UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

~~FORM~~Form 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of of Report (Date of earliest ~~event~~Event

~~reported~~Reported): May ~~December 27~~19, ~~2006~~2008

CWHEQ Home Equity Loan Trust, Series 2006-S8

(Exact name of the issuing entity)

Commission File Number of the issuing entity: 333-132375-14

CWHEQ, ~~Inc~~INC.

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

Commission File Number of the depositor: 333-132375

Countrywide Home Loans , Inc.

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

Delaware	87-0698310
(State or Other Jurisdiction of Incorporation of the depositor)	(I.R.S. Employer Identification No. of the depositor)
(State or Other Jurisdiction of Incorporation)	(I.R.S. Employer Identification No.)

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


4500 Park Granada Calabasas, California (Address of Principal Executive Offices) Registrant’s telephone number, including area code (818) 225-3000	91302 (Zip Code)

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 (see General Instruction A.2. below):

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

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

[ ] 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 7. Regulation ~~8 Other Events~~FD

Item 8 7.01. ~~Other~~Regulation FD ~~Events.~~Disclosure

~~The~~CWHEQ ~~consolidated~~Home ~~balance~~Equity ~~sheets~~Loan ofTrust, ~~MBIA~~Series ~~Insurance~~2006-S8 ~~Corporation~~ (the “~~MBIA~~Issuing Entity”) ~~and~~has ~~its subsidiary~~the asbenefit of the Credit ~~December~~Insurance ~~31,~~Policy ~~2005~~(the ~~and~~“Policy”) ~~2004~~which ~~and~~insures ~~the~~certain ~~related consolidated~~Mortgage ~~statements~~Loans of(referred ~~operations~~to ~~and~~as ~~comprehensive~~the ~~income,~~“Covered ~~changes~~Loans”) inagainst ~~shareholder's~~certain ~~equity,~~losses. The ~~and~~Issuing ~~cash~~Entity ~~flows~~also ~~for~~has ~~each of~~ the ~~three~~benefit ~~years~~of in the ~~period~~Sponsor ~~ended December~~Loss ~~31,~~Coverage ~~2005,~~Obligation ~~incorporated~~provided by ~~reference~~Countrywide inHome ~~this~~Loans, ~~prospectus~~Inc. (“Countrywide”). The ~~supplement,~~Sponsor ~~have~~Loss ~~been so incorporated~~Coverage inObligation ~~this~~is ~~prospectus~~intended ~~supplement~~to cover inRealized ~~reliance~~Losses on the ~~report~~Covered ~~of PricewaterhouseCoopers~~Loans ~~LLP,~~with ~~independent~~respect ~~registered~~to ~~public~~which ~~accounting~~a ~~firm,~~claim for ~~given on~~payment ~~the~~is ~~authority~~denied ofby ~~that~~the ~~firm~~insurer asdue ~~experts~~to an exclusion in ~~accounting~~the ~~and~~Policy (such denied ~~auditing~~claims, “Covered Claims”), up to the Sponsor Loss Coverage Amount.

~~The~~Historically it has been Countrywide’s ~~balance~~policy ~~sheets~~not ofto ~~MBIA~~make asLoss Coverage Payments under its Sponsor Loss Coverage Obligation for Covered Claims until it had completed all of ~~December~~its 31efforts to obtain payment from the insurer, ~~2005~~including ~~and~~exercising ~~2004~~any ~~and~~appeal ~~the~~rights ~~related~~under ~~statements~~the ofPolicy ~~operations~~with ~~and~~respect ~~comprehensive~~to ~~income,~~denied ~~changes~~claims. In connection with the implementation of a change in ~~shareholders’~~this policy to a policy of making Loss Coverage Payments upon the ~~equity~~initial denial of claims, ~~and~~Countrywide ~~cash~~included ~~flows~~certain payments for ~~each~~Covered Claims ofon the ~~three~~April ~~years~~2008 inDistribution ~~the~~Date ~~period~~that ~~ended~~related ~~December~~to initial claim denials ~~31,~~received ~~2005,~~in ~~incorporated~~periods byprior ~~reference~~to inthe ~~this~~related ~~prospectus~~Due ~~supplement~~Period for such Distribution Date (such Covered Claims, ~~have~~the ~~been~~“Aged Claims”). The table below summarizes ~~so incorporated~~the inamounts ~~this~~of ~~prospectus~~the ~~supplement~~Loss inCoverage ~~reliance~~Payment by Countrywide on the ~~report~~April of2008 ~~PricewaterhouseCoopers,~~Distribution ~~independent~~Date ~~registered~~that ~~public~~would ~~accounting~~have ~~firm,~~been ~~given~~ paid on prior Distribution Dates if Loss ~~the~~Coverage ~~authority~~Payments ofrelating ~~that~~to ~~firm~~Aged asClaims ~~experts~~had inbeen ~~accounting~~made ~~and~~upon ~~auditing~~the initial denial of claims.

InApril ~~connection~~2008 ~~with~~Distribution the issuance of the Notes, the Company is filing herewith the consent of PricewaterhouseCoopers LLP and the consent of PricewaterhouseCoopers to the use of their name and the incorporation by reference of their report in the prospectus and the prospectus supplement relating to the issuance of the Notes. The consents of PricewaterhouseCoopers LLP and PricewaterhouseCoopers are attached hereto as Exhibit 23.1Date

Month of Distribution (if paid upon Initial Denial)	Number of Loans	Loss Coverage Payment
October 2007	6	$ 639,647.15
December 2007	2	$ 118,718.53
January 2008	1	$ 49,463.62
February 2008	2	$ 176,984.83
March 2008	4	$ 331,485.75
Total	15	$1,316,299.88

~~Section~~Countrywide ~~9 Financial~~does not expect the Loss Coverage Payments on subsequent Distribution Dates to ~~Statements~~include ~~and~~amounts ~~Exhibits~~for Aged Claims of a similar magnitude as were paid on the April 2008 Distribution Date.

~~Item~~ The 9payment described in the preceding paragraph affects the timing of payments from the Sponsor Loss Coverage Obligation.01 ~~Financial~~In addition, upon final resolution of each ~~Statements~~Aged Claim the Sponsor Loss Coverage Obligation may be affected. In cases where the insurer agrees to pay an Aged Claim, Countrywide will be entitled to receive the amount covered by the insurer and ~~Exhibits~~the remaining Sponsor Loss Coverage Amount will increase by that amount. In cases where Countrywide’s appeals are unsuccessful, there will be no adjustment to the Sponsor Loss Coverage Amount.

~~(a)~~No ~~Financial~~assurances ~~statements~~are being provided herein that Loss Coverage Payments by Countrywide on Distribution Dates prior to the April 2008 Distribution Date did not include payments attributable to Aged Claims. In addition, there can be no assurance that additional Loss Coverage Payments will be made at any time prior to Countrywide making all efforts to obtain payment from the related insurer in respect of ~~businesses~~claims ~~acquired~~which are initially denied.

~~Not~~Capitalized terms used herein and not ~~applicable~~defined herein shall have the meanings set forth in the Pooling and Servicing Agreement, dated as of December 1, 2006, by and among Countrywide, CWHEQ, Inc., as depositor, Park Granada LLC, as a seller, Park Monaco Inc., as a seller, Park Sienna LLC, as a seller, Countrywide Home Loans Servicing LP, as master servicer, and The Bank of New York, as trustee.

(b) Pro forma financial information.

Not applicable.

Exhibit No. Description

23.1 Consent of PricewaterhouseCoopers LLP and PricewaterhouseCoopers, Independent Registered Public Accounting Firm of MBIA Insurance Corporation.

SIGNATURES

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

CWHEQ, INC. By: /s/ Darren Bigby Name: Darren Bigby Title: Executive Vice President

Dated: May ~~December 27~~19, ~~2006~~2008

Exhibit Index

Exhibit

23.1 Consent of PricewaterhouseCoopers LLP and PricewaterhouseCoopers, Independent Registered Public Accounting Firm of MBIA Insurance Corporation.

Filing Compare · CWHEQ Home Equity Loan Trust, Series 2006-S8