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): January 18, 2008

Alternative Loan Trust Resecuritization 2008-1R

(Exact name of the issuing entity)

Commission File Number of the issuing entity: 333-140962-33

CWALT, Inc.

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

Commission File Number of the depositor: 333-140962

Deutsche Bank Securities 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
4500 Park Granada
(Address of Principal Executive Offices of the depositor)	(Zip Code)
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:

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))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 ~~CFR 240~~CFR240.13e-4(c))

Section 8 Other Events

Item 8.01 Other Events.

On January 18, 2008, CWALT, Inc. (the “Company”) entered into a Trust Agreement, dated as of December 26, 2007 (the “Trust Agreement”), by and among the Company, as depositor, Credit Suisse Securities (USA) LLC, as sponsor and underlying certificate seller (the “Underlying Certificate Seller”), and The Bank of New York, as trustee (the “Trustee”) and in its capacities as securities intermediary and as bank, providing for the issuance of the Company’s Mortgage Pass-Through Certificates, Series 2008-1R. The Trust 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 ~~businesses~~business acquired.

Not applicable.

(b)

Pro forma financial information.

Not applicable.

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

8.1 Tax Opinion of Sidley Austin llp (included in Exhibit No5. ~~Description~~1).

9923.1 ~~The Trust Agreement, dated as~~ Consent of ~~December~~Sidley ~~26,~~Austin llp(included in ~~2007,~~Exhibits by5.1 and ~~among the Company, the Underlying Certificate Seller and the Trustee~~ 8.1).

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: ~~January 24],~~February 5, 2008

Exhibit Index

Exhibit

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

~~99.1 The Trust Agreement, dated as of December 26, 2007, by and among the Company, the Underlying Certificate Seller and the Trustee.~~4

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