Item 1. Business.
Omitted.
Item 1A.
Item 1A. Risk Factors.
Omitted.
Item 1B.
Item 1B. Unresolved Staff Comments.
None.
Item 2.
Item 2. Properties.
Omitted.
Item 3.
Item 3. Legal Proceedings.
Omitted.
Item 4.
Item 4. Submission of Matters to a Vote of Security Holders.
Omitted.
PART II
Item 5.
Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
Omitted.
Item 6.
Item 6. Selected Financial Data.
Omitted.
Item 7.
Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operation.
Omitted.
Item 7A.
Item 7A. Quantitative and Qualitative Disclosures About Market Risk.
Omitted.
Item 8.
Item 8. Financial Statements and Supplementary Data.
Omitted.
Item 9.
Item 9. Changes in and Disagreements With Accountants on Accounting and
Omitted.
Item 9A.
Item 9A. Controls and Procedures.
Omitted.
Item 9A(T). Controls and Procedures.
Omitted.
Item 9B.
Item 9B. Other Information.
None.
PART III
Item 10.
Item 10. Directors, Executive Officers and Corporate Governance.
Omitted.
Item 11.
Item 11. Executive Compensation.
Omitted.
Item 12.
Item 12. Security Ownership of Certain Beneficial Owners and Management and
Omitted.
Item 13.
Item 13. Certain Relationships and Related Transactions, and Director Independence.
Omitted.
Item 14.
Item 14. Principal Accounting Fees and Services.
Omitted.
ADDITIONAL DISCLOSURE ITEMS FOR REGULATION AB
Item 1112(b) of Regulation AB. Significant Obligor Financial Information
No single obligor represents more than 10% of the pool assets held by the issuing entity.
Item 1114(b)(2) of Regulation AB. Credit Enhancement and Other Support, Except for Certain Derivative Instruments (Information Regarding Significant Enhancement Providers - Financial Information).
No entity or group of affiliated entities provides any external credit enhancement, uses any derivative instruments, or other support for the certificates within this transaction as described under Item 1114(a) of Regulation AB.
Item 1115(b) of Regulation AB. Certain Derivative Instruments.
No entity or group of affiliated entities provides any derivative Instruments for the certificates within this transaction as described under Item 1115 of Regulation AB.
Item 1117 of Regulation AB. Legal Proceedings.
No applicable updates.
Item 1119 of Regulation AB. Affiliation and Certain Relationships and Related Transactions.
No applicable updates.
Item 1122 of Regulation AB. Compliance with Applicable Servicing Criteria.
See Item 15.
Item 15. Exhibits, Financial Statement Schedules.
(a) Exhibits
(4) Pooling and Servicing Agreement dated as of June 1, 2006 among PHH Mortgage Capital LLC, as depositor, PHH Mortgage Corporation, as master servicer and Citibank, N.A., as trustee (incorporated herein by reference from Exhibit 4 of the Current Report on Form 8-K of the registrant, as filed with the Commission on July 14, 2006).
(10) Incorporated by reference as Exhibit 4.
(31) Rule 13a-14(d)/15d-14(d) Certifications.
(33) Reports on Assessment of Compliance with Servicing Criteria for Asset-Backed Securities. (a) PHH Mortgage Corporation, as Master Servicer (b) Citibank, N.A., as Trustee (c) Treasury Bank, a division of Countrywide Bank, N.A., as Custodian
(34) Attestation Report on Assessment of Compliance with Servicing Criteria for Asset Backed Securities. (a) PHH Mortgage Corporation, as Master Servicer (b) Citibank, N.A., as Trustee (c) Treasury Bank, a division of Countrywide Bank, N.A., as Custodian
(35) Servicer Compliance Statement. (a) PHH Mortgage Corporation, as Master Servicer
(99) Aggregate Statement of Principal and Interest Distributions to Certificate Holders for the year ended December 31, 2006
(b) Not applicable
(c) Omitted.
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.
(Registrant) PHH Mortgage Capital LLC -----------------------------------------------------------------
Signed: PHH Mortgage Corporation, Master Servicer
By /s/ Terence W. Edwards ----------------------------------------------------- Terence W. Edwards President and Chief Executive Officer
Date March 30, 2007 -----------------------------------------------------