Exhibit 33.1**Management’s Report on Assessment of Compliance with Applicable ServicingCriteria**JPMorgan Chase Bank, National Association (the “Asserting Party”) is responsible for assessingcompliance as of December 31, 2006 and for the period from January 1, 2006 through December 31,2006 (the “Reporting Period”), with the servicing criteria set forth in Title 17, Section229.1122(d) of the Code of Federal Regulations (the “CFR”), excluding the inapplicable servicingcriteria as set forth in Exhibit A hereto (such criteria, after giving effect to the exclusionsidentified on Exhibit A, the “Applicable Servicing Criteria”). This report covers the asset-backedsecurities transactions backed by prime residential mortgages serviced on the Real Estate (“RE”)servicing system where the related asset-backed securities were outstanding during the ReportingPeriod (the “Platform”).The Asserting Party (i) has used the criteria set forth in 17 CFR 229.1122(d) to assess thecompliance by the Asserting Party with the Applicable Servicing Criteria for the Reporting Periodand (ii) has concluded that the Asserting Party has complied, in all material respects, with theApplicable Servicing Criteria as of December 31, 2006 and for the Reporting Period with respect tothe Platform, taken as a whole.PricewaterhouseCoopers LLP, an independent registered public accounting firm, has issued anattestation report for the Platform on our assessment of compliance with the Applicable ServicingCriteria as of December 31, 2006 and for the Reporting Period as set forth in this report.JPMorgan Chase Bank, National Association     Signed:Name: /s/ David Lowman David Lowman  Title: Executive Vice President  Date: 02/26/2007  
 

 
JPMCB — Prime**EXHIBIT A**             **INAPPLICABLE**  **SERVICING CRITERIA** **APPLICABLE** **SERVICING****Reference** **Criteria** **SERVICING CRITERIA** **CRITERIA**  **General Servicing Considerations**           1122(d)(1)(i) Policies and procedures areinstituted to monitor any performanceor other triggers and events ofdefault in accordance with thetransaction agreements. **X****1**         1122(d)(1)(ii) If any material servicing activitiesare outsourced to third parties,policies and procedures areinstituted to monitor the thirdparty’s performance and compliancewith such servicing activities. **X**         1122(d)(1)(iii) Any requirements in the transactionagreements to maintain a back-upservicer for the Pool Assets aremaintained.   **X**       1122(d)(1)(iv) A fidelity bond and errors andomissions policy is in effect on theparty participating in the servicingfunction throughout the reportingperiod in the amount of coveragerequired by and otherwise inaccordance with the terms of thetransaction agreements. **X**           **Cash Collection and Administration**           1122(d)(2)(i) Payments on pool assets are depositedinto the appropriate custodial bankaccounts and related bank clearingaccounts no more than two businessdays following receipt, or such othernumber of days specified in thetransaction agreements.   **X**       1122(d)(2)(ii) Disbursements made via wire transferon behalf of an obligor or to aninvestor are made only by authorizedpersonnel.   **X**       1122(d)(2)(iii) Advances of funds or guaranteesregarding collections, cash flows ordistributions, and any interest orother fees charged for such advances,are made, reviewed and approved asspecified in the transactionagreements.   **X**       1122(d)(2)(iv) The related accounts for thetransaction, such as cash reserveaccounts or accounts established as aform of over collateralization, areseparately maintained (e.g., withrespect to commingling of cash) asset forth in the transactionagreements.   **X**       1122(d)(2)(v)** Each custodial account is maintainedat a federally insured depositoryinstitution as set forth in thetransaction agreements. For purposesof this criterion, “federally insureddepository institution” with respectto a foreign financial institutionmeans a foreign financial institutionthat meets the requirements of Rule13k-1(b)(1) of the SecuritiesExchange Act.   **X**       1122(d)(2)(vi) Unissued checks are safeguarded so asto prevent unauthorized access.   **X** 1 The Asserting Party monitors events of default as obligated pursuant to the transaction agreements.
 

 
             **INAPPLICABLE**  **SERVICING CRITERIA** **APPLICABLE** **SERVICING****Reference** **Criteria** **SERVICING CRITERIA** **CRITERIA**1122(d)(2)(vii) Reconciliations are prepared on amonthly basis for all asset-backedsecurities related bank accounts,including custodial accounts andrelated bank clearing accounts. Thesereconciliations are (A)mathematically accurate; (B) preparedwithin 30 calendar days after thebank statement cutoff date, or suchother number of days specified in thetransaction agreements; (C) reviewedand approved by someone other thanthe person who prepared thereconciliation; and (D) containexplanations for reconciling items.These reconciling items are resolvedwithin 90 calendar days of theiroriginal identification, or suchother number of days specified in thetransaction agreements.   **X**         **Investor Remittances and Reporting**           1122(d)(3)(i) Reports to investors, including thoseto be filed with the Commission, aremaintained in accordance with thetransaction agreements and applicableCommission requirements.Specifically, such reports (A) areprepared in accordance withtimeframes and other terms set forthin the transaction agreements; (B)provide information calculated inaccordance with the terms specifiedin the transaction agreements; (C)are filed with the Commission asrequired by its rules andregulations; and (D) agree withinvestors’ or the trustee’s recordsas to the total unpaid principalbalance and number of Pool Assetsserviced by the Servicer.   **X**       1122(d)(3)(ii) Amounts due to investors areallocated and remitted in accordancewith timeframes, distributionpriority and other terms set forth inthe transaction agreements.   **X**       1122(d)(3)(iii) Disbursements made to an investor areposted within two business days tothe Servicer’s investor records, orsuch other number of days specifiedin the transaction agreements.   **X**       1122(d)(3)(iv) Amounts remitted to investors per theinvestor reports agree with cancelledchecks, or other form of payment, orcustodial bank statements.   **X**         **Pool Asset Administration**           1122(d)(4)(i) Collateral or security on pool assetsis maintained as required by thetransaction agreements or relatedpool asset documents. **X**         1122(d)(4)(ii) Pool assets and related documentsare safeguarded as required by thetransaction agreements **X**         1122(d)(4)(iii) Any additions, removals orsubstitutions to the asset pool aremade, reviewed and approved inaccordance with any conditions orrequirements in the transactionagreements. **X**         1122(d)(4)(iv) Payments on pool assets, includingany payoffs, made in accordance withthe related pool asset documents areposted to the Servicer’s obligorrecords maintained no more than twobusiness days after receipt, or suchother number of days specified in thetransaction agreements, and allocatedto principal, interest or other items(e.g., escrow) in accordance with therelated pool asset documents.   **X**
 

 
             **INAPPLICABLE**  **SERVICING CRITERIA** **APPLICABLE** **SERVICING****Reference** **Criteria** **SERVICING CRITERIA** **CRITERIA**1122(d)(4)(v) The Servicer’s records regarding thepool assets agree with the Servicer’srecords with respect to an obligor’sunpaid principal balance.   **X**       1122(d)(4)(vi) Changes with respect to the terms orstatus of an obligor’s pool assets(e.g., loan modifications orre-agings) are made, reviewed andapproved by authorized personnel inaccordance with the transactionagreements and related pool assetdocuments.   **X**       1122(d)(4)(vii) Loss mitigation or recovery actions(e.g., forbearance plans,modifications and deeds in lieu offoreclosure, foreclosures andrepossessions, as applicable) areinitiated, conducted and concluded inaccordance with the timeframes orother requirements established by thetransaction agreements.   **X**       1122(d)(4)(viii) Records documenting collectionefforts are maintained during theperiod a pool asset is delinquent inaccordance with the transactionagreements. Such records aremaintained on at least a monthlybasis, or such other period specifiedin the transaction agreements, anddescribe the entity’s activities inmonitoring delinquent pool assetsincluding, for example, phone calls,letters and payment reschedulingplans in cases where delinquency isdeemed temporary (e.g., illness orunemployment).   **X**       1122(d)(4)(ix) Adjustments to interest rates orrates of return for pool assets withvariable rates are computed based onthe related pool asset documents.   **X**       1122(d)(4)(x) Regarding any funds held in trust foran obligor (such as escrow accounts): (A) such funds are analyzed, inaccordance with the obligor’s poolasset documents, on at least anannual basis, or such other periodspecified in the transactionagreements; (B) interest on suchfunds is paid, or credited, toobligors in accordance withapplicable pool asset documents andstate laws; and (C) such funds arereturned to the obligor within 30calendar days of full repayment ofthe related pool assets, or suchother number of days specified in thetransaction agreements.   **X**       1122(d)(4)(xi) Payments made on behalf of an obligor(such as tax or insurance payments)are made on or before the relatedpenalty or expiration dates, asindicated on the appropriate bills ornotices for such payments, providedthat such support has been receivedby the servicer at least 30 calendardays prior to these dates, or suchother number of days specified in thetransaction agreements.   **X**       1122(d)(4)(xii) Any late payment penalties inconnection with any payment to bemade on behalf of an obligor are paidfrom the Servicer’s funds and notcharged to the obligor, unless thelate payment was due to the obligor’serror or omission.   **X**
 

 
             **INAPPLICABLE**  **SERVICING CRITERIA** **APPLICABLE** **SERVICING****Reference** **Criteria** **SERVICING CRITERIA** **CRITERIA**1122(d)(4)(xiii) Disbursements made on behalf of anobligor are posted within twobusiness days to the obligor’srecords maintained by the servicer,or such other number of daysspecified in the transactionagreements.   **X**       1122(d)(4)(xiv) Delinquencies, charge-offs anduncollectible accounts are recognizedand recorded in accordance with thetransaction agreements.   **X**       1122(d)(4)(xv) Any external enhancement or othersupport, identified in Item1114(a)(1) through (3) or Item 1115of Regulation AB, is maintained asset forth in the transactionagreements.   **X**