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**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

**Washington,      D.C. 20549**

**FORM      10-K**

**[X]      ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT      OF      1934**

**[        ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND      EXCHANGE ACT OF 1934**

|   | Delaware                                                                                    |   | 13-3416059                                                         |   |
|--------|---------------------------------------------------------------------------------------------|--------|--------------------------------------------------------------------|--------|
|   | (State                or other jurisdiction ofincorporation                or organization) |   | (I.R.S.                Employer Identification                No.) |   |

|   | o                Yes |   |  x                No |
|--------|----------------------|--------|---------------------------|

|   | o                Yes |   | x                No |
|--------|----------------------|--------|---------------------|

|   | x                Yes |   | o                No |
|--------|----------------------|--------|---------------------|

| Large                accelerated filer o | Accelerated                filer o |  Non-accelerated                filer x |
|------------------------------------------|------------------------------------|----------------------------------------------|

**DOCUMENTS      INCORPORATED BY REFERENCE**

**PART        I**

**Item        1.        Business. **

**Item        1A. Risk Factors.**

**Item        1B. Unresolved Staff Comments.**

**Item        2. Properties.**

**Item        3. Legal Proceedings. **

**Item        4. Submission of Matters to a Vote of Security Holders.**

**PART        II**

**Item        5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer        Purchases of Equity Securities.**

**Item        6. Selected Financial Data.**

**Item        7. Management’s Discussion and Analysis of Financial Condition and Results of        Operation.**

**Item        7A. Quantitative and Qualitative Disclosures About Market        Risk.**

**Item        8. Financial Statements and Supplementary Data.**

**Item        9. Changes in and Disagreements With Accountants on Accounting and Financial        Disclosure.**

**Item        9A. Controls and Procedures.**

**Item        9A(T). Controls and        Procedures.**

**Item        9B. Other Information.**

**PART        III**

**Item          10. Directors, Executive Officers and Corporate          Governances.**

**Item        11. Executive Compensation.**

**Item        12. Security Ownership of Certain Beneficial Owners and Management and Related        Stockholder Matters.**

**Item          13. Certain Relationships and Related Transactions, and Director          Independences**

**Item        14. Principal Accounting Fees and Services.**

**Item        1112(b) of Regulation AB. Significant Obligors Financial        Information.**

**Item        1114(b)(2) and 1115(b) of Regulation AB. Significant Enhancement Provider        Financial Information.**

**Item        1117 of Regulation AB. Legal Proceedings**

**Item        1119 of Regulation AB. Affiliations and Certain Relationships and Related        Transactions**

**Item        1122 of Regulation AB. Compliance with Applicable Servicing        Criteria.**

**Item        1123 of Regulation AB. Servicer Compliance Statement**

**              **

**PART        IV**

**Item        15. Exhibits, Financial Statement Schedules.**

| **Exhibit                    Number** | **Description**                                                                                                                                                                                                                                                    |
|---------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 4.1                                   | Pooling                    and Servicing Agreement (filed as an exhibit to Form 8-K on                    2006-10-13)                                                                                                                                              |
| 10.1                                  | Mortgage                    Loan Sale and Assignment Agreement (filed as an exhibit to Form                    8-K                    on                    2006-10-13)                                                                                            |
| 31                                    | Sarbanes-Oxley                    Certification                                                                                                                                                                                                                    |
| 33(a)                                 | Report                    on assessment of compliance with servicing criteria for asset-backed                    securities, LaSalle Bank National Association, as Master Servicer                                                                           |
| 33(b)                                 | Report                    on assessment of compliance with servicing criteria for asset-backed                    securities, Indymac Bank, F.S.B., as Servicer                                                                                                    |
| 33(c)                                 | Report                    on assessment of compliance with servicing criteria for asset-backed                    securities, Wilshire Credit Corporation, as Servicer                                                                                             |
| 33(d)                                 | Report                    on assessment of compliance with servicing criteria for asset-backed                    securities, LaSalle Bank National Association, as Securities                    Administrator                    and Custodian              |
| 33(e)                                 | Report                    on assessment of compliance with servicing criteria for asset-backed                    securities, LandAmerica Tax and Flood Services, Inc., as Servicing                    Function Participant                                       |
| 33(f)                                 | Report                  on assessment of                  compliance with servicing criteria for asset-backed securities,                  Newport                  Management Corporation, as Servicing Function Participant                                      |
| 34(a)                                 | Attestation                    report on assessment of compliance with servicing criteria for                    asset-backed securities, LaSalle Bank National Association, as Master                    Servicer                                            |
| 34(b)                                 | Attestation                    report on assessment of compliance with servicing criteria for                    asset-backed securities, Indymac Bank, F.S.B., as                    Servicer                                                                     |
| 34(c)                                 | Attestation                    report on assessment of compliance with servicing criteria for                    asset-backed securities, Wilshire Credit Corporation, as                    Servicer                                                              |
| 34(d)                                 | Attestation                    report on assessment of compliance with servicing criteria for                    asset-backed securities, LaSalle Bank National Association, as                    Securities                    Administrator and Custodian  |
| 34(e)                                 | Attestation                    report on assessment of compliance with servicing criteria for                    asset-backed securities, LandAmerica Tax and Flood Services,                    Inc., as                    Servicing Function Participant        |
| 34(f)                                 | Attestation                  report on                  assessment of compliance with servicing criteria for asset-backed                  securities, Newport Management Corporation, as Servicing Function                  Participant                          |
| 35(a)                                 | Servicer                    compliance statement, LaSalle Bank National Association, as Master                    Servicer                                                                                                                                    |
| 35(b)                                 | Servicer                    compliance statement, Indymac Bank, F.S.B, as Servicer                                                                                                                                                                                 |
| 35(c)                                 | Servicer                    compliance statement, Wilshire Credit Corporation, as                    Servicer                                                                                                                                                      |
| 35(d)                                 | Servicer                    compliance statement, LaSalle Bank National Association,                    as Securities Administrator                                                                                                                 |
| 99.1(a)                               | Newport                    Management Corporation, Assessment of Compliance Schedule A -                    Part                    1                                                                                                                              |
| 99.1(b)                               | Newport                  Management Corporation, Assessment of Compliance Schedule A - Part                  2                                                                                                                                                     |
| 99.1(c)                               | Newport                    Management Corporation, Assessment of Compliance Schedule A -                    Part                    3                                                                                                                              |
| 99.1(d)                               | Newport                    Management Corporation, Assessment of Compliance Schedule A -                    Part 4                                                                                                                                       |
| 99.1(e)                               | Newport                    Management Corporation, Assessment of Compliance Schedule A -                    Part                    5                                                                                                                              |
| 99.1(f)                               | Newport                    Management Corporation, Assessment of Compliance Schedule A -                    Part                    6                                                                                                                              |
| 99.1(g)                               | Newport                    Management Corporation, Assessment of Compliance Schedule A -                    Part                    7                                                                                                                              |
| 99.1(h)                               | Newport                    Management Corporation, Assessment of Compliance Schedule A -                    Part                    8                                                                                                                              |

|     LaSalle                  Bank National Association, as Master Servicer                                                             |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|
|     Indymac                  Bank, F.S.B., as Servicer                                                                                      |
|     Wilshire                  Credit                  Corporation, as Servicer                                                              |
|     LaSalle                  Bank National Association, as Securities Administrator and                  Custodian                     |
|          LandAmerica                Tax and Flood Services, Inc., as Servicing Function                Participant |
|     Newport                Mangagement Corporation, as Servicing Function                Participant                                        |

|     LaSalle                  Bank National Association, as Master Servicer                                                                 |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|     Indymac                  Bank, F.S.B., as Servicer                                                                                          |
|     Wilshire                  Credit                  Corporation, as Servicer                                                                  |
|     LaSalle                  Bank National Association, as Securities Administrator and                  Custodian                         |
|          LandAmerica                  Tax and Flood Services, Inc., as Servicing Function                  Participant |
|     Newport                Mangagement Corporation, as Servicing Function                Participant                                            |

|     LaSalle                  Bank National Association, as Master Servicer                                          |
|----------------------------------------------------------------------------------------------------------------------------------------------|
|     Indymac                  Bank, F.S.B., as Servicer                                                                   |
|     Wilshire                  Credit                  Corporation, as Servicer                                           |
|     LaSalle                  Bank National Association, as Securities Administrator and                  Custodian  |

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**SIGNATURES**

|                                | LaSalle                Bank National Association, as Master Servicer                                      |
|-------------------------------------|-----------------------------------------------------------------------------------------------------------|
|                                |                                                                                                      |
|  March                29, 2007 | /s/                Andrew Leszczynski                                                                     |
|                                | By: Andrew                Leszczynski                                            |
|                                | Title: First                Vice President                                                           |
|                                | (Senior                Officer in charge of the servicing function of the Master                Servicer) |

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**EXHIBIT      INDEX**

| **Exhibit                Number** | **Description**                                                                                                                                                                                                                             |
|-----------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 4.1                               | Pooling                and Servicing Agreement (filed as an exhibit to Form 8-K on                2006-10-13)                                                                                                                               |
| 10.1                              | Mortgage                Loan Sale and Assignment Agreement (filed as an exhibit to Form 8-K                on                2006-10-13)                                                                                                    |
| 31                                | Sarbanes-Oxley                Certification                                                                                                                                                                                                 |
| 33(a)                             | Report                on assessment of compliance with servicing criteria for asset-backed                securities, LaSalle Bank National Association, as Master Servicer                                                            |
| 33(b)                             | Report                on assessment of compliance with servicing criteria for asset-backed                securities, Indymac Bank, F.S.B., as Servicer                                                                                     |
| 33(c)                             | Report                on assessment of compliance with servicing criteria for asset-backed                securities, Wilshire Credit Corporation, as Servicer                                                                              |
| 33(d)                             | Report                on assessment of compliance with servicing criteria for asset-backed                securities, LaSalle Bank National Association, as Securities Administrator                and Custodian                      |
| 33(e)                             | Report                on assessment of compliance with servicing criteria for asset-backed                securities, LandAmerica Tax and Flood Services, Inc., as Servicing                Function Participant                            |
| 33(f)                             | Report on              assessment of              compliance with servicing criteria for asset-backed securities, Newport              Management Corporation, as Servicing Function Participant                                            |
| 34(a)                             | Attestation                report on assessment of compliance with servicing criteria for                asset-backed securities, LaSalle Bank National Association, as Master                Servicer                                 |
| 34(b)                             | Attestation                report on assessment of compliance with servicing criteria for                asset-backed securities, Indymac Bank, F.S.B., as                Servicer                                                          |
| 34(c)                             | Attestation                report on assessment of compliance with servicing criteria for                asset-backed securities, Wilshire Credit Corporation, as                Servicer                                                   |
| 34(d)                             | Attestation                report on assessment of compliance with servicing criteria for                asset-backed securities, LaSalle Bank National Association, as Securities                Administrator and Custodian          |
| 34(e)                             | Attestation                report on assessment of compliance with servicing criteria for                asset-backed securities, LandAmerica Tax and Flood Services, Inc.,                as                Servicing Function Participant |
| 34(f)                             | Attestation              report on              assessment of compliance with servicing criteria for asset-backed              securities, Newport Management Corporation, as Servicing Function              Participant                   |
| 35(a)                             | Servicer                compliance statement, LaSalle Bank National Association, as Master                Servicer                                                                                                                     |
| 35(b)                             | Servicer                compliance statement, Indymac Bank, F.S.B, as Servicer                                                                                                                                                              |
| 35(c)                             | Servicer                compliance statement, Wilshire Credit Corporation, as                Servicer                                                                                                                                       |
| 35(d)                             | Servicer                compliance statement, LaSalle Bank National Association,                as Securities Administrator                                                                                                  |
| 99.1(a)                           | Newport                Management Corporation, Assessment of Compliance Schedule A - Part                1                                                                                                                                  |
| 99.1(b)                           | Newport              Management Corporation, Assessment of Compliance Schedule A - Part              2                                                                                                                                      |
| 99.1(c)                           | Newport                Management Corporation, Assessment of Compliance Schedule A - Part                3                                                                                                                                  |
| 99.1(d)                           | Newport                Management Corporation, Assessment of Compliance Schedule A -                Part 4                                                                                                                             |
| 99.1(e)                           | Newport                Management Corporation, Assessment of Compliance Schedule A - Part                5                                                                                                                                  |
| 99.1(f)                           | Newport                Management Corporation, Assessment of Compliance Schedule A - Part                6                                                                                                                                  |
| 99.1(g)                           | Newport                Management Corporation, Assessment of Compliance Schedule A - Part                7                                                                                                                                  |
| 99.1(h)                           | Newport                Management Corporation, Assessment of Compliance Schedule A - Part                8                                                                                                                                  |

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