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 for the fiscal year ended December 31, 2006
                                       OR
[ ]     TRANSITION REPORT  PURSUANT TO  SECTION  13 OR 15(d) OF  THE  SECURITIES
        EXCHANGE ACT OF 1934 for the transition period from           to


                      Commission File Number: 333-132809-18

                         GSAA Home Equity Trust 2006-12
           (Exact name of Issuing Entity as specified in its charter)

                          GS Mortgage Securities Corp.
             (Exact name of Depositor as specified in its charter)

                         Goldman Sachs Mortgage Company
              (Exact name of Sponsor as specified in its charter)

                                                51-0596262, 51-0596257,
         Delaware                               51-0596266, 51-0596260
(State or other jurisdiction of            (I.R.S. Employer Identification No.
incorporation or organization                     of issuing entity)
     of issuing entity)

85 Broad Street, New York, New York                            10004
(Address of principal executive offices                     (Zip Code
      of issuing entity)                                 of issuing entity)

     Telephone number, including area code of issuing entity: (212) 902-1000

Securities registered pursuant to Section 12(b) of the Act: None

Securities registered pursuant to Section 12(g) of the Act: None

Indicate by check mark if the registrant is a well-known seasoned issuer, as
defined in Rule 405 of the Securities Act.  Yes [ ]  No [X]

Indicate by check mark if the registrant is not required to file reports
pursuant to Section 13 or Section 15(d) of the Act.  Yes [  ]   No [X]

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days. Yes [X] No [ ]

Indicate by check mark if disclosure of delinquent  filers  pursuant to Item 405
of Regulation  S-K (229.405 of this chapter) is not contained  herein,  and will
not be contained,  to the best of registrant's knowledge, in definitive proxy or
information  statements  incorporated by reference in Part III of this Form 10-K
or any amendment to this Form 10-K.  Not Applicable.

Indicate by check mark whether the registrant is a large  accelerated  filer, an
accelerated  filer, or a  non-accelerated  filer. See definition of "accelerated
filer and large accelerated filer" in Rule 12-b-2 of the Exchange Act.

Large accelerated filer [ ]   Accelerated filer [ ]   Non-accelerated filer [X]

Indicate by check mark whether the  registrant is a shell company (as defined in
Rule 12b-2 of the Act).    Yes  No [X]

State the aggregate market value of the voting and non-voting common equity held
by non-affiliates  computed by reference to the price at which the common equity
was last sold, or the average bid and asked price of such common  equity,  as of
the last business day of the registrant's most recently  completed second fiscal
quarter.   Not Applicable.

Indicate the number of shares outstanding of each of the registrant's classes of
common stock, as of the latest practicable date.  Not Applicable.

                      DOCUMENTS INCORPORATED BY REFERENCE

List hereunder the following documents if incorporated by reference and the part
of the Form 10-K  (e.g.,  Part I, Part II,  etc.)  into  which the  document  is
incorporated:  (1)  Any  annual  report  to  security  holders;  (2)  Any  proxy
information statement;  and, (3) Any prospectus filed pursuant to Rule 424(b) or
(c) under the  Securities Act of 1933.  The listed  documents  should be clearly
described for identification  purposes (e.g.,  annual report to security holders
for fiscal year ended date December 24, 1980).    Not Applicable.


<PAGE>

                                     PART I

Item 1.  Business.

         Not Applicable.

Item 1A. Risk Factors.

         Not Applicable.

Item 1B. Unresolved Staff Comments.

         None.

Item 2.  Properties.

         Not Applicable.

Item 3.  Legal Proceedings.

         Not Applicable.

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

         Not Applicable.

                                    PART II

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

         Not Applicable.

Item 6.  Selected Financial Data.

         Not Applicable.

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

         Not Applicable.

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

         Not Applicable.

Item 8.  Financial Statements and Supplementary Data.

         Not Applicable.

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

         Not Applicable.

Item 9A. Controls and Procedures.

         Not Applicable.

Item 9A(T). Controls and Procedures.

         Not Applicable.

Item 9B. Other Information.

         None.


<PAGE>

                                    PART III

Item 10. Directors, Executive Officers and Corporate Governance.

         Not Applicable.

Item 11. Executive Compensation.

         Not Applicable.

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

         Not Applicable.

Item 13. Certain Relationships and Related Transactions, and Director
         Independence.

         Not Applicable.

Item 14. Principal Accounting Fees and Services.

         Not Applicable.


                  ADDITIONAL DISCLOSURE ITEMS FOR REGULATION AB

Item 1112(b) of Regulation AB:  Significant Obligor Financial Information

     No single  obligor  represents  10% or more of the pool  assets held by the
issuing entity.


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

        None.

Item 1117 of Regulation AB:  Legal Proceedings

        None.

Item 1119 of Regulation AB:   Affiliations and Certain Relationships
                              and Related Transactions

     Provided previously in the prospectus supplement of the Registrant relating
to the issuing  entity and filed  pursuant to Rule 424 of the  Securities Act of
1933, as amended.

Item 1122 of Regulation AB:   Compliance with Applicable Servicing Criteria

(a) See Exhibits 33 and 34.

(b) Material instances of noncompliance:

PHH Mortgage Corporation has assessed its compliance with the servicing criteria
as of December 31, 2006 and for the Reporting  Period and has concluded that PHH
Mortgage Corporation has complied, in all material respects,  with the Servicing
Criteria  with respect to the Platform  taken as a whole except for as discussed
below:

     1122(d)(1)(i)  PHH Mortgage  Corporation  has not  instituted  policies and
procedures to  specifically  monitor  performance or other triggers or events of
default stated in the transaction agreements.

     1122(d)(1)(iv)  During  the  months of July,  August,  and  September,  the
Company's minimum coverage  requirement  exceeded its $160 million fidelity bond
by amounts ranging up to  approximately  $1.3 million.  Effective  September 27,
2006, PHH Mortgage Corporation's fidelity bond was increased to $170 million.

     1122(d)(3)(i)(A)  PHH Mortgage  Corporation did not maintain or provide one
of the required monthly reports stated in the transaction  agreements during the
year.

     1122(d)(3)(i)(D)  PHH Mortgage  Corporation  did not perform  procedures to
agree the  unpaid  principal  balance  and number of loans  serviced  by the PHH
Mortgage Corporation with that of the investor or trustees.

During the Reporting Period, the JPMorgan Chase, National Association, as Master
Servicer and Securities  Administrator,  has  identified the following  material
instances of noncompliance with 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.

GreenPoint  Mortgage  Funding,  Inc. has identified the following  noncompliance
with  servicing  criteria   1122(d)(1)(i),   1122(d)(2)(iv)  and  1122(d)(3)(ii)
applicable to the Platform during the year ended December 31, 2006, as follows:

     1122(d)(1)(i)  GreenPoint Mortgage Funding, Inc. did not institute policies
and  procedures to monitor  performance or other triggers and events of defaults
in accordance with the transaction agreements.

     1122(d)(2)(iv) GreenPoint Mortgage Funding, Inc. did not establish separate
P&I and T&I  accounts  for certain  securitizations  which  allowed  funds to be
commingled in various custodial accounts.

     1122(d)(3)(ii)  In certain  situations where GreenPoint  Mortgage  Funding,
Inc. has received  mortgage  insurance  proceeds prior to the liquidation of the
related  properties,  the mortgage  insurance  proceeds were not remitted at the
time  of the  next  regularly  scheduled  remittance  date  as  required  by the
transaction  agreements,  but instead remained in the related  custodial account
and were  remitted at the time the REO  liquidation  proceeds  were  remitted to
the Master Servicer.

National City Mortgage Co. has assessed compliance with the Applicable Servicing
Criteria for the Reporting Period and has concluded that it has complied, in all
material respects,  with the Applicable  Servicing Criteria during the Reporting
Period with respect to the Platform taken as a whole, except as noted below:

     There were 29 possible  instances  where National City Mortgage Co. did not
prepare  default loan data reports for the master servicer within the timeframes
set forth in the transaction agreements as required in section 1122(d)(3)(i)(A).
All other loan level reports were completed as required.


Item 1123 of Regulation AB, Servicer Compliance Statement

        See Exhibits 35.

<page>

                                    PART IV


Item 15. Exhibits, Financial Statement Schedules.

(a) The following documents are filed as part of this report:

    (1)  Not Applicable.

    (2)  Not Applicable.

    (3)  The following documents are included as part of, or incorporated by
         reference to, this annual report:

    Exhibit No.

     4.1 Master Servicing and Trust  Agreement,  dated as of July 1, 2006, among
GS Mortgage Securities Corp., as depositor,  U.S. Bank National Association,  as
trustee, Wells Fargo Bank, National Association and Deutsche Bank National Trust
Company,  each as a custodian and JPMorgan Chase Bank, National  Assocation,  as
master servicer and securities  administrator (Filed as Exhibit 99.1 to Form 8-K
on August 11, 2006, and incorporated by reference herein.)

     10.1 Interest Rate Swap  Agreement,  dated July 20, 2006,  between  Goldman
Sachs  Mortgage  Company and Goldman  Sachs Mitsui Marine  Derivative  Products,
L.P.,  with  Schedule and  Confirmation  thereto  (Filed as Exhibit 99.2 to Form
8-K/A on December 20, 2006, and incorporated by reference herein.)

     10.2 Primary Mortgage  Insurance Policy,  dated as of July 28, 2006, issued
in the name of U.S. Bank National Association, as trustee, on behalf of the GSAA
Home Equity Trust 2006-12 (Filed as Exhibit 99.3 to Form 8-K on August 11, 2006,
and incorporated by reference herein.)

     10.3 Assignment, Assumption and Recognition Agreement, dated as of July 28,
2006,  among Goldman  Sachs  Mortgage  Company,  GS Mortgage  Securities  Corp.,
Countrywide  Home Loans,  Inc. and Countrywide Home Loans Servicing LP (Filed as
Exhibit  99.4 to Form 8-K on August 11,  2006,  and  incorporated  by  reference
herein.)

     10.4 Assignment, Assumption and Recognition Agreement, dated as of July 28,
2006,  among GS Mortgage  Securities  Corp.,  U.S.  Bank  National  Association,
Countrywide Home Loans,  Inc.,  Countrywide Home Loans Servicing LP and JPMorgan
Chase Bank,  National  Association  (Filed as Exhibit 99.5 to Form 8-K on August
11, 2006, and incorporated by reference herein.)

     10.5 Assignment, Assumption and Recognition Agreement, dated as of July 28,
2006,  among Goldman  Sachs  Mortgage  Company,  GS Mortgage  Securities  Corp.,
Bishop's Gate Residential  Mortgage Trust and PHH Mortgage Corporation (Filed as
Exhibit  99.6 to Form 8-K on August 11,  2006,  and  incorporated  by  reference
herein.)

     10.6 Assignment, Assumption and Recognition Agreement, dated as of July 28,
2006,  among GS Mortgage  Securities  Corp.,  U.S.  Bank  National  Association,
Bishop's Gate Residential  Mortgage Trust, PHH Mortgage Corporation and JPMorgan
Chase Bank,  National  Association  (Filed as Exhibit 99.7 to Form 8-K on August
11, 2006, and incorporated by reference herein.)

     10.7 Assignment, Assumption and Recognition Agreement, dated as of July 28,
2006,  among Goldman Sachs Mortgage  Company,  GS Mortgage  Securities Corp. and
Greenpoint  Mortgage Funding,  Inc. (Filed as Exhibit 99.8 to Form 8-K on August
11, 2006, and incorporated by reference herein.)

     10.8 Assignment, Assumption and Recognition Agreement, dated as of July 28,
2006,  among GS Mortgage  Securities  Corp.,  U.S.  Bank  National  Association,
Greenpoint Mortgage Funding,  Inc. and JPMorgan Chase Bank, National Association
(Filed as  Exhibit  99.9 to Form 8-K on August 11,  2006,  and  incorporated  by
reference herein.)

     10.9 Assignment, Assumption and Recognition Agreement, dated as of July 28,
2006,  among Goldman Sachs Mortgage  Company,  GS Mortgage  Securities Corp. and
Wells Fargo Bank,  National  Association  (Filed as Exhibit 99.10 to Form 8-K on
August 11, 2006, and incorporated by reference herein.)

     10.10 Assignment,  Assumption and Recognition  Agreement,  dated as of July
28, 2006, among GS Mortgage  Securities Corp.,  U.S. Bank National  Association,
Wells  Fargo Bank,  National  Association  and  JPMorgan  Chase  Bank,  National
Association  (Filed  as  Exhibit  99.11  to Form 8-K on  August  11,  2006,  and
incorporated by reference herein.)

     10.11 Assignment,  Assumption and Recognition  Agreement,  dated as of July
28, 2006, among Goldman Sachs Mortgage Company, GS Mortgage Securities Corp. and
National  City  Mortgage Co.  (Filed as Exhibit  99.12 to Form 8-K on August 11,
2006, and incorporated by reference herein.)

     10.12 Assignment,  Assumption and Recognition  Agreement,  dated as of July
28, 2006, among GS Mortgage  Securities Corp.,  U.S. Bank National  Association,
National City Mortgage Co. and JPMorgan Chase Bank, National  Association (Filed
as Exhibit 99.13 to Form 8-K on August 11, 2006, and  incorporated  by reference
herein.)

     31.1 Rule 13a-14(d)/15d-14(d) Certification

     33.1 Report on Assessment of Compliance  with  Servicing  Criteria for Year
End December 31, 2006 of The Bank of New York Trust Company, N.A., as Securities
Administrator

     33.2 Report on Assessment of Compliance  with  Servicing  Criteria for Year
End December 31, 2006 of JPMorgan Chase Bank, N.A., as Securities Administrator

     33.3 Report on Assessment of Compliance  with  Servicing  Criteria for Year
End December 31, 2006 of Deutsche Bank National Trust Company, as Custodian

     33.4 Report on Assessment of Compliance  with  Servicing  Criteria for Year
End December 31, 2006 of Wells Fargo Bank, N.A., as Custodian

     33.5 Report on Assessment of Compliance  with  Servicing  Criteria for Year
End December 31, 2006 of JPMorgan Chase Bank, N.A., as Master Servicer

     33.6 Report on Assessment of Compliance  with  Servicing  Criteria for Year
End December 31, 2006 of Countrywide Home Loans Servicing LP, as Servicer

     33.7 Report on Assessment of Compliance  with  Servicing  Criteria for Year
End December 31, 2006 of GreenPoint Mortgage Funding, Inc., as Servicer

     33.8 Report on Assessment of Compliance  with Servicing  Criteria for Year
End December 31, 2006 of National City Mortgage Co., as Servicer

     33.9 Report on Assessment of Compliance  with Servicing  Criteria for Year
End  December  31,  2006 of Regulus  Group,  LLC,  as Vendor for  National  City
Mortgage Co.

     33.10 Report on Assessment of Compliance  with Servicing  Criteria for Year
End December 31, 2006 of PHH Mortgage Corporation, as Servicer

     34.1 Attestation  Report of Independent  Registered  Public Accounting Firm
for The Bank of New York Trust Company, N.A.

     34.2 Attestation  Report of Independent  Registered  Public Accounting Firm
for JPMorgan Chase Bank, N.A.

     34.3 Attestation  Report of Independent  Registered  Public Accounting Firm
for Deutsche Bank National Trust Co., as Custodian

     34.4 Attestation  Report of Independent  Registered  Public Accounting Firm
for Wells Fargo Bank, N.A., as Custodian

     34.5 Attestation  Report of Independent  Registered  Public Accounting Firm
for JPMorgan Chase Bank, N.A., as Master Servicer

     34.6 Attestation  Report of Independent  Registered  Public Accounting Firm
for Countrywide Home Loans Servicing LP, as Servicer

     34.7 Attestation  Report of Independent  Registered  Public Accounting Firm
for GreenPoint Mortgage Funding, Inc., as Servicer

     34.8 Attestation  Report of Independent  Registered Public Accounting Firm
for National City Mortgage Co., as Servicer

     34.9 Attestation  Report of Independent  Registered Public Accounting Firm
for Regulus Group, LLC, as Vendor for National City Mortgage Co.

     34.10 Attestation  Report of Independent  Registered Public Accounting Firm
for PHH Mortgage Corporation, as Servicer

     35.1 Servicer Compliance Statement for JPMorgan Chase Bank, N.A., as Master
Servicer

     35.2 Servicer Compliance Statement for Countrywide Home Loans Servicing LP,
as Servicer

     35.3 Servicer Compliance  Statement for GreenPoint Mortgage Funding,  Inc.,
as Servicer

     35.4  Servicer  Compliance  Statement  for National  City  Mortgage Co., as
Servicer

     35.5  Servicer  Compliance  Statement  for  PHH  Mortgage  Corporation,  as
Servicer


(b) See (a) above.

(c) Not Applicable


<PAGE>




SIGNATURES

Pursuant to the  requirements of Section 13 or 15(d) of the Securities  Exchange
Act of 1934,  the  registrant  has duly  caused  this report to be signed on its
behalf by the undersigned thereunto duly authorized.


                                    GSAA Home Equity Trust 2006-12

                             By:    GS Mortgage Securities Corp., as Depositor

                             By:      /s/ Michelle Gill
                                     ---------------------------------------
                             Name:  Michelle Gill
                             Title: Vice President
                                    GS Mortgage Securities Corp.

                             Date:  April 2, 2007



<page>

                                 EXHIBIT INDEX
Exhibit No.


4.1  Master  Servicing and Trust  Agreement,  dated as of July 1, 2006, among GS
     Mortgage Securities Corp., as depositor, U.S. Bank National Association, as
     trustee,  Wells Fargo Bank, National Association and Deutsche Bank National
     Trust  Company,  each as a custodian  and  JPMorgan  Chase  Bank,  National
     Association,  as master  servicer and  securities  administrator  (Filed as
     Exhibit 99.1 to Form 8-K on August 11, 2006, and  incorporated by reference
     herein.)

10.1 Interest Rate Swap  Agreement,  dated July 20, 2006,  between Goldman Sachs
     Mortgage Company and Goldman Sachs Mitsui Marine Derivative Products, L.P.,
     with Schedule and Confirmation thereto (Filed as Exhibit 99.2 to Form 8-K/A
     on December 20, 2006, and incorporated by reference herein.)

10.2 Primary Mortgage Insurance Policy, dated as of July 28, 2006, issued in the
     name of U.S. Bank National  Association,  as trustee, on behalf of the GSAA
     Home Equity Trust 2006-12  (Filed as Exhibit 99.3 to Form 8-K on August 11,
     2006, and incorporated by reference herein.)

10.3 Assignment,  Assumption  and  Recognition  Agreement,  dated as of July 28,
     2006, among Goldman Sachs Mortgage Company,  GS Mortgage  Securities Corp.,
     Countrywide Home Loans, Inc. and Countrywide Home Loans Servicing LP (Filed
     as  Exhibit  99.4 to Form 8-K on  August  11,  2006,  and  incorporated  by
     reference herein.)

10.4 Assignment,  Assumption  and  Recognition  Agreement,  dated as of July 28,
     2006, among GS Mortgage  Securities Corp., U.S. Bank National  Association,
     Countrywide  Home Loans,  Inc.,  Countrywide  Home Loans  Servicing  LP and
     JPMorgan Chase Bank,  National  Association  (Filed as Exhibit 99.5 to Form
     8-K on August 11, 2006, and incorporated by reference herein.)

10.5 Assignment,  Assumption  and  Recognition  Agreement,  dated as of July 28,
     2006, among Goldman Sachs Mortgage Company,  GS Mortgage  Securities Corp.,
     Bishop's  Gate  Residential  Mortgage  Trust and PHH  Mortgage  Corporation
     (Filed as Exhibit 99.6 to Form 8-K on August 11, 2006, and  incorporated by
     reference herein.)

10.6 Assignment,  Assumption  and  Recognition  Agreement,  dated as of July 28,
     2006, among GS Mortgage  Securities Corp., U.S. Bank National  Association,
     Bishop's Gate  Residential  Mortgage  Trust,  PHH Mortgage  Corporation and
     JPMorgan Chase Bank,  National  Association  (Filed as Exhibit 99.7 to Form
     8-K on August 11, 2006, and incorporated by reference herein.)

10.7 Assignment,  Assumption  and  Recognition  Agreement,  dated as of July 28,
     2006, among Goldman Sachs Mortgage  Company,  GS Mortgage  Securities Corp.
     and Greenpoint Mortgage Funding, Inc. (Filed as Exhibit 99.8 to Form 8-K on
     August 11, 2006, and incorporated by reference herein.)

10.8 Assignment,  Assumption  and  Recognition  Agreement,  dated as of July 28,
     2006, among GS Mortgage  Securities Corp., U.S. Bank National  Association,
     Greenpoint  Mortgage  Funding,  Inc.  and  JPMorgan  Chase  Bank,  National
     Association  (Filed as  Exhibit  99.9 to Form 8-K on August 11,  2006,  and
     incorporated by reference herein.)

10.9 Assignment,  Assumption  and  Recognition  Agreement,  dated as of July 28,
     2006, among Goldman Sachs Mortgage  Company,  GS Mortgage  Securities Corp.
     and Wells Fargo Bank, National  Association (Filed as Exhibit 99.10 to Form
     8-K on August 11, 2006, and incorporated by reference herein.)

10.10 Assignment,  Assumption and  Recognition  Agreement,  dated as of July 28,
     2006, among GS Mortgage  Securities Corp., U.S. Bank National  Association,
     Wells Fargo Bank,  National  Association and JPMorgan Chase Bank,  National
     Association  (Filed as Exhibit  99.11 to Form 8-K on August 11,  2006,  and
     incorporated by reference herein.)

10.11 Assignment,  Assumption and  Recognition  Agreement,  dated as of July 28,
     2006, among Goldman Sachs Mortgage  Company,  GS Mortgage  Securities Corp.
     and  National  City  Mortgage  Co.  (Filed as Exhibit  99.12 to Form 8-K on
     August 11, 2006, and incorporated by reference herein.)

10.12 Assignment,  Assumption and  Recognition  Agreement,  dated as of July 28,
     2006, among GS Mortgage  Securities Corp., U.S. Bank National  Association,
     National City Mortgage Co. and JPMorgan  Chase Bank,  National  Association
     (Filed as Exhibit 99.13 to Form 8-K on August 11, 2006, and incorporated by
     reference herein.)

31.1 Rule 13a-14(d)/15d-14(d) Certification

33.1 Report on  Assessment of Compliance  with  Servicing  Criteria for Year End
     December  31,  2006  of The  Bank  of New  York  Trust  Company,  N.A.,  as
     Securities Administrator

33.2 Report on  Assessment of Compliance  with  Servicing  Criteria for Year End
     December 31, 2006 of JPMorgan Chase Bank, N.A., as Securities Administrator

33.3 Report on  Assessment of Compliance  with  Servicing  Criteria for Year End
     December 31, 2006 of Deutsche Bank National Trust Company, as Custodian

33.4 Report on  Assessment of Compliance  with  Servicing  Criteria for Year End
     December 31, 2006 of Wells Fargo Bank, N.A., as Custodian

33.5 Report on  Assessment of Compliance  with  Servicing  Criteria for Year End
     December 31, 2006 of JPMorgan Chase Bank, N.A., as Master Servicer

33.6 Report on  Assessment of Compliance  with  Servicing  Criteria for Year End
     December 31, 2006 of Countrywide Home Loans Servicing LP, as Servicer

33.7 Report on  Assessment of Compliance  with  Servicing  Criteria for Year End
     December 31, 2006 of GreenPoint Mortgage Funding, Inc., as Servicer

33.8 Report on Assessment of Compliance  with  Servicing  Criteria for Year End
     December 31, 2006 of National City Mortgage Co., as Servicer

33.9 Report on Assessment of Compliance  with  Servicing  Criteria for Year End
     December  31,  2006 of Regulus  Group,  LLC,  as Vendor for  National  City
     Mortgage Co.

33.10 Report on Assessment of Compliance  with  Servicing  Criteria for Year End
     December 31, 2006 of PHH Mortgage Corporation, as Servicer

34.1 Attestation Report of Independent Registered Public Accounting Firm for The
     Bank of New York Trust Company, N.A.

34.2 Attestation  Report of Independent  Registered  Public  Accounting Firm for
     JPMorgan Chase Bank, N.A.

34.3 Attestation  Report of Independent  Registered  Public  Accounting Firm for
     Deutsche Bank National Trust Co., as Custodian

34.4 Attestation  Report of Independent  Registered  Public  Accounting Firm for
     Wells Fargo Bank, N.A., as Custodian

34.5 Attestation  Report of Independent  Registered  Public  Accounting Firm for
     JPMorgan Chase Bank, N.A., as Master Servicer

34.6 Attestation  Report of Independent  Registered  Public  Accounting Firm for
     Countrywide Home Loans Servicing LP, as Servicer

34.7 Attestation  Report of Independent  Registered  Public  Accounting Firm for
     GreenPoint Mortgage Funding, Inc., as Servicer

34.8 Attestation  Report of Independent  Registered  Public Accounting Firm for
     National City Mortgage Co., as Servicer

34.9 Attestation  Report of Independent  Registered  Public Accounting Firm for
     Regulus Group, LLC, as Vendor for National City Mortgage Co.

34.10 Attestation  Report of Independent  Registered  Public Accounting Firm for
     PHH Mortgage Corporation, as Servicer

35.1 Servicer  Compliance  Statement  for JPMorgan  Chase Bank,  N.A., as Master
     Servicer

35.2 Servicer  Compliance  Statement for Countrywide Home Loans Servicing LP, as
     Servicer

35.3 Servicer  Compliance  Statement for GreenPoint  Mortgage Funding,  Inc., as
     Servicer

35.4 Servicer Compliance Statement for National City Mortgage Co., as Servicer

35.5 Servicer Compliance Statement for PHH Mortgage Corporation, as Servicer

<Page>


                                                                         EX-31.1

                     Rule 13a-14(d)/15d-14(d) Certification

     I, Michelle Gill, certify that:

1.   I have  reviewed  this  report  on Form 10-K and all  reports  on Form 10-D
     required  to be filed in respect of the  period  covered by this  report on
     Form 10-K of GSAA Home Equity Trust 2006-12 (the  "Exchange  Act  periodic
     reports");

2.   Based on my knowledge, the Exchange Act periodic reports, taken as a whole,
     do not contain any untrue  statement of a material  fact or omit to state a
     material  fact  necessary  to make  the  statements  made,  in light of the
     circumstances  under which such  statements  were made, not misleading with
     respect to the period covered by this report;

3.   Based  on my  knowledge,  all  of the  distribution,  servicing  and  other
     information  required to be provided under Form 10-D for the period covered
     by this report is included in the Exchange Act periodic reports;

4.   Based on my knowledge  and the servicer  compliance  statements required in
     this report  under Item 1123 of  Regulation  AB, and except as disclosed in
     the  Exchange  Act  periodic  reports,   the  Servicer  has  fulfilled  its
     obligations  under the Master Servicing and Trust Agreement in all material
     respects;

5.   All of the reports on assessment of compliance with servicing  criteria for
     asset-backed securities and their related attestation reports on assessment
     of compliance with servicing criteria for asset-backed  securities required
     to be included in this report in accordance with Item 1122 of Regulation AB
     and Exchange  Act Rules 13a-18 and 15d-18 have been  included as an exhibit
     to this report,  except as otherwise disclosed in this report. Any material
     instances of noncompliance described in such reports have been disclosed in
     this report on Form 10-K.

     In  giving  the  certifications  above,  I have  reasonably  relied  on the
information provided to me by the following unaffiliated parties: JPMorgan Chase
Bank, N.A., as Securities  Administrator  and Master Servicer,  Countrywide Home
Loans Servicing LP, PHH Mortgage Corporation,  GreenPoint Mortgage Funding, Inc.
and National City Mortgage Co., as Servicers and Regulus  Group,  LLC, as Vendor
for National City Mortgage Co.


By:     /s/ Michelle Gill
       -------------------------------------
Name:  Michelle Gill
Title: Vice President
       GS Mortgage Securities Corp.
Date:  April 2, 2007


<page>

                                                                         EX-33.1

           ASSERTION OF COMPLIANCE WITH APPLICABLE SERVICING CRITERIA

The Bank of New York and The Bank of New York Trust Company, N.A. (collectively,
the "Company")  provides this  platform-level  assessment of compliance with the
servicing criteria specified in Item 1122(d) of Regulation AB promulgated by the
Securities and Exchange Commission.

Management has determined that the following  servicing  criteria are applicable
in regards to the following servicing platform for the following period:

Platform:  Publicly-issued (i.e., transaction-level reporting initially required
under  the   Securities   Exchange   Act  of  1934,   as  amended)   residential
mortgage-backed  securities and other mortgage-related  asset-backed  securities
issued on or after January 1, 2006 (and like-kind  transactions  issued prior to
January  1,  2006)  for  which  the   Company   provides   trustee,   securities
administration,  paying agent or custodial services.  The platform includes like
kind   transactions   for  which  the  Company  provided   trustee,   securities
administrator,  paying agent or custodial  services as a result of the Company's
acquisition  as of October 1, 2006 of portions of  JPMorgan  Chase Bank,  N.A.'s
corporate  trust  business,   including  structured  finance  agency  and  trust
transactions.

Applicable Servicing Criteria: All servicing criteria set forth in Item 1122(d),
to  the  extent  required  by  the  related  transaction  agreements  as to  any
transaction,  except for the following criteria:  1122 (d) (1)(ii), (iii), (iv),
(4) (iv), (v), (vi), (vii), (viii), (ix), (x), (xi), (xii) and (xiii).

Period: Twelve months ended December 31, 2006.

With respect to the Platform and the Period,  the Company provides the following
assessment of compliance in respect of the Applicable Servicing Criteria:

- The Company is responsible  for assessing its  compliance  with the Applicable
Servicing Criteria.

- The  Company has assessed  compliance with the  Applicable Servicing Criteria.

- As of  December  31,  2006 and for the  Period,  the  Company  was in material
compliance with the Applicable Servicing Criteria.


Ernst & Young LLP, an independent  registered public accounting firm, has issued
an  attestation  report with respect to the  Company's  foregoing  assessment of
compliance.


        The Bank of New York                    The Bank of New York
        The Bank of New York Trust              The Bank of New York Trust
            Company, N.A.                           Company, N.A.

        By: /s/ Robert L. Griffin               By: /s/ Patrick J. Tadie
            ----------------------                  ----------------------
            Robert L. Griffin                       Patrick J. Tadie
            Authorized Signer                       Authorized Signer


March 1, 2007

<page>

                                                                         EX-33.2

                                 JPMorgan Chase

              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 with 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.
--------------------------------------------------------------------------------
<page>

                                 JPMorgan Chase

              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
               placeCityNewcastle 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
--------------------------------------------------------------------------------

<page>

                                                                         EX-33.3

                                                                     Appendix I

                      MANAGEMENT'S ASSERTION OF COMPLIANCE

Management  of the Trust &  Securities  Services  department  of  Deutsche  Bank
National  Trust Company and Deutsche Bank Trust Company  Americas  (collectively
the  "Company")  is  responsible  for  assessing  compliance  with the servicing
criteria  set  forth  in  Item  1122(d)  of  Regulation  AB  promulgated  by the
Securities and Exchange Commission. Management has determined that the servicing
criteria are  applicable in regard to the  servicing  platform for the period as
follows:

Platform:  Publicly-issued (i.e., transaction-level reporting required under the
Securities  Exchange  Act  of  1934,  as  amended)  residential  mortgage-backed
securities and other asset-backed  securities issued on or after January 1, 2006
for which the Company  provides  trustee,  securities  administration  or paying
agent services,  excluding any publicly issued transactions  sponsored or issued
by any government sponsored entity (the "Platform").

Applicable  Servicing  Criteria:  All servicing criteria set forth Item 1122(d),
except   for   the   following   criteria:   1122(d)(2)(iii),    1122(d)(4)(iv),
1122(d)(4)(v), 1122(d)(vi), 1122(d)(4)(vii),  1122(d)(4)(viii),  1122(d)(4)(ix),
1122(d)(4)(x),    1122(d)(4)(xi),    1122(d)(4)(xii),    1122(d)(4)(xiii)    and
1122(d)(4)(xiv),  which  management  has  determined  are not  applicable to the
activities  the Company  performs with respect to the Platform (the  "Applicable
Servicing Criteria").

Period: Twelve months ended December 31, 2006 (the "Period").

Management's  interpretation  of Applicable  Servicing  Criteria:  The Company's
management has determined that servicing criteria  1122(d)(1)(iii) is applicable
only with respect to its continuing obligation to act as, or locate a, successor
servicer under the circumstances referred to in certain governing documents.  It
is management's  interpretation  that Deutsche Bank Trust Company America has no
other active back-up servicing responsibilities in regards to 1122(d)(1)(iii) as
of and for the Period.

Third  parties  classified  as  vendors:  With  respect  to  servicing  criteria
1122(d)(2)(i), 1122(d)(4)(i), and 1122(d)(4)(ii), management has engaged various
vendors to perform the  activities  required by these  servicing  criteria.  The
Company's  management  has  determined  that these vendors are not  considered a
"servicer"  as  defined  in Item  1101(j) of  Regulation  AB, and the  Company's
management has elected to take responsibility for assessing  compliance with the
servicing  criteria  applicable  to each vendor as permitted  by  Interpretation
17.06 of the SEC Division of Corporation  Finance  Manual of Publicly  Available
Telephone   Interpretations    ("Interpretation   17.06").   As   permitted   by
Interpretation  17.06,   management  has  asserted  that  it  has  policies  and
procedures in place to provide reasonable assurance that the vendor's activities
comply in all material respects with the servicing  criteria  applicable to each
vendor.  The Company's  management is solely responsible for determining that it
meets the SEC requirements to apply Interpretation 17.06 for vendors and related
criteria.

With respect to the Platform,  the Company's  management  provides the following
assertion of compliance with respect to the Applicable Servicing Criteria:

1.   The  Company's  management  is  responsible  for  assessing  the  Company's
     compliance with the Applicable Servicing Criteria as of and for the Period.

2.   The  Company's  management  has  assessed  compliance  with the  Applicable
     Servicing  Criteria,  including  servicing criteria for which compliance is
     determined based on Interpretation  17.06 as described above, as of and for
     the Period. In performing this assessment, management used the criteria set
     forth by the  Securities  and Exchange  Commission in paragraph (d) of Item
     1122 of Regulation AB.

3.   Based  on such  assessment,  as of and  for the  Period,  the  Company  has
     complied, in all material respects, with the Applicable Servicing Criteria.

KPMG LLP, a registered public accounting firm, has issued an attestation  report
with respect to the  management's  assertion of compliance  with the  Applicable
Servicing Criteria as of and for the Period.

                        DEUTSCHE BANK NATIONAL TRUST COMPANY

                        By: /s/ Gary R. Vaughan
                        ------------------------------------
                                Gary R. Vaughan
                                Its: Managing Director

                        By: /s/ David Co
                        ------------------------------------
                                David Co
                                Its: Director

                        By: /s/ Jose Sicilia
                        ------------------------------------
                                Jose Sicilia
                                Its: Managing Director

                        By: /s/ Kevin Fischer
                        ------------------------------------
                                Kevin Fischer
                                Its: Vice President

                        By: /s/ Robert Frier
                        ------------------------------------
                                Robert Frier
                                Its: Director


                        DEUTSCHE BANK TRUST COMPANY AMERICAS

                        By: /s/ Kevin C. Weeks
                        ------------------------------------
                                Kevin C. Weeks
                                Its: Managing Director

                        By: /s/ Jonna Kaufman
                        ------------------------------------
                                Jonna Kaufman
                                Its: Director


<page>

                                                                         EX-33.4

                                                                      Appendix I

           ASSESSMENT OF COMPLIANCE WITH APPLICABLE SERVICING CRITERIA

Corporate Trust Services division of Wells Fargo Bank, National Association (the
'Company") is responsible for assessing  compliance with the servicing  criteria
set forth in Item 1122(d) of Regulation AB  promulgated  by the  Securities  and
Exchange Commission.  The Company has determined that the servicing criteria are
applicable in regard to the servicing platform for the period as follows:

Platform:  Publicly-issued (i.e., transaction-level reporting required under the
Securities  Exchange  Act  of  1934,  as  amended)  residential  mortgage-backed
securities and commercial  mortgage-backed securities issued on or after January
1, 2006, for which the Company provides document custody services, excluding any
publicly  issued  transactions  issued by any government  sponsored  entity (the
"Platform").

Applicable  Servicing  Criteria:  The  servicing  criteria  set  forth  in  Item
1122(d)(4)(i) and 1122(d)(4)(ii),  in regard to the activities  performed by the
Company with respect to the Platform (the "Applicable Servicing Criteria").  The
Company  has  determined  that all other  servicing  criteria  set forth in Item
1122(d) are not applicable to the Platform.

Period:  Twelve months ended  December 31, 2006 (the "Period").

With respect to the Platform, the Company provides the following assessment of
compliance with respect to the Applicable Servicing Criteria:

1. The Company is responsible for assessing the Company's compliance with the
   Applicable Servicing Criteria as of and for the Period.

2. The Company has assessed compliance with the Applicable Servicing Criteria.
   In performing this assessment, the Company used the criteria set forth by the
   Securities and Exchange Commission in paragraph (d) of Item 1122 of
   Regulation AB.

3. Based on such assessment, as of and for the Period, the Company has complied,
   in all material respects with the Applicable Servicing Criteria.

KPMG LLP, a registered public accounting firm, has issued an attestation report
with respect to the Company's assessment of compliance as of and for the Period.


                                       WELLS FARGO BANK, NATIONAL ASSOCIATION

                                       By:  /s/ Shari L. Gillund
                                            ----------------------
                                            Shari L. Gillund
                                      Its:  Senior Vice President

                                       Dated:  March 1, 2007


<page>

                                                                         EX-33.5


                                    JPMorgan

              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 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,  Section  229.1122 (d) of the Code of
Federal  Regulations  (the "CFR") as set forth in  Appendix A hereto,  which the
Asserting Party has concluded are applicable to it in connection with its Master
Servicing operations with respect to the transactions listed in Appendix B which
comprise the Master Servicing  platform as defined below, to the extent required
by the related transaction  agreements as to any transaction (such criteria, the
"Applicable  Servicing  Criteria").  For the  purpose  of this  assessment,  the
Asserting  Party has  defined  its Master  Servicing  platform  as all  publicly
offered asset-backed transactions backed by residential mortgages or home equity
loans issued on or after January 1, 2006 where the Asserting Party is the master
servicer (the "Platform").

     The  Asserting  Party  (i)  has  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) has  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.


JPMorgan Chase Bank, National Association, as Master Servicer

/s/ Kathleen McDonnell
-------------------------
By: Kathleen McDonnell, Vice President

Date: March 14, 2007



                   Appendix A - Applicable Servicing Criteria
              Management's Report on Assessment of Compliance with
                          Applicable Servicing Criteria
                    JPMorgan Chase Bank, National Association
                            Master Servicing Platform

<TABLE>

           <c>              <c>
----------------------------------------------------------------------------------  ------------------
                                                                                    Servicing Criteria
                                                                                    Applicable to
Reference         Criteria                                                          Asserting Party?
----------------------------------------------------------------------------------  ------------------
229.1122(d)(1)(i)       Policies and procedures are instituted to monitor any                Yes
                        performance or other triggers and events of default in
                        accordance with the transaction agreements.
----------------------------------------------------------------------------------  ------------------
229.1122(d)(1)(ii)      If any material servicing activities are outsourced to                No
                        third parties, policies and procedures are instituted to
                        monitor the third party's performance and compliance with
                        such servicing activities.
----------------------------------------------------------------------------------  ------------------
229.1122(d)(1)(iii)     Any requirements in the transaction agreements to maintain            No
                        a back-up servicer for the mortgage loans are maintained.
----------------------------------------------------------------------------------  ------------------
229.1122(d)(1)(iv)      A fidelity bond and errors and omissions policy is in                Yes
                        effect on the party participating in the servicing
                        function throughout the reporting period in the amount of
                        coverage required by and otherwise in accordance with the
                        terms of the transaction agreements.
----------------------------------------------------------------------------------  ------------------
229.1122(d)(2)(i)       Payments on pool assets are deposited into the                       Yes
                        appropriate custodial bank accounts and related bank
                        clearing accounts no more than two business days of
                        receipt, or such other number of days specified in the
                        transaction agreements.
----------------------------------------------------------------------------------  ------------------
229.1122(d)(2)(ii)      Disbursements made via wire transfer on behalf of an                 Yes
                        obligor or to an investor are made only by authorized
                        personnel.
----------------------------------------------------------------------------------  ------------------
229.1122(d)(2)(iii)     Advances of funds or guarantees regarding collections,               Yes
                        cash flows or distributions, and any interest or other
                        fees charged for such advances, are made, reviewed and
                        approved as specified in the transaction agreements.
----------------------------------------------------------------------------------  ------------------
229.1122(d)(2)(iv)      The related accounts for the transaction, such as cash               Yes
                        reserve accounts or accounts established as a form of
                        over collateralization, are separately maintained (e.g.,
                        with respect to commingling of cash) as set forth in the
                        transaction agreements.
----------------------------------------------------------------------------------  ------------------
229.1122(d)(2)(v)       Each custodial account is maintained at a federally                  Yes
                        insured depository institution as set forth in the
                        transaction agreements. For purposes of this criterion,
                        "federally insured depository institution" with respect to
                        a foreign financial institution means a foreign financial
                        institution that meets the requirements of Rule
                        13k-1(b)(1) of the Securities Exchange Act.
----------------------------------------------------------------------------------  ------------------
229.1122(d)(2)(vi)      Unissued checks are safeguarded so as to prevent                      No
                        unauthorized access.
----------------------------------------------------------------------------------  ------------------
229.1122(d)(2)(vii)     Reconciliations are prepared on a monthly basis for all              Yes
                        asset-backed securities related bank accounts, including
                        custodial accounts and related bank clearing accounts.
                        These reconciliations are (A) mathematically accurate; (B)
                        prepared within 30 calendar days after the bank statement
                        cutoff date, or such other number of days specified in the
                        transaction agreements; (C) reviewed and approved by
                        someone other than the person who prepared the
                        reconciliation; and (D) contain explanations for
                        reconciling items. These reconciling items are resolved
                        within 90 calendar days of their original identification,
                        or such other number of days specified in the transaction
                        agreements.
----------------------------------------------------------------------------------  ------------------
229.1122(d)(3)(i)       Reports to investors, including those to be filed with the           Yes
                        Commission, are maintained in accordance with the
                        transaction agreements and applicable Commission
                        requirements. Specifically, such reports (A) are prepared
                        in accordance with timeframes and other terms set forth in
                        the transaction agreements; (B) provide information
                        calculated in accordance with the terms specified in the
                        transaction agreements; (C) are filed with the Commission
                        as required by its rules and regulations; and (D) agree
                        with investors' or the trustee's records as to the total
                        unpaid principal balance and number of mortgage loans
                        serviced by the Servicer.
----------------------------------------------------------------------------------  ------------------
229.1122(d)(3)(ii)      Amounts due to investors are allocated and remitted in               Yes
                        accordance with timeframes, distribution priority and
                        other terms set forth in the transaction agreements.
----------------------------------------------------------------------------------  ------------------
229.1122(d)(3)(iii)     Disbursements made to an investor are posted within two              Yes
                        business days to the Servicer's investor records, or such
                        other number of days specified in the transaction
                        agreements.
----------------------------------------------------------------------------------  ------------------
229.1122(d)(3)(iv)      Amounts remitted to investors per the investor reports               Yes
                        agree with cancelled checks, or other form of payment, or
                        custodial bank statements.
----------------------------------------------------------------------------------  ------------------
229.1122(d)(4)(i)       Collateral or security on mortgage loans is maintained as             No
                        required by the transaction agreements or related mortgage
                        loan documents.
----------------------------------------------------------------------------------  ------------------
229.1122(d)(4)(ii)      Mortgage loan and related documents are safeguarded as                No
                        required by the transaction agreements.
----------------------------------------------------------------------------------  ------------------
229.1122(d)(4)(iii)     Any additions, removals or substitutions to the asset pool            No
                        are made, reviewed and approved in accordance with any
                        conditions or requirements in the transaction agreements.
----------------------------------------------------------------------------------  ------------------
229.1122(d)(4)(iv)      Payments on mortgage loans, including any payoffs, made in            No
                        accordance with the related mortgage loan documents are
                        posted to the Servicer's obligor records maintained no
                        more than two business days after receipt, or such other
                        number of days specified in the transaction agreements,
                        and allocated to principal, interest or other items (e.g.,
                        escrow) in accordance with the related mortgage loan
                        documents.
----------------------------------------------------------------------------------  ------------------
229.1122(d)(4)(v)       The Servicer's records regarding the mortgage loans agree             No
                        with the Servicer's records with respect to an obligor's
                        unpaid principal balance.
----------------------------------------------------------------------------------  ------------------
229.1122(d)(4)(vi)      Changes with respect to the terms or status of an                     No
                        obligor's mortgage loans (e.g., loan modifications or
                        re-agings) are made, reviewed and approved by authorized
                        personnel in accordance with the transaction agreements
                        and related pool asset documents.
----------------------------------------------------------------------------------  ------------------
229.1122(d)(4)(vii)     Loss mitigation or recovery actions (e.g., forbearance               Yes
                        plans, modifications and deeds in lieu of foreclosure,
                        foreclosures and repossessions, as applicable) are
                        initiated, conducted and concluded in accordance with the
                        timeframes or other requirements established by the
                        transaction agreements.
----------------------------------------------------------------------------------  ------------------
229.1122(d)(4)(viii)    Records documenting collection efforts are maintained                 No
                        during the period a mortgage loan is delinquent in
                        accordance with the transaction agreements. Such records
                        are maintained on at least a monthly basis, or such other
                        period specified in the transaction agreements, and
                        describe the entity's activities in monitoring delinquent
                        mortgage loans including, for example, phone calls,
                        letters and payment rescheduling plans in cases where
                        delinquency is deemed temporary (e.g., illness or
                        unemployment).
----------------------------------------------------------------------------------  ------------------
229.1122(d)(4)(ix)      Adjustments to interest rates or rates of return for                  No
                        mortgage loans with variable rates are computed based on
                        the related mortgage loan documents.
----------------------------------------------------------------------------------  ------------------
229.1122(d)(4)(x)       Regarding any funds held in trust for an obligor (such as             No
                        escrow accounts): (A) such funds are analyzed, in
                        accordance with the obligor's mortgage loan documents, on
                        at least an annual basis, or such other period specified
                        in the transaction agreements; (B) interest on such funds
                        is paid, or credited, to obligors in accordance with
                        applicable mortgage loan documents and state laws; and (C)
                        such funds are returned to the obligor within 30 calendar
                        days of full repayment of the related mortgage loans, or
                        such other number of days specified in the transaction
                        agreements.
----------------------------------------------------------------------------------  ------------------
229.1122(d)(4)(xi)      Payments made on behalf of an obligor (such as tax or                 No
                        insurance payments) are made on or before the related
                        penalty or expiration dates, as indicated on the
                        appropriate bills or notices for such payments, provided
                        that such support has been received by the servicer at
                        least 30 calendar days prior to these dates, or such other
                        number of days specified in the transaction agreements.
----------------------------------------------------------------------------------  ------------------
229.1122(d)(4)(xii)     Any late payment penalties in connection with any payment             No
                        to be made on behalf of an obligor are paid from the
                        servicer's funds and not charged to the obligor, unless
                        the late payment was due to the obligor's error or
                        omission.
----------------------------------------------------------------------------------  ------------------
229.1122(d)(4)(xiii)    Disbursements made on behalf of an obligor are posted                 No
                        within two business days to the obligor's records
                        maintained by the servicer, or such other number of days
                        specified in the transaction agreements.
----------------------------------------------------------------------------------  ------------------
229.1122(d)(4)(xiv)     Delinquencies, charge-offs and uncollectible accounts are            Yes
                        recognized and recorded in accordance with the transaction
                        agreements.
----------------------------------------------------------------------------------  ------------------
229.1122(d)(4)(xv)      Any external enhancement or other support, identified in              No
                        Item 1114(a)(1) through (3) or Item 1115 of Regulation AB,
                        is maintained as set forth in the transaction agreements.
----------------------------------------------------------------------------------  ------------------

</TABLE>

                        Appendix B - List of Transactions
              Management's Report on Assessment of Compliance with
                          Applicable Servicing Criteria
                   JPMorgan Chase Bank, National Association
                           Master Servicing Platform
                                ----------------
                    IXIS Real Estate Capital Trust 2006-HE1
                         GSAA Home Equity Trust 2006-1
                         GSAA Home Equity Trust 2006-3
                         GSAA Home Equity Trust 2006-5
                         GSAA Home Equity Trust 2006-6
                         GSAA Home Equity Trust 2006-9
                         GSAA Home Equity Trust 2006-12
                        GSR Mortgage Loan Trust 2006-4F
                    IXIS Real Estate Capital Trust 2006-HE2
                                ----------------

<page>
                                                                         EX-33.6


Countrywide Home Loans
2900 Madera Road
Simi Valley, California 93065-6298
(805) 955-1000

           ASSESSMENT OF COMPLIANCE WITH APPLICABLE SERVICING CRITERIA

     Countrywide   Financial   Corporation  and  certain  of  its  subsidiaries,
including its direct and indirect  wholly-owned  subsidiaries,  Countrywide Home
Loans,  Inc. (CHL),  Countrywide Tax Services  Corporation,  Newport  Management
Corporation,   and  Countrywide  Home  Loans  Servicing,  L.P.,  a  wholly-owned
subsidiary of CHL  (collectively  the  "Company")  provides this  platform-level
assessment,  for which Countrywide  Financial  Corporation and such subsidiaries
participated in servicing  functions,  as such term is described under Title 17,
Section  229.1122 of the Code of Federal  Regulations  ("Item 1122 of Regulation
AB"), of compliance in respect of the following  Applicable  Servicing  Criteria
specified in Item 1122(d) of Regulation AB  promulgated  by the  Securities  and
Exchange  Commission  in  regard to the  following  servicing  platform  for the
following period:

     Platform:   publicly-issued  (i.e.,  registered  with  the  Securities  and
     Exchange  Commission  pursuant to the  Securities  Act of 1933, as amended)
     residential   mortgage-backed   securities  (securities  collateralized  by
     residential  mortgage loans,  including  prime,  alternative loan products,
     sub-prime, HELOC and closed seconds) issued on or after January 1, 2006 for
     which the Company  provides cash  collection and  administration,  investor
     remittances and reporting (except for those activities  relating to trustee
     and paying agent services), and pool asset administration (except for those
     activities  relating  to  custodial  operations  of pool assets and related
     documents),  collectively  "Servicing  Functions" and for which the related
     issuer has a fiscal year end of December  31, 2006.  The platform  excludes
     any transactions  issued by any government  sponsored  enterprise for which
     the Company provides Servicing Functions.

     Period: as of and for the year ended  December  31, 2006.

     Applicable  Servicing  Criteria:  all servicing  criteria set forth in Item
     1122(d), to the extent required in the related  agreements,  except for the
     following paragraphs: 1122(d)(1)(iii), 1122(d)(3)(i)(B), only as it relates
     to information  other than that contained in the monthly  remittance report
     delivered  by the  servicer to the master  servicer,  trustee,  and/or bond
     administrator,  1122(d)(3)(i)(D),  only as it relates to the agreeing  with
     investors'  records as to the total unpaid principal  balance and number of
     pool assets serviced by the servicer, 1122(d)(3)(ii), only as it relates to
     amounts other than amounts remitted by the servicer to the master servicer,
     trustee,  and/or  bond  administrator,   1122(d)(3)(iii),   1122(d)(3)(iv),
     1122(d)(4)(i) and 1122 (d)(4)(ii), only as 1122(d)(4)(i) and 1122(d)(4)(ii)
     relate to the custodial operations of the pool assets and related documents
     (collateral file) by the document custodian  responsible for such functions
     for the related transaction, and 1122(d)(4)(xv), only as it relates to Item
     1115 of Regulation AB (derivative transactions).

     With  respect to the  Platform  and the Period,  the Company  provides  the
following  assessment  of  compliance  in  respect of the  Applicable  Servicing
Criteria:

     1. The  Company  is  responsible  for  assessing  its  compliance  with the
Applicable Servicing Criteria.

     2. The  Company  has  assessed  compliance  with the  Applicable  Servicing
Criteria.

     3. Other than as identified on Schedule A hereto, as of and for the Period,
the Company was in material compliance with the Applicable Servicing Criteria.

     KPMG LLP, an independent  registered  public accounting firm, has issued an
attestation  report  with  respect  to the  Company's  foregoing  assessment  of
compliance.


                COUNTRYWIDE FINANCIAL CORPORATION

                By:    /s/ Steve Bailey
                       -----------------------------------------------------
                Its:   Senior Managing Director and Chief Executive Officer,
                       Loan Administration

                Dated: February 28, 2007


                By:    /s/ Kevin Meyers
                       -----------------------------------------------------
                Its:   Managing Director and Chief Financial Officer,
                       Countrywide Home Loans, Inc. Loan Administration

                Dated: February 28, 2007


                                   Schedule A
                                 --------------

                       Material Instances of Noncompliance

No  material  instances  of  noncompliance:  the Company  has  complied,  in all
material respects, with the applicable servicing criteria as of and for the year
ended December 31, 2006.

<page>

                                                                         EX-33.7


                       GreenPoint Mortgage Funding, Inc.
      Certification Regarding Compliance with Applicable Servicing Criteria

1.   GreenPoint  Mortgage  Funding,  Inc,   ("GreenPoint")  is  responsible  for
     assessing  compliance  with the servicing  criteria  applicable to it under
     paragraph  (d) of Item 1122 of  Regulation  AB, as of and for the  12-month
     period ending December 31, 2006 (the "Reporting  Period"),  as set forth in
     Appendix  A  hereto.  The  transactions  covered  by  this  report  include
     asset-backed securities transactions for which GreenPoint acted as servicer
     involving residential mortgage loans (the "Platform");

2.   GreenPoint  has  engaged  certain  vendors   (the  "Vendors")   to  perform
     specific,  limited or scripted  activities,  and GreenPoint  elects to take
     responsibility  for assessing  compliance  with the  servicing  criteria or
     portion of the servicing criteria applicable to such Vendors' activities as
     set forth in Appendix A hereto;

3.   Except as set forth in  paragraph  4 below,  GreenPoint  used  the criteria
     set forth in  paragraph  (d) of Item 1122 of  Regulation  AB to assess  the
     compliance with the applicable servicing criteria;

4.   The criteria listed in the column titled "Inapplicable  Servicing Criteria"
     on Appendix A hereto are inapplicable to GreenPoint based on the activities
     it performs, directly or through its Vendors, with respect to the Platform;

5.   GreenPoint 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,  except as  described  on
     Appendix B hereto;

6.   GreenPoint has not  identified  and is not aware of any  material  instance
     of noncompliance by the Vendors with the applicable  servicing  criteria as
     of December  31,  2006 and for the  Reporting  Period  with  respect to the
     Platform taken as a whole;

7.   GreenPoint has not  identified  any  material  deficiency  in  its policies
     and procedures to monitor the compliance by the Vendors with the applicable
     servicing  criteria as of December  31, 2006 and for the  Reporting  Period
     with respect to the Platform taken as a whole; and

8.   Ernst  &  Young,  a  registered  public  accounting  firm,  has  issued  an
     attestation  report  on  GreenPoint's  assessment  of  compliance  with the
     applicable servicing criteria for the Reporting Period.


February 28, 2007
                                GreenPoint Mortgage Funding, Inc.

                                By: /s/ Michael De Francesco
                                    -----------------------------
                                Name:   Michael De Francesco
                                Title:  Senior Vice President,
                                        Loan Administration

<PAGE>

<TABLE>

                                                           APPENDIX A

-----------------------------------------------------------------  --------------------------------------------  ------------------
                                                                                APPLICABLE SERVICING                 INAPPLICABLE
                             SERVICING CRITERIA                                        CRITERIA                  SERVICING CRITERIA*
-----------------------------------------------------------------  --------------------------------------------  ------------------

                             <c>                                       <c>                  <c>                      <c>
                                                                   Performed Directly   Performed by Vendor(s)
                                                                   by GreenPoint        for which GreenPoint is
Reference                         Criteria                                               the responsible party
-----------------------------------------------------------------  -------------------  -----------------------  ------------------
                      General Servicing Considerations
-----------------------------------------------------------------  -------------------  -----------------------  ------------------
                  Policies and procedures are instituted to
                  monitor any performance or other triggers and
                  events of default in accordance with the
1122(d)(1)(i)     transaction agreements.                                   X
-----------------------------------------------------------------  -------------------  -----------------------  ------------------
                  If any material servicing activities are
                  outsourced to third parties, policies and
                  procedures are instituted to monitor the third
                  party's performance and compliance with such
1122(d)(1)(ii)    servicing activities.                                     X
-----------------------------------------------------------------  -------------------  -----------------------  ------------------
                  Any requirements in the transaction agreements
                  to maintain a back-up servicer for the mortgage
1122(d)(1)(iii)   loans are maintained.                                                                                   X
-----------------------------------------------------------------  -------------------  -----------------------  ------------------
                  A fidelity bond and errors and omissions policy
                  is in effect on the party participating in the
                  servicing function throughout the reporting
                  period in the amount of coverage required by and
                  otherwise in accordance with the terms of the
1122(d)(1)(iv)    transaction agreements.                                   X
-----------------------------------------------------------------  -------------------  -----------------------  ------------------
                         Cash Collection and Administration
-----------------------------------------------------------------  -------------------  -----------------------  ------------------
                  Payments on mortgage loans are deposited into
                  the appropriate custodial bank accounts and
                  related bank clearing accounts no more than two
                  business days following receipt, or such other
                  number of days specified in the transaction
1122(d)(2)(i)     agreements.                                               X                    X(1)
-----------------------------------------------------------------  -------------------  -----------------------  ------------------
                  Disbursements made via wire transfer on behalf
                  of an obligor or to an investor are made only by
1122(d)(2)(ii)    authorized personnel.                                     X
-----------------------------------------------------------------  -------------------  -----------------------  ------------------
                  Advances of funds or guarantees regarding
                  collections, cash flows or distributions, and
                  any interest or other fees charged for such
                  advances, are made, reviewed and approved as
1122(d)(2)(iii)   specified in the transaction agreements.                  X
-----------------------------------------------------------------  -------------------  -----------------------  ------------------
                  The related accounts for the transaction, such
                  as cash reserve accounts or accounts established
                  as a form of overcollateralization, are
                  separately maintained (e.g., with respect to
                  commingling of cash) as set forth in the
1122(d)(2)(iv)    transaction agreements.                                   X
-----------------------------------------------------------------  -------------------  -----------------------  ------------------
                  Each custodial account is maintained at a
                  federally insured depository institution as set
                  forth in the transaction agreements. For
                  purposes of this criterion, "federally insured
                  depository institution" with respect to a
                  foreign financial institution means a foreign
                  financial institution that meets the
                  requirements of Rule 13k-1(b)(1) of the
1122(d)(2)(v)     Securities Exchange Act.                                  X
-----------------------------------------------------------------  -------------------  -----------------------  ------------------
                  Unissued checks are safeguarded so as to prevent
1122(d)(2)(vi)    unauthorized access.                                      X
-----------------------------------------------------------------  -------------------  -----------------------  ------------------
                  Reconciliations are prepared on a monthly basis
                  for all asset-backed securities related bank
                  accounts, including custodial accounts and
                  related bank clearing accounts. These
                  reconciliations are (A) mathematically accurate;
                  (B) prepared within 30 calendar days after the
                  bank statement cutoff date, or such other number
                  of days specified in the transaction agreements;
                  (C) reviewed and approved by someone other than
                  the person who prepared the reconciliation; and
                  (D) contain explanations for reconciling items.
                  These reconciling items are resolved within 90
                  calendar days of their original identification,
                  or such other number of days specified in the
1122(d)(2)(vii)   transaction agreements.                                   X
-----------------------------------------------------------------  -------------------  -----------------------  ------------------
                         Investor Remittances and Reporting
-----------------------------------------------------------------  -------------------  -----------------------  ------------------
                  Reports to investors, including those to be
                  filed with the Commission, are maintained in
                  accordance with the transaction agreements and
                  applicable Commission requirements.
                  Specifically, such reports (A) are prepared in
                  accordance with timeframes and other terms set
                  forth in the transaction agreements; (B) provide
                  information calculated in accordance with the
                  terms specified in the transaction agreements;
                  (C) are filed with the Commission as required by
                  its rules and regulations; and (D) agree with
                  investors' or the trustee's records as to the
                  total unpaid principal balance and number of
1122(d)(3)(i)     mortgage loans serviced by the Servicer.                  X
-----------------------------------------------------------------  -------------------  -----------------------  ------------------
                  Amounts due to investors are allocated and
                  remitted in accordance with timeframes,
                  distribution priority and other terms set forth
1122(d)(3)(ii)    in the transaction agreements.                            X
-----------------------------------------------------------------  -------------------  -----------------------  ------------------
                  Disbursements made to an investor are posted
                  within two business days to the Servicer's
                  investor records, or such other number of days
1122(d)(3)(iii)   specified in the transaction agreements.                  X
-----------------------------------------------------------------  -------------------  -----------------------  ------------------
                  Amounts remitted to investors per the investor
                  reports agree with cancelled checks, or other
1122(d)(3)(iv)    form of payment, or custodial bank statements.            X
-----------------------------------------------------------------  -------------------  -----------------------  ------------------
                              Pool Asset Administration
-----------------------------------------------------------------  -------------------  -----------------------  ------------------
                  Collateral or security on mortgage loans is
                  maintained as required by the transaction
1122(d)(4)(i)     agreements or related mortgage loan documents.                                                          X
-----------------------------------------------------------------  -------------------  -----------------------  ------------------
                  Mortgage loan and related documents are
                  safeguarded as required by the transaction
1122(d)(4)(ii)    agreements.                                               X
-----------------------------------------------------------------  -------------------  -----------------------  ------------------
                  Any additions, removals or substitutions to the
                  asset pool are made, reviewed and approved in
                  accordance with any conditions or requirements
1122(d)(4)(iii)   in the transaction agreements.                            X
-----------------------------------------------------------------  -------------------  -----------------------  ------------------
                  Payments on mortgage loans, including any
                  payoffs, made in accordance with the related
                  mortgage loan documents are posted to the
                  Servicer's obligor records maintained no more
                  than two business days after receipt, or such
                  other number of days specified in the
                  transaction agreements, and allocated to
                  principal, interest or other items (e.g.,
                  escrow) in accordance with the related mortgage
1122(d)(4)(iv)    loan documents.                                           X                    X(1)
-----------------------------------------------------------------  -------------------  -----------------------  ------------------
                  The Servicer's records regarding the mortgage
                  loans agree with the Servicer's records with
1122(d)(4)(v)     respect to an obligor's unpaid principal balance.         X
-----------------------------------------------------------------  -------------------  -----------------------  ------------------
                  Changes with respect to the terms or status of
                  an obligor's mortgage loans (e.g., loan
                  modifications or re-agings) are made, reviewed
                  and approved by authorized personnel in
                  accordance with the transaction agreements and
1122(d)(4)(vi)    related pool asset documents.                             X
-----------------------------------------------------------------  -------------------  -----------------------  ------------------
                  Loss mitigation or recovery actions (e.g.,
                  forbearance plans, modifications and deeds in
                  lieu of foreclosure, foreclosures and
                  repossessions, as applicable) are initiated,
                  conducted and concluded in accordance with the
                  timeframes or other requirements established by
1122(d)(4)(vii)   the transaction agreements.                               X
-----------------------------------------------------------------  -------------------  -----------------------  ------------------
                  Records documenting collection efforts are
                  maintained during the period a mortgage loan is
                  delinquent in accordance with the transaction
                  agreements. Such records are maintained on at
                  least a monthly basis, or such other period
                  specified in the transaction agreements, and
                  describe the entity's activities in monitoring
                  delinquent mortgage loans including, for
                  example, phone calls, letters and payment
                  rescheduling plans in cases where delinquency is
1122(d)(4)(viii)  deemed temporary (e.g., illness or unemployment).         X
-----------------------------------------------------------------  -------------------  -----------------------  ------------------
                  Adjustments to interest rates or rates of return
                  for mortgage loans with variable rates are
                  computed based on the related mortgage loan
1122(d)(4)(ix)    documents.                                                X
-----------------------------------------------------------------  -------------------  -----------------------  ------------------
                  Regarding any funds held in trust for an obligor
                  (such as escrow accounts): (A) such funds are
                  analyzed, in accordance with the obligor's
                  mortgage loan documents, on at least an annual
                  basis, or such other period specified in the
                  transaction agreements; (B) interest on such
                  funds is paid, or credited, to obligors in
                  accordance with applicable mortgage loan
                  documents and state laws; and (C) such funds are
                  returned to the obligor within 30 calendar days
                  of full repayment of the related mortgage loans,
                  or such other number of days specified in the
1122(d)(4)(x)     transaction agreements.                                   X
-----------------------------------------------------------------  -------------------  -----------------------  ------------------
                  Payments made on behalf of an obligor (such as
                  tax or insurance payments) are made on or before
                  the related penalty or expiration dates, as
                  indicated on the appropriate bills or notices
                  for such payments, provided that such support
                  has been received by the servicer at least 30
                  calendar days prior to these dates, or such
                  other number of days specified in the
1122(d)(4)(xi)    transaction agreements.                                                         X(2)
-----------------------------------------------------------------  -------------------  -----------------------  ------------------
                  Any late payment penalties in connection with
                  any payment to be made on behalf of an obligor
                  are paid from the servicer's funds and not
                  charged to the obligor, unless the late payment
1122(d)(4)(xii)   was due to the obligor's error or omission.                                     X(2)
-----------------------------------------------------------------  -------------------  -----------------------  ------------------
                  Disbursements made on behalf of an obligor are
                  posted within two business days to the obligor's
                  records maintained by the servicer, or such
                  other number of days specified in the
1122(d)(4)(xiii)  transaction agreements.                                   X
-----------------------------------------------------------------  -------------------  -----------------------  ------------------
                  Delinquencies, charge-offs and uncollectible
                  accounts are recognized and recorded in
1122(d)(4)(xiv)   accordance with the transaction agreements.               X
-----------------------------------------------------------------  -------------------  -----------------------  ------------------
                  Any external enhancement or other support,
                  identified in Item 1114(a)(1) through (3) or
                  Item 1115 of Regulation AB, is maintained as set
1122(d)(4)(xv)    forth in the transaction agreements.                                                                    X
-----------------------------------------------------------------  -------------------  -----------------------  ------------------

(1)  The servicer has elected to take responsibility for assessing compliance with such servicing criteria as permitted by the
     Interpretation 17.06 of the SEC Division of Finance telephone interpretation with respect to the initial processing of cash
     receipts at the lockbox.
(2)  The servicer will obtain an assertion of management and an accompanying 1122 attestation report from the vendor performing such
     activities.

</TABLE>
<PAGE>

                                   APPENDIX B*

1. GreenPoint has identified the following noncompliance with servicing criteria
1122(d)(1)(i),  1122(d)(2)(iv),  and  1122(d)(3)(ii)  applicable to the Platform
during the year ended December 31, 2006 as follows:

1122(d)(1)(i) - GreenPoint did not institute  policies and procedures to monitor
performance  or other  triggers  and events of defaults in  accordance  with the
transaction agreements.

1122(d)(2)(iv) - GreenPoint did not establish  separate P&I and T&I accounts for
certain  securitizations  which  allowed  funds  to  be  commingled  in  various
custodial accounts.

1122(d)(3)(ii) - In certain  situations  where GreenPoint has received  mortgage
insurance  proceeds  prior to the  liquidation  of the related  properties,  the
mortgage  insurance proceeds were not remitted at the time of the next regularly
scheduled remittance date as required by the transaction agreements, but instead
remained in the related  custodial account and were remitted at the time the REO
liquidation proceeds were remitted to the Master Servicer.


2. GreenPoint has implemented the following remediation procedures:

1122(d)(1)(i) - GreenPoint has active  monitoring of the entire portfolio and at
investor levels but not at the securitization transaction level. GreenPoint will
establish  policies and procedures to monitor  performance or other triggers and
events of default in accordance with the transaction agreements.

1122(d)(2)(iv) - GreenPoint has separated the commingled  funds  and established
proper  custodial and escrow accounts and improved the oversight of establishing
such accounts as required by the related agreements.

1122(d)(3)(ii) - GreenPoint is modifying  applicable  agreements to clarify that
such mortgage  insurance  proceeds may be remitted at the time of the remittance
of the REO  liquidation  proceeds or modifying its remittance  practice to remit
the mortgage insurance  proceeds during the next regularly  schedule  remittance
where required.


*     Accountants' attestation report covers only paragraph 1 of this Appendix B


<PAGE>

                                                                        EX-33.8

                                   National City Mortgage Co.
                                   A Subsidiary of National City Bank of Indiana
                                   3232 Newmark Drive  .  Miamisburg, Ohio 45342
                                   Telephone: (937) 910-1200

                                   Mailing Address:
                                   P.O. Box 1820
                                   Dayton, Ohio 45401-1820


           Management's Assertion on Compliance with Regulation AB Criteria

National City Mortgage Co. (the "Asserting Party") is responsible for assessing
compliance, as of and for the year ended December 31, 2006 (the "Reporting
Period"), with the servicing criteria set forth in Item 1122(d) of Regulation
AB, excluding the criteria set forth in item 1122(d)(1)(iii), 1122(d)(3)(i)(C)
and 1122(d)(4)(ii)(xv) which the Asserting Party has concluded are not
applicable to the activities it performs, either directly or through its
Vendors, with respect to the residential mortgage-backed securities transactions
covered by this report (such criteria, the "Applicable Servicing Criteria"). The
transactions covered by this report include the residential mortgage-backed
securities that were completed on or after January 1, 2006 that were registered
with the Securities and Exchange Commission pursuant to the Securities Act of
1933 (the "Platform"), as listed on Appendix A.

The Asserting Party has engaged certain vendors ("Vendors") to perform specific,
limited or scripted activities as of and for the year ended December 31, 2006.
The Asserting Party has policies and procedures in place designed to provide
reasonable assurance that the vendors' activities comply in all material
respects with the servicing criteria applicable to each Vendor. The Asserting
Party is responsible for determining that it meets the SEC requirements to apply
Interpretation 17.06 for the Vendors and related criteria. The Asserting Party
elects to take responsibility for assessing compliance with the servicing
criteria or portion of the servicing criteria applicable to such Vendors for
servicing criteria 1122(d)(4)(xi) and 1122(d)(4)(xii).

The Asserting Party has obtained an assertion of management and accompanying
1122 attestation report from the Vendor performing servicing criteria
1122(d)(2)(i) and 1122(d)(4)(iv).

The Asserting Party has assessed compliance with the Applicable Servicing
Criteria for the Reporting Period and has concluded that it has complied, in all
material respects, with the Applicable Servicing Criteria during the Reporting
Period with respect to the Platform taken as a whole, except as noted below:

There were 29 possible instances where the Asserting Party did not prepare
default loan data reports for the master servicer within the timeframes set
forth in the transaction agreements as required in section 1122(d)(3)(i)(A). All
other loan level reports were completed as required.

Ernst & Young LLP, an independent registered public accounting firm, has issued
an attestation report for the Platform on the Asserting Party's assessment of
compliance with the Applicable Servicing Criteria as of and for the Reporting
Period as set forth in this assertion.

National City Mortgage Co., as Servicer

By: /s/ T. Jackson Case, Jr.           Date:  March 14, 2007
    -------------------------
Name:   T. Jackson Case, Jr.
Title:  Executive  Vice President


                                   Appendix A
                                 -------------
Deal Name
ARMT 2006-2
BAFC 2006-1
BAFC 2006-2
BAFC 2006-3
BAFC 2006-4
BAFC 2006-5
BAFC 2006-A
BAFC 2006-I
Bayview 2006-C
BSABS 2006-AC3
BSABS 2006-AC5
CMLTI 2006-4
CMLTI 2006-AR3
CMLTI 2006-AR5
CSMC 2006-3
DBALT 2006-AB2
DBALT 2006-AB4
DBALT 2006-AF1
DBALT 2006-AR1
DBALT 2006-AR5
GSAA 2006-11
GSAA 2006-12
GSAA 2006-14
GSAA 2006-16
GSAA 2006-3
GSAA 2006-5
GSAA 2006-9
GSAA 2006-20
GSR 2006-AR1
GSR 2006-8F
GSR 2006-9F
GSR 2006-AR2
JPALT 2006-S4
JPMMT 2006-S1
JPMMT 2006-S3
JPMMT 2006-S4
LMT 2006-6
LMT 2006-7
LMT 2006-20
MASTR 2006-1
MASTR 2006-3
MLMI 2006-A3
MLMI 2006-A4
MLMI 2006-F1
PRIME 2006-1
PRIME 2006-CL1
RESI 2006-B
RALI 2006-QA4
RALI 2006-AQ5
RALI 2006-AQ11
RALI 2006-QS1
RALI 2006-QS2
RALI 2006-QS3
RALI 2006-QS4
RALI 2006-QS5
RALI 2006-QS6
RALI 2006-QS7
RALI 2006-QS8
RALI 2006-QS10
RALI 2006-QS11
RALI 2006-QS12
RALI 2006-QS13
RALI 2006-QS16
RALI 2006-QS17
RALI 2006-QS18
RAMP 2006-RS5
RAMP 2006-RZ3
RFMSI 2006-S10
RFMSI 2006-S11
RFMSI 2006-S12
SAMI 2006-AR3
WMLT 2006-A
WMLT 2006-ALT1

<page>

                                                                        EX-33.9

    Report on Assessment of Compliance with Regulation AB Servicing Criteria

1.   Pursuant  to  Subpart  229.1100  -  Asset  Backed  Securities,   17  C.F.R.
     229.1100-229.1123  ("Regulation AB"), Regulus Group LLC, for itself and its
     wholly-owned  subsidiaries  (individually and collectively  "Regulus"),  is
     responsible  for  assessing  its  compliance  with the  servicing  criteria
     applicable to the remittance  processing  services it provides to customers
     who are issuers or servicers of asset backed  securities  transactions  and
     who have requested  confirmation of Regulus'  compliance in connection with
     loan  and/or  receivables  portfolios  that  include  pool assets for asset
     backed securities transactions (the "Platform"). Remittance processing is a
     service  whereby check  payments that are remitted by mail to a post office
     box are  collected,  processed  through  a highly  automated  data  capture
     system,  and prepared for deposit to a bank account held by the beneficiary
     of the payment.

2.   The servicing criteria set forth in Item 1122(d) of Regulation AB were used
     in  Regulus'  assessment  of  compliance.  Regulus has  concluded  that the
     servicing  criteria set forth in Items  1122(d)(2)(i) and 1122(d)(4)(iv) of
     Regulation AB are  applicable to the servicing  activities it performs with
     respect  to  the  Platform   (such  criteria  the   "Applicable   Servicing
     Criteria").  Regulus has  concluded  that the  remainder  of the  servicing
     criteria set forth in Item 1122(d) of Regulation AB are inapplicable to the
     activities  it performs with respect to the Platform  because  Regulus does
     not  participate in the servicing  activities  referenced by such servicing
     criteria.

3.   As of and for the year ending  December 31,  2006,  Regulus has complied in
     all material respects with the Applicable  Servicing  Criteria set forth in
     Item 1122(d) of Regulation AB.

/s/ Kimberlee Clark
-------------------
Chief Financial Officer

February 22, 2007


<page>

                                                                        EX-33.10


PHH Mortgage
3000 Leadenhall Road
Mt. Laurel, NJ 08054


             REPORT ON ASSESSMENT OF COMPLIANCE WITH REGULATION AB
                              SERVICING CRITERIA

PHH Mortgage  Corporation  (the "Asserting  Party") is responsible for assessing
compliance  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 Section 229.1122(d) of the Code of Federal Regulations (the "CFR"),
except  for  criteria  set forth in  Section  229.1122(d)(3)(i)(c),  (d)(4)(ii),
(d)(4)(xv) and  (d)(1))(iii) of the CFR, which the Asserting Party has concluded
are not  applicable to the servicing  activities it performs with respect to the
transactions covered by this report (the "Applicable Servicing  Criteria").  The
criteria set forth in Section 229.1122 (d)(4)(vii) and (d)(4)(xi) of the CPR are
performed by outsource providers on behalf of the Asserting Party;  however, the
Asserting  Party has monitored  the  outsourcing  of these  criteria and assumes
responsibility for compliance.  The transactions  covered by this report include
all non-agency  loan sale  agreements  executed after January 1, 2006 as well as
all re-securitization transactions after January 1, 2006 for which the Asserting
Party served as servicer (the "Platform").

The Asserting Party has assessed its compliance  with the Servicing  Criteria as
of December 31, 2006 and for the  Reporting  Period and has  concluded  that the
Asserting  Party has  complied,  in all material  respects,  with the  Servicing
Criteria  with respect to the Platform  taken as a whole except for as discussed
below:


Standard            Description

1122(d)(l)(i)       The  Asserting   Party  has  not  instituted   policies  and
                    procedures  to  specifically  monitor  performance  or other
                    triggers  or events  of  default  stated in the  transaction
                    agreements

1122(d)(1)(iv)      During  the  months  of July,  August,  and  September,  the
                    Company's  minimum  coverage  requirement  exceeded its $160
                    million fidelity bond by amounts ranging up to approximately
                    $1.3 million.  Effective  September 27, 2006,  the Company's
                    fidelity bond was increased to $170 million.

1122(d)(3)(i)(A)    The  Asserting  Party did not maintain or provide one of the
                    required   monthly   reports   stated  in  the   transaction
                    agreements during the year

1122(d)(3)(i)(D)    The Asserting Party did not perform  procedures to agree the
                    unpaid principal balance and number of loans serviced by the
                    Asserting Party with that of the investor and trustees

Deloitte  &  Touche,  an  independent  public  accounting  firm,  has  issued an
attestation  report on the assessment of compliance with the Servicing  Criteria
for the Reporting Period as set forth in this assertion.


PHH Mortgage Corporation

Date:  February 28, 2007

/s/ Terence W. Edwards
-----------------------------
Terence W. Edwards
President and Chief Executive Officer


/s/ Mark Danahy
-----------------------------
Mark Danahy
Senior Vice President and Chief Financial Officer


/s/ Martin L. Foster
-----------------------------
Martin L. Foster
Senior Vice President - Loan Servicing


<page>

                                                                         EX-34.1



ERNEST & YOUNG          Ernest & Young LLP              Phone: (212) 772-3000
                        5 Times Square                  www.ey.com
                        New York, New York 19936-6530


             Report of Independent Registered Public Accounting Firm


Board of Directors
The Bank of New York

We  have  examined   management's   assertion,   included  in  the  accompanying
Management's  Report  on  Assertion  of  Compliance  with  Applicable  Servicing
Criteria that The Bank of New York and The Bank of New York Trust Company, N.A.,
(collectively, the "Company"), complied with the servicing criteria set forth in
Item 1122(d) of the Securities and Exchange  Commission's  Regulation AB for the
publicly issued (i.e.  transaction-level  reporting initially required under the
Securities  and Exchange Act of 1934,  as amended)  residential  mortgage-backed
securities and other mortgage-related asset-backed securities issued on or after
January 1, 2006 (and like-kind transactions issued prior to January 1, 2006) for
which the Company provides trustee, securities administration,  paying agent, or
custodial  services (the  "Platform")  as of and for the year ended December 31,
2006 except for criteria 1122(d)(1)(ii)-(iv),  and 1122(d)(4)(iv)-(xiii),  which
the Company has determined  are not  applicable to the  activities  performed by
them with respect to the servicing Platform covered by this report. The Platform
includes  like-kind   transactions  for  which  the  Company  provided  trustee,
securities administration, paying agent or custodial services as a result of the
Company's  acquisition as of October 1, 2006 of portions of JPMorgan Chase Bank,
N.A.'s corporate trust business,  including  structured finance agency and trust
transactions.  Management is responsible for the Company's compliance with those
servicing criteria.  Our responsibility is to express an opinion on management's
assertion about the Company's  compliance  with the servicing  criteria based on
our examination.

Our  examination  was  conducted  in  accordance  with   attestation   standards
established  by the  American  Institute  of Certified  Public  Accountants,  as
adopted by the Public Company  Accounting  Oversight  Board (United States) and,
accordingly,  included examining,  on a test basis, evidence about the Company's
compliance  with the applicable  servicing  criteria and  performing  such other
procedures  as we considered  necessary in the  circumstances.  Our  examination
included testing of less than all of the individual  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 and as permitted by the  Interpretation  17.06 of the SEC
Division  of  Corporation   Finance  Manual  of  Publicly  Available   Telephone
Interpretations  ("Interpretation  17.06").  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.

In our  opinion,  management's  assertion  that the  Company  complied  with the
aforementioned  servicing  criteria,  including  servicing  criteria  for  which
compliance is determined  based on  Interpretation 17.06  as described above, as
applicable,  as of and for the year ended December 31, 2006 for the Platform, is
fairly stated, in all material respects.


/s/ Ernst & Young LLP
---------------------
March 1, 2007

<page>
                                                                         EX-34.2

                                                   PricewaterhouseCoopers LLP
                                                   PricewaterhouseCoopers Center
                                                   300 Madison Avenue
                                                   New York NY  10017
                                                   Telephone (646)471-3000
                                                   Facsimile (813)286-6000

             Report of Independent Registered Public Accounting Firm

To the Board of Directors of JPMorgan Chase Bank, National Association

We have examined  JPMorgan Chase Bank,  National  Association's  (the "Company")
compliance  with  the  servicing  criteria  set  forth  in Item  1122(d)  of the
Securities and Exchange Commission's  Regulation AB as of September 30, 2006 and
for the  period  from  January 1, 2006 to  September  30,  2006 (the  "Reporting
Period") for the  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 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")  described in the
accompanying  Management's  Report on Assessment of Compliance  with  Applicable
Servicing  Criteria,  excluding criteria  1122(d)(1)(ii)-(iv),  1122(d)(2)(iii),
1122(d)(2)(vi),  1122(d)(4)(i)-(ii), and 1122(d)(4)(iv)-(xiv), which the Company
has determined are not  applicable to the servicing  activities  performed by it
with respect to the Platform.  Appendix A to management's  assertion  identifies
the individual asset-backed transactions and securities defined by management as
constituting   the  Platform.   Management  is  responsible  for  the  Company's
compliance  with the servicing  criteria.  Our  responsibility  is to express an
opinion on the Company's  compliance  with the servicing  criteria  based on our
examination.

Our examination was conducted in accordance with 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 applicable
servicing  criteria  and  performing  such  other  procedures  as we  considered
necessary in the  circumstances.  Our examination  included  testing of selected
asset- backed transactions and securities that comprise the Platform, testing of
selected servicing  activities related to the Platform,  and determining whether
the Company  processed those selected  transactions and performed those selected
activities in compliance with the applicable servicing criteria.  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 detect  noncompliance  arising  from  errors that may have  occurred
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.  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.

Our  examination  disclosed  the  following  material   noncompliance  with  the
servicing  criteria  set  forth in Items  1122(d)(3)(i)  and  1122(d)(3)(ii)  of
Regulation AB  applicable to the Company  during the period from January 1, 2006
to September 30, 2006.  Certain monthly  investor  reports  omitted  information
required  by  the  transaction   agreements   and/or  contained  errors  in  the
information  presented  and certain  monthly  investor  distributions  contained
errors as to the amounts due to certain investors.

In our opinion, except for the material noncompliance described in the preceding
paragraph,   JPMorgan  Chase  Bank,  National   Association  complied  with  the
aforementioned  applicable  servicing  criteria  as of and for the period  ended
September 30, 2006 for the Platform, in all material respects.


/s/ PricewaterhouseCoopers LLP
-------------------------------
New York, New York
March 14, 2007
<page>

                                                   PricewaterhouseCoopers LLP
                                                   PricewaterhouseCoopers Center
                                                   300 Madison Avenue
                                                   New York NY  10017
                                                   Telephone (646)471-3000
                                                   Facsimile (813)286-6000

             Report of Independent Registered Public Accounting Firm

To the Board of Directors of JPMorgan Chase Bank, National Association

We  have  examined   management's   assertion,   included  in  the  accompanying
Management's  Report on  Assessment  of  Compliance  with  Applicable  Servicing
Criteria,  that  JPMorgan  Chase  Bank,  National  Association  (the  "Company")
complied with the servicing criteria set forth in Item 1122(d) of the Securities
and  Exchange  Commission's  Regulation  AB as of December  31, 2006 and for the
period from  October 1, 2006 to December 31, 2006 (the  "Reporting  Period") for
the asset-backed securities  transactions backed by residential mortgages,  home
equity loans, auto loans,  credit cards,  dealer floor plans, retail installment
contracts and  manufactured  housing  contacts,  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"),   excluding  criteria  1122(d)(1)(i)-(iv),
1122(d)(2)(i)-(vi), 1122(d)(3)(i)-(iv) and 1122(d)(4)(i)-(xv), which the Company
has determined are not  applicable to the servicing  activities  performed by it
with  respect  to  the  Platform.  Appendix  A  to  the  management's  assertion
identifies the individual  asset-backed  transactions and securities  defined by
management as  constituting  the Platform.  Management  is  responsible  for the
Company's  compliance  with the servicing  criteria.  Our  responsibility  is to
express an opinion on management's assertion based on our examination.

Our examination was conducted in accordance with 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 applicable
servicing  criteria  and  performing  such  other  procedures  as we  considered
necessary in the  circumstances.  Our examination  included  testing of selected
asset- backed transactions and securities that comprise the Platform, testing of
selected servicing  activities related to the Platform,  and determining whether
the Company  processed those selected  transactions and performed those selected
activities in compliance with the applicable servicing criteria.  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 detect  noncompliance  arising  from  errors that may have  occurred
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.  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.

In our opinion,  management's  assertion that the JPMorgan Chase Bank,  National
Association complied with the aforementioned applicable servicing criteria as of
and for the period ended December 31, 2006 for the Platform is fairly stated, in
all material respects.

/s/ PricewaterhouseCoopers LLP
-------------------------------
New York, New York
March 12, 2007

<page>

                                                                         EX-34.3



KPMG LLP
303 East Wacker Drive
Chicago, IL  60601-5212


        Report of Independent Registered Public Accounting Firm

Board of Directors
The Trust & Securities Services department of Deutsche Bank National Trust
        Company and Deutsche Bank Company Americas:

We have examined management's  assertion,  included in the accompanying Appendix
I, that the Trust & Securities  Services  department  of Deutsche  Bank National
Trust  Company  and  Deutsche  Bank Trust  Company  Americas  (collectively  the
"Company") complied with the servicing criteria set forth in Item 1122(d) of the
Securities and Exchange  Commission's  Regulation AB for publicly-issued  (i.e.,
transaction-level  reporting required under the Securities Exchange Act of 1934,
as  amended)  residential  mortgage-backed  securities  and  other  asset-backed
securities  issued on or after January 1, 2006,  for which the Company  provides
trustee,  securities  administration  or paying agent  services,  excluding  any
publicly issued  transactions,  sponsored or issued by any government  sponsored
entity  (the  Platform),  except  for the  servicing  criteria  1122(d)(2)(iii),
1122(d)(4)(iv),       1122(d)(4)(v),      1122(d)(4)(vi),       1122(d)(4)(vii),
1122(d)(4)(viii),       1122(d)(4)(ix),      1122(d)(4)(x),      1122(d)(4)(xi),
1122(d)(4)(xii),  1122(d)(4)(xiii)  and  1122(d)(4)(xiv),  which the Company has
determined  are not applicable to the activities it performs with respect to the
Platform, as of and for the twelve months ended December 31, 2006. Management is
responsible  for the Company's  compliance with those  servicing  criteria.  Our
responsibility  is to express an opinion  on  management's  assertion  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.

As described in management's  assertion included in the accompanying Appendix I,
for servicing  criteria  1122(d)(2)(i),  1122(d)(4)(i) and  1122(d)(4)(ii),  the
Company has engaged various vendors to perform the activities  required by these
servicing  criteria.  The  Company  has  determined  that these  vendors are not
considered a "servicer"  as defined in Item  1101(j) of  Regulation  AB, and the
Company has elected to take  responsibility  for assessing  compliance  with the
servicing  criteria  applicable  to each vendor as permitted  by  Interpretation
17.06 of the SEC Division of Corporation  Finance  Manual of Publicly  Available
Telephone   Interpretations    ("Interpretation   17.06").   As   permitted   by
Interpretation  17.06,  the  Company  has  asserted  that  it has  policies  and
procedures in place designed to provide  reasonable  assurance that the vendors'
activities  comply  in  all  material  respects  with  the  servicing   criteria
applicable to each vendor.  The Company is solely  responsible  for  determining
that it meets the SEC requirements to apply Interpretation 17.06 for the vendors
and  related  criteria  as  described  in its  assertion,  and we  performed  no
procedures  with respect to the Company's  eligibility  to apply  Interpretation
17.06.

In our  opinion,  management's  assertion  that the  Company  complied  with the
aforementioned  servicing criteria,  including servicing criteria 1122(d)(2)(i),
1122(d)(4)(i)  and  1122(d)(4)(ii)  for which  compliance is determined based on
Interpretation  17.06 as described  above, as of and for the twelve months ended
December 31, 2006 is fairly stated, in all material respects.


/s/ KPMG LLP
-----------------
Chicago, Illinois
February 28, 2007


<page>

                                                                         EX-34.4

            Report of Independent Registered Public Accounting Firm

The Board of Directors
The Corporate Trust Services division of Wells Fargo Bank National Association:

We have examined management's  assertion,  included in the accompanying Appendix
I, that the Document Custody section of the Corporate Trust Services division of
Wells Fargo Bank National  Association  complied with the servicing criteria set
forth in Item 1122(d) of the Securities and Exchange Commission's  Regulation AB
for  publicly-issued  (i.e.,  transaction-level  reporting  required  under  the
Securities  Exchange  Act  of  1934,  as  amended)  residential  mortgage-backed
securities and commercial  mortgage-backed securities issued on or after January
1, 2006 for which the Company provides document custody services,  excluding any
publicly  issued  transactions  issued by any government  sponsored  entity (the
Platform) as of and for the twelve  months ended  December 31, 2006.  Management
has determined that servicing  criteria  1122(d)(4)(i)  and  1122(d)(4)(ii)  are
applicable to the activities it performs with respect to the Platform,  and that
all other servicing criteria set forth in Item 1122(d) are not applicable to the
document custody services  provided by the Company with respect to the Platform.
Management is  responsible  for the Company's  compliance  with those  servicing
criteria.  Our responsibility is to express an opinion on management's assertion
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  (placecountry-regionUnited  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.

In our  opinion,  management's  assertion  that the  Company  complied  with the
aforementioned  servicing  criteria as of and for the period ended  December 31,
2006 is fairly stated, in all material respects.


/s/ KPMG LP
------------

Chicago,  Illinois
March 1, 2007


<page>

                                                                         EX-34.5


                                                      PricewaterhouseCoopers LLP
                                                              300 Madison Avenue
                                                               New York NY 10017
                                                        Telephone (646) 471-3000
                                                                     www.pwc.com

             Report of Independent Registered Public Accounting Firm


To the Stockholder of JPMorgan Chase Bank, National Association:


We  have  examined   management's   assertion,   included  in  the  accompanying
Management's  Report on  Assessment  of  Compliance  with  Applicable  Servicing
Criteria  (the  "Compliance  Statement"),  that  JPMorgan  Chase Bank,  National
Association  (the "Company")  complied with the servicing  criteria set forth in
Item 1122(d) of the  Securities and Exchange  Commission's  Regulation AB, as of
and for the year ended  December  31,  2006 (the  "Reporting  Period"),  for all
publicly  offered  residential  mortgage and home equity  mortgage  asset-backed
securities  issued on or after  January 1, 2006  through  December 31, 2006 (the
"Platform"),  excluding  criteria  set  forth in  Appendix  A to the  Compliance
Statement, which the Company has determined are not applicable to the activities
performed  by it  with  respect  to the  Platform.  Appendix  B to  management's
assertion  identifies the individual  asset-backed  transactions  and securities
defined by management as  constituting  the Platform.  Management is responsible
for the Company's compliance with the servicing criteria.  Our responsibility is
to express an opinion on management's assertion based on our examination.

Our examination was conducted in accordance with 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 applicable
servicing  criteria  and  performing  such  other  procedures  as we  considered
necessary in the  circumstances.  Our examination  included  testing of selected
asset-backed transactions and securities that comprise the Platform,  testing of
selected servicing  activities related to the Platform,  and determining whether
the Company  processed those selected  transactions and performed those selected
activities in compliance with the applicable servicing criteria.  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 detect  noncompliance  arising  from  errors that may have  occurred
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.  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.

In our  opinion,  management's  assertion  that the  Company  complied  with the
aforementioned  applicable  servicing  criteria  as of and  for the  year  ended
December 31, 2006 for all publicly offered residential  mortgage and home equity
mortgage  asset-backed  securities  issued on or after January 1, 2006 is fairly
stated, in all material respects.

/s/ PricewaterhouseCoopers LLP
------------------------------
March 14, 2007

<page>

                                                                         EX-34.6

KPMG LLP
Suite 2000
355 South Grand Avenue
Los Angeles, CA 90071-1568

             Report of Independent Registered Public Accounting Firm

The Board of Directors
Countrywide Financial Corporation:

We  have  examined  management's   assessment,   included  in  the  accompanying
Assessment of Compliance with Applicable  Servicing  Criteria,  that Countrywide
Financial Corporation and certain of its subsidiaries,  including its direct and
indirect wholly owned  subsidiaries,  Countrywide Home Loans (CHL),  Countrywide
Tax Services Corporation,  Newport Management Corporation,  and Countrywide Home
Loans  Servicing,  L.P.,  a wholly owned  subsidiary  of CHL  (collectively  the
Company)  complied with the servicing  criteria set forth in Item 1122(d) of the
Securities  and  Exchange   Commission's   Regulation  AB  for  publicly  issued
residential mortgage-backed securities (securities collateralized by residential
mortgage loans, including prime, alternative loan products, subprime, HELOC, and
closed  seconds)  issued on or after  January  1,  2006,  for which the  Company
provides cash collection and administration, investor remittances, and reporting
(except for those activities relating to trustee and paying agent services), and
pool asset  administration  (except for those  activities  relating to custodial
operations  of pool  assets  and  related  documents),  collectively  "Servicing
Functions",  excluding  any  transactions  issued  by any  government  sponsored
enterprise for which the Company  provides  Servicing  Functions (the Platform),
except for  servicing  criteria  1122(d)(1)(iii),  1122(d)(3)(i)(B),  only as it
relates to  information  other than that  contained  in the  monthly  remittance
report  delivered by the servicer to the master servicer,  trustee,  and/or bond
administrator,  and  1122(d)(3)(i)(D),  only as it relates to the agreeing  with
investors'  records as to the total unpaid principal  balance and number of pool
assets serviced by the servicer,  1122(d)(3)(ii),  only as it relates to amounts
other than  amounts  remitted by the servicer to the master  services,  trustee,
and/or bond administrator,  1122(d)(3)(iii),  1122(d)(3)(iv), 1122(d)(4)(i), and
1122(d)(4)(ii), only as 1122(d)(4)(i) and 1122(d)(4)(ii) relate to the custodial
operations  of the pool assets and related  documents  (collateral  file) by the
document  custodian  responsible for such functions for the related  transaction
and 1122(d)(4)(xv), only as it relates to Item 1115 of Regulation AB (derivative
transactions),  as of and for the year ended  December 31, 2006.  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.

In our  opinion,  management's  assessment  that the Company  complied  with the
aforementioned servicing criteria as of and for the year ended December 31, 2006
is fairly stated in all material respects.

/s/ KPMG LLP
-----------------------
Los Angeles, California
February 28, 2007

<page>

                                                                         EX-34.7

Ernst & Young LLP
8484 Westpark Drive
McLean, VA 22102

Phone: (703) 747-1000
www.ey.com


             Report of Independent Registered Public Accounting Firm

Board of Directors
GreenPoint Mortgage Funding, Inc.

We have examined  management's  assertion included in the accompanying report of
Certification  Regarding  Compliance with Applicable  Servicing  Criteria,  that
GreenPoint  Mortgage Funding,  Inc. (the "Company")  complied with the servicing
criteria set forth in Item 1122(d) of the Securities  and Exchange  Commission's
Regulation AB for the residential  mortgage loan servicing platform,  except for
the instances of material  noncompliance  described  therein,  as of and for the
year  ended  December  31,  2006,  and  except  for  criteria   1122(d)(1)(iii),
1122(d)(4)(i),  1122(d)(4)(xi),  1122(d)(4)(xii),  and 1122(d)(4)(xv), which the
Company has determined  are not  applicable to the activities  performed by them
with respect to the  servicing  platform  covered by this report.  Management is
responsible for the Company's compliance with the applicable servicing criteria.
Our responsibility is to express an opinion on management's  assertion about the
Company's  compliance  with  the  applicable  servicing  criteria  based  on our
examination.

Our  examination  was  conducted  in  accordance  with   attestation   standards
established  by the  American  Institute  of Certified  Public  Accountants,  as
adopted by the Public Company  Accounting  Oversight  Board (United States) and,
accordingly,  included examining,  on a test basis, evidence about the Company's
compliance  with the applicable  servicing  criteria 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 and as permitted by the
Interpretation  17.06 of the SEC  Division  of  Corporation  Finance  Manual  of
Publicly   Available   Telephone   Interpretations   ("Interpretation   17.06").
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.

As describer in management's assertion, for servicing criteria 1122(d)(2)(i) and
1122(d)(4)(iv),   the  Company  has  engaged  various  vendors  to  perform  the
activities required by these servicing criteria. The Company has determined that
these  vendors are not  considered  a  "servicer"  as defined in Item 1101(j) of
Regulation AB, and the Company has elected to take  responsibility for assessing
compliance with the applicable  servicing criteria  applicable to each vendor as
permitted by  Interpretation  17.06. As permitted by  Interpretation  17.06, the
Company has asserted that it has policies and  procedures  in place  designed to
provide reasonable assurance that the vendors' activities comply in all material
respects  with  servicing  criteria  applicable  to each vendor.  The Company is
solely  responsible for determining  that it meets the SEC requirements to apply
Interpretation  17.06 for the vendors and related  criteria as  described in its
assertion,  and we  performed  no  procedures  with  respect  to  the  Company's
eligibility to apply Interpretation 17.06.

Our examination  disclosed the following  material  noncompliance with servicing
criteria  1122(d)(1)(i),  1122(d)(2)(iv),  and 1122(d)(3)(ii)  applicable to the
Company's  platform  covered by this report  during the year ended  December 31,
2006.  1122(d)(1)(i)  - There were no  policies  and  procedures  instituted  to
monitor the  performance  or other triggers and events of defaults in accordance
with the transaction agreements;  1122(d)(2)(iv) - The related accounts for each
transaction  were not  separately  maintained  as set  forth in the  transaction
agreements;  and, 1122(d)(3)(ii) - Amounts due to investors were not remitted in
accordance with the timeframes set forth in the transaction agreements.

The  information  in the  Certification  Regarding  Compliance  with  Applicable
Servicing  Criteria in Item 2 of Appendix B (i.e.,  remediation  procedures)  is
presented by the Company for information purposes. Such information has not been
subjected to the procedures applied in our examination of management's assertion
as described above, and accordingly, we express no opinion on it.

In our opinion,  except for the material  noncompliance  described in the fourth
paragraph,   the  Company  complied,   in  all  material   respects,   with  the
aforementioned  servicing criteria,  including servicing criteria  1122(d)(2)(i)
and  1122(d)(4)(iv)  for which compliance is determined based on  Interpretation
17.06 as described above, as of and for the year ended December 31, 2006 for the
residential mortgage loan servicing platform.


                                                /s/ Ernst & Young LLP
                                                ---------------------
March 1, 2007


<PAGE>


                                                                        EX-34.8

                         Ernst & Young LLP              Phone (513) 612-1400
                         1900 Scripps Center            www.ey.com
                         312 Walnut Street
                         Cincinnati, Ohio 45202

            Report on Independent Registered Public Accounting Firm

Board of Directors
National City Mortgage Co.

We have examined management's assertion, included in the accompanying,
Management's Assertion on Compliance with Regulation AB Servicing Criteria, that
National City Mortgage Company ("NCM"), complied with the servicing criteria set
forth in Item 1122(d) of the Securities and Exchange Commission's Regulation AB
for the residential mortgage loan servicing platform, except for the instance of
material noncompliance described therein, as of and for the year ended December
31, 2006, and except for Item 1122(d)(1)(iii), 1122(d)(2)(i), 1122(d)(3)(i)(C),
1122(d)(4)(ii), 1122(d)(4)(iv) and 1122(d)(4)(xv), which NCM has determined are
not applicable to the activities performed by them with respect to the servicing
platform covered by this report. See Appendix A of management's assertion for
the asset backed transactions covered by this platform. Management is
responsible for NCM's compliance with the applicable servicing criteria. Our
responsibility is to express an opinion on management's assertion about NCM's
compliance with the servicing criteria based on our examination.

Our examination was conducted in accordance with attestation standards
established by the American Institute of Certified Public Accountants, as
adopted by the Public Company Accounting Oversight Board (United States) and,
accordingly, included examining, on a test basis, evidence about NCM's
compliance with the applicable servicing criteria 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 NCM
processed those selected transactions and performed those selected activities in
compliance with the servicing criteria and as permitted by the Interpretation
17.06 of the SEC Division of Corporation Finance Manual of Publicly Available
Telephone Interpretations ("Interpretation 17.06"). Furthermore, our procedures
were limited to the selected transactions and servicing activities performed by
NCM 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 NCM 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
NCM's compliance with the servicing criteria.

As described in management's assertion, for servicing criteria 1122(d)(4)(xi)
and 1122(d)(4)(xii), NCM has engaged various vendors to perform the activities
required by these servicing criteria, NCM has determined that those vendors are
not considered a "servicer" as defined in Item 1101(j) of Regulation AB, and NCM
has elected to take responsibility for assessing compliance with the applicable
servicing criteria applicable to each vendor as permitted by Interpretation
17.06. As permitted by Interpretation 17.06, NCM has asserted that it has
policies and procedures in place designed to provide reasonable assurance that
the vendors' activities comply in all material respects with servicing criteria
applicable to each vendor. NCM is solely responsible for determining that it
meets the SEC requirements to apply Interpretation 17.06 for the vendors and
related criteria as described in its assertion, and we performed no procedures
with respect to NCM's eligibility to apply Interpretation 17.06.

Our examination disclosed the following material noncompliance with servicing
criteria 1122(d)(3)(i)(A) applicable to NCM's platform covered by this report
during the year ended December 3, 2006. We noted instances in which NCM failed
to provide the master servicer with the delinquency data as set forth in the
transaction agreements.

In our opinion, except for the material noncompliance described in the above
paragraph, NCM complied, in all material respects, with the aforementioned
servicing criteria including servicing criteria 1122(d)(4)(xi) and
1122(d)(4)(xii) for which compliance is determined based on Interpretation 17.06
as described above, as of and for the year ended December 31, 2006 for the
residential mortgage loan servicing platform.

/s/ Ernst & Young LLP
---------------------
March 13, 2007
<page>


                                                                        EX-34.9

Report of Independent Registered Public Accounting Firm

The Board of Members
Regulus Group LLC:

We have examined management's assessment for those customers that management has
informed  us  have  requested  confirmation  of  compliance,   included  in  the
accompanying  Report on Assessment of  Compliance  with  Regulation AB Servicing
Criteria,  that Regulus Group LLC complied with the servicing criteria set forth
in  Item  1122(d)(2)(i)  and  1122(d)(4)(iv)  of  the  Securities  and  Exchange
Commission's  Regulation AB for remittance  processing services to those issuers
of asset backed securities and servicers of loan and/or  receivables  portfolios
that include pool assets for asset backed securities  transaction (the Platform)
as of and for the year ended December 31, 2006. Regulus Group LLC has determined
that  the  remainder  of  the  servicing  criteria  are  not  applicable  to the
activities it performs with respect to the Platform as of and for the year ended
December 31, 2006.  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.

In our  opinion,  management's  assessment  that the Company  complied  with the
aforementioned servicing criteria as of and for the year ended December 31, 2006
is fairly stated, in all material respects.

/s/ KPMG  LLP
---------------

Philadelphia,  PA
February 22, 2007


<page>
                                                                       EX-34.10

Deloitte & Touche LLP
1700 Market Street
Philadelphia, PA  19103-3984
USA

Tel: +1 215 246 2300
Fax: +1 215 569 2441
www.deloitte.com

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To PHH Mortgage Corporation:

We have examined PHH Mortgage  Corporation's  (the "Company's")  compliance with
the servicing criteria set forth in Item 1122 (d) of the Securities and Exchange
Commission's Regulation AB for PHH Mortgage Corporation's Regulation AB Platform
(the "Platform") described in the accompanying Management's Report on Assessment
of Compliance with Regulation AB Servicing Criteria as of and for the year ended
December  31,  2006,   excluding   criteria  1122   (d)(l)(iii),   (d)(3)(i)(C),
(d)(4)(ii),  and (d)(4)(xv),  which management has determined are not applicable
to the  activities  performed  by the  Company  with  respect  to the  Platform.
Management  is  responsible  for the  Company's  compliance  with the  servicing
criteria.  Our responsibility is to express an opinion on the Company's
compliance with the servicing criteria based on our examination.

Our  examination  was  conducted  in  accordance  with   attestation   standards
established by the American Institute of Certified Public Accountants as adopted
by  the  Public  Company   Accounting   Oversight  Board  (United  States)  and,
accordingly,  included examining,  on a test basis, evidence about the Company's
compliance with the applicable  servicing criteria,  including tests on a sample
basis of the servicing  activities related to the Platform,  determining whether
the Company performed those selected activities in compliance with the servicing
criteria during the specified  period and performing such other procedures as we
considered  necessary  in the  circumstances.  Our  procedures  were  limited to
selected servicing activities performed by the Company during the period covered
by this report and,  accordingly,  such samples may not have included  servicing
activities  related to each asset-backed  transaction  included in the Platform.
Further,  an  examination is not designed to detect  noncompliance  arising from
errors that may have occurred prior to the period  specified above that may have
affected the balances or amounts  calculated  or reported by the Company  during
the period covered by this report.  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.

As described in management's assertion,  for servicing criteria 1122 (d)(4)(vii)
and (d)(4)(xi),  the Company has engaged a vendor to perform certain  activities
required by this servicing criteria. The Company has determined that this vendor
is not  considered a "servicer" as defined in Item 1101(j) of Regulation AB, and
the Company has elected to take responsibility for assessing compliance with the
servicing  criteria  applicable  to this vendor as permitted  by  Interpretation
17.06 of the SEC Division of Corporation  Finance  Manual of Publicly  Available
Telephone   Interpretations    ("Interpretation   17.06").   As   permitted   by
Interpretation  17.06,  the  Company  has  asserted  that  it has  policies  and
procedures in place designed to provide  assurance that the vendor's  activities
comply in all material respects with the servicing  criteria  applicable to this
vendor.  The Company is solely responsible for determining that it meets the SEC
requirements to apply  Interpretation  17.06 for the vendor and related criteria
as described in its  assertion,  and we performed no procedures  with respect to
the Company's determination of its eligibility to use Interpretation 17.06.

Our examination  disclosed the following  material  noncompliance  with criteria
applicable to the Company during the year ended December 31, 2006:

Standard            Description

1122(d)(l)(i)       The Company has not  instituted  policies and  procedures to
                    specifically monitor performance or other triggers or events
                    of default stated in the transaction agreements

1122(d)(1)(iv)      During  the  months  of July,  August,  and  September,  the
                    Company's  minimum  coverage  requirement  exceeded its $160
                    million fidelity bond by amounts ranging up to approximately
                    $1.3 million.  Effective  September 27, 2006,  the Company's
                    fidelity bond was increased to $170 million.

1122(d)(3)(i)(A)    The Company did not  maintain or provide one of the required
                    monthly reports stated in the transaction  agreements during
                    the year

1122(d)(3)(i)(D)    The Company did not perform  procedures  to agree the unpaid
                    principal  balance  and  number  of  loans  serviced  by the
                    Company with that of the investor and trustees

In our opinion, except for the material noncompliance described in the preceding
paragraph,   the  Company  complied,   in  all  material   respects,   with  the
aforementioned  applicable servicing criteria for the PHH Mortgage Corporation's
Regulation AB Platform as of and for the year ended December 31, 2006.


/s/ Deloitte & Touche LLP
---------------------------
February 28, 2007

<page>


                                                                         EX-35.1


                                    JPMorgan

                         Servicer Compliance Statement
                   JPMorgan Chase Bank, N.A., Master Servicer

     A review of the activities of JPMorgan Chase Bank, N.A., as Master Servicer
for the transactions  listed on the attached Exhibit A, during the calendar year
ending December 31, 2006, and of its performance under the applicable  servicing
agreements has been made under the undersigned officer's supervision.

     To the  best of my  knowledge,  based  on such  review,  the  servicer  has
fulfilled all of its obligations  under the agreements in all material  respects
throughout the reporting period.


/s/ Kathleen M. McDonnell                       March 9, 2007
-------------------------
Kathleen M. McDonnell
Vice President
JPMorgan Chase Bank, N.A.
Master Servicing

                                   Exhibit A

         GSAA Home Equity Trust 2006-1, Agreement dated January 1, 2006
        GSAA Home Equity Trust 2006-3, Agreement dated February 1, 2006
          GSAA Home Equity Trust 2006-5, Agreement dated March 1, 2006
         GSR Mortgage Loan Trust 2006-4F, Agreement dated April 1, 2006
          GSAA Home Equity Trust 2006-6, Agreement dated April 1, 2006
           GSAA Home Equity Trust 2006-9, Agreement dated May 1, 2006
          GSAA Home Equity Trust 2006-12, Agreement dated July 1, 2006


<page>

                                                                         EX-35.2
Countrywide Home Loans
400 Countrywide Way
Simi Valley, California 93065-6298

March 5, 2007

CHASE
6525 W CAMPUS OVAL 200
NEW ALBANY, OH 43054

                              OFFICER'S CERTIFICATE

I, Joseph  Candelario,  hereby certify that I am the First Vice President,  Loan
Administration  of  Countrywide  Home  Loans,  Inc.,  fka  Countrywide   Funding
Corporation.  I further  certify,  with respect to the Servicing  Agreements for
Countrywide Mortgage Obligations, Inc., the following:

I have reviewed the activities and performance of the Servicer during the fiscal
year  ended  December  31,  2006  under the  Agreements  and,  to the best of my
knowledge,  based on my review,  the Servicer has  fulfilled  all of its duties,
responsibilities or obligations under the Agreements throughout the fiscal year.


By: /s/ Joseph Candelario                       March 5, 2007
    ----------------------                      Date
    Joseph Candelario
    First Vice President
    Compliance Officer
    Loan Administration


                                    Exhibit A
                          Securitization Transaction(s)
                             ----------------------
                               GSAA 2006-1 (SUB)
                               GSAA 2006-12
                               GSAA 2006-3 (SUB)
                               GSAA 2006-5
                               GSAA 2006-5 (SUB)
                               GSAA 2006-6 SUB
                               GSAA 2006-9 (SUB)
                               GSAA 2006-3
                               GSAA 2006-9
                               GSR 2006-4F (SUB)


<page>

                                                                         EX-35.3

                        GREENPOINT MORTGAGE FUNDING, INC.

                          SERVICER COMPLIANCE STATEMENT

                                  GSAA 2006-12


     I, Michael De  Francesco,  an  authorized  officer of  GreenPoint  Mortgage
Funding, Inc. (the "Servicer"), certify that:

     1.   A review  of the Servicer's  activities  during  the  period  from and
including January 1, 2006 through and including December 31, 2006 (or applicable
portion  thereof)  and  of  the  Servicer's  performance  under  the  applicable
servicing agreement has been made under my supervision.

     2.   To the best of my  knowledge, based on such  review, the  Servicer has
fulfilled all of its obligations under the applicable servicing agreement in all
material respects throughout such period.

     Capitalized terms used but not defined herein have the meanings ascribed to
them in the Agreement.

Date:   February 28, 2007

        /s/ Michael De Francesco
        ------------------------------------------
        Michael De Francesco
        Senior Vice President, Loan Administration

<page>

                                                                         EX-35.4


                                   National City Mortgage Co.
                                   A Subsidiary of National City Bank of Indiana
                                   3232 Newmark Drive  .  Miamisburg, Ohio 45342
                                   Telephone: (937) 910-1200

                                   Mailing Address:
                                   P.O. Box 1820
                                   Dayton, Ohio 45401-1820


                          Service Compliance Statement

RE:  See attached for series (Exhibit A)

     I, T. Jackson Case, Jr., hereby certify to J.P. Morgan Mortgage Acquisition
Corp.,  that I am a duly  elected  Executive  Vice  President  of National  City
Mortgage Corporation (the "Company"),  a corporation organized under the laws of
the State of Ohio and further as follows:

(i)  A review of the  Company's  activities as servicer  during the  immediately
     preceding  calendar  year  (or  applicable  portion  thereof)  and  of  its
     performance under the Agreement and any applicable Reconstitution Agreement
     during such period has been made under such officer's supervision, and

(ii) to the best of such officers' knowledge,  based on such review, the Company
     has fulfilled all of its obligations under the Agreement and any applicable
     Reconstitution  Agreement in all material respects throughout such calendar
     year  (or applicable  portion  thereof).


National City Mortgage Co.

Certified By:  /s/  T. Jackson Case, Jr.      Date:  2/14/2007
               -------------------------             ---------
Name:          T. Jackson Case, Jr.

Title:         Executive Vice President


                                   EXHIBIT A
                                -----------------


                            EXHIBIT A
                            ----------
V37     GSAA 2006-11                    898     GSR 2004-13F
V39     GSAA 2006-12                    X03     GSR 2004-14
V42     GSAA 2006-14                    823     GSR 2004-7
V41     GSAA 2006-16                    826     GSR 2004-9
V55     GSAA 2006-20                    W47     GSAA 2005-11
V07     GSAA 2006-3                     W69     GSA 2005-14
V11     GSAA 2006-5                     W75     GSAA 2005-15
V30     GSAA 2006-9                     X98     GSAA 2005-6
V43     GSR 2006-8F                     W13     GSAA 2005-7
V47     GSR 2006-9F                     W25     GSAA 2005-9
V05     GSR 2006-AR1                    X72     GSR 2005-2F
V18     GSR 2006-AR2                    X80     GSR 2005-3F
212     Goldman Sachs Mtg Co            X83     GSR 2005-4F
912     Goldman Sachs Mortgage Co.      W05     GSR 2005-5F
909     GSR 2003-1                      W19     GSR 2005-6F
910     GSR 2003-2F                     W44     GSR 2005-7F
919     GSR 2003-3F                     W59     GSR 2006-8F
928     GSR 2003-4F                     X88     GSR 2005-AR2
952     GSR 2003-7F                     X89     GSR 2005-AR3
965     GSR 2003-9                      W18     GSR 2005-AR4
952     GSR 2004-3F                     W31     GSR 2005-AR5
965     GSR 2004-6F                     W61     GSR 2005-AR7
864     GSAA 2004-7                     X56     GSR 2005-AR1
826     GSR 2004-10F
826     GSR 2004-11
826     GSR 2004-12



<page>
                                                                         EX-35.5
PHH Mortgage
3000 Leadenhall Road
Mt. Laurel, NJ 08054

March 7, 2007

JP Morgan Chase Bank, N.A.
Annette M. Marsula
4 New York Plaza
6th Floor
New York, NY  10004

Re:  Servicer Compliance Statement

Deal Name:  GSAA 2006-12

Dear Sir and/or Madame:

This statement of compliance is being provided in accordance with Item 1123 of
Regulation AB.  The Undersigned hereby states that:

     1.  I am an authorized officer of PHH Mortgage Corporation (the
         "Servicer");

     2.  A review of the Servicer's activities during the period from 07/28/2006
         (the "Reporting Period") and its performance under the Agreement has
         been made under my supervision; and

     3.  To the best of my knowledge, based on such review, except as
         described in section 3(a) hereto, the Servicer has fulfilled all of
         its obligations under the Agreement in all material respects
         throughout the Reporting Period.

         a.  The Servicer did not maintain or provide one of the required
             monthly reports, specifically the S5L2 Fidelity report, as
             stated in the transaction agreement(s) for the Reporting period
             shown in section 2 of this statement.

By:/s/ Deborah A. Rocchi
   ---------------------
Name:  Deborah A. Rocchi
Title: Assistant Vice President