
                                       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 Pooling
          and Servicing Agreement, dated as June 1, 2005, providing for the
          issuance of Asset-Backed Pass-Through Certificates, Series 2005-R5)
                 (Exact name of registrant as specified in charter)


                                       DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-121781-05                          33-0885129
          (Commission File Number)        (I.R.S. Employer Identification No.)


          1100 TOWN & COUNTRY ROAD, SUITE 1100
          ORANGE, CALIFORNIA                              92868
          (Address of principal executive offices)     (Zip Code)


          Registrant's Telephone Number, Including Area Code:  (714) 541-9960


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

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

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

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

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

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


     Item 8.01  Other Events

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


     Item 9.01 Financial Statements and Exhibits

     (c) Exhibits:

     Exhibit No. Description

     99.1 Monthly Remittance Statement to the Certificateholders dated as of
     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-R5

Mortgage Pass-Through Certificates

2005-R5

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					15

										7. Foreclosure Report					16
										8. Prepayment Report					17
										9. Prepayment Detail Report					20

										10. Realized Loss Report					26
										11. Realized Loss Detail Report					29
				Servicer(s)
										12. Triggers and Adj. Cert. Report					30
				Ameriquest Mortgage Corp
										13. Additional Certificate Report					31



				Underwriter(s)
				BNP Paribas
				RBS Greenwich Capital
				Deutsche Bank Securities
				Banc of America Securities LLC

										Total Number of Pages					31



				Dates						Contacts

				Cut-Off Date:			June 01, 2005			Valerie Delgado
				Close Date:			June 24, 2005			Administrator
				First Distribution Date:			July 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 31
Ameriquest Mortgage Securities, Inc. 2005-R5

Mortgage Pass-Through Certificates

2005-R5

October 25, 2005 Distribution
Certificate Payment Report
Current Period Distribution - REMIC-III
					Prior												Current
	Class		Original		Principal						Total		Realized		Deferred		Principal

Class	Type	Cur	Face Value		Balance		Interest		Principal		Distribution		Loss		Interest		Balance


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

A-1A	FLT,STEP	$	861,978,000.00		814,182,499.49		2,662,829.10		29,394,204.14		32,057,033.24		0.00		0.00		784,788,295.35

A-1B	FLT,STEP	$	215,495,000.00		203,546,097.14		673,907.20		7,348,568.09		8,022,475.29		0.00		0.00		196,197,529.05
A-2A	FLT,STEP	$	66,082,000.00		53,169,934.64		167,470.52		5,338,568.07		5,506,038.59		0.00		0.00		47,831,366.57
A-2B	FLT,STEP	$	79,667,000.00		79,667,000.00		260,555.35		0.00		260,555.35		0.00		0.00		79,667,000.00
A-2C	FLT,STEP	$	19,528,000.00		19,528,000.00		65,912.42		0.00		65,912.42		0.00		0.00		19,528,000.00
M-1	FLT,STEP	$	48,000,000.00		48,000,000.00		164,720.00		0.00		164,720.00		0.00		0.00		48,000,000.00
M-2	MEZ,STEP,FL	$	43,500,000.00		43,500,000.00		150,328.75		0.00		150,328.75		0.00		0.00		43,500,000.00
M-3	MEZ,STEP,FL	$	29,250,000.00		29,250,000.00		101,790.00		0.00		101,790.00		0.00		0.00		29,250,000.00
M-4	MEZ,STEP,FL	$	24,000,000.00		24,000,000.00		86,226.67		0.00		86,226.67		0.00		0.00		24,000,000.00
M-5	MEZ,STEP,FL	$	23,250,000.00		23,250,000.00		83,906.67		0.00		83,906.67		0.00		0.00		23,250,000.00
M-6	MEZ,STEP,FL	$	18,750,000.00		18,750,000.00		68,421.88		0.00		68,421.88		0.00		0.00		18,750,000.00
M-7	MEZ,STEP,FL	$	15,000,000.00		15,000,000.00		61,020.83		0.00		61,020.83		0.00		0.00		15,000,000.00
M-8	MEZ,STEP,FL	$	14,250,000.00		14,250,000.00		59,462.08		0.00		59,462.08		0.00		0.00		14,250,000.00
M-9	MEZ,STEP,FL	$	8,250,000.00		8,250,000.00		37,083.75		0.00		37,083.75		0.00		0.00		8,250,000.00
M-10	MEZ,STEP,FL	$	8,250,000.00		8,250,000.00		45,391.04		0.00		45,391.04		0.00		0.00		8,250,000.00
M-11	MEZ,STEP,FL	$	11,250,000.00		11,250,000.00		61,896.88		0.00		61,896.88		0.00		0.00		11,250,000.00
CE	SUB	$	13,500,202.10		13,500,002.72		3,892,385.78		0.00		3,892,385.78		0.00		0.00		13,500,002.72
P	SUB	$	100.00		100.00		581,784.42		0.00		581,784.42		0.00		0.00		100.00
R	R	$	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total			1,500,000,302.10		1,427,343,633.99		9,225,093.34		42,081,340.30		51,306,433.64		0.00		0.00		1,385,262,293.69






Page 2 of 31
Ameriquest Mortgage Securities, Inc. 2005-R5

Mortgage Pass-Through Certificates

2005-R5

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		03072SD51		861,978,000.00		944.551368		3.089208		34.100875		37.190083	910.450493
A-1B	09/26/05		10/24/05		A-Act/360		03072SD69		215,495,000.00		944.551368		3.127252		34.100875		37.228127	910.450493
A-2A	09/26/05		10/24/05		A-Act/360		03072SD77		66,082,000.00		804.605409		2.534283		80.787023		83.321307	723.818386
A-2B	09/26/05		10/24/05		A-Act/360		03072SD85		79,667,000.00		1,000.000000		3.270556		0.000000		3.270556	1,000.000000
A-2C	09/26/05		10/24/05		A-Act/360		03072SD93		19,528,000.00		1,000.000000		3.375278		0.000000		3.375278	1,000.000000
M-1	09/26/05		10/24/05		A-Act/360		03072SE27		48,000,000.00		1,000.000000		3.431667		0.000000		3.431667	1,000.000000
M-2	09/26/05		10/24/05		A-Act/360		03072SE35		43,500,000.00		1,000.000000		3.455833		0.000000		3.455833	1,000.000000
M-3	09/26/05		10/24/05		A-Act/360		03072SE43		29,250,000.00		1,000.000000		3.480000		0.000000		3.480000	1,000.000000
M-4	09/26/05		10/24/05		A-Act/360		03072SE50		24,000,000.00		1,000.000000		3.592778		0.000000		3.592778	1,000.000000
M-5	09/26/05		10/24/05		A-Act/360		03072SE68		23,250,000.00		1,000.000000		3.608889		0.000000		3.608889	1,000.000000
M-6	09/26/05		10/24/05		A-Act/360		03072SE76		18,750,000.00		1,000.000000		3.649167		0.000000		3.649167	1,000.000000
M-7	09/26/05		10/24/05		A-Act/360		03072SE84		15,000,000.00		1,000.000000		4.068055		0.000000		4.068055	1,000.000000
M-8	09/26/05		10/24/05		A-Act/360		03072SE92		14,250,000.00		1,000.000000		4.172778		0.000000		4.172778	1,000.000000
M-9	09/26/05		10/24/05		A-Act/360		03072SF26		8,250,000.00		1,000.000000		4.495000		0.000000		4.495000	1,000.000000
M-10	09/26/05		10/24/05		A-Act/360		03072SF34		8,250,000.00		1,000.000000		5.501944		0.000000		5.501944	1,000.000000
M-11	09/26/05		10/24/05		A-Act/360		03072SF42		11,250,000.00		1,000.000000		5.501945		0.000000		5.501945	1,000.000000
CE	09/01/05		09/30/05		F-30/360				1,513,500,504.20		8.919721		2.571777		0.000000		2.571777	8.919721
P	09/01/05		09/30/05		F-30/360		03072SF59		100.00		1,000.000000		5,817,844.200000		0.000000		5,817,844.200000	1,000.000000
R	09/01/05		09/30/05		F-30/360		03072SF67		0.00		0.000000		0.000000		0.000000		0.000000	0.000000




Page 3 of 31
Ameriquest Mortgage Securities, Inc. 2005-R5

Mortgage Pass-Through Certificates

2005-R5

October 25, 2005 Distribution

Distribution to Date - REMIC-III
																	Current


	Original				Unscheduled		Scheduled		Total		Total		Realized		Deferred		Principal

Class	Face Value		Interest		Principal		Principal		Principal		Distribution		Loss		Interest		Balance
	(1)		(2)		(3)		(4)		(5)=(3)+(4)		(6)=(2)+(5)		(7)		(8)		(9)=(1)-(5)-(7)+(8)
A-1A	861,978,000.00		10,885,651.76		74,505,955.24		2,683,749.41		77,189,704.65		88,075,356.41		0.00		0.00		784,788,295.35
A-1B	215,495,000.00		2,757,417.17		18,626,532.04		670,938.91		19,297,470.95		22,054,888.12		0.00		0.00		196,197,529.05
A-2A	66,082,000.00		749,377.16		17,540,958.47		709,674.96		18,250,633.43		19,000,010.59		0.00		0.00		47,831,366.57
A-2B	79,667,000.00		1,030,005.79		0.00		0.00		0.00		1,030,005.79		0.00		0.00		79,667,000.00
A-2C	19,528,000.00		261,149.03		0.00		0.00		0.00		261,149.03		0.00		0.00		19,528,000.00
M-1	48,000,000.00		653,386.67		0.00		0.00		0.00		653,386.67		0.00		0.00		48,000,000.00
M-2	43,500,000.00		596,590.42		0.00		0.00		0.00		596,590.42		0.00		0.00		43,500,000.00
M-3	29,250,000.00		404,153.76		0.00		0.00		0.00		404,153.76		0.00		0.00		29,250,000.00
M-4	24,000,000.00		343,093.34		0.00		0.00		0.00		343,093.34		0.00		0.00		24,000,000.00
M-5	23,250,000.00		333,960.42		0.00		0.00		0.00		333,960.42		0.00		0.00		23,250,000.00
M-6	18,750,000.00		272,526.05		0.00		0.00		0.00		272,526.05		0.00		0.00		18,750,000.00
M-7	15,000,000.00		244,670.83		0.00		0.00		0.00		244,670.83		0.00		0.00		15,000,000.00
M-8	14,250,000.00		238,766.67		0.00		0.00		0.00		238,766.67		0.00		0.00		14,250,000.00
M-9	8,250,000.00		149,508.33		0.00		0.00		0.00		149,508.33		0.00		0.00		8,250,000.00
M-10	8,250,000.00		184,742.71		0.00		0.00		0.00		184,742.71		0.00		0.00		8,250,000.00
M-11	11,250,000.00		251,921.88		0.00		0.00		0.00		251,921.88		0.00		0.00		11,250,000.00
CE	13,500,202.10		15,866,758.56		183.35		16.03		199.38		15,866,957.94		0.00		0.00		13,500,002.72
P	100.00		1,340,137.08		0.00		0.00		0.00		1,340,137.08		0.00		0.00		100.00
R	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total	1,500,000,302.10		36,563,817.63		110,673,629.10		4,064,379.31		114,738,008.41		151,301,826.04		0.00		0.00		1,385,262,293.69



Page 4 of 31
Ameriquest Mortgage Securities, Inc. 2005-R5

Mortgage Pass-Through Certificates

2005-R5

October 25, 2005 Distribution

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


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

Class	Rate		Balance		Interest		Interest SF		Interest		Adjustment		Interest		Interest		Interest
					(1)		(2)		(3)		(4)		(5)=(1)-(2)+(3)+(4)		(6)		(7)=(5)-(6)
A-1A	4.06000%		814,182,499.49		2,662,829.10		0.00		0.00		0.00		2,662,829.10		2,662,829.10		0.00
A-1B	4.11000%		203,546,097.14		673,907.20		0.00		0.00		0.00		673,907.20		673,907.20		0.00
A-2A	3.91000%		53,169,934.64		167,470.52		0.00		0.00		0.00		167,470.52		167,470.52		0.00
A-2B	4.06000%		79,667,000.00		260,555.35		0.00		0.00		0.00		260,555.35		260,555.35		0.00
A-2C	4.19000%		19,528,000.00		65,912.42		0.00		0.00		0.00		65,912.42		65,912.42		0.00
M-1	4.26000%		48,000,000.00		164,720.00		0.00		0.00		0.00		164,720.00		164,720.00		0.00
M-2	4.29000%		43,500,000.00		150,328.75		0.00		0.00		0.00		150,328.75		150,328.75		0.00
M-3	4.32000%		29,250,000.00		101,790.00		0.00		0.00		0.00		101,790.00		101,790.00		0.00
M-4	4.46000%		24,000,000.00		86,226.67		0.00		0.00		0.00		86,226.67		86,226.67		0.00
M-5	4.48000%		23,250,000.00		83,906.67		0.00		0.00		0.00		83,906.67		83,906.67		0.00
M-6	4.53000%		18,750,000.00		68,421.88		0.00		0.00		0.00		68,421.88		68,421.88		0.00
M-7	5.05000%		15,000,000.00		61,020.83		0.00		0.00		0.00		61,020.83		61,020.83		0.00
M-8	5.18000%		14,250,000.00		59,462.08		0.00		0.00		0.00		59,462.08		59,462.08		0.00
M-9	5.58000%		8,250,000.00		37,083.75		0.00		0.00		0.00		37,083.75		37,083.75		0.00
M-10	6.83000%		8,250,000.00		45,391.04		0.00		0.00		0.00		45,391.04		45,391.04		0.00
M-11	6.83000%		11,250,000.00		61,896.88		0.00		0.00		0.00		61,896.88		61,896.88		0.00
CE	345.98978%		13,500,002.72		0.00		0.00		0.00		0.00		0.00		3,892,385.78		0.00
P	0.00000%		100.00		0.00		0.00		0.00		0.00		0.00		581,784.42		0.00
R	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total			1,427,343,633.99		4,750,923.14		0.00		0.00		0.00		4,750,923.14		9,225,093.34		0.00



Page 5 of 31
Ameriquest Mortgage Securities, Inc. 2005-R5

Mortgage Pass-Through Certificates

2005-R5

October 25, 2005 Distribution
Collection Account Report
SUMMARY

										Group 2		Group 1		Total
Principal Collections										5,338,568.07		36,742,772.23		42,081,340.30
Principal Withdrawals										0.00		0.00		0.00
Principal Other Accounts										0.00		0.00		0.00
TOTAL NET PRINCIPAL										5,338,568.07		36,742,772.23		42,081,340.30
Interest Collections										1,090,122.65		7,971,134.57		9,061,257.23
Interest Withdrawals										-0.00		-0.00		-0.00
Interest Fees										-41,352.51		-12,021.53		-131,114.45
Interest Other Accounts										0.00		0.00		581,784.42
TOTAL NET INTEREST										1,048,770.15		7,959,113.04		9,511,927.20
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION										6,387,338.22		44,701,885.27		51,306,433.64



PRINCIPAL - COLLECTIONS

											Group 2		Group 1		Total
Scheduled Principal Received											119,002.82		874,248.06		993,250.88
Curtailments											8,157.30		151,442.71		#######
Prepayments In Full											5,211,407.95		35,717,081.46		40,928,489.41
Repurchased/Substitutions											0.00		0.00		0.00
Liquidations											0.00		0.00		0.00
Insurance Principal											0.00		0.00		0.00
Other Additional Principal											0.00		0.00		0.00
Delinquent Principal											-89,262.06		-679,587.79		-768,849.85
Realized Losses											-0.00		-0.00		-0.00
Advanced Principal											89,262.06		679,587.79		768,849.85
TOTAL PRINCIPAL COLLECTED											5,338,568.07		36,742,772.23		42,081,340.30


PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK



PRINCIPAL - OTHER ACCOUNTS

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





Page 6 of 31
Ameriquest Mortgage Securities, Inc. 2005-R5

Mortgage Pass-Through Certificates

2005-R5

October 25, 2005 Distribution

INTEREST - COLLECTIONS

										Group 2		Group 1		Total
Scheduled Interest										1,149,263.96		8,377,519.71		9,526,783.67
Repurchased/Substitution Interest										0.00		0.00		0.00
Liquidation Interest										0.00		0.00		0.00
Insurance Interest										0.00		0.00		0.00
Other Additional Interest										0.00		0.00		0.00
Prepayment Interest Shortfalls										-7,069.78		-49,689.79		-56,759.57
Delinquent Interest										-879,540.12		-6,647,549.96		-7,527,090.08
Compensating Interest										7,069.78		49,689.79		56,759.57
Civil Relief Act Shortfalls										-0.00		-249.14		-249.14
Interest Advanced										820,398.82		6,241,413.95		7,061,812.77
TOTAL INTEREST COLLECTED										1,090,122.65		7,971,134.57		9,061,257.23


INTEREST - WITHDRAWALS

										Group 2		Group 1		Total
Non-Recoverable Advances										0.00		0.00		0.00
TOTAL INTEREST WITHDRAWALS										0.00		0.00		0.00



INTEREST - OTHER ACCOUNTS

										Group 2		Group 1		Total
Prepayment Charges														581,784.42
Net WAC Investment Income
TOTAL INTEREST OTHER ACCOUNTS										0.00		0.00		581,784.42



INTEREST - FEES

										Group 2		Group 1		Total
Current Servicing Fees										77,740.41		51,708.80		129,449.22
Trustee Fees										217.67		1,447.56		1,665.23
SWAP (INFLOW) / OUTFLOW														286,833.86
TOTAL INTEREST FEES										41,352.51		12,021.53		131,114.45




Page 7 of 31
Ameriquest Mortgage Securities, Inc. 2005-R5

Mortgage Pass-Through Certificates

2005-R5

October 25, 2005 Distribution
Credit Enhancement Report
ACCOUNTS

										Group 2		Group 1		Total
Net WAC Reserve Account Balance



INSURANCE

SPACE INTENTIONALLY LEFT BLANK



STRUCTURAL FEATURES

										Group 2		Group 1		Total
Overcollateralized Amount														13,500,002.72
Overcollateralization Reduction Amount														0.00
Overcollateralization Deficiency Amount														0.00
Overcollateralization Target Amount														13,500,002.72





Page 8 of 31
Ameriquest Mortgage Securities, Inc. 2005-R5

Mortgage Pass-Through Certificates

2005-R5

October 25, 2005 Distribution
Collateral Report


COLLATERAL



											Group 2		Group 1		Total



Loan Count:


Original										468		8,900		9,368
Prior										440		8,564		9,004
Prefunding										0		0		0
Scheduled Paid Offs										-0		-0		-0
Full Voluntary Prepayments										-13		-203		-216
Repurchases										-0		-0		-0
Liquidations										-0		-0		-0
Current										427		8,361		8,788
Principal Balance:


Original										199,489,111.90		1,300,511,190.20		1,500,000,302.10
Prior										186,576,991.18		1,240,766,642.81		1,427,343,633.99
Prefunding										0.00		0.00		0.00
Scheduled Principal										-119,002.82		-874,248.06		-993,250.88
Partial Prepayments										-8,157.30		-151,442.71		-159,600.01
Full Voluntary Prepayments										-5,211,407.95		-35,717,081.46		-40,928,489.41
Repurchases										-0.00		-0.00		-0.00
Liquidations										-0.00		-0.00		-0.00
Current										181,238,423.11		1,204,023,870.58		1,385,262,293.69





PREFUNDING

SPACE INTENTIONALLY LEFT BLANK






Page 9 of 31
Ameriquest Mortgage Securities, Inc. 2005-R5

Mortgage Pass-Through Certificates

2005-R5

October 25, 2005 Distribution

CHARACTERISTICS

										Group 2		Group 1		Total
Weighted Average Coupon Original										7.46360%		8.12134%		8.03387%
Weighted Average Coupon Prior										7.41973%		8.11377%		8.02210%
Weighted Average Coupon Current										7.39168%		8.10227%		8.00938%
Weighted Average Months to Maturity Original										356		351		352
Weighted Average Months to Maturity Prior										354		349		350
Weighted Average Months to Maturity Current										352		348		348
Weighted Avg Remaining Amortization Term Original										356		351		352
Weighted Avg Remaining Amortization Term Prior										354		349		350
Weighted Avg Remaining Amortization Term Current										352		348		348
Weighted Average Seasoning Original										1.78		1.86		1.85
Weighted Average Seasoning Prior										3.78		3.85		3.84
Weighted Average Seasoning Current										4.78		4.85		4.84









Page 10 of 31
Ameriquest Mortgage Securities, Inc. 2005-R5

Mortgage Pass-Through Certificates

2005-R5

October 25, 2005 Distribution

ARM CHARACTERISTICS

										Group 2		Group 1		Total
Weighted Average Margin Original										5.77391%		5.92637%		5.90785%
Weighted Average Margin Prior										5.76853%		5.92591%		5.90706%
Weighted Average Margin Current										5.77518%		5.92570%		5.90804%
Weighted Average Max Rate Original										13.74253%		14.30095%		14.23313%
Weighted Average Max Rate Prior										13.69269%		14.29502%		14.22288%
Weighted Average Max Rate Current										13.66718%		14.28516%		14.21262%
Weighted Average Min Rate Original										7.74253%		8.30095%		8.23313%
Weighted Average Min Rate Prior										7.69269%		8.29502%		8.22288%
Weighted Average Min Rate Current										7.66718%		8.28516%		8.21262%
Weighted Average Cap Up Original										1.00000%		1.00000%		1.00000%
Weighted Average Cap Up Prior										1.00000%		1.00000%		1.00000%
Weighted Average Cap Up Current										1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Original										1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Prior										1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Current										1.00000%		1.00000%		1.00000%




SERVICING FEES & ADVANCES

											Group 2		Group 1		Total




Current Servicing Fees										77,740.41		51,708.80		129,449.22
Delinquent Servicing Fees										59,141.30		406,136.00		465,277.30
TOTAL SERVICING FEES										77,740.42		516,986.12		594,726.54


Total Servicing Fees										77,740.42		516,986.12		594,726.54
Compensating Interest										-7,069.78		-49,689.79		-56,759.57
Delinquent Servicing Fees										-59,141.30		-406,136.00		-465,277.30
COLLECTED SERVICING FEES										11,529.33		61,160.33		72,689.66


Total Advanced Interest										820,398.82		6,241,413.95		7,061,812.77
Total Advanced Principal										89,262.06		679,587.79		768,849.85
Aggregate Advances with respect to this Distribution										909,660.89		6,921,001.75		7,830,662.63





ADDITIONAL COLLATERAL INFORMATION
										Group 2		Group 1		Total
Prepayment Interest Shortfall (PPIS)										7,069.78		49,689.79		56,759.57
Compensating Interest										-7,069.78		-49,689.79		-56,759.57
Net Prepayment Interest Shortfall (PPIS)										0.00		0.00		0.00


Ending Pool Stated Principal Balance										181,238,423.11		1,204,023,870.58		1,385,262,293.69
Weighted Average Net Mortgage Rate										6.745334%		7.697849%		7.997101%




Page 11 of 31
Ameriquest Mortgage Securities, Inc. 2005-R5

Mortgage Pass-Through Certificates

2005-R5

October 25, 2005 Distribution
Delinquency Report

	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				15,761,555.32		5,755,469.05		1,498,620.90		23,015,645.27
			% Balance				1.14%		0.42%		0.11%		1.66%
			# Loans				112		43		5		160
			% # Loans				1.27%		0.49%		0.06%		1.82%
	FORECLOSURE		Balance		0.00		0.00		607,004.22		2,348,974.01		2,955,978.23
			% Balance		0.00%		0.00%		0.04%		0.17%		0.21%
			# Loans		0		0		3		21		24
			% # Loans		0.00%		0.00%		0.03%		0.24%		0.27%
	BANKRUPTCY		Balance		2,138,118.65		176,755.01		116,655.07		269,597.15		2,701,125.88
			% Balance		0.15%		0.01%		0.01%		0.02%		0.19%
			# Loans		18		2		1		1		22
			% # Loans		0.20%		0.02%		0.01%		0.01%		0.25%
	REO		Balance		0.00		0.00		0.00		370,357.62		370,357.62
			% Balance		0.00%		0.00%		0.00%		0.03%		0.03%
			# Loans		0		0		0		5		5
			% # Loans		0.00%		0.00%		0.00%		0.06%		0.06%
	TOTAL		Balance		2,138,118.65		15,938,310.33		6,479,128.34		4,487,549.68		29,043,107.00
			% Balance		0.15%		1.15%		0.47%		0.32%		2.10%
			# Loans		18		114		47		32		211
			% # Loans		0.20%		1.30%		0.53%		0.36%		2.40%









Page 12 of 31
Ameriquest Mortgage Securities, Inc. 2005-R5

Mortgage Pass-Through Certificates

2005-R5

October 25, 2005 Distribution


	GROUP 1
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				13,861,055.38		5,755,469.05		972,585.22		20,589,109.65
			% Balance				1.15%		0.48%		0.08%		1.71%
			# Loans				108		43		4		155
			% # Loans				1.29%		0.51%		0.05%		1.85%
	FORECLOSURE		Balance		0.00		0.00		607,004.22		2,348,974.01		2,955,978.23
			% Balance		0.00%		0.00%		0.05%		0.20%		0.25%
			# Loans		0		0		3		21		24
			% # Loans		0.00%		0.00%		0.04%		0.25%		0.29%
	BANKRUPTCY		Balance		2,138,118.65		176,755.01		116,655.07		269,597.15		2,701,125.88
			% Balance		0.18%		0.01%		0.01%		0.02%		0.22%
			# Loans		18		2		1		1		22
			% # Loans		0.22%		0.02%		0.01%		0.01%		0.26%
	REO		Balance		0.00		0.00		0.00		370,357.62		370,357.62
			% Balance		0.00%		0.00%		0.00%		0.03%		0.03%
			# Loans		0		0		0		5		5
			% # Loans		0.00%		0.00%		0.00%		0.06%		0.06%
	TOTAL		Balance		2,138,118.65		14,037,810.39		6,479,128.34		3,961,514.00		26,616,571.38
			% Balance		0.18%		1.17%		0.54%		0.33%		2.21%
			# Loans		18		110		47		31		206
			% # Loans		0.22%		1.32%		0.56%		0.37%		2.46%










Page 13 of 31
Ameriquest Mortgage Securities, Inc. 2005-R5

Mortgage Pass-Through Certificates

2005-R5

October 25, 2005 Distribution

	GROUP 2
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				1,900,499.94		0.00		526,035.68		2,426,535.62
			% Balance				1.05%		0.00%		0.29%		1.34%
			# Loans				4		0		1		5
			% # Loans				0.94%		0.00%		0.23%		1.17%
	FORECLOSURE		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	BANKRUPTCY		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	REO		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		0.00		1,900,499.94		0.00		526,035.68		2,426,535.62
			% Balance		0.00%		1.05%		0.00%		0.29%		1.34%
			# Loans		0		4		0		1		5
			% # Loans		0.00%		0.94%		0.00%		0.23%		1.17%









Page 14 of 31
Ameriquest Mortgage Securities, Inc. 2005-R5

Mortgage Pass-Through Certificates

2005-R5

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
114414964 1
			99,000.00		98,760.26		01-May-2005		9.650%		TN - 90.00%		360		01-Jun-2005

115507709 1			71,000.00		70,796.95		01-May-2005		8.850%		TN - 83.53%		360		01-Jun-2005
116092461 1			63,750.00		63,597.21		01-May-2005		9.700%		MI - 75.00%		360		01-Jun-2005
117122705 1			67,500.00		67,343.26		01-May-2005		9.850%		AL - 90.00%		360		01-Jun-2005
117135202 1			70,000.00		69,859.94		01-May-2005		10.550%		MI - 70.00%		360		01-Jun-2005


TOTAL			371,250.00		370,357.62


Page 15 of 31
Ameriquest Mortgage Securities, Inc. 2005-R5

Mortgage Pass-Through Certificates

2005-R5

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
109037408 1
			123,177.00		122,510.67		01-May-2005		7.500%		OR - 72.46%		360		01-Apr-2005

111156105 1			61,000.00		60,881.47		01-May-2005		11.550%		NY - 64.21%		360		01-May-2005
111161824 1			140,800.00		140,195.30		01-May-2005		7.950%		GA - 84.72%		360		01-May-2005
111885406 1			108,000.00		107,759.60		01-May-2005		10.050%		OR - 80.00%		360		01-Jun-2005
112325709 1			73,800.00		73,628.63		01-May-2005		9.850%		AL - 90.00%		360		01-Jun-2005
113760904 1			185,000.00		184,547.31		01-May-2005		9.600%		NJ - 61.67%		360		01-Jun-2005
114335649 1			127,613.00		127,024.25		01-May-2005		7.400%		TN - 71.24%		360		01-May-2005
114448806 1			116,550.00		116,071.42		01-May-2005		7.050%		PA - 90.00%		360		01-Jun-2005
115012346 1			68,400.00		68,293.34		01-May-2005		11.700%		OK - 90.00%		360		01-Jun-2005
115127565 1			92,000.00		91,708.56		01-May-2005		8.350%		MI - 80.00%		360		01-Jun-2005
115257388 1			213,000.00		212,582.89		01-May-2005		10.650%		NY - 66.56%		360		01-Jun-2005
115302762 1			132,000.00		131,425.32		#######		6.750%		OK - 82.50%		360		01-Jun-2005
115619207 1			61,017.00		60,823.71		01-May-2005		8.350%		OK - 39.87%		360		01-Jun-2005
115733669 1			60,000.00		59,869.25		01-May-2005		10.150%		IL - 70.59%		360		01-Jun-2005
116171364 1			118,400.00		118,097.89		01-May-2005		9.400%		NJ - 80.00%		360		01-Jun-2005
116456864 1			180,300.00		179,661.86		01-May-2005		7.800%		NY - 72.12%		360		01-Jun-2005
116546383 1			85,500.00		85,307.25		01-May-2005		9.990%		LA - 74.35%		360		01-Jun-2005
116824285 1			81,000.00		80,815.85		01-May-2005		9.950%		MI - 90.00%		360		01-Jun-2005
117335364 1			156,750.00		156,374.38		01-May-2005		9.700%		MN - 82.50%		360		01-Jun-2005
117858704 1			84,000.00		83,828.29		01-May-2005		10.450%		NJ - 62.22%		360		01-Jun-2005
117996306 1			183,000.00		182,412.27		01-Jun-2005		7.150%		RI - 87.14%		360		01-Jul-2005
118014281 1			87,750.00		87,566.77		01-May-2005		10.350%		LA - 75.00%		360		01-Jun-2005
119048726 1			133,000.00		132,638.72		01-Jun-2005		7.990%		FL - 79.50%		360		01-Jul-2005
119451227 1			292,500.00		291,953.23		01-Jun-2005		9.800%		CA - 75.00%		360		01-Jul-2005


TOTAL			2,964,557.00		2,955,978.23


Page 16 of 31
Ameriquest Mortgage Securities, Inc. 2005-R5

Mortgage Pass-Through Certificates

2005-R5

October 25, 2005 Distribution
Prepayment Report

VOLUNTARY PREPAYMENTS


											Group 2		Group 1		Total




Current


Number of Paid in Full Loans										13		203		216
Number of Repurchased Loans										0		0		0
Total Number of Loans Prepaid in Full										13		203		216
Curtailments Amount										8,157.30		151,442.71		159,600.01
Paid in Full Balance										5,211,407.95		35,717,081.46		40,928,489.41
Repurchased Loans Balance										0.00		0.00		0.00
Total Prepayment Amount										5,219,565.25		35,868,524.17		41,088,089.42

Cumulative


Number of Paid in Full Loans										41		528		569
Number of Repurchased Loans										0		11		11
Total Number of Loans Prepaid in Full										41		539		580
Paid in Full Balance										17,720,965.51		90,437,403.58		108,158,369.09
Repurchased Loans Balance										0.00		1,942,990.41		1,942,990.41
Curtailments Amount										39,083.02		533,186.59		572,269.61
Total Prepayment Amount										17,760,048.53		92,913,580.58		110,673,629.11










Page 17 of 31
Ameriquest Mortgage Securities, Inc. 2005-R5

Mortgage Pass-Through Certificates

2005-R5

October 25, 2005 Distribution

VOLUNTARY PREPAYMENTS RATES


											Group 2		Group 1		Total



SMM										2.80%		2.89%		2.88%
3 Months Avg SMM										2.50%		2.24%		2.27%
12 Months Avg SMM										2.31%		1.84%		1.90%
Avg SMM Since Cut-off										2.31%		1.84%		1.90%


CPR										28.87%		29.69%		29.58%
3 Months Avg CPR										26.22%		23.76%		24.09%
12 Months Avg CPR										24.44%		19.98%		20.58%
Avg CPR Since Cut-off										24.44%		19.98%		20.58%


PSA										3,021.30%		3,061.70%		3,056.54%
3 Months Avg PSA Approximation										3,469.96%		3,085.31%		3,135.57%
12 Months Avg PSA Approximation										3,728.81%		2,979.78%		3,078.83%
Avg PSA Since Cut-off Approximation										3,728.80%		2,979.78%		3,078.83%










Page 18 of 31
Ameriquest Mortgage Securities, Inc. 2005-R5

Mortgage Pass-Through Certificates

2005-R5

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 19 of 31
Ameriquest Mortgage Securities, Inc. 2005-R5

Mortgage Pass-Through Certificates

2005-R5

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

102243201 1			123,500.00		122,670.75			27-Sep-2005		6.990%		MD - 74.39%		Paid Off - 360		01-Feb-2005


103827002 1			206,000.00		204,986.84			29-Sep-2005		8.550%		CT - 76.30%		Paid Off - 360		01-Feb-2005

104789805 1			250,200.00		248,463.24			26-Sep-2005		6.100%		CA - 86.79%		Paid Off - 360		01-Mar-2005

104826524 1			295,000.00		293,691.85			27-Sep-2005		7.600%		CO - 86.71%		Paid Off - 360		01-Apr-2005

107206229 1			178,900.00		178,025.36			29-Sep-2005		7.900%		FL - 84.63%		Paid Off - 360		01-Mar-2005

108306283 1			340,000.00		338,605.38			30-Sep-2005		7.990%		MA - 85.00%		Paid Off - 360		01-Apr-2005

108655325 1			64,260.00		64,036.35			04-Oct-2005		7.990%		OH - 90.00%		Paid Off - 360		01-May-2005

109692061 1			94,000.00		93,496.79			23-Sep-2005		6.650%		AZ - 43.45%		Paid Off - 360		01-Apr-2005

110955945 1			209,000.00		207,947.23			30-Sep-2005		5.990%		CA - 58.87%		Paid Off - 360		01-May-2005

111363503 1			159,300.00		158,047.26			21-Sep-2005		7.350%		CA - 90.00%		Paid Off - 360		01-May-2005

111510384 1			164,000.00		163,627.18			06-Oct-2005		9.950%		AZ - 89.62%		Paid Off - 360		01-May-2005

111628640 1			344,250.00		343,425.17			07-Oct-2005		9.700%		CA - 64.60%		Paid Off - 360		01-May-2005

112058946 1			80,500.00		80,379.84			29-Sep-2005		11.900%		NJ - 70.00%		Paid Off - 360		01-May-2005

112218409 1			72,000.00		71,837.72			26-Sep-2005		9.990%		MI - 84.71%		Paid Off - 360		01-May-2005

112424924 1			310,000.00		308,788.16			19-Sep-2005		7.300%		NC - 84.01%		Paid Off - 360		01-May-2005

112500624 2			176,000.00		175,467.33			28-Sep-2005		7.450%		NJ - 80.00%		Paid Off - 360		01-Jun-2005

112537469 1			75,000.00		74,741.65			14-Sep-2005		8.650%		MI - 62.50%		Paid Off - 360		01-May-2005

112840129 1			173,500.00		173,017.95			06-Oct-2005		8.990%		MD - 79.16%		Paid Off - 360		01-May-2005

113005268 1			360,000.00		358,257.65			21-Sep-2005		6.200%		NY - 54.55%		Paid Off - 360		01-May-2005

113368989 1			137,800.00		137,343.30			21-Sep-2005		6.990%		IL - 80.00%		Paid Off - 360		01-Jun-2005

113493365 1			353,000.00		351,686.72			23-Sep-2005		7.550%		CA - 67.89%		Paid Off - 360		01-May-2005

113503445 1			88,279.00		87,390.43			27-Sep-2005		6.700%		MI - 65.39%		Paid Off - 240		01-May-2005

113674089 1			83,699.00		83,699.00			29-Sep-2005		9.750%		AR - 90.00%		Paid Off - 360		01-Jul-2005

113984223 1			173,000.00		172,637.07			12-Sep-2005		9.250%		AZ - 88.72%		Paid Off - 360		01-Jun-2005

114063704 1			149,737.00		149,085.07			29-Sep-2005		6.750%		FL - 90.00%		Paid Off - 360		01-May-2005

114138522 1			309,518.00		308,345.32			13-Sep-2005		6.300%		CA - 61.90%		Paid Off - 360		01-Jun-2005

114405483 1			265,500.00		265,072.37			22-Sep-2005		10.500%		CA - 90.00%		Paid Off - 360		01-Jun-2005

114552482 1			314,500.00		313,689.48			05-Oct-2005		8.250%		CA - 85.00%		Paid Off - 360		01-Jun-2005

114618242 1			184,650.00		184,183.71			29-Sep-2005		8.350%		MD - 89.42%		Paid Off - 360		01-Jun-2005

114620123 1			118,940.00		117,677.46			30-Sep-2005		6.250%		CA - 49.98%		Paid Off - 240		01-May-2005

114727829 1			230,000.00		229,317.60			30-Sep-2005		7.550%		CA - 66.67%		Paid Off - 360		01-Jun-2005

114754484 1			154,800.00		154,270.74			29-Sep-2005		6.850%		AZ - 90.00%		Paid Off - 360		01-Jun-2005

114775729 1			174,250.00		172,877.21			22-Sep-2005		7.990%		IL - 88.90%		Paid Off - 360		01-Jun-2005

114782048 1			186,500.00		185,880.89			05-Oct-2005		6.990%		MD - 61.55%		Paid Off - 360		01-Jun-2005

114816044 1			195,000.00		194,507.54			06-Oct-2005		8.350%		NJ - 75.00%		Paid Off - 360		01-Jun-2005

114817000 1			60,000.00		59,839.23			28-Sep-2005		9.300%		NC - 72.29%		Paid Off - 360		01-May-2005

114820525 1			67,310.00		66,589.77			30-Sep-2005		8.990%		OR - 49.86%		Paid Off - 180		01-Jun-2005



Page 20 of 31
Ameriquest Mortgage Securities, Inc. 2005-R5

Mortgage Pass-Through Certificates

2005-R5

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

114863848 1			136,850.00		136,536.16			29-Sep-2005		8.950%		FL - 85.00%		Paid Off - 360		01-Jun-2005


114904881 1			193,800.00		193,393.42			07-Oct-2005		9.250%		FL - 85.00%		Paid Off - 360		01-Jun-2005

114908684 2			478,000.00		476,650.95			06-Oct-2005		7.800%		CA - 59.75%		Paid Off - 360		01-Jun-2005

114908866 2			549,000.00		547,508.68			16-Sep-2005		7.990%		CA - 90.00%		Paid Off - 360		01-Jun-2005

114946544 1			103,783.00		103,452.96			26-Sep-2005		7.200%		FL - 77.54%		Paid Off - 360		01-Jun-2005

115039265 1			177,800.00		177,386.29			26-Sep-2005		8.750%		FL - 72.57%		Paid Off - 360		01-Jun-2005

115065286 1			249,000.00		248,390.16			26-Sep-2005		8.500%		NY - 52.44%		Paid Off - 360		01-Jun-2005

115117145 1			249,999.00		249,286.33			22-Sep-2005		7.750%		NY - 58.77%		Paid Off - 360		01-Jun-2005

115177289 1			201,000.00		200,360.79			30-Sep-2005		7.200%		FL - 86.27%		Paid Off - 360		01-Jun-2005

115232407 1			99,000.00		98,703.31			13-Sep-2005		7.500%		NJ - 86.09%		Paid Off - 360		01-Jun-2005

115254922 1			250,202.00		249,255.33			12-Sep-2005		8.300%		CA - 64.99%		Paid Off - 360		01-Jun-2005

115261604 1			198,000.00		197,435.56			03-Oct-2005		7.750%		CA - 90.00%		Paid Off - 360		01-Jun-2005

115278723 1			179,000.00		178,538.69			29-Sep-2005		8.250%		FL - 86.89%		Paid Off - 360		01-Jun-2005

115304784 1			278,000.00		277,199.54			26-Sep-2005		7.700%		CA - 89.68%		Paid Off - 360		01-Jun-2005

115309627 1			254,150.00		253,576.69			20-Sep-2005		8.900%		NV - 65.00%		Paid Off - 360		01-Jun-2005

115332181 1			177,000.00		176,490.30			27-Sep-2005		7.700%		MD - 57.49%		Paid Off - 360		01-Jun-2005

115335184 1			173,000.00		172,020.84			28-Sep-2005		8.100%		DE - 57.67%		Paid Off - 360		01-Jun-2005

115360265 1			175,000.00		174,420.03			03-Oct-2005		6.990%		AZ - 85.78%		Paid Off - 360		01-Jun-2005

115367005 1			262,000.00		261,478.36			30-Sep-2005		9.500%		MD - 84.52%		Paid Off - 360		01-Jun-2005

115438228 1			221,000.00		220,201.05			04-Oct-2005		7.550%		MD - 86.68%		Paid Off - 360		01-Jun-2005

115444705 1			98,000.00		97,731.63			16-Sep-2005		7.950%		MD - 78.18%		Paid Off - 360		01-Jun-2005

115445488 1			260,000.00		259,460.20			07-Oct-2005		9.300%		RI - 79.27%		Paid Off - 360		01-Jun-2005

115463366 1			293,515.00		292,495.56			30-Sep-2005		6.750%		MD - 89.19%		Paid Off - 360		01-Jun-2005

115484388 1			130,000.00		129,764.56			14-Sep-2005		9.950%		IL - 57.27%		Paid Off - 360		01-Jun-2005

115501207 1			114,750.00		114,537.75			30-Sep-2005		9.850%		IL - 85.00%		Paid Off - 360		01-Jun-2005

115514523 1			246,500.00		245,953.79			03-Oct-2005		8.990%		NJ - 72.50%		Paid Off - 360		01-Jun-2005

115526808 1			320,000.00		318,939.50			20-Sep-2005		6.990%		CA - 82.47%		Paid Off - 360		01-Jun-2005

115532848 1			171,254.00		171,011.67			20-Sep-2005		11.100%		FL - 83.54%		Paid Off - 360		01-Jun-2005

115546285 1			224,000.00		223,386.57			28-Sep-2005		7.950%		FL - 73.78%		Paid Off - 360		01-Jun-2005

115556805 1			260,181.00		259,523.97			05-Oct-2005		8.350%		CA - 67.58%		Paid Off - 360		01-Jun-2005

115587883 2			380,367.00		378,855.38			03-Oct-2005		6.050%		CA - 76.21%		Paid Off - 360		01-Jun-2005

115624884 1			204,030.00		203,475.78			21-Sep-2005		7.990%		CA - 90.00%		Paid Off - 360		01-Jun-2005

115631061 1			101,000.00		100,731.66			06-Oct-2005		8.100%		RI - 40.89%		Paid Off - 360		01-Jun-2005

115639023 1			215,000.00		213,981.54			16-Sep-2005		5.700%		MA - 57.09%		Paid Off - 360		01-Jun-2005

115639809 1			60,000.00		59,883.01			30-Sep-2005		9.600%		MS - 75.00%		Paid Off - 360		01-Jun-2005

115649329 1			112,860.00		112,515.02			05-Oct-2005		7.400%		FL - 90.00%		Paid Off - 360		01-Jun-2005

115682429 1			194,400.00		193,943.02			14-Sep-2005		8.700%		WY - 80.00%		Paid Off - 360		01-Jun-2005

115710287 1			304,000.00		303,335.20			12-Sep-2005		9.050%		CA - 80.00%		Paid Off - 360		01-Jun-2005



Page 21 of 31
Ameriquest Mortgage Securities, Inc. 2005-R5

Mortgage Pass-Through Certificates

2005-R5

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

115724965 1			84,150.00		84,014.44			06-Oct-2005		10.500%		FL - 85.00%		Paid Off - 360		01-Jun-2005


115755662 1			60,000.00		59,907.41			30-Sep-2005		10.700%		TX - 66.67%		Paid Off - 360		01-Jun-2005

115777922 1			189,000.00		188,654.07			30-Sep-2005		9.900%		LA - 76.21%		Paid Off - 360		01-Jun-2005

115782385 1			216,525.00		215,801.75			#######		6.950%		MD - 76.48%		Paid Off - 360		01-Jun-2005

115794703 1			242,000.00		241,657.57			04-Oct-2005		11.100%		NY - 71.18%		Paid Off - 360		01-Jun-2005

115805442 1			67,500.00		67,378.77			04-Oct-2005		9.990%		WI - 75.00%		Paid Off - 360		01-Jun-2005

115851420 1			126,000.00		125,770.61			06-Oct-2005		9.950%		NY - 87.83%		Paid Off - 360		01-Jun-2005

115906281 1			218,700.00		218,074.79			21-Sep-2005		7.750%		IL - 90.00%		Paid Off - 360		01-Jun-2005

115911109 1			84,690.00		84,502.46			14-Sep-2005		8.990%		MD - 90.00%		Paid Off - 360		01-Jun-2005

115916488 2			457,000.00		455,575.16			13-Sep-2005		7.300%		CA - 67.70%		Paid Off - 360		01-Jun-2005

115926149 1			117,500.00		117,289.02			06-Oct-2005		9.990%		MI - 84.84%		Paid Off - 360		01-Jun-2005

115937468 1			114,000.00		113,654.97			28-Sep-2005		7.450%		FL - 86.36%		Paid Off - 360		01-Jun-2005

115939068 1			85,000.00		84,796.05			15-Sep-2005		8.600%		FL - 31.66%		Paid Off - 360		01-Jun-2005

116011388 2			486,000.00		485,254.06			29-Sep-2005		9.350%		MD - 90.00%		Paid Off - 360		01-Jul-2005

116031865 2			376,000.00		374,504.50			13-Sep-2005		6.800%		MD - 64.83%		Paid Off - 360		01-Jun-2005

116042466 1			332,000.00		331,022.10			23-Sep-2005		9.250%		MD - 85.13%		Paid Off - 360		01-Jun-2005

116048489 1			114,000.00		113,684.67			30-Sep-2005		7.900%		CA - 79.90%		Paid Off - 360		01-Jun-2005

116086265 1			118,615.00		118,402.00			26-Sep-2005		9.990%		IL - 58.15%		Paid Off - 360		01-Jun-2005

116106600 2			166,500.00		166,108.43			03-Oct-2005		8.700%		AZ - 90.00%		Paid Off - 360		01-Jun-2005

116115866 1			238,500.00		238,500.00			03-Oct-2005		7.600%		MD - 65.34%		Paid Off - 360		01-Jul-2005

116127408 1			205,200.00		204,741.87			19-Sep-2005		8.950%		NC - 90.00%		Paid Off - 360		01-Jun-2005

116148123 1			255,000.00		254,122.94			06-Oct-2005		6.800%		CA - 85.00%		Paid Off - 360		01-Jun-2005

116164765 1			88,200.00		87,923.63			26-Sep-2005		11.150%		WI - 90.00%		Paid Off - 360		01-Jun-2005

116177940 1			312,000.00		311,288.86			29-Sep-2005		8.850%		MD - 60.00%		Paid Off - 360		01-Jun-2005

116217944 1			125,000.00		124,696.96			06-Oct-2005		8.550%		MD - 62.50%		Paid Off - 360		01-Jun-2005

116234147 1			347,325.00		346,555.94			15-Sep-2005		8.990%		RI - 83.69%		Paid Off - 360		01-Jun-2005

116234808 1			148,500.00		147,511.48			20-Sep-2005		6.990%		WI - 90.00%		Paid Off - 360		01-Jun-2005

116337866 1			330,169.00		329,576.16			15-Sep-2005		9.990%		CA - 83.59%		Paid Off - 360		01-Jun-2005

116402868 1			295,943.00		294,852.37			12-Sep-2005		7.250%		WI - 81.08%		Paid Off - 360		01-Jun-2005

116425463 1			138,000.00		137,652.97			20-Sep-2005		8.500%		CA - 43.13%		Paid Off - 360		01-Jun-2005

116482522 1			143,000.00		142,503.34			04-Oct-2005		6.750%		MA - 36.11%		Paid Off - 360		01-Jun-2005

116501701 1			135,000.00		134,692.28			29-Sep-2005		8.850%		MO - 75.00%		Paid Off - 360		01-Jun-2005

116513722 1			139,000.00		138,750.40			28-Sep-2005		9.990%		IL - 31.24%		Paid Off - 360		01-Jun-2005

116572025 1			86,000.00		85,845.56			12-Sep-2005		9.990%		WI - 70.49%		Paid Off - 360		01-Jun-2005

116687120 1			108,750.00		108,521.87			19-Sep-2005		9.250%		AZ - 84.96%		Paid Off - 360		01-Jun-2005

116721820 1			132,750.00		132,540.70			05-Oct-2005		10.600%		MI - 75.00%		Paid Off - 360		01-Jun-2005

116758327 2			448,000.00		446,710.04			21-Sep-2005		7.700%		ID - 80.00%		Paid Off - 360		01-Jun-2005

116812603 1			159,450.00		159,206.63			03-Oct-2005		10.750%		CT - 75.00%		Paid Off - 360		01-Jun-2005



Page 22 of 31
Ameriquest Mortgage Securities, Inc. 2005-R5

Mortgage Pass-Through Certificates

2005-R5

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

116884487 1			88,445.00		88,226.15			05-Oct-2005		8.450%		FL - 66.50%		Paid Off - 360		01-Jun-2005


116890906 1			109,250.00		108,993.15			04-Oct-2005		8.700%		GA - 70.48%		Paid Off - 360		01-Jun-2005

116903188 1			60,000.00		59,900.20			06-Oct-2005		10.350%		IL - 32.43%		Paid Off - 360		01-Jun-2005

116952722 1			256,499.00		256,499.00			06-Oct-2005		6.850%		NV - 90.00%		Paid Off - 360		01-Jul-2005

116992421 1			113,700.00		112,978.86			20-Sep-2005		9.050%		MD - 77.33%		Paid Off - 360		01-Jul-2005

117016063 1			212,650.00		211,896.95			07-Oct-2005		6.650%		MA - 85.03%		Paid Off - 360		01-Jun-2005

117068742 1			126,000.00		125,706.81			30-Sep-2005		8.750%		GA - 90.00%		Paid Off - 360		01-Jun-2005

117088609 1			138,750.00		138,496.07			27-Sep-2005		9.900%		NJ - 75.00%		Paid Off - 360		01-Jun-2005

117105007 1			81,250.00		81,119.12			29-Sep-2005		10.500%		IL - 65.00%		Paid Off - 360		01-Jun-2005

117107904 1			148,000.00		147,827.18			26-Sep-2005		12.550%		NJ - 84.57%		Paid Off - 360		01-Jun-2005

117120048 1			147,500.00		147,099.31			06-Oct-2005		7.990%		MI - 81.94%		Paid Off - 360		01-Jun-2005

117132480 1			266,000.00		265,241.72			20-Sep-2005		7.750%		NY - 60.46%		Paid Off - 360		01-Jun-2005

117155184 1			187,000.00		186,380.24			30-Sep-2005		6.990%		PA - 83.11%		Paid Off - 360		01-Jun-2005

117184788 1			144,000.00		143,647.31			22-Sep-2005		8.500%		FL - 82.29%		Paid Off - 360		01-Jun-2005

117190520 1			125,000.00		124,633.62			04-Oct-2005		8.500%		FL - 71.84%		Paid Off - 360		01-Jun-2005

117223487 1			175,000.00		174,647.89			27-Sep-2005		9.450%		NJ - 76.09%		Paid Off - 360		01-Jun-2005

117270306 1			130,000.00		129,646.87			15-Sep-2005		7.990%		FL - 74.29%		Paid Off - 360		01-Jun-2005

117271569 1			179,000.00		178,547.95			14-Sep-2005		8.350%		ME - 84.83%		Paid Off - 360		01-Jun-2005

117358960 1			240,000.00		239,447.32			23-Sep-2005		8.800%		NY - 56.47%		Paid Off - 360		01-Jun-2005

117387720 1			120,000.00		119,858.75			30-Sep-2005		10.600%		NJ - 60.00%		Paid Off - 360		01-Jul-2005

117415380 1			175,000.00		174,374.23			29-Sep-2005		6.600%		MA - 85.37%		Paid Off - 360		01-Jun-2005

117437400 1			95,760.00		95,588.03			12-Sep-2005		9.990%		TN - 84.00%		Paid Off - 360		01-Jun-2005

117486183 1			292,500.00		291,783.61			15-Sep-2005		8.500%		NV - 68.02%		Paid Off - 360		01-Jun-2005

117492629 1			235,000.00		234,522.84			23-Sep-2005		7.990%		NJ - 78.05%		Paid Off - 360		01-Jul-2005

117497727 1			305,000.00		304,304.82			30-Sep-2005		8.850%		NY - 65.59%		Paid Off - 360		01-Jun-2005

117518407 1			94,500.00		94,396.10			22-Sep-2005		12.250%		WI - 75.00%		Paid Off - 360		01-Jun-2005

117520684 1			75,000.00		74,775.22			12-Sep-2005		7.500%		WA - 32.60%		Paid Off - 360		01-Jun-2005

117571422 1			172,000.00		171,547.65			20-Sep-2005		8.150%		ME - 74.25%		Paid Off - 360		01-Jun-2005

117575704 1			358,000.00		357,535.71			19-Sep-2005		11.500%		FL - 77.83%		Paid Off - 360		01-Jun-2005

117587469 1			60,000.00		59,930.12			04-Oct-2005		11.990%		NC - 50.85%		Paid Off - 360		01-Jun-2005

117624148 1			118,000.00		117,698.96			03-Oct-2005		8.300%		CA - 32.99%		Paid Off - 360		01-Jun-2005

117625582 1			131,000.00		130,783.25			30-Sep-2005		8.990%		FL - 87.33%		Paid Off - 360		01-Jul-2005

117646562 1			314,458.00		313,525.03			03-Oct-2005		7.550%		NY - 73.99%		Paid Off - 360		01-Jun-2005

117717306 1			90,000.00		89,838.59			28-Sep-2005		8.600%		GA - 81.82%		Paid Off - 360		01-Jul-2005

117772343 1			159,000.00		158,647.93			04-Oct-2005		8.990%		MD - 60.00%		Paid Off - 360		01-Jun-2005

117772400 1			93,000.00		92,846.94			15-Sep-2005		10.400%		WI - 73.81%		Paid Off - 360		01-Jun-2005

117776062 1			261,000.00		260,327.37			12-Sep-2005		8.250%		FL - 88.48%		Paid Off - 360		01-Jun-2005

117800904 1			128,000.00		127,463.03			27-Sep-2005		7.500%		CA - 78.82%		Paid Off - 360		01-Jun-2005



Page 23 of 31
Ameriquest Mortgage Securities, Inc. 2005-R5

Mortgage Pass-Through Certificates

2005-R5

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

117826941 1			228,306.00		227,642.01			26-Sep-2005		7.650%		MD - 79.58%		Paid Off - 360		01-Jun-2005


117872762 1			146,373.00		146,001.12			06-Oct-2005		8.450%		MD - 89.91%		Paid Off - 360		01-Jun-2005

117902148 1			185,022.00		184,510.22			03-Oct-2005		7.900%		MD - 86.50%		Paid Off - 360		01-Jun-2005

117919241 1			206,000.00		205,705.31			06-Oct-2005		11.050%		NJ - 84.08%		Paid Off - 360		01-Jun-2005

117928721 1			312,000.00		310,926.88			30-Sep-2005		6.800%		HI - 80.00%		Paid Off - 360		01-Jun-2005

117965608 1			206,730.00		206,412.12			27-Sep-2005		10.800%		NJ - 90.00%		Paid Off - 360		01-Jun-2005

117989921 1			249,999.00		249,460.85			05-Oct-2005		7.700%		CA - 82.43%		Paid Off - 360		01-Jul-2005

118005909 1			243,375.00		242,766.89			12-Sep-2005		6.990%		MN - 74.89%		Paid Off - 360		01-Jul-2005

118016120 1			86,250.00		86,166.50			05-Oct-2005		11.500%		NY - 75.00%		Paid Off - 360		01-Jul-2005

118033208 1			150,300.00		149,871.54			13-Sep-2005		7.750%		AZ - 90.00%		Paid Off - 360		01-Jun-2005

118039502 1			100,000.00		99,778.56			04-Oct-2005		8.990%		RI - 50.51%		Paid Off - 360		01-Jun-2005

118055581 1			179,100.00		178,761.95			16-Sep-2005		8.350%		FL - 90.00%		Paid Off - 360		01-Jul-2005

118077643 1			75,650.00		75,581.44			20-Sep-2005		11.800%		SC - 85.00%		Paid Off - 360		01-Jul-2005

118097781 1			196,000.00		195,822.38			29-Sep-2005		11.800%		MI - 80.00%		Paid Off - 360		01-Jul-2005

118164722 2			388,000.00		386,800.64			07-Oct-2005		7.500%		CA - 89.79%		Paid Off - 360		01-Jun-2005

118195841 1			187,000.00		186,607.69			22-Sep-2005		9.250%		MD - 71.92%		Paid Off - 360		01-Jun-2005

118209766 1			246,000.00		245,480.97			30-Sep-2005		7.800%		NJ - 84.83%		Paid Off - 360		01-Jul-2005

118210806 1			125,000.00		124,787.61			22-Sep-2005		10.250%		NY - 28.74%		Paid Off - 360		01-Jun-2005

118231463 1			139,000.00		138,803.86			22-Sep-2005		9.750%		IL - 69.50%		Paid Off - 360		01-Jul-2005

118247006 1			117,300.00		117,158.94			04-Oct-2005		10.500%		GA - 85.00%		Paid Off - 360		01-Jul-2005

118284207 2			499,500.00		498,837.92			27-Sep-2005		11.400%		FL - 90.00%		Paid Off - 360		01-Jun-2005

118338623 1			100,800.00		100,173.95			05-Oct-2005		8.800%		SC - 90.00%		Paid Off - 240		01-Jun-2005

118348028 1			136,425.00		136,281.54			16-Sep-2005		12.450%		NY - 85.00%		Paid Off - 360		01-Jun-2005

118377027 1			390,000.00		388,910.33			12-Sep-2005		7.850%		RI - 78.00%		Paid Off - 360		01-Jun-2005

118379486 1			190,500.00		190,167.87			27-Sep-2005		8.750%		NJ - 79.97%		Paid Off - 360		01-Jul-2005

118382506 1			60,000.00		59,937.99			29-Sep-2005		11.200%		NJ - 38.71%		Paid Off - 360		01-Jul-2005

118387042 1			204,000.00		203,553.87			20-Sep-2005		9.050%		NJ - 83.27%		Paid Off - 360		01-Jun-2005

118439488 1			118,500.00		118,357.48			27-Sep-2005		10.500%		AZ - 75.00%		Paid Off - 360		01-Jul-2005

118451129 1			168,000.00		168,000.00			19-Sep-2005		7.500%		FL - 56.00%		Paid Off - 360		01-Jul-2005

118483320 1			145,170.00		144,875.22			15-Sep-2005		7.990%		AZ - 90.00%		Paid Off - 360		01-Jul-2005

118611961 1			171,500.00		171,275.30			30-Sep-2005		10.100%		SC - 82.45%		Paid Off - 360		01-Jul-2005

118631829 1			86,411.00		84,934.55			06-Oct-2005		9.150%		IA - 69.00%		Paid Off - 180		01-Jun-2005

118654466 1			195,000.00		194,639.41			05-Oct-2005		8.450%		NJ - 73.03%		Paid Off - 360		01-Jul-2005

118728344 1			169,200.00		168,856.41			07-Oct-2005		7.990%		DE - 90.00%		Paid Off - 360		01-Jul-2005

118729763 1			#######		203,999.38			16-Sep-2005		7.700%		HI - 85.00%		Paid Off - 360		01-Jul-2005

118733484 1			65,000.00		64,912.81			05-Oct-2005		9.990%		FL - 59.09%		Paid Off - 360		01-Jul-2005

118750421 1			304,000.00		304,000.00			06-Oct-2005		6.850%		CA - 82.16%		Paid Off - 360		01-Jul-2005

118773928 1			76,000.00		75,547.36			05-Oct-2005		10.990%		NJ - 80.00%		Paid Off - 360		01-Jun-2005



Page 24 of 31
Ameriquest Mortgage Securities, Inc. 2005-R5

Mortgage Pass-Through Certificates

2005-R5

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

118812007 1			104,000.00		103,747.83			20-Sep-2005		9.100%		IL - 61.00%		Paid Off - 360		01-Jul-2005


118819044 1			125,625.00		125,432.16			21-Sep-2005		9.350%		NY - 79.59%		Paid Off - 360		01-Jul-2005

118897784 1			305,000.00		304,104.88			30-Sep-2005		6.150%		NY - 70.12%		Paid Off - 360		01-Jul-2005

118911569 2			414,750.00		414,750.00			22-Sep-2005		7.200%		CA - 76.75%		Paid Off - 360		01-Jul-2005

119000461 1			163,200.00		163,003.71			03-Oct-2005		10.500%		MD - 60.00%		Paid Off - 360		01-Jul-2005

119083004 1			120,000.00		119,813.85			16-Sep-2005		9.300%		FL - 75.00%		Paid Off - 360		01-Jul-2005

119096683 1			221,000.00		220,603.70			26-Sep-2005		8.600%		MD - 69.69%		Paid Off - 360		01-Jul-2005

119185668 1			110,000.00		110,000.00			06-Oct-2005		7.300%		MN - 84.62%		Paid Off - 360		01-Jul-2005

119196848 1			201,034.00		200,576.63			26-Sep-2005		7.450%		WI - 91.38%		Paid Off - 360		01-Jul-2005

119240265 1			140,000.00		139,759.07			21-Sep-2005		8.800%		NJ - 86.33%		Paid Off - 360		01-Jul-2005

119331080 1			262,500.00		261,962.64			15-Sep-2005		7.950%		CA - 75.00%		Paid Off - 360		01-Jul-2005

119380541 1			270,000.00		269,997.49			22-Sep-2005		7.150%		CA - 90.00%		Paid Off - 360		01-Jul-2005

119402063 1			162,000.00		161,658.18			14-Sep-2005		7.800%		FL - 90.00%		Paid Off - 360		01-Jul-2005

119444925 1			265,500.00		264,988.58			29-Sep-2005		8.250%		NJ - 90.00%		Paid Off - 360		01-Jul-2005

119454825 1			384,000.00		383,332.37			23-Sep-2005		8.750%		CA - 79.18%		Paid Off - 360		01-Jul-2005

119596427 1			161,000.00		160,649.15			26-Sep-2005		7.700%		FL - 59.15%		Paid Off - 360		01-Jul-2005

119605004 1			108,000.00		107,787.69			23-Sep-2005		8.150%		NJ - 60.00%		Paid Off - 360		01-Jul-2005

119611366 1			85,000.00		84,921.24			30-Sep-2005		11.700%		SC - 85.00%		Paid Off - 360		01-Jul-2005

119651727 1			126,455.00		126,218.75			28-Sep-2005		8.400%		CO - 85.00%		Paid Off - 360		01-Jul-2005

119821908 1			217,900.00		217,589.25			22-Sep-2005		9.700%		ME - 81.16%		Paid Off - 360		01-Jul-2005

119907921 2			405,000.00		404,384.86			30-Sep-2005		9.400%		AZ - 77.50%		Paid Off - 360		01-Jul-2005

119989200 1			115,000.00		114,744.91			06-Oct-2005		7.550%		MD - 82.20%		Paid Off - 360		01-Jul-2005

120048061 1			108,750.00		108,509.82			13-Sep-2005		7.950%		WI - 69.01%		Paid Off - 360		01-Jul-2005

120128764 1			159,424.00		159,324.00			12-Sep-2005		6.500%		MD - 86.18%		Paid Off - 360		01-Jul-2005

120178405 1			79,440.00		79,440.00			26-Sep-2005		6.990%		CA - 80.00%		Paid Off - 360		01-Jul-2005

120353560 1			149,000.00		148,676.03			20-Sep-2005		7.650%		MD - 81.87%		Paid Off - 360		01-Jul-2005

120414925 1			108,000.00		107,855.16			15-Sep-2005		9.990%		FL - 75.00%		Paid Off - 360		01-Jul-2005



TOTAL			41,036,552.00		40,928,489.41



Page 25 of 31
Ameriquest Mortgage Securities, Inc. 2005-R5

Mortgage Pass-Through Certificates

2005-R5

October 25, 2005 Distribution
Realized Loss Report

COLLATERAL REALIZED LOSSES



											Group 2		Group 1		Total


Current




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

Cumulative




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










Page 26 of 31
Ameriquest Mortgage Securities, Inc. 2005-R5

Mortgage Pass-Through Certificates

2005-R5

October 25, 2005 Distribution


DEFAULT SPEEDS



											Group 2		Group 1		Total



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


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


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


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












Page 27 of 31
Ameriquest Mortgage Securities, Inc. 2005-R5

Mortgage Pass-Through Certificates

2005-R5

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 28 of 31
Ameriquest Mortgage Securities, Inc. 2005-R5

Mortgage Pass-Through Certificates

2005-R5

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)





TOTAL



Page 29 of 31
Ameriquest Mortgage Securities, Inc. 2005-R5

Mortgage Pass-Through Certificates

2005-R5

October 25, 2005 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS

										Group 2		Group 1		Total
						Does a Trigger Event Exist? (0=No,1=Yes)								0
						Has a Stepdown Date Occurred? (0=No,1=Yes)								0
						Balances 60+ days includes REO, BKC and FCL								13,281,551.68
						Delinquency Percentage								0.9588%
						Balance of Mezzanine and C Class								257,250,002.72
						Ending Pool Balance								1,385,262,293.69
						Credit Enhancement Percentage (Current Period)								18.5705%
						Credit Enhancement Percentage (Prior Period)								18.0230%
						Does a Sequential Trigger Exist? (0=No,1=Yes)								0



ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK



ADDITIONAL INFORMATION

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




Page 30 of 31
Ameriquest Mortgage Securities, Inc. 2005-R5

Mortgage Pass-Through Certificates

2005-R5

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							4.268%			$0.00		$0.00

			A-1B							4.318%			$0.00		$0.00

			A-2A							4.118%			$0.00		$0.00

			A-2B							4.268%			$0.00		$0.00

			A-2C							4.398%			$0.00		$0.00

			M-1							4.468%			$0.00		$0.00

			M-2							4.498%			$0.00		$0.00

			M-3							4.528%			$0.00		$0.00

			M-4							4.668%			$0.00		$0.00

			M-5							4.688%			$0.00		$0.00

			M-6							4.738%			$0.00		$0.00

			M-7							5.258%			$0.00		$0.00

			M-8							5.388%			$0.00		$0.00

			M-9							5.788%			$0.00		$0.00

			M-10							7.038%			$0.00		$0.00

			M-11							7.038%			$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

			SWAP-IO							0.000%			$0.00		$0.00

			R-III							0.000%			$0.00		$0.00







Page 31 of 31

AMERIQUEST MORTGAGE SECURITIES INC., ASSET-BACKED PASS-THROUGH CERTIFICATES, SERIES 2005-R5 8-K