UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) June 27, 2005

Bear Stearns Asset Backed Securities I LLC
(Exact name of registrant as specified in its charter)

Delaware
(State or other jurisdiction
of incorporation)

333-113636
(Commission
File Number)

20-0842986
(IRS Employer
Identification No.)

383 Madison Avenue, New York, New York
(Address of principal executive offices)

10179
(Zip Code)

Registrant's telephone number, including area code 212-272-2000

(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))

Section 8 - Other Events

Item 8.01. Other Events.

This current report on Form 8-K relates to the monthly distribution reported to the holders of Bear Stearns Asset Backed Securities I Trust 2005-HE4 Asset-Backed Certificates, Series 2005-HE4, which was made on June 27, 2005.

Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits.

99.1 Monthly distribution report pursuant to section 5.06 of the Pooling and Servicing Agreement for the distribution on June 27, 2005.

(Exhibit No. Description)

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 hereunto duly authorized.

LASALLE BANK NATIONAL ASSOCIATION, IN ITS CAPACITY AS TRUSTEE UNDER THE P0OLING AND SERVICING AGREEMENT ON BEHALF OF BEAR STEARNS ASSET BACKED SECURITIES I LLC, REGISTRANT

By: /s/ Russell Goldenberg
Russell Goldenberg
Group Senior Vice President

Date: June 30, 2005

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Reporting Package Table of Contents

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Administrator:
Amanda Hellyer 312.904.6299
amanda.hellyer@abnamro.com

Analyst:
William Wong 714.259.6243
william.wong@abnamro.com

Statement Date:

135 S. LaSalle Street, Suite 1625
Chicago, IL 60603
USA

Statements to Certificateholders
Cash Reconciliation Summary
Bond Interest Reconciliation
Bond Principal Reconciliation

Shortfall Summary Report

Swap Summary Report
Rating Information

Asset-Backed Facts ~ 15 Month Loan Status Summary Part I
Asset-Backed Facts ~ 15 Month Loan Status Summary Part II
Asset-Backed Facts ~ 15 Month Loan Payoff/Loss Summary

Page 2-3
Page 4-19
Page 20
Page 21

Page 22

Page 23
Page 24

Page 25-40
Page 41-56

Page 57-72

Realized Loss Detail

Page 73

Page(s)

Information is available for this issue from the following sources

Issue Id:

Monthly Data File
Name:

BS005HE4

BS005HE4_200506_3.ZIP

Closing Date:

First Payment Date:

Rated Final Payment: Date:

29-Apr-05
25-May-05

25-Apr-35

Parties to The Transaction

Depositor: Bear Stearns Asset Backed Securities, Inc.

Underwriter: Bear Stearns & Co. Inc.

Master Servicer: EMC Mortgage Corporation

Rating Agency: Standard & Poor's Ratings Services/Moody's Investors Service, Inc.

800.246.5761

LaSalle Factor Line

LaSalle Web Site

Servicer Web Site

www.emcmortgagecorp.com

www.etrustee.net

Page 1 of 73

Class

CUSIP

Original

Opening

Principal

Negative

Closing

Interest

Pass-Through

Per $ 1000

Next Rate(3)

WAC:
WAMM:
Current Index:
Next Index:

Payment Date:
Prior Payment:
Next Payment:
Record Date:

7.449566%

3.090000%
3.314380%

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2005-HE4

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

352

Bond Payments

Statement Date:

ABN AMRO Acct: 722547.2

963.996873419

50.893299841

0.000000000

913.103573578

2.818887567

3.4143800000%

0.00

0.000000000

3.1900000000%

0.000000000

073879TJ7

I-A-1

112,663,000.00

5,733,791.84

0.00

102,872,987.91

317,584.33

108,606,779.75

1000.000000000

0.000000000

1000.000000000

3.006666741

3.5043800000%

0.00

0.000000000

3.2800000000%

0.000000000

073879TK4

I-A-2

44,863,000.00

0.00

44,863,000.00

134,888.09

44,863,000.00

1000.000000000

0.000000000

1000.000000000

3.135000000

3.6443800000%

0.00

0.000000000

3.4200000000%

0.000000000

073879TL2

I-A-3

10,624,000.00

0.00

10,624,000.00

33,306.24

10,624,000.00

957.720017533

25.232123171

0.000000000

932.487894362

2.897103172

3.5243800000%

0.00

0.000000000

3.3000000000%

0.000000000

073879TM0

II-A-1

18,251,000.00

460,511.48

0.00

17,018,836.56

52,875.03

17,479,348.04

957.720017532

25.232123603

0.000000000

932.487893929

2.940999343

3.5743800000%

0.00

0.000000000

3.3500000000%

0.000000000

073879TN8

II-A-2

4,563,000.00

115,134.18

0.00

4,254,942.26

13,419.78

4,370,076.44

961.845665723

26.778642541

0.000000000

935.067023183

2.909583169

3.5243800000%

0.00

0.000000000

3.3000000000%

0.000000000

073879TP3

III-A-1

96,106,000.00

2,573,588.22

0.00

89,865,551.33

279,628.40

92,439,139.55

961.845666126

26.778642361

0.000000000

935.067023765

2.953667541

3.5743800000%

0.00

0.000000000

3.3500000000%

0.000000000

073879TQ1

III-A-2

24,027,000.00

643,410.44

0.00

22,466,855.38

70,967.77

23,110,265.82

977.311654092

19.342018091

0.000000000

957.969636001

2.956367712

3.5243800000%

0.00

0.000000000

3.3000000000%

0.000000000

073879TR9

IV-A-1

101,264,000.00

1,958,650.12

0.00

97,007,837.22

299,373.62

98,966,487.34

977.311654290

19.342018091

0.000000000

957.969636198

3.001161321

3.5743800000%

0.00

0.000000000

3.3500000000%

0.000000000

073879TS7

IV-A-2

25,316,000.00

489,662.53

0.00

24,251,959.31

75,977.40

24,741,621.84

1000.000000000

0.000000000

1000.000000000

3.226666745

3.7443800000%

0.00

0.000000000

3.5200000000%

0.000000000

073879TT5

M-1

42,466,000.00

0.00

42,466,000.00

137,023.63

42,466,000.00

1000.000000000

0.000000000

1000.000000000

3.419166565

3.9543800000%

0.00

0.000000000

3.7300000000%

0.000000000

073879TU2

M-2

32,840,000.00

0.00

32,840,000.00

112,285.43

32,840,000.00

1000.000000000

0.000000000

1000.000000000

3.455832873

3.9943800000%

0.00

0.000000000

3.7700000000%

0.000000000

073879TV0

M-3

9,059,000.00

0.00

9,059,000.00

31,306.39

9,059,000.00

1000.000000000

0.000000000

1000.000000000

3.978333544

4.5643800000%

0.00

0.000000000

4.3400000000%

0.000000000

073879TW8

M-4

7,927,000.00

0.00

7,927,000.00

31,536.25

7,927,000.00

1000.000000000

0.000000000

1000.000000000

4.070000000

4.6643800000%

0.00

0.000000000

4.4400000000%

0.000000000

073879TX6

M-5

7,927,000.00

0.00

7,927,000.00

32,262.89

7,927,000.00

1000.000000000

0.000000000

1000.000000000

4.482500000

5.1143800000%

0.00

0.000000000

4.8900000000%

0.000000000

073879TY4

M-6

6,228,000.00

0.00

6,228,000.00

27,917.01

6,228,000.00

1000.000000000

0.000000000

1000.000000000

5.582499481

6.3143800000%

0.00

2,165.35

0.449896115

5.5992027667%

0.000000000

073879TZ1

M-7

4,813,000.00

0.00

4,813,000.00

26,868.57

4,813,000.00

1000.000000000

0.000000000

1000.000000000

5.582500883

6.3143800000%

0.00

2,547.32

0.449897563

5.5992027667%

0.000000000

073879UA4

M-8

5,662,000.00

0.00

5,662,000.00

31,608.12

5,662,000.00

1000.000000000

0.000000000

1000.000000000

100.464084517

0.00

1,166,182.53

100.464084517

N/A

0.000000000

073879UB2

11,607,954.58

0.00

11,607,954.58

1,166,182.53

11,607,954.58

1000.000000000

0.000000000

1000.000000000

2506401.700000000

0.00

250,640.17

2506401.700000000

N/A

0.000000000

073879UC0

100.00

0.00

100.00

250,640.17

100.00

Page 2 of 73

Notes: (1) N denotes notional balance not included in total (2) Accrued Interest Plus/Minus Interest Adjustment Minus Deferred Interest equals Interest Payment (3) Estimated. * Denotes Controlling Class

Class

CUSIP

Original

Opening

Principal

Negative

Closing

Interest

Pass-Through

Per $ 1000

Next Rate(3)

WAC:
WAMM:
Current Index:
Next Index:

Payment Date:
Prior Payment:
Next Payment:
Record Date:

7.449566%

3.090000%
3.314380%

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2005-HE4

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

352

Bond Payments

Statement Date:

ABN AMRO Acct: 722547.2

0.000000000

0.00

0.000000000

N/A

0.000000000

073879UD8

R-1

0.00

0.000000000

0.00

0.000000000

N/A

0.000000000

073879UE6

R-2

0.00

0.000000000

0.00

0.000000000

N/A

0.000000000

073879UF3

R-3

0.00

0.000000000

0.00

0.000000000

N/A

0.000000000

073879UG1

0.00

Total P&I Payment

0.00

1,421,535.37

566,207,054.58

553,730,773.36

15,100,400.46

Total

541,756,024.55

11,974,748.81

0.00

3,125,651.65

Page 3 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Statement Date:

Cash Reconciliation Summary

Interest Summary

Total Trustee Fees

Available Interest

3,454,971.70

Fee Summary

Total Servicing Fees

Principal Summary

Scheduled Principal Distribution

Unscheduled:
Curtailments
Prepayments in Full
Liquidation Proceeds
Repurchase Proceeds
Other Principal Proceeds

Unscheduled Principal Distribution

Remittance Principal

Servicer Wire Amount

302,451.04

12,677.23

11,659,620.54

0.00
0.00
0.00

15,432,212.30

Pool Balance Summary

Beginning Pool
Scheduled Principal Distribution

Unscheduled Principal
Distribution

Deferred Interest
Liquidations
Repurchases
Ending Pool

Balance/Amount

Count

553,730,673.36

302,451.04

11,672,297.77

0.00
0.00
0.00

541,755,924.55

3,409

0
0

3,353

215,873.88

Extra Principal

Trigger Event

0.00

11,974,748.81

Over Collateralization Amt

11,607,954.58

Less Extra Principal

Remittance Interest

0.00

3,454,971.70

0.00

11,672,297.77

Less Mod Losses

Interest Due Trust

Total Trustee Fees

)

(2,491.79

3,457,463.49

Total Fees

218,365.67

Insurance Premium

Reimbursement Amt

Class II-A Policy - Interest
Class II-A Policy - Principal
Other

Total Reimbursement Amt

Rolling 3-Month Delinquency

0.65

0.00

2,491.79

LPMI Fees

0.00

0.00
0.00
0.00

0.00

Page 4 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Statement Date:

Cash Reconciliation Summary Group I Loans - Fixed 1st Lien

Interest Summary

Total Trustee Fees

Available Interest

83,650.18

Fee Summary

Total Servicing Fees

Principal Summary

Scheduled Principal Distribution

Unscheduled:
Curtailments
Prepayments in Full
Liquidation Proceeds
Repurchase Proceeds
Other Principal Proceeds

Unscheduled Principal Distribution

Remittance Principal

Servicer Wire Amount

15,402.86

296.59

125,571.63

0.00
0.00
0.00

224,986.69

Pool Balance Summary

Beginning Pool
Scheduled Principal Distribution

Unscheduled Principal
Distribution

Deferred Interest
Liquidations
Repurchases
Ending Pool

Balance/Amount

Count

14,541,147.42

15,402.86

125,868.22

0.00
0.00
0.00

14,399,876.34

106

0
0

105

5,751.86

Trigger Event

141,271.08

Over Collateralization Amt

11,607,954.58

Remittance Interest

83,650.18

0.00

125,868.22

Less Mod Losses

Interest Due Trust

Total Trustee Fees

)

(65.44

83,715.61

Total Fees

5,817.29

Insurance Premium

Reimbursement Amt

Class II-A Policy - Interest
Class II-A Policy - Principal
Other

Total Reimbursement Amt

Rolling 3-Month Delinquency

0.65

0.00

65.44

LPMI Fees

0.00

0.00
0.00
0.00

0.00

Page 5 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Statement Date:

Cash Reconciliation Summary Group I Loans - Fixed 2nd Lien

Interest Summary

Total Trustee Fees

Available Interest

109,637.52

Fee Summary

Total Servicing Fees

Principal Summary

Scheduled Principal Distribution

Unscheduled:
Curtailments
Prepayments in Full
Liquidation Proceeds
Repurchase Proceeds
Other Principal Proceeds

Unscheduled Principal Distribution

Remittance Principal

Servicer Wire Amount

5,464.64

)

(1,380.77

438,086.73

0.00
0.00
0.00

551,864.20

Pool Balance Summary

Beginning Pool
Scheduled Principal Distribution

Unscheduled Principal
Distribution

Deferred Interest
Liquidations
Repurchases
Ending Pool

Balance/Amount

Count

12,461,983.56

5,464.64

436,705.96

0.00
0.00
0.00

12,019,812.96

198

0
0

192

4,266.21

Trigger Event

442,170.60

Over Collateralization Amt

11,607,954.58

Remittance Interest

109,637.52

0.00

436,705.96

Less Mod Losses

Interest Due Trust

Total Trustee Fees

)

(56.08

109,693.60

Total Fees

4,322.29

Insurance Premium

Reimbursement Amt

Class II-A Policy - Interest
Class II-A Policy - Principal
Other

Total Reimbursement Amt

Rolling 3-Month Delinquency

0.65

0.00

56.08

LPMI Fees

0.00

0.00
0.00
0.00

0.00

Page 6 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Statement Date:

Cash Reconciliation Summary Group I Loans - ARM 228

Interest Summary

Total Trustee Fees

Available Interest

971,778.42

Fee Summary

Total Servicing Fees

Principal Summary

Scheduled Principal Distribution

Unscheduled:
Curtailments
Prepayments in Full
Liquidation Proceeds
Repurchase Proceeds
Other Principal Proceeds

Unscheduled Principal Distribution

Remittance Principal

Servicer Wire Amount

80,009.95

)

(2,045.95

3,486,496.08

0.00
0.00
0.00

4,536,923.15

Pool Balance Summary

Beginning Pool
Scheduled Principal Distribution

Unscheduled Principal
Distribution

Deferred Interest
Liquidations
Repurchases
Ending Pool

Balance/Amount

Count

152,143,499.39

80,009.95

3,484,450.13

0.00
0.00
0.00

148,579,039.31

848

0
0

837

57,933.96

Trigger Event

3,564,460.08

Over Collateralization Amt

11,607,954.58

Remittance Interest

971,778.42

0.00

3,484,450.13

Less Mod Losses

Interest Due Trust

Total Trustee Fees

)

(684.65

972,463.07

Total Fees

58,618.61

Insurance Premium

Reimbursement Amt

Class II-A Policy - Interest
Class II-A Policy - Principal
Other

Total Reimbursement Amt

Rolling 3-Month Delinquency

0.65

0.00

684.65

LPMI Fees

0.00

0.00
0.00
0.00

0.00

Page 7 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Statement Date:

Cash Reconciliation Summary Group I Loans - ARM 327

Interest Summary

Total Trustee Fees

Available Interest

225,369.22

Fee Summary

Total Servicing Fees

Principal Summary

Scheduled Principal Distribution

Unscheduled:
Curtailments
Prepayments in Full
Liquidation Proceeds
Repurchase Proceeds
Other Principal Proceeds

Unscheduled Principal Distribution

Remittance Principal

Servicer Wire Amount

13,573.60

484.91

1,571,831.57

0.00
0.00
0.00

1,811,413.76

Pool Balance Summary

Beginning Pool
Scheduled Principal Distribution

Unscheduled Principal
Distribution

Deferred Interest
Liquidations
Repurchases
Ending Pool

Balance/Amount

Count

34,325,948.42

13,573.60

1,572,316.48

0.00
0.00
0.00

32,740,058.34

153

0
0

147

12,555.26

Trigger Event

1,585,890.08

Over Collateralization Amt

11,607,954.58

Remittance Interest

225,369.22

0.00

1,572,316.48

Less Mod Losses

Interest Due Trust

Total Trustee Fees

)

(154.47

225,523.68

Total Fees

12,709.73

Insurance Premium

Reimbursement Amt

Class II-A Policy - Interest
Class II-A Policy - Principal
Other

Total Reimbursement Amt

Rolling 3-Month Delinquency

0.65

0.00

154.47

LPMI Fees

0.00

0.00
0.00
0.00

0.00

Page 8 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Statement Date:

Cash Reconciliation Summary Group II Loans - Fixed 1st Lien

Interest Summary

Total Trustee Fees

Available Interest

22,400.29

Fee Summary

Total Servicing Fees

Principal Summary

Scheduled Principal Distribution

Unscheduled:
Curtailments
Prepayments in Full
Liquidation Proceeds
Repurchase Proceeds
Other Principal Proceeds

Unscheduled Principal Distribution

Remittance Principal

Servicer Wire Amount

3,334.65

1.13
0.00
0.00
0.00
0.00

25,752.28

Pool Balance Summary

Beginning Pool
Scheduled Principal Distribution

Unscheduled Principal
Distribution

Deferred Interest
Liquidations
Repurchases
Ending Pool

Balance/Amount

Count

3,602,022.55

3,334.65

1.13
0.00
0.00
0.00

3,598,686.77

0
0

1,500.84

Trigger Event

3,335.78

Over Collateralization Amt

11,607,954.58

Remittance Interest

22,400.29

0.00

1.13

Less Mod Losses

Interest Due Trust

Total Trustee Fees

)

(16.21

22,416.50

Total Fees

1,517.05

Insurance Premium

Reimbursement Amt

Class II-A Policy - Interest
Class II-A Policy - Principal
Other

Total Reimbursement Amt

Rolling 3-Month Delinquency

0.65

0.00

16.21

LPMI Fees

0.00

0.00
0.00
0.00

0.00

Page 9 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Statement Date:

Cash Reconciliation Summary Group II Loans - ARM 228

Interest Summary

Total Trustee Fees

Available Interest

123,896.54

Fee Summary

Total Servicing Fees

Principal Summary

Scheduled Principal Distribution

Unscheduled:
Curtailments
Prepayments in Full
Liquidation Proceeds
Repurchase Proceeds
Other Principal Proceeds

Unscheduled Principal Distribution

Remittance Principal

Servicer Wire Amount

4,458.64

1,267.53

564,231.77

0.00
0.00
0.00

693,954.06

Pool Balance Summary

Beginning Pool
Scheduled Principal Distribution

Unscheduled Principal
Distribution

Deferred Interest
Liquidations
Repurchases
Ending Pool

Balance/Amount

Count

22,127,353.76

4,458.64

565,499.30

0.00
0.00
0.00

21,557,395.82

112

0
0

110

8,991.78

Trigger Event

569,957.94

Over Collateralization Amt

11,607,954.58

Remittance Interest

123,896.54

0.00

565,499.30

Less Mod Losses

Interest Due Trust

Total Trustee Fees

)

(99.57

123,996.12

Total Fees

9,091.35

Insurance Premium

Reimbursement Amt

Class II-A Policy - Interest
Class II-A Policy - Principal
Other

Total Reimbursement Amt

Rolling 3-Month Delinquency

0.65

0.00

99.57

LPMI Fees

0.00

0.00
0.00
0.00

0.00

Page 10 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Statement Date:

Cash Reconciliation Summary Group II Loans - ARM 327

Interest Summary

Total Trustee Fees

Available Interest

16,441.77

Fee Summary

Total Servicing Fees

Principal Summary

Scheduled Principal Distribution

Unscheduled:
Curtailments
Prepayments in Full
Liquidation Proceeds
Repurchase Proceeds
Other Principal Proceeds

Unscheduled Principal Distribution

Remittance Principal

Servicer Wire Amount

945.33

1,406.61

0.00
0.00
0.00
0.00

18,806.41

Pool Balance Summary

Beginning Pool
Scheduled Principal Distribution

Unscheduled Principal
Distribution

Deferred Interest
Liquidations
Repurchases
Ending Pool

Balance/Amount

Count

2,820,595.90

945.33

1,406.61

0.00
0.00
0.00

2,818,243.96

0
0

1,175.25

Trigger Event

2,351.94

Over Collateralization Amt

11,607,954.58

Remittance Interest

16,441.77

0.00

1,406.61

Less Mod Losses

Interest Due Trust

Total Trustee Fees

)

(12.69

16,454.47

Total Fees

1,187.94

Insurance Premium

Reimbursement Amt

Class II-A Policy - Interest
Class II-A Policy - Principal
Other

Total Reimbursement Amt

Rolling 3-Month Delinquency

0.65

0.00

12.69

LPMI Fees

0.00

0.00
0.00
0.00

0.00

Page 11 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Statement Date:

Cash Reconciliation Summary Group III Loans - Fixed 1st Lien

Interest Summary

Total Trustee Fees

Available Interest

122,374.31

Fee Summary

Total Servicing Fees

Principal Summary

Scheduled Principal Distribution

Unscheduled:
Curtailments
Prepayments in Full
Liquidation Proceeds
Repurchase Proceeds
Other Principal Proceeds

Unscheduled Principal Distribution

Remittance Principal

Servicer Wire Amount

14,201.57

1,025.24

296,804.74

0.00
0.00
0.00

434,494.83

Pool Balance Summary

Beginning Pool
Scheduled Principal Distribution

Unscheduled Principal
Distribution

Deferred Interest
Liquidations
Repurchases
Ending Pool

Balance/Amount

Count

19,770,365.94

14,201.57

297,829.98

0.00
0.00
0.00

19,458,334.39

155

0
0

152

7,899.96

Trigger Event

312,031.55

Over Collateralization Amt

11,607,954.58

Remittance Interest

122,374.31

0.00

297,829.98

Less Mod Losses

Interest Due Trust

Total Trustee Fees

)

(88.97

122,463.28

Total Fees

7,988.93

Insurance Premium

Reimbursement Amt

Class II-A Policy - Interest
Class II-A Policy - Principal
Other

Total Reimbursement Amt

Rolling 3-Month Delinquency

0.65

0.00

88.97

LPMI Fees

0.00

0.00
0.00
0.00

0.00

Page 12 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Statement Date:

Cash Reconciliation Summary Group III Loans - Fixed 2nd Lien

Interest Summary

Total Trustee Fees

Available Interest

74,288.13

Fee Summary

Total Servicing Fees

Principal Summary

Scheduled Principal Distribution

Unscheduled:
Curtailments
Prepayments in Full
Liquidation Proceeds
Repurchase Proceeds
Other Principal Proceeds

Unscheduled Principal Distribution

Remittance Principal

Servicer Wire Amount

3,946.49

1,195.35

29,958.91

0.00
0.00
0.00

109,427.59

Pool Balance Summary

Beginning Pool
Scheduled Principal Distribution

Unscheduled Principal
Distribution

Deferred Interest
Liquidations
Repurchases
Ending Pool

Balance/Amount

Count

8,600,242.42

3,946.49

31,154.26

0.00
0.00
0.00

8,565,141.67

196

0
0

195

3,583.43

Trigger Event

35,100.75

Over Collateralization Amt

11,607,954.58

Remittance Interest

74,288.13

0.00

31,154.26

Less Mod Losses

Interest Due Trust

Total Trustee Fees

)

(38.70

74,326.84

Total Fees

3,622.14

Insurance Premium

Reimbursement Amt

Class II-A Policy - Interest
Class II-A Policy - Principal
Other

Total Reimbursement Amt

Rolling 3-Month Delinquency

0.65

0.00

38.70

LPMI Fees

0.00

0.00
0.00
0.00

0.00

Page 13 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Statement Date:

Cash Reconciliation Summary Group III Loans - ARM 228

Interest Summary

Total Trustee Fees

Available Interest

577,099.59

Fee Summary

Total Servicing Fees

Principal Summary

Scheduled Principal Distribution

Unscheduled:
Curtailments
Prepayments in Full
Liquidation Proceeds
Repurchase Proceeds
Other Principal Proceeds

Unscheduled Principal Distribution

Remittance Principal

Servicer Wire Amount

48,752.18

5,006.63

2,088,796.05

0.00
0.00
0.00

2,720,080.54

Pool Balance Summary

Beginning Pool
Scheduled Principal Distribution

Unscheduled Principal
Distribution

Deferred Interest
Liquidations
Repurchases
Ending Pool

Balance/Amount

Count

94,688,097.60

48,752.18

2,093,802.68

0.00
0.00
0.00

92,545,542.74

584

0
0

573

35,738.98

Trigger Event

2,142,554.86

Over Collateralization Amt

11,607,954.58

Remittance Interest

577,099.59

0.00

2,093,802.68

Less Mod Losses

Interest Due Trust

Total Trustee Fees

)

(426.10

577,525.68

Total Fees

36,165.08

Insurance Premium

Reimbursement Amt

Class II-A Policy - Interest
Class II-A Policy - Principal
Other

Total Reimbursement Amt

Rolling 3-Month Delinquency

0.65

0.00

426.10

LPMI Fees

0.00

0.00
0.00
0.00

0.00

Page 14 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Statement Date:

Cash Reconciliation Summary Group III Loans - ARM 327

Interest Summary

Total Trustee Fees

Available Interest

170,957.38

Fee Summary

Total Servicing Fees

Principal Summary

Scheduled Principal Distribution

Unscheduled:
Curtailments
Prepayments in Full
Liquidation Proceeds
Repurchase Proceeds
Other Principal Proceeds

Unscheduled Principal Distribution

Remittance Principal

Servicer Wire Amount

15,848.79

1,410.86

710,051.85

0.00
0.00
0.00

898,393.85

Pool Balance Summary

Beginning Pool
Scheduled Principal Distribution

Unscheduled Principal
Distribution

Deferred Interest
Liquidations
Repurchases
Ending Pool

Balance/Amount

Count

27,769,335.45

15,848.79

711,462.71

0.00
0.00
0.00

27,042,023.95

162

0
0

158

10,787.26

Trigger Event

727,311.50

Over Collateralization Amt

11,607,954.58

Remittance Interest

170,957.38

0.00

711,462.71

Less Mod Losses

Interest Due Trust

Total Trustee Fees

)

(124.96

171,082.35

Total Fees

10,912.22

Insurance Premium

Reimbursement Amt

Class II-A Policy - Interest
Class II-A Policy - Principal
Other

Total Reimbursement Amt

Rolling 3-Month Delinquency

0.65

0.00

124.96

LPMI Fees

0.00

0.00
0.00
0.00

0.00

Page 15 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Statement Date:

Cash Reconciliation Summary Group IV Loans - Fixed 1st Lien

Interest Summary

Total Trustee Fees

Available Interest

113,621.45

Fee Summary

Total Servicing Fees

Principal Summary

Scheduled Principal Distribution

Unscheduled:
Curtailments
Prepayments in Full
Liquidation Proceeds
Repurchase Proceeds
Other Principal Proceeds

Unscheduled Principal Distribution

Remittance Principal

Servicer Wire Amount

17,697.48

1,399.05

101,813.31

0.00
0.00
0.00

234,617.98

Pool Balance Summary

Beginning Pool
Scheduled Principal Distribution

Unscheduled Principal
Distribution

Deferred Interest
Liquidations
Repurchases
Ending Pool

Balance/Amount

Count

19,262,802.17

17,697.48

103,212.36

0.00
0.00
0.00

19,141,892.33

133

0
0

132

8,026.17

Trigger Event

120,909.84

Over Collateralization Amt

11,607,954.58

Remittance Interest

113,621.45

0.00

103,212.36

Less Mod Losses

Interest Due Trust

Total Trustee Fees

)

(86.68

113,708.14

Total Fees

8,112.85

Insurance Premium

Reimbursement Amt

Class II-A Policy - Interest
Class II-A Policy - Principal
Other

Total Reimbursement Amt

Rolling 3-Month Delinquency

0.65

0.00

86.68

LPMI Fees

0.00

0.00
0.00
0.00

0.00

Page 16 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Statement Date:

Cash Reconciliation Summary Group IV Loans - Fixed 2nd Lien

Interest Summary

Total Trustee Fees

Available Interest

11,507.82

Fee Summary

Total Servicing Fees

Principal Summary

Scheduled Principal Distribution

Unscheduled:
Curtailments
Prepayments in Full
Liquidation Proceeds
Repurchase Proceeds
Other Principal Proceeds

Unscheduled Principal Distribution

Remittance Principal

Servicer Wire Amount

404.16

1.07

62,838.99

0.00
0.00
0.00

74,756.51

Pool Balance Summary

Beginning Pool
Scheduled Principal Distribution

Unscheduled Principal
Distribution

Deferred Interest
Liquidations
Repurchases
Ending Pool

Balance/Amount

Count

993,204.73

404.16

62,840.06

0.00
0.00
0.00

929,960.51

0
0

413.84

Trigger Event

63,244.22

Over Collateralization Amt

11,607,954.58

Remittance Interest

11,507.82

0.00

62,840.06

Less Mod Losses

Interest Due Trust

Total Trustee Fees

)

(4.47

11,512.29

Total Fees

418.30

Insurance Premium

Reimbursement Amt

Class II-A Policy - Interest
Class II-A Policy - Principal
Other

Total Reimbursement Amt

Rolling 3-Month Delinquency

0.65

0.00

4.47

LPMI Fees

0.00

0.00
0.00
0.00

0.00

Page 17 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Statement Date:

Cash Reconciliation Summary Group IV Loans - ARM 228

Interest Summary

Total Trustee Fees

Available Interest

737,968.10

Fee Summary

Total Servicing Fees

Principal Summary

Scheduled Principal Distribution

Unscheduled:
Curtailments
Prepayments in Full
Liquidation Proceeds
Repurchase Proceeds
Other Principal Proceeds

Unscheduled Principal Distribution

Remittance Principal

Servicer Wire Amount

70,550.76

2,294.74

1,642,243.27

0.00
0.00
0.00

2,453,609.25

Pool Balance Summary

Beginning Pool
Scheduled Principal Distribution

Unscheduled Principal
Distribution

Deferred Interest
Liquidations
Repurchases
Ending Pool

Balance/Amount

Count

122,751,035.15

70,550.76

1,644,538.01

0.00
0.00
0.00

121,035,946.38

611

0
0

604

50,268.30

Trigger Event

1,715,088.77

Over Collateralization Amt

11,607,954.58

Remittance Interest

737,968.10

0.00

1,644,538.01

Less Mod Losses

Interest Due Trust

Total Trustee Fees

)

(552.38

738,520.48

Total Fees

50,820.68

Insurance Premium

Reimbursement Amt

Class II-A Policy - Interest
Class II-A Policy - Principal
Other

Total Reimbursement Amt

Rolling 3-Month Delinquency

0.65

0.00

552.38

LPMI Fees

0.00

0.00
0.00
0.00

0.00

Page 18 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Statement Date:

Cash Reconciliation Summary Group IV Loans - ARM 327

Interest Summary

Total Trustee Fees

Available Interest

93,980.97

Fee Summary

Total Servicing Fees

Principal Summary

Scheduled Principal Distribution

Unscheduled:
Curtailments
Prepayments in Full
Liquidation Proceeds
Repurchase Proceeds
Other Principal Proceeds

Unscheduled Principal Distribution

Remittance Principal

Servicer Wire Amount

7,859.94

314.24

540,895.64

0.00
0.00
0.00

643,131.21

Pool Balance Summary

Beginning Pool
Scheduled Principal Distribution

Unscheduled Principal
Distribution

Deferred Interest
Liquidations
Repurchases
Ending Pool

Balance/Amount

Count

17,873,038.90

7,859.94

541,209.88

0.00
0.00
0.00

17,323,969.08

0
0

6,980.76

Trigger Event

549,069.82

Over Collateralization Amt

11,607,954.58

Remittance Interest

93,980.97

0.00

541,209.88

Less Mod Losses

Interest Due Trust

Total Trustee Fees

)

(80.43

94,061.39

Total Fees

7,061.19

Insurance Premium

Reimbursement Amt

Class II-A Policy - Interest
Class II-A Policy - Principal
Other

Total Reimbursement Amt

Rolling 3-Month Delinquency

0.65

0.00

80.43

LPMI Fees

0.00

0.00
0.00
0.00

0.00

Page 19 of 73

Bear Stearns Asset Backed Securities I Trust

Class

Accrued

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Bond Interest Reconciliation

Deductions

Allocable

Deferred &

Prior

Prepay-

Other

Additions

Interest

Credit Support

Original

Current(4)

Accrual

Int. Short-

falls Due

ment

Interest

Int erest (2)

Payment

Amount

PPIS

Int erest

Certificate

Accretion

Interest

Loss/Exp

Interest

Penalties

Proceeds (1)

Interest

Shortfalls

Certificate

Rate

Pass

Thru

Method Days

Outstanding

Remaining

Statement Date:

Distributable

Current Period

(Shortfall)/

Recovery

Int Accrual

on Prior

Shortfall (3)

5.00
1.00

0.00

I-A-1

317,584.33

0.00

21.08%

22.05%

Act/360

3.190000000%

0.00

I-A-2

134,888.09

0.00

21.08%

22.05%

Act/360

3.280000000%

0.00

I-A-3

33,306.24

0.00

21.08%

22.05%

Act/360

3.420000000%

0.00

II-A-1

52,875.03

0.00

21.08%

22.05%

Act/360

3.300000000%

0.00

II-A-2

13,419.78

0.00

21.08%

22.05%

Act/360

3.350000000%

0.00

III-A-1

279,628.40

0.00

21.08%

22.05%

Act/360

3.300000000%

0.00

III-A-2

70,967.77

0.00

21.08%

22.05%

Act/360

3.350000000%

0.00

IV-A-1

299,373.62

0.00

21.08%

22.05%

Act/360

3.300000000%

0.00

IV-A-2

75,977.40

0.00

21.08%

22.05%

Act/360

3.350000000%

0.00

M-1

137,023.63

0.00

13.43%

14.04%

Act/360

3.520000000%

0.00

M-2

112,285.43

0.00

7.50%

7.85%

Act/360

3.730000000%

0.00

M-3

31,306.39

0.00

5.87%

6.14%

Act/360

3.770000000%

0.00

M-4

31,536.25

0.00

4.44%

4.65%

Act/360

4.340000000%

0.00

M-5

32,262.89

0.00

3.01%

3.15%

Act/360

4.440000000%

0.00

M-6

27,917.01

0.00

1.89%

1.98%

Act/360

4.890000000%

0.00

2,165.36

0.00

M-7

24,703.22

26,868.58

26,868.57

0.00

1.02%

1.07%

Act/360

5.599202767%

0.00

2,547.32

0.00

M-8

29,060.80

31,608.12

0.00

0.00%

Act/360

5.599202767%

0.00

1,166,182.53

0.00

0.000000000%

0.00

250,640.17

0.00

250,640.17

0.00

0.000000000%

0.00

250,640.17

4,712.68

1,704,116.28

1,959,469.13

3,125,651.65

0.00

(2) Accrued - Deductions + Additions Interest

(3) Includes interest accrued on outstanding Interest Shortfalls and/or Loss Allocations. Where applicable.

Page 20 of 73

(1) Other Interest Proceeds are additional interest amounts specifically allocated to the bond(s) and used in determining the bonds Distributable Interest.

(4) Determined as follows: (A) the ending balance of all the classes less (B) the sum of (i) the ending balance of the class and (ii) the ending balance of all classes which are not subordinate to the class divided by (A).

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Bond Principal Reconciliation

Credit Support

Original

Current(4)

Statement Date:

Beginning

Class Balance

Unscheduled

Principal

Payment

Extra

Principal

Payment Amt

Prior

Loss

Reimburs.

Rated

Final

Maturity

Class

Current

Losses

Original

Class Balance

Scheduled

Principal

Payment

Ending

Class Balance

Cumulative

Losses

Interest on

Losses

Additions

Losses

5.00
1.00

I-A-1

21.08%

22.05%

12/26/2028

102,872,987.91

0.00

108,606,779.75

112,663,000.00

114,451.05

0.00

5,619,340.79

I-A-2

21.08%

22.05%

2/27/2034

44,863,000.00

0.00

44,863,000.00

0.00

I-A-3

21.08%

22.05%

4/25/2035

10,624,000.00

0.00

10,624,000.00

0.00

II-A-1

21.08%

22.05%

4/25/2035

17,018,836.56

0.00

17,479,348.04

18,251,000.00

6,990.82

0.00

453,520.66

II-A-2

21.08%

22.05%

4/25/2035

4,254,942.26

0.00

4,370,076.44

4,563,000.00

1,747.80

0.00

113,386.38

III-A-1

21.08%

22.05%

4/25/2035

89,865,551.33

0.00

92,439,139.55

96,106,000.00

66,198.95

0.00

2,507,389.27

III-A-2

21.08%

22.05%

4/25/2035

22,466,855.38

0.00

23,110,265.82

24,027,000.00

16,550.08

0.00

626,860.36

IV-A-1

21.08%

22.05%

4/25/2035

97,007,837.22

0.00

98,966,487.34

101,264,000.00

77,209.87

0.00

1,881,440.25

IV-A-2

21.08%

22.05%

4/25/2035

24,251,959.31

0.00

24,741,621.84

25,316,000.00

19,302.47

0.00

470,360.06

M-1

13.43%

14.04%

4/25/2035

42,466,000.00

0.00

42,466,000.00

0.00

M-2

7.50%

7.85%

4/25/2035

32,840,000.00

0.00

32,840,000.00

0.00

M-3

5.87%

6.14%

4/25/2035

9,059,000.00

0.00

9,059,000.00

0.00

M-4

4.44%

4.65%

4/25/2035

7,927,000.00

0.00

7,927,000.00

0.00

M-5

3.01%

3.15%

4/25/2035

7,927,000.00

0.00

7,927,000.00

0.00

M-6

1.89%

1.98%

4/25/2035

6,228,000.00

0.00

6,228,000.00

0.00

M-7

1.02%

1.07%

4/25/2035

4,813,000.00

0.00

4,813,000.00

0.00

M-8

0.00%

4/25/2035

5,662,000.00

0.00

5,662,000.00

0.00

4/25/2035

11,607,954.58

0.00

11,607,954.58

0.00

4/25/2035

100.00

0.00

100.00

0.00

302,451.04

0.00

11,672,297.77

0.00

566,207,054.58

541,756,024.55

553,730,773.36

Page 21 of 73

(1) Extra Principal Amounts: the lessor of (i) the excess, if any, of the overcollateralization Target Amount over the Overcollateralization Amount.

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Interest Adjustments Summary

Statement Date:

0.00

Special Servicing Fees

Workout Fees

Liquidation Fees

Legal Fees

0.00

Misc. Fees & Expenses Paid by/to Servicer

Interest Paid to Servicer on Outstanding Advances

0.00

ASER Interest Advance Reduction

Interest Not Advanced (Current Period)

Recoup of Prior Advances by Servicer

0.00

Servicing Fees Paid Servicer on Loans Not Advanced

Misc. Fees & Expenses Paid by Trust

0.00

Shortfall Due to Rate Modification

Total Shortfall Allocated to the Bonds

Total Interest Adjustment to the Bonds

0.00

Shortfall Allocated to the Bonds:

Excess Allocated to the Bonds:

Other Interest Proceeds Due the Bonds

Yield Maintenance Penalties Due the Bonds

Prepayment Penalties Due the Bonds

Recovered ASER Interest Due the Bonds

Recovered Interest Due the Bonds

Less Total Shortfall Allocated to the Bonds

Total Excess Allocated to the Bonds

250,640.17

250,640.17

Total Excess Allocated to the Bonds

250,640.17

0.00

Aggregate Interest Adjustment Allocated to the Bonds

0.00

250,640.17

0.00

Prepayment Interest Excess Due the Bonds

0.00

ARD Excess Interest

0.00

Net Prepayment Int. Shortfalls Allocated to the Bonds

Other Interest Loss

Interest Income

0.00

Page 22 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

SWAP Payments

Statement Date:

Net Swap payment payable to the Swap Provider

Net Swap payment payable to the Swap Administrator

Swap Termination payment payable to the Swap Administrator

Swap Termination payment payable to the Swap Provider

0.00

329,320.06

0.00

Page 23 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Rating Information

Class

CUSIP

Fitch

Moody's

S&P

Fitch

Moody's

S&P

Original Ratings

Rating Change/Change Date(1)

Statement Date:

I-A-1

073879TJ7

Aaa

AAA

I-A-2

073879TK4

Aaa

AAA

I-A-3

073879TL2

Aaa

AAA

II-A-1

073879TM0

Aaa

AAA

II-A-2

073879TN8

Aaa

AAA

III-A-1

073879TP3

Aaa

AAA

III-A-2

073879TQ1

Aaa

AAA

IV-A-1

073879TR9

Aaa

AAA

IV-A-2

073879TS7

Aaa

AAA

M-1

073879TT5

Aa2

M-2

073879TU2

M-3

073879TV0

A-

M-4

073879TW8

Baa1

BBB+

M-5

073879TX6

Baa2

BBB

M-6

073879TY4

Baa3

BBB-

M-7

073879TZ1

Ba1

BB+

M-8

073879UA4

Ba2

073879UB2

073879UC0

Page 24 of 73

NR - Designates that the class was not rated by the rating agency.

(1)

Changed ratings provided on this report are based on information provided by the applicable rating agency via electronic transmission. It shall be understood that this transmission will generally have been provided to

LaSalle within 30 days of the payment date listed on this statement. Because ratings may have changed during the 30 day window, or may not be being provided by the rating agency in an electronic format and therefore not
being updated on this report, LaSalle recommends that investors obtain current rating information directly from the rating agency.

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I

Distribution

Date

REO

Balance

Statement Date:

Foreclosure

Delinq 3+ Months

Delinq 2 Months

Delinq 1 Month

Current

Balance

Delinquency Aging Categories

2.18%

2.46%

1.16%

1.03%

0.00%

27-Jun-05

13,352,286

5,585,158

3,241

522,818,481

96.66%

96.50%

1.88%

1.81%

0.00%

25-May-05

10,033,914

3,345

543,696,759

98.12%

98.19%

Page 25 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I

Distribution

Date

REO

Balance

Statement Date:

Foreclosure

Delinq 3+ Months

Delinq 2 Months

Delinq 1 Month

Current

Balance

Delinquency Aging Categories

Group I Loans - Fixed 1st Lien

1.90%

3.92%

0.95%

0.76%

0.00%

27-Jun-05

564,875

110,042

102

13,724,959

97.14%

95.31%

0.94%

0.76%

0.00%

25-May-05

110,135

105

14,431,012

99.06%

99.24%

Page 26 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I

Distribution

Date

REO

Balance

Statement Date:

Foreclosure

Delinq 3+ Months

Delinq 2 Months

Delinq 1 Month

Current

Balance

Delinquency Aging Categories

Group I Loans - Fixed 2nd Lien

1.04%

0.44%

2.08%

2.39%

0.00%

27-Jun-05

52,364

286,967

186

11,680,482

96.88%

97.18%

3.03%

3.37%

0.00%

25-May-05

419,522

192

12,042,461

96.97%

96.63%

Page 27 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I

Distribution

Date

REO

Balance

Statement Date:

Foreclosure

Delinq 3+ Months

Delinq 2 Months

Delinq 1 Month

Current

Balance

Delinquency Aging Categories

Group I Loans - ARM 228

2.75%

3.16%

1.31%

1.19%

0.00%

27-Jun-05

4,694,492

1,773,984

803

142,110,563

95.94%

95.65%

2.36%

2.65%

0.00%

25-May-05

4,038,226

828

148,105,273

97.64%

97.35%

Page 28 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I

Distribution

Date

REO

Balance

Statement Date:

Foreclosure

Delinq 3+ Months

Delinq 2 Months

Delinq 1 Month

Current

Balance

Delinquency Aging Categories

Group I Loans - ARM 327

2.04%

1.04%

0.68%

0.31%

0.00%

27-Jun-05

340,487

101,956

143

32,297,616

97.28%

98.65%

0.65%

0.30%

0.00%

25-May-05

102,041

152

34,223,907

99.35%

99.70%

Page 29 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I

Distribution

Date

REO

Balance

Statement Date:

Foreclosure

Delinq 3+ Months

Delinq 2 Months

Delinq 1 Month

Current

Balance

Delinquency Aging Categories

Group II Loans - Fixed 1st Lien

3.23%

1.54%

0.00%

27-Jun-05

55,246

3,543,441

96.77%

98.46%

0.00%

25-May-05

3,602,023

100.00%

Page 30 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I

Distribution

Date

REO

Balance

Statement Date:

Foreclosure

Delinq 3+ Months

Delinq 2 Months

Delinq 1 Month

Current

Balance

Delinquency Aging Categories

Group II Loans - ARM 228

0.00%

27-Jun-05

110

21,557,396

100.00%

0.00%

25-May-05

112

22,127,354

100.00%

Page 31 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I

Distribution

Date

REO

Balance

Statement Date:

Foreclosure

Delinq 3+ Months

Delinq 2 Months

Delinq 1 Month

Current

Balance

Delinquency Aging Categories

Group II Loans - ARM 327

0.00%

27-Jun-05

2,818,244

100.00%

0.00%

25-May-05

2,820,596

100.00%

Page 32 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I

Distribution

Date

REO

Balance

Statement Date:

Foreclosure

Delinq 3+ Months

Delinq 2 Months

Delinq 1 Month

Current

Balance

Delinquency Aging Categories

Group III Loans - Fixed 1st Lien

0.66%

0.62%

0.66%

0.42%

0.00%

27-Jun-05

120,832

80,957

150

19,256,545

98.68%

98.96%

1.29%

1.48%

0.00%

25-May-05

292,276

153

19,478,090

98.71%

98.52%

Page 33 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I

Distribution

Date

REO

Balance

Statement Date:

Foreclosure

Delinq 3+ Months

Delinq 2 Months

Delinq 1 Month

Current

Balance

Delinquency Aging Categories

Group III Loans - Fixed 2nd Lien

2.05%

2.89%

2.56%

3.49%

0.00%

27-Jun-05

247,477

299,300

186

8,018,365

95.38%

93.62%

3.57%

4.39%

0.00%

25-May-05

377,172

189

8,223,071

96.43%

95.61%

Page 34 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I

Distribution

Date

REO

Balance

Statement Date:

Foreclosure

Delinq 3+ Months

Delinq 2 Months

Delinq 1 Month

Current

Balance

Delinquency Aging Categories

Group III Loans - ARM 228

1.75%

1.58%

0.70%

0.82%

0.00%

27-Jun-05

1,460,301

758,453

559

90,326,790

97.56%

97.60%

1.54%

1.77%

0.00%

25-May-05

1,678,272

575

93,009,826

98.46%

98.23%

Page 35 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I

Distribution

Date

REO

Balance

Statement Date:

Foreclosure

Delinq 3+ Months

Delinq 2 Months

Delinq 1 Month

Current

Balance

Delinquency Aging Categories

Group III Loans - ARM 327

1.90%

2.39%

1.27%

1.18%

0.00%

27-Jun-05

645,540

320,407

153

26,076,077

96.84%

96.43%

1.85%

2.02%

0.00%

25-May-05

562,027

159

27,207,309

98.15%

97.98%

Page 36 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I

Distribution

Date

REO

Balance

Statement Date:

Foreclosure

Delinq 3+ Months

Delinq 2 Months

Delinq 1 Month

Current

Balance

Delinquency Aging Categories

Group IV Loans - Fixed 1st Lien

0.76%

1.74%

0.00%

27-Jun-05

332,549

131

18,809,343

99.24%

98.26%

0.75%

0.83%

0.00%

25-May-05

159,465

132

19,103,338

99.25%

99.17%

Page 37 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I

Distribution

Date

REO

Balance

Statement Date:

Foreclosure

Delinq 3+ Months

Delinq 2 Months

Delinq 1 Month

Current

Balance

Delinquency Aging Categories

Group IV Loans - Fixed 2nd Lien

5.56%

3.77%

5.56%

2.68%

0.00%

27-Jun-05

35,055

24,951

869,955

88.89%

93.55%

5.26%

2.51%

0.00%

25-May-05

24,959

968,245

94.74%

97.49%

Page 38 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I

Distribution

Date

REO

Balance

Statement Date:

Foreclosure

Delinq 3+ Months

Delinq 2 Months

Delinq 1 Month

Current

Balance

Delinquency Aging Categories

Group IV Loans - ARM 228

3.15%

3.50%

1.49%

1.51%

0.00%

27-Jun-05

4,239,926

1,828,143

576

114,967,878

95.36%

94.99%

2.13%

1.85%

0.00%

25-May-05

2,269,819

598

120,481,216

97.87%

98.15%

Page 39 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I

Distribution

Date

REO

Balance

Statement Date:

Foreclosure

Delinq 3+ Months

Delinq 2 Months

Delinq 1 Month

Current

Balance

Delinquency Aging Categories

Group IV Loans - ARM 327

3.53%

3.25%

0.00%

27-Jun-05

563,143

16,760,827

96.47%

96.75%

0.00%

25-May-05

17,873,039

100.00%

Page 40 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Distribution

Date

Statement Date:

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance # Balance

# Balance

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance

# Balance

In Foreclosure and Delinquent

In Bankruptcy and Delinquent

In REO and Delinquent

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II

Current

31 - 60 Days

61 - 90 Days

90 + Days

Balance

27-Jun-05

272,916

110,042

0.00%

0.06%

0.05% 0.03%

0.02% 0.00%

0.00%

0.18%

0.13%

694,254

0.00%

25-May-05

307,619

0.00%

0.06%

0.06% 0.00%

0.00% 0.00%

0.00%

0.06%

0.04%

211,924

0.00%

Page 41 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Distribution

Date

Statement Date:

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance # Balance

# Balance

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance

# Balance

In Foreclosure and Delinquent

In Bankruptcy and Delinquent

In REO and Delinquent

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II - Group I Loans - Fixed 1st Lien

Current

31 - 60 Days

61 - 90 Days

90 + Days

Balance

27-Jun-05

110,042

0.00%

0.00% 0.95%

0.76% 0.00%

0.00%

25-May-05

110,135

0.00%

0.94%

0.76% 0.00%

0.00% 0.00%

0.00%

Page 42 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Distribution

Date

Statement Date:

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance # Balance

# Balance

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance

# Balance

In Foreclosure and Delinquent

In Bankruptcy and Delinquent

In REO and Delinquent

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II - Group I Loans - Fixed 2nd Lien

Current

31 - 60 Days

61 - 90 Days

90 + Days

Balance

27-Jun-05

0.00%

0.00% 0.00%

0.00%

0.52%

0.30%

35,896

0.00%

25-May-05

0.00%

0.00% 0.00%

0.00%

0.51%

0.29%

35,913

0.00%

Page 43 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Distribution

Date

Statement Date:

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance # Balance

# Balance

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance

# Balance

In Foreclosure and Delinquent

In Bankruptcy and Delinquent

In REO and Delinquent

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II - Group I Loans - ARM 228

Current

31 - 60 Days

61 - 90 Days

90 + Days

Balance

27-Jun-05

272,916

0.00%

0.24%

0.18% 0.00%

0.00% 0.00%

0.00%

0.12%

0.11%

167,628

0.00%

25-May-05

197,485

0.00%

0.12%

0.13% 0.00%

0.00% 0.00%

0.00%

Page 44 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Distribution

Date

Statement Date:

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance # Balance

# Balance

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance

# Balance

In Foreclosure and Delinquent

In Bankruptcy and Delinquent

In REO and Delinquent

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II - Group I Loans - ARM 327

Current

31 - 60 Days

61 - 90 Days

90 + Days

Balance

27-Jun-05

0.00%

0.00% 0.00%

0.00%

25-May-05

0.00%

0.00% 0.00%

0.00%

Page 45 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Distribution

Date

Statement Date:

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance # Balance

# Balance

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance

# Balance

In Foreclosure and Delinquent

In Bankruptcy and Delinquent

In REO and Delinquent

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II - Group II Loans - Fixed 1st Lien

Current

31 - 60 Days

61 - 90 Days

90 + Days

Balance

27-Jun-05

0.00%

0.00% 0.00%

0.00%

25-May-05

0.00%

0.00% 0.00%

0.00%

Page 46 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Distribution

Date

Statement Date:

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance # Balance

# Balance

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance

# Balance

In Foreclosure and Delinquent

In Bankruptcy and Delinquent

In REO and Delinquent

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II - Group II Loans - ARM 228

Current

31 - 60 Days

61 - 90 Days

90 + Days

Balance

27-Jun-05

0.00%

0.00% 0.00%

0.00%

0.91%

1.20%

258,320

0.00%

25-May-05

0.00%

0.00% 0.00%

0.00%

Page 47 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Distribution

Date

Statement Date:

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance # Balance

# Balance

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance

# Balance

In Foreclosure and Delinquent

In Bankruptcy and Delinquent

In REO and Delinquent

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II - Group II Loans - ARM 327

Current

31 - 60 Days

61 - 90 Days

90 + Days

Balance

27-Jun-05

0.00%

0.00% 0.00%

0.00%

25-May-05

0.00%

0.00% 0.00%

0.00%

Page 48 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Distribution

Date

Statement Date:

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance # Balance

# Balance

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance

# Balance

In Foreclosure and Delinquent

In Bankruptcy and Delinquent

In REO and Delinquent

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II - Group III Loans - Fixed 1st Lien

Current

31 - 60 Days

61 - 90 Days

90 + Days

Balance

27-Jun-05

0.00%

0.00% 0.00%

0.00%

0.66%

0.90%

175,931

0.00%

25-May-05

0.00%

0.00% 0.00%

0.00%

0.65%

0.89%

176,012

0.00%

Page 49 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Distribution

Date

Statement Date:

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance # Balance

# Balance

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance

# Balance

In Foreclosure and Delinquent

In Bankruptcy and Delinquent

In REO and Delinquent

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II - Group III Loans - Fixed 2nd Lien

Current

31 - 60 Days

61 - 90 Days

90 + Days

Balance

27-Jun-05

0.00%

0.00% 0.00%

0.00%

1.03%

0.66%

56,479

0.00%

25-May-05

0.00%

0.00% 0.00%

0.00%

Page 50 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Distribution

Date

Statement Date:

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance # Balance

# Balance

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance

# Balance

In Foreclosure and Delinquent

In Bankruptcy and Delinquent

In REO and Delinquent

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II - Group III Loans - ARM 228

Current

31 - 60 Days

61 - 90 Days

90 + Days

Balance

27-Jun-05

0.00%

0.00% 0.00%

0.00%

25-May-05

0.00%

0.00% 0.00%

0.00%

Page 51 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Distribution

Date

Statement Date:

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance # Balance

# Balance

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance

# Balance

In Foreclosure and Delinquent

In Bankruptcy and Delinquent

In REO and Delinquent

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II - Group III Loans - ARM 327

Current

31 - 60 Days

61 - 90 Days

90 + Days

Balance

27-Jun-05

0.00%

0.00% 0.00%

0.00%

25-May-05

0.00%

0.00% 0.00%

0.00%

Page 52 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Distribution

Date

Statement Date:

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance # Balance

# Balance

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance

# Balance

In Foreclosure and Delinquent

In Bankruptcy and Delinquent

In REO and Delinquent

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II - Group IV Loans - Fixed 1st Lien

Current

31 - 60 Days

61 - 90 Days

90 + Days

Balance

27-Jun-05

0.00%

0.00% 0.00%

0.00%

25-May-05

0.00%

0.00% 0.00%

0.00%

Page 53 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Distribution

Date

Statement Date:

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance # Balance

# Balance

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance

# Balance

In Foreclosure and Delinquent

In Bankruptcy and Delinquent

In REO and Delinquent

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II - Group IV Loans - Fixed 2nd Lien

Current

31 - 60 Days

61 - 90 Days

90 + Days

Balance

27-Jun-05

0.00%

0.00% 0.00%

0.00%

25-May-05

0.00%

0.00% 0.00%

0.00%

Page 54 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Distribution

Date

Statement Date:

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance # Balance

# Balance

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance

# Balance

In Foreclosure and Delinquent

In Bankruptcy and Delinquent

In REO and Delinquent

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II - Group IV Loans - ARM 228

Current

31 - 60 Days

61 - 90 Days

90 + Days

Balance

27-Jun-05

0.00%

0.00% 0.00%

0.00%

25-May-05

0.00%

0.00% 0.00%

0.00%

Page 55 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Distribution

Date

Statement Date:

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance # Balance

# Balance

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance

# Balance

In Foreclosure and Delinquent

In Bankruptcy and Delinquent

In REO and Delinquent

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II - Group IV Loans - ARM 327

Current

31 - 60 Days

61 - 90 Days

90 + Days

Balance

27-Jun-05

0.00%

0.00% 0.00%

0.00%

25-May-05

0.00%

0.00% 0.00%

0.00%

Page 56 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary

Distribution

Date

Ending Pool (1)

Payoffs(2)

Realized Losses (2)

Remaining Term

Curr Weighted Avg.

# Balance

# Amount

Life

Coupon Remit

Statement Date:

Ending Arrearage (1)

Balance

Insurance

Substitution

Liquidation

Proceeds

27-Jun-05

3,353

96.80%

541,755,925

95.68%

1.64%

2.11%

0.00%

352

7.45%

6.94%

11,659,621

0.00

25-May-05

3,409

98.41%

553,730,673

97.80%

1.59%

2.14%

0.00%

353

7.46%

6.95%

12,135,746

0.00

(1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period.

Page 57 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary

Distribution

Date

Ending Pool (1)

Payoffs(2)

Realized Losses (2)

Remaining Term

Curr Weighted Avg.

# Balance

# Amount

Life

Coupon Remit

Statement Date:

Ending Arrearage (1)

Balance

Insurance

Substitution

Liquidation

Proceeds

Group I Loans - Fixed 1st Lien

27-Jun-05

105

3.03%

14,399,876

2.54%

0.94%

0.86%

0.00%

327

7.20%

6.70%

125,572

0.00

25-May-05

106

3.06%

14,541,147

2.57%

0.93%

2.86%

0.00%

328

7.18%

6.68%

428,000

0.00

(1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period.

Page 58 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary

Distribution

Date

Ending Pool (1)

Payoffs(2)

Realized Losses (2)

Remaining Term

Curr Weighted Avg.

# Balance

# Amount

Life

Coupon Remit

Statement Date:

Ending Arrearage (1)

Balance

Insurance

Substitution

Liquidation

Proceeds

Group I Loans - Fixed 2nd Lien

27-Jun-05

192

5.54%

12,019,813

2.12%

3.03%

3.52%

0.00%

324

10.19%

9.69%

438,087

0.00

25-May-05

198

5.72%

12,461,984

2.20%

0.50%

0.51%

0.00%

325

10.19%

9.69%

63,664

0.00

(1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period.

Page 59 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary

Distribution

Date

Ending Pool (1)

Payoffs(2)

Realized Losses (2)

Remaining Term

Curr Weighted Avg.

# Balance

# Amount

Life

Coupon Remit

Statement Date:

Ending Arrearage (1)

Balance

Insurance

Substitution

Liquidation

Proceeds

Group I Loans - ARM 228

27-Jun-05

837

24.16%

148,579,039

26.24%

1.30%

2.29%

0.00%

354

7.50%

6.99%

3,486,496

0.00

25-May-05

848

24.48%

152,143,499

26.87%

1.40%

1.92%

0.00%

355

7.50%

7.00%

2,980,134

0.00

(1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period.

Page 60 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary

Distribution

Date

Ending Pool (1)

Payoffs(2)

Realized Losses (2)

Remaining Term

Curr Weighted Avg.

# Balance

# Amount

Life

Coupon Remit

Statement Date:

Ending Arrearage (1)

Balance

Insurance

Substitution

Liquidation

Proceeds

Group I Loans - ARM 327

27-Jun-05

147

4.24%

32,740,058

5.78%

3.92%

4.58%

0.00%

354

7.43%

6.92%

1,571,832

0.00

25-May-05

153

4.42%

34,325,948

6.06%

0.65%

1.29%

0.00%

355

7.44%

6.93%

449,079

0.00

(1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period.

Page 61 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary

Distribution

Date

Ending Pool (1)

Payoffs(2)

Realized Losses (2)

Remaining Term

Curr Weighted Avg.

# Balance

# Amount

Life

Coupon Remit

Statement Date:

Ending Arrearage (1)

Balance

Insurance

Substitution

Liquidation

Proceeds

Group II Loans - Fixed 1st Lien

27-Jun-05

0.89%

3,598,687

0.64%

0.00%

338

7.97%

7.46%

0.00

25-May-05

0.89%

3,602,023

0.64%

0.00%

339

7.97%

7.46%

0.00

(1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period.

Page 62 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary

Distribution

Date

Ending Pool (1)

Payoffs(2)

Realized Losses (2)

Remaining Term

Curr Weighted Avg.

# Balance

# Amount

Life

Coupon Remit

Statement Date:

Ending Arrearage (1)

Balance

Insurance

Substitution

Liquidation

Proceeds

Group II Loans - ARM 228

27-Jun-05

110

3.18%

21,557,396

3.81%

1.79%

2.55%

0.00%

355

7.22%

6.72%

564,232

0.00

25-May-05

112

3.23%

22,127,354

3.91%

2.61%

4.14%

0.00%

356

7.22%

6.71%

954,686

0.00

(1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period.

Page 63 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary

Distribution

Date

Ending Pool (1)

Payoffs(2)

Realized Losses (2)

Remaining Term

Curr Weighted Avg.

# Balance

# Amount

Life

Coupon Remit

Statement Date:

Ending Arrearage (1)

Balance

Insurance

Substitution

Liquidation

Proceeds

Group II Loans - ARM 327

27-Jun-05

0.40%

2,818,244

0.50%

0.00%

355

7.50%

7.00%

0.00

25-May-05

0.40%

2,820,596

0.50%

0.00%

356

7.50%

7.00%

0.00

(1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period.

Page 64 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary

Distribution

Date

Ending Pool (1)

Payoffs(2)

Realized Losses (2)

Remaining Term

Curr Weighted Avg.

# Balance

# Amount

Life

Coupon Remit

Statement Date:

Ending Arrearage (1)

Balance

Insurance

Substitution

Liquidation

Proceeds

Group III Loans - Fixed 1st Lien

27-Jun-05

152

4.39%

19,458,334

3.44%

1.94%

1.50%

0.00%

338

7.46%

6.96%

296,805

0.00

25-May-05

155

4.47%

19,770,366

3.49%

1.27%

1.92%

0.00%

340

7.45%

6.94%

388,057

0.00

(1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period.

Page 65 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary

Distribution

Date

Ending Pool (1)

Payoffs(2)

Realized Losses (2)

Remaining Term

Curr Weighted Avg.

# Balance

# Amount

Life

Coupon Remit

Statement Date:

Ending Arrearage (1)

Balance

Insurance

Substitution

Liquidation

Proceeds

Group III Loans - Fixed 2nd Lien

27-Jun-05

195

5.63%

8,565,142

1.51%

0.51%

0.35%

0.00%

335

10.68%

10.18%

29,959

0.00

25-May-05

196

5.66%

8,600,242

1.52%

1.51%

1.55%

0.00%

336

10.68%

10.17%

135,666

0.00

(1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period.

Page 66 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary

Distribution

Date

Ending Pool (1)

Payoffs(2)

Realized Losses (2)

Remaining Term

Curr Weighted Avg.

# Balance

# Amount

Life

Coupon Remit

Statement Date:

Ending Arrearage (1)

Balance

Insurance

Substitution

Liquidation

Proceeds

Group III Loans - ARM 228

27-Jun-05

573

16.54%

92,545,543

16.34%

1.88%

2.21%

0.00%

354

7.30%

6.79%

2,088,796

0.00

25-May-05

584

16.86%

94,688,098

16.72%

2.34%

3.03%

0.00%

355

7.31%

6.80%

2,964,844

0.00

(1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period.

Page 67 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary

Distribution

Date

Ending Pool (1)

Payoffs(2)

Realized Losses (2)

Remaining Term

Curr Weighted Avg.

# Balance

# Amount

Life

Coupon Remit

Statement Date:

Ending Arrearage (1)

Balance

Insurance

Substitution

Liquidation

Proceeds

Group III Loans - ARM 327

27-Jun-05

158

4.56%

27,042,024

4.78%

2.47%

2.56%

0.00%

354

7.17%

6.66%

710,052

0.00

25-May-05

162

4.68%

27,769,335

4.90%

2.41%

3.48%

0.00%

355

7.19%

6.69%

1,002,131

0.00

(1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period.

Page 68 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary

Distribution

Date

Ending Pool (1)

Payoffs(2)

Realized Losses (2)

Remaining Term

Curr Weighted Avg.

# Balance

# Amount

Life

Coupon Remit

Statement Date:

Ending Arrearage (1)

Balance

Insurance

Substitution

Liquidation

Proceeds

Group IV Loans - Fixed 1st Lien

27-Jun-05

132

3.81%

19,141,892

3.38%

0.75%

0.53%

0.00%

340

7.37%

6.86%

101,813

0.00

25-May-05

133

3.84%

19,262,802

3.40%

0.75%

0.88%

0.00%

341

7.37%

6.87%

170,513

0.00

(1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period.

Page 69 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary

Distribution

Date

Ending Pool (1)

Payoffs(2)

Realized Losses (2)

Remaining Term

Curr Weighted Avg.

# Balance

# Amount

Life

Coupon Remit

Statement Date:

Ending Arrearage (1)

Balance

Insurance

Substitution

Liquidation

Proceeds

Group IV Loans - Fixed 2nd Lien

27-Jun-05

0.52%

929,961

0.16%

5.26%

6.33%

0.00%

349

10.84%

10.34%

62,839

0.00

25-May-05

0.55%

993,205

0.18%

0.00%

350

10.84%

10.34%

0.00

(1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period.

Page 70 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary

Distribution

Date

Ending Pool (1)

Payoffs(2)

Realized Losses (2)

Remaining Term

Curr Weighted Avg.

# Balance

# Amount

Life

Coupon Remit

Statement Date:

Ending Arrearage (1)

Balance

Insurance

Substitution

Liquidation

Proceeds

Group IV Loans - ARM 228

27-Jun-05

604

17.44%

121,035,946

21.38%

1.15%

1.34%

0.00%

355

7.20%

6.70%

1,642,243

0.00

25-May-05

611

17.64%

122,751,035

21.68%

1.77%

1.80%

0.00%

356

7.22%

6.71%

2,246,428

0.00

(1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period.

Page 71 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary

Distribution

Date

Ending Pool (1)

Payoffs(2)

Realized Losses (2)

Remaining Term

Curr Weighted Avg.

# Balance

# Amount

Life

Coupon Remit

Statement Date:

Ending Arrearage (1)

Balance

Insurance

Substitution

Liquidation

Proceeds

Group IV Loans - ARM 327

27-Jun-05

2.45%

17,323,969

3.06%

2.30%

3.03%

0.00%

354

6.82%

6.31%

540,896

0.00

25-May-05

2.51%

17,873,039

3.16%

2.25%

1.93%

0.00%

355

6.82%

6.31%

352,546

0.00

(1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period.

Page 72 of 73

Bear Stearns Asset Backed Securities I Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Jun-05
27-Jun-05

25-May-05

25-Jul-05

24-Jun-05

Asset-Backed Certificates

Series 2005-HE4

ABN AMRO Acct: 722547.2

Realized Loss Detail

Period

Disclosure

Control #

Appraisal

Date

Appraisal

Value

Beginning
Scheduled

Balance

Gross

Proceeds

Gross Proceeds

as a % of

Sched. Balance

Aggregate

Liquidation
Expenses *

Net

Liquidation

Proceeds

Net Proceeds

as a % of

Sched. Balance

Realized

Loss

Statement Date:

Current Total
Cumulative

Page 73 of 73

* Aggregate liquidation expenses also include outstanding P&I advances and unpaid servicing fees, unpaid trustee fees, etc..

BEAR STEARNS ASSET BACKED SECURITIES I TRUST 2005-HE4 8-K