~~ACE~~UNITED Securities Corporation Mortgage Loan Pass-Through Certificates Record Date: 4/29/05 Distribution Date: 5/25/05 ACE Securities Corporation Mortgage Loan Pass-Through Certificates Series ACE 2005-HE3 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution A-1A 004421MX8 SEN 3.28000% 368,328,000.00 906,086.88 3,448,347.83 A-1B 004421MY6 SEN 3.32000% 92,083,000.00 229,286.67 862,096.32 A-2A 004421MZ3 SEN 3.16000% 220,000,000.00 521,400.00 3,748,923.20 A-2B 004421NA7 SEN 3.27000% 119,685,000.00 293,527.46 0.00 A-2C 004421NB5 SEN 3.38000% 49,096,000.00 124,458.36 0.00 M-1 004421NC3 MEZ 3.49000% 58,358,000.00 152,752.07 0.00 M-2 004421ND1 MEZ 3.51000% 35,451,000.00 93,324.76 0.00 M-3 004421NE9 MEZ 3.53000% 22,362,000.00 59,203.40 0.00 M-4 004421NF6 MEZ 3.69000% 19,634,000.00 54,337.10 0.00 M-5 004421NG4 MEZ 3.72000% 18,544,000.00 51,737.76 0.00 M-6 004421NH2 MEZ 3.75000% 17,998,000.00 50,619.38 0.00 M-7 004421NJ8 MEZ 4.36000% 14,180,000.00 46,368.60 0.00 M-8 004421NK5 MEZ 4.41000% 13,090,000.00 43,295.18 0.00 M-9 004421NL3 MEZ 4.86000% 10,908,000.00 39,759.66 0.00 B-1 004421NM1 SUB 6.31000% 6,545,000.00 30,974.21 0.00 B-2 004421NN9 SUB 6.31000% 10,908,000.00 51,622.11 0.00 B-3 004421NP4 SUB 6.31000% 8,181,000.00 38,716.58 0.00 CE ACE05H2CE SEN 0.00000% 5,454,097.00 3,042,974.23 71.02 P ACE05HE2P SEN 0.00000% 100.00 51,230.50 0.00 R-1 ACE05H3R1 SEN 0.00000% 0.00 0.00 0.00 Totals 1,090,805,197.00 5,881,674.91 8,059,438.37STATES

~~Certificateholder~~SECURITIES ~~Distribution~~AND ~~Summary~~EXCHANGE (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1A 0.00 364,879,652.17 4,354,434.71 0.00 A-1B 0.00 91,220,903.68 1,091,382.99 0.00 A-2A 0.00 216,251,076.80 4,270,323.20 0.00 A-2B 0.00 119,685,000.00 293,527.46 0.00 A-2C 0.00 49,096,000.00 124,458.36 0.00 M-1 0.00 58,358,000.00 152,752.07 0.00 M-2 0.00 35,451,000.00 93,324.76 0.00 M-3 0.00 22,362,000.00 59,203.40 0.00 M-4 0.00 19,634,000.00 54,337.10 0.00 M-5 0.00 18,544,000.00 51,737.76 0.00 M-6 0.00 17,998,000.00 50,619.38 0.00 M-7 0.00 14,180,000.00 46,368.60 0.00 M-8 0.00 13,090,000.00 43,295.18 0.00 M-9 0.00 10,908,000.00 39,759.66 0.00 B-1 0.00 6,545,000.00 30,974.21 0.00 B-2 0.00 10,908,000.00 51,622.11 0.00 B-3 0.00 8,181,000.00 38,716.58 0.00 CE 0.00 5,454,025.98 3,043,045.25 0.00 P 0.00 100.00 51,230.50 0.00 R-1 0.00 0.00 0.00 0.00 Totals 0.00 1,082,745,758.63 13,941,113.28 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.COMMISSION

~~Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) A-1A 368~~Washington,~~328,000.00~~ ~~368,328,000~~D.~~00 0~~C.00 3,448,347.83 0.00 0.00 A-1B 92,083,000.00 92,083,000.00 0.00 862,096.32 0.00 0.00 A-2A 220,000,000.00 220,000,000.00 0.00 3,748,923.20 0.00 0.00 A-2B 119,685,000.00 119,685,000.00 0.00 0.00 0.00 0.00 A-2C 49,096,000.00 49,096,000.00 0.00 0.00 0.00 0.00 M-1 58,358,000.00 58,358,000.00 0.00 0.00 0.00 0.00 M-2 35,451,000.00 35,451,000.00 0.00 0.00 0.00 0.00 M-3 22,362,000.00 22,362,000.00 0.00 0.00 0.00 0.00 M-4 19,634,000.00 19,634,000.00 0.00 0.00 0.00 0.00 M-5 18,544,000.00 18,544,000.00 0.00 0.00 0.00 0.00 M-6 17,998,000.00 17,998,000.00 0.00 0.00 0.00 0.00 M-7 14,180,000.00 14,180,000.00 0.00 0.00 0.00 0.00 M-8 13,090,000.00 13,090,000.00 0.00 0.00 0.00 0.00 M-9 10,908,000.00 10,908,000.00 0.00 0.00 0.00 0.00 B-1 6,545,000.00 6,545,000.00 0.00 0.00 0.00 0.00 B-2 10,908,000.00 10,908,000.00 0.00 0.00 0.00 0.00 B-3 8,181,000.00 8,181,000.00 0.00 0.00 0.00 0.00 CE 5,454,097.00 5,454,097.00 0.00 71.02 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 R-1 0.00 0.00 0.00 0.00 0.00 0.00 Totals 1,090,805,197.00 1,090,805,197.00 0.00 8,059,438.37 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.20549

~~Principal~~Form Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution A-1A 3,448,347.83 364,879,652.17 0.99063783 3,448,347.83 A-1B 862,096.32 91,220,903.68 0.99063783 862,096.32 A-2A 3,748,923.20 216,251,076.80 0.98295944 3,748,923.20 A-2B 0.00 119,685,000.00 1.00000000 0.00 A-2C 0.00 49,096,000.00 1.00000000 0.00 M-1 0.00 58,358,000.00 1.00000000 0.00 M-2 0.00 35,451,000.00 1.00000000 0.00 M-3 0.00 22,362,000.00 1.00000000 0.00 M-4 0.00 19,634,000.00 1.00000000 0.00 M-5 0.00 18,544,000.00 1.00000000 0.00 M-6 0.00 17,998,000.00 1.00000000 0.00 M-7 0.00 14,180,000.00 1.00000000 0.00 M-8 ~~0.00 13,090,000.00 1.00000000 0.00 M~~-9 0.00 10,908,000.00 1.00000000 0.00 B-1 0.00 6,545,000.00 1.00000000 0.00 B-2 0.00 10,908,000.00 1.00000000 0.00 B-3 0.00 8,181,000.00 1.00000000 0.00 CE 71.02 5,454,025.98 0.99998698 71.02 P 0.00 100.00 1.00000000 0.00 R-1 0.00 0.00 0.00000000 0.00 Totals 8,059,438.37 1,082,745,758.63 0.99261148 8,059,438.37K

~~Principal~~CURRENT Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1A 368,328,000.00 1000.00000000 0.00000000 9.36216587 0.00000000 A-1B 92,083,000.00 1000.00000000 0.00000000 9.36216587 0.00000000 A-2A 220,000,000.00 1000.00000000 0.00000000 17.04056000 0.00000000 A-2B 119,685,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-2C 49,096,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-1 58,358,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 35,451,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 22,362,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-4 19,634,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-5 18,544,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-6 17,998,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-7 14,180,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-8 13,090,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-9 10,908,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-1 6,545,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-2 10,908,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-3 8,181,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 CE 5,454,097.00 1000.00000000 0.00000000 0.01302140 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 R-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes are per $1,000 denomination.REPORT

~~Principal~~Pursuant ~~Distribution~~to ~~Factors~~Section ~~Statement~~13 ~~(continued)~~or ~~Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss~~ 15(3d) ~~Reduction~~of Balance Percentage Distribution A-1A 0.00000000 9.36216587 990.63783413 0.99063783 9.36216587 A-1B 0.00000000 9.36216587 990.63783413 0.99063783 9.36216587 A-2A 0.00000000 17.04056000 982.95944000 0.98295944 17.04056000 A-2B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-2C 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-8 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-9 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 CE 0.00000000 0.01302140 999.98697860 0.99998698 0.01302140 P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the ~~Prospectus Supplement for a Full Description.~~

~~Interest~~Securities ~~Distribution~~Exchange ~~Statement~~Act ~~Beginning Payment~~ of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall A-1A 368,328,000.00 3.28000% 368,328,000.00 906,086.88 0.00 0.00 A-1B 92,083,000.00 3.32000% 92,083,000.00 229,286.67 0.00 0.00 A-2A 220,000,000.00 3.16000% 220,000,000.00 521,400.00 0.00 0.00 A-2B 119,685,000.00 3.27000% 119,685,000.00 293,527.46 0.00 0.00 A-2C 49,096,000.00 3.38000% 49,096,000.00 124,458.36 0.00 0.00 M-1 58,358,000.00 3.49000% 58,358,000.00 152,752.07 0.00 0.00 M-2 35,451,000.00 3.51000% 35,451,000.00 93,324.76 0.00 0.00 M-3 22,362,000.00 3.53000% 22,362,000.00 59,203.40 0.00 0.00 M-4 19,634,000.00 3.69000% 19,634,000.00 54,337.10 0.00 0.00 M-5 18,544,000.00 3.72000% 18,544,000.00 51,737.76 0.00 0.00 M-6 17,998,000.00 3.75000% 17,998,000.00 50,619.38 0.00 0.00 M-7 14,180,000.00 4.36000% 14,180,000.00 46,368.60 0.00 0.00 M-8 13,090,000.00 4.41000% 13,090,000.00 43,295.18 0.00 0.00 M-9 10,908,000.00 4.86000% 10,908,000.00 39,759.66 0.00 0.00 B-1 6,545,000.00 6.31000% 6,545,000.00 30,974.21 0.00 0.00 B-2 10,908,000.00 6.31000% 10,908,000.00 51,622.11 0.00 0.00 B-3 8,181,000.00 6.31000% 8,181,000.00 38,716.58 0.00 0.00 CE 5,454,097.00 0.00000% 1,090,805,196.67 0.00 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 R-1 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 1,090,805,197.00 2,787,470.18 0.00 0.001934

~~Interest~~Date ~~Distribution~~of ~~Statement~~Report (~~continued)~~Date ~~Remaining~~of ~~Ending~~earliest ~~Non-Supported~~event ~~Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4~~reported): ~~Distribution~~June Shortfall Balance A-1A 0.00 0.00 906,086.88 0.00 364,879,652.17 A-1B 0.00 0.00 229,286.67 0.00 91,220,903.68 A-2A 0.00 0.00 521,400.00 0.00 216,251,076.80 A-2B 0.00 0.00 293,527.46 0.00 119,685,000.00 A-2C 0.00 0.00 124,458.36 0.00 49,096,000.00 M-1 ~~0.00 0.00 152~~,~~752.07~~ 0.00 58,358,000.00 M-2 0.00 0.00 93,324.76 0.00 35,451,000.00 M-3 0.00 0.00 59,203.40 0.00 22,362,000.00 M-4 0.00 0.00 54,337.10 0.00 19,634,000.00 M-5 0.00 0.00 51,737.76 0.00 18,544,000.00 M-6 0.00 0.00 50,619.38 0.00 17,998,000.00 M-7 0.00 0.00 46,368.60 0.00 14,180,000.00 M-8 0.00 0.00 43,295.18 0.00 13,090,000.00 M-9 0.00 0.00 39,759.66 0.00 10,908,000.00 B-1 0.00 0.00 30,974.21 0.00 6,545,000.00 B-2 0.00 0.00 51,622.11 0.00 10,908,000.00 B-3 0.00 0.00 38,716.58 0.00 8,181,000.00 CE 0.00 0.00 3,042,974.23 0.00 1,082,745,758.63 P 0.00 0.00 51,230.50 0.00 100.00 R-1 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 5,881,674.91 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.2005

~~Interest~~ACE ~~Distribution~~SECURITIES Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall A-1A 368,328,000CORP.00 3.28000% 1000.00000000 2.46000000 0.00000000 0.00000000 A-1B 92,083,000.00 3.32000% 1000.00000000 2.49000000 0.00000000 0.00000000 A-2A 220,000,000.00 3.16000% 1000.00000000 2.37000000 0.00000000 0.00000000 A-2B 119,685,000.00 3.27000% 1000.00000000 2.45249998 0.00000000 0.00000000 A-2C 49,096,000.00 3.38000% 1000.00000000 2.53500000 0.00000000 0.00000000 M-1 58,358,000.00 3.49000% 1000.00000000 2.61750009 0.00000000 0.00000000 M-2 35,451,000.00 3.51000% 1000.00000000 2.63250007 0.00000000 0.00000000 M-3 22,362,000.00 3.53000% 1000.00000000 2.64750022 0.00000000 0.00000000 M-4 19,634,000.00 3.69000% 1000.00000000 2.76750025 0.00000000 0.00000000 M-5 18,544,000.00 3.72000% 1000.00000000 2.79000000 0.00000000 0.00000000 M-6 17,998,000.00 3.75000% 1000.00000000 2.81250028 0.00000000 0.00000000 M-7 14,180,000.00 4.36000% 1000.00000000 3.27000000 0.00000000 0.00000000 M-8 13,090,000.00 4.41000% 1000.00000000 3.30750038 0.00000000 0.00000000 M-9 10,908,000.00 4.86000% 1000.00000000 3.64500000 0.00000000 0.00000000 B-1 6,545,000.00 6.31000% 1000.00000000 4.73249962 0.00000000 0.00000000 B-2 10,908,000.00 6.31000% 1000.00000000 4.73250000 0.00000000 0.00000000 B-3 8,181,000.00 6.31000% 1000.00000000 4.73249969 0.00000000 0.00000000 CE 5,454,097.00 0.00000% 199997.39584206 0.00000000 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 R-1 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All Classes are per $1,000 denomination.

~~Interest Distribution Factors Statement~~ (~~continued)~~as ~~Remaining~~depositor ~~Ending~~under Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance A-1A 0.00000000 0.00000000 2.46000000 0.00000000 990.63783413 A-1B 0.00000000 0.00000000 2.49000000 0.00000000 990.63783413 A-2A 0.00000000 0.00000000 2.37000000 0.00000000 982.95944000 A-2B 0.00000000 0.00000000 2.45249998 0.00000000 1000.00000000 A-2C 0.00000000 0.00000000 2.53500000 0.00000000 1000.00000000 M-1 0.00000000 0.00000000 2.61750009 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 2.63250007 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 2.64750022 0.00000000 1000.00000000 M-4 0.00000000 0.00000000 2.76750025 0.00000000 1000.00000000 M-5 0.00000000 0.00000000 2.79000000 0.00000000 1000.00000000 M-6 0.00000000 0.00000000 2.81250028 0.00000000 1000.00000000 M-7 0.00000000 0.00000000 3.27000000 0.00000000 1000.00000000 M-8 0.00000000 0.00000000 3.30750038 0.00000000 1000.00000000 M-9 0.00000000 0.00000000 3.64500000 0.00000000 1000.00000000 B-1 0.00000000 0.00000000 4.73249962 0.00000000 1000.00000000 B-2 0.00000000 0.00000000 4.73250000 0.00000000 1000.00000000 B-3 0.00000000 0.00000000 4.73249969 0.00000000 1000.00000000 CE 0.00000000 0.00000000 557.92447952 0.00000000 198519.71071105 P 0.00000000 0.00000000 512305.00000000 0.00000000 1000.00000000 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the ~~Prospectus~~Pooling ~~Supplement~~and ~~for~~Servicing ~~a Full Description.~~Agreement,

~~CERTIFICATEHOLDER~~dated ~~ACCOUNT~~as ~~STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments~~ of ~~Interest~~April ~~and Principal 13~~1,~~904,687.41~~ ~~Liquidations~~2005, ~~Insurance~~providing Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 51,230.50 Total Deposits 13,955,917.91 Withdrawals Reimbursement for ~~Servicer~~the ~~Advances~~issuance ~~0.00 Payment~~ of ~~Service Fee 14,804.63 Payment of Interest and Principal 13,941,113.28 Total Withdrawals (Pool Distribution Amount) 13,955,917.91 Ending Balance 0.00~~

~~PREPAYMENT/CURTAILMENT~~ACE ~~INTEREST~~Securities ~~SHORTFALL Total Prepayment/Curtailment Interest Shortfall 0~~Corp.00 ~~Servicing~~Home ~~Fee~~Equity ~~Support~~Loan ~~0.00~~Trust, ~~Non-Supported~~Series ~~Prepayment/Curtailment Interest Shortfall 0.00~~2005-HE3,

~~SERVICING~~Asset-Backed ~~FEES Gross Servicing Fee 0.00 Credit Risk Manager Fee~~ Pass-Through ~~Murray Hill Company 12,192.05 Master Servicing Fee: Wells Fargo Bank 2,612.58 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 14,804.63~~Certificates)

~~OTHER~~ACE ~~ACCOUNTS~~Securities ~~Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 1,000~~Corp.~~00 0.00 0.00 1,000.00~~

~~LOAN~~(Exact ~~STATUS~~name ~~STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENCY STATUS DELINQUENT BANKRUPTCY FORECLOSURE REO Total No~~ of ~~Loans~~registrant Noas ofspecified ~~Loans~~in Noits of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 1 0 0 1 99,909.51 0.00 0.00 99,909.51 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 1 0 0 1 0.00 99,909.51 0.00 0.00 99,909.51 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.015406% 0.000000% 0.000000% 0.015406% 0.009631% 0.000000% 0.000000% 0.009631% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.015406% 0.000000% 0.000000% 0.015406% 0.000000% 0.009631% 0.000000% 0.000000% 0.009631%charter)

Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group I SubGrp I No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 1 0 0 1 99,909.51 0.00 0.00 99,909.51 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 1 0 0 1 0.00 99,909.51 0.00 0.00 99,909.51 0-29 Days 0.072046% 0.000000% 0.000000% 0.072046% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.072046% 0.000000% 0.000000% 0.072046% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group I SubGrp II No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Grp II SubGrp I No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Grp II SubGrp II No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%

Delaware	333-119047	56-2088493
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification Number)

6525 Morrison Blvd., Suite 318, Charlotte, North Carolina	28211
(Address of Principal Executive Offices)	(Zip Code)

~~OTHER~~Registrant’s ~~INFORMATION~~telephone ~~Current~~number, ~~Period~~including ~~Class~~area Acode: ~~Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 0.00~~704-365-0569

~~Class~~Check ~~M-1~~the ~~183,255,197.00~~appropriate ~~16.79999302%~~box ~~183,255,125.98~~below ~~17.67220799%~~if ~~5.627754%~~the ~~0.000000%~~Form ~~Class M~~8-2K ~~147,804,197.00~~filing ~~13.55000851%~~is ~~147,804,125.98~~intended ~~14.25349082%~~to ~~3.418717%~~simultaneously ~~0.000000%~~satisfy ~~Class~~the ~~M-3~~filing ~~125,442,197.00~~obligation ~~11.49996327%~~of ~~125,442,125.98~~the ~~12.09701136%~~registrant ~~2.156479%~~under ~~0.000000%~~any ~~Class~~of ~~M-4~~the ~~105,808,197.00~~following ~~9.70000852%~~provisions ~~105,808,125.98~~(see ~~10.20360658%~~General ~~1.893405%~~Instruction 0A.~~000000% Class B-1 24,543,197.00~~ 2.~~25000734%~~ 24,543,125.98 2.36681634% 0.631167% 0.000000% Class B-2 13,635,197.00 1.25001210% 13,635,125.98 1.31490337% 1.051913% 0.000000% Class B-3 5,454,197.00 0.50001568% 5,454,125.98 0.52596864% 0.788935% 0.000000% Class CE 100.00 0.00000917% 100.00 0.00000964% 0.525959% 0.000000% Class P 0.00 0.00000000% 0.00 0.00000000% 0.000010% 0.000000% Class R-I 0.00 0.00000000% 0.00 0.00000000% 0.000000% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposurebelow):

~~COLLATERAL~~o ~~STATEMENT~~Written ~~Collateral~~communications ~~Description~~pursuant ~~Fixed~~to ~~Mixed~~Rule &425 ~~ARM~~under &the ~~Balloon~~Securities ~~Weighted~~Act ~~Average Gross Coupon 7.212142% Weighted Average Net Coupon 6.712141% Weighted Average Pass-Through Rate 6.695142% Weighted Average Maturity~~(~~Stepdown~~17 ~~Calculation~~CFR ) 349 Beginning Scheduled Collateral Loan Count 6,529 Number Of Loans Paid In Full 38 Ending Scheduled Collateral Loan Count 6,491 Beginning Scheduled Collateral Balance 1,090,805,197.00 Ending Scheduled Collateral Balance 1,036,967,910.97 Ending Actual Collateral Balance at 29-Apr-2005 1,037,416,755.95 Monthly P &I Constant 6,834,275.99 Special Servicing Fee 0.00 Prepayment Penalties 51,230.50 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 553,537.69 Unscheduled Principal 7,505,900.39 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 70.73 Specified O/C Amount 5,454,025.98 Overcollateralized Amount 5,454,025.98 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00425)

~~Pre~~o Soliciting material pursuant to Rule 14a-~~Funding~~12(b) ~~Account~~under ~~Balance~~the ~~$45,777,847~~Exchange Act (17 CFR 240.6414a-12(b))

~~Group~~o ~~Level~~Pre-commencement ~~Collateral~~communications ~~Statement~~pursuant ~~Group~~to ~~Group~~Rule I SubGrp I Group I SubGrp II Grp II SubGrp I Collateral Description Mixed Fixed Mixed ARM Mixed Fixed Weighted Average Coupon Rate 8.600118 7.253043 8.421964 Weighted Average Net Rate 8.100118 6.753043 8.348614 Weighted Average Maturity 295 359 359 Beginning Loan Count 1,395 3,197 608 Loans Paid In Full 7 20 3 Ending Loan Count 1,388 3,177 605 Beginning Scheduled Balance 96,239,864.84 457,294,404.21 62,877,682.21 Ending scheduled Balance 95,754,794.56 453,468,992.51 61,802,351.64 Record Date 04/29/2005 04/29/2005 04/29/2005 Principal And Interest Constant 762,051.45 3,045,343.04 480,951.83 Scheduled Principal 72,322.94 281,363.25 39,657.18 Unscheduled Principal 412,747.34 3,544,048.45 1,035,673.39 Scheduled Interest 689,728.51 14d-2~~,763,979.79~~(b) ~~441,294.65~~under ~~Servicing~~the ~~Fees~~Exchange ~~40,099.96~~Act ~~190,539.91~~(17 ~~26,199.12~~CFR ~~Master Servicing Fees~~ 240.61 1,143.24 157.19 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 1,122.82 5,335.12 733.58 Pool Insurance Fee 0.00 0.00 0.00 Spread Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest 648,266.16 2,566,961.35 414,205.23 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass14d-~~Through Rate 8.083131 6.736040 7.904971~~2(b))

~~Group~~o ~~Level~~Pre-commencement ~~Collateral~~communications ~~Statement~~pursuant ~~Group~~to ~~Grp~~Rule II13e-4(c) ~~SubGrp~~under IIthe ~~Total~~Exchange ~~Collateral~~Act ~~Description~~(17 ~~Mixed~~CFR ~~ARM Fixed Mixed & ARM & Balloon Weighted Average Coupon Rate 6~~240.679374 7.212142 Weighted Average Net Rate 3.271046 6.712141 Weighted Average Maturity 293 349 Beginning Loan Count 1,329 6,529 Loans Paid In Full 8 38 Ending Loan Count 1,321 6,491 Beginning Scheduled Balance 428,615,397.79 1,045,027,349.05 Ending scheduled Balance 425,941,772.26 1,036,967,910.97 Record Date 04/29/2005 04/29/2005 Principal And Interest Constant 2,545,929.67 6,834,275.99 Scheduled Principal 160,194.32 553,537.69 Unscheduled Principal 2,513,431.21 7,505,900.39 Scheduled Interest 2,385,735.35 6,280,738.30 Servicing Fees 178,590.12 435,429.11 Master Servicing Fees 1,071.54 2,612.58 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 5,000.53 12,192.05 Pool Insurance Fee 0.00 0.00 Spread Fee 1 0.00 0.00 Spread Fee 2 0.00 0.00 Spread Fee 3 0.00 0.00 Net Interest 2,201,072.59 5,830,505.33 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass13e-~~Through Rate 6.162371 6.695142~~4(c))

Section 2 - Completion of Acquisition or Disposition of Assets

Item 2.01 Completion of Acquisition or Disposition of Assets

On April 28, 2005, a series of certificates, entitled ACE Securities Corp. Home Equity Loan Trust, Series 2005-HE3, Asset-Backed Pass-Through Certificates, were issued pursuant to a pooling and servicing agreement, dated as of April 1, 2005 (the “Pooling and Servicing Agreement”), among ACE Securities Corp. as depositor (the “Depositor”), Wells Fargo Bank, N.A. as master servicer and securities administrator, Ocwen Federal Bank FSB as servicer and HSBC Bank USA, National Association as trustee (the “Trustee”).

On June 1, 2005, following the closing of the initial issuance of the Certificates, the Trustee purchased from the Depositor certain Subsequent Mortgage Loans, as defined in the Agreement, with an aggregate Stated Principal Balance equal to $45,654,714.18 with funds on deposit in the pre-funding account established pursuant to the Agreement at a purchase price equal to the Stated Principal Balance thereof, which Subsequent Mortgage Loans were conveyed to the Trustee pursuant to a Subsequent Transfer Instrument, dated June 1, 2005 (the “Instrument”), between the Depositor and the Trustee. Attached to the Instrument is the Mortgage Loan Schedule listing the Subsequent Mortgage Loans that are the subject of such Instrument.

Section 8 - Other Events

Item 8.01. Other Events

Description of the Mortgage Pool

The Certificates, issued pursuant to the Agreement, evidence in the aggregate the entire beneficial ownership interest in a trust fund (the “Trust Fund”), consisting primarily of a segregated pool (the “Mortgage Pool”) of conventional, one- to four- family, first lien and second lien, adjustable-rate and fixed-rate mortgage loans having original terms to maturity of not greater than 30 years (the “Mortgage Loans”). After the Subsequent Transfer Date, the Trust Fund primarily consisted of the Mortgage Pool, which consisted of Group I Mortgage Loans having an aggregate Stated Principal Balance of approximately $586,982,072.86, and Group II Mortgage Loans having an aggregate Stated Principal Balance of approximately $495,640,552.29.

Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits

(a)	Not applicable
(b)	Not applicable
(c)	Exhibits

	Exhibit No.		Description
	4.2		Subsequent Transfer Instrument, dated as June 1, 2005 between ACE Securities Corp. as seller and HSBC Bank USA, National Association, as trustee.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Dated: June 15, 2005

ACE SECURITIES CORP.


By:	/s/	Douglas K. Johnson
Name:		Douglas K. Johnson
Title:		President


By:	/s/	Evelyn Echevarria
Name:		Evelyn Echevarria
Title:		Vice President

Index to Exhibits

Exhibit No.

Description

Sequentially

Numbered Page

4.2

Subsequent Transfer Instrument, dated as June 1, 2005 between ACE Securities Corp. as seller and HSBC Bank USA, National Association, as trustee.

Exhibit 4.2

SUBSEQUENT TRANSFER INSTRUMENT

Pursuant to this Subsequent Transfer Instrument, dated June 1, 2005 (the “Instrument”), between ACE Securities Corp. as seller (the “Depositor”), and HSBC Bank USA, National Association as trustee of the ACE Securities Corp. Home Equity Loan Trust, Series 2005-HE3, Asset Backed Pass-Through Certificates, as purchaser (the “Trustee”), and pursuant to the Pooling and Servicing Agreement, dated as of April 1, 2005 (the “Pooling and Servicing Agreement”), among the Depositor, Ocwen Federal Bank FSB as servicer, Wells Fargo Bank, N.A. as Master Servicer and Securities Administrator and the Trustee, the Depositor and the Trustee agree to the sale by the Depositor and the purchase by the Trustee in trust, on behalf of the Trust, of the Mortgage Loans listed on the attached Schedule of Mortgage Loans (the “Subsequent Mortgage Loans”).

Capitalized terms used but not otherwise defined herein shall have the meanings set forth in the Pooling and Servicing Agreement.

Section 1.

Conveyance of Subsequent Mortgage Loans.

(a) The Depositor does hereby sell, transfer, assign, set over and convey to the Trustee in trust, on behalf of the Trust, without recourse, all of its right, title and interest in and to the Subsequent Mortgage Loans, and including all amounts due on the Subsequent Mortgage Loans after the related Subsequent Cut-off Date, and all items with respect to the Subsequent Mortgage Loans to be delivered pursuant to Section 2.01 of the Pooling and Servicing Agreement; provided, however that the Depositor reserves and retains all right, title and interest in and to amounts due on the Subsequent Mortgage Loans on or prior to the related Subsequent Cut-off Date. The Depositor, contemporaneously with the delivery of this Agreement, has delivered or caused to be delivered to the Trustee (or the Custodian on its behalf) each item set forth in Section 2.01 of the Pooling and Servicing Agreement. The transfer to the Trustee by the Depositor of the Subsequent Mortgage Loans identified on the Mortgage Loan Schedule shall be absolute and is intended by the Depositor, the Trustee and the Certificateholders to constitute and to be treated as a sale by the Depositor to the Trust Fund.

(b) The Depositor, concurrently with the execution and delivery hereof, does hereby transfer, assign, set over and otherwise convey to the Trustee without recourse for the benefit of the Certificateholders all the right, title and interest of the Depositor, in, to and under the Subsequent Mortgage Loan Purchase Agreement, dated the date hereof, between the Depositor as purchaser and DB Structured Products, Inc. as seller (the “Seller”), to the extent of the Subsequent Mortgage Loans.

(c)	Additional terms of the sale are set forth on Attachment A hereto.
Section 2.		Representations and Warranties; Conditions Precedent.

(a) The Depositor hereby confirms that each of the conditions and the representations and warranties set forth in Section 2.09 of the Pooling and Servicing Agreement are satisfied as of the date hereof.

(b) All terms and conditions of the Pooling and Servicing Agreement are hereby ratified and confirmed; provided, however, that in the event of any conflict, the provisions of this Instrument shall control over the conflicting provisions of the Pooling and Servicing Agreement.

Section 3.

Recordation of Instrument.

To the extent permitted by applicable law, this Instrument, or a memorandum thereof if permitted under applicable law, is subject to recordation in all appropriate public offices for real property records in all of the counties or other comparable jurisdictions in which any or all of the properties subject to the Mortgages are situated, and in any other appropriate public recording office or elsewhere, such recordation to be effected by the Depositor at the Certificateholders’ expense on direction of the related Certificateholders, but only when accompanied by an Opinion of Counsel to the effect that such recordation materially and beneficially affects the interests of the Certificateholders or is necessary for the administration or servicing of the Subsequent Mortgage Loans.

Section 4.

Governing Law.

This Instrument shall be construed in accordance with the laws of the State of New York and the obligations, rights and remedies of the parties hereunder shall be determined in accordance with such laws, without giving effect to principles of conflicts of law.

Section 5.

Counterparts.

This Instrument may be executed in one or more counterparts and by the different parties hereto on separate counterparts, each of which, when so executed, shall be deemed to be an original; such counterparts, together, shall constitute one and the same instrument.

Section 6.

Successors and Assigns.

This Instrument shall inure to the benefit of and be binding upon the Depositor and the Trustee and their respective successors and assigns.

	ACE SECURITIES CORP.


	By:
	Name:
	Title:

	By:
	Name:
	Title:



	HSBC BANK USA, NATIONAL ASSOCIATION, as Trustee for ACE Securities Corp. Home Equity Loan Trust, Series 2005-HE3, Asset Backed Pass-Through Certificates


	By:
	Name:
	Title:

Attachments

A.	Additional terms of sale.
B.	Schedule of Subsequent Mortgage Loans.

ADDITIONAL TERMS OF SALE

None.

SCHEDULE OF SUBSEQUENT MORTGAGE LOANS

(Provided Upon Request)

Filing Compare · ACE Securities Corp Home Equity Trust 2005-HE3