Distribution Date:

Determination Date:

09/25/2007

09/18/2007

HSI Asset Loan Obligation Trust

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	6

Principal Distribution	8

Reconciliation Detail	10

Collateral Summary	13

Delinquency Information	17

Standard Prepayment and Default Information	22

Distribution Waterfall Detail	23

Other Information	25



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 26

Distribution Date:

Determination Date:

09/25/2007

09/18/2007

HSI Asset Loan Obligation Trust

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	188,587,889.99	6.000000%	30 / 360	08/01 - 08/31	942,939.45	2,045,640.09	2,988,579.54	0.00	0.00	186,542,249.90
IIA1	69,319,835.00	64,193,118.30	5.865000%	30 / 360	08/27 - 09/24	0.00	0.00	0.00	0.00	0.00	55,353,635.23
IIA2	69,319,835.00	64,193,118.30	1.135000%	30 / 360	08/27 - 09/24	0.00	0.00	0.00	0.00	0.00	55,353,635.23
IIA3	5,332,295.00	4,937,932.18	0.000000%	30 / 360		0.00	0.00	0.00	0.00	0.00	4,257,971.94
IIA4	69,319,835.00	64,193,118.30	5.855000%	30 / 360	08/27 - 09/24	0.00	0.00	0.00	0.00	0.00	55,353,635.23
IIA5	69,319,835.00	64,193,118.30	1.145000%	30 / 360	08/27 - 09/24	0.00	0.00	0.00	0.00	0.00	55,353,635.23
IIA6	69,319,835.00	64,193,118.30	5.875000%	30 / 360	08/27 - 09/24	0.00	0.00	0.00	0.00	0.00	55,353,635.23
IIA7	69,319,835.00	64,193,118.30	1.125000%	30 / 360	08/27 - 09/24	0.00	0.00	0.00	0.00	0.00	55,353,635.23
IIA8	5,332,295.00	4,937,932.18	14.754998%	30 / 360	08/27 - 09/24	0.00	0.00	0.00	0.00	0.00	4,257,971.94
IIA9	5,332,295.00	4,937,932.18	14.885000%	30 / 360	08/27 - 09/24	0.00	0.00	0.00	0.00	0.00	4,257,971.94
IIA10	5,332,295.00	4,937,932.18	14.625000%	30 / 360	08/27 - 09/24	0.00	0.00	0.00	0.00	0.00	4,257,971.94
IIA11	74,652,130.00	69,131,050.48	6.500000%	30 / 360	08/01 - 08/31	0.00	0.00	0.00	0.00	0.00	59,611,607.17
IIA12	71,434,623.00	66,151,502.02	6.500000%	30 / 360	08/01 - 08/31	349,675.46	9,109,155.28	9,458,830.74	0.00	0.00	57,042,346.74
IIA13	3,217,507.00	2,979,548.46	6.500000%	30 / 360	08/01 - 08/31	15,749.83	410,288.03	426,037.86	0.00	0.00	2,569,260.43
IIIA1	29,328,318.00	29,006,909.44	5.875000%	30 / 360	08/27 - 09/24	0.00	0.00	0.00	0.00	0.00	28,436,940.62
IIIA2	29,328,318.00	29,006,909.44	1.125000%	30 / 360	08/27 - 09/24	0.00	0.00	0.00	0.00	0.00	28,436,940.62
IIIA3	4,888,053.00	4,834,484.91	0.000000%	30 / 360		0.00	0.00	0.00	0.00	0.00	4,739,490.11
IIIA4	4,888,053.00	4,834,484.91	6.750000%	30 / 360	08/27 - 09/24	0.00	0.00	0.00	0.00	0.00	4,739,490.11
IIIA5	34,216,371.00	33,841,394.35	6.000000%	30 / 360	08/01 - 08/31	0.00	0.00	0.00	0.00	0.00	33,176,430.73
IIIA6	32,741,645.00	32,382,829.85	6.000000%	30 / 360	08/01 - 08/31	161,914.15	636,303.68	798,217.83	0.00	0.00	31,746,526.17
IIIA7	1,474,726.00	1,458,564.50	6.000000%	30 / 360	08/01 - 08/31	7,292.82	28,659.94	35,952.76	0.00	0.00	1,429,904.56
APO	1,408,572.00	1,387,203.58	0.000000%	30 / 360		0.00	1,502.12	1,502.12	0.00	0.00	1,385,701.46
B1	6,180,643.00	6,169,392.67	6.120216%	30 / 360	08/01 - 08/31	31,258.01	3,787.07	35,045.08	0.00	0.00	6,165,605.60

Reports Available at www.sf.citidirect.com

Page 2 of 26

Distribution Date:

Determination Date:

09/25/2007

09/18/2007

HSI Asset Loan Obligation Trust

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)
B2	2,927,673.00	2,922,343.89	6.120216%	30 / 360	08/01 - 08/31	14,806.43	1,793.88	16,600.31	0.00	0.00	2,920,550.01
B3	1,626,484.00	1,623,523.39	6.120216%	30 / 360	08/01 - 08/31	8,225.79	996.60	9,222.39	0.00	0.00	1,622,526.79
B4	1,626,485.00	1,623,524.39	6.120216%	30 / 360	08/01 - 08/31	8,225.79	996.60	9,222.39	0.00	0.00	1,622,527.79
B5	1,301,188.00	1,298,819.50	6.120216%	30 / 360	08/01 - 08/31	6,580.63	797.28	7,377.91	0.00	0.00	1,298,022.22
B6	975,891.00	974,114.63	6.120216%	30 / 360	08/01 - 08/31	4,935.48	597.96	5,533.44	0.00	0.00	973,516.67
P	0.00	0.00	0.000000%	30 / 360		0.00	0.00	0.00	0.00	0.00	0.00
R	100.00	0.00	6.000000%	30 / 360	08/01 - 08/31	0.00	0.00	0.00	0.00	0.00	0.00
Totals	939,846,375.00	883,124,928.92				1,551,603.84	12,240,518.53	13,792,122.37	0.00	0.00	803,613,336.84

Notional Classes
IO1	132,866,955.00	122,033,615.84	0.320627%	30 / 360	08/01 - 08/31	0.00	0.00	0.00	0.00	0.00	120,055,853.49
IO2	65,796,623.00	60,488,513.94	0.503738%	30 / 360	08/01 - 08/31	0.00	0.00	0.00	0.00	0.00	50,972,607.12
IO3	35,828,661.00	35,451,369.08	0.288543%	30 / 360	08/01 - 08/31	0.00	0.00	0.00	0.00	0.00	34,785,593.21
AX	234,492,239.00	217,973,498.86	0.366223%	30 / 360	08/01 - 08/31	65,909.81	0.00	65,909.81	0.00	0.00	205,814,053.82
Totals	468,984,478.00	435,946,997.72				65,909.81	0.00	65,909.81	0.00	0.00	411,628,107.64

Reports Available at www.sf.citidirect.com

Page 3 of 26

Distribution Date:

Determination Date:

09/25/2007

09/18/2007

HSI Asset Loan Obligation Trust

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	09/24/2007	941.144664	4.705723	10.208732	14.914455	0.000000	0.000000	930.935931
IIA1	40431TAC5	09/24/2007	926.042572	0.000000	127.517370	127.517370	0.000000	0.000000	798.525202
IIA2	40431TAD3	09/24/2007	926.042572	0.000000	127.517370	127.517370	0.000000	0.000000	798.525202
IIA3	40431TAE1	09/24/2007	926.042573	0.000000	127.517371	127.517371	0.000000	0.000000	798.525202
IIA4	40431TAF8	09/24/2007	926.042572	0.000000	127.517370	127.517370	0.000000	0.000000	798.525202
IIA5	40431TAG6	09/24/2007	926.042572	0.000000	127.517370	127.517370	0.000000	0.000000	798.525202
IIA6	40431TAH4	09/24/2007	926.042572	0.000000	127.517370	127.517370	0.000000	0.000000	798.525202
IIA7	40431TAJ0	09/24/2007	926.042572	0.000000	127.517370	127.517370	0.000000	0.000000	798.525202
IIA8	40431TAK7	09/24/2007	926.042573	0.000000	127.517371	127.517371	0.000000	0.000000	798.525202
IIA9	40431TAL5	09/24/2007	926.042573	0.000000	127.517371	127.517371	0.000000	0.000000	798.525202
IIA10	40431TAM3	09/24/2007	926.042573	0.000000	127.517371	127.517371	0.000000	0.000000	798.525202
IIA11	40431TAN1	09/24/2007	926.042572	0.000000	127.517370	127.517370	0.000000	0.000000	798.525202
IIA12	40431TAP6	09/24/2007	926.042572	4.895042	127.517370	132.412412	0.000000	0.000000	798.525202
IIA13	40431TAQ4	09/24/2007	926.042573	4.895041	127.517370	132.412411	0.000000	0.000000	798.525203
IIIA1	40431TAS0	09/24/2007	989.041016	0.000000	19.434078	19.434078	0.000000	0.000000	969.606938
IIIA2	40431TAT8	09/24/2007	989.041016	0.000000	19.434078	19.434078	0.000000	0.000000	969.606938
IIIA3	40431TAU5	09/24/2007	989.041017	0.000000	19.434077	19.434077	0.000000	0.000000	969.606940
IIIA4	40431TAV3	09/24/2007	989.041017	0.000000	19.434077	19.434077	0.000000	0.000000	969.606940
IIIA5	40431TAW1	09/24/2007	989.041016	0.000000	19.434078	19.434078	0.000000	0.000000	969.606938
IIIA6	40431TAX9	09/24/2007	989.041016	4.945205	19.434078	24.379283	0.000000	0.000000	969.606939
IIIA7	40431TAY7	09/24/2007	989.041015	4.945203	19.434078	24.379281	0.000000	0.000000	969.606937
APO	40431TBA8	09/24/2007	984.829728	0.000000	1.066413	1.066413	0.000000	0.000000	983.763315
B1	40431TBC4	09/24/2007	998.179748	5.057404	0.612731	5.670135	0.000000	0.000000	997.567017
B2	40431TBD2	09/24/2007	998.179745	5.057406	0.612732	5.670138	0.000000	0.000000	997.567013
B3	40431TBE0	09/24/2007	998.179748	5.057406	0.612733	5.670139	0.000000	0.000000	997.567016
B4	40431TBF7	08/31/2007	998.179750	5.057403	0.612732	5.670135	0.000000	0.000000	997.567017

Reports Available at www.sf.citidirect.com

Page 4 of 26

Distribution Date:

Determination Date:

09/25/2007

09/18/2007

HSI Asset Loan Obligation Trust

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)
B5	40431TBG5	08/31/2007	998.179740	5.057401	0.612732	5.670134	0.000000	0.000000	997.567008
B6	40431TBH3	08/31/2007	998.179745	5.057409	0.612732	5.670141	0.000000	0.000000	997.567013
P	40431TBK6	08/31/2007	0.000000	0.000000	0.000000	0.000000	0.000000	0.000000	0.000000
R	40431TBJ9	08/31/2007	0.000000	0.000000	0.000000	0.000000	0.000000	0.000000	0.000000
IO1	40431TAB7	09/24/2007	918.464759	0.000000	0.000000	0.000000	0.000000	0.000000	903.579475
IO2	40431TAR2	09/24/2007	919.325509	0.000000	0.000000	0.000000	0.000000	0.000000	774.699442
IO3	40431TAZ4	09/24/2007	989.469550	0.000000	0.000000	0.000000	0.000000	0.000000	970.887335
AX	40431TBB6	09/24/2007	929.555280	0.281075	0.000000	0.281075	0.000000	0.000000	877.700920

Reports Available at www.sf.citidirect.com

Page 5 of 26

Distribution Date:

Determination Date:

09/25/2007

09/18/2007

HSI Asset Loan Obligation Trust

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	188,587,889.99	6.00000%	6.00000%	30 / 360	942,939.45	0.00	0.00	0.00	942,939.45	0.00	942,939.45	0.00
IIA1	64,193,118.30	5.86500%	5.49125%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IIA2	64,193,118.30	1.13500%	1.50875%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IIA3	4,937,932.18	0.00000%	0.00000%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IIA4	64,193,118.30	5.85500%	5.48125%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IIA5	64,193,118.30	1.14500%	1.51875%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IIA6	64,193,118.30	5.87500%	5.50125%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IIA7	64,193,118.30	1.12500%	1.49875%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IIA8	4,937,932.18	14.75500%	19.61375%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IIA9	4,937,932.18	14.88500%	19.74375%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IIA10	4,937,932.18	14.62500%	19.48375%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IIA11	69,131,050.48	6.50000%	6.50000%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IIA12	66,151,502.02	6.50000%	6.50000%	30 / 360	358,320.64	0.00	0.00	8,645.18	349,675.46	0.00	349,675.46	0.00
IIA13	2,979,548.46	6.50000%	6.50000%	30 / 360	16,139.22	0.00	0.00	389.39	15,749.83	0.00	15,749.83	0.00
IIIA1	29,006,909.44	5.87500%	5.50125%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IIIA2	29,006,909.44	1.12500%	1.49875%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IIIA3	4,834,484.91	0.00000%	0.00000%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IIIA4	4,834,484.91	6.75000%	8.99250%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IIIA5	33,841,394.35	6.00000%	6.00000%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IIIA6	32,382,829.85	6.00000%	6.00000%	30 / 360	161,914.15	0.00	0.00	0.00	161,914.15	0.00	161,914.15	0.00
IIIA7	1,458,564.50	6.00000%	6.00000%	30 / 360	7,292.82	0.00	0.00	0.00	7,292.82	0.00	7,292.82	0.00
APO	1,387,203.58	0.00000%	0.00000%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
B1	6,169,392.67	6.12022%	6.51949%	30 / 360	31,465.01	0.00	0.00	207.00	31,258.01	0.00	31,258.01	0.00
B2	2,922,343.89	6.12022%	6.51949%	30 / 360	14,904.48	0.00	0.00	98.05	14,806.43	0.00	14,806.43	0.00
B3	1,623,523.39	6.12022%	6.51949%	30 / 360	8,280.26	0.00	0.00	54.47	8,225.79	0.00	8,225.79	0.00
B4	1,623,524.39	6.12022%	6.51949%	30 / 360	8,280.26	0.00	0.00	54.47	8,225.79	0.00	8,225.79	0.00
B5	1,298,819.50	6.12022%	6.51949%	30 / 360	6,624.21	0.00	0.00	43.58	6,580.63	0.00	6,580.63	0.00
B6	974,114.63	6.12022%	6.51949%	30 / 360	4,968.16	0.00	0.00	32.68	4,935.48	0.00	4,935.48	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

Reports Available at www.sf.citidirect.com

Page 6 of 26

Distribution Date:

Determination Date:

09/25/2007

09/18/2007

HSI Asset Loan Obligation Trust

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)
R	0.00	6.00000%	6.00000%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Totals	883,124,928.92				1,561,128.66	0.00	0.00	9,524.82	1,551,603.84	0.00	1,551,603.84	0.00

Notional Classes
IO1	122,033,615.84	0.32063%	0.31905%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IO2	60,488,513.94	0.50374%	0.42916%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IO3	35,451,369.08	0.28854%	0.28821%	30 / 360	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
AX	217,973,498.86	0.36622%	0.34111%	30 / 360	66,522.44	0.00	0.00	612.63	65,909.81	0.00	65,909.81	0.00
Totals	435,946,997.72				66,522.44	0.00	0.00	612.63	65,909.81	0.00	65,909.81	0.00

Reports Available at www.sf.citidirect.com

Page 7 of 26

Distribution Date:

Determination Date:

09/25/2007

09/18/2007

HSI Asset Loan Obligation Trust

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	188,587,889.99	846,945.99	1,198,694.10	0.00	0.00	0.00	186,542,249.90	0.00	61.60%	23.21%	4.50%	1.82%
IIA1	69,319,835.00	64,193,118.30	0.00	8,839,483.07	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	0.00%	0.00%
IIA2	69,319,835.00	64,193,118.30	0.00	8,839,483.07	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	0.00%	0.00%
IIA3	5,332,295.00	4,937,932.18	0.00	679,960.24	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	0.00%	0.00%
IIA4	69,319,835.00	64,193,118.30	0.00	8,839,483.07	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	0.00%	0.00%
IIA5	69,319,835.00	64,193,118.30	0.00	8,839,483.07	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	0.00%	0.00%
IIA6	69,319,835.00	64,193,118.30	0.00	8,839,483.07	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	0.00%	0.00%
IIA7	69,319,835.00	64,193,118.30	0.00	8,839,483.07	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	0.00%	0.00%
IIA8	5,332,295.00	4,937,932.18	0.00	679,960.24	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	0.00%	0.00%
IIA9	5,332,295.00	4,937,932.18	0.00	679,960.24	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	0.00%	0.00%
IIA10	5,332,295.00	4,937,932.18	0.00	679,960.24	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	0.00%	0.00%
IIA11	74,652,130.00	69,131,050.48	0.00	9,519,443.31	0.00	0.00	0.00	59,611,607.17	0.00	22.95%	7.42%	4.50%	1.82%
IIA12	71,434,623.00	66,151,502.02	233,929.81	8,875,225.47	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	0.00%	0.00%
IIA13	3,217,507.00	2,979,548.46	10,536.50	399,751.53	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	0.00%	0.00%
IIIA1	29,328,318.00	29,006,909.44	0.00	569,968.82	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	0.00%	0.00%
IIIA2	29,328,318.00	29,006,909.44	0.00	569,968.82	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	0.00%	0.00%
IIIA3	4,888,053.00	4,834,484.91	0.00	94,994.80	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	0.00%	0.00%
IIIA4	4,888,053.00	4,834,484.91	0.00	94,994.80	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	0.00%	0.00%
IIIA5	34,216,371.00	33,841,394.35	0.00	664,963.62	0.00	0.00	0.00	33,176,430.73	0.00	10.52%	4.13%	4.50%	1.82%
IIIA6	32,741,645.00	32,382,829.85	16,337.43	619,966.25	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	0.00%	0.00%
IIIA7	1,474,726.00	1,458,564.50	735.86	27,924.08	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	0.00%	0.00%
APO	1,408,572.00	1,387,203.58	1,276.98	225.14	0.00	0.00	0.00	1,385,701.46	0.00	0.43%	0.17%	4.50%	1.82%
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	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%	4.50%	0.00%

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Page 8 of 26

Distribution Date:

Determination Date:

09/25/2007

09/18/2007

HSI Asset Loan Obligation Trust

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)
B1	6,180,643.00	6,169,392.67	3,787.07	0.00	0.00	0.00	0.00	6,165,605.60	0.00	1.90%	0.77%	2.60%	1.05%
B2	2,927,673.00	2,922,343.89	1,793.88	0.00	0.00	0.00	0.00	2,920,550.01	0.00	0.90%	0.36%	1.70%	0.69%
B3	1,626,484.00	1,623,523.39	996.60	0.00	0.00	0.00	0.00	1,622,526.79	0.00	0.50%	0.20%	1.20%	0.48%
B4	1,626,485.00	1,623,524.39	996.60	0.00	0.00	0.00	0.00	1,622,527.79	0.00	0.50%	0.20%	0.70%	0.28%
B5	1,301,188.00	1,298,819.50	797.28	0.00	0.00	0.00	0.00	1,298,022.22	0.00	0.40%	0.16%	0.30%	0.12%
B6	975,891.00	974,114.63	597.96	0.00	0.00	0.00	0.00	973,516.67	0.00	0.30%	0.12%	0.00%	0.00%
Totals	939,846,375.00	883,124,928.92	1,118,731.96	78,392,860.12	0.00	0.00	0.00	295,318,738.34	0.00	100%	100%

Reports Available at www.sf.citidirect.com

Page 9 of 26

Distribution Date:

Determination Date:

09/25/2007

09/18/2007

HSI Asset Loan Obligation Trust

Mortgage Pass-Through Certificates

Series 2007-1

Reconciliation Detail


*SOURCE OF FUNDS*

Interest Funds Available
Scheduled Interest	1,694,254.51
Uncompensated PPIS	(10,137.45	)
Relief Act Interest Shortfall	0.00
Interest Adjustments	0.00
Total Interest Funds Available:			1,684,117.06
Principal Funds Available
Scheduled Principal	189,111.48
Curtailments	77,175.25
Prepayments in Full	10,997,731.80
Liquidation Proceeds	0.00
Repurchased Principal	976,500.00
Substitution Principal	0.00
Other Principal	0.00
Total Principal Funds Available:			12,240,518.53
Other Funds Available
Other Charges	0.00
Prepayment Penalties	0.00
Total Other Funds Available:			0.00
Total Funds Available			13,924,635.59


*ALLOCATION OF FUNDS*

Scheduled Fees
Insurance Fee	1,246.89
Master Servicing Fee	64,074.82
Trustee Fee	1,281.35
Total Scheduled Fees:		66,603.06
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	1,617,513.66
Principal Distribution	12,240,518.53
Total Distribution to Certificateholders:		13,858,032.19
Total Funds Allocated		13,924,635.25

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Page 10 of 26

Distribution Date:

Determination Date:

09/25/2007

09/18/2007

HSI Asset Loan Obligation Trust

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			199,454,364.20			197,400,756.15

Loan Count		388			370			366

Weighted Average Coupon Rate (WAC)		6.450797	%		6.416492	%		6.414042	%

Net Weighted Average Coupon Rate (Net WAC)		6.195797	%		6.154723	%		6.152209	%

Weighted Average Remaining Term (WART in months)		347			351			350


*AVAILABLE PRINCIPAL*

	PO Principal	Total Principal
Scheduled Principal	1,273.01	136,332.32
Curtailments	225.09	17,565.80
Prepayments in Full	0.00	1,145,209.93
Liquidation Proceeds	0.00	0.00
Repurchased Principal	0.00	754,500.00
Substitution Principal	0.00	0.00
Other Principal	0.00	0.00
TOTAL AVAILABLE PRINCIPAL	1,498.10	2,053,608.05

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	1,066,497.81

Master Servicing Fee	41,552.90
Trustee Fee	831.02
Insurance Fee	1,124.98
Uncompensated PPIS	0.00
Relief Act Interest Shortfall	0.00
Other Amounts	0.00
TOTAL AVAILABLE INTEREST	1,022,988.91

Reports Available at www.sf.citidirect.com

Page 11 of 26

Distribution Date:

Determination Date:

09/25/2007

09/18/2007

HSI Asset Loan Obligation Trust

Mortgage Pass-Through Certificates

Series 2007-1

Reports Available at www.sf.citidirect.com

Page 12 of 26

Distribution Date:

Determination Date:

09/25/2007

09/18/2007

HSI Asset Loan Obligation Trust

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			72,653,523.37			63,132,388.76

Loan Count		210			197			181

Weighted Average Coupon Rate (WAC)		7.200211	%		7.173556	%		7.100540	%

Net Weighted Average Coupon Rate (Net WAC)		6.945211	%		6.918556	%		6.845540	%

Weighted Average Remaining Term (WART in months)		357			354			353


*AVAILABLE PRINCIPAL*

	PO Principal	Total Principal
Scheduled Principal	3.97	34,893.62
Curtailments	0.05	19,641.12
Prepayments in Full	0.00	9,244,599.87
Liquidation Proceeds	0.00	0.00
Repurchased Principal	0.00	222,000.00
Substitution Principal	0.00	0.00
Other Principal	0.00	0.00
TOTAL AVAILABLE PRINCIPAL	4.02	9,521,134.61

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	434,320.14

Master Servicing Fee	15,136.18
Trustee Fee	302.65
Insurance Fee	0.00
Uncompensated PPIS	10,137.45
Relief Act Interest Shortfall	0.00
Other Amounts	0.00
TOTAL AVAILABLE INTEREST	408,743.86

Reports Available at www.sf.citidirect.com

Page 13 of 26

Distribution Date:

Determination Date:

09/25/2007

09/18/2007

HSI Asset Loan Obligation Trust

Mortgage Pass-Through Certificates

Series 2007-1

Reports Available at www.sf.citidirect.com

Page 14 of 26

Distribution Date:

Determination Date:

09/25/2007

09/18/2007

HSI Asset Loan Obligation Trust

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			35,451,369.44			34,785,593.57

Loan Count		100			100			98

Weighted Average Coupon Rate (WAC)		6.548157	%		6.547669	%		6.547408	%

Net Weighted Average Coupon Rate (Net WAC)		6.293157	%		6.288543	%		6.288206	%

Weighted Average Remaining Term (WART in months)		357			354			353


*AVAILABLE PRINCIPAL*

Scheduled Principal	34,893.62
Curtailments	39,968.33
Prepayments in Full	607,922.00
Liquidation Proceeds	0.00
Repurchased Principal	0.00
Substitution Principal	0.00
Other Principal	0.00
TOTAL AVAILABLE PRINCIPAL	682,783.95

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


*AVAILABLE INTEREST*

Scheduled Interest	193,436.56

Master Servicing Fee	7,385.74
Trustee Fee	147.68
Insurance Fee	121.91
Uncompensated PPIS	0.00
Relief Act Interest Shortfall	0.00
Other Amounts	0.00
TOTAL AVAILABLE INTEREST	185,781.23

Reports Available at www.sf.citidirect.com

Page 15 of 26

Distribution Date:

Determination Date:

09/25/2007

09/18/2007

HSI Asset Loan Obligation Trust

Mortgage Pass-Through Certificates

Series 2007-1

*Collateral Summary - Total*

*ASSET CHARACTERISTICS*

	Cut-Off			Prior			Current

Aggregate Stated Principal Balance		325,296,942.13			307,559,257.01			295,318,738.48

Loan Count		698			667			645

Weighted Average Coupon Rate (WAC)		6.641630	%		6.610450	%		6.576509	%

Net Weighted Average Coupon Rate (WAC)		6.386630	%		6.355450	%		6.316447	%

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


*AVAILABLE PRINCIPAL*

	PO Principal	Total Principal
Scheduled Principal	1,276.98	206,119.56
Curtailments	225.14	77,175.25
Prepayments in Full	0.00	10,997,731.80
Liquidation Proceeds	0.00	0.00
Repurchased Principal	0.00	976,500.00
Substitution Principal	0.00	0.00
Other Principal	0.00	0.00
TOTAL AVAILABLE PRINCIPAL	1,502.12	12,257,526.61

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	1,694,254.51

Master Servicing Fee	64,074.82
Trustee Fee	1,281.35
Insurance Fee	1,246.89
Uncompensated PPIS	10,137.45
Relief Act Interest Shortfall	0.00
Other Amounts	0.00
TOTAL AVAILABLE INTEREST	1,617,514.00

Reports Available at www.sf.citidirect.com

Page 16 of 26

Distribution Date:

Determination Date:

09/25/2007

09/18/2007

HSI Asset Loan Obligation Trust

Mortgage Pass-Through Certificates

Series 2007-1

*Delinquency Information*
*GROUP 1*

	31-60 Days			61-90 Days			91+ Days			Totals
Delinquency
Scheduled Principal Balance		1,368,068.86			0.00			0.00			1,368,068.86
Percentage of Total Pool Balance		0.6930	%		0.0000	%		0.0000	%		0.6930	%
Number of Loans		2			0			0			2
Percentage of Total Loans		0.5464	%		0.0000	%		0.0000	%		0.5464	%
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		1,368,068.86			0.00			0.00			1,368,068.86
Percentage of Total Pool Balance		0.6930	%		0.0000	%		0.0000	%		0.6930	%
Number of Loans		2			0			0			2
Percentage of Total Loans		0.5464	%		0.0000	%		0.0000	%		0.5464	%

Principal and Interest Advance Required and Received		939,290.75

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Page 17 of 26

Distribution Date:

Determination Date:

09/25/2007

09/18/2007

HSI Asset Loan Obligation Trust

Mortgage Pass-Through Certificates

Series 2007-1

*Delinquency Information*
*GROUP 2*
	Less Than 31 Days			31-60 Days			61-90 Days			91+ Days			Totals
Delinquency
Scheduled Principal Balance					1,297,492.36			0.00			270,475.49			1,567,967.85
Percentage of Total Pool Balance					2.0552	%		0.0000	%		0.4284	%		2.4836	%
Number of Loans					5			0			1			6
Percentage of Total Loans					2.7624	%		0.0000	%		0.5525	%		3.3149	%
Bankruptcy
Scheduled Principal Balance		120,642.10			0.00			0.00			0.00			120,642.10
Percentage of Total Pool Balance		0.1911	%		0.0000	%		0.0000	%		0.0000	%		0.1911	%
Number of Loans		1			0			0			0			1
Percentage of Total Loans		0.5525	%		0.0000	%		0.0000	%		0.0000	%		0.5525	%
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		120,642.10			1,297,492.36			0.00			270,475.49			1,688,609.95
Percentage of Total Pool Balance		0.1911	%		2.0552	%		0.0000	%		0.4284	%		2.6747	%
Number of Loans		1			5			0			1			7
Percentage of Total Loans		0.5525	%		2.7624	%		0.0000	%		0.5525	%		3.8674	%

Principal and Interest Advance Required and Received					395,020.26

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Page 18 of 26

Distribution Date:

Determination Date:

09/25/2007

09/18/2007

HSI Asset Loan Obligation Trust

Mortgage Pass-Through Certificates

Series 2007-1

*Delinquency Information*
*GROUP 3*

	31-60 Days			61-90 Days			91+ Days			Totals
Delinquency
Scheduled Principal Balance		879,137.65			0.00			0.00			879,137.65
Percentage of Total Pool Balance		2.5273	%		0.0000	%		0.0000	%		2.5273	%
Number of Loans		2			0			0			2
Percentage of Total Loans		2.0408	%		0.0000	%		0.0000	%		2.0408	%
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		879,137.65			0.00			0.00			879,137.65
Percentage of Total Pool Balance		2.5273	%		0.0000	%		0.0000	%		2.5273	%
Number of Loans		2			0			0			2
Percentage of Total Loans		2.0408	%		0.0000	%		0.0000	%		2.0408	%

Principal and Interest Advance Required and Received		170,657.69

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Page 19 of 26

Distribution Date:

Determination Date:

09/25/2007

09/18/2007

HSI Asset Loan Obligation Trust

Mortgage Pass-Through Certificates

Series 2007-1

*Delinquency Information*
*GROUP TOTALS*
	Less Than 31 Days			31-60 Days			61-90 Days			91+ Days			Totals
Delinquency
Scheduled Principal Balance					3,544,698.87			0.00			270,475.49			3,815,174.36
Percentage of Total Pool Balance					1.2003	%		0.0000	%		0.0916	%		1.2919	%
Number of Loans					9			0			1			10
Percentage of Total Loans					1.3953	%		0.0000	%		0.1550	%		1.5504	%
Bankruptcy
Scheduled Principal Balance		120,642.10			0.00			0.00			0.00			120,642.10
Percentage of Total Pool Balance		0.0409	%		0.0000	%		0.0000	%		0.0000	%		0.0409	%
Number of Loans		1			0			0			0			1
Percentage of Total Loans		0.1550	%		0.0000	%		0.0000	%		0.0000	%		0.1550	%
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		120,642.10			3,544,698.87			0.00			270,475.49			3,935,816.46
Percentage of Total Pool Balance		0.0409	%		1.2003	%		0.0000	%		0.0916	%		1.3327	%
Number of Loans		1			9			0			1			11
Percentage of Total Loans		0.1550	%		1.3953	%		0.0000	%		0.1550	%		1.7054	%

Principal and Interest Advance Required and Received					1,504,968.70

Reports Available at www.sf.citidirect.com

Page 20 of 26

Distribution Date:

Determination Date:

09/25/2007

09/18/2007

HSI Asset Loan Obligation Trust

Mortgage Pass-Through Certificates

Series 2007-1

*Historical Delinquency Information*
Distribution	1 Month		2 Month		3 + Month		Bankruptcy		Foreclosure		REO		Total
Date													( 2+, BK, FC & REO )
	Balance	Cnt	Balance	Cnt	Balance	Cnt	Balance	Cnt	Balance	Cnt	Balance	Cnt	Balance	Cnt
09/25/2007	3,544,698.87	9	0.00	0	270,475.49	1	120,642.10	1	0.00	0	0.00	0	391,117.59	2
	1.200%	1.4%	0.000%	0.0%	0.092%	0.2%	0.041%	0.2%	0.000%	0.0%	0.000%	0.0%	0.132%	0.3%
08/27/2007	2,433,797.02	7	662,216.25	2	0.00	0	120,740.54	1	0.00	0	0.00	0	782,956.79	3
	0.791%	1.0%	0.215%	0.3%	0.000%	0.0%	0.039%	0.1%	0.000%	0.0%	0.000%	0.0%	0.255%	0.4%
07/25/2007	3,799,868.29	12	0.00	0	0.00	0	120,838.38	1	0.00	0	0.00	0	120,838.38	1
	1.222%	1.8%	0.000%	0.0%	0.000%	0.0%	0.039%	0.1%	0.000%	0.0%	0.000%	0.0%	0.039%	0.1%
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 21 of 26

Distribution Date:

Determination Date:

09/25/2007

09/18/2007

HSI Asset Loan Obligation Trust

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
09/25/2007	0.00	295,318,738.48	189,111.48	12,051,407.05	0.00	3.921%	38.120%	0%	0.000%	0.000%	0%
08/27/2007	0.00	307,559,257.01	188,858.32	3,207,957.92	0.00	1.032%	11.708%	0%	0.000%	0.000%	0%
07/25/2007	0.00	310,956,073.25	194,765.44	7,134,551.43	0.00	2.243%	23.831%	0%	0.000%	0.000%	0%
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%))

Reports Available at www.sf.citidirect.com

Page 22 of 26

Distribution Date:

Determination Date:

09/25/2007

09/18/2007

HSI Asset Loan Obligation Trust

Mortgage Pass-Through Certificates

Series 2007-1

*Waterfall Detail*
*DISTRIBUTIONS*	Amount Distributed			Remaining Available Funds

Loan Group 1 Available Funds					3,076,596.96
Loan Group 1 Certificates, the Accrued Certificate Interest		(975,545.55	)		2,101,051.41
Loan Group 1 Certificates, unpaid Accrued Certificate Interest from prior distributions		0.00			2,101,051.41

Loan Group 1 Remaining Available Funds, Distributions of Principal to the Senior Certificiates					2,101,051.41
Loan Group 1, Class PO Principal Distribution Amount		(1,498.10	)		2,099,553.31
Class R, the Senior Principal Distribution Amount		0.00			2,099,553.31
Class I-A-1, the Senior Principal Distribution Amount		(2,045,640.09	)		53,913.22

Loan Group 2 Available Funds					9,929,878.47
Loan Group 2 Certificates, the Accrued Certificate Interest		(2,095,584.02	)		7,834,294.45
Loan Group 2 Certificates, unpaid Accrued Certificate Interest from prior distributions		0.00			7,834,294.45

Loan Group 2 Remaining Available Funds, Distributions of Principal to the Senior Certificiates					9,539,673.83
Loan Group 2, Class PO Principal Distribution Amount		(4.02	)		9,539,669.81
Class II-A-11 Certificates, the Senior Principal Distribution Amount		0.00			9,539,669.81

Loan Group 3 Available Funds					851,557.10
Loan Group 3 Certificates, the Accrued Certificate Interest		(177,731.33	)		673,825.77
Loan Group 3 Certificates, unpaid Accrued Certificate Interest from prior distributions		0.00			673,825.77

Loan Group 3 Remaining Available Funds, Distributions of Principal to the Senior Certificiates					673,825.77
Class III-A-5 Certificates, the Senior Principal Distribution Amount		0.00			673,825.77

Reports Available at www.sf.citidirect.com

Page 23 of 26

Distribution Date:

Determination Date:

09/25/2007

09/18/2007

HSI Asset Loan Obligation Trust

Mortgage Pass-Through Certificates

Series 2007-1



Remaining Available Funds			83,001.86
Class B1, Current and Prior Unpaid Accrued Certificate Interest	(31,258.01	)	51,743.85
Class B1, the Subordinate Principal Distribution Amount	(3,787.07	)	47,956.78
Class B2, Current and Prior Unpaid Accrued Certificate Interest	(14,806.43	)	33,150.35
Class B2, the Subordinate Principal Distribution Amount	(1,793.88	)	31,356.47
Class B3, Current and Prior Unpaid Accrued Certificate Interest	(8,225.79	)	23,130.68
Class B3, the Subordinate Principal Distribution Amount	(996.60	)	22,134.08
Class B4, Current and Prior Unpaid Accrued Certificate Interest	(8,225.79	)	13,908.29
Class B4, the Subordinate Principal Distribution Amount	(996.60	)	12,911.69
Class B5, Current and Prior Unpaid Accrued Certificate Interest	(6,580.63	)	6,331.06
Class B5, the Subordinate Principal Distribution Amount	(797.28	)	5,533.78
Class B6, Current and Prior Unpaid Accrued Certificate Interest	(4,935.48	)	598.30
Class B6, the Subordinate Principal Distribution Amount	(597.96	)	0.34

Class R, the Remaining Available Funds	0.00		0.34

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 24 of 26

Distribution Date:

Determination Date:

09/25/2007

09/18/2007

HSI Asset Loan Obligation Trust

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	5.505000	%
Next Libor	5.131250	%

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 25 of 26

Distribution Date:

Determination Date:

09/25/2007

09/18/2007

HSI Asset Loan Obligation Trust

Mortgage Pass-Through Certificates

Series 2007-1

CERTIFICATE EXCHANGE INFORMATION:

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

Combination Group VII

From:Cusip 40431TBB6 (Class II-A-11) - $69,131,050.48

To:Cusip 40431TAC5 (Class II-A1) - $64,193,118.30

To:Cusip 40431TAD3 (Class II-A2) - $64,193,118.30

To:Cusip 40431TAE1 (Class II-A3) - $ 4,937,932.18

Combination Group XI

From:Cusip 40431TAC5 (Class II-A1) - $64,193,118.30

From:Cusip 40431TAD3 (Class II-A2) - $64,193,118.30

From:Cusip 40431TAE1 (Class II-A3) - $ 4,937,932.18

To:Cusip 40431TAP6 (Class II-A-12) - $66,151,502.02

To:Cusip 40431TAQ4 (Class II-A-13) - $ 2,979,548.46

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

Combination Group IX

From:Cusip 40431TAW1 (Class III-A-5) - $33,841,394.35

To:Cusip 40431TAS0 (Class III-A1) - $29,006,909.44

To:Cusip 40431TAT8 (Class III-A2) - $29,006,909.44

To:Cusip 40431TAU5 (Class III-A3) - $ 4,834,484.91

Combination Group X

From:Cusip 40431TAS0 (Class III-A1) - $29,006,909.44

From:Cusip 40431TAT8 (Class III-A2) - $29,006,909.44

From:Cusip 40431TAU5 (Class III-A3) - $ 4,834,484.91

From:Cusip 40431TAX9 (Class III-A-6) - $32,382,829.85

From:Cusip 40431TAY7 (Class III-A-7) - $ 1,458,564.50

Reports Available at www.sf.citidirect.com

Page 26 of 26

HSI Asset Loan Obligation Trust 2007-1 10-D