Distribution Date:	06/25/2007	HSI Asset Loan Obligation Trust
Determination Date:	06/18/2007	Mortgage Pass-Through Certificates Series 2007-1


*CONTACT INFORMATION*

Depositor	HSI Asset Securitization Corporation
	452 Fifth Avenue
	New York, New York 10018

Underwriter	HSI Asset Securitization Corporation
	452 Fifth Avenue
	New York, New York 10018

Securities Administrator	Citibank, N.A.
	388 Greenwich Street, 14th Floor
	New York, NY 10013

Master Servicer	CitiMortgage, Inc.
	4000 Regent Blvd., 3rd Floor
	Irving, TX 75063


*CONTENTS*

Distribution Summary	2

Distribution Summary (Factors)	4

Interest Distribution	5

Principal Distribution	7

Reconciliation Detail	9

Collateral Summary	12

Delinquency Information	16

Standard Prepayment and Default Information	21

Distribution Waterfall Detail	22

Other Information	24



Deal Contact:	Cirino Emanuele	Citibank, N.A.
	cirino.emanuele@citi.com	Agency and Trust
	Tel: (212)-816-5614	388 Greenwich Street, 14th Floor
	Fax: (212)-816-5527	New York, NY 10013

Reports Available at www.sf.citidirect.com

Page 1 of 25

Distribution Date:	06/25/2007	HSI Asset Loan Obligation Trust
Determination Date:	06/18/2007	Mortgage Pass-Through Certificates Series 2007-1

Distribution Summary


*DISTRIBUTION IN DOLLARS*
Class	Original Balance	Prior Principal Balance	Pass- Through Rate	Accrual Day Count	Accrual Dates	Interest Distributed	Principal Distributed	Total Distributed	Deferred Interest	Realized Loss	Current Principal Balance
(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)=(7+8)	(10)	(11)	(12)=(3-8+10-11)

IA1	200,381,405.00	200,381,405.00	6.000000%	30 / 360	05/01 - 05/31	1,001,907.03	5,137,823.29	6,139,730.32	0.00	0.00	195,243,581.71
IIA1	69,319,835.00	0.00	5.680000%	30 / 360	05/31 - 06/24	0.00	0.00	0.00	0.00	0.00	0.00
IIA3	5,332,295.00	0.00	0.000000%	30 / 360	05/01 - 05/31	0.00	0.00	0.00	0.00	0.00	0.00
IIA4	69,319,835.00	0.00	5.670000%	30 / 360	05/31 - 06/24	0.00	0.00	0.00	0.00	0.00	0.00
IIA6	69,319,835.00	0.00	5.690000%	30 / 360	05/31 - 06/24	0.00	0.00	0.00	0.00	0.00	0.00
IIA8	5,332,295.00	0.00	17.160000%	30 / 360	05/31 - 06/24	0.00	0.00	0.00	0.00	0.00	0.00
IIA9	5,332,295.00	0.00	17.290000%	30 / 360	05/31 - 06/24	0.00	0.00	0.00	0.00	0.00	0.00
IIA10	5,332,295.00	0.00	17.030000%	30 / 360	05/31 - 06/24	0.00	0.00	0.00	0.00	0.00	0.00
IIA11	74,652,130.00	74,652,130.00	6.500000%	30 / 360	05/01 - 05/31	404,365.70	1,541,147.10	1,945,512.80	0.00	0.00	73,110,982.90
IIA12	71,434,623.00	0.00	6.500000%	30 / 360	05/01 - 05/31	0.00	0.00	0.00	0.00	0.00	0.00
IIA13	3,217,507.00	0.00	6.500000%	30 / 360	05/01 - 05/31	0.00	0.00	0.00	0.00	0.00	0.00
IIIA1	29,328,318.00	0.00	5.690000%	30 / 360	05/31 - 06/24	0.00	0.00	0.00	0.00	0.00	0.00
IIIA3	4,888,053.00	0.00	0.000000%	30 / 360	05/01 - 05/31	0.00	0.00	0.00	0.00	0.00	0.00
IIIA4	4,888,053.00	0.00	7.860000%	30 / 360	05/31 - 06/24	0.00	0.00	0.00	0.00	0.00	0.00
IIIA5	34,216,371.00	34,216,371.00	6.000000%	30 / 360	05/01 - 05/31	171,081.86	322,342.70	493,424.56	0.00	0.00	33,894,028.30
IIIA6	32,741,645.00	0.00	6.000000%	30 / 360	05/01 - 05/31	0.00	0.00	0.00	0.00	0.00	0.00
IIIA7	1,474,726.00	0.00	6.000000%	30 / 360	05/01 - 05/31	0.00	0.00	0.00	0.00	0.00	0.00
APO	1,408,572.00	1,408,572.00	0.000000%	30 / 360		0.00	1,315.48	1,315.48	0.00	0.00	1,407,256.52
B1	6,180,643.00	6,180,643.00	6.120170%	30 / 360	05/01 - 05/31	31,522.15	3,725.45	35,247.60	0.00	0.00	6,176,917.55
B2	2,927,673.00	2,927,673.00	6.120170%	30 / 360	05/01 - 05/31	14,931.55	1,764.69	16,696.24	0.00	0.00	2,925,908.31
B3	1,626,484.00	1,626,484.00	6.120170%	30 / 360	05/01 - 05/31	8,295.30	980.38	9,275.68	0.00	0.00	1,625,503.62
B4	1,626,485.00	1,626,485.00	6.120170%	30 / 360	05/01 - 05/31	8,295.30	980.38	9,275.68	0.00	0.00	1,625,504.62
B5	1,301,188.00	1,301,188.00	6.120170%	30 / 360	05/01 - 05/31	6,636.24	784.31	7,420.55	0.00	0.00	1,300,403.69

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Page 2 of 25

Distribution Date:	06/25/2007	HSI Asset Loan Obligation Trust
Determination Date:	06/18/2007	Mortgage Pass-Through Certificates Series 2007-1

Distribution Summary


*DISTRIBUTION IN DOLLARS*
Class	Original Balance	Prior Principal Balance	Pass- Through Rate	Accrual Day Count	Accrual Dates	Interest Distributed	Principal Distributed	Total Distributed	Deferred Interest	Realized Loss	Current Principal Balance
(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)=(7+8)	(10)	(11)	(12)=(3-8+10-11)

B6	975,891.00	975,891.00	6.120170%	30 / 360	05/01 - 05/31	4,977.18	588.23	5,565.41	0.00	0.00	975,302.77
P	0.00	0.00	0.000000%	30 / 360		0.00	0.00	0.00	0.00	0.00	0.00
R	100.00	100.00	6.000000%	30 / 360	05/01 - 05/31	0.50	100.00	100.50	0.00	0.00	0.00
Totals	702,558,552.00	325,296,942.00				1,652,012.81	7,011,552.01	8,663,564.82	0.00	0.00	318,285,389.99

Notional Classes
IO1	132,866,955.00	0.00	0.364356%	30 / 360	05/01 - 05/31	0.00	0.00	0.00	0.00	0.00	0.00
IIA2	69,319,835.00	0.00	1.320000%	30 / 360	05/31 - 06/24	0.00	0.00	0.00	0.00	0.00	0.00
IIA5	69,319,835.00	0.00	1.330000%	30 / 360	05/31 - 06/24	0.00	0.00	0.00	0.00	0.00	0.00
IIA7	69,319,835.00	0.00	1.310000%	30 / 360	05/31 - 06/24	0.00	0.00	0.00	0.00	0.00	0.00
IO2	65,796,623.00	0.00	0.529943%	30 / 360	05/01 - 05/31	0.00	0.00	0.00	0.00	0.00	0.00
IIIA2	29,328,318.00	0.00	1.310000%	30 / 360	05/01 - 05/31	0.00	0.00	0.00	0.00	0.00	0.00
IO3	35,828,661.00	0.00	0.289064%	30 / 360	05/01 - 05/31	0.00	0.00	0.00	0.00	0.00	0.00
AX	234,492,239.00	234,492,239.00	0.399314%	30 / 360	05/01 - 05/31	78,030.08	0.00	78,030.08	0.00	0.00	227,552,358.80
Totals	706,272,301.00	234,492,239.00				78,030.08	0.00	78,030.08	0.00	0.00	227,552,358.80

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Page 3 of 25

Distribution Date:	06/25/2007	HSI Asset Loan Obligation Trust
Determination Date:	06/18/2007	Mortgage Pass-Through Certificates Series 2007-1

Distribution Summary (Factors)


*PER $1,000 OF ORIGINAL BALANCE*
Class	CUSIP	Record Date	Prior Principal Balance	Interest Distributed	Principal Distributed	Total Distributed	Deferred Interest	Realized Loss	Current Principal Balance
			(3/2 x 1000)	(7/2 x 1000)	(8/2 x 1000)	(9/2 x 1000)	(10/2 x 1000)	(11/2 x 1000)	(12/2 x 1000)

IA1	40431TAA9	06/22/2007	1,000.000000	5.000000	25.640220	30.640220	0.000000	0.000000	974.359780
IIA11	40431TAN1	06/22/2007	1,000.000000	5.416667	20.644382	26.061049	0.000000	0.000000	979.355618
IIIA5	40431TAW1	06/22/2007	1,000.000000	5.000000	9.420716	14.420716	0.000000	0.000000	990.579284
B1	40431TBC4	06/22/2007	1,000.000000	5.100141	0.602761	5.702902	0.000000	0.000000	999.397239
B2	40431TBD2	06/22/2007	1,000.000000	5.100143	0.602762	5.702905	0.000000	0.000000	999.397238
B3	40431TBE0	06/22/2007	1,000.000000	5.100142	0.602760	5.702903	0.000000	0.000000	999.397240
B4	40431TBF7	06/22/2007	1,000.000000	5.100139	0.602760	5.702899	0.000000	0.000000	999.397240
B5	40431TBG5	06/22/2007	1,000.000000	5.100139	0.602765	5.702904	0.000000	0.000000	999.397235
B6	40431TBH3	06/22/2007	1,000.000000	5.100139	0.602762	5.702901	0.000000	0.000000	999.397238
R	40431TBJ9	05/31/2007	1,000.000000	5.000000	1,000.000000	1,005.000000	0.000000	0.000000	0.000000
AX	40431TBB6	06/22/2007	1,000.000000	0.332762	0.000000	0.332762	0.000000	0.000000	970.404649

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Page 4 of 25

Distribution Date:	06/25/2007	HSI Asset Loan Obligation Trust
Determination Date:	06/18/2007	Mortgage Pass-Through Certificates Series 2007-1

Interest Distribution Detail


*DISTRIBUTION IN DOLLARS*
Class	Prior Principal Balance	Pass- Through Rate	Next Pass- Through Rate	Interest Accrual Day Cnt Fraction	Optimal Accrued Interest	Prior Unpaid Interest	Interest on Prior Unpaid Interest	Non-Recov. Interest Shortfall	Interest Due	Deferred Interest	Interest Distributed	Current Unpaid Interest
(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)	(10)=(6)+(7)+(8)-(9)	(11)	(12)	(13)=(10)-(11)-(12)

IA1	200,381,405.00	6.00000%	6.00000%	30 / 360	1,001,907.03	0.00	0.00	0.00	1,001,907.03	0.00	1,001,907.03	0.00
IIA1	0.00	5.68000%	5.68000%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IIA3	0.00	0.00000%	0.00000%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IIA4	0.00	5.67000%	5.67000%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IIA6	0.00	5.69000%	5.69000%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IIA8	0.00	17.16000%	17.16000%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IIA9	0.00	17.29000%	17.29000%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IIA10	0.00	17.03000%	17.03000%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IIA11	74,652,130.00	6.50000%	6.50000%	30 / 360	404,365.70	0.00	0.00	0.00	404,365.70	0.00	404,365.70	0.00
IIA12	0.00	6.50000%	6.50000%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IIA13	0.00	6.50000%	6.50000%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IIIA1	0.00	5.69000%	5.69000%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IIIA3	0.00	0.00000%	0.00000%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IIIA4	0.00	7.86000%	7.86000%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IIIA5	34,216,371.00	6.00000%	6.00000%	30 / 360	171,081.86	0.00	0.00	0.00	171,081.86	0.00	171,081.86	0.00
IIIA6	0.00	6.00000%	6.00000%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IIIA7	0.00	6.00000%	6.00000%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
APO	1,408,572.00	0.00000%	0.00000%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
B1	6,180,643.00	6.12017%	6.31499%	30 / 360	31,522.15	0.00	0.00	0.00	31,522.15	0.00	31,522.15	0.00
B2	2,927,673.00	6.12017%	6.31499%	30 / 360	14,931.55	0.00	0.00	0.00	14,931.55	0.00	14,931.55	0.00
B3	1,626,484.00	6.12017%	6.31499%	30 / 360	8,295.30	0.00	0.00	0.00	8,295.30	0.00	8,295.30	0.00
B4	1,626,485.00	6.12017%	6.31499%	30 / 360	8,295.30	0.00	0.00	0.00	8,295.30	0.00	8,295.30	0.00
B5	1,301,188.00	6.12017%	6.31499%	30 / 360	6,636.24	0.00	0.00	0.00	6,636.24	0.00	6,636.24	0.00
B6	975,891.00	6.12017%	6.31499%	30 / 360	4,977.18	0.00	0.00	0.00	4,977.18	0.00	4,977.18	0.00
P	0.00	0.00000%	0.00000%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
R	100.00	6.00000%	6.00000%	30 / 360	0.50	0.00	0.00	0.00	0.50	0.00	0.50	0.00
Totals	325,296,942.00				1,652,012.81	0.00	0.00	0.00	1,652,012.81	0.00	1,652,012.81	0.00

Notional Classes

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Page 5 of 25

Distribution Date:	06/25/2007	HSI Asset Loan Obligation Trust
Determination Date:	06/18/2007	Mortgage Pass-Through Certificates Series 2007-1

Interest Distribution Detail


*DISTRIBUTION IN DOLLARS*
Class	Prior Principal Balance	Pass- Through Rate	Next Pass- Through Rate	Interest Accrual Day Cnt Fraction	Optimal Accrued Interest	Prior Unpaid Interest	Interest on Prior Unpaid Interest	Non-Recov. Interest Shortfall	Interest Due	Deferred Interest	Interest Distributed	Current Unpaid Interest
(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)	(10)=(6)+(7)+(8)-(9)	(11)	(12)	(13)=(10)-(11)-(12)

IO1	0.00	0.36436%	0.34644%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IIA2	0.00	1.32000%	1.32000%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IIA5	0.00	1.33000%	1.33000%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IIA7	0.00	1.31000%	1.31000%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IO2	0.00	0.52994%	0.52344%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IIIA2	0.00	1.31000%	1.31000%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IO3	0.00	0.28906%	0.28848%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
AX	234,492,239.00	0.39931%	0.38738%	30 / 360	78,030.08	0.00	0.00	0.00	78,030.08	0.00	78,030.08	0.00
Totals	234,492,239.00				78,030.08	0.00	0.00	0.00	78,030.08	0.00	78,030.08	0.00

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Page 6 of 25

Distribution Date:	06/25/2007	HSI Asset Loan Obligation Trust
Determination Date:	06/18/2007	Mortgage Pass-Through Certificates Series 2007-1

Principal Distribution Detail


*DISTRIBUTION IN DOLLARS*
Class	Original Balance	Prior Principal Balance	Scheduled Principal Distribution	Unscheduled Principal Distribution	Accreted Principal	Current Realized Losses	Current Principal Recoveries	Current Principal Balance	Cumulative Realized Losses	Original Class (%)	Current Class (%)	Original Credit Support	Current Credit Support
(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)=(3)-(4)-(5)+(6)-(7)+(8)	(10)	(11)	(12)	(13)	(14)

IA1	200,381,405.00	200,381,405.00	135,952.41	5,001,870.88	0.00	0.00	0.00	195,243,581.71	0.00	61.60%	61.34%	4.50%	4.60%
IIA1	69,319,835.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	0.00%	0.00%
IIA3	5,332,295.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	0.00%	0.00%
IIA4	69,319,835.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	0.00%	0.00%
IIA6	69,319,835.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	0.00%	0.00%
IIA8	5,332,295.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	0.00%	0.00%
IIA9	5,332,295.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	0.00%	0.00%
IIA10	5,332,295.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	0.00%	0.00%
IIA11	74,652,130.00	74,652,130.00	35,209.91	1,505,937.19	0.00	0.00	0.00	73,110,982.90	0.00	22.95%	22.97%	4.50%	4.60%
IIA12	71,434,623.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	0.00%	0.00%
IIA13	3,217,507.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	0.00%	0.00%
IIIA1	29,328,318.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	0.00%	0.00%
IIIA3	4,888,053.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	0.00%	0.00%
IIIA4	4,888,053.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	0.00%	0.00%
IIIA5	34,216,371.00	34,216,371.00	15,134.10	307,208.60	0.00	0.00	0.00	33,894,028.30	0.00	10.52%	10.65%	4.50%	4.60%
IIIA6	32,741,645.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	0.00%	0.00%
IIIA7	1,474,726.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	0.00%	0.00%
APO	1,408,572.00	1,408,572.00	1,273.67	41.81	0.00	0.00	0.00	1,407,256.52	0.00	0.43%	0.44%	4.50%	4.60%
P	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	0.00%	0.00%
R	100.00	100.00	0.00	100.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	4.50%	0.00%
B1	6,180,643.00	6,180,643.00	3,725.45	0.00	0.00	0.00	0.00	6,176,917.55	0.00	1.90%	1.94%	2.60%	2.66%
B2	2,927,673.00	2,927,673.00	1,764.69	0.00	0.00	0.00	0.00	2,925,908.31	0.00	0.90%	0.92%	1.70%	1.74%
B3	1,626,484.00	1,626,484.00	980.38	0.00	0.00	0.00	0.00	1,625,503.62	0.00	0.50%	0.51%	1.20%	1.23%
B4	1,626,485.00	1,626,485.00	980.38	0.00	0.00	0.00	0.00	1,625,504.62	0.00	0.50%	0.51%	0.70%	0.72%

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Page 7 of 25

Distribution Date:	06/25/2007	HSI Asset Loan Obligation Trust
Determination Date:	06/18/2007	Mortgage Pass-Through Certificates Series 2007-1

Principal Distribution Detail


*DISTRIBUTION IN DOLLARS*
Class	Original Balance	Prior Principal Balance	Scheduled Principal Distribution	Unscheduled Principal Distribution	Accreted Principal	Current Realized Losses	Current Principal Recoveries	Current Principal Balance	Cumulative Realized Losses	Original Class (%)	Current Class (%)	Original Credit Support	Current Credit Support
(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)=(3)-(4)-(5)+(6)-(7)+(8)	(10)	(11)	(12)	(13)	(14)

B5	1,301,188.00	1,301,188.00	784.31	0.00	0.00	0.00	0.00	1,300,403.69	0.00	0.40%	0.41%	0.30%	0.31%
B6	975,891.00	975,891.00	588.23	0.00	0.00	0.00	0.00	975,302.77	0.00	0.30%	0.31%	0.00%	0.00%
Totals	702,558,552.00	325,296,942.00	196,393.53	6,815,158.48	0.00	0.00	0.00	318,285,389.99	0.00	100%	100%

Reports Available at www.sf.citidirect.com

Page 8 of 25

Distribution Date:	06/25/2007	HSI Asset Loan Obligation Trust
Determination Date:	06/18/2007	Mortgage Pass-Through Certificates Series 2007-1

Reconciliation Detail


*SOURCE OF FUNDS*

Interest Funds Available
Scheduled Interest	1,800,418.52
Uncompensated PPIS	0.00
Relief Act Interest Shortfall	0.00
Interest Adjustments	0.00
Total Interest Funds Available:		1,800,418.52
Principal Funds Available
Scheduled Principal	196,396.18
Curtailments	496,938.54
Prepayments in Full	6,318,217.29
Liquidation Proceeds	0.00
Repurchased Principal	0.00
Substitution Principal	0.00
Other Principal	0.00
Total Principal Funds Available:		7,011,552.01
Other Funds Available
Other Charges	0.00
Prepayment Penalties	0.00
Total Other Funds Available:		0.00
Total Funds Available		8,811,970.53


*ALLOCATION OF FUNDS*

Scheduled Fees
Insurance Fee	1,249.85
Master Servicing Fee	67,770.43
Trustee Fee	1,355.34
Total Scheduled Fees:		70,375.62
Additional Fees, Expenses, etc.
Extraordinary Trust Fund Expenses	0.00
Other Expenses	0.00
Total Additional Fees, Expenses, etc.:		0.00
Distribution to Certificateholders
Interest Distribution	1,730,042.89
Principal Distribution	7,011,552.01
Total Distribution to Certificateholders:		8,741,594.90
Total Funds Allocated		8,811,970.52

Reports Available at www.sf.citidirect.com

Page 9 of 25

Distribution Date:	06/25/2007	HSI Asset Loan Obligation Trust
Determination Date:	06/18/2007	Mortgage Pass-Through Certificates Series 2007-1

Collateral Summary - Group 1


*ASSET CHARACTERISTICS*

	Cut-Off			Prior			Current

Aggregate Stated Principal Balance		211,288,536.32			211,288,536.32			206,142,850.64

Loan Count		388			388			381

Weighted Average Coupon Rate (WAC)		6.450797	%		6.450797	%		6.435637	%

Net Weighted Average Coupon Rate (Net WAC)		6.195797	%		6.195797	%		6.174077	%

Weighted Average Remaining Term (WART in months)		347			347			349


*AVAILABLE PRINCIPAL*

	PO Principal		Total Principal
Scheduled Principal	1,269.77		143,675.82
Curtailments		41.63	53,913.23
Prepayments in Full		0.00	4,948,096.63
Liquidation Proceeds		0.00	0.00
Repurchased Principal		0.00	0.00
Substitution Principal		0.00	0.00
Other Principal		0.00	0.00
TOTAL AVAILABLE PRINCIPAL	1,311.40		5,145,685.68

Current Realized Losses		0.00	0.00
Realized Losses and Recoveries from Prior Periods		0.00	0.00
Cumulative Realized Losses		0.00	0.00


*AVAILABLE INTEREST*

Scheduled Interest	1,135,816.40

Master Servicing Fee	44,018.52
Trustee Fee	880.33
Insurance Fee	1,127.63
Uncompensated PPIS	0.00
Relief Act Interest Shortfall	0.00
Other Amounts	0.00

TOTAL AVAILABLE INTEREST	1,089,789.92

Reports Available at www.sf.citidirect.com

Page 10 of 25

Distribution Date:	06/25/2007	HSI Asset Loan Obligation Trust
Determination Date:	06/18/2007	Mortgage Pass-Through Certificates Series 2007-1

Reports Available at www.sf.citidirect.com

Page 11 of 25

Distribution Date:	06/25/2007	HSI Asset Loan Obligation Trust
Determination Date:	06/18/2007	Mortgage Pass-Through Certificates Series 2007-1

Collateral Summary - Group 2


*ASSET CHARACTERISTICS*

	Cut-Off			Prior			Current

Aggregate Stated Principal Balance		78,179,744.45			78,179,744.45			76,636,933.95

Loan Count		210			210			207

Weighted Average Coupon Rate (WAC)		7.200211	%		7.200211	%		7.193087	%

Net Weighted Average Coupon Rate (Net WAC)		6.945211	%		6.945211	%		6.938087	%

Weighted Average Remaining Term (WART in months)		357			357			356


*AVAILABLE PRINCIPAL*

PO Principal		Total Principal
Scheduled Principal	3.90	36,873.13
Curtailments	0.18	135,816.71
Prepayments in Full	0.00	1,370,120.66
Liquidation Proceeds	0.00	0.00
Repurchased Principal	0.00	0.00
Substitution Principal	0.00	0.00
Other Principal	0.00	0.00
TOTAL AVAILABLE PRINCIPAL	4.08	1,542,810.50

Current Realized Losses	0.00	0.00
Realized Losses and Recoveries from Prior Periods	0.00	0.00
Cumulative Realized Losses	0.00	0.00


*AVAILABLE INTEREST*

Scheduled Interest	469,092.30

Master Servicing Fee	16,287.61
Trustee Fee	325.77
Insurance Fee	0.00
Uncompensated PPIS	0.00
Relief Act Interest Shortfall	0.00
Other Amounts	0.00

TOTAL AVAILABLE INTEREST	452,478.92

Reports Available at www.sf.citidirect.com

Page 12 of 25

Distribution Date:	06/25/2007	HSI Asset Loan Obligation Trust
Determination Date:	06/18/2007	Mortgage Pass-Through Certificates Series 2007-1

Reports Available at www.sf.citidirect.com

Page 13 of 25

Distribution Date:	06/25/2007	HSI Asset Loan Obligation Trust
Determination Date:	06/18/2007	Mortgage Pass-Through Certificates Series 2007-1

Collateral Summary - Group 3


*ASSET CHARACTERISTICS*

	Cut-Off			Prior			Current

Aggregate Stated Principal Balance		35,828,661.36			35,828,661.36			35,505,605.53

Loan Count		100			100			100

Weighted Average Coupon Rate (WAC)		6.548157	%		6.548157	%		6.547605	%

Net Weighted Average Coupon Rate (Net WAC)		6.293157	%		6.293157	%		6.288477	%

Weighted Average Remaining Term (WART in months)		357			357			356


*AVAILABLE PRINCIPAL*

Scheduled Principal			36,873.13
Curtailments			307,208.60
Prepayments in Full			0.00
Liquidation Proceeds			0.00
Repurchased Principal			0.00
Substitution Principal			0.00
Other Principal			0.00
TOTAL AVAILABLE PRINCIPAL			344,081.73

Current Realized Losses			0.00
Realized Losses and Recoveries from Prior Periods			0.00
Cumulative Realized Losses			0.00


*AVAILABLE INTEREST*

Scheduled Interest	195,509.82

Master Servicing Fee	7,464.30
Trustee Fee	149.24
Insurance Fee	122.22
Uncompensated PPIS	0.00
Relief Act Interest Shortfall	0.00
Other Amounts	0.00

TOTAL AVAILABLE INTEREST	187,774.06

Reports Available at www.sf.citidirect.com

Page 14 of 25

Distribution Date:	06/25/2007	HSI Asset Loan Obligation Trust
Determination Date:	06/18/2007	Mortgage Pass-Through Certificates Series 2007-1

Collateral Summary - Total


*ASSET CHARACTERISTICS*

	Cut-Off			Prior			Current

Aggregate Stated Principal Balance		325,296,942.13			325,296,942.13			318,285,390.12

Loan Count		698			698			688

Weighted Average Coupon Rate (WAC)		6.641630	%		6.641630	%		6.630506	%

Net Weighted Average Coupon Rate (WAC)		6.386630	%		6.386630	%		6.370798	%

Weighted Average Remaining Term (WART in months)		351			352			351


*AVAILABLE PRINCIPAL*

	PO Principal		Total Principal
Scheduled Principal	1,273.67		217,422.08
Curtailments		41.81	496,938.54
Prepayments in Full		0.00	6,318,217.29
Liquidation Proceeds		0.00	0.00
Repurchased Principal		0.00	0.00
Substitution Principal		0.00	0.00
Other Principal		0.00	0.00
TOTAL AVAILABLE PRINCIPAL	1,315.48		7,032,577.91

Current Realized Losses		0.00	0.00
Realized Losses and Recoveries from Prior Periods		0.00	0.00
Cumulative Realized Losses		0.00	0.00


*AVAILABLE INTEREST*

Scheduled Interest	1,800,418.52

Master Servicing Fee	67,770.43
Trustee Fee	1,355.34
Insurance Fee	1,249.85
Uncompensated PPIS	0.00
Relief Act Interest Shortfall	0.00
Other Amounts	0.00

TOTAL AVAILABLE INTEREST	1,730,042.90

Reports Available at www.sf.citidirect.com

Page 15 of 25

Distribution Date:	06/25/2007	HSI Asset Loan Obligation Trust
Determination Date:	06/18/2007	Mortgage Pass-Through Certificates Series 2007-1

Delinquency Information


*GROUP 1*
	31-60 Days			61-90 Days			91+ Days			Totals
Delinquency
Scheduled Principal Balance		0.00			0.00			0.00			0.00
Percentage of Total Pool Balance		0.0000	%		0.0000	%		0.0000	%		0.0000	%
Number of Loans		0			0			0			0
Percentage of Total Loans		0.0000	%		0.0000	%		0.0000	%		0.0000	%
Bankruptcy
Scheduled Principal Balance		0.00			0.00			0.00			0.00
Percentage of Total Pool Balance		0.0000	%		0.0000	%		0.0000	%		0.0000	%
Number of Loans		0			0			0			0
Percentage of Total Loans		0.0000	%		0.0000	%		0.0000	%		0.0000	%
Foreclosure
Scheduled Principal Balance		0.00			0.00			0.00			0.00
Percentage of Total Pool Balance		0.0000	%		0.0000	%		0.0000	%		0.0000	%
Number of Loans		0			0			0			0
Percentage of Total Loans		0.0000	%		0.0000	%		0.0000	%		0.0000	%
REO
Scheduled Principal Balance		0.00			0.00			0.00			0.00
Percentage of Total Pool Balance		0.0000	%		0.0000	%		0.0000	%		0.0000	%
Number of Loans		0			0			0			0
Percentage of Total Loans		0.0000	%		0.0000	%		0.0000	%		0.0000	%
Total
Scheduled Principal Balance		0.00			0.00			0.00			0.00
Percentage of Total Pool Balance		0.0000	%		0.0000	%		0.0000	%		0.0000	%
Number of Loans		0			0			0			0
Percentage of Total Loans		0.0000	%		0.0000	%		0.0000	%		0.0000	%

Principal and Interest Advance Required and Received		897,037.50

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Page 16 of 25

Distribution Date:	06/25/2007	HSI Asset Loan Obligation Trust
Determination Date:	06/18/2007	Mortgage Pass-Through Certificates Series 2007-1

Delinquency Information


*GROUP 2*
	31-60 Days			61-90 Days			91+ Days			Totals
Delinquency
Scheduled Principal Balance		54,127.58			0.00			0.00			54,127.58
Percentage of Total Pool Balance		0.0706	%		0.0000	%		0.0000	%		0.0706	%
Number of Loans		1			0			0			1
Percentage of Total Loans		0.4831	%		0.0000	%		0.0000	%		0.4831	%
Bankruptcy
Scheduled Principal Balance		0.00			0.00			0.00			0.00
Percentage of Total Pool Balance		0.0000	%		0.0000	%		0.0000	%		0.0000	%
Number of Loans		0			0			0			0
Percentage of Total Loans		0.0000	%		0.0000	%		0.0000	%		0.0000	%
Foreclosure
Scheduled Principal Balance		0.00			0.00			0.00			0.00
Percentage of Total Pool Balance		0.0000	%		0.0000	%		0.0000	%		0.0000	%
Number of Loans		0			0			0			0
Percentage of Total Loans		0.0000	%		0.0000	%		0.0000	%		0.0000	%
REO
Scheduled Principal Balance		0.00			0.00			0.00			0.00
Percentage of Total Pool Balance		0.0000	%		0.0000	%		0.0000	%		0.0000	%
Number of Loans		0			0			0			0
Percentage of Total Loans		0.0000	%		0.0000	%		0.0000	%		0.0000	%
Total
Scheduled Principal Balance		54,127.58			0.00			0.00			54,127.58
Percentage of Total Pool Balance		0.0706	%		0.0000	%		0.0000	%		0.0706	%
Number of Loans		1			0			0			1
Percentage of Total Loans		0.4831	%		0.0000	%		0.0000	%		0.4831	%

Principal and Interest Advance Required and Received		386,368.34

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Page 17 of 25

Distribution Date:	06/25/2007	HSI Asset Loan Obligation Trust
Determination Date:	06/18/2007	Mortgage Pass-Through Certificates Series 2007-1

Delinquency Information


*GROUP 3*
	31-60 Days			61-90 Days			91+ Days			Totals
Delinquency
Scheduled Principal Balance		0.00			0.00			0.00			0.00
Percentage of Total Pool Balance		0.0000	%		0.0000	%		0.0000	%		0.0000	%
Number of Loans		0			0			0			0
Percentage of Total Loans		0.0000	%		0.0000	%		0.0000	%		0.0000	%
Bankruptcy
Scheduled Principal Balance		0.00			0.00			0.00			0.00
Percentage of Total Pool Balance		0.0000	%		0.0000	%		0.0000	%		0.0000	%
Number of Loans		0			0			0			0
Percentage of Total Loans		0.0000	%		0.0000	%		0.0000	%		0.0000	%
Foreclosure
Scheduled Principal Balance		0.00			0.00			0.00			0.00
Percentage of Total Pool Balance		0.0000	%		0.0000	%		0.0000	%		0.0000	%
Number of Loans		0			0			0			0
Percentage of Total Loans		0.0000	%		0.0000	%		0.0000	%		0.0000	%
REO
Scheduled Principal Balance		0.00			0.00			0.00			0.00
Percentage of Total Pool Balance		0.0000	%		0.0000	%		0.0000	%		0.0000	%
Number of Loans		0			0			0			0
Percentage of Total Loans		0.0000	%		0.0000	%		0.0000	%		0.0000	%
Total
Scheduled Principal Balance		0.00			0.00			0.00			0.00
Percentage of Total Pool Balance		0.0000	%		0.0000	%		0.0000	%		0.0000	%
Number of Loans		0			0			0			0
Percentage of Total Loans		0.0000	%		0.0000	%		0.0000	%		0.0000	%

Principal and Interest Advance Required and Received		156,782.06

Reports Available at www.sf.citidirect.com

Page 18 of 25

Distribution Date:	06/25/2007	HSI Asset Loan Obligation Trust
Determination Date:	06/18/2007	Mortgage Pass-Through Certificates Series 2007-1

Delinquency Information


*GROUP TOTALS*
	31-60 Days			61-90 Days			91+ Days			Totals
Delinquency
Scheduled Principal Balance		54,127.58			0.00			0.00			54,127.58
Percentage of Total Pool Balance		0.0170	%		0.0000	%		0.0000	%		0.0170	%
Number of Loans		1			0			0			1
Percentage of Total Loans		0.1453	%		0.0000	%		0.0000	%		0.1453	%
Bankruptcy
Scheduled Principal Balance		0.00			0.00			0.00			0.00
Percentage of Total Pool Balance		0.0000	%		0.0000	%		0.0000	%		0.0000	%
Number of Loans		0			0			0			0
Percentage of Total Loans		0.0000	%		0.0000	%		0.0000	%		0.0000	%
Foreclosure
Scheduled Principal Balance		0.00			0.00			0.00			0.00
Percentage of Total Pool Balance		0.0000	%		0.0000	%		0.0000	%		0.0000	%
Number of Loans		0			0			0			0
Percentage of Total Loans		0.0000	%		0.0000	%		0.0000	%		0.0000	%
REO
Scheduled Principal Balance		0.00			0.00			0.00			0.00
Percentage of Total Pool Balance		0.0000	%		0.0000	%		0.0000	%		0.0000	%
Number of Loans		0			0			0			0
Percentage of Total Loans		0.0000	%		0.0000	%		0.0000	%		0.0000	%
Total
Scheduled Principal Balance		54,127.58			0.00			0.00			54,127.58
Percentage of Total Pool Balance		0.0170	%		0.0000	%		0.0000	%		0.0170	%
Number of Loans		1			0			0			1
Percentage of Total Loans		0.1453	%		0.0000	%		0.0000	%		0.1453	%

Principal and Interest Advance Required and Received		1,440,187.90

Reports Available at www.sf.citidirect.com

Page 19 of 25

Distribution Date:	06/25/2007	HSI Asset Loan Obligation Trust
Determination Date:	06/18/2007	Mortgage Pass-Through Certificates Series 2007-1

Historical Delinquency Information


Distribution	1 Month		2 Month		3 + Month		Bankruptcy		Foreclosure		REO		Total
Date	Balance	Cnt	Balance	Cnt	Balance	Cnt	Balance	Cnt	Balance	Cnt	Balance	Cnt	( 2+, BK, FC & REO )
													Balance	Cnt
06/25/2007	54,127.58	1	0.00	0	0.00	0	0.00	0	0.00	0	0.00	0	0.00	0
	0.017%	0.1%	0.000%	0.0%	0.000%	0.0%	0.000%	0.0%	0.000%	0.0%	0.000%	0.0%	0.000%	0.0%

Reports Available at www.sf.citidirect.com

Page 20 of 25

Distribution Date:	06/25/2007	HSI Asset Loan Obligation Trust
Determination Date:	06/18/2007	Mortgage Pass-Through Certificates Series 2007-1

Standard Prepayment and Default Information


Payment Date	Wtd. Avg. Age (Months)	Current Collateral Balance	Scheduled Principal	Unscheduled Principal	Liquidation Principal	SMM	CPR	PSA	MDR	CDR	SDA
06/25/2007	0.00	318,285,390.12	196,396.18	6,815,155.83	0.00	2.096%	22.449%	0%	0.000%	0.000%	0%

SMM (Single Month Mortality) = (Beginning Balance - Ending Balance - Scheduled Principal) / (Beginning Balance - Scheduled Principal)		MDR (Monthly Default Rate) = Beginning Balance of Liquidated Asset / Total Beginning Balance
CPR (Constant Prepayment Rate) = 1 - ((1-SMM)^12)		CDR (Conditional Default Rate) = 1 - ((1-MDR)^12)
PSA (Public Securities Association) = CPR / (min(.2% * Age, 6%))		SDA (Standard Default Assumption) = CDR / (min(.2% * Age, 6%))

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Page 21 of 25

Distribution Date:	06/25/2007	HSI Asset Loan Obligation Trust
Determination Date:	06/18/2007	Mortgage Pass-Through Certificates Series 2007-1

Waterfall Detail


*DISTRIBUTIONS*	Amount Distributed			Remaining Available Funds

Loan Group 1 Available Funds					6,235,475.60
Loan Group 1 Certificates, the Accrued Certificate Interest		(1,042,249.93	)		5,193,225.67
Loan Group 1 Certificates, unpaid Accrued Certificate Interest from prior distributions		0.00			5,193,225.67

Loan Group 1 Remaining Available Funds, Distributions of Principal to the Senior Certificiates					5,193,225.67
Loan Group 1, Class PO Principal Distribution Amount		(1,311.40	)		5,191,914.27
Class R, the Senior Principal Distribution Amount		(100.00	)		5,191,814.27
Class I-A-1, the Senior Principal Distribution Amount		(5,137,823.29	)		53,990.98

Loan Group 2 Available Funds					1,995,289.42
Loan Group 2 Certificates, the Accrued Certificate Interest		(433,422.73	)		1,561,866.69
Loan Group 2 Certificates, unpaid Accrued Certificate Interest from prior distributions		0.00			1,561,866.69

Loan Group 2 Remaining Available Funds, Distributions of Principal to the Senior Certificiates					1,561,866.69
Loan Group 2, Class PO Principal Distribution Amount		(4.08	)		1,561,862.61
Class II-A-11 Certificates, the Senior Principal Distribution Amount		(1,541,147.10	)		20,715.51

Loan Group 3 Available Funds					510,829.89
Loan Group 3 Certificates, the Accrued Certificate Interest		(179,712.51	)		331,117.38
Loan Group 3 Certificates, unpaid Accrued Certificate Interest from prior distributions		0.00			331,117.38

Loan Group 3 Remaining Available Funds, Distributions of Principal to the Senior Certificiates					331,117.38
Class III-A-5 Certificates, the Senior Principal Distribution Amount		(322,342.70	)		8,774.68

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Page 22 of 25

Distribution Date:	06/25/2007	HSI Asset Loan Obligation Trust
Determination Date:	06/18/2007	Mortgage Pass-Through Certificates Series 2007-1


Remaining Available Funds			83,481.17
Class B1, Current and Prior Unpaid Accrued Certificate Interest	(31,522.15	)	51,959.02
Class B1, the Subordinate Principal Distribution Amount	(3,725.45	)	48,233.57
Class B2, Current and Prior Unpaid Accrued Certificate Interest	(14,931.55	)	33,302.02
Class B2, the Subordinate Principal Distribution Amount	(1,764.69	)	31,537.33
Class B3, Current and Prior Unpaid Accrued Certificate Interest	(8,295.30	)	23,242.03
Class B3, the Subordinate Principal Distribution Amount	(980.38	)	22,261.65
Class B4, Current and Prior Unpaid Accrued Certificate Interest	(8,295.30	)	13,966.35
Class B4, the Subordinate Principal Distribution Amount	(980.38	)	12,985.97
Class B5, Current and Prior Unpaid Accrued Certificate Interest	(6,636.24	)	6,349.73
Class B5, the Subordinate Principal Distribution Amount	(784.31	)	5,565.42
Class B6, Current and Prior Unpaid Accrued Certificate Interest	(4,977.18	)	588.24
Class B6, the Subordinate Principal Distribution Amount	(588.23	)	0.01

Class R, the Remaining Available Funds	0.00		0.01

Prepayment Penalty Amounts	0.00		0.00
Class P, All Prepayment Penalty Amounts	0.00		0.00

Reports Available at www.sf.citidirect.com

Page 23 of 25

Distribution Date:	06/25/2007	HSI Asset Loan Obligation Trust
Determination Date:	06/18/2007	Mortgage Pass-Through Certificates Series 2007-1

Other Information


Current Bankruptcy Loss	0.00
Cumulative Bankruptcy Loss	0.00
Original Bankruptcy Loss Limit	113,493.00

Current Fraud Loss	0.00
Cumulative Fraud Loss	0.00
Original Fraud Loss Limit	3,252,969.42

Current Special Hazard Loss	0.00
Cumulative Special Hazard Loss	0.00
Original Special Hazard Loss Limit	3,989,093.00

Current Libor	5.320000	%
Next Libor	5.320000	%

Group 1 Extraordinary Losses	0.00
Group 2 Extraordinary Losses	0.00
Group 3 Extraordinary Losses	0.00

Reports Available at www.sf.citidirect.com

Page 24 of 25

Distribution Date:	06/25/2007	HSI Asset Loan Obligation Trust
Determination Date:	06/18/2007	Mortgage Pass-Through Certificates Series 2007-1


CERTIFICATE EXCHANGE INFORMATION:

Please note the following exchanges have occured, effective June 25, 2007

Combination Group I - Exchangeable Classes
From:Cusip 40431TAB7 (Class I-IO) - $132,866,955.00
From:Cusip 40431TAR2 (Class II-IO) - $ 65,796,623.00
From:Cusip 40431TAZ4 (Class III-IO) - $ 35,828,661.00

Combination Group I - Exchanged Class
To:Cusip 40431TBB6 (Class A-X) - $234,492,239.00

Please note the following exchanges have occured, effective June 25, 2007

Combination Group VII - Exchangeable Classes
From:Cusip 40431TAC5 (Class II-A1) - $69,319,835.00
From:Cusip 40431TAD3 (Class II-A2) - $69,319,835.00
From:Cusip 40431TAE1 (Class II-A3) - $ 5,332,295.00

Combination Group VII - Exchanged Class
To:Cusip 40431TBB6 (Class II-A11) - $74,652,130.00

Please note the following exchanges have occured, effective June 25, 2007

Combination Group IX - Exchangeable Classes
From:Cusip 40431TAS0 (Class III-A1) - $29,328,318.00
From:Cusip 40431TAT8 (Class III-A2) - $29,328,318.00
From:Cusip 40431TAU5 (Class III-A3) - $ 4,888,053.00

Combination Group IX - Exchanged Class
To:Cusip 40431TAW1 (Class III-A-5) - $34,216,371.00

Reports Available at www.sf.citidirect.com

Page 25 of 25

HSI Asset Loan Obligation Trust 2007-1 10-D/A