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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 Asset      Backed Securities I LLC, as depositor and Bear, Stearns & Co. Inc., as      underwriter and the related Terms Agreement, dated as of February 13,      2007, between the Bear Stearns Asset Backed and Bear Stearns (As      previously filed on Form 8-K filed on March 15,      2007  and  hereby incorporated by reference into this      report on Form 10-K)                              |
| 4.1                 | 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 master servicer, and LaSalle Bank National Association, as      trustee (As previously filed on Form 8-K filed on March 15,      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, by and among EMC      Mortgage Corporation, Master Funding LLC and Bear Stearns Asset Backed      Securities I LLC (As previously filed on Form 8-K filed on March 15,      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, EMC Mortgage Corporation, as MasterServicer                                                                                                                                                                                                                                                                                                                                                                 |
| 33(b)               | Report      on assessment of compliance with servicing criteria for asset-backed      securities, LaSalle Bank National Association, as Trustee and      Custodian                                                                                                                                                                                                                                                                                                                                            |
| 33(c)               | Report      on assessment of compliance with servicing criteria for asset-backed      securities, Assurant,      Inc. as servicing function participant                                                                                                                                                                                                                                                                                                                                                       |
| 33(d)               | Report      on assessment of compliance with servicing criteria for asset-backed      securities, FIS      Tax Services, as servicing function participant                                                                                                                                                                                                                                                                                                                                                    |
| 33(e)               | 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, EMC Mortgage Corporation, as Master      Servicer                                                                                                                                                                                                                                                                                                                                               |
| 34(b)               | Attestation      report on assessment of compliance with servicing criteria for      asset-backed securities, LaSalle Bank National Association, as Trustee and      Custodian                                                                                                                                                                                                                                                                                                                                |
| 34(c)               | Attestation      report on assessment of compliance with servicing criteria for      asset-backed securities, Assurant,      Inc. as servicing function participant                                                                                                                                                                                                                                                                                                                                           |
| 34(d)               | Attestation      report on assessment of compliance with servicing criteria for      asset-backed securities, FIS      Tax Services, as servicing function participant                                                                                                                                                                                                                                                                                                                                        |
| 34(e)               | 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, EMC Mortgage Corporation, as Master      Servicer                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 35(b)               | Servicer      compliance statement, LaSalle Bank National Association, as      Trustee                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 99.1                | Custodial      Agreement, dated as of February 28, 2007, by and among LaSalle Bank      National Association, not individually but solely as trustee and as      custodian, Bear Stearns Asset Backed Securities I LLC, as depositor, EMC      Mortgage Corporation, as a seller and as master servicer and Master      Funding LLC, as a seller (As previously filed on Form 8-K filed on March      15, 2007  and  hereby incorporated by reference into      this report on Form 10-K) |
| 99.2                | Group      I Swap Agreement between ABN AMRO Bank N.V. and LaSalle Bank National      Association, not individually, but solely as trustee on behalf of the      supplemental interest trust (As previously filed on Form 8-K filed on      March 15, 2007  and  hereby incorporated by reference      into this report on Form 10-K)                                                                                                                                                     |
| 99.3                | Group      II Swap Agreement between ABN AMRO Bank N.V. and LaSalle Bank National      Association, not individually, but solely as trustee on behalf of the      supplemental interest trust (As previously filed on Form 8-K filed on      March 15, 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.                                                                                                                        | EMC      Mortgage Corporation, as Master Servicer                                      |   |   |
| 2.                                                                                                                        | LaSalle      Bank National Association, as Trustee and Custodian                       |   |   |
| 3.                                                                                                                        | Assurant,      Inc. as servicing function participant                                  |   |   |
| 4.                                                                                                                        | FIS      Tax Services, as servicing function participant                               |   |   |
| 5.                                                                                                                        | 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.                                                                                                                        | EMC      Mortgage Corporation, as Master Servicer                                      |
| 2.                                                                                                                        | LaSalle      Bank National Association, as Trustee and Custodian                       |
| 3.                                                                                                                        | Assurant,      Inc. as servicing function participant                                  |
| 4.                                                                                                                        | FIS      Tax Services, as servicing function participant                               |
| 5.                                                                                                                        | Land      America Tax and Flood Services, Inc., as servicing function      participant |
| (35)      Servicer Compliance Statements:                                                                                 |
| 1.                                                                                                                        | EMC      Mortgage Corporation, as Master Servicer                                      |
| 2.                                                                                                                        | LaSalle      Bank National Association, asTrustee                                      |

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|                | EMC      Mortgage Corporation, as Master Servicer                                       |
|---------------------|-----------------------------------------------------------------------------------------|
|                |                                                                                    |
| March      31, 2008 | /s/ Jenna L. Kemp                                                                       |
|                | Name:      Jenna L. Kemp                                                                |
|                | Title:        Executive 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 Asset      Backed Securities I LLC, as depositor and Bear, Stearns & Co. Inc., as      underwriter and the related Terms Agreement, dated as of February 13,      2007, between the Bear Stearns Asset Backed and Bear Stearns (As      previously filed on Form 8-K filed on March 15,      2007  and  hereby incorporated by reference into this      report on Form 10-K)                              |
| 4.1                 | 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 master servicer, and LaSalle Bank National Association, as      trustee (As previously filed on Form 8-K filed on March 15,      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, by and among EMC      Mortgage Corporation, Master Funding LLC and Bear Stearns Asset Backed      Securities I LLC (As previously filed on Form 8-K filed on March 15,      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, EMC Mortgage Corporation, as MasterServicer                                                                                                                                                                                                                                                                                                                                                                 |
| 33(b)               | Report      on assessment of compliance with servicing criteria for asset-backed      securities, LaSalle Bank National Association, as Trustee and      Custodian                                                                                                                                                                                                                                                                                                                                            |
| 33(c)               | Report      on assessment of compliance with servicing criteria for asset-backed      securities, Assurant,      Inc. as servicing function participant                                                                                                                                                                                                                                                                                                                                                       |
| 33(d)               | Report      on assessment of compliance with servicing criteria for asset-backed      securities, FIS      Tax Services, as servicing function participant                                                                                                                                                                                                                                                                                                                                                    |
| 33(e)               | 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, EMC Mortgage Corporation, as Master      Servicer                                                                                                                                                                                                                                                                                                                                               |
| 34(b)               | Attestation      report on assessment of compliance with servicing criteria for      asset-backed securities, LaSalle Bank National Association, as Trustee and      Custodian                                                                                                                                                                                                                                                                                                                                |
| 34(c)               | Attestation      report on assessment of compliance with servicing criteria for      asset-backed securities, Assurant,      Inc. as servicing function participant                                                                                                                                                                                                                                                                                                                                           |
| 34(d)               | Attestation      report on assessment of compliance with servicing criteria for      asset-backed securities, FIS      Tax Services, as servicing function participant                                                                                                                                                                                                                                                                                                                                        |
| 34(e)               | 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, EMC Mortgage Corporation, as Master      Servicer                                                                                                                                                                                                                                                                                                                                                                                                                         |
| 35(b)               | Servicer      compliance statement, LaSalle Bank National Association, as      Trustee                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 99.1                | Custodial      Agreement, dated as of February 28, 2007, by and among LaSalle Bank      National Association, not individually but solely as trustee and as      custodian, Bear Stearns Asset Backed Securities I LLC, as depositor, EMC      Mortgage Corporation, as a seller and as master servicer and Master      Funding LLC, as a seller (As previously filed on Form 8-K filed on March      15, 2007  and  hereby incorporated by reference into      this report on Form 10-K) |
| 99.2                | Group      I Swap Agreement between ABN AMRO Bank N.V. and LaSalle Bank National      Association, not individually, but solely as trustee on behalf of the      supplemental interest trust (As previously filed on Form 8-K filed on      March 15, 2007  and  hereby incorporated by reference      into this report on Form 10-K)                                                                                                                                                     |
| 99.3                | Group      II Swap Agreement between ABN AMRO Bank N.V. and LaSalle Bank National      Association, not individually, but solely as trustee on behalf of the      supplemental interest trust (As previously filed on Form 8-K filed on      March 15, 2007 and  hereby incorporated by reference into this      report on Form 10-K)                                                                                                                                                               |

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