EX-25.1 2 x33964bexv25w1.txt EX-25.1: STATEMENT OF ELIGIBILITY ON FORM T-1 Exhibit 25.1 ================================================================================ SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ---------- FORM T-1 STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939 OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b)(2) [X] ---------- CITIBANK, N.A. A National Banking Association 13-5266470 (I.R.S. employer identification no.)

~~399 Park Avenue, New York, New York 10043 (Address of principal executive office) (Zip code)~~

---------- MERRILL LYNCH MORTGAGE INVESTORS TRUST, SERIES 2007-SL1 THAT ISSUES NOTES UNDER THE RELATED PROSPECTUS AND PROSPECTUS SUPPLEMENT (Exact name of obligor as specified in its charter) Delaware Applied for (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.)

c/o Wilmington Trust Company, as Owner Trustee Rodney Square North 1100 North Market Street Wilmington, DE 19890-0001 Or such other address specified in the applicable Prospectus Supplement 19713 (Address of principal executive offices) (Zip code)

MORTGAGE LOAN ASSET-BACKED SECURITIES ================================================================================ 1. GENERAL INFORMATION. FURNISH THE FOLLOWING INFORMATION AS TO THE TRUSTEE: (A) NAME AND ADDRESS OF EACH EXAMINING OR SUPERVISING AUTHORITY TO WHICH IT IS SUBJECT.

(B) WHETHER IT IS AUTHORIZED TO EXERCISE CORPORATE TRUST POWERS. Yes. 2. AFFILIATIONS WITH OBLIGOR. IF THE OBLIGOR IS AN AFFILIATE OF THE TRUSTEE, DESCRIBE EACH SUCH AFFILIATION. None. Item 16. List of Exhibits. List below all exhibits filed as a part of this Statement of Eligibility. Exhibits identified in parentheses below, on file with the Commission, are incorporated herein by reference as exhibits hereto. Exhibit 1 - Copy of Articles of Association of the Trustee, as now in effect. (Exhibit 1 to T-1 to Registration Statement No. 2-79983) Exhibit 2 - Copy of certificate of authority of the Trustee to commence business. (Exhibit 2 to T-1 to Registration Statement No. 2-29577). Exhibit 3 - Copy of authorization of the Trustee to exercise corporate trust powers. (Exhibit 3 to T-1 to Registration Statement No. 2-55519) Exhibit 4 - Copy of existing By-Laws of the Trustee. (Exhibit 4 to T-1 to Registration Statement No. 33-34988) Exhibit 5 - Not applicable. Exhibit 6 - The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939. (Exhibit 6 to T-1 to Registration Statement No. 33-19227.) Exhibit 7 - Copy of the latest Report of Condition of Citibank, N.A. (as of March 31st, 2007- attached) -2- Exhibit 8 - Not applicable. Exhibit 9 - Not applicable. ---------- -3- SIGNATURE Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the trustee, Citibank, N.A., a national banking association organized and existing under the laws of the United States of America, has duly caused this Statement of Eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of New York and State of New York, on the 11 day of May, 2007. CITIBANK, N.A. By: /s/ Louis Piscitelli ------------------------------------ Name: Louis Piscitelli Title: Vice President Charter No. 1461 Comptroller of the Currency Northeastern District REPORT OF CONDITION CONSOLIDATING DOMESTIC AND FOREIGN SUBSIDIARIES OF Citibank, N.A. of New York in the State of New York, at the close of business on MARCH 31, 2007, published in response to call made by Comptroller of the Currency, under Title 12, United States Code, Section 161. Charter Number 1461 Comptroller of the Currency Northeastern District.

Federal funds purchased in domestic Offices ............. 19,232,000 Federal funds purchased and securities sold under agreements to repurchase ............................. 9,372,000 Trading liabilities ..................................... 44,774,000 Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases): ss ............ 163,319,000 Subordinated notes and debentures ....................... 23,000,000 Other liabilities ....................................... 48,074,000 -------------- TOTAL LIABILITIES ....................................... $ 998,576,000 -------------- MINORITY INTEREST IN CONSOLIDATED SUBSIDIARIES........... 1,071,000 EQUITY CAPITAL Perpetual preferred stock and related surplus ........... 0 Common stock ............................................ 751,000 Surplus ................................................. 45,794,000 Retained Earnings ....................................... 32,399,000 -------------- Accumulated net gains (losses) on cash flow hedges ...... -1,642,000 Other equity capital components ......................... 0 -------------- TOTAL EQUITY CAPITAL .................................... $ 77,302,000 -------------- TOTAL LIABILITIES AND EQUITY CAPITAL .................... $1,076,949,000 ==============

I, the undersigned CFO (or equivalent) of the named bank, attest that the Reports of Condition and Income (including the supporting schedules) for this report date have been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and are true to the best of my knowledge and belief. CARY CRITTENDEN We, the undersigned directors (trustees), attest to the correctness of the Reports of Condition and Income (including the supporting schedules) for this report date and declare that the Reports of Condition and Income have been examined by us and to the best of our knowledge and belief have been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and are true and correct. SALLIE KRAWCHECK KEVIN KESSINGER DAVID BUSHNELL DIRECTORS

Merrill Lynch Mortgage Investors Trust, Series 2007-SL1 8-K