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~~June 2527, 2005 (Date of earliest event reported) Ameriquest Mortgage Securities Inc (as Depositor under the Pooling and Servicing Agreement, dated as April 1, 2005, providing for the issuance of Asset-Backed Pass-Through Certificates, Series 2005-R3) (Exact name of registrant as specified in charter) DELAWARE (State or Other Jurisdiction of Incorporation) 333-121781-03 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) 541-9960 (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~~June 2527, 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 0230, 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~~June 2527, 2005.

Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
May 25, 2005 Distribution
June 27, 2005 Distribution
				External Parties						Table of Contents
													Page
				Seller
										1. Certificate Payment Report					2
				Ameriquest Mtg Sec Inc
										2. Collection Account Report					6
										3. Collateral Report					8
										4. Delinquency Report					11
				Certificate Insurer(s)						5. REO Report					15
										6. Foreclosure Report					16
										7. Prepayment Report					17
										8. Prepayment Detail Report					20
										9. Realized Loss Report					2325
										10. Realized Loss Detail Report					2628
										11. Triggers and Adj. Cert. Report					2729
				Servicer(s)
										12. Additional Certificate Report					2830
				Ameriquest Mortgage Corp
				Underwriter(s)
				J. P. Morgan
				BNP Paribas
				Deutsche Bank Securities
				Banc of America Securities LLC
										Total Number of Pages					2830
				Dates						Contacts
				Cut-Off Date:			April 01, 2005			Valerie Delgado
				Close Date:			April 27, 2005			Administrator
				First Distribution Date:			May 25, 2005			(714) 247-6273
										valerie.m.delgado@db.com
										Address:
										1761 East St. Andrew Place, Santa Ana, CA 92705
				Distribution Date:			~~May~~June 2527, 2005
										Factor Information:			(800) 735-7777
				Record Date:			~~April~~May 2931, 2005
										Main Phone Number:			(714) 247-6000
							May 24, 2005
							June 24, 2005
										https://www.tss.db.com/invr
Page 1 of 28
Page 1 of 30
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
May 25, 2005 Distribution
June 27, 2005 Distribution
Certificate Payment Report
Current Period Distribution - REMIC III
					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	FLT, STEP	$	414,398,000.00		~~414~~409,~~398~~146,~~000~~606.0098		1,~~044~~233,~~282~~917.9698		56,~~251~~684,~~393~~049.0224		67,~~295~~917,~~675~~967.9822		0.00		0.00		~~409~~402,~~146~~462,~~606~~557.9874
A-1B	FLT, STEP	$	103,600,000.00		~~103~~102,~~600~~287,~~000~~145.0041		~~265~~314,~~906~~106.6778		1,~~312~~671,~~854~~020.5937		1,~~578~~985,~~761~~127.2615		0.00		0.00		~~102~~100,~~287~~616,~~145~~125.4104
A-2A	FLT, STEP	$	419,185,000.00		~~419~~414,~~185~~119,~~000~~014.0016		1,~~062~~256,~~866~~506.8611		56,~~065~~569,~~985~~078.8497		67,~~128~~825,~~852~~585.7008		0.00		0.00		~~414~~407,~~119~~549,~~014~~935.1619
A-2B	FLT, STEP	$	104,796,000.00		~~104~~103,~~796~~529,~~000~~506.0056		~~269~~318,~~791~~870.4888		1,~~266~~642,~~493~~265.4482		1,~~536~~961,~~284~~136.9270		0.00		0.00		~~103~~101,~~529~~887,~~506~~240.5674
A-3A	FLT, STEP	$	292,740,000.00		~~292~~282,~~740~~854,~~000~~833.0081		~~712~~824,~~659~~521.2784		917,~~885~~364,~~166~~267.1999		1018,~~597~~188,~~825~~789.4683		0.00		0.00		~~282~~265,~~854~~490,~~833~~565.8182
A-3B	FLT, STEP	$	125,396,000.00		125,396,000.00		~~310~~371,~~146~~276.1166		0.00		~~310~~371,~~146~~276.1166		0.00		0.00		125,396,000.00
A-3C	FLT, STEP	$	158,909,000.00		158,909,000.00		~~400~~479,~~450~~243.6806		0.00		~~400~~479,~~450~~243.6806		0.00		0.00		158,909,000.00
A-3D	FLT, STEP	$	130,976,000.00		130,976,000.00		~~342~~409,~~283~~409.9515		0.00		~~342~~409,~~283~~409.9515		0.00		0.00		130,976,000.00
M-1	MEZ, FLT, S	$	53,000,000.00		53,000,000.00		~~143~~171,~~453~~499.3317		0.00		~~143~~171,~~453~~499.3317		0.00		0.00		53,000,000.00
M-2	MEZ, FLT, S	$	47,000,000.00		47,000,000.00		~~128~~153,~~310~~376.0067		0.00		~~128~~153,~~310~~376.0067		0.00		0.00		47,000,000.00
M-3	MEZ, FLT, S	$	27,000,000.00		27,000,000.00		7489,~~550~~100.00		0.00		7489,~~550~~100.00		0.00		0.00		27,000,000.00
M-4	MEZ, FLT, S	$	25,000,000.00		25,000,000.00		7185,~~166~~020.6783		0.00		7185,~~166~~020.6783		0.00		0.00		25,000,000.00
M-5	MEZ, FLT, S	$	19,000,000.00		19,000,000.00		5465,~~530~~138.0033		0.00		5465,~~530~~138.0033		0.00		0.00		19,000,000.00
M-6	MEZ, FLT, S	$	13,000,000.00		13,000,000.00		3745,~~815~~164.5617		0.00		3745,~~815~~164.5617		0.00		0.00		13,000,000.00
M-7	MEZ, FLT, S	$	10,000,000.00		10,000,000.00		3340,~~911~~425.1100		0.00		3340,~~911~~425.1100		0.00		0.00		10,000,000.00
M-8	MEZ, FLT, S	$	10,000,000.00		10,000,000.00		3441,~~688~~341.8967		0.00		3441,~~688~~341.8967		0.00		0.00		10,000,000.00
M-9	MEZ, FLT, S	$	13,000,000.00		13,000,000.00		5060,~~454~~060.4400		0.00		5060,~~454~~060.4400		0.00		0.00		13,000,000.00
M-10	MEZ, FLT, S	$	23,000,000.00		23,000,000.00		99117,~~104~~855.4483		0.00		99117,~~104~~855.4483		0.00		0.00		23,000,000.00
CE	SUB	$	9,999,910.51		910,~~999~~000,~~910~~000.5105		32,~~961~~953,~~471~~186.7216		0.00		32,~~961~~953,~~471~~186.7216		0.00		890.5400		10,000,000.05
P	EXE	$	100.00		100.00		~~201~~376,~~994~~842.8855		0.00		~~201~~376,~~994~~842.8855		0.00		0.00		100.00
R	R	$	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
Total			2,000,000,010.51		21,~~000~~977,~~000~~218,~~010~~206.5197		9,~~299~~406,~~839~~862.0284		2233,~~781~~930,~~893~~682.0839		3243,~~081~~337,~~732~~545.1023		0.00		890.5400		1,~~977~~943,~~218~~287,~~206~~524.9758
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Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
May 25, 2005 Distribution
June 27, 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	0405/2725/05		0506/2426/05		A-Act/360		03072SA96		414,398,000.00		~~1,000~~987.~~000000~~327658		2.~~520000~~977616		1216.~~672342~~129540		1519.~~192342~~107156	~~987~~971.~~327658~~198118
A-1B	0405/2725/05		0506/2426/05		A-Act/360		03072SZS7		103,600,000.00		~~1,000~~987.~~000000~~327658		23.~~566667~~031919		1216.~~672342~~129540		1519.~~239008~~161459	~~987~~971.~~327658~~198118
A-2A	0405/2725/05		0506/2426/05		A-Act/360		03072SB20		419,185,000.00		~~1,000~~987.~~000000~~914678		2.~~535556~~997498		1215.~~085322~~671074		1418.~~620878~~668571	~~987~~972.~~914678~~243604
A-2B	0405/2725/05		0506/2426/05		A-Act/360		03072SB38		104,796,000.00		~~1,000~~987.~~000000~~914678		23.~~574444~~042777		1215.~~085322~~671074		1418.~~659767~~713851	~~987~~972.~~914678~~243604
A-3A	0405/2725/05		0506/2426/05		A-Act/360		03072SZT5		292,740,000.00		~~1,000~~966.~~000000~~232267		2.~~434444~~816567		3359.~~767733~~316349		3662.~~202178~~132916	~~966~~906.~~232267~~915918
A-3B	0405/2725/05		0506/2426/05		A-Act/360		03072SZU2		125,396,000.00		1,000.000000		2.~~473333~~960833		0.000000		2.~~473333~~960833	1,000.000000
A-3C	0405/2725/05		0506/2426/05		A-Act/360		03072SZV0		158,909,000.00		1,000.000000		23.~~520000~~015833		0.000000		23.~~520000~~015833	1,000.000000
A-3D	0405/2725/05		0506/2426/05		A-Act/360		03072SZW8		130,976,000.00		1,000.000000		23.~~613333~~125833		0.000000		23.~~613333~~125833	1,000.000000
M-1	0405/2725/05		0506/2426/05		A-Act/360		03072SZX6		53,000,000.00		1,000.000000		23.~~706667~~235833		0.000000		23.~~706667~~235833	1,000.000000
M-2	0405/2725/05		0506/2426/05		A-Act/360		03072SZY4		47,000,000.00		1,000.000000		23.~~730000~~263333		0.000000		23.~~730000~~263333	1,000.000000
M-3	0405/2725/05		0506/2426/05		A-Act/360		03072SZZ1		27,000,000.00		1,000.000000		23.~~761111~~300000		0.000000		23.~~761111~~300000	1,000.000000
M-4	0405/2725/05		0506/2426/05		A-Act/360		03072SA21		25,000,000.00		1,000.000000		23.~~846667~~400833		0.000000		23.~~846667~~400833	1,000.000000
M-5	0405/2725/05		0506/2426/05		A-Act/360		03072SA39		19,000,000.00		1,000.000000		23.~~870000~~428333		0.000000		23.~~870000~~428333	1,000.000000
M-6	0405/2725/05		0506/2426/05		A-Act/360		03072SA47		13,000,000.00		1,000.000000		23.~~908889~~474167		0.000000		23.~~908889~~474167	1,000.000000
M-7	0405/2725/05		0506/2426/05		A-Act/360		03072SA54		10,000,000.00		1,000.000000		34.~~391111~~042500		0.000000		34.~~391111~~042500	1,000.000000
M-8	0405/2725/05		0506/2426/05		A-Act/360		03072SA62		10,000,000.00		1,000.000000		34.~~468889~~134167		0.000000		34.~~468889~~134167	1,000.000000
M-9	0405/2725/05		0506/2426/05		A-Act/360		03072SA70		13,000,000.00		1,000.000000		34.~~881111~~620000		0.000000		34.~~881111~~620000	1,000.000000
M-10	0405/2725/05		0506/2426/05		A-Act/360		03072SA88		23,000,000.00		1,000.000000		45.~~308889~~124167		0.000000		45.~~308889~~124167	1,000.000000
CE	0405/01/05		0405/30/05		A-30/360				9,999,910.51		1,000.~~000000~~008954		~~396~~295.~~150717~~321259		0.000000		~~396~~295.~~150717~~321259	1,000.008954
P	0405/01/05		0405/30/05				100.00		1,000.000000		23,~~019~~768,~~948~~425.~~800000~~500000		0.000000		23,~~019~~768,~~948~~425.~~800000~~500000		1,000.000000
R	0405/01/05		0405/30/05				0.00		0.000000		0.000000		0.000000		0.000000		0.000000
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Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
May 25, 2005 Distribution
June 27, 2005 Distribution
Distribution to Date - REMIC III
																	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	414,398,000.00		12,~~044~~278,~~282~~200.9694		411,~~874~~238,~~405~~660.5677		~~376~~696,~~987~~781.4649		511,~~251~~935,~~393~~442.0226		614,~~295~~213,~~675~~643.9820		0.00		0.00		~~409~~402,~~146~~462,~~606~~557.9874
A-1B	103,600,000.00		~~265~~580,~~906~~013.6745		12,~~218~~809,~~607~~678.2775		94174,~~247~~196.3221		12,~~312~~983,~~854~~874.5996		13,~~578~~563,~~761~~888.2641		0.00		0.00		~~102~~100,~~287~~616,~~145~~125.4104
A-2A	419,185,000.00		12,~~062~~319,~~866~~372.8697		410,~~702~~957,~~308~~094.4003		~~363,~~677,970.4478		511,~~065~~635,~~985~~064.8481		613,~~128~~954,~~852~~437.7078		0.00		0.00		~~414~~407,~~119~~549,~~014~~935.1619
A-2B	104,796,000.00		~~269~~588,~~791~~662.4836		12,~~175~~739,~~574~~266.3097		90169,~~919~~492.1429		12,~~266~~908,~~493~~759.4426		13,~~536~~497,~~284~~421.9262		0.00		0.00		~~103~~101,~~529~~887,~~506~~240.5674
A-3A	292,740,000.00		~~712~~1,~~659~~537,181.2711		925,~~175~~709,~~529~~014.0180		~~709~~1,~~637~~540,419.1838		927,~~885~~249,~~166~~434.1918		1028,~~597~~786,~~825~~615.4629		0.00		0.00		~~282~~265,~~854~~490,~~833~~565.8182
A-3B	125,396,000.00		~~310~~681,~~146~~422.1177		0.00		0.00		0.00		~~310~~681,~~146~~422.1177		0.00		0.00		125,396,000.00
A-3C	158,909,000.00		~~400~~879,~~450~~693.6874		0.00		0.00		0.00		~~400~~879,~~450~~693.6874		0.00		0.00		158,909,000.00
A-3D	130,976,000.00		~~342~~751,~~283~~693.9510		0.00		0.00		0.00		~~342~~751,~~283~~693.9510		0.00		0.00		130,976,000.00
M-1	53,000,000.00		~~143~~314,~~453~~952.3350		0.00		0.00		0.00		~~143~~314,~~453~~952.3350		0.00		0.00		53,000,000.00
M-2	47,000,000.00		~~128~~281,~~310~~686.0067		0.00		0.00		0.00		~~128~~281,~~310~~686.0067		0.00		0.00		47,000,000.00
M-3	27,000,000.00		74163,~~550~~650.00		0.00		0.00		0.00		74163,~~550~~650.00		0.00		0.00		27,000,000.00
M-4	25,000,000.00		71156,~~166~~187.6750		0.00		0.00		0.00		71156,~~166~~187.6750		0.00		0.00		25,000,000.00
M-5	19,000,000.00		54119,~~530~~668.0033		0.00		0.00		0.00		54119,~~530~~668.0033		0.00		0.00		19,000,000.00
M-6	13,000,000.00		3782,~~815~~979.5673		0.00		0.00		0.00		3782,~~815~~979.5673		0.00		0.00		13,000,000.00
M-7	10,000,000.00		3374,~~911~~336.11		0.00		0.00		0.00		3374,~~911~~336.11		0.00		0.00		10,000,000.00
M-8	10,000,000.00		3476,~~688~~030.8956		0.00		0.00		0.00		3476,~~688~~030.8956		0.00		0.00		10,000,000.00
M-9	13,000,000.00		50110,~~454~~514.44		0.00		0.00		0.00		50110,~~454~~514.44		0.00		0.00		13,000,000.00
M-10	23,000,000.00		99216,~~104~~960.4427		0.00		0.00		0.00		99216,~~104~~960.4427		0.00		0.00		23,000,000.00
CE	9,999,910.51		36,~~961~~914,~~471~~657.7288		-83.11		-6.43		0.00		36,~~961~~914,~~471~~657.7288		0.00		89.54		10,000,000.05
P	100.00		~~201~~578,~~994~~837.8843		0.00		0.00		0.00		~~201~~578,~~994~~837.8843		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	2,000,000,010.51		918,~~299~~706,~~839~~701.0286		2153,~~146~~453,~~341~~632.4321		13,~~635~~258,~~462~~853.1172		2256,~~781~~712,~~893~~575.0847		3275,~~081~~419,~~732~~277.1033		0.00		89.54		1,~~977~~943,~~218~~287,~~206~~524.9758
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Page 4 of 30
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
May 25, 2005 Distribution
June 27, 2005 Distribution
Interest Detail - REMIC III
	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.~~24000~~29000%		~~414~~409,~~398~~146,~~000~~606.0098		1,~~044~~233,~~282~~917.9698		0.00		0.00		0.00		1,~~044~~233,~~282~~917.9698		1,~~044~~233,~~282~~917.9698		0.00
A-1B	3.~~30000~~35000%		~~103~~102,~~600~~287,~~000~~145.0041		~~265~~314,~~906~~106.6778		0.00		0.00		0.00		~~265~~314,~~906~~106.6778		~~265~~314,~~906~~106.6778		0.00
A-2A	3.~~26000~~31000%		~~419~~414,~~185~~119,~~000~~014.0016		1,~~062~~256,~~866~~506.8611		0.00		0.00		0.00		1,~~062~~256,~~866~~506.8611		1,~~062~~256,~~866~~506.8611		0.00
A-2B	3.~~31000~~36000%		~~104~~103,~~796~~529,~~000~~506.0056		~~269~~318,~~791~~870.4888		0.00		0.00		0.00		~~269~~318,~~791~~870.4888		~~269~~318,~~791~~870.4888		0.00
A-3A	3.~~13000~~18000%		~~292~~282,~~740~~854,~~000~~833.0081		~~712~~824,~~659~~521.2784		0.00		0.00		0.00		~~712~~824,~~659~~521.2784		~~712~~824,~~659~~521.2784		0.00
A-3B	3.~~18000~~23000%		125,396,000.00		~~310~~371,~~146~~276.1166		0.00		0.00		0.00		~~310~~371,~~146~~276.1166		~~310~~371,~~146~~276.1166		0.00
A-3C	3.~~24000~~29000%		158,909,000.00		~~400~~479,~~450~~243.6806		0.00		0.00		0.00		~~400~~479,~~450~~243.6806		~~400~~479,~~450~~243.6806		0.00
A-3D	3.~~36000~~41000%		130,976,000.00		~~342~~409,~~283~~409.9515		0.00		0.00		0.00		~~342~~409,~~283~~409.9515		~~342~~409,~~283~~409.9515		0.00
M-1	3.~~48000~~53000%		53,000,000.00		~~143~~171,~~453~~499.3317		0.00		0.00		0.00		~~143~~171,~~453~~499.3317		~~143~~171,~~453~~499.3317		0.00
M-2	3.~~51000~~56000%		47,000,000.00		~~128~~153,~~310~~376.0067		0.00		0.00		0.00		~~128~~153,~~310~~376.0067		~~128~~153,~~310~~376.0067		0.00
M-3	3.~~55000~~60000%		27,000,000.00		7489,~~550~~100.00		0.00		0.00		0.00		7489,~~550~~100.00		7489,~~550~~100.00		0.00
M-4	3.~~66000~~71000%		25,000,000.00		7185,~~166~~020.6783		0.00		0.00		0.00		7185,~~166~~020.6783		7185,~~166~~020.6783		0.00
M-5	3.~~69000~~74000%		19,000,000.00		5465,~~530~~138.0033		0.00		0.00		0.00		5465,~~530~~138.0033		5465,~~530~~138.0033		0.00
M-6	3.~~74000~~79000%		13,000,000.00		3745,~~815~~164.5617		0.00		0.00		0.00		3745,~~815~~164.5617		3745,~~815~~164.5617		0.00
M-7	4.~~36000~~41000%		10,000,000.00		3340,~~911~~425.1100		0.00		0.00		0.00		3340,~~911~~425.1100		3340,~~911~~425.1100		0.00
M-8	4.~~46000~~51000%		10,000,000.00		3441,~~688~~341.8967		0.00		0.00		0.00		3441,~~688~~341.8967		3441,~~688~~341.8967		0.00
M-9	45.~~99000~~04000%		13,000,000.00		5060,~~454~~060.4400		0.00		0.00		0.00		5060,~~454~~060.4400		5060,~~454~~060.4400		0.00
M-10	5.~~54000~~59000%		23,000,000.00		99117,~~104~~855.4483		0.00		0.00		0.00		99117,~~104~~855.4483		99117,~~104~~855.4483		0.00
CE	0.00000%		910,~~999~~000,~~910~~000.5105		0.00		0.00		0.00		0.00		0.00		32,~~961~~953,~~561~~186.2616		0.00
P	0.00000%		100.00		0.00		0.00		0.00		0.00		0.00		~~201~~376,~~994~~842.8855		0.00
R	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
Total			21,~~000~~977,~~000~~218,~~010~~206.5197		#######		0.00		0.00		0.00		56,~~136~~076,~~372~~834.4213		9,~~299~~406,~~928~~862.5684		0.00
Page 5 of 28
Page 5 of 30
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
May 25, 2005 Distribution
June 27, 2005 Distribution
Collection Account Report
SUMMARY
								Group 3		Group 2		Group 1		Total
Principal Collections								917,~~885~~364,~~127~~267.3499		68,~~332~~211,~~454~~344.3979		68,~~564~~355,~~221~~069.8161		2233,~~781~~930,~~803~~682.5439
Principal Withdrawals								0.00		0.00		0.00		0.00
Principal Other Accounts								0.00		0.00		0.00		0.00
TOTAL NET PRINCIPAL								917,~~885~~364,~~127~~267.3499		68,~~332~~211,~~454~~344.3979		68,~~564~~355,~~221~~069.8161		2233,~~781~~930,~~803~~682.5439
Interest Collections								4,~~979~~898,~~476~~367.3690		3,~~746~~692,~~632~~087.9700		3,~~699~~639,~~525~~730.7666		12,~~425~~230,~~635~~185.0956
Interest Withdrawals								-0.00		-0.00		-0.00		-0.00
Interest Fees								-~~714~~690,~~079~~565.4725		-~~559~~539,~~715~~075.4168		-~~546~~523,~~573~~036.2009		-3,~~327~~200,~~701~~165.4127
Interest Other Accounts								63205,~~676~~284.6779		5186,~~219~~579.0125		8784,~~099~~978.2051		~~201~~376,~~994~~842.8855
TOTAL NET INTEREST								4,~~329~~413,~~073~~087.5645		3,~~238~~239,~~136~~590.57		3,~~240~~201,~~051~~673.7608		9,~~299~~406,~~928~~862.5684
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION								1421,~~214~~777,~~200~~355.9044		911,~~570~~450,~~590~~935.9636		911,~~804~~556,~~273~~742.5769		3243,~~081~~337,~~732~~545.1023
PRINCIPAL - COLLECTIONS
									Group 3		Group 2		Group 1		Total
Scheduled Principal Received									~~658~~651,~~668~~601.5569		~~492~~490,~~501~~471.4012		~~484~~481,~~292~~318.1780		1,~~635~~623,~~462~~391.1261
Curtailments									6628,~~717~~838.6786		9665,~~469~~036.5876		6052,~~662~~715.5921		~~223~~146,~~849~~590.8483
Prepayments In Full									716,~~567~~137,~~140~~424.0610		47,~~042~~450,~~138~~987.8654		47,~~638~~821,~~063~~035.6660		1631,~~247~~409,~~342~~447.5824
Repurchased/Substitutions									1546,~~592,601~~403.0634		1204,~~701,344~~849.5537		~~1,381,203~~0.3900		4751,~~675,149~~252.0071
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									-~~200~~223,~~740~~788.2016		-~~116~~139,~~668~~156.7593		-~~119~~148,~~846~~706.6918		-~~437~~511,~~255~~651.6427
Realized Losses									-0.00		-0.00		-0.00		-0.00
Advanced Principal									~~200~~223,~~740~~788.2016		~~116~~139,~~668~~156.7593		~~119~~148,~~846~~706.6918		~~437~~511,~~255~~651.6427
TOTAL PRINCIPAL COLLECTED									917,~~885~~364,~~127~~267.3499		68,~~332~~211,~~454~~344.3979		68,~~564~~355,~~221~~069.8161		2233,~~781~~930,~~803~~682.5439
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 28
Page 6 of 30
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
May 25, 2005 Distribution
June 27, 2005 Distribution
INTEREST - COLLECTIONS
								Group 3		Group 2		Group 1		Total
Scheduled Interest								5,~~078~~017,~~392~~647.0486		3,~~800~~768,~~140~~798.4854		3,~~756~~721,~~516~~433.0926		12,~~635~~507,~~048~~879.6166
Repurchased/Substitution Interest								103,~~295~~632.3523		101,~~579~~288.7884		~~8,980~~0.6500		294,~~855~~921.7807
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								-426,~~193~~600.3086		-17,~~667~~190.0540		-114,~~550~~021.6790		-747,~~411~~813.0216
Delinquent Interest								-1,~~685~~901,~~881~~839.5661		-1,~~028~~251,~~255~~277.5077		-1,~~040~~297,~~016~~029.2584		-34,~~754~~450,~~153~~147.3122
Compensating Interest								426,~~193~~600.3086		17,~~667~~190.0539		114,~~550~~021.6790		747,~~411~~813.0115
Civil Relief Act Shortfalls								-0.00		-0.00		-0.00		-0.00
Interest Advanced								1,~~576~~778,~~670~~927.5342		~~964~~1,~~168~~173,277.2039		~~974~~1,~~045~~215,327.2624		34,~~514~~167,~~883~~532.9905
TOTAL INTEREST COLLECTED								4,~~979~~898,~~476~~367.3690		3,~~746~~692,~~632~~087.9700		3,~~699~~639,~~525~~730.7666		12,~~425~~230,~~635~~185.0956
INTEREST - WITHDRAWALS
								Group 3		Group 2		Group 1		Total
Non-Recoverable Advances								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								63205,~~676~~284.6779		5186,~~219~~579.0125		8784,~~099~~978.2051		~~201~~376,~~994~~842.8855
Net WAC Investment Income								~~0.00~~		~~0.00~~		~~0.00~~		0.00
TOTAL INTEREST OTHER ACCOUNTS								63205,~~676~~284.6779		5186,~~219~~579.0125		8784,~~099~~978.2051		~~201~~376,~~994~~842.8855
INTEREST - FEES
								Group 3		Group 2		Group 1		Total
Current Servicing Fees								~~227~~210,~~942~~122.0206		~~185~~168,~~427~~875.3068		~~180~~162,~~694~~228.7201		~~594~~541,~~064~~225.0375
Trustee Fees								~~708~~699.0237		~~523~~518.9844		~~518~~512.0025		1,~~750~~730.0007
PMI								~~485~~479,~~429~~743.4382		~~373~~369,~~764~~681.1356		~~365,~~360,295.4882		1,~~224~~209,~~554~~721.0420
SWAP INFLOW / (OUTFLOW)								0.00		0.00		0.00		1,~~507~~447,~~333~~488.3325
TOTAL INTEREST FEES								~~714~~690,~~079~~565.4725		~~559~~539,~~715~~075.4168		~~546~~523,~~573~~036.2009		3,~~327~~200,~~701~~165.4127
Page 7 of 28
Page 7 of 30
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
May 25, 2005 Distribution
June 27, 2005 Distribution
Collateral Report
COLLATERAL
									Group 3		Group 2		Group 1		Total
Loan Count:
Original								3,789		3,838		3,684		11,311
Prior								3,~~789~~751		3,~~838~~806		3,~~684~~649		11,~~311~~206
Prefunding								0		0		0		0
Scheduled Paid Offs								-0		-0		-0		-0
Full Voluntary Prepayments								-2861		-2144		-2546		-74151
Repurchases								-103		-111		-100		-314
Liquidations								-0		-0		-0		-0
Current								3,~~751~~687		3,~~806~~761		3,~~649~~603		11,~~206~~051
Principal Balance:
Original								809,167,298.58		598,835,010.62		591,997,701.31		2,000,000,010.51
Prior								~~809~~799,~~167~~282,~~298~~171.5824		~~598~~592,~~835~~502,~~010~~556.6223		~~591~~585,~~997~~433,~~701~~479.3150		21,~~000~~977,~~000~~218,~~010~~206.5197
Prefunding								0.00		0.00		0.00		0.00
Scheduled Principal								-~~658~~651,~~668~~601.5569		-~~492~~490,~~501~~471.4012		-~~484~~481,~~292~~318.1780		-1,~~635~~623,~~462~~391.1261
Partial Prepayments								-6628,~~717~~838.6786		-9665,~~469~~036.5876		-6052,~~662~~715.5921		-~~223~~146,~~849~~590.8483
Full Voluntary Prepayments								-716,~~567~~137,~~140~~424.0610		-47,~~042~~450,~~138~~987.8654		-47,~~638~~821,~~063~~035.6660		-1631,~~247~~409,~~342~~447.5824
Repurchases								-1546,~~592,601~~403.0634		-1204,~~701,344~~849.5537		-~~1,381,203~~0.3900		-4751,~~675,149~~252.0071
Liquidations								-0.00		-0.00		-0.00		-0.00
Current								~~799~~781,~~282~~917,~~171~~903.2425		~~592~~584,~~502~~291,~~556~~211.2344		~~585~~577,~~433~~078,~~479~~409.5089		1,~~977~~943,~~218~~287,~~206~~524.9758
PREFUNDING
SPACE INTENTIONALLY LEFT BLANK
Page 8 of 28
Page 8 of 30
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
May 25, 2005 Distribution
June 27, 2005 Distribution
CHARACTERISTICS
								Group 3		Group 2		Group 1		Total
Weighted Average Coupon Original								7.54655%		7.63627%		7.63279%		7.59894%
Weighted Average Coupon Prior								7.54655%		7.63627%		7.63279%		7.59894%
Weighted Average Coupon Current								7.~~54655~~53868%		7.~~63627~~63559%		7.~~63279~~62806%		7.~~59894~~59419%
Weighted Average Months to Maturity Original								353		351		351		352
Weighted Average Months to Maturity Prior								353		351		351		352
Weighted Average Months to Maturity Current								~~353~~351		~~351~~350		~~351~~350		~~352~~350
Weighted Avg Remaining Amortization Term Original								353		351		351		352
Weighted Avg Remaining Amortization Term Prior								353		351		351		352
Weighted Avg Remaining Amortization Term Current								~~353~~351		~~351~~350		~~351~~350		~~352~~350
Weighted Average Seasoning Original								2.33		2.26		2.28		2.29
Weighted Average Seasoning Prior								2.33		2.26		2.28		2.29
Weighted Average Seasoning Current								23.3331		23.2625		23.28		23.2928
Page 9 of 28
Page 9 of 30
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
May 25, 2005 Distribution
June 27, 2005 Distribution
ARM CHARACTERISTICS
								Group 3		Group 2		Group 1		Total
Weighted Average Margin Original								5.86353%		5.79995%		5.82460%		5.83293%
Weighted Average Margin Prior								5.86353%		5.79995%		5.82460%		5.83293%
Weighted Average Margin Current								5.~~86353~~86343%		5.~~79995~~80019%		5.~~82460~~82274%		5.~~83293~~83239%
Weighted Average Max Rate Original								13.75446%		13.82124%		13.82268%		13.79470%
Weighted Average Max Rate Prior								13.75446%		13.82124%		13.82268%		13.79470%
Weighted Average Max Rate Current								13.~~75446~~74534%		13.~~82124~~82014%		13.~~82268~~81753%		13.~~79470~~78919%
Weighted Average Min Rate Original								7.75446%		7.82124%		7.82268%		7.79470%
Weighted Average Min Rate Prior								7.75446%		7.82124%		7.82268%		7.79470%
Weighted Average Min Rate Current								7.~~75446~~74534%		7.~~82124~~82014%		7.~~82268~~81753%		7.~~79470~~78919%
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								~~227~~210,~~942~~122.0206		~~185~~168,~~427~~875.3068		~~180~~162,~~694~~228.7201		~~594~~541,~~064~~225.0375
Delinquent Servicing Fees								~~109~~122,~~211~~912.0218		6478,~~087~~000.2938		6581,~~970~~702.9961		~~239~~282,~~269~~615.3017
TOTAL SERVICING FEES								~~337~~333,~~153~~034.0424		~~249~~246,~~514~~876.6007		~~246~~243,~~665~~930.7263		~~833~~823,~~333~~840.3694
Total Servicing Fees								~~337~~333,~~153~~034.0424		~~249~~246,~~514~~876.6007		~~246~~243,~~665~~930.7263		~~833~~823,~~333~~840.3694
Compensating Interest								-426,~~193~~600.3086		-17,~~667~~190.0539		-114,~~550~~021.6790		-747,~~411~~813.0115
Delinquent Servicing Fees								-~~109~~122,~~211~~912.0218		-6478,~~087~~000.2938		-6581,~~970~~702.9961		-~~239~~282,~~269~~615.3017
COLLECTED SERVICING FEES								~~223~~183,~~748~~521.7320		~~183~~161,~~760~~685.2530		~~179~~148,~~144~~206.0612		~~586~~493,~~653~~412.0462
Total Advanced Interest								1,~~576~~778,~~670~~927.5342		~~964~~1,~~168~~173,277.2039		~~974~~1,~~045~~215,327.2624		34,~~514~~167,~~883~~532.9905
Total Advanced Principal								~~200~~223,~~740~~788.2016		~~116~~139,~~668~~156.7593		~~119~~148,~~846~~706.6918		~~437~~511,~~255~~651.6427
Aggregate Advances with respect to this Distribution								12,~~777~~002,~~410~~715.7358		1,~~080~~312,~~836~~434.9532		1,~~093~~364,~~891~~033.9542		34,~~952~~679,~~139~~183.6432
ADDITIONAL COLLATERAL INFORMATION
								Group 3		Group 2		Group 1		Total
Prepayment Interest Shortfall (PPIS)								426,~~193~~600.3086		17,~~667~~190.0540		114,~~550~~021.6790		747,~~411~~813.0216
Compensating Interest								-426,~~193~~600.3086		-17,~~667~~190.0539		-114,~~550~~021.6790		-747,~~411~~813.0115
Net Prepayment Interest Shortfall (PPIS)								0.00		0.00		0.00		0.00
Ending Pool Stated Principal Balance								~~799~~781,~~282~~917,~~171~~903.2425		~~592~~584,~~502~~291,~~556~~211.2344		~~585~~577,~~433~~078,~~479~~409.5089		1,~~977~~943,~~218~~287,~~206~~524.9758
Weighted Average Net Mortgage Rate								~~6.420042%~~		6.~~488872~~561168%		6.~~567698~~562672%		5.~~579957~~709150%
Page 10 of 28
Page 10 of 30
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
May 25, 2005 Distribution
June 27, 2005 Distribution
Delinquency Report
	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				06,897,132.0014		0.00		0.00		06,897,132.0014
			% Balance				0.0035%		0.00%		0.00%		0.0035%
			# Loans				036		0		0		036
			% # Loans				0.0033%		0.00%		0.00%		0.0033%
	FORECLOSURE		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%
	BANKRUPTCY		Balance		~~799~~1,~~287~~335,617.7621		0.00		0.00		0.00		~~799~~1,~~287~~335,617.7621
			% Balance		0.0407%		0.00%		0.00%		0.00%		0.0407%
			# Loans		511		0		0		0		511
			% # Loans		0.0410%		0.00%		0.00%		0.00%		0.0410%
	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		~~799~~1,~~287~~335,617.7621		06,897,132.0014		0.00		0.00		~~799~~8,~~287~~232,749.7635
			% Balance		0.0407%		0.0035%		0.00%		0.00%		0.0442%
			# Loans		511		036		0		0		547
			% # Loans		0.0410%		0.0033%		0.00%		0.00%		0.0443%
Page 11 of 28
Page 11 of 30
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
May 25, 2005 Distribution
June 27, 2005 Distribution
	GROUP 1
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				01,544,245.0091		0.00		0.00		01,544,245.0091
			% Balance				0.0027%		0.00%		0.00%		0.0027%
			# Loans				011		0		0		011
			% # Loans				0.0031%		0.00%		0.00%		0.0031%
	FORECLOSURE		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%
	BANKRUPTCY		Balance		~~283~~636,~~783~~644.3822		0.00		0.00		0.00		~~283~~636,~~783~~644.3822
			% Balance		0.0511%		0.00%		0.00%		0.00%		0.0511%
			# Loans		26		0		0		0		26
			% # Loans		0.0517%		0.00%		0.00%		0.00%		0.0517%
	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		~~283~~636,~~783~~644.3822		01,544,245.0091		0.00		0.00		~~283~~2,~~783~~180,890.3813
			% Balance		0.0511%		0.0027%		0.00%		0.00%		0.0538%
			# Loans		26		011		0		0		217
			% # Loans		0.0517%		0.0031%		0.00%		0.00%		0.0547%
Page 12 of 28
Page 12 of 30
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
May 25, 2005 Distribution
June 27, 2005 Distribution
	GROUP 2
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				02,503,668.0045		0.00		0.00		02,503,668.0045
			% Balance				0.0043%		0.00%		0.00%		0.0043%
			# Loans				014		0		0		014
			% # Loans				0.0037%		0.00%		0.00%		0.0037%
	FORECLOSURE		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%
	BANKRUPTCY		Balance		0120,977.0005		0.00		0.00		0.00		0120,977.0005
			% Balance		0.0002%		0.00%		0.00%		0.00%		0.0002%
			# Loans		01		0		0		0		01
			% # Loans		0.0003%		0.00%		0.00%		0.00%		0.0003%
	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		0120,977.0005		02,503,668.0045		0.00		0.00		02,624,645.0050
			% Balance		0.0002%		0.0043%		0.00%		0.00%		0.0045%
			# Loans		01		014		0		0		015
			% # Loans		0.0003%		0.0037%		0.00%		0.00%		0.0040%
Page 13 of 28
Page 13 of 30
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
May 25, 2005 Distribution
June 27, 2005 Distribution
	GROUP 3
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				02,849,217.0078		0.00		0.00		02,849,217.0078
			% Balance				0.0036%		0.00%		0.00%		0.0036%
			# Loans				011		0		0		011
			% # Loans				0.0030%		0.00%		0.00%		0.0030%
	FORECLOSURE		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%
	BANKRUPTCY		Balance		~~515~~577,~~504~~995.3894		0.00		0.00		0.00		~~515~~577,~~504~~995.3894
			% Balance		0.0607%		0.00%		0.00%		0.00%		0.0607%
			# Loans		34		0		0		0		34
			% # Loans		0.0811%		0.00%		0.00%		0.00%		0.0811%
	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		~~515~~577,~~504~~995.3894		02,849,217.0078		0.00		0.00		~~515~~3,~~504~~427,213.3872
			% Balance		0.0607%		0.0036%		0.00%		0.00%		0.0644%
			# Loans		34		011		0		0		315
			% # Loans		0.0811%		0.0030%		0.00%		0.00%		0.0841%
Page 14 of 28
Page 14 of 30
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
May 25, 2005 Distribution
June 27, 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 15 of 28
Page 15 of 30
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
May 25, 2005 Distribution
June 27, 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
TOTAL
Page 16 of 28
Page 16 of 30
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
May 25, 2005 Distribution
June 27, 2005 Distribution
Prepayment Report
VOLUNTARY PREPAYMENTS
									Group 3		Group 2		Group 1		Total
Current
Number of Paid in Full Loans								2861		2144		2546		74151
Number of Repurchased Loans								103		111		100		314
Total Number of Loans Prepaid in Full								3864		3245		3546		~~105~~155
Curtailments Amount								6628,~~717~~838.6786		9665,~~469~~036.5876		6052,~~662~~715.5921		~~223~~146,~~849~~590.8483
Paid in Full Balance								716,~~567~~137,~~140~~424.0610		47,~~042~~450,~~138~~987.8654		47,~~638~~821,~~063~~035.6660		1631,~~247~~409,~~342~~447.5824
Repurchased Loans Balance								1546,~~592,601~~403.0634		1204,~~701,344~~849.5537		~~1,381,203~~0.3900		4751,~~675,149~~252.0071
Total Prepayment Amount								916,~~226~~712,~~458~~666.7930		57,~~839~~720,~~952~~873.9967		67,~~079~~873,~~929~~750.6481		2132,~~146~~307,~~341~~290.4278
Cumulative
Number of Paid in Full Loans								2889		2165		2571		74225
Number of Repurchased Loans								1013		1112		10		3135
Total Number of Loans Prepaid in Full								38102		3277		3581		~~105~~260
Paid in Full Balance								723,~~567~~704,~~140~~564.0616		411,~~042~~493,~~138~~126.8640		412,~~638~~459,~~063~~099.6626		1647,~~247~~656,~~342~~789.5882
Repurchased Loans Balance								12,~~592~~139,~~601~~004.0640		1,~~701~~906,~~344~~193.5592		1,381,203.39		45,~~675~~426,~~149~~401.0071
Curtailments Amount								6695,~~717~~556.6753		96161,~~469~~506.5834		60113,~~662~~377.5980		~~223~~370,~~849~~440.8467
Total Prepayment Amount								925,~~226~~939,~~458~~125.7909		513,~~839~~560,~~952~~826.9966		613,~~079~~953,~~929~~680.6445		2153,~~146~~453,~~341~~632.4220
Page 17 of 28
Page 17 of 30
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
May 25, 2005 Distribution
June 27, 2005 Distribution
VOLUNTARY PREPAYMENTS RATES
									Group 3		Group 2		Group 1		Total
SMM								12.1409%		01.9830%		1.0335%		1.0664%
3 Months Avg SMM								1.1462%		01.9814%		1.0319%		1.0635%
12 Months Avg SMM								1.1462%		01.9814%		1.0319%		1.0635%
Avg SMM Since Cut-off								1.1462%		01.9814%		1.0319%		1.0635%
CPR								1222.8741%		1114.1057%		1115.6601%		1117.9895%
3 Months Avg CPR								1217.8778%		1112.1086%		1113.6635%		1115.9802%
12 Months Avg CPR								1217.8778%		1112.1086%		1113.6635%		1115.9802%
Avg CPR Since Cut-off								1217.8778%		1112.1086%		1113.6635%		1115.9802%
PSA								23,~~763~~384.2418%		2,~~458~~243.3334%		2,~~555~~291.1425%		2,~~612~~735.7500%
3 Months Avg PSA Approximation								23,~~763~~152.2441%		2,~~458~~334.3365%		2,~~555~~402.1452%		2,~~612~~694.7409%
12 Months Avg PSA Approximation								23,~~763~~152.2441%		2,~~458~~334.3365%		2,~~555~~402.1452%		2,~~612~~694.7409%
Avg PSA Since Cut-off Approximation								23,~~763~~152.2441%		2,~~458~~334.3365%		2,~~555~~402.1452%		2,~~612~~694.7409%
Page 18 of 28
Page 18 of 30
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
May 25, 2005 Distribution
June 27, 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 19 of 28
Page 19 of 30
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
May 25, 2005 Distribution
June 27, 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
92114180 1			86,400.00		86,123.12			27-Apr-2005		9.200%		OK - 79.85%		Paid Off - 360		01-Nov-2004
90972183 2			158,650.00		157,677.50			01-Jun-2005		6.750%		IL - 95.00%		Paid Off - 360		01-Nov-2004
92338201 3			239,000.00		236,967.14			25-Apr-2005		7.100%		RI - 77.10%		Paid Off - 360		01-Nov-2004
91340869 2			157,500.00		156,789.51			12-May-2005		8.300%		MN - 78.16%		Paid Off - 360		01-Nov-2004
93731347 1			345,000.00		343,485.31			04-May-2005		7.650%		CA - 75.00%		Paid Off - 360		01-Nov-2004
91858324 2			87,299.00		86,946.88			01-Jun-2005		8.850%		NE - 90.00%		Paid Off - 360		01-Nov-2004
94684263 1			106,500.00		106,024.98			09-May-2005		7.400%		CA - 29.01%		Paid Off - 360		01-Dec-2004
91952481 2			309,000.00		307,213.12			07-Jun-2005		7.050%		CA - 88.29%		Paid Off - 360		01-Nov-2004
95372280 2			134,000.00		133,362.20			26-Apr-2005		6.400%		CA - 87.98%		Paid Off - 360		01-Dec-2004
92713262 2			262,500.00		261,186.20			26-May-2005		7.800%		MD - 70.95%		Paid Off - 360		01-Nov-2004
97922140 3			440,000.00		438,268.00			02-May-2005		6.100%		CA - 74.58%		Paid Off - 360		01-Jan-2005
93649523 3			107,000.00		106,536.49			01-Jun-2005		8.500%		ME - 69.48%		Paid Off - 360		01-Nov-2004
98061500 2			342,000.00		341,187.74			29-Apr-2005		8.650%		CA - 90.00%		Paid Off - 360		01-Jan-2005
94287323 2			131,750.00		130,763.47			19-May-2005		8.990%		HI - 85.00%		Paid Off - 360		01-Dec-2004
98225402 3			400,500.00		399,667.50			06-May-2005		10.400%		CA - 90.00%		Paid Off - 360		01-Dec-2004
94889805 3			60,000.00		59,809.93			16-May-2005		8.350%		FL - 59.89%		Paid Off - 360		01-Jan-2005
99526162 3			100,000.00		99,847.34			29-Apr-2005		10.750%		WI - 84.03%		Paid Off - 360		01-Jan-2005
96497623 3			660,000.00		657,013.16			13-May-2005		6.550%		CT - 84.62%		Paid Off - 360		01-Jan-2005
99724700 1			272,000.00		271,261.13			27-Apr-2005		7.990%		NY - 75.56%		Paid Off - 360		01-Jan-2005
96736848 3			343,000.00		341,262.77			16-May-2005		6.150%		CA - 85.75%		Paid Off - 360		01-Jan-2005
99779126 2			160,500.00		160,168.10			02-May-2005		7.900%		MN - 75.00%		Paid Off - 360		01-Feb-2005
97357081 1			270,000.00		269,044.36			19-May-2005		7.800%		NY - 75.00%		Paid Off - 360		01-Jan-2005
99800682 1			119,000.00		118,605.10			05-May-2005		6.990%		CA - 40.20%		Paid Off - 360		01-Jan-2005
97865141 3			486,000.00		483,821.72			19-May-2005		6.600%		CA - 90.00%		Paid Off - 360		01-Jan-2005
100261866 2			122,500.00		122,040.33			27-Apr-2005		6.350%		CA - 34.61%		Paid Off - 360		01-Jan-2005
97878060 2			195,000.00		194,455.14			11-May-2005		7.850%		MI - 72.22%		Paid Off - 360		01-Feb-2005
100324920 2			300,000.00		298,927.28			02-May-2005		6.600%		FL - 75.00%		Paid Off - 360		01-Jan-2005
97924120 3			469,500.00		468,265.24			20-May-2005		8.150%		NJ - 72.23%		Paid Off - 360		01-Feb-2005
100351501 1			200,000.00		199,484.55			05-May-2005		8.250%		CA - 43.01%		Paid Off - 360		01-Jan-2005
98225287 1			134,000.00		133,487.40			08-Jun-2005		6.250%		CA - 84.77%		Paid Off - 360		01-Feb-2005
100359389 2			233,500.00		232,442.24			02-May-2005		7.600%		CA - 89.43%		Paid Off - 300		01-Jan-2005
98251929 3			126,000.00		125,654.23			06-Jun-2005		9.050%		MD - 87.81%		Paid Off - 360		01-Jan-2005
100608629 3			241,312.00		240,559.62			03-May-2005		7.300%		CA - 82.50%		Paid Off - 360		01-Jan-2005
98414022 1			133,787.00		133,258.79			01-Jun-2005		7.250%		MD - 89.89%		Paid Off - 360		01-Jan-2005
100761766 1			195,000.00		194,573.55			09-May-2005		9.050%		MD - 75.00%		Paid Off - 360		01-Jan-2005
98688864 1			197,200.00		196,732.41			31-May-2005		9.750%		NC - 85.00%		Paid Off - 360		01-Jan-2005
100956226 1			170,500.00		169,884.40			04-May-2005		6.550%		MA - 63.63%		Paid Off - 360		01-Jan-2005
98719867 3			95,000.00		94,535.18			06-Jun-2005		6.990%		CO - 54.60%		Paid Off - 360		01-Jan-2005
101188886 2			131,250.00		131,127.07			06-May-2005		11.650%		CT - 75.00%		Paid Off - 360		01-Feb-2005
98752306 3			360,000.00		358,504.28			11-May-2005		6.990%		CA - 89.24%		Paid Off - 360		01-Jan-2005
101782209 3			178,000.00		177,594.29			05-May-2005		8.850%		AZ - 57.42%		Paid Off - 360		01-Jan-2005
98898885 3			452,000.00		450,667.01			13-May-2005		8.700%		CA - 80.00%		Paid Off - 360		01-Jan-2005
102487907 1			211,500.00		211,006.91			30-Apr-2005		7.300%		CT - 90.00%		Paid Off - 360		01-Feb-2005
98975287 3			322,110.00		320,187.64			01-Jun-2005		7.900%		CA - 88.96%		Paid Off - 360		01-Jan-2005
102806445 1			251,000.00		250,437.66			27-Apr-2005		7.500%		CA - 29.53%		Paid Off - 360		01-Feb-2005
99150468 1			237,000.00		236,192.54			19-May-2005		7.990%		CA - 77.71%		Paid Off - 360		01-Jan-2005
102840766 2			97,500.00		97,272.68			05-May-2005		7.300%		MI - 81.25%		Paid Off - 360		01-Feb-2005
99228025 1			230,000.00		229,264.00			17-May-2005		8.300%		CA - 82.00%		Paid Off - 360		01-Jan-2005
102873320 3			423,750.00		423,013.24			30-Apr-2005		8.750%		CA - 75.00%		Paid Off - 360		01-Feb-2005
99334344 3			577,000.00		575,870.15			26-May-2005		10.650%		CA - 88.77%		Paid Off - 360		01-Jan-2005
103163622 3			387,000.00		386,061.41			06-May-2005		7.100%		CA - 77.40%		Paid Off - 360		01-Feb-2005
99457863 3			259,250.00		258,660.67			10-Jun-2005		9.950%		MD - 85.00%		Paid Off - 360		01-Jan-2005
103383881 1			328,500.00		327,928.83			10-May-2005		8.750%		CA - 90.00%		Paid Off - 360		01-Feb-2005
99590564 3			205,000.00		203,006.84			25-May-2005		6.990%		CA - 82.00%		Paid Off - 240		01-Jan-2005
104066980 1			255,000.00		254,847.10			06-May-2005		8.550%		FL - 82.26%		Paid Off - 360		01-Apr-2005
99758765 1			65,000.00		64,888.35			07-Jun-2005		10.200%		WI - 65.00%		Paid Off - 360		01-Feb-2005
104955422 1			93,750.00		93,722.26			26-Apr-2005		11.850%		AZ - 75.00%		Paid Off - 360		01-Apr-2005
99833543 3			150,500.00		150,037.61			03-Jun-2005		8.500%		WI - 70.00%		Paid Off - 360		01-Jan-2005
105082622 3			182,750.00		182,660.10			29-Apr-2005		9.500%		WI - 85.00%		Paid Off - 360		01-Apr-2005
100100502 3			387,000.00		385,924.85			27-May-2005		8.990%		CA - 90.00%		Paid Off - 360		01-Jan-2005
105132609 3			600,000.00		598,031.84			10-May-2005		6.550%		GA - 50.72%		Paid Off - 180		01-Apr-2005
100232149 1			357,500.00		351,808.47			20-May-2005		7.050%		MD - 60.59%		Paid Off - 180		01-Jan-2005
106133325 2			337,500.00		337,321.33			26-Apr-2005		9.150%		FL - 90.00%		Paid Off - 360		01-Apr-2005
100361427 2			200,000.00		199,557.14			01-Jun-2005		8.990%		MA - 51.28%		Paid Off - 360		01-Feb-2005
106566904 1			75,000.00		74,956.85			03-May-2005		8.750%		PA - 75.00%		Paid Off - 360		01-Apr-2005
100410760 1			166,500.00		165,802.77			26-May-2005		6.950%		WA - 90.00%		Paid Off - 360		01-Jan-2005
106778483 1			97,500.00		97,459.54			03-May-2005		10.300%		GA - 75.00%		Paid Off - 360		01-Apr-2005
100701242 3			105,000.00		104,667.38			25-May-2005		8.350%		CA - 60.00%		Paid Off - 360		01-Jan-2005
106933443 1			115,600.00		115,509.82			05-May-2005		7.250%		TN - 85.00%		Paid Off - 360		01-Apr-2005
100825983 3			116,000.00		115,694.62			01-Jun-2005		9.250%		IL - 74.84%		Paid Off - 360		01-Jan-2005
107101222 3			448,000.00		447,806.00			30-Apr-2005		10.100%		CA - 73.44%		Paid Off - 360		01-Apr-2005
100957646 3			589,500.00		588,171.36			16-May-2005		9.990%		NY - 90.00%		Paid Off - 360		01-Jan-2005
107514424 2			320,000.00		319,710.71			25-Apr-2005		6.500%		CA - 78.05%		Paid Off - 360		01-Apr-2005
100964865 1			83,000.00		82,688.14			01-Jun-2005		7.500%		NJ - 27.55%		Paid Off - 360		01-Jan-2005
Page 20 of 28
Page 20 of 30
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
May 25, 2005 Distribution
June 27, 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
107687725 3			431,300.00		431,076.40			19-Apr-2005		9.250%		CT - 69.01%		Paid Off - 360		01-Apr-2005
101492585 3			360,000.00		359,053.21			09-Jun-2005		8.150%		CA - 59.80%		Paid Off - 360		01-Feb-2005
107944183 2			121,500.00		121,426.40			10-May-2005		8.500%		MD - 90.00%		Paid Off - 360		01-Apr-2005
101734069 2			166,500.00		166,015.74			31-May-2005		7.650%		MI - 90.00%		Paid Off - 360		01-Feb-2005
107956120 3			434,143.00		433,800.94			22-Apr-2005		7.200%		GA - 69.46%		Paid Off - 360		01-Apr-2005
102129384 2			100,000.00		99,685.11			06-Jun-2005		7.250%		CA - 14.60%		Paid Off - 360		01-Feb-2005
108077520 2			217,000.00		216,892.13			02-May-2005		9.450%		NJ - 62.00%		Paid Off - 360		01-Apr-2005
102155108 2			78,200.00		78,065.70			26-May-2005		10.200%		IA - 85.00%		Paid Off - 360		01-Feb-2005
108349945 3			243,215.00		243,114.10			02-May-2005		10.300%		IL - 70.50%		Paid Off - 360		01-Apr-2005
102257185 3			127,500.00		127,162.06			02-Jun-2005		9.500%		IA - 75.00%		Paid Off - 360		01-Feb-2005
108401183 2			320,000.00		319,783.09			04-May-2005		7.950%		NY - 80.00%		Paid Off - 360		01-Apr-2005
102264447 3			400,000.00		398,913.42			23-May-2005		7.990%		CA - 84.21%		Paid Off - 360		01-Feb-2005
108570383 2			116,450.00		116,395.67			28-Apr-2005		9.750%		ME - 85.00%		Paid Off - 360		01-Apr-2005
102536646 1			259,500.00		258,666.58			19-May-2005		7.150%		ME - 75.66%		Paid Off - 360		01-Feb-2005
108710724 1			265,344.00		265,179.91			02-May-2005		8.400%		CA - 89.95%		Paid Off - 360		01-Apr-2005
102698263 2			303,000.00		301,782.03			03-Jun-2005		5.990%		CA - 65.98%		Paid Off - 360		01-Feb-2005
108718925 2			116,800.00		116,720.83			29-Apr-2005		7.950%		FL - 80.00%		Paid Off - 360		01-Apr-2005
102731841 3			577,000.00		574,727.47			09-Jun-2005		6.300%		CA - 82.43%		Paid Off - 360		01-Feb-2005
108943804 3			136,000.00		135,900.07			10-May-2005		7.550%		AZ - 80.00%		Paid Off - 360		01-Apr-2005
102765724 3			62,000.00		61,804.77			13-May-2005		7.250%		FL - 86.72%		Paid Off - 360		01-Feb-2005
109014068 3			399,500.00		399,321.37			29-Apr-2005		9.950%		AZ - 85.00%		Paid Off - 360		01-Apr-2005
103393880 1			120,200.00		119,762.55			08-Jun-2005		7.600%		IA - 66.78%		Paid Off - 360		01-Feb-2005
109018184 2			117,000.00		116,943.05			29-Apr-2005		9.550%		CA - 78.00%		Paid Off - 360		01-Apr-2005
103558425 3			145,000.00		144,662.61			16-May-2005		8.750%		FL - 64.44%		Paid Off - 360		01-Feb-2005
109036020 1			131,500.00		131,427.41			20-Apr-2005		8.950%		AR - 77.35%		Paid Off - 360		01-Apr-2005
103619425 2			206,500.00		205,761.57			02-Jun-2005		6.600%		CA - 56.93%		Paid Off - 360		01-Feb-2005
109046607 2			333,000.00		332,693.06			26-Apr-2005		6.400%		NY - 90.00%		Paid Off - 360		01-Apr-2005
104044706 1			116,900.00		116,608.00			23-May-2005		6.950%		OH - 86.59%		Paid Off - 360		01-Mar-2005
109106963 3			268,600.00		268,516.03			03-May-2005		11.600%		MD - 85.00%		Paid Off - 360		01-Apr-2005
104261045 2			204,000.00		203,291.45			01-Jun-2005		6.750%		CA - 85.00%		Paid Off - 360		01-Feb-2005
109290064 3			229,000.00		228,784.80			02-May-2005		6.300%		MD - 81.79%		Paid Off - 360		01-Apr-2005
104446109 3			165,000.00		164,822.59			09-Jun-2005		12.350%		CT - 75.00%		Paid Off - 360		01-Feb-2005
109480764 3			162,244.00		162,244.00			22-Apr-2005		7.950%		CO - 80.00%		Paid Off - 360		01-May-2005
105232649 3			97,369.00		97,181.42			31-May-2005		8.250%		CA - 38.95%		Paid Off - 360		01-Mar-2005
109588988 3			110,700.00		110,624.96			05-May-2005		7.950%		OK - 90.00%		Paid Off - 360		01-Apr-2005
105686307 3			129,000.00		128,725.07			31-May-2005		7.750%		CA - 38.51%		Paid Off - 360		01-Mar-2005
109670166 1			90,000.00		89,881.67			28-Apr-2005		6.600%		NJ - 51.43%		Paid Off - 300		01-Apr-2005
105996342 3			148,750.00		148,499.26			11-May-2005		8.900%		OH - 85.00%		Paid Off - 360		01-Mar-2005
109695049 1			130,500.00		130,435.13			03-May-2005		9.450%		NC - 83.65%		Paid Off - 360		01-Apr-2005
106009988 3			138,500.00		138,349.70			31-May-2005		9.050%		IL - 60.48%		Paid Off - 360		01-Apr-2005
109751487 3			149,999.00		149,926.75			02-May-2005		9.600%		NJ - 73.17%		Paid Off - 360		01-Apr-2005
106033624 2			280,000.00		279,587.24			06-Jun-2005		7.550%		CA - 66.67%		Paid Off - 360		01-Apr-2005
109783084 3			77,000.00		76,954.30			06-May-2005		8.600%		PA - 58.78%		Paid Off - 360		01-Apr-2005
106218407 1			152,700.00		152,402.84			18-May-2005		8.200%		ME - 40.72%		Paid Off - 360		01-Mar-2005
109926725 3			278,000.00		277,789.51			26-Apr-2005		7.400%		CA - 77.22%		Paid Off - 360		01-Apr-2005
106283880 1			105,000.00		104,812.62			24-May-2005		8.650%		MD - 60.00%		Paid Off - 360		01-Mar-2005
109927269 2			71,631.00		71,400.05			30-Apr-2005		6.750%		TX - 79.59%		Paid Off - 180		01-Apr-2005
106626500 2			68,850.00		68,800.56			01-Jun-2005		10.990%		NC - 85.00%		Paid Off - 360		01-Apr-2005
110473345 2			87,500.00		87,427.56			04-May-2005		6.950%		MI - 87.50%		Paid Off - 360		01-Apr-2005
106827983 2			145,000.00		144,744.68			02-Jun-2005		6.650%		ME - 57.77%		Paid Off - 360		01-Apr-2005
110521986 1			183,500.00		183,316.97			21-Apr-2005		5.990%		CA - 50.27%		Paid Off - 360		01-Apr-2005
106903321 1			300,000.00		299,591.95			08-Jun-2005		7.950%		WA - 75.00%		Paid Off - 360		01-Apr-2005
110553005 3			134,100.00		134,100.00			06-May-2005		8.050%		CA - 90.00%		Paid Off - 360		01-May-2005
107011124 1			170,000.00		169,739.18			09-Jun-2005		7.350%		PA - 85.00%		Paid Off - 360		01-Apr-2005
110684289 1			348,000.00		347,728.52			05-May-2005		7.250%		CA - 68.10%		Paid Off - 360		01-Apr-2005
107089005 3			135,000.00		134,825.47			17-May-2005		8.200%		NV - 60.00%		Paid Off - 360		01-Apr-2005
110700309 3			430,800.00		430,510.35			22-Apr-2005		7.990%		CA - 74.88%		Paid Off - 360		01-Apr-2005
107106460 1			193,500.00		193,217.59			13-May-2005		7.600%		AZ - 90.00%		Paid Off - 360		01-Apr-2005
110748522 3			125,000.00		125,000.00			10-May-2005		10.300%		IL - 64.97%		Paid Off - 360		01-May-2005
107120123 3			514,250.00		514,097.88			25-May-2005		11.850%		CA - 85.00%		Paid Off - 360		01-May-2005
110857547 2			129,000.00		128,897.34			30-Apr-2005		7.150%		WI - 81.85%		Paid Off - 360		01-Apr-2005
107396723 1			105,000.00		104,942.85			16-May-2005		12.250%		TX - 71.92%		Paid Off - 360		01-Apr-2005
110865508 3			269,000.00		#######			04-May-2005		6.900%		MD - 73.70%		Paid Off - 360		01-May-2005
107414245 3			74,328.00		74,268.00			06-Jun-2005		10.450%		SC - 55.06%		Paid Off - 360		01-Apr-2005
110905486 1			223,999.00		223,942.94			29-Apr-2005		12.600%		NJ - 80.00%		Paid Off - 360		01-Apr-2005
107493546 2			168,000.00		167,773.33			11-May-2005		7.990%		GA - 78.14%		Paid Off - 360		01-Apr-2005
111148284 1			138,600.00		138,600.00			03-May-2005		6.950%		DE - 90.00%		Paid Off - 360		01-May-2005
107526261 3			157,250.00		156,990.93			19-May-2005		6.990%		FL - 85.00%		Paid Off - 360		01-Apr-2005
111214565 1			212,240.00		212,240.00			30-Apr-2005		7.990%		WI - 94.33%		Paid Off - 360		01-May-2005
107872905 2			201,503.00		201,141.22			27-May-2005		6.550%		GA - 89.56%		Paid Off - 360		01-Apr-2005
111343984 3			60,000.00		60,000.00			06-May-2005		9.550%		MN - 26.09%		Paid Off - 120		01-May-2005
107882441 3			112,400.00		112,239.21			08-Jun-2005		7.700%		CA - 80.00%		Paid Off - 360		01-Apr-2005
111558144 2			240,000.00		240,000.00			29-Apr-2005		7.500%		IL - 84.21%		Paid Off - 360		01-May-2005
107883324 1			170,100.00		169,785.58			26-May-2005		6.400%		AZ - 90.00%		Paid Off - 360		01-Apr-2005
97035489 1			90,000.00		88,728.81			07-May-2005		6.990%		NE - 90.00%		Repur/Subs - 360		01-Jan-2005
107899742 1			87,500.00		87,363.06			11-May-2005		7.250%		IL - 51.47%		Paid Off - 360		01-Apr-2005
Page 21 of 28
Page 21 of 30
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
May 25, 2005 Distribution
June 27, 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
101332104 1			116,250.00		114,034.67			07-May-2005		7.500%		MO - 75.00%		Repur/Subs - 180		01-Feb-2005
107967903 3			202,000.00		201,744.11			17-May-2005		8.300%		MD - 77.69%		Paid Off - 360		01-Apr-2005
103827002 3			206,000.00		204,619.67			07-May-2005		8.550%		CT - 76.30%		Repur/Subs - 360		01-Feb-2005
108030305 3			532,175.00		531,817.19			13-May-2005		7.990%		CA - 85.84%		Paid Off - 360		01-May-2005
103962320 3			256,750.00		254,423.52			07-May-2005		6.750%		CA - 84.18%		Repur/Subs - 360		01-Feb-2005
108103003 3			547,000.00		546,201.68			09-Jun-2005		7.600%		CT - 74.93%		Paid Off - 360		01-Apr-2005
105729248 2			60,009.00		59,888.90			07-May-2005		9.600%		AZ - 37.81%		Repur/Subs - 360		01-Mar-2005
108134909 3			172,500.00		172,345.94			30-May-2005		9.990%		CA - 75.00%		Paid Off - 360		01-Apr-2005
106311889 3			172,000.00		171,702.99			03-May-2005		6.750%		CT - 70.65%		Repur/Subs - 360		01-Mar-2005
108160029 1			78,000.00		77,880.33			01-Jun-2005		7.350%		DE - 74.29%		Paid Off - 360		01-Apr-2005
107799686 3			193,450.00		192,341.82			07-May-2005		7.150%		CA - 71.65%		Repur/Subs - 360		01-Apr-2005
108326828 1			256,500.00		256,203.77			25-May-2005		8.750%		WI - 90.00%		Paid Off - 360		01-Apr-2005
107988149 1			191,250.00		190,302.95			07-May-2005		9.700%		WI - 90.00%		Repur/Subs - 360		01-Apr-2005
108391061 3			250,000.00		249,604.86			24-May-2005		7.200%		CA - 68.87%		Paid Off - 360		01-Apr-2005
107992083 1			100,000.00		98,632.55			07-May-2005		7.550%		TX - 74.07%		Repur/Subs - 120		01-Apr-2005
108410929 1			301,750.00		301,418.42			24-May-2005		8.990%		RI - 85.00%		Paid Off - 360		01-Apr-2005
108762386 2			266,500.00		263,998.39			07-May-2005		6.350%		NY - 70.13%		Repur/Subs - 360		01-Apr-2005
108458787 1			144,000.00		143,765.86			31-May-2005		7.150%		NJ - 90.00%		Paid Off - 360		01-Apr-2005
108763723 3			250,000.00		247,822.71			07-May-2005		7.750%		NY - 71.43%		Repur/Subs - 360		01-Apr-2005
108481888 3			162,500.00		162,319.95			24-May-2005		8.950%		MI - 65.00%		Paid Off - 360		01-Apr-2005
108829201 1			151,300.00		150,662.78			07-May-2005		7.250%		FL - 85.00%		Repur/Subs - 360		01-Apr-2005
108485525 2			191,200.00		190,897.80			26-May-2005		7.200%		WI - 82.06%		Paid Off - 360		01-Apr-2005
108862848 3			150,000.00		148,624.28			07-May-2005		8.600%		MN - 75.00%		Repur/Subs - 360		01-Apr-2005
108516303 3			189,000.00		188,724.15			08-Jun-2005		7.600%		PA - 74.12%		Paid Off - 360		01-Apr-2005
108895244 2			170,000.00		168,365.84			07-May-2005		9.900%		CO - 85.00%		Repur/Subs - 360		01-Apr-2005
108518986 2			153,039.00		152,817.86			09-Jun-2005		7.650%		MO - 86.95%		Paid Off - 360		01-Apr-2005
109034629 1			274,500.00		272,573.98			07-May-2005		5.990%		CA - 90.00%		Repur/Subs - 360		01-Apr-2005
108678889 2			227,500.00		227,143.97			31-May-2005		7.250%		CT - 84.84%		Paid Off - 360		01-Apr-2005
109053520 2			164,700.00		163,900.40			07-May-2005		6.600%		CT - 90.00%		Repur/Subs - 360		01-Apr-2005
108693607 1			78,000.00		77,897.07			16-May-2005		8.100%		MN - 70.91%		Paid Off - 360		01-Apr-2005
109134387 2			60,195.00		59,639.43			07-May-2005		6.900%		ME - 45.26%		Repur/Subs - 240		01-Apr-2005
108740804 2			270,500.00		269,928.58			16-May-2005		6.300%		NJ - 81.97%		Paid Off - 360		01-Apr-2005
109422246 2			122,400.00		122,400.00			05-May-2005		7.150%		ID - 90.00%		Repur/Subs - 360		01-May-2005
108741745 3			381,000.00		380,485.96			02-Jun-2005		7.990%		CA - 58.62%		Paid Off - 360		01-Apr-2005
109660845 3			121,800.00		120,704.21			07-May-2005		7.550%		WA - 87.00%		Repur/Subs - 360		01-Apr-2005
108869629 3			277,500.00		277,086.81			13-May-2005		7.500%		AZ - 81.14%		Paid Off - 360		01-Apr-2005
109708826 2			269,000.00		267,894.48			07-May-2005		6.550%		WI - 86.77%		Repur/Subs - 360		01-Apr-2005
108874025 3			102,400.00		102,285.35			16-May-2005		8.900%		PA - 80.00%		Paid Off - 360		01-Apr-2005
109731141 3			60,000.00		59,982.44			05-May-2005		11.900%		CA - 34.68%		Repur/Subs - 360		01-Apr-2005
108891565 2			97,113.00		97,057.02			12-May-2005		11.990%		CO - 52.49%		Paid Off - 360		01-Apr-2005
109804229 1			77,500.00		77,500.00			03-May-2005		7.750%		AL - 78.28%		Repur/Subs - 360		01-May-2005
109011767 1			252,000.00		251,584.83			19-May-2005		6.990%		CA - 90.00%		Paid Off - 360		01-Apr-2005
110116886 2			82,800.00		81,826.96			07-May-2005		9.500%		IN - 90.00%		Repur/Subs - 240		01-Apr-2005
109026880 2			129,482.00		129,324.55			24-May-2005		8.500%		IL - 74.42%		Paid Off - 360		01-Apr-2005
110200581 2			180,000.00		179,865.07			05-May-2005		7.450%		GA - 90.00%		Repur/Subs - 360		01-Apr-2005
109084327 2			270,000.00		269,460.04			06-Jun-2005		5.990%		CA - 67.50%		Paid Off - 360		01-Apr-2005
110261542 2			81,000.00		80,271.08			07-May-2005		9.550%		NY - 90.00%		Repur/Subs - 360		01-Apr-2005
109138347 3			374,000.00		373,454.17			01-Jun-2005		7.600%		MD - 85.00%		Paid Off - 360		01-Apr-2005
110994886 3			127,050.00		126,665.42			07-May-2005		7.950%		FL - 73.44%		Repur/Subs - 360		01-Apr-2005
109179564 3			84,000.00		83,895.74			16-May-2005		8.400%		MI - 75.00%		Paid Off - 360		01-Apr-2005
111229886 1			76,800.00		74,047.65			07-May-2005		10.650%		TX - 80.00%		Repur/Subs - 360		01-May-2005
109234724 1			146,700.00		146,559.60			11-May-2005		9.650%		IL - 90.00%		Paid Off - 360		01-Apr-2005
111260147 2			253,294.00		253,294.00			10-May-2005		6.990%		MD - 89.53%		Repur/Subs - 360		01-May-2005
109255463 2			100,300.00		100,109.36			31-May-2005		6.400%		IL - 85.00%		Paid Off - 360		01-Apr-2005
111374468 1			108,500.00		108,500.00			05-May-2005		8.250%		WI - 79.78%		Repur/Subs - 360		01-May-2005
109435644 3			108,000.00		107,957.99			01-Jun-2005		10.600%		NC - 84.38%		Paid Off - 360		01-May-2005
112399407 3			65,714.00		65,714.00			03-May-2005		7.950%		CA - 34.50%		Repur/Subs - 180		01-May-2005
109447904 3			191,250.00		191,055.06			31-May-2005		9.350%		NJ - 75.00%		Paid Off - 360		01-Apr-2005
113011167 1			206,220.00		206,220.00			02-May-2005		8.250%		IN - 74.99%		Repur/Subs - 360		01-May-2005
109477067 3			160,000.00		159,749.60			03-Jun-2005		7.250%		PA - 55.94%		Paid Off - 360		01-Apr-2005
TOTAL			20,978,459.00		20,922,491.58
109552323 2			268,500.00		268,176.86			16-May-2005		8.550%		CA - 82.62%		Paid Off - 360		01-Apr-2005
Page 22 of 28
109575183 1			85,000.00		84,916.05			12-May-2005		9.500%		WI - 70.83%		Paid Off - 360		01-Apr-2005
109609420 1			113,000.00		112,801.01			16-May-2005		6.650%		FL - 68.94%		Paid Off - 360		01-Apr-2005
109616144 1			400,000.00		399,341.03			18-May-2005		6.990%		NJ - 84.21%		Paid Off - 360		01-Apr-2005
109637967 3			296,000.00		295,493.83			13-May-2005		6.800%		MN - 80.00%		Paid Off - 360		01-Apr-2005
109685081 3			420,750.00		420,117.24			24-May-2005		7.450%		CA - 85.00%		Paid Off - 360		01-Apr-2005
109703645 1			81,000.00		80,896.34			01-Jun-2005		8.250%		MD - 85.26%		Paid Off - 360		01-Apr-2005
109736686 2			189,000.00		188,813.32			23-May-2005		9.500%		ME - 90.00%		Paid Off - 360		01-Apr-2005
Page 22 of 30
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
May 25, 2005 Distribution
June 27, 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
109754887 3			152,250.00		151,999.11			10-Jun-2005		6.990%		ME - 86.02%		Paid Off - 360		01-Apr-2005
109780288 3			252,000.00		251,581.57			01-Jun-2005		6.950%		MD - 79.25%		Paid Off - 360		01-Apr-2005
109800821 2			96,200.00		96,134.01			01-Jun-2005		11.200%		WI - 82.93%		Paid Off - 360		01-Apr-2005
109809442 2			82,412.00		82,308.55			07-Jun-2005		8.350%		MI - 65.93%		Paid Off - 360		01-Apr-2005
109818286 1			125,967.00		125,708.27			18-May-2005		5.850%		AZ - 62.48%		Paid Off - 360		01-Apr-2005
109850206 2			149,000.00		148,782.53			01-Jun-2005		7.600%		IL - 42.44%		Paid Off - 360		01-Apr-2005
109899864 2			107,900.00		107,785.34			31-May-2005		9.250%		OH - 65.00%		Paid Off - 360		01-Apr-2005
109900605 1			144,487.00		144,357.24			30-May-2005		9.950%		NY - 56.66%		Paid Off - 360		01-Apr-2005
109967463 1			180,150.00		179,823.38			07-Jun-2005		6.500%		NH - 52.99%		Paid Off - 360		01-Apr-2005
110027620 1			221,190.00		221,037.00			13-May-2005		7.850%		VT - 73.73%		Paid Off - 360		01-May-2005
110066008 2			129,900.00		129,798.66			23-May-2005		7.250%		MD - 80.77%		Paid Off - 360		01-May-2005
110076601 2			144,000.00		143,870.07			03-Jun-2005		9.950%		IL - 90.00%		Paid Off - 360		01-Apr-2005
110103249 1			75,000.00		74,657.95			02-Jun-2005		9.550%		OK - 75.00%		Paid Off - 360		01-Apr-2005
110150307 2			91,536.00		91,435.40			07-Jun-2005		8.990%		MN - 54.81%		Paid Off - 360		01-Apr-2005
110303088 3			580,770.00		580,487.33			24-May-2005		9.550%		MA - 90.00%		Paid Off - 360		01-May-2005
110412343 2			146,030.00		145,036.03			08-Jun-2005		11.150%		FL - 85.40%		Paid Off - 360		01-Apr-2005
110462108 1			100,000.00		99,921.86			16-May-2005		10.600%		NJ - 52.63%		Paid Off - 360		01-Apr-2005
110483146 1			203,000.00		202,682.32			23-May-2005		7.250%		CA - 72.50%		Paid Off - 360		01-Apr-2005
110515707 3			206,000.00		205,808.27			12-May-2005		6.350%		CA - 28.41%		Paid Off - 360		01-May-2005
110528304 1			283,500.00		283,117.51			23-May-2005		7.990%		NJ - 90.00%		Paid Off - 360		01-Apr-2005
110625183 2			239,500.00		239,094.44			12-May-2005		6.850%		CA - 68.43%		Paid Off - 360		01-Apr-2005
110682929 1			233,750.00		233,493.14			26-May-2005		8.990%		CA - 85.00%		Paid Off - 360		01-Apr-2005
110749900 2			117,000.00		116,886.85			27-May-2005		9.600%		NY - 90.00%		Paid Off - 360		01-Apr-2005
110773447 2			135,000.00		134,851.66			03-Jun-2005		8.990%		MI - 75.00%		Paid Off - 360		01-Apr-2005
110775046 2			89,250.00		89,025.07			25-May-2005		9.250%		FL - 85.00%		Paid Off - 360		01-Apr-2005
110817665 1			63,000.00		62,981.93			09-Jun-2005		11.990%		NC - 75.00%		Paid Off - 360		01-May-2005
110873569 3			449,596.00		449,020.63			06-Jun-2005		8.250%		CA - 80.00%		Paid Off - 360		01-Apr-2005
110890621 1			101,250.00		101,129.38			07-Jun-2005		8.600%		MI - 75.00%		Paid Off - 360		01-Apr-2005
110948049 1			236,250.00		236,033.29			16-May-2005		9.850%		CA - 75.00%		Paid Off - 360		01-Apr-2005
110954864 2			213,350.00		212,977.95			30-May-2005		6.700%		CT - 79.61%		Paid Off - 360		01-Apr-2005
111017109 2			250,500.00		250,166.12			06-Jun-2005		8.050%		NV - 80.81%		Paid Off - 360		01-Apr-2005
111154969 3			88,857.00		88,716.54			17-May-2005		7.200%		CA - 74.05%		Paid Off - 360		01-Apr-2005
111194163 2			158,000.00		157,867.91			09-Jun-2005		6.900%		CA - 56.55%		Paid Off - 360		01-May-2005
111268421 3			93,297.00		93,211.00			08-Jun-2005		6.400%		FL - 79.74%		Paid Off - 360		01-May-2005
111558128 3			123,000.00		122,901.15			17-May-2005		7.100%		NH - 79.36%		Paid Off - 360		01-May-2005
111670527 3			565,000.00		564,744.67			16-May-2005		9.900%		CA - 86.92%		Paid Off - 360		01-May-2005
113226385 1			159,800.00		159,723.04			16-May-2005		9.600%		MD - 85.00%		Paid Off - 360		01-May-2005
114373129 1			123,100.00		123,044.95			27-May-2005		9.950%		WI - 84.90%		Paid Off - 360		01-May-2005
Page 23 of 30
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
June 27, 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
106858228 3			140,000.00		139,786.67			03-Jun-2005		7.400%		NJ - 80.00%		Repur/Subs - 360		01-Apr-2005
109393868 3			210,000.00		209,767.32			09-Jun-2005		8.950%		CA - 70.00%		Repur/Subs - 360		01-Apr-2005
111446225 2			205,000.00		204,849.37			24-May-2005		7.550%		CA - 44.09%		Repur/Subs - 360		01-May-2005
112607148 3			197,000.00		196,849.35			24-May-2005		7.350%		CA - 71.64%		Repur/Subs - 360		01-May-2005
TOTAL			32,236,297.00		32,160,699.95
Page 24 of 30
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
June 27, 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 23 of 28
Page 25 of 30
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
May 25, 2005 Distribution
June 27, 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 24 of 28
Page 26 of 30
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
May 25, 2005 Distribution
June 27, 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 25 of 28
Page 27 of 30
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
May 25, 2005 Distribution
June 27, 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 26 of 28
Page 28 of 30
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
May 25, 2005 Distribution
June 27, 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
						Balances 60+ days includes REO, BKC and FCL								01,335,617.0021
						Delinquency Percentage						~~0.0000%~~		0.~~0000~~0687%
						Balance of Mezzanine and C Class								~~249~~250,~~999~~000,~~910~~000.5105
						Ending Pool Balance								1,~~977~~943,~~218~~287,~~206~~524.9758
						Credit Enhancement Percentage						12.6400%		12.6400%
						Credit Enhancement Percentage (Current Period)								12.8648%
						Credit Enhancement Percentage (Prior Period)								12.6440%
ADJUSTABLE RATE CERTIFICATE INFORMATION
SPACE INTENTIONALLY LEFT BLANK
ADDITIONAL INFORMATION
								Group 3		Group 2		Group 1		Total
Current LIBOR Rate														3.~~040000~~090000%
Next LIBOR Rate														30.~~090000~~000000%
Page 27 of 28
Page 29 of 30
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
May 25, 2005 Distribution
June 27, 2005 Distribution
Additional Certificate Report
ADDITIONAL CERTIFICATE REPORT
CLASS
Page 28 of 28
Page 30 of 30

Filing Compare · Ameriquest Mortgage Securities Inc. Series 2005-R3