2011 Crystal Drive  Suite 800 [NCB Logo]Arlington. Virginia 22202 TEL (703) 302-8000 Toll (800) 955-9622  FAX (703) 647-3460 **MANAGEMENT'S ASSERTION ON COMPLIANCE WITH APPLICABLE SERVICING****CRITERIA PURSUANT TO ITEM 1122 OF REGULATION AB**Management of National Consumer Cooperative Bank (the Bank) is responsible for assessing compliance with the servicing criteria set forth in Item 1122(d) of Regulation AB of the Securities and Exchange Commission as of and for the year ended December 31, 2007 (the Reporting Period), relating to the servicing of asset backed securities transactions conducted by the Bank, as identified in Appendix A, during the Reporting Period (the Platform). With respect to applicable servicing criteria 1122(d)(4)(vi) and 1122(d)(4)(vii), there were no activities performed during the Reporting Period with respect to the Platform, because there were no occurrences of events that would require the Bank to perform such activities. Management of the Bank has assessed the effectiveness of the Bank's compliance with the applicable servicing criteria for the Reporting Period. In making this assessment, management used the criteria set forth by the Securities and Exchange Commission in paragraph (d) of item 1122 of Regulation AB, excluding the criteria set forth in Appendix B, which management has determined are not applicable to the servicing activities it performs with respect to the Platform. With respect to servicing criteria 1122(d)(1)(i) and 1122(d)(4)(xi), the Bank has engaged various vendors to perform the activities required by these servicing criteria. Management has determined that these vendors are not considered a "servicer" as defined in Item 1101(j) of Regulation AB, and has elected to take responsibility for assessing compliance with the servicing criteria applicable to each vendor as permitted by Interpretation 17.06 of the SEC Division of Corporation Finance Manual of Publicly Available Telephone Interpretations ("Interpretation 17.06"). As permitted by Interpretation 17.06, management asserts that it has policies and procedures in place designed to provide reasonable assurance that the vendors' activities comply in all material respects with the servicing criteria applicable to each vendor. Management is solely responsible for determining that it meets the SEC requirements to apply Interpretation 17.06 for the vendors and related criteria. Based on such assessment, management believes that, for the Reporting Period the Bank has complied in all material respects with the applicable servicing criteria set forth in Item 1122(d) of Regulation AB of the Securities and Exchange Commission, including servicing criteria 1122(d)(1)(i) and 1122(d)(4)(xi) for which compliance is determined based on Interpretation 17.06 as described above, relating to the serving of the Platform. KPMG LLP, a registered public accounting firm, has issued an attestation report with respect to management's assessment of compliance with the applicable servicing criteria for the Reporting Period. /s/ Kathleen Luzik Kathleen Luzik Managing Director March 3, 2008**Appendix A to Management's Assertion**Fannie Mae MBS Contract X00122-4 Fannie Mae MBS Contract X00122-3 Fannie Mae MBS Contract X000002 Fannie Mae MBS Contract X000117 Fannie Mae MBS Contract X000119 Fannie Mae MBS Contract X000112 Fannie Mae MBS Contract X000122 Fannie Mae WAS REMIC 1998-M6 Fannie Mae MBS Contract X000122-1 Fannie Mae MBS Contract X000122-2 Fannie Mae WAS REMIC 1995-M4 Fannie Mae MBS Contract X000091 Fannie Mae WAS REMIC 1997-M8 Fannie Mae MBS Contract X000097 CSFB Series 1997 C1 CSFB Series 1997 C2 CSFB Series 1997 PS1 CSFB Series 1998 C1 CSFB Series 1998 C2 CSFB Series 1999 C1 CSFB Series 2000 PS4 CSFB Series 2000 C1 (Coop) CSFB Series 1998 PS2 CSFB Series 2000 C1 (Comm) CSFB Series 2001 CKN5 (Coop) CSFB Series 2001 CKN5 (Comm) CSFB Series 2002 CKN2 (Coop) CSFB Series 2002 CKN2 (Comm) CSFB Series 2002 CP3 MSDW Series 2002-IQ3 CSFB Series 2003- CPN1 CSFB Series 2003-C3 MSCI Series 2003-IQ6 CSFB Series 2004 Cl MSCI Series 2004-IQ7 CSFB Series 2004 C4 MSCI Series 2005 IQ9 CSFB Series 2005 C3 CSFB Series 2005 CS MSCI Series 2005 IQ10 CSFB Series 2006 Cl MSCI Series 2006 IQ11 CSFB Series 2006 C4 CSFB Series 2007 C4 MSCI Series 2007 IQ13 MSCI Series 2007 IQ16 **Appendix B to Management's Assertion**Regulation AB Item 1122(d) criteria determined to be not applicable: 1122(d)(1)(iii)  1122(d)(3)(i) 1122(d)(3)(ii) 1122(d)(3)(iii) 1122(d)(3)(iv) 1122(d)(4)(i) 1122(d)(4)(ii) 1122(d)(4)(iii) 1122(d)(4)(xv)