                                    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)


                             Merrill Lynch Mortgage Investors, INC.
                  (as Depositor under the Pooling and Servicing Agreement,
                    dated as November 1, 2005, providing for the issuance
                    of Merrill Lynch Mortgage Investors Trust, Mortgage
                          Pass-Through Certificates Series 2005-NCB)
                      (Exact name of registrant as specified in charter)


                                         DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-127233-18                             13-3416059
          (Commission File Number)        (I.R.S. Employer Identification No.)


           4LD Financial Center Floor 10
           NEW YORK, NEW YORK                          10281-1310
          (Address of principal executive offices)     (Zip Code)


          Registrant's Telephone Number, Including Area Code:  (212) 449-1000


             (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.



     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 behalf of
    the Registrant by the undersigned thereunto duly authorized.



                                         DEUTSCHE BANK NATIONAL TRUST COMPANY,
                                         IN ITS CAPACITY AS TRUSTEE UNDER THE
                                         POOLING AND SERVICING AGREEMENT ON
                                         BEHALF OF MERRILL LYNCH MORTGAGE
                                         INVESTORS INC., 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.



Merrill Lynch Mortgage Investors Trust Series 2005-NCB

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
Series 2005-NCB

December 27, 2005 Distribution

				External Parties						Table of Contents

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

										7. Foreclosure Report					12
										8. Prepayment Report					13
										9. Prepayment Detail Report					16
										9. Prepayment Detail Report					16
										10. Realized Loss Report					20
										11. Realized Loss Detail Report					23
				Servicer(s)						11. Realized Loss Detail Report					23
				Servicer(s)						12. Triggers and Adj. Cert. Report					24
				Wilshire Servicing Corp.						12. Triggers and Adj. Cert. Report					24
				Wilshire Servicing Corp.						13. Other Related Information					25
										13. Other Related Information					25


				Underwriter(s)
				Merrill Lynch


										Total Number of Pages					25
										Total Number of Pages

				Dates						Contacts

				Cut-Off Date:			November 01, 2005			Jennifer Hermansader
				Close Date:			November 29, 2005			Administrator
				First Distribution Date:			December 27, 2005			(714) 247-6258
										Jennifer.Vandyne@db.com
										Jennifer.Vandyne@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 29, 2005			Factor Information:			(800) 735-7777
										Main Phone Number:			(714) 247-6000
										Main Phone Number:			(714) 247-6000

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






Page 1 of 25
Merrill Lynch Mortgage Investors Trust Series 2005-NCB

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
Series 2005-NCB

December 27, 2005 Distribution
Certificate Payment Report
Current Period Distribution - MASTER REMIC
					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-1A	SR	$	133,784,000.00		133,784,000.00		607,691.52		8,856,762.19		9,464,453.71		0.00		0.00		124,927,237.81
A-1A	SR	$	133,784,000.00		133,784,000.00		607,691.52		8,856,762.19		9,464,453.71		0.00		0.00		124,927,237.81
A-1B	SR	$	33,446,000.00		33,446,000.00		152,076.17		0.00		152,076.17		0.00		0.00		33,446,000.00
M-1	SUB	$	21,818,000.00		21,818,000.00		79,417.52		0.00		79,417.52		0.00		0.00		21,818,000.00
M-2	SUB	$	18,471,000.00		18,471,000.00		70,538.70		0.00		70,538.70		0.00		0.00		18,471,000.00
B-1	SUB	$	10,661,000.00		10,661,000.00		47,346.69		0.00		47,346.69		0.00		0.00		10,661,000.00
B-2	SUB	$	4,586,000.00		4,586,000.00		21,793.69		0.00		21,793.69		0.00		0.00		4,586,000.00
B-3	SUB	$	4,214,000.00		4,214,000.00		21,992.40		0.00		21,992.40		0.00		0.00		4,214,000.00
B-4	SUB	$	4,338,000.00		4,338,000.00		28,544.04		0.00		28,544.04		0.00		0.00		4,338,000.00
B-5	SUB	$	4,214,000.00		4,214,000.00		27,728.12		0.00		27,728.12		0.00		0.00		4,214,000.00
C	SUB	$	0.00		12,402,236.10		0.00		0.00		0.00		0.00		940,716.84		13,342,952.94
R	RES	$	100.00		100.00		0.45		100.00		100.45		0.00		0.00		0.00
P	NOF	$	0.00		0.00		188,993.79		0.00		188,993.79		0.00		0.00		0.00



Total			235,532,100.00		247,934,336.10		1,246,123.09		8,856,862.19		10,102,985.28		0.00		940,716.84		240,018,190.75
Total




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

									(1)		(1)		(2)		(3)		(4)=(2)+(3)	(5)
A-1A	11/01/05		11/30/05		F-30/360		59020UT62		133,784,000.00		1,000.000000		4.542333		66.201954		70.744287	933.798046
A-1B	11/01/05		11/30/05		F-30/360		59020UT70		33,446,000.00		1,000.000000		4.546917		0.000000		4.546917	1,000.000000
M-1	11/29/05		12/26/05		F-Act/360		59020UT88		21,818,000.00		1,000.000000		3.640000		0.000000		3.640000	1,000.000000
M-2	11/29/05		12/26/05		F-Act/360		59020UT96		18,471,000.00		1,000.000000		3.818889		0.000000		3.818889	1,000.000000
B-1	11/29/05		12/26/05		F-Act/360		59020UU37		10,661,000.00		1,000.000000		4.441112		0.000000		4.441112	1,000.000000
B-2	11/29/05		12/26/05		F-Act/360		59020UU45		4,586,000.00		1,000.000000		4.752222		0.000000		4.752222	1,000.000000
B-3	11/29/05		12/26/05		F-Act/360		59020UU52		4,214,000.00		1,000.000000		5.218889		0.000000		5.218889	1,000.000000
B-4	11/29/05		12/26/05		F-Act/360		59020UV28		4,338,000.00		1,000.000000		6.580000		0.000000		6.580000	1,000.000000
B-5	11/29/05		12/26/05		F-Act/360		59020UV36		4,214,000.00		1,000.000000		6.580000		0.000000		6.580000	1,000.000000
C	11/29/05		12/26/05		A-Act/360		59020UU94		0.00		0.000000		0.000000		0.000000		0.000000	0.000000
R	11/01/05		11/30/05		F-30/360		59020UU78		100.00		1,000.000000		4.500000		1,000.000000		1,004.500000	0.000000
P	11/29/05		12/26/05		A-Act/360		59020UU86		0.00		0.000000		0.000000		0.000000		0.000000	0.000000





Page 2 of 25
Merrill Lynch Mortgage Investors Trust Series 2005-NCB

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
Series 2005-NCB

December 27, 2005 Distribution

Distribution to Date - MASTER REMIC
																	Current


	Original				Unscheduled		Scheduled		Total		Total		Realized		Deferred		Principal

Class	Face Value		Interest		Principal		Principal		Principal		Distribution		Loss		Interest		Balance
	(1)		(2)		(3)		(4)		(5)=(3)+(4)		(6)=(2)+(5)		(7)		(8)		(9)=(1)-(5)-(7)+(8)
A-1A	133,784,000.00		607,691.52		8,731,043.26		125,718.93		8,856,762.19		9,464,453.71		0.00		0.00		124,927,237.81
A-1B	33,446,000.00		152,076.17		0.00		0.00		0.00		152,076.17		0.00		0.00		33,446,000.00
M-1	21,818,000.00		79,417.52		0.00		0.00		0.00		79,417.52		0.00		0.00		21,818,000.00
M-2	18,471,000.00		70,538.70		0.00		0.00		0.00		70,538.70		0.00		0.00		18,471,000.00
B-1	10,661,000.00		47,346.69		0.00		0.00		0.00		47,346.69		0.00		0.00		10,661,000.00
B-2	4,586,000.00		21,793.69		0.00		0.00		0.00		21,793.69		0.00		0.00		4,586,000.00
B-3	4,214,000.00		21,992.40		0.00		0.00		0.00		21,992.40		0.00		0.00		4,214,000.00
B-4	4,338,000.00		28,544.04		0.00		0.00		0.00		28,544.04		0.00		0.00		4,338,000.00
B-5	4,214,000.00		27,728.12		0.00		0.00		0.00		27,728.12		0.00		0.00		4,214,000.00
C	0.00		0.00		0.00		0.00		0.00		0.00		0.00		940,716.84		13,342,952.94
R	100.00		0.45		0.00		0.00		100.00		100.45		0.00		0.00		0.00
P	0.00		188,993.79		0.00		0.00		0.00		188,993.79		0.00		0.00		0.00



Total	235,532,100.00		1,246,123.09		8,731,043.26		125,718.93		8,856,862.19		10,102,985.28		0.00		940,716.84		240,018,190.75


Interest Detail - MASTER REMIC
	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-1A	5.45080%		133,784,000.00		607,691.52		0.00		0.00		0.00		607,691.52		607,691.52		0.00
A-1B	5.45630%		33,446,000.00		152,076.17		0.00		0.00		0.00		152,076.17		152,076.17		0.00
M-1	4.68000%		21,818,000.00		79,417.52		0.00		0.00		0.00		79,417.52		79,417.52		0.00
M-2	4.91000%		18,471,000.00		70,538.70		0.00		0.00		0.00		70,538.70		70,538.70		0.00
B-1	5.71000%		10,661,000.00		47,346.69		0.00		0.00		0.00		47,346.69		47,346.69		0.00
B-2	6.11000%		4,586,000.00		21,793.69		0.00		0.00		0.00		21,793.69		21,793.69		0.00
B-3	6.71000%		4,214,000.00		21,992.40		0.00		0.00		0.00		21,992.40		21,992.40		0.00
B-4	8.46000%		4,338,000.00		28,544.04		0.00		0.00		0.00		28,544.04		28,544.04		0.00
B-5	8.46000%		4,214,000.00		27,728.12		0.00		0.00		0.00		27,728.12		27,728.12		0.00
C	97.52218%		12,402,236.10		0.00		0.00		0.00		0.00		0.00		940,716.84		0.00
R	5.45080%		100.00		0.45		0.00		0.00		0.00		0.45		0.45		0.00
P	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		188,993.79		0.00



Total			247,934,336.10		1,057,129.30		0.00		0.00		0.00		1,057,129.30		2,186,839.93		0.00



Page 3 of 25
Merrill Lynch Mortgage Investors Trust Series 2005-NCB

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
Series 2005-NCB

December 27, 2005 Distribution
Collection Account Report
SUMMARY
SUMMARY
														Total
Principal Collections														7,916,145.35
Principal Withdrawals														0.00
Principal Other Accounts														0.00
TOTAL NET PRINCIPAL														7,916,145.35
Interest Collections														2,019,300.49
Interest Withdrawals														-0.00
Interest Fees														-21,454.35
Interest Other Accounts														188,993.79
TOTAL NET INTEREST														2,186,839.93
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION														10,102,985.28



PRINCIPAL - COLLECTIONS
PRINCIPAL - COLLECTIONS
															Total
Scheduled Principal Received															125,718.93
Curtailments															82,689.14
Prepayments In Full															7,707,737.28
Repurchased/Substitutions															0.00
Liquidations															0.00
Insurance Principal															0.00
Other Additional Principal															0.00
Delinquent Principal															-101,724.70
Realized Losses															-0.00
Advanced Principal															101,724.70
TOTAL PRINCIPAL COLLECTED															7,916,145.35


PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK



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





Page 4 of 25
Merrill Lynch Mortgage Investors Trust Series 2005-NCB

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
Series 2005-NCB

December 27, 2005 Distribution

INTEREST - COLLECTIONS
INTEREST - COLLECTIONS
														Total
Scheduled Interest														2,102,064.51
Repurchased/Substitution Interest														0.00
Liquidation Interest														0.00
Insurance Interest														0.00
Other Additional Interest														0.00
Prepayment Interest Shortfalls														-22,526.35
Delinquent Interest														-1,671,955.68
Compensating Interest														22,526.35
Civil Relief Act Shortfalls														-912.39
Interest Loss														-0.00
Interest Advanced														1,590,104.05
TOTAL INTEREST COLLECTED														2,019,300.49


INTEREST - WITHDRAWALS
INTEREST - WITHDRAWALS
														Total
Non-Recoverable Advances														0.00
Reimbursements to Master Servicer														0.00
TOTAL INTEREST WITHDRAWALS														0.00



INTEREST - OTHER ACCOUNTS
INTEREST - OTHER ACCOUNTS
														Total
Prepayment Charges														188,993.79
TOTAL INTEREST OTHER ACCOUNTS														188,993.79



INTEREST - FEES
INTEREST - FEES
														Total
Current Servicing Fees														21,454.35
Tax Fees														0.00
TOTAL INTEREST FEES														21,454.35




Page 5 of 25
Merrill Lynch Mortgage Investors Trust Series 2005-NCB

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
Series 2005-NCB

December 27, 2005 Distribution
Credit Enhancement Report
ACCOUNTS
ACCOUNTS
														Total
Basis Risk CarryOver Deposit														0.00
Basis Risk CarryOver Amount Paid														0.00



INSURANCE

SPACE INTENTIONALLY LEFT BLANK



STRUCTURAL FEATURES
STRUCTURAL FEATURES
														Total
Overcollateralization Target Amount														21,446,320.07
Overcollateralization Reduction Amount														0.00
Begining Overcollateralized Amount														12,402,236.10
Begining Overcollateralization Deficiency Amount														9,044,083.97
Ending Overcollateralized Amount														13,342,952.94
Ending Overcollateralization Deficiency Amount														8,103,367.13




Page 6 of 25
Merrill Lynch Mortgage Investors Trust Series 2005-NCB

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
Series 2005-NCB

December 27, 2005 Distribution
Collateral Report


COLLATERAL



															Total



Loan Count:


Original														4,648
Prior														4,648
Prefunding														0
Scheduled Paid Offs														-0
Full Voluntary Prepayments														-130
Repurchases														-0
Liquidations														-0
Current														4,518
Principal Balance:


Original														247,934,336.10
Prior														247,934,336.10
Prefunding														0.00
Scheduled Principal														-125,718.93
Partial Prepayments														-82,689.14
Full Voluntary Prepayments														-7,707,737.28
Repurchases														-0.00
Liquidations														-0.00
Current														240,018,190.75





PREFUNDING

SPACE INTENTIONALLY LEFT BLANK






Page 7 of 25
Merrill Lynch Mortgage Investors Trust Series 2005-NCB

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
Series 2005-NCB

December 27, 2005 Distribution

CHARACTERISTICS
CHARACTERISTICS
														Total
Weighted Average Coupon Original														10.17590%
Weighted Average Coupon Prior														10.17590%
Weighted Average Coupon Current														10.17590%
Weighted Average Months to Maturity Original														345
Weighted Average Months to Maturity Prior														345
Weighted Average Months to Maturity Current														345
Weighted Avg Remaining Amortization Term Original														345
Weighted Avg Remaining Amortization Term Prior														345
Weighted Avg Remaining Amortization Term Current														345
Weighted Average Seasoning Original														7.01
Weighted Average Seasoning Prior														7.01
Weighted Average Seasoning Current														7.01









Page 8 of 25
Merrill Lynch Mortgage Investors Trust Series 2005-NCB

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
Series 2005-NCB

December 27, 2005 Distribution

ARM CHARACTERISTICS
ARM CHARACTERISTICS
														Total
Weighted Average Margin Original														0.00000%
Weighted Average Margin Prior														0.00000%
Weighted Average Margin Current														0.00000%
Weighted Average Max Rate Original														0.00000%
Weighted Average Max Rate Prior														0.00000%
Weighted Average Max Rate Current														0.00000%
Weighted Average Min Rate Original														0.00000%
Weighted Average Min Rate Prior														0.00000%
Weighted Average Min Rate Current														0.00000%
Weighted Average Cap Up Original														0.00000%
Weighted Average Cap Up Prior														0.00000%
Weighted Average Cap Up Current														0.00000%
Weighted Average Cap Down Original														0.00000%
Weighted Average Cap Down Prior														0.00000%
Weighted Average Cap Down Current														0.00000%




SERVICING FEES & ADVANCES

															Total




Current Servicing Fees														21,454.35
Delinquent Servicing Fees														81,851.63
TOTAL SERVICING FEES														103,305.98


Total Servicing Fees														103,305.98
Compensating Interest														-22,526.35
Delinquent Servicing Fees														-81,851.63
COLLECTED SERVICING FEES														(1,071.99)


Total Advanced Interest														1,590,104.05
Total Advanced Principal														101,724.70
Aggregate Advances with respect to this Distribution														1,691,828.75





ADDITIONAL COLLATERAL INFORMATION
														Total
Prepayment Interest Shortfall (PPIS)														22,526.35
Compensating Interest														-22,526.35
Net Prepayment Interest Shortfall (PPIS)														0.00

Ending Pool Stated Principal Balance														240,018,190.75
Weighted Average Net Mortgage Rate														10.588702%




Page 9 of 25
Merrill Lynch Mortgage Investors Trust Series 2005-NCB

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
Series 2005-NCB

December 27, 2005 Distribution
Delinquency Report

	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				3,282,110.51		1,774,818.43		0.00		5,056,928.94
			% Balance				1.37%		0.74%		0.00%		2.11%
			# Loans				54		26		0		80
			% # Loans				1.20%		0.58%		0.00%		1.77%
	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		198,078.75		23,706.71		0.00		0.00		221,785.46
			% Balance		0.08%		0.01%		0.00%		0.00%		0.09%
			# Loans		3		1		0		0		4
			% # Loans		0.07%		0.02%		0.00%		0.00%		0.09%
	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		198,078.75		3,305,817.22		1,774,818.43		0.00		5,278,714.40
			% Balance		0.08%		1.38%		0.74%		0.00%		2.20%
			# Loans		3		55		26		0		84
			% # Loans		0.07%		1.22%		0.58%		0.00%		1.86%








Page 10 of 25
Merrill Lynch Mortgage Investors Trust Series 2005-NCB

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
Series 2005-NCB

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 11 of 25
Merrill Lynch Mortgage Investors Trust Series 2005-NCB

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
Series 2005-NCB

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 12 of 25
Merrill Lynch Mortgage Investors Trust Series 2005-NCB

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
Series 2005-NCB

December 27, 2005 Distribution
Prepayment Report

VOLUNTARY PREPAYMENTS
VOLUNTARY PREPAYMENTS

															Total




Current


Number of Paid in Full Loans														130
Number of Repurchased Loans														0
Total Number of Loans Prepaid in Full														130
Curtailments Amount														82,689.14
Paid in Full Balance														7,707,737.28
Repurchased Loans Balance														0.00
Total Prepayment Amount														7,790,426.42

Cumulative


Number of Paid in Full Loans														130
Number of Repurchased Loans														0
Total Number of Loans Prepaid in Full														130
Paid in Full Balance														7,707,737.28
Repurchased Loans Balance														0.00
Curtailments Amount														82,689.14
Total Prepayment Amount														7,790,426.42










Page 13 of 25
Merrill Lynch Mortgage Investors Trust Series 2005-NCB

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
Series 2005-NCB

December 27, 2005 Distribution

VOLUNTARY PREPAYMENTS RATES
VOLUNTARY PREPAYMENTS RATES

															Total



SMM														3.14%
3 Months Avg SMM														3.14%
12 Months Avg SMM														3.14%
Avg SMM Since Cut-off														3.14%


CPR														31.84%
3 Months Avg CPR														31.84%
12 Months Avg CPR														31.84%
Avg CPR Since Cut-off														31.84%


PSA														2,270.08%
3 Months Avg PSA Approximation														2,270.08%
12 Months Avg PSA Approximation														2,270.08%
Avg PSA Since Cut-off Approximation														2,270.08%










Page 14 of 25
Merrill Lynch Mortgage Investors Trust Series 2005-NCB

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
Series 2005-NCB

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 15 of 25
Merrill Lynch Mortgage Investors Trust Series 2005-NCB

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
Series 2005-NCB

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

887171 1			35,980.00		35,292.85			15-Nov-2005		10.150%		CA - 100.00%		Paid Off - 240		01-Oct-2004
887171 1			35,980.00		35,292.85			15-Nov-2005		10.150%		CA - 100.00%		Paid Off - 240		01-Oct-2004
890421 1			39,000.00		38,314.85			18-Nov-2005		9.000%		CA - 100.00%		Paid Off - 240		01-Jan-2005
960851 1			22,900.00		22,578.75			30-Nov-2005		10.400%		IN - 100.00%		Paid Off - 240		01-Feb-2005
960926 1			45,000.00		44,423.67			02-Nov-2005		9.650%		FL - 100.00%		Paid Off - 240		01-Mar-2005
960932 1			85,800.00		85,579.35			30-Nov-2005		10.990%		CA - 100.00%		Paid Off - 360		01-May-2005
960941 1			59,000.00		58,865.66			10-Nov-2005		11.550%		CA - 100.00%		Paid Off - 360		01-May-2005
960944 1			102,400.00		102,003.67			02-Nov-2005		10.300%		CA - 100.00%		Paid Off - 360		01-Mar-2005
960975 1			36,000.00		35,658.59			30-Nov-2005		11.050%		IL - 100.00%		Paid Off - 240		01-Apr-2005
960976 1			28,800.00		28,696.68			03-Nov-2005		10.625%		NC - 95.00%		Paid Off - 360		01-Apr-2005
961066 1			71,000.00		70,272.68			30-Nov-2005		10.450%		FL - 100.00%		Paid Off - 240		01-Apr-2005
961081 1			70,400.00		70,070.29			21-Nov-2005		9.250%		NY - 100.00%		Paid Off - 360		01-Jun-2005
961091 1			27,400.20		27,321.89			30-Nov-2005		10.500%		CO - 100.00%		Paid Off - 360		01-May-2005
961099 1			66,400.00		66,238.58			30-Nov-2005		11.250%		CA - 100.00%		Paid Off - 360		01-May-2005
961139 1			58,800.00		58,606.46			18-Nov-2005		11.250%		PA - 100.00%		Paid Off - 360		01-May-2005
961148 1			35,600.00		34,912.86			16-Nov-2005		10.500%		RI - 100.00%		Paid Off - 180		01-Apr-2005
961166 1			22,950.00		22,843.32			11-Nov-2005		9.300%		MD - 95.00%		Paid Off - 360		01-Apr-2005
961196 1			40,176.00		40,006.87			02-Nov-2005		10.000%		FL - 100.00%		Paid Off - 360		01-May-2005
961232 1			55,200.00		54,950.78			07-Nov-2005		9.650%		CA - 100.00%		Paid Off - 360		01-May-2005
961284 1			71,000.00		69,875.39			30-Nov-2005		10.990%		CA - 100.00%		Paid Off - 180		01-May-2005
961285 1			142,000.00		141,429.71			25-Nov-2005		8.990%		WA - 100.00%		Paid Off - 360		01-May-2005
961402 1			126,000.00		125,703.47			01-Nov-2005		11.400%		CA - 100.00%		Paid Off - 360		01-May-2005
961427 1			95,000.00		94,710.81			17-Nov-2005		10.200%		CA - 100.00%		Paid Off - 360		01-May-2005
961437 1			104,000.00		103,669.75			30-Nov-2005		10.000%		CA - 100.00%		Paid Off - 360		01-May-2005
961504 1			54,380.00		54,207.29			30-Nov-2005		10.000%		MA - 100.00%		Paid Off - 360		01-May-2005
961508 1			33,000.00		32,892.57			02-Nov-2005		10.650%		VA - 100.00%		Paid Off - 360		01-May-2005
961527 1			49,000.00		48,807.92			11-Nov-2005		8.990%		CA - 100.00%		Paid Off - 360		01-May-2005
961558 1			60,000.00		59,787.96			23-Nov-2005		9.490%		MN - 100.00%		Paid Off - 360		01-May-2005
961563 1			58,000.00		57,656.75			30-Nov-2005		8.750%		FL - 100.00%		Paid Off - 360		01-May-2005
961571 1			77,980.00		77,725.78			17-Nov-2005		9.875%		CA - 100.00%		Paid Off - 360		01-May-2005
961580 1			47,269.00		47,123.26			07-Nov-2005		11.200%		WA - 100.00%		Paid Off - 360		01-May-2005
961587 1			80,000.00		79,769.13			30-Nov-2005		10.650%		CA - 100.00%		Paid Off - 360		01-May-2005
961604 1			91,000.00		90,725.34			01-Nov-2005		10.250%		MA - 100.00%		Paid Off - 360		01-May-2005
961610 1			39,800.00		39,681.93			30-Nov-2005		10.000%		AZ - 100.00%		Paid Off - 360		01-Jun-2005
961674 1			46,400.00		46,244.71			18-Nov-2005		9.750%		OR - 100.00%		Paid Off - 360		01-May-2005
961713 1			72,000.00		71,818.78			30-Nov-2005		10.350%		NY - 100.00%		Paid Off - 360		01-Jun-2005
961741 1			112,213.40		111,826.23			23-Nov-2005		9.990%		AZ - 100.00%		Paid Off - 360		01-Jun-2005
961757 1			23,400.00		23,341.87			30-Nov-2005		11.150%		WI - 100.00%		Paid Off - 360		01-May-2005
961815 1			62,250.00		62,070.08			02-Nov-2005		10.990%		MD - 100.00%		Paid Off - 360		01-May-2005
961829 1			44,600.00		44,447.54			30-Nov-2005		9.650%		CA - 100.00%		Paid Off - 360		01-May-2005
961854 1			81,000.00		80,734.51			28-Nov-2005		9.850%		CA - 100.00%		Paid Off - 360		01-May-2005
961917 1			96,400.00		96,077.35			30-Nov-2005		9.750%		CA - 100.00%		Paid Off - 360		01-May-2005


Page 16 of 25
Merrill Lynch Mortgage Investors Trust Series 2005-NCB

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
Series 2005-NCB

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

962006 1			100,000.00		98,815.67			18-Nov-2005		9.900%		CA - 100.00%		Paid Off - 360		01-May-2005
962006 1			100,000.00		98,815.67			18-Nov-2005		9.900%		CA - 100.00%		Paid Off - 360		01-May-2005
962022 1			104,000.00		103,633.28			30-Nov-2005		9.500%		CA - 100.00%		Paid Off - 360		01-May-2005
962024 1			33,600.00		33,509.96			30-Nov-2005		10.800%		RI - 100.00%		Paid Off - 360		01-May-2005
962041 1			23,800.00		23,736.92			30-Nov-2005		11.050%		IL - 100.00%		Paid Off - 360		01-Jun-2005
962096 1			31,725.00		31,630.72			04-Nov-2005		10.650%		KY - 100.00%		Paid Off - 360		01-May-2005
962112 1			62,000.00		61,802.70			25-Nov-2005		9.990%		NV - 100.00%		Paid Off - 360		01-May-2005
962168 1			20,000.00		19,938.50			29-Nov-2005		9.400%		ID - 100.00%		Paid Off - 360		01-Jun-2005
962262 1			122,400.00		121,279.33			07-Nov-2005		10.250%		CA - 100.00%		Paid Off - 240		01-May-2005
962316 1			79,400.00		79,137.57			25-Nov-2005		9.050%		CA - 100.00%		Paid Off - 360		01-Jun-2005
962336 1			78,200.00		77,879.74			30-Nov-2005		9.500%		WA - 100.00%		Paid Off - 360		01-May-2005
962341 1			68,000.00		67,762.67			29-Nov-2005		9.550%		CA - 100.00%		Paid Off - 360		01-May-2005
962343 1			126,000.00		124,831.57			30-Nov-2005		10.150%		CA - 100.00%		Paid Off - 240		01-May-2005
962382 1			86,800.00		86,459.84			18-Nov-2005		8.990%		CA - 100.00%		Paid Off - 360		01-May-2005
962393 1			51,600.00		51,447.49			30-Nov-2005		10.400%		NV - 100.00%		Paid Off - 360		01-May-2005
962422 1			43,400.00		43,277.30			07-Nov-2005		10.550%		UT - 100.00%		Paid Off - 360		01-May-2005
962449 1			80,200.00		79,885.64			30-Nov-2005		8.990%		CA - 99.80%		Paid Off - 360		01-May-2005
962488 1			56,200.00		55,740.74			30-Nov-2005		9.900%		NJ - 100.00%		Paid Off - 240		01-Jun-2005
962542 1			81,000.00		80,667.98			22-Nov-2005		9.300%		CA - 100.00%		Paid Off - 360		01-May-2005
962560 1			28,738.00		28,309.36			08-Nov-2005		10.100%		CO - 100.00%		Paid Off - 240		01-Jan-2005
962569 1			52,245.00		52,110.89			01-Nov-2005		11.000%		NV - 99.90%		Paid Off - 360		01-May-2005
962588 1			31,600.00		31,518.91			16-Nov-2005		11.050%		OR - 100.00%		Paid Off - 360		01-May-2005
962592 1			76,000.00		75,756.00			30-Nov-2005		11.850%		CA - 85.45%		Paid Off - 360		01-May-2005
962606 1			25,200.00		25,119.12			01-Nov-2005		9.950%		AZ - 100.00%		Paid Off - 360		01-May-2005
966996 1			40,400.00		40,173.63			30-Nov-2005		10.650%		WA - 100.00%		Paid Off - 360		01-May-2005
967011 1			57,000.00		56,850.32			21-Nov-2005		10.150%		CA - 100.00%		Paid Off - 360		01-Jun-2005
967012 1			57,000.00		56,841.21			02-Nov-2005		9.900%		MA - 100.00%		Paid Off - 360		01-Jun-2005
967025 1			91,990.00		91,753.45			30-Nov-2005		10.990%		WA - 100.00%		Paid Off - 360		01-May-2005
967039 1			43,800.00		43,646.04			30-Nov-2005		9.450%		VA - 100.00%		Paid Off - 360		01-Jun-2005
967061 1			91,000.00		90,207.77			30-Nov-2005		9.400%		CA - 100.00%		Paid Off - 240		01-Jun-2005
967082 1			32,601.00		32,512.43			25-Nov-2005		9.990%		AZ - 100.00%		Paid Off - 360		01-Jun-2005
967123 1			85,200.00		84,990.09			10-Nov-2005		10.450%		CA - 100.00%		Paid Off - 360		01-Jun-2005
967131 1			63,000.00		62,843.09			30-Nov-2005		10.400%		NV - 100.00%		Paid Off - 360		01-Jun-2005
967205 1			29,900.00		29,832.58			02-Nov-2005		9.990%		AZ - 99.96%		Paid Off - 360		01-Jul-2005
967267 1			37,300.00		37,172.82			30-Nov-2005		8.900%		FL - 100.00%		Paid Off - 360		01-Jun-2005
967355 1			48,750.00		48,657.56			17-Nov-2005		10.800%		IL - 95.00%		Paid Off - 360		01-Jul-2005
967362 1			80,000.00		79,807.07			03-Nov-2005		10.550%		WA - 100.00%		Paid Off - 360		01-Jun-2005
967370 1			124,133.00		123,871.01			02-Nov-2005		10.300%		CA - 100.00%		Paid Off - 360		01-Jul-2005
967441 1			108,000.00		107,701.03			30-Nov-2005		9.900%		CA - 100.00%		Paid Off - 360		01-Jun-2005
967484 1			79,000.00		78,764.64			30-Nov-2005		9.550%		CA - 100.00%		Paid Off - 360		01-Jun-2005
967515 1			31,000.00		30,928.78			30-Nov-2005		9.900%		FL - 100.00%		Paid Off - 360		01-Jul-2005
967626 1			41,000.00		40,938.12			30-Nov-2005		11.850%		CA - 100.00%		Paid Off - 360		01-Jul-2005
967681 1			91,000.00		90,836.25			01-Nov-2005		11.900%		VA - 100.00%		Paid Off - 360		01-Jun-2005
967684 1			53,800.00		53,607.72			23-Nov-2005		8.670%		TN - 100.00%		Paid Off - 360		01-Jun-2005


Page 17 of 25
Merrill Lynch Mortgage Investors Trust Series 2005-NCB

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
Series 2005-NCB

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

967727 1			60,200.00		60,049.69			30-Nov-2005		10.550%		MD - 100.00%		Paid Off - 360		01-Jun-2005
967727 1			60,200.00		60,049.69			30-Nov-2005		10.550%		MD - 100.00%		Paid Off - 360		01-Jun-2005
967772 1			34,998.00		34,880.82			30-Nov-2005		8.990%		OR - 100.00%		Paid Off - 360		01-Jun-2005
967817 1			84,000.00		#######			30-Nov-2005		9.550%		CA - 100.00%		Paid Off - 360		01-Jul-2005
967831 1			23,980.00		23,946.51			30-Nov-2005		12.200%		KS - 100.00%		Paid Off - 360		01-Jul-2005
968029 1			96,800.00		96,502.42			30-Nov-2005		9.400%		CA - 100.00%		Paid Off - 360		01-Jun-2005
968069 1			76,000.00		75,749.43			01-Nov-2005		9.750%		CA - 100.00%		Paid Off - 360		01-Jun-2005
968119 1			85,600.00		85,333.88			01-Nov-2005		8.800%		CA - 100.00%		Paid Off - 360		01-Jul-2005
968169 1			101,000.00		100,753.83			10-Nov-2005		10.500%		CA - 100.00%		Paid Off - 360		01-Jun-2005
968173 1			102,000.00		101,793.73			16-Nov-2005		10.500%		CA - 100.00%		Paid Off - 360		01-Jul-2005
968183 1			30,000.00		29,930.66			30-Nov-2005		10.750%		IL - 100.00%		Paid Off - 360		01-Jun-2005
968184 1			85,000.00		84,769.13			30-Nov-2005		9.990%		CA - 100.00%		Paid Off - 360		01-Jun-2005
968211 1			82,000.00		81,826.92			30-Nov-2005		10.300%		CA - 100.00%		Paid Off - 360		01-Jul-2005
968224 1			87,000.00		86,841.52			23-Nov-2005		10.990%		CA - 100.00%		Paid Off - 360		01-Jul-2005
968236 1			29,776.00		29,721.80			30-Nov-2005		10.990%		FL - 100.00%		Paid Off - 360		01-Jul-2005
968310 1			52,000.00		51,890.24			02-Nov-2005		10.300%		CA - 100.00%		Paid Off - 360		01-Jul-2005
968433 1			80,000.00		79,787.17			30-Nov-2005		9.200%		CA - 100.00%		Paid Off - 360		01-Jul-2005
968490 1			42,354.00		42,239.34			01-Nov-2005		9.990%		AZ - 95.00%		Paid Off - 360		01-Jul-2005
968531 1			39,400.00		39,311.16			30-Nov-2005		9.990%		AZ - 100.00%		Paid Off - 360		01-Jul-2005
968540 1			28,900.00		28,845.18			30-Nov-2005		10.800%		WA - 100.00%		Paid Off - 360		01-Jul-2005
968618 1			28,980.00		28,927.35			14-Nov-2005		11.000%		NJ - 100.00%		Paid Off - 360		01-Jul-2005
968638 1			31,320.00		31,254.61			11-Nov-2005		10.350%		AZ - 100.00%		Paid Off - 360		01-Jul-2005
968639 1			59,000.00		58,821.16			30-Nov-2005		9.300%		NV - 100.00%		Paid Off - 360		01-Jul-2005
968650 1			65,500.00		65,353.72			21-Nov-2005		10.550%		AZ - 100.00%		Paid Off - 360		01-Jul-2005
968656 1			28,980.00		28,932.79			30-Nov-2005		11.500%		FL - 100.00%		Paid Off - 360		01-Jul-2005
968687 1			77,200.00		77,070.02			03-Nov-2005		11.350%		CA - 100.00%		Paid Off - 360		01-Jul-2005
968715 1			20,000.00		19,970.45			01-Nov-2005		11.950%		IA - 100.00%		Paid Off - 360		01-Jul-2005
968773 1			45,000.00		44,892.18			30-Nov-2005		9.700%		NJ - 100.00%		Paid Off - 360		01-Jul-2005
968791 1			30,000.00		29,947.23			30-Nov-2005		11.150%		MD - 100.00%		Paid Off - 360		01-Jul-2005
968820 1			27,100.00		27,045.18			23-Nov-2005		10.500%		OR - 100.00%		Paid Off - 360		01-Jul-2005
968888 1			66,700.00		66,546.78			30-Nov-2005		9.900%		CA - 100.00%		Paid Off - 360		01-Jul-2005
968963 1			24,000.00		23,936.13			30-Nov-2005		9.200%		FL - 100.00%		Paid Off - 360		01-Jul-2005
968981 1			56,700.00		56,572.18			29-Nov-2005		9.990%		UT - 100.00%		Paid Off - 360		01-Jul-2005
969042 1			78,800.00		78,661.47			30-Nov-2005		11.150%		CA - 100.00%		Paid Off - 360		01-Jul-2005
969056 1			50,800.00		50,650.82			21-Nov-2005		10.950%		CT - 100.00%		Paid Off - 360		01-Jul-2005
969270 1			38,846.00		38,758.41			08-Nov-2005		9.990%		AZ - 100.00%		Paid Off - 360		01-Jul-2005
969298 1			43,000.00		42,928.41			15-Nov-2005		11.400%		CA - 100.00%		Paid Off - 360		01-Jul-2005
969371 1			65,000.00		64,865.70			02-Nov-2005		10.400%		CA - 100.00%		Paid Off - 360		01-Jul-2005
969408 1			49,700.00		49,324.45			28-Nov-2005		9.100%		CA - 100.00%		Paid Off - 360		01-Jul-2005
969477 1			57,000.00		56,875.80			30-Nov-2005		10.150%		UT - 100.00%		Paid Off - 360		01-Jul-2005
969674 1			32,395.00		32,348.15			30-Nov-2005		12.100%		UT - 100.00%		Paid Off - 360		01-Jul-2005
969713 1			36,000.00		35,941.34			14-Nov-2005		11.500%		MD - 100.00%		Paid Off - 360		01-Jul-2005
969842 1			26,000.00		25,950.15			30-Nov-2005		10.750%		FL - 95.00%		Paid Off - 360		01-Jul-2005
969888 1			30,600.00		30,552.81			30-Nov-2005		11.750%		IA - 100.00%		Paid Off - 360		01-Jul-2005


Page 18 of 25
Merrill Lynch Mortgage Investors Trust Series 2005-NCB

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
Series 2005-NCB

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

969918 1			34,200.00		34,128.55			30-Nov-2005		10.350%		AZ - 100.00%		Paid Off - 360		01-Jul-2005
969918 1			34,200.00		34,128.55			30-Nov-2005		10.350%		AZ - 100.00%		Paid Off - 360		01-Jul-2005
969969 1			49,800.00		49,715.39			14-Nov-2005		10.250%		NJ - 99.60%		Paid Off - 360		01-Aug-2005
970031 1			47,250.00		46,646.91			22-Nov-2005		10.050%		NJ - 100.00%		Paid Off - 180		01-Jul-2005


TOTAL			7,738,359.60		7,707,737.28
TOTAL


Page 19 of 25
Merrill Lynch Mortgage Investors Trust Series 2005-NCB

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
Series 2005-NCB

December 27, 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 20 of 25
Merrill Lynch Mortgage Investors Trust Series 2005-NCB

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
Series 2005-NCB

December 27, 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 21 of 25
Merrill Lynch Mortgage Investors Trust Series 2005-NCB

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
Series 2005-NCB

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 22 of 25
Merrill Lynch Mortgage Investors Trust Series 2005-NCB

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
Series 2005-NCB

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 23 of 25
Merrill Lynch Mortgage Investors Trust Series 2005-NCB

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
Series 2005-NCB

December 27, 2005 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS
TRIGGER EVENTS
														Total
						Has the Stepdown Date Occurred? (0=No,1=Yes)								0

						Does the Trigger Event Exist? (0=No,1=Yes)								0


						A Trigger Exists if (i) or (ii) occurs after the Stepdown

						(i) The quotient of ( (1)/(2) > (3) )
						(1) 60+ Day Rolling Delinquency Balance								3,549,636.86
						(2) Stated Principal Balance								240,018,190.75
						60+ Day Delinquency % ( (1)/(2) )								0.739452%
						(3) 10% of Required Percentage								0.000000%

						(ii) The quotient of ( (4)/(5) > (6))
						(4) Aggregate Cumulative Realized Loss								0.00
						(5) Cutoff Date Pool Principal Balance								247,934,336.10
						Trigger Event Loss % ( (4)/(5) )								0.000000%
						(6) Applicable Loss %								0.000000%


ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK



ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
														Total
Current LIBOR Rate														4.210000%
Next LIBOR Rate														4.378750%



Page 24 of 25
Merrill Lynch Mortgage Investors Trust Series 2005-NCB

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
Series 2005-NCB

December 27, 2005 Distribution
Other Related Information
ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
														Total
Current Scheduled Payments														2,227,783.44
Current Scheduled Payments 1 Month Prior														0.00
Current Scheduled Payments 2 Month Prior														0.00
Current Scheduled Payments 3 Month Prior														0.00
Current Scheduled Payments 4 Month Prior														0.00
Current Scheduled Payments 5 Month Prior														0.00
Current Scheduled Payments 6 Month Prior														0.00
Current Scheduled Payments 7 Month Prior														0.00
Current Scheduled Payments 8 Month Prior														0.00
Current Scheduled Payments 9 Month Prior														0.00
Current Scheduled Payments 10 Month Prior														0.00
Current Scheduled Payments 11 Month Prior														0.00

Delinquent 60+ Scheduled Payments														0.00
Delinq. 60+ Sched. Pmnts, 1 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 2 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 3 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 4 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 5 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 6 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 7 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 8 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 9 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 10 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 11 Month Prior														0.00




Page 25 of 25

Mortgage Loan Asset-Backed Certificates, Series 2005-NCB 8-K