-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Qr6ibwojV3aayJblNiXhoYowfytsaQVTUhz3KD/lKWsWEIxKtWhqzQbr7OGeFQ3L 7+E8V52mn7Fm24oYZxmA7Q== 0001071787-05-001051.txt : 20051028 0001071787-05-001051.hdr.sgml : 20051028 20051028140727 ACCESSION NUMBER: 0001071787-05-001051 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20051025 ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20051028 DATE AS OF CHANGE: 20051028 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CWABS INC ASSET BACKED CERTIFICATES SERIES 2005-5 CENTRAL INDEX KEY: 0001331105 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-125164-02 FILM NUMBER: 051162566 BUSINESS ADDRESS: STREET 1: 4500 PARK GRANADA CITY: CALABASAS STATE: CA ZIP: 91302 BUSINESS PHONE: (818) 225-4898 MAIL ADDRESS: STREET 1: 4500 PARK GRANADA CITY: CALABASAS STATE: CA ZIP: 91302 8-K 1 cwa0505_8k0510.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 25, 2005 CWA (Depositor) (Issuer in respect of Asset-Backed Securities, Series 2005-05) (Exact name of registrant as specified in charter) Delaware 33-63714 95-4449516 (State or other (Commission File No.) (I.R.S. Employer jurisdiction of Identification No.) organization) , , N/A 91110-7137 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, including area code: (818)-304-4428 Not Applicable (Former name, former address and former fiscal year, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions. []Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) []Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) []Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) []Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Section 8 - Other Events Item 8.01 Other Events Section 9 - Financial Statements and Exhibits Item 9.01 Financial Statements and Exhibits SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Dated: October 25, 2005 CWA By: /s/ Maria Tokarz ------------------------------ Name: Maria Tokarz Assistant Treasurer The Bank of New York, as Trustee EXHIBIT INDEX Exhibit 99 Monthly Remittance Statement dated October 25, 2005 Payment Date: 10/25/05 ------------------------------------------------------------ Countrywide Home Loans Servicing LP Asset-Backed Securities, Series 2005-05 ------------------------------------------------------------
Class Information Current Payment Information - ---------------------------------------------------------------------------------------------------------------------------------- Beginning Pass Thru Principal Interest Total Principal Interest Type Class Code Name Cert. Bal. Rate Dist. Amt. Dist. Amt. Dist. Losses Shortfalls - ---------------------------------------------------------------------------------------------------------------------------------- Senior 1A 323,234,270.72 4.070000% 8,090,319.93 1,059,759.47 9,150,079.40 0.00 0.00 2A1 124,377,105.13 3.910000% 9,766,653.61 391,753.33 10,158,406.94 0.00 0.00 2A2 141,165,000.00 4.060000% 0.00 461,687.98 461,687.98 0.00 0.00 2A3 29,978,000.00 4.190000% 0.00 101,184.08 101,184.08 0.00 0.00 P 100.00 0.000000% 0.00 225,530.98 225,530.98 0.00 0.00 C 772,754,375.85 0.000000% 0.00 1,948,387.11 1,948,387.11 0.00 0.00 Residual AR 0.00 0.000000% 0.00 0.00 0.00 0.00 0.00 - ---------------------------------------------------------------------------------------------------------------------------------- Subordinate M1 26,800,000.00 4.290000% 0.00 92,616.33 92,616.33 0.00 0.00 M2 23,600,000.00 4.320000% 0.00 82,128.00 82,128.00 0.00 0.00 M3 14,400,000.00 4.330000% 0.00 50,228.00 50,228.00 0.00 0.00 M4 53,200,000.00 4.630000% 0.00 198,421.22 198,421.22 0.00 0.00 M5 8,000,000.00 4.730000% 0.00 30,482.22 30,482.22 0.00 0.00 M6 10,800,000.00 4.980000% 0.00 43,326.00 43,326.00 0.00 0.00 M7 5,600,000.00 5.580000% 0.00 25,172.00 25,172.00 0.00 0.00 - ---------------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------------- Totals - - 761,154,475.85 - 17,856,973.54 4,710,676.73 22,567,650.27 - - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information - -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest - -------------------------------------------------------------------------------- Senior 1A 315,143,950.79 0.00 2A1 114,610,451.52 0.00 2A2 141,165,000.00 0.00 2A3 29,978,000.00 0.00 P 100.00 0.00 C 754,897,402.31 0.00 Residual AR 0.00 0.00 - -------------------------------------------------------------------------------- Subordinate M1 26,800,000.00 0.00 M2 23,600,000.00 0.00 M3 14,400,000.00 0.00 M4 53,200,000.00 0.00 M5 8,000,000.00 0.00 M6 10,800,000.00 0.00 M7 5,600,000.00 0.00 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Totals - - 743,297,502.31 - - --------------------------------------------------------------------------------
Payment Date: 10/25/05 ------------------------------------------------------------ Countrywide Home Loans Servicing LP Asset-Backed Securities, Series 2005-05 ------------------------------------------------------------
Class Information Current Payment Information Factors per $1,000 - ------------------------------------------------------------------------------------------------------------------------ Beginning Pass Thru CUSIP Principal Interest Ending Cert./ Type Class Code Name Cert. Bal.(Face) Rate Numbers Dist. Dist. Notional Bal. - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ Senior 1A 323,234,270.72 4.070000% 126673U42 23.968833 3.139702 933.663030 2A1 124,377,105.13 3.910000% 126673U59 71.122279 2.852808 834.610998 2A2 141,165,000.00 4.060000% 126673U67 0.000000 3.270556 1,000.000000 2A3 29,978,000.00 4.190000% 126673U75 0.000000 3.375278 1,000.000000 P 100.00 0.000000% 126673V82 0.000000 2,255,309.800000 1,000.000000 C 772,754,375.85 0.000000% 126673V74 0.000000 2.436161 943.884059 Residual AR 0.00 0.000000% 126673V90 0.000000 0.000000 0.000000 - ------------------------------------------------------------------------------------------------------------------------ Subordinate M1 26,800,000.00 4.290000% 126673U83 0.000000 3.455833 1,000.000000 M2 23,600,000.00 4.320000% 126673U91 0.000000 3.480000 1,000.000000 M3 14,400,000.00 4.330000% 126673V25 0.000000 3.488056 1,000.000000 M4 53,200,000.00 4.630000% 126673V33 0.000000 3.729722 1,000.000000 M5 8,000,000.00 4.730000% 126673V41 0.000000 3.810278 1,000.000000 M6 10,800,000.00 4.980000% 126673V58 0.000000 4.011667 1,000.000000 M7 5,600,000.00 5.580000% 126673V66 0.000000 4.495000 1,000.000000 - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ Totals - - 761,154,475.85 - - - - - - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------ Countrywide Home Loans Servicing LP Asset-Backed Securities, Series 2005-05 ------------------------------------------------------------ - -------------------------------------------------------------------------------- COLLATERAL INFORMATION - -------------------------------------------------------------------------------- Total ----- Prin balance 395,608,950.79 359,288,451.52 754,897,402.31 Loan count 3022 1502 4524 Avg loan rate 7.558447% 7.382168% 7.47 Prepay amount 7,833,725.27 9,550,079.09 17,383,804.36 - -------------------------------------------------------------------------------- FEES AND ADVANCES - -------------------------------------------------------------------------------- Total ----- Master serv fees 164,466.51 147,779.13 312,245.64 Sub servicer fees 8.90 17.07 25.97 Trustee fees 3,027.74 2,767.91 5,795.66 Agg advances N/A N/A N/A Adv this period 117,147.98 94,511.04 211,659.02 - -------------------------------------------------------------------------------- LOSSES & INSURANCE COVERAGES - -------------------------------------------------------------------------------- Total ----- Realized losses 0.00 0.00 0.00 Cumulative losses 0.00 0.00 0.00 Coverage Amounts Total - ---------------- ----- Bankruptcy 0.00 0.00 0.00 Fraud 8,360,000.00 7,640,000.00 16,000,000.00 Special Hazard 0.00 0.00 0.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 81.291577% 100.000000% 618,754,475.85 ----------------------------------------------------------------------------- Junior 18.708423% 0.000000% 142,400,000.00 ----------------------------------------------------------------------------- - -------------------------------------------------------------------------------- DELINQUENCY INFORMATION - -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance - ------ ---------- --------------------- 30 to 59 days 115 17,269,130.06 60 to 89 days 25 4,200,667.82 90 or more 5 1,148,074.77 Foreclosure 25 4,355,450.90 Totals: 170 26,973,323.55 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- REO INFORMATION - -------------------------------------------------------------------------------- REO Date Loan Number Ending Stated Balance Book Value -------- ----------- --------------------- ---------- N/A # 0 N/A Totals: 0 N/A Current Total Outstanding Balance: 52,305.05 Current Total Outstanding Number of Loans: 1 - -------------------------------------------------------------------------------- OTHER INFORMATION - -------------------------------------------------------------------------------- Amount/Withdrawal Total/Ending Bal. ----------------- ----------------- Available remittance amount 22,567,650.27 22,567,650.27 Principal remittance amount 17,856,973.54 17,856,973.54 Interest remittance amount 4,710,676.73 4,710,676.73 -----END PRIVACY-ENHANCED MESSAGE-----