

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

        Ameriquest Mortgage Securities Inc. (as Depositor under the Trust
      Agreement, dated as March 1, 2005, providing for the issuance of
          Asset-Backed Pass-Through Certificates, Series 2005-R2)
                 (Exact name of registrant as specified in charter)

                                       DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-121781-02                          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) 564-0660

            (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
     October 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:  Oct 28, 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 October 25, 2005.



Ameriquest Mortgage Securities, Inc. 2005-R2

Mortgage Pass-Through Certificates

2005-R2

October 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. Credit Enhancement Report					8
										4. Collateral Report					9
				Certificate Insurer(s)						5. Delinquency Report					12

										6. REO Report					16

										7. Foreclosure Report					17
										8. Prepayment Report					19
										9. Prepayment Detail Report					22

										10. Realized Loss Report					28
										11. Realized Loss Detail Report					31
				Servicer(s)
										12. Triggers and Adj. Cert. Report					32
				Ameriquest Mortgage Corp
										13. Additional Certificate Report					33



				Underwriter(s)
				Morgan Stanley
				Wachovia Securites
				RBS Greenwich Capital
				UBS Investment Bank

										Total Number of Pages					33



				Dates						Contacts

				Cut-Off Date:			March 01, 2005			Valerie Delgado
				Close Date:			March 24, 2005			Administrator
				First Distribution Date:			April 25, 2005			(714) 247-6273
										valerie.m.delgado@db.com

										Address:
										1761 East St. Andrew Place, Santa Ana, CA 92705
				Distribution Date:			October 25, 2005
										Factor Information:			(800) 735-7777
				Record Date:			September 30, 2005
										Main Phone Number:			(714) 247-6000

							October 24, 2005


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






Page 1 of 33
Ameriquest Mortgage Securities, Inc. 2005-R2

Mortgage Pass-Through Certificates

2005-R2

October 25, 2005 Distribution
Certificate Payment Report
Current Period Distribution - REMIC II
					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	SR	$	258,089,000.00		203,939,205.32		680,958.67		11,686,702.03		12,367,660.70		0.00		0.00		192,252,503.29

A-1B	SR	$	64,523,000.00		50,985,393.97		169,214.86		2,921,709.47		3,090,924.33		0.00		0.00		48,063,684.50
A-2A	SR	$	258,048,000.00		215,041,422.15		706,769.47		12,555,452.69		13,262,222.16		0.00		0.00		202,485,969.46
A-2B	SR	$	64,511,000.00		53,759,522.20		178,854.94		3,138,814.52		3,317,669.46		0.00		0.00		50,620,707.68
A-3A	SR	$	124,645,000.00		64,507,156.14		204,218.91		13,144,483.63		13,348,702.54		0.00		0.00		51,362,672.51
A-3B	SR	$	139,369,000.00		139,369,000.00		452,445.97		0.00		452,445.97		0.00		0.00		139,369,000.00
A-3C	SR	$	26,352,000.00		26,352,000.00		88,520.76		0.00		88,520.76		0.00		0.00		26,352,000.00
A-3D	SR	$	32,263,000.00		25,580,994.34		85,106.55		1,460,503.21		1,545,609.76		0.00		0.00		24,120,491.13
M-1	MEZ	$	31,200,000.00		31,200,000.00		107,570.67		0.00		107,570.67		0.00		0.00		31,200,000.00
M-2	MEZ	$	49,800,000.00		49,800,000.00		172,902.83		0.00		172,902.83		0.00		0.00		49,800,000.00
M-3	MEZ	$	16,800,000.00		16,800,000.00		58,870.00		0.00		58,870.00		0.00		0.00		16,800,000.00
M-4	MEZ	$	28,800,000.00		28,800,000.00		105,096.00		0.00		105,096.00		0.00		0.00		28,800,000.00
M-5	MEZ	$	16,800,000.00		16,800,000.00		61,712.00		0.00		61,712.00		0.00		0.00		16,800,000.00
M-6	MEZ	$	12,000,000.00		12,000,000.00		44,563.33		0.00		44,563.33		0.00		0.00		12,000,000.00
M-7	MEZ	$	19,200,000.00		19,200,000.00		78,880.00		0.00		78,880.00		0.00		0.00		19,200,000.00
M-8	MEZ	$	9,000,000.00		9,000,000.00		37,555.00		0.00		37,555.00		0.00		0.00		9,000,000.00
M-9	MEZ	$	13,200,000.00		13,200,000.00		61,992.33		0.00		61,992.33		0.00		0.00		13,200,000.00
M-10	MEZ	$	7,800,000.00		7,800,000.00		39,773.50		0.00		39,773.50		0.00		0.00		7,800,000.00
M-11	MEZ	$	12,000,000.00		12,000,000.00		61,190.00		0.00		61,190.00		0.00		0.00		12,000,000.00
CE	SUB	$	15,600,337.10		15,600,005.68		2,481,054.25		0.00		2,481,054.25		0.00		0.00		15,600,005.68
P	SUB	$	100.00		100.00		702,163.52		0.00		702,163.52		0.00		0.00		100.00
R	RES	$	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total			1,200,000,437.10		1,011,734,799.80		6,579,413.56		44,907,665.55		51,487,079.11		0.00		0.00		966,827,134.25






Page 2 of 33
Ameriquest Mortgage Securities, Inc. 2005-R2

Mortgage Pass-Through Certificates

2005-R2

October 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	09/26/05		10/24/05		A-Act/360		03072SYJ8		258,089,000.00		790.189451		2.638465		45.281674		47.920139	744.907777
A-1B	09/26/05		10/24/05		A-Act/360		03072SYK5		64,523,000.00		790.189451		2.622551		45.281674		47.904225	744.907777
A-2A	09/26/05		10/24/05		A-Act/360		03072SYL3		258,048,000.00		833.338845		2.738907		48.655493		51.394400	784.683351
A-2B	09/26/05		10/24/05		A-Act/360		03072SYM1		64,511,000.00		833.338845		2.772472		48.655493		51.427965	784.683351
A-3A	09/26/05		10/24/05		A-Act/360		03072SYN9		124,645,000.00		517.527026		1.638404		105.455362		107.093767	412.071664
A-3B	09/26/05		10/24/05		A-Act/360		03072SYP4		139,369,000.00		1,000.000000		3.246389		0.000000		3.246389	1,000.000000
A-3C	09/26/05		10/24/05		A-Act/360		03072SYQ2		26,352,000.00		1,000.000000		3.359167		0.000000		3.359167	1,000.000000
A-3D	09/26/05		10/24/05		A-Act/360		03072SZC2		32,263,000.00		792.889512		2.637899		45.268673		47.906573	747.620839
M-1	09/26/05		10/24/05		A-Act/360		03072SYR0		31,200,000.00		1,000.000000		3.447778		0.000000		3.447778	1,000.000000
M-2	09/26/05		10/24/05		A-Act/360		03072SYS8		49,800,000.00		1,000.000000		3.471944		0.000000		3.471944	1,000.000000
M-3	09/26/05		10/24/05		A-Act/360		03072SYT6		16,800,000.00		1,000.000000		3.504167		0.000000		3.504167	1,000.000000
M-4	09/26/05		10/24/05		A-Act/360		03072SYU3		28,800,000.00		1,000.000000		3.649167		0.000000		3.649167	1,000.000000
M-5	09/26/05		10/24/05		A-Act/360		03072SYV1		16,800,000.00		1,000.000000		3.673333		0.000000		3.673333	1,000.000000
M-6	09/26/05		10/24/05		A-Act/360		03072SYW9		12,000,000.00		1,000.000000		3.713611		0.000000		3.713611	1,000.000000
M-7	09/26/05		10/24/05		A-Act/360		03072SYX7		19,200,000.00		1,000.000000		4.108333		0.000000		4.108333	1,000.000000
M-8	09/26/05		10/24/05		A-Act/360		03072SYY5		9,000,000.00		1,000.000000		4.172778		0.000000		4.172778	1,000.000000
M-9	09/26/05		10/24/05		A-Act/360		03072SYZ2		13,200,000.00		1,000.000000		4.696389		0.000000		4.696389	1,000.000000
M-10	09/26/05		10/24/05		A-Act/360		03072SZD0		7,800,000.00		1,000.000000		5.099167		0.000000		5.099167	1,000.000000
M-11	09/26/05		10/24/05		A-Act/360		03072SZE8		12,000,000.00		1,000.000000		5.099167		0.000000		5.099167	1,000.000000
CE	09/01/05		09/30/05		F-30/360				1,215,600,774.20		12.833165		2.041011		0.000000		2.041011	12.833165
P	09/01/05		09/30/05		F-30/360				100.00		1,000.000000		7,021,635.200000		0.000000		7,021,635.200000	1,000.000000
R	09/01/05		09/30/05		F-30/360				0.00		0.000000		0.000000		0.000000		0.000000	0.000000




Page 3 of 33
Ameriquest Mortgage Securities, Inc. 2005-R2

Mortgage Pass-Through Certificates

2005-R2

October 25, 2005 Distribution

Distribution to Date - REMIC II
																	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	258,089,000.00		5,121,175.07		64,101,043.90		1,735,452.81		65,836,496.71		70,957,671.78		0.00		0.00		192,252,503.29
A-1B	64,523,000.00		1,271,416.58		16,025,447.25		433,868.25		16,459,315.50		17,730,732.08		0.00		0.00		48,063,684.50
A-2A	258,048,000.00		5,116,726.60		53,763,886.17		1,798,144.37		55,562,030.54		60,678,757.14		0.00		0.00		202,485,969.46
A-2B	64,511,000.00		1,297,231.33		13,440,763.19		449,529.13		13,890,292.32		15,187,523.65		0.00		0.00		50,620,707.68
A-3A	124,645,000.00		1,954,312.52		71,402,609.71		1,879,717.78		73,282,327.49		75,236,640.01		0.00		0.00		51,362,672.51
A-3B	139,369,000.00		2,920,642.46		0.00		0.00		0.00		2,920,642.46		0.00		0.00		139,369,000.00
A-3C	26,352,000.00		574,270.57		0.00		0.00		0.00		574,270.57		0.00		0.00		26,352,000.00
A-3D	32,263,000.00		627,026.92		7,933,650.62		208,858.25		8,142,508.87		8,769,535.79		0.00		0.00		24,120,491.13
M-1	31,200,000.00		700,416.29		0.00		0.00		0.00		700,416.29		0.00		0.00		31,200,000.00
M-2	49,800,000.00		1,126,894.65		0.00		0.00		0.00		1,126,894.65		0.00		0.00		49,800,000.00
M-3	16,800,000.00		384,170.56		0.00		0.00		0.00		384,170.56		0.00		0.00		16,800,000.00
M-4	28,800,000.00		689,538.11		0.00		0.00		0.00		689,538.11		0.00		0.00		28,800,000.00
M-5	16,800,000.00		405,240.56		0.00		0.00		0.00		405,240.56		0.00		0.00		16,800,000.00
M-6	12,000,000.00		293,040.87		0.00		0.00		0.00		293,040.87		0.00		0.00		12,000,000.00
M-7	19,200,000.00		525,052.08		0.00		0.00		0.00		525,052.08		0.00		0.00		19,200,000.00
M-8	9,000,000.00		250,418.16		0.00		0.00		0.00		250,418.16		0.00		0.00		9,000,000.00
M-9	13,200,000.00		418,521.64		0.00		0.00		0.00		418,521.64		0.00		0.00		13,200,000.00
M-10	7,800,000.00		270,599.90		0.00		0.00		0.00		270,599.90		0.00		0.00		7,800,000.00
M-11	12,000,000.00		416,307.56		0.00		0.00		0.00		416,307.56		0.00		0.00		12,000,000.00
CE	15,600,337.10		21,726,400.23		0.00		0.00		331.44		21,726,731.67		0.00		0.00		15,600,005.68
P	100.00		3,200,534.72		0.00		0.00		0.00		3,200,534.72		0.00		0.00		100.00
R	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total	1,200,000,437.10		49,289,937.38		226,667,400.84		6,505,570.59		233,173,302.87		282,463,240.25		0.00		0.00		966,827,134.25



Page 4 of 33
Ameriquest Mortgage Securities, Inc. 2005-R2

Mortgage Pass-Through Certificates

2005-R2

October 25, 2005 Distribution

Interest Detail - REMIC II
	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	4.14500%		203,939,205.32		680,958.67		0.00		0.00		0.00		680,958.67		680,958.67		0.00
A-1B	4.12000%		50,985,393.97		169,214.86		0.00		0.00		0.00		169,214.86		169,214.86		0.00
A-2A	4.08000%		215,041,422.15		706,769.47		0.00		0.00		0.00		706,769.47		706,769.47		0.00
A-2B	4.13000%		53,759,522.20		178,854.94		0.00		0.00		0.00		178,854.94		178,854.94		0.00
A-3A	3.93000%		64,507,156.14		204,218.91		0.00		0.00		0.00		204,218.91		204,218.91		0.00
A-3B	4.03000%		139,369,000.00		452,445.97		0.00		0.00		0.00		452,445.97		452,445.97		0.00
A-3C	4.17000%		26,352,000.00		88,520.76		0.00		0.00		0.00		88,520.76		88,520.76		0.00
A-3D	4.13000%		25,580,994.34		85,106.55		0.00		0.00		0.00		85,106.55		85,106.55		0.00
M-1	4.28000%		31,200,000.00		107,570.67		0.00		0.00		0.00		107,570.67		107,570.67		0.00
M-2	4.31000%		49,800,000.00		172,902.83		0.00		0.00		0.00		172,902.83		172,902.83		0.00
M-3	4.35000%		16,800,000.00		58,870.00		0.00		0.00		0.00		58,870.00		58,870.00		0.00
M-4	4.53000%		28,800,000.00		105,096.00		0.00		0.00		0.00		105,096.00		105,096.00		0.00
M-5	4.56000%		16,800,000.00		61,712.00		0.00		0.00		0.00		61,712.00		61,712.00		0.00
M-6	4.61000%		12,000,000.00		44,563.33		0.00		0.00		0.00		44,563.33		44,563.33		0.00
M-7	5.10000%		19,200,000.00		78,880.00		0.00		0.00		0.00		78,880.00		78,880.00		0.00
M-8	5.18000%		9,000,000.00		37,555.00		0.00		0.00		0.00		37,555.00		37,555.00		0.00
M-9	5.83000%		13,200,000.00		61,992.33		0.00		0.00		0.00		61,992.33		61,992.33		0.00
M-10	6.33000%		7,800,000.00		39,773.50		0.00		0.00		0.00		39,773.50		39,773.50		0.00
M-11	6.33000%		12,000,000.00		61,190.00		0.00		0.00		0.00		61,190.00		61,190.00		0.00
CE	190.85026%		15,600,005.68		0.00		0.00		0.00		0.00		0.00		2,481,054.25		0.00
P	0.00000%		100.00		0.00		0.00		0.00		0.00		0.00		702,163.52		0.00
R	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total			1,011,734,799.80		3,396,195.79		0.00		0.00		0.00		3,396,195.79		6,579,413.56		0.00



Page 5 of 33
Ameriquest Mortgage Securities, Inc. 2005-R2

Mortgage Pass-Through Certificates

2005-R2

October 25, 2005 Distribution
Collection Account Report
SUMMARY

								Group 3		Group 2		Group 1		Total
Principal Collections								14,598,974.83		15,687,806.80		14,602,398.08		44,889,179.71
Principal Withdrawals								0.00		0.00		0.00		0.00
Principal Other Accounts								0.00		0.00		0.00		0.00
TOTAL NET PRINCIPAL								14,598,974.83		15,687,806.80		14,602,398.08		44,889,179.71
Interest Collections								1,954,284.37		2,051,555.15		1,971,720.26		5,977,559.78
Interest Withdrawals								-0.00		-0.00		-10.00		-10.00
Interest Fees								-24,565.22		-28,842.28		-28,406.39		-81,813.90
Interest Other Accounts														702,163.52
TOTAL NET INTEREST								1,929,719.15		2,022,712.87		1,943,303.88		6,597,899.40
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION														51,487,079.11



PRINCIPAL - COLLECTIONS

									Group 3		Group 2		Group 1		Total
Scheduled Principal Received									274,585.20		298,639.03		281,828.30		855,052.53
Curtailments									12,957.44		31,307.93		22,230.72		66,496.09
Prepayments In Full									14,311,432.19		15,219,430.67		14,298,339.06		43,829,201.92
Repurchased/Substitutions									0.00		0.00		0.00		0.00
Liquidations									0.00		156,915.01		0.00		156,915.01
Insurance Principal									0.00		0.00		0.00		0.00
Other Additional Principal									0.00		0.00		0.00		0.00
Delinquent Principal									-230,680.94		-245,087.20		-224,109.87		-699,878.01
Realized Losses									-0.00		-18,485.84		-0.00		-18,485.84
Advanced Principal									230,680.94		245,087.20		224,109.87		699,878.01
TOTAL PRINCIPAL COLLECTED									14,598,974.83		15,687,806.80		14,602,398.08		44,889,179.71


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 33
Ameriquest Mortgage Securities, Inc. 2005-R2

Mortgage Pass-Through Certificates

2005-R2

October 25, 2005 Distribution

INTEREST - COLLECTIONS

								Group 3		Group 2		Group 1		Total
Scheduled Interest								2,069,169.09		2,166,575.83		2,082,398.65		6,318,143.57
Repurchased/Substitution Interest								0.00		0.00		0.00		0.00
Liquidation Interest								0.00		1,209.55		0.00		1,209.55
Insurance Interest								0.00		0.00		0.00		0.00
Other Additional Interest								0.00		0.00		0.00		0.00
Prepayment Interest Shortfalls								-13,622.28		-17,624.45		-17,714.73		-48,961.46
Delinquent Interest								-1,719,646.98		-1,759,615.61		-1,683,370.03		-5,162,632.62
Compensating Interest								13,622.28		17,624.45		17,714.73		48,961.46
Civil Relief Act Shortfalls								-82.44		-278.26		-88.45		-449.15
Interest Advanced								1,604,844.71		1,643,663.63		1,572,780.09		4,821,288.43
TOTAL INTEREST COLLECTED								1,954,284.37		2,051,555.15		1,971,720.26		5,977,559.78


INTEREST - WITHDRAWALS

								Group 3		Group 2		Group 1		Total
Non-Recoverable Advances								0.00		0.00		0.00		0.00
Reimbursements to Master Servicer								0.00		0.00		0.00		0.00
TOTAL INTEREST WITHDRAWALS								0.00		0.00		10.00		10.00



INTEREST - OTHER ACCOUNTS

								Group 3		Group 2		Group 1		Total
Prepayment Charges														702,163.52
Net WAC Investment Income														0.00
TOTAL INTEREST OTHER ACCOUNTS														702,163.52



INTEREST - FEES

								Group 3		Group 2		Group 1		Total
Current Servicing Fees								24,037.63		28,294.15		27,880.20		80,211.98
Trustee Fees								527.59		548.14		526.19		1,601.92
TOTAL INTEREST FEES								24,565.22		28,842.28		28,406.39		81,813.90




Page 7 of 33
Ameriquest Mortgage Securities, Inc. 2005-R2

Mortgage Pass-Through Certificates

2005-R2

October 25, 2005 Distribution
Credit Enhancement Report
ACCOUNTS

								Group 3		Group 2		Group 1		Total
Net WAC Reserve Account Balance														0.00



INSURANCE

SPACE INTENTIONALLY LEFT BLANK



STRUCTURAL FEATURES

								Group 3		Group 2		Group 1		Total
Overcollateralized Amount														15,600,005.68
Overcollateralization Reduction Amount														0.00
Overcollateralization Deficiency Amount														18,485.84
Overcollateralization Target Amount														15,600,005.68

Credit Enhancement Percentage														24.02%
Class A Certificate Defiency Amount														0.00




Page 8 of 33
Ameriquest Mortgage Securities, Inc. 2005-R2

Mortgage Pass-Through Certificates

2005-R2

October 25, 2005 Distribution
Collateral Report


COLLATERAL



									Group 3		Group 2		Group 1		Total



Loan Count:


Original								1,709		2,644		2,461		6,814
Prior								1,473		2,359		2,126		5,958
Prefunding								0		0		0		0
Scheduled Paid Offs								-0		-0		-0		-0
Full Voluntary Prepayments								-59		-82		-83		-224
Repurchases								-0		-0		-0		-0
Liquidations								-0		-1		-0		-1
Current								1,414		2,276		2,043		5,733
Principal Balance:


Original								400,035,619.04		399,949,167.75		400,015,650.31		1,200,000,437.10
Prior								333,215,774.60		346,190,693.04		332,328,332.16		1,011,734,799.80
Prefunding								0.00		0.00		0.00		0.00
Scheduled Principal								-274,585.20		-298,639.03		-281,828.30		-855,052.53
Partial Prepayments								-12,957.44		-31,307.93		-22,230.72		-66,496.09
Full Voluntary Prepayments								-14,311,432.19		-15,219,430.67		-14,298,339.06		-43,829,201.92
Repurchases								-0.00		-0.00		-0.00		-0.00
Liquidations								-0.00		-156,915.01		-0.00		-156,915.01
Current								318,616,799.77		330,484,400.40		317,725,934.08		966,827,134.25





PREFUNDING

SPACE INTENTIONALLY LEFT BLANK






Page 9 of 33
Ameriquest Mortgage Securities, Inc. 2005-R2

Mortgage Pass-Through Certificates

2005-R2

October 25, 2005 Distribution

CHARACTERISTICS

								Group 3		Group 2		Group 1		Total
Weighted Average Coupon Original								7.52115%		7.55269%		7.58162%		7.55182%
Weighted Average Coupon Prior								7.46456%		7.52797%		7.53970%		7.51129%
Weighted Average Coupon Current								7.45164%		7.51419%		7.51931%		7.49527%
Weighted Average Months to Maturity Original								354		351		352		352
Weighted Average Months to Maturity Prior								348		345		346		346
Weighted Average Months to Maturity Current								347		343		345		345
Weighted Avg Remaining Amortization Term Original								354		351		352		352
Weighted Avg Remaining Amortization Term Prior								348		345		346		346
Weighted Avg Remaining Amortization Term Current								347		343		345		345
Weighted Average Seasoning Original								2.11		2.16		2.14		2.14
Weighted Average Seasoning Prior								7.12		7.16		7.14		7.14
Weighted Average Seasoning Current								8.12		8.16		8.14		8.14









Page 10 of 33
Ameriquest Mortgage Securities, Inc. 2005-R2

Mortgage Pass-Through Certificates

2005-R2

October 25, 2005 Distribution

ARM CHARACTERISTICS

								Group 3		Group 2		Group 1		Total
Weighted Average Margin Original								5.80199%		5.82431%		5.89064%		5.83889%
Weighted Average Margin Prior								5.81257%		5.81743%		5.87433%		5.83483%
Weighted Average Margin Current								5.80808%		5.80939%		5.86612%		5.82755%
Weighted Average Max Rate Original								13.75783%		13.76170%		13.80585%		13.77508%
Weighted Average Max Rate Prior								13.72508%		13.74846%		13.77869%		13.75097%
Weighted Average Max Rate Current								13.72035%		13.74057%		13.76989%		13.74354%
Weighted Average Min Rate Original								7.75783%		7.76170%		7.80585%		7.77508%
Weighted Average Min Rate Prior								7.72508%		7.74846%		7.77869%		7.75097%
Weighted Average Min Rate Current								7.72035%		7.74057%		7.76989%		7.74354%
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								24,037.63		28,294.15		27,880.20		80,211.98
Delinquent Servicing Fees								114,802.27		115,951.97		110,589.94		341,344.18
TOTAL SERVICING FEES								138,839.91		144,246.13		138,470.14		421,556.18


Total Servicing Fees								138,839.91		144,246.13		138,470.14		421,556.18
Compensating Interest								-13,622.28		-17,624.45		-17,714.73		-48,961.46
Delinquent Servicing Fees								-114,802.27		-115,951.97		-110,589.94		-341,344.18
COLLECTED SERVICING FEES								24,037.63		28,294.15		27,880.20		31,250.52


Total Advanced Interest								1,604,844.71		1,643,663.63		1,572,780.09		4,821,288.43
Total Advanced Principal								230,680.94		245,087.20		224,109.87		699,878.01
Aggregate Advances with respect to this Distribution								1,835,525.65		1,888,750.84		1,796,889.96		5,521,166.45





ADDITIONAL COLLATERAL INFORMATION
								Group 3		Group 2		Group 1		Total
Prepayment Interest Shortfall (PPIS)								13,622.28		17,624.45		17,714.73		48,961.46
Compensating Interest								-13,622.28		-17,624.45		-17,714.73		-48,961.46
Net Prepayment Interest Shortfall (PPIS)								0.00		0.00		0.00		0.00


Ending Pool Stated Principal Balance								318,616,799.77		330,484,400.40		317,725,934.08		966,827,134.25
Weighted Average Net Mortgage Rate								6.949737%		7.012289%		7.017370%		6.993356%




Page 11 of 33
Ameriquest Mortgage Securities, Inc. 2005-R2

Mortgage Pass-Through Certificates

2005-R2

October 25, 2005 Distribution
Delinquency Report

	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				14,339,492.14		6,113,635.03		3,749,274.17		24,202,401.34
			% Balance				1.48%		0.63%		0.39%		2.50%
			# Loans				101		47		24		172
			% # Loans				1.76%		0.82%		0.42%		3.00%
	FORECLOSURE		Balance		0.00		0.00		429,777.28		11,030,583.67		11,460,360.95
			% Balance		0.00%		0.00%		0.04%		1.14%		1.19%
			# Loans		0		0		2		72		74
			% # Loans		0.00%		0.00%		0.03%		1.26%		1.29%
	BANKRUPTCY		Balance		2,648,755.95		275,318.93		350,611.42		984,850.92		4,259,537.22
			% Balance		0.27%		0.03%		0.04%		0.10%		0.44%
			# Loans		19		1		3		7		30
			% # Loans		0.33%		0.02%		0.05%		0.12%		0.52%
	REO		Balance		0.00		0.00		0.00		972,619.00		972,619.00
			% Balance		0.00%		0.00%		0.00%		0.10%		0.10%
			# Loans		0		0		0		7		7
			% # Loans		0.00%		0.00%		0.00%		0.12%		0.12%
	TOTAL		Balance		2,648,755.95		14,614,811.07		6,894,023.73		16,737,327.76		40,894,918.51
			% Balance		0.27%		1.51%		0.71%		1.73%		4.23%
			# Loans		19		102		52		110		283
			% # Loans		0.33%		1.78%		0.91%		1.92%		4.94%









Page 12 of 33
Ameriquest Mortgage Securities, Inc. 2005-R2

Mortgage Pass-Through Certificates

2005-R2

October 25, 2005 Distribution


	GROUP 1
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				5,965,858.45		2,358,350.67		1,408,434.32		9,732,643.44
			% Balance				1.88%		0.74%		0.44%		3.06%
			# Loans				41		20		9		70
			% # Loans				2.01%		0.98%		0.44%		3.43%
	FORECLOSURE		Balance		0.00		0.00		0.00		5,030,580.00		5,030,580.00
			% Balance		0.00%		0.00%		0.00%		1.58%		1.58%
			# Loans		0		0		0		35		35
			% # Loans		0.00%		0.00%		0.00%		1.71%		1.71%
	BANKRUPTCY		Balance		1,404,020.49		0.00		286,375.94		272,946.29		1,963,342.72
			% Balance		0.44%		0.00%		0.09%		0.09%		0.62%
			# Loans		10		0		2		3		15
			% # Loans		0.49%		0.00%		0.10%		0.15%		0.73%
	REO		Balance		0.00		0.00		0.00		500,403.83		500,403.83
			% Balance		0.00%		0.00%		0.00%		0.16%		0.16%
			# Loans		0		0		0		3		3
			% # Loans		0.00%		0.00%		0.00%		0.15%		0.15%
	TOTAL		Balance		1,404,020.49		5,965,858.45		2,644,726.61		7,212,364.44		17,226,969.99
			% Balance		0.44%		1.88%		0.83%		2.27%		5.42%
			# Loans		10		41		22		50		123
			% # Loans		0.49%		2.01%		1.08%		2.45%		6.02%










Page 13 of 33
Ameriquest Mortgage Securities, Inc. 2005-R2

Mortgage Pass-Through Certificates

2005-R2

October 25, 2005 Distribution

	GROUP 2
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				3,884,873.77		2,661,923.80		1,416,748.34		7,963,545.91
			% Balance				1.18%		0.81%		0.43%		2.41%
			# Loans				35		20		10		65
			% # Loans				1.54%		0.88%		0.44%		2.86%
	FORECLOSURE		Balance		0.00		0.00		429,777.28		3,615,684.52		4,045,461.80
			% Balance		0.00%		0.00%		0.13%		1.09%		1.22%
			# Loans		0		0		2		25		27
			% # Loans		0.00%		0.00%		0.09%		1.10%		1.19%
	BANKRUPTCY		Balance		737,378.35		275,318.93		64,235.48		150,555.82		1,227,488.58
			% Balance		0.22%		0.08%		0.02%		0.05%		0.37%
			# Loans		6		1		1		1		9
			% # Loans		0.26%		0.04%		0.04%		0.04%		0.40%
	REO		Balance		0.00		0.00		0.00		472,215.17		472,215.17
			% Balance		0.00%		0.00%		0.00%		0.14%		0.14%
			# Loans		0		0		0		4		4
			% # Loans		0.00%		0.00%		0.00%		0.18%		0.18%
	TOTAL		Balance		737,378.35		4,160,192.70		3,155,936.56		5,655,203.85		13,708,711.46
			% Balance		0.22%		1.26%		0.95%		1.71%		4.15%
			# Loans		6		36		23		40		105
			% # Loans		0.26%		1.58%		1.01%		1.76%		4.61%










Page 14 of 33
Ameriquest Mortgage Securities, Inc. 2005-R2

Mortgage Pass-Through Certificates

2005-R2

October 25, 2005 Distribution

	GROUP 3
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				4,488,759.92		1,093,360.56		924,091.51		6,506,211.99
			% Balance				1.41%		0.34%		0.29%		2.04%
			# Loans				25		7		5		37
			% # Loans				1.77%		0.50%		0.35%		2.62%
	FORECLOSURE		Balance		0.00		0.00		0.00		2,384,319.15		2,384,319.15
			% Balance		0.00%		0.00%		0.00%		0.75%		0.75%
			# Loans		0		0		0		12		12
			% # Loans		0.00%		0.00%		0.00%		0.85%		0.85%
	BANKRUPTCY		Balance		507,357.11		0.00		0.00		561,348.81		1,068,705.92
			% Balance		0.16%		0.00%		0.00%		0.18%		0.34%
			# Loans		3		0		0		3		6
			% # Loans		0.21%		0.00%		0.00%		0.21%		0.42%
	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		507,357.11		4,488,759.92		1,093,360.56		3,869,759.47		9,959,237.06
			% Balance		0.16%		1.41%		0.34%		1.21%		3.13%
			# Loans		3		25		7		20		55
			% # Loans		0.21%		1.77%		0.50%		1.41%		3.89%









Page 15 of 33
Ameriquest Mortgage Securities, Inc. 2005-R2

Mortgage Pass-Through Certificates

2005-R2

October 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
105603542 1
			92,500.00		92,075.65		01-Apr-2005		8.900%		MI - 84.09%		360		01-Mar-2005

105770705 1			284,150.00		282,525.03		01-Apr-2005		7.800%		TX - 77.01%		360		01-Mar-2005
107646788 1			126,400.00		125,803.15		01-Apr-2005		8.750%		MI - 80.00%		360		01-Mar-2005
102291820 2			91,500.00		91,071.84		01-Mar-2005		8.800%		MI - 52.89%		360		01-Mar-2005
103756268 2			135,625.00		134,901.83		01-Feb-2005		8.150%		MI - 87.50%		360		01-Mar-2005
105439343 2			91,000.00		90,711.02		01-Feb-2005		10.650%		WY - 82.73%		360		01-Mar-2005
105842389 2			156,000.00		155,530.48		01-Mar-2005		10.900%		GA - 65.00%		360		01-Mar-2005


TOTAL			977,175.00		972,619.00


Page 16 of 33
Ameriquest Mortgage Securities, Inc. 2005-R2

Mortgage Pass-Through Certificates

2005-R2

October 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
87547469 1
			69,600.00		68,752.66		01-May-2005		9.750%		FL - 80.00%		360		01-Oct-2004

93796688 1			342,000.00		340,341.64		01-May-2005		10.650%		CA - 90.00%		360		01-Nov-2004
100036342 1			300,000.00		298,104.51		01-Apr-2005		8.450%		WA - 75.00%		360		01-Jan-2005
102205762 1			141,600.00		140,998.39		01-Apr-2005		9.850%		PA - 80.00%		360		01-Feb-2005
103128484 1			102,000.00		101,373.64		01-May-2005		8.050%		OH - 83.61%		360		01-Feb-2005
103766945 1			250,000.00		248,706.60		01-Feb-2005		8.300%		TX - 69.44%		360		01-Mar-2005
103771267 1			107,100.00		106,594.26		01-Apr-2005		8.750%		NC - 90.00%		360		01-Mar-2005
104008685 1			189,000.00		187,959.39		01-May-2005		7.990%		TN - 90.00%		360		01-Mar-2005
104173984 1			342,375.00		340,691.15		01-May-2005		8.550%		NY - 82.50%		360		01-Mar-2005
104560081 1			107,200.00		106,432.24		01-May-2005		6.650%		MO - 92.41%		360		01-Mar-2005
104706163 1			197,500.00		196,772.62		01-Apr-2005		9.950%		NY - 68.10%		360		01-Mar-2005
104907183 1			95,000.00		94,532.76		01-Apr-2005		8.550%		TX - 67.86%		360		01-Mar-2005
105040240 1			153,000.00		152,361.40		01-Mar-2005		9.350%		PA - 90.00%		360		01-Mar-2005
105044747 1			127,500.00		126,833.66		01-Apr-2005		8.250%		FL - 75.00%		360		01-Mar-2005
105079545 1			174,250.00		173,348.46		01-Apr-2005		8.300%		MI - 85.00%		360		01-Mar-2005
105170740 1			111,000.00		110,573.67		01-Feb-2005		9.750%		RI - 74.00%		360		01-Mar-2005
105213649 1			60,000.00		59,780.89		01-Apr-2005		9.990%		NE - 75.00%		360		01-Mar-2005
105285480 1			127,500.00		126,967.79		01-May-2005		9.350%		WA - 75.00%		360		01-Mar-2005
105389985 1			60,000.00		59,815.47		01-Mar-2005		10.800%		TX - 70.59%		360		01-Mar-2005
105705024 1			127,500.00		126,866.49		01-Apr-2005		8.500%		CT - 85.00%		360		01-Mar-2005
105706022 1			78,625.00		78,310.12		01-Mar-2005		9.550%		OK - 85.00%		360		01-Mar-2005
105898043 1			93,749.00		93,088.04		01-May-2005		8.500%		MI - 75.00%		360		01-Mar-2005
105924765 1			138,479.00		137,702.68		01-Mar-2005		7.900%		FL - 76.09%		360		01-Mar-2005
105985683 1			140,000.00		139,275.71		01-Mar-2005		8.300%		MN - 76.92%		360		01-Mar-2005
106165442 1			75,000.00		74,708.91		01-May-2005		9.700%		TN - 60.00%		360		01-Mar-2005
106261100 1			140,250.00		139,688.44		01-Apr-2005		9.550%		MD - 85.00%		360		01-Mar-2005
106650609 1			105,000.00		104,445.68		01-Mar-2005		8.200%		TN - 64.82%		360		01-Mar-2005
107085847 1			98,850.00		98,615.08		01-May-2005		11.990%		MI - 75.00%		360		01-Mar-2005
107136368 1			69,000.00		68,743.14		01-Apr-2005		9.900%		TX - 60.00%		360		01-Mar-2005
107137960 1			94,000.00		93,482.40		01-Apr-2005		7.990%		AZ - 74.60%		360		01-Mar-2005
107252363 1			175,500.00		174,445.38		01-Apr-2005		7.550%		IL - 90.00%		360		01-Mar-2005
107260200 1			80,937.00		80,534.84		01-May-2005		8.500%		OK - 89.93%		360		01-Mar-2005
107311706 1			266,000.00		264,804.13		01-May-2005		8.990%		NJ - 70.00%		360		01-Mar-2005
108053489 1			68,850.00		68,540.47		01-Apr-2005		8.990%		OK - 85.00%		360		01-Mar-2005
108386780 1			247,500.00		246,387.29		01-May-2005		8.990%		MA - 55.00%		360		01-Mar-2005
95674008 2			70,386.00		69,874.92		01-Mar-2005		8.250%		AZ - 46.16%		360		01-Dec-2004
96719505 2			60,000.00		59,754.54		01-Apr-2005		10.550%		MI - 70.59%		360		01-Jan-2005
99312423 2			340,200.00		337,960.17		01-Apr-2005		7.700%		OH - 90.00%		360		01-Feb-2005
100427327 2			180,000.00		178,679.00		01-Apr-2005		7.700%		IN - 75.00%		360		01-Jan-2005
101202901 2			88,200.00		87,678.85		01-May-2005		8.250%		OH - 90.00%		360		01-Feb-2005
103376927 2			133,450.00		132,881.29		01-Apr-2005		9.250%		MI - 85.00%		360		01-Mar-2005
103397865 2			70,000.00		69,806.64		01-Apr-2005		11.300%		NJ - 25.00%		360		01-Mar-2005
103544169 2			239,150.00		237,961.80		01-Mar-2005		8.500%		MN - 75.44%		360		01-Mar-2005
103897542 2			155,750.00		154,876.30		01-Apr-2005		8.500%		OH - 89.00%		360		01-Feb-2005
104427661 2			252,000.00		249,904.63		01-Mar-2005		6.500%		OH - 77.54%		360		01-Feb-2005
104636261 2			101,000.00		100,487.89		01-Mar-2005		8.400%		WI - 76.81%		360		01-Mar-2005
104833066 2			272,000.00		270,777.19		01-Jun-2005		8.990%		FL - 85.00%		360		01-Mar-2005
105166649 2			160,125.00		159,000.09		01-Jun-2005		6.750%		OR - 87.50%		360		01-Mar-2005
105345466 2			60,000.00		59,817.41		01-May-2005		10.850%		TX - 75.00%		360		01-Mar-2005


Page 17 of 33
Ameriquest Mortgage Securities, Inc. 2005-R2

Mortgage Pass-Through Certificates

2005-R2

October 25, 2005 Distribution

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
105580443 2
			180,900.00		180,261.28		01-Feb-2005		10.150%		WI - 90.00%		360		01-Mar-2005

105741367 2			229,500.00		228,615.26		01-Apr-2005		9.750%		CA - 85.00%		360		01-Mar-2005
105870802 2			82,499.00		82,093.19		01-May-2005		8.550%		FL - 75.00%		360		01-Mar-2005
105878581 2			199,500.00		198,457.43		01-May-2005		8.250%		MO - 76.73%		360		01-Mar-2005
106431562 2			67,500.00		67,269.10		01-Apr-2005		10.300%		IL - 75.00%		360		01-Mar-2005
106473606 2			168,000.00		167,374.72		01-May-2005		9.900%		WI - 60.00%		360		01-Mar-2005
106589203 2			60,750.00		60,491.11		01-Mar-2005		9.250%		NE - 88.04%		360		01-Mar-2005
106621386 2			70,000.00		69,752.80		01-Mar-2005		10.150%		WA - 45.16%		360		01-Mar-2005
106666860 2			225,000.00		224,178.31		01-May-2005		9.990%		FL - 74.50%		360		01-Mar-2005
107080046 2			72,000.00		71,675.68		01-Apr-2005		8.990%		NE - 73.47%		360		01-Mar-2005
107188740 2			255,000.00		253,190.14		01-May-2005		6.700%		CA - 85.00%		360		01-Mar-2005
107765448 2			209,000.00		207,896.74		01-Apr-2005		8.200%		NY - 81.96%		360		01-Mar-2005
107783425 2			65,000.00		64,745.32		01-Feb-2005		9.650%		KY - 50.00%		360		01-Mar-2005
95237483 3			359,735.00		357,485.95		01-Apr-2005		8.990%		FL - 73.42%		360		01-Dec-2004
104026521 3			161,000.00		159,981.26		01-May-2005		7.900%		OH - 89.94%		360		01-Feb-2005
104380209 3			344,250.00		341,990.28		01-May-2005		7.100%		NY - 85.00%		360		01-Mar-2005
104610308 3			173,400.00		172,734.06		01-Apr-2005		9.750%		FL - 85.00%		360		01-Mar-2005
104986161 3			121,050.00		120,278.34		01-May-2005		7.250%		MI - 89.67%		360		01-Mar-2005
105110027 3			112,500.00		111,906.10		01-May-2005		8.200%		FL - 90.00%		360		01-Mar-2005
105277248 3			120,800.00		119,875.85		01-May-2005		7.300%		WI - 80.00%		360		01-Mar-2005
106437825 3			87,750.00		87,364.34		01-Apr-2005		9.100%		MT - 75.00%		360		01-Mar-2005
106454101 3			373,500.00		371,858.46		01-May-2005		9.100%		NJ - 90.00%		360		01-Mar-2005
106993629 3			61,500.00		61,229.67		01-Mar-2005		9.100%		IA - 56.94%		360		01-Mar-2005
107132664 3			135,000.00		134,220.26		01-Feb-2005		7.750%		FL - 90.00%		360		01-Mar-2005
108016205 3			347,000.00		345,394.58		01-Apr-2005		8.850%		WA - 82.42%		360		01-Mar-2005


TOTAL			11,520,260.00		11,460,360.95


Page 18 of 33
Ameriquest Mortgage Securities, Inc. 2005-R2

Mortgage Pass-Through Certificates

2005-R2

October 25, 2005 Distribution
Prepayment Report

VOLUNTARY PREPAYMENTS


									Group 3		Group 2		Group 1		Total




Current


Number of Paid in Full Loans								59		82		83		224
Number of Repurchased Loans								0		0		0		0
Total Number of Loans Prepaid in Full								59		82		83		224
Curtailments Amount								12,957.44		31,307.93		22,230.72		66,496.09
Paid in Full Balance								14,311,432.19		15,219,430.67		14,298,339.06		43,829,201.92
Repurchased Loans Balance								0.00		0.00		0.00		0.00
Total Prepayment Amount								14,324,389.63		15,250,738.60		14,320,569.78		43,895,698.01

Cumulative


Number of Paid in Full Loans								286		357		408		1,051
Number of Repurchased Loans								9		9		11		29
Total Number of Loans Prepaid in Full								295		366		419		1,080
Paid in Full Balance								77,081,510.56		65,498,950.33		78,064,899.28		220,645,360.17
Repurchased Loans Balance								1,964,444.49		1,158,795.68		1,889,455.14		5,012,695.31
Curtailments Amount								284,288.19		326,618.84		166,040.75		776,947.78
Total Prepayment Amount								79,330,243.24		66,984,364.85		80,120,395.17		226,435,003.26










Page 19 of 33
Ameriquest Mortgage Securities, Inc. 2005-R2

Mortgage Pass-Through Certificates

2005-R2

October 25, 2005 Distribution

VOLUNTARY PREPAYMENTS RATES


									Group 3		Group 2		Group 1		Total



SMM								4.30%		4.45%		4.31%		4.36%
3 Months Avg SMM								3.93%		4.09%		4.85%		4.29%
12 Months Avg SMM								3.12%		2.61%		3.16%		2.96%
Avg SMM Since Cut-off								3.12%		2.61%		3.16%		2.96%


CPR								41.01%		42.12%		41.08%		41.41%
3 Months Avg CPR								38.20%		39.40%		44.96%		40.92%
12 Months Avg CPR								31.64%		27.16%		31.95%		30.26%
Avg CPR Since Cut-off								31.64%		27.16%		31.95%		30.26%


PSA								2,525.47%		2,579.87%		2,522.97%		2,543.44%
3 Months Avg PSA Approximation								2,684.46%		2,751.49%		3,147.48%		2,866.14%
12 Months Avg PSA Approximation								3,093.56%		2,633.13%		3,106.79%		2,945.19%
Avg PSA Since Cut-off Approximation								3,093.56%		2,633.13%		3,106.79%		2,945.18%










Page 20 of 33
Ameriquest Mortgage Securities, Inc. 2005-R2

Mortgage Pass-Through Certificates

2005-R2

October 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 21 of 33
Ameriquest Mortgage Securities, Inc. 2005-R2

Mortgage Pass-Through Certificates

2005-R2

October 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

83731869 2			101,000.00		100,094.27			04-Oct-2005		8.150%		FL - 75.61%		Paid Off - 360		01-Sep-2004


84804921 1			110,000.00		108,652.31			12-Sep-2005		8.250%		OH - 74.83%		Paid Off - 360		01-Sep-2004

93608107 3			599,999.00		593,868.18			07-Oct-2005		6.500%		OR - 88.24%		Paid Off - 360		01-Jan-2005

94554342 2			124,000.00		123,053.38			03-Oct-2005		7.500%		MA - 35.43%		Paid Off - 360		01-Dec-2004

94600962 1			126,500.00		125,762.93			22-Sep-2005		8.850%		NY - 84.33%		Paid Off - 360		01-Dec-2004

95221545 1			185,000.00		183,440.10			03-Oct-2005		6.990%		FL - 80.79%		Paid Off - 360		01-Dec-2004

96221866 1			106,000.00		105,473.86			27-Sep-2005		9.100%		KY - 75.71%		Paid Off - 360		01-Jan-2005

97056188 1			264,600.00		263,101.85			15-Sep-2005		8.990%		IL - 90.00%		Paid Off - 360		01-Dec-2004

97061881 2			60,000.00		59,584.19			06-Oct-2005		7.990%		CA - 36.70%		Paid Off - 360		01-Dec-2004

97461800 1			350,000.00		347,351.76			21-Sep-2005		6.990%		FL - 77.78%		Paid Off - 360		01-Jan-2005

97814461 2			124,000.00		123,191.61			27-Sep-2005		7.750%		GA - 86.47%		Paid Off - 360		01-Jan-2005

100195387 2			150,000.00		149,273.95			30-Sep-2005		7.950%		CA - 68.18%		Paid Off - 360		01-Mar-2005

100838127 2			430,000.00		427,043.27			27-Sep-2005		6.150%		CA - 79.63%		Paid Off - 360		01-Mar-2005

102035565 2			101,500.00		100,368.69			20-Sep-2005		10.700%		WI - 84.58%		Paid Off - 360		01-Mar-2005

102494887 2			76,423.00		75,906.44			07-Oct-2005		6.950%		FL - 84.91%		Paid Off - 360		01-Feb-2005

102712700 1			116,000.00		115,353.21			06-Oct-2005		7.950%		OH - 65.17%		Paid Off - 360		01-Feb-2005

102857588 2			307,000.00		305,878.90			22-Sep-2005		9.990%		PA - 80.79%		Paid Off - 360		01-Feb-2005

102968344 3			117,000.00		116,362.06			04-Oct-2005		7.350%		NY - 90.00%		Paid Off - 360		01-Mar-2005

103055083 2			109,500.00		108,914.56			07-Oct-2005		7.450%		WY - 62.57%		Paid Off - 360		01-Mar-2005

103192803 3			135,000.00		134,518.96			04-Oct-2005		9.450%		IL - 90.00%		Paid Off - 360		01-Mar-2005

103307328 1			106,504.00		106,120.59			14-Sep-2005		9.900%		FL - 78.89%		Paid Off - 360		01-Mar-2005

103479226 2			187,320.00		186,508.56			12-Sep-2005		8.500%		AZ - 84.00%		Paid Off - 360		01-Mar-2005

103567566 2			153,750.00		153,245.95			07-Oct-2005		10.950%		NJ - 75.00%		Paid Off - 360		01-Feb-2005

103659207 3			113,000.00		112,413.50			12-Sep-2005		7.600%		MD - 84.96%		Paid Off - 360		01-Mar-2005

103694303 2			129,500.00		128,938.98			19-Sep-2005		8.500%		IL - 70.00%		Paid Off - 360		01-Mar-2005

103729547 3			243,000.00		241,713.63			04-Oct-2005		7.500%		CO - 90.00%		Paid Off - 360		01-Mar-2005

103737946 3			69,500.00		68,034.50			05-Oct-2005		7.750%		KY - 73.94%		Paid Off - 180		01-Mar-2005

103790663 1			337,800.00		335,865.57			29-Sep-2005		7.100%		AZ - 80.43%		Paid Off - 360		01-Mar-2005

103868980 3			179,119.00		178,335.16			30-Sep-2005		8.450%		TX - 79.61%		Paid Off - 360		01-Mar-2005

103997722 2			306,000.00		304,740.30			21-Sep-2005		8.750%		NY - 85.00%		Paid Off - 360		01-Mar-2005

104044268 3			391,000.00		387,962.65			29-Sep-2005		5.500%		KY - 85.00%		Paid Off - 360		01-Mar-2005

104087440 3			211,500.00		210,262.56			19-Sep-2005		6.990%		NH - 90.00%		Paid Off - 360		01-Mar-2005

104167267 1			150,000.00		149,165.86			23-Sep-2005		7.250%		FL - 75.00%		Paid Off - 360		01-Mar-2005

104192406 1			144,000.00		143,419.22			29-Sep-2005		8.850%		NJ - 60.00%		Paid Off - 360		01-Mar-2005

104212303 3			250,000.00		248,467.59			12-Sep-2005		6.750%		FL - 84.75%		Paid Off - 360		01-Mar-2005

104284161 1			120,000.00		119,190.34			04-Oct-2005		6.250%		AL - 69.83%		Paid Off - 360		01-Mar-2005

104293105 3			63,750.00		63,555.94			16-Sep-2005		10.200%		GA - 60.71%		Paid Off - 360		01-Mar-2005



Page 22 of 33
Ameriquest Mortgage Securities, Inc. 2005-R2

Mortgage Pass-Through Certificates

2005-R2

October 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

104366026 2			95,000.00		94,397.00			06-Oct-2005		8.300%		CA - 50.00%		Paid Off - 360		01-Mar-2005


104402888 2			136,000.00		135,554.25			07-Oct-2005		9.850%		TX - 80.00%		Paid Off - 360		01-Mar-2005

104505821 2			208,489.00		207,363.33			30-Sep-2005		7.400%		CA - 59.57%		Paid Off - 360		01-Mar-2005

104516968 1			143,250.00		142,549.67			20-Sep-2005		7.900%		MD - 75.00%		Paid Off - 360		01-Mar-2005

104538848 2			159,000.00		157,687.23			16-Sep-2005		9.250%		CA - 79.90%		Paid Off - 360		01-Mar-2005

104539762 2			156,000.00		155,174.20			30-Sep-2005		7.500%		CA - 75.00%		Paid Off - 360		01-Mar-2005

104567144 3			395,000.00		393,218.14			03-Oct-2005		8.300%		NY - 83.86%		Paid Off - 360		01-Mar-2005

104573605 1			62,434.00		62,287.09			28-Sep-2005		11.400%		NJ - 41.62%		Paid Off - 360		01-Mar-2005

104696745 1			103,670.00		103,357.76			22-Sep-2005		10.250%		IL - 70.00%		Paid Off - 360		01-Mar-2005

104758784 3			169,000.00		168,095.50			04-Oct-2005		7.450%		MD - 71.92%		Paid Off - 360		01-Mar-2005

104773502 2			287,000.00		285,206.54			15-Sep-2005		6.650%		FL - 88.31%		Paid Off - 360		01-Mar-2005

104791041 2			196,000.00		195,040.77			30-Sep-2005		7.900%		CA - 68.77%		Paid Off - 360		01-Mar-2005

104804687 3			168,300.00		167,730.78			20-Sep-2005		9.700%		MD - 85.00%		Paid Off - 360		01-Mar-2005

104809124 1			168,750.00		167,274.50			03-Oct-2005		9.400%		WI - 90.00%		Paid Off - 360		01-Mar-2005

104811344 1			158,000.00		157,476.77			28-Sep-2005		9.800%		NJ - 58.52%		Paid Off - 360		01-Mar-2005

104862768 1			120,800.00		120,059.52			03-Oct-2005		6.750%		FL - 89.48%		Paid Off - 360		01-Mar-2005

104868625 1			140,000.00		139,170.21			21-Sep-2005		7.600%		FL - 65.77%		Paid Off - 360		01-Mar-2005

104870589 2			313,000.00		310,947.85			22-Sep-2005		6.400%		MA - 84.60%		Paid Off - 360		01-Mar-2005

104892963 1			118,800.00		118,230.08			29-Sep-2005		8.990%		NC - 90.00%		Paid Off - 360		01-Mar-2005

104906748 2			170,200.00		169,316.71			30-Sep-2005		7.600%		CA - 74.00%		Paid Off - 360		01-Mar-2005

104980347 2			112,500.00		111,927.58			15-Sep-2005		7.700%		CA - 56.96%		Paid Off - 360		01-Mar-2005

104993365 1			320,000.00		318,722.89			04-Oct-2005		8.950%		NY - 61.54%		Paid Off - 360		01-Mar-2005

105009864 1			121,557.00		120,973.31			30-Sep-2005		7.990%		FL - 73.67%		Paid Off - 360		01-Mar-2005

105015440 3			117,000.00		116,461.40			14-Sep-2005		8.200%		ME - 53.92%		Paid Off - 360		01-Mar-2005

105018485 2			314,500.00		312,659.93			20-Sep-2005		6.990%		CA - 85.00%		Paid Off - 360		01-Mar-2005

105021984 2			160,000.00		158,970.89			04-Oct-2005		6.500%		NY - 69.57%		Paid Off - 360		01-Mar-2005

105038442 2			68,000.00		67,783.60			19-Sep-2005		9.990%		AL - 80.00%		Paid Off - 360		01-Mar-2005

105078661 1			175,000.00		173,796.71			06-Oct-2005		6.150%		NV - 79.21%		Paid Off - 360		01-Mar-2005

105087043 3			130,150.00		129,639.91			04-Oct-2005		8.990%		NC - 95.00%		Paid Off - 360		01-Mar-2005

105087324 2			150,000.00		149,303.36			21-Sep-2005		8.450%		MI - 60.00%		Paid Off - 360		01-Mar-2005

105113468 3			410,000.00		407,016.57			30-Sep-2005		5.850%		CA - 87.68%		Paid Off - 360		01-Mar-2005

105122782 3			397,000.00		394,677.28			21-Sep-2005		6.990%		NY - 79.40%		Paid Off - 360		01-Mar-2005

105184006 2			161,100.00		160,131.43			13-Sep-2005		6.850%		AZ - 89.50%		Paid Off - 360		01-Mar-2005

105190862 3			78,000.00		77,099.40			30-Sep-2005		8.400%		ME - 65.00%		Paid Off - 240		01-Mar-2005

105200984 3			60,488.00		60,285.55			05-Oct-2005		9.750%		FL - 54.99%		Paid Off - 360		01-Mar-2005

105201461 1			146,200.00		145,456.18			06-Oct-2005		7.700%		NJ - 85.00%		Paid Off - 360		01-Mar-2005

105211627 2			155,000.00		154,242.23			30-Sep-2005		7.900%		FL - 79.49%		Paid Off - 360		01-Mar-2005

105216683 1			103,500.00		103,018.76			30-Sep-2005		8.150%		FL - 75.00%		Paid Off - 360		01-Mar-2005



Page 23 of 33
Ameriquest Mortgage Securities, Inc. 2005-R2

Mortgage Pass-Through Certificates

2005-R2

October 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

105220941 1			131,000.00		130,552.30			04-Oct-2005		9.650%		NV - 72.38%		Paid Off - 360		01-Mar-2005


105245021 2			210,000.00		208,942.13			07-Oct-2005		7.750%		MO - 87.50%		Paid Off - 360		01-Mar-2005

105268205 2			321,500.00		319,567.13			26-Sep-2005		6.850%		MD - 78.99%		Paid Off - 360		01-Mar-2005

105297287 3			267,750.00		266,401.23			19-Sep-2005		7.750%		AZ - 85.00%		Paid Off - 360		01-Mar-2005

105298061 2			148,500.00		147,721.62			28-Sep-2005		7.550%		MD - 82.50%		Paid Off - 360		01-Mar-2005

105306260 3			263,500.00		261,931.07			05-Oct-2005		6.900%		CA - 72.79%		Paid Off - 360		01-Mar-2005

105346100 3			465,000.00		462,231.35			13-Sep-2005		6.900%		MD - 75.00%		Paid Off - 360		01-Mar-2005

105346381 1			148,000.00		147,246.97			23-Sep-2005		7.700%		AZ - 80.00%		Paid Off - 360		01-Mar-2005

105362024 1			151,000.00		150,332.47			16-Sep-2005		8.400%		MD - 79.89%		Paid Off - 360		01-Mar-2005

105362081 2			148,660.00		147,447.59			28-Sep-2005		5.600%		MD - 81.37%		Paid Off - 360		01-Mar-2005

105369607 1			356,000.00		353,859.68			27-Sep-2005		6.850%		MA - 89.00%		Paid Off - 360		01-Mar-2005

105401442 1			84,000.00		83,643.46			07-Oct-2005		8.600%		PA - 75.00%		Paid Off - 360		01-Mar-2005

105404529 2			97,500.00		97,143.60			30-Sep-2005		9.350%		WI - 75.00%		Paid Off - 360		01-Mar-2005

105410328 1			238,500.00		236,809.65			27-Sep-2005		5.990%		MD - 41.76%		Paid Off - 360		01-Mar-2005

105430003 1			133,000.00		129,803.64			22-Sep-2005		6.200%		NY - 84.71%		Paid Off - 180		01-Mar-2005

105440366 2			254,000.00		252,513.88			19-Sep-2005		6.990%		FL - 74.71%		Paid Off - 360		01-Mar-2005

105457881 1			190,000.00		188,964.01			05-Oct-2005		7.350%		NJ - 71.70%		Paid Off - 360		01-Mar-2005

105468664 3			120,808.00		120,359.32			27-Sep-2005		9.250%		PA - 90.00%		Paid Off - 360		01-Mar-2005

105479208 3			348,500.00		346,895.61			27-Sep-2005		8.200%		CA - 85.00%		Paid Off - 360		01-Mar-2005

105493720 1			202,500.00		201,080.97			21-Sep-2005		6.050%		MA - 90.00%		Paid Off - 360		01-Mar-2005

105502561 2			74,000.00		73,736.31			30-Sep-2005		9.450%		GA - 52.86%		Paid Off - 360		01-Mar-2005

105507586 2			114,000.00		113,347.16			03-Oct-2005		7.100%		FL - 60.00%		Paid Off - 360		01-Mar-2005

105516009 1			255,100.00		253,581.16			12-Sep-2005		6.900%		NY - 80.98%		Paid Off - 360		01-Mar-2005

105545768 1			79,500.00		79,190.58			29-Sep-2005		9.100%		MI - 75.00%		Paid Off - 360		01-Mar-2005

105554984 1			118,500.00		118,189.34			30-Sep-2005		10.900%		FL - 75.00%		Paid Off - 360		01-Mar-2005

105558902 3			163,000.00		162,242.08			29-Sep-2005		8.150%		ME - 62.69%		Paid Off - 360		01-Mar-2005

105561146 2			125,000.00		124,418.75			05-Oct-2005		8.150%		GA - 64.10%		Paid Off - 360		01-Mar-2005

105570063 1			130,000.00		128,596.53			29-Sep-2005		5.950%		AZ - 76.47%		Paid Off - 300		01-Mar-2005

105580187 3			264,500.00		263,422.23			27-Sep-2005		8.800%		HI - 51.36%		Paid Off - 360		01-Mar-2005

105580625 1			194,500.00		193,416.42			21-Sep-2005		7.350%		NH - 71.77%		Paid Off - 360		01-Mar-2005

105592182 3			122,400.00		121,812.27			04-Oct-2005		7.990%		CA - 85.00%		Paid Off - 360		01-Mar-2005

105594204 3			110,060.00		109,558.43			21-Sep-2005		8.250%		NJ - 87.35%		Paid Off - 360		01-Mar-2005

105599328 3			170,000.00		169,348.74			21-Sep-2005		9.100%		MD - 82.93%		Paid Off - 360		01-Mar-2005

105599922 1			64,500.00		64,178.30			20-Sep-2005		7.800%		NY - 74.14%		Paid Off - 360		01-Mar-2005

105609945 3			81,000.00		80,734.48			06-Oct-2005		9.850%		MI - 90.00%		Paid Off - 360		01-Mar-2005

105627160 3			202,413.00		201,596.59			30-Sep-2005		8.850%		FL - 80.97%		Paid Off - 360		01-Mar-2005

105632202 1			218,000.00		216,167.79			27-Sep-2005		5.850%		WA - 83.85%		Paid Off - 360		01-Mar-2005

105691380 1			202,500.00		201,509.96			07-Oct-2005		7.900%		CA - 75.00%		Paid Off - 360		01-Mar-2005



Page 24 of 33
Ameriquest Mortgage Securities, Inc. 2005-R2

Mortgage Pass-Through Certificates

2005-R2

October 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

105693022 1			309,000.00		305,605.70			20-Sep-2005		5.800%		CT - 78.23%		Paid Off - 360		01-Mar-2005


105710065 2			123,000.00		122,134.56			05-Oct-2005		9.950%		NY - 66.49%		Paid Off - 360		01-Mar-2005

105744502 1			117,000.00		116,541.48			21-Sep-2005		8.990%		NJ - 90.00%		Paid Off - 360		01-Mar-2005

105747968 1			235,000.00		233,768.27			27-Sep-2005		7.550%		CA - 58.31%		Paid Off - 360		01-Mar-2005

105752729 2			178,200.00		177,284.29			12-Sep-2005		7.650%		FL - 90.00%		Paid Off - 360		01-Mar-2005

105758684 1			307,800.00		307,261.76			19-Sep-2005		12.750%		NV - 90.00%		Paid Off - 360		01-Mar-2005

105762983 3			157,500.00		156,882.78			14-Sep-2005		8.990%		AZ - 90.00%		Paid Off - 360		01-Mar-2005

105779680 3			225,000.00		224,164.37			05-Oct-2005		9.250%		NJ - 91.84%		Paid Off - 360		01-Mar-2005

105781082 1			213,000.00		211,905.48			29-Sep-2005		7.650%		NJ - 78.89%		Paid Off - 360		01-Mar-2005

105783021 1			193,500.00		192,088.14			28-Sep-2005		6.650%		MD - 90.00%		Paid Off - 360		01-Mar-2005

105794168 2			165,749.00		164,662.31			07-Oct-2005		6.400%		FL - 80.85%		Paid Off - 360		01-Mar-2005

105840441 2			300,000.00		298,364.25			29-Sep-2005		7.350%		NJ - 89.55%		Paid Off - 360		01-Mar-2005

105847644 1			266,000.00		264,443.73			23-Sep-2005		6.990%		NY - 78.24%		Paid Off - 360		01-Mar-2005

105854426 3			182,200.00		181,135.40			21-Sep-2005		7.100%		WA - 74.67%		Paid Off - 360		01-Mar-2005

105880561 2			74,000.00		73,759.98			16-Sep-2005		9.900%		FL - 81.32%		Paid Off - 360		01-Mar-2005

105883482 1			60,000.00		59,264.71			15-Sep-2005		10.750%		NJ - 66.67%		Paid Off - 360		01-Mar-2005

105905681 1			75,000.00		74,674.17			04-Oct-2005		8.500%		OK - 62.50%		Paid Off - 360		01-Mar-2005

105910905 1			350,000.00		346,761.90			19-Sep-2005		6.350%		FL - 68.57%		Paid Off - 360		01-Mar-2005

105912125 3			124,200.00		123,688.67			03-Oct-2005		8.750%		NY - 90.00%		Paid Off - 360		01-Mar-2005

105921746 1			68,000.00		67,836.42			20-Sep-2005		11.300%		NJ - 64.76%		Paid Off - 360		01-Mar-2005

105932024 2			171,000.00		169,991.67			15-Sep-2005		6.950%		TN - 90.00%		Paid Off - 360		01-Mar-2005

105941066 2			107,249.00		106,897.48			29-Sep-2005		9.850%		IL - 82.50%		Paid Off - 360		01-Mar-2005

105957963 2			97,200.00		96,778.89			26-Sep-2005		8.500%		MD - 90.00%		Paid Off - 360		01-Mar-2005

105968184 2			637,500.00		633,849.37			30-Sep-2005		7.100%		CA - 85.00%		Paid Off - 360		01-Mar-2005

105970164 3			600,000.00		597,530.02			30-Sep-2005		8.750%		WA - 75.47%		Paid Off - 360		01-Mar-2005

105988141 2			153,500.00		152,654.71			13-Sep-2005		7.300%		IA - 82.97%		Paid Off - 360		01-Mar-2005

106036387 1			141,151.00		140,325.13			19-Sep-2005		6.990%		AZ - 87.13%		Paid Off - 360		01-Mar-2005

106041106 1			309,600.00		307,878.41			26-Sep-2005		7.250%		WI - 90.00%		Paid Off - 360		01-Mar-2005

106051048 2			344,000.00		341,269.21			16-Sep-2005		8.990%		NY - 80.00%		Paid Off - 360		01-Mar-2005

106080781 3			196,000.00		194,888.25			30-Sep-2005		8.650%		MD - 80.00%		Paid Off - 360		01-Mar-2005

106093107 3			108,750.00		108,244.34			03-Oct-2005		8.150%		FL - 73.98%		Paid Off - 360		01-Mar-2005

106103203 2			98,000.00		97,553.37			30-Sep-2005		8.250%		IN - 72.59%		Paid Off - 360		01-Mar-2005

106118185 3			150,179.00		149,258.46			03-Oct-2005		6.750%		AZ - 93.86%		Paid Off - 360		01-Mar-2005

106120900 2			149,000.00		147,256.08			04-Oct-2005		6.850%		CT - 78.42%		Paid Off - 360		01-Mar-2005

106140288 1			171,000.00		169,941.65			05-Oct-2005		6.700%		CO - 90.00%		Paid Off - 360		01-Mar-2005

106157605 2			258,300.00		256,877.71			04-Oct-2005		7.300%		WA - 90.00%		Paid Off - 360		01-Mar-2005

106205008 3			422,500.00		420,574.70			30-Sep-2005		8.250%		CA - 65.00%		Paid Off - 360		01-Mar-2005

106206626 1			187,000.00		186,112.83			07-Oct-2005		8.050%		CA - 71.37%		Paid Off - 360		01-Mar-2005



Page 25 of 33
Ameriquest Mortgage Securities, Inc. 2005-R2

Mortgage Pass-Through Certificates

2005-R2

October 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

106224165 1			269,961.00		268,926.79			07-Oct-2005		9.100%		NJ - 79.87%		Paid Off - 360		01-Mar-2005


106293822 3			382,500.00		381,599.94			28-Sep-2005		11.400%		NV - 90.00%		Paid Off - 360		01-Mar-2005

106329402 1			152,250.00		151,653.32			05-Oct-2005		8.990%		NY - 75.00%		Paid Off - 360		01-Mar-2005

106332281 2			301,000.00		299,528.45			03-Oct-2005		7.900%		CA - 64.04%		Paid Off - 360		01-Mar-2005

106340987 3			311,000.00		309,075.18			28-Sep-2005		6.700%		NV - 80.99%		Paid Off - 360		01-Mar-2005

106344880 2			180,000.00		179,102.25			16-Sep-2005		7.800%		CA - 72.00%		Paid Off - 360		01-Mar-2005

106370240 2			250,000.00		249,145.61			06-Oct-2005		9.650%		NJ - 52.97%		Paid Off - 360		01-Mar-2005

106374747 2			213,350.00		211,258.60			19-Sep-2005		6.600%		CA - 85.00%		Paid Off - 360		01-Mar-2005

106432826 2			257,400.00		255,852.48			30-Sep-2005		6.850%		CA - 90.00%		Paid Off - 360		01-Mar-2005

106434863 1			150,700.00		149,683.26			30-Sep-2005		6.250%		FL - 86.11%		Paid Off - 360		01-Mar-2005

106444243 1			60,000.00		59,840.96			23-Sep-2005		10.850%		MD - 49.38%		Paid Off - 360		01-Mar-2005

106446040 2			201,000.00		199,523.58			30-Sep-2005		5.800%		CA - 89.73%		Paid Off - 360		01-Mar-2005

106450562 1			162,000.00		160,957.98			22-Sep-2005		6.500%		MA - 90.00%		Paid Off - 360		01-Mar-2005

106453905 3			237,000.00		236,071.18			30-Sep-2005		8.990%		WA - 81.72%		Paid Off - 360		01-Mar-2005

106497506 1			250,000.00		248,825.85			04-Oct-2005		8.100%		NY - 72.46%		Paid Off - 360		01-Mar-2005

106545924 3			184,000.00		182,956.57			04-Oct-2005		7.150%		FL - 87.62%		Paid Off - 360		01-Mar-2005

106549306 3			295,000.00		293,438.37			20-Sep-2005		7.500%		NY - 89.39%		Paid Off - 360		01-Mar-2005

106626401 3			153,000.00		152,316.70			22-Sep-2005		8.350%		IL - 88.44%		Paid Off - 360		01-Mar-2005

106643000 2			330,000.00		328,895.66			20-Sep-2005		9.750%		NY - 82.50%		Paid Off - 360		01-Mar-2005

106667868 3			255,737.00		254,116.88			03-Oct-2005		6.800%		NV - 86.69%		Paid Off - 360		01-Mar-2005

106712581 1			85,500.00		85,162.17			05-Oct-2005		8.950%		MI - 90.00%		Paid Off - 360		01-Mar-2005

106743404 3			562,000.00		558,588.37			05-Oct-2005		6.800%		CA - 80.29%		Paid Off - 360		01-Mar-2005

106754484 1			137,000.00		136,300.67			14-Sep-2005		7.990%		FL - 78.29%		Paid Off - 360		01-Mar-2005

106783202 3			91,000.00		89,398.84			14-Sep-2005		8.200%		MD - 82.73%		Paid Off - 240		01-Mar-2005

106824907 2			108,750.00		108,393.61			27-Sep-2005		9.850%		SC - 75.00%		Paid Off - 360		01-Mar-2005

106826464 3			187,000.00		186,267.17			16-Sep-2005		8.990%		FL - 85.00%		Paid Off - 360		01-Mar-2005

106828940 2			151,200.00		150,799.31			03-Oct-2005		10.850%		FL - 80.00%		Paid Off - 360		01-Mar-2005

106853567 1			210,000.00		208,991.63			22-Sep-2005		7.990%		CA - 66.67%		Paid Off - 360		01-Mar-2005

106864408 2			340,000.00		337,706.15			28-Sep-2005		6.250%		NY - 52.31%		Paid Off - 360		01-Mar-2005

106876949 3			394,000.00		391,654.12			05-Oct-2005		6.900%		CA - 83.83%		Paid Off - 360		01-Mar-2005

106893803 3			565,000.00		560,554.67			15-Sep-2005		6.100%		CA - 75.33%		Paid Off - 360		01-Mar-2005

106907280 1			138,000.00		135,127.30			29-Sep-2005		7.900%		NV - 58.72%		Paid Off - 180		01-Mar-2005

106911787 1			188,380.00		187,121.07			06-Oct-2005		6.300%		CA - 81.02%		Paid Off - 360		01-Mar-2005

106920804 3			360,000.00		357,662.16			28-Sep-2005		6.450%		CA - 90.00%		Paid Off - 360		01-Mar-2005

106959240 2			159,000.00		158,304.16			14-Sep-2005		8.450%		MD - 89.83%		Paid Off - 360		01-Mar-2005

107017923 1			232,000.00		230,886.04			21-Sep-2005		7.990%		IL - 80.00%		Paid Off - 360		01-Mar-2005

107030009 3			200,800.00		199,930.15			07-Oct-2005		8.500%		NJ - 80.00%		Paid Off - 360		01-Mar-2005

107041162 2			145,000.00		144,514.72			16-Sep-2005		9.750%		CA - 67.44%		Paid Off - 360		01-Mar-2005



Page 26 of 33
Ameriquest Mortgage Securities, Inc. 2005-R2

Mortgage Pass-Through Certificates

2005-R2

October 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

107088122 1			300,000.00		298,559.50			27-Sep-2005		7.990%		NY - 75.00%		Paid Off - 360		01-Mar-2005


107097024 1			261,800.00		260,905.32			26-Sep-2005		9.650%		CT - 84.84%		Paid Off - 360		01-Mar-2005

107151243 2			185,000.00		184,131.08			19-Sep-2005		8.100%		MD - 72.55%		Paid Off - 360		01-Mar-2005

107157349 2			116,383.00		115,355.42			30-Sep-2005		8.900%		FL - 69.69%		Paid Off - 360		01-Mar-2005

107221400 1			87,000.00		86,686.73			26-Sep-2005		9.400%		GA - 65.91%		Paid Off - 360		01-Mar-2005

107238123 2			207,000.00		205,493.74			06-Oct-2005		5.850%		MA - 75.27%		Paid Off - 360		01-Mar-2005

107245482 2			132,500.00		131,763.17			23-Sep-2005		7.250%		MD - 66.99%		Paid Off - 360		01-Mar-2005

107245565 2			338,611.00		336,192.57			19-Sep-2005		5.950%		MD - 84.65%		Paid Off - 360		01-Mar-2005

107382566 2			66,950.00		66,687.60			19-Sep-2005		8.990%		AZ - 65.00%		Paid Off - 360		01-Mar-2005

107389942 1			87,000.00		86,697.26			15-Sep-2005		8.800%		NY - 54.38%		Paid Off - 360		01-Apr-2005

107401267 2			265,000.00		263,586.93			03-Oct-2005		7.750%		CA - 68.83%		Paid Off - 360		01-Mar-2005

107516601 2			125,000.00		124,394.94			29-Sep-2005		7.950%		CA - 54.35%		Paid Off - 360		01-Mar-2005

107527863 2			121,756.00		121,210.23			26-Sep-2005		8.400%		FL - 72.47%		Paid Off - 360		01-Mar-2005

107565301 2			182,250.00		181,499.70			30-Sep-2005		8.750%		NY - 75.00%		Paid Off - 360		01-Mar-2005

107576464 2			106,000.00		105,481.74			16-Sep-2005		7.900%		ME - 73.10%		Paid Off - 360		01-Mar-2005

107576522 1			351,000.00		348,563.51			14-Sep-2005		6.100%		CA - 90.00%		Paid Off - 360		01-Mar-2005

107592701 1			198,000.00		197,124.59			05-Oct-2005		8.400%		CT - 66.00%		Paid Off - 360		01-Mar-2005

107637704 2			180,000.00		178,946.86			29-Sep-2005		6.990%		NJ - 63.38%		Paid Off - 360		01-Mar-2005

107655086 3			595,000.00		591,173.01			30-Sep-2005		6.500%		CA - 85.00%		Paid Off - 360		01-Mar-2005

107685240 2			157,187.00		156,492.13			04-Oct-2005		8.400%		FL - 83.43%		Paid Off - 360		01-Mar-2005

107716284 3			#######		197,460.79			27-Sep-2005		7.700%		FL - 88.22%		Paid Off - 360		01-Mar-2005

107760647 3			165,750.00		165,261.26			14-Sep-2005		10.350%		IL - 85.00%		Paid Off - 360		01-Mar-2005

107779365 1			112,000.00		111,484.41			13-Sep-2005		8.200%		RI - 43.92%		Paid Off - 360		01-Mar-2005

107861460 1			125,000.00		124,298.03			26-Sep-2005		7.200%		RI - 53.88%		Paid Off - 360		01-Mar-2005

107884827 1			210,000.00		209,289.82			22-Sep-2005		9.700%		NH - 75.00%		Paid Off - 360		01-Mar-2005

107904666 1			207,000.00		206,218.37			20-Sep-2005		8.400%		CT - 81.18%		Paid Off - 360		01-Apr-2005

107918088 2			132,000.00		131,057.38			07-Oct-2005		5.950%		CA - 82.50%		Paid Off - 360		01-Mar-2005

107954000 1			144,500.00		143,846.39			30-Sep-2005		7.500%		CA - 85.00%		Paid Off - 360		01-Apr-2005

108172461 1			173,250.00		172,481.75			03-Oct-2005		7.600%		PA - 75.00%		Paid Off - 360		01-Apr-2005

108220567 2			130,500.00		130,094.63			29-Sep-2005		9.350%		NC - 90.00%		Paid Off - 360		01-Apr-2005

109122762 1			131,000.00		130,462.65			29-Sep-2005		7.990%		MD - 79.39%		Paid Off - 360		01-Apr-2005

109550608 2			256,750.00		255,696.81			28-Sep-2005		7.990%		CA - 65.00%		Paid Off - 360		01-Apr-2005

109789206 2			414,000.00		411,699.16			05-Oct-2005		6.500%		HI - 90.00%		Paid Off - 360		01-Apr-2005

109906321 3			212,400.00		211,287.18			06-Oct-2005		6.750%		MA - 90.00%		Paid Off - 360		01-Apr-2005

109990465 1			61,600.00		61,439.63			21-Sep-2005		10.200%		LA - 59.81%		Paid Off - 360		01-Apr-2005



TOTAL			44,080,937.00		43,829,201.92



Page 27 of 33
Ameriquest Mortgage Securities, Inc. 2005-R2

Mortgage Pass-Through Certificates

2005-R2

October 25, 2005 Distribution
Realized Loss Report

COLLATERAL REALIZED LOSSES



									Group 3		Group 2		Group 1		Total


Current




Number of Loans Liquidated								0		1		0		1
Collateral Principal Realized Loss/(Gain) Amount								0.00		18,485.84		0.00		18,485.84
Collateral Interest Realized Loss/(Gain) Amount								0.00		0.00		10.00		10.00
Net Liquidation Proceeds								0.00		138,429.17		(10.00)		138,419.17

Cumulative




Number of Loans Liquidated								0		2		0		2
Collateral Realized Loss/(Gain) Amount								0.00		18,975.19		0.00		18,975.19
Net Liquidation Proceeds								0.00		213,753.81		0.00		213,753.81










Page 28 of 33
Ameriquest Mortgage Securities, Inc. 2005-R2

Mortgage Pass-Through Certificates

2005-R2

October 25, 2005 Distribution


DEFAULT SPEEDS



									Group 3		Group 2		Group 1		Total



MDR								0.00%		0.05%		0.00%		0.02%
3 Months Avg MDR								0.00%		0.02%		0.00%		0.01%
12 Months Avg MDR								0.00%		0.01%		0.00%		0.00%
Avg MDR Since Cut-off								0.00%		0.01%		0.00%		0.00%


CDR								0.00%		0.54%		0.00%		0.19%
3 Months Avg CDR								0.00%		0.26%		0.00%		0.09%
12 Months Avg CDR								0.00%		0.11%		0.00%		0.04%
Avg CDR Since Cut-off								0.00%		0.11%		0.00%		0.04%


SDA								0.00%		3.32%		0.00%		1.14%
3 Months Avg SDA Approximation								0.00%		1.83%		0.00%		0.63%
12 Months Avg SDA Approximation								0.00%		1.09%		0.00%		0.37%
Avg SDA Since Cut-off Approximation								0.00%		1.09%		0.00%		0.37%


Loss Severity Approximation for Current Period								0.00%		11.78%		0.00%		11.78%
3 Months Avg Loss Severity Approximation								0.00%		4.14%		0.00%		4.14%
12 Months Avg Loss Severity Approximation								0.00%		1.78%		0.00%		1.78%
Avg Loss Severity Approximation Since Cut-off								0.00%		1.78%		0.00%		1.78%












Page 29 of 33
Ameriquest Mortgage Securities, Inc. 2005-R2

Mortgage Pass-Through Certificates

2005-R2

October 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 30 of 33
Ameriquest Mortgage Securities, Inc. 2005-R2

Mortgage Pass-Through Certificates

2005-R2

October 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)

105339428 2
		Forcls	9.250%		CO - 75.00%		360		156,915.01				18,485.84		0.00

105512040 2					MI - 38.19%		360				Revision		10.00


TOTAL									156,915.01			18,495.84		0.00



Page 31 of 33
Ameriquest Mortgage Securities, Inc. 2005-R2

Mortgage Pass-Through Certificates

2005-R2

October 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
						Does a Sequential Trigger Exist? (0=No,1=Yes)								0

						60 + Days Delinquent Balance								26,555,426.37
						Ending Balance								966,827,134.25
						Delinquency Percentage								2.746657%

						Certificate Balances of Mezzanine and C Classes								232,200,005.68
						Credit Enhancement Percentage								24.016703%
						Credit Enhancement Percentage - Prior Month								22.950679%



ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK



ADDITIONAL INFORMATION

								Group 3		Group 2		Group 1		Total
Current LIBOR Rate														3.830000%
Next LIBOR Rate														4.037500%




Page 32 of 33
Ameriquest Mortgage Securities, Inc. 2005-R2

Mortgage Pass-Through Certificates

2005-R2

October 25, 2005 Distribution
Additional Certificate Report

ADDITIONAL CERTIFICATE REPORT

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

			A-1A							4.353%			$0.00		$0.00

			A-1B							4.328%			$0.00		$0.00

			A-2A							4.288%			$0.00		$0.00

			A-2B							4.338%			$0.00		$0.00

			A-3A							4.138%			$0.00		$0.00

			A-3B							4.238%			$0.00		$0.00

			A-3C							4.378%			$0.00		$0.00

			A-3D							4.338%			$0.00		$0.00

			M-1							4.488%			$0.00		$0.00

			M-2							4.518%			$0.00		$0.00

			M-3							4.558%			$0.00		$0.00

			M-4							4.738%			$0.00		$0.00

			M-5							4.768%			$0.00		$0.00

			M-6							4.818%			$0.00		$0.00

			M-7							5.308%			$0.00		$0.00

			M-8							5.388%			$0.00		$0.00

			M-9							6.038%			$0.00		$0.00

			M-10							6.538%			$0.00		$0.00

			M-11							6.538%			$0.00		$0.00

			CE							0.000%			$0.00		$0.00

			P							0.000%			$0.00		$0.00

			R							0.000%			$0.00		$0.00

			R-II							0.000%			$0.00		$0.00







Page 33 of 33

ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2005-R2 8-K