8-K 1 aeg05002_10506.txt 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): June 27, 2005 AEGIS ASSET BACKED SECURITIES TRUST Asset Backed Securities, Series 2005-2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-118695-03 N/A Pooling and Servicing Agreement) (Commission IRS EIN (State or other File Number) jurisdiction of Incorporation) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (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 under the Exchange Act (17 CFR 240.14a-12) [ ] 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 On June 27, 2005 a distribution was made to holders of AEGIS ASSET BACKED SECURITIES TRUST, Asset Backed Securities, Series 2005-2 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Securities, Series 2005-2 Trust, relating to the June 27, 2005 distribution. 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. AEGIS ASSET BACKED SECURITIES TRUST Asset Backed Securities, Series 2005-2 Trust (Registrant) By: Wells Fargo Bank, N.A. as Administrator By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 6/28/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Securities, Series 2005-2 Trust, relating to the June 27, 2005 distribution. EX-99.1

AEGIS Asset Backed Securities Trust Asset Backed Securities Record Date: 45/2931/052005 Distribution Date: 56/2527/052005 AEGIS Asset Backed Securities Trust Asset Backed Securities Series 2005-2 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 www.ctslink.com Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest ~~Principal~~ Class CUSIP Description Rate Balance Distribution ~~Distribution~~ 1A1 00764MEW3 SEN 3.~~16000~~19000% ~~181~~180,~~968~~274,~~000~~734.0044 ~~431~~527,~~264~~153.1637 ~~1,693,265.56~~ 1A2 00764MEX1 SEN 3.~~26000~~29000% 194,917,000.00 ~~476~~587,~~572~~837.0619 ~~0.00~~ 1A3 00764MEY9 SEN 3.~~39000~~42000% 25,495,000.00 6479,~~821~~926.0482 ~~0.00~~ 2A1 00764MEZ6 SEN 3.~~29000~~32000% ~~309~~308,~~296~~210,~~000~~468.0025 ~~763~~937,~~187~~987.8819 ~~1,085,531.75~~ 2A2 00764MFA0 SEN 3.~~34000~~37000% 77,~~324~~052,~~000~~617.0006 ~~193~~238,~~696~~028.6238 ~~271,382.94~~ M1 00764MFB8 SEN 3.~~48000~~51000% 38,500,000.00 ~~100~~123,~~485~~873.0075 ~~0.00~~ M2 00764MFC6 SEN 3.~~50000~~53000% 34,000,000.00 89110,~~250~~018.0033 ~~0.00~~ M3 00764MFD4 SEN 3.~~54000~~57000% 21,000,000.00 5568,~~755~~722.0050 ~~0.00~~ M4 00764MFE2 SEN 3.~~69000~~72000% 18,500,000.00 5163,~~198~~085.~~75 0.~~00 M5 00764MFF9 SEN 3.~~71000~~74000% 18,000,000.00 5061,~~085~~710.00 ~~0.00~~ M6 00764MFG7 SEN 3.~~76000~~79000% 16,500,000.00 4657,~~530~~323.0075 ~~0.00~~ B1 00764MFH5 SUB 4.~~29000~~32000% 15,000,000.00 4859,~~262~~400.~~50 0.~~00 B2 00764MFJ1 SUB 4.~~41000~~44000% 14,000,000.00 4656,~~305~~980.00 ~~0.00~~ B3 00764MFK8 SUB 4.~~81000~~84000% 11,000,000.00 3948,~~682~~803.5033 ~~0.00~~ N1 00764MFL6 SEN 4.45000% 3835,~~490~~700,~~000~~951.0053 ~~128~~132,~~460~~391.3803 ~~2,789,048.47~~ N2 00764MFM4 SEN 5.25000% 7,500,000.00 2932,~~531~~812.2550 ~~0.00~~ CE AEG05002C SEN 0.00000% 0.00 0.00 ~~0.00~~ Totals 1,~~021~~015,~~490~~650,~~000~~771.0028 23,~~615~~186,~~087~~053.14 ~~5,839,228.72~~

Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses 1A1 6,135,503.09 0.00 ~~180~~174,~~274~~139,~~734~~231.4435 26,~~124~~662,~~529~~656.7246 0.00 1A2 0.00 0.00 194,917,000.00 ~~476~~587,~~572~~837.0619 0.00 1A3 0.00 0.00 25,495,000.00 6479,~~821~~926.0482 0.00 2A1 1,916,625.63 0.00 ~~308~~306,~~210~~293,~~468~~842.2562 12,~~848~~854,~~719~~612.6382 0.00 2A2 479,156.41 0.00 7776,~~052~~573,~~617~~460.0666 ~~465~~717,~~079~~184.5679 0.00 M1 0.00 0.00 38,500,000.00 ~~100~~123,~~485~~873.0075 0.00 M2 0.00 0.00 34,000,000.00 89110,~~250~~018.0033 0.00 M3 0.00 0.00 21,000,000.00 5568,~~755~~722.0050 0.00 M4 0.00 0.00 18,500,000.00 5163,~~198~~085.7500 0.00 M5 0.00 0.00 18,000,000.00 5061,~~085~~710.00 0.00 M6 0.00 0.00 16,500,000.00 4657,~~530~~323.0075 0.00 B1 0.00 0.00 15,000,000.00 4859,~~262~~400.5000 0.00 B2 0.00 0.00 14,000,000.00 4656,~~305~~980.00 0.00 B3 0.00 0.00 11,000,000.00 3948,~~682~~803.5033 0.00 N1 2,499,051.87 0.00 3533,~~700~~201,~~951~~899.5366 2,~~917~~631,~~508~~442.8590 0.00 N2 0.00 0.00 7,500,000.00 2932,~~531~~812.2550 0.00 CE 0.00 0.00 0.00 0.00 0.00 Totals 11,030,337.00 0.00 1,~~015~~004,~~650~~620,~~771~~434.2829 814,~~454~~216,~~315~~390.8614 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.

Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) 1A1 181,968,000.00 ~~181~~180,~~968~~274,~~000~~734.0044 0.00 16,~~693~~135,~~265~~503.5609 0.00 0.00 1A2 194,917,000.00 194,917,000.00 0.00 0.00 0.00 0.00 1A3 25,495,000.00 25,495,000.00 0.00 0.00 0.00 0.00 2A1 309,296,000.00 ~~309~~308,~~296~~210,~~000~~468.0025 0.00 1,~~085~~916,~~531~~625.7563 0.00 0.00 2A2 77,324,000.00 77,~~324~~052,~~000~~617.0006 0.00 ~~271~~479,~~382~~156.9441 0.00 0.00 M1 38,500,000.00 38,500,000.00 0.00 0.00 0.00 0.00 M2 34,000,000.00 34,000,000.00 0.00 0.00 0.00 0.00 M3 21,000,000.00 21,000,000.00 0.00 0.00 0.00 0.00 M4 18,500,000.00 18,500,000.00 0.00 0.00 0.00 0.00 M5 18,000,000.00 18,000,000.00 0.00 0.00 0.00 0.00 M6 16,500,000.00 16,500,000.00 0.00 0.00 0.00 0.00 B1 15,000,000.00 15,000,000.00 0.00 0.00 0.00 0.00 B2 14,000,000.00 14,000,000.00 0.00 0.00 0.00 0.00 B3 11,000,000.00 11,000,000.00 0.00 0.00 0.00 0.00 N1 38,490,000.00 3835,~~490~~700,~~000~~951.0053 0.00 2,~~789~~499,~~048~~051.4787 0.00 0.00 N2 7,500,000.00 7,500,000.00 0.00 0.00 0.00 0.00 CE 0.00 0.00 0.00 0.00 0.00 0.00 Totals 1,021,490,000.00 1,~~021~~015,~~490~~650,~~000~~771.0028 0.00 511,~~839~~030,~~228~~337.7200 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution 1A1 16,~~693~~135,~~265~~503.5609 ~~180~~174,~~274~~139,~~734~~231.4435 0.~~99069471~~95697722 16,~~693~~135,~~265~~503.5609 1A2 0.00 194,917,000.00 1.00000000 0.00 1A3 0.00 25,495,000.00 1.00000000 0.00 2A1 1,~~085~~916,~~531~~625.7563 ~~308~~306,~~210~~293,~~468~~842.2562 0.~~99649031~~99029358 1,~~085~~916,~~531~~625.7563 2A2 ~~271~~479,~~382~~156.9441 7776,~~052~~573,~~617~~460.0666 0.~~99649031~~99029358 ~~271~~479,~~382~~156.9441 M1 0.00 38,500,000.00 1.00000000 0.00 M2 0.00 34,000,000.00 1.00000000 0.00 M3 0.00 21,000,000.00 1.00000000 0.00 M4 0.00 18,500,000.00 1.00000000 0.00 M5 0.00 18,000,000.00 1.00000000 0.00 M6 0.00 16,500,000.00 1.00000000 0.00 B1 0.00 15,000,000.00 1.00000000 0.00 B2 0.00 14,000,000.00 1.00000000 0.00 B3 0.00 11,000,000.00 1.00000000 0.00 N1 2,~~789~~499,~~048~~051.4787 3533,~~700~~201,~~951~~899.5366 0.~~92753836~~86261106 2,~~789~~499,~~048~~051.4787 N2 0.00 7,500,000.00 1.00000000 0.00 CE 0.00 0.00 0.00000000 0.00 Totals 511,~~839~~030,~~228~~337.7200 1,~~015~~004,~~650~~620,~~771~~434.2829 0.~~99428362~~98348533 511,~~839~~030,~~228~~337.7200

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1A1 181,968,000.00 ~~1000~~990.~~00000000~~69470698 0.00000000 933.~~30529302~~71748379 0.00000000 1A2 194,917,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1A3 25,495,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 2A1 309,296,000.00 ~~1000~~996.~~00000000~~49031429 0.00000000 36.~~50968571~~19673591 0.00000000 2A2 77,324,000.00 ~~1000~~996.~~00000000~~49031426 0.00000000 36.~~50968574~~19673594 0.00000000 M1 38,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 34,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M3 21,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M4 18,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M5 18,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M6 16,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B1 15,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B2 14,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B3 11,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 N1 38,490,000.00 ~~1000~~927.~~00000000~~53836139 0.00000000 7264.~~46163861~~92730242 0.00000000 N2 7,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 CE 0.00 0.00000000 0.00000000 0.00000000 0.00000000

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution 1A1 0.00000000 933.~~30529302~~71748379 ~~990~~956.~~69470698~~97722319 0.~~99069471~~95697722 933.~~30529302~~71748379 1A2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1A3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 2A1 0.00000000 36.~~50968571~~19673591 ~~996~~990.~~49031429~~29357838 0.~~99649031~~99029358 36.~~50968571~~19673591 2A2 0.00000000 36.~~50968574~~19673594 ~~996~~990.~~49031426~~29357845 0.~~99649031~~99029358 36.~~50968574~~19673594 M1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 N1 0.00000000 7264.~~46163861~~92730242 ~~927~~862.~~53836139~~61105898 0.~~92753836~~86261106 7264.~~46163861~~92730242 N2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 CE 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall 1A1 181,968,000.00 3.~~16000~~19000% ~~181~~180,~~968~~274,~~000~~734.0044 ~~431~~527,~~264~~153.1637 0.00 0.00 1A2 194,917,000.00 3.~~26000~~29000% 194,917,000.00 ~~476~~587,~~572~~837.0619 0.00 0.00 1A3 25,495,000.00 3.~~39000~~42000% 25,495,000.00 6479,~~821~~926.0482 0.00 0.00 2A1 309,296,000.00 3.~~29000~~32000% ~~309~~308,~~296~~210,~~000~~468.0025 ~~763~~937,~~187~~987.8819 0.00 0.00 2A2 77,324,000.00 3.~~34000~~37000% 77,~~324~~052,~~000~~617.0006 ~~193~~238,~~696~~028.6238 0.00 0.00 M1 38,500,000.00 3.~~48000~~51000% 38,500,000.00 ~~100~~123,~~485~~873.0075 0.00 0.00 M2 34,000,000.00 3.~~50000~~53000% 34,000,000.00 89110,~~250~~018.0033 0.00 0.00 M3 21,000,000.00 3.~~54000~~57000% 21,000,000.00 5568,~~755~~722.0050 0.00 0.00 M4 18,500,000.00 3.~~69000~~72000% 18,500,000.00 5163,~~198~~085.7500 0.00 0.00 M5 18,000,000.00 3.~~71000~~74000% 18,000,000.00 5061,~~085~~710.00 0.00 0.00 M6 16,500,000.00 3.~~76000~~79000% 16,500,000.00 4657,~~530~~323.0075 0.00 0.00 B1 15,000,000.00 4.~~29000~~32000% 15,000,000.00 4859,~~262~~400.5000 0.00 0.00 B2 14,000,000.00 4.~~41000~~44000% 14,000,000.00 4656,~~305~~980.00 0.00 0.00 B3 11,000,000.00 4.~~81000~~84000% 11,000,000.00 3948,~~682~~803.5033 0.00 0.00 N1 38,490,000.00 4.45000% 3835,~~490~~700,~~000~~951.0053 ~~128~~132,~~460~~391.3803 0.00 0.00 N2 7,500,000.00 5.25000% 7,500,000.00 2932,~~531~~812.2550 0.00 0.00 CE 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 1,021,490,000.00 23,~~615~~186,~~087~~053.14 0.00 0.00

Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance 1A1 0.00 0.00 ~~431~~527,~~264~~153.1637 0.00 ~~180~~174,~~274~~139,~~734~~231.4435 1A2 0.00 0.00 ~~476~~587,~~572~~837.0619 0.00 194,917,000.00 1A3 0.00 0.00 6479,~~821~~926.0482 0.00 25,495,000.00 2A1 0.00 0.00 ~~763~~937,~~187~~987.8819 0.00 ~~308~~306,~~210~~293,~~468~~842.2562 2A2 0.00 0.00 ~~193~~238,~~696~~028.6238 0.00 7776,~~052~~573,~~617~~460.0666 M1 0.00 0.00 ~~100~~123,~~485~~873.0075 0.00 38,500,000.00 M2 0.00 0.00 89110,~~250~~018.0033 0.00 34,000,000.00 M3 0.00 0.00 5568,~~755~~722.0050 0.00 21,000,000.00 M4 0.00 0.00 5163,~~198~~085.7500 0.00 18,500,000.00 M5 0.00 0.00 5061,~~085~~710.00 0.00 18,000,000.00 M6 0.00 0.00 4657,~~530~~323.0075 0.00 16,500,000.00 B1 0.00 0.00 4859,~~262~~400.5000 0.00 15,000,000.00 B2 0.00 0.00 4656,~~305~~980.00 0.00 14,000,000.00 B3 0.00 0.00 3948,~~682~~803.5033 0.00 11,000,000.00 N1 0.00 0.00 ~~128~~132,~~460~~391.3803 0.00 3533,~~700~~201,~~951~~899.5366 N2 0.00 0.00 2932,~~531~~812.2550 0.00 7,500,000.00 CE 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 23,~~615~~186,~~087~~053.14 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall 1A1 181,968,000.00 3.~~16000~~19000% ~~1000~~990.~~00000000~~69470698 2.~~37000000~~89695644 0.00000000 0.00000000 1A2 194,917,000.00 3.~~26000~~29000% 1000.00000000 23.~~44499997~~01583335 0.00000000 0.00000000 1A3 25,495,000.00 3.~~39000~~42000% 1000.00000000 23.~~54250010~~13499980 0.00000000 0.00000000 2A1 309,296,000.00 3.~~29000~~32000% ~~1000~~996.~~00000000~~49031429 23.~~46750000~~03265218 0.00000000 0.00000000 2A2 77,324,000.00 3.~~34000~~37000% ~~1000~~996.~~00000000~~49031426 23.~~50500000~~07832471 0.00000000 0.00000000 M1 38,500,000.00 3.~~48000~~51000% 1000.00000000 23.~~61000000~~21750000 0.00000000 0.00000000 M2 34,000,000.00 3.~~50000~~53000% 1000.00000000 23.~~62500000~~23583324 0.00000000 0.00000000 M3 21,000,000.00 3.~~54000~~57000% 1000.00000000 23.~~65500000~~27250000 0.00000000 0.00000000 M4 18,500,000.00 3.~~69000~~72000% 1000.00000000 23.~~76750000~~41000000 0.00000000 0.00000000 M5 18,000,000.00 3.~~71000~~74000% 1000.00000000 23.~~78250000~~42833333 0.00000000 0.00000000 M6 16,500,000.00 3.~~76000~~79000% 1000.00000000 23.~~82000000~~47416667 0.00000000 0.00000000 B1 15,000,000.00 4.~~29000~~32000% 1000.00000000 3.~~21750000~~96000000 0.00000000 0.00000000 B2 14,000,000.00 4.~~41000~~44000% 1000.00000000 34.~~30750000~~07000000 0.00000000 0.00000000 B3 11,000,000.00 4.~~81000~~84000% 1000.00000000 34.~~60750000~~43666636 0.00000000 0.00000000 N1 38,490,000.00 4.45000% ~~1000~~927.~~00000000~~53836139 3.~~33750013~~43962146 0.00000000 0.00000000 N2 7,500,000.00 5.25000% 1000.00000000 34.~~93750000~~37500000 0.00000000 0.00000000 CE 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) Per $1 denomination.

Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance 1A1 0.00000000 0.00000000 2.~~37000000~~89695644 0.00000000 ~~990~~956.~~69470698~~97722319 1A2 0.00000000 0.00000000 23.~~44499997~~01583335 0.00000000 1000.00000000 1A3 0.00000000 0.00000000 23.~~54250010~~13499980 0.00000000 1000.00000000 2A1 0.00000000 0.00000000 23.~~46750000~~03265218 0.00000000 ~~996~~990.~~49031429~~29357838 2A2 0.00000000 0.00000000 23.~~50500000~~07832471 0.00000000 ~~996~~990.~~49031426~~29357845 M1 0.00000000 0.00000000 23.~~61000000~~21750000 0.00000000 1000.00000000 M2 0.00000000 0.00000000 23.~~62500000~~23583324 0.00000000 1000.00000000 M3 0.00000000 0.00000000 23.~~65500000~~27250000 0.00000000 1000.00000000 M4 0.00000000 0.00000000 23.~~76750000~~41000000 0.00000000 1000.00000000 M5 0.00000000 0.00000000 23.~~78250000~~42833333 0.00000000 1000.00000000 M6 0.00000000 0.00000000 23.~~82000000~~47416667 0.00000000 1000.00000000 B1 0.00000000 0.00000000 3.~~21750000~~96000000 0.00000000 1000.00000000 B2 0.00000000 0.00000000 34.~~30750000~~07000000 0.00000000 1000.00000000 B3 0.00000000 0.00000000 34.~~60750000~~43666636 0.00000000 1000.00000000 N1 0.00000000 0.00000000 3.~~33750013~~43962146 0.00000000 ~~927~~862.~~53836139~~61105898 N2 0.00000000 0.00000000 34.~~93750000~~37500000 0.00000000 1000.00000000 CE 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 814,~~839~~587,~~701~~877.5170 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 649,~~037~~945.2950 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties ~~25,244~~0.5300 Total Deposits 814,~~870~~637,~~983~~823.3320 Withdrawals Reimbursement for Servicer Advances 06,037.0029 Payment of Service Fee ~~416~~415,~~667~~395.4777 Payment of Interest and Principal 814,~~454~~216,~~315~~390.8614 Total Withdrawals (Pool Distribution Amount) 814,~~870~~637,~~983~~823.3320 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~416~~415,~~667~~395.4777 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~416~~415,~~667~~395.4777

LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT ~~DELINQUENCY STATUS~~ DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 017 0 0 017 01,554,557.0092 0.00 0.00 01,554,557.0092 30 Days 548 0 0 0 548 ~~830~~5,~~086~~884,837.2808 0.00 0.00 0.00 ~~830~~5,~~086~~884,837.2808 60 Days 06 0 0 0 06 01,026,086.0028 0.00 0.00 0.00 01,026,086.0028 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 554 017 0 0 571 ~~830~~6,~~086~~910,923.2836 01,554,557.0092 0.00 0.00 ~~830~~8,~~086~~465,481.28 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.~~000000~~218172% 0.000000% 0.000000% 0.~~000000~~218172% 0.~~000000~~157191% 0.000000% 0.000000% 0.~~000000~~157191% 30 Days 0.~~063865~~616016% 0.000000% 0.000000% 0.000000% 0.~~063865~~616016% 0.~~083222~~595054% 0.000000% 0.000000% 0.000000% 0.~~083222~~595054% 60 Days 0.~~000000~~077002% 0.000000% 0.000000% 0.000000% 0.~~000000~~077002% 0.~~000000~~103754% 0.000000% 0.000000% 0.000000% 0.~~000000~~103754% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.~~063865~~693018% 0.~~000000~~218172% 0.000000% 0.000000% 0.~~063865~~911191% 0.~~083222~~698808% 0.~~000000~~157191% 0.000000% 0.000000% 0.~~083222~~855999%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 649,~~037~~945.2950

COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 7.~~737769~~734908% Weighted Average Net Coupon 7.~~248287~~234907% Weighted Average Pass-Through Rate 7.~~237769~~234907% Weighted Average Maturity(Stepdown Calculation ) ~~351~~350 Beginning Scheduled Collateral Loan Count 7,~~848~~829 Number Of Loans Paid In Full 1937 Ending Scheduled Collateral Loan Count 7,~~829~~792 Beginning Scheduled Collateral Balance 1996,~~021~~949,~~490,000~~819.0076 Ending Scheduled Collateral Balance ~~996~~988,~~949~~418,~~819~~534.7663 Ending Actual Collateral Balance at 2931-~~Apr~~May-2005 ~~997~~988,~~435~~958,~~223~~790.0690 Monthly P &I Constant 7,~~101~~082,~~572~~397.0514 Special Servicing Fee 0.00 Prepayment Penalties ~~25,244~~0.5300 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal ~~653~~656,~~419~~301.0036 Unscheduled Principal 27,~~398~~874,~~670~~983.0977 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount ~~1,908~~0.8500 Specified O/C Amount 24,500,000.00 Overcollateralized Amount 24,500,000.00 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 0.00 Excess Cash Amount 2,~~919~~556,~~889~~200.8126

Miscellaneous Reporting Cap Contract Amount to Trust 02,271.0096 Swap to Trust 0.00 Swap to Counterparty ~~642~~420,~~000~~729.9466

Group Level Collateral Statement Group Group 1 ARM Group 1 Fixed Group 2 ARM Collateral Description Mixed ARM Mixed Fixed Mixed ARM Weighted Average Coupon Rate 7.~~489855~~483206 9.~~460392~~461194 7.~~612057~~611854 Weighted Average Net Rate 6.~~989855~~983236 8.~~960392~~961194 7.~~112057~~111854 Weighted Average Maturity ~~358~~357 ~~351~~350 ~~358~~357 Beginning Loan Count 2,~~475~~466 1,~~132~~130 3,~~120~~113 Loans Paid In Full 918 24 713 Ending Loan Count 2,~~466~~448 1,~~130~~126 3,~~113~~100 Beginning Scheduled Balance ~~445~~444,~~650~~156,~~951~~664.5497 64,~~210~~010,~~189~~150.4478 ~~415~~414,~~546~~334,~~682~~836.0336 Ending ~~scheduled~~Scheduled Balance ~~444~~438,~~156~~351,~~664~~845.9702 6463,~~010~~679,~~150~~467.7864 ~~414~~412,~~334~~106,~~836~~344.3642 Record Date 0405/2931/2005 0405/2931/2005 0405/2931/2005 Principal And Interest Constant 3,~~032~~021,~~777~~940.6447 ~~573~~572,~~628~~534.1529 2,~~887~~880,~~310~~507.6646 Scheduled Principal ~~251~~252,~~226~~177.6736 67,~~416~~857.8425 ~~251~~252,~~339~~293.9289 Unscheduled Principal 15,~~243~~552,~~059~~642.9059 ~~132~~262,~~621~~825.8289 ~~960~~1,~~505~~976,198.7505 Scheduled Interest 2,~~781~~769,~~550~~763.9711 ~~506~~504,~~211~~677.3104 2,~~635~~628,~~970~~213.7457 Servicing Fees 185,~~687~~065.9028 26,~~754~~670.2590 ~~173~~172,~~144~~639.4552 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread ~~Fee~~ 1 0.00 0.00 0.00 Spread ~~Fee~~ 2 0.00 0.00 0.00 Spread ~~Fee~~ 3 0.00 0.00 0.00 Net Interest 2,~~595~~584,~~863~~697.0783 ~~479~~478,~~457~~006.0614 2,~~462~~455,~~826~~574.2905 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 6.~~989855~~983236 8.~~960392~~961194 7.~~112057~~111854

Group Level Collateral Statement Group Group 2 Fixed Total Collateral Description Mixed Fixed Mixed Fixed & Arm Weighted Average Coupon Rate 8.~~436380~~437152 7.~~737769~~734908 Weighted Average Net Rate 7.~~936380~~937152 7.~~248287~~234907 Weighted Average Maturity ~~305~~304 ~~351~~350 Beginning Loan Count 1,~~121~~120 7,~~848~~829 Loans Paid In Full 12 1937 Ending Loan Count 1,~~120~~118 7,~~829~~792 Beginning Scheduled Balance 74,~~594~~448,~~085~~167.8465 1996,~~000~~949,~~001,908~~819.8576 Ending scheduled Balance 74,~~448~~280,~~167~~877.6555 ~~996~~988,~~949~~418,~~819~~534.7663 Record Date 0405/2931/2005 0405/2931/2005 Principal And Interest Constant 607,~~855~~414.6092 7,~~101~~082,~~572~~397.0514 Scheduled Principal 83,~~435~~972.5786 ~~653~~656,~~419~~301.0036 Unscheduled Principal 6283,~~482~~317.6224 27,~~398~~874,~~670~~983.0977 Scheduled Interest ~~524~~523,~~420~~442.0306 6,~~448~~426,~~153~~095.0578 Servicing Fees 31,~~080~~020.8707 ~~416~~415,~~667~~395.4777 Master Servicing Fees 0.00 0.00 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 0.00 Pool Insurance Fee 0.00 0.00 Spread ~~Fee~~ 1 0.00 0.00 Spread ~~Fee~~ 2 0.00 0.00 Spread ~~Fee~~ 3 0.00 0.00 Net Interest ~~493~~492,~~339~~421.1699 6,~~031~~010,~~485~~700.5801 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 7.~~936380~~937152 7.~~237769~~234907

Filing Compare · AEGIS ASSET BACKED SECURITIES TRUST 2005-2