New Century Home Equity Loan Trust 2006-1

Mortgage Pass-Through Certificates

June 26, 2006 Distribution

External Parties

Table of Contents

Page

Seller

New Century Credit Corp.

1. Certificate Payment Report

2. Collection Account Report

Servicer(s)

3. Credit Enhancement Report

New Century Mortgage Corporation

4. Collateral Report

5. Delinquency Report

Underwriter(s)

6. REO Report

Credit Suisse Securities LLC

7. Foreclosure Report

8. Prepayment Report

Swap Counterparty

9. Prepayment Detail Report

Bear Stearns Financial Prd.Inc

10. Realized Loss Report

11. Realized Loss Detail Report

12. Triggers and Adj. Cert. Report

13. Additional Certificate Report

Total Number of Pages

Dates

Contacts

Cut-Off Date:

March 01, 2006

Radha Nilakantan

Close Date:

March 30, 2006

Administrator

First Distribution Date:

April 25, 2006

(714) 247-6319

Radha.Nilakantan@db.com

Address:

Distribution Date:

June 26, 2006

1761 East St. Andrew Place, Santa Ana, CA 92705

Record Date:

May 31, 2006

Factor Information:

(800) 735-7777

June 23, 2006

Main Phone Number:

(714) 247-6000

Determination Date:

June 15, 2006

https://www.tss.db.com/invr

Page 1 of 26

New Century Home Equity Loan Trust 2006-1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
June 26, 2006 Distribution

Certificate Payment Report
Current Period Distribution - REMIC I
				Prior						Current
	Class		Original	Principal			Total	Realized	Deferred	Principal
	Class		Original	Principal			Total	Realized	Deferred	Principal
Class	Type	Cur	Face Value	Balance	Interest	Principal	Distribution	Loss	Interest	Balance

			(1)	(2)	(3)	(4)=(2)+(3)	(5)	(6)	(7)=(1)-(3)-(5)+(6)
			(1)	(2)	(3)	(4)=(2)+(3)	(5)	(6)	(7)=(1)-(3)-(5)+(6)
A-1	SR	$	456,811,000.00	449,171,380.98	2,096,632.19	7,619,231.73	9,715,863.92	0.00	0.00	441,552,149.25
A-1	SR	$	456,811,000.00	449,171,380.98	2,096,632.19	7,619,231.73	9,715,863.92	0.00	0.00	441,552,149.25
A-2a	SR	$	275,608,000.00	264,934,084.42	1,210,748.77	10,310,070.65	11,520,819.42	0.00	0.00	254,624,013.77
A-2b	SR	$	308,053,000.00	308,053,000.00	1,440,661.20	0.00	1,440,661.20	0.00	0.00	308,053,000.00
A-2c	SR	$	45,080,000.00	45,080,000.00	214,831.24	0.00	214,831.24	0.00	0.00	45,080,000.00
M-1	MEZ, FLT	$	53,970,000.00	53,969,999.99	260,075.43	0.00	260,075.43	0.00	0.00	53,969,999.99
M-2	MEZ, FLT	$	48,505,000.00	48,505,000.00	234,602.52	0.00	234,602.52	0.00	0.00	48,505,000.00
M-3	MEZ, FLT	$	25,960,000.00	25,960,000.00	126,021.38	0.00	126,021.38	0.00	0.00	25,960,000.00
M-4	MEZ, FLT	$	23,228,000.00	23,228,000.00	114,410.80	0.00	114,410.80	0.00	0.00	23,228,000.00
M-5	MEZ, FLT	$	22,545,000.00	22,545,000.00	111,447.45	0.00	111,447.45	0.00	0.00	22,545,000.00
M-6	MEZ, FLT	$	21,178,000.00	21,178,000.00	106,195.90	0.00	106,195.90	0.00	0.00	21,178,000.00
M-7	MEZ, FLT	$	18,446,000.00	18,446,000.00	101,350.52	0.00	101,350.52	0.00	0.00	18,446,000.00
M-8	MEZ, FLT	$	13,663,000.00	13,663,000.00	76,285.08	0.00	76,285.08	0.00	0.00	13,663,000.00
M-9	MEZ, FLT	$	15,030,000.00	15,030,000.00	96,342.30	0.00	96,342.30	0.00	0.00	15,030,000.00
TRUST	RES	$	0.00	0.00	2,779,590.28	0.00	2,779,590.28	0.00	0.00	0.00


Total		1,328,077,000.00	1,309,763,465.39	8,969,195.06	17,929,302.38	26,898,497.44	0.00	0.00	1,291,834,163.01
Total




Interest Accrual Detail Current Period Factor Information per $1,000 of Original Face-
					Orig. Principal	Prior				Current
					Orig. Principal	Prior				Current
	Period	Period			(with Notional)	Principal			Total	Principal
Class	Starting	Ending	Method	Cusip	Balance	Balance	Interest	Principal	Distribution	Balance
			Method
					(1)	(1)	(2)	(3)	(4)=(2)+(3)	(5)

A-1	05/25/06	06/25/06	A-Act/360	64352VQP9	456,811,000.00	983.276193	4.589715	16.679177	21.268892	966.597016
A-1	05/25/06	06/25/06	A-Act/360	64352VQP9	456,811,000.00	983.276193	4.589715	16.679177	21.268892	966.597016
A-2a	05/25/06	06/25/06	A-Act/360	64352VQQ7	275,608,000.00	961.271387	4.393010	37.408459	41.801470	923.862928
A-2b	05/25/06	06/25/06	A-Act/360	64352VQR5	308,053,000.00	1,000.000000	4.676667	0.000000	4.676667	1,000.000000
A-2c	05/25/06	06/25/06	A-Act/360	64352VQS3	45,080,000.00	1,000.000000	4.765555	0.000000	4.765555	1,000.000000
M-1	05/25/06	06/25/06	A-Act/360	64352VQT1	53,970,000.00	1,000.000000	4.818889	0.000000	4.818889	1,000.000000
M-2	05/25/06	06/25/06	A-Act/360	64352VQU8	48,505,000.00	1,000.000000	4.836667	0.000000	4.836667	1,000.000000
M-3	05/25/06	06/25/06	A-Act/360	64352VQV6	25,960,000.00	1,000.000000	4.854445	0.000000	4.854445	1,000.000000
M-4	05/25/06	06/25/06	A-Act/360	64352VQW4	23,228,000.00	1,000.000000	4.925555	0.000000	4.925555	1,000.000000
M-5	05/25/06	06/25/06	A-Act/360	64352VQX2	22,545,000.00	1,000.000000	4.943333	0.000000	4.943333	1,000.000000
M-6	05/25/06	06/25/06	A-Act/360	64352VQY0	21,178,000.00	1,000.000000	5.014444	0.000000	5.014444	1,000.000000
M-7	05/25/06	06/25/06	A-Act/360	64352VQZ7	18,446,000.00	1,000.000000	5.494444	0.000000	5.494444	1,000.000000
M-8	05/25/06	06/25/06	A-Act/360	64352VRA1	13,663,000.00	1,000.000000	5.583333	0.000000	5.583333	1,000.000000
M-9	05/25/06	06/25/06	A-Act/360	64352VRB9	15,030,000.00	1,000.000000	6.410000	0.000000	6.410000	1,000.000000
TRUST	05/25/06	06/25/06	A-Act/360	NC0601101	0.00	0.000000	0.000000	0.000000	0.000000	0.000000




Page 2 of 26

New Century Home Equity Loan Trust 2006-1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
June 26, 2006 Distribution


Distribution to Date - REMIC I
									Current


	Original		Unscheduled	Scheduled	Total	Total	Realized	Deferred	Principal

Class	Face Value	Interest	Principal	Principal	Principal	Distribution	Loss	Interest	Balance
(1)	(2)	(3)	(4)	(5)=(3)+(4)	(6)=(2)+(5)	(7)	(8)	(9)=(1)-(5)-(7)+(8)
A-1	456,811,000.00	5,677,459.24	14,772,341.93	486,508.82	15,258,850.75	20,936,309.99	0.00	0.00	441,552,149.25
A-2a	275,608,000.00	3,314,961.12	20,293,004.30	690,981.93	20,983,986.23	24,298,947.35	0.00	0.00	254,624,013.77
A-2b	308,053,000.00	3,872,965.54	0.00	0.00	0.00	3,872,965.54	0.00	0.00	308,053,000.00
A-2c	45,080,000.00	577,783.34	0.00	0.00	0.00	577,783.34	0.00	0.00	45,080,000.00
M-1	53,970,000.00	699,640.70	0.01	0.00	0.00	699,640.71	0.00	0.00	53,969,999.99
M-2	48,505,000.00	631,166.46	0.00	0.00	0.00	631,166.46	0.00	0.00	48,505,000.00
M-3	25,960,000.00	339,071.06	0.00	0.00	0.00	339,071.06	0.00	0.00	25,960,000.00
M-4	23,228,000.00	307,929.98	0.00	0.00	0.00	307,929.98	0.00	0.00	23,228,000.00
M-5	22,545,000.00	299,977.76	0.00	0.00	0.00	299,977.76	0.00	0.00	22,545,000.00
M-6	21,178,000.00	285,930.29	0.00	0.00	0.00	285,930.29	0.00	0.00	21,178,000.00
M-7	18,446,000.00	273,393.49	0.00	0.00	0.00	273,393.49	0.00	0.00	18,446,000.00
M-8	13,663,000.00	205,843.11	0.00	0.00	0.00	205,843.11	0.00	0.00	13,663,000.00
M-9	15,030,000.00	260,606.17	0.00	0.00	0.00	260,606.17	0.00	0.00	15,030,000.00
TRUST	0.00	9,147,617.61	0.00	0.00	0.00	9,147,617.61	0.00	0.00	0.00


Total	1,328,077,000.00	25,894,345.87	35,065,346.24	1,177,490.75	36,242,836.98	62,137,182.86	0.00	0.00	1,291,834,163.01


Interest Detail - REMIC I
	Pass	Prior Principal		Non-	Prior	Unscheduled		Paid or	Current
	Pass	Prior Principal		Non-	Prior	Unscheduled		Paid or

	Through	(with Notional)	Accrued	Supported	Unpaid	Interest	Optimal	Deferred	Unpaid

Class	Rate	Balance	Interest	Interest SF	Interest	Adjustment	Interest	Interest	Interest
			(1)	(2)	(3)	(4)	(5)=(1)-(2)+(3)+(4)	(6)	(7)=(5)-(6)
A-1	5.25125%	449,171,380.98	2,096,632.19	0.00	0.00	0.00	2,096,632.19	2,096,632.19	0.00
A-2a	5.14125%	264,934,084.42	1,210,748.77	0.00	0.00	0.00	1,210,748.77	1,210,748.77	0.00
A-2b	5.26125%	308,053,000.00	1,440,661.20	0.00	0.00	0.00	1,440,661.20	1,440,661.20	0.00
A-2c	5.36125%	45,080,000.00	214,831.24	0.00	0.00	0.00	214,831.24	214,831.24	0.00
M-1	5.42125%	53,969,999.99	260,075.43	0.00	0.00	0.00	260,075.43	260,075.43	0.00
M-2	5.44125%	48,505,000.00	234,602.52	0.00	0.00	0.00	234,602.52	234,602.52	0.00
M-3	5.46125%	25,960,000.00	126,021.38	0.00	0.00	0.00	126,021.38	126,021.38	0.00
M-4	5.54125%	23,228,000.00	114,410.80	0.00	0.00	0.00	114,410.80	114,410.80	0.00
M-5	5.56125%	22,545,000.00	111,447.45	0.00	0.00	0.00	111,447.45	111,447.45	0.00
M-6	5.64125%	21,178,000.00	106,195.90	0.00	0.00	0.00	106,195.90	106,195.90	0.00
M-7	6.18125%	18,446,000.00	101,350.52	0.00	0.00	0.00	101,350.52	101,350.52	0.00
M-8	6.28125%	13,663,000.00	76,285.08	0.00	0.00	0.00	76,285.08	76,285.08	0.00
M-9	7.21125%	15,030,000.00	96,342.30	0.00	0.00	0.00	96,342.30	96,342.30	0.00
TRUST	0.00000%	0.00	0.00	0.00	152,362.76	0.00	152,362.76	2,779,590.28	0.00


Total		1,309,763,465.39	6,189,604.78	0.00	152,362.76	0.00	6,341,967.54	8,969,195.06	0.00



Page 3 of 26

New Century Home Equity Loan Trust 2006-1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
June 26, 2006 Distribution

Collection Account Report
SUMMARY

	Group 2	Group 1	Total
Principal Collections	10,310,070.65	7,619,231.73	17,929,302.38
Principal Withrawals	0.00	0.00	0.00
Principal Other Accounts	0.00	0.00	0.00
TOTAL NET PRINCIPAL	10,310,070.65	7,619,231.73	17,929,302.38
Interest Collections	4,970,144.48	3,557,863.14	8,528,007.62
Interest Withdrawals	-0.00	-0.00	-0.00
Interest Other Accounts	77,570.88	70,783.36	529,905.20
Interest Fees	-49,796.75	-38,921.01	-88,717.76
TOTAL NET INTEREST	4,997,918.61	3,589,725.49	8,969,195.06
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION	15,307,989.26	11,208,957.22	26,898,497.44




PRINCIPAL - COLLECTIONS

	Group 2	Group 1	Total
Scheduled Principal Received	242,286.51	190,114.89	432,401.40
Curtailments	10,251.62	18,042.30	28,293.92
Prepayments In Full	10,057,532.52	7,411,074.54	17,468,607.06
Repurchased/Substitutions	0.00	0.00	0.00
Liquidations	0.00	0.00	0.00
Insurance Principal	0.00	0.00	0.00
Other Additional Principal	0.00	0.00	0.00
Delinquent Principal	-205,277.50	-159,337.84	-364,615.34
Realized Losses	-0.00	-0.00	-0.00
Advanced Principal	205,277.50	159,337.84	364,615.34
TOTAL PRINCIPAL COLLECTED	10,310,070.65	7,619,231.73	17,929,302.38




PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK




PRINCIPAL - OTHER ACCOUNTS

	Group 2	Group 1	Total
TOTAL PRINCIPAL OTHER ACCOUNTS	0.00	0.00	0.00






Page 4 of 26

New Century Home Equity Loan Trust 2006-1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
June 26, 2006 Distribution


INTEREST - COLLECTIONS

			Group 2	Group 1	Total
Scheduled Interest			5,246,937.82	3,756,274.08	9,003,211.90
Repurchased/Substitution Interest			0.00	0.00	0.00
Liquidation Interest			0.00	0.00	0.00
Insurance Interest			0.00	0.00	0.00
Other Additional Interest			0.00	0.00	0.00
Prepayment Interest Shortfalls			-32,228.78	-27,111.33	-59,340.11
Delinquent Interest			-4,469,455.60	-3,167,623.65	-7,637,079.25
Compensating Interest			32,228.78	27,111.34	59,340.12
Civil Relief Act Shortfalls			-0.00	-0.00	-0.00
Realized Loss of Interest			-0.00	-0.00	-0.00
Interest Advanced			4,192,662.27	2,969,212.70	7,161,874.97
TOTAL INTEREST COLLECTED			4,970,144.48	3,557,863.14	8,528,007.62




INTEREST - WITHDRAWALS

			Group 2	Group 1	Total
Non-Recoverable Advances
TOTAL INTEREST WITHDRAWALS			0.00	0.00	0.00




INTEREST - OTHER ACCOUNTS
INTEREST - OTHER ACCOUNTS
		Group 2	Group 1	Total
	Prepayment Charges	77,570.88	70,783.36	148,354.24

	Net Swap Payment			381,550.96
	. a) Floating Swap Payment	0.00	0.00	0.00
	. b) Fixed Swap Payment	0.00	0.00	0.00
	Swap Termination Payment	0.00	0.00	0.00
	TOTAL INTEREST OTHER ACCOUNTS	77,570.88	70,783.36	529,905.20




INTEREST FEES
INTEREST FEES
		Group 2	Group 1	Total
	Current Servicing Fees	48,495.60	37,975.46	86,471.06
	Indenture Trustee Fee	1,301.16	945.55	2,246.70
	Owner Trustee Fee	0.00	0.00	0.00
	TOTAL INTEREST FEES	49,796.75	38,921.01	88,717.76



Page 5 of 26

New Century Home Equity Loan Trust 2006-1

Mortgage Pass-Through Certificates

June 26, 2006 Distribution

Credit Enhancement Report

ACCOUNTS

SPACE INTENTIONALLY LEFT BLANK

INSURANCE

SPACE INTENTIONALLY LEFT BLANK

STRUCTURAL FEATURES

Group 2

Group 1

Total

Beginning Overcollateralized Amount

38,257,346.56

Overcollateralization Target Amount

38,257,346.56

Excess Overcollateralized Amount

0.00

Beginning Overcollateralized Deficiency Amount

0.00

Ending Overcollateralization Deficiency Amount

0.00

Ending Overcollateralized Amount

38,257,346.56

Net Monthly Excess Cashflow

2,779,590.28

Overcollateralization Increase Amount

0.00

Overcollateralization Release Amount

0.00

Page 6 of 26

New Century Home Equity Loan Trust 2006-1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
June 26, 2006 Distribution

Collateral Report


COLLATERAL




		Group 2	Group 1	Total



Loan Count:


Original	3,404	2,852	6,256
Prior	3,366	2,818	6,184
Prefunding	0	0	0
Scheduled Paid Offs	-0	-0	-0
Full Voluntary Prepayments	-31	-33	-64
Repurchases	-0	-0	-0
Liquidations	-0	-0	-0
Current	3,335	2,785	6,120
Principal Balance:


Original	791,367,068.43	574,966,737.13	1,366,333,805.56
Prior	780,693,436.87	567,327,375.08	1,348,020,811.95
Prefunding	0.00	0.00	0.00
Scheduled Principal	-242,286.51	-190,114.89	-432,401.40
Partial Prepayments	-10,251.62	-18,042.30	-28,293.92
Full Voluntary Prepayments	-10,057,532.52	-7,411,074.54	-17,468,607.06
Repurchases	-0.00	-0.00	-0.00
Liquidations	-0.00	-0.00	-0.00
Current	770,383,366.22	559,708,143.35	1,330,091,509.57





PREFUNDING

SPACE INTENTIONALLY LEFT BLANK

Page 7 of 26

New Century Home Equity Loan Trust 2006-1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
June 26, 2006 Distribution


CHARACTERISTICS
CHARACTERISTICS

	Group 2	Group 1	Total
Weighted Average Coupon Original	8.07578%	7.94453%	8.02055%
Weighted Average Coupon Prior	8.07197%	7.94820%	8.01993%
Weighted Average Coupon Current	8.06504%	7.94520%	8.01460%
Weighted Average Months to Maturity Original	358	357	358
Weighted Average Months to Maturity Prior	357	356	356
Weighted Average Months to Maturity Current	356	355	355
Weighted Avg Remaining Amortization Term Original	427	426	427
Weighted Avg Remaining Amortization Term Prior	426	425	426
Weighted Avg Remaining Amortization Term Current	425	424	425
Weighted Average Seasoning Original	1.72	1.95	1.82
Weighted Average Seasoning Prior	2.73	2.94	2.82
Weighted Average Seasoning Current	3.72	3.93	3.81

Page 8 of 26

New Century Home Equity Loan Trust 2006-1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
June 26, 2006 Distribution


ARM CHARACTERISTICS
ARM CHARACTERISTICS

		Group 2	Group 1	Total
Weighted Average Margin Original		6.16142%	6.17318%	6.16638%
Weighted Average Margin Prior		6.16190%	6.17325%	6.16668%
Weighted Average Margin Current		6.16164%	6.17393%	6.16682%
Weighted Average Max Rate Original		15.03704%	15.12202%	15.07285%
Weighted Average Max Rate Prior		15.03320%	15.12651%	15.07248%
Weighted Average Max Rate Current		15.02752%	15.12333%	15.06787%
Weighted Average Min Rate Original		8.03816%	8.12421%	8.07441%
Weighted Average Min Rate Prior		8.03432%	8.12871%	8.07405%
Weighted Average Min Rate Current		8.02864%	8.12554%	8.06945%
Weighted Average Cap Up Original		1.49952%	1.49902%	1.49931%
Weighted Average Cap Up Prior		1.49952%	1.49901%	1.49931%
Weighted Average Cap Up Current		1.49952%	1.49901%	1.49930%
Weighted Average Cap Down Original		1.49952%	1.49902%	1.49931%
Weighted Average Cap Down Prior		1.49952%	1.49901%	1.49931%
Weighted Average Cap Down Current		1.49952%	1.49901%	1.49930%




SERVICING FEES & ADVANCES
SERVICING FEES & ADVANCES

		Group 2	Group 1	Total




Current Servicing Fees		48,495.60	37,975.46	86,471.06
Delinquent Servicing Fees		276,793.33	198,410.94	475,204.27
TOTAL SERVICING FEES		325,288.93	236,386.41	561,675.34


Total Servicing Fees		325,288.93	236,386.41	561,675.34
Compensating Interest		-32,228.78	-27,111.34	-59,340.12
Delinquent Servicing Fees		-276,793.33	-198,410.94	-475,204.27
COLLECTED SERVICING FEES		16,266.82	10,864.13	27,130.95


Total Advanced Interest		4,192,662.27	2,969,212.70	7,161,874.97
Total Advanced Principal		205,277.50	159,337.84	364,615.34
Aggregate Advances with respect to this Distribution		4,397,939.77	3,128,550.54	7,526,490.31






ADDITIONAL COLLATERAL INFORMATION
ADDITIONAL COLLATERAL INFORMATION
		Group 2	Group 1	Total
	Prepayment Interest Shortfall (PPIS)	32,228.78	27,111.33	59,340.11
	Compensating Interest	(32,228.78)	(27,111.34)	(59,340.12)
	Net Prepayment Interest Shortfall (PPIS)	0.00	0.00	0.00





Page 9 of 26

New Century Home Equity Loan Trust 2006-1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
June 26, 2006 Distribution

Delinquency Report

TOTAL
		< 1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT	Balance		13,010,435.49	3,646,911.10	1,806,372.83	18,463,719.42
	% Balance		0.98%	0.27%	0.14%	1.39%
	# Loans		59	17	9	85
	% # Loans		0.96%	0.28%	0.15%	1.39%
FORECLOSURE	Balance	0.00	0.00	1,097,875.86	879,179.99	1,977,055.85
	% Balance	0.00%	0.00%	0.08%	0.07%	0.15%
	# Loans	0	0	7	5	12
	% # Loans	0.00%	0.00%	0.11%	0.08%	0.20%
BANKRUPTCY	Balance	1,682,112.90	0.00	367,528.83	0.00	2,049,641.73
	% Balance	0.13%	0.00%	0.03%	0.00%	0.15%
	# Loans	8	0	3	0	11
	% # Loans	0.13%	0.00%	0.05%	0.00%	0.18%
REO	Balance	0.00	217,189.20	0.00	0.00	217,189.20
	% Balance	0.00%	0.02%	0.00%	0.00%	0.02%
	# Loans	0	2	0	0	2
	% # Loans	0.00%	0.03%	0.00%	0.00%	0.03%
TOTAL	Balance	1,682,112.90	13,227,624.69	5,112,315.79	2,685,552.82	22,707,606.20
	% Balance	0.13%	0.99%	0.38%	0.20%	1.71%
	# Loans	8	61	27	14	110
	% # Loans	0.13%	1.00%	0.44%	0.23%	1.80%

Page 10 of 26

New Century Home Equity Loan Trust 2006-1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
June 26, 2006 Distribution


GROUP 1
		< 1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT	Balance		3,720,933.19	877,123.13	437,858.79	5,035,915.11
	% Balance		0.66%	0.16%	0.08%	0.90%
	# Loans		24	5	3	32
	% # Loans		0.86%	0.18%	0.11%	1.15%
FORECLOSURE	Balance	0.00	0.00	656,702.81	180,077.15	836,779.96
	% Balance	0.00%	0.00%	0.12%	0.03%	0.15%
	# Loans	0	0	4	2	6
	% # Loans	0.00%	0.00%	0.14%	0.07%	0.22%
BANKRUPTCY	Balance	1,041,091.79	0.00	367,528.83	0.00	1,408,620.62
	% Balance	0.19%	0.00%	0.07%	0.00%	0.25%
	# Loans	5	0	3	0	8
	% # Loans	0.18%	0.00%	0.11%	0.00%	0.29%
REO	Balance	0.00	108,547.17	0.00	0.00	108,547.17
	% Balance	0.00%	0.02%	0.00%	0.00%	0.02%
	# Loans	0	1	0	0	1
	% # Loans	0.00%	0.04%	0.00%	0.00%	0.04%
TOTAL	Balance	1,041,091.79	3,829,480.36	1,901,354.77	617,935.94	7,389,862.86
	% Balance	0.19%	0.68%	0.34%	0.11%	1.32%
	# Loans	5	25	12	5	47
	% # Loans	0.18%	0.90%	0.43%	0.18%	1.69%

Page 11 of 26

New Century Home Equity Loan Trust 2006-1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
June 26, 2006 Distribution


GROUP 2
		< 1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT	Balance		9,289,502.30	2,769,787.97	1,368,514.04	13,427,804.31
	% Balance		1.21%	0.36%	0.18%	1.74%
	# Loans		35	12	6	53
	% # Loans		1.05%	0.36%	0.18%	1.59%
FORECLOSURE	Balance	0.00	0.00	441,173.05	699,102.84	1,140,275.89
	% Balance	0.00%	0.00%	0.06%	0.09%	0.15%
	# Loans	0	0	3	3	6
	% # Loans	0.00%	0.00%	0.09%	0.09%	0.18%
BANKRUPTCY	Balance	641,021.11	0.00	0.00	0.00	641,021.11
	% Balance	0.08%	0.00%	0.00%	0.00%	0.08%
	# Loans	3	0	0	0	3
	% # Loans	0.09%	0.00%	0.00%	0.00%	0.09%
REO	Balance	0.00	108,642.03	0.00	0.00	108,642.03
	% Balance	0.00%	0.01%	0.00%	0.00%	0.01%
	# Loans	0	1	0	0	1
	% # Loans	0.00%	0.03%	0.00%	0.00%	0.03%
TOTAL	Balance	641,021.11	9,398,144.33	3,210,961.02	2,067,616.88	15,317,743.34
	% Balance	0.08%	1.22%	0.42%	0.27%	1.99%
	# Loans	3	36	15	9	63
	% # Loans	0.09%	1.08%	0.45%	0.27%	1.89%

Page 12 of 26

New Century Home Equity Loan Trust 2006-1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
June 26, 2006 Distribution


ADDITIONAL DELINQUENCY REPORTING


	# of Accounts		Principal Balance		% of Total

30-59 Days Delinquent	59		$13,010,435.49	0.98%

60-89 Days Delinquent	27		$5,112,315.79	0.38%

90 or more Days Delinquent	14		$2,685,552.82	0.20%

Aggregate	100		$20,808,304.10	1.56%

The above statistics include Mortgage Loans in foreclosure but exclude REO properties


	# of Accounts		Principal Balance		% of Total

Loans in foreclosure proceedings	12	$1,977,055.85		0.15%

Loans in bankruptcy proceedings	11		$2,049,641.73	0.15%

REO Properties	2	$217,189.20		0.02%


Delinquency

Category	Loan Count		Stated Balance		% of Total

0	6,018	$1,309,066,016.27		98.42%

30	59	$13,010,435.49		0.98%

60	20	$4,014,439.93		0.30%

90	9
90	9	$1,806,372.83		0.14%

FC	12	$1,977,055.85		0.15%

REO	2	$217,189.20		0.02%

Total	6,120	$1,330,091,509.57		100.00%

*The above amounts include Bankruptcies. Total Bankruptcies for the period were:

BK	11		$2,049,641.73	0.15%



Page 13 of 26

New Century Home Equity Loan Trust 2006-1

Mortgage Pass-Through Certificates

June 26, 2006 Distribution

REO Report

Loan Number

Original

Stated

Current

State &

First

Principal

Paid to

Note

LTV at

Original

Payment

Loan Group

Balance

Date

Rate

Origination

Term

Date

Became REO Property this Period:

1002376093 1

109,250.00

108,547.17

01-Mar-2006

8.850%

GA - 95.00%

360

01-Aug-2005

1002569964 2

109,250.00

108,642.03

01-Mar-2006

9.075%

GA - 95.00%

360

01-Sep-2005

TOTAL

218,500.00

217,189.20

Page 14 of 26

New Century Home Equity Loan Trust 2006-1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
June 26, 2006 Distribution

Foreclosure Report
Loan Number		Original	Stated		Current	State &		First
Loan Number		Original	Stated		Current	State &		First
&		Principal	Principal	Paid to	Note	LTV at	Original	Payment
Loan Group		Balance	Balance	Date	Rate	Origination	Term	Date
						Origination

Became Foreclosure Property this Period:
2172152 1		80,000.00	79,446.67	01-Feb-2006	8.100%	TX - 80.00%	360	01-Sep-2005
1003018950 2		240,000.00	238,364.32	01-Feb-2006	7.525%	TX - 100.00%	360	01-Oct-2005
1003205123 2		216,000.00	214,732.06	01-Jan-2006	8.275%	FL - 100.00%	360	01-Oct-2005
1003712520 2		135,915.00	135,381.96	01-Feb-2006	9.650%	MI - 100.00%	360	01-Nov-2005
1003767962 2		136,000.00	135,337.87	01-Jan-2006	8.600%	NC - 100.00%	360	01-Nov-2005
1004064899 1		90,000.00	89,748.21	01-Feb-2006	9.850%	MI - 95.00%	360	01-Jan-2006
1005087327 2		67,500.00	67,426.77	01-Feb-2006	9.625%	KY - 90.00%	360	01-Jan-2006
1005320057 1		74,800.00	74,542.77	01-Feb-2006	9.850%	OH - 100.00%	360	01-Feb-2006
1006312000 1		414,000.00	412,965.16	01-Feb-2006	8.400%	UT - 90.00%	360	01-Mar-2006


TOTAL	1,454,215.00	1,447,945.79

Became Foreclosure Property in a Prior Period:
2175762 1		131,100.00	130,245.36	01-Dec-2005	7.750%	MA - 57.75%	360	01-Oct-2005
1002864724 2		351,500.00	349,032.91	01-Jan-2006	7.925%	NJ - 95.00%	360	01-Sep-2005
1004208486 1		50,000.00	49,831.79	01-Dec-2005	9.725%	IL - 76.92%	360	01-Dec-2005


TOTAL	532,600.00	529,110.06


TOTAL	1,986,815.00	1,977,055.85
TOTAL


Page 15 of 26

New Century Home Equity Loan Trust 2006-1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
June 26, 2006 Distribution

Prepayment Report

VOLUNTARY PREPAYMENTS



		Group 2	Group 1	Total


Current


Number of Paid in Full Loans	31	33	64
Number of Repurchased Loans	0	0	0
Total Number of Loans Prepaid in Full	31	33	64
Curtailments Amount	10,251.62	18,042.30	28,293.92
Paid in Full Balance	10,057,532.52	7,411,074.54	17,468,607.06
Repurchased Loans Balance	0.00	0.00	0.00
Total Prepayment Amount	10,067,784.14	7,429,116.84	17,496,900.98
Cumulative


Number of Paid in Full Loans	56	54	110
Number of Repurchased Loans	13	13	26
Total Number of Loans Prepaid in Full	69	67	136
Paid in Full Balance	18,118,082.31	11,443,859.00	29,561,941.31
Repurchased Loans Balance	2,189,741.85	3,256,604.47	5,446,346.32
Curtailments Amount	16,423.77	40,093.81	56,517.58
Total Prepayment Amount	20,324,247.93	14,740,557.28	35,064,805.21

Page 16 of 26

New Century Home Equity Loan Trust 2006-1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
June 26, 2006 Distribution


VOLUNTARY PREPAYMENTS RATES



		Group 2	Group 1	Total





SMM	1.29%	1.31%	1.30%
3 Months Avg SMM	0.86%	0.86%	0.86%
12 Months Avg SMM	0.86%	0.86%	0.86%
Avg SMM Since Cut-off	0.86%	0.86%	0.86%



CPR	14.43%	14.63%	14.51%
3 Months Avg CPR	9.89%	9.87%	9.88%
12 Months Avg CPR	9.89%	9.87%	9.88%
Avg CPR Since Cut-off	9.89%	9.87%	9.88%



PSA	1,936.96%	1,860.83%	1,903.92%
3 Months Avg PSA Approximation	1,815.14%	1,678.90%	1,755.27%
12 Months Avg PSA Approximation	1,815.14%	1,678.90%	1,755.27%
Avg PSA Since Cut-off Approximation	1,815.14%	1,678.90%	1,755.27%

Page 17 of 26

New Century Home Equity Loan Trust 2006-1

Mortgage Pass-Through Certificates

June 26, 2006 Distribution

PREPAYMENT CALCULATION METHODOLOGY

Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases + Liquidation Balance)/(Beg Principal Balance - Sched Principal)

Conditional Prepayment Rate (CPR): 1-((1-SMM)^12)

PSA Standard Prepayment Model: CPR/(0.02*min(30,WAS))

Average SMM over period between nth month and mth month (AvgSMMn,m): [(1-SMMn)*(1-SMMn+1)*...*(1-SMMm)]^(1/months in period n,m)

Average CPR over period between the nth month and mth month (AvgCPRn,m): 1-((1-AvgSMMn,m)^12)

Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.02*Avg WASn,m))

Average WASn,m: (min(30,WASn)+min(30,WASn+1)+...+min(30,WASm)/(number of months in the period n,m)

Weighted Average Seasoning (WAS)

Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments and repurchases.

Dates correspond to distribution dates.

Page 18 of 26

New Century Home Equity Loan Trust 2006-1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
June 26, 2006 Distribution

Prepayment Detail Report

Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution


Loan Number	Original			Current	State &	Type Prepayment	First
Loan Number	Original			Current	State &	Type Prepayment	First
&	Loan	Principal	Prepayment		Prepayment	Note	LTV at	&	Payment
Loan Group	Status	Balance	Amount		Date	Rate	Origination	Original Term	Date

2160425 1		268,000.00	266,402.93	24-May-2006	8.200%	NJ - 80.00%	Paid Off - 360	01-Sep-2005
2160425 1		268,000.00	266,402.93	24-May-2006	8.200%	NJ - 80.00%	Paid Off - 360	01-Sep-2005
10402557 1		165,000.00	164,461.18	10-May-2006	8.200%	CA - 75.00%	Paid Off - 360	01-Jan-2006
10403771 2		110,700.00	110,482.06	03-May-2006	10.625%	KS - 90.00%	Paid Off - 360	01-Jan-2006
10409412 1		304,200.00	303,919.06	16-May-2006	8.775%	NV - 90.00%	Paid Off - 360	01-Feb-2006
10415119 1		222,000.00	221,846.80	31-May-2006	8.775%	HI - 100.00%	Paid Off - 360	01-Mar-2006
1002256980 1		175,325.00	174,450.96	24-May-2006	9.100%	FL - 77.92%	Paid Off - 360	01-Sep-2005
1002438482 1		192,000.00	190,797.13	25-May-2006	7.950%	MA - 75.00%	Paid Off - 360	01-Sep-2005
1002577367 2		327,920.00	326,123.10	18-May-2006	9.150%	MD - 80.00%	Paid Off - 360	01-Aug-2005
1002827221 2		147,600.00	146,729.25	24-May-2006	8.250%	LA - 90.00%	Paid Off - 360	01-Sep-2005
1002841330 1		168,750.00	167,605.57	26-May-2006	7.550%	NJ - 75.00%	Paid Off - 360	01-Sep-2005
1002888922 2		327,250.00	325,080.03	16-May-2006	7.990%	MA - 85.00%	Paid Off - 360	01-Sep-2005
1003909015 1		255,500.00	255,364.14	16-May-2006	9.650%	MD - 70.00%	Paid Off - 360	01-Mar-2006
1004025913 2		458,700.00	457,409.76	03-May-2006	6.300%	CA - 76.45%	Paid Off - 360	01-Dec-2005
1004032923 1		285,000.00	284,057.22	18-May-2006	5.900%	MA - 75.00%	Paid Off - 360	01-Dec-2005
1004038534 1		361,673.00	360,649.37	30-May-2006	8.900%	FL - 95.00%	Paid Off - 360	01-Jan-2006
1004504735 1		360,000.00	359,438.59	11-May-2006	7.750%	NJ - 90.00%	Paid Off - 360	01-Jan-2006
1004622992 1		165,000.00	164,903.21	18-May-2006	5.990%	CA - 58.51%	Paid Off - 360	01-Jan-2006
1004760360 2		148,500.00	148,121.16	17-May-2006	8.300%	OK - 90.00%	Paid Off - 360	01-Feb-2006
1005141795 1		323,000.00	322,598.33	09-May-2006	7.750%	MA - 89.72%	Paid Off - 360	01-Feb-2006
1005167259 2		408,500.00	408,232.37	24-May-2006	9.925%	MA - 95.00%	Paid Off - 360	01-Feb-2006
1005205805 1		300,000.00	299,632.43	02-May-2006	8.525%	MA - 77.92%	Paid Off - 360	01-Feb-2006
1005231162 2		495,000.00	494,435.33	09-May-2006	8.050%	NY - 91.67%	Paid Off - 360	01-Feb-2006
1005256215 2		370,000.00	369,512.90	16-May-2006	7.550%	MA - 92.50%	Paid Off - 360	01-Feb-2006
1005257027 2		220,000.00	219,751.04	09-May-2006	7.500%	NY - 100.00%	Paid Off - 360	01-Mar-2006
1005288672 1		207,450.00	207,251.55	15-May-2006	7.650%	NJ - 90.00%	Paid Off - 360	01-Mar-2006
1005357516 1		385,000.00	384,778.30	09-May-2006	10.350%	MA - 70.00%	Paid Off - 360	01-Feb-2006
1005950820 1		127,200.00	127,128.70	09-May-2006	9.475%	MI - 100.00%	Paid Off - 360	01-Mar-2006
1006043907 1		225,000.00	225,000.00	19-May-2006	8.400%	MD - 84.91%	Paid Off - 360	01-Mar-2006
1006102512 1		300,000.00	299,700.48	04-May-2006	7.500%	CA - 84.51%	Paid Off - 360	01-Mar-2006
1006356640 2		150,000.00	149,921.96	01-May-2006	12.450%	CA - 100.00%	Paid Off - 360	01-Apr-2006
1006361689 2		180,000.00	179,916.26	26-May-2006	8.725%	NV - 75.00%	Paid Off - 360	01-Apr-2006
1006405892 1		143,000.00	142,912.92	31-May-2006	7.800%	CA - 65.00%	Paid Off - 360	01-Apr-2006
1006485145 2		387,992.00	387,921.16	23-May-2006	9.525%	CA - 100.00%	Paid Off - 360	01-May-2006
1006488963 1		175,000.00	174,895.72	10-May-2006	7.875%	CA - 34.31%	Paid Off - 360	01-Apr-2006
1006499069 2		437,000.00	436,812.04	26-May-2006	8.990%	CA - 95.00%	Paid Off - 360	01-Apr-2006
1006500119 2		850,000.00	849,607.51	31-May-2006	8.750%	CA - 56.11%	Paid Off - 360	01-Apr-2006
1006511287 1		261,250.00	261,092.04	12-May-2006	7.825%	CA - 95.00%	Paid Off - 360	01-Apr-2006
1006513301 1		86,000.00	85,970.08	01-May-2006	9.700%	CA - 35.91%	Paid Off - 360	01-Apr-2006
1006528411 2		252,000.00	251,889.49	03-May-2006	8.925%	CA - 100.00%	Paid Off - 360	01-Apr-2006
1006539258 1		173,700.00	173,612.39	05-May-2006	8.450%	AZ - 90.00%	Paid Off - 360	01-Apr-2006


Page 19 of 26

New Century Home Equity Loan Trust 2006-1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
June 26, 2006 Distribution


Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution


Loan Number	Original			Current	State &	Type Prepayment	First
Loan Number	Original			Current	State &	Type Prepayment	First
&	Loan	Principal	Prepayment		Prepayment	Note	LTV at	&	Payment
Loan Group	Status	Balance	Amount		Date	Rate	Origination	Original Term	Date

1006539506 2		230,400.00	230,304.80	19-May-2006	9.125%	CA - 100.00%	Paid Off - 360	01-Apr-2006
1006539506 2		230,400.00	230,304.80	19-May-2006	9.125%	CA - 100.00%	Paid Off - 360	01-Apr-2006
1006542075 2		147,050.00	147,008.18	17-May-2006	8.025%	TX - 85.00%	Paid Off - 360	01-May-2006
1006545027 1		369,000.00	368,801.28	04-May-2006	8.225%	CA - 90.00%	Paid Off - 360	01-Apr-2006
1006557978 2		276,250.00	276,122.42	12-May-2006	8.750%	CA - 85.00%	Paid Off - 360	01-Apr-2006
1006586107 2		585,000.00	585,000.00	31-May-2006	9.350%	CA - 69.64%	Paid Off - 360	01-May-2006
1006590940 2		312,800.00	312,665.44	26-May-2006	8.990%	CA - 100.00%	Paid Off - 360	01-Apr-2006
1006624049 2		185,562.00	185,482.42	04-May-2006	9.000%	UT - 83.96%	Paid Off - 360	01-Apr-2006
1006675573 2		450,000.00	449,896.17	05-May-2006	8.740%	NJ - 63.83%	Paid Off - 360	01-May-2006
1006690379 2		139,800.00	139,717.79	25-May-2006	11.900%	MA - 100.00%	Paid Off - 360	01-Apr-2006
1006696649 2		271,136.00	270,794.29	18-May-2006	8.325%	CA - 100.00%	Paid Off - 360	01-Apr-2006
1006698371 2		67,784.00	67,749.10	18-May-2006	12.500%	CA - 100.00%	Paid Off - 360	01-Apr-2006
1006700037 1		250,100.00	249,991.13	09-May-2006	8.950%	MO - 89.32%	Paid Off - 360	01-Apr-2006
1006710785 1		65,790.00	65,766.15	25-May-2006	10.925%	OH - 90.00%	Paid Off - 360	01-May-2006
1006711800 1		184,250.00	184,180.25	08-May-2006	10.725%	FL - 90.00%	Paid Off - 360	01-May-2006
1006723192 1		294,500.00	294,409.33	10-May-2006	7.750%	CA - 78.64%	Paid Off - 360	01-May-2006
1006729622 1		220,477.00	220,477.00	03-May-2006	9.305%	AZ - 100.00%	Paid Off - 360	01-May-2006
1006744570 2		452,000.00	451,791.27	01-May-2006	8.750%	CA - 100.00%	Paid Off - 360	01-Apr-2006
1006745025 2		427,500.00	427,500.00	18-May-2006	10.300%	VA - 89.90%	Paid Off - 360	01-May-2006
1006747309 2		445,500.00	445,280.87	04-May-2006	9.500%	CA - 90.00%	Paid Off - 360	01-May-2006
1006749389 2		721,500.00	721,500.00	24-May-2006	8.375%	OH - 75.00%	Paid Off - 360	01-May-2006
1006771718 1		211,500.00	211,406.23	26-May-2006	9.990%	NV - 90.00%	Paid Off - 360	01-May-2006
1006821451 1		52,700.00	52,678.49	30-May-2006	10.375%	OH - 85.00%	Paid Off - 360	01-May-2006
1006875535 1		145,000.00	144,895.58	16-May-2006	7.650%	FL - 65.91%	Paid Off - 360	01-May-2006
1006923797 2		84,800.00	84,774.35	19-May-2006	11.750%	CA - 100.00%	Paid Off - 360	01-May-2006


TOTAL	17,490,609.00	17,468,607.06

Page 20 of 26

New Century Home Equity Loan Trust 2006-1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
June 26, 2006 Distribution

Realized Loss Report

COLLATERAL REALIZED LOSSES



		Group 2	Group 1	Total


Current





Subsequent Recoveries	0.00	0.00	0.00
Number of Loans Liquidated	0	0	0
Collateral Principal Realized Loss/(Gain) Amount	0.00	0.00	0.00
Collateral Interest Realized Loss/(Gain) Amount	0.00	0.00	0.00
Net Liquidation Proceeds	0.00	0.00	0.00
Subsequent Recoveries
Cumulative
Cumulative



Number of Loans Liquidated	0	0	0
Collateral Realized Loss/(Gain) Amount	0.00	0.00	0.00
Net Liquidation Proceeds	0.00	0.00	0.00
Cumulative Recoveries	0.00	0.00	0.00

Page 21 of 26

New Century Home Equity Loan Trust 2006-1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
June 26, 2006 Distribution


DEFAULT SPEEDS

	Group 2	Group 1	Total



MDR	0.00%	0.00%	0.00%
3 Months Avg MDR	0.00%	0.00%	0.00%
12 Months Avg MDR	0.00%	0.00%	0.00%
Avg MDR Since Cut-off	0.00%	0.00%	0.00%


CDR	0.00%	0.00%	0.00%
3 Months Avg CDR	0.00%	0.00%	0.00%
12 Months Avg CDR	0.00%	0.00%	0.00%
Avg CDR Since Cut-off	0.00%	0.00%	0.00%


SDA	0.00%	0.00%	0.00%
3 Months Avg SDA Approximation	0.00%	0.00%	0.00%
12 Months Avg SDA Approximation	0.00%	0.00%	0.00%
Avg SDA Since Cut-off Approximation	0.00%	0.00%	0.00%


Loss Severity Approximation for Current Period	0.00%	0.00%	0.00%
3 Months Avg Loss Severity Approximation	0.00%	0.00%	0.00%
12 Months Avg Loss Severity Approximation	0.00%	0.00%	0.00%
Avg Loss Severity Approximation Since Cut-off	0.00%	0.00%	0.00%

Page 22 of 26

New Century Home Equity Loan Trust 2006-1

Mortgage Pass-Through Certificates

June 26, 2006 Distribution

COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY

Monthly Default Rate (MDR): (Beg Principal Balance of Liquidated Loans)/(Total Beg Principal Balance)

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

SDA Standard Default Assumption: CDR/IF(WAS<61,MIN(30,WAS)*0.02,MAX(0.03,MIN(30,WAS)*0.02-0.0095*(WAS-60)))

Average MDR over period between nth month and mth month (AvgMDRn,m): [(1-MDRn)*(1-MDRn+1)*...*(1-MDRm)]^(1/months in period n,m)

Average CDR over period between the nth month and mth month (AvgCDRn,m): 1-((1-AvgMDRn,m)^12)

Average SDA Approximation over period between the nth month and mth month:

AvgCDRn,m/IF(Avg WASn,m<61,MIN(30,Avg WASn,m)*0.02,MAX(0.03,MIN(30,Avg WASn,m)*0.02-0.0095*(Avg WASn,m-60)))

Average WASn,m: (WASn + WASn+1 +...+ WASm )/(number of months in the period n,m)

Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)

Average Loss Severity Approximation over period between nth month and mth month: Avg(Loss Severityn,m)

Note: Default rates are calculated since deal issue date and include realized gains and additional realized losses and gains from prior periods.

Dates correspond to distribution dates.

Page 23 of 26

New Century Home Equity Loan Trust 2006-1

Mortgage Pass-Through Certificates

June 26, 2006 Distribution

Realized Loss Detail Report

Loan Number

Current

State &

Prior

Realized

Cumulative

Loan

Note

LTV at

Original

Principal

Loss/(Gain)

Realized

Loan Group

Status

Rate

Origination

Term

Balance

Revision

Loss/(Gain)

TOTAL

Page 24 of 26

New Century Home Equity Loan Trust 2006-1

Mortgage Pass-Through Certificates

June 26, 2006 Distribution

Triggers and Adj. Cert. Report

TRIGGER EVENTS

Group 2

Group 1

Total

Stepdown Date Occurred?

Credit Enhancement Percentage (For Stepdown Date)

21.1100%

Applicable % (On and After Stepdown Date)

41.1000%

Trigger Event In Effect?

Rolling 3-Mon. Delinquency Percentage

0.2656%

Prior Credit Enhancement Percentage

20.8292%

Applicable %

11.2500%

Applicable % of prior Credit Enhancement Percentage

2.3433%

Aggregate Amount of Realized Losses

0.00

Stated Principal Balance as of Cutoff Date

1,366,333,805.62

Realized Loss Percentage

0.0000%

Servicer Termination Test?

Swap Provider Trigger Event?

ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK

ADDITIONAL INFORMATION

Group 2

Group 1

Total

Current LIBOR Rate

5.081250%

Libor Rate Determination Date

05/23/2006

Next LIBOR Rate

5.322500%

Next Libor Rate Determination Date

06/22/2006

Significance Percentage

0.032770%

Page 25 of 26

New Century Home Equity Loan Trust 2006-1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
June 26, 2006 Distribution

Additional Certificate Report

ADDITIONAL CERTIFICATE REPORT

		Next Pass Through Rates	Interest Carryfrwd Due	Interest Carryfrwd Paid	Unpaid Basis Risk Shortfall	Current Basis Risk shortfall
CLASS

	A-1	5.49250%	$0.00	$0.00	$0.00	$0.00
		5.49250%	$0.00	$0.00	$0.00	$0.00
	A-2a	5.38250%	$0.00	$0.00	$0.00	$0.00
		5.38250%	$0.00	$0.00	$0.00	$0.00
	A-2b	5.50250%	$0.00	$0.00	$0.00	$0.00
		5.50250%	$0.00	$0.00	$0.00	$0.00
	A-2c	5.60250%	$0.00	$0.00	$0.00	$0.00
		5.60250%	$0.00	$0.00	$0.00	$0.00
	M-1	5.66250%	$0.00	$0.00	$0.00	$0.00
		5.66250%	$0.00	$0.00	$0.00	$0.00
	M-2	5.68250%	$0.00	$0.00	$0.00	$0.00
		5.68250%	$0.00	$0.00	$0.00	$0.00
	M-3	5.70250%	$0.00	$0.00	$0.00	$0.00
		5.70250%	$0.00	$0.00	$0.00	$0.00
	M-4	5.78250%	$0.00	$0.00	$0.00	$0.00
		5.78250%	$0.00	$0.00	$0.00	$0.00
	M-5	5.80250%	$0.00	$0.00	$0.00	$0.00
		5.80250%	$0.00	$0.00	$0.00	$0.00
	M-6	5.88250%	$0.00	$0.00	$0.00	$0.00
		5.88250%	$0.00	$0.00	$0.00	$0.00
	M-7	6.42250%	$0.00	$0.00	$0.00	$0.00
		6.42250%	$0.00	$0.00	$0.00	$0.00
	M-8	6.52250%	$0.00	$0.00	$0.00	$0.00
		6.52250%	$0.00	$0.00	$0.00	$0.00
	M-9	7.45250%	$0.00	$0.00	$0.00	$0.00
		7.45250%	$0.00	$0.00	$0.00	$0.00
	TRUST	0.00000%	$0.00	$0.00	$0.00	$0.00
		0.00000%	$0.00	$0.00	$0.00	$0.00






Page 26 of 26

New Century Home Equity Loan Trust 2006-1 10-D