SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 UNITED STATES ASSET-BACKED ISSUER THE SECURITIES EXCHANGE ACT OF 1934 For the monthly distribution period from (Exact name of depositor as specified in its charter) (State or other jurisdiction of incorporation or organization of the issuing entity) (Telephone number, including area code) 2 56 - ON co tv - 0 7 Bond Securitization, LLC (I.R.S. Employer Identification No.) 04-3852531, 04-3852532, 04-3852533, 04-3852534, 04-3852535, 04- 3852536, 04-3852537, 04-3852538, 04-3852539, 04-3852540 (Address of principal executive offices of issuing entity) (Zip Code) DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF to 26-~~Sep~~Oct-07 (Exact name of issuing entity as specified in its charter) Commission File Number of Issuing entity: 333-136741-03 Commission File Number of depositor: 333-136741 (Exact name of sponsor as specified in its charter) CREDIT-BASED ASSET SERVICING AND SECURITIZATION LLC (Former name, former address, if changed since last report) No Change C-BASS 2007-CB1 Trust c/o U.S. Bank National Association 60 Livingston Avenue St. Paul, MN 55107 6 5 1 - 4 9 5 - 3 8 4 7 New York FORM 10-D

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