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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 March 8, 2007      between the Bear Stearns Asset Backed Securities I LLC and Bear Stearns      & Co. Inc. (As previously filed on Form 8-K filed on April 20, 2007      and  hereby incorporated by reference into this report on Form      10-K) |
| 4.1                 | Pooling      and Servicing Agreement, dated as of March 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 April 20,      2007 and hereby incorporated by reference into this report on      Form 10-K)                                                                                   |
| 10.1                | Mortgage      Loan Purchase Agreement, dated as of March 30, 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 April 20, 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 March 30, 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 April 20, 2007      and  hereby incorporated by reference into this report on Form      10-K)  |
| 99.2                | Swap      Agreement between Wachovia Bank, N.A. and LaSalle Bank National      Association, not individually, but solely as supplemental interest trust      trustee on behalf of the supplemental interest trust (As previously filed      on Form 8-K filed on April 20, 2007 and  hereby incorporated by      reference into this report on Form10-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 March 8, 2007      between the Bear Stearns Asset Backed Securities I LLC and Bear Stearns      & Co. Inc. (As previously filed on Form 8-K filed on April 20, 2007      and  hereby incorporated by reference into this report on Form      10-K) |
| 4.1                 | Pooling      and Servicing Agreement, dated as of March 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 April 20,      2007 and hereby incorporated by reference into this report on      Form 10-K)                                                                                   |
| 10.1                | Mortgage      Loan Purchase Agreement, dated as of March 30, 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 April 20, 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 March 30, 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 April 20, 2007      and  hereby incorporated by reference into this report on Form      10-K)  |
| 99.2                | Swap      Agreement between Wachovia Bank, N.A. and LaSalle Bank National      Association, not individually, but solely as supplemental interest trust      trustee on behalf of the supplemental interest trust (As previously filed      on Form 8-K filed on April 20, 2007 and  hereby incorporated by      reference into this report on Form10-K)                                                                                                                               |

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