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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 April 12, 2007,      between the Bear Stearns Asset Backed Securities I LLC  and Bear      Stearns & Co. Inc. (As previously filed on Form 8-K filed on May 24,      2007 and  hereby incorporated by reference into this report on      Form 10-K) |
| 4.1                 | Pooling      and Servicing Agreement, dated as of April 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 May 24,      2007  and  hereby incorporated by reference into this      report on Form 10-K)                                                                                    |
| 4.1                 | Amendment      Number One to the Pooling and Servicing Agreement, dated as of April 1,      2007, among Bear Stearns Asset Backed Securities I LLC, as depositor, EMC      Mortgage Corporation, as a seller and as master servicer and LaSalle Bank      National Association, as trustee (As previously filed on Form 8-K filed on      July 19, 2007 and  hereby incorporated by reference into this      report on Form 10-K)                                                                 |
| 10.1                | Mortgage      Loan Purchase Agreement, dated as of April 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 May 24, 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, Ocwen Loan Servicing, LLC as servicing function      participant                                                                                                                                                                                                                                                                                                                                          |
| 33(d)               | Report      on assessment of compliance with servicing criteria for asset-backed      securities, Assurant Inc., as servicing function participant                                                                                                                                                                                                                                                                                                                                                          |
| 33(e)               | Report      on assessment of compliance with servicing criteria for asset-backed      securities, First American Real Estate Solutions of Texas, L.P., as      servicing function participant                                                                                                                                                                                                                                                                                                               |
| 33(f)               | Report      on assessment of compliance with servicing criteria for asset-backed      securities, Regulus Group LLC, as servicing function  participant                                                                                                                                                                                                                                                                                                                                                     |
| 33(g)               | Report      on assessment of compliance with servicing criteria for asset-backed      securities, FIS      Tax Services, as servicing function participant                                                                                                                                                                                                                                                                                                                                                  |
| 33(h)               | Report      on assessment of compliance with servicing criteria for asset-backed      securities, Land      America Tax and Flood Services, Inc., as servicing function      participant                                                                                                                                                                                                                                                                                                                    |
| 34(a)               | Attestation      report on assessment of compliance with servicing criteria for      asset-backed securities, 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, Ocwen Loan Servicing, LLC as servicing function      participant                                                                                                                                                                                                                                                                                                                              |
| 34(d)               | Attestation      report on assessment of compliance with servicing criteria for      asset-backed securities, Assurant Inc., as servicing function      participant                                                                                                                                                                                                                                                                                                                                         |
| 34(e)               | Attestation      report on assessment of compliance with servicing criteria for      asset-backed securities, First American Real Estate Solutions of Texas,      L.P., as servicing function participant                                                                                                                                                                                                                                                                                                   |
| 34(f)               | Attestation      report on assessment of compliance with servicing criteria for      asset-backed securities, Regulus Group LLC, as servicing function      participant                                                                                                                                                                                                                                                                                                                                     |
| 34(g)               | Attestation      report on assessment of compliance with servicing criteria for      asset-backed securities, FIS Tax Services, as servicing function      participant                                                                                                                                                                                                                                                                                                                                      |
| 34(h)               | Attestation      report on assessment of compliance with servicing criteria for      asset-backed securities, Land      America Tax and Flood Services, Inc., as servicing function      participant                                                                                                                                                                                                                                                                                                        |
| 35(a)               | Servicer      compliance statement, EMC Mortgage Corporation, as Master      Servicer                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 35(b)               | Servicer      compliance statement, LaSalle Bank National Association, as      Trustee                                                                                                                                                                                                                                                                                                                                                                                                                      |
| 35(c)               | Servicer      compliance statement, Ocwen Loan Servicing, LLC as servicing function      participant                                                                                                                                                                                                                                                                                                                                                                                                        |
| 35(d)               | Servicer      compliance statement, First American Real Estate Solutions of Texas, L.P.,      as servicing function participant                                                                                                                                                                                                                                                                                                                                                                             |
| 35(e)               | Servicer      compliance statement, Regulus Group LLC, as servicing function      participant                                                                                                                                                                                                                                                                                                                                                                                                               |
| 99.1                | Amended      and Restated Guaranty Agreement of JPMorgan Chase & Co. effective as      of March 16, 2008                                                                                                                                                                                                                                                                                                                                                                                                |
| 99.2                | Custodial      Agreement dated as of April 30, 2007, by and among LaSalle Bank National      Association 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 May 24, 2007 and  hereby incorporated      by reference into this report on Form 10-K)                                                  |
| 99.3                | Swap      Agreement between Bear Stearns Financial Products Inc. and LaSalle Bank      National Association, not in its individual capacity, but solely as      Supplemental Interest Trust Trustee on behalf of the Supplemental Interest      (As previously filed on Form 8-K filed on May 24, 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.                                                                                                                        | Ocwen Loan Servicing, LLC as servicing function      participant |   |
| 4.                                                                                                                        | Assurant      Inc., as servicing function participant |   |
| 5.                                                                                                                        | First      American Real Estate Solutions of Texas, L.P., as servicing function      participant |   |
| 6.                                                                                                                        | Regulus Group      LLC, as servicing function participant |   |
| 6.                                                                                                                        | FIS Tax      Services, as servicing function participant |   |
| 6.                                                                                                                        | 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.                                                                                                                        | Ocwen Loan Servicing, LLC as servicing function      participant |
| 4.                                                                                                                        | Assurant      Inc., as servicing function participant |
| 5.                                                                                                                        | First      American Real Estate Solutions of Texas, L.P., as servicing function      participant |
| 6.                                                                                                                        | Regulus Group      LLC, as servicing function participant |
| 6.                                                                                                                        | FIS Tax      Services, as servicing function participant |
| 6.                                                                                                                        | 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, as Trustee |
| 3.                                                                                                                        | Ocwen      Loan Servicing, LLC as servicing function participant |
| 4.                                                                                                                        | First      American Real Estate Solutions of Texas, L.P., as servicing function      participant |
| 5.                                                                                                                        | Regulus      Group LLC, as servicing function participant |
| (99)      Other Exhibits                                                                                                  |
| 1.                                                                                                                        | Amended      and Restated Guaranty Agreement of JPMorgan Chase & Co. effective as      of March 16, 2008 |

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|                      | 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 April 12, 2007,      between the Bear Stearns Asset Backed Securities I LLC  and Bear      Stearns & Co. Inc. (As previously filed on Form 8-K filed on May 24,      2007 and  hereby incorporated by reference into this report on      Form 10-K) |
| 4.1                 | Pooling      and Servicing Agreement, dated as of April 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 May 24,      2007  and  hereby incorporated by reference into this      report on Form 10-K)                                                                                    |
| 4.1                 | Amendment      Number One to the Pooling and Servicing Agreement, dated as of April 1,      2007, among Bear Stearns Asset Backed Securities I LLC, as depositor, EMC      Mortgage Corporation, as a seller and as master servicer and LaSalle Bank      National Association, as trustee (As previously filed on Form 8-K filed on      July 19, 2007 and  hereby incorporated by reference into this      report on Form 10-K)                                                                 |
| 10.1                | Mortgage      Loan Purchase Agreement, dated as of April 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 May 24, 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, Ocwen Loan Servicing, LLC as servicing function      participant                                                                                                                                                                                                                                                                                                                                          |
| 33(d)               | Report      on assessment of compliance with servicing criteria for asset-backed      securities, Assurant Inc., as servicing function participant                                                                                                                                                                                                                                                                                                                                                          |
| 33(e)               | Report      on assessment of compliance with servicing criteria for asset-backed      securities, First American Real Estate Solutions of Texas, L.P., as      servicing function participant                                                                                                                                                                                                                                                                                                               |
| 33(f)               | Report      on assessment of compliance with servicing criteria for asset-backed      securities, Regulus Group LLC, as servicing function  participant                                                                                                                                                                                                                                                                                                                                                     |
| 33(g)               | Report      on assessment of compliance with servicing criteria for asset-backed      securities, FIS      Tax Services, as servicing function participant                                                                                                                                                                                                                                                                                                                                                  |
| 33(h)               | Report      on assessment of compliance with servicing criteria for asset-backed      securities, Land      America Tax and Flood Services, Inc., as servicing function      participant                                                                                                                                                                                                                                                                                                                    |
| 34(a)               | Attestation      report on assessment of compliance with servicing criteria for      asset-backed securities, 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, Ocwen Loan Servicing, LLC as servicing function      participant                                                                                                                                                                                                                                                                                                                              |
| 34(d)               | Attestation      report on assessment of compliance with servicing criteria for      asset-backed securities, Assurant Inc., as servicing function      participant                                                                                                                                                                                                                                                                                                                                         |
| 34(e)               | Attestation      report on assessment of compliance with servicing criteria for      asset-backed securities, First American Real Estate Solutions of Texas,      L.P., as servicing function participant                                                                                                                                                                                                                                                                                                   |
| 34(f)               | Attestation      report on assessment of compliance with servicing criteria for      asset-backed securities, Regulus Group LLC, as servicing function      participant                                                                                                                                                                                                                                                                                                                                     |
| 34(g)               | Attestation      report on assessment of compliance with servicing criteria for      asset-backed securities, FIS Tax Services, as servicing function      participant                                                                                                                                                                                                                                                                                                                                      |
| 34(h)               | Attestation      report on assessment of compliance with servicing criteria for      asset-backed securities, Land      America Tax and Flood Services, Inc., as servicing function      participant                                                                                                                                                                                                                                                                                                        |
| 35(a)               | Servicer      compliance statement, EMC Mortgage Corporation, as Master      Servicer                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 35(b)               | Servicer      compliance statement, LaSalle Bank National Association, as      Trustee                                                                                                                                                                                                                                                                                                                                                                                                                      |
| 35(c)               | Servicer      compliance statement, Ocwen Loan Servicing, LLC as servicing function      participant                                                                                                                                                                                                                                                                                                                                                                                                        |
| 35(d)               | Servicer      compliance statement, First American Real Estate Solutions of Texas, L.P.,      as servicing function participant                                                                                                                                                                                                                                                                                                                                                                             |
| 35(e)               | Servicer      compliance statement, Regulus Group LLC, as servicing function      participant                                                                                                                                                                                                                                                                                                                                                                                                               |
| 99.1                | Amended      and Restated Guaranty Agreement of JPMorgan Chase & Co. effective as      of March 16, 2008                                                                                                                                                                                                                                                                                                                                                                                                |
| 99.2                | Custodial      Agreement dated as of April 30, 2007, by and among LaSalle Bank National      Association 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 May 24, 2007 and  hereby incorporated      by reference into this report on Form 10-K)                                                  |
| 99.3                | Swap      Agreement between Bear Stearns Financial Products Inc. and LaSalle Bank      National Association, not in its individual capacity, but solely as      Supplemental Interest Trust Trustee on behalf of the Supplemental Interest      (As previously filed on Form 8-K filed on May 24, 2007      and  hereby incorporated by reference into this report on Form      10-K)                                                                                                             |

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