8-K 1 se9066239-8k.txt CURRENT REPORT 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 14, 2007 -------------------------------- Securitized Asset Backed Receivables LLC Trust 2007-BR4 -------------------------------------------------------------------------------- (Exact name of issuing entity) Securitized Asset Backed Receivables LLC -------------------------------------------------------------------------------- (Exact name of depositor as specified in its charter) Sutton Funding LLC -------------------------------------------------------------------------------- (Exact name of sponsor as specified in its charter) Delaware 333-138183-10 37-1472598 -------------------------------------------------------------------------------------------- (State or other jurisdiction (Commission File Number (IRS Employer Identification of incorporation of depositor) of issuing entity) No. of depositor)

200 Park Avenue, New York, New York 10166 -------------------------------------------------------------------------------- (Address of principal executive offices of depositor) (Zip Code of depositor) Depositor's telephone number, including area code (212) 412-4000 ------------------------------- Not Applicable -------------------------------------------------------------------------------- (Former name or former address, if changed since last report.) 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: [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] 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 8.01. Other Events. ------------ On June 14, 2007, Securitized Asset Backed Receivables LLC (the "Depositor") caused the issuance of the Securitized Asset Backed Receivables LLC Trust 2007-BR4 Mortgage Pass-Through Certificates, Series 2007-BR4 (the "Certificates"). The Certificates were issued pursuant to a Pooling and Servicing Agreement, dated as of May 1, 2007 (the "Pooling and Servicing Agreement"), by and among the Depositor, Barclays Capital Real Estate Inc. d/b/a HomEq Servicing, as servicer, and Deutsche Bank National Trust Company (the "Trustee"), as trustee. The Class A-2A, Class A-2B, Class A-2C, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class B-1, Class B-2 and Class B-3 Certificates (the "Publicly Offered Certificates"), having an aggregate initial principal amount of $849,044,000, were sold to Barclays Capital Inc. (the "Underwriter"), pursuant to an Underwriting Agreement, dated June 13, 2007, by and between the Depositor and the Underwriter. The Class X and Class P Certificates were sold by the Depositor to Securitized Asset Backed NIM Trust 2007-BR4 on June 14, 2007 in a transaction exempt from registration under the Securities Act of 1933, as amended, pursuant to Section 4(2) of that Act, as part of the consideration for the Notes issued by Securitized Asset Backed NIM Trust 2007-BR4. Attached as exhibits are certain agreements that were executed and delivered in connection with the issuance of the Certificates. Item 9.01. Financial Statements, Pro Forma Financial Information and Exhibits. ------------------------------------------------------------------ (c) Exhibits Exhibit 1 Underwriting Agreement, dated June 13, 2007, by and between the Depositor and the Underwriter. Exhibit 4 Pooling and Servicing Agreement, dated as of May 1, 2007, by and among the Depositor, Barclays Capital Real Estate Inc. d/b/a HomEq Servicing, as servicer, and the Trustee. Exhibit 10.1 Representations and Warranties Agreement, dated as of June 14, 2007, between Barclays Bank PLC and the Depositor (included as Exhibit O to Exhibit 4). Exhibit 10.2 Interest Rate Swap Agreement, dated June 14, 2007, between Barclays Bank PLC, as swap provider, and the Trustee on behalf of Securitized Asset Backed Receivables LLC Trust 2007-BR4 (the "Trust") (included as Exhibit T to Exhibit 4). Exhibit 10.3 Cap Agreement, dated June 14, 2007, between Barclays Bank PLC, as cap provider, and the Trustee on behalf of the Trust (included as Exhibit U to Exhibit 4). Pursuant to the requirements of the Securities Exchange Act of 1934, the depositor has caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Date: July 6, 2007 SECURITIZED ASSET BACKED RECEIVABLES LLC By: /s/ Paul Menefee ------------------------------------------ Name: Paul Menefee Title: Vice President and Chief Accounting Officer INDEX TO EXHIBITS -----------------

Securitized Asset Backed Receivables LLC Trust 2007-BR4 8-K