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

~~Securities~~Date ~~Exchange~~of Report ~~Act~~(Date of ~~1934~~earliest event reported) June 29, 2007

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

STRUCTURED ASSET MORTGAGE INVESTMENTS II INC. (as depositor under an Indenture, dated as of June 29, 2007, providing for, inter alia, the issuance of Mortgage-Backed Notes, Series 2007-2)

BEAR STEARNS ARM TRUST 2007-2

(Exact name of issuing entity as specified in its charter)

STRUCTURED ASSET MORTGAGE INVESTMENTS II INC.

(Exact name of depositor as specified in its charter)

ALESCO ~~LOAN~~MORTGAGE HOLDINGS TRUST

(Exact name of sponsor as specified in its charter)

Delaware	333-140247-09	30-0183252
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)
383 Madison Avenue New York, New York		~~10l79~~10179
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s telephone number, including area code, is (212) 272-2000

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))

Item 9.01. Financial Statements, Pro Forma Financial Information and Exhibits.

Item 9.01.
(a)	Not applicable
(b)	Not applicable
(c)	Not applicable
(d)	Exhibits:
	5.1	Opinion of Thacher Proffitt & Wood llp
	8.1	Opinion of Thacher Proffitt & Wood llp (contained in Exhibit 5.1)
	23.1	Consent of Thacher Proffitt & Wood llp (contained in Exhibit 5.1)

~~(a) Not applicable~~SIGNATURES

~~(b) Not~~Pursuant ~~applicable~~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.

25.1 Statement of Eligibility of Citibank, N.A. on Form T-1 under the Trust Indenture Act of 1939 of a corporation designated to act as Indenture Trustee.

SIGNATURE

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 hereunto duly authorized.

STRUCTURED ASSET MORTGAGE INVESTMENTS II INC.


By:	/s/ Baron Silverstein
Name:	Baron Silverstein
Title:	Vice President

Dated: June 2529, 2007

Index to Exhibits

Exhibit Number		Description
25.1		Statement of Eligibility of Citibank, N.A. on Form T-1 under the Trust Indenture Act of 1939 of a corporation designated to act as Trustee.

Filing Compare · Bear Stearns ARM Trust 2007-2