Officer's Certificate

§229.1123 Servicer compliance statement.

Saxon Mortgage Services Inc. ("Saxon"), as Servicer, is responsible, under Item 1123 of Regulation AB, for assessing its compliance with the requirements of the Transaction Agreements applicable to it for the transactions listed on Exhibit B, for the year ended December 31, 2006.

I, David Dill, hereby certify that I am an Authorized Officer of Saxon Mortgage Services, Inc., and further certify that:

(i) I have reviewed Saxon's activities during the reporting period and its performance under the applicable Transaction Agreement has been made under my supervision.

(ii) To the best of my knowledge, based on such review, Saxon has fulfilled all of its obligations under the Transaction Agreements in all material respects, throughout the reporting period. We have noted certain exceptions to the performance of the servicing criteria contained in Reg AB Section 1122(d) in our assessment of performance of the servicing criteria, which such exceptions are noted in the attached Exhibit A.

 

We are a debt collector. Any information obtained will be used for that purpose. 470

4708 Mercantile Drive North ■ Fort Worth, TX 76137-3605

P.O. Box 161489 ■ Fort Worth, TX 76161-1489 ■ (817) 665-7200 ■ Fax (817) 665-7400

March 15, 2007	Saxon Mortgage Services Inc.
	/s/ David Dill David Dill Chief Executive Officer and President

EXHIBIT A

"In regard to Items 1122(d)(4)(i) and 1122(d)(l)(ii), based on a review of a sample of 45 loans, it was determined that 36 lien releases were not sent to consumers or to the recording jurisdiction, as appropriate, within the timeframes requirement by Saxon's guidelines, and in 1 case Saxon's guidelines were determined to be incorrect as to the required means of delivery of the lien releases. The delays in timeliness were caused by the failure of Saxon's vendor's database to upload data regarding payments-in-full provided by Saxon in order to produce lien releases in a timely manner.

Saxon has taken the following remedial actions to remedy the exceptions and to prevent exceptions going forward: Saxon has verified that all liens that were not timely released have been released. Saxon reviewed and updated its guidelines for lien releases in May 2006 and provided the updated guidelines to its vendor at that time. Saxon's vendor, at Saxon's direction, researched and detected the cause of the upload error and implemented a solution. Saxon contracted with a new vendor for lien releases and has implemented daily monitoring over the vendor's process of producing lien releases, which consists of validating the number of payoffs sent from Saxon to the vendor and the vendor's receipt of the same number of payoffs. Additionally, the vendor reports are available on line to accommodate daily monitoring the number of loans in each state, the age of each item and the state time guideline."

EXHIBIT B

ACE Securities Corp. Home Equity Loan Trust, Series 2006-NCl

ACE Securities Corp. Home Equity Loan Trust, Series 2006-ASAP1

GSAA Home Equity Trust 2006-2

IXIS Real Estate Capital Trust 2006-HE1

IXIS Real Estate Capital Trust 2006-HE2

IXIS Real Estate Capital Trust 2006 2006-HE3

Morgan Stanley IXIS Real Estate Capital Trust 2006-1

Morgan Stanley IXIS Real Estate Capital Trust 2006-2

Morgan Stanley ABS I Inc. Trust 2006-HE8

Merrill Lynch Mortgage Investors Trust, 2006-RM3

Saxon Asset Securities Trust 2006-1

Saxon Asset Securities Trust 2006-2

Saxon Asset Securities Trust 2006-3

Soundview Home Loan Trust 2006-EQ1