Fremont Home Loan Trust 2006-1

Asset Backed Certificates

December 26, 2006 Distribution

External Parties

Table of Contents

Page

Seller

Greenwich Capital Financial Products Inc

1. Certificate Payment Report

2. Collection Account Report

Servicer(s)

3. Credit Enhancement Report

Wells Fargo

4. Collateral Report

5. Delinquency Report

Underwriter(s)

6. REO Report

Greenwich Capital Markets, Inc.

7. Foreclosure Report

8. Prepayment Report

Cap Provider

9. Prepayment Detail Report

HSBC Bank

10. Realized Loss Report

11. Realized Loss Detail Report

Swap Counterparty

HSBC Bank

12. Triggers and Adj. Cert. Report

13. Additional Certificate Report

Credit Risk Manager

14. Other Related Information

Clayton Fixed Income Srvc.Inc.

Total Number of Pages

Dates

Contacts

Cut-Off Date:

April 01, 2006

Aaron Masters

Close Date:

April 13, 2006

Administrator

First Distribution Date:

May 25, 2006

(714) 247-6266

Aaron.Masters@db.com

Address:

Distribution Date:

December 26, 2006

1761 East St. Andrew Place, Santa Ana, CA 92705-4934

Record Date:

November 30, 2006

Factor Information:

(800) 735-7777

December 22, 2006

Main Phone Number:

(714) 247-6000

Determination Date:

December 14, 2006

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

Page 1 of 32

Fremont Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 26, 2006 Distribution

Certificate Payment Report
Current Period Distribution -
				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)
I-A1	FLT/STEP	$	334,852,000.00	238,118,073.95	1,050,199.92	14,194,059.59	15,244,259.51	0.00	0.00	223,924,014.36
I-A1	FLT/STEP	$	334,852,000.00	238,118,073.95	1,050,199.92	14,194,059.59	15,244,259.51	0.00	0.00	223,924,014.36
II-A1	FLT/STEP	$	165,310,000.00	53,954,991.40	233,834.94	11,424,729.71	11,658,564.65	0.00	0.00	42,530,261.69
II-A2	FLT/STEP	$	105,996,000.00	105,996,000.00	464,498.03	0.00	464,498.03	0.00	0.00	105,996,000.00
II-A3	FLT/STEP	$	126,597,000.00	126,597,000.00	560,895.04	0.00	560,895.04	0.00	0.00	126,597,000.00
II-A4	FLT/STEP	$	38,870,000.00	38,870,000.00	175,033.77	0.00	175,033.77	0.00	0.00	38,870,000.00
M-1	FLT/STEP	$	75,244,000.00	75,244,000.00	341,858.57	0.00	341,858.57	0.00	0.00	75,244,000.00
M-2	FLT/STEP	$	22,724,000.00	22,724,000.00	103,974.92	0.00	103,974.92	0.00	0.00	22,724,000.00
M-3	FLT/STEP	$	19,695,000.00	19,695,000.00	91,702.11	0.00	91,702.11	0.00	0.00	19,695,000.00
M-4	FLT/STEP	$	18,685,000.00	18,685,000.00	87,450.99	0.00	87,450.99	0.00	0.00	18,685,000.00
M-5	FLT/STEP	$	16,160,000.00	16,160,000.00	76,414.36	0.00	76,414.36	0.00	0.00	16,160,000.00
M-6	FLT/STEP	$	16,160,000.00	16,160,000.00	82,923.24	0.00	82,923.24	0.00	0.00	16,160,000.00
M-7	FLT/STEP	$	13,635,000.00	13,635,000.00	72,163.24	0.00	72,163.24	0.00	0.00	13,635,000.00
M-8	FLT/STEP	$	9,090,000.00	9,090,000.00	54,699.08	0.00	54,699.08	0.00	0.00	9,090,000.00
M-9	FLT/STEP	$	8,080,000.00	8,080,000.00	50,248.62	0.00	50,248.62	0.00	0.00	8,080,000.00
B-1	FLT/STEP	$	10,100,000.00	10,100,000.00	62,810.78	0.00	62,810.78	0.00	0.00	10,100,000.00
B-2	FLT/STEP	$	6,565,000.00	6,565,000.00	40,827.01	0.00	40,827.01	0.00	0.00	6,565,000.00
B-3	FLT/STEP	$	7,575,000.00	7,575,000.00	31,562.50	0.00	31,562.50	0.00	0.00	7,575,000.00
C	EXE/WAC	$	14,644,461.81	14,644,747.15	1,815,633.90	0.00	1,815,633.90	0.00	0.00	14,644,747.15
P	EXE	$	100.00	100.00	412,992.66	0.00	412,992.66	0.00	0.00	100.00
R	NPR/EXE	$	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
R-X	NPR/EXE	$	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00


Total		1,009,982,561.81	801,893,912.50	5,809,723.68	25,618,789.30	31,428,512.98	0.00	0.00	776,275,123.20
Total





Page 2 of 32

Fremont Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 26, 2006 Distribution


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)

I-A1	11/27/06	12/25/06	A-Act/360	35729PNX4	334,852,000.00	711.114385	3.136311	42.389054	45.525365	668.725330
I-A1	11/27/06	12/25/06	A-Act/360	35729PNX4	334,852,000.00	711.114385	3.136311	42.389054	45.525365	668.725330
II-A1	11/27/06	12/25/06	A-Act/360	35729PNY2	165,310,000.00	326.386736	1.414524	69.110941	70.525465	257.275795
II-A2	11/27/06	12/25/06	A-Act/360	35729PNZ9	105,996,000.00	1,000.000000	4.382222	0.000000	4.382222	1,000.000000
II-A3	11/27/06	12/25/06	A-Act/360	35729PPA2	126,597,000.00	1,000.000000	4.430556	0.000000	4.430556	1,000.000000
II-A4	11/27/06	12/25/06	A-Act/360	35729PPB0	38,870,000.00	1,000.000000	4.503056	0.000000	4.503056	1,000.000000
M-1	11/27/06	12/25/06	A-Act/360	35729PPC8	75,244,000.00	1,000.000000	4.543333	0.000000	4.543333	1,000.000000
M-2	11/27/06	12/25/06	A-Act/360	35729PPD6	22,724,000.00	1,000.000000	4.575555	0.000000	4.575555	1,000.000000
M-3	11/27/06	12/25/06	A-Act/360	35729PPE4	19,695,000.00	1,000.000000	4.656111	0.000000	4.656111	1,000.000000
M-4	11/27/06	12/25/06	A-Act/360	35729PPF1	18,685,000.00	1,000.000000	4.680278	0.000000	4.680278	1,000.000000
M-5	11/27/06	12/25/06	A-Act/360	35729PPG9	16,160,000.00	1,000.000000	4.728611	0.000000	4.728611	1,000.000000
M-6	11/27/06	12/25/06	A-Act/360	35729PPH7	16,160,000.00	1,000.000000	5.131389	0.000000	5.131389	1,000.000000
M-7	11/27/06	12/25/06	A-Act/360	35729PPJ3	13,635,000.00	1,000.000000	5.292500	0.000000	5.292500	1,000.000000
M-8	11/27/06	12/25/06	A-Act/360	35729PPK0	9,090,000.00	1,000.000000	6.017501	0.000000	6.017501	1,000.000000
M-9	11/27/06	12/25/06	A-Act/360	35729PPL8	8,080,000.00	1,000.000000	6.218889	0.000000	6.218889	1,000.000000
B-1	11/27/06	12/25/06	A-Act/360	35729PPM6	10,100,000.00	1,000.000000	6.218889	0.000000	6.218889	1,000.000000
B-2	11/27/06	12/25/06	A-Act/360	35729PPN4	6,565,000.00	1,000.000000	6.218890	0.000000	6.218890	1,000.000000
B-3	11/01/06	11/30/06	F-30/360	35729PPP9	7,575,000.00	1,000.000000	4.166667	0.000000	4.166667	1,000.000000
C	11/01/06	11/30/06	F-30/360	35729PPQ7	14,644,461.81	1,000.019484	123.980924	0.000000	123.980924	1,000.019484
P		35729PPR5	100.00	1,000.000000	4,129,926.600000	0.000000	4,129,926.600000	1,000.000000
R		35729PPS3	0.00	0.000000	0.000000	0.000000	0.000000	0.000000
R-X		35729PPT1	0.00	0.000000	0.000000	0.000000	0.000000	0.000000




Page 3 of 32

Fremont Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 26, 2006 Distribution


Distribution to Date -
									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)
I-A1	334,852,000.00	11,136,142.66	109,271,418.46	1,656,567.18	110,927,985.64	122,064,128.30	0.00	0.00	223,924,014.36
II-A1	165,310,000.00	4,425,901.05	121,194,179.67	1,585,558.62	122,779,738.30	127,205,639.35	0.00	0.00	42,530,261.69
II-A2	105,996,000.00	4,046,936.94	0.00	0.00	0.00	4,046,936.94	0.00	0.00	105,996,000.00
II-A3	126,597,000.00	4,887,710.71	0.00	0.00	0.00	4,887,710.71	0.00	0.00	126,597,000.00
II-A4	38,870,000.00	1,525,683.43	0.00	0.00	0.00	1,525,683.43	0.00	0.00	38,870,000.00
M-1	75,244,000.00	2,980,254.48	0.02	0.00	0.00	2,980,254.49	0.00	0.00	75,244,000.00
M-2	22,724,000.00	906,538.17	0.00	0.00	0.00	906,538.17	0.00	0.00	22,724,000.00
M-3	19,695,000.00	799,761.04	0.00	0.00	0.00	799,761.04	0.00	0.00	19,695,000.00
M-4	18,685,000.00	762,749.36	0.00	0.00	0.00	762,749.36	0.00	0.00	18,685,000.00
M-5	16,160,000.00	666,596.99	0.00	0.00	0.00	666,596.99	0.00	0.00	16,160,000.00
M-6	16,160,000.00	724,279.20	0.00	0.00	0.00	724,279.20	0.00	0.00	16,160,000.00
M-7	13,635,000.00	630,578.34	0.00	0.00	0.00	630,578.34	0.00	0.00	13,635,000.00
M-8	9,090,000.00	478,788.81	0.00	0.00	0.00	478,788.81	0.00	0.00	9,090,000.00
M-9	8,080,000.00	440,010.60	0.00	0.00	0.00	440,010.60	0.00	0.00	8,080,000.00
B-1	10,100,000.00	550,013.26	0.00	0.00	0.00	550,013.26	0.00	0.00	10,100,000.00
B-2	6,565,000.00	357,508.62	0.00	0.00	0.00	357,508.62	0.00	0.00	6,565,000.00
B-3	7,575,000.00	252,500.00	0.00	0.00	0.00	252,500.00	0.00	0.00	7,575,000.00
C	14,644,461.81	11,551,793.70	0.00	0.00	0.00	11,551,793.70	0.00	285.34	14,644,747.15
P	100.00	2,286,202.63	0.00	0.00	0.00	2,286,202.63	0.00	0.00	100.00
R	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
R-X	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Total	1,009,982,561.81	49,409,949.99	230,465,598.15	3,242,125.80	233,707,723.94	283,117,673.94	0.00	285.34	776,275,123.20


Interest Detail -
	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)
I-A1	5.47500%	238,118,073.95	1,050,199.92	0.00	0.00	0.00	1,050,199.92	1,050,199.92	0.00
II-A1	5.38000%	53,954,991.40	233,834.94	0.00	0.00	0.00	233,834.94	233,834.94	0.00
II-A2	5.44000%	105,996,000.00	464,498.03	0.00	0.00	0.00	464,498.03	464,498.03	0.00
II-A3	5.50000%	126,597,000.00	560,895.04	0.00	0.00	0.00	560,895.04	560,895.04	0.00
II-A4	5.59000%	38,870,000.00	175,033.77	0.00	0.00	0.00	175,033.77	175,033.77	0.00
M-1	5.64000%	75,244,000.00	341,858.57	0.00	0.00	0.00	341,858.57	341,858.57	0.00
M-2	5.68000%	22,724,000.00	103,974.92	0.00	0.00	0.00	103,974.92	103,974.92	0.00
M-3	5.78000%	19,695,000.00	91,702.11	0.00	0.00	0.00	91,702.11	91,702.11	0.00
M-4	5.81000%	18,685,000.00	87,450.99	0.00	0.00	0.00	87,450.99	87,450.99	0.00
M-5	5.87000%	16,160,000.00	76,414.36	0.00	0.00	0.00	76,414.36	76,414.36	0.00
M-6	6.37000%	16,160,000.00	82,923.24	0.00	0.00	0.00	82,923.24	82,923.24	0.00
M-7	6.57000%	13,635,000.00	72,163.24	0.00	0.00	0.00	72,163.24	72,163.24	0.00
M-8	7.47000%	9,090,000.00	54,699.08	0.00	0.00	0.00	54,699.08	54,699.08	0.00
M-9	7.72000%	8,080,000.00	50,248.62	0.00	0.00	0.00	50,248.62	50,248.62	0.00
B-1	7.72000%	10,100,000.00	62,810.78	0.00	0.00	0.00	62,810.78	62,810.78	0.00
B-2	7.72000%	6,565,000.00	40,827.01	0.00	0.00	0.00	40,827.01	40,827.01	0.00
B-3	5.00000%	7,575,000.00	31,562.50	0.00	0.00	0.00	31,562.50	31,562.50	0.00
C	148.77421%	14,644,747.15	0.00	0.00	0.00	0.00	0.00	1,815,633.90	0.00
P	4,955,911.92000%	100.00	0.00	0.00	0.00	0.00	0.00	412,992.66	0.00
R	0.00000%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
R-X	0.00000%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00


Total		801,893,912.50	3,581,097.12	0.00	0.00	0.00	3,581,097.12	5,809,723.68	0.00



Page 4 of 32

Fremont Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 26, 2006 Distribution

Collection Account Report
SUMMARY

	Group 2	Group 1	Total
Principal Collections	11,424,729.71	14,194,059.59	25,618,789.30
Principal Withrawals	0.00	0.00	0.00
Principal Other Accounts	0.00	0.00	0.00
TOTAL NET PRINCIPAL	11,424,729.71	14,194,059.59	25,618,789.30
Interest Collections	3,167,688.11	2,265,958.13	5,433,646.24
Interest Loss	-0.00	-0.00	-0.00
Interest Other Accounts	176,771.09	236,221.57	412,992.66
Interest Fees	-19,965.30	-16,949.92	-36,915.22
TOTAL NET INTEREST	3,324,493.90	2,485,229.78	5,809,723.68
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION	14,749,223.61	16,679,289.37	31,428,512.98




PRINCIPAL - COLLECTIONS

	Group 2	Group 1	Total
Scheduled Principal Received	197,458.59	167,093.31	364,551.90
Curtailments	1,221.57	9,862.75	11,084.32
Prepayments In Full	11,226,049.55	14,017,103.53	25,243,153.08
Repurchased/Substitutions	0.00	0.00	0.00
Liquidations	0.00	0.00	0.00
Other Additional Principal	0.00	0.00	0.00
Delinquent Principal	-186,432.54	-157,297.10	-343,729.64
Realized Losses	-0.00	-0.00	-0.00
Advanced Principal	186,432.54	157,297.10	343,729.64
TOTAL PRINCIPAL COLLECTED	11,424,729.71	14,194,059.59	25,618,789.30




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 5 of 32

Fremont Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 26, 2006 Distribution


INTEREST - COLLECTIONS

	Group 2	Group 1	Total
Scheduled Interest	3,199,295.30	2,395,344.69	5,594,639.99
Repurchased/Substitution Interest	0.00	0.00	0.00
Liquidation Interest	0.00	0.00	0.00
Interest Loss	(144,885.39)	-0.00	(144,885.39)
Other Additional Interest	0.00	0.00	0.00
Prepayment Interest Shortfalls	-8,875.68	-10,015.51	-18,891.19
Delinquent Interest	-2,950,794.63	-2,173,578.72	-5,124,373.35
Compensating Interest	8,875.68	10,015.51	18,891.19
Civil Relief Act Shortfalls	-0.00	-318.83	-318.83
Interest Advanced	2,774,302.05	2,044,510.99	4,818,813.04
TOTAL INTEREST COLLECTED	3,167,688.11	2,265,958.13	5,433,646.24




INTEREST - WITHDRAWALS

	Group 2	Group 1	Total
Interest Withdrawals	0.00	0.00	0.00




INTEREST - OTHER ACCOUNTS
INTEREST - OTHER ACCOUNTS
	Group 2	Group 1	Total
Prepayment Charges	176,771.09	236,221.57	412,992.66

Net Swap Payment			0.00
. a) Fixed Swap Payment	0.00	0.00	0.00
. b) Floating Swap Payment			0.00

Cap Amount			0.00
Swap Terminations Payment			0.00
TOTAL INTEREST OTHER ACCOUNTS	176,771.09	236,221.57	412,992.66




INTEREST FEES
INTEREST FEES
	Group 2	Group 1	Total
Current Servicing Fees	15,173.64	13,388.51	28,562.15
Credit Risk Manager	4,791.66	3,561.41	8,353.06
TOTAL INTEREST FEES	19,965.30	16,949.92	36,915.22



Page 6 of 32

Fremont Home Loan Trust 2006-1

Asset Backed Certificates

December 26, 2006 Distribution

Credit Enhancement Report

ACCOUNTS

Net WAC Rate Carryover Reserve Account

Begining Balance

0.00

Amount Deposited in the Account

0.00

Amount Withdrawn

0.00

Ending Balance

0.00

Swap Account

Begining Balance

0.00

Amount Deposited in the Account

0.00

Amount Withdrawn

0.00

Net SWAP Amount

0.00

Ending Balance

0.00

INSURANCE

SPACE INTENTIONALLY LEFT BLANK

STRUCTURAL FEATURES

Group 2

Group 1

Total

Overcollateralized Amount - Prior Period

14,644,747.15

Current Period Losses

0.00

Overcollateralized Amount - After Losses

14,644,747.15

Overcollateralization Increase Amount

0.00

Overcollateralization Release Amount

0.00

Overcollateralization Amount - Ending

14,644,747.15

Overcollateralization Excess Amount

0.00

Overcollateralization Deficiency Amount

0.00

Specified Overcollateralized Amount

14,644,747.15

Net Monthly Excess Cashflow

1,815,633.90

Page 7 of 32

Fremont Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 26, 2006 Distribution

Collateral Report


COLLATERAL




		Group 2	Group 1	Total



Loan Count:


Original	2,414	2,293	4,707
Prior	1,982	1,844	3,826
Prefunding	0	0	0
Scheduled Paid Offs	-0	-0	-0
Full Voluntary Prepayments	-40	-62	-102
Repurchases	-0	-0	-0
Liquidations	-0	-0	-0
Current	1,942	1,782	3,724
Principal Balance:


Original	571,694,015.47	438,288,546.34	1,009,982,561.81
Prior	459,998,929.96	341,894,982.54	801,893,912.50
Prefunding	0.00	0.00	0.00
Scheduled Principal	-197,458.59	-167,093.31	-364,551.90
Partial Prepayments	-1,221.57	-9,862.75	-11,084.32
Full Voluntary Prepayments	-11,226,049.55	-14,017,103.53	-25,243,153.08
Repurchases	-0.00	-0.00	-0.00
Liquidations	-0.00	-0.00	-0.00
Current	448,574,200.25	327,700,922.95	776,275,123.20





PREFUNDING

SPACE INTENTIONALLY LEFT BLANK

Page 8 of 32

Fremont Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 26, 2006 Distribution


CHARACTERISTICS
CHARACTERISTICS

	Group 2	Group 1	Total
Weighted Average Coupon Original	8.42916%	8.47011%	8.44693%
Weighted Average Coupon Prior	8.36341%	8.41881%	8.38697%
Weighted Average Coupon Current	8.34601%	8.40730%	8.37214%
Weighted Average Months to Maturity Original	356	356	356
Weighted Average Months to Maturity Prior	350	350	350
Weighted Average Months to Maturity Current	349	349	349
Weighted Avg Remaining Amortization Term Original	397	392	395
Weighted Avg Remaining Amortization Term Prior	392	386	390
Weighted Avg Remaining Amortization Term Current	391	385	388
Weighted Average Seasoning Original	3.20	3.18	3.19
Weighted Average Seasoning Prior	9.18	9.17	9.18
Weighted Average Seasoning Current	10.17	10.17	10.17

Page 9 of 32

Fremont Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 26, 2006 Distribution


ARM CHARACTERISTICS
ARM CHARACTERISTICS

	Group 2	Group 1	Total
Weighted Average Margin Original	5.78116%	5.94125%	5.85091%
Weighted Average Margin Prior	5.71449%	5.90353%	5.79491%
Weighted Average Margin Current	5.70249%	5.90005%	5.78680%
Weighted Average Max Rate Original	14.20693%	14.44788%	14.31190%
Weighted Average Max Rate Prior	14.12973%	14.39371%	14.24203%
Weighted Average Max Rate Current	14.11460%	14.38661%	14.23069%
Weighted Average Min Rate Original	8.18706%	8.43407%	8.29467%
Weighted Average Min Rate Prior	8.10883%	8.37669%	8.22278%
Weighted Average Min Rate Current	8.09269%	8.36887%	8.21055%
Weighted Average Cap Up Original	1.50000%	1.50000%	1.50000%
Weighted Average Cap Up Prior	1.50000%	1.50000%	1.50000%
Weighted Average Cap Up Current	1.50000%	1.50000%	1.50000%
Weighted Average Cap Down Original	1.50000%	1.50000%	1.50000%
Weighted Average Cap Down Prior	1.50000%	1.50000%	1.50000%
Weighted Average Cap Down Current	1.50000%	1.50000%	1.50000%




SERVICING FEES & ADVANCES
SERVICING FEES & ADVANCES

	Group 2	Group 1	Total




Current Servicing Fees	15,173.64	13,388.51	28,562.15
Delinquent Servicing Fees	176,492.58	129,067.73	305,560.31
TOTAL SERVICING FEES	191,666.23	142,456.25	334,122.48


Total Servicing Fees	191,666.23	142,456.25	334,122.48
Compensating Interest	-8,875.68	-10,015.51	-18,891.19
Delinquent Servicing Fees	-176,492.58	-129,067.73	-305,560.31
COLLECTED SERVICING FEES	6,297.97	3,373.01	9,670.97


Total Advaced Interest	2,774,302.05	2,044,510.99	4,818,813.04
Total Advaced Principal	186,432.54	157,297.10	343,729.64
Aggregate Advances with respect to this Distribution	2,960,734.59	2,201,808.09	5,162,542.68





ADDITIONAL COLLATERAL INFORMATION
ADDITIONAL COLLATERAL INFORMATION
	Group 2	Group 1	Total
Prepayment Interest Shortfall (PPIS)	8,875.68	10,015.51	18,891.19
Compensating Interest	(8,875.68)	(10,015.51)	(18,891.19)
Net Prepayment Interest Shortfall (PPIS)	0.00	0.00	0.00

Weighted Average Net Mortgage Rate	8.723902%	8.672613%	8.694481%
Ending Pool Stated Principal Balance	448,574,200.25	327,700,922.95	776,275,123.20





Page 10 of 32

Fremont Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 26, 2006 Distribution

Delinquency Report

TOTAL
		< 1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT	Balance		42,360,324.60	28,787,662.03	16,358,908.72	87,506,895.35
	% Balance		5.46%	3.71%	2.11%	11.27%
	# Loans		207	131	86	424
	% # Loans		5.56%	3.52%	2.31%	11.39%
FORECLOSURE	Balance	71,593.17	425,249.45	159,405.35	53,346,365.59	54,002,613.56
	% Balance	0.01%	0.05%	0.02%	6.87%	6.96%
	# Loans	1	2	1	189	193
	% # Loans	0.03%	0.05%	0.03%	5.08%	5.18%
BANKRUPTCY	Balance	0.00	0.00	150,931.61	822,723.39	973,655.00
	% Balance	0.00%	0.00%	0.02%	0.11%	0.13%
	# Loans	0	0	1	9	10
	% # Loans	0.00%	0.00%	0.03%	0.24%	0.27%
REO	Balance	0.00	0.00	0.00	753,080.99	753,080.99
	% Balance	0.00%	0.00%	0.00%	0.10%	0.10%
	# Loans	0	0	0	5	5
	% # Loans	0.00%	0.00%	0.00%	0.13%	0.13%
TOTAL	Balance	71,593.17	42,785,574.05	29,097,998.99	71,281,078.69	143,236,244.90
	% Balance	0.01%	5.51%	3.75%	9.18%	18.45%
	# Loans	1	209	133	289	632
	% # Loans	0.03%	5.61%	3.57%	7.76%	16.97%

Page 11 of 32

Fremont Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 26, 2006 Distribution


GROUP 1
		< 1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT	Balance		17,901,091.31	11,662,209.84	4,462,971.38	34,026,272.53
	% Balance		5.46%	3.56%	1.36%	10.38%
	# Loans		104	62	26	192
	% # Loans		5.84%	3.48%	1.46%	10.77%
FORECLOSURE	Balance	71,593.17	236,478.64	159,405.35	16,454,761.48	16,922,238.64
	% Balance	0.02%	0.07%	0.05%	5.02%	5.16%
	# Loans	1	1	1	75	78
	% # Loans	0.06%	0.06%	0.06%	4.21%	4.38%
BANKRUPTCY	Balance	0.00	0.00	0.00	645,116.51	645,116.51
	% Balance	0.00%	0.00%	0.00%	0.20%	0.20%
	# Loans	0	0	0	6	6
	% # Loans	0.00%	0.00%	0.00%	0.34%	0.34%
REO	Balance	0.00	0.00	0.00	286,513.44	286,513.44
	% Balance	0.00%	0.00%	0.00%	0.09%	0.09%
	# Loans	0	0	0	2	2
	% # Loans	0.00%	0.00%	0.00%	0.11%	0.11%
TOTAL	Balance	71,593.17	18,137,569.95	11,821,615.19	21,849,362.81	51,880,141.12
	% Balance	0.02%	5.53%	3.61%	6.67%	15.83%
	# Loans	1	105	63	109	278
	% # Loans	0.06%	5.89%	3.54%	6.12%	15.60%

Page 12 of 32

Fremont Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 26, 2006 Distribution


GROUP 2
		< 1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT	Balance		24,459,233.29	17,125,452.19	11,895,937.34	53,480,622.82
	% Balance		5.45%	3.82%	2.65%	11.92%
	# Loans		103	69	60	232
	% # Loans		5.30%	3.55%	3.09%	11.95%
FORECLOSURE	Balance	0.00	188,770.81	0.00	36,891,604.11	37,080,374.92
	% Balance	0.00%	0.04%	0.00%	8.22%	8.27%
	# Loans	0	1	0	114	115
	% # Loans	0.00%	0.05%	0.00%	5.87%	5.92%
BANKRUPTCY	Balance	0.00	0.00	150,931.61	177,606.88	328,538.49
	% Balance	0.00%	0.00%	0.03%	0.04%	0.07%
	# Loans	0	0	1	3	4
	% # Loans	0.00%	0.00%	0.05%	0.15%	0.21%
REO	Balance	0.00	0.00	0.00	466,567.55	466,567.55
	% Balance	0.00%	0.00%	0.00%	0.10%	0.10%
	# Loans	0	0	0	3	3
	% # Loans	0.00%	0.00%	0.00%	0.15%	0.15%
TOTAL	Balance	0.00	24,648,004.10	17,276,383.80	49,431,715.88	91,356,103.78
	% Balance	0.00%	5.49%	3.85%	11.02%	20.37%
	# Loans	0	104	70	180	354
	% # Loans	0.00%	5.36%	3.60%	9.27%	18.23%

Page 13 of 32

Fremont Home Loan Trust 2006-1

Asset Backed Certificates

December 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:

5000193828 2

77,250.00

76,940.58

01-May-2006

10.650%

MO - 75.00%

360

01-Mar-2006

6000000625 2

128,000.00

127,261.72

01-Apr-2006

8.900%

GA - 80.00%

360

01-Mar-2006

6000194282 1

132,000.00

01-Apr-2006

7.100%

GA - 80.00%

360

01-Jan-2006

6000205089 2

264,000.00

262,365.25

01-Apr-2006

8.550%

GA - 80.00%

360

01-Mar-2006

6000205455 1

154,800.00

154,513.44

01-Apr-2006

9.600%

GA - 90.00%

360

01-Mar-2006

TOTAL

756,050.00

753,080.99

Page 14 of 32

Fremont Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 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:
1000292434 1	562,500.00	560,667.30	01-Jul-2006	8.000%	MA - 90.00%	360	01-Feb-2006
1000292953 1	72,000.00	71,593.17	01-Oct-2006	9.000%	MD - 90.00%	360	01-Mar-2006
1000294133 2	261,250.00	260,819.68	01-Jun-2006	9.990%	CT - 95.00%	360	01-Mar-2006
1000295390 2	585,000.00	583,088.48	01-May-2006	7.990%	CA - 90.00%	360	01-Feb-2006
1000299059 2	300,000.00	300,000.00	01-Jul-2006	6.990%	CA - 80.00%	360	01-Mar-2006
1000299832 2	292,000.00	291,047.79	01-Jul-2006	7.650%	CA - 80.00%	360	01-Mar-2006
1000300097 1	120,500.00	119,855.75	01-May-2006	9.750%	FL - 46.35%	360	01-Feb-2006
1000300104 2	324,768.00	323,913.28	01-Apr-2006	8.400%	CA - 80.00%	360	01-Mar-2006
1000300475 1	148,000.00	147,621.62	01-Jun-2006	8.500%	CA - 80.00%	360	01-Mar-2006
1000300848 2	132,000.00	131,633.54	01-Jun-2006	8.750%	MI - 80.00%	360	01-Mar-2006
1000301024 2	601,250.00	599,365.88	01-Jul-2006	12.250%	CA - 65.00%	360	01-Feb-2006
1000301750 1	212,000.00	210,577.29	01-Jul-2006	8.150%	NJ - 80.00%	360	01-Mar-2006
1000301818 1	197,250.00	196,206.48	01-May-2006	9.800%	CA - 75.00%	360	01-Feb-2006
1000302146 2	472,000.00	472,000.00	01-Apr-2006	8.050%	CA - 80.00%	360	01-Mar-2006
1000302216 1	568,800.00	567,096.73	01-Apr-2006	7.950%	CA - 80.00%	360	01-Mar-2006
1000302603 1	37,000.00	36,525.00	01-Jun-2006	10.500%	CA - 100.00%	240	01-Mar-2006
1000303090 1	255,000.00	254,535.07	01-Jun-2006	9.650%	WA - 85.00%	360	01-Mar-2006
1000303426 2	292,000.00	292,000.00	01-Jul-2006	7.200%	CA - 80.00%	360	01-Feb-2006
1000303547 1	338,000.00	337,184.66	01-Jun-2006	8.700%	CA - 73.48%	360	01-Mar-2006
1000303762 1	296,000.00	294,838.99	01-Jun-2006	6.990%	CA - 78.93%	360	01-Mar-2006
1000303927 2	192,000.00	191,988.00	01-Apr-2006	7.550%	CA - 80.00%	360	01-Mar-2006
1000303933 1	106,500.00	106,000.39	01-Jun-2006	9.900%	GA - 75.00%	360	01-Mar-2006
1000303940 2	48,000.00	47,842.29	01-Apr-2006	11.900%	CA - 100.00%	360	01-Mar-2006
1000303952 1	103,500.00	102,878.24	01-Jun-2006	8.700%	SC - 90.00%	360	01-Mar-2006
1000304372 2	328,000.00	325,906.60	01-May-2006	8.400%	CA - 80.00%	360	01-Mar-2006
1000304409 1	261,000.00	258,908.11	01-Jul-2006	7.250%	MD - 87.00%	360	01-Mar-2006
1000304530 2	400,000.00	397,228.50	01-Jun-2006	7.990%	AZ - 80.00%	360	01-Mar-2006
1000304558 2	360,000.00	357,702.34	01-Jun-2006	8.400%	CA - 80.00%	360	01-Mar-2006
1000304602 2	90,000.00	89,740.61	01-Jun-2006	12.175%	CA - 100.00%	360	01-Mar-2006
1000305126 1	216,000.00	215,360.48	01-May-2006	7.990%	CA - 75.00%	360	01-Mar-2006
1000305319 2	364,800.00	363,981.93	01-Apr-2006	8.950%	CA - 80.00%	360	01-Mar-2006
1000305562 1	204,000.00	202,546.57	01-Jun-2006	7.850%	CT - 80.00%	360	01-Mar-2006
1000305601 2	56,000.00	55,798.44	01-May-2006	11.150%	MI - 80.00%	360	01-Mar-2006
1000305817 1	315,000.00	314,005.37	01-Jun-2006	8.300%	CA - 90.00%	360	01-Mar-2006
1000305819 2	740,000.00	738,568.08	01-May-2006	9.450%	CA - 80.00%	360	01-Mar-2006
1000305965 2	480,000.00	480,000.00	01-Jul-2006	7.050%	CA - 80.00%	360	01-Mar-2006
1000306007 2	560,000.00	558,706.97	01-May-2006	8.850%	CA - 80.00%	360	01-Mar-2006
1000306126 2	649,800.00	646,128.39	01-May-2006	9.000%	UT - 90.00%	360	01-Mar-2006
1000307011 1	77,000.00	76,694.88	01-Jul-2006	10.700%	NV - 70.00%	360	01-Mar-2006
1000307099 1	333,000.00	331,298.89	01-May-2006	9.490%	CA - 90.00%	360	01-Mar-2006
1000307118 1	350,000.00	349,167.88	01-Apr-2006	8.750%	CA - 89.97%	360	01-Mar-2006
1000307200 2	468,000.00	467,840.88	01-May-2006	6.800%	CA - 80.00%	360	01-Mar-2006
1000307275 1	175,000.00	173,424.63	01-Jul-2006	6.650%	NJ - 79.55%	360	01-Mar-2006
1000307275 1	175,000.00			6.650%	NJ - 79.55%


Page 15 of 32

Fremont Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 26, 2006 Distribution

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
1000307377 2
1000307377 2	479,440.00	478,273.85	01-May-2006	8.750%	CA - 80.00%	360	01-Mar-2006

1000307386 2	580,000.00	576,029.24	01-Jun-2006	8.050%	CA - 80.00%	360	01-Mar-2006
1000307395 2	664,000.00	657,161.16	01-Apr-2006	8.200%	NV - 80.00%	360	01-Mar-2006
1000307798 2	505,750.00	502,321.89	01-May-2006	8.100%	CA - 85.00%	360	01-Mar-2006
1000307846 2	660,000.00	656,232.37	01-Jun-2006	8.950%	CA - 80.00%	360	01-Mar-2006
1000308280 1	314,500.00	312,191.96	01-Apr-2006	7.700%	CA - 85.00%	360	01-Mar-2006
1000308321 2	480,800.00	477,792.65	01-May-2006	8.500%	CA - 80.00%	360	01-Mar-2006
3000005971 1	360,800.00	358,497.30	01-Jul-2006	8.400%	CA - 80.00%	360	01-Mar-2006
5000188353 2	62,400.00	62,063.76	01-Apr-2006	10.150%	MI - 80.00%	360	01-Jan-2006
5000188361 2	81,000.00	80,440.87	01-Jun-2006	8.950%	MO - 90.00%	360	01-Jan-2006
5000191158 2	743,200.00	741,277.38	01-Jun-2006	8.800%	CO - 80.00%	360	01-Feb-2006
5000192284 1	144,000.00	143,610.86	01-Jun-2006	8.650%	IL - 90.00%	360	01-Feb-2006
5000192464 2	84,000.00	83,580.53	01-Jun-2006	9.600%	OH - 80.00%	360	01-Mar-2006
5000194483 1	306,000.00	305,206.26	01-Jun-2006	8.450%	MN - 90.00%	360	01-Mar-2006
5000195007 1	134,320.00	133,991.20	01-May-2006	8.650%	IL - 80.00%	360	01-Mar-2006
5000195009 1	265,000.00	263,499.54	01-Jul-2006	8.990%	MD - 89.83%	360	01-Mar-2006
5000195636 1	106,200.00	105,817.86	01-Jul-2006	7.300%	OH - 90.00%	360	01-Mar-2006
5000195878 1	108,375.00	108,158.96	01-May-2006	9.350%	IL - 85.00%	360	01-Mar-2006
5000195907 2	64,000.00	63,690.24	01-May-2006	9.750%	WI - 80.00%	360	01-Mar-2006
5000196587 1	337,500.00	336,531.70	01-Apr-2006	8.100%	OH - 90.00%	360	01-Mar-2006
5000196767 2	76,000.00	75,569.64	01-Jul-2006	8.990%	TX - 80.00%	360	01-Mar-2006
5000196883 1	135,000.00	134,304.58	01-May-2006	9.450%	IL - 75.00%	360	01-Mar-2006
5000197401 2	140,000.00	139,097.38	01-Apr-2006	8.350%	MN - 80.00%	360	01-Mar-2006
5000197421 1	178,200.00	177,039.54	01-Jul-2006	8.300%	IL - 90.00%	360	01-Mar-2006
5000197539 2	340,000.00	337,133.15	01-Apr-2006	6.990%	IL - 80.00%	360	01-Mar-2006
5000197579 1	147,200.00	145,937.05	01-May-2006	6.900%	CO - 80.00%	360	01-Mar-2006
5000197786 1	277,500.00	276,277.66	01-Jun-2006	10.200%	AZ - 75.00%	360	01-Mar-2006
5000198062 2	78,720.00	78,159.19	01-Jul-2006	7.850%	TX - 80.00%	360	01-Mar-2006
5000198418 1	277,000.00	275,734.17	01-Jul-2006	9.500%	DC - 73.87%	360	01-Apr-2006
5000198590 2	116,400.00	115,649.48	01-Jul-2006	8.350%	TX - 80.00%	360	01-Mar-2006
5000198646 2	532,600.00	530,969.98	01-Jun-2006	7.490%	CO - 80.00%	360	01-Apr-2006
5000198649 1	94,400.00	93,808.29	01-Jul-2006	8.490%	FL - 80.00%	360	01-Mar-2006
5000198927 2	716,000.00	711,912.76	01-May-2006	8.950%	TX - 80.00%	360	01-Mar-2006
5000198932 2	53,100.00	52,805.99	01-Jun-2006	9.600%	IN - 90.00%	360	01-Mar-2006
5000198951 1	200,000.00	199,999.80	01-Jul-2006	7.900%	MN - 80.00%	360	01-Mar-2006
5000199494 2	468,000.00	468,000.00	01-Jun-2006	8.050%	DC - 80.00%	360	01-Apr-2006
5000200327 1	180,000.00	179,119.63	01-May-2006	9.700%	IL - 75.00%	360	01-Mar-2006
6000191062 2	145,600.00	144,861.14	01-Jul-2006	10.000%	NC - 80.00%	360	01-Feb-2006
6000191881 2	72,250.00	71,830.40	01-Jun-2006	9.350%	FL - 85.00%	360	01-Feb-2006
6000198950 1	406,400.00	404,513.50	01-May-2006	9.950%	FL - 80.00%	360	01-Mar-2006
6000200163 1	125,000.00	124,249.13	01-Jun-2006	8.700%	GA - 89.29%	360	01-Mar-2006
6000200637 1	131,200.00	131,200.00	01-Jun-2006	8.800%	FL - 80.00%	360	01-Mar-2006
6000200670 2	236,800.00	235,287.68	01-Jul-2006	8.400%	FL - 80.00%	360	01-Mar-2006
6000201241 2	72,000.00	71,672.66	01-Jun-2006	10.050%	FL - 80.00%	360	01-Mar-2006
6000201381 1	228,750.00	227,688.16	01-Jun-2006	9.950%	NJ - 75.00%	360	01-Mar-2006
6000201714 2	295,200.00	295,200.00	01-Jul-2006	8.100%	GA - 90.00%	360	01-Feb-2006
6000201963 1	315,000.00	313,069.13	01-May-2006	8.600%	NY - 75.00%	360	01-Mar-2006


Page 16 of 32

Fremont Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 26, 2006 Distribution

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
6000202010 2
6000202010 2	632,000.00	632,000.00	01-Jun-2006	7.950%	MI - 80.00%	360	01-Mar-2006

6000202555 2	161,500.00	160,841.53	01-Jun-2006	6.850%	FL - 85.00%	360	01-Mar-2006
6000202572 1	99,000.00	98,417.23	01-Jul-2006	8.800%	WI - 90.00%	360	01-Mar-2006
6000202602 2	263,700.00	263,240.24	01-Jun-2006	9.800%	VA - 90.00%	360	01-Mar-2006
6000202918 1	5,500.00	5,256.62	01-Jul-2006	12.500%	WI - 95.00%	120	01-Mar-2006
6000203196 2	370,215.00	369,396.89	01-Jun-2006	9.000%	FL - 95.00%	360	01-Mar-2006
6000203326 2	360,000.00	358,138.43	01-Apr-2006	8.900%	NJ - 80.00%	360	01-Apr-2006
6000203334 1	144,000.00	143,143.79	01-Jun-2006	8.750%	FL - 90.00%	360	01-Mar-2006
6000203363 1	8,000.00	7,645.95	01-May-2006	12.500%	FL - 95.00%	120	01-Mar-2006
6000203847 1	210,750.00	209,850.63	01-May-2006	10.350%	FL - 75.00%	360	01-Mar-2006
6000203912 1	134,640.00	134,390.75	01-Jul-2006	9.600%	GA - 89.17%	360	01-Mar-2006
6000204212 2	52,800.00	52,527.98	01-Jul-2006	9.450%	FL - 80.00%	360	01-Mar-2006
6000204848 1	108,000.00	107,364.30	01-Jun-2006	8.800%	ME - 80.00%	360	01-Mar-2006
6000204967 2	203,920.00	203,236.04	01-Jun-2006	7.550%	FL - 80.00%	360	01-Mar-2006
6000204996 1	144,500.00	143,691.76	01-Jun-2006	9.050%	GA - 85.00%	360	01-Mar-2006
6000205165 2	129,500.00	128,898.83	01-Jun-2006	9.950%	FL - 70.00%	360	01-Mar-2006
6000205390 2	324,000.00	324,000.00	01-Jun-2006	7.400%	FL - 80.00%	360	01-Mar-2006
6000205581 2	165,000.00	164,114.26	01-Apr-2006	9.250%	FL - 63.46%	360	01-Mar-2006
6000206020 2	151,200.00	150,752.35	01-Apr-2006	7.990%	TN - 80.00%	360	01-Mar-2006
6000206589 1	144,000.00	143,090.12	01-Jul-2006	8.450%	GA - 90.00%	360	01-Mar-2006
6000206672 1	256,000.00	254,247.36	01-Jun-2006	8.050%	GA - 82.58%	360	01-Mar-2006
6000206876 2	392,000.00	388,832.86	01-May-2006	6.650%	MA - 80.00%	360	01-Apr-2006
6000207409 2	416,000.00	414,840.36	01-Jun-2006	8.200%	GA - 80.00%	360	01-Mar-2006
6000207487 2	104,000.00	103,687.94	01-Jun-2006	11.990%	GA - 100.00%	360	01-Mar-2006
6000207580 2	92,905.00	91,586.07	01-Jul-2006	8.550%	VA - 85.00%	360	01-Mar-2006
6000207649 1	236,250.00	235,162.49	01-May-2006	9.990%	MD - 75.00%	360	01-Mar-2006
6000207664 1	130,400.00	130,041.64	01-Jun-2006	8.250%	GA - 80.00%	360	01-Mar-2006
6000208054 2	85,500.00	85,115.41	01-Apr-2006	10.100%	NC - 90.00%	360	01-Mar-2006
7000169032 2	456,000.00	455,756.37	01-Apr-2006	6.500%	CA - 80.00%	360	01-Nov-2005
7000169760 1	348,000.00	348,000.00	01-Jun-2006	7.700%	CA - 80.00%	360	01-Dec-2005
7000173768 2	750,000.00	746,508.46	01-Apr-2006	7.350%	HI - 80.00%	360	01-Dec-2005
7000176083 2	420,000.00	420,000.00	01-Jul-2006	7.850%	CA - 80.00%	360	01-Jan-2006
7000179422 2	519,996.00	518,441.23	01-May-2006	8.300%	CA - 80.00%	360	01-Feb-2006
7000180678 2	360,000.00	359,082.15	01-Jun-2006	8.850%	HI - 80.00%	360	01-Feb-2006
7000180898 2	188,800.00	188,770.81	01-Sep-2006	7.700%	CA - 80.00%	360	01-Feb-2006
7000181177 2	551,250.00	548,114.18	01-Apr-2006	9.450%	NY - 75.00%	360	01-Feb-2006
7000181283 1	215,000.00	213,948.16	01-Jul-2006	9.950%	MD - 63.05%	360	01-Mar-2006
7000182186 2	327,200.00	327,200.00	01-Jul-2006	7.700%	CA - 80.00%	360	01-Mar-2006
7000182398 2	200,000.00	198,500.28	01-Jun-2006	8.390%	FL - 62.50%	360	01-Mar-2006
7000183094 2	420,000.00	417,399.31	01-Jun-2006	8.550%	CA - 79.25%	360	01-Mar-2006
7000183169 1	39,980.00	39,829.88	01-Apr-2006	10.990%	CT - 100.00%	360	01-Mar-2006
7000183660 2	268,000.00	266,128.28	01-May-2006	7.950%	MA - 80.00%	360	01-Mar-2006
7000184066 2	488,000.00	485,424.52	01-May-2006	8.800%	NY - 80.00%	360	01-Apr-2006
7000184078 1	338,300.00	337,527.40	01-Jun-2006	8.900%	VA - 85.00%	360	01-Mar-2006
7000184162 1	116,800.00	116,192.09	01-Apr-2006	9.400%	GA - 80.00%	360	01-Mar-2006
7000184196 2	110,000.00	109,515.43	01-Apr-2006	10.200%	FL - 65.48%	360	01-Mar-2006
7000184351 2	571,120.00	569,335.21	01-Apr-2006	7.800%	AZ - 80.00%	360	01-Mar-2006


Page 17 of 32

Fremont Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 26, 2006 Distribution

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
7000184367 2
7000184367 2	657,000.00	653,650.69	01-Jul-2006	9.500%	CA - 90.00%	360	01-Mar-2006

7000184378 2	142,780.00	142,199.01	01-Apr-2006	10.575%	AZ - 100.00%	360	01-Mar-2006
7000184473 2	528,000.00	526,744.65	01-Apr-2006	8.750%	CA - 80.00%	360	01-Mar-2006
7000184474 2	70,000.00	69,570.92	01-Jun-2006	8.600%	ID - 84.34%	360	01-Mar-2006
7000184660 1	280,500.00	278,994.29	01-Jun-2006	9.250%	CA - 85.00%	360	01-Mar-2006
7000184743 2	130,500.00	129,806.63	01-Apr-2006	9.300%	FL - 90.00%	360	01-Mar-2006
7000184789 2	297,000.00	296,407.98	01-Jun-2006	9.350%	CA - 90.00%	360	01-Mar-2006
7000184891 2	592,000.00	588,604.39	01-May-2006	8.990%	NY - 80.00%	360	01-Mar-2006
7000184995 2	460,000.00	460,000.00	01-Jun-2006	7.975%	CA - 80.00%	360	01-Mar-2006
7000185047 1	328,000.00	326,142.82	01-Jul-2006	8.990%	CA - 80.00%	360	01-Mar-2006
7000185150 2	229,600.00	228,178.32	01-Jul-2006	8.550%	VA - 80.00%	360	01-Mar-2006
7000185296 2	335,600.00	335,600.00	01-Jun-2006	8.550%	DC - 80.00%	360	01-Mar-2006
7000185348 1	353,250.00	350,995.39	01-Jun-2006	8.400%	CA - 90.00%	360	01-Mar-2006
7000186025 2	446,250.00	444,875.10	01-May-2006	7.850%	CA - 85.00%	360	01-Mar-2006
7000186060 2	424,186.00	420,851.19	01-Apr-2006	7.350%	CA - 80.00%	360	01-Mar-2006
7000186089 2	224,000.00	222,708.10	01-Jun-2006	8.900%	NJ - 80.00%	360	01-Mar-2006
7000186256 1	337,500.00	336,697.61	01-May-2006	8.750%	CA - 74.18%	360	01-Mar-2006
8000059204 1	236,480.00	236,478.64	01-Sep-2006	6.875%	NM - 80.00%	360	01-Nov-2005
8000067132 2	440,000.00	436,708.19	01-Jul-2006	8.100%	NY - 80.00%	360	01-Feb-2006
8000070798 1	241,500.00	240,486.63	01-Jun-2006	10.900%	NJ - 70.00%	360	01-Feb-2006
8000071908 1	84,000.00	83,465.11	01-May-2006	8.900%	NY - 80.00%	360	01-Feb-2006
8000072171 2	436,800.00	435,531.03	01-Jun-2006	8.400%	VA - 80.00%	360	01-Feb-2006
8000072950 2	280,000.00	278,587.27	01-May-2006	9.550%	NJ - 80.00%	360	01-Mar-2006
8000072969 2	628,000.00	622,605.40	01-Jul-2006	7.400%	NY - 80.00%	360	01-Feb-2006
8000074167 1	400,000.00	399,923.40	01-May-2006	6.990%	NY - 80.00%	360	01-Feb-2006
8000074244 1	88,800.00	88,539.02	01-May-2006	12.100%	CT - 60.00%	360	01-Mar-2006
8000074887 2	480,000.00	478,456.78	01-Jun-2006	7.700%	NY - 80.00%	360	01-Mar-2006
8000075050 2	297,000.00	296,099.08	01-Jul-2006	8.250%	MA - 80.00%	360	01-Feb-2006
8000075079 2	120,000.00	119,622.66	01-Jun-2006	11.775%	NY - 100.00%	360	01-Mar-2006
8000075350 1	185,000.00	184,154.95	01-Apr-2006	10.500%	RI - 77.08%	360	01-Feb-2006
8000075412 2	300,000.00	297,663.17	01-Jul-2006	8.800%	MA - 75.00%	360	01-Feb-2006
8000075425 2	394,000.00	392,853.34	01-Jun-2006	8.050%	NY - 80.00%	360	01-Mar-2006
8000075656 2	68,000.00	67,738.98	01-Apr-2006	10.850%	MI - 80.00%	360	01-Mar-2006
8000075733 1	160,000.00	159,405.35	01-Aug-2006	11.000%	MA - 54.24%	360	01-Mar-2006
8000075822 1	517,500.00	515,972.33	01-Jun-2006	8.000%	MA - 90.00%	360	01-Mar-2006
8000075851 2	266,000.00	264,214.84	01-May-2006	8.150%	NY - 80.00%	360	01-Mar-2006
8000076198 2	66,500.00	66,254.08	01-May-2006	11.025%	NY - 100.00%	360	01-Mar-2006
8000076212 1	178,808.00	178,048.25	01-May-2006	6.700%	NJ - 80.00%	360	01-Mar-2006
8000076339 2	223,600.00	221,736.36	01-May-2006	7.050%	NJ - 80.00%	360	01-Mar-2006
8000076378 2	376,000.00	374,791.16	01-Jun-2006	7.700%	NY - 80.00%	360	01-Mar-2006
8000076557 2	85,000.00	84,529.38	01-Jul-2006	9.100%	MD - 42.50%	360	01-Mar-2006
8000076796 1	216,750.00	215,682.17	01-Jul-2006	9.700%	FL - 85.00%	360	01-Mar-2006
8000076871 1	320,000.00	318,299.85	01-Jul-2006	9.300%	NJ - 80.00%	360	01-Mar-2006
8000077133 2	50,000.00	49,806.19	01-Apr-2006	10.700%	WI - 48.31%	360	01-Apr-2006
8000077169 2	466,400.00	463,142.67	01-May-2006	7.950%	NY - 80.00%	360	01-Mar-2006
8000077170 2	230,000.00	229,599.03	01-Jul-2006	9.800%	CA - 67.65%	360	01-Mar-2006
8000077232 2	408,000.00	407,186.79	01-Apr-2006	9.350%	MA - 80.00%	360	01-Mar-2006


Page 18 of 32

Fremont Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 26, 2006 Distribution

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
8000077395 2
8000077395 2	492,000.00	488,563.90	01-May-2006	7.950%	NY - 80.00%	360	01-Mar-2006

8000077524 1	283,500.00	282,589.25	01-Apr-2006	7.700%	CT - 90.00%	360	01-Mar-2006
8000077557 1	79,000.00	78,636.32	01-Apr-2006	9.990%	NY - 83.16%	360	01-Mar-2006
8000078377 1	303,200.00	302,493.31	01-Jul-2006	8.700%	MA - 80.00%	360	01-Mar-2006
8000078581 2	94,000.00	93,757.47	01-Jun-2006	12.175%	NY - 100.00%	360	01-Apr-2006
8000079090 2	137,600.00	137,009.21	01-May-2006	9.800%	MA - 80.00%	360	01-Apr-2006
8000079530 2	560,000.00	556,729.35	01-May-2006	8.300%	NY - 80.00%	360	01-Apr-2006
8000079551 2	140,000.00	139,533.82	01-May-2006	11.000%	NY - 100.00%	360	01-Apr-2006
8100073093 2	376,000.00	374,757.30	01-Jul-2006	7.950%	NJ - 80.00%	360	01-Feb-2006


TOTAL	54,223,853.00	54,002,613.56
TOTAL


Page 19 of 32

Fremont Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 26, 2006 Distribution

Prepayment Report

VOLUNTARY PREPAYMENTS



		Group 2	Group 1	Total


Current


Number of Paid in Full Loans	40	62	102
Number of Repurchased Loans	0	0	0
Total Number of Loans Prepaid in Full	40	62	102
Curtailments Amount	1,221.57	9,862.75	11,084.32
Paid in Full Balance	11,226,049.55	14,017,103.53	25,243,153.08
Repurchased Loans Balance	0.00	0.00	0.00
Total Prepayment Amount	11,227,271.12	14,026,966.28	25,254,237.40
Cumulative


Number of Paid in Full Loans	345	446	791
Number of Repurchased Loans	116	64	180
Total Number of Loans Prepaid in Full	461	510	971
Paid in Full Balance	91,559,306.67	96,937,536.13	188,496,842.80
Repurchased Loans Balance	28,832,438.55	11,891,928.80	40,724,367.35
Curtailments Amount	104,144.55	224,045.28	328,189.83
Total Prepayment Amount	120,495,889.77	109,053,510.21	229,549,399.98

Page 20 of 32

Fremont Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 26, 2006 Distribution


VOLUNTARY PREPAYMENTS RATES



		Group 2	Group 1	Total





SMM	2.44%	4.10%	3.15%
3 Months Avg SMM	3.14%	3.72%	3.39%
12 Months Avg SMM	2.95%	3.52%	3.19%
Avg SMM Since Cut-off	2.95%	3.52%	3.19%



CPR	25.67%	39.53%	31.90%
3 Months Avg CPR	31.81%	36.57%	33.87%
12 Months Avg CPR	30.15%	34.98%	32.26%
Avg CPR Since Cut-off	30.15%	34.98%	32.26%



PSA	1,261.40%	1,943.14%	1,567.79%
3 Months Avg PSA Approximation	1,733.08%	1,993.60%	1,845.88%
12 Months Avg PSA Approximation	2,254.31%	2,619.49%	2,413.66%
Avg PSA Since Cut-off Approximation	2,254.31%	2,619.49%	2,413.66%

Page 21 of 32

Fremont Home Loan Trust 2006-1

Asset Backed Certificates

December 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 22 of 32

Fremont Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 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	Principal	Prepayment	Prepayment	Note	LTV at	&	Payment

Loan Group	Status	Balance	Amount	Date	Rate	Origination	Original Term	Date

1000277547 2		214,000.00	211,897.62	29-Nov-2006	7.600%	AZ - 87.70%	Paid Off - 360	01-Nov-2005
1000277547 2		214,000.00	211,897.62	29-Nov-2006	7.600%	AZ - 87.70%	Paid Off - 360	01-Nov-2005
1000298744 2		233,600.00	232,917.71	06-Dec-2006	7.900%	CA - 80.00%	Paid Off - 360	01-Mar-2006
1000298824 2		58,400.00	58,099.73	06-Dec-2006	10.350%	CA - 100.00%	Paid Off - 360	01-Mar-2006
1000300742 1		314,000.00	312,885.85	11-Dec-2006	7.350%	CA - 83.73%	Paid Off - 360	01-Feb-2006
1000301753 1		68,425.00	68,157.72	29-Nov-2006	10.250%	CT - 85.00%	Paid Off - 360	01-Mar-2006
1000301812 1		197,625.00	196,707.69	28-Nov-2006	9.950%	VA - 75.00%	Paid Off - 360	01-Feb-2006
1000302381 1		60,000.00	59,741.69	16-Nov-2006	10.700%	MD - 100.00%	Paid Off - 360	01-Mar-2006
1000302640 1		340,200.00	338,213.09	30-Nov-2006	8.300%	VA - 90.00%	Paid Off - 360	01-Mar-2006
1000303316 1		532,000.00	531,049.42	30-Nov-2006	9.350%	NY - 80.00%	Paid Off - 360	01-Mar-2006
1000304648 2		192,000.00	191,499.02	11-Dec-2006	8.150%	MD - 78.37%	Paid Off - 360	01-Mar-2006
1000304657 2		153,680.00	152,662.84	04-Dec-2006	8.490%	AZ - 68.00%	Paid Off - 360	01-Mar-2006
1000304758 1		235,900.00	234,465.77	07-Dec-2006	8.100%	FL - 70.00%	Paid Off - 360	01-Mar-2006
1000305371 1		358,000.00	354,721.42	01-Dec-2006	5.990%	CA - 69.51%	Paid Off - 360	01-Mar-2006
1000305391 1		97,600.00	96,931.50	14-Dec-2006	7.500%	ID - 80.00%	Paid Off - 360	01-Mar-2006
1000305488 1		24,400.00	23,856.98	14-Dec-2006	10.100%	ID - 100.00%	Paid Off - 180	01-Mar-2006
1000305675 1		405,000.00	402,220.37	01-Dec-2006	7.490%	CA - 90.00%	Paid Off - 360	01-Mar-2006
1000305694 1		209,900.00	208,970.19	16-Nov-2006	9.650%	CA - 69.27%	Paid Off - 360	01-Mar-2006
1000305909 1		192,500.00	192,112.93	15-Dec-2006	8.950%	CA - 68.75%	Paid Off - 360	01-Mar-2006
1000306492 2		348,000.00	346,047.59	06-Dec-2006	8.500%	CA - 80.00%	Paid Off - 360	01-Mar-2006
1000306553 2		158,502.00	157,521.50	17-Nov-2006	8.350%	NM - 80.00%	Paid Off - 360	01-Apr-2006
1000307205 2		372,000.00	369,783.24	01-Dec-2006	8.200%	CA - 80.00%	Paid Off - 360	01-Mar-2006
1000307269 2		93,000.00	92,628.02	01-Dec-2006	10.500%	CA - 100.00%	Paid Off - 360	01-Mar-2006
1000307849 1		252,000.00	251,462.80	30-Nov-2006	8.750%	UT - 80.00%	Paid Off - 360	01-Mar-2006
1000308507 2		496,000.00	492,861.63	22-Nov-2006	7.900%	CA - 80.00%	Paid Off - 360	01-Mar-2006
1000308523 2		124,000.00	123,669.38	22-Nov-2006	12.025%	CA - 100.00%	Paid Off - 360	01-Mar-2006
3000003662 2		343,200.00	340,849.55	29-Nov-2006	7.500%	NY - 80.00%	Paid Off - 360	01-Mar-2006
3000007121 2		688,000.00	685,412.42	04-Dec-2006	6.750%	CA - 80.00%	Paid Off - 360	01-Mar-2006
5000187669 1		182,750.00	181,674.33	21-Nov-2006	8.800%	IL - 85.00%	Paid Off - 360	01-Feb-2006
5000191920 2		270,000.00	269,403.34	04-Dec-2006	9.000%	WI - 90.00%	Paid Off - 360	01-Feb-2006
5000194960 1		200,000.00	199,247.13	15-Dec-2006	8.300%	IL - 88.89%	Paid Off - 360	01-Mar-2006
5000196752 1		157,550.00	157,550.00	07-Dec-2006	6.900%	FL - 73.45%	Paid Off - 360	01-Mar-2006
5000196785 1		192,000.00	191,660.93	07-Dec-2006	9.390%	IL - 80.00%	Paid Off - 360	01-Mar-2006
5000196846 1		48,000.00	47,816.51	07-Dec-2006	10.990%	IL - 100.00%	Paid Off - 360	01-Mar-2006
5000197455 1		162,000.00	161,034.59	17-Nov-2006	8.200%	MI - 75.00%	Paid Off - 360	01-Mar-2006
5000197720 2		564,000.00	564,000.00	30-Nov-2006	7.400%	IL - 80.00%	Paid Off - 360	01-Apr-2006
5000197837 2		141,000.00	140,629.34	30-Nov-2006	11.575%	IL - 100.00%	Paid Off - 360	01-Apr-2006
5000198373 1		328,000.00	326,941.20	15-Dec-2006	7.300%	MA - 80.00%	Paid Off - 360	01-Mar-2006
5000199569 1		280,000.00	278,397.30	24-Nov-2006	8.400%	IL - 80.00%	Paid Off - 360	01-Mar-2006
5000199832 2		54,000.00	53,670.54	24-Nov-2006	10.350%	WI - 90.00%	Paid Off - 360	01-Apr-2006
6000186431 1		150,000.00	148,899.75	27-Nov-2006	8.650%	FL - 55.56%	Paid Off - 360	01-Dec-2005


Page 23 of 32

Fremont Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 26, 2006 Distribution


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


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

6000186532 1		228,000.00	225,333.17	29-Nov-2006	6.400%	FL - 80.00%	Paid Off - 360	01-Dec-2005
6000186532 1		228,000.00	225,333.17	29-Nov-2006	6.400%	FL - 80.00%	Paid Off - 360	01-Dec-2005
6000196055 1		191,700.00	190,479.34	06-Dec-2006	8.900%	FL - 90.00%	Paid Off - 360	01-Jan-2006
6000196311 1		81,200.00	80,951.54	24-Nov-2006	11.900%	VA - 70.00%	Paid Off - 360	01-Feb-2006
6000197056 2		392,220.00	391,273.80	22-Nov-2006	8.700%	FL - 90.00%	Paid Off - 360	01-Feb-2006
6000197091 1		175,000.00	173,996.67	15-Dec-2006	8.400%	MD - 58.33%	Paid Off - 360	01-Mar-2006
6000198270 2		432,000.00	430,795.74	21-Nov-2006	8.200%	MD - 90.00%	Paid Off - 360	01-Feb-2006
6000200326 1		217,100.00	216,233.95	14-Dec-2006	10.150%	MD - 65.00%	Paid Off - 360	01-Mar-2006
6000201195 1		188,080.00	186,337.63	14-Dec-2006	6.500%	MD - 80.00%	Paid Off - 360	01-Feb-2006
6000201565 1		132,000.00	131,174.37	15-Dec-2006	8.600%	FL - 80.00%	Paid Off - 360	01-Mar-2006
6000202459 1		368,000.00	365,601.09	15-Dec-2006	7.750%	NY - 80.00%	Paid Off - 360	01-Mar-2006
6000202520 1		191,700.00	190,125.67	28-Nov-2006	8.250%	VA - 90.00%	Paid Off - 360	01-Feb-2006
6000202535 2		92,000.00	91,649.99	15-Dec-2006	10.375%	NY - 100.00%	Paid Off - 360	01-Mar-2006
6000204635 1		50,800.00	50,650.57	01-Dec-2006	11.575%	VA - 100.00%	Paid Off - 360	01-Mar-2006
6000204807 2	FCL	85,500.00	85,109.22	05-Dec-2006	9.500%	VA - 57.00%	Paid Off - 360	01-Mar-2006
6000204950 1		177,450.00	176,596.03	29-Nov-2006	9.250%	MD - 65.00%	Paid Off - 360	01-Mar-2006
6000204954 2		196,000.00	195,027.16	21-Nov-2006	9.100%	FL - 80.00%	Paid Off - 360	01-Mar-2006
6000205063 1		179,000.00	178,138.07	16-Nov-2006	9.250%	MD - 56.11%	Paid Off - 360	01-Mar-2006
6000205771 1		72,100.00	71,796.88	12-Dec-2006	9.900%	MD - 70.00%	Paid Off - 360	01-Mar-2006
6000205935 1		248,000.00	247,489.00	27-Nov-2006	8.450%	NJ - 80.00%	Paid Off - 360	01-Apr-2006
6000206116 2		106,250.00	105,755.55	29-Nov-2006	9.450%	VA - 78.70%	Paid Off - 360	01-Mar-2006
6000207860 2		192,000.00	191,691.65	24-Nov-2006	9.300%	FL - 80.00%	Paid Off - 360	01-Apr-2006
6000207877 2		48,000.00	47,890.50	24-Nov-2006	12.175%	FL - 100.00%	Paid Off - 360	01-Apr-2006
7000177971 2		464,000.00	463,037.39	06-Dec-2006	9.550%	CA - 80.00%	Paid Off - 360	01-Jan-2006
7000177981 1		270,000.00	269,487.72	21-Nov-2006	9.850%	CA - 59.34%	Paid Off - 360	01-Jan-2006
7000179700 2		206,100.00	205,528.33	30-Nov-2006	8.450%	MD - 90.00%	Paid Off - 360	01-Feb-2006
7000180850 1		352,500.00	350,502.64	22-Nov-2006	8.450%	CA - 75.00%	Paid Off - 360	01-Mar-2006
7000180922 1		115,500.00	115,084.30	30-Nov-2006	11.150%	PA - 70.00%	Paid Off - 360	01-Feb-2006
7000181342 2		150,000.00	149,363.19	05-Dec-2006	10.500%	FL - 69.77%	Paid Off - 360	01-Feb-2006
7000181832 1		214,000.00	212,698.87	30-Nov-2006	8.100%	HI - 71.33%	Paid Off - 360	01-Mar-2006
7000182025 1		265,000.00	264,356.24	05-Dec-2006	8.300%	NY - 71.62%	Paid Off - 360	01-Mar-2006
7000182621 2		748,000.00	747,956.83	08-Dec-2006	7.150%	CA - 85.00%	Paid Off - 360	01-Feb-2006
7000183308 1		350,000.00	347,482.41	01-Dec-2006	7.250%	VA - 77.78%	Paid Off - 360	01-Mar-2006
7000184492 2		676,000.00	672,829.80	30-Nov-2006	9.375%	CA - 61.45%	Paid Off - 360	01-Mar-2006
7000184672 1		360,000.00	357,789.26	01-Dec-2006	8.050%	CA - 90.00%	Paid Off - 360	01-Mar-2006
7000185261 2		66,000.00	7,041.54	04-Dec-2006	12.500%	CA - 96.00%	Paid Off - 360	01-Mar-2006
7000185404 2		424,000.00	422,586.49	16-Nov-2006	8.300%	NY - 80.00%	Paid Off - 360	01-Mar-2006
7000185482 2	FCL	106,000.00	105,577.29	20-Nov-2006	10.990%	NY - 100.00%	Paid Off - 360	01-Mar-2006
7000185535 2		236,000.00	234,383.67	24-Nov-2006	7.500%	GA - 80.00%	Paid Off - 360	01-Mar-2006
7000185665 1		525,000.00	522,905.40	01-Dec-2006	7.350%	HI - 71.72%	Paid Off - 360	01-Mar-2006
7000185735 2		765,000.00	762,307.40	01-Dec-2006	6.990%	CA - 85.00%	Paid Off - 360	01-Mar-2006
7000185910 1		323,000.00	322,479.92	20-Nov-2006	9.700%	CA - 61.29%	Paid Off - 360	01-Mar-2006
7000186154 1		212,400.00	211,181.74	29-Nov-2006	8.390%	OR - 90.00%	Paid Off - 360	01-Mar-2006
7000186154 1			211,181.74		8.390%	OR - 90.00%	Paid Off - 360

Page 24 of 32

Fremont Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 26, 2006 Distribution


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


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

7000186235 1		300,000.00	298,556.29	12-Dec-2006	9.250%	HI - 75.00%	Paid Off - 360	01-Mar-2006
7000186235 1		300,000.00	298,556.29	12-Dec-2006	9.250%	HI - 75.00%	Paid Off - 360	01-Mar-2006
7000186596 1		195,000.00	193,849.63	27-Nov-2006	8.250%	HI - 48.75%	Paid Off - 360	01-Mar-2006
8000062358 2		312,000.00	309,383.68	21-Nov-2006	8.400%	NJ - 80.00%	Paid Off - 360	01-Nov-2005
8000067759 2		211,500.00	210,026.49	12-Dec-2006	8.750%	NJ - 90.00%	Paid Off - 360	01-Jan-2006
8000074358 1		100,000.00	98,863.22	21-Nov-2006	8.850%	WI - 100.00%	Paid Off - 360	01-Feb-2006
8000074998 1		333,000.00	330,892.94	06-Dec-2006	7.900%	FL - 90.00%	Paid Off - 360	01-Mar-2006
8000075123 1		184,000.00	183,018.96	15-Dec-2006	8.750%	NJ - 80.00%	Paid Off - 360	01-Mar-2006
8000075283 2		380,000.00	378,716.55	22-Nov-2006	7.150%	NY - 80.00%	Paid Off - 360	01-Mar-2006
8000075432 2		95,000.00	94,579.61	22-Nov-2006	9.850%	NY - 100.00%	Paid Off - 360	01-Mar-2006
8000075689 1		340,000.00	337,670.87	22-Nov-2006	7.500%	NJ - 80.00%	Paid Off - 360	01-Mar-2006
8000075860 2		442,000.00	439,984.21	29-Nov-2006	8.925%	NJ - 85.00%	Paid Off - 360	01-Apr-2006
8000076045 1		225,000.00	223,834.53	01-Dec-2006	8.900%	MD - 86.54%	Paid Off - 360	01-Mar-2006
8000076423 1		428,000.00	426,804.49	11-Dec-2006	8.300%	NY - 80.00%	Paid Off - 360	01-Mar-2006
8000076680 1		205,500.00	204,608.48	21-Nov-2006	9.750%	RI - 75.00%	Paid Off - 360	01-Mar-2006
8000077674 1	FCL	238,000.00	236,956.68	01-Dec-2006	9.700%	MA - 68.00%	Paid Off - 360	01-Mar-2006
8000077790 1		290,500.00	289,659.61	15-Dec-2006	11.650%	NJ - 70.00%	Paid Off - 360	01-Mar-2006
8000077811 1		251,600.00	251,599.96	17-Nov-2006	8.450%	FL - 85.00%	Paid Off - 360	01-Mar-2006
8000077850 1		165,000.00	163,924.33	21-Nov-2006	7.750%	NJ - 78.57%	Paid Off - 360	01-Mar-2006
8000078073 1		164,000.00	163,665.33	17-Nov-2006	8.900%	MA - 80.00%	Paid Off - 360	01-Mar-2006
8000078631 1		190,000.00	189,606.57	29-Nov-2006	8.850%	FL - 45.24%	Paid Off - 360	01-Mar-2006


TOTAL	25,413,932.00	25,243,153.08

Page 25 of 32

Fremont Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 26, 2006 Distribution

Realized Loss Report

COLLATERAL REALIZED LOSSES



	Group 2	Group 1	Total


Current





Subsequent Recoveries	144,885.39	0.00	144,885.39
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	(144,885.39)	0.00	(144,885.39)
Net Liquidation Proceeds	144,885.39	0.00	144,885.39
Cumulative
Cumulative



Number of Loans Liquidated	11	1	12
Collateral Realized Loss/(Gain) Amount	992,974.05	39,253.45	1,032,227.50
Net Liquidation Proceeds	0.00	0.00	0.00
Cumulative Subsequent Recoveries	-105,805.30	-2,226.08	-108,031.38

Page 26 of 32

Fremont Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 26, 2006 Distribution


DEFAULT SPEEDS

	Group 2	Group 1	Total



MDR	0.00%	0.00%	0.00%
3 Months Avg MDR	0.06%	0.00%	0.04%
12 Months Avg MDR	0.02%	0.00%	0.01%
Avg MDR Since Cut-off	0.02%	0.00%	0.01%


CDR	0.00%	0.00%	0.00%
3 Months Avg CDR	0.73%	0.04%	0.44%
12 Months Avg CDR	0.27%	0.02%	0.16%
Avg CDR Since Cut-off	0.27%	0.02%	0.16%


SDA	0.00%	0.00%	0.00%
3 Months Avg SDA Approximation	3.96%	0.22%	2.38%
12 Months Avg SDA Approximation	2.04%	0.12%	1.22%
Avg SDA Since Cut-off Approximation	2.04%	0.12%	1.22%


Loss Severity Approximation for Current Period	0.00%	0.00%	0.00%
3 Months Avg Loss Severity Approximation	100.00%	100.00%	100.00%
12 Months Avg Loss Severity Approximation	100.00%	100.00%	100.00%
Avg Loss Severity Approximation Since Cut-off	100.00%	100.00%	100.00%

Page 27 of 32

Fremont Home Loan Trust 2006-1

Asset Backed Certificates

December 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: Weighted 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 28 of 32

Fremont Home Loan Trust 2006-1

Asset Backed Certificates

December 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)

1000306001 2

CA - 100.00%

360

Revision

(1,000.91)

1000306602 2

CA - 100.00%

360

Revision

(143,884.48)

TOTAL

(144,885.39)

Page 29 of 32

Fremont Home Loan Trust 2006-1

Asset Backed Certificates

December 26, 2006 Distribution

Triggers and Adj. Cert. Report

TRIGGER EVENTS

Group 2

Group 1

Total

Stepdown Date Occurred?

Credit Enhancement Percentage (For Stepdown Date)

30.7053%

Applicable % (On and After Stepdown Date)

47.2000%

Trigger Event In Effect?

Delinquency Percentage

12.9949%

Prior Credit Enhancement Percentage

29.7243%

Class M-1 Credit Enchancement Percentage

0.190000%

Cumulative Realized Losses

992,974.05

39,253.45

1,032,227.50

Stated Principal Balance as of Cutoff Date

1,009,982,561.81

Realized Loss Percentage

0.1022%

Swap Provider Trigger Event?

ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK

ADDITIONAL INFORMATION

Group 2

Group 1

Total

Current LIBOR Rate

5.320000%

Next LIBOR Rate

0.000000%

Libor Rate Determination Date

11/22/2006

Next Libor Determination Date

12/21/2006

Extraordinary Trust Fund Expenses

0.00

Page 30 of 32

Fremont Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 26, 2006 Distribution

Additional Certificate Report

ADDITIONAL CERTIFICATE REPORT

		NET WAC Shortfall Prior (1)	Curr NET WAC SF (2)	Total NET WAC SF (1+2)	Net Wac Paid from Cap	NET WAC Shortfall Paid	NET WAC Shortfall UnPaid
CLASS

	I-A1	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	II-A1	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	II-A2	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	II-A3	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	II-A4	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	M-1	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	M-2	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	M-3	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	M-4	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	M-5	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	M-6	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	M-7	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	M-8	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	M-9	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	B-1	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	B-2	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	B-3	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	C	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	P	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	R	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00




Page 31 of 32

Fremont Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 26, 2006 Distribution

Other Related Information
ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
	Group 2	Group 1	Total
Current Scheduled Payments	3,396,753.89	2,562,438.00	5,959,191.89
Current Scheduled Payments 1 Month Prior	3,554,817.57	2,676,936.05	6,231,753.62
Current Scheduled Payments 2 Month Prior	3,659,070.32	2,761,440.46	6,420,510.78
Current Scheduled Payments 3 Month Prior	3,748,668.01	2,873,737.59	6,622,405.59
Current Scheduled Payments 4 Month Prior	3,849,954.24	2,967,168.10	6,817,122.34
Current Scheduled Payments 5 Month Prior	4,120,084.96	3,124,396.88	7,244,481.85
Current Scheduled Payments 6 Month Prior	4,171,705.93	3,206,471.79	7,378,177.71
Current Scheduled Payments 7 Month Prior	4,243,924.48	3,295,462.45	7,539,386.93
Current Scheduled Payments 8 Month Prior	0.00	0.00	0.00
Current Scheduled Payments 9 Month Prior	0.00	0.00	0.00
Current Scheduled Payments 10 Month Prior	0.00	0.00	0.00
Current Scheduled Payments 11 Month Prior	0.00	0.00	0.00

Delinquent 60+ Scheduled Payments	507,043.55	266,232.53	773,276.08
Delinq. 60+ Sched. Pmnts, 1 Month Prior	436,487.35	217,549.51	654,036.87
Delinq. 60+ Sched. Pmnts, 2 Month Prior	397,331.32	178,654.14	575,985.46
Delinq. 60+ Sched. Pmnts, 3 Month Prior	279,932.10	98,864.53	378,796.63
Delinq. 60+ Sched. Pmnts, 4 Month Prior	110,489.23	43,878.12	154,367.34
Delinq. 60+ Sched. Pmnts, 5 Month Prior	161,861.68	55,796.60	217,658.28
Delinq. 60+ Sched. Pmnts, 6 Month Prior	68,510.60	25,665.70	94,176.30
Delinq. 60+ Sched. Pmnts, 7 Month Prior	0.00	0.00	0.00
Delinq. 60+ Sched. Pmnts, 8 Month Prior	0.00	0.00	0.00
Delinq. 60+ Sched. Pmnts, 9 Month Prior	0.00	0.00	0.00
Delinq. 60+ Sched. Pmnts, 10 Month Prior	0.00	0.00	0.00
Delinq. 60+ Sched. Pmnts, 11 Month Prior	0.00	0.00	0.00





Page 32 of 32

Fremont Home Loan Trust 2006-1 10-D