Content:

Pages

Contact Information:

5/25/2007 0:00

Statement to Certificate Holders

2-3

Analyst:

Vamsi Kaipa

714.259.6252

Statement to Certificate Holders (Factors)

4-5

vamsi.kaipa@abnamro.com

Pool/Non-Pool Funds Cash Reconciliation

4/25/2007 0:00

Administrator:

Megan Novak

312.904.6709

Pool Detail and Performance Indicators

7-9

megan.novak@abnamro.com

Bond Interest Reconciliation Part I

LaSalle Website:

www.etrustee.net

Bond Interest Reconciliation Part II

6/25/2007 0:00

Bond Principal Reconciliation

Rating Information

Outside Parties To The Transaction

End of Month Balance Reporting

14-15

5/24/2007

15 Month Loan Status Summary Part I

16-18

15 Month Loan Status Summary Part II

19-21

15 Month Historical Payoff Summary

22-23

Prepayment Summary

Mortgage Loan Characteristics Part I

Mortgage Loan Characteristics Part II

26-28

Geographic Concentration

2/28/2007

Current Period Realized Loss Detail

Historical Realized Loss Summary

31-33

Realized Loss Summary

3/26/2007 0:00

Historical Collateral Level REO Report

Material Breaches Detail

Releases

Modified Loan Detail

2/25/2037 0:00

Substitution Detail History

Substitution Detail History Summary

5/15/2007 0:00

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

Distribution Date: 25-May-07

ABN AMRO Acct : 724524.1

Payment Date:

25-May-07

Prior Payment:

25-Apr-07

Next Payment:

25-Jun-07

Record Date:

24-May-07

Distribution

Count:

Depositor: Bear Stearns Asset Backed Securities I LLC

Underwriter: Bear Stearns & Co. Inc.

Closing Date:

28-Feb-07

Master Servicer: ABN AMRO LaSalle Bank N.A.

First Pay. Date:

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

26-Mar-07

Rated Final

Payment Date:

25-Feb-37

Determination

Date:

15-May-07

Delinq Method:

OTS

23-May-2007 12:54

I-A

78581NAA0

138,227,000.00

131,855,224.93

2,179,397.72

0.00

129,675,827.21

602,138.86

0.00

5.4800000000%

II-A

78581NAB8

20,226,000.00

19,781,038.11

299,382.75

0.00

19,481,655.36

90,168.57

0.00

5.4700000000%

M-1

78581NAC6

10,882,000.00

0.00

10,882,000.00

52,324.28

0.00

5.7700000000%

M-2

78581NAD4

12,103,000.00

0.00

12,103,000.00

58,598.69

0.00

5.8100000000%

M-3

78581NAE2

4,775,000.00

0.00

4,775,000.00

23,317.92

0.00

5.8600000000%

M-4

78581NAF9

4,996,000.00

0.00

4,996,000.00

25,479.60

0.00

6.1200000000%

M-5

78581NAG7

4,775,000.00

0.00

4,775,000.00

24,750.42

0.00

6.2200000000%

M-6

78581NAH5

3,664,000.00

0.00

3,664,000.00

19,297.07

0.00

6.3200000000%

B-1

78581NAJ1

3,887,000.00

0.00

3,887,000.00

26,949.87

0.00

8.3200000000%

78581NAT9

222,079,641.17 N

215,261,913.08

0.00

212,783,132.61

1,142,696.68

11,550.54

N/A

78581NAR3

0.00

N/A

R-1

78581NAN2

0.00

N/A

R-2

78581NAP7

0.00

N/A

R-3

78581NAQ5

0.00

N/A

Total

203,535,000.00

196,718,263.04

2,478,780.47

0.00

194,239,482.57

2,065,721.96

11,550.54

Total P&I Payment

4,544,502.43

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

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 40

23-May-2007 12:53

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

Distribution Date: 25-May-07

78581NAS1

0.00

N/A

Total

0.00

Total P&I Payment

0.00

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 40

23-May-2007 12:53

I-A

78581NAA0

138,227,000.00

953.903542217

15.766801855

0.000000000

938.136740362

4.356159506

0.000000000

5.48000000%

II-A

78581NAB8

20,226,000.00

978.000499966

14.801876298

0.000000000

963.198623668

4.458052507

0.000000000

5.47000000%

M-1

78581NAC6

10,882,000.00

1000.000000000

0.000000000

1000.000000000

4.808333027

0.000000000

5.77000000%

M-2

78581NAD4

12,103,000.00

1000.000000000

0.000000000

1000.000000000

4.841666529

0.000000000

5.81000000%

M-3

78581NAE2

4,775,000.00

1000.000000000

0.000000000

1000.000000000

4.883334031

0.000000000

5.86000000%

M-4

78581NAF9

4,996,000.00

1000.000000000

0.000000000

1000.000000000

5.100000000

0.000000000

6.12000000%

M-5

78581NAG7

4,775,000.00

1000.000000000

0.000000000

1000.000000000

5.183334031

0.000000000

6.22000000%

M-6

78581NAH5

3,664,000.00

1000.000000000

0.000000000

1000.000000000

5.266667576

0.000000000

6.32000000%

B-1

78581NAJ1

3,887,000.00

1000.000000000

0.000000000

1000.000000000

6.933334191

0.000000000

8.32000000%

78581NAT9

222,079,641.17 N

969.300526360

0.000000000

958.138852751

5.145436448

0.052010801

N/A

78581NAR3

0.00

0.000000000

N/A

R-1

78581NAN2

0.00

0.000000000

N/A

R-2

78581NAP7

0.00

0.000000000

N/A

R-3

78581NAQ5

0.00

0.000000000

N/A

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

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 40

23-May-2007 12:53

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

Distribution Date: 25-May-07

Statement to Certificate Holders (FACTORS)

78581NAS1

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 40

23-May-2007 12:53

Interest Summary

Principal Summary

Reserve Fund

Interest Summary

Principal Summary

Beginning Balance

5,000.00

Scheduled Interest

2,166,993.99

Scheduled Prin Distribution

56,599.54

Withdrawal from Trust

0.00

Fees

95,086.24

Curtailments

23,509.69

Reimbursement from Waterfall

0.00

Remittance Interest

2,071,907.75

Prepayments in Full

2,398,671.24

Ending Balance

5,000.00

Other Interest Proceeds/Shortfalls

Liquidation Proceeds

0.00

Prepayment Penalties

5,775.27

Repurchase Proceeds

0.00

Swap Agreement

Other Interest Loss

0.00

Other Principal Proceeds

0.00

Other Interest Proceeds

0.00

Remittance Principal

2,478,780.47

Net Swap payment payable to the Swap

Non-advancing Interest

(46,996.67)

Administrator

35,035.61

Net PPIS/Relief Act Shortfall

0.00

Net Swap payment payable to the Swap Provider

0.00

Modification Shortfall

0.00

Other Interest Proceeds/Shortfalls

(41,221.40)

Swap Termination payment payable to the Swap

Interest Adjusted

2,030,686.35

Administrator

0.00

Fee Summary

Swap Termination payment payable to the Swap

0.00

Total Servicing Fees

95,073.74

Provider

Total Trustee Fees

0.00

LPMI Fees

0.00

Servicing Fee Breakdown

Credit Manager's Fees

0.00

Misc. Fees / Trust Expense

12.50

EMC

78,066.32

Insurance Premium

0.00

GMAC

11,625.87

Total Fees

95,086.24

Master Servicing Fees

5,381.55

Advances (Principal & Interest)

Prior Month's Outstanding Advances

1,965,170.05

Current Advances

N/A

Reimbursement of Prior Advances

N/A

Outstanding Advances

2,145,399.20

P&I Due Certificate Holders

4,544,502.43

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

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 40

23-May-2007 12:53

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

222,079,641.17

4,003

3 mo. Rolling Average

2,454,656

218,497,759

1.13%

WAC - Remit Current 11.55%

N/A

11.55%

Cum Scheduled Principal

171,348.60

6 mo. Rolling Average

2,454,656

218,497,759

1.13%

WAC - Remit Original 11.58%

N/A

11.58%

Cum Unscheduled Principal

9,125,159.96

12 mo. Rolling Average

2,454,656

218,497,759

1.13%

WAC - Current

12.08%

N/A

12.08%

Cum Liquidations

0.00

Loss Levels

Amount

Count

WAC - Original

12.11%

N/A

12.11%

Cum Repurchases

0.00

3 mo. Cum Loss

0.00

WAL - Current

342.07

N/A

342.07

6 mo. Cum loss

0.00

WAL - Original

344.87

N/A

344.87

Current

Amount

Count

12 mo. Cum Loss

0.00

Beginning Pool

215,261,913.08

3,902

96.93%

Current Index Rate

Scheduled Principal

56,599.54

0.03%

Triggers

Next Index Rate

Unscheduled Principal

2,422,180.93

1.09%

Liquidations

0.00

0.00%

> Delinquency Trigger Event

(2)

Excess Cashflow

Repurchases

0.00

0.00%

Delinquency Event Calc

(1)

2,454,656.41

218,497,759

1.13%

Ending Pool

212,783,132.61

3,855

95.81%

> Loss Trigger Event?

(3)

Average Loan Balance

55,196.66

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)

29.90%

Cut-off LTV

98.11%

Step Down %

(5)

57.30%

Cash Out/Refinance

18.75%

Credit Enhancement

Amount

% of Current Specified Enhancement %

(6)

13.75%

SFR

54.05%

Original OC

18,544,641.17

8.35%

> Step Down Date?

Target OC

18,543,650.04

8.35%

Min

Max

Beginning OC

18,543,650.04

Extra Principal

0.00

FICO

547

816

696.73

OC Amount per PSA

18,543,650.04

8.35%

Cumulative Extra Principal

0.00

Ending OC

18,543,650.04

OC Release

N/A

Non-Senior Certificates

45,082,000.00 20.30%

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

Distribution Date: 25-May-07

Pool Detail and Performance Indicators Total(All Loans)

40,396,986.95

116,475,844.70

Misc/Additional Information

Pool Level Information

5.320000%

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) Non-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.

1,131,146.14

Owner Occupied

184,923,474.20

85.81%

Balance

211,433,012.64

Page 7 of 40

23-May-2007 12:53

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

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

193,731,639.35

3,311

3 mo. Rolling Average

2,310,739

190,368,473

1.23%

WAC - Remit Current 11.64%

N/A

11.64%

Cum Scheduled Principal

145,180.89

6 mo. Rolling Average

2,310,739

190,368,473

1.23%

WAC - Remit Original 11.67%

N/A

11.67%

Cum Unscheduled Principal

8,405,991.90

12 mo. Rolling Average

2,310,739

190,368,473

1.23%

WAC - Current

12.17%

N/A

12.17%

Cum Liquidations

0.00

Loss Levels

Amount

Count

WAC - Original

12.20%

N/A

12.20%

Cum Repurchases

0.00

3 mo. Cum Loss

0.00

WAL - Current

342.85

N/A

342.85

6 mo. Cum loss

0.00

WAL - Original

345.63

N/A

345.63

Current

Amount

Count

12 mo. Cum Loss

0.00

Beginning Pool

187,359,864.28

3,218

96.71%

Current Index Rate

Scheduled Principal

47,734.18

0.02%

Triggers

Next Index Rate

Unscheduled Principal

2,131,663.54

1.10%

Liquidations

0.00

0.00%

> Delinquency Trigger Event

(2)

Repurchases

0.00

0.00%

Delinquency Event Calc

(1)

2,310,738.98

190,368,473

1.23%

Ending Pool

185,180,466.56

3,177

95.59%

> Loss Trigger Event?

(3)

Average Loan Balance

58,287.84

Cumulative Loss

N/A

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)

N/A

Cut-off LTV

98.22%

Step Down %

(5)

N/A

Cash Out/Refinance

13.32%

% of Current Specified Enhancement %

(6)

N/A

SFR

53.39%

> Step Down Date?

Min

Max

Extra Principal

0.00

FICO

562

814

699.82

Cumulative Extra Principal

0.00

OC Release

N/A

Pool Detail and Performance Indicators Loan Group I

Misc/Additional Information

Pool Level Information

N/A

Balance

184,205,698.91

24,984,511.89

100,118,265.29

Owner Occupied

156,959,076.41

83.69%

Page 8 of 40

23-May-2007 12:53

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

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

28,348,001.82

692

3 mo. Rolling Average

143,917

28,129,286

0.51%

WAC - Remit Current 10.98%

N/A

10.98%

Cum Scheduled Principal

26,167.71

6 mo. Rolling Average

143,917

28,129,286

0.51%

WAC - Remit Original 10.97%

N/A

10.97%

Cum Unscheduled Principal

719,168.06

12 mo. Rolling Average

143,917

28,129,286

0.51%

WAC - Current

11.51%

N/A

11.51%

Cum Liquidations

0.00

Loss Levels

Amount

Count

WAC - Original

11.50%

N/A

11.50%

Cum Repurchases

0.00

3 mo. Cum Loss

0.00

WAL - Current

336.85

N/A

336.85

6 mo. Cum loss

0.00

WAL - Original

339.72

N/A

339.72

Current

Amount

Count

12 mo. Cum Loss

0.00

Beginning Pool

27,902,048.80

684

98.43%

Current Index Rate

Scheduled Principal

8,865.36

0.03%

Triggers

Next Index Rate

Unscheduled Principal

290,517.39

1.02%

Liquidations

0.00

0.00%

> Delinquency Trigger Event

(2)

Repurchases

0.00

0.00%

Delinquency Event Calc

(1)

143,917.43

28,129,286

0.51%

Ending Pool

27,602,666.05

678

97.37%

> Loss Trigger Event?

(3)

Average Loan Balance

40,711.90

Cumulative Loss

N/A

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)

N/A

Cut-off LTV

97.36%

Step Down %

(5)

N/A

Cash Out/Refinance

55.11%

% of Current Specified Enhancement %

(6)

N/A

SFR

58.49%

> Step Down Date?

Min

Max

Extra Principal

0.00

FICO

547

816

676.00

Cumulative Extra Principal

0.00

OC Release

N/A

Pool Detail and Performance Indicators Loan Group II

Misc/Additional Information

Pool Level Information

N/A

Balance

27,227,313.73

15,412,475.06

16,357,579.41

Owner Occupied

27,964,397.79

100.00%

Page 9 of 40

23-May-2007 12:53

I-A

Act/360

131,855,224.93

5.480000000%

602,138.86

0.00

602,138.86

0.00

II-A

Act/360

19,781,038.11

5.470000000%

90,168.57

0.00

90,168.57

0.00

M-1

Act/360

10,882,000.00

5.770000000%

52,324.28

0.00

52,324.28

0.00

M-2

Act/360

12,103,000.00

5.810000000%

58,598.69

0.00

58,598.69

0.00

M-3

Act/360

4,775,000.00

5.860000000%

23,317.92

0.00

23,317.92

0.00

M-4

Act/360

4,996,000.00

6.120000000%

25,479.60

0.00

25,479.60

0.00

M-5

Act/360

4,775,000.00

6.220000000%

24,750.42

0.00

24,750.42

0.00

M-6

Act/360

3,664,000.00

6.320000000%

19,297.07

0.00

19,297.07

0.00

B-1

Act/360

3,887,000.00

8.320000000%

26,949.87

0.00

26,949.87

0.00

30/360

215,261,913.08

6.305692210%

1,131,146.14

5,775.27

0.00

1,142,696.68

0.00

N/A

0.00

N/A

0.00

N/A

R-1

0.00

N/A

0.00

N/A

0.00

N/A

0.00

N/A

R-2

0.00

N/A

0.00

N/A

R-3

0.00

N/A

0.00

N/A

Total

196,718,263.04

2,054,171.42

5,775.27

0.00

2,065,721.96

0.00

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

Distribution Date: 25-May-07

Bond Interest Reconciliation - Part I

- - A c c r u a l - -

- - - - - - - - O u t s t a n d i n g - - - - - - - -

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

Interest Payment

Amount

Current Period

(Shortfall) /

Recovery

Remaining Int

Carry-Forward

Shortfall

Page 10 of 40

23-May-2007 12:53

I-A

24-May-07

25-Apr-07

25-May-07

0.00

II-A

24-May-07

25-Apr-07

25-May-07

0.00

M-1

24-May-07

25-Apr-07

25-May-07

0.00

M-2

24-May-07

25-Apr-07

25-May-07

0.00

M-3

24-May-07

25-Apr-07

25-May-07

0.00

M-4

24-May-07

25-Apr-07

25-May-07

0.00

M-5

24-May-07

25-Apr-07

25-May-07

0.00

M-6

24-May-07

25-Apr-07

25-May-07

0.00

B-1

30-Apr-07

25-Apr-07

25-May-07

0.00

30-Apr-07

1-Apr-07

1-May-07

0.00

5,775.27

0.00

30-Apr-07

1-Apr-07

1-May-07

0.00

R-1

30-Apr-07

1-Apr-07

1-May-07

0.00

30-Apr-07

1-Apr-07

1-May-07

0.00

R-2

30-Apr-07

1-Apr-07

1-May-07

0.00

R-3

30-Apr-07

1-Apr-07

1-May-07

0.00

Total

0.00

5,775.27

0.00

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

Distribution Date: 25-May-07

Bond Interest Reconciliation - Part II

- - - - - - - - - - - - - - - - - - - - - - - - - - - A d d i t i o n s - - - - - - - - - - - - - - - - - - - - - - - - - - - -

- - - - - - - - - - - D e d u c t i o n s - - - - - - - - - -

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 11 of 40

23-May-2007 12:53

I-A

138,227,000.00

131,855,224.93

2,179,397.72

0.00

129,675,827.21

25-Feb-37

N/A

II-A

20,226,000.00

19,781,038.11

299,382.75

0.00

19,481,655.36

25-Feb-37

N/A

M-1

10,882,000.00

0.00

10,882,000.00

25-Feb-37

N/A

M-2

12,103,000.00

0.00

12,103,000.00

25-Feb-37

N/A

M-3

4,775,000.00

0.00

4,775,000.00

25-Feb-37

N/A

M-4

4,996,000.00

0.00

4,996,000.00

25-Feb-37

N/A

M-5

4,775,000.00

0.00

4,775,000.00

25-Feb-37

N/A

M-6

3,664,000.00

0.00

3,664,000.00

25-Feb-37

N/A

B-1

3,887,000.00

0.00

3,887,000.00

25-Feb-37

N/A

222,079,641.17

215,261,913.08

0.00

212,783,132.61

25-Feb-37

N/A

0.00

25-Feb-37

N/A

R-1

0.00

25-Feb-37

N/A

0.00

25-Feb-37

N/A

R-2

0.00

25-Feb-37

N/A

R-3

0.00

25-Feb-37

N/A

Total

203,535,000.00

196,718,263.04

2,478,780.47

0.00

194,239,482.57

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

Distribution Date: 25-May-07

Bond Principal Reconciliation

- - - - - - - - - - - - - - - - L o s s e s - - - - - - - - - - - - - - -

- 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

Losses

Cumulative

Losses

Interest on

Losses

Ending

Class Balance

Page 12 of 40

23-May-2007 12:53

Class

CUSIP

Fitch

Moody's

DBRS

S&P

I-A

78581NAA0

Aaa

AAA

II-A

78581NAB8

Aaa

AAA

M-1

78581NAC6

Aa1

AA+

M-2

78581NAD4

Aa2

M-3

78581NAE2

Aa3

AA-

M-4

78581NAF9

A+

M-5

78581NAG7

M-6

78581NAH5

A-

B-1

78581NAJ1

Baa1

BBB+

78581NAS1

78581NAT9

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

Distribution Date: 25-May-07

Ratings Information

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.

- - - - - - - - - - - - O r i g i n a l R a t i n g s - - - - - - - - - -

- - - - - - - - - - - - - - - - R a t i n g s C h a n g e / C h a n g e D a t e

(1)

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

Fitch

Moody's

DBRS

S&P

Page 13 of 40

23-May-2007 12:53

Type

Count

Count (%)

Balance

Balance (%)

Arrears

Arrears (%)

REO Book Value

3716

95.2332%

203,555,018.15

95.2574%

0.00

0.0000%

0.00

2.2553%

5,378,840.78

2.5171%

0.00

0.0000%

0.00

0.4357%

1,530,658.34

0.7163%

0.00

0.0000%

0.00

90+

1.1020%

2,700,150.99

1.2636%

0.00

0.0000%

0.00

BKY0

0.0513%

103,860.62

0.0486%

0.00

0.0000%

0.00

BKY60

0.0256%

32,500.00

0.0152%

0.00

0.0000%

0.00

BKY90+

0.1281%

388,371.33

0.1817%

0.00

0.0000%

0.00

PIF

0.7688%

0.00

0.0000%

0.00

0.0000%

0.00

Total (Prior Month End):

3902

100.0000%

213,689,400.00

100.0000%

0.00

0.0000%

0.00

Delinq Total (Prior Month End):

154

3.9467%

10,030,521.00

4.6940%

0.00

0.0000%

0.00

3060

95.0901%

176,781,245.14

94.9994%

0.00

0.0000%

0.00

2.2996%

4,867,619.28

2.6158%

0.00

0.0000%

0.00

0.5283%

1,530,658.34

0.8226%

0.00

0.0000%

0.00

90+

1.1187%

2,449,266.74

1.3162%

0.00

0.0000%

0.00

BKY0

0.0311%

37,073.33

0.0199%

0.00

0.0000%

0.00

BKY60

0.0311%

32,500.00

0.0175%

0.00

0.0000%

0.00

BKY90+

0.1554%

388,371.33

0.2087%

0.00

0.0000%

0.00

PIF

0.7458%

0.00

0.0000%

0.00

0.0000%

0.00

Total (Prior Month End):

3218

100.0000%

186,086,734.00

100.0000%

0.00

0.0000%

0.00

Delinq Total (Prior Month End):

133

4.1330%

9,268,415.00

4.9807%

0.00

0.0000%

0.00

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

Distribution Date: 25-May-07

End of Month Balance Reporting

F/C Quick Sale

Value

Total

Group 1

Page 14 of 40

23-May-2007 12:53

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

Distribution Date: 25-May-07

End of Month Balance Reporting

Type

Count

Count (%)

Balance

Balance (%)

Arrears

Arrears (%)

REO Book Value

656

95.9064%

26,773,773.01

96.9971%

0.00

0.0000%

0.00

2.0468%

511,221.50

1.8521%

0.00

0.0000%

0.00

90+

1.0234%

250,884.25

0.9089%

0.00

0.0000%

0.00

BKY0

0.1462%

66,787.29

0.2420%

0.00

0.0000%

0.00

PIF

0.8772%

0.00

0.0000%

0.00

0.0000%

0.00

Total (Prior Month End):

684

100.0000%

27,602,666.00

100.0000%

0.00

0.0000%

0.00

Delinq Total (Prior Month End):

3.0702%

762,105.00

2.7610%

0.00

0.0000%

0.00

F/C Quick Sale

Value

Group 2

Page 15 of 40

23-May-2007 12:53

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

25-May-07

3,699

202,648,751

5,378,841

1,530,658

2,700,151

524,732

25-Apr-07

3,832

210,748,334

1,905,151

2,272,304

336,124

26-Mar-07

3,887

214,911,392

3,240,329

25-May-07

95.95%

95.24%

2.28%

2.53%

0.44%

0.72%

1.12%

1.27%

0.21%

0.25%

0.00%

25-Apr-07

98.21%

97.90%

0.77%

0.89%

0.90%

1.06%

0.00%

0.13%

0.16%

0.00%

26-Mar-07

98.55%

98.51%

1.45%

1.49%

0.00%

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

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 16 of 40

23-May-2007 12:53

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

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

3,043

175,874,978

4,867,619

1,530,658

2,449,267

457,945

25-Apr-07

3,158

183,278,295

1,587,222

2,225,042

269,305

26-Mar-07

3,200

186,799,547

3,214,368

25-May-07

95.78%

94.97%

2.33%

2.63%

0.54%

0.83%

1.13%

1.32%

0.22%

0.25%

0.00%

25-Apr-07

98.14%

97.82%

0.71%

0.85%

1.03%

1.19%

0.00%

0.12%

0.14%

0.00%

26-Mar-07

98.28%

98.31%

1.72%

1.69%

0.00%

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

Loan Group I

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

Page 17 of 40

23-May-2007 12:53

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

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

656

26,773,773

511,222

250,884

66,787

25-Apr-07

674

27,470,038

317,930

47,262

66,818

26-Mar-07

687

28,111,846

25,962

25-May-07

96.76%

97.00%

2.06%

1.85%

0.00%

1.03%

0.91%

0.15%

0.24%

0.00%

25-Apr-07

98.54%

98.45%

1.02%

1.14%

0.29%

0.17%

0.00%

0.15%

0.24%

0.00%

26-Mar-07

99.85%

99.91%

0.15%

0.09%

0.00%

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

Loan Group II

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

Page 18 of 40

23-May-2007 12:53

Balance

25-May-07

103,861

32,500

388,371

25-Apr-07

303,624

32,500

26-Mar-07

25-May-07

0.00%

0.05%

0.00%

0.03%

0.02%

0.13%

0.18%

25-Apr-07

0.00%

0.10%

0.14%

0.03%

0.02%

0.00%

26-Mar-07

0.00%

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

Distribution Date: 25-May-07

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

- - - - - - - - - - - I n F o r e c l o s u r e a n d D e l i n q u e n t - - - - - - - - - - - - -

- - - - - - - - - - - - - - - I n R E O a n d D e l i n q u e n t - - - - - - - - - - - - - -

- - - - - - - - - - - - - I n B a n k r u p t c y a n d D e l i n q u e n t - - - - - - - - - - - - -

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 19 of 40

23-May-2007 12:53

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

Distribution Date: 25-May-07

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

Balance

25-May-07

37,073

32,500

388,371

25-Apr-07

236,805

32,500

26-Mar-07

25-May-07

0.00%

0.03%

0.02%

0.00%

0.03%

0.02%

0.16%

0.21%

25-Apr-07

0.00%

0.09%

0.13%

0.03%

0.02%

0.00%

26-Mar-07

0.00%

- - - - - - - - - - - I n F o r e c l o s u r e a n d D e l i n q u e n t - - - - - - - - - - - - -

- - - - - - - - - - - - - - - I n R E O a n d D e l i n q u e n t - - - - - - - - - - - - - -

- - - - - - - - - - - - - I n B a n k r u p t c y a n d D e l i n q u e n t - - - - - - - - - - - - -

31-60 Days

61-90 Days

Distribution

Date

Current

31-60 Days

61-90 Days

90 + Days

Loan Group I

90 + Days

Current

31-60 Days

61-90 Days

90 + Days

Current

Page 20 of 40

23-May-2007 12:53

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

Distribution Date: 25-May-07

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

Balance

25-May-07

66,787

25-Apr-07

66,818

26-Mar-07

25-May-07

0.00%

0.15%

0.24%

0.00%

25-Apr-07

0.00%

0.15%

0.24%

0.00%

26-Mar-07

0.00%

- - - - - - - - - - - I n F o r e c l o s u r e a n d D e l i n q u e n t - - - - - - - - - - - - -

- - - - - - - - - - - - - - - I n R E O a n d D e l i n q u e n t - - - - - - - - - - - - - -

- - - - - - - - - - - - - I n B a n k r u p t c y a n d D e l i n q u e n t - - - - - - - - - - - - -

Distribution

Date

Current

31-60 Days

61-90 Days

90 + Days

Current

31-60 Days

61-90 Days

90 + Days

Loan Group II

61-90 Days

90 + Days

Current

31-60 Days

Page 21 of 40

23-May-2007 12:53

Insurance

Substitution

Liquidation

Remaining Term

Balance

Proceeds

Amount

Life

Coupon

Remit

25-May-07

3,855

212,783,133

2,398,671

0.00

342

12.08%

11.55%

25-Apr-07

3,902

215,261,913

2,771,979

0.00

343

12.09%

11.56%

26-Mar-07

3,944

218,151,721

3,804,113

0.00

345

12.11%

11.58%

25-May-07

3,177

185,180,467

2,112,021

0.00

343

12.17%

11.64%

25-Apr-07

3,218

187,359,864

2,569,535

0.00

344

12.18%

11.65%

26-Mar-07

3,256

190,013,914

3,623,080

0.00

346

12.20%

11.67%

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

Distribution Date: 25-May-07

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

Curr Weighted Avg.

Total(All Loans)

Loan Group I

Distribution

Date

Ending Pool

Payoffs

Realized Losses

Page 22 of 40

23-May-2007 12:53

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

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

678

27,602,666

286,651

0.00

337

11.51%

10.98%

25-Apr-07

684

27,902,049

202,443

0.00

338

11.50%

10.97%

26-Mar-07

688

28,137,807

181,033

0.00

340

11.50%

10.97%

Curr Weighted Avg.

Loan Group II

Distribution

Date

Ending Pool

Payoffs

Realized Losses

Page 23 of 40

23-May-2007 12:53

SMM (Single Monthly Mortality)

Total

Current Period

1.13%

3-Month Average

1.39%

6-Month Average

1.39%

12-Month Average

1.39%

Average Since Cut-Off

1.39%

CPR (Conditional Prepayment Rate)

Total

Current Period

12.70%

3-Month Average

15.41%

6-Month Average

15.41%

12-Month Average

15.41%

Average Since Cut-Off

15.41%

PSA (Public Securities Association)

Total

Current Period

212%

3-Month Average

257%

6-Month Average

257%

12-Month Average

257%

Average Since Cut-Off

257%

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)

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

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 24 of 40

23-May-2007 12:53

Min

Max

Count

% of Total

Balance

% of Total

Min

Max

Count

% of Total

Balance

% of Total

2,000

22,000

396

10.27%

6,518,300

3.06%

3,000

22,000

416

10.39%

6,898,448

3.11%

22,000

27,000

350

9.08%

8,690,958

4.08%

22,000

27,000

360

8.99%

8,942,953

4.03%

27,000

32,000

365

9.47%

10,844,483

5.10%

27,000

32,000

381

9.52%

11,330,421

5.10%

32,000

37,000

312

8.09%

10,744,980

5.05%

32,000

37,000

321

8.02%

11,068,196

4.98%

37,000

42,000

325

8.43%

12,828,081

6.03%

37,000

42,000

341

8.52%

13,479,018

6.07%

42,000

45,000

182

4.72%

7,942,012

3.73%

42,000

45,000

187

4.67%

8,168,676

3.68%

45,000

56,000

482

12.50%

24,277,125

11.41%

45,000

56,000

503

12.57%

25,364,841

11.42%

56,000

67,000

346

8.98%

21,287,652

10.00%

56,000

67,000

356

8.89%

21,895,665

9.86%

67,000

78,000

326

8.46%

23,622,593

11.10%

67,000

78,000

333

8.32%

24,120,856

10.86%

78,000

89,000

219

5.68%

18,234,064

8.57%

78,000

89,000

227

5.67%

18,884,569

8.50%

89,000

98,000

163

4.23%

15,187,273

7.14%

89,000

99,000

177

4.42%

16,541,035

7.45%

98,000

450,000

389

10.09%

52,605,610

24.72%

99,000

450,000

401

10.02%

55,384,964

24.94%

3,855

100.00%

212,783,133

100.00%

4,003

100.00%

222,079,641

100.00%

Min

Max

Count

% of Total

Balance

% of Total

Min

Max

Count

% of Total

Balance

% of Total

5.75%

9.88%

413

10.71%

20,408,174

9.59%

5.75%

9.88%

425

10.62%

21,122,837

9.51%

9.88%

10.31%

146

3.79%

7,891,820

3.71%

9.88%

10.31%

150

3.75%

8,105,373

3.65%

10.31%

10.75%

254

6.59%

14,895,875

7.00%

10.31%

10.75%

269

6.72%

15,846,314

7.14%

10.75%

11.19%

226

5.86%

12,909,151

6.07%

10.75%

11.19%

234

5.85%

13,396,249

6.03%

11.19%

11.63%

379

9.83%

22,492,588

10.57%

11.19%

11.63%

385

9.62%

22,872,291

10.30%

11.63%

12.08%

520

13.49%

32,009,404

15.04%

11.63%

12.08%

539

13.46%

33,363,711

15.02%

12.08%

12.61%

549

14.24%

36,007,085

16.92%

12.08%

12.61%

559

13.96%

37,256,231

16.78%

12.61%

13.14%

429

11.13%

25,179,706

11.83%

12.61%

13.14%

444

11.09%

26,102,187

11.75%

13.14%

13.67%

233

6.04%

11,232,894

5.28%

13.14%

13.67%

244

6.10%

11,676,387

5.26%

13.67%

14.20%

161

4.18%

6,921,001

3.25%

13.67%

14.20%

170

4.25%

7,277,268

3.28%

14.20%

14.75%

180

4.67%

8,686,723

4.08%

14.20%

14.75%

193

4.82%

9,524,119

4.29%

14.75%

20.63%

365

9.47%

14,148,712

6.65%

14.75%

22.38%

391

9.77%

15,536,675

7.00%

3,855

100.00%

212,783,133

100.00%

4,003

100.00%

222,079,641

100.00%

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

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 25 of 40

23-May-2007 12:53

3,855

212,783,133

100.00%

342.07

12.08%

4,003

222,079,641

100.00%

278.71

12.11%

3,855

212,783,133

100.00%

4,003

222,079,641

100.00%

2,043

114,212,061

53.68%

341.32

12.08%

2,127

119,842,910

53.96%

284.98

12.11%

1,277

71,306,974

33.51%

343.91

11.78%

1,314

73,782,676

33.22%

265.76

11.78%

367

17,983,863

8.45%

341.93

12.82%

384

18,819,299

8.47%

283.37

12.91%

157

8,564,035

4.02%

336.71

13.06%

167

8,917,826

4.02%

294.29

13.14%

716,199

0.34%

347.36

12.15%

716,930

0.32%

248.06

12.15%

3,855

212,783,133

100.00%

4,003

222,079,641

100.00%

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

Distribution Date: 25-May-07

Mortgage Loan Characteristics Part II

Fixed 2nd Lien

Distribution by Product Characteristics (Current)

Product Type

# of

Loans

Ending Balance

% of

Balance

WAMM

WAC

Total

Distribution by Property Types (Current)

Property Type

# of

Loans

Ending Balance

% of

Balance

WAMM

WAC

SF Unattached Dwelling

PUD

Condo - High Facility

Multifamily

SF Attached Dwelling

Total

Distribution by Product Characteristics (Cut-off)

Product Type

# of

Loans

Original Principal

Balance

% of

Balance

WAMM

WAC

Fixed 2nd Lien

Total

Distribution by Property Types (Cut-off)

Property Type

# of

Loans

Ending Balance

% of

Balance

WAMM

WAC

SF Unattached Dwelling

PUD

Condo - High Facility

Multifamily

SF Attached Dwelling

Total

Page 26 of 40

23-May-2007 12:53

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

Distribution Date: 25-May-07

Mortgage Loan Characteristics Part II

2,716

170,912,690

80.32%

341.82

11.71%

2,809

177,843,000

80.08%

266.73

11.71%

884

30,152,891

14.17%

342.00

14.09%

928

31,511,982

14.19%

326.84

14.13%

255

11,717,551

5.51%

345.98

12.34%

266

12,724,658

5.73%

326.96

12.60%

3,855

212,783,133

100.00%

4,003

222,079,641

100.00%

3,138

172,607,567

81.12%

343.63

12.17%

3,273

181,137,962

81.56%

279.18

12.20%

444

23,601,604

11.09%

331.17

11.61%

452

24,108,432

10.86%

293.06

11.63%

273

16,573,962

7.79%

341.42

11.77%

278

16,833,247

7.58%

253.15

11.75%

3,855

212,783,133

100.00%

4,003

222,079,641

100.00%

Owner Occupied - Primary Residence

Non-Owner Occupied

Owner Occupied - Secondary Residence

Total

Purchase

Refinance/Equity Takeout

Refinance/No Cash Out

Total

Distribution by Occupancy Type (Current)

Occupancy Type

# of

Loans

Ending Balance

% of

Balance

WAMM

WAC

Distribution by Loan Purpose (Current)

Loan Purpose

# of

Loans

Ending Balance

% of

Balance

WAMM

WAC

Distribution by Occupancy Type (Cut-off)

Occupancy Type

# of

Loans

Ending Balance

% of

Balance

WAMM

WAC

Distribution by Loan Purpose (Cut-off)

Loan Purpose

# of

Loans

Ending Balance

% of

Balance

WAMM

WAC

Page 27 of 40

23-May-2007 12:53

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

Distribution Date: 25-May-07

Mortgage Loan Characteristics Part II

952

39,874,285

18.74%

340.68

13.62%

1,037

45,189,032

20.35%

359.83

13.63%

784

38,377,895

18.04%

350.06

11.82%

799

39,231,225

17.67%

358.40

11.80%

417

29,423,849

13.83%

343.28

11.74%

419

29,614,083

13.33%

236.90

11.74%

480

27,021,280

12.70%

348.05

11.08%

506

28,736,333

12.94%

182.02

11.07%

Aegis Mortgage

Suntrust Mortgage

Dhi Mortgage Company

Southstar

Distribution by Originator Concentration > 10% (Current)

Originator

# of

Loans

Ending Balance

% of

Balance

WAMM

WAC

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

Originator

# of

Loans

Ending Balance

% of

Balance

WAMM

Page 28 of 40

23-May-2007 12:53

WAMM

WAC

California

765

65,735,347

30.89%

336

11.62%

Florida

611

35,189,979

16.54%

342

12.55%

Georgia

570

20,947,123

9.84%

342

12.72%

Arizona

184

10,053,561

4.72%

351

12.39%

Nevada

142

8,806,219

4.14%

346

11.65%

Virginia

128

8,373,560

3.94%

348

12.01%

Texas

256

8,152,778

3.83%

345

11.15%

Maryland

100

6,803,640

3.20%

351

12.26%

New York

4,420,093

2.08%

342

12.65%

North Carolina

108

3,886,665

1.83%

346

12.65%

Remaining

944

40,414,168

18.99%

345

12.15%

WAMM

WAC

California

786

67,534,940

30.41%

238

11.61%

Florida

639

36,920,924

16.63%

292

12.60%

Georgia

589

21,757,987

9.80%

343

12.74%

Arizona

191

10,381,441

4.67%

251

12.37%

Nevada

145

9,126,231

4.11%

249

11.69%

Virginia

138

8,917,346

4.02%

281

12.03%

Texas

260

8,380,429

3.77%

285

11.12%

Maryland

104

7,712,165

3.47%

295

12.46%

New York

4,472,099

2.01%

294

12.65%

North Carolina

112

4,031,770

1.82%

322

12.67%

Remaining

991

42,844,309

19.29%

301

12.21%

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

Distribution Date: 25-May-07

Geographic Concentration

Top 10 Current State Concentration

Geographic
Distribution

# of

Loans

Balance

(1)

% of

Balance

(1)

Based on Current Period Ending Principal Balance

Top 10 Original State Concentration

Geographic
Distribution

# of

Loans

Balance

(1)

% of

Balance

Top 10 Current State Concentration

California

Arizona

Georgia

Florida

North Carolina

New York

Maryland

Texas

Virginia

Nevada

Remaining

Page 29 of 40

23-May-2007 12:53

C
M
N
O
P

REO
Short Pay
Third Party
Write-off

R
S
T
W

1
2
3
4
5

6
7
8
9

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

Distribution Date: 25-May-07

Current Period Realized Loss Detail

Disclosure Control

Period

Original

Liquidation

Balance

Net Liquidation

Proceeds

Loss-Loan Non-

adjusted

Loss to Trust

Loss-Certs Non-

adjusted

Subsequent

Recov/(Exp)

Loss-Loan

Adjusted

Loss-Certs

Adjusted

Liq Type

Adj Type

Liq. Type Code - Legend
Charge-off
Matured
Repurchase
Note Sale
Paid in Full

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

Third Party
Charged Off/Matured
Side Note
Manual

Page 30 of 40

23-May-2007 12:53

Distribution Date

Beginning Scheduled

Balance

Net Liquidation

Proceeds

Realized Loss

Loan Count

Realized Loss

Adjusted

Cumulative

Realized Loss

Amount

Count

Amount

Count

Amount

Count

25-May-07

0.00

25-Apr-07

0.00

26-Mar-07

0.00

Total

0.00

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

Distribution Date: 25-May-07

Historical Realized Loss Summary

Total(All Loans)

- - - - - - - - - - - - - - - - - C u r r e n t R e a l i z e d L o s s - - - - - - - - - - - - - - - - -

- - - - - - - - - - - - - - P r e v i o u s L i q u i d a t i o n s / P a y o f f s - - - - - - - - - - - - - -

Claims on Prior

Liquidations

Recovery on Prior

Liquidations

(Claims)/Recoveries on

Prior Payoffs

Page 31 of 40

23-May-2007 12:53

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

Distribution Date: 25-May-07

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

25-May-07

0.00

25-Apr-07

0.00

26-Mar-07

0.00

Total

0.00

Loan Group I

- - - - - - - - - - - - - - - - - C u r r e n t R e a l i z e d L o s s - - - - - - - - - - - - - - - - -

- - - - - - - - - - - - - - P r e v i o u s L i q u i d a t i o n s / P a y o f f s - - - - - - - - - - - - - -

Claims on Prior

Liquidations

Recovery on Prior

Liquidations

(Claims)/Recoveries on

Prior Payoffs

Page 32 of 40

23-May-2007 12:53

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

Distribution Date: 25-May-07

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

25-May-07

0.00

25-Apr-07

0.00

26-Mar-07

0.00

Total

0.00

Loan Group II

- - - - - - - - - - - - - - - - - C u r r e n t R e a l i z e d L o s s - - - - - - - - - - - - - - - - -

- - - - - - - - - - - - - - P r e v i o u s L i q u i d a t i o n s / P a y o f f s - - - - - - - - - - - - - -

Claims on Prior

Liquidations

Recovery on Prior

Liquidations

(Claims)/Recoveries on

Prior Payoffs

Page 33 of 40

23-May-2007 12:53

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)^12

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)

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

Distribution Date: 25-May-07

Realized Loss Summary

0.00%

0.86%

1.71%

2.57%

3.43%

4.29%

5.14%

6.00%

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%

7.14%

14.29%

21.43%

28.57%

35.71%

42.86%

50.00%

Jun-06

Jul-06

Aug-06

Sep-06

Oct-06

Nov-06

Dec-06

Jan-07

Feb-07

Mar-07

Apr-07

May-07

286%

571%

857%

1143%

1429%

1714%

2000%

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 34 of 40

23-May-2007 12:53

Total

0.00

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

Distribution Date: 25-May-07

Historical Collateral Level REO Report

Recent

Appraisal

Value

Disclosure

Control #

REO Date

City

State

Liquidation

Expenses

Realized Loss

Appraisal

Date

Appraisal

Reduction

Amount

Date

Liquidated

Liquidation

Proceeds

Property Type

Actual Balance

Scheduled

Balance

Page 35 of 40

23-May-2007 12:54

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

Distribution Date: 25-May-07

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.

Page 36 of 40

23-May-2007 12:54

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

Mortgage Loans Released to Class X:

Distribution Date: 25-May-07

Releases

Page 37 of 40

23-May-2007 12:54

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

Distribution Date: 25-May-07

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.

Page 38 of 40

23-May-2007 12:54

Substitution Code

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

Adjusted for Principal

Distribution Date: 25-May-07

Substitution Detail History

- - - Loans Substituted Into Pool - - -

- - - - - - - - - - Loans Substituted Out of Pool - - - - - - - - - -

Investor #

Period

Beginning Principal Balance

Investor #

Period

Beginning Principal

Balance

Page 39 of 40

23-May-2007 12:54

SACO I Trust

Mortgage-Backed Certificates

Series 2007-02

Difference Into vs.

Out

Distribution Date: 25-May-07

Substitution Detail History Summary

- - - Loans Substituted Into Pool - - -

- - - Loans Substituted Out of Pool - - -

Period

Count

Beginning Principal Balance

Count

Beginning Principal Balance

Adjusted for Principal

Page 40 of 40

23-May-2007 12:54

SACO I Trust 2007-2 10-D