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 Master Servicer or the registrant with respect to the Trust.
Item 4.
Item 4. Submission of Matters to a Vote of Security Holders.
There were no matters submitted to a Vote of the Security Holders.
PART II
Item 5.
Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
(a) There is no established public trading market for the certificates.
(b) There are approximately 9 holders of record as of the end of the reporting year.
(c) Not applicable.
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.
Not applicable.
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:
(1) Officer's Annual Statement as to Compliance PHH Mortgage Corporation (formerly known as Cendant Mortgage Corporation) as Master Servicer
(2) Independent Auditor's Report PHH Mortgage Corporation (formerly known as Cendant Mortgage Corporation) as Master Servicer
(3) Aggregate Statement of Principal and Interest Distributions to Certificate Holders
(4) Sarbanes-Oxley Certification
(b) The exhibits required to be filed by Registrant pursuant to Item 601 of Regulation S-K are listed above
(c) Not applicable.
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.
PHH Mortgage Capital LLC -----------------------------------------------------------------
By /s/ Terence W. Edwards ----------------------------------------- Terence W. Edwards President and Chief Executive Officer PHH Mortgage Corporation
Date March 29, 2006 ----------------------------------------
Supplemental Information to be Furnished With Reports Filed Pursuant to Section 15(d) of the Act by Registrants Which Have Not Registered Securities Pursuant to Section 12 of the Act
(a)(1) No annual report is provided to security holders; and
(2) No proxy statement, form of proxy or other proxy soliciting material has been sent to any security holders with respect to any annual or other meeting of security holders.