Exhibit 34.1


[ERNST & YOUNG LOGO]

                         o Ernst & Young LLP             o Phone: (949) 794-2300
                           Suite 1000                     Fax:   (949)437-0590
                           1811 VonKarman Avenue          www.ey.com
                           Irvine, California 92612-1007


             Report of Independent Registered Public Accounting Firm

The Board of Directors
Impac Funding Corporation

We have examined management's assertion, included in the accompanying
Management's Assertion on Compliance with Regulation AB Criteria, that Impac
Funding Corporation (the "Company"), a wholly-owned subsidiary of Impac Mortgage
Holdings, Inc., complied with the servicing criteria set forth in Item 1122 (d)
of the Securities and Exchange Commission's Regulation AB for the
publicly-issued mortgage-backed securities issued on or after January 1, 2006,
for which the Company performs master servicing (the "Platform"), except for the
instances of material noncompliance described therein, as of and for the year
ended December 31, 2007, except for criteria 1122(d)(1)(ii), 1122(d)(1)(iii),
1122d(2)(iv), 1122(d)(2)(vi), 1122(d)(3)(i), 1122(d)(3)(iii), 1122(d)(3)(iv),
1122(d)(4)(i), 1122(d)(4)(ii), and 1122(d)(4)(iv) through 1122(d)(4)(xiii),
which the Company has determined are not applicable to the activities performed
by them with respect to the servicing Platform covered by this report. Refer to
Appendix C of Management's Assertion for the asset backed transactions covered
by this Platform. Management is responsible for the Company's compliance with
these servicing criteria. Our responsibility is to express an opinion on
management's assertion about the Company's compliance with the servicing
criteria based on our examination.

Our examination was conducted in accordance with attestation standards
established by the American Institute of Certified Public Accountants, as
adopted by the Public Company Accounting Oversight Board (United States) and,
accordingly, included examining, on a test basis, evidence about the Company's
compliance with the applicable servicing criteria and performing such other
procedures as we considered necessary in the circumstances. Our examination
included testing of less than all of the individual asset backed transactions
and securities that comprise the Platform, testing of less than all of the
servicing activities related to the Platform, and determining whether the
Company processed those selected transactions and performed those selected
activities in compliance with the servicing criteria. Furthermore, our
procedures were limited to the selected transactions and servicing activities
performed by the Company during the period covered by this report. Our
procedures were not designed to determine whether errors may have occurred
either prior to or subsequent to our tests that may have affected the balances
or amounts calculated or reported by the Company during the period covered by
this report for the selected transactions or any other transactions. We believe
that our examination provides a reasonable basis for our opinion. Our
examination does not provide a legal determination on the Company's compliance
with the servicing criteria.

                A member firm of Ernst & Young Global Limited



[ERNST & YOUNG LOGO]                          o Ernst & Young LLP

Our examination disclosed the following material noncompliance with servicing
criteria applicable to the Company's Platform during the year ended December 31,
2007: 1122(d)(1)(i) with respect to the monitoring of performance triggers and
events of default; and 1122(d)(2)(vii) with respect to reconciliations being
prepared within 30 calendar days or such other number of days specified in the
transaction agreements.

The information in Management's Assertion on Compliance with Regulation AB
Criteria, Appendix B Item 2 refers to remediation activity and other matters
presented by the Company for information purposes. Such information has not been
subjected to the procedures applied in our examination of management's assertion
as described above, and accordingly, we express no opinion on it.

In our opinion, except for the material noncompliance described in the third
paragraph, management's assertion that the Company complied with the
aforementioned servicing criteria as of and for the year ended December 31, 2007
for the Platform is fairly stated, in all material respects.

                                                           /s/ Ernst & Young LLP


Orange County, California
March 24, 2008

                      A member firm of Ernst & Young Global Limited