

                                       UNITED STATES
                            SECURITIES AND EXCHANGE COMMISSION
                                 Washington, D.C. 20549

                                         FORM 8-K

                                     CURRENT REPORT
      Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

              Date of Report (Date of earliest event reported): May 25, 2005
                           (Date of earliest event reported)

         Ameriquest Mortgage Securities Inc (as Depositor under the Trust
      Agreement, dated as February 1, 2005, providing for the issuance of
          Asset-Backed Pass-Through Certificates, Series 2005-R1)
                 (Exact name of registrant as specified in charter)

                                       DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-121781-01                          33-0885129
          (Commission File Number)        (I.R.S. Employer Identification No.)


          1100 TOWN & COUNTRY ROAD, SUITE 1100
          ORANGE, CALIFORNIA                              92868
          (Address of principal executive offices)     (Zip Code)


          Registrant's Telephone Number, Including Area Code:  (714) 564-0660

            (Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any
of the following provisions (see General Instruction A.2. below):

[  ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)

[  ] Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act
(17 CFR 240.14a-12(b))

[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))

[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))


     Item 8.01  Other Events

     Attached hereto is a copy of the Monthly Remittance Statements to the
     Certificateholders which was derived from the monthly information
     submitted by the Master Servicer of the Trust to the Trustee.


     Item 9.01 Financial Statements and Exhibits

     (c) Exhibits:

     Exhibit No. Description

     99.1 Monthly Remittance Statement to the Certificateholders dated as of
     May 25, 2005.

                                    Signatures

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


                                  Deutsche Bank National Trust Company,
                                  in its capacity as Trustee under the
                                  Pooling and Servicing Agreement on
                                  behalf of Ameriquest Mortgage
                                  Securities Inc.,Registrant


          Date:  Jun 02, 2005               By:  /s/  Katherine M. Wannenmacher
                                            Katherine M. Wannenmacher
                                            Vice President


                                   EXHIBIT INDEX

          DOCUMENT

          99.1 Monthly Remittance Statement to the Certificateholders
          dated as of May 25, 2005.



Ameriquest Mortgage Securities, Inc. 2005-R1

Mortgage Pass-Through Certificates

2005-R1

May 25, 2005 Distribution

				External Parties						Table of Contents

													Page
				Seller
										1. Certificate Payment Report					2
				Ameriquest Mortgage Corp
										2. Collection Account Report					6

										3. Credit Enhancement Report					8
										4. Collateral Report					9
				Certificate Insurer(s)						5. Delinquency Report					12

										6. REO Report					16

										7. Foreclosure Report					17
										8. Prepayment Report					18
										9. Prepayment Detail Report					21

										10. Realized Loss Report					26
										11. Realized Loss Detail Report					29
				Servicer(s)
										12. Triggers and Adj. Cert. Report					30
				Ameriquest Mtg Sec Inc
										13. Additional Certificate Report					31



				Underwriter(s)
				Morgan Stanley
				Bear Stearns & Co.
				Goldman Sachs & Co.
				BNP Paribas

										Total Number of Pages					31
				Citigroup


				Dates						Contacts

				Cut-Off Date:			February 01, 2005			Valerie Delgado
				Close Date:			February 23, 2005			Administrator
				First Distribution Date:			March 25, 2005			(714) 247-6273
										valerie.m.delgado@db.com

										Address:
										1761 East St. Andrew Place, Santa Ana, CA 92705
				Distribution Date:			May 25, 2005
										Factor Information:			(800) 735-7777
				Record Date:			April 29, 2005
										Main Phone Number:			(714) 247-6000

							May 24, 2005


										https://www.tss.db.com/invr






Page 1 of 31
Ameriquest Mortgage Securities, Inc. 2005-R1

Mortgage Pass-Through Certificates

2005-R1

May 25, 2005 Distribution
Certificate Payment Report
Current Period Distribution - REMIC II
					Prior												Current
	Class		Original		Principal						Total		Realized		Deferred		Principal

Class	Type	Cur	Face Value		Balance		Interest		Principal		Distribution		Loss		Interest		Balance


					(1)		(2)		(3)		(4)=(2)+(3)		(5)		(6)		(7)=(1)-(3)-(5)+(6)

A-1A	SR	$	286,178,000.00		276,959,383.53		767,408.29		7,349,071.38		8,116,479.67		0.00		0.00		269,610,312.15

A-1B	SR	$	71,545,000.00		69,240,329.77		191,564.91		1,837,280.69		2,028,845.60		0.00		0.00		67,403,049.08
A-2A	SR	$	325,221,000.00		314,571,087.36		857,206.21		9,240,312.47		10,097,518.68		0.00		0.00		305,330,774.89
A-2B	SR	$	81,306,000.00		78,643,497.29		217,580.34		2,310,099.43		2,527,679.77		0.00		0.00		76,333,397.86
A-3A	SR	$	188,640,000.00		166,367,412.69		432,555.27		13,647,264.29		14,079,819.56		0.00		0.00		152,720,148.40
A-3B	SR	$	188,210,000.00		188,210,000.00		506,598.58		0.00		506,598.58		0.00		0.00		188,210,000.00
A-3C	SR	$	35,575,000.00		35,575,000.00		99,906.46		0.00		99,906.46		0.00		0.00		35,575,000.00
A-3D	SR	$	45,825,000.00		43,350,268.07		120,296.99		1,516,362.70		1,636,659.69		0.00		0.00		41,833,905.37
M-1	MEZ	$	80,250,000.00		80,250,000.00		232,056.25		0.00		232,056.25		0.00		0.00		80,250,000.00
M-2	MEZ	$	22,500,000.00		22,500,000.00		65,625.00		0.00		65,625.00		0.00		0.00		22,500,000.00
M-3	MEZ	$	34,500,000.00		34,500,000.00		102,062.50		0.00		102,062.50		0.00		0.00		34,500,000.00
M-4	MEZ	$	24,000,000.00		24,000,000.00		75,200.00		0.00		75,200.00		0.00		0.00		24,000,000.00
M-5	MEZ	$	15,000,000.00		15,000,000.00		47,500.00		0.00		47,500.00		0.00		0.00		15,000,000.00
M-6	MEZ	$	23,250,000.00		23,250,000.00		77,887.50		0.00		77,887.50		0.00		0.00		23,250,000.00
M-7	MEZ	$	13,500,000.00		13,500,000.00		49,162.50		0.00		49,162.50		0.00		0.00		13,500,000.00
M-8	MEZ	$	18,000,000.00		18,000,000.00		71,550.00		0.00		71,550.00		0.00		0.00		18,000,000.00
M-9	MEZ	$	20,250,000.00		20,250,000.00		97,368.75		0.00		97,368.75		0.00		0.00		20,250,000.00
M-10	MEZ	$	11,250,000.00		11,250,000.00		54,093.75		0.00		54,093.75		0.00		0.00		11,250,000.00
CE	SUB	$	15,000,529.77		15,000,006.30		4,561,864.34		0.00		4,561,864.34		0.00		0.00		15,000,006.30
P	SUB	$	100.00		100.00		347,701.52		0.00		347,701.52		0.00		0.00		100.00
R	RES	$	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total			1,500,000,629.77		1,450,417,085.01		8,975,189.16		35,900,390.96		44,875,580.12		0.00		0.00		1,414,516,694.05






Page 2 of 31
Ameriquest Mortgage Securities, Inc. 2005-R1

Mortgage Pass-Through Certificates

2005-R1

May 25, 2005 Distribution

Interest Accrual Detail Current Period Factor Information per $1,000 of Original Face-
									Orig. Principal		Prior							Current

	Period		Period						(with Notional)		Principal						Total	Principal

Class	Starting		Ending		Method		Cusip		Balance		Balance		Interest		Principal		Distribution	Balance

									(1)		(1)		(2)		(3)		(4)=(2)+(3)	(5)
A-1A	04/25/05		05/24/05		A-Act/360		03072SXQ3		286,178,000.00		967.787124		2.681577		25.680071		28.361648	942.107053
A-1B	04/25/05		05/24/05		A-Act/360		03072SXR1		71,545,000.00		967.787124		2.677544		25.680071		28.357615	942.107053
A-2A	04/25/05		05/24/05		A-Act/360		03072SXS9		325,221,000.00		967.253306		2.635765		28.412410		31.048175	938.840896
A-2B	04/25/05		05/24/05		A-Act/360		03072SXT7		81,306,000.00		967.253306		2.676067		28.412410		31.088478	938.840896
A-3A	04/25/05		05/24/05		A-Act/360		03072SXU4		188,640,000.00		881.930729		2.293020		72.345549		74.638568	809.585180
A-3B	04/25/05		05/24/05		A-Act/360		03072SXV2		188,210,000.00		1,000.000000		2.691667		0.000000		2.691667	1,000.000000
A-3C	04/25/05		05/24/05		A-Act/360		03072SXW0		35,575,000.00		1,000.000000		2.808333		0.000000		2.808333	1,000.000000
A-3D	04/25/05		05/24/05		A-Act/360		03072SXX8		45,825,000.00		945.996030		2.625139		33.090294		35.715432	912.905736
M-1	04/25/05		05/24/05		A-Act/360		03072SXY6		80,250,000.00		1,000.000000		2.891667		0.000000		2.891667	1,000.000000
M-2	04/25/05		05/24/05		A-Act/360		03072SXZ3		22,500,000.00		1,000.000000		2.916667		0.000000		2.916667	1,000.000000
M-3	04/25/05		05/24/05		A-Act/360		03072SYA7		34,500,000.00		1,000.000000		2.958333		0.000000		2.958333	1,000.000000
M-4	04/25/05		05/24/05		A-Act/360		03072SYB5		24,000,000.00		1,000.000000		3.133333		0.000000		3.133333	1,000.000000
M-5	04/25/05		05/24/05		A-Act/360		03072SYC3		15,000,000.00		1,000.000000		3.166667		0.000000		3.166667	1,000.000000
M-6	04/25/05		05/24/05		A-Act/360		03072SYD1		23,250,000.00		1,000.000000		3.350000		0.000000		3.350000	1,000.000000
M-7	04/25/05		05/24/05		A-Act/360		03072SYE9		13,500,000.00		1,000.000000		3.641667		0.000000		3.641667	1,000.000000
M-8	04/25/05		05/24/05		A-Act/360		03072SYF6		18,000,000.00		1,000.000000		3.975000		0.000000		3.975000	1,000.000000
M-9	04/25/05		05/24/05		A-Act/360		03072SYG4		20,250,000.00		1,000.000000		4.808333		0.000000		4.808333	1,000.000000
M-10	04/25/05		05/24/05		A-Act/360		03072SYH2		11,250,000.00		1,000.000000		4.808333		0.000000		4.808333	1,000.000000
CE	04/01/05		04/30/05		F-30/360				1,515,001,159.54		9.900987		3.011129		0.000000		3.011129	9.900987
P	04/01/05		04/30/05		F-30/360				100.00		1,000.000000		3,477,015.200000		0.000000		3,477,015.200000	1,000.000000
R	04/01/05		04/30/05		F-30/360				0.00		0.000000		0.000000		0.000000		0.000000	0.000000




Page 3 of 31
Ameriquest Mortgage Securities, Inc. 2005-R1

Mortgage Pass-Through Certificates

2005-R1

May 25, 2005 Distribution

Distribution to Date - REMIC II
																	Current


	Original				Unscheduled		Scheduled		Total		Total		Realized		Deferred		Principal

Class	Face Value		Interest		Principal		Principal		Principal		Distribution		Loss		Interest		Balance
	(1)		(2)		(3)		(4)		(5)=(3)+(4)		(6)=(2)+(5)		(7)		(8)		(9)=(1)-(5)-(7)+(8)
A-1A	286,178,000.00		2,229,439.08		15,719,424.47		848,263.38		16,567,687.85		18,797,126.93		0.00		0.00		269,610,312.15
A-1B	71,545,000.00		556,472.23		3,929,883.59		212,067.33		4,141,950.92		4,698,423.15		0.00		0.00		67,403,049.08
A-2A	325,221,000.00		2,489,191.65		18,910,383.97		979,841.14		19,890,225.11		22,379,416.76		0.00		0.00		305,330,774.89
A-2B	81,306,000.00		632,434.99		4,727,639.60		244,962.54		4,972,602.14		5,605,037.13		0.00		0.00		76,333,397.86
A-3A	188,640,000.00		1,317,354.30		34,747,281.33		1,172,570.27		35,919,851.60		37,237,205.90		0.00		0.00		152,720,148.40
A-3B	188,210,000.00		1,443,159.77		0.00		0.00		0.00		1,443,159.77		0.00		0.00		188,210,000.00
A-3C	35,575,000.00		285,372.18		0.00		0.00		0.00		285,372.18		0.00		0.00		35,575,000.00
A-3D	45,825,000.00		353,863.23		3,860,809.05		130,285.58		3,991,094.63		4,344,957.86		0.00		0.00		41,833,905.37
M-1	80,250,000.00		664,027.29		0.00		0.00		0.00		664,027.29		0.00		0.00		80,250,000.00
M-2	22,500,000.00		187,882.13		0.00		0.00		0.00		187,882.13		0.00		0.00		22,500,000.00
M-3	34,500,000.00		292,446.35		0.00		0.00		0.00		292,446.35		0.00		0.00		34,500,000.00
M-4	24,000,000.00		216,180.93		0.00		0.00		0.00		216,180.93		0.00		0.00		24,000,000.00
M-5	15,000,000.00		136,629.75		0.00		0.00		0.00		136,629.75		0.00		0.00		15,000,000.00
M-6	23,250,000.00		224,705.70		0.00		0.00		0.00		224,705.70		0.00		0.00		23,250,000.00
M-7	13,500,000.00		142,418.03		0.00		0.00		0.00		142,418.03		0.00		0.00		13,500,000.00
M-8	18,000,000.00		208,090.70		0.00		0.00		0.00		208,090.70		0.00		0.00		18,000,000.00
M-9	20,250,000.00		285,289.54		0.00		0.00		0.00		285,289.54		0.00		0.00		20,250,000.00
M-10	11,250,000.00		158,494.19		0.00		0.00		0.00		158,494.19		0.00		0.00		11,250,000.00
CE	15,000,529.77		14,575,580.65		0.00		0.00		523.47		14,576,104.12		0.00		0.00		15,000,006.30
P	100.00		792,900.45		0.00		0.00		0.00		792,900.45		0.00		0.00		100.00
R	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total	1,500,000,629.77		27,191,933.14		81,895,422.01		3,587,990.24		85,483,935.72		112,675,868.86		0.00		0.00		1,414,516,694.05



Page 4 of 31
Ameriquest Mortgage Securities, Inc. 2005-R1

Mortgage Pass-Through Certificates

2005-R1

May 25, 2005 Distribution

Interest Detail - REMIC II
	Pass		Prior Principal				Non-		Prior		Unscheduled				Paid or		Current


	Through		(with Notional)		Accrued		Supported		Unpaid		Interest		Optimal		Deferred		Unpaid

Class	Rate		Balance		Interest		Interest SF		Interest		Adjustment		Interest		Interest		Interest
					(1)		(2)		(3)		(4)		(5)=(1)-(2)+(3)+(4)		(6)		(7)=(5)-(6)
A-1A	3.32500%		276,959,383.53		767,408.29		0.00		0.00		0.00		767,408.29		767,408.29		0.00
A-1B	3.32000%		69,240,329.77		191,564.91		0.00		0.00		0.00		191,564.91		191,564.91		0.00
A-2A	3.27000%		314,571,087.36		857,206.21		0.00		0.00		0.00		857,206.21		857,206.21		0.00
A-2B	3.32000%		78,643,497.29		217,580.34		0.00		0.00		0.00		217,580.34		217,580.34		0.00
A-3A	3.12000%		166,367,412.69		432,555.27		0.00		0.00		0.00		432,555.27		432,555.27		0.00
A-3B	3.23000%		188,210,000.00		506,598.58		0.00		0.00		0.00		506,598.58		506,598.58		0.00
A-3C	3.37000%		35,575,000.00		99,906.46		0.00		0.00		0.00		99,906.46		99,906.46		0.00
A-3D	3.33000%		43,350,268.07		120,296.99		0.00		0.00		0.00		120,296.99		120,296.99		0.00
M-1	3.47000%		80,250,000.00		232,056.25		0.00		0.00		0.00		232,056.25		232,056.25		0.00
M-2	3.50000%		22,500,000.00		65,625.00		0.00		0.00		0.00		65,625.00		65,625.00		0.00
M-3	3.55000%		34,500,000.00		102,062.50		0.00		0.00		0.00		102,062.50		102,062.50		0.00
M-4	3.76000%		24,000,000.00		75,200.00		0.00		0.00		0.00		75,200.00		75,200.00		0.00
M-5	3.80000%		15,000,000.00		47,500.00		0.00		0.00		0.00		47,500.00		47,500.00		0.00
M-6	4.02000%		23,250,000.00		77,887.50		0.00		0.00		0.00		77,887.50		77,887.50		0.00
M-7	4.37000%		13,500,000.00		49,162.50		0.00		0.00		0.00		49,162.50		49,162.50		0.00
M-8	4.77000%		18,000,000.00		71,550.00		0.00		0.00		0.00		71,550.00		71,550.00		0.00
M-9	5.77000%		20,250,000.00		97,368.75		0.00		0.00		0.00		97,368.75		97,368.75		0.00
M-10	5.77000%		11,250,000.00		54,093.75		0.00		0.00		0.00		54,093.75		54,093.75		0.00
CE	364.94899%		15,000,006.30		0.00		0.00		0.00		0.00		0.00		4,561,864.34		0.00
P	0.00000%		100.00		0.00		0.00		0.00		0.00		0.00		347,701.52		0.00
R	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total			1,450,417,085.01		4,065,623.30		0.00		0.00		0.00		4,065,623.30		8,975,189.16		0.00



Page 5 of 31
Ameriquest Mortgage Securities, Inc. 2005-R1

Mortgage Pass-Through Certificates

2005-R1

May 25, 2005 Distribution
Collection Account Report
SUMMARY

								Group 3		Group 2		Group 1		Total
Principal Collections								15,163,626.99		11,550,411.90		9,186,352.07		35,900,390.96
Principal Withdrawals								0.00		0.00		0.00		0.00
Principal Other Accounts								0.00		0.00		0.00		0.00
TOTAL NET PRINCIPAL								15,163,626.99		11,550,411.90		9,186,352.07		35,900,390.96
Interest Collections								3,303,721.04		2,930,375.87		2,631,316.30		8,758,217.25
Interest Withdrawals								-0.00		-0.00		-0.00		-0.00
Interest Fees								-40,953.43		-47,026.19		-42,749.99		-130,729.61
Interest Other Accounts														347,701.52
TOTAL NET INTEREST								3,262,767.60		2,883,349.68		2,588,566.31		8,975,189.16
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION														44,875,580.12



PRINCIPAL - COLLECTIONS

									Group 3		Group 2		Group 1		Total
Scheduled Principal Received									425,990.12		403,461.94		349,937.59		1,179,389.65
Curtailments									31,056.69		38,059.17		31,220.69		100,336.55
Prepayments In Full									14,706,580.18		11,108,890.79		8,805,193.79		34,620,664.76
Repurchased/Substitutions									0.00		0.00		0.00		0.00
Liquidations									0.00		0.00		0.00		0.00
Insurance Principal									0.00		0.00		0.00		0.00
Other Additional Principal									0.00		0.00		0.00		0.00
Delinquent Principal									-349,553.75		-307,890.35		-261,306.41		-918,750.51
Realized Losses									-0.00		-0.00		-0.00		-0.00
Advanced Principal									349,553.75		307,890.35		261,306.41		918,750.51
TOTAL PRINCIPAL COLLECTED									15,163,626.99		11,550,411.90		9,186,352.07		35,900,390.96


PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK



PRINCIPAL - OTHER ACCOUNTS

								Group 3		Group 2		Group 1		Total
TOTAL PRINCIPAL OTHER ACCOUNTS								0.00		0.00		0.00		0.00





Page 6 of 31
Ameriquest Mortgage Securities, Inc. 2005-R1

Mortgage Pass-Through Certificates

2005-R1

May 25, 2005 Distribution

INTEREST - COLLECTIONS

								Group 3		Group 2		Group 1		Total
Scheduled Interest								3,380,166.15		3,086,455.90		2,767,148.78		9,233,770.83
Repurchased/Substitution Interest								0.00		0.00		0.00		0.00
Liquidation Interest								0.00		0.00		0.00		0.00
Insurance Interest								0.00		0.00		0.00		0.00
Other Additional Interest								0.00		0.00		0.00		0.00
Prepayment Interest Shortfalls								-23,087.14		-11,073.11		-12,651.82		-46,812.07
Delinquent Interest								-2,788,517.59		-2,397,354.66		-2,133,645.24		-7,319,517.49
Compensating Interest								23,087.14		11,073.11		12,651.83		46,812.08
Civil Relief Act Shortfalls								-0.00		-250.60		-0.00		-250.60
Interest Advanced								2,604,876.52		2,241,525.23		1,997,812.76		6,844,214.51
TOTAL INTEREST COLLECTED								3,303,721.04		2,930,375.87		2,631,316.30		8,758,217.25


INTEREST - WITHDRAWALS

								Group 3		Group 2		Group 1		Total
Non-Recoverable Advances								0.00		0.00		0.00		0.00
Reimbursements to Master Servicer								0.00		0.00		0.00		0.00
TOTAL INTEREST WITHDRAWALS								0.00		0.00		0.00		0.00



INTEREST - OTHER ACCOUNTS

								Group 3		Group 2		Group 1		Total
Prepayment Charges														347,701.52
Net WAC Investment Income														0.00
TOTAL INTEREST OTHER ACCOUNTS														347,701.52



INTEREST - FEES

								Group 3		Group 2		Group 1		Total
Current Servicing Fees								40,326.33		46,459.78		42,251.35		129,037.46
Trustee Fees								627.11		566.41		498.63		1,692.15
TOTAL INTEREST FEES								40,953.43		47,026.19		42,749.99		130,729.61




Page 7 of 31
Ameriquest Mortgage Securities, Inc. 2005-R1

Mortgage Pass-Through Certificates

2005-R1

May 25, 2005 Distribution
Credit Enhancement Report
ACCOUNTS

								Group 3		Group 2		Group 1		Total
Net WAC Reserve Account Balance														0.00



INSURANCE

SPACE INTENTIONALLY LEFT BLANK



STRUCTURAL FEATURES

								Group 3		Group 2		Group 1		Total
Overcollateralized Amount														15,000,006.30
Overcollateralization Reduction Amount														0.00
Overcollateralization Deficiency Amount														0.00
Overcollateralization Target Amount														15,000,006.30

Credit Enhancement Percentage														19.62%
Class A Certificate Defiency Amount														0.00




Page 8 of 31
Ameriquest Mortgage Securities, Inc. 2005-R1

Mortgage Pass-Through Certificates

2005-R1

May 25, 2005 Distribution
Collateral Report


COLLATERAL



									Group 3		Group 2		Group 1		Total



Loan Count:


Original								2,398		3,246		3,020		8,664
Prior								2,326		3,173		2,957		8,456
Prefunding								0		0		0		0
Scheduled Paid Offs								-0		-0		-0		-0
Full Voluntary Prepayments								-45		-63		-53		-161
Repurchases								-0		-0		-0		-0
Liquidations								-0		-0		-0		-0
Current								2,281		3,110		2,904		8,295
Principal Balance:


Original								562,269,353.48		498,806,657.59		438,924,618.70		1,500,000,629.77
Prior								537,521,763.69		485,494,112.33		427,401,208.99		1,450,417,085.01
Prefunding								0.00		0.00		0.00		0.00
Scheduled Principal								-425,990.12		-403,461.94		-349,937.59		-1,179,389.65
Partial Prepayments								-31,056.69		-38,059.17		-31,220.69		-100,336.55
Full Voluntary Prepayments								-14,706,580.18		-11,108,890.79		-8,805,193.79		-34,620,664.76
Repurchases								-0.00		-0.00		-0.00		-0.00
Liquidations								-0.00		-0.00		-0.00		-0.00
Current								522,358,136.70		473,943,700.43		418,214,856.92		1,414,516,694.05





PREFUNDING

SPACE INTENTIONALLY LEFT BLANK






Page 9 of 31
Ameriquest Mortgage Securities, Inc. 2005-R1

Mortgage Pass-Through Certificates

2005-R1

May 25, 2005 Distribution

CHARACTERISTICS

								Group 3		Group 2		Group 1		Total
Weighted Average Coupon Original								7.55063%		7.63864%		7.78519%		7.64853%
Weighted Average Coupon Prior								7.55107%		7.63739%		7.78024%		7.64706%
Weighted Average Coupon Current								7.54611%		7.62882%		7.76923%		7.63954%
Weighted Average Months to Maturity Original								354		350		350		352
Weighted Average Months to Maturity Prior								353		349		349		351
Weighted Average Months to Maturity Current								352		348		348		349
Weighted Avg Remaining Amortization Term Original								354		350		350		352
Weighted Avg Remaining Amortization Term Prior								353		349		349		351
Weighted Avg Remaining Amortization Term Current								352		348		348		349
Weighted Average Seasoning Original								2.66		2.54		2.33		2.52
Weighted Average Seasoning Prior								3.64		3.53		3.33		3.51
Weighted Average Seasoning Current								4.62		4.51		4.31		4.49









Page 10 of 31
Ameriquest Mortgage Securities, Inc. 2005-R1

Mortgage Pass-Through Certificates

2005-R1

May 25, 2005 Distribution

ARM CHARACTERISTICS

								Group 3		Group 2		Group 1		Total
Weighted Average Margin Original								5.72548%		5.85856%		5.91727%		5.82337%
Weighted Average Margin Prior								5.72932%		5.85956%		5.91738%		5.82556%
Weighted Average Margin Current								5.72652%		5.85972%		5.91502%		5.82430%
Weighted Average Max Rate Original								13.71673%		13.77674%		13.94787%		13.80189%
Weighted Average Max Rate Prior								13.71993%		13.77586%		13.94077%		13.80114%
Weighted Average Max Rate Current								13.71732%		13.76626%		13.93135%		13.79464%
Weighted Average Min Rate Original								7.71673%		7.77674%		7.94787%		7.80189%
Weighted Average Min Rate Prior								7.71993%		7.77586%		7.94077%		7.80114%
Weighted Average Min Rate Current								7.71732%		7.76626%		7.93135%		7.79464%
Weighted Average Cap Up Original								1.00000%		1.00000%		1.00000%		1.00000%
Weighted Average Cap Up Prior								1.00000%		1.00000%		1.00000%		1.00000%
Weighted Average Cap Up Current								1.00000%		1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Original								1.00000%		1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Prior								1.00000%		1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Current								1.00000%		1.00000%		1.00000%		1.00000%




SERVICING FEES & ADVANCES

									Group 3		Group 2		Group 1		Total




Current Servicing Fees								40,326.33		46,459.78		42,251.35		129,037.46
Delinquent Servicing Fees								183,641.08		155,829.43		135,832.48		475,302.99
TOTAL SERVICING FEES								223,967.41		202,289.22		178,083.84		604,340.47


Total Servicing Fees								223,967.41		202,289.22		178,083.84		604,340.47
Compensating Interest								-23,087.14		-11,073.11		-12,651.83		-46,812.08
Delinquent Servicing Fees								-183,641.08		-155,829.43		-135,832.48		-475,302.99
COLLECTED SERVICING FEES								40,326.33		46,459.78		42,251.35		82,225.40


Total Advanced Interest								2,604,876.52		2,241,525.23		1,997,812.76		6,844,214.51
Total Advanced Principal								349,553.75		307,890.35		261,306.41		918,750.51
Aggregate Advances with respect to this Distribution								2,954,430.27		2,549,415.58		2,259,119.17		7,762,965.02





ADDITIONAL COLLATERAL INFORMATION
								Group 3		Group 2		Group 1		Total
Prepayment Interest Shortfall (PPIS)								23,087.14		11,073.11		12,651.82		46,812.07
Compensating Interest								-23,087.14		-11,073.11		-12,651.83		-46,812.08
Net Prepayment Interest Shortfall (PPIS)								0.00		0.00		0.00		0.00


Ending Pool Stated Principal Balance								522,358,136.70		473,943,700.43		418,214,856.92		1,414,516,694.05
Weighted Average Net Mortgage Rate								7.044712%		7.127420%		7.267831%		7.138144%




Page 11 of 31
Ameriquest Mortgage Securities, Inc. 2005-R1

Mortgage Pass-Through Certificates

2005-R1

May 25, 2005 Distribution
Delinquency Report

	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				9,281,715.14		3,352,038.41		0.00		12,633,753.55
			% Balance				0.66%		0.24%		0.00%		0.89%
			# Loans				62		20		0		82
			% # Loans				0.75%		0.24%		0.00%		0.99%
	FORECLOSURE		Balance		0.00		0.00		2,154,891.22		0.00		2,154,891.22
			% Balance		0.00%		0.00%		0.15%		0.00%		0.15%
			# Loans		0		0		11		0		11
			% # Loans		0.00%		0.00%		0.13%		0.00%		0.13%
	BANKRUPTCY		Balance		1,647,061.46		355,892.24		0.00		0.00		2,002,953.70
			% Balance		0.12%		0.03%		0.00%		0.00%		0.14%
			# Loans		12		3		0		0		15
			% # Loans		0.14%		0.04%		0.00%		0.00%		0.18%
	REO		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		1,647,061.46		9,637,607.38		5,506,929.63		0.00		16,791,598.47
			% Balance		0.12%		0.68%		0.39%		0.00%		1.19%
			# Loans		12		65		31		0		108
			% # Loans		0.14%		0.78%		0.37%		0.00%		1.30%









Page 12 of 31
Ameriquest Mortgage Securities, Inc. 2005-R1

Mortgage Pass-Through Certificates

2005-R1

May 25, 2005 Distribution


	GROUP 1
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				2,452,379.24		233,243.00		0.00		2,685,622.24
			% Balance				0.59%		0.06%		0.00%		0.64%
			# Loans				21		2		0		23
			% # Loans				0.72%		0.07%		0.00%		0.79%
	FORECLOSURE		Balance		0.00		0.00		731,296.07		0.00		731,296.07
			% Balance		0.00%		0.00%		0.17%		0.00%		0.17%
			# Loans		0		0		5		0		5
			% # Loans		0.00%		0.00%		0.17%		0.00%		0.17%
	BANKRUPTCY		Balance		604,680.01		114,541.03		0.00		0.00		719,221.04
			% Balance		0.14%		0.03%		0.00%		0.00%		0.17%
			# Loans		6		1		0		0		7
			% # Loans		0.21%		0.03%		0.00%		0.00%		0.24%
	REO		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		604,680.01		2,566,920.27		964,539.07		0.00		4,136,139.35
			% Balance		0.14%		0.61%		0.23%		0.00%		0.99%
			# Loans		6		22		7		0		35
			% # Loans		0.21%		0.76%		0.24%		0.00%		1.21%










Page 13 of 31
Ameriquest Mortgage Securities, Inc. 2005-R1

Mortgage Pass-Through Certificates

2005-R1

May 25, 2005 Distribution

	GROUP 2
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				3,670,669.42		1,638,322.65		0.00		5,308,992.07
			% Balance				0.77%		0.35%		0.00%		1.12%
			# Loans				26		10		0		36
			% # Loans				0.84%		0.32%		0.00%		1.16%
	FORECLOSURE		Balance		0.00		0.00		375,462.11		0.00		375,462.11
			% Balance		0.00%		0.00%		0.08%		0.00%		0.08%
			# Loans		0		0		4		0		4
			% # Loans		0.00%		0.00%		0.13%		0.00%		0.13%
	BANKRUPTCY		Balance		0.00		241,351.21		0.00		0.00		241,351.21
			% Balance		0.00%		0.05%		0.00%		0.00%		0.05%
			# Loans		0		2		0		0		2
			% # Loans		0.00%		0.06%		0.00%		0.00%		0.06%
	REO		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		0.00		3,912,020.63		2,013,784.76		0.00		5,925,805.39
			% Balance		0.00%		0.83%		0.42%		0.00%		1.25%
			# Loans		0		28		14		0		42
			% # Loans		0.00%		0.90%		0.45%		0.00%		1.35%










Page 14 of 31
Ameriquest Mortgage Securities, Inc. 2005-R1

Mortgage Pass-Through Certificates

2005-R1

May 25, 2005 Distribution

	GROUP 3
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				3,158,666.48		1,480,472.76		0.00		4,639,139.24
			% Balance				0.60%		0.28%		0.00%		0.89%
			# Loans				15		8		0		23
			% # Loans				0.66%		0.35%		0.00%		1.01%
	FORECLOSURE		Balance		0.00		0.00		1,048,133.04		0.00		1,048,133.04
			% Balance		0.00%		0.00%		0.20%		0.00%		0.20%
			# Loans		0		0		2		0		2
			% # Loans		0.00%		0.00%		0.09%		0.00%		0.09%
	BANKRUPTCY		Balance		1,042,381.45		0.00		0.00		0.00		1,042,381.45
			% Balance		0.20%		0.00%		0.00%		0.00%		0.20%
			# Loans		6		0		0		0		6
			% # Loans		0.26%		0.00%		0.00%		0.00%		0.26%
	REO		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		1,042,381.45		3,158,666.48		2,528,605.80		0.00		6,729,653.73
			% Balance		0.20%		0.60%		0.48%		0.00%		1.29%
			# Loans		6		15		10		0		31
			% # Loans		0.26%		0.66%		0.44%		0.00%		1.36%









Page 15 of 31
Ameriquest Mortgage Securities, Inc. 2005-R1

Mortgage Pass-Through Certificates

2005-R1

May 25, 2005 Distribution
REO Report
Loan Number			Original		Stated				Current		State &

														First
&			Principal		Principal		Paid to		Note		LTV at		Original		Payment

Loan Group			Balance		Balance		Date		Rate		Origination		Term		Date




TOTAL



Page 16 of 31
Ameriquest Mortgage Securities, Inc. 2005-R1

Mortgage Pass-Through Certificates

2005-R1

May 25, 2005 Distribution
Foreclosure Report
Loan Number			Original		Stated				Current		State &

														First
&			Principal		Principal		Paid to		Note		LTV at		Original		Payment

Loan Group			Balance		Balance		Date		Rate		Origination		Term		Date
99560922 1
			80,000.00		79,785.28		01-Jan-2005		8.050%		TX - 80.00%		360		01-Feb-2005

102681285 1			140,000.00		139,697.01		01-Jan-2005		9.100%		TX - 80.00%		360		01-Feb-2005
102714722 1			87,750.00		87,582.47		01-Jan-2005		9.700%		GA - 75.00%		360		01-Feb-2005
102716206 1			117,300.00		117,089.35		01-Jan-2005		9.990%		TX - 85.00%		360		01-Feb-2005
104305388 1			307,500.00		307,141.96		01-Jan-2005		11.990%		NC - 82.00%		360		01-Feb-2005
101590867 2			103,700.00		103,579.24		01-Jan-2005		11.990%		IN - 85.00%		360		01-Feb-2005
101650026 2			79,200.00		79,023.15		01-Jan-2005		8.950%		MI - 90.00%		360		01-Feb-2005
102064920 2			127,500.00		127,298.99		01-Jan-2005		10.600%		GA - 85.00%		360		01-Feb-2005
104586987 2			65,700.00		65,560.73		01-Jan-2005		9.200%		GA - 90.00%		360		01-Feb-2005
103084067 3			480,000.00		479,112.19		01-Jan-2005		9.850%		GA - 75.00%		360		01-Feb-2005
104194162 3			573,750.00		569,020.85		01-Jan-2005		11.850%		GA - 75.00%		180		01-Feb-2005


TOTAL			2,162,400.00		2,154,891.22



Page 17 of 31
Ameriquest Mortgage Securities, Inc. 2005-R1

Mortgage Pass-Through Certificates

2005-R1

May 25, 2005 Distribution
Prepayment Report

VOLUNTARY PREPAYMENTS


									Group 3		Group 2		Group 1		Total




Current


Number of Paid in Full Loans								45		63		53		161
Number of Repurchased Loans								0		0		0		0
Total Number of Loans Prepaid in Full								45		63		53		161
Curtailments Amount								31,056.69		38,059.17		31,220.69		100,336.55
Paid in Full Balance								14,706,580.18		11,108,890.79		8,805,193.79		34,620,664.76
Repurchased Loans Balance								0.00		0.00		0.00		0.00
Total Prepayment Amount								14,737,636.87		11,146,949.96		8,836,414.48		34,721,001.31

Cumulative


Number of Paid in Full Loans								104		127		105		336
Number of Repurchased Loans								13		9		11		33
Total Number of Loans Prepaid in Full								117		136		116		369
Paid in Full Balance								35,182,361.62		22,281,943.89		17,903,324.69		75,367,630.20
Repurchased Loans Balance								3,332,432.98		1,204,676.89		1,606,872.14		6,143,982.01
Curtailments Amount								93,566.33		151,532.70		139,234.24		384,333.27
Total Prepayment Amount								38,608,360.93		23,638,153.48		19,649,431.07		81,895,945.48










Page 18 of 31
Ameriquest Mortgage Securities, Inc. 2005-R1

Mortgage Pass-Through Certificates

2005-R1

May 25, 2005 Distribution

VOLUNTARY PREPAYMENTS RATES


									Group 3		Group 2		Group 1		Total



SMM								2.74%		2.30%		2.07%		2.40%
3 Months Avg SMM								2.35%		1.61%		1.52%		1.86%
12 Months Avg SMM								2.35%		1.61%		1.52%		1.86%
Avg SMM Since Cut-off								2.35%		1.61%		1.52%		1.86%


CPR								28.39%		24.34%		22.19%		25.25%
3 Months Avg CPR								24.80%		17.68%		16.77%		20.15%
12 Months Avg CPR								24.80%		17.68%		16.77%		20.15%
Avg CPR Since Cut-off								24.80%		17.68%		16.77%		20.15%


PSA								3,069.07%		2,696.58%		2,573.50%		2,808.60%
3 Months Avg PSA Approximation								3,405.38%		2,505.77%		2,523.83%		2,870.41%
12 Months Avg PSA Approximation								3,405.38%		2,505.77%		2,523.83%		2,870.41%
Avg PSA Since Cut-off Approximation								3,405.38%		2,505.77%		2,523.83%		2,870.40%










Page 19 of 31
Ameriquest Mortgage Securities, Inc. 2005-R1

Mortgage Pass-Through Certificates

2005-R1

May 25, 2005 Distribution






PREPAYMENT CALCULATION METHODOLOGY

Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases + Liquidations )/(Beg Principal Balance - Sched Principal) Conditional Prepayment Rate (CPR): 1-((1-SMM)^12) PSA Standard Prepayment Model: CPR/(0.002min(30,WAS)) Average SMM over period between nth month and mth month (AvgSMMn,m): [(1-SMMn)(1-SMMn+1)...(1-SMMm)]^(1/months in period n,m) Conditional Prepayment Rate (CPR): 1-((1-SMM)^12) Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.002*Avg WASn,m)) Average WASn,m: (min(30,WASn)+min(30,WASn+1)+...+min(30,WASm)/(number of months in the period n,m) Weighted Average Seasoning (WAS) Dates correspond to distribution dates. Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments, liquidations, and repurchases.













Page 20 of 31
Ameriquest Mortgage Securities, Inc. 2005-R1

Mortgage Pass-Through Certificates

2005-R1

May 25, 2005 Distribution
Prepayment Detail Report
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First


&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

87064127 3			463,500.00		460,658.92			11-Apr-2005		6.750%		CA - 90.00%		Paid Off - 360		01-Oct-2004


87709325 3			414,000.00		411,337.14			13-Apr-2005		6.500%		CA - 90.00%		Paid Off - 360		01-Oct-2004

88766902 3			288,000.00		286,577.94			02-May-2005		7.900%		CA - 90.00%		Paid Off - 360		01-Oct-2004

88791942 1			127,648.00		125,576.55			25-Apr-2005		8.950%		CA - 36.47%		Paid Off - 180		01-Nov-2004

88893268 2			238,000.00		236,483.81			03-May-2005		6.550%		NV - 85.00%		Paid Off - 360		01-Oct-2004

88919824 2			285,000.00		282,964.80			22-Apr-2005		5.950%		HI - 83.26%		Paid Off - 360		01-Oct-2004

89086847 3			306,600.00		305,565.46			28-Apr-2005		8.950%		CA - 84.00%		Paid Off - 360		01-Nov-2004

89902282 2			182,195.00		181,056.37			25-Apr-2005		6.650%		CA - 42.87%		Paid Off - 360		01-Oct-2004

90054586 1			180,000.00		177,787.70			29-Apr-2005		7.950%		WI - 78.95%		Paid Off - 360		01-Oct-2004

90369364 1			130,000.00		129,171.83			14-Apr-2005		6.550%		FL - 78.38%		Paid Off - 360		01-Oct-2004

90476409 3			162,900.00		161,255.62			04-May-2005		8.200%		MD - 89.64%		Paid Off - 360		01-Oct-2004

90697186 3			332,000.00		330,456.30			18-Apr-2005		8.150%		WI - 89.73%		Paid Off - 360		01-Oct-2004

91049049 2			314,000.00		312,018.82			03-May-2005		6.600%		MD - 89.71%		Paid Off - 360		01-Oct-2004

91080721 2			375,000.00		373,640.55			09-May-2005		8.600%		NY - 74.26%		Paid Off - 360		01-Nov-2004

91272005 2			68,250.00		68,126.97			02-May-2005		11.900%		NY - 65.00%		Paid Off - 360		01-Nov-2004

91315465 2			152,150.00		151,368.38			14-Apr-2005		6.900%		OR - 85.00%		Paid Off - 360		01-Nov-2004

91538603 3			114,000.00		113,489.40			27-Apr-2005		7.550%		ME - 87.69%		Paid Off - 360		01-Nov-2004

91576389 3			321,300.00		320,073.26			19-Apr-2005		8.990%		CO - 85.00%		Paid Off - 360		01-Nov-2004

91639187 2			337,500.00		336,263.93			25-Apr-2005		8.550%		CA - 75.00%		Paid Off - 360		01-Nov-2004

91662064 1			213,000.00		212,287.18			26-Apr-2005		8.990%		NY - 59.17%		Paid Off - 360		01-Nov-2004

91904086 2			239,000.00		237,710.98			30-Apr-2005		6.600%		MA - 77.10%		Paid Off - 360		01-Nov-2004

92162643 3			448,000.00		445,416.04			10-May-2005		6.250%		CA - 86.15%		Paid Off - 360		01-Nov-2004

92191360 2			97,500.00		97,187.59			27-Apr-2005		9.200%		MD - 75.00%		Paid Off - 360		01-Nov-2004

92378488 3			207,000.00		206,307.32			06-May-2005		8.990%		MD - 90.00%		Paid Off - 360		01-Nov-2004

92565860 1			352,000.00		350,237.88			05-May-2005		6.990%		NJ - 80.00%		Paid Off - 360		01-Nov-2004

92722263 1			314,695.00		313,697.07			12-Apr-2005		9.250%		CA - 72.85%		Paid Off - 360		01-Nov-2004

92781681 3			95,200.00		94,999.09			15-Apr-2005		10.300%		PA - 85.00%		Paid Off - 360		01-Dec-2004

92860006 3			355,500.00		353,892.07			18-Apr-2005		7.500%		UT - 90.00%		Paid Off - 360		01-Nov-2004

92907963 2			108,000.00		107,511.46			28-Apr-2005		7.500%		GA - 90.00%		Paid Off - 360		01-Nov-2004

93044469 1			73,500.00		73,311.04			27-Apr-2005		10.250%		GA - 70.00%		Paid Off - 360		01-Nov-2004

93112928 1			142,500.00		141,972.72			03-May-2005		8.500%		FL - 75.00%		Paid Off - 360		01-Nov-2004

93140945 1			60,000.00		59,588.10			02-May-2005		7.990%		IL - 69.77%		Paid Off - 360		01-Dec-2004

93218709 2			148,500.00		147,773.26			19-Apr-2005		7.100%		FL - 90.00%		Paid Off - 360		01-Nov-2004

93281160 3			379,000.00		377,822.82			13-Apr-2005		9.350%		NY - 86.73%		Paid Off - 360		01-Nov-2004

93657500 2			104,000.00		103,712.10			04-May-2005		9.950%		WI - 80.00%		Paid Off - 360		01-Nov-2004

93660322 3			373,000.00		370,848.62			27-Apr-2005		6.250%		MN - 83.82%		Paid Off - 360		01-Nov-2004

93832061 2			324,000.00		322,201.43			22-Apr-2005		6.450%		FL - 90.00%		Paid Off - 360		01-Nov-2004




Page 21 of 31
Ameriquest Mortgage Securities, Inc. 2005-R1

Mortgage Pass-Through Certificates

2005-R1

May 25, 2005 Distribution

Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First


&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

93941227 2			162,000.00		161,366.69			21-Apr-2005		7.300%		FL - 90.00%		Paid Off - 360		01-Dec-2004


94064045 1			66,400.00		66,261.13			09-May-2005		10.350%		OH - 80.00%		Paid Off - 360		01-Dec-2004

94107208 1			206,000.00		205,591.60			30-Apr-2005		10.600%		IL - 74.91%		Paid Off - 360		01-Dec-2004

94782729 3			277,950.00		277,283.97			13-Apr-2005		9.700%		MI - 85.00%		Paid Off - 360		01-Dec-2004

94857646 2			118,750.00		118,256.63			13-Apr-2005		6.990%		CA - 79.99%		Paid Off - 360		01-Dec-2004

94964889 1			232,500.00		232,196.23			06-May-2005		12.500%		MN - 75.00%		Paid Off - 360		01-Dec-2004

94986569 3			429,000.00		426,835.64			20-Apr-2005		5.990%		NY - 78.00%		Paid Off - 360		01-Dec-2004

95066205 3			420,000.00		418,586.31			11-Apr-2005		8.050%		CA - 75.00%		Paid Off - 360		01-Dec-2004

95095766 1			211,500.00		210,476.32			09-May-2005		6.200%		PA - 74.60%		Paid Off - 360		01-Dec-2004

95119467 3			383,700.00		381,963.56			30-Apr-2005		6.550%		CA - 73.45%		Paid Off - 360		01-Dec-2004

95329108 2			72,000.00		71,825.62			30-Apr-2005		9.650%		MD - 55.39%		Paid Off - 360		01-Dec-2004

95359261 1			249,999.00		248,827.43			14-Apr-2005		6.400%		CA - 63.39%		Paid Off - 360		01-Dec-2004

95375887 1			402,500.00		401,686.11			21-Apr-2005		10.500%		NY - 70.00%		Paid Off - 360		01-Dec-2004

95390662 3			172,461.00		171,980.71			30-Apr-2005		8.990%		WI - 82.12%		Paid Off - 360		01-Dec-2004

95459384 2			272,000.00		270,861.05			10-May-2005		6.950%		FL - 75.56%		Paid Off - 360		01-Dec-2004

95513263 1			157,230.00		156,694.32			04-May-2005		7.990%		IL - 90.00%		Paid Off - 360		01-Dec-2004

95530028 2			246,000.00		244,939.35			13-Apr-2005		6.800%		MD - 84.45%		Paid Off - 360		01-Dec-2004

95554341 3			198,000.00		197,553.73			10-May-2005		9.990%		WI - 90.00%		Paid Off - 360		01-Dec-2004

96050968 2			171,000.00		170,485.22			06-May-2005		8.600%		NH - 79.54%		Paid Off - 360		01-Dec-2004

96086426 2			306,000.00		305,010.73			06-May-2005		8.250%		CA - 60.00%		Paid Off - 360		01-Dec-2004

96343900 1			141,000.00		140,443.34			02-May-2005		7.250%		NY - 58.75%		Paid Off - 360		01-Dec-2004

96607080 2			200,500.00		199,949.83			26-Apr-2005		9.050%		NY - 43.59%		Paid Off - 360		01-Dec-2004

96716600 1			137,250.00		136,868.68			03-May-2005		8.990%		MD - 75.00%		Paid Off - 360		01-Dec-2004

97362081 2			192,000.00		191,278.53			30-Apr-2005		7.500%		MA - 74.69%		Paid Off - 360		01-Dec-2004

97487169 3			217,838.00		217,019.48			27-Apr-2005		7.500%		CA - 85.00%		Paid Off - 360		01-Dec-2004

97628861 2			126,400.00		126,115.09			29-Apr-2005		9.990%		IL - 80.00%		Paid Off - 360		01-Dec-2004

97638589 3			89,050.00		88,902.66			22-Apr-2005		8.990%		VT - 65.00%		Paid Off - 360		01-Feb-2005

97876825 1			63,750.00		63,678.88			28-Apr-2005		10.850%		PA - 74.13%		Paid Off - 360		01-Feb-2005

97921423 3			487,000.00		486,450.98			04-May-2005		10.800%		CO - 41.27%		Paid Off - 360		01-Feb-2005

97968580 3			67,000.00		66,892.07			25-Apr-2005		10.500%		NC - 78.82%		Paid Off - 360		01-Jan-2005

98208184 2			135,000.00		134,540.03			27-Apr-2005		7.990%		PA - 75.00%		Paid Off - 360		01-Dec-2004

98833742 3			193,500.00		193,045.11			02-May-2005		8.700%		NJ - 90.00%		Paid Off - 360		01-Jan-2005

99165300 3			324,000.00		323,206.41			20-Apr-2005		7.050%		NY - 90.00%		Paid Off - 360		01-Feb-2005

99340507 1			85,397.00		84,873.21			29-Apr-2005		8.900%		FL - 68.32%		Paid Off - 240		01-Jan-2005

99417347 1			87,000.00		86,819.35			06-May-2005		9.300%		GA - 74.36%		Paid Off - 360		01-Jan-2005

99941668 1			105,000.00		104,767.50			09-May-2005		8.990%		IL - 61.77%		Paid Off - 360		01-Jan-2005

99959322 3			390,000.00		388,905.32			20-Apr-2005		6.350%		FL - 47.45%		Paid Off - 360		01-Feb-2005

100384585 1			68,000.00		67,877.89			06-May-2005		9.990%		OH - 80.00%		Paid Off - 360		01-Jan-2005




Page 22 of 31
Ameriquest Mortgage Securities, Inc. 2005-R1

Mortgage Pass-Through Certificates

2005-R1

May 25, 2005 Distribution

Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First


&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

100404128 3			585,500.00		584,471.49			06-May-2005		8.700%		CA - 78.59%		Paid Off - 360		01-Feb-2005


100500545 3			106,250.00		106,142.53			26-Apr-2005		11.300%		IL - 85.00%		Paid Off - 360		01-Feb-2005

100715309 3			478,000.00		476,941.61			15-Apr-2005		8.990%		CA - 89.98%		Paid Off - 360		01-Jan-2005

100732924 2			210,000.00		209,387.48			12-Apr-2005		6.150%		CA - 73.68%		Paid Off - 360		01-Feb-2005

100740547 3			261,000.00		260,145.13			03-May-2005		7.050%		MD - 88.32%		Paid Off - 360		01-Jan-2005

100842467 2			75,700.00		75,370.18			29-Apr-2005		9.300%		TX - 75.70%		Paid Off - 240		01-Feb-2005

100842624 3			375,000.00		373,976.79			20-Apr-2005		8.750%		OH - 70.09%		Paid Off - 360		01-Jan-2005

101051621 2			73,000.00		72,763.22			13-Apr-2005		7.100%		OH - 66.36%		Paid Off - 360		01-Jan-2005

101291664 3			520,000.00		516,709.73			15-Apr-2005		6.050%		MA - 59.77%		Paid Off - 360		01-Feb-2005

101352128 2			105,400.00		105,205.38			25-Apr-2005		8.500%		WI - 85.00%		Paid Off - 360		01-Feb-2005

101364784 2			170,550.00		170,115.55			03-May-2005		6.850%		WI - 90.00%		Paid Off - 360		01-Feb-2005

101385466 1			261,000.00		260,541.50			11-Apr-2005		8.700%		CA - 40.15%		Paid Off - 360		01-Feb-2005

101430742 1			138,000.00		137,696.91			21-Apr-2005		7.600%		ME - 85.19%		Paid Off - 360		01-Feb-2005

101458289 2			223,000.00		222,743.11			27-Apr-2005		10.700%		IL - 84.47%		Paid Off - 360		01-Feb-2005

101469922 2			110,500.00		109,800.89			28-Apr-2005		11.550%		WI - 85.00%		Paid Off - 180		01-Feb-2005

101540946 3			392,000.00		390,991.65			27-Apr-2005		6.800%		MA - 80.00%		Paid Off - 360		01-Feb-2005

101740389 2			355,500.00		354,954.35			04-May-2005		9.350%		IL - 90.00%		Paid Off - 360		01-Feb-2005

101755981 2			112,500.00		112,369.73			30-Apr-2005		11.350%		WI - 75.00%		Paid Off - 360		01-Feb-2005

101780609 2			188,700.00		188,329.05			25-Apr-2005		8.150%		IL - 85.00%		Paid Off - 360		01-Feb-2005

101809945 2			301,500.00		300,411.43			15-Apr-2005		6.550%		CA - 90.00%		Paid Off - 360		01-Jan-2005

101825826 2			297,000.00		296,580.92			27-Apr-2005		9.750%		NY - 84.86%		Paid Off - 360		01-Feb-2005

101838621 1			296,918.00		296,182.15			04-May-2005		6.990%		MD - 89.98%		Paid Off - 360		01-Feb-2005

101890960 2			81,000.00		80,860.59			28-Apr-2005		8.800%		IL - 79.41%		Paid Off - 360		01-Feb-2005

101946341 1			150,300.00		149,994.79			11-Apr-2005		7.990%		CA - 90.00%		Paid Off - 360		01-Feb-2005

101965747 1			104,000.00		103,853.23			19-Apr-2005		9.750%		GA - 86.67%		Paid Off - 360		01-Feb-2005

101970341 3			130,645.00		130,480.96			30-Apr-2005		10.300%		MO - 85.00%		Paid Off - 360		01-Feb-2005

102080843 2			77,200.00		77,043.24			06-May-2005		7.990%		FL - 85.78%		Paid Off - 360		01-Feb-2005

102111200 2			233,000.00		232,687.51			29-Apr-2005		9.990%		MD - 84.73%		Paid Off - 360		01-Feb-2005

102122900 3			380,000.00		379,304.46			18-Apr-2005		8.500%		NJ - 80.00%		Paid Off - 360		01-Feb-2005

102131828 2			87,827.00		87,680.48			26-Apr-2005		8.950%		FL - 79.12%		Paid Off - 360		01-Feb-2005

102138187 2			96,750.00		96,572.90			05-May-2005		8.500%		NY - 84.13%		Paid Off - 360		01-Feb-2005

102142288 1			166,500.00		166,087.33			06-May-2005		6.990%		MO - 90.00%		Paid Off - 360		01-Feb-2005

102159860 1			100,580.00		100,450.99			28-Apr-2005		10.200%		AZ - 74.50%		Paid Off - 360		01-Feb-2005

102179280 1			155,000.00		154,666.34			26-Apr-2005		7.700%		GA - 87.08%		Paid Off - 360		01-Feb-2005

102315124 3			369,750.00		368,770.67			04-May-2005		6.650%		MA - 87.00%		Paid Off - 360		01-Feb-2005

102445905 2			200,000.00		199,652.24			03-May-2005		8.750%		NJ - 58.82%		Paid Off - 360		01-Feb-2005

102508389 2			70,000.00		69,914.88			06-May-2005		10.450%		IL - 40.00%		Paid Off - 360		01-Feb-2005

102516440 1			140,000.00		139,610.81			25-Apr-2005		6.400%		FL - 80.00%		Paid Off - 360		01-Feb-2005




Page 23 of 31
Ameriquest Mortgage Securities, Inc. 2005-R1

Mortgage Pass-Through Certificates

2005-R1

May 25, 2005 Distribution

Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First


&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

102544749 1			285,000.00		284,142.95			09-May-2005		5.990%		HI - 66.43%		Paid Off - 360		01-Feb-2005


102608544 3			376,500.00		375,566.90			15-Apr-2005		6.990%		CA - 84.99%		Paid Off - 360		01-Feb-2005

102625662 2			207,150.00		206,841.90			04-May-2005		9.500%		NJ - 82.20%		Paid Off - 360		01-Feb-2005

102654746 2			307,597.00		307,139.48			03-May-2005		9.500%		MA - 83.57%		Paid Off - 360		01-Feb-2005

102763448 3			464,000.00		462,794.74			03-May-2005		6.750%		CA - 85.14%		Paid Off - 360		01-Feb-2005

102784626 1			198,000.00		197,460.09			14-Apr-2005		6.500%		FL - 83.90%		Paid Off - 360		01-Feb-2005

102835303 3			599,999.00		598,987.65			28-Apr-2005		8.900%		CA - 85.71%		Paid Off - 360		01-Feb-2005

102863628 2			269,700.00		269,152.35			20-Apr-2005		7.990%		NY - 88.43%		Paid Off - 360		01-Feb-2005

102897881 1			218,000.00		217,632.52			04-May-2005		8.900%		MD - 83.85%		Paid Off - 360		01-Feb-2005

102899564 1			133,500.00		133,179.40			14-Apr-2005		7.150%		ME - 82.41%		Paid Off - 360		01-Feb-2005

103019105 1			148,465.00		148,095.14			10-May-2005		6.990%		WI - 89.98%		Paid Off - 360		01-Feb-2005

103021325 2			177,500.00		177,194.56			02-May-2005		8.800%		MD - 57.82%		Paid Off - 360		01-Feb-2005

103045225 2			185,000.00		184,747.09			15-Apr-2005		9.900%		MD - 74.00%		Paid Off - 360		01-Feb-2005

103059929 3			432,320.00		431,604.74			26-Apr-2005		8.990%		MD - 80.00%		Paid Off - 360		01-Feb-2005

103078267 2			112,000.00		111,709.08			09-May-2005		6.750%		FL - 80.58%		Paid Off - 360		01-Feb-2005

103184446 1			61,144.00		61,054.95			21-Apr-2005		9.600%		NJ - 38.58%		Paid Off - 360		01-Feb-2005

103333647 1			153,000.00		152,779.50			15-Apr-2005		9.650%		FL - 59.88%		Paid Off - 360		01-Feb-2005

103346581 3			499,000.00		497,848.17			10-May-2005		7.350%		FL - 77.97%		Paid Off - 360		01-Feb-2005

103457503 1			145,800.00		145,232.75			10-May-2005		7.250%		WI - 90.00%		Paid Off - 360		01-Feb-2005

103484606 1			290,700.00		290,209.98			18-Apr-2005		8.900%		MD - 85.00%		Paid Off - 360		01-Feb-2005

103489563 2			138,700.00		138,332.63			15-Apr-2005		6.650%		IN - 95.00%		Paid Off - 360		01-Feb-2005

103633608 2			78,000.00		77,841.40			03-May-2005		7.990%		WI - 86.67%		Paid Off - 360		01-Feb-2005

103646329 1			60,000.00		59,140.19			10-May-2005		9.500%		IL - 20.00%		Paid Off - 180		01-Feb-2005

103731626 2			125,500.00		125,315.26			02-May-2005		9.550%		NY - 79.43%		Paid Off - 360		01-Feb-2005

103797080 2			145,000.00		144,570.15			15-Apr-2005		6.600%		FL - 75.88%		Paid Off - 360		01-Feb-2005

103822243 2			131,000.00		130,765.09			09-May-2005		8.600%		MD - 59.55%		Paid Off - 360		01-Feb-2005

103909842 1			93,142.00		93,017.09			02-May-2005		9.990%		GA - 74.51%		Paid Off - 360		01-Feb-2005

104047626 1			94,000.00		93,891.70			20-Apr-2005		10.700%		GA - 69.63%		Paid Off - 360		01-Feb-2005

104068705 1			210,000.00		209,623.43			15-Apr-2005		8.600%		MD - 75.00%		Paid Off - 360		01-Feb-2005

104074323 1			272,000.00		271,325.89			10-May-2005		6.990%		CA - 69.21%		Paid Off - 360		01-Feb-2005

104093703 1			88,000.00		87,608.54			03-May-2005		7.750%		MI - 66.22%		Paid Off - 360		01-Feb-2005

104274147 2			120,000.00		119,863.25			22-Apr-2005		10.750%		FL - 75.00%		Paid Off - 360		01-Feb-2005

104291687 1			60,000.00		59,847.15			22-Apr-2005		6.850%		KY - 72.80%		Paid Off - 360		01-Feb-2005

104319645 2			123,000.00		122,835.03			13-Apr-2005		9.990%		FL - 61.50%		Paid Off - 360		01-Feb-2005

104437660 2			220,000.00		219,466.42			10-May-2005		7.100%		FL - 80.00%		Paid Off - 360		01-Feb-2005

104614946 1			189,000.00		188,589.05			27-Apr-2005		7.650%		NC - 80.77%		Paid Off - 360		01-Feb-2005

104616404 2			70,000.00		69,849.05			27-Apr-2005		7.700%		WI - 56.22%		Paid Off - 360		01-Feb-2005

104696000 1			213,500.00		213,128.79			19-Apr-2005		8.750%		FL - 88.22%		Paid Off - 360		01-Feb-2005




Page 24 of 31
Ameriquest Mortgage Securities, Inc. 2005-R1

Mortgage Pass-Through Certificates

2005-R1

May 25, 2005 Distribution

Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First


&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

104717327 1			246,000.00		245,348.43			10-May-2005		6.650%		MD - 86.32%		Paid Off - 360		01-Feb-2005


104737507 1			122,000.00		121,862.45			18-Apr-2005		10.800%		WI - 84.72%		Paid Off - 360		01-Feb-2005

104992243 3			335,000.00		334,491.14			10-May-2005		7.400%		NY - 83.23%		Paid Off - 360		01-Mar-2005

105470066 2			236,250.00		236,112.62			03-May-2005		11.950%		CA - 75.00%		Paid Off - 360		01-Mar-2005

105575567 1			232,500.00		232,247.69			21-Apr-2005		9.050%		MD - 75.00%		Paid Off - 360		01-Mar-2005

105659445 3			120,700.00		120,592.53			04-May-2005		9.990%		AL - 85.00%		Paid Off - 360		01-Mar-2005

106283385 2			123,250.00		123,114.55			14-Apr-2005		8.990%		FL - 85.00%		Paid Off - 360		01-Mar-2005

106818842 2			162,000.00		161,770.58			04-May-2005		7.750%		NH - 90.00%		Paid Off - 360		01-Mar-2005

107237901 2			167,414.00		167,177.95			02-May-2005		9.400%		MD - 83.71%		Paid Off - 360		01-Mar-2005

107596249 3			420,000.00		419,433.34			12-Apr-2005		7.990%		CA - 73.68%		Paid Off - 360		01-Mar-2005



TOTAL			#######		34,620,664.76



Page 25 of 31
Ameriquest Mortgage Securities, Inc. 2005-R1

Mortgage Pass-Through Certificates

2005-R1

May 25, 2005 Distribution
Realized Loss Report

COLLATERAL REALIZED LOSSES



									Group 3		Group 2		Group 1		Total


Current




Number of Loans Liquidated								0		0		0		0
Collateral Principal Realized Loss/(Gain) Amount								0.00		0.00		0.00		0.00
Collateral Interest Realized Loss/(Gain) Amount								0.00		0.00		0.00		0.00
Net Liquidation Proceeds								0.00		0.00		0.00		0.00

Cumulative




Number of Loans Liquidated								0		0		0		0
Collateral Realized Loss/(Gain) Amount								0.00		0.00		0.00		0.00
Net Liquidation Proceeds								0.00		0.00		0.00		0.00










Page 26 of 31
Ameriquest Mortgage Securities, Inc. 2005-R1

Mortgage Pass-Through Certificates

2005-R1

May 25, 2005 Distribution


DEFAULT SPEEDS



									Group 3		Group 2		Group 1		Total



MDR								0.00%		0.00%		0.00%		0.00%
3 Months Avg MDR								0.00%		0.00%		0.00%		0.00%
12 Months Avg MDR								0.00%		0.00%		0.00%		0.00%
Avg MDR Since Cut-off								0.00%		0.00%		0.00%		0.00%


CDR								0.00%		0.00%		0.00%		0.00%
3 Months Avg CDR								0.00%		0.00%		0.00%		0.00%
12 Months Avg CDR								0.00%		0.00%		0.00%		0.00%
Avg CDR Since Cut-off								0.00%		0.00%		0.00%		0.00%


SDA								0.00%		0.00%		0.00%		0.00%
3 Months Avg SDA Approximation								0.00%		0.00%		0.00%		0.00%
12 Months Avg SDA Approximation								0.00%		0.00%		0.00%		0.00%
Avg SDA Since Cut-off Approximation								0.00%		0.00%		0.00%		0.00%


Loss Severity Approximation for Current Period								0.00%		0.00%		0.00%		0.00%
3 Months Avg Loss Severity Approximation								0.00%		0.00%		0.00%		0.00%
12 Months Avg Loss Severity Approximation								0.00%		0.00%		0.00%		0.00%
Avg Loss Severity Approximation Since Cut-off								0.00%		0.00%		0.00%		0.00%












Page 27 of 31
Ameriquest Mortgage Securities, Inc. 2005-R1

Mortgage Pass-Through Certificates

2005-R1

May 25, 2005 Distribution





COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY
	Monthly Default Rate (MDR): (Beg Principal Balance of Liquidated Loans)/(Total Beg Principal Balance)



	Conditional Default Rate (CDR): 1-((1-MDR)^12)

	SDA Standard Default Assumption: CDR/IF(WAS<61,MIN(30,WAS)0.02,MAX(0.03,MIN(30,WAS)0.02-0.0095*(WAS-60)))

	Average MDR over period between nth month and mth month (AvgMDRn,m): [(1-MDRn)(1-MDRn+1)...*(1-MDRm)]^(1/months in period n,m)
	Average CDR over period between the nth month and mth month (AvgCDRn,m): 1-((1-AvgMDRn,m)^12)

	Average SDA Approximation over period between the nth month and mth month:
	AvgCDRn,m/IF(Avg WASn,m<61,MIN(30,Avg WASn,m)0.02,MAX(0.03,MIN(30,Avg WASn,m)0.02-0.0095*(Avg WASn,m-60)))

	Average WASn,m: (WASn + WASn+1 +...+ WASm )/(number of months in the period n,m)
	Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)

	Average Loss Severity Approximation over period between nth month and mth month: Avg(Loss Severityn,m)

	Note: Default rates are calculated since deal issue date and include realized gains and additional realized losses and gains from prior periods.
	Dates correspond to distribution dates.




Page 28 of 31
Ameriquest Mortgage Securities, Inc. 2005-R1

Mortgage Pass-Through Certificates

2005-R1

May 25, 2005 Distribution
Realized Loss Detail Report
Loan Number			Current		State &				Prior		Realized				Cumulative

&		Loan	Note		LTV at		Original		Principal		Loss/(Gain)		Realized		Realized

Loan Group		Status	Rate		Origination		Term		Balance		Revision		Loss/(Gain)		Loss/(Gain)





TOTAL



Page 29 of 31
Ameriquest Mortgage Securities, Inc. 2005-R1

Mortgage Pass-Through Certificates

2005-R1

May 25, 2005 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS

								Group 3		Group 2		Group 1		Total
						Does a Trigger Event Exist? (0=No,1=Yes)								0
						Has a Stepdown Date Occurred? (0=No,1=Yes)								0
						Does a Sequential Trigger Exist? (0=No,1=Yes)								0

						60 + Days Delinquent Balance								7,509,883.33
						Ending Balance								1,414,516,694.05
						Delinquency Percentage								0.530915%

						Certificate Balances of Mezzanine and C Classes								277,500,006.30
						Credit Enhancement Percentage								19.618009%
						Credit Enhancement Percentage - Prior Month								19.132428%



ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK



ADDITIONAL INFORMATION

								Group 3		Group 2		Group 1		Total
Current LIBOR Rate														3.020000%
Next LIBOR Rate														3.090000%




Page 30 of 31
Ameriquest Mortgage Securities, Inc. 2005-R1

Mortgage Pass-Through Certificates

2005-R1

May 25, 2005 Distribution
Additional Certificate Report

ADDITIONAL CERTIFICATE REPORT

										Next Pass Through Rate			NET WAC Shortfall CarryOver		NET WAC Shortfall Paid
CLASS

			A-1A							3.40%			$0.00		$0.00

			A-1B							3.39%			$0.00		$0.00

			A-2A							3.34%			$0.00		$0.00

			A-2B							3.39%			$0.00		$0.00

			A-3A							3.19%			$0.00		$0.00

			A-3B							3.30%			$0.00		$0.00

			A-3C							3.44%			$0.00		$0.00

			A-3D							3.40%			$0.00		$0.00

			M-1							3.54%			$0.00		$0.00

			M-2							3.57%			$0.00		$0.00

			M-3							3.62%			$0.00		$0.00

			M-4							3.83%			$0.00		$0.00

			M-5							3.87%			$0.00		$0.00

			M-6							4.09%			$0.00		$0.00

			M-7							4.44%			$0.00		$0.00

			M-8							4.84%			$0.00		$0.00

			M-9							5.84%			$0.00		$0.00

			M-10							5.84%			$0.00		$0.00







Page 31 of 31

Ameriquest Mortgage Securities Inc. Series 2005-R1 8-K