Exhibit 99

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Distribution Date: 26-May-2009

18-May-2009 3:29:38PM

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Series 2008-1


Contact:		Customer Service — CTSLink Wells Fargo Bank, N.A. Securities Administration Services Frederick, MD 21701-4747 8480 Stagecoach Circle www.ctslink.com Telephone: 1-866-846-4526 Fax: 240-586-8675

Certificateholder Distribution Summary


					Certificate			Beginning						Current		Ending				Cumulative
			Record		Pass-Through			Certificate		Interest		Principal		Realized		Certificate		Total		Realized
Class	CUSIP		Date		Rate			Balance		Distribution		Distribution		Loss		Balance		Distribution		Losses

1-A-1		635419AA2		04/30/2009		5.75000	%		77,516,431.33		371,432.90		3,030,208.03		0.00		74,486,223.29		3,401,640.93		0.00
1-A-2		635419AB0		04/30/2009		6.11532	%		4,546,720.35		23,170.54		177,736.62		0.00		4,368,983.73		200,907.16		0.00
1-A-3		635419AC8		04/30/2009		0.36532	%		0.00		23,598.62		0.00		0.00		0.00		23,598.62		0.00
1-A-R		635419AD6		04/30/2009		6.11344	%		0.00		0.00		0.00		0.00		0.00		0.00		0.00
1-B-1		635419AM6		04/30/2009		6.11532	%		2,891,005.41		14,732.85		307.82		0.00		2,890,697.60		15,040.67		0.00
1-B-2		635419AN4		04/30/2009		6.11532	%		1,284,713.75		6,547.03		136.79		0.00		1,284,576.96		6,683.82		0.00
1-B-3		635419AP9		04/30/2009		6.11532	%		770,788.30		3,928.01		82.07		0.00		770,706.23		4,010.08		0.00
1-B-4		635419AT1		04/30/2009		6.11532	%		835,103.89		4,255.77		88.92		0.00		835,014.97		4,344.69		0.00
1-B-5		635419AU8		04/30/2009		6.11532	%		321,178.44		1,636.76		34.20		0.00		321,144.24		1,670.96		0.00
1-B-6		635419AV6		04/30/2009		6.11532	%		642,380.52		3,297.51		44.53		23.87		642,312.13		3,342.04		219.00
2-A-1		635419AE4		04/30/2009		6.00000	%		189,431,413.98		947,157.07		7,889,491.63		0.00		181,541,922.36		8,836,648.70		0.00
2-A-2		635419AF1		04/30/2009		6.00000	%		10,531,810.85		52,659.05		438,631.75		0.00		10,093,179.10		491,290.80		0.00
2-A-3		635419AG9		04/30/2009		6.00000	%		107,250,413.98		536,252.07		7,889,491.63		0.00		99,360,922.36		8,425,743.70		0.00
2-A-4		635419AH7		04/30/2009		6.00000	%		55,978,000.00		279,890.00		0.00		0.00		55,978,000.00		279,890.00		0.00
2-A-5		635419AJ3		04/30/2009		6.00000	%		26,203,000.00		131,015.00		0.00		0.00		26,203,000.00		131,015.00		0.00
2-PO		635419AL8		04/30/2009		0.00000	%		634,952.16		0.00		42,884.74		0.00		592,067.43		42,884.74		0.00
2-IO		635419AK0		04/30/2009		6.00000	%		0.00		83,734.82		0.00		0.00		0.00		83,734.82		0.00
2-B-1		635419AQ7		04/30/2009		6.00000	%		2,965,787.33		14,828.94		2,392.23		0.00		2,963,395.10		17,221.17		0.00
2-B-2		635419AR5		04/30/2009		6.00000	%		1,547,410.13		7,737.05		1,248.15		0.00		1,546,161.97		8,985.20		0.00
2-B-3		635419AS3		04/30/2009		6.00000	%		645,164.63		3,225.82		520.40		0.00		644,644.23		3,746.22		0.00
2-B-4		635419AW4		04/30/2009		6.00000	%		1,160,311.35		5,801.56		935.92		0.00		1,159,375.43		6,737.48		0.00
2-B-5		635419AX2		04/30/2009		6.00000	%		387,098.78		1,935.49		312.24		0.00		386,786.54		2,247.73		0.00
2-B-6		635419AY0		04/30/2009		6.00000	%		773,350.31		3,866.75		623.79		0.00		772,726.51		4,490.54		218.20
Totals									486,317,035.49		2,520,703.61		19,475,171.46		23.87		466,841,840.18		21,995,875.07		437.20

This report has been compiled from information provided to Wells Fargo Bank, N.A. by various third parties, which may include the Servicer, Master Servicer, Special Servicer and others. Wells Fargo Bank, N.A. has not independently confirmed the accuracy of information received from these third parties and assumes no duty to do so. Wells Fargo Bank, N.A. expressly disclaims any responsibility for the accuracy or completeness of information furnished by third parties.

All Record Dates are based upon the governing documents and logic set forth as of closing.

NOTE: Exchangeable Certificates are the Class 2-A-1, 2-A-3, 2-A-4, and 2-A-5 Certificates.

Page 1

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Distribution Date: 26-May-2009

18-May-2009 3:29:38PM

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Series 2008-1


Contact:		Customer Service — CTSLink Wells Fargo Bank, N.A. Securities Administration Services Frederick, MD 21701-4747 8480 Stagecoach Circle www.ctslink.com Telephone: 1-866-846-4526 Fax: 240-586-8675

Principal Distribution Statement


	Original		Beginning		Scheduled		Unscheduled						Total		Ending		Ending		Total
	Face		Certificate		Principal		Principal				Realized		Principal		Certificate		Certificate		Principal
Class	Amount		Balance		Distribution		Distribution		Accretion		Loss		Reduction		Balance		Percentage		Distribution

1-A-1		115,131,000.00		77,516,431.33		8,253.50		3,021,954.54		0.00		0.00		3,030,208.03		74,486,223.29		0.64696931		3,030,208.03
1-A-2		6,753,000.00		4,546,720.35		484.11		177,252.51		0.00		0.00		177,736.62		4,368,983.73		0.64696931		177,736.62
1-A-3		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00000000		0.00
1-A-R		100.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00000000		0.00
1-B-1		2,894,800.00		2,891,005.41		307.82		0.00		0.00		0.00		307.82		2,890,697.60		0.99858284		307.82
1-B-2		1,286,400.00		1,284,713.75		136.79		0.00		0.00		0.00		136.79		1,284,576.96		0.99858284		136.79
1-B-3		771,800.00		770,788.30		82.07		0.00		0.00		0.00		82.07		770,706.23		0.99858283		82.07
1-B-4		836,200.00		835,103.89		88.92		0.00		0.00		0.00		88.92		835,014.97		0.99858284		88.92
1-B-5		321,600.00		321,178.44		34.20		0.00		0.00		0.00		34.20		321,144.24		0.99858284		34.20
1-B-6		643,223.68		642,380.52		44.53		0.00		0.00		23.87		68.40		642,312.13		0.99858284		44.53
2-A-1		240,175,000.00		189,431,413.98		120,725.91		7,768,765.72		0.00		0.00		7,889,491.63		181,541,922.36		0.75587352		7,889,491.63
2-A-2		13,353,000.00		10,531,810.85		8,495.04		430,136.71		0.00		0.00		438,631.75		10,093,179.10		0.75587352		438,631.75
2-A-3		157,994,000.00		107,250,413.98		152,796.91		7,736,694.72		0.00		0.00		7,889,491.63		99,360,922.36		0.62889048		7,889,491.63
2-A-4		55,978,000.00		55,978,000.00		0.00		0.00		0.00		0.00		0.00		55,978,000.00		1.00000000		0.00
2-A-5		26,203,000.00		26,203,000.00		0.00		0.00		0.00		0.00		0.00		26,203,000.00		1.00000000		0.00
2-PO		710,292.16		634,952.16		505.30		42,379.43		0.00		0.00		42,884.74		592,067.43		0.83355479		42,884.74
2-IO		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00000000		0.00
2-B-1		3,011,000.00		2,965,787.33		2,392.23		0.00		0.00		0.00		2,392.23		2,963,395.10		0.98418967		2,392.23
2-B-2		1,571,000.00		1,547,410.13		1,248.15		0.00		0.00		0.00		1,248.15		1,546,161.97		0.98418967		1,248.15
2-B-3		655,000.00		645,164.63		520.40		0.00		0.00		0.00		520.40		644,644.23		0.98418966		520.40
2-B-4		1,178,000.00		1,160,311.35		935.92		0.00		0.00		0.00		935.92		1,159,375.43		0.98418967		935.92
2-B-5		393,000.00		387,098.78		312.24		0.00		0.00		0.00		312.24		386,786.54		0.98418967		312.24
2-B-6		785,139.83		773,350.31		623.79		0.00		0.00		0.00		623.79		772,726.51		0.98418967		623.79
Totals		630,644,555.67		486,317,035.49		297,987.83		19,177,183.63		0.00		23.87		19,475,195.33		466,841,840.18		0.74026143		19,475,171.46

Page 2

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Distribution Date: 26-May-2009

18-May-2009 3:29:38PM

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Series 2008-1


Contact:		Customer Service — CTSLink Wells Fargo Bank, N.A. Securities Administration Services Frederick, MD 21701-4747 8480 Stagecoach Circle www.ctslink.com Telephone: 1-866-846-4526 Fax: 240-586-8675

Principal Distribution Factors Statement


	Original		Beginning		Scheduled		Unscheduled						Total		Ending		Ending		Total
	Face		Certificate		Principal		Principal				Realized		Principal		Certificate		Certificate		Principal
Class	Amount		Balance		Distribution		Distribution		Accretion		Loss		Reduction		Balance		Percentage		Distribution

1-A-1		115,131,000.00		673.28896066		0.07168790		26.24796571		0.00000000		0.00000000		26.31965353		646.96930705		0.64696931		26.31965353
1-A-2		6,753,000.00		673.28896046		0.07168814		26.24796535		0.00000000		0.00000000		26.31965349		646.96930697		0.64696931		26.31965349
1-A-3		0.00		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000
1-A-R		100.00		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000
1-B-1		2,894,800.00		998.68917024		0.10633550		0.00000000		0.00000000		0.00000000		0.10633550		998.58283819		0.99858284		0.10633550
1-B-2		1,286,400.00		998.68917133		0.10633551		0.00000000		0.00000000		0.00000000		0.10633551		998.58283582		0.99858284		0.10633551
1-B-3		771,800.00		998.68916818		0.10633584		0.00000000		0.00000000		0.00000000		0.10633584		998.58283234		0.99858283		0.10633584
1-B-4		836,200.00		998.68917723		0.10633820		0.00000000		0.00000000		0.00000000		0.10633820		998.58283903		0.99858284		0.10633820
1-B-5		321,600.00		998.68917910		0.10634328		0.00000000		0.00000000		0.00000000		0.10634328		998.58283582		0.99858284		0.10634328
1-B-6		643,223.68		998.68916518		0.06922942		0.00000000		0.00000000		0.03710995		0.10633937		998.58284135		0.99858284		0.06922942
2-A-1		240,175,000.00		788.72244813		0.50265810		32.34627134		0.00000000		0.00000000		32.84892945		755.87351873		0.75587352		32.84892945
2-A-2		13,353,000.00		788.72244814		0.63618962		32.21273946		0.00000000		0.00000000		32.84892908		755.87351906		0.75587352		32.84892908
2-A-3		157,994,000.00		678.82586668		0.96710578		48.96828183		0.00000000		0.00000000		49.93538761		628.89047913		0.62889048		49.93538761
2-A-4		55,978,000.00		1000.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		1000.00000000		1.00000000		0.00000000
2-A-5		26,203,000.00		1000.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		1000.00000000		1.00000000		0.00000000
2-PO		710,292.16		893.93097060		0.71139741		59.66478639		0.00000000		0.00000000		60.37619787		833.55478681		0.83355479		60.37619787
2-IO		0.00		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000
2-B-1		3,011,000.00		984.98416805		0.79449684		0.00000000		0.00000000		0.00000000		0.79449684		984.18967121		0.98418967		0.79449684
2-B-2		1,571,000.00		984.98416932		0.79449395		0.00000000		0.00000000		0.00000000		0.79449395		984.18966900		0.98418967		0.79449395
2-B-3		655,000.00		984.98416794		0.79450382		0.00000000		0.00000000		0.00000000		0.79450382		984.18966412		0.98418966		0.79450382
2-B-4		1,178,000.00		984.98416808		0.79449915		0.00000000		0.00000000		0.00000000		0.79449915		984.18966893		0.98418967		0.79449915
2-B-5		393,000.00		984.98417303		0.79450382		0.00000000		0.00000000		0.00000000		0.79450382		984.18966921		0.98418967		0.79450382
2-B-6		785,139.83		984.98417791		0.79449542		0.00000000		0.00000000		0.00000000		0.79449542		984.18966976		0.98418967		0.79449542

NOTE: All classes per $1,000 denomination.

Page 3

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Distribution Date: 26-May-2009

18-May-2009 3:29:38PM

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Series 2008-1


Contact:		Customer Service — CTSLink Wells Fargo Bank, N.A. Securities Administration Services Frederick, MD 21701-4747 8480 Stagecoach Circle www.ctslink.com Telephone: 1-866-846-4526 Fax: 240-586-8675

Interest Distribution Statement


						Beginning				Payment of								Remaining		Ending
			Current			Certificate/		Current		Unpaid		Current		Non-Supported		Total		Unpaid		Certificate/
		Accrual	Certificate			Notional		Accrued		Interest		Interest		Interest		Interest		Interest		Notional
Class	Accrual Dates	Days	Rate			Balance		Interest		Shortfall (1)		Shortfall (1)		Shortfall		Distribution		Shortfall (1)		Balance

1-A-1	04/01/09 - 04/30/09	30		5.75000	%		77,516,431.33		371,432.90		0.00		0.00		0.00		371,432.90		0.00		74,486,223.29
1-A-2	04/01/09 - 04/30/09	30		6.11532	%		4,546,720.35		23,170.54		0.00		0.00		0.00		23,170.54		0.00		4,368,983.73
1-A-3	04/01/09 - 04/30/09	30		0.36532	%		77,516,431.33		23,598.62		0.00		0.00		0.00		23,598.62		0.00		74,486,223.29
1-A-R	N/A	N/A		6.11344	%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
1-B-1	04/01/09 - 04/30/09	30		6.11532	%		2,891,005.41		14,732.85		0.00		0.00		0.00		14,732.85		0.00		2,890,697.60
1-B-2	04/01/09 - 04/30/09	30		6.11532	%		1,284,713.75		6,547.03		0.00		0.00		0.00		6,547.03		0.00		1,284,576.96
1-B-3	04/01/09 - 04/30/09	30		6.11532	%		770,788.30		3,928.01		0.00		0.00		0.00		3,928.01		0.00		770,706.23
1-B-4	04/01/09 - 04/30/09	30		6.11532	%		835,103.89		4,255.77		0.00		0.00		0.00		4,255.77		0.00		835,014.97
1-B-5	04/01/09 - 04/30/09	30		6.11532	%		321,178.44		1,636.76		0.00		0.00		0.00		1,636.76		0.00		321,144.24
1-B-6	04/01/09 - 04/30/09	30		6.11532	%		642,380.52		3,273.64		23.87		0.00		0.00		3,297.51		0.00		642,312.13
2-A-1	04/01/09 - 04/30/09	30		6.00000	%		189,431,413.98		947,157.07		0.00		0.00		0.00		947,157.07		0.00		181,541,922.36
2-A-2	04/01/09 - 04/30/09	30		6.00000	%		10,531,810.85		52,659.05		0.00		0.00		0.00		52,659.05		0.00		10,093,179.10
2-A-3	04/01/09 - 04/30/09	30		6.00000	%		107,250,413.98		536,252.07		0.00		0.00		0.00		536,252.07		0.00		99,360,922.36
2-A-4	04/01/09 - 04/30/09	30		6.00000	%		55,978,000.00		279,890.00		0.00		0.00		0.00		279,890.00		0.00		55,978,000.00
2-A-5	04/01/09 - 04/30/09	30		6.00000	%		26,203,000.00		131,015.00		0.00		0.00		0.00		131,015.00		0.00		26,203,000.00
2-PO	N/A	N/A		0.00000	%		634,952.16		0.00		0.00		0.00		0.00		0.00		0.00		592,067.43
2-IO	04/01/09 - 04/30/09	30		6.00000	%		16,746,963.77		83,734.82		0.00		0.00		0.00		83,734.82		0.00		16,027,705.91
2-B-1	04/01/09 - 04/30/09	30		6.00000	%		2,965,787.33		14,828.94		0.00		0.00		0.00		14,828.94		0.00		2,963,395.10
2-B-2	04/01/09 - 04/30/09	30		6.00000	%		1,547,410.13		7,737.05		0.00		0.00		0.00		7,737.05		0.00		1,546,161.97
2-B-3	04/01/09 - 04/30/09	30		6.00000	%		645,164.63		3,225.82		0.00		0.00		0.00		3,225.82		0.00		644,644.23
2-B-4	04/01/09 - 04/30/09	30		6.00000	%		1,160,311.35		5,801.56		0.00		0.00		0.00		5,801.56		0.00		1,159,375.43
2-B-5	04/01/09 - 04/30/09	30		6.00000	%		387,098.78		1,935.49		0.00		0.00		0.00		1,935.49		0.00		386,786.54
2-B-6	04/01/09 - 04/30/09	30		6.00000	%		773,350.31		3,866.75		0.00		0.00		0.00		3,866.75		0.00		772,726.51
Totals									2,520,679.74		23.87		0.00		0.00		2,520,703.61		0.00


(1)		Amount also includes Coupon Cap or Basis Risk Shortfalls, if applicable.

Page 4

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Distribution Date: 26-May-2009

18-May-2009 3:29:38PM

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Series 2008-1


Contact:		Customer Service — CTSLink Wells Fargo Bank, N.A. Securities Administration Services Frederick, MD 21701-4747 8480 Stagecoach Circle www.ctslink.com Telephone: 1-866-846-4526 Fax: 240-586-8675

Interest Distribution Factors Statement


						Beginning				Payment of								Remaining		Ending
	Original		Current			Certificate/		Current		Unpaid		Current		Non-Supported		Total		Unpaid		Certificate/
	Face		Certificate			Notional		Accrued		Interest		Interest		Interest		Interest		Interest		Notional
Class	Amount		Rate			Balance		Interest		Shortfall (1)		Shortfall (1)		Shortfall		Distribution		Shortfall (1)		Balance

1-A-1		115,131,000.00		5.75000	%		673.28896066		3.22617627		0.00000000		0.00000000		0.00000000		3.22617627		0.00000000		646.96930705
1-A-2		6,753,000.00		6.11532	%		673.28896046		3.43114764		0.00000000		0.00000000		0.00000000		3.43114764		0.00000000		646.96930697
1-A-3		0.00		0.36532	%		673.28896066		0.20497190		0.00000000		0.00000000		0.00000000		0.20497190		0.00000000		646.96930705
1-A-R		100.00		6.11344	%		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000
1-B-1		2,894,800.00		6.11532	%		998.68917024		5.08941896		0.00000000		0.00000000		0.00000000		5.08941896		0.00000000		998.58283819
1-B-2		1,286,400.00		6.11532	%		998.68917133		5.08942009		0.00000000		0.00000000		0.00000000		5.08942009		0.00000000		998.58283582
1-B-3		771,800.00		6.11532	%		998.68916818		5.08941436		0.00000000		0.00000000		0.00000000		5.08941436		0.00000000		998.58283234
1-B-4		836,200.00		6.11532	%		998.68917723		5.08941641		0.00000000		0.00000000		0.00000000		5.08941641		0.00000000		998.58283903
1-B-5		321,600.00		6.11532	%		998.68917910		5.08942786		0.00000000		0.00000000		0.00000000		5.08942786		0.00000000		998.58283582
1-B-6		643,223.68		6.11532	%		998.68916518		5.08942706		0.03710995		0.00000000		0.00000000		5.12653701		0.00000000		998.58284135
2-A-1		240,175,000.00		6.00000	%		788.72244813		3.94361224		0.00000000		0.00000000		0.00000000		3.94361224		0.00000000		755.87351873
2-A-2		13,353,000.00		6.00000	%		788.72244814		3.94361192		0.00000000		0.00000000		0.00000000		3.94361192		0.00000000		755.87351906
2-A-3		157,994,000.00		6.00000	%		678.82586668		3.39412933		0.00000000		0.00000000		0.00000000		3.39412933		0.00000000		628.89047913
2-A-4		55,978,000.00		6.00000	%		1000.00000000		5.00000000		0.00000000		0.00000000		0.00000000		5.00000000		0.00000000		1000.00000000
2-A-5		26,203,000.00		6.00000	%		1000.00000000		5.00000000		0.00000000		0.00000000		0.00000000		5.00000000		0.00000000		1000.00000000
2-PO		710,292.16		0.00000	%		893.93097060		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		0.00000000		833.55478681
2-IO		0.00		6.00000	%		749.63713301		3.74818572		0.00000000		0.00000000		0.00000000		3.74818572		0.00000000		717.44130292
2-B-1		3,011,000.00		6.00000	%		984.98416805		4.92492195		0.00000000		0.00000000		0.00000000		4.92492195		0.00000000		984.18967121
2-B-2		1,571,000.00		6.00000	%		984.98416932		4.92492043		0.00000000		0.00000000		0.00000000		4.92492043		0.00000000		984.18966900
2-B-3		655,000.00		6.00000	%		984.98416794		4.92491603		0.00000000		0.00000000		0.00000000		4.92491603		0.00000000		984.18966412
2-B-4		1,178,000.00		6.00000	%		984.98416808		4.92492360		0.00000000		0.00000000		0.00000000		4.92492360		0.00000000		984.18966893
2-B-5		393,000.00		6.00000	%		984.98417303		4.92491094		0.00000000		0.00000000		0.00000000		4.92491094		0.00000000		984.18966921
2-B-6		785,139.83		6.00000	%		984.98417791		4.92491892		0.00000000		0.00000000		0.00000000		4.92491892		0.00000000		984.18966976


(1)		Amount also includes Coupon Cap or Basis Risk Shortfalls, if applicable.

NOTE: All classes per $1,000 denomination.

Page 5

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Distribution Date: 26-May-2009

18-May-2009 3:29:38PM

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Series 2008-1


Contact:		Customer Service — CTSLink Wells Fargo Bank, N.A. Securities Administration Services Frederick, MD 21701-4747 8480 Stagecoach Circle www.ctslink.com Telephone: 1-866-846-4526 Fax: 240-586-8675

Certificateholder Account Statement


CERTIFICATE ACCOUNT		PREPAYMENT/CURTAILMENT INTEREST SHORTFALL

Beginning Balance	0.00	Total Prepayment/Curtailment Interest Shortfall	0.00
Deposits		Servicing Fee Support	0.00

Payments of Interest and Principal	13,221,340.75	Non-Supported Prepayment/Curtailment Interest Shortfall	0.00

Reserve Funds and Credit Enhancements	0.00
Proceeds from Repurchased Loans	0.00
Servicer Advances	0.00
Gains & Subsequent Recoveries (Realized Losses)	0.00
Prepayment Penalties	0.00

Total Deposits	13,221,340.75


Withdrawals		ADMINISTRATION FEES

Reserve Funds and Credit Enhancements	0.00	Gross Servicing Fee*	61,851.17
Total Administration Fees	62,114.38	Lender Paid Mortgage Insurance	263.21
Payment of Interest and Principal	13,159,226.37	Supported Prepayment/Curtailment Interest Shortfall	0.00

Total Withdrawals (Pool Distribution Amount)	13,221,340.75

Ending Balance	0.00	Total Administration Fees	62,114.38


*		Servicer Payees include: NATIONAL CITY BANK

Servicer Advances are calculated as delinquent scheduled principal and interest

Page 6

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Distribution Date: 26-May-2009

18-May-2009 3:29:38PM

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Series 2008-1


Contact:		Customer Service — CTSLink Wells Fargo Bank, N.A. Securities Administration Services Frederick, MD 21701-4747 8480 Stagecoach Circle www.ctslink.com Telephone: 1-866-846-4526 Fax: 240-586-8675

Collateral Statement


Group	1		2		Total
Collateral Description	Mixed ARM		Fixed 30 Year		Fixed & Mixed ARM

Weighted Average Coupon Rate		6.365320		6.716115		6.611180
Weighted Average Net Rate		6.115320		6.466115		6.361180
Weighted Average Pass-Through Rate		6.115320		6.464597		6.360117
Weighted Average Remaining Term		343		344		343
Principal and Interest Constant		480,533.61		1,332,389.17		1,812,922.78
Beginning Loan Count		139		311		450
Loans Paid in Full		2		14		16
Ending Loan Count		137		297		434
Beginning Scheduled Balance		88,808,321.99		208,077,299.51		296,885,621.50
Ending Scheduled Balance		85,599,659.15		199,700,258.67		285,299,917.82
Actual Ending Collateral Balance		85,599,659.15		199,700,258.67		285,299,917.82
Scheduled Principal		9,455.79		167,829.98		177,285.77
Unscheduled Principal		3,199,207.05		8,209,210.86		11,408,417.91
Negative Amortized Principal		0.00		0.00		0.00
Scheduled Interest		471,077.82		1,164,559.19		1,635,637.01
Servicing Fees		18,501.73		43,349.44		61,851.17
Master Servicing Fees		0.00		0.00		0.00
Trustee Fee		0.00		0.00		0.00
FRY Amount		0.00		0.00		0.00
Special Hazard Fee		0.00		0.00		0.00
Other Fee		0.00		263.21		263.21
Pool Insurance Fee		0.00		0.00		0.00
Spread 1		0.00		0.00		0.00
Spread 2		0.00		0.00		0.00
Spread 3		0.00		0.00		0.00
Net Interest		452,576.09		1,120,946.54		1,573,522.63
Realized Loss Amount		0.00		0.00		0.00
Cumulative Realized Loss		0.00		0.00		0.00
Percentage of Cumulative Losses		0.0000		0.0000		0.0000
Prepayment Penalty Waived Amount		0.00		0.00		0.00
Prepayment Penalty Waived Count		0		0		0
Prepayment Penalty Paid Amount		0.00		0.00		0.00
Prepayment Penalty Paid Count		0		0		0
Special Servicing Fee		0.00		0.00		0.00

Page 7

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Distribution Date: 26-May-2009

18-May-2009 3:29:38PM

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Series 2008-1


Contact:		Customer Service — CTSLink Wells Fargo Bank, N.A. Securities Administration Services Frederick, MD 21701-4747 8480 Stagecoach Circle www.ctslink.com Telephone: 1-866-846-4526 Fax: 240-586-8675

Additional Reporting — Group Level

Structural Reporting


1
Senior %	92.404799	%
Senior Prepayment %	100.000000	%
Subordinate %	7.595201	%
Subordinate Prepayment %	0.000000	%
2
Senior %	96.394602	%
Senior Prepayment %	100.000000	%
Subordinate %	3.605398	%
Subordinate Prepayment %	0.000000	%

Page 8

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Distribution Date: 26-May-2009

18-May-2009 3:29:38PM

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Series 2008-1


Contact:		Customer Service — CTSLink Wells Fargo Bank, N.A. Securities Administration Services Frederick, MD 21701-4747 8480 Stagecoach Circle www.ctslink.com Telephone: 1-866-846-4526 Fax: 240-586-8675

Delinquency Status — MBA Delinquency Calculation Method


DELINQUENT					BANKRUPTCY					FORECLOSURE					REO					TOTAL
	No. of		Actual			No. of		Actual			No. of		Actual			No. of		Actual			No. of		Actual
	Loans		Balance			Loans		Balance			Loans		Balance			Loans		Balance			Loans		Balance

					0-29 Days		0		0.00	0-29 Days		0		0.00	0-29 Days		0		0.00	0-29 Days		0		0.00
30 Days		7		4,486,483.56	30 Days		0		0.00	30 Days		0		0.00	30 Days		0		0.00	30 Days		7		4,486,483.56
60 Days		0		0.00	60 Days		0		0.00	60 Days		0		0.00	60 Days		0		0.00	60 Days		0		0.00
90 Days		2		1,364,215.83	90 Days		0		0.00	90 Days		0		0.00	90 Days		0		0.00	90 Days		2		1,364,215.83
120 Days		0		0.00	120 Days		0		0.00	120 Days		0		0.00	120 Days		0		0.00	120 Days		0		0.00
150 Days		0		0.00	150 Days		0		0.00	150 Days		0		0.00	150 Days		0		0.00	150 Days		0		0.00
180+ Days		1		512,550.00	180+ Days		1		508,000.00	180+ Days		3		1,954,843.75	180+ Days		2		974,840.54	180+ Days		7		3,950,234.29

		10		6,363,249.39			1		508,000.00			3		1,954,843.75			2		974,840.54			16		9,800,933.68


	No. of			Actual				No. of			Actual				No. of			Actual				No. of			Actual				No. of			Actual
	Loans			Balance				Loans			Balance				Loans			Balance				Loans			Balance				Loans			Balance

							0-29 Days		0.000000	%		0.000000	%	0-29 Days		0.000000	%		0.000000	%	0-29 Days		0.000000	%		0.000000	%	0-29 Days		0.000000	%		0.000000	%
30 Days		1.612903	%		1.572550	%	30 Days		0.000000	%		0.000000	%	30 Days		0.000000	%		0.000000	%	30 Days		0.000000	%		0.000000	%	30 Days		1.612903	%		1.572550	%
60 Days		0.000000	%		0.000000	%	60 Days		0.000000	%		0.000000	%	60 Days		0.000000	%		0.000000	%	60 Days		0.000000	%		0.000000	%	60 Days		0.000000	%		0.000000	%
90 Days		0.460829	%		0.478169	%	90 Days		0.000000	%		0.000000	%	90 Days		0.000000	%		0.000000	%	90 Days		0.000000	%		0.000000	%	90 Days		0.460829	%		0.478169	%
120 Days		0.000000	%		0.000000	%	120 Days		0.000000	%		0.000000	%	120 Days		0.000000	%		0.000000	%	120 Days		0.000000	%		0.000000	%	120 Days		0.000000	%		0.000000	%
150 Days		0.000000	%		0.000000	%	150 Days		0.000000	%		0.000000	%	150 Days		0.000000	%		0.000000	%	150 Days		0.000000	%		0.000000	%	150 Days		0.000000	%		0.000000	%
180+ Days		0.230415	%		0.179653	%	180+ Days		0.230415	%		0.178058	%	180+ Days		0.691244	%		0.685189	%	180+ Days		0.460829	%		0.341690	%	180+ Days		1.612903	%		1.384590	%

		2.304147	%		2.230372	%			0.230415	%		0.178058	%			0.691244	%		0.685189	%			0.460829	%		0.341690	%			3.686636	%		3.435309	%

Please refer to CTSLink.com for a list of delinquency code descriptions.


Current Period Class A Insufficient Funds			0.00			Principal Balance of Contaminated Properties					0.00			Periodic Advance					56,100.78

Page 9

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Distribution Date: 26-May-2009

18-May-2009 3:29:38PM

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Series 2008-1


Contact:		Customer Service — CTSLink Wells Fargo Bank, N.A. Securities Administration Services Frederick, MD 21701-4747 8480 Stagecoach Circle www.ctslink.com Telephone: 1-866-846-4526 Fax: 240-586-8675

Delinquency Status By Group


DELINQUENT							BANKRUPTCY							FORECLOSURE							REO							TOTAL
	No of			Actual				No of			Actual				No of			Actual				No of			Actual				No of			Actual
1 MBA	Loans			Bal				Loans			Balance				Loans			Balance				Loans			Balance				Loans			Balance

							0-29 Days		0			0.00		0-29 Days		0			0.00		0-29 Days		0			0.00		0-29 Days		0			0.00
30 Days		5			2,986,728.93		30 Days		0			0.00		30 Days		0			0.00		30 Days		0			0.00		30 Days		5			2,986,728.93
60 Days		0			0.00		60 Days		0			0.00		60 Days		0			0.00		60 Days		0			0.00		60 Days		0			0.00
90 Days		0			0.00		90 Days		0			0.00		90 Days		0			0.00		90 Days		0			0.00		90 Days		0			0.00
120 Days		0			0.00		120 Days		0			0.00		120 Days		0			0.00		120 Days		0			0.00		120 Days		0			0.00
150 Days		0			0.00		150 Days		0			0.00		150 Days		0			0.00		150 Days		0			0.00		150 Days		0			0.00
180+ Days		1			512,550.00		180+ Days		1			508,000.00		180+ Days		3			1,954,843.75		180+ Days		2			974,840.54		180+ Days		7			3,950,234.29

		6			3,499,278.93				1			508,000.00				3			1,954,843.75				2			974,840.54				12			6,936,963.22

							0-29 Days		0.000000	%		0.000000	%	0-29 Days		0.000000	%		0.000000	%	0-29 Days		0.000000	%		0.000000	%	0-29 Days		0.000000	%		0.000000	%
30 Days		3.649635	%		3.489183	%	30 Days		0.000000	%		0.000000	%	30 Days		0.000000	%		0.000000	%	30 Days		0.000000	%		0.000000	%	30 Days		3.649635	%		3.489183	%
60 Days		0.000000	%		0.000000	%	60 Days		0.000000	%		0.000000	%	60 Days		0.000000	%		0.000000	%	60 Days		0.000000	%		0.000000	%	60 Days		0.000000	%		0.000000	%
90 Days		0.000000	%		0.000000	%	90 Days		0.000000	%		0.000000	%	90 Days		0.000000	%		0.000000	%	90 Days		0.000000	%		0.000000	%	90 Days		0.000000	%		0.000000	%
120 Days		0.000000	%		0.000000	%	120 Days		0.000000	%		0.000000	%	120 Days		0.000000	%		0.000000	%	120 Days		0.000000	%		0.000000	%	120 Days		0.000000	%		0.000000	%
150 Days		0.000000	%		0.000000	%	150 Days		0.000000	%		0.000000	%	150 Days		0.000000	%		0.000000	%	150 Days		0.000000	%		0.000000	%	150 Days		0.000000	%		0.000000	%
180+ Days		0.729927	%		0.598776	%	180+ Days		0.729927	%		0.593460	%	180+ Days		2.189781	%		2.283705	%	180+ Days		1.459854	%		1.138837	%	180+ Days		5.109489	%		4.614778	%

		4.379562	%		4.087959	%			0.729927	%		0.593460	%			2.189781	%		2.283705	%			1.459854	%		1.138837	%			8.759124	%		8.103961	%


DELINQUENT							BANKRUPTCY							FORECLOSURE							REO							TOTAL
	No of			Actual				No of			Actual				No of			Actual				No of			Actual				No of			Actual
2 - MBA	Loans			Bal				Loans			Balance				Loans			Balance				Loans			Balance				Loans			Balance

							0-29 Days		0			0.00		0-29 Days		0			0.00		0-29 Days		0			0.00		0-29 Days		0			0.00
30 Days		2			1,499,754.63		30 Days		0			0.00		30 Days		0			0.00		30 Days		0			0.00		30 Days		2			1,499,754.63
60 Days		0			0.00		60 Days		0			0.00		60 Days		0			0.00		60 Days		0			0.00		60 Days		0			0.00
90 Days		2			1,364,215.83		90 Days		0			0.00		90 Days		0			0.00		90 Days		0			0.00		90 Days		2			1,364,215.83
120 Days		0			0.00		120 Days		0			0.00		120 Days		0			0.00		120 Days		0			0.00		120 Days		0			0.00
150 Days		0			0.00		150 Days		0			0.00		150 Days		0			0.00		150 Days		0			0.00		150 Days		0			0.00
180+ Days		0			0.00		180+ Days		0			0.00		180+ Days		0			0.00		180+ Days		0			0.00		180+ Days		0			0.00

		4			2,863,970.46				0			0.00				0			0.00				0			0.00				4			2,863,970.46

							0-29 Days		0.000000	%		0.000000	%	0-29 Days		0.000000	%		0.000000	%	0-29 Days		0.000000	%		0.000000	%	0-29 Days		0.000000	%		0.000000	%
30 Days		0.673401	%		0.751003	%	30 Days		0.000000	%		0.000000	%	30 Days		0.000000	%		0.000000	%	30 Days		0.000000	%		0.000000	%	30 Days		0.673401	%		0.751003	%
60 Days		0.000000	%		0.000000	%	60 Days		0.000000	%		0.000000	%	60 Days		0.000000	%		0.000000	%	60 Days		0.000000	%		0.000000	%	60 Days		0.000000	%		0.000000	%
90 Days		0.673401	%		0.683132	%	90 Days		0.000000	%		0.000000	%	90 Days		0.000000	%		0.000000	%	90 Days		0.000000	%		0.000000	%	90 Days		0.673401	%		0.683132	%
120 Days		0.000000	%		0.000000	%	120 Days		0.000000	%		0.000000	%	120 Days		0.000000	%		0.000000	%	120 Days		0.000000	%		0.000000	%	120 Days		0.000000	%		0.000000	%
150 Days		0.000000	%		0.000000	%	150 Days		0.000000	%		0.000000	%	150 Days		0.000000	%		0.000000	%	150 Days		0.000000	%		0.000000	%	150 Days		0.000000	%		0.000000	%
180+ Days		0.000000	%		0.000000	%	180+ Days		0.000000	%		0.000000	%	180+ Days		0.000000	%		0.000000	%	180+ Days		0.000000	%		0.000000	%	180+ Days		0.000000	%		0.000000	%

		1.346801	%		1.434135	%			0.000000	%		0.000000	%			0.000000	%		0.000000	%			0.000000	%		0.000000	%			1.346801	%		1.434135	%

Page 10

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Distribution Date: 26-May-2009

18-May-2009 3:29:38PM

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Series 2008-1


Contact:		Customer Service — CTSLink Wells Fargo Bank, N.A. Securities Administration Services Frederick, MD 21701-4747 8480 Stagecoach Circle www.ctslink.com Telephone: 1-866-846-4526 Fax: 240-586-8675

Please refer to CTSLink.com for a list of delinquency code descriptions.

Page 11

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Distribution Date: 26-May-2009

18-May-2009 3:29:38PM

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Series 2008-1


Contact:		Customer Service — CTSLink Wells Fargo Bank, N.A. Securities Administration Services Frederick, MD 21701-4747 8480 Stagecoach Circle www.ctslink.com Telephone: 1-866-846-4526 Fax: 240-586-8675

180+ Delinquency Summary


	Summary						1						2
	Number		Outstanding		Percentage		Number		Outstanding		Percentage		Number		Outstanding		Percentage
	Of		Actual		Of		Of		Actual		Of		Of		Actual		Of
	Loans		Balance($)		Balance(%)		Loans		Balance($)		Balance(%)		Loans		Balance($)		Balance(%)

Days Delinquent
180 - 209		2		1,454,843.75		0.510		2		1,454,843.75		1.700		0		0.00		0.000
270 - 299		2		1,020,550.00		0.358		2		1,020,550.00		1.192		0		0.00		0.000
300 - 329		1		500,000.00		0.175		1		500,000.00		0.584		0		0.00		0.000
360 - 389		1		551,200.00		0.193		1		551,200.00		0.644		0		0.00		0.000
420 - 449		1		423,640.54		0.148		1		423,640.54		0.495		0		0.00		0.000

Total		7		3,950,234.29		1.384		7		3,950,234.29		4.615		0		0.00		0.000

This report includes all loans greater than 180 days delinquent regardless of status (REO, Foreclosure, Bankruptcy)

Page 12

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Distribution Date: 26-May-2009

18-May-2009 3:29:38PM

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Series 2008-1


Contact:		Customer Service — CTSLink Wells Fargo Bank, N.A. Securities Administration Services Frederick, MD 21701-4747 8480 Stagecoach Circle www.ctslink.com Telephone: 1-866-846-4526 Fax: 240-586-8675

REO Detail — All Mortgage Loans in REO during Current Period

Summary


New REO Loans
Loans in REO			0
Original Principal Balance			0.00
Current Actual Balance			0.00
Current REO Total
Loans in REO			2
Original Principal Balance			974,950.00
Current Actual Balance			974,840.54

12 Month REO History


New REO Loans
Loans in REO			0
Original Principal Balance			0.00
Current Actual Balance			0.00
Current REO Total
Loans in REO			2
Original Principal Balance			974,950.00
Current Actual Balance			974,840.54

12 Month REO History

2 — No REO Information to report this period.

REO Loan Detail — All Mortgage Loans in REO during Current Period

First

Original

Current

Approximate

Loan

Month Loan

Payment

LTV at

Principal

Actual

Months

Current

Delinquent

Group

Number

Entered REO

Date

State

Origination

Balance

Paid To Date

Delinquent

Loan Rate

Interest

0005615504

Feb-2009

01-Sep-2007

75.00

423,750.00

423,640.54

01-Feb-2008

6.125

33,185.12

0005647301

Mar-2009

01-Aug-2007

80.00

551,200.00

01-Apr-2008

6.500

40,191.62

Page 13

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Distribution Date: 26-May-2009

18-May-2009 3:29:38PM

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Series 2008-1


Contact:		Customer Service — CTSLink Wells Fargo Bank, N.A. Securities Administration Services Frederick, MD 21701-4747 8480 Stagecoach Circle www.ctslink.com Telephone: 1-866-846-4526 Fax: 240-586-8675

Foreclosure Detail — All Mortgage Loans in Foreclosure during Current Period

Summary


New Foreclosure Loans
Loans in Foreclosure			0
Original Principal Balance			0.00
Current Actual Balance			0.00
Current Foreclosure Total
Loans in Foreclosure			3
Original Principal Balance			1,955,500.00
Current Actual Balance			1,954,843.75

12 Month Foreclosure History


New Foreclosure Loans
Loans in Foreclosure			0
Original Principal Balance			0.00
Current Actual Balance			0.00
Current Foreclosure Total
Loans in Foreclosure			3
Original Principal Balance			1,955,500.00
Current Actual Balance			1,954,843.75

12 Month Foreclosure History


New Foreclosure Loans
Loans in Foreclosure			0
Original Principal Balance			0.00
Current Actual Balance			0.00
Current Foreclosure Total
Loans in Foreclosure			0
Original Principal Balance			0.00
Current Actual Balance			0.00

12 Month Foreclosure History

Page 14

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Distribution Date: 26-May-2009

18-May-2009 3:29:38PM

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Series 2008-1


Contact:		Customer Service — CTSLink Wells Fargo Bank, N.A. Securities Administration Services Frederick, MD 21701-4747 8480 Stagecoach Circle www.ctslink.com Telephone: 1-866-846-4526 Fax: 240-586-8675

Foreclosure Loan Detail — All Mortgage Loans in Foreclosure during Current Period


				First				Original		Current								Approximate
	Loan		Month Loan	Payment		LTV at		Principal		Actual			Months		Current			Delinquent
Group	Number		Entered FC	Date	State	Origination		Balance		Balance		Paid To Date	Delinquent		Loan Rate			Interest

1		0005665998	Jan-2009	01-Sep-2007	CA		80.00		500,000.00		500,000.00	01-Jun-2008		10		6.500	%		31,250.04
1		0005857914	Feb-2009	01-Dec-2007	WA		80.00		668,000.00		668,000.00	01-Oct-2008		6		6.375	%		27,276.64
1		0005869379	Feb-2009	01-Dec-2007	CA		71.92		787,500.00		786,843.75	01-Oct-2008		6		7.125	%		36,063.68

Page 15

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Distribution Date: 26-May-2009

18-May-2009 3:29:38PM

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Series 2008-1


Contact:		Customer Service — CTSLink Wells Fargo Bank, N.A. Securities Administration Services Frederick, MD 21701-4747 8480 Stagecoach Circle www.ctslink.com Telephone: 1-866-846-4526 Fax: 240-586-8675

Bankruptcy Detail — All Mortgage Loans in Bankruptcy during Current Period

Summary


New Bankruptcy Loans
Loans in Bankruptcy			0
Original Principal Balance			0.00
Current Actual Balance			0.00

Current Bankruptcy Total
Loans in Bankruptcy			1
Original Principal Balance			508,000.00
Current Actual Balance			508,000.00

12 Month Bankruptcy History


New Bankruptcy Loans
Loans in Bankruptcy			0
Original Principal Balance			0.00
Current Actual Balance			0.00

Current Bankruptcy Total
Loans in Bankruptcy			1
Original Principal Balance			508,000.00
Current Actual Balance			508,000.00

12 Month Bankruptcy History

2 — No Bankruptcy Information to report this period.

Bankruptcy Detail — All Mortgage Loans in Bankruptcy during Current Period

Month Loan

First

Original

Current

Approximate

Loan

Entered

Payment

LTV at

Principal

Actual

Months

Current

Delinquent

Group

Number

Bankruptcy

Date

State

Origination

Balance

Paid To Date

Delinquent

Loan Rate

Interest

0005705364

Mar-2009

01-Sep-2007

80.00

508,000.00

01-Jul-2008

6.375

28,522.12

Page 16

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Distribution Date: 26-May-2009

18-May-2009 3:29:38PM

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Series 2008-1


Contact:		Customer Service — CTSLink Wells Fargo Bank, N.A. Securities Administration Services Frederick, MD 21701-4747 8480 Stagecoach Circle www.ctslink.com Telephone: 1-866-846-4526 Fax: 240-586-8675

Realized Loss Detail Report — Loans with Losses During Current Period


	Inactive									Inactive									Totals
	# Loans		Liquidated		Realized		Current			# Loans		Ending		Realized		Current			# Loans		Liquidated or		Realized		Current
	with		Actual		Loss/(Gain)		Loss			with		Actual		Loss/(Gain)		Loss			with		Ending Actual		Loss/(Gain)		Loss
Group	Losses		Balance		Amount		Percentage			Losses		Balance		Amount		Percentage			Losses		Balance		Amount		Percentage

1		0		0.00		0.00		0.000	%		0		0.00		0.00		0.000	%		0		0.00		0.00		0.000	%
2		0		0.00		0.00		0.000	%		0		0.00		0.00		0.000	%		0		0.00		0.00		0.000	%
Total		0		0.00		0.00		0.000	%		0		0.00		0.00		0.000	%		0		0.00		0.00		0.000	%

Realized Loss Loan Detail Report — Loans with Losses During Current Period

Original

Liquidated or

Liquidation

Cumulative

Loan

Principal

Current

LTV at

Original

Ending Actual

Effective

Realized

Group

Number

Balance

Note Rate

State

Origination

Term

Balance

Date

Loss/(Gain)

No Losses this Period

Page 17

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Distribution Date: 26-May-2009

18-May-2009 3:29:38PM

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Series 2008-1


Contact:		Customer Service — CTSLink Wells Fargo Bank, N.A. Securities Administration Services Frederick, MD 21701-4747 8480 Stagecoach Circle www.ctslink.com Telephone: 1-866-846-4526 Fax: 240-586-8675

Realized Loss Report — Collateral

Summary — No Realized Loss Information to report this period.

1 — No Realized Loss Information to report this period.

2 — No Realized Loss Information to report this period.

Calculation Methodology:


Monthly Default Rate (MDR):		Sum(Beg Scheduled Balance of Liquidated Loans) / Sum(Beg Scheduled Balance)


Conditional Default Rate (CDR):		1-((1-MDR)^12)


SDA Standard Default Assumption:		If WAS £ 30 then CDR / (WAS * 0.02) else if 30 < WAS £ 60 then CDR / 0.6 else if 60 < WAS £ 120 then CDR / (0.6 - ((WAS - 60) * 0.0095)) else if WAS > 120 then CDR / 0.03


Cumulative Loss Severity:		Sum(All Realized Losses) / Sum(Actual Liquidated Balance for loans that have experienced a loss). 3 Month Average and 12 Month Average will not have values until the 3rd and 12th month respectively.

Page 18

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Distribution Date: 26-May-2009

18-May-2009 3:29:38PM

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Series 2008-1


Contact:		Customer Service — CTSLink Wells Fargo Bank, N.A. Securities Administration Services Frederick, MD 21701-4747 8480 Stagecoach Circle www.ctslink.com Telephone: 1-866-846-4526 Fax: 240-586-8675

Prepayment Detail — Prepayments During the Current Period

Summary


	Loans Paid in Full						Repurchased Loans						Substitution Loans						Liquidated Loans						Curtailments
			Original		Current				Original		Current				Original		Current				Original		Current
			Principal		Scheduled				Principal		Scheduled				Principal		Scheduled				Principal		Scheduled		Curtailment
	Count		Balance		Balance		Count		Balance		Balance		Count		Balance		Balance		Count		Balance		Balance		Amount

1		2		1,090,000.00		1,089,857.52		0		0.00		0.00		0		0.00		0.00		0		0.00		0.00		2,109,349.53
2		14		8,307,720.00		8,181,568.72		0		0.00		0.00		0		0.00		0.00		0		0.00		0.00		27,642.14
Total		16		9,397,720.00		9,271,426.24		0		0.00		0.00		0		0.00		0.00		0		0.00		0.00		2,136,991.67

Prepayment Loan Detail — Prepayments during Current Period


						First	Original								Current
	Loan			LTV at		Payment	Principal		Prepayment			Months			Loan			Original
Group	Number		State	Origination		Date	Balance		Amount		PIF Type	Delinquent			Rate			Term		Seasoning

1		0005820622	PA		80.00	01-Oct-2007		524,000.00		523,857.52	Loan Paid in Full		0			6.625	%		360		19
1		0005857178	MD		73.03	01-Dec-2007		566,000.00		566,000.00	Loan Paid in Full		(1	)		6.750	%		360		17
2		0004946351	MI		80.00	01-Feb-2008		720,000.00		710,776.50	Loan Paid in Full		0			7.000	%		360		15
2		0005673370	MA		80.00	01-Oct-2007		648,800.00		631,711.44	Loan Paid in Full		0			7.000	%		360		19
2		0005696524	TX		80.00	01-Nov-2007		720,000.00		708,290.16	Loan Paid in Full		0			6.750	%		360		18
2		0005699955	MD		80.00	01-Nov-2007		583,920.00		574,198.40	Loan Paid in Full		0			6.625	%		360		18
2		0005725707	VA		68.99	01-Nov-2007		445,000.00		444,289.05	Loan Paid in Full		(1	)		6.625	%		360		18
2		0005814656	PA		80.00	01-Jan-2008		530,000.00		520,372.37	Loan Paid in Full		0			6.875	%		360		16
2		0005828622	NC		80.00	01-Nov-2007		681,600.00		671,028.90	Loan Paid in Full		0			7.000	%		360		18
2		0005852520	VA		80.00	01-Dec-2007		493,600.00		485,645.29	Loan Paid in Full		0			6.625	%		360		17
2		0005860227	ME		78.79	01-Dec-2007		650,000.00		639,565.70	Loan Paid in Full		0			6.500	%		360		17
2		0005877530	UT		64.71	01-Dec-2007		550,000.00		538,880.59	Loan Paid in Full		0			7.250	%		360		17
2		0005886834	OR		40.76	01-Feb-2008		611,400.00		600,000.00	Loan Paid in Full		0			6.625	%		360		15
2		0005901049	VA		80.00	01-Feb-2008		544,000.00		544,000.00	Loan Paid in Full		0			7.125	%		360		15
2		0005918734	MO		53.93	01-Mar-2008		515,000.00		507,233.15	Loan Paid in Full		0			5.750	%		360		15
2		0005925073	VA		80.00	01-Mar-2008		614,400.00		605,577.17	Loan Paid in Full		(1	)		6.375	%		360		15

Page 19

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Distribution Date: 26-May-2009

18-May-2009 3:29:38PM

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Series 2008-1


Contact:		Customer Service — CTSLink Wells Fargo Bank, N.A. Securities Administration Services Frederick, MD 21701-4747 8480 Stagecoach Circle www.ctslink.com Telephone: 1-866-846-4526 Fax: 240-586-8675

Prepayment Penalty Detail — Prepayment Penalty Paid during Current Period


							Prepayment
					Prepayment		Penalty
Summary	Loan Count		Prior Balance		Penalty Amount		Waived
1		0		0.00		0.00		0.00
2		0		0.00		0.00		0.00
Total		0		0.00		0.00		0.00

Prepayment Penalty Loan Detail — Prepayment Penalty Paid during Current Peri

Loan

Paid In Full

Prior

Prepayment Penalty

Group

Number

Date

Balance

Amount

Waived

No Prepayment Penalties this Period

Page 20

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Distribution Date: 26-May-2009

18-May-2009 3:29:38PM

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Series 2008-1


Contact:		Customer Service — CTSLink Wells Fargo Bank, N.A. Securities Administration Services Frederick, MD 21701-4747 8480 Stagecoach Circle www.ctslink.com Telephone: 1-866-846-4526 Fax: 240-586-8675

Prepayment Rates

Summary


SMM			CPR			PSA

Current Month	3.845	%	Current Month	37.531	%	Current Month	1,124.186	%
3 Month Average	3.122	%	3 Month Average	30.988	%	3 Month Average	991.214	%
12 Month Average	2.614	%	12 Month Average	19.285	%	12 Month Average	935.555	%


SMM			CPR			PSA

Current Month	3.603	%	Current Month	35.616	%	Current Month	1,021.285	%
3 Month Average	2.774	%	3 Month Average	27.164	%	3 Month Average	832.436	%
12 Month Average	2.746	%	12 Month Average	21.167	%	12 Month Average	1,024.032	%

Page 21

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Distribution Date: 26-May-2009

18-May-2009 3:29:38PM

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Series 2008-1


Contact:		Customer Service — CTSLink Wells Fargo Bank, N.A. Securities Administration Services Frederick, MD 21701-4747 8480 Stagecoach Circle www.ctslink.com Telephone: 1-866-846-4526 Fax: 240-586-8675

Prepayment Rates


SMM			CPR			PSA

Current Month	3.948	%	Current Month	38.333	%	Current Month	1,170.579	%
3 Month Average	3.269	%	3 Month Average	32.455	%	3 Month Average	1,058.095	%
12 Month Average	2.553	%	12 Month Average	18.182	%	12 Month Average	872.558	%

Calculation Methodology:

Single Month Mortality (SMM): (Partial and full prepayments + Repurchases) / (Beginning Scheduled Balance – Scheduled Principal)

Conditional PrePayment Rate (CPR): 1 — ((1 — SMM)^12)

PSA Standard Prepayment Model: 100 * CPR / (0.2 * MIN(30,WAS))

Weighted Average Seasoning (WAS): sum for each loan ((Original Term — Remaining Term)*(Current Scheduled Balance/Deal Scheduled Principal Balance))

Page 22

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Distribution Date: 26-May-2009

18-May-2009 3:29:38PM

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Series 2008-1


Contact:		Customer Service — CTSLink Wells Fargo Bank, N.A. Securities Administration Services Frederick, MD 21701-4747 8480 Stagecoach Circle www.ctslink.com Telephone: 1-866-846-4526 Fax: 240-586-8675

Modification Summary


								Current		Current
								Scheduled		Scheduled		Current
	Loan Count		Loan Count		Loan			Balance		Balance		Scheduled
	(Numerator)		(Denominator)		Count %			(Numerator)		(Denominator)		Balance %

Number of loans modified within the past 12 months that are currently delinquent (against the total number of loans delinquent within the deal)		0		16		0.000	%		0.00		9,800,933.68		0.000	%

Number of modified loans that have passed the loan modification performance test (against the total number of modified loans)		0		0		0.000	%		0.00		0.00		0.000	%

Number of loans modified in the current cycle (against the number of loans within the deal)		0		434		0.000	%		0.00		285,299,917.82		0.000	%

Number of modified loans (against the total number of loans within the deal)		0		434		0.000	%		0.00		285,299,917.82		0.000	%

Number of loans modified within the last 12 months (against the total number of modified loans within the deal)		0		0		0.000	%		0.00		0.00		0.000	%

Number of loans modified within the last 12 months (against the total number of loans within the deal)		0		434		0.000	%		0.00		285,299,917.82		0.000	%

Number of modified loans that are not currently delinquent after the modification (against the number of modified loans within the deal)		0		0		0.000	%		0.00		0.00		0.000	%

Number of loans modified in the current cycle that are not currently delinquent (against the number of loans modified in the current cycle)		0		0		0.000	%		0.00		0.00		0.000	%

Number of loans modified in the current cycle that are currently delinquent (against the number of loans modified in the current cycle)		0		0		0.000	%		0.00		0.00		0.000	%

Number of modified loans that were not delinquent at the time of the modification (against the number of loans modified within the deal)		0		0		0.000	%		0.00		0.00		0.000	%

Number of modified loans that were delinquent at the time of the modification (against the total number of loans modified within the deal)		0		0		0.000	%		0.00		0.00		0.000	%

Delinquencies are classified based on the logic set forth in the governing documents.

If a loan is modified in the first month of the security it is assumed the loan is delinquent.

This summary excludes inactive loans.

Page 23

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Distribution Date: 26-May-2009

18-May-2009 3:29:38PM

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Series 2008-1


Contact:		Customer Service — CTSLink Wells Fargo Bank, N.A. Securities Administration Services Frederick, MD 21701-4747 8480 Stagecoach Circle www.ctslink.com Telephone: 1-866-846-4526 Fax: 240-586-8675

Modification Detail

Modification Detail Summary


	Current												Cumulative
			Original		Current				Capitalized						Original		Current				Capitalized
	Loan		Principal		Scheduled		Capitalized		Reimbursement		Total		Loan		Principal		Scheduled		Capitalized		Reimbursement		Total
Groups	Count		Balance		Balance		Amount		Amount		Forgiveness		Count		Balance		Balance		Amount		Amount		Forgiveness

1		0		0.00		0.00		0.00		0.00		0.00		0		0.00		0.00		0.00		0.00		0.00
2		0		0.00		0.00		0.00		0.00		0.00		0		0.00		0.00		0.00		0.00		0.00
Total		0		0.00		0.00		0.00		0.00		0.00		0		0.00		0.00		0.00		0.00		0.00

Current Month Modification Detail

Mod Appr

Total

No of

Date/Mod

Total

Capitalized

Times

No of

Loan Number/

Effective

Capitalized

Reimb.

Total

Loan

Months

Loan

Next

Interest

Payment

Maturity

Balloon

Scheduled

Original Balance

Date

Amount

Forgiveness

Modified

Delinq.

Status

Due Date

Rate

Amount

Date

Amount

Date

Balance

No Modifications this Period

Historical Modification Detail

Mod Appr

Total

No of

Date/Mod

Total

Capitalized

Times

No of

Loan Number/

Effective

Capitalized

Reimb.

Total

Loan

Months

Loan

Next

Interest

Payment

Maturity

Balloon

Scheduled

Original Balance

Date

Amount

Forgiveness

Modified

Delinq.

Status

Due Date

Rate

Amount

Date

Amount

Date

Balance

No Modifications Prior to this Period

Page 24

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Distribution Date: 26-May-2009

18-May-2009 3:29:38PM

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Series 2008-1


Contact:		Customer Service — CTSLink Wells Fargo Bank, N.A. Securities Administration Services Frederick, MD 21701-4747 8480 Stagecoach Circle www.ctslink.com Telephone: 1-866-846-4526 Fax: 240-586-8675

Modified Data Elements

Original

% of Original

Current

% of Current

CURRENT PERIOD SUMMARY

# of

% of

Principal

Scheduled

Modifications

Balance

No Modifications to report this Period *

Total

Original

% of Original

Current

% of Current

CUMULATIVE SUMMARY

# of

% of

Principal

Scheduled

Modifications

Balance

No Modifications to report *

Total

Current Modified Data Elements Detail

Modification

Original

Current

Interest

Principal

Maturity

Scheduled

Balloon

Fixed To

IO To Fully

Fully

Approved

Effective

Principal

Scheduled

Rate

Balance

Date

P&I

Date

Amt

ARM to Fixed

ARM

Amortizing

Streamlined

Loan Number

Date

Balance

Change

To IO Change

Modification

No Modifications this Period

For Additional Footnote information, please see bottom of the Historical Modified Data Elements Detail Section.

Historical Modified Data Elements Detail

Modification

Original

Current

Interest

Principal

Maturity

Scheduled

Balloon

Fixed To

IO To Fully

Fully

Approved

Effective

Principal

Scheduled

Rate

Balance

Date

P&I

Date

Amt

ARM to Fixed

ARM

Amortizing

Streamlined

Loan Number

Date

Balance

Change

To IO Change

Modification

No Modifications Prior to this Period


*		Loans that are listed in the Modification Detail Section, and are not listed in the Modified Data Elements Section may have been reported prior to November 2008 or incurred one or more ARM Parameter changes.

Page 25

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Distribution Date: 26-May-2009

18-May-2009 3:29:38PM

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Series 2008-1


Contact:		Customer Service — CTSLink Wells Fargo Bank, N.A. Securities Administration Services Frederick, MD 21701-4747 8480 Stagecoach Circle www.ctslink.com Telephone: 1-866-846-4526 Fax: 240-586-8675

Future Modifications

Future Modification Summary


			Original		Current
	Loan		Principal		Scheduled
Groups	Count		Balance		Balance

1		0		0.00		0.00
2		0		0.00		0.00
Total		0		0.00		0.00

Future Modification Detail

Modification

Original

Approved Date/

No of

Current Sched

Principal

Modification

Previously

Months

Next Due

Interest

Payment

Maturity

Balloon

Balance/Modified

Loan Number

Balance

Effective Date

Modified

Delinq.

Loan Status

Date

Rate

Amount

Date

Amount

Date

Beginning Balance

No Future Modifications this Period

Page 26

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Distribution Date: 26-May-2009

18-May-2009 3:29:38PM

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Series 2008-1


Contact:		Customer Service — CTSLink Wells Fargo Bank, N.A. Securities Administration Services Frederick, MD 21701-4747 8480 Stagecoach Circle www.ctslink.com Telephone: 1-866-846-4526 Fax: 240-586-8675

Substitutions

Loans Repurchased

Loans Substituted

Current

Loan

Scheduled

Current

Loan

Scheduled

Current

Number

Balance

Rate

Payment

Number

Balance

Rate

Payment

No Substitutions this Period

Repurchases Due to Breaches

Beginning

Loan

Scheduled

Payoff

Current

Number

Balance

Rate

Payment

No Repurchases Due to Breaches this Period

Repurchases Due to Other

Beginning

Loan

Scheduled

Payoff

Current

Number

Balance

Rate

Payment

No Repurchases Due to Other this Period

Page 27

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Distribution Date: 26-May-2009

18-May-2009 3:29:38PM

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Series 2008-1


Contact:		Customer Service — CTSLink Wells Fargo Bank, N.A. Securities Administration Services Frederick, MD 21701-4747 8480 Stagecoach Circle www.ctslink.com Telephone: 1-866-846-4526 Fax: 240-586-8675

Interest Rate Stratification


Summary									1						2

			Number		Outstanding		Percentage		Number		Outstanding		Percentage		Number		Outstanding		Percentage
Current Interest			Of		Scheduled		Of		Of		Scheduled		Of		Of		Scheduled		Of
Rate Range (%)			Loans		Balance($)		Balance(%)		Loans		Balance($)		Balance(%)		Loans		Balance($)		Balance(%)

		< 5.000		0		0.00		0.000		0		0.00		0.000		0		0.00		0.000
5.000		5.249		0		0.00		0.000		0		0.00		0.000		0		0.00		0.000
5.250		5.499		0		0.00		0.000		0		0.00		0.000		0		0.00		0.000
5.500		5.749		7		4,243,621.62		1.487		5		2,834,395.70		3.311		2		1,409,225.92		0.706
5.750		5.999		27		17,755,547.90		6.223		19		13,014,210.14		15.204		8		4,741,337.76		2.374
6.000		6.249		25		16,034,288.93		5.620		20		12,290,199.32		14.358		5		3,744,089.61		1.875
6.250		6.499		76		51,168,097.22		17.935		35		22,108,188.49		25.827		41		29,059,908.73		14.552
6.500		6.749		108		71,883,022.87		25.196		21		13,785,301.19		16.104		87		58,097,721.68		29.092
6.750		6.999		114		73,676,056.28		25.824		24		13,616,840.30		15.908		90		60,059,215.98		30.075
7.000		7.249		43		29,376,830.24		10.297		10		6,320,715.44		7.384		33		23,056,114.80		11.545
7.250		7.499		20		11,627,915.17		4.076		3		1,629,808.57		1.904		17		9,998,106.60		5.007
7.500		7.749		10		7,267,095.15		2.547		0		0.00		0.000		10		7,267,095.15		3.639
7.750		7.999		2		992,291.52		0.348		0		0.00		0.000		2		992,291.52		0.497
8.000		8.249		0		0.00		0.000		0		0.00		0.000		0		0.00		0.000
8.250		8.499		1		777,526.77		0.273		0		0.00		0.000		1		777,526.77		0.389
8.500		8.749		1		497,624.15		0.174		0		0.00		0.000		1		497,624.15		0.249
8.750		8.999		0		0.00		0.000		0		0.00		0.000		0		0.00		0.000
>= 9.000				0		0.00		0.000		0		0.00		0.000		0		0.00		0.000

	Total			434		285,299,917.82		100.000		137		85,599,659.15		100.000		297		199,700,258.67		100.000

Page 28

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Distribution Date: 26-May-2009

18-May-2009 3:29:38PM

NATIONAL CITY MORTGAGE LOAN TRUST
Mortgage-Backed Certificates
Series 2008-1


Contact:		Customer Service — CTSLink Wells Fargo Bank, N.A. Securities Administration Services Frederick, MD 21701-4747 8480 Stagecoach Circle www.ctslink.com Telephone: 1-866-846-4526 Fax: 240-586-8675

Supplemental Reporting

Record Date

The last day of the month (or, if such day is not a Business Day, the preceding Business Day) preceding the month in which the related Distribution Date occurs.

Interest Accrual Period

As to any Distribution Date and each interest-bearing Class of Certificates, the period from and including the first day of the calendar month preceding the calendar month of such Distribution Date to but not including the first day of the calendar month of such Distribution Date.

Distribution Date

The 25th day of each month beginning in March 2008 (or, if such day is not a Business Day, the next Business Day).

Determination Date

With respect to each Distribution Date, the 16th day of the calendar month in which such Distribution Date occurs or, if such 16th day is not a Business Day, the Business Day immediately preceding such 16th day.

Closing Date

February 28, 2008.

Business Day

Any day other than (i) a Saturday or a Sunday or (ii) a day on which banking institutions in the State of Ohio, the State of New York, the State of Minnesota, each state in which the servicing offices of the Servicer are located or each state in which the Corporate Trust Office is located are required or authorized by law or executive order to be closed.

Remittance Date

As to any Distribution Date, by 2:00 p.m. Eastern time on the 18th day of the month (or if such day is not a Business Day, the preceding Business Day) of such Distribution Date.

Miscellaneous Modification Reporting Footnote

In the absence of specific guidance in the governing agreements, Wells Fargo Bank, N.A. has determined that a reduction in principal agreed to by a servicer in connection with a loan modification should be treated in a manner similar to a realized principal loss on the related loan.




National City Mortgage Capital Trust 2008-1 (issuing entity)
By:	National City Mortgage Capital LLC, as Depositor
By:	/s/ Theodore W. Tozer
	Name:	Theodore W. Tozer
	Title:	Vice President & Secretary

Page 29

National City Mortgage Capital Trust 2008-1 10-D