Item 1. Business.
Not applicable.
Item 1A.
Item 1A. Risk Factors.
Not applicable.
Item 1B.
Item 1B. Unresolved Staff Comments.
Not applicable.
Item 2.
Item 2. Properties.
Not applicable.
Item 3.
Item 3. Legal Proceedings.
The registrant knows of no material pending legal proceedings involving the trust created under the Pooling and Servicing Agreement (the Trust), the Trustee, the Servicer or the registrant with respect to the Trust other than routine litigation incidental to the duties of the respective parties.
Item 4.
Item 4. Submission of Matters to a Vote of Security Holders.
None.
PART II
Item 5.
Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
No established public trading market for the Certificates exists.
Records provided to the Trust by the DTC and the Trustee indicate that as of December 31, 2005, the total number of holders of record for the Series of Certificates is 21.
Item 6.
Item 6. Selected Financial Data.
Not applicable.
Item 7.
Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operation.
Not applicable.
Item 7A.
Item 7A. Quantitative and Qualitative Disclosures about Market Risk.
Not applicable.
Item 8.
Item 8. Financial Statements and Supplementary Data.
Not applicable.
Item 9.
Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure.
None.
Item 9A.
Item 9A. Controls and Procedures. Not applicable.
Item 9B.
Item 9B. Other Information.
None.
PART III
Item 10.
Item 10. Directors and Executive Officers of the Registrant.
Not applicable.
Item 11.
Item 11. Executive Compensation.
Not applicable.
Item 12.
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.
Not applicable.
Item 13.
Item 13. Certain Relationships and Related Transactions.
Not applicable.
Item 14.
Item 14. Principal Accounting Fees and Services.
Not applicable.
PART IV
Item 15.
Item 15. Exhibits, Financial Statement Schedules.
(a) Exhibits
(31.1) Rule 13a-14(a)/15d-14(a) Certification
(99.1) Annual Independent Accountants' Servicing Reports concerning servicing activities.
(99.2) Report of Management as to Compliance with Minimum Servicing Standards.
(99.3) Annual Statements of Compliance under the Pooling and Servicing Agreements.
(99.4) Aggregate Statement of Principal and Interest Distributions to Certificate Holders.
(b) Not applicable.
(c) Omitted.
Filed herewith.
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) 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:
HSI Asset Securitization Corporation Trust Mortgage Pass-Through Certificates Series 2005-I01 (Registrant)
Signed: Wells Fargo Bank, N.A. as Master Servicer
By: /s/ John Sadowski
By: John Sadowski, Vice President
Dated: March 31, 2006
Exhibit Index
Exhibit No.
Ex-31.1 Rule 13a-14(a)/15d-14(a) Certification
HSI Asset Securitization Corporation Trust 2005-I01 Mortgage Pass-Through Certificates Series 2005-I01
This Certification is being made pursuant to Section 8.12(c) of the Pooling and Servicing Agreement (the "Pooling and Servicing Agreement") relating to the above-referenced Series, among HSI Asset Securitization Corporation, as depositor (the "Depositor"), JPMorgan Chase Bank, National Association, National City Home Loan Services, Inc. and Option One Mortgage Corporation, as Servicers, NC Capital Corporation, Option One Mortgage Corporation and First Franklin Financial Corporation, as Mortgage Loan Originators, Wells Fargo Bank, N.A., as Master Servicer, Securities Administrator and Custodian, Clayton Fixed Income Services Inc., as Credit Risk Manager, and Deutsche Bank Natioanl Trust Company, as Trustee. Capitalized terms used but not defined herein shall have the meanings assigned in the Pooling and Servicing Agreement.
I, John Sadowski, certify that:
1. I have reviewed this annual report on Form 10-K (the "Annual Report"), and all reports on Form 8-K containing distribution date reports (collectively with this Annual Report, the "Reports") filed in respect of periods included in the year covered by this Annual Report, of the Trust;
2. Based on my knowledge, the information in the Reports, taken as a whole, does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading as of the last day of the period covered by this Annual Report;
3. Based on my knowledge, the servicing information required to be provided to the Securities Administrator by the Master Servicer under the Pooling and Servicing Agreement for inclusion in the Reports is included in the Reports;
4. I am responsible for reviewing the activities performed by JPMorgan Chase Bank, National Association, National City Home Loan Services, Inc., and Option One Mortgage Corporation under the Pooling and Servicing Agreement and based upon my knowledge and the annual compliance review required under the Pooling and Servicing Agreement, and except as disclosed in the Reports, JPMorgan Chase Bank, National Association, National City Home Loan Services, Inc., and Option One Mortgage Corporation has fulfilled their obligations under the Pooling and Servicing Agreement; and
5. The Reports disclose all significant deficiencies relating to JPMorgan Chase Bank, National Association, National City Home Loan Services, Inc., and Option One Mortgage Corporation's compliance with the minimum servicing standards based upon the report provided by an independent public accountant, after conducting a review in compliance with the Uniform Single Attestation Program for Mortgage Bankers or similar procedure as set forth in the Pooling and Servicing Agreement, that is included in the Reports.
In giving the certifications above, I have reasonably relied on information provided to me by the following unaffiliated party: JPMorgan Chase Bank, National Association, National City Home Loan Services, Inc., and Option One Mortgage Corporation.
Date: March 31, 2006
/s/ John Sadowski Signature
Vice President Title
EX-99.1 (a) (logo) PRICEWATERHOUSECOOPERS
PricewaterhouseCoopers LLP PricewaterhouseCoopers Center 300 Madison Avenue New York NY 10017 Telephone (646) 471 3000 Facsimile (813) 286 6000
Report of Independent Auditors
To the Board of Directors and Stockholder of Chase Home Finance LLC:
We have examined management's assertion about Chase Home Finance LLC's (the "Company") compliance with the minimum servicing standards identified in the Mortgage Bankers Association of America's Uniform Single Attestation Program for Mortgage Bankers ("USAP") as of and for the year ended December 31, 2005 included in the accompanying management assertion (see Exhibit I). Management is responsible for the Company's compliance with those minimum servicing standards. Our responsibility is to express an opinion on management's assertion about the Company's compliance based on our examination.
Our examination was made in accordance with attestation standards established by the American Institute of Certified Public Accountants and, accordingly, included examining, on a test basis, evidence about the Company's compliance with the minimum servicing standards and performing such other procedures as we considered necessary in the circumstances. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on the Company's compliance with the minimum servicing standards.
In our opinion, management's assertion that the Company complied with the aforementioned minimum servicing standards as of and for the year ended December 31, 2005 is fairly stated, in all material respects.
/s/ PricewaterhouseCoopers LLP.
March 13, 2006
(page)
(logo) CHASE
Exhibit I
Management's Assertion Concerning Compliance with USAP Minimum Servicing Standards
March 13, 2006
As of and for the year ended December 31, 2005, Chase Home Finance LLC (the "Company") has complied in all material respects with the minimum servicing standards (the "Standards") set forth in the Mortgage Bankers Association of America's Uniform Single Attestation Program for Mortgage Bankers ("USAP"). These Standards are applicable only to the Company's prime and subprime mortgage portfolios.
As of and for this same period, the Company had in effect fidelity bond and errors and omissions policies in the amounts of $250,000,000 and $25,000,000 respectively.
/s/ Kim Greaves Kim Greaves Senior Vice President Chase Home Finance LLC
/s/ Jim Miller Jim Miller Senior Vice President Chase Home Finance LLC
/s/ Scott Powell Scott Powell CEO Chase Home Finance LLC
EX-99.1 (b) (logo) ERNST & YOUNG
Ernst & Young LLP 2100 One PPG Place Pittsburgh, Pennsylvania 15222
Phone: (412) 644-7800 www.ey.com
Report on Management's Assertion on Compliance with the Specified Minimum Servicing Standards Set Forth in the Uniform Single Attestation Program for Mortgage Bankers
Report of Independent Registered Public Accounting Firm
Board of Directors and Shareholders of National City Home Loan Services, Inc. A Subsidiary of National City Bank of Indiana
We have examined management's assertion, included in the accompanying report titled Report of Management, that National City Home Loan Services, Inc. (NCHLS) complied with the minimum servicing standards identified in Exhibit A to the Report of Management (the specific minimum servicing standards) as set forth in the Mortgage Bankers Association of America's Uniform Single Attestation Program for Mortgage Bankers (USAP) during the year-ended December 31, 2005. Management is responsible for NCHLS' compliance with the specified minimum servicing standards. Our responsibility is to express an opinion on management's assertions about NCHLS' compliance based on our examination.
Our examination was made in accordance with attestation standards established by the Public Company Accounting Oversight Board (United States) and, accordingly, included examining, on a test basis, evidence about NCHLS' compliance with the specified minimum servicing standards and performing such other procedures as we considered necessary in the circumstances. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on NCHLS' compliance with specified minimum servicing standards.
In our opinion, management's assertion that NCHLS complied with the aforementioned specified minimum servicing standards during the year ended December 31, 2005, is fairly stated, in all material respects.
/s/Ernst&Young LLP
March 1, 2006
A Member Practice of Ernst & Young Global
Exhibit A
Specified Minimum Servicing Standards
Custodial Bank Accounts
1. Reconciliations shall be prepared on a monthly basis for all custodial bank accounts and related bank clearing accounts. These reconciliations shall:
a. be mathematically accurate;
b. be prepared within forty-five (45) calendar days after the cutoff date. The cutoff date is the date as of which a bank account is reconciled every month. It may, or may not, coincide with a prescribed investor reporting date but shall be consistent from period to period;
c. be reviewed and approved by someone other than the person who prepared the reconciliation; and
d. document explanations for reconciling items. These reconciling items shall be resolved within ninety (90) calendar days of their original identification.
2. Funds of the servicing entity shall be advanced in cases where there is an overdraft in an investor's or a mortgagor's account.
3. Each custodial account shall be maintained at a federally insured depository institution in trust for the applicable investor.
4. Escrow funds held in trust for a mortgagor shall be returned to the mortgagor within thirty (30) calendar days of payoff of the mortgage loan.
II. Mortgage Payments
1. Mortgage payments shall be deposited into the custodial bank accounts and related bank clearing accounts within two (2) business days of receipt.
2. Mortgage payments made in accordance with the mortgagor's loan documents shall be posted to the applicable mortgagor records within two (2) business days of receipt.
3. Mortgage payments shall be allocated to principal, interest, insurance, taxes or other escrow items in accordance with the mortgagor's loan documents.
4. Mortgage payments identified as loan payoffs shall be allocated in accordance with the mortgagor's loan documents.
(page)
Exhibit A
Specified Minimum Servicing Standards (continued)
III. Disbursements
1. Disbursements made via wire transfer on behalf of a mortgagor or investor shall be made only by authorized personnel.
2. Disbursements made on behalf of a mortgagor or investor shall be posted within two (2) business days to the mortgagor's or investor's records maintained by the servicing entity.
3. Tax and insurance payments shall be made on or before the penalty or insurance policy expiration dates, as indicated on tax bills and insurance premium notices, respectively, provided that such support has been received by the servicing entity at least thirty (30) calendar days prior to these dates.
4. Any late payment penalties paid in conjunction with the payment of any tax bill or insurance premium notice shall be paid from the servicing entity's funds and not charged to the mortgagor, unless the late payment was due to the mortgagor's error or omission.
5. Amounts remitted to investors per the servicer's investor reports shall agree with cancelled checks, or other form of payment, or custodial bank statements.
6. Unissued checks shall be safeguarded so as to prevent unauthorized access.
IV. Investor Accounting and Reporting
1. The servicing entity's investor reports shall agree with, or reconcile to, investors' records on a monthly basis as to the total unpaid principal balance and number of loans serviced by the servicing entity.
V. Mortgagor Loan Accounting
1. The servicing entity's mortgage loan records shall agree with, or reconcile to, the records of mortgagors with respect to the unpaid principal balance on a monthly basis.
2. Adjustments on adjustable rate mortgage (ARM) loans shall be computed based on the related mortgage note and any ARM rider.
3. Escrow accounts shall be analyzed, in accordance with the mortgagor's loan documents, on at least an annual basis.
(page)
Exhibit A
Specified Minimum Servicing Standards (continued)
V. Mortgagor Loan Accounting (continued)
4. Interest on escrow accounts shall be paid, or credited, to mortgagors in accordance with the applicable state laws.
VI. Delinquencies
1. Records documenting collection efforts shall be maintained during the period a loan is in default and shall be updated at least monthly. Such records shall describe the entity's activities in monitoring delinquent loans including, for example, phone calls, letters and mortgage payment rescheduling plans in cases where the delinquency is deemed temporary (i.e., illness or unemployment).
VII. Insurance Policies 1. A fidelity bond and errors and omissions policy shall be in effect on the servicing entity throughout the reporting period in the amount of coverage represented to investors in management's assertion.
EX-99.1 (c) (logo) KPMG
KPMG LLP Suite 2000 355 South Grand Avenue Los Angeles, CA 90071-1568
Independent Accountants' Report
The Board of Directors and Stockholder Option One Mortgage Corporation:
We have examined management's assertion, included in the accompanying management assertion, that Option One Mortgage Corporation complied with the minimum servicing standards set forth in the Mortgage Bankers Association of America's Uniform Single Attestation Program for Mortgage Bankers as of and for the year ended December 31, 2005. Management is responsible for Option One Mortgage Corporation's compliance with those minimum servicing standards. Our responsibility is to express an opinion on management's assertion about the Company's compliance based on our examination.
Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants and, accordingly, including examining, on a test basis, evidence about Option One Mortgage Corporation's compliance with the minimum servicing standards specified above and performing such other procedures as we considered necessary in the circumstances. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on Option One Mortgage Corporation's compliance with the minimum servicing standards.
In our opinion, management's assertion that Option One Mortgage Corporation complied with the aforementioned minimum servicing standards as of and for the year ended December 31, 2005 is fairly stated in all material respects.
/s/ KPMG LLP
Los Angeles, California February 28, 2006
KPMG LLP, a U.S. limited liability partnership, is the U.S. member firm of KPMG International, a Swiss cooperative.
EX-99.2 (a) (logo) CHASE
Exhibit I
Management's Assertion Concerning Compliance with USAP Minimum Servicing Standards
March 13, 2006
As of and for the year ended December 31, 2005, Chase Home Finance LLC (the "Company") has complied in all material respects with the minimum servicing standards (the "Standards") set forth in the Mortgage Bankers Association of America's Uniform Single Attestation Program for Mortgage Bankers ("USAP"). These Standards are applicable only to the Company's prime and subprime mortgage portfolios.
As of and for this same period, the Company had in effect fidelity bond and errors and omissions policies in the amounts of $250,000,000 and $25,000,000 respectively.
/s/ Kim Greaves Kim Greaves Senior Vice President Chase Home Finance LLC
/s/ Jim Miller Jim Miller Senior Vice President Chase Home Finance LLC
/s/ Scott Powell Scott Powell CEO Chase Home Finance LLC
EX-99.2 (b) (logo)NationalCity
National City Home Loan Services Inc. P.O. Box 1838 Pittsburgh, PA 15230-1838
Management's Assertion on Compliance with the Specified Minimum Servicing Standards Set Forth in the Uniform Single Attestation Program for Mortgage Bankers
Report of Management
We, as members of management of National City Home Loan Services, Inc. (NCHLS), are responsible for complying with the servicing standards identified in the attached Exhibit A (the specified minimum servicing standards) as set forth in the Mortgage Bankers Association of America's Uniform Single Attestation Program for Mortgage Bankers (USAP). We are also responsible for establishing and maintaining effective internal control over compliance with these specified minimum servicing standards. We have performed an evaluation of NCHLS' compliance with the specified minimum servicing standards as set forth in the USAP as of December 31, 2005 and for the year then ended. Based on this evaluation, we assert that during the year ended December 31, 2005, NCHLS complied, in all material respects, with the specified minimum servicing standards set forth in the USAP.
As of December 31, 2005 and for the year then ended, NCHLS had in effect a fidelity bond policy in the amount of $200 million and an errors and omissions policy in the amount of $200 million.
/s/Nanette M. Stevens Nanette M. Stevens Senior Vice President & General Manager
/s/Timothy C. Lulich Timothy C. Lulich Senior Vice President & Controller
March 1, 2006
National City Home Loan Services, Inc. is a subsidiary of National City Bank of Indiana. First Franklin and NationPoint are divisions of National City Bank of Indiana, which is a wholly-owned subsidiary of National City Corporation. National City Home Loan Services, Inc. services loans for the following affiliated entities as First Franklin Loan Services, National City Loan Services and NationPoint:
National City Bank National City Bank of Indiana National City Bank of Kentucky National City Bank of the Midwest National City Bank of Pennsylvania NationPoint
(logo) EQUAL HOUSING LENDER
(page)
Exhibit A
Specified Minimum Servicing Standards
Custodial Bank Accounts
1. Reconciliations shall be prepared on a monthly basis for all custodial bank accounts and related bank clearing accounts. These reconciliations shall:
a. be mathematically accurate;
b. be prepared within forty-five (45) calendar days after the cutoff date. The cutoff date is the date as of which a bank account is reconciled every month. It may, or may not, coincide with a prescribed investor reporting date but shall be consistent from period to period;
c. be reviewed and approved by someone other than the person who prepared the reconciliation; and
d. document explanations for reconciling items. These reconciling items shall be resolved within ninety (90) calendar days of their original identification.
2. Funds of the servicing entity shall be advanced in cases where there is an overdraft in an investor's or a mortgagor's account.
3. Each custodial account shall be maintained at a federally insured depository institution in trust for the applicable investor.
4. Escrow funds held in trust for a mortgagor shall be returned to the mortgagor within thirty (30) calendar days of payoff of the mortgage loan.
II. Mortgage Payments
1. Mortgage payments shall be deposited into the custodial bank accounts and related bank clearing accounts within two (2) business days of receipt.
2. Mortgage payments made in accordance with the mortgagor's loan documents shall be posted to the applicable mortgagor records within two (2) business days of receipt.
3. Mortgage payments shall be allocated to principal, interest, insurance, taxes or other escrow items in accordance with the mortgagor's loan documents.
4. Mortgage payments identified as loan payoffs shall be allocated in accordance with the mortgagor's loan documents.
(page)
Exhibit A
Specified Minimum Servicing Standards (continued)
III. Disbursements
1. Disbursements made via wire transfer on behalf of a mortgagor or investor shall be made only by authorized personnel.
2. Disbursements made on behalf of a mortgagor or investor shall be posted within two (2) business days to the mortgagor's or investor's records maintained by the servicing entity.
3. Tax and insurance payments shall be made on or before the penalty or insurance policy expiration dates, as indicated on tax bills and insurance premium notices, respectively, provided that such support has been received by the servicing entity at least thirty (30) calendar days prior to these dates.
4. Any late payment penalties paid in conjunction with the payment of any tax bill or insurance premium notice shall be paid from the servicing entity's funds and not charged to the mortgagor, unless the late payment was due to the mortgagor's error or omission.
5. Amounts remitted to investors per the servicer's investor reports shall agree with cancelled checks, or other form of payment, or custodial bank statements.
6. Unissued checks shall be safeguarded so as to prevent unauthorized access.
IV. Investor Accounting and Reporting
1. The servicing entity's investor reports shall agree with, or reconcile to, investors' records on a monthly basis as to the total unpaid principal balance and number of loans serviced by the servicing entity.
V. Mortgagor Loan Accounting
1. The servicing entity's mortgage loan records shall agree with, or reconcile to, the records of mortgagors with respect to the unpaid principal balance on a monthly basis.
2. Adjustments on adjustable rate mortgage (ARM) loans shall be computed based on the related mortgage note and any ARM rider.
3. Escrow accounts shall be analyzed, in accordance with the mortgagor's loan documents, on at least an annual basis.
(page)
Exhibit A
Specified Minimum Servicing Standards (continued)
V. Mortgagor Loan Accounting (continued)
4. Interest on escrow accounts shall be paid, or credited, to mortgagors in accordance with the applicable state laws.
VI. Delinquencies
1. Records documenting collection efforts shall be maintained during the period a loan is in default and shall be updated at least monthly. Such records shall describe the entity's activities in monitoring delinquent loans including, for example, phone calls, letters and mortgage payment rescheduling plans in cases where the delinquency is deemed temporary (i.e., illness or unemployment).
VII. Insurance Policies 1. A fidelity bond and errors and omissions policy shall be in effect on the servicing entity throughout the reporting period in the amount of coverage represented to investors in management's assertion.
EX-99.2 (c) (logo) OPTION ONE MORTGAGE an H&R BLOCK company
(logo) H&R BLOCK
Management Assertion
As of and for the year ended December 31, 2005, Option One Mortgage Corporation Complied in all material respects with the minimum servicing standards set forth in the Mortgage Bankers Association of America's Uniform Single Attestation Program for Mortgage Bankers. As of and for this same period, Option One Mortgage Corporation had in effect a fidelity bond and errors and omissions policy in the amounts of $70,000,000 and $10,000,000, respectively.
/s/ Robert E Dubrish Robert E. Dubrish, Chief Executive Officer
/s/ William L. O'Neill William L. O'Neill, Chief Financial Officer
/s/ Matthew A. Engel Matthew A. Engel, Controller
/s/ Fabiola Camperi Fabiola Camperi, Chief Servicing Officer
www.optiononeonline.com
EX-99.3 (a) (logo) CHASE
ANNUAL STATEMENT OF COMPLIANCE
Pursuant to the servicing agreement, the undersigned Officer, to the best of his/her knowledge, hereby certifies to the following:
I have reviewed the activities and performance of the Servicer and, during the preceding fiscal year under the terms of the Servicing Agreement, Trust Agreement, Pooling and Servicing Agreement and/or Seller/Servicer Guide and to the best of the Officer's knowledge, the Servicer has fulfilled all its duties, responsibilities or obligations under these Agreements throughout such year.
a) All property inspections have been completed.
b) Compliance relative to Adjustable Rate Mortgages has been met.
c) Compliance with IRS Foreclosure reporting regulations enacted as IRS Section 6060J by the Deficit Reduction Act, regarding Acquired and/or Abandonment property have been completed.
d) All loans serviced in states that have statutes requiring payment of interest on escrow/impound accounts have been completed.
e) That such Officer has confirmed that the Fidelity Bond, the Errors and Omissions Insurance Policy and any other bonds required under the terms of the Servicing Agreement are in full force and effect.
f) Enclosed is a copy of our most recent independent audit statement.
CERTIFIED BY: /s/ Kim Greaves Kim Greaves Senior Vice President
Date: 3/13/06
CERTIFIED BY: /s/ Jim Miller Jim Miller Senior Vice President
Date: 3/13/06
(page)
Wells Fargo - 2005 deals
Investor# Agreement Name Agreement Date
047 FC0105 1/15/05 047 FC0205 2/15/05 047 FC0305 3/15/05 047 FC0405 4/15/05 047 FC0505 5/15/05 047 FC0605 5/15/05 047 FC0705 7/27/05 047 FC0805 8/27/05 047 FC0905 9/20/05 047 FC1005 10/20/05 047 FC1105 11/25/05 047 FC1205 12/19/05 G62 BAF05001 2/1/05 G63 CSF05001 2/1/05 G65 JPA050S1 2/1/05 G69 JPA050A1 2/1/05 G70 MAL05001 2/1/05 G75 5MASD1 3/1/05 G76 CSF05002 3/2/05 G80 5GSMP1 3/7/05 G84 JPA050A2 4/1/05 G85 BAF05002 4/1/05 G86 MAL05003 4/1/05 G87 CSF05003 4/1/05 G92 MST05001 4/1/05 G96 MAL05004 6/1/05 G97 CSF05004 5/1/05 G98 JPA050A3 6/2/05 L06 CSF05005 6/1/05 L07 BAF05003 6/1/05 L09 MSS05001 6/1/05 L15 JPA050A4 7/1/05 L19 BAF0500E 7/1/05 L23 CSF05006 7/1/05 L27 JPA050A5 8/1/05 L33 MAL05005 8/5/05 L37 BAY0500C 9/12/05 L38 JPA050S2 9/1/05 L41 JPA050A6 9/1/05 L42 5MARP2 9/1/05 L48 CSF05009 10/3/05 L49 JPA050A7 10/3/05
(page)
L53 THB05003 9/1/05 L55 JPA050A8 11/1/05 L56 5MABA1 11/1/05 L57 BAY0500D 11/1/05 L58 CSF05010 11/1/05 L59 MST05002 11/1/05 L62 5MSST2 1111/05 L65 MAL05006 12/1/05 L66 JPL050S1 12/1/05 L67 BAF05007 12/1/05 L68 CSF05011 12/1/05 L72 JPA050S3 12/1/05 L74 JPL050A2 12/1/05 571 PPS05WC1 1/26/05 572 PEOPLES CHOICE 2005-1 3/28/05 578 FLD0501 2/25/05 583 MAB05HE1 4/28/05 598 FLD0502 7/29/05 599 FBR05001 7/29/05 602 HAS05NC1 9/13/05 608 FBR05002 9/29/05 609 MAB05HE2 9/29/05 610 HAS05NC2 9/29/05 615 MSI05HE5 10/27/0 617 FLD0503 11/28/0 621 FBR05004 12/5/05 622 FBR05005 12/5/05 624 HAS05I01 12/21/05 AEGO5004 ARM0511 FS2005-1 FS2005-2 FS2005-3 GS2005-RP1 MAB05AB1 MRLT2005-1 MRLT2005-2 MSM058SL NLC05004 PRM05005
(page)
Wells Fargo - 2004 and prior deals
Investor# Agreement Name Agreement Date
18 1997 WL-3 46 FC0704 46 FC0804 46 FC0904 46 FC1004 46 FC1104 46 FC1204 111 1999WL6 168 PRM04-CL1 1/1/04 361 01996U 32E JPMMT 2004-S1 1/1/04 32J JPM2004-S1 8/1/04 A37 E94001 A39 J21001 C48 MAST 2004-1 9/1/04 C84 2002WL7 5/1/02 D92 S44003 MALT2002-1 7/30/02 002WLF 7/1/02/F20 002WLG 8/27/02 2003-WLV 7/1/03 2002WLJ Bayview 2003-D 7/1/03 002FX2 Bayview 2003-E 7/1/03 002WLM 002WLS 2CRA57 2002WL12 MALT2003-2 3/1/03 MALT2003-3 6/1/03 MAST2003-5 6/1/03 MAST2003-6 6/1/03 MAST2003-7 7/1/03 MAST2003-8 8/1/03 MASTR9 MAST03-10 10/1/03 MALT2003-7 10/1/03 MALT2003-8 11/1/03 MALT2003-9 1/2/04 MAST2003-9 9/1/03 MAST03-12 1/2/04
(page)
DBALT4 1/21/04 MALT2004-4 2/2/04 MALT2004-2 3/1/04 MAST2004-3 2/1/04 MALT2004-3 4/1/04 Bear Stearns Mortgage Securities Inc Series 1998-1 3/1/04 Bear Stearns Mortgage Securities Inc Series 1998-5 3/1/04 PRM04-CL2 4/1/04 SAMI 1998-8 3/1/04 MALT2004-4 5/3/04 MAST2004-5 4/1/04 MALT2004-5 6/3/04 002FX5 MAST2004-6 6/1/04 MALT2004-6 7/5/04 MALT2004-7 7/1/04 MAST2004-8 7/1/04 MAST2004-9 8/1/04 MALT2004-8 8/1/04 MALT2004-9 8/1/04 GSMPS 2003-1 10/1/03 MALT04-10 9/1/04 G01 JPM2004-A1 1/1/04 G05 JPM2004-A2 4/1/04 G06 GS2004-1 2/1/04 G10 JPM2004-A3 6/1/04 G12 GS2004-3 5/1/04 G16 JPM2004-A4 7/1/04 G19 CSFB04-4 8/2/04 G22 CSFB04-5 9/1/04 G23 BAY2004-C 9/1/04 G29 CSFB04-6 10/1/04 G36 JPM2004-A5 10/1/04 G38/J07 CSFB04-7 11/1/04 G39 MALT04-11 11/1/04 G40/J08 MAST04-10 10/1/04 G43 JPM2004-A6 12/1/04 G44 CSFB04-8 12/1/04 G45 JPM2004-S2 11/1/04 G47 MAST04-11 11/1/04 G48 MALT04-12 11/1/04 G53 BAY2004-D 3/1/04 G54 4BAFC4 10/1/04 G56 BAFC2004-5 10/1/04 G56 4BAFC6 G58 MALT04-13 12/1/04
(page)
H71 CSFB 2001-AR24 J08 4MAS10 Deutsche Mortgage Securities, Inc. 2004-4 GS2003-3 10/1/03 MAST2004-4 MAST2004-1 SAM2000-1 CMLT04-HE1 CMLT2004-1 CSFB04-AR5 FNMA200233 FS2003-1 FS2004-1 FS2004-2 FS2004-3 FS2004-4 FS2004-5 GEMLMLM HARTX83-A JEFFTX84 MALT2002-2 MALT2003-5 MARM2003-1 MAST2002-7 MAST2003-2 MAST2003-3 MAST2003-4 MS1997-P1 MSGF1996-1 MSST2003-1 NATIONSBK NORWEST-TX RMSC89-8 SASCO02-9 SMSC92-6 SMT91-05 SMT92-01 SMT93-04 329 SOPAC/ 97-2 / WELLS FARGO TRUST SERVICES 389 AMRES98-2 6/22/98 466 Aegis Asset Backed Securities Trust 2003-1 3/27/03 479 FIRST FRANKLIN MORTGAGE LOAN TRUST 2003-FF2 6/26/03 480 First Franklin Mortgage Loan Trust 2003-FFC 6/1/03 483 GS2003-HE2 9/8/03 488 First Franklin Mortgage Loan Trust 2003-FF4 9/1/03 489 Aegis Asset Backed Securities Trust 2003-2 10/8/03
(page)
497 FIELDSTONE MORTGAGE INVESTMENT CORP 2003-1 10/23/03 501 GS2003-AHL 10/29/03 502 Aegis Asset Backed Securities Trust 2003-3 11/18/03 510 Aegis Asset Backed Securities Trust 2004-1 1/23/04 511 Fieldstone Mortgage Investment Trust 2004-1 1/30/04 514 FIRST FRANKLIN MORTGAGE LOAN TRUST 2004-FFA 2/1/04 520 Fieldstone Mortgage Investment Trust 2004-2 4/20/04 524 FIRST FRANKLIN MORTGAGE LOAN TRUST 2004-FF3 5/1/04 528 Aegis Asset Backed Securities Trust 2004-3 6/21/04 532 Fieldstone Mortgage Investment Trust 2004-3 6/21/04 537 SAIL2004-7 7/27/04 542 Aegis Asset Backed Securities Trust 2004-4 8/26/04 544 FFMLT 2004-FF7 8/1/04 547 MS2004-5AR 9/23/04 548 MS2004-6AR 9/23/04 549 MS2004-7AR 9/23/04 555 MABS04HE1 10/1/04 556 MS2004-8AR 9/30/04 558 Fieldstone Mortgage Investment Trust 2004-4 9/30/04 562 PEOPLES CHOICE 2004-2 11/23/04 566 Fieldstone Mortgage Investment Trust 2004-5 11/23/04 BSALTA2003-4 BSRT2001-4 CMLT2003-1 9/1/98 DALT03-4XS 11/1/03
EX-99.3 (b) (logo) National City
National City Home Loan Services, Inc. P.O. Box 1838 Pittsburgh, PA 15230-1838
OFFICER'S CERTIFICATE
Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 Attention: Servicer Oversight Group
Re: HSI Asset Securitization Corporation Trust 2005-I1 Mortgage Pass-Through Certificates, Series 2005-I1
Dear Master Servicer:
The undersigned Officer certifies the following for the 2005 fiscal year:
(1) A review of the activities of the Servicer during the preceding fiscal year and of the Servicer's performance of the Servicer under the terms of the Servicing Agreement with respect to such Loans has been made under the supervision of the officer who signed such Officer's Certificate;
(2) To the best of such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this Agreement throughout such year, or if there has been a default in the fulfillment of any such obligation, such Officer's Certificate shall specify each such default known to such signer and the nature and status thereof and what action the Servicer proposes to take with respect thereto.
Certified by:/s/Steven A. Baranet
Officer: Steven A. Baranet
Title: Vice President
Date: 3/22/06
National City Home Loan Services, Inc. is a subsidiary of National City Bank of Indiana. First Franklin and NationPoint are divisions of National City Bank of Indiana, which is a wholly-owned subsidiary of National City Corporation. National City Home Loan Services, Inc. services loans for the following affiliated entitles as First Franklin Loan Services, National City Loan Services and NationPoint:
National City Bank National City Bank of Indiana National City Bank of Kentucky National City Bank of the Midwest National City Bank of Pennsylvania NationPoint First Franklin Financial Corporation
(logo) EQUAL HOUSING LENDER
EX-99.3 (c) (logo) OPTION ONE M O R T G A G E
(logo) H&R BLOCK
an H&R BLOCK company
March 10, 2006
HSI Asset Securitization Corporation 452 Fifth Avenue, 10th Floor New York, New York 10018 Attention: Head MBS Principal Finance
Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, Maryland 21045 Attention: Client Service Manager HASCO 2005-OPT1
Deutsche Bank National Trust Company 1761 East St. Andrew Place Santa Ana, California 92705-4934 Attention: Trust Administration HB0503
Moody's Investor Service, Inc. 99 Church Street New York, NY 10007 Attention: MBS Monitoring
Fitch Ratings One State Street Plaza New York, NY 10007
Standard & Poor's Rating Services, Inc. 55 Water Street New York, NY 10004 Inv#410
Re: HSI Asset Securitization Corporation Trust 2005-I1 Mortgage Pass-Through Certificates, SERIES 2005-I1
Pursuant to Section 3.22 of the Pooling and Servicing Agreement, dated and effective as of November 1, 2005, among HSI Asset Securitization Corporation, as Depositor, JPMorgan Chase Bank, National Association, National City Home Loan Services, Inc., Option One Mortgage Corporation, as Servicers, First Franklin Financial Corporation, NC Capital Corporation, Option One Mortgage Corporation as Mortgage Loan Originators, Wells Fargo Bank, N.A., as Master Servicer, Securities Administrator and Custodian, Clayton Fixed Income Services Inc., as Credit Risk Manager, and Deutsche Bank National Trust Company as Trustee, (the "Servicing Agreement"), enclosed is the required officer's certificate of compliance.
If you have any questions, please contact Elizabeth Nguyen at (949) 727-8226 or email: Elizabeth.Nguyen@oomc.com
Option One Mortgage Corporation 6501 Irvine Center Drive Irvine, CA 92618
www.optiononeonline.com
3 Ada Irvine California 92618 949.704.3600 Fax 949.790.7514
(page)
(logo) Option One Mortgage an H&R Block Company
OFFICER'S CERTIFICATE
ANNUAL STATEMENT OF THE SERVICER
I, Fabiola Camperi, the duly appointed Chief Servicing Officer of Option One Mortgage Corporation, the Servicer, hereby certify that (i) a review of the activities of the Servicer during the calendar year ended December 31, 2005 and of performance under the Servicing Agreement, as defined in the cover letter, has been made under my supervision, and (ii) to the best of my knowledge, based on such review, the Servicer has fulfilled all of its obligations under the Servicing Agreement during such year.
By: /s/ Fabiola Camperi
Name: Fabiola Camperi Title: Chief Servicing Officer Date: February 28, 2006
6501 Irvine Center Drive * Irvine * Californa * 92618-2304 * 949-790-3600
Ex-99.4
Schedule of Year-To-Date Principal and Interest Distributions to Certificateholders