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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>UNITED STATES </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>SECURITIES AND
EXCHANGE COMMISSION </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>Washington, D.C. 20549 </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>FORM 8-K </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>CURRENT REPORT </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Pursuant to Section 13
OR 15(d) of </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Securities
Exchange Act of 1934 </FONT></H1>

<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2> Date of Report
(Date of earliest event reported): April 8, 2005 </FONT></H1>


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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3><U>RESIDENTIAL ASSET
SECURITIES CORPORATION, </U></FONT></h1>

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<h1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>on behalf of the
RASC Series 2005-KS3 Trust </U></FONT></h1>

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<h1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Exact name of
registrant as specified in its charter) </FONT></h1>

<BR>



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     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Delaware</FONT><HR WIDTH=95% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2">333-108865-16</FONT><HR WIDTH=95% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2">51-0362653</FONT><HR WIDTH=95% SIZE=1 COLOR=BLACK NOSHADE></TH></TR>
<TR VALIGN="TOP">
     <TD align=center><FONT FACE="Times New Roman, Times, Serif" SIZE="2">(State or other jurisdiction<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;of incorporation)
</FONT></TD>
     <TD align=center><FONT FACE="Times New Roman, Times, Serif" SIZE="2">(Commission File Number)
</FONT></TD>
     <TD align=center><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;(IRS Employer<BR>
Identification No.)
</FONT></TD></TR>
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<BR><BR>








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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>8400
Normandale Lake Boulevard, Suite 250</FONT></H1>

<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Minneapolis, Minnesota &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 55437</FONT></H1>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Address of principal executive office)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;   (Zip Code)</FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Registrant&#146;s telephone number,
including area code ) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(952) 857-7000 </FONT></H1>
 <BR>
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<h1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>N/A</FONT></h1>
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<h1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Former
name or address, if changed since last report) </FONT></h1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>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></P>















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     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TH></TR>
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     <TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">[  ]<BR>
<BR>
[  ]<BR>
<BR>
[  ]<BR>
<BR>
[  ]
</FONT></TD>
     <TD WIDTH="95%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<BR>
<BR>
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR>
<BR>
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<BR>
<BR>
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
</FONT></TD></TR>
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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>Information to be
Included in the Report </FONT></H1>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Section 8 &#150; Other
Events.</B> </FONT></H1>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>ITEM 8.01. Other Events. </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>On April&nbsp;8,&nbsp;2005,
Residential Asset Securities Corporation caused the issuance and sale of the Residential
Asset Securities Corporation Home Equity Mortgage Asset-Backed Pass-Through Certificates,
Series 2005-KS3, pursuant to a Pooling and Servicing Agreement, dated as of
March&nbsp;1,&nbsp;2005, among Residential Asset Securities Corporation, as depositor,
Residential Funding Corporation, as master servicer and the U.S. Bank National
Association, as trustee. The mortgage loans were sold to Residential Asset Securities
Corporation pursuant to an Assignment and Assumption Agreement, dated as of
April&nbsp;8,&nbsp;2005, between Residential Funding Corporation and Residential Asset
Securities Corporation. </FONT></P>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Section 9 &#150;
Financial Statements and Exhibits </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>ITEM 9.01 (c). Exhibits</B>. </FONT></P>








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     <TD WIDTH="10%" align=center><FONT FACE="Times New Roman, Times, Serif" SIZE="2">(c)
</FONT></TD>
     <TD WIDTH="90%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Exhibits:  The following execution copies of Exhibits to the Form S-3 Registration  Statement of<BR>
the Registrant are hereby filed.
</FONT></TD></TR>
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     <TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">10.1 <BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR>
<BR>
10.2
</FONT></TD>
     <TD WIDTH="95%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Pooling and Servicing Agreement,  dated as of March 1, 2005,  among Residential Asset<BR>
Securities  Corporation,  as depositor,  Residential Funding  Corporation,  as master<BR>
servicer and U.S. Bank National Association,  as trustee.<BR>
<BR>
Assignment and Assumption Agreement,  dated as of April 8, 2005,  between Residential<BR>
Funding Corporation and Residential Asset Securities Corporation.
</FONT></TD></TR>
</TABLE>
<BR><BR>
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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SIGNATURES </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&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 hereunto duly authorized. </FONT></P>












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     <TD WIDTH="50%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
     <TD WIDTH="50%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">RESIDENTIAL ASSET SECURITIES CORPORATION<BR>
<BR>
<BR>
<BR>
&nbsp;By: ____________________                                     <BR>
&nbsp;Name:  Benita Bjorgo<BR>
&nbsp;Title: Vice President
</FONT></TD></TR>
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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Dated: April&nbsp;8, 2005 </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3><B>Exhibit Index </B></FONT></P>












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     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Exhibit No.</FONT><HR WIDTH=95% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Description</FONT><HR WIDTH=95% SIZE=1 COLOR=BLACK NOSHADE></TH></TR>
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     <TD WIDTH="10%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">10.1 <BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR>
<BR>
10.2
</FONT></TD>
     <TD WIDTH="90%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Pooling and Servicing  Agreement,  dated as of  March 1, 2005,  among  Residential  Asset<BR>
Securities  Corporation,  as  depositor,   Residential  Funding  Corporation,  as  master<BR>
servicer and the U.S. Bank National Association, as trustee.<BR>
<BR>
Assignment and  Assumption  Agreement,  dated as of  April 8, 2005,  between  Residential<BR>
Funding Corporation and Residential Asset Securities Corporation.
</FONT></TD></TR>
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{"company-data": {"conformed-name": "RASC Series 2005-KS3 Trust", "cik": "0001322792", "assigned-sic": "6189", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-108865-16", "film-number": "05764807"}, "business-address": {"street1": "8400 NORMANDALE LAKE BLVD", "street2": "SUITE 600", "city": "MINNEAPOLIS", "state": "MN", "zip": "55437", "phone": "9528327000"}, "mail-address": {"street1": "8400 NORMANDALE BLVD STE 6", "street2": "8400 NORMANDALE BLVD STE 6", "city": "MINNEAPOLIS", "state": "MN", "zip": "55437"}}
UNITED STATES
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): April 8, 2005
RESIDENTIAL ASSET
SECURITIES CORPORATION,
on behalf of the
RASC Series 2005-KS3 Trust
(Exact name of
registrant as specified in its charter)
Delaware
333-108865-16
51-0362653
(State or other jurisdiction
of incorporation)
(Commission File Number)
(IRS Employer
Identification No.)
8400
Normandale Lake Boulevard, Suite 250
Minneapolis, Minnesota                                  55437
(Address of principal executive office)             (Zip Code)
(Registrant's telephone number,
including area code )           (952) 857-7000
N/A
(Former
name or address, 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 (see General Instruction A.2. below):
[  ]
[  ]
[  ]
[  ]
Written communication 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))
Information to be
Included in the Report
Section 8 – Other
Events.
ITEM 8.01. Other Events.
On April 8, 2005,
Residential Asset Securities Corporation caused the issuance and sale of the Residential
Asset Securities Corporation Home Equity Mortgage Asset-Backed Pass-Through Certificates,
Series 2005-KS3, pursuant to a Pooling and Servicing Agreement, dated as of
March 1, 2005, among Residential Asset Securities Corporation, as depositor,
Residential Funding Corporation, as master servicer and the U.S. Bank National
Association, as trustee. The mortgage loans were sold to Residential Asset Securities
Corporation pursuant to an Assignment and Assumption Agreement, dated as of
April 8, 2005, between Residential Funding Corporation and Residential Asset
Securities Corporation.
Section 9 –
Financial Statements and Exhibits
ITEM 9.01 (c). Exhibits
.
(c)
Exhibits:  The following execution copies of Exhibits to the Form S-3 Registration  Statement of
the Registrant are hereby filed.
10.1
10.2
Pooling and Servicing Agreement,  dated as of March 1, 2005,  among Residential Asset
Securities  Corporation,  as depositor,  Residential Funding  Corporation,  as master
servicer and U.S. Bank National Association,  as trustee.
Assignment and Assumption Agreement,  dated as of April 8, 2005,  between Residential
Funding Corporation and Residential Asset Securities Corporation.
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 hereunto duly authorized.
RESIDENTIAL ASSET SECURITIES CORPORATION
By: ____________________
Name:  Benita Bjorgo
Title: Vice President
Dated: April 8, 2005
Exhibit Index
Exhibit No.
Description
10.1
10.2
Pooling and Servicing  Agreement,  dated as of  March 1, 2005,  among  Residential  Asset
Securities  Corporation,  as  depositor,   Residential  Funding  Corporation,  as  master
servicer and the U.S. Bank National Association, as trustee.
Assignment and  Assumption  Agreement,  dated as of  April 8, 2005,  between  Residential
Funding Corporation and Residential Asset Securities Corporation.