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|   | Delaware                                                                |   | 20-0842986                                     |   |
|--------|-------------------------------------------------------------------------|--------|------------------------------------------------|--------|
|   | (State      or other jurisdiction ofincorporation      or organization) |   | (I.R.S.      Employer Identification      No.) |   |

|   | o      Yes |   | x No |
|--------|------------|--------|-----------|

|   | o      Yes |   | x      No |
|--------|------------|--------|-----------|

|   | x      Yes |   | o      No |
|--------|------------|--------|-----------|

| Large      accelerated filer       |  o | Accelerated      filer                   |   o                              |
|----------------------------------------------|---------|----------------------------------------------------|--------------------------------------------|
| Non-accelerated      filer    |  x | (Do      not check if a smaller reporting company) | Smaller      reporting company   |   o |

| Exhibit      Number | Description                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|---------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 1.1                 | The      Underwriting Agreement, dated April 13, 2006, between Bear, Stearns &      Co. Inc., as underwriter and Bear Stearns Asset Backed Securities I LLC,      as depositor and the related Terms Agreement, dated as of February 9,      2007, between Bear, Stearns & Co. Inc., as underwriter and Bear      Stearns Asset Backed Securities I LLC, as depositor (As previously filed      on Form 8-K filed on March 29, 2007  and  hereby      incorporated by reference into this report on Form      10-K) |
| 4.1                 | The      Pooling and Servicing Agreement, dated as of February 1, 2007, among Bear      Stearns Asset Backed Securities I LLC, as depositor, EMC Mortgage      Corporation, as seller and as company, LaSalle Bank National Association,      as master servicer and securities administrator, and Citibank, N.A., as      trustee (As previously filed on Form 8-K filed on March 29, 2007      and  hereby incorporated by reference into this report on Form      10-K)                                                            |
| 10.1                | Mortgage      Loan Purchase Agreement, dated as of February 28, 2007, as amended and      supplemented by any and all amendments hereto by and between EMC Mortgage      Corporation, a Delaware corporation and Bear Stearns Asset Backed      Securities I LLC (As previously filed on Form 8-K filed on March 29, 2007      and hereby incorporated by reference into this report on Form      10-K)                                                                                                                                         |
| 31                  | Sarbanes-Oxley      Certification                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
| 33(a)               | Report      on assessment of compliance with servicing criteria for asset-backed      securities, LaSalle Bank National Association, as Master      Servicer                                                                                                                                                                                                                                                                                                                                                                                    |
| 33(b)               | Report      on assessment of compliance with servicing criteria for asset-backed      securities, EMC Mortgage Corporation, as Company                                                                                                                                                                                                                                                                                                                                                                                                          |
| 33(c)               | Report      on assessment of compliance with servicing criteria for asset-backed      securities, LaSalle Bank National Association, as Securities Administrator      and Custodian                                                                                                                                                                                                                                                                                                                                                             |
| 33(d)               | Report      on assessment of compliance with servicing criteria for asset-backed      securities, GMAC Mortgage , LLC, as servicing function      participant                                                                                                                                                                                                                                                                                                                                                                                   |
| 33(e)               | Report      on assessment of compliance with servicing criteria for asset-backed      securities, Wells Fargo Bank, National Association, as  Custodian                                                                                                                                                                                                                                                                                                                                                                                         |
| 33(f)               | Report      on assessment of compliance with servicing criteria for asset-backed      securities, Assurant,      Inc. as servicing function participant                                                                                                                                                                                                                                                                                                                                                                                         |
| 33(g)               | Report      on assessment of compliance with servicing criteria for asset-backed      securities, FIS      Tax Services, as servicing function participant                                                                                                                                                                                                                                                                                                                                                                                      |
| 33(h)               | Report      on assessment of compliance with servicing criteria for asset-backed      securities, Land      America Tax and Flood Services, Inc., as servicing function      participant                                                                                                                                                                                                                                                                                                                                                        |
| 34(a)               | Attestation      report on assessment of compliance with servicing criteria for      asset-backed securities, LaSalle Bank National Association, as Master      Servicer                                                                                                                                                                                                                                                                                                                                                                        |
| 34(b)               | Attestation      report on assessment of compliance with servicing criteria for      asset-backed securities, EMC Mortgage Corporation, as    Company                                                                                                                                                                                                                                                                                                                                                                                           |
| 34(c)               | Attestation      report on assessment of compliance with servicing criteria for      asset-backed securities, LaSalle Bank National Association, as Securities      Administrator and Custodian                                                                                                                                                                                                                                                                                                                                                 |
| 34(d)               | Attestation      report on assessment of compliance with servicing criteria for      asset-backed securities, GMAC Mortgage , LLC, as servicing function      participant                                                                                                                                                                                                                                                                                                                                                                       |
| 34(e)               | Attestation      report on assessment of compliance with servicing criteria for      asset-backed securities, Wells Fargo Bank, National Association, as      Custodian                                                                                                                                                                                                                                                                                                                                                                         |
| 34(f)               | Attestation      report on assessment of compliance with servicing criteria for      asset-backed securities, Assurant, Inc. as servicing function      participant                                                                                                                                                                                                                                                                                                                                                                             |
| 34(g)               | Attestation      report on assessment of compliance with servicing criteria for      asset-backed securities, FIS Tax Services, as servicing function      participant                                                                                                                                                                                                                                                                                                                                                                          |
| 34(h)               | Attestation      report on assessment of compliance with servicing criteria for      asset-backed securities, Land America Tax and Flood Services, Inc., as      servicing function participant                                                                                                                                                                                                                                                                                                                                                 |
| 35(a)               | Servicer      compliance statement, LaSalle Bank National Association, as Master      Servicer                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 35(b)               | Servicer      compliance statement, EMC Mortgage Corporation, as  Company                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 35(c)               | Servicer      compliance statement, LaSalle Bank National Association, as Securities      Administrator                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 35(d)               | Servicer      compliance statement, GMAC Mortgage , LLC, as servicing function      participant                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 99.1                | Amended      and Restated Guaranty Agreement of JPMorgan Chase & Co. effective as      of March 16, 2008                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| 99.2                | Custodial      Agreement, dated as of February 28, 2007, by and among Citibank, N.A., not      individually but solely as trustee, Bear Stearns Asset Backed Securities I      LLC, as depositor, EMC Mortgage Corporation as seller, LaSalle Bank      National Association, as master servicer and securities administrator and      Wells Fargo Bank, N.A., as custodian (As previously filed on Form 8-K      filed on March 29, 2007 and  hereby incorporated by reference      into this report on Form 10-K)                   |
| 99.3                | Swap      Agreement between Bear Stearns Financial Products Inc. and LaSalle Bank      National Association, not in its individual capacity, but solely as      Supplemental Interest Trust Trustee (As previously filed on Form 8-K filed      on March 29, 2007 and  hereby incorporated by reference into      this report on Form 10-K)                                                                                                                                                                                           |
| 99.4                | Servicing      Agreement, dated as of May 1, 2001,  and  executed      between EMC Mortgage Corporation and GMAC Mortgage Corporation (As      previously filed on Form 8-K filed on March 29, 2007 and  hereby      incorporated by reference into this report on Form    10-K)                                                                                                                                                                                                                                  |
| 99.5                | Assignment,      Assumption and Recognition Agreement is made and entered into as of      February 28, 2007 among EMC Mortgage Corporation, Citibank, N.A., not      individually but solely as trustee for the holders of SACO I Trust 2007-2,      Mortgage-Backed Certificates, Series 2007-2 and GMAC Mortgage, LLC (As      previously filed on Form 8-K filed on March 29, 2007 and  hereby      incorporated by reference into this report on Form    10-K)                                                                    |

| (b)      The exhibits required to be filed by Registrant pursuant to Item 601 of      Regulation S-K:                     |
|---------------------------------------------------------------------------------------------------------------------------|
|  (31)      Rule 13a-14(d)/15d-14(d) Certifications.                                                                  |
|  (33)      Reports on assessment of compliance with servicing criteria for      asset-backed securities:             |
| 1.                                                                                                                        | LaSalle      Bank National Association, as Master Servicer |
| 2.                                                                                                                        | EMC      Mortgage Corporation, as Company |
| 3.                                                                                                                        | LaSalle Bank National      Association, as Securities Administrator and Custodian |
| 4.                                                                                                                        | GMAC Mortgage , LLC, as      servicing function participant |
| 5.                                                                                                                        | Wells Fargo Bank, National      Association, as Custodian |
| 6.                                                                                                                        | Assurant,      Inc. as servicing function participant |
| 7.                                                                                                                        | FIS      Tax Services, as servicing function participant |
| 8.                                                                                                                        | Land      America Tax and Flood Services, Inc., as servicing function      participant |
|  (34)      Attestation reports on assessment of compliance with servicing criteria      for asset-backed securities: |
| 1.                                                                                                                        | LaSalle      Bank National Association, as Master Servicer |
| 2.                                                                                                                        | EMC      Mortgage Corporation, as Company |
| 3.                                                                                                                        | LaSalle Bank National      Association, as Securities Administrator and Custodian |
| 4.                                                                                                                        | GMAC Mortgage , LLC, as servicing function      participant |
| 5.                                                                                                                        | Wells Fargo Bank, National      Association, as Custodian |
| 6.                                                                                                                        | Assurant,      Inc. as servicing function participant |
| 7.                                                                                                                        | FIS      Tax Services, as servicing function participant |
| 8.                                                                                                                        | Land      America Tax and Flood Services, Inc., as servicing function      participant |
| (35)      Servicer Compliance Statements:                                                                                 |
| 1.                                                                                                                        | LaSalle      Bank National Association, as Master Servicer |
| 2.                                                                                                                        | EMC      Mortgage Corporation, as Company |
| 3.                                                                                                                        | LaSalle      Bank National Association, as Securities Administrator |
| 4.                                                                                                                        | GMAC      Mortgage , LLC, as servicing function participant |
| (99)      Other Exhibits                                                                                                  |
| 1.                                                                                                                        | Amended      and Restated Guaranty Agreement of JPMorgan Chase & Co. effective as      of March 16, 2008 |

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|                 | LaSalle      Bank National Association, as Master Servicer                              |
|----------------------|-----------------------------------------------------------------------------------------|
|                 |                                                                                    |
|  March 28, 2008 | /s/ Tammy Spriggs                                                                       |
|                 | Name:      Tammy Spriggs                                                                |
|                 | Title: First      Vice President                                                   |
|                 | The      Senior Officer in Charge of the Servicing Function of the Master      Servicer |

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| Exhibit      Number | Description                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|---------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 1.1                 | The      Underwriting Agreement, dated April 13, 2006, between Bear, Stearns &      Co. Inc., as underwriter and Bear Stearns Asset Backed Securities I LLC,      as depositor and the related Terms Agreement, dated as of February 9,      2007, between Bear, Stearns & Co. Inc., as underwriter and Bear      Stearns Asset Backed Securities I LLC, as depositor (As previously filed      on Form 8-K filed on March 29, 2007  and  hereby      incorporated by reference into this report on Form      10-K) |
| 4.1                 | The      Pooling and Servicing Agreement, dated as of February 1, 2007, among Bear      Stearns Asset Backed Securities I LLC, as depositor, EMC Mortgage      Corporation, as seller and as company, LaSalle Bank National Association,      as master servicer and securities administrator, and Citibank, N.A., as      trustee (As previously filed on Form 8-K filed on March 29, 2007      and  hereby incorporated by reference into this report on Form      10-K)                                                            |
| 10.1                | Mortgage      Loan Purchase Agreement, dated as of February 28, 2007, as amended and      supplemented by any and all amendments hereto by and between EMC Mortgage      Corporation, a Delaware corporation and Bear Stearns Asset Backed      Securities I LLC (As previously filed on Form 8-K filed on March 29, 2007      and hereby incorporated by reference into this report on Form      10-K)                                                                                                                                         |
| 31                  | Sarbanes-Oxley      Certification                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
| 33(a)               | Report      on assessment of compliance with servicing criteria for asset-backed      securities, LaSalle Bank National Association, as Master      Servicer                                                                                                                                                                                                                                                                                                                                                                                    |
| 33(b)               | Report      on assessment of compliance with servicing criteria for asset-backed      securities, EMC Mortgage Corporation, as Company                                                                                                                                                                                                                                                                                                                                                                                                          |
| 33(c)               | Report      on assessment of compliance with servicing criteria for asset-backed      securities, LaSalle Bank National Association, as Securities Administrator      and Custodian                                                                                                                                                                                                                                                                                                                                                             |
| 33(d)               | Report      on assessment of compliance with servicing criteria for asset-backed      securities, GMAC Mortgage , LLC, as servicing function      participant                                                                                                                                                                                                                                                                                                                                                                                   |
| 33(e)               | Report      on assessment of compliance with servicing criteria for asset-backed      securities, Wells Fargo Bank, National Association, as  Custodian                                                                                                                                                                                                                                                                                                                                                                                         |
| 33(f)               | Report      on assessment of compliance with servicing criteria for asset-backed      securities, Assurant,      Inc. as servicing function participant                                                                                                                                                                                                                                                                                                                                                                                         |
| 33(g)               | Report      on assessment of compliance with servicing criteria for asset-backed      securities, FIS      Tax Services, as servicing function participant                                                                                                                                                                                                                                                                                                                                                                                      |
| 33(h)               | Report      on assessment of compliance with servicing criteria for asset-backed      securities, Land      America Tax and Flood Services, Inc., as servicing function      participant                                                                                                                                                                                                                                                                                                                                                        |
| 34(a)               | Attestation      report on assessment of compliance with servicing criteria for      asset-backed securities, LaSalle Bank National Association, as Master      Servicer                                                                                                                                                                                                                                                                                                                                                                        |
| 34(b)               | Attestation      report on assessment of compliance with servicing criteria for      asset-backed securities, EMC Mortgage Corporation, as    Company                                                                                                                                                                                                                                                                                                                                                                                           |
| 34(c)               | Attestation      report on assessment of compliance with servicing criteria for      asset-backed securities, LaSalle Bank National Association, as Securities      Administrator and Custodian                                                                                                                                                                                                                                                                                                                                                 |
| 34(d)               | Attestation      report on assessment of compliance with servicing criteria for      asset-backed securities, GMAC Mortgage , LLC, as servicing function      participant                                                                                                                                                                                                                                                                                                                                                                       |
| 34(e)               | Attestation      report on assessment of compliance with servicing criteria for      asset-backed securities, Wells Fargo Bank, National Association, as      Custodian                                                                                                                                                                                                                                                                                                                                                                         |
| 34(f)               | Attestation      report on assessment of compliance with servicing criteria for      asset-backed securities, Assurant, Inc. as servicing function      participant                                                                                                                                                                                                                                                                                                                                                                             |
| 34(g)               | Attestation      report on assessment of compliance with servicing criteria for      asset-backed securities, FIS Tax Services, as servicing function      participant                                                                                                                                                                                                                                                                                                                                                                          |
| 34(h)               | Attestation      report on assessment of compliance with servicing criteria for      asset-backed securities, Land America Tax and Flood Services, Inc., as      servicing function participant                                                                                                                                                                                                                                                                                                                                                 |
| 35(a)               | Servicer      compliance statement, LaSalle Bank National Association, as Master      Servicer                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 35(b)               | Servicer      compliance statement, EMC Mortgage Corporation, as  Company                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 35(c)               | Servicer      compliance statement, LaSalle Bank National Association, as Securities      Administrator                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 35(d)               | Servicer      compliance statement, GMAC Mortgage , LLC, as servicing function      participant                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 99.1                | Amended      and Restated Guaranty Agreement of JPMorgan Chase & Co. effective as      of March 16, 2008                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| 99.2                | Custodial      Agreement, dated as of February 28, 2007, by and among Citibank, N.A., not      individually but solely as trustee, Bear Stearns Asset Backed Securities I      LLC, as depositor, EMC Mortgage Corporation as seller, LaSalle Bank      National Association, as master servicer and securities administrator and      Wells Fargo Bank, N.A., as custodian (As previously filed on Form 8-K      filed on March 29, 2007 and  hereby incorporated by reference      into this report on Form 10-K)                   |
| 99.3                | Swap      Agreement between Bear Stearns Financial Products Inc. and LaSalle Bank      National Association, not in its individual capacity, but solely as      Supplemental Interest Trust Trustee (As previously filed on Form 8-K filed      on March 29, 2007 and  hereby incorporated by reference into      this report on Form 10-K)                                                                                                                                                                                           |
| 99.4                | Servicing      Agreement, dated as of May 1, 2001,  and  executed      between EMC Mortgage Corporation and GMAC Mortgage Corporation (As      previously filed on Form 8-K filed on March 29, 2007 and  hereby      incorporated by reference into this report on Form    10-K)                                                                                                                                                                                                                                  |
| 99.5                | Assignment,      Assumption and Recognition Agreement is made and entered into as of      February 28, 2007 among EMC Mortgage Corporation, Citibank, N.A., not      individually but solely as trustee for the holders of SACO I Trust 2007-2,      Mortgage-Backed Certificates, Series 2007-2 and GMAC Mortgage, LLC (As      previously filed on Form 8-K filed on March 29, 2007 and  hereby      incorporated by reference into this report on Form    10-K)                                                                    |

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