**Management’s
      Report on Assessment of Compliance with Applicable Servicing
      Criteria**




JPMorgan
      Chase Bank, National Association (the “Asserting Party”) is responsible for
      assessing compliance as of September 30, 2006 and for the period from January
      1,
      2006 through September 30, 2006 (the “Reporting Period”), with the servicing
      criteria set forth in Title 17, Section 229.1122 (d) of the Code of Federal
      Regulations (the “CFR”), to the extent required by the related transaction
      agreements and excluding the criteria set forth in 17 CFR 229.1122(d)
      (1)(ii)-(iv), (2)(iii), (2)(vi), (4)(i)-(ii), and (4)(iv)-(xiv) which the
      Asserting Party has concluded are not applicable to the activities it performs
      with respect to the asset-backed securitization transactions covered by this
      report (such criteria, after giving effect to the exclusions identified above,
      the “Applicable Servicing Criteria”). This report covers certain asset-backed
      securities transactions backed by residential mortgages, home equity loans,
      auto
      loans, credit card receivables, dealer floor plans, retail installment contracts
      and manufactured housing contracts for which transactions the Asserting Party
      performs the Applicable Servicing Criteria as trustee, securities administrator
      or paying agent that were registered with the Securities and Exchange Commission
      pursuant to the Securities Act of 1933, as amended, where the related
      asset-backed securities were outstanding during the reporting period (the
“Platform”), as listed in Appendix A.




The
      Asserting Party has (i) used the criteria set forth in 17 CFR 229.1122(d) to
      assess the compliance by the Asserting Party with the Applicable Servicing
      Criteria for the Reporting Period and (ii) concluded that, other than as
      identified on Appendix B, the Asserting Party has complied, in all material
      respects, with the Applicable Servicing Criteria as of September 30, 2006 and
      for the Reporting Period with respect to the Platform, taken as a
      whole.




PricewaterhouseCoopers
      LLP, an independent registered public accounting firm, has issued an attestation
      report for the Platform, stating that the Asserting Party has complied with
      the
      Applicable Servicing Criteria, except for material instances of non-compliance
      identified on Appendix B, as of September 30, 2006 and for the Reporting Period.




JPMorgan
      Chase Bank, National Association




/s/
      Kelly A. Mathieson


Kelly
      A.
      Mathieson, Managing Director


Date:
      March 14, 2007







**Appendix
        A**


BA
        Master
        Credit Card Trust II
 Capital
        Auto Receivables Asset Trust 2006-1
 Capital
        One Auto Finance Trust 2006-A
 Capital
        One Auto Finance Trust 2006-B
 Capital
        One Prime Auto Receivables Trust, 2006-1
 Centex
        Home Equity Loan Trust 2006-A
 Chase
        Auto Owner Trust 2006-A
 Chase
        Auto Owner Trust 2006-B
 Chase
        Credit Card Master Trust, Series 1996-2 (Class A and B)
 Chase
        Credit Card Master Trust, Series 1996-3 (Class A and B)
 Chase
        Credit Card Master Trust, Series 2001-1
 Chase
        Credit Card Master Trust, Series 2001-2
 Chase
        Credit Card Master Trust, Series 2001-4
 Chase
        Credit Card Master Trust, Series 2001-6
 Chase
        Credit Card Master Trust, Series 2002-1
 Chase
        Credit Card Master Trust, Series 2002-3
 Chase
        Credit Card Master Trust, Series 2002-5
 Chase
        Credit Card Master Trust, Series 2002-7
 Chase
        Credit Card Master Trust, Series 2003-1
 Chase
        Credit Card Master Trust, Series 2003-2
 Chase
        Credit Card Master Trust, Series 2003-3
 Chase
        Credit Card Master Trust, Series 2003-4
 Chase
        Credit Card Master Trust, Series 2003-5
 Chase
        Credit Card Master Trust, Series 2003-6
 Chase
        Credit Card Master Trust, Series 2004-1
 Chase
        Credit Card Master Trust, Series 2004-2
 Chase
        Mortgage Finance Trust Series 2006-A1
 Chase
        Mortgage Finance Trust Series 2006-S1
 Chase
        Mortgage Finance Trust Series 2006-S2
 ChaseFlex
        Trust Series 2006-1
 ChaseFlex
        Trust Series 2006-2
 Citigroup
        Mortgage Loan Trust 2006-CB3
 CNH
        Equipment Trust 2006-A
 CNH
        Equipment Trust 2006-B
 CWHEQ
        Revolving Home Equity Loan Trust, Series 2006- F
 CWHEQ
        Revolving Home Equity Loan Trust, Series 2006-A
 CWHEQ
        Revolving Home Equity Loan Trust, Series 2006-B
 CWHEQ
        Revolving Home Equity Loan Trust, Series 2006-C
 CWHEQ
        Revolving Home Equity Loan Trust, Series 2006-D
 CWHEQ
        Revolving Home Equity Loan Trust, Series 2006-E
 CWHEQ
        Revolving Home Equity Loan Trust, Series 2006-G
 CWHEQ
        Revolving Home Equity Loan Trust, Series 2006-H
 DaimlerChrysler
        Auto Trust 2006-A
 Ford
        Credit Floorplan Master Owner Trust A, Series 2006-3
 Ford
        Credit Floorplan Master Owner Trust A, Series 2006-4
 GMACM
        Home Equity Loan Trust 2006-HE1
 GMACM
        Home Equity Loan Trust 2006-HE2
 GMACM
        Home Equity Loan Trust 2006-HE3
 GMACM
        Home Equity Loan Trust 2006-HE4
 GMACM
        Home Loan Trust 2006-HLTV1
 GMACM
        Mortgage Loan Trust 2006-AR2
 GS
        Auto
        Loan Trust 2006-1
 GSAA
        Home
        Equity Trust 2006-1
 GSAA
        Home
        Equity Trust 2006-12
 GSAA
        Home
        Equity Trust 2006-3
 GSAA
        Home
        Equity Trust 2006-5
 GSAA
        Home
        Equity Trust 2006-6
  
  GSAA
        Home
        Equity Trust 2006-9
 GSR
        Mortgage Loan Trust 2006-4F
 Honda
        Auto Receivables 2006-1 Owner Trust
 IXIS
        Real
        Estate Capital Trust 2006-HE1
 IXIS
        Real
        Estate Capital Trust 2006-HE2
 J.P.
        Morgan Mortgage Acquisition Corp. 2006-FRE1
 J.P.
        Morgan Mortgage Acquisition Corp. 2006-FRE2
 J.P.
        Morgan Mortgage Acquisition Corp. 2006-HE1
 J.P.
        Morgan Mortgage Acquisition Corp. 2006-WMC1
 J.P.
        Morgan Mortgage Acquisition Trust 2006-ACC1
 J.P.
        Morgan Mortgage Acquisition Trust 2006-CW1
 J.P.
        Morgan Mortgage Acquisition Trust 2006-HE2
 J.P.
        Morgan Mortgage Acquisition Trust 2006-NC1
 J.P.
        Morgan Mortgage Acquisition Trust 2006-NC2
 J.P.
        Morgan Mortgage Acquisition Trust 2006-RM1
 J.P.
        Morgan Mortgage Acquisition Trust 2006-WMC2
 J.P.
        Morgan Mortgage Acquisition Trust 2006-WMC3
 Nationstar
        Home Equity Loan Trust 2006-B
 Newcastle
        Mortgage Securities Trust 2006-1
 NovaStar
        Mortgage Funding Trust, Series 2006-1
 NovaStar
        Mortgage Funding Trust, Series 2006-2
 NovaStar
        Mortgage Funding Trust, Series 2006-3
 NovaStar
        Mortgage Funding Trust, Series-2006-MTA1
 Origen
        Manufactured Housing Contract Trust 2006-A
 Ownit
        Mortgage Loan Trust, Series 2006-1 Trust
 Popular
        ABS Mortgage Pass-Through Trust 2006-A
 Popular
        ABS Mortgage Pass-Through Trust 2006-B
 Popular
        ABS Mortgage Pass-Through Trust 2006-C
 Popular
        ABS Mortgage Pass-Through Trust 2006-D
 RAAC
        Series 2006-SP1 Trust
 RAAC
        Series 2006-SP2 Trust
 RAAC
        Series 2006-SP3 Trust
 RAMP
        Series 2006-RS1 Trust
 RAMP
        Series 2006-RS2 Trust
 RAMP
        Series 2006-RS3 Trust
 RAMP
        Series 2006-RS4 Trust
 RAMP
        Series 2006-RS5 Trust
 RAMP
        Series 2006-RZ1 Trust
 RAMP
        Series 2006-RZ2 Trust
 RAMP
        Series 2006-RZ3 Trust
 RAMP
        Series 2006-RZ4 Trust
 RFMSII
        Series 2006-HSA1 Trust
 The
        Home
        Equity Loan Trust 2006-HSA2
 The
        Home
        Equity Loan Trust 2006-HSA3
 The
        Home
        Equity Loan Trust 2006-HSA4
 The
        Home
        Equity Loan Trust 2006-HSA5
 The
        Home
        Loan Trust 2006-HI1
 The
        Home
        Loan Trust 2006-HI2
 The
        Home
        Loan Trust 2006-HI3
 The
        Home
        Loan Trust 2006-HI4
 USAA
        Auto
        Owner Trust 2006-1
 USAA
        Auto
        Owner Trust 2006-2
  
  APPENDIX
        B
  Material
        Instances of Noncompliance
  During
        the Reporting Period, the Company has identified the following material
        instances of noncompliance the Applicable Servicing Criteria.
  CFR
        Item
        1122(d)(3)(i): Certain monthly investor reports omitted information required
        by
        the transaction agreements and/or contained errors in the information
        presented.
  CFR
        Item
        1122(d)(3)(ii): Certain monthly investor distributions contained errors as
        to
        amounts due to certain investors.
  Remediation
        Efforts
  Errors
        and omissions were corrected and appropriate measures were taken to avoid
        similar errors and omissions.