10-D 1 mna07a1a_10d-200709.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: August 28, 2007 to September 25, 2007 Commission File Number of issuing entity: 333-140436-13 Merrill Lynch Alternative Note Asset Trust, Series 2007-AF1 (Exact name of issuing entity as specified in its charter) Commission File Number of depositor: 333-140436 Merrill Lynch Mortgage Investors, Inc. (Exact name of depositor as specified in its charter) Merrill Lynch Mortgage Lending, Inc. (Exact name of sponsor as specified in its charter) New York (State or other jurisdiction of incorporation or organization of the issuing entity) 54-2199906 54-2199907 54-2199908 54-2199909 54-2199945 54-6747782 54-6747783 (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)) 1AF-1 _____ _____ __X___ ____________ 1AF-2 _____ _____ __X___ ____________ 1AF-3 _____ _____ __X___ ____________ 1AF-4 _____ _____ __X___ ____________ 1AF-5 _____ _____ __X___ ____________ 1AF-6 _____ _____ __X___ ____________ 1AF-7 _____ _____ __X___ ____________ 1AF-8 _____ _____ __X___ ____________ 1AF-9 _____ _____ __X___ ____________ 1AF-10 _____ _____ __X___ ____________ 1AF-11 _____ _____ __X___ ____________ 1AF-12 _____ _____ __X___ ____________ 2AF-1 _____ _____ __X___ ____________ 2AF-2 _____ _____ __X___ ____________ F-IO _____ _____ __X___ ____________ F-PO _____ _____ __X___ ____________ MF-1 _____ _____ __X___ ____________ MF-2 _____ _____ __X___ ____________ MF-3 _____ _____ __X___ ____________ BF-1 _____ _____ __X___ ____________ BF-2 _____ _____ __X___ ____________ BF-3 _____ _____ __X___ ____________ A-R _____ _____ __X___ ____________ P _____ _____ __X___ ____________ AV-1 _____ _____ __X___ ____________ AV-2 _____ _____ __X___ ____________ AV-IO _____ _____ __X___ ____________ MV-1 _____ _____ __X___ ____________ MV-2 _____ _____ __X___ ____________ MV-3 _____ _____ __X___ ____________ BV-1 _____ _____ __X___ ____________ BV-2 _____ _____ __X___ ____________ BV-3 _____ _____ __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 September 25, 2007 a distribution was made to holders of Merrill Lynch Alternative Note Asset Trust, Series 2007-AF1. The distribution reports are attached as Exhibits to this Form 10-D. Please see Item 9(b), Exhibit 99.1 & Exhibit 99.2 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 Merrill Lynch Alternative Note Asset Trust, Series 2007-AF1 Stack I, relating to the September 25, 2007 distribution. (99.2) Monthly report distributed to holders of Merrill Lynch Alternative Note Asset Trust, Series 2007-AF1 Stack II, relating to the September 25, 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. Merrill Lynch Alternative Note Asset Trust, Series 2007-AF1 (Issuing Entity) Wells Fargo Bank, N.A. (Master Servicer) /s/ Elisabeth A. Brewster Elisabeth A. Brewster, Vice President Date: October 3, 2007 EXHIBIT INDEX Exhibit Number Description EX-99.1 Monthly report distributed to holders of Merrill Lynch Alternative Note Asset Trust, Series 2007-AF1 Stack I, relating to the September 25, 2007 distribution. EX-99.2 Monthly report distributed to holders of Merrill Lynch Alternative Note Asset Trust, Series 2007-AF1 Stack II, relating to the September 25, 2007 distribution. EX-99.1 Merrill Lynch Alternative Note Asset Trust Mortgage Pass-Through Certificates Distribution Date: 9/25/2007 Merrill Lynch Alternative Note Asset Trust Mortgage Pass-Through Certificates Series 2007-AF1 (Stack I) Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 8480 Stagecoach Circle Frederick, MD 21701-4747 www.ctslink.com Telephone: 1-866-846-4526 Fax: 240-586-8675

Certificateholder Distribution Summary Class CUSIP Record Certificate Beginning Interest Date Pass-Through Certificate Distribution Rate Balance 1AF-1 59024KAA1 0508/31/2007 5.75000% 9,125,900.00 43,728.27 1AF-2 59024KAB9 0508/31/2007 5.75000% 7372,~~193~~575,~~000~~886.0001 ~~350~~347,~~716~~759.4645 1AF-3 59024KAC7 0508/31/2007 5.75000% 8,940,000.00 42,837.50 1AF-4 59024KAD5 0508/31/2007 6.00000% 8,795,000.00 43,975.00 1AF-5 59024KAE3 0508/31/2007 6.00000% 977,000.00 4,885.00 1AF-6 59024KAF0 0508/31/2007 6.00000% 3433,~~133~~289,~~000~~645.0095 ~~170~~166,~~665~~448.0023 1AF-7 59024KAG8 0508/31/2007 6.00000% 3,~~793~~699,~~000~~283.0001 18,~~965~~496.0042 1AF-8 59024KAH6 0508/31/2007 6.00000% 4645,~~355~~812,~~000~~420.0025 ~~231~~229,~~775~~062.0010 1AF-9 59024KBG7 0508/31/2007 6.00000% 3,665,000.00 18,325.00 1AF-10 59024KAJ2 0508/31/2007 5.~~67000~~85500% ~~167~~160,~~598~~602,~~000~~588.0017 ~~791~~783,~~900~~606.5579 1AF-11 59024KAK9 0508/31/2007 5.~~67000~~85500% 1817,~~622~~844,~~000~~732.0002 87,~~988~~067.9542 1AF-12 59024KBH5 0508/31/2007 1.~~33000~~14500% 0.00 ~~206~~170,~~393~~268.8348 2AF-1 59024KAL7 0508/31/2007 6.50000% 1413,~~700~~781,~~000~~584.0099 7974,~~625~~650.0025 2AF-2 59024KBK8 0508/31/2007 6.50000% 1,~~633~~530,~~000~~974.0071 8,~~845~~292.4278 F-IO 59024KAM5 0508/31/2007 5.~~83306~~82874% 0.00 4442,~~762~~123.6050 F-PO 59024KAN3 0508/31/2007 0.00000% 7,~~484~~424,~~637~~316.7593 0.00 MF-1 59024KAP8 0508/31/2007 6.~~42689~~42718% 11,~~537~~514,~~000~~756.0045 61,~~789~~672.1887 MF-2 59024KAQ6 0508/31/2007 6.~~42689~~42718% 5,~~553~~542,~~000~~293.0071 29,~~740~~684.4344 MF-3 59024KAR4 0508/31/2007 6.~~42689~~42718% 4,~~059~~051,~~000~~174.0017 21,~~738~~698.9503 BF-1 59024KAS2 0508/31/2007 6.~~42689~~42718% 2,~~777~~771,~~000~~645.0089 14,~~872~~844.89 BF-2 59024KAT0 0508/31/2007 6.~~42689~~42718% 2,~~349~~344,~~000~~471.0008 12,~~580~~556.6395 BF-3 59024KAU7 0508/31/2007 6.~~42689~~42718% 1,~~923~~919,~~358~~650.9183 10,~~301~~281.0162 A-R 59024KAV5 0508/31/2007 5.75000% ~~100~~0.00 0.4801 P 59024KAW3 0508/31/2007 0.00000% 0.00 ~~656~~0.00 Totals ~~427~~416,~~212~~208,~~996~~324.6617 2,~~297~~232,~~068~~265.1500

Certificateholder Distribution Summary (continued) Class Principal Current Ending Total Cumulative Distribution Realized Certificate Distribution Realized Loss Balance Losses 1AF-1 0.00 0.00 9,125,900.00 43,728.27 0.00 1AF-2 ~~106~~89,~~637~~921.4414 0.00 7372,~~086~~485,~~362~~964.5687 ~~457~~437,~~353~~680.9059 0.00 1AF-3 0.00 0.00 8,940,000.00 42,837.50 0.00 1AF-4 0.00 0.00 8,795,000.00 43,975.00 0.00 1AF-5 0.00 0.00 977,000.00 4,885.00 0.00 1AF-6 ~~142~~436,~~489~~494.7188 0.00 3332,~~990~~853,~~510~~151.2906 ~~313~~602,~~154~~943.7111 0.00 1AF-7 1548,~~834~~505.0512 0.00 3,~~777~~650,~~165~~777.9590 3467,~~799~~001.0554 0.00 1AF-8 0402,296.0005 0.00 4645,~~355~~410,~~000~~124.0019 ~~231~~631,~~775~~358.0015 0.00 1AF-9 0.00 0.00 3,665,000.00 18,325.00 0.00 1AF-10 2,~~138~~255,~~487~~904.8653 0.00 ~~165~~158,~~459~~346,~~512~~683.1465 23,~~930~~039,~~388~~511.4132 0.00 1AF-11 ~~237~~250,~~609~~656.7606 0.00 1817,~~384~~594,~~390~~075.2496 ~~325~~337,~~598~~723.7148 0.00 1AF-12 0.00 0.00 0.00 ~~206~~170,~~393~~268.8348 0.00 2AF-1 401,~~383~~712,379.3071 0.00 1412,~~659~~069,~~616~~205.7028 ~~120~~1,~~008~~787,029.3096 0.00 2AF-2 4190,~~486~~225.1258 0.00 1,~~628~~340,~~513~~749.88 13 198,~~331~~518.5436 0.00 F-IO 0.00 0.00 0.00 4442,~~762~~123.6050 0.00 F-PO 1198,~~777~~288.2476 0.00 7,~~472~~326,~~860~~028.5116 1198,~~777~~288.2476 0.00 MF-1 7,~~345~~571.33 0.00 11,~~529~~507,~~654~~185.6712 69,~~134~~244.5120 0.00 MF-2 3,~~535~~644.4624 0.00 5,~~549~~538,~~464~~649.5447 33,~~275~~328.8968 0.00 MF-3 2,~~584~~663.2778 0.00 4,~~056~~048,~~415~~510.7339 24,~~323~~361.2281 0.00 BF-1 1,~~768~~822.0545 0.00 2,~~775~~769,~~231~~823.9545 16,~~640~~667.9434 0.00 BF-2 1,~~495~~541.5557 0.00 2,~~347~~342,~~504~~929.4552 14,~~076~~098.1852 0.00 BF-3 1,~~224~~262.5623 0.00 1,~~922~~918,~~134~~388.3560 11,~~525~~543.5785 0.00 A-R ~~100~~0.00 0.00 0.00 ~~100~~0.4801 0.00 P 0.00 0.00 0.00 ~~656~~0.00 0.00 Totals 25,~~715~~503,~~758~~177.7043 0.00 ~~424~~410,~~497~~705,~~237~~146.9675 57,~~012~~735,~~826~~442.8543 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 Face Certificate Principal Principal Amount Balance Distribution Distribution 1AF-1 9,125,900.00 9,125,900.00 0.00 0.00 0.00 1AF-2 73,193,000.00 7372,~~193~~575,~~000~~886.0001 7980,~~884~~953.2267 268,~~753~~967.2146 0.00 1AF-3 8,940,000.00 8,940,000.00 0.00 0.00 0.00 1AF-4 8,795,000.00 8,795,000.00 0.00 0.00 0.00 1AF-5 977,000.00 977,000.00 0.00 0.00 0.00 1AF-6 34,133,000.00 3433,~~133~~289,~~000~~645.0095 5329,~~785~~674.6143 88406,~~704~~820.1146 0.00 1AF-7 3,793,000.00 3,~~793~~699,~~000~~283.0001 53,~~976~~297.8854 945,~~857~~207.1757 0.00 1AF-8 46,355,000.00 4645,~~355~~812,~~000~~420.0025 027,349.0047 0374,946.0058 0.00 1AF-9 3,665,000.00 3,665,000.00 0.00 0.00 0.00 1AF-10 167,598,000.00 ~~167~~160,~~598~~602,~~000~~588.0017 65,~~677~~659.0122 2,~~072~~190,~~810~~245.8531 0.00 1AF-11 18,622,000.00 1817,~~622~~844,~~000~~732.0002 7,~~297~~295.4547 ~~230~~243,~~312~~360.3259 0.00 1AF-12 0.00 0.00 0.00 0.00 0.00 2AF-1 14,700,000.00 1413,~~700~~781,~~000~~584.0099 30,~~368~~222.5402 101,~~014~~682,157.7569 0.00 2AF-2 1,633,000.00 1,~~633~~530,~~000~~974.0071 3,~~373~~357.5932 1186,~~112~~868.5227 0.00 F-IO 0.00 0.00 0.00 0.00 0.00 F-PO 7,484,637.75 7,~~484~~424,~~637~~316.7593 9,~~415~~540.5465 288,~~361~~748.6911 0.00 MF-1 11,537,000.00 11,~~537~~514,~~000~~756.0045 7,~~345~~571.33 0.00 0.00 MF-2 5,553,000.00 5,~~553~~542,~~000~~293.0071 3,~~535~~644.4624 0.00 0.00 MF-3 4,059,000.00 4,~~059~~051,~~000~~174.0017 2,~~584~~663.2778 0.00 0.00 BF-1 2,777,000.00 2,~~777~~771,~~000~~645.0089 1,~~768~~822.0545 0.00 0.00 BF-2 2,349,000.00 2,~~349~~344,~~000~~471.0008 1,~~495~~541.5557 0.00 0.00 BF-3 1,923,358.91 1,~~923~~919,~~358~~650.9183 1,~~224~~262.5623 0.00 0.00 A-R 100.00 ~~100~~0.00 740.9100 250.0900 0.00 P 0.00 0.00 0.00 0.00 0.00 Totals 427,212,996.66 ~~427~~416,~~212~~208,~~996~~324.6617 ~~273~~275,~~806~~855.9739 25,~~441~~227,~~951~~322.7104 0.00

Principal Distribution Statement (continued) Class Realized Total Ending Ending Total Loss Principal Certificate Certificate Principal Reduction Balance Percentage Distribution 1AF-1 0.00 0.00 9,125,900.00 1.00000000 0.00 1AF-2 0.00 ~~106~~89,~~637~~921.4414 7372,~~086~~485,~~362~~964.5687 0.~~99854307~~99034013 ~~106~~89,~~637~~921.4414 1AF-3 0.00 0.00 8,940,000.00 1.00000000 0.00 1AF-4 0.00 0.00 8,795,000.00 1.00000000 0.00 1AF-5 0.00 0.00 977,000.00 1.00000000 0.00 1AF-6 0.00 ~~142~~436,~~489~~494.7188 3332,~~990~~853,~~510~~151.2906 0.~~99582546~~96250406 ~~142~~436,~~489~~494.7188 1AF-7 0.00 1548,~~834~~505.0512 3,~~777~~650,~~165~~777.9590 0.~~99582545~~96250406 1548,~~834~~505.0512 1AF-8 0.00 0402,296.0005 4645,~~355~~410,~~000~~124.0019 10.~~00000000~~97961653 0402,296.0005 1AF-9 0.00 0.00 3,665,000.00 1.00000000 0.00 1AF-10 0.00 2,~~138~~255,~~487~~904.8653 ~~165~~158,~~459~~346,~~512~~683.1465 0.~~98724037~~94480056 2,~~138~~255,~~487~~904.8653 1AF-11 0.00 ~~237~~250,~~609~~656.7606 1817,~~384~~594,~~390~~075.2496 0.~~98724037~~94480056 ~~237~~250,~~609~~656.7606 1AF-12 0.00 0.00 0.00 0.00000000 0.00 2AF-1 0.00 401,~~383~~712,379.3071 1412,~~659~~069,~~616~~205.7028 0.~~99725284~~82103437 401,~~383~~712,379.3071 2AF-2 0.00 4190,~~486~~225.1258 1,~~628~~340,~~513~~749.8813 0.~~99725284~~82103437 4190,~~486~~225.1258 F-IO 0.00 0.00 0.00 0.00000000 0.00 F-PO 0.00 1198,~~777~~288.2476 7,~~472~~326,~~860~~028.5116 0.~~99842648~~97880865 1198,~~777~~288.2476 MF-1 0.00 7,~~345~~571.33 11,~~529~~507,~~654~~185.6712 0.~~99936332~~99741572 7,~~345~~571.33 MF-2 0.00 3,~~535~~644.4624 5,~~549~~538,~~464~~649.5447 0.~~99936332~~99741572 3,~~535~~644.4624 MF-3 0.00 2,~~584~~663.2778 4,~~056~~048,~~415~~510.7339 0.~~99936332~~99741572 2,~~584~~663.2778 BF-1 0.00 1,~~768~~822.0545 2,~~775~~769,~~231~~823.9545 0.~~99936332~~99741572 1,~~768~~822.0545 BF-2 0.00 1,~~495~~541.5557 2,~~347~~342,~~504~~929.4552 0.~~99936332~~99741572 1,~~495~~541.5557 BF-3 0.00 1,~~224~~262.5623 1,~~922~~918,~~134~~388.3560 0.~~99936332~~99741582 1,~~224~~262.5623 A-R 0.00 ~~100~~0.00 0.00 0.00000000 ~~100~~0.00 P 0.00 0.00 0.00 0.00000000 0.00 Totals 0.00 25,~~715~~503,~~758~~177.7043 ~~424~~410,~~497~~705,~~237~~146.9675 0.~~99364308~~96135920 25,~~715~~503,~~758~~177.7043

Principal Distribution Factors Statement Class Original Beginning Scheduled UnScheduled Accretion Face Certificate Principal Principal Amount Balance Distribution Distribution 1AF-1 9,125,900.00 1000.00000000 0.00000000 0.00000000 0.00000000 1AF-2 73,193,000.00 ~~1000~~991.~~00000000~~56867474 1.~~09141885~~10603022 0.~~36551596~~12251800 0.00000000 1AF-3 8,940,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1AF-4 8,795,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1AF-5 977,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1AF-6 34,133,000.00 ~~1000~~975.~~00000000~~29212053 10.~~57576568~~86937656 211.~~59877860~~91868456 0.00000000 1AF-7 3,793,000.00 ~~1000~~975.~~00000000~~29211969 10.~~57576588~~86937516 211.~~59877933~~91868442 0.00000000 1AF-8 46,355,000.00 ~~1000~~988.~~00000000~~29511919 0.~~00000000~~59000043 08.~~00000000~~08858980 0.00000000 1AF-9 3,665,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1AF-10 167,598,000.00 ~~1000~~958.~~00000000~~26076785 0.~~39187228~~39176613 1213.~~36775409~~06844539 0.00000000 1AF-11 18,622,000.00 ~~1000~~958.~~00000000~~26076791 0.~~39187252~~39176619 1213.~~36775427~~06844539 0.00000000 1AF-12 0.00 0.00000000 0.00000000 0.00000000 0.00000000 2AF-1 14,700,000.00 ~~1000~~937.~~00000000~~52278844 2.~~06588707~~05591973 0114.~~68127551~~43249592 0.00000000 2AF-2 1,633,000.00 ~~1000~~937.~~00000000~~52278628 2.~~06588487~~05592162 0114.~~68127373~~43249847 0.00000000 F-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 F-PO 7,484,637.75 ~~1000~~991.~~00000000~~94071617 1.~~25798206~~27469763 011.~~31553832~~85736878 0.00000000 MF-1 11,537,000.00 ~~1000~~998.~~00000000~~07198145 0.~~63667591~~65626506 0.00000000 0.00000000 MF-2 5,553,000.00 ~~1000~~998.~~00000000~~07198091 0.~~63667567~~65626508 0.00000000 0.00000000 MF-3 4,059,000.00 ~~1000~~998.~~00000000~~07198078 0.~~63667652~~65626509 0.00000000 0.00000000 BF-1 2,777,000.00 ~~1000~~998.~~00000000~~07198055 0.~~63667627~~65626575 0.00000000 0.00000000 BF-2 2,349,000.00 ~~1000~~998.~~00000000~~07197957 0.~~63667518~~65626650 0.00000000 0.00000000 BF-3 1,923,358.91 ~~1000~~998.~~00000000~~07208110 0.~~63667784~~65626337 0.00000000 0.00000000 A-R 100.00 ~~1000~~0.00000000 ~~749~~0.~~10000000~~00000000 ~~250~~0.~~90000000~~00000000 0.00000000 P 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 1AF-1 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 1AF-2 0.00000000 1.~~45693495~~22854836 ~~998~~990.~~54306505~~34012638 0.~~99854307~~99034013 1.~~45693495~~22854836 1AF-3 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 1AF-4 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 1AF-5 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 1AF-6 0.00000000 412.~~17454399~~78806082 ~~995~~962.~~82545601~~50405941 0.~~99582546~~96250406 412.~~17454399~~78806082 1AF-7 0.00000000 412.~~17454521~~78806222 ~~995~~962.~~82545479~~50406011 0.~~99582545~~96250406 412.~~17454521~~78806222 1AF-8 0.00000000 08.~~00000000~~67859023 ~~1000~~979.~~00000000~~61652875 10.~~00000000~~97961653 08.~~00000000~~67859023 1AF-9 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000 1AF-10 0.00000000 1213.~~75962637~~46021152 ~~987~~944.~~24037363~~80055639 0.~~98724037~~94480056 1213.~~75962637~~46021152 1AF-11 0.00000000 1213.~~75962625~~46021158 ~~987~~944.~~24037375~~80055633 0.~~98724037~~94480056 1213.~~75962625~~46021158 1AF-12 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2AF-1 0.00000000 2116.~~74716327~~48841565 ~~997~~821.~~25283673~~03437279 0.~~99725284~~82103437 2116.~~74716327~~48841565 2AF-2 0.00000000 2116.~~74716473~~48841396 ~~997~~821.~~25283527~~03437232 0.~~99725284~~82103437 2116.~~74716473~~48841396 F-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 F-PO 0.00000000 113.~~57352171~~13206641 ~~998~~978.~~42647829~~80864842 0.~~99842648~~97880865 113.~~57352171~~13206641 MF-1 0.00000000 0.~~63667591~~65626506 ~~999~~997.~~36332409~~41571639 0.~~99936332~~99741572 0.~~63667591~~65626506 MF-2 0.00000000 0.~~63667567~~65626508 ~~999~~997.~~36332433~~41571583 0.~~99936332~~99741572 0.~~63667567~~65626508 MF-3 0.00000000 0.~~63667652~~65626509 ~~999~~997.~~36332348~~41571569 0.~~99936332~~99741572 0.~~63667652~~65626509 BF-1 0.00000000 0.~~63667627~~65626575 ~~999~~997.~~36332373~~41571840 0.~~99936332~~99741572 0.~~63667627~~65626575 BF-2 0.00000000 0.~~63667518~~65626650 ~~999~~997.~~36332482~~41571733 0.~~99936332~~99741572 0.~~63667518~~65626650 BF-3 0.00000000 0.~~63667784~~65626337 ~~999~~997.~~36332216~~41581773 0.~~99936332~~99741582 0.~~63667784~~65626337 A-R 0.00000000 ~~1000~~0.00000000 0.00000000 0.00000000 ~~1000~~0.00000000 P 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 1AF-1 0508/01/07 - 0508/30/07 30 5.75000% 9,125,900.00 43,728.27 0.00 1AF-2 0508/01/07 - 0508/30/07 30 5.75000% 7372,~~193~~575,~~000~~886.0001 ~~350~~347,~~716~~759.4645 0.00 1AF-3 0508/01/07 - 0508/30/07 30 5.75000% 8,940,000.00 42,837.50 0.00 1AF-4 0508/01/07 - 0508/30/07 30 6.00000% 8,795,000.00 43,975.00 0.00 1AF-5 0508/01/07 - 0508/30/07 30 6.00000% 977,000.00 4,885.00 0.00 1AF-6 0508/01/07 - 0508/30/07 30 6.00000% 3433,~~133~~289,~~000~~645.0095 ~~170~~166,~~665~~448.0023 0.00 1AF-7 0508/01/07 - 0508/30/07 30 6.00000% 3,~~793~~699,~~000~~283.0001 18,~~965~~496.0042 0.00 1AF-8 0508/01/07 - 0508/30/07 30 6.00000% 4645,~~355~~812,~~000~~420.0025 ~~231~~229,~~775~~062.0010 0.00 1AF-9 0508/01/07 - 0508/30/07 30 6.00000% 3,665,000.00 18,325.00 0.00 1AF-10 0508/25/07 - 0609/24/07 30 5.~~67000~~85500% ~~167~~160,~~598~~602,~~000~~588.0017 ~~791~~783,~~900~~606.5579 0.00 1AF-11 0508/25/07 - 0609/24/07 30 5.~~67000~~85500% 1817,~~622~~844,~~000~~732.0002 87,~~988~~067.9542 0.00 1AF-12 0508/25/07 - 0609/24/07 30 1.~~33000~~14500% ~~186~~178,~~220~~447,~~000~~320.0019 ~~206~~170,~~393~~268.8348 0.00 2AF-1 0508/01/07 - 0508/30/07 30 6.50000% 1413,~~700~~781,~~000~~584.0099 7974,~~625~~650.0025 0.00 2AF-2 0508/01/07 - 0508/30/07 30 6.50000% 1,~~633~~530,~~000~~974.0071 8,~~845~~292.4278 0.00 F-IO 0508/01/07 - 0508/30/07 30 5.~~83306~~82874% 98,~~208~~672,~~734~~229.3665 4442,~~762~~123.6050 0.00 F-PO N/A N/A 0.00000% 7,~~484~~424,~~637~~316.7593 0.00 0.00 MF-1 0508/01/07 - 0508/30/07 30 6.~~42689~~42718% 11,~~537~~514,~~000~~756.0045 61,~~789~~672.1887 0.00 MF-2 0508/01/07 - 0508/30/07 30 6.~~42689~~42718% 5,~~553~~542,~~000~~293.0071 29,~~740~~684.4344 0.00 MF-3 0508/01/07 - 0508/30/07 30 6.~~42689~~42718% 4,~~059~~051,~~000~~174.0017 21,~~738~~698.9503 0.00 BF-1 0508/01/07 - 0508/30/07 30 6.~~42689~~42718% 2,~~777~~771,~~000~~645.0089 14,~~872~~844.89 0.00 BF-2 0508/01/07 - 0508/30/07 30 6.~~42689~~42718% 2,~~349~~344,~~000~~471.0008 12,~~580~~556.6395 0.00 BF-3 0508/01/07 - 0508/30/07 30 6.~~42689~~42718% 1,~~923~~919,~~358~~650.9183 10,~~301~~281.0162 0.00 A-R 05N/~~01/07~~A ~~- 05~~N/~~30/07~~A 30 5.75000% ~~100~~0.00 0.4800 0.00 P N/A N/A 0.00000% 0.00 0.00 0.00 Totals 2,~~296~~232,~~412~~264.1599 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 1AF-1 0.00 0.00 43,728.27 0.00 9,125,900.00 1AF-2 0.00 0.00 ~~350~~347,~~716~~759.4645 0.00 7372,~~086~~485,~~362~~964.5687 1AF-3 0.00 0.00 42,837.50 0.00 8,940,000.00 1AF-4 0.00 0.00 43,975.00 0.00 8,795,000.00 1AF-5 0.00 0.00 4,885.00 0.00 977,000.00 1AF-6 0.00 0.00 ~~170~~166,~~665~~448.0023 0.00 3332,~~990~~853,~~510~~151.2906 1AF-7 0.00 0.00 18,~~965~~496.0042 0.00 3,~~777~~650,~~165~~777.9590 1AF-8 0.00 0.00 ~~231~~229,~~775~~062.0010 0.00 4645,~~355~~410,~~000~~124.0019 1AF-9 0.00 0.00 18,325.00 0.00 3,665,000.00 1AF-10 0.00 0.00 ~~791~~783,~~900~~606.5579 0.00 ~~165~~158,~~459~~346,~~512~~683.1465 1AF-11 0.00 0.00 87,~~988~~067.9542 0.00 1817,~~384~~594,~~390~~075.2496 1AF-12 0.00 0.00 ~~206~~170,~~393~~268.8348 0.00 ~~183~~175,~~843~~940,~~902~~759.3861 2AF-1 0.00 0.00 7974,~~625~~650.0025 0.00 1412,~~659~~069,~~616~~205.7028 2AF-2 0.00 0.00 8,~~845~~292.4278 0.00 1,~~628~~340,~~513~~749.8813 F-IO 0.00 0.00 4442,~~762~~123.6050 0.00 98,~~124~~426,~~359~~547.5752 F-PO 0.00 0.00 0.00 0.00 7,~~472~~326,~~860~~028.5116 MF-1 0.00 0.00 61,~~789~~672.1887 0.00 11,~~529~~507,~~654~~185.6712 MF-2 0.00 0.00 29,~~740~~684.4344 0.00 5,~~549~~538,~~464~~649.5447 MF-3 0.00 0.00 21,~~738~~698.9503 0.00 4,~~056~~048,~~415~~510.7339 BF-1 0.00 0.00 14,~~872~~844.89 0.00 2,~~775~~769,~~231~~823.9545 BF-2 0.00 0.00 12,~~580~~556.6395 0.00 2,~~347~~342,~~504~~929.4552 BF-3 0.00 0.00 10,~~301~~281.0162 0.00 1,~~922~~918,~~134~~388.3560 A-R 0.00 0.00 0.4801 0.00 0.00 P 0.00 0.00 ~~656~~0.00 0.00 0.00 Totals 0.00 0.00 2,~~297~~232,~~068~~265.1500 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 1AF-1 9,125,900.00 5.75000% 1000.00000000 4.79166658 0.00000000 1AF-2 73,193,000.00 5.75000% ~~1000~~991.~~00000000~~56867474 4.~~79166669~~75126651 0.00000000 1AF-3 8,940,000.00 5.75000% 1000.00000000 4.79166667 0.00000000 1AF-4 8,795,000.00 6.00000% 1000.00000000 5.00000000 0.00000000 1AF-5 977,000.00 6.00000% 1000.00000000 5.00000000 0.00000000 1AF-6 34,133,000.00 6.00000% ~~1000~~975.~~00000000~~29212053 54.~~00000000~~87646061 0.00000000 1AF-7 3,793,000.00 6.00000% ~~1000~~975.~~00000000~~29211969 54.~~00000000~~87646190 0.00000000 1AF-8 46,355,000.00 6.00000% ~~1000~~988.~~00000000~~29511919 54.~~00000000~~94147557 0.00000000 1AF-9 3,665,000.00 6.00000% 1000.00000000 5.00000000 0.00000000 1AF-10 167,598,000.00 5.~~67000~~85500% ~~1000~~958.~~00000000~~26076785 4.~~72500000~~67551397 0.00000000 1AF-11 18,622,000.00 5.~~67000~~85500% ~~1000~~958.~~00000000~~26076791 4.~~72500000~~67551391 0.00000000 1AF-12 0.00 1.~~33000~~14500% ~~1000~~958.~~00000000~~26076786 10.~~10833332~~91434046 0.00000000 2AF-1 14,700,000.00 6.50000% ~~1000~~937.~~00000000~~52278844 5.~~41666667~~07824830 0.00000000 2AF-2 1,633,000.00 6.50000% ~~1000~~937.~~00000000~~52278628 5.~~41666871~~07824862 0.00000000 F-IO 0.00 5.~~83306~~82874% ~~1000~~941.~~00000000~~73958233 4.~~86088514~~57429852 0.00000000 F-PO 7,484,637.75 0.00000% ~~1000~~991.~~00000000~~94071617 0.00000000 0.00000000 MF-1 11,537,000.00 6.~~42689~~42718% ~~1000~~998.~~00000000~~07198145 5.~~35574066~~34565918 0.00000000 MF-2 5,553,000.00 6.~~42689~~42718% ~~1000~~998.~~00000000~~07198091 5.~~35574104~~34565820 0.00000000 MF-3 4,059,000.00 6.~~42689~~42718% ~~1000~~998.~~00000000~~07198078 5.~~35574033~~34565903 0.00000000 BF-1 2,777,000.00 6.~~42689~~42718% ~~1000~~998.~~00000000~~07198055 5.~~35574001~~34565718 0.00000000 BF-2 2,349,000.00 6.~~42689~~42718% ~~1000~~998.~~00000000~~07197957 5.~~35573861~~34565773 0.00000000 BF-3 1,923,358.91 6.~~42689~~42718% ~~1000~~998.~~00000000~~07208110 5.~~35573987~~34565855 0.00000000 A-R 100.00 5.75000% ~~1000~~0.00000000 40.~~80000000~~00000000 0.00000000 P 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 1AF-1 0.00000000 0.00000000 4.79166658 0.00000000 1000.00000000 1AF-2 0.00000000 0.00000000 4.~~79166669~~75126651 0.00000000 ~~998~~990.~~54306505~~34012638 1AF-3 0.00000000 0.00000000 4.79166667 0.00000000 1000.00000000 1AF-4 0.00000000 0.00000000 5.00000000 0.00000000 1000.00000000 1AF-5 0.00000000 0.00000000 5.00000000 0.00000000 1000.00000000 1AF-6 0.00000000 0.00000000 54.~~00000000~~87646061 0.00000000 ~~995~~962.~~82545601~~50405941 1AF-7 0.00000000 0.00000000 54.~~00000000~~87646190 0.00000000 ~~995~~962.~~82545479~~50406011 1AF-8 0.00000000 0.00000000 54.~~00000000~~94147557 0.00000000 ~~1000~~979.~~00000000~~61652875 1AF-9 0.00000000 0.00000000 5.00000000 0.00000000 1000.00000000 1AF-10 0.00000000 0.00000000 4.~~72500000~~67551397 0.00000000 ~~987~~944.~~24037363~~80055639 1AF-11 0.00000000 0.00000000 4.~~72500000~~67551391 0.00000000 ~~987~~944.~~24037375~~80055633 1AF-12 0.00000000 0.00000000 10.~~10833332~~91434046 0.00000000 ~~987~~944.~~24037364~~80055638 2AF-1 0.00000000 0.00000000 5.~~41666667~~07824830 0.00000000 ~~997~~821.~~25283673~~03437279 2AF-2 0.00000000 0.00000000 5.~~41666871~~07824862 0.00000000 ~~997~~821.~~25283527~~03437232 F-IO 0.00000000 0.00000000 4.~~86088514~~57429852 0.00000000 ~~990~~915.~~83752591~~06033192 F-PO 0.00000000 0.00000000 0.00000000 0.00000000 ~~998~~978.~~42647829~~80864842 MF-1 0.00000000 0.00000000 5.~~35574066~~34565918 0.00000000 ~~999~~997.~~36332409~~41571639 MF-2 0.00000000 0.00000000 5.~~35574104~~34565820 0.00000000 ~~999~~997.~~36332433~~41571583 MF-3 0.00000000 0.00000000 5.~~35574033~~34565903 0.00000000 ~~999~~997.~~36332348~~41571569 BF-1 0.00000000 0.00000000 5.~~35574001~~34565718 0.00000000 ~~999~~997.~~36332373~~41571840 BF-2 0.00000000 0.00000000 5.~~35573861~~34565773 0.00000000 ~~999~~997.~~36332482~~41571733 BF-3 0.00000000 0.00000000 5.~~35573987~~34565855 0.00000000 ~~999~~997.~~36332216~~41581773 A-R 0.00000000 0.00000000 40.~~80000000~~10000000 0.00000000 0.00000000 P 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 57,~~033~~906,~~771~~341.7651 Reserve Funds and Credit Enhancements 0.00 Proceeds from Repurchased Loans 0.00 Servicer Advances 69187,~~882~~821.6838 Gains & Subsequent Recoveries (Realized Losses) 0.00 Prepayment Penalties ~~656~~0.00 Total Deposits 58,~~104~~094,~~310~~162.4489 Withdrawals Reserve Funds and Credit Enhancements 0.00 Reimbursement for Servicer Advances 0270,188.0088 Total Administration Fees 9088,~~827~~531.5958 Payment of Interest and Principal 57,~~012~~735,~~826~~442.8543 Total Withdrawals (Pool Distribution Amount) 58,~~103~~094,~~654~~162.4489 Ending Balance 0.00 Servicer Advances are calculated as delinquent scheduled principal and interest.

ADMINISTRATION FEES Gross Servicing Fee* 8986,~~002~~710.7107 LPMI Fees (see NOTE for payees) 1,~~824~~821.8851 Supported Prepayment/Curtailment Interest Shortfall 0.00 Total Administration Fees 9088,~~827~~531.5958 *Servicer Payees include: GREENPOINT MORTGAGE FUNDING, INC.; PHH MORTGAGE CORPORATION; ~~WILSHIRE~~WELLS ~~CREDIT~~FARGO ~~CORP~~BANK, N.A. NOTE: LPMI Insurers include Triad Guaranty Insurance, Radian Guaranty, Primary Mortgage Insurance Company, and Mortgage Guaranty Insurance Corporation.

Collateral Statement Group Group 1 Group 2 Collateral Description Fixed 30 Year Fixed 30 Year Weighted Average Coupon Rate 6.~~700132~~686810 6.~~825306~~793327 Weighted Average Net Rate 6.~~450132~~436810 6.~~575306~~543327 Weighted Average Pass-Through Rate 6.~~445629~~432201 6.~~556361~~523314 Weighted Average Remaining Term ~~356~~353 ~~175~~172 Principal And Interest Constant 2,~~516~~458,~~762~~712.0339 ~~144~~137,~~284~~939.9570 Beginning Loan Count 1,~~338~~306 7169 Loans Paid in Full 710 04 Ending Loan Count 1,~~331~~296 7165 Beginning Scheduled Balance ~~408~~398,~~803~~839,~~806~~238.4854 1817,~~409~~369,~~190~~085.1863 Ending Scheduled Balance ~~406~~395,~~139~~333,~~615~~104.6604 1815,~~357~~372,~~622~~042.5173 Actual Ending Collateral Balance ~~406~~395,~~302~~513,~~446~~251.3817 1815,~~385~~399,~~066~~493.0475 Scheduled Principal ~~234~~236,~~228~~243.9891 39,~~577~~611.9947 Unscheduled Principal 23,~~429~~269,~~961~~890.8459 111,~~989~~957,431.6843 Negative Amortized Principal 0.00 0.00 Scheduled Interest 2,~~282~~222,~~533~~468.0548 ~~104~~98,~~706~~328.9623 Servicing Fees 8583,~~167~~091.4651 3,~~835~~618.2556 Master Servicing Fees 0.00 0.00 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 1,~~534~~531.2584 ~~290~~289.6367 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 2,~~195~~137,~~831~~845.3413 ~~100~~94,~~581~~420.0800 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 ~~656~~0.00 0.00 Prepayment Penalty Paid Count 10 0 Special Servicing Fee 0.00 0.00 NOTE: MANA 2007-AF1 is a two stack deal. Stack I includes collateral groups 1 and 2, while Stack II includes collateral group 3.

Collateral Statement Group Total Collateral Description Fixed Weighted Average Coupon Rate 6.~~705526~~691255 Weighted Average Net Rate 6.~~455526~~441255 Weighted Average Pass-Through Rate 6.~~450400~~436003 Weighted Average Remaining Term ~~348~~345 Principal And Interest Constant 2,~~661~~596,~~046~~652.9809 Beginning Loan Count 1,~~409~~375 Loans Paid in Full 714 Ending Loan Count 1,~~402~~361 Beginning Scheduled Balance ~~427~~416,~~212~~208,~~996~~324.6617 Ending Scheduled Balance ~~424~~410,~~497~~705,~~238~~146.1777 Actual Ending Collateral Balance ~~424~~410,~~687~~912,~~512~~744.4292 Scheduled Principal ~~273~~275,~~806~~855.9738 Unscheduled Principal 25,~~441~~227,~~951~~322.5202 Negative Amortized Principal 0.00 Scheduled Interest 2,~~387~~320,~~240~~796.0171 Servicing Fees 8986,~~002~~710.7107 Master Servicing Fees 0.00 Trustee Fee 0.00 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 1,~~824~~821.8851 Pool Insurance Fee 0.00 Spread 1 0.00 Spread 2 0.00 Spread 3 0.00 Net Interest 2,~~296~~232,~~412~~265.4213 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 ~~656~~0.00 Prepayment Penalty Paid Count 10 Special Servicing Fee 0.00 NOTE: MANA 2007-AF1 is a two stack deal. Stack I includes collateral groups 1 and 2, while Stack II includes collateral group 3.

Additional Reporting - Deal Level Informational Reporting Group 1 Available Distribution Amount 45,~~860~~643,~~022~~979.1155 Group 2 Available Distribution Amount ~~152~~2,~~148~~091,462.7289 Mortgage Group 1 PPIS 0.00 Mortgage Group 2 PPIS 0.00 Extraordinary Trust Fund Expenses 0.00 Miscellaneous Reporting Subgroup 1 Beginning Principal Balance 9897,~~176~~541,~~787~~277.3183 Subgroup 1 Ending Principal Balance 9897,~~063~~445,~~988~~194.6665 Subgroup 2 Beginning Principal Balance ~~104~~103,~~623~~131,~~595~~200.8967 Subgroup 2 Ending Principal Balance ~~104~~102,~~461~~239,~~048~~584.8023 Subgroup 3 Beginning Principal Balance ~~199~~191,~~379~~590,~~028~~649.6911 Subgroup 3 Ending Principal Balance ~~196~~189,~~997~~078,~~774~~715.4113 Structural Reporting Subgroup 1 Non-PO Senior Percentage 92.~~953744~~926593% Subgroup 2 Non-PO Senior Percentage 93.~~399581~~316425% Subgroup 3 Non-PO Senior Percentage 93.~~399994~~139890% Group Two Non-PO Senior Percentage 9392.~~071111~~686105% Subgroup 1 Non-PO Senior Prep. Perc. 100.000000% Subgroup 2 Non-PO Senior Prep. Perc. 100.000000% Subgroup 3 Non-PO Senior Prep. Perc. 100.000000% Group Two Non-PO Senior Prep. Perc. 100.000000% Subgroup 1 Non-PO Subordinate Percentage 7.~~046256~~073407% Subgroup 2 Non-PO Subordinate Percentage 6.~~600419~~683575% Subgroup 3 Non-PO Subordinate Percentage 6.~~600006~~860110% Group Two Non-PO Subordinate Percentage 67.~~928889~~313895% Subgroup 1 Non-PO Sub. Prep. Percentage 0.000000% Subgroup 2 Non-PO Sub. Prep. Percentage 0.000000% Subgroup 3 Non-PO Sub. Prep. Percentage 0.000000% Group Two Non-PO Sub. Prep. Percentage 0.000000% Trigger Event Reporting Subgroup 1 6-Month Delinquency Balance 0415,069.0059 Subgroup 2 6-Month Delinquency Balance 751,~~669~~524,068.5439 Subgroup 3 6-Month Delinquency Balance ~~126~~15,~~115~~819,914.8941 Subgroup 1 Delinquency Trigger Trigger Result Pass Threshold Value 50.000000% Calculated Value 01.~~000000~~503986% Subgroup 1 Cumulative Loss Trigger Trigger Result Pass Threshold Value 30.000000% Calculated Value 0.000000% Shifting Interest Subgroup 1 Delinq./Loss Trigger Trigger Result Pass Subgroup 2 Delinquency Trigger Trigger Result Pass Threshold Value 50.000000% Calculated Value 15.~~095771~~527714% Subgroup 2 Cumulative Loss Trigger Trigger Result Pass Threshold Value 30.000000% Calculated Value 0.000000% Shifting Interest Subgroup 2 Delinq./Loss Trigger Trigger Result Pass Subgroup 3 Delinquency Trigger Trigger Result Pass Threshold Value 50.000000% Calculated Value 030.~~958398~~091148% Subgroup 3 Cumulative Loss Trigger Trigger Result Pass Threshold Value 30.000000% Calculated Value 0.000000% Shifting Interest Subgroup 3 Delinq./Loss Trigger Trigger Result Pass Group Two Delinquency Trigger Trigger Result Pass Threshold Value 50.000000% Calculated Value 1027.~~603695~~199285% Group Two Cumulative Loss Trigger Trigger Result Pass Threshold Value 30.000000% Calculated Value 0.000000% Shifting Interest Group Two Delinq./Loss Trigger Trigger Result Pass

Delinquency Status - MBA Delinquency Calculation Method DELINQUENT BANKRUPTCY FORECLOSURE REO Total No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance 0-29 Days 12 0 0 12 ~~128~~610,~~935~~068.3213 0.00 0.00 ~~128~~610,~~935~~068.3213 30 Days 3541 0 0 0 3541 1012,~~956~~248,~~963~~002.5402 0.00 0.00 0.00 1012,~~956~~248,~~963~~002.5402 60 Days 120 0 0 0 120 ~~201~~5,~~785~~268,886.4334 0.00 0.00 0.00 ~~201~~5,~~785~~268,886.4334 90 Days 013 0 08 0 021 04,944,512.0062 0.00 03,362,353.00 0.00 08,306,865.0062 120 Days 01 0 012 0 013 0134,900.00 0.00 03,973,909.0030 0.00 04,108,809.0030 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 3675 12 020 0 3797 1122,~~158~~596,~~748~~300.9798 ~~128~~610,~~935~~068.3213 07,336,262.0030 0.00 1130,~~287~~542,~~684~~631.2941 No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance 0-29 Days 0.~~071327~~146951% 0.000000% 0.000000% 0.~~071327~~146951% 0.~~030374~~148542% 0.000000% 0.000000% 0.~~030374~~148542% 30 Days 23.~~496434~~012491% 0.000000% 0.000000% 0.000000% 23.~~496434~~012491% 2.~~581163~~982189% 0.000000% 0.000000% 0.000000% 2.~~581163~~982189% 60 Days 01.~~071327~~469508% 0.000000% 0.000000% 0.000000% 01.~~071327~~469508% 01.~~047535~~282888% 0.000000% 0.000000% 0.000000% 01.~~047535~~282888% 90 Days 0.~~000000~~955180% 0.000000% 0.~~000000~~587803% 0.000000% 01.~~000000~~542983% 01.~~000000~~203908% 0.000000% 0.~~000000~~818678% 0.000000% 02.~~000000~~022586% 120 Days 0.~~000000~~073475% 0.000000% 0.~~000000~~881705% 0.000000% 0.~~000000~~955180% 0.~~000000~~032846% 0.000000% 0.~~000000~~967582% 0.000000% 01.~~000000~~000428% 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 25.~~567760~~510654% 0.~~071327~~146951% 01.~~000000~~469508% 0.000000% 27.~~639087~~127112% 25.~~628698~~501830% 0.~~030374~~148542% 01.~~000000~~786260% 0.000000% 27.~~659071~~436632% 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 69187,~~882~~821.6838

Delinquency Status By Group DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 1 - MBA No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance 0-29 Days 01 0 0 01 0481,464.0032 0.00 0.00 0481,464.0032 30 Days 3540 0 0 0 3540 1012,~~956~~159,~~963~~283.5484 0.00 0.00 0.00 1012,~~956~~159,~~963~~283.5484 60 Days 120 0 0 0 120 ~~201~~5,~~785~~268,886.4334 0.00 0.00 0.00 ~~201~~5,~~785~~268,886.4334 90 Days 012 0 08 0 020 04,544,885.0079 0.00 03,362,353.00 0.00 07,907,238.0079 120 Days 01 0 012 0 013 0134,900.00 0.00 03,973,909.0030 0.00 04,108,809.0030 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 3673 01 020 0 3694 1122,~~158~~107,~~748~~955.97 0481,464.0032 07,336,262.0030 0.00 1129,~~158~~925,~~748~~682.9759 0-29 Days 0.~~000000~~077160% 0.000000% 0.000000% 0.~~000000~~077160% 0.~~000000~~121787% 0.000000% 0.000000% 0.~~000000~~121787% 30 Days 23.~~629602~~086420% 0.000000% 0.000000% 0.000000% 23.~~629602~~086420% 23.~~697832~~075706% 0.000000% 0.000000% 0.000000% 23.~~697832~~075706% 60 Days 01.~~075131~~543210% 0.000000% 0.000000% 0.000000% 01.~~075131~~543210% 01.~~049684~~332771% 0.000000% 0.000000% 0.000000% 01.~~049684~~332771% 90 Days 0.~~000000~~925926% 0.000000% 0.~~000000~~617284% 0.000000% 01.~~000000~~543210% 01.~~000000~~149635% 0.000000% 0.~~000000~~850511% 0.000000% 02.~~000000~~000146% 120 Days 0.~~000000~~077160% 0.000000% 0.~~000000~~925926% 0.000000% 01.~~000000~~003086% 0.~~000000~~034123% 0.000000% 01.~~000000~~005205% 0.000000% 01.~~000000~~039328% 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 25.~~704733~~632716% 0.~~000000~~077160% 01.~~000000~~543210% 0.000000% 27.~~704733~~253086% 25.~~747516~~592235% 0.~~000000~~121787% 01.~~000000~~855717% 0.000000% 27.~~747516~~569739% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 2 - MBA No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance 0-29 Days 1 0 0 1 128,~~935~~603.3281 0.00 0.00 128,~~935~~603.3281 30 Days 01 0 0 0 01 088,718.0018 0.00 0.00 0.00 088,718.0018 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 01 0 0 0 01 0399,626.0083 0.00 0.00 0.00 0399,626.0083 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 02 1 0 0 13 0488,345.0001 128,~~935~~603.3281 0.00 0.00 ~~128~~616,~~935~~948.3282 0-29 Days 1.~~408451~~538462% 0.000000% 0.000000% 1.~~408451~~538462% 0.~~702353~~836608% 0.000000% 0.000000% 0.~~702353~~836608% 30 Days 01.~~000000~~538462% 0.000000% 0.000000% 0.000000% 01.~~000000~~538462% 0.~~000000~~577140% 0.000000% 0.000000% 0.000000% 0.~~000000~~577140% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 01.~~000000~~538462% 0.000000% 0.000000% 0.000000% 01.~~000000~~538462% 02.~~000000~~599699% 0.000000% 0.000000% 0.000000% 02.~~000000~~599699% 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 03.~~000000~~076923% 1.~~408451~~538462% 0.000000% 0.000000% 14.~~408451~~615385% 03.~~000000~~176839% 0.~~702353~~836608% 0.000000% 0.000000% 04.~~702353~~013447% 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 ~~Detail~~History* -New ~~All~~Foreclosure ~~Mortgage~~Loans Month Foreclosure Percentage Loans in Foreclosure ~~during~~20 Oct-06 0.000% Original Principal Balance 7,348,164.00 Nov-06 0.000% Current ~~Period~~Scheduled ~~Summary~~Balance 7,336,262.30 Dec-06 No0.000% Jan-07 0.000% Current Foreclosure ~~Information~~Total toFeb-07 0.000% Loans in Foreclosure 20 Mar-07 0.000% Original Principal Balance 7,348,164.00 Apr-07 0.000% Current Scheduled Balance 7,336,262.30 May-07 0.000% Jun-07 0.000% Jul-07 0.000% Aug-07 0.000% Sep-07 1.786% *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. Group 1 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 20 Oct-06 No0.000% Original Principal Balance 7,348,164.00 Nov-06 0.000% Current Scheduled Balance 7,336,262.30 Dec-06 0.000% Jan-07 0.000% Current Foreclosure ~~Information~~Total toFeb-07 0.000% Loans in Foreclosure 20 Mar-07 0.000% Original Principal Balance 7,348,164.00 Apr-07 0.000% Current Scheduled Balance 7,336,262.30 May-07 0.000% Jun-07 0.000% Jul-07 0.000% Aug-07 0.000% Sep-07 1.856% *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. Group 2 - No Foreclosure Information to report this period.

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 NoGroup ~~Foreclosure~~1 ~~Loans~~0001450074 ~~this~~Sep-2007 ~~Period~~01-Dec-2006 FL 80.00 660,000.00 Group 1 0001565690 Sep-2007 01-Apr-2007 CA 79.95 311,000.00 Group 1 0001579741 Sep-2007 01-Apr-2007 NY 80.00 280,000.00 Group 1 0001598010 Sep-2007 01-Apr-2007 MD 80.00 272,800.00 Group 1 0001599452 Sep-2007 01-Apr-2007 FL 80.00 117,600.00 Group 1 0001603587 Sep-2007 01-Apr-2007 NH 80.00 454,000.00 Group 1 0001613154 Sep-2007 01-Apr-2007 MD 76.23 263,000.00 Group 1 0001615206 Sep-2007 01-Apr-2007 NY 80.00 760,000.00 Group 1 0001619869 Sep-2007 01-Apr-2007 CA 80.00 247,200.00 Group 1 0001622046 Sep-2007 01-Apr-2007 IL 75.00 270,000.00 Group 1 0001622613 Sep-2007 01-Apr-2007 IL 67.26 417,000.00 Group 1 0001627900 Sep-2007 01-Apr-2007 WA 80.00 296,000.00 Group 1 0001630467 Sep-2007 01-Apr-2007 FL 80.00 519,200.00 Group 1 0001632175 Sep-2007 01-Apr-2007 CA 80.00 960,000.00 Group 1 0001633408 Sep-2007 01-Apr-2007 VA 80.00 205,600.00 Group 1 0001633571 Sep-2007 01-Apr-2007 FL 80.00 168,800.00 Group 1 0001642117 Sep-2007 01-Apr-2007 MN 80.00 176,000.00 Group 1 0001654398 Sep-2007 01-Apr-2007 IN 80.00 309,964.00 Group 1 0091740357 Sep-2007 01-Apr-2007 FL 80.00 244,000.00 Group 1 0101270676 Sep-2007 01-Nov-2006 TX 80.00 416,000.00

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period (continued) Current Paid Current Approximate Loan Scheduled To Months Loan Delinquent Group Number Balance Date Delinquent Rate Interest NoGroup ~~Foreclosure~~1 ~~Loans~~0001450074 ~~this~~660,000.00 ~~Period~~01-Apr-2007 4 8.125% 17,325.00 Group 1 0001565690 311,000.00 01-Apr-2007 4 7.250% 7,256.68 Group 1 0001579741 280,000.00 01-May-2007 3 7.875% 7,116.68 Group 1 0001598010 272,800.00 01-Apr-2007 4 7.875% 6,933.68 Group 1 0001599452 117,600.00 01-Apr-2007 4 7.750% 2,939.76 Group 1 0001603587 454,000.00 01-Apr-2007 4 8.625% 12,674.20 Group 1 0001613154 263,000.00 01-Apr-2007 4 6.875% 5,807.92 Group 1 0001615206 756,966.17 01-May-2007 3 8.125% 19,903.88 Group 1 0001619869 246,212.99 01-Apr-2007 4 8.125% 6,473.99 Group 1 0001622046 265,923.30 01-Apr-2007 4 8.250% 7,104.47 Group 1 0001622613 417,000.00 01-Apr-2007 4 7.625% 10,251.24 Group 1 0001627900 296,000.00 01-May-2007 3 8.125% 7,770.00 Group 1 0001630467 519,200.00 01-May-2007 3 8.125% 13,629.00 Group 1 0001632175 960,000.00 01-May-2007 3 8.125% 25,200.00 Group 1 0001633408 205,386.83 01-May-2007 3 7.250% 4,792.36 Group 1 0001633571 168,800.00 01-May-2007 3 6.875% 3,727.64 Group 1 0001642117 176,000.00 01-May-2007 3 7.500% 4,253.32 Group 1 0001654398 309,964.00 01-Apr-2007 4 7.750% 7,749.08 Group 1 0091740357 244,000.00 01-Apr-2007 4 7.625% 5,998.36 Group 1 0101270676 412,409.01 01-Apr-2007 4 7.375% 9,814.56

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period

Summary 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 01 ~~Jul~~Oct-06 0.000% Original Principal Balance 0484,000.00 ~~Aug~~Nov-06 0.000% Current Scheduled Balance 0481,464.0032 ~~Sep~~Dec-06 0.000% ~~Oct~~Jan-0607 0.000% Current Bankruptcy Total ~~Nov~~Feb-0607 0.000% Loans in Bankruptcy 12 ~~Dec~~Mar-0607 0.000% Original Principal Balance ~~129~~613,600.00 ~~Jan~~Apr-07 0.000% Current Scheduled Balance ~~128~~610,~~935~~068.3213 ~~Feb~~May-07 0.000% ~~Mar~~Jun-07 0.~~000~~030% ~~Apr~~Jul-07 0.~~000~~031% ~~May~~Aug-07 0.~~000~~031% ~~Jun~~Sep-07 0.~~030~~149% *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. Group 1 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 1 Oct-06 No0.000% Original Principal Balance 484,000.00 Nov-06 0.000% Current Scheduled Balance 481,464.32 Dec-06 0.000% Jan-07 0.000% Current Bankruptcy ~~Information~~Total toFeb-07 0.000% Loans in Bankruptcy 1 Mar-07 0.000% Original Principal Balance 484,000.00 Apr-07 0.000% Current Scheduled Balance 481,464.32 May-07 0.000% Jun-07 0.000% Jul-07 0.000% Aug-07 0.000% Sep-07 0.122% *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. Group 2 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 ~~Jul~~Oct-06 0.000% Original Principal Balance 0.00 ~~Aug~~Nov-06 0.000% Current Scheduled Balance 0.00 ~~Sep~~Dec-06 0.000% ~~Oct~~Jan-0607 0.000% Current Bankruptcy Total ~~Nov~~Feb-0607 0.000% Loans in Bankruptcy 1 ~~Dec~~Mar-0607 0.000% Original Principal Balance 129,600.00 ~~Jan~~Apr-07 0.000% Current Scheduled Balance 128,~~935~~603.3281 ~~Feb~~May-07 0.000% ~~Mar~~Jun-07 0.~~000~~702% ~~Apr~~Jul-07 0.~~000~~718% ~~May~~Aug-07 0.~~000~~741% ~~Jun~~Sep-07 0.~~702~~837% *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.

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period Group Loan Month Loan First State LTV at Original Number Entered Payment Origination Principal Bankruptcy Date Balance Group 1 0091846386 Sep-2007 01-Apr-2007 NV 80.00 484,000.00 Group 2 0203280748 ~~Jun~~Sep-2007 01-May-2007 MI 80.00 129,600.00

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period (continued) Group Loan Current Paid To Months Current Approximate Number Scheduled Date Delinquent Loan Rate Delinquent Balance Interest Group 1 0091846386 481,464.32 01-Aug-2007 0 6.750% 5,222.82 Group 2 0203280748 128,~~935~~603.3281 01-~~Jun~~Sep-2007 (1) 7.125% ~~741~~737.8841

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 Group 1 710 23,~~278~~243,~~894~~520.00 23,~~278~~232,~~500~~985.2672 0 0.00 0.00 Group 2 04 01,999,500.00 01,948,806.0088 0 0.00 0.00 Total 714 25,~~278~~243,~~894~~020.00 25,~~278~~181,~~500~~792.2660 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 Group 1 0 0.00 0.00 0 0.00 0.00 ~~151~~38,~~627~~400.7940 Group 2 0 0.00 0.00 0 0.00 0.00 1114,~~989~~123.6857 Total 0 0.00 0.00 0 0.00 0.00 ~~163~~52,~~617~~523.4797

Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount Group 1 ~~0001602246~~0001609146 CA 5980.4600 01-Apr-2007 ~~330~~552,000.00 ~~330~~549,851.42 Group 1 0001611788 AZ 78.05 01-Apr-2007 416,000.00 413,897.26 Group 1 ~~0001603388~~0001613842 OHNM 80.00 01-~~Apr~~Mar-2007 65132,~~600~~000.00 65132,~~456~~000.6600 Group 1 ~~0001617859~~0001619978 TXAZ 80.00 01-Apr-2007 73183,~~600~~920.00 73183,~~422~~920.3700 Group 1 ~~0001620834~~0001621113 FLMA 7580.00 01-Apr-2007 ~~405~~364,~~694~~000.00 ~~405~~362,~~629~~353.5961 Group 1 ~~0001629436~~0001625768 AZNH 80.00 01-Apr-2007 ~~760~~276,000.00 ~~760~~274,588.70 Group 1 0001630095 IL 80.00 01-Apr-2007 136,000.00 135,457.07 Group 1 ~~0001632385~~0001644186 COIL 7080.00 01-Apr-2007 84239,600.00 235,470.72 Group 1 0001646823 MN 80.00 01-Apr-2007 152,000.00 83151,~~825~~951.4341 Group 1 ~~0002186661~~6200031970 AZMA 7880.3200 01-~~Mar~~Jan-2007 ~~560~~792,000.00 ~~560~~792,000.00 Group 2 0091839167 IN 75.00 01-Apr-2007 240,000.00 238,941.09 Group 2 0091936609 CA 40.00 01-May-2007 316,000.00 314,782.90 Group 2 0092000793 CA 67.36 01-May-2007 970,000.00 953,848.10 Group 2 7079856642 CA 32.66 01-Dec-2005 473,500.00 435,735.77

Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning Group 1 ~~0001602246~~0001609146 Loan Paid in Full 0 78.~~000~~250% 360 25 Group 1 ~~0001603388~~0001611788 Loan Paid in Full 0 7.~~625~~375% 360 25 Group 1 ~~0001617859~~0001613842 Loan Paid in Full 0 7.~~125~~250% 360 26 Group 1 ~~0001620834~~0001619978 Loan Paid in Full 01 7.500% 360 25 Group 1 ~~0001629436~~0001621113 Loan Paid in Full 0 7.~~250~~500% 360 25 Group 1 ~~0001632385~~0001625768 Loan Paid in Full 0 76.875% 360 25 Group 1 ~~0002186661~~0001630095 Loan Paid in Full 0 8.125% 360 5 Group 1 0001644186 Loan Paid in Full 0 7.750% 360 5 Group 1 0001646823 Loan Paid in Full 0 7.625% 360 35 Group 1 6200031970 Loan Paid in Full 0 6.350% 360 8 Group 2 0091839167 Loan Paid in Full 0 7.625% 180 5 Group 2 0091936609 Loan Paid in Full 0 7.375% 180 4 Group 2 0092000793 Loan Paid in Full 0 6.500% 180 4 Group 2 7079856642 Loan Paid in Full 0 6.000% 180 21

Prepayment Penalty Detail - Prepayment Penalty Paid during Current Period Prepayment Prepayment Summary Loan Prior Penalty Penalty Count Balance Amount Waived Group 1 10 ~~65,504~~0.7400 ~~656~~0.00 0.00 Group 2 0 0.00 0.00 0.00 Total 10 ~~65,504~~0.7400 ~~656~~0.00 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 ~~Group~~No 1Prepayment ~~0001603388~~Penalties ~~05/24/2007~~this ~~65,504.74 656.00 0.00~~Period

Prepayment Rates

Summary SMM CPR PSA Current Month 01.~~572~~257% Current Month 614.~~652~~081% Current Month ~~878~~1,035.~~826~~227% 3 Month Average 01.~~000~~030% 3 Month Average 011.~~000~~667% 3 Month Average 01,010.~~000~~764% 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. ~~Jul~~Oct-2006 N/A N/A ~~Jul~~Oct-2006 N/A N/A ~~Aug~~Nov-2006 N/A N/A ~~Aug~~Nov-2006 N/A N/A ~~Sep~~Dec-2006 N/A N/A ~~Sep~~Dec-2006 N/A N/A ~~Oct~~Jan-~~2006~~2007 N/A N/A ~~Oct~~Jan-~~2006~~2007 N/A N/A ~~Nov~~Feb-~~2006~~2007 N/A N/A ~~Nov~~Feb-~~2006~~2007 N/A N/A ~~Dec~~Mar-~~2006~~2007 N/A N/A ~~Dec~~Mar-~~2006~~2007 N/A N/A ~~Jan~~Apr-2007 N/A N/A ~~Jan~~Apr-2007 N/A N/A ~~Feb~~May-2007 N/A N/A ~~Feb~~May-2007 N/A N/A ~~Mar~~Jun-2007 ~~N/A~~6.652% N/A ~~Mar~~Jun-2007 ~~N/A~~878.826% N/A ~~Apr~~Jul-2007 ~~N/A~~10.566% N/A ~~Apr~~Jul-2007 ~~N/A~~1,104.254% N/A ~~May~~Aug-2007 ~~N/A~~10.355% N/A ~~May~~Aug-2007 ~~N/A~~892.810% N/A ~~Jun~~Sep-2007 614.~~652~~081% N/A ~~Jun~~Sep-2007 ~~878~~1,035.~~826~~227% 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. Group 1 SMM CPR PSA Current Month 0.~~595~~820% Current Month 69.~~908~~412% Current Month ~~927~~697.~~710~~951% 3 Month Average 0.~~000~~837% 3 Month Average 09.~~000~~592% 3 Month Average 0857.~~000~~536% 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. ~~Jul~~Oct-2006 N/A N/A ~~Jul~~Oct-2006 N/A N/A ~~Aug~~Nov-2006 N/A N/A ~~Aug~~Nov-2006 N/A N/A ~~Sep~~Dec-2006 N/A N/A ~~Sep~~Dec-2006 N/A N/A ~~Oct~~Jan-~~2006~~2007 N/A N/A ~~Oct~~Jan-~~2006~~2007 N/A N/A ~~Nov~~Feb-~~2006~~2007 N/A N/A ~~Nov~~Feb-~~2006~~2007 N/A N/A ~~Dec~~Mar-~~2006~~2007 N/A N/A ~~Dec~~Mar-~~2006~~2007 N/A N/A ~~Jan~~Apr-2007 N/A N/A ~~Jan~~Apr-2007 N/A N/A ~~Feb~~May-2007 N/A N/A ~~Feb~~May-2007 N/A N/A ~~Mar~~Jun-2007 ~~N/A~~6.908% N/A ~~Mar~~Jun-2007 ~~N/A~~927.710% N/A ~~Apr~~Jul-2007 ~~N/A~~9.982% N/A ~~Apr~~Jul-2007 ~~N/A~~1,056.732% N/A ~~May~~Aug-2007 ~~N/A~~9.382% N/A ~~May~~Aug-2007 ~~N/A~~817.925% N/A ~~Jun~~Sep-2007 69.~~908~~412% N/A ~~Jun~~Sep-2007 ~~927~~697.~~710~~951% 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. Group 2 SMM CPR PSA Current Month 011.~~065~~295% Current Month 076.~~780~~267% Current Month 754,590.~~920~~172% 3 Month Average 05.~~000~~442% 3 Month Average 042.~~000~~925% 3 Month Average 02,827.~~000~~566% 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. ~~Jul~~Oct-2006 N/A N/A ~~Jul~~Oct-2006 N/A N/A ~~Aug~~Nov-2006 N/A N/A ~~Aug~~Nov-2006 N/A N/A ~~Sep~~Dec-2006 N/A N/A ~~Sep~~Dec-2006 N/A N/A ~~Oct~~Jan-~~2006~~2007 N/A N/A ~~Oct~~Jan-~~2006~~2007 N/A N/A ~~Nov~~Feb-~~2006~~2007 N/A N/A ~~Nov~~Feb-~~2006~~2007 N/A N/A ~~Dec~~Mar-~~2006~~2007 N/A N/A ~~Dec~~Mar-~~2006~~2007 N/A N/A ~~Jan~~Apr-2007 N/A N/A ~~Jan~~Apr-2007 N/A N/A ~~Feb~~May-2007 N/A N/A ~~Feb~~May-2007 N/A N/A ~~Mar~~Jun-2007 ~~N/A~~0.780% N/A ~~Mar~~Jun-2007 ~~N/A~~75.920% N/A ~~Apr~~Jul-2007 ~~N/A~~22.647% N/A ~~Apr~~Jul-2007 ~~N/A~~1,839.351% N/A ~~May~~Aug-2007 ~~N/A~~29.861% N/A ~~May~~Aug-2007 ~~N/A~~2,053.175% N/A ~~Jun~~Sep-2007 076.~~780~~267% N/A ~~Jun~~Sep-2007 754,590.~~920~~172% 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))

Repurchases ~~Current~~Due to Breaches Beginning Loan Scheduled Payoff Current Current Number Balance Balance Rate Payment No Repurchases Due to Breaches this Period

~~Breaches~~Repurchases ~~Current~~Due to Other Beginning Loan Scheduled Payoff Current Current Number Balance Balance Rate Payment No ~~Breaches~~Repurchases Due to Other this Period

Interest Rate Stratification Summary Group 1 Current Number of Outstanding Percentage of Number of Outstanding Percentage of Interest Rate Loans Scheduled Balance(%) Loans Scheduled Balance(%) Range(%) Balance($) Balance($) < 5.250 0 0.00 0.000 0 0.00 0.000 5.250 5.499 9089 37,~~560~~200,~~221~~789.2781 89.~~848~~058 8988 3736,~~261~~909,~~962~~011.3050 9.~~175~~336 5.500 5.749 36 14,~~237~~190,~~670~~945.8361 3.~~354~~455 35 13,~~614~~575,~~328~~877.5801 3.~~352~~434 5.750 5.999 100 47,~~911~~729,~~423~~228.9232 11.~~287~~621 95 45,~~369~~231,~~844~~024.7299 11.~~171~~441 6.000 6.249 3735 1514,~~584~~707,~~633~~145.9645 3.~~671~~581 3332 1413,~~070~~646,~~825~~994.0986 3.~~465~~452 6.250 6.499 8582 3836,~~038~~691,~~649~~964.8193 8.~~961~~934 8279 3635,~~888~~554,~~791~~120.6169 98.~~083~~993 6.500 6.749 ~~141~~140 4846,~~261~~858,~~774~~681.1537 11.~~369~~409 135 4645,~~203~~770,~~554~~836.7251 11.~~376~~578 6.750 6.999 ~~221~~218 6463,~~392~~531,~~293~~496.7279 15.~~169~~469 ~~217~~214 6362,~~707~~850,~~418~~278.5321 15.~~686~~898 7.000 7.249 ~~126~~123 28,~~677~~129,~~680~~037.9208 6.~~756~~849 ~~112~~109 26,~~713~~171,~~019~~228.0640 6.~~577~~620 7.250 7.499 ~~220~~213 5048,~~626~~537,~~436~~498.9152 11.~~926~~818 ~~204~~199 4746,~~722~~478,~~981~~410.6747 11.~~750~~757 7.500 7.749 ~~138~~130 2927,~~770~~265,~~549~~481.6571 76.~~013~~639 ~~130~~123 2725,~~611~~349,~~102~~852.0052 6.~~798~~412 7.750 7.999 9892 2219,~~465~~995,~~709~~484.3014 54.~~292~~869 9085 2018,~~227~~149,~~994~~483.7703 4.~~981~~591 8.000 8.249 6763 1716,~~277~~884,~~283~~673.8107 4.~~070~~111 6763 1716,~~277~~884,~~283~~673.8107 4.~~254~~271 8.250 8.499 2422 5,~~681~~030,~~199~~433.0457 1.~~338~~225 2422 5,~~681~~030,~~199~~433.0457 1.~~399~~272 8.500 8.749 1312 2,~~654~~597,~~273~~163.4632 0.~~625~~632 1211 2,~~431~~375,~~872~~756.3413 0.~~599~~601 8.750 8.999 6 1,~~357~~355,~~437~~123.4208 0.~~320~~330 6 1,~~357~~355,~~437~~123.4208 0.~~334~~343 >= 9.000 0 0.00 0.000 0 0.00 0.000 Total 1,~~402~~361 ~~424~~410,~~497~~705,~~238~~146.1777 100.000 1,~~331~~296 ~~406~~395,~~139~~333,~~615~~104.6604 100.000

Interest Rate Stratification (continued) Group 2 Current Number of Outstanding Percentage of Interest Rate Loans Scheduled Balance(%) Range(%) Balance($) < 5.250 0 0.00 0.000 5.250 5.499 1 ~~298~~291,~~258~~778.9731 1.~~625~~898 5.500 5.749 1 ~~623~~615,~~342~~068.2560 34.~~396~~001 5.750 5.999 5 2,~~541~~498,~~579~~203.2033 1316.~~845~~252 6.000 6.249 43 1,~~513~~060,~~808~~150.8759 86.~~246~~897 6.250 6.499 3 1,~~149~~137,~~858~~844.2024 67.~~264~~402 6.500 6.749 65 21,~~058~~087,~~219~~844.4386 117.~~212~~077 6.750 6.999 4 ~~684~~681,~~875~~218.1958 34.~~731~~432 7.000 7.249 14 1,~~964~~957,~~661~~808.8668 1012.~~702~~736 7.250 7.499 1614 2,~~903~~059,~~455~~088.2405 1513.~~816~~395 7.500 7.749 87 21,~~159~~915,~~447~~629.6519 1112.~~763~~462 7.750 7.999 87 21,~~237~~846,~~714~~001.5311 12.~~190~~009 8.000 8.249 0 0.00 0.000 8.250 8.499 0 0.00 0.000 8.500 8.749 1 ~~222~~221,~~401~~407.1219 1.~~211~~440 8.750 8.999 0 0.00 0.000 >= 9.000 0 0.00 0.000 Total 7165 1815,~~357~~372,~~622~~042.5173 100.000

EX-99.2 Merrill Lynch Alternative Note Asset Trust Mortgage Pass-Through Certificates Distribution Date: 9/25/2007 Merrill Lynch Alternative Note Asset Trust Mortgage Pass-Through Certificates Series 2007-AF1 (Stack II) Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 8480 Stagecoach Circle Frederick, MD 21701-4747 www.ctslink.com Telephone: 1-866-846-4526 Fax: 240-586-8675

Certificateholder Distribution Summary Class CUSIP Record Certificate Beginning Interest Date Pass-Through Certificate Distribution Rate Balance AV-1 59024KAX1 0508/31/2007 5.~~68946~~67541% ~~221~~213,~~603~~798,~~000~~415.0009 1,~~050~~011,~~667~~161.7950 AV-2 59024KAY9 0508/31/2007 5.~~68946~~67541% 2423,~~622~~754,~~000~~843.0047 ~~116~~112,~~738~~348.2374 AV-IO 59024KAZ6 0508/31/2007 0.57620% 0.00 ~~118~~114,~~229~~065.0416 MV-1 59024KBA0 0508/31/2007 6.~~26566~~25161% 6,~~917~~915,~~000~~243.0001 36,~~116~~026.3117 MV-2 59024KBB8 0508/31/2007 6.~~26566~~25161% 4,~~522~~520,~~000~~851.0036 23,~~611~~552.0917 MV-3 59024KBC6 0508/31/2007 6.~~26566~~25161% 2,~~793~~792,~~000~~290.0055 14,~~583~~546.3293 BV-1 59024KBD4 0508/31/2007 6.~~26566~~25161% 2,~~394~~393,~~000~~391.0090 12,~~499~~468.9980 BV-2 59024KBE2 0508/31/2007 6.~~26566~~25161% 1,~~729~~728,~~000~~560.0082 9,~~027~~005.7724 BV-3 59024KBF9 0508/31/2007 6.~~26566~~25161% 1,465,~~993~~621.7032 7,~~654~~635.5141 P 0508/31/2007 0.00000% 0.00 0.00 Totals ~~266~~257,~~045~~369,~~993~~217.7052 1,~~389~~340,~~128~~810.0512

Certificateholder Distribution Summary (continued) Class Principal Current Ending Total Cumulative Distribution Realized Certificate Distribution Realized Loss Balance Losses AV-1 51,~~461~~018,~~532~~666.0179 0.00 ~~216~~212,~~141~~779,~~467~~748.9931 62,~~512~~029,~~199~~828.8029 0.00 AV-2 ~~606~~113,~~823~~182.2064 0.00 2423,~~015~~641,~~176~~660.8082 ~~723~~225,~~561~~531.4338 0.00 AV-IO 0.00 0.00 0.00 ~~118~~114,~~229~~065.0416 0.00 MV-1 ~~572~~602.8685 0.00 6,~~916~~914,~~427~~640.1415 36,~~689~~629.1702 0.00 MV-2 ~~374~~394.5112 0.00 4,~~521~~520,~~625~~457.4925 23,~~985~~946.6029 0.00 MV-3 ~~231~~243.3143 0.00 2,792,~~768~~047.6912 14,~~814~~790.6336 0.00 BV-1 ~~198~~208.2765 0.00 2,393,~~801~~183.7325 12,~~698~~677.2645 0.00 BV-2 ~~143~~150.1969 0.00 1,728,~~856~~410.8112 9,~~170~~155.9693 0.00 BV-3 ~~121~~127.4177 0.00 1,465,~~872~~493.2955 7,~~775~~763.9218 0.00 P 0.00 0.00 0.00 0.00 0.00 Totals 61,~~069~~133,~~996~~576.7694 0.00 ~~259~~256,~~975~~235,~~996~~640.9457 72,~~459~~474,~~124~~387.8106 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 Face Certificate Principal Principal Amount Balance Distribution Distribution AV-1 221,603,000.00 ~~221~~213,~~603~~798,~~000~~415.0009 18,~~352~~638.9744 51,~~443~~000,~~179~~028.0435 0.00 AV-2 24,622,000.00 2423,~~622~~754,~~000~~843.0047 2,~~039~~070.1789 ~~604~~111,~~784~~111.0375 0.00 AV-IO 0.00 0.00 0.00 0.00 0.00 MV-1 6,917,000.00 6,~~917~~915,~~000~~243.0001 ~~572~~602.8685 0.00 0.00 MV-2 4,522,000.00 4,~~522~~520,~~000~~851.0036 ~~374~~394.5112 0.00 0.00 MV-3 2,793,000.00 2,~~793~~792,~~000~~290.0055 ~~231~~243.3143 0.00 0.00 BV-1 2,394,000.00 2,~~394~~393,~~000~~391.0090 ~~198~~208.2765 0.00 0.00 BV-2 1,729,000.00 1,~~729~~728,~~000~~560.0082 ~~143~~150.1969 0.00 0.00 BV-3 1,465,993.70 1,465,~~993~~621.7032 ~~121~~127.4177 0.00 0.00 P 0.00 0.00 0.00 0.00 0.00 Totals 266,045,993.70 ~~266~~257,~~045~~369,~~993~~217.7052 22,~~033~~436.6984 61,~~047~~111,~~963~~140.0710 0.00

Principal Distribution Statement (continued) Class Realized Total Ending Ending Total Loss Principal Certificate Certificate Principal Reduction Balance Percentage Distribution AV-1 0.00 51,~~461~~018,~~532~~666.0179 ~~216~~212,~~141~~779,~~467~~748.9931 0.~~97535443~~96018442 51,~~461~~018,~~532~~666.0179 AV-2 0.00 ~~606~~113,~~823~~182.2064 2423,~~015~~641,~~176~~660.8082 0.~~97535443~~96018442 ~~606~~113,~~823~~182.2064 AV-IO 0.00 0.00 0.00 0.00000000 0.00 MV-1 0.00 ~~572~~602.8685 6,~~916~~914,~~427~~640.1415 0.~~99991718~~99965883 ~~572~~602.8685 MV-2 0.00 ~~374~~394.5112 4,~~521~~520,~~625~~457.4925 0.~~99991718~~99965883 ~~374~~394.5112 MV-3 0.00 ~~231~~243.3143 2,792,~~768~~047.6912 0.~~99991718~~99965883 ~~231~~243.3143 BV-1 0.00 ~~198~~208.2765 2,393,~~801~~183.7325 0.~~99991718~~99965883 ~~198~~208.2765 BV-2 0.00 ~~143~~150.1969 1,728,~~856~~410.8112 0.~~99991718~~99965883 ~~143~~150.1969 BV-3 0.00 ~~121~~127.4177 1,465,~~872~~493.2955 0.~~99991718~~99965883 ~~121~~127.4177 P 0.00 0.00 0.00 0.00000000 0.00 Totals $0.00 61,~~069~~133,~~996~~576.7694 ~~259~~256,~~975~~235,~~996~~640.9457 0.~~97718441~~96312535 61,~~069~~133,~~996~~576.7694

Principal Distribution Factors Statement Class Original Beginning Scheduled UnScheduled Accretion Face Certificate Principal Principal Amount Balance Distribution Distribution AV-1 221,603,000.00 ~~1000~~964.~~00000000~~78123080 0.~~08281914~~08410735 244.~~56274978~~51270222 0.00000000 AV-2 24,622,000.00 ~~1000~~964.~~00000000~~78123101 0.~~08281902~~08410730 244.~~56274998~~51270206 0.00000000 AV-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 MV-1 6,917,000.00 ~~1000~~999.~~00000000~~74598959 0.~~08281914~~08715484 0.00000000 0.00000000 MV-2 4,522,000.00 ~~1000~~999.~~00000000~~74598850 0.~~08281955~~08715613 0.00000000 0.00000000 MV-3 2,793,000.00 ~~1000~~999.~~00000000~~74598997 0.~~08281776~~08715718 0.00000000 0.00000000 BV-1 2,394,000.00 ~~1000~~999.~~00000000~~74598997 0.~~08281955~~08715539 0.00000000 0.00000000 BV-2 1,729,000.00 ~~1000~~999.~~00000000~~74599190 0.~~08281666~~08715442 0.00000000 0.00000000 BV-3 1,465,993.70 ~~1000~~999.~~00000000~~74598799 0.~~08281755~~08715590 0.00000000 0.00000000 P 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 AV-1 0.00000000 244.~~64556892~~59680956 ~~975~~960.~~35443108~~18442128 0.~~97535443~~96018442 244.~~64556892~~59680956 AV-2 0.00000000 244.~~64556900~~59680936 ~~975~~960.~~35443100~~18442125 0.~~97535443~~96018442 244.~~64556900~~59680936 AV-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 MV-1 0.00000000 0.~~08281914~~08715484 999.~~91718086~~65883331 0.~~99991718~~99965883 0.~~08281914~~08715484 MV-2 0.00000000 0.~~08281955~~08715613 999.~~91718045~~65883459 0.~~99991718~~99965883 0.~~08281955~~08715613 MV-3 0.00000000 0.~~08281776~~08715718 999.~~91718224~~65883280 0.~~99991718~~99965883 0.~~08281776~~08715718 BV-1 0.00000000 0.~~08281955~~08715539 999.~~91718045~~65883459 0.~~99991718~~99965883 0.~~08281955~~08715539 BV-2 0.00000000 0.~~08281666~~08715442 999.~~91718334~~65883169 0.~~99991718~~99965883 0.~~08281666~~08715442 BV-3 0.00000000 0.~~08281755~~08715590 999.~~91718245~~65883209 0.~~99991718~~99965883 0.~~08281755~~08715590 P 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 AV-1 0508/01/07 - 0508/30/07 30 5.~~68946~~67541% ~~221~~213,~~603~~798,~~000~~415.0009 1,~~050~~011,~~667~~161.7950 0.00 AV-2 0508/01/07 - 0508/30/07 30 5.~~68946~~67541% 2423,~~622~~754,~~000~~843.0047 ~~116~~112,~~738~~348.2374 0.00 AV-IO 0508/01/07 - 0508/30/07 30 0.57620% ~~246~~237,~~225~~553,~~000~~258.0056 ~~118~~114,~~229~~065.0416 0.00 MV-1 0508/01/07 - 0508/30/07 30 6.~~26566~~25161% 6,~~917~~915,~~000~~243.0001 36,~~116~~026.3117 0.00 MV-2 0508/01/07 - 0508/30/07 30 6.~~26566~~25161% 4,~~522~~520,~~000~~851.0036 23,~~611~~552.0917 0.00 MV-3 0508/01/07 - 0508/30/07 30 6.~~26566~~25161% 2,~~793~~792,~~000~~290.0055 14,~~583~~546.3293 0.00 BV-1 0508/01/07 - 0508/30/07 30 6.~~26566~~25161% 2,~~394~~393,~~000~~391.0090 12,~~499~~468.9980 0.00 BV-2 0508/01/07 - 0508/30/07 30 6.~~26566~~25161% 1,~~729~~728,~~000~~560.0082 9,~~027~~005.7724 0.00 BV-3 0508/01/07 - 0508/30/07 30 6.~~26566~~25161% 1,465,~~993~~621.7032 7,~~654~~635.5141 0.00 P N/A N/A 0.00000% 0.00 0.00 0.00 Totals 1,~~389~~340,~~128~~810.0512 0.00

Interest Distribution Factors Statement Class Original Current Beginning Current Payment of Face Certificate Certificate/ Accrued Unpaid Interest Amount Rate Notional Interest Shortfall (1) Balance AV-1 221,603,000.00 5.~~68946~~67541% ~~1000~~964.~~00000000~~78123080 4.~~74121645~~56294139 0.00000000 AV-2 24,622,000.00 5.~~68946~~67541% ~~1000~~964.~~00000000~~78123101 4.~~74121639~~56294127 0.00000000 AV-IO 0.00 0.57620% ~~1000~~964.~~00000000~~78123083 0.~~48016668~~46325580 0.00000000 MV-1 6,917,000.00 6.~~26566~~25161% ~~1000~~999.~~00000000~~74598959 5.~~22138355~~20835189 0.00000000 MV-2 4,522,000.00 6.~~26566~~25161% ~~1000~~999.~~00000000~~74598850 5.~~22138213~~20835250 0.00000000 MV-3 2,793,000.00 6.~~26566~~25161% ~~1000~~999.~~00000000~~74598997 5.~~22138203~~20835303 0.00000000 BV-1 2,394,000.00 6.~~26566~~25161% ~~1000~~999.~~00000000~~74598997 5.~~22138262~~20835422 0.00000000 BV-2 1,729,000.00 6.~~26566~~25161% ~~1000~~999.~~00000000~~74599190 5.~~22138230~~20835165 0.00000000 BV-3 1,465,993.70 6.~~26566~~25161% ~~1000~~999.~~00000000~~74598799 5.~~22137987~~20835117 0.00000000 P 0.00 0.00000% 0.00000000 0.00000000 0.00000000

Certificateholder Account Statement CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 72,~~451~~530,~~997~~141.4624 Reserve Funds and Credit Enhancements 0.00 Proceeds from Repurchased Loans 0.00 Servicer Advances 5278,~~676~~131.5109 Gains & Subsequent Recoveries (Realized Losses) 0.00 Prepayment Penalties 0.00 Total Deposits 72,~~504~~608,~~673~~272.9733 Withdrawals Reserve Funds and Credit Enhancements 0.00 Reimbursement for Servicer Advances 089,793.0056 Total Administration Fees 4544,~~549~~091.1671 Payment of Interest and Principal 72,~~459~~474,~~124~~387.8106 Total Withdrawals (Pool Distribution Amount) 72,~~504~~608,~~673~~272.9733 Ending Balance 0.00 Servicer Advances are calculated as delinquent scheduled principal and interest.

ADMINISTRATION FEES Gross Servicing Fee* 4543,~~192~~735.5510 LPMI Fees (see NOTE for payees) 356.61 Supported Prepayment/Curtailment Interest Shortfall 0.00 Total Administration Fees 4544,~~549~~091.1671 *Servicer Payees include: COUNTRYWIDE HOME LOANS SERVICING LP; GREENPOINT MORTGAGE FUNDING, INC.; ~~PHH MORTGAGE CORPORATION;~~ RESIDENTIAL FUNDING CORPORATION, LLC; WELLS FARGO BANK, N.A.; ~~WILSHIRE CREDIT CORP~~ NOTE: LPMI Insurers include Triad Guaranty Insurance, Radian Guaranty, Primary Mortgage Insurance Company, and Mortgage Guaranty Insurance Corporation.

Collateral Statement Total Collateral Description Mixed ARM Weighted Average Coupon Rate 6.~~471110~~457191 Weighted Average Net Rate 6.~~267269~~253274 Weighted Average Pass-Through Rate 6.~~265660~~251611 Weighted Average Remaining Term ~~358~~355 Principal And Interest Constant 1,~~456~~407,~~711~~338.0172 Beginning Loan Count ~~429~~414 Loans Paid in Full 111 Ending Loan Count ~~418~~413 Beginning Scheduled Balance ~~266~~257,~~045~~369,~~993~~217.7051 Ending Scheduled Balance ~~259~~256,~~975~~235,~~996~~640.9357 Actual Ending Collateral Balance 256,259,~~996,550~~304.9764 Scheduled Principal 22,~~033~~436.7084 Unscheduled Principal 61,~~047~~111,~~963~~140.0710 Negative Amortized Principal 0.00 Scheduled Interest 1,~~434~~384,~~677~~901.3188 Servicing Fees 4543,~~192~~735.5510 Master Servicing Fees 0.00 Trustee Fee 0.00 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 356.61 Pool Insurance Fee 0.00 Spread 1 0.00 Spread 2 0.00 Spread 3 0.00 Net Interest 1,~~389~~340,~~128~~810.1517 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 0.00 Prepayment Penalty Paid Count 0 Special Servicing Fee 0.00 NOTE: MANA 2007-AF1 is a two stack deal. Stack I includes collateral groups 1 and 2, while Stack II includes collateral group 3.

Additional Reporting - Deal Level Informational Reporting Group 3 Available Distribution Amount 72,~~459~~474,~~124~~387.8306 Prepayment Interest Shortfalls 0.00 Extraordinary Trust Expenses 0.00 Structural Reporting Senior Percentage 92.~~549787~~300571% Senior Prepayment Percentage 100.000000% Subordinate Percentage 7.~~450213~~699429% Subordinate Prepayment Percentage 0.000000% Trigger Event Reporting Senior 6-Month Avg. Delinquency Trigger Trigger Result Pass Threshold Value 50.000000% Calculated Value 225.~~462036~~866674% Subordinate 6-Month Avg. Delinquency Trigger Trigger Result Pass Threshold Value 2.000000% Calculated Value 01.~~187710~~979758% Cumulative Loss Trigger Trigger Result Pass Threshold Value 30.000000% Calculated Value 0.000000% Senior Prep. Percentage Delinquency/Loss Trigger Trigger Result Pass Senior Two Times Delinquency Test Trigger Trigger Result Pass Threshold Value 50.000000% Calculated Value 225.~~462036~~866674% Two Times Cumulative Loss Trigger Trigger Result Pass Threshold Value 20.000000% Calculated Value 0.000000% Subordinate Two Times Delinquency Test Trigger Trigger Result Pass

Delinquency Status - MBA Delinquency Calculation Method DELINQUENT BANKRUPTCY FORECLOSURE REO Total No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 1713 0 0 0 1713 94,~~091~~603,~~575~~715.2357 0.00 0.00 0.00 94,~~091~~603,~~575~~715.2357 60 Days 9 1 0 0 010 ~~1 487~~3,~~999~~597,118.9962 0472,000.00 0.00 0.00 ~~487~~4,~~999~~069,118.9962 90 Days 04 0 0 0 04 02,171,889.0053 0.00 0.00 0.00 02,171,889.0053 120 Days 02 0 04 0 06 01,100,000.00 0.00 01,434,076.0006 0.00 02,534,076.0006 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 1828 01 04 0 1833 911,~~579~~472,~~575~~723.2272 0472,000.00 01,434,076.0006 0.00 913,~~579~~378,~~575~~799.2278 No. of Loans No. of Loans No. of Loans No. of Loans No. of Loans Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance Scheduled Balance 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 43.~~066986~~147700% 0.000000% 0.000000% 0.000000% 43.~~066986~~147700% 31.~~497083~~796673% 0.000000% 0.000000% 0.000000% 31.~~497083~~796673% 60 Days 02.~~239234~~179177% 0.~~000000~~242131% 0.000000% 0.000000% 02.~~239234~~421308% 01.~~187710~~403832% 0.~~000000~~184205% 0.000000% 0.000000% 01.~~187710~~588038% 90 Days 0.~~000000~~968523% 0.000000% 0.000000% 0.000000% 0.~~000000~~968523% 0.~~000000~~847614% 0.000000% 0.000000% 0.000000% 0.~~000000~~847614% 120 Days 0.~~000000~~484262% 0.000000% 0.~~000000~~968523% 0.000000% 01.~~000000~~452785% 0.~~000000~~429292% 0.000000% 0.~~000000~~559671% 0.000000% 0.~~000000~~988963% 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 46.~~306220~~779661% 0.~~000000~~242131% 0.~~000000~~968523% 0.000000% 47.~~306220~~990315% 34.~~684792~~477411% 0.~~000000~~184205% 0.~~000000~~559671% 0.000000% 35.~~684792~~221288% 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 5278,~~676~~131.5109

Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period

Summary 12 Month Foreclosure ~~Detail~~History* -New ~~All~~Foreclosure ~~Mortgage~~Loans Month Foreclosure Percentage Loans in Foreclosure ~~during~~4 Oct-06 0.000% Original Principal Balance 1,435,200.00 Nov-06 0.000% Current ~~Period~~Scheduled ~~Summary~~Balance 1,434,076.06 Dec-06 No0.000% Jan-07 0.000% Current Foreclosure ~~Information~~Total toFeb-07 0.000% Loans in Foreclosure 4 Mar-07 0.000% Original Principal Balance 1,435,200.00 Apr-07 0.000% Current Scheduled Balance 1,434,076.06 May-07 0.000% Jun-07 0.000% Jul-07 0.000% Aug-07 0.190% Sep-07 0.560% *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.

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period

Summary 12 Month Bankruptcy ~~Detail~~History* -New ~~All~~Bankruptcy ~~Mortgage~~Loans Month Bankruptcy Percentage Loans in Bankruptcy ~~during~~0 Oct-06 0.000% Original Principal Balance 0.00 Nov-06 0.000% Current ~~Period~~Scheduled ~~Summary~~Balance 0.00 Dec-06 No0.000% Jan-07 0.000% Current Bankruptcy ~~Information~~Total toFeb-07 0.000% Loans in Bankruptcy 1 Mar-07 0.000% Original Principal Balance 472,000.00 Apr-07 0.000% Current Scheduled Balance 472,000.00 May-07 0.000% Jun-07 0.000% Jul-07 0.000% Aug-07 0.183% Sep-07 0.184% *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.

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period Group Loan Month Loan First State LTV at Original Number Entered Payment Origination Principal Bankruptcy Date Balance NoSummary ~~Bankruptcy~~7100320642 ~~Loans~~Aug-2007 ~~this~~01-Nov-2006 ~~Period~~MD 80.00 472,000.00

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period (continued) Group Loan Current Paid To Months Current Approximate Number Scheduled Date Delinquent Loan Rate Delinquent Balance Interest NoSummary ~~Bankruptcy~~7100320642 ~~Loans~~472,000.00 ~~this~~01-Jun-2007 ~~Period~~2 7.500% 11,406.68

Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount Summary ~~0147059090~~0150668010 CA 7030.0014 01-Feb-2007 700,000.00 700,000.00 Summary 0148630046 CO 80.00 01-Jan-2007 736,000.00 736,000.00 Summary 0149196489 CA 62.36 01-May-2007 663,000.00 662,900.00 Summary 0152930892 CA 80.00 01-Apr-2007 504,280.00 504,280.00 Summary 0156263043 AZ 75.19 01-Apr-2007 485,000.00 485,000.00 Summary 0157198846 CA 80.00 01-Apr-2007 503,840.00 503,840.00 Summary 0158263488 KY 80.00 01-Mar-2007 ~~516~~1,~~000.00 516~~100,000.00 ~~Summary 0164700944 FL 80.00 01-May-2007 518~~1,~~706.00 518~~100,~~706.00 Summary 0164905897 CA 71.63 01-May-2007 770,~~000.00 ~~770,000.00 Summary 0165532438 CA 70.00 01-May-2007 420,000.00 418,628.01 Summary 7100327985 CO 70.00 01-Dec-2006 227,500.00 227,500.00~~

Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning Summary ~~0147059090~~0150668010 Loan Paid in Full 0 6.~~500% 360 4 Summary 0148630046 Loan Paid in Full 0 7.125% 360 5 Summary 0149196489 Loan Paid in Full 0 6.500% 360 1 Summary 0152930892 Loan Paid in Full 0 6.~~000% 360 ~~2 Summary 0156263043 Loan Paid in Full 0 7.375% 360 2 Summary 0157198846 Loan Paid in Full 0~~ 6.500% 360 2 Summary 0158263488 Loan Paid in Full 0 6.875% 360 3 Summary 0164700944 Loan Paid in Full 0 6.250% 360 1 Summary 0164905897 Loan Paid in Full 0 8.375% 360 1 Summary 0165532438 Loan Paid in Full 0 6.000% 360 1 Summary 7100327985 Loan Paid in Full 0 7.125% 360 6

Prepayment Rates

Summary SMM CPR PSA Current Month 20.~~273~~432% Current Month 245.~~116~~060% Current Month ~~5,143~~474.~~779~~190% 3 Month Average 0.~~000~~473% 3 Month Average 05.~~000~~500% 3 Month Average 0627.~~000~~607% 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. ~~Jul~~Oct-2006 N/A N/A ~~Jul~~Oct-2006 N/A N/A ~~Aug~~Nov-2006 N/A N/A ~~Aug~~Nov-2006 N/A N/A ~~Sep~~Dec-2006 N/A N/A ~~Sep~~Dec-2006 N/A N/A ~~Oct~~Jan-~~2006~~2007 N/A N/A ~~Oct~~Jan-~~2006~~2007 N/A N/A ~~Nov~~Feb-~~2006~~2007 N/A N/A ~~Nov~~Feb-~~2006~~2007 N/A N/A ~~Dec~~Mar-~~2006~~2007 N/A N/A ~~Dec~~Mar-~~2006~~2007 N/A N/A ~~Jan~~Apr-2007 N/A N/A ~~Jan~~Apr-2007 N/A N/A ~~Feb~~May-2007 N/A N/A ~~Feb~~May-2007 N/A N/A ~~Mar~~Jun-2007 ~~N/A~~24.116% N/A ~~Mar~~Jun-2007 ~~N/A~~5,143.779% N/A ~~Apr~~Jul-2007 ~~N/A~~2.638% N/A ~~Apr~~Jul-2007 ~~N/A~~394.124% N/A ~~May~~Aug-2007 ~~N/A~~8.802% N/A ~~May~~Aug-2007 ~~N/A~~1,014.507% N/A ~~Jun~~Sep-2007 245.~~116~~060% N/A ~~Jun~~Sep-2007 ~~5,143~~474.~~779~~190% 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))

Repurchases ~~Current~~Due to Breaches Beginning Loan Scheduled Payoff Current Current Number Balance Balance Rate Payment No Repurchases Due to Breaches this Period

~~Breaches~~Repurchases ~~Current~~Due to Other Beginning Loan Scheduled Payoff Current Current Number Balance Balance Rate Payment No ~~Breaches~~Repurchases Due to Other this Period

Interest Rate Stratification Summary Current Number of Outstanding Percentage of Interest Rate Loans Scheduled Balance(%) Range(%) Balance($) < 4.750 0 0.00 0.000 4.750 4.999 2 1,153,927.00 0.~~444~~450 5.000 5.249 7 3,842,~~156~~115.2573 1.~~478~~499 5.250 5.499 9 5,~~238~~231,~~066~~255.3752 2.~~015~~042 5.500 5.749 23 15,~~982~~973,~~096~~156.6792 6.~~148~~234 5.750 5.999 50 37,~~191~~173,~~988~~384.6451 14.~~306~~507 6.000 6.249 5251 3534,~~666~~536,~~122~~632.6050 13.~~719~~478 6.250 6.499 6766 4342,~~958~~832,~~494~~139.9857 16.~~909~~716 6.500 6.749 50 27,~~898~~888,~~331~~700.8027 10.~~731~~884 6.750 6.999 5958 3736,~~264~~755,~~418~~878.5119 14.~~334~~345 7.000 7.249 13 7,~~115~~114,~~780~~294.0652 2.~~737~~776 7.250 7.499 23 13,~~711~~703,~~535~~426.0447 5.~~274~~348 7.500 7.749 2726 1716,~~141~~570,~~595~~032.5615 6.~~594~~467 7.750 7.999 23 9,~~200~~198,~~593~~423.2501 3.~~539~~590 8.000 8.249 4 1,~~658~~657,~~153~~324.1762 0.~~638~~647 8.250 8.499 5 1,~~631~~630,~~269~~261.4258 0.~~627~~636 8.500 8.749 2 417,105.00 0.~~160~~163 8.750 8.999 0 0.00 0.000 9.000 9.249 21 ~~904~~557,~~362~~583.6101 0.~~348~~218 >= 9.250 0 0.00 0.000 Total ~~418~~413 ~~259~~256,~~975~~235,~~996~~640.9357 100.000

Filing Compare · Merrill Lynch Alternative Note Asset Trust, Series 2007-AF1