EX-99.1 CHARTER 2 surf2007bc2.htm SURF 2007-BC2 MONTHLY REPORT J:\Surf07bc2\PDF\SURF 2007-BC2

Distribution Date: Sep 25, 2007
DISTRIBUTION PACKAGE
Contact:
SPECIALTY UNDERWRITING AND RESIDENTIAL FINANCE TRUST, MORTGAGE LOAN
ASSET-BACKED CERTIFICATES, SERIES 2007-BC2
Derek Klein
Account Administrator
651-495-3849
derek.klein@usbank.com
Distribution Package Includes: *
Issuance Dates
Issuance Parties
Contact
First Distribution Date:
Settlement Date:
Cutoff Date:
Servicer(s):
Certificate Insurer(s):
Underwriter(s):
Name:
Title:
Phone:
Mobile:
Fax:
Email:
Address:
Website:
60 Livingston Ave, St. Paul, MN 55107
www.usbank.com/abs
Derek Klein
Account Administrator
651-495-3849
derek.klein@usbank.com
Wilshire Credit Corporation
May 25, 2007
April 24, 2007
April 01, 2007
Merrill Lynch Mortgage Investors Inc.
* The Trustee, at the direction of the Depositor, and based upon information provided in the Mortgage Loan Schedule or by the Servicer, is furnishing this information to each Certificateholder. The
Depositor and/or the Servicer may discontinue the furnishing of this Supplemental Report (other than the Payment Date Statement), or may change its format, at any time and without notice to any
Certificateholder. While the above parties have undertaken efforts to ensure the reasonable accuracy of this information, this information has not been audited and the parties make no representation as to
the accuracy or completeness of the information.
- Payment Date Statement
Page 1
- Remittance Summary Group
Page 5
- Mortgage Loan Characteristics
Page 6
- Delinquency Report
Page 14
- Delinquency History Report - Six Months
Page 17
- CPR/CDR History Report - Six Months
Page 20
- Bankruptcy Loan Detail Report
Page 21
- Foreclosure Loan Detail Report
Page 22
- REO Loan Detail Report
Page 24
- Prepayment & Liquidation Loan Detail Report
Page 25
- Material Modifications Loan Detail Report
Page 26
- Material Breaches Loan Detail Report
Page 27
Contact:
Derek Klein
Account Administrator
651-495-3849
derek.klein@usbank.com
Distribution Date
25-Sep-07
Determination Date
14-Sep-07
Accrual Periods:
Begin
End
Record Date
31-Aug-07
Libor Certificates
8/27/2007
9/24/2007
Payment Detail:
Pass
Applied
Interest
Through
Original
Beginning
Principal
Interest
Total
Realized
Carryforward
Ending
Class
Rate
Balance
Balance (1)
Paid
Paid
Paid
Losses
Amount Paid
Balance (1)
A1
5.73500%
$174,640,000.00
$167,718,754.68
$1,532,547.41
$774,837.35
$2,307,384.76
N/A
$0.00
$166,186,207.27
A-2A
5.62500%
$66,098,000.00
$59,037,456.50
$1,392,196.52
$267,513.47
$1,659,709.99
N/A
$0.00
$57,645,259.98
A-2B
5.70500%
$18,270,000.00
$18,270,000.00
$0.00
$83,963.34
$83,963.34
N/A
$0.00
$18,270,000.00
A-2C
5.77500%
$28,147,000.00
$28,147,000.00
$0.00
$130,942.19
$130,942.19
N/A
$0.00
$28,147,000.00
A-2D
5.85500%
$10,415,000.00
$10,415,000.00
$0.00
$49,122.64
$49,122.64
N/A
$0.00
$10,415,000.00
M-1
5.95500%
$15,600,000.00
$15,600,000.00
$0.00
$74,834.50
$74,834.50
$0.00
$0.00
$15,600,000.00
M-2
6.00500%
$13,845,000.00
$13,845,000.00
$0.00
$66,973.26
$66,973.26
$0.00
$0.00
$13,845,000.00
M-3
6.15500%
$8,190,000.00
$8,190,000.00
$0.00
$40,607.61
$40,607.61
$0.00
$0.00
$8,190,000.00
M-4
6.55500%
$6,825,000.00
$6,825,000.00
$0.00
$36,038.84
$36,038.84
$0.00
$0.00
$6,825,000.00
M-5
6.95500%
$6,825,000.00
$6,825,000.00
$0.00
$38,238.01
$38,238.01
$0.00
$0.00
$6,825,000.00
M-6
7.50500%
$6,045,000.00
$6,045,000.00
$0.00
$36,546.22
$36,546.22
$0.00
$0.00
$6,045,000.00
B-1
7.55500%
$5,850,000.00
$5,850,000.00
$0.00
$35,602.94
$35,602.94
$0.00
$0.00
$5,850,000.00
B-2
7.55500%
$4,095,000.00
$4,095,000.00
$0.00
$24,922.06
$24,922.06
$0.00
$0.00
$4,095,000.00
B-3
7.55500%
$5,655,000.00
$5,655,000.00
$0.00
$34,416.17
$34,416.17
$0.00
$0.00
$5,655,000.00
C
N/A
$19,500,461.73
$19,500,028.09
$0.00
$690,973.73
$690,973.73
N/A
$0.00
$19,500,028.09
P
N/A
$0.00
$0.00
$0.00
$17,674.96
$17,674.96
N/A
$0.00
$0.00
R
5.73500%
$100.00
$0.00
$0.00
$0.00
$0.00
N/A
$0.00
$0.00
Totals:
$370,500,100.00
$356,518,211.18
$2,924,743.93
$2,403,207.29
$5,327,951.22
$0.00
$0.00
$353,593,467.25
(1) Class C & Class P Certificates reflect Notional Collateral Amounts
Amounts Per 1,000:
Interest
Realized
Beginning
Principal
Interest
Carry-forward
Losses/
Ending
Class
Cusip
Balance
Paid
Paid
Amount Paid
Writedown
Balance
Index
Value
A1
84752EAA1
$960.36849908
$8.77546616
$4.43676907
$0.00000000
$0.00000000
$951.59303292 LIBOR
5.50500%
A-2A
84752EAB9
$893.18067869
$21.06261188
$4.04722488
$0.00000000
$0.00000000
$872.11806681 CAP LIBOR
5.50500%
A-2B
84752EAC7
$1,000.00000000
$0.00000000
$4.59569458
$0.00000000
$0.00000000
$1,000.00000000
A-2C
84752EAD5
$1,000.00000000
$0.00000000
$4.65208335
$0.00000000
$0.00000000
$1,000.00000000
A-2D
84752EAE3
$1,000.00000000
$0.00000000
$4.71652808
$0.00000000
$0.00000000
$1,000.00000000
M-1
84752EAF0
$1,000.00000000
$0.00000000
$4.79708333
$0.00000000
$0.00000000
$1,000.00000000
M-2
84752EAG8
$1,000.00000000
$0.00000000
$4.83736078
$0.00000000
$0.00000000
$1,000.00000000
M-3
84752EAH6
$1,000.00000000
$0.00000000
$4.95819414
$0.00000000
$0.00000000
$1,000.00000000
M-4
84752EAJ2
$1,000.00000000
$0.00000000
$5.28041612
$0.00000000
$0.00000000
$1,000.00000000
M-5
84752EAK9
$1,000.00000000
$0.00000000
$5.60263883
$0.00000000
$0.00000000
$1,000.00000000
M-6
84752EAL7
$1,000.00000000
$0.00000000
$6.04569396
$0.00000000
$0.00000000
$1,000.00000000
B-1
84752EAM5
$1,000.00000000
$0.00000000
$6.08597265
$0.00000000
$0.00000000
$1,000.00000000
B-2
84752EAN3
$1,000.00000000
$0.00000000
$6.08597314
$0.00000000
$0.00000000
$1,000.00000000
B-3
84752EAP8
$1,000.00000000
$0.00000000
$6.08597171
$0.00000000
$0.00000000
$1,000.00000000
C
84752EAR4
$999.97776258
$0.00000000
$35.43371124
$0.00000000
$0.00000000
$999.97776258
P
84752EAQ6
$0.00000000
$0.00000000
$0.00000000
$0.00000000
$0.00000000
$0.00000000
R
84752EAS2
$0.00000000
$0.00000000
$0.00000000
$0.00000000
$0.00000000
$0.00000000
Specialty Underwriting and Residential Finance Trust
STATEMENT TO CERTIFICATEHOLDERS
Specialty Underwriting and Residential Finance Trust Mortgage Loan Asset-Backed Certificates, Series 2007-BC2
Page 1 of 27
Contact:
Derek Klein
Account Administrator
651-495-3849
derek.klein@usbank.com
Distribution Date
25-Sep-07
Specialty Underwriting and Residential Finance Trust
STATEMENT TO CERTIFICATEHOLDERS
Specialty Underwriting and Residential Finance Trust Mortgage Loan Asset-Backed Certificates, Series 2007-BC2
Interest Detail:
Index +
Interest
Interest
Interest
Non-Supported
Floating
Floating
Margin or
Accrued @
Carryforward
Carryforward
Interest
Rate Certificate
Rate Certificate
Class
Fix Rate
PT Rate (1)
Amount
Amount Remaining
Shortfall
Carryover Paid
Carryover Remaining
A1
5.73500%
$774,837.35
$0.00
$0.00
$0.00
$0.00
$0.00
A-2A
5.62500%
$267,513.47
$0.00
$0.00
$0.00
$0.00
$0.00
A-2B
5.70500%
$83,963.34
$0.00
$0.00
$0.00
$0.00
$0.00
A-2C
5.77500%
$130,942.19
$0.00
$0.00
$0.00
$0.00
$0.00
A-2D
5.85500%
$49,122.64
$0.00
$0.00
$0.00
$0.00
$0.00
M-1
5.95500%
$74,834.50
$0.00
$0.00
$0.00
$0.00
$0.00
M-2
6.00500%
$66,973.26
$0.00
$0.00
$0.00
$0.00
$0.00
M-3
6.15500%
$40,607.61
$0.00
$0.00
$0.00
$0.00
$0.00
M-4
6.55500%
$36,038.84
$0.00
$0.00
$0.00
$0.00
$0.00
M-5
6.95500%
$38,238.01
$0.00
$0.00
$0.00
$0.00
$0.00
M-6
7.50500%
$36,546.22
$0.00
$0.00
$0.00
$0.00
$0.00
B-1
7.55500%
$35,602.94
$0.00
$0.00
$0.00
$0.00
$0.00
B-2
7.55500%
$24,922.06
$0.00
$0.00
$0.00
$0.00
$0.00
B-3
7.55500%
$34,416.17
$0.00
$0.00
$0.00
$0.00
$0.00
(1) Includes interest shortfalls from previous payments dates plus interest thereon
Page 2 of 27
Contact:
Derek Klein
Account Administrator
651-495-3849
derek.klein@usbank.com
Distribution Date
25-Sep-07
Specialty Underwriting and Residential Finance Trust
STATEMENT TO CERTIFICATEHOLDERS
Specialty Underwriting and Residential Finance Trust Mortgage Loan Asset-Backed Certificates, Series 2007-BC2
Reconciliation:
Aggregate Losses:
Available funds (A):
Cumulative Realized Losses
0.00
Servicer remittance
5,327,951.22
Cumulative Liquidated Loan Balance
0.00
Amounts received from A-1 Corridor Contract
0.00
Cumulative Recoveries
0.00
Amounts received from A-2 Corridor Contract
0.00
Cumulative Applied Realized Losses
0.00
Amounts received from Subordinated Certificate Corridor Contract
0.00
Net Payments to Trust from Swap Counterparty
0.00
5,327,951.22
Miscellaneous:
Current Advances
2,406,190.43
Distributions (B):
0.00
Outstanding Advances
3,487,246.98
Service fee
0.00
Advances Recovered
0.00
Total interest distributed
2,403,207.29
Number of Loans with Relief Act Shortfall
1.00
Total principal distributed
2,924,743.93
Cumulative Prepayment Penalties
125,615.06
Net Payments to Counterparty from Swap Trust
0.00
Investment Income earned on the Cert. Account
3,420.80
5,327,951.22
Supplemental Interest Trust:
(A) - (B):
0.00
Deposit: Investment Income
0.00
Deposit: Net Counterparty Payment
0.00
Class A 1 Corridor Contract
Deposit: Counterparty Termination Payment
0.00
Beginning Balance Deposits
0.00
Deposit / Withdrawal : Net Trust Payment to Counterparty
0.00
Withdrawal to cover Floating Rate Certificate Carryovers
0.00
Deposit / Withdrawal : Trust Termination Payment to Counterparty
0.00
Withdrawal to pay Class C
0.00
Withdrawal : to pay interest on certificates
0.00
Ending Balance
0.00
Withdrawal : to Principal Remittance, Net Realized Losses
0.00
Withdrawal : to pay Deferred Amounts
0.00
Class A 2 Corridor Contract
Withdrawal : to pay Floating Rate Carryover Amounts
0.00
Beginning Balance Deposits
0.00
Withdrawal : to X, remaining amounts
0.00
Withdrawal to cover Floating Rate Certificate Carryovers
0.00
Withdrawal to pay Class C
0.00
Ending Balance
0.00
Subordinate Certificate Corridor Contract
Beginning Balance Deposits
0.00
Withdrawal to cover Floating Rate Certificate Carryovers
0.00
Withdrawal to pay Class C
0.00
Ending Balance
0.00
TOTAL
Group 1
Group 2
DELINQUENCY COUNT
Count
Scheduled Balance
Delq%
Count
Scheduled Balance
Delq%
Count
Scheduled Balance
Delq%
31+ Days
62
13,150,567.39
3.524738%
32
6,794,352.60
1.821086%
30
6,356,214.79
1.703652%
61+ Days
34
7,890,115.17
2.114782%
17
3,127,454.40
0.838250%
17
4,762,660.77
1.276533%
91+ Days
32
5,123,577.47
1.373269%
16
2,347,734.64
0.629262%
16
2,775,842.83
0.744007%
Total
128
26,164,260.03
7.012789%
65
12,269,541.64
3.288597%
63
13,894,718.39
3.724192%
Bankruptcy
7
442,447.02
0.118589%
3
170,278.82
0.045640%
4
272,168.20
0.072949%
Foreclosure
33
8,693,993.96
2.330245%
19
3,948,310.99
1.058263%
14
4,745,682.97
1.271982%
REO
2
314,140.58
0.084199%
1
214,773.56
0.057566%
1
99,367.02
0.026633%
(1) All Delinquencies are reported on an OTS basis
(2) 31 Day/61 Day/91+ Past Due Totals do not Include Bankruptcy and Foreclosure loans
ACCOUNT ACTIVITY
COLLATERAL DELINQUENCY SUMMARY-GROUP
Page 3 of 27
Contact:
Derek Klein
Account Administrator
651-495-3849
derek.klein@usbank.com
Distribution Date
25-Sep-07
Specialty Underwriting and Residential Finance Trust
STATEMENT TO CERTIFICATEHOLDERS
Specialty Underwriting and Residential Finance Trust Mortgage Loan Asset-Backed Certificates, Series 2007-BC2
Stepdown Trigger Event:
Stepdown Date:
Relevant information:
Relevant information:
A) Current Balance of Loans 60+ days delinq, Bankruptcies, Foreclosures and REOs
22,464,274.20
Class A and R Balances
283,588,211.18
B) Ending Collateral Balance
373,093,495.34
52.60% of Stated Balance.
196,247,178.55
Current Delinquency Rate (A/B)
6.021%
C) Rolling Three Month Delinquency Rate
4.387%
D) 33.75%
33.75%
Earlier of:
F) Required Percentage % (Applicable after Stepdown Date)
24.581%
1) Class A Paydown
NO
G) Applicable % multiplied by Required Percentage %
8.296%
2.) The later of:
H) Aggregate Realized Losses
0.00
A) First payment date when Class A and R are reduced to less than or equal to
I) Original Collateral Balance
390,000,561.73
52.60% of Stated Balance.
NO
J) Cumulative Loss % ( H /I)
0.000%
B) May 2010
NO
K) Stepdown Required Loss Percentage
100.000%
NO
A StepdownTrigger Event will occur if either (1) or (2) is True After the Stepdown Date:
Overcollateralization:
1) Rolling 3 Month Delq. Rate equals or exceeds applicable % multiplied by Required %
NO
Ending Overcollateralization Amount
19,500,028.09
2) Cumulative Loss % exceeds Stepdown Required Loss Percentage (J > K).
NO
Targeted Overcollateralization Amount
19,500,028.09
NO
Overcollateralization Deficiency Amount
0.00
Overcollateralization Release Amount
0.00
Excess interest distributions:
Excess available interest (A):
690,973.73
1) Extra Principal Distribution Amount to certificates
0.00
a) from Group 1
0.00
a) from Group 2
0.00
2) Unpaid Interest Shortfall Amount
0.00
3) Allocated Realized Loss Amount
0.00
4) Unpaid Net PPIS & RAIS
0.00
5) Remaining Amounts to C
690,973.73
(B):
690,973.73
(A)-(B):
0.00
CREDIT ENHANCEMENT AND TRIGGERS
Page 4 of 27
Distribution Date: Sep 25, 2007
COLLATERAL / REMITTANCE SUMMARY - GROUP
Contact:
SPECIALTY UNDERWRITING AND RESIDENTIAL FINANCE TRUST, MORTGAGE LOAN
ASSET-BACKED CERTIFICATES, SERIES 2007-BC2
Derek Klein
Account Administrator
651-495-3849
derek.klein@usbank.com
TOTAL
Group 1
Group 2
POOL BALANCE INFORMATION:
Beginning Balance
Less: Principal Remittance
Plus: Negative Amortization
Plus: Draws (If Applicable)
Less: Net Realized Losses
Ending Balance
BLANK
PRINCIPAL REMITTANCE:
Scheduled Principal
Prepayments
Curtailments
Net Liquidation Proceeds
Repurchase Principal
Total Principal Remittance (A)
BLANK
INTEREST REMITTANCE:
Gross Interest
Less: Total Retained Fees
Less: Deferred Interest
Less: Relief Act Interest Shortfall
Less: Net Prepayment Interest Shortfall
Less: Net Nonrecoverable Advances
Less: Interest Loss
Net Interest Remittance From Servicer(s) (B)
BLANK
Prepayment Premiums (C)
Other Funds (D)
BLANK
REMITTANCE TO TRUST (A+B+C+D):
BLANK
OTHER INFORMATION:
Beginning Loan Count
Ending Loan Count
Ending Pool Factor
BLANK
Weighted Average Coupon
Weighted Average Net Coupon
Weighted Average Maximum Net Coupon
BLANK
Liquidated Loans - Balance
Negative Amortization - Count
Negative Amortization - Balance
Substitution In Loans
Substitution Out Loans
Substitution Adjustment - Principal
Loans w/ Prepayment Penalties - Balance
Loans w/ Prepayment Penalties - Count
Repurchase Loans - Count
Subsequent Recoveries
BLANK
NON-RETAINED FEES:
Excess Servicing Fee
BLANK
RETAINED FEES:
Servicing Fee
LPMI
Special Servicing Fee
Additional Master Servicing Fee
Backup Servicing Fee
Supplemental Insurance Fee
Retained Interest
376,018,239.27
2,924,743.93
0.00
373,093,495.34
146,891.84
2,776,284.45
1,567.64
0.00
0.00
2,924,743.93
2,543,180.68
156,477.15
0.00
173.88
0.00
997.32
0.00
2,385,532.33
17,674.96
0.00
5,327,951.22
2,024
2,011
0.9566486102
8.12941%
7.62941%
12.07161%
0.00
0.00
0.00
0.00
1,177,200.30
5
0
0.00
0.00
156,477.15
0.00
0.00
0.00
0.00
0.00
0.00
221,965,279.66
1,532,547.41
0.00
220,432,732.25
88,526.96
1,439,713.66
4,306.79
0.00
0.00
1,532,547.41
1,509,035.04
92,457.56
0.00
173.88
0.00
857.82
0.00
1,415,545.78
11,504.51
0.00
2,959,597.70
1,222
1,214
0.9630645858
8.16097%
7.66097%
12.18773%
0.00
0.00
0.00
0.00
491,485.42
3
0
0.00
0.00
92,457.56
0.00
0.00
0.00
0.00
0.00
0.00
154,052,959.61
1,392,196.52
0.00
152,660,763.09
58,364.88
1,336,570.79
-2,739.15
0.00
0.00
1,392,196.52
1,034,145.64
64,019.59
0.00
0.00
0.00
139.50
0.00
969,986.55
6,170.45
0.00
2,368,353.52
802
797
0.9475337369
8.08394%
7.58394%
11.90428%
0.00
0.00
0.00
0.00
685,714.88
2
0
0.00
0.00
64,019.59
0.00
0.00
0.00
0.00
0.00
0.00
Page 5 of 27
Distribution Date: Sep 25, 2007
MORTGAGE LOAN CHARACTERISTICS
Contact:
SPECIALTY UNDERWRITING AND RESIDENTIAL FINANCE TRUST, MORTGAGE LOAN
ASSET-BACKED CERTIFICATES, SERIES 2007-BC2
Derek Klein
Account Administrator
651-495-3849
derek.klein@usbank.com
TOTAL
Group 1
Group 2
Count
Balance
%
Count
Balance
%
Count
Balance
%
0K to 99.99K
587
37,614,283.73
10.08%
306
18,477,197.42
8.38%
281
19,137,086.31
12.54%
100K to 199.99K
670
98,126,526.42
26.30%
420
62,521,337.51
28.36%
250
35,605,188.91
23.32%
200K to 299.99K
416
102,099,347.16
27.37%
308
75,744,962.05
34.36%
108
26,354,385.11
17.26%
300K to 399.99K
209
72,352,859.97
19.39%
159
54,660,405.46
24.80%
50
17,692,454.51
11.59%
400K to 499.99K
83
36,610,865.14
9.81%
19
7,870,690.23
3.57%
64
28,740,174.91
18.83%
500K to 599.99K
34
18,508,865.98
4.96%
2
1,158,139.58
0.53%
32
17,350,726.40
11.37%
600K to 699.99K
11
7,070,746.94
1.90%
0
0.00
0.00%
11
7,070,746.94
4.63%
700K to 799.99K
1
710,000.00
0.19%
0
0.00
0.00%
1
710,000.00
0.47%
Total
2,011
373,093,495.34
100.00%
1,214
220,432,732.25
100.00%
797
152,660,763.09
100.00%
Remaining Principal Balance
Balance
0.00M
10.00M
20.00M
30.00M
40.00M
50.00M
60.00M
70.00M
80.00M
Group 1
Group 2
0K to 99.99K
100K to 199.99K
200K to 299.99K
300K to 399.99K
400K to 499.99K
500K to 599.99K
600K to 699.99K
700K to 799.99K
Balance
Page 6 of 27
Distribution Date: Sep 25, 2007
MORTGAGE LOAN CHARACTERISTICS
Contact:
SPECIALTY UNDERWRITING AND RESIDENTIAL FINANCE TRUST, MORTGAGE LOAN
ASSET-BACKED CERTIFICATES, SERIES 2007-BC2
Derek Klein
Account Administrator
651-495-3849
derek.klein@usbank.com
TOTAL
Group 1
Group 2
Count
Balance ($)
%
Count
Balance ($)
%
Count
Balance ($)
%
5.50% - 5.99%
4
1,277,660.92
0.34%
1
260,093.46
0.12%
3
1,017,567.46
0.67%
6.00% - 6.49%
36
9,646,698.05
2.59%
16
4,076,894.75
1.85%
20
5,569,803.30
3.65%
6.50% - 6.99%
215
53,343,599.85
14.30%
115
28,348,583.75
12.86%
100
24,995,016.10
16.37%
7.00% - 7.49%
201
48,883,865.54
13.10%
120
27,053,525.84
12.27%
81
21,830,339.70
14.30%
7.50% - 7.99%
440
97,699,016.31
26.19%
272
59,751,202.49
27.11%
168
37,947,813.82
24.86%
8.00% - 8.49%
229
48,492,831.57
13.00%
142
28,610,450.07
12.98%
87
19,882,381.50
13.02%
8.50% - 8.99%
313
57,790,531.39
15.49%
213
39,292,736.99
17.83%
100
18,497,794.40
12.12%
9.00% - 9.49%
112
19,779,493.83
5.30%
69
12,015,002.20
5.45%
43
7,764,491.63
5.09%
9.50% - 9.99%
109
12,813,332.17
3.43%
71
8,886,111.72
4.03%
38
3,927,220.45
2.57%
10.00% - 10.49%
33
3,365,414.48
0.90%
25
2,540,836.90
1.15%
8
824,577.58
0.54%
10.50% - 10.99%
55
4,959,671.18
1.33%
36
3,338,788.56
1.51%
19
1,620,882.62
1.06%
11.00% - 11.49%
23
1,530,142.90
0.41%
12
705,182.36
0.32%
11
824,960.54
0.54%
11.50% - 11.99%
137
8,153,186.18
2.19%
71
3,474,237.82
1.58%
66
4,678,948.36
3.06%
12.00% - 12.49%
42
2,225,639.22
0.60%
22
1,000,086.78
0.45%
20
1,225,552.44
0.80%
12.50% - 12.99%
50
2,535,913.35
0.68%
24
914,497.76
0.41%
26
1,621,415.59
1.06%
13.00% - 13.49%
4
239,928.73
0.06%
0
0.00
0.00%
4
239,928.73
0.16%
13.50% - 13.99%
3
184,086.85
0.05%
2
64,337.50
0.03%
1
119,749.35
0.08%
14.00% - 14.49%
4
141,510.17
0.04%
2
69,190.65
0.03%
2
72,319.52
0.05%
16.50% - 16.99%
1
30,972.65
0.01%
1
30,972.65
0.01%
0
0.00
0.00%
Total
2,011
373,093,495.34
100.00%
1,214
220,432,732.25
100.00%
797
152,660,763.09
100.00%
Gross Rate
Gross Rate
Group 1 Weighted Average Rate: 8.16%
Group 2 Weighted Average Rate: 8.08%
TOTAL
Group 1
Group 2
Count
Balance ($)
%
Count
Balance ($)
%
Count
Balance ($)
%
2.00% - 2.99%
35
8,436,370.10
3.06%
4
1,019,369.27
0.62%
31
7,417,000.83
6.72%
3.00% - 3.99%
12
2,982,542.06
1.08%
8
1,971,617.54
1.19%
4
1,010,924.52
0.92%
4.00% - 4.99%
181
46,577,309.49
16.88%
109
26,986,099.62
16.30%
72
19,591,209.87
17.74%
5.00% - 5.99%
460
110,733,945.15
40.13%
300
67,358,133.97
40.69%
160
43,375,811.18
39.28%
6.00% - 6.99%
360
78,327,882.65
28.38%
242
49,915,858.82
30.16%
118
28,412,023.83
25.73%
7.00% - 7.99%
147
26,882,954.87
9.74%
96
16,941,968.63
10.23%
51
9,940,986.24
9.00%
8.00% - 8.99%
18
1,811,157.74
0.66%
13
1,337,352.37
0.81%
5
473,805.37
0.43%
9.00% - 9.99%
1
201,663.41
0.07%
0
0.00
0.00%
1
201,663.41
0.18%
Total
1,214
275,953,825.47
100.00%
772
165,530,400.22
100.00%
442
110,423,425.25
100.00%
Gross Margins
Margin
Group 1 Weighted Average Margin: 5.92%
Group 2 Weighted Average Margin: 5.63%
Page 7 of 27
Distribution Date: Sep 25, 2007
MORTGAGE LOAN CHARACTERISTICS
Contact:
SPECIALTY UNDERWRITING AND RESIDENTIAL FINANCE TRUST, MORTGAGE LOAN
ASSET-BACKED CERTIFICATES, SERIES 2007-BC2
Derek Klein
Account Administrator
651-495-3849
derek.klein@usbank.com
TOTAL
Group 1
Group 2
Count
Balance ($)
%
Count
Balance ($)
%
Count
Balance ($)
%
2.00% - 2.99%
28
6,427,042.52
2.33%
1
147,499.01
0.09%
27
6,279,543.51
5.69%
4.00% - 4.99%
24
6,345,048.29
2.30%
12
3,077,743.16
1.86%
12
3,267,305.13
2.96%
5.00% - 5.99%
72
18,770,925.59
6.80%
43
9,954,708.03
6.01%
29
8,816,217.56
7.98%
6.00% - 6.99%
207
52,561,560.90
19.05%
126
30,701,769.08
18.55%
81
21,859,791.82
19.80%
7.00% - 7.99%
430
102,721,402.71
37.22%
277
62,225,790.08
37.59%
153
40,495,612.63
36.67%
8.00% - 8.99%
321
68,209,626.80
24.72%
217
44,579,115.13
26.93%
104
23,630,511.67
21.40%
9.00% - 9.99%
101
17,744,419.38
6.43%
70
12,034,456.68
7.27%
31
5,709,962.70
5.17%
10.00% - 10.99%
29
3,013,441.61
1.09%
24
2,648,961.38
1.60%
5
364,480.23
0.33%
11.00% - 11.99%
1
74,687.94
0.03%
1
74,687.94
0.05%
0
0.00
0.00%
12.00% - 12.99%
1
85,669.73
0.03%
1
85,669.73
0.05%
0
0.00
0.00%
Total
1,214
275,953,825.47
100.00%
772
165,530,400.22
100.00%
442
110,423,425.25
100.00%
Lifetime Rate Floors
Floor
Group 1 Weighted Average Lifetime Rate Floor: 7.71%
Group 2 Weighted Average Lifetime Rate Floor: 7.16%
TOTAL
Group 1
Group 2
Count
Balance ($)
%
Count
Balance ($)
%
Count
Balance ($)
%
11.00% - 11.99%
7
2,252,559.74
0.82%
1
260,093.46
0.16%
6
1,992,466.28
1.80%
12.00% - 12.99%
187
48,788,638.72
17.68%
102
25,852,221.35
15.62%
85
22,936,417.37
20.77%
13.00% - 13.99%
450
111,823,535.17
40.52%
286
65,509,314.16
39.58%
164
46,314,221.01
41.94%
14.00% - 14.99%
400
85,477,499.95
30.98%
265
55,165,861.93
33.33%
135
30,311,638.02
27.45%
15.00% - 15.99%
124
22,461,380.99
8.14%
85
15,189,321.73
9.18%
39
7,272,059.26
6.59%
16.00% - 16.99%
43
4,917,359.58
1.78%
30
3,320,736.27
2.01%
13
1,596,623.31
1.45%
17.00% - 17.99%
2
147,181.59
0.05%
2
147,181.59
0.09%
0
0.00
0.00%
18.00% - 18.99%
1
85,669.73
0.03%
1
85,669.73
0.05%
0
0.00
0.00%
Total
1,214
275,953,825.47
100.00%
772
165,530,400.22
100.00%
442
110,423,425.25
100.00%
Lifetime Rate Ceiling
Ceiling
Group 1 Weighted Average Lifetime Rate Ceiling: 14.03%
Group 2 Weighted Average Lifetime Rate Ceiling: 13.79%
TOTAL
Group 1
Group 2
Count
Balance ($)
%
Count
Balance ($)
%
Count
Balance ($)
%
6
1,200
273,129,358.36
98.98%
765
163,994,636.64
99.07%
435
109,134,721.72
98.83%
12
14
2,824,467.11
1.02%
7
1,535,763.58
0.93%
7
1,288,703.53
1.17%
Total
1,214
275,953,825.47
100.00%
772
165,530,400.22
100.00%
442
110,423,425.25
100.00%
Frequency of Interest Rate Adjustments
Months
TOTAL
Group 1
Group 2
Count
Balance ($)
%
Count
Balance ($)
%
Count
Balance ($)
%
6
1,200
273,129,358.36
98.98%
765
163,994,636.64
99.07%
435
109,134,721.72
98.83%
12
14
2,824,467.11
1.02%
7
1,535,763.58
0.93%
7
1,288,703.53
1.17%
Total
1,214
275,953,825.47
100.00%
772
165,530,400.22
100.00%
442
110,423,425.25
100.00%
Frequency of Payment Adjustments
Months
Page 8 of 27
Distribution Date: Sep 25, 2007
MORTGAGE LOAN CHARACTERISTICS
Contact:
SPECIALTY UNDERWRITING AND RESIDENTIAL FINANCE TRUST, MORTGAGE LOAN
ASSET-BACKED CERTIFICATES, SERIES 2007-BC2
Derek Klein
Account Administrator
651-495-3849
derek.klein@usbank.com
TOTAL
Group 1
Group 2
Count
Balance ($)
%
Count
Balance ($)
%
Count
Balance ($)
%
1 Year LIBOR
14
2,824,467.11
1.02%
7
1,535,763.58
0.93%
7
1,288,703.53
1.17%
6 Month LIBOR
1,200
273,129,358.36
98.98%
765
163,994,636.64
99.07%
435
109,134,721.72
98.83%
Total
1,214
275,953,825.47
100.00%
772
165,530,400.22
100.00%
442
110,423,425.25
100.00%
Indices
Index
TOTAL
Group 1
Group 2
Count
Balance ($)
%
Count
Balance ($)
%
Count
Balance ($)
%
2 Units
65
15,532,470.72
4.16%
36
9,112,702.75
4.13%
29
6,419,767.97
4.21%
3 Units
22
5,465,586.06
1.46%
14
4,002,993.74
1.82%
8
1,462,592.32
0.96%
4 Units
3
760,456.29
0.20%
1
149,844.58
0.07%
2
610,611.71
0.40%
Condominium
107
18,760,273.50
5.03%
53
9,000,708.46
4.08%
54
9,759,565.04
6.39%
Manufactured Housing
4
512,835.19
0.14%
0
0.00
0.00%
4
512,835.19
0.34%
Planned Unit Developmen
240
48,383,292.78
12.97%
142
26,998,467.95
12.25%
98
21,384,824.83
14.01%
Row House
23
2,392,847.55
0.64%
16
1,715,112.55
0.78%
7
677,735.00
0.44%
Single Family
1,527
278,346,760.92
74.61%
937
167,068,622.64
75.79%
590
111,278,138.28
72.89%
Townhouse
20
2,938,972.33
0.79%
15
2,384,279.58
1.08%
5
554,692.75
0.36%
Total
2,011
373,093,495.34
100.00%
1,214
220,432,732.25
100.00%
797
152,660,763.09
100.00%
Property Type
Type
TOTAL
Group 1
Group 2
Count
Balance ($)
%
Count
Balance ($)
%
Count
Balance ($)
%
2005
2
132,110.50
0.04%
0
0.00
0.00%
2
132,110.50
0.09%
2006
230
38,701,011.91
10.37%
103
18,304,740.39
8.30%
127
20,396,271.52
13.36%
2007
1,779
334,260,372.93
89.59%
1,111
202,127,991.86
91.70%
668
132,132,381.07
86.55%
Total
2,011
373,093,495.34
100.00%
1,214
220,432,732.25
100.00%
797
152,660,763.09
100.00%
Year of First Payment Date
Year
TOTAL
Group 1
Group 2
Count
Balance ($)
%
Count
Balance ($)
%
Count
Balance ($)
%
0.00%- 4.99%
2,011
373,093,495.34
100.00%
1,214
220,432,732.25
100.00%
797
152,660,763.09
100.00%
Total
2,011
373,093,495.34
100.00%
1,214
220,432,732.25
100.00%
797
152,660,763.09
100.00%
Original LTV
LTV
Group 1 Weighted Average LTV: 0
Group 2 Weighted Average LTV: 0
Page 9 of 27
Distribution Date: Sep 25, 2007
MORTGAGE LOAN CHARACTERISTICS
Contact:
SPECIALTY UNDERWRITING AND RESIDENTIAL FINANCE TRUST, MORTGAGE LOAN
ASSET-BACKED CERTIFICATES, SERIES 2007-BC2
Derek Klein
Account Administrator
651-495-3849
derek.klein@usbank.com
TOTAL
Group 1
Group 2
Count
Balance ($)
%
Count
Balance ($)
%
Count
Balance ($)
%
145 - 168
1
103,978.25
0.03%
1
103,978.25
0.05%
0
0.00
0.00%
169 - 192
11
769,809.14
0.21%
4
289,529.23
0.13%
7
480,279.91
0.31%
217 - 240
15
1,429,128.53
0.38%
7
667,862.75
0.30%
8
761,265.78
0.50%
313 - 336
2
132,110.50
0.04%
0
0.00
0.00%
2
132,110.50
0.09%
337 - 360
1,382
218,265,152.93
58.50%
796
123,405,779.71
55.98%
586
94,859,373.22
62.14%
457 - 480
247
57,419,365.83
15.39%
171
39,538,047.57
17.94%
76
17,881,318.26
11.71%
481 +
353
94,973,950.16
25.46%
235
56,427,534.74
25.60%
118
38,546,415.42
25.25%
Total
2,011
373,093,495.34
100.00%
1,214
220,432,732.25
100.00%
797
152,660,763.09
100.00%
Remaining Amortization Term
Month
Group 1 Weighted Average Remaining Amortization Months: 434
Group 2 Weighted Average Remaining Amortization Months: 424
TOTAL
Group 1
Group 2
Count
Balance ($)
%
Count
Balance ($)
%
Count
Balance ($)
%
145 - 168
12
690,008.91
0.18%
2
165,697.95
0.08%
10
524,310.96
0.34%
169 - 192
322
19,439,922.25
5.21%
159
7,648,962.19
3.47%
163
11,790,960.06
7.72%
217 - 240
15
1,429,128.53
0.38%
7
667,862.75
0.30%
8
761,265.78
0.50%
313 - 336
1
105,968.66
0.03%
0
0.00
0.00%
1
105,968.66
0.07%
337 - 360
1,661
351,428,466.99
94.19%
1,046
211,950,209.36
96.15%
615
139,478,257.63
91.36%
Total
2,011
373,093,495.34
100.00%
1,214
220,432,732.25
100.00%
797
152,660,763.09
100.00%
Remaining Term to Maturity
Month
Group 1 Weighted Average Remaining Months: 345
Group 2 Weighted Average Remaining Months: 337
TOTAL
Group 1
Group 2
Count
Balance ($)
%
Count
Balance ($)
%
Count
Balance ($)
%
169 - 192
12
873,787.39
0.23%
5
393,507.48
0.18%
7
480,279.91
0.31%
217 - 240
15
1,429,128.53
0.38%
7
667,862.75
0.30%
8
761,265.78
0.50%
337 - 360
1,384
218,397,263.43
58.54%
796
123,405,779.71
55.98%
588
94,991,483.72
62.22%
457 - 480
247
57,419,365.83
15.39%
171
39,538,047.57
17.94%
76
17,881,318.26
11.71%
481 +
353
94,973,950.16
25.46%
235
56,427,534.74
25.60%
118
38,546,415.42
25.25%
Total
2,011
373,093,495.34
100.00%
1,214
220,432,732.25
100.00%
797
152,660,763.09
100.00%
Original Amortization Term
Month
Group 1 Weighted Average Original Amortization Months: 442
Group 2 Weighted Average Original Amortization Months: 433
Page 10 of 27
Distribution Date: Sep 25, 2007
MORTGAGE LOAN CHARACTERISTICS
Contact:
SPECIALTY UNDERWRITING AND RESIDENTIAL FINANCE TRUST, MORTGAGE LOAN
ASSET-BACKED CERTIFICATES, SERIES 2007-BC2
Derek Klein
Account Administrator
651-495-3849
derek.klein@usbank.com
TOTAL
Group 1
Group 2
Count
Balance ($)
%
Count
Balance ($)
%
Count
Balance ($)
%
169 - 192
334
20,129,931.16
5.40%
161
7,814,660.14
3.55%
173
12,315,271.02
8.07%
217 - 240
15
1,429,128.53
0.38%
7
667,862.75
0.30%
8
761,265.78
0.50%
337 - 360
1,662
351,534,435.65
94.22%
1,046
211,950,209.36
96.15%
616
139,584,226.29
91.43%
Total
2,011
373,093,495.34
100.00%
1,214
220,432,732.25
100.00%
797
152,660,763.09
100.00%
Original Remaining Term to Maturity
Month
Group 1 Weighted Average Original Remaining Months: 353
Group 2 Weighted Average Original Remaining Months: 345
Page 11 of 27
Distribution Date: Sep 25, 2007
MORTGAGE LOAN CHARACTERISTICS
Contact:
SPECIALTY UNDERWRITING AND RESIDENTIAL FINANCE TRUST, MORTGAGE LOAN
ASSET-BACKED CERTIFICATES, SERIES 2007-BC2
Derek Klein
Account Administrator
651-495-3849
derek.klein@usbank.com
TOTAL
Group 1
Group 2
Count
Balance ($)
%
Count
Balance ($)
%
Count
Balance ($)
%
ALABAMA
16
1,849,883.69
0.50%
8
1,201,991.72
0.55%
8
647,891.97
0.42%
ARIZONA
58
10,422,568.27
2.79%
33
6,649,041.99
3.02%
25
3,773,526.28
2.47%
ARKANSAS
9
1,045,903.35
0.28%
8
905,067.27
0.41%
1
140,836.08
0.09%
CALIFORNIA
274
79,248,402.61
21.24%
119
32,616,648.90
14.80%
155
46,631,753.71
30.55%
COLORADO
27
4,708,825.79
1.26%
18
2,863,863.51
1.30%
9
1,844,962.28
1.21%
CONNECTICUT
45
8,521,580.07
2.28%
29
5,544,486.53
2.52%
16
2,977,093.54
1.95%
DELAWARE
6
1,032,859.28
0.28%
3
656,387.10
0.30%
3
376,472.18
0.25%
DISTRICT OF COLUMBIA
1
168,897.37
0.05%
0
0.00
0.00%
1
168,897.37
0.11%
FLORIDA
222
35,215,818.40
9.44%
83
14,992,866.68
6.80%
139
20,222,951.72
13.25%
GEORGIA
83
10,975,412.78
2.94%
68
8,670,237.57
3.93%
15
2,305,175.21
1.51%
IDAHO
5
961,847.59
0.26%
5
961,847.59
0.44%
0
0.00
0.00%
ILLINOIS
72
13,011,172.44
3.49%
63
11,777,735.96
5.34%
9
1,233,436.48
0.81%
INDIANA
50
5,957,916.15
1.60%
33
3,592,006.24
1.63%
17
2,365,909.91
1.55%
IOWA
7
767,480.84
0.21%
3
420,026.55
0.19%
4
347,454.29
0.23%
KANSAS
12
1,620,713.88
0.43%
8
1,096,642.34
0.50%
4
524,071.54
0.34%
KENTUCKY
22
2,061,762.52
0.55%
14
1,430,877.57
0.65%
8
630,884.95
0.41%
LOUISIANA
23
2,471,872.21
0.66%
10
1,186,134.99
0.54%
13
1,285,737.22
0.84%
MAINE
12
1,482,186.51
0.40%
5
841,957.76
0.38%
7
640,228.75
0.42%
MARYLAND
126
27,191,230.86
7.29%
92
18,473,239.93
8.38%
34
8,717,990.93
5.71%
MASSACHUSETTS
57
15,106,287.06
4.05%
51
13,529,700.30
6.14%
6
1,576,586.76
1.03%
MICHIGAN
89
11,779,739.17
3.16%
50
6,737,971.33
3.06%
39
5,041,767.84
3.30%
MINNESOTA
16
2,411,592.46
0.65%
13
1,981,050.71
0.90%
3
430,541.75
0.28%
MISSISSIPPI
22
2,315,299.24
0.62%
10
861,584.32
0.39%
12
1,453,714.92
0.95%
MISSOURI
33
3,681,795.12
0.99%
24
2,902,222.64
1.32%
9
779,572.48
0.51%
NEBRASKA
4
477,800.25
0.13%
2
333,613.76
0.15%
2
144,186.49
0.09%
NEVADA
28
6,167,034.86
1.65%
21
4,565,462.53
2.07%
7
1,601,572.33
1.05%
NEW HAMPSHIRE
8
1,596,324.27
0.43%
7
1,417,593.93
0.64%
1
178,730.34
0.12%
NEW JERSEY
55
11,761,694.53
3.15%
40
8,181,000.19
3.71%
15
3,580,694.34
2.35%
NEW MEXICO
10
1,811,419.44
0.49%
8
1,260,625.30
0.57%
2
550,794.14
0.36%
NEW YORK
75
20,552,332.47
5.51%
33
8,431,101.31
3.82%
42
12,121,231.16
7.94%
NORTH CAROLINA
49
6,337,336.01
1.70%
39
5,074,745.63
2.30%
10
1,262,590.38
0.83%
OHIO
90
11,238,046.66
3.01%
42
5,000,038.76
2.27%
48
6,238,007.90
4.09%
OKLAHOMA
16
1,930,337.98
0.52%
12
1,279,264.09
0.58%
4
651,073.89
0.43%
OREGON
25
3,893,657.18
1.04%
21
3,307,750.27
1.50%
4
585,906.91
0.38%
PENNSYLVANIA
93
15,549,303.29
4.17%
54
8,830,396.05
4.01%
39
6,718,907.24
4.40%
RHODE ISLAND
8
2,074,183.18
0.56%
8
2,074,183.18
0.94%
0
0.00
0.00%
SOUTH CAROLINA
17
2,883,216.49
0.77%
13
2,255,708.06
1.02%
4
627,508.43
0.41%
SOUTH DAKOTA
3
221,787.09
0.06%
2
134,271.61
0.06%
1
87,515.48
0.06%
TENNESSEE
46
5,683,531.98
1.52%
31
3,936,571.75
1.79%
15
1,746,960.23
1.14%
TEXAS
23
2,809,483.86
0.75%
18
2,211,305.02
1.00%
5
598,178.84
0.39%
UTAH
11
2,363,126.33
0.63%
10
2,222,816.53
1.01%
1
140,309.80
0.09%
VERMONT
1
89,899.99
0.02%
1
89,899.99
0.04%
0
0.00
0.00%
VIRGINIA
74
15,908,603.21
4.26%
50
10,959,678.00
4.97%
24
4,948,925.21
3.24%
WASHINGTON
49
9,429,706.29
2.53%
29
5,025,412.88
2.28%
20
4,404,293.41
2.89%
WEST VIRGINIA
8
1,739,160.27
0.47%
4
933,923.64
0.42%
4
805,236.63
0.53%
WISCONSIN
31
4,564,462.05
1.22%
19
3,013,780.27
1.37%
12
1,550,681.78
1.02%
Total
2,011
373,093,495.34
100.00%
1,214
220,432,732.25
100.00%
797
152,660,763.09
100.00%
Geographic Distribution by State
State
Page 12 of 27
Distribution Date: Sep 25, 2007
MORTGAGE LOAN CHARACTERISTICS
Contact:
SPECIALTY UNDERWRITING AND RESIDENTIAL FINANCE TRUST, MORTGAGE LOAN
ASSET-BACKED CERTIFICATES, SERIES 2007-BC2
Derek Klein
Account Administrator
651-495-3849
derek.klein@usbank.com
0
2
4
6
8
10
12
14
16
CALIFORNIA
MARYLAND
FLORIDA
MASSACHUSETTS
ILLINOIS
VIRGINIA
PENNSYLVANIA
GEORGIA
NEW YORK
NEW JERSEY
MICHIGAN
ARIZONA
CONNECTICUT
NORTH CAROLINA
WASHINGTON
OHIO
NEVADA
TENNESSEE
INDIANA
OREGON
WISCONSIN
MISSOURI
COLORADO
SOUTH CAROLINA
UTAH
TEXAS
RHODE ISLAND
MINNESOTA
KENTUCKY
NEW HAMPSHIRE
OKLAHOMA
NEW MEXICO
ALABAMA
LOUISIANA
KANSAS
IDAHO
WEST VIRGINIA
ARKANSAS
MISSISSIPPI
MAINE
DELAWARE
IOWA
NEBRASKA
SOUTH DAKOTA
VERMONT
%
Collateral Balance Distribution by State
GROUP 1
0
4
8
12
16
20
24
28
32
CALIFORNIA
FLORIDA
NEW YORK
MARYLAND
PENNSYLVANIA
OHIO
MICHIGAN
VIRGINIA
WASHINGTON
ARIZONA
NEW JERSEY
CONNECTICUT
INDIANA
GEORGIA
COLORADO
TENNESSEE
NEVADA
MASSACHUSETTS
WISCONSIN
MISSISSIPPI
LOUISIANA
NORTH CAROLINA
ILLINOIS
WEST VIRGINIA
MISSOURI
OKLAHOMA
ALABAMA
MAINE
KENTUCKY
SOUTH CAROLINA
TEXAS
OREGON
NEW MEXICO
KANSAS
MINNESOTA
DELAWARE
IOWA
NEW HAMPSHIRE
DISTRICT OF
COLUMBIA
NEBRASKA
ARKANSAS
UTAH
SOUTH DAKOTA
%
Collateral Balance Distribution by State
GROUP 2
Page 13 of 27
Distribution Date: Sep 25, 2007
DELINQUENCY SUMMARY REPORT
Contact:
SPECIALTY UNDERWRITING AND RESIDENTIAL FINANCE TRUST, MORTGAGE LOAN
ASSET-BACKED CERTIFICATES, SERIES 2007-BC2
Derek Klein
Account Administrator
651-495-3849
derek.klein@usbank.com
Current
30 - 59 days
60 - 89 days
90 - 120 days
120 + days
TOTAL
Delinquent
Loan Count
Sched Bal
Percentage
Actual Bal
1,841
337,478,653.75
92.80%
337,612,553.23
62
13,150,567.39
3.62%
13,162,074.67
34
7,890,115.17
2.17%
7,898,328.17
20
3,328,143.13
0.92%
3,332,672.78
12
1,795,434.34
0.49%
1,801,883.22
1,969
363,642,913.78
363,807,512.07
Bankruptcy
Loan Count
Sched Bal
Percentage
Actual Bal
3
196,776.80
44.47%
196,912.18
4
245,670.22
55.53%
246,047.51
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
7
442,447.02
442,959.69
Foreclosure
Loan Count
Sched Bal
Percentage
Actual Bal
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
12
3,121,607.44
35.91%
3,123,922.61
21
5,572,386.52
64.09%
5,580,204.44
33
8,693,993.96
8,704,127.05
REO
Loan Count
Sched Bal
Percentage
Actual Bal
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
2
314,140.58
100.00%
314,922.71
2
314,140.58
314,922.71
TOTAL
Loan Count
Sched Bal
Percentage
Actual Bal
1,844
337,675,430.55
90.51%
337,809,465.41
66
13,396,237.61
3.59%
13,408,122.18
34
7,890,115.17
2.11%
7,898,328.17
32
6,449,750.57
1.73%
6,456,595.39
35
7,681,961.44
2.06%
7,697,010.37
2,011
373,093,495.34
100.00%
373,269,521.52
All Groups
Current
30 - 59
days
60 - 89
days
90 - 120
days
120 + days
Current
90.5%
30 - 59 days
3.6%
60 - 89 days
2.1%
90 - 120 days
1.7%
120 + days
2.1%
Total:
100.0%
Current
30 - 59 days
60 - 89 days
90 - 120 days
120 + days
TOTAL
Delinquent
Loan Count
Sched Bal
Percentage
Actual Bal
1,126
203,829,827.24
94.32%
203,912,575.54
32
6,794,352.60
3.14%
6,801,413.13
17
3,127,454.40
1.45%
3,131,164.66
9
1,047,763.15
0.48%
1,050,112.51
7
1,299,971.49
0.60%
1,305,210.74
1,191
216,099,368.88
216,200,476.58
Bankruptcy
Loan Count
Sched Bal
Percentage
Actual Bal
0
0.00
0.00%
0.00
3
170,278.82
100.00%
170,484.69
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
3
170,278.82
170,484.69
Foreclosure
Loan Count
Sched Bal
Percentage
Actual Bal
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
8
1,760,475.42
44.59%
1,761,584.31
11
2,187,835.57
55.41%
2,192,710.37
19
3,948,310.99
3,954,294.68
REO
Loan Count
Sched Bal
Percentage
Actual Bal
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
1
214,773.56
100.00%
215,060.31
1
214,773.56
215,060.31
TOTAL
Loan Count
Sched Bal
Percentage
Actual Bal
1,126
203,829,827.24
92.47%
203,912,575.54
35
6,964,631.42
3.16%
6,971,897.82
17
3,127,454.40
1.42%
3,131,164.66
17
2,808,238.57
1.27%
2,811,696.82
19
3,702,580.62
1.68%
3,712,981.42
1,214
220,432,732.25
100.00%
220,540,316.26
Group 1
Current
30 - 59 days
60 - 89 days
90 - 120 days
120 + days
Current
92.5%
30 - 59 days
3.2%
60 - 89 days
1.4%
90 - 120 days
1.3%
120 + days
1.7%
Total:
100.0%
Page 14 of 27
Distribution Date: Sep 25, 2007
DELINQUENCY SUMMARY REPORT
Contact:
SPECIALTY UNDERWRITING AND RESIDENTIAL FINANCE TRUST, MORTGAGE LOAN
ASSET-BACKED CERTIFICATES, SERIES 2007-BC2
Derek Klein
Account Administrator
651-495-3849
derek.klein@usbank.com
Current
30 - 59 days
60 - 89 days
90 - 120 days
120 + days
TOTAL
Delinquent
Loan Count
Sched Bal
Percentage
Actual Bal
715
133,648,826.51
90.58%
133,699,977.69
30
6,356,214.79
4.31%
6,360,661.54
17
4,762,660.77
3.23%
4,767,163.51
11
2,280,379.98
1.55%
2,282,560.27
5
495,462.85
0.34%
496,672.48
778
147,543,544.90
147,607,035.49
Bankruptcy
Loan Count
Sched Bal
Percentage
Actual Bal
3
196,776.80
72.30%
196,912.18
1
75,391.40
27.70%
75,562.82
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
4
272,168.20
272,475.00
Foreclosure
Loan Count
Sched Bal
Percentage
Actual Bal
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
4
1,361,132.02
28.68%
1,362,338.30
10
3,384,550.95
71.32%
3,387,494.07
14
4,745,682.97
4,749,832.37
REO
Loan Count
Sched Bal
Percentage
Actual Bal
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
1
99,367.02
100.00%
99,862.40
1
99,367.02
99,862.40
TOTAL
Loan Count
Sched Bal
Percentage
Actual Bal
718
133,845,603.31
87.68%
133,896,889.87
31
6,431,606.19
4.21%
6,436,224.36
17
4,762,660.77
3.12%
4,767,163.51
15
3,641,512.00
2.39%
3,644,898.57
16
3,979,380.82
2.61%
3,984,028.95
797
152,660,763.09
100.00%
152,729,205.26
Group 2
Current
30 - 59 days
60 - 89 days
90 - 120 days
120 + days
Current
87.7%
30 - 59 days
4.2%
60 - 89 days
3.1%
90 - 120 days
2.4%
120 + days
2.6%
Total:
100.0%
Page 15 of 27
Distribution Date: Sep 25, 2007
DELINQUENCY SUMMARY REPORT
Contact:
SPECIALTY UNDERWRITING AND RESIDENTIAL FINANCE TRUST, MORTGAGE LOAN
ASSET-BACKED CERTIFICATES, SERIES 2007-BC2
Derek Klein
Account Administrator
651-495-3849
derek.klein@usbank.com
30 - 59 days
60 - 89 days
90 - 120 days
120 + days
TOTAL
Count
Balance ($)
% of Bal
Count
Balance ($)
% of Bal
Count
Balance ($)
% of Bal
Count
Balance ($)
% of Bal
Count
Balance ($)
% of Bal
Delinquent
62
13,150,567.39
50.26%
34
7,890,115.17
30.16%
20
3,328,143.13
12.72%
12
1,795,434.34
6.86%
128
26,164,260.03
Bankruptcy
4
245,670.22
100.00%
0
0.00
0.00%
0
0.00
0.00%
0
0.00
0.00%
4
245,670.22
Foreclosure
0
0.00
0.00%
0
0.00
0.00%
12
3,121,607.44
35.91%
21
5,572,386.52
64.09%
33
8,693,993.96
REO
0
0.00
0.00%
0
0.00
0.00%
0
0.00
0.00%
2
314,140.58
100.00%
2
314,140.58
TOTAL
66
13,396,237.61
37.82%
34
7,890,115.17
22.28%
32
6,449,750.57
18.21%
35
7,681,961.44
21.69%
167
35,418,064.79
100.00%
All Groups
30 - 59 days
60 - 89 days
90 - 120 days
120 + days
TOTAL
Count
Balance ($)
% of Bal
Count
Balance ($)
% of Bal
Count
Balance ($)
% of Bal
Count
Balance ($)
% of Bal
Count
Balance ($)
% of Bal
Delinquent
32
6,794,352.60
55.38%
17
3,127,454.40
25.49%
9
1,047,763.15
8.54%
7
1,299,971.49
10.60%
65
12,269,541.64
Bankruptcy
3
170,278.82
100.00%
0
0.00
0.00%
0
0.00
0.00%
0
0.00
0.00%
3
170,278.82
Foreclosure
0
0.00
0.00%
0
0.00
0.00%
8
1,760,475.42
44.59%
11
2,187,835.57
55.41%
19
3,948,310.99
REO
0
0.00
0.00%
0
0.00
0.00%
0
0.00
0.00%
1
214,773.56
100.00%
1
214,773.56
TOTAL
35
6,964,631.42
41.95%
17
3,127,454.40
18.84%
17
2,808,238.57
16.91%
19
3,702,580.62
22.30%
88
16,602,905.01
100.00%
Group 1
30 - 59 days
60 - 89 days
90 - 120 days
120 + days
TOTAL
Count
Balance ($)
% of Bal
Count
Balance ($)
% of Bal
Count
Balance ($)
% of Bal
Count
Balance ($)
% of Bal
Count
Balance ($)
% of Bal
Delinquent
30
6,356,214.79
45.75%
17
4,762,660.77
34.28%
11
2,280,379.98
16.41%
5
495,462.85
3.57%
63
13,894,718.39
Bankruptcy
1
75,391.40
100.00%
0
0.00
0.00%
0
0.00
0.00%
0
0.00
0.00%
1
75,391.40
Foreclosure
0
0.00
0.00%
0
0.00
0.00%
4
1,361,132.02
28.68%
10
3,384,550.95
71.32%
14
4,745,682.97
REO
0
0.00
0.00%
0
0.00
0.00%
0
0.00
0.00%
1
99,367.02
100.00%
1
99,367.02
TOTAL
31
6,431,606.19
34.18%
17
4,762,660.77
25.31%
15
3,641,512.00
19.35%
16
3,979,380.82
21.15%
79
18,815,159.78
100.00%
Group 2
19.66
8.83
7.93
10.45
18.16
13.45
10.28
11.24
120 + days
90 - 120 days
60 - 89 days
30 - 59 days
0
4
8
12
16
20
Group 1
Group 2
0
4
8
12
16
20
%
%
Distribution of Delinquencies By Group and Days. (total 100%)
34.64
0.48
11.15
0.61
39.23
0.21
13.40
0.28
REO
Foreclosure
Bankruptcy
Delinquent
0
5
10
15
20
25
30
35
40
Group 1
Group 2
0
5
10
15
20
25
30
35
40
%
%
Distribution of Delinquencies By Group and Status Type. (total 100%)
Page 16 of 27
Distribution Date: Sep 25, 2007
DELINQUENCY HISTORY REPORT - SIX MONTHS
Contact:
SPECIALTY UNDERWRITING AND RESIDENTIAL FINANCE TRUST, MORTGAGE LOAN
ASSET-BACKED CERTIFICATES, SERIES 2007-BC2
Derek Klein
Account Administrator
651-495-3849
derek.klein@usbank.com
May 2007
June 2007
July 2007
August 2007
September 2007
Count
Balance ($)
Count
Balance ($)
Count
Balance ($)
Count
Balance ($)
Count
Balance ($)
30 - 59 days
40
7,430,707.28
42
9,069,825.57
76
14,046,811.28
52
10,423,170.95
66
13,396,237.61
60 - 89 days
1
348,000.00
22
4,085,949.54
24
6,119,137.34
41
8,409,692.98
34
7,890,115.17
90 - 120 days
0
0.00
1
348,000.00
17
3,075,953.18
19
5,255,719.35
32
6,449,750.57
120 + days
0
0.00
0
0.00
1
348,000.00
18
3,423,178.32
35
7,681,961.44
Bankruptcy
0
0.00
1
87,405.29
1
87,329.00
3
196,912.18
7
442,447.02
Foreclosure
0
0.00
1
348,000.00
10
2,716,168.38
20
5,417,288.97
33
8,693,993.96
REO
0
0.00
0
0.00
0
0.00
1
99,439.19
2
314,140.58
All Groups
* Delinquency counts and amounts include loans in Bankruptcy, Forclosure and REO's
0.00M
2.00M
4.00M
6.00M
8.00M
10.00M
12.00M
14.00M
16.00M
18.00M
20.00M
5/
1/
20
07
6/
1/
20
07
7/
1/
20
07
8/
1/
20
07
9/
1/
20
07
Balance ($)
30 - 59 days
0.00M
2.00M
4.00M
6.00M
8.00M
10.00M
12.00M
14.00M
16.00M
18.00M
20.00M
5/
1/
20
07
6/
1/
20
07
7/
1/
20
07
8/
1/
20
07
9/
1/
20
07
Balance ($)
60 - 89 days
0.00M
2.00M
4.00M
6.00M
8.00M
10.00M
12.00M
14.00M
16.00M
18.00M
20.00M
5/
1/
20
07
6/
1/
20
07
7/
1/
20
07
8/
1/
20
07
9/
1/
20
07
Balance ($)
90 - 120 days
0.00M
2.00M
4.00M
6.00M
8.00M
10.00M
12.00M
14.00M
16.00M
18.00M
20.00M
5/
1/
20
07
6/
1/
20
07
7/
1/
20
07
8/
1/
20
07
9/
1/
20
07
Balance ($)
120 + days
0.00M
2.00M
4.00M
6.00M
8.00M
10.00M
12.00M
14.00M
16.00M
18.00M
20.00M
5/
1/
20
07
6/
1/
20
07
7/
1/
20
07
8/
1/
20
07
9/
1/
20
07
Balance ($)
REO
0.00M
2.00M
4.00M
6.00M
8.00M
10.00M
12.00M
14.00M
16.00M
18.00M
20.00M
5/
1/
20
07
6/
1/
20
07
7/
1/
20
07
8/
1/
20
07
9/
1/
20
07
Balance ($)
Foreclosure
0.00M
2.00M
4.00M
6.00M
8.00M
10.00M
12.00M
14.00M
16.00M
18.00M
20.00M
5/
1/
20
07
6/
1/
20
07
7/
1/
20
07
8/
1/
20
07
9/
1/
20
07
Balance ($)
Bankruptcy
Page 17 of 27
Distribution Date: Sep 25, 2007
DELINQUENCY HISTORY REPORT - SIX MONTHS
Contact:
SPECIALTY UNDERWRITING AND RESIDENTIAL FINANCE TRUST, MORTGAGE LOAN
ASSET-BACKED CERTIFICATES, SERIES 2007-BC2
Derek Klein
Account Administrator
651-495-3849
derek.klein@usbank.com
May 2007
June 2007
July 2007
August 2007
September 2007
Count
Balance ($)
Count
Balance ($)
Count
Balance ($)
Count
Balance ($)
Count
Balance ($)
30 - 59 days
19
3,320,276.92
25
4,925,970.95
44
7,718,888.23
28
5,496,010.17
35
6,964,631.42
60 - 89 days
0
0.00
13
2,063,026.85
13
3,082,013.74
24
4,056,485.45
17
3,127,454.40
90 - 120 days
0
0.00
0
0.00
9
1,172,765.10
10
2,661,371.54
17
2,808,238.57
120 + days
0
0.00
0
0.00
0
0.00
9
1,172,373.82
19
3,702,580.62
Bankruptcy
0
0.00
0
0.00
0
0.00
0
0.00
3
170,278.82
Foreclosure
0
0.00
0
0.00
5
871,877.92
11
2,177,858.54
19
3,948,310.99
REO
0
0.00
0
0.00
0
0.00
0
0.00
1
214,773.56
Group 1
* Delinquency counts and amounts include loans in Bankruptcy, Forclosure and REO's
0M
2M
4M
6M
8M
10M
12M
14M
16M
18M
20M
5/
1/
20
07
6/
1/
20
07
7/
1/
20
07
8/
1/
20
07
9/
1/
20
07
Balance ($)
30 - 59 days
0M
2M
4M
6M
8M
10M
12M
14M
16M
18M
20M
5/
1/
20
07
6/
1/
20
07
7/
1/
20
07
8/
1/
20
07
9/
1/
20
07
Balance ($)
60 - 89 days
0M
2M
4M
6M
8M
10M
12M
14M
16M
18M
20M
5/
1/
20
07
6/
1/
20
07
7/
1/
20
07
8/
1/
20
07
9/
1/
20
07
Balance ($)
90 - 120 days
0M
2M
4M
6M
8M
10M
12M
14M
16M
18M
20M
5/
1/
20
07
6/
1/
20
07
7/
1/
20
07
8/
1/
20
07
9/
1/
20
07
Balance ($)
120 + days
0M
2M
4M
6M
8M
10M
12M
14M
16M
18M
20M
5/
1/
20
07
6/
1/
20
07
7/
1/
20
07
8/
1/
20
07
9/
1/
20
07
Balance ($)
REO
0M
2M
4M
6M
8M
10M
12M
14M
16M
18M
20M
5/
1/
20
07
6/
1/
20
07
7/
1/
20
07
8/
1/
20
07
9/
1/
20
07
Balance ($)
Foreclosure
0M
2M
4M
6M
8M
10M
12M
14M
16M
18M
20M
5/
1/
20
07
6/
1/
20
07
7/
1/
20
07
8/
1/
20
07
9/
1/
20
07
Balance ($)
Bankrupcty
Page 18 of 27
Distribution Date: Sep 25, 2007
DELINQUENCY HISTORY REPORT - SIX MONTHS
Contact:
SPECIALTY UNDERWRITING AND RESIDENTIAL FINANCE TRUST, MORTGAGE LOAN
ASSET-BACKED CERTIFICATES, SERIES 2007-BC2
Derek Klein
Account Administrator
651-495-3849
derek.klein@usbank.com
May 2007
June 2007
July 2007
August 2007
September 2007
Count
Balance ($)
Count
Balance ($)
Count
Balance ($)
Count
Balance ($)
Count
Balance ($)
30 - 59 days
21
4,110,430.36
17
4,143,854.62
32
6,327,923.05
24
4,927,160.78
31
6,431,606.19
60 - 89 days
1
348,000.00
9
2,022,922.69
11
3,037,123.60
17
4,353,207.53
17
4,762,660.77
90 - 120 days
0
0.00
1
348,000.00
8
1,903,188.08
9
2,594,347.81
15
3,641,512.00
120 + days
0
0.00
0
0.00
1
348,000.00
9
2,250,804.50
16
3,979,380.82
Bankruptcy
0
0.00
1
87,405.29
1
87,329.00
3
196,912.18
4
272,168.20
Foreclosure
0
0.00
1
348,000.00
5
1,844,290.46
9
3,239,430.43
14
4,745,682.97
REO
0
0.00
0
0.00
0
0.00
1
99,439.19
1
99,367.02
Group 2
* Delinquency counts and amounts include loans in Bankruptcy, Forclosure and REO's
0M
2M
4M
6M
8M
10M
12M
14M
16M
18M
20M
5/
1/
20
07
6/
1/
20
07
7/
1/
20
07
8/
1/
20
07
9/
1/
20
07
Balance ($)
30 - 59 days
0M
2M
4M
6M
8M
10M
12M
14M
16M
18M
20M
5/
1/
20
07
6/
1/
20
07
7/
1/
20
07
8/
1/
20
07
9/
1/
20
07
Balance ($)
60 - 89 days
0M
2M
4M
6M
8M
10M
12M
14M
16M
18M
20M
5/
1/
20
07
6/
1/
20
07
7/
1/
20
07
8/
1/
20
07
9/
1/
20
07
Balance ($)
90 - 120 days
0M
2M
4M
6M
8M
10M
12M
14M
16M
18M
20M
5/
1/
20
07
6/
1/
20
07
7/
1/
20
07
8/
1/
20
07
9/
1/
20
07
Balance ($)
120 + days
0M
2M
4M
6M
8M
10M
12M
14M
16M
18M
20M
5/
1/
20
07
6/
1/
20
07
7/
1/
20
07
8/
1/
20
07
9/
1/
20
07
Balance ($)
REO
0M
2M
4M
6M
8M
10M
12M
14M
16M
18M
20M
5/
1/
20
07
6/
1/
20
07
7/
1/
20
07
8/
1/
20
07
9/
1/
20
07
Balance ($)
Foreclosure
0M
2M
4M
6M
8M
10M
12M
14M
16M
18M
20M
5/
1/
20
07
6/
1/
20
07
7/
1/
20
07
8/
1/
20
07
9/
1/
20
07
Balance ($)
Bankrupcty
Page 19 of 27
Distribution Date: Sep 25, 2007
CPR/CDR HISTORY REPORT - SIX MONTHS
Contact:
SPECIALTY UNDERWRITING AND RESIDENTIAL FINANCE TRUST, MORTGAGE LOAN
ASSET-BACKED CERTIFICATES, SERIES 2007-BC2
Derek Klein
Account Administrator
651-495-3849
derek.klein@usbank.com
Group 1
Group 2
Total
Current
7.54%
1,444,020.45
9.91%
1,333,831.64
8.52%
2,777,852.09
3 Month
9.39%
8.60%
9.07%
Life CPR
8.20%
11.74%
9.67%
Voluntary Constant Prepayment Rates (CPR)
Group 1
Group 2
Total
Current
0.00%
0.00
0.00%
0.00
0.00%
0.00
3 Month
0.00%
0.00%
0.00%
Life CDR
0.00%
0.00%
0.00%
Constant Default Rates (CDR)
0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
60.00%
70.00%
80.00%
90.00%
100.00%
5/1/2007
6/1/2007
7/1/2007
8/1/2007
9/1/2007
Group 1
Group 2
Total
Percentage
Current CPR
0M
2M
4M
6M
8M
10M
12M
14M
16M
18M
20M
5/1/2007
6/1/2007
7/1/2007
8/1/2007
9/1/2007
Group 1
Group 2
Total
Amount ($)
0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
60.00%
70.00%
80.00%
90.00%
100.00%
5/1/2007
6/1/2007
7/1/2007
8/1/2007
9/1/2007
Group 1
Group 2
Total
Percentage
Current CDR
0M
2M
4M
6M
8M
10M
12M
14M
16M
18M
20M
5/1/2007
6/1/2007
7/1/2007
8/1/2007
9/1/2007
Group 1
Group 2
Total
Amount ($)
Page 20 of 27
Distribution Date: Sep 25, 2007
BANKRUPTCY LOAN DETAIL REPORT
Contact:
SPECIALTY UNDERWRITING AND RESIDENTIAL FINANCE TRUST, MORTGAGE LOAN
ASSET-BACKED CERTIFICATES, SERIES 2007-BC2
Derek Klein
Account Administrator
651-495-3849
derek.klein@usbank.com
Bankruptcy
Count
Balance ($)
%
GROUP 1
3
170,278.82
38.49%
GROUP 2
4
272,168.20
61.51%
TOTAL:
7
442,447.02
100.00%
GROUP 1
GROUP 2
GROUP 1 38.5%
GROUP 2 61.5%
Total:
100.0%
GROUP 1
Next Due Date
Rate %
Ending Balance
Original Balance
Loan Number
Orig Term
State
Lien
121288235
18,974.00
18,928.45
12.50%
07/01/2007
180
KY
2
121305346
98,325.00
98,028.88
10.25%
07/01/2007
360
TN
1
121311179
53,500.00
53,321.49
10.99%
07/01/2007
360
IN
1
Total:
3
170,278.82
170,799.00
GROUP 2
Next Due Date
Rate %
Ending Balance
Original Balance
Loan Number
Orig Term
State
Lien
121287563
75,896.00
75,391.40
7.65%
07/01/2007
360
KY
1
121311214
82,500.00
82,160.38
8.75%
09/01/2007
360
MI
1
121311903
27,500.00
27,441.32
11.85%
09/01/2007
180
MI
2
121212215
88,000.00
87,175.10
6.95%
09/01/2007
360
IN
1
Total:
4
272,168.20
273,896.00
Page 21 of 27
Distribution Date: Sep 25, 2007
FORECLOSURE LOAN DETAIL REPORT
Contact:
SPECIALTY UNDERWRITING AND RESIDENTIAL FINANCE TRUST, MORTGAGE LOAN
ASSET-BACKED CERTIFICATES, SERIES 2007-BC2
Derek Klein
Account Administrator
651-495-3849
derek.klein@usbank.com
Foreclosure
Count
Balance ($)
%
GROUP 1
19
3,948,310.99
45.41%
GROUP 2
14
4,745,682.97
54.59%
TOTAL:
33
8,693,993.96
100.00%
GROUP 1
GROUP 2
GROUP 1 45.4%
GROUP 2 54.6%
Total:
100.0%
GROUP 1
Next Due Date
Rate %
Ending Balance
Original Balance
Loan Number
Orig Term
State
Lien
121200554
112,500.00
112,391.59
9.04%
05/01/2007
360
OH
1
121200700
106,000.00
105,383.17
9.34%
03/01/2007
360
MS
1
121224349
256,000.00
256,000.00
7.25%
05/01/2007
360
CO
1
121224885
72,000.00
71,807.68
8.69%
05/01/2007
360
IN
1
121227751
176,000.00
176,000.00
7.69%
05/01/2007
360
CO
1
121273982
150,000.00
149,022.18
7.75%
04/01/2007
360
FL
1
121281920
59,900.00
59,713.78
10.75%
03/01/2007
360
IA
1
121287985
333,000.00
332,632.72
7.83%
04/01/2007
360
CA
1
121288067
171,200.00
170,780.84
7.85%
03/01/2007
360
OR
1
121288115
406,800.00
405,898.49
8.70%
05/01/2007
360
IL
1
121288124
321,750.00
320,615.45
6.99%
03/01/2007
360
CO
1
121288142
162,000.00
161,646.37
8.25%
03/01/2007
360
PA
1
121288441
247,000.00
245,693.56
8.19%
04/01/2007
360
MO
1
121292409
90,000.00
89,902.87
10.62%
04/01/2007
360
LA
1
121311180
209,600.00
209,446.76
8.55%
05/01/2007
360
MD
1
121311764
352,000.00
351,285.21
8.50%
04/01/2007
360
CA
1
121311795
176,000.00
175,873.44
8.59%
05/01/2007
360
TN
1
121311821
201,407.00
201,159.42
8.29%
04/01/2007
360
WA
1
121311834
353,600.00
353,057.46
7.60%
05/01/2007
360
CA
1
Total:
19
3,948,310.99
3,956,757.00
GROUP 2
Next Due Date
Rate %
Ending Balance
Original Balance
Loan Number
Orig Term
State
Lien
121287694
549,000.00
548,360.14
8.00%
04/01/2007
360
NY
1
121287715
194,400.00
194,400.00
6.20%
05/01/2007
360
FL
1
121287777
584,000.00
583,337.46
7.75%
03/01/2007
360
CA
1
121287810
356,000.00
355,513.42
7.25%
04/01/2007
360
CA
1
121287930
420,000.00
419,561.43
7.97%
03/01/2007
360
CA
1
121287970
393,600.00
393,600.00
6.70%
03/01/2007
360
CA
1
121288049
468,000.00
467,231.52
7.08%
04/01/2007
360
MD
1
121288185
429,250.00
428,170.42
7.79%
05/01/2007
360
WI
1
121290986
348,000.00
348,000.00
7.00%
02/01/2007
360
FL
1
121293488
58,500.00
58,275.30
9.75%
04/01/2007
360
TN
1
121311407
557,600.00
557,600.00
7.25%
05/01/2007
360
CA
1
121108467
182,400.00
180,961.60
9.09%
05/01/2007
360
OH
1
121114424
107,760.00
106,924.57
8.79%
04/01/2007
360
MI
1
121155171
103,950.00
103,747.11
10.34%
04/01/2007
360
OH
1
Page 22 of 27
Distribution Date: Sep 25, 2007
FORECLOSURE LOAN DETAIL REPORT
Contact:
SPECIALTY UNDERWRITING AND RESIDENTIAL FINANCE TRUST, MORTGAGE LOAN
ASSET-BACKED CERTIFICATES, SERIES 2007-BC2
Derek Klein
Account Administrator
651-495-3849
derek.klein@usbank.com
Total:
14
4,745,682.97
4,752,460.00
Page 23 of 27
Distribution Date: Sep 25, 2007
REO LOAN DETAIL REPORT
Contact:
SPECIALTY UNDERWRITING AND RESIDENTIAL FINANCE TRUST, MORTGAGE LOAN
ASSET-BACKED CERTIFICATES, SERIES 2007-BC2
Derek Klein
Account Administrator
651-495-3849
derek.klein@usbank.com
REO
Count
All ($)
%
Count
New ($)
%
GROUP 1
1
214,773.56
68.37%
1
214,773.56
100.00%
GROUP 2
1
99,367.02
31.63%
0
0.00
0.00%
TOTAL:
2
314,140.58
100.00%
1
214,773.56
100.00%
GROUP 1
GROUP 2
GROUP 1 68.4%
GROUP 2 31.6%
Total:
100.0%
GROUP 1
Next Due Date
Rate %
Ending Balance
Original Balance
Loan Number
Orig Term
New REO?
Book Value
State
Lien
121287809
215,100.00
214,773.56
9.49%
03/01/2007
360
Yes
170,000.00
GA
1
Total:
1
214,773.56
215,100.00
GROUP 2
Next Due Date
Rate %
Ending Balance
Original Balance
Loan Number
Orig Term
New REO?
Book Value
State
Lien
121287825
100,000.00
99,367.02
7.90%
03/01/2007
360
59,500.00
MI
1
Total:
1
99,367.02
100,000.00
Page 24 of 27
Distribution Date: Sep 25, 2007
PREPAYMENT & LIQUIDATION LOAN DETAIL REPORT
Contact:
SPECIALTY UNDERWRITING AND RESIDENTIAL FINANCE TRUST, MORTGAGE LOAN
ASSET-BACKED CERTIFICATES, SERIES 2007-BC2
Derek Klein
Account Administrator
651-495-3849
derek.klein@usbank.com
Count
Original
Balance
Prepayment
Liquidation
Group
Begin Balance
GROUP 1
8
1,444,732.00
1,439,713.66
0.00
221,965,279.66
GROUP 2
5
1,339,700.00
1,336,570.79
0.00
154,052,959.61
TOTAL:
13
2,784,432.00
2,776,284.45
0.00
0.65%
99.35%
1
0.87%
99.13%
2
Prepayment
Liquidation
Beginning Balance
GROUP 1
Prepay
Penalty
Loss
Severit
Loan
Rate
Add'l Loss
Date
Paid Off
Date
Payoff Description
Add'l Loss
Loss
Liquidation
Proceeds
Original
Balance
Beginning
Balance
Scheduled
Principal
Prepayment
Loan Num
State Lien
121231125
300,000.00
298,876.95
298,755.79
0.00
0.00
0.00 Voluntary PIF
08/15/2007
12/30/1899
121.16
6.990%
8,363.61
NY
1
121273980
44,982.00
44,766.97
44,745.24
0.00
0.00
0.00 Voluntary PIF
08/29/2007
12/30/1899
21.73
9.990%
0.00
TX
2
121287743
398,000.00
397,295.37
397,191.84
0.00
0.00
0.00 Voluntary PIF
08/31/2007
12/30/1899
103.53
8.500%
0.00
MA
1
121288050
204,800.00
203,890.98
203,757.47
0.00
0.00
0.00 Voluntary PIF
08/31/2007
12/30/1899
133.51
8.380%
0.00
MO
1
121309923
137,700.00
137,318.86
137,253.49
0.00
0.00
0.00 Voluntary PIF
08/21/2007
12/30/1899
65.37
9.900%
0.00
GA
1
121311287
166,250.00
165,541.60
165,449.95
0.00
0.00
0.00 Voluntary PIF
08/24/2007
12/30/1899
91.65
9.250%
0.00
NJ
1
121311767
152,000.00
151,880.86
151,860.54
0.00
0.00
0.00 Voluntary PIF
08/31/2007
12/30/1899
20.32
7.950%
2,733.62
VA
1
121314389
41,000.00
40,727.61
40,699.34
0.00
0.00
0.00 Voluntary PIF
08/31/2007
12/30/1899
28.27
8.200%
407.28
IN
1
Total:
8
1,444,732.00
1,440,299.20
585.54
1,439,713.66
0.00
0.00
0.00
11,504.51
GROUP 2
Prepay
Penalty
Loss
Severit
Loan
Rate
Add'l Loss
Date
Paid Off
Date
Payoff Description
Add'l Loss
Loss
Liquidation
Proceeds
Original
Balance
Beginning
Balance
Scheduled
Principal
Prepayment
Loan Num
State Lien
121273987
360,000.00
359,487.65
359,440.97
0.00
0.00
0.00 Voluntary PIF
08/21/2007
12/30/1899
46.68
10.990%
0.00
NJ
1
121275388
234,400.00
233,411.45
233,299.52
0.00
0.00
0.00 Voluntary PIF
08/31/2007
12/30/1899
111.93
10.000%
0.00
MA
1
121275389
58,600.00
58,293.81
58,274.66
0.00
0.00
0.00 Voluntary PIF
08/31/2007
12/30/1899
19.15
12.200%
0.00
MA
2
121288584
110,700.00
110,329.58
110,274.93
0.00
0.00
0.00 Voluntary PIF
08/29/2007
12/30/1899
54.65
9.750%
992.60
OH
1
121311828
576,000.00
575,385.30
575,280.71
0.00
0.00
0.00 Voluntary PIF
08/31/2007
12/30/1899
104.59
7.125%
5,177.85
CO
1
Total:
5
1,339,700.00
1,336,907.79
337.00
1,336,570.79
0.00
0.00
0.00
6,170.45
Page 25 of 27
Distribution Date: Sep 25, 2007
MATERIAL MODIFICATIONS, EXTENSIONS, WAIVERS LOAN DETAIL REPORT
Contact:
SPECIALTY UNDERWRITING AND RESIDENTIAL FINANCE TRUST, MORTGAGE LOAN
ASSET-BACKED CERTIFICATES, SERIES 2007-BC2
Derek Klein
Account Administrator
651-495-3849
derek.klein@usbank.com
#
U.S. Bank National Association in its respective capacity under the transaction documents is not aware of any
material modifications, extensions or waivers to pool asset terms, fees, penalties or payments #
Page 26 of 27
Distribution Date: Sep 25, 2007
MATERIAL BREACHES LOAN DETAIL REPORT
Contact:
SPECIALTY UNDERWRITING AND RESIDENTIAL FINANCE TRUST, MORTGAGE LOAN
ASSET-BACKED CERTIFICATES, SERIES 2007-BC2
Derek Klein
Account Administrator
651-495-3849
derek.klein@usbank.com
#
U.S. Bank National Association in its respective capacity under the transaction documents is not aware of any
material modifications, extensions or waivers to pool asset terms, fees, penalties or payments #
Page 27 of 27