Long Beach Mortgage Loan Trust 2006-WL2

Asset Backed Certificates

May 25, 2006 Distribution

External Parties

Table of Contents

Page

Seller

Long Beach Mortgage Corp.

1. Certificate Payment Report

2. Collection Account Report

Servicer(s)

3. Credit Enhancement Report

Long Beach Mortgage Corp.

4. Collateral Report

5. Delinquency Report

Underwriter(s)

6. REO Report

Lehman Brothers

7. Foreclosure Report

8. Prepayment Report

PMI Insurer

9. Prepayment Detail Report

MGIC

10. Realized Loss Report

PMI Mortgage Insurance Co.

11. Realized Loss Detail Report

Swap Counterparty

12. Triggers and Adj. Cert. Report

ABN Amro Bank N.V.

13. Additional Certificate Report

14. Other Related Information

Cap Provider

ABN Amro Bank N.V.

Total Number of Pages

Dates

Contacts

Cut-Off Date:

January 01, 2006

Hang Luu

Close Date:

January 30, 2006

Administrator

First Distribution Date:

February 27, 2006

(714) 247-6000

hang-thai.luu@db.com

Address:

Distribution Date:

May 25, 2006

1761 East St. Andrew Place, Santa Ana, CA 92705

Record Date:

April 28, 2006

Factor Information:

(800) 735-7777

May 24, 2006

Main Phone Number:

(714) 247-6000

Determination Date:

May 15, 2006

https://www.tss.db.com/invr

Page 1 of 30

Long Beach Mortgage Loan Trust 2006-WL2



Asset Backed Certificates

May 25, 2006 Distribution

Certificate Payment Report
Current Period Distribution - REMIC III
				Prior						Current
	Class		Original	Principal			Total	Realized	Deferred	Principal

Class	Type	Cur	Face Value	Balance	Interest	Principal	Distribution	Loss	Interest	Balance

				(1)	(2)	(3)	(4)=(2)+(3)	(5)	(6)	(7)=(1)-(3)-(5)+(6)

I-A	SR	$	462,263,000.00	402,871,784.32	1,732,140.52	13,700,855.71	15,432,996.23	0.00	0.00	389,170,928.61

II-A1	SR	$	609,585,000.00	434,480,371.24	1,824,593.08	29,660,414.01	31,485,007.09	0.00	0.00	404,819,957.23
II-A2	SR	$	150,280,000.00	150,280,000.00	639,864.69	0.00	639,864.69	0.00	0.00	150,280,000.00
II-A3	SR	$	228,382,000.00	228,382,000.00	981,924.60	0.00	981,924.60	0.00	0.00	228,382,000.00
II-A4	SR	$	110,056,000.00	110,056,000.00	482,355.27	0.00	482,355.27	0.00	0.00	110,056,000.00
M-1	MEZ	$	64,904,000.00	64,904,000.00	289,330.13	0.00	289,330.13	0.00	0.00	64,904,000.00
M-2	MEZ	$	56,314,000.00	56,314,000.00	251,976.05	0.00	251,976.05	0.00	0.00	56,314,000.00
M-3	MEZ	$	33,407,000.00	33,407,000.00	150,314.24	0.00	150,314.24	0.00	0.00	33,407,000.00
M-4	MEZ	$	31,498,000.00	31,498,000.00	144,612.04	0.00	144,612.04	0.00	0.00	31,498,000.00
M-5	MEZ	$	28,634,000.00	28,634,000.00	132,178.84	0.00	132,178.84	0.00	0.00	28,634,000.00
M-6	MEZ	$	26,725,000.00	26,725,000.00	125,593.69	0.00	125,593.69	0.00	0.00	26,725,000.00
M-7	MEZ	$	24,816,000.00	24,816,000.00	128,409.98	0.00	128,409.98	0.00	0.00	24,816,000.00
M-8	MEZ	$	14,317,000.00	14,317,000.00	77,065.79	0.00	77,065.79	0.00	0.00	14,317,000.00
M-9	MEZ	$	15,272,000.00	15,272,000.00	94,933.05	0.00	94,933.05	0.00	0.00	15,272,000.00
B-1	NOF/SUB	$	19,090,000.00	19,090,000.00	118,666.30	0.00	118,666.30	0.00	0.00	19,090,000.00
B-2	NOF/SUB	$	19,090,000.00	19,090,000.00	118,666.30	0.00	118,666.30	0.00	0.00	19,090,000.00
B-3	NOF/SUB	$	4,772,000.00	4,772,000.00	29,663.47	0.00	29,663.47	0.00	0.00	4,772,000.00
C	NOF	$	9,545,660.04	9,544,753.80	2,578,410.36	0.00	2,578,410.36	0.00	0.00	9,544,753.80
P	NOF	$	100.00	100.00	457,208.88	0.00	457,208.88	0.00	0.00	100.00
R	NOF/RES	$	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
R-3	NOF/RES	$	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00


Total			1,908,950,760.04	1,674,454,009.36	10,357,907.28	43,361,269.72	53,719,177.00	0.00	0.00	1,631,092,739.64






Page 2 of 30

Long Beach Mortgage Loan Trust 2006-WL2



Asset Backed Certificates

May 25, 2006 Distribution


Interest Accrual Detail Current Period Factor Information per $1,000 of Original Face-
					Orig. Principal	Prior				Current

	Period	Period			(with Notional)	Principal			Total	Principal
Class	Starting	Ending	Method	Cusip	Balance	Balance	Interest	Principal	Distribution	Balance

					(1)	(1)	(2)	(3)	(4)=(2)+(3)	(5)

I-A	04/25/06	05/24/06	A-Act/360	542514RZ9	462,263,000.00	871.520724	3.747089	29.638660	33.385748	841.882064

II-A1	04/25/06	05/24/06	A-Act/360	542514SA3	609,585,000.00	712.747806	2.993173	48.656732	51.649905	664.091074
II-A2	04/25/06	05/24/06	A-Act/360	542514SB1	150,280,000.00	1,000.000000	4.257817	0.000000	4.257817	1,000.000000
II-A3	04/25/06	05/24/06	A-Act/360	542514SC9	228,382,000.00	1,000.000000	4.299483	0.000000	4.299483	1,000.000000
II-A4	04/25/06	05/24/06	A-Act/360	542514SD7	110,056,000.00	1,000.000000	4.382817	0.000000	4.382817	1,000.000000
M-1	04/25/06	05/24/06	A-Act/360	542514SE5	64,904,000.00	1,000.000000	4.457817	0.000000	4.457817	1,000.000000
M-2	04/25/06	05/24/06	A-Act/360	542514SF2	56,314,000.00	1,000.000000	4.474483	0.000000	4.474483	1,000.000000
M-3	04/25/06	05/24/06	A-Act/360	542514SG0	33,407,000.00	1,000.000000	4.499483	0.000000	4.499483	1,000.000000
M-4	04/25/06	05/24/06	A-Act/360	542514SH8	31,498,000.00	1,000.000000	4.591150	0.000000	4.591150	1,000.000000
M-5	04/25/06	05/24/06	A-Act/360	542514SJ4	28,634,000.00	1,000.000000	4.616150	0.000000	4.616150	1,000.000000
M-6	04/25/06	05/24/06	A-Act/360	542514SK1	26,725,000.00	1,000.000000	4.699483	0.000000	4.699483	1,000.000000
M-7	04/25/06	05/24/06	A-Act/360	542514SL9	24,816,000.00	1,000.000000	5.174483	0.000000	5.174483	1,000.000000
M-8	04/25/06	05/24/06	A-Act/360	542514SM7	14,317,000.00	1,000.000000	5.382817	0.000000	5.382817	1,000.000000
M-9	04/25/06	05/24/06	A-Act/360	542514SN5	15,272,000.00	1,000.000000	6.216150	0.000000	6.216150	1,000.000000
B-1	04/25/06	05/24/06	A-Act/360	542514SP0	19,090,000.00	1,000.000000	6.216150	0.000000	6.216150	1,000.000000
B-2	04/25/06	05/24/06	A-Act/360	542514SQ8	19,090,000.00	1,000.000000	6.216150	0.000000	6.216150	1,000.000000
B-3	04/25/06	05/24/06	A-Act/360	542514SR6	4,772,000.00	1,000.000000	6.216150	0.000000	6.216150	1,000.000000
C	04/01/06	04/30/06	F-30/360		9,545,660.04	999.905063	270.113366	0.000000	270.113366	999.905063
P	04/01/06	04/30/06	F-30/360		100.00	1,000.000000	4,572,088.800000	0.000000	4,572,088.800000	1,000.000000
R	04/01/06	04/30/06	F-30/360		0.00	0.000000	0.000000	0.000000	0.000000	0.000000
R-3	04/01/06	04/30/06	F-30/360		0.00	0.000000	0.000000	0.000000	0.000000	0.000000




Page 3 of 30

Long Beach Mortgage Loan Trust 2006-WL2



Asset Backed Certificates

May 25, 2006 Distribution


Distribution to Date - REMIC III
									Current


	Original		Unscheduled	Scheduled	Total	Total	Realized	Deferred	Principal

Class	Face Value	Interest	Principal	Principal	Principal	Distribution	Loss	Interest	Balance
	(1)	(2)	(3)	(4)	(5)=(3)+(4)	(6)=(2)+(5)	(7)	(8)	(9)=(1)-(5)-(7)+(8)
I-A	462,263,000.00	6,819,063.54	72,174,197.79	917,873.60	73,092,071.39	79,911,134.93	0.00	0.00	389,170,928.61
II-A1	609,585,000.00	7,986,139.27	202,224,043.19	2,540,999.58	204,765,042.77	212,751,182.04	0.00	0.00	404,819,957.23
II-A2	150,280,000.00	2,344,763.78	0.00	0.00	0.00	2,344,763.78	0.00	0.00	150,280,000.00
II-A3	228,382,000.00	3,599,838.35	0.00	0.00	0.00	3,599,838.35	0.00	0.00	228,382,000.00
II-A4	110,056,000.00	1,769,898.61	0.00	0.00	0.00	1,769,898.61	0.00	0.00	110,056,000.00
M-1	64,904,000.00	1,062,433.06	0.00	0.00	0.00	1,062,433.06	0.00	0.00	64,904,000.00
M-2	56,314,000.00	925,418.61	0.00	0.00	0.00	925,418.61	0.00	0.00	56,314,000.00
M-3	33,407,000.00	552,185.05	0.00	0.00	0.00	552,185.05	0.00	0.00	33,407,000.00
M-4	31,498,000.00	531,699.19	0.00	0.00	0.00	531,699.19	0.00	0.00	31,498,000.00
M-5	28,634,000.00	486,097.80	0.00	0.00	0.00	486,097.80	0.00	0.00	28,634,000.00
M-6	26,725,000.00	462,227.29	0.00	0.00	0.00	462,227.29	0.00	0.00	26,725,000.00
M-7	24,816,000.00	474,395.62	0.00	0.00	0.00	474,395.62	0.00	0.00	24,816,000.00
M-8	14,317,000.00	285,124.97	0.00	0.00	0.00	285,124.97	0.00	0.00	14,317,000.00
M-9	15,272,000.00	352,929.49	0.00	0.00	0.00	352,929.49	0.00	0.00	15,272,000.00
B-1	19,090,000.00	441,161.84	0.00	0.00	0.00	441,161.84	0.00	0.00	19,090,000.00
B-2	19,090,000.00	441,161.84	0.00	0.00	0.00	441,161.84	0.00	0.00	19,090,000.00
B-3	4,772,000.00	110,278.91	0.00	0.00	0.00	110,278.91	0.00	0.00	4,772,000.00
C	9,545,660.04	13,267,957.82	882.59	23.65	906.24	13,268,864.06	0.00	0.00	9,544,753.80
P	100.00	1,491,795.83	0.00	0.00	0.00	1,491,795.83	0.00	0.00	100.00
R	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
R-3	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Total	1,908,950,760.04	43,404,570.87	274,399,123.57	3,458,896.83	277,858,020.40	321,262,591.27	0.00	0.00	1,631,092,739.64


Interest Detail - REMIC III
	Pass	Prior Principal		Non-	Prior	Unscheduled		Paid or	Current


	Through	(with Notional)	Accrued	Supported	Unpaid	Interest	Optimal	Deferred	Unpaid

Class	Rate	Balance	Interest	Interest SF	Interest	Adjustment	Interest	Interest	Interest
			(1)	(2)	(3)	(4)	(5)=(1)-(2)+(3)+(4)	(6)	(7)=(5)-(6)
I-A	5.15938%	402,871,784.32	1,732,140.52	0.00	0.00	0.00	1,732,140.52	1,732,140.52	0.00
II-A1	5.03938%	434,480,371.24	1,824,593.08	0.00	0.00	0.00	1,824,593.08	1,824,593.08	0.00
II-A2	5.10938%	150,280,000.00	639,864.69	0.00	0.00	0.00	639,864.69	639,864.69	0.00
II-A3	5.15938%	228,382,000.00	981,924.60	0.00	0.00	0.00	981,924.60	981,924.60	0.00
II-A4	5.25938%	110,056,000.00	482,355.27	0.00	0.00	0.00	482,355.27	482,355.27	0.00
M-1	5.34938%	64,904,000.00	289,330.13	0.00	0.00	0.00	289,330.13	289,330.13	0.00
M-2	5.36938%	56,314,000.00	251,976.05	0.00	0.00	0.00	251,976.05	251,976.05	0.00
M-3	5.39938%	33,407,000.00	150,314.24	0.00	0.00	0.00	150,314.24	150,314.24	0.00
M-4	5.50938%	31,498,000.00	144,612.04	0.00	0.00	0.00	144,612.04	144,612.04	0.00
M-5	5.53938%	28,634,000.00	132,178.84	0.00	0.00	0.00	132,178.84	132,178.84	0.00
M-6	5.63938%	26,725,000.00	125,593.69	0.00	0.00	0.00	125,593.69	125,593.69	0.00
M-7	6.20938%	24,816,000.00	128,409.98	0.00	0.00	0.00	128,409.98	128,409.98	0.00
M-8	6.45938%	14,317,000.00	77,065.79	0.00	0.00	0.00	77,065.79	77,065.79	0.00
M-9	7.09457%	15,272,000.00	90,290.26	0.00	0.00	0.00	90,290.26	94,933.05	0.00
B-1	7.09457%	19,090,000.00	112,862.82	0.00	0.00	0.00	112,862.82	118,666.30	0.00
B-2	7.09457%	19,090,000.00	112,862.82	0.00	0.00	0.00	112,862.82	118,666.30	0.00
B-3	7.09457%	4,772,000.00	28,212.75	0.00	0.00	0.00	28,212.75	29,663.47	0.00
C	324.16681%	9,544,753.80	0.00	90.24	0.00	0.00	-90.24	2,578,410.36	0.00
P	0.00000%	100.00	0.00	0.00	0.00	0.00	0.00	457,208.88	0.00
R	0.00000%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
R-3	0.00000%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00


Total		1,674,454,009.36	7,304,587.57	90.24	0.00	0.00	7,304,497.33	10,357,907.28	0.00



Page 4 of 30

Long Beach Mortgage Loan Trust 2006-WL2



Asset Backed Certificates
Asset Backed Certificates
May 25, 2006 Distribution

Collection Account Report
SUMMARY

	Group 2	Group 1	Total
Principal Collections	29,660,414.01	13,700,855.71	43,361,269.72
Principal Withdrawals	0.00	0.00	0.00
Principal Other Accounts	0.00	0.00	0.00
TOTAL NET PRINCIPAL	29,660,414.01	13,700,855.71	43,361,269.72
Interest Collections	7,396,264.52	3,280,921.53	10,677,186.04
Interest Withdrawals	-0.00	-0.00	-0.00
Interest Fees	-649,180.27	-299,442.00	-948,622.26
Interest Other Accounts	448,417.29	180,926.21	629,343.50
TOTAL NET INTEREST	7,195,501.54	3,162,405.74	10,357,907.28
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION	36,855,915.55	16,863,261.45	53,719,177.00




PRINCIPAL - COLLECTIONS

	Group 2	Group 1	Total
Scheduled Principal Received	575,431.65	252,646.01	828,077.66
Curtailments	28,659.67	23,588.03	52,247.70
Prepayments In Full	24,997,587.36	11,315,189.86	36,312,777.22
Repurchased/Substitutions	4,058,735.33	2,109,431.81	6,168,167.14
Liquidations	0.00	0.00	0.00
Insurance Principal	0.00	0.00	0.00
Other Additional Principal	0.00	0.00	0.00
Delinquent Principal	-175,975.23	-74,189.94	-250,165.17
Realized Losses	-0.00	-0.00	-0.00
Advanced Principal	175,975.23	74,189.94	250,165.17
TOTAL PRINCIPAL COLLECTED	29,660,414.01	13,700,855.71	43,361,269.72




PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK




PRINCIPAL - OTHER ACCOUNTS

	Group 2	Group 1	Total
TOTAL PRINCIPAL OTHER ACCOUNTS	0.00	0.00	0.00






Page 5 of 30

Long Beach Mortgage Loan Trust 2006-WL2



Asset Backed Certificates
Asset Backed Certificates
May 25, 2006 Distribution


INTEREST - COLLECTIONS

	Group 2	Group 1	Total
Scheduled Interest	7,514,322.20	3,325,589.61	10,839,911.81
Repurchased/Substitution Interest	27,962.60	15,206.38	43,168.98
Liquidation Interest	0.00	0.00	0.00
Insurance Interest	0.00	0.00	0.00
Other Additional Interest	0.00	0.00	0.00
Prepayment Interest Shortfalls	-29,087.63	-11,189.11	-40,276.74
Delinquent Interest	-2,321,834.37	-975,458.39	-3,297,292.76
Compensating Interest	29,087.62	11,189.12	40,276.74
Civil Relief Act Shortfalls	-0.00	-90.24	-90.24
Interest Realized Loss	0.00	0.00	0.00
Interest Advanced	2,175,814.09	915,674.16	3,091,488.25
TOTAL INTEREST COLLECTED	7,396,264.52	3,280,921.53	10,677,186.04




INTEREST - WITHDRAWALS

	Group 2	Group 1	Total
Non Recoverable Advances	0.00	0.00	0.00
Extraordinary Trust Fund Expenses	0.00	0.00	0.00
TOTAL INTEREST WITHDRAWALS	0.00	0.00	0.00




INTEREST - OTHER ACCOUNTS

	Group 2	Group 1	Total
Prepayment Charges	328,243.78	128,965.10	457,208.88

Net Swap Payment	120,173.51	51,961.11	172,134.62
. a) Swap Payment	4,872,171.07	2,106,649.13	(6,978,820.20)
. b) Counterparty Payment			7,150,954.82

Cap Receipt			0.00

TOTAL INTEREST OTHER ACCOUNTS	448,417.29	180,926.21	629,343.50



INTEREST - FEES

	Group 2	Group 1	Total
Current Servicing Fees	340,807.32	151,077.35	491,884.67
Trustee Fees	0.00	0.00	0.00
PMI Insurer Fee	308,372.94	148,364.65	456,737.60
TOTAL INTEREST FEES	649,180.27	299,442.00	948,622.26



Page 6 of 30

Long Beach Mortgage Loan Trust 2006-WL2

Asset Backed Certificates

May 25, 2006 Distribution

Credit Enhancement Report

ACCOUNTS

Final Maturity Reserve Account

Final Maturity Reserve Account

1,000.00

Reserve Fund

Beginning Balance

1,003.47

Amount Deposited

17,700.47

Amount Withdrawn

(17,700.47)

Interest Earnings

3.78

Ending Balance

1,007.25

Supplemental Interest Account

Beginning Balance

1,003.47

Amount Deposited

7,150,954.82

Amount Withdrawn

(6,978,820.20)

Releases

172,134.62

Interest Earnings

3.78

Ending Balance

1,007.25

INSURANCE

SPACE INTENTIONALLY LEFT BLANK

STRUCTURAL FEATURES

Group 2

Group 1

Total

Overcollateralized Amount - Prior Period

9,544,753.80

Current Period Principal Realized Losses

0.00

Overcollateralized Amount - After Current

9,544,753.80

Net Monthly Excess Cashflow

2,596,110.83

Extra Principal Distribution Amount

0.00

Overcollateralization Release Amount

0.00

Overcollateralized Amount - Ending

9,544,753.80

Overcollateralization Excess Amount

0.00

Overcollateralization Deficiency Amount

0.00

Overcollateralization Target Amount

9,544,753.80

Page 7 of 30

Long Beach Mortgage Loan Trust 2006-WL2



Asset Backed Certificates
Asset Backed Certificates
May 25, 2006 Distribution

Collateral Report


COLLATERAL




		Group 2		Group 1		Total



Loan Count:


Original	6,209		4,165		10,374
Prior	5,522		3,797		9,319
Prefunding	0		0		0
Scheduled Paid Offs	-0		-0		-0
Full Voluntary Prepayments	-95		-68		-163
Repurchases	-19		-15		-34
Liquidations	-0		-0		-0
Current	5,408		3,714		9,122
Principal Balance:


Original	1,343,491,589.20		565,459,170.84		1,908,950,760.04
Prior	1,168,386,249.06		506,067,760.30		1,674,454,009.36
Prefunding	0.00		0.00		0.00
Scheduled Principal	-575,431.65		-252,646.01		-828,077.66
Partial Prepayments	-28,659.67		-23,588.03		-52,247.70
Full Voluntary Prepayments	-24,997,587.36		-11,315,189.86		-36,312,777.22
Repurchases	-4,058,735.33		-2,109,431.81		-6,168,167.14
Liquidations	-0.00		-0.00		-0.00
Current	1,138,725,835.05		492,366,904.59		1,631,092,739.64





PREFUNDING

SPACE INTENTIONALLY LEFT BLANK

Page 8 of 30

Long Beach Mortgage Loan Trust 2006-WL2



Asset Backed Certificates
Asset Backed Certificates
May 25, 2006 Distribution


CHARACTERISTICS
CHARACTERISTICS

	Group 2	Group 1	Total
Weighted Average Coupon Original	7.78815%	7.94092%	7.83341%
Weighted Average Coupon Prior	7.75553%	7.92292%	7.80603%
Weighted Average Coupon Current	7.74636%	7.92178%	7.79938%
Weighted Average Months to Maturity Original	405	395	402
Weighted Average Months to Maturity Prior	404	393	400
Weighted Average Months to Maturity Current	402	392	399
Weighted Avg Remaining Amortization Term Original	405	395	402
Weighted Avg Remaining Amortization Term Prior	404	393	400
Weighted Avg Remaining Amortization Term Current	402	392	399
Weighted Average Seasoning Original	4.32	4.32	4.32
Weighted Average Seasoning Prior	6.34	6.33	6.34
Weighted Average Seasoning Current	7.33	7.31	7.32

Page 9 of 30

Long Beach Mortgage Loan Trust 2006-WL2



Asset Backed Certificates
Asset Backed Certificates
May 25, 2006 Distribution


ARM CHARACTERISTICS
ARM CHARACTERISTICS

				Group 2		Group 1		Total
	Weighted Average Margin Original			5.10479%		5.07990%		5.09733%
	Weighted Average Margin Prior			5.09635%		5.07622%		5.09019%
	Weighted Average Margin Current			5.09712%		5.07831%		5.09135%
	Weighted Average Max Rate Original			13.56281%		13.77778%		13.62721%
	Weighted Average Max Rate Prior			13.51731%		13.74942%		13.58834%
	Weighted Average Max Rate Current			13.50052%		13.74406%		13.57518%
	Weighted Average Min Rate Original			7.56246%		7.77763%		7.62692%
	Weighted Average Min Rate Prior			7.51693%		7.74925%		7.58803%
	Weighted Average Min Rate Current			7.50013%		7.74390%		7.57486%
	Weighted Average Cap Up Original			1.00000%		1.00000%		1.00000%
	Weighted Average Cap Up Prior			1.00000%		1.00000%		1.00000%
	Weighted Average Cap Up Current			1.00000%		1.00000%		1.00000%
	Weighted Average Cap Down Original			1.00000%		1.00000%		1.00000%
	Weighted Average Cap Down Prior			1.00000%		1.00000%		1.00000%
	Weighted Average Cap Down Current			1.00000%		1.00000%		1.00000%




SERVICING FEES & ADVANCES
SERVICING FEES & ADVANCES

				Group 2		Group 1		Total




Current Servicing Fees			340,807.32		151,077.35		491,884.67
Delinquent Servicing Fees			146,020.28		59,784.22		205,804.50
TOTAL SERVICING FEES			486,827.62		210,861.58		697,689.20


Total Servicing Fees			486,827.62		210,861.58		697,689.20
Compensating Interest			-29,087.62		-11,189.12		-40,276.74
Delinquent Servicing Fees			-146,020.28		-59,784.22		-205,804.50
COLLECTED SERVICING FEES			311,719.72		139,888.24		451,607.96


Total Advanced Interest			2,175,814.09		915,674.16		3,091,488.25
Total Advanced Principal			175,975.23		74,189.94		250,165.17
Aggregate Advances with respect to this Distribution			2,351,789.32		989,864.11		3,341,653.43
Unrecovered Advances			0.00		0.00		0.00
Non Recoverable Advance			0.00		0.00		0.00
Servicer Escrow Advances			0.00		0.00		0.00





ADDITIONAL COLLATERAL INFORMATION
ADDITIONAL COLLATERAL INFORMATION
					Group 2		Group 1		Total
		Prepayment Interest Shortfall (PPIS)			29,087.63		11,189.11		40,276.74
		Compensating Interest			(29,087.62)		(11,189.12)		(40,276.74)
		Net Prepayment Interest Shortfall (PPIS)			0.00		0.00		0.00


		Ending Pool Stated Principal Balance			1,138,725,835.		492,366,904.59		7.546435%





Page 10 of 30

Long Beach Mortgage Loan Trust 2006-WL2



Asset Backed Certificates

May 25, 2006 Distribution

Delinquency Report


TOTAL	< 1 PMT	1 PMT	2 PMTS	3 PMTS	4 PMTS	5+ PMTS	TOTAL

DELINQUENT Balance % Balance # Loans % # Loans
		22,943,657.96	8,385,019.80	1,344,132.71	0.00	0.00	32,672,810.47
		1.41%	0.51%	0.08%	0.00%	0.00%	2.00%
		125	48	11	0	0	184
		1.37%	0.53%	0.12%	0.00%	0.00%	2.02%
FORECLOSURE Balance % Balance # Loans % # Loans
	0.00	0.00	701,354.94	837,711.39	0.00	0.00	1,539,066.33
	0.00%	0.00%	0.04%	0.05%	0.00%	0.00%	0.09%
	0	0	2	5	0	0	7
	0.00%	0.00%	0.02%	0.05%	0.00%	0.00%	0.08%
BANKRUPTCY Balance % Balance # Loans % # Loans
	695,815.67	55,352.48	0.00	0.00	0.00	0.00	751,168.15
	0.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.05%
	5	1	0	0	0	0	6
	0.05%	0.01%	0.00%	0.00%	0.00%	0.00%	0.07%
REO Balance % Balance # Loans % # Loans
	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%	0.00%
	0	0	0	0	0	0	0
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TOTAL Balance % Balance # Loans % # Loans
	695,815.67	22,999,010.44	9,086,374.74	2,181,844.10	0.00	0.00	34,963,044.95
	0.04%	1.41%	0.56%	0.13%	0.00%	0.00%	2.14%
	5	126	50	16	0	0	197
	0.05%	1.38%	0.55%	0.18%	0.00%	0.00%	2.16%

Page 11 of 30

Long Beach Mortgage Loan Trust 2006-WL2



Asset Backed Certificates

May 25, 2006 Distribution



GROUP 1	< 1 PMT	1 PMT	2 PMTS	3 PMTS	4 PMTS	5+ PMTS	TOTAL

DELINQUENT Balance % Balance # Loans % # Loans
		4,537,302.33	4,269,216.77	662,302.33	0.00	0.00	9,468,821.43
		0.92%	0.87%	0.13%	0.00%	0.00%	1.92%
		38	27	5	0	0	70
		1.02%	0.73%	0.13%	0.00%	0.00%	1.88%
FORECLOSURE Balance % Balance # Loans % # Loans
	0.00	0.00	0.00	125,171.18	0.00	0.00	125,171.18
	0.00%	0.00%	0.00%	0.03%	0.00%	0.00%	0.03%
	0	0	0	1	0	0	1
	0.00%	0.00%	0.00%	0.03%	0.00%	0.00%	0.03%
BANKRUPTCY Balance % Balance # Loans % # Loans
	544,188.94	55,352.48	0.00	0.00	0.00	0.00	599,541.42
	0.11%	0.01%	0.00%	0.00%	0.00%	0.00%	0.12%
	4	1	0	0	0	0	5
	0.11%	0.03%	0.00%	0.00%	0.00%	0.00%	0.13%
REO Balance % Balance # Loans % # Loans
	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%	0.00%
	0	0	0	0	0	0	0
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TOTAL Balance % Balance # Loans % # Loans
	544,188.94	4,592,654.81	4,269,216.77	787,473.51	0.00	0.00	10,193,534.03
	0.11%	0.93%	0.87%	0.16%	0.00%	0.00%	2.07%
	4	39	27	6	0	0	76
	0.11%	1.05%	0.73%	0.16%	0.00%	0.00%	2.05%

Page 12 of 30

Long Beach Mortgage Loan Trust 2006-WL2



Asset Backed Certificates

May 25, 2006 Distribution



GROUP 2	< 1 PMT	1 PMT	2 PMTS	3 PMTS	4 PMTS	5+ PMTS	TOTAL

DELINQUENT Balance % Balance # Loans % # Loans
		18,406,355.63	4,115,803.03	681,830.38	0.00	0.00	23,203,989.04
		1.62%	0.36%	0.06%	0.00%	0.00%	2.04%
		87	21	6	0	0	114
		1.61%	0.39%	0.11%	0.00%	0.00%	2.11%
FORECLOSURE Balance % Balance # Loans % # Loans
	0.00	0.00	701,354.94	712,540.21	0.00	0.00	1,413,895.15
	0.00%	0.00%	0.06%	0.06%	0.00%	0.00%	0.12%
	0	0	2	4	0	0	6
	0.00%	0.00%	0.04%	0.07%	0.00%	0.00%	0.11%
BANKRUPTCY Balance % Balance # Loans % # Loans
	151,626.73	0.00	0.00	0.00	0.00	0.00	151,626.73
	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%
	1	0	0	0	0	0	1
	0.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.02%
REO Balance % Balance # Loans % # Loans
	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%	0.00%
	0	0	0	0	0	0	0
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TOTAL Balance % Balance # Loans % # Loans
	151,626.73	18,406,355.63	4,817,157.97	1,394,370.59	0.00	0.00	24,769,510.92
	0.01%	1.62%	0.42%	0.12%	0.00%	0.00%	2.18%
	1	87	23	10	0	0	121
	0.02%	1.61%	0.43%	0.18%	0.00%	0.00%	2.24%

Page 13 of 30

Long Beach Mortgage Loan Trust 2006-WL2

Asset Backed Certificates

May 25, 2006 Distribution

REO Report

Loan Number

Original

Stated

Current

State &

First

Principal

Paid to

Note

LTV at

Original

Payment

Loan Group

Balance

Date

Rate

Origination

Term

Date

Page 14 of 30

Long Beach Mortgage Loan Trust 2006-WL2

Asset Backed Certificates

May 25, 2006 Distribution

Foreclosure Report

Loan Number

Original

Stated

Current

State &

First

Principal

Paid to

Note

LTV at

Original

Payment

Loan Group

Balance

Date

Rate

Origination

Term

Date

Became Foreclosure Property this Period:

695560375 2

141,100.00

140,387.75

01-Dec-2005

9.550%

CO - 85.00%

360

01-Aug-2005

695573642 2

324,000.00

321,957.85

01-Dec-2005

8.950%

NJ - 90.00%

360

01-Jul-2005

695594747 2

170,100.00

168,895.61

01-Dec-2005

8.375%

MN - 90.00%

360

01-Jul-2005

695766725 1

126,000.00

125,171.18

01-Dec-2005

8.250%

TN - 90.00%

360

01-Aug-2005

695768168 2

81,900.00

81,299.00

01-Dec-2005

7.700%

OH - 90.00%

360

01-Aug-2005

696616234 2

400,000.00

398,344.96

01-Jan-2006

8.725%

MD - 80.00%

360

01-Nov-2005

696663905 2

304,000.00

303,009.98

01-Jan-2006

6.100%

IL - 80.00%

480

01-Dec-2005

TOTAL

1,547,100.00

1,539,066.33

Page 15 of 30

Long Beach Mortgage Loan Trust 2006-WL2



Asset Backed Certificates
Asset Backed Certificates
May 25, 2006 Distribution

Prepayment Report

VOLUNTARY PREPAYMENTS



		Group 2		Group 1		Total


Current


Number of Paid in Full Loans	95		68		163
Number of Repurchased Loans	19		15		34
Total Number of Loans Prepaid in Full	114		83		197
Curtailments Amount	28,659.67		23,588.03		52,247.70
Paid in Full Balance	24,997,587.36		11,315,189.86		36,312,777.22
Repurchased Loans Balance	4,058,735.33		2,109,431.81		6,168,167.14
Total Prepayment Amount	29,084,982.36		13,448,209.70		42,533,192.06
Cumulative


Number of Paid in Full Loans	379		200		579
Number of Repurchased Loans	422		251		673
Total Number of Loans Prepaid in Full	801		451		1,252
Paid in Full Balance	102,636,788.74		37,401,956.85		140,038,745.59
Repurchased Loans Balance	99,492,817.66		34,534,761.31		134,027,578.97
Curtailments Amount	232,257.53		100,541.48		332,799.01
Total Prepayment Amount	202,361,863.93		72,037,259.64		274,399,123.57

Page 16 of 30

Long Beach Mortgage Loan Trust 2006-WL2



Asset Backed Certificates
Asset Backed Certificates
May 25, 2006 Distribution


VOLUNTARY PREPAYMENTS RATES



		Group 2		Group 1		Total





SMM	2.49%		2.66%		2.54%
3 Months Avg SMM	4.65%		4.03%		4.47%
12 Months Avg SMM	4.00%		3.35%		3.81%
Avg SMM Since Cut-off	4.00%		3.35%		3.81%



CPR	26.11%		27.63%		26.58%
3 Months Avg CPR	43.54%		38.94%		42.20%
12 Months Avg CPR	38.76%		33.59%		37.26%
Avg CPR Since Cut-off	38.76%		33.59%		37.26%



PSA	1,782.50%		1,889.76%		1,815.08%
3 Months Avg PSA Approximation	3,435.31%		3,078.22%		3,331.39%
12 Months Avg PSA Approximation	3,321.66%		2,884.37%		3,194.82%
Avg PSA Since Cut-off Approximation	3,321.66%		2,884.37%		3,194.83%

Page 17 of 30

Long Beach Mortgage Loan Trust 2006-WL2

Asset Backed Certificates

May 25, 2006 Distribution

PREPAYMENT CALCULATION METHODOLOGY

Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases + Liquidation Balance)/(Beg Principal Balance - Sched Principal)

Conditional Prepayment Rate (CPR): 1-((1-SMM)^12)

PSA Standard Prepayment Model: CPR/(0.02*min(30,WAS))

Average SMM over period between nth month and mth month (AvgSMMn,m): [(1-SMMn)*(1-SMMn+1)*...*(1-SMMm)]^(1/months in period n,m)

Average CPR over period between the nth month and mth month (AvgCPRn,m): 1-((1-AvgSMMn,m)^12)

Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.02*Avg WASn,m))

Average WASn,m: (min(30,WASn)+min(30,WASn+1)+...+min(30,WASm)/(number of months in the period n,m)

Weighted Average Seasoning (WAS)

Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments and repurchases.

Dates correspond to distribution dates.

Page 18 of 30

Long Beach Mortgage Loan Trust 2006-WL2



Asset Backed Certificates

May 25, 2006 Distribution

Prepayment Detail Report

Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution


Loan Number		Original			Current	State &		Type Prepayment		First

&	Loan	Principal	Prepayment	Prepayment		Note	LTV at		&		Payment
Loan Group	Status	Balance	Amount	Date		Rate	Origination		Original Term		Date

666544820 2		95,000.00	94,243.53	17-Apr-2006		9.400%		MO - 100.00%		Paid Off - 360		01-Feb-2005

666827340 2		200,000.00	198,316.44	10-Apr-2006		8.800%		CA - 76.92%		Paid Off - 360		01-Mar-2005
667113732 2		166,860.00	165,188.37	21-Apr-2006		7.500%		NY - 90.00%		Paid Off - 360		01-Apr-2005
695174888 2		313,500.00	312,184.16	21-Apr-2006		7.100%		CA - 95.00%		Paid Off - 480		01-Jun-2005
695231803 1		277,000.00	274,926.61	04-May-2006		7.600%		IL - 89.35%		Paid Off - 360		01-Jul-2005
695287672 2		485,100.00	484,912.56	17-Apr-2006		7.900%		GA - 90.00%		Paid Off - 360		01-Jun-2005
695295022 1		121,500.00	121,500.00	02-May-2006		8.550%		MD - 90.00%		Paid Off - 360		01-Jun-2005
695328674 2		270,000.00	268,171.24	17-Apr-2006		7.200%		CA - 90.00%		Paid Off - 480		01-Jul-2005
695329169 1		148,500.00	147,939.58	04-May-2006		8.300%		OR - 90.00%		Paid Off - 480		01-Jul-2005
695333096 2		306,000.00	305,109.54	09-May-2006		8.050%		CA - 90.00%		Paid Off - 480		01-Jul-2005
695365239 2		729,000.00	726,686.81	17-Apr-2006		7.750%		CA - 89.45%		Paid Off - 480		01-Jul-2005
695385682 2		531,000.00	528,155.44	08-May-2006		7.100%		FL - 90.00%		Paid Off - 360		01-Jun-2005
695445346 1		170,910.00	169,983.05	04-May-2006		9.200%		CT - 90.00%		Paid Off - 360		01-Jul-2005
695450510 1		99,000.00	98,778.59	04-May-2006		9.000%		FL - 90.00%		Paid Off - 480		01-Jul-2005
695463174 1		156,655.00	155,822.65	04-May-2006		9.300%		MD - 95.00%		Paid Off - 360		01-Jul-2005
695464016 2		230,000.00	229,192.73	27-Apr-2006		7.000%		WA - 86.79%		Paid Off - 480		01-Aug-2005
695489583 1		99,000.00	98,328.86	12-May-2006		8.100%		IL - 90.00%		Paid Off - 360		01-Jul-2005
695502898 1		96,300.00	96,170.02	27-Apr-2006		10.650%		TN - 100.00%		Paid Off - 480		01-Jul-2005
695508218 2		144,500.00	143,431.32	02-May-2006		7.650%		VA - 89.75%		Paid Off - 360		01-Aug-2005
695520742 1		41,374.00	41,144.50	11-May-2006		9.150%		MI - 100.00%		Paid Off - 360		01-Aug-2005
695532267 1		382,500.00	381,478.75	28-Apr-2006		8.350%		CA - 90.00%		Paid Off - 480		01-Jul-2005
695536474 2		276,200.00	274,727.37	03-May-2006		8.750%		IL - 89.97%		Paid Off - 360		01-Aug-2005
695540187 1		207,000.00	206,478.99	28-Apr-2006		9.200%		WA - 90.00%		Paid Off - 480		01-Jul-2005
695555870 1		190,000.00	188,997.25	08-May-2006		8.800%		WY - 94.06%		Paid Off - 360		01-Aug-2005
695600080 2		310,015.00	309,181.29	25-Apr-2006		8.325%		CA - 90.00%		Paid Off - 480		01-Jul-2005
695615237 2		450,000.00	449,992.41	03-May-2006		7.550%		OR - 82.57%		Paid Off - 360		01-Aug-2005
695615468 2		562,000.00	558,617.37	26-Apr-2006		8.150%		NJ - 89.92%		Paid Off - 360		01-Aug-2005
695643114 1		76,500.00	76,030.23	09-May-2006		8.050%		IL - 90.00%		Paid Off - 360		01-Aug-2005
695644807 1		60,300.00	59,940.14	20-Apr-2006		8.850%		MD - 90.00%		Paid Off - 360		01-Aug-2005
695649111 2		128,000.00	127,387.39	10-Apr-2006		9.550%		SC - 83.66%		Paid Off - 360		01-Aug-2005
695661751 2		150,300.00	149,250.17	10-Apr-2006		7.400%		FL - 90.00%		Paid Off - 360		01-Aug-2005
695678375 1		122,400.00	122,400.00	21-Apr-2006		8.200%		VA - 90.00%		Paid Off - 360		01-Aug-2005
695698498 2		305,910.00	304,872.92	24-Apr-2006		7.125%		CA - 90.00%		Paid Off - 480		01-Aug-2005
695699736 1		37,800.00	37,582.67	27-Apr-2006		9.650%		UT - 90.00%		Paid Off - 360		01-Aug-2005
695701847 2		220,500.00	219,441.05	20-Apr-2006		7.800%		IL - 90.00%		Paid Off - 480		01-Aug-2005
695724278 1		210,600.00	209,171.82	11-May-2006		7.550%		MD - 90.00%		Paid Off - 360		01-Aug-2005
695730911 1		67,500.00	67,161.44	26-Apr-2006		9.050%		AZ - 90.00%		Paid Off - 360		01-Aug-2005
695736553 1		194,400.00	193,229.89	10-Apr-2006		8.150%		IL - 90.00%		Paid Off - 360		01-Aug-2005
695742916 1		149,400.00	149,037.09	03-May-2006		8.300%		WA - 90.00%		Paid Off - 480		01-Aug-2005
695820050 1		128,000.00	127,014.04	24-Apr-2006		6.900%		CA - 80.00%		Paid Off - 360		01-Aug-2005


Page 19 of 30

Long Beach Mortgage Loan Trust 2006-WL2



Asset Backed Certificates

May 25, 2006 Distribution


Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution


Loan Number		Original			Current	State &		Type Prepayment		First

&	Loan	Principal	Prepayment	Prepayment		Note	LTV at		&		Payment
Loan Group	Status	Balance	Amount	Date		Rate	Origination		Original Term		Date

695824664 2		454,750.00	454,750.00	01-May-2006		6.700%		CA - 85.00%		Paid Off - 360		01-Aug-2005

695874792 1		160,000.00	159,022.25	25-Apr-2006		5.950%		NJ - 80.00%		Paid Off - 360		01-Nov-2005
695931980 1		142,500.00	141,668.93	27-Apr-2006		8.300%		NJ - 95.00%		Paid Off - 360		01-Sep-2005
696051366 1		176,000.00	175,028.06	09-May-2006		7.975%		WI - 80.00%		Paid Off - 360		01-Sep-2005
696220003 2		90,000.00	89,705.03	18-Apr-2006		9.850%		NJ - 20.00%		Paid Off - 360		01-Oct-2005
696257468 2		1,000,000.00	995,198.51	26-Apr-2006		7.990%		CO - 60.61%		Paid Off - 360		01-Oct-2005
696277912 1		320,000.00	318,418.61	11-May-2006		7.050%		CA - 80.00%		Paid Off - 360		01-Nov-2005
696291210 2		372,000.00	370,623.67	28-Apr-2006		8.500%		FL - 80.00%		Paid Off - 360		01-Nov-2005
696304260 2		558,450.00	557,080.67	08-May-2006		6.800%		CA - 85.00%		Paid Off - 480		01-Nov-2005
696305838 2		197,000.00	196,210.19	02-May-2006		8.850%		CA - 20.00%		Paid Off - 360		01-Nov-2005
696309392 2		286,200.00	285,727.83	02-May-2006		8.200%		IL - 90.00%		Paid Off - 480		01-Nov-2005
696324763 2		59,000.00	58,762.00	05-May-2006		8.850%		CA - 20.00%		Paid Off - 360		01-Oct-2005
696328426 2		93,000.00	92,624.88	21-Apr-2006		8.850%		CA - 20.00%		Paid Off - 360		01-Oct-2005
696338326 2		184,000.00	183,607.63	19-Apr-2006		7.300%		AZ - 80.00%		Paid Off - 480		01-Nov-2005
696344290 2		52,400.00	52,199.25	24-Apr-2006		9.100%		AZ - 20.00%		Paid Off - 360		01-Oct-2005
696356666 1		320,000.00	318,403.06	02-May-2006		7.000%		CA - 72.73%		Paid Off - 360		01-Nov-2005
696359538 2		513,000.00	511,874.80	21-Apr-2006		7.200%		MD - 90.00%		Paid Off - 480		01-Nov-2005
696388750 2		287,200.00	287,200.00	26-Apr-2006		7.950%		CA - 79.78%		Paid Off - 360		01-Oct-2005
696388776 2		64,000.00	63,856.81	09-May-2006		10.900%		MD - 20.00%		Paid Off - 360		01-Nov-2005
696388784 2		71,800.00	71,619.71	26-Apr-2006		11.100%		CA - 20.00%		Paid Off - 360		01-Oct-2005
696391390 2		108,000.00	107,805.96	24-Apr-2006		8.450%		PA - 80.00%		Paid Off - 480		01-Oct-2005
696392794 1		17,900.00	17,868.09	03-May-2006		11.950%		PA - 20.00%		Paid Off - 360		01-Nov-2005
696403773 2		25,000.00	24,907.77	19-Apr-2006		9.900%		UT - 20.00%		Paid Off - 360		01-Oct-2005
696409093 2		95,961.00	95,717.58	20-Apr-2006		10.350%		CA - 20.00%		Paid Off - 360		01-Nov-2005
696409382 2		340,000.00	339,199.66	10-May-2006		6.950%		NJ - 80.00%		Paid Off - 480		01-Nov-2005
696415504 2		440,000.00	439,252.84	20-Apr-2006		8.100%		CA - 80.00%		Paid Off - 480		01-Nov-2005
696422260 1		115,000.00	114,646.78	24-Apr-2006		6.150%		CA - 53.00%		Paid Off - 480		01-Nov-2005
696423136 1		244,000.00	243,235.36	21-Apr-2006		5.900%		CA - 80.00%		Paid Off - 480		01-Nov-2005
696423250 1		33,200.00	33,105.50	24-Apr-2006		10.100%		MI - 19.76%		Paid Off - 360		01-Nov-2005
696424068 1		61,000.00	60,790.29	21-Apr-2006		9.650%		CA - 20.00%		Paid Off - 360		01-Nov-2005
696427830 1		153,000.00	152,805.98	03-May-2006		9.100%		UT - 90.00%		Paid Off - 480		01-Nov-2005
696430867 2		184,000.00	183,261.75	02-May-2006		8.100%		CA - 80.00%		Paid Off - 360		01-Nov-2005
696431899 2		43,200.00	43,085.34	11-May-2006		10.100%		IL - 20.00%		Paid Off - 360		01-Nov-2005
696435247 2		204,000.00	202,920.81	10-May-2006		6.700%		IL - 80.00%		Paid Off - 360		01-Nov-2005
696435817 2		246,400.00	245,820.45	02-May-2006		6.950%		FL - 80.00%		Paid Off - 480		01-Nov-2005
696439231 2		61,125.00	60,911.36	09-May-2006		11.900%		RI - 15.00%		Paid Off - 360		01-Nov-2005
696443712 2		184,000.00	183,167.79	01-May-2006		7.500%		NJ - 80.00%		Paid Off - 360		01-Nov-2005
696445204 1		210,000.00	209,502.63	28-Apr-2006		6.925%		CA - 61.76%		Paid Off - 480		01-Nov-2005
696448232 1		120,000.00	119,334.12	10-May-2006		7.500%		MI - 80.00%		Paid Off - 360		01-Nov-2005
696448240 1		30,000.00	29,874.49	10-May-2006		11.950%		MI - 20.00%		Paid Off - 360		01-Nov-2005
696452770 1		312,000.00	311,414.32	21-Apr-2006		7.750%		IL - 80.00%		Paid Off - 480		01-Nov-2005
696453083 1		78,000.00	77,825.50	21-Apr-2006		10.900%		IL - 20.00%		Paid Off - 360		01-Nov-2005


Page 20 of 30

Long Beach Mortgage Loan Trust 2006-WL2



Asset Backed Certificates

May 25, 2006 Distribution


Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution


Loan Number		Original			Current	State &		Type Prepayment		First

&	Loan	Principal	Prepayment	Prepayment		Note	LTV at		&		Payment
Loan Group	Status	Balance	Amount	Date		Rate	Origination		Original Term		Date

696453265 2		131,400.00	130,961.16	05-May-2006		9.000%		IL - 88.78%		Paid Off - 360		01-Nov-2005

696457571 1		256,000.00	255,389.47	26-Apr-2006		6.900%		WA - 80.00%		Paid Off - 480		01-Nov-2005
696461250 1		292,500.00	291,988.80	11-May-2006		8.000%		MD - 90.00%		Paid Off - 480		01-Nov-2005
696467356 1		66,000.00	65,550.24	01-May-2006		11.200%		WA - 20.00%		Paid Off - 360		01-Nov-2005
696482470 2		212,000.00	210,845.59	28-Apr-2006		6.550%		MI - 80.00%		Paid Off - 360		01-Nov-2005
696488402 2		450,000.00	449,289.15	18-Apr-2006		8.350%		CA - 84.91%		Paid Off - 480		01-Nov-2005
696489079 1		356,000.00	354,748.48	05-May-2006		8.750%		CA - 74.95%		Paid Off - 360		01-Nov-2005
696490531 2		353,136.00	352,142.73	28-Apr-2006		6.300%		CA - 80.00%		Paid Off - 480		01-Nov-2005
696491042 2		179,168.00	178,690.84	10-May-2006		6.500%		AZ - 80.00%		Paid Off - 480		01-Nov-2005
696498138 2		616,000.00	614,876.19	26-Apr-2006		7.850%		NJ - 80.00%		Paid Off - 480		01-Nov-2005
696502756 1		203,500.00	203,382.42	01-May-2006		6.950%		NJ - 79.99%		Paid Off - 360		01-Nov-2005
696505353 1		33,740.00	33,652.25	10-May-2006		11.200%		UT - 20.00%		Paid Off - 360		01-Nov-2005
696508951 1		48,600.00	48,028.19	01-May-2006		9.700%		TX - 90.00%		Paid Off - 360		01-Nov-2005
696512672 2		559,960.00	557,813.87	08-May-2006		7.400%		CA - 80.00%		Paid Off - 360		01-Dec-2005
696515022 1		60,800.00	60,572.72	05-May-2006		8.450%		MI - 80.00%		Paid Off - 360		01-Nov-2005
696516228 1		396,000.00	395,512.54	21-Apr-2006		9.200%		CA - 90.00%		Paid Off - 480		01-Nov-2005
696521228 2		53,980.00	53,883.93	02-May-2006		11.950%		UT - 20.00%		Paid Off - 360		01-Nov-2005
696526466 2		208,000.00	207,230.45	10-Apr-2006		8.500%		RI - 80.00%		Paid Off - 360		01-Nov-2005
696526938 2		52,000.00	51,903.26	10-Apr-2006		11.750%		RI - 20.00%		Paid Off - 360		01-Nov-2005
696528421 1		185,000.00	184,171.47	02-May-2006		7.550%		CA - 74.00%		Paid Off - 360		01-Nov-2005
696533199 1		400,000.00	398,244.04	21-Apr-2006		8.200%		CA - 67.80%		Paid Off - 360		01-Nov-2005
696535814 2		1,000,000.00	996,448.25	26-Apr-2006		8.700%		OH - 76.92%		Paid Off - 360		01-Nov-2005
696538206 1		119,920.00	119,482.52	17-Apr-2006		7.650%		IL - 80.00%		Paid Off - 360		01-Dec-2005
696539352 1		264,000.00	262,733.12	18-Apr-2006		7.200%		MD - 80.00%		Paid Off - 360		01-Nov-2005
696543487 2		59,380.00	59,274.29	18-Apr-2006		11.950%		VA - 20.00%		Paid Off - 360		01-Nov-2005
696553825 1		45,000.00	44,901.92	10-Apr-2006		10.150%		AL - 90.00%		Paid Off - 360		01-Dec-2005
696556240 1		56,000.00	55,876.06	08-May-2006		10.950%		MO - 80.00%		Paid Off - 360		01-Nov-2005
696561778 2		79,800.00	79,634.50	05-May-2006		11.250%		MD - 20.00%		Paid Off - 360		01-Nov-2005
696578442 1		360,000.00	358,870.17	18-Apr-2006		9.300%		CA - 90.00%		Paid Off - 360		01-Nov-2005
696581388 2		297,500.00	296,663.16	17-Apr-2006		6.300%		MA - 70.00%		Paid Off - 480		01-Nov-2005
696581552 2		58,600.00	58,458.69	08-May-2006		10.550%		CO - 20.00%		Paid Off - 360		01-Nov-2005
696590165 2		369,750.00	368,094.07	10-May-2006		7.550%		FL - 85.00%		Paid Off - 360		01-Nov-2005
696593557 2		276,000.00	274,793.36	28-Apr-2006		7.150%		NJ - 80.00%		Paid Off - 360		01-Dec-2005
696595131 1		42,300.00	41,805.06	24-Apr-2006		9.100%		PA - 20.00%		Paid Off - 360		01-Nov-2005
696601525 1		112,000.00	111,606.29	03-May-2006		8.750%		TN - 80.00%		Paid Off - 360		01-Nov-2005
696604149 1		200,000.00	197,199.69	01-May-2006		8.150%		NJ - 80.00%		Paid Off - 360		01-Dec-2005
696604438 2		749,999.00	748,591.05	26-Apr-2006		7.750%		CA - 78.95%		Paid Off - 480		01-Nov-2005
696613892 2		54,000.00	53,869.33	05-May-2006		10.550%		WA - 20.00%		Paid Off - 360		01-Nov-2005
696617778 2		162,320.00	161,964.00	04-May-2006		7.200%		MA - 80.00%		Paid Off - 480		01-Nov-2005
696619832 2		225,000.00	224,587.98	08-May-2006		8.850%		FL - 69.23%		Paid Off - 480		01-Nov-2005
696621259 1		297,220.00	296,104.00	21-Apr-2006		5.700%		CA - 77.00%		Paid Off - 480		01-Nov-2005
696622448 2		312,800.00	311,642.71	28-Apr-2006		8.500%		MD - 80.00%		Paid Off - 360		01-Nov-2005


Page 21 of 30

Long Beach Mortgage Loan Trust 2006-WL2



Asset Backed Certificates

May 25, 2006 Distribution


Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution


Loan Number		Original			Current	State &		Type Prepayment		First

&	Loan	Principal	Prepayment	Prepayment		Note	LTV at		&		Payment
Loan Group	Status	Balance	Amount	Date		Rate	Origination		Original Term		Date

696624816 1		292,000.00	290,728.18	03-May-2006		6.750%		CA - 64.89%		Paid Off - 360		01-Dec-2005

696626480 2		365,500.00	364,775.69	18-Apr-2006		6.900%		NJ - 85.00%		Paid Off - 480		01-Dec-2005
696627801 2		64,800.00	64,661.93	10-Apr-2006		10.600%		TN - 90.00%		Paid Off - 360		01-Dec-2005
696629484 1		292,000.00	291,211.13	28-Apr-2006		9.125%		NJ - 80.00%		Paid Off - 360		01-Dec-2005
696631274 1		227,500.00	226,767.68	19-Apr-2006		5.800%		CA - 65.00%		Paid Off - 480		01-Nov-2005
696632157 2		53,000.00	52,890.09	08-May-2006		11.250%		IL - 20.00%		Paid Off - 360		01-Nov-2005
696634229 2		176,000.00	175,782.22	17-Apr-2006		8.550%		IL - 80.00%		Paid Off - 480		01-Dec-2005
696634237 2		44,000.00	43,908.13	17-Apr-2006		10.350%		IL - 20.00%		Paid Off - 360		01-Dec-2005
696637891 2		89,000.00	88,559.93	10-Apr-2006		6.650%		WA - 77.39%		Paid Off - 360		01-Dec-2005
696638212 2		292,000.00	291,322.70	01-May-2006		7.000%		ID - 80.00%		Paid Off - 480		01-Nov-2005
696643311 2		153,200.00	152,526.51	19-Apr-2006		6.700%		TN - 80.00%		Paid Off - 360		01-Dec-2005
696644095 2		212,000.00	211,566.14	08-May-2006		7.450%		IL - 80.00%		Paid Off - 480		01-Nov-2005
696650068 2		122,160.00	121,754.13	20-Apr-2006		9.025%		MN - 80.00%		Paid Off - 360		01-Nov-2005
696655216 2		734,000.00	733,091.64	27-Apr-2006		8.550%		MD - 78.09%		Paid Off - 480		01-Dec-2005
696658442 2		286,000.00	285,156.56	05-May-2006		8.700%		NJ - 89.94%		Paid Off - 360		01-Dec-2005
696661867 2		153,000.00	152,720.25	01-May-2006		7.200%		WV - 85.00%		Paid Off - 480		01-Dec-2005
696664606 2		328,000.00	326,198.28	02-May-2006		6.900%		FL - 73.71%		Paid Off - 360		01-Nov-2005
696665694 2		51,200.00	51,071.14	02-May-2006		10.350%		AZ - 20.00%		Paid Off - 360		01-Nov-2005
696677012 2		143,100.00	142,811.58	27-Apr-2006		7.500%		FL - 90.00%		Paid Off - 480		01-Nov-2005
696680677 1		174,250.00	174,072.58	12-May-2006		10.000%		WI - 85.00%		Paid Off - 480		01-Dec-2005
696681022 1		83,300.00	83,227.74	12-May-2006		9.750%		WI - 85.00%		Paid Off - 480		01-Dec-2005
696682939 1		26,200.00	26,081.17	17-Apr-2006		11.800%		WA - 20.00%		Paid Off - 360		01-Dec-2005
696684042 2		315,000.00	314,266.68	19-Apr-2006		9.850%		MD - 90.00%		Paid Off - 360		01-Dec-2005
696684745 1		78,500.00	78,233.07	28-Apr-2006		8.000%		OH - 86.45%		Paid Off - 360		01-Dec-2005
696694272 1		113,600.00	113,275.14	17-Apr-2006		8.850%		PA - 80.00%		Paid Off - 360		01-Dec-2005
696698505 2		144,500.00	144,392.28	19-Apr-2006		10.250%		AZ - 89.75%		Paid Off - 480		01-Dec-2005
696698679 2		150,000.00	149,510.20	20-Apr-2006		8.200%		IL - 46.88%		Paid Off - 360		01-Dec-2005
696703289 2		207,000.00	206,426.11	02-May-2006		9.000%		NJ - 90.00%		Paid Off - 360		01-Dec-2005
696703644 2		598,500.00	597,748.45	10-May-2006		8.500%		MN - 95.00%		Paid Off - 480		01-Dec-2005
696706191 1		254,600.00	253,970.47	01-May-2006		9.550%		IL - 95.00%		Paid Off - 360		01-Dec-2005
696708395 2		230,400.00	229,774.33	25-Apr-2006		9.100%		IL - 90.00%		Paid Off - 360		01-Dec-2005
696734425 2		115,050.00	114,582.78	10-Apr-2006		8.350%		VA - 65.00%		Paid Off - 360		01-Dec-2005
696736552 2		194,000.00	193,299.53	02-May-2006		7.700%		NJ - 83.62%		Paid Off - 360		01-Dec-2005
696736727 1		401,200.00	400,052.75	20-Apr-2006		8.850%		IL - 85.00%		Paid Off - 360		01-Dec-2005
696755792 2		228,000.00	227,184.93	17-Apr-2006		7.750%		DE - 45.60%		Paid Off - 360		01-Dec-2005
696776319 2		103,500.00	103,272.08	12-May-2006		10.100%		WI - 90.00%		Paid Off - 360		01-Dec-2005
696780568 1		92,000.00	91,690.36	24-Apr-2006		8.050%		IL - 80.00%		Paid Off - 360		01-Dec-2005
696784735 2		340,000.00	339,477.34	28-Apr-2006		7.800%		FL - 80.00%		Paid Off - 480		01-Dec-2005
696803154 2		632,948.00	631,042.77	28-Apr-2006		8.600%		VA - 80.00%		Paid Off - 360		01-Dec-2005
695437293 2		193,500.00	192,944.91	24-Apr-2006		8.100%		FL - 90.00%		Repur/Subs - 480		01-Jul-2005
695498279 2		180,000.00	178,742.79	24-Apr-2006		7.400%		TN - 90.00%		Repur/Subs - 360		01-Aug-2005
695506998 2		276,250.00	274,573.77	24-Apr-2006		8.650%		IL - 85.00%		Repur/Subs - 360		01-Jul-2005


Page 22 of 30

Long Beach Mortgage Loan Trust 2006-WL2



Asset Backed Certificates

May 25, 2006 Distribution


Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution


Loan Number		Original			Current	State &		Type Prepayment		First

&	Loan	Principal	Prepayment	Prepayment		Note	LTV at		&		Payment
Loan Group	Status	Balance	Amount	Date		Rate	Origination		Original Term		Date

695519900 2		61,750.00	61,418.45	24-Apr-2006		9.250%		IN - 95.00%		Repur/Subs - 360		01-Jul-2005

695525261 1		234,000.00	232,752.38	24-Apr-2006		8.750%		FL - 90.00%		Repur/Subs - 360		01-Aug-2005
695584979 2		184,500.00	183,301.42	24-Apr-2006		7.850%		GA - 90.00%		Repur/Subs - 360		01-Aug-2005
695602342 1		90,900.00	90,488.95	24-Apr-2006		9.550%		MO - 90.00%		Repur/Subs - 360		01-Aug-2005
695606160 1		91,800.00	91,384.79	24-Apr-2006		9.550%		MO - 90.00%		Repur/Subs - 360		01-Aug-2005
695611087 1		255,500.00	255,500.00	24-Apr-2006		8.250%		IL - 89.65%		Repur/Subs - 360		01-Jul-2005
695643353 1		144,000.00	143,175.74	24-Apr-2006		8.400%		IL - 90.00%		Repur/Subs - 360		01-Aug-2005
695667162 2		62,900.00	62,643.74	24-Apr-2006		10.050%		MI - 85.00%		Repur/Subs - 360		01-Aug-2005
695673475 1		325,125.00	324,213.55	24-Apr-2006		7.800%		CO - 85.00%		Repur/Subs - 480		01-Aug-2005
695686618 2		133,000.00	132,753.36	24-Apr-2006		9.225%		LA - 95.00%		Repur/Subs - 480		01-Aug-2005
695689489 2		108,000.00	107,668.08	24-Apr-2006		7.475%		OR - 90.00%		Repur/Subs - 480		01-Aug-2005
695694414 1		76,000.00	75,670.25	24-Apr-2006		9.750%		TN - 95.00%		Repur/Subs - 360		01-Aug-2005
695749002 1		252,000.00	250,542.95	24-Apr-2006		8.350%		MA - 90.00%		Repur/Subs - 360		01-Aug-2005
695759852 1		60,800.00	60,501.29	24-Apr-2006		9.150%		TX - 95.00%		Repur/Subs - 360		01-Aug-2005
695873596 2		575,000.00	572,098.93	24-Apr-2006		9.550%		FL - 83.33%		Repur/Subs - 360		01-Jul-2005
696179126 2		157,500.00	157,030.84	13-Apr-2006		9.550%		FL - 75.00%		Repur/Subs - 360		01-Nov-2005
696185602 1		76,500.00	76,254.49	13-Apr-2006		9.950%		TX - 90.00%		Repur/Subs - 360		01-Oct-2005
696225515 2		306,000.00	304,740.37	24-Apr-2006		8.750%		NJ - 90.00%		Repur/Subs - 360		01-Oct-2005
696261239 2		292,000.00	291,263.94	24-Apr-2006		6.700%		CA - 80.00%		Repur/Subs - 480		01-Nov-2005
696302181 1		112,000.00	111,641.09	13-Apr-2006		9.200%		TX - 80.00%		Repur/Subs - 360		01-Nov-2005
696367853 2		142,650.00	141,949.09	13-Apr-2006		7.550%		TX - 90.00%		Repur/Subs - 360		01-Nov-2005
696481852 2		260,000.00	259,429.72	13-Apr-2006		7.200%		FL - 80.00%		Repur/Subs - 480		01-Nov-2005
696482736 2		316,000.00	315,332.22	13-Apr-2006		8.150%		FL - 80.00%		Repur/Subs - 480		01-Nov-2005
696498997 1		130,500.00	130,350.86	13-Apr-2006		9.450%		FL - 90.00%		Repur/Subs - 480		01-Nov-2005
696535772 1		134,000.00	133,440.35	24-Apr-2006		7.900%		IL - 80.00%		Repur/Subs - 360		01-Nov-2005
696541853 1		46,800.00	46,660.57	24-Apr-2006		9.550%		MI - 80.00%		Repur/Subs - 360		01-Nov-2005
696614569 2		207,900.00	207,358.36	24-Apr-2006		9.300%		OH - 90.00%		Repur/Subs - 360		01-Dec-2005
696635697 2		113,600.00	113,205.88	13-Apr-2006		7.900%		TX - 80.00%		Repur/Subs - 360		01-Dec-2005
696656677 2		309,600.00	309,124.10	13-Apr-2006		7.800%		FL - 80.00%		Repur/Subs - 480		01-Dec-2005
696689264 1		87,125.00	86,854.55	13-Apr-2006		8.450%		TX - 85.00%		Repur/Subs - 360		01-Dec-2005
696709401 2		194,000.00	193,155.36	13-Apr-2006		6.750%		FL - 73.21%		Repur/Subs - 360		01-Dec-2005


TOTAL		42,625,191.00	42,480,944.36

Page 23 of 30

Long Beach Mortgage Loan Trust 2006-WL2



Asset Backed Certificates
Asset Backed Certificates
May 25, 2006 Distribution

Realized Loss Report

COLLATERAL REALIZED LOSSES



		Group 2		Group 1		Total


Current





Number of Loans Liquidated	0		0		0
Collateral Principal Realized Loss/(Gain) Amount	0.00		0.00		0.00
Collateral Interest Realized Loss/(Gain) Amount	0.00		0.00		0.00
Net Liquidation Proceeds	0.00		0.00		0.00

Cumulative
Cumulative



Number of Loans Liquidated	0		0		0
Collateral Realized Loss/(Gain) Amount	0.00		0.00		0.00
Net Liquidation Proceeds	0.00		0.00		0.00

Page 24 of 30

Long Beach Mortgage Loan Trust 2006-WL2



Asset Backed Certificates
Asset Backed Certificates
May 25, 2006 Distribution


DEFAULT SPEEDS

	Group 2	Group 1	Total



MDR	0.00%	0.00%	0.00%
3 Months Avg MDR	0.00%	0.00%	0.00%
12 Months Avg MDR	0.00%	0.00%	0.00%
Avg MDR Since Cut-off	0.00%	0.00%	0.00%


CDR	0.00%	0.00%	0.00%
3 Months Avg CDR	0.00%	0.00%	0.00%
12 Months Avg CDR	0.00%	0.00%	0.00%
Avg CDR Since Cut-off	0.00%	0.00%	0.00%


SDA	0.00%	0.00%	0.00%
3 Months Avg SDA Approximation	0.00%	0.00%	0.00%
12 Months Avg SDA Approximation	0.00%	0.00%	0.00%
Avg SDA Since Cut-off Approximation	0.00%	0.00%	0.00%


Loss Severity Approximation for Current Period	0.00%	0.00%	0.00%
3 Months Avg Loss Severity Approximation	0.00%	0.00%	0.00%
12 Months Avg Loss Severity Approximation	0.00%	0.00%	0.00%
Avg Loss Severity Approximation Since Cut-off	0.00%	0.00%	0.00%

Page 25 of 30

Long Beach Mortgage Loan Trust 2006-WL2

Asset Backed Certificates

May 25, 2006 Distribution

COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY

Monthly Default Rate (MDR): (Beg Principal Balance of Liquidated Loans)/(Total Beg Principal Balance)

Conditional Default Rate (CDR): 1-((1-MDR)^12)

SDA Standard Default Assumption: CDR/IF(WAS<61,MIN(30,WAS)*0.02,MAX(0.03,MIN(30,WAS)*0.02-0.0095*(WAS-60)))

Average MDR over period between nth month and mth month (AvgMDRn,m): [(1-MDRn)*(1-MDRn+1)*...*(1-MDRm)]^(1/months in period n,m)

Average CDR over period between the nth month and mth month (AvgCDRn,m): 1-((1-AvgMDRn,m)^12)

Average SDA Approximation over period between the nth month and mth month:

AvgCDRn,m/IF(Avg WASn,m<61,MIN(30,Avg WASn,m)*0.02,MAX(0.03,MIN(30,Avg WASn,m)*0.02-0.0095*(Avg WASn,m-60)))

Average WASn,m: (WASn + WASn+1 +...+ WASm )/(number of months in the period n,m)

Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)

Average Loss Severity Approximation over period between nth month and mth month: Avg(Loss Severityn,m)

Note: Default rates are calculated since deal issue date and include realized gains and additional realized losses and gains from prior periods.

Dates correspond to distribution dates.

Page 26 of 30

Long Beach Mortgage Loan Trust 2006-WL2

Asset Backed Certificates

May 25, 2006 Distribution

Realized Loss Detail Report

Loan Number

Current

State &

Prior

Realized

Cumulative

Loan

Note

LTV at

Original

Principal

Loss/(Gain)

Realized

Loan Group

Status

Rate

Origination

Term

Balance

Revision

Loss/(Gain)

TOTAL

Page 27 of 30

Long Beach Mortgage Loan Trust 2006-WL2

Asset Backed Certificates

May 25, 2006 Distribution

Triggers and Adj. Cert. Report

TRIGGER EVENTS

Group 2

Group 1

Total

Does a Trigger Event Exist?

Has a Stepdown Date Occurred?

60+ Day Delinquency Balance (includes all REO and FC)

11,268,218.84

Beginning Stated Principal Balance

1,674,454,009.36

Delinquency Percentage

0.672900%

Offered Subordinate and C Class Certificate Balances

348,383,753.80

Beginning Stated Principal Balance

1,674,454,009.36

Credit Enhancement Percentage

20.805800%

Cumulative Loss Percentage

0.00000000%

Master Servicer Event of Default?

ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK

ADDITIONAL INFORMATION

Group 2

Group 1

Total

Current LIBOR Rate

4.959380%

Libor Rate Determination Date

04/21/2006

Next LIBOR Rate

0.000000%

Next Libor Rate Determination Date

05/23/2006

Page 28 of 30

Long Beach Mortgage Loan Trust 2006-WL2



Asset Backed Certificates
Asset Backed Certificates
May 25, 2006 Distribution

Additional Certificate Report

ADDITIONAL CERTIFICATE REPORT

		NET WAC Shortfall Prior (1)	Int on Prior SF (2)	Curr NET WAC SF (3)	Total NET WAC SF (1+2+3)	NET WAC Shortfall Paid	NET WAC Shortfall UnPaid
CLASS

	I-A	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	II-A1	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	II-A2	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	II-A3	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	II-A4	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	M-1	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	M-2	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	M-3	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	M-4	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	M-5	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	M-6	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	M-7	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	M-8	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	M-9	$0.00	$0.00	$0.00	$0.00	$4,642.79	$0.00
		$0.00	$0.00	$0.00	$0.00	$4,642.79	$0.00
	B-1	$0.00	$0.00	$0.00	$0.00	$5,803.48	$0.00
		$0.00	$0.00	$0.00	$0.00	$5,803.48	$0.00
	B-2	$0.00	$0.00	$0.00	$0.00	$5,803.48	$0.00
		$0.00	$0.00	$0.00	$0.00	$5,803.48	$0.00
	B-3	$0.00	$0.00	$0.00	$0.00	$1,450.72	$0.00
		$0.00	$0.00	$0.00	$0.00	$1,450.72	$0.00




Page 29 of 30

Long Beach Mortgage Loan Trust 2006-WL2

Asset Backed Certificates

May 25, 2006 Distribution

Other Related Information

ADDITIONAL INFORMATION

Group 2

Group 1

Total

Page 30 of 30

Long Beach Mortgage Loan Trust 2006-WL2 10-D