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



                                    FORM 10-K

(Mark One)
|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 Transition period ______________________________


             Commission File Number of issuing entity: 333-131211-02
                           RAAC SERIES 2006-SP2 TRUST
           (Exact name of issuing entity as specified in its charter)

                    RESIDENTIAL ASSET MORTGAGE PRODUCTS, INC.
              (Exact name of depositor as specified in its charter)

                        RESIDENTIAL FUNDING COMPANY, LLC
               (Exact name of sponsor as specified in its charter)

                                    New York
                       ------------------------ ---------
      (State or other jurisdiction of incorporation or organization of the
                                 issuing entity)


            c/o Residential Funding Company, LLC, as Master Servicer
                         8400 Normandale Lake Boulevard
                          Minneapolis, Minnesota 55437
               -------------------- -----------------------------
           (Address of principal executive offices of issuing entity)

             (952) 857-7000 (Telephone number, including area code)

                                      None
                      (I.R.S. Employer Identification No.)

                                       N/A
           (Former name, former address, if changed since last report)

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.

<PAGE>



Yes  |X|  No  |_|
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.
|X| Yes           |_| No
Indicate by check mark if disclosure of delinquent  filers  pursuant to Item 405
of Regulation  S-K 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 II of the Form 10-K or any  amendment to this
Form 10-K. |X| [Item 405 of Regulation S-K is not applicable.] 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  12b-2 of the  Exchange  Act.  (Check  one):  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| Registrant has no voting or non-voting  common
equity outstanding held by non-affiliates.


<PAGE>


                                     PART I

THE FOLLOWING ITEMS HAVE BEEN OMITTED IN ACCORDANCE  WITH GENERAL  INSTRUCTION J
TO FORM 10-K:

Item 1: Business.
Item 1A: Risk Factors.
Item 2: Properties.
Item 3: Legal Proceedings.
Item 4: Submission of Matters to a Vote of Security Holders.

ITEM 1B. UNRESOLVED STAFF COMMENTS.

Not Applicable.

SUBSTITUTE INFORMATION PROVIDED IN ACCORDANCE WITH GENERAL INSTRUCTION J TO FORM
10-K:

ITEM 1112(B) OF REGULATION AB. SIGNIFICANT OBLIGORS OF POOL ASSETS
(FINANCIAL INFORMATION).

None.

ITEM 1114(B)(2) OF REGULATION AB: CREDIT ENHANCEMENT AND OTHER SUPPORT,
EXCEPT FOR CERTAIN DERIVATIVES INSTRUMENTS (FINANCIAL INFORMATION).

None.

ITEM 1115(B) OF REGULATION AB: CERTAIN DERIVATIVES INSTRUMENTS (FINANCIAL
INFORMATION).

Based  on the  standards  set  forth  in  Item  1115(b)  of  Regulation  AB,  no
information is required in response to this Item.

ITEM 1117 OF REGULATION AB: LEGAL PROCEEDINGS.

There are no material pending legal or other proceedings  involving the mortgage
loans or Residential Funding Company,  LLC ("Residential  Funding"),  as sponsor
and master servicer,  Residential Asset Mortgage  Products,  Inc., as depositor,
RAAC Series 2006-SP2 Trust, as the issuing entity,  Homecomings  Financial,  LLC
("Homecomings")  and GMAC Mortgage,  LLC ("GMACM"),  as  subservicers,  or other
parties  described in Item 1117 of  Regulation AB that,  individually  or in the
aggregate,  would have a material  adverse impact on investors in the securities
(the "Securities") to which this report relates.


<PAGE>

Residential  Funding,  Homecomings  and GMACM are  currently  parties to various
legal  proceedings  arising  from time to time in the  ordinary  course of their
businesses,  some of which  purport to be class  actions.  Based on  information
currently available,  it is the opinion of Residential Funding,  Homecomings and
GMACM that the  eventual  outcome of any  currently  pending  legal  proceeding,
individually  or in the  aggregate,  will not have a material  adverse effect on
their ability to perform their obligations in relation to the mortgage loans. No
assurance,  however,  can be  given  that  the  final  outcome  of  these  legal
proceedings, if unfavorable,  either individually or in the aggregate, would not
have a material adverse impact on Residential Funding, Homecomings or GMACM. Any
such  unfavorable  outcome  could  adversely  affect the ability of  Residential
Funding,  Homecomings  or GMACM to perform its servicing  duties with respect to
the  mortgage  loans and  potentially  lead to the  replacement  of  Residential
Funding, Homecomings or GMACM with a successor servicer.

                                     PART II

THE FOLLOWING ITEMS HAVE BEEN OMITTED IN ACCORDANCE  WITH GENERAL  INSTRUCTION J
TO FORM 10-K:

Item 5:  Market for Registrant's Common Equity, Related Stockholder Matters
         and Issuer Purchases of Equity Securities.
Item 6:  Selected Financial Data.
Item 7:  Management's Discussion and Analysis of Financial Condition and
         Results of Operations.
Item 7A: Quantitative and Qualitative Disclosures about Market Risk.
Item 8:  Financial Statements and Supplementary Data.
Item 9:  Changes in and Disagreements with Accountants on Accounting and
         Financial Disclosure.
Item 9A: Controls and Procedures.

ITEM 9B: OTHER INFORMATION.

None.

                                    PART III

THE FOLLOWING ITEMS HAVE BEEN OMITTED IN ACCORDANCE  WITH GENERAL  INSTRUCTION J
TO FORM 10-K:

Item 10: Directors and Executive Officers of the Registrant.
Item 11: Executive Compensation.
Item 12: Security Ownership of Certain Beneficial Owners and Management and
         Related Stockholder Matters.
Item 13: Certain Relationships and Related Transactions.
Item 14: Principal Accountant Fees and Services.


<PAGE>

SUBSTITUTE INFORMATION PROVIDED IN ACCORDANCE WITH GENERAL INSTRUCTION J TO FORM
10-K:

ITEM 1119 OF REGULATION AB:  AFFILIATIONS AND CERTAIN RELATIONSHIPS AND
RELATED TRANSACTIONS.

Information  contemplated  by Item 1119 of  Regulation  AB has been omitted from
this report in reliance on the Instruction to Item 1119.

ITEM 1122 OF REGULATION AB: COMPLIANCE WITH APPLICABLE SERVICING CRITERIA.

Each of  Residential  Funding  Company,  LLC, GMAC  Mortgage,  LLC,  Homecomings
Financial,  LLC, Bank of America,  N.A.,  Litton Loan  Servicing,  LP,  Wilshire
Credit  Corporation,  LandAmerica Tax and Flood Services,  Inc.,  JPMorgan Chase
Bank,  N.A.,  The Bank of New York Trust  Company,  N.A.  and Wells  Fargo Bank,
National  Association  (each, a "Servicing  Participant") has been identified by
the registrant as a party  participating in the servicing  function with respect
to the pool assets held by the Issuing  Entity.  Each Servicing  Participant has
completed a report on an assessment of  compliance  with the servicing  criteria
applicable to such Servicing Participant (each, a "Report on Assessment"), which
Reports on  Assessment  are attached as exhibits to this Form 10-K. In addition,
each  Servicing  Participant  has  provided  an  attestation  report  (each,  an
"Attestation  Report")  by  a  registered  independent  public  accounting  firm
regarding its related Report on Assessment.  Each Attestation Report is attached
as an exhibit to this Form 10-K.

A Servicing  Participant may engage one or more vendors to perform  specific and
limited,  or scripted  activities  that  address all or a portion of one or more
servicing criteria applicable to such Servicing Participant. In general in these
cases,  the Servicing  Participant  has  instituted  policies and  procedures to
monitor whether such vendors'  activities  comply in all material  respects with
such  servicing  criteria,  and may elect to take  responsibility  for assessing
compliance with the servicing criteria applicable to such vendors' activities in
such  Servicing   Participant's  Report  on  Assessment.   Where  the  Servicing
Participant  has not  instituted  such  policies  and  procedures,  or where the
Servicing  Participant  does  not  otherwise  elect to take  responsibility  for
assessing its vendors'  activities,  the vendor is itself treated as a Servicing
Participant  and is required to provide its own Report on Assessment and related
Attestation Report.

Except as disclosed below, no Report on Assessment or related Attestation Report
has identified  (i) any material  instance of  noncompliance  with the servicing
criteria  identified  in such Report on  Assessment as applicable to the related
Servicing  Participant  or  (ii)  any  material  deficiency  in  such  Servicing
Participant's policies and procedures to monitor vendor compliance.

Exceptions:

Residential  Funding  Company,   LLC:  The  Report  on  Assessment  prepared  by
Residential  Funding  Company,  LLC  and the  related  Attestation  Report  have
identified material noncompliance with one servicing criterion applicable to it.
Specifically,   with  regard  to  servicing  criterion  1122(d)(3)(i)(B)  (which
contemplates  that  reports  to  investors  provide  information  calculated  in
accordance with the terms specified in the transaction agreements),  information
required  by the  transaction  agreements  was  excluded  from,  or  incorrectly
reported in, certain of the investor  reports.  The registrant  does not believe
these  reporting  errors had any material  impacts or effects on  investors  and
corrective action was completed to address ongoing compliance.


<PAGE>

Litton  Loan  Servicing  LP: The Report on  Assessment  prepared  by Litton Loan
Servicing LP ("LLS") and the related Attestation Report have identified material
instances  of  noncompliance  with  two  servicing  criteria  applicable  to it.
Specifically -

   o  With regard to servicing criterion 1122(d)(2)(vii)(D),  which contemplates
      that  reconciliations are prepared on a monthly basis for all asset-backed
      securities   related   bank   accounts,   LLS's   investor   bank  account
      reconciliations  included certain reconciling items that were not resolved
      within  90  calendar  days of their  original  identification  on 11 of 63
      investor bank account reconciliations  selected for testing. LLS indicates
      that the sum of the  reconciling  items for those 11  reconciliations  was
      $216,950.

   o  With regard to servicing criterion 1122(d)(4)(ix), which contemplates that
      adjustments  to  interest  rates on pool assets  with  variable  rates are
      computed  in  accordance  with the  related  pool asset  documents,  LLS's
      testing of 65 adjustable rate mortgages revealed 2 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.  LLS  indicates  that  these
      instances  were the result of incorrect  information  transferring  from a
      prior servicer. LLS also indicates that the same 65 mortgages selected for
      testing  included 1 instance  where the adjustable  rate mortgage  payment
      change date in the servicing system did not agree to the loan documents.

In addition,  the Compliance Statement prepared by LLS (see the discussion below
under "Item 1123 of Regulation AB: Servicer  Compliance  Statement")  identifies
instances of noncompliance with one additional servicing criterion applicable to
it. Specifically -

   o  With regard to servicing  criterion  1122(d)(4)(vii),  which  contemplates
      that records  documenting  collection  efforts are  maintained  during the
      period a pool  asset is  delinquent  in  accordance  with the  transaction
      agreements,  LLS's  testing  disclosed 2 instances  for which there was no
      evidence that approvals  required under the  applicable  master  servicing
      guide were obtained for repayment plans that were longer than 12 months.

Wilshire  Credit  Corporation:  The Report on  Assessment  prepared  by Wilshire
Credit  Corporation  ("WCC") and the related  Attestation Report have identified
material   noncompliance  with  one  servicing   criterion   applicable  to  it.
Specifically,   with  regard  to  servicing  criterion   1122(d)(4)(iv),   which
contemplates  that payments on pool assets are  administered  in accordance with
the transaction  agreements,  WCC's testing  revealed that, for 1 of the 45 loan
payoffs selected for testing, WCC charged a prepayment charge to a borrower that
was not in accordance  with the related  mortgage  note.  WCC indicates  that it
calculated the prepayment  charge in accordance with the related  mortgage note,
but transposed the numbers when entering the charge into WCC's system, resulting
in an  overcharge to the borrower.  WCC also  indicates  that the error has been
corrected  and  the  overcharge  was  refunded  to the  borrower.  We  have  not
independently  verified the accuracy of WCC's  assertions or the adequacy of its
remediation efforts.


<PAGE>

JPMorgan Chase Bank, N.A.: The Reports on Assessment  prepared by JPMorgan Chase
Bank, N.A. ("JPM") and the related  Attestation Reports have identified material
instances  of  noncompliance  with  two  servicing  criteria  applicable  to it.
Specifically -

   o  with regard to servicing criterion  1122(d)(3)(i) (which contemplates that
      reports to investors are  maintained in  accordance  with the  transaction
      agreements and applicable SEC requirements),  information  required by the
      transaction  agreements  was excluded  from, or  incorrectly  reported in,
      certain of the investor reports; and

   o  with regard to servicing criterion 1122(d)(3)(ii) (which contemplates that
      amounts due to investors are allocated and remitted in accordance with the
      terms set forth in the transaction  agreements),  certain monthly investor
      distributions contained errors as to amounts due to certain investors.

JPM  indicates in Appendix B to its Report on  Assessment  that these errors and
omissions  were  corrected  and that  appropriate  measures  were taken to avoid
similar errors and omissions. We have not independently verified the accuracy of
JPM's assertions or the adequacy of its remediation efforts.

Platform-Level Reports:

Regulations of the Securities and Exchange  Commission  (the "SEC") require that
each  Servicing  Participant  complete a Report on  Assessment  at a  "platform"
level,  meaning that the transactions covered by the Report on Assessment should
include  all  asset-backed  securities  transactions  involving  such  Servicing
Participant  that are backed by the same asset type.  More recent  guidance from
the SEC staff identifies additional parameters which a Servicing Participant may
apply to define  and  further  limit its  platform.  For  example,  a  Servicing
Participant  may define its  platform  to include  only  transactions  that were
completed  on or after  January  1, 2006 and that were  registered  with the SEC
pursuant  to  the  Securities  Act  of  1933.  Each  Servicing   Participant  is
responsible  for defining its own platform,  and each  platform  will  naturally
differ based on various factors,  including the Servicing Participant's business
model and the transactions in which it is involved.

Based on our understanding of their platforms and the guidance that is available
at this time, we believe that the parameters by which the Servicing Participants
have defined their platforms should be permissible.  However,  because the SEC's
regulations  are new and the guidance  that is available at this time is subject
to clarification or change, we cannot assure you that the SEC and its staff will
necessarily agree.

ITEM 1123 OF REGULATION AB: SERVICER COMPLIANCE STATEMENT.

Each of  Residential  Funding  Company,  LLC, GMAC  Mortgage,  LLC,  Homecomings
Financial,  LLC, Bank of America,  N.A. and Wilshire Credit Corporation (each, a
"Servicer")  has been identified by the registrant as a servicer with respect to
the pool  assets  held by the  Issuing  Entity.  Each  Servicer  has  provided a
statement of  compliance  with its  obligations  under the  servicing  agreement
applicable to such Servicer (a "Compliance Statement") for the period covered by
this Form 10-K,  in each case  signed by an  authorized  officer of the  related
servicer. Each Compliance Statement is attached as an exhibit to this Form 10-K.

Except as disclosed  below, no Compliance  Statement has identified any instance
where the  related  Servicer  has failed to fulfill  its  obligations  under the
applicable servicing agreement in any material respect.

Exceptions:

Litton  Loan  Servicing  LP: The  Compliance  Statement  prepared by Litton Loan
Servicing LP identifies the same  exceptions as its exceptions  described  above
under  "Item  1122  of  Regulation  AB:  Compliance  with  Applicable  Servicing
Criteria."


                                     PART IV

ITEM 15.    EXHIBITS, FINANCIAL STATEMENT SCHEDULES.

      (a)(1) Not Applicable.

      (a)(2) Not Applicable.

      (a)(3) Not Applicable.

      (b) Exhibits.


<PAGE>

EXHIBIT
NUMBER                                  DESCRIPTION
----------   ------------------------------------------------------------------
3.1          Certificate of Incorporation of Residential Asset Mortgage
             Products, Inc. (incorporated by reference to the Annual Report
             on Form 10-K for the period ended December 31, 2006, filed by
             RAMP Series 2006-EFC1 Trust with the Securities and Exchange
             Commission).
3.2          Bylaws of Residential Asset Mortgage Products, Inc.
             (incorporated by reference to the Annual Report on Form 10-K for
             the period ended December 31, 2006, filed by RAMP Series
             2006-EFC1 Trust with the Securities and Exchange Commission).
10.1         Pooling and Servicing  Agreement,  dated as of April 1, 2006, among
             Residential   Asset   Mortgage   Products,   Inc.,   as  depositor,
             Residential  Funding  Company,  LLC (formerly  Residential  Funding
             Corporation), as master servicer, and JPMorgan Chase Bank, N.A., as
             trustee  (incorporated by reference to the Report on Form 8-K filed
             by the Issuing Entity with the  Securities and Exchange  Commission
             on June 9, 2006).
31.1         Certification of Residential Funding Company,  LLC pursuant to Rule
             13a-14(d)/15d-14(d) under the Securities Exchange Act of 1934.
33.1         Report on  Assessment  of  Compliance  with  Servicing  Criteria of
             Residential  Funding  Company,  LLC as of December 31, 2006 and for
             the period covered by this Form 10-K.
33.2         Report on Assessment of Compliance with Servicing  Criteria of GMAC
             Mortgage, LLC as of December 31, 2006 and for the period covered by
             this Form 10-K.
33.3         Report on  Assessment  of  Compliance  with  Servicing  Criteria of
             Homecomings  Financial,  LLC as of  December  31,  2006 and for the
             period covered by this Form 10-K.
33.4         Report on Assessment of Compliance with Servicing  Criteria of Bank
             of America, N.A. as of December 31, 2006 and for the period covered
             by this Form 10-K.
33.5         Report on  Assessment  of  Compliance  with  Servicing  Criteria of
             Litton  Loan  Servicing,  LP as of  December  31,  2006 and for the
             period covered by this Form 10-K.
33.6.1       Report on  Assessment  of  Compliance  with  Servicing  Criteria of
             Wilshire  Credit  Corporation  as of December  31, 2006 and for the
             period covered by this Form 10-K.
33.6.2       Report on Assessment of Compliance with Servicing Criteria of
             LandAmerica Tax and Flood Services, Inc. as of December 31, 2006
             and for the period covered by this Form 10-K.
33.7         Report on Assessment of Compliance with Servicing Criteria of
             JPMorgan Chase Bank, N.A.
33.8         Report on Assessment of Compliance with Servicing Criteria of
             The Bank of New York Trust Company, N.A.
33.9         Report on Assessment of Compliance with Servicing Criteria of Wells
             Fargo Bank,  National  Association  as of December 31, 2006 and for
             the period covered by this Form 10-K.
34.1         Attestation Report of  PricewaterhouseCoopers  LLP on Assessment of
             Compliance with Servicing Criteria relating to Residential  Funding
             Company, LLC.
34.2         Attestation Report of  PricewaterhouseCoopers  LLP on Assessment of
             Compliance with Servicing Criteria relating to GMAC Mortgage, LLC.
34.3         Attestation Report of  PricewaterhouseCoopers  LLP on Assessment of
             Compliance   with  Servicing   Criteria   relating  to  Homecomings
             Financial, LLC.
34.4         Attestation Report of  PricewaterhouseCoopers  LLP on Assessment of
             Compliance  with  Servicing  Criteria  relating to Bank of America,
             N.A.
34.5         Attestation Report of Deloitte & Touche, LLP on Assessment of
             Compliance with Servicing Criteria relating to Litton Loan
             Servicing, LP.
34.6.1       Attestation Report of Deloitte & Touche, LLP on Assessment of
             Compliance with Servicing Criteria relating to Wilshire Credit
             Corporation.
34.6.2       Attestation Report of Grant Thornton LLP on Assessment of
             Compliance with Servicing Criteria relating to LandAmerica Tax
             and Flood Services, Inc..
34.7         Attestation Report of PricewaterhouseCoopers,  LLP on Assessment of
             Compliance with Servicing Criteria relating to JPMorgan Chase Bank,
             N.A.
34.8         Attestation Report of Ernst & Young LLP on Assessment of Compliance
             with  Servicing  Criteria  relating  to The Bank of New York  Trust
             Company, N.A.
34.9         Attestation Report of KPMG LLP on Assessment of Compliance with
             Servicing Criteria relating to Wells Fargo Bank, National
             Association.
35.1         Servicer Compliance Statement of Residential Funding Company,
             LLC.
35.2         Servicer Compliance Statement of GMAC Mortgage, LLC.
35.3         Servicer Compliance Statement of Homecomings Financial, LLC.
35.4         Servicer Compliance Statement of Bank of America, N.A.
35.5         Servicer Compliance Statement of Wilshire Credit Corporation.

      (c) Not Applicable.


<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.

Date:  March 26, 2007
                                       RAAC SERIES 2006-SP2 TRUST

                                        By:  Residential Funding Company,
                                            LLC, as Master Servicer

                                        By:  /s/ Anthony N. Renzi
                                             --------------------
                                            Name: Anthony N. Renzi
                                            Title:  Managing Director




<PAGE>


                                INDEX TO EXHIBITS

EXHIBIT
NUMBER                                  DESCRIPTION
----------   ------------------------------------------------------------------
3.1          Certificate of Incorporation of Residential Asset Mortgage
             Products, Inc. (incorporated by reference to the Annual Report
             on Form 10-K for the period ended December 31, 2006, filed by
             RAMP Series 2006-EFC1 Trust with the Securities and Exchange
             Commission).
3.2          Bylaws of Residential Asset Mortgage Products, Inc.
             (incorporated by reference to the Annual Report on Form 10-K for
             the period ended December 31, 2006, filed by RAMP Series
             2006-EFC1 Trust with the Securities and Exchange Commission).
10.1         Pooling and Servicing  Agreement,  dated as of April 1, 2006, among
             Residential   Asset   Mortgage   Products,   Inc.,   as  depositor,
             Residential  Funding  Company,  LLC (formerly  Residential  Funding
             Corporation), as master servicer, and JPMorgan Chase Bank, N.A., as
             trustee  (incorporated by reference to the Report on Form 8-K filed
             by the Issuing Entity with the  Securities and Exchange  Commission
             on June 9, 2006).
31.1         Certification of Residential Funding Company,  LLC pursuant to Rule
             13a-14(d)/15d-14(d) under the Securities Exchange Act of 1934.
33.1         Report on  Assessment  of  Compliance  with  Servicing  Criteria of
             Residential  Funding  Company,  LLC as of December 31, 2006 and for
             the period covered by this Form 10-K.
33.2         Report on Assessment of Compliance with Servicing  Criteria of GMAC
             Mortgage, LLC as of December 31, 2006 and for the period covered by
             this Form 10-K.
33.3         Report on  Assessment  of  Compliance  with  Servicing  Criteria of
             Homecomings  Financial,  LLC as of  December  31,  2006 and for the
             period covered by this Form 10-K.
33.4         Report on Assessment of Compliance with Servicing  Criteria of Bank
             of America, N.A. as of December 31, 2006 and for the period covered
             by this Form 10-K.
33.5         Report on  Assessment  of  Compliance  with  Servicing  Criteria of
             Litton  Loan  Servicing,  LP as of  December  31,  2006 and for the
             period covered by this Form 10-K.
33.6.1       Report on  Assessment  of  Compliance  with  Servicing  Criteria of
             Wilshire  Credit  Corporation  as of December  31, 2006 and for the
             period covered by this Form 10-K.
33.6.2       Report on Assessment of Compliance with Servicing Criteria of
             LandAmerica Tax and Flood Services, Inc. as of December 31, 2006
             and for the period covered by this Form 10-K.
33.7         Report on Assessment of Compliance with Servicing Criteria of
             JPMorgan Chase Bank, N.A.
33.8         Report on Assessment of Compliance with Servicing Criteria of
             The Bank of New York Trust Company, N.A.
33.9         Report on Assessment of Compliance with Servicing Criteria of Wells
             Fargo Bank,  National  Association  as of December 31, 2006 and for
             the period covered by this Form 10-K.
34.1         Attestation Report of  PricewaterhouseCoopers  LLP on Assessment of
             Compliance with Servicing Criteria relating to Residential  Funding
             Company, LLC.
34.2         Attestation Report of  PricewaterhouseCoopers  LLP on Assessment of
             Compliance with Servicing Criteria relating to GMAC Mortgage, LLC.
34.3         Attestation Report of  PricewaterhouseCoopers  LLP on Assessment of
             Compliance   with  Servicing   Criteria   relating  to  Homecomings
             Financial, LLC.
34.4         Attestation Report of  PricewaterhouseCoopers  LLP on Assessment of
             Compliance  with  Servicing  Criteria  relating to Bank of America,
             N.A.
34.5         Attestation Report of Deloitte & Touche, LLP on Assessment of
             Compliance with Servicing Criteria relating to Litton Loan
             Servicing, LP.
34.6.1       Attestation Report of Deloitte & Touche, LLP on Assessment of
             Compliance with Servicing Criteria relating to Wilshire Credit
             Corporation.
34.6.2       Attestation Report of Grant Thornton LLP on Assessment of
             Compliance with Servicing Criteria relating to LandAmerica Tax
             and Flood Services, Inc..
34.7         Attestation Report of PricewaterhouseCoopers,  LLP on Assessment of
             Compliance with Servicing Criteria relating to JPMorgan Chase Bank,
             N.A.
34.8         Attestation Report of Ernst & Young LLP on Assessment of Compliance
             with  Servicing  Criteria  relating  to The Bank of New York  Trust
             Company, N.A.
34.9         Attestation Report of KPMG LLP on Assessment of Compliance with
             Servicing Criteria relating to Wells Fargo Bank, National
             Association.
35.1         Servicer Compliance Statement of Residential Funding Company,
             LLC.
35.2         Servicer Compliance Statement of GMAC Mortgage, LLC.
35.3         Servicer Compliance Statement of Homecomings Financial, LLC.
35.4         Servicer Compliance Statement of Bank of America, N.A.
35.5         Servicer Compliance Statement of Wilshire Credit Corporation.




<PAGE>