UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 15
CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION
12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE
REPORTS UNDER SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.
Commission File Number of Issuing Entity: 333-130524-06
C-BASS 2007-CB5 Trust
(Exact name of issuing entity as specified in its charter)
Commission File Number of Depositor: 333-130524
Asset Backed Funding Corporation
(Exact name of depositor as specified in its charter)
Credit-Based Asset Servicing and Securitization LLC
(Exact name of sponsor as specified in its charter)
214 North Tryon Street, Charlotte, North Carolina 28255, (704) 386-2400
(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)
A-1, A-2, A-3, M-1, M-2, M-3, M-4, M-5, M-6, M-7, M-8 and M-9
(Title of each class of securities covered by this Form)
None
(Titles of all other classes of securities for which a duty to file reports under section 13(a) or 15(d) remains)
Please place an X in the box(es) to designate the appropriate rule provision(s) relied upon to terminate or suspend the duty to file reports:
| | Rule 12g-4(a)(1)(i) o | Rule 12h-3(b)(1)(i) o | |
| | Rule 12g-4(a)(1)(ii) o | Rule 12h-3(b)(1)(ii) o | |
| | Rule 12g-4(a)(2)(i) o | Rule 12h-3(b)(2)(i) o | |
| | Rule 12g-4(a)(2)(ii) o | Rule 12h-3(b)(2)(ii) o | |
| | | Rule 15d-6 x | |
;
Approximate number of holders of record as of the certification or notice date: 25
Pursuant to the requirements of the Securities Exchange Act of 1934, C-BASS 2007-CB5 Trust, has caused this certification/notice to be signed on its behalf by the undersigned duly authorized person.
| | | Asset Backed Funding Corporation |
| | | as Depositor | |
Date: January 24, 2008 | | /s/ Chris Schiavone | |
| | | Name: Chris Schiavone | |
| | | Title: Principal | |
