Item 1. Business.
Not applicable..
Item 1A.
Item 1A. Risk Factors.
Not applicable..
Item 1B.
Item 1B. Unresolved Staff Comments.
Not applicable..
Item 2.
Item 2. Properties.
Not applicable..
Item 3.
Item 3. Legal Proceedings.
Not applicable..
Item 4.
Item 4. Submission of Matters to a Vote of Security Holders.
Not applicable..
PART II
Item 5.
Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
Not applicable..
Item 6.
Item 6. Selected Financial Data.
Not applicable..
Item 7.
Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations.
Not applicable..
Item 7A.
Item 7A. Quantitative and Qualitative Disclosures About Market Risk.
Not applicable..
Item 8.
Item 8. Financial Statements and Supplementary Data.
Not applicable..
Item 9.
Item 9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure.
Not applicable..
Item 9A.
Item 9A. Controls and Procedures.
Not applicable..
Item 9B.
Item 9B. Other Information.
None.
PART III
Item 10.
Item 10. Directors and Executive Officers of the Registrant.
Not applicable..
Item 11.
Item 11. Executive Compensation.
Not applicable..
Item 12.
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder.
Not applicable..
Item 13.
Item 13. Certain Relationships and Related Transactions and Director Independence.
Not applicable..
Item 14.
Item 14. Principal Accountant Fees and Services.
Not applicable..
PART IV
ADDITIONAL DISCLOSURE ITEMS FOR REGULATION AB
Item 1112(b) of Regulation AB, Significant Obligor Financial Information.
None.
Item 1114(b)(2) and 1115(b) of Regulation AB, Significant Enhancement Provider Financial Information.
The consolidated balance sheets as of December 31, 2006 and 2005, and the related consolidated statements of income, shareholders’ equity, and cash flows for each of the three years in the period ended December 31, 2006, all of XL Capital Assurance Inc. and Subsidiary, are incorporated herein by reference from Exhibit 99-1 of the Annual Report on Form 10-K of Security Capital Assurance Ltd for the fiscal year ended December 31, 2006, as filed with the Commission on March 14, 2007.
The consolidated balance sheets as of December 31, 2006 and 2005, and the related consolidated statements of income, shareholders’ equity, and cash flows for each of the three years in the period ended December 31, 2006, all of XL Financial Assurance Ltd., are incorporated herein by reference from Exhibit 99-2 of the Annual Report on Form 10-K of Security Capital Assurance Ltd for the fiscal year ended December 31, 2006, as filed with the Commission on March 14, 2007.
Item of Regulation AB, Legal Proceedings.
None.
Item of Regulation AB, Affiliations and Certain Relationships and Related Transactions.
None.
Item of Regulation AB, Compliance with Applicable Servicing Criteria.
Reports on assessment of compliance with servicing criteria for asset-backed securities are attached hereto under Item 15, Exhibits 33(a), 33(b) and 33(c).
Although each servicing criterion required by Item 1122(d) of Regulation AB is addressed in one or more of the Assessments of Compliance with Servicing Criteria and related Attestation Reports included with this report, the Servicer’s, Countrywide Financial Corporation, Assessment of Compliance and related Attestation Report did not address each of the servicing criteria that the Servicer was required to address under the terms of the related Servicing Agreement. The Servicer has not identified such failure to provide an Assessment and Attestation for these items as a material failure to fulfill its obligations under the related servicing agreement in the Servicer’s Compliance Statement provided under Item 1123 of Regulation AB, because the Servicer asserts that those items are not applicable to the Servicer.
Item of Regulation AB, Servicer Compliance Statement.
Servicer compliance statements are attached hereto under Item 15, Exhibit 35(a).
Item 15.
Item 15. Exhibits, Financial Statement Schedules.
(a) Exhibits
(4.1) Pooling and Serving Agreement
(10.1) Incorporated by reference as Exhibit 4.1
(31) Rule 13a-14(d)/15d-14(d) Certifications.
33(a) Servicer’s, Countrywide Financial Corporation, Annual Report on Assessment of Compliance for Year Ended December 31, 2006.
33(b) Trustee’s, The Bank of New York , and Custodian’s, The Bank of New York, Annual Report on Assessment of Compliance for Year Ended December 31, 2006.
34(a) Servicer’s, Countrywide Financial Corporation, Annual Attestation Report on Assessment of Compliance with Servicing Criteria for Year Ended December 31, 2006.
34(b) Trustee’s, The Bank of New York, and Custodian’s, The Bank of New York, Annual Attestation Report on Assessment of Compliance with Servicing Criteria for Year Ended December 31, 2006.
35(a) Servicer’s, Countrywide Financial Corporation, Annual Statement of Compliance for Year Ended December 31, 2006.
99(1) Copy of the consolidated balance sheets as of December 31, 2006 and 2005, and the related consolidated statements of income, shareholders’ equity, and cash flows for each of the three years in the period ended December 31, 2006, all of XL Capital Assurance Inc. and Subsidiary, are incorporated herein by reference from Exhibit 99-1 of the Annual Report on Form 10-K of Security Capital Assurance Ltd for the fiscal year ended December 31, 2006, as filed with the Commission on March 14, 2007.
99(2) Copy of the consolidated balance sheets as of December 31, 2006 and 2005, and the related consolidated statements of income, shareholders’ equity, and cash flows for each of the three years in the period ended December 31, 2006, all of XL Financial Assurance Ltd., are incorporated herein by reference from Exhibit 99-2 of the Annual Report on Form 10-K of Security Capital Assurance Ltd for the fiscal year ended December 31, 2006, as filed with the Commission on March 14, 2007.
(b) See (a) above.
(c) Not applicable..
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) 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.
Greenwich Capital Acceptance, Inc.
(Depositor)
/s/ Robert McGinnis___
Name: Robert McGinnis
Title: President
Date: March 30, 2007
Exhibit Index
Exhibit No.
(4.1) Pooling and Serving Agreement
(10.1) Incorporated by reference as Exhibit 4.1
(31) Rule 13a-14(d)/15d-14(d) Certifications.
33(a) Servicer’s, Countrywide Financial Corporation, Annual Report on Assessment of Compliance for Year Ended December 31, 2006.
33(b) Trustee’s, The Bank of New York , and Custodian’s, The Bank of New York, Annual Report on Assessment of Compliance for Year Ended December 31, 2006.
34(a) Servicer’s, Countrywide Financial Corporation, Annual Attestation Report on Assessment of Compliance with Servicing Criteria for Year Ended December 31, 2006.
34(b) Trustee’s, The Bank of New York, and Custodian’s, The Bank of New York, Annual Attestation Report on Assessment of Compliance with Servicing Criteria for Year Ended December 31, 2006.
35(a) Servicer’s, Countrywide Financial Corporation, Annual Statement of Compliance for Year Ended December 31, 2006.
99(1) Copy of the consolidated balance sheets as of December 31, 2006 and 2005, and the related consolidated statements of income, shareholders’ equity, and cash flows for each of the three years in the period ended December 31, 2006, all of XL Capital Assurance Inc. and Subsidiary, are incorporated herein by reference from Exhibit 99-1 of the Annual Report on Form 10-K of Security Capital Assurance Ltd for the fiscal year ended December 31, 2006, as filed with the Commission on March 14, 2007.
99(2) Copy of the consolidated balance sheets as of December 31, 2006 and 2005, and the related consolidated statements of income, shareholders’ equity, and cash flows for each of the three years in the period ended December 31, 2006, all of XL Financial Assurance Ltd., are incorporated herein by reference from Exhibit 99-2 of the Annual Report on Form 10-K of Security Capital Assurance Ltd for the fiscal year ended December 31, 2006, as filed with the Commission on March 14, 2007.