10-D 1 centex06a_dec06.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-D ASSET-BACKED ISSUER DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the monthly distribution period from November 28, 2006 to December 26, 2006 Commission File Number of issuing entity: 333-130642-01 Centex Home Equity Loan Trust 2006-A ------------------------------------------------------------------------------- (Exact name of issuing entity as specified in its charter) Commission File Number of depositor: 333-130642 CHEC Funding, LLC ------------------------------------------------------------------------------- (Exact name of depositor as specified in its charter) Nationstar Mortgage LLC ------------------------------------------------------------------------------- (Exact name of sponsor as specified in its charter) New York -------------- (State or other jurisdiction of incorporation or organization of the issuing entity) 51-0581937, 51-0581933 -------------- (I.R.S. Employer Identification No.) c/o JPMorgan Chase Bank, N.A. Attn: Global Debt Centex Home Equity Loan Trust 2006-A 4 New York Plaza, 6th Floor New York, NY 10004 -------------------------------------- ---------- (Address of principal executive offices Zip Code of the issuing entity) (212) 623-5600 -------------- (Telephone number, including area code) Not Applicable ------------------------ (Former name, former address, if changed since last report) Registered/reporting pursuant to (check one) Section 12(b) Section 12(g) Section 15(d) Name of Exchange (if Section 12(b)) Title of class AV1 [ ] [ ] [ x ] AV2 [ ] [ ] [ x ] AV3 [ ] [ ] [ x ] AV4 [ ] [ ] [ x ] M1 [ ] [ ] [ x ] M2 [ ] [ ] [ x ] M3 [ ] [ ] [ x ] M4 [ ] [ ] [ x ] M5 [ ] [ ] [ x ] M6 [ ] [ ] [ x ] M7 [ ] [ ] [ x ] M8 [ ] [ ] [ x ] M9 [ ] [ ] [ x ] M10 [ ] [ ] [ x ] M11 [ ] [ ] [ x ] Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [x] No [ ] PART I - DISTRIBUTION INFORMATION Item 1. Distribution and Pool Performance Information. On December 26, 2006 a distribution was made to holders of Centex Home Equity Loan Trust 2006-A, Home Equity Loan Asset-Backed Certificates, Series 2006-A. The distribution report is attached as Exhibit 99.1 to this Form 10-D. PART II - OTHER INFORMATION Item 9. Exhibits. (a) The following is a list of documents filed as part of this Report on Form 10-D: Monthly Statement to Certificateholders on December 26, 2006 is filed as Exhibit 99.1 hereto. (b) The exhibits required to be filed by Registrant pursuant to Item 601 of Regulation S-K are listed above and in the Exhibit Index that immediately follows the signature page hereof. 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 thereunto duly authorized. Centex Home Equity Loan Trust 2006-A (Issuing Entity) By: Nationstar Mortgage LLC (Servicer) /s/ Jerry Berrens ------------------------ Jerry Berrens Date: January 2, 2007

EXHIBIT INDEX Exhibit Number Description EX-99.1 Monthly Statement to Certificateholders IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Steven M. Husbands JPMorgan Chase Bank, N.A. - Structured Finance Services 4 New York Plaza 6th Floor, New York, New York 10004 Tel: (212) 623-4496 / Fax: (212) 623-5930 Email: steve.m.husbands@jpmchase.com EXHIBIT 99.1 Centex Home Equity Loan Trust, Series 2006-A ~~October~~December 2526, 2006 ----------------------------------------------------------------------------------------------------------------------------------- DISTRIBUTION IN DOLLARS ----------------------------------------------------------------------------------------------------------------------------------- ORIGINAL BEGINNING ENDING FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSSES INTEREST BALANCE ----------------------------------------------------------------------------------------------------------------------------------- AV1 380,001,000.00 ~~322~~277,~~278~~615,~~683~~808.9712 2322,~~282~~851,~~186~~101.6325 1,~~444~~200,~~882~~919.7772 24,~~727~~052,~~069~~020.4097 0.00 0.00 ~~298~~254,~~996~~764,~~497~~706.3487 AV2 138,465,000.00 138,465,000.00 0.00 ~~626~~604,~~554~~553.1357 ~~626~~604,~~554~~553.1357 0.00 0.00 138,465,000.00 AV3 182,132,000.00 182,132,000.00 0.00 ~~833~~804,~~253~~011.9060 ~~833~~804,~~253~~011.9060 0.00 0.00 182,132,000.00 AV4 94,902,000.00 94,902,000.00 0.00 ~~441~~425,~~294~~820.3000 ~~441~~425,~~294~~820.3000 0.00 0.00 94,902,000.00 M1 35,500,000.00 35,500,000.00 0.00 ~~166~~160,~~554~~716.1739 ~~166~~160,~~554~~716.1739 0.00 0.00 35,500,000.00 M2 32,500,000.00 32,500,000.00 0.00 ~~153~~147,~~020~~658.8333 ~~153~~147,~~020~~658.8333 0.00 0.00 32,500,000.00 M3 18,500,000.00 18,500,000.00 0.00 8784,~~258~~200.3369 8784,~~258~~200.3369 0.00 0.00 18,500,000.00 M4 17,000,000.00 17,000,000.00 0.00 8077,~~750~~921.0039 8077,~~750~~921.0039 0.00 0.00 17,000,000.00 M5 16,000,000.00 16,000,000.00 0.00 7673,~~133~~466.3367 7673,~~133~~466.3367 0.00 0.00 16,000,000.00 M6 14,500,000.00 14,500,000.00 0.00 7067,~~325~~864.0003 7067,~~325~~864.0003 0.00 0.00 14,500,000.00 M7 13,000,000.00 13,000,000.00 0.00 6764,~~275~~927.0078 6764,~~275~~927.0078 0.00 0.00 13,000,000.00 M8 12,500,000.00 12,500,000.00 0.00 6664,~~979~~645.1783 6664,~~979~~645.1783 0.00 0.00 12,500,000.00 M9 8,500,000.00 8,500,000.00 0.00 5149,~~354~~573.1789 5149,~~354~~573.1789 0.00 0.00 8,500,000.00 M10 6,500,000.00 6,500,000.00 0.00 4240,~~412~~946.5039 4240,~~412~~946.5039 0.00 0.00 6,500,000.00 M11 10,000,000.00 10,000,000.00 0.00 6562,~~250~~994.0044 6562,~~250~~994.0044 0.00 0.00 10,000,000.00 R 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 ----------------------------------------------------------------------------------------------------------------------------------- TOTALS 980,000,000.00 ~~922~~877,~~277~~614,~~683~~808.9712 2322,~~282~~851,~~186~~101.6325 43,~~273~~930,~~297~~220.6072 2726,~~555~~781,~~484~~321.2397 0.00 0.00 ~~898~~854,~~995~~763,~~497~~706.3487 ----------------------------------------------------------------------------------------------------------------------------------- XIO 980,000,000.00 ~~942~~897,~~288~~625,~~060~~184.0722 0.00 1,~~877~~867,~~220~~756.3588 1,~~877~~867,~~220~~756.3588 0.00 0.00 ~~919~~874,~~005~~774,~~873~~082.4497 P 0.00 0.00 0.00 ~~374~~384,~~619~~739.8603 ~~374~~384,~~619~~739.8603 0.00 0.00 0.00 ----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- FACTOR INFORMATION PER $1,000 OF ORIGINAL FACE ----------------------------------------------------------------------------------------------------------------------------------- CURRENT BEGINNING ENDING PASS-THROUGH CLASS CUSIP PRINCIPAL PRINCIPAL INTEREST TOTAL PRINCIPAL RATE ----------------------------------------------------------------------------------------------------------------------------------- AV1 15231AAA4 ~~848~~730.~~09956808~~56599356 6160.~~26875095~~13431873 3.~~80231307~~16030674 6563.~~07106402~~29462546 ~~786~~670.~~83081713~~43167484 5.~~380000~~370000 % AV2 15231AAB2 1,000.00000000 0.00000000 4.~~52500004~~36611108 4.~~52500004~~36611108 1,000.00000000 5.~~430000~~420000 % AV3 15231AAC0 1,000.00000000 0.00000000 4.~~57500000~~41444447 4.~~57500000~~41444447 1,000.00000000 5.~~490000~~480000 % AV4 15231AAD8 1,000.00000000 0.00000000 4.~~65000000~~48694443 4.~~65000000~~48694443 1,000.00000000 5.~~580000~~570000 % M1 15231AAE6 1,000.00000000 0.00000000 4.~~69166676~~52722225 4.~~69166676~~52722225 1,000.00000000 5.~~630000~~620000 % M2 15231AAF3 1,000.00000000 0.00000000 4.~~70833323~~54333323 4.~~70833323~~54333323 1,000.00000000 5.~~650000~~640000 % M3 15231AAG1 1,000.00000000 0.00000000 4.~~71666649~~55138865 4.~~71666649~~55138865 1,000.00000000 5.~~660000~~650000 % M4 15231AAH9 1,000.00000000 0.00000000 4.~~75000000~~58361118 4.~~75000000~~58361118 1,000.00000000 5.~~700000~~690000 % M5 15231AAJ5 1,000.00000000 0.00000000 4.~~75833313~~59166688 4.~~75833313~~59166688 1,000.00000000 5.~~710000~~700000 % M6 15231AAK2 1,000.00000000 0.00000000 4.~~85000000~~68027793 4.~~85000000~~68027793 1,000.00000000 5.~~820000~~810000 % M7 15231AAL0 1,000.00000000 0.00000000 54.~~17500000~~99444462 54.~~17500000~~99444462 1,000.00000000 6.~~210000~~200000 % M8 15231AAM8 1,000.00000000 0.00000000 5.~~35833360~~17166640 5.~~35833360~~17166640 1,000.00000000 6.~~430000~~420000 % M9 15231AAN6 1,000.00000000 0.00000000 65.~~04166706~~83222235 65.~~04166706~~83222235 1,000.00000000 7.~~250000~~240000 % M10 15231AAP1 1,000.00000000 0.00000000 6.~~52500000~~29944462 6.~~52500000~~29944462 1,000.00000000 7.~~830000~~803582 % M11 15231AAQ9 1,000.00000000 0.00000000 6.~~52500000~~29944400 6.~~52500000~~29944400 1,000.00000000 7.~~830000~~803582 % ----------------------------------------------------------------------------------------------------------------------------------- TOTALS ~~941~~895.~~09967752~~52531441 23.~~75733330~~31745026 4.~~36050776~~01042931 2827.~~11784105~~32787956 ~~917~~872.~~34234422~~20786415 ----------------------------------------------------------------------------------------------------------------------------------- XIO N/A ~~961~~915.~~51842864~~94406553 0.00000000 1.~~91553097~~90587437 1.~~91553097~~90587437 ~~937~~892.~~76109535~~62661528 0.000000 % ----------------------------------------------------------------------------------------------------------------------------------- Centex Home Equity Loan Trust, Series 2006-A ~~October~~December 2526, 2006 Distributions Allocable to Principal Scheduled Monthly Payments ~~561~~523,~~370~~586.4853 Curtailments ~~315~~96,~~919~~354.1374 Prepayments in Full 22,~~404~~199,~~897~~239.0298 Loans Repurchased by Seller 0.00 Substitution Amounts 0.00 Net Liquidation Proceeds 0.00 Prepayment Penalty Amount 384,739.03 Number Of Loans With Prepayment Penalties 79.00 Balance Of Loans With Prepayment Penalties 12,919,829.82 Beginning Aggregate Loan Balance 897,625,184.23 Ending Aggregate Loan Balance 874,774,082.98 Overcollateralization Amount 20,010,376.11 Required Overcollateralization Amount 20,010,376.11 Subordination Increase Amount 031,920.00 Excess Overcollateralization Amount 0.00 Class Interest Carryover Shortfall Class AV1 0.00 ~~0.00~~ Class AV2 0.00 ~~0.00~~ Class AV3 0.00 ~~0.00~~ Class AV4 0.00 ~~0.00~~ Class M1 0.00 ~~0.00~~ Class M2 0.00 ~~0.00~~ Class M3 0.00 ~~0.00~~ Class M4 0.00 ~~0.00~~ Class M5 0.00 ~~0.00~~ Class M6 0.00 ~~0.00~~ Class M7 0.00 ~~0.00~~ Class M8 0.00 ~~0.00~~ Class M9 0.00 ~~0.00~~ Class M10 0.00 ~~0.00~~ Class M11 0.00 ~~0.00~~ Class Principal Carryover Shortfall Subordinate Certificates Class M1 0.00 0.00 Class M2 0.00 0.00 Class M3 0.00 0.00 Class M4 0.00 0.00 Class M5 0.00 0.00 Class M6 0.00 0.00 Class ~~M10~~M7 0.00 0.00 Class M9M8 0.00 0.00 Class M8M9 0.00 0.00 Class ~~M11~~M10 0.00 0.00 Class M7M11 0.00 0.00 ~~Beginning~~Substitution ~~Aggregate~~Amounts ~~Loan Balance 942,288,060~~0.0800 ~~Ending Aggregate~~ Loan Balance 919,005,873.45 Overcollateralization Amount 20,010,376.11 Required Overcollateralization Amount 20,010,376.11 Internal Revenue Code Section 6049(d)(7)(C) Market Discount Information Substitution Amounts Loan Purchase Price Amounts 0.00 Weighted Average Net Coupon Rate 7.~~8301~~8037% Monthly Remittance Amount 2928,~~431~~657,~~731~~477.3786 Weighted Average Gross Margin 05.~~0000~~5831% Largest Loan Balance 01,156,311.0049 Basic Principal Amount 2322,~~282~~819,~~186~~181.6325 Net Wac Cap Carryover Paid 0218.0022 Remaining Net Wac Cap Carryover 0.00 Net Wac Cap 7.8380% Applied Realized Loss Amounts Subordinate Certificates Class M1 0.00 ~~0.00~~ Class M2 0.00 ~~0.00~~ Class M3 0.00 ~~0.00~~ Class M4 0.00 ~~0.00~~ Class M5 0.00 ~~0.00~~ Class M6 0.00 ~~0.00~~ Class M7 0.00 ~~0.00~~ Class M8 0.00 ~~0.00~~ Class M10 0.00 ~~0.00~~ Class ~~M11~~M9 0.00 ~~0.00~~ Class M9M11 0.00 ~~0.00~~ Sec. 7.09(xx) Stepdown Date Has Not Occurred ~~Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency~~ Group Totals Category Number Principal Balance Percentage 1 Month ~~206~~240 2833,~~024~~209,~~374~~766.6046 3.05 80% 2 Month 6273 710,~~981~~097,~~958~~054.6772 01.87 15% 3 Month 816 12,~~836~~318,~~713~~325.9647 0.20 27% Total ~~276~~329 3745,~~843~~625,~~047~~146.2365 45.12 22% ~~Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure~~ Group Totals Number Principal Balance Percentage 64121 817,~~786~~508,~~656~~259.9741 02.9600% ~~Number and Aggregate Principal Amounts of Mortgage Loans in Bankruptcy~~ Group Totals Number Principal Balance Percentage 15 1,~~588~~861,~~474~~461.7372 0.1721% Balloon Loans Number of Balloon Loans ~~527~~141.00 Balance of Balloon Loans ~~125~~27,~~412~~533,~~898~~619.3031 ~~Number and Aggregate Principal Amounts of REO Loans~~ Group Totals Number Principal Balance Percentage 39 ~~583~~1,~~515~~529,511.7985 0.0617 % Book Value of REO Loans 01,643,802.0073 Realized Losses Monthly Realized Losses 031,920.00 Cumulative Realized Losses 031,920.00 Net Liquidation Proceeds 0.00 60+ Delinquency Percentage (Rolling Three Month) 12.~~4219~~8032% Cumulative Loss Percentage 0.00% Cumulative Realized Losses Since Cut-Off Date 031,920.00 Aggregate Loan Balance as of the Cut-Off Date 01,000,518,805.0038 Sec. 7.09(b)(x) Has a Trigger Event Occurred? NO 1-Month LIBOR for Current Distribution Date 5.~~33000~~32000% Swap ~~Receipt~~Payment 15,~~930~~340.6269 Copyright 2005 J.P.Morgan Chase & Co. All rights reserved.

Filing Compare · Centex Home Equity Loan Trust 2006-A