UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

________________

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest Event

Reported): ~~March~~February 2328, 2007

Alternative Loan Trust 2007-J1

(Exact name of the issuing entity)

Commission File Number of the issuing entity: 333-131630-86

CWALT, Inc.

(Exact name of the depositor as specified in its charter)

Commission File Number of the depositor: 333-131630

Countrywide Home Loans, Inc.

(Exact name of the sponsor as specified in its charter)

Delaware	87-0698307
(State or Other Jurisdiction	(I.R.S. Employer
of Incorporation of the depositor)	Identification No. of the depositor)
4500 Park Granada
Calabasas, California	91302
(Address of Principal	(Zip Code)
Executive Offices of the depositor)

4500 Park Granada
Calabasas, California	91302
(Address of Principal	(Zip Code)
Executive Offices of the depositor)

The depositor’s telephone number, including area code (818) 225-3000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any following provisions:

~~Check the appropriate~~o ~~box~~Written ~~below~~communications ifpursuant ~~the Form 8-K filing is intended~~ to ~~simultaneously satisfy~~Rule ~~the~~425 ~~filing~~under ~~obligation of~~ the ~~registrant~~Securities ~~under~~Act ~~any~~(17 ~~following provisions:~~CFR 230.425)

[o ]Soliciting ~~Written~~material ~~communications~~ pursuant to Rule ~~425~~14a-12(b) under the ~~Securities~~Exchange Act (17 CFR ~~230~~240.~~425~~14a-12(b))

[o ]Pre-commencement ~~Soliciting~~communications ~~material~~ pursuant to Rule ~~14a~~14d-122(b) under the Exchange Act (17 CFR 240.~~14a~~14d- 122(b))

[o ] Pre-commencement communications pursuant to Rule ~~14d~~13e-24(bc) under the Exchange Act (17 ~~CFR 240~~CFR240.~~14d~~13e-24(bc))

~~[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))~~Section 8 Other Events

Item 8.01. Other Events.

~~The~~On ~~tables~~February ~~attached~~28, ~~hereto~~2007, asCWALT, ~~Exhibit 99~~Inc.1 ~~describe~~(the ~~characteristics~~“Company”) ofentered ~~the~~into ~~mortgage~~a Pooling and ~~loans~~Servicing inAgreement ~~loan~~dated ~~group~~as of February 1, ~~loan~~2007 ~~group~~(the 2“Pooling and ~~loan group 3 following the transfer~~Servicing ~~to the~~Agreement”), ~~issuing~~among ~~entity~~the ofCompany, ~~all~~as ~~Supplemental~~depositor, ~~Mortgage~~Countrywide Home Loans, ~~during the Pre-funding~~Inc. ~~Period~~(“CHL”), ~~and~~ as ofa ~~the~~seller, ~~related~~Park ~~cut-off~~Granada ~~date.~~LLC, ~~All~~as ~~percentages~~a ~~set~~seller ~~forth~~(“Park ~~below~~Granada”), Park ~~have been~~Monaco ~~calculated~~Inc., ~~based~~as ona ~~the~~seller ~~aggregate~~(“Park ~~Stated~~Monaco”), ~~Principal~~Park ~~Balance~~Sienna ofLLC, ~~the~~as ~~mortgage~~a seller (“Park ~~loans~~Sienna” inand, ~~the~~together ~~related~~with ~~loan~~CHL, ~~group~~Park asGranada ofand ~~the~~Park ~~related~~Monaco, ~~cut-off~~the ~~date. The sum of~~“Sellers”), ~~the columns~~Countrywide ~~may~~Home ~~not~~Loans ~~equal~~Servicing ~~the~~LP, ~~respective~~as ~~totals~~master ~~due~~servicer to(the ~~rounding.~~“Master ~~In addition~~Servicer”), ~~the~~ ~~Weighted~~and ~~Average~~The ~~FICO~~Bank ~~Credit~~of ~~Score~~New ~~column~~York, inas trustee (the ~~following~~“Trustee”), ~~tables~~providing ~~has~~for ~~been~~the issuance ~~calculated~~of ~~without~~the ~~regard~~Company’s toMortgage ~~any~~Pass-Through ~~mortgage~~Certificates, ~~loans~~Series 2007-J1. The ~~where~~Pooling aand ~~FICO~~Servicing ~~score~~Agreement is ~~not~~annexed hereto as ~~available~~Exhibit 99.1.

~~Capitalized~~On ~~terms~~February ~~used~~28, ~~but~~2007, ~~not~~CHL ~~defined~~entered ~~herein~~into ~~shall~~an ~~have~~assignment agreement (the ~~respective~~“Assignment Agreement”), ~~meanings~~dated ~~assigned~~as of February 28, 2007, by and among CHL, The Bank of New ~~to them~~York, inas ~~the~~Supplemental ~~related~~Interest ~~prospectus~~Trustee ~~supplement~~and Bear Stearns Financial Products Inc., pursuant asto ~~filed~~which ~~with~~CHL ~~the~~assigned ~~Securities~~all of its rights and delegated all of its duties ~~Exchange~~and ~~Commission~~obligations onunder ~~February~~the ~~28,~~Bear ~~2007~~Corridor ~~under~~Contract ~~Rule~~to ~~424(b)(5)~~the Supplemental Interest Trustee. The Assignment Agreement is annexed hereto as Exhibit 99.2.

~~Item~~On 9February 26, 2007 CHL entered into an interest rate corridor contract (the “Bear Corridor Contract”) as evidenced by a confirmation between CHL and Bear Stearns Financial Products Inc.01 (the “Bear Confirmation”). ~~Financial~~ The Bear ~~Statements~~Confirmation ~~and~~is ~~Exhibits~~annexed hereto as Exhibit 99.3.

On January 30, 2006, the Company entered into an Item 1115 agreement (athe “Bear Item 1115 Agreement”), ~~Not~~dated ~~applicable~~as of January 30, 2006, by and among the Company, as depositor, CHL, CWMBS, Inc. (“CWMBS”), CWABS, Inc. (“CWABS”), CWHEQ, Inc. (“CWHEQ”) and Bear Stearns Financial Products Inc. (“BSFP”), as counterparty. The Bear Item 1115 Agreement is annexed hereto as Exhibit 99.4.

On February 28, 2007, the Supplemental Interest Trustee entered into an interest rate corridor contract as evidenced by a confirmation (bthe “BANA Confirmation”), dated ~~Not~~February ~~applicable~~27, 2007, between the Supplemental Interest Trustee and Bank of America, N. A. (the “BANA”). The BANA Confirmation is annexed hereto as Exhibit 99.5.

On March 27, 2006, the Company entered into an Item 1115 agreement (cthe “BANA Item 1115 Agreement”), ~~Exhibits:~~dated as of March 27, 2006, among the Company, CHL, CWMBS, Inc. (“CWMBS”), CWHEQ, Inc. (“CWHEQ”), CWABS, Inc. (“CWABS”) and BANA. The BANA Item 1115 Agreement is annexed hereto as Exhibit 99.6.

~~Exhibit~~On NoFebruary 28, 2007, MBIA Insurance Company issued a financial guaranty insurance policy for the Class 3-A-2 Certificates (the “Class 3-A-2 Policy”). ~~Description~~ The Certificate Insurance Policy is annexed hereto as Exhibit 99.7.

99.1 Characteristics of the mortgage loans in loan group 1, loan group 2 and loan group 3.

~~Signatures~~Section 9 Financial Statements and Exhibits

~~Pursuant to~~Item ~~the~~9.01 ~~requirements~~Financial ofStatements ~~the~~and ~~Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized~~Exhibits.

~~CWALT, INC~~(a) Financial statements of businesses acquired.

~~By:~~Not ~~/s/ Darren Bigby~~ applicable.

~~Name: Darren~~(b) ~~Bigby~~Pro forma financial information.

~~Title:~~Not ~~Vice President~~ applicable.

~~Dated: March~~(c) ~~23,~~Shell ~~2007~~Company Transactions.

(d)

Exhibits.

Exhibit No.

Description

99.1

Pooling and Servicing Agreement, dated as of February 1, 2007, among, the Company, the Sellers, the Master Servicer and the Trustee.

99.2

Assignment Agreement, dated as of February 28, 2007, among, the Supplemental Interest Trustee, CHL, and BSFP.

99.3

Bear Confirmation dated February 26, 2007 between CHL and BSFP.

99.4

Bear Item 1115 Agreement, dated January 30, 2006, among the Company, CHL, CWMBS, CWABS, CWHEQ and BSFP.

99.5

BANA Confirmation dated February 28, 2007 between the Supplemental Interest Trustee and BANA.

99.6

BANA Item 1115 Agreement, dated March 27, 2006, among the Company, CHL, CWMBS, CWABS, CWHEQ and BANA.

99.7

Class 3-A-2 Policy, dated February 28, 2007.

~~Exhibit Index~~SIGNATURES

Exhibit No.	Description
99.1	Characteristics of the mortgage loans in loan group 1, loan group 2 and loan group 3.

Pursuant to the requirements of the Securities Exchange Act of 1934, the depositor has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	CWALT, INC.

	By:	/s/ Darren Bigby
		Darren Bigby
		Vice President

Dated: May 11, 2007

Exhibit Index

Exhibit

99.1	Pooling and Servicing Agreement, dated as of February 1, 2007, among, the Company, the Sellers, the Master Servicer and the Trustee.

99.2	Assignment Agreement, dated as of February 28, 2007, among, the Supplemental Interest Trustee, CHL, and BSFP.

99.3	Bear Confirmation dated February 26, 2007 between CHL and BSFP.

99.4	Bear Item 1115 Agreement, dated January 30, 2006, among the Company, CHL, CWMBS, CWABS, CWHEQ and BSFP.

99.5	BANA Confirmation dated February 28, 2007 between the Supplemental Interest Trustee and BANA.

99.6	BANA Item 1115 Agreement, dated March 27, 2006, among the Company, CHL, CWMBS, CWABS, CWHEQ and BANA.

99.7	Class 3-A-2 Policy, dated February 28, 2007.

Filing Compare · Alternative Loan Trust 2007-J1