8-K 1 baf05001_8k-200512.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): December 27, 2005 BANC OF AMERICA FUNDING CORPORATION Mortgage Pass-Through Certificates, Series 2005-1 (Exact name of registrant as specified in its charter) New York (governing law of 333-121559-01 Pooling and Servicing Agreement) (Commission 54-2167986 (State or other File Number) IRS EIN 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 December 27, 2005 a distribution was made to holders of BANC OF AMERICA FUNDING CORPORATION, Mortgage Pass-Through Certificates, Series 2005-1 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 2005-1 Trust, relating to the December 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. BANC OF AMERICA FUNDING CORPORATION Mortgage Pass-Through Certificates, Series 2005-1 Trust (Registrant) By: Wells Fargo Bank, N.A. as Securities Administrator By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 12/30/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-1 Trust, relating to the December 27, 2005 distribution. EX-99.1 Banc of America Funding Corporation Mortgage Pass-Through Certificates Record Date: 11/30/2005 Distribution Date: 12/27/2005 Banc of America Funding Corporation Mortgage Pass-Through Certificates Series 2005-1 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

Banc of America Funding Corporation Mortgage Pass-Through Certificates Record Date: 7/29/2005 Distribution Date: 8/25/2005 Banc of America Funding Corporation Mortgage Pass-Through Certificates Series 2005-1 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~~Class CUSIP Certificate Beginning ~~Class~~Interest Pass-Through Certificate ~~Interest~~Distribution ~~Class CUSIP Description~~ Rate Balance ~~Distribution~~ 1-A-1 05946XPV9 ~~SEN~~ 5.50000% 20,021,000.00 91,~~762~~622.9210 1-A-2 05946XPW7 ~~SEN~~ 5.50000% 1,505,000.00 6,~~897~~887.9233 1-A-3 05946XPX5 ~~SEN~~ 5.50000% 5,076,000.00 23,~~265~~229.0030 1-A-4 05946XPY3 ~~SEN~~ 5.50000% 3,619,000.00 16,~~587~~561.0863 1-A-5 05946XPZ0 ~~SEN~~ 5.50000% 2,059,000.00 9,~~437~~422.0860 1-A-6 05946XQA4 ~~SEN~~ 5.50000% 3,741,000.00 17,~~146~~119.2594 1-A-7 05946XQB2 ~~SEN~~ 5.50000% ~~125~~107,~~934~~671,~~549~~685.8565 ~~577~~492,~~200~~737.0292 1-A-8 05946XQC0 ~~SEN~~ 5.50000% 5,370,000.00 24,~~612~~574.5073 1-A-9 05946XQD8 ~~SEN~~ 5.50000% 5,067,000.00 23,~~223~~188.7511 1-A-10 05946XQE6 ~~SEN~~ 5.50000% 1,000,000.00 4,~~583~~576.3330 1-A-R 05946XQH9 ~~SEN~~ 5.50000% 0.00 0.1000 30-IO 05946XQF3 IO 5.50000% 0.00 4237,~~071~~090.4539 30-PO 05946XQG1 PO 0.00000% ~~418~~414,~~227~~308.6853 0.00 B-1 05946XQJ5 ~~SUB~~ 5.50000% 3,~~283~~269,~~695~~776.2237 1514,~~050~~963.2748 B-2 05946XQK2 ~~SUB~~ 5.50000% 1,~~491~~485,~~775~~452.5828 6,~~837~~797.3088 B-3 05946XQL0 ~~SUB~~ 5.50000% ~~696~~693,~~691~~738.9987 3,~~193~~174.1776 B-4 05946XQM8 ~~SUB~~ 5.50000% ~~696~~693,~~691~~738.9987 3,~~193~~174.1776 B-5 05946XQN6 ~~SUB~~ 5.50000% ~~496~~494,~~927~~820.2488 2,~~277~~264.5845 B-6 05946XQP1 ~~SUB~~ 5.50000% ~~299~~297,~~181~~913.1706 1,~~371~~363.2534 Totals ~~180~~162,~~775~~479,~~740~~434.7251 ~~868~~778,~~710~~749.1402

Certificateholder Distribution Summary (continued) Class Principal Current Ending ~~Cumulative~~Total ~~Principal~~Cummulative Distribution Realized Certificate ~~Total~~Distribution Realized ~~Class Distribution~~ Loss Balance ~~Distribution~~ Losses 1-A-1 0.00 0.00 20,021,000.00 91,~~762~~622.9210 0.00 1-A-2 0.00 0.00 1,505,000.00 6,~~897~~887.9233 0.00 1-A-3 0.00 0.00 5,076,000.00 23,~~265~~229.0030 0.00 1-A-4 0.00 0.00 3,619,000.00 16,~~587~~561.0863 0.00 1-A-5 0.00 0.00 2,059,000.00 9,~~437~~422.0860 0.00 1-A-6 0.00 0.00 3,741,000.00 17,~~146~~119.2594 0.00 1-A-7 43,~~250~~468,~~306~~172.9006 0.00 ~~121~~104,~~684~~203,~~242~~513.9459 43,~~827~~960,~~506~~909.9298 0.00 1-A-8 0.00 0.00 5,370,000.00 24,~~612~~574.5073 0.00 1-A-9 0.00 0.00 5,067,000.00 23,~~223~~188.7511 0.00 1-A-10 0.00 0.00 1,000,000.00 4,~~583~~576.3330 0.00 1-A-R 0.00 0.00 0.00 0.1000 0.00 30-IO 0.00 0.00 0.00 4237,~~071~~090.4539 0.00 30-PO 12,~~712~~012.5472 0.00 ~~416~~412,~~515~~295.1481 12,~~712~~012.5472 0.00 B-1 3,~~434~~542.4153 0.00 3,~~280~~266,~~260~~233.8184 18,~~484~~506.6801 0.00 B-2 1,~~560~~609.2436 0.00 1,~~490~~483,~~215~~842.3492 8,~~397~~407.5424 0.00 B-3 ~~728~~751.6761 0.00 ~~695~~692,~~963~~987.3327 3,~~921~~926.8437 0.00 B-4 ~~728~~751.6761 0.00 ~~695~~692,~~963~~987.3327 3,~~921~~926.8437 0.00 B-5 ~~519~~536.7310 0.00 ~~496~~494,~~407~~284.5178 2,~~797~~800.3155 0.00 B-6 ~~312~~322.9173 0.00 ~~298~~297,~~868~~590.2633 1,~~684~~686.1607 0.00 Totals 43,~~259~~477,~~304~~698.0772 0.00 ~~176~~159,~~516~~001,~~436~~735.6681 54,~~128~~256,~~014~~447.2174 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 Class Original Beginning Scheduled ~~Unscheduled~~UnScheduled Accretion Realized Face Certificate Principal Principal ~~Realized~~Loss ~~Class~~ Amount Balance Distribution Distribution ~~Accretion Loss (~~1~~) 1~~-A-1 20,021,000.00 20,021,000.00 0.00 0.00 0.00 0.00 1-A-2 1,505,000.00 1,505,000.00 0.00 0.00 0.00 0.00 1-A-3 5,076,000.00 5,076,000.00 0.00 0.00 0.00 0.00 1-A-4 3,619,000.00 3,619,000.00 0.00 0.00 0.00 0.00 1-A-5 2,059,000.00 2,059,000.00 0.00 0.00 0.00 0.00 1-A-6 3,741,000.00 3,741,000.00 0.00 0.00 0.00 0.00 1-A-7 145,293,000.00 ~~125~~107,~~934~~671,~~549~~685.8565 ~~181~~168,~~350~~069.7786 43,~~068~~300,~~956~~102.1320 0.00 0.00 1-A-8 5,370,000.00 5,370,000.00 0.00 0.00 0.00 0.00 1-A-9 5,067,000.00 5,067,000.00 0.00 0.00 0.00 0.00 1-A-10 1,000,000.00 1,000,000.00 0.00 0.00 0.00 0.00 1-A-R 100.00 0.00 0.00 0.00 0.00 0.00 30-IO 0.00 0.00 0.00 0.00 0.00 0.00 30-PO 445,987.00 ~~418~~414,~~227~~308.6853 ~~461~~472.3831 1,~~251~~540.1641 0.00 0.00 B-1 3,304,000.00 3,~~283~~269,~~695~~776.2237 3,~~434~~542.4153 0.00 0.00 0.00 B-2 1,501,000.00 1,~~491~~485,~~775~~452.5828 1,~~560~~609.2436 0.00 0.00 0.00 B-3 701,000.00 ~~696~~693,~~691~~738.9987 ~~728~~751.6761 0.00 0.00 0.00 B-4 701,000.00 ~~696~~693,~~691~~738.9987 ~~728~~751.6761 0.00 0.00 0.00 B-5 500,000.00 ~~496~~494,~~927~~820.2488 ~~519~~536.7310 0.00 0.00 0.00 B-6 301,031.00 ~~299~~297,~~181~~913.1706 ~~312~~322.9173 0.00 0.00 0.00 Totals 200,205,118.00 ~~180~~162,~~775~~479,~~740~~434.7251 ~~189~~176,~~096~~056.7811 43,~~070~~301,~~207~~642.2961 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) Class Total Ending Ending Total Principal Certificate Certificate Principal ~~Class~~ Reduction Balance Percentage Distribution 1-A-1 0.00 20,021,000.00 1.~~00000000~~000000 0.00 1-A-2 0.00 1,505,000.00 1.~~00000000~~000000 0.00 1-A-3 0.00 5,076,000.00 1.~~00000000~~000000 0.00 1-A-4 0.00 3,619,000.00 1.~~00000000~~000000 0.00 1-A-5 0.00 2,059,000.00 1.~~00000000~~000000 0.00 1-A-6 0.00 3,741,000.00 1.~~00000000~~000000 0.00 1-A-7 43,~~250~~468,~~306~~172.9006 ~~121~~104,~~684~~203,~~242~~513.9459 0.~~83750933~~717196 43,~~250~~468,~~306~~172.9006 1-A-8 0.00 5,370,000.00 1.~~00000000~~000000 0.00 1-A-9 0.00 5,067,000.00 1.~~00000000~~000000 0.00 1-A-10 0.00 1,000,000.00 1.~~00000000~~000000 0.00 1-A-R 0.00 0.00 0.~~00000000~~000000 0.00 30-IO 0.00 0.00 0.~~00000000~~000000 0.00 30-PO 12,~~712~~012.5472 ~~416~~412,~~515~~295.1481 0.~~93391767~~924457 12,~~712~~012.5472 B-1 3,~~434~~542.4153 3,~~280~~266,~~260~~233.8184 0.~~99281502~~988570 3,~~434~~542.4153 B-2 1,~~560~~609.2436 1,~~490~~483,~~215~~842.3492 0.~~99281502~~988570 1,~~560~~609.2436 B-3 ~~728~~751.6761 ~~695~~692,~~963~~987.3327 0.~~99281502~~988570 ~~728~~751.6761 B-4 ~~728~~751.6761 ~~695~~692,~~963~~987.3327 0.~~99281502~~988570 ~~728~~751.6761 B-5 ~~519~~536.7310 ~~496~~494,~~407~~284.5178 0.~~99281502~~988570 ~~519~~536.7310 B-6 ~~312~~322.9173 ~~298~~297,~~868~~590.2633 0.~~99281556~~988570 ~~312~~322.9173 Totals 43,~~259~~477,~~304~~698.0772 ~~176~~159,~~516~~001,~~436~~735.6681 0.~~88167794~~794194 43,~~259~~477,~~304~~698.0772

Principal Distribution Factors Statement Class Original Beginning Scheduled ~~Unscheduled~~UnScheduled Accretion Face Certificate Principal Principal ~~Class (2)~~ Amount Balance Distribution Distribution ~~Accretion~~ 1-A-1 20,021,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 1-A-2 1,505,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 1-A-3 5,076,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 1-A-4 3,619,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 1-A-5 2,059,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 1-A-6 3,741,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 1-A-7 145,293,000.00 ~~866~~741.~~76267852~~065885 1.~~24817280~~156765 2822.~~00517664~~713429 0.~~00000000~~000000 1-A-8 5,370,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 1-A-9 5,067,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 1-A-10 1,000,000.00 1000.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 1-A-R 100.00 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 30-IO 0.00 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 30-PO 445,987.00 ~~937~~928.~~75755796~~969970 1.~~03451446~~059022 23.~~80537325~~453935 0.~~00000000~~000000 B-1 3,304,000.00 ~~993~~989.~~85448547~~641758 1.~~03947034~~072194 0.~~00000000~~000000 0.~~00000000~~000000 B-2 1,501,000.00 ~~993~~989.~~85448368~~641759 1.~~03946702~~072192 0.~~00000000~~000000 0.~~00000000~~000000 B-3 701,000.00 ~~993~~989.~~85447932~~641755 1.~~03947218~~072197 0.~~00000000~~000000 0.~~00000000~~000000 B-4 701,000.00 ~~993~~989.~~85447932~~641755 1.~~03947218~~072197 0.~~00000000~~000000 0.~~00000000~~000000 B-5 500,000.00 ~~993~~989.~~85448000~~641760 1.~~03946000~~072200 0.~~00000000~~000000 0.~~00000000~~000000 B-6 301,031.00 ~~993~~989.~~85501825~~642462 1.~~03946105~~072082 0.~~00000000~~000000 0.~~00000000 (2) All classes are per $1,000 denomination.~~000000

Principal Distribution Factors Statement (continued) Class Realized Total Ending Ending Total ~~Realized~~Loss Principal Certificate Certificate Principal ~~Class Loss (3)~~ Reduction Balance Percentage Distribution 1-A-1 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 1-A-2 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 1-A-3 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 1-A-4 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 1-A-5 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 1-A-6 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 1-A-7 0.~~00000000~~000000 2923.~~25334944~~870194 ~~837~~717.~~50932901~~195691 0.~~83750933~~717196 2923.~~25334944~~870194 1-A-8 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 1-A-9 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 1-A-10 0.~~00000000~~000000 0.~~00000000~~000000 1,000.~~00000000~~000000 1.~~00000000~~000000 0.~~00000000~~000000 1-A-R 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 30-IO 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 30-PO 0.~~00000000~~000000 34.~~83988771~~512957 ~~933~~924.~~91767025~~457013 0.~~93391767~~924457 34.~~83988771~~512957 B-1 0.~~00000000~~000000 1.~~03947034~~072194 ~~992~~988.~~81501513~~569564 0.~~99281502~~988570 1.~~03947034~~072194 B-2 0.~~00000000~~000000 1.~~03946702~~072192 ~~992~~988.~~81501666~~569567 0.~~99281502~~988570 1.~~03946702~~072192 B-3 0.~~00000000~~000000 1.~~03947218~~072197 ~~992~~988.~~81502140~~569572 0.~~99281502~~988570 1.~~03947218~~072197 B-4 0.~~00000000~~000000 1.~~03947218~~072197 ~~992~~988.~~81502140~~569572 0.~~99281502~~988570 1.~~03947218~~072197 B-5 0.~~00000000~~000000 1.~~03946000~~072200 ~~992~~988.~~81502000~~569560 0.~~99281502~~988570 1.~~03946000~~072200 B-6 0.~~00000000~~000000 1.~~03946105~~072082 ~~992~~988.~~81555720~~570380 0.~~99281556~~988570 1.~~03946105~~072082 ~~(3)~~All ~~Amount~~classes ~~Does~~are ~~Not~~per ~~Include Excess Special Hazard~~$1,000 ~~Bankruptcy, or Fraud Losses Unless Otherwise Disclosed~~denomination. ~~Please Refer to the Prospectus Supplement for a Full Description.~~

Interest Distribution Statement ~~Beginning~~Class ~~Payment~~Accrual ofAccrual ~~Original~~ Current ~~Certificate/~~Beginning Current ~~Unpaid~~Payment ~~Current~~of ~~Face~~Dates Days Certificate ~~Notional~~Certificate/ Accrued ~~Interest~~Unpaid Interest ~~Class Amount~~ Rate Notional Balance Interest Shortfall ~~Shortfall~~ 1-A-1 ~~20,021,000.00~~11/01/05 - 11/30/05 30 5.50000% 20,021,000.00 91,762.92 0.00 ~~0.00~~ 1-A-2 ~~1,505,000.00~~11/01/05 - 11/30/05 30 5.50000% 1,505,000.00 6,897.92 0.00 ~~0.00~~ 1-A-3 ~~5,076,000.00~~11/01/05 - 11/30/05 30 5.50000% 5,076,000.00 23,265.00 0.00 ~~0.00~~ 1-A-4 ~~3,619,000.00~~11/01/05 - 11/30/05 30 5.50000% 3,619,000.00 16,587.08 0.00 ~~0.00~~ 1-A-5 ~~2,059,000.00~~11/01/05 - 11/30/05 30 5.50000% 2,059,000.00 9,437.08 0.00 ~~0.00~~ 1-A-6 ~~3,741,000.00~~11/01/05 - 11/30/05 30 5.50000% 3,741,000.00 17,146.25 0.00 ~~0.00~~ 1-A-7 ~~145,293,000.00~~11/01/05 - 11/30/05 30 5.50000% ~~125~~107,~~934~~671,~~549~~685.8565 ~~577~~493,~~200~~495.0223 0.00 ~~0.00~~ 1-A-8 ~~5,370,000.00~~11/01/05 - 11/30/05 30 5.50000% 5,370,000.00 24,612.50 0.00 ~~0.00~~ 1-A-9 ~~5,067,000.00~~11/01/05 - 11/30/05 30 5.50000% 5,067,000.00 23,223.75 0.00 ~~0.00~~ 1-A-10 ~~1,000,000.00~~11/01/05 - 11/30/05 30 5.50000% 1,000,000.00 4,583.33 0.00 ~~0.00~~ 1-A-R ~~100.00~~N/A N/A 5.50000% 0.00 0.00 0.00 ~~0.00~~ 30-IO ~~0.00~~11/01/05 - 11/30/05 30 5.50000% 98,~~179~~104,~~226~~886.4088 4237,~~071~~147.4540 0.00 ~~0.00~~ 30-PO ~~445,987.00~~N/A N/A 0.00000% ~~418~~414,~~227~~308.6853 0.00 0.00 ~~0.00~~ B-1 ~~3,304,000.00~~11/01/05 - 11/30/05 30 5.50000% 3,~~283~~269,~~695~~776.2237 1514,~~050~~986.2748 0.00 ~~0.00~~ B-2 ~~1,501,000.00~~11/01/05 - 11/30/05 30 5.50000% 1,~~491~~485,~~775~~452.5828 6,~~837~~808.3032 0.00 ~~0.00~~ B-3 ~~701,000.00~~11/01/05 - 11/30/05 30 5.50000% ~~696~~693,~~691~~738.9987 3,~~193~~179.1764 0.00 ~~0.00~~ B-4 ~~701,000.00~~11/01/05 - 11/30/05 30 5.50000% ~~696~~693,~~691~~738.9987 3,~~193~~179.1764 0.00 ~~0.00~~ B-5 ~~500,000.00~~11/01/05 - 11/30/05 30 5.50000% ~~496~~494,~~927~~820.2488 2,~~277~~267.5893 0.00 ~~0.00~~ B-6 ~~301,031.00~~11/01/05 - 11/30/05 30 5.50000% ~~299~~297,~~181~~913.1706 1,~~371~~365.2543 0.00 ~~0.00~~ Totals ~~200~~779,~~205,118~~945.0090 ~~868,710.04~~ 0.00 ~~0.00~~

Interest Distribution Statement (continued) ~~Remaining~~Class ~~Ending~~Current Non-Supported Total ~~Unpaid~~Remaining ~~Certificate/~~Ending Interest ~~Realized~~Interest Interest Unpaid Interest Certificate/Notional ~~Class~~ Shortfall ~~Losses~~ (41) Shortfall Distribution Shortfall(2) Balance 1-A-1 0.00 0140.0082 91,~~762~~622.9210 0.00 20,021,000.00 1-A-2 0.00 010.0059 6,~~897~~887.9233 0.00 1,505,000.00 1-A-3 0.00 035.0070 23,~~265~~229.0030 0.00 5,076,000.00 1-A-4 0.00 025.0045 16,~~587~~561.0863 0.00 3,619,000.00 1-A-5 0.00 014.0048 9,~~437~~422.0860 0.00 2,059,000.00 1-A-6 0.00 026.0031 17,~~146~~119.2594 0.00 3,741,000.00 1-A-7 0.00 0757.0030 ~~577~~492,~~200~~737.0292 0.00 ~~121~~104,~~684~~203,~~242~~513.9459 1-A-8 0.00 037.0077 24,~~612~~574.5073 0.00 5,370,000.00 1-A-9 0.00 035.0064 23,~~223~~188.7511 0.00 5,067,000.00 1-A-10 0.00 07.0003 4,~~583~~576.3330 0.00 1,000,000.00 1-A-R 0.00 0.00 0.1000 0.00 0.00 30-IO 0.00 057.0001 4237,~~071~~090.4539 0.00 87,~~919~~686,~~565~~061.6959 30-PO 0.00 0.00 0.00 0.00 ~~416~~412,~~515~~295.1481 B-1 0.00 023.00 1514,~~050~~963.2748 0.00 3,~~280~~266,~~260~~233.8184 B-2 0.00 010.0045 6,~~837~~797.3088 0.00 1,~~490~~483,~~215~~842.3492 B-3 0.00 04.0088 3,~~193~~174.1776 0.00 ~~695~~692,~~963~~987.3327 B-4 0.00 04.0088 3,~~193~~174.1776 0.00 ~~695~~692,~~963~~987.3327 B-5 0.00 03.0048 2,~~277~~264.5845 0.00 ~~496~~494,~~407~~284.5178 B-6 0.00 02.0010 1,~~371~~363.2534 0.00 ~~298~~297,~~868~~590.2633 Totals 0.00 01,196.0089 ~~868~~778,~~710~~749.1402 0.00 (41,2) Amount ~~Does~~also ~~Not~~includes ~~Include~~coupon ~~Excess~~cap ~~Special Hazard, Bankruptcy,~~ or ~~Fraud~~basis ~~Losses~~risk ~~Unless~~shortfalls,if ~~Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.~~applicable

Interest Distribution Factors Statement ~~Beginning~~Class ~~Payment~~Accrual of Original Current ~~Certificate/~~Beginning Current ~~Unpaid~~Payment ~~Current~~of Dates Face Certificate Certificate/Notional Accrued ~~Interest~~Unpaid Interest ~~Class (5)~~ Amount Rate Balance Interest Shortfall ~~Shortfall~~ 1-A-1 11/01/05 - 11/30/05 20,021,000.00 5.50000% 1000.~~00000000~~000000 4.~~58333350~~583333 0.~~00000000~~000000 ~~0.00000000~~ 1-A-2 11/01/05 - 11/30/05 1,505,000.00 5.50000% 1000.~~00000000~~000000 4.~~58333555~~583336 0.~~00000000~~000000 ~~0.00000000~~ 1-A-3 11/01/05 - 11/30/05 5,076,000.00 5.50000% 1000.~~00000000~~000000 4.~~58333333~~583333 0.~~00000000~~000000 ~~0.00000000~~ 1-A-4 11/01/05 - 11/30/05 3,619,000.00 5.50000% 1000.~~00000000~~000000 4.~~58333241~~583332 0.~~00000000~~000000 ~~0.00000000~~ 1-A-5 11/01/05 - 11/30/05 2,059,000.00 5.50000% 1000.~~00000000~~000000 4.~~58333171~~583332 0.~~00000000~~000000 ~~0.00000000~~ 1-A-6 11/01/05 - 11/30/05 3,741,000.00 5.50000% 1000.~~00000000~~000000 4.~~58333333~~583333 0.~~00000000~~000000 ~~0.00000000~~ 1-A-7 11/01/05 - 11/30/05 145,293,000.00 5.50000% ~~866~~741.~~76267852~~065885 3.~~97266228~~396552 0.~~00000000~~000000 ~~0.00000000~~ 1-A-8 11/01/05 - 11/30/05 5,370,000.00 5.50000% 1000.~~00000000~~000000 4.~~58333333~~583333 0.~~00000000~~000000 ~~0.00000000~~ 1-A-9 11/01/05 - 11/30/05 5,067,000.00 5.50000% 1000.~~00000000~~000000 4.~~58333333~~583333 0.~~00000000~~000000 ~~0.00000000~~ 1-A-10 11/01/05 - 11/30/05 1,000,000.00 5.50000% 1000.~~00000000~~000000 4.~~58333000~~583330 0.~~00000000~~000000 ~~0.00000000~~ 1-A-R N/A 100.00 5.50000% 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 ~~0.00000000~~ 30-IO 11/01/05 - 11/30/05 0.00 5.50000% ~~894~~789.~~47827497~~788259 43.~~09969167~~619863 0.~~00000000~~000000 ~~0.00000000~~ 30-PO N/A 445,987.00 0.00000% ~~937~~928.~~75755796~~969970 0.~~00000000~~000000 0.~~00000000~~000000 ~~0.00000000~~ B-1 11/01/05 - 11/30/05 3,304,000.00 5.50000% ~~993~~989.~~85448547~~641758 4.~~55516646~~535860 0.~~00000000~~000000 ~~0.00000000~~ B-2 11/01/05 - 11/30/05 1,501,000.00 5.50000% ~~993~~989.~~85448368~~641759 4.~~55516322~~535856 0.~~00000000~~000000 ~~0.00000000~~ B-3 11/01/05 - 11/30/05 701,000.00 5.50000% ~~993~~989.~~85447932~~641755 4.~~55516405~~535863 0.~~00000000~~000000 ~~0.00000000~~ B-4 11/01/05 - 11/30/05 701,000.00 5.50000% ~~993~~989.~~85447932~~641755 4.~~55516405~~535863 0.~~00000000~~000000 ~~0.00000000~~ B-5 11/01/05 - 11/30/05 500,000.00 5.50000% ~~993~~989.~~85448000~~641760 4.~~55516000~~535860 0.~~00000000~~000000 ~~0.00000000~~ B-6 11/01/05 - 11/30/05 301,031.00 5.50000% ~~993~~989.~~85501825~~642462 4.~~55517870~~535845 0.~~00000000 0.00000000 (5) All classes are per $1,000 denomination.~~000000

Interest Distribution Factors Statement (continued) ~~Remaining~~Class ~~Ending~~Current Non-Supported Total Remaining Unpaid ~~Certificate/~~Ending Interest ~~Realized~~Interest Interest Interest ~~Notional~~Certificate/ ~~Class~~ Shortfall ~~Losses~~ (61) Shortfall Distribution Shortfall(2) Notional Balance 1-A-1 0.~~00000000~~000000 0.~~00000000~~007034 4.~~58333350~~576300 0.~~00000000~~000000 1000.~~00000000~~000000 1-A-2 0.~~00000000~~000000 0.~~00000000~~007037 4.~~58333555~~576299 0.~~00000000~~000000 1000.~~00000000~~000000 1-A-3 0.~~00000000~~000000 0.~~00000000~~007033 4.~~58333333~~576300 0.~~00000000~~000000 1000.~~00000000~~000000 1-A-4 0.~~00000000~~000000 0.~~00000000~~007032 4.~~58333241~~576300 0.~~00000000~~000000 1000.~~00000000~~000000 1-A-5 0.~~00000000~~000000 0.~~00000000~~007033 4.~~58333171~~576299 0.~~00000000~~000000 1000.~~00000000~~000000 1-A-6 0.~~00000000~~000000 0.~~00000000~~007033 4.~~58333333~~576300 0.~~00000000~~000000 1000.~~00000000~~000000 1-A-7 0.~~00000000~~000000 0.~~00000000~~005212 3.~~97266228~~391340 0.~~00000000~~000000 ~~837~~717.~~50932901~~195691 1-A-8 0.~~00000000~~000000 0.~~00000000~~007034 4.~~58333333~~576300 0.~~00000000~~000000 1000.~~00000000~~000000 1-A-9 0.~~00000000~~000000 0.~~00000000~~007034 4.~~58333333~~576300 0.~~00000000~~000000 1000.~~00000000~~000000 1-A-10 0.~~00000000~~000000 0.~~00000000~~007030 4.~~58333000~~576300 0.~~00000000~~000000 1000.~~00000000~~000000 1-A-R 0.~~00000000~~000000 0.~~00000000~~000000 10.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 30-IO 0.~~00000000~~000000 0.~~00000000~~005555 43.~~09969167~~614308 0.~~00000000~~000000 ~~869~~748.~~17539498~~975438 30-PO 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 0.~~00000000~~000000 ~~933~~924.~~91767025~~457013 B-1 0.~~00000000~~000000 0.~~00000000~~006961 4.~~55516646~~528898 0.~~00000000~~000000 ~~992~~988.~~81501513~~569564 B-2 0.~~00000000~~000000 0.~~00000000~~006962 4.~~55516322~~528901 0.~~00000000~~000000 ~~992~~988.~~81501666~~569567 B-3 0.~~00000000~~000000 0.~~00000000~~006961 4.~~55516405~~528902 0.~~00000000~~000000 ~~992~~988.~~81502140~~569572 B-4 0.~~00000000~~000000 0.~~00000000~~006961 4.~~55516405~~528902 0.~~00000000~~000000 ~~992~~988.~~81502140~~569572 B-5 0.~~00000000~~000000 0.~~00000000~~006960 4.~~55516000~~528900 0.~~00000000~~000000 ~~992~~988.~~81502000~~569560 B-6 0.~~00000000~~000000 0.~~00000000~~006976 4.~~55517870~~528902 0.~~00000000~~000000 ~~992~~988.~~81555720~~570380 (61,2) Amount ~~Does~~also ~~Not~~includes ~~Include~~coupon ~~Excess~~cap ~~Special Hazard, Bankruptcy,~~or ~~Fraud~~basis ~~Losses~~risk ~~Unless~~shortfalls,if ~~Otherwise Disclosed~~applicable. ~~Please~~All ~~Refer~~classes toare ~~the~~per ~~Prospectus~~$1,000 ~~Supplement for a Full Description~~denomination.

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 54,~~168~~292,~~420~~697.8915 ~~Liquidations,~~Reserve ~~Insurance~~Funds ~~Proceeds,~~and ~~Reserve~~Credit ~~Funds~~Enhancements 0.00 Proceeds from Repurchased Loans 0.00 ~~Other Amounts (~~Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Swap/Cap Payments 0.00 Total Deposits 54,~~168~~292,~~420~~697.8915 Withdrawals ~~Reimbursement~~Swap ~~for~~Payments ~~Servicer~~0.00 ~~Advances~~Reserve Funds and Credit Enhancements 0.00 ~~Payment~~Total ofAdministration ~~Service~~Fees ~~Fee 40~~36,~~406~~249.6841 Payment of Interest and Principal 54,~~128~~256,~~014~~447.2174 Total Withdrawals (Pool Distribution Amount) 54,~~168~~292,~~420~~697.8915 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 01,196.0089

~~SERVICING~~ADMINISTRATION FEES Gross Servicing Fee* 3733,~~661~~849.6188 Securities Administrator Fee 2,~~636~~369.3149 WMMSC Master Servicing Fee ~~108~~30.7604 Supported Prepayment/Curtailment Interest Shortfall 0.00 ~~Net~~Total ~~Servicing~~Administration ~~Fee~~Fees 4036,~~406~~249.6841 *Servicer Payees include: BANK OF AMERICA (NY); CHASE HOME FINANCE LLC; COUNTRYWIDE HOME LOANS INC.; NATIONAL CITY MTG CO; WASHINGTON MUTUAL MTG SEC CORP; WELLS FARGO BANK, N.A.

~~LOAN~~COLLATERAL ~~STATUS STRATIFICATION/CREDIT ENHANCEMENT~~ STATEMENT ~~DELINQUENT~~Collateral ~~BANKRUPTCY~~Description ~~FORECLOSURE~~Mixed ~~REO~~Fixed ~~Total~~Weighted NoAverage ofGross ~~Loans~~Coupon No6.028051% ofWeighted ~~Loans~~Average NoPass-Through ofRate ~~Loans~~5.760329% NoWeighted ofAverage ~~Loans~~Remaining NoTerm of347 ~~Loans~~Beginning ~~Principal~~Scheduled ~~Balance~~Collateral ~~Principal~~Loan ~~Balance~~Count ~~Principal~~304 ~~Balance~~Number ~~Principal~~Of ~~Balance~~Loans ~~Principal~~Paid ~~Balance~~In ~~0-29~~Full ~~Days~~6 0Ending 0Scheduled 0Collateral 0Loan ~~0.00~~Count ~~0.00~~298 ~~0.00~~Beginning ~~0.00~~Scheduled 30Collateral ~~Days~~Balance ~~5 0 0 0 5 2~~162,~~778~~479,~~460~~435.0802 ~~0.00~~Ending ~~0.00~~Scheduled ~~0.00~~Collateral 2Balance 159,~~778~~001,~~460~~736.0828 60Ending ~~Days~~Actual 1Collateral 0Balance 0at 030-Nov-2005 ~~1 784~~159,~~319~~149,835.5620 ~~0.00~~Monthly ~~0.00~~P&I ~~0.00~~Constant ~~784~~992,~~319~~251.5644 90Special ~~Days~~Servicing 0Fee 0 ~~0 0 0 0~~.00 ~~0.00~~Prepayment ~~0.00~~Penalty ~~0.00~~Waived Amount 0.00 ~~120~~Prepayment ~~Days~~Penalty 0Waived 0Count 0 0Prepayment 0Penalty ~~0.00~~Paid ~~0.00~~Amount 0.00 ~~0.00~~Prepayment ~~0.00~~Penalty ~~150~~Paid ~~Days~~Count 0 0Realized 0Loss 0Amount 0 0.00 ~~0.00~~Cumulative ~~0.00~~Realized ~~0.00~~Loss 0.00 ~~180+~~Class ~~Days~~A 0Optimal 0Amount 04,216,330.52 0Class 0AP ~~0.00~~Deferred ~~0.00~~Amount 0.00 ~~0.00~~Scheduled ~~0.00~~Principal ~~Totals 6 0 0 0 6 3~~176,~~562,779~~056.6413 ~~0.00~~Unscheduled ~~0.00~~Principal ~~0.00~~ 3,~~562~~301,~~779~~642.64 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 1.519757% 0.000000% 0.000000% 0.000000% 1.519757% 1.572642% 0.000000% 0.000000% 0.000000% 1.572642% 60 Days 0.303951% 0.000000% 0.000000% 0.000000% 0.303951% 0.443934% 0.000000% 0.000000% 0.000000% 0.443934% 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 1.823708% 0.000000% 0.000000% 0.000000% 1.823708% 2.016576% 0.000000% 0.000000% 0.000000% 2.016576%61

~~OTHER~~Additional ~~INFORMATION~~Reporting ~~Current~~- ~~Period~~Deal ~~Class~~Level AMiscellaneous ~~Insufficient~~Reporting ~~Funds~~Senior 0Percentage 95.00720584% ~~Principal~~Senior ~~Balance~~Prepayment ofPercentage ~~Contaminated~~100.000000% ~~Properties~~Subordinate 0Percentage 4.00279416% ~~Periodic~~Subordinate ~~Advance~~Prepayment Percentage 0.00000000% CPR Percentage 21.856715%

~~Summary~~LOAN 12STATUS ~~Month~~STRATIFICATION/CREDIT ~~REO~~ENHANCEMENT History*STATEMENT ~~New~~DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL No of Loans ~~Month~~No ~~REO~~of ~~Percentage~~Loans No of Loans inNo ~~REO~~of 0Loans ~~Sep~~No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-0429 Days 0 0 0 0 0.~~000%~~00 ~~Original~~0.00 ~~Principal~~0.00 ~~Balance~~0.00 30 Days 3 0 0 0 3 1,358,574.20 0.00 ~~Oct-04~~0.00 0.~~000%~~00 ~~Current~~1,358,574.20 ~~Principal~~60 ~~Balance~~Days 1 0 0 0 1 553,690.39 0.00 ~~Nov~~0.00 0.00 553,690.39 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 4 0 0 0 4 1,912,264.59 0.00 0.00 0.00 1,912,264.59 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 0-0429 Days 0.~~000~~000000% ~~Dec-04~~0.000000% 0.~~000~~000000% ~~Current~~0.000000% ~~REO~~0.000000% ~~Total~~0.000000% ~~Jan-05~~0.000000% 0.~~000~~000000% ~~Loans~~30 inDays ~~REO~~1.006711% 0.000000% ~~Feb-05~~0.000000% 0.~~000~~000000% ~~Original~~1.006711% ~~Principal~~0.853645% ~~Balance~~0.000000% 0.00000000% ~~Mar-05~~0.000000% 0.~~000~~853645% ~~Current~~60 ~~Principal~~Days ~~Balance~~0.335570% 0.00000000% ~~Apr-05~~0.000000% 0.~~000~~000000% ~~May-05~~0.335570% 0.~~000~~347905% ~~Jun-05~~0.000000% 0.~~000~~000000% ~~Jul-05~~0.000000% 0.~~000~~347905% ~~Aug-05~~90 Days 0.~~000~~000000% *The0.000000% ~~text~~0.000000% ~~reported~~0.000000% in0.000000% ~~the~~0.000000% ~~above~~0.000000% ~~table~~0.000000% is0.000000% ~~presented~~0.000000% ~~graphically~~120 onDays ~~the~~0.000000% ~~monthly~~0.000000% ~~bond~~0.000000% ~~remittance~~0.000000% ~~report~~0.000000% ~~The~~0.000000% ~~monthly~~0.000000% ~~bond~~0.000000% ~~remittance~~0.000000% ~~report~~0.000000% ~~can~~150 beDays ~~viewed~~0.000000% ~~online~~0.000000% at0.000000% ~~www~~0.~~ctslink~~000000% 0.~~com~~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 1.342282% 0.000000% 0.000000% 0.000000% 1.342282% 1.201550% 0.000000% 0.000000% 0.000000% 1.201550%

REO Detail - All Mortgage Loans in REO during Current Period

Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period

Summary 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 ~~Sep~~Jan-0405 0.000% Original Principal Balance 0.00 ~~Oct~~Feb-0405 0.000% Current Principal Balance 0.00 ~~Nov~~Mar-0405 0.000% ~~Dec~~Apr-0405 0.000% Current Foreclosure Total ~~Jan~~May-05 0.000% Loans in Foreclosure 0 ~~Feb~~Jun-05 0.000% Original Principal Balance 0.00 ~~Mar~~Jul-05 0.000% Current Principal Balance 0.00 ~~Apr~~Aug-05 0.000% ~~May~~Sep-05 0.000% ~~Jun~~Oct-05 0.000% ~~Jul~~Nov-05 0.000% ~~Aug~~Dec-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period

~~COLLATERAL~~Summary ~~STATEMENT~~12 ~~Collateral~~Month ~~Description~~Bankruptcy ~~Mixed~~History* ~~Fixed~~New ~~Weighted~~Bankruptcy ~~Average~~Loans ~~Gross~~Month ~~Coupon~~Bankruptcy ~~6.034771%~~Percentage ~~Weighted~~Loans ~~Average~~in ~~Pass-Through~~Bankruptcy ~~Rate~~0 5Jan-05 0.~~766549~~000% ~~Weighted~~Original ~~Average~~Principal ~~Maturity(Stepdown~~Balance ~~Calculation)~~0.00 ~~350~~Feb-05 ~~Beginning~~0.000% ~~Scheduled~~Current ~~Collateral~~Principal ~~Loan~~Balance ~~Count~~0.00 ~~336~~Mar-05 ~~Number~~0.000% OfApr-05 ~~Loans~~0.000% ~~Paid~~Current InBankruptcy ~~Full~~Total 7May-05 ~~Ending~~0.000% ~~Scheduled~~Loans ~~Collateral~~in ~~Loan~~Bankruptcy ~~Count~~0 ~~329~~Jun-05 ~~Beginning~~0.000% ~~Scheduled~~Original ~~Collateral~~Principal Balance ~~180,775,741~~0.2900 ~~Ending~~Jul-05 ~~Scheduled Collateral Balance 176,516,437~~0.21000% ~~Ending~~Current ~~Actual~~Principal ~~Collateral~~ Balance at0.00 29Aug-~~Jul-2005~~05 ~~176,674,699~~0.43000% ~~Monthly~~Sep-05 ~~P&I~~0.000% ~~Constant~~Oct-05 ~~1,098,213~~0.61000% ~~Special~~Nov-05 ~~Servicing~~0.000% ~~Fee~~Dec-05 0.00000% ~~Prepayment~~*The ~~Penalties~~text ~~0.00~~reported ~~Realized~~in ~~Loss~~the ~~Amount~~above ~~0.00~~table ~~Cumulative~~is ~~Realized~~presented ~~Loss~~graphically ~~0.00~~on ~~Class~~the Amonthly ~~Optimal~~bond ~~Amount~~remittance ~~5,087,094~~report.20 ~~Class~~The APmonthly ~~Deferred~~bond ~~Amount~~remittance ~~0.00~~report ~~Scheduled~~can ~~Principal~~be ~~189,096.79~~viewed ~~Unscheduled~~online ~~Principal~~at ~~4,070,207~~www.29ctslink.com.

~~Miscellaneous~~Bankruptcy ~~Reporting~~Detail ~~Senior~~- ~~Percentage~~All ~~96.138246%~~Mortgage ~~Senior~~Loans ~~Prepayment~~in ~~Percentage~~Bankruptcy ~~100.000000%~~during ~~Subordinate~~Current ~~Percentage~~Period ~~3.861754%~~Group ~~Subordinate~~Loan ~~Prepayment~~Month ~~Percentage~~Loan ~~0.000000%~~First ~~CPR~~State ~~Percentage~~LTV ~~23.933349%~~at Original Number Entered Payment Origination Principal Bankruptcy Date Balance No Bankruptcy Loans this Period

~~Prepayment~~Bankruptcy Detail - ~~Prepayments~~All Mortgage Loans in Bankruptcy during Current Period ~~Summary~~(continued) ~~Loans~~Group ~~Paid~~Loan InCurrent ~~Full~~Paid ~~Repurchased~~To ~~Loans~~Months ~~Original~~ Current ~~Original~~Approximate ~~Current~~Number Principal ~~Principal~~Date ~~Principal~~Delinquent ~~Principal~~Loan ~~Group~~Rate ~~Count~~Delinquent Balance ~~Balance~~Interest ~~Count~~No ~~Balance~~Bankruptcy ~~Balance~~Loans ~~Total~~this ~~7 4,065,833.00 4,033,684.39 0 0.00 0.00~~Period

Prepayment Detail - Prepayments during Current Period (continued) Summary Substitution Loans Liquidated Loans Curtailments Original Current Original Current Principal Principal Principal Principal Curtailment Group Count Balance Balance Count Balance Balance Amount Total 0 0.00 0.00 0 0.00 0.00 40,010.98

Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount Summary 0003594432 CA 75.00 01-Nov-2004 525,000.00 519,654.31 Summary 0003614370 CA 67.08 01-Dec-2004 805,000.00 794,686.80 Summary 0003677889 CA 75.00 01-Jan-2005 564,750.00 560,063.98 Summary 0058514141 CA 80.00 01-Aug-2004 681,500.00 681,500.00 Summary 0139424873 CA 80.00 01-Oct-2004 634,083.00 627,128.10 Summary 1233237250 CA 80.00 01-Dec-2004 464,000.00 459,657.99 Summary 1595818825 CA 90.00 01-Dec-2004 391,500.00 387,505.13

Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning Summary 0003594432 Loan Paid in Full 0 6.000% 360 9 Summary 0003614370 Loan Paid in Full 0 6.500% 360 8 Summary 0003677889 Loan Paid in Full 0 5.875% 360 7 Summary 0058514141 Loan Paid in Full 0 6.250% 360 12 Summary 0139424873 Loan Paid in Full 0 6.125% 360 10 Summary 1233237250 Loan Paid in Full 0 5.875% 360 8 Summary 1595818825 Loan Paid in Full 0 5.750% 360 8

Summary SMM CPR PSA Current Month 2.254% Current Month 23.933% Current Month 1,449.690% 3 Month Average 1.926% 3 Month Average 20.777% 3 Month Average 1,434.036% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 4.930% N/A Feb-2005 1,068.421% N/A Mar-2005 13.002% N/A Mar-2005 1,966.506% N/A Apr-2005 29.231% N/A Apr-2005 3,373.974% N/A May-2005 17.208% N/A May-2005 1,616.923% N/A Jun-2005 20.437% N/A Jun-2005 1,617.200% N/A Jul-2005 17.962% N/A Jul-2005 1,235.219% N/A Aug-2005 23.933% N/A Aug-2005 1,449.690% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Calculation Methodology: Single Month Mortality (SMM): (Partial and full prepayments + Repurchases) / (Beginning Scheduled Balance - Scheduled Principal) Conditional PrePayment Rate (CPR): 1 - ((1 - SMM)^12) PSA Standard Prepayment Model: 100 * CPR / (0.2 * MIN(30,WAS)) Weighted Average Seasoning (WAS): sum((Original Term - Remaining Term)*(Current Scheduled Balance/Deal Scheduled Principal Balance))

Realized Loss Report - Collateral Summary MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Sep~~Jan-~~2004~~2005 N/A N/A ~~Sep~~Jan-~~2004~~2005 N/A N/A ~~Oct~~Feb-~~2004~~2005 ~~N/A~~0.000% N/A ~~Oct~~Feb-~~2004~~2005 ~~N/A~~0.000% N/A ~~Nov~~Mar-~~2004~~2005 ~~N/A~~0.000% N/A ~~Nov~~Mar-~~2004~~2005 ~~N/A~~0.000% N/A ~~Dec~~Apr-~~2004~~2005 ~~N/A~~0.000% N/A ~~Dec~~Apr-~~2004~~2005 ~~N/A~~0.000% N/A ~~Jan~~May-2005 ~~N/A~~0.000% N/A ~~Jan~~May-2005 ~~N/A~~0.000% N/A ~~Feb~~Jun-2005 0.000% N/A ~~Feb~~Jun-2005 0.000% N/A ~~Mar~~Jul-2005 0.000% N/A ~~Mar~~Jul-2005 0.000% N/A ~~Apr~~Aug-2005 0.000% N/A ~~Apr~~Aug-2005 0.000% N/A ~~May~~Sep-2005 0.000% N/A ~~May~~Sep-2005 0.000% N/A ~~Jun~~Oct-2005 0.000% N/A ~~Jun~~Oct-2005 0.000% N/A ~~Jul~~Nov-2005 0.000% N/A ~~Jul~~Nov-2005 0.000% N/A ~~Aug~~Dec-2005 0.000% N/A ~~Aug~~Dec-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ~~www.~~ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Sep~~Jan-~~2004~~2005 N/A N/A ~~Sep~~Jan-~~2004~~2005 N/A N/A ~~Oct~~Feb-~~2004~~2005 ~~N/A~~0.000% N/A ~~Oct~~Feb-~~2004~~2005 ~~N/A~~0.000% N/A ~~Nov~~Mar-~~2004~~2005 ~~N/A~~0.000% N/A ~~Nov~~Mar-~~2004~~2005 ~~N/A~~0.000% N/A ~~Dec~~Apr-~~2004~~2005 ~~N/A~~0.000% N/A ~~Dec~~Apr-~~2004~~2005 ~~N/A~~0.000% N/A ~~Jan~~May-2005 ~~N/A~~0.000% N/A ~~Jan~~May-2005 ~~N/A~~0.000% N/A ~~Feb~~Jun-2005 0.000% N/A ~~Feb~~Jun-2005 0.000% N/A ~~Mar~~Jul-2005 0.000% N/A ~~Mar~~Jul-2005 0.000% N/A ~~Apr~~Aug-2005 0.000% N/A ~~Apr~~Aug-2005 0.000% N/A ~~May~~Sep-2005 0.000% N/A ~~May~~Sep-2005 0.000% N/A ~~Jun~~Oct-2005 0.000% N/A ~~Jun~~Oct-2005 0.000% N/A ~~Jul~~Nov-2005 0.000% N/A ~~Jul~~Nov-2005 0.000% N/A ~~Aug~~Dec-2005 0.000% N/A ~~Aug~~Dec-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ~~www.~~ctslink.com. www.ctslink.com. Calculation Methodology: Monthly Default Rate (MDR): sum(Beg Principal Balance of Liquidated Loans)/ sum(Beg Principal Balance). Conditional Default Rate (CDR): 1-((1-MDR)^12) SDA Standard Default Assumption: If WAS is less than or equal to 30 then CDR/(WAS*0.02) else if WAS is greater than 30 and less than or equal to 60 then CDR/0.6 else if WAS is greater than 60 and less than or equal to 120 then CDR/(0.6 - ((WAS-60)*0.0095)) else if WAS is greater than 120 then CDR/0.03 Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)

Prepayment - Voluntary Prepayments

Filing Compare · Banc of America Funding Corp. 2005-1 Trust