EX-33 (d)
(logo) OCWEN
Certification Regarding Compliance with Applicable Servicing Criteria
1. Ocwen Loan Servicing, LLC ("Ocwen") is responsible for assessing compliance
with the servicing criteria applicable to it under paragraph (d) of Item
1122 of Regulation AB, as of and for the 12-month period ending December
31, 2006 (the "Reporting Period"), as set forth in Appendix A hereto. The
transactions covered by this report include asset-backed securities
transactions for which Ocwen acted as servicer involving residential
mortgage loans other than transactions closing prior to the effective date
of Regulation AB (the "Platform") as set forth in Appendix B hereto;
2. Ocwen has engaged certain vendors (the "Vendors") to perform specific,
limited or scripted activities, and Ocwen elects to take responsibility for
assessing compliance with the servicing criteria or portion of the
servicing criteria applicable to such Vendors' activities as set forth in
Appendix A hereto;
3. Except as set forth in paragraph 4 below, Ocwen used the criteria set forth
in paragraph (d) of Item 1122 of Regulation AB to assess the compliance
with the applicable servicing criteria;
4. The criteria listed in the column titled "Inapplicable Servicing Criteria"
on Appendix A hereto are inapplicable to Ocwen based on the activities it
performs, directly or through its Vendors, with respect to the Platform;
5. Ocwen has complied, in all material respects, with the applicable servicing
criteria as of December 31, 2006 and for the Reporting Period with respect
to the Platform taken as a whole;
6. Ocwen has not identified and is not aware of any material instance of
noncompliance by the Vendors with the applicable servicing criteria as of
December 31, 2006 and for the Reporting Period with respect to the Platform
taken as a whole;
7. Ocwen has not identified any material deficiency in its policies and
procedures to monitor the compliance by the Vendors with the applicable
servicing criteria as of December 31, 2006 and for the Reporting Period
with respect to the Platform taken as a whole; and
8. Crowe Chizek and Company LLC, a registered public accounting firm, has
issued an attestation report on Ocwen's assessment of compliance with the
applicable servicing criteria for the Reporting Period.
March 8, 2007
Ocwen Loan Servicing, LLC
By: /s/ Ronald M. Faris
Name: Ronald M. Faris
Title: President
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APPENDIX A
INAPPLICABLE
APPLICABLE SERVICING
SERVICING CRITERIA SERVICING CRITERIA CRITERIA
Performed Performed by
by subservicer(s) NOT
Vendor(s) or vendor(s) performed by
for which for which Ocwen or by
Performed Ocwen is Ocwen is subservicer(s)
Directly the NOT the or vendor(s)
by Responsible Responsible retained by
Reference Criteria Ocwen Party Party Ocwen
General Servicing Considerations
1122(d)(1)(i) Policies and procedures are instituted to monitor X
any performance or other triggers and events of
default in accordance with the transaction
agreements.
1122(d)(1)(ii) If any material servicing activities are X
outsourced to third 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 X
maintain a back-up servicer for the pool assets
are maintained.
1122(d)(1)(iv) A fidelity bond and errors and omissions policy is X
in effect 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 pool assets are deposited into the X^1 X^1
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 X
an obligor or to an investor are made only by
authorized personnel
1122(d)(2)(iii) Advances of funds or guarantees regarding X
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 X
cash 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 X
federally insured 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.
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INAPPLICABLE
APPLICABLE SERVICING
SERVICING CRITERIA SERVICING CRITERIA CRITERIA
Performed Performed by
by subservicer(s) NOT
Vendor(s) or vendor(s) performed by
for which for which Ocwen or by
Performed Ocwen is Ocwen is subservicer(s)
Directly the NOT the or vendor(s)
by Responsible Responsible retained by
Reference Criteria Ocwen Party Party Ocwen
1122(d)(2)(vi) Unissued checks are safeguarded so as to prevent X^2 X^2
unauthorized access.
1122(d)(2)(vii) Reconciliations are prepared on a monthly basis X
for all 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.
Investor Remittances and Reporting
1122(d)(3)(i) Reports to investors, including those to be filed X^3
with the 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 pool assets serviced by the
Servicer.
1122(d)(3)(ii) Amounts due to investors are allocated and X^3
remitted in 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 X^3
within two 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 X^3
reports agree with cancelled checks, or other form
of payment, on custodial bank statements.
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INAPPLICABLE
APPLICABLE SERVICING
SERVICING CRITERIA SERVICING CRITERIA CRITERIA
Performed Performed by
by subservicer(s) NOT
Vendor(s) or vendor(s) performed by
for which for which Ocwen or by
Performed Ocwen is Ocwen is subservicer(s)
Directly the NOT the or vendor(s)
by Responsible Responsible retained by
Reference Criteria Ocwen Party Party Ocwen
Pool Asset Administration
1122(d)(4)(i) Collateral or security on pool assets is X
maintained as required by the transaction
agreements or related mortgage loan documents.
1122(d)(4)(ii) Pool asset and related documents are safeguarded X
as required by the transaction agreements
1122(d)(4)(iii) Any additions, removals or substitutions to the X
asset pool are made, reviewed and approved in
accordance with any conditions or requirements in
the transaction agreements.
1122(d)(4)(iv) Payments on pool assets, including any payoffs, X^4 X^4
made in accordance with the related pool asset
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 pool
asset documents.
1122(d)(4)(v) The Servicer's records regarding the pool assets X
agree 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 pool assets (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 X
(e.g., forbearance 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 X
maintained during the period a pool asset 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 pool assets including, for example,
phone calls, letters and payment rescheduling
plans in cases where delinquency is deemed
temporary (e.g., illness or unemployment).
1122(d)(4)(ix) Adjustments to interest rates or rates of return X
for pool assets with variable rates are computed
based on the related pool asset documents.
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INAPPLICABLE
APPLICABLE SERVICING
SERVICING CRITERIA SERVICING CRITERIA CRITERIA
Performed Performed by
by subservicer(s) NOT
Vendor(s) or vendor(s) performed by
for which for which Ocwen or by
Performed Ocwen is Ocwen is subservicer(s)
Directly the NOT the or vendor(s)
by Responsible Responsible retained by
Reference Criteria Ocwen Party Party Ocwen
1122(d)(4)(x) Regarding any funds held in trust for an obligor X
(such as escrow accounts): (A) such funds are
analyzed, in accordance with the obligor's pool
asset documents, on at least an annual basis, or
such other period specified in the transaction
agreements; (B) interest on such funds is paid, or
credited, to obligors in accordance with
applicable pool asset documents and state laws;
and (C) such funds are returned to the obligor
within 30 calendar days of full repayment of the
related pool assets, or such other number of days
specified in the transaction agreements.
1122(d)(4)(xi) Payments made on behalf of an obligor (such as X^5 X^5
tax 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 X^6 X^6
any 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^7 X^7
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.
<FN>
1 Both Regulus Group LLC and Ocwen perform aspects of this servicing criteria.
Regulus is responsible for depositing any checks received into the payment
deposit account Ocwen is responsible for other forms of payments, and the
sweeping of funds deposited in the payment deposit account to the appropriate
deal level custodial bank accounts.
2 Assurant, Inc. and Ocwen each issue checks and maintain unissued checks.
Assurant issues checks for the insurance advances, while Ocwen issues all
other checks.
3 Ocwen has determined for purposes of assessing the servicing criteria listed
in Items 1122(d)(3(i)-(iv) that, pursuant to the Securities and Exchange
Commission Telephone Interpretation 11.03, the term "investor" as used in
those Items does not pertain to the entity to which Ocwen provides the
applicable information (i.e. Master Servicer, Trustee, etc.) and includes
certificate and bond holders. Consequently, the information regarding such
items provided herein relates to Ocwen's provision of such information to the
entity who ultimately disseminates such information to the investors.
4 Regulus transmits a daily data file that represents payments received for the
current day to Ocwen. Ocwen then loads the data file received from Regulus in
its servicing system, which then applies the funds in accordance with the
terms of the related transaction agreements.
5 Assurant, Inc. and First American Real Estate Solutions of Texas, L.P.
("First American") transmit daily data files for insurance and taxes,
respectively, which represent payments received for the current day to
Ocwen. Ocwen loads the data files into its servicing system, which records
the disbursements in the system and then sends the applicable funds via mail
or wire.
6 First American identifies late payments and includes them as part of the
daily data transmissions. Ocwen identifies late payments in the data
transmissions and credits to the borrower's applicable account on its
servicing system. Ocwen also maintains control reports to identify any late
payments not identified by First American.
7 First American transmits daily data files that represent disbursements
required to be made by Ocwen. Ocwen loads the stat file into its servicing
system and records the disbursements on the system.
</FN>
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APPENDIX B
Deal Name
ACE Securities Corp. Home Equity Loan Trust, Series 2006-ASAP2
ACE Securities Corp. Home Equity Loan Trust, Series 2006-SL1
ACE Securities Corp. Home Equity Loan Trust, Series 2006-SL2
ACE Securities Corp. Home Equity Loan Trust, Series 2006-ASAP3
ACE Securities Corp. Home Equity Loan Trust, Series 2006-ASAP4
ACE Securities Corp. Home Equity Loan Trust, Series 2006-ASAP5
ACE Securities Corp. Home Equity Loan Trust, Series 2006-ASAP6
ACE Securities Corp. Home Equity Loan Trust, Series 2006-ASL1
ACE Securities Corp. Home Equity Loan Trust, Series 2006-HE1
ACE Securities Corp. Home Equity Loan Trust, Series 2006-HE2
ACE Securities Corp. Home Equity Loan Trust, Series 2006-HE3
ACE Securities Corp. Home Equity Loan Trust, Series 2006-HE4
ACE Securities Corp. Home Equity Loan Trust, Series 2006-SD1
ACE Securities Corp. Home Equity Loan Trust, Series 2006-SD2
ACE Securities Corp. Home Equity Loan Trust, Series 2006-SD3
ACE Securities Corp. Home Equity Loan Trust, Series 2006-SL3
BanCap Asset Securitization Issuance Corporation, Mortgage Loan Asset Backed Certificates, Series 2006-1
Bravo Mortgage Asset Backed Pass-Through Certificates, Series 2006-1
Citigroup Mortgage Loan Trust Inc. Asset-Backed Pass-Through Certificates, Series 2006-HE3
CS Home Equity Mortgage Trust Series 2006-3
CS Home Equity Mortgage Trust Series 2006-4
CS Home Equity Mortgage Trust Series 2006-5
CSFB Home Equity Asset Trust 2006-2
CS Home Equity Mortgage Trust Series 2006-1
CS Home Equity Mortgage Trust Series 2006-2
Credit Suisse Seasoned Loan Trust 2006-1
GSAA Home Equity Trust 2006-S1
GSAMP Trust 2006-NC2
GSAMP Trust 2006-S2
GSAMP Trust 2006-S3
GSAMP Trust 2006-S4
GSAMP Trust 2006-S5
GSAMP Trust 2005-S6
GSAMP Trust 2006-SD2
GSAMP Trust 2006-SD3
GSAMP Trust 2006-SEA1
GSRPM Mortgage Loan Trust 2006-2
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Deal Name
MASTR Asset Backed Securities Trust 2006-AM1
MASTR Asset Backed Securities Trust 2006-AM3
Nomura Asset Acceptance Corporation Series 2006-S1
Nomura Asset Acceptance Corporation Series 2006-S2
Nomura Asset Acceptance Corporation Series 2006-S3
Nomura Asset Acceptance Corporation Series 2006-S4
Nomura Asset Acceptance Corporation Series 2006-S5
Nomura Home Equity Loan, Inc., Series 2006-HE1
Nomura Home Equity Loan, Inc., Series 2006-HE2
Nomura Home Equity Loan, Inc., Series 2006-HE3
Renaissance Home Equity Loan Trust 2006-1
Renaissance Home Equity Loan Trust 2006-2
Renaissance Home Equity Loan Trust 2006-3
Renaissance Home Equity Loan Trust 2006-4
ResMAE Asset Backed Pass-Through Certificates, Series 2006-1
Structured Asset Investment Loan Trust Mortgage Pass-Through Certificates, Series 2006-4
Structured Asset Securities Corporation Mortgage Pass-Through Certificates, Series 2006-S2
Soundview Home Loan Trust 2006-EQ2
Soundview Home Loan Trust 2006-NLC1