REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM



The Board of Directors
HSBC Mortgage Corporation (USA):


We have  examined  management's  assessment  included in the attached  Report on
Compliance with Applicable  Servicing Criteria,  that HSBC Mortgage  Corporation
(USA) (the  Company)  complied  with the  servicing  criteria  set forth in Item
1122(d)  of the  Securities  and  Exchange  Commission's  Regulation  AB for all
asset-backed  securities  transactions involving first lien residential mortgage
loans (the  Control  Transactions),  as of and for the year ended  December  31,
2006.  Management  is  responsible  for  the  Company's  compliance  with  those
servicing criteria.  Our responsibility is to express an opinion on management's
assessment about the Company's compliance based on our examination.

Our  examination  was conducted in  accordance  with the standards of the Public
Company Accounting  Oversight Board (United States) and,  accordingly,  included
examining,  on a test basis,  evidence about the Company's  compliance  with the
servicing  criteria  specified above and performing such other  procedures as we
considered  necessary in the circumstances.  Our examination included testing of
less  than  all of the  individual  asset-backed  securities  transactions  that
comprise  the Control  Transactions,  testing of less than all of the  servicing
activities  related to the Control  Transactions,  and  determining  whether the
Company  processed  those  selected  transactions  and performed  those selected
activities  in  compliance  with  the  servicing  criteria.   Furthermore,   our
procedures were limited to the selected  transactions  and servicing  activities
performed  by the  Company  during  the  period  covered  by  this  report.  Our
procedures  were not  designed to  determine  whether  errors may have  occurred
either prior to or  subsequent  to our tests that may have affected the balances
or amounts  calculated or reported by the Company  during the period  covered by
this report for the selected transactions or any other transactions.  We believe
that  our  examination   provides  a  reasonable  basis  for  our  opinion.  Our
examination does not provide a legal  determination on the Company's  compliance
with the servicing criteria.

As described in the accompanying Report on Compliance with Applicable  Servicing
Criteria,    for   servicing    criteria    1122(d)(4)(iv),    1122(d)(4)(viii),
1122(d)(4)(xi) and 1122(d)(4)(xiii),  the Company has engaged various vendors to
perform the activities  required by these  servicing  criteria.  The Company has
determined that these vendors are not considered a "servicer" as defined in Item
1101(j) of Regulation AB, and the Company has elected to take responsibility for
assessing  compliance with the servicing  criteria  applicable to each vendor as
permitted by  Interpretation  17.06 of the SEC Division of  Corporation  Finance
Manual of Publicly Available Telephone Interpretations ("Interpretation 17.06").
As  permitted by  Interpretation  17.06,  the Company has  asserted  that it has
policies and procedures in place designed to provide  reasonable  assurance that
the vendors'  activities  comply in all  material  respects  with the  servicing
criteria  applicable  to each  vendor.  The  Company is solely  responsible  for
determining that it meets the SEC requirements to apply Interpretation 17.06 for
the vendors and related criteria as described in its assertion, and we performed
no procedures with respect to the Company's  eligibility to apply Interpretation
17.06.


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In our  opinion,  management's  assessment  that the Company  complied  with the
aforementioned servicing criteria as of and for the year ended December 31, 2006
is fairly stated, in all material respects.


                                  /s/ KPMG LLP


Buffalo, New York
March 1, 2007


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