EX-35.1
(logo) AVELO MORTGAGE
Annual Compliance Statement
Re: The Flow Servicing Agreement dated as of January 1, 2006 (the "Agreement"),
among Xxxxxxx Xxxxx Mortgage Company and Avelo Mortgage, LLC and GSAA Home
Equity Trust 2007-4.
1. A review has been completed of Avelo Mortgage, LLC's ("Avelo") servicing
activities and its performance under the servicing agreement during the period
from January 1, 2007 through December 31, 2007. This review was completed under
my supervision.
2. To the best of my knowledge, based on such review, Avelo has fulfilled all of
its obligations under the agreement in all material respects, except as
described in the item below:
Xxxxx acknowledges that for a period in 2007, bank accounts were not reconciled
in strict compliance with Reg. AB. To address this issue, Xxxxx added additional
staff to ensure timely reconciliations and compliance with Reg AB. As of the
date of the audit, all bank account reconciliations were current. No issues were
found or arose from the delay in reconciling the bank accounts.
Xxxxx also acknowledges that for a period in 2007, escrow funds were not
returned to the obligor within 30 calendar days of full repayment in compliance
with Reg. AB due to a system issue. A system enhancement erroneously affected
the refund check process. Once the issue was identified, the system was
corrected.
As of December 31, 2007, escrow fund refunds were returned to the obligor within
30 calendar days of full repayment, and no issues were found or arose from the
delay in returning the funds to the account holders.
I certify this information to be true and correct to the best of my ability.
/s/ Xxxxx X. Xxxxxxxxx
Name: Xxxxx X. Xxxxxxxxx
Title: Vice President and CFO
Date: March 10, 2008
Avelo Mortgage, LLC 000 X. Xxxx Xxxxxxxxx Xxx Xxxxxx, Xxxxx 00000
