
                                  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): JuneJuly 2611, 2006

STANWICH ASSET ACCEPTANCE COMPANY, L.L.C. (as seller under a Pooling and
servicing Agreement, dated as of June 1, 2006, providing for, inter alia, the
issuance of Carrington Mortgage Loan Trust, Series 2006-FRE1 Asset-Backed
Pass-Through Certificates)

                   STANWICH ASSET ACCEPTANCE COMPANY, L.L.C.,
                     on behalf of Carrington Mortgage Loan Trust,
             Series 2006-FRE1 Asset-Backed 
                           Pass-Through Certificates
            -------------------------------------------------------
             (Exact name of registrant as specified in its charter)



                          Delaware                                                    333-130210124562-03                            04             20-2698835
--------------------------------------    --------------------------------------    ---------------------------------
   (State or other jurisdiction of                 (Commission File Number)                           (IRS Employer
                    incorporation)                                                                                                       Identification No.)

                       Seven Greenwich Office Park
                            599 West Putnam Avenue
                            Greenwich, Connecticut                                                                                      06830
--------------------------------------------------------------       ------------------------------------------------
           (Address of principal executive office)                                                                (Zip Code)


                                 (203) 661-6186
--------------------------------------------------------------------------------
              (Registrant's telephone number, including area code )

                                       N/A
--------------------------------------------------------------------------------
             (Former name or address, if changed since last report)

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

[  _]   Written communication 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))









                    INFORMATION TO BE INCLUDED IN THE REPORT

SECTION 8 - OTHER EVENTS.

ITEM 8.01.         OTHER EVENTS.


         On June 28, 2006, the Registrant, ascaused depositor for the Carrington
Mortgage Loan Trust, Series 2006-FRE1 (the "Trust"), will cause the issuance and
 sale of the Carrington 
Mortgage Loan Trust, Series 2006-FRE1 Asset-Backed
 Pass-Through Certificates, 
Class A-1, Class A-2, Class A-3, Class A-4, Class
 M-1, Class M-2, Class M-3, 
Class M-4, Class M-5, Class M-6, Class M-7, Class
 M-8, Class M-9, Class M-10, 
Class CE, Class P, Class R-I and Class R-II
 Certificates (the "Certificates") 
pursuant to a Pooling and Servicing Agreement
 dated as of June 1, 2006, among 
the Registrant, Fremont Investment & Loan, as
 Servicer, and Wells Fargo Bank, 
N.A., as Trustee.

         Copies ofThe mortgage loans were sold to the opinionsRegistrant pursuant to a
Mortgage Loan Purchase Agreement, dated as of MayerJune 28, Brown2006, Roweamong the
Registrant, Fremont Investment & MawLoan, LLPas withResponsible respectParty, toand Carrington
legalitySecurities, ofLP, theas CertificatesSeller. andTwo withseparate respectCap toContracts certain(the federal"Class taxA matters,Cap
togetherConfirmation" withand relatedthe consents"Class ofB Mayer,Cap BrownConfirmation"), Roweboth &dated MawJune LLP28, to the2006,
incorporationwere byentered referenceinto ofby suchSwiss opinionsRe asFinancial exhibitsProducts toCorporation, as the Registrationcap
Statement,contracts areprovider filedand asWells ExhibitsFargo toBank, thisN.A, Reportas trustee.

ItemSECTION 9.01.  Financial Statements,- ProFINANCIAL FormaSTATEMENTS FinancialAND Information and Exhibits.EXHIBITS
            ------------------------------------------------------------------

               (a)ITEM Not9.01 applicable

               (bC). Not applicableEXHIBITS.

                    (c)   Exhibits: The following areexecution filedcopies asof Exhibits to thisthe Report:Form S-3
          Registration Statement of the Registrant are hereby filed.

Exhibit
Number
-------
5          10.1      Opinion Pooling and Servicing Agreement and the exhibits thereto, dated
               as of MayerJune 1, Brown2006, Roweamong the Registrant, Fremont Investment &
               Loan, Mawas LLPServicer, withand respectWells toFargo legalityBank, N.A., as Trustee.

8          10.1      Opinion2 Mortgage Loan Purchase Agreement, dated as of MayerJune 28, Brown2006,
               among Rowethe &Registrant, MawFremont LLPInvestment with& respectLoan toand certain taxCarrington
         matters               Securities, LP.

23          10.1     Consent3 ofCap MayerContract Confirmation relating to the Class A Certificates,
               dated BrownJune 28, Rowe2006, &between MawSwiss LLPRe (includedFinancial inProducts
               Corporation opinionand filedWells as
         ExhibitFargo 5Bank, N.1)A.

23          10.2     Consent4 ofCap MayerContract Confirmation relating to the Class M Certificates,
               dated BrownJune 28, Rowe2006, &between MawSwiss LLPRe (includedFinancial inProducts
               Corporation opinionand filedWells as
         ExhibitFargo 8Bank, N.1)A.






                                   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 hereunto duly authorized.


                                                                               STANWICH ASSET ACCEPTANCE COMPANY, 
                                        L.L.C.


                                                                               By: /s/ Bruce M. Rose
                                                                                      ------------------------------------
                                                                               Name: Bruce M. Rose
                                                                               Title:    President




Dated:  June 26July 11, 2006









5130594
                                  Exhibit Index
                                  
Exhibit No.   Description
-----------   -----------

EXHIBIT 5    10.1

Opinion      Pooling and Servicing Agreement and the exhibits thereto, dated as
              of MayerJune 1, Brown2006, Roweamong the Registrant, Fremont Investment & MawLoan,
              as LLPServicer, withand respectWells toFargo legalityBank, N.

EXHIBITA., 8as Trustee.1

Opinion    10.2      Mortgage Loan Purchase Agreement, dated as of MayerJune 28, Brown2006, Roweamong
              the &Registrant, MawFremont LLPInvestment with& respectLoan toand certainCarrington
              Securities, tax mattersLP.

EXHIBIT 23    10.13      Cap Contract Confirmation relating to the Class A Certificates,

Consent              dated ofJune Mayer28, Brown2006, Rowebetween &Swiss MawRe LLPFinancial (includedProducts
              Corporation inand opinionWells filedFargo asBank, Exhibit
5N.1)A.

EXHIBIT 23    10.24      Cap Contract Confirmation relating to the Class M Certificates,

Consent              dated ofJune Mayer28, Brown2006, Rowebetween &Swiss MawRe LLPFinancial (includedProducts
              Corporation inand opinionWells filedFargo asBank, Exhibit
8N.1)A.
Filing Compare · Carrington Mortgage Loan Trust, Series 2006-FRE1
