KPMG
                    LLPSuite
                    2000355
                    South Grand AvenueLos
                    Angeles, CA 90071-1568










**Report
      of Independent Registered Public Accounting Firm**




The
      Board
      of Directors




Balboa
      Insurance Company:




We
      have
      examined management’s assessment, included in the accompanying Assessment of
      Compliance with Applicable Servicing Criteria, that Balboa Insurance Company,
      including its wholly owned subsidiaries, Meritplan Insurance Company and Newport
      Management Corporation (collectively the Company) complied with the
      servicing criteria set forth in Item 1122(d) of the Securities and Exchange
      Commission’s Regulation AB for pools of loans, underlying publicly issued
      residential mortgage-backed securities that were issued on or after
      January 1, 2006 by Saxon Mortgage Services, Inc., on which escrow payments
      were disbursed from January 1, 2006 to September 1, 2006 (the
      Platform), specifically Item 1122(d)(4)(xi), only as it relates to:
      (1) processing the obligor’s hazard insurance information the Company
      receives; (2) providing Saxon Mortgage Services, Inc. with the applicable
      hazard insurance effective date, payment amount, and payee (collectively,
      Insurance Information); (3) providing the Insurance Information to Saxon
      Mortgage Services, Inc. no later than 5 days prior to the applicable
      expiration date as indicated in the Insurance Information; and
      (4) disbursing escrowed insurance payments to insurance carriers on or
      before the applicable expiration date, as of and for the period from
      January 1, 2006 to September 1, 2006. The Company has determined that
      no other servicing criteria are applicable to the activities it performs with
      respect to the Platform. Schedule A to the Assessment of Compliance with
      Applicable Servicing Criteria lists the individual loans identified by
      management as constituting the Platform. 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 transactions and securities that
      comprise the Platform, testing of less than all of the servicing activities
      related to the Platform, 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.








KPGM
      LLP,
      a U.S. limited liability partnership, is the U.S.


member
      firm of KPMG International, a Swiss cooperative.













In
      our
      opinion, management’s assessment that the Company complied with the
      aforementioned servicing criterion as of and for the period from January 1,
      2006 to September 1, 2006 is fairly stated, in all material
      respects.






Los
      Angeles, California




/s/
      KPMG
      LLP




February 28,
      2007