					Payment Date:	December 27, 2005
					Record Date:	November 30, 2005

Trustee's Report to Certificateholders
Payment Summary
		Certificate	Interest	Original	Beginning	Principal
Class	CUSIP	Interest Rate *	Type	Balance	Balance	Paid
A1	86359DPM3	4.293750%	Variable	$ 250,000,000.00	$ 207,428,365.44	$ 17,526,651.96
A2	86359DPN1	4.433750%	Variable	$ 179,169,000.00	$ 179,169,000.00	$ -
M1	86359DPP6	5.000000%	Variable	$ 37,494,000.00	$ 37,494,000.00	$ -
M2	86359DPQ4	5.000000%	Variable	$ 32,536,000.00	$ 32,536,000.00	$ -
M3	86359DPR2	5.000000%	Variable	$ 14,254,000.00	$ 14,254,000.00	$ -
M4	86359DPS0	5.250000%	Variable	$ 30,367,000.00	$ 30,367,000.00	$ -
M5	86359DPT8	5.250000%	Variable	$ 10,536,000.00	$ 10,536,000.00	$ -
M6	86359DPU5	5.250000%	Variable	$ 11,155,000.00	$ 11,155,000.00	$ -
M7	86359DPV3	6.000000%	Variable	$ 9,916,000.00	$ 9,916,000.00	$ -
M8	86359DPW1	6.000000%	Variable	$ 9,916,000.00	$ 9,916,000.00	$ -
B1	86359DPX9	6.000000%	Variable	$ 9,916,000.00	$ 9,916,000.00	$ -
B2	86359DPY7	7.000000%	Variable	$ 6,197,000.00	$ 6,197,000.00	$ -
B3	86359DPZ4	7.000000%	Variable	$ 12,085,000.00	$ 12,085,000.00	$ -
B4	86359DQA8	7.000000%	Variable	$ 6,197,000.00	$ 6,197,000.00	$ -
P		0.000000%	N/A	$ -	$ -	$ -
X		4.462738%	Variable	$ -	$ -	$ -
R		0.000000%	N/A	$ -	$ -	$ -
			Totals:	$ 619,738,000.00	$ 577,166,365.44	$ 17,526,651.96
	* Certificate Interest Rate for the LIBOR Certificates reflect the application of the Net Funds Cap.

Distributions Per Certificate
	Beginning	Principal	Interest	Ending
Class	Cert. Factor	Distribution	Distribution	Cert. Factor
A1	829.71346176	70.10660784	3.16673971	759.60685392
A2	1,000.00000000	0.00000000	3.94111111	1,000.00000000
M1	1,000.00000000	0.00000000	4.16666667	1,000.00000000
M2	1,000.00000000	0.00000000	4.16666667	1,000.00000000
M3	1,000.00000000	0.00000000	4.16666667	1,000.00000000
M4	1,000.00000000	0.00000000	4.37500000	1,000.00000000
M5	1,000.00000000	0.00000000	4.37500000	1,000.00000000
M6	1,000.00000000	0.00000000	4.37500000	1,000.00000000
M7	1,000.00000000	0.00000000	5.00000000	1,000.00000000
M8	1,000.00000000	0.00000000	5.00000000	1,000.00000000
B1	1,000.00000000	0.00000000	5.00000000	1,000.00000000
B2	1,000.00000000	0.00000000	5.83333333	1,000.00000000
B3	1,000.00000000	0.00000000	5.83333333	1,000.00000000
B4	1,000.00000000	0.00000000	5.83333333	1,000.00000000
P	NA	NA	NA	NA
R	NA	NA	NA	NA

Mortgage Loan Activity for related Payment Date:
# of Mortgage	Beginning Agg Sched	Principal Remittance	Current	Interest Remittance	Ending Agg Sched	Realized Loss
Loans	Principal Balance	Amount	Realized Loss	Amount	Principal Balance	Since Cutoff
12,307	577,166,365.44	17,508,186.05	18,465.91	4,519,061.97	559,639,713.48	18,465.91

Aggregate Delinquency information for related Payment Date:
	Current	One Month	Two Months	3 Months +	Bankruptcy	Foreclosures
# of Loans	11,956	136	134	50	28	3
Agg Prin Balance	542,499,804.73	6,688,862.79	6,290,203.58	2,809,208.69	1,220,636.37	130,997.32

REO Property and Substitution of Mortgage Loans Information
	REO	Deleted	Qualifying Substitute
	Property	Mortgage Loan	Mortgage Loan
Loan Number	N/A	N/A	N/A
Sched. Prin. Balance	N/A	N/A	N/A
Loan Number	N/A	N/A	N/A
Sched. Prin. Balance	N/A	N/A	N/A

Aggregate Overcollateralization Release Amount		0.00
Principal Distribution Amount		17,508,186.05
Shortfalls	Principal	0.00
	Interest	18,463.20
Ending Overcollateralization Amount		0.00
Overcollateralization Deficiency		0.00

Aggregate Class P Distribution		212,890.84
Aggregate Class X Distribution		2,127,988.91
Aggregate Class R Distribution		0.00

LIBOR Rate

4.19375%

Structured Asset Securities Corporation

Mortgage Pass-Through Certificates

Series 2005-S5

Structured Asset Securities Corp 2005-S5 8-K