8-K 1 ar050212.htm 8K3 


                                      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):  December 27, 2005
                          (Date of earliest event reported):

                  Argent Securities Inc. (as Depositor under the Pooling
         and Servicing Agreement, dated as September 1, 2005, providing for the
          issuance of Asset-Backed Pass-Through Certificates, Series 2005-W2)
                 (Exact name of registrant as specified in charter)


                                       DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-112237-06                        77-0599834
          (Commission File Number)        (I.R.S. Employer Identification No.)


          1100 TOWN & COUNTRY ROAD, SUITE 1100
          ORANGE, CALIFORNIA                              92868
          (Address of principal executive offices)     (Zip Code)


         Registrant's Telephone Number, Including Area Code:  (714) 541-9960


(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(b) under the Exchange Act
(17 CFR 240.14a-12(b))

[  ] 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))


     Item 8.01  Other Events

     Attached hereto is a copy of the Monthly Remittance Statements to the
     Certificateholders which was derived from the monthly information
     submitted by the Master Servicer of the Trust to the Trustee.


     Item 9.01 Financial Statements and Exhibits

     (c) Exhibits:

     Exhibit No. Description

     99.1 Monthly Remittance Statement to the Certificateholders dated as of
     December 27, 2005.

                                    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.


                                  Deutsche Bank National Trust Company,
                                  in its capacity as Indenture Trustee under
                                  the Pooling and Servicing Agreement on
                                  behalf of Argent Securities Inc., Registrant


          Date:  Dec 29, 2005               By:  /s/  Katherine M. Wannenmacher
                                            Katherine M. Wannenmacher
                                            Vice President


                                   EXHIBIT INDEX

          DOCUMENT

          99.1 Monthly Remittance Statement to the Certificateholders
          dated as of December 27, 2005.
                       
Argent Securities, Inc. 2005-W2
Mortgage Pass-Through Certificates
2005-W2
December 27, 2005 Distribution
External Parties Table of Contents
Page
Seller
1. Certificate Payment Report 2
Argent Mortgage Co.,LLC
2. Collection Account Report 6
3. Credit Enhancement Report 8
4. Collateral Report 9
Certificate Insurer(s) 5. Delinquency Report 12
6. REO Report 15
7. Foreclosure Report 16
8. Prepayment Report 18
9. Prepayment Detail Report 21
10. Realized Loss Report 26
11. Realized Loss Detail Report 29
Servicer(s)
12. Triggers and Adj. Cert. Report 30
Ameriquest Mortgage Corp
13. Additional Certificate Report 31
Underwriter(s)
Merrill Lynch
Morgan Stanley & Co. Inc
BNP Paribas
Deutsche Bank Securities
Total Number of Pages 31
Banc of America Securities Ltd
Citigroup Glbl Mrkts Inc
Fenner & Smith Inc
Dates Contacts
Pierce
Cut-Off Date: September 01, 2005 Valerie Delgado
Close Date: September 27, 2005 Administrator
First Distribution Date: October 25, 2005 (714) 247-6273
valerie.m.delgado@db.com
Address:
1761 East St. Andrew Place, Santa Ana, CA 92705
Distribution Date: December 27, 2005
Factor Information: (800) 735-7777
Record Date: November 30, 2005
Main Phone Number: (714) 247-6000
December 23, 2005
https://www.tss.db.com/invr
Page 1 of 31
Argent Securities, Inc. 2005-W2
Mortgage Pass-Through Certificates
2005-W2
December 27, 2005 Distribution
Certificate Payment Report
Current Period Distribution - REMIC-V
Prior Current
Class Original Principal Total Realized Deferred Principal
Class Type Cur Face Value Balance Interest Principal Distribution Loss Interest Balance
(1) (2) (3) (4)=(2)+(3) (5) (6) (7)=(1)-(3)-(5)+(6)
A-1 FLT,STEP $ 1,351,319,000.00 1,318,164,593.04 5,218,467.17 24,457,419.65 29,675,886.82 0.00 0.00 1,293,707,173.39
A-2A FLT,STEP $ 368,598,000.00 338,150,941.97 1,296,621.00 15,691,829.57 16,988,450.57 0.00 0.00 322,459,112.40
A-2B1 FLT,STEP $ 280,000,000.00 280,000,000.00 1,093,555.56 0.00 1,093,555.56 0.00 0.00 280,000,000.00
A-2B2 FLT,STEP $ 122,926,000.00 122,926,000.00 486,650.38 0.00 486,650.38 0.00 0.00 122,926,000.00
A-2C FLT,STEP $ 75,782,000.00 75,782,000.00 306,748.70 0.00 306,748.70 0.00 0.00 75,782,000.00
M-1 MEZ,STEP,FL $ 90,750,000.00 90,750,000.00 377,822.50 0.00 377,822.50 0.00 0.00 90,750,000.00
M-2 MEZ,STEP,FL $ 79,750,000.00 79,750,000.00 333,443.61 0.00 333,443.61 0.00 0.00 79,750,000.00
M-3 MEZ,STEP,FL $ 55,000,000.00 55,000,000.00 230,938.89 0.00 230,938.89 0.00 0.00 55,000,000.00
M-4 MEZ,STEP,FL $ 41,250,000.00 41,250,000.00 176,137.50 0.00 176,137.50 0.00 0.00 41,250,000.00
M-5 MEZ,STEP,FL $ 41,250,000.00 41,250,000.00 177,970.83 0.00 177,970.83 0.00 0.00 41,250,000.00
M-6 MEZ,STEP,FL $ 37,000,000.00 37,000,000.00 161,607.78 0.00 161,607.78 0.00 0.00 37,000,000.00
M-7 MEZ,STEP,FL $ 38,625,000.00 38,625,000.00 186,902.08 0.00 186,902.08 0.00 0.00 38,625,000.00
M-8 MEZ,STEP,FL $ 27,500,000.00 27,500,000.00 137,958.33 0.00 137,958.33 0.00 0.00 27,500,000.00
M-9 MEZ,STEP,FL $ 16,500,000.00 16,500,000.00 87,175.00 0.00 87,175.00 0.00 0.00 16,500,000.00
M-10 MEZ,STEP,FL $ 27,500,000.00 27,500,000.00 163,625.00 0.00 163,625.00 0.00 0.00 27,500,000.00
M-11 MEZ,STEP,FL $ 13,750,000.00 13,750,000.00 81,812.50 0.00 81,812.50 0.00 0.00 13,750,000.00
M-12 MEZ,STEP,FL $ 30,250,000.00 30,250,000.00 179,987.50 0.00 179,987.50 0.00 0.00 30,250,000.00
M-13 MEZ,STEP,FL $ 13,750,000.00 13,750,000.00 81,812.50 0.00 81,812.50 0.00 0.00 13,750,000.00
CE SUB $ 38,508,956.34 38,500,126.79 5,367,083.29 0.00 5,367,083.29 0.00 0.00 38,500,126.79
P SUB $ 100.00 100.00 340,538.96 0.00 340,538.96 0.00 0.00 100.00
R R $ 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
R-X R $ 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total 2,750,009,056.34 2,686,398,761.80 16,486,859.08 40,149,249.22 56,636,108.30 0.00 0.00 2,646,249,512.58
Page 2 of 31
Argent Securities, Inc. 2005-W2
Mortgage Pass-Through Certificates
2005-W2
December 27, 2005 Distribution
Interest Accrual Detail Current Period Factor Information per $1,000 of Original Face-
Orig. Principal Prior Current
Period Period (with Notional) Principal Total Principal
Class Starting Ending Method Cusip Balance Balance Interest Principal Distribution Balance
(1) (1) (2) (3) (4)=(2)+(3) (5)
A-1 11/25/05 12/26/05 A-Act/360 040104NW7 1,351,319,000.00 975.465151 3.861758 18.098924 21.960682 957.366228
A-2A 11/25/05 12/26/05 A-Act/360 040104MZ1 368,598,000.00 917.397658 3.517710 42.571662 46.089373 874.825996
A-2B1 11/25/05 12/26/05 A-Act/360 040104NA5 280,000,000.00 1,000.000000 3.905556 0.000000 3.905556 1,000.000000
A-2B2 11/25/05 12/26/05 A-Act/360 040104NB3 122,926,000.00 1,000.000000 3.958889 0.000000 3.958889 1,000.000000
A-2C 11/25/05 12/26/05 A-Act/360 040104NC1 75,782,000.00 1,000.000000 4.047778 0.000000 4.047778 1,000.000000
M-1 11/25/05 12/26/05 A-Act/360 040104ND9 90,750,000.00 1,000.000000 4.163333 0.000000 4.163333 1,000.000000
M-2 11/25/05 12/26/05 A-Act/360 040104NE7 79,750,000.00 1,000.000000 4.181111 0.000000 4.181111 1,000.000000
M-3 11/25/05 12/26/05 A-Act/360 040104NF4 55,000,000.00 1,000.000000 4.198889 0.000000 4.198889 1,000.000000
M-4 11/25/05 12/26/05 A-Act/360 040104NG2 41,250,000.00 1,000.000000 4.270000 0.000000 4.270000 1,000.000000
M-5 11/25/05 12/26/05 A-Act/360 040104NH0 41,250,000.00 1,000.000000 4.314444 0.000000 4.314444 1,000.000000
M-6 11/25/05 12/26/05 A-Act/360 040104NJ6 37,000,000.00 1,000.000000 4.367778 0.000000 4.367778 1,000.000000
M-7 11/25/05 12/26/05 A-Act/360 040104NK3 38,625,000.00 1,000.000000 4.838889 0.000000 4.838889 1,000.000000
M-8 11/25/05 12/26/05 A-Act/360 040104NL1 27,500,000.00 1,000.000000 5.016667 0.000000 5.016667 1,000.000000
M-9 11/25/05 12/26/05 A-Act/360 040104NM9 16,500,000.00 1,000.000000 5.283333 0.000000 5.283333 1,000.000000
M-10 11/25/05 12/26/05 A-Act/360 040104NN7 27,500,000.00 1,000.000000 5.950000 0.000000 5.950000 1,000.000000
M-11 11/25/05 12/26/05 A-Act/360 040104NP2 13,750,000.00 1,000.000000 5.950000 0.000000 5.950000 1,000.000000
M-12 11/25/05 12/26/05 A-Act/360 040104NQ0 30,250,000.00 1,000.000000 5.950000 0.000000 5.950000 1,000.000000
M-13 11/25/05 12/26/05 A-Act/360 040104NR8 13,750,000.00 1,000.000000 5.950000 0.000000 5.950000 1,000.000000
CE 11/25/05 12/24/05 F-30/360 040104NS6 38,508,956.34 999.770714 139.372338 0.000000 139.372338 999.770714
P 11/25/05 12/24/05 F-30/360 040104NT4 100.00 1,000.000000 3,405,389.600000 0.000000 3,405,389.600000 1,000.000000
R 11/25/05 12/24/05 F-30/360 040104NU1 0.00 0.000000 0.000000 0.000000 0.000000 0.000000
R-X 11/25/05 12/24/05 F-30/360 040104NV9 0.00 0.000000 0.000000 0.000000 0.000000 0.000000
Page 3 of 31
Argent Securities, Inc. 2005-W2
Mortgage Pass-Through Certificates
2005-W2
December 27, 2005 Distribution
Distribution to Date - REMIC-V
Current
Original Unscheduled Scheduled Total Total Realized Deferred Principal
Class Face Value Interest Principal Principal Principal Distribution Loss Interest Balance
(1) (2) (3) (4) (5)=(3)+(4) (6)=(2)+(5) (7) (8) (9)=(1)-(5)-(7)+(8)
A-1 1,351,319,000.00 14,475,978.37 54,386,010.30 3,225,816.31 57,611,826.61 72,087,804.98 0.00 0.00 1,293,707,173.39
A-2A 368,598,000.00 3,709,502.72 43,483,059.86 2,655,827.74 46,138,887.60 49,848,390.32 0.00 0.00 322,459,112.40
A-2B1 280,000,000.00 2,992,908.33 0.00 0.00 0.00 2,992,908.33 0.00 0.00 280,000,000.00
A-2B2 122,926,000.00 1,332,594.67 0.00 0.00 0.00 1,332,594.67 0.00 0.00 122,926,000.00
A-2C 75,782,000.00 840,680.26 0.00 0.00 0.00 840,680.26 0.00 0.00 75,782,000.00
M-1 90,750,000.00 1,036,547.76 0.00 0.00 0.00 1,036,547.76 0.00 0.00 90,750,000.00
M-2 79,750,000.00 914,937.42 0.00 0.00 0.00 914,937.42 0.00 0.00 79,750,000.00
M-3 55,000,000.00 633,771.88 0.00 0.00 0.00 633,771.88 0.00 0.00 55,000,000.00
M-4 41,250,000.00 483,670.57 0.00 0.00 0.00 483,670.57 0.00 0.00 41,250,000.00
M-5 41,250,000.00 488,884.11 0.00 0.00 0.00 488,884.11 0.00 0.00 41,250,000.00
M-6 37,000,000.00 444,125.91 0.00 0.00 0.00 444,125.91 0.00 0.00 37,000,000.00
M-7 38,625,000.00 515,378.20 0.00 0.00 0.00 515,378.20 0.00 0.00 38,625,000.00
M-8 27,500,000.00 380,838.71 0.00 0.00 0.00 380,838.71 0.00 0.00 27,500,000.00
M-9 16,500,000.00 241,015.73 0.00 0.00 0.00 241,015.73 0.00 0.00 16,500,000.00
M-10 27,500,000.00 453,828.30 0.00 0.00 0.00 453,828.30 0.00 0.00 27,500,000.00
M-11 13,750,000.00 226,914.15 0.00 0.00 0.00 226,914.15 0.00 0.00 13,750,000.00
M-12 30,250,000.00 499,211.13 0.00 0.00 0.00 499,211.13 0.00 0.00 30,250,000.00
M-13 13,750,000.00 226,914.15 0.00 0.00 0.00 226,914.15 0.00 0.00 13,750,000.00
CE 38,508,956.34 17,004,672.66 8,047.35 782.20 8,829.55 17,013,502.21 0.00 0.00 38,500,126.79
P 100.00 768,436.46 0.00 0.00 0.00 768,436.46 0.00 0.00 100.00
R 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
R-X 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total 2,750,009,056.34 47,670,811.49 97,877,117.51 5,882,426.25 103,759,543.76 151,430,355.25 0.00 0.00 2,646,249,512.58
Page 4 of 31
Argent Securities, Inc. 2005-W2
Mortgage Pass-Through Certificates
2005-W2
December 27, 2005 Distribution
Interest Detail - REMIC-V
Pass Prior Principal Non- Prior Unscheduled Paid or Current
Through (with Notional) Accrued Supported Unpaid Interest Optimal Deferred Unpaid
Class Rate Balance Interest Interest SF Interest Adjustment Interest Interest Interest
(1) (2) (3) (4) (5)=(1)-(2)+(3)+(4) (6) (7)=(5)-(6)
A-1 4.45375% 1,318,164,593.04 5,218,467.17 0.00 0.00 0.00 5,218,467.17 5,218,467.17 0.00
A-2A 4.31375% 338,150,941.97 1,296,621.00 0.00 0.00 0.00 1,296,621.00 1,296,621.00 0.00
A-2B1 4.39375% 280,000,000.00 1,093,555.56 0.00 0.00 0.00 1,093,555.56 1,093,555.56 0.00
A-2B2 4.45375% 122,926,000.00 486,650.38 0.00 0.00 0.00 486,650.38 486,650.38 0.00
A-2C 4.55375% 75,782,000.00 306,748.70 0.00 0.00 0.00 306,748.70 306,748.70 0.00
M-1 4.68375% 90,750,000.00 377,822.50 0.00 0.00 0.00 377,822.50 377,822.50 0.00
M-2 4.70375% 79,750,000.00 333,443.61 0.00 0.00 0.00 333,443.61 333,443.61 0.00
M-3 4.72375% 55,000,000.00 230,938.89 0.00 0.00 0.00 230,938.89 230,938.89 0.00
M-4 4.80375% 41,250,000.00 176,137.50 0.00 0.00 0.00 176,137.50 176,137.50 0.00
M-5 4.85375% 41,250,000.00 177,970.83 0.00 0.00 0.00 177,970.83 177,970.83 0.00
M-6 4.91375% 37,000,000.00 161,607.78 0.00 0.00 0.00 161,607.78 161,607.78 0.00
M-7 5.44375% 38,625,000.00 186,902.08 0.00 0.00 0.00 186,902.08 186,902.08 0.00
M-8 5.64375% 27,500,000.00 137,958.33 0.00 0.00 0.00 137,958.33 137,958.33 0.00
M-9 5.94375% 16,500,000.00 87,175.00 0.00 0.00 0.00 87,175.00 87,175.00 0.00
M-10 6.42522% 27,500,000.00 157,060.97 0.00 0.00 0.00 157,060.97 163,625.00 0.00
M-11 6.42522% 13,750,000.00 78,530.49 0.00 0.00 0.00 78,530.49 81,812.50 0.00
M-12 6.42522% 30,250,000.00 172,767.07 0.00 0.00 0.00 172,767.07 179,987.50 0.00
M-13 6.42522% 13,750,000.00 78,530.49 0.00 0.00 0.00 78,530.49 81,812.50 0.00
CE 167.28516% 38,500,126.79 0.00 0.00 0.00 0.00 0.00 5,367,083.29 0.00
P 0.00000% 100.00 0.00 0.00 0.00 0.00 0.00 340,538.96 0.00
R 0.00000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
R-X 0.00000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total 2,686,398,761.80 10,758,888.35 0.00 0.00 0.00 10,758,888.35 16,486,859.08 0.00
Page 5 of 31
Argent Securities, Inc. 2005-W2
Mortgage Pass-Through Certificates
2005-W2
December 27, 2005 Distribution
Collection Account Report
SUMMARY
Group 2 Group 1 Total
Principal Collections 15,691,829.57 24,457,419.65 40,149,249.22
Principal Withdrawals 0.00 0.00 0.00
Principal Other Accounts 0.00 0.00 0.00
TOTAL NET PRINCIPAL 15,691,829.57 24,457,419.65 40,149,249.22
Interest Collections 5,807,837.46 9,718,479.11 15,526,316.56
Interest Withdrawals -0.00 -0.00 -0.00
Interest Fees -29,936.91 -80,197.81 -182,113.77
Interest Other Accounts 108,209.61 232,329.35 1,142,656.29
TOTAL NET INTEREST 5,886,110.16 9,870,610.65 16,486,859.08
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION 21,577,939.73 34,328,030.30 56,636,108.30
PRINCIPAL - COLLECTIONS
Group 2 Group 1 Total
Scheduled Principal Received 693,005.28 1,255,497.73 1,948,503.01
Curtailments 28,370.83 55,429.54 83,800.37
Prepayments In Full 14,742,453.46 22,666,660.13 37,409,113.59
Repurchased/Substitutions 228,000.00 479,832.25 707,832.25
Liquidations 0.00 0.00 0.00
Insurance Principal 0.00 0.00 0.00
Other Additional Principal 0.00 0.00 0.00
Delinquent Principal -580,738.31 -1,061,814.73 -1,642,553.04
Realized Losses -0.00 -0.00 -0.00
Advanced Principal 580,738.31 1,061,814.73 1,642,553.04
TOTAL PRINCIPAL COLLECTED 15,691,829.57 24,457,419.65 40,149,249.22
PRINCIPAL - WITHDRAWALS
SPACE INTENTIONALLY LEFT BLANK
PRINCIPAL - OTHER ACCOUNTS
Group 2 Group 1 Total
TOTAL PRINCIPAL OTHER ACCOUNTS 0.00 0.00 0.00
Page 6 of 31
Argent Securities, Inc. 2005-W2
Mortgage Pass-Through Certificates
2005-W2
December 27, 2005 Distribution
INTEREST - COLLECTIONS
Group 2 Group 1 Total
Scheduled Interest 6,163,576.93 10,297,327.29 16,460,904.22
Repurchased/Substitution Interest 1,178.00 3,132.39 4,310.39
Liquidation Interest 0.00 0.00 0.00
Insurance Interest 0.00 0.00 0.00
Other Additional Interest 0.00 0.00 0.00
Prepayment Interest Shortfalls -17,934.00 -30,987.09 -48,921.09
Delinquent Interest -5,160,948.17 -8,723,310.59 -13,884,258.76
Compensating Interest 17,933.99 30,987.09 48,921.08
Civil Relief Act Shortfalls -0.00 -0.00 -0.00
Interest Advanced 4,804,030.70 8,141,330.02 12,945,360.72
TOTAL INTEREST COLLECTED 5,807,837.46 9,718,479.11 15,526,316.56
INTEREST - WITHDRAWALS
Group 2 Group 1 Total
Non-Recoverable Advances 0.00 0.00 0.00
TOTAL INTEREST WITHDRAWALS 0.00 0.00 0.00
INTEREST - OTHER ACCOUNTS
Group 2 Group 1 Total
Prepayment Charges 108,209.61 232,329.35 340,538.96
SWAP Payment Received from CITI 1,109,733.33
SWAP Amount Paid to CITI -1,092,933.33
SWAP Payment Received from BARCLAY 10,040,682.55
SWAP Amount Paid to BARCLAY -9,255,365.22
TOTAL INTEREST OTHER ACCOUNTS 108,209.61 232,329.35 1,142,656.29
INTEREST - FEES
Group 2 Group 1 Total
Current Servicing Fees 71,979.06 108,455.72 180,434.78
Trustee Fees 643.34 1,035.65 1,679.00
TOTAL INTEREST FEES 29,936.91 80,197.81 182,113.77
Page 7 of 31
Argent Securities, Inc. 2005-W2
Mortgage Pass-Through Certificates
2005-W2
December 27, 2005 Distribution
Credit Enhancement Report
ACCOUNTS
Group 2 Group 1 Total
Net WAC Reserve Account Balance
INSURANCE
SPACE INTENTIONALLY LEFT BLANK
STRUCTURAL FEATURES
Group 2 Group 1 Total
Overcollateralized Amount 38,500,126.79
Overcollateralization Reduction Amount 0.00
Overcollateralization Deficiency Amount 0.00
Overcollateralization Target Amount 38,500,126.79
Page 8 of 31
Argent Securities, Inc. 2005-W2
Mortgage Pass-Through Certificates
2005-W2
December 27, 2005 Distribution
Collateral Report
COLLATERAL
Group 2 Group 1 Total
Loan Count:
Original 4,103 10,987 15,090
Prior 4,012 10,819 14,831
Prefunding 0 0 0
Scheduled Paid Offs -0 -0 -0
Full Voluntary Prepayments -53 -113 -166
Repurchases -1 -3 -4
Liquidations -0 -0 -0
Current 3,958 10,703 14,661
Principal Balance:
Original 1,059,803,022.79 1,690,205,797.00 2,750,008,819.79
Prior 1,029,351,659.85 1,657,047,101.95 2,686,398,761.80
Prefunding 0.00 0.00 0.00
Scheduled Principal -693,005.28 -1,255,497.73 -1,948,503.01
Partial Prepayments -28,370.83 -55,429.54 -83,800.37
Full Voluntary Prepayments -14,742,453.46 -22,666,660.13 -37,409,113.59
Repurchases -228,000.00 -479,832.25 -707,832.25
Liquidations -0.00 -0.00 -0.00
Current 1,013,659,830.28 1,632,589,682.30 2,646,249,512.58
PREFUNDING
Group 2 Group 1 Total
Prefunding Account Beginning Balance 0.00 0.00 0.00
Prefund Release to Certificate Holders 0.00 0.00 0.00
Prefunding Account Ending Balance 0.00 0.00 0.00
Page 9 of 31
Argent Securities, Inc. 2005-W2
Mortgage Pass-Through Certificates
2005-W2
December 27, 2005 Distribution
CHARACTERISTICS
Group 2 Group 1 Total
Weighted Average Coupon Original 7.20194% 7.46808% 7.36551%
Weighted Average Coupon Prior 7.19713% 7.46509% 7.36205%
Weighted Average Coupon Current 7.18676% 7.45938% 7.35492%
Weighted Average Months to Maturity Original 357 355 356
Weighted Average Months to Maturity Prior 356 354 355
Weighted Average Months to Maturity Current 355 353 354
Weighted Avg Remaining Amortization Term Original 357 355 356
Weighted Avg Remaining Amortization Term Prior 356 354 355
Weighted Avg Remaining Amortization Term Current 355 353 354
Weighted Average Seasoning Original 2.04 2.02 2.03
Weighted Average Seasoning Prior 3.04 3.02 3.03
Weighted Average Seasoning Current 4.04 4.02 4.03
Page 10 of 31
Argent Securities, Inc. 2005-W2
Mortgage Pass-Through Certificates
2005-W2
December 27, 2005 Distribution
ARM CHARACTERISTICS
Group 2 Group 1 Total
Weighted Average Margin Original 5.79795% 5.77495% 5.78382%
Weighted Average Margin Prior 5.79855% 5.77595% 5.78465%
Weighted Average Margin Current 5.80081% 5.77637% 5.78573%
Weighted Average Max Rate Original 13.31281% 13.63923% 13.51335%
Weighted Average Max Rate Prior 13.30643% 13.63668% 13.50960%
Weighted Average Max Rate Current 13.29598% 13.63145% 13.50296%
Weighted Average Min Rate Original 7.31281% 7.63923% 7.51335%
Weighted Average Min Rate Prior 7.30643% 7.63668% 7.50960%
Weighted Average Min Rate Current 7.29598% 7.63145% 7.50296%
Weighted Average Cap Up Original 1.00000% 1.00000% 1.00000%
Weighted Average Cap Up Prior 1.00000% 1.00000% 1.00000%
Weighted Average Cap Up Current 1.00000% 1.00000% 1.00000%
Weighted Average Cap Down Original 1.00000% 1.00000% 1.00000%
Weighted Average Cap Down Prior 1.00000% 1.00000% 1.00000%
Weighted Average Cap Down Current 1.00000% 1.00000% 1.00000%
SERVICING FEES & ADVANCES
Group 2 Group 1 Total
Current Servicing Fees 71,979.06 108,455.72 180,434.78
Delinquent Servicing Fees 356,917.47 581,980.57 938,898.04
TOTAL SERVICING FEES 428,896.53 690,436.31 1,119,332.84
Total Servicing Fees 428,896.53 690,436.31 1,119,332.84
Compensating Interest -17,933.99 -30,987.09 -48,921.08
Delinquent Servicing Fees -356,917.47 -581,980.57 -938,898.04
COLLECTED SERVICING FEES 54,045.07 77,468.65 131,513.72
Total Advanced Interest 4,804,030.70 8,141,330.02 12,945,360.72
Total Advanced Principal 580,738.31 1,061,814.73 1,642,553.04
Aggregate Advances with respect to this Distribution 5,384,769.01 9,203,144.75 14,587,913.76
ADDITIONAL COLLATERAL INFORMATION
Group 2 Group 1 Total
Prepayment Interest Shortfall (PPIS) 17,934.00 30,987.09 48,921.09
Compensating Interest -17,933.99 -30,987.09 -48,921.08
Net Prepayment Interest Shortfall (PPIS) 0.00 0.00 0.00
Ending Pool Stated Principal Balance 1,013,659,830.28 1,632,589,682.30 2,646,249,512.58
Weighted Average Net Mortgage Rate 6.861923% 7.148097% 7.006290%
Page 11 of 31
Argent Securities, Inc. 2005-W2
Mortgage Pass-Through Certificates
2005-W2
December 27, 2005 Distribution
Delinquency Report
TOTAL
< 1 PAYMENT 1 PAYMENT 2 PAYMENTS 3+ PAYMENTS TOTAL
DELINQUENT Balance 51,441,817.80 11,006,037.06 118,602.56 62,566,457.42
% Balance 1.94% 0.42% 0.00% 2.36%
# Loans 275 57 1 333
% # Loans 1.88% 0.39% 0.01% 2.27%
FORECLOSURE Balance 0.00 294,037.97 11,040,513.85 414,080.78 11,748,632.60
% Balance 0.00% 0.01% 0.42% 0.02% 0.44%
# Loans 0 1 56 1 58
% # Loans 0.00% 0.01% 0.38% 0.01% 0.40%
BANKRUPTCY Balance 5,683,595.27 1,308,725.14 1,071,150.42 0.00 8,063,470.83
% Balance 0.21% 0.05% 0.04% 0.00% 0.30%
# Loans 36 9 6 0 51
% # Loans 0.25% 0.06% 0.04% 0.00% 0.35%
REO Balance 0.00 0.00 0.00 0.00 0.00
% Balance 0.00% 0.00% 0.00% 0.00% 0.00%
# Loans 0 0 0 0 0
% # Loans 0.00% 0.00% 0.00% 0.00% 0.00%
TOTAL Balance 5,683,595.27 53,044,580.91 23,117,701.33 532,683.34 82,378,560.85
% Balance 0.21% 2.00% 0.87% 0.02% 3.11%
# Loans 36 285 119 2 442
% # Loans 0.25% 1.94% 0.81% 0.01% 3.01%
Page 12 of 31
Argent Securities, Inc. 2005-W2
Mortgage Pass-Through Certificates
2005-W2
December 27, 2005 Distribution
GROUP 1
< 1 PAYMENT 1 PAYMENT 2 PAYMENTS 3+ PAYMENTS TOTAL
DELINQUENT Balance 29,242,433.13 4,916,134.09 118,602.56 34,277,169.78
% Balance 1.79% 0.30% 0.01% 2.10%
# Loans 191 38 1 230
% # Loans 1.78% 0.36% 0.01% 2.15%
FORECLOSURE Balance 0.00 0.00 5,431,733.18 0.00 5,431,733.18
% Balance 0.00% 0.00% 0.33% 0.00% 0.33%
# Loans 0 0 38 0 38
% # Loans 0.00% 0.00% 0.36% 0.00% 0.36%
BANKRUPTCY Balance 4,332,067.92 1,308,725.14 686,438.50 0.00 6,327,231.56
% Balance 0.27% 0.08% 0.04% 0.00% 0.39%
# Loans 28 9 4 0 41
% # Loans 0.26% 0.08% 0.04% 0.00% 0.38%
REO Balance 0.00 0.00 0.00 0.00 0.00
% Balance 0.00% 0.00% 0.00% 0.00% 0.00%
# Loans 0 0 0 0 0
% # Loans 0.00% 0.00% 0.00% 0.00% 0.00%
TOTAL Balance 4,332,067.92 30,551,158.27 11,034,305.77 118,602.56 46,036,134.52
% Balance 0.27% 1.87% 0.68% 0.01% 2.82%
# Loans 28 200 80 1 309
% # Loans 0.26% 1.87% 0.75% 0.01% 2.89%
Page 13 of 31
Argent Securities, Inc. 2005-W2
Mortgage Pass-Through Certificates
2005-W2
December 27, 2005 Distribution
GROUP 2
< 1 PAYMENT 1 PAYMENT 2 PAYMENTS 3+ PAYMENTS TOTAL
DELINQUENT Balance 22,199,384.67 6,089,902.97 0.00 28,289,287.64
% Balance 2.19% 0.60% 0.00% 2.79%
# Loans 84 19 0 103
% # Loans 2.12% 0.48% 0.00% 2.60%
FORECLOSURE Balance 0.00 294,037.97 5,608,780.67 414,080.78 6,316,899.42
% Balance 0.00% 0.03% 0.55% 0.04% 0.62%
# Loans 0 1 18 1 20
% # Loans 0.00% 0.03% 0.45% 0.03% 0.51%
BANKRUPTCY Balance 1,351,527.35 0.00 384,711.92 0.00 1,736,239.27
% Balance 0.13% 0.00% 0.04% 0.00% 0.17%
# Loans 8 0 2 0 10
% # Loans 0.20% 0.00% 0.05% 0.00% 0.25%
REO Balance 0.00 0.00 0.00 0.00 0.00
% Balance 0.00% 0.00% 0.00% 0.00% 0.00%
# Loans 0 0 0 0 0
% # Loans 0.00% 0.00% 0.00% 0.00% 0.00%
TOTAL Balance 1,351,527.35 22,493,422.64 12,083,395.56 414,080.78 36,342,426.33
% Balance 0.13% 2.22% 1.19% 0.04% 3.59%
# Loans 8 85 39 1 133
% # Loans 0.20% 2.15% 0.99% 0.03% 3.36%
Page 14 of 31
Argent Securities, Inc. 2005-W2
Mortgage Pass-Through Certificates
2005-W2
December 27, 2005 Distribution
REO Report
Loan Number Original Stated Current State &
First
& Principal Principal Paid to Note LTV at Original Payment
Loan Group Balance Balance Date Rate Origination Term Date
TOTAL
Page 15 of 31
Argent Securities, Inc. 2005-W2
Mortgage Pass-Through Certificates
2005-W2
December 27, 2005 Distribution
Foreclosure Report
Loan Number Original Stated Current State &
First
& Principal Principal Paid to Note LTV at Original Payment
Loan Group Balance Balance Date Rate Origination Term Date
81039893 1
117,300.00 117,009.74 01-Aug-2005 8.450% IN - 85.00% 360 01-Sep-2005
81554792 1 74,375.00 74,177.37 01-Aug-2005 8.100% IN - 85.00% 360 01-Sep-2005
81561235 1 87,300.00 87,101.00 01-Aug-2005 8.850% UT - 90.00% 360 01-Sep-2005
81777252 1 225,000.00 224,502.80 01-Aug-2005 9.000% KY - 84.91% 360 01-Sep-2005
81788952 1 90,000.00 89,784.01 01-Aug-2005 8.600% MI - 90.00% 360 01-Sep-2005
81851032 1 68,400.00 68,266.61 01-Aug-2005 9.600% MI - 90.00% 360 01-Sep-2005
81911497 1 104,800.00 104,586.93 01-Aug-2005 9.400% MI - 80.00% 360 01-Sep-2005
81995078 1 405,000.00 404,159.17 01-Aug-2005 9.300% IL - 90.00% 360 01-Sep-2005
82030396 1 80,750.00 80,546.06 01-Aug-2005 8.350% NE - 85.00% 360 01-Sep-2005
82099433 1 117,300.00 117,018.51 01-Aug-2005 8.600% MN - 85.00% 360 01-Sep-2005
82100579 1 91,000.00 90,634.87 01-Aug-2005 6.000% IL - 70.00% 360 01-Sep-2005
82107319 1 101,650.00 101,354.34 01-Aug-2005 7.650% IL - 95.00% 360 01-Sep-2005
82353830 1 153,600.00 153,153.27 01-Aug-2005 7.650% RI - 80.00% 360 01-Sep-2005
82357674 1 133,000.00 132,732.40 01-Aug-2005 9.450% MI - 95.00% 360 01-Sep-2005
82510991 1 124,000.00 124,000.00 01-Aug-2005 7.600% CO - 80.00% 360 01-Sep-2005
82540279 1 209,000.00 208,488.15 01-Aug-2005 8.500% GA - 95.00% 360 01-Sep-2005
82775511 1 85,000.00 84,796.05 01-Aug-2005 8.600% IN - 85.00% 360 01-Sep-2005
82836438 1 207,000.00 206,308.56 01-Aug-2005 6.950% TX - 90.00% 360 01-Sep-2005
82957630 1 197,000.00 196,253.63 01-Aug-2005 6.300% MD - 77.56% 360 01-Sep-2005
82968512 1 121,500.00 121,300.06 01-Aug-2005 10.400% MI - 90.00% 360 01-Sep-2005
82981317 1 154,200.00 153,914.77 01-Aug-2005 9.850% UT - 89.65% 360 01-Sep-2005
83193953 1 182,700.00 182,270.50 01-Aug-2005 8.700% FL - 90.00% 360 01-Sep-2005
83281956 1 343,000.00 341,700.50 01-Aug-2005 6.300% NY - 70.00% 360 01-Sep-2005
83299594 1 133,000.00 132,573.22 01-Aug-2005 7.750% AZ - 95.00% 360 01-Sep-2005
83322834 1 68,000.00 67,875.55 01-Aug-2005 9.900% MI - 85.00% 360 01-Sep-2005
83330910 1 114,750.00 114,471.81 01-Aug-2005 8.550% NV - 85.00% 360 01-Sep-2005
83361196 1 68,400.00 68,229.02 01-Aug-2005 8.400% IN - 90.00% 360 01-Sep-2005
83416552 1 224,000.00 223,428.56 01-Aug-2005 8.300% TX - 80.00% 360 01-Sep-2005
83504399 1 103,500.00 103,252.90 01-Aug-2005 8.625% MI - 90.00% 360 01-Sep-2005
83578476 1 180,000.00 179,598.13 01-Aug-2005 8.950% MN - 90.00% 360 01-Sep-2005
83586552 1 74,700.00 74,554.34 01-Aug-2005 9.600% MI - 90.00% 360 01-Sep-2005
83688879 1 78,300.00 78,150.50 01-Aug-2005 9.700% MI - 90.00% 360 01-Sep-2005
83691311 1 64,400.00 64,262.03 01-Aug-2005 9.150% MI - 70.00% 360 01-Sep-2005
83729350 1 330,000.00 329,383.14 01-Aug-2005 9.800% CA - 57.90% 360 01-Sep-2005
83778753 1 64,600.00 64,485.48 01-Aug-2005 10.050% MI - 85.00% 360 01-Sep-2005
84067396 1 87,750.00 87,532.87 01-Aug-2005 8.450% IN - 90.00% 360 01-Sep-2005
84364314 1 77,000.00 76,778.29 01-Aug-2005 7.700% TN - 70.00% 360 01-Sep-2005
84555275 1 304,000.00 303,098.04 01-Aug-2005 7.550% NY - 80.00% 360 01-Sep-2005
73890071 2 54,571.00 54,404.97 01-Aug-2005 10.850% FL - 20.00% 360 01-May-2005
79654117 2 603,000.00 601,024.99 01-Aug-2005 7.050% NY - 82.60% 360 01-Sep-2005
81069791 2 370,500.00 369,754.57 01-Aug-2005 9.450% NY - 95.00% 360 01-Sep-2005
81628430 2 247,500.00 246,811.94 01-Aug-2005 7.875% IL - 90.00% 360 01-Sep-2005
81649659 2 232,750.00 232,281.70 01-Aug-2005 9.450% OK - 95.00% 360 01-Sep-2005
81791154 2 315,000.00 314,154.64 01-Aug-2005 8.050% GA - 90.00% 360 01-Sep-2005
82092636 2 295,200.00 294,037.97 01-Sep-2005 6.100% MA - 80.00% 360 01-Sep-2005
82334236 2 448,000.00 446,436.46 01-Aug-2005 6.725% NY - 80.00% 360 01-Sep-2005
82340019 2 312,000.00 310,851.54 01-Aug-2005 6.450% CA - 80.00% 360 01-Sep-2005
82616434 2 416,000.00 414,080.78 01-Jul-2005 6.450% CA - 80.00% 360 01-Aug-2005
82957994 2 472,000.00 470,360.67 01-Aug-2005 6.750% FL - 80.00% 360 01-Sep-2005
Page 16 of 31
Argent Securities, Inc. 2005-W2
Mortgage Pass-Through Certificates
2005-W2
December 27, 2005 Distribution
Loan Number Original Stated Current State &
First
& Principal Principal Paid to Note LTV at Original Payment
Loan Group Balance Balance Date Rate Origination Term Date
82983958 2
224,000.00 222,993.92 01-Aug-2005 5.400% GA - 80.00% 360 01-Sep-2005
83009159 2 323,000.00 322,208.91 01-Aug-2005 8.500% CA - 95.00% 360 01-Sep-2005
83009274 2 288,000.00 287,056.70 01-Aug-2005 7.050% FL - 80.00% 360 01-Sep-2005
83114074 2 412,000.00 412,000.00 01-Aug-2005 7.450% CA - 80.00% 360 01-Sep-2005
83213876 2 162,500.00 162,262.46 01-Aug-2005 10.950% CA - 65.00% 360 01-Sep-2005
83652032 2 173,600.00 172,973.21 01-Aug-2005 6.550% IL - 80.00% 360 01-Sep-2005
83724278 2 320,000.00 319,002.29 01-Aug-2005 7.300% FL - 80.00% 360 01-Sep-2005
84141951 2 401,200.00 399,650.59 01-Aug-2005 6.200% NY - 80.00% 360 01-Sep-2005
84590231 2 265,194.00 264,551.11 01-Aug-2005 8.550% MO - 95.00% 360 01-Sep-2005
TOTAL 11,781,290.00 11,748,632.60
Page 17 of 31
Argent Securities, Inc. 2005-W2
Mortgage Pass-Through Certificates
2005-W2
December 27, 2005 Distribution
Prepayment Report
VOLUNTARY PREPAYMENTS
Group 2 Group 1 Total
Current
Number of Paid in Full Loans 53 113 166
Number of Repurchased Loans 1 3 4
Total Number of Loans Prepaid in Full 54 116 170
Curtailments Amount 28,370.83 55,429.54 83,800.37
Paid in Full Balance 14,742,453.46 22,666,660.13 37,409,113.59
Repurchased Loans Balance 228,000.00 479,832.25 707,832.25
Total Prepayment Amount 14,998,824.29 23,201,921.92 38,200,746.21
Cumulative
Number of Paid in Full Loans 138 279 417
Number of Repurchased Loans 7 5 12
Total Number of Loans Prepaid in Full 145 284 429
Paid in Full Balance 42,230,674.13 52,662,939.13 94,893,613.26
Repurchased Loans Balance 1,695,292.86 928,330.61 2,623,623.47
Curtailments Amount 123,966.82 235,677.41 359,644.23
Total Prepayment Amount 44,049,933.81 53,826,947.15 97,876,880.96
Page 18 of 31
Argent Securities, Inc. 2005-W2
Mortgage Pass-Through Certificates
2005-W2
December 27, 2005 Distribution
VOLUNTARY PREPAYMENTS RATES
Group 2 Group 1 Total
SMM 1.46% 1.40% 1.42%
3 Months Avg SMM 1.41% 1.07% 1.20%
12 Months Avg SMM 1.41% 1.07% 1.20%
Avg SMM Since Cut-off 1.41% 1.07% 1.20%
CPR 16.16% 15.58% 15.80%
3 Months Avg CPR 15.64% 12.16% 13.51%
12 Months Avg CPR 15.64% 12.16% 13.51%
Avg CPR Since Cut-off 15.64% 12.16% 13.51%
PSA 1,998.99% 1,936.52% 1,960.59%
3 Months Avg PSA Approximation 2,570.60% 2,012.34% 2,230.45%
12 Months Avg PSA Approximation 2,570.60% 2,012.34% 2,230.45%
Avg PSA Since Cut-off Approximation 2,570.60% 2,012.35% 2,230.46%
Page 19 of 31
Argent Securities, Inc. 2005-W2
Mortgage Pass-Through Certificates
2005-W2
December 27, 2005 Distribution
PREPAYMENT CALCULATION METHODOLOGY
Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases + Liquidations )/(Beg Principal Balance - Sched Principal) Conditional Prepayment Rate (CPR): 1-((1-SMM)^12) PSA Standard Prepayment Model: CPR/(0.002*min(30,WAS)) Average SMM over period between nth month and mth month (AvgSMMn,m): [(1-SMMn)*(1-SMMn+1)*...*(1-SMMm)]^(1/months in period n,m) Conditional Prepayment Rate (CPR): 1-((1-SMM)^12) Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.002*Avg WASn,m)) Average WASn,m: (min(30,WASn)+min(30,WASn+1)+...+min(30,WASm)/(number of months in the period n,m) Weighted Average Seasoning (WAS) Dates correspond to distribution dates. Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments, liquidations, and repurchases.
Page 20 of 31
Argent Securities, Inc. 2005-W2
Mortgage Pass-Through Certificates
2005-W2
December 27, 2005 Distribution
Prepayment Detail Report
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number Original Current State & Type Prepayment First
& Loan Principal Prepayment Prepayment Note LTV at & Payment
Loan Group Status Balance Amount Date Rate Origination Original Term Date
73148918 2 43,000.00 42,890.10 01-Dec-2005 11.700% CA - 20.00% Paid Off - 360 01-Apr-2005
76043991 2 49,000.00 48,678.02 08-Dec-2005 10.200% FL - 20.00% Paid Off - 360 01-Jun-2005
78139235 1 222,627.00 222,215.33 29-Nov-2005 8.450% FL - 90.00% Paid Off - 360 01-Sep-2005
78676152 1 153,000.00 152,770.04 23-Nov-2005 9.450% WA - 85.00% Paid Off - 360 01-Sep-2005
79307039 1 157,872.00 157,403.59 21-Nov-2005 7.550% CT - 64.97% Paid Off - 360 01-Aug-2005
79586194 1 239,000.00 238,385.90 06-Dec-2005 6.850% NJ - 68.29% Paid Off - 360 01-Sep-2005
79949558 1 301,500.00 300,730.74 30-Nov-2005 9.400% FL - 90.00% Paid Off - 360 01-Jul-2005
79965232 2 342,000.00 340,360.46 17-Nov-2005 6.250% CA - 90.00% Paid Off - 360 01-Jul-2005
80013832 2 266,500.00 266,192.99 05-Dec-2005 10.700% CA - 65.00% Paid Off - 360 01-Sep-2005
80670912 2 331,200.00 330,255.86 22-Nov-2005 7.750% FL - 80.00% Paid Off - 360 01-Aug-2005
80864598 1 61,500.00 60,956.13 18-Nov-2005 7.850% IL - 75.00% Paid Off - 180 01-Sep-2005
80865116 2 447,200.00 447,200.00 02-Dec-2005 7.550% CA - 80.00% Paid Off - 360 01-Sep-2005
80909476 1 232,000.00 231,647.61 18-Nov-2005 9.400% NJ - 80.00% Paid Off - 360 01-Sep-2005
80986557 1 172,000.00 171,686.53 30-Nov-2005 8.525% CT - 80.00% Paid Off - 360 01-Sep-2005
81051393 1 107,920.00 107,663.38 17-Nov-2005 7.200% AZ - 80.00% Paid Off - 360 01-Sep-2005
81076275 1 280,500.00 279,530.19 07-Dec-2005 6.800% FL - 85.00% Paid Off - 360 01-Aug-2005
81121790 1 272,000.00 271,426.13 15-Nov-2005 7.800% CA - 85.00% Paid Off - 360 01-Sep-2005
81217473 1 93,100.00 92,984.38 22-Nov-2005 10.350% FL - 70.00% Paid Off - 360 01-Sep-2005
81234155 1 252,000.00 251,638.73 21-Nov-2005 9.675% IL - 70.00% Paid Off - 360 01-Sep-2005
81359358 1 315,000.00 314,149.33 23-Nov-2005 6.550% CA - 67.02% Paid Off - 360 01-Sep-2005
81366676 1 169,500.00 169,092.94 23-Nov-2005 7.150% MD - 77.05% Paid Off - 360 01-Sep-2005
81429839 1 168,000.00 167,604.44 21-Nov-2005 7.250% CT - 70.00% Paid Off - 360 01-Sep-2005
81506917 2 192,000.00 191,543.43 17-Nov-2005 7.200% TX - 80.00% Paid Off - 360 01-Sep-2005
81597890 1 105,000.00 104,757.61 28-Nov-2005 7.350% MO - 79.01% Paid Off - 360 01-Sep-2005
81759078 1 187,600.00 187,058.01 22-Nov-2005 6.200% WI - 80.00% Paid Off - 360 01-Sep-2005
81785354 1 174,250.00 174,024.13 23-Nov-2005 10.150% PA - 85.00% Paid Off - 360 01-Sep-2005
81808354 1 135,000.00 134,727.94 30-Nov-2005 9.450% CA - 90.00% Paid Off - 360 01-Aug-2005
81888158 1 173,000.00 172,532.80 30-Nov-2005 6.550% MD - 62.68% Paid Off - 360 01-Sep-2005
81890337 1 180,000.00 179,620.23 29-Nov-2005 7.800% MD - 81.82% Paid Off - 360 01-Sep-2005
81894156 1 162,500.00 162,039.45 30-Nov-2005 6.300% NJ - 65.66% Paid Off - 360 01-Sep-2005
81900110 2 362,250.00 361,545.07 22-Nov-2005 8.200% NY - 75.00% Paid Off - 360 01-Sep-2005
81908774 2 115,992.00 115,704.53 30-Nov-2005 6.990% FL - 80.00% Paid Off - 360 01-Sep-2005
81942559 2 238,960.00 238,324.00 08-Dec-2005 6.625% NJ - 80.00% Paid Off - 360 01-Sep-2005
81959595 1 348,500.00 347,959.48 08-Dec-2005 9.300% MO - 85.00% Paid Off - 360 01-Sep-2005
81985830 1 151,200.00 150,874.52 17-Nov-2005 7.700% MD - 90.00% Paid Off - 360 01-Sep-2005
82003278 1 99,450.00 99,285.45 18-Nov-2005 8.990% WI - 85.00% Paid Off - 360 01-Sep-2005
82017914 1 67,450.00 67,344.28 25-Nov-2005 9.250% WI - 95.00% Paid Off - 360 01-Sep-2005
82034612 1 145,000.00 144,619.65 05-Dec-2005 6.700% WI - 89.51% Paid Off - 360 01-Sep-2005
82101833 2 475,000.00 473,614.53 17-Nov-2005 6.150% CO - 64.98% Paid Off - 360 01-Sep-2005
82103391 1 345,000.00 344,195.72 16-Nov-2005 7.300% CA - 75.00% Paid Off - 360 01-Sep-2005
82114299 1 103,500.00 103,288.11 22-Nov-2005 7.950% NE - 90.00% Paid Off - 360 01-Sep-2005
Page 21 of 31
Argent Securities, Inc. 2005-W2
Mortgage Pass-Through Certificates
2005-W2
December 27, 2005 Distribution
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number Original Current State & Type Prepayment First
& Loan Principal Prepayment Prepayment Note LTV at & Payment
Loan Group Status Balance Amount Date Rate Origination Original Term Date
82179276 1 272,342.00 271,868.48 02-Dec-2005 8.750% NJ - 90.00% Paid Off - 360 01-Sep-2005
82190117 2 396,000.00 395,297.15 02-Dec-2005 8.650% NY - 90.00% Paid Off - 360 01-Sep-2005
82190174 2 187,110.00 186,745.88 05-Dec-2005 8.200% NV - 90.00% Paid Off - 360 01-Sep-2005
82205618 2 181,960.00 181,468.59 23-Nov-2005 6.550% FL - 80.00% Paid Off - 360 01-Sep-2005
82207192 2 381,600.00 381,600.00 28-Nov-2005 7.990% MD - 80.00% Paid Off - 360 01-Sep-2005
82208430 1 350,000.00 348,919.10 15-Nov-2005 5.850% CA - 53.44% Paid Off - 360 01-Sep-2005
82222035 1 100,000.00 99,769.20 16-Nov-2005 8.900% CA - 38.17% Paid Off - 360 01-Aug-2005
82235433 2 414,000.00 412,502.28 07-Dec-2005 7.450% CA - 90.00% Paid Off - 360 01-Aug-2005
82274911 1 203,000.00 202,232.71 30-Nov-2005 5.600% CA - 63.44% Paid Off - 360 01-Sep-2005
82279076 1 266,400.00 265,917.36 30-Nov-2005 8.550% IL - 90.00% Paid Off - 360 01-Sep-2005
82282518 1 220,000.00 219,382.48 08-Dec-2005 6.350% CA - 60.27% Paid Off - 360 01-Sep-2005
82308875 1 326,000.00 325,390.96 21-Nov-2005 8.400% NJ - 81.50% Paid Off - 360 01-Sep-2005
82316597 1 136,000.00 135,663.40 17-Nov-2005 7.000% IL - 78.16% Paid Off - 360 01-Sep-2005
82327719 2 522,000.00 520,984.25 23-Nov-2005 8.200% CA - 90.00% Paid Off - 360 01-Sep-2005
82331190 1 215,991.00 215,523.72 07-Dec-2005 7.675% FL - 90.00% Paid Off - 360 01-Sep-2005
82356957 2 363,000.00 362,128.25 18-Nov-2005 7.150% CA - 76.42% Paid Off - 360 01-Sep-2005
82392119 1 112,500.00 112,190.24 05-Dec-2005 6.450% MD - 75.00% Paid Off - 360 01-Sep-2005
82512195 1 180,000.00 179,464.85 02-Dec-2005 6.050% CA - 39.13% Paid Off - 360 01-Sep-2005
82528670 1 130,000.00 129,822.30 28-Nov-2005 9.900% CA - 61.91% Paid Off - 360 01-Sep-2005
82540998 1 289,000.00 288,471.03 07-Dec-2005 8.500% IL - 85.00% Paid Off - 360 01-Sep-2005
82550534 1 121,500.00 121,356.75 22-Nov-2005 8.650% CA - 90.00% Paid Off - 360 01-Oct-2005
82560152 1 110,570.00 110,383.61 16-Nov-2005 8.900% AZ - 95.00% Paid Off - 360 01-Sep-2005
82560277 1 52,000.00 51,918.48 29-Nov-2005 9.250% MA - 20.00% Paid Off - 360 01-Sep-2005
82591439 2 78,375.00 78,179.21 18-Nov-2005 6.950% WA - 95.00% Paid Off - 360 01-Sep-2005
82602756 1 130,000.00 129,759.55 09-Dec-2005 9.850% OH - 65.00% Paid Off - 360 01-Aug-2005
82642471 1 114,000.00 113,757.06 29-Nov-2005 7.750% IL - 75.00% Paid Off - 360 01-Sep-2005
82646712 2 145,260.00 144,893.19 23-Nov-2005 8.350% NV - 80.00% Paid Off - 360 01-Aug-2005
82650557 1 301,500.00 300,964.87 29-Nov-2005 8.650% NY - 90.00% Paid Off - 360 01-Sep-2005
82664350 1 328,500.00 327,806.93 09-Dec-2005 7.800% FL - 90.00% Paid Off - 360 01-Sep-2005
82694118 2 276,896.00 275,943.61 23-Nov-2005 6.800% NV - 80.00% Paid Off - 360 01-Aug-2005
82723032 2 114,000.00 111,309.70 21-Nov-2005 6.500% IA - 80.00% Paid Off - 360 01-Sep-2005
82733395 1 187,500.00 187,156.79 05-Dec-2005 8.500% NJ - 73.53% Paid Off - 360 01-Sep-2005
82741398 1 115,500.00 115,409.76 25-Nov-2005 10.600% PA - 70.00% Paid Off - 360 01-Oct-2005
82746397 1 180,000.00 179,673.90 07-Dec-2005 8.550% FL - 80.00% Paid Off - 360 01-Sep-2005
82778119 2 175,560.00 175,560.00 21-Nov-2005 8.300% GA - 80.00% Paid Off - 360 01-Sep-2005
82796194 2 487,500.00 486,512.11 18-Nov-2005 8.000% NV - 75.94% Paid Off - 360 01-Sep-2005
82806639 1 174,368.00 173,915.08 05-Dec-2005 6.750% MD - 71.17% Paid Off - 360 01-Sep-2005
82806795 1 372,060.00 371,121.50 02-Dec-2005 6.900% NY - 90.00% Paid Off - 360 01-Sep-2005
82808593 1 234,000.00 233,647.34 17-Nov-2005 9.450% IL - 90.00% Paid Off - 360 01-Sep-2005
82809831 1 197,200.00 196,842.72 17-Nov-2005 8.550% WI - 85.00% Paid Off - 360 01-Sep-2005
82820390 1 278,350.00 277,469.00 30-Nov-2005 7.000% NJ - 74.23% Paid Off - 360 01-Sep-2005
82823758 1 231,300.00 230,786.94 02-Dec-2005 7.550% MD - 90.00% Paid Off - 360 01-Sep-2005
82853276 1 340,000.00 339,345.09 14-Nov-2005 8.250% FL - 71.58% Paid Off - 360 01-Sep-2005
Page 22 of 31
Argent Securities, Inc. 2005-W2
Mortgage Pass-Through Certificates
2005-W2
December 27, 2005 Distribution
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number Original Current State & Type Prepayment First
& Loan Principal Prepayment Prepayment Note LTV at & Payment
Loan Group Status Balance Amount Date Rate Origination Original Term Date
82858358 2 304,000.00 303,179.03 30-Nov-2005 6.550% CA - 95.00% Paid Off - 360 01-Sep-2005
82865833 1 126,000.00 125,739.45 08-Dec-2005 7.900% FL - 90.00% Paid Off - 360 01-Sep-2005
82915158 1 301,000.00 300,138.73 15-Nov-2005 6.250% CA - 79.21% Paid Off - 360 01-Sep-2005
82948639 1 135,000.00 134,815.46 22-Nov-2005 9.900% NE - 90.00% Paid Off - 360 01-Sep-2005
82950551 2 134,320.00 133,966.05 14-Nov-2005 6.825% FL - 80.00% Paid Off - 360 01-Sep-2005
82953514 1 103,400.00 103,210.74 30-Nov-2005 8.500% MD - 89.91% Paid Off - 360 01-Sep-2005
83021436 1 184,500.00 184,179.20 02-Dec-2005 8.750% FL - 75.00% Paid Off - 360 01-Sep-2005
83082198 2 422,000.00 421,195.36 30-Nov-2005 8.300% IL - 80.38% Paid Off - 360 01-Sep-2005
83088674 2 363,000.00 361,971.23 02-Dec-2005 6.300% NY - 94.29% Paid Off - 360 01-Sep-2005
83092197 2 438,000.00 437,156.33 09-Dec-2005 8.250% NY - 87.60% Paid Off - 360 01-Sep-2005
83095356 1 270,750.00 270,191.80 11-Nov-2005 8.350% CO - 95.00% Paid Off - 360 01-Sep-2005
83104158 1 255,000.00 254,344.07 29-Nov-2005 6.800% MD - 80.95% Paid Off - 360 01-Sep-2005
83114553 1 199,750.00 199,341.11 21-Nov-2005 7.950% FL - 85.00% Paid Off - 360 01-Sep-2005
83138271 1 144,810.00 144,539.46 15-Nov-2005 8.400% FL - 90.00% Paid Off - 360 01-Sep-2005
83153593 1 308,500.00 308,024.01 23-Nov-2005 9.325% IL - 88.14% Paid Off - 360 01-Sep-2005
83181594 1 153,900.00 153,575.28 01-Dec-2005 7.800% IL - 95.00% Paid Off - 360 01-Sep-2005
83266551 2 508,000.00 508,000.00 22-Nov-2005 7.325% CA - 80.00% Paid Off - 360 01-Sep-2005
83285239 2 180,000.00 180,000.00 22-Nov-2005 7.050% GA - 80.00% Paid Off - 360 01-Sep-2005
83286351 2 175,750.00 175,531.88 25-Nov-2005 8.400% MA - 95.00% Paid Off - 360 01-Oct-2005
83286435 2 189,600.00 189,135.62 29-Nov-2005 7.050% FL - 80.00% Paid Off - 360 01-Sep-2005
83306191 2 431,272.00 431,272.00 07-Dec-2005 8.200% CA - 80.00% Paid Off - 360 01-Sep-2005
83309435 1 165,000.00 164,579.69 16-Nov-2005 6.850% MO - 52.38% Paid Off - 360 01-Sep-2005
83314351 1 217,750.00 217,429.51 23-Nov-2005 9.550% CA - 65.00% Paid Off - 360 01-Sep-2005
83320630 1 344,450.00 343,596.32 30-Nov-2005 6.990% CA - 83.00% Paid Off - 360 01-Sep-2005
83336438 1 121,500.00 121,261.14 14-Nov-2005 8.150% AZ - 90.00% Paid Off - 360 01-Sep-2005
83350355 1 243,000.00 242,444.62 22-Nov-2005 7.400% AZ - 90.00% Paid Off - 360 01-Sep-2005
83355750 1 265,500.00 264,899.20 15-Nov-2005 7.450% FL - 90.00% Paid Off - 360 01-Sep-2005
83397950 1 140,000.00 139,599.39 09-Dec-2005 6.250% MD - 74.87% Paid Off - 360 01-Sep-2005
83405993 1 207,810.00 207,409.61 01-Dec-2005 8.250% FL - 90.00% Paid Off - 360 01-Sep-2005
83429274 2 426,000.00 424,709.14 14-Nov-2005 5.950% CA - 60.00% Paid Off - 360 01-Sep-2005
83431114 2 392,000.00 392,000.00 16-Nov-2005 7.700% CA - 80.00% Paid Off - 360 01-Sep-2005
83439638 1 313,000.00 312,409.26 15-Nov-2005 8.350% NY - 67.31% Paid Off - 360 01-Sep-2005
83460436 1 329,000.00 328,319.72 30-Nov-2005 7.900% CA - 88.92% Paid Off - 360 01-Sep-2005
83471672 1 307,000.00 306,225.58 06-Dec-2005 6.900% MN - 77.72% Paid Off - 360 01-Sep-2005
83487397 1 225,000.00 224,215.11 02-Dec-2005 5.200% NY - 69.23% Paid Off - 360 01-Sep-2005
83504837 1 300,000.00 299,265.20 05-Dec-2005 7.050% MD - 83.33% Paid Off - 360 01-Sep-2005
83514190 1 66,180.00 66,023.78 09-Dec-2005 9.300% AZ - 20.00% Paid Off - 360 01-Sep-2005
83563395 1 320,000.00 318,954.24 15-Nov-2005 5.550% CA - 53.33% Paid Off - 360 01-Sep-2005
83576876 1 141,000.00 140,809.30 14-Nov-2005 9.950% AZ - 75.00% Paid Off - 360 01-Sep-2005
83637199 1 330,000.00 329,215.28 30-Nov-2005 7.200% CA - 84.62% Paid Off - 360 01-Sep-2005
83672113 1 88,000.00 87,743.30 30-Nov-2005 6.150% MO - 80.00% Paid Off - 360 01-Sep-2005
83715912 1 225,000.00 224,420.20 01-Dec-2005 6.800% NJ - 90.00% Paid Off - 360 01-Sep-2005
83723676 1 213,500.00 212,840.64 30-Nov-2005 5.850% TX - 70.00% Paid Off - 360 01-Sep-2005
Page 23 of 31
Argent Securities, Inc. 2005-W2
Mortgage Pass-Through Certificates
2005-W2
December 27, 2005 Distribution
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number Original Current State & Type Prepayment First
& Loan Principal Prepayment Prepayment Note LTV at & Payment
Loan Group Status Balance Amount Date Rate Origination Original Term Date
83727552 1 312,000.00 311,115.77 18-Nov-2005 6.300% CA - 78.00% Paid Off - 360 01-Sep-2005
83774034 2 445,000.00 444,295.23 09-Dec-2005 9.200% CA - 74.17% Paid Off - 360 01-Sep-2005
83782912 1 108,000.00 107,780.69 29-Nov-2005 7.990% IL - 90.00% Paid Off - 360 01-Sep-2005
83900878 2 140,498.00 140,224.58 14-Nov-2005 8.200% FL - 90.00% Paid Off - 360 01-Sep-2005
83923599 2 229,500.00 229,092.65 16-Nov-2005 8.650% OK - 90.00% Paid Off - 360 01-Sep-2005
83957878 2 259,820.00 259,290.81 23-Nov-2005 7.975% NV - 80.00% Paid Off - 360 01-Sep-2005
83991877 2 300,000.00 299,166.01 07-Dec-2005 6.400% IL - 80.00% Paid Off - 360 01-Sep-2005
84053438 1 250,000.00 249,445.45 09-Dec-2005 7.550% IL - 78.13% Paid Off - 360 01-Sep-2005
84068592 1 224,000.00 223,550.65 17-Nov-2005 8.050% NJ - 80.00% Paid Off - 360 01-Sep-2005
84095553 2 132,300.00 132,109.33 21-Nov-2005 9.650% MO - 89.39% Paid Off - 360 01-Sep-2005
84133958 1 79,900.00 79,776.07 21-Nov-2005 9.300% IN - 85.00% Paid Off - 360 01-Sep-2005
84161637 1 333,000.00 332,586.41 21-Nov-2005 10.350% CA - 90.00% Paid Off - 360 01-Sep-2005
84212034 1 262,500.00 261,989.19 09-Dec-2005 8.200% CA - 70.00% Paid Off - 360 01-Sep-2005
84242197 1 182,400.00 182,055.74 02-Dec-2005 8.350% WI - 95.00% Paid Off - 360 01-Sep-2005
84292358 1 175,200.00 174,811.38 16-Nov-2005 7.550% IL - 80.00% Paid Off - 360 01-Sep-2005
84360478 2 372,000.00 371,070.79 16-Nov-2005 6.950% CA - 80.00% Paid Off - 360 01-Sep-2005
84428192 2 357,500.00 356,593.78 30-Nov-2005 6.875% MA - 65.00% Paid Off - 360 01-Sep-2005
84435353 1 170,000.00 169,566.94 15-Nov-2005 6.850% AZ - 73.91% Paid Off - 360 01-Sep-2005
84594035 2 184,392.00 184,051.02 17-Nov-2005 8.450% CA - 80.00% Paid Off - 360 01-Sep-2005
84623594 1 225,000.00 224,658.24 15-Nov-2005 9.400% IL - 90.00% Paid Off - 360 01-Sep-2005
84691195 1 238,000.00 237,512.80 18-Nov-2005 7.950% IL - 70.00% Paid Off - 360 01-Sep-2005
84721471 2 323,192.00 322,400.41 30-Nov-2005 7.050% FL - 80.00% Paid Off - 360 01-Sep-2005
84734193 1 61,740.00 61,635.44 02-Dec-2005 6.850% IL - 90.00% Paid Off - 360 01-Oct-2005
84735638 1 135,000.00 134,794.94 21-Nov-2005 9.400% IL - 90.00% Paid Off - 360 01-Sep-2005
84751155 1 158,700.00 158,458.94 28-Nov-2005 9.400% IN - 79.35% Paid Off - 360 01-Sep-2005
84766799 2 262,400.00 262,400.00 29-Nov-2005 7.500% NV - 80.00% Paid Off - 360 01-Sep-2005
84797554 1 193,500.00 193,156.56 28-Nov-2005 8.650% CO - 90.00% Paid Off - 360 01-Sep-2005
84854751 2 272,000.00 271,504.01 02-Dec-2005 6.500% CA - 76.62% Paid Off - 360 01-Oct-2005
84934835 1 229,500.00 229,172.72 23-Nov-2005 9.700% AZ - 90.00% Paid Off - 360 01-Sep-2005
84985076 1 260,000.00 259,576.07 14-Nov-2005 9.200% CA - 65.00% Paid Off - 360 01-Sep-2005
85132637 2 226,800.00 226,800.00 08-Dec-2005 6.850% WA - 80.00% Paid Off - 360 01-Sep-2005
85615276 1 80,500.00 80,381.33 05-Dec-2005 7.550% MI - 70.00% Paid Off - 360 01-Oct-2005
85782233 1 137,750.00 137,586.75 07-Dec-2005 8.625% NM - 95.00% Paid Off - 360 01-Oct-2005
85883791 2 56,980.00 56,944.99 05-Dec-2005 11.700% CA - 20.00% Paid Off - 360 01-Oct-2005
85886232 2 152,000.00 152,000.00 18-Nov-2005 6.800% CA - 80.00% Paid Off - 360 01-Oct-2005
86005832 1 224,000.00 223,746.59 17-Nov-2005 8.850% IL - 94.12% Paid Off - 360 01-Oct-2005
86416476 1 85,500.00 85,397.09 17-Nov-2005 8.550% CA - 90.00% Paid Off - 360 01-Oct-2005
86431236 2 134,960.00 134,960.00 02-Dec-2005 5.900% IA - 80.00% Paid Off - 360 01-Oct-2005
86449915 2 372,000.00 372,000.00 18-Nov-2005 7.250% CA - 80.00% Paid Off - 360 01-Oct-2005
83425355 1 215,100.00 214,694.01 29-Nov-2005 8.350% WA - 89.63% Repur/Subs - 360 01-Sep-2005
83517953 2 228,000.00 228,000.00 22-Nov-2005 6.200% GA - 80.00% Repur/Subs - 360 01-Sep-2005
84746833 1 127,920.00 127,557.47 08-Dec-2005 6.300% CO - 80.00% Repur/Subs - 360 01-Sep-2005
85241511 1 137,750.00 137,580.77 06-Dec-2005 8.450% FL - 95.00% Repur/Subs - 360 01-Oct-2005
Page 24 of 31
Argent Securities, Inc. 2005-W2
Mortgage Pass-Through Certificates
2005-W2
December 27, 2005 Distribution
TOTAL 38,196,457.00 38,116,945.84
Page 25 of 31
Argent Securities, Inc. 2005-W2
Mortgage Pass-Through Certificates
2005-W2
December 27, 2005 Distribution
Realized Loss Report
COLLATERAL REALIZED LOSSES
Group 2 Group 1 Total
Current
Number of Loans Liquidated 0 0 0
Collateral Principal Realized Loss/(Gain) Amount 0.00 0.00 0.00
Collateral Interest Realized Loss/(Gain) Amount 0.00 0.00 0.00
Net Liquidation Proceeds 0.00 0.00 0.00
Cumulative
Number of Loans Liquidated 0 0 0
Collateral Realized Loss/(Gain) Amount 0.00 0.00 0.00
Net Liquidation Proceeds 0.00 0.00 0.00
Page 26 of 31
Argent Securities, Inc. 2005-W2
Mortgage Pass-Through Certificates
2005-W2
December 27, 2005 Distribution
DEFAULT SPEEDS
Group 2 Group 1 Total
MDR 0.00% 0.00% 0.00%
3 Months Avg MDR 0.00% 0.00% 0.00%
12 Months Avg MDR 0.00% 0.00% 0.00%
Avg MDR Since Cut-off 0.00% 0.00% 0.00%
CDR 0.00% 0.00% 0.00%
3 Months Avg CDR 0.00% 0.00% 0.00%
12 Months Avg CDR 0.00% 0.00% 0.00%
Avg CDR Since Cut-off 0.00% 0.00% 0.00%
SDA 0.00% 0.00% 0.00%
3 Months Avg SDA Approximation 0.00% 0.00% 0.00%
12 Months Avg SDA Approximation 0.00% 0.00% 0.00%
Avg SDA Since Cut-off Approximation 0.00% 0.00% 0.00%
Loss Severity Approximation for Current Period 0.00% 0.00% 0.00%
3 Months Avg Loss Severity Approximation 0.00% 0.00% 0.00%
12 Months Avg Loss Severity Approximation 0.00% 0.00% 0.00%
Avg Loss Severity Approximation Since Cut-off 0.00% 0.00% 0.00%
Page 27 of 31
Argent Securities, Inc. 2005-W2
Mortgage Pass-Through Certificates
2005-W2
December 27, 2005 Distribution
COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY
Monthly Default Rate (MDR): (Beg Principal Balance of Liquidated Loans)/(Total Beg Principal Balance)
Conditional Default Rate (CDR): 1-((1-MDR)^12)
SDA Standard Default Assumption: CDR/IF(WAS<61,MIN(30,WAS)*0.02,MAX(0.03,MIN(30,WAS)*0.02-0.0095*(WAS-60)))
Average MDR over period between nth month and mth month (AvgMDRn,m): [(1-MDRn)*(1-MDRn+1)*...*(1-MDRm)]^(1/months in period n,m)
Average CDR over period between the nth month and mth month (AvgCDRn,m): 1-((1-AvgMDRn,m)^12)
Average SDA Approximation over period between the nth month and mth month:
AvgCDRn,m/IF(Avg WASn,m<61,MIN(30,Avg WASn,m)*0.02,MAX(0.03,MIN(30,Avg WASn,m)*0.02-0.0095*(Avg WASn,m-60)))
Average WASn,m: (WASn + WASn+1 +...+ WASm )/(number of months in the period n,m)
Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)
Average Loss Severity Approximation over period between nth month and mth month: Avg(Loss Severityn,m)
Note: Default rates are calculated since deal issue date and include realized gains and additional realized losses and gains from prior periods.
Dates correspond to distribution dates.
Page 28 of 31
Argent Securities, Inc. 2005-W2
Mortgage Pass-Through Certificates
2005-W2
December 27, 2005 Distribution
Realized Loss Detail Report
Loan Number Current State & Prior Realized Cumulative
& Loan Note LTV at Original Principal Loss/(Gain) Realized Realized
Loan Group Status Rate Origination Term Balance Revision Loss/(Gain) Loss/(Gain)
TOTAL
Page 29 of 31
Argent Securities, Inc. 2005-W2
Mortgage Pass-Through Certificates
2005-W2
December 27, 2005 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS
Group 2 Group 1 Total
Stepdown Date Occurred? (0=No,1=Yes) No
Distribution Date October 2008
Credit Enhancement Percentage (For Stepdown Date) 20.8361%
Applicable Percentage 40.1000%
Trigger Event In Effect? (0=No,1=Yes) No
60+ days Delinquency Balance 30,936,743.05
Ending Pool Balance 1,013,659,830.28 1,632,589,682.30 2,646,249,512.58
Delinquency Percentage 1.1691%
Prior Balance of Mezzanine and C Class 551,375,126.79
Prior Pool Balance 1,029,351,659.85 1,657,047,101.95 2,686,398,761.80
Prior Credit Enhancement Percentage 20.5247%
Applicable % of Prior Credit Enhancement Percentage 7.6968%
Cumulative Realized Loss 0.00 0.00 0.00
Realized Loss Percentage 0.0000%
Applicable % (On and After Stepdown Date) 100.0000%
ADJUSTABLE RATE CERTIFICATE INFORMATION
SPACE INTENTIONALLY LEFT BLANK
ADDITIONAL INFORMATION
Group 2 Group 1 Total
Current LIBOR Rate 4.193750%
Next LIBOR Rate 4.378750%
Page 30 of 31
Argent Securities, Inc. 2005-W2
Mortgage Pass-Through Certificates
2005-W2
December 27, 2005 Distribution
Additional Certificate Report
ADDITIONAL CERTIFICATE REPORT
Next Pass Through Rate NET WAC Shortfall CarryOver NET WAC Shortfall Paid
CLASS
A-1 4.639% $0.00 $0.00
A-2A 4.499% $0.00 $0.00
A-2B1 4.579% $0.00 $0.00
A-2B2 4.639% $0.00 $0.00
A-2C 4.739% $0.00 $0.00
M-1 4.869% $0.00 $0.00
M-2 4.889% $0.00 $0.00
M-3 4.909% $0.00 $0.00
M-4 4.989% $0.00 $0.00
M-5 5.039% $0.00 $0.00
M-6 5.099% $0.00 $0.00
M-7 5.629% $0.00 $0.00
M-8 5.829% $0.00 $0.00
M-9 6.129% $0.00 $0.00
M-10 6.879% $0.00 #######
M-11 6.879% $0.00 #######
M-12 6.879% $0.00 #######
M-13 6.879% $0.00 #######
CE 0.000% $0.00 $0.00
P 0.000% $0.00 $0.00
R 0.000% $0.00 $0.00
R-X 0.000% $0.00 $0.00
Page 31 of 31