
                                     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):  July 25, 2005
                          (Date of earliest event reported)

                      Accredited Home Lenders, Inc.(as Seller, under the
          Indenture dated as February 1, 2005 providing for the issuance of
                               Mortgage Loan Trust 2005-1
                (Exact name of Registrant as specified in its Charter)

                                       DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-109964-06                             33-0426859
          (Commission File Number)        (I.R.S. Employer Identification No.)


          15030 Avenue of Science
          San Diego, California                         92128
          (Address of principal executive offices)     (Zip Code)


          Registrant's Telephone Number, Including Area Code:  (858) 676-2100

            (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
     July 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 Indenture Trustee under
                                  the Indenture on behalf of
                                  Accredited Home Lenders Inc., Registrant


          Date:  Jul 27, 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 July 25, 2005.



Accredited Mortgage Loan Trust 2005-1

Asset Backed Notes
Asset Backed Notes
2005-1

July 25, 2005 Distribution

				External Parties						Table of Contents

													Page
				Seller									Page
				Seller						1. Certificate Payment Report					2
				Accredited Mortgage Loan						1. Certificate Payment Report					2
				Accredited Mortgage Loan						2. Collection Account Report					4
										2. Collection Account Report					4
										3. Credit Enhancement Report					6
										4. Collateral Report					7
				Certificate Insurer(s)						5. Delinquency Report					10
				Certificate Insurer(s)						5. Delinquency Report					10
										6. REO Report					13

										7. Foreclosure Report					14
										8. Prepayment Report					15
										9. Prepayment Detail Report					18
										9. Prepayment Detail Report					18
										10. Realized Loss Report					21
										11. Realized Loss Detail Report					24
				Servicer(s)						11. Realized Loss Detail Report					24
				Servicer(s)						12. Triggers and Adj. Cert. Report					25
				Accredited Home Lenders						12. Triggers and Adj. Cert. Report					25
				Accredited Home Lenders						13. Other Related Information					26
										13. Other Related Information					26


				Underwriter(s)
				CS First Boston


										Total Number of Pages					26
										Total Number of Pages

				Dates						Contacts

				Cut-Off Date:			February 01, 2005			Eiko Akiyama
				Close Date:			February 24, 2005			Administrator
				First Distribution Date:			March 25, 2005			(714) 247-6328

										Address:
										1761 East St. Andrew Place, Santa Ana, CA 92514
				Distribution Date:			July 25, 2005
										Factor Information:			(800) 735-7777
				Record Date:			June 30, 2005			Factor Information:			(800) 735-7777
										Main Phone Number:			(714) 247-6000

							July 22, 2005
							July 22, 2005

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






Page 1 of 26
Accredited Mortgage Loan Trust 2005-1

Asset Backed Notes
Asset Backed Notes
2005-1

July 25, 2005 Distribution
Certificate Payment Report
Current Period Distribution - REMIC I
					Prior												Current
	Class		Original		Principal						Total		Realized		Deferred		Principal
	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	$	300,820,000.00		285,588,784.82		787,294.03		7,613,946.99		8,401,241.02		0.00		0.00		277,974,837.83
A-1A	FLT	$	300,820,000.00		285,588,784.82		787,294.03		7,613,946.99		8,401,241.02		0.00		0.00		277,974,837.83
A-1B	FLT	$	75,200,000.00		71,392,449.37		199,586.79		1,903,360.20		2,102,946.99		0.00		0.00		69,489,089.17
A-2A	FLT	$	152,760,000.00		129,578,484.40		344,112.37		12,303,504.13		12,647,616.50		0.00		0.00		117,274,980.27
A-2B	FLT	$	147,400,000.00		147,400,000.00		404,050.59		0.00		404,050.59		0.00		0.00		147,400,000.00
A-2C	FLT	$	77,320,000.00		77,320,000.00		220,367.67		0.00		220,367.67		0.00		0.00		77,320,000.00
M-1	MEZ	$	55,030,000.00		55,030,000.00		161,975.67		0.00		161,975.67		0.00		0.00		55,030,000.00
M-2	MEZ	$	30,730,000.00		30,730,000.00		95,709.13		0.00		95,709.13		0.00		0.00		30,730,000.00
M-3	MEZ	$	12,840,000.00		12,840,000.00		40,290.01		0.00		40,290.01		0.00		0.00		12,840,000.00
M-4	MEZ	$	12,380,000.00		12,380,000.00		39,328.04		0.00		39,328.04		0.00		0.00		12,380,000.00
M-5	MEZ	$	29,350,000.00		29,350,000.00		125,881.04		0.00		125,881.04		0.00		0.00		29,350,000.00
M-6	MEZ	$	9,630,000.00		9,630,000.00		43,549.71		0.00		43,549.71		0.00		0.00		9,630,000.00
TRUST	EXE	$	0.00		0.00		2,350,993.23		0.00		2,350,993.23		0.00		0.00		0.00



Total			903,460,000.00		861,239,718.59		4,813,138.28		21,820,811.32		26,633,949.60		0.00		0.00		839,418,907.27
Total




Interest Accrual Detail Current Period Factor Information per $1,000 of Original Face-
									Orig. Principal		Prior							Current
									Orig. Principal		Prior							Current
	Period		Period						(with Notional)		Principal						Total	Principal
	Period		Period
Class	Starting		Ending		Method		Cusip		Balance		Balance		Interest		Principal		Distribution	Balance

									(1)		(1)		(2)		(3)		(4)=(2)+(3)	(5)
A-1A	06/27/05		07/24/05		A-Act/360		004375CN9		300,820,000.00		949.367678		2.617160		25.310641		27.927801	924.057037
A-1B	06/27/05		07/24/05		A-Act/360		004375CP4		75,200,000.00		949.367678		2.654080		25.310641		27.964721	924.057037
A-2A	06/27/05		07/24/05		A-Act/360		004375CQ2		152,760,000.00		848.248785		2.252634		80.541399		82.794033	767.707386
A-2B	06/27/05		07/24/05		A-Act/360		004375CR0		147,400,000.00		1,000.000000		2.741184		0.000000		2.741184	1,000.000000
A-2C	06/27/05		07/24/05		A-Act/360		004375CS8		77,320,000.00		1,000.000000		2.850073		0.000000		2.850073	1,000.000000
M-1	06/27/05		07/24/05		A-Act/360		004375CT6		55,030,000.00		1,000.000000		2.943407		0.000000		2.943407	1,000.000000
M-2	06/27/05		07/24/05		A-Act/360		004375CU3		30,730,000.00		1,000.000000		3.114518		0.000000		3.114518	1,000.000000
M-3	06/27/05		07/24/05		A-Act/360		004375CV1		12,840,000.00		1,000.000000		3.137851		0.000000		3.137851	1,000.000000
M-4	06/27/05		07/24/05		A-Act/360		004375CW9		12,380,000.00		1,000.000000		3.176740		0.000000		3.176740	1,000.000000
M-5	06/27/05		07/24/05		A-Act/360		004375CX7		29,350,000.00		1,000.000000		4.288962		0.000000		4.288962	1,000.000000
M-6	06/27/05		07/24/05		A-Act/360		004375CY5		9,630,000.00		1,000.000000		4.522296		0.000000		4.522296	1,000.000000
TRUST	06/25/05		07/24/05		A-30/360		AC0501101		0.00		0.000000		0.000000		0.000000		0.000000	0.000000





Page 2 of 26
Accredited Mortgage Loan Trust 2005-1

Asset Backed Notes
Asset Backed Notes
2005-1

July 25, 2005 Distribution

Distribution to Date - REMIC I
																	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	300,820,000.00		3,956,183.60		21,467,426.08		1,377,736.09		22,845,162.17		26,801,345.77		0.00		0.00		277,974,837.83
A-1B	75,200,000.00		1,004,413.33		5,366,499.71		344,411.12		5,710,910.83		6,715,324.16		0.00		0.00		69,489,089.17
A-2A	152,760,000.00		1,829,904.00		33,690,425.10		1,794,594.63		35,485,019.73		37,314,923.73		0.00		0.00		117,274,980.27
A-2B	147,400,000.00		1,971,117.32		0.00		0.00		0.00		1,971,117.32		0.00		0.00		147,400,000.00
A-2C	77,320,000.00		1,079,371.39		0.00		0.00		0.00		1,079,371.39		0.00		0.00		77,320,000.00
M-1	55,030,000.00		795,905.98		0.00		0.00		0.00		795,905.98		0.00		0.00		55,030,000.00
M-2	30,730,000.00		472,808.91		0.00		0.00		0.00		472,808.91		0.00		0.00		30,730,000.00
M-3	12,840,000.00		199,170.74		0.00		0.00		0.00		199,170.74		0.00		0.00		12,840,000.00
M-4	12,380,000.00		194,631.71		0.00		0.00		0.00		194,631.71		0.00		0.00		12,380,000.00
M-5	29,350,000.00		637,467.85		0.00		0.00		0.00		637,467.85		0.00		0.00		29,350,000.00
M-6	9,630,000.00		221,276.71		0.00		0.00		0.00		221,276.71		0.00		0.00		9,630,000.00
TRUST	0.00		10,044,256.47		0.00		0.00		0.00		10,044,256.47		0.00		0.00		0.00



Total	903,460,000.00		22,406,508.01		60,524,350.89		3,516,741.84		64,041,092.73		86,447,600.74		0.00		0.00		839,418,907.27


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

	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	3.54438%		285,588,784.82		787,294.03		0.00		0.00		0.00		787,294.03		787,294.03		0.00
A-1B	3.59438%		71,392,449.37		199,586.79		0.00		0.00		0.00		199,586.79		199,586.79		0.00
A-2A	3.41438%		129,578,484.40		344,112.37		0.00		0.00		0.00		344,112.37		344,112.37		0.00
A-2B	3.52438%		147,400,000.00		404,050.59		0.00		0.00		0.00		404,050.59		404,050.59		0.00
A-2C	3.66438%		77,320,000.00		220,367.67		0.00		0.00		0.00		220,367.67		220,367.67		0.00
M-1	3.78438%		55,030,000.00		161,975.67		0.00		0.00		0.00		161,975.67		161,975.67		0.00
M-2	4.00438%		30,730,000.00		95,709.13		0.00		0.00		0.00		95,709.13		95,709.13		0.00
M-3	4.03438%		12,840,000.00		40,290.01		0.00		0.00		0.00		40,290.01		40,290.01		0.00
M-4	4.08438%		12,380,000.00		39,328.04		0.00		0.00		0.00		39,328.04		39,328.04		0.00
M-5	5.51438%		29,350,000.00		125,881.04		0.00		0.00		0.00		125,881.04		125,881.04		0.00
M-6	5.81438%		9,630,000.00		43,549.71		0.00		0.00		0.00		43,549.71		43,549.71		0.00
TRUST	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		2,350,993.23		0.00



Total			861,239,718.59		2,462,145.05		0.00		0.00		0.00		2,462,145.05		4,813,138.28		0.00



Page 3 of 26
Accredited Mortgage Loan Trust 2005-1

Asset Backed Notes
Asset Backed Notes
2005-1

July 25, 2005 Distribution
Collection Account Report
SUMMARY
SUMMARY
										Group 2		Group 1		Total
Principal Collections										12,303,504.13		9,517,307.19		21,820,811.32
Principal Withdrawals										0.00		0.00		0.00
Principal Other Accounts										0.00		0.00		0.00
TOTAL NET PRINCIPAL										12,303,504.13		9,517,307.19		21,820,811.32
Interest Collections										2,388,851.41		2,399,839.60		4,788,691.02
Interest Withdrawals										-0.00		-0.00		-0.00
Interest Fees										-34,416.31		-33,552.38		-67,968.69
Interest Other Accounts														92,415.96
TOTAL NET INTEREST										2,188,958.76		2,202,120.36		4,813,138.29
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION														26,633,949.61



PRINCIPAL - COLLECTIONS
PRINCIPAL - COLLECTIONS
											Group 2		Group 1		Total
Scheduled Principal Received											350,366.81		339,150.97		689,517.78
Curtailments											22,156.58		25,830.26		47,986.84
Prepayments In Full											11,930,980.74		9,152,325.96		21,083,306.70
Repurchased/Substitutions											0.00		0.00		0.00
Liquidations											0.00		0.00		0.00
Insurance Principal											0.00		0.00		0.00
Other Additional Principal											0.00		0.00		0.00
Delinquent Principal											-293,176.25		-283,503.01		-576,679.26
Realized Losses											-0.00		-0.00		-0.00
Advanced Principal											293,176.25		283,503.01		576,679.26
TOTAL PRINCIPAL COLLECTED											12,303,504.13		9,517,307.19		21,820,811.32


PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK



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





Page 4 of 26
Accredited Mortgage Loan Trust 2005-1

Asset Backed Notes
Asset Backed Notes
2005-1

July 25, 2005 Distribution

INTEREST - COLLECTIONS
INTEREST - COLLECTIONS
										Group 2		Group 1		Total
Scheduled Interest										2,536,959.29		2,549,803.93		5,086,763.22
Repurchased/Substitution Interest										0.00		0.00		0.00
Liquidation Interest										0.00		0.00		0.00
Insurance Interest										0.00		0.00		0.00
Other Additional Interest										0.00		0.00		0.00
Prepayment Interest Shortfalls										-5,156.23		-5,148.18		-10,304.41
Delinquent Interest										-2,074,660.26		-2,099,577.73		-4,174,237.99
Compensating Interest										5,156.23		5,148.18		10,304.41
Civil Relief Act Shortfalls										-0.00		-0.00		-0.00
Interest Advanced										1,926,552.38		1,949,613.41		3,876,165.79
TOTAL INTEREST COLLECTED										2,388,851.41		2,399,839.60		4,788,691.02


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



INTEREST - OTHER ACCOUNTS
INTEREST - OTHER ACCOUNTS
										Group 2		Group 1		Total
Prepayment Charges														422,059.16
Net Swap Payment										(165,476.34)		(164,166.86)		(329,643.20)
TOTAL INTEREST OTHER ACCOUNTS														92,415.96



INTEREST - FEES
INTEREST - FEES
										Group 2		Group 1		Total
Current Servicing Fees										33,689.12		32,821.24		66,510.36
Tax Fees
Trustee Fees										727.19		731.14		1,458.33
TOTAL INTEREST FEES										34,416.31		33,552.38		67,968.69




Page 5 of 26
Accredited Mortgage Loan Trust 2005-1

Asset Backed Notes
Asset Backed Notes
2005-1

July 25, 2005 Distribution
Credit Enhancement Report
ACCOUNTS
ACCOUNTS
										Group 2		Group 1		Total
Basis Risk CarryOver Deposit														0.00
Basis Risk CarryOver Amount Paid														0.00



INSURANCE

SPACE INTENTIONALLY LEFT BLANK



STRUCTURAL FEATURES
STRUCTURAL FEATURES
										Group 2		Group 1		Total
Overcollateralized Amount														13,758,438.00
Overcollateralization Reduction Amount														0.00
Overcollateralization Deficiency Amount														0.00
Overcollateralization Target Amount														13,758,438.00




Page 6 of 26
Accredited Mortgage Loan Trust 2005-1

Asset Backed Notes
Asset Backed Notes
2005-1

July 25, 2005 Distribution
Collateral Report


COLLATERAL



											Group 2		Group 1		Total



Loan Count:


Original										2,585		2,881		5,466
Prior										2,486		2,784		5,270
Prefunding										0		0		0
Scheduled Paid Offs										-0		-0		-0
Full Voluntary Prepayments										-55		-51		-106
Repurchases										-0		-0		-0
Liquidations										-0		-0		-0
Current										2,431		2,733		5,164
Principal Balance:


Original										459,500,843.36		457,728,336.81		917,229,180.17
Prior										436,312,801.83		438,685,354.76		874,998,156.59
Prefunding										0.00		0.00		0.00
Scheduled Principal										-350,366.81		-339,150.97		-689,517.78
Partial Prepayments										-22,156.58		-25,830.26		-47,986.84
Full Voluntary Prepayments										-11,930,980.74		-9,152,325.96		-21,083,306.70
Repurchases										-0.00		-0.00		-0.00
Liquidations										-0.00		-0.00		-0.00
Current										424,009,297.70		429,168,047.57		853,177,345.27





PREFUNDING

SPACE INTENTIONALLY LEFT BLANK






Page 7 of 26
Accredited Mortgage Loan Trust 2005-1

Asset Backed Notes
Asset Backed Notes
2005-1

July 25, 2005 Distribution

CHARACTERISTICS
CHARACTERISTICS
										Group 2		Group 1		Total
Weighted Average Coupon Original										6.99354%		6.99397%		6.99376%
Weighted Average Coupon Prior										6.98472%		6.99214%		#######
Weighted Average Coupon Current										6.97745%		6.98629%		6.98188%
Weighted Average Months to Maturity Original										352		354		353
Weighted Average Months to Maturity Prior										348		351		350
Weighted Average Months to Maturity Current										347		350		349
Weighted Avg Remaining Amortization Term Original										352		354		353
Weighted Avg Remaining Amortization Term Prior										348		351		350
Weighted Avg Remaining Amortization Term Current										347		350		349
Weighted Average Seasoning Original										2.09		2.12		2.11
Weighted Average Seasoning Prior										5.08		5.11		5.09
Weighted Average Seasoning Current										6.08		6.10		6.09









Page 8 of 26
Accredited Mortgage Loan Trust 2005-1

Asset Backed Notes
Asset Backed Notes
2005-1

July 25, 2005 Distribution

ARM CHARACTERISTICS
ARM CHARACTERISTICS
										Group 2		Group 1		Total
Weighted Average Margin Original										5.77014%		5.60221%		5.67279%
Weighted Average Margin Prior										5.75995%		5.59818%		5.66559%
Weighted Average Margin Current										5.74746%		5.59165%		5.65647%
Weighted Average Max Rate Original										14.18184%		14.01766%		14.08667%
Weighted Average Max Rate Prior										14.17118%		14.01380%		14.07938%
Weighted Average Max Rate Current										14.15979%		14.00706%		14.07060%
Weighted Average Min Rate Original										7.18507%		7.01807%		7.08827%
Weighted Average Min Rate Prior										7.17455%		7.01423%		7.08103%
Weighted Average Min Rate Current										7.16321%		7.00750%		7.07228%
Weighted Average Cap Up Original										1.49497%		1.49704%		1.49617%
Weighted Average Cap Up Prior										1.49475%		1.49717%		1.49616%
Weighted Average Cap Up Current										1.49522%		1.49713%		1.49634%
Weighted Average Cap Down Original										1.49497%		1.49704%		1.49617%
Weighted Average Cap Down Prior										1.49475%		1.49717%		1.49616%
Weighted Average Cap Down Current										1.49522%		1.49713%		1.49634%




SERVICING FEES & ADVANCES

											Group 2		Group 1		Total




Current Servicing Fees										33,689.12		32,821.24		66,510.36
Delinquent Servicing Fees										148,107.88		149,964.33		298,072.21
TOTAL SERVICING FEES										181,797.00		182,785.57		364,582.57


Total Servicing Fees										181,797.00		182,785.57		364,582.57
Compensating Interest										-5,156.23		-5,148.18		-10,304.41
Delinquent Servicing Fees										-148,107.88		-149,964.33		-298,072.21
COLLECTED SERVICING FEES										33,689.12		32,821.24		56,205.96


Total Advanced Interest										1,926,552.38		1,949,613.41		3,876,165.79
Total Advanced Principal										293,176.25		283,503.01		576,679.26
Aggregate Advances with respect to this Distribution										2,219,728.63		2,233,116.42		4,452,845.05





ADDITIONAL COLLATERAL INFORMATION
										Group 2		Group 1		Total
Prepayment Interest Shortfall (PPIS)										5,156.23		5,148.18		10,304.41
Compensating Interest										-5,156.23		-5,148.18		-10,304.41
Net Prepayment Interest Shortfall (PPIS)										0.00		0.00		0.00

Ending Pool Stated Principal Balance										424,009,297.70		429,168,047.57		853,177,345.27
Weighted Average Net Mortgage Rate										6.450362%		6.454051%		6.452203%




Page 9 of 26
Accredited Mortgage Loan Trust 2005-1

Asset Backed Notes
Asset Backed Notes
2005-1

July 25, 2005 Distribution
Delinquency Report

	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				4,366,824.71		1,240,086.52		80,142.31		5,687,053.54
			% Balance				0.51%		0.15%		0.01%		0.67%
			# Loans				30		6		1		37
			% # Loans				0.58%		0.12%		0.02%		0.72%
	FORECLOSURE		Balance		0.00		0.00		304,643.76		1,732,949.24		2,037,593.00
			% Balance		0.00%		0.00%		0.04%		0.20%		0.24%
			# Loans		0		0		2		11		13
			% # Loans		0.00%		0.00%		0.04%		0.21%		0.25%
	BANKRUPTCY		Balance		278,999.02		0.00		199,041.63		0.00		478,040.65
			% Balance		0.03%		0.00%		0.02%		0.00%		0.06%
			# Loans		1		0		1		0		2
			% # Loans		0.02%		0.00%		0.02%		0.00%		0.04%
	REO		Balance		0.00		0.00		0.00		125,896.51		125,896.51
			% Balance		0.00%		0.00%		0.00%		0.01%		0.01%
			# Loans		0		0		0		1		1
			% # Loans		0.00%		0.00%		0.00%		0.02%		0.02%
	TOTAL		Balance		278,999.02		4,366,824.71		1,743,771.91		1,938,988.06		8,328,583.70
			% Balance		0.03%		0.51%		0.20%		0.23%		0.98%
			# Loans		1		30		9		13		53
			% # Loans		0.02%		0.58%		0.17%		0.25%		1.03%









Page 10 of 26
Accredited Mortgage Loan Trust 2005-1

Asset Backed Notes
Asset Backed Notes
2005-1

July 25, 2005 Distribution


	GROUP 1
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				2,510,807.40		1,240,086.52		0.00		3,750,893.92
			% Balance				0.59%		0.29%		0.00%		0.87%
			# Loans				17		6		0		23
			% # Loans				0.62%		0.22%		0.00%		0.84%
	FORECLOSURE		Balance		0.00		0.00		304,643.76		646,677.52		951,321.28
			% Balance		0.00%		0.00%		0.07%		0.15%		0.22%
			# Loans		0		0		2		4		6
			% # Loans		0.00%		0.00%		0.07%		0.15%		0.22%
	BANKRUPTCY		Balance		278,999.02		0.00		199,041.63		0.00		478,040.65
			% Balance		0.07%		0.00%		0.05%		0.00%		0.11%
			# Loans		1		0		1		0		2
			% # Loans		0.04%		0.00%		0.04%		0.00%		0.07%
	REO		Balance		0.00		0.00		0.00		125,896.51		125,896.51
			% Balance		0.00%		0.00%		0.00%		0.03%		0.03%
			# Loans		0		0		0		1		1
			% # Loans		0.00%		0.00%		0.00%		0.04%		0.04%
	TOTAL		Balance		278,999.02		2,510,807.40		1,743,771.91		772,574.03		5,306,152.36
			% Balance		0.07%		0.59%		0.41%		0.18%		1.24%
			# Loans		1		17		9		5		32
			% # Loans		0.04%		0.62%		0.33%		0.18%		1.17%










Page 11 of 26
Accredited Mortgage Loan Trust 2005-1

Asset Backed Notes
Asset Backed Notes
2005-1

July 25, 2005 Distribution

	GROUP 2
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				1,856,017.31		0.00		80,142.31		1,936,159.62
			% Balance				0.44%		0.00%		0.02%		0.46%
			# Loans				13		0		1		14
			% # Loans				0.53%		0.00%		0.04%		0.58%
	FORECLOSURE		Balance		0.00		0.00		0.00		1,086,271.72		1,086,271.72
			% Balance		0.00%		0.00%		0.00%		0.26%		0.26%
			# Loans		0		0		0		7		7
			% # Loans		0.00%		0.00%		0.00%		0.29%		0.29%
	BANKRUPTCY		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%
	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		1,856,017.31		0.00		1,166,414.03		3,022,431.34
			% Balance		0.00%		0.44%		0.00%		0.28%		0.71%
			# Loans		0		13		0		8		21
			% # Loans		0.00%		0.53%		0.00%		0.33%		0.86%









Page 12 of 26
Accredited Mortgage Loan Trust 2005-1

Asset Backed Notes
Asset Backed Notes
2005-1

July 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
411121227 1
411121227 1			126,000.00		125,896.51		01-Jan-2005		6.990%		NH - 77.78%		360		01-Feb-2005



TOTAL			126,000.00		125,896.51


Page 13 of 26
Accredited Mortgage Loan Trust 2005-1

Asset Backed Notes
Asset Backed Notes
2005-1

July 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
410143968 1
410143968 1			94,500.00		94,035.63		01-Feb-2005		7.875%		UT - 70.00%		360		01-Jan-2005

410199231 1			104,800.00		103,408.92		01-Feb-2005		7.250%		KS - 80.00%		240		01-Jan-2005
411190462 1			277,500.00		276,361.71		01-Feb-2005		7.990%		VA - 75.00%		360		01-Feb-2005
412010790 1			173,600.00		172,871.26		01-Feb-2005		7.875%		IL - 80.00%		360		01-Feb-2005
412170452 1			196,000.00		195,392.80		01-Mar-2005		7.375%		GA - 80.00%		360		01-Mar-2005
412202106 1			109,800.00		109,250.96		01-Mar-2005		6.990%		CA - 66.55%		360		01-Feb-2005
411052388 2			70,240.00		70,187.87		01-Jan-2005		7.500%		TX - 80.00%		360		01-Feb-2005
412021815 2			472,000.00		472,000.00		01-Jan-2005		7.125%		CA - 80.00%		360		01-Feb-2005
412033368 2			84,750.00		84,406.87		01-Feb-2005		8.055%		OH - 75.00%		360		01-Feb-2005
412169667 2			74,700.00		74,649.86		01-Jan-2005		7.999%		OH - 90.00%		360		01-Feb-2005
412289275 2			147,000.00		146,334.96		01-Feb-2005		7.499%		OH - 79.46%		360		01-Feb-2005
412290122 2			175,500.00		174,979.31		01-Feb-2005		7.550%		SC - 90.00%		360		01-Mar-2005
501124862 2			63,840.00		63,712.85		01-Feb-2005		9.499%		MI - 80.00%		360		01-Mar-2005


TOTAL			2,044,230.00		2,037,593.00


Page 14 of 26
Accredited Mortgage Loan Trust 2005-1

Asset Backed Notes
Asset Backed Notes
2005-1

July 25, 2005 Distribution
Prepayment Report

VOLUNTARY PREPAYMENTS
VOLUNTARY PREPAYMENTS

											Group 2		Group 1		Total




Current


Number of Paid in Full Loans										55		51		106
Number of Repurchased Loans										0		0		0
Total Number of Loans Prepaid in Full										55		51		106
Curtailments Amount										22,156.58		25,830.26		47,986.84
Paid in Full Balance										11,930,980.74		9,152,325.96		21,083,306.70
Repurchased Loans Balance										0.00		0.00		0.00
Total Prepayment Amount										11,953,137.32		9,178,156.22		21,131,293.54

Cumulative


Number of Paid in Full Loans										153		148		301
Number of Repurchased Loans										1		0		1
Total Number of Loans Prepaid in Full										154		148		302
Paid in Full Balance										33,377,295.50		26,606,655.48		59,983,950.97
Repurchased Loans Balance										198,000.00		0.00		198,000.00
Curtailments Amount										121,655.53		231,486.55		353,142.08
Total Prepayment Amount										33,696,951.03		26,838,142.03		60,535,093.05










Page 15 of 26
Accredited Mortgage Loan Trust 2005-1

Asset Backed Notes
Asset Backed Notes
2005-1

July 25, 2005 Distribution

VOLUNTARY PREPAYMENTS RATES
VOLUNTARY PREPAYMENTS RATES

											Group 2		Group 1		Total



SMM										2.74%		2.09%		2.42%
3 Months Avg SMM										1.84%		1.56%		1.70%
12 Months Avg SMM										1.52%		1.20%		1.36%
Avg SMM Since Cut-off										1.52%		1.20%		1.36%


CPR										28.37%		22.43%		25.44%
3 Months Avg CPR										19.93%		17.17%		18.56%
12 Months Avg CPR										16.75%		13.53%		15.15%
Avg CPR Since Cut-off										16.75%		13.53%		15.15%


PSA										2,334.54%		1,837.91%		2,089.48%
3 Months Avg PSA Approximation										1,963.67%		1,679.90%		1,821.91%
12 Months Avg PSA Approximation										2,053.11%		1,644.87%		1,849.55%
Avg PSA Since Cut-off Approximation										2,053.11%		1,644.87%		1,849.55%










Page 16 of 26
Accredited Mortgage Loan Trust 2005-1

Asset Backed Notes
Asset Backed Notes
2005-1

July 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 17 of 26
Accredited Mortgage Loan Trust 2005-1

Asset Backed Notes
Asset Backed Notes
2005-1

July 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 Number			Original							Current		State &		Type Prepayment

&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

402060037 2			59,300.00		58,562.54			06-Jul-2005		6.500%		CA - 69.77%		Paid Off - 240		01-Jan-2005
			59,300.00

409270975 1			80,000.00		79,600.68			22-Jun-2005		6.999%		FL - 53.33%		Paid Off - 360		01-Jan-2005
409270975 1					79,600.68			22-Jun-2005		6.999%		FL - 53.33%		Paid Off - 360		01-Jan-2005
409294973 1			259,750.00		259,649.40			27-Jun-2005		6.750%		VA - 85.16%		Paid Off - 360		01-Jan-2005
409294973 1					259,649.40			27-Jun-2005		6.750%		VA - 85.16%		Paid Off - 360		01-Jan-2005
410062905 1			259,192.00		257,623.99			27-Jun-2005		5.999%		CA - 80.00%		Paid Off - 360		01-Jan-2005
410062905 1					257,623.99			27-Jun-2005		5.999%		CA - 80.00%		Paid Off - 360		01-Jan-2005
410117905 2			184,000.00		183,066.27			29-Jun-2005		6.990%		MD - 80.00%		Paid Off - 360		01-Jan-2005
410117905 2					183,066.27			29-Jun-2005		6.990%		MD - 80.00%		Paid Off - 360		01-Jan-2005
410119133 2			166,600.00		165,639.08			29-Jun-2005		6.250%		CA - 85.00%		Paid Off - 360		01-Jan-2005
410119133 2					165,639.08			29-Jun-2005		6.250%		CA - 85.00%		Paid Off - 360		01-Jan-2005
410143938 1			200,000.00		198,803.39			30-Jun-2005		6.875%		CA - 80.00%		Paid Off - 360		01-Dec-2004
410143938 1					198,803.39			30-Jun-2005		6.875%		CA - 80.00%		Paid Off - 360		01-Dec-2004
410187264 2			149,162.00		148,301.66			23-Jun-2005		6.250%		CA - 80.00%		Paid Off - 360		01-Jan-2005
410187264 2					148,301.66			23-Jun-2005		6.250%		CA - 80.00%		Paid Off - 360		01-Jan-2005
410187722 2			156,600.00		156,075.93			07-Jul-2005		8.990%		VA - 90.00%		Paid Off - 360		01-Jan-2005
410187722 2					156,075.93			07-Jul-2005		8.990%		VA - 90.00%		Paid Off - 360		01-Jan-2005
410198437 1			200,000.00		199,001.89			13-Jul-2005		7.000%		RI - 84.03%		Paid Off - 360		01-Jan-2005
410198437 1					199,001.89			13-Jul-2005		7.000%		RI - 84.03%		Paid Off - 360		01-Jan-2005
410198572 1			330,000.00		327,981.24			05-Jul-2005		5.999%		CA - 77.65%		Paid Off - 360		01-Jan-2005
410198572 1					327,981.24			05-Jul-2005		5.999%		CA - 77.65%		Paid Off - 360		01-Jan-2005
410200409 1			108,700.00		108,252.73			21-Jun-2005		7.990%		MD - 78.54%		Paid Off - 360		01-Jan-2005
410200409 1					108,252.73			21-Jun-2005		7.990%		MD - 78.54%		Paid Off - 360		01-Jan-2005
410200947 1			97,500.00		97,100.02			29-Jun-2005		7.990%		MD - 75.00%		Paid Off - 360		01-Jan-2005
410200947 1					97,100.02			29-Jun-2005		7.990%				Paid Off - 360		01-Jan-2005
410212648 2			750,000.00		750,000.00			11-Jul-2005		6.125%		CA - 78.95%		Paid Off - 360		01-Jan-2005
410212648 2					750,000.00			11-Jul-2005		6.125%		CA - 78.95%		Paid Off - 360		01-Jan-2005
410224087 2			116,250.00		115,749.69			28-Jun-2005		7.750%		OH - 75.00%		Paid Off - 360		01-Jan-2005
410224087 2					115,749.69			28-Jun-2005		7.750%		OH - 75.00%		Paid Off - 360		01-Jan-2005
410224511 2			72,500.00		72,279.49			05-Jul-2005		8.550%		CA - 50.00%		Paid Off - 360		01-Feb-2005
410224511 2					72,279.49			05-Jul-2005		8.550%		CA - 50.00%		Paid Off - 360		01-Feb-2005
410225350 2			231,893.40		230,657.20			06-Jul-2005		6.990%		AZ - 70.00%		Paid Off - 360		01-Jan-2005
410225350 2					230,657.20			06-Jul-2005		6.990%		AZ - 70.00%		Paid Off - 360		01-Jan-2005
410225409 1			187,992.00		187,991.96			23-Jun-2005		7.490%		AZ - 80.00%		Paid Off - 360		01-Jan-2005
410225409 1					187,991.96			23-Jun-2005		7.490%		AZ - 80.00%		Paid Off - 360		01-Jan-2005
410256311 1			345,000.00		343,010.11			05-Jul-2005		6.250%		CA - 79.77%		Paid Off - 360		01-Jan-2005
410256311 1					343,010.11			05-Jul-2005		6.250%		CA - 79.77%		Paid Off - 360		01-Jan-2005
410267819 1			135,000.00		134,309.65			21-Jun-2005		6.875%		NJ - 67.50%		Paid Off - 360		01-Jan-2005
410267819 1					134,309.65			21-Jun-2005		6.875%		NJ - 67.50%		Paid Off - 360		01-Jan-2005
410268276 1			175,000.00		174,124.95			08-Jul-2005		6.990%		MA - 46.67%		Paid Off - 360		01-Jan-2005
410268276 1					174,124.95			08-Jul-2005		6.990%		MA - 46.67%		Paid Off - 360		01-Jan-2005
410270209 2			230,000.00		228,575.63			07-Jul-2005		5.875%		CA - 43.81%		Paid Off - 360		01-Jan-2005
410270209 2					228,575.63			07-Jul-2005		5.875%		CA - 43.81%		Paid Off - 360		01-Jan-2005
410270569 2			64,000.00		62,820.13			08-Jul-2005		7.780%		IN - 80.00%		Paid Off - 180		01-Jan-2005
410270569 2					62,820.13			08-Jul-2005		7.780%		IN - 80.00%		Paid Off - 180		01-Jan-2005
410279897 1			288,000.00		288,000.00			27-Jun-2005		7.250%		CA - 90.00%		Paid Off - 360		01-Jan-2005
410279897 1					288,000.00			27-Jun-2005		7.250%		CA - 90.00%		Paid Off - 360		01-Jan-2005
410293382 2			212,000.00		210,915.93			24-Jun-2005		6.875%		VA - 84.80%		Paid Off - 360		01-Jan-2005
410293382 2					210,915.93			24-Jun-2005		6.875%		VA - 84.80%		Paid Off - 360		01-Jan-2005
411014435 1			248,100.00		246,596.54			05-Jul-2005		5.990%		CA - 80.00%		Paid Off - 360		01-Jan-2005
411014435 1					246,596.54			05-Jul-2005		5.990%		CA - 80.00%		Paid Off - 360		01-Jan-2005
411015659 2			87,000.00		86,435.32			08-Jul-2005		5.625%		NV - 34.80%		Paid Off - 360		01-Jan-2005
411015659 2					86,435.32			08-Jul-2005		5.625%		NV - 34.80%		Paid Off - 360		01-Jan-2005
411015674 2			205,200.00		204,104.01			23-Jun-2005		6.999%		CA - 90.00%		Paid Off - 360		01-Jan-2005
411015674 2					204,104.01			23-Jun-2005		6.999%		CA - 90.00%		Paid Off - 360		01-Jan-2005
411026121 2			110,000.00		109,450.92			30-Jun-2005		6.999%		KY - 69.84%		Paid Off - 360		01-Jan-2005
411026121 2					109,450.92			30-Jun-2005		6.999%		KY - 69.84%		Paid Off - 360		01-Jan-2005
411026387 2			428,000.00		425,172.43			06-Jul-2005		6.750%		CA - 80.00%		Paid Off - 360		01-Jan-2005
411026387 2					425,172.43			06-Jul-2005		6.750%		CA - 80.00%		Paid Off - 360		01-Jan-2005
411027216 1			220,960.00		220,959.96			15-Jul-2005		5.950%		OR - 80.00%		Paid Off - 360		01-Jan-2005
411027216 1					220,959.96			15-Jul-2005		5.950%		OR - 80.00%		Paid Off - 360		01-Jan-2005
411027254 2			93,000.00		92,554.15			27-Jun-2005		6.250%		MN - 48.69%		Paid Off - 360		01-Feb-2005
411027254 2					92,554.15			27-Jun-2005		6.250%		MN - 48.69%		Paid Off - 360		01-Feb-2005
411037789 1			211,352.00		207,667.93			16-Jun-2005		6.500%		WI - 80.00%		Paid Off - 360		01-Jan-2005
411037789 1					207,667.93			16-Jun-2005		6.500%		WI - 80.00%		Paid Off - 360		01-Jan-2005
411037815 2			111,200.00		110,710.73			27-Jun-2005		8.250%		VA - 80.00%		Paid Off - 360		01-Jan-2005
411037815 2					110,710.73			27-Jun-2005		8.250%		VA - 80.00%		Paid Off - 360		01-Jan-2005
411038197 2			92,250.00		91,730.68			27-Jun-2005		6.380%		NM - 75.00%		Paid Off - 360		01-Jan-2005
411038197 2					91,730.68			27-Jun-2005		6.380%		NM - 75.00%		Paid Off - 360		01-Jan-2005
411038225 2			87,480.00		87,044.65			23-Jun-2005		7.100%		NC - 90.00%		Paid Off - 360		01-Jan-2005
411038225 2					87,044.65			23-Jun-2005		7.100%		NC - 90.00%		Paid Off - 360		01-Jan-2005
411038296 2			76,000.00		75,752.63			01-Jul-2005		9.125%		VA - 89.41%		Paid Off - 360		01-Jan-2005
411038296 2					75,752.63					9.125%		VA - 89.41%		Paid Off - 360


Page 18 of 26
Accredited Mortgage Loan Trust 2005-1

Asset Backed Notes
Asset Backed Notes
2005-1

July 25, 2005 Distribution

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

&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

411038406 2			114,000.00		113,504.14			05-Jul-2005		8.250%		NV - 75.00%		Paid Off - 360		01-Jan-2005
			114,000.00

411038668 1			265,000.00		263,674.91			29-Jun-2005		6.990%		CA - 70.67%		Paid Off - 360		01-Jan-2005
411038668 1					263,674.91			29-Jun-2005		6.990%		CA - 70.67%		Paid Off - 360		01-Jan-2005
411041281 1			128,800.00		127,982.66			06-Jul-2005		5.750%		VA - 71.56%		Paid Off - 360		01-Jan-2005
411041281 1					127,982.66			06-Jul-2005		5.750%		VA - 71.56%		Paid Off - 360		01-Jan-2005
411051968 2			50,000.00		48,298.75			29-Jun-2005		7.625%		FL - 25.00%		Paid Off - 120		01-Jan-2005
411051968 2					48,298.75			29-Jun-2005		7.625%		FL - 25.00%		Paid Off - 120		01-Jan-2005
411052436 2			134,100.00		133,521.33			17-Jun-2005		7.750%		NM - 90.00%		Paid Off - 360		01-Jan-2005
411052436 2					133,521.33			17-Jun-2005		7.750%		NM - 90.00%		Paid Off - 360		01-Jan-2005
411052673 1			210,000.00		209,235.74			27-Jun-2005		7.750%		CA - 67.74%		Paid Off - 360		01-Feb-2005
411052673 1					209,235.74			27-Jun-2005		7.750%		CA - 67.74%		Paid Off - 360		01-Feb-2005
411052868 2			500,000.00		497,738.45			11-Jul-2005		7.500%		CA - 69.54%		Paid Off - 360		01-Jan-2005
411052868 2					497,738.45			11-Jul-2005		7.500%		CA - 69.54%		Paid Off - 360		01-Jan-2005
411083072 1			74,400.00		74,104.44			01-Jul-2005		8.150%		NC - 80.00%		Paid Off - 360		01-Jan-2005
411083072 1					74,104.44			01-Jul-2005		8.150%		NC - 80.00%		Paid Off - 360		01-Jan-2005
411083109 1			80,000.00		79,664.17			22-Jun-2005		7.875%		NC - 55.17%		Paid Off - 360		01-Jan-2005
411083109 1					79,664.17			22-Jun-2005		7.875%		NC - 55.17%		Paid Off - 360		01-Jan-2005
411083999 1			240,000.00		239,897.89			06-Jul-2005		5.999%		CA - 80.00%		Paid Off - 360		01-Jan-2005
411083999 1					239,897.89			06-Jul-2005		5.999%		CA - 80.00%		Paid Off - 360		01-Jan-2005
411084757 2			60,000.00		58,258.74			30-Jun-2005		6.300%		CA - 60.00%		Paid Off - 180		01-Jan-2005
411084757 2					58,258.74			30-Jun-2005		6.300%		CA - 60.00%		Paid Off - 180		01-Jan-2005
411095211 2			396,800.00		395,072.48			05-Jul-2005		6.750%		VA - 80.00%		Paid Off - 360		01-Feb-2005
411095211 2					395,072.48			05-Jul-2005		6.750%		VA - 80.00%		Paid Off - 360		01-Feb-2005
411107957 1			133,660.00		132,991.00			28-Jun-2005		6.990%		KS - 82.00%		Paid Off - 360		01-Jan-2005
411107957 1					132,991.00			28-Jun-2005		6.990%		KS - 82.00%		Paid Off - 360		01-Jan-2005
411110474 1			189,000.00		186,917.28			07-Jul-2005		7.490%		FL - 90.00%		Paid Off - 240		01-Jan-2005
411110474 1					186,917.28			07-Jul-2005		7.490%		FL - 90.00%		Paid Off - 240		01-Jan-2005
411119066 2			311,920.00		311,920.00			11-Jul-2005		6.450%		CA - 80.00%		Paid Off - 360		01-Jan-2005
411119066 2					311,920.00			11-Jul-2005		6.450%		CA - 80.00%		Paid Off - 360		01-Jan-2005
411119641 1			287,000.00		285,496.38			29-Jun-2005		6.750%		NJ - 89.69%		Paid Off - 360		01-Jan-2005
411119641 1					285,496.38			29-Jun-2005		6.750%		NJ - 89.69%		Paid Off - 360		01-Jan-2005
411120972 1			245,600.00		242,743.90			23-Jun-2005		7.999%		FL - 80.00%		Paid Off - 360		01-Jan-2005
411120972 1					242,743.90			23-Jun-2005		7.999%		FL - 80.00%		Paid Off - 360		01-Jan-2005
411152553 1			72,000.00		71,694.87			01-Jul-2005		8.000%		FL - 80.00%		Paid Off - 360		01-Jan-2005
411152553 1					71,694.87			01-Jul-2005		8.000%		FL - 80.00%		Paid Off - 360		01-Jan-2005
411164128 1			318,750.00		317,281.99			08-Jul-2005		8.350%		MO - 75.00%		Paid Off - 360		01-Jan-2005
411164128 1					317,281.99			08-Jul-2005		8.350%		MO - 75.00%		Paid Off - 360		01-Jan-2005
411165460 2			201,000.00		199,948.14			21-Jun-2005		5.850%		CA - 75.28%		Paid Off - 360		01-Feb-2005
411165460 2					199,948.14			21-Jun-2005		5.850%		CA - 75.28%		Paid Off - 360		01-Feb-2005
411176428 1			120,000.00		120,000.00			12-Jul-2005		5.650%		CA - 32.00%		Paid Off - 360		01-Jan-2005
411176428 1					120,000.00			12-Jul-2005		5.650%		CA - 32.00%		Paid Off - 360		01-Jan-2005
411188218 1			198,750.00		198,106.33			16-Jun-2005		9.500%		MD - 75.00%		Paid Off - 360		01-Jan-2005
411188218 1					198,106.33			16-Jun-2005		9.500%		MD - 75.00%		Paid Off - 360		01-Jan-2005
411189002 1			220,000.00		218,610.31			01-Jul-2005		7.875%		NV - 70.74%		Paid Off - 360		01-Feb-2005
411189002 1					218,610.31			01-Jul-2005		7.875%		NV - 70.74%		Paid Off - 360		01-Feb-2005
411189139 1			162,000.00		161,369.38			01-Jul-2005		8.250%		AZ - 90.00%		Paid Off - 360		01-Jan-2005
411189139 1					161,369.38			01-Jul-2005		8.250%		AZ - 90.00%		Paid Off - 360		01-Jan-2005
411190125 1			247,500.00		246,378.27			23-Jun-2005		7.490%		CA - 75.00%		Paid Off - 360		01-Jan-2005
411190125 1					246,378.27			23-Jun-2005		7.490%		CA - 75.00%		Paid Off - 360		01-Jan-2005
411190358 1			340,000.00		340,000.00			30-Jun-2005		7.250%		CA - 80.00%		Paid Off - 360		01-Feb-2005
411190358 1					340,000.00			30-Jun-2005		7.250%		CA - 80.00%		Paid Off - 360		01-Feb-2005
411222177 1			108,000.00		107,604.14			07-Jul-2005		7.625%		FL - 78.83%		Paid Off - 360		01-Feb-2005
411222177 1					107,604.14			07-Jul-2005		7.625%		FL - 78.83%		Paid Off - 360		01-Feb-2005
411222528 1			116,200.00		115,741.24			21-Jun-2005		7.250%		IL - 70.85%		Paid Off - 360		01-Feb-2005
411222528 1					115,741.24			21-Jun-2005		7.250%		IL - 70.85%		Paid Off - 360		01-Feb-2005
411233141 1			52,000.00		51,807.15			13-Jul-2005		8.499%		MO - 80.00%		Paid Off - 360		01-Jan-2005
411233141 1					51,807.15			13-Jul-2005		8.499%		MO - 80.00%		Paid Off - 360		01-Jan-2005
411233468 2			139,000.00		138,360.15			08-Jul-2005		6.470%		FL - 88.54%		Paid Off - 360		01-Feb-2005
411233468 2					138,360.15			08-Jul-2005		6.470%		FL - 88.54%		Paid Off - 360		01-Feb-2005
411244734 2			261,000.00		259,922.62			08-Jul-2005		7.790%		OH - 90.00%		Paid Off - 360		01-Feb-2005
411244734 2					259,922.62			08-Jul-2005		7.790%		OH - 90.00%		Paid Off - 360		01-Feb-2005
411244781 2			155,550.00		155,125.86			05-Jul-2005		9.190%		RI - 85.00%		Paid Off - 360		01-Feb-2005
411244781 2					155,125.86			05-Jul-2005		9.190%		RI - 85.00%		Paid Off - 360		01-Feb-2005
411308597 1			107,250.00		106,819.84			05-Jul-2005		7.190%		CA - 65.00%		Paid Off - 360		01-Feb-2005
411308597 1					106,819.84			05-Jul-2005		7.190%		CA - 65.00%		Paid Off - 360		01-Feb-2005
412010431 1			280,000.00		279,138.00			30-Jun-2005		8.490%		CA - 74.67%		Paid Off - 360		01-Feb-2005
412010431 1					279,138.00			30-Jun-2005		8.490%		CA - 74.67%		Paid Off - 360		01-Feb-2005
412010685 2			500,000.00		497,659.77			13-Jul-2005		6.375%		MD - 77.44%		Paid Off - 360		01-Feb-2005
412010685 2					497,659.77			13-Jul-2005		6.375%		MD - 77.44%		Paid Off - 360		01-Feb-2005
412019858 1			124,000.00		123,556.68			01-Jul-2005		7.750%		FL - 79.49%		Paid Off - 360		01-Feb-2005
412019858 1					123,556.68			01-Jul-2005		7.750%		FL - 79.49%		Paid Off - 360		01-Feb-2005
412033362 2			391,500.00		391,500.00			05-Jul-2005		7.625%		MD - 90.00%		Paid Off - 360		01-Feb-2005
412033362 2					391,500.00			05-Jul-2005		7.625%		MD - 90.00%		Paid Off - 360		01-Feb-2005
412033893 2			180,000.00		179,019.64			24-Jun-2005		5.875%		CA - 45.00%		Paid Off - 360		01-Feb-2005
412033893 2					179,019.64					5.875%		CA - 45.00%		Paid Off - 360


Page 19 of 26
Accredited Mortgage Loan Trust 2005-1

Asset Backed Notes
Asset Backed Notes
2005-1

July 25, 2005 Distribution

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

&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

412065767 2			318,750.00		317,884.13			17-Jun-2005		7.990%		VA - 85.00%		Paid Off - 360		01-Mar-2005
			318,750.00

412077102 2			144,000.00		143,597.50			30-Jun-2005		8.990%		CT - 80.00%		Paid Off - 360		01-Feb-2005
412077102 2					143,597.50			30-Jun-2005		8.990%		CT - 80.00%		Paid Off - 360		01-Feb-2005
412077296 1			124,000.00		123,469.55			30-Jun-2005		6.890%		MD - 65.26%		Paid Off - 360		01-Feb-2005
412077296 1					123,469.55			30-Jun-2005		6.890%		MD - 65.26%		Paid Off - 360		01-Feb-2005
412077430 2			439,200.00		439,075.20			28-Jun-2005		6.200%		CA - 80.00%		Paid Off - 360		01-Feb-2005
412077430 2					439,075.20			28-Jun-2005		6.200%		CA - 80.00%		Paid Off - 360		01-Feb-2005
412078196 1			97,750.00		97,409.17			15-Jul-2005		7.875%		CA - 85.00%		Paid Off - 360		01-Feb-2005
412078196 1					97,409.17			15-Jul-2005		7.875%		CA - 85.00%		Paid Off - 360		01-Feb-2005
412089162 1			170,000.00		169,392.24			07-Jul-2005		7.750%		FL - 80.95%		Paid Off - 360		01-Feb-2005
412089162 1					169,392.24			07-Jul-2005		7.750%		FL - 80.95%		Paid Off - 360		01-Feb-2005
412091119 2			110,500.00		110,110.47			27-Jun-2005		7.820%		CA - 83.08%		Paid Off - 360		01-Feb-2005
412091119 2					110,110.47			27-Jun-2005		7.820%		CA - 83.08%		Paid Off - 360		01-Feb-2005
412133787 2			144,800.00		144,355.13			13-Jul-2005		8.500%		CA - 80.00%		Paid Off - 360		01-Feb-2005
412133787 2					144,355.13			13-Jul-2005		8.500%		CA - 80.00%		Paid Off - 360		01-Feb-2005
412134014 2			233,000.00		231,558.80			27-Jun-2005		7.375%		CA - 69.97%		Paid Off - 360		01-Feb-2005
412134014 2					231,558.80			27-Jun-2005		7.375%		CA - 69.97%		Paid Off - 360		01-Feb-2005
412145375 2			162,000.00		161,603.24			07-Jul-2005		8.500%		VA - 68.94%		Paid Off - 360		01-Mar-2005
412145375 2					161,603.24			07-Jul-2005		8.500%		VA - 68.94%		Paid Off - 360		01-Mar-2005
412145679 1			97,200.00		96,892.09			30-Jun-2005		8.350%		TN - 90.00%		Paid Off - 360		01-Feb-2005
412145679 1					96,892.09			30-Jun-2005		8.350%		TN - 90.00%		Paid Off - 360		01-Feb-2005
412145686 1			140,000.00		99,676.73			16-Jun-2005		7.500%		CA - 80.00%		Paid Off - 360		01-Feb-2005
412145686 1					99,676.73			16-Jun-2005		7.500%		CA - 80.00%		Paid Off - 360		01-Feb-2005
412146016 1			224,000.00		223,069.33			08-Jul-2005		6.990%		VA - 83.27%		Paid Off - 360		01-Feb-2005
412146016 1					223,069.33			08-Jul-2005		6.990%		VA - 83.27%		Paid Off - 360		01-Feb-2005
412213783 2			90,000.00		89,523.11			01-Jul-2005		7.875%		OH - 81.82%		Paid Off - 360		01-Feb-2005
412213783 2					89,523.11			01-Jul-2005		7.875%		OH - 81.82%		Paid Off - 360		01-Feb-2005
412214837 1			144,000.00		143,472.19			01-Jul-2005		7.625%		AZ - 80.00%		Paid Off - 360		01-Feb-2005
412214837 1					143,472.19			01-Jul-2005		7.625%		AZ - 80.00%		Paid Off - 360		01-Feb-2005
412225663 2			68,000.00		67,488.88			21-Jun-2005		7.250%		PA - 80.47%		Paid Off - 240		01-Mar-2005
412225663 2					67,488.88			21-Jun-2005		7.250%		PA - 80.47%		Paid Off - 240		01-Mar-2005
412226141 1			133,000.00		132,581.18			30-Jun-2005		7.250%		NJ - 76.00%		Paid Off - 360		01-Mar-2005
412226141 1					132,581.18			30-Jun-2005		7.250%		NJ - 76.00%		Paid Off - 360		01-Mar-2005
412288769 2			107,400.00		107,104.09			20-Jun-2005		7.920%		FL - 77.83%		Paid Off - 360		01-Mar-2005
412288769 2					107,104.09			20-Jun-2005		7.920%		FL - 77.83%		Paid Off - 360		01-Mar-2005
412289898 2			313,000.00		312,360.28			06-Jul-2005		9.375%		CA - 71.14%		Paid Off - 360		01-Mar-2005
412289898 2					312,360.28			06-Jul-2005		9.375%		CA - 71.14%		Paid Off - 360		01-Mar-2005
412312434 2			244,000.00		243,021.05			28-Jun-2005		6.000%		MA - 80.00%		Paid Off - 360		01-Mar-2005
412312434 2					243,021.05			28-Jun-2005		6.000%		MA - 80.00%		Paid Off - 360		01-Mar-2005
501055849 2			484,000.00		482,585.34			14-Jul-2005		7.625%		MD - 80.00%		Paid Off - 360		01-Mar-2005
501055849 2					482,585.34			14-Jul-2005		7.625%		MD - 80.00%		Paid Off - 360		01-Mar-2005
501055897 1			150,000.00		149,464.61			05-Jul-2005		6.610%		NV - 32.61%		Paid Off - 360		01-Mar-2005
501055897 1					149,464.61			05-Jul-2005		6.610%		NV - 32.61%		Paid Off - 360		01-Mar-2005
501100131 1			176,000.00		175,849.28			20-Jun-2005		6.125%		FL - 80.00%		Paid Off - 360		01-Mar-2005
501100131 1					175,849.28			20-Jun-2005		6.125%		FL - 80.00%		Paid Off - 360		01-Mar-2005
501100394 2			424,800.00		423,392.16			07-Jul-2005		6.990%		MA - 80.00%		Paid Off - 360		01-Mar-2005
501100394 2					423,392.16			07-Jul-2005		6.990%		MA - 80.00%		Paid Off - 360		01-Mar-2005
501113441 2			256,800.00		256,800.00			11-Jul-2005		7.875%		CA - 80.00%		Paid Off - 360		01-Mar-2005
501113441 2					256,800.00			11-Jul-2005		7.875%		CA - 80.00%		Paid Off - 360		01-Mar-2005
501123863 2			288,000.00		287,346.96			14-Jul-2005		8.875%		MD - 80.00%		Paid Off - 360		01-Mar-2005
501123863 2					287,346.96			14-Jul-2005		8.875%		MD - 80.00%		Paid Off - 360		01-Mar-2005
501124111 1			110,000.00		109,558.58			15-Jul-2005		5.999%		MA - 16.11%		Paid Off - 360		01-Mar-2005
501124111 1					109,558.58			15-Jul-2005		5.999%		MA - 16.11%		Paid Off - 360		01-Mar-2005
501135869 2			396,000.00		394,782.49			29-Jun-2005		7.375%		MD - 80.00%		Paid Off - 360		01-Mar-2005
501135869 2					394,782.49			29-Jun-2005		7.375%		MD - 80.00%		Paid Off - 360		01-Mar-2005
501147419 2			500,000.00		498,641.83			23-Jun-2005		7.990%		MD - 76.92%		Paid Off - 360		01-Mar-2005
501147419 2					498,641.83			23-Jun-2005		7.990%		MD - 76.92%		Paid Off - 360		01-Mar-2005
501170146 2			125,000.00		124,486.45			27-Jun-2005		5.875%		FL - 83.33%		Paid Off - 360		01-Mar-2005
501170146 2					124,486.45			27-Jun-2005		5.875%		FL - 83.33%		Paid Off - 360		01-Mar-2005
501246851 2			50,000.00		49,814.49			08-Jul-2005		6.409%		IL - 25.00%		Paid Off - 360		01-Mar-2005
501246851 2					49,814.49			08-Jul-2005		6.409%		IL - 25.00%		Paid Off - 360		01-Mar-2005


TOTAL			21,208,961.40		21,083,306.70
TOTAL


Page 20 of 26
Accredited Mortgage Loan Trust 2005-1

Asset Backed Notes
Asset Backed Notes
2005-1

July 25, 2005 Distribution
Realized Loss Report

COLLATERAL REALIZED LOSSES



											Group 2		Group 1		Total


Current
Current



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

Cumulative
Cumulative



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










Page 21 of 26
Accredited Mortgage Loan Trust 2005-1

Asset Backed Notes
Asset Backed Notes
2005-1

July 25, 2005 Distribution


DEFAULT SPEEDS



											Group 2		Group 1		Total



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


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


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


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












Page 22 of 26
Accredited Mortgage Loan Trust 2005-1

Asset Backed Notes
Asset Backed Notes
2005-1

July 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 23 of 26
Accredited Mortgage Loan Trust 2005-1

Asset Backed Notes
Asset Backed Notes
2005-1

July 25, 2005 Distribution
Realized Loss Detail Report
Loan Number			Current		State &				Prior		Realized				Cumulative
															Cumulative
&		Loan	Note		LTV at		Original		Principal		Loss/(Gain)		Realized		Realized

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




TOTAL



Page 24 of 26
Accredited Mortgage Loan Trust 2005-1

Asset Backed Notes
Asset Backed Notes
2005-1

July 25, 2005 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS
TRIGGER EVENTS
										Group 2		Group 1		Total
						Has the Stepdown Date Occurred? (0=No,1=Yes)								0

						Does the Group I Seq. Trigger Event Exist?								0

						Does the Trigger Event Exist? (0=No,1=Yes)								0

						A Trigger Event Exists if either (i) or (ii) are true

						(i) The quotient of ( (1)/(2) > (3) )
						(1) 60+ Day Rolling Delinquency Balance								2,164,930.95
						(2) Stated Principal Balance								853,177,345.27
						60+ Day Delinquency % ( (1)/(2) )								0.253749%
						(3) 37% of Senior Enhancement %								6.922966%

						(ii) The quotient of ( (4)/(5) > (6))
						(4) Aggregate Cumulative Realized Loss								0.00
						(5) Cutoff Date Pool Principal Balance								917,229,180.17
						Trigger Event Loss % ( (4)/(5) )								0.000000%
						(6) Applicable Loss %								0.000000%


ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK



ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
										Group 2		Group 1		Total
Current LIBOR Rate														3.314380%
Next LIBOR Rate														0.000000%




Page 25 of 26
Accredited Mortgage Loan Trust 2005-1

Asset Backed Notes
Asset Backed Notes
2005-1

July 25, 2005 Distribution
Other Related Information
ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
										Group 2		Group 1		Total
Current Scheduled Payments														5,776,281.00
Current Scheduled Payments 1 Month Prior														5,872,213.43
Current Scheduled Payments 2 Month Prior														5,949,291.59
Current Scheduled Payments 3 Month Prior														6,027,237.09
Current Scheduled Payments 4 Month Prior														6,057,863.94
Current Scheduled Payments 5 Month Prior														0.00
Current Scheduled Payments 6 Month Prior														0.00
Current Scheduled Payments 7 Month Prior														0.00
Current Scheduled Payments 8 Month Prior														0.00
Current Scheduled Payments 9 Month Prior														0.00
Current Scheduled Payments 10 Month Prior														0.00
Current Scheduled Payments 11 Month Prior														0.00

Delinquent 60+ Scheduled Payments														27,066.62
Delinq. 60+ Sched. Pmnts, 1 Month Prior														15,965.11
Delinq. 60+ Sched. Pmnts, 2 Month Prior														8,741.33
Delinq. 60+ Sched. Pmnts, 3 Month Prior														611.86
Delinq. 60+ Sched. Pmnts, 4 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 5 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 6 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 7 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 8 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 9 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 10 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 11 Month Prior														0.00




Page 26 of 26

Accredited Mortgage Loan Trust 2005-1 8-K