
                                     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)

                Stanwich Asset Acceptance Company, L.L.C. (as Depositor under
             the Pooling and Servicing Agreement, dated as August 1, 2005,
                providing for the issuance of Carrington Home Equity Loan Trust
                   Series 2005-NC4 Asset-Backed Pass-Through Certificates)
                 (Exact name of registrant as specified in charter)

                                         DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-124036-02                         20-2698835
          (Commission File Number)        (I.R.S. Employer Identification No.)


           Nine Greenwich Office Park
           Greenwich, Connecticut                              06831
          (Address of principal executive offices)           (Zip Code)


          Registrant's Telephone Number, Including Area Code:  (203) 661-6186


(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 Citigroup Mortgage Loan Trust
                                  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.



Carrington Home Equity Loan Trust 2005-NC4

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-NC4

October 25, 2005 Distribution

				External Parties						Table of Contents

													Page
				Seller									Page
				Seller						1. Certificate Payment Report					2
				New Century Mortgage Corporation						1. Certificate Payment Report					2
				New Century Mortgage Corporation						2. Collection Account Report					4
										2. Collection Account Report					4
										3. Credit Enhancement Report					6
										4. Collateral Report					7
				Certificate Insurer(s)						5. Delinquency Report					10
				Certificate Insurer(s)						5. Delinquency Report					10
										6. REO Report					11

										7. Foreclosure Report					12
										8. Prepayment Report					13
										9. Prepayment Detail Report					16
										9. Prepayment Detail Report					16
										10. Realized Loss Report					17
										11. Realized Loss Detail Report					20
				Servicer(s)						11. Realized Loss Detail Report					20
				Servicer(s)						12. Triggers and Adj. Cert. Report					21
				New Century Mortgage Corporation						12. Triggers and Adj. Cert. Report					21
				New Century Mortgage Corporation						13. Additional Certificate Report					22
										13. Additional Certificate Report					22


				Underwriter(s)
				Bear Stearns & Co.


										Total Number of Pages					22
										Total Number of Pages

				Dates						Contacts

				Cut-Off Date:			August 01, 2005			Brent Hoyler
				Close Date:			August 16, 2005			Administrator
				First Distribution Date:			September 26, 2005			(714) 247-6322
										Brent.Hoyler@db.com
										Brent.Hoyler@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			Factor Information:			(800) 735-7777
										Main Phone Number:			(714) 247-6000

							October 24, 2005
							October 24, 2005

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






Page 1 of 22
Carrington Home Equity Loan Trust 2005-NC4

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-NC4

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


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

A-1	SR	$	307,052,000.00		300,002,466.37		961,841.24		7,859,632.18		8,821,473.42		0.00		0.00		292,142,834.19
A-1	SR	$	307,052,000.00		300,002,466.37		961,841.24		7,859,632.18		8,821,473.42		0.00		0.00		292,142,834.19
A-2	SR	$	97,875,000.00		97,875,000.00		323,259.38		0.00		323,259.38		0.00		0.00		97,875,000.00
A-3	SR	$	108,181,000.00		108,181,000.00		368,626.76		0.00		368,626.76		0.00		0.00		108,181,000.00
M-1	SR	$	29,083,000.00		29,083,000.00		100,974.56		0.00		100,974.56		0.00		0.00		29,083,000.00
M-2	MEZ	$	25,967,000.00		25,967,000.00		90,574.34		0.00		90,574.34		0.00		0.00		25,967,000.00
M-3	MEZ	$	18,004,000.00		18,004,000.00		63,234.05		0.00		63,234.05		0.00		0.00		18,004,000.00
M-4	MEZ	$	27,006,000.00		27,006,000.00		99,637.14		0.00		99,637.14		0.00		0.00		27,006,000.00
M-5	MEZ	$	11,772,000.00		11,772,000.00		43,906.30		0.00		43,906.30		0.00		0.00		11,772,000.00
M-6	MEZ	$	11,425,000.00		11,425,000.00		48,134.17		0.00		48,134.17		0.00		0.00		11,425,000.00
M-7	MEZ	$	9,348,000.00		9,348,000.00		40,513.19		0.00		40,513.19		0.00		0.00		9,348,000.00
M-8	NOF	$	6,925,000.00		6,925,000.00		31,685.71		0.00		31,685.71		0.00		0.00		6,925,000.00
M-9	NOF	$	13,157,000.00		13,157,000.00		63,380.19		0.00		63,380.19		0.00		0.00		13,157,000.00
M-10	NOF	$	5,539,000.00		5,539,000.00		26,682.59		0.00		26,682.59		0.00		0.00		5,539,000.00
CE	NOF	$	21,119,880.28		21,119,843.35		669,174.93		0.00		669,174.93		0.00		0.00		21,119,843.35
P	NOF	$	100.00		100.00		116,411.23		0.00		116,411.23		0.00		0.00		100.00
RI	RES	$	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total			692,453,980.28		685,404,409.72		3,048,035.78		7,859,632.18		10,907,667.96		0.00		0.00		677,544,777.54
Total




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

									(1)		(1)		(2)		(3)		(4)=(2)+(3)	(5)
A-1	09/26/05		10/24/05		A-Act/360		78514RAA3		307,052,000.00		977.041239		3.132503		25.597072		28.729575	951.444166
A-2	09/26/05		10/24/05		A-Act/360		78514RAB1		97,875,000.00		1,000.000000		3.302778		0.000000		3.302778	1,000.000000
A-3	09/26/05		10/24/05		A-Act/360		78514RAC9		108,181,000.00		1,000.000000		3.407500		0.000000		3.407500	1,000.000000
M-1	09/26/05		10/24/05		A-Act/360		78514RAD7		29,083,000.00		1,000.000000		3.471944		0.000000		3.471944	1,000.000000
M-2	09/26/05		10/24/05		A-Act/360		78514RAE5		25,967,000.00		1,000.000000		3.488056		0.000000		3.488056	1,000.000000
M-3	09/26/05		10/24/05		A-Act/360		78514RAF2		18,004,000.00		1,000.000000		3.512222		0.000000		3.512222	1,000.000000
M-4	09/26/05		10/24/05		A-Act/360		78514RAG0		27,006,000.00		1,000.000000		3.689445		0.000000		3.689445	1,000.000000
M-5	09/26/05		10/24/05		A-Act/360		78514RAH8		11,772,000.00		1,000.000000		3.729723		0.000000		3.729723	1,000.000000
M-6	09/26/05		10/24/05		A-Act/360		78514RAJ4		11,425,000.00		1,000.000000		4.213056		0.000000		4.213056	1,000.000000
M-7	09/26/05		10/24/05		A-Act/360		78514RAK1		9,348,000.00		1,000.000000		4.333889		0.000000		4.333889	1,000.000000
M-8	09/26/05		10/24/05		A-Act/360		78514RAL9		6,925,000.00		1,000.000000		4.575554		0.000000		4.575554	1,000.000000
M-9	09/26/05		10/24/05		A-Act/360		78514RAM7		13,157,000.00		1,000.000000		4.817222		0.000000		4.817222	1,000.000000
M-10	09/26/05		10/24/05		A-Act/360		78514RAN5		5,539,000.00		1,000.000000		4.817222		0.000000		4.817222	1,000.000000
CE	09/25/05		10/24/05		F-30/360		CA0504CE1		21,119,880.28		999.998251		31.684599		0.000000		31.684599	999.998251
P	09/25/05		10/24/05		F-30/360		CA05041P1		100.00		1,000.000000		1,164,112.300000		0.000000		1,164,112.300000	1,000.000000
RI	09/25/05		10/24/05		F-30/360		CA05041R1		0.00		0.000000		0.000000		0.000000		0.000000	0.000000




Page 2 of 22
Carrington Home Equity Loan Trust 2005-NC4

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-NC4

October 25, 2005 Distribution

Distribution to Date - REMIC I
																	Current


	Original				Unscheduled		Scheduled		Total		Total		Realized		Deferred		Principal

Class	Face Value		Interest		Principal		Principal		Principal		Distribution		Loss		Interest		Balance
	(1)		(2)		(3)		(4)		(5)=(3)+(4)		(6)=(2)+(5)		(7)		(8)		(9)=(1)-(5)-(7)+(8)
A-1	307,052,000.00		2,263,592.45		14,908,262.40		903.41		14,909,165.81		17,172,758.26		0.00		0.00		292,142,834.19
A-2	97,875,000.00		751,578.05		0.00		0.00		0.00		751,578.05		0.00		0.00		97,875,000.00
A-3	108,181,000.00		858,063.15		0.00		0.00		0.00		858,063.15		0.00		0.00		108,181,000.00
M-1	29,083,000.00		235,202.71		0.00		0.00		0.00		235,202.71		0.00		0.00		29,083,000.00
M-2	25,967,000.00		211,012.53		0.00		0.00		0.00		211,012.53		0.00		0.00		25,967,000.00
M-3	18,004,000.00		147,353.99		0.00		0.00		0.00		147,353.99		0.00		0.00		18,004,000.00
M-4	27,006,000.00		232,583.55		0.00		0.00		0.00		232,583.55		0.00		0.00		27,006,000.00
M-5	11,772,000.00		102,528.40		0.00		0.00		0.00		102,528.40		0.00		0.00		11,772,000.00
M-6	11,425,000.00		112,835.37		0.00		0.00		0.00		112,835.37		0.00		0.00		11,425,000.00
M-7	9,348,000.00		95,049.03		0.00		0.00		0.00		95,049.03		0.00		0.00		9,348,000.00
M-8	6,925,000.00		74,451.92		0.00		0.00		0.00		74,451.92		0.00		0.00		6,925,000.00
M-9	13,157,000.00		149,128.20		0.00		0.00		0.00		149,128.20		0.00		0.00		13,157,000.00
M-10	5,539,000.00		62,781.87		0.00		0.00		0.00		62,781.87		0.00		0.00		5,539,000.00
CE	21,119,880.28		746,459.81		36.93		0.00		36.93		746,496.74		0.00		0.00		21,119,843.35
P	100.00		214,211.78		0.00		0.00		0.00		214,211.78		0.00		0.00		100.00
RI	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total	692,453,980.28		6,256,832.81		14,908,299.33		903.41		14,909,202.74		21,166,035.55		0.00		0.00		677,544,777.54


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

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

Class	Rate		Balance		Interest		Interest SF		Interest		Adjustment		Interest		Interest		Interest
					(1)		(2)		(3)		(4)		(5)=(1)-(2)+(3)+(4)		(6)		(7)=(5)-(6)
A-1	3.98000%		300,002,466.37		961,841.24		0.00		0.00		0.00		961,841.24		961,841.24		0.00
A-2	4.10000%		97,875,000.00		323,259.38		0.00		0.00		0.00		323,259.38		323,259.38		0.00
A-3	4.23000%		108,181,000.00		368,626.76		0.00		0.00		0.00		368,626.76		368,626.76		0.00
M-1	4.31000%		29,083,000.00		100,974.56		0.00		0.00		0.00		100,974.56		100,974.56		0.00
M-2	4.33000%		25,967,000.00		90,574.34		0.00		0.00		0.00		90,574.34		90,574.34		0.00
M-3	4.36000%		18,004,000.00		63,234.05		0.00		0.00		0.00		63,234.05		63,234.05		0.00
M-4	4.57586%		27,006,000.00		99,547.13		0.00		0.00		0.00		99,547.13		99,637.14		0.00
M-5	4.57586%		11,772,000.00		43,392.91		0.00		0.00		0.00		43,392.91		43,906.30		0.00
M-6	4.57586%		11,425,000.00		42,113.83		0.00		0.00		0.00		42,113.83		48,134.17		0.00
M-7	4.57586%		9,348,000.00		34,457.77		0.00		0.00		0.00		34,457.77		40,513.19		0.00
M-8	4.57586%		6,925,000.00		25,526.32		0.00		0.00		0.00		25,526.32		31,685.71		0.00
M-9	4.57586%		13,157,000.00		48,498.17		0.00		0.00		0.00		48,498.17		63,380.19		0.00
M-10	4.57586%		5,539,000.00		20,417.37		0.00		0.00		0.00		20,417.37		26,682.59		0.00
CE	0.00000%		21,119,843.35		0.00		0.00		0.00		0.00		0.00		669,174.93		0.00
P	0.00000%		100.00		0.00		0.00		0.00		0.00		0.00		116,411.23		0.00
RI	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total			685,404,409.72		2,222,463.83		0.00		0.00		0.00		2,222,463.83		3,048,035.78		0.00



Page 3 of 22
Carrington Home Equity Loan Trust 2005-NC4

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-NC4

October 25, 2005 Distribution
Collection Account Report
SUMMARY
SUMMARY
														Total
Principal Collections														7,859,632.18
Principal Withdrawals														0.00
Principal Other Accounts														0.00
TOTAL NET PRINCIPAL														7,859,632.18
Interest Collections														3,389,854.32
Interest Withdrawals														-0.00
Interest Fees														-53,082.01
Interest Other Accounts														-288,736.52
TOTAL NET INTEREST														3,048,035.79
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION														10,907,667.97



PRINCIPAL - COLLECTIONS
PRINCIPAL - COLLECTIONS
															Total
Scheduled Principal Received															445.63
Curtailments															25,318.68
Prepayments In Full															7,833,867.87
Repurchased/Substitutions															0.00
Liquidations															0.00
Insurance Principal															0.00
Other Additional Principal															0.00
Delinquent Principal															-301.33
Realized Losses															-0.00
Advanced Principal															301.33
TOTAL PRINCIPAL COLLECTED															7,859,632.18


PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK



PRINCIPAL - OTHER ACCOUNTS
PRINCIPAL - OTHER ACCOUNTS
														Total
Prefund Release														0.00
TOTAL PRINCIPAL OTHER ACCOUNTS														0.00





Page 4 of 22
Carrington Home Equity Loan Trust 2005-NC4

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-NC4

October 25, 2005 Distribution

INTEREST - COLLECTIONS
INTEREST - COLLECTIONS
														Total
Scheduled Interest														3,624,813.46
Repurchased/Substitution Interest														0.00
Liquidation Interest														0.00
Insurance Interest														0.00
Other Additional Interest														0.00
Prepayment Interest Shortfalls														-19,815.27
Delinquent Interest														-2,986,312.96
Compensating Interest														19,815.27
Civil Relief Act Shortfalls														-0.00
Interest Advanced														2,751,353.82
TOTAL INTEREST COLLECTED														3,389,854.32


INTEREST - WITHDRAWALS
INTEREST - WITHDRAWALS
														Total
TOTAL INTEREST WITHDRAWALS														0.00



INTEREST - OTHER ACCOUNTS
INTEREST - OTHER ACCOUNTS
														Total
Prepayment Charges														116,411.23
Swap Contract Payment														-405,147.75
Closing Reserve - Deposited														0.00
TOTAL INTEREST OTHER ACCOUNTS														-288,736.52



INTEREST - FEES
INTEREST - FEES
														Total
Current Servicing Fees														50,625.98
Trustee Fees														2,456.03
TOTAL INTEREST FEES														53,082.01




Page 5 of 22
Carrington Home Equity Loan Trust 2005-NC4

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-NC4

October 25, 2005 Distribution
Credit Enhancement Report
ACCOUNTS

SPACE INTENTIONALLY LEFT BLANK



INSURANCE

SPACE INTENTIONALLY LEFT BLANK



STRUCTURAL FEATURES
STRUCTURAL FEATURES
														Total

Overcollateralization Increase Amount														0.00
Overcollateralization Reduction Amount														0.00

Required Overcollateralized Amount														21,119,843.35

Senior Enhancement Percentage														26.470000%




Page 6 of 22
Carrington Home Equity Loan Trust 2005-NC4

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-NC4

October 25, 2005 Distribution
Collateral Report


COLLATERAL



															Total



Loan Count:


Original														2,598
Prior														2,571
Prefunding														0
Scheduled Paid Offs														-0
Full Voluntary Prepayments														-28
Repurchases														-0
Liquidations														-0
Current														2,543
Principal Balance:


Original														692,453,880.28
Prior														685,404,309.72
Prefunding														0.00
Scheduled Principal														-445.63
Partial Prepayments														-25,318.68
Full Voluntary Prepayments														-7,833,867.87
Repurchases														-0.00
Liquidations														-0.00
Current														677,544,677.54





PREFUNDING

SPACE INTENTIONALLY LEFT BLANK






Page 7 of 22
Carrington Home Equity Loan Trust 2005-NC4

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-NC4

October 25, 2005 Distribution

CHARACTERISTICS
CHARACTERISTICS
														Total
Weighted Average Coupon Original														6.34970%
Weighted Average Coupon Prior														6.34970%
Weighted Average Coupon Current														6.34629%
Weighted Average Months to Maturity Original														356
Weighted Average Months to Maturity Prior														356
Weighted Average Months to Maturity Current														355
Weighted Avg Remaining Amortization Term Original														356
Weighted Avg Remaining Amortization Term Prior														356
Weighted Avg Remaining Amortization Term Current														355
Weighted Average Seasoning Original														4.32
Weighted Average Seasoning Prior														4.32
Weighted Average Seasoning Current														5.31









Page 8 of 22
Carrington Home Equity Loan Trust 2005-NC4

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-NC4

October 25, 2005 Distribution

ARM CHARACTERISTICS
ARM CHARACTERISTICS
														Total
Weighted Average Margin Original														5.65423%
Weighted Average Margin Prior														5.65423%
Weighted Average Margin Current														5.65434%
Weighted Average Max Rate Original														13.35086%
Weighted Average Max Rate Prior														13.35086%
Weighted Average Max Rate Current														13.34631%
Weighted Average Min Rate Original														6.35086%
Weighted Average Min Rate Prior														6.35086%
Weighted Average Min Rate Current														6.34631%
Weighted Average Cap Up Original														1.50000%
Weighted Average Cap Up Prior														1.50000%
Weighted Average Cap Up Current														1.50000%
Weighted Average Cap Down Original														1.50000%
Weighted Average Cap Down Prior														1.50000%
Weighted Average Cap Down Current														1.50000%




SERVICING FEES & ADVANCES

															Total




Current Servicing Fees														50,625.98
Delinquent Servicing Fees														234,959.14
TOTAL SERVICING FEES														285,585.13


Total Servicing Fees														285,585.13
Compensating Interest														-19,815.27
Delinquent Servicing Fees														-234,959.14
COLLECTED SERVICING FEES														30,810.72


Total Advanced Interest
Total Advanced Principal														301.33
Aggregate Advances with respect to this Distribution														5,503,310.30





ADDITIONAL COLLATERAL INFORMATION
														Total
Prepayment Interest Shortfall (PPIS)														19,815.27
Compensating Interest														-19,815.27
Net Prepayment Interest Shortfall (PPIS)														0.00


Ending Pool Stated Principal Balance														677,544,677.54
Weighted Average Net Mortgage Rate														5.336475%




Page 9 of 22
Carrington Home Equity Loan Trust 2005-NC4

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-NC4

October 25, 2005 Distribution
Delinquency Report

	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				895,806.59		0.00		0.00		895,806.59
			% Balance				0.13%		0.00%		0.00%		0.13%
			# Loans				2		0		0		2
			% # Loans				0.08%		0.00%		0.00%		0.08%
	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		1,829,645.27		0.00		0.00		0.00		1,829,645.27
			% Balance		0.27%		0.00%		0.00%		0.00%		0.27%
			# Loans		9		0		0		0		9
			% # Loans		0.35%		0.00%		0.00%		0.00%		0.35%
	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		1,829,645.27		895,806.59		0.00		0.00		2,725,451.86
			% Balance		0.27%		0.13%		0.00%		0.00%		0.40%
			# Loans		9		2		0		0		11
			% # Loans		0.35%		0.08%		0.00%		0.00%		0.43%









Page 10 of 22
Carrington Home Equity Loan Trust 2005-NC4

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-NC4

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




TOTAL


Page 11 of 22
Carrington Home Equity Loan Trust 2005-NC4

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-NC4

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




TOTAL


Page 12 of 22
Carrington Home Equity Loan Trust 2005-NC4

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-NC4

October 25, 2005 Distribution
Prepayment Report

VOLUNTARY PREPAYMENTS
VOLUNTARY PREPAYMENTS

															Total




Current


Number of Paid in Full Loans														28
Number of Repurchased Loans														0
Total Number of Loans Prepaid in Full														28
Curtailments Amount														25,318.68
Paid in Full Balance														7,833,867.87
Repurchased Loans Balance														0.00
Total Prepayment Amount														7,859,186.55

Cumulative


Number of Paid in Full Loans														55
Number of Repurchased Loans														0
Total Number of Loans Prepaid in Full														55
Paid in Full Balance														14,854,714.56
Repurchased Loans Balance														0.00
Curtailments Amount														53,584.77
Total Prepayment Amount														14,908,299.33










Page 13 of 22
Carrington Home Equity Loan Trust 2005-NC4

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-NC4

October 25, 2005 Distribution

VOLUNTARY PREPAYMENTS RATES
VOLUNTARY PREPAYMENTS RATES

															Total



SMM														1.15%
3 Months Avg SMM														1.08%
12 Months Avg SMM														1.08%
Avg SMM Since Cut-off														1.08%


CPR														12.92%
3 Months Avg CPR														12.24%
12 Months Avg CPR														12.24%
Avg CPR Since Cut-off														12.24%


PSA														1,216.11%
3 Months Avg PSA Approximation														1,271.34%
12 Months Avg PSA Approximation														1,271.34%
Avg PSA Since Cut-off Approximation														1,271.34%










Page 14 of 22
Carrington Home Equity Loan Trust 2005-NC4

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-NC4

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 15 of 22
Carrington Home Equity Loan Trust 2005-NC4

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-NC4

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 Number			Original							Current		State &		Type Prepayment

&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

2069267 1			280,000.00		280,000.00			30-Sep-2005		6.050%		RI - 80.00%		Paid Off - 360		01-May-2005
			280,000.00

2077508 1			179,600.00		179,600.00			23-Sep-2005		5.250%		CA - 35.22%		Paid Off - 360		01-May-2005
2077508 1					179,600.00			23-Sep-2005		5.250%		CA - 35.22%		Paid Off - 360		01-May-2005
2077677 1			145,350.00		145,350.00			20-Sep-2005		6.950%		IL - 85.00%		Paid Off - 360		01-May-2005
2077677 1					145,350.00			20-Sep-2005		6.950%		IL - 85.00%		Paid Off - 360		01-May-2005
2079168 1			465,000.00		465,000.00			14-Sep-2005		6.150%		OR - 94.90%		Paid Off - 360		01-Jun-2005
2079168 1					465,000.00			14-Sep-2005		6.150%		OR - 94.90%		Paid Off - 360		01-Jun-2005
2085058 1			233,750.00		233,750.00			16-Sep-2005		6.000%		CA - 85.00%		Paid Off - 360		01-Jun-2005
2085058 1					233,750.00			16-Sep-2005		6.000%		CA - 85.00%		Paid Off - 360		01-Jun-2005
2086118 1			234,900.00		234,900.00			15-Sep-2005		7.000%		IL - 90.00%		Paid Off - 360		01-May-2005
2086118 1					234,900.00			15-Sep-2005		7.000%		IL - 90.00%		Paid Off - 360		01-May-2005
2105958 1			153,000.00		152,996.60			28-Sep-2005		7.050%		GA - 90.00%		Paid Off - 360		01-Jun-2005
2105958 1					152,996.60			28-Sep-2005		7.050%		GA - 90.00%		Paid Off - 360		01-Jun-2005
2109426 1			324,000.00		324,000.00			09-Sep-2005		5.800%		CA - 81.82%		Paid Off - 360		01-Jun-2005
2109426 1					324,000.00			09-Sep-2005		5.800%		CA - 81.82%		Paid Off - 360		01-Jun-2005
2114052 1			378,000.00		378,000.00			30-Sep-2005		5.650%		CA - 82.17%		Paid Off - 360		01-Jul-2005
2114052 1					378,000.00			30-Sep-2005		5.650%		CA - 82.17%		Paid Off - 360		01-Jul-2005
2115710 1			187,000.00		186,990.13			06-Sep-2005		7.450%		NV - 85.00%		Paid Off - 360		01-Jun-2005
2115710 1					186,990.13			06-Sep-2005		7.450%		NV - 85.00%		Paid Off - 360		01-Jun-2005
1000600914 1			374,000.00		374,000.00			30-Sep-2005		6.700%		MA - 82.20%		Paid Off - 360		01-May-2005
1000600914 1					374,000.00			30-Sep-2005		6.700%		MA - 82.20%		Paid Off - 360		01-May-2005
1001036587 1			297,000.00		297,000.00			16-Sep-2005		7.230%		IL - 90.00%		Paid Off - 360		01-May-2005
1001036587 1					297,000.00			16-Sep-2005		7.230%		IL - 90.00%		Paid Off - 360		01-May-2005
1001215401 1			180,000.00		180,000.00			28-Sep-2005		6.000%		AZ - 80.00%		Paid Off - 360		01-May-2005
1001215401 1					180,000.00			28-Sep-2005		6.000%		AZ - 80.00%		Paid Off - 360		01-May-2005
1001215884 1			357,000.00		357,000.00			02-Sep-2005		5.250%		NY - 79.33%		Paid Off - 360		01-May-2005
1001215884 1					357,000.00			02-Sep-2005		5.250%		NY - 79.33%		Paid Off - 360		01-May-2005
1001219997 1			255,637.00		255,636.96			02-Sep-2005		6.250%		CA - 74.75%		Paid Off - 360		01-May-2005
1001219997 1					255,636.96			02-Sep-2005		6.250%		CA - 74.75%		Paid Off - 360		01-May-2005
1001226747 1			213,750.00		213,749.95			30-Sep-2005		8.900%		VA - 95.00%		Paid Off - 360		01-May-2005
1001226747 1					213,749.95			30-Sep-2005		8.900%		VA - 95.00%		Paid Off - 360		01-May-2005
1001268746 1			224,000.00		224,000.00			28-Sep-2005		5.650%		MA - 80.00%		Paid Off - 360		01-May-2005
1001268746 1					224,000.00			28-Sep-2005		5.650%		MA - 80.00%		Paid Off - 360		01-May-2005
1001295431 1			272,000.00		272,000.00			19-Sep-2005		6.750%		CA - 85.00%		Paid Off - 360		01-May-2005
1001295431 1					272,000.00			19-Sep-2005		6.750%		CA - 85.00%		Paid Off - 360		01-May-2005
1001341738 1			552,500.00		552,499.95			07-Sep-2005		6.850%		VA - 85.00%		Paid Off - 360		01-May-2005
1001341738 1					552,499.95			07-Sep-2005		6.850%		VA - 85.00%		Paid Off - 360		01-May-2005
1001375826 1			244,000.00		244,000.00			16-Sep-2005		5.750%		MD - 80.00%		Paid Off - 360		01-May-2005
1001375826 1					244,000.00			16-Sep-2005		5.750%		MD - 80.00%		Paid Off - 360		01-May-2005
1001427101 1			129,674.40		129,674.36			15-Sep-2005		7.000%		AZ - 80.00%		Paid Off - 360		01-Jun-2005
1001427101 1					129,674.36			15-Sep-2005		7.000%		AZ - 80.00%		Paid Off - 360		01-Jun-2005
1001455525 1			361,800.00		361,800.00			06-Sep-2005		6.900%		CA - 90.00%		Paid Off - 360		01-Jun-2005
1001455525 1					361,800.00			06-Sep-2005		6.900%		CA - 90.00%		Paid Off - 360		01-Jun-2005
1001518888 1			446,320.00		446,319.95			08-Sep-2005		6.850%		CA - 80.00%		Paid Off - 360		01-May-2005
1001518888 1					446,319.95			08-Sep-2005		6.850%		CA - 80.00%		Paid Off - 360		01-May-2005
1001545288 1			300,000.00		300,000.00			16-Sep-2005		6.000%		CA - 80.00%		Paid Off - 360		01-Jun-2005
1001545288 1					300,000.00			16-Sep-2005		6.000%		CA - 80.00%		Paid Off - 360		01-Jun-2005
1001584351 1			428,000.00		428,000.00			22-Sep-2005		7.950%		CA - 80.00%		Paid Off - 360		01-Jun-2005
1001584351 1					428,000.00			22-Sep-2005		7.950%		CA - 80.00%		Paid Off - 360		01-Jun-2005
1001824397 1			352,000.00		352,000.00			08-Sep-2005		5.750%		CA - 80.00%		Paid Off - 360		01-Jun-2005
1001824397 1					352,000.00			08-Sep-2005		5.750%		CA - 80.00%		Paid Off - 360		01-Jun-2005
1001849815 1			75,600.00		75,600.00			13-Sep-2005		7.400%		SC - 90.00%		Paid Off - 360		01-Jul-2005
1001849815 1					75,600.00			13-Sep-2005		7.400%		SC - 90.00%		Paid Off - 360		01-Jul-2005
1001935302 1			190,000.00		189,999.97			06-Sep-2005		7.450%		FL - 71.70%		Paid Off - 360		01-Jul-2005
1001935302 1					189,999.97			06-Sep-2005		7.450%		FL - 71.70%		Paid Off - 360		01-Jul-2005


TOTAL			7,833,881.40		7,833,867.87
TOTAL


Page 16 of 22
Carrington Home Equity Loan Trust 2005-NC4

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-NC4

October 25, 2005 Distribution
Realized Loss Report

COLLATERAL REALIZED LOSSES



															Total


Current
Current



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

Cumulative
Cumulative



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










Page 17 of 22
Carrington Home Equity Loan Trust 2005-NC4

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-NC4

October 25, 2005 Distribution


DEFAULT SPEEDS



															Total



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


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


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


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












Page 18 of 22
Carrington Home Equity Loan Trust 2005-NC4

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-NC4

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 19 of 22
Carrington Home Equity Loan Trust 2005-NC4

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-NC4

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

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




TOTAL



Page 20 of 22
Carrington Home Equity Loan Trust 2005-NC4

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-NC4

October 25, 2005 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS
TRIGGER EVENTS
														Total
						Does a Trigger Event Exist? (0=No,1=Yes)								0
						Has a Stepdown Date Occurred? (0=No,1=Yes)								0



ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK



ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
														Total
Current LIBOR Rate														3.830000%
Next LIBOR Rate														0.000000%




Page 21 of 22
Carrington Home Equity Loan Trust 2005-NC4

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-NC4

October 25, 2005 Distribution
Additional Certificate Report

ADDITIONAL CERTIFICATE REPORT

													Net WAC Shortfall Carryover		Net WAC Shortfall Paid
CLASS

			A-1										0.00		0.00
													0.00		0.00
			A-2										0.00		0.00
													0.00		0.00
			A-3										0.00		0.00
													0.00		0.00
			M-1										0.00		0.00
													0.00		0.00
			M-2										0.00		0.00
													0.00		0.00
			M-3										0.00		0.00
													0.00		0.00
			M-4										0.00		0.00
													0.00		0.00
			M-5										0.00		0.00
													0.00		0.00
			M-6										0.00		0.00
													0.00		0.00
			M-7										0.00		0.00
													0.00		0.00
			M-8										0.00		0.00
													0.00		0.00
			M-9										0.00		0.00
													0.00		0.00
			M-10										0.00		0.00
													0.00		0.00






Page 22 of 22

Carrington Home Equity Loan Trust, Series 2005-NC4 Asset-Backed Pass-Through Certificates 8-K