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

           Financial Asset Securities Corporation (as Depositor under the
               Pooling and Servicing Agreement, dated as May 1, 2005,
               providing for the issuance of Soundview Home Loan Trust
         Series 2005-2 Asset-Backed Pass-Through Certificates, Series 2005-2)
                 (Exact name of registrant as specified in charter)


                                       DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-121661-17                          06-1442101
          (Commission File Number)        (I.R.S. Employer Identification No.)


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


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


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

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

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

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

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

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


     Item 8.01  Other Events

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


     Item 9.01 Financial Statements and Exhibits

     (c) Exhibits:

     Exhibit No. Description

     99.1 Monthly Remittance Statement to the Certificateholders dated as of
     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 Financial Asset Securities
                                  Corporation, Registrant


          Date:  Aug 26, 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 August 25, 2005.



Soundview Home Loan Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

August 25, 2005 Distribution

				External Parties						Table of Contents

													Page
				Seller									Page
				Seller						1. Certificate Payment Report					2
				Greenwich Capital Financial Products, In						1. Certificate Payment Report					2
				Greenwich Capital Financial Products, In						2. Collection Account Report					6
										2. Collection Account Report					6
										3. Credit Enhancement Report					8
										4. Collateral Report					9
				Certificate Insurer(s)						5. Delinquency Report					13
				Certificate Insurer(s)						5. Delinquency Report					13
										6. REO Report					14

										7. Foreclosure Report					15
										8. Prepayment Report					16
										9. Prepayment Detail Report					19
										9. Prepayment Detail Report					19
										10. Realized Loss Report					22
										11. Realized Loss Detail Report					25
				Servicer(s)						11. Realized Loss Detail Report					25
				Servicer(s)						12. Triggers and Adj. Cert. Report					26
				Saxon Mortgage Services, Inc.						12. Triggers and Adj. Cert. Report					26
				Saxon Mortgage Services, Inc.						13. Additional Certificate Report					27
				Centex Home Equity Co						13. Additional Certificate Report					27
				Centex Home Equity Co


				Underwriter(s)
				Greenwich Capital Markets


										Total Number of Pages					27
										Total Number of Pages

				Dates						Contacts

				Cut-Off Date:			May 01, 2005			Eiko Akiyama
				Close Date:			May 31, 2005			Administrator
				First Distribution Date:			June 27, 2005			(714) 247-6328

										Address:
										1761 East St. Andrew Place, Santa Ana, CA 92514
				Distribution Date:			August 25, 2005
										Factor Information:			(800) 735-7777
				Record Date:			July 29, 2005			Factor Information:			(800) 735-7777
										Main Phone Number:			(714) 247-6000

							August 24, 2005
							August 24, 2005

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






Page 1 of 27
Soundview Home Loan Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

August 25, 2005 Distribution
Certificate Payment Report
Current Period Distribution - REMIC III
					Prior												Current
	Class		Original		Principal						Total		Realized		Deferred		Principal
	Class		Original		Principal						Total		Realized		Deferred		Principal
Class	Type	Cur	Face Value		Balance		Interest		Principal		Distribution		Loss		Interest		Balance


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

A-1	SR	$	187,150,000.00		169,395,072.93		519,290.01		13,893,275.02		14,412,565.03		0.00		0.00		155,501,797.91
A-1	SR	$	187,150,000.00		169,395,072.93		519,290.01		13,893,275.02		14,412,565.03		0.00		0.00		155,501,797.91
A-2	SR	$	66,140,000.00		66,140,000.00		206,173.08		0.00		206,173.08		0.00		0.00		66,140,000.00
A-3	SR	$	108,290,000.00		108,290,000.00		345,956.47		0.00		345,956.47		0.00		0.00		108,290,000.00
A-4	SR	$	24,167,000.00		24,167,000.00		79,287.90		0.00		79,287.90		0.00		0.00		24,167,000.00
M-1	MEZ	$	30,829,000.00		30,829,000.00		103,268.59		0.00		103,268.59		0.00		0.00		30,829,000.00
M-2	MEZ	$	20,725,000.00		20,725,000.00		69,601.46		0.00		69,601.46		0.00		0.00		20,725,000.00
M-3	MEZ	$	10,363,000.00		10,363,000.00		35,159.36		0.00		35,159.36		0.00		0.00		10,363,000.00
M-4	MEZ	$	9,585,000.00		9,585,000.00		33,757.84		0.00		33,757.84		0.00		0.00		9,585,000.00
M-5	MEZ	$	9,067,000.00		9,067,000.00		32,167.70		0.00		32,167.70		0.00		0.00		9,067,000.00
M-6	MEZ	$	8,290,000.00		8,290,000.00		29,839.39		0.00		29,839.39		0.00		0.00		8,290,000.00
M-7	MEZ	$	4,663,000.00		4,663,000.00		18,711.58		0.00		18,711.58		0.00		0.00		4,663,000.00
M-8	MEZ	$	9,326,000.00		9,326,000.00		38,226.24		0.00		38,226.24		0.00		0.00		9,326,000.00
M-9	MEZ	$	5,181,000.00		5,181,000.00		23,333.21		0.00		23,333.21		0.00		0.00		5,181,000.00
B-1	SUB/NOF	$	5,181,000.00		5,181,000.00		29,936.11		0.00		29,936.11		0.00		0.00		5,181,000.00
B-2	SUB/NOF	$	5,181,000.00		5,181,000.00		29,936.11		0.00		29,936.11		0.00		0.00		5,181,000.00
B-3	SUB/NOF	$	2,591,000.00		2,591,000.00		14,413.16		0.00		14,413.16		0.00		0.00		2,591,000.00
B-4	SUB/NOF	$	5,181,000.00		5,181,000.00		28,820.75		0.00		28,820.75		0.00		0.00		5,181,000.00
B-5	SUB/NOF	$	3,627,000.00		3,627,000.00		18,614.57		0.00		18,614.57		0.00		0.00		3,627,000.00
C	NOF	$	2,591,418.27		2,590,642.59		1,281,016.84		0.00		1,281,016.84		0.00		0.00		2,590,642.59
P	RES	$	100.00		100.00		207,976.56		0.00		207,976.56		0.00		0.00		100.00
R	NOF	$	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
R-X	RES	$	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total			518,128,518.27		500,372,815.52		3,145,486.93		13,893,275.02		17,038,761.95		0.00		0.00		486,479,540.50
Total





Page 2 of 27
Soundview Home Loan Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

August 25, 2005 Distribution

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

									(1)		(1)		(2)		(3)		(4)=(2)+(3)	(5)
A-1	07/25/05		08/24/05		A-Act/360		83611MEL8		187,150,000.00		905.129965		2.774726		74.236041		77.010767	830.893924
A-2	07/25/05		08/24/05		A-Act/360		83611MEM6		66,140,000.00		1,000.000000		3.117222		0.000000		3.117222	1,000.000000
A-3	07/25/05		08/24/05		A-Act/360		83611MEN4		108,290,000.00		1,000.000000		3.194722		0.000000		3.194722	1,000.000000
A-4	07/25/05		08/24/05		A-Act/360		83611MEP9		24,167,000.00		1,000.000000		3.280833		0.000000		3.280833	1,000.000000
M-1	07/25/05		08/24/05		A-Act/360		83611MEQ7		30,829,000.00		1,000.000000		3.349722		0.000000		3.349722	1,000.000000
M-2	07/25/05		08/24/05		A-Act/360		83611MER5		20,725,000.00		1,000.000000		3.358333		0.000000		3.358333	1,000.000000
M-3	07/25/05		08/24/05		A-Act/360		83611MES3		10,363,000.00		1,000.000000		3.392778		0.000000		3.392778	1,000.000000
M-4	07/25/05		08/24/05		A-Act/360		83611MET1		9,585,000.00		1,000.000000		3.521945		0.000000		3.521945	1,000.000000
M-5	07/25/05		08/24/05		A-Act/360		83611MEU8		9,067,000.00		1,000.000000		3.547778		0.000000		3.547778	1,000.000000
M-6	07/25/05		08/24/05		A-Act/360		83611MEV6		8,290,000.00		1,000.000000		3.599444		0.000000		3.599444	1,000.000000
M-7	07/25/05		08/24/05		A-Act/360		83611MEW4		4,663,000.00		1,000.000000		4.012777		0.000000		4.012777	1,000.000000
M-8	07/25/05		08/24/05		A-Act/360		83611MEX2		9,326,000.00		1,000.000000		4.098889		0.000000		4.098889	1,000.000000
M-9	07/25/05		08/24/05		A-Act/360		83611MEY0		5,181,000.00		1,000.000000		4.503611		0.000000		4.503611	1,000.000000
B-1	07/25/05		08/24/05		A-Act/360		83611MEZ7		5,181,000.00		1,000.000000		5.778056		0.000000		5.778056	1,000.000000
B-2	07/25/05		08/24/05		A-Act/360		83611MFA1		5,181,000.00		1,000.000000		5.778056		0.000000		5.778056	1,000.000000
B-3	07/25/05		08/24/05		A-Act/360		83611MFB9		2,591,000.00		1,000.000000		5.562779		0.000000		5.562779	1,000.000000
B-4	07/25/05		08/24/05		A-Act/360		83611MFC7		5,181,000.00		1,000.000000		5.562777		0.000000		5.562777	1,000.000000
B-5	07/25/05		08/24/05		A-Act/360		83611MFD5		3,627,000.00		1,000.000000		5.132222		0.000000		5.132222	1,000.000000
C	07/01/05		07/30/05		A-30/360				2,591,418.27		999.700674		494.330404		0.000000		494.330404	999.700674
P	07/01/05		07/30/05		A-30/360				100.00		1,000.000000		2,079,765.600000		0.000000		2,079,765.600000	1,000.000000
R	07/01/05		07/30/05		F-30/360				0.00		0.000000		0.000000		0.000000		0.000000	0.000000
R-X	07/01/05		07/30/05		A-30/360				0.00		0.000000		0.000000		0.000000		0.000000	0.000000




Page 3 of 27
Soundview Home Loan Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

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-1	187,150,000.00		1,444,066.56		30,742,298.89		905,903.20		31,648,202.09		33,092,268.65		0.00		0.00		155,501,797.91
A-2	66,140,000.00		546,646.46		0.00		0.00		0.00		546,646.46		0.00		0.00		66,140,000.00
A-3	108,290,000.00		918,298.15		0.00		0.00		0.00		918,298.15		0.00		0.00		108,290,000.00
A-4	24,167,000.00		210,709.15		0.00		0.00		0.00		210,709.15		0.00		0.00		24,167,000.00
M-1	30,829,000.00		274,686.09		0.00		0.00		0.00		274,686.09		0.00		0.00		30,829,000.00
M-2	20,725,000.00		185,154.65		0.00		0.00		0.00		185,154.65		0.00		0.00		20,725,000.00
M-3	10,363,000.00		93,572.03		0.00		0.00		0.00		93,572.03		0.00		0.00		10,363,000.00
M-4	9,585,000.00		89,981.76		0.00		0.00		0.00		89,981.76		0.00		0.00		9,585,000.00
M-5	9,067,000.00		85,768.69		0.00		0.00		0.00		85,768.69		0.00		0.00		9,067,000.00
M-6	8,290,000.00		79,606.95		0.00		0.00		0.00		79,606.95		0.00		0.00		8,290,000.00
M-7	4,663,000.00		50,124.61		0.00		0.00		0.00		50,124.61		0.00		0.00		4,663,000.00
M-8	9,326,000.00		102,477.11		0.00		0.00		0.00		102,477.11		0.00		0.00		9,326,000.00
M-9	5,181,000.00		62,747.62		0.00		0.00		0.00		62,747.62		0.00		0.00		5,181,000.00
B-1	5,181,000.00		81,065.33		0.00		0.00		0.00		81,065.33		0.00		0.00		5,181,000.00
B-2	5,181,000.00		81,065.33		0.00		0.00		0.00		81,065.33		0.00		0.00		5,181,000.00
B-3	2,591,000.00		38,993.09		0.00		0.00		0.00		38,993.09		0.00		0.00		2,591,000.00
B-4	5,181,000.00		77,971.12		0.00		0.00		0.00		77,971.12		0.00		0.00		5,181,000.00
B-5	3,627,000.00		50,252.05		0.00		0.00		0.00		50,252.05		0.00		0.00		3,627,000.00
C	2,591,418.27		4,034,589.60		749.35		26.33		775.68		4,035,365.28		0.00		0.00		2,590,642.59
P	100.00		420,525.89		0.00		0.00		0.00		420,525.89		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
R-X	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total	518,128,518.27		8,928,302.24		30,743,048.24		905,929.53		31,648,977.77		40,577,280.01		0.00		0.00		486,479,540.50



Page 4 of 27
Soundview Home Loan Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

August 25, 2005 Distribution

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

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

Class	Rate		Balance		Interest		Interest SF		Interest		Adjustment		Interest		Interest		Interest
					(1)		(2)		(3)		(4)		(5)=(1)-(2)+(3)+(4)		(6)		(7)=(5)-(6)
A-1	3.56000%		169,395,072.93		519,290.01		0.00		0.00		0.00		519,290.01		519,290.01		0.00
A-2	3.62000%		66,140,000.00		206,173.08		0.00		0.00		0.00		206,173.08		206,173.08		0.00
A-3	3.71000%		108,290,000.00		345,956.47		0.00		0.00		0.00		345,956.47		345,956.47		0.00
A-4	3.81000%		24,167,000.00		79,287.90		0.00		0.00		0.00		79,287.90		79,287.90		0.00
M-1	3.89000%		30,829,000.00		103,268.59		0.00		0.00		0.00		103,268.59		103,268.59		0.00
M-2	3.90000%		20,725,000.00		69,601.46		0.00		0.00		0.00		69,601.46		69,601.46		0.00
M-3	3.94000%		10,363,000.00		35,159.36		0.00		0.00		0.00		35,159.36		35,159.36		0.00
M-4	4.09000%		9,585,000.00		33,757.84		0.00		0.00		0.00		33,757.84		33,757.84		0.00
M-5	4.12000%		9,067,000.00		32,167.70		0.00		0.00		0.00		32,167.70		32,167.70		0.00
M-6	4.18000%		8,290,000.00		29,839.39		0.00		0.00		0.00		29,839.39		29,839.39		0.00
M-7	4.66000%		4,663,000.00		18,711.58		0.00		0.00		0.00		18,711.58		18,711.58		0.00
M-8	4.76000%		9,326,000.00		38,226.24		0.00		0.00		0.00		38,226.24		38,226.24		0.00
M-9	5.23000%		5,181,000.00		23,333.21		0.00		0.00		0.00		23,333.21		23,333.21		0.00
B-1	6.71000%		5,181,000.00		29,936.11		0.00		0.00		0.00		29,936.11		29,936.11		0.00
B-2	6.71000%		5,181,000.00		29,936.11		0.00		0.00		0.00		29,936.11		29,936.11		0.00
B-3	6.46000%		2,591,000.00		14,413.16		0.00		0.00		0.00		14,413.16		14,413.16		0.00
B-4	6.46000%		5,181,000.00		28,820.75		0.00		0.00		0.00		28,820.75		28,820.75		0.00
B-5	5.96000%		3,627,000.00		18,614.57		0.00		0.00		0.00		18,614.57		18,614.57		0.00
C	0.00000%		2,590,642.59		0.00		185.94		0.00		0.00		-185.94		1,281,016.84		0.00
P	0.00000%		100.00		0.00		0.00		0.00		0.00		0.00		207,976.56		0.00
R	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
R-X	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total			500,372,815.52		1,656,493.53		185.94		0.00		0.00		1,656,307.59		3,145,486.93		0.00



Page 5 of 27
Soundview Home Loan Trust 2005-2

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Mortgage Pass-Through Certificates
2005-2

August 25, 2005 Distribution
Collection Account Report
SUMMARY
SUMMARY
														Total
Principal Collections														13,893,275.02
Principal Withrawals														0.00
Principal Other Accounts														0.00
TOTAL NET PRINCIPAL														13,893,275.02
Interest Collections														2,966,662.14
Interest Withdrawals														-0.00
Interest Other Accounts														207,976.56
Interest Fees														-29,151.77
TOTAL NET INTEREST														3,145,486.93
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION														17,038,761.95



PRINCIPAL - COLLECTIONS
PRINCIPAL - COLLECTIONS
															Total
Scheduled Principal Received															312,404.30
Prepayments In Full															13,562,444.59
Curtailments															18,426.13
Liquidations															0.00
Insurance Principal															0.00
Repurchased Principal Amounts															0.00
Other Principal															0.00
Total Realized Loss Of Principal															-0.00
Delinquent Principal															-282,576.38
Advanced Principal															282,576.38
TOTAL PRINCIPAL COLLECTED															13,893,275.02


PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK



PRINCIPAL - OTHER ACCOUNTS
PRINCIPAL - OTHER ACCOUNTS
														Total
TOTAL OTHER ACCOUNTS PRINCIPAL														0.00





Page 6 of 27
Soundview Home Loan Trust 2005-2

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Mortgage Pass-Through Certificates
2005-2

August 25, 2005 Distribution

INTEREST - COLLECTIONS
INTEREST - COLLECTIONS
														Total
Scheduled Interest														3,148,025.30
Liquidation Interest														0.00
Repurchased Interest														0.00
Insurance Interest														0.00
Other Interest														0.00
Relief Act Interest Shortfalls														-185.94
Prepayment Interest Shortfalls														-25,067.90
Compensating Interest														25,067.90
Delinquent Interest														-2,736,102.81
Interest Advanced														2,554,925.60
TOTAL INTEREST COLLECTED														2,966,662.14


INTEREST - WITHDRAWALS
INTEREST - WITHDRAWALS
														Total
Nonrecoverable Advances														0.00
TOTAL INTEREST WITHDRAWALS														0.00



INTEREST - OTHER ACCOUNTS
INTEREST - OTHER ACCOUNTS
														Total
Prepayment Charges														207,976.56
Cap Contract Payment														0.00
TOTAL INTEREST OTHER ACCOUNTS														207,976.56



INTEREST - FEES
INTEREST - FEES
														Total
Current Servicing Fees														27,311.46
Current Trustee Fees														0.00
Custodian Fees														1,840.31
TOTAL INTEREST OTHER FEES														29,151.77




Page 7 of 27
Soundview Home Loan Trust 2005-2

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Mortgage Pass-Through Certificates
2005-2

August 25, 2005 Distribution
Credit Enhancement Report

ACCOUNTS


Net WAC Rate Carryover Reserve Account

Beginning Net WAC Carryover Reserve Account						0.00
Net WAC Carryover Reserve Account Deposit						0.00
Net WAC Carryover Interest Earnings						0.00
Net WAC Carryover Withdrawls						0.00
Ending Net WAC Carryover Reserve Account						0.00



INSURANCE

SPACE INTENTIONALLY LEFT BLANK



STRUCTURAL FEATURES
STRUCTURAL FEATURES
														Total
Overcollateralization Target Amount														2,590,642.59
Overcollateralization Amount (Beginning)														2,590,642.59
Overcollateralization Deficiency Amount														0.00
Overcollateralization Release Amount														0.00
Overcollateralization Amount (Ending)														2,590,642.59
Overcollateralization Deficiency (Ending)														0.00
Excess Overcollateralization (Ending)														0.00



Page 8 of 27
Soundview Home Loan Trust 2005-2

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Mortgage Pass-Through Certificates
2005-2

August 25, 2005 Distribution
Collateral Report


COLLATERAL



															Total



Loan Count:


Original														3,536
Prior														4,003
Prefunding														0
Scheduled Paid Offs														-0
Full Voluntary Prepayments														-95
Repurchases														-0
Liquidations														-0
Current														3,908
Principal Balance:


Original														435,781,405.00
Prior														500,372,815.52
Prefunding														0.00
Scheduled Principal														-312,404.30
Partial Prepayments														-18,426.13
Full Voluntary Prepayments														-13,562,444.59
Repurchases														-0.00
Liquidations														-0.00
Current														486,479,540.50





PREFUNDING
PREFUNDING
														Total
Prefunding Account Original Balance														82,347,113.27
Prefunding Account Beginning Balance														0.00
Subsequent Loans Added to the Pool														0.00
Prefund Release to Certificate Holders														0.00
Prefunding Account Ending Balance														0.00
Interest Coverage Account Balance														0.00




Page 9 of 27
Soundview Home Loan Trust 2005-2

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Mortgage Pass-Through Certificates
2005-2

August 25, 2005 Distribution


CHARACTERISTICS
CHARACTERISTICS
														Total
Weighted Average Coupon Original														7.58460%
Weighted Average Coupon Prior														7.55202%
Weighted Average Coupon Current														7.54963%
Weighted Average Months to Maturity Original														339
Weighted Average Months to Maturity Prior														339
Weighted Average Months to Maturity Current														338
Weighted Avg Remaining Amortization Term Original														339
Weighted Avg Remaining Amortization Term Prior														339
Weighted Avg Remaining Amortization Term Current														338
Weighted Average Seasoning Original														5.39
Weighted Average Seasoning Prior														6.01
Weighted Average Seasoning Current														6.98






Page 10 of 27
Soundview Home Loan Trust 2005-2

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Mortgage Pass-Through Certificates
2005-2

August 25, 2005 Distribution



ARM CHARACTERISTICS
ARM CHARACTERISTICS
														Total
Weighted Average Margin Original														6.43111%
Weighted Average Margin Prior														6.30423%
Weighted Average Margin Current														6.29783%
Weighted Average Max Rate Original														14.16971%
Weighted Average Max Rate Prior														14.17809%
Weighted Average Max Rate Current														14.17619%
Weighted Average Min Rate Original														7.16423%
Weighted Average Min Rate Prior														7.18019%
Weighted Average Min Rate Current														7.17977%
Weighted Average Cap Up Original														1.21387%
Weighted Average Cap Up Prior														1.18514%
Weighted Average Cap Up Current														1.18769%
Weighted Average Cap Down Original														1.21387%
Weighted Average Cap Down Prior														1.18514%
Weighted Average Cap Down Current														1.18769%





Page 11 of 27
Soundview Home Loan Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

August 25, 2005 Distribution

SERVICING FEES & ADVANCES

															Total




Current Servicing Fees														27,311.46
Delinquent Servicing Fees														181,177.21
TOTAL SERVICING FEES														208,488.67


Compensating Interest														-25,067.90
Delinquent Servicing Fees														-181,177.21
COLLECTED SERVICING FEES														2,243.56


Aggregate Advances with respect to this Distribution														2,837,501.98





ADDITIONAL COLLATERAL INFORMATION
														Total
Net Prepayment Interest Shortfall														0.00




Page 12 of 27
Soundview Home Loan Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

August 25, 2005 Distribution
Delinquency Report

	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				16,645,477.78		3,166,965.40		3,127,053.39		22,939,496.57
			% Balance				3.42%		0.65%		0.64%		4.72%
			# Loans				138		24		22		184
			% # Loans				3.53%		0.61%		0.56%		4.71%
	FORECLOSURE		Balance		0.00		0.00		0.00		52,627.65		52,627.65
			% Balance		0.00%		0.00%		0.00%		0.01%		0.01%
			# Loans		0		0		0		1		1
			% # Loans		0.00%		0.00%		0.00%		0.03%		0.03%
	BANKRUPTCY		Balance		195,081.53		186,198.36		0.00		30,712.19		411,992.08
			% Balance		0.04%		0.04%		0.00%		0.01%		0.08%
			# Loans		3		3		0		1		7
			% # Loans		0.08%		0.08%		0.00%		0.03%		0.18%
	REO		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		195,081.53		16,831,676.14		3,166,965.40		3,210,393.23		23,404,116.30
			% Balance		0.04%		3.46%		0.65%		0.66%		4.81%
			# Loans		3		141		24		24		192
			% # Loans		0.08%		3.61%		0.61%		0.61%		4.91%









Page 13 of 27
Soundview Home Loan Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

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 14 of 27
Soundview Home Loan Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

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
253002998 1
253002998 1			52,843.00		52,627.65		01-Mar-2005		8.800%		MI - 75.49%		360		01-Jan-2005



TOTAL			52,843.00		52,627.65


Page 15 of 27
Soundview Home Loan Trust 2005-2

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Mortgage Pass-Through Certificates
2005-2

August 25, 2005 Distribution
Prepayment Report

VOLUNTARY PREPAYMENTS
VOLUNTARY PREPAYMENTS

															Total




Current


Number of Paid in Full Loans														95
Number of Repurchased Loans														0
Total Number of Loans Prepaid in Full														95
Curtailments Amount														18,426.13
Paid in Full Balance														13,562,444.59
Repurchased Loans Balance														0.00
Total Prepayment Amount														13,580,870.72

Cumulative


Number of Paid in Full Loans														207
Number of Repurchased Loans														0
Total Number of Loans Prepaid in Full														207
Paid in Full Balance														30,629,086.58
Repurchased Loans Balance														0.00
Curtailments Amount														113,946.18
Total Prepayment Amount														30,743,032.76










Page 16 of 27
Soundview Home Loan Trust 2005-2

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Mortgage Pass-Through Certificates
2005-2

August 25, 2005 Distribution

VOLUNTARY PREPAYMENTS RATES
VOLUNTARY PREPAYMENTS RATES

															Total



SMM														2.72%
3 Months Avg SMM														2.12%
12 Months Avg SMM														2.12%
Avg SMM Since Cut-off														2.12%


CPR														28.14%
3 Months Avg CPR														22.63%
12 Months Avg CPR														22.63%
Avg CPR Since Cut-off														22.63%


PSA														2,015.35%
3 Months Avg PSA Approximation														1,846.55%
12 Months Avg PSA Approximation														1,846.55%
Avg PSA Since Cut-off Approximation														1,846.55%










Page 17 of 27
Soundview Home Loan Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

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 18 of 27
Soundview Home Loan Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

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 Number			Original							Current		State &		Type Prepayment

&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

4202670 1			88,000.00		87,802.84			15-Aug-2005		7.500%		IL - 80.00%		Paid Off - 360		01-May-2005
			88,000.00

4240988 1			264,752.00		264,752.00			13-Jul-2005		6.990%		CA - 80.00%		Paid Off - 360		01-May-2005
4240988 1					264,752.00			13-Jul-2005		6.990%		CA - 80.00%		Paid Off - 360		01-May-2005
4260464 1			70,800.00		70,683.12			02-Aug-2005		9.000%		OR - 100.00%		Paid Off - 180		01-May-2005
4260464 1					70,683.12			02-Aug-2005		9.000%		OR - 100.00%		Paid Off - 180		01-May-2005
4278219 1			180,200.00		179,686.87			09-Aug-2005		6.275%		MD - 85.00%		Paid Off - 360		01-May-2005
4278219 1					179,686.87			09-Aug-2005		6.275%		MD - 85.00%		Paid Off - 360		01-May-2005
4287273 1			66,188.00		66,089.57			13-Jul-2005		9.500%		CA - 100.00%		Paid Off - 180		01-May-2005
4287273 1					66,089.57			13-Jul-2005		9.500%		CA - 100.00%		Paid Off - 180		01-May-2005
148903234 1			27,630.00		27,381.90			11-Jul-2005		11.500%		AZ - 100.00%		Paid Off - 240		01-Dec-2004
148903234 1					27,381.90			11-Jul-2005		11.500%		AZ - 100.00%		Paid Off - 240		01-Dec-2004
148903609 1			28,079.00		27,741.73			21-Jul-2005		9.690%		MN - 100.00%		Paid Off - 240		01-Feb-2005
148903609 1					27,741.73			21-Jul-2005		9.690%		MN - 100.00%		Paid Off - 240		01-Feb-2005
148903674 1			372,578.00		372,578.00			15-Jul-2005		6.000%		CA - 80.00%		Paid Off - 360		01-Feb-2005
148903674 1					372,578.00			15-Jul-2005		6.000%		CA - 80.00%		Paid Off - 360		01-Feb-2005
148903710 1			39,947.00		39,667.69			29-Jul-2005		11.750%		MO - 95.00%		Paid Off - 240		01-Feb-2005
148903710 1					39,667.69			29-Jul-2005		11.750%		MO - 95.00%		Paid Off - 240		01-Feb-2005
148903716 1			93,144.00		92,862.99			15-Jul-2005		9.490%		CA - 100.00%		Paid Off - 180		01-Feb-2005
148903716 1					92,862.99			15-Jul-2005		9.490%		CA - 100.00%		Paid Off - 180		01-Feb-2005
243711966 1			120,735.00		120,136.31			29-Jul-2005		10.750%		AZ - 80.49%		Paid Off - 360		01-Jan-2005
243711966 1					120,136.31			29-Jul-2005		10.750%		AZ - 80.49%		Paid Off - 360		01-Jan-2005
245211434 1			78,400.00		78,004.23			25-Jul-2005		8.500%		OH - 70.00%		Paid Off - 360		01-Nov-2004
245211434 1					78,004.23			25-Jul-2005		8.500%		OH - 70.00%		Paid Off - 360		01-Nov-2004
245304983 1			162,563.00		161,744.06			11-Jul-2005		7.750%		MI - 82.10%		Paid Off - 360		01-Dec-2004
245304983 1					161,744.06			11-Jul-2005		7.750%		MI - 82.10%		Paid Off - 360		01-Dec-2004
245408292 1			154,171.67		153,248.94			18-Jul-2005		8.190%		NE - 91.80%		Paid Off - 360		01-Oct-2004
245408292 1					153,248.94			18-Jul-2005		8.190%		NE - 91.80%		Paid Off - 360		01-Oct-2004
245408312 1			116,900.00		116,014.37			02-Jul-2005		6.990%		CO - 70.00%		Paid Off - 360		01-Nov-2004
245408312 1					116,014.37			02-Jul-2005		6.990%		CO - 70.00%		Paid Off - 360		01-Nov-2004
245605295 1			162,000.00		160,514.31			29-Jul-2005		7.950%		NC - 75.00%		Paid Off - 360		01-Jul-2004
245605295 1					160,514.31			29-Jul-2005		7.950%		NC - 75.00%		Paid Off - 360		01-Jul-2004
246008780 1			193,000.00		191,107.11			18-Jul-2005		6.200%		CA - 55.94%		Paid Off - 360		01-Oct-2004
246008780 1					191,107.11			18-Jul-2005		6.200%		CA - 55.94%		Paid Off - 360		01-Oct-2004
246008831 1			124,000.00		122,713.56			11-Jul-2005		5.900%		CA - 50.61%		Paid Off - 360		01-Oct-2004
246008831 1					122,713.56			11-Jul-2005		5.900%		CA - 50.61%		Paid Off - 360		01-Oct-2004
246008865 1			174,000.00		172,683.43			20-Jul-2005		6.990%		CA - 71.02%		Paid Off - 360		01-Nov-2004
246008865 1					172,683.43			20-Jul-2005		6.990%		CA - 71.02%		Paid Off - 360		01-Nov-2004
246009001 1			153,000.00		152,134.19			28-Jul-2005		6.350%		CA - 90.00%		Paid Off - 360		01-Feb-2005
246009001 1					152,134.19			28-Jul-2005		6.350%		CA - 90.00%		Paid Off - 360		01-Feb-2005
246009117 1			60,000.00		59,800.68			29-Jul-2005		10.500%		FL - 100.00%		Paid Off - 180		01-Jan-2005
246009117 1					59,800.68			29-Jul-2005		10.500%		FL - 100.00%		Paid Off - 180		01-Jan-2005
246009229 1			228,000.00		226,758.40			13-Jul-2005		6.550%		CA - 95.00%		Paid Off - 360		01-Feb-2005
246009229 1					226,758.40			13-Jul-2005		6.550%		CA - 95.00%		Paid Off - 360		01-Feb-2005
246009235 1			436,000.00		436,000.00			29-Jul-2005		7.340%		CA - 80.00%		Paid Off - 360		01-Feb-2005
246009235 1					436,000.00			29-Jul-2005		7.340%		CA - 80.00%		Paid Off - 360		01-Feb-2005
246903102 1			182,400.00		180,967.49			05-Jul-2005		6.990%		VA - 80.00%		Paid Off - 360		01-Oct-2004
246903102 1					180,967.49			05-Jul-2005		6.990%		VA - 80.00%		Paid Off - 360		01-Oct-2004
246903422 1			157,250.00		156,456.59			28-Jul-2005		6.950%		MD - 85.00%		Paid Off - 360		01-Jan-2005
246903422 1					156,456.59			28-Jul-2005		6.950%		MD - 85.00%		Paid Off - 360		01-Jan-2005
247305014 1			62,424.00		62,093.82			28-Jul-2005		8.790%		AZ - 70.94%		Paid Off - 360		01-Nov-2004
247305014 1					62,093.82			28-Jul-2005		8.790%		AZ - 70.94%		Paid Off - 360		01-Nov-2004
247305220 1			125,145.00		125,139.29			18-Jul-2005		5.500%		AZ - 92.70%		Paid Off - 360		01-Feb-2005
247305220 1					125,139.29			18-Jul-2005		5.500%		AZ - 92.70%		Paid Off - 360		01-Feb-2005
249319931 1			221,700.00		220,367.13			13-Jul-2005		6.850%		NH - 90.49%		Paid Off - 360		01-Jan-2005
249319931 1					220,367.13			13-Jul-2005		6.850%		NH - 90.49%		Paid Off - 360		01-Jan-2005
250900605 1			108,800.00		108,404.18			25-Jul-2005		9.350%		SC - 85.00%		Paid Off - 360		01-Jan-2005
250900605 1					108,404.18			25-Jul-2005		9.350%		SC - 85.00%		Paid Off - 360		01-Jan-2005
251100476 1			136,688.00		135,816.64			26-Jul-2005		7.250%		CA - 73.49%		Paid Off - 360		01-Nov-2004
251100476 1					135,816.64			26-Jul-2005		7.250%		CA - 73.49%		Paid Off - 360		01-Nov-2004
251500264 1			126,072.00		124,681.17			12-Jul-2005		7.100%		WA - 92.97%		Paid Off - 360		01-Jun-2004
251500264 1					124,681.17			12-Jul-2005		7.100%		WA - 92.97%		Paid Off - 360		01-Jun-2004
251500433 1			70,400.00		69,888.38			13-Jul-2005		7.750%		ID - 80.00%		Paid Off - 360		01-Oct-2004
251500433 1					69,888.38			13-Jul-2005		7.750%		ID - 80.00%		Paid Off - 360		01-Oct-2004
251500493 1			108,000.00		107,295.94			20-Jul-2005		7.750%		MT - 90.00%		Paid Off - 360		01-Nov-2004
251500493 1					107,295.94			20-Jul-2005		7.750%		MT - 90.00%		Paid Off - 360		01-Nov-2004
252503437 1			105,000.00		103,580.15			30-Jun-2005		6.100%		FL - 84.00%		Paid Off - 360		01-Sep-2004
252503437 1					103,580.15			30-Jun-2005		6.100%		FL - 84.00%		Paid Off - 360		01-Sep-2004
254003753 1			180,200.00		179,046.77			19-Jul-2005		9.320%		NJ - 66.49%		Paid Off - 360		01-Aug-2004
254003753 1					179,046.77			19-Jul-2005		9.320%		NJ - 66.49%		Paid Off - 360		01-Aug-2004
254204272 1			273,750.00		272,148.37			25-Jul-2005		6.990%		MA - 75.21%		Paid Off - 360		01-Jan-2005
254204272 1					272,148.37			25-Jul-2005		6.990%		MA - 75.21%		Paid Off - 360		01-Jan-2005
254504569 1			35,900.00		35,432.33			05-Jul-2005		11.150%		CA - 98.52%		Paid Off - 240		01-Oct-2004
254504569 1					35,432.33					11.150%		CA - 98.52%		Paid Off - 240


Page 19 of 27
Soundview Home Loan Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

August 25, 2005 Distribution

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

&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

257204796 1			33,000.00		32,606.77			21-Jul-2005		12.950%		NJ - 100.00%		Paid Off - 240		01-Jul-2004
			33,000.00

257204906 1			55,000.00		54,408.09			13-Jun-2005		12.990%		NJ - 100.00%		Paid Off - 240		01-Aug-2004
257204906 1					54,408.09			13-Jun-2005		12.990%		NJ - 100.00%		Paid Off - 240		01-Aug-2004
257803048 1			32,320.00		32,248.43			01-Aug-2005		10.950%		CA - 55.49%		Paid Off - 360		01-Feb-2005
257803048 1					32,248.43			01-Aug-2005		10.950%		CA - 55.49%		Paid Off - 360		01-Feb-2005
257901511 1			143,050.00		142,233.18			01-Aug-2005		8.750%		CT - 57.22%		Paid Off - 360		01-Nov-2004
257901511 1					142,233.18			01-Aug-2005		8.750%		CT - 57.22%		Paid Off - 360		01-Nov-2004
258213950 1			392,000.00		390,112.66			01-Aug-2005		7.250%		FL - 80.00%		Paid Off - 360		01-Jan-2005
258213950 1					390,112.66			01-Aug-2005		7.250%		FL - 80.00%		Paid Off - 360		01-Jan-2005
258413017 1			66,990.00		66,033.61			29-Jul-2005		10.450%		NJ - 100.00%		Paid Off - 240		01-Aug-2004
258413017 1					66,033.61			29-Jul-2005		10.450%		NJ - 100.00%		Paid Off - 240		01-Aug-2004
258606385 1			239,372.00		236,600.36			19-Jul-2005		6.750%		NJ - 85.49%		Paid Off - 360		01-Jul-2004
258606385 1					236,600.36			19-Jul-2005		6.750%		NJ - 85.49%		Paid Off - 360		01-Jul-2004
258606677 1			56,000.00		55,239.27			08-Jul-2005		11.990%		NJ - 100.00%		Paid Off - 240		01-Aug-2004
258606677 1					55,239.27			08-Jul-2005		11.990%		NJ - 100.00%		Paid Off - 240		01-Aug-2004
258708743 1			303,400.00		300,442.67			22-Jul-2005		4.250%		CA - 74.00%		Paid Off - 360		01-Jan-2005
258708743 1					300,442.67			22-Jul-2005		4.250%		CA - 74.00%		Paid Off - 360		01-Jan-2005
258708890 1			301,000.00		298,972.51			14-Jul-2005		5.650%		CA - 69.68%		Paid Off - 360		01-Feb-2005
258708890 1					298,972.51			14-Jul-2005		5.650%		CA - 69.68%		Paid Off - 360		01-Feb-2005
258913121 1			128,600.00		127,788.37			11-Jul-2005		8.990%		NC - 48.16%		Paid Off - 360		01-Nov-2004
258913121 1					127,788.37			11-Jul-2005		8.990%		NC - 48.16%		Paid Off - 360		01-Nov-2004
259006874 1			166,977.00		165,261.80			14-Jul-2005		8.730%		PA - 58.18%		Paid Off - 360		01-Nov-2004
259006874 1					165,261.80			14-Jul-2005		8.730%		PA - 58.18%		Paid Off - 360		01-Nov-2004
259007198 1			131,750.00		131,059.74			13-Jul-2005		6.750%		AZ - 85.00%		Paid Off - 360		01-Feb-2005
259007198 1					131,059.74			13-Jul-2005		6.750%		AZ - 85.00%		Paid Off - 360		01-Feb-2005
259007274 1			40,600.00		40,479.04			14-Jul-2005		9.550%		AZ - 100.00%		Paid Off - 180		01-Feb-2005
259007274 1					40,479.04			14-Jul-2005		9.550%		AZ - 100.00%		Paid Off - 180		01-Feb-2005
259104248 1			168,300.00		166,313.82			19-Jul-2005		6.650%		MI - 93.50%		Paid Off - 360		01-Jul-2004
259104248 1					166,313.82			19-Jul-2005		6.650%		MI - 93.50%		Paid Off - 360		01-Jul-2004
259105112 1			6,990.00		6,905.64			07-Jul-2005		10.990%		MS - 100.00%		Paid Off - 240		01-Oct-2004
259105112 1					6,905.64			07-Jul-2005		10.990%		MS - 100.00%		Paid Off - 240		01-Oct-2004
259105182 1			8,400.00		8,203.09			06-Jul-2005		10.750%		WA - 100.00%		Paid Off - 180		01-Oct-2004
259105182 1					8,203.09			06-Jul-2005		10.750%		WA - 100.00%		Paid Off - 180		01-Oct-2004
259105637 1			5,000.00		4,949.24			19-Jul-2005		9.500%		SC - 100.00%		Paid Off - 240		01-Jan-2005
259105637 1					4,949.24			19-Jul-2005		9.500%		SC - 100.00%		Paid Off - 240		01-Jan-2005
259916609 1			126,320.00		125,279.65			29-Jul-2005		6.550%		AZ - 80.00%		Paid Off - 360		01-Nov-2004
259916609 1					125,279.65			29-Jul-2005		6.550%		AZ - 80.00%		Paid Off - 360		01-Nov-2004
284205016 1			170,500.00		169,419.00			07-Jul-2005		5.750%		VA - 67.13%		Paid Off - 360		01-Jan-2005
284205016 1					169,419.00			07-Jul-2005		5.750%		VA - 67.13%		Paid Off - 360		01-Jan-2005
284505249 1			149,308.50		148,584.93			13-Jul-2005		7.150%		MD - 90.49%		Paid Off - 360		01-Feb-2005
284505249 1					148,584.93			13-Jul-2005		7.150%		MD - 90.49%		Paid Off - 360		01-Feb-2005
284601450 1			89,500.00		88,787.88			21-Jul-2005		10.650%		MD - 90.49%		Paid Off - 240		01-Feb-2005
284601450 1					88,787.88			21-Jul-2005		10.650%		MD - 90.49%		Paid Off - 240		01-Feb-2005
285002134 1			35,500.00		35,161.73			28-Jul-2005		11.990%		FL - 100.00%		Paid Off - 240		01-Nov-2004
285002134 1					35,161.73			28-Jul-2005		11.990%		FL - 100.00%		Paid Off - 240		01-Nov-2004
285201905 1			185,127.00		184,057.72			06-Jul-2005		7.750%		CA - 80.49%		Paid Off - 360		01-Dec-2004
285201905 1					184,057.72			06-Jul-2005		7.750%		CA - 80.49%		Paid Off - 360		01-Dec-2004
287200275 1			165,000.00		163,627.00			27-Jul-2005		6.500%		CA - 62.26%		Paid Off - 360		01-Nov-2004
287200275 1					163,627.00			27-Jul-2005		6.500%		CA - 62.26%		Paid Off - 360		01-Nov-2004
287200432 1			185,000.00		183,772.53			26-Jul-2005		6.750%		CA - 68.52%		Paid Off - 360		01-Feb-2005
287200432 1					183,772.53			26-Jul-2005		6.750%		CA - 68.52%		Paid Off - 360		01-Feb-2005
287300665 1			372,000.00		372,000.00			07-Jul-2005		6.990%		CA - 80.00%		Paid Off - 360		01-Nov-2004
287300665 1					372,000.00			07-Jul-2005		6.990%		CA - 80.00%		Paid Off - 360		01-Nov-2004
287500163 1			78,707.45		78,132.34			18-Jul-2005		8.250%		FL - 87.55%		Paid Off - 360		01-Aug-2004
287500163 1					78,132.34			18-Jul-2005		8.250%		FL - 87.55%		Paid Off - 360		01-Aug-2004
287500541 1			115,200.00		115,200.00			13-Jul-2005		6.950%		FL - 80.00%		Paid Off - 360		01-Jan-2005
287500541 1					115,200.00			13-Jul-2005		6.950%		FL - 80.00%		Paid Off - 360		01-Jan-2005
287800015 1			227,200.00		225,364.34			27-Jul-2005		6.650%		GA - 80.00%		Paid Off - 360		01-Nov-2004
287800015 1					225,364.34			27-Jul-2005		6.650%		GA - 80.00%		Paid Off - 360		01-Nov-2004
288001260 1			199,744.50		198,730.41			07-Jul-2005		8.990%		CA - 65.49%		Paid Off - 360		01-Nov-2004
288001260 1					198,730.41			07-Jul-2005		8.990%		CA - 65.49%		Paid Off - 360		01-Nov-2004
288300706 1			58,650.00		58,080.73			15-Jul-2005		11.850%		NJ - 100.00%		Paid Off - 240		01-Nov-2004
288300706 1					58,080.73			15-Jul-2005		11.850%		NJ - 100.00%		Paid Off - 240		01-Nov-2004
288500997 1			156,955.50		155,622.29			13-Jul-2005		5.750%		CA - 80.49%		Paid Off - 360		01-Dec-2004
288500997 1					155,622.29			13-Jul-2005		5.750%		CA - 80.49%		Paid Off - 360		01-Dec-2004
288501241 1			298,185.50		296,840.38			25-Jul-2005		8.300%		CA - 75.49%		Paid Off - 360		01-Jan-2005
288501241 1					296,840.38			25-Jul-2005		8.300%		CA - 75.49%		Paid Off - 360		01-Jan-2005
288501625 1			48,000.00		47,907.96			05-Jul-2005		10.750%		CA - 100.00%		Paid Off - 180		01-Feb-2005
288501625 1					47,907.96			05-Jul-2005		10.750%		CA - 100.00%		Paid Off - 180		01-Feb-2005
1000195272 1			103,000.00		102,952.53			01-Jan-1900		10.500%		CA - 100.00%		Paid Off - 180		01-Jan-2005
1000195272 1					102,952.53			01-Jan-1900		10.500%		CA - 100.00%		Paid Off - 180		01-Jan-2005
1000201721 1			334,160.00		334,110.00			09-Aug-2005		5.875%		CA - 80.00%		Paid Off - 360		01-Mar-2005
1000201721 1					334,110.00			09-Aug-2005		5.875%		CA - 80.00%		Paid Off - 360		01-Mar-2005
1000201736 1			83,540.00		83,488.38			09-Aug-2005		9.625%		CA - 100.00%		Paid Off - 180		01-Mar-2005
1000201736 1					83,488.38					9.625%		CA - 100.00%		Paid Off - 180


Page 20 of 27
Soundview Home Loan Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

August 25, 2005 Distribution

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

&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

1000204725 1			133,000.00		132,997.93			18-Jul-2005		7.249%		AZ - 95.00%		Paid Off - 360		01-Mar-2005
			133,000.00

1000204979 1			92,250.00		92,112.76			25-Jul-2005		10.875%		FL - 90.00%		Paid Off - 360		01-Apr-2005
1000204979 1					92,112.76			25-Jul-2005		10.875%		FL - 90.00%		Paid Off - 360		01-Apr-2005
1000205596 1			152,000.00		152,000.00			20-Jul-2005		8.750%		CA - 80.00%		Paid Off - 360		01-Apr-2005
1000205596 1					152,000.00			20-Jul-2005		8.750%		CA - 80.00%		Paid Off - 360		01-Apr-2005
1000205732 1			73,470.00		73,332.89			19-Jul-2005		10.874%		OK - 99.99%		Paid Off - 360		01-Mar-2005
1000205732 1					73,332.89			19-Jul-2005		10.874%		OK - 99.99%		Paid Off - 360		01-Mar-2005
1000205941 1			208,000.00		207,933.92			02-Aug-2005		7.625%		GA - 80.00%		Paid Off - 360		01-Mar-2005
1000205941 1					207,933.92			02-Aug-2005		7.625%		GA - 80.00%		Paid Off - 360		01-Mar-2005
1000205946 1			52,000.00		51,882.12			02-Aug-2005		11.125%		GA - 100.00%		Paid Off - 180		01-Mar-2005
1000205946 1					51,882.12			02-Aug-2005		11.125%		GA - 100.00%		Paid Off - 180		01-Mar-2005
1000206124 1			211,950.00		211,059.43			19-Jul-2005		11.500%		OH - 90.00%		Paid Off - 360		01-Apr-2005
1000206124 1					211,059.43			19-Jul-2005		11.500%		OH - 90.00%		Paid Off - 360		01-Apr-2005
1000206235 1			92,000.00		91,815.39			11-Aug-2005		9.500%		OR - 80.00%		Paid Off - 360		01-Apr-2005
1000206235 1					91,815.39			11-Aug-2005		9.500%		OR - 80.00%		Paid Off - 360		01-Apr-2005
1000206563 1			30,000.00		29,951.58			12-Aug-2005		12.375%		AZ - 100.00%		Paid Off - 180		01-Apr-2005
1000206563 1					29,951.58			12-Aug-2005		12.375%		AZ - 100.00%		Paid Off - 180		01-Apr-2005
1000207099 1			199,920.00		199,920.00			27-Jul-2005		5.500%		AZ - 80.00%		Paid Off - 360		01-Apr-2005
1000207099 1					199,920.00			27-Jul-2005		5.500%		AZ - 80.00%		Paid Off - 360		01-Apr-2005
1000207309 1			49,980.00		49,980.00			28-Jul-2005		9.750%		AZ - 100.00%		Paid Off - 180		01-Apr-2005
1000207309 1					49,980.00			28-Jul-2005		9.750%		AZ - 100.00%		Paid Off - 180		01-Apr-2005
1000207721 1			165,000.00		164,999.87			09-Aug-2005		7.000%		FL - 100.00%		Paid Off - 360		01-Apr-2005
1000207721 1					164,999.87			09-Aug-2005		7.000%		FL - 100.00%		Paid Off - 360		01-Apr-2005
1000414370 1			49,400.00		49,288.85			01-Aug-2005		10.000%		IL - 100.00%		Paid Off - 180		01-Mar-2005
1000414370 1					49,288.85			01-Aug-2005		10.000%		IL - 100.00%		Paid Off - 180		01-Mar-2005
9500657821 1			204,300.00		202,351.45			04-Aug-2005		6.990%		MI - 90.00%		Paid Off - 360		01-Feb-2005
9500657821 1					202,351.45			04-Aug-2005		6.990%		MI - 90.00%		Paid Off - 360		01-Feb-2005
9500662771 1			297,000.00		295,923.36			11-Aug-2005		8.600%		FL - 90.00%		Paid Off - 360		01-Feb-2005
9500662771 1					295,923.36			11-Aug-2005		8.600%		FL - 90.00%		Paid Off - 360		01-Feb-2005
9500664629 1			99,000.00		98,552.24			27-Jul-2005		7.500%		OH - 90.00%		Paid Off - 360		01-Feb-2005
9500664629 1					98,552.24			27-Jul-2005		7.500%		OH - 90.00%		Paid Off - 360		01-Feb-2005
9500665634 1			247,500.00		246,346.83			11-Aug-2005		7.350%		MD - 90.00%		Paid Off - 360		01-Feb-2005
9500665634 1					246,346.83			11-Aug-2005		7.350%		MD - 90.00%		Paid Off - 360		01-Feb-2005
9500669016 1			261,000.00		259,663.98			28-Jul-2005		6.875%		NJ - 90.00%		Paid Off - 360		01-Feb-2005
9500669016 1					259,663.98			28-Jul-2005		6.875%		NJ - 90.00%		Paid Off - 360		01-Feb-2005
9500669040 1			215,955.00		214,849.69			08-Aug-2005		7.300%		OR - 90.00%		Paid Off - 360		01-Feb-2005
9500669040 1					214,849.69			08-Aug-2005		7.300%		OR - 90.00%		Paid Off - 360		01-Feb-2005
9500669628 1			49,300.00		49,079.66			27-Jul-2005		8.000%		PA - 85.00%		Paid Off - 360		01-Feb-2005
9500669628 1					49,079.66			27-Jul-2005		8.000%		PA - 85.00%		Paid Off - 360		01-Feb-2005


TOTAL			13,631,189.12		13,562,444.59
TOTAL


Page 21 of 27
Soundview Home Loan Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

August 25, 2005 Distribution
Realized Loss Report

COLLATERAL REALIZED LOSSES



															Total


Current
Current



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

Cumulative
Cumulative



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










Page 22 of 27
Soundview Home Loan Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

August 25, 2005 Distribution


DEFAULT SPEEDS



															Total



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


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


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


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












Page 23 of 27
Soundview Home Loan Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

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 24 of 27
Soundview Home Loan Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

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

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




TOTAL



Page 25 of 27
Soundview Home Loan Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

August 25, 2005 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS
TRIGGER EVENTS
														Total
						Trigger Event in effect (0=No , 1=Yes)								0
						Stepdown Date has occurred (0 = No, 1=Yes)								0
						Delinquency Percentage								0.660047%
						Ending Balance								486,479,540.50
						Credit Enhancement Percentage (For Trigger)								26.4564%
						Credit Enhancement Percentage (For Step Down)								27.2120%



ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK



ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
														Total
Current LIBOR Rate														3.460000%
Next LIBOR Rate														0.000000%




Page 26 of 27
Soundview Home Loan Trust 2005-2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-2

August 25, 2005 Distribution
Additional Certificate Report

ADDITIONAL CERTIFICATE REPORT

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

			A-1							0.10%			$0.00		$0.00
										0.10%			$0.00		$0.00
			A-2							0.16%			$0.00		$0.00
										0.16%			$0.00		$0.00
			A-3							0.25%			$0.00		$0.00
										0.25%			$0.00		$0.00
			A-4							0.35%			$0.00		$0.00
										0.35%			$0.00		$0.00
			M-1							0.43%			$0.00		$0.00
										0.43%			$0.00		$0.00
			M-2							0.44%			$0.00		$0.00
										0.44%			$0.00		$0.00
			M-3							0.48%			$0.00		$0.00
										0.48%			$0.00		$0.00
			M-4							0.63%			$0.00		$0.00
										0.63%			$0.00		$0.00
			M-5							0.66%			$0.00		$0.00
										0.66%			$0.00		$0.00
			M-6							0.72%			$0.00		$0.00
										0.72%			$0.00		$0.00
			M-7							1.20%			$0.00		$0.00
										1.20%			$0.00		$0.00
			M-8							1.30%			$0.00		$0.00
										1.30%			$0.00		$0.00
			M-9							1.77%			$0.00		$0.00
										1.77%			$0.00		$0.00
			B-1							3.25%			$0.00		$0.00
										3.25%			$0.00		$0.00
			B-2							3.25%			$0.00		$0.00
										3.25%			$0.00		$0.00
			B-3							3.00%			$0.00		$0.00
										3.00%			$0.00		$0.00
			B-4							3.00%			$0.00		$0.00
										3.00%			$0.00		$0.00
			B-5							2.50%			$0.00		$0.00
										2.50%			$0.00		$0.00
			C							0.00%			$0.00		$0.00
										0.00%			$0.00		$0.00
			P							0.00%			$0.00		$0.00
										0.00%			$0.00		$0.00
			R							0.00%			$0.00		$0.00
										0.00%			$0.00		$0.00
			R-X							0.00%			$0.00		$0.00
										0.00%			$0.00		$0.00






Page 27 of 27

Soundview Home Loan Trust 2005-2 8-K