Content:

Pages

Contact Information:

11/27/2006

Statement to Certificate Holders

Analyst:

Isil Rahmanian

714.259.6825

Statement to Certificate Holders (Factors)

isil.rahmanian@abnamro.com

Pool/Non-Pool Funds Cash Reconciliation

10/25/2006

Administrator:

Emily Siguenza

312.992.2833

Cash Reconciliation Summary

5-6

emily.siguenza@abnamro.com

Pool Detail and Performance Indicators

7-9

LaSalle Website:

www.etrustee.net

Bond Interest Reconciliation Part I

12/26/2006

Bond Interest Reconciliation Part II

Bond Principal Reconciliation

Outside Parties To The Transaction

Rating Information

10/31/2006

15 Month Loan Status Summary Part I

14-19

15 Month Loan Status Summary Part II

20-25

15 Month Historical Payoff Summary

26-28

Prepayment Summary

Mortgage Loan Characteristics Part I

Mortgage Loan Characteristics Part II

31-33

Geographic Concentration

9/27/2006

Current Period Realized Loss Detail

Historical Realized Loss Summary

36-38

Realized Loss Summary

10/25/2006

Servicemembers Civil Relief Act

Material Breaches Detail

Modified Loan Detail

Collateral Asset Changes

9/25/2037

Historical Collateral Level REO Report

44-46

11/15/2006

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

ABN AMRO Acct : 724101.2

Payment Date:

27-Nov-06

Prior Payment:

25-Oct-06

Next Payment:

26-Dec-06

Record Date:

31-Oct-06

Distribution Count:

Depositor: Merrill Lynch Mortgage Investors, Inc.

Underwriter: Merrill Lynch & Company

Closing Date:

27-Sep-06

Master Servicer: Wilshire Credit Corporation

First Pay. Date:

Rating Agency: Moody's Investors Service, Inc./Standard & Poor's Rating Services

25-Oct-06

Rated Final

Payment Date:

25-Sep-37

Delinq Method:

OTS

Determination Date:

15-Nov-06

19-Dec-2006 17:39

A-1

59023QAA9

176,227,000.00

175,156,063.84

2,249,798.37

0.00

172,906,265.47

878,261.70

0.00

5.4700000000%

A-2A

59023QAB7

121,402,000.00

119,965,814.71

2,795,450.77

0.00

117,170,363.94

593,830.78

0.00

5.4000000000%

A-2B

59023QAC5

59,623,000.00

0.00

59,623,000.00

296,226.94

0.00

5.4200000000%

A-2C

59023QAD3

59,881,000.00

0.00

59,881,000.00

301,351.13

0.00

5.4900000000%

A-2D

59023QAE1

20,930,000.00

0.00

20,930,000.00

107,056.95

0.00

5.5800000000%

M-1

59023QAF8

26,749,000.00

0.00

26,749,000.00

138,047.13

0.00

5.6300000000%

M-2

59023QAG6

23,585,000.00

0.00

23,585,000.00

121,934.45

0.00

5.6400000000%

M-3

59023QAH4

8,341,000.00

0.00

8,341,000.00

43,275.89

0.00

5.6600000000%

M-4

59023QAJ0

12,080,000.00

0.00

12,080,000.00

63,450.20

0.00

5.7300000000%

M-5

59023QAK7

9,204,000.00

0.00

9,204,000.00

48,428.38

0.00

5.7400000000%

M-6

59023QAL5

7,766,000.00

0.00

7,766,000.00

41,218.05

0.00

5.7900000000%

B-1

59023QAM3

8,916,000.00

0.00

8,916,000.00

50,427.41

0.00

6.1700000000%

B-2

59023QAN1

6,327,000.00

0.00

6,327,000.00

36,944.41

0.00

6.3700000000%

B-3

59023QAP6

6,903,000.00

0.00

6,903,000.00

46,635.52

0.00

7.3700000000%

B-4

59023QAQ4/U56253AA2

6,040,000.00

0.00

6,040,000.00

43,296.73

0.00

7.8200000000%

59023QAS0

575,264,263.75 N

572,751,656.55

0.00

567,706,407.41

1,074,994.84

(22.00)

2.2523203378%

59023QAR2

0.00

66,535.74

N/A

59023QAT8

100.00

0.00

N/A

Total

553,974,100.00

551,466,878.55

5,045,249.14

0.00

546,421,629.41

3,951,916.25

66,513.74

Total P&I Payment

8,997,165.39

Principal

Adjustment or Loss

Class

CUSIP

Beginning

Certificate Balance

Principal Payment

Original Face Value

(1)

N denotes notional balance not included in total

(2)

Accrued Interest plus/minus Interest Adjustment minus Deferred Interest equals Interest Payment

Interest

Adjustment

Bond Payments

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Revised Date: 19-Dec-06

Distribution Date: 27-Nov-06

Pass-Through

Rate

Deferred Interest

Ending Certificate

Balance

Interest Payment

(2)

19-Dec-2006 17:39

Page 2 of 48

A-1

59023QAA9

176,227,000.00

993.922973438

12.766479427

0.000000000

981.156494011

4.983695461

0.000000000

5.47000000%

A-2A

59023QAB7

121,402,000.00

988.170003048

23.026398000

0.000000000

965.143605048

4.891441492

0.000000000

5.40000000%

A-2B

59023QAC5

59,623,000.00

1000.000000000

0.000000000

1000.000000000

4.968333361

0.000000000

5.42000000%

A-2C

59023QAD3

59,881,000.00

1000.000000000

0.000000000

1000.000000000

5.032499958

0.000000000

5.49000000%

A-2D

59023QAE1

20,930,000.00

1000.000000000

0.000000000

1000.000000000

5.115000000

0.000000000

5.58000000%

M-1

59023QAF8

26,749,000.00

1000.000000000

0.000000000

1000.000000000

5.160833302

0.000000000

5.63000000%

M-2

59023QAG6

23,585,000.00

1000.000000000

0.000000000

1000.000000000

5.170000000

0.000000000

5.64000000%

M-3

59023QAH4

8,341,000.00

1000.000000000

0.000000000

1000.000000000

5.188333533

0.000000000

5.66000000%

M-4

59023QAJ0

12,080,000.00

1000.000000000

0.000000000

1000.000000000

5.252500000

0.000000000

5.73000000%

M-5

59023QAK7

9,204,000.00

1000.000000000

0.000000000

1000.000000000

5.261666667

0.000000000

5.74000000%

M-6

59023QAL5

7,766,000.00

1000.000000000

0.000000000

1000.000000000

5.307500644

0.000000000

5.79000000%

B-1

59023QAM3

8,916,000.00

1000.000000000

0.000000000

1000.000000000

5.655833333

0.000000000

6.17000000%

B-2

59023QAN1

6,327,000.00

1000.000000000

0.000000000

1000.000000000

5.839167062

0.000000000

6.37000000%

B-3

59023QAP6

6,903,000.00

1000.000000000

0.000000000

1000.000000000

6.755833695

0.000000000

7.37000000%

B-4

59023QAQ4/U56253AA2

6,040,000.00

1000.000000000

0.000000000

1000.000000000

7.168332781

0.000000000

7.82000000%

59023QAS0

575,264,263.75 N

995.632255716

0.000000000

986.861940127

1.868697410

(0.000038243)

N/A

59023QAR2

0.00

0.000000000

N/A

59023QAT8

100.00

0.000000000

N/A

Bond Payments

Principal

Adjustment or

Loss

Original Face

Value

Class

CUSIP

Beginning Certificate

Balance *

Principal Payment

Series 2006-RM4

Mortgage Loan Asset-Backed Certificates

* Per $1,000 of Original Face Value ** Estimated

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Next Rate **

Deferred Interest *

Ending Certificate

Balance *

Interest Payment *

Interest Adjustment*

Statement to Certificate Holders (FACTORS)

Distribution Date: 27-Nov-06

19-Dec-2006 17:39

Page 3 of 48

Interest Summary

Principal Summary

Supplemental Interest Trust

Interest Summary

Principal Summary

Net Swap Payments received

0.00

Scheduled Interest

4,124,049.02

Scheduled Prin Distribution

203,784.72

Net Swap Payments paid

0.00

Fees

238,646.52

Curtailments

39,879.91

Remittance Interest

3,885,402.50

Prepayments in Full

4,801,584.51

Swap Termination Payments received

0.00

Other Interest Proceeds/Shortfalls

Liquidation Proceeds

0.00

Swap Termination Payments paid

0.00

Prepayment Penalties

66,535.74

Repurchase Proceeds

0.00

Other Interest Loss

0.00

Other Principal Proceeds

0.00

Defaulted Swap Termination Payments

0.00

Other Interest Proceeds

0.00

Remittance Principal

5,045,249.14

Non-advancing Interest

(22.00)

Non-Supported Interest Shortfall

0.00

Cap Contracts

Relief Act Shortfall

0.00

Modification Shortfall

0.00

Class A-1

0.00

Other Interest Proceeds/Shortfalls

66,513.74

Class A-2A

0.00

Interest Adjusted

3,951,916.24

Floating Rate Subordinate Certificates

0.00

Fee Summary

Total Servicing Fees

238,646.52

Total Trustee Fees

0.00

LPMI Fees

0.00

Credit Manager's Fees

0.00

Unpaid Serv Fees (Charged-off Loans)

0.00

Misc. Fees / Trust Expense

0.00

Insurance Premium

0.00

Total Fees

238,646.52

Advances (Principal & Interest)

Prior Month's Outstanding Advances

3,898,632.70

Current Advances

3,760,398.44

Reimbursement of Prior Advances

3,305,990.00

Outstanding Advances

4,353,039.62

P&I Due Certificate Holders

8,997,165.38

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Pool Source of Funds

Non-Pool Source of Funds

P&I Advances as of the end of the Due Period do not reflect the amount of advances remitted by the Servicer on the Servicer Remittance Date due to additional proceeds received between the end of the Due Period and the Servicer Remittance Date and netted from the P&I Advances stated as of the end
of the Due Period.

Distribution Date: 27-Nov-06

Cash Reconciliation Summary

19-Dec-2006 17:39

Page 4 of 48

Fixed

ARM

Total

Interest Summary

Scheduled Interest

323,115.72

1,342,380.59

1,665,496.31

Fees

18,437.88

77,540.51

95,978.39

Remittance Interest

304,677.84

1,264,840.08

1,569,517.92

Other Interest Proceeds/Shortfalls

Prepayment Penalties

1,582.11

44,691.55

46,273.66

Other Interest Loss

0.00

Other Interest Proceeds

0.00

Non-advancing Interest

0.00

(22.00)

Net PPIS/Relief Act Shortfall

0.00

Modification Shortfall

0.00

Other Interest Proceeds/Shortfalls

1,582.11

44,669.55

46,251.66

Interest Adjusted

306,259.95

1,309,509.63

1,615,769.58

Principal Summary

Scheduled Principal Distribution

27,794.86

64,743.03

92,537.89

Curtailments

6,530.15

8,029.35

14,559.50

Prepayments in Full

32,971.32

2,109,729.66

2,142,700.98

Liquidation Proceeds

0.00

Repurchase Proceeds

0.00

Other Principal Proceeds

0.00

Less Mod Losses

0.00

Remittance Principal

67,296.33

2,182,502.04

2,249,798.37

Fee Summary

Total Servicing Fees

18,437.88

77,540.51

95,978.39

Total Trustee Fees

0.00

LPMI Fees

0.00

Misc. Fees

0.00

Total Fees

18,437.88

77,540.51

95,978.39

Beginning Principal Balance

44,250,918.13

186,097,217.58

230,348,135.71

Ending Principal Balance

44,183,621.80

183,914,715.54

228,098,337.34

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

Cash Reconciliation Summary Group I

19-Dec-2006 17:39

Page 5 of 48

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

Fixed

ARM

Total

Interest Summary

Scheduled Interest

495,368.49

1,963,184.22

2,458,552.71

Fees

24,019.56

118,648.57

142,668.13

Remittance Interest

471,348.93

1,844,535.65

2,315,884.58

Other Interest Proceeds/Shortfalls

Prepayment Penalties

0.00

20,262.08

Other Interest Loss

0.00

Other Interest Proceeds

0.00

Non-advancing Interest

0.00

Net PPIS/Relief Act Shortfall

0.00

Modification Shortfall

0.00

Other Interest Proceeds/Shortfalls

0.00

20,262.08

Interest Adjusted

471,348.93

1,864,797.73

2,336,146.66

Principal Summary

Scheduled Principal Distribution

28,143.09

83,103.74

111,246.83

Curtailments

11,525.17

13,795.24

25,320.41

Prepayments in Full

311,968.30

2,346,915.23

2,658,883.53

Liquidation Proceeds

0.00

Repurchase Proceeds

0.00

Other Principal Proceeds

0.00

Less Mod Losses

0.00

Remittance Principal

351,636.56

2,443,814.21

2,795,450.77

Fee Summary

Total Servicing Fees

24,019.56

118,648.57

142,668.13

Total Trustee Fees

0.00

LPMI Fees

0.00

Misc. Fees

0.00

Total Fees

24,019.56

118,648.57

142,668.13

Beginning Principal Balance

57,646,953.58

284,756,567.26

342,403,520.84

Ending Principal Balance

57,295,317.02

282,312,753.05

339,608,070.07

Cash Reconciliation Summary Group II

19-Dec-2006 17:39

Page 6 of 48

Pool Detail

Performance Indicators

Factors Impacting Principal Payment Rules

WA Rates/Life

Historical

Amount

Count

Delinquency Levels

Num

Den

Fixed

Adj

Overall

Cut-off Pool Balance

575,264,263.75

3,145

3 mo. Rolling Average

261,162

570,229,032

0.05%

WAC - Remit Current

9.14%

7.92%

8.14%

Cum Scheduled Principal

406,592.29

6 mo. Rolling Average

261,162

570,229,032

0.05%

WAC - Remit Original

9.14%

7.93%

8.14%

Cum Unscheduled Principal

7,151,264.05

12 mo. Rolling Average

261,162

570,229,032

0.05%

WAC - Current

9.64%

8.42%

8.64%

Cum Liquidations

0.00

Loss Levels

Amount

Count

WAC - Original

9.64%

8.43%

8.64%

Cum Repurchases

0.00

3 mo. Cum Loss

0.00

WAL - Current

267.35

356.82

340.83

6 mo. Cum loss

0.00

WAL - Original

268.04

357.82

341.85

Current

Amount

Count

12 mo. Cum Loss

0.00

Beginning Pool

572,751,656.55

3,134

99.56%

Current Index Rate

Scheduled Principal

203,784.72

0.04%

Triggers

Next Index Rate

Unscheduled Principal

4,841,464.42

0.84%

Liquidations

0.00

0.00%

> Delinquency Trigger Event

(2)

Prepayment Charges

Repurchases

0.00

0.00%

Delinquency Event Calc

(1)

522,324.98

567,706,407

0.09%

Amount

Count

Ending Pool

567,706,407.41

3,111

98.69%

Current

> Loss Trigger Event?

(3)

Cumulative

Ending Actual Balance

567,907,680.24

Cumulative Loss

211,895

0.04%

Average Loan Balance

182,483.58

> Overall Trigger Event?

Pool Composition

Current Loss Detail

Amount

Step Down Date

Liquidation

0.00

Distribution Count

Properties

%/Score

Realized Loss

0.00

Required Percentage

(4)

N/A

Cut-off LTV

82.26%

Realized Loss Adjustment

0.00

Step Down %

(5)

52.30%

Cash Out/Refinance

38.78%

Net Liquidation

0.00

% of Required Percentage

(6)

33.54%

SFR

73.88%

Credit Enhancement

Amount

> Step Down Date?

Min

Max

Original OC

21,290,163.75

3.70%

Extra Principal

0.00

FICO

500

809

626.53

Target OC

21,284,778.00

3.70%

Cumulative Extra Principal

0.00

Beginning OC

21,284,778.00

OC Release

N/A

Ending OC

21,284,778.00

Most Senior Certificates

435,555,878.55

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

Pool Detail and Performance Indicators Total (All Loans)

Misc/Additional Information

Pool Level Information

5.320000%
5.320000%

66,535.74
83,050.24

Balance

473,192,932.51
223,085,958.89
424,981,317.59

Owner Occupied

551,950,758.55

95.95%

Legend: (1) 60 Days+, REO, BK, F/C % (3) Condn: Cum Loss > specified thresholds (5) Defined Benchmark
(2) (1) > (6) * (4), then TRUE (4) Most Senior Certs + OC Amount / Ending Pool Bal (6) Defined Benchmark (Used in Delinq Event Calc)
Note: Delinquency and Loss Event Triggers may be flagged as "Yes" prior to the Step Down Date on account of the percentage thresholds being breached.

19-Dec-2006 17:39

Page 7 of 48

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

Pool Detail

Performance Indicators

Factors Impacting Principal Payment Rules

WA Rates/Life

Historical

Amount

Count

Delinquency Levels

Num

Den

Fixed

Adj

Overall

Cut-off Pool Balance

231,421,472.56

1,515

3 mo. Rolling Average

65,162

229,223,237

0.03%

WAC - Remit Current

8.26%

8.16%

8.18%

Cum Scheduled Principal

184,588.69

6 mo. Rolling Average

65,162

229,223,237

0.03%

WAC - Remit Original

8.26%

8.16%

8.18%

Cum Unscheduled Principal

3,138,546.53

12 mo. Rolling Average

65,162

229,223,237

0.03%

WAC - Current

8.76%

8.66%

8.68%

Cum Liquidations

0.00

Loss Levels

Amount

Count

WAC - Original

8.76%

8.66%

8.68%

Cum Repurchases

0.00

3 mo. Cum Loss

0.00

WAL - Current

313.18

356.83

348.38

6 mo. Cum loss

0.00

WAL - Original

314.07

357.84

349.43

Current

Amount

Count

12 mo. Cum Loss

0.00

Beginning Pool

230,348,135.71

1,508

99.54%

Scheduled Principal

92,537.89

0.04%

Unscheduled Principal

2,157,260.48

0.93%

Liquidations

0.00

0.00%

Prepayment Charges

Repurchases

0.00

0.00%

Amount

Count

Ending Pool

228,098,337.34

1,497

98.56%

Current

Cumulative

Ending Actual Balance

228,186,659.43

Average Loan Balance

152,370.30

Pool Composition

Current Loss Detail

Amount

Liquidation

0.00

Properties

%/Score

Realized Loss

0.00

Cut-off LTV

79.98%

Realized Loss Adjustment

0.00

Cash Out/Refinance

66.04%

Net Liquidation

0.00

SFR

75.00%

Min

Max

FICO

500

809

606.85

Pool Detail and Performance Indicators Group I

Misc/Additional Information

Pool Level Information

46,273.66
62,788.16

Balance

185,085,487.44
152,834,559.74
173,562,186.40

Owner Occupied

213,328,576.97

92.18%

19-Dec-2006 17:39

Page 8 of 48

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

Pool Detail

Performance Indicators

Factors Impacting Principal Payment Rules

WA Rates/Life

Historical

Amount

Count

Delinquency Levels

Num

Den

Fixed

Adj

Overall

Cut-off Pool Balance

343,842,791.19

1,630

3 mo. Rolling Average

196,000

341,005,795

0.06%

WAC - Remit Current

9.81%

7.77%

8.12%

Cum Scheduled Principal

222,003.60

6 mo. Rolling Average

196,000

341,005,795

0.06%

WAC - Remit Original

9.81%

7.77%

8.12%

Cum Unscheduled Principal

4,012,717.52

12 mo. Rolling Average

196,000

341,005,795

0.06%

WAC - Current

10.31%

8.27%

8.62%

Cum Liquidations

0.00

Loss Levels

Amount

Count

WAC - Original

10.31%

8.27%

8.62%

Cum Repurchases

0.00

3 mo. Cum Loss

0.00

WAL - Current

232.00

356.81

335.76

6 mo. Cum loss

0.00

WAL - Original

232.70

357.82

336.75

Current

Amount

Count

12 mo. Cum Loss

0.00

Beginning Pool

342,403,520.84

1,626

99.58%

Scheduled Principal

111,246.83

0.03%

Unscheduled Principal

2,684,203.94

0.78%

Liquidations

0.00

0.00%

Prepayment Charges

Repurchases

0.00

0.00%

Amount

Count

Ending Pool

339,608,070.07

1,614

98.77%

Current

Cumulative

Ending Actual Balance

339,721,020.81

Average Loan Balance

210,413.92

Pool Composition

Current Loss Detail

Amount

Liquidation

0.00

Properties

%/Score

Realized Loss

0.00

Cut-off LTV

83.79%

Realized Loss Adjustment

0.00

Cash Out/Refinance

20.43%

Net Liquidation

0.00

SFR

73.12%

Min

Max

FICO

501

809

639.75

Pool Detail and Performance Indicators Group II

Misc/Additional Information

Pool Level Information

20,262.08
20,262.08

Balance

288,107,445.07

98.48%

70,251,399.15

251,419,131.19

Owner Occupied

338,622,181.58

19-Dec-2006 17:39

Page 9 of 48

A-1

Act/360

175,156,063.84

5.470000000%

878,261.70

0.00

878,261.70

0.00

A-2A

Act/360

119,965,814.71

5.400000000%

593,830.78

0.00

593,830.78

0.00

A-2B

Act/360

59,623,000.00

5.420000000%

296,226.94

0.00

296,226.94

0.00

A-2C

Act/360

59,881,000.00

5.490000000%

301,351.13

0.00

301,351.13

0.00

A-2D

Act/360

20,930,000.00

5.580000000%

107,056.95

0.00

107,056.95

0.00

M-1

Act/360

26,749,000.00

5.630000000%

138,047.13

0.00

138,047.13

0.00

M-2

Act/360

23,585,000.00

5.640000000%

121,934.45

0.00

121,934.45

0.00

M-3

Act/360

8,341,000.00

5.660000000%

43,275.89

0.00

43,275.89

0.00

M-4

Act/360

12,080,000.00

5.730000000%

63,450.20

0.00

63,450.20

0.00

M-5

Act/360

9,204,000.00

5.740000000%

48,428.38

0.00

48,428.38

0.00

M-6

Act/360

7,766,000.00

5.790000000%

41,218.05

0.00

41,218.05

0.00

B-1

Act/360

8,916,000.00

6.170000000%

50,427.41

0.00

50,427.41

0.00

B-2

Act/360

6,327,000.00

6.370000000%

36,944.41

0.00

36,944.41

0.00

B-3

Act/360

6,903,000.00

7.370000000%

46,635.52

0.00

46,635.52

0.00

B-4

Act/360

6,040,000.00

7.820000000%

43,296.73

0.00

43,296.73

0.00

30/360

572,751,656.55

2.252320340%

1,075,016.84

0.00

1,075,016.84

1,074,994.84

0.00

N/A

0.00

N/A

0.00

66,535.74

0.00

66,535.74

0.00

N/A

0.00

N/A

0.00

Total

551,466,878.55

3,885,402.51

66,535.74

0.00

3,951,938.25

3,951,916.25

0.00

- - Accrual - -

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

- - - - - Outstanding - - - -

- - - - - - Recovered - - - - - -

Revised Date: 19-Dec-06

Class

Accrual

Certificate

Interest

Distribution Date: 27-Nov-06

Pass-Thru Rate

Total Interest

Additions

Distributable

Certificate Interest

Bond Interest Reconciliation

Opening Balance

Interest Payment

Amount

Interest Carry-

Forward Amount

Interest Carry-

Forward Amount

Net Cap

Rate in

Effect Y/N

Total Interest

Deductions

Method

Days

Floating Rate

Certficate Carry-

Over

Floating Rate

Certficate Carry-

Over

19-Dec-2006 17:39

Page 10 of 48

A-1

31-Oct-06

25-Oct-06

27-Nov-06

0.00

A-2A

31-Oct-06

25-Oct-06

27-Nov-06

0.00

A-2B

31-Oct-06

25-Oct-06

27-Nov-06

0.00

A-2C

31-Oct-06

25-Oct-06

27-Nov-06

0.00

A-2D

31-Oct-06

25-Oct-06

27-Nov-06

0.00

M-1

31-Oct-06

25-Oct-06

27-Nov-06

0.00

M-2

31-Oct-06

25-Oct-06

27-Nov-06

0.00

M-3

31-Oct-06

25-Oct-06

27-Nov-06

0.00

M-4

31-Oct-06

25-Oct-06

27-Nov-06

0.00

M-5

31-Oct-06

25-Oct-06

27-Nov-06

0.00

M-6

31-Oct-06

25-Oct-06

27-Nov-06

0.00

B-1

31-Oct-06

25-Oct-06

27-Nov-06

0.00

B-2

31-Oct-06

25-Oct-06

27-Nov-06

0.00

B-3

31-Oct-06

25-Oct-06

27-Nov-06

0.00

B-4

31-Oct-06

25-Oct-06

27-Nov-06

0.00

31-Oct-06

1-Oct-06

1-Nov-06

0.00

31-Oct-06

1-Oct-06

1-Nov-06

0.00

66,535.74

0.00

31-Oct-06

25-Oct-06

27-Nov-06

0.00

Total

0.00

66,535.74

0.00

Merrill Lynch Mortgage Investors Trust

Interest Carry-

Forward

(2)

Floating Rate

Cartificate Carry-

Over

(1)

Other Interest Proceeds are additional interest amounts specifically allocated to the bond(s) and used in determining the bonds Distributable Interest.

(2)

Interest Carry-Forward Shortfall is unpaid interest with interest thereon.

- - - - - - - - - - - - - - - - - - - - - - - - - - - Additions - - - - - - - - - - - - - - - - - - - - - - - - - - - -

- - - - - - - - - - - Deductions - - - - - - - - - -

Bond Interest Reconciliation

Non-Supported

Interest Shortfall

Prepayment

Premiums

Record Date

Revised Date: 19-Dec-06

Class

Supplemental

Interest Trust

Payments From

Cap Contracts

Interest Carry-

Forward

Distribution Date: 27-Nov-06

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Prior Interest Due

Date

Current Interest

Due Date

Floating Rate

Cartificate Carry-

Over

Other Interest

Proceeds

(1)

19-Dec-2006 17:39

Page 11 of 48

A-1

176,227,000.00

175,156,063.84

92,537.89

2,157,260.48

0.00

172,906,265.47

25-Sep-37

23.85%

24.17%

A-2A

121,402,000.00

119,965,814.71

111,246.83

2,684,203.94

0.00

117,170,363.94

25-Sep-37

23.85%

24.17%

A-2B

59,623,000.00

0.00

59,623,000.00

25-Sep-37

23.85%

24.17%

A-2C

59,881,000.00

0.00

59,881,000.00

25-Sep-37

23.85%

24.17%

A-2D

20,930,000.00

0.00

20,930,000.00

25-Sep-37

23.85%

24.17%

M-1

26,749,000.00

0.00

26,749,000.00

25-Sep-37

19.20%

19.45%

M-2

23,585,000.00

0.00

23,585,000.00

25-Sep-37

15.10%

15.30%

M-3

8,341,000.00

0.00

8,341,000.00

25-Sep-37

13.65%

13.83%

M-4

12,080,000.00

0.00

12,080,000.00

25-Sep-37

11.55%

11.70%

M-5

9,204,000.00

0.00

9,204,000.00

25-Sep-37

9.95%

10.08%

M-6

7,766,000.00

0.00

7,766,000.00

25-Sep-37

8.60%

8.71%

B-1

8,916,000.00

0.00

8,916,000.00

25-Sep-37

7.05%

7.14%

B-2

6,327,000.00

0.00

6,327,000.00

25-Sep-37

5.95%

6.03%

B-3

6,903,000.00

0.00

6,903,000.00

25-Sep-37

4.75%

4.81%

B-4

6,040,000.00

0.00

6,040,000.00

25-Sep-37

3.70%

3.75%

575,264,263.75

572,751,656.55

0.00

567,706,407.41

25-Sep-37

N/A

0.00

25-Sep-37

N/A

100.00

0.00

25-Sep-37

23.85%

N/A

Total

553,974,100.00

551,466,878.55

203,784.72

4,841,464.42

0.00

546,421,629.41

Ending

Class Balance

Rated

Final

Maturity

- Credit Support -

Class

Original Class

Balance

Beginning Class

Balance

Current

Losses

Distribution Date: 27-Nov-06

Bond Principal Reconciliation

Unscheduled

Principal
Payment

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Current

Original

Interest on

Losses

Scheduled Principal

Payment

Cumulative

Losses

- - - - - - - - - - - - - - - - Losses - - - - - - - - - - - - - - -

Extra

Principal
Payment

Prior
Loss

Reimburs.

19-Dec-2006 17:39

Page 12 of 48

Class

CUSIP

Fitch

Moody's

DBRS

S&P

A-1

59023QAA9

Aaa

AAA

A-2A

59023QAB7

Aaa

AAA

A-2B

59023QAC5

Aaa

AAA

A-2C

59023QAD3

Aaa

AAA

A-2D

59023QAE1

Aaa

AAA

M-1

59023QAF8

Aa1

AA+

M-2

59023QAG6

Aa2

M-3

59023QAH4

Aa3

AA-

M-4

59023QAJ0

A+

M-5

59023QAK7

M-6

59023QAL5

A-

B-1

59023QAM3

Baa1

BBB+

B-2

59023QAN1

Baa2

BBB

B-3

59023QAP6

Baa3

BBB-

B-4

59023QAQ4

Ba1

BB+

59023QAS0

59023QAR2

59023QAT8

AAA

DBRS

NR - Designates that the class was not rated by the rating agency.

(1)

Changed ratings provided on this report are based on information provided by the applicable rating agency via electronic transmission. It shall be understood that this transmission will generally have been provided to LaSalle within 30 days of the payment

date listed on this statement. Because ratings may have changed during the 30 day window, or may not be being provided by the rating agency in an electronic format and therefore not being updated on this report, LaSalle recommends that investors obtain
current rating information directly from the rating agency.

- - - - - - - - - - - - Original Ratings - - - - - - - - - -

Fitch

Moody's

S&P

- - - - - - - - - - - - - - - - Ratings Change / Change Date

(1)

- - - - - - - - - - - - - - - -

Distribution Date: 27-Nov-06

Ratings Information

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

19-Dec-2006 17:39

Page 13 of 48

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

27-Nov-06

3,040

551,344,338

15,839,745

392,000

130,325

25-Oct-06

3,132

571,956,540

795,117

27-Nov-06

97.72%

97.12%

2.22%

2.79%

0.03%

0.07%

0.00%

0.03%

0.02%

0.00%

25-Oct-06

99.94%

99.86%

0.06%

0.14%

0.00%

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I (as of Cut-Off)

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

Total (All Loans)

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

19-Dec-2006 17:39

Page 14 of 48

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I (as of Cut-Off)

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

27-Nov-06

1,471

224,604,375

3,363,637

130,325

25-Oct-06

1,508

230,348,136

27-Nov-06

98.26%

98.47%

1.67%

1.47%

0.00%

0.07%

0.06%

0.00%

25-Oct-06

100.00%

0.00%

Group I - Total

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

19-Dec-2006 17:39

Page 15 of 48

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I (as of Cut-Off)

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

27-Nov-06

502

44,028,632

154,990

25-Oct-06

508

44,250,918

27-Nov-06

99.01%

99.65%

0.99%

0.35%

0.00%

25-Oct-06

100.00%

0.00%

Group I - Fixed

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

19-Dec-2006 17:39

Page 16 of 48

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I (as of Cut-Off)

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

27-Nov-06

969

180,575,743

3,208,648

130,325

25-Oct-06

1,000

186,097,218

27-Nov-06

97.88%

98.18%

2.02%

1.74%

0.00%

0.10%

0.07%

0.00%

25-Oct-06

100.00%

0.00%

Group I - ARM

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

19-Dec-2006 17:39

Page 17 of 48

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I (as of Cut-Off)

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

27-Nov-06

1,569

326,739,963

12,476,108

392,000

25-Oct-06

1,624

341,608,404

795,117

27-Nov-06

97.21%

96.21%

2.73%

3.67%

0.06%

0.12%

0.00%

25-Oct-06

99.88%

99.77%

0.12%

0.23%

0.00%

Group II - Total

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

19-Dec-2006 17:39

Page 18 of 48

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I (as of Cut-Off)

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

27-Nov-06

654

55,613,790

1,681,527

25-Oct-06

676

57,646,954

27-Nov-06

97.47%

97.07%

2.53%

2.93%

0.00%

25-Oct-06

100.00%

0.00%

Group II - Fixed

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

19-Dec-2006 17:39

Page 19 of 48

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I (as of Cut-Off)

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

27-Nov-06

915

271,126,173

10,794,580

392,000

25-Oct-06

948

283,961,451

795,117

27-Nov-06

97.03%

96.04%

2.86%

3.82%

0.11%

0.14%

0.00%

25-Oct-06

99.79%

99.72%

0.21%

0.28%

0.00%

Group II - ARM

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

19-Dec-2006 17:39

Page 20 of 48

Balance

27-Nov-06

130,325

25-Oct-06

27-Nov-06

0.00%

0.03%

0.02%

0.00%

25-Oct-06

0.00%

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II (as of Cut-Off)

- - - - - - - - - - - In Foreclosure and Delinquent - - - - - - - - - - - - -

- - - - - - - - - - - - - - - In REO and Delinquent - - - - - - - - - - - - - -

- - - - - - - - - - - - - In Bankruptcy and Delinquent - - - - - - - - - - - - -

Distribution

Date

Current

31-60 Days

61-90 Days

90 + Days

Current

31-60 Days

61-90 Days

90 + Days

Total (All Loans)

61-90 Days

90 + Days

Current

31-60 Days

19-Dec-2006 17:39

Page 21 of 48

Balance

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II (as of Cut-Off)

- - - - - - - - - - - In Foreclosure and Delinquent - - - - - - - - - - - - -

- - - - - - - - - - - - - - - In REO and Delinquent - - - - - - - - - - - - - -

- - - - - - - - - - - - - In Bankruptcy and Delinquent - - - - - - - - - - - - -

Distribution

Date

Current

31-60 Days

61-90 Days

90 + Days

Current

31-60 Days

61-90 Days

90 + Days

61-90 Days

90 + Days

Current

31-60 Days

27-Nov-06

130,325

25-Oct-06

27-Nov-06

0.00%

0.07%

0.06%

0.00%

25-Oct-06

0.00%

Group I - Total

19-Dec-2006 17:39

Page 22 of 48

Balance

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II (as of Cut-Off)

- - - - - - - - - - - In Foreclosure and Delinquent - - - - - - - - - - - - -

- - - - - - - - - - - - - - - In REO and Delinquent - - - - - - - - - - - - - -

- - - - - - - - - - - - - In Bankruptcy and Delinquent - - - - - - - - - - - - -

Distribution

Date

Current

31-60 Days

61-90 Days

90 + Days

Current

31-60 Days

61-90 Days

90 + Days

61-90 Days

90 + Days

Current

31-60 Days

27-Nov-06

25-Oct-06

27-Nov-06

0.00%

25-Oct-06

0.00%

Group I - Fixed

19-Dec-2006 17:39

Page 23 of 48

Balance

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II (as of Cut-Off)

- - - - - - - - - - - In Foreclosure and Delinquent - - - - - - - - - - - - -

- - - - - - - - - - - - - - - In REO and Delinquent - - - - - - - - - - - - - -

- - - - - - - - - - - - - In Bankruptcy and Delinquent - - - - - - - - - - - - -

Distribution

Date

Current

31-60 Days

61-90 Days

90 + Days

Current

31-60 Days

61-90 Days

90 + Days

61-90 Days

90 + Days

Current

31-60 Days

27-Nov-06

130,325

25-Oct-06

27-Nov-06

0.00%

0.10%

0.07%

0.00%

25-Oct-06

0.00%

Group I - ARM

19-Dec-2006 17:39

Page 24 of 48

Balance

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II (as of Cut-Off)

- - - - - - - - - - - In Foreclosure and Delinquent - - - - - - - - - - - - -

- - - - - - - - - - - - - - - In REO and Delinquent - - - - - - - - - - - - - -

- - - - - - - - - - - - - In Bankruptcy and Delinquent - - - - - - - - - - - - -

Distribution

Date

Current

31-60 Days

61-90 Days

90 + Days

Current

31-60 Days

61-90 Days

90 + Days

61-90 Days

90 + Days

Current

31-60 Days

27-Nov-06

25-Oct-06

27-Nov-06

0.00%

25-Oct-06

0.00%

Group II - Total

19-Dec-2006 17:39

Page 25 of 48

Balance

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II (as of Cut-Off)

- - - - - - - - - - - In Foreclosure and Delinquent - - - - - - - - - - - - -

- - - - - - - - - - - - - - - In REO and Delinquent - - - - - - - - - - - - - -

- - - - - - - - - - - - - In Bankruptcy and Delinquent - - - - - - - - - - - - -

Distribution

Date

Current

31-60 Days

61-90 Days

90 + Days

Current

31-60 Days

61-90 Days

90 + Days

61-90 Days

90 + Days

Current

31-60 Days

27-Nov-06

25-Oct-06

27-Nov-06

0.00%

25-Oct-06

0.00%

Group II - Fixed

19-Dec-2006 17:39

Page 26 of 48

Balance

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II (as of Cut-Off)

- - - - - - - - - - - In Foreclosure and Delinquent - - - - - - - - - - - - -

- - - - - - - - - - - - - - - In REO and Delinquent - - - - - - - - - - - - - -

- - - - - - - - - - - - - In Bankruptcy and Delinquent - - - - - - - - - - - - -

Distribution

Date

Current

31-60 Days

61-90 Days

90 + Days

Current

31-60 Days

61-90 Days

90 + Days

61-90 Days

90 + Days

Current

31-60 Days

27-Nov-06

25-Oct-06

27-Nov-06

0.00%

25-Oct-06

0.00%

Group II - ARM

19-Dec-2006 17:39

Page 27 of 48

Insurance

Substitution

Liquidation

Remaining Term

Balance

Proceeds

Amount

Life

Coupon

Remit

27-Nov-06

3,111

567,706,407

4,801,585

0.00

341

8.64%

8.14%

25-Oct-06

3,134

572,751,657

2,281,365

0.00

342

8.64%

8.14%

27-Nov-06

507

44,183,622

32,971

0.00

313

8.76%

8.26%

25-Oct-06

508

44,250,918

193,908

0.00

314

8.76%

8.26%

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary

Curr Weighted Avg.

Total (All Loans)

Group I - Fixed

Distribution

Date

Ending Pool

Payoffs

Realized Losses

19-Dec-2006 17:39

Page 28 of 48

Insurance

Substitution

Liquidation

Remaining Term

Balance

Proceeds

Amount

Life

Coupon

Remit

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary

Curr Weighted Avg.

Distribution

Date

Ending Pool

Payoffs

Realized Losses

27-Nov-06

990

183,914,716

2,109,730

0.00

357

8.66%

8.16%

25-Oct-06

1,000

186,097,218

763,140

0.00

358

8.66%

8.16%

27-Nov-06

671

57,295,317

311,968

0.00

232

10.31%

9.81%

25-Oct-06

676

57,646,954

75,959

0.00

233

10.31%

9.81%

Group I - ARM

Group II - Fixed

19-Dec-2006 17:39

Page 29 of 48

Insurance

Substitution

Liquidation

Remaining Term

Balance

Proceeds

Amount

Life

Coupon

Remit

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary

Curr Weighted Avg.

Distribution

Date

Ending Pool

Payoffs

Realized Losses

27-Nov-06

943

282,312,753

2,346,915

0.00

357

8.27%

7.77%

25-Oct-06

950

284,756,567

1,248,358

0.00

358

8.27%

7.77%

Group II - ARM

19-Dec-2006 17:39

Page 30 of 48

SMM (Single Monthly Mortality)

Total

Current Period

0.85%

3-Month Average

0.62%

6-Month Average

0.62%

12-Month Average

0.62%

Average Since Cut-Off

0.62%

CPR (Conditional Prepayment Rate)

Total

Current Period

9.69%

3-Month Average

7.20%

6-Month Average

7.20%

12-Month Average

7.20%

Average Since Cut-Off

7.20%

PSA (Public Securities Association)

Total

Current Period

161%

3-Month Average

120%

6-Month Average

120%

12-Month Average

120%

Average Since Cut-Off

120%

SMM

Single Monthly Mortality

(Partial and Full Prepayments + Repurchases + Liquidations + Other Principal Proceeds) / (Beginning Collateral Balance - Scheduled Principal)

CPR

Conditional Prepayment Rate

1 - (1 - SMM)^12)

PSA

Public Securities Association

100 * CPR / (0.2 * MIN(30,WAS))

WAS

Weighted Average Seasoning

(Original Term - Remaining Term) * (Current Scheduled Balance / Deal Scheduled Principal Balance)

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

Prepayment Summary

0.00%

2.43%

4.86%

7.29%

9.71%

12.14%

14.57%

17.00%

Dec-05

Jan-06

Feb-06

Mar-06

Apr-06

May-06

Jun-06

Jul-06

Aug-06

Sep-06

Oct-06

Nov-06

0.00%

14.29%

28.57%

42.86%

57.14%

71.43%

85.71%

100.00%

Dec-05

Jan-06

Feb-06

Mar-06

Apr-06

May-06

Jun-06

Jul-06

Aug-06

Sep-06

Oct-06

Nov-06

229%

457%

686%

914%

1143%

1371%

1600%

Dec-05

Jan-06

Feb-06

Mar-06

Apr-06

May-06

Jun-06

Jul-06

Aug-06

Sep-06

Oct-06

Nov-06

19-Dec-2006 17:39

Page 31 of 48

Min

Max

Count

% of Total

Balance

% of Total

Min

Max

Count

% of Total

Balance

% of Total

6,000

35,000

315

10.13%

7,946,136

1.40%

7,000

35,000

318

10.11%

8,048,152

1.40%

35,000

56,000

227

7.30%

10,578,201

1.86%

35,000

56,000

228

7.25%

10,634,667

1.85%

56,000

77,000

269

8.65%

17,980,567

3.17%

56,000

77,000

272

8.65%

18,213,097

3.17%

77,000

98,000

277

8.90%

24,199,145

4.26%

77,000

98,000

278

8.84%

24,304,967

4.23%

98,000

119,000

267

8.58%

28,879,085

5.09%

98,000

119,000

267

8.49%

28,860,523

5.02%

119,000

139,000

201

6.46%

25,768,655

4.54%

119,000

139,000

207

6.58%

26,497,987

4.61%

139,000

189,000

385

12.38%

62,889,269

11.08%

139,000

189,000

389

12.37%

63,530,175

11.04%

189,000

239,000

270

8.68%

57,275,454

10.09%

189,000

239,000

273

8.68%

57,924,772

10.07%

239,000

289,000

257

8.26%

67,836,846

11.95%

239,000

289,000

263

8.36%

69,389,186

12.06%

289,000

339,000

201

6.46%

62,838,428

11.07%

289,000

339,000

203

6.45%

63,485,599

11.04%

339,000

388,000

131

4.21%

47,509,250

8.37%

339,000

388,000

132

4.20%

47,895,564

8.33%

388,000

896,000

311

10.00%

154,005,371

27.13%

388,000

896,000

315

10.02%

156,479,574

27.20%

3,111

100.00%

567,706,407

100.00%

3,145

100.00%

575,264,264

100.00%

Min

Max

Count

% of Total

Balance

% of Total

Min

Max

Count

% of Total

Balance

% of Total

6.13%

7.45%

305

9.80%

89,638,777

15.79%

6.13%

7.45%

306

9.73%

89,811,636

15.61%

7.45%

7.75%

194

6.24%

54,358,791

9.58%

7.45%

7.75%

196

6.23%

55,236,233

9.60%

7.75%

8.05%

264

8.49%

67,665,576

11.92%

7.75%

8.05%

265

8.43%

67,850,184

11.79%

8.05%

8.34%

211

6.78%

48,704,697

8.58%

8.05%

8.34%

214

6.80%

49,780,083

8.65%

8.34%

8.64%

264

8.49%

59,532,630

10.49%

8.34%

8.64%

270

8.59%

61,054,405

10.61%

8.64%

8.99%

354

11.38%

75,038,009

13.22%

8.64%

8.99%

355

11.29%

75,183,198

13.07%

8.99%

9.58%

296

9.51%

59,180,874

10.42%

8.99%

9.58%

302

9.60%

61,014,657

10.61%

9.58%

10.17%

459

14.75%

50,677,816

8.93%

9.58%

10.17%

463

14.72%

51,344,012

8.93%

10.17%

10.77%

123

3.95%

17,617,074

3.10%

10.17%

10.77%

126

4.01%

18,211,393

3.17%

10.77%

11.36%

164

5.27%

15,422,113

2.72%

10.77%

11.36%

166

5.28%

15,581,683

2.71%

11.36%

11.98%

133

4.28%

9,960,636

1.75%

11.36%

11.98%

135

4.29%

10,118,642

1.76%

11.98%

13.22%

344

11.06%

19,909,415

3.51%

11.98%

13.22%

347

11.03%

20,078,136

3.49%

3,111

100.00%

567,706,407

100.00%

3,145

100.00%

575,264,264

100.00%

Distribution Date: 27-Nov-06

Mortgage Loan Characteristics Part I

Distribution by Current Ending Principal Balance

Distribution by Current Mortgage Rate

Distribution by Cut-off Principal Balance

Distribution by Original Mortgage Rate

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

19-Dec-2006 17:39

Page 32 of 48

1,933

466,227,469

82.12%

356.82

8.42%

1,958

473,017,917

82.23%

360.00

8.43%

322

52,801,043

9.30%

350.90

8.12%

324

53,090,463

9.23%

353.95

8.12%

856

48,677,896

8.57%

176.72

11.28%

863

49,155,883

8.54%

180.00

11.28%

3,111

567,706,407

100.00%

3,145

575,264,264

100.00%

2,295

419,033,973

73.81%

340.87

8.60%

2,321

424,981,318

73.88%

344.12

8.61%

441

76,469,767

13.47%

339.61

8.64%

444

76,941,767

13.38%

342.59

8.65%

229

37,319,242

6.57%

340.73

8.82%

231

37,902,192

6.59%

344.08

8.83%

129

32,359,976

5.70%

343.51

8.80%

132

32,913,372

5.72%

346.97

8.82%

2,302,817

0.41%

339.94

9.27%

2,304,708

0.40%

343.33

9.27%

220,632

0.04%

315.96

8.63%

220,907

0.04%

323.97

8.63%

3,111

567,706,407

100.00%

3,145

575,264,264

100.00%

Total

Distribution by Property Types (Cut-off)

Adjustable

Fixed 1st Lien

Fixed 2nd Lien

Product Type

Distribution by Property Types (Current)

Total

WAMM

WAC

Distribution by Product Characteristics (Cut-off)

Product Type

# of Loans

Original Principal

Balance

% of

Balance

Distribution by Product Characteristics (Current)

Mortgage Loan Characteristics Part II

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

WAMM

WAC

# of

Loans

Ending Balance

% of

Balance

WAMM

WAC

Property Type

# of

Loans

Ending Balance

% of

Balance

Property Type

# of Loans

Ending Balance

% of

Balance

WAMM

WAC

Adjustable

Fixed 1st Lien

Fixed 2nd Lien

Total

SF Unattached Dwelling

PUD

Condo - Low Facility

Multifamily

Condo - High Facility

Deminimus Planned Unit Development

Total

Condo - High Facility

Deminimus Planned Unit Development

SF Unattached Dwelling

PUD

Condo - Low Facility

Multifamily

19-Dec-2006 17:39

Page 33 of 48

Mortgage Loan Characteristics Part II

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

2,958

540,363,069

95.18%

340.05

8.62%

2,989

547,330,683

95.14%

343.28

8.62%

130

22,726,576

4.00%

356.09

9.08%

133

23,313,505

4.05%

359.27

9.08%

4,616,763

0.81%

356.94

8.80%

4,620,076

0.80%

360.00

8.80%

3,111

567,706,407

100.00%

3,145

575,264,264

100.00%

2,183

348,168,589

61.33%

333.35

8.71%

2,204

352,178,305

61.22%

336.55

8.71%

857

207,527,909

36.56%

352.99

8.50%

869

210,816,532

36.65%

356.21

8.51%

12,009,910

2.12%

347.44

8.76%

12,269,427

2.13%

350.87

8.76%

3,111

567,706,407

100.00%

3,145

575,264,264

100.00%

Owner Occupied - Secondary Residence

Distribution by Occupancy Type (Current)

Occupancy Type

# of

Loans

Ending Balance

% of

Balance

WAMM

WAC

Owner Occupied - Primary Residence

Non-Owner Occupied

Owner Occupied - Primary Residence

Non-Owner Occupied

Distribution by Occupancy Type (Cut-off)

Occupancy Type

# of Loans

Ending Balance

% of

Balance

WAMM

WAC

Owner Occupied - Secondary Residence

Total

Distribution by Loan Purpose (Current)

Total

WAMM

WAC

Purchase

Refinance/Equity Takeout

Loan Purpose

# of

Loans

Ending Balance

% of

Balance

Refinance/No Cash Out

Total

Distribution by Loan Purpose (Cut-off)

Loan Purpose

# of Loans

Ending Balance

% of

Balance

WAMM

WAC

Purchase

Refinance/Equity Takeout

Refinance/No Cash Out

Total

19-Dec-2006 17:39

Page 34 of 48

Mortgage Loan Characteristics Part II

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

3,106

566,989,700

100.00%

340.84

8.64%

3,140

574,546,488

100.00%

344.06

8.64%

Ending Balance

% of

Balance

WAMM

WAC

Distribution by Originator Concentration > 10% (Current)

Distribution by Originator Concentration > 10% (Cut-off)

Originator

# of

Loans

Ending Balance

% of

Balance

WAMM

WAC

Originator

# of Loans

Resmae

19-Dec-2006 17:39

Page 35 of 48

WAMM

WAC

California

1,061

294,194,974

51.82%

341

8.40%

Florida

309

58,029,337

10.22%

345

8.80%

Texas

633

55,958,580

9.86%

337

8.76%

Arizona

221

32,654,104

5.75%

339

8.62%

Illinois

148

24,241,427

4.27%

341

9.24%

Missouri

8,613,503

1.52%

342

9.37%

Georgia

8,420,901

1.48%

349

9.45%

Hawaii

8,366,927

1.47%

344

8.11%

Nevada

7,801,346

1.37%

340

8.91%

Colorado

7,753,602

1.37%

338

8.66%

Remaining

497

61,671,707

10.86%

340

9.12%

WAMM

WAC

California

1,073

298,493,063

51.89%

344

8.40%

Florida

316

59,202,661

10.29%

348

8.81%

Texas

635

56,149,032

9.76%

340

8.76%

Arizona

222

32,800,815

5.70%

342

8.61%

Illinois

149

24,501,887

4.26%

344

9.26%

Missouri

8,744,159

1.52%

345

9.40%

Hawaii

8,635,880

1.50%

347

8.11%

Georgia

8,588,768

1.49%

352

9.43%

Utah

7,959,394

1.38%

342

8.81%

Nevada

7,805,307

1.36%

343

8.91%

Remaining

488

62,383,298

10.84%

343

9.11%

(1)

Based on Current Period Ending Principal Balance

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

Geographic Concentration

Top 10 Current State Concentration

Geographic Distribution

# of

Loans

Balance

(1)

% of

Balance

Top 10 Original State Concentration

Geographic Distribution

# of

Loans

Balance

(1)

% of

Balance

Top 10 Current State Concentration

California

Arizona

Texas

Florida

Colorado

Nevada

Hawaii

Georgia

Missouri

Illinois

Remaining

19-Dec-2006 17:39

Page 36 of 48

B
C
L
O
P

REO
Settled
Third Party

R
X
T

1
2
3
4
5

6
7
8
9

Loss-Loan

Adjusted

Net Liquidation

Proceeds

Disclosure Control #

Period

Loss to Trust

Loss-Loan Non-

adjusted

Adjustment Legend
Escrow Bal/Adv
MREC
Rest'd Escrow
Replacement Res.
Suspense

Third Party
Charged Off/Matured
Side Note
Manual

Liq. Type Code - Legend
BK Discharged
Charge-off
Retain Lien
Loan Sale
Paid in Full

Current Period Realized Loss Detail

Loss-Certs Non-

adjusted

Subsequent

Recov/(Exp)

Original Liquidation

Balance

Adj Type

Liq Type

Loss-Certs

Adjusted

Distribution Date: 27-Nov-06

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

19-Dec-2006 17:39

Page 37 of 48

Distribution Date

Beginning Scheduled

Balance

Net Liquidation

Proceeds

Realized Loss

Loan Count

Realized Loss

Adjusted

Cumulative

Realized Loss

Amount

Count

Amount

Count

Amount

Count

27-Nov-06

0.00

25-Oct-06

0.00

Total

0.00

- - - - - - - - - - - - - - - - - Current Realized Loss - - - - - - - - - - - - - - - - -

Total (All Loans)

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

Historical Realized Loss Summary

Recovery on Prior

Liquidations

Claims on Prior Liquidations

(Claims)/Recoveries on

Prior Payoffs

- - - - - - - - - - - - - - Previous Liquidations/Payoffs - - - - - - - - - - - - - -

19-Dec-2006 17:39

Page 38 of 48

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

Historical Realized Loss Summary

Distribution Date

Beginning Scheduled

Balance

Net Liquidation

Proceeds

Realized Loss

Loan Count

Realized Loss

Adjusted

Cumulative

Realized Loss

Amount

Count

Amount

Count

Amount

Count

27-Nov-06

0.00

25-Oct-06

0.00

Total

0.00

Group I

- - - - - - - - - - - - - - - - - Current Realized Loss - - - - - - - - - - - - - - - - -

- - - - - - - - - - - - - - Previous Liquidations/Payoffs - - - - - - - - - - - - - -

Claims on Prior Liquidations

Recovery on Prior

Liquidations

(Claims)/Recoveries on

Prior Payoffs

19-Dec-2006 17:39

Page 39 of 48

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

Historical Realized Loss Summary

Distribution Date

Beginning Scheduled

Balance

Net Liquidation

Proceeds

Realized Loss

Loan Count

Realized Loss

Adjusted

Cumulative

Realized Loss

Amount

Count

Amount

Count

Amount

Count

27-Nov-06

0.00

25-Oct-06

0.00

Total

0.00

Group II

- - - - - - - - - - - - - - - - - Current Realized Loss - - - - - - - - - - - - - - - - -

- - - - - - - - - - - - - - Previous Liquidations/Payoffs - - - - - - - - - - - - - -

Claims on Prior Liquidations

Recovery on Prior

Liquidations

(Claims)/Recoveries on

Prior Payoffs

19-Dec-2006 17:39

Page 40 of 48

MDR (monthly Default Rate)

Total

Current Period

0.00%

3-Month Average

0.00%

6-Month Average

0.00%

12-Month Average

0.00%

Average Since Cut-Off

0.00%

CDR (Conditional Default Rate)

Total

Current Period

0.00%

3-Month Average

0.00%

6-Month Average

0.00%

12-Month Average

0.00%

Average Since Cut-Off

0.00%

SDA (Standard Default Assumption)

Total

Current Period

0.00%

3-Month Average

0.00%

6-Month Average

0.00%

12-Month Average

0.00%

Average Since Cut-Off

0.00%

MDR

Monthly Default Rate

(Beginning Principal Balance of Liquidated Loans) / (Total Beginning Principal Balance)

CDR

Conditional Default Rate

1 - (1 - MDR)^

SDA

Standard Default Assumption

If WAS=30 then CDR/(WAS*0.02) else if 30<WAS=60 then CDR/0.6 else if 60<WAS=120 then CDR/(0.6-((WAS-60)*0.0095)) else if WAS>120 then CDR/0.03

WAS

Weighted Average Seasoning

(Original Term - Remaining Term) * (Current Scheduled Balance / Deal Scheduled Principal Balance)

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

Realized Loss Summary

0.00%

0.86%

1.71%

2.57%

3.43%

4.29%

5.14%

6.00%

Dec-05

Jan-06

Feb-06

Mar-06

Apr-06

May-06

Jun-06

Jul-06

Aug-06

Sep-06

Oct-06

Nov-06

0.00%

7.14%

14.29%

21.43%

28.57%

35.71%

42.86%

50.00%

Dec-05

Jan-06

Feb-06

Mar-06

Apr-06

May-06

Jun-06

Jul-06

Aug-06

Sep-06

Oct-06

Nov-06

286%

571%

857%

1143%

1429%

1714%

2000%

Dec-05

Jan-06

Feb-06

Mar-06

Apr-06

May-06

Jun-06

Jul-06

Aug-06

Sep-06

Oct-06

Nov-06

19-Dec-2006 17:39

Page 41 of 48

Scheduled Interest

Servicemembers Civil Relief Act

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

Disclosure Control #

Scheduled

Principal

Beginning

Balance

Unscheduled

Principal

Interest Received

Relief Act Interest

Shortfall

Ending balance

Loan Rate

P&I Amount

19-Dec-2006 17:39

Page 42 of 48

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

Material Breaches Detail

Disclosure Control

Loan Group #

Ending Principal

Balance

Material Breach

Date

Material Breach Description

Material breaches of pool asset representation or warranties or transaction covenants.

19-Dec-2006 17:39

Page 43 of 48

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

Modified Loan Detail

Disclosure Control

Loan Group #

Modified Maturity

Date

Cutoff Maturity

Date

Modification Description

Modifications include any extensions or waivers to the mortgage loan terms, fees, penalties or payments during the preceding calendar month or that have become material over time.

19-Dec-2006 17:39

Page 44 of 48

Disclosure Control

Collateral Asset Changes

Revised Date: 19-Dec-06

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Distribution Date: 27-Nov-06

Beginning Principal Balance

Description

19-Dec-2006 17:39

Page 45 of 48

Total

0.00

Total (All Loans)

Appraisal

Date

Disclosure

Control #

REO Date

Recent

Appraisal Value

Scheduled

Balance

City

State

Property Type

Actual Balance

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Revised Date: 19-Dec-06

Distribution Date: 27-Nov-06

Realized Loss

Appraisal

Reduction

Amount

Date

Liquidated

Liquidation

Proceeds

Liquidation

Expenses

Historical Collateral Level REO Report

19-Dec-2006 17:39

Page 46 of 48

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Revised Date: 19-Dec-06

Distribution Date: 27-Nov-06

Historical Collateral Level REO Report

Total

0.00

Group I

Disclosure

Control #

REO Date

City

State

Property Type

Actual Balance

Scheduled

Balance

Recent

Appraisal Value

Appraisal

Date

Appraisal

Reduction

Amount

Date

Liquidated

Liquidation

Proceeds

Liquidation

Expenses

Realized Loss

19-Dec-2006 17:39

Page 47 of 48

Merrill Lynch Mortgage Investors Trust

Mortgage Loan Asset-Backed Certificates

Series 2006-RM4

Revised Date: 19-Dec-06

Distribution Date: 27-Nov-06

Historical Collateral Level REO Report

Total

0.00

Group II

Disclosure

Control #

REO Date

City

State

Property Type

Actual Balance

Scheduled

Balance

Liquidation

Proceeds

Liquidation

Expenses

Realized Loss

Recent

Appraisal Value

Appraisal

Date

Appraisal

Reduction

Amount

Date

Liquidated

19-Dec-2006 17:39

Page 48 of 48

Merrill Lynch Mortgage Investors Trust Series 2006-RM4 10-D/A