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

FORM 8-K

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

Date of Report (Date of earliest event reported) ~~August~~December 2527, 2005

STRUCTURED ASSET SECURITIES CORPORATION (as Depositor under the Trust Agreement dated as of March 1, 2005, providing for the issuance of Structured Asset Securities Corporation Mortgage Pass-Through Certificates, Series 2005-7XS)
(Exact name of registrant as specified in its charter)

Delaware
(State or other jurisdiction
of incorporation)

333-120575
(Commission
File Number)

74-2440850
(IRS Employer
Identification No.)

745 Seventh Avenue, 7th Floor, New York, NY
(Address of principal executive offices)

10019
(Zip Code)

Registrant's telephone number, including area code 212-526-7000

(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 Sturctured Asset Securities Corporation, Mortgage Pass-Through Certificates, Series 2005-7XS, which was made on ~~August~~December 2527, 2005.

Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits.

(Exhibit No. Description) 99.1 Monthly distribution report pursuant to Section 4.03 of the Trust Agreement for the distribution on ~~August~~December 2527, 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 TRUST AGREEMENT ON BEHALF OF STRUCTURED ASSET SECURITIES CORPORATION, REGISTRANT

By: /s/ Russell Goldenberg Russell Goldenberg Group Senior Vice President Date: ~~August~~January 303, ~~2005~~2006

Structured Asset Securities Corporation Mortgage Pass-Through Certificates Series 2005-7XS ABN AMRO Acct: 722499.2 Reporting Package Table of Contents Payment Date:Prior Payment:Next Payment:Record Date: 25-Aug-0525-Aug-05 25-Jul-05 26-Sep-05 24-Aug-05 Administrator:Leigh Gordon 312.904.4839leigh.gordon@abnamro.com Analyst:William Wong 714.259.6243 william.wong@abnamro.com Statement Date: 135 S. LaSalle Street, Suite 1625Chicago, IL 60603USA Statements to CertificateholdersCash Reconciliation SummaryShortfall Summary ReportBond Interest Reconciliation Bond Principal Reconciliation Other Related InformationAsset-Backed Facts ~ 15 Month Loan Status Summary Part I Asset-Backed Facts ~ 15 Month Loan Status Summary Part IIAsset-Backed Facts ~ 15 Month Loan Payoff/Loss SummaryRealized Loss Detail Page 2-3Page 4-6Page 7Page 8 Page 9 Page 10Page 11-13 Page 14-16Page 17-19 Page 20-22 Substitution Detail History Page 23 Page(s) Information is available for this issue from the following sources Issue Id: Monthly Data FileName: SASC57XS SASC57XS_200508_3.ZIP Closing Date: First Payment Date: Rated Final Payment: Date: 31-Mar-0525-Apr-05 25-Apr-35 Parties to The Transaction Depositor: Structured Asset Securities Corporation Underwriter: Lehman Brothers Inc. Master Servicer: Aurora Loan Services LLC 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.alservices.com www.etrustee.net Page 1 of 23 23-Aug-2005 - 09:14 (U968-U985, W716) (c) 2005 LaSalle Bank N.A. Class CUSIP Original Opening Principal Principal Negative Closing Interest Interest Pass-Through Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Next Rate(3) WAC:WAMM:Current Index:Next Index: Payment Date:Prior Payment:Next Payment:Record Date: 6.518346% 3.460000%3.641250% 25-Aug-0525-Aug-05 25-Jul-05 26-Sep-05 24-Aug-05 Structured Asset Securities Corporation Mortgage Pass-Through Certificates Series 2005-7XS Face Value (1) Balance Payment Adj. or Loss Amortization Balance Payment (2) Adjustment Rate 345 Bond Payments Statement Date: ABN AMRO Acct: 722499.2 842.058037354 48.943492909 0.000000000 793.114544444 2.595877837 3.7612500000% 0.00 0.00 0.000000000 3.5800000000% 0.000000000 86359B7F2 1-A1A 79,189,000.00 3,875,786.26 0.00 62,805,947.66 205,564.97 66,681,733.92 842.058037467 48.943493067 0.000000000 793.114544400 2.588626800 3.7512500000% 0.00 0.00 0.000000000 3.5700000000% 0.000000000 86359B7P0 1-A1B 75,000,000.00 3,670,761.98 0.00 59,483,590.83 194,147.01 63,154,352.81 842.058037093 48.943493734 0.000000000 793.114543358 2.595877694 3.7612500000% 0.00 0.00 0.000000000 3.5800000000% 0.000000000 86359B7Q8 1-A1C 9,975,000.00 488,211.35 0.00 7,911,317.57 25,893.88 8,399,528.92 1000.000000000 0.000000000 0.000000000 1000.000000000 4.158333333 4.9900000000% 0.00 0.00 0.000000000 4.9900000000% 0.000000000 86359B7G0 1-A2A 15,000,000.00 0.00 0.00 15,000,000.00 62,375.00 15,000,000.00 1000.000000000 0.000000000 0.000000000 1000.000000000 4.391666842 5.2700000000% 0.00 0.00 0.000000000 5.2700000000% 0.000000000 86359B7R6 1-A2B 28,461,000.00 0.00 0.00 28,461,000.00 124,991.23 28,461,000.00 1000.000000000 0.000000000 0.000000000 1000.000000000 4.616666610 5.5400000000% 0.00 0.00 0.000000000 5.5400000000% 0.000000000 86359B7H8 1-A3 58,589,000.00 0.00 0.00 58,589,000.00 270,485.88 58,589,000.00 1000.000000000 0.000000000 0.000000000 1000.000000000 4.508333333 5.4100000000% 0.00 0.00 0.000000000 5.4100000000% 0.000000000 86359B7J4 1-A4A 15,000,000.00 0.00 0.00 15,000,000.00 67,625.00 15,000,000.00 1000.000000000 0.000000000 0.000000000 1000.000000000 4.533333562 5.4400000000% 0.00 0.00 0.000000000 5.4400000000% 0.000000000 86359B7S4 1-A4B 14,579,000.00 0.00 0.00 14,579,000.00 66,091.47 14,579,000.00 933.178958618 18.486414972 0.000000000 914.692543646 3.810480737 4.9000000000% 0.00 0.00 0.000000000 4.9000000000% 0.000000000 86359B7K1 2-A1A 163,187,000.00 3,016,742.60 0.00 149,265,932.12 621,820.92 152,282,674.72 933.178958974 18.486415132 0.000000000 914.692543842 3.810480566 4.9000000000% 0.00 0.00 0.000000000 4.9000000000% 0.000000000 86359B7T2 2-A1B 25,033,000.00 462,770.43 0.00 22,897,498.45 95,387.76 23,360,268.88 1000.000000000 0.000000000 0.000000000 1000.000000000 3.366944422 4.0912500000% 0.00 0.00 0.000000000 3.9100000000% 0.000000000 86359B7L9 M1 12,397,000.00 0.00 0.00 12,397,000.00 41,740.01 12,397,000.00 1000.000000000 0.000000000 0.000000000 1000.000000000 3.539166582 4.2912500000% 0.00 0.00 0.000000000 4.1100000000% 0.000000000 86359B7M7 M2 9,815,000.00 0.00 0.00 9,815,000.00 34,736.92 9,815,000.00 1000.000000000 0.000000000 0.000000000 1000.000000000 4.701666828 5.6412500000% 0.00 0.00 0.000000000 5.4600000000% 0.000000000 86359B7N5 M3 10,331,000.00 0.00 0.00 10,331,000.00 48,572.92 10,331,000.00 1000.000000000 0.000000000 0.000000000 1000.000000000 142840.900000000 N/A 0.00 14,284.09 142840.900000000 0.0000000000% 0.000000000 9ABSU981 P 100.00 0.00 0.00 100.00 14,284.09 100.00 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 N/A 0.00 0.00 0.000000000 0.0000000000% 0.000000000 9ABSU982 CX 0.00 0.00 0.00 0.00 0.00 0.00 925.455700661 0.000000000 0.000000000 903.165277586 1.239988408 0.00 ) (0.01 ) (0.000000019 1.6078415299% 0.000000000 N 9ABSU983 X 516,556,933.95 0.00 0.00 466,536,286.64 640,524.61 478,050,559.24 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 N/A 0.00 0.00 0.000000000 0.0000000000% 0.000000000 9ABSU984 R 0.00 0.00 0.00 0.00 0.00 0.00 23-Aug-2005 - 09:14 (U968-U985, W716) (c) 2005 LaSalle Bank N.A. Page 2 of 23 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 Principal Negative Closing Interest Interest Pass-Through Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Next Rate(3) WAC:WAMM:Current Index:Next Index: Payment Date:Prior Payment:Next Payment:Record Date: 6.518346% 3.460000%3.641250% 25-Aug-0525-Aug-05 25-Jul-05 26-Sep-05 24-Aug-05 Structured Asset Securities Corporation Mortgage Pass-Through Certificates Series 2005-7XS Face Value (1) Balance Payment Adj. or Loss Amortization Balance Payment (2) Adjustment Rate 345 Bond Payments Statement Date: ABN AMRO Acct: 722499.2 Total P&I Payment 0.00 14,284.08 516,556,100.00 478,050,659.25 14,028,514.29 Total 466,536,386.63 11,514,272.62 0.00 2,514,241.67 23-Aug-2005 - 09:14 (U968-U985, W716) (c) 2005 LaSalle Bank N.A. Page 3 of 23 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 Structured Asset Securities Corporation Payment Date:Prior Payment:Next Payment:Record Date: 25-Aug-0525-Aug-05 25-Jul-05 26-Sep-05 24-Aug-05 Mortgage Pass-Through Certificates Series 2005-7XS ABN AMRO Acct: 722499.2 Statement Date: Cash Reconciliation Summary Overcollateralization Deficiency Overcollateralization Amount Current Scheduled Interest Interest Summary Less Deferred Interest Plus Gross Advance Interest Less PPIS Reducing Scheduled Int 2,508,200.50 0.000.00 Less Other Adjustment 0.00 Total 2,602,817.34 Unscheduled Interest: Prepayment Penalties 14,284.09 Yield Maintenance Penalties 0.00 Other Interest Proceeds 0.00 Total 14,284.09 Less Fees & Expenses Paid By/To Servicer Less Fee Paid To Servicer Less Fee Strips Paid by Servicer PMI AmountsInterest Due Serv on AdvancesRecoup of Prior AdvancesMisc. Fees & Expenses Total Unscheduled Fees &Expenses Total Interest Due Trust Less Fees & Expenses Paid By/To TrustTrustee FeeCredit Risk Manager's Fees Misc. Fees Total Total Interest Due Certs Principal Summary Scheduled Principal:Current Scheduled PrincipalAdvanced Scheduled PrincipalScheduled PrincipalUnscheduled Principal:CurtailmentsPrepayments in FullLiquidation ProceedsRepurchase ProceedsOther Principal ProceedsTotal Unscheduled Principal Remittance Principal Remittance P&I Due Trust Remittance P&I Due Certs Pool Balance Summary Beginning PoolScheduled PrincipalUnscheduled PrincipalDeferred InterestLiquidationsRepurchases Ending Pool Balance Count Principal Interest Prior OutstandingPlus Current PeriodLess Recovered Ending Outstanding Servicing Fee Summary Current Servicing FeesPlus Fees Advanced for PPISLess Reduction for PPISPlus Delinquent Servicing Fees Total Servicing Fees Overcollateralization Summary PPIS Summary Gross PPISReduced by PPIEReduced by Shortfalls in FeesReduced by Other Amounts PPIS Reducing ScheduledInterest PPIS Reducing Servicing FeePPIS Due Certificate 0.00 0.000.00 0.00 0.00 2,519,409.37 0.000.000.00 0.00 276,725.17 14,644.27 291,369.44 50,161.94 11,172,741.22 0.000.000.00 11,222,903.1611,514,272.60 14,033,681.97 14,033,681.97 479,858,508.24 2,357 291,369.44 11,222,903.16 45 0.000.00 0 0.00 0 468,344,235.64 2,312 25,944.20 131,017.10 14,644.27 94,616.84 27,188.03 171,061.91 97,692.06 0.000.00 3,752.37 101,444.43 0.000.000.000.000.000.00 0.00 Advance Summary (Advance Made by Servicer) ) (97,692.06 2,519,409.37 Interest Not Advanced ( Current Period ) 0.00 94,616.84 Less Non Recovered ) (54,572.04 ) (13,400.44 0.00 0.00 1,807,949.00 0.00 Other Principal Information Principal Remittance AmountOvercollateralization Release Amount 0.00 0.00 0.00 Principal Distribution Amount 0.00 0 Page 4 of 23 23-Aug-2005 - 09:14 (U968-U985, W716) (c) 2005 LaSalle Bank N.A. Structured Asset Securities Corporation Payment Date:Prior Payment:Next Payment:Record Date: 25-Aug-0525-Aug-05 25-Jul-05 26-Sep-05 24-Aug-05 Mortgage Pass-Through Certificates Series 2005-7XS ABN AMRO Acct: 722499.2 Statement Date: Cash Reconciliation Summary Pool 1 Overcollateralization Deficiency Overcollateralization Amount Current Scheduled Interest Interest Summary Less Deferred Interest Plus Gross Advance Interest Less PPIS Reducing Scheduled Int 1,533,217.56 0.000.00 Less Other Adjustment 0.00 Total 1,607,478.77 Unscheduled Interest: Prepayment Penalties 8,668.09 Yield Maintenance Penalties 0.00 Other Interest Proceeds 0.00 Total 8,668.09 Less Fees & Expenses Paid By/To Servicer Less Fee Paid To Servicer Less Fee Strips Paid by Servicer PMI AmountsInterest Due Serv on AdvancesRecoup of Prior AdvancesMisc. Fees & Expenses Total Unscheduled Fees &Expenses Total Interest Due Trust Less Fees & Expenses Paid By/To TrustTrustee FeeCredit Risk Manager's Fees Misc. Fees Total Total Interest Due Certs Principal Summary Scheduled Principal:Current Scheduled PrincipalAdvanced Scheduled PrincipalScheduled PrincipalUnscheduled Principal:CurtailmentsPrepayments in FullLiquidation ProceedsRepurchase ProceedsOther Principal ProceedsTotal Unscheduled Principal Remittance Principal Remittance P&I Due Trust Remittance P&I Due Certs Pool Balance Summary Beginning PoolScheduled PrincipalUnscheduled PrincipalDeferred InterestLiquidationsRepurchases Ending Pool Balance Count Principal Interest Prior OutstandingPlus Current PeriodLess Recovered Ending Outstanding Servicing Fee Summary Current Servicing FeesPlus Fees Advanced for PPISLess Reduction for PPISPlus Delinquent Servicing Fees Total Servicing Fees Overcollateralization Summary PPIS Summary Gross PPISReduced by PPIEReduced by Shortfalls in FeesReduced by Other Amounts PPIS Reducing ScheduledInterest PPIS Reducing Servicing FeePPIS Due Certificate 0.00 0.000.00 0.00 0.00 1,557,117.40 0.000.000.00 0.00 249,156.01 13,838.92 262,994.93 37,839.87 7,733,924.78 0.000.000.00 7,771,764.658,034,759.58 9,591,876.98 9,591,876.98 290,852,634.07 1,426 262,994.93 7,771,764.65 32 0.000.00 0 0.00 0 282,817,874.49 1,394 25,277.96 119,220.14 13,838.92 74,261.21 25,936.77 144,982.65 59,029.46 0.000.00 2,949.62 61,979.08 0.000.000.000.000.000.00 0.00 Advance Summary (Advance Made by Servicer) ) (59,029.46 1,557,117.40 Interest Not Advanced ( Current Period ) 0.00 74,261.21 Less Non Recovered ) (48,498.70 ) (13,180.11 0.00 0.00 0.00 0.00 Other Principal Information Principal Remittance AmountOvercollateralization Release Amount 8,034,759.58 0.00 8,034,759.58 Principal Distribution Amount 0.00 0 Page 5 of 23 23-Aug-2005 - 09:14 (U968-U985, W716) (c) 2005 LaSalle Bank N.A. Structured Asset Securities Corporation Payment Date:Prior Payment:Next Payment:Record Date: 25-Aug-0525-Aug-05 25-Jul-05 26-Sep-05 24-Aug-05 Mortgage Pass-Through Certificates Series 2005-7XS ABN AMRO Acct: 722499.2 Statement Date: Cash Reconciliation Summary Pool 2 Overcollateralization Deficiency Overcollateralization Amount Current Scheduled Interest Interest Summary Less Deferred Interest Plus Gross Advance Interest Less PPIS Reducing Scheduled Int 974,982.93 0.000.00 Less Other Adjustment 0.00 Total 995,338.57 Unscheduled Interest: Prepayment Penalties 5,616.00 Yield Maintenance Penalties 0.00 Other Interest Proceeds 0.00 Total 5,616.00 Less Fees & Expenses Paid By/To Servicer Less Fee Paid To Servicer Less Fee Strips Paid by Servicer PMI AmountsInterest Due Serv on AdvancesRecoup of Prior AdvancesMisc. Fees & Expenses Total Unscheduled Fees &Expenses Total Interest Due Trust Less Fees & Expenses Paid By/To TrustTrustee FeeCredit Risk Manager's Fees Misc. Fees Total Total Interest Due Certs Principal Summary Scheduled Principal:Current Scheduled PrincipalAdvanced Scheduled PrincipalScheduled PrincipalUnscheduled Principal:CurtailmentsPrepayments in FullLiquidation ProceedsRepurchase ProceedsOther Principal ProceedsTotal Unscheduled Principal Remittance Principal Remittance P&I Due Trust Remittance P&I Due Certs Pool Balance Summary Beginning PoolScheduled PrincipalUnscheduled PrincipalDeferred InterestLiquidationsRepurchases Ending Pool Balance Count Principal Interest Prior OutstandingPlus Current PeriodLess Recovered Ending Outstanding Servicing Fee Summary Current Servicing FeesPlus Fees Advanced for PPISLess Reduction for PPISPlus Delinquent Servicing Fees Total Servicing Fees Overcollateralization Summary PPIS Summary Gross PPISReduced by PPIEReduced by Shortfalls in FeesReduced by Other Amounts PPIS Reducing ScheduledInterest PPIS Reducing Servicing FeePPIS Due Certificate 0.00 0.000.00 0.00 0.00 962,291.96 0.000.000.00 0.00 27,569.16 805.35 28,374.51 12,322.07 3,438,816.44 0.000.000.00 3,451,138.513,479,513.02 4,441,804.98 4,441,804.98 189,005,874.17 931 28,374.51 3,451,138.51 13 0.000.00 0 0.00 0 185,526,361.15 918 666.24 11,796.96 805.35 20,355.64 1,251.26 26,079.25 38,662.61 0.000.00 802.75 39,465.36 0.000.000.000.000.000.00 0.00 Advance Summary (Advance Made by Servicer) ) (38,662.61 962,291.96 Interest Not Advanced ( Current Period ) 0.00 20,355.64 Less Non Recovered ) (6,073.34 ) (220.33 0.00 0.00 0.00 0.00 Other Principal Information Principal Remittance AmountOvercollateralization Release Amount 3,479,513.02 0.00 3,479,513.02 Principal Distribution Amount 0.00 0 Page 6 of 23 23-Aug-2005 - 09:14 (U968-U985, W716) (c) 2005 LaSalle Bank N.A. Structured Asset Securities Corporation Payment Date:Prior Payment:Next Payment:Record Date: 25-Aug-0525-Aug-05 25-Jul-05 26-Sep-05 24-Aug-05 Mortgage Pass-Through Certificates Series 2005-7XS ABN AMRO Acct: 722499.2 Interest Adjustments Summary Statement Date: 0.00 0.00 0.00 0.00 Special Servicing Fees Workout Fees Liquidation Fees Legal Fees 0.00 0.00 Misc. Fees & Expenses Paid by/to Servicer Interest Paid to Servicer on Outstanding Advances 0.00 0.00 ASER Interest Advance Reduction Interest Not Advanced (Current Period) Recoup of Prior Advances by Servicer 0.00 0.00 Servicing Fees Paid Servicer on Loans Not Advanced Misc. Fees & Expenses Paid by Trust 0.00 0.00 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 14,284.09 14,284.09 Total Excess Allocated to the Bonds 14,284.09 0.00 Aggregate Interest Adjustment Allocated to the Bonds 0.00 14,284.09 0.00 0.00 Prepayment Interest Excess Due the Bonds 0.00 ARD Excess Interest 0.00 0.00 0.00 Net Prepayment Int. Shortfalls Allocated to the Bonds Other Interest Loss Interest Income 0.00 Page 7 of 23 23-Aug-2005 - 09:14 (U968-U985, W716) (c) 2005 LaSalle Bank N.A. Structured Asset Securities Corporation Class Payment Date: Prior Payment: Next Payment: Record Date: 25-Aug-0525-Aug-05 25-Jul-05 26-Sep-05 24-Aug-05 Mortgage Pass-Through Certificates Series 2005-7XS ABN AMRO Acct: 722499.2 Bond Interest Reconciliation Additions Accrual Method Days Statement Date: Accrued Certificate Interest Prior Int Carry-Fwd Shortfall Prior Shortfall Reimbursement Other Int erest Proceeds Other Int erest Losses Current Int Carry-Fwd Shortfall Remaining Int Carry-Fwd Shortfall Net Cap Rate in Effect Y/ N Distributable Certificate Int erest Int erest Payment Amount Deductions Outstanding Deposits from YM Agreement Remaining Basis Risk Carry-Fwd Shortfall Current Basis Risk Carry-Fwd Shortfall 0.00 31 205,564.97 205,564.97 Act/360 0.00 205,564.97 0.00 0.00 0.00 0.00 No 1-A1A 0.00 0.00 0.00 0.00 31 194,147.01 194,147.01 Act/360 0.00 194,147.01 0.00 0.00 0.00 0.00 No 1-A1B 0.00 0.00 0.00 0.00 31 25,893.88 25,893.88 Act/360 0.00 25,893.88 0.00 0.00 0.00 0.00 No 1-A1C 0.00 0.00 0.00 0.00 30 62,375.00 62,375.00 30/360 0.00 62,375.00 0.00 0.00 0.00 0.00 No 1-A2A 0.00 0.00 0.00 0.00 30 124,991.23 124,991.23 30/360 0.00 124,991.23 0.00 0.00 0.00 0.00 No 1-A2B 0.00 0.00 0.00 0.00 30 270,485.88 270,485.88 30/360 0.00 270,485.88 0.00 0.00 0.00 0.00 No 1-A3 0.00 0.00 0.00 0.00 30 67,625.00 67,625.00 30/360 0.00 67,625.00 0.00 0.00 0.00 0.00 No 1-A4A 0.00 0.00 0.00 0.00 30 66,091.47 66,091.47 30/360 0.00 66,091.47 0.00 0.00 0.00 0.00 No 1-A4B 0.00 0.00 0.00 0.00 30 621,820.92 621,820.92 30/360 0.00 621,820.92 0.00 0.00 0.00 0.00 No 2-A1A 0.00 0.00 0.00 0.00 30 95,387.76 95,387.76 30/360 0.00 95,387.76 0.00 0.00 0.00 0.00 No 2-A1B 0.00 0.00 0.00 0.00 31 41,740.01 41,740.01 Act/360 0.00 41,740.01 0.00 0.00 0.00 0.00 No M1 0.00 0.00 0.00 0.00 31 34,736.92 34,736.92 Act/360 0.00 34,736.92 0.00 0.00 0.00 0.00 No M2 0.00 0.00 0.00 0.00 31 48,572.92 48,572.92 Act/360 0.00 48,572.92 0.00 0.00 0.00 0.00 No M3 0.00 0.00 0.00 0.00 30 14,284.09 14,284.09 30/360 0.00 0.00 0.00 0.00 0.00 0.00 No P 0.00 0.00 0.00 0.00 30 0.00 0.00 30/360 0.00 0.00 0.00 0.00 0.00 0.00 No CX 0.00 0.00 0.00 0.00 30 2,447,539.65 640,524.61 30/360 1,807,015.03 640,524.62 0.00 0.01 1,807,015.04 0.00 No X 0.00 0.00 0.00 0.00 0.00 1,807,015.03 2,499,957.59 4,321,256.71 2,514,241.67 0.00 0.01 1,807,015.04 0.00 0.00 0.00 (2) Interest Carry-Forward Shortfall is unpaid interest with interest thereon(3) Basis Risk Carry-Forward Shortfall - difference between LIBOR plus margin and the Net Rate Cap. 23-Aug-2005 - 09:14 (U968-U985, W716) (c) 2005 LaSalle Bank N.A. Page 8 of 23 (1) Other Interest Proceeds are additional interest amounts specifically allocated to the bond(s) and used in determining the bonds Distributable Interest. Structured Asset Securities Corporation Payment Date:Prior Payment:Next Payment:Record Date: 25-Aug-0525-Aug-05 25-Jul-05 26-Sep-05 24-Aug-05 Mortgage Pass-Through Certificates Series 2005-7XS ABN AMRO Acct: 722499.2 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 5.001.00 1-A1A NA NA 4/25/2035 62,805,947.66 0.00 0.00 66,681,733.92 79,189,000.00 126,862.80 0.00 0.00 0.00 3,748,923.46 1-A1B NA NA 4/25/2035 59,483,590.83 0.00 0.00 63,154,352.81 75,000,000.00 120,151.92 0.00 0.00 0.00 3,550,610.06 1-A1C NA NA 4/25/2035 7,911,317.57 0.00 0.00 8,399,528.92 9,975,000.00 15,980.21 0.00 0.00 0.00 472,231.14 1-A2A NA NA 4/25/2035 15,000,000.00 0.00 0.00 15,000,000.00 15,000,000.00 0.00 0.00 0.00 0.00 0.00 1-A2B NA NA 4/25/2035 28,461,000.00 0.00 0.00 28,461,000.00 28,461,000.00 0.00 0.00 0.00 0.00 0.00 1-A3 NA NA 4/25/2035 58,589,000.00 0.00 0.00 58,589,000.00 58,589,000.00 0.00 0.00 0.00 0.00 0.00 1-A4A NA NA 4/25/2035 15,000,000.00 0.00 0.00 15,000,000.00 15,000,000.00 0.00 0.00 0.00 0.00 0.00 1-A4B NA NA 4/25/2035 14,579,000.00 0.00 0.00 14,579,000.00 14,579,000.00 0.00 0.00 0.00 0.00 0.00 2-A1A NA NA 4/25/2035 149,265,932.12 0.00 0.00 152,282,674.72 163,187,000.00 24,600.74 0.00 0.00 0.00 2,992,141.86 2-A1B NA NA 4/25/2035 22,897,498.45 0.00 0.00 23,360,268.88 25,033,000.00 3,773.77 0.00 0.00 0.00 458,996.66 M1 NA NA 4/25/2035 12,397,000.00 0.00 0.00 12,397,000.00 12,397,000.00 0.00 0.00 0.00 0.00 0.00 M2 NA NA 4/25/2035 9,815,000.00 0.00 0.00 9,815,000.00 9,815,000.00 0.00 0.00 0.00 0.00 0.00 M3 NA NA 4/25/2035 10,331,000.00 0.00 0.00 10,331,000.00 10,331,000.00 0.00 0.00 0.00 0.00 0.00 P NA NA 4/25/2035 100.00 0.00 0.00 100.00 100.00 0.00 0.00 0.00 0.00 0.00 CX NA NA 4/25/2035 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 X NA NA 4/25/2035 466,536,286.64 0.00 0.00 478,050,559.24 516,556,933.95 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 291,369.44 0.00 11,222,903.17 0.01 516,556,100.00 466,536,386.63 478,050,659.25 23-Aug-2005 - 09:14 (U968-U985, W716) (c) 2005 LaSalle Bank N.A. Page 9 of 23 (1) Extra Principal Amounts: the lessor of (i) the excess, if any, of the overcollateralization Target Amount over the Overcollateralization Amount. Structured Asset Securities Corporation Payment Date:Prior Payment:Next Payment:Record Date: 25-Aug-0525-Aug-05 25-Jul-05 26-Sep-05 24-Aug-05 Mortgage Pass-Through Certificates Series 2005-7XS ABN AMRO Acct: 722499.2 Other Related Information Statement Date: $5,167.69 Certificate Insurance Premium Insured Payments to Class: 0.00 0.00 0.00 $0.00 Prior Unpaid Certificate Insurance Premium Aggregate Certificate Insurance Premium $5,167.69 1-A2A 1-A3 1-A4A Page 10 of 23 23-Aug-2005 - 09:14 (U968-U985, W716) (c) 2005 LaSalle Bank N.A. Structured Asset Securities Corporation Payment Date:Prior Payment:Next Payment:Record Date: 25-Aug-0525-Aug-05 25-Jul-05 26-Sep-05 24-Aug-05 Mortgage Pass-Through Certificates Series 2005-7XS ABN AMRO Acct: 722499.2 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 # Balance # Balance # Balance # Balance Delinquency Aging Categories 0.48% 0.43% 0.09% 0.06% 0 0.00% 0 0.00% 0.43% 0.46% 0.00% 0.00% 25-Aug-05 11 2,028,117 2 298,534 10 2,137,514 0 0 2,289 463,880,071 99.01% 99.05% 0.47% 0.45% 0.13% 0.14% 0 0.00% 0 0.00% 0.08% 0.10% 0.00% 0.00% 25-Jul-05 11 2,165,493 3 649,860 2 487,819 0 0 2,341 476,555,336 99.32% 99.31% 0.38% 0.46% 0.04% 0.01% 0 0.00% 0 0.00% 0.08% 0.11% 0.00% 0.00% 27-Jun-05 9 2,247,519 1 71,129 2 554,472 0 0 2,385 485,834,255 99.50% 99.41% 0.08% 0.06% 0.04% 0.08% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 25-May-05 2 302,163 1 395,921 0 0 0 0 2,448 499,585,474 99.88% 99.86% 0.00% 0.00% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 25-Apr-05 0 0 0 0 0 0 0 0 2,489 509,668,315 100.00% 100.00% Page 11 of 23 23-Aug-2005 - 09:14 (U968-U985, W716) (c) 2005 LaSalle Bank N.A. Structured Asset Securities Corporation Payment Date:Prior Payment:Next Payment:Record Date: 25-Aug-0525-Aug-05 25-Jul-05 26-Sep-05 24-Aug-05 Mortgage Pass-Through Certificates Series 2005-7XS ABN AMRO Acct: 722499.2 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 # Balance # Balance # Balance # Balance Delinquency Aging Categories Pool 1 0.65% 0.60% 0.14% 0.11% 0 0.00% 0 0.00% 0.72% 0.76% 0.00% 0.00% 25-Aug-05 9 1,691,132 2 298,534 10 2,137,514 0 0 1,373 278,690,695 98.49% 98.54% 0.77% 0.74% 0.21% 0.22% 0 0.00% 0 0.00% 0.14% 0.17% 0.00% 0.00% 25-Jul-05 11 2,165,493 3 649,860 2 487,819 0 0 1,410 287,549,462 98.88% 98.86% 0.48% 0.58% 0.07% 0.02% 0 0.00% 0 0.00% 0.14% 0.19% 0.00% 0.00% 27-Jun-05 7 1,720,646 1 71,129 2 554,472 0 0 1,442 295,250,461 99.31% 99.21% 0.07% 0.05% 0.07% 0.13% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 25-May-05 1 159,063 1 395,921 0 0 0 0 1,482 303,685,462 99.87% 99.82% 0.00% 0.00% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 25-Apr-05 0 0 0 0 0 0 0 0 1,507 310,335,488 100.00% 100.00% Page 12 of 23 23-Aug-2005 - 09:14 (U968-U985, W716) (c) 2005 LaSalle Bank N.A. Structured Asset Securities Corporation Payment Date:Prior Payment:Next Payment:Record Date: 25-Aug-0525-Aug-05 25-Jul-05 26-Sep-05 24-Aug-05 Mortgage Pass-Through Certificates Series 2005-7XS ABN AMRO Acct: 722499.2 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 # Balance # Balance # Balance # Balance Delinquency Aging Categories Pool 2 0.22% 0.18% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 25-Aug-05 2 336,984 0 0 0 0 0 0 916 185,189,377 99.78% 99.82% 0.00% 0.00% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 25-Jul-05 0 0 0 0 0 0 0 0 931 189,005,874 100.00% 100.00% 0.21% 0.28% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 27-Jun-05 2 526,873 0 0 0 0 0 0 943 190,583,794 99.79% 99.72% 0.10% 0.07% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 25-May-05 1 143,100 0 0 0 0 0 0 966 195,900,012 99.90% 99.93% 0.00% 0.00% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 25-Apr-05 0 0 0 0 0 0 0 0 982 199,332,827 100.00% 100.00% Page 13 of 23 23-Aug-2005 - 09:14 (U968-U985, W716) (c) 2005 LaSalle Bank N.A. Structured Asset Securities Corporation Payment Date:Prior Payment:Next Payment:Record Date: 25-Aug-0525-Aug-05 25-Jul-05 26-Sep-05 24-Aug-05 Mortgage Pass-Through Certificates Series 2005-7XS ABN AMRO Acct: 722499.2 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 # 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 Balance Balance Balance 25-Aug-05 0 0 5 1,001,273 2 704,890 0 0 5 1,136,241 0 0 0.00% 0.00% 0.22% 0.21% 0.22% 0.24% 0.09% 0.15% 0.00% 0.00% 0.00% 0.00% 0.00% -0.00% 0.26% 0.17% 0 0 6 812,888 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0 25-Jul-05 0 0 1 92,577 1 71,020 0 0 1 395,242 0 0 0.00% 0.00% 0.04% 0.02% 0.04% 0.08% 0.04% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.25% 0.16% 0 0 6 781,519 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0 27-Jun-05 0 0 1 158,890 0 0 1 71,129 1 395,582 0 0 0.00% 0.00% 0.04% 0.03% 0.04% 0.08% 0.00% 0.00% 0.04% 0.01% 0.00% 0.00% 0.00% 0.00% 0.17% 0.12% 0 0 4 603,719 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0 25-May-05 0 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.12% 0.09% 0 0 3 425,774 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0 25-Apr-05 0 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0 Page 14 of 23 23-Aug-2005 - 09:14 (U968-U985, W716) (c) 2005 LaSalle Bank N.A. Structured Asset Securities Corporation Payment Date:Prior Payment:Next Payment:Record Date: 25-Aug-0525-Aug-05 25-Jul-05 26-Sep-05 24-Aug-05 Mortgage Pass-Through Certificates Series 2005-7XS ABN AMRO Acct: 722499.2 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 # Balance In Foreclosure and Delinquent In Bankruptcy and Delinquent In REO and Delinquent Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II - Pool 1 Current # # # 31 - 60 Days 61 - 90 Days 90 + Days # Balance Balance Balance Balance 25-Aug-05 0 0 5 1,001,273 2 704,890 0 0 5 1,136,241 0 0 0.00% 0.00% 0.36% 0.35% 0.36% 0.40% 0.14% 0.25% 0.00% 0.00% 0.00% 0.00% 0.00% -0.00% 0.36% 0.22% 0 0 5 634,488 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0 25-Jul-05 0 0 1 92,577 1 71,020 0 0 1 395,242 0 0 0.00% 0.00% 0.07% 0.03% 0.07% 0.14% 0.07% 0.02% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.28% 0.17% 0 0 4 495,702 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0 27-Jun-05 0 0 1 158,890 0 0 1 71,129 1 395,582 0 0 0.00% 0.00% 0.07% 0.05% 0.07% 0.13% 0.00% 0.00% 0.07% 0.02% 0.00% 0.00% 0.00% 0.00% 0.14% 0.11% 0 0 2 317,784 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0 25-May-05 0 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.13% 0.10% 0 0 2 318,122 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0 25-Apr-05 0 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0 Page 15 of 23 23-Aug-2005 - 09:14 (U968-U985, W716) (c) 2005 LaSalle Bank N.A. Structured Asset Securities Corporation Payment Date:Prior Payment:Next Payment:Record Date: 25-Aug-0525-Aug-05 25-Jul-05 26-Sep-05 24-Aug-05 Mortgage Pass-Through Certificates Series 2005-7XS ABN AMRO Acct: 722499.2 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 # Balance In Foreclosure and Delinquent In Bankruptcy and Delinquent In REO and Delinquent Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II - Pool 2 Current # # # 31 - 60 Days 61 - 90 Days 90 + Days # Balance Balance Balance Balance 25-Aug-05 0 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.11% 0.10% 0 0 1 178,400 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0 25-Jul-05 0 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.21% 0.15% 0 0 2 285,817 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0 27-Jun-05 0 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.21% 0.15% 0 0 2 285,935 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0 25-May-05 0 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.10% 0.05% 0 0 1 107,652 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0 25-Apr-05 0 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0 Page 16 of 23 23-Aug-2005 - 09:14 (U968-U985, W716) (c) 2005 LaSalle Bank N.A. Structured Asset Securities Corporation Payment Date:Prior Payment:Next Payment:Record Date: 25-Aug-0525-Aug-05 25-Jul-05 26-Sep-05 24-Aug-05 Mortgage Pass-Through Certificates Series 2005-7XS ABN AMRO Acct: 722499.2 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 # Balance # Amount Life Coupon Remit Statement Date: Ending Arrearage (1) Balance Insurance Substitution Liquidation Proceeds Proceeds Proceeds 25-Aug-05 2,312 91.60% 468,344,236 90.67% 1.91% 2.33% 0 0.00% 0 0.00% 345 6.52% 6.26% 45 11,172,741 0.00 0.00 0.00 0.00 25-Jul-05 2,357 93.38% 479,858,508 92.90% 1.67% 1.74% 0 0.00% 0 0.00% 346 6.52% 6.27% 40 8,487,066 0.00 0.00 0.00 0.00 27-Jun-05 2,397 94.97% 488,707,374 94.61% 2.20% 2.24% 0 0.00% 0 0.00% 346 6.53% 6.27% 54 11,198,516 0.00 0.00 0.00 0.00 25-May-05 2,451 97.11% 500,283,558 96.85% 1.53% 1.76% 0 0.00% 0 0.00% 347 6.53% 6.28% 38 8,991,550 0.00 0.00 0.00 0.00 25-Apr-05 2,489 98.61% 509,668,315 98.67% 1.39% 1.27% 0 0.00% 0 0.00% 347 6.54% 6.28% 35 6,535,971 0.00 0.00 0.00 0.00 (1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period. Page 17 of 23 23-Aug-2005 - 09:14 (U968-U985, W716) (c) 2005 LaSalle Bank N.A. Structured Asset Securities Corporation Payment Date:Prior Payment:Next Payment:Record Date: 25-Aug-0525-Aug-05 25-Jul-05 26-Sep-05 24-Aug-05 Mortgage Pass-Through Certificates Series 2005-7XS ABN AMRO Acct: 722499.2 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 # Balance # Amount Life Coupon Remit Statement Date: Ending Arrearage (1) Balance Insurance Substitution Liquidation Proceeds Proceeds Proceeds Pool 1 25-Aug-05 1,394 55.23% 282,817,874 54.75% 2.24% 2.66% 0 0.00% 0 0.00% 340 6.64% 6.39% 32 7,733,925 0.00 0.00 0.00 0.00 25-Jul-05 1,426 56.50% 290,852,634 56.31% 1.79% 2.16% 0 0.00% 0 0.00% 340 6.65% 6.39% 26 6,423,102 0.00 0.00 0.00 0.00 27-Jun-05 1,452 57.53% 297,596,707 57.61% 2.16% 2.08% 0 0.00% 0 0.00% 340 6.65% 6.39% 32 6,319,367 0.00 0.00 0.00 0.00 25-May-05 1,484 58.80% 304,240,446 58.90% 1.53% 1.85% 0 0.00% 0 0.00% 340 6.66% 6.40% 23 5,754,359 0.00 0.00 0.00 0.00 25-Apr-05 1,507 59.71% 310,335,488 60.08% 1.57% 1.60% 0 0.00% 0 0.00% 340 6.66% 6.40% 24 5,040,510 0.00 0.00 0.00 0.00 (1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period. Page 18 of 23 23-Aug-2005 - 09:14 (U968-U985, W716) (c) 2005 LaSalle Bank N.A. Structured Asset Securities Corporation Payment Date:Prior Payment:Next Payment:Record Date: 25-Aug-0525-Aug-05 25-Jul-05 26-Sep-05 24-Aug-05 Mortgage Pass-Through Certificates Series 2005-7XS ABN AMRO Acct: 722499.2 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 # Balance # Amount Life Coupon Remit Statement Date: Ending Arrearage (1) Balance Insurance Substitution Liquidation Proceeds Proceeds Proceeds Pool 2 25-Aug-05 918 36.37% 185,526,361 35.92% 1.40% 1.82% 0 0.00% 0 0.00% 354 6.32% 6.07% 13 3,438,816 0.00 0.00 0.00 0.00 25-Jul-05 931 36.89% 189,005,874 36.59% 1.48% 1.08% 0 0.00% 0 0.00% 355 6.33% 6.08% 14 2,063,964 0.00 0.00 0.00 0.00 27-Jun-05 945 37.44% 191,110,667 37.00% 2.28% 2.49% 0 0.00% 0 0.00% 356 6.34% 6.09% 22 4,879,149 0.00 0.00 0.00 0.00 25-May-05 967 38.31% 196,043,112 37.95% 1.53% 1.62% 0 0.00% 0 0.00% 357 6.34% 6.09% 15 3,237,191 0.00 0.00 0.00 0.00 25-Apr-05 982 38.91% 199,332,827 38.59% 1.11% 0.74% 0 0.00% 0 0.00% 358 6.34% 6.09% 11 1,495,461 0.00 0.00 0.00 0.00 (1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period. Page 19 of 23 23-Aug-2005 - 09:14 (U968-U985, W716) (c) 2005 LaSalle Bank N.A. Structured Asset Securities Corporation Payment Date:Prior Payment:Next Payment:Record Date: 25-Aug-0525-Aug-05 25-Jul-05 26-Sep-05 24-Aug-05 Mortgage Pass-Through Certificates Series 2005-7XS ABN AMRO Acct: 722499.2 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 23-Aug-2005 - 09:14 (U968-U985, W716) (c) 2005 LaSalle Bank N.A. Page 20 of 23 * Aggregate liquidation expenses also include outstanding P&I advances and unpaid servicing fees, unpaid trustee fees, etc.. Structured Asset Securities Corporation Payment Date:Prior Payment:Next Payment:Record Date: 25-Aug-0525-Aug-05 25-Jul-05 26-Sep-05 24-Aug-05 Mortgage Pass-Through Certificates Series 2005-7XS ABN AMRO Acct: 722499.2 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: Pool 1 Current Total Cumulative 23-Aug-2005 - 09:14 (U968-U985, W716) (c) 2005 LaSalle Bank N.A. Page 21 of 23 * Aggregate liquidation expenses also include outstanding P&I advances and unpaid servicing fees, unpaid trustee fees, etc.. Structured Asset Securities Corporation Payment Date:Prior Payment:Next Payment:Record Date: 25-Aug-0525-Aug-05 25-Jul-05 26-Sep-05 24-Aug-05 Mortgage Pass-Through Certificates Series 2005-7XS ABN AMRO Acct: 722499.2 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: Pool 2 Current Total Cumulative 23-Aug-2005 - 09:14 (U968-U985, W716) (c) 2005 LaSalle Bank N.A. Page 22 of 23 * Aggregate liquidation expenses also include outstanding P&I advances and unpaid servicing fees, unpaid trustee fees, etc.. Structured Asset Securities Corporation Substitution Detail History ABN AMRO Acct: 722499.2 Series 2005-7XS Mortgage Pass-Through Certificates 24-Aug-05 26-Sep-05 25-Jul-05 25-Aug-05 25-Aug-05 Record Date: Next Payment: Prior Payment: Payment Date: Statement Date: Property ID Deleted Loan Qualified Substitute Scheduled Prin Bal 23-Aug-2005 - 09:14 (U968-U985, W716) (c) 2005 LaSalle Bank N.A. Page 23 of 23 Original Property Per Section 7.01(a)(i) of the Property Management and Lease Servicing Agreement, aggregate Appraised Value of the Qualified Substitute Mortgaged Properties acquired by theIssuer since the Closing Date in connection with the substitution or exchange pursuant to Section 7.01 is not to exceed 25% of the aggregate Initial Appraised Value of theMortgaged Properties. (A)

Structured Asset Securities Corporation

Mortgage Pass-Through Certificates

Series 2005-7XS

ABN AMRO Acct: 722499.2

Reporting Package Table of Contents

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

27-Dec-05
27-Dec-05

25-Nov-05

25-Jan-06

23-Dec-05

Administrator:
Leigh Gordon 312.904.4839
leigh.gordon@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
Shortfall Summary Report
Bond Principal Reconciliation

Bond Interest Reconciliation

Other Related 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
Realized Loss Detail

Page 2-3
Page 4-6
Page 7
Page 8

Page 9

Page 10
Page 11-13

Page 14-16
Page 17-19

Page 20-22

Substitution Detail History

Page 23

Page(s)

Information is available for this issue from the following sources

Issue Id:

Monthly Data File
Name:

SASC57XS

SASC57XS_200512_3.ZIP

Closing Date:

First Payment Date:

Rated Final Payment: Date:

31-Mar-05
25-Apr-05

25-Apr-35

Parties to The Transaction

Depositor: Structured Asset Securities Corporation

Underwriter: Lehman Brothers Inc.

Master Servicer: Aurora Loan Services LLC

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.alservices.com

www.etrustee.net

Page 1 of 23

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:

6.499888%

4.193750%
4.378750%

27-Dec-05
27-Dec-05

25-Nov-05

25-Jan-06

23-Dec-05

Structured Asset Securities Corporation

Mortgage Pass-Through Certificates

Series 2005-7XS

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

342

Bond Payments

Statement Date:

ABN AMRO Acct: 722499.2

644.086078496

27.726179772

0.000000000

616.359898723

2.469712334

4.4987500000%

0.00

0.000000000

4.3137500000%

0.000000000

86359B7F2

1-A1A

79,189,000.00

2,195,608.45

0.00

48,808,924.02

195,574.05

51,004,532.47

644.086078400

27.726179733

0.000000000

616.359898667

2.463987067

4.4887500000%

0.00

0.000000000

4.3037500000%

0.000000000

86359B7P0

1-A1B

75,000,000.00

2,079,463.48

0.00

46,226,992.40

184,799.03

48,306,455.88

644.086077193

27.726179449

0.000000000

616.359897744

2.469712281

4.4987500000%

0.00

0.000000000

4.3137500000%

0.000000000

86359B7Q8

1-A1C

9,975,000.00

276,568.64

0.00

6,148,189.98

24,635.38

6,424,758.62

1000.000000000

0.000000000

1000.000000000

4.158333333

4.9900000000%

0.00

0.000000000

4.9900000000%

0.000000000

86359B7G0

1-A2A

15,000,000.00

0.00

15,000,000.00

62,375.00

15,000,000.00

1000.000000000

0.000000000

1000.000000000

4.391666842

5.2700000000%

0.00

0.000000000

5.2700000000%

0.000000000

86359B7R6

1-A2B

28,461,000.00

0.00

28,461,000.00

124,991.23

28,461,000.00

1000.000000000

0.000000000

1000.000000000

4.616666610

5.5400000000%

0.00

0.000000000

5.5400000000%

0.000000000

86359B7H8

1-A3

58,589,000.00

0.00

58,589,000.00

270,485.88

58,589,000.00

1000.000000000

0.000000000

1000.000000000

4.508333333

5.4100000000%

0.00

0.000000000

5.4100000000%

0.000000000

86359B7J4

1-A4A

15,000,000.00

0.00

15,000,000.00

67,625.00

15,000,000.00

1000.000000000

0.000000000

1000.000000000

4.533333562

5.4400000000%

0.00

0.000000000

5.4400000000%

0.000000000

86359B7S4

1-A4B

14,579,000.00

0.00

14,579,000.00

66,091.47

14,579,000.00

844.154998560

24.452410302

0.000000000

819.702588258

3.446966241

4.9000000000%

0.00

0.000000000

4.9000000000%

0.000000000

86359B7K1

2-A1A

163,187,000.00

3,990,315.48

0.00

133,764,806.27

562,500.08

137,755,121.75

844.154999001

24.452410418

0.000000000

819.702588583

3.446966404

4.9000000000%

0.00

0.000000000

4.9000000000%

0.000000000

86359B7T2

2-A1B

25,033,000.00

612,117.19

0.00

20,519,614.90

86,287.91

21,131,732.09

1000.000000000

0.000000000

1000.000000000

4.127777688

4.8287500000%

0.00

0.000000000

4.6437500000%

0.000000000

86359B7L9

12,397,000.00

0.00

12,397,000.00

51,172.06

12,397,000.00

1000.000000000

0.000000000

1000.000000000

4.305555782

5.0287500000%

0.00

0.000000000

4.8437500000%

0.000000000

86359B7M7

9,815,000.00

0.00

9,815,000.00

42,259.03

9,815,000.00

1000.000000000

0.000000000

1000.000000000

5.505555125

6.3787500000%

0.00

3,198.29

0.309581841

5.8454702144%

0.000000000

86359B7N5

10,331,000.00

0.00

10,331,000.00

56,877.89

10,331,000.00

1000.000000000

0.000000000

1000.000000000

162554.400000000

0.00

16,255.44

162554.400000000

N/A

0.000000000

9ABSU9814

100.00

0.00

100.00

16,255.44

100.00

0.000000000

0.146469241

N/A

0.00

75,659.58

0.146469241

4.1912500000%

0.000000000

9ABSU9822

0.00

75,659.58

0.00

830.101335648

0.000000000

812.380010778

0.859263095

0.00

0.000000000

1.2421564250%

0.000000000

9ABSU9830

516,556,933.95

0.00

419,640,527.57

443,858.31

428,794,600.81

0.000000000

0.00

0.000000000

N/A

0.000000000

9ABSU9848

0.00

Page 2 of 23

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:

6.499888%

4.193750%
4.378750%

27-Dec-05
27-Dec-05

25-Nov-05

25-Jan-06

23-Dec-05

Structured Asset Securities Corporation

Mortgage Pass-Through Certificates

Series 2005-7XS

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

342

Bond Payments

Statement Date:

ABN AMRO Acct: 722499.2

Total P&I Payment

0.00

95,113.31

516,556,100.00

428,794,700.81

11,485,520.58

Total

419,640,627.57

9,154,073.24

0.00

2,331,447.34

Page 3 of 23

Structured Asset Securities Corporation

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

27-Dec-05
27-Dec-05

25-Nov-05

25-Jan-06

23-Dec-05

Mortgage Pass-Through Certificates

Series 2005-7XS

ABN AMRO Acct: 722499.2

Statement Date:

Cash Reconciliation Summary

Overcollateralization Deficiency

Overcollateralization Amount

Current Scheduled Interest

Interest Summary

Less Deferred Interest

Plus Gross Advance Interest

Less PPIS Reducing Scheduled Int

2,228,949.23

0.00
0.00

Less Other Adjustment

0.00

Total

2,328,567.14

Unscheduled Interest:

Prepayment Penalties

16,255.44

Yield Maintenance Penalties

0.00

Other Interest Proceeds

78,857.88

Total

95,113.32

Less Fees & Expenses Paid By/To Servicer

Less Fee Paid To Servicer
Less Fee Strips Paid by Servicer

PMI Amounts
Interest Due Serv on Advances
Recoup of Prior Advances
Misc. Fees & Expenses

Total Unscheduled Fees &
Expenses

Total Interest Due Trust

Less Fees & Expenses Paid By/To Trust
Trustee Fee
Credit Risk Manager's Fees

Misc. Fees

Total

Total Interest Due Certs

Principal Summary

Scheduled Principal:
Current Scheduled Principal
Advanced Scheduled Principal
Scheduled Principal
Unscheduled Principal:
Curtailments
Prepayments in Full
Liquidation Proceeds
Repurchase Proceeds
Other Principal Proceeds
Total Unscheduled Principal
Remittance Principal

Remittance P&I Due Trust

Remittance P&I Due Certs

Pool Balance Summary

Beginning Pool
Scheduled Principal
Unscheduled Principal
Deferred Interest
Liquidations
Repurchases

Ending Pool

Balance

Count

Principal

Interest

Prior Outstanding
Plus Current Period
Less Recovered

Ending Outstanding

Servicing Fee Summary

Current Servicing Fees
Plus Fees Advanced for PPIS
Less Reduction for PPIS
Plus Delinquent Servicing Fees

Total Servicing Fees

Overcollateralization Summary

PPIS Summary

Gross PPIS
Reduced by PPIE
Reduced by Shortfalls in Fees
Reduced by Other Amounts

PPIS Reducing Scheduled
Interest

PPIS Reducing Servicing Fee
PPIS Due Certificate

0.00

0.00
0.00

0.00

2,336,615.03

0.00
0.00
0.00

0.00

248,051.82

13,287.00

261,338.82

351,783.93

8,540,950.49

0.00
0.00
0.00

8,892,734.42
9,154,073.24

11,490,688.27

430,602,549.81

2,141

261,338.82

8,892,734.42

0.00
0.00

0.00

421,448,476.57

2,107

34,789.22

221,280.59

13,287.00

99,617.92

34,672.77

253,724.55

87,065.43

0.00
0.00

3,823.27

90,888.71

0.00
0.00
0.00
0.00
0.00
0.00

0.00

Advance Summary (Advance Made by Servicer)

)

(87,065.43

2,336,615.03

Interest Not Advanced (

Current Period

)

0.00

99,617.92

Less Non Recovered

)

(67,173.96

)

(13,403.45

0.00

1,807,949.00

0.00

Other Principal Information

Principal Remittance Amount
Overcollateralization Release Amount

0.00

Principal Distribution Amount

0.00

Page 4 of 23

Structured Asset Securities Corporation

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

27-Dec-05
27-Dec-05

25-Nov-05

25-Jan-06

23-Dec-05

Mortgage Pass-Through Certificates

Series 2005-7XS

ABN AMRO Acct: 722499.2

Statement Date:

Cash Reconciliation Summary Pool 1

Overcollateralization Deficiency

Overcollateralization Amount

Current Scheduled Interest

Interest Summary

Less Deferred Interest

Plus Gross Advance Interest

Less PPIS Reducing Scheduled Int

1,358,419.95

0.00
0.00

Less Other Adjustment

0.00

Total

1,422,606.71

Unscheduled Interest:

Prepayment Penalties

0.00

Yield Maintenance Penalties

0.00

Other Interest Proceeds

0.00

Total

0.00

Less Fees & Expenses Paid By/To Servicer

Less Fee Paid To Servicer
Less Fee Strips Paid by Servicer

PMI Amounts
Interest Due Serv on Advances
Recoup of Prior Advances
Misc. Fees & Expenses

Total Unscheduled Fees &
Expenses

Total Interest Due Trust

Less Fees & Expenses Paid By/To Trust
Trustee Fee
Credit Risk Manager's Fees

Misc. Fees

Total

Total Interest Due Certs

Principal Summary

Remittance P&I Due Trust

Remittance P&I Due Certs

Pool Balance Summary

Beginning Pool
Scheduled Principal
Unscheduled Principal
Deferred Interest
Liquidations
Repurchases

Ending Pool

Balance

Count

Principal

Interest

Prior Outstanding
Plus Current Period
Less Recovered

Ending Outstanding

Servicing Fee Summary

Current Servicing Fees
Plus Fees Advanced for PPIS
Less Reduction for PPIS
Plus Delinquent Servicing Fees

Total Servicing Fees

Overcollateralization Summary

PPIS Summary

Gross PPIS
Reduced by PPIE
Reduced by Shortfalls in Fees
Reduced by Other Amounts

PPIS Reducing Scheduled
Interest

PPIS Reducing Servicing Fee
PPIS Due Certificate

0.00

0.00
0.00

0.00

1,370,151.06

0.00
0.00
0.00

0.00

221,995.89

11,593.75

233,589.64

330,571.47

3,987,479.46

0.00
0.00
0.00

4,318,050.93
4,551,640.57

5,921,791.63

258,352,765.40

1,284

233,589.64

4,318,050.93

0.00
0.00

0.00

253,801,124.83

1,267

32,450.38

176,274.54

11,593.75

64,186.75

30,982.63

183,294.30

52,455.64

0.00
0.00

2,483.66

54,939.30

0.00
0.00
0.00
0.00
0.00
0.00

0.00

Advance Summary (Advance Made by Servicer)

)

(52,455.64

1,370,151.06

Interest Not Advanced (

Current Period

)

0.00

64,186.75

Less Non Recovered

)

(57,167.00

)

(13,061.50

0.00

Other Principal Information

Principal Remittance Amount
Overcollateralization Release Amount

4,551,640.57

0.00

4,551,640.57

Principal Distribution Amount

0.00

Page 5 of 23

Structured Asset Securities Corporation

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

27-Dec-05
27-Dec-05

25-Nov-05

25-Jan-06

23-Dec-05

Mortgage Pass-Through Certificates

Series 2005-7XS

ABN AMRO Acct: 722499.2

Statement Date:

Cash Reconciliation Summary Pool 2

Overcollateralization Deficiency

Overcollateralization Amount

Current Scheduled Interest

Interest Summary

Less Deferred Interest

Plus Gross Advance Interest

Less PPIS Reducing Scheduled Int

870,529.27

0.00
0.00

Less Other Adjustment

0.00

Total

905,960.44

Unscheduled Interest:

Prepayment Penalties

16,255.44

Yield Maintenance Penalties

0.00

Other Interest Proceeds

0.00

Total

16,255.44

Less Fees & Expenses Paid By/To Servicer

Less Fee Paid To Servicer
Less Fee Strips Paid by Servicer

PMI Amounts
Interest Due Serv on Advances
Recoup of Prior Advances
Misc. Fees & Expenses

Total Unscheduled Fees &
Expenses

Total Interest Due Trust

Less Fees & Expenses Paid By/To Trust
Trustee Fee
Credit Risk Manager's Fees

Misc. Fees

Total

Total Interest Due Certs

Principal Summary

Remittance P&I Due Trust

Remittance P&I Due Certs

Pool Balance Summary

Beginning Pool
Scheduled Principal
Unscheduled Principal
Deferred Interest
Liquidations
Repurchases

Ending Pool

Balance

Count

Principal

Interest

Prior Outstanding
Plus Current Period
Less Recovered

Ending Outstanding

Servicing Fee Summary

Current Servicing Fees
Plus Fees Advanced for PPIS
Less Reduction for PPIS
Plus Delinquent Servicing Fees

Total Servicing Fees

Overcollateralization Summary

PPIS Summary

Gross PPIS
Reduced by PPIE
Reduced by Shortfalls in Fees
Reduced by Other Amounts

PPIS Reducing Scheduled
Interest

PPIS Reducing Servicing Fee
PPIS Due Certificate

0.00

0.00
0.00

0.00

887,606.08

0.00
0.00
0.00

0.00

26,055.93

1,693.25

27,749.18

21,212.46

4,553,471.03

0.00
0.00
0.00

4,574,683.49
4,602,432.67

5,490,038.75

172,249,784.41

857

27,749.18

4,574,683.49

0.00
0.00

0.00

167,647,351.74

840

2,338.84

45,006.05

1,693.25

35,431.16

3,690.14

70,430.25

34,609.79

0.00
0.00

1,339.61

35,949.40

0.00
0.00
0.00
0.00
0.00
0.00

0.00

Advance Summary (Advance Made by Servicer)

)

(34,609.79

887,606.08

Interest Not Advanced (

Current Period

)

0.00

35,431.16

Less Non Recovered

)

(10,006.96

)

(341.95

0.00

Other Principal Information

Principal Remittance Amount
Overcollateralization Release Amount

4,602,432.67

0.00

4,602,432.67

Principal Distribution Amount

0.00

Page 6 of 23

Structured Asset Securities Corporation

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

27-Dec-05
27-Dec-05

25-Nov-05

25-Jan-06

23-Dec-05

Mortgage Pass-Through Certificates

Series 2005-7XS

ABN AMRO Acct: 722499.2

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

16,255.44

16,255.44

Total Excess Allocated to the Bonds

16,255.44

0.00

Aggregate Interest Adjustment Allocated to the Bonds

0.00

16,255.44

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 7 of 23

Structured Asset Securities Corporation

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

27-Dec-05
27-Dec-05

25-Nov-05

25-Jan-06

23-Dec-05

Mortgage Pass-Through Certificates

Series 2005-7XS

ABN AMRO Acct: 722499.2

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

1-A1A

4/25/2035

48,808,924.02

0.00

51,004,532.47

79,189,000.00

112,678.36

0.00

2,082,930.09

1-A1B

4/25/2035

46,226,992.40

0.00

48,306,455.88

75,000,000.00

106,717.81

0.00

1,972,745.67

1-A1C

4/25/2035

6,148,189.98

0.00

6,424,758.62

9,975,000.00

14,193.47

0.00

262,375.17

1-A2A

4/25/2035

15,000,000.00

0.00

15,000,000.00

0.00

1-A2B

4/25/2035

28,461,000.00

0.00

28,461,000.00

0.00

1-A3

4/25/2035

58,589,000.00

0.00

58,589,000.00

0.00

1-A4A

4/25/2035

15,000,000.00

0.00

15,000,000.00

0.00

1-A4B

4/25/2035

14,579,000.00

0.00

14,579,000.00

0.00

2-A1A

4/25/2035

133,764,806.27

0.00

137,755,121.75

163,187,000.00

24,058.58

0.00

3,966,256.90

2-A1B

4/25/2035

20,519,614.90

0.00

21,131,732.09

25,033,000.00

3,690.60

0.00

608,426.59

4/25/2035

12,397,000.00

0.00

12,397,000.00

0.00

4/25/2035

9,815,000.00

0.00

9,815,000.00

0.00

4/25/2035

10,331,000.00

0.00

10,331,000.00

0.00

4/25/2035

100.00

0.00

100.00

0.00

4/25/2035

0.00

4/25/2035

419,640,527.57

0.00

428,794,600.81

516,556,933.95

0.00

261,338.82

0.00

8,892,734.42

0.00

516,556,100.00

419,640,627.57

428,794,700.81

Page 8 of 23

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

Structured Asset Securities Corporation

Class

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

27-Dec-05
27-Dec-05

25-Nov-05

25-Jan-06

23-Dec-05

Mortgage Pass-Through Certificates

Series 2005-7XS

ABN AMRO Acct: 722499.2

Bond Interest Reconciliation

Additions

Accrual

Method Days

Statement Date:

Accrued

Certificate

Interest

Prior

Int Carry-Fwd

Shortfall

Prior

Shortfall

Reimbursement

Other

Int ere st

Proceeds

Other

Int ere st

Losses

Current

Int Carry-Fwd

Shortfall

Remaining

Int Carry-Fwd

Shortfall

Net Cap Rate

in Effect

Y/ N

Distributable

Certificate

Int ere st

Payment

Amount

Deductions

Outstanding

Deposits from YM

Agreement

Remaining Basis Risk

Carry-Fwd Shortfall

Current Basis Risk

Carry-Fwd Shortfall

0.00

1-A1A

Act/360

195,574.05

0.00

195,574.05

0.00

1-A1B

Act/360

184,799.03

0.00

184,799.03

0.00

1-A1C

Act/360

24,635.38

0.00

24,635.38

0.00

1-A2A

30/360

62,375.00

0.00

62,375.00

0.00

1-A2B

30/360

124,991.23

0.00

124,991.23

0.00

1-A3

30/360

270,485.88

0.00

270,485.88

0.00

1-A4A

30/360

67,625.00

0.00

67,625.00

0.00

1-A4B

30/360

66,091.47

0.00

66,091.47

0.00

2-A1A

30/360

562,500.08

0.00

562,500.08

0.00

2-A1B

30/360

86,287.91

0.00

86,287.91

0.00

Act/360

51,172.06

0.00

51,172.06

0.00

Act/360

42,259.03

0.00

42,259.03

0.00

Yes

3,198.29

0.00

Act/360

53,679.60

0.00

56,877.89

0.00

30/360

0.00

16,255.44

0.00

75,659.58

0.00

75,659.58

0.00

30/360

443,858.31

1,807,015.03

2,250,873.34

443,858.31

1,807,015.03

0.00

2,236,334.03

1,807,015.03

0.00

78,857.87

0.00

4,138,462.37

2,331,447.34

1,807,015.03

0.00

(2) Interest Carry-Forward Shortfall is unpaid interest with interest thereon
(3) Basis Risk Carry-Forward Shortfall - difference between LIBOR plus margin and the Net Rate Cap.

Page 9 of 23

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

Structured Asset Securities Corporation

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

27-Dec-05
27-Dec-05

25-Nov-05

25-Jan-06

23-Dec-05

Mortgage Pass-Through Certificates

Series 2005-7XS

ABN AMRO Acct: 722499.2

Other Related Information

Statement Date:

$5,167.69

Certificate Insurance Premium

Insured Payments to Class:

0.00

$0.00

Prior Unpaid Certificate Insurance Premium

Aggregate Certificate Insurance Premium

$5,167.69

1-A2A

1-A3

1-A4A

Page 10 of 23

Structured Asset Securities Corporation

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

27-Dec-05
27-Dec-05

25-Nov-05

25-Jan-06

23-Dec-05

Mortgage Pass-Through Certificates

Series 2005-7XS

ABN AMRO Acct: 722499.2

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

0.66%

0.87%

0.28%

0.24%

989,252

0.23%

0.43%

0.54%

0.00%

27-Dec-05

3,649,959

1,010,026

2,258,617

2,073

413,540,623

98.39%

98.12%

0.65%

0.42%

0.47%

0.23%

1,015,950

0.24%

0.23%

0.28%

0.00%

25-Nov-05

1,814,943

2,035,253

1,205,853

2,107

424,530,550

98.41%

98.59%

0.82%

0.86%

0.27%

0.22%

0.09%

548,587

0.12%

0.27%

0.30%

0.00%

25-Oct-05

3,760,770

965,820

1,329,907

2,158

433,059,900

98.54%

98.50%

0.53%

0.43%

0.18%

0.22%

0.04%

161,539

0.04%

0.35%

0.38%

0.00%

26-Sep-05

1,949,150

1,020,332

1,720,731

2,231

449,150,801

98.89%

98.93%

0.48%

0.43%

0.09%

0.06%

0.00%

0.43%

0.46%

0.00%

25-Aug-05

2,028,117

298,534

2,137,514

2,289

463,880,071

99.01%

99.05%

0.47%

0.45%

0.13%

0.14%

0.00%

0.08%

0.10%

0.00%

25-Jul-05

2,165,493

649,860

487,819

2,341

476,555,336

99.32%

99.31%

0.38%

0.46%

0.04%

0.01%

0.00%

0.08%

0.11%

0.00%

27-Jun-05

2,247,519

71,129

554,472

2,385

485,834,255

99.50%

99.41%

0.08%

0.06%

0.04%

0.08%

0.00%

25-May-05

302,163

395,921

2,448

499,585,474

99.88%

99.86%

0.00%

25-Apr-05

2,489

509,668,315

100.00%

Page 11 of 23

Structured Asset Securities Corporation

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

27-Dec-05
27-Dec-05

25-Nov-05

25-Jan-06

23-Dec-05

Mortgage Pass-Through Certificates

Series 2005-7XS

ABN AMRO Acct: 722499.2

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

Pool 1

0.63%

0.61%

0.32%

0.24%

0.32%

662,052

0.26%

0.71%

0.89%

0.00%

27-Dec-05

1,539,826

599,435

2,258,617

1,242

248,741,195

98.03%

98.01%

0.86%

0.47%

0.70%

0.66%

0.39%

1,015,950

0.39%

0.47%

0.00%

25-Nov-05

1,226,754

1,708,053

1,205,853

1,254

253,196,155

97.66%

98.00%

1.14%

1.16%

0.38%

0.30%

0.15%

548,587

0.21%

0.46%

0.50%

0.00%

25-Oct-05

3,053,579

788,222

1,329,907

1,287

258,581,056

97.87%

97.84%

0.81%

0.65%

0.30%

0.38%

0.07%

161,539

0.06%

0.59%

0.63%

0.00%

26-Sep-05

1,771,552

1,020,332

1,720,731

1,329

267,268,604

98.23%

98.28%

0.65%

0.60%

0.14%

0.11%

0.00%

0.72%

0.76%

0.00%

25-Aug-05

1,691,132

298,534

2,137,514

1,373

278,690,695

98.49%

98.54%

0.77%

0.74%

0.21%

0.22%

0.00%

0.14%

0.17%

0.00%

25-Jul-05

2,165,493

649,860

487,819

1,410

287,549,462

98.88%

98.86%

0.48%

0.58%

0.07%

0.02%

0.00%

0.14%

0.19%

0.00%

27-Jun-05

1,720,646

71,129

554,472

1,442

295,250,461

99.31%

99.21%

0.07%

0.05%

0.07%

0.13%

0.00%

25-May-05

159,063

395,921

1,482

303,685,462

99.87%

99.82%

0.00%

25-Apr-05

1,507

310,335,488

100.00%

Page 12 of 23

Structured Asset Securities Corporation

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

27-Dec-05
27-Dec-05

25-Nov-05

25-Jan-06

23-Dec-05

Mortgage Pass-Through Certificates

Series 2005-7XS

ABN AMRO Acct: 722499.2

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

Pool 2

0.71%

1.26%

0.24%

0.12%

327,200

0.20%

0.00%

27-Dec-05

2,110,133

410,591

831

164,799,427

98.93%

98.30%

0.35%

0.34%

0.12%

0.19%

0.00%

25-Nov-05

588,189

327,200

853

171,334,396

99.53%

99.47%

0.34%

0.40%

0.11%

0.10%

0.00%

25-Oct-05

707,191

177,598

871

174,478,844

99.54%

99.50%

0.11%

0.10%

0.00%

26-Sep-05

177,598

902

181,882,197

99.89%

99.90%

0.22%

0.18%

0.00%

25-Aug-05

336,984

916

185,189,377

99.78%

99.82%

0.00%

25-Jul-05

931

189,005,874

100.00%

0.21%

0.28%

0.00%

27-Jun-05

526,873

943

190,583,794

99.79%

99.72%

0.10%

0.07%

0.00%

25-May-05

143,100

966

195,900,012

99.90%

99.93%

0.00%

25-Apr-05

982

199,332,827

100.00%

Page 13 of 23

Structured Asset Securities Corporation

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

27-Dec-05
27-Dec-05

25-Nov-05

25-Jan-06

23-Dec-05

Mortgage Pass-Through Certificates

Series 2005-7XS

ABN AMRO Acct: 722499.2

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-Dec-05

188,988

132,880

2,069,629

662,052

0.00%

0.05%

0.04%

0.38%

0.49%

0.00%

0.00% 0.05%

0.03% 0.19%

0.16%

0.00%

0.24%

0.23%

980,217

0.00%

25-Nov-05

1,205,853

460,792

0.00%

0.23%

0.28%

0.00%

0.00% 0.00%

0.00% 0.14%

0.11%

0.00%

0.09%

0.08%

337,603

0.00%

25-Oct-05

246,507

1,329,907

0.00%

0.27%

0.30%

0.00%

0.00% 0.05%

0.06% 0.00%

0.00%

-0.00%

0.14%

0.09%

405,624

0.00%

26-Sep-05

246,667

457,505

1,720,731

0.00%

0.35%

0.38%

0.04%

0.05% 0.04%

0.10% 0.00%

0.00%

0.13%

0.09%

406,056

0.00%

25-Aug-05

1,001,273

704,890

1,136,241

0.00%

0.22%

0.21%

0.22%

0.24%

0.09%

0.15% 0.00%

0.00% 0.00%

0.00%

-0.00%

0.26%

0.17%

812,888

0.00%

25-Jul-05

92,577

71,020

395,242

0.00%

0.04%

0.02%

0.04%

0.08%

0.04%

0.01% 0.00%

0.00% 0.00%

0.00%

0.25%

0.16%

781,519

0.00%

27-Jun-05

158,890

71,129

395,582

0.00%

0.04%

0.03%

0.04%

0.08%

0.00%

0.00% 0.04%

0.01% 0.00%

0.00%

0.17%

0.12%

603,719

0.00%

25-May-05

0.00%

0.00% 0.00%

0.00%

0.12%

0.09%

425,774

0.00%

25-Apr-05

0.00%

0.00% 0.00%

0.00%

Page 14 of 23

Structured Asset Securities Corporation

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

27-Dec-05
27-Dec-05

25-Nov-05

25-Jan-06

23-Dec-05

Mortgage Pass-Through Certificates

Series 2005-7XS

ABN AMRO Acct: 722499.2

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 - Pool 1

Current

31 - 60 Days

61 - 90 Days

90 + Days

Balance

27-Dec-05

188,988

132,880

2,069,629

662,052

0.00%

0.08%

0.07%

0.63%

0.82%

0.00%

0.00% 0.08%

0.05% 0.32%

0.26%

0.00%

0.32%

0.28%

710,736

0.00%

25-Nov-05

1,205,853

460,792

0.00%

0.39%

0.47%

0.00%

0.00% 0.00%

0.00% 0.23%

0.18%

0.00%

0.16%

0.13%

337,603

0.00%

25-Oct-05

246,507

1,329,907

0.00%

0.46%

0.50%

0.00%

0.00% 0.08%

0.09% 0.00%

0.00%

-0.00%

0.23%

0.15%

405,624

0.00%

26-Sep-05

246,667

457,505

1,720,731

0.00%

0.59%

0.63%

0.07%

0.09% 0.07%

0.17% 0.00%

0.00%

0.22%

0.15%

406,056

0.00%

25-Aug-05

1,001,273

704,890

1,136,241

0.00%

0.36%

0.35%

0.36%

0.40%

0.14%

0.25% 0.00%

0.00% 0.00%

0.00%

-0.00%

0.36%

0.22%

634,488

0.00%

25-Jul-05

92,577

71,020

395,242

0.00%

0.07%

0.03%

0.07%

0.14%

0.07%

0.02% 0.00%

0.00% 0.00%

0.00%

0.28%

0.17%

495,702

0.00%

27-Jun-05

158,890

71,129

395,582

0.00%

0.07%

0.05%

0.07%

0.13%

0.00%

0.00% 0.07%

0.02% 0.00%

0.00%

0.14%

0.11%

317,784

0.00%

25-May-05

0.00%

0.00% 0.00%

0.00%

0.13%

0.10%

318,122

0.00%

25-Apr-05

0.00%

0.00% 0.00%

0.00%

Page 15 of 23

Structured Asset Securities Corporation

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

27-Dec-05
27-Dec-05

25-Nov-05

25-Jan-06

23-Dec-05

Mortgage Pass-Through Certificates

Series 2005-7XS

ABN AMRO Acct: 722499.2

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 - Pool 2

Current

31 - 60 Days

61 - 90 Days

90 + Days

Balance

27-Dec-05

0.00%

0.00% 0.00%

0.00%

0.12%

0.16%

269,480

0.00%

25-Nov-05

0.00%

0.00% 0.00%

0.00%

25-Oct-05

0.00%

0.00% 0.00%

0.00%

26-Sep-05

0.00%

0.00% 0.00%

0.00%

25-Aug-05

0.00%

0.00% 0.00%

0.00%

0.11%

0.10%

178,400

0.00%

25-Jul-05

0.00%

0.00% 0.00%

0.00%

0.21%

0.15%

285,817

0.00%

27-Jun-05

0.00%

0.00% 0.00%

0.00%

0.21%

0.15%

285,935

0.00%

25-May-05

0.00%

0.00% 0.00%

0.00%

0.10%

0.05%

107,652

0.00%

25-Apr-05

0.00%

0.00% 0.00%

0.00%

Page 16 of 23

Structured Asset Securities Corporation

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

27-Dec-05
27-Dec-05

25-Nov-05

25-Jan-06

23-Dec-05

Mortgage Pass-Through Certificates

Series 2005-7XS

ABN AMRO Acct: 722499.2

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-Dec-05

2,107

83.48%

421,448,477

81.59%

1.59%

1.98%

0.00%

342

6.50%

6.25%

8,540,950

0.00

25-Nov-05

2,141

84.83%

430,602,550

83.36%

2.24%

1.98%

0.00%

343

6.51%

6.25%

8,706,456

0.00

25-Oct-05

2,190

86.77%

439,664,985

85.11%

2.84%

3.08%

0.00%

344

6.51%

6.26%

13,989,185

0.00

26-Sep-05

2,256

89.38%

454,002,553

87.89%

2.42%

2.98%

0.00%

344

6.51%

6.26%

13,966,170

0.00

25-Aug-05

2,312

91.60%

468,344,236

90.67%

1.91%

2.33%

0.00%

345

6.52%

6.26%

11,172,741

0.00

25-Jul-05

2,357

93.38%

479,858,508

92.90%

1.67%

1.74%

0.00%

346

6.52%

6.27%

8,487,066

0.00

27-Jun-05

2,397

94.97%

488,707,374

94.61%

2.20%

2.24%

0.00%

346

6.53%

6.27%

11,198,516

0.00

25-May-05

2,451

97.11%

500,283,558

96.85%

1.53%

1.76%

0.00%

347

6.53%

6.28%

8,991,550

0.00

25-Apr-05

2,489

98.61%

509,668,315

98.67%

1.39%

1.27%

0.00%

347

6.54%

6.28%

6,535,971

0.00

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

Page 17 of 23

Structured Asset Securities Corporation

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

27-Dec-05
27-Dec-05

25-Nov-05

25-Jan-06

23-Dec-05

Mortgage Pass-Through Certificates

Series 2005-7XS

ABN AMRO Acct: 722499.2

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

Pool 1

27-Dec-05

1,267

50.20%

253,801,125

49.13%

1.32%

1.54%

0.00%

337

6.62%

6.36%

3,987,479

0.00

25-Nov-05

1,284

50.87%

258,352,765

50.01%

2.36%

2.13%

0.00%

338

6.63%

6.37%

5,635,254

0.00

25-Oct-05

1,315

52.10%

264,301,352

51.17%

2.66%

2.70%

0.00%

339

6.63%

6.38%

7,338,643

0.00

26-Sep-05

1,353

53.61%

271,942,758

52.65%

2.94%

3.73%

0.00%

339

6.63%

6.38%

10,542,170

0.00

25-Aug-05

1,394

55.23%

282,817,874

54.75%

2.24%

2.66%

0.00%

340

6.64%

6.39%

7,733,925

0.00

25-Jul-05

1,426

56.50%

290,852,634

56.31%

1.79%

2.16%

0.00%

340

6.65%

6.39%

6,423,102

0.00

27-Jun-05

1,452

57.53%

297,596,707

57.61%

2.16%

2.08%

0.00%

340

6.65%

6.39%

6,319,367

0.00

25-May-05

1,484

58.80%

304,240,446

58.90%

1.53%

1.85%

0.00%

340

6.66%

6.40%

5,754,359

0.00

25-Apr-05

1,507

59.71%

310,335,488

60.08%

1.57%

1.60%

0.00%

340

6.66%

6.40%

5,040,510

0.00

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

Page 18 of 23

Structured Asset Securities Corporation

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

27-Dec-05
27-Dec-05

25-Nov-05

25-Jan-06

23-Dec-05

Mortgage Pass-Through Certificates

Series 2005-7XS

ABN AMRO Acct: 722499.2

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

Pool 2

27-Dec-05

840

33.28%

167,647,352

32.45%

1.98%

2.64%

0.00%

350

6.32%

6.07%

4,553,471

0.00

25-Nov-05

857

33.95%

172,249,784

33.35%

2.06%

1.75%

0.00%

351

6.32%

6.07%

3,071,201

0.00

25-Oct-05

875

34.67%

175,363,633

33.95%

3.10%

3.65%

0.00%

352

6.32%

6.07%

6,650,542

0.00

26-Sep-05

903

35.78%

182,059,795

35.24%

1.63%

1.85%

0.00%

353

6.33%

6.08%

3,424,000

0.00

25-Aug-05

918

36.37%

185,526,361

35.92%

1.40%

1.82%

0.00%

354

6.32%

6.07%

3,438,816

0.00

25-Jul-05

931

36.89%

189,005,874

36.59%

1.48%

1.08%

0.00%

355

6.33%

6.08%

2,063,964

0.00

27-Jun-05

945

37.44%

191,110,667

37.00%

2.28%

2.49%

0.00%

356

6.34%

6.09%

4,879,149

0.00

25-May-05

967

38.31%

196,043,112

37.95%

1.53%

1.62%

0.00%

357

6.34%

6.09%

3,237,191

0.00

25-Apr-05

982

38.91%

199,332,827

38.59%

1.11%

0.74%

0.00%

358

6.34%

6.09%

1,495,461

0.00

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

Page 19 of 23

Structured Asset Securities Corporation

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

27-Dec-05
27-Dec-05

25-Nov-05

25-Jan-06

23-Dec-05

Mortgage Pass-Through Certificates

Series 2005-7XS

ABN AMRO Acct: 722499.2

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 20 of 23

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

Structured Asset Securities Corporation

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

27-Dec-05
27-Dec-05

25-Nov-05

25-Jan-06

23-Dec-05

Mortgage Pass-Through Certificates

Series 2005-7XS

ABN AMRO Acct: 722499.2

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:

Pool 1

Current Total

Cumulative

Page 21 of 23

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

Structured Asset Securities Corporation

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

27-Dec-05
27-Dec-05

25-Nov-05

25-Jan-06

23-Dec-05

Mortgage Pass-Through Certificates

Series 2005-7XS

ABN AMRO Acct: 722499.2

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:

Pool 2

Current Total

Cumulative

Page 22 of 23

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

Structured Asset Securities Corporation

Substitution Detail History

ABN AMRO Acct: 722499.2

Series 2005-7XS

Mortgage Pass-Through Certificates

23-Dec-05

25-Jan-06

25-Nov-05

27-Dec-05

Record Date:

Next Payment:

Prior Payment:

Payment Date:

Statement Date:

Property ID

Deleted Loan

Qualified Substitute

Scheduled Prin Bal

Per Section 7.01(a)(i) of the Property Management and Lease Servicing Agreement, aggregate Appraised Value of the Qualified Substitute Mortgaged Properties acquired by the
Issuer since the Closing Date in connection with the substitution or exchange pursuant to Section 7.01 is not to exceed 25% of the aggregate Initial Appraised Value of the
Mortgaged Properties.

(A)

Page 23 of 23

Original Property

Filing Compare · Structured Asset Securities Corp. Mortgage Loan Trust 2005-7XS