ALTERNATIVE LOAN TRUST 2005-14
Not applicable.  See the Relief Letters.
Not applicable.
None.
Not applicable.  See the Relief Letters.
There were no material pending legal proceedings relating to                   the Trust Fund to which any of the Trust Fund, the Trustee,                   the Master Servicer or the Company was a party or of which any                   of their respective properties was the subject during the                   fiscal year covered by this Report other than ordinary routine                   litigation incidental to the duties of the Trust Fund, the                   Trustee, the Master Servicer or the Company, nor is the                   Company aware of any such proceedings contemplated by                   governmental authorities.
No matter was submitted to a vote of Certificateholders, and                   no Certificateholder consent was solicited during the fiscal                   year covered by this Report.                                           4                                          PART II
(a)   Item 201 of Regulation S-K:                          i.    Market Information. There is no established public                               trading market for the Certificates.                          ii.   Holders.  As of December  31, 2005 there were less                               than 300  holders  of record of the  Certificates.                          iii.  Dividends. Not applicable. See the Relief Letters.                               (Information     as    to     distributions     to                               Certificateholders is provided in the Registrant's                               monthly filings on Form 8-K.)                          iv.   Securities  Authorized  for Issuance  Under Equity                               Compensation Plans. Not applicable.                          Item 701 of Regulation S-K. Not applicable.                     (b)   Rule 463 of the Securities Act of 1933. Not applicable.                    (c)   Item  703  of  Regulation  S-K.  Not  applicable  as the                         Registrant has no class of equity securities  registered                         pursuant to section 12 of the Securities Exchange Act of                         1934.
Not applicable.  See the Relief Letters.
Not applicable.  See the Relief Letters.
Not applicable.
Not applicable.  See the Relief Letters.                                          5
None.
Not applicable.
None.                                          6                                         PART III
Not applicable.  See the Relief Letters.
Not applicable.  See the Relief Letters.
Information  required by Item 201(d) of  Regulation  S-K:  Not                   applicable.                    Information required by Item 403 of Regulation S-K:                    (a) Not applicable. See the Relief Letters.                    (b) Not applicable. See the Relief Letters.                    (c) Not applicable. See the Relief Letters.
Not applicable.  See the Relief Letters.
Not applicable.                                          7                                          PART IV
(a)   (1)   Pursuant  to  the   Pooling  and   Servicing                               Agreement,  the Master Servicer is required (i) to                               deliver an annual  statement as to compliance with                               the   provisions  of  the  Pooling  and  Servicing                               Agreement  and certain  other matters (the "Annual                               Statement  of the  Master  Servicer")  and (ii) to                               cause a firm of independent  public accountants to                               deliver an annual report as to compliance with the                               servicing  provisions of the Pooling and Servicing                               Agreement  (the  "Annual  Report  of the  Firm  of                               Accountants").  The Annual Statement of the Master                               Servicer  is  attached  as  Exhibit  99.1  to this                               Report.   The   Annual   Report  of  the  Firm  of                               Accountants  is attached  as Exhibit  99.2 to this                               Report. See Relief Letters.                          (2)   Not applicable.                          (3)   The required exhibits are as follows:                                o    Exhibit 3(i): Copy of Company's                                    Certificate of Incorporation (Filed as                                    an Exhibit to Registration Statement on                                    Form S-3 (File No. 333-110343)).                                o    Exhibit 3(ii): Copy of Company's                                    By-laws (Filed as an Exhibit to                                    Registration Statement on Form S-3                                    (File No. 333-110343)).                                o    Exhibit 4: Pooling and Servicing                                    Agreement (Filed as part of the                                    Registrant's Current Report on Form 8-K                                    filed on June 14, 2005).                                o    Exhibit 31:  Rule 15d-14(a) Certification.                                o    Exhibit 99.1:  Annual Statement of the                                    Master Servicer.                                o    Exhibit 99.2:  Annual Report of the Firm of                                    Accountants.                    (b)   See subparagraph (a)(3) above.                    (c)   Not applicable. See the Relief Letters.                                             8                                        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.                                   CWALT, INC.,                                  ALTERNATIVE LOAN TRUST 2005-14, MORTGAGE                                  PASS-THROUGH CERTIFICATES, SERIES 2005-14                                   By:    Countrywide Home Loans Servicing LP,                                         as Master Servicer*                                   By:    Countrywide GP, Inc.                                    By:    /s/ Craig Baingo                                         -----------------------------                                         Name: Craig Baingo                                         Title:    Executive Vice President                                          Date:  March 27, 2006  - -----------------  *     This Report is being  filed by the Master  Servicer on behalf of the Trust       Fund. The Trust Fund does not have any officers or directors.                                           9           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.        No such annual report, proxy statement,  form of proxy or other soliciting material  has  been,  or will be,  sent to  Certificateholders.  See the  Relief Letters.                                            10                                       EXHIBIT INDEX    Exhibit              Document   3(i)              Company's Certificate of Incorporation (Filed as an Exhibit                   to Registration Statement on Form S-3 (File No. 333-110343))*  3(ii)             Company's By-laws (Filed as an Exhibit to Registration                   Statement on Form S-3 (File No. 333-110343)*  4                 Pooling and Servicing Agreement (Filed as part of the                   Company's Current Report on Form 8-K filed on June 14, 2005)*  31                Rule 15d-14(a) Certification  99.1              Annual Statement of the Master Servicer  99.2              Annual Report of the Firm of Accountants     - ------------- *     Incorporated herein by reference.                                         11    EX-31 2 efc6-0854_5842821ex31.txt                                                                         Exhibit 31                                                                       ----------                                     CERTIFICATION         I, Steve Bailey, certify that:        1. I have  reviewed  this annual  report on Form 10-K,  and all reports on       Form 8-K containing distribution and servicing reports filed in respect of       periods  included  in the year  covered by this annual  report,  of CWALT,       Inc., Alternative Loan Trust 2005-14;        2. Based on my knowledge,  the  information in these  reports,  taken as a       whole, does not contain any untrue statement of a material fact or omit to       state a material fact necessary to make the  statements  made, in light of       the circumstances under which such statements were made, not misleading as       of the last day of the period covered by this annual report;        3.  Based on my  knowledge,  the  distribution  or  servicing  information       required to be provided  to the trustee by the master  servicer  under the       pooling and  servicing,  or similar,  agreement,  for  inclusion  in these       reports is included in these reports;        4. I am responsible  for reviewing the activities  performed by the master       servicer under the pooling and servicing, or similar,  agreement and based       upon my knowledge and the annual  compliance  review  required  under that       agreement, and except as disclosed in the reports, the master servicer has       fulfilled its obligations under that agreement; and        5. The  reports  disclose  all  significant  deficiencies  relating to the       master servicer's  compliance with the minimum  servicing  standards based       upon the  report  provided  by an  independent  public  accountant,  after       conducting  a review in  compliance  with the Uniform  Single  Attestation       Program for  Mortgage  Bankers or similar  procedure,  as set forth in the       pooling and servicing,  or similar,  agreement,  that is included in these       reports.        In  giving  the   certifications   above,  I  have  reasonably  relied  on       information provided to me by the following unaffiliated parties: The Bank       of New York, as Trustee.         Date: March 27, 2006                                                 /s/ Steve Bailey                                               --------------------                                               Steve Bailey                                               Senior Managing Director    EX-99.1 3 efc6-0854_5842821ex991.txt                                                                       Exhibit 99.1                                                                     ------------                           COUNTRYWIDE HOME LOANS SERVICING LP                                 OFFICERS' CERTIFICATE                      ANNUAL STATEMENT OF THE MASTER SERVICER                                      CWALT, INC.                          ALTERNATIVE LOAN TRUST 2005-14                MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2005-14         The  undersigned  do  hereby  certify  that  they are each an  officer  of Countrywide GP, Inc.,  general partner of Countrywide Home Loans Servicing LP (a "Master  Servicer"),  and do hereby further certify  pursuant to Section 3.16 of the  Pooling  and  Servicing  Agreement  for  the  above-captioned  Series  (the "Agreement") that:  (i) A review of the activities of the Master Servicer during the preceding calendar year and of the performance of the Master Servicer under the Agreement has been made under our supervision; and  (ii) To the best of our knowledge, based on such review, the Master Servicer has fulfilled all its obligations under the Agreement throughout such year.     /s/ Craig Baingo                                       Dated: March 27, 2006 - ----------------  CRAIG BAINGO EXECUTIVE VICE PRESIDENT    /s/ Kevin Meyers                                       Dated: March 27, 2006 - ----------------  KEVIN MEYERS MANAGING DIRECTOR, CHIEF FINANCIAL OFFICER, LOAN ADMINISTRATION    EX-99.2 4 efc6-0854_5842821ex992.txt                                                                    Exhibit 99.2                                                                   ------------  [KPMG Logo]                       KPMG LLP                          Telephone 213 972 4000                      Suite 2000                        Fax       213 622 1217                      355 South Grand Avenue            Internet  www.us.kpmg.com                      Los Angeles, CA 90071-1568                         Independent Accountants' Report,                        --------------------------------  The Board of Directors Countrywide Financial Corporation:  We have examined management's assertion, included in the accompanying Management Assertion, that Countrywide Financial Corporation and subsidiaries, including its wholly-owned subsidiary, Countrywide Home Loans, Inc. ("CHL"), and Countrywide Home Loans Servicing, L.P., a wholly-owned subsidiary of CHL, (collectively, the "Company") complied with the minimum servicing standards set forth in the Mortgage Bankers Association of America's Uniform Single Attestation Program for Mortgage Bankers (USAP) as of and for the year ended December 31, 2005. Management is responsible for the Company's compliance with those minimum servicing standards. Our responsibility is to express an opinion on management's assertion about the Company's compliance based on our examination.  Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants and, accordingly, included examining, on a test basis, evidence about the Company's compliance with the minimum servicing standards specified above and performing such other procedures as we considered necessary in the circumstances. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on the Company's compliance with the minimum servicing standards.  In our opinion, management's assertion that Countrywide Financial Corporation and subsidiaries, including its wholly-owned subsidiary, Countrywide Home Loans, Inc. ("CHL"), and Countrywide Home Loans Servicing, L.P., a wholly-owned subsidiary of CHL, complied with the aforementioned minimum servicing standards as of and for the year ended December 31, 2005 is fairly stated, in all material respects.                                         KPMG LLP  March 3, 2006             KPMG LLP, a U.S. limited liability partnersnip, is the U S.            member firm of KPMG International, a Swiss cooperative.                                                [LOGO]Countrywide(R)                                             --------------------                                                     HOME LOANS                                              2900 MADERA ROAD                                             SIMI VALLEY, CALIFORNIA 93065-6298                                              (805) 955-1000                               Management Assertion  March 3, 2005  As of and for the year ended December 31, 2005, Countrywide Financial Corporation and subsidiaries, including its wholly-owned subsidiary, Countrywide Home Loans, Inc. ("CHL"), and Countrywide Home Loans Servicing, L.P., a wholly-owned subsidiary of CHL, (collectively, the "Company") have complied in all material respects with the minimum servicing standards set forth in the Mortgage Bankers Association of America's Uniform Single Attestation for Mortgage Bankers. As of and for this same period, the Company had in effect a mortgage bankers' (fidelity) bond in the amount of $200 million and an errors and omissions policy in the amount of $100 million and $130 million for the period January 1, 2005 to August 1, 2005 and for the period from August 1, 2005 to December 31, 2005, respectively.  /s/ Steve Bailey - ------------------------------------- Steve Bailey Senior Managing Director and Chief Executive Officer, Loan Administration    /s/ Kevin Meyers - ------------------------------------- Kevin Meyers Managing Director and Chief Financial Officer, Loan Administration     -----END PRIVACY-ENHANCED MESSAGE-----