Distribution Date:	09/25/2007	BNC Mortgage Loan Trust
Determination Date:	09/18/2007	Mortgage Pass Through Certificates
		Series 2007-3


*CONTACT INFORMATION*

Depositor	Structured Asset Securities Corporation
	745 Seventh Avenue, 7th Floor
	New York, NY 10019

Underwriter	Lehman Brothers
	745 Seventh Avenue, 7th Floor
	New York, NY 10019

Master Servicer	Aurora Loan Services LLC
	327 Inverness Dr South
	Englewood, CO 80112

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


*CONTENTS*

Distribution Summary	2

Distribution Summary (Factors)	3

Interest Distribution	4

Principal Distribution	5

Reconciliation Detail	6

Collateral Summary	7

Delinquency Information	10

Credit Enhancement	14

Distribution Waterfall Detail	15

Other Information	18



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 20

Distribution Date:	09/25/2007	BNC Mortgage Loan Trust
Determination Date:	09/18/2007	Mortgage Pass Through Certificates
		Series 2007-3

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)

A1	415,137,000.00	399,593,787.21	5.715000%	29 / 360	08/27 - 09/24	1,839,629.90	4,133,959.17	5,973,589.07	0.00	0.00	395,459,828.04
A2	110,487,000.00	101,723,591.27	5.565000%	29 / 360	08/27 - 09/24	456,018.38	1,305,623.77	1,761,642.15	0.00	0.00	100,417,967.50
A3	18,819,000.00	18,819,000.00	5.635000%	29 / 360	08/27 - 09/24	85,425.19	0.00	85,425.19	0.00	0.00	18,819,000.00
A4	39,086,000.00	39,086,000.00	5.675000%	29 / 360	08/27 - 09/24	178,682.73	0.00	178,682.73	0.00	0.00	39,086,000.00
A5	14,861,000.00	14,861,000.00	5.755000%	29 / 360	08/27 - 09/24	68,895.18	0.00	68,895.18	0.00	0.00	14,861,000.00
M1	43,103,000.00	43,103,000.00	5.775000%	29 / 360	08/27 - 09/24	200,518.75	0.00	200,518.75	0.00	0.00	43,103,000.00
M2	25,629,000.00	25,629,000.00	5.795000%	29 / 360	08/27 - 09/24	119,641.16	0.00	119,641.16	0.00	0.00	25,629,000.00
M3	14,756,000.00	14,756,000.00	5.825000%	29 / 360	08/27 - 09/24	69,240.48	0.00	69,240.48	0.00	0.00	14,756,000.00
M4	13,203,000.00	13,203,000.00	5.865000%	29 / 360	08/27 - 09/24	62,378.67	0.00	62,378.67	0.00	0.00	13,203,000.00
M5	12,426,000.00	12,426,000.00	6.055000%	29 / 360	08/27 - 09/24	60,609.54	0.00	60,609.54	0.00	0.00	12,426,000.00
M6	11,649,000.00	11,649,000.00	6.355000%	29 / 360	08/27 - 09/24	59,634.79	0.00	59,634.79	0.00	0.00	11,649,000.00
M7	11,261,000.00	11,261,000.00	7.605000%	29 / 360	08/27 - 09/24	68,987.70	0.00	68,987.70	0.00	0.00	11,261,000.00
M8	7,766,000.00	7,766,000.00	7.981553%	29 / 360	08/27 - 09/24	50,078.83	0.00	50,078.83	0.00	0.00	7,766,000.00
M9	8,931,000.00	8,931,000.00	7.981553%	29 / 360	08/27 - 09/24	57,591.31	0.00	57,591.31	0.00	0.00	8,931,000.00
B1	5,048,000.00	5,048,000.00	7.981553%	29 / 360	08/27 - 09/24	32,551.89	0.00	32,551.89	0.00	0.00	5,048,000.00
B2	7,766,000.00	7,766,000.00	7.981553%	29 / 360	08/27 - 09/24	50,078.83	0.00	50,078.83	0.00	0.00	7,766,000.00
X	16,698,015.48	16,698,015.48	0.000000%	30 / 360		1,403,184.42	0.00	1,403,184.42	0.00	0.00	16,698,015.48
P	100.00	100.00	0.000000%	30 / 360		62,149.26	0.00	62,149.26	0.00	0.00	100.00
LTR	0.00	0.00	0.000000%	30 / 360		0.00	0.00	0.00	0.00	0.00	0.00
R	0.00	0.00	0.000000%	30 / 360		0.00	0.00	0.00	0.00	0.00	0.00
Totals	776,626,115.48	752,319,493.96				4,925,297.01	5,439,582.94	10,364,879.95	0.00	0.00	746,879,911.02

Reports Available at www.sf.citidirect.com

Page 2 of 20

Distribution Date:	09/25/2007	BNC Mortgage Loan Trust
Determination Date:	09/18/2007	Mortgage Pass Through Certificates
		Series 2007-3

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)

A1	05568QAA3	09/24/2007	962.558835	4.431380	9.958060	14.389440	0.000000	0.000000	952.600775
A2	05568QAB1	09/24/2007	920.683802	4.127349	11.816990	15.944339	0.000000	0.000000	908.866812
A3	05568QAC9	09/24/2007	1,000.000000	4.539305	0.000000	4.539305	0.000000	0.000000	1,000.000000
A4	05568QAD7	09/24/2007	1,000.000000	4.571528	0.000000	4.571528	0.000000	0.000000	1,000.000000
A5	05568QAE5	09/24/2007	1,000.000000	4.635972	0.000000	4.635972	0.000000	0.000000	1,000.000000
M1	05568QAF2	09/24/2007	1,000.000000	4.652083	0.000000	4.652083	0.000000	0.000000	1,000.000000
M2	05568QAG0	09/24/2007	1,000.000000	4.668195	0.000000	4.668195	0.000000	0.000000	1,000.000000
M3	05568QAH8	09/24/2007	1,000.000000	4.692361	0.000000	4.692361	0.000000	0.000000	1,000.000000
M4	05568QAJ4	09/24/2007	1,000.000000	4.724583	0.000000	4.724583	0.000000	0.000000	1,000.000000
M5	05568QAK1	09/24/2007	1,000.000000	4.877639	0.000000	4.877639	0.000000	0.000000	1,000.000000
M6	05568QAL9	09/24/2007	1,000.000000	5.119306	0.000000	5.119306	0.000000	0.000000	1,000.000000
M7	05568QAM7	09/24/2007	1,000.000000	6.126250	0.000000	6.126250	0.000000	0.000000	1,000.000000
M8	05568QAN5	09/24/2007	1,000.000000	6.448472	0.000000	6.448472	0.000000	0.000000	1,000.000000
M9	05568QAP0	09/24/2007	1,000.000000	6.448473	0.000000	6.448473	0.000000	0.000000	1,000.000000
B1	05568QAS4	09/24/2007	1,000.000000	6.448473	0.000000	6.448473	0.000000	0.000000	1,000.000000
B2	05568QAT2	09/24/2007	1,000.000000	6.448472	0.000000	6.448472	0.000000	0.000000	1,000.000000
X	05568QAQ8	09/24/2007	1,000.000000	84.033005	0.000000	84.033005	0.000000	0.000000	1,000.000000
P	05568QAR6	09/24/2007	1,000.000000	621,492.600000	0.000000	621,492.600000	0.000000	0.000000	1,000.000000

Reports Available at www.sf.citidirect.com

Page 3 of 20

Distribution Date:	09/25/2007	BNC Mortgage Loan Trust
Determination Date:	09/18/2007	Mortgage Pass Through Certificates
		Series 2007-3

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)

A1	399,593,787.21	5.71500%	0.21000%	29 / 360	1,839,629.90	0.00	0.00	0.00	1,839,629.90	0.00	1,839,629.90	0.00
A2	101,723,591.27	5.56500%	0.06000%	29 / 360	456,018.38	0.00	0.00	0.00	456,018.38	0.00	456,018.38	0.00
A3	18,819,000.00	5.63500%	0.13000%	29 / 360	85,425.19	0.00	0.00	0.00	85,425.19	0.00	85,425.19	0.00
A4	39,086,000.00	5.67500%	0.17000%	29 / 360	178,682.73	0.00	0.00	0.00	178,682.73	0.00	178,682.73	0.00
A5	14,861,000.00	5.75500%	0.25000%	29 / 360	68,895.18	0.00	0.00	0.00	68,895.18	0.00	68,895.18	0.00
M1	43,103,000.00	5.77500%	0.27000%	29 / 360	200,518.75	0.00	0.00	0.00	200,518.75	0.00	200,518.75	0.00
M2	25,629,000.00	5.79500%	0.29000%	29 / 360	119,641.16	0.00	0.00	0.00	119,641.16	0.00	119,641.16	0.00
M3	14,756,000.00	5.82500%	0.32000%	29 / 360	69,240.48	0.00	0.00	0.00	69,240.48	0.00	69,240.48	0.00
M4	13,203,000.00	5.86500%	0.36000%	29 / 360	62,378.67	0.00	0.00	0.00	62,378.67	0.00	62,378.67	0.00
M5	12,426,000.00	6.05500%	0.55000%	29 / 360	60,609.54	0.00	0.00	0.00	60,609.54	0.00	60,609.54	0.00
M6	11,649,000.00	6.35500%	0.85000%	29 / 360	59,634.79	0.00	0.00	0.00	59,634.79	0.00	59,634.79	0.00
M7	11,261,000.00	7.60500%	2.10000%	29 / 360	68,987.70	0.00	0.00	0.00	68,987.70	0.00	68,987.70	0.00
M8	7,766,000.00	7.98155%	2.50000%	29 / 360	50,078.83	0.00	0.00	0.00	50,078.83	0.00	50,078.83	0.00
M9	8,931,000.00	7.98155%	2.50000%	29 / 360	57,591.31	0.00	0.00	0.00	57,591.31	0.00	57,591.31	0.00
B1	5,048,000.00	7.98155%	2.50000%	29 / 360	32,551.89	0.00	0.00	0.00	32,551.89	0.00	32,551.89	0.00
B2	7,766,000.00	7.98155%	2.50000%	29 / 360	50,078.83	0.00	0.00	0.00	50,078.83	0.00	50,078.83	0.00
X	16,698,015.48	0.00000%	0.00000%	30 / 360	1,403,184.42	0.00	0.00	0.00	1,403,184.42	0.00	1,403,184.42	0.00
P	100.00	0.00000%	0.00000%	30 / 360	62,149.26	0.00	0.00	0.00	62,149.26	0.00	62,149.26	0.00
LTR	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	0.00	0.00000%	0.00000%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Totals	752,319,493.96				4,925,297.01	0.00	0.00	0.00	4,925,297.01	0.00	4,925,297.01	0.00

Reports Available at www.sf.citidirect.com

Page 4 of 20

Distribution Date:	09/25/2007	BNC Mortgage Loan Trust
Determination Date:	09/18/2007	Mortgage Pass Through Certificates
		Series 2007-3

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)

A1	415,137,000.00	399,593,787.21	181,666.28	3,952,292.89	0.00	0.00	0.00	395,459,828.04	0.00	53.45%	52.95%	22.95%	23.86%
A2	110,487,000.00	101,723,591.27	65,260.79	1,240,362.98	0.00	0.00	0.00	100,417,967.50	0.00	14.23%	13.45%	22.95%	23.86%
A3	18,819,000.00	18,819,000.00	0.00	0.00	0.00	0.00	0.00	18,819,000.00	0.00	2.42%	2.52%	22.95%	23.86%
A4	39,086,000.00	39,086,000.00	0.00	0.00	0.00	0.00	0.00	39,086,000.00	0.00	5.03%	5.23%	22.95%	23.86%
A5	14,861,000.00	14,861,000.00	0.00	0.00	0.00	0.00	0.00	14,861,000.00	0.00	1.91%	1.99%	22.95%	23.86%
M1	43,103,000.00	43,103,000.00	0.00	0.00	0.00	0.00	0.00	43,103,000.00	0.00	5.55%	5.77%	17.40%	18.09%
M2	25,629,000.00	25,629,000.00	0.00	0.00	0.00	0.00	0.00	25,629,000.00	0.00	3.30%	3.43%	14.10%	14.66%
M3	14,756,000.00	14,756,000.00	0.00	0.00	0.00	0.00	0.00	14,756,000.00	0.00	1.90%	1.98%	12.20%	12.69%
M4	13,203,000.00	13,203,000.00	0.00	0.00	0.00	0.00	0.00	13,203,000.00	0.00	1.70%	1.77%	10.50%	10.92%
M5	12,426,000.00	12,426,000.00	0.00	0.00	0.00	0.00	0.00	12,426,000.00	0.00	1.60%	1.66%	8.90%	9.25%
M6	11,649,000.00	11,649,000.00	0.00	0.00	0.00	0.00	0.00	11,649,000.00	0.00	1.50%	1.56%	7.40%	7.69%
M7	11,261,000.00	11,261,000.00	0.00	0.00	0.00	0.00	0.00	11,261,000.00	0.00	1.45%	1.51%	5.95%	6.19%
M8	7,766,000.00	7,766,000.00	0.00	0.00	0.00	0.00	0.00	7,766,000.00	0.00	1.00%	1.04%	4.95%	5.15%
M9	8,931,000.00	8,931,000.00	0.00	0.00	0.00	0.00	0.00	8,931,000.00	0.00	1.15%	1.20%	3.80%	3.95%
B1	5,048,000.00	5,048,000.00	0.00	0.00	0.00	0.00	0.00	5,048,000.00	0.00	0.65%	0.68%	3.15%	3.28%
B2	7,766,000.00	7,766,000.00	0.00	0.00	0.00	0.00	0.00	7,766,000.00	0.00	1.00%	1.04%	2.15%	2.24%
X	16,698,015.48	16,698,015.48	0.00	0.00	0.00	0.00	0.00	16,698,015.48	0.00	2.15%	2.24%	0.00%	0.00%
Totals	776,626,015.48	752,319,393.96	246,927.07	5,192,655.87	0.00	0.00	0.00	746,879,811.02	0.00	100%	100%

Reports Available at www.sf.citidirect.com

Page 5 of 20

Distribution Date:	09/25/2007	BNC Mortgage Loan Trust
Determination Date:	09/18/2007	Mortgage Pass Through Certificates
		Series 2007-3

Reconciliation Detail


*SOURCE OF FUNDS*

Interest Funds Available
Scheduled Interest	5,150,581.96
Uncompensated PPIS	0.00
Relief Act Interest Shortfall	0.00
Interest Adjustments	0.00
Total Interest Funds Available:		5,150,581.96
Principal Funds Available
Scheduled Principal	246,927.07
Curtailments	24,265.81
Prepayments in Full	5,168,230.45
Net Liquidation Proceeds	0.00
Adjustment Principal	159.61
Repurchased Principal	0.00
Substitution Principal	0.00
Other Principal	0.00
Total Principal Funds Available:		5,439,582.94
Other Funds Available
Swap Amount	31,662.43
Prepayment Charges	62,149.26
FPD Premiums	0.00
Account Interest Earnings	13.20
Total Other Funds Available:		93,824.89
Total Funds Available		10,683,989.79


*ALLOCATION OF FUNDS*

Scheduled Fees
Credit Risk Manager Fee	5,643.14
Master Servicing Fee	0.00
Servicing Fee	313,466.70
Total Scheduled Fees:		319,109.84
Additional Fees, Expenses, etc.
Extraordinary Trust Fund Expenses	0.00
Other Expenses	0.00
Payment to the Swap Counterparty	0.00
Total Additional Fees, Expenses, etc.:		0.00
Distribution to Certificateholders
Interest Distribution	4,925,297.01
Principal Distribution	5,439,582.94
Total Distribution to Certificateholders:		10,364,879.95
Total Funds Allocated		10,683,989.79

Reports Available at www.sf.citidirect.com

Page 6 of 20

Distribution Date:	09/25/2007	BNC Mortgage Loan Trust
Determination Date:	09/18/2007	Mortgage Pass Through Certificates
		Series 2007-3

Collateral Summary - Group 1


*ASSET CHARACTERISTICS*

	Cut-Off			Prior			Current

Aggregate Stated Principal Balance		538,789,024.81			523,245,812.02			519,111,852.85

Loan Count		2,485			2,411			2,394

Weighted Average Coupon Rate (WAC)		8.238533	%		8.219380	%		Not Available

Net Weighted Average Coupon Rate (Net WAC)		7.738533	%		7.719380	%		Not Available

Weighted Average Remaining Term (WART in months)		358			356			355


*AVAILABLE PRINCIPAL*

Scheduled Principal			181,666.28
Curtailments			12,892.53
Prepayments in Full			3,939,295.16
Liquidation Proceeds			0.00
Repurchased Principal			0.00
Substitution Principal			0.00
Adjustment Principal			105.20
Other Principal			0.00
TOTAL AVAILABLE PRINCIPAL			4,133,959.17

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


*AVAILABLE INTEREST*

Scheduled Interest		3,583,963.40

	Supplemental Interest Trust Amount	31,662.43
Less:	Servicing Fee	218,019.41
	Master Servicing Fee	0.00
	Credit Risk Manager Fee	3,924.92
	Trustee Fee	0.00
	Uncompensated PPIS	0.00
	Relief Act Interest Shortfall	0.00
	Other Amounts	0.00
TOTAL AVAILABLE INTEREST		3,393,681.50

Reports Available at www.sf.citidirect.com

Page 7 of 20

Distribution Date:	09/25/2007	BNC Mortgage Loan Trust
Determination Date:	09/18/2007	Mortgage Pass Through Certificates
		Series 2007-3

Collateral Summary - Group 2


*ASSET CHARACTERISTICS*

	Cut-Off			Prior			Current

Aggregate Stated Principal Balance		237,837,090.67			229,073,681.94			227,768,058.17

Loan Count		764			738			735

Weighted Average Coupon Rate (WAC)		8.233850	%		8.206715	%		Not Available

Net Weighted Average Coupon Rate (Net WAC)		7.733850	%		7.706715	%		Not Available

Weighted Average Remaining Term (WART in months)		359			356			355


*AVAILABLE PRINCIPAL*

Scheduled Principal			65,260.79
Curtailments			11,373.28
Prepayments in Full			1,228,935.29
Liquidation Proceeds			0.00
Repurchased Principal			0.00
Substitution Principal			0.00
Adjustment Principal			54.41
Other Principal			0.00
TOTAL AVAILABLE PRINCIPAL			1,305,623.77

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


*AVAILABLE INTEREST*

Scheduled Interest		1,566,618.56

Less:	Servicing Fee	95,447.29
	Master Servicing Fee	0.00
	Credit Risk Manager Fee	1,718.22
	Trustee Fee	0.00
	Uncompensated PPIS	0.00
	Relief Act Interest Shortfall	0.00
	Other Amounts	0.00
TOTAL AVAILABLE INTEREST		1,469,453.05

Reports Available at www.sf.citidirect.com

Page 8 of 20

Distribution Date:	09/25/2007	BNC Mortgage Loan Trust
Determination Date:	09/18/2007	Mortgage Pass Through Certificates
		Series 2007-3

Collateral Summary - Total


*ASSET CHARACTERISTICS*

	Cut-Off			Prior			Current

Aggregate Stated Principal Balance		776,626,115.48			752,319,493.96			746,879,911.02

Loan Count		3,249			3,149			3,129

Weighted Average Coupon Rate (WAC)		8.237099	%		8.215523	%		Not Available

Net Weighted Average Coupon Rate (WAC)		7.737099	%		7.715523	%		Not Available

Weighted Average Remaining Term (WART in months)		358			356			355


*AVAILABLE PRINCIPAL*

Scheduled Principal			246,927.07
Curtailments			24,265.81
Prepayments in Full			5,168,230.45
Liquidation Proceeds			0.00
Repurchased Principal			0.00
Substitution Principal			0.00
Adjustment Principal			159.61
Other Principal			0.00
TOTAL AVAILABLE PRINCIPAL			5,439,582.94

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


*AVAILABLE INTEREST*

Scheduled Interest		5,150,581.96

	Supplemental Interest Trust Amount	31,662.43
Less:	Servicing Fee	313,466.70
	Master Servicing Fee	0.00
	Credit Risk Manager Fee	5,643.14
	Trustee Fee	0.00
	Uncompensated PPIS	0.00
	Relief Act Interest Shortfall	0.00
	Other Amounts	0.00
TOTAL AVAILABLE INTEREST		4,863,134.55

Reports Available at www.sf.citidirect.com

Page 9 of 20

Distribution Date:	09/25/2007	BNC Mortgage Loan Trust
Determination Date:	09/18/2007	Mortgage Pass Through Certificates
		Series 2007-3

Delinquency Information


*GROUP 1*

	Less Than 30 Days			30-59 Days			60-89 Days			90+ Days			Totals
Delinquency
Scheduled Principal Balance					8,985,782.06			1,496,243.69			0.00			10,482,025.75
Percentage of Total Pool Balance					1.7310	%		0.2882	%		0.0000	%		2.0192	%
Number of Loans					43			7			0			50
Percentage of Total Loans					1.7962	%		0.2924	%		0.0000	%		2.0886	%
Bankruptcy
Scheduled Principal Balance		120,362.53			0.00			0.00			0.00			120,362.53
Percentage of Total Pool Balance		0.0232	%		0.0000	%		0.0000	%		0.0000	%		0.0232	%
Number of Loans		1			0			0			0			1
Percentage of Total Loans		0.0418	%		0.0000	%		0.0000	%		0.0000	%		0.0418	%
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		120,362.53			8,985,782.06			1,496,243.69			0.00			10,602,388.28
Percentage of Total Pool Balance		0.0232	%		1.7310	%		0.2882	%		0.0000	%		2.0424	%
Number of Loans		1			43			7			0			51
Percentage of Total Loans		0.0418	%		1.7962	%		0.2924	%		0.0000	%		2.1303	%

Principal and Interest Advance Required and Received					3,286,263.76

Reports Available at www.sf.citidirect.com

Page 10 of 20

Distribution Date:	09/25/2007	BNC Mortgage Loan Trust
Determination Date:	09/18/2007	Mortgage Pass Through Certificates
		Series 2007-3

Delinquency Information


*GROUP 2*

	30-59 Days			60-89 Days			90+ Days			Totals
Delinquency
Scheduled Principal Balance		3,979,553.99			673,557.40			0.00			4,653,111.39
Percentage of Total Pool Balance		1.7472	%		0.2957	%		0.0000	%		2.0429	%
Number of Loans		16			3			0			19
Percentage of Total Loans		2.1769	%		0.4082	%		0.0000	%		2.5850	%
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		3,979,553.99			673,557.40			0.00			4,653,111.39
Percentage of Total Pool Balance		1.7472	%		0.2957	%		0.0000	%		2.0429	%
Number of Loans		16			3			0			19
Percentage of Total Loans		2.1769	%		0.4082	%		0.0000	%		2.5850	%

Principal and Interest Advance Required and Received		1,411,948.23

Reports Available at www.sf.citidirect.com

Page 11 of 20

Distribution Date:	09/25/2007	BNC Mortgage Loan Trust
Determination Date:	09/18/2007	Mortgage Pass Through Certificates
		Series 2007-3

Delinquency Information


*GROUP TOTALS*

	Less Than 30 Days			30-59 Days			60-89 Days			90+ Days			Totals
Delinquency
Scheduled Principal Balance					12,965,336.05			2,169,801.09			0.00			15,135,137.14
Percentage of Total Pool Balance					1.7359	%		0.2905	%		0.0000	%		2.0264	%
Number of Loans					59			10			0			69
Percentage of Total Loans					1.8856	%		0.3196	%		0.0000	%		2.2052	%
Bankruptcy
Scheduled Principal Balance		120,362.53			0.00			0.00			0.00			120,362.53
Percentage of Total Pool Balance		0.0161	%		0.0000	%		0.0000	%		0.0000	%		0.0161	%
Number of Loans		1			0			0			0			1
Percentage of Total Loans		0.0320	%		0.0000	%		0.0000	%		0.0000	%		0.0320	%
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		120,362.53			12,965,336.05			2,169,801.09			0.00			15,255,499.67
Percentage of Total Pool Balance		0.0161	%		1.7359	%		0.2905	%		0.0000	%		2.0426	%
Number of Loans		1			59			10			0			70
Percentage of Total Loans		0.0320	%		1.8856	%		0.3196	%		0.0000	%		2.2371	%

Principal and Interest Advance Required and Received					4,698,211.99

Reports Available at www.sf.citidirect.com

Page 12 of 20

Distribution Date:	09/25/2007	BNC Mortgage Loan Trust
Determination Date:	09/18/2007	Mortgage Pass Through Certificates
		Series 2007-3

Historical Delinquency Information


Distribution	1 Month		2 Month		3 + Month		Bankruptcy		Foreclosure		REO		Total ( 2+, BK, FC & REO )
Date	Balance	Cnt	Balance	Cnt	Balance	Cnt	Balance	Cnt	Balance	Cnt	Balance	Cnt	Balance	Cnt
09/25/2007	12,965,336.05	59	2,169,801.09	10	0.00	0	120,362.53	1	0.00	0	0.00	0	2,290,163.62	11
	1.736%	1.9%	0.291%	0.3%	0.000%	0.0%	0.016%	0.0%	0.000%	0.0%	0.000%	0.0%	0.307%	0.4%
08/27/2007	3,073,350.54	18	0.00	0	0.00	0	120,412.02	1	0.00	0	0.00	0	120,412.02	1
	0.409%	0.6%	0.000%	0.0%	0.000%	0.0%	0.016%	0.0%	0.000%	0.0%	0.000%	0.0%	0.016%	0.0%
07/25/2007	460,750.00	1	0.00	0	0.00	0	0.00	0	0.00	0	0.00	0	0.00	0
	0.061%	0.0%	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 13 of 20

Distribution Date:	09/25/2007	BNC Mortgage Loan Trust
Determination Date:	09/18/2007	Mortgage Pass Through Certificates
		Series 2007-3

Credit Enhancement


*Overcollateralization and Trigger Information*

Required Overcollateralization Amount			16,698,115.48	2.2357	%
Prior Overcollateralization Amount			16,698,115.48
Overcollateralization Decrease due to Realized Losses			0.00
Overcollateralization Deficiency Amount	0.00
Excess Spread Available for Overcollateralization Increase	1,372,066.19
Overcollateralization Increase Amount			0.00
Excess Overcollateralization Amount	0.00
Principal Available for Overcollateralization Reduction	5,439,582.94
Overcollateralization Reduction Amount			0.00
Current Overcollateralization			16,698,115.48	2.2357	%

Senior Enhancement Percentage				23.8641	%
Are Stepdown Principal Distributions allowed this month?				No
(Has the Stepdown Date occured and are there no Trigger Events in effect?)
Has the Stepdown Date Occured?			No
(Has the Distribution Date in May 2009 passed and have the Senior Notes paid down to their target percentage?)
Senior Notes Current Percentage	76.1359	%
Senior Notes Target Percentage	54.1000	%
Is A Trigger Event in effect?			No
(Is a Delinquency Trigger Event in effect or is a Cumulative Loss Trigger Event in effect?)
Is A Delinquency Trigger Event in effect?			No
(Does the Delinquency Percentage equal or exceed the target percentage?)
Rolling Three Month Delinquency Rate	0.0968	%
Target Percentage	10.1661	%
Is A Cumulative Realized Loss Trigger Event in effect?			No
(Does the Cumulative Loss Percentage equal or exceed the target percentage?)
Cumulative Loss Percentage	0.0000	%
Target Percentage	0.0000	%

Reports Available at www.sf.citidirect.com

Page 14 of 20

Distribution Date:	09/25/2007	BNC Mortgage Loan Trust
Determination Date:	09/18/2007	Mortgage Pass Through Certificates
		Series 2007-3

Waterfall Detail


*DISTRIBUTIONS*	Amount Distributed			Remaining Available Funds

Group 1 Interest Remittance Funds					3,365,943.99
Group 1 Pool Percentage of the Net Swap Payment owed to the Swap Counterparty		0.00			3,365,943.99
Group 2 Pool Percentage of the Net Swap Payment owed to the Swap Counterparty		0.00			3,365,943.99
Class A1 Current and Carryforward Interest		(1,839,629.90	)		1,526,314.09

Group 2 Interest Remittance Funds					1,471,171.27
Group 2 Pool Percentage of the Net Swap Payment owed to the Swap Counterparty		0.00			1,471,171.27
Group 1 Pool Percentage of the Net Swap Payment owed to the Swap Counterparty		0.00			1,471,171.27
Class A-2, A-3, A-4, A-5 Current and Carryforward Interest		(789,021.48	)		682,149.79

Group 1 & 2 Interest Remittance Funds					2,208,463.88
Group 1 & 2 Interest Remaining Unpaid SeniorCurrent and Carryforward Interest		0.00			2,208,463.88
Class M-1 Current and Carryforward Interest		(200,518.75	)		2,007,945.13
Class M-2 Current and Carryforward Interest		(119,641.16	)		1,888,303.97
Class M-3 Current and Carryforward Interest		(69,240.48	)		1,819,063.49
Class M-4 Current and Carryforward Interest		(62,378.67	)		1,756,684.82
Class M-5 Current and Carryforward Interest		(60,609.54	)		1,696,075.28
Class M-6 Current and Carryforward Interest		(59,634.79	)		1,636,440.49
Class M-7 Current and Carryforward Interest		(68,987.70	)		1,567,452.79
Class M-8 Current and Carryforward Interest		(49,932.15	)		1,517,520.64
Class M-9 Current and Carryforward Interest		(57,422.62	)		1,460,098.02
Class B-1 Current and Carryforward Interest		(32,456.54	)		1,427,641.48
Class B-2 Current and Carryforward Interest		(49,932.15	)		1,377,709.33
To the Credit Risk Manager, the Credit Risk Manager Fee		(5,643.14	)		1,372,066.19
To the Trustee, Amounts Reimurseable per Section 4.04(b)(i)		0.00			1,372,066.19

Reports Available at www.sf.citidirect.com

Page 15 of 20

Distribution Date:	09/25/2007	BNC Mortgage Loan Trust
Determination Date:	09/18/2007	Mortgage Pass Through Certificates
		Series 2007-3

Waterfall Detail


*DISTRIBUTIONS*	Amount Distributed			Remaining Available Funds

Group 1 Principal Distribution Amount					4,133,959.17
Group 1 Swap Percentage of the Net Swap Payment owed to the Swap Counterparty		0.00			4,133,959.17
Group 2 Swap Percentage of the Net Swap Payment owed to the Swap Counterparty		0.00			4,133,959.17
Class A-1, the Class Principal Amount		(4,133,959.17	)		0.00

Group 2 Principal Distribution Amount					1,305,623.77
Group 1 Swap Percentage of the Net Swap Payment owed to the Swap Counterparty		0.00			1,305,623.77
Group 2 Swap Percentage of the Net Swap Payment owed to the Swap Counterparty		0.00			1,305,623.77
Class A-2, A-3, A-4, A-5, the Class Principal Amount		(1,305,623.77	)		0.00

The Aggregate of Any Remaining Principal Distribution Amount					0.00
Concurrently, to the Group 1 Senior Certificates		0.00			0.00
Concurrently, to the Group 2 Senior Certificates		0.00			0.00
Class M-1, the Class Principal Amount		0.00			0.00
Class M-2, the Class Principal Amount		0.00			0.00
Class M-3, the Class Principal Amount		0.00			0.00
Class M-4, the Class Principal Amount		0.00			0.00
Class M-5, the Class Principal Amount		0.00			0.00
Class M-6, the Class Principal Amount		0.00			0.00
Class M-7, the Class Principal Amount		0.00			0.00
Class M-8, the Class Principal Amount		0.00			0.00
Class M-9, the Class Principal Amount		0.00			0.00
Class B-1, the Class Principal Amount		0.00			0.00
Class B-2, the Class Principal Amount		0.00			0.00

Reports Available at www.sf.citidirect.com

Page 16 of 20

Distribution Date:	09/25/2007	BNC Mortgage Loan Trust
Determination Date:	09/18/2007	Mortgage Pass Through Certificates
		Series 2007-3

Waterfall Detail


*DISTRIBUTIONS*	Amount Distributed			Remaining Available Funds

Group 1 & 2 Monthly Excess Cashlow Funds					1,372,066.19
Concurrently, to the Group 1 Senior Certificates		0.00			1,372,066.19
Concurrently, to the Group 2 Senior Certificates		0.00			1,372,066.19
Class M-1, the Class Principal Amount		0.00			1,372,066.19
Class M-2, the Class Principal Amount		0.00			1,372,066.19
Class M-3, the Class Principal Amount		0.00			1,372,066.19
Class M-4, the Class Principal Amount		0.00			1,372,066.19
Class M-5, the Class Principal Amount		0.00			1,372,066.19
Class M-7, the Class Principal Amount		0.00			1,372,066.19
Class M-6, the Class Principal Amount		0.00			1,372,066.19
Class M-8, the Class Principal Amount		0.00			1,372,066.19
Class M-9, the Class Principal Amount		0.00			1,372,066.19
Class B-2, the Class Principal Amount		0.00			1,372,066.19
Class B-2, the Class Principal Amount		0.00			1,372,066.19
Subordinate Certificates, Any Deferred Amount		0.00			1,372,066.19
Basis Risk Reserve Fund, the Basis Risk Payment		(557.40	)		1,371,508.79
Class P, the Class P Principal Amount		0.00			1,371,508.79
Swap Account, the Class X Distributable Amount		(1,371,508.79	)		0.00
Class R, the remainder		0.00			0.00

Reports Available at www.sf.citidirect.com

Page 17 of 20

Distribution Date:	09/25/2007	BNC Mortgage Loan Trust
Determination Date:	09/18/2007	Mortgage Pass Through Certificates
		Series 2007-3

Other Information


Basis Risk Reserve Fund
Beginning Balance	1,000.00
Interest Earnings	4.40
Deposits	557.40
Withdrawals	561.80
Ending Balance	1,000.00

Swap Account
Beginning Balance	1,000.00
Interest Earnings	4.40
Deposits	1,403,171.22
Withdrawals	1,403,175.62
Ending Balance	1,000.00

Interest Rate Cap Account
Beginning Balance	1,000.00
Interest Earnings	4.40
Deposits	0.00
Withdrawals	4.40
Ending Balance	1,000.00

Distributions to the Holders since inception
Class P	148,859.67
Class X	4,087,557.82
Class LT-R	0.00
Class R	0.00
Class C	0.00

Current Libor	5.505000	%
Next Libor	0.000000	%

Reports Available at www.sf.citidirect.com

Page 18 of 20

Distribution Date:	09/25/2007	BNC Mortgage Loan Trust
Determination Date:	09/18/2007	Mortgage Pass Through Certificates
		Series 2007-3


Basis Risk Shortfall Amounts (Amounts include prior month's unpaid)
Class A-1 Basis Risk Shortfall Amount			0.00
Class A-2 Basis Risk Shortfall Amount			0.00
Class A-3 Basis Risk Shortfall Amount			0.00
Class A-4 Basis Risk Shortfall Amount			0.00
Class A-5 Basis Risk Shortfall Amount			0.00
Class M-1 Basis Risk Shortfall Amount			0.00
Class M-2 Basis Risk Shortfall Amount			0.00
Class M-3 Basis Risk Shortfall Amount			0.00
Class M-4 Basis Risk Shortfall Amount			0.00
Class M-5 Basis Risk Shortfall Amount			0.00
Class M-6 Basis Risk Shortfall Amount			0.00
Class M-7 Basis Risk Shortfall Amount			0.00
Class M-8 Basis Risk Shortfall Amount			146.68
Class M-9 Basis Risk Shortfall Amount			168.69
Class B-1 Basis Risk Shortfall Amount			95.35
Class B-2 Basis Risk Shortfall Amount			146.68

Unpaid Basis Risk Shortfall Amounts
Class A-1 Unpaid Basis Risk Shortfall Amount			0.00
Class A-2 Unpaid Basis Risk Shortfall Amount			0.00
Class A-3 Unpaid Basis Risk Shortfall Amount			0.00
Class A-4 Unpaid Basis Risk Shortfall Amount			0.00
Class A-5 Unpaid Basis Risk Shortfall Amount			0.00
Class M-1 Unpaid Basis Risk Shortfall Amount			0.00
Class M-2 Unpaid Basis Risk Shortfall Amount			0.00
Class M-3 Unpaid Basis Risk Shortfall Amount			0.00
Class M-4 Unpaid Basis Risk Shortfall Amount			0.00
Class M-5 Unpaid Basis Risk Shortfall Amount			0.00
Class M-6 Unpaid Basis Risk Shortfall Amount			0.00
Class M-7 Unpaid Basis Risk Shortfall Amount			0.00
Class M-8 Unpaid Basis Risk Shortfall Amount			0.00
Class M-9 Unpaid Basis Risk Shortfall Amount			0.00
Class B-1 Unpaid Basis Risk Shortfall Amount			0.00
Class B-2 Unpaid Basis Risk Shortfall Amount			0.00

Reports Available at www.sf.citidirect.com

Page 19 of 20

Distribution Date:	09/25/2007	BNC Mortgage Loan Trust
Determination Date:	09/18/2007	Mortgage Pass Through Certificates
		Series 2007-3


Certificate Interest Rates limited by the Net WAC Rate:
Class M8 Certificate	8.005000	%
Class M9 Certificate	8.005000	%
Class B1 Certificate	8.005000	%
Class B2 Certificate	8.005000	%

FPD Premiums	0.00
Senior Principal Distribution Amount	5,439,582.94

Net Swap Payment to the Supplemental Interest Trust Pursuant to Sec.5.02	31,662.43
Net Swap Payment to the Swap Counterparty Pursuant to Sec.5.02	0.00
Swap Termination Payment to the Supplemental Interest Trust Pursuant to Sec.5.02	0.00
Swap Termination Payment to the Swap Counterparty Pursuant to Sec.5.02	0.00

Reports Available at www.sf.citidirect.com

Page 20 of 20

BNC Mortgage Loan Trust 2007-3 10-D