UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549

FORM 10-D

ASSET-BACKED ISSUER
DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934

For the monthly distribution period from:
May 26, 2007 to June 25, 2007

Commission File Number of issuing entity: 333-130545-41

Merrill Lynch Mortgage Investors Trust, Series MLCC 2007-1
(Exact name of issuing entity as specified in its charter)

Commission File Number of depositor: 333-130545

Merrill Lynch Mortgage Investors, Inc.
(Exact name of depositor as specified in its charter)

Merrill Lynch Mortgage Lending, Inc.
(Exact name of sponsor as specified in its charter)

New York
(State or other jurisdiction of incorporation or organization of the issuing entity)

54-2198822
54-2198823
54-2198824

(I.R.S. Employer Identification No.)

c/o Wells Fargo Bank, N.A.
9062 Old Annapolis Road
Columbia, MD 21045


(Address of principal executive offices of the issuing entity) (Zip Code)

(410) 884-2000
(Telephone number, including area code)

Not Applicable

(Former name, former address, if changed since last report)

                                 Registered/reporting
                                 pursuant to (check one)

Title of                         Section  Section  Section   Name of Exchange
Class                            12(b)    12(g)    15(d)     (If Section 12(b))

I-A-1                            _____    _____    __X___    ____________
I-A-2                            _____    _____    __X___    ____________
II-A-1                           _____    _____    __X___    ____________
II-A-2                           _____    _____    __X___    ____________
III-A                            _____    _____    __X___    ____________
IV-A-1                           _____    _____    __X___    ____________
IV-A-2                           _____    _____    __X___    ____________
IV-A-3                           _____    _____    __X___    ____________
IV-A-4                           _____    _____    __X___    ____________
IV-A-X                           _____    _____    __X___    ____________
A-R                              _____    _____    __X___    ____________
M-1                              _____    _____    __X___    ____________
M-2                              _____    _____    __X___    ____________
M-3                              _____    _____    __X___    ____________
B-1                              _____    _____    __X___    ____________
B-2                              _____    _____    __X___    ____________
B-3                              _____    _____    __X___    ____________

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
Yes __X__ No ____

Part I - DISTRIBUTION INFORMATION

Item 1. Distribution and Pool Performance Information

On June 25, 2007 a distribution was made to holders of Merrill Lynch Mortgage Investors Trust, Series MLCC 2007-1.

The distribution report is attached as an Exhibit to this Form 10-D. Please see Item 9(b), Exhibit 99.1 for the related information.

Part II - OTHER INFORMATION

Item 9. Exhibits.

(a) The following is a list of documents filed as part of this Report on Form 10-D:

(99.1)  Monthly report distributed to holders of Merrill Lynch
        Mortgage Investors Trust, Series MLCC 2007-1, relating to
        the June 25, 2007 distribution.

(b) The exhibits required to be filed by the Registrant pursuant to this Form are listed above and in the Exhibit Index that immediately follows the signature page hereof.

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.

Merrill Lynch Mortgage Investors Trust, Series MLCC 2007-1
(Issuing Entity)

Wells Fargo Bank, N.A.
(Master Servicer)

/s/ Kelly Rentz
Kelly Rentz, Officer

Date: July 2, 2007

EXHIBIT INDEX

Exhibit Number  Description

EX-99.1         Monthly report distributed to holders of Merrill Lynch
                Mortgage Investors Trust, Series MLCC 2007-1, relating to
                the June 25, 2007 distribution.

EX-99.1

Merrill Lynch Credit Corp
Mortgage Pass-Through Certificates

Distribution Date: 6/25/2007

Merrill Lynch Credit Corp
Mortgage Pass-Through Certificates
Series 2007-1

Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.

Securities Administration Services
7485 New Horizon Way
Frederick, MD 21703

www.ctslink.com
Telephone: (301) 815-6600
Fax: (301) 815-6660

                                         Certificateholder Distribution Summary

         Class                     CUSIP           Record         Certificate            Beginning             Interest
                                                     Date        Pass-Through          Certificate         Distribution
                                                                         Rate              Balance
         I-A-1                 59023HAA9       05/31/2007            5.87958%        48,170,146.16           236,016.68
         I-A-2                 59023HAQ4       05/31/2007            5.87958%         1,618,175.21             7,928.49
         II-A-1                59023HAB7       05/31/2007            6.09932%       194,655,422.22           989,388.64
         II-A-2                59023HAC5       05/31/2007            6.09932%         6,538,869.67            33,235.57
         III-A                 59023HAD3       05/31/2007            6.19543%        27,450,661.63           141,723.84
         IV-A-1                59023HAE1       05/31/2007            5.74618%        83,114,254.87           397,991.04
         IV-A-2                59023HAF8       05/31/2007            5.74618%        10,577,000.00            50,647.77
         IV-A-3                59023HAG6       05/31/2007            5.74618%        42,455,000.00           203,294.97
         IV-A-4                59023HAH4       05/31/2007            5.74618%         4,573,557.00            21,900.39
         IV-A-X                59023HAR2       05/31/2007            0.55470%                 0.00            65,047.73
          A-R                  59023HAS0       05/31/2007            5.85090%                 0.00                 0.00
          M-1                  59023HAJ0       05/31/2007            6.14748%         5,778,438.70            29,602.37
          M-2                  59023HAK7       05/31/2007            6.14748%         3,003,708.23            15,387.70
          M-3                  59023HAL5       05/31/2007            6.14748%         1,847,820.51             9,466.20
          B-1                  59023HAM3       05/31/2007            6.14748%         2,079,797.97            10,654.60
          B-2                  59023HAN1       05/31/2007            6.14748%         1,385,865.38             7,099.65
          B-3                  59023HAP6       05/31/2007            6.14748%           926,949.35             4,748.67

Totals                                                                              434,175,666.90         2,224,134.31

                                   Certificateholder Distribution Summary (continued)

         Class                   Principal           Current               Ending                Total        Cumulative
                              Distribution          Realized          Certificate         Distribution          Realized
                                                        Loss              Balance                                 Losses
         I-A-1                3,916,914.96              0.00        44,253,231.20         4,152,931.64              0.00
         I-A-2                  131,580.56              0.00         1,486,594.65           139,509.05              0.00
         II-A-1               4,027,498.30              0.00       190,627,923.93         5,016,886.94              0.00
         II-A-2                 135,291.82              0.00         6,403,577.85           168,527.39              0.00
         III-A                   46,660.30              0.00        27,404,001.33           188,384.14              0.00
         IV-A-1                 258,456.14              0.00        82,855,798.73           656,447.18              0.00
         IV-A-2                       0.00              0.00        10,577,000.00            50,647.77              0.00
         IV-A-3                       0.00              0.00        42,455,000.00           203,294.97              0.00
         IV-A-4                   8,682.31              0.00         4,564,874.69            30,582.70              0.00
         IV-A-X                       0.00              0.00                 0.00            65,047.73              0.00
          A-R                         0.00              0.00                 0.00                 0.00              0.00
          M-1                       141.05              0.00         5,778,297.65            29,743.42              0.00
          M-2                        73.32              0.00         3,003,634.91            15,461.02              0.00
          M-3                        45.11              0.00         1,847,775.40             9,511.31              0.00
          B-1                        50.77              0.00         2,079,747.21            10,705.37              0.00
          B-2                        33.83              0.00         1,385,831.55             7,133.48              0.00
          B-3                        22.63              0.00           926,926.72             4,771.30              0.00

Totals                        8,525,451.10              0.00       425,650,215.82        10,749,585.41              0.00


As Master Servicer, Wells Fargo Bank, N.A. has independently calculated collateral
information based on loan level data received from external parties, which may include
the Servicers, Issuer and other parties to the transaction. Wells Fargo Bank, N.A.
expressly disclaims any responsibility for the accuracy or completeness of information
furnished to it by those third parties.

All Record Dates are based upon the governing documents and logic set forth as of closing.

                                             Principal Distribution Statement

         Class                      Original           Beginning            Scheduled        UnScheduled         Accretion
                                        Face         Certificate            Principal          Principal
                                      Amount             Balance         Distribution       Distribution
         I-A-1                 53,433,900.00       48,170,146.16               323.07       3,916,591.89              0.00
         I-A-2                  1,795,000.00        1,618,175.21                10.85         131,569.70              0.00
         II-A-1               202,816,000.00      194,655,422.22             8,561.29       4,018,937.01              0.00
         II-A-2                 6,813,000.00        6,538,869.67               287.59         135,004.23              0.00
         III-A                 29,208,000.00       27,450,661.63               200.58          46,459.72              0.00
         IV-A-1                95,124,000.00       83,114,254.87               989.42         257,466.72              0.00
         IV-A-2                10,577,000.00       10,577,000.00                 0.00               0.00              0.00
         IV-A-3                42,455,000.00       42,455,000.00                 0.00               0.00              0.00
         IV-A-4                 4,977,000.00        4,573,557.00                33.24           8,649.07              0.00
         IV-A-X                         0.00                0.00                 0.00               0.00              0.00
          A-R                         100.00                0.00                 0.00               0.00              0.00
          M-1                   5,779,000.00        5,778,438.70               141.05               0.00              0.00
          M-2                   3,004,000.00        3,003,708.23                73.32               0.00              0.00
          M-3                   1,848,000.00        1,847,820.51                45.11               0.00              0.00
          B-1                   2,080,000.00        2,079,797.97                50.77               0.00              0.00
          B-2                   1,386,000.00        1,385,865.38                33.83               0.00              0.00
          B-3                     927,039.41          926,949.35                22.63               0.00              0.00

Totals                        462,223,039.41      434,175,666.90            10,772.75       8,514,678.34              0.00

                                      Principal Distribution Statement (continued)

         Class                    Realized             Total               Ending             Ending               Total
                                      Loss         Principal          Certificate        Certificate           Principal
                                                   Reduction              Balance         Percentage        Distribution
         I-A-1                        0.00      3,916,914.96        44,253,231.20         0.82818644        3,916,914.96
         I-A-2                        0.00        131,580.56         1,486,594.65         0.82818643          131,580.56
         II-A-1                       0.00      4,027,498.30       190,627,923.93         0.93990575        4,027,498.30
         II-A-2                       0.00        135,291.82         6,403,577.85         0.93990575          135,291.82
         III-A                        0.00         46,660.30        27,404,001.33         0.93823615           46,660.30
         IV-A-1                       0.00        258,456.14        82,855,798.73         0.87102938          258,456.14
         IV-A-2                       0.00              0.00        10,577,000.00         1.00000000                0.00
         IV-A-3                       0.00              0.00        42,455,000.00         1.00000000                0.00
         IV-A-4                       0.00          8,682.31         4,564,874.69         0.91719403            8,682.31
         IV-A-X                       0.00              0.00                 0.00         0.00000000                0.00
          A-R                         0.00              0.00                 0.00         0.00000000                0.00
          M-1                         0.00            141.05         5,778,297.65         0.99987847              141.05
          M-2                         0.00             73.32         3,003,634.91         0.99987847               73.32
          M-3                         0.00             45.11         1,847,775.40         0.99987846               45.11
          B-1                         0.00             50.77         2,079,747.21         0.99987847               50.77
          B-2                         0.00             33.83         1,385,831.55         0.99987846               33.83
          B-3                         0.00             22.63           926,926.72         0.99987844               22.63

Totals                                0.00      8,525,451.10       425,650,215.82         0.92087624        8,525,451.10

                                   Principal Distribution Factors Statement

Class                    Original             Beginning              Scheduled           UnScheduled          Accretion
                             Face           Certificate              Principal             Principal
                           Amount               Balance           Distribution          Distribution
I-A-1               53,433,900.00          901.49036773             0.00604616           73.29788561         0.00000000
I-A-2                1,795,000.00          901.49036769             0.00604457           73.29788301         0.00000000
II-A-1             202,816,000.00          959.76363906             0.04221210           19.81568027         0.00000000
II-A-2               6,813,000.00          959.76363863             0.04221195           19.81568032         0.00000000
III-A               29,208,000.00          939.83366304             0.00686730            1.59065051         0.00000000
IV-A-1              95,124,000.00          873.74642435             0.01040137            2.70664312         0.00000000
IV-A-2              10,577,000.00         1000.00000000             0.00000000            0.00000000         0.00000000
IV-A-3              42,455,000.00         1000.00000000             0.00000000            0.00000000         0.00000000
IV-A-4               4,977,000.00          918.93851718             0.00667872            1.73780792         0.00000000
IV-A-X                       0.00            0.00000000             0.00000000            0.00000000         0.00000000
 A-R                       100.00            0.00000000             0.00000000            0.00000000         0.00000000
 M-1                 5,779,000.00          999.90287247             0.02440734            0.00000000         0.00000000
 M-2                 3,004,000.00          999.90287284             0.02440746            0.00000000         0.00000000
 M-3                 1,848,000.00          999.90287338             0.02441017            0.00000000         0.00000000
 B-1                 2,080,000.00          999.90287019             0.02440865            0.00000000         0.00000000
 B-2                 1,386,000.00          999.90287157             0.02440837            0.00000000         0.00000000
 B-3                   927,039.41          999.90285203             0.02441104            0.00000000         0.00000000

                                      Principal Distribution Factors Statement (continued)

         Class                  Realized                 Total                 Ending               Ending                 Total
                                    Loss             Principal            Certificate          Certificate             Principal
                                                     Reduction                Balance           Percentage          Distribution
         I-A-1                0.00000000           73.30393177           828.18643595           0.82818644           73.30393177
         I-A-2                0.00000000           73.30393315           828.18643454           0.82818643           73.30393315
         II-A-1               0.00000000           19.85789238           939.90574674           0.93990575           19.85789238
         II-A-2               0.00000000           19.85789226           939.90574637           0.93990575           19.85789226
         III-A                0.00000000            1.59751780           938.23614523           0.93823615            1.59751780
         IV-A-1               0.00000000            2.71704449           871.02937986           0.87102938            2.71704449
         IV-A-2               0.00000000            0.00000000          1000.00000000           1.00000000            0.00000000
         IV-A-3               0.00000000            0.00000000          1000.00000000           1.00000000            0.00000000
         IV-A-4               0.00000000            1.74448664           917.19403054           0.91719403            1.74448664
         IV-A-X               0.00000000            0.00000000             0.00000000           0.00000000            0.00000000
          A-R                 0.00000000            0.00000000             0.00000000           0.00000000            0.00000000
          M-1                 0.00000000            0.02440734           999.87846513           0.99987847            0.02440734
          M-2                 0.00000000            0.02440746           999.87846538           0.99987847            0.02440746
          M-3                 0.00000000            0.02441017           999.87846320           0.99987846            0.02441017
          B-1                 0.00000000            0.02440865           999.87846635           0.99987847            0.02440865
          B-2                 0.00000000            0.02440837           999.87846320           0.99987846            0.02440837
          B-3                 0.00000000            0.02441104           999.87844098           0.99987844            0.02441104


NOTE: All classes per $1,000 denomination.

                                                 Interest Distribution Statement

         Class                Accrual         Accrual        Current         Beginning             Current            Payment of
                               Dates           Days      Certificate      Certificate/             Accrued        Unpaid Interest
                                                                Rate          Notional            Interest          Shortfall (1)
                                                                               Balance
         I-A-1           05/01/07 - 05/30/07    30          5.87958%     48,170,146.16          236,016.68                   0.00
         I-A-2           05/01/07 - 05/30/07    30          5.87958%      1,618,175.21            7,928.49                   0.00
         II-A-1          05/01/07 - 05/30/07    30          6.09932%    194,655,422.22          989,388.64                   0.00
         II-A-2          05/01/07 - 05/30/07    30          6.09932%      6,538,869.67           33,235.57                   0.00
         III-A           05/01/07 - 05/30/07    30          6.19543%     27,450,661.63          141,723.84                   0.00
         IV-A-1          05/01/07 - 05/30/07    30          5.74618%     83,114,254.87          397,991.04                   0.00
         IV-A-2          05/01/07 - 05/30/07    30          5.74618%     10,577,000.00           50,647.77                   0.00
         IV-A-3          05/01/07 - 05/30/07    30          5.74618%     42,455,000.00          203,294.97                   0.00
         IV-A-4          05/01/07 - 05/30/07    30          5.74618%      4,573,557.00           21,900.39                   0.00
         IV-A-X          05/01/07 - 05/30/07    30          0.55470%    140,719,811.87           65,047.73                   0.00
          A-R                            N/A    N/A         5.85090%              0.00                0.00                   0.00
          M-1            05/01/07 - 05/30/07    30          6.14748%      5,778,438.70           29,602.37                   0.00
          M-2            05/01/07 - 05/30/07    30          6.14748%      3,003,708.23           15,387.70                   0.00
          M-3            05/01/07 - 05/30/07    30          6.14748%      1,847,820.51            9,466.20                   0.00
          B-1            05/01/07 - 05/30/07    30          6.14748%      2,079,797.97           10,654.60                   0.00
          B-2            05/01/07 - 05/30/07    30          6.14748%      1,385,865.38            7,099.65                   0.00
          B-3            05/01/07 - 05/30/07    30          6.14748%        926,949.35            4,748.67                   0.00

Totals                                                                                        2,224,134.31                   0.00

                                          Interest Distribution Statement (continued)

         Class                     Current       Non-Supported              Total           Remaining                   Ending
                                  Interest            Interest           Interest     Unpaid Interest             Certificate/
                              Shortfall(1)           Shortfall       Distribution        Shortfall(1)                 Notional
                                                                                                                       Balance
         I-A-1                        0.00                0.00         236,016.68                0.00            44,253,231.20
         I-A-2                        0.00                0.00           7,928.49                0.00             1,486,594.65
         II-A-1                       0.00                0.00         989,388.64                0.00           190,627,923.93
         II-A-2                       0.00                0.00          33,235.57                0.00             6,403,577.85
         III-A                        0.00                0.00         141,723.84                0.00            27,404,001.33
         IV-A-1                       0.00                0.00         397,991.04                0.00            82,855,798.73
         IV-A-2                       0.00                0.00          50,647.77                0.00            10,577,000.00
         IV-A-3                       0.00                0.00         203,294.97                0.00            42,455,000.00
         IV-A-4                       0.00                0.00          21,900.39                0.00             4,564,874.69
         IV-A-X                       0.00                0.00          65,047.73                0.00           140,452,673.42
          A-R                         0.00                0.00               0.00                0.00                     0.00
          M-1                         0.00                0.00          29,602.37                0.00             5,778,297.65
          M-2                         0.00                0.00          15,387.70                0.00             3,003,634.91
          M-3                         0.00                0.00           9,466.20                0.00             1,847,775.40
          B-1                         0.00                0.00          10,654.60                0.00             2,079,747.21
          B-2                         0.00                0.00           7,099.65                0.00             1,385,831.55
          B-3                         0.00                0.00           4,748.67                0.00               926,926.72

Totals                                0.00                0.00       2,224,134.31                0.00
(1) Amount also includes Coupon Cap or Basis Risk Shortfalls, if applicable.

                                    Interest Distribution Factors Statement

Class                      Original        Current               Beginning                Current           Payment of
                               Face    Certificate             Certificate/               Accrued       Unpaid Interest
                             Amount           Rate                 Notional              Interest         Shortfall (1)
                                                                    Balance
I-A-1                 53,433,900.00       5.87958%             901.49036773            4.41698397            0.00000000
I-A-2                  1,795,000.00       5.87958%             901.49036769            4.41698607            0.00000000
II-A-1               202,816,000.00       6.09932%             959.76363906            4.87825734            0.00000000
II-A-2                 6,813,000.00       6.09932%             959.76363863            4.87825774            0.00000000
III-A                 29,208,000.00       6.19543%             939.83366304            4.85222679            0.00000000
IV-A-1                95,124,000.00       5.74618%             873.74642435            4.18391825            0.00000000
IV-A-2                10,577,000.00       5.74618%            1000.00000000            4.78848161            0.00000000
IV-A-3                42,455,000.00       5.74618%            1000.00000000            4.78848122            0.00000000
IV-A-4                 4,977,000.00       5.74618%             918.93851718            4.40031947            0.00000000
IV-A-X                         0.00       0.55470%             918.93851665            0.42477931            0.00000000
 A-R                         100.00       5.85090%               0.00000000            0.00000000            0.00000000
 M-1                   5,779,000.00       6.14748%             999.90287247            5.12240353            0.00000000
 M-2                   3,004,000.00       6.14748%             999.90287284            5.12240346            0.00000000
 M-3                   1,848,000.00       6.14748%             999.90287338            5.12240260            0.00000000
 B-1                   2,080,000.00       6.14748%             999.90287019            5.12240385            0.00000000
 B-2                   1,386,000.00       6.14748%             999.90287157            5.12240260            0.00000000
 B-3                     927,039.41       6.14748%             999.90285203            5.12240359            0.00000000

                                        Interest Distribution Factors Statement (continued)

         Class                     Current         Non-Supported                Total      Remaining Unpaid                Ending
                                  Interest              Interest             Interest              Interest           Certificate/
                              Shortfall(1)             Shortfall         Distribution          Shortfall(1)               Notional
                                                                                                                           Balance
         I-A-1                  0.00000000            0.00000000           4.41698397            0.00000000           828.18643595
         I-A-2                  0.00000000            0.00000000           4.41698607            0.00000000           828.18643454
         II-A-1                 0.00000000            0.00000000           4.87825734            0.00000000           939.90574674
         II-A-2                 0.00000000            0.00000000           4.87825774            0.00000000           939.90574637
         III-A                  0.00000000            0.00000000           4.85222679            0.00000000           938.23614523
         IV-A-1                 0.00000000            0.00000000           4.18391825            0.00000000           871.02937986
         IV-A-2                 0.00000000            0.00000000           4.78848161            0.00000000          1000.00000000
         IV-A-3                 0.00000000            0.00000000           4.78848122            0.00000000          1000.00000000
         IV-A-4                 0.00000000            0.00000000           4.40031947            0.00000000           917.19403054
         IV-A-X                 0.00000000            0.00000000           0.42477931            0.00000000           917.19403016
          A-R                   0.00000000            0.00000000           0.00000000            0.00000000             0.00000000
          M-1                   0.00000000            0.00000000           5.12240353            0.00000000           999.87846513
          M-2                   0.00000000            0.00000000           5.12240346            0.00000000           999.87846538
          M-3                   0.00000000            0.00000000           5.12240260            0.00000000           999.87846320
          B-1                   0.00000000            0.00000000           5.12240385            0.00000000           999.87846635
          B-2                   0.00000000            0.00000000           5.12240260            0.00000000           999.87846320
          B-3                   0.00000000            0.00000000           5.12240359            0.00000000           999.87844098
(1) Amount also includes Coupon Cap or Basis Risk Shortfalls, if applicable.

NOTE: All classes per $1,000 denomination.

                                        Certificateholder Account Statement

                                                CERTIFICATE ACCOUNT

Beginning Balance                                                                                              0.00

Deposits
     Payments of Interest and Principal                                                               10,840,302.72
     Reserve Funds and Credit Enhancements                                                                     0.00
     Proceeds from Repurchased Loans                                                                           0.00
     Servicer Advances                                                                                     4,674.73
     Gains & Subsequent Recoveries (Realized Losses)                                                           0.00
Total Deposits                                                                                        10,844,977.45

Withdrawals
     Reserve Funds and Credit Enhancements                                                                     0.00
     Reimbursement for Servicer Advances                                                                   4,938.78
     Total Administration Fees                                                                            90,453.26
     Payment of Interest and Principal                                                                10,749,585.41
Total Withdrawals (Pool Distribution Amount)                                                          10,844,977.45

Ending Balance                                                                                                 0.00


Servicer Advances are calculated as delinquent scheduled principal and interest.

                                PREPAYMENT/CURTAILMENT INTEREST SHORTFALL
Total Prepayment/Curtailment Interest Shortfall                                                      0.00
Servicing Fee Support                                                                                0.00

Non-Supported Prepayment/Curtailment Interest Shortfall                                              0.00

                                        ADMINISTRATION FEES
Gross Servicing Fee*                                                                     90,453.26
Supported Prepayment/Curtailment Interest Shortfall                                           0.00

Total Administration Fees                                                                90,453.26

*Servicer Payees include: PHH MORTGAGE CORPORATION

                                                          Collateral Statement

Group                                                                    Group 1                             Group 2
 Collateral Description                                         6 Month LIBOR ARM                    1 Year LIBOR Arm
 Weighted Average Coupon Rate                                            6.129575                            6.349322
 Weighted Average Net Rate                                               5.879575                            6.099322
 Weighted Average Pass-Through Rate                                      5.879575                            6.099322
 Weighted Average Remaining Term                                              353                                 352
 Principal And Interest Constant                                       264,140.91                        1,110,955.78
 Beginning Loan Count                                                          76                                 315
 Loans Paid in Full                                                             2                                   5
 Ending Loan Count                                                             74                                 310
 Beginning Scheduled Balance                                        51,643,618.39                      208,235,864.73
 Ending Scheduled Balance                                           47,595,110.43                      204,072,764.91
 Actual Ending Collateral Balance                                   47,595,326.14                      204,072,904.19
 Scheduled Principal                                                       346.37                            9,158.58
 Unscheduled Principal                                               4,048,161.59                        4,153,941.24
 Negative Amortized Principal                                                0.00                                0.00
 Scheduled Interest                                                    263,794.54                        1,101,797.20
 Servicing Fees                                                         10,759.09                           43,382.47
 Master Servicing Fees                                                       0.00                                0.00
 Trustee Fee                                                                 0.00                                0.00
 FRY Amount                                                                  0.00                                0.00
 Special Hazard Fee                                                          0.00                                0.00
 Other Fee                                                                   0.00                                0.00
 Pool Insurance Fee                                                          0.00                                0.00
 Spread 1                                                                    0.00                                0.00
 Spread 2                                                                    0.00                                0.00
 Spread 3                                                                    0.00                                0.00
 Net Interest                                                          253,035.45                        1,058,414.73
 Realized Loss Amount                                                        0.00                                0.00
 Cumulative Realized Loss                                                    0.00                                0.00
 Percentage of Cumulative Losses                                           0.0000                              0.0000
 Special Servicing Fee                                                       0.00                                0.00

                                                          Collateral Statement

Group                                                                    Group 3                             Group 4
 Collateral Description                                          1 Year LIBOR Arm                    1 Year LIBOR Arm
 Weighted Average Coupon Rate                                            6.445427                            6.550877
 Weighted Average Net Rate                                               6.195427                            6.300877
 Weighted Average Pass-Through Rate                                      6.195427                            6.300877
 Weighted Average Remaining Term                                              351                                 352
 Principal And Interest Constant                                       152,922.64                          797,340.67
 Beginning Loan Count                                                          47                                 245
 Loans Paid in Full                                                             0                                   0
 Ending Loan Count                                                             47                                 245
 Beginning Scheduled Balance                                        28,432,229.28                      145,863,954.50
 Ending Scheduled Balance                                           28,385,561.81                      145,596,778.67
 Actual Ending Collateral Balance                                   28,385,769.69                      145,597,838.71
 Scheduled Principal                                                       207.75                            1,060.04
 Unscheduled Principal                                                  46,459.72                          266,115.79
 Negative Amortized Principal                                                0.00                                0.00
 Scheduled Interest                                                    152,714.89                          796,280.63
 Servicing Fees                                                          5,923.38                           30,388.32
 Master Servicing Fees                                                       0.00                                0.00
 Trustee Fee                                                                 0.00                                0.00
 FRY Amount                                                                  0.00                                0.00
 Special Hazard Fee                                                          0.00                                0.00
 Other Fee                                                                   0.00                                0.00
 Pool Insurance Fee                                                          0.00                                0.00
 Spread 1                                                                    0.00                                0.00
 Spread 2                                                                    0.00                                0.00
 Spread 3                                                                    0.00                                0.00
 Net Interest                                                          146,791.51                          765,892.31
 Realized Loss Amount                                                        0.00                                0.00
 Cumulative Realized Loss                                                    0.00                                0.00
 Percentage of Cumulative Losses                                           0.0000                              0.0000
 Special Servicing Fee                                                       0.00                                0.00

                                                          Collateral Statement

Group                                                                      Total
 Collateral Description                                                 Mixed ARM
 Weighted Average Coupon Rate                                            6.397191
 Weighted Average Net Rate                                               6.147191
 Weighted Average Pass-Through Rate                                      6.147191
 Weighted Average Remaining Term                                              352
 Principal And Interest Constant                                     2,325,360.00
 Beginning Loan Count                                                         683
 Loans Paid in Full                                                             7
 Ending Loan Count                                                            676
 Beginning Scheduled Balance                                       434,175,666.90
 Ending Scheduled Balance                                          425,650,215.82
 Actual Ending Collateral Balance                                  425,651,838.73
 Scheduled Principal                                                    10,772.74
 Unscheduled Principal                                               8,514,678.34
 Negative Amortized Principal                                                0.00
 Scheduled Interest                                                  2,314,587.26
 Servicing Fees                                                         90,453.26
 Master Servicing Fees                                                       0.00
 Trustee Fee                                                                 0.00
 FRY Amount                                                                  0.00
 Special Hazard Fee                                                          0.00
 Other Fee                                                                   0.00
 Pool Insurance Fee                                                          0.00
 Spread 1                                                                    0.00
 Spread 2                                                                    0.00
 Spread 3                                                                    0.00
 Net Interest                                                        2,224,134.00
 Realized Loss Amount                                                        0.00
 Cumulative Realized Loss                                                    0.00
 Percentage of Cumulative Losses                                           0.0000
 Special Servicing Fee                                                       0.00

                            Additional Reporting - Deal Level



                                 Trigger Event Reporting
Senior 6-Month Avg Delinquency Trigger
     Trigger Result                                                                  Pass
     Threshold Value                                                           50.000000%
     Calculated Value                                                           0.757449%
Senior Cumulative Loss Trigger
     Trigger Result                                                                  Pass
     Threshold Value                                                           30.000000%
     Calculated Value                                                           0.000000%
Subordinate 6-Month Avg Delinquency Trigger
     Trigger Result                                                                  Pass
     Threshold Value                                                           50.000000%
     Calculated Value                                                           0.757449%
Subordinate Cumulative Loss Trigger
     Trigger Result                                                                  Pass
     Threshold Value                                                           10.000000%
     Calculated Value                                                           0.000000%
Senior Prepayment Pctg Delinquency/Loss Trigger
     Trigger Result                                                                  Pass
Senior Delinquency Two Times Test Trigger
     Trigger Result                                                                  Pass
     Threshold Value                                                           50.000000%
     Calculated Value                                                           0.757449%
Subordinate Two Times Delinquency Trigger
     Trigger Result                                                                  Pass

                              Additional Reporting - Group Level

                                    Informational Reporting

Group 1
   1 Year LIBOR Index Balance                                                            0.00
   1 Year Treasury Index Balance                                                   163,459.66
   6 Month LIBOR Index Balance                                                  47,431,650.77

Group 2
   1 Year LIBOR Index Balance                                                  166,926,480.71
   1 Year Treasury Index Balance                                                   194,595.97
   6 Month LIBOR Index Balance                                                  36,951,688.23

Group 3
   1 Year LIBOR Index Balance                                                   25,564,328.77
   1 Year Treasury Index Balance                                                         0.00
   6 Month LIBOR Index Balance                                                   2,821,233.04

Group 4
   1 Year LIBOR Index Balance                                                  129,590,193.69
   1 Year Treasury Index Balance                                                         0.00
   6 Month LIBOR Index Balance                                                  16,006,584.98

                                     Structural Reporting

Group 1
   Pro Rata Senior Percentage                                                      96.407500%
   Senior Percentage                                                               96.407500%
   Senior Prepayment Percentage                                                   100.000000%
   Subordinate Percentage                                                           3.592500%
   Subordinate Prepayment Percentage                                                0.000000%

Group 2
   Pro Rata Senior Percentage                                                      96.618463%
   Senior Percentage                                                               96.618463%
   Senior Prepayment Percentage                                                   100.000000%
   Subordinate Percentage                                                           3.381537%
   Subordinate Prepayment Percentage                                                0.000000%

Group 3
   Pro Rata Senior Percentage                                                      96.547694%
   Senior Percentage                                                               96.547694%
   Senior Prepayment Percentage                                                   100.000000%
   Subordinate Percentage                                                           3.452306%
   Subordinate Prepayment Percentage                                                0.000000%

Group 4
   Pro Rata Senior Percentage                                                      96.473328%
   Senior Percentage                                                               96.473328%
   Senior Prepayment Percentage                                                   100.000000%
   Subordinate Percentage                                                           3.526672%
   Subordinate Prepayment Percentage                                                0.000000%

                               Delinquency Status - MBA Delinquency Calculation Method

             DELINQUENT          BANKRUPTCY           FORECLOSURE         REO                  Total

             No. of Loans        No. of Loans         No. of Loans        No. of Loans         No. of Loans
             Scheduled Balance   Scheduled Balance    Scheduled Balance   Scheduled Balance    Scheduled Balance
0-29 Days                        0                    0                   0                    0
                                 0.00                 0.00                0.00                 0.00

30 Days      3                   0                    0                   0                    3
             890,486.50          0.00                 0.00                0.00                 890,486.50

60 Days      0                   0                    0                   0                    0
             0.00                0.00                 0.00                0.00                 0.00

90 Days      0                   0                    0                   0                    0
             0.00                0.00                 0.00                0.00                 0.00

120 Days     0                   0                    0                   0                    0
             0.00                0.00                 0.00                0.00                 0.00

150 Days     0                   0                    0                   0                    0
             0.00                0.00                 0.00                0.00                 0.00

180+ Days    0                   0                    0                   0                    0
             0.00                0.00                 0.00                0.00                 0.00

Totals       3                   0                    0                   0                    3
             890,486.50          0.00                 0.00                0.00                 890,486.50

             No. of Loans        No. of Loans         No. of Loans        No. of Loans         No. of Loans
             Scheduled Balance   Scheduled Balance    Scheduled Balance   Scheduled Balance    Scheduled Balance
0-29 Days                        0.000000%            0.000000%           0.000000%            0.000000%
                                 0.000000%            0.000000%           0.000000%            0.000000%

30 Days      0.443787%           0.000000%            0.000000%           0.000000%            0.443787%
             0.209206%           0.000000%            0.000000%           0.000000%            0.209206%

60 Days      0.000000%           0.000000%            0.000000%           0.000000%            0.000000%
             0.000000%           0.000000%            0.000000%           0.000000%            0.000000%

90 Days      0.000000%           0.000000%            0.000000%           0.000000%            0.000000%
             0.000000%           0.000000%            0.000000%           0.000000%            0.000000%

120 Days     0.000000%           0.000000%            0.000000%           0.000000%            0.000000%
             0.000000%           0.000000%            0.000000%           0.000000%            0.000000%

150 Days     0.000000%           0.000000%            0.000000%           0.000000%            0.000000%
             0.000000%           0.000000%            0.000000%           0.000000%            0.000000%

180+ Days    0.000000%           0.000000%            0.000000%           0.000000%            0.000000%
             0.000000%           0.000000%            0.000000%           0.000000%            0.000000%

Totals       0.443787%           0.000000%            0.000000%           0.000000%            0.443787%
             0.209206%           0.000000%            0.000000%           0.000000%            0.209206%


Please refer to CTSLink.com for a list of delinquency code descriptions.

Current Period Class A Insufficient Funds                                                                  0.00
Principal Balance of Contaminated Properties                                                               0.00
Periodic Advance                                                                                       4,674.73

                                                 Delinquency Status By Group

                               DELINQUENT           BANKRUPTCY           FORECLOSURE         REO                  Total

Group 1 - MBA                  No. of Loans         No. of Loans         No. of Loans        No. of Loans         No. of Loans
                               Scheduled Balance    Scheduled Balance    Scheduled Balance   Scheduled Balance    Scheduled Balance
0-29 Days                                           0                    0                   0                    0
                                                    0.00                 0.00                0.00                 0.00

30 Days                        0                    0                    0                   0                    0
                               0.00                 0.00                 0.00                0.00                 0.00

60 Days                        0                    0                    0                   0                    0
                               0.00                 0.00                 0.00                0.00                 0.00

90 Days                        0                    0                    0                   0                    0
                               0.00                 0.00                 0.00                0.00                 0.00

120 Days                       0                    0                    0                   0                    0
                               0.00                 0.00                 0.00                0.00                 0.00

150 Days                       0                    0                    0                   0                    0
                               0.00                 0.00                 0.00                0.00                 0.00

180+ Days                      0                    0                    0                   0                    0
                               0.00                 0.00                 0.00                0.00                 0.00

Totals                         0                    0                    0                   0                    0
                               0.00                 0.00                 0.00                0.00                 0.00


0-29 Days                                           0.000000%            0.000000%           0.000000%            0.000000%
                                                    0.000000%            0.000000%           0.000000%            0.000000%

30 Days                        0.000000%            0.000000%            0.000000%           0.000000%            0.000000%
                               0.000000%            0.000000%            0.000000%           0.000000%            0.000000%

60 Days                        0.000000%            0.000000%            0.000000%           0.000000%            0.000000%
                               0.000000%            0.000000%            0.000000%           0.000000%            0.000000%

90 Days                        0.000000%            0.000000%            0.000000%           0.000000%            0.000000%
                               0.000000%            0.000000%            0.000000%           0.000000%            0.000000%

120 Days                       0.000000%            0.000000%            0.000000%           0.000000%            0.000000%
                               0.000000%            0.000000%            0.000000%           0.000000%            0.000000%

150 Days                       0.000000%            0.000000%            0.000000%           0.000000%            0.000000%
                               0.000000%            0.000000%            0.000000%           0.000000%            0.000000%

180+ Days                      0.000000%            0.000000%            0.000000%           0.000000%            0.000000%
                               0.000000%            0.000000%            0.000000%           0.000000%            0.000000%

Totals                         0.000000%            0.000000%            0.000000%           0.000000%            0.000000%
                               0.000000%            0.000000%            0.000000%           0.000000%            0.000000%


                               DELINQUENT           BANKRUPTCY           FORECLOSURE         REO                  Total
Group 2 - MBA                  No. of Loans         No. of Loans         No. of Loans        No. of Loans         No. of Loans
                               Scheduled Balance    Scheduled Balance    Scheduled Balance   Scheduled Balance    Scheduled Balance
0-29 Days                                           0                    0                   0                    0
                                                    0.00                 0.00                0.00                 0.00

30 Days                        1                    0                    0                   0                    1
                               224,986.50           0.00                 0.00                0.00                 224,986.50

60 Days                        0                    0                    0                   0                    0
                               0.00                 0.00                 0.00                0.00                 0.00

90 Days                        0                    0                    0                   0                    0
                               0.00                 0.00                 0.00                0.00                 0.00

120 Days                       0                    0                    0                   0                    0
                               0.00                 0.00                 0.00                0.00                 0.00

150 Days                       0                    0                    0                   0                    0
                               0.00                 0.00                 0.00                0.00                 0.00

180+ Days                      0                    0                    0                   0                    0
                               0.00                 0.00                 0.00                0.00                 0.00

Totals                         1                    0                    0                   0                    1
                               224,986.50           0.00                 0.00                0.00                 224,986.50


0-29 Days                                           0.000000%            0.000000%           0.000000%            0.000000%
                                                    0.000000%            0.000000%           0.000000%            0.000000%

30 Days                        0.322581%            0.000000%            0.000000%           0.000000%            0.322581%
                               0.110248%            0.000000%            0.000000%           0.000000%            0.110248%

60 Days                        0.000000%            0.000000%            0.000000%           0.000000%            0.000000%
                               0.000000%            0.000000%            0.000000%           0.000000%            0.000000%

90 Days                        0.000000%            0.000000%            0.000000%           0.000000%            0.000000%
                               0.000000%            0.000000%            0.000000%           0.000000%            0.000000%

120 Days                       0.000000%            0.000000%            0.000000%           0.000000%            0.000000%
                               0.000000%            0.000000%            0.000000%           0.000000%            0.000000%

150 Days                       0.000000%            0.000000%            0.000000%           0.000000%            0.000000%
                               0.000000%            0.000000%            0.000000%           0.000000%            0.000000%

180+ Days                      0.000000%            0.000000%            0.000000%           0.000000%            0.000000%
                               0.000000%            0.000000%            0.000000%           0.000000%            0.000000%

Totals                         0.322581%            0.000000%            0.000000%           0.000000%            0.322581%
                               0.110248%            0.000000%            0.000000%           0.000000%            0.110248%



Please refer to CTSLink.com for a list of delinquency code descriptions.
                               DELINQUENT           BANKRUPTCY           FORECLOSURE         REO                  Total
Group 3 - MBA                  No. of Loans         No. of Loans         No. of Loans        No. of Loans         No. of Loans
                               Scheduled Balance    Scheduled Balance    Scheduled Balance   Scheduled Balance    Scheduled Balance
0-29 Days                                           0                    0                   0                    0
                                                    0.00                 0.00                0.00                 0.00

30 Days                        1                    0                    0                   0                    1
                               472,000.00           0.00                 0.00                0.00                 472,000.00

60 Days                        0                    0                    0                   0                    0
                               0.00                 0.00                 0.00                0.00                 0.00

90 Days                        0                    0                    0                   0                    0
                               0.00                 0.00                 0.00                0.00                 0.00

120 Days                       0                    0                    0                   0                    0
                               0.00                 0.00                 0.00                0.00                 0.00

150 Days                       0                    0                    0                   0                    0
                               0.00                 0.00                 0.00                0.00                 0.00

180+ Days                      0                    0                    0                   0                    0
                               0.00                 0.00                 0.00                0.00                 0.00

Totals                         1                    0                    0                   0                    1
                               472,000.00           0.00                 0.00                0.00                 472,000.00


0-29 Days                                           0.000000%            0.000000%           0.000000%            0.000000%
                                                    0.000000%            0.000000%           0.000000%            0.000000%

30 Days                        2.127660%            0.000000%            0.000000%           0.000000%            2.127660%
                               1.662817%            0.000000%            0.000000%           0.000000%            1.662817%

60 Days                        0.000000%            0.000000%            0.000000%           0.000000%            0.000000%
                               0.000000%            0.000000%            0.000000%           0.000000%            0.000000%

90 Days                        0.000000%            0.000000%            0.000000%           0.000000%            0.000000%
                               0.000000%            0.000000%            0.000000%           0.000000%            0.000000%

120 Days                       0.000000%            0.000000%            0.000000%           0.000000%            0.000000%
                               0.000000%            0.000000%            0.000000%           0.000000%            0.000000%

150 Days                       0.000000%            0.000000%            0.000000%           0.000000%            0.000000%
                               0.000000%            0.000000%            0.000000%           0.000000%            0.000000%

180+ Days                      0.000000%            0.000000%            0.000000%           0.000000%            0.000000%
                               0.000000%            0.000000%            0.000000%           0.000000%            0.000000%

Totals                         2.127660%            0.000000%            0.000000%           0.000000%            2.127660%
                               1.662817%            0.000000%            0.000000%           0.000000%            1.662817%


                               DELINQUENT           BANKRUPTCY           FORECLOSURE         REO                  Total
Group 4 - MBA                  No. of Loans         No. of Loans         No. of Loans        No. of Loans         No. of Loans
                               Scheduled Balance    Scheduled Balance    Scheduled Balance   Scheduled Balance    Scheduled Balance
0-29 Days                                           0                    0                   0                    0
                                                    0.00                 0.00                0.00                 0.00

30 Days                        1                    0                    0                   0                    1
                               193,500.00           0.00                 0.00                0.00                 193,500.00

60 Days                        0                    0                    0                   0                    0
                               0.00                 0.00                 0.00                0.00                 0.00

90 Days                        0                    0                    0                   0                    0
                               0.00                 0.00                 0.00                0.00                 0.00

120 Days                       0                    0                    0                   0                    0
                               0.00                 0.00                 0.00                0.00                 0.00

150 Days                       0                    0                    0                   0                    0
                               0.00                 0.00                 0.00                0.00                 0.00

180+ Days                      0                    0                    0                   0                    0
                               0.00                 0.00                 0.00                0.00                 0.00

Totals                         1                    0                    0                   0                    1
                               193,500.00           0.00                 0.00                0.00                 193,500.00


0-29 Days                                           0.000000%            0.000000%           0.000000%            0.000000%
                                                    0.000000%            0.000000%           0.000000%            0.000000%

30 Days                        0.408163%            0.000000%            0.000000%           0.000000%            0.408163%
                               0.132901%            0.000000%            0.000000%           0.000000%            0.132901%

60 Days                        0.000000%            0.000000%            0.000000%           0.000000%            0.000000%
                               0.000000%            0.000000%            0.000000%           0.000000%            0.000000%

90 Days                        0.000000%            0.000000%            0.000000%           0.000000%            0.000000%
                               0.000000%            0.000000%            0.000000%           0.000000%            0.000000%

120 Days                       0.000000%            0.000000%            0.000000%           0.000000%            0.000000%
                               0.000000%            0.000000%            0.000000%           0.000000%            0.000000%

150 Days                       0.000000%            0.000000%            0.000000%           0.000000%            0.000000%
                               0.000000%            0.000000%            0.000000%           0.000000%            0.000000%

180+ Days                      0.000000%            0.000000%            0.000000%           0.000000%            0.000000%
                               0.000000%            0.000000%            0.000000%           0.000000%            0.000000%

Totals                         0.408163%            0.000000%            0.000000%           0.000000%            0.408163%
                               0.132901%            0.000000%            0.000000%           0.000000%            0.132901%



Please refer to CTSLink.com for a list of delinquency code descriptions.

              REO Detail - All Mortgage Loans in REO during Current Period


Summary - No REO Information to report this period.

Group 1 - No REO Information to report this period.

Group 2 - No REO Information to report this period.

Group 3 - No REO Information to report this period.

Group 4 - No REO Information to report this period.

           REO Loan Detail - All Mortgage Loans in REO during Current Period

                                        Month
                                         Loan            First                                               Original
                       Loan           Entered          Payment                             LTV at           Principal
Group                Number               REO             Date           State        Origination             Balance


                           No REO Loans this Period

       REO Loan Detail - All Mortgage Loans in REO during Current Period (continued)

                                        Current           Paid                           Current          Approximate
                       Loan           Scheduled             To          Months              Loan           Delinquent
Group                Number             Balance           Date      Delinquent              Rate             Interest

                                 No REO Loans this Period

            Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period

Summary - No Foreclosure Information to report this period.

Group 1 - No Foreclosure Information to report this period.

Group 2 - No Foreclosure Information to report this period.

Group 3 - No Foreclosure Information to report this period.

Group 4 - No Foreclosure Information to report this period.

   Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period

                                          Month
                                           Loan              First                                            Original
                          Loan          Entered            Payment                            LTV at         Principal
Group                   Number               FC               Date          State        Origination           Balance

                               No Foreclosure Loans this Period

   Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period (continued)

                                         Current              Paid                        Current          Approximate
                           Loan        Scheduled                To         Months            Loan           Delinquent
Group                    Number          Balance              Date     Delinquent            Rate             Interest

                             No Foreclosure Loans this Period

            Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period



Summary - No Bankruptcy Information to report this period.

Group 1 - No Bankruptcy Information to report this period.

Group 2 - No Bankruptcy Information to report this period.

Group 3 - No Bankruptcy Information to report this period.

Group 4 - No Bankruptcy Information to report this period.

  Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period

Group                      Loan     Month Loan          First        State            LTV at           Original
                         Number        Entered        Payment                     Origination         Principal
                                    Bankruptcy           Date                                           Balance

                                     No Bankruptcy Loans this Period

   Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period (continued)

Group                     Loan            Current        Paid To       Months          Current       Approximate
                        Number          Scheduled           Date    Delinquent       Loan Rate        Delinquent
                                          Balance                                                       Interest

                                      No Bankruptcy Loans this Period

               Realized Loss Detail Report - Loans with Losses during Current Period


Summary
                                   # Loans              Prior          Realized            Current
                                      with             Actual       Loss/(Gain)               Loss
         Group                      Losses            Balance            Amount         Percentage
        Group 1                          0               0.00              0.00             0.000%
        Group 2                          0               0.00              0.00             0.000%
        Group 3                          0               0.00              0.00             0.000%
        Group 4                          0               0.00              0.00             0.000%
         Total                           0               0.00              0.00             0.000%

        Realized Loss Loan Detail Report - Loans With Losses during Current Period

                                           Original          Current
                           Loan           Principal             Note                          LTV at         Original
Group                    Number             Balance             Rate           State     Origination             Term

                                             No Losses this Period

       Realized Loss Loan Detail Report - Loans With Losses during Current Period (continued)

                                             Prior                           Cumulative
                           Loan             Actual          Realized           Realized
Group                    Number            Balance       Loss/(Gain)        Loss/(Gain)

                              No Losses this Period

                                                   Realized Loss Report - Collateral


    Summary - No Realized Loss Information to report this period.

    Group 1 - No Realized Loss Information to report this period.

    Group 2 - No Realized Loss Information to report this period.

    Group 3 - No Realized Loss Information to report this period.

    Group 4 - No Realized Loss Information to report this period.

Calculation Methodology:
Monthly Default Rate (MDR): sum(Beg Scheduled Balance of Liquidated Loans)/ sum(Beg Scheduled Balance).
Conditional Default Rate (CDR): 1-((1-MDR)^12)
SDA Standard Default Assumption: If WAS is less than or equal to 30 then CDR / (WAS * 0.02) else if WAS is greater than 30
and less than or equal to 60 then CDR / 0.6 else if WAS is greater than 60 and less than or equal to 120 then CDR / (0.6 -
((WAS - 60) * 0.0095)) else if WAS is greater than 120 then CDR / 0.03
Cumulative Loss Severity: Sum (Realized Losses) / Sum (Ending Actual Balance for loans that have experienced a loss).

                  Prepayment Detail - Prepayments during Current Period
Summary
                                      Loans Paid In Full                               Repurchased Loans


                                             Original            Current                      Original           Current
                                            Principal          Scheduled                     Principal         Scheduled
         Group               Count            Balance            Balance      Count            Balance           Balance
        Group 1                  2       6,050,000.00       4,044,531.57          0               0.00              0.00
        Group 2                  5       3,271,744.03       3,269,329.92          0               0.00              0.00
        Group 3                  0               0.00               0.00          0               0.00              0.00
        Group 4                  0               0.00               0.00          0               0.00              0.00
         Total                   7       9,321,744.03       7,313,861.49          0               0.00              0.00

                Prepayment Detail - Prepayments during Current Period (continued)

Summary
                                Substitution Loans                           Liquidated Loans                   Curtailments

                                        Original        Current                    Original         Current
                                       Principal      Scheduled                   Principal       Scheduled      Curtailment
       Group             Count           Balance        Balance      Count          Balance         Balance           Amount
      Group 1                0              0.00           0.00          0             0.00            0.00         3,630.02
      Group 2                0              0.00           0.00          0             0.00            0.00       884,611.32
      Group 3                0              0.00           0.00          0             0.00            0.00        46,459.72
      Group 4                0              0.00           0.00          0             0.00            0.00       266,115.79
       Total                 0              0.00           0.00          0             0.00            0.00     1,200,816.85

           Prepayment Loan Detail - Prepayments during Current Period
                                                                              First          Original
                            Loan                          LTV at            Payment         Principal        Prepayment
 Group                    Number         State       Origination               Date           Balance            Amount
Group 1               7104567867            NJ             100.00       01-Nov-2006      4,900,000.00      2,900,000.00
Group 1               7106227916            TX             100.00       01-Nov-2006      1,150,000.00      1,144,531.57
Group 2               7077876949            TN              78.42       01-Dec-2006        411,715.03        409,300.92
Group 2               7100240683            CO              47.62       01-Nov-2005      1,999,999.00      1,999,999.00
Group 2               7101642150            MS              70.00       01-Jan-2007        128,030.00        128,030.00
Group 2               7104635888            NJ              78.13       01-Nov-2006        250,000.00        250,000.00
Group 2               7106227957            KY              98.37       01-Nov-2006        482,000.00        482,000.00

        Prepayment Loan Detail - Prepayments during Current Period (continued)

                                                                                Current
                           Loan                PIF             Months              Loan        Original
 Group                   Number               Type         Delinquent              Rate            Term       Seasoning
Group 1              7104567867       Loan Paid in Full           0              6.405%             360               7
Group 1              7106227916       Loan Paid in Full          (1)             6.625%             360               7
Group 2              7077876949       Loan Paid in Full          (2)             6.625%             360               6
Group 2              7100240683       Loan Paid in Full           0              6.000%             360              19
Group 2              7101642150       Loan Paid in Full           0              6.655%             360               5
Group 2              7104635888       Loan Paid in Full           0              6.655%             360               7
Group 2              7106227957       Loan Paid in Full          (1)             7.250%             360               7

                    Prepayment Penalty Detail - Prepayment Penalty Paid during Current Period


                                                                                Prepayment            Prepayment
Summary                                  Loan                 Prior                Penalty               Penalty
                                        Count               Balance                 Amount                Waived
Group 1                                     0                  0.00                   0.00                  0.00
Group 2                                     0                  0.00                   0.00                  0.00
Group 3                                     0                  0.00                   0.00                  0.00
Group 4                                     0                  0.00                   0.00                  0.00
Total                                       0                  0.00                   0.00                  0.00

       Prepayment Penalty Loan Detail - Prepayment Penalty Paid during Current Period

                                   Paid In                            Prepayment         Prepayment
                      Loan            Full             Prior             Penalty            Penalty
Group               Number            Date           Balance              Amount             Waived


                             No Prepayment Penalties this Period

                                                     Prepayment Rates

  Summary
     SMM                                   CPR                                      PSA
     Current Month            1.961%       Current Month             21.154%        Current Month               1,363.538%
     3 Month Average          1.833%       3 Month Average           19.502%        3 Month Average             1,492.233%
     12 Month Average         0.000%       12 Month Average           0.000%        12 Month Average                0.000%


                CPR: Current vs. 12mo Average*                               PSA: Current vs. 12mo Average*
          Month        Current        12mo Avg.                        Month        Current        12mo Avg.



         Jul-2006          N/A           N/A                          Jul-2006          N/A           N/A
         Aug-2006          N/A           N/A                          Aug-2006          N/A           N/A
         Sep-2006          N/A           N/A                          Sep-2006          N/A           N/A
         Oct-2006          N/A           N/A                          Oct-2006          N/A           N/A
         Nov-2006          N/A           N/A                          Nov-2006          N/A           N/A
         Dec-2006          N/A           N/A                          Dec-2006          N/A           N/A
         Jan-2007          N/A           N/A                          Jan-2007          N/A           N/A
         Feb-2007      12.688%           N/A                          Feb-2007   1,646.125%           N/A
         Mar-2007      16.846%           N/A                          Mar-2007   1,742.462%           N/A
         Apr-2007      29.052%           N/A                          Apr-2007   2,502.691%           N/A
         May-2007       8.298%           N/A                          May-2007     610.469%           N/A
         Jun-2007      21.154%           N/A                          Jun-2007   1,363.538%           N/A

     *The text reported in the above table is presented        *The text reported in the above table is presented
     graphically on the monthly bond remittance report. The    graphically on the monthly bond remittance report. The
     monthly bond remittance report can be viewed online at    monthly bond remittance report can be viewed online at
     www.ctslink.com.                                          www.ctslink.com.


  Group 1
     SMM                                   CPR                                      PSA
     Current Month            7.839%       Current Month             62.452%        Current Month               4,661.645%
     3 Month Average          4.573%       3 Month Average           40.351%        3 Month Average             3,513.078%
     12 Month Average         0.000%       12 Month Average           0.000%        12 Month Average                0.000%


                CPR: Current vs. 12mo Average*                               PSA: Current vs. 12mo Average*
          Month        Current        12mo Avg.                        Month        Current        12mo Avg.



         Jul-2006          N/A           N/A                          Jul-2006          N/A           N/A
         Aug-2006          N/A           N/A                          Aug-2006          N/A           N/A
         Sep-2006          N/A           N/A                          Sep-2006          N/A           N/A
         Oct-2006          N/A           N/A                          Oct-2006          N/A           N/A
         Nov-2006          N/A           N/A                          Nov-2006          N/A           N/A
         Dec-2006          N/A           N/A                          Dec-2006          N/A           N/A
         Jan-2007          N/A           N/A                          Jan-2007          N/A           N/A
         Feb-2007       5.169%           N/A                          Feb-2007     960.331%           N/A
         Mar-2007      34.979%           N/A                          Mar-2007   4,752.597%           N/A
         Apr-2007      40.338%           N/A                          Apr-2007   4,281.837%           N/A
         May-2007      18.262%           N/A                          May-2007   1,595.752%           N/A
         Jun-2007      62.452%           N/A                          Jun-2007   4,661.645%           N/A

     *The text reported in the above table is presented        *The text reported in the above table is presented
     graphically on the monthly bond remittance report. The    graphically on the monthly bond remittance report. The
     monthly bond remittance report can be viewed online at    monthly bond remittance report can be viewed online at
     www.ctslink.com.                                          www.ctslink.com.


  Group 2
     SMM                                   CPR                                      PSA
     Current Month            1.995%       Current Month             21.479%        Current Month               1,396.236%
     3 Month Average          1.185%       3 Month Average           13.043%        3 Month Average               958.549%
     12 Month Average         0.000%       12 Month Average           0.000%        12 Month Average                0.000%


                CPR: Current vs. 12mo Average*                               PSA: Current vs. 12mo Average*
          Month        Current        12mo Avg.                        Month        Current        12mo Avg.



         Jul-2006          N/A           N/A                          Jul-2006          N/A           N/A
         Aug-2006          N/A           N/A                          Aug-2006          N/A           N/A
         Sep-2006          N/A           N/A                          Sep-2006          N/A           N/A
         Oct-2006          N/A           N/A                          Oct-2006          N/A           N/A
         Nov-2006          N/A           N/A                          Nov-2006          N/A           N/A
         Dec-2006          N/A           N/A                          Dec-2006          N/A           N/A
         Jan-2007          N/A           N/A                          Jan-2007          N/A           N/A
         Feb-2007      19.007%           N/A                          Feb-2007   2,506.116%           N/A
         Mar-2007       7.268%           N/A                          Mar-2007     758.246%           N/A
         Apr-2007      14.115%           N/A                          Apr-2007   1,219.091%           N/A
         May-2007       3.536%           N/A                          May-2007     260.320%           N/A
         Jun-2007      21.479%           N/A                          Jun-2007   1,396.236%           N/A

     *The text reported in the above table is presented        *The text reported in the above table is presented
     graphically on the monthly bond remittance report. The    graphically on the monthly bond remittance report. The
     monthly bond remittance report can be viewed online at    monthly bond remittance report can be viewed online at
     www.ctslink.com.                                          www.ctslink.com.


  Group 3
     SMM                                   CPR                                      PSA
     Current Month            0.163%       Current Month              1.943%        Current Month                 103.640%
     3 Month Average          0.795%       3 Month Average            8.530%        3 Month Average               568.652%
     12 Month Average         0.000%       12 Month Average           0.000%        12 Month Average                0.000%


                CPR: Current vs. 12mo Average*                               PSA: Current vs. 12mo Average*
          Month        Current        12mo Avg.                        Month        Current        12mo Avg.



         Jul-2006          N/A           N/A                          Jul-2006          N/A           N/A
         Aug-2006          N/A           N/A                          Aug-2006          N/A           N/A
         Sep-2006          N/A           N/A                          Sep-2006          N/A           N/A
         Oct-2006          N/A           N/A                          Oct-2006          N/A           N/A
         Nov-2006          N/A           N/A                          Nov-2006          N/A           N/A
         Dec-2006          N/A           N/A                          Dec-2006          N/A           N/A
         Jan-2007          N/A           N/A                          Jan-2007          N/A           N/A
         Feb-2007       0.037%           N/A                          Feb-2007       3.428%           N/A
         Mar-2007      36.198%           N/A                          Mar-2007   2,852.030%           N/A
         Apr-2007      23.580%           N/A                          Apr-2007   1,598.324%           N/A
         May-2007       0.067%           N/A                          May-2007       3.992%           N/A
         Jun-2007       1.943%           N/A                          Jun-2007     103.640%           N/A

     *The text reported in the above table is presented        *The text reported in the above table is presented
     graphically on the monthly bond remittance report. The    graphically on the monthly bond remittance report. The
     monthly bond remittance report can be viewed online at    monthly bond remittance report can be viewed online at
     www.ctslink.com.                                          www.ctslink.com.


  Group 4
     SMM                                   CPR                                      PSA
     Current Month            0.182%       Current Month              2.167%        Current Month                 137.545%
     3 Month Average          1.957%       3 Month Average           19.242%        3 Month Average             1,562.428%
     12 Month Average         0.000%       12 Month Average           0.000%        12 Month Average                0.000%


                CPR: Current vs. 12mo Average*                               PSA: Current vs. 12mo Average*
          Month        Current        12mo Avg.                        Month        Current        12mo Avg.



         Jul-2006          N/A           N/A                          Jul-2006          N/A           N/A
         Aug-2006          N/A           N/A                          Aug-2006          N/A           N/A
         Sep-2006          N/A           N/A                          Sep-2006          N/A           N/A
         Oct-2006          N/A           N/A                          Oct-2006          N/A           N/A
         Nov-2006          N/A           N/A                          Nov-2006          N/A           N/A
         Dec-2006          N/A           N/A                          Dec-2006          N/A           N/A
         Jan-2007          N/A           N/A                          Jan-2007          N/A           N/A
         Feb-2007       8.524%           N/A                          Feb-2007   1,046.488%           N/A
         Mar-2007      17.673%           N/A                          Mar-2007   1,761.691%           N/A
         Apr-2007      42.980%           N/A                          Apr-2007   3,635.172%           N/A
         May-2007      12.579%           N/A                          May-2007     914.566%           N/A
         Jun-2007       2.167%           N/A                          Jun-2007     137.545%           N/A

     *The text reported in the above table is presented        *The text reported in the above table is presented
     graphically on the monthly bond remittance report. The    graphically on the monthly bond remittance report. The
     monthly bond remittance report can be viewed online at    monthly bond remittance report can be viewed online at
     www.ctslink.com.                                          www.ctslink.com.



Calculation Methodology:
Single Month Mortality (SMM):  (Partial and full prepayments + Repurchases) / (Beginning Scheduled Balance - Scheduled
Principal)
Conditional PrePayment Rate (CPR):  1 - ((1 - SMM)^12)
PSA Standard Prepayment Model:  100 * CPR / (0.2 * MIN(30,WAS))
Weighted Average Seasoning (WAS):  sum((Original Term - Remaining Term)*(Current Scheduled Balance/Deal Scheduled Principal
Balance))

                                      Modifications

             Beginning         Current
  Loan       Scheduled       Scheduled          Prior        Modified          Prior         Modified
Number         Balance         Balance           Rate            Rate         Payment         Payment

                          No Modifications this Period

                                                Substitutions
                     Loans Repurchased                                         Loans Substituted

               Current                                                      Current
  Loan       Scheduled       Current          Current          Loan        Scheduled       Current           Current
Number         Balance          Rate          Payment        Number          Balance          Rate           Payment

                                      No Substitutions this Period

                            Repurchases

                        Current
  Loan                Scheduled                 Current                  Current
Number                  Balance                    Rate                  Payment

                     No Repurchases this Period

                          Breaches

                      Current
  Loan              Scheduled        Current               Current
Number                Balance           Rate               Payment

                No Breaches this Period

                   Interest Rate Stratification

                              Summary                                                       Group 1

          Current     Number of         Outstanding    Percentage of      Number of         Outstanding    Percentage of
    Interest Rate         Loans           Scheduled       Balance(%)           Loans          Scheduled       Balance(%)
         Range(%)                        Balance($)                                          Balance($)
          < 4.750             0                0.00            0.000               0               0.00            0.000
   4.750    4.999             1        1,000,000.00            0.235               0               0.00            0.000
   5.000    5.249             2          358,055.63            0.084               1         163,459.66            0.343
   5.250    5.499            11        5,309,232.47            1.247               2       1,072,796.98            2.254
   5.500    5.749            13        7,968,320.79            1.872               8       5,626,551.22           11.822
   5.750    5.999            56       38,343,793.07            9.008              19      12,361,512.41           25.972
   6.000    6.249           104       67,372,555.18           15.828              19      12,606,324.66           26.487
   6.250    6.499           158       94,591,140.17           22.223              14       6,238,325.80           13.107
   6.500    6.749           236      138,098,549.06           32.444               9       7,815,262.66           16.420
   6.750    6.999            76       56,490,812.26           13.272               2       1,710,877.04            3.595
   7.000    7.249            17       13,867,757.19            3.258               0               0.00            0.000
   7.250    7.499             2        2,250,000.00            0.529               0               0.00            0.000
>= 7.500                      0                0.00            0.000               0               0.00            0.000
            Total           676      425,650,215.82          100.000              74      47,595,110.43          100.000

             Interest Rate Stratification (continued)

                              Group 2                                                        Group 3

          Current     Number of         Outstanding    Percentage of       Number of         Outstanding    Percentage of
    Interest Rate         Loans           Scheduled       Balance(%)            Loans          Scheduled       Balance(%)
         Range(%)                        Balance($)                                           Balance($)
          < 4.750             0                0.00            0.000                0               0.00            0.000
   4.750    4.999             1        1,000,000.00            0.490                0               0.00            0.000
   5.000    5.249             1          194,595.97            0.095                0               0.00            0.000
   5.250    5.499             7        3,588,739.17            1.759                2         647,696.32            2.282
   5.500    5.749             4        2,008,769.57            0.984                1         333,000.00            1.173
   5.750    5.999            33       22,936,780.66           11.240                1         148,000.00            0.521
   6.000    6.249            63       37,763,522.86           18.505                5       4,619,231.02           16.273
   6.250    6.499            73       44,615,004.56           21.862                9       7,114,322.91           25.063
   6.500    6.749            94       61,501,091.26           30.137               16       8,570,958.03           30.195
   6.750    6.999            30       25,471,112.56           12.481                9       5,650,853.53           19.907
   7.000    7.249             3        3,143,148.30            1.540                4       1,301,500.00            4.585
   7.250    7.499             1        1,850,000.00            0.907                0               0.00            0.000
>= 7.500                      0                0.00            0.000                0               0.00            0.000
            Total           310      204,072,764.91          100.000               47      28,385,561.81          100.000

             Interest Rate Stratification (continued)

                              Group 4

          Current     Number of         Outstanding    Percentage of
    Interest Rate         Loans           Scheduled       Balance(%)
         Range(%)                        Balance($)
          < 4.750             0                0.00            0.000
   4.750    4.999             0                0.00            0.000
   5.000    5.249             0                0.00            0.000
   5.250    5.499             0                0.00            0.000
   5.500    5.749             0                0.00            0.000
   5.750    5.999             3        2,897,500.00            1.990
   6.000    6.249            17       12,383,476.64            8.505
   6.250    6.499            62       36,623,486.90           25.154
   6.500    6.749           117       60,211,237.11           41.355
   6.750    6.999            35       23,657,969.13           16.249
   7.000    7.249            10        9,423,108.89            6.472
   7.250    7.499             1          400,000.00            0.275
>= 7.500                      0                0.00            0.000
            Total           245      145,596,778.67          100.000

                                                 SUPPLEMENTAL REPORTING

Closing Date
January 30, 2007.

Determination Date
With respect to each Distribution Date, the 15th day of the month in which such Distribution Date occurs, or,
if such 15th day is not a Business Day, the next succeeding Business Day.

Distribution Date
The 25th day of each month or, if such 25th day is not a Business Day, the next succeeding Business Day, commencing
in February 2007.

Distribution Account Deposit Date
The 24th day of each calendar month after the initial issuance of the Certificates or, if such 24th day is not
a Business Day, the immediately preceding Business Day, commencing in February 2007.

Record Date
As to any Distribution Date, the last Business Day of the month preceding the month of each Distribution Date.

Servicer Remittance Date
The 18th day of each calendar month after the initial issuance of the Certificates or, if such 18th day is not
a Business Day, the immediately preceding Business Day, commencing in February 2007.