8-K 1 cwa05im1_8k0511.txt 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): November 25, 2005 CWA (Depositor) (Issuer in respect of Asset Backed Certificates, Series 2005-IM1) (Exact name of registrant as specified in charter) Delaware 33-63714 95-4449516 (State or other (Commission File No.) (I.R.S. Employer jurisdiction of Identification No.) organization) , , N/A 91110-7137 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, including area code: (818)-304-4428 Not Applicable (Former name, former address and former fiscal year, 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. []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)) Section 8 - Other Events Item 8.01 Other Events Section 9 - Financial Statements and Exhibits Item 9.01 Financial Statements and Exhibits SIGNATURES 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 thereunto duly authorized. Dated: November 25, 2005 CWA By: /s/ Maria Tokarz ------------------------------ Name: Maria Tokarz Assistant Treasurer The Bank of New York, as Trustee EXHIBIT INDEX Exhibit 99 Monthly Remittance Statement dated November 25, 2005 Payment Date: 11/25/05 ------------------------------------------------------------ Countrywide Home Loans Servicing LP Asset Backed Certificates, Series 2005-IM1 ------------------------------------------------------------

Class Information Current Payment Information ---------------------------------------------------------------------------------------------------------------------------------- Beginning Pass Thru Principal Interest Total Principal Interest Type Class Code Name Cert. Bal. Rate Dist. Amt. Dist. Amt. Dist. Losses Shortfalls ---------------------------------------------------------------------------------------------------------------------------------- Senior A1 ~~265~~253,~~433~~190,~~958~~888.6622 34.~~960000~~167500% 1220,~~243~~308,~~070~~423.4408 ~~846~~908,~~734~~621.3322 1321,~~089~~217,~~804~~044.7730 0.00 0.00 A2 399,838,000.00 4.~~110000~~317500% 0.00 1,~~323~~486,~~796~~536.9860 1,~~323~~486,~~796~~536.9860 0.00 0.00 A2M 44,426,000.00 4.~~180000~~387500% 0.00 ~~149~~167,~~592~~846.2198 ~~149~~167,~~592~~846.2198 0.00 0.00 A3 41,279,000.00 4.~~230000~~437500% 0.00 ~~140~~157,~~658~~734.1951 ~~140~~157,~~658~~734.1951 0.00 0.00 A3M 4,587,000.00 4.~~300000~~507500% 0.00 1517,~~888~~804.8625 1517,~~888~~804.8625 0.00 0.00 A4 29,596,000.00 4.~~210000~~417500% 0.00 ~~100~~112,~~371~~581.5595 ~~100~~112,~~371~~581.5595 0.00 0.00 A4M 3,288,000.00 4.~~330000~~537500% 0.00 1112,~~468~~847.7317 1112,~~468~~847.7317 0.00 0.00 AIO ~~822~~753,~~028~~083,~~601~~594.00 0.800000% 0.00 ~~548~~502,~~019~~055.0773 ~~548~~502,~~019~~055.0773 0.00 0.00 M1 30,508,000.00 4.~~310000~~517500% 0.00 ~~105~~118,~~922~~678.0824 ~~105~~118,~~922~~678.0824 0.00 0.00 M2 13,459,000.00 4.~~330000~~537500% 0.00 4652,~~945~~588.7424 4652,~~945~~588.7424 0.00 0.00 M3 8,524,000.00 4.~~370000~~577500% 0.00 3033,~~006~~599.8536 3033,~~006~~599.8536 0.00 0.00 M4 6,729,000.00 4.~~480000~~687500% 0.00 2427,~~284~~161.2133 2427,~~284~~161.2133 0.00 0.00 M5 7,178,000.00 4.~~560000~~767500% 0.00 2629,~~367~~468.1918 2629,~~367~~468.1918 0.00 0.00 M6 5,383,000.00 4.~~630000~~837500% 0.00 2022,~~077~~423.0956 2022,~~077~~423.0956 0.00 0.00 M7 5,832,000.00 5.~~080000~~287500% 0.00 2326,~~865~~553.8483 2326,~~865~~553.8483 0.00 0.00 B 7,630,000.00 5.~~827247~~452564% 0.00 3539,~~833~~668.4505 3539,~~833~~668.4505 0.00 0.00 P 100.00 0.000000% 0.00 77183,~~511~~694.7486 77183,~~511~~694.7486 0.00 0.00 C ~~873~~861,~~690~~447,~~958~~888.6622 0.000000% 0.00 ~~651~~328,~~423~~474.5082 ~~651~~328,~~423~~474.5082 0.00 0.00 Residual AR 0.00 0.000000% 0.00 0.00 0.00 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - ~~873~~861,~~691~~447,~~058~~988.6622 - 1220,~~243~~308,~~070~~423.4408 4,~~178~~228,~~767~~338.6088 1624,~~421~~536,~~838~~761.0496 - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior A1 ~~253~~232,~~190~~882,~~888~~465.2214 0.00 A2 399,838,000.00 0.00 A2M 44,426,000.00 0.00 A3 41,279,000.00 0.00 A3M 4,587,000.00 0.00 A4 29,596,000.00 0.00 A4M 3,288,000.00 0.00 AIO ~~753~~689,~~083~~920,~~594~~745.00 0.00 M1 30,508,000.00 0.00 M2 13,459,000.00 0.00 M3 8,524,000.00 0.00 M4 6,729,000.00 0.00 M5 7,178,000.00 0.00 M6 5,383,000.00 0.00 M7 5,832,000.00 0.00 B 7,630,000.00 0.00 P 100.00 0.00 C ~~861~~841,~~447~~139,~~888~~465.2214 0.00 Residual AR 0.00 0.00 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - ~~861~~841,~~447~~139,~~988~~565.2214 - --------------------------------------------------------------------------------

Payment Date: 11/25/05 ------------------------------------------------------------ Countrywide Home Loans Servicing LP Asset Backed Certificates, Series 2005-IM1 ------------------------------------------------------------

Class Information Current Payment Information Factors per $1,000 ------------------------------------------------------------------------------------------------------------------------ Beginning Pass Thru CUSIP Principal Interest Ending Cert./ Type Class Code Name Cert. Bal.(Face) Rate Numbers Dist. Dist. Notional Bal. ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Senior A1 ~~265~~253,~~433~~190,~~958~~888.6622 34.~~960000~~167500% 1266733V2 4270.~~359462~~264553 23.~~929593~~143713 ~~876~~805.~~008166~~743614 A2 399,838,000.00 4.~~110000~~317500% 1266733W0 0.000000 3.~~310833~~717847 1,000.000000 A2M 44,426,000.00 4.~~180000~~387500% 1266733X8 0.000000 3.~~367222~~778125 1,000.000000 A3 41,279,000.00 4.~~230000~~437500% 1266733Y6 0.000000 3.~~407500~~821181 1,000.000000 A3M 4,587,000.00 4.~~300000~~507500% 1266733Z3 0.000000 3.~~463889~~881458 1,000.000000 A4 29,596,000.00 4.~~210000~~417500% 1266734Q2 0.000000 3.~~391389~~803958 1,000.000000 A4M 3,288,000.00 4.~~330000~~537500% 1266734R0 0.000000 3.~~488056~~907292 1,000.000000 AIO ~~822~~753,~~028~~083,~~601~~594.00 0.800000% 1266734A7 0.000000 0.~~610753~~559528 ~~839~~768.~~291411~~898115 M1 30,508,000.00 4.~~310000~~517500% 1266734B5 0.000000 3.~~471944~~890069 1,000.000000 M2 13,459,000.00 4.~~330000~~537500% 1266734C3 0.000000 3.~~488056~~907292 1,000.000000 M3 8,524,000.00 4.~~370000~~577500% 1266734D1 0.000000 3.~~520278~~941736 1,000.000000 M4 6,729,000.00 4.~~480000~~687500% 1266734E9 0.000000 34.~~608889~~036458 1,000.000000 M5 7,178,000.00 4.~~560000~~767500% 1266734F6 0.000000 34.~~673333~~105347 1,000.000000 M6 5,383,000.00 4.~~630000~~837500% 1266734G4 0.000000 34.~~729722~~165625 1,000.000000 M7 5,832,000.00 5.~~080000~~287500% 1266734H2 0.000000 4.~~092222~~553125 1,000.000000 B 7,630,000.00 5.~~827247~~452564% 1266734J8 0.000000 45.~~696389~~198958 1,000.000000 P 100.00 0.000000% 1266734K5 0.000000 ~~775~~1,~~117~~836,948.~~400000~~600000 1,000.000000 C ~~873~~861,~~690~~447,~~958~~888.6622 0.000000% 1266734L3 0.000000 0.~~725994~~366076 ~~960~~937.~~060503~~427311 Residual AR 0.00 0.000000% 1266734M1 0.000000 0.000000 0.000000 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - ~~873~~861,~~691~~447,~~058~~988.6622 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ Countrywide Home Loans Servicing LP Asset Backed Certificates, Series 2005-IM1 ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Total ----- Prin balance 841,139,465.14 841,139,465.14 Loan count 3261 3261 Avg loan rate 6.067445% 6.07 Prepay amount 19,554,756.41 19,554,756.41 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Total ----- Master serv fees 259,373.98 259,373.98 Sub servicer fees 0.00 0.00 Trustee fees 6,460.86 6,460.86 Agg advances N/A N/A Adv this period 64,789.13 64,789.13 -------------------------------------------------------------------------------- LOSSES & INSURANCE COVERAGES -------------------------------------------------------------------------------- Total ----- Realized losses 0.00 0.00 Cumulative losses 0.00 0.00 Coverage Amounts Total ---------------- ----- Bankruptcy 0.00 0.00 Fraud 17,945,700.00 17,945,700.00 Special Hazard 0.00 0.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 100.000000% 100.000000% 861,447,988.22 ----------------------------------------------------------------------------- Junior 0.000000% 0.000000% 0.00 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 25 5,613,259.35 60 to 89 days 7 1,162,782.56 90 or more 10 3,639,383.61 Foreclosure 3 436,618.98 Totals: 45 10,852,044.50 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- REO INFORMATION -------------------------------------------------------------------------------- REO Date Loan Number Ending Stated Balance Book Value -------- ----------- --------------------- ---------- N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A Totals: 0 N/A Current Total Outstanding Balance: 0.00 Current Total Outstanding Number of Loans: 0 -------------------------------------------------------------------------------- OTHER INFORMATION -------------------------------------------------------------------------------- Amount/Withdrawal Total/Ending Bal. ----------------- ----------------- Available remittance amount 24,536,761.96 24,536,761.96 Principal remittance amount 20,308,423.08 20,308,423.08 Interest remittance amount 4,228,338.88 4,228,338.88

Filing Compare · CWABS Inc. Asset-Backed Certificates Trust 2005-IM1