Soundview 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

Litton Loan Servicing

4. Collateral Report

5. Delinquency Report

Underwriter(s)

6. REO Report

Greenwich Capital Markets

7. Foreclosure Report

8. Prepayment Report

9. Prepayment Detail Report

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:

January 01, 2006

Aaron Masters

Close Date:

February 16, 2006

Administrator

First Distribution Date:

February 27, 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 15, 2006

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

Page 1 of 28

Soundview Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 26, 2006 Distribution

Certificate Payment Report
Current Period Distribution - Master Remic
				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	STEP	$	237,630,000.00	72,545,067.75	314,986.65	20,828,089.40	21,143,076.05	0.00	0.00	51,716,978.35
A-1	STEP	$	237,630,000.00	72,545,067.75	314,986.65	20,828,089.40	21,143,076.05	0.00	0.00	51,716,978.35
A-2	STEP	$	124,720,000.00	124,720,000.00	548,560.13	0.00	548,560.13	0.00	0.00	124,720,000.00
A-3	STEP	$	166,490,000.00	166,490,000.00	738,984.36	0.00	738,984.36	0.00	0.00	166,490,000.00
A-4	STEP	$	45,076,000.00	45,076,000.00	204,069.07	0.00	204,069.07	0.00	0.00	45,076,000.00
A-5	STEP	$	35,460,000.00	35,460,000.00	160,820.95	0.00	160,820.95	0.00	0.00	35,460,000.00
M-1	SUB	$	23,512,000.00	23,512,000.00	108,527.47	0.00	108,527.47	0.00	0.00	23,512,000.00
M-2	SUB	$	14,647,000.00	14,647,000.00	67,962.08	0.00	67,962.08	0.00	0.00	14,647,000.00
M-3	SUB	$	17,730,000.00	17,730,000.00	83,838.28	0.00	83,838.28	0.00	0.00	17,730,000.00
M-4	SUB	$	15,032,000.00	15,032,000.00	71,564.85	0.00	71,564.85	0.00	0.00	15,032,000.00
M-5	SUB	$	13,490,000.00	13,490,000.00	65,419.01	0.00	65,419.01	0.00	0.00	13,490,000.00
M-6	SUB	$	11,949,000.00	11,949,000.00	63,240.08	0.00	63,240.08	0.00	0.00	11,949,000.00
M-7	SUB	$	10,792,000.00	10,792,000.00	59,290.05	0.00	59,290.05	0.00	0.00	10,792,000.00
M-8	SUB	$	11,563,000.00	11,563,000.00	72,840.47	0.00	72,840.47	0.00	0.00	11,563,000.00
M-9	SUB	$	11,563,000.00	11,563,000.00	72,840.47	0.00	72,840.47	0.00	0.00	11,563,000.00
M-10	SUB	$	5,782,000.00	5,782,000.00	36,423.38	0.00	36,423.38	0.00	0.00	5,782,000.00
B	SUB	$	10,021,000.00	10,021,000.00	63,126.73	0.00	63,126.73	0.00	0.00	10,021,000.00
C	SUB	$	15,418,653.12	15,417,515.06	631,203.93	0.00	631,203.93	0.00	0.00	15,417,515.06
P	$	100.00	100.00	264,098.70	0.00	264,098.70	0.00	0.00	100.00
R	$	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


Total		770,875,753.12	605,789,682.81	3,627,796.66	20,828,089.40	24,455,886.06	0.00	0.00	584,961,593.41
Total





Page 2 of 28

Soundview 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)

A-1	11/27/06	12/25/06	A-Act/360	83611MKV9	237,630,000.00	305.285813	1.325534	87.649242	88.974776	217.636571
A-1	11/27/06	12/25/06	A-Act/360	83611MKV9	237,630,000.00	305.285813	1.325534	87.649242	88.974776	217.636571
A-2	11/27/06	12/25/06	A-Act/360	83611MKW7	124,720,000.00	1,000.000000	4.398333	0.000000	4.398333	1,000.000000
A-3	11/27/06	12/25/06	A-Act/360	83611MKX5	166,490,000.00	1,000.000000	4.438611	0.000000	4.438611	1,000.000000
A-4	11/27/06	12/25/06	A-Act/360	83611MKY3	45,076,000.00	1,000.000000	4.527222	0.000000	4.527222	1,000.000000
A-5	11/27/06	12/25/06	A-Act/360	83611MKZ0	35,460,000.00	1,000.000000	4.535278	0.000000	4.535278	1,000.000000
M-1	11/27/06	12/25/06	A-Act/360	83611MLA4	23,512,000.00	1,000.000000	4.615833	0.000000	4.615833	1,000.000000
M-2	11/27/06	12/25/06	A-Act/360	83611MLB2	14,647,000.00	1,000.000000	4.640000	0.000000	4.640000	1,000.000000
M-3	11/27/06	12/25/06	A-Act/360	83611MLC0	17,730,000.00	1,000.000000	4.728611	0.000000	4.728611	1,000.000000
M-4	11/27/06	12/25/06	A-Act/360	83611MLD8	15,032,000.00	1,000.000000	4.760834	0.000000	4.760834	1,000.000000
M-5	11/27/06	12/25/06	A-Act/360	83611MLE6	13,490,000.00	1,000.000000	4.849445	0.000000	4.849445	1,000.000000
M-6	11/27/06	12/25/06	A-Act/360	83611MLF3	11,949,000.00	1,000.000000	5.292500	0.000000	5.292500	1,000.000000
M-7	11/27/06	12/25/06	A-Act/360	83611MLG1	10,792,000.00	1,000.000000	5.493889	0.000000	5.493889	1,000.000000
M-8	11/27/06	12/25/06	A-Act/360	83611MLH9	11,563,000.00	1,000.000000	6.299444	0.000000	6.299444	1,000.000000
M-9	11/27/06	12/25/06	A-Act/360	83611MLJ5	11,563,000.00	1,000.000000	6.299444	0.000000	6.299444	1,000.000000
M-10	11/27/06	12/25/06	A-Act/360	83611MLK2	5,782,000.00	1,000.000000	6.299443	0.000000	6.299443	1,000.000000
B	11/27/06	12/25/06	A-Act/360	83611MLL0	10,021,000.00	1,000.000000	6.299444	0.000000	6.299444	1,000.000000
C	11/01/06	11/30/06	A-30/360	83611MLM8	786,304,406.24	19.607565	0.802748	0.000000	0.802748	19.607565
P	11/01/06	11/30/06	F-30/360	83611MLN6	100.00	1,000.000000	2,640,987.000000	0.000000	2,640,987.000000	1,000.000000
R	11/01/06	11/30/06	A-30/360	83611MLP1	0.00	0.000000	0.000000	0.000000	0.000000	0.000000
R-X	11/01/06	11/30/06	A-30/360	83611MLQ9	0.00	0.000000	0.000000	0.000000	0.000000	0.000000




Page 3 of 28

Soundview Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 26, 2006 Distribution


Distribution to Date - Master Remic
									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	237,630,000.00	7,215,744.59	181,604,220.36	4,308,801.31	185,913,021.65	193,128,766.24	0.00	0.00	51,716,978.35
A-2	124,720,000.00	5,682,098.00	0.00	0.00	0.00	5,682,098.00	0.00	0.00	124,720,000.00
A-3	166,490,000.00	7,657,005.00	0.00	0.00	0.00	7,657,005.00	0.00	0.00	166,490,000.00
A-4	45,076,000.00	2,115,915.14	0.00	0.00	0.00	2,115,915.14	0.00	0.00	45,076,000.00
A-5	35,460,000.00	1,667,593.27	0.00	0.00	0.00	1,667,593.27	0.00	0.00	35,460,000.00
M-1	23,512,000.00	1,126,021.08	0.00	0.00	0.00	1,126,021.08	0.00	0.00	23,512,000.00
M-2	14,647,000.00	705,260.41	0.00	0.00	0.00	705,260.41	0.00	0.00	14,647,000.00
M-3	17,730,000.00	870,556.85	0.00	0.00	0.00	870,556.85	0.00	0.00	17,730,000.00
M-4	15,032,000.00	743,277.33	0.00	0.00	0.00	743,277.33	0.00	0.00	15,032,000.00
M-5	13,490,000.00	679,850.32	0.00	0.00	0.00	679,850.32	0.00	0.00	13,490,000.00
M-6	11,949,000.00	658,963.49	0.00	0.00	0.00	658,963.49	0.00	0.00	11,949,000.00
M-7	10,792,000.00	618,464.97	0.00	0.00	0.00	618,464.97	0.00	0.00	10,792,000.00
M-8	11,563,000.00	762,540.68	0.00	0.00	0.00	762,540.68	0.00	0.00	11,563,000.00
M-9	11,563,000.00	762,540.68	0.00	0.00	0.00	762,540.68	0.00	0.00	11,563,000.00
M-10	5,782,000.00	381,303.32	0.00	0.00	0.00	381,303.32	0.00	0.00	5,782,000.00
B	10,021,000.00	660,851.03	0.00	0.00	0.00	660,851.03	0.00	0.00	10,021,000.00
C	15,418,653.12	13,235,246.11	1,014.82	123.22	1,138.06	13,236,384.17	0.00	0.00	15,417,515.06
P	100.00	2,258,357.78	0.00	0.00	0.00	2,258,357.78	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	770,875,753.12	47,801,590.05	181,605,235.18	4,308,924.53	185,914,159.71	233,715,749.76	0.00	0.00	584,961,593.41


Interest Detail - Master Remic
	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%	72,545,067.75	314,986.65	0.00	0.00	0.00	314,986.65	314,986.65	0.00
A-2	5.46000%	124,720,000.00	548,560.13	0.00	0.00	0.00	548,560.13	548,560.13	0.00
A-3	5.51000%	166,490,000.00	738,984.36	0.00	0.00	0.00	738,984.36	738,984.36	0.00
A-4	5.62000%	45,076,000.00	204,069.07	0.00	0.00	0.00	204,069.07	204,069.07	0.00
A-5	5.63000%	35,460,000.00	160,820.95	0.00	0.00	0.00	160,820.95	160,820.95	0.00
M-1	5.73000%	23,512,000.00	108,527.47	0.00	0.00	0.00	108,527.47	108,527.47	0.00
M-2	5.76000%	14,647,000.00	67,962.08	0.00	0.00	0.00	67,962.08	67,962.08	0.00
M-3	5.87000%	17,730,000.00	83,838.28	0.00	0.00	0.00	83,838.28	83,838.28	0.00
M-4	5.91000%	15,032,000.00	71,564.85	0.00	0.00	0.00	71,564.85	71,564.85	0.00
M-5	6.02000%	13,490,000.00	65,419.01	0.00	0.00	0.00	65,419.01	65,419.01	0.00
M-6	6.57000%	11,949,000.00	63,240.08	0.00	0.00	0.00	63,240.08	63,240.08	0.00
M-7	6.82000%	10,792,000.00	59,290.05	0.00	0.00	0.00	59,290.05	59,290.05	0.00
M-8	7.51591%	11,563,000.00	70,007.97	0.00	0.00	0.00	70,007.97	72,840.47	0.00
M-9	7.51591%	11,563,000.00	70,007.97	0.00	0.00	0.00	70,007.97	72,840.47	0.00
M-10	7.51591%	5,782,000.00	35,007.01	0.00	0.00	0.00	35,007.01	36,423.38	0.00
B	7.51591%	10,021,000.00	60,671.96	0.00	0.00	0.00	60,671.96	63,126.73	0.00
C	49.12885%	15,417,515.06	16,064.31	-784,678,426.80	781,955,468.90	0.00	1,566,649,960.01	631,203.93	1,566,018,756.08
P	3,169,184.40000%	100.00	0.00	0.00	0.00	0.00	0.00	264,098.70	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		605,789,682.81	2,739,022.20	-784,678,426.80	781,955,468.90	0.00	1,569,372,917.90	3,627,796.66	1,566,018,756.08



Page 4 of 28

Soundview Home Loan Trust 2006-1

Asset Backed Certificates

December 26, 2006 Distribution

Collection Account Report

SUMMARY

Total

Principal Collections

20,566,208.18

Principal Withrawals

0.00

Principal Other Accounts

0.00

TOTAL NET PRINCIPAL

20,566,208.18

Interest Collections

3,651,309.84

Interest Withdrawals

-0.00

Interest Other Accounts

264,098.70

Interest Fees

-25,730.64

TOTAL NET INTEREST

3,889,677.90

TOTAL AVAILABLE FUNDS FOR DISTRIBUTION

24,455,886.08

PRINCIPAL - COLLECTIONS

Total

Scheduled Principal Received

344,537.86

Curtailments

-111.92

Prepayments In Full

19,810,299.33

Repurchased/Substitutions

0.00

Liquidations

673,364.13

Other Additional Principal

0.00

Delinquent Principal

-320,309.48

Realized Losses

-261,881.22

Advanced Principal

320,309.48

TOTAL PRINCIPAL COLLECTED

20,566,208.18

PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK

PRINCIPAL - OTHER ACCOUNTS

SPACE INTENTIONALLY LEFT BLANK

Page 5 of 28

Soundview Home Loan Trust 2006-1

Asset Backed Certificates

December 26, 2006 Distribution

INTEREST - COLLECTIONS

Total

Scheduled Interest

3,907,845.96

Repurchased/Substitution Interest

0.00

Liquidation Interest

4,414.40

Other Additional Interest

0.00

Prepayment Interest Shortfalls

-13,614.17

Delinquent Interest

-3,520,974.10

Interest Realized Loss

-15,952.73

Compensating Interest

13,614.17

Civil Relief Act Shortfalls

-479.96

Interest Advanced

3,276,456.28

TOTAL INTEREST COLLECTED

3,651,309.84

INTEREST - WITHDRAWALS

Total

NON Recoverable Advances

0.00

TOTAL INTEREST WITHDRAWALS

0.00

INTEREST - OTHER ACCOUNTS

Total

Prepayment Charges

264,098.70

Cap Payment

0.00

Interest Swap Payment

0.00

Interest Swap Reciept

0.00

Swap Termination Payment

0.00

TOTAL INTEREST OTHER ACCOUNTS

264,098.70

INTEREST FEES

Total

Current Servicing Fees

25,730.64

TOTAL INTEREST FEES

25,730.64

Page 6 of 28

Soundview Home Loan Trust 2006-1

Asset Backed Certificates

December 26, 2006 Distribution

Credit Enhancement Report

ACCOUNTS

Net WAC Rate Carryover Reserve Account

Beginning Account Balance

0.00

Account Deposit

9,536.16

Account Payment Due

0.00

Account Withdrawls

9,536.16

Ending Account Balance

0.02

SWAP ACCOUNT

Beginning Account Balance

0.00

Account Deposit

0.00

Account Payment Due

0.00

Earnings

0.00

Ending Account Balance

0.00

INSURANCE

SPACE INTENTIONALLY LEFT BLANK

STRUCTURAL FEATURES

Total

Overcollateralization Target Amount

15,417,515.06

Overcollateralization Amount (Beginning)

15,155,633.84

Overcollateralization Deficiency Amount

261,881.22

Overcollateralization Release Amount

0.00

Overcollateralization Amount (Ending)

15,417,515.06

Overcollateralization Deficiency (Ending)

0.00

Excess Overcollateralization (Ending)

0.00

Net Monthly Excess Cashflow

902,621.00

Page 7 of 28

Soundview Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 26, 2006 Distribution

Collateral Report


COLLATERAL




		Total



Loan Count:


Original	4,651
Prior	3,795
Prefunding	0
Scheduled Paid Offs	-0
Full Voluntary Prepayments	-102
Repurchases	-0
Liquidations	-7
Current	3,686
Principal Balance:


Original	770,875,753.12
Prior	605,789,682.81
Prefunding	0.00
Scheduled Principal	-344,537.86
Partial Prepayments	(111.92)
Full Voluntary Prepayments	-19,810,299.33
Repurchases	-0.00
Liquidations	-673,364.13
Current	584,961,593.41





PREFUNDING

	Total
Prefunding Account Original Balance	0.00
Prefunding Account Beginning Balance	0.00
Subsequent Loans Added to the Pool	0.00
Prefund Release to Certificate Holders	0.00
Prefunding Account Ending Balance	0.00
Interest Coverage Account Balance	0.00

Page 8 of 28

Soundview Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 26, 2006 Distribution


CHARACTERISTICS
CHARACTERISTICS

							Total
Weighted Average Coupon Original							7.78473%
Weighted Average Coupon Prior							7.71951%
Weighted Average Coupon Current							7.72042%
Weighted Average Months to Maturity Original							347
Weighted Average Months to Maturity Prior							337
Weighted Average Months to Maturity Current							336
Weighted Avg Remaining Amortization Term Original							371
Weighted Avg Remaining Amortization Term Prior							361
Weighted Avg Remaining Amortization Term Current							360
Weighted Average Seasoning Original							2.30
Weighted Average Seasoning Prior							11.29
Weighted Average Seasoning Current							12.29

Page 9 of 28

Soundview Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 26, 2006 Distribution


ARM CHARACTERISTICS
ARM CHARACTERISTICS

							Total
Weighted Average Margin Original							5.82497%
Weighted Average Margin Prior							5.81805%
Weighted Average Margin Current							5.81843%
Weighted Average Max Rate Original							13.55535%
Weighted Average Max Rate Prior							13.47361%
Weighted Average Max Rate Current							13.47230%
Weighted Average Min Rate Original							7.60738%
Weighted Average Min Rate Prior							7.52774%
Weighted Average Min Rate Current							7.52647%
Weighted Average Cap Up Original							1.00000%
Weighted Average Cap Up Prior							1.00000%
Weighted Average Cap Up Current							1.00000%
Weighted Average Cap Down Original							1.00000%
Weighted Average Cap Down Prior							1.00000%
Weighted Average Cap Down Current							1.00000%




SERVICING FEES & ADVANCES
SERVICING FEES & ADVANCES

							Total




Current Servicing Fees							25,730.64
Delinquent Servicing Fees							226,769.65
TOTAL SERVICING FEES							251,561.41


Total Servicing Fees							251,561.41
Compensating Interest							-13,614.17
Delinquent Servicing Fees							-226,769.65
COLLECTED SERVICING FEES							11,177.59


Total Advanced Interest							3,276,456.28
Total Advanced Principal							320,309.48
Aggregate Advances with respect to this Distribution							573,113.75





ADDITIONAL COLLATERAL INFORMATION
ADDITIONAL COLLATERAL INFORMATION
							Total
Prepayment Interest Shortfall (PPIS)							13,614.17
Compensating Interest							(13,614.17)
Net Prepayment Interest Shortfall (PPIS)							0.00

Weighted Average Net Mortgage Rate							7.515908%







Page 10 of 28

Soundview 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		30,568,360.02	14,684,295.60	11,262,132.53	56,514,788.15
	% Balance		5.23%	2.51%	1.93%	9.66%
	# Loans		191	95	96	382
	% # Loans		5.18%	2.58%	2.60%	10.36%
FORECLOSURE	Balance	0.00	0.00	102,953.58	20,325,273.12	20,428,226.70
	% Balance	0.00%	0.00%	0.02%	3.47%	3.49%
	# Loans	0	0	1	111	112
	% # Loans	0.00%	0.00%	0.03%	3.01%	3.04%
BANKRUPTCY	Balance	0.00	0.00	123,942.97	3,335,840.05	3,459,783.02
	% Balance	0.00%	0.00%	0.02%	0.57%	0.59%
	# Loans	0	0	1	29	30
	% # Loans	0.00%	0.00%	0.03%	0.79%	0.81%
REO	Balance	0.00	0.00	0.00	5,096,054.87	5,096,054.87
	% Balance	0.00%	0.00%	0.00%	0.87%	0.87%
	# Loans	0	0	0	37	37
	% # Loans	0.00%	0.00%	0.00%	1.00%	1.00%
TOTAL	Balance	0.00	30,568,360.02	14,911,192.15	40,019,300.57	85,498,852.74
	% Balance	0.00%	5.23%	2.55%	6.84%	14.62%
	# Loans	0	191	97	273	561
	% # Loans	0.00%	5.18%	2.63%	7.41%	15.22%

Page 11 of 28

Soundview Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed 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:
5726740 1	312,300.00	310,276.79	01-Apr-2006	9.260%	CT - 90.00%	360	01-Jan-2006
42173336 1	73,100.00	72,710.12	01-Jun-2006	10.600%	MI - 85.00%	360	01-Dec-2005
42174102 1	104,400.00	103,762.02	01-Jun-2006	9.950%	MI - 90.00%	360	01-Dec-2005
42185355 1	101,440.00	100,576.54	01-Feb-2006	8.325%	CO - 79.25%	360	01-Dec-2005
42196998 1	76,500.00	75,992.12	01-May-2006	9.550%	TX - 90.00%	360	01-Dec-2005
42209551 1	42,300.00	42,033.30	01-May-2006	9.800%	MO - 90.00%	360	01-Dec-2005
42254458 1	158,400.00	156,789.65	01-May-2006	7.425%	CO - 80.00%	360	01-Dec-2005
42332288 1	128,000.00	126,957.94	01-Jan-2006	8.130%	TX - 80.00%	360	01-Jan-2006
42338517 1	100,000.00	99,189.17	01-Jun-2006	8.150%	TX - 80.00%	360	01-Jan-2006


TOTAL	1,096,440.00	1,088,287.65

Became REO Property in a Prior Period:
5375308 1	260,720.00	259,730.17	01-Mar-2006	7.780%	VA - 80.00%	360	01-Jan-2006
5560099 1	61,200.00	60,922.56	01-Apr-2006	11.285%	MO - 85.00%	360	01-Jan-2006
5767553 1	144,500.00	143,588.46	01-May-2006	9.390%	MI - 85.00%	360	01-Jan-2006
42171918 1	81,450.00	80,745.55	01-Jan-2006	7.825%	GA - 90.00%	360	01-Jan-2006
42193938 1	75,600.00	75,078.18	01-Feb-2006	8.950%	MI - 90.00%	360	01-Jan-2006
42211615 1	48,000.00	47,646.95	01-May-2006	9.050%	MO - 80.00%	360	01-Dec-2005
42217745 1	123,250.00	122,247.10	01-Mar-2006	8.550%	CO - 85.00%	360	01-Dec-2005
42222661 1	56,000.00	55,628.15	01-Feb-2006	9.550%	MO - 80.00%	360	01-Dec-2005
42232082 1	179,600.00	178,287.13	01-Jan-2006	9.080%	AZ - 80.00%	360	01-Dec-2005
42252254 1	70,200.00	69,804.01	01-Dec-2005	9.930%	MI - 90.00%	360	01-Jan-2006
42253344 1	66,600.00	66,271.55	01-Jan-2006	10.600%	MI - 90.00%	360	01-Jan-2006
42254631 1	119,000.00	118,015.63	01-Apr-2006	8.050%	MO - 85.00%	360	01-Jan-2006
42258111 1	204,300.00	202,569.56	01-Feb-2006	8.350%	CO - 90.00%	360	01-Dec-2005
42258186 1	176,400.00	175,125.54	01-Feb-2006	8.725%	CO - 90.00%	360	01-Jan-2006
42258962 1	59,500.00	59,158.65	01-Feb-2006	9.850%	MI - 85.00%	360	01-Jan-2006
42273540 1	59,920.00	59,586.80	01-Feb-2006	10.000%	MO - 80.00%	360	01-Jan-2006
42274522 1	58,800.00	58,229.67	01-Apr-2006	7.240%	MI - 70.00%	360	01-Jan-2006
42284133 1	164,000.00	162,517.44	01-Dec-2005	7.600%	TX - 80.00%	360	01-Jan-2006
42284430 1	187,872.00	187,872.00	01-Feb-2006	7.100%	FL - 80.00%	360	01-Jan-2006
42295980 1	189,900.00	188,102.67	01-Feb-2006	7.365%	MN - 90.00%	360	01-Jan-2006
42319160 1	630,000.00	625,471.73	01-Jan-2006	8.750%	CO - 90.00%	360	01-Jan-2006
42327361 1	202,500.00	200,969.18	01-Feb-2006	8.500%	CO - 90.00%	360	01-Jan-2006
42327387 1	295,200.00	292,709.33	01-Jan-2006	7.950%	TX - 80.00%	360	01-Jan-2006
42327452 1	202,500.00	200,969.18	01-Feb-2006	8.500%	CO - 90.00%	360	01-Jan-2006
42327825 1	39,100.00	38,871.18	01-Feb-2006	9.755%	TN - 85.00%	360	01-Jan-2006
42351304 1	53,000.00	52,586.26	01-Apr-2006	8.340%	TX - 67.95%	360	01-Jan-2006
42352120 1	71,920.00	71,462.59	01-May-2006	9.350%	MO - 80.00%	360	01-Jan-2006
42357012 1	153,600.00	153,600.00	01-Feb-2006	7.775%	CO - 80.00%	360	01-Jan-2006


TOTAL	4,034,632.00	4,007,767.22
TOTAL

TOTAL	5,131,072.00	5,096,054.87
TOTAL


Page 12 of 28

Soundview 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:
5162219 1	132,000.00	130,950.76	01-Jul-2006	8.250%	FL - 80.00%	360	01-Jan-2006
5168091 1	106,250.00	105,418.84	01-Jun-2006	8.330%	MI - 85.00%	360	01-Jan-2006
5199997 1	118,800.00	117,501.34	01-Jun-2006	7.460%	GA - 80.00%	360	01-Nov-2005
5340476 1	340,000.00	337,292.21	01-Jul-2006	8.240%	FL - 85.00%	360	01-Jan-2006
5354584 1	172,000.00	171,672.24	01-Jul-2006	7.150%	FL - 80.00%	360	01-Jan-2006
5467287 1	98,800.00	97,712.30	01-Jul-2006	6.585%	FL - 65.00%	360	01-Jan-2006
5541453 1	280,000.00	277,122.66	01-Jul-2006	6.940%	FL - 80.00%	360	01-Jan-2006
5565221 1	408,000.00	408,000.00	01-Mar-2006	7.330%	FL - 80.00%	360	01-Jan-2006
5579149 1	242,400.00	240,934.18	01-Jul-2006	6.090%	CA - 80.00%	360	01-Jan-2006
5615570 1	106,799.00	106,173.60	01-Jun-2006	9.750%	GA - 80.00%	360	01-Jan-2006
5625512 1	172,000.00	170,660.00	01-Jun-2006	8.350%	GA - 80.00%	360	01-Jan-2006
5636683 1	207,200.00	206,621.55	01-Jun-2006	8.850%	VA - 80.00%	360	01-Jan-2006
5783873 1	59,200.00	58,864.67	01-Jun-2006	9.910%	OH - 80.00%	360	01-Jan-2006
42161604 1	51,300.00	50,922.04	01-Jul-2006	9.200%	OH - 90.00%	360	01-Dec-2005
42171892 1	107,550.00	106,782.49	01-Jul-2006	9.200%	MI - 90.00%	360	01-Dec-2005
42209809 1	94,400.00	93,629.71	01-Jul-2006	8.550%	TX - 80.00%	360	01-Dec-2005
42231340 1	131,750.00	130,616.15	01-Jul-2006	7.850%	IL - 85.00%	360	01-Jan-2006
42235473 1	104,000.00	102,953.58	01-Aug-2006	7.050%	FL - 80.00%	360	01-Jan-2006
42248583 1	108,000.00	107,052.66	01-Jun-2006	8.175%	AL - 90.00%	360	01-Dec-2005
42252163 1	76,500.00	76,011.59	01-Jul-2006	9.740%	OH - 90.00%	360	01-Dec-2005
42260265 1	216,000.00	214,439.54	01-Jun-2006	8.725%	GA - 90.00%	360	01-Jan-2006
42280859 1	307,920.00	305,309.22	01-Jul-2006	7.925%	TX - 80.00%	360	01-Jan-2006
42280933 1	66,400.00	65,945.32	01-Jun-2006	8.990%	MO - 80.00%	360	01-Jan-2006
42294637 1	90,400.00	89,662.28	01-Jul-2006	8.118%	MI - 80.00%	360	01-Jan-2006
42300954 1	53,550.00	53,199.27	01-Jul-2006	9.975%	OK - 90.00%	360	01-Dec-2005
42301986 1	160,000.00	158,414.98	01-Jun-2006	7.130%	AZ - 80.00%	360	01-Jan-2006
42302448 1	208,800.00	208,800.00	01-Jun-2006	7.350%	AZ - 80.00%	360	01-Jan-2006
42305375 1	184,000.00	182,601.92	01-Jun-2006	8.475%	AZ - 80.00%	360	01-Jan-2006
42319277 1	166,800.00	166,800.00	01-Jun-2006	7.760%	CO - 80.00%	360	01-Jan-2006
42321869 1	336,000.00	336,000.00	01-Jul-2006	6.625%	CA - 80.00%	360	01-Jan-2006
42342352 1	301,000.00	298,409.74	01-Jul-2006	7.850%	FL - 70.00%	360	01-Jan-2006
42346759 1	53,228.00	52,740.11	01-Jul-2006	7.540%	MO - 68.04%	360	01-Jan-2006


TOTAL	5,261,047.00	5,229,214.95

Became Foreclosure Property in a Prior Period:
5174693 1	264,000.00	264,000.00	01-Mar-2006	7.360%	FL - 80.00%	360	01-Jan-2006
5232681 1	350,000.00	346,290.37	01-May-2006	7.210%	NY - 70.00%	360	01-Dec-2005
5261607 1	312,000.00	310,764.34	01-Jun-2006	7.630%	FL - 80.00%	360	01-Jan-2006
5364997 1	67,900.00	67,628.95	01-Mar-2006	11.560%	WI - 70.00%	360	01-Jan-2006
5391818 1	132,000.00	131,906.40	01-Apr-2006	8.100%	FL - 80.00%	360	01-Jan-2006
5409677 1	292,500.00	292,500.00	01-Jun-2006	8.080%	FL - 90.00%	360	01-Dec-2005
5441985 1	98,000.00	97,163.27	01-Jun-2006	7.890%	FL - 70.00%	360	01-Jan-2006
5461017 1	76,000.00	75,811.19	01-May-2006	9.250%	IN - 80.00%	360	01-Jan-2006
5461017 1	76,000.00			9.250%	IN - 80.00%


Page 13 of 28

Soundview 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
5483466 1
5483466 1	144,000.00	142,797.10	01-Jun-2006	8.000%	FL - 80.00%	360	01-Jan-2006

5493200 1	182,750.00	181,546.47	01-May-2006	9.180%	NC - 85.00%	360	01-Jan-2006
5501077 1	147,000.00	145,471.85	01-Apr-2006	6.880%	NV - 70.00%	360	01-Jan-2006
5515341 1	326,400.00	324,771.62	01-Jun-2006	6.800%	CA - 80.00%	360	01-Jan-2006
5515598 1	108,750.00	107,921.16	01-Jun-2006	8.460%	FL - 75.00%	360	01-Jan-2006
5528237 1	144,000.00	142,672.27	01-Jun-2006	7.500%	FL - 80.00%	360	01-Jan-2006
5536818 1	105,000.00	104,174.54	01-Apr-2006	8.310%	FL - 77.78%	360	01-Jan-2006
5576111 1	538,792.00	538,792.00	01-Apr-2006	7.990%	NV - 80.00%	360	01-Jan-2006
5583505 1	135,000.00	134,184.54	01-May-2006	9.820%	OH - 90.00%	360	01-Jan-2006
5606181 1	319,200.00	319,200.00	01-Jun-2006	6.890%	CA - 80.00%	360	01-Jan-2006
5606397 1	360,000.00	356,840.24	01-Apr-2006	7.750%	CA - 80.00%	360	01-Jan-2006
5611975 1	319,200.00	318,058.41	01-May-2006	7.990%	CA - 79.82%	360	01-Jan-2006
5612312 1	311,500.00	309,698.45	01-Apr-2006	9.810%	NY - 70.00%	360	01-Jan-2006
5645965 1	161,000.00	160,329.21	01-Jun-2006	7.450%	FL - 64.40%	360	01-Jan-2006
5653621 1	181,165.00	180,385.26	01-Jun-2006	11.210%	SC - 95.00%	360	01-Jan-2006
5664610 1	272,000.00	271,086.36	01-May-2006	8.230%	NJ - 80.00%	360	01-Jan-2006
5706486 1	424,000.00	422,483.59	01-Apr-2006	7.990%	CA - 80.00%	360	01-Jan-2006
5706809 1	71,250.00	70,684.82	01-May-2006	8.260%	OH - 75.00%	360	01-Jan-2006
5717160 1	89,910.00	89,279.18	01-Apr-2006	8.870%	KY - 90.00%	360	01-Jan-2006
5733530 1	205,600.00	205,600.00	01-Apr-2006	8.060%	FL - 80.00%	360	01-Jan-2006
5743851 1	200,000.00	198,037.83	01-May-2006	7.180%	NJ - 60.61%	360	01-Jan-2006
41877564 1	600,000.00	600,000.00	01-May-2006	6.350%	CA - 80.00%	360	01-Sep-2005
41985417 1	74,700.00	73,889.86	01-May-2006	7.490%	MO - 90.00%	360	01-Nov-2005
42171504 1	68,000.00	67,436.90	01-Jun-2006	8.850%	FL - 80.00%	360	01-Nov-2005
42186650 1	40,350.00	40,081.36	01-Mar-2006	10.725%	PA - 75.00%	360	01-Dec-2005
42193060 1	70,400.00	69,952.17	01-Jan-2006	9.350%	IL - 80.00%	360	01-Jan-2006
42197566 1	56,000.00	55,655.28	01-Jan-2006	9.925%	KY - 90.00%	360	01-Dec-2005
42200261 1	122,400.00	121,522.50	01-May-2006	9.175%	SC - 90.00%	360	01-Dec-2005
42200352 1	240,000.00	238,126.98	01-Jan-2006	6.830%	FL - 80.00%	360	01-Jan-2006
42200774 1	338,000.00	334,278.71	01-Jun-2006	7.013%	CA - 71.16%	360	01-Dec-2005
42209528 1	122,400.00	121,607.99	01-May-2006	9.675%	SC - 90.00%	360	01-Dec-2005
42216085 1	128,000.00	127,641.40	01-Mar-2006	10.590%	CA - 100.00%	180	01-Dec-2005
42227033 1	152,150.00	150,972.73	01-Jun-2006	8.800%	CO - 85.00%	360	01-Dec-2005
42228189 1	40,500.00	40,185.51	01-Jun-2006	8.800%	OH - 90.00%	360	01-Dec-2005
42230730 1	105,400.00	104,657.21	01-May-2006	8.850%	NJ - 85.00%	360	01-Jan-2006
42242875 1	233,750.00	232,167.56	01-Jun-2006	9.050%	FL - 85.00%	360	01-Jan-2006
42242982 1	54,999.00	54,521.85	01-Apr-2006	8.230%	IA - 68.75%	360	01-Dec-2005
42243998 1	249,600.00	247,430.76	01-Apr-2006	7.800%	FL - 80.00%	360	01-Jan-2006
42244806 1	112,500.00	111,629.58	01-May-2006	8.800%	IL - 90.00%	360	01-Dec-2005
42251611 1	99,900.00	99,900.00	01-May-2006	6.940%	OH - 79.98%	360	01-Jan-2006
42257212 1	204,000.00	202,216.59	01-Jun-2006	8.200%	IL - 82.26%	360	01-Dec-2005
42259242 1	65,600.00	65,167.49	01-Jun-2006	9.175%	OH - 80.00%	360	01-Jan-2006
42259929 1	103,500.00	102,711.20	01-Apr-2006	8.875%	PA - 90.00%	360	01-Dec-2005
42261925 1	297,000.00	294,355.94	01-Mar-2006	8.100%	NJ - 90.00%	360	01-Dec-2005
42262444 1	297,000.00	294,355.94	01-Mar-2006	8.100%	NJ - 90.00%	360	01-Dec-2005
42262683 1	320,400.00	317,547.71	01-Mar-2006	8.100%	NJ - 90.00%	360	01-Dec-2005
42265306 1	300,000.00	300,000.00	01-Apr-2006	6.538%	CA - 80.00%	360	01-Dec-2005


Page 14 of 28

Soundview 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
42265983 1
42265983 1	132,000.00	130,688.54	01-Apr-2006	7.115%	SC - 80.00%	360	01-Jan-2006

42266197 1	77,625.00	76,941.63	01-Jun-2006	7.750%	FL - 75.00%	360	01-Jan-2006
42266452 1	100,000.00	99,202.36	01-Apr-2006	8.230%	GA - 60.61%	360	01-Jan-2006
42266577 1	144,000.00	142,789.54	01-May-2006	7.969%	IL - 86.75%	360	01-Jan-2006
42269530 1	260,100.00	258,390.98	01-Jun-2006	9.600%	MA - 90.00%	360	01-Dec-2005
42269829 1	203,000.00	201,170.29	01-Jan-2006	7.615%	PA - 76.60%	360	01-Jan-2006
42275438 1	76,415.00	75,829.64	01-Mar-2006	8.850%	MO - 85.00%	360	01-Dec-2005
42282327 1	148,204.00	146,539.54	01-Jun-2006	6.475%	KY - 80.00%	360	01-Jan-2006
42282699 1	266,400.00	263,990.71	01-May-2006	7.600%	FL - 80.00%	360	01-Jan-2006
42287334 1	155,600.00	153,955.57	01-Feb-2006	7.225%	CO - 80.00%	360	01-Dec-2005
42289744 1	263,500.00	261,956.95	01-Jan-2006	9.750%	IL - 85.00%	360	01-Jan-2006
42291633 1	151,920.00	151,918.55	01-Jun-2006	5.740%	AZ - 80.00%	360	01-Dec-2005
42293548 1	356,000.00	354,021.01	01-May-2006	10.000%	IL - 80.00%	360	01-Jan-2006
42296822 1	49,500.00	49,500.00	01-Apr-2006	8.740%	OH - 66.44%	360	01-Jan-2006
42296962 1	348,000.00	344,696.64	01-May-2006	7.350%	CA - 80.00%	360	01-Jan-2006
42304196 1	43,200.00	42,879.90	01-Feb-2006	8.600%	OH - 80.00%	360	01-Jan-2006
42307504 1	81,000.00	80,235.52	01-Jan-2006	7.380%	IL - 76.42%	360	01-Jan-2006
42311431 1	208,000.00	206,468.06	01-May-2006	8.630%	AZ - 80.00%	360	01-Jan-2006
42323626 1	90,000.00	89,250.40	01-Jun-2006	8.015%	IL - 90.00%	360	01-Jan-2006
42323675 1	90,000.00	89,250.55	01-Jun-2006	8.015%	IL - 90.00%	360	01-Jan-2006
42328187 1	200,000.00	198,253.14	01-Mar-2006	7.775%	IL - 80.00%	360	01-Jan-2006
42335927 1	299,700.00	296,826.76	01-Apr-2006	7.650%	AZ - 90.00%	360	01-Jan-2006
42337022 1	192,000.00	192,000.00	01-May-2006	7.375%	AZ - 80.00%	360	01-Jan-2006
42346338 1	33,575.00	33,375.25	01-Mar-2006	9.675%	PA - 85.00%	360	01-Jan-2006
42353078 1	485,350.00	480,787.58	01-Jun-2006	7.400%	CA - 85.00%	360	01-Jan-2006


TOTAL	15,290,555.00	15,199,011.75


TOTAL	20,551,602.00	20,428,226.70
TOTAL


Page 15 of 28

Soundview Home Loan Trust 2006-1

Asset Backed Certificates

December 26, 2006 Distribution

Prepayment Report

VOLUNTARY PREPAYMENTS

Total

Current

Number of Paid in Full Loans

102

Number of Repurchased Loans

Total Number of Loans Prepaid in Full

102

Curtailments Amount

(111.92)

Paid in Full Balance

19,810,299.33

Repurchased Loans Balance

0.00

Total Prepayment Amount

19,810,187.41

Cumulative

Number of Paid in Full Loans

779

Number of Repurchased Loans

162

Total Number of Loans Prepaid in Full

941

Paid in Full Balance

150,234,949.65

Repurchased Loans Balance

28,675,108.82

Curtailments Amount

183,596.57

Total Prepayment Amount

179,093,655.04

Page 16 of 28

Soundview Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 26, 2006 Distribution


VOLUNTARY PREPAYMENTS RATES



		Total





SMM	3.38%
3 Months Avg SMM	3.03%
12 Months Avg SMM	2.42%
Avg SMM Since Cut-off	2.42%



CPR	33.83%
3 Months Avg CPR	30.84%
12 Months Avg CPR	25.50%
Avg CPR Since Cut-off	25.50%



PSA	1,377.05%
3 Months Avg PSA Approximation	1,365.99%
12 Months Avg PSA Approximation	1,747.70%
Avg PSA Since Cut-off Approximation	1,747.70%

Page 17 of 28

Soundview 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 18 of 28

Soundview 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

4971925 1		204,000.00	203,161.94	21-Nov-2006	7.500%	FL - 80.00%	Paid Off - 360	01-Dec-2005
4971925 1		204,000.00	203,161.94	21-Nov-2006	7.500%	FL - 80.00%	Paid Off - 360	01-Dec-2005
4988143 1		227,000.00	224,570.79	29-Nov-2006	7.580%	NY - 64.86%	Paid Off - 360	01-Oct-2005
5067293 1		50,000.00	49,154.55	21-Nov-2006	10.500%	CA - 100.00%	Paid Off - 240	01-Nov-2005
5093471 1		33,000.00	32,805.51	07-Dec-2006	10.500%	OH - 100.00%	Paid Off - 180	01-Oct-2005
5151444 1		378,400.00	374,496.79	28-Nov-2006	7.350%	NC - 80.00%	Paid Off - 360	01-Nov-2005
5250899 1		70,000.00	68,377.59	30-Nov-2006	7.930%	MO - 70.00%	Paid Off - 240	01-Nov-2005
5342498 1		225,000.00	223,152.56	17-Nov-2006	7.635%	MD - 67.16%	Paid Off - 360	01-Jan-2006
5353818 1		248,000.00	245,465.95	11-Dec-2006	6.500%	CA - 80.00%	Paid Off - 360	01-Jan-2006
5364617 1		87,500.00	86,585.26	27-Nov-2006	6.380%	FL - 71.14%	Paid Off - 360	01-Jan-2006
5371711 1		130,500.00	130,054.02	29-Nov-2006	8.150%	NC - 90.00%	Paid Off - 360	01-Dec-2005
5375332 1		198,750.00	196,893.14	15-Dec-2006	7.300%	FL - 75.00%	Paid Off - 360	01-Jan-2006
5386404 1		76,800.00	76,406.69	29-Nov-2006	9.960%	TX - 78.37%	Paid Off - 360	01-Jan-2006
5426986 1		168,000.00	166,350.71	05-Dec-2006	6.710%	FL - 80.00%	Paid Off - 360	01-Jan-2006
5430947 1		74,955.00	74,853.01	28-Nov-2006	10.950%	WI - 95.00%	Paid Off - 360	01-Jan-2006
5433644 1		300,000.00	297,138.55	29-Nov-2006	6.860%	NJ - 80.00%	Paid Off - 360	01-Jan-2006
5449657 1		67,000.00	66,230.25	06-Dec-2006	8.180%	FL - 80.72%	Paid Off - 360	01-Dec-2005
5461801 1		198,750.00	196,467.73	30-Nov-2006	5.880%	VA - 75.00%	Paid Off - 360	01-Jan-2006
5464557 1		215,000.00	213,029.69	21-Nov-2006	7.530%	CA - 42.16%	Paid Off - 360	01-Dec-2005
5485438 1		130,400.00	129,332.05	27-Nov-2006	8.100%	OR - 80.00%	Paid Off - 360	01-Dec-2005
5516620 1		154,000.00	152,198.07	28-Nov-2006	5.780%	FL - 70.00%	Paid Off - 360	01-Jan-2006
5533054 1		242,000.00	240,401.60	07-Dec-2006	8.720%	FL - 84.91%	Paid Off - 360	01-Jan-2006
5543707 1		212,000.00	210,286.41	29-Nov-2006	7.710%	TX - 76.51%	Paid Off - 360	01-Jan-2006
5559513 1		100,000.00	98,587.62	27-Nov-2006	10.130%	NJ - 95.00%	Paid Off - 360	01-Dec-2005
5567243 1		127,680.00	126,888.57	13-Dec-2006	5.917%	VA - 56.00%	Paid Off - 360	01-Jan-2006
5568712 1		240,000.00	238,958.61	30-Nov-2006	6.980%	CA - 80.00%	Paid Off - 360	01-Jan-2006
5575485 1		500,000.00	495,516.82	27-Nov-2006	7.180%	NY - 80.00%	Paid Off - 360	01-Jan-2006
5588181 1		262,500.00	260,067.50	29-Nov-2006	7.010%	NJ - 70.00%	Paid Off - 360	01-Jan-2006
5595418 1		228,000.00	227,064.07	11-Dec-2006	7.180%	VA - 80.00%	Paid Off - 360	01-Jan-2006
5596374 1		234,000.00	232,354.63	27-Nov-2006	8.410%	NY - 53.18%	Paid Off - 360	01-Jan-2006
5598644 1		186,000.00	184,974.31	04-Dec-2006	6.100%	CA - 54.71%	Paid Off - 360	01-Jan-2006
5599832 1		69,750.00	69,197.60	27-Nov-2006	7.860%	FL - 75.00%	Paid Off - 360	01-Jan-2006
5603931 1		412,800.00	411,335.38	15-Dec-2006	7.700%	CA - 80.00%	Paid Off - 360	01-Jan-2006
5617139 1		60,000.00	59,703.67	30-Nov-2006	10.130%	CA - 100.00%	Paid Off - 180	01-Jan-2006
5617410 1		82,800.00	82,504.61	27-Nov-2006	11.685%	TX - 72.00%	Paid Off - 360	01-Jan-2006
5621438 1		170,000.00	168,565.68	06-Dec-2006	7.492%	NJ - 69.39%	Paid Off - 360	01-Jan-2006
5630751 1		160,000.00	158,503.00	05-Dec-2006	6.960%	TX - 80.00%	Paid Off - 360	01-Jan-2006
5634811 1		76,600.00	76,261.76	30-Nov-2006	10.660%	TX - 62.79%	Paid Off - 360	01-Jan-2006
5649918 1		275,000.00	273,114.46	16-Nov-2006	8.535%	NJ - 68.75%	Paid Off - 360	01-Jan-2006
5655675 1		200,200.00	198,927.79	29-Nov-2006	8.910%	FL - 70.25%	Paid Off - 360	01-Jan-2006
5669924 1		280,000.00	277,898.90	11-Dec-2006	8.085%	NJ - 80.00%	Paid Off - 360	01-Jan-2006


Page 19 of 28

Soundview 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

5670989 1		225,000.00	222,567.53	05-Dec-2006	6.870%	CA - 62.50%	Paid Off - 360	01-Jan-2006
5670989 1		225,000.00	222,567.53	05-Dec-2006	6.870%	CA - 62.50%	Paid Off - 360	01-Jan-2006
5672787 1		260,800.00	258,825.04	30-Nov-2006	8.080%	NJ - 80.00%	Paid Off - 360	01-Jan-2006
5674601 1		304,500.00	303,151.86	30-Nov-2006	6.930%	NY - 70.00%	Paid Off - 360	01-Jan-2006
5678586 1		109,250.00	108,698.32	28-Nov-2006	11.910%	SC - 95.00%	Paid Off - 360	01-Jan-2006
5680244 1		368,000.00	364,232.67	20-Nov-2006	6.490%	CA - 80.00%	Paid Off - 360	01-Jan-2006
5696562 1		504,000.00	504,000.00	30-Nov-2006	7.940%	CA - 80.00%	Paid Off - 360	01-Jan-2006
5696679 1		126,000.00	125,040.45	30-Nov-2006	10.450%	CA - 100.00%	Paid Off - 240	01-Jan-2006
5711296 1		76,640.00	75,886.66	12-Dec-2006	6.710%	TX - 80.00%	Paid Off - 360	01-Jan-2006
5719307 1		149,000.00	147,697.34	07-Dec-2006	7.310%	FL - 67.73%	Paid Off - 360	01-Jan-2006
5722822 1		144,000.00	142,760.54	08-Dec-2006	7.390%	UT - 80.00%	Paid Off - 360	01-Jan-2006
5749189 1		224,000.00	222,340.75	14-Dec-2006	8.150%	FL - 80.00%	Paid Off - 360	01-Jan-2006
42025635 1		80,000.00	79,435.78	17-Nov-2006	9.990%	AZ - 100.00%	Paid Off - 180	01-Sep-2005
42034272 1		428,000.00	423,114.04	04-Dec-2006	7.225%	AZ - 80.00%	Paid Off - 360	01-Oct-2005
42147157 1		749,000.00	742,052.51	29-Nov-2006	7.005%	CA - 75.00%	Paid Off - 360	01-Jan-2006
42158592 1		264,600.00	262,183.03	28-Nov-2006	7.590%	WI - 70.00%	Paid Off - 360	01-Dec-2005
42160432 1		103,500.00	102,803.56	20-Nov-2006	9.075%	IL - 90.00%	Paid Off - 360	01-Dec-2005
42176065 1		103,000.00	102,489.82	06-Dec-2006	10.550%	AZ - 100.00%	Paid Off - 180	01-Dec-2005
42179234 1		264,000.00	261,481.03	29-Nov-2006	7.330%	MD - 80.00%	Paid Off - 360	01-Dec-2005
42189696 1		160,000.00	158,785.55	13-Dec-2006	8.480%	AZ - 74.42%	Paid Off - 360	01-Dec-2005
42192492 1		25,000.00	24,208.15	28-Nov-2006	10.465%	MD - 100.00%	Paid Off - 180	01-Nov-2005
42206599 1		345,000.00	341,390.71	12-Dec-2006	7.375%	NY - 75.00%	Paid Off - 360	01-Nov-2005
42213678 1		184,000.00	182,366.17	22-Nov-2006	7.230%	IL - 73.60%	Paid Off - 360	01-Jan-2006
42214130 1		138,750.00	137,455.82	29-Nov-2006	7.440%	IL - 75.00%	Paid Off - 360	01-Dec-2005
42224436 1		100,000.00	99,152.04	01-Dec-2006	7.925%	VT - 80.00%	Paid Off - 360	01-Dec-2005
42224584 1		25,000.00	24,867.07	01-Dec-2006	10.215%	VT - 100.00%	Paid Off - 180	01-Dec-2005
42233452 1		346,500.00	342,643.35	08-Dec-2006	6.550%	CA - 90.00%	Paid Off - 360	01-Dec-2005
42234724 1		130,000.00	128,924.73	15-Dec-2006	8.050%	FL - 69.15%	Paid Off - 360	01-Dec-2005
42240440 1		165,000.00	163,173.11	28-Nov-2006	6.550%	AZ - 33.67%	Paid Off - 360	01-Dec-2005
42244954 1		152,000.00	150,971.96	30-Nov-2006	9.050%	MO - 80.00%	Paid Off - 360	01-Dec-2005
42245282 1		85,950.00	85,368.73	22-Nov-2006	9.050%	CO - 90.00%	Paid Off - 360	01-Dec-2005
42252106 1		409,500.00	409,500.00	30-Nov-2006	7.200%	MN - 90.00%	Paid Off - 360	01-Jan-2006
42260091 1		288,200.00	285,861.25	15-Dec-2006	7.690%	AZ - 90.00%	Paid Off - 360	01-Jan-2006
42263590 1		204,000.00	202,330.18	14-Dec-2006	8.115%	MD - 85.00%	Paid Off - 360	01-Dec-2005
42265777 1		497,700.00	493,125.40	17-Nov-2006	7.515%	IL - 90.00%	Paid Off - 360	01-Dec-2005
42267732 1		100,800.00	100,142.18	27-Nov-2006	9.225%	TX - 90.00%	Paid Off - 360	01-Dec-2005
42270348 1		244,800.00	242,986.26	29-Nov-2006	8.600%	AZ - 85.00%	Paid Off - 360	01-Dec-2005
42270561 1		25,000.00	24,904.14	28-Nov-2006	11.750%	UT - 100.00%	Paid Off - 180	01-Dec-2005
42276451 1		313,500.00	313,500.00	12-Dec-2006	7.365%	CA - 95.00%	Paid Off - 360	01-Jan-2006
42277889 1		288,500.00	285,848.76	20-Nov-2006	7.053%	IL - 52.45%	Paid Off - 360	01-Jan-2006
42278762 1		140,250.00	139,071.81	28-Nov-2006	7.975%	MD - 85.00%	Paid Off - 360	01-Dec-2005
42279513 1		165,600.00	164,129.55	12-Dec-2006	7.230%	NV - 80.00%	Paid Off - 360	01-Jan-2006
42284901 1		172,000.00	170,579.28	21-Nov-2006	7.600%	AL - 80.00%	Paid Off - 360	01-Jan-2006
42284901 1			170,579.28		7.600%	AL - 80.00%	Paid Off - 360

Page 20 of 28

Soundview 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

42286732 1		101,500.00	100,571.73	21-Nov-2006	7.078%	AZ - 70.00%	Paid Off - 360	01-Jan-2006
42286732 1		101,500.00	100,571.73	21-Nov-2006	7.078%	AZ - 70.00%	Paid Off - 360	01-Jan-2006
42287946 1		110,000.00	109,048.54	21-Nov-2006	7.365%	FL - 44.90%	Paid Off - 360	01-Jan-2006
42291948 1		92,695.00	92,279.47	06-Dec-2006	10.590%	CA - 100.00%	Paid Off - 180	01-Jan-2006
42293696 1		565,500.00	564,897.24	16-Nov-2006	6.615%	CA - 91.21%	Paid Off - 360	01-Jan-2006
42295337 1		33,000.00	32,838.52	27-Nov-2006	10.175%	AZ - 100.00%	Paid Off - 180	01-Jan-2006
42301051 1		223,000.00	221,291.30	28-Nov-2006	7.980%	IL - 67.78%	Paid Off - 360	01-Jan-2006
42306183 1		75,500.00	74,876.37	28-Nov-2006	7.600%	MO - 75.12%	Paid Off - 360	01-Jan-2006
42306209 1		25,000.00	24,887.01	28-Nov-2006	10.550%	MO - 100.00%	Paid Off - 180	01-Jan-2006
42306951 1		35,000.00	34,783.29	01-Dec-2006	9.625%	WI - 63.64%	Paid Off - 360	01-Jan-2006
42309229 1		117,600.00	116,607.35	17-Nov-2006	7.490%	WI - 80.00%	Paid Off - 360	01-Jan-2006
42309344 1		29,400.00	29,281.49	17-Nov-2006	11.090%	WI - 100.00%	Paid Off - 180	01-Jan-2006
42310243 1		462,000.00	458,100.67	08-Dec-2006	7.490%	VA - 46.29%	Paid Off - 360	01-Jan-2006
42310441 1		189,000.00	187,760.54	14-Dec-2006	8.755%	IL - 75.00%	Paid Off - 360	01-Jan-2006
42314674 1		360,000.00	356,700.75	05-Dec-2006	7.640%	CA - 80.00%	Paid Off - 360	01-Jan-2006
42315846 1		261,000.00	259,197.75	20-Nov-2006	8.500%	MO - 90.00%	Paid Off - 360	01-Jan-2006
42324756 1		136,000.00	134,843.11	21-Nov-2006	7.450%	IL - 80.00%	Paid Off - 360	01-Jan-2006
42332353 1		82,400.00	81,832.05	21-Nov-2006	8.530%	WI - 80.00%	Paid Off - 360	01-Jan-2006
42335075 1		140,000.00	138,715.65	06-Dec-2006	8.800%	PA - 68.29%	Paid Off - 360	01-Jan-2006
42338863 1		196,200.00	194,878.93	29-Nov-2006	8.625%	GA - 90.00%	Paid Off - 360	01-Jan-2006
42351940 1		180,000.00	179,022.60	08-Dec-2006	9.675%	FL - 75.00%	Paid Off - 360	01-Jan-2006


TOTAL	19,961,520.00	19,810,299.33

Page 21 of 28

Soundview Home Loan Trust 2006-1

Asset Backed 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

261,881.22

Collateral Interest Realized Loss/(Gain) Amount

15,952.73

Net Liquidation Proceeds

395,530.18

Cumulative

Number of Loans Liquidated

Collateral Realized Loss/(Gain) Amount

987,841.21

Net Liquidation Proceeds

1,538,881.83

Cumulative Subsequent Recoveries

0.00

Page 22 of 28

Soundview Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 26, 2006 Distribution


DEFAULT SPEEDS

								Total



MDR								0.11%
3 Months Avg MDR								0.07%
12 Months Avg MDR								0.03%
Avg MDR Since Cut-off								0.03%


CDR								1.33%
3 Months Avg CDR								0.83%
12 Months Avg CDR								0.41%
Avg CDR Since Cut-off								0.41%


SDA								5.40%
3 Months Avg SDA Approximation								3.68%
12 Months Avg SDA Approximation								2.84%
Avg SDA Since Cut-off Approximation								2.84%


Loss Severity Approximation for Current Period								38.89%
3 Months Avg Loss Severity Approximation								51.62%
12 Months Avg Loss Severity Approximation								37.07%
Avg Loss Severity Approximation Since Cut-off								37.07%

Page 23 of 28

Soundview 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 24 of 28

Soundview Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 26, 2006 Distribution

Realized Loss Detail Report
Loan Number	Current	State &		Prior	Realized		Cumulative
							Cumulative
&	Loan	Note	LTV at	Original	Principal	Loss/(Gain)	Realized	Realized

Loan Group	Status	Rate	Origination	Term	Balance	Revision	Loss/(Gain)	Loss/(Gain)
Loan Group	Status	Rate	Origination	Term	Balance	Revision	Loss/(Gain)	Loss/(Gain)
42190231 1
42190231 1		7.840%	UT - 90.00%	360	98,056.32		36,968.59	36,968.59

42232298 1		9.990%	MI - 100.00%	180	24,860.73		25,834.92	25,834.92
42235739 1		10.550%	AZ - 100.00%	180	55,665.40		59,716.33	59,716.33
42249326 1		11.465%	CO - 100.00%	180	30,138.57		32,976.57	32,976.57
42280735 1		6.350%	CA - 80.00%	360	352,000.00		1,604.82	1,604.82
42280750 1		9.840%	CA - 100.00%	180	87,711.01		94,431.73	94,431.73
42338574 1		9.990%	TX - 100.00%	180	24,932.10		26,300.99	26,300.99


TOTAL				673,364.13	277,833.95	277,833.95



Page 25 of 28

Soundview Home Loan Trust 2006-1

Asset Backed Certificates

December 26, 2006 Distribution

Triggers and Adj. Cert. Report

TRIGGER EVENTS

Total

Trigger Event in effect

Stepdown Date has occurred

Delinquency Percentage

9.390444%

Ending Balance

584,961,593.41

Credit Enhancement Percentage (Step Down)

33.6703%

Senior Mezz Credit Enhancement Pct (Trigger)

26.6592%

Realized Loss Percentage

0.1281%

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

0.00000%

Extraordinary Trust Fund Expenses

0.00

Page 26 of 28

Soundview Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 26, 2006 Distribution

Additional Certificate Report

ADDITIONAL CERTIFICATE REPORT

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

	A-1	$0.00	$0.00	0.05
		$0.00	$0.00	0.05
	A-2	$0.00	$0.00	0.05
		$0.00	$0.00	0.05
	A-3	$0.00	$0.00	0.05
		$0.00	$0.00	0.05
	A-4	$0.00	$0.00	0.06
		$0.00	$0.00	0.06
	A-5	$0.00	$0.00	0.06
		$0.00	$0.00	0.06
	M-1	$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
	M-3	$0.00	$0.00	0.00
		$0.00	$0.00	0.00
	M-4	$0.00	$0.00	0.01
		$0.00	$0.00	0.01
	M-5	$0.00	$0.00	0.01
		$0.00	$0.00	0.01
	M-6	$0.00	$0.00	0.01
		$0.00	$0.00	0.01
	M-7	$0.00	$0.00	0.01
		$0.00	$0.00	0.01
	M-8	$0.00	$2,832.50	0.02
		$0.00	$2,832.50	0.02
	M-9	$0.00	$2,832.50	0.02
		$0.00	$2,832.50	0.02
	M-10	$0.00	$1,416.37	0.02
		$0.00	$1,416.37	0.02
	B	$0.00	$2,454.77	0.07
		$0.00	$2,454.77	0.07
	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
	R-3	$0.00	$0.00	0.00
		$0.00	$0.00	0.00
	IO	$0.00	$0.00	0.00
		$0.00	$0.00	0.00




Page 27 of 28

Soundview Home Loan Trust 2006-1



Asset Backed Certificates
Asset Backed Certificates
December 26, 2006 Distribution

Other Related Information
ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
							Total
Basis Risk Shortfall Covered by Cap Contract for Class A-1							0.00
Basis Risk Shortfall Covered by CapContracts for Class A-2							0.00
Basis Risk Shortfall Covered by CapContract for Class A-3							0.00
Basis Risk Shortfall Covered by CapContract for Class A-4							0.00
Basis Risk Shortfall Covered by CapContract for Class A-5							0.00
Basis Risk Shortfall Covered by CapContract for Class M-1							0.00
Basis Risk Shortfall Covered by CapContract for Class M-2							0.00
Basis Risk Shortfall Covered by CapContract for Class M-3							0.00
Basis Risk Shortfall Covered by CapContract for Class M-4							0.00
Basis Risk Shortfall Covered by CapContract for Class M-5							0.00
Basis Risk Shortfall Covered by CapContract for Class M-6							0.00
Basis Risk Shortfall Covered by CapContract for Class M-7							0.00
Basis Risk Shortfall Covered by CapContract for Class M-8							0.00
Basis Risk Shortfall Covered by CapContract for Class M-9							0.00
Basis Risk Shortfall Covered by CapContract for Class M-10							0.00
Basis Risk Shortfall Covered by CapContract for Class B							0.00





Page 28 of 28

Soundview Home Loan Trust 2006-1 10-D