Soundview Home Loan Trust 2006-OPT2

Mortgage Pass-Through Certificates

December 26, 2006 Distribution

External Parties

Table of Contents

Page

Seller

Option One Mortgage Corporation

1. Certificate Payment Report

2. Collection Account Report

Servicer(s)

3. Credit Enhancement Report

Option One

4. Collateral Report

5. Delinquency Report

Underwriter(s)

6. REO Report

Greenwich Capital Markets

7. Foreclosure Report

8. Prepayment Report

Swap Counterparty

9. Prepayment Detail Report

HSBC Bank

10. Realized Loss Report

11. Realized Loss Detail Report

12. Triggers and Adj. Cert. Report

13. Additional Certificate Report

14. Other Related Information

Total Number of Pages

Dates

Contacts

Cut-Off Date:

April 01, 2006

Michael Boyle

Close Date:

April 07, 2006

Administrator

First Distribution Date:

May 25, 2006

(714) 247-6273

michael-l.boyle@db.com

Address:

Distribution Date:

December 26, 2006

1761 E.Saint Andrew Pl, Santa Ana, CA 92705

Record Date:

November 30, 2006

Factor Information:

(800) 735-7777

December 22, 2006

Main Phone Number:

(714) 247-6000

Determination Date

December 13, 2006

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

Page 1 of 31

Soundview Home Loan Trust 2006-OPT2



Mortgage Pass-Through Certificates
Mortgage Pass-Through 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)
A-1	INT	$	584,740,000.00	277,204,409.60	1,203,606.15	42,893,740.03	44,097,346.18	0.00	0.00	234,310,669.57
A-1	INT	$	584,740,000.00	277,204,409.60	1,203,606.15	42,893,740.03	44,097,346.18	0.00	0.00	234,310,669.57
A-2	INT	$	295,730,000.00	295,730,000.00	1,295,954.58	0.00	1,295,954.58	0.00	0.00	295,730,000.00
A-3	INT	$	297,950,000.00	297,950,000.00	1,320,084.03	0.00	1,320,084.03	0.00	0.00	297,950,000.00
A-4	INT	$	87,180,000.00	87,180,000.00	393,278.67	0.00	393,278.67	0.00	0.00	87,180,000.00
M-1	INT	$	108,800,000.00	108,800,000.00	492,561.78	0.00	492,561.78	0.00	0.00	108,800,000.00
M-2	INT	$	31,200,000.00	31,200,000.00	143,008.67	0.00	143,008.67	0.00	0.00	31,200,000.00
M-3	INT	$	28,000,000.00	28,000,000.00	130,596.67	0.00	130,596.67	0.00	0.00	28,000,000.00
M-4	INT	$	27,200,000.00	27,200,000.00	127,303.56	0.00	127,303.56	0.00	0.00	27,200,000.00
M-5	INT	$	25,600,000.00	25,600,000.00	121,052.44	0.00	121,052.44	0.00	0.00	25,600,000.00
M-6	INT	$	22,400,000.00	22,400,000.00	114,040.89	0.00	114,040.89	0.00	0.00	22,400,000.00
M-7	INT	$	18,400,000.00	18,400,000.00	96,640.89	0.00	96,640.89	0.00	0.00	18,400,000.00
M-8	INT	$	15,200,000.00	15,200,000.00	91,466.00	0.00	91,466.00	0.00	0.00	15,200,000.00
M-9	INT	$	11,200,000.00	11,200,000.00	70,553.78	0.00	70,553.78	0.00	0.00	11,200,000.00
M-10	INT	$	16,000,000.00	16,000,000.00	100,791.11	0.00	100,791.11	0.00	0.00	16,000,000.00
M-11	INT	$	14,400,000.00	14,400,000.00	60,000.00	0.00	60,000.00	0.00	0.00	14,400,000.00
C	INT	$	15,999,903.96	16,000,000.04	3,239,981.82	0.00	3,239,981.82	0.00	0.00	16,000,000.04
P	INT	$	100.00	100.00	565,736.01	0.00	565,736.01	0.00	0.00	100.00
R	RES	$	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
R-X	RES	$	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00


Total		1,600,000,003.96	1,292,464,509.64	9,566,657.05	42,893,740.03	52,460,397.08	0.00	0.00	1,249,570,769.61
Total





Page 2 of 31

Soundview Home Loan Trust 2006-OPT2



Mortgage Pass-Through Certificates
Mortgage Pass-Through 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)

A-1	11/27/06	12/25/06	A-Act/360	83611MMH8	584,740,000.00	474.064387	2.058361	73.355235	75.413596	400.709152
A-1	11/27/06	12/25/06	A-Act/360	83611MMH8	584,740,000.00	474.064387	2.058361	73.355235	75.413596	400.709152
A-2	11/27/06	12/25/06	A-Act/360	83611MMJ4	295,730,000.00	1,000.000000	4.382222	0.000000	4.382222	1,000.000000
A-3	11/27/06	12/25/06	A-Act/360	83611MMK1	297,950,000.00	1,000.000000	4.430556	0.000000	4.430556	1,000.000000
A-4	11/27/06	12/25/06	A-Act/360	83611MML9	87,180,000.00	1,000.000000	4.511111	0.000000	4.511111	1,000.000000
M-1	11/27/06	12/25/06	A-Act/360	83611MMM7	108,800,000.00	1,000.000000	4.527222	0.000000	4.527222	1,000.000000
M-2	11/27/06	12/25/06	A-Act/360	83611MMN5	31,200,000.00	1,000.000000	4.583611	0.000000	4.583611	1,000.000000
M-3	11/27/06	12/25/06	A-Act/360	83611MMP0	28,000,000.00	1,000.000000	4.664167	0.000000	4.664167	1,000.000000
M-4	11/27/06	12/25/06	A-Act/360	83611MMQ8	27,200,000.00	1,000.000000	4.680278	0.000000	4.680278	1,000.000000
M-5	11/27/06	12/25/06	A-Act/360	83611MMR6	25,600,000.00	1,000.000000	4.728611	0.000000	4.728611	1,000.000000
M-6	11/27/06	12/25/06	A-Act/360	83611MMS4	22,400,000.00	1,000.000000	5.091111	0.000000	5.091111	1,000.000000
M-7	11/27/06	12/25/06	A-Act/360	83611MMT2	18,400,000.00	1,000.000000	5.252222	0.000000	5.252222	1,000.000000
M-8	11/27/06	12/25/06	A-Act/360	83611MMU9	15,200,000.00	1,000.000000	6.017500	0.000000	6.017500	1,000.000000
M-9	11/27/06	12/25/06	A-Act/360	83611MMV7	11,200,000.00	1,000.000000	6.299445	0.000000	6.299445	1,000.000000
M-10	11/27/06	12/25/06	A-Act/360	83611MMW5	16,000,000.00	1,000.000000	6.299444	0.000000	6.299444	1,000.000000
M-11	11/01/06	11/30/06	F-30/360	83611MMX3	14,400,000.00	1,000.000000	4.166667	0.000000	4.166667	1,000.000000
C	11/01/06	11/30/06	A-30/360	GC06O2101	15,999,903.96	1,000.006005	202.500079	0.000000	202.500079	1,000.006005
P	11/01/06	11/30/06	A-30/360	GC06O2102	100.00	1,000.000000	5,657,360.100000	0.000000	5,657,360.100000	1,000.000000
R	11/01/06	11/30/06	A-30/360	GC06O2103	0.00	0.000000	0.000000	0.000000	0.000000	0.000000
R-X	11/01/06	11/30/06	A-30/360	GC06O3104	0.00	0.000000	0.000000	0.000000	0.000000	0.000000




Page 3 of 31

Soundview Home Loan Trust 2006-OPT2



Mortgage Pass-Through Certificates
Mortgage Pass-Through 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)
A-1	584,740,000.00	17,792,152.92	345,201,109.89	5,228,220.54	350,429,330.43	368,221,483.35	0.00	0.00	234,310,669.57
A-2	295,730,000.00	11,549,269.21	0.00	0.00	0.00	11,549,269.21	0.00	0.00	295,730,000.00
A-3	297,950,000.00	11,766,569.22	0.00	0.00	0.00	11,766,569.22	0.00	0.00	297,950,000.00
A-4	87,180,000.00	3,506,581.28	0.00	0.00	0.00	3,506,581.28	0.00	0.00	87,180,000.00
M-1	108,800,000.00	4,392,084.57	0.00	0.00	0.00	4,392,084.57	0.00	0.00	108,800,000.00
M-2	31,200,000.00	1,275,450.18	0.00	0.00	0.00	1,275,450.18	0.00	0.00	31,200,000.00
M-3	28,000,000.00	1,165,090.33	0.00	0.00	0.00	1,165,090.33	0.00	0.00	28,000,000.00
M-4	27,200,000.00	1,135,776.26	0.00	0.00	0.00	1,135,776.26	0.00	0.00	27,200,000.00
M-5	25,600,000.00	1,080,187.21	0.00	0.00	0.00	1,080,187.21	0.00	0.00	25,600,000.00
M-6	22,400,000.00	1,018,803.82	0.00	0.00	0.00	1,018,803.82	0.00	0.00	22,400,000.00
M-7	18,400,000.00	863,759.02	0.00	0.00	0.00	863,759.02	0.00	0.00	18,400,000.00
M-8	15,200,000.00	819,032.28	0.00	0.00	0.00	819,032.28	0.00	0.00	15,200,000.00
M-9	11,200,000.00	632,135.24	0.00	0.00	0.00	632,135.24	0.00	0.00	11,200,000.00
M-10	16,000,000.00	903,050.34	0.00	0.00	0.00	903,050.34	0.00	0.00	16,000,000.00
M-11	14,400,000.00	480,000.00	0.00	0.00	0.00	480,000.00	0.00	0.00	14,400,000.00
C	15,999,903.96	24,096,302.68	0.00	0.00	0.00	24,096,302.68	0.00	96.08	16,000,000.04
P	100.00	4,530,054.57	0.00	0.00	0.00	4,530,054.57	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	1,600,000,003.96	87,006,299.13	345,201,109.89	5,228,220.54	350,429,330.43	437,435,629.56	0.00	96.08	1,249,570,769.61


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)
A-1	5.39000%	277,204,409.60	1,203,606.15	0.00	0.00	0.00	1,203,606.15	1,203,606.15	0.00
A-2	5.44000%	295,730,000.00	1,295,954.58	0.00	0.00	0.00	1,295,954.58	1,295,954.58	0.00
A-3	5.50000%	297,950,000.00	1,320,084.03	0.00	0.00	0.00	1,320,084.03	1,320,084.03	0.00
A-4	5.60000%	87,180,000.00	393,278.67	0.00	0.00	0.00	393,278.67	393,278.67	0.00
M-1	5.62000%	108,800,000.00	492,561.78	0.00	0.00	0.00	492,561.78	492,561.78	0.00
M-2	5.69000%	31,200,000.00	143,008.67	0.00	0.00	0.00	143,008.67	143,008.67	0.00
M-3	5.79000%	28,000,000.00	130,596.67	0.00	0.00	0.00	130,596.67	130,596.67	0.00
M-4	5.81000%	27,200,000.00	127,303.56	0.00	0.00	0.00	127,303.56	127,303.56	0.00
M-5	5.87000%	25,600,000.00	121,052.44	0.00	0.00	0.00	121,052.44	121,052.44	0.00
M-6	6.32000%	22,400,000.00	114,040.89	0.00	0.00	0.00	114,040.89	114,040.89	0.00
M-7	6.52000%	18,400,000.00	96,640.89	0.00	0.00	0.00	96,640.89	96,640.89	0.00
M-8	7.47000%	15,200,000.00	91,466.00	0.00	0.00	0.00	91,466.00	91,466.00	0.00
M-9	7.82000%	11,200,000.00	70,553.78	0.00	0.00	0.00	70,553.78	70,553.78	0.00
M-10	7.82000%	16,000,000.00	100,791.11	0.00	0.00	0.00	100,791.11	100,791.11	0.00
M-11	5.00000%	14,400,000.00	60,000.00	0.00	0.00	0.00	60,000.00	60,000.00	0.00
C	0.00000%	16,000,000.04	0.00	0.00	0.00	0.00	0.00	3,239,981.82	0.00
P	0.00000%	100.00	0.00	0.00	0.00	0.00	0.00	565,736.01	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		1,292,464,509.64	5,760,939.22	0.00	0.00	0.00	5,760,939.22	9,566,657.05	0.00



Page 4 of 31

Soundview Home Loan Trust 2006-OPT2

Mortgage Pass-Through Certificates

December 26, 2006 Distribution

Collection Account Report

SUMMARY

Total

Principal Collections

42,893,740.03

Principal Withrawals

0.00

Principal Other Accounts

0.00

TOTAL NET PRINCIPAL

42,893,740.03

Interest Collections

8,756,030.29

Interest Withdrawals

-0.00

Interest Other Accounts

866,694.27

Interest Fees

-56,067.51

TOTAL NET INTEREST

9,566,657.05

TOTAL AVAILABLE FUNDS FOR DISTRIBUTION

52,460,397.08

PRINCIPAL - COLLECTIONS

Total

Scheduled Principal Received

589,108.46

Curtailments

137,158.98

Prepayments In Full

42,167,472.59

Repurchased/Substitutions

0.00

Liquidations

0.00

Other Additional Principal

0.00

Delinquent Principal

-533,493.41

Realized Losses

-0.00

Advanced Principal

533,493.41

TOTAL PRINCIPAL COLLECTED

42,893,740.03

PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK

PRINCIPAL - OTHER ACCOUNTS

SPACE INTENTIONALLY LEFT BLANK

Page 5 of 31

Soundview Home Loan Trust 2006-OPT2

Mortgage Pass-Through Certificates

December 26, 2006 Distribution

INTEREST - COLLECTIONS

Total

Scheduled Interest

9,040,403.48

Repurchased/Substitution Interest

0.00

Liquidation Interest

0.00

Other Additional Interest

0.00

Prepayment Interest Shortfalls

-30,174.72

Delinquent Interest

-7,965,754.41

Interest Realized Loss

0.00

Compensating Interest

30,174.72

Civil Relief Act Shortfalls

-0.00

Interest Advanced

7,681,381.22

TOTAL INTEREST COLLECTED

8,756,030.29

INTEREST - WITHDRAWALS

Total

Extraordinary Trust Fund Expenses

0.00

TOTAL INTEREST WITHDRAWALS

0.00

INTEREST - OTHER ACCOUNTS

Total

Prepayment Charges

565,736.01

Interest Swap Reciept

5,929,992.37

Interest Swap Payment

(5,629,034.11)

Swap Termination Payment

0.00

Swap Termination Payment due to Swap Provider Trigger

0.00

Net SWAP Receipt from SWAP Provider

300,958.26

TOTAL INTEREST OTHER ACCOUNTS

866,694.27

INTEREST FEES

Total

Current Servicing Fees

38,742.93

Current Trustee Fees

0.00

Current Custodian Fees

4,308.22

Current Credit Risk Manager Fees

13,016.36

TOTAL INTEREST FEES

56,067.51

Page 6 of 31

Soundview Home Loan Trust 2006-OPT2

Mortgage Pass-Through Certificates

December 26, 2006 Distribution

Credit Enhancement Report

ACCOUNTS

Net WAC Rate Carryover Reserve Account

Beginning Account Balance

0.00

Account Deposit

0.00

Account Withdrawls

0.00

Releases

0.00

Ending Account Balance

0.00

SWAP ACCOUNT

Beginning Account Balance

1,000.00

Account Deposit

5,929,992.37

Account Withdrawls

5,629,034.11

Releases

300,958.26

Ending Account Balance

1,000.00

INSURANCE

SPACE INTENTIONALLY LEFT BLANK

STRUCTURAL FEATURES

Total

Overcollateralization Target Amount

16,000,000.04

Overcollateralization Amount (Beginning)

16,000,000.04

Overcollateralization Deficiency Amount

0.00

Extra Principal Distribution Amount

0.00

Overcollateralization Release Amount

0.00

Overcollateralization Amount (Ending)

16,000,000.04

Overcollateralization Deficiency (Ending)

0.00

Excess Overcollateralization (Ending)

0.00

Net Monthly Excess Cashflow

3,239,981.82

Page 7 of 31

Soundview Home Loan Trust 2006-OPT2

Mortgage Pass-Through Certificates

December 26, 2006 Distribution

Collateral Report

COLLATERAL

Total

Loan Count:

Original

8,050

Prior

6,645

Prefunding

Scheduled Paid Offs

-0

Full Voluntary Prepayments

-199

Repurchases

-0

Liquidations

-0

Current

6,446

Principal Balance:

Original

1,600,000,003.96

Prior

1,292,464,509.64

Prefunding

0.00

Scheduled Principal

-589,108.46

Partial Prepayments

-137,158.98

Full Voluntary Prepayments

-42,167,472.59

Repurchases

-0.00

Liquidations

-0.00

Current

1,249,570,769.61

PREFUNDING

SPACE INTENTIONALLY LEFT BLANK

Page 8 of 31

Soundview Home Loan Trust 2006-OPT2



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


CHARACTERISTICS
CHARACTERISTICS

							Total
Weighted Average Coupon Original							8.47182%
Weighted Average Coupon Prior							8.40882%
Weighted Average Coupon Current							8.39364%
Weighted Average Months to Maturity Original							356
Weighted Average Months to Maturity Prior							350
Weighted Average Months to Maturity Current							349
Weighted Avg Remaining Amortization Term Original							378
Weighted Avg Remaining Amortization Term Prior							373
Weighted Avg Remaining Amortization Term Current							372
Weighted Average Seasoning Original							3.12
Weighted Average Seasoning Prior							9.09
Weighted Average Seasoning Current							10.08

Page 9 of 31

Soundview Home Loan Trust 2006-OPT2



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


ARM CHARACTERISTICS
ARM CHARACTERISTICS

							Total
Weighted Average Margin Original							6.47328%
Weighted Average Margin Prior							6.43651%
Weighted Average Margin Current							6.42546%
Weighted Average Max Rate Original							14.40634%
Weighted Average Max Rate Prior							14.34127%
Weighted Average Max Rate Current							14.32417%
Weighted Average Min Rate Original							8.39496%
Weighted Average Min Rate Prior							8.32933%
Weighted Average Min Rate Current							8.31285%
Weighted Average Cap Up Original							1.00224%
Weighted Average Cap Up Prior							1.00225%
Weighted Average Cap Up Current							1.00217%
Weighted Average Cap Down Original							1.00224%
Weighted Average Cap Down Prior							1.00225%
Weighted Average Cap Down Current							1.00217%




SERVICING FEES & ADVANCES
SERVICING FEES & ADVANCES

							Total




Current Servicing Fees							38,742.93
Delinquent Servicing Fees							284,373.20
TOTAL SERVICING FEES							323,116.13


Total Servicing Fees							323,116.13
Compensating Interest							-30,174.72
Delinquent Servicing Fees							-284,373.20
COLLECTED SERVICING FEES							8,568.22


Total Advaced Interest							7,681,381.22
Total Advaced Principal							533,493.41
Aggregate Advances with respect to this Distribution							8,214,874.63





ADDITIONAL COLLATERAL INFORMATION
ADDITIONAL COLLATERAL INFORMATION
							Total
Prepayment Interest Shortfall (PPIS)							30,174.72
Compensating Interest							(30,174.72)
Net Prepayment Interest Shortfall (PPIS)							0.00

Weighted Average Net Mortgage Rate							8.882247%







Page 10 of 31

Soundview Home Loan Trust 2006-OPT2



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

Delinquency Report

TOTAL
		< 1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT	Balance		43,622,748.53	17,195,786.11	18,319,332.18	79,137,866.82
	% Balance		3.49%	1.38%	1.47%	6.33%
	# Loans		240	94	98	432
	% # Loans		3.72%	1.46%	1.52%	6.70%
FORECLOSURE	Balance	534,574.89	157,079.97	7,960,293.59	27,346,009.28	35,997,957.73
	% Balance	0.04%	0.01%	0.64%	2.19%	2.88%
	# Loans	2	2	38	126	168
	% # Loans	0.03%	0.03%	0.59%	1.95%	2.61%
BANKRUPTCY	Balance	284,509.29	617,252.47	434,635.66	822,658.04	2,159,055.46
	% Balance	0.02%	0.05%	0.03%	0.07%	0.17%
	# Loans	4	4	4	8	20
	% # Loans	0.06%	0.06%	0.06%	0.12%	0.31%
REO	Balance	0.00	0.00	0.00	1,292,638.57	1,292,638.57
	% Balance	0.00%	0.00%	0.00%	0.10%	0.10%
	# Loans	0	0	0	10	10
	% # Loans	0.00%	0.00%	0.00%	0.16%	0.16%
TOTAL	Balance	819,084.18	44,397,080.97	25,590,715.36	47,780,638.07	118,587,518.58
	% Balance	0.07%	3.55%	2.05%	3.82%	9.49%
	# Loans	6	246	136	242	630
	% # Loans	0.09%	3.82%	2.11%	3.75%	9.77%

Page 11 of 31

Soundview Home Loan Trust 2006-OPT2



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

REO 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 REO Property this Period:
101052743 1	79,800.00	79,434.80	01-Jun-2006	10.950%	TX - 94.86%	360	01-Jan-2006
101054124 1	136,000.00	135,341.77	01-Jun-2006	9.750%	TX - 79.92%	360	01-Mar-2006
351033522 1	144,000.00	143,285.81	01-Jun-2006	9.770%	TX - 89.96%	360	01-Apr-2006
391016142 1	154,375.00	153,442.49	01-May-2006	9.600%	TN - 94.81%	360	01-Jan-2006
551011529 1	145,760.00	144,982.91	01-May-2006	8.750%	TX - 79.95%	360	01-Apr-2006


TOTAL	659,935.00	656,487.78

Became REO Property in a Prior Period:
351031503 1	71,250.00	70,991.41	01-May-2006	12.000%	TX - 94.89%	360	01-Jan-2006
391016122 1	147,250.00	146,360.49	01-May-2006	9.600%	TN - 94.81%	360	01-Jan-2006
641013377 1	91,120.00	90,330.94	01-May-2006	8.640%	TX - 79.71%	360	01-Nov-2005
641015773 1	84,700.00	84,467.95	01-May-2006	11.900%	TX - 86.85%	360	01-Apr-2006
691007550 1	244,000.00	244,000.00	01-May-2006	8.650%	VA - 80.00%	360	01-Apr-2006


TOTAL	638,320.00	636,150.79


TOTAL	1,298,255.00	1,292,638.57
TOTAL


Page 12 of 31

Soundview Home Loan Trust 2006-OPT2



Mortgage Pass-Through Certificates
Mortgage Pass-Through 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:
51062462 1	61,750.00	61,468.03	01-Aug-2006	11.050%	TN - 94.85%	360	01-Mar-2006
51063203 1	264,000.00	262,396.10	01-Aug-2006	8.450%	GA - 79.95%	360	01-Apr-2006
71071312 1	201,560.00	200,590.07	01-Jun-2006	9.250%	FL - 79.96%	360	01-Apr-2006
71071494 1	300,000.00	298,642.60	01-Aug-2006	9.550%	FL - 62.47%	360	01-Apr-2006
101052600 1	171,000.00	170,213.69	01-Jul-2006	10.900%	TX - 94.86%	360	01-Jan-2006
101052882 1	98,400.00	97,761.24	01-Jul-2006	9.250%	TX - 79.83%	360	01-Jan-2006
101054257 1	120,800.00	120,124.41	01-Aug-2006	9.050%	TX - 79.91%	360	01-Mar-2006
131037584 1	53,353.00	53,177.27	01-Aug-2006	11.050%	KY - 78.43%	360	01-Apr-2006
131038164 1	68,250.00	68,072.95	01-Aug-2006	12.150%	OH - 64.98%	360	01-Apr-2006
131038234 1	135,200.00	134,541.32	01-Aug-2006	9.190%	FL - 79.96%	360	01-Apr-2006
141052152 1	300,021.00	296,698.29	01-Aug-2006	6.550%	CT - 61.64%	360	01-Jan-2006
141053282 1	202,500.00	201,568.84	01-Aug-2006	9.470%	NY - 49.98%	360	01-Apr-2006
161046810 1	260,000.00	257,579.49	01-Jun-2006	7.450%	MA - 79.75%	360	01-Jan-2006
211040418 1	103,500.00	102,991.56	01-Jun-2006	9.150%	VA - 74.96%	360	01-Apr-2006
231078830 1	212,500.00	212,002.11	01-Aug-2006	8.800%	RI - 84.96%	360	01-Mar-2006
231078883 1	79,920.00	79,414.34	01-Jun-2006	7.900%	NH - 79.95%	360	01-Apr-2006
271027080 1	66,500.00	65,170.92	01-Aug-2006	11.300%	TX - 94.80%	180	01-Apr-2006
291004310 1	73,100.00	72,829.27	01-Aug-2006	10.500%	MD - 84.97%	360	01-Apr-2006
301004162 1	495,000.00	492,714.46	01-Aug-2006	9.450%	OR - 89.96%	360	01-Apr-2006
301004179 1	405,000.00	403,130.03	01-Aug-2006	9.450%	OR - 89.96%	360	01-Apr-2006
331044603 1	170,000.00	169,231.17	01-May-2006	9.550%	PA - 84.96%	360	01-Apr-2006
341030958 1	150,400.00	150,400.00	01-May-2006	9.000%	VA - 80.00%	360	01-Apr-2006
351031876 1	142,400.00	141,559.21	01-Aug-2006	10.200%	TX - 79.82%	360	01-Jan-2006
351031922 1	203,940.00	203,940.00	01-Aug-2006	7.950%	TX - 80.00%	360	01-Jan-2006
351033261 1	184,000.00	183,339.79	01-Aug-2006	10.650%	TX - 79.97%	360	01-Apr-2006
351033517 1	168,000.00	166,642.68	01-Jul-2006	6.650%	TX - 79.93%	360	01-Apr-2006
351033918 1	88,000.00	87,420.68	01-Jul-2006	7.700%	TX - 79.94%	360	01-Apr-2006
361028537 1	107,950.00	107,679.99	01-Aug-2006	9.225%	MI - 84.93%	360	01-Jan-2006
361030159 1	68,800.00	68,539.71	01-Aug-2006	10.400%	MI - 79.97%	360	01-Apr-2006
381025439 1	455,905.00	452,878.00	01-Jul-2006	9.140%	MA - 94.80%	360	01-Jan-2006
391016895 1	160,000.00	158,081.80	01-Aug-2006	10.900%	TN - 79.97%	360	01-Apr-2006
391016997 1	55,000.00	54,802.72	01-Jun-2006	10.650%	AL - 78.54%	360	01-Apr-2006
391017011 1	53,500.00	53,344.74	01-May-2006	11.700%	TN - 84.89%	360	01-Apr-2006
391017091 1	105,600.00	105,081.28	01-Jun-2006	9.150%	AL - 79.96%	360	01-Apr-2006
511042131 1	295,000.00	293,478.65	01-Aug-2006	6.250%	CA - 69.35%	360	01-Mar-2006
511042712 1	316,000.00	316,000.00	01-Jun-2006	7.900%	CA - 80.00%	360	01-Mar-2006
511043899 1	481,200.00	478,332.59	01-Aug-2006	8.200%	CA - 79.95%	360	01-Apr-2006
521034012 1	240,000.00	239,233.04	01-Jun-2006	11.700%	MN - 74.95%	360	01-Mar-2006
551011485 1	116,424.00	115,875.19	01-Jun-2006	9.350%	TX - 79.96%	360	01-Apr-2006
551011691 1	76,400.00	76,039.84	01-Aug-2006	9.350%	TX - 79.96%	360	01-Apr-2006
561004609 1	66,400.00	66,102.15	01-Jun-2006	11.050%	FL - 79.88%	360	01-Jan-2006
561005075 1	260,000.00	258,799.45	01-Aug-2006	10.050%	FL - 64.94%	360	01-Mar-2006
581007241 1	531,250.00	529,696.01	01-Aug-2006	7.650%	CA - 84.97%	360	01-Apr-2006
581007241 1	531,250.00			7.650%	CA - 84.97%


Page 13 of 31

Soundview Home Loan Trust 2006-OPT2



Mortgage Pass-Through Certificates
Mortgage Pass-Through 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
621014546 1
621014546 1	190,400.00	189,506.94	01-Jul-2006	9.900%	FL - 79.93%	360	01-Mar-2006

651016746 1	195,500.00	194,889.84	01-Aug-2006	11.300%	VA - 84.97%	360	01-Apr-2006
671010501 1	210,925.00	209,130.81	01-Jul-2006	12.400%	CA - 64.65%	360	01-Mar-2006
831055472 1	304,000.00	304,000.00	01-Aug-2006	7.500%	NV - 77.95%	360	01-Jan-2006
831059492 1	282,600.00	280,546.37	01-Aug-2006	7.750%	NY - 89.87%	360	01-Mar-2006
841011474 1	212,000.00	211,263.32	01-Aug-2006	10.800%	MI - 79.97%	360	01-Apr-2006
851003004 1	264,000.00	262,793.56	01-Aug-2006	9.500%	NJ - 79.96%	360	01-Apr-2006
861001173 1	174,400.00	173,371.14	01-Jul-2006	8.250%	FL - 79.95%	360	01-Apr-2006
871003680 1	340,000.00	340,000.00	01-Aug-2006	8.350%	NJ - 85.00%	360	01-Apr-2006


TOTAL	10,342,348.00	10,293,087.66

Became Foreclosure Property in a Prior Period:
31040633 1	480,000.00	480,000.00	01-May-2006	8.500%	CA - 80.00%	360	01-Mar-2006
31041518 1	112,000.00	111,537.99	01-Jun-2006	9.990%	CO - 79.96%	360	01-Apr-2006
31041695 1	324,000.00	322,219.03	01-Jul-2006	8.600%	CA - 51.81%	360	01-Apr-2006
51061978 1	129,675.00	128,990.90	01-Jun-2006	10.250%	GA - 94.84%	360	01-Jan-2006
51061992 1	118,750.00	118,065.09	01-Jun-2006	10.250%	GA - 94.79%	360	01-Jan-2006
51063478 1	50,000.00	49,845.62	01-Jun-2006	11.350%	GA - 36.48%	360	01-Apr-2006
61063233 1	136,000.00	134,841.11	01-Jul-2006	7.900%	OH - 79.78%	360	01-Jan-2006
61063258 1	86,110.00	85,587.12	01-Jul-2006	9.590%	FL - 78.84%	360	01-Jan-2006
61063930 1	111,920.00	111,099.22	01-May-2006	8.200%	OH - 79.84%	360	01-Feb-2006
61064384 1	103,920.00	103,450.01	01-Jun-2006	9.550%	OH - 79.96%	360	01-Apr-2006
61064626 1	50,000.00	49,838.79	01-Jun-2006	11.150%	OH - 80.62%	360	01-Apr-2006
71071280 1	128,000.00	127,467.45	01-Jun-2006	9.950%	FL - 79.96%	360	01-Apr-2006
71071630 1	104,000.00	103,317.37	01-Jul-2006	7.100%	FL - 80.00%	360	01-May-2006
81060045 1	101,250.00	100,704.61	01-Sep-2006	10.150%	VA - 74.87%	360	01-Jan-2006
101053657 1	351,000.00	348,213.55	01-Jun-2006	7.300%	CA - 71.52%	360	01-Mar-2006
101053721 1	238,500.00	237,574.89	01-Oct-2006	10.800%	TX - 89.93%	360	01-Mar-2006
101053744 1	168,000.00	167,309.17	01-Jul-2006	10.600%	TX - 79.93%	360	01-Mar-2006
121045886 1	100,000.00	99,534.43	01-Jun-2006	9.600%	WI - 78.09%	360	01-Apr-2006
121045930 1	67,200.00	66,999.10	01-May-2006	11.500%	MN - 79.97%	360	01-Apr-2006
131037830 1	63,440.00	63,161.92	01-Jul-2006	9.700%	OH - 79.96%	360	01-Apr-2006
131038307 1	180,000.00	179,536.82	01-Aug-2006	8.100%	OH - 79.98%	360	01-Apr-2006
141052205 1	264,000.00	261,526.90	01-May-2006	7.500%	NY - 79.75%	360	01-Jan-2006
141052461 1	148,320.00	147,296.37	01-Jul-2006	8.950%	NY - 89.80%	360	01-Jan-2006
141052659 1	255,000.00	253,287.67	01-Jul-2006	7.600%	NY - 74.95%	360	01-Apr-2006
141052892 1	279,000.00	277,164.70	01-Jul-2006	9.150%	CT - 89.81%	360	01-Feb-2006
161047779 1	160,000.00	159,333.39	01-May-2006	9.950%	MA - 79.96%	360	01-Apr-2006
161047974 1	196,000.00	195,085.60	01-Jun-2006	9.400%	MA - 79.96%	360	01-Apr-2006
171029794 1	57,600.00	57,305.55	01-May-2006	10.400%	AZ - 79.87%	360	01-Jan-2006
171030912 1	244,000.00	243,113.25	01-May-2006	10.590%	AZ - 79.97%	360	01-Apr-2006
171031356 1	256,000.00	256,000.00	01-Jul-2006	8.700%	AZ - 80.00%	360	01-Apr-2006
211039443 1	89,700.00	89,469.85	01-Jun-2006	12.200%	VA - 64.98%	360	01-Apr-2006
211040061 1	360,000.00	358,388.69	01-Jun-2006	9.600%	NY - 89.96%	360	01-Apr-2006
211040867 1	139,000.00	138,220.31	01-Jun-2006	8.500%	VA - 63.14%	360	01-Apr-2006
231077181 1	90,000.00	89,637.23	01-Jun-2006	10.100%	NY - 74.97%	360	01-Apr-2006
231078358 1	260,000.00	258,748.78	01-Jun-2006	9.250%	MA - 79.96%	360	01-Apr-2006


Page 14 of 31

Soundview Home Loan Trust 2006-OPT2



Mortgage Pass-Through Certificates
Mortgage Pass-Through 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
231079212 1
231079212 1	173,920.00	172,944.49	01-May-2006	8.500%	RI - 79.95%	360	01-Apr-2006

261056057 1	108,000.00	107,710.51	01-May-2006	12.000%	FL - 74.46%	360	01-Apr-2006
261056420 1	174,400.00	173,793.96	01-Jul-2006	10.800%	NC - 79.97%	360	01-Apr-2006
271027152 1	289,600.00	289,009.19	01-May-2006	8.900%	WY - 79.98%	360	01-Apr-2006
271027171 1	183,600.00	182,679.30	01-Aug-2006	9.050%	CO - 84.95%	360	01-Apr-2006
291004201 1	325,000.00	324,175.71	01-Jun-2006	8.150%	NY - 69.87%	360	01-Apr-2006
291004362 1	253,500.00	252,935.45	01-May-2006	8.600%	FL - 83.37%	360	01-Apr-2006
301003927 1	257,250.00	256,010.18	01-May-2006	9.250%	OR - 74.96%	360	01-Apr-2006
321031107 1	288,000.00	287,276.51	01-Aug-2006	8.900%	CO - 89.94%	360	01-Feb-2006
321032274 1	261,250.00	259,839.98	01-Jun-2006	8.690%	CO - 94.94%	360	01-Apr-2006
331044106 1	307,600.00	306,819.77	01-Jul-2006	8.150%	NY - 79.98%	360	01-Apr-2006
331044270 1	248,000.00	246,848.31	01-Jul-2006	9.950%	NY - 79.93%	360	01-Mar-2006
331044735 1	222,800.00	221,668.92	01-Jul-2006	8.990%	CT - 79.96%	360	01-Apr-2006
341030536 1	223,200.00	223,200.00	01-Jun-2006	8.900%	MD - 80.00%	360	01-Apr-2006
351033458 1	101,200.00	100,635.80	01-Jul-2006	8.530%	TX - 79.95%	360	01-Apr-2006
351033701 1	220,000.00	218,908.11	01-Jul-2006	9.100%	TX - 79.96%	360	01-Apr-2006
351033929 1	143,920.00	143,018.43	01-Jun-2006	7.950%	TX - 79.95%	360	01-Apr-2006
361030174 1	56,550.00	56,375.36	01-Sep-2006	11.350%	MI - 64.98%	360	01-Apr-2006
371030926 1	62,400.00	62,147.69	01-Jun-2006	11.500%	FL - 78.88%	360	01-Jan-2006
371031735 1	185,000.00	184,357.09	01-Jun-2006	10.800%	FL - 52.84%	360	01-Apr-2006
371032097 1	1,530,000.00	1,526,592.65	01-Jun-2006	8.600%	FL - 89.98%	360	01-Apr-2006
391016876 1	211,375.00	210,381.43	01-May-2006	9.890%	TN - 94.91%	360	01-Mar-2006
391017099 1	222,275.00	221,310.21	01-Jul-2006	9.750%	LA - 84.96%	360	01-Apr-2006
401005167 1	135,000.00	134,657.37	01-May-2006	9.175%	CO - 99.92%	360	01-Jan-2006
401005697 1	116,000.00	115,617.01	01-Jul-2006	11.550%	WI - 79.95%	360	01-Mar-2006
401006558 1	60,375.00	60,101.37	01-May-2006	9.540%	TX - 86.21%	360	01-Apr-2006
401006590 1	250,000.00	250,000.00	01-May-2006	7.625%	CA - 76.69%	360	01-Apr-2006
401006702 1	159,200.00	158,778.41	01-May-2006	8.000%	ID - 79.98%	360	01-Apr-2006
401006840 1	798,000.00	794,039.35	01-Jun-2006	9.100%	CA - 94.95%	360	01-Apr-2006
511044436 1	276,000.00	274,355.34	01-Jul-2006	8.200%	CA - 79.95%	360	01-Apr-2006
521033821 1	159,600.00	158,866.94	01-May-2006	10.000%	IL - 94.92%	360	01-Mar-2006
521034269 1	54,625.00	54,466.93	01-Jul-2006	11.650%	MO - 94.15%	360	01-Apr-2006
521034512 1	96,000.00	95,664.63	01-Jun-2006	10.200%	IN - 80.00%	360	01-May-2006
521034702 1	74,100.00	73,895.45	01-Aug-2006	11.950%	MO - 94.97%	360	01-Apr-2006
521034861 1	96,800.00	96,314.28	01-May-2006	9.500%	MO - 77.40%	360	01-Apr-2006
551011399 1	64,000.00	63,809.89	01-Jun-2006	11.550%	OK - 99.97%	360	01-Apr-2006
551011479 1	109,908.00	109,333.80	01-Aug-2006	8.850%	TX - 79.95%	360	01-Apr-2006
581005274 1	324,000.00	321,239.24	01-Jun-2006	7.900%	CA - 79.78%	360	01-Jan-2006
581005669 1	409,600.00	407,459.79	01-May-2006	6.300%	NV - 79.89%	360	01-Feb-2006
581006320 1	750,602.00	750,602.00	01-May-2006	8.050%	CA - 80.00%	360	01-Apr-2006
581006731 1	647,200.00	645,021.20	01-May-2006	7.150%	CA - 79.97%	360	01-Apr-2006
581006771 1	208,000.00	207,067.93	01-Jul-2006	10.250%	CA - 53.28%	360	01-Apr-2006
581007010 1	513,600.00	512,151.61	01-May-2006	8.400%	CA - 79.98%	360	01-Apr-2006
611022020 1	251,200.00	250,411.51	01-May-2006	7.400%	FL - 79.97%	360	01-Apr-2006
621014866 1	225,000.00	224,023.93	01-Jul-2006	9.750%	FL - 89.96%	360	01-Apr-2006
631011815 1	540,000.00	536,339.76	01-Jul-2006	8.100%	CA - 89.88%	360	01-Mar-2006
641015009 1	63,700.00	63,508.87	01-May-2006	11.990%	TX - 64.96%	360	01-Mar-2006


Page 15 of 31

Soundview Home Loan Trust 2006-OPT2



Mortgage Pass-Through Certificates
Mortgage Pass-Through 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
641015629 1
641015629 1	95,200.00	94,782.70	01-Jul-2006	9.700%	TX - 79.96%	360	01-Apr-2006

641015843 1	70,400.00	70,113.23	01-Jul-2006	10.050%	TX - 79.96%	360	01-Apr-2006
641016071 1	52,000.00	51,822.10	01-May-2006	10.300%	TX - 80.00%	360	01-May-2006
641016120 1	281,888.00	279,333.57	01-Jul-2006	7.600%	TX - 79.94%	360	01-Apr-2006
641016442 1	57,000.00	56,820.97	01-Jul-2006	10.700%	TX - 100.00%	360	01-May-2006
651014086 1	390,400.00	387,727.29	01-Jun-2006	8.990%	MI - 79.82%	360	01-Jan-2006
651016011 1	65,075.00	64,874.13	01-May-2006	11.350%	MI - 94.97%	360	01-Apr-2006
651016019 1	52,250.00	52,050.03	01-Jun-2006	10.940%	MI - 94.93%	360	01-Mar-2006
651016347 1	980,000.00	978,125.75	01-Jul-2006	9.120%	MA - 73.12%	360	01-Apr-2006
651016384 1	138,750.00	138,233.25	01-Jul-2006	10.990%	MD - 74.95%	360	01-Mar-2006
651016823 1	173,600.00	172,781.08	01-Jun-2006	9.350%	NJ - 79.96%	360	01-Apr-2006
661014108 1	300,000.00	298,313.85	01-Jun-2006	8.490%	CA - 79.95%	360	01-Apr-2006
661014158 1	247,200.00	246,069.99	01-Jun-2006	9.500%	CA - 79.96%	360	01-Apr-2006
671011062 1	162,000.00	161,215.97	01-Jun-2006	9.750%	FL - 59.94%	360	01-Mar-2006
681010058 1	92,000.00	91,724.07	01-May-2006	12.450%	MA - 32.48%	360	01-Feb-2006
681010581 1	342,000.00	339,585.66	01-Jun-2006	8.390%	MA - 89.83%	360	01-Feb-2006
681010592 1	279,200.00	277,990.54	01-Jun-2006	10.750%	MA - 79.91%	360	01-Feb-2006
721009864 1	55,100.00	54,893.75	01-Jun-2006	10.450%	OK - 73.44%	360	01-Apr-2006
741014392 1	101,250.00	100,692.22	01-Jul-2006	10.890%	OH - 74.83%	360	01-Jan-2006
781006051 1	567,000.00	564,753.44	01-Jun-2006	10.700%	NY - 89.93%	360	01-Mar-2006
831051976 1	193,000.00	191,731.92	01-May-2006	9.600%	FL - 90.81%	360	01-Dec-2005
831052889 1	297,000.00	297,000.00	01-Oct-2006	7.500%	CA - 90.00%	360	01-Dec-2005
831053467 1	168,750.00	167,591.63	01-Aug-2006	9.800%	AZ - 74.82%	360	01-Dec-2005
831054306 1	394,400.00	394,400.00	01-May-2006	7.650%	NJ - 80.00%	360	01-Dec-2005
831057437 1	360,000.00	360,000.00	01-Jul-2006	7.500%	CA - 80.00%	360	01-Jan-2006
831057852 1	223,200.00	221,308.16	01-Jul-2006	8.750%	RI - 79.72%	360	01-Nov-2005
841010797 1	93,840.00	93,443.36	01-Jul-2006	7.910%	MI - 67.88%	360	01-Feb-2006
841010970 1	120,000.00	119,226.37	01-May-2006	8.350%	MI - 79.90%	360	01-Mar-2006
841011173 1	95,000.00	94,702.70	01-Jun-2006	11.300%	MI - 94.97%	360	01-Apr-2006
841011572 1	125,000.00	124,463.35	01-Aug-2006	9.800%	MI - 67.17%	360	01-Apr-2006
861000162 1	124,000.00	123,051.97	01-Jul-2006	10.350%	FL - 79.72%	360	01-Jan-2006
861000746 1	108,775.00	108,541.80	01-Jun-2006	8.890%	FL - 84.96%	360	01-Apr-2006
861000867 1	150,000.00	149,108.15	01-Jul-2006	8.750%	FL - 48.33%	360	01-Mar-2006
861001159 1	420,000.00	418,158.93	01-May-2006	9.700%	FL - 74.96%	360	01-Apr-2006


TOTAL	25,809,013.00	25,704,870.07


TOTAL	36,151,361.00	35,997,957.73
TOTAL


Page 16 of 31

Soundview Home Loan Trust 2006-OPT2

Mortgage Pass-Through Certificates

December 26, 2006 Distribution

Prepayment Report

VOLUNTARY PREPAYMENTS

Total

Current

Number of Paid in Full Loans

199

Number of Repurchased Loans

Total Number of Loans Prepaid in Full

199

Curtailments Amount

137,158.98

Paid in Full Balance

42,167,472.59

Repurchased Loans Balance

0.00

Total Prepayment Amount

42,304,631.57

Cumulative

Number of Paid in Full Loans

1,335

Number of Repurchased Loans

268

Total Number of Loans Prepaid in Full

1,603

Paid in Full Balance

292,671,762.47

Repurchased Loans Balance

51,230,649.28

Curtailments Amount

750,601.83

Total Prepayment Amount

344,653,013.58

Page 17 of 31

Soundview Home Loan Trust 2006-OPT2



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


VOLUNTARY PREPAYMENTS RATES



		Total





SMM	3.27%
3 Months Avg SMM	3.76%
12 Months Avg SMM	3.00%
Avg SMM Since Cut-off	3.00%



CPR	32.94%
3 Months Avg CPR	36.84%
12 Months Avg CPR	30.61%
Avg CPR Since Cut-off	30.61%



PSA	1,634.39%
3 Months Avg PSA Approximation	2,026.64%
12 Months Avg PSA Approximation	2,317.76%
Avg PSA Since Cut-off Approximation	2,317.76%

Page 18 of 31

Soundview Home Loan Trust 2006-OPT2

Mortgage Pass-Through 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 19 of 31

Soundview Home Loan Trust 2006-OPT2



Mortgage Pass-Through Certificates
Mortgage Pass-Through 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

31041080 1		371,000.00	368,981.32	08-Dec-2006	8.650%	CA - 94.77%	Paid Off - 360	01-Mar-2006
31041080 1		371,000.00	368,981.32	08-Dec-2006	8.650%	CA - 94.77%	Paid Off - 360	01-Mar-2006
31041249 1		350,000.00	350,000.00	29-Nov-2006	6.650%	CA - 70.00%	Paid Off - 360	01-Mar-2006
31041431 1		153,000.00	152,119.84	22-Nov-2006	8.375%	FL - 58.77%	Paid Off - 360	01-Mar-2006
41072714 1		100,764.00	100,448.25	16-Nov-2006	12.250%	IL - 79.91%	Paid Off - 360	01-Jan-2006
51063279 1		104,000.00	103,612.96	07-Dec-2006	9.900%	GA - 79.96%	Paid Off - 360	01-Apr-2006
51063384 1		143,000.00	142,510.92	21-Nov-2006	10.300%	FL - 56.72%	Paid Off - 360	01-Apr-2006
61063422 1		112,410.00	111,891.04	24-Nov-2006	10.450%	OH - 88.93%	Paid Off - 360	01-Jan-2006
61064876 1		72,000.00	71,720.12	28-Nov-2006	11.500%	PA - 79.97%	Paid Off - 360	01-Apr-2006
71071155 1		67,200.00	66,632.74	11-Dec-2006	8.990%	FL - 79.83%	Paid Off - 360	01-Mar-2006
81059627 1		75,000.00	74,487.39	13-Dec-2006	8.550%	VA - 74.82%	Paid Off - 360	01-Jan-2006
81060141 1		296,800.00	294,867.35	06-Dec-2006	8.790%	VA - 79.81%	Paid Off - 360	01-Jan-2006
101052189 1		95,000.00	94,617.54	29-Nov-2006	11.250%	TX - 55.80%	Paid Off - 360	01-Jan-2006
111000997 1		398,000.00	395,137.22	29-Nov-2006	7.250%	HI - 67.35%	Paid Off - 360	01-Mar-2006
111001220 1		253,500.00	252,745.16	13-Dec-2006	10.950%	HI - 64.98%	Paid Off - 360	01-Apr-2006
121044688 1		162,000.00	160,972.10	14-Dec-2006	9.300%	WI - 89.79%	Paid Off - 360	01-Jan-2006
121044756 1		164,000.00	163,287.83	29-Nov-2006	7.150%	WI - 79.88%	Paid Off - 360	01-Jan-2006
121045817 1		175,000.00	175,000.00	17-Nov-2006	10.250%	IA - 100.00%	Paid Off - 360	01-Apr-2006
121046158 1		66,400.00	66,239.10	06-Dec-2006	11.900%	WI - 79.98%	Paid Off - 360	01-Apr-2006
131036939 1		220,500.00	219,121.46	04-Dec-2006	8.990%	KY - 89.80%	Paid Off - 360	01-Jan-2006
141052157 1		219,920.00	218,138.93	11-Dec-2006	7.700%	MA - 79.77%	Paid Off - 360	01-Jan-2006
141052240 1		136,800.00	135,601.74	24-Nov-2006	7.300%	CT - 79.75%	Paid Off - 360	01-Jan-2006
141052873 1		196,000.00	195,919.37	22-Nov-2006	8.200%	MA - 80.00%	Paid Off - 360	01-Apr-2006
141052876 1		49,000.00	48,855.64	22-Nov-2006	11.000%	MA - 99.99%	Paid Off - 360	01-Apr-2006
141053260 1		196,000.00	195,519.82	05-Dec-2006	11.850%	CT - 79.98%	Paid Off - 360	01-Apr-2006
141053330 1		255,500.00	253,670.21	29-Nov-2006	6.650%	NY - 69.94%	Paid Off - 360	01-Apr-2006
161046505 1		330,300.00	328,381.93	06-Dec-2006	9.350%	MA - 89.82%	Paid Off - 360	01-Jan-2006
161047550 1		255,750.00	255,066.38	01-Dec-2006	11.450%	MA - 74.98%	Paid Off - 360	01-Apr-2006
161047638 1		406,000.00	403,468.20	24-Nov-2006	7.990%	MA - 75.08%	Paid Off - 360	01-Mar-2006
161047721 1		97,500.00	97,209.72	28-Nov-2006	10.950%	MA - 99.99%	Paid Off - 360	01-Apr-2006
161047989 1		55,200.00	55,028.46	06-Dec-2006	10.750%	MA - 99.99%	Paid Off - 360	01-Apr-2006
161048065 1		271,200.00	267,625.19	16-Nov-2006	8.450%	MA - 80.00%	Paid Off - 360	01-Apr-2006
161048066 1		67,800.00	66,914.73	16-Nov-2006	12.125%	MA - 99.99%	Paid Off - 360	01-Apr-2006
171031129 1		164,000.00	162,909.48	22-Nov-2006	7.100%	NV - 68.85%	Paid Off - 360	01-Apr-2006
191027997 1		140,008.00	138,826.80	07-Dec-2006	7.950%	WA - 63.42%	Paid Off - 360	01-Dec-2005
211037250 1		206,523.00	206,229.22	11-Dec-2006	7.950%	GA - 89.96%	Paid Off - 360	01-Dec-2005
211037909 1		155,000.00	153,714.33	29-Nov-2006	8.750%	MD - 50.45%	Paid Off - 360	01-Jan-2006
211038062 1		128,560.00	127,716.09	29-Nov-2006	8.750%	GA - 79.81%	Paid Off - 360	01-Jan-2006
211038187 1		102,500.00	101,756.15	22-Nov-2006	8.550%	GA - 53.07%	Paid Off - 360	01-Jan-2006
211038983 1		50,000.00	49,793.32	28-Nov-2006	10.550%	IA - 66.58%	Paid Off - 360	27-Jan-2006
211040281 1		155,100.00	154,510.57	01-Dec-2006	9.800%	FL - 79.96%	Paid Off - 360	01-Apr-2006


Page 20 of 31

Soundview Home Loan Trust 2006-OPT2



Mortgage Pass-Through Certificates
Mortgage Pass-Through 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

211040826 1		89,600.00	89,351.70	22-Nov-2006	11.300%	VA - 79.97%	Paid Off - 360	01-Apr-2006
211040826 1		89,600.00	89,351.70	22-Nov-2006	11.300%	VA - 79.97%	Paid Off - 360	01-Apr-2006
211041284 1		24,300.00	24,205.75	20-Nov-2006	9.750%	NC - 100.00%	Paid Off - 360	01-May-2006
211041573 1		55,000.00	54,837.97	04-Dec-2006	11.000%	GA - 99.99%	Paid Off - 360	01-Apr-2006
231074699 1		123,250.00	122,591.12	01-Dec-2006	9.750%	NY - 84.84%	Paid Off - 360	01-Jan-2006
231076315 1		231,200.00	229,382.23	01-Dec-2006	7.850%	VT - 79.78%	Paid Off - 360	01-Jan-2006
231076699 1		103,500.00	103,051.33	20-Nov-2006	10.750%	NJ - 89.86%	Paid Off - 360	01-Jan-2006
231077096 1		231,920.00	230,164.30	04-Dec-2006	8.200%	MA - 79.77%	Paid Off - 360	01-Jan-2006
231078512 1		420,000.00	419,000.58	05-Dec-2006	7.950%	NJ - 64.60%	Paid Off - 360	01-Apr-2006
231078891 1		140,000.00	139,515.58	12-Dec-2006	10.250%	PA - 69.97%	Paid Off - 360	01-Apr-2006
231078922 1		200,000.00	199,536.18	22-Nov-2006	12.100%	NY - 44.16%	Paid Off - 360	01-Apr-2006
231079006 1		195,000.00	194,079.20	13-Dec-2006	8.750%	MA - 64.96%	Paid Off - 360	01-Apr-2006
231079019 1		315,200.00	313,726.48	16-Nov-2006	8.800%	MA - 79.95%	Paid Off - 360	01-Apr-2006
231079053 1		198,000.00	197,397.68	12-Dec-2006	10.850%	NJ - 89.97%	Paid Off - 360	01-Apr-2006
231079378 1		30,400.00	30,329.85	20-Nov-2006	12.125%	MA - 99.99%	Paid Off - 360	01-Apr-2006
261055180 1		77,025.00	74,843.33	14-Dec-2006	11.400%	AL - 64.30%	Paid Off - 180	01-Jan-2006
261056242 1		71,200.00	70,947.26	04-Dec-2006	10.125%	NC - 79.97%	Paid Off - 360	01-Apr-2006
271025707 1		270,000.00	267,727.64	30-Nov-2006	7.600%	NY - 84.11%	Paid Off - 360	01-Jan-2006
271026149 1	FCL	148,000.00	147,480.18	14-Dec-2006	10.750%	TX - 79.94%	Paid Off - 360	01-Mar-2006
291002716 1		196,000.00	195,037.14	15-Dec-2006	6.650%	FL - 64.15%	Paid Off - 360	01-Jan-2006
291002873 1		133,000.00	131,984.89	30-Nov-2006	8.000%	FL - 63.16%	Paid Off - 360	01-Jan-2006
291004285 1		122,400.00	121,664.47	15-Dec-2006	7.550%	VA - 66.84%	Paid Off - 360	01-Apr-2006
311028805 1		286,000.00	284,197.36	21-Nov-2006	8.950%	NJ - 78.94%	Paid Off - 360	01-Jan-2006
311029118 1		675,000.00	668,053.39	29-Nov-2006	7.550%	NJ - 89.62%	Paid Off - 360	01-Dec-2005
311029246 1		52,500.00	52,260.19	05-Dec-2006	10.500%	PA - 74.88%	Paid Off - 360	01-Jan-2006
311029997 1		207,000.00	206,127.08	13-Dec-2006	9.300%	NJ - 79.57%	Paid Off - 360	01-Apr-2006
311030002 1		77,001.00	76,662.55	29-Nov-2006	9.100%	NJ - 54.97%	Paid Off - 360	01-Apr-2006
321032375 1		132,000.00	131,711.84	29-Nov-2006	8.250%	CO - 79.98%	Paid Off - 360	01-Apr-2006
331042104 1		270,000.00	268,093.81	15-Dec-2006	8.500%	NY - 57.67%	Paid Off - 360	01-Jan-2006
331043594 1		208,125.00	207,329.14	05-Dec-2006	10.350%	NY - 89.93%	Paid Off - 360	01-Mar-2006
331043978 1		177,500.00	176,799.37	13-Dec-2006	10.200%	NY - 34.44%	Paid Off - 360	01-Mar-2006
331044365 1		100,000.00	99,621.64	24-Nov-2006	10.400%	NY - 55.51%	Paid Off - 360	01-Mar-2006
331044496 1		400,000.00	397,514.10	22-Nov-2006	7.990%	NY - 79.89%	Paid Off - 360	01-Mar-2006
331044533 1		170,000.00	169,235.73	12-Dec-2006	8.990%	MA - 43.90%	Paid Off - 360	01-Apr-2006
331045252 1		316,000.00	314,324.26	05-Dec-2006	8.900%	NJ - 79.96%	Paid Off - 360	01-Apr-2006
341028891 1		117,800.00	117,155.71	29-Nov-2006	9.650%	NC - 94.82%	Paid Off - 360	01-Jan-2006
341029180 1		124,200.00	123,634.16	28-Nov-2006	11.500%	NC - 89.81%	Paid Off - 360	01-Jan-2006
341029290 1		99,920.00	99,509.64	05-Dec-2006	11.000%	NC - 79.88%	Paid Off - 360	01-Jan-2006
341030329 1		86,000.00	891.75	06-Dec-2006	12.075%	SC - 99.99%	Paid Off - 360	01-Mar-2006
341030371 1		119,600.00	119,207.13	12-Dec-2006	10.490%	NC - 64.97%	Paid Off - 360	01-Apr-2006
341030605 1		172,800.00	172,289.87	29-Nov-2006	10.990%	NC - 79.97%	Paid Off - 360	01-Apr-2006
341030774 1		66,000.00	65,781.30	28-Nov-2006	10.450%	SC - 87.96%	Paid Off - 360	01-Apr-2006
351031968 1		63,750.00	63,517.42	01-Dec-2006	11.550%	TX - 74.90%	Paid Off - 360	01-Jan-2006
351031968 1			63,517.42		11.550%	TX - 74.90%	Paid Off - 360

Page 21 of 31

Soundview Home Loan Trust 2006-OPT2



Mortgage Pass-Through Certificates
Mortgage Pass-Through 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

361030048 1		233,750.00	232,657.44	29-Nov-2006	8.800%	MI - 84.95%	Paid Off - 360	01-Apr-2006
361030048 1		233,750.00	232,657.44	29-Nov-2006	8.800%	MI - 84.95%	Paid Off - 360	01-Apr-2006
371031844 1		110,500.00	110,125.99	06-Dec-2006	10.350%	FL - 84.97%	Paid Off - 360	01-Apr-2006
371031855 1		171,000.00	170,078.87	21-Nov-2006	8.700%	FL - 94.89%	Paid Off - 360	01-Mar-2006
371031976 1		127,120.00	127,120.00	29-Nov-2006	8.990%	FL - 80.00%	Paid Off - 360	01-Apr-2006
371031977 1		31,780.00	31,680.13	29-Nov-2006	10.700%	FL - 99.99%	Paid Off - 360	01-Apr-2006
371032400 1		188,500.00	187,494.91	04-Dec-2006	8.150%	FL - 64.51%	Paid Off - 360	01-Apr-2006
371032412 1		263,500.00	262,488.11	24-Nov-2006	9.750%	FL - 84.96%	Paid Off - 360	01-Apr-2006
381025586 1		384,750.00	379,440.82	17-Nov-2006	8.300%	RI - 94.69%	Paid Off - 360	01-Jan-2006
381025873 1		455,600.00	450,764.86	13-Dec-2006	6.300%	MA - 74.53%	Paid Off - 360	01-Jan-2006
381025931 1		170,000.00	168,895.26	05-Dec-2006	8.800%	RI - 52.35%	Paid Off - 360	01-Jan-2006
381026039 1		154,000.00	152,765.07	06-Dec-2006	7.750%	CT - 76.78%	Paid Off - 360	01-Jan-2006
381026563 1		134,500.00	134,098.01	06-Dec-2006	11.500%	MA - 71.44%	Paid Off - 360	01-Mar-2006
401005571 1		136,000.00	134,887.65	29-Nov-2006	7.650%	MA - 57.70%	Paid Off - 360	01-Jan-2006
401005618 1		189,000.00	187,528.63	08-Dec-2006	7.900%	PA - 89.75%	Paid Off - 360	01-Jan-2006
401005645 1		115,000.00	111,747.16	04-Dec-2006	9.750%	NY - 59.92%	Paid Off - 180	01-Jan-2006
401005649 1		271,000.00	269,253.25	04-Dec-2006	8.840%	NY - 53.02%	Paid Off - 360	01-Jan-2006
511041702 1		270,027.05	269,286.71	27-Nov-2006	8.600%	NV - 94.91%	Paid Off - 360	01-Jan-2006
511043491 1		420,000.00	420,000.00	28-Nov-2006	7.950%	CA - 80.00%	Paid Off - 360	01-Mar-2006
511043760 1		75,000.00	74,680.87	21-Nov-2006	9.850%	CA - 76.46%	Paid Off - 360	01-Mar-2006
511043930 1		600,000.00	598,018.63	08-Dec-2006	6.800%	CA - 79.97%	Paid Off - 360	01-Apr-2006
511043932 1		150,000.00	149,524.40	08-Dec-2006	10.950%	CA - 99.99%	Paid Off - 360	01-Apr-2006
511044008 1		197,000.00	196,438.14	21-Nov-2006	11.150%	CA - 40.19%	Paid Off - 360	01-Apr-2006
511044068 1		130,000.00	129,162.62	29-Nov-2006	7.200%	CA - 35.59%	Paid Off - 360	01-Apr-2006
511044515 1		165,000.00	164,109.47	08-Dec-2006	8.100%	CA - 74.95%	Paid Off - 360	01-Apr-2006
511044746 1		434,000.00	432,249.34	29-Nov-2006	6.050%	CA - 79.96%	Paid Off - 360	01-Apr-2006
521031104 1		226,812.00	225,039.72	06-Dec-2006	8.200%	OH - 79.76%	Paid Off - 360	01-Jan-2006
521032987 1		220,000.00	218,890.05	20-Nov-2006	8.790%	IL - 51.73%	Paid Off - 360	01-Apr-2006
521033064 1		130,000.00	129,556.67	24-Nov-2006	11.400%	IL - 64.94%	Paid Off - 360	01-Feb-2006
521033736 1		204,800.00	203,971.42	12-Dec-2006	9.500%	IL - 79.96%	Paid Off - 360	01-Apr-2006
521033762 1		81,000.00	80,516.07	28-Nov-2006	10.100%	IL - 32.35%	Paid Off - 360	01-Mar-2006
521034289 1		76,800.00	76,534.48	27-Nov-2006	10.250%	MO - 79.97%	Paid Off - 360	01-Apr-2006
521034366 1		113,000.00	112,513.52	21-Nov-2006	9.200%	IL - 83.66%	Paid Off - 360	01-Apr-2006
521034887 1		124,000.00	122,923.54	13-Dec-2006	9.650%	OH - 79.96%	Paid Off - 360	01-Apr-2006
521035102 1		89,600.00	89,296.28	28-Nov-2006	10.350%	MO - 79.97%	Paid Off - 360	01-Apr-2006
521035481 1		94,400.00	93,876.05	20-Nov-2006	7.950%	IN - 79.95%	Paid Off - 360	01-Apr-2006
561005424 1		160,000.00	159,216.60	07-Dec-2006	8.575%	FL - 79.95%	Paid Off - 360	01-Apr-2006
581004769 1		300,000.00	297,570.38	05-Dec-2006	7.700%	FL - 66.47%	Paid Off - 360	01-Jan-2006
581005042 1		328,000.00	328,000.00	15-Dec-2006	7.200%	CA - 80.00%	Paid Off - 360	01-Jan-2006
581005152 1		335,000.00	333,397.79	30-Nov-2006	10.850%	CA - 61.35%	Paid Off - 360	01-Jan-2006
581006398 1		126,000.00	125,249.19	04-Dec-2006	8.200%	CA - 89.88%	Paid Off - 360	01-Mar-2006
581006813 1		724,000.00	720,475.32	07-Dec-2006	8.600%	NV - 79.95%	Paid Off - 360	01-Apr-2006
581006871 1		254,100.00	253,732.40	24-Nov-2006	9.650%	CA - 76.99%	Paid Off - 360	01-Apr-2006
581006871 1			253,732.40		9.650%	CA - 76.99%	Paid Off - 360

Page 22 of 31

Soundview Home Loan Trust 2006-OPT2



Mortgage Pass-Through Certificates
Mortgage Pass-Through 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

581006930 1		247,000.00	245,346.80	15-Dec-2006	7.000%	CA - 46.13%	Paid Off - 360	01-Apr-2006
581006930 1		247,000.00	245,346.80	15-Dec-2006	7.000%	CA - 46.13%	Paid Off - 360	01-Apr-2006
581007022 1		292,500.00	291,201.20	04-Dec-2006	9.050%	CA - 77.96%	Paid Off - 360	01-Apr-2006
611019284 1		595,000.00	590,501.95	07-Dec-2006	8.500%	NJ - 64.76%	Paid Off - 360	01-Dec-2005
611020666 1		320,000.00	316,473.63	06-Dec-2006	6.100%	NY - 77.74%	Paid Off - 360	01-Jan-2006
611021938 1		171,000.00	170,504.62	11-Dec-2006	11.200%	NY - 36.37%	Paid Off - 360	01-Apr-2006
621012077 1		212,400.00	211,299.45	16-Nov-2006	9.900%	FL - 89.84%	Paid Off - 360	01-Jan-2006
621013267 1		60,006.00	59,646.95	29-Nov-2006	9.350%	FL - 32.72%	Paid Off - 360	01-Jan-2006
621014382 1		75,000.00	74,926.85	22-Nov-2006	10.950%	FL - 99.99%	Paid Off - 360	01-Apr-2006
621014542 1		105,000.00	104,783.64	30-Nov-2006	8.450%	FL - 69.06%	Paid Off - 360	01-Apr-2006
621015019 1		280,500.00	279,279.82	14-Dec-2006	9.150%	FL - 84.19%	Paid Off - 360	01-Apr-2006
631011838 1		234,600.00	233,810.55	27-Nov-2006	7.240%	CA - 67.75%	Paid Off - 360	01-Apr-2006
631012053 1		484,500.00	483,279.41	20-Nov-2006	7.750%	CA - 84.97%	Paid Off - 360	01-Apr-2006
651012993 1		118,000.00	117,600.85	16-Nov-2006	11.900%	FL - 57.49%	Paid Off - 360	01-Jan-2006
651015730 1		65,000.00	64,726.93	06-Dec-2006	10.550%	OH - 76.45%	Paid Off - 360	01-Apr-2006
651016089 1		97,500.00	97,214.72	04-Dec-2006	11.600%	FL - 74.95%	Paid Off - 360	01-Mar-2006
651016677 1		162,000.00	161,323.86	28-Nov-2006	9.350%	WI - 99.95%	Paid Off - 360	01-Apr-2006
661011438 1		335,200.00	331,417.73	29-Nov-2006	6.450%	CA - 76.70%	Paid Off - 360	01-Dec-2005
661013587 1		355,000.00	353,273.99	29-Nov-2006	9.200%	CA - 73.88%	Paid Off - 360	01-Mar-2006
661013777 1		50,000.00	49,877.52	16-Nov-2006	11.850%	CA - 82.23%	Paid Off - 360	01-Apr-2006
661014205 1		900,000.00	897,264.55	14-Dec-2006	7.850%	CA - 79.98%	Paid Off - 360	01-Apr-2006
671008585 1		304,000.00	304,000.00	22-Nov-2006	8.200%	CA - 80.00%	Paid Off - 360	01-Dec-2005
671009225 1		340,000.00	340,000.00	12-Dec-2006	7.500%	FL - 80.00%	Paid Off - 360	01-Jan-2006
671010458 1		675,000.00	672,986.18	28-Nov-2006	7.150%	CA - 74.97%	Paid Off - 360	01-Apr-2006
671010614 1		117,900.00	117,290.07	30-Nov-2006	8.300%	CA - 44.97%	Paid Off - 360	01-Apr-2006
671010652 1		595,000.00	593,123.18	07-Dec-2006	6.950%	CA - 82.61%	Paid Off - 360	01-Apr-2006
671010674 1		149,600.00	149,177.90	06-Dec-2006	11.200%	ID - 84.97%	Paid Off - 360	01-Apr-2006
671010822 1		419,000.00	417,035.61	30-Nov-2006	8.900%	CA - 64.03%	Paid Off - 360	01-Apr-2006
681009786 1		219,000.00	217,945.56	06-Dec-2006	10.250%	ME - 49.92%	Paid Off - 360	01-Jan-2006
681010405 1		273,000.00	273,000.00	22-Nov-2006	8.340%	ME - 69.11%	Paid Off - 360	01-Mar-2006
681011057 1		179,000.00	178,093.36	04-Dec-2006	8.650%	MA - 84.78%	Paid Off - 360	01-Apr-2006
681011100 1		185,000.00	185,000.00	29-Nov-2006	9.300%	ME - 100.00%	Paid Off - 360	01-Apr-2006
681011233 1		149,000.00	148,465.99	14-Dec-2006	10.100%	ME - 74.65%	Paid Off - 360	01-Apr-2006
681011257 1		222,000.00	220,692.14	04-Dec-2006	7.650%	MA - 73.95%	Paid Off - 360	01-Apr-2006
681011260 1		336,000.00	334,115.34	07-Dec-2006	8.300%	MA - 64.57%	Paid Off - 360	01-Apr-2006
681011333 1		522,780.00	519,512.34	28-Nov-2006	7.350%	ME - 84.94%	Paid Off - 360	01-Apr-2006
691006226 1		311,250.00	309,206.68	20-Nov-2006	8.750%	MD - 74.83%	Paid Off - 360	01-Jan-2006
691006533 1		80,000.00	79,695.56	17-Nov-2006	10.890%	DC - 74.05%	Paid Off - 360	01-Feb-2006
691007085 1		191,550.00	189,983.34	22-Nov-2006	7.650%	MD - 74.78%	Paid Off - 360	01-Jan-2006
691007508 1		180,527.00	180,112.92	16-Nov-2006	12.150%	DE - 74.98%	Paid Off - 360	01-Apr-2006
701002993 1		142,000.00	141,634.64	14-Dec-2006	8.100%	CA - 26.58%	Paid Off - 360	01-Mar-2006
711008814 1		419,200.00	416,810.54	04-Dec-2006	9.440%	CT - 79.84%	Paid Off - 360	01-Jan-2006
711009174 1		172,500.00	171,367.59	17-Nov-2006	8.750%	VT - 74.83%	Paid Off - 360	01-Jan-2006
711009174 1			171,367.59		8.750%	VT - 74.83%	Paid Off - 360

Page 23 of 31

Soundview Home Loan Trust 2006-OPT2



Mortgage Pass-Through Certificates
Mortgage Pass-Through 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

711009827 1		70,000.00	69,721.36	21-Nov-2006	9.940%	NY - 45.42%	Paid Off - 360	01-Apr-2006
711009827 1		70,000.00	69,721.36	21-Nov-2006	9.940%	NY - 45.42%	Paid Off - 360	01-Apr-2006
711009877 1		164,000.00	163,116.70	07-Dec-2006	8.100%	CT - 79.95%	Paid Off - 360	01-Apr-2006
721009871 1		175,000.00	174,037.87	29-Nov-2006	8.300%	AZ - 68.58%	Paid Off - 360	01-Apr-2006
731013230 1		136,500.00	135,893.93	08-Dec-2006	10.650%	NC - 69.89%	Paid Off - 360	01-Jan-2006
731014537 1		50,000.00	49,772.65	17-Nov-2006	10.300%	TN - 76.89%	Paid Off - 360	01-Apr-2006
781005680 1		98,400.00	97,892.08	21-Nov-2006	9.440%	MI - 79.88%	Paid Off - 360	01-Feb-2006
831052890 1		304,000.00	304,000.00	15-Dec-2006	6.990%	CA - 80.00%	Paid Off - 360	01-Dec-2005
831052906 1		565,200.00	559,205.19	07-Dec-2006	6.775%	CA - 94.58%	Paid Off - 360	01-Dec-2005
831053070 1		112,000.00	111,209.22	20-Nov-2006	9.250%	PA - 79.75%	Paid Off - 360	01-Nov-2005
831053488 1		320,000.00	317,164.09	30-Nov-2006	7.240%	CA - 60.76%	Paid Off - 360	01-Jan-2006
831054516 1		233,000.00	229,170.83	11-Dec-2006	9.990%	NY - 73.12%	Paid Off - 360	01-Jan-2006
831054544 1		217,000.00	215,135.95	06-Dec-2006	7.400%	NJ - 55.47%	Paid Off - 360	01-Jan-2006
831054714 1		150,000.00	149,044.57	21-Nov-2006	8.900%	NJ - 57.56%	Paid Off - 360	01-Jan-2006
831055612 1		246,500.00	243,774.07	08-Dec-2006	6.990%	MA - 84.57%	Paid Off - 360	01-Nov-2005
831057300 1		323,000.00	320,279.21	29-Nov-2006	7.500%	NJ - 84.75%	Paid Off - 360	01-Jan-2006
831059612 1		248,000.00	248,000.00	01-Dec-2006	7.750%	CA - 80.00%	Paid Off - 360	01-Mar-2006
841011488 1		297,500.00	295,832.28	14-Dec-2006	7.900%	MI - 57.12%	Paid Off - 360	01-Apr-2006
841011495 1		345,000.00	344,188.35	11-Dec-2006	7.990%	MI - 74.98%	Paid Off - 360	01-Apr-2006
841011749 1		140,000.00	139,268.42	24-Nov-2006	8.250%	MI - 79.95%	Paid Off - 360	01-Apr-2006
851002402 1		357,000.00	355,036.06	07-Dec-2006	10.050%	NY - 61.41%	Paid Off - 360	01-Dec-2005
851002477 1		260,000.00	258,708.09	30-Nov-2006	10.100%	NY - 77.48%	Paid Off - 360	01-Jan-2006
851002546 1		210,000.00	208,428.92	22-Nov-2006	8.100%	NJ - 52.36%	Paid Off - 360	01-Jan-2006
851002589 1		206,000.00	205,059.03	17-Nov-2006	10.500%	NJ - 69.02%	Paid Off - 360	01-Jan-2006
851002603 1		382,500.00	379,609.77	20-Nov-2006	8.050%	NJ - 84.77%	Paid Off - 360	01-Jan-2006
861000252 1		126,880.00	126,423.22	20-Nov-2006	7.650%	FL - 79.89%	Paid Off - 360	01-Jan-2006
861000308 1		105,000.00	104,557.34	20-Nov-2006	10.900%	FL - 74.89%	Paid Off - 360	01-Jan-2006
861000933 1		180,000.00	178,969.65	29-Nov-2006	8.400%	FL - 51.22%	Paid Off - 360	01-Mar-2006
871003203 1		102,400.00	101,879.29	14-Dec-2006	9.990%	NJ - 79.86%	Paid Off - 360	01-Jan-2006
871003216 1		310,000.00	310,000.00	30-Nov-2006	7.700%	NJ - 84.01%	Paid Off - 360	01-Jan-2006
871003860 1		280,500.00	279,483.67	29-Nov-2006	10.490%	NJ - 74.97%	Paid Off - 360	01-Apr-2006
871003969 1		272,000.00	271,180.39	05-Dec-2006	7.400%	NJ - 82.51%	Paid Off - 360	01-Apr-2006
871004022 1		270,000.00	269,626.50	13-Dec-2006	9.800%	FL - 74.99%	Paid Off - 360	01-Apr-2006
871004096 1		393,750.00	391,523.19	13-Dec-2006	7.950%	NJ - 75.38%	Paid Off - 360	01-Apr-2006


TOTAL	42,473,608.05	42,167,472.59

Page 24 of 31

Soundview Home Loan Trust 2006-OPT2

Mortgage Pass-Through Certificates

December 26, 2006 Distribution

Realized Loss Report

COLLATERAL REALIZED LOSSES

Total

Current

Subsequent Recoveries

0.00

Number of Loans Liquidated

Collateral Principal Realized Loss/(Gain) Amount

0.00

Collateral Interest Realized Loss/(Gain) Amount

0.00

Net Liquidation Proceeds

0.00

Cumulative

Number of Loans Liquidated

Collateral Realized Loss/(Gain) Amount

115,949.54

Net Liquidation Proceeds

433,398.14

Cumulative Subsequent Recoveries

2,847.81

Page 25 of 31

Soundview Home Loan Trust 2006-OPT2



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


DEFAULT SPEEDS

								Total



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


CDR								0.00%
3 Months Avg CDR								0.11%
12 Months Avg CDR								0.06%
Avg CDR Since Cut-off								0.06%


SDA								0.00%
3 Months Avg SDA Approximation								0.61%
12 Months Avg SDA Approximation								0.44%
Avg SDA Since Cut-off Approximation								0.44%


Loss Severity Approximation for Current Period								0.00%
3 Months Avg Loss Severity Approximation								7.03%
12 Months Avg Loss Severity Approximation								20.91%
Avg Loss Severity Approximation Since Cut-off								20.91%

Page 26 of 31

Soundview Home Loan Trust 2006-OPT2

Mortgage Pass-Through 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 27 of 31

Soundview Home Loan Trust 2006-OPT2

Mortgage Pass-Through 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)

TOTAL

Page 28 of 31

Soundview Home Loan Trust 2006-OPT2

Mortgage Pass-Through Certificates

December 26, 2006 Distribution

Triggers and Adj. Cert. Report

TRIGGER EVENTS

Total

Trigger Event in effect

Stepdown Date has occurred

Credit Enhancement Percentage (Step Down)

26.7612%

Delinquency Percentage

5.9271%

Realized Loss Percentage

0.0093%

Ending Balance

1,249,570,769.61

Senior Credit Enhancement Percentage

25.8731%

ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK

ADDITIONAL INFORMATION

Total

LIBOR Rate Determination Date

11/22/2006

Libor For Current Period

5.32000%

NEXT LIBOR Rate Determination Date

12/21/2006

Libor For Next Period

5.35000%

Servicer Prepayment Charge Payment Amount

0.00

Page 29 of 31

Soundview Home Loan Trust 2006-OPT2



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

Additional Certificate Report

ADDITIONAL CERTIFICATE REPORT

		Next Pass Through Rate	NET WAC Shortfall CarryOver	NET WAC Shortfall Paid
CLASS

	A-1	5.42%	$0.00	$0.00
		5.42%	$0.00	$0.00
	A-2	5.47%	$0.00	$0.00
		5.47%	$0.00	$0.00
	A-3	5.53%	$0.00	$0.00
		5.53%	$0.00	$0.00
	A-4	5.63%	$0.00	$0.00
		5.63%	$0.00	$0.00
	M-1	5.65%	$0.00	$0.00
		5.65%	$0.00	$0.00
	M-2	5.72%	$0.00	$0.00
		5.72%	$0.00	$0.00
	M-3	5.82%	$0.00	$0.00
		5.82%	$0.00	$0.00
	M-4	5.84%	$0.00	$0.00
		5.84%	$0.00	$0.00
	M-5	5.90%	$0.00	$0.00
		5.90%	$0.00	$0.00
	M-6	6.35%	$0.00	$0.00
		6.35%	$0.00	$0.00
	M-7	6.55%	$0.00	$0.00
		6.55%	$0.00	$0.00
	M-8	7.50%	$0.00	$0.00
		7.50%	$0.00	$0.00
	M-9	7.85%	$0.00	$0.00
		7.85%	$0.00	$0.00
	M-10	7.85%	$0.00	$0.00
		7.85%	$0.00	$0.00
	M-11	5.00%	$0.00	$0.00
		5.00%	$0.00	$0.00
	C	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
	R	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




Page 30 of 31

Soundview Home Loan Trust 2006-OPT2

Mortgage Pass-Through Certificates

December 26, 2006 Distribution

Other Related Information

ADDITIONAL INFORMATION

SPACE INTENTIONALLY LEFT BLANK

Page 31 of 31

Soundview Home Loan Trust 2006-OPT2 10-D