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): May 3130, 2007

Alternative Loan Trust 2007-HY4

(Exact name of the issuing entity)

Commission File Number of the issuing entity: 333-140962-07

CWALT, Inc.

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

Commission File Number of the depositor: 333-140962

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
(State or Other Jurisdiction of Incorporation of the depositor)	(I.R.S. Employer Identification No. of the depositor)
of Incorporation of the depositor)	Identification No. of the depositor)

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

[¨ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[¨ ] Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))

[¨ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[¨ ] 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.

On May 30, 2007, CWALT, Inc. (the “Company”) entered into a Pooling and Servicing Agreement dated as of May 1, 2007 (the “Pooling and Servicing Agreement”), among the Company, as depositor, Countrywide Home Loans, Inc., as a seller (“CHL”), EMC Mortgage Corporation, as a seller (“EMC”), Park Granada LLC, as a seller (“Park Granada”), Park Monaco Inc., as a seller (“Park Monaco”), Park Sienna LLC, as a seller (“Park Sienna” and, together with CHL, EMC, Park Granada and Park Monaco, the “Sellers”), Countrywide Home Loans Servicing LP, as master servicer (the “Master Servicer”), and The Bank of New York, as trustee (the “Trustee”), providing for the issuance of the Company’s Mortgage Pass-Through Certificates, Series 2007-HY4. The Pooling and Servicing Agreement is annexed hereto as Exhibit 99.1.

Section 9

Financial Statements and Exhibits

Item 9.01

Financial Statements and Exhibits.

(a) Financial statements of ~~business~~businesses acquired.

Not applicable.

(b)	Pro forma financial information.

Not applicable.

~~5.1~~(d) ~~Legality Opinion of Sidley Austin LLP~~Exhibits.

~~8.1 Tax Opinion of Sidley Austin LLP (included in~~ Exhibit 5No.~~1).~~ Description

2399.1 ~~Consent~~The ofPooling ~~Sidley~~and ~~Austin~~Servicing ~~LLP~~Agreement, ~~(included~~dated inas ~~Exhibits~~of 5.May 1, 2007, among the Company, the Sellers, the Master Servicer and 8the Trustee.~~1).~~

SIGNATURES

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

Executive Vice President

Dated: ~~June~~July 53, 2007

Exhibit Index

Exhibit		Page
5.1	Legality Opinion of Sidley Austin LLP	1
8.1	Tax Opinion of Sidley Austin LLP (included in Exhibit 5.1)	1
23.1	Consent of Sidley Austin LLP (included in Exhibits 5.1 and 8.1)	1

Exhibit

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

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