Exhibit 99.1


                        ANNUAL STATEMENT AS TO COMPLIANCE

                Carrington Mortgage Loan Trust, Series 2005-NC4
                     Asset Backed Pass-Through Certificates

      I, Richard Cimino, hereby certify that I am a duly appointed President of
New Century Mortgage Corporation (the "Servicer"), and further certify as
follows:

      1. This certification is being made pursuant to the terms of the Pooling
and Servicing Agreement, dated as of August 1, 2005 (the "Agreement"), among
Stanwich Asset Acceptance Company, L.L.C. as depositor (the "Depositor"), the
Servicer and Deutsche Bank National Trust Company as trustee (the "Trustee").

      2. I have reviewed the activities of the Servicer during the preceding
year and the Servicer's performance under the Agreement and to the best of my
knowledge, based on such review, the Servicer has fulfilled all of its
obligations under the Agreement throughout the year.

      Capitalized terms not otherwise defined herein have the meanings set forth
in the Agreement.


Dated: March 2, 2006


            IN WITNESS WHEREOF, the undersigned has executed this Certificate as
of March 2, 2006.

                                                By: /s/ Richard Cimino
                                                    ----------------------------
                                                    Name:  Richard Cimino
                                                    Title: President

            I, Joseph Tortorelli, an Assistant Secretary of the Company, hereby
certify that Richard Cimino is a duly elected, qualified, and acting President
of the Company and that the signature appearing above is his genuine signature.

            IN WITNESS WHEREOF, the undersigned has executed this Certificate as
of March 2, 2006.

                                                By: /s/ Joseph Tortorelli
                                                    ----------------------------
                                                    Name:  Joseph Tortorelli
                                                    Title: Assistant Secretary