New Century Mortgage Corporation
    Certification Regarding Compliance with Applicable Servicing Criteria

l.  New Century Mortgage Corporation, (the "Servicer") 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 the Servicer acted as servicer involving
residential mortgage loans as set forth in Appendix B (the "Platform");

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

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

4.  Due to the instances of material noncompliance, as described on Appendix
C hereto, the Servicer did not comply with the servicing set forth in Item
1122(d) of Regulation AB as of and for the 12-month period ending December 31,
2006, for loans serviced by the Servicer that were included in publicly issued
mortgage-backed security transactions issued on or after January 1, 2006.

5.  KPMG, Servicer's independent registered public accounting firm, has been
engaged to issue an attestation report on the Servicer's assessment of
compliance with the applicable servicing criteria for the Reporting Period
but, as of the date hereof, it has not been received.


March 31, 2007                          New Century Mortgage Corporation



                                     By:    Kevin Cloyd
                                        -------------------------------
                                     Name:  Kevin Cloyd
                                     Title: Executive Vice President







                                       Appendix A


<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------------------------------------------------
                               Servicing Criteria                                Applicable Servicing       Inapplicable
                                                                                       Criteria               Servicing
                                                                                                              Criteria
--------------------------------------------------------------------------------------------------------------------------------
  Reference                                  Criteria                                     Performed   Performed by     NOT
                                                                                             by       subservicer(s) Performed
                                                                                          Vendor(s)   or vender(s)      by
                                                                                          for which   for which    New Century
                                                                                             New      New Century     or by
                                                                              Performed   Century is  is NOT the   subservicer(s)
                                                                               Directly       the      Responsible   or vendor(s)
                                                                                  by      Responsible   Party       retained by
                                                                             New Century    Party                   the Company
--------------------------------------------------------------------------------------------------------------------------------
                               General Servicing Considerations
--------------------------------------------------------------------------------------------------------------------------------
<S>               <C>                                                            <C>         <C>           <C>           <C>
                  Policies and procedures are instituted to monitor any           X
                  performance or other triggers and events of default in
1122(d)(1)(i)     accordance with the transaction agreements.
--------------------------------------------------------------------------------------------------------------------------------
                  If any material servicing activities are outsourced to          X
                  third parties, policies and procedures are instituted to
                  monitor the third party's performance and compliance with
1122(d)(1)(ii)    such servicing activities.
--------------------------------------------------------------------------------------------------------------------------------
                  Any requirements in the transaction agreements to maintain a                                            X
1122(d)(1)(iii)   back-up servicer for the mortgage loans are maintained.
--------------------------------------------------------------------------------------------------------------------------------
                  A fidelity bond and errors and omissions policy is in effect    X
                  on the party participating in the servicing function
                  throughout the reporting period in the amount of coverage
                  required by and otherwise in accordance with the terms of the
1122(d)(1)(iv)    transaction agreements.
--------------------------------------------------------------------------------------------------------------------------------
                       Cash Collection and Administration
--------------------------------------------------------------------------------------------------------------------------------
                  Payments on mortgage loans are deposited into the               X(1)
                  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
1122(d)(2)(i)     transaction agreements.
--------------------------------------------------------------------------------------------------------------------------------
                  Disbursements made via wire transfer on behalf of an obligor    X
1122(d)(2)(ii)    or to an investor are made only by authorized personnel.
--------------------------------------------------------------------------------------------------------------------------------
                  Advances of funds or guarantees regarding collections, cash     X
                  flows or distributions, and any interest or other fees charged
                  for such advances, are made, reviewed and approved as
1122(d)(2)(iii)   specified in the transaction agreements.
--------------------------------------------------------------------------------------------------------------------------------
                  The related accounts for the transaction, such as cash          X
                  reserve accounts or accounts established as a form of
                  overcollateralization, are separately maintained (e.g., with
                  respect to commingling of cash) as set forth in the
1122(d)(2)(iv)    transaction agreements.
--------------------------------------------------------------------------------------------------------------------------------
                  Each custodial account is maintained at a federally insured     X
                  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
1122(d)(2)(v)     Exchange Act.
--------------------------------------------------------------------------------------------------------------------------------
                  Unissued checks are safegaurded so as to prevent                X
1122(d)(2)(vi)    unauthorized access.
--------------------------------------------------------------------------------------------------------------------------------
</TABLE>




    ------------------------------
    1  1122(d)(2)(i) is performed directly by New Century only as it relates
       to the recording and application of borrowers payments.


</page>



<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------------------------------------------------
                               Servicing Criteria                                Applicable Servicing       Inapplicable
                                                                                       Criteria               Servicing
                                                                                                              Criteria
--------------------------------------------------------------------------------------------------------------------------------
  Reference                                  Criteria                                     Performed   Performed by     NOT
                                                                                             by       subservicer(s) Performed
                                                                                          Vendor(s)   or vender(s)      by
                                                                                          for which   for which    New Century
                                                                                             New      New Century     or by
                                                                              Performed   Century is  is NOT the   subservicer(s)
                                                                               Directly       the      Responsible   or vendor(s)
                                                                                  by      Responsible   Party       retained by
                                                                             New Century    Party                   the Company
--------------------------------------------------------------------------------------------------------------------------------
<S>               <C>                                                            <C>         <C>           <C>           <C>
                  Reconciliations are prepared on a monthly basis for all         X
                  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 transactidn
                  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
1122(d)(2)(vii)   the transaction agreements.
---------------------------------------------------------------------------------------------------------------------------------
                       Investor Remittances and Reporting
---------------------------------------------------------------------------------------------------------------------------------
                  Reports to investors, including those to be filed with the        X                       X(2)
                  Commission, are maintained in accordance with the transaction
                  agreements and applicable Commission requirements. Specifically,
                  such reports (A) are prepared in accordance with timeframes and
                  other terms set forth in the transaction agreements; (B) provide
                  information calculated in accordance with the terms specified
                  in the transaction agreements; (C) are filed with the Commission
                  as required by its rules and regulations; and (D) agree with
                  investors' or the trustee's records as to the total unpaid
                  principal balance and number of mortgage loans serviced by the
1122(d)(3)(i)     Servicer.
---------------------------------------------------------------------------------------------------------------------------------
                  Amounts due to investors are allocated and remitted in                                                    X
                  accordance with timeframes, distribution priority and other
1122(d)(3)(ii)    terms set forth in the transaction agreements.
---------------------------------------------------------------------------------------------------------------------------------
                  Disbursements made to an investor are posted within two                                                   X
                  business days to the Servicer's investor records, or such
1122(d)(3)(iii)   other number of days specified in the transaction agreements.
---------------------------------------------------------------------------------------------------------------------------------
                  Amounts remitted to investors per the investor reports                                                    X
                  agree with cancelled checks, or other form of payment, or
1122(d)(3)(iv)    custodial bank statements.
---------------------------------------------------------------------------------------------------------------------------------
                        Pool Asset Administration
---------------------------------------------------------------------------------------------------------------------------------
                  Collateral or security on mortgage loans is maintained as                                                 X
                  required by the transaction agreements or related mortgage
1122(d)(4)(i)     loan documents.
---------------------------------------------------------------------------------------------------------------------------------
                  Mortgage loans and related documents are safeguarded as                                                   X
1122(d)(4)(ii)    required by the transaction agreements.
---------------------------------------------------------------------------------------------------------------------------------
                  Any additions, removals or substitutions to the asset pool        X
                  are made, reviewed and approved in accordance with any
1122(d)(4)(iii)   conditions or requirements in the transaction agreements.
---------------------------------------------------------------------------------------------------------------------------------
                  Payments on mortgage loans, including any payoffs, made in        X(3)
                  accordance with the related mortgage loan documents are
                  posted to the Servicer's obligor records maintained no more
                  than two business days after receipt, or such other number of
                  days specified in the transaction agreements, and allocated
                  to principal, interest or other items (e.g., escrow) in
1122(d)(4)(iv)    accordance with the related mortgage loan documents.
---------------------------------------------------------------------------------------------------------------------------------
</TABLE>

    ------------------------------
    2  1122(d)(3)(1)(c) is not performed directly by New Century and servicer
       will obtain an assertion of management and an accompanying Item 1122
       attestation report from the vendor performing such activities.

    3  1122(d)(4)(iv) is performed directly by New Century only as it relates
       to the recording and application of borrower payments.  The initial
       processing of cash receipts at the lockbox was performed by a vendor
       that elected not to provide an Item 1122 attestation report.


</page>



<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------------------------------------------------
                               Servicing Criteria                                Applicable Servicing       Inapplicable
                                                                                       Criteria               Servicing
                                                                                                              Criteria
--------------------------------------------------------------------------------------------------------------------------------
  Reference                                  Criteria                                     Performed   Performed by     NOT
                                                                                             by       subservicer(s) Performed
                                                                                          Vendor(s)   or vender(s)      by
                                                                                          for which   for which    New Century
                                                                                             New      New Century     or by
                                                                              Performed   Century is  is NOT the   subservicer(s)
                                                                               Directly       the      Responsible   or vendor(s)
                                                                                  by      Responsible   Party       retained by
                                                                             New Century    Party                   the Company
--------------------------------------------------------------------------------------------------------------------------------
<S>               <C>                                                             <C>         <C>           <C>           <C>
                  The Servicer's records regarding the mortgage loans agree        X
                  with the Servicer's records with respect to an obligor's
1122(d)(4)(v)     unpaid principal balance.
--------------------------------------------------------------------------------------------------------------------------------
                  Changes with respect to the terms or status of an obligor's      X
                  mortgage loans (e.g., loan modifications or re-agings) are
                  made, reviewed and approved by authorised personnel in
                  accordance with the transaction agreements and related pool
1122(d)(4)(vi)    asset documents.
--------------------------------------------------------------------------------------------------------------------------------
                  Loss mitigation or recovery actions (e.g., forbearance plans,    X
                  modifications and deeds in lieu of foreclosure, foreclosures
                  and repossessions, as applicable) are initiated, conducted and
                  concluded in accordance with the timeframes or other
1122(d)(4)(vii)   requirements established by the transaction agreements.
--------------------------------------------------------------------------------------------------------------------------------
                  Records documenting collection efforts are maintained during     X
                  the period a mortgage loan is delinquent in accordance with
                  the transaction agreements. Such records arc maintained on at
                  least a monthly basis, or such other period specified in the
                  transaction agreements, and describe the entity's activities
                  in monitoring delinquent mortgage loans including, for
                  example, phone calls, letters and payment rescheduling plans
                  in cases where delinquency is deemed temporary (e.g., illness
1122(d)(4)(viii)  or unemployment).
--------------------------------------------------------------------------------------------------------------------------------
                  Adjustments to interest rates or rates of return for mortgage    X
                  loans with variable rates are computed based on the related
1122(d)(4)(ix)    pool asset documents.
--------------------------------------------------------------------------------------------------------------------------------
                  Regarding any funds held in trust for an obligor (such as        X
                  escrow accounts): (A) such funds are analyzed, in accordance
                  with the obligor's mortgage loans 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 mortage
                  loan documents and state laws; and (C) such funds are returned
                  to the obligor within 30 calendar days of full repayment of
                  the related mortgage loans, or such other number of days
1122(d)(4)(x)     specified in the transaction agreements.
--------------------------------------------------------------------------------------------------------------------------------
                  Payments made on behalf of an obligor (such as tax or                                     X(4)
                  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
1122(d)(4)(xi)    number of days specified in the transaction agreements.
--------------------------------------------------------------------------------------------------------------------------------
                  Any late payment penalties in connection with any payment                                 X(5)
                  to be made on behalf of an obligor are paid from the
                  Servicer's funds and not charged to the obligor, unless the
1122(d)(4)(xii)   late payment was due to the obligor's error or omission.
--------------------------------------------------------------------------------------------------------------------------------
                  Disbursements made on behalf of an obligor are posted            X                        X(6)
                  within two business days to the obligor's records maintained
                  by the servicer, or such other number of days specified in
1122(d)(4)(xiii)  the transaction agreements.
--------------------------------------------------------------------------------------------------------------------------------





---------------------------------------------------------------------------------------------------------------------------------
</TABLE>

    ------------------------------
    4  1122(d)(4)(xi) is not performed directly by the Servicer, and the
       Servicer will obtain an assertion of management and an accompanying
       Item 1122 attestation report from the vendor performing such activities.

    5  1122(d)(4)(xii) is not performed directly by the Servicer, and the
       Servicer will obtain an assertion of management and an accompanying
       Item 1122 attestation report from the vendor performing such activities.

    6  1122(d)(4)(xiii) is not performed directly by the Servicer, and the
       Servicer will obtain an assertion of management and an accompanying
       Item 1122 attestation report from the vendor performing such activities.


</page>



<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------------------------------------------------
                               Servicing Criteria                                Applicable Servicing       Inapplicable
                                                                                       Criteria               Servicing
                                                                                                              Criteria
--------------------------------------------------------------------------------------------------------------------------------
  Reference                                  Criteria                                     Performed   Performed by     NOT
                                                                                             by       subservicer(s) Performed
                                                                                          Vendor(s)   or vender(s)      by
                                                                                          for which   for which    New Century
                                                                                             New      New Century     or by
                                                                              Performed   Century is  is NOT the   subservicer(s)
                                                                               Directly       the      Responsible   or vendor(s)
                                                                                  by      Responsible   Party       retained by
                                                                             New Century    Party                   the Company
--------------------------------------------------------------------------------------------------------------------------------
<S>               <C>                                                             <C>         <C>           <C>           <C>
                  Delinquencies, charge-offs and uncollectible accounts are        X
                  recognized and recorded in accordance with the transaction
1122(d)(4)(xiv)   agreements.
--------------------------------------------------------------------------------------------------------------------------------
                  Any external enhancement or other support, identified in Item                                            X
                  1114(a)(1) through (3) or Item 1115 of Regulation AB, is
1122(d)(4)(xv)    maintained as set forth in the transaction agreements.
--------------------------------------------------------------------------------------------------------------------------------
</TABLE>

----------








                                   APPENDIX B

                      TRANSACTIONS IDENTIFIED ON PLATFORM

Transaction Name                         Closing Date
-----------------                        ------------------
CMLT 2006-NC 1                           February 8 ,2006
NCHET 2006-S 1                           February 27, 2006
NCHET 2006-1                             March 30, 2006
CMLT 2006-NC2                            June 21, 2006
NCHET 2006-Alt 1                         June 22, 2006
NCHET 2006-2                             June 29, 2006
CMLT 2006-NC3                            August 10, 2006
CMLT 2006-NC4                            September 28, 2006




                                 APPENDIX C



I . New Century (the "Servicer") has identified the following noncompliance
with servicing criteria 1122(d)(1)(ii), 1122(d)(1)(iv), 1122(d)(2)(vii)(B),
1122(d)(4)(vi) and 1122(d)(4)(vii) applicable to the Platform during the year
ended December 31, 2006 as follows:

Servicing criteria 1122(d)(1)(ii)

The Servicer did not have adequate policies and procedures in place to
monitor the material servicing activities outsourced to third parties.

Servicing criteria 1122(d)(1)(iv)

The Servicer did not maintain adequate fidelity bond coverage.

Servicing criteria 1122(d)(2)(vii)(B)

The Servicer did not complete bank account reconciliations within the time
required.

Servicing criteria 1122(d)(4)(vi)

The Servicer did not review and approve changes to the terms or status of an
obligor's pool asset as required by the respective transaction agreements and
related pool asset documents.

Servicing criteria 1122(d)(4)(vii)

The Servicer did not:
    Initiate, conduct and conclude loss mitigation or recovery actions within
time frames or other requirements of the respective transaction agreements;
    Execute forbearance plans as required by the respective transaction
agreements;
    Execute pre-foreclosure sales or short payoffs resulting from the
acceptance of funds in an amount that is less than the total borrower
indebtedness as required by the respective transaction agreements; and
    Execute foreclosures as required by the respective transaction agreements.