Content:

Pages

Contact Information:

5/25/2007 0:00

Statement to Certificate Holders

2-3

Analyst:

Samir Ghia

714.259.6822

Statement to Certificate Holders (Factors)

4-5

samir.ghia@abnamro.com

Pool/Non-Pool Funds Cash Reconciliation

4/25/2007 0:00

Administrator:

Mason Arion

312.992.2835

Cash Reconciliation Summary

7-10

mason.arion@abnamro.com

Pool Detail and Performance Indicators

11-13

LaSalle Website:

www.etrustee.net

Bond Interest Reconciliation Part I

14-15

6/25/2007 0:00

Bond Interest Reconciliation Part II

16-17

Bond Principal Reconciliation

18-19

Outside Parties To The Transaction

Rating Information

20-21

5/24/2007

Pre-Funding Account

End of Month Balance Reporting

15 Month Loan Status Summary Part I

24-41

15 Month Loan Status Summary Part II

42-59

15 Month Historical Payoff Summary

60-67

Prepayment Summary

Mortgage Loan Characteristics Part I

1/30/2007

Mortgage Loan Characteristics Part II

70-72

Geographic Concentration

Current Period Realized Loss Detail

2/26/2007 0:00

Historical Realized Loss Summary

75-77

Realized Loss Summary

Material Breaches Detail

Modified Loan Detail

2/25/2037 0:00

Historical Collateral Level REO Report

81-83

Substitution Detail History

Substitution Detail History Summary

5/15/2007 0:00

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

ABN AMRO Acct : 724451.1

Payment Date:

25-May-07

Prior Payment:

25-Apr-07

Next Payment:

25-Jun-07

Record Date:

24-May-07

Distribution Count:

Issuer: Bear Stearns & Co. Inc.

Depositor: Bear Stearns Asset Backed Securities, Inc.

Closing Date:

30-Jan-07

Underwriter: Bear Stearns Asset Backed Securities, Inc.

First Pay. Date:

Master Servicer: EMC Mortgage Corporation

26-Feb-07

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

Rated Final

Payment Date:

25-Feb-37

Determination Date:

15-May-07

Delinq Method:

OTS

23-May-2007 02:42

I-A-1

07389UAA7

48,772,000.00

46,295,645.64

1,045,281.85

0.00

45,250,363.79

209,873.59

0.00

5.4400000000%

I-A-2

07389UAB5

30,413,000.00

0.00

30,413,000.00

140,913.57

0.00

5.5600000000%

I-A-3

07389UAC3

5,781,000.00

0.00

5,781,000.00

27,074.35

0.00

5.6200000000%

I-M-1

07389UAD1

4,292,000.00

0.00

4,292,000.00

20,458.53

0.00

5.7200000000%

I-M-2

07389UAE9

3,803,000.00

0.00

3,803,000.00

18,254.40

0.00

5.7600000000%

I-M-3

07389UAF6

2,227,000.00

0.00

2,227,000.00

10,726.72

0.00

5.7800000000%

I-M-4

07389UAG4

2,010,000.00

0.00

2,010,000.00

10,334.75

0.00

6.1700000000%

I-M-5

07389UAH2

1,901,000.00

0.00

1,901,000.00

10,407.98

0.00

6.5700000000%

I-M-6

07389UAJ8

1,793,000.00

0.00

1,793,000.00

10,414.34

0.00

6.9700000000%

I-M-7

07389UAK5

1,684,000.00

0.00

1,684,000.00

10,974.07

0.00

7.8200000000%

I-M-8

07389UAL3

1,358,000.00

0.00

1,358,000.00

8,849.63

0.00

7.8200000000%

I-M-9

07389UAM1

1,087,000.00

0.00

1,087,000.00

7,083.62

0.00

7.8200000000%

I-M-10

07389UBC2

1,087,000.00

0.00

1,087,000.00

7,083.62

0.00

7.8200000000%

I-P

07389UBE8

100.00

0.00

100.00

5,982.68

N/A

I-CE

07389UBD0

108,652,037.19 N

106,176,316.48

0.00

105,131,034.63

267,449.19

3,339.44

N/A

II-1A-1

07389UAN9

140,976,000.00

133,031,678.31

3,370,193.45

0.00

129,661,484.86

596,425.36

0.00

5.3800000000%

II-1A-2

07389UAP4

70,325,000.00

0.00

70,325,000.00

321,150.83

0.00

5.4800000000%

II-1A-3

07389UAQ2

16,145,000.00

0.00

16,145,000.00

74,939.71

0.00

5.5700000000%

II-2A

07389UAR0

118,512,000.00

114,207,595.32

1,703,517.20

0.00

112,504,078.12

519,644.56

0.00

5.4600000000%

II-3A

07389UAS8

92,100,000.00

85,575,370.74

1,403,844.26

0.00

84,171,526.48

389,367.94

0.00

5.4600000000%

II-M-1

07389UAT6

34,536,000.00

0.00

34,536,000.00

160,880.20

0.00

5.5900000000%

II-M-2

07389UAU3

29,083,000.00

0.00

29,083,000.00

135,720.67

0.00

5.6000000000%

II-M-3

07389UAV1

12,118,000.00

0.00

12,118,000.00

56,853.62

0.00

5.6300000000%

II-M-4

07389UAW9

13,329,000.00

0.00

13,329,000.00

63,201.68

0.00

5.6900000000%

II-M-5

07389UAX7

12,118,000.00

0.00

12,118,000.00

57,661.48

0.00

5.7100000000%

II-M-6

07389UAY5

7,270,000.00

0.00

7,270,000.00

34,896.00

0.00

5.7600000000%

II-M-7

07389UAZ2

9,997,000.00

0.00

9,997,000.00

53,067.41

0.00

6.3700000000%

II-M-8

07389UBA6

5,453,000.00

0.00

5,453,000.00

30,991.22

0.00

6.8200000000%

II-M-9

07389UBB4

9,088,000.00

0.00

9,088,000.00

57,330.13

0.00

7.5700000000%

II-M-10

07389UBK4

9,391,000.00

0.00

9,391,000.00

59,241.56

0.00

7.5700000000%

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

Bond Payments

Ending Certificate

Balance

Class

CUSIP

Original Face Value

(1)

Beginning

Certificate Balance

Interest Payment

(2)

Interest

Adjustment

Pass-Through

Rate

(1)

N denotes notional balance not included in total

(2)

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

Principal Payment

Principal

Adjustment or Loss Deferred Interest

Page 2 of 85

23-May-2007 02:40

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

II-P

07389UBM0

100.00

0.00

100.00

43,949.75

N/A

II-CE

07389UBL2

605,888,541.63 N

587,114,963.12

0.00

580,637,408.21

872,782.61

(392,872.56)

N/A

I-R-3

07389UBH1

0.00

N/A

I-RX

07389UBJ7

0.00

N/A

II-RX

07389UBP3

0.00

N/A

Total

686,649,200.00

665,399,490.01

7,522,836.76

0.00

657,876,653.25

4,293,985.77

(339,600.69)

Total P&I Payment

11,816,822.53

Interest Payment

(2)

Interest

Adjustment

Pass-Through

Rate

(1)

N denotes notional balance not included in total

(2)

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

Bond Payments

Class

CUSIP

Original Face Value

(1)

Beginning

Certificate Balance

Principal Payment

Principal

Adjustment or Loss Deferred Interest

Ending Certificate

Balance

Page 3 of 85

23-May-2007 02:40

I-A-1

07389UAA7

48,772,000.00

949.225900993

21.432007094

0.000000000

927.793893899

4.303157344

0.000000000

5.44000000%

I-A-2

07389UAB5

30,413,000.00

1000.000000000

0.000000000

1000.000000000

4.633333443

0.000000000

5.56000000%

I-A-3

07389UAC3

5,781,000.00

1000.000000000

0.000000000

1000.000000000

4.683333333

0.000000000

5.62000000%

I-M-1

07389UAD1

4,292,000.00

1000.000000000

0.000000000

1000.000000000

4.766665890

0.000000000

5.72000000%

I-M-2

07389UAE9

3,803,000.00

1000.000000000

0.000000000

1000.000000000

4.800000000

0.000000000

5.76000000%

I-M-3

07389UAF6

2,227,000.00

1000.000000000

0.000000000

1000.000000000

4.816668163

0.000000000

5.78000000%

I-M-4

07389UAG4

2,010,000.00

1000.000000000

0.000000000

1000.000000000

5.141666667

0.000000000

6.17000000%

I-M-5

07389UAH2

1,901,000.00

1000.000000000

0.000000000

1000.000000000

5.475002630

0.000000000

6.57000000%

I-M-6

07389UAJ8

1,793,000.00

1000.000000000

0.000000000

1000.000000000

5.808332404

0.000000000

6.97000000%

I-M-7

07389UAK5

1,684,000.00

1000.000000000

0.000000000

1000.000000000

6.516668646

0.000000000

7.82000000%

I-M-8

07389UAL3

1,358,000.00

1000.000000000

0.000000000

1000.000000000

6.516664212

0.000000000

7.82000000%

I-M-9

07389UAM1

1,087,000.00

1000.000000000

0.000000000

1000.000000000

6.516669733

0.000000000

7.82000000%

I-M-10

07389UBC2

1,087,000.00

1000.000000000

0.000000000

1000.000000000

6.516669733

0.000000000

7.82000000%

I-P

07389UBE8

100.00

1000.000000000

0.000000000

1000.000000000

59826.800000000

N/A

I-CE

07389UBD0

108,652,037.19 N

977.214226497

0.000000000

967.593773195

2.461520252

0.030735181

N/A

II-1A-1

07389UAN9

140,976,000.00

943.647701130

23.906150338

0.000000000

919.741550757

4.230687209

0.000000000

5.38000000%

II-1A-2

07389UAP4

70,325,000.00

1000.000000000

0.000000000

1000.000000000

4.566666619

0.000000000

5.48000000%

II-1A-3

07389UAQ2

16,145,000.00

1000.000000000

0.000000000

1000.000000000

4.641666770

0.000000000

5.57000000%

II-2A

07389UAR0

118,512,000.00

963.679587903

14.374216957

0.000000000

949.305370972

4.384742136

0.000000000

5.46000000%

II-3A

07389UAS8

92,100,000.00

929.157119821

15.242608686

0.000000000

913.914511154

4.227664929

0.000000000

5.46000000%

II-M-1

07389UAT6

34,536,000.00

1000.000000000

0.000000000

1000.000000000

4.658333333

0.000000000

5.59000000%

II-M-2

07389UAU3

29,083,000.00

1000.000000000

0.000000000

1000.000000000

4.666666781

0.000000000

5.60000000%

II-M-3

07389UAV1

12,118,000.00

1000.000000000

0.000000000

1000.000000000

4.691666942

0.000000000

5.63000000%

II-M-4

07389UAW9

13,329,000.00

1000.000000000

0.000000000

1000.000000000

4.741667042

0.000000000

5.69000000%

II-M-5

07389UAX7

12,118,000.00

1000.000000000

0.000000000

1000.000000000

4.758333058

0.000000000

5.71000000%

II-M-6

07389UAY5

7,270,000.00

1000.000000000

0.000000000

1000.000000000

4.800000000

0.000000000

5.76000000%

II-M-7

07389UAZ2

9,997,000.00

1000.000000000

0.000000000

1000.000000000

5.308333500

0.000000000

6.37000000%

II-M-8

07389UBA6

5,453,000.00

1000.000000000

0.000000000

1000.000000000

5.683333945

0.000000000

6.82000000%

II-M-9

07389UBB4

9,088,000.00

1000.000000000

0.000000000

1000.000000000

6.308332967

0.000000000

7.57000000%

II-M-10

07389UBK4

9,391,000.00

1000.000000000

0.000000000

1000.000000000

6.308333511

0.000000000

7.57000000%

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

Statement to Certificate Holders (FACTORS)

Bond Payments

Class

CUSIP

Original Face

Value

Beginning Certificate

Balance *

Principal Payment

Principal

Adjustment or

Loss

Deferred Interest *

Ending Certificate

Balance *

Interest Payment *

Interest Adjustment*

Next Rate **

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

Page 4 of 85

23-May-2007 02:40

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

Statement to Certificate Holders (FACTORS)

II-P

07389UBM0

100.00

1000.000000000

0.000000000

1000.000000000

439497.500000000

N/A

II-CE

07389UBL2

605,888,541.63 N

969.014798564

0.000000000

958.323797720

1.440500274

(0.648423816)

N/A

I-R-3

07389UBH1

0.00

0.000000000

N/A

I-RX

07389UBJ7

0.00

0.000000000

N/A

II-RX

07389UBP3

0.00

0.000000000

N/A

Original Face

Value

Beginning Certificate

Balance *

Bond Payments

Interest Payment *

Interest Adjustment*

Next Rate **

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

Principal Payment

Principal

Adjustment or

Loss

Deferred Interest *

Ending Certificate

Balance *

Class

CUSIP

Page 5 of 85

23-May-2007 02:40

Interest Summary

Principal Summary

Swap Agreement

Interest Summary

Principal Summary

Group I

Scheduled Interest

4,857,865.91

Scheduled Prin Distribution

268,375.78

Net Swap due to Administrator

10,346.03

Fees

290,604.63

Curtailments

12,089.01

Net Swap due to Provider

0.00

Remittance Interest

4,567,261.28

Prepayments in Full

6,579,699.51

Other Interest Proceeds/Shortfalls

Liquidation Proceeds

(11,589.85)

Swap Termination due to Administrator

0.00

Prepayment Penalties

49,932.43

Repurchase Proceeds

280,432.29

Swap Termination due to Provider

0.00

Other Interest Loss

0.00

Other Principal Proceeds

0.00

Other Interest Proceeds

(7.50)

Remittance Principal

7,129,006.74

Group II

Non-advancing Interest

133.18

Net Swap due to Administrator

60,150.36

Net PPIS/Relief Act Shortfall

0.00

Net Swap due to Provider

0.00

Modification Shortfall

0.00

Other Interest Proceeds/Shortfalls

50,058.11

Swap Termination due to Administrator

0.00

Interest Adjusted

4,617,319.39

Swap Termination due to Provider

0.00

Fee Summary

Total Servicing Fees

288,871.56

Pre-Funding Account

Total Trustee Fees

1,733.07

LPMI Fees

0.00

Group II

Credit Manager's Fees

0.00

Reserve Fund

Pre-Funding Beginning Balance

0.00

Misc. Fees / Trust Expense

0.00

Pre-Funding Withdrawals

0.00

Insurance Premium

0.00

Group 1

Pre-Funding Ending Balance

0.00

Total Fees

290,604.63

Beginning Balance

5,000.00

Pre-Funding Interest Coverage Amount

0.00

Withdrawal from Trust

0.00

Reimbursement from Waterfall

0.00

Advances (Principal & Interest)

Ending Balance

5,000.00

Group 2

Prior Month's Outstanding Advances

5,190,166.18

Beginning Balance

5,000.00

Current Advances

8,396.24

Withdrawal from Trust

0.00

Reimbursement of Prior Advances

(569,460.00)

Reimbursement from Waterfall

0.00

Outstanding Advances

5,768,022.25

Ending Balance

5,000.00

P&I Due Certificate Holders

11,816,822.52

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

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: 25-May-07

Cash Reconciliation Summary

Page 6 of 85

23-May-2007 02:40

Fixed First Lien

Fixed 2nd Lien

228 ARM

327

Total

Interest Summary

Scheduled Interest

85,024.77

29,334.51

661,400.71

18,220.92

793,980.91

Fees

4,948.13

1,292.45

37,257.35

1,007.68

44,505.61

Remittance Interest

80,076.64

28,042.06

624,143.36

17,213.24

749,475.30

Other Interest Proceeds/Shortfalls

Prepayment Penalties

5,982.68

0.00

5,982.68

Other Interest Loss

0.00

Other Interest Proceeds

0.00

Non-advancing Interest

0.00

77.03

0.00

77.03

Net PPIS/Relief Act Shortfall

0.00

Modification Shortfall

0.00

Other Interest Proceeds/Shortfalls

5,982.68

77.03

0.00

6,059.71

Interest Adjusted

86,059.32

28,119.09

624,143.36

17,213.24

755,535.01

Principal Summary

Scheduled Principal Distribution

6,521.13

818.74

29,389.44

939.42

37,668.73

Curtailments

179.66

16.56

727.65

0.00

923.87

Prepayments in Full

119,583.50

0.00

887,105.75

0.00

1,006,689.25

Liquidation Proceeds

0.00

Repurchase Proceeds

0.00

Other Principal Proceeds

0.00

Less Mod Losses

0.00

Remittance Principal

126,284.29

835.30

917,222.84

939.42

1,045,281.85

Fee Summary

Total Servicing Fees

4,918.64

1,284.81

37,035.15

1,001.67

44,240.27

Total Trustee Fees

29.49

7.64

222.20

6.01

265.34

LPMI Fees

0.00

Misc. Fees

0.00

Total Fees

4,948.13

1,292.45

37,257.35

1,007.68

44,505.61

Beginning Principal Balance

11,804,707.07

3,083,550.83

88,884,028.48

2,404,030.10

106,176,316.48

Ending Principal Balance

11,678,422.78

3,082,715.53

87,966,805.64

2,403,090.68

105,131,034.63

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

Cash Reconciliation Summary Group I Loans

Page 7 of 85

23-May-2007 02:40

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

Subgroup I Fixed 1st Lien

Subgroup I Fixed 2nd Lien

Subgroup I 228 ARM

Subgroup I 327 ARM

Total

Interest Summary

Scheduled Interest

327,235.01

122,748.18

1,518,699.19

164,432.22

2,133,114.60

Fees

21,134.59

5,495.99

92,260.17

9,760.29

128,651.04

Remittance Interest

306,100.42

117,252.19

1,426,439.02

154,671.93

2,004,463.56

Other Interest Proceeds/Shortfalls

Prepayment Penalties

2,401.84

3,404.09

3,620.14

0.00

9,426.07

Other Interest Loss

0.00

Other Interest Proceeds

0.00

(7.50)

0.00

(7.50)

Non-advancing Interest

0.00

56.15

0.00

56.15

Net PPIS/Relief Act Shortfall

0.00

Modification Shortfall

0.00

Other Interest Proceeds/Shortfalls

2,401.84

3,460.24

3,612.64

0.00

9,474.72

Interest Adjusted

308,502.26

120,712.43

1,430,051.66

154,671.93

2,013,938.28

Principal Summary

Scheduled Principal Distribution

26,786.95

5,420.09

69,790.65

7,467.46

109,465.15

Curtailments

1,628.60

228.76

7,089.06

(826.15)

8,120.27

Prepayments in Full

826,577.77

73,705.30

1,206,771.49

828,723.33

2,935,777.89

Liquidation Proceeds

0.00

(11,589.85)

Repurchase Proceeds

0.00

123,515.00

Other Principal Proceeds

0.00

Less Mod Losses

0.00

Remittance Principal

854,993.32

79,354.15

1,283,651.20

947,289.79

3,165,288.46

Fee Summary

Total Servicing Fees

21,008.45

5,463.37

91,709.93

9,702.04

127,883.79

Total Trustee Fees

126.14

32.62

550.24

58.25

767.25

LPMI Fees

0.00

Misc. Fees

0.00

Total Fees

21,134.59

5,495.99

92,260.17

9,760.29

128,651.04

Beginning Principal Balance

50,420,340.78

13,112,176.72

220,103,604.10

23,284,979.37

306,921,100.97

Ending Principal Balance

49,565,347.46

13,032,822.57

218,819,952.90

21,943,859.56

303,361,982.49

Cash Reconciliation Summary Group II Loans

Page 8 of 85

23-May-2007 02:40

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

Subgroup II Fixed 1st Lien

Subgroup II Fixed 2nd Lien

Subgroup II 228 ARM

Subgroup II 327 ARM

Total

Interest Summary

Scheduled Interest

237,389.21

50,924.60

737,921.09

79,758.06

1,105,992.96

Fees

15,248.11

2,242.79

44,749.04

4,668.92

66,908.86

Remittance Interest

222,141.10

48,681.81

693,172.05

75,089.14

1,039,084.10

Other Interest Proceeds/Shortfalls

Prepayment Penalties

3,306.58

0.00

22,988.50

0.00

26,295.08

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

3,306.58

0.00

22,988.50

0.00

26,295.08

Interest Adjusted

225,447.68

48,681.81

716,160.55

75,089.14

1,065,379.18

Principal Summary

Scheduled Principal Distribution

24,317.20

2,341.93

37,053.17

3,595.27

67,307.57

Curtailments

225.78

206.96

2,192.76

125.71

2,751.21

Prepayments in Full

122,464.49

56,270.11

1,078,552.23

115,681.85

1,372,968.68

Liquidation Proceeds

0.00

Repurchase Proceeds

0.00

156,917.29

Other Principal Proceeds

0.00

Less Mod Losses

0.00

Remittance Principal

147,007.47

58,819.00

1,117,798.16

276,320.12

1,599,944.75

Fee Summary

Total Servicing Fees

15,157.12

2,229.48

44,482.14

4,641.07

66,509.81

Total Trustee Fees

90.99

13.31

266.90

27.85

399.05

LPMI Fees

0.00

Misc. Fees

0.00

Total Fees

15,248.11

2,242.79

44,749.04

4,668.92

66,908.86

Beginning Principal Balance

36,377,000.10

5,350,815.56

106,756,997.25

11,138,613.63

159,623,426.54

Ending Principal Balance

36,229,992.63

5,291,996.56

105,639,199.09

10,862,293.51

158,023,481.79

Cash Reconciliation Summary Group II Loans

Page 9 of 85

23-May-2007 02:40

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

Subgroup III Fixed 1st Lien

Subgroup III 228 ARM

Subgroup III 327 ARM

Total

Interest Summary

Scheduled Interest

175,613.24

569,175.88

79,988.32

824,777.44

Fees

11,370.01

34,190.25

4,978.86

50,539.12

Remittance Interest

164,243.23

534,985.63

75,009.46

774,238.32

Other Interest Proceeds/Shortfalls

Prepayment Penalties

3,183.11

5,045.49

0.00

8,228.60

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

3,183.11

5,045.49

0.00

8,228.60

Interest Adjusted

167,426.34

540,031.12

75,009.46

782,466.92

Principal Summary

Scheduled Principal Distribution

18,618.96

30,239.06

5,076.31

53,934.33

Curtailments

(191.86)

319.79

165.73

293.66

Prepayments in Full

159,033.24

726,914.00

378,316.45

1,264,263.69

Liquidation Proceeds

0.00

Repurchase Proceeds

0.00

Other Principal Proceeds

0.00

Less Mod Losses

0.00

Remittance Principal

177,460.34

757,472.85

383,558.49

1,318,491.68

Fee Summary

Total Servicing Fees

11,302.17

33,986.36

4,949.16

50,237.69

Total Trustee Fees

67.84

203.89

29.70

301.43

LPMI Fees

0.00

Misc. Fees

0.00

Total Fees

11,370.01

34,190.25

4,978.86

50,539.12

Beginning Principal Balance

27,125,203.72

81,567,252.88

11,877,979.01

120,570,435.61

Ending Principal Balance

26,947,743.38

80,809,780.03

11,494,420.52

119,251,943.93

Cash Reconciliation Summary Group II Loans

Page 10 of 85

23-May-2007 02:40

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

714,540,578.82

3,360

3 mo. Rolling Average

13,271,064

703,290,841

1.90%

WAC - Remit Current

7.90%

7.91%

Cum Scheduled Principal

1,054,414.25

6 mo. Rolling Average

9,953,298

687,558,012

1.42%

WAC - Remit Original

5.02%

7.95%

7.07%

Cum Unscheduled Principal

26,773,772.55

12 mo. Rolling Average

9,953,298

687,558,012

1.42%

WAC - Current

8.38%

8.42%

8.41%

Cum Liquidations

382,240.17

Loss Levels

Amount

Count

WAC - Original

5.33%

8.45%

7.52%

Cum Repurchases

1,799,233.46

3 mo. Cum Loss

393,837.52

WAL - Current

336.77

354.50

350.73

6 mo. Cum loss

393,837.52

WAL - Original

339.06

357.41

353.50

Current

Amount

Count

12 mo. Cum Loss

393,837.52

Beginning Pool

693,291,279.60

3,260

97.03%

Current Index Rate

Scheduled Principal

268,375.78

0.04%

Next Index Rate

Unscheduled Principal

6,591,788.52

0.92%

Liquidations

382,240.17

0.05%

Repurchases

280,432.29

0.04%

Ending Pool

685,768,442.84

3,224

95.97%

Average Loan Balance

212,707.33

Current Loss Detail

Amount

Liquidation

382,240.17

Pool Composition

Realized Loss

393,830.02

Realized Loss Adjustment

7.50

Properties

%/Score

Net Liquidation

(11,597.35)

Cut-off LTV

8169.89%

Cash Out/Refinance

78.89%

SFR

72.92%

Min

Max

FICO

500

804

611.65

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

Pool Detail and Performance Indicators Total (All Loans)

Misc/Additional Information

Pool Level Information

5.320000%
5.320000%

Balance

793,868,434,915.26

7,665,819,785.54
7,085,340,003.70

Legend: (1) 60 Days+, REO, BK, F/C % (3) Condn: Cum Loss > specified thresholds (5) Defined Benchmark (7) Condn: Distn Cnt > 36, (4) > (5)
(2) (1) > (6) * (4), then TRUE (4) Mezzanine 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.

Owner Occupied

9,247,862,898.12

95.17%

Page 11 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

108,652,037.19

583

3 mo. Rolling Average

3,611,752

107,481,738

3.38%

WAC - Remit Current

7.88%

7.89%

Cum Scheduled Principal

150,093.26

6 mo. Rolling Average

2,708,814

107,774,313

2.53%

WAC - Remit Original

5.07%

7.92%

7.07%

Cum Unscheduled Principal

3,370,909.30

12 mo. Rolling Average

2,708,814

107,774,313

2.53%

WAC - Current

8.36%

8.39%

Cum Liquidations

0.00

Loss Levels

Amount

Count

WAC - Original

5.40%

8.43%

7.52%

Cum Repurchases

202,497.35

3 mo. Cum Loss

0.00

WAL - Current

336.74

354.50

350.67

6 mo. Cum loss

0.00

WAL - Original

339.00

357.40

353.42

Current

Amount

Count

12 mo. Cum Loss

0.00

Beginning Pool

106,176,316.48

572

97.72%

Current Index Rate

Scheduled Principal

37,668.73

0.03%

Triggers

Next Index Rate

Unscheduled Principal

1,007,613.12

0.93%

Liquidations

0.00

0.00%

> Delinquency Trigger Event

(2)

Repurchases

0.00

0.00%

Delinquency Event Calc

(1)

5,799,424.39

106,176,316

5.46%

Ending Pool

105,131,034.63

568

96.76%

> Loss Trigger Event?

(3)

Average Loan Balance

185,089.85

Cumulative Loss

0.00%

Current Loss Detail

Amount

> Overall Trigger Event?

Liquidation

0.00

Pool Composition

Realized Loss

0.00

Step Down Date

Realized Loss Adjustment

0.00

Distribution Count

Properties

%/Score

Net Liquidation

0.00

Current Specified Enhancement %

(4)

22.53%

Cut-off LTV

8168.56%

Step Down %

(5)

43.60%

Cash Out/Refinance

79.15%

Credit Enhancement

Amount

% of Current Specified Enhancement %

(6)

41.35%

SFR

72.86%

Original OC

2,443,937.19

2.25%

> Step Down Date?

Target OC

2,444,670.84

2.25%

Min

Max

Beginning OC

2,444,670.84

Extra Principal

0.00

FICO

500

804

612.36

OC Amount per PSA

2,444,670.84

2.25%

Cumulative Extra Principal

0.00

Ending OC

2,444,670.84

OC Release

N/A

Mezz Certificates

21,242,000.00 19.55%

Pool Detail and Performance Indicators Group I Loans

Misc/Additional Information

Pool Level Information

N/A
N/A

Balance

218,099,170,207.38

2,113,319,498.09
1,945,357,326.45

Owner Occupied

2,541,869,727.74

95.20%

Page 12 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

531,707,485.28

2,500

3 mo. Rolling Average

9,659,312

595,809,104

1.63%

WAC - Remit Current

7.91%

7.92%

Cum Scheduled Principal

904,320.99

6 mo. Rolling Average

7,244,484

579,783,699

1.22%

WAC - Remit Original

4.99%

7.96%

7.07%

Cum Unscheduled Principal

23,402,863.25

12 mo. Rolling Average

7,244,484

579,783,699

1.22%

WAC - Current

8.39%

8.42%

Cum Liquidations

382,240.17

Loss Levels

Amount

Count

WAC - Original

5.31%

8.46%

7.52%

Cum Repurchases

1,596,736.11

3 mo. Cum Loss

393,837.52

WAL - Current

336.79

354.50

350.75

6 mo. Cum loss

393,837.52

WAL - Original

339.09

357.41

353.53

Current

Amount

Count

12 mo. Cum Loss

393,837.52

Beginning Pool

587,114,963.12

2,688

110.42%

Current Index Rate

Scheduled Principal

230,707.05

0.04%

Triggers

Next Index Rate

Unscheduled Principal

5,584,175.40

1.05%

Liquidations

382,240.17

0.07%

> Delinquency Trigger Event

(2)

Repurchases

280,432.29

0.05%

Delinquency Event Calc

(1)

18,107,361.27

587,114,963

3.08%

Ending Pool

580,637,408.21

2,656

109.20%

> Loss Trigger Event?

(3)

Average Loan Balance

218,613.48

Cumulative Loss

393,838

0.07%

Current Loss Detail

Amount

> Overall Trigger Event?

Liquidation

382,240.17

Pool Composition

Realized Loss

393,830.02

Step Down Date

Realized Loss Adjustment

7.50

Distribution Count

Properties

%/Score

Net Liquidation

(11,597.35)

Current Specified Enhancement %

(4)

28.84%

Cut-off LTV

8170.40%

Step Down %

(5)

55.40%

Cash Out/Refinance

78.79%

Credit Enhancement

Amount

% of Current Specified Enhancement %

(6)

28.90%

SFR

72.94%

Original OC

25,447,441.63

4.20%

> Step Down Date?

Target OC

25,447,318.75

4.20%

Min

Max

Beginning OC

25,447,318.75

Extra Principal

393,830.02

FICO

500

804

611.38

OC Amount per PSA

25,053,488.73

4.71%

Cumulative Extra Principal

393,830.02

Ending OC

25,447,318.75

OC Release

N/A

Mezz Certificates

142,383,000.00 26.78%

Pool Detail and Performance Indicators Group II Loans

Misc/Additional Information

Pool Level Information

N/A
N/A

Balance

575,769,264,707.90

5,552,500,287.45
5,139,982,677.25

Owner Occupied

6,705,993,170.38

95.16%

Page 13 of 85

23-May-2007 02:41

I-A-1

Act/360

46,295,645.64

5.440000000%

209,873.59

0.00

209,873.59

0.00

I-A-2

Act/360

30,413,000.00

5.560000000%

140,913.57

0.00

140,913.57

0.00

I-A-3

Act/360

5,781,000.00

5.620000000%

27,074.35

0.00

27,074.35

0.00

I-M-1

Act/360

4,292,000.00

5.720000000%

20,458.53

0.00

20,458.53

0.00

I-M-2

Act/360

3,803,000.00

5.760000000%

18,254.40

0.00

18,254.40

0.00

I-M-3

Act/360

2,227,000.00

5.780000000%

10,726.72

0.00

10,726.72

0.00

I-M-4

Act/360

2,010,000.00

6.170000000%

10,334.75

0.00

10,334.75

0.00

I-M-5

Act/360

1,901,000.00

6.570000000%

10,407.98

0.00

10,407.98

0.00

I-M-6

Act/360

1,793,000.00

6.970000000%

10,414.34

0.00

10,414.34

0.00

I-M-7

Act/360

1,684,000.00

7.820000000%

10,974.07

0.00

10,974.07

0.00

I-M-8

Act/360

1,358,000.00

7.820000000%

8,849.63

0.00

8,849.63

0.00

I-M-9

Act/360

1,087,000.00

7.820000000%

7,083.62

0.00

7,083.62

0.00

I-M-10

Act/360

1,087,000.00

7.820000000%

7,083.62

0.00

7,083.62

0.00

I-P

100.00

N/A

0.00

5,982.68

0.00

5,982.68

0.00

N/A

I-CE

106,176,316.48

N/A

264,109.75

3,339.44

0.00

267,449.19

0.00

N/A

II-1A-1

Act/360

133,031,678.31

5.380000000%

596,425.36

0.00

596,425.36

0.00

Yes

II-1A-2

Act/360

70,325,000.00

5.480000000%

321,150.83

0.00

321,150.83

0.00

II-1A-3

Act/360

16,145,000.00

5.570000000%

74,939.71

0.00

74,939.71

0.00

II-2A

Act/360

114,207,595.32

5.460000000%

519,644.56

0.00

519,644.56

0.00

II-3A

Act/360

85,575,370.74

5.460000000%

389,367.94

0.00

389,367.94

0.00

II-M-1

Act/360

34,536,000.00

5.590000000%

160,880.20

0.00

160,880.20

0.00

II-M-2

Act/360

29,083,000.00

5.600000000%

135,720.67

0.00

135,720.67

0.00

II-M-3

Act/360

12,118,000.00

5.630000000%

56,853.62

0.00

56,853.62

0.00

II-M-4

Act/360

13,329,000.00

5.690000000%

63,201.68

0.00

63,201.68

0.00

II-M-5

Act/360

12,118,000.00

5.710000000%

57,661.48

0.00

57,661.48

0.00

II-M-6

Act/360

7,270,000.00

5.760000000%

34,896.00

0.00

34,896.00

0.00

II-M-7

Act/360

9,997,000.00

6.370000000%

53,067.41

0.00

53,067.41

0.00

II-M-8

Act/360

5,453,000.00

6.820000000%

30,991.22

0.00

30,991.22

0.00

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

Bond Interest Reconciliation - Part I

- - Accrual - -

- - - - - - - - Outstanding - - - - - - - -

Class

Method

Days

Opening Balance

Pass-Thru Rate

Accrual

Certificate

Interest

Total Interest

Additions

Total Interest

Deductions

Remaining
Basis Risk

Carry-Fwd

Shortfall

Outstanding Relief

Act / Prepayment
Interest Shortfalls

Net Cap

Rate in

Effect Y/N

(1)

Basis Risk Carry-Forward Shortfall - difference between LIBOR plus margin and the Net Rate Cap.

Distributable

Certificate

Interest

Payment

Amount

Current Period

(Shortfall) /

Recovery

Remaining Int

Carry-Forward

Shortfall

Page 14 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

Bond Interest Reconciliation - Part I

II-M-9

Act/360

9,088,000.00

7.570000000%

57,330.13

0.00

57,330.13

0.00

II-M-10

Act/360

9,391,000.00

7.570000000%

59,241.56

0.00

59,241.56

0.00

II-P

100.00

N/A

0.00

43,949.75

0.00

43,949.75

0.00

N/A

II-CE

587,114,963.12

N/A

1,265,655.17

0.01

0.00

872,782.61

0.00

N/A

I-R-1

0.00

N/A

0.00

N/A

II-R-1

0.00

N/A

0.00

N/A

I-R-3

0.00

N/A

0.00

N/A

I-RX

0.00

N/A

0.00

N/A

II-RX

0.00

N/A

0.00

N/A

I-R-2

0.00

N/A

0.00

N/A

Total

665,399,490.01

4,633,586.46

53,271.88

0.00

4,293,985.77

0.00

- - Accrual - -

- - - - - - - - Outstanding - - - - - - - -

Class

Method

Days

Opening Balance

Pass-Thru Rate

Accrual

Certificate

Interest

Total Interest

Additions

Total Interest

Deductions

Remaining
Basis Risk

Carry-Fwd

Shortfall

Outstanding Relief

Act / Prepayment
Interest Shortfalls

Net Cap

Rate in

Effect Y/N

(1)

Basis Risk Carry-Forward Shortfall - difference between LIBOR plus margin and the Net Rate Cap.

Distributable

Certificate

Interest

Payment

Amount

Current Period

(Shortfall) /

Recovery

Remaining Int

Carry-Forward

Shortfall

Page 15 of 85

23-May-2007 02:41

I-A-1

24-May-07

25-Apr-07

25-May-07

0.00

I-A-2

24-May-07

25-Apr-07

25-May-07

0.00

I-A-3

24-May-07

25-Apr-07

25-May-07

0.00

I-M-1

24-May-07

25-Apr-07

25-May-07

0.00

I-M-2

24-May-07

25-Apr-07

25-May-07

0.00

I-M-3

24-May-07

25-Apr-07

25-May-07

0.00

I-M-4

24-May-07

25-Apr-07

25-May-07

0.00

I-M-5

24-May-07

25-Apr-07

25-May-07

0.00

I-M-6

24-May-07

25-Apr-07

25-May-07

0.00

I-M-7

24-May-07

25-Apr-07

25-May-07

0.00

I-M-8

24-May-07

25-Apr-07

25-May-07

0.00

I-M-9

24-May-07

25-Apr-07

25-May-07

0.00

I-M-10

24-May-07

25-Apr-07

25-May-07

0.00

I-P

30-Apr-07

1-Apr-07

1-May-07

0.00

5,982.68

0.00

I-CE

30-Apr-07

1-Apr-07

1-May-07

0.00

3,339.44

0.00

II-1A-1

24-May-07

25-Apr-07

25-May-07

0.00

II-1A-2

24-May-07

25-Apr-07

25-May-07

0.00

II-1A-3

24-May-07

25-Apr-07

25-May-07

0.00

II-2A

24-May-07

25-Apr-07

25-May-07

0.00

II-3A

24-May-07

25-Apr-07

25-May-07

0.00

II-M-1

24-May-07

25-Apr-07

25-May-07

0.00

II-M-2

24-May-07

25-Apr-07

25-May-07

0.00

II-M-3

24-May-07

25-Apr-07

25-May-07

0.00

II-M-4

24-May-07

25-Apr-07

25-May-07

0.00

II-M-5

24-May-07

25-Apr-07

25-May-07

0.00

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

Bond Interest Reconciliation - Part II

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

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

Class

Record Date

Prior Interest Due

Date

Current Interest

Due Date

Interest Rate

SWAP Agreement

Deposits from YM

Agreement

Prepayment

Premiums

Prior Int Carry-Fwd

Shortfall

Current Basis Risk

Carry-Fwd

Shortfall

(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.

(3)

Basis Risk Carry-Forward Shortfall - difference between LIBOR plus margin and the Net Rate Cap.

Prior Shortfall

Reimbursement

Other Interest

Proceeds

(1)

Other Interest

Losses

Current Int Carry-

Fwd Shortfall

(2)

Page 16 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

Bond Interest Reconciliation - Part II

II-M-6

24-May-07

25-Apr-07

25-May-07

0.00

II-M-7

24-May-07

25-Apr-07

25-May-07

0.00

II-M-8

24-May-07

25-Apr-07

25-May-07

0.00

II-M-9

24-May-07

25-Apr-07

25-May-07

0.00

II-M-10

24-May-07

25-Apr-07

25-May-07

0.00

II-P

30-Apr-07

1-Apr-07

1-May-07

0.00

43,949.75

0.00

II-CE

30-Apr-07

1-Apr-07

1-May-07

0.00

0.01

0.00

I-R-1

30-Apr-07

1-Apr-07

1-May-07

0.00

II-R-1

30-Apr-07

1-Apr-07

1-May-07

0.00

I-R-3

30-Apr-07

1-Apr-07

1-May-07

0.00

I-RX

30-Apr-07

1-Apr-07

1-May-07

0.00

II-RX

30-Apr-07

1-Apr-07

1-May-07

0.00

I-R-2

30-Apr-07

1-Apr-07

1-May-07

0.00

Total

0.00

49,932.43

0.00

3,339.45

0.00

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

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

Class

Record Date

Prior Interest Due

Date

Current Interest

Due Date

Current Basis Risk

Carry-Fwd

Shortfall

(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.

(3)

Basis Risk Carry-Forward Shortfall - difference between LIBOR plus margin and the Net Rate Cap.

Prior Shortfall

Reimbursement

Other Interest

Proceeds

(1)

Other Interest

Losses

Current Int Carry-

Fwd Shortfall

(2)

Interest Rate

SWAP Agreement

Deposits from YM

Agreement

Prepayment

Premiums

Prior Int Carry-Fwd

Shortfall

Page 17 of 85

23-May-2007 02:41

I-A-1

48,772,000.00

46,295,645.64

1,045,281.85

0.00

45,250,363.79

25-Feb-37

N/A

I-A-2

30,413,000.00

0.00

30,413,000.00

25-Feb-37

N/A

I-A-3

5,781,000.00

0.00

5,781,000.00

25-Feb-37

N/A

I-M-1

4,292,000.00

0.00

4,292,000.00

25-Feb-37

N/A

I-M-2

3,803,000.00

0.00

3,803,000.00

25-Feb-37

N/A

I-M-3

2,227,000.00

0.00

2,227,000.00

25-Feb-37

N/A

I-M-4

2,010,000.00

0.00

2,010,000.00

25-Feb-37

N/A

I-M-5

1,901,000.00

0.00

1,901,000.00

25-Feb-37

N/A

I-M-6

1,793,000.00

0.00

1,793,000.00

25-Feb-37

N/A

I-M-7

1,684,000.00

0.00

1,684,000.00

25-Feb-37

N/A

I-M-8

1,358,000.00

0.00

1,358,000.00

25-Feb-37

N/A

I-M-9

1,087,000.00

0.00

1,087,000.00

25-Feb-37

N/A

I-M-10

1,087,000.00

0.00

1,087,000.00

25-Feb-37

N/A

I-P

100.00

0.00

100.00

25-Feb-37

N/A

I-CE

108,652,037.19

106,176,316.48

0.00

105,131,034.63

25-Feb-37

N/A

II-1A-1

140,976,000.00

133,031,678.31

3,165,288.46

0.00

204,904.99

0.00

129,661,484.86

25-Jan-37

N/A

II-1A-2

70,325,000.00

0.00

70,325,000.00

25-Jan-37

N/A

II-1A-3

16,145,000.00

0.00

16,145,000.00

25-Jan-37

N/A

II-2A

118,512,000.00

114,207,595.32

1,599,944.75

0.00

103,572.45

0.00

112,504,078.12

25-Jan-37

N/A

II-3A

92,100,000.00

85,575,370.74

1,318,491.68

0.00

85,352.58

0.00

84,171,526.48

25-Jan-37

N/A

II-M-1

34,536,000.00

0.00

34,536,000.00

25-Jan-37

N/A

II-M-2

29,083,000.00

0.00

29,083,000.00

25-Jan-37

N/A

II-M-3

12,118,000.00

0.00

12,118,000.00

25-Jan-37

N/A

II-M-4

13,329,000.00

0.00

13,329,000.00

25-Jan-37

N/A

II-M-5

12,118,000.00

0.00

12,118,000.00

25-Jan-37

N/A

II-M-6

7,270,000.00

0.00

7,270,000.00

25-Jan-37

N/A

II-M-7

9,997,000.00

0.00

9,997,000.00

25-Jan-37

N/A

II-M-8

5,453,000.00

0.00

5,453,000.00

25-Jan-37

N/A

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

Bond Principal Reconciliation

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

- Credit Support -

Class

Original Class

Balance

Beginning Class

Balance

Scheduled Principal

Payment

Unscheduled

Principal
Payment

Extra

Principal
Payment

Prior
Loss

Reimburs.

Rated

Final

Maturity

Original

Current

Current
Losses

Cumulative

Losses

Interest on

Losses

Ending

Class Balance

Page 18 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

Bond Principal Reconciliation

II-M-9

9,088,000.00

0.00

9,088,000.00

25-Jan-37

N/A

II-M-10

9,391,000.00

0.00

9,391,000.00

25-Jan-37

N/A

II-P

100.00

0.00

100.00

25-Jan-37

N/A

II-CE

605,888,541.63

587,114,963.12

0.00

580,637,408.21

25-Jan-37

N/A

I-R-1

0.00

25-Feb-37

N/A

II-R-1

0.00

25-Jan-37

N/A

I-R-3

0.00

25-Feb-37

N/A

I-RX

0.00

25-Feb-37

N/A

II-RX

0.00

25-Jan-07

N/A

I-R-2

0.00

25-Feb-37

N/A

Total

686,649,200.00

665,399,490.01

7,129,006.74

(393,830.02)

393,830.02

0.00

657,876,653.25

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

- Credit Support -

Class

Original Class

Balance

Beginning Class

Balance

Scheduled Principal

Payment

Unscheduled

Principal
Payment

Extra

Principal
Payment

Prior
Loss

Reimburs.

Rated

Final

Maturity

Original

Current

Current
Losses

Cumulative

Losses

Interest on

Losses

Ending

Class Balance

Page 19 of 85

23-May-2007 02:41

Class

CUSIP

Fitch

Moody's

DBRS

S&P

I-A-1

07389UAA7

Aaa

I-A-2

07389UAB5

Aaa

I-A-3

07389UAC3

Aaa

I-M-1

07389UAD1

Aa1

I-M-2

07389UAE9

Aa2

I-M-3

07389UAF6

Aa3

I-M-4

07389UAG4

I-M-5

07389UAH2

I-M-6

07389UAJ8

I-M-7

07389UAK5

Baa1

I-M-8

07389UAL3

Baa2

I-M-9

07389UAM1

Baa3

I-M-10

07389UBC2

Ba1

I-P

07389UBE8

I-CE

07389UBD0

II-1A-1

07389UAN9

Aaa

AAA

II-1A-2

07389UAP4

Aaa

AAA

II-1A-3

07389UAQ2

Aaa

AAA

II-2A

07389UAR0

Aaa

AAA

II-3A

07389UAS8

Aaa

AAA

II-M-1

07389UAT6

Aa1

AA+

II-M-2

07389UAU3

Aa2

II-M-3

07389UAV1

Aa3

AA-

II-M-4

07389UAW9

II-M-5

07389UAX7

II-M-6

07389UAY5

A-

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

Ratings Information

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

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

(1)

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

Fitch

Moody's

DBRS

S&P

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.

Page 20 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

Ratings Information

Class

CUSIP

Fitch

Moody's

DBRS

S&P

II-M-7

07389UAZ2

BBB+

II-M-8

07389UBA6

Baa1

BBB

II-M-9

07389UBB4

Baa2

BBB-

II-M-10

07389UBK4

Baa3

BB+

II-P

07389UBM0

II-CE

07389UBL2

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

(1)

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

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

(1)

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

Fitch

Moody's

DBRS

S&P

Page 21 of 85

23-May-2007 02:41

Group II-I

Group II-II

Group II-III

Total

Pre-Funded Balance

0.00

Amount Withdrawn

0.00

Remaining Pre-Funded Balance

0.00

Interest Coverage Balance

0.00

Amount Withdrawn

0.00

Remaining Interest Coverage Balance

0.00

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Pre-Funding Account

Interest Coverage Account

Distribution Date: 25-May-07

Pre-Funding Account

Page 22 of 85

23-May-2007 02:41

Type

Count

Count (%)

Balance

Balance (%)

Arrears

Arrears (%)

REO Book Value

3055

93.7117%

642,220,113.95

93.0373%

0.00

0.0000%

0.00

102

3.1288%

24,155,286.66

3.4993%

0.00

0.0000%

0.00

1.6258%

14,225,832.97

2.0609%

0.00

0.0000%

0.00

90+

0.2147%

1,461,058.87

0.2117%

0.00

0.0000%

0.00

BKY90+

0.0307%

415,994.88

0.0603%

0.00

0.0000%

0.00

F/C90+

0.7669%

7,803,898.94

1.1305%

0.00

0.0000%

0.00

PIF

0.5215%

0.00

0.0000%

0.00

0.0000%

0.00

Total (Prior Month End):

3260

100.0000%

690,282,186.00

100.0000%

0.00

0.0000%

0.00

Delinq Total (Prior Month End):

188

5.7669%

48,062,072.00

6.9627%

0.00

0.0000%

0.00

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

End of Month Balance Reporting

F/C Quick Sale

Value

Total

Page 23 of 85

23-May-2007 02:41

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

25-May-07

3,037

638,020,126

101

23,841,532

14,225,833

1,461,059

415,995

7,803,899

25-Apr-07

3,138

663,271,011

18,728,509

7,332,516

1,087,567

416,081

2,455,596

26-Mar-07

3,236

687,079,125

13,343,759

4,614,648

26-Feb-07

3,312

703,779,974

8,325,448

25-May-07

94.20%

93.04%

3.13%

3.48%

1.64%

2.07%

0.22%

0.21%

0.03%

0.06%

0.78%

1.14%

0.00%

25-Apr-07

96.26%

95.67%

2.45%

2.70%

0.89%

1.06%

0.12%

0.16%

0.03%

0.06%

0.25%

0.35%

0.00%

26-Mar-07

97.59%

97.45%

1.87%

1.89%

0.54%

0.65%

0.00%

26-Feb-07

98.90%

98.83%

1.10%

1.17%

0.00%

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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.

Page 24 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

25-May-07

524

95,699,770

3,631,841

1,980,192

957,814

2,861,418

25-Apr-07

540

98,535,326

3,620,658

3,144,702

875,630

26-Mar-07

557

102,219,521

4,571,534

1,015,500

26-Feb-07

573

106,735,623

1,726,718

25-May-07

92.25%

91.03%

3.70%

3.45%

1.76%

1.88%

0.88%

0.91%

0.00%

1.41%

2.72%

0.00%

25-Apr-07

94.41%

92.80%

3.15%

3.41%

1.92%

2.96%

0.00%

0.52%

0.82%

0.00%

26-Mar-07

96.20%

94.82%

3.11%

4.24%

0.69%

0.94%

0.00%

26-Feb-07

98.62%

98.41%

1.38%

1.59%

0.00%

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

Group I Loans - Total

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

Page 25 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

25-May-07

11,321,002

217,853

139,567

25-Apr-07

11,546,314

258,393

26-Mar-07

11,672,591

139,714

26-Feb-07

11,515,115

304,468

25-May-07

96.30%

96.94%

2.47%

1.87%

1.23%

1.20%

0.00%

25-Apr-07

97.56%

97.81%

2.44%

2.19%

0.00%

26-Mar-07

98.78%

98.82%

0.00%

1.22%

1.18%

0.00%

26-Feb-07

97.56%

97.42%

2.44%

2.58%

0.00%

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

Group I Loans Fixed First Lien

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

Page 26 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

25-May-07

2,515,960

235,377

146,522

184,856

25-Apr-07

2,752,131

146,563

184,856

26-Mar-07

2,899,566

184,856

26-Feb-07

3,085,306

25-May-07

84.91%

81.62%

7.55%

7.64%

3.77%

4.75%

3.77%

6.00%

0.00%

25-Apr-07

92.45%

89.25%

3.77%

4.75%

3.77%

5.99%

0.00%

26-Mar-07

96.23%

94.01%

3.77%

5.99%

0.00%

26-Feb-07

100.00%

0.00%

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

Group I Loans Fixed Second Lien

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

Page 27 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

25-May-07

390

79,824,256

3,178,610

1,694,103

408,418

2,861,418

25-Apr-07

400

82,197,458

3,215,702

2,595,239

875,630

26-Mar-07

414

85,607,075

4,022,004

875,787

26-Feb-07

428

89,729,314

1,422,250

25-May-07

92.42%

90.74%

3.55%

3.61%

1.66%

1.93%

0.47%

0.46%

0.00%

1.90%

3.25%

0.00%

25-Apr-07

94.12%

92.48%

3.29%

3.62%

1.88%

2.92%

0.00%

0.71%

0.99%

0.00%

26-Mar-07

95.83%

94.59%

3.47%

4.44%

0.69%

0.97%

0.00%

26-Feb-07

98.62%

98.44%

1.38%

1.56%

0.00%

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

Group I Loans 228 ARM

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

Page 28 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

25-May-07

2,038,551

364,540

25-Apr-07

2,039,423

364,607

26-Mar-07

2,040,289

364,674

26-Feb-07

2,405,889

25-May-07

91.67%

84.83%

0.00%

8.33%

15.17%

0.00%

25-Apr-07

91.67%

84.83%

0.00%

8.33%

15.17%

0.00%

26-Mar-07

91.67%

84.84%

8.33%

15.16%

0.00%

26-Feb-07

100.00%

0.00%

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

Group I Loans 327 ARM

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

Page 29 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

25-May-07

2,513

542,320,356

20,209,691

12,245,641

503,245

415,995

4,942,481

25-Apr-07

2,598

564,735,685

15,107,851

4,187,813

1,087,567

416,081

1,579,966

26-Mar-07

2,679

584,859,604

8,772,225

3,599,147

26-Feb-07

2,462

522,863,294

6,598,730

25-May-07

94.62%

93.40%

3.01%

3.48%

1.62%

2.11%

0.08%

0.09%

0.04%

0.07%

0.64%

0.85%

0.00%

25-Apr-07

96.65%

96.19%

2.31%

2.57%

0.67%

0.71%

0.15%

0.19%

0.04%

0.07%

0.19%

0.27%

0.00%

26-Mar-07

97.88%

97.93%

1.61%

1.47%

0.51%

0.60%

0.00%

26-Feb-07

98.84%

98.75%

1.16%

1.25%

0.00%

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

Group II Loans - Total

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

Page 30 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

25-May-07

209

45,773,842

1,627,344

2,164,161

25-Apr-07

216

48,481,643

1,938,698

26-Mar-07

223

50,559,200

573,600

26-Feb-07

203

44,568,175

219,390

25-May-07

95.43%

92.35%

2.28%

3.28%

2.28%

4.37%

0.00%

25-Apr-07

97.30%

96.15%

2.70%

3.85%

0.00%

26-Mar-07

99.11%

98.88%

0.89%

1.12%

0.00%

26-Feb-07

99.51%

0.49%

0.00%

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

Group II Loans Subgroup I Fixed First Lien

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

Page 31 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

25-May-07

169

11,858,083

546,955

493,031

134,754

25-Apr-07

175

12,274,433

702,989

134,754

26-Mar-07

178

12,777,587

469,352

22,597

26-Feb-07

169

11,899,953

50,967

25-May-07

92.86%

90.99%

3.85%

4.20%

2.75%

3.78%

0.55%

1.03%

0.00%

25-Apr-07

95.63%

93.61%

3.83%

5.36%

0.55%

1.03%

0.00%

26-Mar-07

96.22%

96.29%

3.24%

3.54%

0.54%

0.17%

0.00%

26-Feb-07

98.83%

99.57%

1.17%

0.43%

0.00%

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

Group II Loans Subgroup I Fixed Second Lien

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

Page 32 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

25-May-07

696

202,892,340

8,228,335

4,642,263

368,490

415,995

2,272,529

25-Apr-07

721

210,400,657

6,175,171

1,899,541

368,696

416,081

843,458

26-Mar-07

742

217,403,594

4,208,550

1,515,891

26-Feb-07

667

187,622,754

3,370,216

25-May-07

93.55%

92.72%

3.63%

3.76%

1.61%

2.12%

0.13%

0.17%

0.13%

0.19%

0.94%

1.04%

0.00%

25-Apr-07

96.26%

95.59%

2.27%

2.81%

0.93%

0.86%

0.13%

0.17%

0.13%

0.19%

0.27%

0.38%

0.00%

26-Mar-07

97.50%

97.43%

1.97%

1.89%

0.53%

0.68%

0.00%

26-Feb-07

98.52%

98.24%

1.48%

1.76%

0.00%

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

Group II Loans Subgroup I 228 ARM

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

Page 33 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

25-May-07

19,064,494

1,349,074

1,530,292

25-Apr-07

100

21,162,199

1,681,696

317,570

123,515

26-Mar-07

105

22,995,681

1,006,346

478,733

26-Feb-07

105

21,713,573

1,080,943

25-May-07

92.08%

86.88%

3.96%

6.15%

3.96%

6.97%

0.00%

25-Apr-07

92.59%

90.88%

4.63%

7.22%

1.85%

1.36%

0.93%

0.53%

0.00%

26-Mar-07

91.30%

93.93%

6.96%

4.11%

1.74%

1.96%

0.00%

26-Feb-07

93.75%

95.26%

6.25%

4.74%

0.00%

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

Group II Loans Subgroup I 327 ARM

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

Page 34 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

25-May-07

194

35,665,627

149,696

414,670

25-Apr-07

196

35,962,194

414,806

26-Mar-07

199

36,403,558

26-Feb-07

180

32,590,824

25-May-07

97.98%

98.44%

0.51%

0.41%

1.52%

1.14%

0.00%

25-Apr-07

98.49%

98.86%

1.51%

1.14%

0.00%

26-Mar-07

100.00%

0.00%

26-Feb-07

100.00%

0.00%

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

Group II Loans Subgroup II Fixed First Lien

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

Page 35 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

25-May-07

115

5,057,055

70,423

164,519

25-Apr-07

116

5,115,800

235,015

26-Mar-07

121

5,348,002

29,954

29,838

26-Feb-07

116

5,028,066

25-May-07

95.83%

95.56%

1.67%

1.33%

2.50%

3.11%

0.00%

25-Apr-07

95.87%

95.61%

4.13%

4.39%

0.00%

26-Mar-07

98.37%

98.89%

0.81%

0.55%

0.81%

0.55%

0.00%

26-Feb-07

100.00%

0.00%

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

Group II Loans Subgroup II Fixed Second Lien

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

Page 36 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

25-May-07

437

99,448,381

3,691,628

1,930,692

568,498

25-Apr-07

455

103,825,717

2,156,755

274,075

500,450

26-Mar-07

467

106,859,094

665,689

500,758

26-Feb-07

433

97,460,180

569,536

25-May-07

94.38%

94.14%

3.46%

3.49%

1.51%

1.83%

0.00%

0.65%

0.54%

0.00%

25-Apr-07

97.22%

97.25%

1.92%

2.02%

0.43%

0.26%

0.00%

0.43%

0.47%

0.00%

26-Mar-07

98.52%

98.92%

1.05%

0.62%

0.42%

0.46%

0.00%

26-Feb-07

99.31%

99.42%

0.69%

0.58%

0.00%

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

Group II Loans Subgroup II 228 ARM

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

Page 37 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

25-May-07

10,862,294

25-Apr-07

11,138,614

26-Mar-07

12,025,742

26-Feb-07

12,029,970

25-May-07

100.00%

0.00%

25-Apr-07

100.00%

0.00%

26-Mar-07

100.00%

0.00%

26-Feb-07

100.00%

0.00%

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

Group II Loans Subgroup II 327 ARM

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

Page 38 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

25-May-07

144

26,779,635

168,109

25-Apr-07

146

27,125,204

26-Mar-07

150

28,050,211

26-Feb-07

140

26,490,539

64,890

25-May-07

99.31%

99.38%

0.69%

0.62%

0.00%

25-Apr-07

100.00%

0.00%

26-Mar-07

100.00%

0.00%

26-Feb-07

99.29%

99.76%

0.71%

0.24%

0.00%

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

Group II Loans Subgroup III Fixed First Lien

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

Page 39 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

25-May-07

339

74,093,855

4,378,127

236,345

2,101,454

25-Apr-07

353

78,162,910

1,132,580

1,561,873

473,833

236,057

26-Mar-07

365

80,447,229

1,818,735

929,739

26-Feb-07

325

72,528,789

1,121,126

25-May-07

92.88%

91.69%

4.66%

5.42%

0.55%

0.29%

0.00%

1.92%

2.60%

0.00%

25-Apr-07

95.66%

95.83%

2.17%

1.39%

1.63%

1.91%

0.27%

0.58%

0.00%

0.27%

0.29%

0.00%

26-Mar-07

97.33%

96.70%

1.87%

2.19%

0.80%

1.12%

0.00%

26-Feb-07

98.78%

98.48%

1.22%

1.52%

0.00%

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

Group II Loans Subgroup III 228 ARM

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

Page 40 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

25-May-07

10,824,752

669,669

25-Apr-07

11,086,315

670,141

121,523

26-Mar-07

11,989,705

121,593

26-Feb-07

10,930,471

121,662

25-May-07

96.55%

94.17%

0.00%

3.45%

5.83%

0.00%

25-Apr-07

95.00%

93.34%

3.33%

5.64%

0.00%

1.67%

1.02%

0.00%

26-Mar-07

98.36%

99.00%

0.00%

1.64%

1.00%

0.00%

26-Feb-07

98.21%

98.90%

1.79%

1.10%

0.00%

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

Group II Loans Subgroup III 327 ARM

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

Page 41 of 85

23-May-2007 02:41

Balance

25-May-07

7,803,899

415,995

25-Apr-07

2,455,596

416,081

26-Mar-07

26-Feb-07

25-May-07

0.00%

0.78%

1.14%

0.00%

0.03%

0.06%

25-Apr-07

0.00%

0.25%

0.35%

0.00%

0.03%

0.06%

26-Mar-07

0.00%

26-Feb-07

0.00%

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Page 42 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Balance

25-May-07

2,861,418

25-Apr-07

875,630

26-Mar-07

26-Feb-07

25-May-07

0.00%

1.41%

2.72%

0.00%

25-Apr-07

0.00%

0.52%

0.82%

0.00%

26-Mar-07

0.00%

26-Feb-07

0.00%

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

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

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

31-60 Days

61-90 Days

Distribution

Date

Current

31-60 Days

61-90 Days

90 + Days

Group I Loans - Total

90 + Days

Current

31-60 Days

61-90 Days

90 + Days

Current

Page 43 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Balance

25-May-07

25-Apr-07

26-Mar-07

26-Feb-07

25-May-07

0.00%

25-Apr-07

0.00%

26-Mar-07

0.00%

26-Feb-07

0.00%

- - - - - - - - - - - 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

Group I Loans Fixed First Lien

61-90 Days

90 + Days

Current

31-60 Days

Page 44 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Balance

25-May-07

25-Apr-07

26-Mar-07

26-Feb-07

25-May-07

0.00%

25-Apr-07

0.00%

26-Mar-07

0.00%

26-Feb-07

0.00%

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

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

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

31-60 Days

61-90 Days

Distribution

Date

Current

31-60 Days

61-90 Days

90 + Days

Group I Loans Fixed Second Lien

90 + Days

Current

31-60 Days

61-90 Days

90 + Days

Current

Page 45 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Balance

25-May-07

2,861,418

25-Apr-07

875,630

26-Mar-07

26-Feb-07

25-May-07

0.00%

1.90%

3.25%

0.00%

25-Apr-07

0.00%

0.71%

0.99%

0.00%

26-Mar-07

0.00%

26-Feb-07

0.00%

- - - - - - - - - - - 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

Group I Loans 228 ARM

61-90 Days

90 + Days

Current

31-60 Days

Page 46 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Balance

25-May-07

25-Apr-07

26-Mar-07

26-Feb-07

25-May-07

0.00%

25-Apr-07

0.00%

26-Mar-07

0.00%

26-Feb-07

0.00%

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

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

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

31-60 Days

61-90 Days

Distribution

Date

Current

31-60 Days

61-90 Days

90 + Days

Group I Loans 327 ARM

90 + Days

Current

31-60 Days

61-90 Days

90 + Days

Current

Page 47 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Balance

25-May-07

4,942,481

415,995

25-Apr-07

1,579,966

416,081

26-Mar-07

26-Feb-07

25-May-07

0.00%

0.64%

0.85%

0.00%

0.04%

0.07%

25-Apr-07

0.00%

0.19%

0.27%

0.00%

0.04%

0.07%

26-Mar-07

0.00%

26-Feb-07

0.00%

- - - - - - - - - - - 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

Group II Loans - Total

61-90 Days

90 + Days

Current

31-60 Days

Page 48 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Balance

25-May-07

25-Apr-07

26-Mar-07

26-Feb-07

25-May-07

0.00%

25-Apr-07

0.00%

26-Mar-07

0.00%

26-Feb-07

0.00%

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

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

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

31-60 Days

61-90 Days

Distribution

Date

Current

31-60 Days

61-90 Days

90 + Days

Group II Loans Subgroup I Fixed First Lien

90 + Days

Current

31-60 Days

61-90 Days

90 + Days

Current

Page 49 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Balance

25-May-07

25-Apr-07

26-Mar-07

26-Feb-07

25-May-07

0.00%

25-Apr-07

0.00%

26-Mar-07

0.00%

26-Feb-07

0.00%

- - - - - - - - - - - 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

Group II Loans Subgroup I Fixed Second Lien

61-90 Days

90 + Days

Current

31-60 Days

Page 50 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Balance

25-May-07

2,272,529

415,995

25-Apr-07

843,458

416,081

26-Mar-07

26-Feb-07

25-May-07

0.00%

0.94%

1.04%

0.00%

0.13%

0.19%

25-Apr-07

0.00%

0.27%

0.38%

0.00%

0.13%

0.19%

26-Mar-07

0.00%

26-Feb-07

0.00%

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

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

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

31-60 Days

61-90 Days

Distribution

Date

Current

31-60 Days

61-90 Days

90 + Days

Group II Loans Subgroup I 228 ARM

90 + Days

Current

31-60 Days

61-90 Days

90 + Days

Current

Page 51 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Balance

25-May-07

25-Apr-07

26-Mar-07

26-Feb-07

25-May-07

0.00%

25-Apr-07

0.00%

26-Mar-07

0.00%

26-Feb-07

0.00%

- - - - - - - - - - - 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

Group II Loans Subgroup I 327 ARM

61-90 Days

90 + Days

Current

31-60 Days

Page 52 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Balance

25-May-07

25-Apr-07

26-Mar-07

26-Feb-07

25-May-07

0.00%

25-Apr-07

0.00%

26-Mar-07

0.00%

26-Feb-07

0.00%

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

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

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

31-60 Days

61-90 Days

Distribution

Date

Current

31-60 Days

61-90 Days

90 + Days

Group II Loans Subgroup II Fixed First Lien

90 + Days

Current

31-60 Days

61-90 Days

90 + Days

Current

Page 53 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Balance

25-May-07

25-Apr-07

26-Mar-07

26-Feb-07

25-May-07

0.00%

25-Apr-07

0.00%

26-Mar-07

0.00%

26-Feb-07

0.00%

- - - - - - - - - - - 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

Group II Loans Subgroup II Fixed Second Lien

61-90 Days

90 + Days

Current

31-60 Days

Page 54 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Balance

25-May-07

568,498

25-Apr-07

500,450

26-Mar-07

26-Feb-07

25-May-07

0.00%

0.65%

0.54%

0.00%

25-Apr-07

0.00%

0.43%

0.47%

0.00%

26-Mar-07

0.00%

26-Feb-07

0.00%

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

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

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

31-60 Days

61-90 Days

Distribution

Date

Current

31-60 Days

61-90 Days

90 + Days

Group II Loans Subgroup II 228 ARM

90 + Days

Current

31-60 Days

61-90 Days

90 + Days

Current

Page 55 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Balance

25-May-07

25-Apr-07

26-Mar-07

26-Feb-07

25-May-07

0.00%

25-Apr-07

0.00%

26-Mar-07

0.00%

26-Feb-07

0.00%

- - - - - - - - - - - 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

Group II Loans Subgroup II 327 ARM

61-90 Days

90 + Days

Current

31-60 Days

Page 56 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Balance

25-May-07

25-Apr-07

26-Mar-07

26-Feb-07

25-May-07

0.00%

25-Apr-07

0.00%

26-Mar-07

0.00%

26-Feb-07

0.00%

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

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

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

31-60 Days

61-90 Days

Distribution

Date

Current

31-60 Days

61-90 Days

90 + Days

Group II Loans Subgroup III Fixed First Lien

90 + Days

Current

31-60 Days

61-90 Days

90 + Days

Current

Page 57 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Balance

25-May-07

2,101,454

25-Apr-07

236,057

26-Mar-07

26-Feb-07

25-May-07

0.00%

1.92%

2.60%

0.00%

25-Apr-07

0.00%

0.27%

0.29%

0.00%

26-Mar-07

0.00%

26-Feb-07

0.00%

- - - - - - - - - - - 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

Group II Loans Subgroup III 228 ARM

61-90 Days

90 + Days

Current

31-60 Days

Page 58 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Balance

25-May-07

25-Apr-07

26-Mar-07

26-Feb-07

25-May-07

0.00%

25-Apr-07

0.00%

26-Mar-07

0.00%

26-Feb-07

0.00%

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

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

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

31-60 Days

61-90 Days

Distribution

Date

Current

31-60 Days

61-90 Days

90 + Days

Group II Loans Subgroup III 327 ARM

90 + Days

Current

31-60 Days

61-90 Days

90 + Days

Current

Page 59 of 85

23-May-2007 02:41

Insurance

Substitution

Liquidation

Remaining Term

Balance

Proceeds

Amount

Life

Coupon

Remit

25-May-07

3,224

685,768,443

6,860,132

0.00

(11,589.85)

393,830

351

8.41%

7.91%

25-Apr-07

3,260

693,291,280

11,451,948

0.00

352

8.42%

7.91%

26-Mar-07

3,316

705,037,532

6,276,078

0.00

353

8.43%

7.92%

26-Feb-07

3,349

712,105,421

2,166,875

0.00

354

7.57%

7.12%

25-May-07

11,678,423

119,584

0.00

352

8.64%

8.14%

25-Apr-07

11,804,707

0.00

353

8.64%

8.14%

26-Mar-07

11,812,305

0.00

354

8.64%

8.14%

26-Feb-07

11,819,583

0.00

355

8.64%

8.14%

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Curr Weighted Avg.

Total (All Loans)

Group I Loans Fixed First Lien

Distribution

Date

Ending Pool

Payoffs

Realized Losses

Page 60 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Insurance

Substitution

Liquidation

Remaining Term

Balance

Proceeds

Amount

Life

Coupon

Remit

25-May-07

3,082,716

0.00

287

11.42%

10.91%

25-Apr-07

3,083,551

0.00

288

11.42%

10.91%

26-Mar-07

3,084,423

0.00

289

12.17%

11.66%

26-Feb-07

3,085,306

0.00

291

12.17%

11.66%

25-May-07

422

87,966,806

887,106

0.00

355

8.93%

8.43%

25-Apr-07

425

88,884,028

1,587,831

0.00

356

8.94%

8.43%

26-Mar-07

432

90,504,865

616,138

0.00

357

8.93%

8.43%

26-Feb-07

434

91,151,564

144,308

0.00

358

8.93%

8.43%

Curr Weighted Avg.

Group I Loans Fixed Second Lien

Group I Loans 228 ARM

Distribution

Date

Ending Pool

Payoffs

Realized Losses

Page 61 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Insurance

Substitution

Liquidation

Remaining Term

Balance

Proceeds

Amount

Life

Coupon

Remit

25-May-07

2,403,091

0.00

354

9.10%

8.59%

25-Apr-07

2,404,030

0.00

355

9.10%

8.59%

26-Mar-07

2,404,963

0.00

356

9.10%

8.59%

26-Feb-07

2,405,889

0.00

357

9.10%

8.59%

25-May-07

219

49,565,347

826,578

0.00

351

7.79%

7.29%

25-Apr-07

222

50,420,341

682,735

0.00

352

7.79%

7.29%

26-Mar-07

225

51,132,801

333,324

0.00

353

7.80%

7.30%

26-Feb-07

204

44,787,565

218,518

0.00

354

7.85%

7.34%

Curr Weighted Avg.

Group I Loans 327 ARM

Group II Loans Subgroup I Fixed First Lien

Distribution

Date

Ending Pool

Payoffs

Realized Losses

Page 62 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Insurance

Substitution

Liquidation

Remaining Term

Balance

Proceeds

Amount

Life

Coupon

Remit

25-May-07

182

13,032,823

73,705

0.00

254

11.23%

10.73%

25-Apr-07

183

13,112,177

151,338

0.00

254

11.25%

10.74%

26-Mar-07

185

13,269,535

276,174

0.00

255

11.35%

10.85%

26-Feb-07

171

11,950,920

94,741

0.00

255

11.37%

10.87%

25-May-07

744

218,819,953

1,206,771

0.00

354

8.28%

7.78%

25-Apr-07

749

220,103,604

2,948,426

0.00

355

8.29%

7.79%

26-Mar-07

761

223,128,035

1,082,847

0.00

356

8.29%

7.79%

26-Feb-07

677

190,992,971

332,277

0.00

357

8.31%

7.81%

Curr Weighted Avg.

Group II Loans Subgroup I Fixed Second Lien

Group II Loans Subgroup I 228 ARM

Distribution

Date

Ending Pool

Payoffs

Realized Losses

Page 63 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Insurance

Substitution

Liquidation

Remaining Term

Balance

Proceeds

Amount

Life

Coupon

Remit

25-May-07

101

21,943,860

952,238

0.00

(11,589.85)

393,830

354

8.47%

7.97%

25-Apr-07

108

23,284,979

1,187,709

0.00

355

8.51%

8.00%

26-Mar-07

115

24,480,760

0.00

356

8.51%

8.00%

26-Feb-07

112

22,794,517

0.00

357

8.59%

8.09%

25-May-07

198

36,229,993

122,464

0.00

348

7.83%

7.33%

25-Apr-07

199

36,377,000

0.00

349

7.83%

7.33%

26-Mar-07

199

36,403,558

190,842

0.00

350

7.83%

7.33%

26-Feb-07

180

32,590,824

0.00

350

7.82%

7.32%

Curr Weighted Avg.

Group II Loans Subgroup I 327 ARM

Group II Loans Subgroup II Fixed First Lien

Distribution

Date

Ending Pool

Payoffs

Realized Losses

Page 64 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Insurance

Substitution

Liquidation

Remaining Term

Balance

Proceeds

Amount

Life

Coupon

Remit

25-May-07

120

5,291,997

56,270

0.00

259

11.42%

10.92%

25-Apr-07

121

5,350,816

54,379

0.00

259

11.43%

10.93%

26-Mar-07

123

5,407,794

42,706

0.00

260

11.43%

10.92%

26-Feb-07

116

5,028,066

0.00

255

11.44%

10.93%

25-May-07

463

105,639,199

1,078,552

0.00

355

8.29%

7.79%

25-Apr-07

468

106,756,997

1,229,187

0.00

356

8.30%

7.80%

26-Mar-07

474

108,025,540

1,331,314

0.00

357

8.30%

7.80%

26-Feb-07

436

98,029,716

259,425

0.00

358

8.28%

7.78%

Curr Weighted Avg.

Group II Loans Subgroup II Fixed Second Lien

Group II Loans Subgroup II 228 ARM

Distribution

Date

Ending Pool

Payoffs

Realized Losses

Page 65 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Insurance

Substitution

Liquidation

Remaining Term

Balance

Proceeds

Amount

Life

Coupon

Remit

25-May-07

10,862,294

272,599

0.00

354

8.59%

8.09%

25-Apr-07

11,138,614

882,978

0.00

355

8.65%

8.14%

26-Mar-07

12,025,742

0.00

356

8.65%

8.14%

26-Feb-07

12,029,970

0.00

357

8.65%

8.14%

25-May-07

145

26,947,743

159,033

0.00

350

7.77%

7.27%

25-Apr-07

146

27,125,204

905,136

0.00

351

7.78%

7.28%

26-Mar-07

150

28,050,211

587,633

0.00

352

7.80%

7.30%

26-Feb-07

141

26,555,429

338,867

0.00

353

7.78%

7.28%

Curr Weighted Avg.

Group II Loans Subgroup II 327 ARM

Group II Loans Subgroup III Fixed First Lien

Distribution

Date

Ending Pool

Payoffs

Realized Losses

Page 66 of 85

23-May-2007 02:41

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

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

Insurance

Substitution

Liquidation

Remaining Term

Balance

Proceeds

Amount

Life

Coupon

Remit

25-May-07

365

80,809,780

726,914

0.00

355

8.37%

7.87%

25-Apr-07

369

81,567,253

1,594,389

0.00

356

8.38%

7.87%

26-Mar-07

375

83,195,704

1,815,100

0.00

357

8.39%

7.89%

26-Feb-07

329

73,649,914

778,739

0.00

358

8.39%

7.89%

25-May-07

11,494,421

378,316

0.00

355

8.08%

7.58%

25-Apr-07

11,877,979

227,840

0.00

356

8.11%

7.61%

26-Mar-07

12,111,297

0.00

357

8.11%

7.61%

26-Feb-07

11,052,133

0.00

358

8.14%

7.64%

Curr Weighted Avg.

Group II Loans Subgroup III 228 ARM

Group II Loans Subgroup III 327 ARM

Distribution

Date

Ending Pool

Payoffs

Realized Losses

Page 67 of 85

23-May-2007 02:41

SMM (Single Monthly Mortality)

Total

Current Period

1.05%

3-Month Average

1.21%

6-Month Average

0.98%

12-Month Average

0.98%

Average Since Cut-Off

0.98%

CPR (Conditional Prepayment Rate)

Total

Current Period

11.86%

3-Month Average

13.54%

6-Month Average

11.06%

12-Month Average

11.06%

Average Since Cut-Off

11.06%

PSA (Public Securities Association)

Total

Current Period

198%

3-Month Average

226%

6-Month Average

184%

12-Month Average

184%

Average Since Cut-Off

184%

SMM

Single Monthly Mortality

(Partial and Full Prepayments + Repurchases + Curtailments + Liquidations + Other Prin Proceeds) / (Beginning Collateral Bal - Scheduled Prin)

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)

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

Prepayment Summary

0.00%

2.43%

4.86%

7.29%

9.71%

12.14%

14.57%

17.00%

Jun-06

Jul-06

Aug-06

Sep-06

Oct-06

Nov-06

Dec-06

Jan-07

Feb-07

Mar-07

Apr-07

May-07

0.00%

14.29%

28.57%

42.86%

57.14%

71.43%

85.71%

100.00%

Jun-06

Jul-06

Aug-06

Sep-06

Oct-06

Nov-06

Dec-06

Jan-07

Feb-07

Mar-07

Apr-07

May-07

229%

457%

686%

914%

1143%

1371%

1600%

Jun-06

Jul-06

Aug-06

Sep-06

Oct-06

Nov-06

Dec-06

Jan-07

Feb-07

Mar-07

Apr-07

May-07

Page 68 of 85

23-May-2007 02:41

Min

Max

Count

% of Total

Balance

% of Total

Min

Max

Count

% of Total

Balance

% of Total

11,000

64,000

326

10.11%

14,478,967

2.11%

11,000

65,000

350

10.44%

15,908,400

2.23%

64,000

88,000

260

8.06%

19,720,836

2.88%

65,000

88,000

253

7.55%

19,409,963

2.72%

88,000

112,000

261

8.10%

26,107,998

3.81%

88,000

111,000

257

7.66%

25,604,540

3.59%

112,000

136,000

294

9.12%

36,449,804

5.32%

111,000

134,000

295

8.80%

36,094,306

5.06%

136,000

160,000

255

7.91%

37,787,114

5.51%

134,000

157,000

260

7.75%

37,726,762

5.28%

160,000

182,000

218

6.76%

37,230,329

5.43%

157,000

182,000

267

7.96%

45,140,536

6.32%

182,000

227,000

403

12.50%

82,035,185

11.96%

182,000

227,000

417

12.44%

85,028,826

11.91%

227,000

272,000

341

10.58%

84,712,342

12.35%

227,000

272,000

350

10.44%

86,958,036

12.18%

272,000

317,000

229

7.10%

67,295,192

9.81%

272,000

317,000

241

7.19%

70,883,462

9.93%

317,000

362,000

169

5.24%

56,853,241

8.29%

317,000

362,000

176

5.25%

59,283,525

8.30%

362,000

406,000

145

4.50%

55,662,586

8.12%

362,000

405,000

153

4.56%

58,801,322

8.24%

406,000

1,061,000

323

10.02%

167,434,847

24.42%

405,000

1,062,000

334

9.96%

173,139,191

24.25%

3,224

100.00%

685,768,443

100.00%

3,353

100.00%

713,978,870

100.00%

Min

Max

Count

% of Total

Balance

% of Total

Min

Max

Count

% of Total

Balance

% of Total

5.63%

6.98%

278

8.62%

78,599,151

11.46%

5.63%

6.98%

285

8.50%

80,728,491

11.31%

6.98%

7.33%

243

7.54%

68,878,388

10.04%

6.98%

7.33%

250

7.46%

71,007,615

9.95%

7.33%

7.67%

229

7.10%

58,360,408

8.51%

7.33%

7.67%

234

6.98%

59,581,721

8.35%

7.67%

8.02%

341

10.58%

87,210,001

12.72%

7.67%

8.02%

354

10.56%

89,931,066

12.60%

8.02%

8.36%

203

6.30%

47,474,517

6.92%

8.02%

8.36%

213

6.35%

50,348,645

7.05%

8.36%

8.73%

321

9.96%

77,631,180

11.32%

8.36%

8.74%

350

10.44%

84,560,827

11.84%

8.73%

9.17%

459

14.24%

96,526,492

14.08%

8.74%

9.19%

464

13.84%

96,157,672

13.47%

9.17%

9.61%

293

9.09%

60,628,245

8.84%

9.19%

9.63%

317

9.45%

66,030,122

9.25%

9.61%

10.05%

293

9.09%

51,879,705

7.57%

9.63%

10.06%

295

8.80%

52,755,821

7.39%

10.05%

10.48%

112

3.47%

17,497,654

2.55%

10.06%

10.50%

154

4.59%

24,306,409

3.40%

10.48%

10.98%

114

3.54%

16,398,262

2.39%

10.50%

11.00%

111

3.31%

15,359,399

2.15%

10.98%

14.20%

338

10.48%

24,684,439

3.60%

11.00%

14.20%

326

9.72%

23,211,082

3.25%

3,224

100.00%

685,768,443

100.00%

3,353

100.00%

713,978,870

100.00%

Bear Stearns Asset Backed Securities I Trust

Asset-Backed Certificates

Series 2007-HE1

Distribution Date: 25-May-07

Mortgage Loan Characteristics Part I

Distribution by Current Ending Principal Balance

Distribution by Cut-off Principal Balance

Distribution by Current Mortgage Rate

Distribution by Original Mortgage Rate

Page 69 of 85

23-May-2007 02:41

2,226

539,939,402

78.73%

354.50

8.41%

2,324

562,558,963

78.79%

360.00

8.43%

643

124,421,506

18.14%

349.97

7.88%

664

129,226,428

18.10%

355.70

7.89%

355

21,407,535

3.12%

260.08

11.48%

365

22,193,479

3.11%

263.64

11.48%

3,224

685,768,443

100.00%

3,353

713,978,870

100.00%

2,418

497,007,937

72.47%

350.73

8.39%

2,520

519,909,226

72.82%

356.23

8.41%

385

90,654,469

13.22%

351.63

8.42%

399

92,509,013

12.96%

356.92

8.43%

201

54,702,591

7.98%

351.34

8.47%

208

56,352,235

7.89%

356.92

8.48%

193

37,547,463

5.48%

347.44

8.55%

198

39,083,115

5.47%

353.29

8.57%

Bear Stearns Asset Backed Securities I Trust 2007-HE1 10-D