424B5 1 v109104_424b5.htm
 
As filed pursuant to Rule 424(b)(5)
Under the Securities Act of 1933
Registration No. 333-140962
SUPPLEMENT TO
PROSPECTUS SUPPLEMENT DATED JULY 27, 2007
(TO PROSPECTUS DATED JULY 27, 2007)

 
CWALT, INC.
Depositor
 
 
Sponsor and Seller
 
Countrywide Home Loans Servicing LP
Master Servicer
 
Alternative Loan Trust 2007-OH3
Issuing Entity
 
Mortgage Pass-Through Certificates, Series 2007-OH3
 
This Supplement modifies certain information contained in the Prospectus Supplement, dated July 27, 2007 and the Supplement to the Prospectus Supplement, dated July 28, 2007 (collectively, the “Prospectus Supplement”) relating to the Mortgage Pass-Through Certificates, Series 2007-OH3.
 
This Supplement modifies the information contained in the following sections of the Prospectus Supplement:
 
 
·
the “Risk Factors” section beginning on page S-17 of the Prospectus Supplement;
 
 
·
the “Servicing of Mortgage Loans—Countrywide Home Loans” section beginning on page S-48 of the Prospectus Supplement;
 
 
·
the “Servicing of Mortgage Loans—Mortgage Loan Production” section beginning on page S-49 of the Prospectus Supplement;
 
 
·
the “Static Pool Data” section on page S-53 of the Prospectus Supplement;
 
 
·
the “Certificate Swap Contract” section beginning on page S-76 of the Prospectus Supplement; and
 
 
·
Annex A of the Prospectus Supplement, which contained information regarding the mortgage loans as of the cut-off date.
 
In addition, the Certificateholder Monthly Distribution Summaries for the distribution dates occurring in August 2007 through March 2008 are attached hereto as Annex B and provide information regarding the distributions made to the certificates on the distribution dates occurring in August 2007 through March 2008, updated information regarding the mortgage loans and certain other information.
 
Countrywide Securities Corporation
 
The date of this Supplement is March 28, 2008.
 

 



Risk Factors
 
The section of the Prospectus Supplement titled “Risk Factors” beginning on page S-17 of the Prospectus Supplement is modified by replacing the last two risk factors at the end of that section with the following:
 
Mortgage Loans With Larger Principal Balances May Have A Disproportionate Effect On Your Certificates
 
The table in Annex A entitled “Current Principal Balances” specifies the percentage of the mortgage loans, by aggregate stated principal balance of the mortgage loans as of March 1, 2008, that have principal balances in each of the ranges specified in those tables. The prepayment, delinquency, default and loss experience of mortgage loans with large principal balances may have a greater effect on the performance of the certificates than other mortgage loans. Significant realized losses on one or more mortgage loans with large principal balances will result in a substantial reduction in (or elimination of) the amount of overcollateralization and/or a substantial reduction or total write-down of the class certificate balance of one or more classes of subordinated certificates.
 
Withdrawal Or Downgrading Of Initial Ratings Is Likely To Affect The Values Of The Certificates
 
The rating by each of the rating agencies of the certificates is not a recommendation to purchase, hold or sell the certificates since that rating does not address the market price or suitability for a particular investor. The rating agencies may reduce or withdraw the ratings on the certificates at any time they deem appropriate, and they have done so recently with respect to large numbers of prior securitizations, including those of the sponsor. In general, the ratings address credit risk and do not address the likelihood of prepayments.
 
The ratings on the certificates will depend primarily on an assessment by the rating agencies of the mortgage loans. A reduction or withdrawal of the ratings assigned to the certificates is likely to reduce the market value of the certificates and may affect your ability to sell them.
 
Recent Developments In The Residential Mortgage Market And The Economy May Adversely Affect The Performance And Market Value Of Your Securities
 
Recently, the residential mortgage market in the United States has experienced a variety of difficulties and worsening economic conditions that may adversely affect the performance and market value of your securities.  Delinquencies and losses with respect to residential mortgage loans generally have increased in recent months and may continue to increase. These increases in delinquencies and losses have generally been more severe with respect to subprime mortgage loans and second-lien mortgage loans.  In addition, in recent months housing prices and appraisal values in many states have declined or stopped appreciating, after extended periods of significant appreciation, and housing values are expected to remain stagnant or decrease during the near term.  A continued decline or an extended flattening of housing values may result in additional increases in delinquencies and losses on residential mortgage loans generally. The loan-to-value ratio information provided in this prospectus supplement with respect to each mortgage loan is based on the value assigned to the related mortgaged property during the origination of that mortgage loan, and any decline in the value of that mortgaged property after the origination of the mortgage loan will result in a higher loan-to-value ratio with respect to that mortgage loan.
 
 
 
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    Another factor that may result in higher delinquency rates and losses in the future is the increase in monthly payments on adjustable rate mortgage loans.  Borrowers with adjustable rate mortgage loans are being exposed to increased monthly payments when the related mortgage interest rate adjusts upward from the initial fixed rate or a low introductory rate, as applicable, to the rate computed in accordance with the applicable index and margin.  This increase in borrowers’ monthly payments, together with any increase in prevailing market interest rates, may result in significantly increased monthly payments for borrowers with adjustable rate mortgage loans.
 
Borrowers seeking to avoid these increased monthly payments by refinancing their mortgage loans may no longer be able to find available replacement loans at comparably low interest rates.  A decline in housing prices may also leave borrowers with insufficient equity in their homes to permit them to refinance, and in addition, many mortgage loans have prepayment premiums that inhibit refinancing.  Furthermore, borrowers who intend to sell their homes on or before the expiration of the fixed rate periods on their mortgage loans may find that they cannot sell their properties for an amount equal to or greater than the unpaid principal balance of their loans.  These events, alone or in combination, may contribute to higher delinquency rates and losses.
 
Investors should note that delinquencies and losses generally have been increasing with respect to securitizations sponsored by Countrywide Home Loans, Inc. and may continue to increase as a result of the weakening housing market and the seasoning of the securitized pools. These increases in delinquencies and losses (as adjusted for age) are most pronounced for recent vintages and are especially pronounced for those securitized pools that include loans with higher risk characteristics, including reduced documentation, higher loan-to-value ratios or lower credit scores. See “Static Pool Data” in this prospectus supplement and the Internet website referenced in that section for delinquency and loss information regarding certain prior securitized pools of Countrywide Home Loans, Inc.
 
In addition, numerous residential mortgage loan originators have recently experienced serious financial difficulties and, in some cases, bankruptcy. These difficulties may affect the market value of your securities.
 
Mortgage lenders, including Countrywide Home Loans, Inc., recently have adjusted their loan programs and underwriting standards, which has reduced the availability of mortgage credit to prospective borrowers. These developments have contributed, and may continue to contribute, to a weakening in the housing market as these adjustments have, among other things, inhibited refinancing and reduced the number of potential homebuyers. The continued use or further adjustment of these loan programs and underwriting standards may contribute to additional increases in delinquencies and losses on residential mortgage loans generally. The tighter underwriting guidelines for residential mortgage loans, together with lower levels of home sales and reduced refinance activity, also may have contributed to a reduction in the
 
 
 
3

 
    prepayment rate for mortgage loans generally and this may continue. See “Risk Factors - Your Yield Will Be Affected By Prepayments” in this prospectus supplement for a discussion as to how slower prepayment rates could affect the yield on your certificates.
 
The federal government, state governments, consumer advocacy groups and others continue to urge servicers to be aggressive in modifying mortgage loans to avoid foreclosure. In addition, numerous laws, regulations and rules related to mortgage loans generally, and foreclosure actions particularly, have been proposed recently by federal, state and local governmental authorities. If enacted, these laws, regulations and rules may result in delays in the foreclosure process, reduced payments by borrowers, modification of the original terms of the mortgage loans, permanent forgiveness of debt, increased prepayments due to the availability of government-sponsored refinancing initiatives and/or increased reimbursable servicing expenses, which are likely to result in delays and reductions in the distributions to be made to certificateholders. Several courts also have taken unprecedented steps to slow the foreclosure process or prevent foreclosure altogether. Certificateholders will bear the risk that future regulatory and legal developments will result in losses on their certificates, whether due to delayed or reduced distributions or reduced market value.
     
Lack Of Liquidity In The Secondary Market May Adversely Affect The Market Value Of Your Securities
 
The secondary mortgage markets are currently experiencing unprecedented disruptions resulting from, among other things, reduced investor demand for mortgage loans and mortgage-backed securities, increased investor yield requirements for those loans and securities, downgrades of the ratings of mortgage-backed securities and monoline insurers by the rating agencies and liquidations of investment portfolios, collateralized debt obligations (CDOs) and structured investment vehicles (SIVs) that contain mortgage-backed securities. As a result, the secondary market for mortgage-backed securities is experiencing extremely limited liquidity. These conditions may continue or worsen in the future.
 
Limited liquidity in the secondary market for mortgage-backed securities has had a severe adverse effect on the market value of mortgage-backed securities, especially those that are backed by subprime or second-lien mortgage loans. Limited liquidity in the secondary market may continue to have a severe adverse effect on the market value of mortgage-backed securities, especially those that are backed by subprime or second-lien mortgage loans, those securities that are more sensitive to prepayment, credit or interest rate risk and those securities that have been structured to meet the investment requirements of limited categories of investors.
 
See “Risk Factors—Secondary Market For The Securities May Not Exist” in the prospectus.
 
The federal government has taken a variety of actions to improve the liquidity of the secondary market for mortgage-backed securities. If those actions are discontinued, the secondary market for mortgage-backed securities could become more illiquid which
 
4

 
    would have an adverse impact on the market value of mortgage-backed securities generally.
 
If only a portion of the certificates have been sold to the public, the market for the certificates could be illiquid because of the small amount of certificates held by the public. In addition, the market overhang created by the existence of certificates that the market is aware may be sold to the public in the near future could adversely affect your ability to sell, and/or the price you receive for, your certificates.
     
Mortgage Loan Modifications May Affect
Distributions On The Certificates
 
Modifications of mortgage loans by the master servicer in an attempt to maximize the ultimate proceeds of such mortgage loans may have the effect of, among other things, reducing or otherwise changing the mortgage rate, forgiving payments of principal, interest or prepayment charges, extending the final maturity date, capitalizing or deferring delinquent interest and other amounts owed under the mortgage loans, or any combination of these or other modifications. Any such modified mortgage loan will remain in the issuing entity, and the reduction in collections resulting from a modification may result in reduced distributions of interest or principal on your certificates, may extend the final maturity of your certificates or result in an allocation of a realized loss to your certificates.
 
The ability to modify mortgage loans by the master servicer may be limited by several factors. The master servicer may have difficulty contacting the borrowers who are at risk or may not be able to work out an acceptable modification. In addition, if the master servicer has to consider a large number of modifications, operational constraints may affect the ability of the master servicer to adequately address all of the needs of the borrowers.
 
Investors should note that modifications that are designed to maximize collections to the issuing entity in the aggregate may adversely affect a particular class of certificates. The master servicer is not required to consider the interests of individual classes of certificates. Investors should note that in connection with considering a modification or other type of loss mitigation, the master servicer will incur related out-of-pocket expenses, such as credit counseling service fees, which may be passed through to the issuing entity as servicing advances.
 
There Are Risks Relating to Mortgaged Properties Subject to Junior Mortgage Loans
 
On or after the origination date of a mortgage loan, another mortgage loan secured by a subordinate lien on the same mortgaged property (a junior mortgage loan) could be obtained by the borrower. Mortgage loans that have junior mortgage loans encumbering the same mortgaged property generally are experiencing higher rates of delinquency and foreclosure relative to mortgage loans that do not have junior mortgage loans.
 
Although all of the mortgage loans are secured by first liens, the tables set forth in Annex A of this prospectus supplement include combined loan-to-value ratio information which is based on the characteristics of all junior mortgage loans either originated by the sponsor at the time of origination of the senior mortgage loan or originated by the sponsor prior to the time of origination of the senior mortgage loan and still serviced by the master servicer at
     
 
5

 
    such time of origination. The combined loan-to-value ratio information does not reflect any junior mortgage loans that were originated after the origination date of the related mortgage loan whether or not those junior mortgage loans were originated by the sponsor or a third party.
 
Servicing of Mortgage Loans - Countrywide Home Loans
 
The section of the Prospectus Supplement titled “Servicing of Mortgage Loans—Countrywide Home Loans” beginning on page S-48 of the Prospectus Supplement is modified by replacing the last paragraph of that section with the following paragraphs:
 
On January 11, 2008, Bank of America Corporation and Countrywide Financial Corporation entered into a definitive agreement providing for the merger of Countrywide Financial Corporation with and into a wholly-owned subsidiary of Bank of America Corporation (the “Merger-Sub”), with the Merger-Sub surviving the merger. As a result of the merger, among other things, all of the direct and indirect subsidiaries of Countrywide Financial Corporation (which include the depositor, Countrywide Home Loans and Countrywide Servicing) will become indirect subsidiaries of Bank of America Corporation. The merger is currently expected to be completed in the third quarter of 2008, subject to customary conditions, including receipt of approval by Countrywide Financial Corporation’s shareholders and receipt of customary regulatory approvals. No assurance can be given that the necessary approvals will be obtained, that other conditions to closing will be satisfied, that the transaction will be completed when expected, or that the transaction will be completed at all.

On October 26, 2007, Standard & Poor’s Ratings Services changed its counterparty credit rating on Countrywide Home Loans from “A/A-1” to “BBB+/A-2”, and this rating remained on CreditWatch with negative implications. On August 16, 2007, Moody’s Investors Service changed its senior debt rating assigned to Countrywide Home Loans from “A3” to “Baa3” and its short-term debt rating assigned to Countrywide Home Loans from “Prime-2” to “Prime-3”, and on November 19, 2007, Moody’s Investors Service confirmed its ratings and placed its ratings on negative outlook. On August 16, 2007, Fitch Ratings changed its long-term issuer default rating assigned to Countrywide Home Loans from “A” to “BBB+” and its short-term issuer default rating assigned to Countrywide Home Loans from “F1” to “F2”, and on November 6, 2007, Fitch Ratings affirmed its ratings, removed its ratings from “Rating Watch Evolving” status and assigned a “Rating Outlook Negative” to its ratings. On January 11, 2008, in connection with the entry by Countrywide Financial Corporation and Bank of America Corporation into the definitive agreement described above, Standard & Poor’s Ratings Services placed its ratings of Countrywide Home Loans on CreditWatch with positive implications, Moody’s Investors Service placed its ratings of Countrywide Home Loans on review for possible upgrade, and Fitch Ratings assigned a “Rating Watch Positive” to its ratings of Countrywide Home Loans. On March 12, 2008, Fitch Ratings changed its long-term issuer default rating assigned to Countrywide Home Loans from “BBB+” to “BBB-” and its short-term issuer default rating assigned to Countrywide Home Loans from “F2” to “F3”, and Fitch Ratings also assigned a “Rating Watch Positive” to those ratings. The issuer default ratings and credit ratings assigned to Countrywide Home Loans by Standard & Poor’s Ratings Services, Moody’s Investors Service and Fitch Ratings may be downgraded in the event that the transactions contemplated by the definitive agreement between Countrywide Financial Corporation and Bank of America Corporation described above are not consummated.

Except as otherwise indicated, reference in the remainder of this prospectus supplement to “Countrywide Home Loans” should be read to include Countrywide Home Loans and its consolidated subsidiaries, including Countrywide Servicing. Countrywide Home Loans services substantially all of the mortgage loans it originates or acquires. In addition, Countrywide Home Loans has purchased in bulk the rights to service mortgage loans originated by other lenders. Countrywide Home Loans has in the past and may in the future sell to mortgage bankers and other institutions a portion of its portfolio of loan servicing rights. As of December 31, 2003, December 31, 2004, December 31, 2005, December 31, 2006 and December 31, 2007, Countrywide Home Loans provided servicing for mortgage loans with an aggregate principal balance of approximately $644.855 billion, $838.322 billion, $1,111.090 billion, $1,298.394 billion and $1,476.039 billion, respectively, substantially all of which were being serviced for unaffiliated persons.
 

 

6


Servicing of Mortgage Loans - Mortgage Loan Production
 
The section of the Prospectus Supplement titled “Servicing of Mortgage Loans—Mortgage Loan Production” beginning on page S-49 of the Prospectus Supplement is modified by replacing the paragraph and table in that section with the following:
 
The following table sets forth, by number and dollar amount of mortgage loans, the residential mortgage loan production of Countrywide Financial and its subsidiaries for the periods indicated.
 

   
Consolidated Mortgage Loan Production
   
 
Years Ended
December 31,
   
2003
 
2004
 
2005
 
2006
 
2007
 
   
(Dollars in millions, except average loan amount)
 
Conventional Conforming Loans
Number of Loans
   
1,509,925
   
826,914
   
776,479
   
723,933
   
1,092,759
 
Volume of Loans
 
$
234,526
 
$
134,762
 
$
159,561
 
$
149,095
 
$
216,829
 
Percent of Total Dollar Volume
   
53.9
%
 
37.1
%
 
32.2
%
 
32.2
%
 
53.1
%
Conventional Non-conforming Loans
Number of Loans
   
562,389
   
529,192
   
866,476
   
730,511
   
331,800
 
Volume of Loans
 
$
138,006
 
$
144,663
 
$
235,614
 
$
211,841
 
$
117,634
 
Percent of Total Dollar Volume
   
31.7
%
 
39.9
%
 
47.6
%
 
45.8
%
 
28.8
%
FHA/VA Loans
Number of Loans
   
196,063
   
105,562
   
80,555
   
89,753
   
137,922
 
Volume of Loans
 
$
24,402
 
$
13,247
 
$
10,714
 
$
13,093
 
$
22,379
 
Percent of Total Dollar Volume
   
5.6
%
 
3.6
%
 
2.2
%
 
2.8
%
 
5.5
%
Prime Home Equity Loans
Number of Loans
   
453,817
   
587,046
   
728,252
   
716,353
   
514,629
 
Volume of Loans
 
$
18,103
 
$
30,893
 
$
44,850
 
$
47,876
 
$
34,399
 
Percent of Total Dollar Volume
   
4.2
%
 
8.5
%
 
9.1
%
 
10.4
%
 
8.4
%
Nonprime Mortgage Loans
Number of Loans
   
124,205
   
250,030
   
278,112
   
245,881
   
90,917
 
Volume of Loans
 
$
19,827
 
$
39,441
 
$
44,637
 
$
40,596
 
$
16,993
 
Percent of Total Dollar Volume
   
4.6
%
 
10.9
%
 
9.0
%
 
8.8
%
 
4.2
%
Total Loans
Number of Loans
   
2,846,399
   
2,298,744
   
2,729,874
   
2,506,431
   
2,168,027
 
Volume of Loans
 
$
434,864
 
$
363,006
 
$
495,376
 
$
462,501
 
$
408,234
 
Average Loan Amount
 
$
153,000
 
$
158,000
 
$
181,000
 
$
185,000
 
$
188,000
 
Non-Purchase Transactions(1)
   
72
%
 
51
%
 
53
%
 
55
%
 
58
%
Adjustable-Rate Loans(1)
   
21
%
 
52
%
 
53
%
 
46
%
 
27
%
_________
(1) Percentage of total mortgage loan production (excluding commercial real estate loans) based on dollar volume.
 
For purposes of the table set forth above, the following terms have the following meanings:
 
Conventional Conforming Loans: prime credit quality, conventional, first-lien mortgage loans that qualify for inclusion in guaranteed mortgage securities backed by Fannie Mae or Freddie Mac.
 
Conventional Non-conforming Loans: prime credit quality, conventional, first-lien mortgage loans that do not qualify for inclusion in guaranteed mortgage securities backed by Fannie Mae or Freddie Mac.
 
FHA/VA Loans: loans that are insured or guaranteed by the Federal Housing Administration (“FHA”) or the Department of Veterans’ Affairs (“VA”).
 
Prime Home Equity Loans: prime credit quality second-lien mortgage loans, including home equity lines of credit.
 
Nonprime Mortgage Loans: first- and second-lien mortgage loans made to individuals with credit-blemished profiles.
 

 

7


Static Pool Data
 
The section of the Prospectus Supplement titled “Static Pool Data” on page S-53 of the Prospectus Supplement is modified by replacing the first paragraph in that section with the following:
 
Certain static pool data with respect to the delinquency, cumulative loss and prepayment data for Countrywide Home Loans is available online at http://www.countrywidedealsdata.com?CWDD=01200802. This static pool data is not deemed part of the prospectus or the registration statement of which the prospectus is a part to the extent that the static pool data relates to:
 
 
·
prior securitized pools of Countrywide Home Loans that do not include the mortgage loans and that were established before January 1, 2006; or
 
 
·
in the case of information regarding the mortgage loans, information about the mortgage loans for periods before January 1, 2006.
 
Certificate Swap Contract
 
The section of the Prospectus Supplement titled “Certificate Swap Contract” beginning on page S-76 of the Prospectus Supplement is modified by replacing the fourteenth and fifteenth paragraphs in that section with the following:
 
Lehman Brothers Holdings Inc. ("LBHI"), was incorporated in December 29, 1983 and its principal executive offices are located at 745 Seventh Avenue, New York, New York, 10019, telephone 212-526-7000. LBHI together with its consolidated subsidiaries ("Lehman Brothers"), is an innovator in global finance, serves the financial needs of corporations, governments and municipalities, institutional clients and high-net-worth individuals worldwide. Lehman Brothers provides a full array of equity and fixed income sales, trading and research, investment banking services and investment management and advisory services. Its worldwide headquarters in New York and regional headquarters in London and Tokyo are complemented by offices in additional locations in North America, Europe, the Middle East, Latin America and the Asia Pacific region.
 
Lehman Brothers, through predecessor entities, was founded in 1850. LBHI is currently rated A+ by S&P, A1 by Moody’s and AA- by Fitch for long-term senior debt and A-1 by S&P, P-1 by Moody's and F-1+ by Fitch for short-term senior debt.
 
Lehman Brothers Special Financing Inc. (“LBSF”), a Delaware corporation and a wholly-owned subsidiary of Lehman Brothers Inc., which is a wholly-owned subsidiary of LBHI, is Lehman Brothers’ principal dealer in a broad range of OTC derivative products including interest rate, currency, credit and mortgage derivatives. LBSF benefits from a full guarantee by LBHI.
 
Annex A
 
Annex A of the Prospectus Supplement is replaced with the Annex A attached to this Supplement.
 

8

 
Annex A
 
The Mortgage Pool
 
The following information sets forth certain characteristics of the mortgage loans as of March 1, 2008. Other than with respect to rates of interest, percentages (approximate) are stated in each case by aggregate Stated Principal Balance of the mortgage loans as of March 1, 2008. Due to rounding, the sum in any column of the following tables may not equal the indicated value. The FICO credit scores referenced in the tables below with respect to substantially all of the mortgage loans were obtained from one or more credit reporting agencies in connection with the origination of such mortgage loans. In addition, the Weighted Average FICO Credit Score column in the following tables has been calculated without regard to any mortgage loans where a FICO score is not available.
 
 
Loan Programs
 
Loan Program
 
Number of
Mortgage
Loans
 
Aggregate
Principal Balance
Outstanding
 
% of Aggregate Principal Balance Outstanding
 
Average
Principal Balance
Outstanding ($)
 
Weighted Average Current Mortgage Rate (%)
 
Weighted Average Remaining Term to Maturity (Months)
 
Weighted Average FICO Credit Score
 
Weighted Average Original Loan-to-Value Ratio (%)
 
Weighted Average Original
Combined Loan-to-Value
Ratio (%)
 
5/25 Mortgage Loans
   
244
 
$
86,134,428
   
15.66
%
 
353,010
   
6.993
   
348
   
726
   
76.27
   
83.29
 
5/35 Mortgage Loans
   
6
   
1,912,415
   
0.35
   
318,736
   
7.286
   
468
   
719
   
77.09
   
79.94
 
5/1 Mortgage Loans
   
928
   
461,841,998
   
83.99
   
497,675
   
7.174
   
357
   
723
   
75.14
   
79.15
 
Total
   
1,178
 
$
549,888,841
   
100.00
%
                                   
 

 
 
Current Principal Balances(1)
 
Range of Current
Principal Balances ($)
 
Number of
Mortgage
Loans
 
Aggregate
Principal Balance
Outstanding
 
% of Aggregate Principal Balance Outstanding
 
Average
Principal Balance
Outstanding ($)
 
Weighted Average Current Mortgage Rate (%)
 
Weighted Average Remaining Term to Maturity (Months)
 
Weighted Average FICO Credit Score
 
Weighted Average Original Loan-to-Value Ratio (%)
 
Weighted Average Original Combined Loan-to-Value
Ratio (%)
 
50,000.01 - 100,000.00
   
24
 
$
1,954,844
   
0.36
%
 
81,452
   
7.415
   
355
   
720
   
70.52
   
74.18
 
100,000.01 - 150,000.00
   
74
   
9,588,643
   
1.74
   
129,576
   
7.434
   
352
   
718
   
78.29
   
81.28
 
150,000.01 - 200,000.00
   
100
   
17,664,462
   
3.21
   
176,645
   
7.341
   
358
   
722
   
75.53
   
78.54
 
200,000.01 - 250,000.00
   
128
   
29,017,008
   
5.28
   
226,695
   
7.292
   
354
   
722
   
77.58
   
83.35
 
250,000.01 - 300,000.00
   
111
   
30,604,825
   
5.57
   
275,719
   
7.298
   
354
   
720
   
77.58
   
82.41
 
300,000.01 - 350,000.00
   
89
   
28,571,403
   
5.20
   
321,027
   
7.252
   
351
   
712
   
77.71
   
81.06
 
350,000.01 - 400,000.00
   
96
   
35,722,223
   
6.50
   
372,106
   
7.207
   
358
   
720
   
77.01
   
81.19
 
400,000.01 - 450,000.00
   
105
   
44,665,603
   
8.12
   
425,387
   
7.240
   
355
   
722
   
77.90
   
83.27
 
450,000.01 - 500,000.00
   
77
   
36,483,912
   
6.63
   
473,817
   
7.151
   
356
   
721
   
78.01
   
82.66
 
500,000.01 - 550,000.00
   
61
   
32,051,845
   
5.83
   
525,440
   
7.211
   
359
   
715
   
78.29
   
83.09
 
550,000.01 - 600,000.00
   
56
   
32,048,984
   
5.83
   
572,303
   
7.121
   
358
   
720
   
76.76
   
81.96
 
600,000.01 - 650,000.00
   
41
   
25,709,396
   
4.68
   
627,058
   
7.059
   
351
   
727
   
76.90
   
80.81
 
650,000.01 - 700,000.00
   
39
   
25,987,797
   
4.73
   
666,354
   
7.204
   
358
   
715
   
76.77
   
83.07
 
700,000.01 - 750,000.00
   
19
   
13,814,106
   
2.51
   
727,058
   
7.217
   
358
   
713
   
77.02
   
81.53
 
750,000.01 - 1,000,000.00
   
75
   
65,962,938
   
12.00
   
879,506
   
6.951
   
354
   
729
   
75.16
   
79.60
 
1,000,000.01 - 1,500,000.00
   
53
   
63,763,336
   
11.60
   
1,203,082
   
6.929
   
356
   
729
   
72.33
   
76.65
 
1,500,000.01 - 2,000,000.00
   
21
   
35,850,955
   
6.52
   
1,707,188
   
7.320
   
351
   
732
   
68.02
   
71.98
 
Greater than or equal to 2,000,000.01
   
9
   
20,426,563
   
3.71
   
2,269,618
   
6.846
   
365
   
734
   
61.71
   
64.05
 
Total
   
1,178
 
$
549,888,841
   
100.00
%
                                   
 

(1) As of March 1, 2008, the average current principal balance of the Mortgage Loans was approximately $466,799.

A-1


 
Original Principal Balances
 
 
Range of Original
Principal Balances ($)
 
Number of
Mortgage
Loans
 
Aggregate
Principal Balance
Outstanding
 
% of Aggregate Principal Balance Outstanding
 
Average
Principal Balance
Outstanding ($)
 
Weighted Average Current Mortgage Rate (%)
 
Weighted Average Remaining Term to Maturity (Months)
 
Weighted Average FICO Credit Score
 
Weighted Average Original Loan-to-Value Ratio (%)
 
Weighted Average Original Combined Loan-to-Value
Ratio (%)
 
0.01 - 50,000.00
   
1
 
$
50,649
   
0.01
%
 
50,649
   
8.250
   
351
   
743
   
90.00
   
90.00
 
50,000.01 - 100,000.00
   
23
   
1,904,194
   
0.35
   
82,791
   
7.393
   
355
   
720
   
70.01
   
73.76
 
100,000.01 - 150,000.00
   
79
   
10,367,628
   
1.89
   
131,236
   
7.450
   
354
   
720
   
77.72
   
80.82
 
150,000.01 - 200,000.00
   
102
   
18,371,067
   
3.34
   
180,108
   
7.348
   
357
   
720
   
76.24
   
79.10
 
200,000.01 - 250,000.00
   
123
   
28,171,119
   
5.12
   
229,033
   
7.260
   
354
   
722
   
77.00
   
82.81
 
250,000.01 - 300,000.00
   
126
   
35,200,634
   
6.40
   
279,370
   
7.341
   
353
   
716
   
77.55
   
82.18
 
300,000.01 - 350,000.00
   
90
   
29,732,709
   
5.41
   
330,363
   
7.200
   
355
   
714
   
77.24
   
80.70
 
350,000.01 - 400,000.00
   
93
   
35,426,277
   
6.44
   
380,928
   
7.227
   
355
   
723
   
77.62
   
82.09
 
400,000.01 - 450,000.00
   
101
   
43,647,510
   
7.94
   
432,154
   
7.214
   
357
   
724
   
77.61
   
82.73
 
450,000.01 - 500,000.00
   
80
   
38,585,224
   
7.02
   
482,315
   
7.208
   
356
   
719
   
78.23
   
83.19
 
500,000.01 - 550,000.00
   
59
   
31,544,348
   
5.74
   
534,650
   
7.093
   
357
   
717
   
77.34
   
82.34
 
550,000.01 - 600,000.00
   
52
   
30,237,345
   
5.50
   
581,487
   
7.119
   
358
   
720
   
77.07
   
81.28
 
600,000.01 - 650,000.00
   
57
   
36,648,209
   
6.66
   
642,951
   
7.160
   
353
   
725
   
77.30
   
83.34
 
650,000.01 - 700,000.00
   
19
   
13,014,438
   
2.37
   
684,970
   
7.191
   
365
   
712
   
77.16
   
80.47
 
700,000.01 - 750,000.00
   
18
   
13,267,082
   
2.41
   
737,060
   
7.272
   
352
   
707
   
77.57
   
82.83
 
750,000.01 - 1,000,000.00
   
85
   
76,872,730
   
13.98
   
904,385
   
6.973
   
354
   
729
   
74.20
   
79.59
 
1,000,000.01 - 1,500,000.00
   
44
   
56,666,665
   
10.31
   
1,287,879
   
6.942
   
357
   
727
   
72.62
   
76.01
 
1,500,000.01 - 2,000,000.00
   
19
   
33,825,589
   
6.15
   
1,780,294
   
7.247
   
351
   
742
   
67.04
   
69.87
 
Greater than or equal to 2,000,000.01
   
7
   
16,355,424
   
2.97
   
2,336,489
   
6.777
   
368
   
726
   
61.16
   
64.09
 
Total
   
1,178
 
$
549,888,841
   
100.00
%
                                   


A-2


 

 
 
State Distribution of Mortgaged Properties(1)
 
State
 
Number of
Mortgage
Loans
 
Aggregate
Principal Balance
Outstanding
 
% of Aggregate Principal Balance Outstanding
 
Average
Principal Balance
Outstanding ($)
 
Weighted Average Current Mortgage Rate (%)
 
Weighted Average Remaining Term to Maturity (Months)
 
Weighted Average FICO Credit Score
 
Weighted Average Original Loan-to-Value Ratio (%)
 
Weighted Average Original Combined Loan-to-Value
Ratio (%)
 
Alabama 
   
3
 
$
2,316,183
   
0.42
%
 
772,061
   
7.080
   
352
   
733
   
70.70
   
82.37
 
Alaska
   
1
   
841,005
   
0.15
   
841,005
   
7.375
   
350
   
728
   
78.57
   
78.57
 
Arizona
   
46
   
17,314,892
   
3.15
   
376,411
   
7.084
   
352
   
709
   
73.98
   
77.58
 
Arkansas
   
1
   
481,887
   
0.09
   
481,887
   
7.625
   
350
   
696
   
77.91
   
90.00
 
California
   
500
   
277,842,083
   
50.53
   
555,684
   
7.079
   
357
   
725
   
75.30
   
80.03
 
Colorado
   
14
   
5,074,825
   
0.92
   
362,488
   
6.649
   
360
   
758
   
71.36
   
76.02
 
Connecticut
   
7
   
7,359,342
   
1.34
   
1,051,335
   
7.134
   
351
   
729
   
71.18
   
72.08
 
Delaware
   
2
   
450,394
   
0.08
   
225,197
   
6.680
   
352
   
748
   
63.60
   
65.43
 
Florida
   
175
   
66,143,017
   
12.03
   
377,960
   
7.256
   
361
   
722
   
75.65
   
80.69
 
Georgia
   
17
   
7,061,119
   
1.28
   
415,360
   
6.998
   
351
   
723
   
75.45
   
78.58
 
Hawaii
   
18
   
8,814,636
   
1.60
   
489,702
   
7.366
   
361
   
728
   
75.87
   
77.70
 
Idaho
   
4
   
2,143,498
   
0.39
   
535,874
   
6.703
   
351
   
709
   
71.45
   
72.28
 
Illinois
   
24
   
8,207,157
   
1.49
   
341,965
   
7.628
   
351
   
714
   
77.81
   
80.40
 
Indiana
   
2
   
651,222
   
0.12
   
325,611
   
7.742
   
352
   
713
   
80.00
   
84.38
 
Iowa
   
1
   
65,310
   
0.01
   
65,310
   
7.250
   
351
   
710
   
79.26
   
79.26
 
Kansas
   
4
   
1,094,264
   
0.20
   
273,566
   
7.521
   
351
   
730
   
76.18
   
78.56
 
Louisiana
   
2
   
502,001
   
0.09
   
251,000
   
6.957
   
352
   
666
   
87.25
   
87.25
 
Maryland
   
21
   
9,445,755
   
1.72
   
449,798
   
6.884
   
351
   
705
   
78.63
   
80.55
 
Massachusetts
   
9
   
4,623,804
   
0.84
   
513,756
   
7.282
   
351
   
709
   
79.38
   
84.30
 
Michigan
   
13
   
2,847,719
   
0.52
   
219,055
   
7.623
   
351
   
727
   
77.35
   
79.14
 
Minnesota
   
9
   
1,804,433
   
0.33
   
200,493
   
7.382
   
350
   
725
   
79.43
   
82.48
 
Mississippi
   
3
   
477,938
   
0.09
   
159,313
   
7.489
   
384
   
726
   
86.29
   
92.10
 
Missouri
   
13
   
3,720,718
   
0.68
   
286,209
   
7.411
   
351
   
738
   
77.50
   
78.80
 
Montana
   
2
   
649,876
   
0.12
   
324,938
   
7.432
   
350
   
704
   
76.17
   
76.17
 
Nevada
   
25
   
9,733,697
   
1.77
   
389,348
   
7.214
   
355
   
708
   
77.56
   
83.48
 
New Hampshire
   
1
   
138,853
   
0.03
   
138,853
   
7.375
   
350
   
721
   
79.86
   
79.86
 
New Jersey
   
16
   
5,689,491
   
1.03
   
355,593
   
7.338
   
351
   
694
   
80.11
   
84.21
 
New Mexico
   
7
   
1,621,126
   
0.29
   
231,589
   
7.128
   
350
   
697
   
74.28
   
75.66
 
New York
   
13
   
8,315,524
   
1.51
   
639,656
   
6.728
   
352
   
722
   
60.23
   
62.83
 
North Carolina
   
12
   
3,453,454
   
0.63
   
287,788
   
7.052
   
351
   
726
   
75.36
   
80.01
 
Ohio
   
8
   
1,168,032
   
0.21
   
146,004
   
7.176
   
351
   
740
   
80.88
   
91.41
 
Oregon
   
29
   
10,795,563
   
1.96
   
372,261
   
7.261
   
351
   
717
   
76.66
   
81.57
 
Pennsylvania
   
11
   
3,341,813
   
0.61
   
303,801
   
7.430
   
358
   
709
   
81.50
   
82.18
 
Rhode Island
   
3
   
1,526,573
   
0.28
   
508,858
   
7.378
   
351
   
738
   
72.27
   
72.78
 
South Carolina
   
8
   
7,965,977
   
1.45
   
995,747
   
7.355
   
351
   
742
   
65.96
   
69.08
 
South Dakota
   
2
   
389,502
   
0.07
   
194,751
   
7.637
   
352
   
787
   
80.00
   
80.00
 
Tennessee
   
4
   
1,987,694
   
0.36
   
496,923
   
6.851
   
352
   
737
   
80.94
   
80.94
 
Texas
   
9
   
4,512,233
   
0.82
   
501,359
   
7.680
   
351
   
718
   
75.68
   
80.99
 
Utah
   
25
   
10,695,068
   
1.94
   
427,803
   
7.278
   
355
   
728
   
77.98
   
82.55
 
Virginia
   
16
   
8,430,478
   
1.53
   
526,905
   
7.173
   
351
   
721
   
78.97
   
86.73
 
Washington
   
88
   
37,268,361
   
6.78
   
423,504
   
7.226
   
352
   
727
   
75.64
   
80.85
 
West Virginia
   
1
   
61,885
   
0.01
   
61,885
   
6.875
   
350
   
665
   
90.00
   
90.00
 
Wisconsin
   
9
   
2,860,439
   
0.52
   
317,827
   
7.296
   
351
   
724
   
73.30
   
79.85
 
Total
   
1,178
 
$
549,888,841
   
100.00
%
                                   
 

(1) As of March 1, 2008, no more than approximately 0.938% of the Mortgage Loans were secured by mortgaged properties located in any one postal zip code area.

A-3


 
Original Loan-to-Value Ratios(1)(2)
 
Range of
Original
Loan-to-Value Ratios (%)
 
Number of
Mortgage
Loans
 
Aggregate
Principal Balance
Outstanding
 
% of Aggregate Principal Balance Outstanding
 
Average
Principal Balance
Outstanding ($)
 
Weighted Average Current Mortgage Rate (%)
 
Weighted Average Remaining Term to Maturity (Months)
 
Weighted Average FICO Credit Score
 
Weighted Average Original Loan-to-Value Ratio (%)
 
Weighted Average Original Combined Loan-to-Value
Ratio (%)
 
0.01 - 50.00
   
34
 
$
13,306,659
   
2.42
%
 
391,372
   
6.482
   
352
   
748
   
40.38
   
40.38
 
50.01 - 55.00
   
17
   
8,087,339
   
1.47
   
475,726
   
6.828
   
355
   
742
   
52.89
   
52.89
 
55.01 - 60.00
   
36
   
26,102,391
   
4.75
   
725,066
   
6.918
   
355
   
730
   
58.04
   
59.08
 
60.01 - 65.00
   
35
   
21,126,345
   
3.84
   
603,610
   
7.050
   
352
   
719
   
63.72
   
67.22
 
65.01 - 70.00
   
88
   
63,738,802
   
11.59
   
724,305
   
7.122
   
361
   
717
   
68.87
   
72.98
 
70.01 - 75.00
   
146
   
78,400,585
   
14.26
   
536,990
   
7.186
   
356
   
727
   
74.17
   
78.18
 
75.01 - 80.00
   
701
   
304,953,582
   
55.46
   
435,027
   
7.141
   
355
   
722
   
79.67
   
85.53
 
80.01 - 85.00
   
11
   
3,898,447
   
0.71
   
354,404
   
7.429
   
351
   
701
   
84.64
   
84.64
 
85.01 - 90.00
   
71
   
19,540,679
   
3.55
   
275,221
   
7.756
   
358
   
705
   
89.35
   
89.35
 
90.01 - 95.00
   
39
   
10,734,011
   
1.95
   
275,231
   
7.737
   
351
   
734
   
94.69
   
94.69
 
Total
   
1,178
 
$
549,888,841
   
100.00
%
                                   
 

(1) As of March 1, 2008, the weighted average original Loan-to-Value Ratio of the Mortgage Loans was approximately 75.32%.
(2) Does not take into account any secondary financing on the Mortgage Loans that may exist at the time of origination.

 
Original Combined Loan-to-Value Ratios(1)
 
Range of Original
Combined
Loan-to-Value Ratios (%)
 
Number of
Mortgage
Loans
 
Aggregate
Principal Balance
Outstanding
 
% of Aggregate Principal Balance Outstanding
 
Average
Principal Balance
Outstanding ($)
 
Weighted Average Current Mortgage Rate (%)
 
Weighted Average Remaining Term to Maturity (Months)
 
Weighted Average FICO Credit Score
 
Weighted Average Original Loan-to-Value Ratio (%)
 
Weighted Average Original Combined Loan-to-Value
Ratio (%)
 
0.01 - 50.00
   
34
 
$
13,306,659
   
2.42
%
 
391,372
   
6.482
   
352
   
748
   
40.38
   
40.38
 
50.01 - 55.00
   
17
   
8,087,339
   
1.47
   
475,726
   
6.828
   
355
   
742
   
52.89
   
52.89
 
55.01 - 60.00
   
31
   
20,116,761
   
3.66
   
648,928
   
6.835
   
355
   
730
   
57.87
   
57.87
 
60.01 - 65.00
   
31
   
19,365,208
   
3.52
   
624,684
   
7.132
   
352
   
713
   
62.46
   
63.09
 
65.01 - 70.00
   
65
   
43,918,793
   
7.99
   
675,674
   
7.007
   
365
   
718
   
68.36
   
68.54
 
70.01 - 75.00
   
118
   
58,699,521
   
10.67
   
497,454
   
7.217
   
354
   
730
   
73.07
   
74.25
 
75.01 - 80.00
   
315
   
151,144,042
   
27.49
   
479,822
   
7.125
   
355
   
722
   
78.39
   
79.51
 
80.01 - 85.00
   
52
   
27,022,813
   
4.91
   
519,669
   
7.230
   
355
   
714
   
78.01
   
83.60
 
85.01 - 90.00
   
414
   
177,646,170
   
32.31
   
429,097
   
7.235
   
356
   
719
   
80.16
   
89.57
 
90.01 - 95.00
   
51
   
14,908,065
   
2.71
   
292,315
   
7.552
   
351
   
735
   
90.57
   
94.72
 
95.01 - 100.00
   
50
   
15,673,470
   
2.85
   
313,469
   
7.083
   
349
   
741
   
79.35
   
99.77
 
Total
   
1,178
 
$
549,888,841
   
100.00
%
                                   
 

(1) The Combined Loan-to-Value Ratios presented in the foregoing table reflect only certain junior lien Mortgage Loans secured by the related mortgaged properties.

A-4


 
Current Mortgage Rates(1)
 
Range of Current Mortgage Rates (%)
 
Number of
Mortgage
Loans
 
Aggregate
Principal Balance
Outstanding
 
% of Aggregate Principal Balance Outstanding
 
Average
Principal Balance
Outstanding ($)
 
Weighted Average Current Mortgage Rate (%)
 
Weighted Average Remaining Term to Maturity (Months)
 
Weighted Average FICO Credit Score
 
Weighted Average Original Loan-to-Value Ratio (%)
 
Weighted Average Original Combined Loan-to-Value
Ratio (%)
 
4.501 - 5.000
   
1
 
$
198,276
   
0.04
%
 
198,276
   
5.000
   
473
   
669
   
70.00
   
70.00
 
5.001 - 5.500
   
3
   
2,919,968
   
0.53
   
973,323
   
5.500
   
446
   
719
   
72.04
   
74.26
 
5.501 - 6.000
   
16
   
10,130,389
   
1.84
   
633,149
   
5.935
   
370
   
714
   
61.67
   
64.01
 
6.001 - 6.500
   
128
   
70,011,070
   
12.73
   
546,961
   
6.382
   
354
   
732
   
72.30
   
75.94
 
6.501 - 7.000
   
370
   
183,884,374
   
33.44
   
496,985
   
6.814
   
355
   
726
   
74.66
   
79.55
 
7.001 - 7.500
   
333
   
154,739,770
   
28.14
   
464,684
   
7.332
   
356
   
725
   
75.78
   
80.51
 
7.501 - 8.000
   
225
   
94,114,679
   
17.12
   
418,287
   
7.805
   
353
   
716
   
77.55
   
82.28
 
8.001 - 8.500
   
84
   
27,578,018
   
5.02
   
328,310
   
8.263
   
353
   
701
   
80.69
   
83.94
 
8.501 - 9.000
   
16
   
5,632,801
   
1.02
   
352,050
   
8.771
   
359
   
704
   
83.18
   
85.69
 
9.001 - 9.500
   
2
   
679,495
   
0.12
   
339,748
   
9.250
   
352
   
668
   
90.83
   
90.83
 
Total
   
1,178
 
$
549,888,841
   
100.00
%
                                   
 

(1) The current Mortgage Rates listed in the preceding table include lender paid mortgage insurance premiums. As of March 1, 2008, the weighted average current Mortgage Rate of the Mortgage Loans was approximately 7.146% per annum. As of the March 1, 2008, the weighted average current Mortgage Rate of the Mortgage Loans net of the premium charged by the lender in connection with lender paid mortgage insurance was approximately 7.128% per annum.

 
Types of Mortgaged Properties
 
Property Type
 
Number of
Mortgage
Loans
 
Aggregate
Principal Balance
Outstanding
 
% of Aggregate Principal Balance Outstanding
 
Average
Principal Balance
Outstanding ($)
 
Weighted Average Current Mortgage Rate (%)
 
Weighted Average Remaining Term to Maturity (Months)
 
Weighted Average FICO Credit Score
 
Weighted Average Original Loan-to-Value Ratio (%)
 
Weighted Average Original Combined Loan-to-Value
Ratio (%)
 
Single Family Residence
   
711
 
$
340,701,888
   
61.96
%
 
479,187
   
7.144
   
356
   
722
   
74.74
   
79.02
 
Planned Unit Development
   
266
   
128,820,942
   
23.43
   
484,289
   
7.066
   
355
   
724
   
76.13
   
81.36
 
Condominium
   
132
   
48,984,470
   
8.91
   
371,094
   
7.211
   
357
   
730
   
78.35
   
83.24
 
2-4 Family Unit
   
48
   
20,514,386
   
3.73
   
427,383
   
7.457
   
360
   
716
   
71.47
   
73.76
 
High-rise Condominium
   
20
   
10,406,161
   
1.89
   
520,308
   
7.341
   
350
   
723
   
77.58
   
82.04
 
Cooperative
   
1
   
460,995
   
0.08
   
460,995
   
6.250
   
352
   
719
   
80.00
   
80.00
 
Total
   
1,178
 
$
549,888,841
   
100.00
%
                                   


A-5


 
Loan Purpose
 
Loan Purpose
 
Number of
Mortgage
Loans
 
Aggregate
Principal Balance
Outstanding
 
% of Aggregate Principal Balance Outstanding
 
Average
Principal Balance
Outstanding ($)
 
Weighted Average Current Mortgage Rate (%)
 
Weighted Average Remaining Term to Maturity (Months)
 
Weighted Average FICO Credit Score
 
Weighted Average Original Loan-to-Value Ratio (%)
 
Weighted Average Original Combined Loan-to-Value
Ratio (%)
 
Refinance (rate-term)
   
412
 
$
204,438,820
   
37.18
%
 
496,211
   
7.092
   
356
   
722
   
74.55
   
79.47
 
Refinance (cash-out)
   
394
   
186,875,923
   
33.98
   
474,304
   
7.149
   
357
   
717
   
72.56
   
74.21
 
Purchase
   
372
   
158,574,098
   
28.84
   
426,274
   
7.212
   
354
   
731
   
79.58
   
86.83
 
Total
   
1,178
 
$
549,888,841
   
100.00
%
                                   

 
Occupancy Types(1)
 
Occupancy Type
 
Number of
Mortgage
Loans
 
Aggregate
Principal Balance
Outstanding
 
% of Aggregate Principal Balance Outstanding
 
Average
Principal Balance
Outstanding ($)
 
Weighted Average Current Mortgage Rate (%)
 
Weighted Average Remaining Term to Maturity (Months)
 
Weighted Average FICO Credit Score
 
Weighted Average Original Loan-to-Value Ratio (%)
 
Weighted Average Original Combined Loan-to-Value
Ratio (%)
 
Primary Residence
   
907
 
$
456,461,605
   
83.01
%
 
503,265
   
7.095
   
355
   
722
   
75.41
   
80.18
 
Investment Property
   
202
   
65,723,233
   
11.95
   
325,363
   
7.502
   
357
   
730
   
75.03
   
77.64
 
Secondary Residence
   
69
   
27,704,004
   
5.04
   
401,507
   
7.144
   
356
   
720
   
74.53
   
78.71
 
Total
   
1,178
 
$
549,888,841
   
100.00
%
                                   
 

(1) Based upon representations of the related borrowers at the time of origination.

 
Remaining Terms to Maturity(1)
 
Remaining Term to Maturity (Months)
 
Number of
Mortgage
Loans
 
Aggregate
Principal Balance
Outstanding
 
% of Aggregate Principal Balance Outstanding
 
Average
Principal Balance
Outstanding ($)
 
Weighted Average Current Mortgage Rate (%)
 
Weighted Average Original Term to Maturity (Months)
 
Weighted Average FICO Credit Score
 
Weighted Average Original Loan-to-Value Ratio (%)
 
Weighted Average Original Combined Loan-to-Value
Ratio (%)
 
473
   
5
 
$
3,239,489
   
0.59
%
 
647,898
   
6.082
   
480
   
697
   
70.18
   
70.91
 
472
   
22
   
11,047,699
   
2.01
   
502,168
   
7.146
   
480
   
736
   
76.44
   
78.58
 
471
   
2
   
689,696
   
0.13
   
344,848
   
7.025
   
480
   
776
   
80.00
   
90.00
 
470
   
4
   
1,918,459
   
0.35
   
479,615
   
6.913
   
480
   
772
   
77.87
   
88.77
 
469
   
6
   
2,575,797
   
0.47
   
429,300
   
6.369
   
480
   
736
   
73.60
   
78.82
 
468
   
2
   
557,963
   
0.10
   
278,981
   
7.144
   
480
   
719
   
75.79
   
82.22
 
467
   
2
   
653,154
   
0.12
   
326,577
   
7.250
   
480
   
734
   
79.38
   
82.23
 
353
   
57
   
25,587,490
   
4.65
   
448,903
   
7.353
   
360
   
718
   
78.02
   
84.33
 
352
   
598
   
304,222,820
   
55.32
   
508,734
   
7.173
   
360
   
724
   
75.29
   
79.58
 
351
   
118
   
54,927,023
   
9.99
   
465,483
   
7.261
   
360
   
718
   
73.08
   
75.86
 
350
   
115
   
52,374,122
   
9.52
   
455,427
   
7.075
   
360
   
715
   
75.75
   
79.49
 
349
   
121
   
49,323,153
   
8.97
   
407,629
   
7.118
   
360
   
724
   
75.74
   
81.46
 
348
   
80
   
28,086,458
   
5.11
   
351,081
   
6.984
   
360
   
724
   
76.15
   
83.87
 
347
   
44
   
14,085,856
   
2.56
   
320,133
   
6.892
   
360
   
732
   
74.96
   
80.29
 
346
   
2
   
599,660
   
0.11
   
299,830
   
6.279
   
360
   
720
   
75.97
   
81.73
 
Total
   
1,178
 
$
549,888,841
   
100.00
%
                                   
 

(1) As of March 1, 2008, the weighted average remaining term to maturity of the Mortgage Loans was approximately 356 months.


A-6


 
Documentation Programs
 
Documentation Program
 
Number of
Mortgage
Loans
 
Aggregate
Principal Balance
Outstanding
 
% of Aggregate Principal Balance Outstanding
 
Average
Principal Balance
Outstanding ($)
 
Weighted Average Current Mortgage Rate (%)
 
Weighted Average Remaining Term to Maturity (Months)
 
Weighted Average FICO Credit Score
 
Weighted Average Original Loan-to-Value Ratio (%)
 
Weighted Average Original Combined Loan-to-Value
Ratio (%)
 
Reduced
   
620
 
$
303,407,760
   
55.18
%
 
489,367
   
7.291
   
355
   
717
   
75.03
   
79.85
 
Preferred
   
268
   
129,209,316
   
23.50
   
482,124
   
6.985
   
356
   
744
   
75.39
   
80.41
 
Full/Alternative
   
252
   
103,591,781
   
18.84
   
411,078
   
6.870
   
358
   
715
   
75.70
   
78.74
 
Stated Income/Stated Asset
   
34
   
11,950,486
   
2.17
   
351,485
   
7.480
   
353
   
717
   
78.80
   
80.90
 
No Ratio
   
2
   
1,047,227
   
0.19
   
523,613
   
8.274
   
349
   
741
   
80.00
   
90.00
 
No Income/No Asset
   
2
   
682,271
   
0.12
   
341,135
   
7.522
   
349
   
678
   
66.78
   
69.56
 
Total
   
1,178
 
$
549,888,841
   
100.00
%
                                   

 
FICO Credit Scores(1)
 
Range of
FICO Credit Scores
 
Number
of
Mortgage
Loans
 
Aggregate
Principal
Balance
Outstanding
 
% of
Aggregate Principal Balance Outstanding
 
Average
Principal Balance
Outstanding
($)
 
Weighted Average Current Mortgage
Rate (%)
 
Weighted Average Remaining
Term to Maturity (Months)
 
Weighted Average FICO Credit Score
 
Weighted Average Original Loan-to-
Value
Ratio (%)
 
Weighted Average Original Combined Loan-to-
Value
Ratio (%)
 
601 - 620
   
4
 
$
1,392,475
   
0.25
%
 
348,119
   
7.539
   
371
   
620
   
72.94
   
75.61
 
621 - 640
   
35
   
13,429,176
   
2.44
   
383,691
   
7.533
   
356
   
632
   
76.33
   
78.51
 
641 - 660
   
70
   
26,202,366
   
4.77
   
374,320
   
7.196
   
355
   
653
   
76.52
   
79.71
 
661 - 680
   
113
   
47,329,985
   
8.61
   
418,849
   
7.293
   
354
   
671
   
78.37
   
82.55
 
681 - 700
   
183
   
83,009,514
   
15.10
   
453,604
   
7.147
   
353
   
691
   
75.26
   
79.84
 
701 - 720
   
193
   
101,173,023
   
18.40
   
524,213
   
7.117
   
357
   
710
   
74.73
   
78.59
 
721 - 740
   
169
   
86,815,621
   
15.79
   
513,702
   
7.183
   
355
   
731
   
74.82
   
81.22
 
741 - 760
   
160
   
67,858,112
   
12.34
   
424,113
   
7.071
   
354
   
751
   
76.83
   
82.40
 
761 - 780
   
129
   
67,313,369
   
12.24
   
521,809
   
7.041
   
353
   
770
   
74.01
   
78.18
 
781 - 800
   
87
   
40,413,384
   
7.35
   
464,522
   
7.101
   
361
   
790
   
74.35
   
77.32
 
801 - 820
   
32
   
13,176,589
   
2.40
   
411,768
   
7.041
   
370
   
810
   
71.64
   
75.02
 
821 - 840
   
1
   
239,019
   
0.04
   
239,019
   
6.875
   
352
   
824
   
34.31
   
34.31
 
Unknown
   
2
   
1,536,206
   
0.28
   
768,103
   
7.873
   
352
   
N/A
   
80.00
   
80.00
 
Total
   
1,178
 
$
549,888,841
   
100.00
%
                                   
 

(1) As of March 1, 2008, the non-zero weighted average FICO credit score of the borrowers related to the Mortgage Loans was approximately 723.
 
Prepayment Charge Periods at Origination
 
Prepayment Charge Period (Months)
 
Number of
Mortgage
Loans
 
Aggregate
Principal Balance
Outstanding
 
% of Aggregate Principal Balance Outstanding
 
Average
Principal Balance
Outstanding ($)
 
Weighted Average Current Mortgage Rate (%)
 
Weighted Average Remaining Term to Maturity (Months)
 
Weighted Average FICO Credit Score
 
Weighted Average Original Loan-to-Value Ratio (%)
 
Weighted Average Original Combined Loan-to-Value
Ratio (%)
 
0
   
521
 
$
251,147,667
   
45.67
%
 
482,049
   
7.211
   
356
   
724
   
75.39
   
79.63
 
12
   
327
   
180,637,591
   
32.85
   
552,409
   
7.001
   
355
   
725
   
74.71
   
79.32
 
24
   
3
   
781,634
   
0.14
   
260,545
   
8.371
   
351
   
724
   
87.57
   
87.57
 
36
   
313
   
111,467,191
   
20.27
   
356,125
   
7.199
   
357
   
718
   
76.07
   
80.89
 
60
   
14
   
5,854,758
   
1.06
   
418,197
   
7.692
   
353
   
725
   
75.46
   
80.20
 
Total
   
1,178
 
$
549,888,841
   
100.00
%
                                   
 

 

A-7


 
Months to Next Mortgage Rate Adjustment Date(1)
 
Months to Next Mortgage Rate Adjustment Date
 
Number of
Mortgage
Loans
 
Aggregate
Principal Balance
Outstanding
 
% of Aggregate Principal Balance Outstanding
 
Average
Principal Balance
Outstanding ($)
 
Weighted Average Current Mortgage Rate (%)
 
Weighted Average Remaining Term to Maturity (Months)
 
Weighted Average FICO Credit Score
 
Weighted Average Original Loan-to-Value Ratio (%)
 
Weighted Average Original Combined Loan-to-Value
Ratio (%)
 
46
   
2
 
$
599,660
   
0.11
%
 
299,830
   
6.279
   
346
   
720
   
75.97
   
81.73
 
47
   
46
   
14,739,011
   
2.68
   
320,413
   
6.908
   
352
   
732
   
75.16
   
80.37
 
48
   
82
   
28,644,421
   
5.21
   
349,322
   
6.988
   
350
   
724
   
76.14
   
83.84
 
49
   
127
   
51,898,950
   
9.44
   
408,653
   
7.081
   
355
   
725
   
75.63
   
81.33
 
50
   
119
   
54,292,581
   
9.87
   
456,240
   
7.070
   
354
   
717
   
75.82
   
79.82
 
51
   
120
   
55,616,720
   
10.11
   
463,473
   
7.258
   
352
   
719
   
73.16
   
76.03
 
52
   
620
   
315,270,520
   
57.33
   
508,501
   
7.172
   
356
   
725
   
75.33
   
79.54
 
53
   
62
   
28,826,979
   
5.24
   
464,951
   
7.210
   
366
   
716
   
77.14
   
82.82
 
Total
   
1,178
 
$
549,888,841
   
100.00
%
                                   
 

(1) As of March 1, 2008, the weighted average months to the next Mortgage Rate Adjustment Date of the Mortgage Loans was approximately 51 months.
 
Gross Margins(1)
 
Range of
Gross Margins (%)
 
Number of
Mortgage
Loans
 
Aggregate
Principal Balance
Outstanding
 
% of Aggregate Principal Balance Outstanding
 
Average
Principal Balance
Outstanding ($)
 
Weighted Average Current Mortgage Rate (%)
 
Weighted Average Remaining Term to Maturity (Months)
 
Weighted Average FICO Credit Score
 
Weighted Average Original Loan-to-Value Ratio (%)
 
Weighted Average Original Combined Loan-to-Value
Ratio (%)
 
2.001-3.000
   
1,147
 
$
541,247,773
   
98.43
%
 
471,881
   
7.125
   
356
   
723
   
75.06
   
79.62
 
3.001-4.000
   
31
   
8,641,068
   
1.57
   
278,744
   
8.445
   
352
   
709
   
91.66
   
91.66
 
Total
   
1,178
 
$
549,888,841
   
100.00
%
                                   
 

(1) As of March 1, 2008, the weighted average Gross Margin of the Mortgage Loans was approximately 2.274%.
 
Maximum Mortgage Rates(1)
 
Range of Maximum Mortgage Rates (%)
 
Number of
Mortgage
Loans
 
Aggregate
Principal Balance
Outstanding
 
% of Aggregate Principal Balance Outstanding
 
Average
Principal Balance
Outstanding ($)
 
Weighted Average Current Mortgage Rate (%)
 
Weighted Average Remaining Term to Maturity (Months)
 
Weighted Average FICO Credit Score
 
Weighted Average Original Loan-to-Value Ratio (%)
 
Weighted Average Original Combined Loan-to-Value
Ratio (%)
 
9.001 - 10.000
   
1
 
$
198,276
   
0.04
%
 
198,276
   
5.000
   
473
   
669
   
70.00
   
70.00
 
10.001 - 11.000
   
19
   
13,050,357
   
2.37
   
686,861
   
5.838
   
387
   
715
   
63.99
   
66.30
 
11.001 - 12.000
   
498
   
253,895,444
   
46.17
   
509,830
   
6.695
   
355
   
728
   
74.01
   
78.55
 
12.001 - 13.000
   
558
   
248,854,450
   
45.26
   
445,976
   
7.510
   
355
   
722
   
76.45
   
81.18
 
13.001 - 14.000
   
100
   
33,210,819
   
6.04
   
332,108
   
8.349
   
354
   
702
   
81.11
   
84.24
 
14.001 - 15.000
   
2
   
679,495
   
0.12
   
339,748
   
9.250
   
352
   
668
   
90.83
   
90.83
 
Total
   
1,178
 
$
549,888,841
   
100.00
%
                                   
 

(1) As of March 1, 2008, the weighted average Maximum Mortgage Rate of the Mortgage Loans was approximately 12.146% per annum.


A-8


 
Initial Fixed Rate Period
 
Fixed Rate Period (Months)
 
Number of
Mortgage
Loans
 
Aggregate
Principal Balance
Outstanding
 
% of Aggregate Principal Balance Outstanding
 
Average
Principal Balance
Outstanding ($)
 
Weighted Average Current Mortgage Rate (%)
 
Weighted Average Remaining Term to Maturity (Months)
 
Weighted Average FICO Credit Score
 
Weighted Average Original Loan-to-Value Ratio (%)
 
Weighted Average Original Combined Loan-to-Value
Ratio (%)
 
60
   
1,178
 
$
549,888,841
   
100.00
%
 
466,799
   
7.146
   
356
   
723
   
75.32
   
79.80
 
Total
   
1,178
 
$
549,888,841
   
100.00
%
                                   


 
Minimum Mortgage Rates(1)
 
Range of Minimum Mortgage Rates (%)
 
Number of
Mortgage
Loans
 
Aggregate
Principal Balance
Outstanding
 
% of Aggregate Principal Balance Outstanding
 
Average
Principal Balance
Outstanding ($)
 
Weighted Average Current Mortgage Rate (%)
 
Weighted Average Remaining Term to Maturity (Months)
 
Weighted Average FICO Credit Score
 
Weighted Average Original Loan-to-Value Ratio (%)
 
Weighted Average Original Combined Loan-to-Value
Ratio (%)
 
2.001-3.000
   
1,141
 
$
538,512,668
   
97.93
%
 
471,966
   
7.118
   
356
   
723
   
75.06
   
79.62
 
3.001-4.000
   
37
   
11,376,173
   
2.07
   
307,464
   
8.490
   
351
   
708
   
87.66
   
88.69
 
Total
   
1,178
 
$
549,888,841
   
100.00
%
                                   
 

(1) As of March 1, 2008, the weighted average Minimum Mortgage Rate of the Mortgage Loans was approximately 2.282% per annum.

 
Initial Periodic Rate Cap
 
Initial Periodic Rate Cap (%)
 
Number of
Mortgage
Loans
 
Aggregate
Principal Balance
Outstanding
 
% of Aggregate Principal Balance Outstanding
 
Average
Principal Balance
Outstanding ($)
 
Weighted Average Current Mortgage Rate (%)
 
Weighted Average Remaining Term to Maturity (Months)
 
Weighted Average FICO Credit Score
 
Weighted Average Original Loan-to-Value Ratio (%)
 
Weighted Average Original Combined Loan-to-Value
Ratio (%)
 
5.000
   
1,178
 
$
549,888,841
   
100.00
%
 
466,799
   
7.146
   
356
   
723
   
75.32
   
79.80
 
Total
   
1,178
 
$
549,888,841
   
100.00
%
                                   

 
Subsequent Periodic Rate Cap
 
Subsequent
Periodic Rate Cap (%)
 
Number of
Mortgage
Loans
 
Aggregate
Principal Balance
Outstanding
 
% of Aggregate Principal Balance Outstanding
 
Average
Principal Balance
Outstanding ($)
 
Weighted Average Current Mortgage Rate (%)
 
Weighted Average Remaining Term to Maturity (Months)
 
Weighted Average FICO Credit Score
 
Weighted Average Original Loan-to-Value Ratio (%)
 
Weighted Average Original Combined Loan-to-Value
Ratio (%)
 
1.000
   
250
 
$
88,046,843
   
16.01
%
 
352,187
   
6.999
   
351
   
726
   
76.29
   
83.22
 
2.000
   
928
   
461,841,998
   
83.99
   
497,675
   
7.174
   
357
   
723
   
75.14
   
79.15
 
Total
   
1,178
 
$
549,888,841
   
100.00
%
                                   



A-9


 
Maximum Negative Amortization Limit
 
Maximum Negative Amortization Limit (%)
 
Number of
Mortgage
Loans
 
Aggregate
Principal Balance
Outstanding
 
% of Aggregate Principal Balance Outstanding
 
Average
Principal Balance
Outstanding ($)
 
Weighted Average Current Mortgage Rate (%)
 
Weighted Average Remaining Term to Maturity (Months)
 
Weighted Average FICO Credit Score
 
Weighted Average Original Loan-to-Value Ratio (%)
 
Weighted Average Original Combined Loan-to-Value
Ratio (%)
 
110.00
   
50
 
$
18,884,214
   
3.43
%
 
377,684
   
7.297
   
352
   
728
   
78.86
   
80.31
 
115.00
   
1128
   
531,004,627
   
96.57
   
470,749
   
7.141
   
356
   
723
   
75.20
   
79.79
 
Total
   
1,178
 
$
549,888,841
   
100.00
%
                                   


 
Recast Period(1)
 
Recast Period (Months)
 
Number of
Mortgage
Loans
 
Aggregate
Principal Balance
Outstanding
 
% of Aggregate Principal Balance Outstanding
 
Average
Principal Balance
Outstanding ($)
 
Weighted Average Current Mortgage Rate (%)
 
Weighted Average Remaining Term to Maturity (Months)
 
Weighted Average FICO Credit Score
 
Weighted Average Original Loan-to-Value Ratio (%)
 
Weighted Average Original Combined Loan-to-Value
Ratio (%)
 
60
   
262
 
$
93,113,123
   
16.93
%
 
355,394
   
7.004
   
351
   
726
   
76.51
   
83.07
 
120
   
916
   
456,775,718
   
83.07
   
498,663
   
7.175
   
356
   
723
   
75.08
   
79.14
 
Total
   
1,178
 
$
549,888,841
   
100.00
%
                                   
 

(1) At the end of the Recast Period, the amount of the monthly minimum payment adjusts to an amount equal to the monthly interest-only payment calculated at the then-current Mortgage Rate on the unpaid principal balance of the Mortgage Loan; provided, however, that on the ten-year anniversary of the first Due Date for the Mortgage Loan (or at the end of the Recast Period in the case of those Mortgage Loans that have a Recast Period of 120 months), the monthly minimum payment adjusts so that it is sufficient to pay monthly accrued interest at the then-current Mortgage Rate and to amortize fully the then unpaid principal balance of the Mortgage Loan over its remaining amortization term.
 
A-10


ANNEX B
 
[Certificateholder Monthly Distribution Summaries]
 
 
 
 

 
 
 
THE BANK OF NEW YORK
                     
101 Barclay Street, 4 West
               
Distribution Date: 08/27/07
New York, NY 10286
                 
Officer:
Corrie Wagner
212-815-8357
               
Associate:
William Herrmann
212-815-4595
               
CWALT, Inc.
Alternative Loan Trust 2007-OH03
Mortgage Pass-Through Certificates, Series 2007-OH03

Certificateholder Monthly Distribution Summary

                       
Class
Cusip
Class Description
Certificate Rate Type
Beginning Balance
Pass Through Rate (%)
Principal Distribution
Interest Distribution
Total Distribution
Current Realized Losses
Ending Balance
Cumulative Realized Losses
A1A
02151DAC8
Senior
Fix-Act/360
158,685,000.00
5.610000
319,454.62
692,395.55
1,011,850.17
-
158,365,545.38
-
A1B
02151DAD6
Senior
Fix-Act/360
170,000,000.00
5.540000
342,233.26
732,511.11
1,074,744.37
-
169,657,766.74
-
A2
02151DAE4
Senior
Fix-Act/360
136,952,000.00
5.670000
275,703.11
603,958.32
879,661.43
-
136,676,296.89
-
A3
02151DAG9
Senior
Fix-Act/360
82,172,000.00
5.820000
165,423.48
371,965.25
537,388.73
-
82,006,576.52
-
AR
02151DAA2
Senior
Fix-30/360
100.00
0.000000
100.00
-
100.00
-
-
-
CP
02151DAB0
Residual
Fix-Act/360
587,463,192.40
0.000000
-
747,691.37
747,691.37
-
586,360,207.03
-
 
 
 
 
 
 
 
 
 
 
 
 
M1
02151DAH7
Subordinate
Fix-Act/360
9,987,000.00
6.120000
-
47,538.12
47,538.12
-
9,987,000.00
-
M2
02151DAJ3
Subordinate
Fix-Act/360
6,462,000.00
6.320000
-
31,764.32
31,764.32
-
6,462,000.00
-
M3
02151DAK0
Subordinate
Fix-Act/360
2,938,000.00
6.570000
-
15,013.18
15,013.18
-
2,938,000.00
-
M4
02151DAL8
Subordinate
Fix-Act/360
2,937,000.00
7.070000
-
16,150.24
16,150.24
-
2,937,000.00
-
M5
02151DAM6
Subordinate
Fix-Act/360
2,937,000.00
7.070000
-
16,150.24
16,150.24
-
2,937,000.00
-
M6
02151DAN4
Subordinate
Fix-Act/360
3,525,000.00
7.070000
-
19,383.58
19,383.58
-
3,525,000.00
-
M7
02151DAP9
Subordinate
Fix-Act/360
3,231,000.00
7.070000
-
17,766.91
17,766.91
-
3,231,000.00
-
 
 
 
 
 
 
 
 
 
 
 
 
Totals
 
 
 
579,826,100.00
 
1,102,914.47
3,312,288.19
4,415,202.66
-
578,723,185.53
-

Principal Distribution Detail

                   
Class
Cusip
Original Certificate Balance
Beginning Certificate Balance
Scheduled Principal Distribution
Net Principal Distribution
Deferred Interest
Current Realized Losses
Ending Certificate Balance
Ending Certificate Factor
A1A
02151DAC8
158,685,000.00
158,685,000.00
319,454.62
319,454.62
-
-
158,365,545.38
0.997986863
A1B
02151DAD6
170,000,000.00
170,000,000.00
342,233.26
342,233.26
-
-
169,657,766.74
0.997986863
A2
02151DAE4
136,952,000.00
136,952,000.00
275,703.11
275,703.11
-
-
136,676,296.89
0.997986863
A3
02151DAG9
82,172,000.00
82,172,000.00
165,423.48
165,423.48
-
-
82,006,576.52
0.997986863
AR
02151DAA2
100.00
100.00
100.00
100.00
-
-
-
0.000000000
CP
02151DAB0
587,463,192.40
587,463,192.40
-
-
-
-
586,360,207.03
0.998122460
 
 
 
 
 
 
 
 
 
 
M1
02151DAH7
9,987,000.00
9,987,000.00
-
-
-
-
9,987,000.00
1.000000000
M2
02151DAJ3
6,462,000.00
6,462,000.00
-
-
-
-
6,462,000.00
1.000000000
M3
02151DAK0
2,938,000.00
2,938,000.00
-
-
-
-
2,938,000.00
1.000000000
M4
02151DAL8
2,937,000.00
2,937,000.00
-
-
-
-
2,937,000.00
1.000000000
M5
02151DAM6
2,937,000.00
2,937,000.00
-
-
-
-
2,937,000.00
1.000000000
M6
02151DAN4
3,525,000.00
3,525,000.00
-
-
-
-
3,525,000.00
1.000000000
M7
02151DAP9
3,231,000.00
3,231,000.00
-
-
-
-
3,231,000.00
1.000000000
 
 
 
 
 
 
 
 
 
 
Totals
 
579,826,100.00
579,826,100.00
1,102,914.47
1,102,914.47
-
-
578,723,185.53
 

Interest Distribution Detail

                   
Class
Beginning Certificate Balance
Pass Through Rate (%)
Effective Coupon (%)
Current Interest
Total Interest Due
Net Rate Carryover Paid
Net Interest Shortfall
Interest Paid
Net Rate Carryover After Dist.
A1A
158,685,000.00
5.610000
5.610000
692,395.55
692,395.55
-
-
692,395.55
-
A1B
170,000,000.00
5.540000
5.540000
732,511.11
732,511.11
-
-
732,511.11
-
A2
136,952,000.00
5.670000
5.670000
603,958.32
603,958.32
-
-
603,958.32
-
A3
82,172,000.00
5.820000
5.820000
371,965.25
371,965.25
-
-
371,965.25
-
AR
100.00
0.000000
0.000000
-
-
-
-
-
-
CP
587,463,192.40
0.000000
1.636388
-
-
-
-
747,691.37
-
 
 
 
 
 
 
 
 
 
 
M1
9,987,000.00
6.120000
6.120000
47,538.12
47,538.12
-
-
47,538.12
-
M2
6,462,000.00
6.320000
6.320000
31,764.32
31,764.32
-
-
31,764.32
-
M3
2,938,000.00
6.570000
6.570000
15,013.18
15,013.18
-
-
15,013.18
-
M4
2,937,000.00
7.070000
7.070000
16,150.24
16,150.24
-
-
16,150.24
-
M5
2,937,000.00
7.070000
7.070000
16,150.24
16,150.24
-
-
16,150.24
-
M6
3,525,000.00
7.070000
7.070000
19,383.58
19,383.58
-
-
19,383.58
-
M7
3,231,000.00
7.070000
7.070000
17,766.91
17,766.91
-
-
17,766.91
-
 
 
 
 
 
 
 
 
 
 
Totals
579,826,100.00
 
 
2,564,596.82
2,564,596.82
-
-
3,312,288.19
-

Current Payment Information
Factors per $1,000

               
Class
Cusip
Original Certificate Balance
Beginning Certificate Balance
Principal Distribution
Interest Distribution
Ending Certificate Balance
Pass Through Rate (%)
A1A
02151DAC8
158,685,000.00
1000.000000000
2.013136825
4.363333333
997.986863175
5.610000
A1B
02151DAD6
170,000,000.00
1000.000000000
2.013136825
4.308888889
997.986863175
5.540000
A2
02151DAE4
136,952,000.00
1000.000000000
2.013136825
4.410000000
997.986863175
5.670000
A3
02151DAG9
82,172,000.00
1000.000000000
2.013136825
4.526666667
997.986863175
5.820000
AR
02151DAA2
100.00
1000.000000000
1000.000000000
0.000000000
0.000000000
0.000000
CP
02151DAB0
587,463,192.40
1000.000000000
0.000000000
1.272745903
998.122460463
0.000000
 
 
 
 
 
 
 
 
M1
02151DAH7
9,987,000.00
1000.000000000
0.000000000
4.760000000
1000.000000000
6.120000
M2
02151DAJ3
6,462,000.00
1000.000000000
0.000000000
4.915555556
1000.000000000
6.320000
M3
02151DAK0
2,938,000.00
1000.000000000
0.000000000
5.110000000
1000.000000000
6.570000
M4
02151DAL8
2,937,000.00
1000.000000000
0.000000000
5.498888889
1000.000000000
7.070000
M5
02151DAM6
2,937,000.00
1000.000000000
0.000000000
5.498888889
1000.000000000
7.070000
M6
02151DAN4
3,525,000.00
1000.000000000
0.000000000
5.498888889
1000.000000000
7.070000
M7
02151DAP9
3,231,000.00
1000.000000000
0.000000000
5.498888889
1000.000000000
7.070000
 
 
 
 
 
 
 
 
Totals
 
579,826,100.00
1000.000000000
1.902146989
5.712554488
998.097853011
 

THE BANK OF NEW YORK
                     
101 Barclay Street, 4 West
                 
New York, NY 10286
                 
Officer:
Corrie Wagner
212-815-8357
               
Associate:
William Herrmann
212-815-4595
               
CWALT, Inc.
Alternative Loan Trust 2007-OH03
Mortgage Pass-Through Certificates, Series 2007-OH03

Pool Level Data
                   
Distribution Date
             
8/27/2007
 
Cut-off Date
               
7/1/2007
 
Record Date
               
7/31/2007
 
Determination Date
             
8/1/2007
 
LIBOR Determination Date
           
7/26/2007
 
Accrual Period 30/360
   
Begin
       
7/1/2007
 
       
End
       
8/1/2007
 
Number of Days in 30/360 Accrual Period
         
30
 
                     
Accrual Period Actual Days
 
Begin
       
7/30/2007
 
       
End
       
8/27/2007
 
Number of Days in Actual Accrual Period
           
28
 
                     
                     
                     
                     
Additional Rate Detail
     
                     
 
Libor Rate
           
5.3200000%
 
                     
 
Libor Certificates Net Rate Cap
         
7.2501289%
 
                     
                     
                     
                     
                     
                     
Collateral Detail
     
                     
 
Original Mortgage Loan Details
             
                     
 
Original Aggregate Loan Count
         
1,257
 
 
Original Stated Principal Balance
         
587,463,192.40
 
 
Original Weighted Average Mortgage Rate
       
7.16910%
 
 
Original Weighted Average Net Mortgage Rate
       
6.76679%
 
 
Original Weighted Average Remaining Term
       
0
 
                     
 
Current Mortgage Loan Details
             
                     
 
Beginning Aggregate Loan Count
         
1,257
 
 
Loans Paid Off or otherwise removed pursuant to the PSA
     
4
 
 
Ending Aggregate Loan Count
         
1,253
 
                     
 
Beginning Pool Stated Principal Balance
       
587,463,192.40
 
 
Scheduled Principal
           
(1,241,988.34)
 
 
Unscheduled Principal
           
2,344,973.71
 
 
Realized Principal Losses
         
-
 
 
Ending Pool Stated Principal Balance
       
586,360,207.03
 
                     
 
Beginning Weighted Average Mortgage Rate
       
7.16910%
 
 
Beginning Weighted Average Net Mortgage Rate
       
6.76679%
 
 
Ending Weighted Average Mortgage Rate
       
7.16644%
 
 
Ending Weighted Average Net Mortgage Rate
       
6.76407%
 
                     
 
Beginning Weighted Average Remaining Term to Maturity
     
0
 
 
Ending Weighted Average Remaining Term to Maturity
     
363
 
                     
                     
                     
                     
 
Loan Substitution
               
                     
 
Aggregate Stated of Principal Balances Removed
       
-
 
 
Aggregate Stated of Principal Balance Added
       
-
 
 
Aggregate Principal Substitution Shortfall Amount
       
-
 
                     
 
Fees of the Trust
               
                     
 
Gross Master Servicing Fee
         
183,582.25
 
 
Net Master Servicing Fee
           
183,582.25
 
 
Trustee Fee
           
4,405.97
 
 
Certificate Insurance Premium
         
-
 
 
Mortgage Insurance Premium
         
8,965.88
 
 
Total Net Fees of the Trust
         
196,954.10
 
                     
 
Servicer Advances
               
                     
 
Principal Advances
           
(10,778.26)
 
 
Interest Advances
           
26,403.10
 
 
Reimbursement for Principal & Interest Advances
       
-
 
 
Reimbursement for Nonrecoverable Advances
       
-
 
 
Total Advances
           
15,624.84
 
                     
 
Mortgage Prepayment Details
             
                     
 
Principal Balance of Loans Paid in Full
       
1,990,495.86
 
 
Prepayment Interest Excess
         
-
 
 
Prepayment Interest Shortfall
         
-
 
 
Compensating Interest
           
-
 
 
Non-Supported Prepayment Interest Shortfall
       
-
 
 
Prepayment Charges
           
8,774.18
 
 
CPR %
             
4.67659%
 
 
SMM %
             
0.39833%
 
                     
                     
                     
                     
                     
                     
Delinquency Information
     
                     
       
                     
 
Delinquency Info
         
Group 1
 
 
 
 
         
 
 
 
 
30-59 Days
Balance
         
4,355,108.77
0.74274%
 
 
 
Loan Count
         
9
0.71828%
 
 
 
 
         
 
 
 
 
60-89 Days
Balance
         
-
0.00000%
 
 
 
Loan Count
         
0
0.00000%
 
 
 
 
         
 
 
 
 
90+ Days
Balance
         
-
0.00000%
 
 
 
Loan Count
         
0
0.00000%
 
 
 
 
         
 
 
 
 
Total
Balance
         
4,355,108.77
0.74274%
 
   
Loan Count
         
9
0.71828%
 
       
                     
 
Forceclosure Info
         
Group 1
 
 
 
 
         
 
 
 
 
30-59 Days
Balance
         
-
0.00000%
 
 
 
Loan Count
         
0
0.00000%
 
 
 
 
         
 
 
 
 
60-89 Days
Balance
         
-
0.00000%
 
 
 
Loan Count
         
0
0.00000%
 
 
 
 
         
 
 
 
 
90+ Days
Balance
         
-
0.00000%
 
 
 
Loan Count
         
0
0.00000%
 
 
 
 
         
 
 
 
 
Total
Balance
         
-
0.00000%
 
   
Loan Count
         
0
0.00000%
 
       
                     
 
REO Info
         
Group 1
 
 
 
 
         
 
 
 
 
30-59 Days
Balance
         
-
0.00000%
 
 
 
Loan Count
         
0
0.00000%
 
 
 
 
         
 
 
 
 
60-89 Days
Balance
         
-
0.00000%
 
 
 
Loan Count
         
0
0.00000%
 
 
 
 
         
 
 
 
 
90+ Days
Balance
         
-
0.00000%
 
 
 
Loan Count
         
0
0.00000%
 
 
 
 
         
 
 
 
 
Total
Balance
         
-
0.00000%
 
   
Loan Count
         
0
0.00000%
 
       
                     
 
Bankruptcy Info
         
Group 1
 
 
 
 
         
 
 
 
 
30-59 Days
Balance
         
-
0.00000%
 
 
 
Loan Count
         
0
0.00000%
 
 
 
 
         
 
 
 
 
60-89 Days
Balance
         
-
0.00000%
 
 
 
Loan Count
         
0
0.00000%
 
 
 
 
         
 
 
 
 
90+ Days
Balance
         
-
0.00000%
 
 
 
Loan Count
         
0
0.00000%
 
 
 
 
         
 
 
 
 
Total
Balance
         
-
0.00000%
 
   
Loan Count
         
0
0.00000%
 
       
                     
 
Totals for Foreclosure Bankruptcy, REO
         
Group 1
 
 
 
 
         
 
 
 
 
All
Balance
         
-
0.00000%
 
   
Loan Count
         
0
0.00000%
 
       
                     
 
Totals for Foreclosure,REO Bankruptcy, Delinquency
         
Group 1
 
 
 
 
         
 
 
 
 
All
Balance
         
4,355,108.77
0.74274%
 
   
Loan Count
         
9
0.71828%
 
                     
                     
                     
                     
                     
Realized Loss Detail
     
                     
 
Realized Losses
               
                     
 
Current Period Realized Losses
         
-
 
 
Cumulative Realized Losses
         
-
 
 
Total Liquidated Loan Balance
         
-
 
 
Total Liquidated Proceeds
         
-
 
 
Subsequent Recoveries
           
-
 
 
MDR ( Monthly Default Rate )
         
0.00000%
 
 
CDR ( Conditional Default Rate )
         
0.00000%
 
                     
       
                     
Loan ID
     
Liquidation Balance
Liquidation Proceeds
Realized Loss
       
Group I
                   
       
N/A
           
                     
                     
                     
                     
                     
                     
                     
                     
Servicer Remittance Summary
     
                     
 
Interest Remittance Amount
             
                     
 
Scheduled Interest Collected
         
3,509,652.77
 
 
Plus: Compensating Interest
         
-
 
 
Less: Servicing Fees
           
183,582.25
 
 
Less: Mortgage Insurance Premium
         
8,965.88
 
 
Total Interest Remittance Amount
         
3,317,104.65
 
                     
 
Principal Remittance Amount
             
                     
 
Scheduled Principal
           
(1,241,988.34)
 
 
Curtailment Principal
           
354,477.85
 
 
Paid in Full Principal
           
1,990,495.86
 
 
Repurchased Principal
           
-
 
 
Liquidation Principal
           
-
 
 
Subsequent Recoveries
           
-
 
 
Less: Non-Recoverable Principal Advances relating to Principal
     
-
 
 
Total Principal Remittance Amount
         
1,102,985.37
 
                     
 
Other Remittance Amounts
             
                     
 
Prepayment Charge
           
8,774.18
 
 
Other Amounts Required
           
-
 
 
Total Other Remittance
           
8,774.18
 
                     
 
Total Servicer Remittance
         
4,428,864.20
 
                     
                     
                     
                     
                     
                     
Distributable Amounts
     
                     
 
Principal Distribution Amount
             
                     
 
Principal Remittance Amount
         
1,102,985.37
 
 
Plus: Supplemental Loan Deposit
         
-
 
 
Plus: Extra Principal Distribution Amount
       
-
 
 
Less: OC Reduction
           
70.90
 
 
Principal Distribution Amount
         
1,102,914.47
 
                     
 
Interest Funds
               
                     
 
Interest Remittance
           
3,317,104.65
 
 
Less: Trustee Fee
           
4,405.97
 
 
Interest Funds
           
3,312,698.67
 
                     
                     
                     
Distribution Summary
     
                     
 
Amounts Available for Distribution
           
                     
 
Total Servicer Remittance
         
4,428,864.20
 
 
Investment Income
           
-
 
 
Corridor Proceeds
           
-
 
 
Capitalized Interest Account withdrawal
       
-
 
 
Supplemental Loan Deposit
         
-
 
 
Carryover Reserve Fund withdrawal
         
-
 
 
Principal Reserve Fund withdrawal
         
-
 
 
Other Amounts
           
-
 
 
Total Available
           
4,428,864.20
 
                     
 
Distribution Payments
               
                     
 
Trustee Fee
           
4,405.97
 
 
Swap Payments
           
-
 
 
Class Payments
           
4,415,202.66
 
 
Total Payments
           
4,419,608.64
 
                     
                     
                     
                     
                     
                     
Trust Accounts
     
                     
 
Distribution Account
               
                     
 
Beginning Balance
           
-
 
 
Deposit
             
4,428,864.20
 
 
Withdrawal
           
4,428,864.20
 
 
Ending Balance
           
-
 
                     
 
Carryover Reserve Account
             
                     
 
Beginning Balance
           
-
 
 
Deposits
             
-
 
 
Withdrawals
           
-
 
 
Ending Balance
           
-
 
                     
 
A1B Swap Account
               
                     
 
Beginning Balance
           
-
 
 
Deposit
             
-
 
 
Withdrawals
           
-
 
 
Ending Balance
           
-
 
                     
                     
                     
                     
                     
                     
Net Rate Carryover Details
     
                     
 
Net Rate Cap Details
               
                     
 
Libor Rate
           
5.32000%
 
 
Net Rate Cap for A1B
           
7.25013%
 
 
Net Rate Cap for Senior Certs
         
7.25013%
 
 
Net Rate Cap for Subordinate Certs
         
7.25013%
 
                     
       
                     
Class
     
Beginning Balance
Interest Thereon
Current Period Amount
Amount Paid
Ending Amount
   
A1A
     
-
-
-
-
-
   
A1B
     
-
-
-
-
-
   
A2
     
-
-
-
-
-
   
A3
     
-
-
-
-
-
   
M1
     
-
-
-
-
-
   
M2
     
-
-
-
-
-
   
M3
     
-
-
-
-
-
   
M4
     
-
-
-
-
-
   
M5
     
-
-
-
-
-
   
M6
     
-
-
-
-
-
   
M7
     
-
-
-
-
-
   
Total
     
--
--
--
--
--
   
                     
                     
                     
                     
                     
                     
                     
Credit Enhancements
     
                     
 
Overcollateralization Details
             
                     
 
OC Prior
             
-
 
 
OC Floor
             
2,937,315.96
 
 
OC Target
           
7,637,021.50
 
 
OC Deficiency
           
-
 
 
OC Reduction
           
70.90
 
 
OC Ending
           
7,637,021.50
 
                     
                     
                     
                     
                     
                     
Trigger Event Details
     
                     
 
Delinquency Trigger Test
             
                     
 
Current Month
           
-
 
 
1 Month Prior
           
-
 
 
2 Months Prior
           
-
 
                     
 
Three-month Rolling Delinquency Rate
       
0.00000%
 
 
Senior Enhancement Percentage
         
6.75006%
 
 
Specified Delinquency Rate Trigger
         
100.00000%
 
                     
 
Is Delinquency Trigger Event in Effect?
     
NO
   
                     
 
Delinquency Trigger Event applicable only on
           
 
or after the Step-Down Date
             
                     
                     
                     
                     
 
Cumulative Loss Trigger Test
             
                     
 
Cumulative Loss Percentage
         
0.00000%
 
 
Specified Cumulative Loss Percentage
       
100.00000%
 
                     
 
Is Cumulative Loss Trigger Event in Effect?
     
NO
   
                     
 
Cumulative Loss Trigger Event applicable
           
 
only on or after the Step-Down Date
             
                     
 
Is Trigger Event in Effect?
       
NO
   
                     
 
Has Stepdown Date been reached?
     
NO
   
                     
                     
                     
                     
                     
                     
                     
                     
Prepayment Loan Details
     
                     
 
Prepayment Penalties
           
8,774.18
 
                     
       
                     
Loan ID
     
Balance
Paid Off Date
Penalty
State
Rate
Seasoning
Type
Group I
                   
169814535
     
1,113,000.00
8/3/2007
-
CA
8.250
1
Paid in Full
171652114
     
461,020.84
8/7/2007
-
CA
7.250
1
Paid in Full
161898718
     
128,500.00
8/8/2007
-
TN
8.750
1
Paid in Full
168936380
     
283,545.28
8/7/2007
8,774.18
FL
7.750
2
Paid in Full
                     
                     
                     
                     
                     
                     
                     
                     
Stratification Tables
     
                     
                     
                     
                     
                     
 
 
 
Number of Items
Percent of Items
Principal Balance
Percent of Balance
       
< =
 
-
0
0.000
-
0.000
       
-
-
100,000.00
27
2.155
2,206,121.87
0.376
       
100,000.00
-
200,000.00
195
15.563
30,572,957.23
5.214
       
200,000.00
-
300,000.00
255
20.351
63,906,510.75
10.899
       
300,000.00
-
400,000.00
194
15.483
67,930,694.08
11.585
       
400,000.00
-
500,000.00
193
15.403
86,470,453.57
14.747
       
500,000.00
-
600,000.00
115
9.178
63,264,282.96
10.789
       
600,000.00
-
700,000.00
83
6.624
53,495,784.98
9.123
       
700,000.00
-
800,000.00
35
2.793
26,470,753.46
4.514
       
800,000.00
-
900,000.00
34
2.713
28,899,006.76
4.929
       
900,000.00
-
1,000,000.00
41
3.272
39,826,706.88
6.792
       
1,000,000.00
-
1,100,000.00
9
0.718
9,442,671.39
1.610
       
1,100,000.00
-
1,200,000.00
9
0.718
10,539,846.34
1.798
       
1,200,000.00
-
1,300,000.00
13
1.038
16,393,630.75
2.796
       
1,300,000.00
-
1,400,000.00
10
0.798
13,453,131.02
2.294
       
1,400,000.00
-
1,500,000.00
10
0.798
14,698,625.65
2.507
       
1,500,000.00
-
1,600,000.00
3
0.239
4,685,471.74
0.799
       
1,600,000.00
-
1,700,000.00
5
0.399
8,223,856.89
1.403
       
1,700,000.00
-
1,800,000.00
4
0.319
7,033,136.90
1.199
       
1,800,000.00
-
1,900,000.00
5
0.399
9,240,820.44
1.576
       
1,900,000.00
-
2,000,000.00
3
0.239
5,973,365.75
1.019
       
>
 
2,000,000.00
10
0.798
23,632,377.62
4.030
       
 
 
Wgt Ave / Total:
1253
100.000
586,360,207.03
100.000
       
 
         
 
       
 
 
 
 
 
 
 
       
                     
                     
                     
                     
                     
 
 
 
Number of Items
Percent of Items
Principal Balance
Percent of Balance
       
< =
 
0.0
0
0.000
-
0.000
       
0.0
-
0.5
0
0.000
-
0.000
       
0.5
-
1.0
0
0.000
-
0.000
       
1.0
-
1.5
0
0.000
-
0.000
       
1.5
-
2.0
0
0.000
-
0.000
       
2.0
-
2.5
0
0.000
-
0.000
       
2.5
-
3.0
0
0.000
-
0.000
       
3.0
-
3.5
0
0.000
-
0.000
       
3.5
-
4.0
0
0.000
-
0.000
       
4.0
-
4.5
0
0.000
-
0.000
       
4.5
-
5.0
1
0.080
196,000.00
0.033
       
5.0
-
5.5
3
0.239
2,890,283.86
0.493
       
5.5
-
6.0
17
1.357
10,124,833.44
1.727
       
6.0
-
6.5
133
10.615
72,829,876.96
12.421
       
6.5
-
7.0
388
30.966
191,528,834.01
32.664
       
7.0
-
7.5
356
28.412
166,147,926.30
28.335
       
7.5
-
8.0
238
18.994
103,237,935.36
17.607
       
8.0
-
8.5
97
7.741
32,223,547.27
5.496
       
8.5
-
9.0
18
1.437
6,511,812.69
1.111
       
9.0
-
9.5
2
0.160
669,157.14
0.114
       
9.5
-
10.0
0
0.000
-
0.000
       
>
 
10.0
0
0.000
-
0.000
       
 
 
Wgt Ave / Total:
1253
100.000
586,360,207.03
100.000
       
 
         
 
       
 
 
 
 
 
 
 
       
                     
                     
                     
                     
                     
 
 
Location
Number of Items
Percent of Items
Principal Balance
Percent of Balance
       
 
 
CA
532
42.458
301,373,727.91
51.397
       
 
 
FL
183
14.605
69,874,159.67
11.917
       
 
 
AZ
47
3.751
17,334,170.47
2.956
       
 
 
VA
18
1.437
8,654,965.09
1.476
       
 
 
WA
94
7.502
39,664,549.75
6.765
       
 
 
CO
15
1.197
5,301,191.37
0.904
       
 
 
Others
364
29.050
144,157,442.77
24.585
       
 
 
Wgt Ave / Total:
1253
100.000
586,360,207.03
100.000
       
 
         
 
       
 
 
 
 
 
 
 
       
                     
                     
                     
                     
                     
 
 
 
Number of Items
Percent of Items
Principal Balance
Percent of Balance
       
< =
 
120
0
0.000
-
0.000
       
120
-
180
0
0.000
-
0.000
       
180
-
300
0
0.000
-
0.000
       
300
-
360
1207
96.329
564,602,378.55
96.289
       
>
 
360
46
3.671
21,757,828.48
3.711
       
 
 
Wgt Ave / Total:
1253
100.000
586,360,207.03
100.000
       


 
 

 


THE BANK OF NEW YORK
                     
101 Barclay Street, 4 West
               
Distribution Date: 09/25/07
New York, NY 10286
                 
Officer:
Corrie Wagner
212-815-8357
               
Associate:
William Herrmann
212-815-4595
               
CWALT, Inc.
Alternative Loan Trust 2007-OH03
Mortgage Pass-Through Certificates, Series 2007-OH03

Certificateholder Monthly Distribution Summary

                       
Class
Cusip
Class Description
Certificate Rate Type
Beginning Balance
Pass Through Rate (%)
Principal Distribution
Interest Distribution
Total Distribution
Current Realized Losses
Ending Balance
Cumulative Realized Losses
A1A
02151DAC8
Senior
Fix-Act/360
158,365,545.38
5.795000
2,111,860.63
739,281.16
2,851,141.79
-
156,253,684.76
-
A1B
02151DAD6
Senior
Fix-Act/360
169,657,766.74
5.725000
2,262,446.40
782,428.63
3,044,875.03
-
167,395,320.34
-
A2
02151DAE4
Senior
Fix-Act/360
136,676,296.89
5.855000
1,822,626.82
644,637.55
2,467,264.37
-
134,853,670.07
-
A3
02151DAG9
Senior
Fix-Act/360
82,006,576.52
6.005000
1,093,586.74
396,695.42
1,490,282.16
-
80,912,989.78
-
AR
02151DAA2
Senior
Fix-30/360
-
0.000000
-
-
-
-
-
-
CP
02151DAB0
Residual
Fix-Act/360
586,360,207.03
0.000000
-
564,123.56
564,123.56
-
579,069,686.45
-
 
 
 
 
 
 
 
 
 
 
 
 
M1
02151DAH7
Subordinate
Fix-Act/360
9,987,000.00
6.305000
-
50,724.25
50,724.25
-
9,987,000.00
-
M2
02151DAJ3
Subordinate
Fix-Act/360
6,462,000.00
6.505000
-
33,861.78
33,861.78
-
6,462,000.00
-
M3
02151DAK0
Subordinate
Fix-Act/360
2,938,000.00
6.755000
-
15,987.21
15,987.21
-
2,938,000.00
-
M4
02151DAL8
Subordinate
Fix-Act/360
2,937,000.00
6.997312
-
17,164.73
17,164.73
-
2,937,000.00
-
M5
02151DAM6
Subordinate
Fix-Act/360
2,937,000.00
6.997312
-
17,164.73
17,164.73
-
2,937,000.00
-
M6
02151DAN4
Subordinate
Fix-Act/360
3,525,000.00
6.997312
-
20,601.18
20,601.18
-
3,525,000.00
-
M7
02151DAP9
Subordinate
Fix-Act/360
3,231,000.00
6.997312
-
18,882.95
18,882.95
-
3,231,000.00
-
 
 
 
 
 
 
 
 
 
 
 
 
Totals
 
 
 
578,723,185.53
 
7,290,520.59
3,301,553.15
10,592,073.74
-
571,432,664.95
-

Principal Distribution Detail

                   
Class
Cusip
Original Certificate Balance
Beginning Certificate Balance
Scheduled Principal Distribution
Net Principal Distribution
Deferred Interest
Current Realized Losses
Ending Certificate Balance
Ending Certificate Factor
A1A
02151DAC8
158,685,000.00
158,365,545.38
2,111,860.63
2,111,860.63
-
-
156,253,684.76
0.984678355
A1B
02151DAD6
170,000,000.00
169,657,766.74
2,262,446.40
2,262,446.40
-
-
167,395,320.34
0.984678355
A2
02151DAE4
136,952,000.00
136,676,296.89
1,822,626.82
1,822,626.82
-
-
134,853,670.07
0.984678355
A3
02151DAG9
82,172,000.00
82,006,576.52
1,093,586.74
1,093,586.74
-
-
80,912,989.78
0.984678355
AR
02151DAA2
100.00
-
-
-
-
-
-
0.000000000
CP
02151DAB0
587,463,192.40
586,360,207.03
-
-
-
-
579,069,686.45
0.985712286
 
 
 
 
 
 
 
 
 
 
M1
02151DAH7
9,987,000.00
9,987,000.00
-
-
-
-
9,987,000.00
1.000000000
M2
02151DAJ3
6,462,000.00
6,462,000.00
-
-
-
-
6,462,000.00
1.000000000
M3
02151DAK0
2,938,000.00
2,938,000.00
-
-
-
-
2,938,000.00
1.000000000
M4
02151DAL8
2,937,000.00
2,937,000.00
-
-
-
-
2,937,000.00
1.000000000
M5
02151DAM6
2,937,000.00
2,937,000.00
-
-
-
-
2,937,000.00
1.000000000
M6
02151DAN4
3,525,000.00
3,525,000.00
-
-
-
-
3,525,000.00
1.000000000
M7
02151DAP9
3,231,000.00
3,231,000.00
-
-
-
-
3,231,000.00
1.000000000
 
 
 
 
 
 
 
 
 
 
Totals
 
579,826,100.00
578,723,185.53
7,290,520.59
7,290,520.59
-
-
571,432,664.95
 

Interest Distribution Detail

                   
Class
Beginning Certificate Balance
Pass Through Rate (%)
Effective Coupon (%)
Current Interest
Total Interest Due
Net Rate Carryover Paid
Net Interest Shortfall
Interest Paid
Net Rate Carryover After Dist.
A1A
158,365,545.38
5.795000
5.795000
739,281.16
739,281.16
-
-
739,281.16
-
A1B
169,657,766.74
5.725000
5.725000
782,428.63
782,428.63
-
-
782,428.63
-
A2
136,676,296.89
5.855000
5.855000
644,637.55
644,637.55
-
-
644,637.55
-
A3
82,006,576.52
6.005000
6.005000
396,695.42
396,695.42
-
-
396,695.42
-
AR
-
0.000000
0.000000
-
-
-
-
-
-
CP
586,360,207.03
0.000000
1.194302
-
-
-
-
564,123.56
-
 
 
 
 
 
 
 
 
 
 
M1
9,987,000.00
6.305000
6.305000
50,724.25
50,724.25
-
-
50,724.25
-
M2
6,462,000.00
6.505000
6.505000
33,861.78
33,861.78
-
-
33,861.78
-
M3
2,938,000.00
6.755000
6.755000
15,987.21
15,987.21
-
-
15,987.21
-
M4
2,937,000.00
6.997312
7.255000
16,555.06
16,555.06
609.67
-
17,164.73
-
M5
2,937,000.00
6.997312
7.255000
16,555.06
16,555.06
609.67
-
17,164.73
-
M6
3,525,000.00
6.997312
7.255000
19,869.45
19,869.45
731.73
-
20,601.18
-
M7
3,231,000.00
6.997312
7.255000
18,212.25
18,212.25
670.70
-
18,882.95
-
 
 
 
 
 
 
 
 
 
 
Totals
578,723,185.53
 
 
2,734,807.82
2,734,807.82
2,621.77
-
3,301,553.15
-

Current Payment Information
Factors per $1,000

               
Class
Cusip
Original Certificate Balance
Beginning Certificate Balance
Principal Distribution
Interest Distribution
Ending Certificate Balance
Pass Through Rate (%)
A1A
02151DAC8
158,685,000.00
997.986863175
13.308508221
4.658796730
984.678354954
5.795000
A1B
02151DAD6
170,000,000.00
997.986863175
13.308508221
4.602521360
984.678354954
5.725000
A2
02151DAE4
136,952,000.00
997.986863175
13.308508221
4.707032762
984.678354954
5.855000
A3
02151DAG9
82,172,000.00
997.986863175
13.308508221
4.827622841
984.678354954
6.005000
AR
02151DAA2
100.00
0.000000000
0.000000000
0.000000000
0.000000000
0.000000
CP
02151DAB0
587,463,192.40
998.122460463
0.000000000
0.960270478
985.712286219
0.000000
 
 
 
 
 
 
 
 
M1
02151DAH7
9,987,000.00
1000.000000000
0.000000000
5.079027778
1000.000000000
6.305000
M2
02151DAJ3
6,462,000.00
1000.000000000
0.000000000
5.240138889
1000.000000000
6.505000
M3
02151DAK0
2,938,000.00
1000.000000000
0.000000000
5.441527778
1000.000000000
6.755000
M4
02151DAL8
2,937,000.00
1000.000000000
0.000000000
5.844305556
1000.000000000
6.997312
M5
02151DAM6
2,937,000.00
1000.000000000
0.000000000
5.844305556
1000.000000000
6.997312
M6
02151DAN4
3,525,000.00
1000.000000000
0.000000000
5.844305556
1000.000000000
6.997312
M7
02151DAP9
3,231,000.00
1000.000000000
0.000000000
5.844305556
1000.000000000
6.997312
 
 
 
 
 
 
 
 
Totals
 
579,826,100.00
998.097853011
12.573633008
5.694040248
985.524220020
 

THE BANK OF NEW YORK
                     
101 Barclay Street, 4 West
                 
New York, NY 10286
                 
Officer:
Corrie Wagner
212-815-8357
               
Associate:
William Herrmann
212-815-4595
               
CWALT, Inc.
Alternative Loan Trust 2007-OH03
Mortgage Pass-Through Certificates, Series 2007-OH03

Pool Level Data
                   
Distribution Date
               
9/25/2007
 
Cut-off Date
               
7/1/2007
 
Record Date
               
8/31/2007
 
Determination Date
             
9/1/2007
 
LIBOR Determination Date
             
8/23/2007
 
Accrual Period 30/360
   
Begin
       
8/1/2007
 
       
End
       
9/1/2007
 
Number of Days in 30/360 Accrual Period
           
30
 
                     
Accrual Period Actual Days
   
Begin
       
8/27/2007
 
       
End
       
9/25/2007
 
Number of Days in Actual Accrual Period
           
29
 
                     
                     
                     
                     
Additional Rate Detail
     
                     
 
Libor Rate
           
5.5050000%
 
                     
 
Libor Certificates Net Rate Cap
         
6.9973123%
 
                     
                     
                     
                     
                     
                     
Collateral Detail
     
                     
 
Original Mortgage Loan Details
             
                     
 
Original Aggregate Loan Count
         
1,257
 
 
Original Stated Principal Balance
         
587,463,192.40
 
 
Original Weighted Average Mortgage Rate
       
7.16910%
 
 
Original Weighted Average Net Mortgage Rate
       
6.76679%
 
 
Original Weighted Average Remaining Term
       
364
 
                     
 
Current Mortgage Loan Details
             
                     
 
Beginning Aggregate Loan Count
         
1,253
 
 
Loans Paid Off or otherwise removed pursuant to the PSA
     
13
 
 
Ending Aggregate Loan Count
         
1,240
 
                     
 
Beginning Pool Stated Principal Balance
       
586,360,207.03
 
 
Scheduled Principal
           
(1,310,326.56)
 
 
Unscheduled Principal
           
8,600,847.14
 
 
Realized Principal Losses
           
-
 
 
Ending Pool Stated Principal Balance
         
579,069,686.45
 
                     
 
Beginning Weighted Average Mortgage Rate
       
7.16644%
 
 
Beginning Weighted Average Net Mortgage Rate
       
6.76407%
 
 
Ending Weighted Average Mortgage Rate
       
7.16427%
 
 
Ending Weighted Average Net Mortgage Rate
       
6.76163%
 
                     
 
Beginning Weighted Average Remaining Term to Maturity
     
363
 
 
Ending Weighted Average Remaining Term to Maturity
       
362
 
                     
                     
                     
                     
 
Loan Substitution
               
                     
 
Aggregate Stated of Principal Balances Removed
       
-
 
 
Aggregate Stated of Principal Balance Added
       
-
 
 
Aggregate Principal Substitution Shortfall Amount
       
-
 
                     
 
Fees of the Trust
               
                     
 
Gross Master Servicing Fee
           
183,237.56
 
 
Net Master Servicing Fee
           
181,254.45
 
 
Trustee Fee
           
4,397.70
 
 
Certificate Insurance Premium
         
-
 
 
Mortgage Insurance Premium
         
8,979.11
 
 
Total Net Fees of the Trust
           
194,631.26
 
                     
 
Servicer Advances
               
                     
 
Principal Advances
           
(27,628.22)
 
 
Interest Advances
           
71,622.47
 
 
Reimbursement for Principal & Interest Advances
       
-
 
 
Reimbursement for Nonrecoverable Advances
       
-
 
 
Total Advances
           
43,994.25
 
                     
 
Mortgage Prepayment Details
             
                     
 
Principal Balance of Loans Paid in Full
         
8,282,861.85
 
 
Prepayment Interest Excess
           
-
 
 
Prepayment Interest Shortfall
         
1,983.12
 
 
Compensating Interest
           
1,983.12
 
 
Non-Supported Prepayment Interest Shortfall
       
-
 
 
Prepayment Charges
           
64,518.62
 
 
CPR %
             
16.21563%
 
 
SMM %
             
1.46355%
 
                     
                     
                     
                     
                     
                     
Delinquency Information
     
                     
       
                     
Delinquency Info
           
Group 1
 
 
 
           
 
 
 
30-59 Days
 
   
Balance
     
10,800,481.46
1.86514%
 
 
 
   
Loan Count
     
26
2.09677%
 
 
 
           
 
 
 
60-89 Days
 
   
Balance
     
900,418.90
0.15549%
 
 
 
   
Loan Count
     
3
0.24194%
 
 
 
           
 
 
 
90+ Days
 
   
Balance
     
-
0.00000%
 
 
 
   
Loan Count
     
0
0.00000%
 
 
 
           
 
 
 
Total
 
   
Balance
     
11,700,900.36
2.02064%
 
       
Loan Count
     
29
2.33871%
 
       
                     
Foreclosure Info
           
Group 1
 
 
 
           
 
 
 
30-59 Days
 
   
Balance
     
-
0.00000%
 
 
 
   
Loan Count
     
0
0.00000%
 
 
 
           
 
 
 
60-89 Days
 
   
Balance
     
-
0.00000%
 
 
 
   
Loan Count
     
0
0.00000%
 
 
 
           
 
 
 
90+ Days
 
   
Balance
     
-
0.00000%
 
 
 
   
Loan Count
     
0
0.00000%
 
 
 
           
 
 
 
Total
 
   
Balance
     
-
0.00000%
 
       
Loan Count
     
0
0.00000%
 
       
                     
REO Info
           
Group 1
 
 
 
           
 
 
 
30-59 Days
 
   
Balance
     
-
0.00000%
 
 
 
   
Loan Count
     
0
0.00000%
 
 
 
           
 
 
 
60-89 Days
 
   
Balance
     
-
0.00000%
 
 
 
   
Loan Count
     
0
0.00000%
 
 
 
           
 
 
 
90+ Days
 
   
Balance
     
-
0.00000%
 
 
 
   
Loan Count
     
0
0.00000%
 
 
 
           
 
 
 
Total
 
   
Balance
     
-
0.00000%
 
       
Loan Count
     
0
0.00000%
 
       
                     
Bankruptcy Info
           
Group 1
 
 
 
           
 
 
 
30-59 Days
 
   
Balance
     
-
0.00000%
 
 
 
   
Loan Count
     
0
0.00000%
 
 
 
           
 
 
 
60-89 Days
 
   
Balance
     
-
0.00000%
 
 
 
   
Loan Count
     
0
0.00000%
 
 
 
           
 
 
 
90+ Days
 
   
Balance
     
-
0.00000%
 
 
 
   
Loan Count
     
0
0.00000%
 
 
 
           
 
 
 
Total
 
   
Balance
     
-
0.00000%
 
       
Loan Count
     
0
0.00000%
 
       
                     
Totals for Foreclosure Bankruptcy, REO
Group 1
 
     
 
 
 
 
             
All
 
-
0.00000%
             
   
0
0.00000%
             
       
                     
Totals for Foreclosure,REO Bankruptcy, Delinquency
Group 1
 
     
 
 
 
 
             
All
 
11,700,900.36
2.02064%
             
   
29
2.33871%
             
                     
                     
                     
                     
                     
Realized Loss Detail
     
                     
 
Realized Losses
               
                     
 
Current Period Realized Losses
         
-
 
 
Cumulative Realized Losses
           
-
 
 
Total Liquidated Loan Balance
         
-
 
 
Total Liquidated Proceeds
           
-
 
 
Subsequent Recoveries
           
-
 
 
MDR ( Monthly Default Rate )
         
0.00000%
 
 
CDR ( Conditional Default Rate )
         
0.00000%
 
                     
       
                     
Loan ID
     
Liquidation Balance
Liquidation Proceeds
Realized Loss
       
Group I
                   
                     
       
N/A
           
                     
                     
                     
                     
                     
                     
                     
                     
                     
Servicer Remittance Summary
     
                     
 
Interest Remittance Amount
             
                     
 
Scheduled Interest Collected
           
3,499,781.85
 
 
Plus: Compensating Interest
           
1,983.12
 
 
Less: Servicing Fees
           
183,237.56
 
 
Less: Mortgage Insurance Premium
         
8,979.11
 
 
Total Interest Remittance Amount
         
3,309,548.29
 
                     
 
Principal Remittance Amount
             
                     
 
Scheduled Principal
           
(1,310,326.56)
 
 
Curtailment Principal
           
317,985.29
 
 
Paid in Full Principal
           
8,282,861.85
 
 
Repurchased Principal
           
-
 
 
Liquidation Principal
           
-
 
 
Subsequent Recoveries
           
-
 
 
Less: Non-Recoverable Principal Advances relating to Principal
     
-
 
 
Total Principal Remittance Amount
         
7,290,520.58
 
                     
 
Other Remittance Amounts
             
                     
 
Prepayment Charge
           
64,518.62
 
 
Other Amounts Required
           
-
 
 
Total Other Remittance
           
64,518.62
 
                     
 
Total Servicer Remittance
           
10,664,587.49
 
                     
                     
                     
                     
                     
                     
Distributable Amounts
     
                     
 
Principal Distribution Amount
             
                     
 
Principal Remittance Amount
         
7,290,520.58
 
 
Plus: Supplemental Loan Deposit
         
-
 
 
Plus: Extra Principal Distribution Amount
       
-
 
 
Less: OC Reduction
           
-
 
 
Principal Distribution Amount
         
7,290,520.58
 
                     
 
Interest Funds
               
                     
 
Interest Remittance
           
3,309,548.29
 
 
Less: Trustee Fee
           
4,397.70
 
 
Interest Funds
           
3,305,150.59
 
                     
                     
                     
Distribution Summary
     
                     
 
Amounts Available for Distribution
             
                     
 
Total Servicer Remittance
           
10,664,587.49
 
 
Investment Income
           
-
 
 
Corridor Proceeds
           
-
 
 
Capitalized Interest Account withdrawal
         
-
 
 
Supplemental Loan Deposit
           
-
 
 
Carryover Reserve Fund withdrawal
         
-
 
 
Principal Reserve Fund withdrawal
         
-
 
 
Other Amounts
           
-
 
 
Total Available
           
10,664,587.49
 
                     
 
Distribution Payments
               
                     
 
Trustee Fee
           
4,397.70
 
 
Swap Payments & Fees
           
9,566.81
 
 
Class Payments
           
10,592,073.72
 
 
Total Payments
           
10,606,038.23
 
                     
                     
                     
                     
                     
                     
Trust Accounts
     
                     
 
Distribution Account
               
                     
 
Beginning Balance
           
-
 
 
Deposit
             
10,664,587.49
 
 
Withdrawal
           
10,664,587.49
 
 
Ending Balance
           
-
 
                     
 
Carryover Reserve Account
             
                     
 
Beginning Balance
           
-
 
 
Deposits
             
2,621.76
 
 
Withdrawals
           
2,621.76
 
 
Ending Balance
           
-
 
                     
 
A1B Swap Account
               
                     
 
Beginning Balance
           
-
 
 
Deposit
             
-
 
 
Withdrawals
           
-
 
 
Ending Balance
           
-
 
                     
                     
                     
                     
                     
                     
Net Rate Carryover Details
     
                     
 
Net Rate Cap Details
               
                     
 
Libor Rate
           
5.50500%
 
 
Net Rate Cap for A1B
           
6.99731%
 
 
Net Rate Cap for Senior Certs
         
6.99731%
 
 
Net Rate Cap for Subordinate Certs
         
6.99731%
 
                     
       
                     
Class
     
Beginning Balance
Interest Thereon
Current Period Amount
Amount Paid
Ending Amount
   
A1A
     
-
-
-
-
-
   
A1B
     
-
-
-
-
-
   
A2
     
-
-
-
-
-
   
A3
     
-
-
-
-
-
   
M1
     
-
-
-
-
-
   
M2
     
-
-
-
-
-
   
M3
     
-
-
-
-
-
   
M4
     
-
-
609.67
609.67
-
   
M5
     
-
-
609.67
609.67
-
   
M6
     
-
-
731.73
731.73
-
   
M7
     
-
-
670.70
670.70
-
   
Total
     
--
--
2,621.77
2,621.77
--
   
                     
                     
                     
                     
                     
                     
                     
Credit Enhancements
     
                     
 
Overcollateralization Details
             
                     
 
OC Prior
             
7,637,021.50
 
 
OC Floor
             
2,937,315.96
 
 
OC Target
           
7,637,021.50
 
 
OC Deficiency
           
-
 
 
OC Reduction
           
-
 
 
OC Ending
           
7,637,021.50
 
                     
                     
                     
                     
                     
                     
Trigger Event Details
     
                     
 
Delinquency Trigger Test
               
                     
 
Current Month
           
900,418.90
 
 
1 Month Prior
           
-
 
 
2 Months Prior
           
-
 
                     
 
Three-month Rolling Delinquency Rate
         
0.05183%
 
 
Senior Enhancement Percentage
         
6.76274%
 
 
Specified Delinquency Rate Trigger
         
100.00000%
 
                     
 
Is Delinquency Trigger Event in Effect?
     
NO
   
                     
 
Delinquency Trigger Event applicable only on
           
 
or after the Step-Down Date
               
                     
                     
                     
                     
 
Cumulative Loss Trigger Test
             
                     
 
Cumulative Loss Percentage
           
0.00000%
 
 
Specified Cumulative Loss Percentage
         
100.00000%
 
                     
 
Is Cumulative Loss Trigger Event in Effect?
     
NO
   
                     
 
Cumulative Loss Trigger Event applicable
           
 
only on or after the Step-Down Date
             
                     
 
Is Trigger Event in Effect?
         
NO
   
                     
 
Has Stepdown Date been reached?
       
NO
   
                     
                     
                     
                     
                     
                     
                     
                     
Prepayment Loan Details
     
                     
 
Prepayment Penalties
           
64,518.62
 
                     
       
                     
Loan ID
     
Balance
Paid Off Date
Penalty
State
Rate
Seasoning
Type
Group I
                   
                     
170810158
     
478,115.07
8/30/2007
-
CA
7.625
2
Paid in Full
108761685
     
887,469.33
8/31/2007
-
FL
7.500
2
Paid in Full
171353620
     
660,638.99
8/24/2007
-
CA
8.125
2
Paid in Full
170058240
     
509,243.12
9/14/2007
-
GA
6.750
2
Paid in Full
168908619
     
1,048,404.54
9/4/2007
-
CA
7.500
2
Paid in Full
                     
167857785
     
168,642.30
9/4/2007
4,983.37
WI
7.375
4
Paid in Full
170856301
     
80,384.77
8/29/2007
-
FL
5.875
2
Paid in Full
168526220
     
367,872.24
9/4/2007
-
CA
7.375
5
Paid in Full
168524619
     
170,124.64
8/29/2007
4,778.36
FL
7.000
6
Paid in Full
168532734
     
155,150.47
9/10/2007
-
MI
7.500
5
Paid in Full
                     
166123540
     
1,003,801.93
9/5/2007
-
CA
6.375
3
Paid in Full
170032122
     
910,051.45
8/27/2007
-
CA
7.375
2
Paid in Full
170129393
     
1,824,183.80
9/11/2007
54,756.89
FL
7.500
2
Paid in Full
                     
                     
                     
                     
                     
                     
                     
                     
                     
Stratification Tables
     
                     
                     
                     
                     
                     
 
 
 
Number of Items
Percent of Items
Principal Balance
Percent of Balance
       
< =
 
-
0
0.000
-
0.000
       
-
-
100,000.00
26
2.097
2,128,696.12
0.368
       
100,000.00
-
200,000.00
192
15.484
30,086,595.36
5.196
       
200,000.00
-
300,000.00
255
20.565
64,025,625.29
11.057
       
300,000.00
-
400,000.00
193
15.565
67,677,017.34
11.687
       
400,000.00
-
500,000.00
192
15.484
86,147,949.58
14.877
       
500,000.00
-
600,000.00
114
9.194
62,850,255.23
10.854
       
600,000.00
-
700,000.00
82
6.613
52,934,517.27
9.141
       
700,000.00
-
800,000.00
35
2.823
26,515,310.63
4.579
       
800,000.00
-
900,000.00
33
2.661
28,047,435.71
4.844
       
900,000.00
-
1,000,000.00
40
3.226
38,991,216.62
6.733
       
1,000,000.00
-
1,100,000.00
7
0.565
7,405,158.42
1.279
       
1,100,000.00
-
1,200,000.00
9
0.726
10,553,490.88
1.822
       
1,200,000.00
-
1,300,000.00
13
1.048
16,418,195.32
2.835
       
1,300,000.00
-
1,400,000.00
10
0.806
13,480,906.60
2.328
       
1,400,000.00
-
1,500,000.00
10
0.806
14,730,718.49
2.544
       
1,500,000.00
-
1,600,000.00
3
0.242
4,695,394.29
0.811
       
1,600,000.00
-
1,700,000.00
5
0.403
8,239,266.23
1.423
       
1,700,000.00
-
1,800,000.00
4
0.323
7,048,271.87
1.217
       
1,800,000.00
-
1,900,000.00
4
0.323
7,433,400.51
1.284
       
1,900,000.00
-
2,000,000.00
3
0.242
5,986,813.36
1.034
       
>
 
2,000,000.00
10
0.806
23,673,451.33
4.088
       
 
 
Wgt Ave / Total:
1240
100.000
579,069,686.45
100.000
       
 
         
 
       
 
 
 
 
 
 
 
       
                     
                     
                     
                     
                     
 
 
 
Number of Items
Percent of Items
Principal Balance
Percent of Balance
       
< =
 
0.000000000000
0
0.000
-
0.000
       
0.000000000000
-
0.500000000000
0
0.000
-
0.000
       
0.500000000000
-
1.000000000000
0
0.000
-
0.000
       
1.000000000000
-
1.500000000000
0
0.000
-
0.000
       
1.500000000000
-
2.000000000000
0
0.000
-
0.000
       
2.000000000000
-
2.500000000000
0
0.000
-
0.000
       
2.500000000000
-
3.000000000000
0
0.000
-
0.000
       
3.000000000000
-
3.500000000000
0
0.000
-
0.000
       
3.500000000000
-
4.000000000000
0
0.000
-
0.000
       
4.000000000000
-
4.500000000000
0
0.000
-
0.000
       
4.500000000000
-
5.000000000000
1
0.081
196,321.07
0.034
       
5.000000000000
-
5.500000000000
3
0.242
2,894,690.24
0.500
       
5.500000000000
-
6.000000000000
16
1.290
10,059,177.86
1.737
       
6.000000000000
-
6.500000000000
132
10.645
71,930,403.32
12.422
       
6.500000000000
-
7.000000000000
386
31.129
191,158,120.05
33.011
       
7.000000000000
-
7.500000000000
349
28.145
161,026,044.28
27.808
       
7.500000000000
-
8.000000000000
237
19.113
102,976,352.92
17.783
       
8.000000000000
-
8.500000000000
96
7.742
31,631,533.12
5.462
       
8.500000000000
-
9.000000000000
18
1.452
6,526,496.69
1.127
       
9.000000000000
-
9.500000000000
2
0.161
670,546.90
0.116
       
9.500000000000
-
10.000000000000
0
0.000
-
0.000
       
>
 
10.000000000000
0
0.000
-
0.000
       
 
 
Wgt Ave / Total:
1240
100.000
579,069,686.45
100.000
       
 
         
 
       
 
 
 
 
 
 
 
       
                     
                     
                     
                     
                     
 
 
Location
Number of Items
Percent of Items
Principal Balance
Percent of Balance
       
 
 
CA
526
42.419
297,415,591.28
51.361
       
 
 
FL
179
14.435
67,035,614.26
11.576
       
 
 
AZ
47
3.790
17,367,570.97
2.999
       
 
 
VA
18
1.452
8,669,284.25
1.497
       
 
 
WA
94
7.581
39,741,977.81
6.863
       
 
 
CO
15
1.210
5,311,047.42
0.917
       
 
 
Others
361
29.113
143,528,600.46
24.786
       
 
 
Wgt Ave / Total:
1240
100.000
579,069,686.45
100.000
       
 
         
 
       
 
 
 
 
 
 
 
       
                     
                     
                     
                     
                     
 
 
 
Number of Items
Percent of Items
Principal Balance
Percent of Balance
       
< =
 
120
0
0.000
-
0.000
       
120
-
180
0
0.000
-
0.000
       
180
-
300
0
0.000
-
0.000
       
300
-
360
1194
96.290
557,265,884.51
96.235
       
>
 
360
46
3.710
21,803,801.94
3.765
       
 
 
Wgt Ave / Total:
1240
100.000
579,069,686.45
100.000
       

 
 

 
 
THE BANK OF NEW YORK
                     
101 Barclay Street, 4 West
               
Distribution Date: 10/25/07
New York, NY 10286
                 
Officer:
Corrie Wagner
212-815-8357
               
Associate:
William Herrmann
212-815-4595
               

CWALT, Inc.
Alternative Loan Trust 2007-OH03
Mortgage Pass-Through Certificates, Series 2007-OH03

Certificateholder Monthly Distribution Summary
                       
Class
Cusip
Class Description
Certificate Rate Type
Beginning Balance
Pass Through
Rate (%)
Principal Distribution
Interest Distribution
Total Distribution
Current Realized Losses
Ending Balance
Cumulative Realized Losses
A1A
02151DAC8
Senior
Fix-Act/360
156,253,684.76
5.421250
608,477.10
705,908.57
1,314,385.67
-
155,645,207.66
-
A1B
02151DAD6
Senior
Fix-Act/360
167,395,320.34
5.351250
651,864.43
746,478.51
1,398,342.94
-
166,743,455.91
-
A2
02151DAE4
Senior
Fix-Act/360
134,853,670.07
5.481250
525,141.98
615,972.23
1,141,114.22
-
134,328,528.08
-
A3
02151DAG9
Senior
Fix-Act/360
80,912,989.78
5.631250
315,088.26
379,701.06
694,789.32
-
80,597,901.53
-
AR
02151DAA2
Senior
Fix-30/360
-
0.000000
-
-
-
-
-
-
CP
02151DAB0
Residual
Fix-Act/360
579,069,686.45
0.000000
-
512,253.72
512,253.72
-
576,969,114.68
-
 
 
 
 
 
 
 
 
 
 
 
 
M1
02151DAH7
Subordinate
Fix-Act/360
9,987,000.00
5.931250
-
49,362.83
49,362.83
-
9,987,000.00
-
M2
02151DAJ3
Subordinate
Fix-Act/360
6,462,000.00
6.131250
-
33,016.78
33,016.78
-
6,462,000.00
-
M3
02151DAK0
Subordinate
Fix-Act/360
2,938,000.00
6.381250
-
15,623.43
15,623.43
-
2,938,000.00
-
M4
02151DAL8
Subordinate
Fix-Act/360
2,937,000.00
6.761628
-
16,841.86
16,841.86
-
2,937,000.00
-
M5
02151DAM6
Subordinate
Fix-Act/360
2,937,000.00
6.761628
-
16,841.86
16,841.86
-
2,937,000.00
-
M6
02151DAN4
Subordinate
Fix-Act/360
3,525,000.00
6.761628
-
20,213.67
20,213.67
-
3,525,000.00
-
M7
02151DAP9
Subordinate
Fix-Act/360
3,231,000.00
6.761628
-
18,527.77
18,527.77
-
3,231,000.00
-
 
 
 
 
 
 
 
 
 
 
 
 
Totals
 
 
 
571,432,664.95
 
2,100,571.77
3,130,742.29
5,231,314.07
-
569,332,093.18
-
 
Principal Distribution Detail
                   
Class
Cusip
Original Certificate Balance
Beginning Certificate Balance
Scheduled Principal Distribution
Net Principal Distribution
Deferred Interest
Current Realized Losses
Ending Certificate Balance
Ending Certificate Factor
A1A
02151DAC8
158,685,000.00
156,253,684.76
608,477.10
608,477.10
-
-
155,645,207.66
0.980843858
A1B
02151DAD6
170,000,000.00
167,395,320.34
651,864.43
651,864.43
-
-
166,743,455.91
0.980843858
A2
02151DAE4
136,952,000.00
134,853,670.07
525,141.98
525,141.98
-
-
134,328,528.08
0.980843858
A3
02151DAG9
82,172,000.00
80,912,989.78
315,088.26
315,088.26
-
-
80,597,901.53
0.980843858
AR
02151DAA2
100.00
-
-
-
-
-
-
0.000000000
CP
02151DAB0
587,463,192.40
579,069,686.45
-
-
-
-
576,969,114.68
0.982136621
 
 
 
 
 
 
 
 
 
 
M1
02151DAH7
9,987,000.00
9,987,000.00
-
-
-
-
9,987,000.00
1.000000000
M2
02151DAJ3
6,462,000.00
6,462,000.00
-
-
-
-
6,462,000.00
1.000000000
M3
02151DAK0
2,938,000.00
2,938,000.00
-
-
-
-
2,938,000.00
1.000000000
M4
02151DAL8
2,937,000.00
2,937,000.00
-
-
-
-
2,937,000.00
1.000000000
M5
02151DAM6
2,937,000.00
2,937,000.00
-
-
-
-
2,937,000.00
1.000000000
M6
02151DAN4
3,525,000.00
3,525,000.00
-
-
-
-
3,525,000.00
1.000000000
M7
02151DAP9
3,231,000.00
3,231,000.00
-
-
-
-
3,231,000.00
1.000000000
 
 
 
 
 
 
 
 
 
 
Totals
 
579,826,100.00
571,432,664.95
2,100,571.77
2,100,571.77
-
-
569,332,093.18
 
 
Interest Distribution Detail
                   
Class
Beginning Certificate Balance
Pass Through Rate (%)
Effective Coupon (%)
Current Interest
Total Interest Due
Net Rate Carryover Paid
Net Interest Shortfall
Interest Paid
Net Rate Carryover After Dist.
A1A
156,253,684.76
5.421250
5.421250
705,908.57
705,908.57
-
-
705,908.57
-
A1B
167,395,320.34
5.351250
5.351250
746,478.51
746,478.51
-
-
746,478.51
-
A2
134,853,670.07
5.481250
5.481250
615,972.23
615,972.23
-
-
615,972.23
-
A3
80,912,989.78
5.631250
5.631250
379,701.06
379,701.06
-
-
379,701.06
-
AR
-
0.000000
0.000000
-
-
-
-
-
-
CP
579,069,686.45
0.000000
1.061538
-
-
-
-
512,253.72
-
 
 
 
 
 
 
 
 
 
 
M1
9,987,000.00
5.931250
5.931250
49,362.83
49,362.83
-
-
49,362.83
-
M2
6,462,000.00
6.131250
6.131250
33,016.78
33,016.78
-
-
33,016.78
-
M3
2,938,000.00
6.381250
6.381250
15,623.43
15,623.43
-
-
15,623.43
-
M4
2,937,000.00
6.761628
6.881250
16,549.08
16,549.08
292.78
-
16,841.86
-
M5
2,937,000.00
6.761628
6.881250
16,549.08
16,549.08
292.78
-
16,841.86
-
M6
3,525,000.00
6.761628
6.881250
19,862.28
19,862.28
351.39
-
20,213.67
-
M7
3,231,000.00
6.761628
6.881250
18,205.68
18,205.68
322.08
-
18,527.77
-
 
 
 
 
 
 
 
 
 
 
Totals
571,432,664.95
 
 
2,617,229.53
2,617,229.53
1,259.03
-
3,130,742.29
-

Current Payment Information
Factors per $1,000
               
Class
Cusip
Original Certificate Balance
Beginning Certificate Balance
Principal Distribution
Interest Distribution
Ending Certificate Balance
Pass Through Rate (%)
A1A
02151DAC8
158,685,000.00
984.678354954
3.834496640
4.448489610
980.843858313
5.421250
A1B
02151DAD6
170,000,000.00
984.678354954
3.834496640
4.391050039
980.843858313
5.351250
A2
02151DAE4
136,952,000.00
984.678354954
3.834496640
4.497723528
980.843858313
5.481250
A3
02151DAG9
82,172,000.00
984.678354954
3.834496640
4.620808322
980.843858313
5.631250
AR
02151DAA2
100.00
0.000000000
0.000000000
0.000000000
0.000000000
0.000000
CP
02151DAB0
587,463,192.40
985.712286219
0.000000000
0.871975861
982.136620888
0.000000
 
 
 
 
 
 
 
 
M1
02151DAH7
9,987,000.00
1000.000000000
0.000000000
4.942708333
1000.000000000
5.931250
M2
02151DAJ3
6,462,000.00
1000.000000000
0.000000000
5.109375000
1000.000000000
6.131250
M3
02151DAK0
2,938,000.00
1000.000000000
0.000000000
5.317708333
1000.000000000
6.381250
M4
02151DAL8
2,937,000.00
1000.000000000
0.000000000
5.734375000
1000.000000000
6.761628
M5
02151DAM6
2,937,000.00
1000.000000000
0.000000000
5.734375000
1000.000000000
6.761628
M6
02151DAN4
3,525,000.00
1000.000000000
0.000000000
5.734375000
1000.000000000
6.761628
M7
02151DAP9
3,231,000.00
1000.000000000
0.000000000
5.734375000
1000.000000000
6.761628
 
 
 
 
 
 
 
 
Totals
 
579,826,100.00
985.524220020
3.622761669
5.399450439
981.901458351
 
 
THE BANK OF NEW YORK
                     
101 Barclay Street, 4 West
                 
New York, NY 10286
                 
Officer:
Corrie Wagner
212-815-8357
               
Associate:
William Herrmann
212-815-4595
               

CWALT, Inc.
Alternative Loan Trust 2007-OH03
Mortgage Pass-Through Certificates, Series 2007-OH03

Pool Level Data
                 
Distribution Date
               
10/25/2007
Cut-off Date
               
7/1/2007
Record Date
               
9/28/2007
Determination Date
             
10/1/2007
LIBOR Determination Date
             
9/21/2007
Accrual Period 30/360
   
Begin
       
9/1/2007
       
End
       
10/1/2007
Number of Days in 30/360 Accrual Period
           
30
                   
Accrual Period Actual Days
   
Begin
       
9/25/2007
       
End
       
10/25/2007
Number of Days in Actual Accrual Period
           
30
                   
                   
                   
                   
Additional Rate Detail
   
                   
 
Libor Rate
           
5.1312500%
                   
 
Libor Certificates Net Rate Cap
         
6.7616277%

Collateral Detail
   
                   
 
Original Mortgage Loan Details
           
                   
 
Original Aggregate Loan Count
         
1,257
 
Original Stated Principal Balance
         
587,463,192.40
 
Original Weighted Average Mortgage Rate
       
7.16910%
 
Original Weighted Average Net Mortgage Rate
       
6.76679%
 
Original Weighted Average Remaining Term
       
364
                   
 
Current Mortgage Loan Details
           
                   
 
Beginning Aggregate Loan Count
         
1,240
 
Loans Paid Off or otherwise removed pursuant to the PSA
     
5
 
Ending Aggregate Loan Count
         
1,235
                   
 
Beginning Pool Stated Principal Balance
       
579,069,686.45
 
Scheduled Principal
           
(1,302,310.52)
 
Unscheduled Principal
           
3,402,882.29
 
Realized Principal Losses
           
-
 
Ending Pool Stated Principal Balance
         
576,969,114.68
                   
 
Beginning Weighted Average Mortgage Rate
       
7.16427%
 
Beginning Weighted Average Net Mortgage Rate
       
6.76163%
 
Ending Weighted Average Mortgage Rate
       
7.16384%
 
Ending Weighted Average Net Mortgage Rate
       
6.76109%
                   
 
Beginning Weighted Average Remaining Term to Maturity
     
362
 
Ending Weighted Average Remaining Term to Maturity
     
361
                   
                   
                   
                   
 
Loan Substitution
             
                   
 
Aggregate Stated of Principal Balances Removed
       
-
 
Aggregate Stated of Principal Balance Added
       
-
 
Aggregate Principal Substitution Shortfall Amount
       
-
                   
 
Fees of the Trust
             
                   
 
Gross Master Servicing Fee
           
180,959.28
 
Net Master Servicing Fee
           
178,212.12
 
Trustee Fee
           
4,343.02
 
Certificate Insurance Premium
         
-
 
Mortgage Insurance Premium
         
8,996.23
 
Total Net Fees of the Trust
           
191,551.38
                   
 
Servicer Advances
             
                   
 
Principal Advances
           
(47,609.21)
 
Interest Advances
           
126,463.98
 
Reimbursement for Principal & Interest Advances
       
-
 
Reimbursement for Nonrecoverable Advances
       
-
 
Total Advances
           
78,854.77
                   
 
Mortgage Prepayment Details
           
                   
 
Principal Balance of Loans Paid in Full
         
2,877,700.26
 
Prepayment Interest Excess
           
-
 
Prepayment Interest Shortfall
         
2,747.15
 
Compensating Interest
           
2,747.15
 
Non-Supported Prepayment Interest Shortfall
       
-
 
Prepayment Charges
           
17,741.69
 
CPR %
             
6.81342%
 
SMM %
             
0.58633%

Delinquency Information
   
                   
     
                   
Delinquency Info
           
Group 1
 
 
           
 
 
30-59 Days
 
   
Balance
     
14,769,901.43
2.55991%
 
 
   
Loan Count
     
28
2.26721%
 
 
           
 
 
60-89 Days
 
   
Balance
     
5,545,049.79
0.96107%
 
 
   
Loan Count
     
13
1.05263%
 
 
           
 
 
90+ Days
 
   
Balance
     
729,060.15
0.12636%
 
 
   
Loan Count
     
2
0.16194%
 
 
           
 
 
Total
 
   
Balance
     
21,044,011.37
3.64734%
       
Loan Count
     
43
3.48178%
     
                   
Foreclosure Info
           
Group 1
 
 
           
 
 
30-59 Days
 
   
Balance
     
-
0.00000%
 
 
   
Loan Count
     
0
0.00000%
 
 
           
 
 
60-89 Days
 
   
Balance
     
-
0.00000%
 
 
   
Loan Count
     
0
0.00000%
 
 
           
 
 
90+ Days
 
   
Balance
     
-
0.00000%
 
 
   
Loan Count
     
0
0.00000%
 
 
           
 
 
Total
 
   
Balance
     
-
0.00000%
       
Loan Count
     
0
0.00000%
     
                   
REO Info
           
Group 1
 
 
           
 
 
30-59 Days
 
   
Balance
     
-
0.00000%
 
 
   
Loan Count
     
0
0.00000%
 
 
           
 
 
60-89 Days
 
   
Balance
     
-
0.00000%
 
 
   
Loan Count
     
0
0.00000%
 
 
           
 
 
90+ Days
 
   
Balance
     
-
0.00000%
 
 
   
Loan Count
     
0
0.00000%
 
 
           
 
 
Total
 
   
Balance
     
-
0.00000%
       
Loan Count
     
0
0.00000%
     
                   
Bankruptcy Info
           
Group 1
 
 
           
 
 
30-59 Days
 
   
Balance
     
-
0.00000%
 
 
   
Loan Count
     
0
0.00000%
 
 
           
 
 
60-89 Days
 
   
Balance
     
-
0.00000%
 
 
   
Loan Count
     
0
0.00000%
 
 
           
 
 
90+ Days
 
   
Balance
     
-
0.00000%
 
 
   
Loan Count
     
0
0.00000%
 
 
           
 
 
Total
 
   
Balance
     
-
0.00000%
       
Loan Count
     
0
0.00000%
     
                   
Totals for Foreclosure Bankruptcy, REO
Group 1
 
   
 
 
 
 
           
All
 
-
0.00000%
           
   
0
0.00000%
           
     
                   
Totals for Foreclosure,REO Bankruptcy, Delinquency
Group 1
 
   
 
 
 
 
           
All
 
21,044,011.37
3.64734%
           
   
43
3.48178%
           

Realized Loss Detail
   
                   
 
Realized Losses
             
                   
 
Current Period Realized Losses
         
-
 
Cumulative Realized Losses
           
-
 
Total Liquidated Loan Balance
         
-
 
Total Liquidated Proceeds
           
-
 
Subsequent Recoveries
           
-
 
MDR ( Monthly Default Rate )
         
0.00000%
 
CDR ( Conditional Default Rate )
         
0.00000%
                   
     
                   
Loan ID
     
Liquidation Balance
Liquidation Proceeds
Realized Loss
     
Group I
                 
                   
       
N/A
         

Servicer Remittance Summary
   
                   
 
Interest Remittance Amount
           
                   
 
Scheduled Interest Collected
           
3,454,429.54
 
Plus: Compensating Interest
           
2,747.15
 
Less: Servicing Fees
           
180,959.28
 
Less: Mortgage Insurance Premium
         
8,996.23
 
Total Interest Remittance Amount
         
3,267,221.18
                   
 
Principal Remittance Amount
           
                   
 
Scheduled Principal
           
(1,302,310.52)
 
Curtailment Principal
           
525,182.03
 
Paid in Full Principal
           
2,877,700.26
 
Repurchased Principal
           
-
 
Liquidation Principal
           
-
 
Subsequent Recoveries
           
-
 
Less: Non-Recoverable Principal Advances relating to Principal
     
-
 
Total Principal Remittance Amount
         
2,100,571.77
                   
 
Other Remittance Amounts
           
                   
 
Prepayment Charge
           
17,741.69
 
Other Amounts Required
           
-
 
Total Other Remittance
           
17,741.69
                   
 
Total Servicer Remittance
           
5,385,534.64
                   
                   
                   
                   
                   
                   
Distributable Amounts
   
                   
 
Principal Distribution Amount
           
                   
 
Principal Remittance Amount
         
2,100,571.77
 
Plus: Supplemental Loan Deposit
         
-
 
Plus: Extra Principal Distribution Amount
       
-
 
Less: OC Reduction
           
-
 
Principal Distribution Amount
         
2,100,571.77
                   
 
Interest Funds
             
                   
 
Interest Remittance
           
3,267,221.18
 
Less: Trustee Fee
           
4,343.02
 
Interest Funds
           
3,262,878.16
                   
                   
                   
Distribution Summary
   
                   
 
Amounts Available for Distribution
           
                   
 
Total Servicer Remittance
           
5,385,534.64
 
Investment Income
           
-
 
Corridor Proceeds
           
-
 
Capitalized Interest Account withdrawal
         
-
 
Supplemental Loan Deposit
           
-
 
Carryover Reserve Fund withdrawal
         
-
 
Principal Reserve Fund withdrawal
         
-
 
Other Amounts
           
-
 
Total Available
           
5,385,534.64
                   
 
Distribution Payments
             
                   
 
Trustee Fee
           
4,343.02
 
Swap Payments (Out) & Fees
         
149,877.56
 
Class Payments
           
5,231,314.06
 
Total Payments
           
5,385,534.64
                   
                   
                   
                   
                   
                   
Trust Accounts
   
                   
 
Distribution Account
             
                   
 
Beginning Balance
           
-
 
Deposit
             
5,385,534.64
 
Withdrawal
           
5,385,534.64
 
Ending Balance
           
-
                   
 
Carryover Reserve Account
           
                   
 
Beginning Balance
           
-
 
Deposits
             
1,259.02
 
Withdrawals
           
1,259.02
 
Ending Balance
           
-
                   
 
Full Swap Account
             
                   
 
Beginning Balance
           
-
 
Deposits
             
140,112.83
 
Withdrawals
           
140,112.83
 
Ending Balance
           
-
                   
                   
                   
                   
 
A1B Swap Account
             
                   
 
Beginning Balance
           
-
 
Deposit
             
-
 
Withdrawals
           
-
 
Ending Balance
           
-
                   
                   
                   
                   
                   
                   
Net Rate Carryover Details
   
                   
 
Net Rate Cap Details
             
                   
 
Libor Rate
           
5.13125%
 
Net Rate Cap for A1B
           
6.76163%
 
Net Rate Cap for Senior Certs
         
6.76163%
 
Net Rate Cap for Subordinate Certs
         
6.76163%
                   
     
 
Class
   
Beginning Balance
Interest Thereon
Current Period Amount
Amount Paid
Ending Amount
 
A1A
   
-
-
-
-
-
 
A1B
   
-
-
-
-
-
 
A2
   
-
-
-
-
-
 
A3
   
-
-
-
-
-
 
M1
   
-
-
-
-
-
 
M2
   
-
-
-
-
-
 
M3
   
-
-
-
-
-
 
M4
   
-
-
292.78
292.78
-
 
M5
   
-
-
292.78
292.78
-
 
M6
   
-
-
351.39
351.39
-
 
M7
   
-
-
322.08
322.08
-
 
Total
   
--
--
1,259.03
1,259.03
--
 

Credit Enhancements
   
                   
 
Overcollateralization Details
           
                   
 
OC Prior
             
7,637,021.50
 
OC Floor
             
2,937,315.96
 
OC Target
           
7,637,021.50
 
OC Deficiency
           
-
 
OC Reduction
           
-
 
OC Ending
           
7,637,021.50
                   
                   
                   
                   
                   
                   
Trigger Event Details
   
                   
 
Delinquency Trigger Test
             
                   
 
Current Month
           
6,274,109.94
 
1 Month Prior
           
900,418.90
 
2 Months Prior
           
-
                   
 
Three-month Rolling Delinquency Rate
         
0.41431%
 
Senior Enhancement Percentage
         
6.84788%
 
Specified Delinquency Rate Trigger
         
100.00000%
                   
 
Is Delinquency Trigger Event in Effect?
     
NO
 
                   
 
Delinquency Trigger Event applicable only on
         
 
or after the Step-Down Date
             
                   
                   
                   
                   
 
Cumulative Loss Trigger Test
           
                   
 
Cumulative Loss Percentage
           
0.00000%
 
Specified Cumulative Loss Percentage
         
100.00000%
                   
 
Is Cumulative Loss Trigger Event in Effect?
     
NO
 
                   
 
Cumulative Loss Trigger Event applicable
         
 
only on or after the Step-Down Date
           
                   
 
Is Trigger Event in Effect?
         
NO
 
                   
 
Has Stepdown Date been reached?
       
NO
 

Prepayment Loan Details
     
                     
 
Prepayment Penalties
           
17,741.69
 
                     
       
                     
Loan ID
     
Balance
Paid Off Date
Penalty
State
Rate
Seasoning
Type
Group I
                   
                     
171320838
     
186,843.35
10/2/2007
-
NC
7.750
3
Paid in Full
169995541
     
939,237.89
10/10/2007
-
CA
7.375
3
Paid in Full
133215656
     
985,954.73
9/19/2007
-
CA
7.000
3
Paid in Full
168526892
     
170,582.63
9/18/2007
-
NJ
7.250
6
Paid in Full
170764148
     
590,711.83
10/1/2007
17,741.69
FL
7.500
3
Paid in Full

Stratification Tables
               
               
               
               
               
 
 
 
Number of Items
Percent of Items
Principal Balance
Percent of Balance
 
< =
 
-
0
0.000
-
0.000
 
-
-
100,000.00
26
2.105
2,128,795.12
0.369
 
100,000.00
-
200,000.00
190
15.385
29,774,706.41
5.161
 
200,000.00
-
300,000.00
255
20.648
64,141,885.23
11.117
 
300,000.00
-
400,000.00
193
15.628
67,803,689.32
11.752
 
400,000.00
-
500,000.00
192
15.547
86,035,949.76
14.912
 
500,000.00
-
600,000.00
113
9.150
62,364,794.19
10.809
 
600,000.00
-
700,000.00
82
6.640
53,031,544.34
9.191
 
700,000.00
-
800,000.00
35
2.834
26,560,133.57
4.603
 
800,000.00
-
900,000.00
33
2.672
28,087,818.81
4.868
 
900,000.00
-
1,000,000.00
38
3.077
37,142,729.29
6.438
 
1,000,000.00
-
1,100,000.00
7
0.567
7,420,434.21
1.286
 
1,100,000.00
-
1,200,000.00
9
0.729
10,571,981.44
1.832
 
1,200,000.00
-
1,300,000.00
13
1.053
16,444,094.46
2.850
 
1,300,000.00
-
1,400,000.00
10
0.810
13,508,843.95
2.341
 
1,400,000.00
-
1,500,000.00
10
0.810
14,762,695.83
2.559
 
1,500,000.00
-
1,600,000.00
3
0.243
4,705,374.24
0.816
 
1,600,000.00
-
1,700,000.00
5
0.405
8,254,772.68
1.431
 
1,700,000.00
-
1,800,000.00
4
0.324
7,063,496.00
1.224
 
1,800,000.00
-
1,900,000.00
4
0.324
7,450,266.44
1.291
 
1,900,000.00
-
2,000,000.00
3
0.243
6,000,343.33
1.040
 
>
 
2,000,000.00
10
0.810
23,714,766.06
4.110
 
 
 
Wgt Ave / Total:
1235
100.000
576,969,114.68
100.000
 
 
         
 
 
 
 
 
 
 
 
 
 
               
               
               
               
               
 
 
 
Number of Items
Percent of Items
Principal Balance
Percent of Balance
 
< =
 
0.000000000000
0
0.000
-
0.000
 
0.000000000000
-
0.500000000000
0
0.000
-
0.000
 
0.500000000000
-
1.000000000000
0
0.000
-
0.000
 
1.000000000000
-
1.500000000000
0
0.000
-
0.000
 
1.500000000000
-
2.000000000000
0
0.000
-
0.000
 
2.000000000000
-
2.500000000000
0
0.000
-
0.000
 
2.500000000000
-
3.000000000000
0
0.000
-
0.000
 
3.000000000000
-
3.500000000000
0
0.000
-
0.000
 
3.500000000000
-
4.000000000000
0
0.000
-
0.000
 
4.000000000000
-
4.500000000000
0
0.000
-
0.000
 
4.500000000000
-
5.000000000000
1
0.081
196,643.47
0.034
 
5.000000000000
-
5.500000000000
3
0.243
2,899,052.81
0.502
 
5.500000000000
-
6.000000000000
16
1.296
10,075,772.07
1.746
 
6.000000000000
-
6.500000000000
132
10.688
72,035,891.88
12.485
 
6.500000000000
-
7.000000000000
385
31.174
190,235,456.18
32.972
 
7.000000000000
-
7.500000000000
346
28.016
159,608,097.57
27.663
 
7.500000000000
-
8.000000000000
236
19.109
103,004,717.97
17.853
 
8.000000000000
-
8.500000000000
96
7.773
31,699,123.91
5.494
 
8.500000000000
-
9.000000000000
18
1.457
6,542,410.37
1.134
 
9.000000000000
-
9.500000000000
2
0.162
671,948.45
0.116
 
9.500000000000
-
10.000000000000
0
0.000
-
0.000
 
>
 
10.000000000000
0
0.000
-
0.000
 
 
 
Wgt Ave / Total:
1235
100.000
576,969,114.68
100.000
 
 
         
 
 
 
 
 
 
 
 
 
 
               
               
               
               
               
 
 
Location
Number of Items
Percent of Items
Principal Balance
Percent of Balance
 
 
 
CA
524
42.429
296,030,363.02
51.308
 
 
 
FL
178
14.413
66,302,130.50
11.491
 
 
 
AZ
47
3.806
17,401,515.91
3.016
 
 
 
VA
18
1.457
8,684,691.34
1.505
 
 
 
WA
94
7.611
39,816,005.67
6.901
 
 
 
CO
15
1.215
5,320,777.31
0.922
 
 
 
Others
359
29.069
143,413,630.93
24.856
 
 
 
Wgt Ave / Total:
1235
100.000
576,969,114.68
100.000
 
 
         
 
 
 
 
 
 
 
 
 
 
               
               
               
               
               
 
 
 
Number of Items
Percent of Items
Principal Balance
Percent of Balance
 
< =
 
120
0
0.000
-
0.000
 
120
-
180
0
0.000
-
0.000
 
180
-
300
0
0.000
-
0.000
 
300
-
360
1189
96.275
555,118,299.48
96.213
 
>
 
360
46
3.725
21,850,815.20
3.787
 
 
 
Wgt Ave / Total:
1235
100.000
576,969,114.68
100.000
 
 
         
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 

THE
BANK OF
NEW
YORK
           
101 Barclay Street, 4 West
     
Distribution Date: 11/26/07
New York, NY 10286
       
Officer:
Corrie Wagner
212-815-8357
     
Associate:
William Herrmann
212-815-4595
     

CWALT, Inc.
Alternative Loan Trust 2007-OH03
Mortgage Pass-Through Certificates, Series 2007-OH03

Certificateholder Monthly Distribution Summary

Class
Cusip
Class
Description
Certificate
Rate
Type
Beginning
Balance
Pass
Through
Rate (%)
Principal
Distribution
Interest
Distribution
Total
Distribution
Current
Realized
Losses
Ending
Balance
Cumulative
Realized
Losses
A1A
02151DAC8
Senior
Fix-Act/360
155,645,207.66
5.162500
1,040,740.89
714,238.56
1,754,979.45
-
154,604,466.77
-
A1B
02151DAD6
Senior
Fix-Act/360
166,743,455.91
5.092500
1,114,950.70
754,792.04
1,869,742.74
-
165,628,505.22
-
A2
02151DAE4
Senior
Fix-Act/360
134,328,528.08
5.222500
898,204.28
623,582.88
1,521,787.16
-
133,430,323.80
-
A3
02151DAG9
Senior
Fix-Act/360
80,597,901.53
5.372500
538,927.82
384,899.76
923,827.57
-
80,058,973.71
-
AR
02151DAA2
Senior
Fix-30/360
-
0.000000
-
-
-
-
-
-
CP
02151DAB0
Residual
Fix-Act/360
576,969,114.68
0.000000
-
481,322.99
481,322.99
-
573,376,291.00
-
 
 
 
 
               
M1
02151DAH7
Subordinate
Fix-Act/360
9,987,000.00
5.672500
-
50,356.67
50,356.67
-
9,987,000.00
-
M2
02151DAJ3
Subordinate
Fix-Act/360
6,462,000.00
5.872500
-
33,731.64
33,731.64
-
6,462,000.00
-
M3
02151DAK0
Subordinate
Fix-Act/360
2,938,000.00
6.122500
-
15,989.25
15,989.25
-
2,938,000.00
-
M4
02151DAL8
Subordinate
Fix-Act/360
2,937,000.00
6.338526
-
17,289.14
17,289.14
-
2,937,000.00
-
M5
02151DAM6
Subordinate
Fix-Act/360
2,937,000.00
6.338526
-
17,289.14
17,289.14
-
2,937,000.00
-
M6
02151DAN4
Subordinate
Fix-Act/360
3,525,000.00
6.338526
-
20,750.50
20,750.50
-
3,525,000.00
-
M7
02151DAP9
Subordinate
Fix-Act/360
3,231,000.00
6.338526
-
19,019.82
19,019.82
-
3,231,000.00
-
 
 
 
 
               
Totals
 
 
 
569,332,093.18
 
3,592,823.69
3,133,262.39
6,726,086.07
-
565,739,269.50
-

Principal Distribution Detail

Class
Cusip
Original
Certificate
Balance
Beginning
Certificate
Balance
Scheduled
Principal
Distribution
Net
Principal
Distribution
Deferred
Interest
Current
Realized
Losses
Ending
Certificate
Balance
Ending
Certificate
Factor
A1A
02151DAC8
158,685,000.00
155,645,207.66
1,040,740.89
1,040,740.89
-
-
154,604,466.77
0.974285325
A1B
02151DAD6
170,000,000.00
166,743,455.91
1,114,950.70
1,114,950.70
-
-
165,628,505.22
0.974285325
A2
02151DAE4
136,952,000.00
134,328,528.08
898,204.28
898,204.28
-
-
133,430,323.80
0.974285325
A3
02151DAG9
82,172,000.00
80,597,901.53
538,927.82
538,927.82
-
-
80,058,973.71
0.974285325
AR
02151DAA2
100.00
-
-
-
-
-
-
0.000000000
CP
02151DAB0
587,463,192.40
576,969,114.68
-
-
-
-
573,376,291.00
0.976020793
 
 
               
M1
02151DAH7
9,987,000.00
9,987,000.00
-
-
-
-
9,987,000.00
1.000000000
M2
02151DAJ3
6,462,000.00
6,462,000.00
-
-
-
-
6,462,000.00
1.000000000
M3
02151DAK0
2,938,000.00
2,938,000.00
-
-
-
-
2,938,000.00
1.000000000
M4
02151DAL8
2,937,000.00
2,937,000.00
-
-
-
-
2,937,000.00
1.000000000
M5
02151DAM6
2,937,000.00
2,937,000.00
-
-
-
-
2,937,000.00
1.000000000
M6
02151DAN4
3,525,000.00
3,525,000.00
-
-
-
-
3,525,000.00
1.000000000
M7
02151DAP9
3,231,000.00
3,231,000.00
-
-
-
-
3,231,000.00
1.000000000
 
 
               
Totals
 
579,826,100.00
569,332,093.18
3,592,823.69
3,592,823.69
-
-
565,739,269.50
 

Interest Distribution Detail

Class
Beginning
Certificate
Balance
Pass
Through
Rate (%)
Effective
Coupon (%)
Current
Interest
Total
Interest
Due
Net Rate
Carryover
Paid
Net
Interest
Shortfall
Interest
Paid
Net Rate
Carryover
After Dist.
A1A
155,645,207.66
5.162500
5.162500
714,238.56
714,238.56
-
-
714,238.56
-
A1B
166,743,455.91
5.092500
5.092500
754,792.04
754,792.04
-
-
754,792.04
-
A2
134,328,528.08
5.222500
5.222500
623,582.88
623,582.88
-
-
623,582.88
-
A3
80,597,901.53
5.372500
5.372500
384,899.76
384,899.76
-
-
384,899.76
-
AR
-
0.000000
0.000000
-
-
-
-
-
-
CP
576,969,114.68
0.000000
0.938505
-
-
-
-
481,322.99
-
 
                 
M1
9,987,000.00
5.672500
5.672500
50,356.67
50,356.67
-
-
50,356.67
-
M2
6,462,000.00
5.872500
5.872500
33,731.64
33,731.64
-
-
33,731.64
-
M3
2,938,000.00
6.122500
6.122500
15,989.25
15,989.25
-
-
15,989.25
-
M4
2,937,000.00
6.338526
6.622500
16,547.78
16,547.78
741.36
-
17,289.14
-
M5
2,937,000.00
6.338526
6.622500
16,547.78
16,547.78
741.36
-
17,289.14
-
M6
3,525,000.00
6.338526
6.622500
19,860.72
19,860.72
889.78
-
20,750.50
-
M7
3,231,000.00
6.338526
6.622500
18,204.25
18,204.25
815.57
-
19,019.82
-
 
                 
Totals
569,332,093.18
   
2,648,751.33
2,648,751.33
3,188.07
-
3,133,262.39
-

Current Payment Information
Factors per $1,000

Class
Cusip
Original
Certificate
Balance
Beginning
Certificate
Balance
Principal
Distribution
Interest
Distribution
Ending
Certificate
Balance
Pass
Through
Rate (%)
A1A
02151DAC8
158,685,000.00
980.843858313
6.558533503
4.500983483
974.285324810
5.162500
A1B
02151DAD6
170,000,000.00
980.843858313
6.558533503
4.439953199
974.285324810
5.092500
A2
02151DAE4
136,952,000.00
980.843858313
6.558533503
4.553295156
974.285324810
5.222500
A3
02151DAG9
82,172,000.00
980.843858313
6.558533503
4.684074337
974.285324810
5.372500
AR
02151DAA2
100.00
0.000000000
0.000000000
0.000000000
0.000000000
0.000000
CP
02151DAB0
587,463,192.40
982.136620888
0.000000000
0.819324508
976.020793162
0.000000
 
 
           
M1
02151DAH7
9,987,000.00
1000.000000000
0.000000000
5.042222222
1000.000000000
5.672500
M2
02151DAJ3
6,462,000.00
1000.000000000
0.000000000
5.220000000
1000.000000000
5.872500
M3
02151DAK0
2,938,000.00
1000.000000000
0.000000000
5.442222222
1000.000000000
6.122500
M4
02151DAL8
2,937,000.00
1000.000000000
0.000000000
5.886666667
1000.000000000
6.338526
M5
02151DAM6
2,937,000.00
1000.000000000
0.000000000
5.886666667
1000.000000000
6.338526
M6
02151DAN4
3,525,000.00
1000.000000000
0.000000000
5.886666667
1000.000000000
6.338526
M7
02151DAP9
3,231,000.00
1000.000000000
0.000000000
5.886666667
1000.000000000
6.338526
 
 
           
Totals
 
579,826,100.00
981.901458351
6.196381450
5.403796742
975.705076919
 

THE
BANK OF
NEW
YORK
           
101 Barclay Street, 4 West
       
New York, NY 10286
       
Officer:
Corrie Wagner
212-815-8357
     
Associate:
William Herrmann
212-815-4595
     

Pool Level Data
                   
Distribution Date
             
11/26/2007
 
Cut-off Date
               
7/1/2007
 
Record Date
               
10/31/2007
 
Determination Date
             
11/1/2007
 
LIBOR Determination Date
           
10/23/2007
 
Accrual Period 30/360
   
Begin
       
10/1/2007
 
       
End
       
11/1/2007
 
Number of Days in 30/360 Accrual Period
           
30
 
                     
Accrual Period Actual Days
 
Begin
       
10/25/2007
 
       
End
       
11/26/2007
 
Number of Days in Actual Accrual Period
           
32
 
                     
                     
                     
                     
Additional Rate Detail
     
                     
 
Libor Rate
           
4.8725000%
 
                     
 
Libor Certificates Net Rate Cap
         
6.3385265%
 
                     
                     
                     
                     
                     
                     
Collateral Detail
     
                     
 
Original Mortgage Loan Details
             
                     
 
Original Aggregate Loan Count
         
1,257
 
 
Original Stated Principal Balance
         
587,463,192.40
 
 
Original Weighted Average Mortgage Rate
       
7.16910%
 
 
Original Weighted Average Net Mortgage Rate
       
6.76679%
 
 
Original Weighted Average Remaining Term
       
364
 
                     
 
Current Mortgage Loan Details
             
                     
 
Beginning Aggregate Loan Count
         
1,235
 
 
Loans Paid Off or otherwise removed pursuant to the PSA
     
6
 
 
Ending Aggregate Loan Count
         
1,229
 
                     
 
Beginning Pool Stated Principal Balance
       
576,969,114.68
 
 
Scheduled Principal
           
(1,295,084.95)
 
 
Unscheduled Principal
           
4,887,908.63
 
 
Realized Principal Losses
           
-
 
 
Ending Pool Stated Principal Balance
         
573,376,291.00
 
                     
 
Beginning Weighted Average Mortgage Rate
       
7.16384%
 
 
Beginning Weighted Average Net Mortgage Rate
       
6.76109%
 
 
Ending Weighted Average Mortgage Rate
       
7.15853%
 
 
Ending Weighted Average Net Mortgage Rate
       
6.75563%
 
                     
 
Beginning Weighted Average Remaining Term to Maturity
     
361
 
 
Ending Weighted Average Remaining Term to Maturity
     
360
 
                     
                     
                     
                     
 
Loan Substitution
               
                     
 
Aggregate Stated of Principal Balances Removed
       
-
 
 
Aggregate Stated of Principal Balance Added
       
-
 
 
Aggregate Principal Substitution Shortfall Amount
       
-
 
                     
 
Fees of the Trust
               
                     
 
Gross Master Servicing Fee
         
180,302.85
 
 
Net Master Servicing Fee
           
179,432.60
 
 
Trustee Fee
           
4,327.27
 
 
Certificate Insurance Premium
         
-
 
 
Mortgage Insurance Premium
         
9,014.02
 
 
Total Net Fees of the Trust
           
192,773.88
 
                     
 
Servicer Advances
               
                     
 
Principal Advances
           
(54,151.50)
 
 
Interest Advances
           
144,566.00
 
 
Reimbursement for Principal & Interest Advances
       
-
 
 
Reimbursement for Nonrecoverable Advances
       
-
 
 
Total Advances
           
90,414.50
 
                     
 
Mortgage Prepayment Details
             
                     
 
Principal Balance of Loans Paid in Full
       
4,510,289.75
 
 
Prepayment Interest Excess
         
-
 
 
Prepayment Interest Shortfall
         
870.25
 
 
Compensating Interest
           
870.25
 
 
Non-Supported Prepayment Interest Shortfall
       
-
 
 
Prepayment Charges
           
-
 
 
CPR %
             
9.68475%
 
 
SMM %
             
0.84527%
 
                     
                     
                     
                     
                     
                     
Delinquency Information
     
                     
       
                     
Delinquency Info
           
Group 1
 
 
 
           
 
 
 
30-59 Days
 
   
Balance
     
15,756,881.98
2.74809%
 
 
 
   
Loan Count
     
28
2.27828%
 
 
 
             
 
 
60-89 Days
 
   
Balance
     
3,981,019.81
0.69431%
 
 
 
   
Loan Count
     
10
0.81367%
 
 
 
             
 
 
90+ Days
 
   
Balance
     
3,922,599.40
0.68412%
 
 
 
   
Loan Count
     
9
0.73230%
 
 
 
             
 
 
Total
 
   
Balance
     
23,660,501.19
4.12652%
 
       
Loan Count
     
47
3.82425%
 
       
                     
Foreclosure Info
           
Group 1
 
 
 
           
 
 
 
30-59 Days
 
   
Balance
     
-
0.00000%
 
 
 
   
Loan Count
     
0
0.00000%
 
 
 
                 
60-89 Days
 
   
Balance
     
-
0.00000%
 
 
 
   
Loan Count
     
0
0.00000%
 
 
 
                 
90+ Days
 
   
Balance
     
-
0.00000%
 
 
 
   
Loan Count
     
0
0.00000%
 
 
 
                 
Total
 
   
Balance
     
-
0.00000%
 
       
Loan Count
     
0
0.00000%
 
       
                     
REO Info
           
Group 1
 
 
 
           
 
 
 
30-59 Days
 
   
Balance
     
-
0.00000%
 
 
 
   
Loan Count
     
0
0.00000%
 
 
 
             
 
 
60-89 Days
 
   
Balance
     
-
0.00000%
 
 
 
   
Loan Count
     
0
0.00000%
 
 
 
             
 
 
90+ Days
 
   
Balance
     
-
0.00000%
 
 
 
   
Loan Count
     
0
0.00000%
 
 
 
             
 
 
Total
 
   
Balance
     
-
0.00000%
 
       
Loan Count
     
0
0.00000%
 
       
                     
Bankruptcy Info
           
Group 1
 
 
 
           
 
 
 
30-59 Days
 
   
Balance
     
-
0.00000%
 
 
 
   
Loan Count
     
0
0.00000%
 
 
 
             
 
 
60-89 Days
 
   
Balance
     
-
0.00000%
 
 
 
   
Loan Count
     
0
0.00000%
 
 
 
             
 
 
90+ Days
 
   
Balance
     
-
0.00000%
 
 
 
   
Loan Count
     
0
0.00000%
 
 
 
             
 
 
Total
 
   
Balance
     
-
0.00000%
 
       
Loan Count
     
0
0.00000%
 
       
                     
Totals for Foreclosure Bankruptcy, REO
Group 1
 
     
 
 
 
 
             
All
 
-
0.00000%
             
   
0
0.00000%
             
       
                     
Totals for
Foreclosure,REO
Bankruptcy,
Delinquency
Group 1
 
     
 
 
 
 
             
All
 
23,660,501.19
4.12652%
             
   
47
3.82425%
             
                     
                     
                     
                     
                     
Realized Loss Detail
     
                     
 
Realized Losses
               
                     
 
Current Period Realized Losses
         
-
 
 
Cumulative Realized Losses
         
-
 
 
Total Liquidated Loan Balance
         
-
 
 
Total Liquidated Proceeds
           
-
 
 
Subsequent Recoveries
           
-
 
 
MDR ( Monthly Default Rate )
         
0.00000%
 
 
CDR ( Conditional Default Rate )
         
0.00000%
 
                     
       
                     
Loan ID
     
Liquidation Balance
Liquidation Proceeds
Realized Loss
       
Group I
                   
                     
       
N/A
           
                     
                     
                     
                     
                     
                     
                     
                     
                     
Servicer Remittance Summary
     
                     
 
Interest Remittance Amount
             
                     
 
Scheduled Interest Collected
         
3,443,559.67
 
 
Plus: Compensating Interest
         
870.25
 
 
Less: Servicing Fees
           
180,302.85
 
 
Less: Mortgage Insurance Premium
         
9,014.02
 
 
Total Interest Remittance Amount
         
3,255,113.06
 
                     
 
Principal Remittance Amount
             
                     
 
Scheduled Principal
           
(1,295,084.95)
 
 
Curtailment Principal
           
377,618.88
 
 
Paid in Full Principal
           
4,510,289.75
 
 
Repurchased Principal
           
-
 
 
Liquidation Principal
           
-
 
 
Subsequent Recoveries
           
-
 
 
Less: Non-Recoverable Principal Advances relating to Principal
     
-
 
 
Total Principal Remittance Amount
         
3,592,823.68
 
                     
 
Other Remittance Amounts
             
                     
 
Prepayment Charge
           
-
 
 
Other Amounts Required
           
-
 
 
Total Other Remittance
           
-
 
                     
 
Total Servicer Remittance
         
6,847,936.74
 
                     
                     
                     
                     
                     
                     
Distributable Amounts
     
                     
 
Principal Distribution Amount
             
                     
 
Principal Remittance Amount
         
3,592,823.68
 
 
Plus: Supplemental Loan Deposit
         
-
 
 
Plus: Extra Principal Distribution Amount
       
-
 
 
Less: OC Reduction
           
-
 
 
Principal Distribution Amount
         
3,592,823.68
 
                     
 
Interest Funds
               
                     
 
Interest Remittance
           
3,255,113.06
 
 
Less: Trustee Fee
           
4,327.27
 
 
Interest Funds
           
3,250,785.79
 
                     
                     
                     
Distribution Summary
     
                     
 
Amounts Available for Distribution
             
                     
 
Total Servicer Remittance
           
6,847,936.74
 
 
Investment Income
           
-
 
 
Corridor Proceeds
           
-
 
 
Capitalized Interest Account withdrawal
       
-
 
 
Supplemental Loan Deposit
         
-
 
 
Carryover Reserve Fund withdrawal
         
-
 
 
Principal Reserve Fund withdrawal
         
-
 
 
Other Amounts
           
-
 
 
Total Available
           
6,847,936.74
 
                     
 
Distribution Payments
               
                     
 
Trustee Fee
           
4,327.27
 
 
Swap Payments (Out) & Fees
         
117,523.40
 
 
Class Payments
           
6,726,086.08
 
 
Total Payments
           
6,847,936.74
 
                     
                     
                     
                     
                     
                     
Trust Accounts
     
                     
 
Distribution Account
               
                     
 
Beginning Balance
           
-
 
 
Deposit
             
6,847,936.74
 
 
Withdrawal
           
6,847,936.74
 
 
Ending Balance
           
-
 
                     
 
Carryover Reserve Account
             
                     
 
Beginning Balance
           
-
 
 
Deposits
             
3,188.08
 
 
Withdrawals
           
3,188.08
 
 
Ending Balance
           
-
 
                     
 
Full Swap Account
               
                     
 
Beginning Balance
           
-
 
 
Deposits
             
107,148.25
 
 
Withdrawals
           
107,148.25
 
 
Ending Balance
           
-
 
                     
                     
                     
                     
 
A1B Swap Account
               
                     
 
Beginning Balance
           
-
 
 
Deposit
             
-
 
 
Withdrawals
           
-
 
 
Ending Balance
           
-
 
                     
                     
                     
                     
                     
                     
Net Rate Carryover Details
     
                     
 
Net Rate Cap Details
               
                     
 
Libor Rate
           
4.87250%
 
 
Net Rate Cap for A1B
           
6.33853%
 
 
Net Rate Cap for Senior Certs
         
6.33853%
 
 
Net Rate Cap for Subordinate Certs
         
6.33853%
 
                     
       
                     
Class
     
Beginning Balance
Interest Thereon
Current Period Amount
Amount Paid
Ending Amount
   
A1A
     
-
-
-
-
-
   
A1B
     
-
-
-
-
-
   
A2
     
-
-
-
-
-
   
A3
     
-
-
-
-
-
   
M1
     
-
-
-
-
-
   
M2
     
-
-
-
-
-
   
M3
     
-
-
-
-
-
   
M4
     
-
-
741.36
741.36
-
   
M5
     
-
-
741.36
741.36
-
   
M6
     
-
-
889.78
889.78
-
   
M7
     
-
-
815.57
815.57
-
   
Total
     
--
--
3,188.07
3,188.07
--
   
                     
                     
                     
                     
                     
                     
                     
Credit Enhancements
     
                     
 
Overcollateralization Details
             
                     
 
OC Prior
             
7,637,021.50
 
 
OC Floor
             
2,937,315.96
 
 
OC Target
           
7,637,021.50
 
 
OC Deficiency
           
-
 
 
OC Reduction
           
-
 
 
OC Ending
           
7,637,021.50
 
                     
                     
                     
                     
                     
                     
Trigger Event Details
     
                     
 
Delinquency Trigger Test
             
                     
 
Current Month
           
7,903,619.21
 
 
1 Month Prior
           
6,274,109.94
 
 
2 Months Prior
           
900,418.90
 
                     
 
Three-month Rolling Delinquency Rate
       
0.87378%
 
 
Senior Enhancement Percentage
         
6.87282%
 
 
Specified Delinquency Rate Trigger
         
100.00000%
 
                     
 
Is Delinquency Trigger Event in Effect?
     
NO
   
                     
 
Delinquency Trigger Event applicable only on
           
 
or after the Step-Down Date
             
                     
                     
                     
                     
 
Cumulative Loss Trigger Test
             
                     
 
Cumulative Loss Percentage
         
0.00000%
 
 
Specified Cumulative Loss Percentage
       
100.00000%
 
                     
 
Is Cumulative Loss Trigger Event in Effect?
     
NO
   
                     
 
Cumulative Loss Trigger Event applicable
           
 
only on or after the Step-Down Date
             
                     
 
Is Trigger Event in Effect?
       
NO
   
                     
 
Has Stepdown Date been reached?
     
NO
   
                     
                     
                     
                     
                     
                     
                     
                     
Prepayment Loan Details
     
                     
 
Prepayment Penalties
           
-
 
                     
       
                     
Loan ID
     
Balance
Paid Off Date
Penalty
State
Rate
Seasoning
Type
Group I
                   
                     
164880832
     
2,435,882.41
10/31/2007
-
CA
8.000
7
Paid in Full
169429900
     
450,001.06
10/30/2007
-
CA
8.250
4
Paid in Full
165207396
     
210,135.27
11/14/2007
-
FL
7.000
6
Paid in Full
164843427
     
292,239.68
10/19/2007
-
CO
7.875
7
Paid in Full
168527332
     
172,678.16
11/6/2007
-
FL
7.500
8
Paid in Full
                     
171323927
     
939,304.54
11/14/2007
-
CA
7.500
4
Paid in Full
                     
                     
                     
                     
                     
                     
                     
                     
                     
Stratification Tables
     
                     
                     
                     
                     
                     
 
 
 
Number
of Items
Percent
of Items
Principal
Balance
Percent of
Balance
       
< =
 
-
0
0.000
-
0.000
       
-
-
100,000.00
26
2.116
2,131,287.40
0.372
       
100,000.00
-
200,000.00
189
15.378
29,645,478.29
5.170
       
200,000.00
-
300,000.00
254
20.667
63,958,363.67
11.155
       
300,000.00
-
400,000.00
193
15.704
67,827,570.03
11.830
       
400,000.00
-
500,000.00
190
15.460
85,527,922.88
14.917
       
500,000.00
-
600,000.00
113
9.194
62,449,008.28
10.891
       
600,000.00
-
700,000.00
82
6.672
53,133,906.48
9.267
       
700,000.00
-
800,000.00
35
2.848
26,600,672.60
4.639
       
800,000.00
-
900,000.00
33
2.685
28,130,625.65
4.906
       
900,000.00
-
1,000,000.00
37
3.011
36,275,952.49
6.327
       
1,000,000.00
-
1,100,000.00
7
0.570
7,435,892.04
1.297
       
1,100,000.00
-
1,200,000.00
9
0.732
10,592,983.33
1.847
       
1,200,000.00
-
1,300,000.00
13
1.058
16,471,585.00
2.873
       
1,300,000.00
-
1,400,000.00
10
0.814
13,534,804.63
2.361
       
1,400,000.00
-
1,500,000.00
10
0.814
14,794,624.95
2.580
       
1,500,000.00
-
1,600,000.00
3
0.244
4,715,411.94
0.822
       
1,600,000.00
-
1,700,000.00
5
0.407
8,270,368.34
1.442
       
1,700,000.00
-
1,800,000.00
4
0.325
7,078,809.82
1.235
       
1,800,000.00
-
1,900,000.00
4
0.325
7,467,236.06
1.302
       
1,900,000.00
-
2,000,000.00
3
0.244
6,013,956.15
1.049
       
>
 
2,000,000.00
9
0.732
21,319,830.97
3.718
       
   
Wgt Ave / Total:
1229
100.000
573,376,291.00
100.000
       
                     
                     
                     
                     
                     
                     
                     
     
Number
of Items
Percent
of Items
Principal
Balance
Percent
of
Balance
       
< =
 
0.0
0
0.000
-
0.000
       
0.0
-
0.5
0
0.000
-
0.000
       
0.5
-
1.0
0
0.000
-
0.000
       
1.0
-
1.5
0
0.000
-
0.000
       
1.5
-
2.0
0
0.000
-
0.000
       
2.0
-
2.5
0
0.000
-
0.000
       
2.5
-
3.0
0
0.000
-
0.000
       
3.0
-
3.5
0
0.000
-
0.000
       
3.5
-
4.0
0
0.000
-
0.000
       
4.0
-
4.5
0
0.000
-
0.000
       
4.5
-
5.0
1
0.081
196,967.22
0.034
       
5.0
-
5.5
3
0.244
2,903,465.32
0.506
       
5.5
-
6.0
16
1.302
10,089,792.73
1.760
       
6.0
-
6.5
132
10.740
72,140,901.90
12.582
       
6.5
-
7.0
384
31.245
190,355,432.94
33.199
       
7.0
-
7.5
344
27.990
158,683,970.14
27.675
       
7.5
-
8.0
234
19.040
100,484,748.73
17.525
       
8.0
-
8.5
95
7.730
31,290,313.71
5.457
       
8.5
-
9.0
18
1.465
6,557,338.59
1.144
       
9.0
-
9.5
2
0.163
673,359.72
0.117
       
9.5
-
10.0
0
0.000
-
0.000
       
>
 
10.0
0
0.000
-
0.000
       
   
Wgt Ave / Total:
1229
100.000
573,376,291.00
100.000
       
                     
                     
                     
                     
                     
                     
                     
   
Location
Number
of Items
Percent
of Items
Principal
Balance
Percent of
Balance
       
   
CA
521
42.392
292,710,737.84
51.050
       
   
FL
176
14.321
66,035,614.56
11.517
       
   
AZ
47
3.824
17,435,878.68
3.041
       
   
VA
18
1.465
8,699,602.99
1.517
       
   
WA
94
7.648
39,896,134.48
6.958
       
   
CO
14
1.139
5,037,768.70
0.879
       
   
Others
359
29.211
143,560,553.75
25.038
       
   
Wgt Ave / Total:
1229
100.000
573,376,291.00
100.000
       
                     
                     
                     
                     
                     
                     
                     
     
Number
of Items
Percent
of Items
Principal
Balance
Percent of
Balance
       
< =
 
120
0
0.000
-
0.000
       
120
-
180
0
0.000
-
0.000
       
180
-
300
0
0.000
-
0.000
       
300
-
360
1183
96.257
551,482,182.55
96.182
       
>
 
360
46
3.743
21,894,108.45
3.818
       
   
Wgt Ave / Total:
1229
100.000
573,376,291.00
100.000
       
 
 
 

 
 

THE
BANK OF
NEW
YORK
           
101 Barclay Street, 4 West
     
Distribution Date: 12/26/07
New York, NY 10286
       
Officer:
Corrie Wagner
212-815-8357
     
Associate:
William Herrmann
212-815-4595
     

CWALT, Inc.
Alternative Loan Trust 2007-OH03
Mortgage Pass-Through Certificates, Series 2007-OH03

Certificateholder Monthly Distribution Summary

Class
Cusip
Class Description
Certificate Rate Type
Beginning Balance
Pass Through Rate (%)
Principal Distribution
Interest Distribution
Total Distribution
Current Realized Losses
Ending Balance
Cumulative Realized Losses
A1A
02151DAC8
Senior
Fix-Act/360
154,604,466.77
5.073130
1,243,752.00
653,607.13
1,897,359.13
-
153,360,714.77
-
A1B
02151DAD6
Senior
Fix-Act/360
165,628,505.22
5.003130
1,332,437.47
690,550.79
2,022,988.26
-
164,296,067.75
-
A2
02151DAE4
Senior
Fix-Act/360
133,430,323.80
5.133130
1,073,411.63
570,762.67
1,644,174.29
-
132,356,912.18
-
A3
02151DAG9
Senior
Fix-Act/360
80,058,973.71
5.283130
644,053.25
352,468.30
996,521.55
-
79,414,920.46
-
AR
02151DAA2
Senior
Fix-30/360
-
0.000000
-
-
-
-
-
-
CP
02151DAB0
Residual
Fix-Act/360
573,376,291.00
0.000000
-
543,765.55
543,765.55
-
569,082,636.66
-
 
 
 
 
 
 
 
 
 
 
 
 
M1
02151DAH7
Subordinate
Fix-Act/360
9,987,000.00
5.583130
-
46,465.60
46,465.60
-
9,987,000.00
-
M2
02151DAJ3
Subordinate
Fix-Act/360
6,462,000.00
5.783130
-
31,142.16
31,142.16
-
6,462,000.00
-
M3
02151DAK0
Subordinate
Fix-Act/360
2,938,000.00
6.033130
-
14,771.11
14,771.11
-
2,938,000.00
-
M4
02151DAL8
Subordinate
Fix-Act/360
2,937,000.00
6.533130
-
15,989.84
15,989.84
-
2,937,000.00
-
M5
02151DAM6
Subordinate
Fix-Act/360
2,937,000.00
6.533130
-
15,989.84
15,989.84
-
2,937,000.00
-
M6
02151DAN4
Subordinate
Fix-Act/360
3,525,000.00
6.533130
-
19,191.07
19,191.07
-
3,525,000.00
-
M7
02151DAP9
Subordinate
Fix-Act/360
3,231,000.00
6.533130
-
17,590.45
17,590.45
-
3,231,000.00
-
 
 
 
 
 
 
 
 
 
 
 
 
Totals
 
 
 
565,739,269.50
 
4,293,654.35
2,972,294.51
7,265,948.85
-
561,445,615.16
-

Principal Distribution Detail

Class
Cusip
Original Certificate Balance
Beginning Certificate Balance
Scheduled Principal Distribution
Net Principal Distribution
Deferred Interest
Current Realized Losses
Ending Certificate Balance
Ending Certificate Factor
A1A
02151DAC8
158,685,000.00
154,604,466.77
1,243,752.00
1,243,752.00
-
-
153,360,714.77
0.966447457
A1B
02151DAD6
170,000,000.00
165,628,505.22
1,332,437.47
1,332,437.47
-
-
164,296,067.75
0.966447457
A2
02151DAE4
136,952,000.00
133,430,323.80
1,073,411.63
1,073,411.63
-
-
132,356,912.18
0.966447457
A3
02151DAG9
82,172,000.00
80,058,973.71
644,053.25
644,053.25
-
-
79,414,920.46
0.966447457
AR
02151DAA2
100.00
-
-
-
-
-
-
0.000000000
CP
02151DAB0
587,463,192.40
573,376,291.00
-
-
-
-
569,082,636.66
0.968711987
 
 
 
 
 
 
 
 
 
 
M1
02151DAH7
9,987,000.00
9,987,000.00
-
-
-
-
9,987,000.00
1.000000000
M2
02151DAJ3
6,462,000.00
6,462,000.00
-
-
-
-
6,462,000.00
1.000000000
M3
02151DAK0
2,938,000.00
2,938,000.00
-
-
-
-
2,938,000.00
1.000000000
M4
02151DAL8
2,937,000.00
2,937,000.00
-
-
-
-
2,937,000.00
1.000000000
M5
02151DAM6
2,937,000.00
2,937,000.00
-
-
-
-
2,937,000.00
1.000000000
M6
02151DAN4
3,525,000.00
3,525,000.00
-
-
-
-
3,525,000.00
1.000000000
M7
02151DAP9
3,231,000.00
3,231,000.00
-
-
-
-
3,231,000.00
1.000000000
 
 
 
 
 
 
 
 
 
 
Totals
 
579,826,100.00
565,739,269.50
4,293,654.35
4,293,654.35
-
-
561,445,615.16
 

Interest Distribution Detail

Class
Beginning Certificate Balance
Pass Through Rate (%)
Effective Coupon (%)
Current Interest
Total Interest Due
Net Rate Carryover Paid
Net Interest Shortfall
Interest Paid
Net Rate Carryover After Dist.
A1A
154,604,466.77
5.073130
5.073130
653,607.13
653,607.13
-
-
653,607.13
-
A1B
165,628,505.22
5.003130
5.003130
690,550.79
690,550.79
-
-
690,550.79
-
A2
133,430,323.80
5.133130
5.133130
570,762.67
570,762.67
-
-
570,762.67
-
A3
80,058,973.71
5.283130
5.283130
352,468.30
352,468.30
-
-
352,468.30
-
AR
-
0.000000
0.000000
-
-
-
-
-
-
CP
573,376,291.00
0.000000
1.138029
-
-
-
-
543,765.55
-
 
 
 
 
 
 
 
 
 
 
M1
9,987,000.00
5.583130
5.583130
46,465.60
46,465.60
-
-
46,465.60
-
M2
6,462,000.00
5.783130
5.783130
31,142.16
31,142.16
-
-
31,142.16
-
M3
2,938,000.00
6.033130
6.033130
14,771.11
14,771.11
-
-
14,771.11
-
M4
2,937,000.00
6.533130
6.533130
15,989.84
15,989.84
-
-
15,989.84
-
M5
2,937,000.00
6.533130
6.533130
15,989.84
15,989.84
-
-
15,989.84
-
M6
3,525,000.00
6.533130
6.533130
19,191.07
19,191.07
-
-
19,191.07
-
M7
3,231,000.00
6.533130
6.533130
17,590.45
17,590.45
-
-
17,590.45
-
 
 
 
 
 
 
 
 
 
 
Totals
565,739,269.50
 
 
2,428,528.96
2,428,528.96
-
-
2,972,294.51
-

Current Payment Information
Factors per $1,000

Class
Cusip
Original Certificate Balance
Beginning Certificate Balance
Principal Distribution
Interest Distribution
Ending Certificate Balance
Pass Through Rate (%)
A1A
02151DAC8
158,685,000.00
974.285324810
7.837867468
4.118896758
966.447457342
5.073130
A1B
02151DAD6
170,000,000.00
974.285324810
7.837867468
4.062063448
966.447457342
5.003130
A2
02151DAE4
136,952,000.00
974.285324810
7.837867468
4.167611024
966.447457342
5.133130
A3
02151DAG9
82,172,000.00
974.285324810
7.837867468
4.289396690
966.447457342
5.283130
AR
02151DAA2
100.00
0.000000000
0.000000000
0.000000000
0.000000000
0.000000
CP
02151DAB0
587,463,192.40
976.020793162
0.000000000
0.925616373
968.711987444
0.000000
 
 
 
 
 
 
 
 
M1
02151DAH7
9,987,000.00
1000.000000000
0.000000000
4.652608333
1000.000000000
5.583130
M2
02151DAJ3
6,462,000.00
1000.000000000
0.000000000
4.819275000
1000.000000000
5.783130
M3
02151DAK0
2,938,000.00
1000.000000000
0.000000000
5.027608333
1000.000000000
6.033130
M4
02151DAL8
2,937,000.00
1000.000000000
0.000000000
5.444275000
1000.000000000
6.533130
M5
02151DAM6
2,937,000.00
1000.000000000
0.000000000
5.444275000
1000.000000000
6.533130
M6
02151DAN4
3,525,000.00
1000.000000000
0.000000000
5.444275000
1000.000000000
6.533130
M7
02151DAP9
3,231,000.00
1000.000000000
0.000000000
5.444275000
1000.000000000
6.533130
 
 
 
 
 
 
 
 
Totals
 
579,826,100.00
975.705076919
7.405072573
5.126182678
968.300004363
 

THE
BANK OF
NEW
YORK
           
101 Barclay Street, 4 West
       
New York, NY 10286
       
Officer:
Corrie Wagner
212-815-8357
     
Associate:
William Herrmann
212-815-4595
     

Pool Level Data
                   
Distribution Date
               
12/26/2007
 
Cut-off Date
               
7/1/2007
 
Record Date
               
11/30/2007
 
Determination Date
             
12/1/2007
 
LIBOR Determination Date
             
11/21/2007
 
Accrual Period 30/360
   
Begin
       
11/1/2007
 
       
End
       
12/1/2007
 
Number of Days in 30/360 Accrual Period
           
30
 
                     
Accrual Period Actual Days
   
Begin
       
11/26/2007
 
       
End
       
12/26/2007
 
Number of Days in Actual Accrual Period
           
30
 
                     
                     
                     
                     
Additional Rate Detail
     
                     
 
Libor Rate
           
4.7831300%
 
                     
 
Libor Certificates Net Rate Cap
         
6.7556345%
 
                     
                     
                     
                     
                     
                     
Collateral Detail
     
                     
 
Original Mortgage Loan Details
             
                     
 
Original Aggregate Loan Count
         
1,257
 
 
Original Stated Principal Balance
         
587,463,192.40
 
 
Original Weighted Average Mortgage Rate
       
7.16910%
 
 
Original Weighted Average Net Mortgage Rate
       
6.76679%
 
 
Original Weighted Average Remaining Term
       
364
 
                     
 
Current Mortgage Loan Details
             
                     
 
Beginning Aggregate Loan Count
         
1,229
 
 
Loans Paid Off or otherwise removed pursuant to the PSA
     
9
 
 
Ending Aggregate Loan Count
         
1,220
 
                     
 
Beginning Pool Stated Principal Balance
       
573,376,291.00
 
 
Scheduled Principal
           
(1,291,774.43)
 
 
Unscheduled Principal
           
5,585,428.77
 
 
Realized Principal Losses
           
-
 
 
Ending Pool Stated Principal Balance
         
569,082,636.66
 
                     
 
Beginning Weighted Average Mortgage Rate
       
7.15853%
 
 
Beginning Weighted Average Net Mortgage Rate
       
6.75563%
 
 
Ending Weighted Average Mortgage Rate
       
7.15683%
 
 
Ending Weighted Average Net Mortgage Rate
       
6.75452%
 
                     
 
Beginning Weighted Average Remaining Term to Maturity
     
360
 
 
Ending Weighted Average Remaining Term to Maturity
       
359
 
                     
                     
                     
                     
 
Loan Substitution
               
                     
 
Aggregate Stated of Principal Balances Removed
       
-
 
 
Aggregate Stated of Principal Balance Added
       
-
 
 
Aggregate Principal Substitution Shortfall Amount
       
-
 
                     
 
Fees of the Trust
               
                     
 
Gross Master Servicing Fee
           
179,180.09
 
 
Net Master Servicing Fee
           
172,221.01
 
 
Trustee Fee
           
4,300.32
 
 
Certificate Insurance Premium
         
-
 
 
Mortgage Insurance Premium
         
9,030.81
 
 
Total Net Fees of the Trust
           
185,552.14
 
                     
 
Servicer Advances
               
                     
 
Principal Advances
           
(70,348.67)
 
 
Interest Advances
           
176,375.12
 
 
Reimbursement for Principal & Interest Advances
       
-
 
 
Reimbursement for Nonrecoverable Advances
       
-
 
 
Total Advances
           
106,026.45
 
                     
 
Mortgage Prepayment Details
             
                     
 
Principal Balance of Loans Paid in Full
         
5,245,274.50
 
 
Prepayment Interest Excess
           
-
 
 
Prepayment Interest Shortfall
         
6,959.09
 
 
Compensating Interest
           
6,959.08
 
 
Non-Supported Prepayment Interest Shortfall
       
-
 
 
Prepayment Charges
           
24,615.26
 
 
CPR %
             
11.05956%
 
 
SMM %
             
0.97194%
 
                     
                     
                     
                     
                     
                     
Delinquency Information
     
                     
       
                     
Delinquency Info
           
Group 1
 
 
 
           
 
 
 
30-59 Days
 
   
Balance
     
16,872,626.06
2.96488%
 
 
 
   
Loan Count
     
32
2.62295%
 
 
 
           
 
 
 
60-89 Days
 
   
Balance
     
6,961,420.21
1.22327%
 
 
 
   
Loan Count
     
15
1.22951%
 
 
 
           
 
 
 
90+ Days
 
   
Balance
     
3,242,156.16
0.56972%
 
 
 
   
Loan Count
     
8
0.65574%
 
 
 
           
 
 
 
Total
 
   
Balance
     
27,076,202.43
4.75787%
 
       
Loan Count
     
55
4.50820%
 
       
                     
Foreclosure Info
           
Group 1
 
 
 
           
 
 
 
30-59 Days
 
   
Balance
     
-
0.00000%
 
 
 
   
Loan Count
     
0
0.00000%
 
 
 
           
 
 
 
60-89 Days
 
   
Balance
     
-
0.00000%
 
 
 
   
Loan Count
     
0
0.00000%
 
 
 
           
 
 
 
90+ Days
 
   
Balance
     
2,602,037.56
0.45723%
 
 
 
   
Loan Count
     
5
0.40984%
 
 
 
           
 
 
 
Total
 
   
Balance
     
2,602,037.56
0.45723%
 
       
Loan Count
     
5
0.40984%
 
       
                     
REO Info
           
Group 1
 
 
 
           
 
 
 
30-59 Days
 
   
Balance
     
-
0.00000%
 
 
 
   
Loan Count
     
0
0.00000%
 
 
 
           
 
 
 
60-89 Days
 
   
Balance
     
-
0.00000%
 
 
 
   
Loan Count
     
0
0.00000%
 
 
 
           
 
 
 
90+ Days
 
   
Balance
     
-
0.00000%
 
 
 
   
Loan Count
     
0
0.00000%
 
 
 
           
 
 
 
Total
 
   
Balance
     
-
0.00000%
 
       
Loan Count
     
0
0.00000%
 
       
                     
Bankruptcy Info
           
Group 1
 
 
 
           
 
 
 
30-59 Days
 
   
Balance
     
-
0.00000%
 
 
 
   
Loan Count
     
0
0.00000%
 
 
 
           
 
 
 
60-89 Days
 
   
Balance
     
-
0.00000%
 
 
 
   
Loan Count
     
0
0.00000%
 
 
 
           
 
 
 
90+ Days
 
   
Balance
     
-
0.00000%
 
 
 
   
Loan Count
     
0
0.00000%
 
 
 
           
 
 
 
Total
 
   
Balance
     
-
0.00000%
 
       
Loan Count
     
0
0.00000%
 
       
                     
Totals for Foreclosure Bankruptcy, REO
Group 1
 
     
 
 
 
 
             
All
 
2,602,037.56
0.45723%
             
   
5
0.40984%
             
       
                     
Totals for Foreclosure,REO Bankruptcy, Delinquency
Group 1
 
     
 
 
 
 
             
All
 
29,678,239.99
5.21510%
             
   
60
4.91803%
             
                     
                     
                     
                     
                     
Realized Loss Detail
     
                     
 
Realized Losses
               
                     
 
Current Period Realized Losses
         
-
 
 
Cumulative Realized Losses
           
-
 
 
Total Liquidated Loan Balance
         
-
 
 
Total Liquidated Proceeds
           
-
 
 
Subsequent Recoveries
           
-
 
 
MDR ( Monthly Default Rate )
         
0.00000%
 
 
CDR ( Conditional Default Rate )
         
0.00000%
 
                     
       
                     
Loan ID
     
Liquidation Balance
Liquidation Proceeds
Realized Loss
       
Group I
                   
                     
       
N/A
           
                     
                     
                     
                     
                     
                     
                     
                     
                     
Servicer Remittance Summary
     
                     
 
Interest Remittance Amount
             
                     
 
Scheduled Interest Collected
           
3,413,486.09
 
 
Plus: Compensating Interest
           
6,959.08
 
 
Less: Servicing Fees
           
179,180.09
 
 
Less: Mortgage Insurance Premium
         
9,030.81
 
 
Total Interest Remittance Amount
         
3,232,234.27
 
                     
 
Principal Remittance Amount
             
                     
 
Scheduled Principal
           
(1,291,774.43)
 
 
Curtailment Principal
           
340,154.27
 
 
Paid in Full Principal
           
5,245,274.50
 
 
Repurchased Principal
           
-
 
 
Liquidation Principal
           
-
 
 
Subsequent Recoveries
           
-
 
 
Less: Non-Recoverable Principal Advances relating to Principal
     
-
 
 
Total Principal Remittance Amount
         
4,293,654.34
 
                     
 
Other Remittance Amounts
             
                     
 
Prepayment Charge
           
24,615.26
 
 
Other Amounts Required
           
-
 
 
Total Other Remittance
           
24,615.26
 
                     
 
Total Servicer Remittance
           
7,550,503.87
 
                     
                     
                     
                     
                     
                     
Distributable Amounts
     
                     
 
Principal Distribution Amount
             
                     
 
Principal Remittance Amount
         
4,293,654.34
 
 
Plus: Supplemental Loan Deposit
         
-
 
 
Plus: Extra Principal Distribution Amount
       
-
 
 
Less: OC Reduction
           
-
 
 
Principal Distribution Amount
         
4,293,654.34
 
                     
 
Interest Funds
               
                     
 
Interest Remittance
           
3,232,234.27
 
 
Less: Trustee Fee
           
4,300.32
 
 
Interest Funds
           
3,227,933.95
 
                     
                     
                     
Distribution Summary
     
                     
 
Amounts Available for Distribution
             
                     
 
Total Servicer Remittance
           
7,550,503.87
 
 
Investment Income
           
-
 
 
Corridor Proceeds
           
-
 
 
Capitalized Interest Account withdrawal
         
-
 
 
Supplemental Loan Deposit
           
-
 
 
Carryover Reserve Fund withdrawal
         
-
 
 
Principal Reserve Fund withdrawal
         
9,726.70
 
 
Other Amounts
           
-
 
 
Total Available
           
7,560,230.57
 
                     
 
Distribution Payments
               
                     
 
Trustee Fee
           
4,300.32
 
 
Swap Payments (Out) & Fees
         
280,254.71
 
 
Class Payments
           
7,265,948.84
 
 
Total Payments
           
7,550,503.87
 
                     
                     
                     
                     
                     
                     
Trust Accounts
     
                     
 
Distribution Account
               
                     
 
Beginning Balance
           
-
 
 
Deposit
             
7,550,503.87
 
 
Withdrawal
           
7,550,503.87
 
 
Ending Balance
           
-
 
                     
 
Carryover Reserve Account
             
                     
 
Beginning Balance
           
-
 
 
Deposits
             
-
 
 
Withdrawals
           
-
 
 
Ending Balance
           
-
 
                     
 
Full Swap Account
               
                     
 
Beginning Balance
           
-
 
 
Deposits
             
270,528.01
 
 
Withdrawals
           
270,528.01
 
 
Ending Balance
           
-
 
                     
                     
                     
                     
 
A1B Swap Account
               
                     
 
Beginning Balance
           
-
 
 
Deposit
             
9,726.70
 
 
Withdrawals
           
9,726.70
 
 
Ending Balance
           
-
 
                     
                     
                     
                     
                     
                     
Net Rate Carryover Details
     
                     
 
Net Rate Cap Details
               
                     
 
Libor Rate
           
4.78313%
 
 
Net Rate Cap for A1B
           
6.75563%
 
 
Net Rate Cap for Senior Certs
         
6.75563%
 
 
Net Rate Cap for Subordinate Certs
         
6.75563%
 
                     
       
                     
Class
     
Beginning Balance
Interest Thereon
Current Period Amount
Amount Paid
Ending Amount
   
A1A
     
-
-
-
-
-
   
A1B
     
-
-
-
-
-
   
A2
     
-
-
-
-
-
   
A3
     
-
-
-
-
-
   
M1
     
-
-
-
-
-
   
M2
     
-
-
-
-
-
   
M3
     
-
-
-
-
-
   
M4
     
-
-
-
-
-
   
M5
     
-
-
-
-
-
   
M6
     
-
-
-
-
-
   
M7
     
-
-
-
-
-
   
Total
     
--
--
--
--
--
   
                     
                     
                     
                     
                     
                     
                     
Credit Enhancements
     
                     
 
Overcollateralization Details
             
                     
 
OC Prior
             
7,637,021.50
 
 
OC Floor
             
2,937,315.96
 
 
OC Target
           
7,637,021.50
 
 
OC Deficiency
           
-
 
 
OC Reduction
           
-
 
 
OC Ending
           
7,637,021.50
 
                     
                     
                     
                     
                     
                     
Trigger Event Details
     
                     
 
Delinquency Trigger Test
               
                     
 
Current Month
           
12,805,613.93
 
 
1 Month Prior
           
7,903,619.21
 
 
2 Months Prior
           
6,274,109.94
 
                     
 
Three-month Rolling Delinquency Rate
         
1.57203%
 
 
Senior Enhancement Percentage
         
6.91588%
 
 
Specified Delinquency Rate Trigger
         
100.00000%
 
                     
 
Is Delinquency Trigger Event in Effect?
     
NO
   
                     
 
Delinquency Trigger Event applicable only on
           
 
or after the Step-Down Date
               
                     
                     
                     
                     
 
Cumulative Loss Trigger Test
             
                     
 
Cumulative Loss Percentage
           
0.00000%
 
 
Specified Cumulative Loss Percentage
         
100.00000%
 
                     
 
Is Cumulative Loss Trigger Event in Effect?
     
NO
   
                     
 
Cumulative Loss Trigger Event applicable
           
 
only on or after the Step-Down Date
             
                     
 
Is Trigger Event in Effect?
         
NO
   
                     
 
Has Stepdown Date been reached?
       
NO
   
                     
                     
                     
                     
                     
                     
                     
                     
Prepayment Loan Details
     
                     
 
Prepayment Penalties
           
24,615.26
 
                     
       
                     
Loan ID
     
Balance
Paid Off Date
Penalty
State
Rate
Seasoning
Type
Group I
                   
                     
170339444
     
1,374,308.84
11/16/2007
-
CA
7.375
5
Paid in Full
166860124
     
282,854.96
11/29/2007
-
CA
8.250
5
Paid in Full
167566341
     
658,313.07
11/21/2007
-
CA
8.250
6
Paid in Full
164775128
     
99,168.05
11/21/2007
-
WA
6.250
7
Paid in Full
165195204
     
810,148.83
12/3/2007
-
NV
6.500
7
Paid in Full
                     
170178824
     
305,057.04
11/16/2007
-
CA
6.875
5
Paid in Full
169581652
     
145,830.00
11/29/2007
-
VA
6.375
5
Paid in Full
171694156
     
650,231.85
12/6/2007
-
NJ
8.500
5
Paid in Full
171026749
     
907,451.82
12/6/2007
24,615.26
CA
6.750
5
Paid in Full
                     
                     
                     
                     
                     
                     
                     
                     
                     
Stratification Tables
     
                     
                     
                     
                     
                     
 
 
 
Number of Items
Percent of Items
Principal Balance
Percent of Balance
       
< =
 
-
0
0.000
-
0.000
       
-
-
100,000.00
25
2.049
2,033,850.20
0.357
       
100,000.00
-
200,000.00
188
15.410
29,537,015.25
5.190
       
200,000.00
-
300,000.00
253
20.738
63,790,549.85
11.209
       
300,000.00
-
400,000.00
192
15.738
67,585,648.83
11.876
       
400,000.00
-
500,000.00
190
15.574
85,676,834.49
15.055
       
500,000.00
-
600,000.00
113
9.262
62,557,455.75
10.993
       
600,000.00
-
700,000.00
80
6.557
51,918,374.15
9.123
       
700,000.00
-
800,000.00
35
2.869
26,643,126.94
4.682
       
800,000.00
-
900,000.00
31
2.541
26,452,177.25
4.648
       
900,000.00
-
1,000,000.00
37
3.033
36,351,864.00
6.388
       
1,000,000.00
-
1,100,000.00
7
0.574
7,451,441.41
1.309
       
1,100,000.00
-
1,200,000.00
9
0.738
10,609,373.16
1.864
       
1,200,000.00
-
1,300,000.00
13
1.066
16,497,643.24
2.899
       
1,300,000.00
-
1,400,000.00
9
0.738
12,183,466.74
2.141
       
1,400,000.00
-
1,500,000.00
10
0.820
14,827,294.15
2.605
       
1,500,000.00
-
1,600,000.00
3
0.246
4,725,507.72
0.830
       
1,600,000.00
-
1,700,000.00
5
0.410
8,286,062.32
1.456
       
1,700,000.00
-
1,800,000.00
4
0.328
7,094,213.86
1.247
       
1,800,000.00
-
1,900,000.00
4
0.328
7,484,310.01
1.315
       
1,900,000.00
-
2,000,000.00
3
0.246
6,027,652.34
1.059
       
>
 
2,000,000.00
9
0.738
21,348,775.00
3.751
       
 
 
Wgt Ave / Total:
1220
100.000
569,082,636.66
100.000
       
 
         
 
       
 
 
 
 
 
 
 
       
                     
                     
                     
                     
                     
 
 
 
Number of Items
Percent of Items
Principal Balance
Percent of Balance
       
< =
 
0.000000000000
0
0.000
-
0.000
       
0.000000000000
-
0.500000000000
0
0.000
-
0.000
       
0.500000000000
-
1.000000000000
0
0.000
-
0.000
       
1.000000000000
-
1.500000000000
0
0.000
-
0.000
       
1.500000000000
-
2.000000000000
0
0.000
-
0.000
       
2.000000000000
-
2.500000000000
0
0.000
-
0.000
       
2.500000000000
-
3.000000000000
0
0.000
-
0.000
       
3.000000000000
-
3.500000000000
0
0.000
-
0.000
       
3.500000000000
-
4.000000000000
0
0.000
-
0.000
       
4.000000000000
-
4.500000000000
0
0.000
-
0.000
       
4.500000000000
-
5.000000000000
1
0.082
197,292.32
0.035
       
5.000000000000
-
5.500000000000
3
0.246
2,907,529.23
0.511
       
5.500000000000
-
6.000000000000
16
1.311
10,104,337.30
1.776
       
6.000000000000
-
6.500000000000
129
10.574
71,186,868.31
12.509
       
6.500000000000
-
7.000000000000
382
31.311
189,465,127.88
33.293
       
7.000000000000
-
7.500000000000
343
28.115
157,581,895.20
27.691
       
7.500000000000
-
8.000000000000
234
19.180
100,633,397.57
17.683
       
8.000000000000
-
8.500000000000
92
7.541
29,758,727.78
5.229
       
8.500000000000
-
9.000000000000
18
1.475
6,572,679.20
1.155
       
9.000000000000
-
9.500000000000
2
0.164
674,781.87
0.119
       
9.500000000000
-
10.000000000000
0
0.000
-
0.000
       
>
 
10.000000000000
0
0.000
-
0.000
       
 
 
Wgt Ave / Total:
1220
100.000
569,082,636.66
100.000
       
 
         
 
       
 
 
 
 
 
 
 
       
                     
                     
                     
                     
                     
 
 
Location
Number of Items
Percent of Items
Principal Balance
Percent of Balance
       
 
 
CA
516
42.295
289,695,982.65
50.906
       
 
 
FL
176
14.426
66,155,982.75
11.625
       
 
 
AZ
47
3.852
17,470,684.19
3.070
       
 
 
VA
17
1.393
8,567,256.15
1.505
       
 
 
WA
93
7.623
39,865,720.51
7.005
       
 
 
CO
14
1.148
5,047,055.59
0.887
       
 
 
Others
357
29.262
142,279,954.82
25.002
       
 
 
Wgt Ave / Total:
1220
100.000
569,082,636.66
100.000
       
 
         
 
       
 
 
 
 
 
 
 
       
                     
                     
                     
                     
                     
 
 
 
Number of Items
Percent of Items
Principal Balance
Percent of Balance
       
< =
 
120
0
0.000
-
0.000
       
120
-
180
0
0.000
-
0.000
       
180
-
300
0
0.000
-
0.000
       
300
-
360
1175
96.311
547,794,369.51
96.259
       
>
 
360
45
3.689
21,288,267.15
3.741
       
 
 
Wgt Ave / Total:
1220
100.000
569,082,636.66
100.000
       


 
 

 


THE
BANK OF
NEW
YORK
           
101 Barclay Street, 4 West
     
Distribution Date: 01/25/08
New York, NY 10286
         
Officer:
Corrie Wagner
212-815-8357
     
Associate:
William Herrmann
212-815-4595
     

CWALT, Inc.
Alternative Loan Trust 2007-OH03
Mortgage Pass-Through Certificates, Series 2007-OH03

Certificateholder Monthly Distribution Summary

Class
Cusip
Class Description
Certificate Rate Type
Beginning Balance
Pass Through Rate (%)
Principal Distribution
Interest Distribution
Total Distribution
Current Realized Losses
Ending Balance
Cumulative Realized Losses
A1A
02151DAC8
Senior
Fix-Act/360
153,360,714.77
5.155000
2,892,380.98
658,812.07
3,551,193.05
-
150,468,333.79
-
A1B
02151DAD6
Senior
Fix-Act/360
164,296,067.75
5.085000
3,098,621.58
696,204.59
3,794,826.17
-
161,197,446.16
-
A2
02151DAE4
Senior
Fix-Act/360
132,356,912.18
5.215000
2,496,249.55
575,201.08
3,071,450.63
-
129,860,662.63
-
A3
02151DAG9
Senior
Fix-Act/360
79,414,920.46
5.365000
1,497,764.31
355,050.87
1,852,815.18
-
77,917,156.15
-
AR
02151DAA2
Senior
Fix-30/360
-
0.000000
-
-
-
-
-
-
CP
02151DAB0
Residual
Fix-Act/360
569,082,636.66
0.000000
-
556,411.52
556,411.52
-
559,097,620.24
-
 
 
 
 
 
 
 
 
 
 
 
 
M1
02151DAH7
Subordinate
Fix-Act/360
9,987,000.00
5.665000
-
47,146.96
47,146.96
-
9,987,000.00
-
M2
02151DAJ3
Subordinate
Fix-Act/360
6,462,000.00
5.865000
-
31,583.03
31,583.03
-
6,462,000.00
-
M3
02151DAK0
Subordinate
Fix-Act/360
2,938,000.00
6.115000
-
14,971.56
14,971.56
-
2,938,000.00
-
M4
02151DAL8
Subordinate
Fix-Act/360
2,937,000.00
6.615000
-
16,190.21
16,190.21
-
2,937,000.00
-
M5
02151DAM6
Subordinate
Fix-Act/360
2,937,000.00
6.615000
-
16,190.21
16,190.21
-
2,937,000.00
-
M6
02151DAN4
Subordinate
Fix-Act/360
3,525,000.00
6.615000
-
19,431.56
19,431.56
-
3,525,000.00
-
M7
02151DAP9
Subordinate
Fix-Act/360
3,231,000.00
6.615000
-
17,810.89
17,810.89
-
3,231,000.00
-
 
 
 
 
 
 
 
 
 
 
 
 
Totals
 
 
 
561,445,615.16
 
9,985,016.42
3,005,004.55
12,990,020.97
-
551,460,598.73
-

Principal Distribution Detail

Class
Cusip
Original Certificate Balance
Beginning Certificate Balance
Scheduled Principal Distribution
Net Principal Distribution
Deferred Interest
Current Realized Losses
Ending Certificate Balance
Ending Certificate Factor
A1A
02151DAC8
158,685,000.00
153,360,714.77
2,892,380.98
2,892,380.98
-
-
150,468,333.79
0.948220272
A1B
02151DAD6
170,000,000.00
164,296,067.75
3,098,621.58
3,098,621.58
-
-
161,197,446.16
0.948220272
A2
02151DAE4
136,952,000.00
132,356,912.18
2,496,249.55
2,496,249.55
-
-
129,860,662.63
0.948220272
A3
02151DAG9
82,172,000.00
79,414,920.46
1,497,764.31
1,497,764.31
-
-
77,917,156.15
0.948220272
AR
02151DAA2
100.00
-
-
-
-
-
-
0.000000000
CP
02151DAB0
587,463,192.40
569,082,636.66
-
-
-
-
559,097,620.24
0.951715150
 
 
 
 
 
 
 
 
 
 
M1
02151DAH7
9,987,000.00
9,987,000.00
-
-
-
-
9,987,000.00
1.000000000
M2
02151DAJ3
6,462,000.00
6,462,000.00
-
-
-
-
6,462,000.00
1.000000000
M3
02151DAK0
2,938,000.00
2,938,000.00
-
-
-
-
2,938,000.00
1.000000000
M4
02151DAL8
2,937,000.00
2,937,000.00
-
-
-
-
2,937,000.00
1.000000000
M5
02151DAM6
2,937,000.00
2,937,000.00
-
-
-
-
2,937,000.00
1.000000000
M6
02151DAN4
3,525,000.00
3,525,000.00
-
-
-
-
3,525,000.00
1.000000000
M7
02151DAP9
3,231,000.00
3,231,000.00
-
-
-
-
3,231,000.00
1.000000000
 
 
 
 
 
 
 
 
 
 
Totals
 
579,826,100.00
561,445,615.16
9,985,016.42
9,985,016.42
-
-
551,460,598.73
 

Interest Distribution Detail

Class
Beginning Certificate Balance
Pass Through Rate (%)
Effective Coupon (%)
Current Interest
Total Interest Due
Net Rate Carryover Paid
Net Interest Shortfall
Interest Paid
Net Rate Carryover After Dist.
A1A
153,360,714.77
5.155000
5.155000
658,812.07
658,812.07
-
-
658,812.07
-
A1B
164,296,067.75
5.085000
5.085000
696,204.59
696,204.59
-
-
696,204.59
-
A2
132,356,912.18
5.215000
5.215000
575,201.08
575,201.08
-
-
575,201.08
-
A3
79,414,920.46
5.365000
5.365000
355,050.87
355,050.87
-
-
355,050.87
-
AR
-
0.000000
0.000000
-
-
-
-
-
-
CP
569,082,636.66
0.000000
1.173281
-
-
-
-
556,411.52
-
 
 
 
 
 
 
 
 
 
 
M1
9,987,000.00
5.665000
5.665000
47,146.96
47,146.96
-
-
47,146.96
-
M2
6,462,000.00
5.865000
5.865000
31,583.03
31,583.03
-
-
31,583.03
-
M3
2,938,000.00
6.115000
6.115000
14,971.56
14,971.56
-
-
14,971.56
-
M4
2,937,000.00
6.615000
6.615000
16,190.21
16,190.21
-
-
16,190.21
-
M5
2,937,000.00
6.615000
6.615000
16,190.21
16,190.21
-
-
16,190.21
-
M6
3,525,000.00
6.615000
6.615000
19,431.56
19,431.56
-
-
19,431.56
-
M7
3,231,000.00
6.615000
6.615000
17,810.89
17,810.89
-
-
17,810.89
-
 
 
 
 
 
 
 
 
 
 
Totals
561,445,615.16
 
 
2,448,593.03
2,448,593.03
-
-
3,005,004.55
-

Current Payment Information
Factors per $1,000

Class
Cusip
Original Certificate Balance
Beginning Certificate Balance
Principal Distribution
Interest Distribution
Ending Certificate Balance
Pass Through Rate (%)
A1A
02151DAC8
158,685,000.00
966.447457342
18.227185789
4.151697202
948.220271552
5.155000
A1B
02151DAD6
170,000,000.00
966.447457342
18.227185789
4.095321100
948.220271552
5.085000
A2
02151DAE4
136,952,000.00
966.447457342
18.227185789
4.200019575
948.220271552
5.215000
A3
02151DAG9
82,172,000.00
966.447457342
18.227185789
4.320825507
948.220271552
5.365000
AR
02151DAA2
100.00
0.000000000
0.000000000
0.000000000
0.000000000
0.000000
CP
02151DAB0
587,463,192.40
968.711987444
0.000000000
0.947142777
951.715149941
0.000000
 
 
 
 
 
 
 
 
M1
02151DAH7
9,987,000.00
1000.000000000
0.000000000
4.720833333
1000.000000000
5.665000
M2
02151DAJ3
6,462,000.00
1000.000000000
0.000000000
4.887500000
1000.000000000
5.865000
M3
02151DAK0
2,938,000.00
1000.000000000
0.000000000
5.095833333
1000.000000000
6.115000
M4
02151DAL8
2,937,000.00
1000.000000000
0.000000000
5.512500000
1000.000000000
6.615000
M5
02151DAM6
2,937,000.00
1000.000000000
0.000000000
5.512500000
1000.000000000
6.615000
M6
02151DAN4
3,525,000.00
1000.000000000
0.000000000
5.512500000
1000.000000000
6.615000
M7
02151DAP9
3,231,000.00
1000.000000000
0.000000000
5.512500000
1000.000000000
6.615000
 
 
 
 
 
 
 
 
Totals
 
579,826,100.00
968.300004363
17.220708795
5.182596213
951.079295551
 

THE
BANK OF
NEW
YORK
           
101 Barclay Street, 4 West
       
New York, NY 10286
         
Officer:
Corrie Wagner
212-815-8357
     
Associate:
William Herrmann
212-815-4595
     

Pool Level Data
                   
Distribution Date
             
1/25/2008
 
Cut-off Date
               
7/1/2007
 
Record Date
               
12/31/2007
 
Determination Date
             
1/1/2008
 
LIBOR Determination Date
           
12/21/2007
 
Accrual Period 30/360
   
Begin
       
12/1/2007
 
       
End
       
1/1/2008
 
Number of Days in 30/360 Accrual Period
           
30
 
                     
Accrual Period Actual Days
 
Begin
       
12/26/2007
 
       
End
       
1/25/2008
 
Number of Days in Actual Accrual Period
           
30
 
                     
                     
                     
                     
Additional Rate Detail
     
                     
 
Libor Rate
             
4.8650000%
 
                     
 
Libor Certificates Net Rate Cap
         
6.7545245%
 
                     
                     
                     
                     
                     
                     
Collateral Detail
     
                     
 
Original Mortgage Loan Details
             
                     
 
Original Aggregate Loan Count
         
1,257
 
 
Original Stated Principal Balance
         
587,463,192.40
 
 
Original Weighted Average Mortgage Rate
       
7.16910%
 
 
Original Weighted Average Net Mortgage Rate
       
6.76679%
 
 
Original Weighted Average Remaining Term
       
364
 
                     
 
Current Mortgage Loan Details
             
                     
 
Beginning Aggregate Loan Count
         
1,220
 
 
Loans Paid Off or otherwise removed pursuant to the PSA
     
17
 
 
Ending Aggregate Loan Count
         
1,203
 
                     
 
Beginning Pool Stated Principal Balance
       
569,082,636.66
 
 
Scheduled Principal
           
(893,698.83)
 
 
Unscheduled Principal
           
10,878,715.25
 
 
Realized Principal Losses
         
-
 
 
Ending Pool Stated Principal Balance
       
559,097,620.24
 
                     
 
Beginning Weighted Average Mortgage Rate
       
7.15683%
 
 
Beginning Weighted Average Net Mortgage Rate
       
6.75452%
 
 
Ending Weighted Average Mortgage Rate
       
7.14870%
 
 
Ending Weighted Average Net Mortgage Rate
       
6.74603%
 
                     
 
Beginning Weighted Average Remaining Term to Maturity
     
359
 
 
Ending Weighted Average Remaining Term to Maturity
     
358
 
                     
                     
                     
                     
 
Loan Substitution
               
                     
 
Aggregate Stated of Principal Balances Removed
       
-
 
 
Aggregate Stated of Principal Balance Added
       
-
 
 
Aggregate Principal Substitution Shortfall Amount
       
-
 
                     
 
Fees of the Trust
               
                     
 
Gross Master Servicing Fee
         
177,838.32
 
 
Net Master Servicing Fee
           
165,930.25
 
 
Trustee Fee
           
4,268.12
 
 
Certificate Insurance Premium
         
-
 
 
Mortgage Insurance Premium
         
8,679.76
 
 
Total Net Fees of the Trust
         
178,878.13
 
                     
 
Servicer Advances
               
                     
 
Principal Advances
           
(81,973.27)
 
 
Interest Advances
           
203,279.75
 
 
Reimbursement for Principal & Interest Advances
       
-
 
 
Reimbursement for Nonrecoverable Advances
       
-
 
 
Total Advances
           
121,306.48
 
                     
 
Mortgage Prepayment Details
             
                     
 
Principal Balance of Loans Paid in Full
       
10,461,285.83
 
 
Prepayment Interest Excess
         
-
 
 
Prepayment Interest Shortfall
         
11,908.07
 
 
Compensating Interest
           
11,908.07
 
 
Non-Supported Prepayment Interest Shortfall
       
-
 
 
Prepayment Charges
           
42,246.53
 
 
CPR %
             
20.64582%
 
 
SMM %
             
1.90863%
 
                     
                     
                     
                     
Group 1 - Current Delinquency Information
     
                     
Days
Delinquency
Bankruptcy
Foreclosure
REO
Total
Current
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
 
 
 
0
0
0
0
0
0
0
0
 
 
 
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
 
 
 
 
 
 
 
 
 
 
 
                     
30 - 59
37
16,433,328
0
0
0
0
0
0
37
16,433,328
 
3.08%
2.9393%
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
3.08%
2.9393%
                     
60 - 89
19
7,307,060
0
0
0
0
0
0
19
7,307,060
 
1.58%
1.3069%
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
1.58%
1.3069%
                     
90 - 119
10
5,733,038
0
0
0
0
0
0
10
5,733,038
 
0.83%
1.0254%
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
0.83%
1.0254%
                     
120 - 149
4
1,754,390
0
0
1
450,648
0
0
5
2,205,037
 
0.33%
0.3138%
0.00%
0.0000%
0.08%
0.0806%
0.00%
0.0000%
0.42%
0.3944%
                     
150 - 179
3
1,697,995
0
0
3
1,219,858
0
0
6
2,917,853
 
0.25%
0.3037%
0.00%
0.0000%
0.25%
0.2182%
0.00%
0.0000%
0.50%
0.5219%
                     
180 - 269
1
351,113
0
0
0
0
0
0
1
351,113
 
0.08%
0.0628%
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
0.08%
0.0628%
                     
270 - 359
0
0
0
0
0
0
0
0
0
0
 
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
                     
360+
0
0
0
0
0
0
0
0
0
0
 
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
                     
Total
74
33,276,924
0
0
4
1,670,506
0
0
78
34,947,430
 
6.15%
5.9519%
0.00%
0.0000%
0.33%
0.2988%
0.00%
0.0000%
6.48%
6.2507%
                     
                     
                     
30+
74
33,276,924
0
0
4
1,670,506
0
0
78
34,947,430
 
6.15%
5.9519%
0.00%
0.0000%
0.33%
0.2988%
0.00%
0.0000%
6.48%
6.2507%
                     
60+
37
16,843,596
0
0
4
1,670,506
0
0
41
18,514,102
 
3.08%
3.0126%
0.00%
0.0000%
0.33%
0.2988%
0.00%
0.0000%
3.41%
3.3114%
                     
90+
18
9,536,536
0
0
4
1,670,506
0
0
22
11,207,041
 
1.50%
1.7057%
0.00%
0.0000%
0.33%
0.2988%
0.00%
0.0000%
1.83%
2.0045%
                     
120+
8
3,803,497
0
0
4
1,670,506
0
0
12
5,474,003
 
0.67%
0.6803%
0.00%
0.0000%
0.33%
0.2988%
0.00%
0.0000%
1.00%
0.9791%
                     
150+
4
2,049,108
0
0
3
1,219,858
0
0
7
3,268,966
 
0.33%
0.3665%
0.00%
0.0000%
0.25%
0.2182%
0.00%
0.0000%
0.58%
0.5847%
                     
180+
1
351,113
0
0
0
0
0
0
1
351,113
 
0.08%
0.0628%
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
0.08%
0.0628%
                     
270+
0
0
0
0
0
0
0
0
0
0
 
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
                     
360+
0
0
0
0
0
0
0
0
0
0
 
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
                     
                     
                     
                     
Group 1 - Historical Delinquency Information
     
                     
Loan Status
1/25/2008
               
30 - 59
#
Balance
               
 
37
16,433,328
               
 
3.08%
2.9393%
               
 
 
 
               
                     
60 - 89
19
7,307,060
               
 
1.58%
1.3069%
               
                     
90 - 119
10
5,733,038
               
 
0.83%
1.0254%
               
                     
120 - 149
4
1,754,390
               
 
0.33%
0.3138%
               
                     
150 - 179
3
1,697,995
               
 
0.25%
0.3037%
               
                     
180 - 269
1
351,113
               
 
0.08%
0.0628%
               
                     
270 - 359
0
0
               
 
0.00%
0.0000%
               
                     
360+
0
0
               
 
0.00%
0.0000%
               
                     
Total Delinquent Loans
74
33,276,924
               
 
6.15%
5.9519%
               
                     
                     
                     
Total Bankruptcies
0
0
               
 
0.00%
0.0000%
               
                     
Total Foreclosures
4
1,670,506
               
 
0.33%
0.2988%
               
                     
Total REOs
0
0
               
 
0.00%
0.0000%
               
                     
Total BK, FC & REO
4
1,670,506
               
 
0.33%
0.2988%
               
                     
Total Delinquent, Bankruptcy, Foreclosure and REO
                   
                     
30+
78
34,947,430
               
 
6.48%
6.2507%
               
                     
60+
41
18,514,102
               
 
3.41%
3.3114%
               
                     
90+
22
11,207,041
               
 
1.83%
2.0045%
               
                     
120+
12
5,474,003
               
 
1.00%
0.9791%
               
                     
150+
7
3,268,966
               
 
0.58%
0.5847%
               
                     
180+
1
351,113
               
 
0.08%
0.0628%
               
                     
270+
0
0
               
 
0.00%
0.0000%
               
                     
360+
0
0
               
 
0.00%
0.0000%
               
                     
                     
                     
                     
                     
                     
Realized Loss Detail
     
                     
 
Realized Losses
               
                     
 
Current Period Realized Losses
         
-
 
 
Cumulative Realized Losses
         
-
 
 
Total Liquidated Loan Balance
         
-
 
 
Total Liquidated Proceeds
         
-
 
 
Subsequent Recoveries
           
-
 
 
MDR ( Monthly Default Rate )
         
0.00000%
 
 
CDR ( Conditional Default Rate )
         
0.00000%
 
                     
       
                     
Loan ID
     
Liquidation Balance
Liquidation Proceeds
Realized Loss
       
Group I
                   
                     
       
N/A
           
                     
                     
                     
                     
                     
                     
                     
                     
                     
Servicer Remittance Summary
     
                     
 
Interest Remittance Amount
             
                     
 
Scheduled Interest Collected
         
3,382,113.69
 
 
Plus: Compensating Interest
         
11,908.07
 
 
Less: Servicing Fees
           
177,838.32
 
 
Less: Mortgage Insurance Premium
         
8,679.76
 
 
Total Interest Remittance Amount
         
3,207,503.68
 
                     
 
Principal Remittance Amount
             
                     
 
Scheduled Principal
           
(1,276,312.84)
 
 
Curtailment Principal
           
417,429.42
 
 
Paid in Full Principal
           
10,461,285.83
 
 
Repurchased Principal
           
382,614.01
 
 
Liquidation Principal
           
-
 
 
Subsequent Recoveries
           
-
 
 
Less: Non-Recoverable Principal Advances relating to Principal
     
-
 
 
Total Principal Remittance Amount
         
9,985,016.42
 
                     
 
Other Remittance Amounts
             
                     
 
Prepayment Charge
           
42,246.53
 
 
Other Amounts Required
           
-
 
 
Total Other Remittance
           
42,246.53
 
                     
 
Total Servicer Remittance
         
13,234,766.63
 
                     
                     
                     
                     
                     
                     
Distributable Amounts
     
                     
 
Principal Distribution Amount
             
                     
 
Principal Remittance Amount
         
9,985,016.42
 
 
Plus: Supplemental Loan Deposit
         
-
 
 
Plus: Extra Principal Distribution Amount
       
-
 
 
Less: OC Reduction
           
-
 
 
Principal Distribution Amount
         
9,985,016.42
 
                     
 
Interest Funds
               
                     
 
Interest Remittance
           
3,207,503.68
 
 
Less: Trustee Fee
           
4,268.12
 
 
Interest Funds
           
3,203,235.56
 
                     
                     
                     
Distribution Summary
     
                     
 
Amounts Available for Distribution
           
                     
 
Total Servicer Remittance
           
13,234,766.63
 
 
Investment Income
           
-
 
 
Corridor Proceeds
           
-
 
 
Capitalized Interest Account withdrawal
       
-
 
 
Supplemental Loan Deposit
         
-
 
 
Carryover Reserve Fund withdrawal
         
-
 
 
Principal Reserve Fund withdrawal
         
-
 
 
Other Amounts
           
-
 
 
Total Available
           
13,234,766.63
 
                     
 
Distribution Payments
               
                     
 
Trustee Fee
           
4,268.12
 
 
Swap Payments (Out) & Fees
         
240,477.54
 
 
Class Payments
           
12,990,020.97
 
 
Total Payments
           
13,234,766.63
 
                     
                     
                     
                     
                     
                     
Trust Accounts
     
                     
 
Distribution Account
               
                     
 
Beginning Balance
           
-
 
 
Deposit
             
13,234,766.63
 
 
Withdrawal
           
13,234,766.63
 
 
Ending Balance
           
-
 
                     
 
Carryover Reserve Account
             
                     
 
Beginning Balance
           
-
 
 
Deposits
             
-
 
 
Withdrawals
           
-
 
 
Ending Balance
           
-
 
                     
 
Full Swap Account
               
                     
 
Beginning Balance
           
-
 
 
Deposits
             
230,893.60
 
 
Withdrawals
           
230,893.60
 
 
Ending Balance
           
-
 
                     
                     
                     
                     
 
A1B Swap Account
               
                     
 
Beginning Balance
           
-
 
 
Deposit
             
9,583.94
 
 
Withdrawals
           
-
 
 
Ending Balance
           
9,583.94
 
                     
                     
                     
                     
                     
                     
Net Rate Carryover Details
     
                     
 
Net Rate Cap Details
               
                     
 
Libor Rate
             
4.86500%
 
 
Net Rate Cap for A1B
           
6.75452%
 
 
Net Rate Cap for Senior Certs
         
6.75452%
 
 
Net Rate Cap for Subordinate Certs
         
6.75452%
 
                     
       
                     
Class
     
Beginning Balance
Interest Thereon
Current Period Amount
Amount Paid
Ending Amount
   
A1A
     
-
-
-
-
-
   
A1B
     
-
-
-
-
-
   
A2
     
-
-
-
-
-
   
A3
     
-
-
-
-
-
   
M1
     
-
-
-
-
-
   
M2
     
-
-
-
-
-
   
M3
     
-
-
-
-
-
   
M4
     
-
-
-
-
-
   
M5
     
-
-
-
-
-
   
M6
     
-
-
-
-
-
   
M7
     
-
-
-
-
-
   
Total
     
--
--
--
--
--
   
                     
                     
                     
                     
                     
                     
                     
Credit Enhancements
     
                     
 
Overcollateralization Details
             
                     
 
OC Prior
             
7,637,021.50
 
 
OC Floor
             
2,937,315.96
 
 
OC Target
             
7,637,021.50
 
 
OC Deficiency
           
-
 
 
OC Reduction
           
-
 
 
OC Ending
           
7,637,021.50
 
                     
                     
                     
                     
                     
                     
Trigger Event Details
     
                     
 
Delinquency Trigger Test
             
                     
 
Current Month
           
18,514,101.54
 
 
1 Month Prior
           
12,805,613.93
 
 
2 Months Prior
           
7,903,619.21
 
                     
 
Three-month Rolling Delinquency Rate
       
2.31336%
 
 
Senior Enhancement Percentage
         
6.96806%
 
 
Specified Delinquency Rate Trigger
         
100.00000%
 
                     
 
Is Delinquency Trigger Event in Effect?
     
NO
   
                     
 
Delinquency Trigger Event applicable only on
           
 
or after the Step-Down Date
             
                     
                     
                     
                     
 
Cumulative Loss Trigger Test
             
                     
 
Cumulative Loss Percentage
         
0.00000%
 
 
Specified Cumulative Loss Percentage
       
100.00000%
 
                     
 
Is Cumulative Loss Trigger Event in Effect?
     
NO
   
                     
 
Cumulative Loss Trigger Event applicable
           
 
only on or after the Step-Down Date
             
                     
 
Is Trigger Event in Effect?
       
NO
   
                     
 
Has Stepdown Date been reached?
     
NO
   
                     
                     
                     
                     
                     
                     
                     
                     
Prepayment Loan Details
     
                     
 
Prepayment Penalties
           
42,246.53
 
                     
       
                     
Loan ID
     
Balance
Paid Off Date
Penalty
State
Rate
Seasoning
Type
Group I
                   
                     
171035090
     
2,799,018.22
12/21/2007
-
CA
7.875
6
Paid in Full
168493166
     
104,878.46
12/27/2007
-
MA
7.500
6
Paid in Full
171420591
     
447,083.63
1/4/2008
-
CA
8.000
6
Paid in Full
170752310
     
182,301.45
12/21/2007
-
WA
8.250
6
Paid in Full
168526612
     
361,583.66
1/4/2008
-
CA
6.875
11
Paid in Full
                     
167794134
     
506,138.77
12/21/2007
-
PA
7.125
7
Paid in Full
165696224
     
580,270.26
12/17/2007
-
CA
8.000
7
Paid in Full
169900439
     
1,320,445.66
1/15/2008
-
CA
8.000
6
Paid in Full
169429948
     
1,391,122.43
1/7/2008
-
CA
6.625
6
Paid in Full
171594053
     
396,320.85
1/14/2008
-
UT
7.125
6
Paid in Full
                     
168532606
     
633,676.56
12/20/2007
17,775.08
CA
7.000
9
Paid in Full
156612742
     
425,054.31
1/14/2008
-
MA
7.750
6
Paid in Full
168526724
     
204,085.63
12/18/2007
5,948.10
CA
7.250
9
Paid in Full
160723575
     
480,015.44
12/26/2007
-
MD
8.750
7
Paid in Full
171181345
     
275,382.02
12/31/2007
7,633.60
CT
6.875
6
Paid in Full
                     
169368995
     
328,953.98
12/31/2007
10,889.75
NY
8.250
6
Paid in Full
                     
                     
                     
                     
                     
                     
                     
                     
                     
Stratification Tables
     
                     
                     
                     
                     
                     
 
 
 
Number of Items
Percent of Items
Principal Balance
Percent of Balance
       
< =
 
-
0
0.000
-
0.000
       
-
-
100,000.00
25
2.078
2,035,948.05
0.364
       
100,000.00
-
200,000.00
186
15.461
29,292,792.06
5.239
       
200,000.00
-
300,000.00
251
20.865
63,272,659.34
11.317
       
300,000.00
-
400,000.00
188
15.628
66,235,677.79
11.847
       
400,000.00
-
500,000.00
187
15.544
84,474,912.79
15.109
       
500,000.00
-
600,000.00
111
9.227
61,575,857.10
11.013
       
600,000.00
-
700,000.00
79
6.567
51,380,531.42
9.190
       
700,000.00
-
800,000.00
35
2.909
26,687,142.65
4.773
       
800,000.00
-
900,000.00
31
2.577
26,493,190.42
4.739
       
900,000.00
-
1,000,000.00
37
3.076
36,428,583.56
6.516
       
1,000,000.00
-
1,100,000.00
7
0.582
7,467,763.49
1.336
       
1,100,000.00
-
1,200,000.00
9
0.748
10,617,633.75
1.899
       
1,200,000.00
-
1,300,000.00
13
1.081
16,525,807.35
2.956
       
1,300,000.00
-
1,400,000.00
7
0.582
9,488,653.17
1.697
       
1,400,000.00
-
1,500,000.00
10
0.831
14,859,851.34
2.658
       
1,500,000.00
-
1,600,000.00
3
0.249
4,735,661.92
0.847
       
1,600,000.00
-
1,700,000.00
5
0.416
8,301,855.25
1.485
       
1,700,000.00
-
1,800,000.00
4
0.333
7,106,173.88
1.271
       
1,800,000.00
-
1,900,000.00
4
0.333
7,501,488.92
1.342
       
1,900,000.00
-
2,000,000.00
3
0.249
6,041,432.41
1.081
       
>
 
2,000,000.00
8
0.665
18,574,003.58
3.322
       
 
 
Wgt Ave / Total:
1203
100.000
559,097,620.24
100.000
       
 
         
 
       
 
 
 
 
 
 
 
       
                     
                     
                     
                     
                     
 
 
 
Number of Items
Percent of Items
Principal Balance
Percent of Balance
       
< =
 
0.0
0
0.000
-
0.000
       
0.0
-
0.5
0
0.000
-
0.000
       
0.5
-
1.0
0
0.000
-
0.000
       
1.0
-
1.5
0
0.000
-
0.000
       
1.5
-
2.0
0
0.000
-
0.000
       
2.0
-
2.5
0
0.000
-
0.000
       
2.5
-
3.0
0
0.000
-
0.000
       
3.0
-
3.5
0
0.000
-
0.000
       
3.5
-
4.0
0
0.000
-
0.000
       
4.0
-
4.5
0
0.000
-
0.000
       
4.5
-
5.0
1
0.083
197,618.77
0.035
       
5.0
-
5.5
3
0.249
2,911,376.56
0.521
       
5.5
-
6.0
16
1.330
10,119,319.46
1.810
       
6.0
-
6.5
129
10.723
71,293,301.33
12.751
       
6.5
-
7.0
377
31.338
186,727,615.21
33.398
       
7.0
-
7.5
339
28.180
156,650,056.85
28.018
       
7.5
-
8.0
229
19.036
95,107,847.46
17.011
       
8.0
-
8.5
90
7.481
29,307,390.29
5.242
       
8.5
-
9.0
17
1.413
6,106,498.40
1.092
       
9.0
-
9.5
2
0.166
676,595.91
0.121
       
9.5
-
10.0
0
0.000
-
0.000
       
>
 
10.0
0
0.000
-
0.000
       
 
 
Wgt Ave / Total:
1203
100.000
559,097,620.24
100.000
       
 
         
 
       
 
 
 
 
 
 
 
       
                     
                     
                     
                     
                     
 
 
Location
Number of Items
Percent of Items
Principal Balance
Percent of Balance
       
 
 
CA
508
42.228
282,458,716.59
50.520
       
 
 
FL
175
14.547
65,891,273.57
11.785
       
 
 
AZ
47
3.907
17,504,588.85
3.131
       
 
 
VA
17
1.413
8,584,692.04
1.535
       
 
 
WA
92
7.648
39,760,778.93
7.112
       
 
 
CO
14
1.164
5,056,350.82
0.904
       
 
 
Others
350
29.094
139,841,219.44
25.012
       
 
 
Wgt Ave / Total:
1203
100.000
559,097,620.24
100.000
       
 
         
 
       
 
 
 
 
 
 
 
       
                     
                     
                     
                     
                     
 
 
 
Number of Items
Percent of Items
Principal Balance
Percent of Balance
       
< =
 
120
0
0.000
-
0.000
       
120
-
180
0
0.000
-
0.000
       
180
-
300
0
0.000
-
0.000
       
300
-
360
1158
96.259
537,764,048.30
96.184
       
>
 
360
45
3.741
21,333,571.94
3.816
       
 
 
Wgt Ave / Total:
1203
100.000
559,097,620.24
100.000
       


 
 

 


THE
BANK OF
NEW
YORK
           
101 Barclay Street, 4 West
     
Distribution Date: 02/25/08
New York, NY 10286
       
Officer:
Corrie Wagner
212-815-8357
     
Associate:
William Herrmann
212-815-4595
     

CWALT, Inc.
Alternative Loan Trust 2007-OH03
Mortgage Pass-Through Certificates, Series 2007-OH03

Certificateholder Monthly Distribution Summary

Class
Cusip
Class Description
Certificate Rate Type
Beginning Balance
Pass Through Rate (%)
Principal Distribution
Interest Distribution
Total Distribution
Current Realized Losses
Ending Balance
Cumulative Realized Losses
A1A
02151DAC8
Senior
Fix-Act/360
150,468,333.79
3.666250
670,246.57
475,035.84
1,145,282.41
-
149,798,087.22
-
A1B
02151DAD6
Senior
Fix-Act/360
161,197,446.16
3.596250
718,038.36
499,191.55
1,217,229.91
-
160,479,407.81
-
A2
02151DAE4
Senior
Fix-Act/360
129,860,662.63
3.726250
578,451.70
416,685.89
995,137.59
-
129,282,210.93
-
A3
02151DAG9
Senior
Fix-Act/360
77,917,156.15
3.876250
347,074.40
260,078.27
607,152.67
-
77,570,081.75
-
AR
02151DAA2
Senior
Fix-30/360
-
0.000000
-
-
-
-
-
-
CP
02151DAB0
Residual
Fix-Act/360
559,097,620.24
0.000000
-
650,918.43
650,918.43
-
556,783,809.21
-
 
 
 
 
 
 
 
 
 
 
 
 
M1
02151DAH7
Subordinate
Fix-Act/360
9,987,000.00
4.176250
-
35,915.40
35,915.40
-
9,987,000.00
-
M2
02151DAJ3
Subordinate
Fix-Act/360
6,462,000.00
4.376250
-
24,351.64
24,351.64
-
6,462,000.00
-
M3
02151DAK0
Subordinate
Fix-Act/360
2,938,000.00
4.626250
-
11,704.16
11,704.16
-
2,938,000.00
-
M4
02151DAL8
Subordinate
Fix-Act/360
2,937,000.00
5.126250
-
12,964.71
12,964.71
-
2,937,000.00
-
M5
02151DAM6
Subordinate
Fix-Act/360
2,937,000.00
5.126250
-
12,964.71
12,964.71
-
2,937,000.00
-
M6
02151DAN4
Subordinate
Fix-Act/360
3,525,000.00
5.126250
-
15,560.30
15,560.30
-
3,525,000.00
-
M7
02151DAP9
Subordinate
Fix-Act/360
3,231,000.00
5.126250
-
14,262.51
14,262.51
-
3,231,000.00
-
 
 
 
 
 
 
 
 
 
 
 
 
Totals
 
 
 
551,460,598.73
 
2,313,811.03
2,429,633.41
4,743,444.44
-
549,146,787.71
-

Principal Distribution Detail

Class
Cusip
Original Certificate Balance
Beginning Certificate Balance
Scheduled Principal Distribution
Net Principal Distribution
Deferred Interest
Current Realized Losses
Ending Certificate Balance
Ending Certificate Factor
A1A
02151DAC8
158,685,000.00
150,468,333.79
670,246.57
670,246.57
-
-
149,798,087.22
0.943996517
A1B
02151DAD6
170,000,000.00
161,197,446.16
718,038.36
718,038.36
-
-
160,479,407.81
0.943996517
A2
02151DAE4
136,952,000.00
129,860,662.63
578,451.70
578,451.70
-
-
129,282,210.93
0.943996517
A3
02151DAG9
82,172,000.00
77,917,156.15
347,074.40
347,074.40
-
-
77,570,081.75
0.943996517
AR
02151DAA2
100.00
-
-
-
-
-
-
0.000000000
CP
02151DAB0
587,463,192.40
559,097,620.24
-
-
-
-
556,783,809.21
0.947776501
 
 
 
 
 
 
 
 
 
 
M1
02151DAH7
9,987,000.00
9,987,000.00
-
-
-
-
9,987,000.00
1.000000000
M2
02151DAJ3
6,462,000.00
6,462,000.00
-
-
-
-
6,462,000.00
1.000000000
M3
02151DAK0
2,938,000.00
2,938,000.00
-
-
-
-
2,938,000.00
1.000000000
M4
02151DAL8
2,937,000.00
2,937,000.00
-
-
-
-
2,937,000.00
1.000000000
M5
02151DAM6
2,937,000.00
2,937,000.00
-
-
-
-
2,937,000.00
1.000000000
M6
02151DAN4
3,525,000.00
3,525,000.00
-
-
-
-
3,525,000.00
1.000000000
M7
02151DAP9
3,231,000.00
3,231,000.00
-
-
-
-
3,231,000.00
1.000000000
 
 
 
 
 
 
 
 
 
 
Totals
 
579,826,100.00
551,460,598.73
2,313,811.03
2,313,811.03
-
-
549,146,787.71
 

Interest Distribution Detail

Class
Beginning Certificate Balance
Pass Through Rate (%)
Effective Coupon (%)
Current Interest
Total Interest Due
Net Rate Carryover Paid
Net Interest Shortfall
Interest Paid
Net Rate Carryover After Dist.
A1A
150,468,333.79
3.666250
3.666250
475,035.84
475,035.84
-
-
475,035.84
-
A1B
161,197,446.16
3.596250
3.596250
499,191.55
499,191.55
-
-
499,191.55
-
A2
129,860,662.63
3.726250
3.726250
416,685.89
416,685.89
-
-
416,685.89
-
A3
77,917,156.15
3.876250
3.876250
260,078.27
260,078.27
-
-
260,078.27
-
AR
-
0.000000
0.000000
-
-
-
-
-
-
CP
559,097,620.24
0.000000
1.352009
-
-
-
-
650,918.43
-
 
 
 
 
 
 
 
 
 
 
M1
9,987,000.00
4.176250
4.176250
35,915.40
35,915.40
-
-
35,915.40
-
M2
6,462,000.00
4.376250
4.376250
24,351.64
24,351.64
-
-
24,351.64
-
M3
2,938,000.00
4.626250
4.626250
11,704.16
11,704.16
-
-
11,704.16
-
M4
2,937,000.00
5.126250
5.126250
12,964.71
12,964.71
-
-
12,964.71
-
M5
2,937,000.00
5.126250
5.126250
12,964.71
12,964.71
-
-
12,964.71
-
M6
3,525,000.00
5.126250
5.126250
15,560.30
15,560.30
-
-
15,560.30
-
M7
3,231,000.00
5.126250
5.126250
14,262.51
14,262.51
-
-
14,262.51
-
 
 
 
 
 
 
 
 
 
 
Totals
551,460,598.73
 
 
1,778,714.98
1,778,714.98
-
-
2,429,633.41
-

Current Payment Information
Factors per $1,000

Class
Cusip
Original Certificate Balance
Beginning Certificate Balance
Principal Distribution
Interest Distribution
Ending Certificate Balance
Pass Through Rate (%)
A1A
02151DAC8
158,685,000.00
948.220271552
4.223755050
2.993577491
943.996516503
3.666250
A1B
02151DAD6
170,000,000.00
948.220271552
4.223755050
2.936420881
943.996516503
3.596250
A2
02151DAE4
136,952,000.00
948.220271552
4.223755050
3.042568872
943.996516503
3.726250
A3
02151DAG9
82,172,000.00
948.220271552
4.223755050
3.165047324
943.996516503
3.876250
AR
02151DAA2
100.00
0.000000000
0.000000000
0.000000000
0.000000000
0.000000
CP
02151DAB0
587,463,192.40
951.715149941
0.000000000
1.108015681
947.776501427
0.000000
 
 
 
 
 
 
 
 
M1
02151DAH7
9,987,000.00
1000.000000000
0.000000000
3.596215278
1000.000000000
4.176250
M2
02151DAJ3
6,462,000.00
1000.000000000
0.000000000
3.768437500
1000.000000000
4.376250
M3
02151DAK0
2,938,000.00
1000.000000000
0.000000000
3.983715278
1000.000000000
4.626250
M4
02151DAL8
2,937,000.00
1000.000000000
0.000000000
4.414270833
1000.000000000
5.126250
M5
02151DAM6
2,937,000.00
1000.000000000
0.000000000
4.414270833
1000.000000000
5.126250
M6
02151DAN4
3,525,000.00
1000.000000000
0.000000000
4.414270833
1000.000000000
5.126250
M7
02151DAP9
3,231,000.00
1000.000000000
0.000000000
4.414270833
1000.000000000
5.126250
 
 
 
 
 
 
 
 
Totals
 
579,826,100.00
951.079295551
3.990525832
4.190279482
947.088769736
 

THE
BANK OF
NEW
YORK
           
101 Barclay Street, 4 West
       
New York, NY 10286
       
Officer:
Corrie Wagner
212-815-8357
     
Associate:
William Herrmann
212-815-4595
     

Pool Level Data
                   
Distribution Date
             
2/25/2008
 
Cut-off Date
               
7/1/2007
 
Record Date
               
1/31/2008
 
Determination Date
             
2/1/2008
 
LIBOR Determination Date
           
1/23/2008
 
Accrual Period 30/360
   
Begin
       
1/1/2008
 
       
End
       
2/1/2008
 
Number of Days in 30/360 Accrual Period
         
30
 
                     
Accrual Period Actual Days
 
Begin
       
1/25/2008
 
       
End
       
2/25/2008
 
Number of Days in Actual Accrual Period
           
31
 
                     
                     
                     
                     
Additional Rate Detail
     
                     
 
Libor Rate
           
3.3762500%
 
                     
 
Libor Certificates Net Rate Cap
         
6.5284195%
 
                     
                     
                     
                     
                     
                     
Collateral Detail
     
                     
 
Original Mortgage Loan Details
             
                     
 
Original Aggregate Loan Count
         
1,257
 
 
Original Stated Principal Balance
         
587,463,192.40
 
 
Original Weighted Average Mortgage Rate
       
7.16910%
 
 
Original Weighted Average Net Mortgage Rate
       
6.76679%
 
 
Original Weighted Average Remaining Term
       
364
 
                     
 
Current Mortgage Loan Details
             
                     
 
Beginning Aggregate Loan Count
         
1,203
 
 
Loans Paid Off or otherwise removed pursuant to the PSA
     
10
 
 
Ending Aggregate Loan Count
         
1,193
 
                     
 
Beginning Pool Stated Principal Balance
       
559,097,620.24
 
 
Scheduled Principal
           
(1,266,948.74)
 
 
Unscheduled Principal
           
3,580,759.77
 
 
Realized Principal Losses
         
-
 
 
Ending Pool Stated Principal Balance
       
556,783,809.21
 
                     
 
Beginning Weighted Average Mortgage Rate
       
7.14870%
 
 
Beginning Weighted Average Net Mortgage Rate
       
6.74603%
 
 
Ending Weighted Average Mortgage Rate
       
7.14573%
 
 
Ending Weighted Average Net Mortgage Rate
       
6.74328%
 
                     
 
Beginning Weighted Average Remaining Term to Maturity
     
358
 
 
Ending Weighted Average Remaining Term to Maturity
     
357
 
                     
                     
                     
                     
 
Loan Substitution
               
                     
 
Aggregate Stated of Principal Balances Removed
       
-
 
 
Aggregate Stated of Principal Balance Added
       
-
 
 
Aggregate Principal Substitution Shortfall Amount
       
-
 
                     
 
Fees of the Trust
               
                     
 
Gross Master Servicing Fee
         
174,718.01
 
 
Net Master Servicing Fee
           
173,280.01
 
 
Trustee Fee
           
4,193.23
 
 
Certificate Insurance Premium
         
-
 
 
Mortgage Insurance Premium
         
8,697.07
 
 
Total Net Fees of the Trust
         
186,170.32
 
                     
 
Servicer Advances
               
                     
 
Principal Advances
           
(94,458.38)
 
 
Interest Advances
           
234,671.34
 
 
Reimbursement for Principal & Interest Advances
       
-
 
 
Reimbursement for Nonrecoverable Advances
       
-
 
 
Total Advances
           
140,212.96
 
                     
 
Mortgage Prepayment Details
             
                     
 
Principal Balance of Loans Paid in Full
       
3,301,019.18
 
 
Prepayment Interest Excess
         
-
 
 
Prepayment Interest Shortfall
         
1,437.99
 
 
Compensating Interest
           
1,437.99
 
 
Non-Supported Prepayment Interest Shortfall
       
-
 
 
Prepayment Charges
           
43,048.00
 
 
CPR %
             
7.40423%
 
 
SMM %
             
0.63901%
 
                     
                     
                     
                     
Group 1 - Current Delinquency Information
     
                     
Days
Delinquency
Bankruptcy
Foreclosure
REO
Total
Current
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
 
 
 
0
0
0
0
0
0
0
0
 
 
 
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
 
 
 
 
 
 
 
 
 
 
 
                     
30 - 59
34
18,046,942
0
0
0
0
0
0
34
18,046,942
 
2.85%
3.2413%
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
2.85%
3.2413%
                     
60 - 89
12
4,888,097
0
0
0
0
0
0
12
4,888,097
 
1.01%
0.8779%
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
1.01%
0.8779%
                     
90 - 119
15
6,075,892
0
0
0
0
1
408,851
16
6,484,743
 
1.26%
1.0912%
0.00%
0.0000%
0.00%
0.0000%
0.08%
0.0734%
1.34%
1.1647%
                     
120 - 149
6
3,072,750
0
0
4
2,694,496
0
0
10
5,767,246
 
0.50%
0.5519%
0.00%
0.0000%
0.34%
0.4839%
0.00%
0.0000%
0.84%
1.0358%
                     
150 - 179
3
1,103,764
0
0
1
451,727
0
0
4
1,555,490
 
0.25%
0.1982%
0.00%
0.0000%
0.08%
0.0811%
0.00%
0.0000%
0.34%
0.2794%
                     
180 - 269
2
659,284
0
0
4
2,352,907
0
0
6
3,012,191
 
0.17%
0.1184%
0.00%
0.0000%
0.34%
0.4226%
0.00%
0.0000%
0.50%
0.5410%
                     
270 - 359
0
0
0
0
0
0
0
0
0
0
 
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
                     
360+
0
0
0
0
0
0
0
0
0
0
 
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
                     
Total
72
33,846,729
0
0
9
5,499,129
1
408,851
82
39,754,710
 
6.04%
6.0790%
0.00%
0.0000%
0.75%
0.9877%
0.08%
0.0734%
6.87%
7.1401%
                     
                     
                     
30+
72
33,846,729
0
0
9
5,499,129
1
408,851
82
39,754,710
 
6.04%
6.0790%
0.00%
0.0000%
0.75%
0.9877%
0.08%
0.0734%
6.87%
7.1401%
                     
60+
38
15,799,787
0
0
9
5,499,129
1
408,851
48
21,707,767
 
3.19%
2.8377%
0.00%
0.0000%
0.75%
0.9877%
0.08%
0.0734%
4.02%
3.8988%
                     
90+
26
10,911,689
0
0
9
5,499,129
1
408,851
36
16,819,670
 
2.18%
1.9598%
0.00%
0.0000%
0.75%
0.9877%
0.08%
0.0734%
3.02%
3.0209%
                     
120+
11
4,835,798
0
0
9
5,499,129
0
0
20
10,334,927
 
0.92%
0.8685%
0.00%
0.0000%
0.75%
0.9877%
0.00%
0.0000%
1.68%
1.8562%
                     
150+
5
1,763,048
0
0
5
2,804,633
0
0
10
4,567,681
 
0.42%
0.3166%
0.00%
0.0000%
0.42%
0.5037%
0.00%
0.0000%
0.84%
0.8204%
                     
180+
2
659,284
0
0
4
2,352,907
0
0
6
3,012,191
 
0.17%
0.1184%
0.00%
0.0000%
0.34%
0.4226%
0.00%
0.0000%
0.50%
0.5410%
                     
270+
0
0
0
0
0
0
0
0
0
0
 
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
                     
360+
0
0
0
0
0
0
0
0
0
0
 
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
0.00%
0.0000%
                     
                     
                     
                     
Group 1 - Historical Delinquency Information
     
                     
Loan Status
2/25/2008
         
1/25/2008
 
30 - 59
#
Balance
         
#
Balance
 
 
34
18,046,942
         
37
16,433,328
 
 
2.85%
3.2413%
         
3.08%
2.9393%
 
 
 
 
         
 
 
 
                     
60 - 89
12
4,888,097
         
19
7,307,060
 
 
1.01%
0.8779%
         
1.58%
1.3069%
 
                     
90 - 119
15
6,075,892
         
10
5,733,038
 
 
1.26%
1.0912%
         
0.83%
1.0254%
 
                     
120 - 149
6
3,072,750
         
4
1,754,390
 
 
0.50%
0.5519%
         
0.33%
0.3138%
 
                     
150 - 179
3
1,103,764
         
3
1,697,995
 
 
0.25%
0.1982%
         
0.25%
0.3037%
 
                     
180 - 269
2
659,284
         
1
351,113
 
 
0.17%
0.1184%
         
0.08%
0.0628%
 
                     
270 - 359
0
0
         
0
0
 
 
0.00%
0.0000%
         
0.00%
0.0000%
 
                     
360+
0
0
         
0
0
 
 
0.00%
0.0000%
         
0.00%
0.0000%
 
                     
Total Delinquent Loans
72
33,846,729
         
74
33,276,924
 
 
6.04%
6.0790%
         
6.15%
5.9519%
 
                     
                     
                     
Total Bankruptcies
0
0
         
0
0
 
 
0.00%
0.0000%
         
0.00%
0.0000%
 
                     
Total Foreclosures
9
5,499,129
         
4
1,670,506
 
 
0.75%
0.9877%
         
0.33%
0.2988%
 
                     
Total REOs
1
408,851
         
0
0
 
 
0.08%
0.0734%
         
0.00%
0.0000%
 
                     
Total BK, FC & REO
10
5,907,981
         
4
1,670,506
 
 
0.84%
1.0611%
         
0.33%
0.2988%
 
                     
Total Delinquent, Bankruptcy, Foreclosure and REO
                   
                     
30+
82
39,754,710
         
78
34,947,430
 
 
6.87%
7.1401%
         
6.48%
6.2507%
 
                     
60+
48
21,707,767
         
41
18,514,102
 
 
4.02%
3.8988%
         
3.41%
3.3114%
 
                     
90+
36
16,819,670
         
22
11,207,041
 
 
3.02%
3.0209%
         
1.83%
2.0045%
 
                     
120+
20
10,334,927
         
12
5,474,003
 
 
1.68%
1.8562%
         
1.00%
0.9791%
 
                     
150+
10
4,567,681
         
7
3,268,966
 
 
0.84%
0.8204%
         
0.58%
0.5847%
 
                     
180+
6
3,012,191
         
1
351,113
 
 
0.50%
0.5410%
         
0.08%
0.0628%
 
                     
270+
0
0
         
0
0
 
 
0.00%
0.0000%
         
0.00%
0.0000%
 
                     
360+
0
0
         
0
0
 
 
0.00%
0.0000%
         
0.00%
0.0000%
 
                     
                     
                     
                     
                     
                     
Realized Loss Detail
     
                     
 
Realized Losses
               
                     
 
Current Period Realized Losses
         
-
 
 
Cumulative Realized Losses
         
-
 
 
Total Liquidated Loan Balance
         
-
 
 
Total Liquidated Proceeds
         
-
 
 
Subsequent Recoveries
           
-
 
 
MDR ( Monthly Default Rate )
         
0.00000%
 
 
CDR ( Conditional Default Rate )
         
0.00000%
 
                     
       
                     
Loan ID
     
Liquidation Balance
Liquidation Proceeds
Realized Loss
       
Group I
                   
                     
       
N/A
           
                     
                     
                     
                     
                     
                     
                     
                     
                     
Servicer Remittance Summary
     
                     
 
Interest Remittance Amount
             
                     
 
Scheduled Interest Collected
         
3,329,246.40
 
 
Plus: Compensating Interest
         
1,437.99
 
 
Less: Servicing Fees
           
174,718.01
 
 
Less: Mortgage Insurance Premium
         
8,697.07
 
 
Total Interest Remittance Amount
         
3,147,269.32
 
                     
 
Principal Remittance Amount
             
                     
 
Scheduled Principal
           
(1,266,948.74)
 
 
Curtailment Principal
           
279,740.59
 
 
Paid in Full Principal
           
3,301,019.18
 
 
Repurchased Principal
           
-
 
 
Liquidation Principal
           
-
 
 
Subsequent Recoveries
           
-
 
 
Less: Non-Recoverable Principal Advances relating to Principal
     
-
 
 
Total Principal Remittance Amount
         
2,313,811.03
 
                     
 
Other Remittance Amounts
             
                     
 
Prepayment Charge
           
43,048.00
 
 
Other Amounts Required
           
-
 
 
Total Other Remittance
           
43,048.00
 
                     
 
Total Servicer Remittance
         
5,504,128.35
 
                     
                     
                     
                     
                     
                     
Distributable Amounts
     
                     
 
Principal Distribution Amount
             
                     
 
Principal Remittance Amount
         
2,313,811.03
 
 
Plus: Supplemental Loan Deposit
         
-
 
 
Plus: Extra Principal Distribution Amount
       
-
 
 
Less: OC Reduction
           
-
 
 
Principal Distribution Amount
         
2,313,811.03
 
                     
 
Interest Funds
               
                     
 
Interest Remittance
           
3,147,269.32
 
 
Less: Trustee Fee
           
4,193.23
 
 
Interest Funds
           
3,143,076.09
 
                     
                     
                     
Distribution Summary
     
                     
 
Amounts Available for Distribution
           
                     
 
Total Servicer Remittance
         
5,504,128.35
 
 
Investment Income
           
-
 
 
Corridor Proceeds
           
-
 
 
Capitalized Interest Account withdrawal
       
-
 
 
Supplemental Loan Deposit
         
-
 
 
Carryover Reserve Fund withdrawal
         
-
 
 
Principal Reserve Fund withdrawal
         
-
 
 
Other Amounts
           
-
 
 
Total Available
           
5,504,128.35
 
                     
 
Distribution Payments
               
                     
 
Trustee Fee
           
4,193.23
 
 
Swap Payments (Out) & Fees
         
756,490.66
 
 
Class Payments
           
4,743,444.45
 
 
Total Payments
           
5,504,128.35
 
                     
                     
                     
                     
                     
                     
Trust Accounts
     
                     
 
Distribution Account
               
                     
 
Beginning Balance
           
-
 
 
Deposit
             
5,504,128.35
 
 
Withdrawal
           
5,504,128.35
 
 
Ending Balance
           
-
 
                     
 
Carryover Reserve Account
             
                     
 
Beginning Balance
           
-
 
 
Deposits
             
-
 
 
Withdrawals
           
-
 
 
Ending Balance
           
-
 
                     
 
Full Swap Account
               
                     
 
Beginning Balance
           
-
 
 
Deposits
             
746,774.04
 
 
Withdrawals
           
746,774.04
 
 
Ending Balance
           
-
 
                     
                     
                     
                     
 
A1B Swap Account
               
                     
 
Beginning Balance
           
-
 
 
Deposit
             
9,716.62
 
 
Withdrawals
           
9,716.62
 
 
Ending Balance
           
-
 
                     
                     
                     
                     
                     
                     
Net Rate Carryover Details
     
                     
 
Net Rate Cap Details
               
                     
 
Libor Rate
           
3.37625%
 
 
Net Rate Cap for A1B
           
6.52842%
 
 
Net Rate Cap for Senior Certs
         
6.52842%
 
 
Net Rate Cap for Subordinate Certs
         
6.52842%
 
                     
       
                     
Class
     
Beginning Balance
Interest Thereon
Current Period Amount
Amount Paid
Ending Amount
   
A1A
     
-
-
-
-
-
   
A1B
     
-
-
-
-
-
   
A2
     
-
-
-
-
-
   
A3
     
-
-
-
-
-
   
M1
     
-
-
-
-
-
   
M2
     
-
-
-
-
-
   
M3
     
-
-
-
-
-
   
M4
     
-
-
-
-
-
   
M5
     
-
-
-
-
-
   
M6
     
-
-
-
-
-
   
M7
     
-
-
-
-
-
   
Total
     
--
--
--
--
--
   
                     
                     
                     
                     
                     
                     
                     
Credit Enhancements
     
                     
 
Overcollateralization Details
             
                     
 
OC Prior
             
7,637,021.50
 
 
OC Floor
             
2,937,315.96
 
 
OC Target
           
7,637,021.50
 
 
OC Deficiency
           
-
 
 
OC Reduction
           
-
 
 
OC Ending
           
7,637,021.50
 
                     
                     
                     
                     
                     
                     
Trigger Event Details
     
                     
 
Delinquency Trigger Test
             
                     
 
Current Month
           
21,707,767.29
 
 
1 Month Prior
           
18,514,101.54
 
 
2 Months Prior
           
12,805,613.93
 
                     
 
Three-month Rolling Delinquency Rate
       
3.15347%
 
 
Senior Enhancement Percentage
         
7.09250%
 
 
Specified Delinquency Rate Trigger
         
100.00000%
 
                     
 
Is Delinquency Trigger Event in Effect?
     
NO
   
                     
 
Delinquency Trigger Event applicable only on
           
 
or after the Step-Down Date
             
                     
                     
                     
                     
 
Cumulative Loss Trigger Test
             
                     
 
Cumulative Loss Percentage
         
0.00000%
 
 
Specified Cumulative Loss Percentage
       
100.00000%
 
                     
 
Is Cumulative Loss Trigger Event in Effect?
     
NO
   
                     
 
Cumulative Loss Trigger Event applicable
           
 
only on or after the Step-Down Date
             
                     
 
Is Trigger Event in Effect?
       
NO
   
                     
 
Has Stepdown Date been reached?
     
NO
   
                     
                     
                     
                     
                     
                     
                     
                     
Prepayment Loan Details
     
                     
 
Prepayment Penalties
           
43,048.00
 
                     
       
                     
Loan ID
     
Balance
Paid Off Date
Penalty
State
Rate
Seasoning
Type
Group I
                   
                     
168503351
     
114,019.26
1/30/2008
-
MO
8.250
8
Paid in Full
169907588
     
217,825.85
2/14/2008
-
MI
6.875
7
Paid in Full
165465467
     
671,066.33
1/31/2008
-
CA
7.375
9
Paid in Full
168524555
     
254,696.57
2/5/2008
6,972.00
AZ
7.000
10
Paid in Full
168527420
     
262,778.09
2/13/2008
7,540.00
WA
7.250
12
Paid in Full
                     
169626706
     
306,650.87
1/23/2008
-
NJ
8.250
7
Paid in Full
168526660
     
490,260.12
2/14/2008
-
CA
7.625
10
Paid in Full
165853861
     
82,801.25
2/13/2008
-
SC
8.250
8
Paid in Full
161784336
     
274,622.76
2/6/2008
8,505.00
WA
7.875
8
Paid in Full
169362922
     
617,943.63
1/25/2008
20,031.00
WA
8.250
8
Paid in Full
                     
                     
                     
                     
                     
                     
                     
                     
                     
                     
Stratification Tables
     
                     
                     
                     
                     
                     
 
 
 
Number of Items
Percent of Items
Principal Balance
Percent of Balance
       
< =
 
-
0
0.000
-
0.000
       
-
-
100,000.00
24
2.012
1,955,475.54
0.351
       
100,000.00
-
200,000.00
185
15.507
29,217,470.02
5.248
       
200,000.00
-
300,000.00
247
20.704
62,378,250.49
11.203
       
300,000.00
-
400,000.00
187
15.675
66,052,065.54
11.863
       
400,000.00
-
500,000.00
186
15.591
84,126,883.32
15.109
       
500,000.00
-
600,000.00
111
9.304
61,686,673.00
11.079
       
600,000.00
-
700,000.00
77
6.454
50,189,307.29
9.014
       
700,000.00
-
800,000.00
35
2.934
26,729,545.23
4.801
       
800,000.00
-
900,000.00
31
2.598
26,532,120.43
4.765
       
900,000.00
-
1,000,000.00
37
3.101
36,504,250.98
6.556
       
1,000,000.00
-
1,100,000.00
7
0.587
7,483,482.05
1.344
       
1,100,000.00
-
1,200,000.00
9
0.754
10,637,735.15
1.911
       
1,200,000.00
-
1,300,000.00
13
1.090
16,546,774.90
2.972
       
1,300,000.00
-
1,400,000.00
7
0.587
9,505,742.35
1.707
       
1,400,000.00
-
1,500,000.00
10
0.838
14,892,912.02
2.675
       
1,500,000.00
-
1,600,000.00
3
0.251
4,745,874.87
0.852
       
1,600,000.00
-
1,700,000.00
5
0.419
8,317,747.76
1.494
       
1,700,000.00
-
1,800,000.00
4
0.335
7,118,206.05
1.278
       
1,800,000.00
-
1,900,000.00
4
0.335
7,518,773.46
1.350
       
1,900,000.00
-
2,000,000.00
3
0.251
6,055,296.87
1.088
       
>
 
2,000,000.00
8
0.671
18,589,221.89
3.339
       
 
 
Wgt Ave / Total:
1193
100.000
556,783,809.21
100.000
       
 
         
 
       
 
 
 
 
 
 
 
       
                     
                     
                     
                     
                     
 
 
 
Number of Items
Percent of Items
Principal Balance
Percent of Balance
       
< =
 
0.0
0
0.000
-
0.000
       
0.0
-
0.5
0
0.000
-
0.000
       
0.5
-
1.0
0
0.000
-
0.000
       
1.0
-
1.5
0
0.000
-
0.000
       
1.5
-
2.0
0
0.000
-
0.000
       
2.0
-
2.5
0
0.000
-
0.000
       
2.5
-
3.0
0
0.000
-
0.000
       
3.0
-
3.5
0
0.000
-
0.000
       
3.5
-
4.0
0
0.000
-
0.000
       
4.0
-
4.5
0
0.000
-
0.000
       
4.5
-
5.0
1
0.084
197,946.58
0.036
       
5.0
-
5.5
3
0.251
2,915,797.42
0.524
       
5.5
-
6.0
16
1.341
10,120,884.81
1.818
       
6.0
-
6.5
129
10.813
71,387,102.35
12.821
       
6.5
-
7.0
375
31.433
186,573,362.74
33.509
       
7.0
-
7.5
337
28.248
155,996,358.87
28.017
       
7.5
-
8.0
227
19.028
94,549,401.97
16.981
       
8.0
-
8.5
86
7.209
28,243,704.51
5.073
       
8.5
-
9.0
17
1.425
6,121,590.82
1.099
       
9.0
-
9.5
2
0.168
677,659.14
0.122
       
9.5
-
10.0
0
0.000
-
0.000
       
>
 
10.0
0
0.000
-
0.000
       
 
 
Wgt Ave / Total:
1193
100.000
556,783,809.21
100.000
       
 
         
 
       
 
 
 
 
 
 
 
       
                     
                     
                     
                     
                     
 
 
Location
Number of Items
Percent of Items
Principal Balance
Percent of Balance
       
 
 
CA
506
42.414
281,792,672.52
50.611
       
 
 
FL
175
14.669
66,017,290.10
11.857
       
 
 
AZ
46
3.856
17,281,271.32
3.104
       
 
 
VA
17
1.425
8,602,054.34
1.545
       
 
 
WA
89
7.460
38,679,884.85
6.947
       
 
 
CO
14
1.174
5,065,762.11
0.910
       
 
 
Others
346
29.003
139,344,873.97
25.027
       
 
 
Wgt Ave / Total:
1193
100.000
556,783,809.21
100.000
       
 
         
 
       
 
 
 
 
 
 
 
       
                     
                     
                     
                     
                     
 
 
 
Number of Items
Percent of Items
Principal Balance
Percent of Balance
       
< =
 
120
0
0.000
-
0.000
       
120
-
180
0
0.000
-
0.000
       
180
-
300
0
0.000
-
0.000
       
300
-
360
1149
96.312
535,679,956.82
96.210
       
>
 
360
44
3.688
21,103,852.39
3.790
       
 
 
Wgt Ave / Total:
1193
100.000
556,783,809.21
100.000
       


 
 

 


THE
BANK OF
NEW
YORK
           
101 Barclay Street, 4 West
     
Distribution Date: 03/25/08
New York, NY 10286
         
Officer:
Corrie Wagner
212-815-8357
     
Associate:
William Herrmann
212-815-4595
     

CWALT, Inc.
Alternative Loan Trust 2007-OH03
Mortgage Pass-Through Certificates, Series 2007-OH03

Certificateholder Monthly Distribution Summary

Class
Cusip
Class Description
Certificate Rate Type
Beginning Balance
Pass Through Rate (%)
Principal Distribution
Interest Distribution
Total Distribution
Current Realized Losses
Ending Balance
Cumulative Realized Losses
A1A
02151DAC8
Senior
Fix-Act/360
149,798,087.22
3.425000
1,997,280.13
413,297.08
2,410,577.22
-
147,800,807.09
-
A1B
02151DAD6
Senior
Fix-Act/360
160,479,407.81
3.355000
2,139,695.77
433,717.89
2,573,413.65
-
158,339,712.04
-
A2
02151DAE4
Senior
Fix-Act/360
129,282,210.93
3.485000
1,723,738.91
362,941.85
2,086,680.76
-
127,558,472.02
-
A3
02151DAG9
Senior
Fix-Act/360
77,570,081.75
3.635000
1,034,253.41
227,140.28
1,261,393.70
-
76,535,828.34
-
AR
02151DAA2
Senior
Fix-30/360
-
0.000000
-
-
-
-
-
-
CP
02151DAB0
Residual
Fix-Act/360
556,783,809.21
0.000000
-
707,076.13
707,076.13
-
549,888,840.99
-
 
 
 
 
 
 
 
 
 
 
 
 
M1
02151DAH7
Subordinate
Fix-Act/360
9,987,000.00
3.935000
-
31,657.40
31,657.40
-
9,987,000.00
-
M2
02151DAJ3
Subordinate
Fix-Act/360
6,462,000.00
4.135000
-
21,524.74
21,524.74
-
6,462,000.00
-
M3
02151DAK0
Subordinate
Fix-Act/360
2,938,000.00
4.385000
-
10,378.08
10,378.08
-
2,938,000.00
-
M4
02151DAL8
Subordinate
Fix-Act/360
2,937,000.00
4.885000
-
11,557.50
11,557.50
-
2,937,000.00
-
M5
02151DAM6
Subordinate
Fix-Act/360
2,937,000.00
4.885000
-
11,557.50
11,557.50
-
2,937,000.00
-
M6
02151DAN4
Subordinate
Fix-Act/360
3,525,000.00
4.885000
-
13,871.36
13,871.36
-
3,525,000.00
-
M7
02151DAP9
Subordinate
Fix-Act/360
3,231,000.00
4.885000
-
12,714.43
12,714.43
-
3,231,000.00
-
 
 
 
 
 
 
 
 
 
 
 
 
Totals
 
 
 
549,146,787.71
 
6,894,968.22
2,257,434.24
9,152,402.47
-
542,251,819.49
-

Principal Distribution Detail

Class
Cusip
Original Certificate Balance
Beginning Certificate Balance
Scheduled Principal Distribution
Net Principal Distribution
Deferred Interest
Current Realized Losses
Ending Certificate Balance
Ending Certificate Factor
A1A
02151DAC8
158,685,000.00
149,798,087.22
1,997,280.13
1,997,280.13
-
-
147,800,807.09
0.931410071
A1B
02151DAD6
170,000,000.00
160,479,407.81
2,139,695.77
2,139,695.77
-
-
158,339,712.04
0.931410071
A2
02151DAE4
136,952,000.00
129,282,210.93
1,723,738.91
1,723,738.91
-
-
127,558,472.02
0.931410071
A3
02151DAG9
82,172,000.00
77,570,081.75
1,034,253.41
1,034,253.41
-
-
76,535,828.34
0.931410071
AR
02151DAA2
100.00
-
-
-
-
-
-
0.000000000
CP
02151DAB0
587,463,192.40
556,783,809.21
-
-
-
-
549,888,840.99
0.936039650
 
 
 
 
 
 
 
 
 
 
M1
02151DAH7
9,987,000.00
9,987,000.00
-
-
-
-
9,987,000.00
1.000000000
M2
02151DAJ3
6,462,000.00
6,462,000.00
-
-
-
-
6,462,000.00
1.000000000
M3
02151DAK0
2,938,000.00
2,938,000.00
-
-
-
-
2,938,000.00
1.000000000
M4
02151DAL8
2,937,000.00
2,937,000.00
-
-
-
-
2,937,000.00
1.000000000
M5
02151DAM6
2,937,000.00
2,937,000.00
-
-
-
-
2,937,000.00
1.000000000
M6
02151DAN4
3,525,000.00
3,525,000.00
-
-
-
-
3,525,000.00
1.000000000
M7
02151DAP9
3,231,000.00
3,231,000.00
-
-
-
-
3,231,000.00
1.000000000
 
 
 
 
 
 
 
 
 
 
Totals
 
579,826,100.00
549,146,787.71
6,894,968.22
6,894,968.22
-
-
542,251,819.49
 

Interest Distribution Detail

Class
Beginning Certificate Balance
Pass Through Rate (%)
Effective Coupon (%)
Current Interest
Total Interest Due
Net Rate Carryover Paid
Net Interest Shortfall
Interest Paid
Net Rate Carryover After Dist.
A1A
149,798,087.22
3.425000
3.425000
413,297.08
413,297.08
-
-
413,297.08
-
A1B
160,479,407.81
3.355000
3.355000
433,717.89
433,717.89
-
-
433,717.89
-
A2
129,282,210.93
3.485000
3.485000
362,941.85
362,941.85
-
-
362,941.85
-
A3
77,570,081.75
3.635000
3.635000
227,140.28
227,140.28
-
-
227,140.28
-
AR
-
0.000000
0.000000
-
-
-
-
-
-
CP
556,783,809.21
0.000000
1.576464
-
-
-
-
707,076.13
-
 
 
 
 
 
 
 
 
 
 
M1
9,987,000.00
3.935000
3.935000
31,657.40
31,657.40
-
-
31,657.40
-
M2
6,462,000.00
4.135000
4.135000
21,524.74
21,524.74
-
-
21,524.74
-
M3
2,938,000.00
4.385000
4.385000
10,378.08
10,378.08
-
-
10,378.08
-
M4
2,937,000.00
4.885000
4.885000
11,557.50
11,557.50
-
-
11,557.50
-
M5
2,937,000.00
4.885000
4.885000
11,557.50
11,557.50
-
-
11,557.50
-
M6
3,525,000.00
4.885000
4.885000
13,871.36
13,871.36
-
-
13,871.36
-
M7
3,231,000.00
4.885000
4.885000
12,714.43
12,714.43
-
-
12,714.43
-
 
 
 
 
 
 
 
 
 
 
Totals
549,146,787.71
 
 
1,550,358.11
1,550,358.11
-
-
2,257,434.24
-

Current Payment Information
Factors per $1,000

Class
Cusip
Original Certificate Balance
Beginning Certificate Balance
Principal Distribution
Interest Distribution
Ending Certificate Balance
Pass Through Rate (%)
A1A
02151DAC8
158,685,000.00
943.996516503
12.586445677
2.604512611
931.410070825
3.425000
A1B
02151DAD6
170,000,000.00
943.996516503
12.586445677
2.551281696
931.410070825
3.355000
A2
02151DAE4
136,952,000.00
943.996516503
12.586445677
2.650139109
931.410070825
3.485000
A3
02151DAG9
82,172,000.00
943.996516503
12.586445677
2.764205355
931.410070825
3.635000
AR
02151DAA2
100.00
0.000000000
0.000000000
0.000000000
0.000000000
0.000000
CP
02151DAB0
587,463,192.40
947.776501427
0.000000000
1.203609250
936.039649980
0.000000
 
 
 
 
 
 
 
 
M1
02151DAH7
9,987,000.00
1000.000000000
0.000000000
3.169861111
1000.000000000
3.935000
M2
02151DAJ3
6,462,000.00
1000.000000000
0.000000000
3.330972222
1000.000000000
4.135000
M3
02151DAK0
2,938,000.00
1000.000000000
0.000000000
3.532361111
1000.000000000
4.385000
M4
02151DAL8
2,937,000.00
1000.000000000
0.000000000
3.935138889
1000.000000000
4.885000
M5
02151DAM6
2,937,000.00
1000.000000000
0.000000000
3.935138889
1000.000000000
4.885000
M6
02151DAN4
3,525,000.00
1000.000000000
0.000000000
3.935138889
1000.000000000
4.885000
M7
02151DAP9
3,231,000.00
1000.000000000
0.000000000
3.935138889
1000.000000000
4.885000
 
 
 
 
 
 
 
 
Totals
 
579,826,100.00
947.088769736
11.891441624
3.893295317
935.197328113
 

THE
BANK OF
NEW
YORK
           
101 Barclay Street, 4 West
       
New York, NY 10286
         
Officer:
Corrie Wagner
212-815-8357
     
Associate:
William Herrmann
212-815-4595
     

Pool Level Data
                   
Distribution Date
             
3/25/2008
 
Cut-off Date
               
7/1/2007
 
Record Date
               
2/29/2008
 
Determination Date
             
3/1/2008
 
LIBOR Determination Date
           
2/21/2008
 
Accrual Period 30/360
   
Begin
       
2/1/2008
 
       
End
       
3/1/2008
 
Number of Days in 30/360 Accrual Period
           
30
 
                     
Accrual Period Actual Days
 
Begin
       
2/25/2008
 
       
End
       
3/25/2008
 
Number of Days in Actual Accrual Period
           
29
 
                     
                     
                     
                     
Additional Rate Detail
     
                     
 
Libor Rate
             
3.1350000%
 
                     
 
Libor Certificates Net Rate Cap
         
6.9758092%
 
                     
                     
                     
                     
                     
                     
Collateral Detail
     
                     
 
Original Mortgage Loan Details
             
                     
 
Original Aggregate Loan Count
         
1,257
 
 
Original Stated Principal Balance
         
587,463,192.40
 
 
Original Weighted Average Mortgage Rate
       
7.16910%
 
 
Original Weighted Average Net Mortgage Rate
       
6.76679%
 
 
Original Weighted Average Remaining Term
       
364
 
                     
 
Current Mortgage Loan Details
             
                     
 
Beginning Aggregate Loan Count
         
1,193
 
 
Loans Paid Off or otherwise removed pursuant to the PSA
     
15
 
 
Ending Aggregate Loan Count
         
1,178
 
                     
 
Beginning Pool Stated Principal Balance
       
556,783,809.21
 
 
Scheduled Principal
           
(1,262,615.68)
 
 
Unscheduled Principal
           
8,157,583.90
 
 
Realized Principal Losses
           
-
 
 
Ending Pool Stated Principal Balance
         
549,888,840.99
 
                     
 
Beginning Weighted Average Mortgage Rate
       
7.14573%
 
 
Beginning Weighted Average Net Mortgage Rate
       
6.74328%
 
 
Ending Weighted Average Mortgage Rate
       
7.14614%
 
 
Ending Weighted Average Net Mortgage Rate
       
6.74421%
 
                     
 
Beginning Weighted Average Remaining Term to Maturity
     
357
 
 
Ending Weighted Average Remaining Term to Maturity
     
356
 
                     
                     
                     
                     
 
Loan Substitution
               
                     
 
Aggregate Stated of Principal Balances Removed
       
-
 
 
Aggregate Stated of Principal Balance Added
       
-
 
 
Aggregate Principal Substitution Shortfall Amount
       
-
 
                     
 
Fees of the Trust
               
                     
 
Gross Master Servicing Fee
         
173,994.94
 
 
Net Master Servicing Fee
           
169,295.99
 
 
Trustee Fee
           
4,175.88
 
 
Certificate Insurance Premium
         
-
 
 
Mortgage Insurance Premium
         
8,559.63
 
 
Total Net Fees of the Trust
           
182,031.50
 
                     
 
Servicer Advances
               
                     
 
Principal Advances
           
(107,108.18)
 
 
Interest Advances
           
266,501.20
 
 
Reimbursement for Principal & Interest Advances
       
-
 
 
Reimbursement for Nonrecoverable Advances
       
-
 
 
Total Advances
           
159,393.02
 
                     
 
Mortgage Prepayment Details
             
                     
 
Principal Balance of Loans Paid in Full
       
7,891,052.26
 
 
Prepayment Interest Excess
         
-
 
 
Prepayment Interest Shortfall
         
4,698.95
 
 
Compensating Interest
           
4,698.95
 
 
Non-Supported Prepayment Interest Shortfall
       
-
 
 
Prepayment Charges
           
26,495.31
 
 
CPR %
             
16.19790%
 
 
SMM %
             
1.46181%
 
                     
                     
                     
                     
Group 1 - Current Delinquency Information
     
                     
Days
Delinquency
Bankruptcy
Foreclosure
REO
Total
Current
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
 
 
 
0
-
0
-
0
-
0
-
 
 
 
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
 
 
 
 
 
 
 
 
 
 
 
                     
30 - 59
32
15,191,274.27
0
-
0
-
0
-
32
15,191,274.27
 
2.72%
2.76%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
2.72%
2.76%
                     
60 - 89
12
8,001,447.66
0
-
0
-
0
-
12
8,001,447.66
 
1.02%
1.46%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
1.02%
1.46%
                     
90 - 119
13
5,711,093.02
0
-
0
-
0
-
13
5,711,093.02
 
1.10%
1.04%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
1.10%
1.04%
                     
120 - 149
10
3,347,039.49
0
-
5
2,743,356.77
1
409,944.43
16
6,500,340.69
 
0.85%
0.61%
0.00%
0.00%
0.42%
0.50%
0.08%
0.07%
1.36%
1.18%
                     
150 - 179
3
1,355,362.47
0
-
6
3,769,710.16
0
-
9
5,125,072.63
 
0.25%
0.25%
0.00%
0.00%
0.51%
0.69%
0.00%
0.00%
0.76%
0.93%
                     
180 - 269
4
1,459,126.98
1
1,008,964.48
5
2,109,996.93
0
-
10
4,578,088.39
 
0.34%
0.27%
0.08%
0.18%
0.42%
0.38%
0.00%
0.00%
0.85%
0.83%
                     
270 - 359
0
-
0
-
0
-
0
-
0
-
 
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
                     
360+
0
-
0
-
0
-
0
-
0
-
 
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
                     
Total
74
35,065,343.89
1
1,008,964.48
16
8,623,063.86
1
409,944.43
92
45,107,316.66
 
6.28%
6.38%
0.08%
0.18%
1.36%
1.57%
0.08%
0.07%
7.81%
8.20%
                     
                     
                     
                     
Group 1 - Current Delinquency Information (continued)
     
                     
Days
Delinquency
Bankruptcy
Foreclosure
REO
Total
30+
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
 
74
35,065,343.89
1
1,008,964.48
16
8,623,063.86
1
409,944.43
92
45,107,316.66
 
6.28%
6.38%
0.08%
0.18%
1.36%
1.57%
0.08%
0.07%
7.81%
8.20%
 
 
 
 
 
 
 
 
 
 
 
                     
60+
42
19,874,069.62
1
1,008,964.48
16
8,623,063.86
1
409,944.43
60
29,916,042.39
 
3.57%
3.61%
0.08%
0.18%
1.36%
1.57%
0.08%
0.07%
5.09%
5.44%
                     
90+
30
11,872,621.96
1
1,008,964.48
16
8,623,063.86
1
409,944.43
48
21,914,594.73
 
2.55%
2.16%
0.08%
0.18%
1.36%
1.57%
0.08%
0.07%
4.07%
3.99%
                     
120+
17
6,161,528.94
1
1,008,964.48
16
8,623,063.86
1
409,944.43
35
16,203,501.71
 
1.44%
1.12%
0.08%
0.18%
1.36%
1.57%
0.08%
0.07%
2.97%
2.95%
                     
150+
7
2,814,489.45
1
1,008,964.48
11
5,879,707.09
0
-
19
9,703,161.02
 
0.59%
0.51%
0.08%
0.18%
0.93%
1.07%
0.00%
0.00%
1.61%
1.76%
                     
180+
4
1,459,126.98
1
1,008,964.48
5
2,109,996.93
0
-
10
4,578,088.39
 
0.34%
0.27%
0.08%
0.18%
0.42%
0.38%
0.00%
0.00%
0.85%
0.83%
                     
270+
0
-
0
-
0
-
0
-
0
-
 
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
                     
360+
0
-
0
-
0
-
0
-
0
-
 
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
                     
                     
                     
                     
Group 1 - Historical Delinquency Information
     
                     
Loan Status
3/25/2008
     
2/25/2008
1/25/2008
 
30 - 59
#
Balance
     
#
Balance
#
Balance
 
 
32
15,191,274.27
     
34
18,046,942.47
37
16,433,328.08
 
 
2.72%
2.76%
     
2.85%
3.24%
3.08%
2.94%
 
 
 
 
     
 
 
 
 
 
                     
60 - 89
12
8,001,447.66
     
12
4,888,097.48
19
7,307,060.32
 
 
1.02%
1.46%
     
1.01%
0.88%
1.58%
1.31%
 
                     
90 - 119
13
5,711,093.02
     
15
6,075,891.75
10
5,733,038.29
 
 
1.10%
1.04%
     
1.26%
1.09%
0.83%
1.03%
 
                     
120 - 149
10
3,347,039.49
     
6
3,072,749.99
4
1,754,389.61
 
 
0.85%
0.61%
     
0.50%
0.55%
0.33%
0.31%
 
                     
150 - 179
3
1,355,362.47
     
3
1,103,763.52
3
1,697,995.31
 
 
0.25%
0.25%
     
0.25%
0.20%
0.25%
0.30%
 
                     
180 - 269
4
1,459,126.98
     
2
659,284.00
1
351,112.50
 
 
0.34%
0.27%
     
0.17%
0.12%
0.08%
0.06%
 
                     
270 - 359
0
-
     
0
-
0
-
 
 
0.00%
0.00%
     
0.00%
0.00%
0.00%
0.00%
 
                     
360+
0
-
     
0
-
0
-
 
 
0.00%
0.00%
     
0.00%
0.00%
0.00%
0.00%
 
                     
Total Delinquent Loans
74
35,065,343.89
     
72
33,846,729.21
74
33,276,924.11
 
 
6.28%
6.38%
     
6.04%
6.08%
6.15%
5.95%
 
                     
                     
                     
                     
Group 1 - Historical Delinquency Information (continued)
     
                     
Loan Status
3/25/2008
     
2/25/2008
1/25/2008
 
Total Bankruptcies
#
Balance
     
#
Balance
#
Balance
 
 
1
1,008,964.48
     
0
-
0
-
 
 
0.08%
0.18%
     
0.00%
0.00%
0.00%
0.00%
 
 
 
 
     
 
 
 
 
 
                     
Total Foreclosures
16
8,623,063.86
     
9
5,499,129.24
4
1,670,505.51
 
 
1.36%
1.57%
     
0.75%
0.99%
0.33%
0.30%
 
                     
Total REOs
1
409,944.43
     
1
408,851.31
0
-
 
 
0.08%
0.07%
     
0.08%
0.07%
0.00%
0.00%
 
                     
Total BK, FC & REO
18
10,041,972.77
     
10
5,907,980.55
4
1,670,505.51
 
 
1.53%
1.83%
     
0.84%
1.06%
0.33%
0.30%
 
                     
Total Delinquent, Bankruptcy, Foreclosure and REO
                   
                     
30+
92
45,107,316.66
     
82
39,754,709.76
78
34,947,429.62
 
 
7.81%
8.20%
     
6.87%
7.14%
6.48%
6.25%
 
                     
60+
60
29,916,042.39
     
48
21,707,767.29
41
18,514,101.54
 
 
5.09%
5.44%
     
4.02%
3.90%
3.41%
3.31%
 
                     
90+
48
21,914,594.73
     
36
16,819,669.81
22
11,207,041.22
 
 
4.07%
3.99%
     
3.02%
3.02%
1.83%
2.00%
 
                     
120+
35
16,203,501.71
     
20
10,334,926.75
12
5,474,002.93
 
 
2.97%
2.95%
     
1.68%
1.86%
1.00%
0.98%
 
                     
150+
19
9,703,161.02
     
10
4,567,680.99
7
3,268,965.53
 
 
1.61%
1.76%
     
0.84%
0.82%
0.58%
0.58%
 
                     
180+
10
4,578,088.39
     
6
3,012,190.79
1
351,112.50
 
 
0.85%
0.83%
     
0.50%
0.54%
0.08%
0.06%
 
                     
270+
0
-
     
0
-
0
-
 
 
0.00%
0.00%
     
0.00%
0.00%
0.00%
0.00%
 
                     
360+
0
-
     
0
-
0
-
 
 
0.00%
0.00%
     
0.00%
0.00%
0.00%
0.00%
 
                     
                     
                     
                     
                     
                     
Realized Loss Detail
     
                     
 
Realized Losses
               
                     
 
Current Period Realized Losses
         
-
 
 
Cumulative Realized Losses
         
11.00
 
 
Total Liquidated Loan Balance
         
-
 
 
Total Liquidated Proceeds
           
-
 
 
Subsequent Recoveries
           
(11.00)
 
 
MDR ( Monthly Default Rate )
         
0.00000%
 
 
CDR ( Conditional Default Rate )
         
0.00000%
 
                     
       
                     
Loan ID
     
Liquidation Balance
Liquidation Proceeds
Realized Loss
       
Group I
                   
                     
       
N/A
           
                     
                     
                     
                     
                     
                     
                     
                     
                     
Servicer Remittance Summary
     
                     
 
Interest Remittance Amount
             
                     
 
Scheduled Interest Collected
         
3,310,823.55
 
 
Plus: Compensating Interest
         
4,698.95
 
 
Less: Servicing Fees
           
173,994.94
 
 
Less: Mortgage Insurance Premium
         
8,559.63
 
 
Total Interest Remittance Amount
         
3,132,967.93
 
                     
 
Principal Remittance Amount
             
                     
 
Scheduled Principal
           
(1,262,615.68)
 
 
Curtailment Principal
           
266,531.64
 
 
Paid in Full Principal
           
7,891,052.26
 
 
Repurchased Principal
           
-
 
 
Liquidation Principal
           
-
 
 
Subsequent Recoveries
           
(11.00)
 
 
Less: Non-Recoverable Principal Advances relating to Principal
     
-
 
 
Total Principal Remittance Amount
         
6,894,957.22
 
                     
 
Other Remittance Amounts
             
                     
 
Prepayment Charge
           
26,495.31
 
 
Other Amounts Required
           
-
 
 
Total Other Remittance
           
26,495.31
 
                     
 
Total Servicer Remittance
         
10,054,420.46
 
                     
                     
                     
                     
                     
                     
Distributable Amounts
     
                     
 
Principal Distribution Amount
             
                     
 
Principal Remittance Amount
         
6,894,957.22
 
 
Plus: Supplemental Loan Deposit
         
-
 
 
Plus: Extra Principal Distribution Amount
       
11.00
 
 
Less: OC Reduction
           
-
 
 
Principal Distribution Amount
         
6,894,968.22
 
                     
 
Interest Funds
               
                     
 
Interest Remittance
           
3,132,967.93
 
 
Less: Trustee Fee
           
4,175.88
 
 
Interest Funds
           
3,128,792.05
 
                     
                     
                     
Distribution Summary
     
                     
 
Amounts Available for Distribution
             
                     
 
Total Servicer Remittance
           
10,054,420.46
 
 
Investment Income
           
-
 
 
Corridor Proceeds
           
-
 
 
Capitalized Interest Account withdrawal
       
-
 
 
Supplemental Loan Deposit
         
-
 
 
Carryover Reserve Fund withdrawal
         
-
 
 
Principal Reserve Fund withdrawal
         
-
 
 
Other Amounts
           
-
 
 
Total Available
           
10,054,420.46
 
                     
 
Distribution Payments
               
                     
 
Trustee Fee
           
4,175.88
 
 
Swap Payments (Out) & Fees
         
897,842.10
 
 
Class Payments
           
9,152,402.49
 
 
Total Payments
           
10,054,420.46
 
                     
                     
                     
                     
                     
                     
Trust Accounts
     
                     
 
Distribution Account
               
                     
 
Beginning Balance
           
-
 
 
Deposit
             
10,054,420.46
 
 
Withdrawal
           
10,054,420.46
 
 
Ending Balance
           
-
 
                     
 
Carryover Reserve Account
             
                     
 
Beginning Balance
           
-
 
 
Deposits
             
-
 
 
Withdrawals
           
-
 
 
Ending Balance
           
-
 
                     
 
Full Swap Account
               
                     
 
Beginning Balance
           
-
 
 
Deposits
             
888,792.84
 
 
Withdrawals
           
888,792.84
 
 
Ending Balance
           
-
 
                     
                     
                     
                     
 
A1B Swap Account
               
                     
 
Beginning Balance
           
-
 
 
Deposit
             
9,049.26
 
 
Withdrawals
           
9,049.26
 
 
Ending Balance
           
-
 
                     
                     
                     
                     
                     
                     
Net Rate Carryover Details
     
                     
 
Net Rate Cap Details
               
                     
 
Libor Rate
             
3.13500%
 
 
Net Rate Cap for A1B
           
6.97581%
 
 
Net Rate Cap for Senior Certs
         
6.97581%
 
 
Net Rate Cap for Subordinate Certs
         
6.97581%
 
                     
       
                     
Class
     
Beginning Balance
Interest Thereon
Current Period Amount
Amount Paid
Ending Amount
   
A1A
     
-
-
-
-
-
   
A1B
     
-
-
-
-
-
   
A2
     
-
-
-
-
-
   
A3
     
-
-
-
-
-
   
M1
     
-
-
-
-
-
   
M2
     
-
-
-
-
-
   
M3
     
-
-
-
-
-
   
M4
     
-
-
-
-
-
   
M5
     
-
-
-
-
-
   
M6
     
-
-
-
-
-
   
M7
     
-
-
-
-
-
   
Total
     
--
--
--
--
--
   
                     
                     
                     
                     
                     
                     
                     
Credit Enhancements
     
                     
 
Overcollateralization Details
             
                     
 
OC Prior
             
7,637,021.50
 
 
OC Floor
             
2,937,315.96
 
 
OC Target
             
7,637,021.50
 
 
OC Deficiency
           
-
 
 
OC Reduction
           
-
 
 
OC Ending
           
7,637,021.50
 
                     
                     
                     
                     
                     
                     
Trigger Event Details
     
                     
 
Delinquency Trigger Test
             
                     
 
Current Month
           
29,916,042.39
 
 
1 Month Prior
           
21,707,767.29
 
 
2 Months Prior
           
18,514,101.54
 
                     
 
Three-month Rolling Delinquency Rate
         
4.21686%
 
 
Senior Enhancement Percentage
         
7.12198%
 
 
Specified Delinquency Rate Trigger
         
100.00000%
 
                     
 
Is Delinquency Trigger Event in Effect?
     
NO
   
                     
 
Delinquency Trigger Event applicable only on
           
 
or after the Step-Down Date
             
                     
                     
                     
                     
 
Cumulative Loss Trigger Test
             
                     
 
Cumulative Loss Percentage
         
0.00000%
 
 
Specified Cumulative Loss Percentage
       
100.00000%
 
                     
 
Is Cumulative Loss Trigger Event in Effect?
     
NO
   
                     
 
Cumulative Loss Trigger Event applicable
           
 
only on or after the Step-Down Date
             
                     
 
Is Trigger Event in Effect?
       
NO
   
                     
 
Has Stepdown Date been reached?
     
NO
   
                     
                     
                     
                     
                     
                     
                     
                     
Prepayment Loan Details
     
                     
 
Prepayment Penalties
           
26,495.31
 
                     
       
                     
Loan ID
     
Balance
Paid Off Date
Penalty
State
Rate
Seasoning
Type
Group I
                   
                     
170460628
     
809,312.97
2/22/2008
-
CA
7.125
8
Paid in Full
171684875
     
152,041.36
2/28/2008
-
PA
6.625
8
Paid in Full
171084971
     
161,420.71
3/7/2008
-
TX
7.000
8
Paid in Full
171131173
     
466,139.95
2/25/2008
-
NY
7.500
8
Paid in Full
170752342
     
1,481,099.44
3/3/2008
-
WA
6.375
8
Paid in Full
                     
167497634
     
501,071.33
3/7/2008
-
CA
8.625
9
Paid in Full
168523707
     
188,585.06
2/21/2008
3,771.70
VA
7.000
13
Paid in Full
153325289
     
2,257,052.13
3/13/2008
-
CA
6.750
11
Paid in Full
168329432
     
345,788.58
3/4/2008
-
OR
8.125
9
Paid in Full
168527228
     
107,532.04
3/11/2008
2,100.00
MO
7.250
11
Paid in Full
                     
168800806
     
171,951.13
3/6/2008
-
CA
8.000
8
Paid in Full
170042972
     
374,571.25
2/22/2008
-
MD
8.250
8
Paid in Full
171215997
     
244,970.37
3/13/2008
6,761.36
CA
6.875
8
Paid in Full
168941037
     
149,763.24
2/19/2008
-
IL
7.500
9
Paid in Full
169917952
     
462,298.68
2/20/2008
13,862.25
CA
7.625
8
Paid in Full
                     
                     
                     
                     
                     
                     
                     
                     
                     
                     
Stratification Tables
     
                     
                     
                     
                     
                     
 
 
 
Number of Items
Percent of Items
Principal Balance
Percent of Balance
       
< =
 
-
0
0.000
-
0.000
       
-
-
100,000.00
24
2.037
1,954,843.55
0.355
       
100,000.00
-
200,000.00
179
15.195
28,328,681.14
5.152
       
200,000.00
-
300,000.00
246
20.883
62,245,013.76
11.320
       
300,000.00
-
400,000.00
185
15.705
65,451,805.49
11.903
       
400,000.00
-
500,000.00
183
15.535
82,844,973.79
15.066
       
500,000.00
-
600,000.00
111
9.423
61,796,413.44
11.238
       
600,000.00
-
700,000.00
77
6.537
50,279,618.71
9.144
       
700,000.00
-
800,000.00
34
2.886
25,962,382.97
4.721
       
800,000.00
-
900,000.00
31
2.632
26,573,127.86
4.832
       
900,000.00
-
1,000,000.00
37
3.141
36,581,077.19
6.652
       
1,000,000.00
-
1,100,000.00
7
0.594
7,499,293.73
1.364
       
1,100,000.00
-
1,200,000.00
9
0.764
10,653,400.40
1.937
       
1,200,000.00
-
1,300,000.00
13
1.104
16,572,173.17
3.014
       
1,300,000.00
-
1,400,000.00
7
0.594
9,522,853.33
1.732
       
1,400,000.00
-
1,500,000.00
9
0.764
13,442,168.69
2.445
       
1,500,000.00
-
1,600,000.00
3
0.255
4,756,146.91
0.865
       
1,600,000.00
-
1,700,000.00
5
0.424
8,333,740.46
1.516
       
1,700,000.00
-
1,800,000.00
4
0.340
7,130,291.43
1.297
       
1,800,000.00
-
1,900,000.00
4
0.340
7,536,164.28
1.370
       
1,900,000.00
-
2,000,000.00
3
0.255
6,069,246.25
1.104
       
>
 
2,000,000.00
7
0.594
16,355,424.44
2.974
       
 
 
Wgt Ave / Total:
1178
100.000
549,888,840.99
100.000
       
 
         
 
       
 
 
 
 
 
 
 
       
                     
                     
                     
                     
                     
 
 
 
Number of Items
Percent of Items
Principal Balance
Percent of Balance
       
< =
 
0.0
0
0.000
-
0.000
       
0.0
-
0.5
0
0.000
-
0.000
       
0.5
-
1.0
0
0.000
-
0.000
       
1.0
-
1.5
0
0.000
-
0.000
       
1.5
-
2.0
0
0.000
-
0.000
       
2.0
-
2.5
0
0.000
-
0.000
       
2.5
-
3.0
0
0.000
-
0.000
       
3.0
-
3.5
0
0.000
-
0.000
       
3.5
-
4.0
0
0.000
-
0.000
       
4.0
-
4.5
0
0.000
-
0.000
       
4.5
-
5.0
1
0.085
198,275.76
0.036
       
5.0
-
5.5
3
0.255
2,919,967.93
0.531
       
5.5
-
6.0
16
1.358
10,130,389.41
1.842
       
6.0
-
6.5
128
10.866
70,011,069.94
12.732
       
6.5
-
7.0
370
31.409
183,884,374.39
33.440
       
7.0
-
7.5
333
28.268
154,739,770.43
28.140
       
7.5
-
8.0
225
19.100
94,114,679.22
17.115
       
8.0
-
8.5
84
7.131
27,578,017.99
5.015
       
8.5
-
9.0
16
1.358
5,632,800.56
1.024
       
9.0
-
9.5
2
0.170
679,495.36
0.124
       
9.5
-
10.0
0
0.000
-
0.000
       
>
 
10.0
0
0.000
-
0.000
       
 
 
Wgt Ave / Total:
1178
100.000
549,888,840.99
100.000
       
 
         
 
       
 
 
 
 
 
 
 
       
                     
                     
                     
                     
                     
 
 
Location
Number of Items
Percent of Items
Principal Balance
Percent of Balance
       
 
 
CA
500
42.445
277,842,083.38
50.527
       
 
 
FL
175
14.856
66,143,016.85
12.028
       
 
 
AZ
46
3.905
17,314,892.43
3.149
       
 
 
VA
16
1.358
8,430,478.41
1.533
       
 
 
WA
88
7.470
37,268,361.45
6.777
       
 
 
CO
14
1.188
5,074,825.28
0.923
       
 
 
Others
339
28.778
137,815,183.19
25.062
       
 
 
Wgt Ave / Total:
1178
100.000
549,888,840.99
100.000
       
 
         
 
       
 
 
 
 
 
 
 
       
                     
                     
                     
                     
                     
 
 
 
Number of Items
Percent of Items
Principal Balance
Percent of Balance
       
< =
 
120
0
0.000
-
0.000
       
120
-
180
0
0.000
-
0.000
       
180
-
300
0
0.000
-
0.000
       
300
-
360
1135
96.350
529,206,582.33
96.239
       
>
 
360
43
3.650
20,682,258.66
3.761
       
 
 
Wgt Ave / Total:
1178
100.000
549,888,840.99
100.000