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<div><font size="2" face="Times New Roman">&nbsp;</font></div>

<div  align="center"><font size="4" face="Times New Roman"><b>SECURITIES AND EXCHANGE COMMISSION<br>  </b><font size="3"><b>Washington, D.C. 20549</b></font></font></div>

<div  align="center"><font size="3" face="Times New Roman"><b>&nbsp;</b></font></div>

<div  align="center"><font size="4" face="Times New Roman"><b>FORM 8-K</b></font></div>

<div><font size="2" face="Times New Roman">&nbsp;</font></div>

<div  align="center"><font size="3" face="Times New Roman"><b>CURRENT  REPORT</b></font></div>

<div  align="center"><font size="2" face="Times New Roman"><b>&nbsp;</b></font></div>

<div  align="center"><font size="2" face="Times New Roman"><b>Pursuant to Section  13 or 15(d) of the</b></font></div>

<div  align="center"><font size="2" face="Times New Roman"><b>Securities Exchange  Act of 1934</b></font></div>

<div><font size="2" face="Times New Roman">&nbsp;</font></div>

<div  align="center"><font size="2" face="Times New Roman"><b>Date of Report (Date  of earliest event reported) September 27, 2005</b></font></div>

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  <div  align="center"><font size="3" face="Times New Roman"><b>Financial    Asset Securities Corp.</b></font></div>
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  <div  align="center"><font size="1" face="Times New Roman"><b>(Exact name of registrant as specified in its charter)</b></font></div>
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  <div  align="center"><font size="2" face="Times New Roman"><b>Delaware</b></font></div>
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  <div  align="center">&nbsp;</div>
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  <div  align="center"><font size="2" face="Times New Roman"><b>333-127352-01</b></font></div>
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  <div  align="center"><font size="2" face="Times New Roman"><b>06-1442101</b></font></div>
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  <div  align="center"><font size="1" face="Times New Roman"><b>(State or    Other Jurisdiction<br>    of Incorporation)</b></font></div>
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  <div  align="center">&nbsp;</div>
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  <div  align="center"><font size="1" face="Times New Roman"><b>(Commission    File Number)</b></font></div>
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  <div  align="center">&nbsp;</div>
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  <div  align="center"><font size="1" face="Times New Roman"><b>(I.R.S.    Employer Identification Number)</b></font></div>
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  <div  align="center"><font size="2" face="Times New Roman"><b>600 Steamboat Road<br>    Greenwich, Connecticut&nbsp;</b></font></div>
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  <div  align="center">&nbsp;</div>
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  <div  align="center"><font size="2" face="Times New Roman"><b>06830</b></font></div>
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<div><font size="2" face="Times New Roman">&nbsp;</font></div>

<div><font size="2" face="Times New Roman">Registrant&#146;s telephone number,  including area code:&#160; (203) 625-2700</font></div>

<div><font size="2" face="Times New Roman">&nbsp;</font></div>

<div><font size="2" face="Times New Roman">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):</font></div>

<div><font size="2" face="Times New Roman">&nbsp;</font></div>

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  <div><font size="2" face="Times New Roman">Written    communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></div>
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  <div><font size="2" face="Times New Roman">Soliciting    material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR    240.14a-12(b))</font></div>
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  <div><font size="2" face="Times New Roman">Pre-commencement    communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR    240.14d-2(b))</font></div>
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  <div><font size="2" face="Times New Roman">Pre-commencement    communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR    240.13e-4(c))</font></div>
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<div><font size="2" face="Times New Roman">Item  8.01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>Other Events</u></font></div>

<div><font size="2" face="Times New Roman">&nbsp;</font></div>

<div><font size="2" face="Times New Roman">Description of the Certificates  and the Mortgage Pool</font></div>

<div><font size="2" face="Times New Roman">&nbsp;</font></div>

<div><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financial  Asset Securities Corp. (the &#147;Registrant&#148;) plans a series of certificates,  entitled Soundview Home Loan Trust 2005-OPT3, Asset-Backed Certificates, Series  2005-OPT3 (the &#147;Certificates&#148;), to be issued pursuant to a pooling and  servicing agreement, dated as of September 1, 2005, among the Registrant as  depositor, Option One Mortgage Corporation as servicer and Deutsche Bank  National Trust Company, as trustee. The Certificates to be designated as the  Series 2005-OPT3 Certificates will represent in the aggregate the entire  beneficial ownership interest in a trust fund (the &#147;Trust Fund&#148;) consisting  primarily of a pool (the &#147;Mortgage Pool&#148;) of conventional, one- to four-family,  first lien and second lien adjustable-rate and fixed-rate residential mortgage  loans having original terms to maturity up to 30 years (the &#147;Mortgage
Loans&#148;).</font></div>

<div><font size="2" face="Times New Roman">&nbsp;</font></div>

<div><font size="2" face="Times New Roman">Computational Materials</font></div>

<div><font size="2" face="Times New Roman">&nbsp;</font></div>

<div><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Greenwich  Capital Markets, Inc. (the &#147;Underwriter&#148;) has advised the Registrant that it  has furnished to certain prospective purchasers of Certificates certain  materials, herein referred to as &#147;Computational Materials&#148;, in written form,  which Computational Materials are in the nature of data tables and term sheet  information relating to the Mortgage Loans or other assets of the Trust Fund,  the structure of the Certificates and terms of certain classes of Certificates,  and the hypothetical characteristics and hypothetical performance of certain  classes of Certificates under certain assumptions and scenarios.</font></div>

<div><font size="2" face="Times New Roman">&nbsp;</font></div>

<div><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The  Computational Materials have been provided by the Underwriter. </font></div>

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<div><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The  Computational Materials were prepared by the Underwriter at the request of  certain prospective investors. The Computational Materials may be based on  information that differs from the information set forth in the Prospectus  Supplement.</font></div>

<div><font size="2" face="Times New Roman">&nbsp;</font></div>

<div  align="center"><font size="2" face="Times New Roman">2</font></div>

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<div><font size="2" face="Times New Roman">Item  9.01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>Financial  Statements and Exhibits</u></font></div>

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  <div><font size="2" face="Times New Roman">(a)</font></div>
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  <div><font size="2" face="Times New Roman">Not    applicable</font></div>
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  <div><Font size="2" face="Times New Roman">&nbsp;</font></div>
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  <div><font size="2" face="Times New Roman">(b)</font></div>
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  <div><font size="2" face="Times New Roman">Not    applicable</font></div>
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  <div><font size="2" face="Times New Roman">(c)</font></div>
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  <div><font size="2" face="Times New Roman">Exhibits</font></div>
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<div><font size="2" face="Times New Roman">&nbsp;</font></div>

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  <Div style="margin-left: 3%; text-indent:-3%"><font size="1" face="Times New Roman"><b>Exhibit No.</b></font></div>
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  <div  align="center"><font size="1" face="Times New Roman"><b>Description</b></font></div>
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  <Div style="margin-left: 3%; text-indent:-3%"><font size="2" face="Times New Roman">99.1</font></div>
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  <Div style="margin-left: 3%; text-indent:-3%"><Font size="2" face="Times New Roman">&nbsp;</font></div>
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  <Div><font size="2" face="Times New Roman">Computational    Materials (as defined in Item 5) that have been provided by Greenwich Capital    Markets, Inc. to certain prospective purchasers of Soundview Home Loan Trust    2005-OPT3, Asset-Backed Certificates, Series 2005-OPT3.</font></div>
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<div><font size="2" face="Times New Roman">&nbsp;</font></div>

<div  align="center"><font size="2" face="Times New Roman">3</font></div>

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<div  align="center"><font size="2" face="Times New Roman">SIGNATURES</font></div>

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<div><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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.</font></div>

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  <div><font size="2" face="Times New Roman">Dated:    September 29, 2005</font></div>
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  <div><font size="2" face="Times New Roman">FINANCIAL    ASSET SECURITIES CORP.</font></div>
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  <div><font size="2" face="Times New Roman">By:</font></div>
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  <div><font size="2" face="Times New Roman">/s/ Frank    Skibo</font></div>
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  <div><font size="2" face="Times New Roman">Name:</font></div>
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  <div><font size="2" face="Times New Roman">Frank Skibo</font></div>
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  <div><font size="2" face="Times New Roman">Title:</font></div>
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  <div><font size="2" face="Times New Roman">Managing    Director</font></div>
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<div><font size="2" face="Times New Roman">&nbsp;</font></div>

<div  align="center"><font size="2" face="Times New Roman">4</font></div>

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<div><Font size="2" face="Times New Roman">&nbsp;</font></div>

<div  align="center"><font size="2" face="Times New Roman"><u>Index to Exhibits</u></font></div>

<div><font size="2" face="Times New Roman">&nbsp;</font></div>

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    <div align="left"><font size="1" face="Times New Roman"><b>Exhibit    No.</b></font></div></td>
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  <div  align="center">&nbsp;</div>
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  <div  align="center"><font size="1" face="Times New Roman"><b>Description</b></font></div>
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  <div  align="center">&nbsp;</div>
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  <div  align="center"><font size="1" face="Times New Roman"><b>Sequentially<br>    Numbered Page</b></font></div>
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  <div  align="center"><font size="2" face="Times New Roman">99.1</font></div>
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  <div><Font size="2" face="Times New Roman">&nbsp;</font></div>
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  <td width="76%" valign="top">
  <div><font size="2" face="Times New Roman">Computational    Materials (as defined in Item 5) that have been provided by Greenwich Capital    Markets, Inc. to certain prospective purchasers of Soundview Home Loan Trust    2005-OPT3, Asset-Backed Certificates, Series 2005-OPT3.</font></div>
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  <div><Font size="2" face="Times New Roman">&nbsp;</font></div>
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  <div  align="center"><font size="2" face="Times New Roman">P</font></div>
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<div><font size="2" face="Times New Roman">&nbsp;</font></div>

<div  align="center"><font size="2" face="Times New Roman">5</font></div>

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{"company-data": {"conformed-name": "FINANCIAL ASSET SECURITIES CORP", "cik": "0001003197", "assigned-sic": "6189", "irs-number": "061442101", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-99463", "film-number": "051114073"}, "business-address": {"street1": "600 STEAMBOAT ROAD", "city": "GREENWICH", "state": "CT", "zip": "92618", "phone": "2036252700"}, "mail-address": {"street1": "600 STEAMBOAT RD", "city": "GREENWICH", "state": "CT", "zip": "92618"}}
Prepared and filed by St Ives Burrups
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) September 27, 2005
Financial    Asset Securities Corp.
(Exact name of registrant as specified in its charter)
Delaware
333-127352-01
06-1442101
(State or    Other Jurisdiction
of Incorporation)
(Commission    File Number)
(I.R.S.    Employer Identification Number)
600 Steamboat Road
Greenwich, Connecticut
06830
(Address    of Principal Executive Offices)
(Zip Code)
Registrant's telephone number,  including area code:  (203) 625-2700
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
Description of the Certificates  and the Mortgage Pool
Financial  Asset Securities Corp. (the "Registrant") plans a series of certificates,  entitled Soundview Home Loan Trust 2005-OPT3, Asset-Backed Certificates, Series  2005-OPT3 (the "Certificates"), to be issued pursuant to a pooling and  servicing agreement, dated as of September 1, 2005, among the Registrant as  depositor, Option One Mortgage Corporation as servicer and Deutsche Bank  National Trust Company, as trustee. The Certificates to be designated as the  Series 2005-OPT3 Certificates will represent in the aggregate the entire  beneficial ownership interest in a trust fund (the "Trust Fund") consisting  primarily of a pool (the "Mortgage Pool") of conventional, one- to four-family,  first lien and second lien adjustable-rate and fixed-rate residential mortgage  loans having original terms to maturity up to 30 years (the "Mortgage
Loans").
Computational Materials
Greenwich  Capital Markets, Inc. (the "Underwriter") has advised the Registrant that it  has furnished to certain prospective purchasers of Certificates certain  materials, herein referred to as "Computational Materials", in written form,  which Computational Materials are in the nature of data tables and term sheet  information relating to the Mortgage Loans or other assets of the Trust Fund,  the structure of the Certificates and terms of certain classes of Certificates,  and the hypothetical characteristics and hypothetical performance of certain  classes of Certificates under certain assumptions and scenarios.
The  Computational Materials have been provided by the Underwriter.
The  Computational Materials were prepared by the Underwriter at the request of  certain prospective investors. The Computational Materials may be based on  information that differs from the information set forth in the Prospectus  Supplement.
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Item  9.01
Financial  Statements and Exhibits
(a)
Not    applicable
(b)
Not    applicable
(c)
Exhibits
Exhibit No.
Description
99.1
Computational    Materials (as defined in Item 5) that have been provided by Greenwich Capital    Markets, Inc. to certain prospective purchasers of Soundview Home Loan Trust    2005-OPT3, Asset-Backed Certificates, Series 2005-OPT3.
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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:    September 29, 2005
FINANCIAL    ASSET SECURITIES CORP.
By:
/s/ Frank    Skibo
Name:
Frank Skibo
Title:
Managing    Director
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Index to Exhibits
Exhibit    No.
Description
Sequentially
Numbered Page
99.1
Computational    Materials (as defined in Item 5) that have been provided by Greenwich Capital    Markets, Inc. to certain prospective purchasers of Soundview Home Loan Trust    2005-OPT3, Asset-Backed Certificates, Series 2005-OPT3.
P
5