8-K 1 wfm05ar7_10508.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): August 25, 2005 WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2005-AR7 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-122307-08 Pooling and Servicing Agreement) (Commission 54-2173186 (State or other File Number) 54-2173187 jurisdiction IRS EIN 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 August 25, 2005 a distribution was made to holders of WELLS FARGO ASSET SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 2005-AR7 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-AR7 Trust, relating to the August 25, 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. WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2005-AR7 Trust (Registrant) By: Wells Fargo Bank, N.A. as Master Servicer By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 8/25/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-AR7 Trust, relating to the August 25, 2005 distribution. EX-99.1

Wells Fargo Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 67/3029/2005 Distribution Date: 78/25/2005 Wells Fargo Asset Securities Corporation Mortgage Pass-Through Certificates Series 2005-AR7 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 Class CUSIP Description Rate Balance Distribution I-A-1 94982PAA7 SEN 5.~~13784~~13624% ~~655~~647,~~539~~185,~~923~~547.0487 2,~~806~~769,~~618~~302.9395 I-A-2 94982PAB5 SEN 5.~~13784~~13624% 11,~~730~~581,~~671~~172.7999 5049,~~223~~555.5277 I-A-R 94982PAC3 SEN 5.~~13624~~13393% 0.00 0.00 I-A-LR 94982PAD1 SEN 5.~~13624~~13393% 0.00 0.00 II-A-1 94982PAE9 SEN 5.~~14348~~13988% ~~188~~185,~~371~~362,~~696~~461.4788 ~~807~~793,~~377~~726.2509 II-A-2 94982PAF6 SEN 5.~~14348~~13988% 3,~~371~~317,~~707~~844.6265 14,~~451~~207.4308 B-1 94982PAG4 SUB 5.~~13910~~13706% 11,~~248~~243,~~636~~957.8319 48,~~171~~120.6046 B-2 94982PAH2 SUB 5.~~13910~~13706% 7,~~648~~645,~~633~~451.4144 32,~~754~~720.8103 B-3 94982PAJ8 SUB 5.~~13910~~13706% 4,~~499~~497,~~254~~383.9013 19,~~267~~247.7933 B-4 94982PAK5 SUB 5.~~13910~~13706% 2,~~699~~698,~~752~~629.7763 11,~~561~~549.5325 B-5 94982PAL3 SUB 5.~~13910~~13706% 2,~~249~~248,~~127~~192.8619 9,~~631~~621.7553 B-6 94982PAM1 SUB 5.~~13910~~13706% 1,~~350~~349,~~501~~939.3854 5,~~783~~777.4430 Totals ~~888~~877,~~709~~130,~~906~~580.0751 3,~~805~~753,~~842~~827.0579

Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses I-A-1 87,~~354~~240,~~375~~904.1603 0.00 ~~647~~639,~~185~~944,~~547~~643.8785 1110,~~160~~010,~~994~~206.0998 0.00 I-A-2 ~~149~~129,~~498~~573.8060 0.00 11,~~581~~451,~~172~~599.9939 ~~199~~179,~~722~~129.3237 0.00 I-A-R 0.00 0.00 0.00 0.00 0.00 I-A-LR 0.00 0.00 0.00 0.00 0.00 II-A-1 3,~~009~~190,~~234~~051.5965 0.00 ~~185~~182,~~362~~172,~~461~~410.8823 3,~~816~~983,~~611~~777.8474 0.00 II-A-2 5357,~~862~~099.9746 0.00 3,~~317~~260,~~844~~745.6519 6871,~~314~~306.4054 0.00 B-1 4,~~679~~712.6341 0.00 11,~~243~~239,~~957~~244.1978 52,~~851~~832.2387 0.00 B-2 3,~~181~~204.9725 0.00 7,~~645~~642,~~451~~247.4419 35,~~936~~924.7828 0.00 B-3 1,~~871~~884.7788 0.00 4,~~497~~495,~~383~~498.1325 21,~~139~~132.5621 0.00 B-4 1,~~123~~131.1501 0.00 2,~~698~~697,~~629~~498.6361 12,~~684~~680.6826 0.00 B-5 ~~935~~942.6823 0.00 2,~~248~~247,~~192~~249.1996 10,~~567~~563.4376 0.00 B-6 ~~561~~565.8377 0.00 1,349,~~939~~373.5478 6,~~345~~343.2707 0.00 Totals 1110,~~579~~630,~~325~~069.5529 0.00 ~~877~~866,~~130~~500,~~580~~511.5123 1514,~~385~~383,~~167~~897.6008 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) I-A-1 663,773,000.00 ~~655~~647,~~539~~185,~~923~~547.0487 ~~282~~280,~~366~~407.8597 86,~~072~~960,~~008~~496.3106 0.00 0.00 I-A-2 11,878,000.00 11,~~730~~581,~~671~~172.7999 5,~~052~~017.8681 ~~144~~124,~~445~~555.9479 0.00 0.00 I-A-R 50.00 0.00 0.00 0.00 0.00 0.00 I-A-LR 50.00 0.00 0.00 0.00 0.00 0.00 II-A-1 191,796,000.00 ~~188~~185,~~371~~362,~~696~~461.4788 68,~~771~~601.1610 23,~~940~~121,~~463~~450.4355 0.00 0.00 II-A-2 3,433,000.00 3,~~371~~317,~~707~~844.6265 1,~~230~~227.9591 5255,~~632~~871.0255 0.00 0.00 B-1 11,258,000.00 11,~~248~~243,~~636~~957.8319 4,~~679~~712.6341 0.00 0.00 0.00 B-2 7,655,000.00 7,~~648~~645,~~633~~451.4144 3,~~181~~204.9725 0.00 0.00 0.00 B-3 4,503,000.00 4,~~499~~497,~~254~~383.9013 1,~~871~~884.7788 0.00 0.00 0.00 B-4 2,702,000.00 2,~~699~~698,~~752~~629.7763 1,~~123~~131.1501 0.00 0.00 0.00 B-5 2,251,000.00 2,~~249~~248,~~127~~192.8619 ~~935~~942.6823 0.00 0.00 0.00 B-6 1,351,625.51 1,~~350~~349,~~501~~939.3854 ~~561~~565.8377 0.00 0.00 0.00 Totals 900,600,725.51 ~~888~~877,~~709~~130,~~906~~580.0751 ~~369~~367,~~775~~695.8534 1110,~~209~~262,~~549~~373.7095 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 I-A-1 87,~~354~~240,~~375~~904.1603 ~~647~~639,~~185~~944,~~547~~643.8785 0.~~97501035~~96410165 87,~~354~~240,~~375~~904.1603 I-A-2 ~~149~~129,~~498~~573.8060 11,~~581~~451,~~172~~599.9939 0.~~97501035~~96410165 ~~149~~129,~~498~~573.8060 I-A-R 0.00 0.00 0.00000000 0.00 I-A-LR 0.00 0.00 0.00000000 0.00 II-A-1 3,~~009~~190,~~234~~051.5965 ~~185~~182,~~362~~172,~~461~~410.8823 0.~~96645635~~94982382 3,~~009~~190,~~234~~051.5965 II-A-2 5357,~~862~~099.9746 3,~~317~~260,~~844~~745.6519 0.~~96645635~~94982382 5357,~~862~~099.9746 B-1 4,~~679~~712.6341 11,~~243~~239,~~957~~244.1978 0.~~99875264~~99833405 4,~~679~~712.6341 B-2 3,~~181~~204.9725 7,~~645~~642,~~451~~247.4419 0.~~99875264~~99833405 3,~~181~~204.9725 B-3 1,~~871~~884.7788 4,~~497~~495,~~383~~498.1325 0.~~99875264~~99833406 1,~~871~~884.7788 B-4 1,~~123~~131.1501 2,~~698~~697,~~629~~498.6361 0.~~99875264~~99833405 1,~~123~~131.1501 B-5 ~~935~~942.6823 2,~~248~~247,~~192~~249.1996 0.~~99875264~~99833406 ~~935~~942.6823 B-6 ~~561~~565.8377 1,349,~~939~~373.5478 0.~~99875264~~99833406 ~~561~~565.8377 Totals 1110,~~579~~630,~~325~~069.5529 ~~877~~866,~~130~~500,~~580~~511.5123 0.~~97393946~~96213615 1110,~~579~~630,~~325~~069.5529

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A-1 663,773,000.00 ~~987~~975.~~59654737~~01035425 0.~~42539671~~42244558 1210.~~16079640~~48625970 0.00000000 I-A-2 11,878,000.00 ~~987~~975.~~59654740~~01035444 0.~~42539653~~42244570 1210.~~16079643~~48625947 0.00000000 I-A-R 50.00 0.00000000 0.00000000 0.00000000 0.00000000 I-A-LR 50.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 191,796,000.00 ~~982~~966.~~14611603~~45634883 0.~~35856410~~35767743 1516.~~33120310~~27484697 0.00000000 II-A-2 3,433,000.00 ~~982~~966.~~14611710~~45635013 0.~~35856394~~35767842 1516.~~33120303~~27484707 0.00000000 B-1 11,258,000.00 ~~999~~998.~~16830965~~75263724 0.~~41567152~~41858323 0.00000000 0.00000000 B-2 7,655,000.00 ~~999~~998.~~16830960~~75263749 0.~~41567211~~41858263 0.00000000 0.00000000 B-3 4,503,000.00 ~~999~~998.~~16831002~~75263824 0.~~41567177~~41858317 0.00000000 0.00000000 B-4 2,702,000.00 ~~999~~998.~~16830866~~75263879 0.~~41567358~~41858253 0.00000000 0.00000000 B-5 2,251,000.00 ~~999~~998.~~16830742~~75263883 0.~~41567303~~41858285 0.00000000 0.00000000 B-6 1,351,625.51 ~~999~~998.~~16831253~~75263526 0.~~41566987~~41858488 0.00000000 0.00000000 (2) Per $1000 denomination.

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution I-A-1 0.00000000 1210.~~58619311~~90870528 ~~975~~964.~~01035425~~10164898 0.~~97501035~~96410165 1210.~~58619311~~90870528 I-A-2 0.00000000 1210.~~58619296~~90870517 ~~975~~964.~~01035444~~10164927 0.~~97501035~~96410165 1210.~~58619296~~90870517 I-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 0.00000000 1516.~~68976720~~63252440 ~~966~~949.~~45634883~~82382443 0.~~96645635~~94982382 1516.~~68976720~~63252440 II-A-2 0.00000000 1516.~~68976697~~63252549 ~~966~~949.~~45635013~~82382464 0.~~96645635~~94982382 1516.~~68976697~~63252549 B-1 0.00000000 0.~~41567152~~41858323 998.~~75263724~~33405401 0.~~99875264~~99833405 0.~~41567152~~41858323 B-2 0.00000000 0.~~41567211~~41858263 998.~~75263749~~33405487 0.~~99875264~~99833405 0.~~41567211~~41858263 B-3 0.00000000 0.~~41567177~~41858317 998.~~75263824~~33405507 0.~~99875264~~99833406 0.~~41567177~~41858317 B-4 0.00000000 0.~~41567358~~41858253 998.~~75263879~~33405255 0.~~99875264~~99833405 0.~~41567358~~41858253 B-5 0.00000000 0.~~41567303~~41858285 998.~~75263883~~33405598 0.~~99875264~~99833406 0.~~41567303~~41858285 B-6 0.00000000 0.~~41566987~~41858488 998.~~75263526~~33405778 0.~~99875264~~99833406 0.~~41566987~~41858488 (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 I-A-1 663,773,000.00 5.~~13784~~13624% ~~655~~647,~~539~~185,~~923~~547.0487 2,~~806~~770,~~713~~084.1724 0.00 0.00 I-A-2 11,878,000.00 5.~~13784~~13624% 11,~~730~~581,~~671~~172.7999 5049,~~225~~569.2175 0.00 0.00 I-A-R 50.00 5.~~13624~~13393% 0.00 0.00 0.00 0.00 I-A-LR 50.00 5.~~13624~~13393% 0.00 0.00 0.00 0.00 II-A-1 191,796,000.00 5.~~14348~~13988% ~~188~~185,~~371~~362,~~696~~461.4788 ~~807~~793,~~404~~950.3602 0.00 0.00 II-A-2 3,433,000.00 5.~~14348~~13988% 3,~~371~~317,~~707~~844.6265 14,~~451~~211.9109 0.00 0.00 B-1 11,258,000.00 5.~~13910~~13706% 11,~~248~~243,~~636~~957.8319 48,~~173~~134.2203 0.00 0.00 B-2 7,655,000.00 5.~~13910~~13706% 7,~~648~~645,~~633~~451.4144 32,~~755~~729.9126 0.00 0.00 B-3 4,503,000.00 5.~~13910~~13706% 4,~~499~~497,~~254~~383.9013 19,~~268~~252.4376 0.00 0.00 B-4 2,702,000.00 5.~~13910~~13706% 2,~~699~~698,~~752~~629.7763 11,~~561~~552.9251 0.00 0.00 B-5 2,251,000.00 5.~~13910~~13706% 2,~~249~~248,~~127~~192.8619 9,~~632~~624.0824 0.00 0.00 B-6 1,351,625.51 5.~~13910~~13706% 1,~~350~~349,~~501~~939.3854 5,~~783~~778.6393 0.00 0.00 Totals 900,600,725.51 3,~~805~~754,~~969~~886.8483 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 I-A-1 94781.2430 0.00 2,~~806~~769,~~618~~302.9395 0.00 ~~647~~639,~~185~~944,~~547~~643.8785 I-A-2 113.6998 0.00 5049,~~223~~555.5277 0.00 11,~~581~~451,~~172~~599.9939 I-A-R 0.00 0.00 0.00 0.00 0.00 I-A-LR 0.00 0.00 0.00 0.00 0.00 II-A-1 27223.1193 0.00 ~~807~~793,~~377~~726.2509 0.00 ~~185~~182,~~362~~172,~~461~~410.8823 II-A-2 04.4901 0.00 14,~~451~~207.4308 0.00 3,~~317~~260,~~844~~745.6519 B-1 113.6258 0.00 48,~~171~~120.6046 0.00 11,~~243~~239,~~957~~244.1978 B-2 19.1023 0.00 32,~~754~~720.8103 0.00 7,~~645~~642,~~451~~247.4419 B-3 05.6543 0.00 19,~~267~~247.7933 0.00 4,~~497~~495,~~383~~498.1325 B-4 03.3926 0.00 11,~~561~~549.5325 0.00 2,~~698~~697,~~629~~498.6361 B-5 02.3271 0.00 9,~~631~~621.7553 0.00 2,~~248~~247,~~192~~249.1996 B-6 01.1963 0.00 5,~~783~~777.4430 0.00 1,349,~~939~~373.5478 Totals ~~127~~1,059.8006 0.00 3,~~805~~753,~~842~~827.0579 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 I-A-1 663,773,000.00 5.~~13784~~13624% ~~987~~975.~~59654737~~01035425 4.~~22842323~~17324031 0.00000000 0.00000000 I-A-2 11,878,000.00 5.~~13784~~13624% ~~987~~975.~~59654740~~01035444 4.~~22842314~~17324044 0.00000000 0.00000000 I-A-R 50.00 5.~~13624~~13393% 0.00000000 0.00000000 0.00000000 0.00000000 I-A-LR 50.00 5.~~13624~~13393% 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 191,796,000.00 5.~~14348~~13988% ~~982~~966.~~14611603~~45634883 4.~~20970385~~13955463 0.00000000 0.00000000 II-A-2 3,433,000.00 5.~~14348~~13988% ~~982~~966.~~14611710~~45635013 4.~~20970288~~13955433 0.00000000 0.00000000 B-1 11,258,000.00 5.~~13910~~13706% ~~999~~998.~~16830965~~75263724 4.~~27902114~~27554006 0.00000000 0.00000000 B-2 7,655,000.00 5.~~13910~~13706% ~~999~~998.~~16830960~~75263749 4.~~27902155~~27554017 0.00000000 0.00000000 B-3 4,503,000.00 5.~~13910~~13706% ~~999~~998.~~16831002~~75263824 4.~~27902065~~27554075 0.00000000 0.00000000 B-4 2,702,000.00 5.~~13910~~13706% ~~999~~998.~~16830866~~75263879 4.~~27902295~~27554034 0.00000000 0.00000000 B-5 2,251,000.00 5.~~13910~~13706% ~~999~~998.~~16830742~~75263883 4.~~27902266~~27553976 0.00000000 0.00000000 B-6 1,351,625.51 5.~~13910~~13706% ~~999~~998.~~16831253~~75263526 4.~~27901808~~27554079 0.00000000 0.00000000 (5) All classes are per $1000 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 I-A-1 0.~~00014198~~00117706 0.00000000 4.~~22828125~~17206327 0.00000000 ~~975~~964.~~01035425~~10164898 I-A-2 0.~~00014228~~00117697 0.00000000 4.~~22828086~~17206348 0.00000000 ~~975~~964.~~01035444~~10164927 I-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 0.~~00014135~~00116754 0.00000000 4.~~20956250~~13838709 0.00000000 ~~966~~949.~~45634883~~82382443 II-A-2 0.~~00014273~~00116807 0.00000000 4.~~20956306~~13838625 0.00000000 ~~966~~949.~~45635013~~82382464 B-1 0.~~00014390~~00120625 0.00000000 4.~~27887724~~27433470 0.00000000 998.~~75263724~~33405401 B-2 0.~~00014370~~00120575 0.00000000 4.~~27887786~~27433442 0.00000000 998.~~75263749~~33405487 B-3 0.~~00014435~~00120586 0.00000000 4.~~27887853~~27433489 0.00000000 998.~~75263824~~33405507 B-4 0.~~00014434~~00120651 0.00000000 4.~~27887861~~27433383 0.00000000 998.~~75263879~~33405255 B-5 0.~~00014216~~00120391 0.00000000 4.~~27887606~~27433585 0.00000000 998.~~75263883~~33405598 B-6 0.~~00014057~~00120596 0.00000000 4.~~27887751~~27433483 0.00000000 998.~~75263526~~33405778 (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 ~~100,488~~0.1300 Deposits Payments of Interest and Principal 1514,~~323~~456,~~746~~853.5577 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0411,439.0087 Other Amounts (Servicer Advances) ~~148,120~~0.8200 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 1514,~~471~~868,~~867~~293.3764 Withdrawals Reimbursement for Servicer Advances 0148,120.0082 Payment of Service Fee ~~187~~181,~~187~~831.9227 Payment of Interest and Principal 1514,~~385~~383,~~167~~897.6007 Total Withdrawals (Pool Distribution Amount) 1514,~~572~~713,~~355~~849.5216 Ending Balance 0154,444.0048

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 59,~~453~~180.6141 Servicing Fee Support 58,~~325~~121.8135 Non-Supported Prepayment/Curtailment Interest Shortfall ~~127~~1,059.8006

SERVICING FEES Gross Servicing Fee ~~185~~182,~~109~~646.3575 Master Servicing Fee 7,~~404~~305.3787 Supported Prepayment/Curtailment Interest Shortfall 58,~~325~~121.8135 Net Servicing Fee ~~187~~181,~~187~~831.9227

LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT 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 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 01 0 0 0 01 0613,637.0076 0.00 0.00 0.00 0613,637.0076 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 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 01 0 0 0 01 0613,637.0076 0.00 0.00 0.00 0613,637.0076 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% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~000000~~059067% 0.000000% 0.000000% 0.000000% 0.~~000000~~059067% 0.~~000000~~070492% 0.000000% 0.000000% 0.000000% 0.~~000000~~070492% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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.~~000000~~059067% 0.000000% 0.000000% 0.000000% 0.~~000000~~059067% 0.~~000000~~070492% 0.000000% 0.000000% 0.000000% 0.~~000000~~070492%

Delinquency Status By Groups

DELINQUENT BANKRUPTCY FORECLOSURE REO Total 1 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 0 0 0 0.00 0.00 0.00 0.00 30 Days 01 0 0 0 01 0613,637.0076 0.00 0.00 0.00 0613,637.0076 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 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 01 0 0 0 01 0613,637.0076 0.00 0.00 0.00 0613,637.0076 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~000000~~073099% 0.000000% 0.000000% 0.000000% 0.~~000000~~073099% 0.~~000000~~090910% 0.000000% 0.000000% 0.000000% 0.~~000000~~090910% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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.~~000000~~073099% 0.000000% 0.000000% 0.000000% 0.~~000000~~073099% 0.~~000000~~090910% 0.000000% 0.000000% 0.000000% 0.~~000000~~090910% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 2 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 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~350~~106,~~304~~992.9843

SUBORDINATION LEVEL/CREDIT ENHANCEMENT/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 236,827,725.51 26.29663943% ~~229~~226,~~945~~555,~~032~~867.6438 26.~~21559865~~14607429% 96.~~615834~~575754% 100.000000% Class I-A-2 224,949,725.51 24.97774198% ~~218~~215,~~363~~104,~~859~~267.6599 24.~~89525100~~82448253% 1.~~320348~~321592% 0.000000% Class I-AR 224,949,675.51 24.97773643% ~~218~~215,~~363~~104,~~859~~267.6599 24.~~89525100~~82448253% 0.000000% 0.000000% Class I-ALR 224,949,625.51 24.97773088% ~~218~~215,~~363~~104,~~859~~267.6599 24.~~89525100~~82448253% 0.000000% 0.000000% Class II-A-1 33,153,625.51 3.68127901% 3332,~~001~~931,~~397~~857.7776 3.~~76242700~~80055838% 21.~~132824~~023924% 0.000000% Class II-A-2 29,720,625.51 3.30008900% 29,~~683~~671,~~553~~112.1257 3.~~38416580~~42424640% 0.~~378261~~376312% 0.000000% Class B-1 18,462,625.51 2.05003449% 18,~~439~~431,~~595~~867.9379 2.~~10226349~~12716179% 1.~~281902~~297085% 0.000000% Class B-2 10,807,625.51 1.20004628% 10,~~794~~789,~~144~~620.4960 1.~~23062002~~24519495% 0.~~871643~~881967% 0.000000% Class B-3 6,304,625.51 0.70004668% 6,~~296~~294,~~761~~122.3635 0.~~71788186~~72638415% 0.~~512738~~518811% 0.000000% Class B-4 3,602,625.51 0.40002472% 3,~~598~~596,~~131~~623.7374 0.~~41021620~~41507462% 0.~~307666~~311310% 0.000000% Class B-5 1,351,625.51 0.15008044% 1,349,~~939~~373.5478 0.~~15390406~~15572683% 0.~~256312~~259348% 0.000000% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.~~153904~~155727% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure

COLLATERAL STATEMENT Collateral Description 10/1 CMT ARM Weighted Average Gross Coupon 5.~~399992~~398098% Weighted Average Net Coupon 5.~~139992~~138098% Weighted Average Pass-Through Rate 5.~~139992~~138098% Weighted Average Maturity(Stepdown Calculation) ~~356~~355 Beginning Scheduled Collateral Loan Count 1,~~726~~709 Number Of Loans Paid In Full 1716 Ending Scheduled Collateral Loan Count 1,~~709~~693 Beginning Scheduled Collateral Balance ~~888~~877,~~709~~130,~~906~~580.0550 Ending Scheduled Collateral Balance ~~877~~866,~~130~~500,~~580~~511.5021 Ending Actual Collateral Balance at 3029-~~Jun~~Jul-2005 ~~883~~870,~~793~~502,~~521~~343.6022 Monthly P&I Constant 4,~~374~~316,~~045~~157.1627 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 1514,245,~~766~~443.1785 Ending Scheduled Balance for Premium Loans ~~877~~866,~~130~~500,~~580~~511.5021 Scheduled Principal ~~369~~367,~~775~~695.8534 Unscheduled Principal 1110,~~209~~262,~~549~~373.7095 Unpaid Principal Balance Of Outstanding Mortgage Loans With Original LTV: Less Than Or Equal To 80% ~~873~~862,~~088~~437,~~408~~651.9994 Greater Than 80%, less than or equal to 85% ~~505~~504,~~401~~529.3291 Greater than 85%, less than or equal to 95% 3,~~554~~552,~~755~~943.0320 Greater than 95% 0.00

Group Level Collateral Statement Group 1 2 Total Collateral Description 10/1 CMT ARM 10/1 CMT ARM 10/1 CMT ARM Weighted Average Coupon Rate 5.~~399039~~397587 5.~~403308~~399880 5.~~399992~~398098 Weighted Average Net Rate 5.~~139039~~137587 5.~~143308~~139880 5.~~139992~~138098 Weighted Average Maturity ~~356~~355 ~~356~~355 ~~356~~355 Beginning Loan Count 1,~~392~~379 ~~334~~330 1,~~726~~709 Loans Paid In Full 1311 45 1716 Ending Loan Count 1,~~379~~368 ~~330~~325 1,~~709~~693 Beginning Scheduled Balance ~~690~~681,~~308~~794,~~155~~358.4934 ~~198~~195,~~401~~336,~~750~~222.5616 ~~888~~877,~~709~~130,~~906~~580.0550 Ending Scheduled Balance ~~681~~674,~~794~~413,~~358~~903.3446 ~~195~~192,~~336~~086,~~222~~607.1675 ~~877~~866,~~130~~500,~~580~~511.5021 Record Date 0607/3029/2005 0607/3029/2005 0607/3029/2005 Principal And Interest Constant 3,~~408~~364,~~317~~379.2033 ~~965~~951,~~727~~777.9694 4,~~374~~316,~~045~~157.1627 Scheduled Principal ~~297~~295,~~342~~403.9003 72,~~432~~292.9531 ~~369~~367,~~775~~695.8534 Unscheduled Principal 87,~~216~~085,~~454~~051.2585 23,~~993~~177,~~095~~322.4510 1110,~~209~~262,~~549~~373.7095 Scheduled Interest 3,~~105~~064,~~810~~805.8595 ~~892~~878,~~544~~974.9145 3,~~998~~943,~~355~~780.7640 Servicing Fees ~~143~~141,~~813~~952.1359 4140,~~296~~694.2317 ~~185~~182,~~109~~646.3575 Master Servicing Fees 5,~~752~~678.5210 1,~~651~~627.8577 7,~~404~~305.3787 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 1 0.00 0.00 0.00 Spread 2 0.00 0.00 0.00 Spread 3 0.00 0.00 0.00 Net Interest 2,~~956~~917,~~245~~175.2026 ~~849~~836,~~596~~652.8352 3,~~805~~753,~~842~~827.0378 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

Filing Compare · Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-AR7