EX-33 (a)
(logo) ABN*AMRO
Management Assessment of Compliance with Applicable Servicing Criteria
Re: The Master Mortgage Loan Sale and Servicing agreement dated as of February
1, 2006 (the "Agreement"), among ABN AMRO Mortgage Group, Inc. and New York
Mortgage Company, LLC.
I, Xxxxxxxxx X. Xxxx, First Vice President, Loan Administration, of ABN AMRO
Mortgage Group, Inc., certify as follows:
1. ABN AMRO Mortgage Group, Inc. (the "Servicer") is responsible for assessing
compliance with the servicing criteria applicable to it under paragraph (d)
of Item 1122 of Regulation AB, as set forth in Exhibit A hereto, in
connection with the servicing of individual residential mortgage-backed
transactions subsequent to January 1, 2006, where the Servicer has been
appointed servicer and where the pool assets for such transactions are
serviced by the Servicer on its Fidelity loan servicing system (the
"Platform") as of and for the year ended December 31, 2006;
2. The Servicer has engaged certain vendors (the "Vendors") to perform
specific, limited or scripted activities as of and for the year ended
December 31, 2006. As set forth in Exhibit A hereto, the Servicer's
management has determined that these Vendors are not considered a
"servicer" as defined in Item 1101(j) of Regulation AB, and the Servicer's
management 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 has asserted 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. The Servicer's management is
solely responsible for determining that it meets the SEC requirements to
apply Interpretation 17.06 for the Vendors and related criteria;
3. Except as set forth in paragraph 4 below, the Servicer used the criteria
set forth in paragraph (d) of Item 1122 of Regulation AB to assess the
compliance with the applicable servicing criteria as of and for the year
ended December 31, 2006;
4. The criteria listed as Inapplicable Servicing Criteria on Exhibit A hereto
are inapplicable to the Servicer based on the activities it performs with
respect to individual residential mortgage-backed transactions involving
the Platform;
5. For purposes of this certification, the following terms used in Exhibit A
hereto shall have the following meanings:
(i) Regarding 1122(d)(2)(iii), "related accounts" means one or more
custodial accounts maintained pursuant to the agreement or agreements
to which Servicer is a party; and "transaction agreements" means the
agreement or agreements to which Servicer is a party.
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(ii) Regarding 1122(d)(3)(i) through (iv), "Reports to investors";
"investor reports" and "reports" each mean, where used, reports
Servicer delivers to Purchaser or its agent, such as a master
servicer; "investor" and "investors" each mean, where used, Purchaser
or Purchaser's agent, such as a master servicer; and "transaction
agreements" means, where used, agreements to which Servicer is a
party.
(iii) Regarding 1122(d)(3)(i) (C) and (D), Servicer has no knowledge of,
and is not responsible for, Commission filings, or books and records
of others, such as trustees, investors or master servicers.
6. The Servicer has complied, in all material respects, with the applicable
servicing criteria as of and for the year ended December 31, 2006;
7. The Servicer has not identified and is not aware of any material instance
of noncompliance by the Vendors with the applicable servicing criteria as
of and for the year ended December 31, 2006;
8. The Servicer has not identified any material deficiency in its policies and
procedures to monitor the compliance by the Vendors with the applicable
servicing criteria for the year ended December 31, 2006; and
9. Ernst & Young LLP, a registered public accounting firm has issued an
attestation report on the Servicer's assessment of compliance with the
applicable servicing criteria as of and for the year ended December 31,
2006.
February 27, 2007
By: /s/ Xxxxxxxxx X. Xxxx
Name: Xxxxxxxxx X. Xxxx
Title: First Vice President, Loan Administration
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EXHIBIT A
INAPPLICABLE
APPLICABLE SERVICING
SERVICING CRITERIA SERVICING CRITERIA CRITERIA
Performed by
Performed Vendor(s) for
Directly which Servicer
by is Responsible
Reference Criteria Servicer Party
General Servicing Considerations
1122(d)(1)(i) Policies and procedures are instituted to monitor any X
performance or other triggers and events of default in
accordance with the transaction agreements.
1122(d)(1)(ii) If any material servicing activities are outsourced to third X
parties, policies and procedures are instituted to monitor
the third party's performance and compliance with such
servicing activities.
1122(d)(1)(iii) Any requirements in the transaction agreements to maintain a X
back-up servicer for the mortgage loans are maintained.
1122(d)(1)(iv) A fidelity bond and errors and omissions policy is in effect X
on the party participating in the servicing function
throughout the reporting period in the amount of coverage
required by and otherwise in accordance with the terms of
the transaction agreements.
Cash Collection and Administration
1122(d)(2)(i) Payments on mortgage loans are deposited into the X^i X^ii
appropriate custodial bank accounts and related bank
clearing accounts no more than two business days following
receipt, or such other number of days specified in the
transaction agreements.
1122(d)(2)(ii) Disbursements made via wire transfer on behalf of an obligor X^iii
or to an investor are made only by authorized personnel.
1122(d)(2)(iii) Advances of funds or guarantees regarding collections, cash
flows or distributions, and any interest or other fees
charged for such advances, are made, reviewed and approved
as specified in the transaction agreements.
1122(d)(2)(iv) The related accounts for the transaction, such as cash X
reserve accounts or accounts established as a form of
overcollateralization, are separately maintained (e.g., with
respect to commingling of cash) as set forth in the
transaction agreements.
1122(d)(2)(v) Each custodial account is maintained at a federally insured X
depository institution as set forth in the transaction
agreements. For purposes of this criterion, "federally
insured depository institution" with respect to a foreign
financial institution means a foreign financial institution
that meets the requirements of Rule 13k-1(b)(1)
of the Securities Exchange Act.
1122(d)(2)(vi) Unissued checks are safeguarded so as to prevent X
unauthorized access.
1122(d)(2)(vii) Reconciliations are prepared on a monthly basis for all X
asset-backed securities related bank accounts,
including custodial accounts and related bank clearing
accounts. These reconciliations are (A) mathematically
accurate; (B) prepared within 30 calendar days after the
bank statement cutoff date, or such other number of days
specified in the transaction agreements; (C) reviewed and
approved by someone other than the person who prepared the
reconciliation; and (D) contain explanations for reconciling
items. These reconciling items are resolved within 90
calendar days of their original identification, or such
other number of days specified in the transaction
agreements.
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Investor Remittances and Reporting
1122(d)(3)(i) Reports to investors, including those to be filed with the X
Commission, are maintained in accordance with the
transaction agreements and applicable Commission
requirements. Specifically, such reports (A) are prepared in
accordance with timeframes and other terms set forth in the
transaction agreements; (B) provide information calculated
in accordance with the terms specified in the transaction
agreements; (C) are filed with the Commission as required by
its rules and regulations; and (D) agree with investors' or
the trustee's records as to the total unpaid principal
balance and number of mortgage loans serviced by the
Servicer.
1122(d)(3)(ii) Amounts due to investors are allocated and remitted in X
accordance with timeframes, distribution priority and other
terms set forth in the transaction agreements.
1122(d)(3)(iii) Disbursements made to an investor are posted within two X
business days to the Servicer's investor records, or such
other number of days specified in the transaction
agreements.
1122(d)(3)(iv) Amounts remitted to investors per the investor reports agree X
with cancelled checks, or other form of payment, or
custodial bank statements.
Pool Asset Administration
1122(d)(4)(i) Collateral or security on mortgage loans is maintained as X
required by the transaction agreements or related mortgage
loan documents.
1122(d)(4)(ii) Mortgage loan and related documents are safeguarded as X
required by the transaction agreements
1122(d)(4)(iii) Any additions, removals or substitutions to the asset pool X
are made, reviewed and approved in accordance with any
conditions or requirements in the transaction agreements.
1122(d)(4)(iv) Payments on mortgage loans, including any payoffs, made in X^iv X^v
accordance with the related mortgage loan documents are
posted to the Servicer's obligor records maintained no more
than two business days after receipt, or such other number
of days specified in the transaction agreements, and
allocated to principal, interest or other items
(e.g., escrow) in accordance with the related mortgage loan
documents.
1122(d)(4)(v) The Servicer's records regarding the mortgage loans agree X
with the Servicer's records with respect to an obligor's
unpaid principal balance.
1122(d)(4}(vi) Changes with respect to the terms or status of an X
obligor's mortgage loans (e.g., loan modifications or
re-agings) are made, reviewed and approved by authorized
personnel in accordance with the transaction agreements and
related pool asset documents.
1122(d)(4)(vii) Loss mitigation or recovery actions (e.g., forbearance X
plans, modifications and deeds in lieu of
foreclosure, foreclosures and repossessions, as applicable)
are initiated, conducted and concluded in accordance with
the timeframes or other requirements established by the
transaction agreements.
1122(d)(4)(viii) Records documenting collection efforts are maintained during X
the period a mortgage loan is delinquent
in accordance with the transaction agreements. Such records
are maintained on at least a monthly basis, or such other
period specified in the transaction agreements, and describe
the entity's activities in monitoring delinquent mortgage
loans including, for example, phone calls, letters and
payment rescheduling plans in cases where delinquency is
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deemed temporary (e.g., illness or unemployment).
1122(d)(4)(ix) Adjustments to interest rates or rates of return X
for mortgage loons with variable rates are computed based on
the related mortgage loan documents.
1122(d)(4)(x) Regarding any funds held in trust for an obligor X^vi
(such as escrow accounts): (A) such funds are analyzed, in
accordance with the obligor's mortgage loan documents, on at
least an annual basis, or such other period specified in the
transaction agreements; (B) interest an such funds is paid,
or credited, to obligors in accordance with applicable
mortgage loan documents and state laws; and (C) such funds
are returned to the obligor within 30 calendar days of full
repayment of the related mortgage loans, or such other
number of days specified in the transaction agreements.
1122(d)(4)(xi) Payments made on behalf of an obligor (such as tax X^vii
or insurance payments) are made on or before the related
penalty or expiration dates, as indicated on the appropriate
bills or notices for such payments, provided that such
support has been received by the servicer at least 30
calendar days prior to these dates, or such other number of
days specified in the transaction agreements.
1122(d)(4)(xii) Any late payment penalties in connection with any X^viii
payment to be made on behalf of an obligor are paid from the
Servicer's funds and not charged to the obligor, unless the
late payment was due to the obligor's error or omission.
1122(d)(4)(xiii) Disbursements made on behalf of an obligor are X^ix X^x
posted within two business days to the obligor's records
maintained by the Servicer, or such other number of days
specified in the transaction agreements.
1122(d)(4)(xiv) Delinquencies, charge-offs and uncollectible X
accounts are recognized and recorded in accordance with the
transaction agreements.
1122(d)(4)(xv) Any external enhancement or other support, X
identified in Item 1114(a)(1) through (3) or Item 1115 of
Regulation AB, is maintained as set forth in the transaction
agreements.
(logo) ABN AMRO
Footnotes to Exhibit A Servicing Criteria
i The servicer performs all of the criterion 1122(d)(2)(i) except for the
lockbox function, which is a specific, limited activity.
ii The vendor performs only the lockbox function for criterion 1122(d)(2)(i).
iii The servicer under criterion 1122(d)(2)(ii) makes authorized disbursements
on behalf of an obligor for escrowed amounts and to investors and/or the paying
agent for their disbursement to investors. The paying agent (another party
participating in the servicing function for which the servicer is not the
responsible party) makes authorized disbursements to investors.
iv The servicer performs all of the criterion 1122(d)(4)(iv) except for the
lockbox function, which is a specific, limited activity.
v The vendor performs only the lockbox function for criterion 1122(d)(4)(iv).
vi The servicer performs all of the functions under criterion 1122(d)(4)(x)
except for specific, limited tax and insurance monitoring activity performed by
vendors.
vii The servicer performs all of the functions under criterion 1122(d)(4)(xi)
except for specific, limited tax and insurance monitoring activity performed by
vendors.
viii The servicer performs all of the functions under criterion 1122(d)(4)(xii)
except for specific, limited tax and insurance monitoring activity performed by
vendors.
ix The servicer performs all of the functions under criterion 1122(d)(4)(xiii)
except for specific, limited tax and insurance monitoring activity performed by
vendors.
X The vendors perform specific, limited tax and insurance monitoring functions
for criterion 1122(d)(4)(xiii).
