Item 1. Business.
Not Applicable
Item 1A.
Item 1A. Risk Factors.
Not Applicable
Item 1B.
Item 1B. Unresolved Staff Comments.
None
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 Operation.
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, Executive Officers and Corporate Governances.
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 Matters.
Not Applicable
Item 13.
Item 13. Certain Relationships and Related Transactions, and Director Independences.
Not Applicable
Item 14.
Item 14. Principal Accounting Fees and Services.
Not Applicable
Item 1112(b) of Regulation AB. Significant Obligors Financial Information.
No single obligor represents 10% or more of the pool assets held by the issuing entity.
Item 1114(b)(2) and 1115(b) of Regulation AB. Significant Enhancement Provider Financial Information.
None
Item 1117 of Regulation AB. Legal Proceedings.
None
Item 1119 of Regulation AB. Affiliations and Certain Relationships and Related Transactions
None
Item 1122 of Regulation AB. Compliance with Applicable Servicing Criteria.
See Exhibits 34 and 35
Item 1123 of Regulation AB. Servicer Compliance Statement
See Exhibit 35
PART IV
Item 15.
Item 15. Exhibits, Financial Statement Schedules.
(a)(1) Not Applicable
(2) Not Applicable
(3) The required exhibits are listed below, all of which were filed as part of the Registrant’s Current Report on Form 8-K filed on August 11, 2006), and which are incorporated by reference:
Exhibit Number
Description
4.1
Trust Agreement and Servicing Agreement (Filed as part of the Registrant's Current Report on Form 8-K filed on August 11, 2006)
10.1
Trust Agreement dated as of July 1, 2006 between Morgan Stanley Capital I Inc., as Depositor, and LaSalle Bank National Association, as Trustee.
10.2
Servicing Agreement dated as of July 1, 2006 between Morgan Stanley Mortgage Capital I Inc., as Owner, and GMAC Mortgage Corporation, as Servicer.
10.3
Assignment, Assumption and Recognition Agreement dated July 1, 2006 among Morgan Stanley Mortgage Capital Inc., as Purchaser, GMAC Mortgage Corporation, as Servicer, and LaSalle Bank National Association, as Trustee and Auction Administrator, and acknowledged by Morgan Stanley Capital I Inc., as Depositor.
10.4
Assignment, Assumption and Recognition Agreement dated July 1, 2006 among Morgan Stanley Capital I Inc., as Depositor, Morgan Stanley Mortgage Capital Inc., as Purchaser, First National Bank of Nevada, as Seller, and LaSalle Bank National Association, as Trustee.
10.5
Assignment, Assumption and Recognition Agreement dated July 1, 2006 among Morgan Stanley Mortgage Capital Inc., as Assignor, Morgan Stanley Capital I Inc., as Assignee, Decision One Mortgage Company, LLC and acknowledged by LaSalle Bank National Association, as Trustee.
10.6
Assignment, Assumption and Recognition Agreement dated July 1, 2006 among Morgan Stanley Mortgage Capital Inc., Morgan Stanley Capital I Inc., as Depositor, Aegis Mortgage Corporation, as Seller and acknowledged by LaSalle Bank National Association, as Trustee.
10.7
Assignment, Assumption and Recognition Agreement dated July 1, 2006 among Morgan Stanley Mortgage Capital Inc., as Assignor, Morgan Stanley Capital I Inc., as Assignee, Aames Capital Corporation, as Seller and acknowledged by LaSalle Bank National Association, as Trustee.
Sarbanes-Oxley Certification
33(a)
Report on assessment of compliance with servicing criteria for asset-backed securities, GMAC Mortgage, LLC f/k/a GMAC Mortgage Corporation, as Servicer
33(b)
Report on assessment of compliance with servicing criteria for asset-backed securities, LaSalle Bank National Association, as Trustee and Custodian
34(a)
Attestation report on assessment of compliance with servicing criteria for asset-backed securities, GMAC Mortgage, LLC f/k/a GMAC Mortgage Corporation, as Servicer
34(b)
Attestation report on assessment of compliance with servicing criteria for asset-backed securities, LaSalle Bank National Association, as Trustee and Custodian
35(a)
Servicer compliance statement, GMAC Mortgage, LLC f/k/a GMAC Mortgage Corporation, as Servicer
35(b)
Servicer compliance statement, LaSalle Bank National Association, as Trustee
(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.
Morgan Stanley Capital I Inc.
March 30, 2007 /s/ Valerie Kay
By: Valerie Kay
Title: Vice President
EXHIBIT INDEX
Exhibit Number
Description
4.1
Trust Agreement and Servicing Agreement (Filed as part of the Registrant's Current Report on Form 8-K filed on August 11, 2006)
10.1
Trust Agreement dated as of July 1, 2006 between Morgan Stanley Capital I Inc., as Depositor, and LaSalle Bank National Association, as Trustee.
10.2
Servicing Agreement dated as of July 1, 2006 between Morgan Stanley Mortgage Capital I Inc., as Owner, and GMAC Mortgage Corporation, as Servicer.
10.3
Assignment, Assumption and Recognition Agreement dated July 1, 2006 among Morgan Stanley Mortgage Capital Inc., as Purchaser, GMAC Mortgage Corporation, as Servicer, and LaSalle Bank National Association, as Trustee and Auction Administrator, and acknowledged by Morgan Stanley Capital I Inc., as Depositor.
10.4
Assignment, Assumption and Recognition Agreement dated July 1, 2006 among Morgan Stanley Capital I Inc., as Depositor, Morgan Stanley Mortgage Capital Inc., as Purchaser, First National Bank of Nevada, as Seller, and LaSalle Bank National Association, as Trustee.
10.5
Assignment, Assumption and Recognition Agreement dated July 1, 2006 among Morgan Stanley Mortgage Capital Inc., as Assignor, Morgan Stanley Capital I Inc., as Assignee, Decision One Mortgage Company, LLC and acknowledged by LaSalle Bank National Association, as Trustee.
10.6
Assignment, Assumption and Recognition Agreement dated July 1, 2006 among Morgan Stanley Mortgage Capital Inc., Morgan Stanley Capital I Inc., as Depositor, Aegis Mortgage Corporation, as Seller and acknowledged by LaSalle Bank National Association, as Trustee.
10.7
Assignment, Assumption and Recognition Agreement dated July 1, 2006 among Morgan Stanley Mortgage Capital Inc., as Assignor, Morgan Stanley Capital I Inc., as Assignee, Aames Capital Corporation, as Seller and acknowledged by LaSalle Bank National Association, as Trustee.
Sarbanes-Oxley Certification
33(a)
Report on assessment of compliance with servicing criteria for asset-backed securities, GMAC Mortgage, LLC f/k/a GMAC Mortgage Corporation, as Servicer
33(b)
Report on assessment of compliance with servicing criteria for asset-backed securities, LaSalle Bank National Association, as Trustee and Custodian
34(a)
Attestation report on assessment of compliance with servicing criteria for asset-backed securities, GMAC Mortgage, LLC f/k/a GMAC Mortgage Corporation, as Servicer
34(b)
Attestation report on assessment of compliance with servicing criteria for asset-backed securities, LaSalle Bank National Association, as Trustee and Custodian
35(a)
Servicer compliance statement, GMAC Mortgage, LLC f/k/a GMAC Mortgage Corporation, as Servicer
35(b)
Servicer compliance statement, LaSalle Bank National Association, as Trustee