EX-33 6 fifththirdfirstamer1122_.htm FIFTH THIRD FIRST AMERICAN 1122

Exhibit 33.1.3.1

 

REPORT ON ASSESSMENT OF COMPLIANCE

 

First American Real Estate Solutions of Texas, L.P. (an indirect subsidiary of the First American Corporation and the “Asserting Party”) is responsible for assessing compliance as of December 31, 2006, and for the period from January 1, 2006 through December 31, 2006 (the “Reporting Period”) with the servicing criteria set forth in Title 17, Section 229.1122(d)(1)(iv), (d)(2)(v), (d)(2)(vi), (d)(2)(vii), (d)(4)(xi), (d)(4)(xii) and (d)(4)(xiii) of the Code of Federal Regulation (the “CFR”) applicable to the Asserting Party (the “Applicable Servicing Criteria”). The transactions covered by this repot include all loans for residential mortgage loan outsourcing customers for which the Asserting Party served as the residential tax service provider (the “Platform”).

 

The Asserting has assessed its compliance with the Applicable Servicing Criteria for the Reporting Period and has concluded that, except as set forth hereinbelow, the Asserting Party has complied, in all material respects, with the Applicable Servicing Criteria as of December 31, 2006, and for the Reporting Period with respect to the Platform taken as a whole.

 

The Asserting Party assessed it compliance with the Applicable Servicing Criteria for the Reporting Period and has identified a material instance of noncompliance with the servicing criterion set forth in Section 229.1122(d)(2)(vii)(B) of the CFR with respect to the Platform. Specifically the Asserting Party did not prepare reconciliations for all asset-backed securities related bank accounts within 30 calendar days after the statement cut-off date or such number of days specified in the transaction agreements.

 

PricewaterhouseCoopers LLP an independent registered public accounting firm, has issued an attestation report on the assessment of compliance with the Applicable Servicing Criteria as of December 31, 2006, and for the Reporting Period as set forth in this assertion.

 

FIRST AMERICAN REAL ESATE SOLUTIONS OF TEXAS, L.P.

By: First American Real Estate Solutions LLC

 

General Partner

 

 

/s/ Lucy A. Przybyla

Lucy A. Przybyla

Senior Vice President

February 28, 2007