Exhibit 33.1

                                 [Ocwen LOGO]

      Certification Regarding Compliance with Applicable Servicing Criteria

1.    Ocwen Loan Servicing, LLC ("Ocwen") 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 Ocwen acted as servicer
      involving residential mortgage loans other than transactions closing prior
      to the effective date of Regulation AB (the "Platform") as set forth in
      Appendix B hereto;

2.    Ocwen has engaged certain vendors (the "Vendors") to perform specific,
      limited or scripted activities, and Ocwen 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, Ocwen 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 Ocwen based on the activities it
      performs, directly or through its Vendors, with respect to the Platform;

5.    Ocwen 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;

6.    Ocwen 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.    Ocwen 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.    Crowe Chizek and Company LLC, a registered public accounting firm, has
      issued an attestation report on Ocwen's assessment of compliance with the
      applicable servicing criteria for the Reporting Period.

March 8, 2007

                                                       Ocwen Loan Servicing, LLC


                                                       By: /s/ Ronald M. Faris
                                                           ---------------------
                                                           Name: Ronald M. Faris
                                                           Title: President

<PAGE>

                                   APPENDIX A

<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------------------
                                                                                               INAPPLICABLE
                                                                APPLICABLE SERVICING            SERVICING
                         SERVICING CRITERIA                           CRITERIA                   CRITERIA
----------------------------------------------------------------------------------------------------------------------
                                                                                        Performed by
                                                                                       subservicer(s)       NOT
                                                                      Performed by      or vendor(s)    performed by
                                                                      Vendor(s) for       for which      Ocwen or by
                                                                       which Ocwen        Ocwen is     subservicer(s)
                                                         Performed       is the           NOT the       or vendor(s)
                                                         Directly      Responsible      Responsible     retained by
Reference                    Criteria                    by Ocwen         Party           Party           Ocwen
-----------------------------------------------------------------------------------------------------------------------
                    General Servicing Considerations
-----------------------------------------------------------------------------------------------------------------------
<S>                 <C>                                   <C>         <C>                 <C>              <C>
1122(d)(1)(i)       Policies and procedures are            X
                    instituted to monitor any
                    performance or other triggers
                    and events of default in
                    accordance with the
                    transaction agreements.
-----------------------------------------------------------------------------------------------------------------------
1122(d)(1)(ii)      If any material servicing              X
                    activities are outsourced to
                    third parties,
                    policies and procedures are
                    instituted to monitor the
                    third party's
                    performance and compliance
                    with such servicing activities.
-----------------------------------------------------------------------------------------------------------------------
1122(d)(1)(iii)     Any requirements in the                                                                X
                    transaction agreements to
                    maintain a back-up
                    servicer for the pool
                    assets are maintained.
-----------------------------------------------------------------------------------------------------------------------
1122(d)(1)(iv)      A fidelity bond and errors             X
                    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 transaction agreements.
-----------------------------------------------------------------------------------------------------------------------
                    Cash Collection and
                    Administration
-----------------------------------------------------------------------------------------------------------------------
1122(d)(2)(i)       Payments on pool assets are           X(1)                            X(1)
                    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 agreements.
-----------------------------------------------------------------------------------------------------------------------
1122(d)(2)(ii)      Disbursements made via wire            X
                    transfer on behalf of an
                    obligor or to an investor are
                    made only by authorized
                    personnel.
-----------------------------------------------------------------------------------------------------------------------
1122(d)(2)(iii)     Advances of funds or                   X
                    guarantees regarding
                    collections, 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.
-----------------------------------------------------------------------------------------------------------------------
1122(d)(2)(iv)      The related accounts for the           X
                    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
                    transaction agreements.
-----------------------------------------------------------------------------------------------------------------------
1122(d)(2)(v)       Each custodial account is              X
                    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
                    Securities Exchange Act.
-----------------------------------------------------------------------------------------------------------------------
</TABLE>

----------
(1)   Both Regulus Group LLC and Ocwen perform aspects of this servicing
      criteria. Regulus is responsible for depositing any checks received into
      the payment deposit account. Ocwen is responsible for other forms of
      payments, and the sweeping of funds deposited in the payment deposit
      account to the appropriate deal level custodial bank accounts.


                                       A-l

<PAGE>

<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------------------
                                                                                               INAPPLICABLE
                                                                APPLICABLE SERVICING            SERVICING
                         SERVICING CRITERIA                           CRITERIA                   CRITERIA
----------------------------------------------------------------------------------------------------------------------
                                                                                        Performed by
                                                                                       subservicer(s)       NOT
                                                                      Performed by      or vendor(s)    performed by
                                                                      Vendor(s) for       for which      Ocwen or by
                                                                       which Ocwen        Ocwen is     subservicer(s)
                                                         Performed       is the           NOT the       or vendor(s)
                                                         Directly      Responsible      Responsible     retained by
Reference                    Criteria                    by Ocwen         Party           Party           Ocwen
-----------------------------------------------------------------------------------------------------------------------
<S>                <C>                                    <C>       <C>                  <C>         <C>
1122(d)(2)(vi)     Unissued checks are                    X(2)                            X(2)
                   safeguarded so as to
                   prevent unauthorized access.
-----------------------------------------------------------------------------------------------------------------------
1122(d)(2)(vii)    Reconciliations are prepared            X
                   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 transaction
                   agreements.
-----------------------------------------------------------------------------------------------------------------------
                   Investor Remittances and Reporting
-----------------------------------------------------------------------------------------------------------------------
1122(d)(3)(i)      Reports to investors,                  X(3)
                   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 pool assets
                   serviced by the Servicer.
-----------------------------------------------------------------------------------------------------------------------
1122(d)(3)(ii)     Amounts due to investors are           X(3)
                   allocated and remitted in
                   accordance with timeframes,
                   distribution priority and
                   other terms set forth in the
                   transaction agreements.
-----------------------------------------------------------------------------------------------------------------------
1122(d)(3)(iii)    Disbursements made to an               X(3)
                   investor are posted within two
                   business days to the
                   Servicer's investor records,
                   or such other number of days
                   specified in the transaction
                   agreements.
-----------------------------------------------------------------------------------------------------------------------
1122(d)(3)(iv)     Amounts remitted to investors          X(3)
                   per the investor reports agree with
                   cancelled checks, or other form of
                   payment, or custodial bank
                   statements.
-----------------------------------------------------------------------------------------------------------------------
</TABLE>

----------
(2)   Assurant, Inc. and Ocwen each issue checks and maintain unissued checks.
      Assurant issues checks for the insurance advances, while Ocwen issues all
      other checks.

(3)   Ocwen has determined for purposes of assessing the servicing criteria
      listed in Items 1122(d)(3(1)-(iv) that, pursuant to the Securities and
      Exchange Commission Telephone Interpretation 11.03, the term "investor" as
      used in those Items does not pertain to the entity to which Ocwen provides
      the applicable information (i.e. Master Servicer, Trustee, etc.) and
      includes certificate and bond holders. Consequently, the information
      regarding such Items provided herein relates to Ocwen's provision of such
      information to the entity who ultimately disseminates such information to
      the investors.


                                       A-2

<PAGE>

<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------------------
                                                                                               INAPPLICABLE
                                                                APPLICABLE SERVICING            SERVICING
                         SERVICING CRITERIA                           CRITERIA                   CRITERIA
----------------------------------------------------------------------------------------------------------------------
                                                                                        Performed by
                                                                                       subservicer(s)       NOT
                                                                      Performed by      or vendor(s)    performed by
                                                                      Vendor(s) for       for which      Ocwen or by
                                                                       which Ocwen        Ocwen is     subservicer(s)
                                                         Performed       is the           NOT the       or vendor(s)
                                                         Directly      Responsible      Responsible     retained by
Reference                    Criteria                    by Ocwen         Party           Party           Ocwen
-----------------------------------------------------------------------------------------------------------------------
<S>                <C>                                   <C>        <C>                  <C>         <C>
                   Pool Asset Administration
-----------------------------------------------------------------------------------------------------------------------
1122(d)(4)(i)      Collateral or security on pool          X
                   assets is maintained as
                   required by the transaction
                   agreements or related mortgage
                   loan documents.
-----------------------------------------------------------------------------------------------------------------------
1122(d)(4)(ii)     Pool asset and related documents        X
                   are safeguarded as required by the
                   transaction agreements
-----------------------------------------------------------------------------------------------------------------------
1122(d)(4)(iii)    Any additions, removals or              X
                   substitutions to the asset
                   pool are made, reviewed and
                   approved in accordance with
                   any conditions or requirements
                   in the transaction agreements.
-----------------------------------------------------------------------------------------------------------------------
1122(d)(4)(iv)     Payments on pool assets,               X(4)                           X(4)
                   including any payoffs, made in
                   accordance with the related pool
                   asset 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 pool
                   asset documents.
-----------------------------------------------------------------------------------------------------------------------
1122(d)(4)(v)      The Servicer's records                  X
                   regarding the pool assets
                   agree with the Servicer's
                   records with respect to an
                   obligor's unpaid principal
                   balance.
-----------------------------------------------------------------------------------------------------------------------
1122(d)(4)(vi)     Changes with respect to the             X
                   terms or status of an obligor's
                   pool assets (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.
-----------------------------------------------------------------------------------------------------------------------
ll22(d)(4)(vii)    Loss mitigation or recovery             X
                   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
                   the transaction agreements.
-----------------------------------------------------------------------------------------------------------------------
1122(d)(4)(viii)   Records documenting collection          X
                   efforts are maintained during
                   the period a pool asset 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 pool
                   assets including, for example,
                   phone calls, letters and payment
                   rescheduling plans in cases
                   where delinquency is deemed
                   temporary (e.g., illness or
                   unemployment).
-----------------------------------------------------------------------------------------------------------------------
1122(d)(4)(ix)     Adjustments to interest rates           X
                   or rates of return for pool
                   assets with variable rates are
                   computed based on the related
                   pool asset documents.
-----------------------------------------------------------------------------------------------------------------------
</TABLE>

----------
(4)   Regulus transmits a daily data file that represents payments received for
      the current day to Ocwen, Ocwen then loads the data file received from
      Regulus in its servicing system, which then applies the funds in
      accordance with the terms of the related transaction agreements.


                                       A-3

<PAGE>

<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------------------
                                                                                               INAPPLICABLE
                                                                APPLICABLE SERVICING            SERVICING
                         SERVICING CRITERIA                           CRITERIA                   CRITERIA
----------------------------------------------------------------------------------------------------------------------
                                                                                        Performed by
                                                                                       subservicer(s)       NOT
                                                                      Performed by      or vendor(s)    performed by
                                                                      Vendor(s) for       for which      Ocwen or by
                                                                       which Ocwen        Ocwen is     subservicer(s)
                                                         Performed       is the           NOT the       or vendor(s)
                                                         Directly      Responsible      Responsible     retained by
Reference                    Criteria                    by Ocwen         Party           Party           Ocwen
-----------------------------------------------------------------------------------------------------------------------
<S>                <C>                                     <C>       <C>               <C>                <C>
1122(d)(4)(x)      Regarding any funds held in              X
                   trust for an obligor (such as
                   escrow accounts): (A) such
                   funds are analyzed, in
                   accordance with the obligor's
                   pool asset 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 pool
                   asset documents and state laws;
                   and (C) such funds are returned
                   to the obligor within 30
                   calendar days of full repayment
                   of the related pool assets, or
                   such other number of days
                   specified in the transaction
                   agreements.
-----------------------------------------------------------------------------------------------------------------------
1122(d)(4)(xi)     Payments made on behalf of an            X(5)                       X(5)
                   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
                   transaction agreements.
-----------------------------------------------------------------------------------------------------------------------
1122(d)(4)(xii)    Any late payment penalties in            X(6)                       X(6)
                   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
                   was due to the obligor's error or
                   omission.
-----------------------------------------------------------------------------------------------------------------------
1122(d)(4)(xiii)   Disbursements made on behalf of          X(7)                       X(7)
                   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 transaction
                   agreements.
-----------------------------------------------------------------------------------------------------------------------
1122(d)(4)(xiv)    Delinquencies, charge-offs                X
                   and uncollectible accounts
                   are recognized and recorded
                   in accordance with the
                   transaction agreements.
-----------------------------------------------------------------------------------------------------------------------
1122(d)(4)(xv)     Any external enhancement or                                                            X
                   other support, identified in Item
                   1114(a)(1) through (3) or Item 1115
                   of Regulation AB, is maintained as
                   set forth in the transaction
                   agreements.
-----------------------------------------------------------------------------------------------------------------------
</TABLE>

----------
(5)   Assurant, Inc. and First American Real Estate Solutions of Texas, L.P.
      ("First American") transmit daily data files for insurance and taxes,
      respectively, which represent payments received for the current day to
      Ocwen. Ocwen loads the data files into its servicing system, which records
      the disbursements in the system and then sends the applicable funds via
      mail or wire.

(6)   First American identifies late payments and includes them as part of the
      daily data transmissions. Ocwen identifies late payments in the data
      transmissions and credits to the borrower's applicable account on its
      servicing system. Ocwen also maintains control reports to identify any
      late payments not identified by First American.

(7)   First American transmits daily data files that represent disbursements
      required to be made by Ocwen. Ocwen loads the stat file into its servicing
      system and records the disbursements on the system.


                                       A-4

<PAGE>

                                   APPENDIX B

--------------------------------------------------------------------------------
                           Deal Name
--------------------------------------------------------------------------------
ACE Securities Corp. Home Equity Loan Trust, Series 2006-ASAP2
--------------------------------------------------------------------------------
ACE Securities Corp. Home Equity Loan Trust, Series 2006-SL1
--------------------------------------------------------------------------------
ACE Securities Corp. Home Equity Loan Trust, Series 2006-SL2
--------------------------------------------------------------------------------
ACE Securities Corp. Home Equity Loan Trust, Series 2006-ASAP3
--------------------------------------------------------------------------------
ACE Securities Corp. Home Equity Loan Trust, Series 2006-ASAP4
--------------------------------------------------------------------------------
ACE Securities Corp. Home Equity Loan Trust, Series 2006-ASAP5
--------------------------------------------------------------------------------
ACE Securities Corp. Home Equity Loan Trust, Series 2006-ASAP6
--------------------------------------------------------------------------------
ACE Securities Corp. Home Equity Loan Trust, Series 2006-ASL1
--------------------------------------------------------------------------------
ACE Securities Corp. Home Equity Loan Trust, Series 2006-HE1
--------------------------------------------------------------------------------
ACE Securities Corp. Home Equity Loan Trust, Series 2006-HE2
--------------------------------------------------------------------------------
ACE Securities Corp. Home Equity Loan Trust, Series 2006-HE3
--------------------------------------------------------------------------------
ACE Securities Corp. Home Equity Loan Trust, Series 2006-HE4
--------------------------------------------------------------------------------
ACE Securities Corp. Home Equity Loan Trust, Series 2006-SD1
--------------------------------------------------------------------------------
ACE Securities Corp. Home Equity Loan Trust, Series 2006-SD2
--------------------------------------------------------------------------------
ACE Securities Corp. Home Equity Loan Trust, Series 2006-SD3
--------------------------------------------------------------------------------
ACE Securities Corp. Home Equity Loan Trust, Series 2006-SL3
--------------------------------------------------------------------------------
BanCap Asset Securitization Issuance Corporation, Mortgage Loan Asset
--------------------------------------------------------------------------------
Bravo Mortgage Asset Backed Pass-Through Certificates, Series 2006-1
--------------------------------------------------------------------------------
Citigroup Mortgage Loan Trust Inc. Asset-Backed Pass-Through
Certificates, Series 2006-HE3
--------------------------------------------------------------------------------
CS Home Equity Mortgage Trust Series 2006-3
--------------------------------------------------------------------------------
CS Home Equity Mortgage Trust Series 2006-4
--------------------------------------------------------------------------------
CS Home Equity Mortgage Trust Series 2006-5
--------------------------------------------------------------------------------
CSFB Home Equity Asset Trust 2006-2
--------------------------------------------------------------------------------
CS Home Equity Mortgage Trust Series 2006-1
--------------------------------------------------------------------------------
CS Home Equity Mortgage Trust Series 2006-2
--------------------------------------------------------------------------------
Credit Suisse Seasoned Loan Trust 2006-1
--------------------------------------------------------------------------------
GSAA Home Equity Trust 2006-S1
--------------------------------------------------------------------------------
GSAMP Trust 2006-NC2
--------------------------------------------------------------------------------
GSAMP Trust 2006-S2
--------------------------------------------------------------------------------
GSAMP Trust 2006-S3
--------------------------------------------------------------------------------
GSAMP Trust 2006-S4
--------------------------------------------------------------------------------
GSAMP Trust 2006-S5
--------------------------------------------------------------------------------
GSAMP Trust 2006-S6
--------------------------------------------------------------------------------
GSAMP Trust 2006-SD2
--------------------------------------------------------------------------------
GSAMP Trust 2006-SD3
--------------------------------------------------------------------------------
GSAMP Trust 2006-SEA1
--------------------------------------------------------------------------------
GSRPM Mortgage Loan Trust 2006-2
--------------------------------------------------------------------------------


                                       B-1