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**Assessment      of Compliance with Applicable Servicing Criteria**

| 1.   | Management                of Wachovia Equity Servicing, LLC (successor by merger to HomEq Servicing                Corporation) ("HomEq") is responsible for assessing compliance with                the                applicable                servicing criteria set forth in Item 1122(d) of Regulation AB of                the                Securities                Exchange Commission, as of and for the ten months ended October 31,                2006                (the "Reporting Period"), as set forth in Appendix A hereto (the                "Applicable Servicing                Criteria"). The transactions covered by this report include asset-backed                securities                transactions for which HomEq acted as servicer involving subprime                residential                mortgage loans (other than transactions that closed prior to January                1,                2006)                as of and for the ten months ended October 31, 2006 (the                "Platform"); |
|----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.   | HomEq                has engaged a vendor (the "Vendor") to perform specific, limited                or                scripted activities,                and HomEq elects to take responsibility for assessing compliance                with the                servicing                criteria or portion of the servicing criteria applicable to such                Vendor's                activities                as set forth in Appendix A hereto. HomEq management has determined                that                this                Vendor is not considered a "servicer" as defined in item 1101(j)                of                Regulation AB,                and HomEq's management has elected to take responsibility for assessing                compliance                with the servicing criteria applicable to this Vendor as permitted                by                Interpretation                17.06 of the SEC Division of Corporation Finance Manual of Publicly                Available                Telephone Interpretations ("Interpretation 17.06"). As permitted                by                Interpretation                17.06, management has asserted that it has policies and procedures                in                place                to provide reasonable assurance that the Vendor's activities comply                in all                material                respects with the servicing criteria applicable to the Vendor. HomEq's                management                is solely responsible for determining that HomEq meets the SEC                requirements                to apply Interpretation 17.06 for the Vendor and related criteria                as                described                in HomEq's assertion, and we performed no procedures with respect                to                HomEq's                eligibility to apply Interpretation                17.06; |
|----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.   | Except                as set forth in paragraph 4 below, HomEq's management used the criteria                set forth                in paragraph (d) of Item 1122 of Regulation AB to assess the compliance                with the                applicable servicing criteria as of and for the ten months ended                October                31, 2006; |
|----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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

| 5.   | HomEq                has not identified and is not aware of any material instance of                noncompliance by                the Vendor with the Applicable Servicing Criteria with respect to                the                Platform taken                as a whole; |
|----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| 6.   | HomEq                  has not identified any material deficiency in its policies and                  procedures                  to monitor                  the compliance by the Vendor with the Applicable Servicing Criteria                  with                  respect                  to the Platform taken as a whole;                  and |
|----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.   | Based                  on such assessment, HomEq has complied, in all material respects,                  with the                  Applicable                  Servicing Criteria, including servicing criteria for which compliance                  is                  determined                  based on Interpretation 17.06 as described above, as of and for                  the ten                  months                  ended October 31, 2006 with respect to the Platform taken as a                  whole; |
|----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8.   | KPMG                  LLP an independent registered public accounting firm has issued                  an attestation                  report with respect to management's assertion of compliance with                  the                  Applicable                  Servicing Criteria as of and for the ten months ended October 31,                  2006. |
|----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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**APPENDIX      A**

| **SERVICING                  CRITERIA**                 | **APPLICABLE                  SERVICING                  CRITERIA**                                                                                                                                                                                                                                                                                                     | **INAPPLICABLE                  SERVICING                  CRITERIA** |
|---------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------|
| **Reference**                                           | **Criteria**                                                                                                                                                                                                                                                                                                                                                            | **Performed                  Directly****by****HomEq**                | **Performed****by****Vendor(s)****for                  which****HomEq                  is****the****Responsible****Party** | **Performed****by****subservicer(s)****or****vendor(s)****for                  which****HomEq                  is****NOT                  the Responsible****Party** | **NOT****performed                  by****HomEq                  or by subservicer(s)****or                  vendor(s)****retained                  by****HomEq** |
| **General                  Servicing Considerations**   |
| 1122(d)(1)(i)                                           | Policies                  and procedures are instituted to monitor any performance or other                  triggers                  and events of default in accordance                  with the transaction agreements.                                                                                                                                            | X                                                                     |   |   |   |
| 1122(d)(1)(ii)                                          | If                  any material servicing activities are outsourced to third parties,                  policies and procedures are instituted to monitor the third                  party's performance and compliance with such servicing                  activities.                                                                                                | X                                                                     |   |   |   |
| 1122(d)(1)(iii)                                         | Any                  requirements in the transaction agreements to maintain a                  back-up servicer for the pool assets are maintained.                                                                                                                                                                                                                     |                                                                  |   |   | X |
| 1122(d)(1)(iv)                                          | A                  fidelity bond and errors and omissions policy is in effect on                  the party participating in the servicing function throughout                  the reporting period in the amount of coverage required by and                  otherwise                  in accordance with the terms of the                  transaction agreements. | X                                                                     |   |   |   |
| **Cash                  Collection and Administration** |
| 1122(d)(2)(i)                                           | Payments                  on pool assets are deposited into the appropriate custodial bank                  accounts                  and related bank clearing accounts no                  more than two business days following receipt, or such other number                  of                  days specified in the transaction agreements.                     | X                                                                     | X1 |   |   |
| 1122(d)(2)(ii)                                          | Disbursements                  made via wire transfer on behalf of an obligor or to an investor                  are made                  only by authorized personnel.                                                                                                                                                                                                | X                                                                     |   |   |   |
| 1122(d)(2)(iii)                                         | Advances                  of funds or guarantees regarding collections, cash                  flows or distributions, and any interest or other fees charged                  for such                  advances, are made, reviewed and approved                  as specified in the transaction agreements.                                                          | X                                                                     |   |   |   |
| 1122(d)(2)(iv)                                          | The                  related accounts for the transaction, such as cash reserve accounts                  or                  accounts established as a form of overcollateralization,                  are separately maintained (e.g., with respect                  to commingled of cash) as set forth in the transaction                  agreements.              | X                                                                     |   |   |   |

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| **SERVICING                CRITERIA**                 | **APPLICABLE                SERVICING                CRITERIA**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | **INAPPLICABLE                SERVICING                CRITERIA** |
|-------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------|
| **Reference**                                         | **Criteria**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | **Performed                Directly****by****HomEq**              | **Performed****by****Vendor(s)****for                which****HomEq                is****the****Responsible****Party** | **Performed****by****subservicer(s)****or                vendor(s)****for                which****HomEq                is****NOT                the Responsible****Party** | **NOT****performed                by HomEq or by subservicer(s)****or                vendor(s) retained                by****HomEq** |
| 1122(d)(2)(v)                                         | Each                custodial account is maintained at a federally insured depository                institution as set forth in the transaction agreements. For purposes                of                this criterion, "federally insured                depository institution" with respect to a foreign financial                institution means a foreign financial institution that meets                the requirements of Rule 13k-1 (b)(1) of the Securities Exchange                Act.                                                                                                                                                                                                                                                                                                                                                                                                                                             | X                                                                 |   |   |   |
| 1122(d)(2)(vi)                                        | Unissued                checks are safeguarded so as to prevent unauthorized                access.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | X                                                                 |   |   |   |
| 1122(d)(2)(vii)                                       | Reconciliations                are prepared on a monthly basis for all asset-backed securities related                bank accounts, including custodial                accounts and related bank clearing accounts. These reconciliations                are (A)                mathematically accurate; (B) prepared within 30 calendar days after                the                bank statement cutoff                date, or such other number of days specified in the transaction                agreements; (C) reviewed and approved by someone other than the person                who                prepared the reconciliation; and (D) contain explanations for reconciling                items. These reconciling items are resolved within 90 calendar days                of                their original identification, or such other number of days specified                in                the transaction agreements. | X                                                                 |   |   |   |
| **Investor                Remittances and Reporting** |
| 1122(d)(3)(i)                                         | Reports                to investors, including those to be filed with the Commission,                are maintained in accordance with the transaction agreements and                applicable Commission requirements. Specifically, such reports (A)                are                prepared in accordance                with timeframes and other terms set forth in the transaction                agreements; (B) provide information calculated in accordance with                the                terms specified in the transaction agreements; (C) are filed with                the                Commission as required by its rules and regulations; and (D) agree                with                investors' or the trustee's records as to the total unpaid principal                balance and number of pool assets serviced by the                Servicer.                                                             |                                                              |   |   | X2 |
| 1122(d)(3)(ii)                                        | Amounts                due to investors are allocated and remitted in accordance with timeframes,                distribution priority and other terms                set forth in the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |                                                              |   |   | X2 |

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| **SERVICING                  CRITERIA**        | **APPLICABLE                  SERVICING                  CRITERIA**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | **INAPPLICABLE                  SERVICING                  CRITERIA** |
|------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------|
| **Reference**                                  | **Criteria**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | **Performed                  Directly****by****HomEq**                | **Performed****by****Vendor(s)****for                  which****HomEq                  is****the****Responsible****Party** | **Performed****by****subservicer(s)****or                  vendor(s)****for                  which****HomEq                  is****NOT                  the Responsible****Party** | **NOT****performed                  by HomEq                  or by subservicer(s)****or                  vendor(s) retained                  by****HomEq** |
| 1122(d)(3)(iii)                                | Disbursements                  made to an investor are posted within two business                  days to the Servicer's investor records, or such other                  number of days specified in the transaction agreements.                                                                                                                                                                                                                                                                                                                   |                                                                  |   |   | X2 |
| 1122(d)(3)(iv)                                 | Amounts                  remitted to investors per the investor reports agree with                  cancelled checks, or other form of payment, or custodial bank                  statements.                                                                                                                                                                                                                                                                                                                                                       |                                                                  |   |   | X2 |
| **Pool                  Asset Administration** |
| 1122(d)(4)(i)                                  | Collateral                  or security on pool assets is maintained as required                  by the transaction agreements or related mortgage loan                  documents.                                                                                                                                                                                                                                                                                                                                                                 | X                                                                     |   |   |   |
| 1122(d)(4)(ii)                                 | Pool                  asset and related documents are safeguarded as required                  by the transaction agreements                                                                                                                                                                                                                                                                                                                                                                                                                         | X                                                                     |   |   |   |
| 1122(d)(4)(iii)                                | Any                  additions, removals or substitutions to the asset pool are                  made, reviewed and approved in accordance with any conditions or                  requirements in the transaction agreements.                                                                                                                                                                                                                                                                                                                       | X3                                                                    |   |   |   |
| 1122(d)(4)(iv)                                 | Payments                  on pool assets, including any payoffs, made in accordance with                  the related                  pool asset documents are posted to the Servicer's obligor records                  maintained no more than two business days after receipt, or such                  other                  number of days specified in the transaction agreements, and allocated                  to principal, interest or other items (e.g., escrow) in                  accordance with the related pool asset documents. | X                                                                     | X4 |   |   |
| 1122(d)(4)(v)                                  | The                  Servicer's records regarding the pool assets agree with the                  Servicer's records with respect to an obligor's unpaid principal                  balance.                                                                                                                                                                                                                                                                                                                                                         | X                                                                     |   |   |   |
| 1122(d)(4)(vi)                                 | Changes                  with respect to the terms or status of an obligor's pool                  assets (e.g., loan modifications or re-agings) are made, reviewed                  and approved by authorized personnel in accordance with the transaction                  agreements and related pool                  asset documents.                                                                                                                                                                                                         | X                                                                     |   |   |   |

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| **SERVICING                CRITERIA** | **APPLICABLE                SERVICING                CRITERIA**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | **INAPPLICABLE                SERVICING                CRITERIA** |
|---------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------|
| **Reference**                         | **Criteria**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | **Performed                Directly****by****HomEq**              | **Performed****by****Vendor(s)****for                which****HomEq                is****the****Responsible****Party** | **Performed****by****subservicer(s)****or****vendor(s)****for                which****HomEq                is****NOT                the Responsible****Party** | **NOT****performed                by****HomEq                or by subservicer(s)****or                vendor(s)****retained                by****HomEq** |
| 1122(d)(4)(vii)                       | Loss                mitigation or recovery actions (e.g., forbearance plans, modifications                and deeds in lieu of foreclosure, foreclosures and                repossessions, as applicable) are initiated, conducted and concluded                in                accordance with the timeframes or other requirements established                by the                transaction agreements.                                                                                                                                                                                                                                                                                                                            | X                                                                 |   |   |   |
| 1122(d)(4)(viii)                      | Records                documenting collection efforts are maintained during the period a                pool                asset is delinquent in accordance with                the transaction agreements. Such records are maintained                on at least a monthly basis, or such other period specified in the                transaction agreements, and describe the entity's                activities in monitoring delinquent pool assets including,                for example, phone calls, letters and payment rescheduling plans                in cases                where delinquency is deemed temporary                (e.g., illness or unemployment).                                                        | X                                                                 |   |   |   |
| 1122(d)(4)(ix)                        | Adjustments                to interest rates or rates of return for pool assets                with variable rates are computed based on the related                pool asset documents.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | X                                                                 |   |   |   |
| 1122(d)(4)(x)                         | Regarding                any funds held in trust for an obligor (such as escrow                accounts): (A) such funds are analyzed, in accordance                with the obligor's pool asset documents, on at least                an annual basis, or such other eriod specified in the transaction                agreements; (B) interest on such funds is paid, or                credited, to obligors in accordance with applicable pool asset                documents and state laws; and (C) such funds are returned                to the obligor within 30 calendar days of full repayment                of the related pool assets, or such other number of                days specified in the transaction agreements. | X                                                                 |   |   |   |
| 1122(d)(4)(xi)                        | Payments                made on behalf of an obligor (such as tax or insurance payments)                are made                on or before the related penalty or expiration dates, as indicated                on the                appropriate bills or notices for such payments, provided that such                support                has been received by the Servicer at least 30 calendar                days prior to these dates, or such other number of days specified                in the                transaction agreements.                                                                                                                                                                                      |                                                              |   | X5 |   |
| 1122(d)(4)(xii)                       | Any                late payment penalties in connection with any payment to                be made on behalf of an obligor are paid from the Servicer's funds                and not                charged to the obligor, unless the late payment was due to the obligor's                error or omission.                                                                                                                                                                                                                                                                                                                                                                                                                             |                                                              |   | X6 |   |
| 1122(d)(4)(xiii)                      | Disbursements                made on behalf of an obligor are posted within two business days                to the                obligor's records maintained by he Servicer, or such other number                of day                specified in the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                         |                                                              |   | X7 |   |

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| **SERVICING                  CRITERIA** | **APPLICABLE                  SERVICING                  CRITERIA**                                                                                                                                                              | **INAPPLICABLE                  SERVICING                  CRITERIA** |
|-----------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------|
| **Reference**                           | **Criteria**                                                                                                                                                                                                                     | **Performed                  Directly****by****HomEq**                | **Performed****by****Vendor(s)****for                  which****HomEq                  is****the****Responsible****Party** | **Performed****by****subservicer(s)****or****vendor(s)****for                  which****HomEq                  is****NOT                  the Responsible****Party** | **NOT****performed                  by****HomEq                  or by subservicer(s)****or                  vendor(s)****retained                  by****HomEq** |
| 1122(d)(4)(xiv)                         | Delinquencies,                  charge-offs and uncollectible accounts are recognized                  and recorded in accordance with the transaction agreements.                                                               | X                                                                     |   |   |   |
| 1122(d)(4)(xv)                          | Any                  external enhancement or other support, identified in Item                  1114(a)(1) through (3) or Item 1115 of Regulation AB, is                  maintained as set forth in the transaction agreements. |                                                                  |   |   | X |

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