Soundview Home Loan Trust 2007-NS1

Mortgage Pass-Through Certificates

December 26, 2007 Distribution

External Parties

Table of Contents

Page

Seller

1. Certificate Payment Report

Greenwich Capital Financial Products Inc

2. Collection Account Report

3. Credit Enhancement Report

Servicer(s)

4. Collateral Report

Nationstar Mortgage, LLC

5. Delinquency Report

6. REO Report

Underwriter(s)

7. Foreclosure Report

RBS Greenwich Capital

8. Prepayment Report

9. Prepayment Detail Report

Cap Provider

10. Realized Loss Report

Royal Bank of Scotland

11. Realized Loss Detail Report

12. Triggers and Adj. Cert. Report

Swap Counterparty

13. Additional Certificate Report

Royal Bank of Scotland

14. Other Related Information

Credit Risk Manager

Clayton Fixed Income Srvc.Inc.

PMI Insurer

MGIC

Total Number of Pages

Dates

Contacts

Cut-Off Date:

February 01, 2007

Manuel Rivas

Close Date:

March 08, 2007

Administrator

First Distribution Date:

March 26, 2007

(714) 247-6265

Manuel.Rivas@db.com

Address:

Distribution Date:

December 26, 2007

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

Record Date:

November 30, 2007

Factor Information:

(800) 735-7777

December 24, 2007

Main Phone Number:

(714) 247-6000

Determination Date:

December 14, 2007

https://tss.sfs.db.com/investpublic

Page 1 of 30

Soundview Home Loan Trust 2007-NS1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
December 26, 2007 Distribution

Certificate Payment Report
Current Period Distribution -
			Prior						Current
			Prior

	Class	Original	Principal			Total	Realized	Deferred	Principal

Class	Type	Face Value	Balance	Interest	Principal	Distribution	Loss	Interest	Balance
			(1)	(2)	(3)	(4)=(2)+(3)	(5)	(6)	(7)=(1)-(3)-(5)+(6)
A-1	FLT/STEP/WA	309,424,000.00	227,604,998.86	929,980.75	7,368,637.33	8,298,618.08	0.00	0.00	220,236,361.53
A-1	FLT/STEP/WA	309,424,000.00	227,604,998.86	929,980.75	7,368,637.33	8,298,618.08	0.00	0.00	220,236,361.53
A-2	FLT/STEP/WA	67,608,000.00	67,608,000.00	277,932.54	0.00	277,932.54	0.00	0.00	67,608,000.00
A-3	FLT/STEP/WA	105,880,000.00	105,880,000.00	439,678.17	0.00	439,678.17	0.00	0.00	105,880,000.00
A-4	FLT/STEP/WA	43,975,000.00	43,975,000.00	186,275.53	0.00	186,275.53	0.00	0.00	43,975,000.00
M-1	FLT/STEP/WA	29,517,000.00	29,517,000.00	126,262.17	0.00	126,262.17	0.00	0.00	29,517,000.00
M-2	FLT/STEP/WA	25,106,000.00	25,106,000.00	109,485.80	0.00	109,485.80	0.00	0.00	25,106,000.00
M-3	FLT/STEP/WA	12,892,000.00	12,892,000.00	57,832.76	0.00	57,832.76	0.00	0.00	12,892,000.00
M-4	FLT/STEP/WA	10,518,000.00	10,518,000.00	49,812.63	0.00	49,812.63	0.00	0.00	10,518,000.00
M-5	FLT/STEP/WA	11,535,000.00	11,535,000.00	55,590.34	0.00	55,590.34	0.00	0.00	11,535,000.00
M-6	FLT/STEP/WA	7,464,000.00	7,464,000.00	37,837.07	0.00	37,837.07	0.00	0.00	7,464,000.00
M-7	FLT/STEP/WA	8,821,000.00	8,821,000.00	49,861.66	0.00	49,861.66	0.00	0.00	8,821,000.00
M-8	FLT/STEP/WA	6,107,000.00	6,107,000.00	34,520.48	0.00	34,520.48	0.00	0.00	6,107,000.00
M-9	FLT/STEP/WA	8,142,000.00	8,142,000.00	46,023.54	0.00	46,023.54	0.00	0.00	8,142,000.00
M-10	FLT/STEP/WA	11,196,000.00	11,196,000.00	63,286.60	0.00	63,286.60	0.00	0.00	11,196,000.00
C	EXE	20,356,019.12	20,356,233.57	1,261,909.65	0.00	1,261,909.65	0.00	0.00	20,356,233.57
P	NPR/EXE	100.00	100.00	63,403.70	0.00	63,403.70	0.00	0.00	100.00
R	NPR/EXE	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
R-X	NPR/EXE	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
FL	0.00	0.00	9,331.58	0.00	9,331.58	0.00	0.00	0.00


Total		678,541,119.12	596,722,332.43	3,799,024.97	7,368,637.33	11,167,662.30	0.00	0.00	589,353,695.10
Total





Page 2 of 30

Soundview Home Loan Trust 2007-NS1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
December 26, 2007 Distribution


Interest Accrual Detail Current Period Factor Information per $1,000 of Original Face Value
					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	11/26/07	12/25/07	A-Act/360	83612QAA6	309,424,000.00	735.576422	3.005522	23.814046	26.819568	711.762376
A-1	11/26/07	12/25/07	A-Act/360	83612QAA6	309,424,000.00	735.576422	3.005522	23.814046	26.819568	711.762376
A-2	11/26/07	12/25/07	A-Act/360	83612QAB4	67,608,000.00	1,000.000000	4.110942	0.000000	4.110942	1,000.000000
A-3	11/26/07	12/25/07	A-Act/360	83612QAC2	105,880,000.00	1,000.000000	4.152608	0.000000	4.152608	1,000.000000
A-4	11/26/07	12/25/07	A-Act/360	83612QAD0	43,975,000.00	1,000.000000	4.235942	0.000000	4.235942	1,000.000000
M-1	11/26/07	12/25/07	A-Act/360	83612QAE8	29,517,000.00	1,000.000000	4.277608	0.000000	4.277608	1,000.000000
M-2	11/26/07	12/25/07	A-Act/360	83612QAF5	25,106,000.00	1,000.000000	4.360942	0.000000	4.360942	1,000.000000
M-3	11/26/07	12/25/07	A-Act/360	83612QAG3	12,892,000.00	1,000.000000	4.485942	0.000000	4.485942	1,000.000000
M-4	11/26/07	12/25/07	A-Act/360	83612QAH1	10,518,000.00	1,000.000000	4.735941	0.000000	4.735941	1,000.000000
M-5	11/26/07	12/25/07	A-Act/360	83612QAJ7	11,535,000.00	1,000.000000	4.819275	0.000000	4.819275	1,000.000000
M-6	11/26/07	12/25/07	A-Act/360	83612QAK4	7,464,000.00	1,000.000000	5.069275	0.000000	5.069275	1,000.000000
M-7	11/26/07	12/25/07	A-Act/360	83612QAL2	8,821,000.00	1,000.000000	5.652609	0.000000	5.652609	1,000.000000
M-8	11/26/07	12/25/07	A-Act/360	83612QAM0	6,107,000.00	1,000.000000	5.652608	0.000000	5.652608	1,000.000000
M-9	11/26/07	12/25/07	A-Act/360	83612QAN8	8,142,000.00	1,000.000000	5.652609	0.000000	5.652609	1,000.000000
M-10	11/26/07	12/25/07	A-Act/360	83612QAP3	11,196,000.00	1,000.000000	5.652608	0.000000	5.652608	1,000.000000
C		83612QAQ1	20,356,019.12	1,000.010535	61.991966	0.000000	61.991966	1,000.010535
P		83612QAR9	100.00	1,000.000000	634,037.000000	0.000000	634,037.000000	1,000.000000
R		83612QAS7	0.00	0.000000	0.000000	0.000000	0.000000	0.000000
R-X		83612QAT5	0.00	0.000000	0.000000	0.000000	0.000000	0.000000
FL		GC07V1301	0.00	0.000000	0.000000	0.000000	0.000000	0.000000




Page 3 of 30

Soundview Home Loan Trust 2007-NS1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
December 26, 2007 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	309,424,000.00	11,580,951.88	86,138,910.38	3,048,728.09	89,187,638.47	100,768,590.35	0.00	0.00	220,236,361.53
A-2	67,608,000.00	2,952,190.46	0.00	0.00	0.00	2,952,190.46	0.00	0.00	67,608,000.00
A-3	105,880,000.00	4,666,473.95	0.00	0.00	0.00	4,666,473.95	0.00	0.00	105,880,000.00
A-4	43,975,000.00	1,973,911.18	0.00	0.00	0.00	1,973,911.18	0.00	0.00	43,975,000.00
M-1	29,517,000.00	1,336,944.99	0.00	0.00	0.00	1,336,944.99	0.00	0.00	29,517,000.00
M-2	25,106,000.00	1,157,586.34	0.00	0.00	0.00	1,157,586.34	0.00	0.00	25,106,000.00
M-3	12,892,000.00	610,162.74	0.00	0.00	0.00	610,162.74	0.00	0.00	12,892,000.00
M-4	10,518,000.00	523,485.66	0.00	0.00	0.00	523,485.66	0.00	0.00	10,518,000.00
M-5	11,535,000.00	583,490.41	0.00	0.00	0.00	583,490.41	0.00	0.00	11,535,000.00
M-6	7,464,000.00	395,786.16	0.00	0.00	0.00	395,786.16	0.00	0.00	7,464,000.00
M-7	8,821,000.00	517,997.64	0.00	0.00	0.00	517,997.64	0.00	0.00	8,821,000.00
M-8	6,107,000.00	358,622.79	0.00	0.00	0.00	358,622.79	0.00	0.00	6,107,000.00
M-9	8,142,000.00	478,124.56	0.00	0.00	0.00	478,124.56	0.00	0.00	8,142,000.00
M-10	11,196,000.00	657,465.32	0.00	0.00	0.00	657,465.32	0.00	0.00	11,196,000.00
C	20,356,019.12	14,078,253.16	(205.38)	(9.07)	0.00	14,078,253.16	0.00	214.45	20,356,233.57
P	100.00	968,003.55	0.00	0.00	0.00	968,003.55	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
FL	0.00	98,990.87	0.00	0.00	0.00	98,990.87	0.00	0.00	0.00

Total	678,541,119.12	42,938,441.66	86,138,705.00	3,048,719.02	89,187,638.47	132,126,080.13	0.00	214.45	589,353,695.10


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	4.90313%	227,604,998.86	929,980.75	0.00	0.00	0.00	929,980.75	929,980.75	0.00
A-2	4.93313%	67,608,000.00	277,932.54	0.00	0.00	0.00	277,932.54	277,932.54	0.00
A-3	4.98313%	105,880,000.00	439,678.17	0.00	0.00	0.00	439,678.17	439,678.17	0.00
A-4	5.08313%	43,975,000.00	186,275.53	0.00	0.00	0.00	186,275.53	186,275.53	0.00
M-1	5.13313%	29,517,000.00	126,262.17	0.00	0.00	0.00	126,262.17	126,262.17	0.00
M-2	5.23313%	25,106,000.00	109,485.80	0.00	0.00	0.00	109,485.80	109,485.80	0.00
M-3	5.38313%	12,892,000.00	57,832.76	0.00	0.00	0.00	57,832.76	57,832.76	0.00
M-4	5.68313%	10,518,000.00	49,812.63	0.00	0.00	0.00	49,812.63	49,812.63	0.00
M-5	5.78313%	11,535,000.00	55,590.34	0.00	0.00	0.00	55,590.34	55,590.34	0.00
M-6	6.08313%	7,464,000.00	37,837.07	0.00	0.00	0.00	37,837.07	37,837.07	0.00
M-7	6.78313%	8,821,000.00	49,861.66	0.00	0.00	0.00	49,861.66	49,861.66	0.00
M-8	6.78313%	6,107,000.00	34,520.48	0.00	0.00	0.00	34,520.48	34,520.48	0.00
M-9	6.78313%	8,142,000.00	46,023.54	0.00	0.00	0.00	46,023.54	46,023.54	0.00
M-10	6.78313%	11,196,000.00	63,286.60	0.00	0.00	0.00	63,286.60	63,286.60	0.00
C	74.38958%	20,356,233.57	0.00	0.00	0.00	0.00	0.00	1,261,909.65	0.00
P	760,844.40000%	100.00	0.00	0.00	0.00	0.00	0.00	63,403.70	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
FL	0.00000%	0.00	0.00	0.00	0.00	0.00	0.00	9,331.58	0.00


Total		596,722,332.43	2,464,380.04	0.00	0.00	0.00	2,464,380.04	3,799,024.97	0.00



Page 4 of 30

Soundview Home Loan Trust 2007-NS1

Mortgage Pass-Through Certificates

December 26, 2007 Distribution

Collection Account Report

SUMMARY

Total

Principal Collections

7,368,637.33

Principal Withdrawals

0.00

Principal Other Accounts

0.00

TOTAL NET PRINCIPAL

7,368,637.33

Interest Collections

4,072,604.54

Interest Loss

-0.00

Interest Other Accounts

-111,528.44

Interest Fees

-162,051.11

TOTAL NET INTEREST

3,799,024.99

TOTAL AVAILABLE FUNDS FOR DISTRIBUTION

11,167,662.32

PRINCIPAL - COLLECTIONS

Total

Scheduled Principal Received

297,595.41

Curtailments

11,318.95

Prepayments In Full

7,059,722.97

Repurchased/Substitutions

0.00

Liquidations

0.00

Other Additional Principal

0.00

Delinquent Principal

-241,023.67

Realized Losses

-0.00

Advanced Principal

241,023.67

TOTAL PRINCIPAL COLLECTED

7,368,637.33

PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK

PRINCIPAL - OTHER ACCOUNTS

Total

TOTAL PRINCIPAL OTHER ACCOUNTS

0.00

Page 5 of 30

Soundview Home Loan Trust 2007-NS1

Mortgage Pass-Through Certificates

December 26, 2007 Distribution

INTEREST - COLLECTIONS

Total

Scheduled Interest

4,277,969.34

Repurchased/Substitution Interest

0.00

Liquidation Interest

0.00

Interest Loss

(83.34)

Other Additional Interest

0.00

Prepayment Interest Shortfalls

-13,863.99

Delinquent Interest

-3,537,422.99

Compensating Interest

13,863.99

Civil Relief Act Shortfalls

-0.00

Interest Advanced

3,331,974.86

TOTAL INTEREST COLLECTED

4,072,604.54

INTEREST - WITHDRAWALS

Total

Extraordinary Trust Fund Expenses

0.00

Interest Withdrawals

0.00

INTEREST - OTHER ACCOUNTS

Total

Prepayment Charges

63,403.70

Payments to and from the Swap Account

(184,263.72)

Swap Receipt

2,145,636.17

Swap Payment

(2,329,899.89)

Swap Termination Payment

0.00

Interest Rate Cap Amount

0.00

Basis Risk Cap Amount

0.00

Float Income

9,331.58

TOTAL INTEREST OTHER ACCOUNTS

-111,528.44

INTEREST FEES

Total

Current Servicing Fees

43,186.17

Trustee Fees

1,839.89

Credit Risk Manager Fees

6,215.86

PMI

110,809.20

PMI Claims (refer to Page 7)

TOTAL INTEREST FEES

162,051.11

Page 6 of 30

Soundview Home Loan Trust 2007-NS1

Mortgage Pass-Through Certificates

December 26, 2007 Distribution

Credit Enhancement Report

ACCOUNTS

Cap Account

Begining Balance

0.00

Amount Deposited

0.00

Amount Withdrawn

0.00

Ending Balance

0.00

Net WAC Rate Carryover Reserve Account

Begining Balance

0.00

Amount Deposited

0.00

Amount Withdrawn

0.00

Ending Balance

0.00

Swap Account

Begining Balance

0.00

Amount Deposited

184,263.72

Amount Withdrawn

184,263.72

Net SWAP Amount

(184,263.72)

Ending Balance

0.00

INSURANCE

Total

Amount of payments received from the Servicer

related to claims under each PMI Policy during

the related Prepayment Period (and the number

of Mortgage Loans to which such payments

related)

0.00

Cumulative amount of payments received related

to claims under each PMI Policy since the

Closing Date (and the number of Mortgage

Loans to which such payments related)

0.00

Dollar amount of claims made under each PMI

Policy that were denied (as identified by

the Servicer) during the Prepayment Period

(and the number of Mortgage Loans to which

such denials related)

0.00

Dollar amount of the cumulative claims made

under each PMI Policy that were denied since

the Closing Date (and the number of Mortgage

to which such denials related)

0.00

Page 7 of 30

Soundview Home Loan Trust 2007-NS1

Mortgage Pass-Through Certificates

December 26, 2007 Distribution

STRUCTURAL FEATURES

Total

Overcollateralization Amount - Prior Period

20,356,233.57

Current Period Losses

0.00

Overcollateralization Amount - After Losses

20,356,233.57

Overcollateralization Increase Amount

0.00

Overcollateralization Release Amount

0.00

Overcollateralization Amount - Ending

20,356,233.57

Overcollateralization Excess Amount

0.00

Overcollateralization Deficiency Amount

0.00

Overcollateralization Target Amount

20,356,233.57

Net Monthly Excess Cashflow

1,261,909.66

Page 8 of 30

Soundview Home Loan Trust 2007-NS1

Mortgage Pass-Through Certificates

December 26, 2007 Distribution

Collateral Report

COLLATERAL

Total

Loan Count:

Original

3,772

Prior

3,310

Prefunding

Scheduled Paid Offs

-0

Full Voluntary Prepayments

-46

Repurchases

-0

Liquidations

-0

Current

3,264

Principal Balance:

Original

678,541,119.12

Prior

596,722,332.43

Prefunding

0.00

Scheduled Principal

-297,595.41

Partial Prepayments

-11,318.95

Full Voluntary Prepayments

-7,059,722.97

Repurchases

-0.00

Liquidations

-0.00

Current

589,353,695.10

PREFUNDING

SPACE INTENTIONALLY LEFT BLANK

Page 9 of 30

Soundview Home Loan Trust 2007-NS1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
December 26, 2007 Distribution


CHARACTERISTICS
CHARACTERISTICS

							Total
Weighted Average Coupon Original							8.70495%
Weighted Average Coupon Prior							8.62200%
Weighted Average Coupon Current							8.60293%
Weighted Average Months to Maturity Original							352
Weighted Average Months to Maturity Prior							344
Weighted Average Months to Maturity Current							343
Weighted Avg Remaining Amortization Term Original							405
Weighted Avg Remaining Amortization Term Prior							399
Weighted Avg Remaining Amortization Term Current							398
Weighted Average Seasoning Original							4.83
Weighted Average Seasoning Prior							12.81
Weighted Average Seasoning Current							13.81

Page 10 of 30

Soundview Home Loan Trust 2007-NS1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
December 26, 2007 Distribution


ARM CHARACTERISTICS
ARM CHARACTERISTICS

							Total
Weighted Average Margin Original							6.11800%
Weighted Average Margin Prior							6.06221%
Weighted Average Margin Current							6.05090%
Weighted Average Max Rate Original							15.48000%
Weighted Average Max Rate Prior							15.40853%
Weighted Average Max Rate Current							15.39644%
Weighted Average Min Rate Original							8.48290%
Weighted Average Min Rate Prior							8.41118%
Weighted Average Min Rate Current							8.39914%
Weighted Average Cap Up Original							1.49740%
Weighted Average Cap Up Prior							1.49671%
Weighted Average Cap Up Current							1.49665%
Weighted Average Cap Down Original							1.49740%
Weighted Average Cap Down Prior							1.49671%
Weighted Average Cap Down Current							1.49665%




SERVICING FEES & ADVANCES
SERVICING FEES & ADVANCES

							Total




Current Servicing Fees							43,186.17
Delinquent Servicing Fees							205,448.14
TOTAL SERVICING FEES							248,634.31


Total Servicing Fees							248,634.31
Compensating Interest							-13,863.99
Delinquent Servicing Fees							-205,448.14
COLLECTED SERVICING FEES							29,322.18


Total Advanced Interest							3,331,974.86
Total Advanced Principal							241,023.67
Aggregate Advances with respect to this Distribution							0.00





ADDITIONAL COLLATERAL INFORMATION
ADDITIONAL COLLATERAL INFORMATION
							Total
Prepayment Interest Shortfall (PPIS)							13,863.99
Compensating Interest							(13,863.99)
Net Prepayment Interest Shortfall (PPIS)							0.00

Weighted Average Net Mortgage Rate							7.639784%
Ending Pool Stated Principal Balance							589,353,695.10





Page 11 of 30

Soundview Home Loan Trust 2007-NS1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
December 26, 2007 Distribution

Delinquency Report

TOTAL
		< 1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT	Balance		45,170,933.81	18,819,202.83	4,987,680.61	68,977,817.25
	% Balance		7.66%	3.19%	0.85%	11.70%
	# Loans		245	87	20	352
	% # Loans		7.51%	2.67%	0.61%	10.78%
FORECLOSURE	Balance	1,429,761.37	0.00	0.00	31,835,543.48	33,265,304.85
	% Balance	0.24%	0.00%	0.00%	5.40%	5.64%
	# Loans	11	0	0	149	160
	% # Loans	0.34%	0.00%	0.00%	4.56%	4.90%
BANKRUPTCY	Balance	1,990,545.85	62,539.61	410,592.39	1,236,877.58	3,700,555.43
	% Balance	0.34%	0.01%	0.07%	0.21%	0.63%
	# Loans	10	1	2	8	21
	% # Loans	0.31%	0.03%	0.06%	0.25%	0.64%
REO	Balance	0.00	0.00	0.00	9,346,416.02	9,346,416.02
	% Balance	0.00%	0.00%	0.00%	1.59%	1.59%
	# Loans	0	0	0	37	37
	% # Loans	0.00%	0.00%	0.00%	1.13%	1.13%
TOTAL	Balance	3,420,307.22	45,233,473.42	19,229,795.22	47,406,517.69	115,290,093.55
	% Balance	0.58%	7.68%	3.26%	8.04%	19.56%
	# Loans	21	246	89	214	570
	% # Loans	0.64%	7.54%	2.73%	6.56%	17.46%

Page 12 of 30

Soundview Home Loan Trust 2007-NS1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
December 26, 2007 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:
186302403 1	393,600.00	390,701.48	01-Apr-2007	5.950%	NV - 80.00%	360	01-Oct-2006
186302404 1	98,400.00	97,902.15	01-Mar-2007	11.220%	NV - 100.00%	360	01-Oct-2006
186302551 1	193,848.00	192,822.95	01-Mar-2007	6.890%	AZ - 80.00%	360	01-Nov-2006
186302589 1	386,708.00	384,911.53	01-Apr-2007	7.510%	AZ - 80.00%	360	01-Dec-2006
245410357 1	253,776.00	252,572.48	16-Mar-2007	7.560%	FL - 81.60%	360	16-Sep-2006
246405189 1	340,000.00	338,851.43	01-Mar-2007	8.750%	CA - 100.00%	360	01-Oct-2006
247306370 1	236,000.00	234,908.56	01-Apr-2007	7.650%	AZ - 80.00%	360	01-Oct-2006
248607371 1	198,400.00	197,325.61	01-Apr-2007	7.100%	NH - 80.00%	360	01-Oct-2006
249619802 1	230,749.50	229,451.58	01-Apr-2007	9.980%	AZ - 90.49%	360	01-Nov-2006
250801873 1	124,950.00	124,223.06	14-May-2007	10.200%	VA - 85.00%	360	14-Dec-2006
253508198 1	321,442.40	319,273.52	15-May-2007	9.850%	VA - 85.49%	360	15-Sep-2006
258219059 1	60,000.00	59,749.36	15-Feb-2007	12.450%	NY - 76.92%	360	15-Sep-2006
259110701 1	156,650.00	155,812.56	01-May-2007	9.750%	GA - 100.00%	360	01-Jan-2007
283201762 1	100,800.00	99,972.02	01-Jul-2007	8.930%	MO - 80.00%	360	01-Nov-2006
283701960 1	96,000.00	95,248.47	01-May-2007	8.330%	VA - 80.00%	360	01-Dec-2006
285706462 1	201,225.00	200,292.06	01-Jun-2007	10.430%	VA - 80.49%	360	01-Jan-2007
289601271 1	685,000.00	683,207.19	01-Mar-2007	8.760%	CA - 100.00%	360	01-Jan-2007
293400269 1	120,000.00	119,253.40	15-Feb-2007	10.590%	MI - 74.53%	360	15-Sep-2006


TOTAL	4,197,548.90	4,176,479.41

Became REO Property in a Prior Period:
186302517 1	228,003.00	227,237.00	01-Feb-2007	8.500%	AZ - 80.00%	360	01-Nov-2006
193100151 1	149,346.00	148,891.05	01-Apr-2007	8.550%	TX - 100.00%	360	01-Dec-2006
240315564 1	77,000.00	76,423.45	15-Mar-2007	8.700%	TN - 100.00%	360	15-Nov-2006
242824245 1	152,931.00	152,631.54	01-Mar-2007	10.330%	AZ - 80.49%	360	01-Oct-2006
243717463 1	253,600.00	251,089.00	01-Feb-2007	7.560%	AZ - 80.00%	360	01-Nov-2006
246011195 1	425,000.00	423,585.12	01-Apr-2007	8.800%	CA - 100.00%	360	01-Oct-2006
246405277 1	298,000.00	297,092.33	01-Feb-2007	8.550%	CA - 100.00%	360	01-Dec-2006
247604782 1	374,000.00	372,881.06	01-Mar-2007	8.900%	TX - 100.00%	360	01-Nov-2006
249125377 1	213,725.00	212,388.78	01-May-2007	8.990%	VA - 85.49%	360	01-Jan-2007
250801765 1	126,225.00	125,585.81	01-May-2007	10.510%	VA - 76.50%	360	01-Nov-2006
257808597 1	172,000.00	171,696.98	15-Jan-2007	10.680%	AZ - 80.00%	360	15-Oct-2006
257808649 1	43,000.00	42,839.41	15-Jan-2007	12.260%	AZ - 100.00%	360	15-Oct-2006
286600897 1	360,900.00	359,772.12	01-Feb-2007	8.750%	CA - 100.00%	360	01-Nov-2006
287302077 1	294,233.00	291,536.46	01-Feb-2007	9.260%	CA - 80.61%	360	01-Sep-2006
288805982 1	683,920.00	680,480.44	01-Feb-2007	7.350%	CA - 85.49%	360	01-Oct-2006
289601244 1	500,000.00	497,945.47	01-Feb-2007	7.510%	CA - 100.00%	360	01-Dec-2006
290802956 1	237,200.00	235,688.63	15-Mar-2007	7.920%	FL - 97.21%	360	15-Nov-2006
291103021 1	455,000.00	450,306.57	15-Jan-2007	7.350%	CA - 100.00%	360	15-Oct-2006
292500211 1	152,924.00	151,865.39	01-Apr-2007	9.650%	TX - 80.00%	360	01-Dec-2006


TOTAL	5,197,007.00	5,169,936.61
TOTAL

TOTAL	9,394,555.90	9,346,416.02
TOTAL


Page 13 of 30

Soundview Home Loan Trust 2007-NS1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
December 26, 2007 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:
148908066 1	173,283.00	172,721.92	01-Nov-2007	6.000%	MI - 80.00%	360	01-Nov-2006
148908232 1	219,824.00	218,482.32	01-Jul-2007	9.550%	FL - 80.00%	360	01-Dec-2006
186302469 1	287,268.00	285,965.43	01-Jul-2007	7.720%	CA - 80.00%	360	01-Oct-2006
186302470 1	71,816.00	71,481.02	01-Jul-2007	11.600%	CA - 100.00%	360	01-Oct-2006
186302618 1	122,287.00	121,178.74	01-Jul-2007	8.400%	TX - 80.00%	360	01-Nov-2006
186302671 1	346,748.00	346,748.00	01-Jul-2007	6.700%	NV - 80.00%	360	01-Dec-2006
240014011 1	30,980.00	30,913.64	01-Nov-2007	12.950%	TX - 100.00%	360	01-Oct-2006
240218740 1	210,841.70	209,075.07	01-Jul-2007	8.420%	WA - 90.49%	360	01-Nov-2006
240521577 1	81,441.00	80,714.43	01-Feb-2007	8.700%	OH - 90.49%	360	01-Dec-2006
242825981 1	308,465.00	305,647.35	01-Jun-2007	7.970%	NV - 95.50%	360	01-Dec-2006
243118355 1	198,175.00	197,278.34	01-Jun-2007	10.560%	OR - 90.49%	360	01-Dec-2006
243717292 1	229,844.60	228,399.62	01-Jul-2007	10.190%	AZ - 90.49%	360	01-Oct-2006
243717552 1	160,721.20	159,785.05	01-Jul-2007	10.180%	AZ - 85.49%	360	01-Nov-2006
244216240 1	201,792.70	200,872.12	01-Dec-2007	9.000%	OH - 90.49%	360	01-Jan-2007
245410411 1	118,400.00	117,742.09	01-Jul-2007	6.990%	CO - 80.00%	360	01-Oct-2006
245410413 1	29,600.00	29,462.58	01-Jun-2007	11.620%	CO - 100.00%	360	01-Oct-2006
245710102 1	129,600.00	129,134.79	01-Jul-2007	8.270%	FL - 80.00%	360	01-Nov-2006
246011260 1	412,600.00	411,124.21	01-Jul-2007	7.990%	CA - 90.48%	360	01-Dec-2006
246705494 1	76,125.00	75,865.73	01-Jul-2007	11.870%	NC - 47.58%	360	01-Dec-2006
247604678 1	99,920.00	98,756.89	01-Jul-2007	8.100%	NM - 80.00%	360	01-Oct-2006
248607420 1	159,200.00	158,502.93	01-Jul-2007	8.450%	FL - 80.00%	360	01-Nov-2006
248607467 1	215,940.00	214,941.38	01-Jul-2007	7.650%	FL - 80.00%	360	01-Oct-2006
248607585 1	249,900.00	249,121.05	01-Jul-2007	8.470%	FL - 100.00%	360	01-Dec-2006
249027409 1	288,000.00	287,341.05	01-Jul-2007	9.810%	MD - 80.00%	360	01-Oct-2006
249526939 1	130,200.00	129,375.78	01-Jul-2007	9.780%	FL - 72.74%	360	01-Nov-2006
249728133 1	432,000.00	431,191.66	01-Jul-2007	10.200%	CA - 80.00%	360	01-Dec-2006
251101516 1	444,000.00	441,897.82	01-Jul-2007	6.990%	CA - 80.00%	360	01-Dec-2006
251101547 1	493,000.00	491,225.92	01-Jul-2007	7.650%	CA - 100.00%	360	01-Jan-2007
252209629 1	409,000.00	406,089.28	01-Apr-2007	8.350%	FL - 77.17%	360	01-Dec-2006
252508153 1	68,695.90	68,434.14	14-Jul-2007	12.550%	OK - 75.49%	360	14-Sep-2006
253508213 1	388,000.00	387,222.09	01-Jul-2007	9.970%	MD - 100.00%	360	01-Nov-2006
253607098 1	79,500.00	78,986.26	01-Dec-2007	7.500%	TX - 69.13%	360	01-Sep-2006
253709715 1	385,000.00	383,580.84	01-Jul-2007	8.450%	CA - 100.00%	360	01-Oct-2006
253710328 1	489,550.90	485,515.24	01-Jul-2007	8.345%	CA - 90.49%	360	01-Dec-2006
257209970 1	60,000.00	59,545.28	15-Jul-2007	10.560%	NJ - 13.33%	360	15-Sep-2006
257808536 1	226,225.00	225,623.85	01-Jul-2007	9.530%	CA - 90.49%	360	01-Nov-2006
257808902 1	345,000.00	341,502.10	01-Jul-2007	7.010%	CA - 100.00%	360	01-Dec-2006
258520404 1	104,000.00	103,780.61	15-Jul-2007	9.800%	PA - 100.00%	360	15-Nov-2006
281302585 1	154,737.90	153,310.16	15-Jul-2007	8.310%	ID - 90.49%	360	15-Oct-2006
281302914 1	94,456.60	93,884.56	01-Jul-2007	9.990%	FL - 68.95%	360	01-Dec-2006
282500748 1	273,000.00	270,273.27	01-Jun-2007	8.000%	MD - 89.51%	360	01-Oct-2006
282501143 1	177,871.30	176,894.73	01-Jun-2007	10.060%	DE - 90.29%	360	01-Nov-2006
284509729 1	282,117.00	279,843.09	01-Jul-2007	8.180%	FL - 85.49%	360	01-Dec-2006
284509729 1	282,117.00			8.180%	FL - 85.49%


Page 14 of 30

Soundview Home Loan Trust 2007-NS1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
December 26, 2007 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
284809286 1
284809286 1	333,003.20	329,270.80	01-Jul-2007	7.320%	FL - 90.49%	360	01-Oct-2006

285106950 1	239,798.50	239,144.43	01-Jul-2007	8.930%	AZ - 90.49%	360	01-Dec-2006
287302117 1	220,000.00	219,144.67	01-Jul-2007	7.990%	AZ - 80.00%	360	01-Nov-2006
287302164 1	150,000.00	149,069.28	01-Jul-2007	9.470%	CA - 72.12%	360	01-Dec-2006
287502160 1	117,500.00	116,479.82	01-Dec-2007	7.000%	FL - 80.76%	360	01-Oct-2006
287701211 1	95,920.00	94,942.00	01-Jul-2007	7.410%	TX - 80.00%	360	01-Oct-2006
289806029 1	169,000.00	168,161.21	15-Jul-2007	10.540%	GA - 100.00%	360	15-Nov-2006
290305472 1	376,156.00	373,239.72	01-Jul-2007	8.790%	AZ - 85.49%	360	01-Nov-2006
290403987 1	225,700.00	224,172.50	15-Dec-2007	9.000%	CA - 85.49%	360	15-Oct-2006
291003771 1	319,338.50	316,800.65	01-Jul-2007	9.290%	MD - 87.49%	360	01-Nov-2006
291201592 1	150,000.00	149,088.95	15-Jul-2007	9.980%	FL - 58.82%	360	15-Nov-2006
292500199 1	86,000.00	85,398.43	01-Jul-2007	9.400%	TX - 80.00%	360	01-Nov-2006
293600299 1	352,260.00	350,270.94	01-Jul-2007	6.650%	FL - 97.85%	360	01-Nov-2006
389500048 1	75,000.00	74,523.91	15-Jul-2007	9.360%	IN - 100.00%	360	15-Dec-2006


TOTAL	12,368,803.00	12,299,139.74

Became Foreclosure Property in a Prior Period:
148907983 1	36,896.00	36,748.11	01-Jun-2007	12.300%	IL - 100.00%	360	01-Oct-2006
148908117 1	28,167.00	28,096.78	01-May-2007	14.090%	NC - 100.00%	360	01-Nov-2006
148908159 1	176,243.00	175,792.94	01-Jun-2007	9.440%	FL - 80.00%	360	01-Nov-2006
148908219 1	203,448.00	202,535.80	01-Jun-2007	7.340%	IL - 80.00%	360	01-Dec-2006
186302565 1	269,099.00	267,664.25	01-May-2007	6.860%	NV - 90.00%	360	01-Nov-2006
186302628 1	236,792.00	235,597.66	01-Apr-2007	6.760%	NV - 80.00%	360	01-Dec-2006
240013966 1	86,000.00	85,730.39	01-May-2007	12.670%	TX - 69.35%	360	01-Nov-2006
240014007 1	123,920.00	122,843.28	01-Dec-2007	7.000%	TX - 80.00%	360	01-Oct-2006
240521142 1	89,764.50	89,243.04	15-Jan-2007	10.300%	IN - 85.49%	360	15-Oct-2006
240521331 1	61,080.75	59,384.75	01-Oct-2007	11.950%	IN - 90.49%	180	01-Nov-2006
241223739 1	63,343.00	63,025.50	01-Jun-2007	10.060%	OH - 90.49%	360	01-Dec-2006
241924178 1	169,029.00	168,228.64	01-May-2007	10.330%	FL - 80.49%	360	01-Jan-2007
243420027 1	169,833.90	169,248.91	01-Jun-2007	12.240%	WI - 80.49%	360	01-Dec-2006
243716081 1	112,000.00	111,632.07	01-Mar-2007	9.550%	NM - 80.00%	360	01-Jul-2006
243821193 1	80,000.00	79,369.07	01-Apr-2007	9.090%	OH - 80.00%	360	01-Oct-2006
243821337 1	20,000.00	19,950.31	01-Mar-2007	14.460%	OH - 100.00%	360	01-Oct-2006
245410310 1	122,312.00	121,801.89	01-May-2007	8.270%	CO - 97.85%	360	01-Sep-2006
245410460 1	172,000.00	170,986.21	01-Jun-2007	7.160%	CO - 80.00%	360	01-Nov-2006
245410518 1	183,750.00	183,387.59	01-Mar-2007	9.720%	CO - 100.00%	360	01-Dec-2006
245410546 1	275,000.00	274,737.01	15-Feb-2007	9.060%	CO - 100.00%	360	15-Dec-2006
245710009 1	199,600.00	198,626.45	15-May-2007	7.460%	FL - 80.00%	360	15-Sep-2006
245710010 1	49,900.00	49,758.28	15-Jun-2007	13.860%	FL - 100.00%	180	15-Sep-2006
245710023 1	308,000.00	306,432.56	01-May-2007	7.570%	FL - 80.00%	360	01-Oct-2006
245710085 1	374,392.00	372,960.44	15-May-2007	8.320%	FL - 80.00%	360	15-Oct-2006
245710086 1	93,598.00	93,308.63	08-May-2007	13.480%	FL - 100.00%	180	08-Oct-2006
245710112 1	410,970.00	408,591.81	01-Jun-2007	6.560%	FL - 97.85%	360	01-Nov-2006
245710245 1	350,000.00	348,686.31	01-Jun-2007	7.820%	FL - 100.00%	360	01-Dec-2006
246010957 1	50,850.00	50,530.53	01-Mar-2007	11.190%	IN - 90.00%	360	01-Jun-2006
246011235 1	260,000.00	258,505.94	01-May-2007	6.280%	FL - 80.00%	360	01-Nov-2006
246011302 1	389,700.00	388,709.31	01-Apr-2007	8.860%	CA - 90.00%	360	01-Jan-2007


Page 15 of 30

Soundview Home Loan Trust 2007-NS1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
December 26, 2007 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
246206324 1
246206324 1	169,900.00	168,874.11	01-Mar-2007	9.160%	NH - 100.00%	360	01-Dec-2006

246405232 1	546,250.00	545,153.66	01-May-2007	10.250%	CA - 100.00%	360	01-Nov-2006
247306419 1	234,000.00	232,582.08	01-Jun-2007	6.390%	AZ - 96.30%	360	01-Nov-2006
247406266 1	82,500.00	82,054.31	01-Apr-2007	9.700%	LA - 100.00%	360	01-Dec-2006
247406297 1	106,000.00	105,487.06	13-Apr-2007	10.660%	TX - 100.00%	360	13-Dec-2006
247604392 1	128,000.00	127,308.99	15-May-2007	8.040%	FL - 100.00%	360	15-Jun-2006
248607423 1	200,000.00	199,042.71	01-Apr-2007	7.760%	FL - 80.00%	360	01-Oct-2006
248607424 1	50,000.00	49,807.58	01-Apr-2007	12.140%	FL - 100.00%	180	01-Oct-2006
249124723 1	58,549.00	58,317.86	15-May-2007	14.450%	NJ - 100.00%	360	15-Sep-2006
250801692 1	68,000.00	67,647.88	05-Mar-2007	11.110%	MD - 80.00%	360	05-Oct-2006
250901357 1	85,000.00	84,587.08	01-Dec-2007	7.970%	PA - 85.00%	360	01-Nov-2006
252508998 1	378,500.00	377,818.58	15-Jun-2007	10.620%	VA - 89.90%	360	15-Nov-2006
253207381 1	85,925.00	85,370.79	02-Jun-2007	9.690%	FL - 65.09%	360	02-Nov-2006
253307132 1	228,000.00	226,221.59	01-May-2007	8.760%	RI - 99.13%	360	01-Nov-2006
253709878 1	280,000.00	279,328.45	01-Jun-2007	9.915%	CA - 80.00%	360	01-Oct-2006
253709985 1	70,000.00	69,726.10	01-Jun-2007	12.410%	CA - 100.00%	360	01-Oct-2006
254512682 1	205,800.00	204,808.35	01-May-2007	10.680%	CA - 70.48%	360	15-Nov-2006
254512769 1	173,627.00	172,583.85	01-Jun-2007	10.180%	CA - 75.49%	360	01-Dec-2006
255815615 1	71,413.54	71,075.67	01-Apr-2007	12.200%	TX - 75.49%	360	01-Aug-2006
256417742 1	123,000.00	122,201.39	01-Jun-2007	9.250%	OH - 100.00%	360	01-Dec-2006
257113610 1	144,784.00	144,531.24	01-Feb-2007	10.430%	NJ - 90.49%	360	01-Nov-2006
257113727 1	159,866.30	158,912.30	15-Apr-2007	10.070%	DE - 85.49%	360	15-Nov-2006
257114273 1	209,274.00	208,168.34	01-Jun-2007	9.810%	DE - 80.49%	360	01-Jan-2007
257210111 1	70,000.00	69,451.60	15-Mar-2007	9.480%	NJ - 15.91%	360	15-Sep-2006
258612822 1	256,000.00	254,858.63	01-Mar-2007	7.780%	NJ - 80.00%	360	01-Oct-2006
258917650 1	344,700.00	343,724.67	01-May-2007	9.935%	CA - 74.13%	360	01-Oct-2006
280201521 1	112,686.00	111,940.68	15-Jun-2007	10.310%	PA - 80.49%	360	15-Nov-2006
280201966 1	137,000.00	136,255.27	01-Jun-2007	9.670%	PA - 100.00%	360	01-Jan-2007
283201225 1	105,400.00	105,084.62	02-Jun-2007	13.960%	MN - 100.00%	360	02-Sep-2006
283701490 1	166,999.50	165,492.04	01-Jun-2007	8.420%	FL - 65.49%	360	01-Oct-2006
284000862 1	101,348.80	100,695.90	15-Jan-2007	10.420%	MN - 90.49%	360	15-Sep-2006
284107936 1	247,921.00	247,056.51	15-Jan-2007	11.760%	CO - 85.49%	360	15-Dec-2006
284309953 1	204,444.60	203,316.37	15-Apr-2007	10.810%	FL - 80.49%	360	15-Oct-2006
284509814 1	95,919.40	95,419.69	01-May-2007	10.310%	OH - 90.49%	360	01-Jan-2007
285106813 1	292,000.00	290,468.86	01-May-2007	10.680%	NV - 100.00%	360	01-Nov-2006
286703638 1	306,950.00	305,652.10	01-Jul-2007	7.120%	PA - 86.46%	360	01-Jan-2007
287201275 1	530,600.00	528,989.38	01-May-2007	8.850%	CA - 81.63%	360	01-Nov-2006
287201307 1	592,000.00	589,209.20	01-May-2007	7.320%	AZ - 80.00%	360	01-Nov-2006
287502302 1	128,000.00	127,588.13	15-Mar-2007	8.360%	FL - 80.00%	360	15-Nov-2006
288805915 1	573,706.60	568,021.61	01-May-2007	7.950%	CA - 90.49%	360	01-Oct-2006
288806357 1	202,029.90	200,462.82	01-Dec-2007	6.000%	CA - 80.49%	360	01-Dec-2006
288903973 1	392,000.00	388,994.61	01-Jun-2007	8.430%	MA - 82.18%	360	01-Dec-2006
289500919 1	108,000.00	107,310.57	01-May-2007	9.740%	PA - 75.00%	360	01-Oct-2006
289500989 1	66,000.00	65,575.06	01-Apr-2007	9.290%	IN - 80.00%	360	01-Dec-2006
289601132 1	278,000.00	276,562.82	01-Apr-2007	7.510%	CA - 80.00%	360	01-Sep-2006
289601191 1	440,000.00	437,396.18	01-Apr-2007	6.760%	CA - 80.00%	360	01-Oct-2006
289601204 1	370,800.00	369,624.11	01-Apr-2007	8.410%	CA - 80.00%	360	01-Nov-2006


Page 16 of 30

Soundview Home Loan Trust 2007-NS1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
December 26, 2007 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
289601227 1
289601227 1	378,000.00	375,970.56	01-May-2007	6.990%	CA - 90.00%	360	01-Dec-2006

289601297 1	486,000.00	485,436.57	01-May-2007	8.560%	CA - 100.00%	360	01-Jan-2007
289805229 1	37,500.00	37,367.33	15-Jun-2007	12.870%	FL - 70.45%	360	15-Sep-2006
290205032 1	40,500.00	40,387.18	01-Apr-2007	13.950%	AZ - 99.33%	360	01-Oct-2006
290305905 1	262,421.00	261,026.86	01-May-2007	9.780%	NV - 90.49%	360	01-Jan-2007
290503988 1	393,254.00	391,886.36	01-Jun-2007	8.380%	CA - 85.49%	360	01-Nov-2006
290802597 1	445,000.00	442,953.70	15-May-2007	7.670%	CA - 100.00%	360	15-Nov-2006
290802633 1	128,784.00	127,911.44	15-May-2007	9.830%	ID - 80.49%	360	15-Oct-2006
290802803 1	247,104.30	246,054.33	03-Jun-2007	11.270%	MD - 80.49%	360	03-Nov-2006
291302368 1	145,400.00	144,966.26	01-Apr-2007	8.910%	FL - 74.18%	360	01-Nov-2006
292500176 1	142,000.00	141,086.06	01-Jun-2007	9.700%	AR - 100.00%	360	01-Nov-2006
293200476 1	168,000.00	166,662.83	01-Mar-2007	8.660%	IN - 80.00%	360	01-Oct-2006
293200479 1	42,000.00	41,910.11	01-Mar-2007	14.760%	IN - 100.00%	360	01-Oct-2006
293200518 1	51,300.00	51,014.17	01-Jun-2007	9.990%	IN - 90.00%	360	01-Nov-2006
293200541 1	79,145.20	78,622.91	15-Mar-2007	9.580%	KY - 87.55%	360	15-Nov-2006
293300369 1	221,850.00	220,760.11	01-Jun-2007	10.160%	VA - 76.50%	360	01-Dec-2006
293600266 1	202,500.00	201,822.72	01-Mar-2007	9.260%	FL - 90.00%	360	01-Oct-2006
293600296 1	388,000.00	386,050.15	01-Jun-2007	7.330%	FL - 80.00%	360	01-Nov-2006
293600297 1	97,000.00	96,658.23	01-Jun-2007	13.470%	FL - 100.00%	360	01-Nov-2006
293700153 1	492,000.00	489,686.26	01-Apr-2007	7.590%	FL - 80.00%	360	01-Oct-2006
293800115 1	142,380.00	141,403.16	01-May-2007	9.390%	MN - 90.00%	360	01-Nov-2006
293800121 1	174,533.00	174,037.11	01-Jun-2007	8.790%	TX - 90.00%	360	01-Nov-2006
293800129 1	159,992.00	159,992.00	01-Mar-2007	9.125%	SC - 80.00%	360	01-Nov-2006
293800263 1	376,288.00	375,208.89	01-Apr-2007	8.450%	CA - 100.00%	360	01-Jan-2007
296600008 1	139,392.00	138,337.18	01-Nov-2007	3.500%	TX - 90.00%	360	01-Dec-2006
296600022 1	479,992.00	476,076.77	01-May-2007	8.120%	CA - 80.00%	360	01-Dec-2006


TOTAL	21,066,918.29	20,966,165.11


TOTAL	33,435,721.29	33,265,304.85
TOTAL


Page 17 of 30

Soundview Home Loan Trust 2007-NS1

Mortgage Pass-Through Certificates

December 26, 2007 Distribution

Prepayment Report

VOLUNTARY PREPAYMENTS

Total

Current

Number of Paid in Full Loans

Number of Repurchased Loans

Total Number of Loans Prepaid in Full

Curtailments Amount

11,318.95

Paid in Full Balance

7,059,722.97

Repurchased Loans Balance

0.00

Total Prepayment Amount

7,071,041.92

Cumulative

Number of Paid in Full Loans

441

Number of Repurchased Loans

Total Number of Loans Prepaid in Full

505

Paid in Full Balance

72,718,147.79

Repurchased Loans Balance

12,804,960.01

Curtailments Amount

274,643.41

Total Prepayment Amount

85,797,751.21

Page 18 of 30

Soundview Home Loan Trust 2007-NS1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
December 26, 2007 Distribution


PREPAYMENTS RATES



		Total





SMM	1.19%
3 Months Avg SMM	1.30%
12 Months Avg SMM	1.35%
Avg SMM Since Cut-off	1.35%



CPR	13.33%
3 Months Avg CPR	14.54%
12 Months Avg CPR	15.07%
Avg CPR Since Cut-off	15.07%



PSA	482.80%
3 Months Avg PSA Approximation	567.36%
12 Months Avg PSA Approximation	808.71%
Avg PSA Since Cut-off Approximation	808.71%

Page 19 of 30

Soundview Home Loan Trust 2007-NS1

Mortgage Pass-Through Certificates

December 26, 2007 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/(0.20%*min(30,WAS))

Average SMM over period between nth month and mth month (AvgSMMn,m): 1 - [(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/(0.20%*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 20 of 30

Soundview Home Loan Trust 2007-NS1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
December 26, 2007 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

148908104 1		246,575.00	245,603.93	27-Nov-2007	7.650%	IL - 89.48%	Paid Off - 360	01-Dec-2006
148908104 1		246,575.00	245,603.93	27-Nov-2007	7.650%	IL - 89.48%	Paid Off - 360	01-Dec-2006
186302427 1		218,636.00	217,581.98	02-Nov-2007	7.250%	AZ - 80.00%	Paid Off - 360	01-Nov-2006
240315737 1		130,597.70	129,669.58	15-Nov-2007	8.810%	GA - 75.49%	Paid Off - 360	01-Dec-2006
242221407 1		366,000.00	363,756.61	30-Nov-2007	9.530%	CO - 83.18%	Paid Off - 360	01-Nov-2006
242824880 1		60,000.00	59,636.46	12-Nov-2007	10.060%	AZ - 43.80%	Paid Off - 360	15-Nov-2006
242826018 1		169,270.20	168,118.87	02-Nov-2007	9.260%	CA - 85.27%	Paid Off - 360	15-Dec-2006
243117567 1		55,000.00	54,787.80	15-Nov-2007	12.110%	CA - 79.31%	Paid Off - 360	01-Oct-2006
243217272 1		92,512.00	91,957.52	26-Nov-2007	10.050%	WA - 50.01%	Paid Off - 360	01-Nov-2006
243323795 1		102,666.00	101,801.96	20-Nov-2007	9.370%	TX - 75.49%	Paid Off - 360	15-Oct-2006
243420093 1		205,110.00	204,015.81	26-Nov-2007	9.760%	WI - 90.00%	Paid Off - 360	15-Dec-2006
244128935 1		42,000.00	41,900.23	05-Nov-2007	14.300%	NC - 61.14%	Paid Off - 360	01-Oct-2006
244129085 1		457,183.20	454,834.05	08-Nov-2007	9.940%	NC - 80.49%	Paid Off - 360	01-Dec-2006
244523324 1		103,027.20	102,443.19	02-Nov-2007	10.310%	SC - 80.49%	Paid Off - 360	15-Sep-2006
246705441 1		277,750.00	274,494.93	14-Nov-2007	8.150%	MD - 69.44%	Paid Off - 360	01-Oct-2006
249527098 1		90,735.00	90,148.41	30-Nov-2007	9.990%	FL - 54.17%	Paid Off - 360	15-Nov-2006
249619707 1		128,000.00	124,242.90	21-Nov-2007	10.370%	TX - 80.00%	Paid Off - 180	01-Nov-2006
249620105 1		182,948.60	181,082.40	16-Nov-2007	6.980%	CT - 85.49%	Paid Off - 360	01-Dec-2006
253207144 1		126,686.00	125,940.37	15-Nov-2007	10.130%	GA - 90.49%	Paid Off - 360	01-Oct-2006
253607550 1		35,000.00	33,931.67	20-Nov-2007	12.080%	TX - 58.52%	Paid Off - 180	01-Oct-2006
253807509 1		141,000.00	140,183.89	28-Nov-2007	9.390%	AZ - 68.78%	Paid Off - 360	01-Dec-2006
254009892 1		284,881.50	283,178.30	16-Nov-2007	10.430%	NY - 65.49%	Paid Off - 360	15-Sep-2006
255322973 1		60,000.00	59,635.17	02-Nov-2007	10.350%	TX - 76.92%	Paid Off - 360	02-Sep-2006
256214209 1		117,764.40	116,715.65	19-Nov-2007	7.810%	LA - 75.49%	Paid Off - 360	01-Dec-2006
257808846 1		327,000.00	326,158.91	30-Nov-2007	9.130%	CA - 84.28%	Paid Off - 360	01-Nov-2006
258520209 1		74,000.00	73,300.92	29-Nov-2007	13.530%	PA - 99.89%	Paid Off - 360	11-Oct-2006
258917989 1		196,363.30	196,046.39	19-Nov-2007	10.690%	NY - 90.49%	Paid Off - 360	15-Nov-2006
259110024 1		152,000.00	150,184.49	26-Nov-2007	6.990%	CO - 80.00%	Paid Off - 360	15-Sep-2006
259110095 1		38,000.00	36,643.36	27-Nov-2007	9.990%	CO - 100.00%	Paid Off - 180	15-Sep-2006
259110324 1		135,600.00	134,814.12	30-Nov-2007	9.800%	GA - 80.00%	Paid Off - 360	01-Dec-2006
259110358 1		51,750.00	51,419.74	09-Nov-2007	9.600%	TX - 90.00%	Paid Off - 360	01-Nov-2006
259613315 1		145,000.00	144,244.24	07-Nov-2007	11.080%	GA - 56.86%	Paid Off - 360	15-Sep-2006
259613340 1		65,000.00	64,786.30	05-Nov-2007	12.840%	NJ - 38.57%	Paid Off - 360	11-Oct-2006
280201166 1		127,500.00	126,752.06	05-Nov-2007	10.180%	VA - 85.00%	Paid Off - 360	15-Sep-2006
281302850 1		147,897.70	147,352.11	05-Nov-2007	11.500%	VA - 85.49%	Paid Off - 360	03-Dec-2006
283604287 1		247,921.00	246,516.67	20-Nov-2007	9.910%	DE - 85.49%	Paid Off - 360	01-Nov-2006
283701891 1		122,794.70	122,179.39	08-Nov-2007	10.060%	VT - 60.49%	Paid Off - 360	01-Dec-2006
285405543 1		538,478.10	536,485.10	23-Nov-2007	7.870%	MD - 80.49%	Paid Off - 360	15-Nov-2006
288206165 1		194,000.00	192,628.09	28-Nov-2007	9.510%	NY - 58.43%	Paid Off - 360	13-Oct-2006
288805432 1		285,484.50	283,432.47	20-Nov-2007	8.750%	CA - 70.49%	Paid Off - 360	01-Nov-2006
288903551 1		84,000.00	81,554.72	26-Nov-2007	11.540%	MA - 31.70%	Paid Off - 180	01-Oct-2006


Page 21 of 30

Soundview Home Loan Trust 2007-NS1

Mortgage Pass-Through Certificates

December 26, 2007 Distribution

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

Loan Number

Original

Current

State &

Type Prepayment

First

Loan

Principal

Prepayment

Note

LTV at

Payment

Loan Group

Status

Balance

Amount

Date

Rate

Origination

Original Term

Date

292100527 1

92,000.00

91,101.99

14-Nov-2007

7.640%

NM - 80.00%

Paid Off - 360

01-Oct-2006

292100528 1

23,000.00

22,921.00

14-Nov-2007

12.670%

NM - 100.00%

Paid Off - 360

01-Oct-2006

293200511 1

50,000.00

49,701.29

28-Nov-2007

10.060%

IN - 46.73%

Paid Off - 360

15-Oct-2006

293300263 1

88,000.00

87,339.20

28-Nov-2007

8.630%

PA - 76.52%

Paid Off - 360

01-Nov-2006

347600114 1

120,000.00

119,264.49

07-Nov-2007

9.530%

OK - 100.00%

Paid Off - 360

01-Nov-2006

393700048 1

110,000.00

109,234.24

14-Nov-2007

10.060%

GA - 100.00%

Paid Off - 360

15-Dec-2006

TOTAL

7,109,132.10

7,059,722.97

Page 22 of 30

Soundview Home Loan Trust 2007-NS1

Mortgage Pass-Through Certificates

December 26, 2007 Distribution

Realized Loss Report

COLLATERAL REALIZED LOSSES

Total

Current

Subsequent Recoveries

83.34

Number of Loans Liquidated

Collateral Principal Realized Loss/(Gain) Amount

0.00

Collateral Interest Realized Loss/(Gain) Amount

(83.34)

Net Liquidation Proceeds

83.34

Cumulative

Number of Loans Liquidated

Collateral Realized Loss/(Gain) Amount

31,039.25

Net Liquidation Proceeds

309,914.54

Cumulative Subsequent Recoveries

83.34

Page 23 of 30

Soundview Home Loan Trust 2007-NS1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
December 26, 2007 Distribution


DEFAULT SPEEDS

								Total




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


CDR								0.00%
3 Months Avg CDR								0.22%
12 Months Avg CDR								0.07%
Avg CDR Since Cut-off								0.07%


SDA								0.00%
3 Months Avg SDA Approximation								87.48%
12 Months Avg SDA Approximation								36.11%
Avg SDA Since Cut-off Approximation								36.09%


Loss Severity Approximation for Current Period								0.00%
3 Months Avg Loss Severity Approximation								9.13%
12 Months Avg Loss Severity Approximation								9.13%
Avg Loss Severity Approximation Since Cut-off								9.13%

Page 24 of 30

Soundview Home Loan Trust 2007-NS1

Mortgage Pass-Through Certificates

December 26, 2007 Distribution

COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY

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

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

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

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

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

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

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

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

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

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

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

Dates correspond to distribution dates.

Charged off or Partially Charged off Loans assumed to have a minimum 100% Loss Severity Percentage.

Page 25 of 30

Soundview Home Loan Trust 2007-NS1

Mortgage Pass-Through Certificates

December 26, 2007 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)

249027995 1

AR - 90.49%

360

Revision

(83.34)

TOTAL

(83.34)

Page 26 of 30

Soundview Home Loan Trust 2007-NS1

Mortgage Pass-Through Certificates

December 26, 2007 Distribution

Triggers and Adj. Cert. Report

TRIGGER EVENTS

Total

Stepdown Date Occurred?

Credit Enhancement Percentage (For Stepdown Date)

25.7323%

Applicable % (On and After Stepdown Date)

35.7900%

Trigger Event In Effect?

Delinquency Percentage

11.4067%

Credit Enhancement Percentage (For Trigger)

25.4145%

Cumulative Realized Losses

31,039.25

Stated Principal Balance as of Cutoff Date

678,541,119.12

Realized Loss Percentage

0.0046%

Cumulative Loss Trigger Percentage Threshold

100.0000%

Swap Provider Trigger Event?

Servicer Termination Trigger Event?

ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK

ADDITIONAL INFORMATION

Total

Libor for Current Period

4.783130%

Libor Rate Determination Date

11/21/2007

Libor for Next Period

4.865000%

Libor Next Rate Determination Date

12/21/2007

Page 27 of 30

Soundview Home Loan Trust 2007-NS1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
December 26, 2007 Distribution

Additional Certificate Report

ADDITIONAL CERTIFICATE REPORT

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


CLASS
	A-1	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	A-2	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	A-3	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	A-4	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	M-1	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	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	$0.00	$0.00	$0.00	$0.00
	M-5	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	M-6	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	M-7	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	M-8	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	M-9	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	M-10	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00




Page 28 of 30

Soundview Home Loan Trust 2007-NS1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
December 26, 2007 Distribution


ADDITIONAL CERTIFICATE REPORT

		Next Pass Through Rate


CLASS
	A-1	4.98500%
	A-2	5.01500%
	A-3	5.06500%
	A-4	5.16500%
	M-1	5.21500%
	M-2	5.31500%
	M-3	5.46500%
	M-4	5.76500%
	M-5	5.86500%
	M-6	6.16500%
	M-7	6.86500%
	M-8	6.86500%
	M-9	6.86500%
	M-10	6.86500%




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Soundview Home Loan Trust 2007-NS1



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
December 26, 2007 Distribution

Other Related Information
ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
							Total
Current Scheduled Payments							4,575,564.75
Current Scheduled Payments 1 Month Prior							4,651,504.70
Current Scheduled Payments 2 Month Prior							4,715,866.25
Current Scheduled Payments 3 Month Prior							4,764,877.19
Current Scheduled Payments 4 Month Prior							4,846,513.74
Current Scheduled Payments 5 Month Prior							4,917,858.39
Current Scheduled Payments 6 Month Prior							4,983,341.90
Current Scheduled Payments 7 Month Prior							5,055,130.96
Current Scheduled Payments 8 Month Prior							5,179,584.86
Current Scheduled Payments 9 Month Prior							5,234,781.80
Current Scheduled Payments 10 Month Prior							0.00
Current Scheduled Payments 11 Month Prior							0.00

Delinquent 60+ Scheduled Payments							537,662.83
Delinq. 60+ Sched. Pmnts, 1 Month Prior							438,206.23
Delinq. 60+ Sched. Pmnts, 2 Month Prior							353,643.84
Delinq. 60+ Sched. Pmnts, 3 Month Prior							295,305.85
Delinq. 60+ Sched. Pmnts, 4 Month Prior							214,264.92
Delinq. 60+ Sched. Pmnts, 5 Month Prior							145,402.12
Delinq. 60+ Sched. Pmnts, 6 Month Prior							85,390.65
Delinq. 60+ Sched. Pmnts, 7 Month Prior							26,377.40
Delinq. 60+ Sched. Pmnts, 8 Month Prior							48,094.11
Delinq. 60+ Sched. Pmnts, 9 Month Prior							11,424.44
Delinq. 60+ Sched. Pmnts, 10 Month Prior							0.00
Delinq. 60+ Sched. Pmnts, 11 Month Prior							0.00





Page 30 of 30

Soundview Home Loan Trust 2007-NS1 10-D