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**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**

**[        ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND      EXCHANGE ACT OF 1934**

|   | Delaware                                                                                    |   | 20-0842986                                                         |   |
|--------|---------------------------------------------------------------------------------------------|--------|--------------------------------------------------------------------|--------|
|   | (State                or other jurisdiction ofincorporation                or organization) |   | (I.R.S.                Employer Identification                No.) |   |

|   | o                Yes |   | x No |
|--------|----------------------|--------|-----------|

|   | o                Yes |   | x                No |
|--------|----------------------|--------|---------------------|

|   | x                Yes |   | o                No |
|--------|----------------------|--------|---------------------|

| Large                accelerated filer o | Accelerated                filer o |  Non-accelerated                filer x |
|------------------------------------------|------------------------------------|----------------------------------------------|

**DOCUMENTS      INCORPORATED BY REFERENCE**

**PART        I**

**Item        1. Business. **

**Item        1A. Risk Factors.**

**Item        1B. Unresolved Staff Comments.**

**Item        2. Properties.**

**Item        3. Legal Proceedings. **

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

**PART        II**

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

**Item        6. Selected Financial Data.**

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

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

**Item        8. Financial Statements and Supplementary Data.**

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

**Item        9A. Controls and Procedures.**

**Item        9A(T). Controls and Procedures.**

**Item        9B. Other Information.**

**PART        III**

**Item        10. Directors, Executive Officers and Corporate        Governances.**

**Item        11. Executive Compensation.**

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

**Item        13. Certain Relationships and Related Transactions, and Director Independences.        **

**Item        14. Principal Accounting Fees and Services.**

**ADDITIONAL        DISCLOSURE ITEMS UNDER REGULATION AB**

**Item          1112(b) of Regulation AB. Significant Obligors Financial          Information.**

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

**Item          1117 of Regulation AB. Legal Proceedings**

**Item          1119 of Regulation AB. Affiliations and Certain Relationships and Related          Transactions**

**Item          1122 of Regulation AB. Compliance with Applicable Servicing          Criteria.**

**Item          1123 of Regulation AB. Servicer Compliance Statement**

**PART      IV**

**Item        15. Exhibits, Financial Statement Schedules.**

| **Exhibit                    Number** | **Description**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|---------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 4.1                                   | Pooling                    and Servicing Agreement, dated as of January 1, 2006, among Bear                    Stearns                    Asset Backed Securities I LLC, as depositor, EMC Mortgage Corporation,                    as                    sponsor and as company, LaSalle Bank National Association, as                    master                    servicer and as securities administrator, and Citibank, N.A,                    as trustee.                    (As previously filed on Form 8-K filed on February 15, 2006 and                    on Form                    8-K/A filed on October 18, 2006 and is hereby incorporated by                    reference                    into this report on Form 10-K)                                                  |
| 10.1                                  | Assignment,                    Assumption and Recognition Agreement made as of January 30, 2006,                    among                    EMC Mortgage Corporation as Assignor, Citibank, N.A., not individually                    but                    solely as trustee for the holders of the SACO I Trust 2006-2,                    Mortgage                    Pass-Through Certificates, Series 2006-2 as Assignee and First                    Tennessee                    Mortgage Services, Inc.                                                                                                                                                                                                                                                                               |
| 10.2                                  | Purchase,                    Warranties and Servicing Agreement, dated as of September 1,                    2003 and is                    executed among EMC MORTGAGE CORPORATION, as Purchaser, (the "Purchaser"),                    FIRST TENNESSEE MORTGAGE SERVICES, INC., as servicer (the “Servicer”) and                    FIRST HORIZON HOME LOAN CORPORATION, as seller (the “Seller”) (the                    Servicer and the Seller together referred to as the                    "Company")                                                                                                                                                                                                                                                           |
| 10.3                             | Amendment                    No. 1, effective as of May 14, 2004, amends the Purchase, Warranties                    and                    Servicing Agreement among EMC Mortgage Corporation (the “Purchaser”),                    First Tennessee Mortgage Services, Inc., as servicer (the “Servicer”) and                    First Horizon Home Loan Corporation (the “Seller”, and together with the                    Servicer, the “Company”), previously entered into as of September 1, 2003                    (the “Agreement”).                                                                                                                                                                                       |
| 10.4                                  | Amendment                    No. 2, effective as of June 16, 2005, amends the Purchase, Warranties                    and                    Servicing Agreement among EMC Mortgage Corporation (the “Purchaser”),                    First Tennessee Mortgage Services, Inc., as servicer (the “Servicer”) and                    First Horizon Home Loan Corporation (the “Seller”, and together with the                    Servicer, the “Company”), previously entered into as of September 1, 2003                    (the “Agreement”), as previously amended.                                                                                                                                                               |
| 10.5                                  | Amendment                    No. 3, effective as of August 8, 2005, amends the Purchase, Warranties                    and                    Servicing Agreement among EMC Mortgage Corporation (the “Purchaser”),                    First Tennessee Mortgage Services, Inc., as servicer (the “Servicer”) and                    First Horizon Home Loan Corporation (the “Seller”, and together with the                    Servicer, the “Company”), previously entered into as of September 1, 2003                    (the “Agreement”), as previously amended.                                                                                                                                                              |
| 10.6                                  | Amendment                    No. 4 is made and entered into this 22nd                    day of December, 2005, by and among EMC Mortgage Corporation,                    a Delaware                    corporation, as purchaser (the “Purchaser”) and First Tennessee Mortgage                    Services, Inc., as servicer (the “Servicer”) and First Horizon Home Loan                    Corporation (the “Seller”, and together with the Servicer, the “Company”)                    in connection with the Purchase, Warranties and Servicing Agreement,                    dated                    as of September 1, 2003, between the above mentioned parties                    (the                    “Agreement”). |
| 31                                    | Sarbanes-Oxley                    Certification                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 33(a)                                 | Report                    on assessment of compliance with servicing criteria for asset-backed                    securities, LaSalle Bank National Association, as Master                    Servicer                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
| 33(b)                                 | Report                    on assessment of compliance with servicing criteria for asset-backed                    securities, EMC Mortgage Corporation, as Company                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 33(c)                                 | Report                    on assessment of compliance with servicing criteria for asset-backed                    securities, LaSalle Bank National Association, as Securities                    Administrator and Custodian                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 33(d)                                 | Report                    on assessment of compliance with servicing criteria for asset-backed                    securities,  Wells Fargo Bank, NA, as Custodian                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
| 33(e)                                 | Report                    on assessment of compliance with servicing criteria for asset-backed                    securities, LandAmerica Tax and Flood Services, Inc., as servicing                    function participant                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| 33(f)                                 | Report                    on assessment of compliance with servicing criteria for asset-backed                    securities, Assurant, Inc., as servicing function                    participant                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 34(a)                                 | Attestation                    report on assessment of compliance with servicing criteria for                    asset-backed securities, LaSalle Bank National Association, as                    Master                    Servicer                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| 34(b)                                 | Attestation                    report on assessment of compliance with servicing criteria for                    asset-backed securities, EMC Mortgage Corporation, as                    Company                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
| 34(c)                                 | Attestation                    report on assessment of compliance with servicing criteria for                    asset-backed securities, LaSalle Bank National Association, as                    Securities Administrator and Custodian                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
| 34(d)                                 | Attestation                    report on assessment of compliance with servicing criteria for                    asset-backed securities, Wells Fargo Bank, NA, as                    Custodian                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 34(e)                                 | Attestation                    report on assessment of compliance with servicing criteria for                    asset-backed securities, LandAmerica Tax and Flood Services,                    Inc., as                    servicing function participant                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 34(f)                                 | Attestation                    report on assessment of compliance with servicing criteria for                    asset-backed securities, Assurant, Inc., as servicing function                    participant                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 35(a)                                 | Servicer                    compliance statement, LaSalle Bank National Association, as Master                    Servicer                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
| 35(b)                                 | Servicer                    compliance statement, EMC Mortgage Corporation, as                    Company                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 35(c)                                 | Servicer                    compliance statement, LaSalle Bank National Association, as                    Securities Administrator                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 99(a)                                 | Form                  10-K Annual Report for Ambac Financial Group Inc. filed on                  March 1, 2007.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |

| (b)                      The exhibits required to be filed by Registrant pursuant to                      Item 601 of                      Regulation S-K are listed above and in the Exhibit Index that                      immediately                      follows the signature page hereof.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   (10.1)                       Assignment, Assumption and Recognition Agreement made as of                      January 30,                      2006, among EMC Mortgage Corporation as Assignor, Citibank,                      N.A., not                      individually but solely as trustee for the holders of the SACO                      I Trust                      2006-2, Mortgage Pass-Through Certificates, Series 2006-2 as                      Assignee and                      First Tennessee Mortgage Services, Inc.                                                                                                                                                                                                                                                                             |
|  (10.2)                       Purchase, Warranties and Servicing Agreement, dated as of September                      1,                      2003 and is executed among EMC MORTGAGE CORPORATION, as Purchaser,                      (the                      "Purchaser"), FIRST TENNESSEE MORTGAGE SERVICES, INC., as servicer                      (the                      “Servicer”) and FIRST HORIZON HOME LOAN CORPORATION, as seller (the                      “Seller”) (the Servicer and the Seller together referred to as the                      "Company")                                                                                                                                                                                                                         |
|  (10.3)                      Amendment No. 1, effective as of May 14, 2004, amends the Purchase,                      Warranties and Servicing Agreement among EMC Mortgage Corporation                      (the                      “Purchaser”), First Tennessee Mortgage Services, Inc., as servicer (the                      “Servicer”) and First Horizon Home Loan Corporation (the “Seller”, and                      together with the Servicer, the “Company”), previously entered into as of                      September 1, 2003 (the “Agreement”).                                                                                                                                                                                                     |
|  (10.4)                     Amendment No. 2, effective as of June 16, 2005, amends the Purchase,                    Warranties and Servicing Agreement among EMC Mortgage Corporation                    (the                    “Purchaser”), First Tennessee Mortgage Services, Inc., as servicer (the                    “Servicer”) and First Horizon Home Loan Corporation (the “Seller”, and                    together with the Servicer, the “Company”), previously entered into as of                    September 1, 2003 (the “Agreement”), as previously amended.                                                                                                                                                                                     |
|  (10.5)                       Amendment No. 3, effective as of August 8, 2005, amends the                      Purchase,                      Warranties and Servicing Agreement among EMC Mortgage Corporation                      (the                      “Purchaser”), First Tennessee Mortgage Services, Inc., as servicer (the                      “Servicer”) and First Horizon Home Loan Corporation (the “Seller”, and                      together with the Servicer, the “Company”), previously entered into as of                      September 1, 2003 (the “Agreement”), as previously amended.                                                                                                                                                 |
|  (10.6)                       Amendment No. 4 is made and entered into this 22nd                      day of December, 2005, by and among EMC Mortgage Corporation,                      a Delaware                      corporation, as purchaser (the “Purchaser”) and First Tennessee Mortgage                      Services, Inc., as servicer (the “Servicer”) and First Horizon Home Loan                      Corporation (the “Seller”, and together with the Servicer, the “Company”)                      in connection with the Purchase, Warranties and Servicing Agreement,                      dated                      as of September 1, 2003, between the above mentioned parties                      (the                      “Agreement”). |
|  (31)                      Rule 13a-14(d)/15d-14(d) Certifications.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |
|  (33)                      Reports on assessment of compliance with servicing criteria                      for                      asset-backed securities:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |
|  1.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | LaSalle                      Bank National Association, as Master Servicer |   |
| 2.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | EMC                      Mortgage Corporation, as Company |   |
| 3.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | LaSalle                      Bank National Association, as Securities Administrator and                      Custodian |   |
| 4.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | Wells                      Fargo Bank, NA, as Custodian |   |
| 5.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | LandAmerica                      Tax and Flood Services, Inc., as servicing function                      participant |   |
| 6.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | Assurant,                      Inc., as servicing function participant |   |
|  (34)                      Attestation reports on assessment of compliance with servicing                      criteria                      for asset-backed securities:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| 1.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | LaSalle                      Bank National Association, as Master Servicer |
| 2.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | EMC                      Mortgage Corporation, as Company |
| 3.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | LaSalle                      Bank National Association, as Securities Administrator and                      Custodian |
| 4.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | Wells                      Fargo Bank, NA, as Custodian |
| 5.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | LandAmerica                      Tax and Flood Services, Inc., as servicing function                      participant |
| 6.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | Assurant,                      Inc., as servicing function participant |
| (35)                      Servicer Compliance Statements:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| 1.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | LaSalle                      Bank National Association, as Master Servicer |
| 2.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | EMC                      Mortgage Corporation, as Company |
| 3.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | LaSalle                      Bank National Association, as Securities Administrator and                      Custodian |

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**SIGNATURES**

|                                                       | LaSalle                    Bank National Association, as Master Servicer |
|------------------------------------------------------------|--------------------------------------------------------------------------|
|                                                       |                                                                     |
|  March                    29,                    2007 | /s/                    Andrew Leszczynski                                |
|                                                       | By: Andrew                    Leszczynski                           |
|                                                       | Title: First                    Vice President                      |

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**EXHIBIT      INDEX**

| **Exhibit                            Number** | **Description**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
|-----------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 4.1                                           | Pooling                            and Servicing Agreement, dated as of January 1, 2006,                            among Bear Stearns                            Asset Backed Securities I LLC, as depositor, EMC Mortgage                            Corporation, as                            sponsor and as company, LaSalle Bank National Association,                            as master                            servicer and as securities administrator, and Citibank,                            N.A, as trustee.                            (As previously filed on Form 8-K filed on February 15,                            2006 and on Form                            8-K/A filed on October 18, 2006 and is hereby incorporated                            by reference                            into this report on Form 10-K)                                  |
| 10.1                                          | Assignment,                            Assumption and Recognition Agreement made as of January                            30, 2006, among                            EMC Mortgage Corporation as Assignor, Citibank, N.A.,                            not individually but                            solely as trustee for the holders of the SACO I Trust                            2006-2, Mortgage                            Pass-Through Certificates, Series 2006-2 as Assignee                            and First Tennessee                            Mortgage Services, Inc.                                                                                                                                                                                                                                                                                               |
| 10.2                                          | Purchase,                            Warranties and Servicing Agreement, dated as of September                            1, 2003 and is                            executed among EMC MORTGAGE CORPORATION, as Purchaser,                            (the "Purchaser"),                            FIRST TENNESSEE MORTGAGE SERVICES, INC., as servicer                            (the “Servicer”) and                            FIRST HORIZON HOME LOAN CORPORATION, as seller (the “Seller”) (the                            Servicer and the Seller together referred to as the                            "Company")                                                                                                                                                                                                                                     |
| 10.3                                     | Amendment                            No. 1, effective as of May 14, 2004, amends the Purchase,                            Warranties and                            Servicing Agreement among EMC Mortgage Corporation (the“Purchaser”),                            First Tennessee Mortgage Services, Inc., as servicer                            (the “Servicer”) and                            First Horizon Home Loan Corporation (the “Seller”, and together with the                            Servicer, the “Company”), previously entered into as of September 1, 2003                            (the “Agreement”).                                                                                                                                                                                             |
| 10.4                                          | Amendment                            No. 2, effective as of June 16, 2005, amends the Purchase,                            Warranties and                            Servicing Agreement among EMC Mortgage Corporation (the“Purchaser”),                            First Tennessee Mortgage Services, Inc., as servicer                            (the “Servicer”) and                            First Horizon Home Loan Corporation (the “Seller”, and together with the                            Servicer, the “Company”), previously entered into as of September 1, 2003                            (the “Agreement”), as previously amended.                                                                                                                                                                     |
| 10.5                                          | Amendment                            No. 3, effective as of August 8, 2005, amends the Purchase,                            Warranties and                            Servicing Agreement among EMC Mortgage Corporation (the“Purchaser”),                            First Tennessee Mortgage Services, Inc., as servicer                            (the “Servicer”) and                            First Horizon Home Loan Corporation (the “Seller”, and together with the                            Servicer, the “Company”), previously entered into as of September 1, 2003                            (the “Agreement”), as previously amended.                                                                                                                                                                    |
| 10.6                                          | Amendment                            No. 4 is made and entered into this 22nd                            day of December, 2005, by and among EMC Mortgage Corporation,                            a Delaware                            corporation, as purchaser (the “Purchaser”) and First Tennessee Mortgage                            Services, Inc., as servicer (the “Servicer”) and First Horizon Home Loan                            Corporation (the “Seller”, and together with the Servicer, the “Company”)                            in connection with the Purchase, Warranties and Servicing                            Agreement, dated                            as of September 1, 2003, between the above mentioned                            parties (the                            “Agreement”). |
| 31                                            | Sarbanes-Oxley                            Certification                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 33(a)                                         | Report                            on assessment of compliance with servicing criteria for                            asset-backed                            securities, LaSalle Bank National Association, as Master                            Servicer                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
| 33(b)                                         | Report                            on assessment of compliance with servicing criteria for                            asset-backed                            securities, EMC Mortgage Corporation, as Company                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
| 33(c)                                         | Report                            on assessment of compliance with servicing criteria for                            asset-backed                            securities, LaSalle Bank National Association, as Securities                            Administrator and Custodian                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 33(d)                                         | Report                            on assessment of compliance with servicing criteria for                            asset-backed                            securities,  Wells Fargo Bank, NA, as Custodian                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 33(e)                                         | Report                            on assessment of compliance with servicing criteria for                            asset-backed                            securities, LandAmerica Tax and Flood Services, Inc.,                            as servicing                            function participant                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 33(f)                                         | Report                            on assessment of compliance with servicing criteria for                            asset-backed                            securities, Assurant, Inc., as servicing function                            participant                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| 34(a)                                         | Attestation                            report on assessment of compliance with servicing criteria                            for                            asset-backed securities, LaSalle Bank National Association,                            as Master                            Servicer                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 34(b)                                         | Attestation                            report on assessment of compliance with servicing criteria                            for                            asset-backed securities, EMC Mortgage Corporation, as                            Company                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| 34(c)                                         | Attestation                            report on assessment of compliance with servicing criteria                            for                            asset-backed securities, LaSalle Bank National Association, as                            Securities Administrator and Custodian                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 34(d)                                         | Attestation                            report on assessment of compliance with servicing criteria                            for                            asset-backed securities, Wells Fargo Bank, NA, as                            Custodian                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
| 34(e)                                         | Attestation                            report on assessment of compliance with servicing criteria                            for                            asset-backed securities, LandAmerica Tax and Flood Services,                            Inc., as                            servicing function participant                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 34(f)                                         | Attestation                            report on assessment of compliance with servicing criteria                            for                            asset-backed securities, Assurant, Inc., as servicing                            function                            participant                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 35(a)                                         | Servicer                            compliance statement, LaSalle Bank National Association,                            as Master                            Servicer                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| 35(b)                                         | Servicer                            compliance statement, EMC Mortgage Corporation, as                            Company                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
| 35(c)                                         | Servicer                            compliance statement, LaSalle Bank National Association, as                            Securities Administrator                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| 99(a)                                         | Form                          10-K Annual Report for Ambac Financial Group Inc. filed                          on                          March 1, 2007.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |

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