
                                    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):  December 27, 2005
                          (Date of earliest event reported)

           Long Beach Securities Corp. (as Depositor under the Pooling
        and Servicing Agreement, dated as November 1, 2005, providing for the
          issuance of Long Beach Mortgage Loan Trust 2005-WL3, Asset-Backed
                       Pass- through Certificates, Series 2005-WL3)
                 (Exact name of registrant as specified in charter)


                                       DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-109318-12                          33-0917586
          (Commission File Number)        (I.R.S. Employer Identification No.)


               1400 South Douglass Road Suite 100
               Anaheim, California                        92806
          (Address of principal executive offices)     (Zip Code)


          Registrant's Telephone Number, Including Area Code:  (714) 939-5200


(Former address:   1100 Town and Country Road Suite 1600
                   Orange, California 92868)

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
     December 27, 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 Long Beach Securities Corp.,
                                  Registrant


          Date:  Dec 29, 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 December 27, 2005.



Long Beach Mortgage Loan Trust 2005-WL3

Asset Backed Certificates
Asset Backed Certificates
2005-WL3

December 27, 2005 Distribution

				External Parties						Table of Contents

													Page
				Seller									Page
				Seller						1. Certificate Payment Report					2
				Long Beach Mortgage Loan Trust						1. Certificate Payment Report					2
				Long Beach Mortgage Loan Trust						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					12
				Certificate Insurer(s)						5. Delinquency Report					12
										6. REO Report					15

				Municipal Bond Investors Assurance Corp.						7. Foreclosure Report					16
										8. Prepayment Report					17
										9. Prepayment Detail Report					20
										9. Prepayment Detail Report					20
										10. Realized Loss Report					23
										11. Realized Loss Detail Report					26
				Servicer(s)						11. Realized Loss Detail Report					26
				Servicer(s)						12. Triggers and Adj. Cert. Report					27
										12. Triggers and Adj. Cert. Report					27
										13. Additional Certificate Report					28


				Underwriter(s)
				CS First Boston
				Wamu Capital Corp


										Total Number of Pages					28
										Total Number of Pages

				Dates						Contacts

				Cut-Off Date:			November 01, 2005			Karlene Benvenuto
				Close Date:			November 30, 2005			Administrator
				First Distribution Date:			December 27, 2005			(714) 247-6284
										Karlene.Benvenuto@db.com
										Karlene.Benvenuto@db.com
										Address:
										1761 East St. Andrew Place, Santa Ana, CA 92705
				Distribution Date:			December 27, 2005
										Factor Information:			(800) 735-7777
				Record Date:			November 30, 2005			Factor Information:			(800) 735-7777
										Main Phone Number:			(714) 247-6000

							December 23, 2005
							December 23, 2005

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






Page 1 of 28
Long Beach Mortgage Loan Trust 2005-WL3

Asset Backed Certificates
Asset Backed Certificates
2005-WL3

December 27, 2005 Distribution
Certificate Payment Report
Current Period Distribution -
					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)

I-A1	SR	$	443,200,000.00		443,200,000.00		1,445,940.00		14,180,969.18		15,626,909.18		0.00		0.00		429,019,030.82
I-A1	SR	$	443,200,000.00		443,200,000.00		1,445,940.00		14,180,969.18		15,626,909.18		0.00		0.00		429,019,030.82
I-A2	SR	$	296,147,000.00		296,147,000.00		1,001,717.23		0.00		1,001,717.23		0.00		0.00		296,147,000.00
I-A3	SR	$	53,138,000.00		53,138,000.00		183,724.64		0.00		183,724.64		0.00		0.00		53,138,000.00
I-A4	SR	$	139,850,000.00		139,850,000.00		467,273.81		2,502,518.71		2,969,792.52		0.00		0.00		137,347,481.29
II-A1	SR	$	393,848,000.00		393,848,000.00		1,276,067.52		15,449,157.55		16,725,225.07		0.00		0.00		378,398,842.45
II-A2A	SR	$	208,958,000.00		208,958,000.00		683,292.66		0.00		683,292.66		0.00		0.00		208,958,000.00
II-A2B	SR	$	52,240,000.00		52,240,000.00		175,526.40		0.00		175,526.40		0.00		0.00		52,240,000.00
II-A3	SR	$	48,392,000.00		48,392,000.00		165,137.70		0.00		165,137.70		0.00		0.00		48,392,000.00
M-1	MEZ	$	108,467,000.00		108,467,000.00		378,278.66		0.00		378,278.66		0.00		0.00		108,467,000.00
M-2	MEZ	$	106,276,000.00		106,276,000.00		373,825.83		0.00		373,825.83		0.00		0.00		106,276,000.00
M-3	MEZ	$	35,060,000.00		35,060,000.00		123,586.50		0.00		123,586.50		0.00		0.00		35,060,000.00
M-4	MEZ	$	52,590,000.00		52,590,000.00		190,901.70		0.00		190,901.70		0.00		0.00		52,590,000.00
M-5	MEZ	$	33,964,000.00		33,964,000.00		125,327.16		0.00		125,327.16		0.00		0.00		33,964,000.00
M-6	MEZ	$	26,295,000.00		26,295,000.00		97,817.40		0.00		97,817.40		0.00		0.00		26,295,000.00
M-7	MEZ	$	33,964,000.00		33,964,000.00		144,431.91		0.00		144,431.91		0.00		0.00		33,964,000.00
M-8	MEZ	$	25,199,000.00		25,199,000.00		112,828.52		0.00		112,828.52		0.00		0.00		25,199,000.00
M-9	MEZ	$	24,104,000.00		24,104,000.00		112,445.16		0.00		112,445.16		0.00		0.00		24,104,000.00
B-1	NOF/SUB	$	21,913,000.00		21,913,000.00		110,441.52		0.00		110,441.52		0.00		0.00		21,913,000.00
B-2	NOF/SUB	$	21,913,000.00		21,913,000.00		110,441.52		0.00		110,441.52		0.00		0.00		21,913,000.00
C	NOF	$	65,738,907.17		65,738,907.17		5,298,083.74		1,196.95		5,299,280.69		0.00		0.00		65,737,710.22
P	NOF	$	100.00		100.00		307,490.66		0.00		307,490.66		0.00		0.00		100.00
R	NOF/RES	$	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total			2,191,257,007.17		2,191,257,007.17		12,884,580.24		32,133,842.39		45,018,422.63		0.00		0.00		2,159,123,164.78
Total





Page 2 of 28
Long Beach Mortgage Loan Trust 2005-WL3

Asset Backed Certificates
Asset Backed Certificates
2005-WL3

December 27, 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)
I-A1	11/30/05		12/26/05		A-Act/360		542514QA5		443,200,000.00		1,000.000000		3.262500		31.996772		35.259272	968.003228
I-A2	11/30/05		12/26/05		A-Act/360		542514QB3		296,147,000.00		1,000.000000		3.382500		0.000000		3.382500	1,000.000000
I-A3	11/30/05		12/26/05		A-Act/360		542514QC1		53,138,000.00		1,000.000000		3.457500		0.000000		3.457500	1,000.000000
I-A4	11/30/05		12/26/05		A-Act/360		542514QD9		139,850,000.00		1,000.000000		3.341250		17.894306		21.235556	982.105694
II-A1	11/30/05		12/26/05		A-Act/360		542514QE7		393,848,000.00		1,000.000000		3.240000		39.226193		42.466193	960.773807
II-A2A	11/30/05		12/26/05		A-Act/360		542514QF4		208,958,000.00		1,000.000000		3.270000		0.000000		3.270000	1,000.000000
II-A2B	11/30/05		12/26/05		A-Act/360		542514PP3		52,240,000.00		1,000.000000		3.360000		0.000000		3.360000	1,000.000000
II-A3	11/30/05		12/26/05		A-Act/360		542514PQ1		48,392,000.00		1,000.000000		3.412500		0.000000		3.412500	1,000.000000
M-1	11/30/05		12/26/05		A-Act/360		542514PR9		108,467,000.00		1,000.000000		3.487500		0.000000		3.487500	1,000.000000
M-2	11/30/05		12/26/05		A-Act/360		542514PS7		106,276,000.00		1,000.000000		3.517500		0.000000		3.517500	1,000.000000
M-3	11/30/05		12/26/05		A-Act/360		542514PT5		35,060,000.00		1,000.000000		3.525000		0.000000		3.525000	1,000.000000
M-4	11/30/05		12/26/05		A-Act/360		542514PU2		52,590,000.00		1,000.000000		3.630000		0.000000		3.630000	1,000.000000
M-5	11/30/05		12/26/05		A-Act/360		542514PV0		33,964,000.00		1,000.000000		3.690000		0.000000		3.690000	1,000.000000
M-6	11/30/05		12/26/05		A-Act/360		542514PW8		26,295,000.00		1,000.000000		3.720000		0.000000		3.720000	1,000.000000
M-7	11/30/05		12/26/05		A-Act/360		542514PX6		33,964,000.00		1,000.000000		4.252500		0.000000		4.252500	1,000.000000
M-8	11/30/05		12/26/05		A-Act/360		542514PY4		25,199,000.00		1,000.000000		4.477500		0.000000		4.477500	1,000.000000
M-9	11/30/05		12/26/05		A-Act/360		542514PZ1		24,104,000.00		1,000.000000		4.665000		0.000000		4.665000	1,000.000000
B-1	11/30/05		12/26/05		A-Act/360		542514QG2		21,913,000.00		1,000.000000		5.040000		0.000000		5.040000	1,000.000000
B-2	11/30/05		12/26/05		A-Act/360		542514QH0		21,913,000.00		1,000.000000		5.040000		0.000000		5.040000	1,000.000000
C	11/01/05		11/30/05		F-30/360		542514QJ6		65,738,907.17		1,000.000000		80.592817		0.018208		80.611025	999.981792
P	11/01/05		11/30/05		F-30/360		542514QK3		100.00		1,000.000000		3,074,906.600000		0.000000		3,074,906.600000	1,000.000000
R	11/01/05		11/30/05		F-30/360		542514QL1		0.00		0.000000		0.000000		0.000000		0.000000	0.000000




Page 3 of 28
Long Beach Mortgage Loan Trust 2005-WL3

Asset Backed Certificates
Asset Backed Certificates
2005-WL3

December 27, 2005 Distribution

Distribution to Date -
																	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)
I-A1	443,200,000.00		1,445,940.00		13,701,412.74		479,556.44		14,180,969.18		15,626,909.18		0.00		0.00		429,019,030.82
I-A2	296,147,000.00		1,001,717.23		0.00		0.00		0.00		1,001,717.23		0.00		0.00		296,147,000.00
I-A3	53,138,000.00		183,724.64		0.00		0.00		0.00		183,724.64		0.00		0.00		53,138,000.00
I-A4	139,850,000.00		467,273.81		2,502,518.71		0.00		2,502,518.71		2,969,792.52		0.00		0.00		137,347,481.29
II-A1	393,848,000.00		1,276,067.52		14,926,714.91		522,442.64		15,449,157.55		16,725,225.07		0.00		0.00		378,398,842.45
II-A2A	208,958,000.00		683,292.66		0.00		0.00		0.00		683,292.66		0.00		0.00		208,958,000.00
II-A2B	52,240,000.00		175,526.40		0.00		0.00		0.00		175,526.40		0.00		0.00		52,240,000.00
II-A3	48,392,000.00		165,137.70		0.00		0.00		0.00		165,137.70		0.00		0.00		48,392,000.00
M-1	108,467,000.00		378,278.66		0.00		0.00		0.00		378,278.66		0.00		0.00		108,467,000.00
M-2	106,276,000.00		373,825.83		0.00		0.00		0.00		373,825.83		0.00		0.00		106,276,000.00
M-3	35,060,000.00		123,586.50		0.00		0.00		0.00		123,586.50		0.00		0.00		35,060,000.00
M-4	52,590,000.00		190,901.70		0.00		0.00		0.00		190,901.70		0.00		0.00		52,590,000.00
M-5	33,964,000.00		125,327.16		0.00		0.00		0.00		125,327.16		0.00		0.00		33,964,000.00
M-6	26,295,000.00		97,817.40		0.00		0.00		0.00		97,817.40		0.00		0.00		26,295,000.00
M-7	33,964,000.00		144,431.91		0.00		0.00		0.00		144,431.91		0.00		0.00		33,964,000.00
M-8	25,199,000.00		112,828.52		0.00		0.00		0.00		112,828.52		0.00		0.00		25,199,000.00
M-9	24,104,000.00		112,445.16		0.00		0.00		0.00		112,445.16		0.00		0.00		24,104,000.00
B-1	21,913,000.00		110,441.52		0.00		0.00		0.00		110,441.52		0.00		0.00		21,913,000.00
B-2	21,913,000.00		110,441.52		0.00		0.00		0.00		110,441.52		0.00		0.00		21,913,000.00
C	65,738,907.17		5,298,083.74		1,156.47		40.48		1,196.95		5,299,280.69		0.00		0.00		65,737,710.22
P	100.00		307,490.66		0.00		0.00		0.00		307,490.66		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	2,191,257,007.17		12,884,580.24		31,131,802.83		1,002,039.56		32,133,842.39		45,018,422.63		0.00		0.00		2,159,123,164.78



Page 4 of 28
Long Beach Mortgage Loan Trust 2005-WL3

Asset Backed Certificates
Asset Backed Certificates
2005-WL3

December 27, 2005 Distribution

Interest Detail -
	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)
I-A1	4.35000%		443,200,000.00		1,445,940.00		0.00		0.00		0.00		1,445,940.00		1,445,940.00		0.00
I-A2	4.51000%		296,147,000.00		1,001,717.23		0.00		0.00		0.00		1,001,717.23		1,001,717.23		0.00
I-A3	4.61000%		53,138,000.00		183,724.64		0.00		0.00		0.00		183,724.64		183,724.64		0.00
I-A4	4.45500%		139,850,000.00		467,273.81		0.00		0.00		0.00		467,273.81		467,273.81		0.00
II-A1	4.32000%		393,848,000.00		1,276,067.52		0.00		0.00		0.00		1,276,067.52		1,276,067.52		0.00
II-A2A	4.36000%		208,958,000.00		683,292.66		0.00		0.00		0.00		683,292.66		683,292.66		0.00
II-A2B	4.48000%		52,240,000.00		175,526.40		0.00		0.00		0.00		175,526.40		175,526.40		0.00
II-A3	4.55000%		48,392,000.00		165,137.70		0.00		0.00		0.00		165,137.70		165,137.70		0.00
M-1	4.65000%		108,467,000.00		378,278.66		0.00		0.00		0.00		378,278.66		378,278.66		0.00
M-2	4.69000%		106,276,000.00		373,825.83		0.00		0.00		0.00		373,825.83		373,825.83		0.00
M-3	4.70000%		35,060,000.00		123,586.50		0.00		0.00		0.00		123,586.50		123,586.50		0.00
M-4	4.84000%		52,590,000.00		190,901.70		0.00		0.00		0.00		190,901.70		190,901.70		0.00
M-5	4.92000%		33,964,000.00		125,327.16		0.00		0.00		0.00		125,327.16		125,327.16		0.00
M-6	4.96000%		26,295,000.00		97,817.40		0.00		0.00		0.00		97,817.40		97,817.40		0.00
M-7	5.67000%		33,964,000.00		144,431.91		0.00		0.00		0.00		144,431.91		144,431.91		0.00
M-8	5.97000%		25,199,000.00		112,828.52		0.00		0.00		0.00		112,828.52		112,828.52		0.00
M-9	6.22000%		24,104,000.00		112,445.16		0.00		0.00		0.00		112,445.16		112,445.16		0.00
B-1	6.72000%		21,913,000.00		110,441.52		0.00		0.00		0.00		110,441.52		110,441.52		0.00
B-2	6.72000%		21,913,000.00		110,441.52		0.00		0.00		0.00		110,441.52		110,441.52		0.00
C	96.71138%		65,738,907.17		0.00		394.32		0.00		0.00		-394.32		5,298,083.74		0.00
P	0.00000%		100.00		0.00		0.00		0.00		0.00		0.00		307,490.66		0.00
R	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total			2,191,257,007.17		7,279,005.84		394.32		0.00		0.00		7,278,611.52		12,884,580.24		0.00



Page 5 of 28
Long Beach Mortgage Loan Trust 2005-WL3

Asset Backed Certificates
Asset Backed Certificates
2005-WL3

December 27, 2005 Distribution
Collection Account Report
SUMMARY
SUMMARY
										Group 2		Group 1		Total
Principal Collections										15,449,733.03		16,684,109.36		32,133,842.39
Principal Withdrawals										0.00		0.00		0.00
Principal Other Accounts										0.00		0.00		0.00
TOTAL NET PRINCIPAL										15,449,733.03		16,684,109.36		32,133,842.39
Interest Collections										5,651,886.35		7,605,540.44		13,257,426.79
Interest Withdrawals										-0.00		-0.00		-0.00
Interest Fees										-276,398.46		-382,841.58		-680,337.21
Interest Other Accounts										0.00		307,490.66		307,490.66
TOTAL NET INTEREST										5,375,487.89		7,530,189.50		12,884,580.24
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION										20,825,220.92		24,214,298.86		45,018,422.63



PRINCIPAL - COLLECTIONS
PRINCIPAL - COLLECTIONS
											Group 2		Group 1		Total
Scheduled Principal Received											404,094.54		597,945.01		1,002,039.55
Curtailments											16,038.81		26,544.19		42,583.00
Prepayments In Full											15,029,599.68		16,059,620.16		31,089,219.84
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											-129,389.27		-164,868.52		-294,257.79
Realized Losses											-0.00		-0.00		-0.00
Advanced Principal											129,389.27		164,868.52		294,257.79
TOTAL PRINCIPAL COLLECTED											15,449,733.03		16,684,109.36		32,133,842.39


PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK



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





Page 6 of 28
Long Beach Mortgage Loan Trust 2005-WL3

Asset Backed Certificates
Asset Backed Certificates
2005-WL3

December 27, 2005 Distribution

INTEREST - COLLECTIONS
INTEREST - COLLECTIONS
										Group 2		Group 1		Total
Scheduled Interest										5,768,310.79		7,743,294.03		13,511,604.82
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										-8,742.71		-12,194.83		-20,937.54
Delinquent Interest										-1,771,808.33		-2,111,497.72		-3,883,306.05
Compensating Interest										8,742.71		12,194.83		20,937.54
Civil Relief Act Shortfalls										-191.49		-202.83		-394.32
Interest Advanced										1,655,575.38		1,973,946.96		3,629,522.34
TOTAL INTEREST COLLECTED										5,651,886.35		7,605,540.44		13,257,426.79


INTEREST - WITHDRAWALS
INTEREST - WITHDRAWALS
										Group 2		Group 1		Total
TOTAL INTEREST WITHDRAWALS										0.00		0.00		0.00



INTEREST - OTHER ACCOUNTS
INTEREST - OTHER ACCOUNTS
										Group 2		Group 1		Total
Prepayment Charges										0.00		307,490.66		307,490.66
TOTAL INTEREST OTHER ACCOUNTS										0.00		307,490.66		307,490.66



INTEREST - FEES
INTEREST - FEES
										Group 2		Group 1		Total
Current Servicing Fees										276,398.46		382,841.58		659,240.04
Class I-A4 Premium														6,992.50
Swap Payment(Receipt)														14,104.67
TOTAL INTEREST FEES										276,398.46		382,841.58		680,337.21




Page 7 of 28
Long Beach Mortgage Loan Trust 2005-WL3

Asset Backed Certificates
Asset Backed Certificates
2005-WL3

December 27, 2005 Distribution
Credit Enhancement Report
ACCOUNTS
ACCOUNTS
										Group 2		Group 1		Total
Ending Reserve Fund Account Balance														1,000.00



INSURANCE

SPACE INTENTIONALLY LEFT BLANK



STRUCTURAL FEATURES
STRUCTURAL FEATURES
										Group 2		Group 1		Total
Overcollateralized Amount - Prior Period														65,738,907.17
Current Period Losses														0.00
Overcollateralized Amount - After Current Losses														65,738,907.17

Overcollateralization Increase Amount														0.00
Overcollateralization Reduction Amount														1,196.95
Overcollateralization Amount - Ending														65,737,710.22

Overcollateralization Deficiency Amount														0.00
Required Overcollateralized Amount														65,737,710.22




Page 8 of 28
Long Beach Mortgage Loan Trust 2005-WL3

Asset Backed Certificates
Asset Backed Certificates
2005-WL3

December 27, 2005 Distribution
Collateral Report


COLLATERAL



											Group 2		Group 1		Total



Loan Count:


Original										2,484		7,120		9,604
Prior										2,484		7,120		9,604
Prefunding										0		0		0
Scheduled Paid Offs										-0		-0		-0
Full Voluntary Prepayments										-35		-77		-112
Repurchases										-0		-0		-0
Liquidations										-0		-0		-0
Current										2,449		7,043		9,492
Principal Balance:


Original										942,315,381.64		1,248,941,625.53		2,191,257,007.17
Prior										942,315,381.64		1,248,941,625.53		2,191,257,007.17
Prefunding										0.00		0.00		0.00
Scheduled Principal										-404,094.54		-597,945.01		-1,002,039.55
Partial Prepayments										-16,038.81		-26,544.19		-42,583.00
Full Voluntary Prepayments										-15,029,599.68		-16,059,620.16		-31,089,219.84
Repurchases										-0.00		-0.00		-0.00
Liquidations										-0.00		-0.00		-0.00
Current										926,865,648.61		1,232,257,516.17		2,159,123,164.78





PREFUNDING

SPACE INTENTIONALLY LEFT BLANK






Page 9 of 28
Long Beach Mortgage Loan Trust 2005-WL3

Asset Backed Certificates
Asset Backed Certificates
2005-WL3

December 27, 2005 Distribution

CHARACTERISTICS
CHARACTERISTICS
										Group 2		Group 1		Total
Weighted Average Coupon Original										7.34571%		7.43986%		7.39937%
Weighted Average Coupon Prior										7.34571%		7.43986%		7.39937%
Weighted Average Coupon Current										7.34571%		7.43986%		7.39937%
Weighted Average Months to Maturity Original										411		401		405
Weighted Average Months to Maturity Prior										411		401		405
Weighted Average Months to Maturity Current										411		401		405
Weighted Avg Remaining Amortization Term Original										411		401		405
Weighted Avg Remaining Amortization Term Prior										411		401		405
Weighted Avg Remaining Amortization Term Current										411		401		405
Weighted Average Seasoning Original										3.99		4.01		4.00
Weighted Average Seasoning Prior										3.99		4.01		4.00
Weighted Average Seasoning Current										3.99		4.01		4.00









Page 10 of 28
Long Beach Mortgage Loan Trust 2005-WL3

Asset Backed Certificates
Asset Backed Certificates
2005-WL3

December 27, 2005 Distribution

ARM CHARACTERISTICS
ARM CHARACTERISTICS
										Group 2		Group 1		Total
Weighted Average Margin Original										5.07101%		5.06789%		5.06925%
Weighted Average Margin Prior										5.07101%		5.06789%		5.06925%
Weighted Average Margin Current										5.07101%		5.06789%		5.06925%
Weighted Average Max Rate Original										13.34097%		13.42387%		13.38770%
Weighted Average Max Rate Prior										13.34097%		13.42387%		13.38770%
Weighted Average Max Rate Current										13.34097%		13.42387%		13.38770%
Weighted Average Min Rate Original										7.34097%		7.42388%		7.38771%
Weighted Average Min Rate Prior										7.34097%		7.42388%		7.38771%
Weighted Average Min Rate Current										7.34097%		7.42388%		7.38771%
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										276,398.46		382,841.58		659,240.04
Delinquent Servicing Fees										116,232.95		137,550.76		253,783.71
TOTAL SERVICING FEES										392,631.41		520,392.34		913,023.75


Total Servicing Fees										392,631.41		520,392.34		913,023.75
Compensating Interest										-8,742.71		-12,194.83		-20,937.54
Delinquent Servicing Fees										-116,232.95		-137,550.76		-253,783.71
COLLECTED SERVICING FEES										267,655.75		370,646.75		638,302.50


Total Advanced Interest										1,655,575.38		1,973,946.96		3,629,522.34
Total Advanced Principal										129,389.27		164,868.52		294,257.79
Aggregate Advances with respect to this Distribution										1,784,964.65		2,138,815.47		3,923,780.12





ADDITIONAL COLLATERAL INFORMATION
										Group 2		Group 1		Total
Prepayment Interest Shortfall (PPIS)										8,742.71		12,194.83		20,937.54
Compensating Interest										-8,742.71		-12,194.83		-20,937.54
Net Prepayment Interest Shortfall (PPIS)										0.00		0.00		0.00


Ending Pool Stated Principal Balance										926,865,648.61		1,232,257,516.17		2,159,123,164.78
Weighted Average Net Mortgage Rate														7.063934%




Page 11 of 28
Long Beach Mortgage Loan Trust 2005-WL3

Asset Backed Certificates
Asset Backed Certificates
2005-WL3

December 27, 2005 Distribution
Delinquency Report

	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				35,986,422.81		0.00		0.00		35,986,422.81
			% Balance				1.67%		0.00%		0.00%		1.67%
			# Loans				167		0		0		167
			% # Loans				1.76%		0.00%		0.00%		1.76%
	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		617,679.52		0.00		0.00		0.00		617,679.52
			% Balance		0.03%		0.00%		0.00%		0.00%		0.03%
			# Loans		5		0		0		0		5
			% # Loans		0.05%		0.00%		0.00%		0.00%		0.05%
	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		617,679.52		35,986,422.81		0.00		0.00		36,604,102.33
			% Balance		0.03%		1.67%		0.00%		0.00%		1.70%
			# Loans		5		167		0		0		172
			% # Loans		0.05%		1.76%		0.00%		0.00%		1.81%








Page 12 of 28
Long Beach Mortgage Loan Trust 2005-WL3

Asset Backed Certificates
Asset Backed Certificates
2005-WL3

December 27, 2005 Distribution


	GROUP 1
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				17,344,912.70		0.00		0.00		17,344,912.70
			% Balance				1.41%		0.00%		0.00%		1.41%
			# Loans				114		0		0		114
			% # Loans				1.62%		0.00%		0.00%		1.62%
	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		270,722.78		0.00		0.00		0.00		270,722.78
			% Balance		0.02%		0.00%		0.00%		0.00%		0.02%
			# Loans		3		0		0		0		3
			% # Loans		0.04%		0.00%		0.00%		0.00%		0.04%
	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		270,722.78		17,344,912.70		0.00		0.00		17,615,635.48
			% Balance		0.02%		1.41%		0.00%		0.00%		1.43%
			# Loans		3		114		0		0		117
			% # Loans		0.04%		1.62%		0.00%		0.00%		1.66%










Page 13 of 28
Long Beach Mortgage Loan Trust 2005-WL3

Asset Backed Certificates
Asset Backed Certificates
2005-WL3

December 27, 2005 Distribution

	GROUP 2
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				18,641,510.11		0.00		0.00		18,641,510.11
			% Balance				2.01%		0.00%		0.00%		2.01%
			# Loans				53		0		0		53
			% # Loans				2.16%		0.00%		0.00%		2.16%
	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		346,956.74		0.00		0.00		0.00		346,956.74
			% Balance		0.04%		0.00%		0.00%		0.00%		0.04%
			# Loans		2		0		0		0		2
			% # Loans		0.08%		0.00%		0.00%		0.00%		0.08%
	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		346,956.74		18,641,510.11		0.00		0.00		18,988,466.85
			% Balance		0.04%		2.01%		0.00%		0.00%		2.05%
			# Loans		2		53		0		0		55
			% # Loans		0.08%		2.16%		0.00%		0.00%		2.25%









Page 14 of 28
Long Beach Mortgage Loan Trust 2005-WL3

Asset Backed Certificates
Asset Backed Certificates
2005-WL3

December 27, 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 15 of 28
Long Beach Mortgage Loan Trust 2005-WL3

Asset Backed Certificates
Asset Backed Certificates
2005-WL3

December 27, 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 16 of 28
Long Beach Mortgage Loan Trust 2005-WL3

Asset Backed Certificates
Asset Backed Certificates
2005-WL3

December 27, 2005 Distribution
Prepayment Report

VOLUNTARY PREPAYMENTS
VOLUNTARY PREPAYMENTS

											Group 2		Group 1		Total




Current


Number of Paid in Full Loans										35		77		112
Number of Repurchased Loans										0		0		0
Total Number of Loans Prepaid in Full										35		77		112
Curtailments Amount										16,038.81		26,544.19		42,583.00
Paid in Full Balance										15,029,599.68		16,059,620.16		31,089,219.84
Repurchased Loans Balance										0.00		0.00		0.00
Total Prepayment Amount										15,045,638.49		16,086,164.35		31,131,802.84

Cumulative


Number of Paid in Full Loans										35		77		112
Number of Repurchased Loans										0		0		0
Total Number of Loans Prepaid in Full										35		77		112
Paid in Full Balance										15,029,599.68		16,059,620.16		31,089,219.84
Repurchased Loans Balance										0.00		0.00		0.00
Curtailments Amount										16,038.81		26,544.19		42,583.00
Total Prepayment Amount										15,045,638.49		16,086,164.35		31,131,802.84










Page 17 of 28
Long Beach Mortgage Loan Trust 2005-WL3

Asset Backed Certificates
Asset Backed Certificates
2005-WL3

December 27, 2005 Distribution

VOLUNTARY PREPAYMENTS RATES
VOLUNTARY PREPAYMENTS RATES

											Group 2		Group 1		Total



SMM										1.60%		1.29%		1.42%
3 Months Avg SMM										1.60%		1.29%		1.42%
12 Months Avg SMM										1.60%		1.29%		1.42%
Avg SMM Since Cut-off										1.60%		1.29%		1.42%


CPR										17.57%		14.41%		15.78%
3 Months Avg CPR										17.57%		14.41%		15.78%
12 Months Avg CPR										17.57%		14.41%		15.78%
Avg CPR Since Cut-off										17.57%		14.41%		15.78%


PSA										2,200.57%		1,796.42%		1,971.40%
3 Months Avg PSA Approximation										2,200.57%		1,796.42%		1,971.41%
12 Months Avg PSA Approximation										2,200.57%		1,796.42%		1,971.41%
Avg PSA Since Cut-off Approximation										2,200.57%		1,796.42%		1,971.41%










Page 18 of 28
Long Beach Mortgage Loan Trust 2005-WL3

Asset Backed Certificates
Asset Backed Certificates
2005-WL3

December 27, 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 28
Long Beach Mortgage Loan Trust 2005-WL3

Asset Backed Certificates
Asset Backed Certificates
2005-WL3

December 27, 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

666797121 2			380,000.00		380,000.00			28-Nov-2005		6.700%		CA - 65.52%		Paid Off - 360		01-Mar-2005
666797121 2			380,000.00		380,000.00			28-Nov-2005		6.700%		CA - 65.52%		Paid Off - 360		01-Mar-2005
667080741 1			238,000.00		236,740.17			02-Dec-2005		7.500%		NJ - 86.55%		Paid Off - 360		01-May-2005
695207209 1			260,000.00		259,408.94			23-Nov-2005		7.100%		CA - 80.00%		Paid Off - 480		01-Jun-2005
695384560 2			580,500.00		579,500.14			12-Dec-2005		7.400%		CA - 90.00%		Paid Off - 480		01-Jul-2005
695439711 1			355,500.00		354,878.98			09-Dec-2005		7.350%		CA - 90.00%		Paid Off - 480		01-Jul-2005
695502674 2			176,000.00		175,486.22			29-Nov-2005		8.750%		PA - 74.89%		Paid Off - 360		01-Jul-2005
695537829 1			165,000.00		164,508.39			17-Nov-2005		8.650%		FL - 78.57%		Paid Off - 360		01-Jul-2005
695588814 1			96,900.00		96,647.74			12-Dec-2005		8.200%		CA - 95.00%		Paid Off - 360		01-Aug-2005
695687624 2			369,000.00		368,019.68			07-Dec-2005		8.100%		IL - 90.00%		Paid Off - 360		01-Aug-2005
695701664 2			130,500.00		130,202.57			29-Nov-2005		8.850%		IL - 90.00%		Paid Off - 360		01-Aug-2005
695704494 1			214,400.00		213,782.66			22-Nov-2005		7.700%		MD - 80.00%		Paid Off - 360		01-Aug-2005
695719559 1			207,000.00		206,842.86			30-Nov-2005		8.450%		FL - 90.00%		Paid Off - 480		01-Sep-2005
695743179 2			412,250.00		411,300.65			13-Dec-2005		8.800%		CA - 74.96%		Paid Off - 360		01-Aug-2005
695747733 1			320,000.00		319,578.74			05-Dec-2005		7.550%		CA - 80.00%		Paid Off - 480		01-Aug-2005
695751990 1			168,000.00		168,000.00			06-Dec-2005		7.400%		MD - 80.00%		Paid Off - 360		01-Aug-2005
695762583 1			219,600.00		219,218.18			30-Nov-2005		8.750%		CT - 90.00%		Paid Off - 360		01-Sep-2005
695779132 1			189,600.00		189,353.91			21-Nov-2005		7.600%		MD - 80.00%		Paid Off - 480		01-Aug-2005
695779892 2			391,400.00		390,328.24			02-Dec-2005		7.950%		FL - 95.00%		Paid Off - 360		01-Aug-2005
695782250 1			171,000.00		171,000.00			06-Dec-2005		6.450%		CA - 79.54%		Paid Off - 360		01-Aug-2005
695793844 1			444,900.00		444,093.98			23-Nov-2005		8.550%		IL - 89.99%		Paid Off - 360		01-Sep-2005
695800557 1			202,500.00		201,939.87			01-Dec-2005		7.900%		RI - 90.00%		Paid Off - 360		01-Aug-2005
695807941 1			408,500.00		408,040.69			22-Nov-2005		8.100%		CA - 95.00%		Paid Off - 480		01-Aug-2005
695815365 1			166,283.00		166,008.43			18-Nov-2005		9.000%		AZ - 85.00%		Paid Off - 360		01-Sep-2005
695817635 1			352,000.00		351,103.37			16-Nov-2005		6.850%		CT - 80.00%		Paid Off - 360		01-Sep-2005
695818658 2			495,354.46		494,309.37			30-Nov-2005		7.800%		CA - 76.21%		Paid Off - 360		01-Sep-2005
695821777 1			180,489.00		180,144.87			22-Nov-2005		8.300%		FL - 90.00%		Paid Off - 360		01-Sep-2005
695823195 1			297,000.00		296,656.26			06-Dec-2005		8.000%		FL - 90.00%		Paid Off - 480		01-Aug-2005
695832873 1			162,000.00		161,844.76			02-Dec-2005		8.650%		AZ - 87.57%		Paid Off - 480		01-Aug-2005
695847103 2			450,000.00		450,000.00			22-Nov-2005		5.650%		CA - 84.11%		Paid Off - 360		01-Sep-2005
695848705 1			198,050.00		197,800.16			05-Dec-2005		7.700%		FL - 85.00%		Paid Off - 480		01-Aug-2005
695856856 1			270,000.00		269,271.76			12-Dec-2005		8.025%		IL - 90.00%		Paid Off - 360		01-Aug-2005
695868091 2			875,000.00		873,190.74			12-Dec-2005		7.900%		IL - 79.55%		Paid Off - 360		01-Sep-2005
695876599 1			287,910.00		287,638.51			06-Dec-2005		7.700%		MD - 90.00%		Paid Off - 480		01-Sep-2005
695882266 1			108,000.00		107,870.11			18-Nov-2005		10.500%		NC - 90.00%		Paid Off - 360		01-Sep-2005
695886689 1			68,760.00		68,641.65			29-Nov-2005		8.800%		FL - 90.00%		Paid Off - 360		01-Sep-2005
695888735 1			121,500.00		121,225.07			14-Dec-2005		7.450%		SC - 90.00%		Paid Off - 360		01-Sep-2005
695895003 1			174,500.00		174,202.79			17-Nov-2005		8.850%		AK - 100.00%		Paid Off - 360		01-Sep-2005
695895292 2			360,000.00		359,169.90			12-Dec-2005		7.400%		AZ - 80.00%		Paid Off - 360		01-Sep-2005
695903260 1			156,000.00		155,629.05			16-Nov-2005		7.200%		CT - 80.00%		Paid Off - 360		01-Sep-2005
695903393 1			480,000.00		478,665.62			29-Nov-2005		6.400%		HI - 80.00%		Paid Off - 360		01-Sep-2005
695918730 1			300,000.00		299,648.13			02-Dec-2005		8.675%		NJ - 80.00%		Paid Off - 360		01-Oct-2005


Page 20 of 28
Long Beach Mortgage Loan Trust 2005-WL3

Asset Backed Certificates
Asset Backed Certificates
2005-WL3

December 27, 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

695924258 1			156,750.00		156,384.59			23-Nov-2005		7.300%		FL - 95.00%		Paid Off - 360		01-Sep-2005
695924258 1			156,750.00		156,384.59			23-Nov-2005		7.300%		FL - 95.00%		Paid Off - 360		01-Sep-2005
695927673 1			220,000.00		220,000.00			06-Dec-2005		6.950%		UT - 80.00%		Paid Off - 360		01-Sep-2005
695932707 1			206,910.00		206,761.87			01-Dec-2005		8.650%		IL - 90.00%		Paid Off - 480		01-Sep-2005
695934273 1			256,500.00		256,072.09			17-Nov-2005		8.950%		IL - 90.00%		Paid Off - 360		01-Sep-2005
695937474 2			296,400.00		295,823.26			30-Nov-2005		8.200%		NJ - 95.00%		Paid Off - 360		01-Sep-2005
695941674 1			348,500.00		348,136.95			09-Dec-2005		7.350%		CA - 85.00%		Paid Off - 480		01-Sep-2005
695946723 1			252,998.00		252,347.21			09-Dec-2005		6.800%		AZ - 79.94%		Paid Off - 360		01-Sep-2005
695949172 1			185,000.00		184,505.23			07-Dec-2005		6.600%		NJ - 53.62%		Paid Off - 360		01-Sep-2005
695949263 1			242,250.00		241,712.66			25-Nov-2005		7.550%		UT - 85.00%		Paid Off - 360		01-Sep-2005
695949289 1			148,500.00		148,230.98			25-Nov-2005		8.550%		UT - 90.00%		Paid Off - 360		01-Sep-2005
695949339 2			75,600.00		75,524.83			30-Nov-2005		7.600%		MD - 90.00%		Paid Off - 480		01-Sep-2005
695950659 1			270,000.00		269,730.45			18-Nov-2005		7.500%		MD - 90.00%		Paid Off - 480		01-Sep-2005
695951228 1			247,500.00		247,245.81			13-Dec-2005		7.400%		NJ - 90.00%		Paid Off - 480		01-Sep-2005
695955328 1			139,500.00		139,196.70			09-Dec-2005		7.650%		WI - 90.00%		Paid Off - 360		01-Sep-2005
695958124 1			221,200.00		220,695.60			01-Dec-2005		7.425%		IL - 80.00%		Paid Off - 360		01-Sep-2005
695962746 2			383,296.00		383,041.06			09-Dec-2005		8.900%		CA - 89.26%		Paid Off - 480		01-Sep-2005
695968461 2			418,400.00		417,945.28			14-Dec-2005		7.200%		CA - 80.00%		Paid Off - 480		01-Sep-2005
695968610 1			82,800.00		82,681.90			23-Nov-2005		9.700%		AL - 90.00%		Paid Off - 360		01-Sep-2005
695969089 1			173,600.00		173,394.77			01-Dec-2005		6.900%		IL - 80.00%		Paid Off - 480		01-Sep-2005
695970152 2			420,000.00		418,832.44			21-Nov-2005		6.400%		MA - 80.00%		Paid Off - 360		01-Sep-2005
695971010 1			308,000.00		307,309.96			22-Nov-2005		7.500%		IL - 80.00%		Paid Off - 360		01-Sep-2005
695973941 1			257,400.00		257,164.14			23-Nov-2005		7.800%		CA - 90.00%		Paid Off - 480		01-Sep-2005
695975557 1			105,000.00		104,854.87			13-Dec-2005		7.900%		IL - 70.00%		Paid Off - 360		01-Oct-2005
695977405 1			60,210.00		60,084.24			16-Nov-2005		7.850%		MO - 90.00%		Paid Off - 360		01-Sep-2005
695986299 1			224,000.00		222,869.93			07-Dec-2005		7.250%		CA - 77.24%		Paid Off - 480		01-Sep-2005
695990234 1			174,250.00		173,976.88			30-Nov-2005		9.250%		MD - 85.00%		Paid Off - 360		01-Sep-2005
695993667 1			91,215.00		91,048.06			25-Nov-2005		8.500%		IL - 86.05%		Paid Off - 360		01-Sep-2005
696009505 1			63,200.00		63,086.66			06-Dec-2005		8.600%		WI - 80.00%		Paid Off - 360		01-Sep-2005
696012707 1			126,000.00		125,764.23			07-Dec-2005		8.550%		CO - 90.00%		Paid Off - 360		01-Sep-2005
696014422 1			96,300.00		96,129.06			14-Dec-2005		8.650%		TN - 90.00%		Paid Off - 360		01-Sep-2005
696025634 2			396,000.00		396,000.00			13-Dec-2005		6.950%		MD - 90.00%		Paid Off - 360		01-Sep-2005
696025725 2			580,500.00		580,019.12			21-Nov-2005		8.150%		IL - 90.00%		Paid Off - 480		01-Sep-2005
696035294 1			137,750.00		137,713.58			06-Dec-2005		10.600%		MD - 95.00%		Paid Off - 480		01-Oct-2005
696036136 2			120,000.00		119,913.32			29-Nov-2005		7.200%		AZ - 80.00%		Paid Off - 480		01-Oct-2005
696041169 2			391,500.00		391,274.95			28-Nov-2005		8.000%		UT - 90.00%		Paid Off - 480		01-Oct-2005
696042308 2			213,750.00		213,186.81			01-Dec-2005		8.200%		FL - 95.00%		Paid Off - 360		01-Jul-2005
696042936 1			291,300.00		291,082.08			12-Dec-2005		8.500%		MD - 80.00%		Paid Off - 480		01-Sep-2005
696050996 2			423,000.00		422,052.31			25-Nov-2005		7.500%		MD - 90.00%		Paid Off - 360		01-Sep-2005
696051002 2			87,300.00		87,249.09			23-Nov-2005		7.950%		FL - 90.00%		Paid Off - 480		01-Oct-2005
696055268 2			652,000.00		651,339.77			18-Nov-2005		7.450%		CA - 80.00%		Paid Off - 480		01-Sep-2005
696056464 1			205,010.00		204,541.46			30-Nov-2005		7.400%		AZ - 83.00%		Paid Off - 360		01-Sep-2005
696057207 1			272,000.00		271,482.70			22-Nov-2005		7.000%		CA - 80.00%		Paid Off - 480		01-Sep-2005
696060896 2			675,750.00		675,350.93			30-Nov-2005		9.300%		CA - 85.00%		Paid Off - 480		01-Sep-2005


Page 21 of 28
Long Beach Mortgage Loan Trust 2005-WL3

Asset Backed Certificates
Asset Backed Certificates
2005-WL3

December 27, 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

696067248 1			396,000.00		395,237.22			08-Dec-2005		8.250%		CA - 80.00%		Paid Off - 360		01-Sep-2005
696067248 1			396,000.00		395,237.22			08-Dec-2005		8.250%		CA - 80.00%		Paid Off - 360		01-Sep-2005
696082130 1			146,700.00		146,344.23			16-Nov-2005		7.100%		DC - 90.00%		Paid Off - 360		01-Sep-2005
696083021 2			660,000.00		630,743.40			14-Dec-2005		8.050%		CA - 80.00%		Paid Off - 360		01-Oct-2005
696084656 2			489,500.00		489,094.51			17-Nov-2005		8.150%		CA - 89.00%		Paid Off - 480		01-Sep-2005
696084722 2			539,750.00		539,328.13			06-Dec-2005		8.350%		IL - 85.00%		Paid Off - 480		01-Sep-2005
696085497 1			187,200.00		187,030.89			28-Nov-2005		7.850%		FL - 80.00%		Paid Off - 480		01-Sep-2005
696088285 1			60,300.00		60,218.47			14-Dec-2005		10.000%		TX - 90.00%		Paid Off - 360		01-Sep-2005
696091495 1			64,800.00		64,742.42			21-Nov-2005		10.000%		MO - 90.00%		Paid Off - 360		01-Oct-2005
696097856 2			395,200.00		394,770.48			07-Dec-2005		7.200%		CA - 80.00%		Paid Off - 480		01-Sep-2005
696100650 2			366,700.00		366,556.18			01-Dec-2005		9.300%		MD - 95.00%		Paid Off - 480		01-Oct-2005
696107275 1			328,000.00		327,617.60			12-Dec-2005		6.950%		CA - 80.00%		Paid Off - 480		01-Sep-2005
696111871 1			313,120.00		312,563.25			14-Dec-2005		6.600%		NY - 80.00%		Paid Off - 360		01-Oct-2005
696114354 1			279,000.00		277,955.03			14-Dec-2005		7.250%		CA - 67.07%		Paid Off - 360		01-Sep-2005
696118215 1			164,500.00		164,211.04			08-Dec-2005		8.700%		MN - 70.00%		Paid Off - 360		01-Sep-2005
696120039 1			271,000.00		270,642.44			25-Nov-2005		8.100%		MD - 73.05%		Paid Off - 360		01-Oct-2005
696129204 1			300,000.00		299,673.96			12-Dec-2005		7.200%		CA - 80.00%		Paid Off - 480		01-Sep-2005
696140656 1			42,061.00		#######			23-Nov-2005		9.400%		TX - 95.00%		Paid Off - 360		01-Oct-2005
696160142 2			164,900.00		164,836.29			22-Nov-2005		9.350%		UT - 85.00%		Paid Off - 480		01-Oct-2005
696161090 2			592,000.00		591,400.53			01-Dec-2005		7.450%		CA - 80.00%		Paid Off - 480		01-Sep-2005
696163922 1			225,000.00		224,780.09			30-Nov-2005		9.550%		NY - 90.00%		Paid Off - 360		01-Oct-2005
696169374 1			211,500.00		211,223.78			14-Dec-2005		8.150%		IL - 90.00%		Paid Off - 360		01-Oct-2005
696176098 1			252,000.00		251,506.53			05-Dec-2005		6.100%		CA - 80.00%		Paid Off - 360		01-Oct-2005
696179852 1			148,500.00		148,338.83			14-Dec-2005		9.050%		GA - 90.00%		Paid Off - 360		01-Oct-2005
696186477 2			376,000.00		376,000.00			06-Dec-2005		7.750%		CA - 80.00%		Paid Off - 360		01-Oct-2005
696195643 2			1,000,000.00		998,273.20			08-Dec-2005		6.750%		IL - 76.92%		Paid Off - 360		01-Oct-2005
696197235 2			740,000.00		739,536.28			23-Nov-2005		7.700%		CA - 80.00%		Paid Off - 480		01-Oct-2005
696214717 1			72,900.00		72,822.51			01-Dec-2005		9.150%		NC - 90.00%		Paid Off - 360		01-Oct-2005
696257625 1			78,300.00		78,201.82			23-Nov-2005		8.350%		TN - 90.00%		Paid Off - 360		01-Oct-2005


TOTAL			31,165,466.46		31,089,219.84
TOTAL


Page 22 of 28
Long Beach Mortgage Loan Trust 2005-WL3

Asset Backed Certificates
Asset Backed Certificates
2005-WL3

December 27, 2005 Distribution
Realized Loss Report

COLLATERAL REALIZED LOSSES



											Group 2		Group 1		Total


Current
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
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 23 of 28
Long Beach Mortgage Loan Trust 2005-WL3

Asset Backed Certificates
Asset Backed Certificates
2005-WL3

December 27, 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 24 of 28
Long Beach Mortgage Loan Trust 2005-WL3

Asset Backed Certificates
Asset Backed Certificates
2005-WL3

December 27, 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 25 of 28
Long Beach Mortgage Loan Trust 2005-WL3

Asset Backed Certificates
Asset Backed Certificates
2005-WL3

December 27, 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 26 of 28
Long Beach Mortgage Loan Trust 2005-WL3

Asset Backed Certificates
Asset Backed Certificates
2005-WL3

December 27, 2005 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS
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
						Has Sequential Trigger Occurred? (0=No,1=Yes)								0

						60+ Day Delinquency Balance								0.00
						Beginning Stated Principal Balance								2,191,257,007.17
						Delinquency Percentage								0.000000%

						Offered Subordinate and C Class Certificate Balances								555,483,907.17
						Beginning Stated Principal Balance								2,191,257,007.17
						Senior Enhancement Percentage								25.350000%



ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK



ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
										Group 2		Group 1		Total
Current LIBOR Rate														4.220000%
Next LIBOR Rate														4.378750%






Page 27 of 28
Long Beach Mortgage Loan Trust 2005-WL3

Asset Backed Certificates
Asset Backed Certificates
2005-WL3

December 27, 2005 Distribution
Additional Certificate Report

ADDITIONAL CERTIFICATE REPORT

													Next PTR		CarryOver Amts Paid
CLASS

			I-A1										4.509%		0.00
													4.509%		0.00
			I-A2										4.669%		0.00
													4.669%		0.00
			I-A3										4.769%		0.00
													4.769%		0.00
			I-A4										4.614%		0.00
													4.614%		0.00
			II-A1										4.479%		0.00
													4.479%		0.00
			II-A2A										4.519%		0.00
													4.519%		0.00
			II-A2B										4.639%		0.00
													4.639%		0.00
			II-A3										4.709%		0.00
													4.709%		0.00
			M-1										4.809%		0.00
													4.809%		0.00
			M-2										4.849%		0.00
													4.849%		0.00
			M-3										4.859%		0.00
													4.859%		0.00
			M-4										4.999%		0.00
													4.999%		0.00
			M-5										5.079%		0.00
													5.079%		0.00
			M-6										5.119%		0.00
													5.119%		0.00
			M-7										5.829%		0.00
													5.829%		0.00
			M-8										6.129%		0.00
													6.129%		0.00
			M-9										6.379%		0.00
													6.379%		0.00
			B-1										6.879%		0.00
													6.879%		0.00
			B-2										6.879%		0.00
													6.879%		0.00
			C										0.000%		0.00
													0.000%		0.00
			P										0.000%		0.00
													0.000%		0.00
			R										0.000%		0.00
													0.000%		0.00
			R-4										0.000%		0.00
													0.000%		0.00
			FM-RES-IO										0.000%		0.00
													0.000%		0.00
			R-CX										0.000%		0.00
													0.000%		0.00
			R-PX										0.000%		0.00
													0.000%		0.00






Page 28 of 28

Long Beach Mortgage Loan Trust 2005-WL3 8-K