Distribution Date:

Determination Date:

06/26/2006

06/19/2006

Lehman XS Trust

Mortgage Pass-Through Certificates Series 2006-5


*CONTACT INFORMATION*

Depositor	Structured Asset Securities Corporation
	745 Seventh Avenue, 7th Floor
	New York, NY 10019

Underwriter	Lehman Brothers
	745 Seventh Avenue, 7th Floor
	New York, NY 10019

Master Servicer	Aurora Loan Services LLC
	327 Inverness Dr South
	Englewood, CO 80112

Trustee	Citibank, N.A.
	388 Greenwich Street, 14th Floor
	New York, NY 10013


*CONTENTS*

Distribution Summary	2

Distribution Summary (Factors)	3

Interest Distribution	4

Principal Distribution	5

Reconciliation Detail	6

Collateral Summary	7

Delinquency Information	10

Credit Enhancement	13

Distribution Waterfall Detail	14

Other Information	16


Deal Contact:	Karen Schluter	Citibank, N.A.
	karen.schluter@citigroup.com	Agency and Trust
	Tel: (212) 816-5827	388 Greenwich Street, 14th Floor
	Fax: (212) 816-5527	New York, NY10013

Reports Available at www.sf.citidirect.com

Page 1 of 16

Distribution Date:

Determination Date:

06/26/2006

06/19/2006

Lehman XS Trust

Mortgage Pass-Through Certificates Series 2006-5

Distribution Summary

DISTRIBUTION IN DOLLARS


Class (1)	Original Balance (2)	Prior Principal Balance (3)	Pass- Through Rate (4)		Accrual Day Count (5)	Accrual Dates (6)	Interest Distributed (7)	Principal Distributed (8)	Total Distributed (9)	Deferred Interest (10)	Realized Loss (11)	Current Principal Balance (12)=(3-8+10-11)
IA1A	608,064,000.00	582,032,525.26	5.291250	%	32 / 360	05/25 - 06/25	2,737,492.98	16,516,146.24	19,253,639.22	0.00	0.00	565,516,379.02
IA1B	67,563,000.00	64,670,599.65	5.351250	%	32 / 360	05/25 - 06/25	307,616.49	1,835,136.41	2,142,752.90	0.00	0.00	62,835,463.24
IIA1	162,434,000.00	150,957,972.20	5.730000	%	30 / 360	05/01 - 05/31	720,824.32	4,074,106.85	4,794,931.17	0.00	0.00	146,883,865.35
IIA2	44,668,000.00	44,668,000.00	5.840000	%	30 / 360	05/01 - 05/31	217,384.27	0.00	217,384.27	0.00	0.00	44,668,000.00
IIA3	42,451,000.00	42,451,000.00	6.140000	%	30 / 360	05/01 - 05/31	217,207.62	0.00	217,207.62	0.00	0.00	42,451,000.00
IIA4A	24,955,000.00	24,955,000.00	5.890000	%	30 / 360	05/01 - 05/31	122,487.46	0.00	122,487.46	0.00	0.00	24,955,000.00
IIA4B	2,773,000.00	2,773,000.00	5.850000	%	30 / 360	05/01 - 05/31	13,518.38	0.00	13,518.38	0.00	0.00	2,773,000.00
M1	16,635,000.00	16,635,000.00	5.411250	%	32 / 360	05/25 - 06/25	80,014.35	0.00	80,014.35	0.00	0.00	16,635,000.00
M2	15,076,000.00	15,076,000.00	5.431250	%	32 / 360	05/25 - 06/25	72,783.58	0.00	72,783.58	0.00	0.00	15,076,000.00
M3	9,877,000.00	9,877,000.00	5.461250	%	32 / 360	05/25 - 06/25	47,947.35	0.00	47,947.35	0.00	0.00	9,877,000.00
M4	7,797,000.00	7,797,000.00	5.581250	%	32 / 360	05/25 - 06/25	38,681.78	0.00	38,681.78	0.00	0.00	7,797,000.00
M5	7,797,000.00	7,797,000.00	5.601250	%	32 / 360	05/25 - 06/25	38,820.40	0.00	38,820.40	0.00	0.00	7,797,000.00
M6	6,238,000.00	6,238,000.00	5.681250	%	32 / 360	05/25 - 06/25	31,501.90	0.00	31,501.90	0.00	0.00	6,238,000.00
M7	5,198,000.00	5,198,000.00	6.181250	%	32 / 360	05/25 - 06/25	28,560.12	0.00	28,560.12	0.00	0.00	5,198,000.00
M8	5,198,000.00	5,198,000.00	6.331250	%	32 / 360	05/25 - 06/25	29,253.19	0.00	29,253.19	0.00	0.00	5,198,000.00
M9	5,198,000.00	5,198,000.00	6.484941	%	32 / 360	05/25 - 06/25	30,408.30	0.00	30,408.30	0.00	0.00	5,198,000.00
M10	5,198,000.00	5,198,000.00	6.484941	%	32 / 360	05/25 - 06/25	30,408.30	0.00	30,408.30	0.00	0.00	5,198,000.00
X	2,607,972.00	5,301,923.21	0.000000	%	30 / 360		0.00	0.00	0.00	1,012,027.06	0.00	6,313,950.27
P	100.00	100.00	0.000000	%	30 / 360		78,923.59	0.00	78,923.59	0.00	0.00	100.00
R	0.00	0.00	0.000000	%	30 / 360		0.00	0.00	0.00	0.00	0.00	0.00
LTR	0.00	0.00	0.000000	%	30 / 360		0.00	0.00	0.00	0.00	0.00	0.00
C	0.00	0.00	0.000000	%	30 / 360		0.00	0.00	0.00	0.00	0.00	0.00
Totals	1,039,728,072.00	1,002,022,120.32					4,843,834.38	22,425,389.50	27,269,223.88	1,012,027.06	0.00	980,608,757.88

Reports Available at www.sf.citidirect.com

Page 2 of 16

Distribution Date:

Determination Date:

06/26/2006

06/19/2006

Lehman XS Trust

Mortgage Pass-Through Certificates Series 2006-5

Distribution Summary (Factors)

PER $1,000 OF ORIGINAL BALANCE



Class	CUSIP	Record Date	Prior Principal Balance (3/2 x 1000)	Interest Distributed (5/2 x 1000)	Principal Distributed (6/2 x 1000)	Total Distributed (7/2 x 1000)	Deferred Interest (8/2 x 1000)	Realized Loss (9/2 x 1000)	Current Principal Balance (10/2 x 1000)

IIA1	525221JV0	05/31/2006	929.349596	4.437644	25.081614	29.519258	0.000000	0.000000	904.267982
IIA2	525221JW8	05/31/2006	1,000.000000	4.866667	0.000000	4.866667	0.000000	0.000000	1,000.000000
IIA3	525221JX6	05/31/2006	1,000.000000	5.116667	0.000000	5.116667	0.000000	0.000000	1,000.000000
IIA4A	525221JY4	05/31/2006	1,000.000000	4.908333	0.000000	4.908333	0.000000	0.000000	1,000.000000
IIA4B	525221JZ1	05/31/2006	1,000.000000	4.875002	0.000000	4.875002	0.000000	0.000000	1,000.000000
X		05/31/2006	2,032.967842	0.000000	0.000000	0.000000	388.051352	0.000000	2,421.019194
P		05/31/2006	1,000.000000	789,235.900000	0.000000	789,235.900000	0.000000	0.000000	1,000.000000

Reports Available at www.sf.citidirect.com

Page 3 of 16

Distribution Date:

Determination Date:

06/26/2006

06/19/2006

Lehman XS Trust

Mortgage Pass-Through Certificates Series 2006-5

Interest Distribution Detail

DISTRIBUTION IN DOLLARS



Class (1)	Prior Principal Balance (2)	Pass- Through Rate (3)		Next Pass- Through Rate (4)		Interest Accrual Day Cnt Fraction (5)	Optimal Accrued Interest (6)	Prior Unpaid Interest (7)	Interest on Prior Unpaid Interest (8)	Non-Recov. Interest Shortfall (9)	Interest Due (10)= (6)+(7)+(8)-(9)	Deferred Interest (11)	Interest Distributed (12)	Current Unpaid Interest (13)=(10)-(11)-(12)

IA1A	582,032,525.26	5.29125	%	5.53250	%	32 / 360	2,737,492.98	0.00	0.00	0.00	2,737,492.98	0.00	2,737,492.98	0.00
IA1B	64,670,599.65	5.35125	%	5.59250	%	32 / 360	307,616.49	0.00	0.00	0.00	307,616.49	0.00	307,616.49	0.00
IIA1	150,957,972.20	5.73000	%	5.73000	%	30 / 360	720,824.32	0.00	0.00	0.00	720,824.32	0.00	720,824.32	0.00
IIA2	44,668,000.00	5.84000	%	5.84000	%	30 / 360	217,384.27	0.00	0.00	0.00	217,384.27	0.00	217,384.27	0.00
IIA3	42,451,000.00	6.14000	%	6.14000	%	30 / 360	217,207.62	0.00	0.00	0.00	217,207.62	0.00	217,207.62	0.00
IIA4A	24,955,000.00	5.89000	%	5.89000	%	30 / 360	122,487.46	0.00	0.00	0.00	122,487.46	0.00	122,487.46	0.00
IIA4B	2,773,000.00	5.85000	%	5.85000	%	30 / 360	13,518.38	0.00	0.00	0.00	13,518.38	0.00	13,518.38	0.00
M1	16,635,000.00	5.41125	%	5.65250	%	32 / 360	80,014.35	0.00	0.00	0.00	80,014.35	0.00	80,014.35	0.00
M2	15,076,000.00	5.43125	%	5.67250	%	32 / 360	72,783.58	0.00	0.00	0.00	72,783.58	0.00	72,783.58	0.00
M3	9,877,000.00	5.46125	%	5.70250	%	32 / 360	47,947.35	0.00	0.00	0.00	47,947.35	0.00	47,947.35	0.00
M4	7,797,000.00	5.58125	%	5.82250	%	32 / 360	38,681.78	0.00	0.00	0.00	38,681.78	0.00	38,681.78	0.00
M5	7,797,000.00	5.60125	%	5.84250	%	32 / 360	38,820.40	0.00	0.00	0.00	38,820.40	0.00	38,820.40	0.00
M6	6,238,000.00	5.68125	%	5.92250	%	32 / 360	31,501.90	0.00	0.00	0.00	31,501.90	0.00	31,501.90	0.00
M7	5,198,000.00	6.18125	%	6.42250	%	32 / 360	28,560.12	0.00	0.00	0.00	28,560.12	0.00	28,560.12	0.00
M8	5,198,000.00	6.33125	%	6.48494	%	32 / 360	29,253.19	0.00	0.00	0.00	29,253.19	0.00	29,253.19	0.00
M9	5,198,000.00	6.48494	%	6.48494	%	32 / 360	30,408.30	0.00	0.00	0.00	30,408.30	0.00	30,408.30	0.00
M10	5,198,000.00	6.48494	%	6.48494	%	32 / 360	30,408.30	0.00	0.00	0.00	30,408.30	0.00	30,408.30	0.00
X	5,301,923.21	0.00000	%	0.00000	%	30 / 360	1,012,027.06	0.00	0.00	0.00	1,012,027.06	1,012,027.06	0.00	0.00
P	100.00	0.00000	%	0.00000	%	30 / 360	78,923.59	0.00	0.00	0.00	78,923.59	0.00	78,923.59	0.00
R	0.00	0.00000	%	0.00000	%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
LTR	0.00	0.00000	%	0.00000	%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
C	0.00	0.00000	%	0.00000	%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Totals	1,002,022,120.32						5,855,861.44	0.00	0.00	0.00	5,855,861.44	1,012,027.06	4,843,834.38	0.00

Reports Available at www.sf.citidirect.com

Page 4 of 16

Distribution Date:

Determination Date:

06/26/2006

06/19/2006

Lehman XS Trust

Mortgage Pass-Through Certificates Series 2006-5

Principal Distribution Detail

DISTRIBUTION IN DOLLARS



Class (1)	Original Balance (2)	Prior Principal Balance (3)	Principal Distribution (4)	Accreted Principal (5)	Current Realized Losses (6)	Current Principal Recoveries (7)	Current Principal Balance (8)=(3)-(4)+(5)-(6)+(7)	Cumulative Realized Losses (9)

IA1A	608,064,000.00	582,032,525.26	16,516,146.24	0.00	0.00	0.00	565,516,379.02	0.00
IA1B	67,563,000.00	64,670,599.65	1,835,136.41	0.00	0.00	0.00	62,835,463.24	0.00
IIA1	162,434,000.00	150,957,972.20	4,074,106.85	0.00	0.00	0.00	146,883,865.35	0.00
IIA2	44,668,000.00	44,668,000.00	0.00	0.00	0.00	0.00	44,668,000.00	0.00
IIA3	42,451,000.00	42,451,000.00	0.00	0.00	0.00	0.00	42,451,000.00	0.00
IIA4A	24,955,000.00	24,955,000.00	0.00	0.00	0.00	0.00	24,955,000.00	0.00
IIA4B	2,773,000.00	2,773,000.00	0.00	0.00	0.00	0.00	2,773,000.00	0.00
M1	16,635,000.00	16,635,000.00	0.00	0.00	0.00	0.00	16,635,000.00	0.00
M2	15,076,000.00	15,076,000.00	0.00	0.00	0.00	0.00	15,076,000.00	0.00
M3	9,877,000.00	9,877,000.00	0.00	0.00	0.00	0.00	9,877,000.00	0.00
M4	7,797,000.00	7,797,000.00	0.00	0.00	0.00	0.00	7,797,000.00	0.00
M5	7,797,000.00	7,797,000.00	0.00	0.00	0.00	0.00	7,797,000.00	0.00
M6	6,238,000.00	6,238,000.00	0.00	0.00	0.00	0.00	6,238,000.00	0.00
M7	5,198,000.00	5,198,000.00	0.00	0.00	0.00	0.00	5,198,000.00	0.00
M8	5,198,000.00	5,198,000.00	0.00	0.00	0.00	0.00	5,198,000.00	0.00
M9	5,198,000.00	5,198,000.00	0.00	0.00	0.00	0.00	5,198,000.00	0.00
M10	5,198,000.00	5,198,000.00	0.00	0.00	0.00	0.00	5,198,000.00	0.00
X	2,607,972.00	5,301,923.21	0.00	1,012,027.06	0.00	0.00	6,313,950.27	0.00
P	100.00	100.00	0.00	0.00	0.00	0.00	100.00	0.00
R	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
LTR	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
C	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Totals	1,039,728,072.00	1,002,022,120.32	22,425,389.50	1,012,027.06	0.00	0.00	980,608,757.88	0.00

Reports Available at www.sf.citidirect.com

Page 5 of 16

Distribution Date:

Determination Date:

06/26/2006

06/19/2006

Lehman XS Trust

Mortgage Pass-Through Certificates Series 2006-5

Reconciliation Detail

SOURCE OF FUNDS

Interest Funds Available
Scheduled Interest	6,026,230.23
Uncompensated PPIS	0.00
Relief Act Interest Shortfall	0.00
Interest Adjustments	0.00
Total Interest Funds Available:		6,026,230.23
Principal Funds Available
Scheduled Principal	256,561.35
Curtailments	293,610.55
Prepayments in Full	20,862,950.00
Liquidation Proceeds	0.00
Adjustment Principal	240.55
Repurchased Principal	0.00
Substitution Principal	0.00
Other Principal	0.00
Total Principal Funds Available:		21,413,362.45
Other Funds Available
Cap Contract Amount	0.00
Prepayment Charges	78,923.59
Withdrawal From Basis Risk Reserve	889.98
Other Charges	0.00
Total Other Funds Available:		79,813.57
Total Funds Available		27,519,406.25


*ALLOCATION OF FUNDS*

Scheduled Fees
Insurance Fee	2,885.71
Master Servicing Fee	0.00
Servicing Fee	208,755.25
Trustee Fee	0.00
Total Scheduled Fees:		211,640.96
Additional Fees, Expenses, etc.
Extraordinary Trust Fund Expenses	0.00
Other Expenses	0.00
Payment to the Swap Counterparty	38,541.42
Total Additional Fees, Expenses, etc.:		38,541.42
Distribution to Certificateholders
Interest Distribution	4,843,834.36
Principal Distribution	22,425,389.51
Total Distribution to Certificateholders:		27,269,223.87
Total Funds Allocated		27,519,406.25



Reports Available at www.sf.citidirect.com	Page 6 of 16	(c) Copyright 2006 Citigroup

Distribution Date:

Determination Date:

06/26/2006

06/19/2006

Lehman XS Trust

Mortgage Pass-Through Certificates Series 2006-5

Collateral Summary - Group 1

ASSET CHARACTERISTICS

	Cut-Off			Prior			Current

Aggregate Stated Principal Balance		735,176,935.80			708,192,792.26			690,669,677.81

Loan Count		3,012			2,906			2,844

Weighted Average Coupon Rate (WAC)		7.221478	%		7.213017	%		N/A

Net Weighted Average Coupon Rate (Net WAC)		6.971478	%		6.960348	%		N/A

Weighted Average Remaining Term (WART in months)		358			356			355


*AVAILABLE PRINCIPAL*

Scheduled Principal			123,505.55
Curtailments			162,201.90
Prepayments in Full			17,237,246.18
Liquidation Proceeds			0.00
Repurchased Principal			0.00
Substitution Principal			0.00
Adjustment Principal			160.82
Other Principal			0.00
TOTAL AVAILABLE PRINCIPAL			17,523,114.45
Current Realized Losses			0.00
Realized Losses and Recoveries from Prior Periods			0.00
Cumulative Realized Losses			0.00


*AVAILABLE INTEREST*

Scheduled Interest		4,256,839.08

	Supplemental Interest Trust Amount	0.00
Less:	Servicing Fee		147,540.73
	Master Servicing Fee		0.00
	Insurance Fee		1,575.13
	Trustee Fee		0.00
	Uncompensated PPIS		0.00
	Relief Act Interest Shortfall		0.00
	Other Amounts		0.00
TOTAL AVAILABLE INTEREST			4,107,723.22

Reports Available at www.sf.citidirect.com

Page 7 of 16

Distribution Date:

Determination Date:

06/26/2006

06/19/2006

Lehman XS Trust

Mortgage Pass-Through Certificates Series 2006-5

Collateral Summary - Group 2

ASSET CHARACTERISTICS

	Cut-Off			Prior			Current

Aggregate Stated Principal Balance		304,551,136.75			293,829,328.61			289,939,080.61

Loan Count		1,471			1,434			1,414

Weighted Average Coupon Rate (WAC)		7.247545	%		7.226199	%		N/A

Net Weighted Average Coupon Rate (Net WAC)		6.997545	%		6.970847	%		N/A

Weighted Average Remaining Term (WART in months)		352			350			349


*AVAILABLE PRINCIPAL*

Scheduled Principal			133,055.80
Curtailments			131,408.65
Prepayments in Full			3,625,703.82
Liquidation Proceeds			0.00
Repurchased Principal			0.00
Substitution Principal			0.00
Adjustment Principal			79.73
Other Principal			0.00
TOTAL AVAILABLE PRINCIPAL			3,890,248.00
Current Realized Losses			0.00
Realized Losses and Recoveries from Prior Periods			0.00
Cumulative Realized Losses			0.00


*AVAILABLE INTEREST*


Scheduled Interest		1,769,391.15

Less:	Servicing Fee	61,214.52
	Master Servicing Fee	0.00
	Insurance Fee	1,310.58
	Trustee Fee	0.00
	Uncompensated PPIS	0.00
	Relief Act Interest Shortfall	0.00
	Other Amounts	0.00
TOTAL AVAILABLE INTEREST		1,706,866.05

Reports Available at www.sf.citidirect.com

Page 8 of 16

Distribution Date:

Determination Date:

06/26/2006

06/19/2006

Lehman XS Trust

Mortgage Pass-Through Certificates Series 2006-5

Collateral Summary - Total

ASSET CHARACTERISTICS

	Cut-Off			Prior			Current

Aggregate Stated Principal Balance		1,039,728,072.55			1,002,022,120.87			980,608,758.42

Loan Count		4,483			4,340			4,258

Weighted Average Coupon Rate (WAC)		7.229114	%		7.216882	%		N/A

Net Weighted Average Coupon Rate (Net WAC)		6.979114	%		6.966882	%		N/A

Weighted Average Remaining Term (WART in months)		356			354			353


*AVAILABLE PRINCIPAL*

Scheduled Principal			256,561.35
Curtailments			293,610.55
Prepayments in Full			20,862,950.00
Liquidation Proceeds			0.00
Repurchased Principal			0.00
Substitution Principal			0.00
Adjustment Principal			240.55
Other Principal			0.00
TOTAL AVAILABLE PRINCIPAL			21,413,362.45
Current Realized Losses			0.00
Realized Losses and Recoveries from Prior Periods			0.00
Cumulative Realized Losses			0.00


*AVAILABLE INTEREST*

Scheduled Interest		6,026,230.23

	Supplemental Interest Trust Amount	0.00
Less:	Servicing Fee	208,755.25
	Master Servicing Fee	0.00
	Insurance Fee	2,885.71
	Trustee Fee	0.00
	Uncompensated PPIS	0.00
	Relief Act Interest Shortfall	0.00
	Other Amounts	0.00
TOTAL AVAILABLE INTEREST		5,814,589.27

Reports Available at www.sf.citidirect.com

Page 9 of 16

Distribution Date:

Determination Date:

06/26/2006

06/19/2006

Lehman XS Trust

Mortgage Pass-Through Certificates Series 2006-5

Delinquency Information

GROUP 1

Less Than

30 Days

30-59 Days

60-89 Days

90+ Days

Totals

Delinquency

Scheduled Principal Balance	8,496,997.43		2,292,694.57		0.00		10,789,692.00
Percentage of Total Pool Balance	1.2303	%	0.3320	%	0.0000	%	1.5622	%
Number of Loans	29		9		0		38
Percentage of Total Loans	1.0197	%	0.3165	%	0.0000	%	1.3361	%
Bankruptcy

Scheduled Principal Balance	208,000.00		0.00		0.00		0.00		208,000.00
Percentage of Total Pool Balance	0.0301	%	0.0000	%	0.0000	%	0.0000	%	0.0301	%
Number of Loans	1		0		0		0		1
Percentage of Total Loans	0.0352	%	0.0000	%	0.0000	%	0.0000	%	0.0352	%
Foreclosure
Scheduled Principal Balance			0.00		0.00		358,500.00		358,500.00
Percentage of Total Pool Balance			0.0000	%	0.0000	%	0.0519	%	0.0519	%
Number of Loans			0		0		1		1
Percentage of Total Loans			0.0000	%	0.0000	%	0.0352	%	0.0352	%
REO

Scheduled Principal Balance	0.00		0.00		0.00		0.00
Percentage of Total Pool Balance	0.0000	%	0.0000	%	0.0000	%	0.0000	%
Number of Loans	0		0		0		0
Percentage of Total Loans	0.0000	%	0.0000	%	0.0000	%	0.0000	%
Total

Scheduled Principal Balance	208,000.00		8,496,997.43		2,292,694.57		358,500.00		11,356,192.00
Percentage of Total Pool Balance	0.0301	%	1.2303	%	0.3320	%	0.0519	%	1.6442	%
Number of Loans	1		29		9		1		40
Percentage of Total Loans	0.0352	%	1.0197	%	0.3165	%	0.0352	%	1.4065	%

Principal and Interest Advances			3,472,757.20

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Page 10 of 16

Distribution Date:

Determination Date:

06/26/2006

06/19/2006

Lehman XS Trust

Mortgage Pass-Through Certificates Series 2006-5

Delinquency Information

GROUP 2

Less Than

30 Days

30-59 Days

60-89 Days

90+ Days

Totals

Delinquency

Scheduled Principal Balance	3,416,282.82		754,965.28		0.00		4,171,248.10
Percentage of Total Pool Balance	1.1783	%	0.2604	%	0.0000	%	1.4387	%
Number of Loans	12		3		0		15
Percentage of Total Loans	0.8487	%	0.2122	%	0.0000	%	1.0608	%
Bankruptcy

Scheduled Principal Balance	187,573.51		0.00		276,000.00		0.00		463,573.51
Percentage of Total Pool Balance	0.0647	%	0.0000	%	0.0952	%	0.0000	%	0.1599	%
Number of Loans	1		0		1		0		2
Percentage of Total Loans	0.0707	%	0.0000	%	0.0707	%	0.0000	%	0.1414	%
Foreclosure

Scheduled Principal Balance	0.00		0.00		577,795.10		577,795.10
Percentage of Total Pool Balance	0.0000	%	0.0000	%	0.1993	%	0.1993	%
Number of Loans	0		0		3		3
Percentage of Total Loans	0.0000	%	0.0000	%	0.2122	%	0.2122	%
REO

Scheduled Principal Balance	0.00		0.00		0.00		0.00
Percentage of Total Pool Balance	0.0000	%	0.0000	%	0.0000	%	0.0000	%
Number of Loans	0		0		0		0
Percentage of Total Loans	0.0000	%	0.0000	%	0.0000	%	0.0000	%
Total

Scheduled Principal Balance	187,573.51		3,416,282.82		1,030,965.28		577,795.10		5,212,616.71
Percentage of Total Pool Balance	0.0647	%	1.1783	%	0.3556	%	0.1993	%	1.7978	%
Number of Loans	1		12		4		3		20
Percentage of Total Loans	0.0707	%	0.8487	%	0.2829	%	0.2122	%	1.4144	%

Principal and Interest Advances			1,462,118.38

Reports Available at www.sf.citidirect.com

Page 11 of 16

Distribution Date:

Determination Date:

06/26/2006

06/19/2006

Lehman XS Trust

Mortgage Pass-Through Certificates Series 2006-5

Delinquency Information


*GROUP TOTALS*

Less Than

30 Days

30-59 Days

60-89 Days

90+ Days

Totals

Delinquency

Scheduled Principal Balance	11,913,280.25		3,047,659.85		0.00		14,960,940.10
Percentage of Total Pool Balance	1.2149	%	0.3108	%	0.0000	%	1.5257	%
Number of Loans	41		12		0		53
Percentage of Total Loans	0.9629	%	0.2818	%	0.0000	%	1.2447	%
Bankruptcy

Scheduled Principal Balance	395,573.51		0.00		276,000.00		0.00		671,573.51
Percentage of Total Pool Balance	0.0403	%	0.0000	%	0.0281	%	0.0000	%	0.0685	%
Number of Loans	2		0		1		0		3
Percentage of Total Loans	0.0470	%	0.0000	%	0.0235	%	0.0000	%	0.0705	%
Foreclosure

Scheduled Principal Balance	0.00		0.00		936,295.10		936,295.10
Percentage of Total Pool Balance	0.0000	%	0.0000	%	0.0955	%	0.0955	%
Number of Loans	0		0		4		4
Percentage of Total Loans	0.0000	%	0.0000	%	0.0939	%	0.0939	%
REO

Scheduled Principal Balance	0.00		0.00		0.00		0.00
Percentage of Total Pool Balance	0.0000	%	0.0000	%	0.0000	%	0.0000	%
Number of Loans	0		0		0		0
Percentage of Total Loans	0.0000	%	0.0000	%	0.0000	%	0.0000	%
Total

Scheduled Principal Balance	395,573.51		11,913,280.25		3,323,659.85		936,295.10		16,568,808.71
Percentage of Total Pool Balance	0.0403	%	1.2149	%	0.3389	%	0.0955	%	1.6896	%
Number of Loans	2		41		13		4		60
Percentage of Total Loans	0.0470	%	0.9629	%	0.3053	%	0.0939	%	1.4091	%

Principal and Interest Advances			4,934,875.58

Reports Available at www.sf.citidirect.com

Page 12 of 16

Distribution Date:

Determination Date:

06/26/2006

06/19/2006

Lehman XS Trust

Mortgage Pass-Through Certificates Series 2006-5

Credit Enhancement


*GROUP 1*

Required Overcollateralization Amount			7,797,961.00	0.7952	%
Prior Overcollateralization Amount			5,302,023.76
Overcollateralization Decrease due to Realized Losses			0.00
Overcollateralization Deficiency Amount	2,495,937.24
Excess Spread Available for Overcollateralization Increase	1,012,027.06
Overcollateralization Increase Amount			1,012,027.06
Excess Overcollateralization Amount	0.00
Principal Available for Overcollateralization Reduction	21,413,362.45
Overcollateralization Reduction Amount			0.00
Current Overcollateralization			6,314,050.82	0.6439	%

Senior Enhancement Percentage				9.2316	%

Are Stepdown Principal Distributions allowed this month?				No
(Has the Stepdown Date occured and are there no Trigger Events in effect?)

Has the Stepdown Date Occured?			No
(Has the Distribution Date in February 2009 passed or have the Senior Notes paid down to their target percentage?)
Senior Notes Current Percentage	90.7684	%
Senior Notes Target Percentage	82.3000	%

Is A Trigger Event in effect?			No
(Is a Delinquency Trigger Event in effect or is a Cumulative Realized Loss Trigger in effect?)

Is A Delinquency Trigger Event in effect?			No
(Does the Delinquency Percentage equal or exceed the target percentage?)
Rolling Three Month Delinquency Rate	0.0000	%
Target Percentage	3.6511	%

Is A Cumulative Realized Loss Trigger Event in effect?			No
(Does the Cumulative Loss Percentage equal or exceed the target percentage?)
Cumulative Loss Percentage	0.0000	%
Target Percentage	0.9000	%

Reports Available at www.sf.citidirect.com

Page 13 of 16

Distribution Date:

Determination Date:

06/26/2006

06/19/2006

Lehman XS Trust

Mortgage Pass-Through Certificates Series 2006-5

Waterfall Detail


*DISTRIBUTIONS*			Amount Distributed		Remaining Available Funds

Subgroup 1 Interest Remittance Funds			4,107,723.22
For deposit into the Supplemental Interest Trust Account, Net Swap Payment for Pool 1	(38,541.42	)		4,069,181.80
Class 1-A1A, 1-A1B Monthly Interest Distributable Amount	(3,045,109.47	)		1,024,072.33

Subgroup 2 Interest Remittance Funds				1,706,866.05
Class 2-A1, 2-A2, 2-A3, 2-A4A, 2-A4B Monthly Interest Distributable Amount	(1,291,422.03	)		415,444.02

Subgroup 1 & 2 Interest Remittance Funds				1,439,516.35
Class M-1 Monthly Interest Distributable Amount	(80,014.35	)		1,359,502.00
Class M-2 Monthly Interest Distributable Amount	(72,783.58	)		1,286,718.42
Class M-3 Monthly Interest Distributable Amount	(47,947.35	)		1,238,771.07
Class M-4 Monthly Interest Distributable Amount	(38,681.78	)		1,200,089.29
Class M-5 Monthly Interest Distributable Amount	(38,820.40	)		1,161,268.89
Class M-6 Monthly Interest Distributable Amount	(31,501.90	)		1,129,766.99
Class M-7 Monthly Interest Distributable Amount	(28,560.12	)		1,101,206.87
Class M-8 Monthly Interest Distributable Amount	(29,253.19	)		1,071,953.68
Class M-9 Monthly Interest Distributable Amount	(29,963.31	)		1,041,990.37
Class M-10 Monthly Interest Distributable Amount	(29,963.31	)		1,012,027.06

Subgroup 1 Principal Distribution Funds				17,523,114.45
Prorata to the Class 1-A1A, 1-A1B, the Group 1 Principal Distribution Amount	(17,523,114.45	)		0.00

Subgroup 2 Principal Distribution Funds				3,890,248.00
Prorata to the Class 2-A4A and Class 2-A4B, the Class 2-A4 Priority Amount	0.00			3,890,248.00
Sequentially, Class 2-A1, Class 2-A2 and Class 2-A3, the Group 2 Principal Distribution Amount	(3,890,248.00	)		0.00
Prorata to the Class 2-A4A and Class 2-A4B, the Group 2 Principal Distribution Amount	0.00			0.00

Reports Available at www.sf.citidirect.com

Page 14 of 16

Distribution Date:

Determination Date:

06/26/2006

06/19/2006

Lehman XS Trust

Mortgage Pass-Through Certificates Series 2006-5

Waterfall Detail


*DISTRIBUTIONS*		Amount Distributed			Remaining Available Funds

Subgroup 1 & 2 Principal Distribution Funds			0.00
Class M-1 Principal Distribution Amount	0.00			0.00
Class M-2 Principal Distribution Amount	0.00			0.00
Class M-3 Principal Distribution Amount	0.00			0.00
Class M-4 Principal Distribution Amount	0.00			0.00
Class M-5 Principal Distribution Amount	0.00			0.00
Class M-6 Principal Distribution Amount	0.00			0.00
Class M-7 Principal Distribution Amount	0.00			0.00
Class M-8 Principal Distribution Amount	0.00			0.00
Class M-9 Principal Distribution Amount	0.00			0.00
Class M-10 Principal Distribution Amount	0.00			0.00
Class M-11 Principal Distribution Amount	0.00			0.00
Class M-12 Principal Distribution Amount	0.00			0.00

Net Monthly Excess Cashflow				1,012,027.06
Class 1-A Extra Principal Payment Amount to increase Overcollateralization	(828,168.20	)		183,858.85
Class 2-A Extra Principal Payment Amount to increase Overcollateralization	(183,858.85	)		0.00
Class X Monthly Interest Distributable Amount and any Unpaid Interest Shortfall Amount	0.00			0.00
Class X, principal, up to the amount of any Overcollateralization Release Amount	0.00			0.00
Remaining to the Holders of the Residual Certificates	0.00			0.00

Subgroup 1 & 2 Prepayment Premiums				78,923.59
Class P Prepayment Premiums and Servicer Prepayment Premium Payment Amounts	(78,923.59	)		0.00
Distribution of Class P outstanding Certificate Principal Balance	0.00			0.00

Reports Available at www.sf.citidirect.com

Page 15 of 16

Distribution Date:

Determination Date:

06/26/2006

06/19/2006

Lehman XS Trust

Mortgage Pass-Through Certificates Series 2006-5

Other Information




Supplemental Interest Trust Information
Any Net Swap Payment to the Supplemental Interest Trust made pursuant to Secbtion 5.02	0.00
Any Net Swap Payment to the Swap Counterparty pursuant to Section 5.02	38,541.42
Swap Termination Payment to the Supplemental Interest Trust made pursuant to Sections 5.02	0.00
Swap Termination Payment to the Swap Counterparty made pursuant to Section 5.02	0.00
Senior Principal Distribution Amount	21,413,362.45

Basis Risk Reserve Fund
Beginning Balance	1,000.00
Deposits	0.00
Withdrawals	889.98
Ending Balance	110.02

Distributions to the Holders since inception, April 25th 2006
Class P	165,470.63
Class X	0.00
Class LT-R	0.00
Class R	0.00
Current Libor	5.081250	%
Next Libor	5.322500	%

Reports Available at www.sf.citidirect.com

Page 16 of 16

Lehman XS Trust 2006-5 10-D