10-D/A 1 bnc07004_10da-200803.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 10-D/A Amendment No. 1 ASSET-BACKED ISSUER DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the monthly distribution period from: February 02, 2008 to March 01, 2008 Commission File Number of issuing entity: 333-139693-20 BNC Mortgage Loan Trust 2007-4 (Exact name of issuing entity as specified in its charter) Commission File Number of depositor: 333-139693 Structured Asset Securities Corporation (Exact name of depositor as specified in its charter) Lehman Brothers Holdings Inc. (Exact name of sponsor(s) as specified in its charter) New York (State or other jurisdiction of incorporation or organization of the issuing entity) Not Applicable (I.R.S. Employer Identification No.) 745 Seventh Avenue New York, NY 10019 (Address of principal executive offices of the issuing entity) (Zip Code) (212) 526-7000 (Telephone number, including area code) Not Applicable (Former name, former address, if changed since last report) Registered/reporting pursuant to (check one) Title of Section Section Section Name of Exchange Class 12(b) 12(g) 15(d) (If Section 12(b)) A1 _____ _____ __X___ ____________ A2 _____ _____ __X___ ____________ A2A _____ _____ __X___ ____________ A2B _____ _____ __X___ ____________ A3 _____ _____ __X___ ____________ A3A _____ _____ __X___ ____________ A3B _____ _____ __X___ ____________ A4 _____ _____ __X___ ____________ A4A _____ _____ __X___ ____________ A4B _____ _____ __X___ ____________ M1 _____ _____ __X___ ____________ M1A _____ _____ __X___ ____________ M1B _____ _____ __X___ ____________ M2 _____ _____ __X___ ____________ M2A _____ _____ __X___ ____________ M2B _____ _____ __X___ ____________ M3 _____ _____ __X___ ____________ M3A _____ _____ __X___ ____________ M3B _____ _____ __X___ ____________ M4 _____ _____ __X___ ____________ M4A _____ _____ __X___ ____________ M4B _____ _____ __X___ ____________ M5 _____ _____ __X___ ____________ M5A _____ _____ __X___ ____________ M5B _____ _____ __X___ ____________ M6 _____ _____ __X___ ____________ M6A _____ _____ __X___ ____________ M6B _____ _____ __X___ ____________ M7 _____ _____ __X___ ____________ M8 _____ _____ __X___ ____________ M9 _____ _____ __X___ ____________
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes __X__ No ____ Part I - DISTRIBUTION INFORMATION Item 1. Distribution and Pool Performance Information On May 02, 2008 a revision was made to the March 25, 2008 distribution which was made to the holders of BNC Mortgage Loan Trust 2007-4. The reason for this amendment is to add the Current Market table(s) to the distribution report. No changes have been made to the Bondholder payments. The revised distribution report is attached as an Exhibit to this Form 10-D/A. Please see Item 9(b), Exhibit 99.1 for the related information. Part II - OTHER INFORMATION Item 9. Exhibits. (a) The following is a list of documents filed as part of this Report on Form 10-D/A: (99.1) Amended monthly report distributed to holders of the certificates issued by BNC Mortgage Loan Trust 2007-4, relating to the March 25, 2008 distribution. (99.2) Risk Management Group Risk Manager (b) The exhibits required to be filed by the Registrant pursuant to this Form are listed above and in the Exhibit Index that immediately follows the signature page hereof. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. BNC Mortgage Loan Trust 2007-4 (Issuing Entity) Aurora Loan Services LLC (Master Servicer) /s/ Michele Olds Michele Olds, Vice President Servicer Oversight Date: May 09, 2008 EXHIBIT INDEX Exhibit Number Description EX-99.1 Amended monthly report distributed to holders of the certificates issued by BNC Mortgage Loan Trust 2007-4, relating to the March 25, 2008 distribution. EX-99.2 Risk Management Group Risk Manager