-----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, QhVjffBw8hK15XkILiKmfbDMl4PgRekLhjRHEuYkynRd4Mk0Xjq+Vshpxf9Fr87M tX5ZsdN4sTY5IPzKhloEGQ== 0001071787-06-000263.txt : 20060201 0001071787-06-000263.hdr.sgml : 20060201 20060201153141 ACCESSION NUMBER: 0001071787-06-000263 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060125 ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20060201 DATE AS OF CHANGE: 20060201 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CWABS Inc. Asset-Backed Certificates Trust 2005-IM1 CENTRAL INDEX KEY: 0001337153 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: 333-125164-06 FILM NUMBER: 06569553 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 cwa05im1_8k0601.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): January 25, 2006 CWA (Depositor) (Issuer in respect of Asset Backed Certificates, Series 2005-IM1) (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: January 25, 2006 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 January 25, 2006 Payment Date: 01/25/06 ------------------------------------------------------------ Countrywide Home Loans Servicing LP Asset Backed Certificates, Series 2005-IM1 ------------------------------------------------------------
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 A1 215,693,876.66 4.508750% 14,806,236.31 783,410.65 15,589,646.96 0.00 0.00 A2 399,838,000.00 4.658750% 0.00 1,500,544.81 1,500,544.81 0.00 0.00 A2M 44,426,000.00 4.728750% 0.00 169,230.67 169,230.67 0.00 0.00 A3 41,279,000.00 4.778750% 0.00 158,905.52 158,905.52 0.00 0.00 A3M 4,587,000.00 4.848750% 0.00 17,916.54 17,916.54 0.00 0.00 A4 29,596,000.00 4.758750% 0.00 113,454.42 113,454.42 0.00 0.00 A4M 3,288,000.00 4.878750% 0.00 12,922.18 12,922.18 0.00 0.00 AIO 632,055,619.00 0.800000% 0.00 421,370.41 421,370.41 0.00 0.00 M1 30,508,000.00 4.858750% 0.00 119,408.10 119,408.10 0.00 0.00 M2 13,459,000.00 4.878750% 0.00 52,895.27 52,895.27 0.00 0.00 M3 8,524,000.00 4.918750% 0.00 33,774.87 33,774.87 0.00 0.00 M4 6,729,000.00 5.028750% 0.00 27,258.76 27,258.76 0.00 0.00 M5 7,178,000.00 5.108750% 0.00 29,540.21 29,540.21 0.00 0.00 M6 5,383,000.00 5.178750% 0.00 22,456.64 22,456.64 0.00 0.00 M7 5,832,000.00 5.628750% 0.00 26,443.87 26,443.87 0.00 0.00 B 7,630,000.00 5.888294% 0.00 39,206.28 39,206.28 0.00 0.00 P 100.00 0.000000% 0.00 180,473.61 180,473.61 0.00 0.00 C 823,950,876.66 0.000000% 0.00 379,547.36 379,547.36 0.00 0.00 Residual AR 0.00 0.000000% 0.00 0.00 0.00 0.00 0.00 - ---------------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------------- Totals - - 823,950,976.66 - 14,806,236.31 4,088,760.15 18,894,996.46 - - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information - -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest - -------------------------------------------------------------------------------- Senior A1 200,887,640.35 0.00 A2 399,838,000.00 0.00 A2M 44,426,000.00 0.00 A3 41,279,000.00 0.00 A3M 4,587,000.00 0.00 A4 29,596,000.00 0.00 A4M 3,288,000.00 0.00 AIO 579,043,610.00 0.00 M1 30,508,000.00 0.00 M2 13,459,000.00 0.00 M3 8,524,000.00 0.00 M4 6,729,000.00 0.00 M5 7,178,000.00 0.00 M6 5,383,000.00 0.00 M7 5,832,000.00 0.00 B 7,630,000.00 0.00 P 100.00 0.00 C 809,144,640.35 0.00 Residual AR 0.00 0.00 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Totals - - 809,144,740.35 - - --------------------------------------------------------------------------------
Payment Date: 01/25/06 ------------------------------------------------------------ Countrywide Home Loans Servicing LP Asset Backed Certificates, Series 2005-IM1 ------------------------------------------------------------
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 A1 215,693,876.66 4.508750% 1266733V2 51.227688 2.710501 695.045602 A2 399,838,000.00 4.658750% 1266733W0 0.000000 3.752882 1,000.000000 A2M 44,426,000.00 4.728750% 1266733X8 0.000000 3.809271 1,000.000000 A3 41,279,000.00 4.778750% 1266733Y6 0.000000 3.849549 1,000.000000 A3M 4,587,000.00 4.848750% 1266733Z3 0.000000 3.905937 1,000.000000 A4 29,596,000.00 4.758750% 1266734Q2 0.000000 3.833437 1,000.000000 A4M 3,288,000.00 4.878750% 1266734R0 0.000000 3.930104 1,000.000000 AIO 632,055,619.00 0.800000% 1266734A7 0.000000 0.469606 645.328530 M1 30,508,000.00 4.858750% 1266734B5 0.000000 3.913993 1,000.000000 M2 13,459,000.00 4.878750% 1266734C3 0.000000 3.930104 1,000.000000 M3 8,524,000.00 4.918750% 1266734D1 0.000000 3.962326 1,000.000000 M4 6,729,000.00 5.028750% 1266734E9 0.000000 4.050937 1,000.000000 M5 7,178,000.00 5.108750% 1266734F6 0.000000 4.115382 1,000.000000 M6 5,383,000.00 5.178750% 1266734G4 0.000000 4.171771 1,000.000000 M7 5,832,000.00 5.628750% 1266734H2 0.000000 4.534271 1,000.000000 B 7,630,000.00 5.888294% 1266734J8 0.000000 5.138438 1,000.000000 P 100.00 0.000000% 1266734K5 0.000000 1,804,736.100000 1,000.000000 C 823,950,876.66 0.000000% 1266734L3 0.000000 0.422995 901.769940 Residual AR 0.00 0.000000% 1266734M1 0.000000 0.000000 0.000000 - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ Totals - - 823,950,976.66 - - - - - - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------ Countrywide Home Loans Servicing LP Asset Backed Certificates, Series 2005-IM1 ------------------------------------------------------------ - -------------------------------------------------------------------------------- COLLATERAL INFORMATION - -------------------------------------------------------------------------------- Total ----- Prin balance 809,144,640.35 809,144,640.35 Loan count 3139 3139 Avg loan rate 6.123672% 6.12 Prepay amount 14,706,313.91 14,706,313.91 - -------------------------------------------------------------------------------- FEES AND ADVANCES - -------------------------------------------------------------------------------- Total ----- Master serv fees 245,885.49 245,885.49 Sub servicer fees 0.00 0.00 Trustee fees 6,179.63 6,179.63 Agg advances N/A N/A Adv this period 111,575.59 111,575.59 - -------------------------------------------------------------------------------- LOSSES & INSURANCE COVERAGES - -------------------------------------------------------------------------------- Total ----- Realized losses 0.00 0.00 Cumulative losses 0.00 0.00 Coverage Amounts Total - ---------------- ----- Bankruptcy 0.00 0.00 Fraud 17,945,700.00 17,945,700.00 Special Hazard 0.00 0.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 100.000000% 100.000000% 823,950,976.66 ----------------------------------------------------------------------------- Junior 0.000000% 0.000000% 0.00 ----------------------------------------------------------------------------- - -------------------------------------------------------------------------------- DELINQUENCY INFORMATION - -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance - ------ ---------- --------------------- 30 to 59 days 40 8,213,835.95 60 to 89 days 11 3,096,478.21 90 or more 6 2,205,473.57 Foreclosure 22 4,862,045.32 Totals: 79 18,377,833.05 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- REO INFORMATION - -------------------------------------------------------------------------------- REO Date Loan Number Ending Stated Balance Book Value -------- ----------- --------------------- ---------- N/A # 0 N/A Totals: 0 N/A Current Total Outstanding Balance: 360,000.00 Current Total Outstanding Number of Loans: 1 - -------------------------------------------------------------------------------- OTHER INFORMATION - -------------------------------------------------------------------------------- Amount/Withdrawal Total/Ending Bal. ----------------- ----------------- Available remittance amount 18,894,996.46 18,894,996.46 Principal remittance amount 14,806,236.31 14,806,236.31 Interest remittance amount 4,088,760.15 4,088,760.15 -----END PRIVACY-ENHANCED MESSAGE-----