
                                        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)

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


                                       DELAWARE
                     (State or Other Jurisdiction of Incorporation)

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


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


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


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

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

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

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

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

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


     Item 8.01  Other Events

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


     Item 9.01 Financial Statements and Exhibits

     (c) Exhibits:

     Exhibit No. Description

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



Soundview Home Loan Trust 2005-2

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

October 25, 2005 Distribution

				External Parties						Table of Contents

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

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


				Underwriter(s)
				Greenwich Capital Markets


										Total Number of Pages					27
										Total Number of Pages

				Dates						Contacts

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

										Address:
										1761 East St. Andrew Place, Santa Ana, CA 92514
				Distribution Date:			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 27
Soundview Home Loan Trust 2005-2

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

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


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

A-1	SR	$	187,150,000.00		137,195,772.21		434,338.95		13,604,574.71		14,038,913.66		0.00		0.00		123,591,197.50
A-1	SR	$	187,150,000.00		137,195,772.21		434,338.95		13,604,574.71		14,038,913.66		0.00		0.00		123,591,197.50
A-2	SR	$	66,140,000.00		66,140,000.00		212,584.98		0.00		212,584.98		0.00		0.00		66,140,000.00
A-3	SR	$	108,290,000.00		108,290,000.00		355,913.13		0.00		355,913.13		0.00		0.00		108,290,000.00
A-4	SR	$	24,167,000.00		24,167,000.00		81,375.66		0.00		81,375.66		0.00		0.00		24,167,000.00
M-1	MEZ	$	30,829,000.00		30,829,000.00		105,794.85		0.00		105,794.85		0.00		0.00		30,829,000.00
M-2	MEZ	$	20,725,000.00		20,725,000.00		71,288.24		0.00		71,288.24		0.00		0.00		20,725,000.00
M-3	MEZ	$	10,363,000.00		10,363,000.00		35,979.76		0.00		35,979.76		0.00		0.00		10,363,000.00
M-4	MEZ	$	9,585,000.00		9,585,000.00		34,436.78		0.00		34,436.78		0.00		0.00		9,585,000.00
M-5	MEZ	$	9,067,000.00		9,067,000.00		32,794.84		0.00		32,794.84		0.00		0.00		9,067,000.00
M-6	MEZ	$	8,290,000.00		8,290,000.00		30,385.15		0.00		30,385.15		0.00		0.00		8,290,000.00
M-7	MEZ	$	4,663,000.00		4,663,000.00		18,894.22		0.00		18,894.22		0.00		0.00		4,663,000.00
M-8	MEZ	$	9,326,000.00		9,326,000.00		38,539.70		0.00		38,539.70		0.00		0.00		9,326,000.00
M-9	MEZ	$	5,181,000.00		5,181,000.00		23,372.07		0.00		23,372.07		0.00		0.00		5,181,000.00
B-1	SUB/NOF	$	5,181,000.00		5,181,000.00		29,548.97		0.00		29,548.97		0.00		0.00		5,181,000.00
B-2	SUB/NOF	$	5,181,000.00		5,181,000.00		29,548.97		0.00		29,548.97		0.00		0.00		5,181,000.00
B-3	SUB/NOF	$	2,591,000.00		2,591,000.00		14,255.54		0.00		14,255.54		0.00		0.00		2,591,000.00
B-4	SUB/NOF	$	5,181,000.00		5,181,000.00		28,505.57		0.00		28,505.57		0.00		0.00		5,181,000.00
B-5	SUB/NOF	$	3,627,000.00		3,627,000.00		18,494.68		0.00		18,494.68		0.00		0.00		3,627,000.00
C	NOF	$	2,591,418.27		2,590,642.59		1,154,641.75		0.00		1,154,641.75		0.00		0.00		2,590,642.59
P	RES	$	100.00		100.00		224,005.24		0.00		224,005.24		0.00		0.00		100.00
R	NOF	$	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
R-X	RES	$	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total			518,128,518.27		468,173,514.80		2,974,699.05		13,604,574.71		16,579,273.76		0.00		0.00		454,568,940.09
Total





Page 2 of 27
Soundview Home Loan Trust 2005-2

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

October 25, 2005 Distribution

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

									(1)		(1)		(2)		(3)		(4)=(2)+(3)	(5)
A-1	09/26/05		10/24/05		A-Act/360		83611MEL8		187,150,000.00		733.079200		2.320807		72.693426		75.014233	660.385773
A-2	09/26/05		10/24/05		A-Act/360		83611MEM6		66,140,000.00		1,000.000000		3.214167		0.000000		3.214167	1,000.000000
A-3	09/26/05		10/24/05		A-Act/360		83611MEN4		108,290,000.00		1,000.000000		3.286667		0.000000		3.286667	1,000.000000
A-4	09/26/05		10/24/05		A-Act/360		83611MEP9		24,167,000.00		1,000.000000		3.367222		0.000000		3.367222	1,000.000000
M-1	09/26/05		10/24/05		A-Act/360		83611MEQ7		30,829,000.00		1,000.000000		3.431667		0.000000		3.431667	1,000.000000
M-2	09/26/05		10/24/05		A-Act/360		83611MER5		20,725,000.00		1,000.000000		3.439722		0.000000		3.439722	1,000.000000
M-3	09/26/05		10/24/05		A-Act/360		83611MES3		10,363,000.00		1,000.000000		3.471944		0.000000		3.471944	1,000.000000
M-4	09/26/05		10/24/05		A-Act/360		83611MET1		9,585,000.00		1,000.000000		3.592778		0.000000		3.592778	1,000.000000
M-5	09/26/05		10/24/05		A-Act/360		83611MEU8		9,067,000.00		1,000.000000		3.616945		0.000000		3.616945	1,000.000000
M-6	09/26/05		10/24/05		A-Act/360		83611MEV6		8,290,000.00		1,000.000000		3.665277		0.000000		3.665277	1,000.000000
M-7	09/26/05		10/24/05		A-Act/360		83611MEW4		4,663,000.00		1,000.000000		4.051945		0.000000		4.051945	1,000.000000
M-8	09/26/05		10/24/05		A-Act/360		83611MEX2		9,326,000.00		1,000.000000		4.132501		0.000000		4.132501	1,000.000000
M-9	09/26/05		10/24/05		A-Act/360		83611MEY0		5,181,000.00		1,000.000000		4.511112		0.000000		4.511112	1,000.000000
B-1	09/26/05		10/24/05		A-Act/360		83611MEZ7		5,181,000.00		1,000.000000		5.703333		0.000000		5.703333	1,000.000000
B-2	09/26/05		10/24/05		A-Act/360		83611MFA1		5,181,000.00		1,000.000000		5.703333		0.000000		5.703333	1,000.000000
B-3	09/26/05		10/24/05		A-Act/360		83611MFB9		2,591,000.00		1,000.000000		5.501945		0.000000		5.501945	1,000.000000
B-4	09/26/05		10/24/05		A-Act/360		83611MFC7		5,181,000.00		1,000.000000		5.501944		0.000000		5.501944	1,000.000000
B-5	09/26/05		10/24/05		A-Act/360		83611MFD5		3,627,000.00		1,000.000000		5.099167		0.000000		5.099167	1,000.000000
C	09/01/05		09/30/05		A-30/360				2,591,418.27		999.700674		445.563637		0.000000		445.563637	999.700674
P	09/01/05		09/30/05		A-30/360				100.00		1,000.000000		2,240,052.400000		0.000000		2,240,052.400000	1,000.000000
R	09/01/05		09/30/05		F-30/360				0.00		0.000000		0.000000		0.000000		0.000000	0.000000
R-X	09/01/05		09/30/05		A-30/360				0.00		0.000000		0.000000		0.000000		0.000000	0.000000




Page 3 of 27
Soundview Home Loan Trust 2005-2

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

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-1	187,150,000.00		2,395,535.38		62,054,570.43		1,504,232.07		63,558,802.50		65,954,337.88		0.00		0.00		123,591,197.50
A-2	66,140,000.00		982,711.15		0.00		0.00		0.00		982,711.15		0.00		0.00		66,140,000.00
A-3	108,290,000.00		1,648,774.36		0.00		0.00		0.00		1,648,774.36		0.00		0.00		108,290,000.00
A-4	24,167,000.00		377,823.96		0.00		0.00		0.00		377,823.96		0.00		0.00		24,167,000.00
M-1	30,829,000.00		492,047.67		0.00		0.00		0.00		492,047.67		0.00		0.00		30,829,000.00
M-2	20,725,000.00		331,628.58		0.00		0.00		0.00		331,628.58		0.00		0.00		20,725,000.00
M-3	10,363,000.00		167,514.91		0.00		0.00		0.00		167,514.91		0.00		0.00		10,363,000.00
M-4	9,585,000.00		160,809.59		0.00		0.00		0.00		160,809.59		0.00		0.00		9,585,000.00
M-5	9,067,000.00		153,229.69		0.00		0.00		0.00		153,229.69		0.00		0.00		9,067,000.00
M-6	8,290,000.00		142,129.67		0.00		0.00		0.00		142,129.67		0.00		0.00		8,290,000.00
M-7	4,663,000.00		89,085.27		0.00		0.00		0.00		89,085.27		0.00		0.00		4,663,000.00
M-8	9,326,000.00		181,978.67		0.00		0.00		0.00		181,978.67		0.00		0.00		9,326,000.00
M-9	5,181,000.00		111,040.30		0.00		0.00		0.00		111,040.30		0.00		0.00		5,181,000.00
B-1	5,181,000.00		142,350.81		0.00		0.00		0.00		142,350.81		0.00		0.00		5,181,000.00
B-2	5,181,000.00		142,350.81		0.00		0.00		0.00		142,350.81		0.00		0.00		5,181,000.00
B-3	2,591,000.00		68,544.17		0.00		0.00		0.00		68,544.17		0.00		0.00		2,591,000.00
B-4	5,181,000.00		137,061.85		0.00		0.00		0.00		137,061.85		0.00		0.00		5,181,000.00
B-5	3,627,000.00		88,546.12		0.00		0.00		0.00		88,546.12		0.00		0.00		3,627,000.00
C	2,591,418.27		6,301,129.70		749.35		26.33		775.68		6,301,905.38		0.00		0.00		2,590,642.59
P	100.00		939,752.86		0.00		0.00		0.00		939,752.86		0.00		0.00		100.00
R	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
R-X	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total	518,128,518.27		15,054,045.52		62,055,319.78		1,504,258.40		63,559,578.18		78,613,623.70		0.00		0.00		454,568,940.09



Page 4 of 27
Soundview Home Loan Trust 2005-2

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

October 25, 2005 Distribution

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

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

Class	Rate		Balance		Interest		Interest SF		Interest		Adjustment		Interest		Interest		Interest
					(1)		(2)		(3)		(4)		(5)=(1)-(2)+(3)+(4)		(6)		(7)=(5)-(6)
A-1	3.93000%		137,195,772.21		434,338.95		0.00		0.00		0.00		434,338.95		434,338.95		0.00
A-2	3.99000%		66,140,000.00		212,584.98		0.00		0.00		0.00		212,584.98		212,584.98		0.00
A-3	4.08000%		108,290,000.00		355,913.13		0.00		0.00		0.00		355,913.13		355,913.13		0.00
A-4	4.18000%		24,167,000.00		81,375.66		0.00		0.00		0.00		81,375.66		81,375.66		0.00
M-1	4.26000%		30,829,000.00		105,794.85		0.00		0.00		0.00		105,794.85		105,794.85		0.00
M-2	4.27000%		20,725,000.00		71,288.24		0.00		0.00		0.00		71,288.24		71,288.24		0.00
M-3	4.31000%		10,363,000.00		35,979.76		0.00		0.00		0.00		35,979.76		35,979.76		0.00
M-4	4.46000%		9,585,000.00		34,436.78		0.00		0.00		0.00		34,436.78		34,436.78		0.00
M-5	4.49000%		9,067,000.00		32,794.84		0.00		0.00		0.00		32,794.84		32,794.84		0.00
M-6	4.55000%		8,290,000.00		30,385.15		0.00		0.00		0.00		30,385.15		30,385.15		0.00
M-7	5.03000%		4,663,000.00		18,894.22		0.00		0.00		0.00		18,894.22		18,894.22		0.00
M-8	5.13000%		9,326,000.00		38,539.70		0.00		0.00		0.00		38,539.70		38,539.70		0.00
M-9	5.60000%		5,181,000.00		23,372.07		0.00		0.00		0.00		23,372.07		23,372.07		0.00
B-1	7.08000%		5,181,000.00		29,548.97		0.00		0.00		0.00		29,548.97		29,548.97		0.00
B-2	7.08000%		5,181,000.00		29,548.97		0.00		0.00		0.00		29,548.97		29,548.97		0.00
B-3	6.83000%		2,591,000.00		14,255.54		0.00		0.00		0.00		14,255.54		14,255.54		0.00
B-4	6.83000%		5,181,000.00		28,505.57		0.00		0.00		0.00		28,505.57		28,505.57		0.00
B-5	6.33000%		3,627,000.00		18,494.68		0.00		0.00		0.00		18,494.68		18,494.68		0.00
C	0.00000%		2,590,642.59		0.00		288.21		0.00		0.00		-288.21		1,154,641.75		0.00
P	0.00000%		100.00		0.00		0.00		0.00		0.00		0.00		224,005.24		0.00
R	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
R-X	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total			468,173,514.80		1,596,052.06		288.21		0.00		0.00		1,595,763.85		2,974,699.05		0.00



Page 5 of 27
Soundview Home Loan Trust 2005-2

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

October 25, 2005 Distribution
Collection Account Report
SUMMARY
SUMMARY
														Total
Principal Collections														13,604,574.71
Principal Withrawals														0.00
Principal Other Accounts														0.00
TOTAL NET PRINCIPAL														13,604,574.71
Interest Collections														2,826,767.93
Interest Withdrawals														-0.00
Interest Other Accounts														224,005.24
Interest Fees														-76,074.12
TOTAL NET INTEREST														2,974,699.05
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION														16,579,273.76



PRINCIPAL - COLLECTIONS
PRINCIPAL - COLLECTIONS
															Total
Scheduled Principal Received															296,791.67
Prepayments In Full															13,291,088.51
Curtailments															16,694.53
Liquidations															0.00
Insurance Principal															0.00
Repurchased Principal Amounts															0.00
Other Principal															0.00
Total Realized Loss Of Principal															-0.00
Delinquent Principal															-209,540.64
Advanced Principal															209,540.64
TOTAL PRINCIPAL COLLECTED															13,604,574.71


PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK



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





Page 6 of 27
Soundview Home Loan Trust 2005-2

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

October 25, 2005 Distribution

INTEREST - COLLECTIONS
INTEREST - COLLECTIONS
														Total
Scheduled Interest														2,946,788.46
Liquidation Interest														0.00
Repurchased Interest														0.00
Insurance Interest														0.00
Other Interest														0.00
Relief Act Interest Shortfalls														-288.21
Prepayment Interest Shortfalls														-23,836.49
Compensating Interest														23,836.49
Delinquent Interest														-1,816,818.91
Interest Advanced														1,697,086.58
TOTAL INTEREST COLLECTED														2,826,767.93


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



INTEREST - OTHER ACCOUNTS
INTEREST - OTHER ACCOUNTS
														Total
Prepayment Charges														224,005.24
Cap Contract Payment														0.00
TOTAL INTEREST OTHER ACCOUNTS														224,005.24



INTEREST - FEES
INTEREST - FEES
														Total
Current Servicing Fees														75,339.97
Current Trustee Fees														0.00
Custodian Fees														734.15
TOTAL INTEREST OTHER FEES														76,074.12




Page 7 of 27
Soundview Home Loan Trust 2005-2

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

October 25, 2005 Distribution
Credit Enhancement Report

ACCOUNTS


Net WAC Rate Carryover Reserve Account

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



INSURANCE

SPACE INTENTIONALLY LEFT BLANK



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



Page 8 of 27
Soundview Home Loan Trust 2005-2

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

October 25, 2005 Distribution
Collateral Report


COLLATERAL



															Total



Loan Count:


Original														3,536
Prior														3,799
Prefunding														0
Scheduled Paid Offs														-0
Full Voluntary Prepayments														-83
Repurchases														-0
Liquidations														-0
Current														3,716
Principal Balance:


Original														435,781,405.00
Prior														468,173,514.80
Prefunding														0.00
Scheduled Principal														-296,791.67
Partial Prepayments														-16,694.53
Full Voluntary Prepayments														-13,291,088.51
Repurchases														-0.00
Liquidations														-0.00
Current														454,568,940.09





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




Page 9 of 27
Soundview Home Loan Trust 2005-2

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

October 25, 2005 Distribution


CHARACTERISTICS
CHARACTERISTICS
														Total
Weighted Average Coupon Original														7.58460%
Weighted Average Coupon Prior														7.54849%
Weighted Average Coupon Current														7.55307%
Weighted Average Months to Maturity Original														339
Weighted Average Months to Maturity Prior														337
Weighted Average Months to Maturity Current														336
Weighted Avg Remaining Amortization Term Original														339
Weighted Avg Remaining Amortization Term Prior														337
Weighted Avg Remaining Amortization Term Current														336
Weighted Average Seasoning Original														5.39
Weighted Average Seasoning Prior														7.96
Weighted Average Seasoning Current														8.94






Page 10 of 27
Soundview Home Loan Trust 2005-2

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

October 25, 2005 Distribution



ARM CHARACTERISTICS
ARM CHARACTERISTICS
														Total
Weighted Average Margin Original														6.43111%
Weighted Average Margin Prior														6.29603%
Weighted Average Margin Current														6.30066%
Weighted Average Max Rate Original														14.16971%
Weighted Average Max Rate Prior														14.17897%
Weighted Average Max Rate Current														14.18263%
Weighted Average Min Rate Original														7.16423%
Weighted Average Min Rate Prior														7.18143%
Weighted Average Min Rate Current														7.18484%
Weighted Average Cap Up Original														1.21387%
Weighted Average Cap Up Prior														1.18781%
Weighted Average Cap Up Current														1.18898%
Weighted Average Cap Down Original														1.21387%
Weighted Average Cap Down Prior														1.18781%
Weighted Average Cap Down Current														1.18898%





Page 11 of 27
Soundview Home Loan Trust 2005-2

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

October 25, 2005 Distribution

SERVICING FEES & ADVANCES

															Total




Current Servicing Fees														75,339.97
Delinquent Servicing Fees														119,732.32
TOTAL SERVICING FEES														195,072.30


Compensating Interest														-23,836.49
Delinquent Servicing Fees														-119,732.32
COLLECTED SERVICING FEES														51,503.49


Aggregate Advances with respect to this Distribution														1,906,627.23





ADDITIONAL COLLATERAL INFORMATION
														Total
Net Prepayment Interest Shortfall														0.00




Page 12 of 27
Soundview Home Loan Trust 2005-2

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

October 25, 2005 Distribution
Delinquency Report

	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				12,835,125.48		5,183,734.93		5,676,916.87		23,695,777.28
			% Balance				2.82%		1.14%		1.25%		5.21%
			# Loans				112		41		46		199
			% # Loans				3.01%		1.10%		1.24%		5.36%
	FORECLOSURE		Balance		0.00		0.00		269,979.57		2,190,446.68		2,460,426.25
			% Balance		0.00%		0.00%		0.06%		0.48%		0.54%
			# Loans		0		0		2		19		21
			% # Loans		0.00%		0.00%		0.05%		0.51%		0.57%
	BANKRUPTCY		Balance		1,052,565.97		63,198.28		545,467.45		1,137,493.18		2,798,724.88
			% Balance		0.23%		0.01%		0.12%		0.25%		0.62%
			# Loans		10		1		5		12		28
			% # Loans		0.27%		0.03%		0.13%		0.32%		0.75%
	REO		Balance		0.00		0.00		0.00		24,659.57		24,659.57
			% Balance		0.00%		0.00%		0.00%		0.01%		0.01%
			# Loans		0		0		0		1		1
			% # Loans		0.00%		0.00%		0.00%		0.03%		0.03%
	TOTAL		Balance		1,052,565.97		12,898,323.76		5,999,181.95		9,029,516.30		28,979,587.98
			% Balance		0.23%		2.84%		1.32%		1.99%		6.38%
			# Loans		10		113		48		78		249
			% # Loans		0.27%		3.04%		1.29%		2.10%		6.70%









Page 13 of 27
Soundview Home Loan Trust 2005-2

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

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
240012053 1
240012053 1			24,800.00		24,659.57		01-May-2005		8.990%		TX - 100.00%		180		01-Jan-2005



TOTAL			24,800.00		24,659.57


Page 14 of 27
Soundview Home Loan Trust 2005-2

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

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
242709935 1
242709935 1			55,200.00		54,585.14		01-May-2005		9.500%		OK - 80.00%		360		01-Nov-2004

246009108 1			314,975.00		312,616.72		01-Apr-2005		7.750%		NV - 70.78%		360		01-Jan-2005
246205213 1			28,660.00		28,388.14		01-Jun-2005		11.990%		MA - 100.00%		240		01-Feb-2005
246807482 1			80,570.00		80,007.13		01-May-2005		8.490%		KY - 88.05%		360		01-Dec-2004
247305166 1			130,400.00		130,400.00		01-May-2005		7.500%		NV - 80.00%		360		01-Feb-2005
251600800 1			128,000.00		127,001.51		01-May-2005		7.390%		UT - 80.00%		360		01-Jan-2005
252004104 1			119,000.00		118,135.88		01-May-2005		8.250%		IN - 85.00%		360		01-Dec-2004
253002998 1			52,843.00		52,564.07		15-Mar-2005		8.800%		MI - 75.49%		360		01-Jan-2005
253101058 1			49,500.00		48,275.32		01-May-2005		7.375%		OR - 76.74%		240		01-Oct-2004
257107337 1			317,709.00		315,910.08		15-Apr-2005		8.990%		NY - 79.83%		360		01-Dec-2004
258212879 1			74,640.00		74,034.77		15-May-2005		8.150%		TX - 80.00%		360		01-Oct-2004
258412715 1			35,000.00		34,718.38		01-May-2005		9.350%		TX - 41.18%		360		01-Aug-2004
258913274 1			187,000.00		185,869.90		15-Apr-2005		8.670%		OK - 100.00%		360		01-Dec-2004
259007100 1			243,000.00		241,591.43		01-Jun-2005		8.875%		MA - 90.00%		360		01-Jan-2005
287800063 1			172,735.00		172,120.41		15-May-2005		10.690%		GA - 71.97%		360		01-Jan-2005
287900446 1			48,000.00		47,851.75		01-May-2005		11.350%		KS - 100.00%		180		01-Feb-2005
288600972 1			141,058.50		140,181.78		15-May-2005		7.990%		NY - 85.49%		360		01-Jan-2005
289500070 1			93,675.00		93,195.47		01-May-2005		8.950%		PA - 75.00%		360		01-Feb-2005
289500093 1			51,300.00		50,999.09		07-May-2005		8.400%		PA - 90.00%		360		01-Feb-2005
1000208980 1			79,000.00		78,674.82		01-Apr-2005		8.750%		MO - 100.00%		360		01-Apr-2005
9500655957 1			73,800.00		73,304.46		01-Mar-2005		7.600%		OH - 90.00%		360		01-Feb-2005


TOTAL			2,476,065.50		2,460,426.25


Page 15 of 27
Soundview Home Loan Trust 2005-2

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

October 25, 2005 Distribution
Prepayment Report

VOLUNTARY PREPAYMENTS
VOLUNTARY PREPAYMENTS

															Total




Current


Number of Paid in Full Loans														83
Number of Repurchased Loans														0
Total Number of Loans Prepaid in Full														83
Curtailments Amount														16,694.53
Paid in Full Balance														13,291,088.51
Repurchased Loans Balance														0.00
Total Prepayment Amount														13,307,783.04

Cumulative


Number of Paid in Full Loans														399
Number of Repurchased Loans														0
Total Number of Loans Prepaid in Full														399
Paid in Full Balance														61,897,734.36
Repurchased Loans Balance														0.00
Curtailments Amount														157,569.94
Total Prepayment Amount														62,055,304.30










Page 16 of 27
Soundview Home Loan Trust 2005-2

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

October 25, 2005 Distribution

VOLUNTARY PREPAYMENTS RATES
VOLUNTARY PREPAYMENTS RATES

															Total



SMM														2.84%
3 Months Avg SMM														3.09%
12 Months Avg SMM														2.58%
Avg SMM Since Cut-off														2.58%


CPR														29.27%
3 Months Avg CPR														31.37%
12 Months Avg CPR														26.93%
Avg CPR Since Cut-off														26.93%


PSA														1,637.40%
3 Months Avg PSA Approximation														1,971.30%
12 Months Avg PSA Approximation														1,908.59%
Avg PSA Since Cut-off Approximation														1,908.59%










Page 17 of 27
Soundview Home Loan Trust 2005-2

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

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 18 of 27
Soundview Home Loan Trust 2005-2

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

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

4157614 1			109,800.00		109,538.29			13-Oct-2005		9.725%		OH - 90.00%		Paid Off - 360		01-May-2005
			109,800.00

4179240 1			128,600.00		128,000.98			22-Sep-2005		6.400%		PA - 73.49%		Paid Off - 360		01-May-2005
4179240 1					128,000.98			22-Sep-2005		6.400%		PA - 73.49%		Paid Off - 360		01-May-2005
4202769 1			201,000.00		200,998.00			16-Sep-2005		7.600%		AZ - 78.82%		Paid Off - 360		01-May-2005
4202769 1					200,998.00			16-Sep-2005		7.600%		AZ - 78.82%		Paid Off - 360		01-May-2005
4288661 1			487,760.00		487,760.00			12-Oct-2005		6.990%		CA - 67.00%		Paid Off - 360		01-May-2005
4288661 1					487,760.00			12-Oct-2005		6.990%		CA - 67.00%		Paid Off - 360		01-May-2005
148903022 1			23,700.00		23,343.19			28-Sep-2005		10.750%		NV - 100.00%		Paid Off - 240		01-Oct-2004
148903022 1					23,343.19			28-Sep-2005		10.750%		NV - 100.00%		Paid Off - 240		01-Oct-2004
148903111 1			172,908.00		171,575.20			19-Sep-2005		7.950%		IL - 90.00%		Paid Off - 360		01-Nov-2004
148903111 1					171,575.20			19-Sep-2005		7.950%		IL - 90.00%		Paid Off - 360		01-Nov-2004
148903131 1			19,213.00		18,916.21			20-Sep-2005		10.100%		IL - 100.00%		Paid Off - 240		01-Nov-2004
148903131 1					18,916.21			20-Sep-2005		10.100%		IL - 100.00%		Paid Off - 240		01-Nov-2004
148903405 1			34,129.30		33,987.69			29-Sep-2005		9.990%		CA - 100.00%		Paid Off - 180		01-Jan-2005
148903405 1					33,987.69			29-Sep-2005		9.990%		CA - 100.00%		Paid Off - 180		01-Jan-2005
148903430 1			357,329.00		357,329.01			16-Sep-2005		6.600%		CA - 80.00%		Paid Off - 360		01-Feb-2005
148903430 1					357,329.01			16-Sep-2005		6.600%		CA - 80.00%		Paid Off - 360		01-Feb-2005
148903608 1			89,332.00		89,082.63			16-Sep-2005		11.250%		CA - 100.00%		Paid Off - 180		01-Feb-2005
148903608 1					89,082.63			16-Sep-2005		11.250%		CA - 100.00%		Paid Off - 180		01-Feb-2005
148903661 1			91,966.00		90,962.03			27-Sep-2005		9.950%		CA - 100.00%		Paid Off - 240		01-Feb-2005
148903661 1					90,962.03			27-Sep-2005		9.950%		CA - 100.00%		Paid Off - 240		01-Feb-2005
148903700 1			55,775.00		55,584.38			29-Sep-2005		10.990%		NV - 100.00%		Paid Off - 180		01-Feb-2005
148903700 1					55,584.38			29-Sep-2005		10.990%		NV - 100.00%		Paid Off - 180		01-Feb-2005
148903781 1			59,005.00		58,449.07			14-Sep-2005		11.100%		MI - 100.00%		Paid Off - 240		01-Feb-2005
148903781 1					58,449.07			14-Sep-2005		11.100%		MI - 100.00%		Paid Off - 240		01-Feb-2005
241217740 1			50,000.00		49,573.86			21-Sep-2005		7.900%		OH - 40.00%		Paid Off - 360		01-Oct-2004
241217740 1					49,573.86			21-Sep-2005		7.900%		OH - 40.00%		Paid Off - 360		01-Oct-2004
241918800 1			224,000.00		222,802.49			20-Sep-2005		7.450%		FL - 100.00%		Paid Off - 360		15-Feb-2005
241918800 1					222,802.49			20-Sep-2005		7.450%		FL - 100.00%		Paid Off - 360		15-Feb-2005
242817901 1			323,972.25		321,735.18			21-Sep-2005		8.500%		AZ - 80.49%		Paid Off - 360		01-Nov-2004
242817901 1					321,735.18			21-Sep-2005		8.500%		AZ - 80.49%		Paid Off - 360		01-Nov-2004
245605736 1			365,200.00		363,045.51			20-Sep-2005		8.250%		NC - 80.00%		Paid Off - 360		01-Jan-2005
245605736 1					363,045.51			20-Sep-2005		8.250%		NC - 80.00%		Paid Off - 360		01-Jan-2005
245706944 1			37,800.00		37,383.02			14-Sep-2005		9.600%		FL - 100.00%		Paid Off - 180		01-Jul-2004
245706944 1					37,383.02			14-Sep-2005		9.600%		FL - 100.00%		Paid Off - 180		01-Jul-2004
246009211 1			493,000.00		493,000.02			02-Sep-2005		6.490%		CA - 85.74%		Paid Off - 360		01-Feb-2005
246009211 1					493,000.02			02-Sep-2005		6.490%		CA - 85.74%		Paid Off - 360		01-Feb-2005
246807178 1			71,000.00		70,299.35			06-Sep-2005		7.150%		KY - 71.00%		Paid Off - 360		01-Oct-2004
246807178 1					70,299.35			06-Sep-2005		7.150%		KY - 71.00%		Paid Off - 360		01-Oct-2004
246807617 1			77,250.00		76,794.58			08-Sep-2005		8.250%		KY - 77.25%		Paid Off - 360		01-Jan-2005
246807617 1					76,794.58			08-Sep-2005		8.250%		KY - 77.25%		Paid Off - 360		01-Jan-2005
246903354 1			195,500.00		194,284.98			09-Sep-2005		7.990%		MD - 66.27%		Paid Off - 360		01-Jan-2005
246903354 1					194,284.98			09-Sep-2005		7.990%		MD - 66.27%		Paid Off - 360		01-Jan-2005
247304731 1			187,872.00		187,872.00			15-Sep-2005		5.250%		NV - 82.40%		Paid Off - 360		01-Jul-2004
247304731 1					187,872.00			15-Sep-2005		5.250%		NV - 82.40%		Paid Off - 360		01-Jul-2004
250900476 1			239,200.00		236,637.32			21-Sep-2005		6.250%		VA - 80.00%		Paid Off - 360		#######
250900476 1					236,637.32			21-Sep-2005		6.250%		VA - 80.00%		Paid Off - 360
251100435 1			380,800.00		380,686.22			27-Sep-2005		5.850%		CA - 80.00%		Paid Off - 360		01-Aug-2004
251100435 1					380,686.22			27-Sep-2005		5.850%		CA - 80.00%		Paid Off - 360		01-Aug-2004
251100532 1			175,000.00		173,190.16			16-Sep-2005		6.500%		CA - 74.47%		Paid Off - 360		01-Nov-2004
251100532 1					173,190.16			16-Sep-2005		6.500%		CA - 74.47%		Paid Off - 360		01-Nov-2004
251400652 1			243,300.00		240,790.14			27-Sep-2005		6.450%		WA - 80.00%		Paid Off - 360		01-Nov-2004
251400652 1					240,790.14			27-Sep-2005		6.450%		WA - 80.00%		Paid Off - 360		01-Nov-2004
252204557 1			167,419.20		166,519.35			30-Sep-2005		8.850%		VT - 80.49%		Paid Off - 360		01-Jan-2005
252204557 1					166,519.35			30-Sep-2005		8.850%		VT - 80.49%		Paid Off - 360		01-Jan-2005
252504546 1			191,250.00		190,435.05			12-Sep-2005		9.250%		WA - 85.00%		Paid Off - 360		01-Feb-2005
252504546 1					190,435.05			12-Sep-2005		9.250%		WA - 85.00%		Paid Off - 360		01-Feb-2005
253301287 1			100,000.00		98,504.90			07-Sep-2005		10.300%		RI - 97.89%		Paid Off - 240		01-Oct-2004
253301287 1					98,504.90			07-Sep-2005		10.300%		RI - 97.89%		Paid Off - 240		01-Oct-2004
255509967 1			41,500.00		41,228.91			09-Sep-2005		11.900%		TX - 50.00%		Paid Off - 360		01-Aug-2004
255509967 1					41,228.91			09-Sep-2005		11.900%		TX - 50.00%		Paid Off - 360		01-Aug-2004
255713087 1			264,215.00		261,459.94			20-Sep-2005		7.850%		TX - 75.49%		Paid Off - 360		01-Oct-2004
255713087 1					261,459.94			20-Sep-2005		7.850%		TX - 75.49%		Paid Off - 360		01-Oct-2004
257204786 1			58,500.00		57,788.41			19-Sep-2005		13.490%		NJ - 99.97%		Paid Off - 240		01-Aug-2004
257204786 1					57,788.41			19-Sep-2005		13.490%		NJ - 99.97%		Paid Off - 240		01-Aug-2004
257802009 1			303,141.50		300,326.04			20-Sep-2005		7.000%		CA - 90.49%		Paid Off - 360		01-Oct-2004
257802009 1					300,326.04			20-Sep-2005		7.000%		CA - 90.49%		Paid Off - 360		01-Oct-2004
258213808 1			81,441.00		80,882.13			07-Sep-2005		7.490%		FL - 90.49%		Paid Off - 360		01-Jan-2005
258213808 1					80,882.13			07-Sep-2005		7.490%		FL - 90.49%		Paid Off - 360		01-Jan-2005
259007246 1			413,000.00		409,591.35			14-Sep-2005		6.750%		CA - 86.95%		Paid Off - 360		01-Dec-2004
259007246 1					409,591.35			14-Sep-2005		6.750%		CA - 86.95%		Paid Off - 360		01-Dec-2004
259915902 1			105,000.00		103,986.89			19-Sep-2005		8.450%		IA - 100.00%		Paid Off - 360		01-Jun-2004
259915902 1					103,986.89					8.450%		IA - 100.00%		Paid Off - 360


Page 19 of 27
Soundview Home Loan Trust 2005-2

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

October 25, 2005 Distribution

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

&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

259916532 1			212,000.00		210,576.93			13-Sep-2005		8.640%		CA - 80.00%		Paid Off - 360		01-Nov-2004
			212,000.00

259916901 1			261,000.00		259,122.65			21-Sep-2005		7.250%		NJ - 90.00%		Paid Off - 360		01-Jan-2005
259916901 1					259,122.65			21-Sep-2005		7.250%		NJ - 90.00%		Paid Off - 360		01-Jan-2005
259916964 1			35,000.00		34,605.07			09-Sep-2005		9.750%		NJ - 100.00%		Paid Off - 240		01-Feb-2005
259916964 1					34,605.07			09-Sep-2005		9.750%		NJ - 100.00%		Paid Off - 240		01-Feb-2005
283100488 1			116,000.00		115,014.65			15-Sep-2005		5.750%		NE - 80.00%		Paid Off - 360		01-Feb-2005
283100488 1					115,014.65			15-Sep-2005		5.750%		NE - 80.00%		Paid Off - 360		01-Feb-2005
283100489 1			29,000.00		28,675.33			15-Sep-2005		9.750%		NE - 100.00%		Paid Off - 240		01-Feb-2005
283100489 1					28,675.33			15-Sep-2005		9.750%		NE - 100.00%		Paid Off - 240		01-Feb-2005
283400615 1			55,490.00		55,273.26			23-Sep-2005		10.250%		GA - 55.49%		Paid Off - 360		01-Jan-2005
283400615 1					55,273.26			23-Sep-2005		10.250%		GA - 55.49%		Paid Off - 360		01-Jan-2005
284102861 1			162,882.00		161,155.07			29-Sep-2005		6.820%		NV - 90.49%		Paid Off - 360		01-Dec-2004
284102861 1					161,155.07			29-Sep-2005		6.820%		NV - 90.49%		Paid Off - 360		01-Dec-2004
284505137 1			235,000.00		233,091.72			15-Sep-2005		5.990%		NV - 85.45%		Paid Off - 360		01-Feb-2005
284505137 1					233,091.72			15-Sep-2005		5.990%		NV - 85.45%		Paid Off - 360		01-Feb-2005
285202173 1			120,000.00		119,212.32			21-Sep-2005		7.100%		NV - 53.57%		Paid Off - 360		01-Feb-2005
285202173 1					119,212.32			21-Sep-2005		7.100%		NV - 53.57%		Paid Off - 360		01-Feb-2005
287200353 1			299,215.00		296,372.00			20-Sep-2005		6.850%		CA - 85.49%		Paid Off - 360		01-Dec-2004
287200353 1					296,372.00			20-Sep-2005		6.850%		CA - 85.49%		Paid Off - 360		01-Dec-2004
287300534 1			172,000.00		172,000.00			08-Sep-2005		6.990%		CA - 80.00%		Paid Off - 360		01-Oct-2004
287300534 1					172,000.00			08-Sep-2005		6.990%		CA - 80.00%		Paid Off - 360		01-Oct-2004
287500045 1			66,744.00		65,883.59			13-Sep-2005		6.590%		FL - 82.40%		Paid Off - 360		01-Jul-2004
287500045 1					65,883.59			13-Sep-2005		6.590%		FL - 82.40%		Paid Off - 360		01-Jul-2004
288002058 1			58,000.00		57,517.21			27-Sep-2005		10.990%		CA - 96.74%		Paid Off - 240		01-Feb-2005
288002058 1					57,517.21			27-Sep-2005		10.990%		CA - 96.74%		Paid Off - 240		01-Feb-2005
288900080 1			202,500.00		200,762.57			20-Sep-2005		6.900%		MA - 81.00%		Paid Off - 360		01-Dec-2004
288900080 1					200,762.57			20-Sep-2005		6.900%		MA - 81.00%		Paid Off - 360		01-Dec-2004
408040428 1			229,500.00		229,500.00			28-Sep-2005		6.990%		CA - 91.80%		Paid Off - 360		01-Nov-2004
408040428 1					229,500.00			28-Sep-2005		6.990%		CA - 91.80%		Paid Off - 360		01-Nov-2004
1000202709 1			120,000.00		119,356.91			29-Sep-2005		8.125%		KS - 80.00%		Paid Off - 360		01-Feb-2005
1000202709 1					119,356.91			29-Sep-2005		8.125%		KS - 80.00%		Paid Off - 360		01-Feb-2005
1000203556 1			86,000.00		85,544.65			03-Oct-2005		7.499%		ID - 100.00%		Paid Off - 360		01-Mar-2005
1000203556 1					85,544.65			03-Oct-2005		7.499%		ID - 100.00%		Paid Off - 360		01-Mar-2005
1000204526 1			51,900.00		51,789.90			07-Oct-2005		11.875%		CA - 95.00%		Paid Off - 180		01-Mar-2005
1000204526 1					51,789.90			07-Oct-2005		11.875%		CA - 95.00%		Paid Off - 180		01-Mar-2005
1000206055 1			220,000.00		220,000.00			03-Oct-2005		6.375%		AZ - 80.00%		Paid Off - 360		01-Apr-2005
1000206055 1					220,000.00			03-Oct-2005		6.375%		AZ - 80.00%		Paid Off - 360		01-Apr-2005
1000206058 1			55,000.00		54,882.81			03-Oct-2005		11.125%		AZ - 100.00%		Paid Off - 180		01-Apr-2005
1000206058 1					54,882.81			03-Oct-2005		11.125%		AZ - 100.00%		Paid Off - 180		01-Apr-2005
1000206143 1			199,500.00		198,285.42			04-Oct-2005		5.999%		CA - 67.63%		Paid Off - 360		01-Apr-2005
1000206143 1					198,285.42			04-Oct-2005		5.999%		CA - 67.63%		Paid Off - 360		01-Apr-2005
1000206274 1			172,000.00		172,000.00			26-Sep-2005		7.125%		OR - 80.00%		Paid Off - 360		01-Apr-2005
1000206274 1					172,000.00			26-Sep-2005		7.125%		OR - 80.00%		Paid Off - 360		01-Apr-2005
1000206279 1			43,000.00		42,945.70			26-Sep-2005		13.490%		OR - 100.00%		Paid Off - 180		01-Apr-2005
1000206279 1					42,945.70			26-Sep-2005		13.490%		OR - 100.00%		Paid Off - 180		01-Apr-2005
1000206301 1			91,980.00		91,839.05			07-Oct-2005		12.625%		MA - 100.00%		Paid Off - 180		01-Apr-2005
1000206301 1					91,839.05			07-Oct-2005		12.625%		MA - 100.00%		Paid Off - 180		01-Apr-2005
1000206589 1			364,800.00		364,800.00			03-Oct-2005		5.375%		CA - 80.00%		Paid Off - 360		01-Apr-2005
1000206589 1					364,800.00			03-Oct-2005		5.375%		CA - 80.00%		Paid Off - 360		01-Apr-2005
1000206592 1			91,200.00		91,198.96			03-Oct-2005		10.250%		CA - 100.00%		Paid Off - 180		01-Apr-2005
1000206592 1					91,198.96			03-Oct-2005		10.250%		CA - 100.00%		Paid Off - 180		01-Apr-2005
1000206775 1			117,600.00		117,600.00			03-Oct-2005		7.500%		AZ - 80.00%		Paid Off - 360		01-Mar-2005
1000206775 1					117,600.00			03-Oct-2005		7.500%		AZ - 80.00%		Paid Off - 360		01-Mar-2005
1000206779 1			29,400.00		29,322.51			03-Oct-2005		10.875%		AZ - 100.00%		Paid Off - 180		01-Mar-2005
1000206779 1					29,322.51			03-Oct-2005		10.875%		AZ - 100.00%		Paid Off - 180		01-Mar-2005
1000206998 1			189,000.00		189,000.00			14-Oct-2005		8.625%		MA - 90.00%		Paid Off - 360		01-Apr-2005
1000206998 1					189,000.00			14-Oct-2005		8.625%		MA - 90.00%		Paid Off - 360		01-Apr-2005
1000207756 1			179,550.00		178,562.81			11-Oct-2005		6.500%		FL - 95.00%		Paid Off - 360		01-Apr-2005
1000207756 1					178,562.81			11-Oct-2005		6.500%		FL - 95.00%		Paid Off - 360		01-Apr-2005
1000207791 1			153,800.00		153,800.00			20-Sep-2005		8.500%		WA - 80.00%		Paid Off - 360		01-Apr-2005
1000207791 1					153,800.00			20-Sep-2005		8.500%		WA - 80.00%		Paid Off - 360		01-Apr-2005
1000207797 1			38,450.00		38,413.57			20-Sep-2005		14.750%		WA - 100.00%		Paid Off - 180		01-Apr-2005
1000207797 1					38,413.57			20-Sep-2005		14.750%		WA - 100.00%		Paid Off - 180		01-Apr-2005
1000208515 1			80,000.00		80,000.00			26-Sep-2005		9.750%		CA - 100.00%		Paid Off - 180		01-Apr-2005
1000208515 1					80,000.00			26-Sep-2005		9.750%		CA - 100.00%		Paid Off - 180		01-Apr-2005
1000208579 1			194,400.00		193,662.25			14-Oct-2005		8.375%		IL - 90.00%		Paid Off - 360		01-Apr-2005
1000208579 1					193,662.25			14-Oct-2005		8.375%		IL - 90.00%		Paid Off - 360		01-Apr-2005
1000208659 1			105,730.00		105,730.00			16-Sep-2005		8.999%		CA - 100.00%		Paid Off - 180		01-Apr-2005
1000208659 1					105,730.00			16-Sep-2005		8.999%		CA - 100.00%		Paid Off - 180		01-Apr-2005
1000209171 1			116,000.00		116,000.00			29-Sep-2005		6.749%		AZ - 80.00%		Paid Off - 360		01-Apr-2005
1000209171 1					116,000.00			29-Sep-2005		6.749%		AZ - 80.00%		Paid Off - 360		01-Apr-2005
1000209453 1			204,000.00		204,000.00			19-Sep-2005		7.125%		CA - 80.00%		Paid Off - 360		01-Apr-2005
1000209453 1					204,000.00			19-Sep-2005		7.125%		CA - 80.00%		Paid Off - 360		01-Apr-2005
1000209459 1			51,000.00		51,000.00			19-Sep-2005		10.999%		CA - 100.00%		Paid Off - 180		01-Apr-2005
1000209459 1					51,000.00					10.999%		CA - 100.00%		Paid Off - 180


Page 20 of 27
Soundview Home Loan Trust 2005-2

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

October 25, 2005 Distribution

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

&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

1000209786 1			242,800.00		242,759.44			03-Oct-2005		5.749%		NE - 80.00%		Paid Off - 360		01-May-2005
			242,800.00

1000209794 1			60,700.00		60,554.03			05-Oct-2005		11.125%		NE - 100.00%		Paid Off - 180		01-May-2005
1000209794 1					60,554.03			05-Oct-2005		11.125%		NE - 100.00%		Paid Off - 180		01-May-2005
1000210016 1			436,800.00		436,800.00			03-Oct-2005		6.250%		FL - 80.00%		Paid Off - 360		01-Apr-2005
1000210016 1					436,800.00			03-Oct-2005		6.250%		FL - 80.00%		Paid Off - 360		01-Apr-2005
1000210021 1			109,200.00		108,825.85			03-Oct-2005		8.875%		FL - 100.00%		Paid Off - 180		01-Apr-2005
1000210021 1					108,825.85			03-Oct-2005		8.875%		FL - 100.00%		Paid Off - 180		01-Apr-2005
1000210175 1			54,900.00		54,765.16			14-Oct-2005		10.500%		PA - 100.00%		Paid Off - 360		01-Apr-2005
1000210175 1					54,765.16			14-Oct-2005		10.500%		PA - 100.00%		Paid Off - 360		01-Apr-2005
9500650198 1			352,500.00		350,443.82			19-Sep-2005		7.700%		NJ - 84.94%		Paid Off - 360		01-Feb-2005
9500650198 1					350,443.82			19-Sep-2005		7.700%		NJ - 84.94%		Paid Off - 360		01-Feb-2005
9500665493 1			50,400.00		49,217.36			12-Oct-2005		8.100%		MD - 90.00%		Paid Off - 180		01-Feb-2005
9500665493 1					49,217.36			12-Oct-2005		8.100%		MD - 90.00%		Paid Off - 180		01-Feb-2005
9500665501 1			216,000.00		214,881.46			21-Sep-2005		8.550%		OH - 90.00%		Paid Off - 360		01-Feb-2005
9500665501 1					214,881.46			21-Sep-2005		8.550%		OH - 90.00%		Paid Off - 360		01-Feb-2005


TOTAL			13,351,819.25		13,291,088.51
TOTAL


Page 21 of 27
Soundview Home Loan Trust 2005-2

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

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														0.00

Cumulative
Cumulative



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










Page 22 of 27
Soundview Home Loan Trust 2005-2

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

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 23 of 27
Soundview Home Loan Trust 2005-2

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

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 24 of 27
Soundview Home Loan Trust 2005-2

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

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 25 of 27
Soundview Home Loan Trust 2005-2

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

October 25, 2005 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS
TRIGGER EVENTS
														Total
						Trigger Event in effect (0=No , 1=Yes)								0
						Stepdown Date has occurred (0 = No, 1=Yes)								0
						Delinquency Percentage								2.316180%
						Ending Balance								454,568,940.09
						Credit Enhancement Percentage (For Trigger)								28.2760%
						Credit Enhancement Percentage (For Step Down)								29.1222%



ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK



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




Page 26 of 27
Soundview Home Loan Trust 2005-2

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

October 25, 2005 Distribution
Additional Certificate Report

ADDITIONAL CERTIFICATE REPORT

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

			A-1							0.100%			$0.00		$0.00
										0.100%			$0.00		$0.00
			A-2							0.160%			$0.00		$0.00
										0.160%			$0.00		$0.00
			A-3							0.250%			$0.00		$0.00
										0.250%			$0.00		$0.00
			A-4							0.350%			$0.00		$0.00
										0.350%			$0.00		$0.00
			M-1							0.430%			$0.00		$0.00
										0.430%			$0.00		$0.00
			M-2							0.440%			$0.00		$0.00
										0.440%			$0.00		$0.00
			M-3							0.480%			$0.00		$0.00
										0.480%			$0.00		$0.00
			M-4							0.630%			$0.00		$0.00
										0.630%			$0.00		$0.00
			M-5							0.660%			$0.00		$0.00
										0.660%			$0.00		$0.00
			M-6							0.720%			$0.00		$0.00
										0.720%			$0.00		$0.00
			M-7							1.200%			$0.00		$0.00
										1.200%			$0.00		$0.00
			M-8							1.300%			$0.00		$0.00
										1.300%			$0.00		$0.00
			M-9							1.770%			$0.00		$0.00
										1.770%			$0.00		$0.00
			B-1							3.250%			$0.00		$0.00
										3.250%			$0.00		$0.00
			B-2							3.250%			$0.00		$0.00
										3.250%			$0.00		$0.00
			B-3							3.000%			$0.00		$0.00
										3.000%			$0.00		$0.00
			B-4							3.000%			$0.01		$0.00
										3.000%			$0.01		$0.00
			B-5							2.500%			$0.00		$0.00
										2.500%			$0.00		$0.00
			C							0.000%			$0.00		$0.00
										0.000%			$0.00		$0.00
			P							0.000%			$0.00		$0.00
										0.000%			$0.00		$0.00
			R							0.000%			$0.00		$0.00
										0.000%			$0.00		$0.00
			R-X							0.000%			$0.00		$0.00
										0.000%			$0.00		$0.00






Page 27 of 27

Soundview Home Loan Trust 2005-2 8-K