8-K 1 mlm05sl1_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 MERRILL LYNCH MORTGAGE INVESTORS TRUST Mortgage Loan Asset-Backed Certificates, Series 2005-SL1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-121605-05 54-2169473 Pooling and Servicing Agreement) (Commission 54-2169474 (State or other File Number) 54-6658772 jurisdiction 54-6658773 of Incorporation) IRS EIN c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, Maryland 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 MERRILL LYNCH MORTGAGE INVESTORS TRUST, Mortgage Loan Asset-Backed Certificates, Series 2005-SL1 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Loan Asset-Backed Certificates, Series 2005-SL1 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. MERRILL LYNCH MORTGAGE INVESTORS TRUST Mortgage Loan Asset-Backed Certificates, Series 2005-SL1 Trust (Registrant) By: Wells Fargo Bank, N.A. as Master Servicer By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 8/30/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Loan Asset-Backed Certificates, Series 2005-SL1 Trust, relating to the August 25, 2005 distribution. EX-99.1

Merrill Lynch Mortgage Loans, Inc. Mortgage Loan Asset-Backed Certificates Record Date: 57/3129/2005 Distribution Date: 68/2725/2005 Merrill Lynch Mortgage Loans, Inc. Mortgage Loan Asset-Backed Certificates Series 2005-SL1 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 R 59020UUH6 RES 3.~~29000~~66000% 0.00 0.00 A 59020UTP0 SEN 3.~~29000~~66000% ~~330~~282,~~946~~906,~~482~~531.0418 ~~998~~891,~~079~~590.4353 M-1 59020UTQ8 MEZ 3.~~62000~~99000% 53,843,000.00 ~~178~~184,~~669~~988.0262 M-2 59020UTR6 MEZ 34.~~69000~~06000% 15,668,000.00 5254,~~997~~775.0104 M-3 59020UTS4 MEZ 34.~~89000~~26000% 29,058,000.00 ~~103~~106,~~615~~590.9868 B-1 59020UTT2 SUB 34.~~94000~~31000% 14,244,000.00 5152,~~444~~863.5818 B-2 59020UTU9 SUB 4.~~39000~~76000% 11,680,000.00 47,~~002~~873.2751 B-3 59020UTV7 SUB 4.~~49000~~86000% 15,668,000.00 6465,~~486~~568.8856 B-4 59020UTW5 SUB 5.~~19000~~56000% 12,819,000.00 6061,~~986~~372.3987 B-5 59020UTX3 SUB 6.~~59000~~96000% 25,639,000.00 ~~154~~153,~~880~~659.9376 C 9960RC902 SEN 0.00000% 1317,~~639~~758,~~566~~227.8253 0.00 P 9960RC910 SEN 0.00000% 0.00 ~~294~~374,~~969~~567.4653 Totals ~~523~~479,~~205~~283,~~048~~758.8671 21,~~007~~993,~~131~~850.9528

Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses R 0.00 0.00 0.00 0.00 0.00 A 2126,~~482~~893,~~263~~859.3083 0.00 ~~309~~256,~~464~~012,~~218~~671.7436 2227,~~480~~785,~~342~~450.7336 0.00 M-1 0.00 0.00 53,843,000.00 ~~178~~184,~~669~~988.0262 0.00 M-2 0.00 0.00 15,668,000.00 5254,~~997~~775.0104 0.00 M-3 0.00 0.00 29,058,000.00 ~~103~~106,~~615~~590.9868 0.00 B-1 0.00 0.00 14,244,000.00 5152,~~444~~863.5818 0.00 B-2 0.00 0.00 11,680,000.00 47,~~002~~873.2751 0.00 B-3 0.00 0.00 15,668,000.00 6465,~~486~~568.8856 0.00 B-4 0.00 0.00 12,819,000.00 6061,~~986~~372.3987 0.00 B-5 0.00 0.00 25,639,000.00 ~~154~~153,~~880~~659.9376 0.00 C 0.00 0.00 1519,~~681~~533,~~211~~953.7267 0.00 0.00 P 0.00 0.00 0.00 ~~294~~374,~~969~~567.4653 0.00 Totals 2126,~~482~~893,~~263~~859.3083 0.00 ~~503~~454,~~764~~165,~~430~~625.4603 2328,~~489~~887,~~395~~710.2511 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee. This report has been compiled from information provided to Wells Fargo Bank, N.A. by various third parties, which may include the Servicer, Master Servicer, Special Servicer and others. Wells Fargo Bank, N.A. has not independently confirmed the accuracy of information received from these third parties and assumes no duty to do so. Wells Fargo Bank, N.A. expressly disclaims any responsibility for the accuracy or completeness of information furnished by third parties.

Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) R 100.00 0.00 0.00 0.00 0.00 0.00 100.00 0.00 0.00 0.00 0.00 0.00 A 387,158,000.00 ~~330~~282,~~946~~906,~~482~~531.0418 0.00 2126,~~482~~893,~~263~~859.3083 0.00 0.00 M-1 53,843,000.00 53,843,000.00 0.00 0.00 0.00 0.00 M-2 15,668,000.00 15,668,000.00 0.00 0.00 0.00 0.00 M-3 29,058,000.00 29,058,000.00 0.00 0.00 0.00 0.00 B-1 14,244,000.00 14,244,000.00 0.00 0.00 0.00 0.00 B-2 11,680,000.00 11,680,000.00 0.00 0.00 0.00 0.00 B-3 15,668,000.00 15,668,000.00 0.00 0.00 0.00 0.00 B-4 12,819,000.00 12,819,000.00 0.00 0.00 0.00 0.00 B-5 25,639,000.00 25,639,000.00 0.00 0.00 0.00 0.00 C 3,988,388.29 1317,~~639~~758,~~566~~227.8253 0.00 0.00 0.00 0.00 3,988,388.29 1317,~~639~~758,~~566~~227.8253 0.00 0.00 0.00 0.00 P 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Totals 573,753,976.58 ~~536~~497,~~844~~041,~~615~~986.6824 0.00 2126,~~482~~893,~~263~~859.3083 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 R 0.00 0.00 0.00000000 0.00 R 0.00 0.00 0.00000000 0.00 A 2126,~~482~~893,~~263~~859.3083 ~~309~~256,~~464~~012,~~218~~671.7436 0.~~79932281~~66126148 2126,~~482~~893,~~263~~859.3083 M-1 0.00 53,843,000.00 1.00000000 0.00 M-2 0.00 15,668,000.00 1.00000000 0.00 M-3 0.00 29,058,000.00 1.00000000 0.00 B-1 0.00 14,244,000.00 1.00000000 0.00 B-2 0.00 11,680,000.00 1.00000000 0.00 B-3 0.00 15,668,000.00 1.00000000 0.00 B-4 0.00 12,819,000.00 1.00000000 0.00 B-5 0.00 25,639,000.00 1.00000000 0.00 C 0.00 1519,~~681~~533,~~211~~953.7267 34.~~93171642~~89770610 0.00 C 0.00 1519,~~681~~533,~~211~~953.7267 34.~~93171642~~89770610 0.00 P 0.00 0.00 0.00000000 0.00 P 0.00 0.00 0.00000000 0.00 Totals 2126,~~482~~893,~~263~~859.3083 ~~519~~473,~~445~~699,~~642~~578.1870 0.~~90534561~~82561446 2126,~~482~~893,~~263~~859.3083

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 A 387,158,000.00 ~~854~~730.~~80987617~~72629567 0.00000000 5569.~~48707065~~46481754 0.00000000 M-1 53,843,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 15,668,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 29,058,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-1 14,244,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-2 11,680,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-3 15,668,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-4 12,819,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-5 25,639,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 C 3,988,388.29 ~~3419~~4452.~~81919218~~48211528 0.00000000 0.00000000 0.00000000 P 0.00 0.00000000 0.00000000 0.00000000 0.00000000 All Classes are per $1,000 denomination

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A 0.00000000 5569.~~48707065~~46481754 ~~799~~661.~~32280552~~26147816 0.~~79932281~~66126148 5569.~~48707065~~46481754 M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 C 0.00000000 0.00000000 34,~~931~~897.~~71641771~~70610323 34.~~93171642~~89770610 0.00000000 P 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 R 100.00 3.~~29000~~66000% 0.00 0.00 0.00 0.00 A 387,158,000.00 3.~~29000~~66000% ~~330~~282,~~946~~906,~~482~~531.0418 ~~998~~891,~~079~~627.4308 0.00 0.00 M-1 53,843,000.00 3.~~62000~~99000% 53,843,000.00 ~~178~~184,~~669~~995.0257 0.00 0.00 M-2 15,668,000.00 34.~~69000~~06000% 15,668,000.00 5254,~~997~~777.0107 0.00 0.00 M-3 29,058,000.00 34.~~89000~~26000% 29,058,000.00 ~~103~~106,~~615~~594.9843 0.00 0.00 B-1 14,244,000.00 34.~~94000~~31000% 14,244,000.00 5152,~~444~~865.5802 0.00 0.00 B-2 11,680,000.00 4.~~39000~~76000% 11,680,000.00 47,~~002~~875.2702 0.00 0.00 B-3 15,668,000.00 4.~~49000~~86000% 15,668,000.00 6465,~~486~~570.8858 0.00 0.00 B-4 12,819,000.00 5.~~19000~~56000% 12,819,000.00 6061,~~986~~374.3952 0.00 0.00 B-5 25,639,000.00 6.~~59000~~96000% 25,639,000.00 ~~154~~153,~~880~~663.9307 0.00 0.00 C 3,988,388.29 0.00000% 1317,~~639~~758,~~566~~227.8253 0.00 0.00 0.00 P 0.00 0.00000% 0.01 0.00 0.00 0.00 Totals 569,765,488.29 1,~~712~~619,~~162~~342.4936 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 R 0.00 0.00 0.00 0.00 0.00 A 036.0056 0.00 ~~998~~891,~~079~~590.4353 0.00 ~~309~~256,~~464~~012,~~218~~671.7436 M-1 06.0096 0.00 ~~178~~184,~~669~~988.0262 0.00 53,843,000.00 M-2 02.0002 0.00 5254,~~997~~775.0104 0.00 15,668,000.00 M-3 03.0075 0.00 ~~103~~106,~~615~~590.9868 0.00 29,058,000.00 B-1 01.0084 0.00 5152,~~444~~863.5818 0.00 14,244,000.00 B-2 01.0051 0.00 47,~~002~~873.2751 0.00 11,680,000.00 B-3 02.0002 0.00 6465,~~486~~568.8856 0.00 15,668,000.00 B-4 01.0066 0.00 6061,~~986~~372.3987 0.00 12,819,000.00 B-5 03.0031 0.00 ~~154~~153,~~880~~659.9376 0.00 25,639,000.00 C 0.00 0.00 0.00 0.00 1519,~~681~~533,~~211~~953.7267 P 0.00 0.00 ~~294~~374,~~969~~567.4653 0.00 0.01 Totals 059.0063 0.00 21,~~007~~993,~~131~~850.9528 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 R 100.00 3.~~29000~~66000% 0.00000000 0.00000000 0.00000000 0.00000000 A 387,158,000.00 3.~~29000~~66000% ~~854~~730.~~80987617~~72629567 2.~~57796411~~30300570 0.00000000 0.00000000 M-1 53,843,000.00 3.~~62000~~99000% 1000.00000000 3.~~31833330~~43583326 0.00000000 0.00000000 M-2 15,668,000.00 34.~~69000~~06000% 1000.00000000 3.~~38250000~~49611118 0.00000000 0.00000000 M-3 29,058,000.00 34.~~89000~~26000% 1000.00000000 3.~~56583316~~66833333 0.00000000 0.00000000 B-1 14,244,000.00 34.~~94000~~31000% 1000.00000000 3.~~61166667~~71138865 0.00000000 0.00000000 B-2 11,680,000.00 4.~~39000~~76000% 1000.00000000 4.~~02416695~~09888870 0.00000000 0.00000000 B-3 15,668,000.00 4.~~49000~~86000% 1000.00000000 4.~~11583355~~18500000 0.00000000 0.00000000 B-4 12,819,000.00 5.~~19000~~56000% 1000.00000000 4.~~75749980~~78777752 0.00000000 0.00000000 B-5 25,639,000.00 6.~~59000~~96000% 1000.00000000 65.~~04083350~~99333320 0.00000000 0.00000000 C 3,988,388.29 0.00000% ~~3419~~4452.~~81919218~~48211528 0.00000000 0.00000000 0.00000000 P 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 All Classes are per $1,000 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 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A 0.~~00000000~~00009443 0.00000000 2.~~57796411~~30291129 0.00000000 ~~799~~661.~~32280552~~26147816 M-1 0.~~00000000~~00012926 0.00000000 3.~~31833330~~43570418 0.00000000 1000.00000000 M-2 0.~~00000000~~00012893 0.00000000 3.~~38250000~~49598162 0.00000000 1000.00000000 M-3 0.~~00000000~~00012905 0.00000000 3.~~56583316~~66820428 0.00000000 1000.00000000 B-1 0.~~00000000~~00012918 0.00000000 3.~~61166667~~71125948 0.00000000 1000.00000000 B-2 0.~~00000000~~00012928 0.00000000 4.~~02416695~~09875942 0.00000000 1000.00000000 B-3 0.~~00000000~~00012893 0.00000000 4.~~11583355~~18487107 0.00000000 1000.00000000 B-4 0.~~00000000~~00012950 0.00000000 4.~~75749980~~78764880 0.00000000 1000.00000000 B-5 0.~~00000000~~00012910 0.00000000 65.~~04083350~~99320410 0.00000000 1000.00000000 C 0.00000000 0.00000000 0.00000000 0.00000000 ~~3931~~4897.~~71641771~~70610323 P 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 2329,~~965~~541,~~807~~153.3799 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) ~~408~~484,~~614~~362.4415 Realized Loss (Gains, Subsequent Expenses & Recoveries) (~~522~~515,~~666~~839.5699) Prepayment Penalties 0.00 Total Deposits 2329,~~851~~509,~~755~~676.2515 Withdrawals Reimbursement for Servicer Advances ~~144~~416,~~357~~273.9043 Payment of Service Fee ~~218~~205,~~002~~692.1062 Payment of Interest and Principal 2328,~~489~~887,~~395~~710.2510 Total Withdrawals (Pool Distribution Amount) 2329,~~851~~509,~~755~~676.2515 Ending Balance 0.00

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 0.00 Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 059.0063

SERVICING FEES Gross Servicing Fee ~~218~~199,~~002~~701.1057 Securities Administrator Fee 5,991.05 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~218~~205,~~002~~692.1062

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 6679 0 0 6679 2,~~416~~747,~~117~~223.7970 0.00 0.00 2,~~416~~747,~~117~~223.7970 30 Days ~~732~~836 1216 0 0 ~~744~~852 2528,~~317~~323,~~127~~683.1548 ~~330~~518,~~113~~804.2752 0.00 0.00 2528,~~647~~842,~~240~~488.4200 60 Days ~~223~~235 1115 0 0 ~~234~~250 8,~~442~~715,~~547~~082.7682 ~~360~~358,~~815~~948.3350 0.00 0.00 89,~~803~~074,~~363~~031.0932 90 Days 96107 417 0 0 ~~100~~124 3,~~212~~806,~~486~~811.7405 89481,~~203~~910.6368 0.00 0.00 34,~~301~~288,~~690~~721.3773 120 Days 5579 918 21 0 6698 12,~~923~~977,~~212~~917.1152 ~~312~~550,~~146~~337.5833 93107,~~586~~196.6858 0.00 23,~~328~~635,~~945~~451.3743 150 Days 3649 108 4 0 5061 1,~~204~~698,~~322~~192.5649 ~~378~~193,~~110~~840.0926 ~~229~~266,~~667~~227.8306 0.00 12,~~812~~158,~~100~~259.4881 180+ Days 2561 27 5 3 2 3595 12,~~122~~401,~~210~~201.4816 ~~194~~1,~~131~~052,193.3222 ~~297~~414,~~534~~189.6104 84122,~~097~~434.8497 13,~~697~~990,~~974~~018.2539 Totals 1,~~167~~367 ~~117~~180 910 2 1,~~295~~559 4147,~~221~~922,~~906~~888.8052 45,~~080~~903,~~638~~258.0121 ~~620~~787,~~789~~612.1268 84122,~~097~~434.8497 4654,~~007~~736,~~431~~194.7738 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.~~491657~~643218% 0.000000% 0.000000% 0.~~491657~~643218% 0.~~479256~~604405% 0.000000% 0.000000% 0.~~479256~~604405% 30 Days 56.~~452920~~806709% 0.~~089392~~130272% 0.000000% 0.000000% 56.~~542312~~936981% 56.~~021848~~231376% 0.~~065481~~114140% 0.000000% 0.000000% 56.~~087329~~345516% 60 Days 1.~~661204~~913369% 0.~~081943~~122130% 0.000000% 0.000000% 12.~~743147~~035499% 1.~~674645~~917369% 0.~~071571~~078971% 0.000000% 0.000000% 1.~~746215~~996340% 90 Days 0.~~715137~~871194% 0.~~029797~~138414% 0.000000% 0.000000% 01.~~744934~~009608% 0.~~637222~~837521% 0.~~017694~~106023% 0.000000% 0.000000% 0.~~654916~~943544% 120 Days 0.~~409714~~643218% 0.~~067044~~146556% 0.~~014899~~008142% 0.000000% 0.~~491657~~797916% 0.~~381484~~655159% 0.~~061917~~121077% 0.~~018564~~023584% 0.000000% 0.~~461964~~799821% 150 Days 0.~~268176~~398958% 0.~~074493~~065136% 0.~~029797~~032568% 0.000000% 0.~~372467~~496662% 0.~~238887~~373612% 0.~~075001~~042646% 0.~~045556~~058572% 0.000000% 0.~~359444~~474830% 180+ Days 0.~~186234~~496662% 0.~~037247~~219834% 0.~~022348~~040710% 0.~~014899~~016284% 0.~~260727~~773490% 0.~~222599~~528278% 0.~~038507~~231489% 0.~~059018~~091124% 0.~~016681~~026936% 0.~~336806~~877827% Totals 811.~~693385~~130109% 01.~~871573~~465559% 0.~~067044~~081420% 0.~~014899~~016284% 912.~~646901~~693372% 810.~~176684~~543316% 01.~~809426~~298751% 0.~~123138~~173279% 0.~~016681~~026936% 912.~~125930~~042284%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~408~~484,~~614~~362.4415

REO Detail - All Mortgage Loans in REO during Current Period

~~COLLATERAL~~Summary ~~STATEMENT~~12 ~~Collateral~~Month ~~Description~~REO ~~Mixed~~History* ~~Fixed~~New ~~Weighted~~REO ~~Average~~Loans ~~Gross~~Month ~~Coupon~~REO ~~10.326469%~~Percentage ~~Weighted~~Loans ~~Average~~in ~~Net~~REO ~~Coupon~~1 ~~9.826469% Weighted Average Pass~~Sep-~~Through~~04 ~~Rate 9~~0.~~811469~~000% ~~Weighted~~Original ~~Average~~Principal ~~Maturity(Stepdown~~Balance ~~Calculation) 235 Beginning Scheduled Collateral Loan Count 13~~82,~~870~~400.00 ~~Number~~Oct-04 Of0.000% ~~Loans~~Current ~~Paid~~Principal InBalance ~~Full 446 Ending Scheduled Collateral Loan Count 13~~82,~~424~~324.51 ~~Beginning~~Nov-04 ~~Scheduled~~0.000% ~~Collateral~~Dec-04 ~~Balance 523,205,048~~0.86000% ~~Ending~~Current ~~Scheduled~~REO ~~Collateral~~Total ~~Balance~~Jan-05 ~~503,764,430~~0.46000% ~~Ending~~Loans ~~Actual~~in ~~Collateral~~REO ~~Balance~~2 ~~at 31~~Feb-~~May-2005~~05 ~~504,139,634~~0.77000% ~~Monthly~~Original ~~P&I~~Principal ~~Constant~~Balance 4122,~~895,520~~698.~~83 Special Servicing Fee 0.~~00 ~~Prepayment~~Mar-05 ~~Penalties~~ 0.00000% ~~Realized~~Current ~~Loss~~Principal ~~Amount~~Balance ~~522~~122,~~666~~434.5697 ~~Cumulative~~Apr-05 ~~Realized Loss 522,666~~0.56000% ~~Scheduled~~May-05 ~~Principal 393,137~~0.03000% ~~Unscheduled~~Jun-05 ~~Principal 19,047,481~~0.37017% ~~Required~~Jul-05 ~~Overcollateralization Amount~~ 0.00008% ~~Overcollateralized~~Aug-05 ~~Increase Amount~~ 0.00027% ~~Overcollateralized~~*The ~~reduction~~text ~~Amount~~reported ~~0.00~~in ~~Specified~~the ~~O/C~~above ~~Amount~~table ~~39,883,883.05~~is ~~Overcollateralized~~presented ~~Amount~~graphically ~~34,619,853.05~~on ~~Overcollateralized~~the ~~Deficiency~~monthly ~~Amount~~bond ~~5,264,030~~remittance report.00 ~~Base~~The ~~Overcollateralized~~monthly ~~Amount~~bond ~~0.00~~remittance ~~Extra~~report ~~principal~~can ~~distribution~~be ~~Amount~~viewed ~~2,564,311.46~~online ~~Excess~~at ~~Cash Amount 0~~www.00ctslink.com.

Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period

Prepayment - Voluntary Prepayments

Realized Loss Report - Collateral Summary

Filing Compare · Merrill Lynch Mortgage Investors Trust Series 2005-SL1