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~~August 25, 2005 (Date of earliest event reported) Ameriquest Mortgage Securities Inc (as Depositor under the Pooling and Servicing Agreement, dated as April 1, 2005, providing for the issuance of Asset-Backed Pass-Through Certificates, Series 2005-R3) (Exact name of registrant as specified in charter) DELAWARE (State or Other Jurisdiction of Incorporation) 333-121781-03 33-0885129 (Commission File Number) (I.R.S. Employer Identification No.) 1100 TOWN & COUNTRY ROAD, SUITE 1100 ORANGE, CALIFORNIA 92868 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, Including Area Code: (714) 541-9960 (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b)) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 8.01 Other Events Attached hereto is a copy of the Monthly Remittance Statements to the Certificateholders which was derived from the monthly information submitted by the Master Servicer of the Trust to the Trustee. Item 9.01 Financial Statements and Exhibits (c) Exhibits: Exhibit No. Description 99.1 Monthly Remittance Statement to the Certificateholders dated as of ~~July~~August 25, 2005. Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. Deutsche Bank National Trust Company, in its capacity as Trustee under the Pooling and Servicing Agreement on behalf of Ameriquest Mortgage Securities Inc., Registrant Date: ~~Jul~~Aug 2726, 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~~August 25, 2005.

Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
July 25, 2005 Distribution
August 25, 2005 Distribution
				External Parties						Table of Contents
													Page
				Seller
										1. Certificate Payment Report					2
				Ameriquest Mtg Sec Inc
										2. Collection Account Report					6
										3. Collateral Report					8
										4. Delinquency Report					11
				Certificate Insurer(s)						5. REO Report					15
										6. Foreclosure Report					16
										7. Prepayment Report					17
										8. Prepayment Detail Report					20
										9. Realized Loss Report					2628
										10. Realized Loss Detail Report					2931
										11. Triggers and Adj. Cert. Report					3032
				Servicer(s)
										12. Additional Certificate Report					3133
				Ameriquest Mortgage Corp
				Underwriter(s)
				J. P. Morgan
				BNP Paribas
				Deutsche Bank Securities
				Banc of America Securities LLC
										Total Number of Pages					3133
				Dates						Contacts
				Cut-Off Date:			April 01, 2005			Valerie Delgado
				Close Date:			April 27, 2005			Administrator
				First Distribution Date:			May 25, 2005			(714) 247-6273
										valerie.m.delgado@db.com
										Address:
										1761 East St. Andrew Place, Santa Ana, CA 92705
				Distribution Date:			~~July~~August 25, 2005
										Factor Information:			(800) 735-7777
				Record Date:			~~June~~July 3029, 2005
										Main Phone Number:			(714) 247-6000
							July 22, 2005
							August 24, 2005
										https://www.tss.db.com/invr
Page 1 of 31
Page 1 of 33
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
July 25, 2005 Distribution
August 25, 2005 Distribution
Certificate Payment Report
Current Period Distribution - REMIC III
					Prior												Current
	Class		Original		Principal						Total		Realized		Deferred		Principal
Class	Type	Cur	Face Value		Balance		Interest		Principal		Distribution		Loss		Interest		Balance
					(1)		(2)		(3)		(4)=(2)+(3)		(5)		(6)		(7)=(1)-(3)-(5)+(6)
A-1A	FLT, STEP	$	414,398,000.00		~~402~~393,~~462~~204,~~557~~110.7499		1,~~100~~239,~~093~~248.8429		915,~~258~~227,~~446~~288.7521		1016,~~358~~466,~~540~~536.5950		0.00		0.00		~~393~~377,~~204~~976,~~110~~822.9978
A-1B	FLT, STEP	$	103,600,000.00		~~100~~98,~~616~~301,~~125~~502.0418		~~279~~314,~~720~~892.2148		23,~~314~~806,~~622~~840.8643		24,~~594~~121,~~343~~732.0791		0.00		0.00		9894,~~301~~494,~~502~~661.1875
A-2A	FLT, STEP	$	419,185,000.00		~~407~~396,~~549~~675,~~935~~837.1970		1,~~120~~257,~~339~~021.3865		10,~~874~~593,~~097~~776.4965		11,~~994~~850,~~436~~798.8730		0.00		0.00		~~396~~386,~~675~~082,~~837~~061.7005
A-2B	FLT, STEP	$	104,796,000.00		~~101~~99,~~887~~168,~~240~~722.7485		~~284~~318,~~046~~524.4643		2,~~718~~648,~~517~~437.8985		32,~~002~~966,~~564~~962.3528		0.00		0.00		9996,~~168~~520,~~722~~285.8500
A-3A	FLT, STEP	$	292,740,000.00		~~265~~242,~~490~~222,~~565~~409.8249		~~702~~740,~~979~~460.4945		2327,~~268~~883,~~156~~257.3350		2328,~~971~~623,~~135~~717.8295		0.00		0.00		~~242~~214,~~222~~339,~~409~~151.4999
A-3B	FLT, STEP	$	125,396,000.00		125,396,000.00		~~336~~388,~~906~~727.4560		0.00		~~336~~388,~~906~~727.4560		0.00		0.00		125,396,000.00
A-3C	FLT, STEP	$	158,909,000.00		158,909,000.00		~~434~~500,~~362~~828.9220		0.00		~~434~~500,~~362~~828.9220		0.00		0.00		158,909,000.00
A-3D	FLT, STEP	$	130,976,000.00		130,976,000.00		~~370~~426,~~235~~326.1088		0.00		~~370~~426,~~235~~326.1088		0.00		0.00		130,976,000.00
M-1	MEZ, FLT, S	$	53,000,000.00		53,000,000.00		~~154~~177,~~763~~991.8967		0.00		~~154~~177,~~763~~991.8967		0.00		0.00		53,000,000.00
M-2	MEZ, FLT, S	$	47,000,000.00		47,000,000.00		~~138~~159,~~340~~055.1183		0.00		~~138~~159,~~340~~055.1183		0.00		0.00		47,000,000.00
M-3	MEZ, FLT, S	$	27,000,000.00		27,000,000.00		8092,~~311~~302.9850		0.00		8092,~~311~~302.9850		0.00		0.00		27,000,000.00
M-4	MEZ, FLT, S	$	25,000,000.00		25,000,000.00		7687,~~501~~833.8333		0.00		7687,~~501~~833.8333		0.00		0.00		25,000,000.00
M-5	MEZ, FLT, S	$	19,000,000.00		19,000,000.00		5867,~~584~~244.7317		0.00		5867,~~584~~244.7317		0.00		0.00		19,000,000.00
M-6	MEZ, FLT, S	$	13,000,000.00		13,000,000.00		4046,~~589~~568.8489		0.00		4046,~~589~~568.8489		0.00		0.00		13,000,000.00
M-7	MEZ, FLT, S	$	10,000,000.00		10,000,000.00		3641,~~045~~161.1811		0.00		3641,~~045~~161.1811		0.00		0.00		10,000,000.00
M-8	MEZ, FLT, S	$	10,000,000.00		10,000,000.00		3642,~~822~~022.9622		0.00		3642,~~822~~022.9622		0.00		0.00		10,000,000.00
M-9	MEZ, FLT, S	$	13,000,000.00		13,000,000.00		5360,~~228~~561.7394		0.00		5360,~~228~~561.7394		0.00		0.00		13,000,000.00
M-10	MEZ, FLT, S	$	23,000,000.00		23,000,000.00		~~104~~118,~~012~~041.8011		0.00		~~104~~118,~~012~~041.8011		0.00		0.00		23,000,000.00
CE	SUB	$	9,999,910.51		10,000,000.05		3,~~814~~223,~~158~~707.3618		0.00		3,~~814~~223,~~158~~707.3618		0.00		0.00		10,000,000.05
P	EXE	$	100.00		100.00		~~603~~855,~~679~~878.3340		0.00		~~603~~855,~~679~~878.3340		0.00		0.00		100.00
R	R	$	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
Total			2,000,000,010.51		1,~~943~~894,~~287~~853,~~524~~683.5826		910,~~825~~158,~~723~~398.5933		4860,~~433~~159,~~841~~600.3264		5870,~~259~~317,~~564~~998.9197		0.00		0.00		1,~~894~~834,~~853~~694,~~683~~082.2662
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Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
July 25, 2005 Distribution
August 25, 2005 Distribution
Interest Accrual Detail Current Period Factor Information per $1,000 of Original Face-
									Orig. Principal		Prior							Current
	Period		Period						(with Notional)		Principal						Total	Principal
Class	Starting		Ending		Method		Cusip		Balance		Balance		Interest		Principal		Distribution	Balance
									(1)		(1)		(2)		(3)		(4)=(2)+(3)	(5)
A-1A	0607/2725/05		0708/24/05		A-Act/360		03072SA96		414,398,000.00		~~971~~948.~~198118~~856199		2.~~654679~~990478		2236.~~341919~~745564		2439.~~996599~~736042	~~948~~912.~~856199~~110635
A-1B	0607/2725/05		0708/24/05		A-Act/360		03072SZS7		103,600,000.00		~~971~~948.~~198118~~856199		23.~~700002~~039503		2236.~~341919~~745564		2539.~~041922~~785067	~~948~~912.~~856199~~110635
A-2A	0607/2725/05		0708/24/05		A-Act/360		03072SB20		419,185,000.00		~~972~~946.~~243604~~302558		2.~~672661~~998728		25.~~941046~~272318		28.~~613707~~271046	~~946~~921.~~302558~~030240
A-2B	0607/2725/05		0708/24/05		A-Act/360		03072SB38		104,796,000.00		~~972~~946.~~243604~~302558		23.~~710470~~039471		25.~~941046~~272318		28.~~651517~~311789	~~946~~921.~~302558~~030240
A-3A	0607/2725/05		0708/24/05		A-Act/360		03072SZT5		292,740,000.00		~~906~~827.~~915918~~431883		2.~~401378~~529413		7995.~~484035~~249223		8197.~~885413~~778636	~~827~~732.~~431883~~182660
A-3B	0607/2725/05		0708/24/05		A-Act/360		03072SZU2		125,396,000.00		1,000.000000		23.~~686740~~100000		0.000000		23.~~686740~~100000	1,000.000000
A-3C	0607/2725/05		0708/24/05		A-Act/360		03072SZV0		158,909,000.00		1,000.000000		23.~~733407~~151667		0.000000		23.~~733407~~151667	1,000.000000
A-3D	0607/2725/05		0708/24/05		A-Act/360		03072SZW8		130,976,000.00		1,000.000000		23.~~826740~~255000		0.000000		23.~~826740~~255000	1,000.000000
M-1	0607/2725/05		0708/24/05		A-Act/360		03072SZX6		53,000,000.00		1,000.000000		23.~~920073~~358333		0.000000		23.~~920073~~358333	1,000.000000
M-2	0607/2725/05		0708/24/05		A-Act/360		03072SZY4		47,000,000.00		1,000.000000		23.~~943407~~384167		0.000000		23.~~943407~~384167	1,000.000000
M-3	0607/2725/05		0708/24/05		A-Act/360		03072SZZ1		27,000,000.00		1,000.000000		23.~~974518~~418611		0.000000		23.~~974518~~418611	1,000.000000
M-4	0607/2725/05		0708/24/05		A-Act/360		03072SA21		25,000,000.00		1,000.000000		3.~~060073~~513333		0.000000		3.~~060073~~513333	1,000.000000
M-5	0607/2725/05		0708/24/05		A-Act/360		03072SA39		19,000,000.00		1,000.000000		3.~~083407~~539167		0.000000		3.~~083407~~539167	1,000.000000
M-6	0607/2725/05		0708/24/05		A-Act/360		03072SA47		13,000,000.00		1,000.000000		3.~~122295~~582222		0.000000		3.~~122295~~582222	1,000.000000
M-7	0607/2725/05		0708/24/05		A-Act/360		03072SA54		10,000,000.00		1,000.000000		34.~~604518~~116111		0.000000		34.~~604518~~116111	1,000.000000
M-8	0607/2725/05		0708/24/05		A-Act/360		03072SA62		10,000,000.00		1,000.000000		34.~~682296~~202222		0.000000		34.~~682296~~202222	1,000.000000
M-9	0607/2725/05		0708/24/05		A-Act/360		03072SA70		13,000,000.00		1,000.000000		4.~~094518~~658611		0.000000		4.~~094518~~658611	1,000.000000
M-10	0607/2725/05		0708/24/05		A-Act/360		03072SA88		23,000,000.00		1,000.000000		45.~~522296~~132222		0.000000		45.~~522296~~132222	1,000.000000
CE	0607/01/05		0607/30/05		A-30/360				9,999,910.51		1,000.008954		~~381~~322.~~419249~~373603		0.000000		~~381~~322.~~419249~~373603	1,000.008954
P	0607/01/05		0607/30/05				100.00		1,000.000000		68,~~036~~558,~~793~~784.~~300000~~000000		0.000000		68,~~036~~558,~~793~~784.~~300000~~000000		1,000.000000
R	0607/01/05		0607/30/05				0.00		0.000000		0.000000		0.000000		0.000000		0.000000
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Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
July 25, 2005 Distribution
August 25, 2005 Distribution
Distribution to Date - REMIC III
																	Current
	Original				Unscheduled		Scheduled		Total		Total		Realized		Deferred		Principal
Class	Face Value		Interest		Principal		Principal		Principal		Distribution		Loss		Interest		Balance
	(1)		(2)		(3)		(4)		(5)=(3)+(4)		(6)=(2)+(5)		(7)		(8)		(9)=(1)-(5)-(7)+(8)
A-1A	414,398,000.00		34,~~378~~617,~~294~~543.7807		2035,~~191~~022,~~434~~261.7672		1,~~002~~398,~~454~~915.2550		2136,~~193~~421,~~889~~177.0122		2441,~~572~~038,~~183~~720.7929		0.00		0.00		~~393~~377,~~204~~976,~~110~~822.9978
A-1B	103,600,000.00		~~859~~1,~~733~~174,626.6614		58,~~047~~755,~~883~~607.0569		~~250~~349,~~614~~730.7756		59,~~298~~105,~~497~~338.8225		610,~~158~~279,~~231~~964.4839		0.00		0.00		9894,~~301~~494,~~502~~661.1875
A-2A	419,185,000.00		34,~~439~~696,~~712~~734.3500		2131,~~472~~790,~~177~~131.1574		1,~~036~~312,~~985~~807.1521		2233,~~509~~102,~~162~~938.3095		2537,~~948~~799,~~874~~672.6595		0.00		0.00		~~396~~386,~~675~~082,~~837~~061.7005
A-2B	104,796,000.00		~~872~~1,~~708~~191,233.8225		57,~~368~~947,~~031~~513.4898		~~259~~328,~~245~~201.6702		58,~~627~~275,~~277~~715.1500		69,~~499~~466,~~985~~948.9725		0.00		0.00		9996,~~168~~520,~~722~~285.8500
A-3A	292,740,000.00		2,~~240~~980,~~160~~621.6005		4875,~~208~~366,~~960~~242.0349		23,~~308~~034,~~630~~605.4852		5078,~~517~~400,~~590~~848.5101		5281,~~757~~381,~~751~~469.1106		0.00		0.00		~~242~~214,~~222~~339,~~409~~151.4999
A-3B	125,396,000.00		1,~~018~~407,~~329~~056.2282		0.00		0.00		0.00		1,~~018~~407,~~329~~056.2282		0.00		0.00		125,396,000.00
A-3C	158,909,000.00		1,~~314~~814,~~056~~884.6686		0.00		0.00		0.00		1,~~314~~814,~~056~~884.6686		0.00		0.00		158,909,000.00
A-3D	130,976,000.00		1,~~121~~548,~~928~~255.2008		0.00		0.00		0.00		1,~~121~~548,~~928~~255.2008		0.00		0.00		130,976,000.00
M-1	53,000,000.00		~~469~~647,~~716~~708.3906		0.00		0.00		0.00		~~469~~647,~~716~~708.3906		0.00		0.00		53,000,000.00
M-2	47,000,000.00		~~420~~579,~~026~~082.7861		0.00		0.00		0.00		~~420~~579,~~026~~082.7861		0.00		0.00		47,000,000.00
M-3	27,000,000.00		~~243~~336,~~961~~264.9848		0.00		0.00		0.00		~~243~~336,~~961~~264.9848		0.00		0.00		27,000,000.00
M-4	25,000,000.00		~~232~~320,~~689~~522.3366		0.00		0.00		0.00		~~232~~320,~~689~~522.3366		0.00		0.00		25,000,000.00
M-5	19,000,000.00		~~178~~245,~~253~~497.0623		0.00		0.00		0.00		~~178~~245,~~253~~497.0623		0.00		0.00		19,000,000.00
M-6	13,000,000.00		~~123~~170,~~569~~138.5746		0.00		0.00		0.00		~~123~~170,~~569~~138.5746		0.00		0.00		13,000,000.00
M-7	10,000,000.00		~~110~~151,~~381~~542.2940		0.00		0.00		0.00		~~110~~151,~~381~~542.2940		0.00		0.00		10,000,000.00
M-8	10,000,000.00		~~112~~154,~~853~~875.5274		0.00		0.00		0.00		~~112~~154,~~853~~875.5274		0.00		0.00		10,000,000.00
M-9	13,000,000.00		~~163~~224,~~743~~305.1711		0.00		0.00		0.00		~~163~~224,~~743~~305.1711		0.00		0.00		13,000,000.00
M-10	23,000,000.00		~~320~~439,~~973~~014.0718		0.00		0.00		0.00		~~320~~439,~~973~~014.0718		0.00		0.00		23,000,000.00
CE	9,999,910.51		1013,~~728~~952,~~816~~523.2442		-83.11		-6.43		0.00		1013,~~728~~952,~~816~~523.2442		0.00		89.54		10,000,000.05
P	100.00		12,~~182~~038,~~516~~395.7616		0.00		0.00		0.00		12,~~182~~038,~~516~~395.7616		0.00		0.00		100.00
R	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
Total	2,000,000,010.51		2838,~~532~~690,~~425~~823.4578		~~100~~158,~~288~~881,~~403~~674.3651		46,~~857~~424,~~923~~253.8938		~~105~~165,~~146~~306,~~416~~017.7943		~~133~~203,~~678~~996,~~842~~841.2421		0.00		89.54		1,~~894~~834,~~853~~694,~~683~~082.2662
Page 4 of 31
Page 4 of 33
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
July 25, 2005 Distribution
August 25, 2005 Distribution
Interest Detail - REMIC III
	Pass		Prior Principal				Non-		Prior		Unscheduled				Paid or		Current
	Through		(with Notional)		Accrued		Supported		Unpaid		Interest		Optimal		Deferred		Unpaid
Class	Rate		Balance		Interest		Interest SF		Interest		Adjustment		Interest		Interest		Interest
					(1)		(2)		(3)		(4)		(5)=(1)-(2)+(3)+(4)		(6)		(7)=(5)-(6)
A-1A	3.~~51438~~66000%		~~402~~393,~~462~~204,~~557~~110.7499		1,~~100~~239,~~093~~248.8429		0.00		0.00		0.00		1,~~100~~239,~~093~~248.8429		1,~~100~~239,~~093~~248.8429		0.00
A-1B	3.~~57438~~72000%		~~100~~98,~~616~~301,~~125~~502.0418		~~279~~314,~~720~~892.2148		0.00		0.00		0.00		~~279~~314,~~720~~892.2148		~~279~~314,~~720~~892.2148		0.00
A-2A	3.~~53438~~68000%		~~407~~396,~~549~~675,~~935~~837.1970		1,~~120~~257,~~339~~021.3865		0.00		0.00		0.00		1,~~120~~257,~~339~~021.3865		1,~~120~~257,~~339~~021.3865		0.00
A-2B	3.~~58438~~73000%		~~101~~99,~~887~~168,~~240~~722.7485		~~284~~318,~~046~~524.4643		0.00		0.00		0.00		~~284~~318,~~046~~524.4643		~~284~~318,~~046~~524.4643		0.00
A-3A	3.~~40438~~55000%		~~265~~242,~~490~~222,~~565~~409.8249		~~702~~740,~~979~~460.4945		0.00		0.00		0.00		~~702~~740,~~979~~460.4945		~~702~~740,~~979~~460.4945		0.00
A-3B	3.~~45438~~60000%		125,396,000.00		~~336~~388,~~906~~727.4560		0.00		0.00		0.00		~~336~~388,~~906~~727.4560		~~336~~388,~~906~~727.4560		0.00
A-3C	3.~~51438~~66000%		158,909,000.00		~~434~~500,~~362~~828.9220		0.00		0.00		0.00		~~434~~500,~~362~~828.9220		~~434~~500,~~362~~828.9220		0.00
A-3D	3.~~63438~~78000%		130,976,000.00		~~370~~426,~~235~~326.1088		0.00		0.00		0.00		~~370~~426,~~235~~326.1088		~~370~~426,~~235~~326.1088		0.00
M-1	3.~~75438~~90000%		53,000,000.00		~~154~~177,~~763~~991.8967		0.00		0.00		0.00		~~154~~177,~~763~~991.8967		~~154~~177,~~763~~991.8967		0.00
M-2	3.~~78438~~93000%		47,000,000.00		~~138~~159,~~340~~055.1183		0.00		0.00		0.00		~~138~~159,~~340~~055.1183		~~138~~159,~~340~~055.1183		0.00
M-3	3.~~82438~~97000%		27,000,000.00		8092,~~311~~302.9850		0.00		0.00		0.00		8092,~~311~~302.9850		8092,~~311~~302.9850		0.00
M-4	34.~~93438~~08000%		25,000,000.00		7687,~~501~~833.8333		0.00		0.00		0.00		7687,~~501~~833.8333		7687,~~501~~833.8333		0.00
M-5	34.~~96438~~11000%		19,000,000.00		5867,~~584~~244.7317		0.00		0.00		0.00		5867,~~584~~244.7317		5867,~~584~~244.7317		0.00
M-6	4.~~01438~~16000%		13,000,000.00		4046,~~589~~568.8489		0.00		0.00		0.00		4046,~~589~~568.8489		4046,~~589~~568.8489		0.00
M-7	4.~~63438~~78000%		10,000,000.00		3641,~~045~~161.1811		0.00		0.00		0.00		3641,~~045~~161.1811		3641,~~045~~161.1811		0.00
M-8	4.~~73438~~88000%		10,000,000.00		3642,~~822~~022.9622		0.00		0.00		0.00		3642,~~822~~022.9622		3642,~~822~~022.9622		0.00
M-9	5.~~26438~~41000%		13,000,000.00		5360,~~228~~561.7394		0.00		0.00		0.00		5360,~~228~~561.7394		5360,~~228~~561.7394		0.00
M-10	5.~~81438~~96000%		23,000,000.00		~~104~~118,~~012~~041.8011		0.00		0.00		0.00		~~104~~118,~~012~~041.8011		~~104~~118,~~012~~041.8011		0.00
CE	0.00000%		10,000,000.05		0.00		~~138~~0.7000		0.00		0.00		~~-138~~0.7000		3,~~814~~223,~~158~~707.3618		0.00
P	0.00000%		100.00		0.00		0.00		0.00		0.00		0.00		~~603~~855,~~679~~878.3340		0.00
R	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
Total			1,~~943~~894,~~287~~853,~~524~~683.5826		#######		~~138~~0.7000		0.00		0.00		56,~~407~~078,~~747~~812.2075		910,~~825~~158,~~723~~398.5933		0.00
Page 5 of 31
Page 5 of 33
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
July 25, 2005 Distribution
August 25, 2005 Distribution
Collection Account Report
SUMMARY
								Group 3		Group 2		Group 1		Total
Principal Collections								2327,~~268~~883,~~156~~257.3350		13,~~592~~242,~~615~~214.3850		1119,~~573~~034,~~069~~128.6164		4860,~~433~~159,~~841~~600.3264
Principal Withdrawals								0.00		0.00		0.00		0.00
Principal Other Accounts								0.00		0.00		0.00		0.00
TOTAL NET PRINCIPAL								2327,~~268~~883,~~156~~257.3350		13,~~592~~242,~~615~~214.3850		1119,~~573~~034,~~069~~128.6164		4860,~~433~~159,~~841~~600.3264
Interest Collections								4,~~731~~612,~~706~~135.4705		3,~~604~~532,~~151~~760.9479		3,~~550~~492,~~874~~393.4483		11,~~886~~637,~~732~~289.8568
Interest Withdrawals								-0.00		-0.00		-0.00		-0.00
Interest Fees								-~~629~~643,~~867~~909.9301		-~~496~~502,~~206~~087.6808		-~~482~~493,~~607~~494.1670		-2,~~664~~334,~~688~~769.5975
Interest Other Accounts								~~289~~441,~~541~~561.5098		~~187~~182,~~219~~426.5985		~~126~~231,~~918~~889.2457		~~603~~855,~~679~~878.3340
TOTAL NET INTEREST								4,~~391~~409,~~380~~788.0302		3,~~295~~213,~~164~~100.8556		3,~~195~~230,~~185~~788.5270		910,~~825~~158,~~723~~398.5933
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION								2732,~~659~~293,~~536~~045.3652		16,~~887~~455,~~780~~315.2306		1422,~~768~~264,~~255~~917.1334		5870,~~259~~317,~~564~~998.9197
PRINCIPAL - COLLECTIONS
									Group 3		Group 2		Group 1		Total
Scheduled Principal Received									~~639~~622,~~028~~962.5232		~~484~~478,~~237~~348.8889		~~475~~465,~~803~~018.7628		1,~~599~~566,~~070~~329.1649
Curtailments									3549,~~334~~816.5779		3060,~~281~~299.0090		2144,~~462~~273.0376		87154,~~077~~390.6045
Prepayments In Full									2227,~~593~~210,~~793~~478.2439		12,~~806~~703,~~589~~565.6371		1118,~~075~~524,~~803~~836.8260		4658,~~476~~438,~~186~~880.6970
Repurchased/Substitutions									0.00		~~271,506~~0.8700		0.00		~~271,506~~0.8700
Liquidations									0.00		0.00		0.00		0.00
Insurance Principal									0.00		0.00		0.00		0.00
Other Additional Principal									0.00		0.00		0.00		0.00
Delinquent Principal									-~~320~~250,~~814~~459.1042		-~~209~~171,~~084~~693.4789		-~~215~~176,~~187~~608.9616		-~~745~~598,~~086~~761.5347
Realized Losses									-0.00		-0.00		-0.00		-0.00
Advanced Principal									~~320~~250,~~814~~459.1042		~~209~~171,~~084~~693.4789		~~215~~176,~~187~~608.9616		~~745~~598,~~086~~761.5347
TOTAL PRINCIPAL COLLECTED									2327,~~268~~883,~~156~~257.3350		13,~~592~~242,~~615~~214.3850		1119,~~573~~034,~~069~~128.6164		4860,~~433~~159,~~841~~600.3264
PRINCIPAL - WITHDRAWALS
SPACE INTENTIONALLY LEFT BLANK
PRINCIPAL - OTHER ACCOUNTS
								Group 3		Group 2		Group 1		Total
TOTAL PRINCIPAL OTHER ACCOUNTS								0.00		0.00		0.00		0.00
Page 6 of 31
Page 6 of 33
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
July 25, 2005 Distribution
August 25, 2005 Distribution
INTEREST - COLLECTIONS
								Group 3		Group 2		Group 1		Total
Scheduled Interest								4,~~902~~746,~~083~~814.5967		3,~~715~~626,~~129~~623.8494		3,~~665~~588,~~594~~102.2752		1211,~~282~~961,~~807~~541.7013
Repurchased/Substitution Interest								0.00		~~1,470~~0.6600		0.00		~~1,470~~0.6600
Liquidation Interest								0.00		0.00		0.00		0.00
Insurance Interest								0.00		0.00		0.00		0.00
Other Additional Interest								0.00		0.00		0.00		0.00
Prepayment Interest Shortfalls								-2230,~~652~~373.1790		-15,~~476~~996.2044		-1518,~~205~~168.5695		-5364,~~333~~539.9329
Delinquent Interest								-2,~~618~~089,~~018~~804.3348		-1,~~779~~502,~~856~~745.3868		-1,~~792~~515,~~322~~776.8385		-65,~~190~~108,~~197~~327.5401
Compensating Interest								2230,~~652~~373.1691		15,~~476~~996.2044		1518,~~205~~168.5694		5364,~~333~~539.9329
Civil Relief Act Shortfalls								-~~138~~0.7000		-0.00		-0.00		-~~138~~0.7000
Interest Advanced								21,~~447~~955,~~779~~124.9086		1,~~667~~408,~~407~~882.8254		1,~~677~~420,~~603~~068.0116		54,~~792~~784,~~790~~075.7356
TOTAL INTEREST COLLECTED								4,~~731~~612,~~706~~135.4705		3,~~604~~532,~~151~~760.9479		3,~~550~~492,~~874~~393.4483		11,~~886~~637,~~732~~289.8568
INTEREST - WITHDRAWALS
								Group 3		Group 2		Group 1		Total
Non-Recoverable Advances								0.00		0.00		0.00		0.00
TOTAL INTEREST WITHDRAWALS								0.00		0.00		0.00		0.00
INTEREST - OTHER ACCOUNTS
								Group 3		Group 2		Group 1		Total
Prepayment Charges								~~289~~441,~~541~~561.5098		~~187~~182,~~219~~426.5985		~~126~~231,~~918~~889.2457		~~603~~855,~~679~~878.3340
Net WAC Investment Income														0.00
TOTAL INTEREST OTHER ACCOUNTS								~~289~~441,~~541~~561.5098		~~187~~182,~~219~~426.5985		~~126~~231,~~918~~889.2457		~~603~~855,~~679~~878.3340
INTEREST - FEES
								Group 3		Group 2		Group 1		Total
Current Servicing Fees								~~155~~181,~~560~~424.7044		~~131~~143,~~006~~927.1194		~~125~~139,~~729~~918.5254		~~412~~465,~~296~~270.3392
Trustee Fees								~~684~~663.1882		~~511~~499.2536		~~504~~494.9482		1,~~700~~658.3800
PMI								~~473~~461,~~623~~820.0575		~~364~~357,~~689~~659.3178		~~356~~353,~~372~~081.7035		1,~~194~~172,~~685~~561.0688
SWAP INFLOW / (OUTFLOW)								0.00		0.00		0.00		1695,~~056,006~~278.8396
TOTAL INTEREST FEES								~~629~~643,~~867~~909.9301		~~496~~502,~~206~~087.6808		~~482~~493,~~607~~494.1670		2,~~664~~334,~~688~~769.5975
Page 7 of 31
Page 7 of 33
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
July 25, 2005 Distribution
August 25, 2005 Distribution
Collateral Report
COLLATERAL
									Group 3		Group 2		Group 1		Total
Loan Count:
Original								3,789		3,838		3,684		11,311
Prior								3,~~687~~610		3,~~761~~689		3,~~603~~540		1110,~~051~~839
Prefunding								0		0		0		0
Scheduled Paid Offs								-0		-0		-0		-0
Full Voluntary Prepayments								-77106		-7168		-6396		-~~211~~270
Repurchases								-0		-10		-0		-10
Liquidations								-0		-0		-0		-0
Current								3,~~610~~504		3,~~689~~621		3,~~540~~444		10,~~839~~569
Principal Balance:
Original								809,167,298.58		598,835,010.62		591,997,701.31		2,000,000,010.51
Prior								~~781~~758,~~917~~649,~~903~~746.2592		~~584~~570,~~291~~698,~~211~~596.4406		~~577~~565,~~078~~505,~~409~~340.8928		1,~~943~~894,~~287~~853,~~524~~683.5826
Prefunding								0.00		0.00		0.00		0.00
Scheduled Principal								-~~639~~622,~~028~~962.5232		-~~484~~478,~~237~~348.8889		-~~475~~465,~~803~~018.7628		-1,~~599~~566,~~070~~329.1649
Partial Prepayments								-3549,~~334~~816.5779		-3060,~~281~~299.0090		-2144,~~462~~273.0376		-87154,~~077~~390.6045
Full Voluntary Prepayments								-2227,~~593~~210,~~793~~478.2439		-12,~~806~~703,~~589~~565.6371		-1118,~~075~~524,~~803~~836.8260		-4658,~~476~~438,~~186~~880.6970
Repurchases								-0.00		-~~271,506~~0.8700		-0.00		-~~271,506~~0.8700
Liquidations								-0.00		-0.00		-0.00		-0.00
Current								~~758~~730,~~649~~766,~~746~~489.9242		~~570~~557,~~698~~456,~~596~~381.0656		~~565~~546,~~505~~471,~~340~~211.2864		1,~~894~~834,~~853~~694,~~683~~082.2662
PREFUNDING
SPACE INTENTIONALLY LEFT BLANK
Page 8 of 31
Page 8 of 33
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
July 25, 2005 Distribution
August 25, 2005 Distribution
CHARACTERISTICS
								Group 3		Group 2		Group 1		Total
Weighted Average Coupon Original								7.54655%		7.63627%		7.63279%		7.59894%
Weighted Average Coupon Prior								7.~~53868~~52317%		7.~~63559~~63304%		7.~~62806~~62238%		7.~~59419~~58567%
Weighted Average Coupon Current								7.~~52317~~50831%		7.~~63304~~62565%		7.~~62238~~61394%		7.~~58567~~57518%
Weighted Average Months to Maturity Original								353		351		351		352
Weighted Average Months to Maturity Prior								~~351~~350		~~350~~348		~~350~~349		~~350~~349
Weighted Average Months to Maturity Current								~~350~~349		~~348~~347		~~349~~348		~~349~~348
Weighted Avg Remaining Amortization Term Original								353		351		351		352
Weighted Avg Remaining Amortization Term Prior								~~351~~350		~~350~~348		~~350~~349		~~350~~349
Weighted Avg Remaining Amortization Term Current								~~350~~349		~~348~~347		~~349~~348		~~349~~348
Weighted Average Seasoning Original								2.33		2.26		2.28		2.29
Weighted Average Seasoning Prior								34.3130		34.2524		34.2827		34.2827
Weighted Average Seasoning Current								45.3029		45.2423		45.2726		45.2726
Page 9 of 31
Page 9 of 33
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
July 25, 2005 Distribution
August 25, 2005 Distribution
ARM CHARACTERISTICS
								Group 3		Group 2		Group 1		Total
Weighted Average Margin Original								5.86353%		5.79995%		5.82460%		5.83293%
Weighted Average Margin Prior								5.~~86343~~86171%		5.~~80019~~80047%		5.~~82274~~82050%		5.~~83239~~83099%
Weighted Average Margin Current								5.~~86171~~86103%		5.~~80047~~79601%		5.~~82050~~81762%		5.~~83099~~82840%
Weighted Average Max Rate Original								13.75446%		13.82124%		13.82268%		13.79470%
Weighted Average Max Rate Prior								13.~~74534~~73089%		13.~~82014~~82110%		13.~~81753~~81337%		13.~~78919~~78263%
Weighted Average Max Rate Current								13.~~73089~~71668%		13.~~82110~~81137%		13.~~81337~~80551%		13.~~78263~~77186%
Weighted Average Min Rate Original								7.75446%		7.82124%		7.82268%		7.79470%
Weighted Average Min Rate Prior								7.~~74534~~73089%		7.~~82014~~82110%		7.~~81753~~81337%		7.~~78919~~78263%
Weighted Average Min Rate Current								7.~~73089~~71668%		7.~~82110~~81137%		7.~~81337~~80551%		7.~~78263~~77186%
Weighted Average Cap Up Original								1.00000%		1.00000%		1.00000%		1.00000%
Weighted Average Cap Up Prior								1.00000%		1.00000%		1.00000%		1.00000%
Weighted Average Cap Up Current								1.00000%		1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Original								1.00000%		1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Prior								1.00000%		1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Current								1.00000%		1.00000%		1.00000%		1.00000%
SERVICING FEES & ADVANCES
									Group 3		Group 2		Group 1		Total
Current Servicing Fees								~~155~~181,~~560~~424.7044		~~131~~143,~~006~~927.1194		~~125~~139,~~729~~918.5254		~~412~~465,~~296~~270.3392
Delinquent Servicing Fees								~~170~~134,~~238~~679.4362		~~112~~93,~~448~~863.5614		~~114~~95,~~719~~708.8269		~~397~~324,~~406~~251.8145
TOTAL SERVICING FEES								~~325~~316,~~799~~104.1307		~~243~~237,~~454~~791.6809		~~240~~235,~~449~~627.3424		~~809~~789,~~703~~522.1540
Total Servicing Fees								~~325~~316,~~799~~104.1307		~~243~~237,~~454~~791.6809		~~240~~235,~~449~~627.3424		~~809~~789,~~703~~522.1540
Compensating Interest								-2230,~~652~~373.1691		-15,~~476~~996.2044		-1518,~~205~~168.5694		-5364,~~333~~539.9329
Delinquent Servicing Fees								-~~170~~134,~~238~~679.4362		-~~112~~93,~~448~~863.5614		-~~114~~95,~~719~~708.8269		-~~397~~324,~~406~~251.8145
COLLECTED SERVICING FEES								~~132~~151,~~908~~050.5554		~~115~~127,~~529~~931.9251		~~110~~121,~~523~~749.9660		~~358~~400,~~962~~731.4365
Total Advanced Interest								21,~~447~~955,~~779~~124.9086		1,~~667~~408,~~407~~882.8254		1,~~677~~420,~~603~~068.0116		54,~~792~~784,~~790~~075.7356
Total Advanced Principal								~~320~~250,~~814~~459.1042		~~209~~171,~~084~~693.4789		~~215~~176,~~187~~608.9616		~~745~~598,~~086~~761.5347
Aggregate Advances with respect to this Distribution								2,~~768~~205,~~594~~584.0028		1,~~876~~580,~~492~~576.3043		1,~~892~~596,~~790~~676.9732		65,~~537~~382,~~877~~837.2603
ADDITIONAL COLLATERAL INFORMATION
								Group 3		Group 2		Group 1		Total
Prepayment Interest Shortfall (PPIS)								2230,~~652~~373.1790		15,~~476~~996.2044		1518,~~205~~168.5695		5364,~~333~~539.9329
Compensating Interest								-2230,~~652~~373.1691		-15,~~476~~996.2044		-1518,~~205~~168.5694		-5364,~~333~~539.9329
Net Prepayment Interest Shortfall (PPIS)								0.00		0.00		0.00		0.00
Ending Pool Stated Principal Balance								~~758~~730,~~649~~766,~~746~~489.9242		~~570~~557,~~698~~456,~~596~~381.0656		~~565~~546,~~505~~471,~~340~~211.2864		1,~~894~~834,~~853~~694,~~683~~082.2662
Weighted Average Net Mortgage Rate										6.~~767512~~756142%		6.~~644197~~855720%		6.~~067571~~433256%
Page 10 of 31
Page 10 of 33
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
July 25, 2005 Distribution
August 25, 2005 Distribution
Delinquency Report
	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				1217,~~820~~008,~~489~~965.3404		26,~~974~~296,~~034~~888.87		0669,328.0013		1523,~~794~~975,~~524~~182.2104
			% Balance				0.6893%		0.1634%		0.0004%		01.8331%
			# Loans				81103		1743		03		98149
			% # Loans				0.7597%		0.1641%		0.0003%		01.9041%
	FORECLOSURE		Balance		0.00		0.00		21,~~523~~245,~~451~~794.9444		03,897,801.0065		25,~~523~~143,~~451~~596.9409
			% Balance		0.00%		0.00%		0.1307%		0.0021%		0.1328%
			# Loans		0		0		129		017		1226
			% # Loans		0.00%		0.00%		0.1109%		0.0016%		0.1125%
	BANKRUPTCY		Balance		21,~~229~~977,~~750~~587.6260		0307,883.0046		59130,~~857~~960.2530		0586,361.0018		23,~~289~~002,~~607~~792.8754
			% Balance		0.1211%		0.0002%		0.0001%		0.0003%		0.1216%
			# Loans		1617		02		1		04		1724
			% # Loans		0.1516%		0.0002%		0.01%		0.0004%		0.1623%
	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		21,~~229~~977,~~750~~587.6260		1217,~~820~~316,~~489~~848.3450		57,~~557~~673,~~344~~643.0661		05,153,490.0096		2032,~~607~~121,~~584~~570.0267
			% Balance		0.1211%		0.6894%		0.2942%		0.0028%		1.0975%
			# Loans		1617		81105		3053		024		~~127~~199
			% # Loans		0.1516%		0.7599%		0.2850%		0.0023%		1.1788%
Page 11 of 31
Page 11 of 33
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
July 25, 2005 Distribution
August 25, 2005 Distribution
	GROUP 1
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				35,~~414~~134,~~206~~453.9180		~~949~~2,~~990~~090,444.6450		0341,574.0085		47,~~364~~566,~~197~~473.5515
			% Balance				0.6094%		0.1738%		0.0006%		01.7738%
			# Loans				2436		517		02		2955
			% # Loans				01.6805%		0.1449%		0.0006%		01.8260%
	FORECLOSURE		Balance		0.00		0.00		~~479~~328,~~541~~400.1937		0772,212.0012		~~479~~1,~~541~~100,612.1949
			% Balance		0.00%		0.00%		0.0806%		0.0014%		0.0820%
			# Loans		0		0		43		04		47
			% # Loans		0.00%		0.00%		0.1109%		0.0012%		0.1120%
	BANKRUPTCY		Balance		~~895~~781,~~469~~376.0968		0113,470.0076		59130,~~857~~960.2530		0315,006.0013		~~955~~1,~~326~~340,813.3487
			% Balance		0.1614%		0.0002%		0.0102%		0.0006%		0.1725%
			# Loans		87		01		1		03		912
			% # Loans		0.2320%		0.0003%		0.03%		0.0009%		0.2535%
	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		~~895~~781,~~469~~376.0968		35,~~414~~247,~~206~~924.9156		12,~~489~~549,~~389~~805.0817		01,428,793.0010		510,~~799~~007,~~065~~899.0851
			% Balance		0.1614%		0.6096%		0.2647%		0.0026%		1.0383%
			# Loans		87		2437		1021		09		4274
			% # Loans		0.2320%		01.6807%		0.2861%		0.0026%		12.1915%
Page 12 of 31
Page 12 of 33
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
July 25, 2005 Distribution
August 25, 2005 Distribution
	GROUP 2
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				34,~~394~~026,~~682~~837.0805		~~916~~1,~~566~~806,027.0734		0327,753.0028		46,~~311~~160,~~248~~617.1567
			% Balance				0.5972%		0.1632%		0.0006%		01.7611%
			# Loans				2530		514		01		3045
			% # Loans				0.6883%		0.1439%		0.0003%		01.8124%
	FORECLOSURE		Balance		0.00		0.00		~~962~~357,~~217~~638.5778		01,312,517.0011		~~962~~1,~~217~~670,155.5789
			% Balance		0.00%		0.00%		0.1706%		0.0024%		0.1730%
			# Loans		0		0		53		07		510
			% # Loans		0.00%		0.00%		0.1408%		0.0019%		0.1428%
	BANKRUPTCY		Balance		~~838~~1,~~920~~006,777.4393		0194,412.0070		0.00		0271,355.0005		~~838~~1,~~920~~472,545.4368
			% Balance		0.1518%		0.0003%		0.00%		0.0005%		0.1526%
			# Loans		57		01		0		01		59
			% # Loans		0.1419%		0.0003%		0.00%		0.0003%		0.1425%
	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		~~838~~1,~~920~~006,777.4393		34,~~394~~221,~~682~~249.0875		12,~~878~~163,~~783~~666.6412		01,911,625.0044		69,~~112~~303,~~386~~319.1524
			% Balance		0.1518%		0.5976%		0.3339%		0.0034%		1.0767%
			# Loans		57		2531		1017		09		4064
			% # Loans		0.1419%		0.6886%		0.2747%		0.0025%		1.0877%
Page 13 of 31
Page 13 of 33
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
July 25, 2005 Distribution
August 25, 2005 Distribution
	GROUP 3
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				67,~~011~~847,~~600~~674.3519		12,~~107~~400,~~478~~417.1603		0.00		710,~~119~~248,~~078~~091.5122
			% Balance				01.7907%		0.1533%		0.00%		01.9440%
			# Loans				3237		712		0		3949
			% # Loans				01.8906%		0.1934%		0.00%		1.0840%
	FORECLOSURE		Balance		0.00		0.00		1559,~~081,693~~755.1829		01,813,072.0042		12,~~081~~372,~~693~~827.1871
			% Balance		0.00%		0.00%		0.1408%		0.0025%		0.1432%
			# Loans		0		0		3		06		39
			% # Loans		0.00%		0.00%		0.0809%		0.0017%		0.0826%
	BANKRUPTCY		Balance		~~495~~189,~~361~~432.1099		0.00		0.00		0.00		~~495~~189,~~361~~432.1099
			% Balance		0.0703%		0.00%		0.00%		0.00%		0.0703%
			# Loans		3		0		0		0		3
			% # Loans		0.0809%		0.00%		0.00%		0.00%		0.0809%
	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		~~495~~189,~~361~~432.1099		67,~~011~~847,~~600~~674.3519		2,~~189~~960,~~171~~172.3432		01,813,072.0042		812,~~696~~810,~~132~~351.7992
			% Balance		0.0703%		01.7907%		0.2941%		0.0025%		1.1575%
			# Loans		3		3237		1015		06		4561
			% # Loans		0.0809%		01.8906%		0.2843%		0.0017%		1.2574%
Page 14 of 31
Page 14 of 33
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
July 25, 2005 Distribution
August 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 15 of 31
Page 15 of 33
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
July 25, 2005 Distribution
August 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
106982986 1
94578747 1
			150,000.00		149,725.47		01-Mar-2005		9.900%		NV - 75.00%		360		01-Apr-2005
			61,600.00		61,346.42		01-Apr-2005		10.100%		OH - 70.00%		360		01-Dec-2004
107282709 1			105,750.00		105,562.49		01-Mar-2005		10.050%		MI - 75.00%		360		01-Apr-2005
103212106 1			360,000.00		359,074.32		01-Mar-2005		10.990%		MA - 74.23%		360		01-Feb-2005
107896680 1			124,300.00		123,949.21		01-Mar-2005		7.800%		MN - 77.69%		360		01-Apr-2005
104212022 1			190,000.00		189,023.68		01-Mar-2005		7.650%		CA - 62.30%		360		01-Feb-2005
108060401 1			100,500.00		100,304.02		01-Mar-2005		9.600%		ME - 69.31%		360		01-Apr-2005
107896680 1			124,300.00		123,860.08		01-Mar-2005		7.800%		MN - 77.69%		360		01-Apr-2005
105594626 2			126,000.00		125,665.23		01-Mar-2005		8.100%		KS - 75.00%		360		01-Apr-2005
108060401 1			100,500.00		100,254.04		01-Mar-2005		9.600%		ME - 69.31%		360		01-Apr-2005
105595920 2			272,000.00		271,486.14		01-Mar-2005		9.750%		MD - 85.00%		360		01-Apr-2005
110759362 1			155,200.00		154,682.82		01-Apr-2005		8.100%		FL - 80.00%		360		01-Apr-2005
107149486 2			351,000.00		349,979.19		01-Mar-2005		7.650%		GA - 94.87%		360		01-Apr-2005
111124004 1			112,625.00		112,371.13		01-Apr-2005		9.990%		TN - 85.00%		360		01-Apr-2005
109152124 2			126,000.00		125,603.23		01-Mar-2005		7.250%		FL - 86.90%		360		01-Apr-2005
98792641 2			220,200.00		219,395.86		01-Mar-2005		9.990%		GA - 84.69%		360		01-Jan-2005
110919289 2			89,600.00		89,483.78		01-Mar-2005		11.500%		AL - 70.00%		360		01-Apr-2005
100612480 2			128,700.00		128,250.90		01-Mar-2005		9.550%		WY - 90.00%		360		01-Feb-2005
108054123 3			373,000.00		371,704.50		01-Mar-2005		6.750%		CA - 89.88%		360		01-Apr-2005
100786649 2			87,000.00		86,640.57		01-Mar-2005		9.400%		WI - 75.00%		360		01-Jan-2005
108147687 3			603,500.00		601,484.22		01-Mar-2005		6.950%		CA - 85.00%		360		01-Apr-2005
107149486 2			351,000.00		349,719.91		01-Mar-2005		7.650%		GA - 94.87%		360		01-Apr-2005
109951921 3			108,800.00		108,504.46		01-Mar-2005		7.990%		FL - 83.69%		360		01-Apr-2005
107704447 2			314,500.00		313,553.32		01-Mar-2005		8.600%		NV - 85.00%		360		01-Apr-2005
TOTAL			2,530,450.00		2,523,451.94
109152124 2			126,000.00		125,502.53		01-Mar-2005		7.250%		FL - 86.90%		360		01-Apr-2005
Page 16 of 31
109348169 2			88,000.00		87,901.06		01-Apr-2005		12.150%		IL - 80.00%		360		01-May-2005
110813805 2			153,000.00		152,668.85		01-Apr-2005		9.100%		MN - 90.00%		360		01-May-2005
110919289 2			89,600.00		89,454.02		01-Mar-2005		11.500%		AL - 70.00%		360		01-Apr-2005
111298923 2			117,300.00		117,068.87		01-Apr-2005		9.550%		MI - 85.00%		360		01-May-2005
93697720 3			161,500.00		160,770.39		01-Mar-2005		8.990%		CO - 85.00%		360		01-Jan-2005
98773500 3			130,000.00		129,392.36		01-Mar-2005		8.800%		FL - 83.87%		360		01-Jan-2005
104769484 3			345,000.00		343,823.87		01-Apr-2005		8.900%		IN - 84.98%		360		01-Mar-2005
105274906 3			478,000.00		476,391.07		01-Mar-2005		8.050%		MO - 89.85%		360		01-Apr-2005
108054123 3			373,000.00		371,376.06		01-Mar-2005		6.750%		CA - 89.88%		360		01-Apr-2005
108147687 3			603,500.00		600,972.96		01-Mar-2005		6.950%		CA - 85.00%		360		01-Apr-2005
110743184 3			74,312.00		74,169.58		01-Mar-2005		10.750%		GA - 78.22%		360		01-Apr-2005
111468245 3			85,000.00		84,834.26		01-Apr-2005		9.600%		FL - 89.47%		360		01-May-2005
112376629 3			131,250.00		131,097.16		01-Apr-2005		11.990%		FL - 75.00%		360		01-May-2005
TOTAL			5,161,087.00		5,143,596.09
Page 16 of 33
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
July 25, 2005 Distribution
August 25, 2005 Distribution
Prepayment Report
VOLUNTARY PREPAYMENTS
									Group 3		Group 2		Group 1		Total
Current
Number of Paid in Full Loans								77106		7168		6396		~~211~~270
Number of Repurchased Loans								0		10		0		10
Total Number of Loans Prepaid in Full								77106		7268		6396		~~212~~270
Curtailments Amount								3549,~~334~~816.5779		3060,~~281~~299.0090		2144,~~462~~273.0376		87154,~~077~~390.6045
Paid in Full Balance								2227,~~593~~210,~~793~~478.2439		12,~~806~~703,~~589~~565.6371		1118,~~075~~524,~~803~~836.8260		4658,~~476~~438,~~186~~880.6970
Repurchased Loans Balance								0.00		~~271,506~~0.8700		0.00		~~271,506~~0.8700
Total Prepayment Amount								2227,~~629~~260,~~127~~295.8118		1312,~~108~~763,~~377~~865.5061		1118,~~097~~569,~~265~~110.8536		4658,~~834~~593,~~771~~271.1615
Cumulative
Number of Paid in Full Loans								~~166~~272		~~136~~204		~~134~~230		~~436~~706
Number of Repurchased Loans								13		13		10		36
Total Number of Loans Prepaid in Full								~~179~~285		~~149~~217		~~144~~240		~~472~~742
Paid in Full Balance								4673,~~298~~508,~~357~~835.4079		2437,~~299~~003,~~716~~281.0374		2342,~~534~~059,~~903~~739.0868		94152,~~132~~571,~~976~~857.5121
Repurchased Loans Balance								2,139,004.40		2,177,700.79		1,381,203.39		5,697,908.58
Curtailments Amount								~~130~~180,~~891~~707.1089		~~191~~252,~~787~~087.3424		~~134~~179,~~839~~113.8359		~~457~~611,~~518~~908.2772
Total Prepayment Amount								4875,~~568~~828,~~252~~548.9008		2639,~~669~~433,~~204~~069.1677		2543,~~050~~620,~~946~~056.3066		~~100~~158,~~288~~881,~~403~~674.3651
Page 17 of 31
Page 17 of 33
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
July 25, 2005 Distribution
August 25, 2005 Distribution
VOLUNTARY PREPAYMENTS RATES
									Group 3		Group 2		Group 1		Total
SMM								23.9060%		2.2524%		13.9229%		23.4109%
3 Months Avg SMM								2.0586%		1.5193%		12.4319%		12.7038%
12 Months Avg SMM								2.0544%		1.5169%		1.4390%		12.7005%
Avg SMM Since Cut-off								2.0544%		1.5169%		1.4390%		12.7005%
CPR								2935.7256%		23.8579%		2033.8003%		2531.4043%
3 Months Avg CPR								2129.9744%		1620.6986%		1523.9133%		1825.6313%
12 Months Avg CPR								2125.9762%		1618.6952%		1520.9156%		1822.6304%
Avg CPR Since Cut-off								2125.9762%		1618.6952%		1520.9156%		1822.6304%
PSA								3,~~457~~361.6152%		2,~~813~~272.0855%		23,~~435~~139.9683%		2,~~972~~984.5984%
3 Months Avg PSA Approximation								3,~~316~~423.1004%		2,~~568~~459.3101%		2,~~428~~732.4636%		2,~~837~~940.9437%
12 Months Avg PSA Approximation								3,~~316~~364.1041%		2,~~568~~472.3195%		2,~~428~~725.4684%		2,~~837~~916.9465%
Avg PSA Since Cut-off Approximation								3,~~316~~364.1042%		2,~~568~~472.3295%		2,~~428~~725.4684%		2,~~837~~916.9465%
Page 18 of 31
Page 18 of 33
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
July 25, 2005 Distribution
August 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 19 of 31
Page 19 of 33
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
July 25, 2005 Distribution
August 25, 2005 Distribution
Prepayment Detail Report
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment
Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date
91723163 2			223,000.00		221,772.13			01-Jul-2005		7.990%		CA - 74.55%		Paid Off - 360		01-Nov-2004
91966663 2			167,092.00		165,878.23			09-Aug-2005		7.200%		CA - 90.00%		Paid Off - 360		01-Nov-2004
92275841 3			389,000.00		385,906.14			23-Jun-2005		6.100%		CA - 86.01%		Paid Off - 360		01-Nov-2004
92476407 1			312,000.00		309,279.46			04-Aug-2005		6.250%		CA - 94.55%		Paid Off - 360		01-Nov-2004
92833482 3			391,500.00		389,220.31			08-Jul-2005		6.200%		CA - 90.00%		Paid Off - 360		01-Jan-2005
92501808 3			382,500.00		380,288.45			08-Aug-2005		8.350%		CT - 90.00%		Paid Off - 360		01-Nov-2004
92950781 3			405,000.00		402,236.14			27-Jun-2005		6.900%		CA - 81.82%		Paid Off - 360		01-Nov-2004
93609006 1			206,999.00		205,171.30			29-Jul-2005		7.150%		CO - 90.00%		Paid Off - 360		01-Nov-2004
93647949 1			169,999.00		167,717.67			07-Jul-2005		6.450%		CA - 84.14%		Paid Off - 360		01-Nov-2004
94194206 3			138,500.00		137,788.31			29-Jul-2005		7.650%		MI - 79.14%		Paid Off - 360		01-Jan-2005
93896041 2			206,250.00		204,685.54			08-Jul-2005		6.350%		CT - 82.50%		Paid Off - 360		01-Nov-2004
95002663 2			86,700.00		86,220.47			20-Jul-2005		9.900%		MI - 85.00%		Paid Off - 360		01-Jan-2005
94855541 1			255,000.00		254,139.57			28-Jun-2005		8.950%		NY - 60.00%		Paid Off - 360		01-Jan-2005
97657365 2			63,750.00		63,559.79			28-Jul-2005		12.300%		NJ - 75.00%		Paid Off - 360		01-Jan-2005
96052782 3			225,750.00		224,839.49			27-Jun-2005		8.850%		NJ - 75.00%		Paid Off - 360		01-Dec-2004
97856447 3			441,000.00		439,698.06			26-Jul-2005		10.990%		MA - 70.00%		Paid Off - 360		01-Dec-2004
97056923 2			178,500.00		178,040.50			15-Jun-2005		10.450%		GA - 83.41%		Paid Off - 360		01-Jan-2005
98324205 2			238,000.00		236,947.86			13-Jul-2005		8.400%		NY - 87.50%		Paid Off - 360		01-Jan-2005
97784961 3			470,000.00		467,201.58			29-Jun-2005		6.900%		CA - 89.68%		Paid Off - 360		01-Dec-2004
98613284 2			140,400.00		139,760.20			27-Jul-2005		8.250%		FL - 90.00%		Paid Off - 360		01-Jan-2005
98105406 2			358,800.00		356,808.22			21-Jun-2005		6.450%		CT - 89.63%		Paid Off - 360		01-Jan-2005
98628548 1			286,200.00		284,608.54			03-Aug-2005		7.250%		CA - 90.00%		Paid Off - 360		01-Jan-2005
98185408 3			425,000.00		423,938.03			30-Jun-2005		9.500%		CA - 85.00%		Paid Off - 360		01-Feb-2005
98723489 1			169,500.00		168,420.19			08-Aug-2005		6.550%		NJ - 67.88%		Paid Off - 360		01-Jan-2005
98465461 1			149,000.00		148,162.23			28-Jun-2005		6.400%		CA - 89.98%		Paid Off - 360		01-Jan-2005
98781982 1			155,250.00		154,547.74			10-Aug-2005		7.500%		CA - 75.00%		Paid Off - 360		01-Feb-2005
98639149 3			117,000.00		116,454.87			30-Jun-2005		7.350%		CA - 26.53%		Paid Off - 360		01-Jan-2005
99016883 3			111,600.00		110,997.44			22-Jul-2005		7.400%		FL - 90.00%		Paid Off - 360		01-Jan-2005
98801020 3			595,000.00		592,001.52			16-Jun-2005		6.950%		VT - 85.00%		Paid Off - 360		01-Jan-2005
99191082 2			259,000.00		257,484.67			13-Jul-2005		6.990%		MN - 87.50%		Paid Off - 360		01-Jan-2005
99094740 2			179,000.00		177,827.33			30-Jun-2005		5.900%		MN - 88.07%		Paid Off - 360		01-Jan-2005
99818403 2			194,750.00		193,844.45			30-Jul-2005		8.150%		AZ - 95.00%		Paid Off - 360		01-Jan-2005
99237968 1			168,844.00		168,222.05			14-Jun-2005		7.600%		FL - 70.35%		Paid Off - 360		01-Feb-2005
100111962 3			65,875.00		65,635.35			01-Aug-2005		9.350%		WA - 84.78%		Paid Off - 360		01-Jan-2005
99318388 3			215,000.00		211,494.87			29-Jun-2005		6.750%		CA - 53.83%		Paid Off - 180		01-Feb-2005
100165083 3			105,000.00		104,506.82			08-Aug-2005		8.100%		MO - 75.00%		Paid Off - 360		01-Jan-2005
99326589 2			140,843.00		140,427.75			07-Jul-2005		9.600%		TN - 78.29%		Paid Off - 360		01-Jan-2005
100200849 1			291,000.00		289,941.36			05-Aug-2005		9.350%		GA - 83.14%		Paid Off - 360		01-Jan-2005
99390585 3			368,000.00		366,368.20			28-Jun-2005		7.600%		CA - 77.47%		Paid Off - 360		01-Jan-2005
100205269 3			209,185.00		208,056.81			11-Jul-2005		6.600%		CA - 90.00%		Paid Off - 360		01-Feb-2005
99683286 1			71,000.00		70,697.47			30-Jun-2005		7.800%		CA - 75.23%		Paid Off - 360		01-Jan-2005
100206846 3			138,000.00		137,129.30			03-Aug-2005		6.600%		NV - 87.34%		Paid Off - 360		01-Jan-2005
99749806 1			432,000.00		430,455.63			14-Jun-2005		7.750%		NJ - 80.00%		Paid Off - 360		01-Feb-2005
100231828 3			390,000.00		388,885.82			29-Jul-2005		9.750%		CA - 75.00%		Paid Off - 360		01-Feb-2005
99938169 1			60,000.00		59,560.16			23-Jun-2005		9.100%		ME - 31.75%		Paid Off - 360		01-Jan-2005
100300763 1			179,460.00		178,201.53			02-Aug-2005		6.950%		CA - 90.00%		Paid Off - 360		01-Jan-2005
99996027 2			288,000.00		286,828.92			16-Jun-2005		7.100%		CA - 90.00%		Paid Off - 360		01-Feb-2005
100340462 1			60,750.00		60,593.79			01-Aug-2005		10.990%		KS - 74.09%		Paid Off - 360		01-Jan-2005
100074988 2			144,000.00		143,172.08			08-Jul-2005		7.990%		ME - 72.00%		Paid Off - 360		01-Jan-2005
100352640 3			70,800.00		70,571.20			29-Jul-2005		10.200%		NY - 60.00%		Paid Off - 360		01-Jan-2005
100127703 3			405,000.00		403,501.58			30-Jun-2005		8.500%		MD - 75.00%		Paid Off - 360		01-Jan-2005
100364363 1			216,340.00		215,101.10			05-Aug-2005		7.100%		CA - 68.42%		Paid Off - 360		01-Jan-2005
100155464 3			528,000.00		525,124.76			08-Jul-2005		6.550%		CA - 84.48%		Paid Off - 360		01-Jan-2005
100368109 3			416,585.00		414,291.13			08-Aug-2005		7.300%		AZ - 85.00%		Paid Off - 360		01-Jan-2005
100168087 3			103,500.00		103,272.90			22-Jun-2005		10.990%		NC - 90.00%		Paid Off - 360		01-Jan-2005
100873108 3			598,500.00		595,272.13			12-Jul-2005		6.600%		CA - 90.00%		Paid Off - 360		01-Feb-2005
100170307 3			276,660.00		275,444.71			07-Jul-2005		7.650%		CA - 84.87%		Paid Off - 360		01-Jan-2005
101024669 2			140,000.00		139,116.63			27-Jul-2005		6.600%		FL - 84.34%		Paid Off - 360		01-Jan-2005
100171503 2			119,000.00		117,309.59			01-Jul-2005		8.750%		MD - 76.77%		Paid Off - 360		01-Jan-2005
101065381 2			324,000.00		322,738.84			15-Jul-2005		8.250%		AZ - 90.00%		Paid Off - 360		01-Feb-2005
100216746 1			88,200.00		88,007.80			20-Jun-2005		10.150%		IL - 60.00%		Paid Off - 360		01-Feb-2005
101206605 2			313,000.00		310,781.60			01-Aug-2005		5.990%		MA - 83.47%		Paid Off - 360		01-Jan-2005
100587823 3			174,250.00		173,660.31			30-Jun-2005		10.650%		IL - 85.00%		Paid Off - 360		01-Jan-2005
101242089 3			60,000.00		59,830.44			08-Aug-2005		10.550%		CT - 65.93%		Paid Off - 360		01-Jan-2005
100789569 2			134,000.00		133,370.80			29-Jun-2005		6.500%		NJ - 72.43%		Paid Off - 360		01-Feb-2005
101278224 1			161,300.00		159,346.60			01-Aug-2005		6.600%		CA - 89.96%		Paid Off - 360		01-Jan-2005
100969740 2			236,000.00		235,324.49			05-Jul-2005		8.850%		MD - 53.27%		Paid Off - 360		01-Feb-2005
101292605 1			206,250.00		205,259.64			15-Jul-2005		7.990%		WI - 82.50%		Paid Off - 360		01-Jan-2005
101021566 2			312,000.00		310,317.29			21-Jun-2005		6.600%		CA - 88.29%		Paid Off - 360		01-Jan-2005
101715985 3			185,000.00		184,039.89			22-Jul-2005		7.600%		CA - 81.73%		Paid Off - 360		01-Jan-2005
101031003 1			187,200.00		186,618.53			06-Jul-2005		9.350%		IL - 90.00%		Paid Off - 360		01-Jan-2005
101747582 1			166,000.00		165,444.51			15-Jul-2005		8.990%		CA - 72.17%		Paid Off - 360		01-Feb-2005
101346724 3			232,500.00		232,044.72			21-Jun-2005		10.650%		PA - 75.00%		Paid Off - 360		01-Feb-2005
101810687 2			297,840.00		296,308.19			14-Jul-2005		7.650%		MD - 90.00%		Paid Off - 360		01-Jan-2005
Page 20 of 31
Page 20 of 33
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
July 25, 2005 Distribution
August 25, 2005 Distribution
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment
Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date
101360105 1			105,500.00		104,972.45			30-Jun-2005		6.990%		MO - 62.06%		Paid Off - 360		01-Jan-2005
101945707 3			585,000.00		582,879.30			11-Jul-2005		8.600%		CA - 90.00%		Paid Off - 360		01-Feb-2005
101906261 2			242,000.00		240,973.28			30-Jun-2005		7.400%		NY - 84.91%		Paid Off - 360		01-Feb-2005
101969525 3			291,000.00		289,955.77			01-Aug-2005		8.650%		NY - 75.00%		Paid Off - 360		01-Feb-2005
101931160 3			450,000.00		447,940.30			05-Jul-2005		6.500%		CA - 75.00%		Paid Off - 360		01-Feb-2005
102144060 3			440,215.00		437,602.47			15-Jul-2005		6.100%		CA - 85.00%		Paid Off - 360		01-Feb-2005
102012408 2			93,856.00		93,570.12			15-Jun-2005		8.650%		CA - 70.57%		Paid Off - 360		01-Feb-2005
102449329 1			187,500.00		186,990.71			02-Aug-2005		9.990%		NJ - 75.00%		Paid Off - 360		01-Feb-2005
102282324 1			156,360.00		155,617.54			21-Jun-2005		6.300%		CT - 86.87%		Paid Off - 360		01-Feb-2005
102508421 1			232,000.00		231,021.29			18-Jul-2005		7.850%		CA - 74.84%		Paid Off - 360		01-Feb-2005
102426608 2			187,500.00		186,829.69			17-Jun-2005		7.750%		MI - 75.00%		Paid Off - 360		01-Feb-2005
102635760 1			146,250.00		145,852.79			04-Aug-2005		9.990%		GA - 75.00%		Paid Off - 360		01-Feb-2005
102474921 1			140,000.00		139,716.89			27-Jun-2005		10.500%		CT - 80.00%		Paid Off - 360		01-Feb-2005
102855087 1			210,000.00		209,320.08			25-Jul-2005		9.150%		NJ - 75.00%		Paid Off - 360		01-Feb-2005
102525268 3			271,170.00		269,930.93			08-Jul-2005		6.500%		CA - 85.95%		Paid Off - 360		01-Feb-2005
102862760 2			112,499.00		112,047.62			28-Jul-2005		8.100%		CT - 95.00%		Paid Off - 360		01-Feb-2005
102619020 2			179,000.00		178,461.17			20-Jun-2005		5.990%		TN - 89.50%		Paid Off - 360		01-Apr-2005
102896560 1			113,400.00		112,902.13			21-Jul-2005		7.650%		TN - 84.00%		Paid Off - 360		01-Feb-2005
102675188 1			236,250.00		235,717.51			29-Jun-2005		9.990%		NY - 75.00%		Paid Off - 360		01-Feb-2005
102975208 1			98,000.00		97,618.49			01-Aug-2005		8.250%		FL - 72.59%		Paid Off - 360		01-Feb-2005
102706140 1			218,750.00		218,018.32			20-Jun-2005		8.150%		MD - 71.72%		Paid Off - 360		01-Feb-2005
102984341 3			331,000.00		329,090.86			28-Jul-2005		6.250%		RI - 84.76%		Paid Off - 360		01-Feb-2005
102936267 3			481,000.00		478,982.78			30-Jun-2005		6.950%		CA - 78.65%		Paid Off - 360		01-Feb-2005
103094900 3			488,700.00		#######			30-Jul-2005		8.990%		CA - 90.00%		Paid Off - 360		01-Feb-2005
103216701 1			101,700.00		101,332.75			16-Jun-2005		7.700%		AZ - 90.00%		Paid Off - 360		01-Feb-2005
103136206 1			242,250.00		241,335.26			08-Aug-2005		8.400%		CA - 85.00%		Paid Off - 360		01-Feb-2005
103227922 3			83,302.00		83,024.42			17-Jun-2005		8.100%		FL - 54.76%		Paid Off - 360		01-Feb-2005
103163168 2			121,000.00		120,639.49			04-Aug-2005		9.550%		CT - 69.34%		Paid Off - 360		01-Feb-2005
103337648 2			130,000.00		129,506.63			15-Jun-2005		7.450%		CT - 54.17%		Paid Off - 360		01-Feb-2005
103177820 1			220,000.00		218,974.97			02-Aug-2005		7.350%		CA - 52.38%		Paid Off - 360		01-Feb-2005
103375820 2			282,150.00		280,823.04			01-Jul-2005		6.350%		CA - 82.50%		Paid Off - 360		01-Feb-2005
103235982 1			270,250.00		269,501.88			01-Aug-2005		9.900%		CA - 64.89%		Paid Off - 360		01-Feb-2005
103400826 2			306,500.00		305,044.62			01-Jul-2005		6.300%		CA - 81.73%		Paid Off - 360		01-Feb-2005
103286761 3			135,000.00		134,562.90			05-Aug-2005		9.150%		NJ - 56.25%		Paid Off - 360		01-Feb-2005
103550000 2			86,000.00		85,591.64			13-Jun-2005		6.300%		AZ - 47.62%		Paid Off - 360		01-Feb-2005
103371308 1			242,250.00		240,920.30			14-Jul-2005		6.990%		WA - 95.00%		Paid Off - 360		01-Mar-2005
103864781 1			310,000.00		308,470.74			15-Jun-2005		6.100%		NY - 64.68%		Paid Off - 360		01-Feb-2005
103519062 3			100,000.00		99,692.60			01-Aug-2005		9.400%		CA - 23.26%		Paid Off - 360		01-Feb-2005
104159603 1			104,000.00		103,705.62			06-Jul-2005		8.900%		SC - 73.76%		Paid Off - 360		01-Feb-2005
103530986 1			135,000.00		134,445.65			27-Jul-2005		7.050%		PA - 34.18%		Paid Off - 360		01-Mar-2005
104368006 1			249,000.00		247,947.11			29-Jun-2005		6.900%		CA - 52.42%		Paid Off - 360		01-Feb-2005
103616942 3			272,388.00		271,168.08			09-Aug-2005		7.550%		MD - 72.64%		Paid Off - 360		01-Feb-2005
105170146 1			267,533.00		266,707.09			22-Jun-2005		7.350%		IL - 57.53%		Paid Off - 360		01-Mar-2005
103650065 3			148,500.00		147,898.13			01-Aug-2005		8.050%		ME - 90.00%		Paid Off - 360		01-Feb-2005
105457824 3			#######		84,599.20			16-Jun-2005		10.550%		MD - 74.96%		Paid Off - 360		01-Apr-2005
103681722 3			161,500.00		160,971.66			29-Jul-2005		9.100%		IL - 85.00%		Paid Off - 360		01-Feb-2005
106151780 2			92,500.00		92,305.93			01-Jul-2005		9.250%		CA - 24.47%		Paid Off - 360		01-Mar-2005
104013289 3			137,500.00		137,107.19			02-Aug-2005		9.750%		WA - 72.37%		Paid Off - 360		01-Feb-2005
106301344 2			70,000.00		69,504.87			29-Jun-2005		7.750%		ME - 51.85%		Paid Off - 240		01-Mar-2005
104043302 1			102,960.00		102,680.34			03-Aug-2005		9.990%		CT - 66.43%		Paid Off - 360		01-Feb-2005
106490063 2			139,400.00		139,235.65			13-Jun-2005		8.650%		FL - 85.00%		Paid Off - 360		01-May-2005
104063003 3			94,250.00		93,863.38			30-Jul-2005		7.990%		CA - 65.00%		Paid Off - 360		01-Feb-2005
106672686 3			353,000.00		352,107.74			06-Jul-2005		6.900%		CA - 88.25%		Paid Off - 360		01-Apr-2005
104165964 3			417,450.00		415,524.15			04-Aug-2005		7.400%		MD - 82.50%		Paid Off - 360		01-Feb-2005
106795586 2			139,500.00		139,269.20			24-Jun-2005		8.990%		WI - 90.00%		Paid Off - 360		01-Apr-2005
104186507 2			144,000.00		143,649.01			18-Jul-2005		10.500%		MO - 90.00%		Paid Off - 360		01-Feb-2005
106985641 3			593,600.00		592,788.57			30-Jun-2005		9.900%		NJ - 80.00%		Paid Off - 360		01-Apr-2005
104241187 1			147,500.00		146,845.90			12-Jul-2005		7.600%		CT - 71.95%		Paid Off - 360		01-Feb-2005
107278020 1			116,850.00		116,455.82			06-Jul-2005		6.990%		MN - 95.00%		Paid Off - 360		01-Apr-2005
104273164 2			435,000.00		433,544.34			27-Jul-2005		8.990%		NY - 78.38%		Paid Off - 360		01-Feb-2005
107289902 2			148,000.00		147,389.07			01-Jul-2005		5.850%		AZ - 80.00%		Paid Off - 360		01-Mar-2005
104462700 1			355,000.00		353,823.48			20-Jul-2005		6.990%		NY - 89.87%		Paid Off - 360		01-Apr-2005
107318826 1			340,000.00		338,989.17			13-Jun-2005		6.050%		MA - 56.20%		Paid Off - 360		01-Apr-2005
104621107 2			100,000.00		99,695.81			25-Jul-2005		9.450%		CA - 74.96%		Paid Off - 360		01-Feb-2005
107350282 2			126,500.00		126,174.59			27-Jun-2005		6.800%		FL - 84.33%		Paid Off - 360		01-Apr-2005
105027726 1			177,000.00		176,442.64			05-Aug-2005		7.250%		NV - 61.03%		Paid Off - 360		01-Apr-2005
107458226 2			182,000.00		181,773.97			30-Jun-2005		10.350%		NJ - 84.65%		Paid Off - 360		01-Apr-2005
105034524 2			234,000.00		233,027.78			12-Jul-2005		6.990%		RI - 90.00%		Paid Off - 360		01-Mar-2005
107562548 1			85,000.00		84,779.48			16-Jun-2005		7.250%		WI - 80.19%		Paid Off - 360		01-Apr-2005
105304422 2			314,000.00		312,866.21			26-Jul-2005		7.700%		CA - 79.29%		Paid Off - 360		01-Mar-2005
107568966 3			700,000.00		698,591.59			21-Jun-2005		9.450%		NJ - 58.33%		Paid Off - 360		01-Mar-2005
105515464 3			133,000.00		132,490.24			01-Aug-2005		7.400%		CA - 37.47%		Paid Off - 360		01-Mar-2005
107820482 2			137,000.00		136,660.46			15-Jun-2005		6.990%		MD - 83.54%		Paid Off - 360		01-Apr-2005
105779482 1			142,500.00		142,264.22			19-Jul-2005		8.990%		NJ - 75.00%		Paid Off - 360		01-May-2005
107849440 3			193,100.00		192,267.44			01-Jul-2005		6.200%		FL - 87.77%		Paid Off - 360		01-Apr-2005
106014640 1			88,500.00		88,336.60			28-Jul-2005		10.100%		IL - 73.14%		Paid Off - 360		01-Apr-2005
Page 21 of 31
Page 21 of 33
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
July 25, 2005 Distribution
August 25, 2005 Distribution
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment
Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date
107860306 3			374,000.00		373,443.72			28-Jun-2005		9.500%		CA - 85.00%		Paid Off - 360		01-Apr-2005
106079007 3			261,000.00		260,446.72			04-Aug-2005		9.200%		IL - 90.00%		Paid Off - 360		01-Apr-2005
107915365 1			179,000.00		178,636.51			23-Jun-2005		7.990%		MD - 77.49%		Paid Off - 360		01-Apr-2005
106092620 3			200,000.00		199,494.95			02-Aug-2005		8.350%		NY - 38.46%		Paid Off - 360		01-Apr-2005
107942161 2			201,500.00		201,257.67			22-Jun-2005		10.500%		NJ - 74.63%		Paid Off - 360		01-Apr-2005
106124860 3			265,000.00		264,213.78			18-Jul-2005		7.550%		CA - 72.60%		Paid Off - 360		01-Apr-2005
107951782 3			126,000.00		125,827.74			15-Jun-2005		9.900%		FL - 50.40%		Paid Off - 360		01-Apr-2005
106140544 1			106,500.00		106,328.46			18-Jul-2005		10.500%		FL - 75.00%		Paid Off - 360		01-Apr-2005
107962409 1			183,747.00		183,355.41			21-Jun-2005		7.750%		NV - 75.00%		Paid Off - 360		01-Apr-2005
106339526 1			400,000.00		398,848.25			14-Jul-2005		7.700%		NY - 69.57%		Paid Off - 360		01-Apr-2005
107986606 2			170,500.00		170,063.14			30-Jun-2005		7.990%		IL - 87.44%		Paid Off - 360		01-Apr-2005
106419609 1			80,000.00		79,806.28			18-Jul-2005		9.650%		OH - 47.90%		Paid Off - 360		01-Mar-2005
108032764 2			116,500.00		116,306.34			29-Jun-2005		10.300%		IL - 83.21%		Paid Off - 360		01-Apr-2005
106551906 3			548,000.00		546,040.47			19-Jul-2005		6.600%		CA - 88.39%		Paid Off - 360		01-Apr-2005
108033887 3			90,000.00		89,815.76			29-Jun-2005		7.950%		PA - 74.38%		Paid Off - 360		01-Apr-2005
106649288 1			89,250.00		89,083.16			25-Jul-2005		9.800%		WI - 85.00%		Paid Off - 360		01-Apr-2005
108039728 1			228,000.00		227,494.25			21-Jun-2005		7.550%		NV - 75.00%		Paid Off - 360		01-Apr-2005
106732225 1			175,000.00		174,415.47			20-Jul-2005		6.950%		HI - 73.53%		Paid Off - 360		01-Apr-2005
108054941 2			131,250.00		131,086.97			28-Jun-2005		10.350%		PA - 75.00%		Paid Off - 360		01-Apr-2005
106898729 3			154,500.00		154,101.65			20-Jul-2005		9.350%		NY - 19.31%		Paid Off - 360		01-Mar-2005
108070301 3			479,400.00		478,664.18			30-Jun-2005		9.350%		CA - 85.00%		Paid Off - 360		01-Apr-2005
106952609 1			225,000.00		224,291.51			18-Jul-2005		7.250%		NJ - 79.79%		Paid Off - 360		01-Apr-2005
108072745 3			344,913.00		343,952.36			23-Jun-2005		6.500%		CA - 68.98%		Paid Off - 360		01-Apr-2005
106974082 3			67,500.00		67,318.83			26-Jul-2005		8.050%		CA - 23.28%		Paid Off - 360		01-Apr-2005
108084666 1			65,000.00		64,937.75			29-Jun-2005		11.550%		NJ - 40.63%		Paid Off - 360		01-Apr-2005
107116923 2			306,000.00		305,083.05			11-Jul-2005		7.500%		OR - 84.30%		Paid Off - 360		01-Apr-2005
108122243 3			70,000.00		69,857.85			29-Jun-2005		7.990%		CA - 56.00%		Paid Off - 360		01-Apr-2005
107118226 3			380,000.00		378,791.58			08-Aug-2005		7.200%		CA - 89.41%		Paid Off - 360		01-Apr-2005
108138728 3			276,500.00		276,022.52			15-Jun-2005		6.750%		CA - 73.73%		Paid Off - 360		01-May-2005
107118663 1			175,000.00		174,454.37			19-Jul-2005		7.300%		NJ - 87.50%		Paid Off - 360		01-Apr-2005
108152083 3			220,000.00		219,471.66			29-Jun-2005		7.150%		CA - 46.81%		Paid Off - 360		01-Apr-2005
107159501 3			127,500.00		127,090.50			04-Aug-2005		7.150%		NY - 71.63%		Paid Off - 360		01-Apr-2005
108170325 3			115,500.00		115,274.57			13-Jun-2005		8.200%		OH - 57.75%		Paid Off - 360		01-Apr-2005
107183626 1			256,430.00		255,646.18			29-Jul-2005		7.400%		FL - 89.98%		Paid Off - 360		01-Apr-2005
108211269 3			164,249.00		164,004.68			06-Jul-2005		9.500%		FL - 75.00%		Paid Off - 360		01-Apr-2005
107236507 2			117,600.00		117,184.08			10-Aug-2005		6.700%		MN - 87.11%		Paid Off - 360		01-Apr-2005
108221763 1			274,500.00		274,045.84			21-Jun-2005		8.990%		CA - 84.99%		Paid Off - 360		01-Apr-2005
107433468 1			290,000.00		288,952.89			04-Aug-2005		6.550%		CA - 82.86%		Paid Off - 360		01-Apr-2005
108238023 1			141,900.00		141,765.62			13-Jun-2005		9.700%		WI - 83.47%		Paid Off - 360		01-May-2005
107471666 3			205,000.00		204,315.25			11-Jul-2005		6.950%		NJ - 73.21%		Paid Off - 360		01-Apr-2005
108362468 3			145,800.00		145,500.59			30-Jun-2005		8.200%		FL - 90.00%		Paid Off - 360		01-Apr-2005
107480923 2			66,100.00		65,903.26			09-Aug-2005		7.600%		FL - 88.13%		Paid Off - 360		01-Apr-2005
108368861 2			227,000.00		226,647.91			06-Jul-2005		9.300%		GA - 87.31%		Paid Off - 360		01-Apr-2005
107484669 3			411,000.00		409,828.37			22-Jul-2005		7.750%		CA - 45.67%		Paid Off - 360		01-Apr-2005
108385683 2			161,100.00		160,664.94			30-Jun-2005		7.450%		PA - 90.00%		Paid Off - 360		01-Apr-2005
107547549 3			195,500.00		194,851.43			04-Aug-2005		6.990%		CA - 64.74%		Paid Off - 360		01-Apr-2005
108389669 3			184,000.00		183,503.08			23-Jun-2005		6.550%		MD - 73.60%		Paid Off - 360		01-Apr-2005
107566929 3			515,000.00		513,517.14			15-Jul-2005		7.700%		NJ - 74.64%		Paid Off - 360		01-Apr-2005
108393687 1			247,500.00		246,791.78			01-Jul-2005		6.250%		WI - 73.88%		Paid Off - 360		01-Apr-2005
107600421 2			78,750.00		78,610.38			26-Jul-2005		10.050%		IL - 75.00%		Paid Off - 360		01-Apr-2005
108394222 2			255,000.00		254,578.07			06-Jul-2005		8.990%		NJ - 75.00%		Paid Off - 360		01-Apr-2005
107601908 1			142,500.00		142,147.40			22-Jul-2005		8.450%		ME - 75.00%		Paid Off - 360		01-Apr-2005
108409046 3			82,700.00		82,542.31			06-Jul-2005		8.300%		MI - 70.03%		Paid Off - 360		01-Apr-2005
107662769 3			427,750.00		426,455.42			08-Aug-2005		7.450%		CA - 72.50%		Paid Off - 360		01-Apr-2005
108414400 3			391,000.00		390,690.67			07-Jul-2005		12.550%		CA - 83.19%		Paid Off - 360		01-Apr-2005
107739906 2			70,000.00		69,771.39			18-Jul-2005		9.600%		LA - 70.00%		Paid Off - 300		01-Apr-2005
108415027 3			113,000.00		112,763.98			06-Jul-2005		7.850%		FL - 74.34%		Paid Off - 360		01-Apr-2005
107740888 1			319,200.00		317,894.49			28-Jul-2005		5.900%		MA - 82.91%		Paid Off - 360		01-Apr-2005
108551680 3			472,500.00		471,441.42			05-Jul-2005		7.500%		CA - 90.00%		Paid Off - 360		01-Apr-2005
107759946 1			459,000.00		457,530.24			27-Jul-2005		7.400%		HI - 85.00%		Paid Off - 360		01-Apr-2005
108552340 2			340,000.00		339,289.86			16-Jun-2005		7.850%		CA - 77.27%		Paid Off - 360		01-Apr-2005
107804965 1			321,000.00		320,454.62			04-Aug-2005		10.250%		NY - 71.33%		Paid Off - 360		01-Apr-2005
108628587 1			213,750.00		213,366.71			29-Jun-2005		8.600%		CA - 75.00%		Paid Off - 360		01-Apr-2005
107813388 1			189,040.00		188,462.15			01-Aug-2005		7.400%		CA - 72.71%		Paid Off - 360		01-Apr-2005
108638586 3			367,500.00		366,724.64			20-Jun-2005		7.800%		NJ - 86.47%		Paid Off - 360		01-Apr-2005
107900284 1			119,700.00		119,459.67			01-Aug-2005		9.500%		NC - 90.00%		Paid Off - 360		01-Apr-2005
108753666 2			153,750.00		153,468.57			13-Jun-2005		8.500%		MD - 75.00%		Paid Off - 360		01-Apr-2005
107957862 3			396,000.00		395,451.70			13-Jul-2005		11.200%		CA - 80.00%		Paid Off - 360		01-Apr-2005
108856188 3			646,000.00		644,976.90			05-Jul-2005		9.200%		CA - 85.00%		Paid Off - 360		01-Apr-2005
107973521 1			180,000.00		179,336.01			01-Aug-2005		6.990%		MD - 87.81%		Paid Off - 360		01-Apr-2005
108876160 2			99,750.00		99,549.87			22-Jun-2005		8.050%		WI - 75.00%		Paid Off - 360		01-Apr-2005
107986663 3			145,000.00		144,491.45			02-Aug-2005		6.700%		MI - 69.05%		Paid Off - 360		01-Apr-2005
108877606 1			105,500.00		105,258.80			07-Jul-2005		7.990%		LA - 89.94%		Paid Off - 360		01-Apr-2005
108033648 3			93,500.00		93,325.21			02-Aug-2005		9.800%		MD - 85.00%		Paid Off - 360		01-Apr-2005
108909201 3			181,000.00		180,685.30			30-Jun-2005		8.750%		GA - 69.08%		Paid Off - 360		01-Apr-2005
108069923 1			206,000.00		205,554.15			28-Jul-2005		9.100%		PA - 74.91%		Paid Off - 360		01-Apr-2005
Page 22 of 31
Page 22 of 33
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
July 25, 2005 Distribution
August 25, 2005 Distribution
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment
Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date
108965229 1			187,000.00		186,628.65			21-Jun-2005		8.100%		MD - 73.33%		Paid Off - 360		01-Apr-2005
108071440 3			463,500.00		462,580.97			02-Aug-2005		9.550%		MD - 90.00%		Paid Off - 360		01-Apr-2005
109021824 2			135,000.00		134,757.92			05-Jul-2005		8.600%		NJ - 38.57%		Paid Off - 360		01-Apr-2005
108077181 2			159,300.00		159,004.18			20-Jul-2005		9.990%		PA - 90.00%		Paid Off - 360		01-Apr-2005
109023648 1			224,000.00		223,412.45			05-Jul-2005		6.700%		CO - 77.24%		Paid Off - 360		01-Apr-2005
108214164 3			210,000.00		209,277.70			18-Jul-2005		6.800%		MD - 80.15%		Paid Off - 360		01-Apr-2005
109029983 1			215,000.00		214,384.08			30-Jun-2005		6.250%		MA - 53.35%		Paid Off - 360		01-Apr-2005
108290065 1			150,700.00		150,404.43			29-Jul-2005		9.600%		CA - 74.98%		Paid Off - 360		01-Apr-2005
109042689 3			168,000.00		167,723.22			30-Jun-2005		6.990%		MI - 70.00%		Paid Off - 360		01-May-2005
108300641 3			320,000.00		319,216.27			27-Jul-2005		8.500%		NJ - 77.11%		Paid Off - 360		01-Apr-2005
109049502 2			122,500.00		122,339.51			30-Jun-2005		10.100%		IL - 80.70%		Paid Off - 360		01-Apr-2005
108322900 2			132,880.00		132,519.01			27-Jul-2005		7.990%		MI - 80.00%		Paid Off - 360		01-Apr-2005
109063404 1			62,800.00		62,728.65			20-Jun-2005		10.900%		LA - 34.89%		Paid Off - 360		01-Apr-2005
108323585 2			216,750.00		216,099.83			26-Jul-2005		7.500%		MD - 85.00%		Paid Off - 360		01-Apr-2005
109084004 3			476,500.00		475,378.10			14-Jun-2005		7.250%		CA - 86.32%		Paid Off - 360		01-Apr-2005
108327685 1			240,870.00		239,856.78			01-Aug-2005		5.750%		MA - 93.00%		Paid Off - 360		01-Apr-2005
109089722 3			294,597.00		293,950.02			05-Jul-2005		7.600%		CA - 88.05%		Paid Off - 360		01-Apr-2005
108428525 2			120,000.00		118,901.82			04-Aug-2005		5.990%		RI - 45.80%		Paid Off - 240		01-Apr-2005
109126326 1			183,000.00		182,589.99			29-Jun-2005		7.500%		NY - 50.14%		Paid Off - 360		01-Apr-2005
108458225 1			172,000.00		171,453.03			10-Aug-2005		7.200%		RI - 62.32%		Paid Off - 360		01-Apr-2005
109180745 2			98,000.00		97,596.85			30-Jun-2005		9.750%		MD - 52.97%		Paid Off - 240		01-Apr-2005
108483124 1			142,500.00		142,027.75			03-Aug-2005		6.990%		NJ - 95.00%		Paid Off - 360		01-Apr-2005
109224006 3			93,650.00		93,473.24			27-Jun-2005		8.350%		IN - 78.04%		Paid Off - 360		01-Apr-2005
108503061 1			71,500.00		71,395.45			01-Aug-2005		10.950%		WA - 65.00%		Paid Off - 360		01-Apr-2005
109266809 3			115,000.00		114,804.13			20-Jun-2005		8.850%		CA - 65.71%		Paid Off - 360		01-Apr-2005
108538547 1			314,500.00		313,705.83			13-Jul-2005		8.350%		NJ - 85.00%		Paid Off - 360		01-Apr-2005
109308569 3			445,825.00		444,484.29			16-Jun-2005		5.990%		AZ - 83.02%		Paid Off - 360		01-Apr-2005
108546664 3			100,748.00		100,583.98			15-Jul-2005		10.450%		IL - 76.04%		Paid Off - 360		01-Apr-2005
109318741 3			157,500.00		157,199.70			30-Jun-2005		8.300%		KY - 75.00%		Paid Off - 360		01-Apr-2005
108553868 3			292,500.00		291,474.18			26-Jul-2005		6.700%		NY - 90.00%		Paid Off - 360		01-Apr-2005
109333088 1			216,748.00		216,531.17			24-Jun-2005		11.350%		GA - 85.00%		Paid Off - 360		01-Apr-2005
108613225 3			490,000.00		488,426.33			02-Aug-2005		7.150%		MD - 42.21%		Paid Off - 360		01-Apr-2005
109366781 2			328,500.00		328,091.99			21-Jun-2005		10.350%		NJ - 81.11%		Paid Off - 360		01-Apr-2005
108621541 3			199,750.00		199,501.91			13-Jul-2005		10.350%		NV - 85.00%		Paid Off - 360		01-May-2005
109369546 1			260,000.00		259,509.28			30-Jun-2005		8.350%		PA - 74.29%		Paid Off - 360		01-Apr-2005
108644568 3			242,000.00		241,464.14			30-Jul-2005		8.990%		NY - 57.62%		Paid Off - 360		01-Apr-2005
109437129 1			166,000.00		165,572.99			27-Jun-2005		6.800%		MD - 54.07%		Paid Off - 360		01-Apr-2005
108677063 1			297,000.00		296,329.99			15-Jul-2005		8.900%		MD - 67.50%		Paid Off - 360		01-Apr-2005
109462184 3			292,000.00		291,188.24			30-Jun-2005		6.400%		CA - 76.84%		Paid Off - 360		01-Apr-2005
108695867 1			224,250.00		223,597.81			18-Jul-2005		7.650%		WI - 86.25%		Paid Off - 360		01-Apr-2005
109493668 3			181,050.00		180,682.37			14-Jun-2005		7.990%		IL - 85.00%		Paid Off - 360		01-Apr-2005
108791401 1			66,085.00		65,896.58			20-Jul-2005		7.750%		ME - 45.26%		Paid Off - 360		01-Apr-2005
109497487 3			424,000.00		423,069.68			05-Jul-2005		5.500%		CA - 84.80%		Paid Off - 360		01-May-2005
108850348 3			150,860.00		150,412.40			30-Jul-2005		7.550%		WA - 61.33%		Paid Off - 360		01-Apr-2005
109525121 2			112,500.00		112,317.38			07-Jul-2005		9.400%		NJ - 53.57%		Paid Off - 360		01-Apr-2005
108851965 2			284,000.00		283,268.09			03-Aug-2005		8.250%		GA - 65.29%		Paid Off - 360		01-Apr-2005
109558742 3			134,300.00		134,077.79			23-Jun-2005		8.990%		NJ - 85.00%		Paid Off - 360		01-Apr-2005
108852583 1			248,000.00		246,916.88			25-Jul-2005		5.550%		CA - 75.15%		Paid Off - 360		01-Apr-2005
109589523 1			119,000.00		118,795.22			20-Jun-2005		8.800%		CT - 85.00%		Paid Off - 360		01-Apr-2005
108971847 3			600,000.00		598,370.17			30-Jul-2005		7.990%		NY - 66.67%		Paid Off - 360		01-Apr-2005
109616268 3			60,000.00		59,911.67			13-Jun-2005		9.550%		FL - 46.88%		Paid Off - 360		01-Apr-2005
108984386 3			114,000.00		113,728.38			27-Jul-2005		8.650%		MD - 47.11%		Paid Off - 360		01-Apr-2005
109626481 2			261,000.00		260,449.32			30-Jun-2005		7.800%		NV - 90.00%		Paid Off - 360		01-Apr-2005
109008342 3			399,585.00		398,468.54			19-Jul-2005		7.850%		CA - 73.18%		Paid Off - 360		01-Apr-2005
109646000 3			76,038.00		75,452.03			28-Jun-2005		9.400%		NY - 34.56%		Paid Off - 180		01-Apr-2005
109018622 3			459,000.00		457,405.84			01-Aug-2005		6.750%		CO - 71.72%		Paid Off - 360		01-Apr-2005
109657262 1			337,500.00		337,134.84			21-Jun-2005		10.990%		NJ - 75.00%		Paid Off - 360		01-Apr-2005
109035121 1			77,600.00		77,389.18			29-Jul-2005		7.990%		MO - 65.21%		Paid Off - 360		01-Apr-2005
109670125 3			198,000.00		197,785.77			07-Jul-2005		10.990%		SC - 55.00%		Paid Off - 360		01-Apr-2005
109046300 2			105,072.00		104,126.41			18-Jul-2005		6.900%		CA - 79.00%		Paid Off - 360		01-Apr-2005
109717785 3			185,250.00		184,863.07			21-Jun-2005		7.850%		CA - 75.00%		Paid Off - 360		01-Apr-2005
109070581 3			450,000.00		448,160.01			02-Aug-2005		5.900%		CA - 90.00%		Paid Off - 360		01-Apr-2005
109718882 3			137,314.00		137,006.36			08-Jul-2005		7.500%		FL - 87.46%		Paid Off - 360		01-Apr-2005
109077206 3			243,069.00		242,199.81			08-Aug-2005		6.600%		FL - 79.70%		Paid Off - 360		01-Apr-2005
109760280 1			68,000.00		67,805.73			07-Jul-2005		8.990%		TN - 79.07%		Paid Off - 360		01-Apr-2005
109152140 1			139,435.00		139,041.46			27-Jul-2005		7.800%		FL - 79.68%		Paid Off - 360		01-Apr-2005
109761783 1			117,000.00		116,843.08			06-Jul-2005		9.990%		NJ - 90.00%		Paid Off - 360		01-Apr-2005
109161844 2			114,000.00		113,681.44			21-Jul-2005		7.850%		FL - 75.00%		Paid Off - 360		01-Apr-2005
109787481 2			233,750.00		233,459.67			22-Jun-2005		10.350%		NJ - 83.48%		Paid Off - 360		01-Apr-2005
109180687 1			354,000.00		352,885.30			26-Jul-2005		7.250%		NJ - 63.21%		Paid Off - 360		01-Apr-2005
109791822 2			181,500.00		181,002.27			28-Jun-2005		6.500%		WA - 86.43%		Paid Off - 360		01-Apr-2005
109185348 3			494,900.00		491,682.24			12-Jul-2005		5.850%		CA - 81.80%		Paid Off - 360		01-Apr-2005
109837229 3			148,000.00		147,714.91			01-Jul-2005		8.250%		ME - 74.00%		Paid Off - 360		01-Apr-2005
109191361 1			115,000.00		114,672.16			11-Jul-2005		7.750%		IL - 82.14%		Paid Off - 360		01-Apr-2005
109846766 2			147,000.00		146,701.51			21-Jun-2005		7.990%		CA - 60.00%		Paid Off - 360		01-Apr-2005
109202887 3			267,000.00		266,183.85			29-Jul-2005		7.400%		CA - 73.96%		Paid Off - 360		01-Apr-2005
Page 23 of 31
Page 23 of 33
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
July 25, 2005 Distribution
August 25, 2005 Distribution
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment
Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date
109850966 2			94,500.00		94,265.79			24-Jun-2005		6.990%		PA - 90.00%		Paid Off - 360		01-Apr-2005
109210724 3			245,700.00		245,320.91			02-Aug-2005		10.700%		CO - 66.41%		Paid Off - 360		01-Apr-2005
109854224 2			119,000.00		118,731.35			21-Jun-2005		10.250%		IL - 85.00%		Paid Off - 360		01-May-2005
109216887 2			220,000.00		219,749.98			02-Aug-2005		12.100%		CO - 80.00%		Paid Off - 360		01-Apr-2005
109890202 1			236,969.00		236,589.77			20-Jun-2005		9.150%		CA - 89.69%		Paid Off - 360		01-Apr-2005
109223008 2			75,000.00		74,825.48			28-Jul-2005		8.750%		FL - 45.46%		Paid Off - 360		01-Apr-2005
109892364 3			703,000.00		701,700.02			01-Jul-2005		8.450%		CA - 74.00%		Paid Off - 360		01-Apr-2005
109225086 3			511,000.00		509,190.40			30-Jul-2005		6.650%		CA - 86.91%		Paid Off - 360		01-Apr-2005
109908848 2			215,000.00		214,546.37			05-Jul-2005		7.800%		NJ - 81.13%		Paid Off - 360		01-Apr-2005
109253963 2			252,000.00		251,363.63			25-Jul-2005		8.350%		NJ - 80.00%		Paid Off - 360		01-Apr-2005
109969501 1			69,000.00		68,907.45			08-Jul-2005		9.990%		MI - 84.61%		Paid Off - 360		01-Apr-2005
109262444 3			416,500.00		414,966.88			18-Jul-2005		6.450%		CA - 88.62%		Paid Off - 360		01-Apr-2005
109977082 2			103,000.00		102,830.32			01-Jul-2005		6.990%		NJ - 79.54%		Paid Off - 360		01-May-2005
109266049 3			110,000.00		108,900.49			10-Aug-2005		9.750%		IL - 66.67%		Paid Off - 180		01-Apr-2005
109982447 1			202,000.00		201,573.82			17-Jun-2005		7.800%		NV - 75.37%		Paid Off - 360		01-Apr-2005
109294900 2			284,750.00		283,660.78			14-Jul-2005		6.250%		FL - 85.00%		Paid Off - 360		01-Apr-2005
109999102 1			108,780.00		108,600.02			27-Jun-2005		8.990%		FL - 90.00%		Paid Off - 360		01-Apr-2005
109328823 1			278,000.00		275,048.39			04-Aug-2005		7.400%		CA - 70.92%		Paid Off - 360		01-Apr-2005
110025483 1			158,116.00		157,758.19			30-Jun-2005		7.450%		OR - 84.10%		Paid Off - 360		01-Apr-2005
109340380 3			82,000.00		81,838.42			14-Jul-2005		9.550%		WI - 65.60%		Paid Off - 360		01-Apr-2005
110044666 1			128,000.00		127,797.28			17-Jun-2005		9.200%		NJ - 69.19%		Paid Off - 360		01-Apr-2005
109350447 2			273,500.00		272,751.03			10-Aug-2005		7.950%		CA - 53.11%		Paid Off - 360		01-Apr-2005
110156809 2			136,728.00		136,316.82			22-Jun-2005		5.990%		CA - 73.63%		Paid Off - 360		01-Apr-2005
109375220 3			266,000.00		265,128.76			26-Jul-2005		7.050%		PA - 81.85%		Paid Off - 360		01-Apr-2005
110183381 1			234,551.00		233,805.80			07-Jul-2005		5.700%		CA - 80.00%		Paid Off - 360		01-Apr-2005
109384743 3			94,000.00		93,737.34			09-Aug-2005		7.850%		NJ - 42.10%		Paid Off - 360		01-Apr-2005
110189503 2			67,500.00		67,402.71			30-Jun-2005		9.650%		TN - 75.00%		Paid Off - 360		01-Apr-2005
109386144 3			295,500.00		294,697.29			29-Jul-2005		7.990%		FL - 71.21%		Paid Off - 360		01-Apr-2005
110222007 3			740,000.00		738,358.56			06-Jul-2005		7.550%		MD - 54.82%		Paid Off - 360		01-Apr-2005
109468207 1			168,945.00		168,535.41			26-Jul-2005		8.550%		MA - 79.77%		Paid Off - 360		01-Apr-2005
110259207 2			304,900.00		304,230.38			30-Jun-2005		7.600%		AL - 89.68%		Paid Off - 360		01-Apr-2005
109487207 1			106,250.00		105,877.36			26-Jul-2005		6.700%		FL - 85.00%		Paid Off - 360		01-Apr-2005
110288727 3			81,000.00		80,785.44			22-Jun-2005		6.650%		FL - 78.64%		Paid Off - 360		01-Apr-2005
109549089 3			114,000.00		113,626.61			29-Jul-2005		7.050%		CA - 83.82%		Paid Off - 360		01-Apr-2005
110319225 3			133,800.00		133,528.30			17-Jun-2005		7.990%		CO - 72.47%		Paid Off - 360		01-Apr-2005
109586180 2			331,500.00		331,088.54			30-Jul-2005		11.700%		CA - 85.00%		Paid Off - 360		01-Apr-2005
110335445 1			120,000.00		119,728.44			21-Jun-2005		7.450%		NJ - 40.86%		Paid Off - 360		01-Apr-2005
109603944 2			77,000.00		76,860.52			14-Jul-2005		10.050%		NJ - 40.53%		Paid Off - 360		01-Apr-2005
110339389 3			735,000.00		733,598.59			30-Jun-2005		8.300%		CA - 84.97%		Paid Off - 360		01-Apr-2005
109630129 1			198,900.00		198,188.75			29-Jul-2005		6.600%		MI - 90.00%		Paid Off - 360		01-Apr-2005
110419280 2			173,000.00		172,409.88			24-Jun-2005		7.990%		NC - 62.91%		Paid Off - 240		01-May-2005
109634360 1			134,935.00		134,685.40			02-Aug-2005		9.850%		GA - 84.87%		Paid Off - 360		01-Apr-2005
110439981 2			111,500.00		111,355.85			30-Jun-2005		8.200%		NJ - 82.59%		Paid Off - 360		01-May-2005
109639062 2			201,500.00		201,050.09			02-Aug-2005		8.950%		TN - 83.96%		Paid Off - 360		01-Apr-2005
110453305 3			430,000.00		429,228.93			14-Jun-2005		8.600%		CA - 87.76%		Paid Off - 360		01-Apr-2005
109654863 1			374,342.00		373,186.33			03-Aug-2005		7.350%		HI - 75.63%		Paid Off - 360		01-Apr-2005
110454626 1			60,323.00		59,760.96			14-Jun-2005		7.250%		FL - 41.93%		Paid Off - 180		01-Apr-2005
109659300 3			73,320.00		73,089.10			13-Jul-2005		7.250%		FL - 66.66%		Paid Off - 360		01-Apr-2005
110464583 1			228,000.00		227,793.07			06-Jul-2005		9.900%		NJ - 67.06%		Paid Off - 360		01-May-2005
109772004 3			112,200.00		111,903.75			03-Aug-2005		8.250%		WI - 85.00%		Paid Off - 360		01-Apr-2005
110471307 2			263,500.00		263,108.06			20-Jun-2005		9.500%		NJ - 85.00%		Paid Off - 360		01-Apr-2005
109778886 1			65,436.00		65,288.35			27-Jul-2005		8.900%		FL - 37.23%		Paid Off - 360		01-Apr-2005
110484821 2			67,000.00		66,905.11			15-Jun-2005		7.750%		MO - 54.92%		Paid Off - 360		01-May-2005
109793646 3			113,851.00		112,520.55			09-Aug-2005		7.990%		AL - 61.88%		Paid Off - 180		01-Apr-2005
110497062 2			262,000.00		261,495.33			01-Jul-2005		8.250%		CA - 79.39%		Paid Off - 360		01-Apr-2005
109802769 3			189,000.00		188,522.70			25-Jul-2005		8.350%		NJ - 90.00%		Paid Off - 360		01-Apr-2005
110524600 2			297,000.00		296,205.69			27-Jun-2005		6.600%		MN - 90.00%		Paid Off - 360		01-Apr-2005
109808246 3			409,000.00		407,977.65			28-Jul-2005		8.400%		CA - 80.40%		Paid Off - 360		01-Apr-2005
110572021 2			225,369.00		225,121.36			21-Jun-2005		8.990%		GA - 89.26%		Paid Off - 360		01-May-2005
109816108 3			165,000.00		164,551.76			30-Jul-2005		7.990%		FL - 65.22%		Paid Off - 360		01-Apr-2005
110591088 1			144,000.00		143,774.28			24-Jun-2005		9.250%		MD - 59.75%		Paid Off - 360		01-Apr-2005
109838748 1			282,500.00		281,332.88			12-Jul-2005		6.500%		CA - 78.47%		Paid Off - 360		01-Apr-2005
110634706 1			138,000.00		137,693.88			08-Jul-2005		7.550%		LA - 71.50%		Paid Off - 360		01-Apr-2005
109846105 3			266,400.00		265,447.41			13-Jul-2005		6.600%		MD - 90.00%		Paid Off - 360		01-Apr-2005
110638285 2			142,000.00		141,627.52			24-Jun-2005		6.700%		MD - 81.14%		Paid Off - 360		01-Apr-2005
109864785 3			236,940.00		236,399.96			19-Jul-2005		8.850%		FL - 82.50%		Paid Off - 360		01-Apr-2005
110639606 3			100,000.00		99,500.74			16-Jun-2005		7.650%		PA - 45.46%		Paid Off - 360		01-May-2005
109921825 1			63,750.00		63,672.57			05-Aug-2005		11.800%		FL - 75.00%		Paid Off - 360		01-Apr-2005
110700226 2			178,500.00		178,217.28			06-Jul-2005		9.200%		FL - 70.00%		Paid Off - 360		01-Apr-2005
109925289 1			290,000.00		289,104.73			25-Jul-2005		7.350%		NY - 40.85%		Paid Off - 360		01-Apr-2005
110725629 2			322,500.00		321,921.71			16-Jun-2005		8.600%		FL - 75.00%		Paid Off - 360		01-Apr-2005
109928200 3			307,000.00		306,104.53			20-Jul-2005		6.150%		CA - 48.08%		Paid Off - 360		01-May-2005
110761004 3			162,000.00		161,647.76			20-Jun-2005		7.650%		NY - 81.00%		Paid Off - 360		01-Apr-2005
109928424 3			112,500.00		112,207.09			18-Jul-2005		8.200%		DE - 75.00%		Paid Off - 360		01-Apr-2005
110893609 3			337,500.00		336,829.79			01-Jul-2005		8.100%		NY - 69.59%		Paid Off - 360		01-Apr-2005
109938704 1			195,000.00		194,555.54			29-Jul-2005		8.850%		NJ - 75.00%		Paid Off - 360		01-Apr-2005
Page 24 of 31
Page 24 of 33
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
July 25, 2005 Distribution
August 25, 2005 Distribution
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment
Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date
110985447 3			483,000.00		482,381.90			01-Jul-2005		8.250%		CA - 74.88%		Paid Off - 360		01-May-2005
109954545 2			255,000.00		254,197.59			09-Aug-2005		6.650%		CA - 85.00%		Paid Off - 360		01-May-2005
111091344 3			65,000.00		64,892.45			29-Jun-2005		8.990%		AZ - 59.09%		Paid Off - 360		01-Apr-2005
109967349 1			144,000.00		143,625.11			03-Aug-2005		8.200%		MD - 90.00%		Paid Off - 360		01-Apr-2005
111097804 2			150,000.00		149,692.22			21-Jun-2005		5.950%		DE - 75.00%		Paid Off - 360		01-May-2005
109991067 2			148,500.00		148,041.54			25-Jul-2005		7.350%		MD - 90.00%		Paid Off - 360		01-Apr-2005
111099941 1			152,000.00		151,764.25			27-Jun-2005		9.300%		AZ - 86.86%		Paid Off - 360		01-Apr-2005
110018025 3			143,000.00		142,571.49			12-Jul-2005		7.500%		MI - 86.67%		Paid Off - 360		01-Apr-2005
111132528 2			157,500.00		157,350.86			27-Jun-2005		9.700%		NJ - 75.00%		Paid Off - 360		01-May-2005
110024080 2			255,728.00		253,536.37			15-Jul-2005		6.150%		CA - 44.12%		Paid Off - 240		01-Apr-2005
111193488 2			236,000.00		235,572.13			17-Jun-2005		6.500%		CA - 78.67%		Paid Off - 360		01-May-2005
110034667 2			132,000.00		131,718.68			20-Jul-2005		7.750%		NV - 64.71%		Paid Off - 360		01-May-2005
111221008 1			301,500.00		301,059.97			28-Jun-2005		7.600%		FL - 90.00%		Paid Off - 360		01-May-2005
110059607 3			352,000.00		350,902.53			04-Aug-2005		7.300%		CA - 80.00%		Paid Off - 360		01-Apr-2005
111287603 3			61,500.00		61,440.52			16-Jun-2005		9.600%		FL - 72.35%		Paid Off - 360		01-May-2005
110072949 1			90,602.00		90,348.85			15-Jul-2005		7.850%		IL - 54.25%		Paid Off - 360		01-Apr-2005
111442406 1			228,750.00		228,419.43			05-Jul-2005		8.450%		MD - 75.00%		Paid Off - 360		01-May-2005
110092061 3			157,500.00		157,277.91			02-Aug-2005		11.300%		MD - 75.00%		Paid Off - 360		01-Apr-2005
111480141 1			206,000.00		205,766.96			06-Jul-2005		8.850%		CA - 74.91%		Paid Off - 360		01-May-2005
110124369 3			96,150.00		95,966.44			20-Jul-2005		9.700%		CT - 73.99%		Paid Off - 360		01-Apr-2005
111499844 2			61,163.00		61,081.47			07-Jul-2005		8.050%		MI - 50.55%		Paid Off - 360		01-May-2005
110139367 2			125,000.00		124,789.30			09-Aug-2005		8.900%		MN - 77.40%		Paid Off - 360		01-May-2005
111549887 2			110,000.00		109,851.58			27-Jun-2005		7.990%		MN - 78.57%		Paid Off - 360		01-May-2005
110172525 2			126,000.00		125,801.14			26-Jul-2005		10.600%		NJ - 86.90%		Paid Off - 360		01-Apr-2005
111607487 2			209,500.00		209,162.27			01-Jul-2005		7.100%		IL - 52.64%		Paid Off - 360		01-May-2005
110175866 3			82,500.00		82,401.98			26-Jul-2005		11.900%		NY - 75.00%		Paid Off - 360		01-Apr-2005
111668885 2			299,000.00		298,559.24			06-Jul-2005		7.550%		CA - 65.71%		Paid Off - 360		01-May-2005
110178423 1			347,000.00		345,960.18			03-Aug-2005		7.500%		SC - 82.62%		Paid Off - 360		01-Apr-2005
111714127 1			79,000.00		78,900.93			06-Jul-2005		8.350%		IN - 79.00%		Paid Off - 360		01-May-2005
110196227 3			674,050.00		672,829.36			10-Aug-2005		9.950%		CA - 85.00%		Paid Off - 360		01-Apr-2005
111835583 3			499,999.00		499,530.55			16-Jun-2005		9.750%		CA - 75.38%		Paid Off - 360		01-May-2005
110222627 2			171,000.00		170,541.06			10-Aug-2005		8.050%		MD - 90.00%		Paid Off - 360		01-Apr-2005
111849949 1			160,000.00		158,058.22			21-Jun-2005		6.150%		MD - 61.54%		Paid Off - 120		01-May-2005
110229887 1			277,146.00		276,217.40			02-Aug-2005		7.050%		MD - 89.40%		Paid Off - 360		01-Apr-2005
111953345 1			189,000.00		188,640.39			14-Jun-2005		6.250%		NY - 29.08%		Paid Off - 360		01-May-2005
110239183 1			199,000.00		198,166.36			28-Jul-2005		5.900%		MA - 88.44%		Paid Off - 360		01-Apr-2005
112099627 3			321,000.00		320,711.75			20-Jun-2005		9.950%		NH - 79.26%		Paid Off - 360		01-May-2005
110256864 2			182,000.00		181,496.57			22-Jul-2005		7.900%		CA - 80.89%		Paid Off - 360		01-Apr-2005
112537360 3			600,000.00		599,115.53			20-Jun-2005		7.550%		MI - 88.37%		Paid Off - 360		01-May-2005
110304805 1			101,831.00		101,612.90			29-Jul-2005		9.750%		WI - 88.55%		Paid Off - 360		01-Apr-2005
113184808 1			156,000.00		155,810.31			01-Jul-2005		8.500%		MD - 61.66%		Paid Off - 360		01-May-2005
110320942 2			235,500.00		235,011.10			19-Jul-2005		9.300%		NJ - 67.29%		Paid Off - 360		01-Apr-2005
113566129 3			244,000.00		243,670.79			06-Jul-2005		7.990%		IL - 87.14%		Paid Off - 360		01-May-2005
110374584 1			155,000.00		154,674.83			26-Jul-2005		9.250%		NJ - 67.46%		Paid Off - 360		01-Apr-2005
111143624 2			272,000.00		271,506.87			05-Jul-2005		6.500%		CT - 82.42%		Repur/Subs - 360		01-May-2005
110389608 2			318,000.00		316,968.62			09-Aug-2005		7.100%		NJ - 50.48%		Paid Off - 360		01-Apr-2005
TOTAL			46,881,596.00		46,747,693.56
110406261 2			253,000.00		252,262.45			05-Aug-2005		7.990%		NJ - 81.61%		Paid Off - 360		01-Apr-2005
Page 25 of 31
110412061 3			391,500.00		390,303.30			04-Aug-2005		7.400%		CA - 73.87%		Paid Off - 360		01-Apr-2005
110454048 1			236,150.00		235,399.03			05-Aug-2005		7.200%		MD - 90.00%		Paid Off - 360		01-Apr-2005
110456126 3			323,000.00		322,122.61			02-Aug-2005		7.990%		SC - 89.72%		Paid Off - 360		01-Apr-2005
110464666 2			148,500.00		148,154.45			25-Jul-2005		8.750%		NH - 59.40%		Paid Off - 360		01-Apr-2005
110489689 2			330,300.00		329,942.66			25-Jul-2005		10.990%		GA - 90.00%		Paid Off - 360		01-May-2005
110498003 3			338,300.00		337,749.26			08-Aug-2005		10.450%		CA - 85.00%		Paid Off - 360		01-Apr-2005
110515228 2			112,000.00		111,794.61			20-Jul-2005		9.900%		MD - 70.00%		Paid Off - 360		01-Apr-2005
110544608 3			61,121.00		61,021.63			08-Aug-2005		10.500%		GA - 63.01%		Paid Off - 360		01-Apr-2005
110562907 2			152,155.00		151,971.99			30-Jul-2005		10.500%		IL - 90.00%		Paid Off - 360		01-May-2005
110569167 1			161,100.00		160,636.15			28-Jul-2005		7.700%		PA - 90.00%		Paid Off - 360		01-Apr-2005
110594900 1			200,673.00		200,127.89			27-Jul-2005		7.990%		FL - 90.00%		Paid Off - 360		01-Apr-2005
110604485 2			184,500.00		183,936.01			03-Aug-2005		7.400%		FL - 90.00%		Paid Off - 360		01-Apr-2005
110624145 3			172,554.00		172,005.26			29-Jul-2005		7.200%		CA - 66.37%		Paid Off - 360		01-Apr-2005
110637667 2			270,000.00		269,141.39			01-Aug-2005		7.200%		NJ - 47.79%		Paid Off - 360		01-Apr-2005
Page 25 of 33
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
July 25, 2005 Distribution
August 25, 2005 Distribution
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment
Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date
110655545 3			400,000.00		398,392.12			25-Jul-2005		5.990%		WI - 78.43%		Paid Off - 360		01-Apr-2005
110684222 2			160,000.00		159,764.50			05-Aug-2005		9.550%		OR - 84.21%		Paid Off - 360		01-May-2005
110782448 2			263,500.00		263,045.92			02-Aug-2005		8.800%		FL - 85.00%		Paid Off - 360		01-May-2005
110827524 2			129,750.00		129,318.85			18-Jul-2005		7.990%		WY - 75.00%		Paid Off - 360		01-Apr-2005
110869187 3			411,000.00		410,106.38			26-Jul-2005		7.650%		MD - 84.39%		Paid Off - 360		01-May-2005
110893542 2			90,000.00		89,755.49			01-Aug-2005		7.990%		ME - 75.00%		Paid Off - 360		01-Apr-2005
110966165 3			134,000.00		133,800.68			01-Aug-2005		9.500%		NJ - 67.00%		Paid Off - 360		01-May-2005
110966181 2			81,000.00		80,867.62			20-Jul-2005		9.050%		NJ - 13.39%		Paid Off - 360		01-May-2005
110983665 3			130,000.00		129,598.98			13-Jul-2005		7.400%		MD - 68.42%		Paid Off - 360		01-Apr-2005
110998101 1			242,000.00		241,207.38			14-Jul-2005		7.050%		CA - 79.34%		Paid Off - 360		01-Apr-2005
111067427 2			217,530.00		216,891.00			28-Jul-2005		7.600%		FL - 90.00%		Paid Off - 360		01-Apr-2005
111068888 2			95,400.00		95,250.45			19-Jul-2005		9.250%		NY - 90.00%		Paid Off - 360		01-May-2005
111076261 1			252,000.00		251,462.97			28-Jul-2005		7.750%		CA - 90.00%		Paid Off - 360		01-May-2005
111120960 1			85,000.00		84,785.33			08-Aug-2005		8.350%		PA - 53.13%		Paid Off - 360		01-Apr-2005
111138145 1			119,000.00		118,708.55			02-Aug-2005		8.500%		FL - 82.07%		Paid Off - 360		01-Apr-2005
111176749 1			228,000.00		227,378.28			03-Aug-2005		6.500%		MD - 62.98%		Paid Off - 360		01-May-2005
111229688 3			168,500.00		168,114.88			09-Aug-2005		7.400%		ME - 78.92%		Paid Off - 360		01-May-2005
111247466 3			100,000.00		99,635.44			29-Jul-2005		6.500%		MA - 47.96%		Paid Off - 360		01-Apr-2005
111274643 3			200,000.00		199,630.15			04-Aug-2005		8.450%		ME - 71.17%		Paid Off - 360		01-May-2005
111282927 2			310,000.00		309,370.55			29-Jul-2005		7.990%		IL - 89.34%		Paid Off - 360		01-May-2005
111418562 1			244,000.00		243,478.08			02-Aug-2005		7.750%		MD - 81.33%		Paid Off - 360		01-May-2005
111421582 2			265,500.00		264,988.58			02-Aug-2005		8.250%		MD - 90.00%		Paid Off - 360		01-May-2005
111628749 2			114,000.00		113,789.18			01-Aug-2005		8.450%		FL - 66.67%		Paid Off - 360		01-May-2005
111666541 1			177,300.00		176,933.38			01-Aug-2005		7.900%		MD - 88.65%		Paid Off - 360		01-May-2005
111852448 3			225,200.00		224,710.36			29-Jul-2005		7.650%		NH - 76.34%		Paid Off - 360		01-May-2005
111866224 2			244,000.00		243,596.31			27-Jul-2005		8.990%		MD - 87.14%		Paid Off - 360		01-May-2005
111888988 1			92,041.00		91,915.17			28-Jul-2005		9.900%		WI - 76.70%		Paid Off - 360		01-May-2005
111937306 3			94,400.00		94,261.04			14-Jul-2005		9.550%		ME - 82.09%		Paid Off - 360		01-May-2005
111948485 1			263,500.00		262,678.49			02-Aug-2005		5.800%		MD - 84.46%		Paid Off - 360		01-May-2005
112013669 1			93,600.00		93,417.86			05-Aug-2005		8.200%		MI - 76.10%		Paid Off - 360		01-May-2005
112036223 1			270,000.00		269,227.42			01-Aug-2005		6.250%		CA - 89.61%		Paid Off - 360		01-May-2005
112039748 1			175,001.00		174,612.82			03-Aug-2005		7.550%		CA - 63.64%		Paid Off - 360		01-May-2005
112086889 3			212,500.00		212,144.67			27-Jul-2005		8.950%		CA - 85.00%		Paid Off - 360		01-May-2005
112133707 1			60,000.00		59,932.35			28-Jul-2005		10.800%		IN - 82.19%		Paid Off - 360		01-May-2005
112173240 3			108,000.00		107,746.28			21-Jul-2005		7.900%		CA - 63.57%		Paid Off - 360		01-May-2005
112395322 2			76,500.00		76,394.31			25-Jul-2005		9.850%		FL - 85.00%		Paid Off - 360		01-May-2005
112414362 1			180,000.00		179,673.90			09-Aug-2005		8.550%		NJ - 69.23%		Paid Off - 360		01-May-2005
112579842 3			135,000.00		134,760.39			25-Jul-2005		8.650%		CA - 22.88%		Paid Off - 360		01-May-2005
Page 26 of 33
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
August 25, 2005 Distribution
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment
Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date
112632542 2			127,875.00		127,613.24			30-Jul-2005		7.950%		WI - 82.50%		Paid Off - 360		01-May-2005
112707443 3			346,000.00		345,713.02			28-Jul-2005		12.200%		CA - 72.84%		Paid Off - 360		01-May-2005
113845606 3			576,900.00		575,326.91			22-Jul-2005		6.500%		MN - 90.00%		Paid Off - 360		01-May-2005
113990303 3			210,000.00		209,520.05			28-Jul-2005		7.400%		CA - 73.68%		Paid Off - 360		01-May-2005
114501802 1			170,000.00		169,749.79			14-Jul-2005		9.550%		ME - 85.00%		Paid Off - 360		01-May-2005
TOTAL			58,635,738.00		58,438,880.70
Page 27 of 33
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
August 25, 2005 Distribution
Realized Loss Report
COLLATERAL REALIZED LOSSES
									Group 3		Group 2		Group 1		Total
Current
Number of Loans Liquidated								0		0		0		0
Collateral Principal Realized Loss/(Gain) Amount								0.00		0.00		0.00		0.00
Collateral Interest Realized Loss/(Gain) Amount								0.00		0.00		0.00		0.00
Net Liquidation Proceeds								0.00		0.00		0.00		0.00
Cumulative
Number of Loans Liquidated								0		0		0		0
Collateral Realized Loss/(Gain) Amount								0.00		0.00		0.00		0.00
Net Liquidation Proceeds								0.00		0.00		0.00		0.00
Page 26 of 31
Page 28 of 33
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
July 25, 2005 Distribution
August 25, 2005 Distribution
DEFAULT SPEEDS
									Group 3		Group 2		Group 1		Total
MDR								0.00%		0.00%		0.00%		0.00%
3 Months Avg MDR								0.00%		0.00%		0.00%		0.00%
12 Months Avg MDR								0.00%		0.00%		0.00%		0.00%
Avg MDR Since Cut-off								0.00%		0.00%		0.00%		0.00%
CDR								0.00%		0.00%		0.00%		0.00%
3 Months Avg CDR								0.00%		0.00%		0.00%		0.00%
12 Months Avg CDR								0.00%		0.00%		0.00%		0.00%
Avg CDR Since Cut-off								0.00%		0.00%		0.00%		0.00%
SDA								0.00%		0.00%		0.00%		0.00%
3 Months Avg SDA Approximation								0.00%		0.00%		0.00%		0.00%
12 Months Avg SDA Approximation								0.00%		0.00%		0.00%		0.00%
Avg SDA Since Cut-off Approximation								0.00%		0.00%		0.00%		0.00%
Loss Severity Approximation for Current Period								0.00%		0.00%		0.00%		0.00%
3 Months Avg Loss Severity Approximation								0.00%		0.00%		0.00%		0.00%
12 Months Avg Loss Severity Approximation								0.00%		0.00%		0.00%		0.00%
Avg Loss Severity Approximation Since Cut-off								0.00%		0.00%		0.00%		0.00%
Page 27 of 31
Page 29 of 33
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
July 25, 2005 Distribution
August 25, 2005 Distribution
COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY
	Monthly Default Rate (MDR): (Beg Principal Balance of Liquidated Loans)/(Total Beg Principal Balance)
	Conditional Default Rate (CDR): 1-((1-MDR)^12)
	SDA Standard Default Assumption: CDR/IF(WAS<61,MIN(30,WAS)0.02,MAX(0.03,MIN(30,WAS)0.02-0.0095*(WAS-60)))
	Average MDR over period between nth month and mth month (AvgMDRn,m): [(1-MDRn)(1-MDRn+1)...*(1-MDRm)]^(1/months in period n,m)
	Average CDR over period between the nth month and mth month (AvgCDRn,m): 1-((1-AvgMDRn,m)^12)
	Average SDA Approximation over period between the nth month and mth month:
	AvgCDRn,m/IF(Avg WASn,m<61,MIN(30,Avg WASn,m)0.02,MAX(0.03,MIN(30,Avg WASn,m)0.02-0.0095*(Avg WASn,m-60)))
	Average WASn,m: (WASn + WASn+1 +...+ WASm )/(number of months in the period n,m)
	Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)
	Average Loss Severity Approximation over period between nth month and mth month: Avg(Loss Severityn,m)
	Note: Default rates are calculated since deal issue date and include realized gains and additional realized losses and gains from prior periods.
	Dates correspond to distribution dates.
Page 28 of 31
Page 30 of 33
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
July 25, 2005 Distribution
August 25, 2005 Distribution
Realized Loss Detail Report
Loan Number			Current		State &				Prior		Realized				Cumulative
&		Loan	Note		LTV at		Original		Principal		Loss/(Gain)		Realized		Realized
Loan Group		Status	Rate		Origination		Term		Balance		Revision		Loss/(Gain)		Loss/(Gain)
TOTAL
Page 29 of 31
Page 31 of 33
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
July 25, 2005 Distribution
August 25, 2005 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS
								Group 3		Group 2		Group 1		Total
						Does a Trigger Event Exist? (0=No,1=Yes)								0
						Has a Stepdown Date Occurred? (0=No,1=Yes)								0
						Balances 60+ days includes REO, BKC and FCL								715,~~787~~112,~~094~~605.6863
						Delinquency Percentage								0.~~4110~~8237%
						Balance of Mezzanine and C Class								250,000,000.05
						Ending Pool Balance								1,~~894~~834,~~853~~694,~~683~~082.2662
						Credit Enhancement Percentage (Current Period)								13.~~1936~~6262%
						Credit Enhancement Percentage (Prior Period)								1213.~~8648~~1936%
ADJUSTABLE RATE CERTIFICATE INFORMATION
SPACE INTENTIONALLY LEFT BLANK
ADDITIONAL INFORMATION
								Group 3		Group 2		Group 1		Total
Current LIBOR Rate														3.~~314380~~460000%
Next LIBOR Rate														0.000000%
Page 30 of 31
Page 32 of 33
Ameriquest Mortgage Securities, Inc. 2005-R3
Mortgage Pass-Through Certificates
2005-R3
July 25, 2005 Distribution
August 25, 2005 Distribution
Additional Certificate Report
ADDITIONAL CERTIFICATE REPORT
CLASS
Page 31 of 31
Page 33 of 33

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