Exhibit 99.1

Bay View Securitization Corporation
Bay View 2005 LJ-1 Owner Trust
For Payment Date: June 27, 2005
For Collection Period: May 2005
For Determination Date: June 15, 2005


A.	PRINCIPAL BALANCE RECONCILIATION	A-1			A-2			A-3			A-4			# LOANS	TOTAL			LOAN BALANCE

(A)	Original Principal Balance		38,600,000.00			62,600,000.00			64,100,000.00			66,800,000.00		8,335		232,100,000.00			232,100,000.00

(B)	Beginning Balance		19,718,314.09			62,600,000.00			64,100,000.00			66,800,000.00		7,950		213,218,314.09			213,218,314.09

(C)	Collections (Regular Payments)		2,778,880.58											n/a		2,778,880.58			2,778,880.58

(D)	Withdrawal from Payahead (Principal)		627.56											n/a		627.56			627.56

(E)	Collections (Principal Payoffs)		3,958,511.45											163		3,958,511.45			3,958,511.45

(F)	Gross Charge Offs (Prior Mo. End Bal)		205,176.28											7		205,176.28			205,176.28

(G)	Principal Reductions (Other)(Partial chg-off)		30,705.71											n/a		30,705.71			30,705.71

(H)	Repurchases		0.00			0.00			0.00			0.00		0		0.00			0.00

(I)	Ending Balance		12,744,412.51			62,600,000.00			64,100,000.00			66,800,000.00		7,780		206,244,412.51			206,244,412.51


(J)	Certificate Factor		33.016613	%		100.000000	%		100.000000	%		100.000000	%	93.341332%		88.860152	%		88.860152	%


Notional Principal Balance: Class I
(K)	Beginning																		157,694,382.09

(L)	Reduction																		6,973,901.58

(M)	Ending																		150,720,480.51


Notional Principal Balance: Companion Component
(N)	Beginning																		55,523,932.00

(O)	Reduction																		—

(P)	Ending																		55,523,932.00


B.	CASH FLOW RECONCILIATION																	TOTALS

(A)	CASH WIRED-PRINCIPAL AND INTEREST COLLECTIONS																		8,114,214.84

(B)	INTEREST WIRED — COLLECTION ACCOUNT & PAYAHEAD ACCOUNT																		22,978.53

(C)	WITHDRAWAL FROM PAYAHEAD ACCOUNT																		627.56

(D)	ADVANCES																		6,078.26

(E)	REPURCHASES																		0.00

(F)	GROSS CHARGE OFF RECOVERIES																		102,174.94

(G)	SPREAD ACCOUNT WITHDRAWAL																		0.00

(H)	Policy Draw for "I" Interest																		0.00

(I)	Policy Draw for “A-1” Interest or Ultimate Principal																		0.00

(J)	Policy Draw for “A-2” Interest or Ultimate Principal																		0.00

(K)	Policy Draw for “A-3” Interest or Ultimate Principal																		0.00

(L)	Policy Draw for “A-4” Interest or Ultimate Principal																		0.00


	TOTAL COLLECTIONS																		8,246,074.13


C.	TRUSTEE DISTRIBUTION																	TOTAL

(A)	TOTAL CASH FLOW																		8,246,074.13

(B)	DEPOSIT TO PAYAHEAD																		0.00

(C)	Indenture Trustee Fee																		0.00

(D)	UNRECOVERED INTEREST ADVANCES																		1,676.96

(E)	SERVICING FEE (DUE AND UNPAID)																		177,681.93

(F)	Standby Servicing Fee (not to exceed $50,000)																		6,218.87

(G)	Owner Trustee Fee (not to exceed $25,000)																		333.33

(H)	INTEREST TO “A-1” CERTIFICATE HOLDERS, INCLUDING OVERDUE																		52,350.07

(I)	INTEREST TO “A-2” CERTIFICATE HOLDERS, INCLUDING OVERDUE																		188,843.33

(J)	INTEREST TO “A-3” CERTIFICATE HOLDERS, INCLUDING OVERDUE																		206,188.33

(K)	INTEREST TO “A-4” CERTIFICATE HOLDERS, INCLUDING OVERDUE																		227,676.67

(L)	Interest to “I” Certificate Holders, including Overdue																		65,705.99

(M)	PRINCIPAL TO “A-1” CERTIFICATE HOLDERS, INCLUDING OVERDUE																		6,973,901.58

(N)	PRINCIPAL TO “A-2” CERTIFICATE HOLDERS, INCLUDING OVERDUE																		0.00

(O)	PRINCIPAL TO “A-3” CERTIFICATE HOLDERS, INCLUDING OVERDUE																		0.00

(P)	PRINCIPAL TO “A-4” CERTIFICATE HOLDERS, INCLUDING OVERDUE																		0.00

(Q)	Policy Premium and Unreimbursed Draws																		47,974.12

(R)	Spread Account (up to the Requisite Amount)																		297,522.95

(S)	Additional Unpaid Standby Servicing Fee																		0.00

(T)	Additonal Unpaid Indenture Trustee Fee																		0.00

(U)	Additional Unpaid Owner Trustee Fee																		0.00

(V)	Interests Advance Recovery Payments																		0.00

(W)	EXCESS YIELD																		0.00


	BALANCE																		0.00


D.	SPREAD ACCOUNT																	SPREAD
																		ACCOUNT

(A)	BEGINNING BALANCE																		7,100,953.19

(B)	ADDITIONS TO SPREAD AMOUNT																		295,936.58

(C)	INTEREST EARNED																		16,332.98

(D)	DRAWS																		0.00

(E)	REIMBURSEMENT FOR PRIOR DRAWS																		N/A

(F)	DISTRIBUTION OF FUNDS TO SERVICER																		N/A

(G)	PRIOR MONTH DISTRIBUTION OF FUNDS TO ISSUER																		0.00

(H)	ENDING BALANCE																		7,413,222.75


(I)	REQUIRED BALANCE																		8,765,387.53

(J)	CURRENT MONTH DISTRIBUTION OF FUNDS TO ISSUER																		0.00

E.	CURRENT RECEIVABLES DELINQUENCY
															NUMBER			BALANCE

	# PAYMENT DELINQUENCY
(A)	61-90															6			188,681.50

(B)	90+ days															3			80,128.72

(C)	TOTAL															9			268,810.22

Bay View Securitization Corporation
Bay View 2005 LJ-1 Owner Trust
For Payment Date: June 27, 2005
For Collection Period: May 2005
For Determination Date: June 15, 2005

REPOSSESSIONS

NUMBER

BALANCE

(A)

COLLECTION PERIOD REPOSSESSIONS (CURRENT PERIOD END BAL)

283,916.79

(B)

AGGREGATE REPOSSESSIONS

644,928.41

(C)

UNLIQUIDATED REPOSSESSIONS

283,916.79

PAYAHEAD RECONCILIATION

(A)

BEGINNING BALANCE

5,468.91

(B)

DEPOSIT

0.00

(C)

WITHDRAWAL

627.56

(D)

ENDING BALANCE

4,841.35

PERFORMANCE TEST

DELINQUENCY RATIO (30+)

DELINQUENT

MONTH

POOL

DELINQUENCY

MONTH

BALANCE

(A)

CURRENT

268,810.22

206,244,412.51

0.1303

(B)

1ST PREVIOUS

126,560.01

213,218,314.09

0.0594

(C)

2ND PREVIOUS

196,261.33

219,540,459.00

0.0894

(D)

THREE MONTH ROLLING AVERAGE

197,210.52

213,001,061.87

0.0930

CUMULATIVE NET LOSS RATE

BALANCE

Net Loss Rate %

(A)

Collection Period Charge-Off receivables

235,881.99

(B)

Aggregate Cram Down Losses during period

—

(C)

Less: Recoveries (current month)

102,174.94

(D)

Prior Period Adjustment

—

(E)

Net Losses current period

133,707.05

(F)

Prior Period cumulative net losses

126,677.05

(G)

Cumulative Net Losses (current period)

260,384.10

232,100,000.00

0.11

EXTENSION RATE

MONTH BALANCE

POOL BALANCE

Extension Rate %

(A)

Principal Balance of Receivables extended during current period (not to exceed .75% of Original Pool Balance)

320,841.48

206,244,412.51

0.16

LOCKBOX TEST

AMOUNT

NUMBER

(A)

Total Payments to Lockbox (Current Month)

3,501,794.56

6,266

(B)

Total Payments (Current Month)

8,216,389.78

7,816

(C)

Lockbox Payment Percentage

80.17

FINANCIAL COVENANTS

(A)

Monthly BVAC capital (at least $50MM)

50,000

(B)

Monthly BVAC cash and working capital borrowing capacity (at least $5MM)

16,532

(C)

Monthly BVAC net worth (at least $20MM)

62,684

WAC-Weighted Average Coupon

8.13

WAM-Weighted Average Maturity

72.15

TRIGGERS

Trigger Level

Actual Level

In Compliance?

(A)

Average Delinquency Ratio

0.75

0.09

Yes

(B)

Cumulative Net Loss

0.65

0.11

Yes

(C)

Extension Rate

0.75

0.16

Yes

(D)

Lockbox Test

0.75

80.17

Yes


/s/ Lisa Staab	APPROVED BY:	/s/ Bob Windelspecht

Lisa Staab		Bob Windelspecht
VP, Controller		Controller
Bay View Acceptance Corp		Bay View Capital Corp

Bay View Deposit CORP 8-K