10-D 1 dsl07ar1_10d-200706.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: May 2, 2007 to June 1, 2007 Commission File Number of issuing entity: 333-130961-36 DSLA Mortgage Loan Trust 2007-AR1 (Exact name of issuing entity as specified in its charter) Commission File Number of depositor: 333-130961 Greenwich Capital Acceptance, Inc. (Exact name of depositor as specified in its charter) Greenwich Capital Financial Products, Inc. (Exact name of sponsor as specified in its charter) New York (State or other jurisdiction of incorporation or organization of the issuing entity) 54-2199150 54-2199151 54-2199152 (I.R.S. Employer Identification No.) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices of the issuing entity) (Zip Code) (410) 884-2000 (Telephone number, including area code) Not Applicable (Former name, former address, if changed since last report) Registered/reporting pursuant to (check one) Title of Section Section Section Name of Exchange Class 12(b) 12(g) 15(d) (If Section 12(b)) 1A-1A _____ _____ __X___ ____________ 1A-1B _____ _____ __X___ ____________ 2A-1A _____ _____ __X___ ____________ 2A-1B _____ _____ __X___ ____________ 2A-1C _____ _____ __X___ ____________ M-1 _____ _____ __X___ ____________ M-2 _____ _____ __X___ ____________ M-3 _____ _____ __X___ ____________ M-4 _____ _____ __X___ ____________ M-5 _____ _____ __X___ ____________ M-6 _____ _____ __X___ ____________ M-7 _____ _____ __X___ ____________ M-8 _____ _____ __X___ ____________ M-9 _____ _____ __X___ ____________ C _____ _____ __X___ ____________ P _____ _____ __X___ ____________ R _____ _____ __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 June 19, 2007 a distribution was made to holders of DSLA Mortgage Loan Trust 2007-AR1. The distribution report is attached as an Exhibit to this Form 10-D. Please see Item 9(b), Exhibit 99.1 for the related information. 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: (99.1) Monthly report distributed to holders of DSLA Mortgage Loan Trust 2007-AR1, relating to the June 19, 2007 distribution. (b) The exhibits required to be filed by the Registrant pursuant to this Form 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. DSLA Mortgage Loan Trust 2007-AR1 (Issuing Entity) Wells Fargo Bank, N.A. (Master Servicer) /s/ Kelly Rentz Kelly Rentz, Officer Date: June 26, 2007 EXHIBIT INDEX Exhibit Number Description EX-99.1 Monthly report distributed to holders of DSLA Mortgage Loan Trust 2007-AR1, relating to the June 19, 2007 distribution. EX-99.1 Downey Savings and Loan Association Mortgage Loan Pass-Through Certificates Distribution Date: 6/19/2007 Downey Savings and Loan Association Mortgage Loan Pass-Through Certificates Series 2007-AR1 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 www.ctslink.com Telephone: (301) 815-6600 Fax: (301) 815-6660

Certificateholder Distribution Summary Class CUSIP Record Certificate Beginning Interest Date Pass-Through Certificate Distribution Rate Balance 1A-1A 23333YAA3 0506/18/2007 5.46000% ~~162~~159,~~509~~183,~~831~~972.2387 ~~788~~700,~~714~~144.3818 1A-1B 23333YAB1 0506/18/2007 5.46000% ~~108~~106,~~340~~122,~~208~~963.9547 ~~525~~466,~~811~~764.1517 2A-1A 23333YAC9 0506/18/2007 5.46000% ~~263~~260,~~309~~620,~~428~~947.9782 1,~~277~~146,~~928~~297.4381 2A-1B 23333YAD7 0506/18/2007 5.50000% ~~109~~108,~~712~~592,~~507~~304.3941 ~~536~~481,~~372~~124.2624 2A-1C 23333YAE5 0506/18/2007 5.46000% 65,~~827~~154,~~111~~994.9214 ~~319~~286,~~480~~573.9238 M-1 23333YAF2 0506/18/2007 5.63000% 14,377,000.00 7165,~~948~~203.9069 M-2 23333YAG0 0506/18/2007 5.69000% 15,576,000.00 7871,~~779~~394.9533 M-3 23333YAH8 0506/18/2007 5.72000% 4,792,000.00 2422,~~364~~080.6647 M-4 23333YAJ4 0506/18/2007 5.80000% 9,585,000.00 4944,~~416~~783.0025 M-5 23333YAK1 0506/18/2007 5.86000% 5,592,000.00 2926,~~128~~397.1135 M-6 23333YAL9 0506/18/2007 5.90000% 3,993,000.00 2018,~~941~~977.0784 M-7 23333YAM7 0506/18/2007 6.27000% 4,793,000.00 2624,~~712~~208.9964 M-8 23333YAN5 0506/18/2007 6.62000% 3,994,000.00 2321,~~502~~299.4711 M-9 23333YAP0 0506/18/2007 7.07000% 3,993,000.00 2522,~~093~~741.7924 C DSLAMO07AR1C 0405/3031/2007 0.00000% 3,993,758.61 1,~~179~~523,~~626~~637.0932 P DSLAMO07AR1P 0405/3031/2007 0.00000% 100.00 282,~~426~~765.1293 R DSLAMO07AR1R 0405/3031/2007 0.00000% 0.00 0.00 Totals ~~780~~770,~~387~~364,~~947~~041.0732 5,~~260~~204,~~247~~392.2995

Certificateholder Distribution Summary (continued) Class Principal Current Ending Total Cumulative Distribution Realized Certificate Distribution Realized Loss Balance Losses 1A-1A 3,~~325~~306,~~858~~454.3691 0.00 ~~159~~155,~~183~~877,~~972~~517.8796 4,~~114~~006,~~572~~599.7409 0.00 1A-1B 2,~~217~~204,~~245~~309.4981 0.00 ~~106~~103,~~122~~918,~~963~~653.4765 2,~~743~~671,~~056~~073.6498 0.00 2A-1A 24,~~688~~457,~~481~~442.1510 0.00 ~~260~~256,~~620~~163,~~947~~505.8272 35,~~966~~603,~~409~~739.5891 0.00 2A-1B 1,~~120~~857,~~202~~271.9869 0.00 ~~108~~106,~~592~~735,~~304~~032.4172 12,~~656~~338,~~575~~395.2493 0.00 2A-1C ~~672~~1,~~117~~114,356.7837 0.00 6564,~~154~~040,~~994~~637.1477 ~~991~~1,~~598~~400,929.7075 0.00 M-1 0.00 0.00 14,377,000.00 7165,~~948~~203.9069 0.00 M-2 0.00 0.00 15,576,000.00 7871,~~779~~394.9533 0.00 M-3 0.00 0.00 4,792,000.00 2422,~~364~~080.6647 0.00 M-4 0.00 0.00 9,585,000.00 4944,~~416~~783.0025 0.00 M-5 0.00 0.00 5,592,000.00 2926,~~128~~397.1135 0.00 M-6 0.00 0.00 3,993,000.00 2018,~~941~~977.0784 0.00 M-7 0.00 0.00 4,793,000.00 2624,~~712~~208.9964 0.00 M-8 0.00 0.00 3,994,000.00 2321,~~502~~299.4711 0.00 M-9 0.00 0.00 3,993,000.00 2522,~~093~~741.7924 0.00 C 0.00 0.00 3,993,758.61 1,~~179~~523,~~626~~637.0932 0.00 P 0.00 0.00 100.00 282,~~426~~765.1293 0.00 R 0.00 0.00 0.00 0.00 0.00 Totals 1012,~~023~~939,~~905~~834.7688 0.00 ~~770~~757,~~364~~424,~~041~~206.3243 1518,~~284~~144,~~153~~227.0583 0.00 As Master Servicer, Wells Fargo Bank, N.A. has independently calculated collateral information based on loan level data received from external parties, which may include the Servicers, Issuer and other parties to the transaction. Wells Fargo Bank, N.A. expressly disclaims any responsibility for the accuracy or completeness of information furnished to it by those third parties. All Record Dates are based upon the governing documents and logic set forth as of closing.

Principal Distribution Statement Class Original Beginning Scheduled UnScheduled Accretion ~~Realized~~ Face Certificate Principal Principal ~~Loss~~ Amount Balance Distribution Distribution 1A-1A 168,508,000.00 ~~162~~159,~~509~~183,~~831~~972.2387 0.00 3,~~325~~306,~~858~~454.3691 0.00 ~~0.00~~ 1A-1B 112,339,000.00 ~~108~~106,~~340~~122,~~208~~963.9547 0.00 2,~~217~~204,~~245~~309.4981 0.00 ~~0.00~~ 2A-1A 268,329,000.00 ~~263~~260,~~309~~620,~~428~~947.9782 0.00 24,~~688~~457,~~481~~442.1510 0.00 ~~0.00~~ 2A-1B 111,804,000.00 ~~109~~108,~~712~~592,~~507~~304.3941 0.00 1,~~120~~857,~~202~~271.9869 0.00 ~~0.00~~ 2A-1C 67,082,000.00 65,~~827~~154,~~111~~994.9214 0.00 ~~672~~1,~~117~~114,356.7837 0.00 ~~0.00~~ M-1 14,377,000.00 14,377,000.00 0.00 0.00 0.00 ~~0.00~~ M-2 15,576,000.00 15,576,000.00 0.00 0.00 0.00 ~~0.00~~ M-3 4,792,000.00 4,792,000.00 0.00 0.00 0.00 ~~0.00~~ M-4 9,585,000.00 9,585,000.00 0.00 0.00 0.00 ~~0.00~~ M-5 5,592,000.00 5,592,000.00 0.00 0.00 0.00 ~~0.00~~ M-6 3,993,000.00 3,993,000.00 0.00 0.00 0.00 ~~0.00~~ M-7 4,793,000.00 4,793,000.00 0.00 0.00 0.00 ~~0.00~~ M-8 3,994,000.00 3,994,000.00 0.00 0.00 0.00 ~~0.00~~ M-9 3,993,000.00 3,993,000.00 0.00 0.00 0.00 ~~0.00~~ C 3,994,621.17 3,993,758.61 0.00 0.00 0.00 ~~0.00~~ P 100.00 100.00 0.00 0.00 0.00 ~~0.00~~ R 0.00 0.00 0.00 0.00 0.00 ~~0.00~~ Totals 798,751,721.17 ~~780~~770,~~387~~364,~~947~~041.0732 0.00 1012,~~023~~939,~~905~~834.7688 0.00 ~~0.00~~

Principal Distribution Statement (continued) Class Realized Total Ending Ending Total Loss Principal Certificate Certificate Principal Reduction Balance Percentage Distribution 1A-1A 0.00 3,~~325~~306,~~858~~454.3691 ~~159~~155,~~183~~877,~~972~~517.8796 0.~~94466715~~92504521 3,~~325~~306,~~858~~454.3691 1A-1B 0.00 2,~~217~~204,~~245~~309.4981 ~~106~~103,~~122~~918,~~963~~653.4765 0.~~94466715~~92504521 2,~~217~~204,~~245~~309.4981 2A-1A 20.00 4,~~688~~457,~~481~~442.1510 ~~260~~256,~~620~~163,~~947~~505.8272 0.~~97127388~~95466202 24,~~688~~457,~~481~~442.1510 2A-1B 0.00 1,~~120~~857,~~202~~271.9869 ~~108~~106,~~592~~735,~~304~~032.4172 0.~~97127388~~95466202 1,~~120~~857,~~202~~271.9869 2A-1C ~~672~~0.00 1,~~117~~114,356.7837 6564,~~154~~040,~~994~~637.1477 0.~~97127388~~95466202 ~~672~~1,~~117~~114,356.7837 M-1 0.00 0.00 14,377,000.00 1.00000000 0.00 M-2 0.00 0.00 15,576,000.00 1.00000000 0.00 M-3 0.00 0.00 4,792,000.00 1.00000000 0.00 M-4 0.00 0.00 9,585,000.00 1.00000000 0.00 M-5 0.00 0.00 5,592,000.00 1.00000000 0.00 M-6 0.00 0.00 3,993,000.00 1.00000000 0.00 M-7 0.00 0.00 4,793,000.00 1.00000000 0.00 M-8 0.00 0.00 3,994,000.00 1.00000000 0.00 M-9 0.00 0.00 3,993,000.00 1.00000000 0.00 C 0.00 0.00 3,993,758.61 0.99978407 0.00 P 0.00 0.00 100.00 1.00000000 0.00 R 0.00 0.00 0.00 0.00000000 0.00 Totals 10$0.00 12,~~023~~939,~~905~~834.7688 ~~770~~757,~~364~~424,~~041~~206.3243 0.~~96445995~~94825987 1012,~~023~~939,~~905~~834.7688

Principal Distribution Factors Statement Class Original Beginning Scheduled UnScheduled Accretion Face Certificate Principal Principal Amount Balance Distribution Distribution 1A-1A 168,508,000.00 ~~964~~944.~~40424923~~66715450 0.00000000 19.~~73709474~~62194620 0.00000000 1A-1B 112,339,000.00 ~~964~~944.~~40424919~~66715451 0.00000000 19.~~73709478~~62194616 0.00000000 2A-1A 268,329,000.00 ~~981~~971.~~29322201~~27387580 0.00000000 1016.~~01934621~~61185373 0.00000000 2A-1B 111,804,000.00 ~~981~~971.~~29322198~~27387580 0.00000000 1016.~~01934618~~61185369 0.00000000 2A-1C 67,082,000.00 ~~981~~971.~~29322203~~27387585 0.00000000 1016.~~01934617~~61185370 0.00000000 M-1 14,377,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 15,576,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 4,792,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-4 9,585,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-5 5,592,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-6 3,993,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-7 4,793,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-8 3,994,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-9 3,993,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 C 3,994,621.17 999.78406964 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000000 0.00000000 0.00000000 0.00000000

Principal Distribution Factors Statement (continued) Class Realized Total Ending Ending Total Loss Principal Certificate Certificate Principal Reduction Balance Percentage Distribution 1A-1A 0.00000000 19.~~73709474~~62194620 ~~944~~925.~~66715450~~04520830 0.~~94466715~~92504521 19.~~73709474~~62194620 1A-1B 0.00000000 19.~~73709478~~62194616 ~~944~~925.~~66715451~~04520825 0.~~94466715~~92504521 19.~~73709478~~62194616 2A-1A 0.00000000 1016.~~01934621~~61185373 ~~971~~954.~~27387580~~66202207 0.~~97127388~~95466202 1016.~~01934621~~61185373 2A-1B 0.00000000 1016.~~01934618~~61185369 ~~971~~954.~~27387580~~66202211 0.~~97127388~~95466202 1016.~~01934618~~61185369 2A-1C 0.00000000 1016.~~01934617~~61185370 ~~971~~954.~~27387585~~66202215 0.~~97127388~~95466202 1016.~~01934617~~61185370 M-1 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-2 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-3 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-4 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-5 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-6 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-7 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-8 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 M-9 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 C 0.00000000 0.00000000 999.78406964 0.99978407 0.00000000 P 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 NOTE: All classes per $1,000 denomination.

Interest Distribution Statement Class Accrual Accrual Current Beginning Current Payment of Dates Days Certificate Certificate/ Accrued Unpaid Interest Rate Notional Interest Shortfall (1) Balance 1A-1A 0405/1921/07 - 0506/2018/07 3229 5.46000% ~~162~~159,~~509~~183,~~831~~972.2387 ~~788~~700,~~714~~144.3817 0.00 1A-1B 0405/1921/07 - 0506/2018/07 3229 5.46000% ~~108~~106,~~340~~122,~~208~~963.9547 ~~525~~466,~~811~~764.1517 0.00 2A-1A 0405/1921/07 - 0506/2018/07 3229 5.46000% ~~263~~260,~~309~~620,~~428~~947.9782 1,~~277~~146,~~928~~297.4380 0.00 2A-1B 0405/1921/07 - 0506/2018/07 3229 5.50000% ~~109~~108,~~712~~592,~~507~~304.3941 ~~536~~481,~~372~~124.2624 0.00 2A-1C 0405/1921/07 - 0506/2018/07 3229 5.46000% 65,~~827~~154,~~111~~994.9214 ~~319~~286,~~480~~573.9238 0.00 M-1 0405/1921/07 - 0506/2018/07 3229 5.63000% 14,377,000.00 7165,~~948~~203.9069 0.00 M-2 0405/1921/07 - 0506/2018/07 3229 5.69000% 15,576,000.00 7871,~~779~~394.9533 0.00 M-3 0405/1921/07 - 0506/2018/07 3229 5.72000% 4,792,000.00 2422,~~364~~080.6647 0.00 M-4 0405/1921/07 - 0506/2018/07 3229 5.80000% 9,585,000.00 4944,~~416~~783.0025 0.00 M-5 0405/1921/07 - 0506/2018/07 3229 5.86000% 5,592,000.00 2926,~~128~~397.1135 0.00 M-6 0405/1921/07 - 0506/2018/07 3229 5.90000% 3,993,000.00 2018,~~941~~977.0784 0.00 M-7 0405/1921/07 - 0506/2018/07 3229 6.27000% 4,793,000.00 2624,~~712~~208.9964 0.00 M-8 0405/1921/07 - 0506/2018/07 3229 6.62000% 3,994,000.00 2321,~~502~~299.4711 0.00 M-9 0405/1921/07 - 0506/2018/07 3229 7.07000% 3,993,000.00 2522,~~093~~741.7924 0.00 C N/A N/A 0.00000% ~~780~~770,~~387~~364,~~947~~041.0731 0.00 0.00 P N/A N/A 0.00000% 100.00 0.00 0.00 R N/A N/A 0.00000% 0.00 0.00 0.00 Totals 3,~~798~~397,~~195~~989.0868 0.00

Interest Distribution Statement (continued) Class Current Non-Supported Total Remaining Ending Interest Interest Interest Unpaid Interest Certificate/ Shortfall(1) Shortfall Distribution Shortfall(1) Notional Balance 1A-1A 0.00 0.00 ~~788~~700,~~714~~144.3818 0.00 ~~159~~155,~~183~~877,~~972~~517.8796 1A-1B 0.00 0.00 ~~525~~466,~~811~~764.1517 0.00 ~~106~~103,~~122~~918,~~963~~653.4765 2A-1A 0.00 (0.0001) 1,~~277~~146,~~928~~297.4381 0.00 ~~260~~256,~~620~~163,~~947~~505.8272 2A-1B 0.00 0.00 ~~536~~481,~~372~~124.2624 0.00 ~~108~~106,~~592~~735,~~304~~032.4172 2A-1C 0.00 0.00 ~~319~~286,~~480~~573.9238 0.00 6564,~~154~~040,~~994~~637.1477 M-1 0.00 0.00 7165,~~948~~203.9069 0.00 14,377,000.00 M-2 0.00 0.00 7871,~~779~~394.9533 0.00 15,576,000.00 M-3 0.00 0.00 2422,~~364~~080.6647 0.00 4,792,000.00 M-4 0.00 0.00 4944,~~416~~783.0025 0.00 9,585,000.00 M-5 0.00 0.00 2926,~~128~~397.1135 0.00 5,592,000.00 M-6 0.00 0.00 2018,~~941~~977.0784 0.00 3,993,000.00 M-7 0.00 0.00 2624,~~712~~208.9964 0.00 4,793,000.00 M-8 0.00 0.00 2321,~~502~~299.4711 0.00 3,994,000.00 M-9 0.00 0.00 2522,~~093~~741.7924 0.00 3,993,000.00 C 0.00 0.00 1,~~179~~523,~~626~~637.0932 0.00 ~~770~~757,~~364~~424,~~041~~206.3143 P 0.00 0.00 282,~~426~~765.1293 0.00 100.00 R 0.00 0.00 0.00 0.00 0.00 Totals 0.00 (0.0001) 5,~~260~~204,~~247~~392.2995 0.00 (1) Amount also includes Coupon Cap or Basis Risk Shortfalls, if applicable.

Interest Distribution Factors Statement Class Original Current Beginning Current Payment of Face Certificate Certificate/ Accrued Unpaid Interest Amount Rate Notional Interest Shortfall (1) Balance 1A-1A 168,508,000.00 5.46000% ~~964~~944.~~40424923~~66715450 4.~~68057528~~15496101 0.00000000 1A-1B 112,339,000.00 5.46000% ~~964~~944.~~40424919~~66715451 4.~~68057531~~15496106 0.00000000 2A-1A 268,329,000.00 5.46000% ~~981~~971.~~29322201~~27387580 4.~~76254311~~27198626 0.00000000 2A-1B 111,804,000.00 5.50000% ~~981~~971.~~29322198~~27387580 4.~~79743354~~30328289 0.00000000 2A-1C 67,082,000.00 5.46000% ~~981~~971.~~29322203~~27387585 4.~~76254316~~27198623 0.00000000 M-1 14,377,000.00 5.63000% 1000.00000000 54.~~00444460~~53527787 0.00000000 M-2 15,576,000.00 5.69000% 1000.00000000 54.~~05777799~~58361133 0.00000000 M-3 4,792,000.00 5.72000% 1000.00000000 54.~~08444491~~60777755 0.00000000 M-4 9,585,000.00 5.80000% 1000.00000000 54.~~15555556~~67222222 0.00000000 M-5 5,592,000.00 5.86000% 1000.00000000 54.~~20888948~~72055615 0.00000000 M-6 3,993,000.00 5.90000% 1000.00000000 54.~~24444528~~75277736 0.00000000 M-7 4,793,000.00 6.27000% 1000.00000000 5.~~57333403~~05083246 0.00000000 M-8 3,994,000.00 6.62000% 1000.00000000 5.~~88444417~~33277666 0.00000000 M-9 3,993,000.00 7.07000% 1000.00000000 65.~~28444528~~69527673 0.00000000 C 3,994,621.17 0.00000% ~~195359~~192850.~~68840570~~33762288 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 R 0.00 0.00000% 0.00000000 0.00000000 0.00000000

Interest Distribution Factors Statement (continued) Class Current Non-Supported Total Remaining Unpaid Ending Interest Interest Interest Interest Certificate/ Shortfall(1) Shortfall Distribution Shortfall(1) Notional Balance 1A-1A 0.00000000 0.00000000 4.~~68057528~~15496107 0.00000000 ~~944~~925.~~66715450~~04520830 1A-1B 0.00000000 0.00000000 4.~~68057531~~15496106 0.00000000 ~~944~~925.~~66715451~~04520825 2A-1A 0.00000000 (0.~~00000000~~00000004) 4.~~76254311~~27198629 0.00000000 ~~971~~954.~~27387580~~66202207 2A-1B 0.00000000 0.00000000 4.~~79743354~~30328289 0.00000000 ~~971~~954.~~27387580~~66202211 2A-1C 0.00000000 0.00000000 4.~~76254316~~27198623 0.00000000 ~~971~~954.~~27387585~~66202215 M-1 0.00000000 0.00000000 54.~~00444460~~53527787 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 54.~~05777799~~58361133 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 54.~~08444491~~60777755 0.00000000 1000.00000000 M-4 0.00000000 0.00000000 54.~~15555556~~67222222 0.00000000 1000.00000000 M-5 0.00000000 0.00000000 54.~~20888948~~72055615 0.00000000 1000.00000000 M-6 0.00000000 0.00000000 54.~~24444528~~75277736 0.00000000 1000.00000000 M-7 0.00000000 0.00000000 5.~~57333403~~05083246 0.00000000 1000.00000000 M-8 0.00000000 0.00000000 5.~~88444417~~33277666 0.00000000 1000.00000000 M-9 0.00000000 0.00000000 65.~~28444528~~69527673 0.00000000 1000.00000000 C 0.00000000 0.00000000 ~~295~~381.~~30361949~~42223134 0.00000000 ~~192850~~189611.~~33762288~~02297217 P 0.00000000 0.00000000 ~~2824261~~2827659.~~20000000~~30000000 0.00000000 1000.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (1) Amount also includes Coupon Cap or Basis Risk Shortfalls, if applicable. NOTE: All classes per $1,000 denomination.

Certificateholder Account Statement CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 1518,~~258~~118,~~183~~472.4027 Reserve Funds and Credit Enhancements 0.00 Proceeds from Repurchased Loans 0.00 Servicer Advances 2833,~~887~~325.4360 Gains & Subsequent Recoveries (Realized Losses) 0.00 Prepayment Penalties 282,~~426~~765.1293 Total Deposits 1518,~~569~~434,~~496~~563.9580 Withdrawals Reserve Funds and Credit Enhancements 0.00 Reimbursement for Servicer Advances 1928,~~437~~887.9043 Total Administration Fees ~~265~~261,~~906~~448.0054 Payment of Interest and Principal 1518,~~284~~144,~~153~~227.0583 Total Withdrawals (Pool Distribution Amount) 1518,~~569~~434,~~496~~563.9580 Ending Balance 0.00 Servicer Advances are calculated as delinquent scheduled principal and interest.

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall (0.0001) Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall (0.0001)

ADMINISTRATION FEES Gross Servicing Fee* ~~243~~240,~~696~~564.4401 Class 1A-1B Insurance Premium - Ambac Assurance Co. 65,~~741~~984.1716 Class 2A-1C Insurance Premium - Ambac Assurance Co. 43,~~095~~674.9102 Credit Risk Manager Fee - Clayton Fixed Income Services 3,~~249~~207.2756 Master Servicing Fee - Wells Fargo Bank, N.A. 8,~~123~~018.2180 Supported Prepayment/Curtailment Interest Shortfall 0.00 Total Administration Fees ~~265~~261,~~906~~448.0054 *Servicer Payees include: DOWNEY SAVINGS AND LOAN ASSOCIATION

Collateral Statement Group 1 2 Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 8.~~119756~~130163 8.~~037660~~048550 Weighted Average Net Rate 7.~~744756~~755163 7.~~662660~~673550 Weighted Average Pass-Through Rate 7.~~727256~~737663 7.~~645160~~656050 Weighted Average Remaining Term ~~395~~394 ~~405~~404 Principal And Interest Constant 1983,~~004,973~~200.9143 1,~~569~~549,~~997~~942.8005 Beginning Loan Count 1,~~035~~014 ~~931~~920 Loans Paid in Full 21 1116 Ending Loan Count ~~1,014~~993 ~~920~~904 Beginning Scheduled Balance ~~298~~292,~~117~~574,~~837~~733.3449 ~~481~~477,~~710~~230,~~902~~100.6372 Ending Scheduled Balance ~~292~~287,~~574~~063,~~733~~968.4977 ~~477~~470,~~230~~360,~~100~~237.7266 Actual Ending Collateral Balance ~~291~~286,~~755~~275,~~642~~877.0105 ~~475~~468,~~848~~977,~~667~~238.8321 Scheduled Principal 0.00 0.00 Unscheduled Principal 6,~~555~~509,~~333~~797.3676 68,~~137~~520,~~327~~763.8906 Negative Amortized Principal (999,033.04) (1,650,900.00) Scheduled Interest 21,~~017~~982,~~203~~233.4247 3,~~226~~200,~~523~~842.7805 Servicing Fees 9391,~~161~~429.8158 ~~150~~149,~~534~~134.6343 Master Servicing Fees 3,~~105~~047.3968 54,~~017~~971.8212 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 1,~~242~~219.1408 21,~~007~~988.1348 Pool Insurance Fee 0.00 0.00 Spread 1 0.00 0.00 Spread 2 0.00 0.00 Spread 3 0.00 0.00 Net Interest 1,~~919~~886,~~694~~537.0813 3,~~068~~044,~~964~~748.2002 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 Prepayment Penalty Waived Amount 0.00 0.00 Prepayment Penalty Waived Count 0 0 Prepayment Penalty Paid Amount ~~179~~164,~~860~~619.9952 ~~102~~118,~~565~~146.1341 Prepayment Penalty Paid Count 1917 69 Special Servicing Fee 0.00 0.00 Ending Scheduled Balance for Premium Loans ~~292~~287,~~574~~063,~~733~~968.4977 ~~477~~470,~~230~~360,~~100~~237.7266

Collateral Statement Group Total Collateral Description Mixed ARM Weighted Average Coupon Rate 8.~~069044~~079568 Weighted Average Net Rate 7.~~694044~~704568 Weighted Average Pass-Through Rate 7.~~676544~~687068 Weighted Average Remaining Term ~~401~~400 Principal And Interest Constant 2,~~574~~533,~~971~~142.7148 Beginning Loan Count 1,~~966~~934 Loans Paid in Full 3237 Ending Loan Count 1,~~934~~897 Beginning Scheduled Balance ~~779~~769,~~828~~804,~~739~~834.9721 Ending Scheduled Balance ~~769~~757,~~804~~424,~~834~~206.2143 Actual Ending Collateral Balance ~~767~~755,~~604~~253,~~309~~115.8426 Scheduled Principal 0.00 Unscheduled Principal 1215,~~692~~030,~~661~~560.2582 Negative Amortized Principal (2,649,933.04) Scheduled Interest 5,~~243~~183,~~727~~075.2052 Servicing Fees ~~243~~240,~~696~~564.4401 Master Servicing Fees 8,~~123~~018.2180 Trustee Fee 0.00 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 3,~~249~~207.2756 Pool Insurance Fee 0.00 Spread 1 0.00 Spread 2 0.00 Spread 3 0.00 Net Interest 4,~~988~~931,~~658~~285.2815 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Percentage of Cumulative Losses 0.0000 Prepayment Penalty Waived Amount 0.00 Prepayment Penalty Waived Count 0 Prepayment Penalty Paid Amount 282,~~426~~765.1293 Prepayment Penalty Paid Count 2526 Special Servicing Fee 0.00 Ending Scheduled Balance for Premium Loans ~~769~~757,~~804~~424,~~834~~206.2143

Additional Reporting - Deal Level Informational Reporting ~~Group 1 Deferred Interest 1,012,229.51 Group 2 Deferred Interest 1,656,525.98~~ Negative Amortization Loan Count 3532.00 Negative Amortization Loan Balance ~~200~~140,~~284~~676,~~858~~282.8713 Group 1 Net Deferred Interest 0.00 Group 2 Net Deferred Interest 0.00 Prefunding Reporting Capitalized Interest Account Balance 0.00 Beginning Prefunded Balance ~~559,207~~0.1000 Ending Prefunded Balance 0.00 Structural Reporting Group 1 Adjusted Cap Rate 776.~~67104346~~8148811% Group 2 Adjusted Cap Rate 776.~~67104346~~8148811% Subordinate Adjusted Cap Rate 779.~~19160324~~4636701% Net Monthly Excess Cashflow 1,~~179~~523,~~626~~637.0834 Extra Principal Distribution 0.00 Overcollateralized Amount 3,993,758.61 Overcollateralization Decrease 0.00 Overcollateralization Deficiency Amount 0.00 Overcollateralization Increase 0.00 Overcollateralization Release Amount 0.00 Overcollateralization Target Amount 3,993,758.61 Group 1 Principal Distribution % 5544.~~298842~~511190% Group 2 Principal Distribution % 4455.~~701158~~488810% Yield Maintenance Agreement Deposit 0.00 Trigger Event Reporting Trigger Event Delinquency Trigger Trigger Result Pass Threshold Value 2.~~862381~~899626% Calculated Value 0.~~063725~~178367% Trigger Event Cumulative Loss Trigger Trigger Result N/A Threshold Value 0.000000% Calculated Value 0.000000% Trigger Event Trigger Result Pass

Delinquency Status - OTS Delinquency Calculation Method DELINQUENT BANKRUPTCY FORECLOSURE REO Total No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Actual Balance Actual Balance Actual Balance Actual Balance Actual Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 43 0 0 0 43 1,~~769~~003,~~055~~104.3704 0.00 0.00 0.00 1,~~769~~003,~~055~~104.3704 60 Days 0 0 2 0 2 0.00 0.00 ~~485~~1,~~607~~128,354.0105 0.00 ~~485~~1,~~607~~128,354.0105 90 Days 0 0 01 0 01 0.00 0.00 0203,186.0016 0.00 0203,186.0016 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 43 0 23 0 6 1,~~769~~003,~~055~~104.3704 0.00 ~~485~~1,~~607~~331,540.0121 0.00 2,~~254~~334,~~662~~644.3825 No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Actual Balance Actual Balance Actual Balance Actual Balance Actual Balance 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~206825~~158144% 0.000000% 0.000000% 0.000000% 0.~~206825~~158144% 0.~~230464~~132817% 0.000000% 0.000000% 0.000000% 0.~~230464~~132817% 60 Days 0.000000% 0.000000% 0.~~103413~~105430% 0.000000% 0.~~103413~~105430% 0.000000% 0.000000% 0.~~063263~~149401% 0.000000% 0.~~063263~~149401% 90 Days 0.000000% 0.000000% 0.~~000000~~052715% 0.000000% 0.~~000000~~052715% 0.000000% 0.000000% 0.~~000000~~026903% 0.000000% 0.~~000000~~026903% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.~~206825~~158144% 0.000000% 0.~~103413~~158144% 0.000000% 0.~~310238~~316289% 0.~~230464~~132817% 0.000000% 0.~~063263~~176304% 0.000000% 0.~~293727~~309121% Please refer to CTSLink.com for a list of delinquency code descriptions.

Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 2833,~~887~~325.4360

Delinquency Status By Group DELINQUENT BANKRUPTCY FORECLOSURE REO Total 1 - OTS No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Actual Balance Actual Balance Actual Balance Actual Balance Actual Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 12 0 0 0 12 ~~173~~536,~~433~~920.2007 0.00 0.00 0.00 ~~173~~536,~~433~~920.2007 60 Days 0 0 20 0 20 0.00 0.00 ~~485,607~~0.0100 0.00 ~~485,607~~0.0100 90 Days 0 0 01 0 01 0.00 0.00 0203,186.0016 0.00 0203,186.0016 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 12 0 21 0 3 ~~173~~536,~~433~~920.2007 0.00 ~~485~~203,~~607~~186.0116 0.00 ~~659~~740,~~040~~106.2123 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~098619~~201410% 0.000000% 0.000000% 0.000000% 0.~~098619~~201410% 0.~~059445~~187553% 0.000000% 0.000000% 0.000000% 0.~~059445~~187553% 60 Days 0.000000% 0.000000% 0.~~197239~~000000% 0.000000% 0.~~197239~~000000% 0.000000% 0.000000% 0.~~166443~~000000% 0.000000% 0.~~166443~~000000% 90 Days 0.000000% 0.000000% 0.~~000000~~100705% 0.000000% 0.~~000000~~100705% 0.000000% 0.000000% 0.~~000000~~070976% 0.000000% 0.~~000000~~070976% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.~~098619~~201410% 0.000000% 0.~~197239~~100705% 0.000000% 0.~~295858~~302115% 0.~~059445~~187553% 0.000000% 0.~~166443~~070976% 0.000000% 0.~~225888~~258529% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 2 - OTS No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Actual Balance Actual Balance Actual Balance Actual Balance Actual Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 31 0 0 0 3 1 466,~~595,622~~183.1797 0.00 0.00 0.00 1466,~~595,622~~183.1797 60 Days 0 0 02 0 02 0.00 0.00 01,128,354.0005 0.00 01,128,354.0005 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 31 0 02 0 3 1466,~~595,622~~183.1797 0.00 01,128,354.0005 0.00 1,~~595~~594,~~622~~538.1702 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~326087~~110619% 0.000000% 0.000000% 0.000000% 0.~~326087~~110619% 0.~~335321~~099404% 0.000000% 0.000000% 0.000000% 0.~~335321~~099404% 60 Days 0.000000% 0.000000% 0.~~000000~~221239% 0.000000% 0.~~000000~~221239% 0.000000% 0.000000% 0.~~000000~~240599% 0.000000% 0.~~000000~~240599% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.~~326087~~110619% 0.000000% 0.~~000000~~221239% 0.000000% 0.~~326087~~331858% 0.~~335321~~099404% 0.000000% 0.~~000000~~240599% 0.000000% 0.~~335321~~340003% Please refer to CTSLink.com for a list of delinquency code descriptions.

Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period

Summary 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 2 ~~Jun~~Jul-06 0.000% Original Principal Balance ~~482~~1,~~500~~117,400.00 ~~Jul~~Aug-06 0.000% Current Actual Balance ~~485~~1,~~607~~128,354.0105 ~~Aug~~Sep-06 0.000% ~~Sep~~Oct-06 0.000% Current Foreclosure Total ~~Oct~~Nov-06 0.000% Loans in Foreclosure 23 ~~Nov~~Dec-06 0.000% Original Principal Balance ~~482~~1,~~500~~319,900.00 ~~Dec~~Jan-0607 0.000% Current Actual Balance ~~485~~1,~~607~~331,540.0121 ~~Jan~~Feb-07 0.000% ~~Feb~~Mar-07 0.000% ~~Mar~~Apr-07 0.000% ~~Apr~~May-07 0.~~000~~063% ~~May~~Jun-07 0.~~063~~176% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 1 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 20 ~~Jun~~Jul-06 0.000% Original Principal Balance ~~482,500~~0.00 ~~Jul~~Aug-06 0.000% Current Actual Balance ~~485,607~~0.0100 ~~Aug~~Sep-06 0.000% ~~Sep~~Oct-06 0.000% Current Foreclosure Total ~~Oct~~Nov-06 0.000% Loans in Foreclosure 21 ~~Nov~~Dec-06 0.000% Original Principal Balance ~~482~~202,500.00 ~~Dec~~Jan-0607 0.000% Current Actual Balance ~~485~~203,~~607~~186.0116 ~~Jan~~Feb-07 0.000% ~~Feb~~Mar-07 0.000% ~~Mar~~Apr-07 0.000% ~~Apr~~May-07 0.~~000~~166% ~~May~~Jun-07 0.~~166~~071% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 2 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 2 Jul-06 No0.000% Original Principal Balance 1,117,400.00 Aug-06 0.000% Current Actual Balance 1,128,354.05 Sep-06 0.000% Oct-06 0.000% Current Foreclosure ~~Information~~Total toNov-06 0.000% Loans in Foreclosure 2 Dec-06 0.000% Original Principal Balance 1,117,400.00 Jan-07 0.000% Current Actual Balance 1,128,354.05 Feb-07 0.000% Mar-07 0.000% Apr-07 0.000% May-07 0.000% Jun-07 0.241% *The text reported in the above table is presented graphically on the monthly bond remittance report. ~~this~~The ~~period~~monthly bond remittance report can be viewed online at www.ctslink.com.

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period Month Loan First Original Loan Entered Payment LTV at Principal Group Number FC Date State Origination Balance 1 9032944753 May-2007 01-Nov-2006 CA 75.00 202,500.00 12 ~~9042341941~~9042363366 ~~May~~Jun-2007 01-Oct-2006 AZCA 94.26 575,000.00 2 9042374017 Jun-2007 01-Nov-2006 CA 80.00 ~~280~~542,~~000~~400.00

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period (continued) Current Paid Current Approximate Loan Actual To Months Loan Delinquent Group Number Balance Date Delinquent Rate Interest 1 9032944753 203,186.16 01-Jan-2007 3 7.802% 5,042.28 2 9042363366 579,793.38 01-Feb-2007 2 7.~~789~~902% 314,~~769~~534.4903 12 ~~9042341941~~9042374017 ~~282~~548,~~420~~560.8567 01-~~Jan~~Feb-2007 2 8.~~125~~602% 515,~~495~~074.8677

Prepayment Detail - Prepayments during Current Period Summary Loans Paid In Full Repurchased Loans Original Current Original Current Principal Scheduled Principal Scheduled Group Count Balance Balance Count Balance Balance 1 21 6,~~273~~215,~~450~~378.00 6,~~350~~302,~~922~~331.0714 0 0.00 0.00 2 1116 57,~~863~~985,~~700~~000.00 58,~~929~~067,~~110~~000.0917 0 0.00 0.00 Total 3237 1214,~~137~~200,~~150~~378.00 1214,~~280~~369,~~032~~331.1631 0 0.00 0.00

Prepayment Detail - Prepayments during Current Period (continued) Summary Substitution Loans Liquidated Loans Curtailments Original Current Original Current Principal Scheduled Principal Scheduled Curtailment Group Count Balance Balance Count Balance Balance Amount 1 0 0.00 0.00 0 0.00 0.00 ~~183~~185,~~523~~757.0640 2 0 0.00 0.00 0 0.00 0.00 ~~188~~425,~~824~~813.3794 Total 0 0.00 0.00 0 0.00 0.00 ~~372~~611,~~347~~571.4334

Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount 1 ~~9042334243~~9032940561 CA 7476.2112 01-~~Sep~~Oct-2006 ~~397~~255,000.00 ~~407~~262,~~432~~656.2494 1 ~~9042336768~~9032963225 CA 4556.2218 01-~~Sep~~Nov-2006 ~~303~~400,000.00 ~~309~~407,~~624~~125.1963 1 ~~9042352302~~9042340513 CA 6080.00 01-Oct-2006 ~~315~~376,000.00 ~~321~~385,~~394~~391.6443 1 ~~9042366948~~9042351742 CAAZ 7563.0005 01-~~Nov~~Oct-2006 ~~386~~142,~~250~~500.00 ~~390~~145,~~770~~517.1549 1 ~~9042372078~~9042353730 CA 8090.00 01-Oct-2006 380,~~400~~610.00 ~~385~~382,~~911~~132.1103 1 ~~9042376103~~9042354571 HICA 5275.7100 01-~~Nov~~Oct-2006 ~~350~~390,000.00 ~~356~~400,~~363~~771.6685 1 ~~9042377887~~9042355693 CA 4575.1600 01-Oct-2006 ~~140~~408,~~000~~750.00 ~~140~~420,~~933~~833.0381 1 ~~9042381012~~9042369355 CA 4178.75 01-Oct-2006 315,000.00 323,347.57 1 9042377226 CA 56.53 01-Nov-2006 ~~184~~225,~~500~~000.00 ~~187~~228,~~552~~754.4239 1 ~~9042383034~~9042378547 CA 8040.00 01-~~Dec~~Nov-2006 ~~352~~284,000.00 ~~356~~285,~~371~~957.2753 1 ~~9042384198~~9042378893 CA 4368.7571 01-Dec-2006 ~~315~~347,000.00 ~~319~~349,~~552~~708.6417 1 ~~9042384404~~9042382614 CA 5053.1820 01-Nov-2006 ~~357~~212,~~300~~800.00 ~~363~~217,~~668~~474.9104 1 ~~9042385625~~9042384537 CA 7767.7546 01-Nov-2006 ~~339~~170,000.00 ~~345~~174,~~488~~694.0979 1 ~~9042386458~~9042385682 CA 7580.00 01-Nov-2006 ~~303~~244,~~750~~000.00 ~~309~~248,~~505~~664.7274 1 ~~9042387837~~9042387019 CARI 3980.3400 01-Nov-2006 ~~120~~352,000.00 ~~122~~359,~~138~~983.9589 1 ~~9042388876~~9042399527 CA 7762.6031 01-Dec-2006 ~~395~~324,~~750~~000.00 ~~399~~329,~~666~~210.1260 1 ~~9042405886~~9042401901 CA 80.0087 01-Dec-2006 ~~400~~372,000.00 ~~405~~376,~~416~~405.4246 1 ~~9042408823~~9042412312 CA 1951.5494 01-Dec-2006 ~~105~~335,~~500~~000.00 ~~107~~336,~~041~~669.0166 1 ~~9042413914~~9042417618 CAWA 80.00 01-Dec-2006 ~~256~~272,000.00 ~~260~~273,~~746~~238.9008 1 ~~9042419481~~9042423681 CA 80.00 01-~~Dec~~Jan-~~2006~~2007 ~~336~~292,000.00 ~~342~~296,~~176~~379.0339 1 ~~9042422113~~9042437699 MACA 8034.0062 01-Jan-2007 ~~272~~117,~~000~~718.00 ~~271~~119,~~717~~122.6887 12 ~~9042433565~~9032966418 ILCA 7369.6150 01-~~Jan~~Dec-~~2007~~2006 ~~265~~695,000.00 ~~268~~710,~~339~~512.1249 2 ~~9042330449~~9042350926 CA 7580.00 01-Sep-2006 ~~450~~472,000.00 ~~463~~480,~~229~~141.2907 2 ~~9042354530~~9042375188 CAAZ 6862.5780 01-Oct-2006 ~~600~~493,000.00 ~~611~~504,~~898~~602.4218 2 ~~9042363861~~9042391086 CA 7975.87 01-Dec-2006 478,000.00 484,926.40 2 9042391664 CA 80.00 01-Nov-2006 ~~734~~452,~~700~~000.00 ~~752~~455,~~343~~653.4149 2 ~~9042392993~~9042402990 FL 80.00 01-Jan-2007 304,000.00 304,182.42 2 9042412031 CA 6179.1705 01-Jan-2007 ~~630~~498,000.00 ~~636~~504,~~478~~859.9281 2 ~~9042399733~~9042422204 CA 80.00 01-Dec-2006 ~~428~~528,000.00 ~~433~~536,~~754~~789.3868 2 ~~9042402487~~9042425397 NJCA 8980.2900 01-~~Dec~~Jan-~~2006~~2007 ~~500~~464,000.00 ~~506~~473,~~005~~406.7145 2 ~~9042405217~~9042444091 CA 7880.5700 01-~~Dec~~Feb-~~2006~~2007 ~~440~~388,000.00 ~~440~~390,~~998~~491.6541 2 ~~9042414268~~9042445387 CA 7969.1205 01-~~Dec~~Feb-~~2006~~2007 ~~360~~290,000.00 ~~365~~291,~~166~~669.9975 2 ~~9042430223~~9042448530 CAAZ 80.00 01-~~Jan~~Feb-2007 ~~756~~532,000.00 ~~764~~538,~~157~~929.8287 2 ~~9042435198~~9042451351 CA 80.00 01-~~Jan~~Mar-2007 ~~500~~356,000.00 ~~504~~358,~~835~~865.4165 2 ~~9042452938~~9042451799 CAAZ 7669.2370 01-Feb-2007 ~~465~~1,150,000.00 ~~469~~1,~~634~~165,906.5247 2 9042460196 CA 75.00 01-Mar-2007 750,000.00 757,970.47 2 9042461590 FL 62.79 01-Mar-2007 135,000.00 136,041.51

Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning 1 ~~9042334243~~9032940561 Loan Paid in Full 0 8.~~125~~177% ~~360~~480 8 1 ~~9042336768~~9032963225 Loan Paid in Full 0 87.~~250~~625% 360 87 1 ~~9042352302~~9042340513 Loan Paid in Full 0 78.~~875~~252% 360 78 1 ~~9042366948~~9042351742 Loan Paid in Full ~~(1)~~0 8.~~439~~102% 360 68 1 ~~9042372078~~9042353730 Loan Paid in Full 0 7.~~750~~577% 360 78 1 ~~9042376103~~9042354571 Loan Paid in Full 0 8.~~039~~625% 360 68 1 ~~9042377887~~9042355693 Loan Paid in Full 0 78.~~989~~277% ~~360~~480 78 1 ~~9042381012~~9042369355 Loan Paid in Full 0 78.~~839~~502% ~~360~~480 68 1 ~~9042383034~~9042377226 Loan Paid in Full 0(1) 8.~~000~~125% 360 57 1 ~~9042384198~~9042378547 Loan Paid in Full ~~(1)~~0 78.~~750~~352% ~~360~~480 57 1 ~~9042384404~~9042378893 Loan Paid in Full ~~(1)~~0 8.~~089~~000% 360 6 1 ~~9042385625~~9042382614 Loan Paid in Full ~~(1)~~0 8.~~125~~202% 360 67 1 ~~9042386458~~9042384537 Loan Paid in Full 0 8.~~189~~752% ~~360~~480 67 1 ~~9042387837~~9042385682 Loan Paid in Full 0 87.~~089~~727% 360 67 1 ~~9042388876~~9042387019 Loan Paid in Full 0 8.~~339~~652% 360 7 1 9042399527 Loan Paid in Full (1) 9.102% 480 56 1 ~~9042405886~~9042401901 Loan Paid in Full 0 78.~~839~~602% 480 56 1 ~~9042408823~~9042412312 Loan Paid in Full 0 7.~~989~~750% 360 56 1 ~~9042413914~~9042417618 Loan Paid in Full 0 8.~~114~~302% ~~480~~360 56 1 ~~9042419481~~9042423681 Loan Paid in Full 0 8.~~239~~602% ~~480~~360 5 1 ~~9042422113~~9042437699 Loan Paid in Full ~~(1)~~0 7.~~789~~250% 360 45 12 ~~9042433565~~9032966418 Loan Paid in Full 0 8.~~389~~177% ~~360~~480 46 2 ~~9042330449~~9042350926 Loan Paid in Full 0 8.~~250~~000% 360 89 2 ~~9042354530~~9042375188 Loan Paid in Full 0 8.~~114~~177% 360 78 2 ~~9042363861~~9042391086 Loan Paid in Full 0 87.~~539~~375% ~~480~~360 6 2 ~~9042392993~~9042391664 Loan Paid in Full 0 7.~~375~~500% 360 47 2 ~~9042399733~~9042402990 Loan Paid in Full (1) 78.~~875~~302% 480 5 2 9042412031 Loan Paid in Full 0 8.127% 360 5 2 ~~9042402487~~9042422204 Loan Paid in Full 0 78.~~864~~077% 360 6 2 9042425397 Loan Paid in Full 0 8.902% 480 5 2 ~~9042405217~~9042444091 Loan Paid in Full (1) 78.~~864~~402% 480 54 2 ~~9042414268~~9042445387 Loan Paid in Full 0 87.~~289~~625% 360 54 2 ~~9042430223~~9042448530 Loan Paid in Full 0 7.~~964~~375% 360 4 2 ~~9042435198~~9042451351 Loan Paid in Full 0(1) 8.~~339~~652% 360 3 2 9042451799 Loan Paid in Full (1) 7.977% 480 4 2 ~~9042452938~~9042460196 Loan Paid in Full 0 78.~~250~~127% 480 3 2 9042461590 Loan Paid in Full 0 8.402% 360 3

Prepayment Penalty Detail - Prepayment Penalty Paid during Current Period Prepayment Prepayment Summary Loan Prior Penalty Penalty Count Balance Amount Waived 1 1917 54,~~698~~967,~~621~~520.6674 ~~179~~164,~~860~~619.9952 0.00 2 69 3,~~145~~588,~~259~~146.5791 ~~102~~118,~~565~~146.1341 0.00 Total 2526 8,~~843~~555,~~881~~667.2365 282,~~426~~765.1293 0.00

Prepayment Penalty Loan Detail - Prepayment Penalty Paid during Current Period Paid In Prepayment Prepayment Loan Full Prior Penalty Penalty Group Number Date Balance Amount Waived 1 ~~9042334243~~9042340513 0405/0718/2007 ~~406~~384,~~149~~003.6679 1312,~~133~~581.6338 0.00 1 ~~9042336768~~9042351742 05/04/~~25/~~2007 ~~308~~145,~~778~~013.8130 104,~~164~~654.3054 0.00 1 ~~9042352302~~9042353730 0405/0408/2007 ~~320~~381,~~576~~180.8107 1011,~~039~~463.8577 0.00 1 ~~9042366948~~9042354571 0405/2331/2007 ~~389~~399,~~319~~441.4584 13,~~138~~754.5391 0.00 1 ~~9042376103~~9042369355 0405/1922/2007 ~~355~~321,~~110~~959.4640 1110,~~367~~852.2528 0.00 1 ~~9042377887~~9042377226 0405/2616/2007 ~~140~~228,~~464~~128.4532 47,~~456~~389.7661 0.00 1 ~~9042381012~~9042378547 0405/0607/2007 ~~186~~284,~~946~~780.0450 59,~~812~~431.3575 0.00 1 ~~9042383034~~9042378893 0405/2030/2007 ~~355~~348,~~630~~799.5744 11,~~279~~097.8768 0.00 1 ~~9042384198~~9042382614 0405/2622/2007 ~~318~~216,~~779~~702.8104 97,~~981~~041.0873 0.00 1 ~~9042384404~~9042384537 0405/0218/2007 ~~362~~173,~~416~~929.6396 116,~~629~~031.0036 0.00 1 ~~9042385625~~9042387019 0405/2502/2007 ~~344~~358,~~539~~655.2148 1112,~~125~~294.7614 0.00 1 ~~9042386458~~9042399527 0405/1924/2007 ~~308~~327,~~378~~718.2984 1011,~~055~~927.9850 0.00 1 ~~9042387837~~9042401901 ~~04/~~05/02/2007 ~~121~~374,~~718~~919.3818 312,~~889~~826.3645 0.00 1 ~~9042388876~~9042412312 0405/0225/2007 ~~397~~335,~~972~~868.9012 1310,~~117~~491.9376 0.00 1 ~~9042405886~~9042417618 0405/2303/2007 ~~403~~272,~~862~~229.0657 128,~~585~~958.7654 0.00 1 ~~9042408823~~9042423681 0405/2708/2007 ~~106~~295,~~670~~305.1870 310,~~390~~067.7068 0.00 1 ~~9042413914~~9042437699 0405/1318/2007 ~~259~~118,~~684~~885.6819 83,~~342~~754.9744 0.00 12 ~~9042419481~~9032966418 0405/1125/2007 ~~340~~707,~~788~~660.6743 1123,~~076~~048.0803 0.00 12 ~~9042422113~~9042350926 0405/2530/2007 ~~270~~478,~~834~~875.6047 515,~~273~~269.8309 0.00 2 ~~9042330449~~9042391664 0405/0301/2007 ~~461~~454,~~718~~428.2706 1514,~~153~~028.4763 0.00 2 ~~9042363861~~9042402990 0405/0726/2007 ~~749~~302,~~095~~910.5752 2510,~~254~~029.04 0.00 2 ~~9042392993~~9042425397 0405/2502/2007 ~~635~~471,~~147~~345.3367 2016,~~048~~586.7498 0.00 2 ~~9042399733~~9042444091 0405/2517/2007 ~~432~~388,~~662~~820.3138 13,~~589~~031.0167 0.00 2 ~~9042414268~~9042445387 0405/30/2007 ~~363~~291,~~939~~004.56 9,300.41 0.00 2 9042451351 05/16/2007 11357,~~956~~559.3144 12,344.46 0.00 2 ~~9042435198~~9042461590 0405/0215/2007 ~~502~~135,~~696~~542.9338 164,~~563~~508.5610 0.00

Prepayment Rates

Summary SMM CPR PSA Current Month 1.~~622~~946% Current Month 1721.~~819~~006% Current Month 1,~~870~~823.~~483~~732% 3 Month Average 1.~~521~~835% 3 Month Average 1619.~~718~~913% 3 Month Average 2,~~231~~154.~~030~~880% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs. 12mo Average* PSA: Current vs. 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Jun-2006 N/A N/A Jun-2006 N/A N/A~~ Jul-2006 N/A N/A Jul-2006 N/A N/A Aug-2006 N/A N/A Aug-2006 N/A N/A Sep-2006 N/A N/A Sep-2006 N/A N/A Oct-2006 N/A N/A Oct-2006 N/A N/A Nov-2006 N/A N/A Nov-2006 N/A N/A Dec-2006 N/A N/A Dec-2006 N/A N/A Jan-2007 N/A N/A Jan-2007 N/A N/A Feb-2007 N/A N/A Feb-2007 N/A N/A Mar-2007 11.422% N/A Mar-2007 2,052.182% N/A Apr-2007 20.914% N/A Apr-2007 2,770.425% N/A May-2007 17.819% N/A May-2007 1,870.483% N/A Jun-2007 21.006% N/A Jun-2007 1,823.732% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. 1 SMM CPR PSA Current Month 2.~~191~~217% Current Month 23.~~348~~592% Current Month 21,~~203~~877.~~816~~702% 3 Month Average 2.~~039~~278% 3 Month Average 2124.~~823~~155% 3 Month Average 2,~~557~~347.~~410~~713% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs. 12mo Average* PSA: Current vs. 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Jun-2006 N/A N/A Jun-2006 N/A N/A~~ Jul-2006 N/A N/A Jul-2006 N/A N/A Aug-2006 N/A N/A Aug-2006 N/A N/A Sep-2006 N/A N/A Sep-2006 N/A N/A Oct-2006 N/A N/A Oct-2006 N/A N/A Nov-2006 N/A N/A Nov-2006 N/A N/A Dec-2006 N/A N/A Dec-2006 N/A N/A Jan-2007 N/A N/A Jan-2007 N/A N/A Feb-2007 N/A N/A Feb-2007 N/A N/A Mar-2007 16.596% N/A Mar-2007 2,506.794% N/A Apr-2007 25.524% N/A Apr-2007 2,961.620% N/A May-2007 23.348% N/A May-2007 2,203.816% N/A Jun-2007 23.592% N/A Jun-2007 1,877.702% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. 2 SMM CPR PSA Current Month 1.~~270~~779% Current Month 1419.~~216~~381% Current Month 1,~~602~~781.~~463~~420% 3 Month Average 1.~~198~~560% 3 Month Average 1317.~~381~~168% 3 Month Average 1,~~945~~994.~~420~~618% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs. 12mo Average* PSA: Current vs. 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. ~~Jun-2006 N/A N/A Jun-2006 N/A N/A~~ Jul-2006 N/A N/A Jul-2006 N/A N/A Aug-2006 N/A N/A Aug-2006 N/A N/A Sep-2006 N/A N/A Sep-2006 N/A N/A Oct-2006 N/A N/A Oct-2006 N/A N/A Nov-2006 N/A N/A Nov-2006 N/A N/A Dec-2006 N/A N/A Dec-2006 N/A N/A Jan-2007 N/A N/A Jan-2007 N/A N/A Feb-2007 N/A N/A Feb-2007 N/A N/A Mar-2007 8.019% N/A Mar-2007 1,633.826% N/A Apr-2007 17.907% N/A Apr-2007 2,599.971% N/A May-2007 14.216% N/A May-2007 1,602.463% N/A Jun-2007 19.381% N/A Jun-2007 1,781.420% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Calculation Methodology: Single Month Mortality (SMM): (Partial and full prepayments + Repurchases) / (Beginning Scheduled Balance - Scheduled Principal) Conditional PrePayment Rate (CPR): 1 - ((1 - SMM)^12) PSA Standard Prepayment Model: 100 * CPR / (0.2 * MIN(30,WAS)) Weighted Average Seasoning (WAS): sum((Original Term - Remaining Term)*(Current Scheduled Balance/Deal Scheduled Principal Balance))

Interest Rate Stratification Summary 1 Current Number of Outstanding Percentage of Number of Outstanding Percentage of Interest Rate Loans Scheduled Balance(%) Loans Scheduled Balance(%) Range(%) Balance($) Balance($) < 1.000 0 0.00 0.000 0 0.00 0.000 1.000 1.499 0 0.00 0.000 0 0.00 0.000 1.500 1.999 0 0.00 0.000 0 0.00 0.000 2.000 2.499 0 0.00 0.000 0 0.00 0.000 2.500 2.999 0 0.00 0.000 0 0.00 0.000 3.000 3.499 0 0.00 0.000 0 0.00 0.000 3.500 3.999 0 0.00 0.000 0 0.00 0.000 4.000 4.499 0 0.00 0.000 0 0.00 0.000 4.500 4.999 0 0.00 0.000 0 0.00 0.000 5.000 5.499 0 0.00 0.000 0 0.00 0.000 5.500 5.999 0 0.00 0.000 0 0.00 0.000 6.000 6.499 3 1,~~521~~522,~~722~~701.1947 0.~~198~~201 0 0.00 0.000 6.500 6.999 25 10,~~463~~474,~~468~~541.9702 1.~~359~~383 11 3,~~529~~533,~~656~~985.9874 1.~~206~~231 7.000 7.499 ~~139~~131 5754,~~707~~338,~~137~~192.6353 7.~~496~~174 6765 1716,~~355~~965,~~673~~321.9782 5.~~932~~910 7.500 7.999 ~~639~~612 ~~267~~257,~~378~~460,~~799~~147.8297 3433.~~733~~992 ~~311~~296 9086,~~424~~425,~~615~~967.6941 30.~~907~~107 8.000 8.499 ~~764~~706 ~~297~~272,~~478~~675,~~255~~598.5584 3836.~~643~~000 ~~425~~403 ~~122~~115,~~014~~814,~~125~~803.1882 4140.~~704~~345 8.500 8.999 ~~357~~412 ~~133~~158,~~352~~695,~~043~~426.6746 1720.~~323~~952 ~~193~~211 5762,~~347~~545,~~255~~910.2901 1921.~~601~~788 9.000 9.499 78 12,~~903~~257,~~406~~598.3814 0.~~247~~298 7 1,~~903~~777,~~406~~979.3897 0.~~651~~619 >= 9.500 0 0.00 0.000 0 0.00 0.000 Total 1,~~934~~897 ~~769~~757,~~804~~424,~~834~~206.2143 100.000 ~~1,014~~993 ~~292~~287,~~574~~063,~~733~~968.4977 100.000

Interest Rate Stratification (continued) 2 Current Number of Outstanding Percentage of Interest Rate Loans Scheduled Balance(%) Range(%) Balance($) < 1.000 0 0.00 0.000 1.000 1.499 0 0.00 0.000 1.500 1.999 0 0.00 0.000 2.000 2.499 0 0.00 0.000 2.500 2.999 0 0.00 0.000 3.000 3.499 0 0.00 0.000 3.500 3.999 0 0.00 0.000 4.000 4.499 0 0.00 0.000 4.500 4.999 0 0.00 0.000 5.000 5.499 0 0.00 0.000 5.500 5.999 0 0.00 0.000 6.000 6.499 3 1,~~521~~522,~~722~~701.1947 0.~~319~~324 6.500 6.999 14 6,~~933~~940,~~811~~555.9928 1.~~453~~476 7.000 7.499 7266 4037,~~351~~372,~~463~~870.6671 87.~~455~~946 7.500 7.999 ~~328~~316 ~~176~~171,~~954~~034,~~184~~180.1356 3736.~~079~~362 8.000 8.499 ~~339~~303 ~~175~~156,~~464~~860,~~130~~795.3702 3633.~~767~~349 8.500 8.999 ~~164~~201 7696,~~004~~149,~~788~~516.3845 1520.~~926~~442 9.000 9.499 01 0479,618.0017 0.~~000~~102 >= 9.500 0 0.00 0.000 Total ~~920~~904 ~~477~~470,~~230~~360,~~100~~237.7266 100.000

Filing Compare · DSLA 2007-AR1