
                                    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)

            Financial Asset Securities Corp. (as Depositor under the
              Pooling and Servicing Agreement, dated as May 1, 2005,
          providing for the issuance of Soundview Home Loan Trust 2005-OPT1
              Mortgage Pass-Through Certificates, Series 2005-OPT1)
                 (Exact name of registrant as specified in charter)

                                       DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-121661-14                          06-1442101
          (Commission File Number)        (I.R.S. Employer Identification No.)


               600 Steamboat Road
               Greenwich, Connecticut                    06830
          (Address of principal executive offices)     (Zip Code)


          Registrant's Telephone Number, Including Area Code:  (203) 625-2700


         (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 Trustee under the
                                  Pooling and Servicing Agreement on
                                  behalf of Financial Asset Securities
                                  Corp., 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.



Soundview Home Equity Loan Trust 2005-OPT1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-OPT1

July 25, 2005 Distribution

				External Parties						Table of Contents

													Page
				Seller									Page
				Seller						1. Certificate Payment Report					2
				Greenwich Capital Markets						1. Certificate Payment Report					2
				Greenwich Capital Markets						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					11
				Certificate Insurer(s)						5. Delinquency Report					11
										6. REO Report					14

										7. Foreclosure Report					15
										8. Prepayment Report					16
										9. Prepayment Detail Report					19
										9. Prepayment Detail Report					19
										10. Realized Loss Detail Report					23
										11. Triggers and Adj. Cert. Report					24
				Servicer(s)						11. Triggers and Adj. Cert. Report					24
				Servicer(s)						12. Additional Certificate Report					25
				Option One						12. Additional Certificate Report					25
				Option One


				Underwriter(s)
				Greenwich Capital Markets


										Total Number of Pages					25
										Total Number of Pages

				Dates						Contacts

				Cut-Off Date:			May 01, 2005			Nicholas Gisler
				Close Date:			May 12, 2005			Administrator
				First Distribution Date:			June 27, 2005			(714) 247-6268
										Nicholas.Gisler@db.com
										Nicholas.Gisler@db.com
										Address:
										1761 East St. Andrew Place, Santa Ana, CA 92705
				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 25
Soundview Home Equity Loan Trust 2005-OPT1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-OPT1

July 25, 2005 Distribution
Certificate Payment Report
Current Period Distribution -
					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)

I-A1		$	973,300,000.00		960,329,663.77		2,617,502.27		21,236,934.52		23,854,436.79		0.00		0.00		939,092,729.25
I-A1		$	973,300,000.00		960,329,663.77		2,617,502.27		21,236,934.52		23,854,436.79		0.00		0.00		939,092,729.25
II-A1		$	94,482,000.00		89,145,527.26		235,350.73		5,805,966.71		6,041,317.44		0.00		0.00		83,339,560.55
II-A2		$	67,248,000.00		67,248,000.00		179,631.81		0.00		179,631.81		0.00		0.00		67,248,000.00
II-A3		$	91,038,000.00		91,038,000.00		250,968.10		0.00		250,968.10		0.00		0.00		91,038,000.00
II-A4		$	36,932,000.00		36,932,000.00		103,822.66		0.00		103,822.66		0.00		0.00		36,932,000.00
M-1		$	37,500,000.00		37,500,000.00		106,294.42		0.00		106,294.42		0.00		0.00		37,500,000.00
M-2		$	66,000,000.00		66,000,000.00		193,238.17		0.00		193,238.17		0.00		0.00		66,000,000.00
M-3		$	27,750,000.00		27,750,000.00		82,327.04		0.00		82,327.04		0.00		0.00		27,750,000.00
M-4		$	17,250,000.00		17,250,000.00		51,847.10		0.00		51,847.10		0.00		0.00		17,250,000.00
M-5		$	17,250,000.00		17,250,000.00		53,859.60		0.00		53,859.60		0.00		0.00		17,250,000.00
M-6		$	22,500,000.00		22,500,000.00		73,751.65		0.00		73,751.65		0.00		0.00		22,500,000.00
M-7		$	11,250,000.00		11,250,000.00		37,750.83		0.00		37,750.83		0.00		0.00		11,250,000.00
M-8		$	15,000,000.00		15,000,000.00		59,084.43		0.00		59,084.43		0.00		0.00		15,000,000.00
M-9		$	7,500,000.00		7,500,000.00		38,292.22		0.00		38,292.22		0.00		0.00		7,500,000.00
M-10		$	7,500,000.00		7,500,000.00		38,292.22		0.00		38,292.22		0.00		0.00		7,500,000.00
C		$	7,499,900.00		7,500,000.00		4,503,270.86		0.00		4,503,270.86		0.00		0.00		7,500,000.00
P		$	100.00		100.00		347,774.18		0.00		347,774.18		0.00		0.00		100.00
R		$	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00

Total			1,500,000,000.00		1,481,693,291.03		8,973,058.29		27,042,901.23		36,015,959.52		0.00		0.00		1,454,650,389.80
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)
I-A1	06/27/05		07/24/05		A-Act/360		83611MDB1		973,300,000.00		986.673856		2.689307		21.819516		24.508822	964.854340
II-A1	06/27/05		07/24/05		A-Act/360		83611MDC9		94,482,000.00		943.518631		2.490958		61.450506		63.941464	882.068125
II-A2	06/27/05		07/24/05		A-Act/360		83611MDD7		67,248,000.00		1,000.000000		2.671184		0.000000		2.671184	1,000.000000
II-A3	06/27/05		07/24/05		A-Act/360		83611MDE5		91,038,000.00		1,000.000000		2.756740		0.000000		2.756740	1,000.000000
II-A4	06/27/05		07/24/05		A-Act/360		83611MDF2		36,932,000.00		1,000.000000		2.811184		0.000000		2.811184	1,000.000000
M-1	06/27/05		07/24/05		A-Act/360		83611MDG0		37,500,000.00		1,000.000000		2.834518		0.000000		2.834518	1,000.000000
M-2	06/27/05		07/24/05		A-Act/360		83611MDH8		66,000,000.00		1,000.000000		2.927851		0.000000		2.927851	1,000.000000
M-3	06/27/05		07/24/05		A-Act/360		83611MDJ4		27,750,000.00		1,000.000000		2.966740		0.000000		2.966740	1,000.000000
M-4	06/27/05		07/24/05		A-Act/360		83611MDK1		17,250,000.00		1,000.000000		3.005629		0.000000		3.005629	1,000.000000
M-5	06/27/05		07/24/05		A-Act/360		83611MDL9		17,250,000.00		1,000.000000		3.122296		0.000000		3.122296	1,000.000000
M-6	06/27/05		07/24/05		A-Act/360		83611MDM7		22,500,000.00		1,000.000000		3.277851		0.000000		3.277851	1,000.000000
M-7	06/27/05		07/24/05		A-Act/360		83611MDN5		11,250,000.00		1,000.000000		3.355629		0.000000		3.355629	1,000.000000
M-8	06/27/05		07/24/05		A-Act/360		83611MDP0		15,000,000.00		1,000.000000		3.938962		0.000000		3.938962	1,000.000000
M-9	06/27/05		07/24/05		A-Act/360		83611MDQ8		7,500,000.00		1,000.000000		5.105629		0.000000		5.105629	1,000.000000
M-10	06/27/05		07/24/05		A-Act/360		83611MDR6		7,500,000.00		1,000.000000		5.105629		0.000000		5.105629	1,000.000000
C	06/01/05		06/30/05		A-30/360				7,499,900.00		1,000.013334		600.444121		0.000000		600.444121	1,000.013334
P	06/01/05		06/30/05		A-30/360				100.00		1,000.000000		3,477,741.800000		0.000000		3,477,741.800000	1,000.000000
R	06/01/05		06/30/05		A-30/360				0.00		0.000000		0.000000		0.000000		0.000000	0.000000



Page 2 of 25
Soundview Home Equity Loan Trust 2005-OPT1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-OPT1

July 25, 2005 Distribution

Distribution to Date -
																	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)
I-A1	973,300,000.00		6,696,710.71		32,999,236.54		1,208,034.21		34,207,270.75		40,903,981.46		0.00		0.00		939,092,729.25
II-A1	94,482,000.00		618,055.32		10,748,274.59		394,164.86		11,142,439.45		11,760,494.77		0.00		0.00		83,339,560.55
II-A2	67,248,000.00		455,460.69		0.00		0.00		0.00		455,460.69		0.00		0.00		67,248,000.00
II-A3	91,038,000.00		637,171.53		0.00		0.00		0.00		637,171.53		0.00		0.00		91,038,000.00
II-A4	36,932,000.00		263,799.77		0.00		0.00		0.00		263,799.77		0.00		0.00		36,932,000.00
M-1	37,500,000.00		270,169.42		0.00		0.00		0.00		270,169.42		0.00		0.00		37,500,000.00
M-2	66,000,000.00		491,778.17		0.00		0.00		0.00		491,778.17		0.00		0.00		66,000,000.00
M-3	27,750,000.00		209,622.46		0.00		0.00		0.00		209,622.46		0.00		0.00		27,750,000.00
M-4	17,250,000.00		132,078.77		0.00		0.00		0.00		132,078.77		0.00		0.00		17,250,000.00
M-5	17,250,000.00		137,397.52		0.00		0.00		0.00		137,397.52		0.00		0.00		17,250,000.00
M-6	22,500,000.00		188,464.15		0.00		0.00		0.00		188,464.15		0.00		0.00		22,500,000.00
M-7	11,250,000.00		96,544.58		0.00		0.00		0.00		96,544.58		0.00		0.00		11,250,000.00
M-8	15,000,000.00		151,851.09		0.00		0.00		0.00		151,851.09		0.00		0.00		15,000,000.00
M-9	7,500,000.00		99,050.56		0.00		0.00		0.00		99,050.56		0.00		0.00		7,500,000.00
M-10	7,500,000.00		99,050.56		0.00		0.00		0.00		99,050.56		0.00		0.00		7,500,000.00
C	7,499,900.00		5,089,579.09		-96.43		-3.57		0.00		5,089,579.09		0.00		100.00		7,500,000.00
P	100.00		585,680.44		0.00		0.00		0.00		585,680.44		0.00		0.00		100.00
R	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00

Total	1,500,000,000.00		16,222,464.83		43,747,414.70		1,602,195.50		45,349,710.20		61,572,175.03		0.00		100.00		1,454,650,389.80


Interest Detail -
	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)
I-A1	3.50438%		960,329,663.77		2,617,502.27		0.00		0.00		0.00		2,617,502.27		2,617,502.27		0.00
II-A1	3.39438%		89,145,527.26		235,350.73		0.00		0.00		0.00		235,350.73		235,350.73		0.00
II-A2	3.43438%		67,248,000.00		179,631.81		0.00		0.00		0.00		179,631.81		179,631.81		0.00
II-A3	3.54438%		91,038,000.00		250,968.10		0.00		0.00		0.00		250,968.10		250,968.10		0.00
II-A4	3.61438%		36,932,000.00		103,822.66		0.00		0.00		0.00		103,822.66		103,822.66		0.00
M-1	3.64438%		37,500,000.00		106,294.42		0.00		0.00		0.00		106,294.42		106,294.42		0.00
M-2	3.76438%		66,000,000.00		193,238.17		0.00		0.00		0.00		193,238.17		193,238.17		0.00
M-3	3.81438%		27,750,000.00		82,327.04		0.00		0.00		0.00		82,327.04		82,327.04		0.00
M-4	3.86438%		17,250,000.00		51,847.10		0.00		0.00		0.00		51,847.10		51,847.10		0.00
M-5	4.01438%		17,250,000.00		53,859.60		0.00		0.00		0.00		53,859.60		53,859.60		0.00
M-6	4.21438%		22,500,000.00		73,751.65		0.00		0.00		0.00		73,751.65		73,751.65		0.00
M-7	4.31438%		11,250,000.00		37,750.83		0.00		0.00		0.00		37,750.83		37,750.83		0.00
M-8	5.06438%		15,000,000.00		59,084.43		0.00		0.00		0.00		59,084.43		59,084.43		0.00
M-9	6.56438%		7,500,000.00		38,292.22		0.00		0.00		0.00		38,292.22		38,292.22		0.00
M-10	6.56438%		7,500,000.00		38,292.22		0.00		0.00		0.00		38,292.22		38,292.22		0.00
C	720.52334%		7,500,000.00		0.00		-9,920,733.34		0.00		0.00		15,719,453.44		4,503,270.86		11,216,182.58
P	4,173,290.16000%		100.00		0.00		0.00		0.00		0.00		0.00		347,774.18		0.00
R	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00

Total			1,481,693,291.03		4,122,013.25		-9,920,733.34		0.00		0.00		19,841,466.69		8,973,058.29		11,216,182.58



Page 3 of 25
Soundview Home Equity Loan Trust 2005-OPT1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-OPT1

July 25, 2005 Distribution
Collection Account Report
SUMMARY
SUMMARY
										Group 2		Group 1		Total
Principal Collections										5,805,966.71		21,236,934.52		27,042,901.23
Principal Withrawals										0.00		0.00		0.00
Principal Other Accounts										0.00		0.00		0.00
TOTAL NET PRINCIPAL										5,805,966.71		21,236,934.52		27,042,901.23
Interest Collections										2,009,182.45		6,926,804.83		8,935,987.27
Interest Withdrawals										-0.00		-0.00		-0.00
Interest Other Accounts										0.00		347,774.18		347,774.18
Interest Fees										-64,742.90		-224,072.90		-310,703.16
TOTAL NET INTEREST										1,944,439.55		7,050,506.11		8,973,058.29
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION										7,750,406.26		28,287,440.63		36,015,959.52



PRINCIPAL - COLLECTIONS
PRINCIPAL - COLLECTIONS
											Group 2		Group 1		Total
Scheduled Principal Received											182,140.49		766,719.76		948,860.25
Curtailments											13,549.37		50,727.10		64,276.47
Prepayments In Full											5,610,276.85		20,419,487.66		26,029,764.51
Repurchased/Substitutions											0.00		0.00		0.00
Liquidations											0.00		0.00		0.00
Other Additional Principal											0.00		0.00		0.00
Delinquent Principal											-45,138.99		-164,138.59		-209,277.58
Realized Losses											-0.00		-0.00		-0.00
Advanced Principal											45,138.99		164,138.59		209,277.58
TOTAL PRINCIPAL COLLECTED											5,805,966.71		21,236,934.52		27,042,901.23


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 25
Soundview Home Equity Loan Trust 2005-OPT1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-OPT1

July 25, 2005 Distribution

INTEREST - COLLECTIONS
INTEREST - COLLECTIONS
										Group 2		Group 1		Total
Scheduled Interest										#######		6,988,463.15		9,017,594.80
Repurchased/Substitution Interest										0.00		0.00		0.00
Liquidation Interest										0.00		0.00		0.00
Other Additional Interest										0.00		0.00		0.00
Prepayment Interest Shortfalls										-5,048.78		-13,795.10		-18,843.88
Delinquent Interest										-510,855.65		-1,582,226.95		-2,093,082.60
Compensating Interest										5,048.77		13,795.09		18,843.86
Civil Relief Act Shortfalls										-0.00		-0.00		-0.00
Interest Advanced										490,906.44		1,520,568.62		2,011,475.06
TOTAL INTEREST COLLECTED										2,009,182.45		6,926,804.83		8,935,987.27


INTEREST - WITHDRAWALS
INTEREST - WITHDRAWALS
										Group 2		Group 1		Total
Interest Loss										-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														347,774.18
Withdrawl from Interest Coverage										0.00		0.00		0.00
TOTAL INTEREST OTHER ACCOUNTS										0.00		347,774.18		347,774.18



INTEREST - FEES
INTEREST - FEES
										Group 2		Group 1		Total
Current Servicing Fees										64,742.90		224,072.90		288,815.79
Trustee Fees										0.00		0.00		0.00
Credit Risk Management Fees														18,183.13
Custodian Fees														3,704.23
TOTAL INTEREST FEES										64,742.90		224,072.90		310,703.16




Page 5 of 25
Soundview Home Equity Loan Trust 2005-OPT1

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2005-OPT1

July 25, 2005 Distribution
Credit Enhancement Report
ACCOUNTS


SPACE INTENTIONALLY LEFT BLANK





INSURANCE

SPACE INTENTIONALLY LEFT BLANK



STRUCTURAL FEATURES
STRUCTURAL FEATURES
										Group 2		Group 1		Total
Overcollateralization Target Amount														7,500,000.00
Overcollateralization Amount														7,500,000.00
Excess Overcollateralized Amount														0.00
Overcollateralization Release Amount														0.00
Overcollateralization Deficiency Amount														0.00
Extra Principal distribution Amount														0.00



Page 6 of 25
Soundview Home Equity Loan Trust 2005-OPT1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-OPT1

July 25, 2005 Distribution
Collateral Report


COLLATERAL



											Group 2		Group 1		Total



Loan Count:


Original										993		7,043		8,036
Prior										976		6,975		7,951
Prefunding										0		0		0
Scheduled Paid Offs										-0		-0		-0
Full Voluntary Prepayments										-20		-103		-123
Repurchases										-0		-0		-0
Liquidations										-0		-0		-0
Current										956		6,872		7,828
Principal Balance:


Original										344,226,121.04		1,155,773,876.20		1,499,999,997.24
Prior										338,768,428.16		1,142,924,862.87		1,481,693,291.03
Prefunding										113,857,537.83		376,435,569.62		490,293,107.45
Scheduled Principal										-182,140.49		-766,719.76		-948,860.25
Partial Prepayments										-13,549.37		-50,727.10		-64,276.47
Full Voluntary Prepayments										-5,610,276.85		-20,419,487.66		-26,029,764.51
Repurchases										-0.00		-0.00		-0.00
Liquidations										-0.00		-0.00		-0.00
Current										332,962,461.45		1,121,687,928.35		1,454,650,389.80





PREFUNDING
PREFUNDING
										Group 2		Group 1		Total
Prefunding Account Original Balance										113,857,537.83		376,435,569.62		490,293,107.45
Prefunding Account Beginning Balance										113,857,537.83		376,435,569.62		490,293,107.45
Subsequent Loans Added to the Pool										113,857,537.83		376,435,569.62		490,293,107.45
Prefund Release to Certificate Holders										0.00		0.00		0.00
Prefunding Account Ending Balance										0.00		0.00		0.00
Withdrawal from Interest Coverage Account Balance										0.00		0.00		0.00




Page 7 of 25
Soundview Home Equity Loan Trust 2005-OPT1

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Mortgage Pass-Through Certificates
2005-OPT1

July 25, 2005 Distribution


CHARACTERISTICS
CHARACTERISTICS
										Group 2		Group 1		Total
Weighted Average Coupon Original										7.19262%		7.34370%		7.30904%
Weighted Average Coupon Prior										7.19262%		7.34370%		7.30904%
Weighted Average Coupon Current										7.18768%		7.33745%		7.30321%
Weighted Average Months to Maturity Original										356		355		355
Weighted Average Months to Maturity Prior										356		355		355
Weighted Average Months to Maturity Current										355		354		354
Weighted Avg Remaining Amortization Term Original										356		355		355
Weighted Avg Remaining Amortization Term Prior										356		355		355
Weighted Avg Remaining Amortization Term Current										355		354		354
Weighted Average Seasoning Original										2.63		2.62		2.62
Weighted Average Seasoning Prior										2.63		2.62		2.62
Weighted Average Seasoning Current										3.63		3.61		3.61






Page 8 of 25
Soundview Home Equity Loan Trust 2005-OPT1

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2005-OPT1

July 25, 2005 Distribution



ARM CHARACTERISTICS
ARM CHARACTERISTICS
										Group 2		Group 1		Total
Weighted Average Margin Original										5.24098%		5.34591%		5.32127%
Weighted Average Margin Prior										5.24098%		5.34591%		5.32127%
Weighted Average Margin Current										5.23519%		5.34168%		5.31673%
Weighted Average Max Rate Original										13.12627%		13.32773%		13.28042%
Weighted Average Max Rate Prior										13.12627%		13.32773%		13.28042%
Weighted Average Max Rate Current										13.12031%		13.32181%		13.27461%
Weighted Average Min Rate Original										7.09125%		7.31169%		7.25992%
Weighted Average Min Rate Prior										7.09125%		7.31169%		7.25992%
Weighted Average Min Rate Current										7.08865%		7.30558%		7.25477%
Weighted Average Cap Up Original										1.01214%		1.00669%		1.00797%
Weighted Average Cap Up Prior										1.01214%		1.00669%		1.00797%
Weighted Average Cap Up Current										1.01232%		1.00676%		1.00807%
Weighted Average Cap Down Original										1.01214%		1.00669%		1.00797%
Weighted Average Cap Down Prior										1.01214%		1.00669%		1.00797%
Weighted Average Cap Down Current										1.01232%		1.00676%		1.00807%





Page 9 of 25
Soundview Home Equity Loan Trust 2005-OPT1

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Mortgage Pass-Through Certificates
2005-OPT1

July 25, 2005 Distribution

SERVICING FEES & ADVANCES

											Group 2		Group 1		Total




Current Servicing Fees										64,742.90		224,072.90		288,815.79
Delinquent Servicing Fees										19,949.21		61,658.33		81,607.54
TOTAL SERVICING FEES										84,692.10		285,731.23		370,423.33


Total Servicing Fees										84,692.10		285,731.23		370,423.33
Compensating Interest										-5,048.77		-13,795.09		-18,843.86
Delinquent Servicing Fees										-19,949.21		-61,658.33		-81,607.54
COLLECTED SERVICING FEES										59,694.13		210,277.81		269,971.94


Total Advaced Interest										490,906.44		1,520,568.62		2,011,475.06
Total Advaced Principal										45,138.99		164,138.59		209,277.58
Aggregate Advances with respect to this Distribution										536,045.42		1,684,707.22		2,220,752.64





ADDITIONAL COLLATERAL INFORMATION
										Group 2		Group 1		Total
Prepayment Interest Shortfall (PPIS)										5,048.78		13,795.10		18,843.88
Compensating Interest										-5,048.77		-13,795.09		-18,843.86
Net Prepayment Interest Shortfall (PPIS)										0.00		0.00		0.00

Weighted Average Net Mortgage Rate										6.887677%		7.402593%

Libor For Current Period														3.3144%

Libor For Next Period														3.4600%



Page 10 of 25
Soundview Home Equity Loan Trust 2005-OPT1

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Mortgage Pass-Through Certificates
2005-OPT1

July 25, 2005 Distribution
Delinquency Report

	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				2,062,143.98		1,034,246.16		0.00		3,096,390.14
			% Balance				0.14%		0.07%		0.00%		0.21%
			# Loans				12		4		0		16
			% # Loans				0.15%		0.05%		0.00%		0.20%
	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		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		2,062,143.98		1,034,246.16		0.00		3,096,390.14
			% Balance		0.00%		0.14%		0.07%		0.00%		0.21%
			# Loans		0		12		4		0		16
			% # Loans		0.00%		0.15%		0.05%		0.00%		0.20%









Page 11 of 25
Soundview Home Equity Loan Trust 2005-OPT1

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Mortgage Pass-Through Certificates
2005-OPT1

July 25, 2005 Distribution


	GROUP 1
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				1,703,921.63		180,039.99		0.00		1,883,961.62
			% Balance				0.15%		0.02%		0.00%		0.17%
			# Loans				11		2		0		13
			% # Loans				0.16%		0.03%		0.00%		0.19%
	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		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		1,703,921.63		180,039.99		0.00		1,883,961.62
			% Balance		0.00%		0.15%		0.02%		0.00%		0.17%
			# Loans		0		11		2		0		13
			% # Loans		0.00%		0.16%		0.03%		0.00%		0.19%










Page 12 of 25
Soundview Home Equity Loan Trust 2005-OPT1

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Mortgage Pass-Through Certificates
2005-OPT1

July 25, 2005 Distribution

	GROUP 2
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				358,222.35		854,206.17		0.00		1,212,428.52
			% Balance				0.11%		0.26%		0.00%		0.36%
			# Loans				1		2		0		3
			% # Loans				0.10%		0.21%		0.00%		0.31%
	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		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		358,222.35		854,206.17		0.00		1,212,428.52
			% Balance		0.00%		0.11%		0.26%		0.00%		0.36%
			# Loans		0		1		2		0		3
			% # Loans		0.00%		0.10%		0.21%		0.00%		0.31%









Page 13 of 25
Soundview Home Equity Loan Trust 2005-OPT1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-OPT1

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




TOTAL


Page 14 of 25
Soundview Home Equity Loan Trust 2005-OPT1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-OPT1

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




TOTAL


Page 15 of 25
Soundview Home Equity Loan Trust 2005-OPT1

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Mortgage Pass-Through Certificates
2005-OPT1

July 25, 2005 Distribution
Prepayment Report

VOLUNTARY PREPAYMENTS
VOLUNTARY PREPAYMENTS

											Group 2		Group 1		Total




Current


Number of Paid in Full Loans										20		103		123
Number of Repurchased Loans										0		0		0
Total Number of Loans Prepaid in Full										20		103		123
Curtailments Amount										13,549.37		50,727.10		64,276.47
Paid in Full Balance										5,610,276.85		20,419,487.66		26,029,764.51
Repurchased Loans Balance										0.00		0.00		0.00
Total Prepayment Amount										5,623,826.22		20,470,214.76		26,094,040.98

Cumulative


Number of Paid in Full Loans										37		171		208
Number of Repurchased Loans										0		0		0
Total Number of Loans Prepaid in Full										37		171		208
Paid in Full Balance										10,791,657.12		32,762,499.78		43,554,156.90
Repurchased Loans Balance										0.00		0.00		0.00
Curtailments Amount										45,189.74		148,065.30		193,255.04
Total Prepayment Amount										10,836,846.86		32,910,565.08		43,747,411.94










Page 16 of 25
Soundview Home Equity Loan Trust 2005-OPT1

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Mortgage Pass-Through Certificates
2005-OPT1

July 25, 2005 Distribution

VOLUNTARY PREPAYMENTS RATES
VOLUNTARY PREPAYMENTS RATES

											Group 2		Group 1		Total



SMM										1.66%		1.79%		1.76%
3 Months Avg SMM										1.59%		1.44%		1.47%
12 Months Avg SMM										1.59%		1.44%		1.47%
Avg SMM Since Cut-off										1.59%		1.44%		1.47%


CPR										18.21%		19.51%		19.21%
3 Months Avg CPR										17.48%		15.93%		16.28%
12 Months Avg CPR										17.48%		15.93%		16.28%
Avg CPR Since Cut-off										17.48%		15.93%		16.28%


PSA										2,506.79%		2,704.22%		2,659.06%
3 Months Avg PSA Approximation										2,789.31%		2,557.78%		2,611.50%
12 Months Avg PSA Approximation										2,789.31%		2,557.78%		2,611.50%
Avg PSA Since Cut-off Approximation										2,789.31%		2,557.78%		2,611.50%










Page 17 of 25
Soundview Home Equity Loan Trust 2005-OPT1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-OPT1

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 18 of 25
Soundview Home Equity Loan Trust 2005-OPT1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-OPT1

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

11072858 2			399,920.00		399,688.13			28-Jun-2005		5.740%		CA - 79.95%		Paid Off - 360		01-Mar-2005
			399,920.00

11073274 1			125,000.00		124,647.22			30-Jun-2005		7.800%		CA - 70.47%		Paid Off - 360		01-Mar-2005
11073274 1					124,647.22			30-Jun-2005		7.800%		CA - 70.47%		Paid Off - 360		01-Mar-2005
11073392 1			195,920.00		195,920.00			05-Jul-2005		7.300%		CA - 80.00%		Paid Off - 360		01-Mar-2005
11073392 1					195,920.00			05-Jul-2005		7.300%		CA - 80.00%		Paid Off - 360		01-Mar-2005
11073919 2			402,300.00		402,300.00			01-Jul-2005		7.650%		CA - 90.00%		Paid Off - 360		01-May-2005
11073919 2					402,300.00			01-Jul-2005		7.650%		CA - 90.00%		Paid Off - 360		01-May-2005
11074852 2			112,000.00		111,956.68			29-Jun-2005		10.625%		CA - 99.99%		Paid Off - 360		01-Jun-2005
11074852 2					111,956.68			29-Jun-2005		10.625%		CA - 99.99%		Paid Off - 360		01-Jun-2005
21061482 2			75,000.00		74,707.01			24-Jun-2005		8.050%		CA - 61.18%		Paid Off - 360		01-Feb-2005
21061482 2					74,707.01			24-Jun-2005		8.050%		CA - 61.18%		Paid Off - 360		01-Feb-2005
21062054 1			132,800.00		132,800.00			11-Jul-2005		6.800%		CA - 80.00%		Paid Off - 360		01-Mar-2005
21062054 1					132,800.00			11-Jul-2005		6.800%		CA - 80.00%		Paid Off - 360		01-Mar-2005
21062353 2			202,000.00		201,446.52			28-Jun-2005		6.475%		CA - 60.37%		Paid Off - 360		01-Apr-2005
21062353 2					201,446.52			28-Jun-2005		6.475%		CA - 60.37%		Paid Off - 360		01-Apr-2005
21062409 1			360,000.00		360,000.00			06-Jul-2005		7.350%		HI - 87.80%		Paid Off - 360		01-Apr-2005
21062409 1					360,000.00			06-Jul-2005		7.350%		HI - 87.80%		Paid Off - 360		01-Apr-2005
21062871 1			300,000.00		299,999.00			08-Jul-2005		6.250%		CA - 50.00%		Paid Off - 360		01-Apr-2005
21062871 1					299,999.00			08-Jul-2005		6.250%		CA - 50.00%		Paid Off - 360		01-Apr-2005
31030857 1			315,000.00		314,135.69			05-Jul-2005		9.050%		CA - 67.59%		Paid Off - 360		01-Feb-2005
31030857 1					314,135.69			05-Jul-2005		9.050%		CA - 67.59%		Paid Off - 360		01-Feb-2005
31031080 1			122,100.00		121,732.47			06-Jul-2005		8.600%		CA - 76.08%		Paid Off - 360		01-Feb-2005
31031080 1					121,732.47			06-Jul-2005		8.600%		CA - 76.08%		Paid Off - 360		01-Feb-2005
31031943 1			265,500.00		265,500.00			11-Jul-2005		7.250%		CA - 90.00%		Paid Off - 360		01-Mar-2005
31031943 1					265,500.00			11-Jul-2005		7.250%		CA - 90.00%		Paid Off - 360		01-Mar-2005
31033017 1			228,750.00		228,496.54			30-Jun-2005		8.950%		CA - 74.96%		Paid Off - 360		01-May-2005
31033017 1					228,496.54			30-Jun-2005		8.950%		CA - 74.96%		Paid Off - 360		01-May-2005
31033228 1			175,000.00		175,000.00			01-Jul-2005		7.440%		CA - 53.03%		Paid Off - 360		01-May-2005
31033228 1					175,000.00			01-Jul-2005		7.440%		CA - 53.03%		Paid Off - 360		01-May-2005
41063923 1			164,350.00		163,994.30			22-Jun-2005		9.100%		IL - 94.85%		Paid Off - 360		01-Mar-2005
41063923 1					163,994.30			22-Jun-2005		9.100%		IL - 94.85%		Paid Off - 360		01-Mar-2005
41064388 1			161,250.00		160,910.24			06-Jul-2005		9.550%		IL - 74.88%		Paid Off - 360		01-Mar-2005
41064388 1					160,910.24			06-Jul-2005		9.550%		IL - 74.88%		Paid Off - 360		01-Mar-2005
41064472 1			198,000.00		197,485.71			16-Jun-2005		6.750%		IL - 89.84%		Paid Off - 360		01-Apr-2005
41064472 1					197,485.71			16-Jun-2005		6.750%		IL - 89.84%		Paid Off - 360		01-Apr-2005
41065102 1			96,000.00		95,860.20			13-Jul-2005		9.600%		IL - 79.92%		Paid Off - 360		01-Apr-2005
41065102 1					95,860.20			13-Jul-2005		9.600%		IL - 79.92%		Paid Off - 360		01-Apr-2005
41065525 1			157,250.00		157,021.17			11-Jul-2005		7.700%		IL - 84.88%		Paid Off - 360		01-May-2005
41065525 1					157,021.17			11-Jul-2005		7.700%		IL - 84.88%		Paid Off - 360		01-May-2005
41065564 1			224,000.00		223,585.98			24-Jun-2005		6.400%		IL - 79.85%		Paid Off - 360		01-May-2005
41065564 1					223,585.98			24-Jun-2005		6.400%		IL - 79.85%		Paid Off - 360		01-May-2005
51055241 1			120,060.00		119,810.71			07-Jul-2005		9.300%		AL - 86.87%		Paid Off - 360		01-Mar-2005
51055241 1					119,810.71			07-Jul-2005		9.300%		AL - 86.87%		Paid Off - 360		01-Mar-2005
51056089 1			182,400.00		182,055.77			27-Jun-2005		8.350%		GA - 79.90%		Paid Off - 360		01-Apr-2005
51056089 1					182,055.77			27-Jun-2005		8.350%		GA - 79.90%		Paid Off - 360		01-Apr-2005
61057219 1			199,500.00		199,111.01			30-Jun-2005		8.190%		PA - 94.88%		Paid Off - 360		01-Apr-2005
61057219 1					199,111.01			30-Jun-2005		8.190%		PA - 94.88%		Paid Off - 360		01-Apr-2005
71064866 1			108,800.00		108,673.04			28-Jun-2005		8.700%		FL - 89.83%		Paid Off - 360		01-May-2005
71064866 1					108,673.04			28-Jun-2005		8.700%		FL - 89.83%		Paid Off - 360		01-May-2005
81054067 2			108,375.00		108,124.86			14-Jul-2005		7.350%		VA - 74.88%		Paid Off - 360		01-Apr-2005
81054067 2					108,124.86			14-Jul-2005		7.350%		VA - 74.88%		Paid Off - 360		01-Apr-2005
81054161 1			136,000.00		135,798.28			17-Jun-2005		7.640%		VA - 58.58%		Paid Off - 360		01-May-2005
81054161 1					135,798.28			17-Jun-2005		7.640%		VA - 58.58%		Paid Off - 360		01-May-2005
121037151 1			346,500.00		345,588.74			27-Jun-2005		8.150%		WI - 89.82%		Paid Off - 360		01-Mar-2005
121037151 1					345,588.74			27-Jun-2005		8.150%		WI - 89.82%		Paid Off - 360		01-Mar-2005
121038611 2			87,750.00		87,620.38			21-Jun-2005		7.540%		WI - 64.95%		Paid Off - 360		01-May-2005
121038611 2					87,620.38			21-Jun-2005		7.540%		WI - 64.95%		Paid Off - 360		01-May-2005
131030598 1			74,400.00		74,276.25			08-Jul-2005		10.350%		OH - 79.90%		Paid Off - 360		01-Mar-2005
131030598 1					74,276.25			08-Jul-2005		10.350%		OH - 79.90%		Paid Off - 360		01-Mar-2005
141044289 1			336,000.00		334,996.86			01-Jul-2005		8.640%		NY - 79.81%		Paid Off - 360		01-Feb-2005
141044289 1					334,996.86			01-Jul-2005		8.640%		NY - 79.81%		Paid Off - 360		01-Feb-2005
141044539 1			180,000.00		179,601.43			06-Jul-2005		8.990%		NJ - 99.83%		Paid Off - 360		01-Mar-2005
141044539 1					179,601.43			06-Jul-2005		8.990%		NJ - 99.83%		Paid Off - 360		01-Mar-2005
141044613 1			330,000.00		328,906.37			20-Jun-2005		6.990%		NY - 72.27%		Paid Off - 360		01-Mar-2005
141044613 1					328,906.37			20-Jun-2005		6.990%		NY - 72.27%		Paid Off - 360		01-Mar-2005
151027690 1			289,300.00		288,651.85			17-Jun-2005		7.500%		MD - 76.02%		Paid Off - 360		01-Apr-2005
151027690 1					288,651.85			17-Jun-2005		7.500%		MD - 76.02%		Paid Off - 360		01-Apr-2005
161038727 1			215,000.00		214,032.74			23-Jun-2005		5.600%		MA - 72.65%		Paid Off - 360		01-Mar-2005
161038727 1					214,032.74			23-Jun-2005		5.600%		MA - 72.65%		Paid Off - 360		01-Mar-2005
161039387 1			160,000.00		159,438.89			01-Jul-2005		7.350%		MA - 70.29%		Paid Off - 360		01-Mar-2005
161039387 1					159,438.89			01-Jul-2005		7.350%		MA - 70.29%		Paid Off - 360		01-Mar-2005
161039516 1			100,000.00		99,284.78			28-Jun-2005		8.550%		MA - 38.36%		Paid Off - 360		01-Apr-2005
161039516 1					99,284.78					8.550%		MA - 38.36%		Paid Off - 360


Page 19 of 25
Soundview Home Equity Loan Trust 2005-OPT1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-OPT1

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

191023067 2			87,550.00		87,372.24			27-Jun-2005		7.990%		TN - 84.89%		Paid Off - 360		01-Apr-2005
			87,550.00

191023178 1			336,000.00		334,920.92			11-Jul-2005		7.150%		CA - 69.83%		Paid Off - 360		01-Mar-2005
191023178 1					334,920.92			11-Jul-2005		7.150%		CA - 69.83%		Paid Off - 360		01-Mar-2005
211026086 1			335,750.00		334,884.74			23-Jun-2005		8.250%		VA - 84.84%		Paid Off - 360		01-Mar-2005
211026086 1					334,884.74			23-Jun-2005		8.250%		VA - 84.84%		Paid Off - 360		01-Mar-2005
211026255 1			320,000.00		319,240.02			11-Jul-2005		8.650%		MD - 79.86%		Paid Off - 360		01-Mar-2005
211026255 1					319,240.02			11-Jul-2005		8.650%		MD - 79.86%		Paid Off - 360		01-Mar-2005
211027709 1			200,800.00		200,392.27			21-Jun-2005		7.990%		VA - 79.89%		Paid Off - 360		01-Apr-2005
211027709 1					200,392.27			21-Jun-2005		7.990%		VA - 79.89%		Paid Off - 360		01-Apr-2005
231058441 1			205,000.00		204,293.50			22-Jun-2005		7.940%		RI - 77.44%		Paid Off - 360		01-Feb-2005
231058441 1					204,293.50			22-Jun-2005		7.940%		RI - 77.44%		Paid Off - 360		01-Feb-2005
231061309 1			145,000.00		144,698.96			13-Jul-2005		9.300%		MD - 67.34%		Paid Off - 360		01-Mar-2005
231061309 1					144,698.96			13-Jul-2005		9.300%		MD - 67.34%		Paid Off - 360		01-Mar-2005
231061656 1			335,200.00		334,370.91			08-Jul-2005		7.000%		MA - 79.87%		Paid Off - 360		01-Apr-2005
231061656 1					334,370.91			08-Jul-2005		7.000%		MA - 79.87%		Paid Off - 360		01-Apr-2005
231061698 1			141,750.00		141,325.23			16-Jun-2005		7.500%		NJ - 74.83%		Paid Off - 360		01-Mar-2005
231061698 1					141,325.23			16-Jun-2005		7.500%		NJ - 74.83%		Paid Off - 360		01-Mar-2005
231062053 1			190,000.00		189,509.36			14-Jul-2005		8.240%		NJ - 79.01%		Paid Off - 360		01-Mar-2005
231062053 1					189,509.36			14-Jul-2005		8.240%		NJ - 79.01%		Paid Off - 360		01-Mar-2005
231062783 1			413,000.00		412,265.67			05-Jul-2005		6.600%		MA - 79.81%		Paid Off - 360		01-May-2005
231062783 1					412,265.67			05-Jul-2005		6.600%		MA - 79.81%		Paid Off - 360		01-May-2005
261051220 1			73,000.00		72,591.39			01-Jul-2005		8.400%		FL - 56.00%		Paid Off - 180		01-May-2005
261051220 1					72,591.39			01-Jul-2005		8.400%		FL - 56.00%		Paid Off - 180		01-May-2005
271018944 1			262,500.00		261,495.91			29-Jun-2005		6.250%		NV - 69.80%		Paid Off - 360		01-Mar-2005
271018944 1					261,495.91			29-Jun-2005		6.250%		NV - 69.80%		Paid Off - 360		01-Mar-2005
271019116 1			189,000.00		188,261.17			08-Jul-2005		7.300%		NY - 69.78%		Paid Off - 360		01-Feb-2005
271019116 1					188,261.17			08-Jul-2005		7.300%		NY - 69.78%		Paid Off - 360		01-Feb-2005
291000113 1			175,400.00		175,151.60			05-Jul-2005		7.750%		FL - 69.01%		Paid Off - 360		01-May-2005
291000113 1					175,151.60			05-Jul-2005		7.750%		FL - 69.01%		Paid Off - 360		01-May-2005
311025952 1			224,000.00		223,086.78			28-Jun-2005		7.200%		NJ - 69.78%		Paid Off - 360		01-Feb-2005
311025952 1					223,086.78			28-Jun-2005		7.200%		NJ - 69.78%		Paid Off - 360		01-Feb-2005
311026215 1			200,000.00		199,457.82			28-Jun-2005		8.000%		NJ - 73.92%		Paid Off - 360		01-Mar-2005
311026215 1					199,457.82			28-Jun-2005		8.000%		NJ - 73.92%		Paid Off - 360		01-Mar-2005
311026845 1			120,000.00		119,922.69			27-Jun-2005		8.200%		NJ - 79.95%		Paid Off - 360		01-Jun-2005
311026845 1					119,922.69			27-Jun-2005		8.200%		NJ - 79.95%		Paid Off - 360		01-Jun-2005
311026868 1			135,000.00		134,908.50			22-Jun-2005		7.950%		FL - 74.54%		Paid Off - 360		01-Jun-2005
311026868 1					134,908.50			22-Jun-2005		7.950%		FL - 74.54%		Paid Off - 360		01-Jun-2005
311026975 2			475,000.00		474,561.34			20-Jun-2005		6.390%		NJ - 94.91%		Paid Off - 360		01-Jun-2005
311026975 2					474,561.34			20-Jun-2005		6.390%		NJ - 94.91%		Paid Off - 360		01-Jun-2005
331033800 2			383,920.00		382,229.70			16-Jun-2005		5.650%		NY - 79.73%		Paid Off - 360		01-Mar-2005
331033800 2					382,229.70			16-Jun-2005		5.650%		NY - 79.73%		Paid Off - 360		01-Mar-2005
331034849 2			205,000.00		204,778.23			28-Jun-2005		10.990%		NY - 69.54%		Paid Off - 360		01-Apr-2005
331034849 2					204,778.23			28-Jun-2005		10.990%		NY - 69.54%		Paid Off - 360		01-Apr-2005
341022667 1			273,540.00		272,862.09			21-Jun-2005		6.990%		SC - 94.84%		Paid Off - 360		01-Apr-2005
341022667 1					272,862.09			21-Jun-2005		6.990%		SC - 94.84%		Paid Off - 360		01-Apr-2005
341023808 1			50,575.00		50,502.77			24-Jun-2005		8.950%		NC - 84.88%		Paid Off - 360		01-May-2005
341023808 1					50,502.77			24-Jun-2005		8.950%		NC - 84.88%		Paid Off - 360		01-May-2005
351023930 1			100,000.00		99,871.73			28-Jun-2005		11.550%		TX - 79.92%		Paid Off - 360		01-Mar-2005
351023930 1					99,871.73			28-Jun-2005		11.550%		TX - 79.92%		Paid Off - 360		01-Mar-2005
351024592 1			248,000.00		247,575.93			01-Jul-2005		6.800%		TX - 79.93%		Paid Off - 360		01-May-2005
351024592 1					247,575.93			01-Jul-2005		6.800%		TX - 79.93%		Paid Off - 360		01-May-2005
361023041 1			76,000.00		75,806.10			29-Jun-2005		8.300%		MI - 79.85%		Paid Off - 360		01-Mar-2005
361023041 1					75,806.10			29-Jun-2005		8.300%		MI - 79.85%		Paid Off - 360		01-Mar-2005
371023690 1			176,000.00		175,521.93			30-Jun-2005		7.990%		FL - 79.84%		Paid Off - 360		01-Mar-2005
371023690 1					175,521.93			30-Jun-2005		7.990%		FL - 79.84%		Paid Off - 360		01-Mar-2005
371023739 1			215,100.00		214,567.78			07-Jul-2005		8.450%		FL - 89.83%		Paid Off - 360		01-Mar-2005
371023739 1					214,567.78			07-Jul-2005		8.450%		FL - 89.83%		Paid Off - 360		01-Mar-2005
371025330 2			136,016.00		135,878.80			24-Jun-2005		9.400%		FL - 94.90%		Paid Off - 360		01-May-2005
371025330 2					135,878.80			24-Jun-2005		9.400%		FL - 94.90%		Paid Off - 360		01-May-2005
381019403 1			347,000.00		345,850.03			16-Jun-2005		6.990%		MA - 76.92%		Paid Off - 360		01-Mar-2005
381019403 1					345,850.03			16-Jun-2005		6.990%		MA - 76.92%		Paid Off - 360		01-Mar-2005
381019413 1			157,000.00		156,709.61			07-Jul-2005		9.850%		MA - 62.97%		Paid Off - 360		01-Mar-2005
381019413 1					156,709.61			07-Jul-2005		9.850%		MA - 62.97%		Paid Off - 360		01-Mar-2005
381020395 1			157,100.00		156,829.07			21-Jun-2005		6.850%		NY - 74.68%		Paid Off - 360		01-May-2005
381020395 1					156,829.07			21-Jun-2005		6.850%		NY - 74.68%		Paid Off - 360		01-May-2005
381020902 1			199,750.00		199,597.25			15-Jul-2005		7.350%		CT - 84.94%		Paid Off - 360		01-Jun-2005
381020902 1					199,597.25			15-Jul-2005		7.350%		CT - 84.94%		Paid Off - 360		01-Jun-2005
391011351 1			80,000.00		79,888.96			07-Jul-2005		7.850%		TN - 45.68%		Paid Off - 360		01-May-2005
391011351 1					79,888.96			07-Jul-2005		7.850%		TN - 45.68%		Paid Off - 360		01-May-2005
521023503 1			154,375.00		154,101.01			01-Jul-2005		8.650%		IL - 94.89%		Paid Off - 360		01-Apr-2005
521023503 1					154,101.01			01-Jul-2005		8.650%		IL - 94.89%		Paid Off - 360		01-Apr-2005
561001923 1			207,488.00		207,329.33			17-Jun-2005		7.350%		FL - 94.93%		Paid Off - 360		01-Jun-2005
561001923 1					207,329.33			17-Jun-2005		7.350%		FL - 94.93%		Paid Off - 360		01-Jun-2005
561002050 1			180,000.00		179,738.59			11-Jul-2005		5.400%		FL - 66.69%		Paid Off - 360		01-Jun-2005
561002050 1					179,738.59					5.400%		FL - 66.69%		Paid Off - 360


Page 20 of 25
Soundview Home Equity Loan Trust 2005-OPT1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-OPT1

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

611013071 1			198,000.00		196,956.67			30-Jun-2005		6.850%		NY - 74.68%		Paid Off - 360		01-Jan-2005
			198,000.00

611014565 1			328,500.00		327,577.95			30-Jun-2005		6.350%		NY - 89.83%		Paid Off - 360		01-Apr-2005
611014565 1					327,577.95			30-Jun-2005		6.350%		NY - 89.83%		Paid Off - 360		01-Apr-2005
611015312 1			97,600.00		97,517.81			30-Jun-2005		10.250%		NY - 79.98%		Paid Off - 360		01-May-2005
611015312 1					97,517.81			30-Jun-2005		10.250%		NY - 79.98%		Paid Off - 360		01-May-2005
611015740 1			307,800.00		307,545.20			16-Jun-2005		6.950%		NY - 89.93%		Paid Off - 360		01-Jun-2005
611015740 1					307,545.20			16-Jun-2005		6.950%		NY - 89.93%		Paid Off - 360		01-Jun-2005
621006739 1			191,250.00		190,850.54			21-Jun-2005		7.850%		FL - 84.88%		Paid Off - 360		01-Apr-2005
621006739 1					190,850.54			21-Jun-2005		7.850%		FL - 84.88%		Paid Off - 360		01-Apr-2005
621007086 1			119,000.00		118,852.30			30-Jun-2005		8.400%		FL - 84.95%		Paid Off - 360		01-May-2005
621007086 1					118,852.30			30-Jun-2005		8.400%		FL - 84.95%		Paid Off - 360		01-May-2005
631005888 1			297,000.00		297,000.00			15-Jul-2005		6.650%		CA - 90.00%		Paid Off - 360		01-Mar-2005
631005888 1					297,000.00			15-Jul-2005		6.650%		CA - 90.00%		Paid Off - 360		01-Mar-2005
631005974 1			250,800.00		250,076.44			27-Jun-2005		7.690%		CA - 75.84%		Paid Off - 360		01-Mar-2005
631005974 1					250,076.44			27-Jun-2005		7.690%		CA - 75.84%		Paid Off - 360		01-Mar-2005
631006244 1			276,250.00		275,496.72			30-Jun-2005		6.500%		CA - 84.85%		Paid Off - 360		01-Apr-2005
631006244 1					275,496.72			30-Jun-2005		6.500%		CA - 84.85%		Paid Off - 360		01-Apr-2005
641008465 1			165,900.00		165,813.99			08-Jul-2005		9.250%		AR - 69.96%		Paid Off - 360		01-Jun-2005
641008465 1					165,813.99			08-Jul-2005		9.250%		AR - 69.96%		Paid Off - 360		01-Jun-2005
651007278 1			120,000.00		119,480.91			20-Jun-2005		7.150%		SC - 79.75%		Paid Off - 360		01-Mar-2005
651007278 1					119,480.91			20-Jun-2005		7.150%		SC - 79.75%		Paid Off - 360		01-Mar-2005
651007889 1			111,500.00		111,237.35			12-Jul-2005		8.690%		GA - 89.76%		Paid Off - 360		01-Mar-2005
651007889 1					111,237.35			12-Jul-2005		8.690%		GA - 89.76%		Paid Off - 360		01-Mar-2005
651009268 2			616,000.00		615,504.95			12-Jul-2005		7.100%		VA - 79.94%		Paid Off - 360		01-Jun-2005
651009268 2					615,504.95			12-Jul-2005		7.100%		VA - 79.94%		Paid Off - 360		01-Jun-2005
661004507 2			392,000.00		392,000.00			17-Jun-2005		8.600%		CA - 79.19%		Paid Off - 360		01-Mar-2005
661004507 2					392,000.00			17-Jun-2005		8.600%		CA - 79.19%		Paid Off - 360		01-Mar-2005
661004522 1			268,000.00		268,000.00			05-Jul-2005		5.990%		CA - 80.00%		Paid Off - 360		01-May-2005
661004522 1					268,000.00			05-Jul-2005		5.990%		CA - 80.00%		Paid Off - 360		01-May-2005
661004680 1			110,000.00		109,394.04			08-Jul-2005		6.450%		CA - 54.21%		Paid Off - 360		01-Mar-2005
661004680 1					109,394.04			08-Jul-2005		6.450%		CA - 54.21%		Paid Off - 360		01-Mar-2005
661004914 1			182,700.00		182,354.49			28-Jun-2005		8.340%		CA - 69.91%		Paid Off - 360		01-Apr-2005
661004914 1					182,354.49			28-Jun-2005		8.340%		CA - 69.91%		Paid Off - 360		01-Apr-2005
661004954 1			232,000.00		232,000.00			14-Jul-2005		7.500%		CA - 85.93%		Paid Off - 360		01-Apr-2005
661004954 1					232,000.00			14-Jul-2005		7.500%		CA - 85.93%		Paid Off - 360		01-Apr-2005
661005589 1			185,500.00		185,159.47			24-Jun-2005		6.625%		CA - 74.13%		Paid Off - 360		01-May-2005
661005589 1					185,159.47			24-Jun-2005		6.625%		CA - 74.13%		Paid Off - 360		01-May-2005
671002866 2			373,000.00		373,000.00			16-Jun-2005		5.850%		CA - 81.98%		Paid Off - 360		01-Apr-2005
671002866 2					373,000.00			16-Jun-2005		5.850%		CA - 81.98%		Paid Off - 360		01-Apr-2005
681004180 1			240,000.00		239,222.28			05-Jul-2005		7.450%		MA - 79.82%		Paid Off - 360		01-Mar-2005
681004180 1					239,222.28			05-Jul-2005		7.450%		MA - 79.82%		Paid Off - 360		01-Mar-2005
681004996 1			80,000.00		79,863.76			28-Jun-2005		8.850%		ME - 18.16%		Paid Off - 360		01-Apr-2005
681004996 1					79,863.76			28-Jun-2005		8.850%		ME - 18.16%		Paid Off - 360		01-Apr-2005
681005386 1			204,000.00		203,691.35			22-Jun-2005		7.500%		MA - 79.88%		Paid Off - 360		01-May-2005
681005386 1					203,691.35			22-Jun-2005		7.500%		MA - 79.88%		Paid Off - 360		01-May-2005
681005413 1			232,000.00		231,732.08			05-Jul-2005		8.750%		ME - 79.95%		Paid Off - 360		01-May-2005
681005413 1					231,732.08			05-Jul-2005		8.750%		ME - 79.95%		Paid Off - 360		01-May-2005
691001947 2			200,200.00		199,833.61			01-Jul-2005		9.900%		MD - 64.91%		Paid Off - 360		01-Mar-2005
691001947 2					199,833.61			01-Jul-2005		9.900%		MD - 64.91%		Paid Off - 360		01-Mar-2005
691002327 1			266,700.00		266,066.60			08-Jul-2005		8.650%		MD - 69.88%		Paid Off - 360		01-Mar-2005
691002327 1					266,066.60			08-Jul-2005		8.650%		MD - 69.88%		Paid Off - 360		01-Mar-2005
691002357 1			225,600.00		225,036.07			11-Jul-2005		8.400%		MD - 79.85%		Paid Off - 360		01-Mar-2005
691002357 1					225,036.07			11-Jul-2005		8.400%		MD - 79.85%		Paid Off - 360		01-Mar-2005
701000142 2			375,000.00		373,997.09			12-Jul-2005		6.600%		CA - 68.68%		Paid Off - 360		01-Apr-2005
701000142 2					373,997.09			12-Jul-2005		6.600%		CA - 68.68%		Paid Off - 360		01-Apr-2005
701000559 1			327,250.00		327,007.13			23-Jun-2005		7.500%		CA - 84.94%		Paid Off - 360		01-Jun-2005
701000559 1					327,007.13			23-Jun-2005		7.500%		CA - 84.94%		Paid Off - 360		01-Jun-2005
731009548 1			#######		131,839.49			17-Jun-2005		8.500%		MD - 77.60%		Paid Off - 360		01-May-2005
731009548 1					131,839.49			17-Jun-2005		8.500%		MD - 77.60%		Paid Off - 360		01-May-2005
731009628 1			101,250.00		101,154.13			01-Jul-2005		9.700%		MD - 73.87%		Paid Off - 360		01-May-2005
731009628 1					101,154.13			01-Jul-2005		9.700%		MD - 73.87%		Paid Off - 360		01-May-2005
741009176 1			160,000.00		159,506.05			13-Jul-2005		7.350%		FL - 87.23%		Paid Off - 360		01-Mar-2005
741009176 1					159,506.05			13-Jul-2005		7.350%		FL - 87.23%		Paid Off - 360		01-Mar-2005
761006590 1			176,000.00		175,389.44			08-Jul-2005		7.900%		IL - 81.63%		Paid Off - 360		01-Feb-2005
761006590 1					175,389.44			08-Jul-2005		7.900%		IL - 81.63%		Paid Off - 360		01-Feb-2005
761007343 1			110,500.00		110,327.89			06-Jul-2005		9.280%		IL - 88.31%		Paid Off - 360		01-Apr-2005
761007343 1					110,327.89			06-Jul-2005		9.280%		IL - 88.31%		Paid Off - 360		01-Apr-2005
761009296 1			224,400.00		224,304.88			06-Jul-2005		10.200%		IL - 87.96%		Paid Off - 360		01-Jun-2005
761009296 1					224,304.88			06-Jul-2005		10.200%		IL - 87.96%		Paid Off - 360		01-Jun-2005
831033443 1			332,500.00		332,500.00			05-Jul-2005		6.750%		CA - 95.00%		Paid Off - 360		01-Jan-2005
831033443 1					332,500.00			05-Jul-2005		6.750%		CA - 95.00%		Paid Off - 360		01-Jan-2005
831033486 1			185,000.00		184,171.48			22-Jun-2005		7.550%		CA - 73.72%		Paid Off - 360		01-Jan-2005
831033486 1					184,171.48			22-Jun-2005		7.550%		CA - 73.72%		Paid Off - 360		01-Jan-2005
831034950 1			182,750.00		182,001.92			24-Jun-2005		8.000%		CA - 84.71%		Paid Off - 360		01-Jan-2005
831034950 1					182,001.92					8.000%		CA - 84.71%		Paid Off - 360


Page 21 of 25
Soundview Home Equity Loan Trust 2005-OPT1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-OPT1

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

831037911 1			236,000.00		236,000.00			30-Jun-2005		7.250%		CA - 80.00%		Paid Off - 360		01-Mar-2005
			236,000.00

831038458 1			231,920.00		231,066.35			28-Jun-2005		6.450%		FL - 79.78%		Paid Off - 360		01-Mar-2005
831038458 1					231,066.35			28-Jun-2005		6.450%		FL - 79.78%		Paid Off - 360		01-Mar-2005
831038460 2			415,000.00		413,756.45			05-Jul-2005		7.500%		MA - 71.39%		Paid Off - 360		01-Mar-2005
831038460 2					413,756.45			05-Jul-2005		7.500%		MA - 71.39%		Paid Off - 360		01-Mar-2005
831039730 2			57,980.00		57,891.51			28-Jun-2005		10.750%		FL - 99.98%		Paid Off - 360		01-Mar-2005
831039730 2					57,891.51			28-Jun-2005		10.750%		FL - 99.98%		Paid Off - 360		01-Mar-2005
831040196 2			515,000.00		513,629.35			06-Jul-2005		6.625%		RI - 79.02%		Paid Off - 360		01-Apr-2005
831040196 2					513,629.35			06-Jul-2005		6.625%		RI - 79.02%		Paid Off - 360		01-Apr-2005
831040333 1			252,000.00		252,000.00			30-Jun-2005		7.950%		NJ - 90.00%		Paid Off - 360		01-Apr-2005
831040333 1					252,000.00			30-Jun-2005		7.950%		NJ - 90.00%		Paid Off - 360		01-Apr-2005
841002714 1			77,000.00		76,162.12			05-Jul-2005		8.800%		MI - 66.41%		Paid Off - 180		01-Mar-2005
841002714 1					76,162.12			05-Jul-2005		8.800%		MI - 66.41%		Paid Off - 180		01-Mar-2005
841003354 1			70,700.00		70,604.22			08-Jul-2005		11.300%		MI - 69.93%		Paid Off - 360		01-Mar-2005
841003354 1					70,604.22			08-Jul-2005		11.300%		MI - 69.93%		Paid Off - 360		01-Mar-2005
841003916 1			159,300.00		159,027.59			23-Jun-2005		6.800%		MI - 89.92%		Paid Off - 360		01-May-2005
841003916 1					159,027.59			23-Jun-2005		6.800%		MI - 89.92%		Paid Off - 360		01-May-2005
871000717 1			190,800.00		190,654.09			11-Jul-2005		7.350%		NJ - 56.07%		Paid Off - 360		01-Jun-2005
871000717 1					190,654.09			11-Jul-2005		7.350%		NJ - 56.07%		Paid Off - 360		01-Jun-2005


TOTAL			26,080,689.00		26,029,764.51
TOTAL


Page 22 of 25
Soundview Home Equity Loan Trust 2005-OPT1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-OPT1

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 23 of 25
Soundview Home Equity Loan Trust 2005-OPT1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-OPT1

July 25, 2005 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS
TRIGGER EVENTS
										Group 2		Group 1		Total
						Trigger Event in effect (0=No , 1=Yes)								0
						Stepdown Date has occurred (0 = No, 1=Yes)								0
						Delinquency Percentage								0.071099%
						Ending Balance								1,454,650,389.80
						Credit Enhancement Percentage (For Trigger)								15.9952%
						Credit Enhancement Percentage (For Step Down)								13.4643%



ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK



ADDITIONAL INFORMATION

SPACE INTENTIONALLY LEFT BLANK




Page 24 of 25
Soundview Home Equity Loan Trust 2005-OPT1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-OPT1

July 25, 2005 Distribution
Additional Certificate Report

ADDITIONAL CERTIFICATE REPORT

													NET WAC Shortfall CarryOver		NET WAC Shortfall Paid
CLASS

			I-A1										$0.00		$0.00
													$0.00		$0.00
			II-A1										$0.00		$0.00
													$0.00		$0.00
			II-A2										$0.00		$0.00
													$0.00		$0.00
			II-A3										$0.00		$0.00
													$0.00		$0.00
			II-A4										$0.00		$0.00
													$0.00		$0.00
			M-1										$0.00		$0.00
													$0.00		$0.00
			M-2										$0.00		$0.00
													$0.00		$0.00
			M-3										$0.00		$0.00
													$0.00		$0.00
			M-4										$0.00		$0.00
													$0.00		$0.00
			M-5										$0.00		$0.00
													$0.00		$0.00
			M-6										$0.00		$0.00
													$0.00		$0.00
			M-7										$0.00		$0.00
													$0.00		$0.00
			M-8										$0.00		$0.00
													$0.00		$0.00
			M-9										$0.00		$0.00
													$0.00		$0.00
			M-10										$0.00		$0.00
													$0.00		$0.00






Page 25 of 25

Soundview Home Loan Trust 2005-OPT1 8-K