Exhibit 33.3


                                  CHASE [LOGO]                  JPMCB - Subprime

    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 December 31, 2006 and for the period from January
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"), excluding the inapplicable servicing criteria as set
forth in Exhibit A hereto (such criteria, after giving effect to the exclusions
identified on Exhibit A, the "Applicable Servicing Criteria"). This report
covers the asset-backed securities transactions backed by subprime residential
mortgages serviced on the Loan Servicing and Accounting Management System I
("LSAMS I") where the related asset-backed securities were outstanding during
the Reporting Period (the "Platform").

The Asserting Party (i) has 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) has 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

Signed: /s/ David Lowman
        --------------------------------
        Name: David Lowman
        Title: Executive Vice President
        Date: 02/26/2007

<PAGE>

                                                                JPMCB - Subprime

                                    EXHIBIT A

<TABLE>
<CAPTION>
---------------------------------------------------------------   ---------------------------   ------------
                                                                                                INAPPLICABLE
                                                                           APPLICABLE             SERVICING
                      SERVICING CRITERIA                               SERVICING CRITERIA         CRITERIA
---------------------------------------------------------------   ---------------------------   ------------
    Reference                        Criteria
---------------------------------------------------------------   ---------------------------   ------------
<S>                <C>                                                 <C>           <C>              <C>
                         General Servicing Considerations
---------------------------------------------------------------   ---------------------------   ------------
                   Policies and procedures are instituted to
                   monitor any performance or other triggers
                   and events of default in accordance with the
1122(d)(1)(i)      transaction agreements.                                    X(1)
---------------------------------------------------------------   ---------------------------   ------------
                   If any material servicing activities are
                   outsourced to third parties, policies and
                   procedures are instituted to monitor the
                   third party's performance and compliance
1122(d)(1)(ii)     with such servicing activities.                             X
---------------------------------------------------------------   ---------------------------   ------------
                   Any requirements the transaction agreements
                   to maintain a back-up servicer for the
1122(d)(1)(iii)    mortgage loans are maintained.                                                     X
---------------------------------------------------------------   ---------------------------   ------------
                   A fidelity bond and errors and omissions
                   policy is in effect on the party
                   participating in the servicing function
                   throughout the reporting period in the
                   amount of coverage required by and otherwise
                   in accordance with the terms of the
1122(d)(1)(iv)     transaction agreements.                                     X
---------------------------------------------------------------   ---------------------------   ------------

                        Cash Collection and Administration
---------------------------------------------------------------   ---------------------------   ------------
                   Payments on mortgage loans are deposited
                   into the appropriate custodial bank accounts
                   and related bank clearing accounts no more
                   than two business days following receipt, or
                   such other number of days specified in the
1122(d)(2)(i)      transaction agreements.                                                            X
---------------------------------------------------------------   ---------------------------   ------------
                   Disbursements made via wire transfer on
                   behalf of an obligor or to an investor are
1122(d)(2)(ii)     made only by authorized personnel.                                                 X
---------------------------------------------------------------   ---------------------------   ------------
                   Advances of funds or guarantees regarding
                   collections, cash flows or distributions,
                   and any interest or other fees charged for
                   such advances, are made, reviewed and
                   approved as specified in the transaction
1122(d)(2)(iii)    agreements.                                                                        X
---------------------------------------------------------------   ---------------------------   ------------
                   The related accounts for the transaction,
                   such as cash reserve accounts or accounts
                   established as a form of
                   overcollateralization, are separately
                   maintained (e.g., with respect to
                   commingling of cash) as set forth in the
1122(d)(2)(iv)     transaction agreements.                                                            X
---------------------------------------------------------------   ---------------------------   ------------
                   Each custodial account is maintained at a
                   federally insured depository institution as
                   set forth in the transaction agreements. For
                   purposes of this criterion, "federally
                   insured depository institution" with respect
                   to a foreign financial institution means a
                   foreign financial institution that meets the
                   requirements of Rule 13k-1(b)(1) of the
1122(d)(2)(v)      Securities Exchange Act.                                                           X
---------------------------------------------------------------   ---------------------------   ------------
                   Unissued checks are safeguarded so as to
1122(d)(2)(vi)     prevent unauthorized access.                                                       X
---------------------------------------------------------------   ---------------------------   ------------
                   Reconciliations are prepared on a monthly
                   basis for all asset backed securities
                   related bank accounts, including custodial
                   accounts and related bank clearing accounts.
                   These reconciliation are (A) mathematically
                   accurate; (B) prepared within 30 calendar
                   days after the bank statement cutoff date,
                   or such other number of days specified in
                   the transaction agreements; (C) reviewed and
                   approved by someone other than the person
                   who prepared the reconciliation; and (D)
                   contain explanations for reconciling items.
                   These reconciling items are resolved within
                   90 calendar days of their original
                   identification, or such other number of days
1122(d)(2)(vii)    specified in the transaction agreements.                                           X
---------------------------------------------------------------   ---------------------------   ------------
</TABLE>

----------
(1)   The Asserting Party monitors events of default as obligated pursuant to
      the transactions agreements.

<PAGE>

                                                                JPMCB - Subprime

<TABLE>
<CAPTION>
---------------------------------------------------------------   ---------------------------   ------------
                                                                                                INAPPLICABLE
                                                                           APPLICABLE             SERVICING
                      SERVICING CRITERIA                               SERVICING CRITERIA         CRITERIA
---------------------------------------------------------------   ---------------------------   ------------
    Reference                        Criteria
---------------------------------------------------------------   ---------------------------   ------------
<S>                <C>                                                 <C>           <C>              <C>
                        Investor Remittances and Reporting
---------------------------------------------------------------   ---------------------------   ------------
                   Reports to investors, including those to be
                   filed with the Commission, are maintained in
                   accordance with the transaction agreements
                   and applicable Commission requirements.
                   Specifically, such reports (A) are prepared
                   in accordance with timeframes and other
                   terms set forth in the transaction
                   agreements; (B) provide information
                   calculated in accordance with the terms
                   specified in the transaction agreements; (C)
                   are filed with the Commission as required by
                   its rules and regulations; and (D) agree
                   with investors' or the trustee's records as
                   to the total unpaid principal balance and
                   number of mortgage loans serviced by the
1122(d)(3)(i)      Servicer.                                                                          X
---------------------------------------------------------------   ---------------------------   ------------
                   Amounts due to investors are allocated and
                   remitted in accordance with timeframes,
                   distribution priority and other terms set
1122(d)(3)(ii)     forth in the transaction agreements.                                               X
---------------------------------------------------------------   ---------------------------   ------------
                   Disbursements made to an investor are posted
                   within two business days to the Servicer's
                   investor records, or such other number of
                   days specified in the transaction
1122(d)(3)(iii)    agreements.                                                                        X
---------------------------------------------------------------   ---------------------------   ------------
                   Amounts remitted to investors per the
                   investor reports agree with cancelled
                   checks, or other form of payment, or
1122(d)(3)(iv)     custodial bank statements.                                                         X
---------------------------------------------------------------   ---------------------------   ------------

                             Pool Asset Administration
---------------------------------------------------------------   ---------------------------   ------------
                   Collateral or security on mortgage loans is
                   maintained as required,by the transaction
                   agreements or related mortgage loan
1122(d)(4)(i)      documents.                                                  X
---------------------------------------------------------------   ---------------------------   ------------
                   Mortgage loan and related documents are
                   safeguarded as required by the transaction
1122(d)(4)(ii)     agreements                                                  X
---------------------------------------------------------------   ---------------------------   ------------
                   Any additions, removals or substitutions to
                   the asset pool are made, reviewed and
                   approved in accordance with any conditions
                   or requirements in the transaction
1122(d)(4)(iii)    agreements.                                                 X
---------------------------------------------------------------   ---------------------------   ------------
                   Payments on mortgage loans, including any
                   payoffs, made in accordance with the related
                   mortgage loan documents are posted to the
                   Servicer's obligor records maintained no
                   more than two business days after receipt or
                   such other number of days specified in the
                   transaction agreements, and allocated to
                   principal, interest or other items (e.g.,
                   escrow) in accordance with the related
1122(d)(4)(iv)     mortgage loan documents.                                                           X
---------------------------------------------------------------   ---------------------------   ------------
                   The Servicer's records regarding the
                   mortgage loans agree with the Servicer's
                   records with respect to an obligor's unpaid
1122(d)(4)(v)      principal balance.                                                                 X
---------------------------------------------------------------   ---------------------------   ------------
                   Changes with respect to the terms or status
                   of an obligor's mortgage loans (e.g., loan
                   modifications or re-agings) are made,
                   reviewed and approved by authorized
                   personnel in accordance with the transaction
1122(d)(4)(vi)     agreements and related pool asset documents.                                       X
---------------------------------------------------------------   ---------------------------   ------------
                   Loss mitigation or recovery actions (e.g.,
                   forbearance plans, modifications and deeds
                   in lieu of foreclosure, foreclosures and
                   repossessions, as applicable) are initiated,
                   conducted and concluded in accordance with
                   the timeframes or other requirements
1122(d)(4)(vii)    established by the transaction agreements.                                         X
---------------------------------------------------------------   ---------------------------   ------------
                   Records documenting collection efforts are
                   maintained during the period a mortgage loan
                   is delinquent in accordance with the
                   transaction agreements. Such records are
                   maintained on at least a monthly basis, or
                   such other period specified in the
                   transaction agreements, and describe the
                   entity's activities in monitoring delinquent
                   mortgage loans including, for example, phone
                   calls, letters and payment rescheduling
                   plans in cases where delinquency is deemed
1122(d)(4)(viii)   temporary (e.g., illness or unemployment).                                         X
---------------------------------------------------------------   ---------------------------   ------------
</TABLE>

<PAGE>

                                                                JPMCB - Subprime

<TABLE>
<CAPTION>
----------------------------------------------------------------------   ------------------   ------------------
                                                                             APPLICABLE          INAPPLICABLE
                               SERVICING CRITERIA                        SERVICING CRITERIA   SERVICING CRITERIA
----------------------------------------------------------------------   ------------------   ------------------
    Reference                         Criteria
----------------------------------------------------------------------   ------------------   ------------------
<S>                  <C>                                                 <C>                           <C>
                     Adjustments to interest rates or rates of
                     return for mortgage loans with variable rates
                     are computed based on the related mortgage
1122(d)(4)(ix)       loan documents.                                                                   X
----------------------------------------------------------------------   ------------------   ------------------
                     Regarding any funds held in trust for an obligor
                     (such as escrow accounts): (A) such funds are
                     analyzed, in accordance with the obligor's
                     mortgage loan documents, on at least an
                     annual basis, or such other period specified
                     in the transaction agreements; (B) interest on
                     such funds is paid, or credited, to obligors in
                     accordance with applicable mortgage loan
                     documents and state laws; and (C) such funds are
                     returned to the obligor within 30 calendar days
                     of full repayment of the related mortgage loans,
                     or such other number of days specified in the
1122(d)(4)(x)        transaction agreements.                                                           X
----------------------------------------------------------------------   ------------------   ------------------
                     Payments made on behalf of an obligor (such as
                     tax or insurance payments) are made on or before
                     the related penalty or expiration dates, as
                     indicated on the appropriate bills or notices
                     for such payments, provided that such support
                     has been received by the servicer at least 30
                     calendar days prior to these dates, or such
                     other number of days specified in the
1122(d)(4)(xi)       transaction agreements.                                                           X
----------------------------------------------------------------------   ------------------   ------------------
                     Any late payment penalties in connection with
                     any payment to be made on behalf of an obligor
                     are paid from the servicer's funds and not
                     charged to the obligor, unless the late payment
1122(d)(4)(xii)      was due to the obligor's error or omission.                                       X
----------------------------------------------------------------------   ------------------   ------------------
                     Disbursements made on behalf of an obligor are
                     posted within two business days to the obligor's
                     records maintained by the servicer, or such
                     other number of days specified in the
1122(d)(4)(xiii)     transaction agreements.                                                           X
----------------------------------------------------------------------   ------------------   ------------------
                     Delinquencies, charge-offs and uncollectible
                     accounts are recognized and recorded in
1122(d)(4)(xiv)      accordance with the transaction agreements.                                       X
----------------------------------------------------------------------   ------------------   ------------------
                     Any external enhancement or other support,
                     identified in Item 1114(a)(1) through (3) or
                     Item 1115 of Regulation AB, is maintained as set
1122(d)(4)(xv)       forth in the transaction agreements.                                              X
----------------------------------------------------------------------   ------------------   ------------------
</TABLE>

<page>


[CHASE LOGO]                  CHF - Subprime

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

Chase Home Finance LLC (the "Asserting Party") is responsible for assessing
compliance as of December 31, 2006 and for the period from January 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"), excluding the inapplicable servicing criteria as set forth in
Exhibit A hereto (such criteria, after giving effect to the exclusions
identified on Exhibit A, the "Applicable Servicing Criteria"). This report
covers the asset-backed securities transactions backed by subprime residential
mortgages serviced on the Loan Servicing and Accounting Management System I
("LSAMS I") where the related asset-backed securities were outstanding during
the Reporting Period (the "Platform").

The Asserting Party has engaged certain vendors (the "Vendors") to perform
specific and limited activities or activities scripted by the Asserting Party as
of and during the Reporting Period, and the Asserting Party elects to take
responsibility for assessing compliance with the Applicable Servicing Criteria
or portion of the servicing criteria applicable to such Vendors as set forth in
Exhibit A hereto (such criteria, the "Applicable Vendor Servicing Criteria").

The Asserting Party (i) has not identified and is not aware of any material
instance of noncompliance by the Vendors with the Applicable Vendor Servicing
Criteria and (ii) has not identified any material deficiency in its policies and
procedures to monitor the compliance by the Vendors with the Applicable Vendor
Servicing Criteria as of December 31, 2006 and for the Reporting Period.

The Asserting Party (i) has 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) has 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.

Chase Home Finance LLC


Signed: /s/ Kim Greaves                 Signed: /s/ Jim Miller
        -----------------------------           --------------------------------
        Name: Kim Greaves                       Name: Jim Miller
        Title: Senior Vice President            Title: Senior Vice President
        Date: 02/26/2007                        Date: 02/26/2007

<PAGE>

                                                                  CHF - Subprime

                                    EXHIBIT A

<TABLE>
<CAPTION>
---------------------------------------------------------------   ---------------------------   ------------
                                                                                                INAPPLICABLE
                                                                            APPLICABLE            SERVICING
                           SERVICING CRITERIA                          SERVICING CRITERIA         CRITERIA
---------------------------------------------------------------   ---------------------------   ------------
                                                                  Performed by   Performed by
   Reference                         Criteria                       Servicer       Vendors
---------------------------------------------------------------   ---------------------------   ------------
<S>                <C>                                                  <C>           <C>             <C>
                         General Servicing Considerations
---------------------------------------------------------------   ---------------------------   ------------
                   Policies and procedures are instituted to
                   monitor any performance or other triggers
                   and events of default in accordance with the
1122(d)(1)(i)      transaction agreements.                              X(1)
---------------------------------------------------------------   ---------------------------   ------------
                   If any material servicing activities are
                   outsourced to third parties, policies and
                   procedures are instituted to monitor the
                   third party's performance and compliance
1122(d)(1)(ii)     with such servicing activities.                      X
---------------------------------------------------------------   ---------------------------   ------------
                   Any requirements in the transaction
                   agreements to maintain a back-up servicer
1122(d)(1)(iii)    for the mortgage loans are maintained.                                             X
---------------------------------------------------------------   ---------------------------   ------------
                   A fidelity bond and errors and omissions
                   policy is in effect on the party
                   participating in the servicing function
                   throughout the reporting period in the
                   amount of coverage required by and
                   otherwise in accordance with the terms of
1122(d)(1)(iv)     the transaction agreements.                          X
---------------------------------------------------------------   ---------------------------   ------------

                       Cash Collection and Administration
---------------------------------------------------------------   ---------------------------   ------------
                   Payments on mortgage loans are deposited
                   into the appropriate custodial bank accounts
                   and related bank clearing accounts no
                   more than two business days following
                   receipt, or such other number of days
1122(d)(2)(i)      specified in the transaction agreements.             X             X(2)
---------------------------------------------------------------   ---------------------------   ------------
                   Disbursements made via wire transfer on
                   behalf of an obligor or to an investor are
1122(d)(2)(ii)     made only by authorized personnel.                   X
---------------------------------------------------------------   ---------------------------   ------------
                   Advances of funds or guarantees regarding
                   collections, cash flows or distributions,
                   and any interest or other fees charged for
                   such advances, are made, reviewed and
                   approved as specified in the transaction
1122(d)(2)(iii)    agreements.                                          X
---------------------------------------------------------------   ---------------------------   ------------
                   The related accounts for the transaction,
                   such as cash reserve accounts or accounts
                   established as a form of
                   overcollateralization, are separately
                   maintained (e.g., with respect to
                   commingling of cash) as set forth in the
1122(d)(2)(iv)     transaction agreements.                              X
---------------------------------------------------------------   ---------------------------   ------------
                   Each custodial account is maintained at a
                   federally insured depository institution
                   as set forth in the transaction agreements.
                   For purposes of this criterion, "federally
                   insured depository institution" with
                   respect to a foreign financial institution
                   means a foreign financial institution that
                   meets the requirements of Rule 13k-1(b)(l)
1122(d)(2)(v)      of the Securities Exchange Act.                      X
---------------------------------------------------------------   ---------------------------   ------------
                   Unissued checks are safeguarded so as to
1122(d)(2)(vi)     prevent unauthorized access.                         X
---------------------------------------------------------------   ---------------------------   ------------
                   Reconciliations are prepared on a monthly
                   basis for all asset-backed securities
                   related bank accounts, including custodial
                   accounts and related bank clearing accounts.
                   These reconciliations are (A) mathematically
                   accurate; (B) prepared within 30 calendar
                   days after the bank statement cutoff date,
                   or such other number of days specified in
                   the transaction agreements; (C) reviewed and
                   approved by someone other than the person
                   who prepared the reconciliation; and (D)
                   contain explanations for reconciling items.
                   These reconciling items are resolved within
                   90 calendar days of their original
                   identification, or such other number of days
1122(d)(2)(vii)    specified in the transaction agreements.             X             X(3)
---------------------------------------------------------------   ---------------------------   ------------
</TABLE>

----------
(1)  The Asserting Party monitors events of default as obligated pursuant to the
     transactions agreements.

(2)  An affiliate vendor deposits funds from customer transactions to a lockbox
     clearing account.

(3)  Two vendors prepare account reconciliations on disbursement clearing
     accounts.

<PAGE>

                                                                  CHF - Subprime

<TABLE>
<CAPTION>
---------------------------------------------------------------   ---------------------------   ------------
                                                                                                INAPPLICABLE
                                                                           APPLICABLE             SERVICING
                      SERVICING CRITERIA                               SERVICING CRITERIA         CRITERIA
---------------------------------------------------------------   ---------------------------   ------------
                                                                  Performed by   Performed by
    Reference                        Criteria                       Servicer       Vendors
---------------------------------------------------------------   ---------------------------   ------------
<S>                <C>                                                 <C>           <C>              <C>
                        Investor Remittances and Reporting
---------------------------------------------------------------   ---------------------------   ------------
                   Reports to investors, including those to be
                   filed with the Commission, are maintained in
                   accordance with the transaction agreements
                   and applicable Commission requirements.
                   Specifically, such reports (A) are prepared
                   in accordance with timeframes and other
                   terms set forth in the transaction
                   agreements; (B) provide information
                   calculated in accordance with the terms
                   specified in the transaction agreements; (C)
                   are filed with the Commission as required by
                   its rules and regulations; and (D) agree
                   with investors' or the trustee's records as
                   to the total unpaid principal balance and
                   number of mortgage loans serviced by the
1122(d)(3)(i)      Servicer.                                          X(4)
---------------------------------------------------------------   ---------------------------   ------------
                   Amounts due to investors are allocated and
                   remitted in accordance with timeframes,
                   distribution priority and other terms set
1122(d)(3)(ii)     forth in the transaction agreements.               X(5)
---------------------------------------------------------------   ---------------------------   ------------
                   Disbursements made to an investor are posted
                   within two business days to the Servicer's
                   investor records, or such other number of
                   days specified in the transaction
1122(d)(3)(iii)    agreements.                                        X(6)
---------------------------------------------------------------   ---------------------------   ------------
                   Amounts remitted to investors per the
                   investor reports agree with cancelled
                   checks, or other form of payment, or
1122(d)(3)(iv)     custodial bank statements.                         X(7)
---------------------------------------------------------------   ---------------------------   ------------

                             Pool Asset Administration
---------------------------------------------------------------   ---------------------------   ------------
                   Collateral or security on mortgage loans is
                   maintained as required by the transaction
                   agreements or related mortgage loan
1122(d)(4)(i)      documents.                                                                         X
---------------------------------------------------------------   ---------------------------   ------------
                   Mortgage loan and related documents are
                   safeguarded as required by the transaction
1122(d)(4)(ii)     agreements                                                                         X
---------------------------------------------------------------   ---------------------------   ------------
                   Any additions, removals or substitutions to
                   the asset pool are made, reviewed and
                   approved in accordance with any conditions
                   or requirements in the transaction
1122(d)(4)(iii)    agreements.                                          X
---------------------------------------------------------------   ---------------------------   ------------
                   Payments on mortgage loans, including any
                   payoffs, made in accordance with the related
                   mortgage loan documents are posted to the
                   Servicer's obligor records maintained no
                   more than two business days after receipt or
                   such other number of days specified in the
                   transaction agreements, and allocated to
                   principal, interest or other items (e.g.,
                   escrow) in accordance with the related
1122(d)(4)(iv)     mortgage loan documents.                             X
---------------------------------------------------------------   ---------------------------   ------------
                   The Servicer's records regarding the
                   mortgage loans agree with the Servicer's
                   records with respect to an obligor's unpaid
1122(d)(4)(v)      principal balance.                                   X
---------------------------------------------------------------   ---------------------------   ------------
                   Changes with respect to the terms or status
                   of an obligor's mortgage loans (e.g., loan
                   modifications or re-agings) are made,
                   reviewed and approved by authorized
                   personnel in accordance with the transaction
1122(d)(4)(vi)     agreements and related pool asset documents.         X
---------------------------------------------------------------   ---------------------------   ------------
</TABLE>

----------
(4)   The Asserting Party provides monthly pool accounting reports to the
      appropriate party pursuant to the transaction agreements.

(5)   The Asserting Party remits amounts to the appropriate party pursuant to
      the transaction agreements.

(6)   Disbursements made to the appropriate party pursuant to the transaction
      agreements are posted within two business days to the Asserting Party's
      records, or such other number of days specified in the transaction
      agreements.

(7)   The Asserting Party reconciles its records relating to disbursements made
      to the appropriate party pursuant to the transaction agreements.

<PAGE>

                                                                  CHF - Subprime

<TABLE>
<CAPTION>
---------------------------------------------------------------   ---------------------------   ------------
                                                                                                INAPPLICABLE
                                                                           APPLICABLE             SERVICING
                      SERVICING CRITERIA                               SERVICING CRITERIA         CRITERIA
---------------------------------------------------------------   ---------------------------   ------------
                                                                  Performed by   Performed by
    Reference                        Criteria                       Servicer       Vendors
---------------------------------------------------------------   ---------------------------   ------------
<S>                <C>                                                 <C>           <C>              <C>
                   Loss mitigation or recovery actions (e.g.,
                   forbearance plans, modifications and deeds
                   in lieu of foreclosure, foreclosures and
                   repossessions, as applicable) are initiated,
                   conducted and concluded in accordance with
                   the time frames or other requirements
1122(d)(4) (vii)   established by the transaction agreements.           X
---------------------------------------------------------------   ---------------------------   ------------
                   Records documenting collection efforts are
                   maintained during the period a mortgage loan
                   is delinquent in accordance with the
                   transaction agreements. Such records are
                   maintained on at least a monthly basis, or
                   such other period specified in the
                   transaction agreements, and describe the
                   entity's activities in monitoring delinquent
                   mortgage loans including, for example, phone
                   calls, letters and payment rescheduling
                   plans in cases where delinquency is deemed
1122(d)(4)(viii)   temporary (e.g., illness or unemployment.            X
---------------------------------------------------------------   ---------------------------   ------------
                   Adjustments to interest rates or rates of
                   return for mortgage loans with variable
                   rates are computed based on the related
1122(d)(4)(ix)     mortgage loan documents.                             X
---------------------------------------------------------------   ---------------------------   ------------
                   Regarding any funds held in trust for an
                   obligor (such as escrow accounts): (A) such
                   funds are analyzed, in accordance with the
                   obligor's mortgage loan documents, on at
                   least an annual basis, or such other period
                   specified in the transaction agreements; (B)
                   interest on such funds is paid, or credited,
                   to obligors in accordance with applicable
                   mortgage loan documents and state laws; and
                   (C) such funds are returned to the obligor
                   within 30 calendar days of full repayment of
                   the related mortgage loans, or such other
                   number of days specified in the transaction
1122(d)(4)(x)      agreements.                                          X
---------------------------------------------------------------   ---------------------------   ------------
                   Payments made on behalf of an obligor (such
                   as tax or insurance payments) are made on or
                   before the related penalty or expiration
                   dates, as indicated on the appropriate bills
                   or notices for such payments, provided that
                   such support has been received by the
                   servicer at least 30 calendar days prior to
                   these dates, or such other number of days
1122(d)(4)(xi)     specified in the transaction agreements.             X            X(8)
---------------------------------------------------------------   ---------------------------   ------------
                   Any late payment penalties in connection
                   with any payment to be made on behalf of an
                   obligor are paid from the servicer's funds
                   and not charged to the obligor, unless the
                   late payment was due to the obligor's error
1122(d)(4)(xii)    or omission.                                         X
---------------------------------------------------------------   ---------------------------   ------------
                   Disbursements made on behalf of an obligor
                   are posted within two business days to the
                   obligor's records maintained by the
                   servicer, or such other number of days
1122(d)(4)(xiii)   specified in the transaction agreements.             X
---------------------------------------------------------------   ---------------------------   ------------
                   Delinquencies, charge-offs and uncollectible
                   accounts are recognized and recorded in
1122(d)(4)(xiv)    accordance with the transaction agreements.          X
---------------------------------------------------------------   ---------------------------   ------------
                   Any external enhancement or other support,
                   identified in Item 1114(a)(l) through (3) or
                   Item 1115 of Regulation AB, is maintained as
1122(d)(4)(xv)     set forth in the transaction agreements.                                           X
---------------------------------------------------------------   ---------------------------   ------------
</TABLE>

----------
(8)   Three vendors provide information used by the Asserting
      Party to pay taxes and insurance on behalf of obligors.