**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 October 1, 2006 and for the period from October
      1,
      2006 through December 31, 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 excluding the criteria set forth in 17 CFR 229.1122(d) (1)(i)-(iv),
      (2)(i)-(vi), (3)(i)-(iv), and (4)(i)-(xv), 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 the asset-backed securities
      transactions backed by residential mortgages and home equity loans, auto loans,
      credit cards, dealer floor plans, retail installment contracts and manufactured
      housing contracts for which transactions the Asserting Party performs the
      applicable servicing criteria, 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 either (1) issued during the calendar
      year ending December 31, 2006 or (2) issued prior to the calendar year ending
      December 31, 2006 and remain subject to the reporting requirements under the
      Securities and Exchange Act of 1934, as amended (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 the Asserting Party has complied,
      in
      all material respects, with the Applicable Servicing Criteria as of December
      31,
      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, on our assessment of compliance with the Applicable
      Servicing Criteria
      as of December 31, 2006 and for the Reporting Period as set forth in this
      report.




JPMorgan
      Chase Bank, National Association










/s/
      Brian Goldman




Brian
      Goldman, Senior Vice President




Date:
      March 12, 2007









**Appendix
        A**
  BA
          Master
          Credit Card Trust II
 Capital
          Auto Receivables Asset Trust 2006-1
 Capital
          Auto Receivables Asset Trust 2006-2
 Capital
          One Auto Finance Trust 2006-A
 Capital
          One Auto Finance Trust 2006-B
 Capital
          One Auto Finance Trust 2006-C
 Capital
          One Prime Auto Receivables Trust 2006-2
 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
 Chase
          Mortgage Finance Trust Series 2006-S3
 Chase
          Mortgage Finance Trust Series 2006-S4
 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
 CWHEQ
          Revolving Home Equity Loan Trust, Series 2006-I
 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
 GE
          Equipment Midticket LLC, Series 2006-1
 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 Equity Loan Trust 2006-HE5
  
  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-CH1
 J.P.
          Morgan Mortgage Acquisition Trust 2006-CH2
 J.P.
          Morgan Mortgage Acquisition Trust 2006-CW1
 J.P.
          Morgan Mortgage Acquisition Trust 2006-HE2
 J.P.
          Morgan Mortgage Acquisition Trust 2006-HE3
 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
 J.P.
          Morgan Mortgage Acquisition Trust 2006-WMC4
 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
 Popular
          ABS Mortgage Pass-Through Trust 2006-E
 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