UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 29, 2006

CITIGROUP MORTGAGE LOAN TRUST INC.

(as depositor under the Pooling and Servicing Agreement,

dated as of June 1, 2006, providing for the issuance of

~~Citigroup~~Mortgage ~~Mortgage~~Pass-Through ~~Loan Trust Inc.~~Certificates, Series 2006-NC1)

Asset-Backed Pass-Through Certificates)

Citigroup Mortgage Loan Trust Inc.

(Exact name of registrant as specified in its charter)

Delaware	333-131136	01-0791848
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification ~~No.~~Number)
390 Greenwich Street, 4th Floor New York, New York		10013
390 Greenwich Street New York, New York (Address of Principal Executive Offices)		10013 (Zip Code)
(Address of Principal Executive Offices)		(Zip Code)
Registrant's telephone number, including area code: (212) 816-6000

Registrant's telephone number, including area code: (212) 816-6000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[_] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[_] Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))

[_] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[_] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

~~Section~~SECTION 9 2- ~~Financial~~Completion ~~Statements~~of ~~and~~Acquisition ~~Exhibits~~of Disposition of Assets

Item 92.01~~. Financial~~ Acquisition ~~Statements~~or ~~and~~Disposition ~~Exhibits~~of Assets

~~(a) Financial~~Description ~~Statements.~~of the Certificates and the Mortgage Pool

~~Not~~On ~~applicable~~June 29, 2006, a single series of certificates, entitled Citigroup Mortgage Loan Trust, Mortgage Pass-Through Certificates, Series 2006-NC1 (the “Certificates”), were issued pursuant to a pooling and servicing agreement, dated as of June 1, 2006 (the “Agreement”), attached hereto as Exhibit 4.1, among Citigroup Mortgage Loan Trust Inc. as depositor (the “Depositor”), Wells Fargo Bank, N.A. as servicer (the “Servicer”), Citibank, N.A. as trust administrator (the “Trust Administrator”) and U.S. Bank National Association as trustee (the “Trustee”). The Certificates consist of fourteen classes of certificates (collectively, the “Offered Certificates”), designated as the Class A-2A Certificates, the Class A-2B Certificates, the Class A-2C Certificates, the Class A-2D Certificates, the Class M-1 Certificates, the Class M-2 Certificates, the Class M-3 Certificates, the Class M-4 Certificates, the Class M-5 Certificates, the Class M-6 Certificates, the Class M-7 Certificates, the Class M-8 Certificates, the Class M-9 Certificate and the Class M-10 Certificates. The Certificates evidence in the aggregate the entire beneficial ownership interest in a trust fund (the “Trust Fund”), consisting primarily of a segregated pool (the “Mortgage Pool”) of conventional, one- to four-family, fixed-rate and adjustable rate, first lien mortgage loans having original terms to maturity up to 30 years (the “Mortgage Loans”). The Mortgage Pool consists of Mortgage Loans having an aggregate principal balance of approximately $973,489,502 as of June 1, 2006 (the “Cut-off Date”). The Mortgage Loans were purchased pursuant to the Mortgage Loan Purchase Agreement, dated June 28, 2006 (the “Mortgage Loan Purchase Agreement”), between the Depositor and Citigroup Global Markets Realty Corp. The Certificates were sold by the Depositor to Citigroup Global Markets Inc. (in such capacity, the “Representative”), pursuant to an Underwriting Agreement, dated June 28, 2006, between the Depositor and the Representative and also pursuant to a Certificate Purchase Agreement, dated June 29, 2006, between the Depositor and the Representative.

~~(b) Pro~~The ~~Forma~~Offered Certificates have the following Initial Certificate Principal Balances ~~Financial~~and ~~Information.~~Pass-Through Rates:

Not applicable.

Class	Initial Certificate Principal Balance⁽¹⁾	Pass-Through Rate
A-2A	$ 260,178,000	Variable⁽²⁾
A-2B	$ 134,949,000	Variable⁽²⁾
A-2C	$ 74,929,000	Variable⁽²⁾
A-2D	$ 50,850,000	Variable⁽²⁾
M-1	$ 39,913,000	Variable⁽²⁾
M-2	$ 47,701,000	Variable⁽²⁾
M-3	$ 18,496,000	Variable⁽²⁾
M-4	$ 16,549,000	Variable⁽²⁾
M-5	$ 16,550,000	Variable⁽²⁾
M-6	$ 13,142,000	Variable⁽²⁾
M-7	$ 14,602,000	Variable⁽²⁾
M-8	$ 6,814,000	Variable⁽²⁾
M-9	$ 10,708,000	Variable⁽²⁾
M-10	$ 10,222,000	Variable⁽²⁾

(c1) ~~Exhibits~~ Approximate.

Exhibit No.	Item 601(a) of Regulation S-K Exhibit No.	Description
1	5.1, 8.1, 23.1	Opinion and Consent of Thacher Proffitt & Wood LLP.

(2) Calculated as described in the prospectus supplement.

Simultaneously with the issuance of the Offered Certificates, the Depositor sold $232,088,000 initial principal amount of Class A-1 Certificates, $9,735,000 initial principal amount of Class M-11 Certificates and $100 initial principal amount of Class P Certificates to Citigroup Global Markets, Inc. on June 29, 2006, in a transaction exempt from registration under the Securities Act of 1933, as amended, pursuant to Section 4(2) thereof. The net proceeds of the sale were applied to the purchase of the mortgage loans from Citigroup Global Markets Realty Corp., a New York corporation and the sponsor.

The Certificates, other than the A-1, M-11 and P Certificates, and the Mortgage Loans are more particularly described in the Prospectus, dated April 7, 2006 and the Prospectus Supplement, dated June 28, 2006, as previously filed with the Securities and Exchange Commission pursuant to Rule 424(b). The Class A-1, M-11 and P Certificates have not been and will not be publicly offered by the Depositor. Capitalized terms used but not otherwise defined herein shall have the meanings assigned to them in the Prospectus Supplement.

Section 9- Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits

(a) Not applicable

(b) Not applicable

(c)

Exhibits

Exhibit No.	Description
1.1	Underwriting Agreement, dated as of June 28, 2006, by and between Citigroup Mortgage Loan Trust Inc. as Depositor and Citigroup Global Markets Inc., relating to the Series 2006-NC1 Certificates.
4.1	Pooling and Servicing Agreement, dated as of June 1, 2006, by and among Citigroup Mortgage Loan Trust Inc. as Depositor, Wells Fargo Bank, N.A. as servicer, Citibank, N.A. as trust administrator and U.S. Bank National Association as Trustee, relating to the Series 2006-NC1 Certificates.
99.1	Master Mortgage Loan Purchase and Interim Servicing Agreement, dated as of March 1, 2006, by and among NC Capital Corporation as Seller, New Century Mortgage Corporation as Interim Servicer and Citigroup Global Markets Realty Corp. as Initial Purchaser.

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.

Dated: July ~~June 29~~13, 2006

CITIGROUP MORTGAGE LOAN TRUST INC. ~~By: /s/ Matthew R. Bollo Name: Matthew R. Bollo Title: Asst. Vice President~~

~~EXHIBIT~~By: /s/ ~~INDEX~~Matthew Bollo

Exhibit Number	Item 601(a) of Regulation S-K Exhibit No.	Description
1	5.1, 8.1, 23.1	Opinion and Consent of Counsel

Name: Matthew Bollo

Title: Assistant Vice President

Index to Exhibits

Exhibit No.	Description
1.1	Underwriting Agreement, dated as of June 28, 2006, by and between Citigroup Mortgage Loan Trust Inc. as Depositor and Citigroup Global Markets Inc., relating to the Series 2006-NC1 Certificates.
4.1	Pooling and Servicing Agreement, dated as of June 1, 2006, by and among Citigroup Mortgage Loan Trust Inc. as Depositor, Wells Fargo Bank, N.A. as servicer, Citibank, N.A. as trust administrator and U.S. Bank National Association as Trustee, relating to the Series 2006-NC1 Certificates.
99.1	Master Mortgage Loan Purchase and Interim Servicing Agreement, dated as of March 1, 2006, by and among NC Capital Corporation as Seller, New Century Mortgage Corporation as Interim Servicer and Citigroup Global Markets Realty Corp. as Initial Purchaser.

Filing Compare · Citigroup Mortgage Loan Trust 2006-NC1