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

                                    FORM 10-K

     [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
         EXCHANGE ACT OF 1934

     For the fiscal year ended December 31, 2007

     [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
     EXCHANGE ACT OF 1934

     For the transition period to __________ from _______________

     Commission file number of issuing entity: 333-130694-19

              Morgan Stanley ABS Capital I Inc. Trust 2007-HE2
          (Exact name of Issuing Entity as specified in its Charter)

                      Morgan Stanley ABS Capital I Inc.
           (Exact name of depositor as specified in its Charter)

                Morgan Stanley Mortgage Capital Holdings LLC,
                successor-in-interest by merger to Morgan Stanley
                             Mortgage Capital Inc.
             (Exact name of sponsor as specified in its Charter)

                                          Pooling Tier REMIC-1 20-8525106
                                          Pooling Tier REMIC-2 20-8525154
                                              Lower-Tier REMIC 20-8525208
                                              Upper-Tier REMIC 20-8252246
                                                 Class X REMIC 20-8525297
                   New York                      Grantor Trust 20-7286399
           (State or other jurisdiction                  (I.R.S. Employer
         incorporation or organization                Identification Number
               of issuing entity)                        of issuing entity)

          c/o Deutsche Bank National Trust Company
          1761 East St. Andrew Place
          Santa Ana, California                                  92705
 (Address of principal executive offices                     (Zip Code of
         of issuing entity)                                issuing entity)

            Issuing Entity's telephone number, including area code:
                               (714) 247-6000

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

          Securities registered pursuant to Section 12(g) of the Act:

                                     None.

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

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

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

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

     Indicate by check mark whether the registrant is a large accelerated
     filer, an accelerated filer, a non-accelerated filer, or a smaller
     reporting company.  See the definitions of "large accelerated
     filer," "accelerated filer" and "smaller reporting company in Rule 12b-2
     of the Exchange Act.  (Check One):

      Large accelerated filer [  ]  Accelerated Filer [  ]
      Non-accelerated Filer [X] (Do not Check if a smaller reporting company)
      Smaller reporting company [  ]

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

     State the aggregate market value of the voting and non-voting common
     equity held by non-affiliates computed by reference to the price at
     which the common equity was last sold, or the average bid and asked
     price of such common equity, as of the of the last business day of
     the registrant's most recently completed second fiscal quarter


     Not Applicable.

     DOCUMENTS INCORPORATED BY REFERENCE

     See Item 15(a).

                                     PART I

     ITEM 1.  Business.

     Not Applicable.

     ITEM 1A.  Risk Factors.

     Not Applicable.

     ITEM 1B.  Unresolved Staff Comments.

     None.

     ITEM 2.  Properties.

     Not Applicable.

     ITEM 3.  Legal Proceedings.

     Not Applicable.

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

     Not Applicable.

                                     PART II

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

     Not Applicable.

     ITEM 6.  Selected Financial Data.

     Not Applicable.

     ITEM 7.  Management's Discussion and Analysis of Financial Condition and
     Results of Operations.

     Not Applicable.

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

     Not Applicable.

     ITEM 8.  Financial Statements and Supplementary Data.

     Not Applicable.

     ITEM 9.  Changes in and Disagreements with Accountants on Accounting and
     Financial Disclosure.

     Not Applicable.

     ITEM 9A.  Controls and Procedures.

     Not Applicable.

     ITEM 9A(T).  Controls and Procedures.

     Not Applicable.

     ITEM 9B. Other Information.

     None.

                                     PART III

     ITEM 10.  Directors, Executive Officers and Corporate Governance.

     Not Applicable.

     ITEM 11.  Executive Compensation.

     Not Applicable.

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

     Not Applicable.

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

     Not Applicable.

     ITEM 14.  Principal Accounting Fees and Services.

     Not Applicable.

              ADDITIONAL ITEMS REQUIRED BY GENERAL INSTRUCTION J(2)

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

     No single obligor represents 10% or more of the pool assets held by the
     issuing entity.

     Item 1114(b)(2) of Regulation AB, Significant Enhancement Provider
     Information.

     No entity or group of affiliated entities provides any external credit
     enhancement or other support for the certificates within this transaction
     as described under Item 1114(a) of Regulation AB.

     Item 1115(b) of Regulation AB, Certain Derivative Instruments.

     Morgan Stanley Capital Services Inc. provides an interest rate swap
     derivative instrument for the issuing entity.  No additional disclosure
     is necessary because the significance percentage for the interest rate
     swap is less than 10%.

     Item 1117 of Regulation AB, Legal Proceedings.

     Legal Proceedings Regarding Morgan Stanley Mortgage Capital Holdings LLC

     In addition to the matters described below, in the normal course of
     business, Morgan Stanley Mortgage Capital Holdings LLC ("the Company")
     has been named, from time to time, as a defendant in various legal actions.
     Certain of the actual or threatened legal actions include claims for
     substantial compensatory and/or punitive damages or claims for
     indeterminate amounts of damages.

     Regulatory and Governmental Investigations:  The Company and its affiliates
     are currently responding to subpoenas and requests for information from
     certain regulatory and governmental entities concerning the origination,
     purchase, securitization and/or servicing of subprime and non-subprime
     residential mortgages and related issues.

     Civil Litigation re American Business Financial Services, Inc. The
     Company has been named as one of a number of defendants in a matter
     styled Miller v. Santilli, et al., which is pending in the Court of
     Common Pleas for Philadelphia County, Pennsylvania.  The complaint in
     this action was filed on July 13, 2006 and is being brought by the
     bankruptcy trustee for American Business Financial Services, Inc.
     ("ABFS").  The complaint alleges, inter alia, that the Company, certain
     of the Company's affiliates, and various other financial institutions
     deepened the insolvency of ABFS, and aided and abetted fraud and breaches
     of fiduciary duties committed by certain former officers and directors of
     ABFS, by providing warehouse loans to ABFS and participating in
     securitization transactions with ABFS.  The complaint seeks damages in
     excess of $750 million.  The deepening insolvency claim has been dismissed,
     and the case is currently in discovery.

     Bauer, et al., v. Saxon Mortgage Services, Inc., et al. is a matter filed
     on December 1, 2004 in the Civil District Court for the Parish of Orleans,
     State of Louisiana, Case No. 2004-17015. On February 17, 2005, the
     plaintiffs re-filed the case as two separate class action lawsuits, Bauer,
     et al., v. Dean Morris, et al., filed as Case No. 05-2173 in the Civil
     District Court for the Parish of Orleans, State of Louisiana, and
     Patterson, et al., v. Dean Morris, et al., filed as Case No. 05-2174 in
     the Civil District Court for the Parish of Orleans, State of Louisiana.
     On January 24, 2006, the United States District Court for the Eastern
     District of Louisiana granted the Company's motion to compel arbitration
     in Bauer, et al., v. Dean Morris, et al.  On January 25, 2006, the United
     States District Court for the Eastern District of Louisiana granted the
     Saxon Mortgage Services's motion to compel arbitration in Patterson, et
     al., v. Dean Morris, et al.  At the present time, neither plaintiff has
     initiated arbitration.

     Jumar Hooks and Diane Felder, et al., v. Saxon Mortgage, Inc. is a matter
     filed on October 12, 2005 in the Common Pleas Court for Cuyahoga County,
     Ohio as Case No. CV 05 574577.  The plaintiffs filed this case as a class
     action, on behalf of themselves and similarly situated Ohio borrowers,
     alleging that the Company's subsidiary, Saxon Mortgage, Inc. ("Saxon
     Mortgage") engaged in unlawful practices in originating and servicing
     the plaintiffs' loans.  During the second quarter of 2006, the court
     granted the Saxon Mortgage's motion to compel individual arbitration as
     to each of the two named plaintiffs and stayed the court proceedings
     with no class having been certified.

     Jones, et al., v. ABN AMRO Mortgage Group, et al. is a matter filed on
     September 24, 2007 in the Court of Common Pleas for Berks County,
     Pennsylvania as Civil Action-Law No. 07-10540.  The plaintiffs allege
     that the putative class members were not credited properly for payments
     made on their mortgage loans which were allegedly collected by non-
     affiliated intermediary entities and forwarded to the servicer defendants.
     Saxon Mortgage Services services two loans for putative class members.
     Saxon Mortgage Services and other defendants filed a consolidated motion
     to dismiss the case.

     Legal Proceedings Regarding Saxon Mortgage Services, Inc.

     Because Saxon Mortgage Services, Inc. ("Saxon") and its affiliates
     are subject to many laws and regulations, including but not limited to
     federal and state consumer protection laws, it is regularly involved in
     numerous lawsuits filed against it, some of which seek certification as
     class action lawsuits on behalf of similarly situated individuals.

     Saxon and/or its affiliates are also involved, from time to time, in
     other reviews, investigations and proceedings (both formal and informal)
     by governmental agencies regarding Saxon's and/or its affiliates
     businesses, certain of which may result in adverse judgments, settlements,
     fines, penalties, injunctions or other relief.

     Saxon contests liability and/or the amount of damages as appropriate in
     each pending matter. In view of the inherent difficulty of predicting the
     outcome of such matters, particularly in cases where claimants seek
     substantial or indeterminate damages or where investigations and
     proceedings are in the early stages, Saxon cannot predict with certainty
     the loss or range of loss, if any, related to such matters, how or if such
     matters will be resolved, when they will ultimately be resolved, or what
     the eventual settlement, fine, penalty or other relief, if any, might be.
     Subject to the foregoing, the following matters are potentially material
     to the financial condition of Saxon.

     Regulatory and Governmental Investigations:  Saxon and its affiliates are
     currently responding to subpoenas and requests for information from
     certain regulatory and governmental entities concerning the origination,
     purchase, and/or servicing of subprime and non-subprime residential
     mortgages and related issues.

     Bauer, et al., v. Saxon Mortgage Services, Inc., et al. is a matter filed
     on December 1, 2004 in the Civil District Court for the Parish of Orleans,
     State of Louisiana, Case No. 2004-17015. On January 26, 2005, the
     plaintiffs filed a motion to dismiss the case without prejudice, and the
     court entered an order dismissing the case on January 31, 2005.  On
     February 17, 2005, the plaintiffs re-filed the case as two separate class
     action lawsuits, Bauer, et al., v. Dean Morris, et al., filed as Case No.
     05-2173 in the Civil District Court for the Parish of Orleans, State of
     Louisiana, and Patterson, et al., v. Dean Morris, et al., filed as Case
     No. 05-2174 in the Civil District Court for the Parish of Orleans, State
     of Louisiana.  On January 24, 2006, the United States District Court for
     the Eastern District of Louisiana granted Saxon's motion to compel
     arbitration and stayed the court proceedings as to named plaintiffs
     Keenan and Karen Duckworth in Bauer, et al., v. Dean Morris, et al.,
     filed as Case No. 05-2173 in the Civil District Court for the Parish of
     Orleans, State of Louisiana.  On January 25, 2006, the United States
     District Court for the Eastern District of Louisiana granted the Saxon
     Mortgage Services's motion to compel arbitration and stayed the court
     proceedings as to named plaintiff Debra Herron in Patterson, et al., v.
     Dean Morris, et al., filed as Case No. 05-2174 in the Civil District
     Court for the Parish of Orleans, State of Louisiana.  The court
     subsequently remanded the underlying court proceedings in both the Bauer
     and Patterson cases to the Civil District Court for the Parish of Orleans,
     State of Louisiana.  At the present time, neither plaintiff has initiated
     arbitration.

     Jones, et al., v. ABN AMRO Mortgage Group, et al. is a matter filed on
     September 24, 2007 in the Court of Common Pleas for Berks County,
     Pennsylvania as Civil Action-Law No. 07-10540.  The matter was
     subsequently removed to the United States District Court for the Eastern
     District of Pennsylvania as Civil Action No. 2:07-cv-04328-JG.  The
     plaintiffs filed an Amended Complaint on October 9, 2007 naming Saxon as
     a defendant.   The plaintiffs allege that the putative class members
     were not credited properly for payments made on their mortgage loans
     which were allegedly collected by non-affiliated intermediary entities
     and forwarded to the servicer defendants.  Saxon services two loans for
     putative class members.  The plaintiffs subsequently voluntarily
     dismissed all named plaintiffs except for the Jones's.  Saxon Mortgage
     Services and other defendants filed a consolidated motion to dismiss the
     case.

     Jumar Hooks and Diane Felder, et al., v. Saxon Mortgage, Inc. is a matter
     filed on October 12, 2005 in the Common Pleas Court for Cuyahoga County,
     Ohio as Case No. CV 05 574577.  The plaintiffs filed this case as a class
     action, on behalf of themselves and similarly situated Ohio borrowers,
     alleging that Saxon's affiliate, Saxon Mortgage, Inc. ("Saxon Mortgage")
     engaged in unlawful practices in originating and servicing the plaintiffs'
     loans.  During the second quarter of 2006, the court granted the Saxon
     Mortgage's motion to compel individual arbitration as to each of the two
     named plaintiffs and stayed the court proceedings with no class having
     been certified.

     Legal Proceedings Regarding Countrywide Financial Corporation

     Pursuant to a Form 10-K filed by Countrywide Financial Corporation ("the
     Company") on February 29, 2008 (Commission File No. 001-8422; CIK No.
     0000025191), the parent of Countrywide Home Loan Servicing LP, one of
     the servicers and original loan sellers, the Company stated that
     various lawsuits alleging claims for derivative relief on behalf of the
     Company and securities, retirement plan, and other class action suits
     have recently been brought against us and certain current and former
     officers, directors and retirement plan administrators in either federal
     district court in Los Angeles, California, or state superior court in Los
     Angeles, or state court in Delaware.  The Company stated that among other
     things, these lawsuits allege breach of state law fiduciary duties and
     violation of the federal securities laws and the Employee Retirement
     Income Security Act of 1974 ("ERISA").  The Company stated that these
     cases allege, among other things, that the Company did not disclose
     complete and accurate information about mortgage lending practices and
     financial condition. The Company stated that shareholder derivative
     cases brought in federal court are brought on the Company's behalf and
     do not seek recovery of damages from the Company.

     The Company stated that two consolidated cases alleging claims for
     derivative relief on behalf of the Company are also pending in federal
     district court in Delaware, and allege, among other things, that certain
     of the Company's proxy filings contain incorrect statements relating to
     the compensation of the Chief Executive Officer.

     The Company stated that various class action lawsuits relating to the
     proposed merger with Bank of America have been filed in the state courts
     of California and Delaware on behalf of a proposed class of shareholders
     against the Company, the Company's directors and Bank of America.  The
     Company stated that the class action lawsuits filed in state court in
     California have been removed to federal court in Los Angeles and that
     these lawsuits allege that the Company's directors breached their fiduciary
     duties to the Company's shareholders by entering into the merger agreement
     with Bank of America and that Bank of America allegedly aided and abetted
     those alleged breaches.  The Company stated that, similarly, the plaintiffs
     in the shareholder derivative lawsuits brought in California state and
     federal court recently have amended their complaints to add similar class
     action allegations relating to the proposed merger with Bank of America.

     The Company stated that it is difficult to predict the resulting outcome
     of these proceedings, particularly where investigations and proceedings
     are in early stages.  The Company stated that given the inherent difficulty
     in predicting the outcome of legal proceedings, the Company cannot estimate
     losses or ranges of losses for legal proceedings where there is only a
     reasonable possibility that a loss may be incurred, such as those discussed
     in the two immediately preceding paragraphs.  The Company stated that it
     provides for potential losses that may arise out of legal proceedings to
     the extent such losses are deemed probable and can be estimated.  The
     Company stated that although the ultimate outcome of the legal proceedings
     discussed above cannot be ascertained at this time, the Company believes
     that any resulting liability will not materially affect the consolidated
     financial position; such resolution, however, could be material to
     operating results for a particular future period depending upon the
     outcome of the proceedings and the operating results for a particular
     period. The Company stated that its assessment is based, in part, on the
     existence of insurance coverage.

     Legal Proceeding Regarding Decision One Mortgage Company, LLC

     Pursuant to a Form 10-K filed by HSBC Finance Corporation ("HSBC")
    (Commission File No. 001-8198; CIK No. 0000354964), an affiliate through
     common parent ownership of Decision One Mortgage Company, LLC, one of
     the original loan sellers, HSBC stated that since July of 2007, HSBC
     Finance Corporation and/or one or more of its subsidiaries has been named
     as a defendant in four class actions filed in the federal courts in
     the Northern District of Illinois, the Central District of California
     and the District of Massachusetts: Zamudio v. HSBC North America Holdings
     and HSBC Finance Corporation d/b/a Beneficial, (N.D. Ill. 07CV5413),
     National Association for the Advancement of Colored People ("NAACP") v.
     Ameriquest Mortgage Company, et al. including HSBC Finance Corporation
     (C.D. Ca., No. SACV07-0794AG(ANx)), Toruno v. HSBC Finance Corporation
     and Decision One Mortgage Company, LLC (C.D. Ca., No. CV07-05998JSL(RCx)
     and Suyapa Allen v.Decision One Mortgage Company, LLC, HSBC Finance
     Corporation, et al. (D. Mass., C.A. 07-11669). HSBC stated that each
     suit alleges that the named entities racially discriminated against their
     customers by using loan pricing policies and procedures that have resulted
     in a disparate impact against minority customers.  HSBC stated that
     violations of various federal statutes, including the Fair Housing Act
     and the Equal Credit Opportunity Act, are claimed.  HSBC stated that
     they are unable to quantify the potential impact from these actions,
     if any.

     Legal Proceedings Regarding NC Capital Corporation

     Pursuant to a Form 8-K filed on February 21, 2007 (the "February 21st 8-K")
     by New Century Financial Corporation ("NCFC") (Commission File No. 001-
     32314; CIK  No. 00001287286), the parent of NC Capital Corporation, one
     of the original loan sellers, NCFC stated that on February 14, 2007, NCFC
     was served with the complaint for a purported securities class action (the
     "Original Complaint") filed in the United States District Court for the
     Central District of California against NCFC and certain of its officers
     and directors. NCFC stated that the complaint alleges that NCFC and the
     other named defendants violated federal securities laws by issuing false
     and misleading statements and failing to disclose material facts about
     NCFC, which resulted in artificially inflated market prices of NCFC's
     common stock, and that the plaintiff and the purported class members
     purchased the registrant's stock at these artificially inflated market
     prices between April 7, 2006 and February 7, 2007.  NCFC stated that the
     complaint seeks money damages in favor of its purported class of
     purchasers of NCFC's securities, the costs and expenses of the action and
     other relief that may be granted by the court.

     In addition, pursuant to the February 21st 8-K, NCFC stated that nine
     additional purported class actions were filed in the United States District
     Court for the Central District of California between February 8, 2007 and
     February 20, 2007.  NCFC stated that these complaints present in large
     degree the same legal and factual issues as the Original Complaint and
     allege various class periods, the longest of which is from April 7, 2006
     to February 7, 2007.

     Pursuant to a Form 8-K filed by NCFC on March 13, 2007 (the "March 13th
     8-K"), NCFC stated that on February 28, 2007, NCFC received a letter from
     the United States Attorney's Office for the Central District of California
     (the "U.S. Attorney's Office") indicating that it was conducting a criminal
     inquiry under the federal securities laws in connection with trading in
     NCFC's securities, as well as accounting errors regarding NCFC's allowance
     for repurchase losses.  NCFC stated that it has subsequently received a
     grand jury subpoena requesting production of certain documents.  NCFC
      stated that it intends to cooperate with the requests of the U.S.
     Attorney's Office.

     In addition, pursuant to the March 13th 8-K, NCFC stated that on March 12,
     2007, it received a letter from the staff of the Pacific Regional Office
     of the Securities Exchange Commission stating that the staff was conducting
     a preliminary investigation involving NCFC and requesting production of
     certain documents.  NCFC stated that the staff of the SEC had also
     previously requested a meeting with NCFC to discuss the events leading up
     to NCFC's previous announcement of the need to restate certain of its
     historical financial statements.

     Pursuant to a Form 8-K filed by NCFC on March 14, 2007 (the "March 14th
     8-K"), NCFC stated that on March 13, 2007, NCFC and certain of its
     subsidiaries received cease and desist orders from regulators in the
     States of Massachusetts, New Hampshire, New Jersey and New York (the
     "March 13 Orders").  NCFC stated that the cease and desist orders contain
     allegations that certain of NCFC's subsidiaries have engaged in violations
     of applicable state law, including, among others, failure to fund mortgage
     loans after a mortgage closing, failure to meet certain financial
     requirements, including net worth and available liquidity, and failure to
     timely notify the state regulators of defaults and terminations under
     certain of its financing arrangements.  NCFC stated that the cease and
     desist orders seek to restrain the subsidiaries from taking certain
     actions, including, among others, engaging in further violations of state
     law, taking new applications for mortgage loans in the relevant
     jurisdiction, and paying dividends or bonuses to officers, directors or
     shareholders of the applicable subsidiaries.  NCFC stated that the cease
     and desist orders also seek to cause the subsidiaries to affirmatively
     take certain actions, including the creation of escrow accounts to hold
     fees relating to pending mortgage applications, the transfer to other
     lenders of the outstanding mortgage applications and unfunded mortgage
     loans held by the subsidiaries, and the provision of regular information
     to the state regulators regarding the subsidiaries' activities in the
     applicable state, including the status of all outstanding mortgage
     applications and unfunded mortgage loans in that state.  NCFC stated that
     certain of the cease and desist orders also require one or more of the
     subsidiaries to show cause why their license should not be revoked or why
     administrative penalties should not be assessed.  NCFC stated that the
     cease and desist orders generally become permanent if not promptly
     appealed by the applicable subsidiaries.

     Pursuant to a Form 8-K filed on March 19, 2007 (the "March 19th 8-K"),
     NCFC stated that on March 14 and 15, 2007, NCFC received additional cease
     and desist orders from the States of Connecticut, Maryland, Rhode Island
     and Tennessee (collectively, the "March 14-15 Orders"). NCFC stated that
     consistent with the March 13 Orders, the March 14-15 Orders contain
     allegations that certain of NCFC's subsidiaries have engaged in violations
     of applicable state law, including, among others, failure to fund mortgage
     loans after closing. Additionally, pursuant to the March 19th 8-K, NCFC
     stated that on March 14, 2007, New century Mortgage Corporation ("NCMC")
     and Home123 Corporation, an indirect wholly owned subsidiary of NCFC
     ("Home123"), entered into a Consent Agreement and Order, dated March 14,
     2007, with the Commonwealth of Pennsylvania Department of Banking, Bureau
     of Supervision and Enforcement (the "Consent Agreement").   NCFC stated
     that consistent with the March 13 Orders, the March 14-15 Orders and the
     Consent Agreement seek to restrain NCFC's subsidiaries from taking certain
     actions, including, among others, engaging in alleged violations of state
     law and taking new applications for mortgage loans in the relevant
     jurisdiction.  NCFC stated that the March 14-15 Orders and the Consent
     Agreement also seek to cause the subsidiaries to affirmatively take certain
     actions, including the creation of escrow accounts to hold fees relating
     to pending mortgage applications, the transfer to other lenders of the
     outstanding mortgage applications and unfunded mortgage loans held by
     the subsidiaries, and the provision of regular information to the state
     regulators regarding the subsidiaries' activities in the applicable state,
     including the status of all outstanding mortgage applications and unfunded
     mortgage loans in that state.  NCFC stated that certain of the March 14-15
     Orders also seek to revoke the licenses of one or more of NCFC's
     subsidiaries or assess administrative penalties. NCFC stated that the
     March 14-15 Orders generally become permanent if not promptly appealed by
     the applicable subsidiaries.

     Additionally, pursuant to the March 19th 8-K, NCFC stated that in
     connection with a civil action filed against NCFC, NCMC and Home123
     (collectively, the "Defendants") in an Ohio state court (the "Complaint")
     by the Attorney General of Ohio and the Ohio Division of Commerce, Division
     of Financial Institutions on March 14, 2007, that Ohio state court issued
     a temporary restraining order, which was subsequently modified by the court
     on March 16, 2007, against the Defendants (as modified, the "TRO").  NCFC
     stated that the Complaint and the TRO contain allegations that the
     Defendants have engaged in violations of applicable state law, including,
     among others, failure to fund mortgage loans after closing.  NCFC stated
     that the TRO restrains the Defendants from taking certain actions,
     including, among others, (i) engaging in violations of state law, (ii)
     soliciting applicants and taking new applications for mortgage loans in
     Ohio and (iii) initiating, prosecuting or enforcing foreclosure actions
     in Ohio.  NCFC stated that the TRO also requires the Defendants to confer
     with the Ohio Attorney General and Division of Commerce by March 22, 2007
     regarding the treatment of Ohio loans that are more than 60 days delinquent
     and are held for sale.  NCFC stated that the restraints imposed by the TRO
     could further harm NCFC's business.

     Pursuant to a Form 8-K filed on March 20, 2007 (the "March 20th 8-K"),
     NCFC stated that as disclosed above, NCFC has received cease and desist
     orders from several states and entered into a consent agreement with one
     state (the "Previous Orders and Consent Agreement").  NCFC stated that on
     March 16, 2007, NCFC received additional cease and desist orders from the
     State of California (the "California Orders") and certain of NCFC's
     subsidiaries entered into consent agreements with the State of Florida's
     Office of Financial Regulation and the State of Washington's Department of
     Financial Institutions, respectively, each dated March 16, 2007 (the "March
     16 Agreements" and together with the California Orders, the "March 16
     Orders and Consent Agreements").

     Pursuant to the March 20th 8-K, NCFC stated that consistent with the
     Previous Orders and Consent Agreement, the March 16 Orders and Consent
     Agreements contain allegations that certain of NCFC's subsidiaries have
     engaged in violations of state law, including, among others, failure to
     fund mortgage loans after closing.  NCFC stated that consistent with the
     Previous Orders and Consent Agreement, the March 16 Orders and Consent
     Agreements seek to restrain NCFC's subsidiaries from taking certain
     actions, including, among others, engaging in alleged violations of state
     law and taking new applications for mortgage loans in the relevant
     jurisdiction.  NCFC stated that the March 16 Orders and Consent Agreements
     also seek to cause the subsidiaries to affirmatively take certain actions,
     including the creation of escrow accounts to hold fees relating to pending
     mortgage applications, the transfer to other lenders of the outstanding
     mortgage applications and unfunded mortgage loans held by the subsidiaries,
     and the provision of regular information to the state regulators regarding
     the subsidiaries' activities in the applicable state, including the status
     of all outstanding mortgage applications and unfunded mortgage loans in
     that state.  NCFC stated that the California Orders become permanent if
     not promptly appealed by the applicable subsidiaries.

     In addition, NCFC stated that on March 16, 2007, Home123 received a
     suspension order (the "Suspension Order") from the State of New York
     Banking Department.  NCFC stated that the Suspension Order contains
     allegations similar to those included in the March 13 Order and further
     provides that Home123's mortgage banking license in the State of New York
     has been suspended for a period not exceeding 30 days, pending
     investigation.

     Pursuant to a Form 8-K filed on March 22, 2007 (the "March 22nd 8-K"),
     NCFC stated that on March 20, 2007, certain of NCFC's subsidiaries entered
     into a consent agreement with the State of Maine's Office of Consumer
     Credit Regulation (the "March 20 Consent Agreement").  NCFC stated that
     consistent with the Previous Orders and Consent Agreements, the March 20
     Consent Agreement contains allegations that certain of NCFC's subsidiaries
     have engaged in violations of state law, including, among others, failure
     to fund mortgage loans after closing.  NCFC stated that consistent with
     the Previous Orders and Consent Agreements, the March 20 Consent Agreement
     seeks to restrain NCFC's subsidiaries from taking certain actions,
     including, among others, engaging in alleged violations of state law and
     taking new applications for mortgage loans in the relevant jurisdiction.
     NCFC stated that the March 20 Consent Agreement also seeks to cause the
     subsidiaries to affirmatively take certain actions, including the creation
     of escrow accounts to hold fees relating to pending mortgage applications,
     the transfer to other lenders of the outstanding mortgage applications
     and unfunded mortgage loans held by the subsidiaries, and the provision
     of regular information to the state regulators regarding the subsidiaries'
     activities in the applicable state, including the status of all outstanding
     mortgage applications and unfunded mortgage loans in that state.

     Pursuant to a Form 8-K filed on March 28, 2007 (the "March 28th 8-K"), NCFC
     stated that on March 27, 2007, NCFC signed consent agreements with the
     State of Idaho's Department of Finance, the State of Iowa's Superintendent
     of Banking, the State of Michigan's Office of Financial and Insurance
     Services and the State of Wyoming's Banking Commissioner (the "Additional
     Consent Agreements").  NCFC stated that although NCFC has signed the
     Additional Consent Agreements and expects to comply with their terms,
     NCFC has not yet received counterpart signatures from the respective states
     and accordingly such Additional Consent Agreements may not be binding on
     the respective states.  NCFC stated that consistent with the Previous
     Orders and Consent Agreements, the Additional Consent Agreements contain
     allegations that certain of NCFC's subsidiaries have engaged in violations
     of state law, including, among others, failure to fund mortgage loans after
     closing.  NCFC stated that consistent with the Previous Orders and Consent
     Agreements, the Additional Consent Agreements restrain NCFC's subsidiaries
     from taking certain actions, including, among others, engaging in alleged
     violations of state law and taking new applications for mortgage loans in
     the relevant jurisdiction.  NCFC stated that The Additional Consent
     Agreements also compel the subsidiaries to affirmatively take certain
     actions, including the creation of escrow accounts to hold any up front
     fees collected in connection with pending mortgage applications, the
     transfer to other lenders of the outstanding mortgage applications and
     unfunded mortgage loans held by the subsidiaries, and the provision of
     regular information to the state regulators regarding the subsidiaries'
     activities in the applicable state, including the status of all outstanding
     mortgage applications and unfunded mortgage loans in that state.

     Pursuant to a Form 8-K filed on March 30, 2007 (the "March 30th 8-K"),
     NCFC stated that as disclosed above, on March 14, 2007, the Attorney
     General of Ohio and the Ohio Department of Commerce, Division of Financial
     Institutions (together, the "State") filed a lawsuit against NCFC and
     certain of its subsidiaries (collectively with NCFC, the "Defendants") in
     Ohio state court (the "Ohio Complaint").  NCFC stated that the Ohio
     Complaint alleges that NCFC has engaged in violations of applicable state
     law, including, among others, failure to fund mortgage loans after closing.
     NCFC stated that on March 14, 2007, the court granted the State's motion to
     enter a temporary restraining order, which was subsequently modified by the
     court on March 16, 2007, against the Defendants (as modified, the "TRO").
     NCFC stated that the TRO restrained the Defendants from taking certain
     actions, including, among others, (i) engaging in violations of state law,
     (ii) soliciting applicants and taking new applications for mortgage loans
     in Ohio and (iii) initiating, prosecuting or enforcing foreclosure actions
     in Ohio.  NCFC stated that the TRO required the parties to confer with
     respect to restrictions regarding foreclosure action and the sale, transfer
     or assignment of loans more than 60 days delinquent.

     In addition, pursuant to the March 30th 8-K, NCFC stated that on March 26,
     2007, the Defendants filed a Motion for Dissolution of Modified Temporary
     Restraining Order and Motion for an Emergency Hearing, and Opposition to a
     Preliminary Injunction.  NCFC stated that on March 28, 2007, the Defendants
     and the State reached agreement on a Stipulated Preliminary Injunction
     effective for 90 days, which was entered by the court. NCFC stated that the
     Stipulated Preliminary Injunction replaces the TRO and provides for a stay
     of the litigation for 90 days. NCFC stated that the Stipulated Preliminary
     Injunction restrains the Defendants from taking certain actions, including,
     among others, engaging in alleged violations of state law and taking new
     applications for mortgage loans.  NCFC stated that the Stipulated
     Preliminary Injunction also compels the Defendants to take certain actions,
     including the transfer to other lenders of any outstanding mortgage
     applications and unfunded mortgage loans, the placement in escrow of any
     upfront fees collected in connection with pending mortgage applications,
     and the provision of regular information to the State regarding NCFC's
     activities in Ohio, including the status of all outstanding mortgage
     applications and unfunded mortgage loans.  NCFC stated that the Stipulated
     Preliminary Injunction also requires the Defendants to submit certain
     categories of loans (and related information) as to which it intends to
     foreclose to the State for the State to review.  NCFC stated that the State
     may object for cause to NCFC proceeding with a particular foreclosure and
     if NCFC is unable to convince the State to permit it to proceed, the
     foreclosure will not proceed for the duration of the Stipulated Preliminary
     Injunction.  NCFC stated that the Stipulated Preliminary Injunction also
     provides for the State to review and object for cause to the Defendants
     selling, transferring or assigning certain categories of loans that are
     more than 60 days delinquent.

     In addition, pursuant to the March 30th 8-K, NCFC stated that in the event
     that the State or the Defendants believe the other is not acting in good
     faith, the Stipulated Preliminary Injunction provides that the complaining
     party should notify the other of such concern and if the concern is not
     resolved, then either party may notify the other of their intent to file
     a motion with the court to terminate the Stipulated Preliminary Injunction
     and request to reschedule the previously canceled preliminary injunction
     hearing.  NCFC stated that the Stipulated Preliminary Injunction provides
     that in such event neither party will object to the scheduling of a prompt
     preliminary injunction hearing or the termination of the Stipulated
     Preliminary Injunction at such a preliminary injunction hearing.

     Pursuant to a Form 8-K filed on April 6, 2007 (the "April 6th 8-K"), NCFC
     stated that on April 2, 2007, NCFC announced that it and several of its
     subsidiaries, including New Century TRS Holdings, Inc., NCMC, NC Capital
     Corporation, Home123 Corporation, New Century Credit Corporation, NC Asset
     Holding, L.P., NC Residual III Corporation, NC Residual IV Corporation, New
     Century R.E.O. Corp., New Century R.E.O. II Corp., New Century R.E.O. III
     Corp., New Century Mortgage Ventures, LLC, NC Deltex, LLC and NCoral, L.P.
     (collectively, the "Debtors") filed voluntary petitions (the "Bankruptcy
     Filings") under chapter 11 of the United States Bankruptcy Code (the
     "Bankruptcy Code") in the United States Bankruptcy Court for the District
     of Delaware (the "Bankruptcy Court").  NCFC stated that these bankruptcy
     cases (the "Bankruptcy Cases") are being jointly administered in the
     Bankruptcy Court under the caption "In re New Century TRS Holdings, Inc.,
     et al., Case No. 07-10416" before the Honorable Kevin J. Carey, United
     States Bankruptcy Judge. NCFC stated that the Debtors will continue to
     operate their business as "debtors-in-possession" under the jurisdiction
     of the Bankruptcy Court and in accordance with the applicable provisions
     of the Bankruptcy Code and orders of the Bankruptcy Court.

     Pursuant to a Form 8-K filed on April 16, 2007 (the "April 16th 8-K"),
     NCFC stated that the Commonwealth of Massachusetts Office of the Attorney
     General issued a Civil Investigation Demand to NCFC, which requests certain
      documents relating to NCFC's loan origination business practices in
      connection with an investigation conducted pursuant to the Attorney
      General's authority to enforce consumer protection statutes.

     Pursuant to a Form 8-K filed on July 5, 2007 (the "July 5th 8-K"), NCFC
     stated that on June 21, 2007 the staff of the Pacific Regional Office of
     the Securities Exchange Commission (the "Commission") orally advised NCFC's
     outside counsel that the Commission had issued a formal order of
     investigation with respect to its investigation of NCFC.

     In addition, pursuant to the July 5th 8-K, NCFC stated that on June 29,
     2007, NCFC was served with a complaint for declaratory judgment and other
     equitable relief (the "Complaint") that was filed on June 20, 2007, in
     the United States Bankruptcy Court for the District of Delaware (the
     "Bankruptcy Court") against NCFC, certain of its subsidiaries and certain
     of its directors. NCFC stated that the Complaint seeks a declaratory
     judgment on behalf of a purported class consisting of beneficiaries (the
     "Beneficiaries") of the New Century Financial Corporation Deferred
     Compensation Plan and the New Century Financial Corporation Supplemental
     Executive Retirement/Savings Plan (collectively, the "Plans") that, among
     other things, the Beneficiaries are a class, that the Plans' assets are
     held in trust for the exclusive benefit of the Beneficiaries, that the
     Plans' assets are not the property of NCFC's or any of its subsidiaries'
     bankruptcy estates, and that the Plans' assets be distributed to the
     Beneficiaries.

     In addition, pursuant to a Form 8-K filed on December 14, 2007 (the
     "December 14th 8-K"), NCFC stated that the Bankruptcy Court entered an
     order establishing August 31, 2007, as the last date (the "Claim Bar Date"
     for all persons and entities holding or wishing to assert bankruptcy claims
     against NCFC and certain of its debtor-in-possession subsidiaries
     (collectively with NCFC, the "Debtors") to file a proof of claim form.
     According to the December 14th 8-K, NCFC stated that through the Claim
     Bar Date, the dollar amount of claims filed against the Debtors exceeded
     $32 billion.  NCFC stated that the Debtors are in the preliminary stages
     of their review of these claims and based on their preliminary review
     believe that certain of these claims will be subject to objection as being
     duplicative, overstated, based upon contingencies that have not occurred,
     or because they otherwise do not state a valid claim.  NCFC stated that
     the foregoing amount does not include claims that were filed without a
     specified dollar amount, referred to as unliquidated claims, and claims
     that were filed after the claim bar date.

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

     The information regarding this Item has been previously filed in a
     424(b)(5) filed on March 1, 2007 (Commission File No. 333-130694-19).

     Item 1122 of Regulation AB, Compliance with Applicable Servicing Criteria.

     See Exhibit 33 and 34.

     LaSalle Bank National Association's ("LaSalle") Report on Assessment of
     Compliance with Servicing Criteria for 2007 (the "2007 Assessment")
     attached to this Report on Form 10-K describes in Appendix B the following
     material instance of noncompliance related to investor reporting:

     "1122(d)(3)(i)(A) and (B) - During the Reporting Period, certain monthly
     investor or remittance reports were not prepared in accordance with the
     terms set forth in the transaction agreements and certain investor reports
     did not provide the information calculated in accordance with the terms
     specified in the transaction agreements for which certain individual
     errors may or may not have been material."

     The investor reporting errors identified on LaSalle's 2007 Assessment as
     material instances of noncompliance (the "Investor Reporting Errors")
     included, for example, revised delinquency, REO, foreclosure, repurchase,
     payoff or modified loan counts, category indicators and/or balances. The
     conclusion that the Investor Reporting Errors amounted to a material
     instance of noncompliance was based primarily on the aggregate number of
     errors as opposed to the materiality of any one error.

     The Investor Reporting Errors were generally caused by human error
     resulting primarily from high volume monthly data processing demands that
     had to be addressed within constricted time frames with less than a full
     complement of operational staff. Between the fourth quarter of the
     Reporting Period and the date of the 2007 Assessment, LaSalle has employed
     additional operational staff to accommodate the high volume of monthly
     investor reporting requirements and minimize the risk of the Investor
     Reporting Errors recurring. Other necessary controls are in place to
     minimize the risk of such errors.

     With respect to the specific pool assets and asset-backed securities
     related to the Investor Reporting Errors, the errors did not have, and
     are not reasonable likely in the future to have, any material impact or
     effect on pool asset performance, servicing of the pool assets and
     payments or expected payments on the mortgage-backed securities.


     Item 1123 of Regulation AB, Servicer Compliance Statement.

     See Exhibit 35.

                                     PART IV

     ITEM 15. Exhibits, Financial Statement Schedules.

     (a) List the following documents filed as a part of the report:

        (1) Not Applicable.

        (2) Not Applicable.

        (3)

        Exhibit 4 was filed as part of the Registrant's Current Report on
        Form 8-K filed on March 15, 2007 (Commission File No. 333-130694-19)
        and is incorporated by reference herein.

        Exhibit 4 Pooling and Servicing Agreement, dated as of February 1,
        2007, by and among Morgan Stanley ABS Capital I Inc., as depositor,
        Saxon Mortgage Services, Inc., as a servicer, Countrywide Home Loans
        Servicing LP, as a servicer, New Century Mortgage Corporation, as a
        servicer, Wells Fargo Bank, National Association, as a servicer and
        a custodian, NC Capital Corporation, as a responsible party, Decision
        One Mortgage Company, LLC, as a responsible party, WMC Mortgage Corp.,
        as a responsible party, LaSalle Bank National Association, as a
        custodian, and Deutsche Bank National Trust Company, as trustee.

        Exhibit 31 Rule 13a-14(d)/15d-14(d) Certification.

        Exhibit 33.1 Saxon Mortgage Services, Inc.'s Annual Report on
        Assessment of Compliance for Year End December 31, 2007.

        Exhibit 33.2 First American Corporation's Annual Report on
        Assessment of Compliance for Year End December 31, 2007.

        Exhibit 33.3 Southwest Business Corporation's Annual Report on
        Assessment of Compliance for Year End December 31, 2007.

        Exhibit 33.4 FIS Tax Services' Annual Report on Assessment of
        Compliance for Year End December 31, 2007.

        Exhibit 33.5 Countrywide Home Loans Servicing LP's Annual Report on
        Assessment of Compliance for Year End December 31, 2007.

        Exhibit 33.6 Wells Fargo Bank, National Association's as servicer
        Annual Report on Assessment of Compliance for Year End
        December 31, 2007.

        Exhibit 33.7 Deutsche Bank National Trust Company's Annual Report
        on Assessment of Compliance for Year End December 31, 2007.

        Exhibit 33.8 Wells Fargo Bank, National Association's as custodian
        Annual Report on Assessment of Compliance for Year End
        December 31, 2007.

        Exhibit 33.9 LaSalle Bank National Association's Annual Report on
        Assessment of Compliance for Year End December 31, 2007.

        Exhibit 34.1 Attestation Report on Assessment of Compliance with
        Servicing Criteria for Saxon Mortgage Services, Inc.'s (Exhibit
        33.1) for Year End December 31, 2007.

        Exhibit 34.2 Attestation Report on Assessment of Compliance with
        Servicing Criteria for First American Corporation's Report
       (Exhibit 33.2) for Year End December 31, 2007.

        Exhibit 34.3 Attestation Report on Assessment of Compliance with
        Servicing Criteria for Southwest Business Corporation's Report
       (Exhibit 33.3) for Year End December 31, 2007.

        Exhibit 34.4 Attestation Report on Assessment of Compliance with
        Servicing Criteria for FIS Tax Services' Report (Exhibit 33.4) for
        Year End December 31, 2007.

        Exhibit 34.5 Attestation Report on Assessment of Compliance with
        Servicing Criteria for Countrywide Home Loans Servicing LP's (Exhibit
        33.5) for Year End December 31, 2007.

        Exhibit 34.6 Attestation Report on Assessment of Compliance with
        Servicing Criteria for Wells Fargo Bank, National Association's as
        servicer (Exhibit 33.6) for Year End December 31, 2007.

        Exhibit 34.7 Attestation Report on Assessment of Compliance with
        Servicing Criteria for Deutsche Bank National Trust Company's Report
       (Exhibit 33.7) for Year End December 31, 2007.

        Exhibit 34.8 Attestation Report on Assessment of Compliance with
        Servicing Criteria for Wells Fargo Bank, National Association's as
        custodian (Exhibit 33.8) for Year End December 31, 2007.

        Exhibit 34.9 Attestation Report on Assessment of Compliance with
        Servicing Criteria for LaSalle Bank National Association's Report
       (Exhibit 33.9) for Year End December 31, 2007.

        Exhibit 35.1 Saxon Mortgage Services, Inc.'s Annual Statement of
        Compliance for Year End December 31, 2007.

        Exhibit 35.2 Countrywide Home Loans Servicing LP's Annual Statement
        of Compliance for Year End December 31, 2007.

        Exhibit 35.3 Wells Fargo Bank, National Association's Annual Statement
        of Compliance for Year End December 31, 2007.

     (b) See (a) above.

     (c) Not Applicable.






                                      SIGNATURE

          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.


                             By: Morgan Stanley ABS Capital I Inc.,
                                 as Depositor on behalf of the Registrant



                                      By:  /s/ Steven Shapiro
                                           Steven Shapiro
                                           Vice President
                                          (Senior Officer in Charge of
                                           Securitization of the Depositor)



     Date: March 28, 2008


     EXHIBIT INDEX

     Exhibit Document

        Exhibit 4 was filed as part of the Registrant's Current Report on
        Form 8-K filed on March 15, 2007 (Commission File No. 333-130694-19)
        and is incorporated by reference herein.

        Exhibit 4 Pooling and Servicing Agreement, dated as of February 1,
        2007, by and among Morgan Stanley ABS Capital I Inc., as depositor,
        Saxon Mortgage Services, Inc., as a servicer, Countrywide Home Loans
        Servicing LP, as a servicer, New Century Mortgage Corporation, as a
        servicer, Wells Fargo Bank, National Association, as a servicer and
        a custodian, NC Capital Corporation, as a responsible party, Decision
        One Mortgage Company, LLC, as a responsible party, WMC Mortgage Corp.,
        as a responsible party, LaSalle Bank National Association, as a
        custodian, and Deutsche Bank National Trust Company, as trustee.

        Exhibit 31 Rule 13a-14(d)/15d-14(d) Certification.

        Exhibit 33.1 Saxon Mortgage Services, Inc.'s Annual Report on
        Assessment of Compliance for Year End December 31, 2007.

        Exhibit 33.2 First American Corporation's Annual Report on
        Assessment of Compliance for Year End December 31, 2007.

        Exhibit 33.3 Southwest Business Corporation's Annual Report on
        Assessment of Compliance for Year End December 31, 2007.

        Exhibit 33.4 FIS Tax Services' Annual Report on Assessment of
        Compliance for Year End December 31, 2007.

        Exhibit 33.5 Countrywide Home Loans Servicing LP's Annual Report on
        Assessment of Compliance for Year End December 31, 2007.

        Exhibit 33.6 Wells Fargo Bank, National Association's as servicer
        Annual Report on Assessment of Compliance for Year End
        December 31, 2007.

        Exhibit 33.7 Deutsche Bank National Trust Company's Annual Report
        on Assessment of Compliance for Year End December 31, 2007.

        Exhibit 33.8 Wells Fargo Bank, National Association's as custodian
        Annual Report on Assessment of Compliance for Year End
        December 31, 2007.

        Exhibit 33.9 LaSalle Bank National Association's Annual Report on
        Assessment of Compliance for Year End December 31, 2007.

        Exhibit 34.1 Attestation Report on Assessment of Compliance with
        Servicing Criteria for Saxon Mortgage Services, Inc.'s (Exhibit
        33.1) for Year End December 31, 2007.

        Exhibit 34.2 Attestation Report on Assessment of Compliance with
        Servicing Criteria for First American Corporation's Report
       (Exhibit 33.2) for Year End December 31, 2007.

        Exhibit 34.3 Attestation Report on Assessment of Compliance with
        Servicing Criteria for Southwest Business Corporation's Report
       (Exhibit 33.3) for Year End December 31, 2007.

        Exhibit 34.4 Attestation Report on Assessment of Compliance with
        Servicing Criteria for FIS Tax Services' Report (Exhibit 33.4) for
        Year End December 31, 2007.

        Exhibit 34.5 Attestation Report on Assessment of Compliance with
        Servicing Criteria for Countrywide Home Loans Servicing LP's (Exhibit
        33.5) for Year End December 31, 2007.

        Exhibit 34.6 Attestation Report on Assessment of Compliance with
        Servicing Criteria for Wells Fargo Bank, National Association's as
        servicer (Exhibit 33.6) for Year End December 31, 2007.

        Exhibit 34.7 Attestation Report on Assessment of Compliance with
        Servicing Criteria for Deutsche Bank National Trust Company's Report
       (Exhibit 33.7) for Year End December 31, 2007.

        Exhibit 34.8 Attestation Report on Assessment of Compliance with
        Servicing Criteria for Wells Fargo Bank, National Association's as
        custodian (Exhibit 33.8) for Year End December 31, 2007.

        Exhibit 34.9 Attestation Report on Assessment of Compliance with
        Servicing Criteria for LaSalle Bank National Association's Report
       (Exhibit 33.9) for Year End December 31, 2007.

        Exhibit 35.1 Saxon Mortgage Services, Inc.'s Annual Statement of
        Compliance for Year End December 31, 2007.

        Exhibit 35.2 Countrywide Home Loans Servicing LP's Annual Statement
        of Compliance for Year End December 31, 2007.

        Exhibit 35.3 Wells Fargo Bank, National Association's Annual Statement
        of Compliance for Year End December 31, 2007.