UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 10-K

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

                                        Commission File Number: 333-127834-14

                       CITIGROUP MORTGAGE LOAN TRUST INC.
             (Exact name of registrant as specified in its charter)

                     CITIGROUP MORTGAGE LOAN TRUST 2006-CB3
                                (Issuing Entity)

                       CITIGROUP MORTGAGE LOAN TRUST INC.
              (Exact name of Depositor as specified in its charter)

               CREDIT-BASED ASSET SERVICING AND SECURITIZATION LLC
               (Exact name of Sponsor as specified in its charter)

         Delaware                                            01-0791848
State or other jurisdiction of                           (I.R.S. Employer
incorporation or organization                            Identification No.)

390 Greenwich Street
New York, New York                                               10013
(Address of Principal Executive Offices)                      (Zip Code)

       Registrant's telephone number, including area code: (212) 816-6000

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

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

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

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

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

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

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

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

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

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

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

Documents Incorporated by Reference.

         None.


<PAGE>

PART I

Item 1.  Business.

         Omitted.

Item 1A. Risk Factors.

         Omitted.

Item 1B. Unresolved Staff Comments.

         None.

Item 2.  Properties.

         Omitted.

Item 3.  Legal Proceedings.

         Omitted.

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

         None.

PART II

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

         Omitted.

Item 6.  Selected Financial Data.

         Omitted.

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

         Omitted.

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

         Omitted.

Item 8.  Financial Statements and Supplementary Data.

         Omitted.

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

         Omitted.

Item 9A. Controls and Procedures.

         Omitted.

Item 9B. Other Information.

         None.

                                      -2-

<PAGE>

PART III

Item 10. Directors, Executive Officers and Corporate Governance.

         Omitted.

Item 11. Executive Compensation.

         Omitted.

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

         Omitted.

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

         Omitted.

Item 14. Principal Accounting Fees and Services.

         Omitted.


                                      -3-
<PAGE>

                 ADDITIONAL DISCLOSURE ITEMS FROM REGULATION AB

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

         Not Applicable.

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

         Not Applicable.

Item 1117 of Regulation AB,
         Legal Proceedings

         There are  no legal  proceedings  pending, or proceedings  known  to be
         contemplated  by  governmental  authorities,  against  the sponsor, the
         depositor,  the servicer,  the trustee,  or the  trust, or any property
         thereof, that is material to the holders of certificates.

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

         Information  required  by  Item  1119  was  provided  previously  in  a
         prospectus  timely filed  pursuant to Rule 424  promulgated  under  the
         Securities Act of 1933, under the same Central Index  Key (CIK) code as
         this  annual  report  on  Form  10-K.   No  material  changes  to  such
         information have occurred since the initial Rule 424 filing.


Item 1122 of Regulation AB,
         Compliance with applicable Servicing Criteria

         (a) See Item 15, exhibits (33) and (34).

         (b) LITTON LOAN SERVICING LP

               The   assessment  of  compliance  of  Litton  Loan  Servicing  LP
               ("Litton")  has disclosed  material  noncompliance  with criteria
               1122(d)(2)(vii)(D)  and  1122(d)(4)(ix).  Certain  investor  bank
               account  reconciliations  included certain reconciling items that
               were not  resolved  within  90  calendar  days of their  original
               identification  on eleven of  sixty-three  investor  bank account
               reconciliations.  The  sum of the  reconciling  items  for  those
               eleven  reconciliations  was  $216,950.  Also,  among a sample of
               sixty-five  adjustable  rate  mortgages  there were two instances
               where certain  adjustable  rate  mortgages for which the interest
               rate  reset in the  servicing  system  did not agree to  interest
               rates in the  appropriate  source  index per the  borrowers  note
               documents.   These  were  the  result  of  incorrect  information
               transferring  from the  prior  servicer.  Additionally,  the same
               sixty-five  mortgages  included one instance where the adjustable
               rate mortgage payment change date in the servicing system did not
               match the loan documents.

             JPMorgan Chase Bank, N.A.

               During the  Reporting  Period,  the  Company has  identified  the
               following  material  instances of  noncompliance  the  Applicable
               Servicing Criteria.

                    CFR Item  1122(d)(3)(i):  Certain monthly  investor  reports
                    omitted information  required by the transaction  agreements
                    and/or contained errors in the information presented.

                    CFR   Item   1122(d)(3)(ii):    Certain   monthly   investor
                    distributions  contained errors as to amounts due to certain
                    investors.

               Such assessment also indicates that all such errors and omissions
               were  corrected  and  appropriate  measures  were  taken to avoid
               similar   errors   and   omissions.   As  of   October  1,  2006,
               substantially  all of the functions  performed by JPMorgan  Chase
               Bank, National Association were transferred to and assumed by The
               Bank of New York Trust Company, N.A.

Item 1123 of Regulation AB,
         Servicer Compliance Statement

         (a)    See Item 15, exhibit (35).


PART IV

Item 15. Exhibits, Financial Statement Schedules.

         (a)(3) Exhibits

   Exhibit No.  Description

       4.1      Pooling and Servicing Agreement (filed as an exhibit to Form 8-K
                on April 17, 2006)
      10.1      Change of trustee (filed as an exhibit to Form 8-K on October 5,
                2006)
      31.1      Rule 13a-14(d)/15d-14(d) Certification
      33.1      Report on Assessment of Compliance with Regulation AB Servicing
                Criteria - (Litton Loan Servicing LP)
      33.2      Assertion of Compliance With Applicable Servicing Criteria
                (The Bank of New York & The Bank of New York Trust Company)
      33.3      Management's Report on Assessment of Compliance with Applicable
                Servicing Criteria - (JPMorgan Chase Bank, N.A.)
      34.1      Report of Independent Registered Public Accounting Firm
                (Deloitte & Touche LLP)
      34.2      Report of Independent Registered Public Accounting Firm
                (Ernst & Young LLP)
      34.3      Report of Independent Registered Public Accounting Firm
                (PricewaterhouseCoopers LLP)
      35.1      Servicer Compliance Statement

         (b)    See 15(a)(3).

         (c)    Not Applicable.


                                      -4-
<PAGE>

SIGNATURES

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

                    Citigroup Mortgage Loan Trust 2006-CB3

                By: LITTON LOAN SERVICING LP, as Servicer

                By: /s/ Elizabeth Folk
                    --------------------------------------
              Name: Elizabeth Folk
             Title: Senior Vice President and Chief Financial Officer
                    (senior officer in charge of the
                    servicing function of the servicer)

              Date: March 29, 2007


SUPPLEMENTAL  INFORMATION TO BE FURNISHED WITH REPORTS FILED PURSUANT TO SECTION
15(D) OF THE ACT BY REGISTRANTS WHICH HAVE NOT REGISTERED SECURITIES PURSUANT TO
SECTION 12 OF THE ACT.

The  registrant  has not sent an annual report or proxy material to its security
holders.  The registrant  will not be sending an annual report or proxy material
to its security holders subsequent to the filing of this form.


                                      -5-

<PAGE>

                                  EXHIBIT INDEX

Exhibit         Description

  4.1           Pooling and Servicing Agreement (filed as an exhibit to Form 8-K
                on April 17, 2006)

 10.1           Change of trustee (filed as an exhibit to Form 8-K on October 5,
                2006)

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

 33.1           Report on Assessment of Compliance  With Regulation AB Servicing
                Criteria - (Litton Loan Servicing LP)

 33.2           Assertion of Compliance With Applicable Servicing Criteria -
                (The Bank of New York and The Bank of New York Trust Company)

 33.3           Management's Report on Assessment of Compliance with Applicable
                Servicing Criteria - (JPMorgan Chase Bank, N.A.)

 34.1           Report of Independent Registered Public Accounting Firm
                (Deloitte & Touche LLP)

 34.2           Report of Independent Registered Public Accounting Firm
                (Ernst & Young LLP)

 34.3           Report of Independent Registered Public Accounting Firm
                (PricewaterhouseCoopers LLP)

 35.1           Servicer Compliance Statement



                                       -6-

<PAGE>

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


                                  CERTIFICATION

                     Citigroup Mortgage Loan Trust 2006-CB3

     I, Elizabeth  Folk,  Senior Vice President and Chief  Financial  Officer of
Litton Loan Servicing LP, certify that:

1.      I have  reviewed  the  report on Form 10-K and all  reports on Form 10-D
required  to be filed in respect of the  period  covered by this  report on Form
10-K of Citigroup  Mortgage  Loan Trust  2006-CB3,  (the  "Exchange Act Periodic
Reports");

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

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

4.      I am responsible for reviewing the activities performed by the servicers
and based on my knowledge and the compliance  reviews conducted in preparing the
servicer  compliance  statements  required  in this  report  under  Item 1123 of
Regulation AB, and except as disclosed in the Exchange Act Periodic Reports, the
servicers  have  fulfilled  their  obligations  under the pooling and  servicing
agreement in all material respects; and

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

     In giving the certifications above, I have reasonably relied on information
provided  to me by the  following  unaffiliated  parties:  The  Bank of New York
(custodian),  JPMorgan  Chase  Bank,  N.A.  (trustee), and The  Bank of New York
(trustee).

Date:    March 29, 2007



        /s/ Elizabeth Folk
        -------------------------
Name:   Elizabeth Folk
Title:  Senior Vice President and Chief Financial Officer
        (senior officer in charge of the
        servicing function of the servicer)

        Litton Loan Servicing LP



                                      -7-

<PAGE>

                                  EXHIBIT 33.1
                                ----------------

Litton Loan Servicing                                    4828 Loop Central Drive
                                                                Houston TX 77081
                                                         Telephone  713-966-8966
                                                               Fax  713-218-4595
                                                              www.littonloan.com


                       Report on Assessment of Compliance
                      With Regulation AB Servicing Criteria

Litton  Loan  Servicing  LP  (the   "Servicer")  is  responsible  for  assessing
compliance  as of and for the year  ended  December  31,  2006  (the  "Reporting
Period")  with the servicing  criteria set forth in Section  229.1122 (d) of the
Code of Federal  Regulations  (the "CFR"),  except for the criteria set forth in
Sections  1122(d)(4)(xv),  1122(d)(3)(i)(C)  and  1122(d)(3)(ii)  regarding  the
waterfall   calculation   (which  are  the   responsibility   of  the  Trustee),
1122(d)(4)(i)  and   1122(d)(4)(ii)   (which  are  the   responsibility  of  the
Custodian), and 229.1122(d)(1)(iii) in the CFR, which the Servicer has concluded
is not  applicable to the  servicing  activities it performs with respect to the
asset-backed  securities  transactions  covered by this report  (the  Applicable
Servicing  Criteria").  The  transactions  covered by this  report  include  the
asset-backed  securities  transactions,  which were  completed  after January 1,
2006,  and that were  registered  with the SEC pursuant to the Securities Act of
1933 or were not required to be  registered  (the  "Platform")  for which Litton
Loan Servicing LP served as servicer.


The Servicer has assessed its compliance with the Applicable  Servicing Criteria
as of and for the year ended  December  31, 2006 and has  concluded  that it has
complied, in all material respects,  with the Applicable Servicing Criteria with
respect to the Platform taken as a whole, except as disclosed on Exhibit A.

Deloitte & Touche LLP, an independent  registered  public  accounting  firm, has
issued an attestation report on the assessment of compliance with the Applicable
Servicing Criteria as of and for the year ended December 31, 2006.


Date: February 27, 2007

LITTON LOAN SERVICING LP, as Servicer


By:     S: Elizabeth Folk
        -----------------------------
        Elizabeth Folk
        Senior Vice President and
        Chief Financial Officer



                                    Exhibit A

                           Instances of Non-Compliance
                      With Regulation AB Servicing Criteria


The Servicer has assessed its compliance with the Applicable  Servicing Criteria
as of and for the year ended  December 31, 2006,  and has concluded  that it has
complied, in all material respects,  with the Applicable Servicing Criteria with
respect to the Platform taken as a whole, except as disclosed below:


Reconciliations   for   Asset-Backed   Securities   Related   Bank   Account   -
1122(d)(2)(vii)(D)

Our investor bank account  reconciliations  included certain  reconciling  items
that were not resolved within 90 calendar days of their original  identification
on eleven of  sixty-three  investor  bank account  reconciliations  selected for
testing.  The sum of the reconciling items for those eleven  reconciliations was
$216,950.


Adjustments   to  Interest   Rates  for  Pool  Assets  With  Variable   Rates  -
1122(d)(4)(ix)

Our testing of sixty-five adjustable rate mortgages revealed two instances where
certain  adjustable  rate  mortgages  for which the  interest  rate reset in the
servicing system did not agree to interest rates in the appropriate source index
per  the  borrower's  note  documents.   These  were  the  result  of  incorrect
information  transferring  from  the  prior  servicer.  Additionally,  the  same
sixty-five  mortgages  selected  for testing  included  one  instance  where the
adjustable  rate mortgage  payment  change date in the servicing  system did not
agree to the loan documents.


                                      -8-
<PAGE>
                                  EXHIBIT 33.2
                                ----------------


           ASSERTION OF COMPLIANCE WITH APPLICABLE SERVICING CRITERIA

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

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

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

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

Period: Twelve months ended December 31, 2006.

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

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

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

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


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


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

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


March 1, 2007


                                       -9-
<PAGE>
                                  EXHIBIT 33.3
                                ----------------

                                 JPMorgan Chase

              Management's Report on Assessment of Compliance with
                          Applicable Servicing Criteria

     JPMorgan  Chase  Bank,  National  Association  (the  "Asserting  Party") is
responsible for assessing compliance as of September 30, 2006 and for the period
from January 1, 2006 through September 30, 2006 (the "Reporting  Period"),  with
the servicing  criteria set forth in Title 17, Section  229.1122 (d) of the Code
of Federal  Regulations  (the  "CFR"),  to the extent  required  by the  related
transaction   agreements  and  excluding  the  criteria  set  forth  in  17  CFR
229.1122(d)  (1)(ii)-(iv),  (2)(iii),  (2)(vi),  (4)(i)-(ii),  and (4)(iv)-(xiv)
which the Asserting  Party has concluded are not applicable to the activities it
performs with respect to the asset-backed securitization transactions covered by
this report (such  criteria,  after giving effect to the  exclusions  identified
above,  the  "Applicable  Servicing  Criteria").   This  report  covers  certain
asset-backed  securities  transactions  backed by  residential  mortgages,  home
equity loans, auto loans,  credit card receivables,  dealer floor plans,  retail
installment  contracts and manufactured housing contracts for which transactions
the  Asserting  Party  performs the  Applicable  Servicing  Criteria as trustee,
securities   administrator  or  paying  agent  that  were  registered  with  the
Securities  and Exchange  Commission  pursuant to the Securities Act of 1933, as
amended,  where the related asset-backed  securities were outstanding during the
reporting period (the "Platform"), as listed in Appendix A.

     The  Asserting  Party  has  (i)  used  the  criteria  set  forth  in 17 CFR
229.1122(d) to assess the compliance by the Asserting  Party with the Applicable
Servicing  Criteria for the Reporting Period and (ii) concluded that, other than
as identified on Appendix B, the Asserting  Party has complied,  in all material
respects,  with the Applicable  Servicing  Criteria as of September 30, 2006 and
for the Reporting Period with respect to the Platform, taken as a whole.

     PricewaterhouseCoopers  LLP, an independent  registered  public  accounting
firm,  has issued an  attestation  report  for the  Platform,  stating  that the
Asserting Party has complied with the Applicable Servicing Criteria,  except for
material  instances of non-compliance  identified on Appendix B, as of September
30, 2006 and for the Reporting Period.

JPMorgan Chase Bank, National Association

/s/ Kelly A. Mathieson
-----------------------
Kelly A. Mathieson, Managing Director
Date:  March 14, 2007


--------------------------------------------------------------------------------
                                   Appendix A
--------------------------------------------------------------------------------
                         BA Master Credit Card Trust II
                   Capital Auto Receivables Asset Trust 2006-1
                      Capital One Auto Finance Trust 2006-A
                      Capital One Auto Finance Trust 2006-B
                Capital One Prime Auto Receivables Trust, 2006-1
                      Centex Home Equity Loan Trust 2006-A
                          Chase Auto Owner Trust 2006-A
                          Chase Auto Owner Trust 2006-B
          Chase Credit Card Master Trust, Series 1996-2 (Class A and B)
          Chase Credit Card Master Trust, Series 1996-3 (Class A and B)
                  Chase Credit Card Master Trust, Series 2001-1
                  Chase Credit Card Master Trust, Series 2001-2
                  Chase Credit Card Master Trust, Series 2001-4
                  Chase Credit Card Master Trust, Series 2001-6
                  Chase Credit Card Master Trust, Series 2002-1
                  Chase Credit Card Master Trust, Series 2002-3
                  Chase Credit Card Master Trust, Series 2002-5
                  Chase Credit Card Master Trust, Series 2002-7
                  Chase Credit Card Master Trust, Series 2003-1
                  Chase Credit Card Master Trust, Series 2003-2
                  Chase Credit Card Master Trust, Series 2003-3
                  Chase Credit Card Master Trust, Series 2003-4
                  Chase Credit Card Master Trust, Series 2003-5
                  Chase Credit Card Master Trust, Series 2003-6
                  Chase Credit Card Master Trust, Series 2004-1
                  Chase Credit Card Master Trust, Series 2004-2
                   Chase Mortgage Finance Trust Series 2006-A1
                   Chase Mortgage Finance Trust Series 2006-S1
                   Chase Mortgage Finance Trust Series 2006-S2
                          ChaseFlex Trust Series 2006-1
                          ChaseFlex Trust Series 2006-2
                     Citigroup Mortgage Loan Trust 2006-CB3
                           CNH Equipment Trust 2006-A
                           CNH Equipment Trust 2006-B
             CWHEQ Revolving Home Equity Loan Trust, Series 2006- F
              CWHEQ Revolving Home Equity Loan Trust, Series 2006-A
              CWHEQ Revolving Home Equity Loan Trust, Series 2006-B
              CWHEQ Revolving Home Equity Loan Trust, Series 2006-C
              CWHEQ Revolving Home Equity Loan Trust, Series 2006-D
              CWHEQ Revolving Home Equity Loan Trust, Series 2006-E
              CWHEQ Revolving Home Equity Loan Trust, Series 2006-G
              CWHEQ Revolving Home Equity Loan Trust, Series 2006-H
                        DaimlerChrysler Auto Trust-2006-A
            Ford Credit Floorplan Master Owner Trust A, Series 2006-3
            Ford Credit Floorplan Master Owner Trust A, Series 2006-4
                      GMACM Home Equity Loan Trust 2006-HE1
                      GMACM Home Equity Loan Trust 2006-HE2
                      GMACM Home Equity Loan Trust 2006-HE3
                      GMACM Home Equity Loan Trust 2006-HE4
                        GMACM Home Loan Trust 2006-HLTV1
                       GMACM Mortgage Loan Trust 2006-AR2
                            GS Auto Loan Trust 2006-1
                          GSAA Home Equity Trust 2006-1
                         GSAA Home Equity Trust 2006-12
                          GSAA Home Equity Trust 2006-3
                          GSAA Home Equity Trust 2006-5
                          GSAA Home Equity Trust 2006-6
                          GSAA Home Equity Trust 2006-9
                         GSR Mortgage Loan Trust 2006-4F
                    Honda Auto Receivables 2006-1 Owner Trust
                     IXIS Real Estate Capital Trust 2006-HE1
                     IXIS Real Estate Capital Trust 2006-HE2
                J.P. Morgan Mortgage Acquisition Corp. 2006-FRE1
                J.P. Morgan Mortgage Acquisition Corp. 2006-FRE2
                 J.P. Morgan Mortgage Acquisition Corp. 2006-HE1
                J.P. Morgan Mortgage Acquisition Corp. 2006-WMC1
                J.P. Morgan Mortgage Acquisition Trust 2006-ACC1
                 J.P. Morgan Mortgage Acquisition Trust 2006-CW1
                 J.P. Morgan Mortgage Acquisition Trust 2006-HE2
                 J.P. Morgan Mortgage Acquisition Trust 2006-NC1
                 J.P. Morgan Mortgage Acquisition Trust 2006-NC2
                 J.P. Morgan Mortgage Acquisition Trust 2006-RM1
                J.P. Morgan Mortgage Acquisition Trust 2006-WMC2
                J.P. Morgan Mortgage Acquisition Trust 2006-WMC3
                    Nationstar Home Equity Loan Trust 2006-B
                   Newcastle Mortgage Securities Trust 2006-1
                 NovaStar Mortgage Funding Trust, Series 2006-1
                 NovaStar Mortgage Funding Trust, Series 2006-2
                 NovaStar Mortgage Funding Trust, Series 2006-3
                NovaStar Mortgage Funding Trust, Series-2006-MTA1
                Origen Manufactured Housing Contract Trust 2006-A
                 Ownit Mortgage Loan Trust, Series 2006-1 Trust
                 Popular ABS Mortgage Pass-Through Trust 2006-A
                 Popular ABS Mortgage Pass-Through Trust 2006-B
                 Popular ABS Mortgage Pass-Through Trust 2006-C
                 Popular ABS Mortgage Pass-Through Trust 2006-D
                           RAAC Series 2006-SP1 Trust
                           RAAC Series 2006-SP2 Trust
                           RAAC Series 2006-SP3 Trust
                           RAMP Series 2006-RS1 Trust
                           RAMP Series 2006-RS2 Trust
                           RAMP Series 2006-RS3 Trust
                           RAMP Series 2006-RS4 Trust
                           RAMP Series 2006-RS5 Trust
                           RAMP Series 2006-RZ1 Trust
                           RAMP Series 2006-RZ2 Trust
                           RAMP Series 2006-RZ3 Trust
                           RAMP Series 2006-RZ4 Trust
                          RFMSII Series 2006-HSA1 Trust
                      The Home Equity Loan Trust 2006-HSA2
                      The Home Equity Loan Trust 2006-HSA3
                      The Home Equity Loan Trust 2006-HSA4
                      The Home Equity Loan Trust 2006-HSA5
                          The Home Loan Trust 2006-HI1
                          The Home Loan Trust 2006-HI2
                          The Home Loan Trust 2006-HI3
                          The Home Loan Trust 2006-HI4
                          USAA Auto Owner Trust 2006-1
                          USAA Auto Owner Trust 2006-2

--------------------------------------------------------------------------------
                                   APPENDIX B
--------------------------------------------------------------------------------
                       Material Instances of Noncompliance

During the Reporting Period,  the Company has identified the following  material
instances of noncompliance the Applicable Servicing Criteria.

     CFR  Item   1122(d)(3)(i):   Certain  monthly   investor   reports  omitted
     information required by the transaction  agreements and/or contained errors
     in the information presented.

     CFR Item 1122(d)(3)(ii):  Certain monthly investor distributions  contained
     errors as to amounts due to certain investors.

                               Remediation Efforts

Errors and omissions were corrected and appropriate measures were taken to avoid
similar errors and omissions.
--------------------------------------------------------------------------------


        Management's Report on Assessment of Compliance with Applicable
                               Servicing Criteria

     JPMorgan  Chase  Bank,  National  Association  (the  "Asserting  Party") is
responsible  for  assessing  compliance as of October 1, 2006 and for the period
from October 1, 2006 through  December 31, 2006 (the "Reporting  Period"),  with
the servicing  criteria set forth in Title 17, Section  229.1122 (d) of the Code
of Federal  Regulations  (the  "CFR"),  to the extent  required  by the  related
transaction  agreements  excluding the criteria set forth in 17 CFR  229.1122(d)
(1)(i)-(iv),  (2)(i)-(vi),  (3)(i)-(iv),  and  (4)(i)-(xv),  which the Asserting
Party has  concluded  are not  applicable  to the  activities  it performs  with
respect to the asset-backed  securitization  transactions covered by this report
(such  criteria,  after giving effect to the exclusions  identified  above,  the
"Applicable Servicing Criteria"). This report covers the asset-backed securities
transactions backed by residential  mortgages and home equity loans, auto loans,
credit cards, dealer floor plans, retail installment  contracts and manufactured
housing  contracts  for which  transactions  the  Asserting  Party  performs the
applicable  servicing  criteria,  that were  registered  with the Securities and
Exchange  Commission  pursuant to the Securities Act of 1933, as amended,  where
the related  asset-backed  securities were either (1) issued during the calendar
year ending  December 31, 2006 or (2) issued  prior to the calendar  year ending
December 31, 2006 and remain  subject to the  reporting  requirements  under the
Securities and Exchange Act of 1934, as amended (the  "Platform"),  as listed in
Appendix A.

     The  Asserting  Party  has  (i)  used  the  criteria  set  forth  in 17 CFR
229.1122(d) to assess the compliance by the Asserting  Party with the Applicable
Servicing  Criteria  for the  Reporting  Period  and  (ii)  concluded  that  the
Asserting  Party has complied,  in all material  respects,  with the  Applicable
Servicing  Criteria as of December  31, 2006 and for the  Reporting  Period with
respect to the Platform, taken as a whole.

     PricewaterhouseCoopers  LLP, an independent  registered  public  accounting
firm,  has issued an attestation  report for the Platform,  on our assessment of
compliance  with the Applicable  Servicing  Criteria as of December 31, 2006 and
for the Reporting Period as set forth in this report.

JPMorgan Chase Bank, National Association

/s/ Brian Goldman
------------------------------------
Brian Goldman, Senior Vice President
Date:  March 12, 2007


--------------------------------------------------------------------------------
                                   Appendix A
--------------------------------------------------------------------------------
                         BA Master Credit Card Trust II
                   Capital Auto Receivables Asset Trust 2006-1
                   Capital Auto Receivables Asset Trust 2006-2
                      Capital One Auto Finance Trust 2006-A
                      Capital One Auto Finance Trust 2006-B
                      Capital One Auto Finance Trust 2006-C
                 Capital One Prime Auto Receivables Trust 2006-2
                Capital One Prime Auto Receivables Trust, 2006-1
                      Centex Home Equity Loan Trust 2006-A
                          Chase Auto Owner Trust 2006-A
                          Chase Auto Owner Trust 2006-B
          Chase Credit Card Master Trust, Series 1996-2 (Class A and B)
          Chase Credit Card Master Trust, Series 1996-3 (Class A and B)
                  Chase Credit Card Master Trust, Series 2001-1
                  Chase Credit Card Master Trust, Series 2001-2
                  Chase Credit Card Master Trust, Series 2001-4
                  Chase Credit Card Master Trust, Series 2001-6
                  Chase Credit Card Master Trust, Series 2002-1
                  Chase Credit Card Master Trust, Series 2002-3
                  Chase Credit Card Master Trust, Series 2002-5
                  Chase Credit Card Master Trust, Series 2002-7
                  Chase Credit Card Master Trust, Series 2003-1
                  Chase Credit Card Master Trust, Series 2003-2
                  Chase Credit Card Master Trust, Series 2003-3
                  Chase Credit Card Master Trust, Series 2003-4
                  Chase Credit Card Master Trust, Series 2003-5
                  Chase Credit Card Master Trust, Series 2003-6
                  Chase Credit Card Master Trust, Series 2004-1
                  Chase Credit Card Master Trust, Series 2004-2
                   Chase Mortgage Finance Trust Series 2006-A1
                   Chase Mortgage Finance Trust Series 2006-S1
                   Chase Mortgage Finance Trust Series 2006-S2
                   Chase Mortgage Finance Trust Series 2006-S3
                   Chase Mortgage Finance Trust Series 2006-S4
                          ChaseFlex Trust Series 2006-1
                          ChaseFlex Trust Series 2006-2
                     Citigroup Mortgage Loan Trust 2006-CB3
                           CNH Equipment Trust 2006-A
                           CNH Equipment Trust 2006-B
             CWHEQ Revolving Home Equity Loan Trust, Series 2006- F
              CWHEQ Revolving Home Equity Loan Trust, Series 2006-A
              CWHEQ Revolving Home Equity Loan Trust, Series 2006-B
              CWHEQ Revolving Home Equity Loan Trust, Series 2006-C
              CWHEQ Revolving Home Equity Loan Trust, Series 2006-D
              CWHEQ Revolving Home Equity Loan Trust, Series 2006-E
              CWHEQ Revolving Home Equity Loan Trust, Series 2006-G
              CWHEQ Revolving Home Equity Loan Trust, Series 2006-H
              CWHEQ Revolving Home Equity Loan Trust, Series 2006-I
                        DaimlerChrysler Auto Trust-2006-A
            Ford Credit Floorplan Master Owner Trust A, Series 2006-3
            Ford Credit Floorplan Master Owner Trust A, Series 2006-4
                    GE Equipment Midticket LLC, Series 2006-1
                      GMACM Home Equity Loan Trust 2006-HE1
                      GMACM Home Equity Loan Trust 2006-HE2
                      GMACM Home Equity Loan Trust 2006-HE3
                      GMACM Home Equity Loan Trust 2006-HE4
                      GMACM Home Equity Loan Trust 2006-HE5
                        GMACM Home Loan Trust 2006-HLTV1
                       GMACM Mortgage Loan Trust 2006-AR2
                            GS Auto Loan Trust 2006-1
                          GSAA Home Equity Trust 2006-1
                         GSAA Home Equity Trust 2006-12
                          GSAA Home Equity Trust 2006-3
                          GSAA Home Equity Trust 2006-5
                          GSAA Home Equity Trust 2006-6
                          GSAA Home Equity Trust 2006-9
                         GSR Mortgage Loan Trust 2006-4F
                    Honda Auto Receivables 2006-1 Owner Trust
                     IXIS Real Estate Capital Trust 2006-HE1
                     IXIS Real Estate Capital Trust 2006-HE2
                J.P. Morgan Mortgage Acquisition Corp. 2006-FRE1
                J.P. Morgan Mortgage Acquisition Corp. 2006-FRE2
                 J.P. Morgan Mortgage Acquisition Corp. 2006-HE1
                J.P. Morgan Mortgage Acquisition Corp. 2006-WMC1
                J.P. Morgan Mortgage Acquisition Trust 2006-ACC1
                 J.P. Morgan Mortgage Acquisition Trust 2006-CH1
                 J.P. Morgan Mortgage Acquisition Trust 2006-CH2
                 J.P. Morgan Mortgage Acquisition Trust 2006-CW1
                 J.P. Morgan Mortgage Acquisition Trust 2006-HE2
                 J.P. Morgan Mortgage Acquisition Trust 2006-HE3
                 J.P. Morgan Mortgage Acquisition Trust 2006-NC1
                 J.P. Morgan Mortgage Acquisition Trust 2006-NC2
                 J.P. Morgan Mortgage Acquisition Trust 2006-RM1
                J.P. Morgan Mortgage Acquisition Trust 2006-WMC2
                J.P. Morgan Mortgage Acquisition Trust 2006-WMC3
                J.P. Morgan Mortgage Acquisition Trust 2006-WMC4
                    Nationstar Home Equity Loan Trust 2006-B
                   Newcastle Mortgage Securities Trust 2006-1
                 NovaStar Mortgage Funding Trust, Series 2006-1
                 NovaStar Mortgage Funding Trust, Series 2006-2
                 NovaStar Mortgage Funding Trust, Series 2006-3
                NovaStar Mortgage Funding Trust, Series-2006-MTA1
                Origen Manufactured Housing Contract Trust 2006-A
                 Ownit Mortgage Loan Trust, Series 2006-1 Trust
                 Popular ABS Mortgage Pass-Through Trust 2006-A
                 Popular ABS Mortgage Pass-Through Trust 2006-B
                 Popular ABS Mortgage Pass-Through Trust 2006-C
                 Popular ABS Mortgage Pass-Through Trust 2006-D
                 Popular ABS Mortgage Pass-Through Trust 2006-E
                           RAAC Series 2006-SP1 Trust
                           RAAC Series 2006-SP2 Trust
                           RAAC Series 2006-SP3 Trust
                           RAMP Series 2006-RS1 Trust
                           RAMP Series 2006-RS2 Trust
                           RAMP Series 2006-RS3 Trust
                           RAMP Series 2006-RS4 Trust
                           RAMP Series 2006-RS5 Trust
                           RAMP Series 2006-RZ1 Trust
                           RAMP Series 2006-RZ2 Trust
                           RAMP Series 2006-RZ3 Trust
                           RAMP Series 2006-RZ4 Trust
                          RFMSII Series 2006-HSA1 Trust
                      The Home Equity Loan Trust 2006-HSA2
                      The Home Equity Loan Trust 2006-HSA3
                      The Home Equity Loan Trust 2006-HSA4
                      The Home Equity Loan Trust 2006-HSA5
                          The Home Loan Trust 2006-HI1
                          The Home Loan Trust 2006-HI2
                          The Home Loan Trust 2006-HI3
                          The Home Loan Trust 2006-HI4
                          USAA Auto Owner Trust 2006-1
                          USAA Auto Owner Trust 2006-2


                                      -10-

<PAGE>
                                  EXHIBIT 34.1
                                ----------------


A REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Partners of
Litton Loan Servicing LP:

We have examined Litton Loan Servicing LP ("the Company's")  compliance with the
servicing  criteria set forth in  Item 1122 (d)  of the  Securities and Exchange
Commission's  Regulation  AB for the  Asset  Backed  Securities  Platform  ("the
Platform")  described in the accompanying  Management's  Report on Assessment of
Compliance  with SEC  Regulation  AB  Servicing  Criteria as of and for the year
ended December 31, 2006, excluding criteria 1122 (d)(1)(iii), 1122 (d)(3)(i)(C),
1122 (d)(3)(ii)    regarding   the   waterfall   calculation,    1122 (d)(4)(i),
1122 (d)(4)(ii),  and  1122 (d)(4)(xv),  which management has determined are not
applicable  to the  activities  performed  by the  Company  with  respect to the
Platform.  Management  is  responsible  for the  Company's  compliance  with the
servicing criteria. Our responsibility is to express an opinion on the Company's
compliance with the servicing criteria based on our examination.

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

Our  examination  disclosed  the  following  material   noncompliance  with  the
servicing  criteria set forth in  Item 1122 (d)  of the  Securities and Exchange
Commission's  Regulation  AB  applicable  to the  Company  during the year ended
December 31, 2006:

*    1122(d)(2)(vii)-Reconciliations  contain  exceptions for reconciling items.
     These  reconciling  items are  resolved  within  90 calendar  days of their
     original  identification,  or such other number of days as specified in the
     transaction  agreements.  Our testing of  reconciliations  included certain
     reconciling  items that were not resolved within  90 calendar days of their
     original  identification  on eleven of  sixty-three  investor  bank account
     reconciliations  selected for testing.  The net of these  reconciling items
     for those eleven reconciliations was $216,950.

*    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. Our testing of sixty-five adjustable rate mortgages revealed two
     instances for which the interest rate reset in the servicing system did not
     agree to the  interest  rates in the  appropriate  servicing  index per the
     borrower's note documents.  These were the result of incorrect  information
     transferring  from the prior  servicer.  Additionally,  the same sixty-five
     mortgages  selected for testing  included one instance where the adjustable
     rate mortgage  payment change date in the servicing system did not agree to
     the loan documents.

In our opinion, except for the material noncompliance described in the preceding
paragraph,   the  Company  complied,   in  all  material   respects,   with  the
aforementioned  applicable  servicing  criteria for the Asset Backed  Securities
Platform as of and for the year ended December 31, 2006.


S:\ Deloitte & Touche LLP
-------------------------
Houston, Texas
February 27, 2007


                                      -11-

<PAGE>

                                  EXHIBIT 34.2
                                ----------------


        Report of Independent Registered Public Accounting Firm


Board of Directors
The Bank of New York

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

Our  examination  was  conducted  in  accordance  with   attestation   standards
established  by the  American  Institute  of Certified  Public  Accountants,  as
adopted by the Public Company  Accounting  Oversight  Board (United States) and,
accordingly,  included examining,  on a test basis, evidence about the Company's
compliance  with the applicable  servicing  criteria and  performing  such other
procedures  as we considered  necessary in the  circumstances.  Our  examination
included testing of less than all of the individual  transactions and securities
that comprise the platform, testing of less than all of the servicing activities
related to the Platform,  and  determining  whether the Company  processed those
selected transactions and performed those selected activities in compliance with
the servicing criteria and as permitted by the  Interpretation  17.06 of the SEC
Division  of  Corporation   Finance  Manual  of  Publicly  Available   Telephone
Interpretations  ("Interpretation  17.06").  Furthermore,  our  procedures  were
limited to the selected  transactions and servicing  activities performed by the
Company  during  the period  covered by this  report.  Our  procedures  were not
designed  to  determine  whether  errors may have  occurred  either  prior to or
subsequent  to our  tests  that  may  have  affected  the  balances  or  amounts
calculated or reported by the Company  during the period  covered by this report
for the selected  transactions  or any other  transactions.  We believe that our
examination  provides a reasonable  basis for our opinion.  Our examination does
not provide a legal determination on the Company's compliance with the servicing
criteria.

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


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


                                      -12-

<PAGE>
                                  EXHIBIT 34.3
                                ----------------


             Report of Independent Registered Public Accounting Firm


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

We have examined  JPMorgan Chase Bank,  National  Association's  (the "Company")
compliance  with  the  servicing  criteria  set  forth  in Item  1122(d)  of the
Securities and Exchange Commission's  Regulation AB as of September 30, 2006 and
for the  period  from  January 1, 2006 to  September  30,  2006 (the  "Reporting
Period") for the  asset-backed  securities  transactions  backed by  residential
mortgages, home equity loans, auto loans, credit card receivables,  dealer floor
plans, retail installment contracts and manufactured housing contracts that were
registered  with  the  Securities  and  Exchange   Commission  pursuant  to  the
Securities Act of 1933, as amended,  where the related  asset-backed  securities
were outstanding  during the Reporting Period (the "Platform")  described in the
accompanying  Management's  Report on Assessment of Compliance  with  Applicable
Servicing  Criteria,  excluding criteria  1122(d)(1)(ii)-(iv),  1122(d)(2)(iii),
1122(d)(2)(vi),  1122(d)(4)(i)-(ii), and 1122(d)(4)(iv)-(xiv), which the Company
has determined are not  applicable to the servicing  activities  performed by it
with respect to the Platform.  Appendix A to management's  assertion  identifies
the individual asset-backed transactions and securities defined by management as
constituting   the  Platform.   Management  is  responsible  for  the  Company's
compliance  with the servicing  criteria.  Our  responsibility  is to express an
opinion on the Company's  compliance  with the servicing  criteria  based on our
examination.

Our examination was conducted in accordance with standards of the Public Company
Accounting Oversight Board (United States) and, accordingly, included examining,
on a test basis,  evidence  about the Company's  compliance  with the applicable
servicing  criteria  and  performing  such  other  procedures  as we  considered
necessary in the  circumstances.  Our examination  included  testing of selected
asset- backed transactions and securities that comprise the Platform, testing of
selected servicing  activities related to the Platform,  and determining whether
the Company  processed those selected  transactions and performed those selected
activities in compliance with the applicable servicing criteria.  Our procedures
were limited to the selected  transactions and servicing activities performed by
the Company  during the period covered by this report.  Our procedures  were not
designed to detect  noncompliance  arising  from  errors that may have  occurred
prior to or  subsequent  to our tests that may have  affected  the  balances  or
amounts  calculated or reported by the Company during the period covered by this
report.  We believe that our  examination  provides a  reasonable  basis for our
opinion. Our examination does not provide a legal determination on the Company's
compliance with the servicing criteria.

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

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


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



             Report of Independent Registered Public Accounting Firm

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

We  have  examined   management's   assertion,   included  in  the  accompanying
Management's  Report on  Assessment  of  Compliance  with  Applicable  Servicing
Criteria,  that  JPMorgan  Chase  Bank,  National  Association  (the  "Company")
complied with the servicing  criteria set forth in Item 1122(d)of the Securities
and  Exchange  Commission's  Regulation  AB as of December  31, 2006 and for the
period from  October 1, 2006 to December 31, 2006 (the  "Reporting  Period") for
the asset-backed securities  transactions backed by residential mortgages,  home
equity loans, auto loans,  credit cards,  dealer floor plans, retail installment
contracts and  manufactured  housing  contacts,  that were  registered  with the
Securities  and Exchange  Commission  pursuant to the Securities Act of 1933, as
amended,  where the related asset-backed  securities were outstanding during the
Reporting  Period  (the  "Platform"),   excluding  criteria  1122(d)(1)(i)-(iv),
1122(d)(2)(i)-(vi), 1122(d)(3)(i)-(iv) and 1122(d)(4)(i)-(xv), which the Company
has determined are not  applicable to the servicing  activities  performed by it
with respect to the Platform.  Appendix A to management's  assertion  identifies
the individual asset-backed transactions and securities defined by management as
constituting   the  Platform.   Management  is  responsible  for  the  Company's
compliance  with the servicing  criteria.  Our  responsibility  is to express an
opinion on management's assertion based on our examination.

Our examination was conducted in accordance with standards of the Public Company
Accounting Oversight Board (United States) and, accordingly, included examining,
on a test basis,  evidence  about the Company's  compliance  with the applicable
servicing  criteria  and  performing  such  other  procedures  as we  considered
necessary in the  circumstances.  Our examination  included  testing of selected
asset- backed transactions and securities that comprise the Platform, testing of
selected servicing  activities related to the Platform,  and determining whether
the Company  processed those selected  transactions and performed those selected
activities in compliance with the applicable servicing criteria.  Our procedures
were limited to the selected  transactions and servicing activities performed by
the Company  during the period covered by this report.  Our procedures  were not
designed to detect  noncompliance  arising  from  errors that may have  occurred
prior to or  subsequent  to our tests that may have  affected  the  balances  or
amounts  calculated or reported by the Company during the period covered by this
report.  We believe that our  examination  provides a  reasonable  basis for our
opinion. Our examination does not provide a legal determination on the Company's
compliance with the servicing criteria.

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


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


                                      -13-

<PAGE>
                                  EXHIBIT 35.1
                                ----------------

Litton Loan Servicing                                    4828 Loop Central Drive
                                                                Houston TX 77081
                                                         Telephone  713-966-8966
                                                               Fax  713-218-4595
                                                              www.littonloan.com


                          SERVICER COMPLIANCE STATEMENT

                     Citigroup Mortgage Loan Trust 2006-CB3

The  undersigned  officer  of Litton  Loan  Servicing  LP  provides  the  Annual
Statement as to Compliance  as required by the Pooling and  Servicing  Agreement
for the  above  referenced  security  and  certifies  that (i) a  review  of the
activities of the Servicer during such preceding  calendar year (or such shorter
period in the case of the first  such  report)  and of  performance  under  this
Agreement  has  been  made  under  my  supervision,  and  (ii) to the best of my
knowledge,  based on such review, the Servicer has fulfilled all its obligations
under this  Agreement  in all material  respects  for 2006,  except as disclosed
below:

Reconciliations   for   Asset-Backed   Securities   Related   Bank   Account   -
1122(d)(2)(vii)(D)

     Our investor  bank account  reconciliations  included  certain  reconciling
     items that were not  resolved  within 90  calendar  days of their  original
     identification   on   eleven   of   sixty-three   investor   bank   account
     reconciliations  selected for testing. The sum of the reconciling items for
     those eleven reconciliations was $216,950.

Adjustments   to  Interest   Rates  for  Pool  Assets  With  Variable   Rates  -
1122(d)(4)(ix)

     Our testing of sixty-five  adjustable rate mortgages revealed two instances
     where certain  adjustable  rate mortgages for which the interest rate reset
     in the servicing  system did not agree to interest rates in the appropriate
     source index per the borrower's  note  documents.  These were the result of
     incorrect information  transferring from the prior servicer.  Additionally,
     the same sixty-five  mortgages  selected for testing  included one instance
     where the  adjustable  rate mortgage  payment  change date in the servicing
     system did not agree to the loan documents.


Date: February 27, 2007


                                S: Elizabeth Folk
                                ----------------------------------
                                Elizabeth Folk
                                Senior Vice President and
                                Chief Financial Officer
                                Litton Loan Servicing LP



                                      -14-