8-K 1 dbalt200728kforpsa2368652.htm 8K



UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

_____

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15 (d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (date of earliest event reported)

September [  ], 2007

 

DEUTSCHE ALT-A SECURITIES MORTGAGE LOAN TRUST, SERIES 2007-2

(Exact name of Issuing Entity as specified in its charter)


ACE SECURITIES CORP.

(Exact name of Depositor as specified in its charter)


DB STRUCTURED PRODUCTS, INC.

(Exact name of Sponsor as specified in its charter)


ACE SECURITIES CORP.

 (Exact name of Registrant as specified in its charter)


Delaware
(State or other jurisdiction
of incorporation)

333-141008-10
(Commission
File Number)

56-2088493
(IRS Employer
ID Number)

6525 Morrison Boulevard, Suite, 318

Charlotte, North Carolina

28211

(Address of principal executive offices)

(Zip Code)

Registrant’s Telephone Number,
including area code:

(704) 365-0569

      No Change     
(Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ]

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ]

Pre-commencement communications pursuant to Rule 14d-2(d) under the Exchange Act (17 CFR 240.14d-2(b))

[  ]

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Item 8.01.  Other Events.

On August 31, 2007, ACE Securities Corp., (the “Company”) entered into a pooling and servicing agreement dated as of August 1, 2007 (the “Pooling and Servicing Agreement”), among the Company, as depositor, U.S. Bank National Association as trustee (the “Trustee”), Wells Fargo Bank, N.A. as master servicer (the “Master Servicer”) and securities administrator (the “Securities Administrator”) and Clayton Fixed Income Services Inc., as credit risk manager (the “Credit Risk Manager”) providing for the issuance of Deutsche Alt-A Securities Mortgage Loan Trust 2007-2, Mortgage Pass-Through Certificates, Series 2007-2. The Pooling and Servicing Agreement is annexed hereto as Exhibit 4.1.


Item 9.01.  Financial Statements and Exhibits.

(a)  Financial statements of businesses acquired:

Not applicable.

(b)  Pro forma financial information:

Not applicable.


(c)  Shell Company Transaction:


Not applicable.


(d)  Exhibits:


Exhibit No.

Description

4.1

The Pooling and Servicing Agreement, dated as of August 1, 2007, by and among the Company, the Master Servicer, the Securities Administrator, the Trustee and the Credit Risk Manager.


99.1       

The Mortgage Loan Purchase Agreement, dated as of August 31, 2007, by and between DB Structured Products, Inc., as the seller (the “Seller”) and the Company.

99.2

Assignment, Assumption and Recognition Agreement, dated as of August 31, 2007, among DB Structured Products, Inc., as assignor, ACE Securities Corp., as assignee, Countrywide Home Loans, Inc., as company, Countrywide Home Loans Servicing LP, as servicer, and acknowledged and agreed to by Wells Fargo Bank, N.A., as master servicer.


99.3

Amended and Restated Master Mortgage Loan Purchase and Servicing Agreement, dated as of May 1, 2004, as amended and restated to and including August 1, 2005, as further amended by the Amendment Reg AB, dated as of January 31, 2006, between DB Structured Products, Inc. and Countrywide Home Loans, Inc.*


99.4

Amendment Number One to the Amended and Restated Master Mortgage Loan Purchase and Servicing Agreement, dated as of December 21, 2006, by and between Countrywide Home Loans, Inc. and DB Structured Products, Inc.**


99.5

Assignment, Assumption and Recognition Agreement, dated as of August 31, 2007, among DB Structured Products, Inc., as assignor, ACE Securities Corp., as assignee, GMAC Mortgage, LLC, as servicer, and acknowledged and agreed to by Wells Fargo Bank, N.A., as master servicer.


99.6

Amended and Restated Servicing Agreement, dated as of January 2, 2007, between DB Structured Products, Inc. and GMAC Mortgage, LLC.***


99.7

Assignment, Assumption and Recognition Agreement, dated as of August 31, 2007, among DB Structured Products, Inc., as assignor, ACE Securities Corp., as assignee, GMAC Mortgage Corporation, as servicer, and acknowledged and agreed to by Wells Fargo Bank, N.A., as master servicer.


99.8

Servicing Agreement, dated as of April 1, 2004, by and between DB Structured Products, Inc., as owner, and GMAC Mortgage Corporation, as servicer.****


99.9

Certificate Swap I Agreement and Credit Support Annex, each dated as of August 31, 2007, between Deutsche Bank AG, New York Branch and U.S. Bank National Association, not in its individual or corporate capacity but solely as Trustee for the Supplemental Interest Trust for Deutsche Alt-A Securities Mortgage Loan Trust, Series 2007-2.

99.10

Certificate Swap II Agreement and Credit Support Annex, each dated as of August 31, 2007, between Deutsche Bank AG, New York Branch and U.S. Bank National Association, not in its individual or corporate capacity but solely as Trustee for the Supplemental Interest Trust for Deutsche Alt-A Securities Mortgage Loan Trust, Series 2007-2.

99.11

ISDA Master Agreement and Schedule to the Master Agreement, each dated as of August 31, 2007, between Deutsche Bank AG, New York Branch and U.S. Bank National Association, not in its individual or corporate capacity but solely as Trustee for the Supplemental Interest Trust for Deutsche Alt-A Securities Mortgage Loan Trust, Series 2007-2.


*

Incorporated herein by reference to the Form 8-K filed with the SEC on October 13, 2006.


**

Incorporated herein by reference to the Form 8-K filed with the SEC on January 16, 2007.


***

Incorporated herein by reference to the Form 8-K filed with the SEC on April 30, 2007.


***

Incorporated herein by reference to the Form 8-K filed with the SEC on April 13, 2006.





SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


ACE SECURITIES CORP.


By: /s/ Evelyn Echevarria

Name: Evelyn Echevarria

Title: Vice President



By: /s/ Doris J. Hearn

Name: Doris J. Hearn

    Title: Vice President




Dated: September 17, 2007




Exhibit No.

Description

4.1

The Pooling and Servicing Agreement, dated as of August 1, 2007, by and among the Company, the Master Servicer, the Securities Administrator, the Trustee and the Credit Risk Manager.


99.1       

The Mortgage Loan Purchase Agreement, dated as of August 31, 2007, by and between DB Structured Products, Inc., as the seller (the “Seller”) and the Company.

99.2

Assignment, Assumption and Recognition Agreement, dated as of August 31, 2007, among DB Structured Products, Inc., as assignor, ACE Securities Corp., as assignee, Countrywide Home Loans, Inc., as company, Countrywide Home Loans Servicing LP, as servicer, and acknowledged and agreed to by Wells Fargo Bank, N.A., as master servicer.


99.3

Amended and Restated Master Mortgage Loan Purchase and Servicing Agreement, dated as of May 1, 2004, as amended and restated to and including August 1, 2005, as further amended by the Amendment Reg AB, dated as of January 31, 2006, between DB Structured Products, Inc. and Countrywide Home Loans, Inc.*


99.4

Amendment Number One to the Amended and Restated Master Mortgage Loan Purchase and Servicing Agreement, dated as of December 21, 2006, by and between Countrywide Home Loans, Inc. and DB Structured Products, Inc.**


99.5

Assignment, Assumption and Recognition Agreement, dated as of August 31, 2007, among DB Structured Products, Inc., as assignor, ACE Securities Corp., as assignee, GMAC Mortgage, LLC, as servicer, and acknowledged and agreed to by Wells Fargo Bank, N.A., as master servicer.


99.6

Amended and Restated Servicing Agreement, dated as of January 2, 2007, between DB Structured Products, Inc. and GMAC Mortgage, LLC.***


99.7

Assignment, Assumption and Recognition Agreement, dated as of August 31, 2007, among DB Structured Products, Inc., as assignor, ACE Securities Corp., as assignee, GMAC Mortgage Corporation, as servicer, and acknowledged and agreed to by Wells Fargo Bank, N.A., as master servicer.


99.8

Servicing Agreement, dated as of April 1, 2004, by and between DB Structured Products, Inc., as owner, and GMAC Mortgage Corporation, as servicer.****


99.9

Certificate Swap I Agreement and Credit Support Annex, each dated as of August 31, 2007, between Deutsche Bank AG, New York Branch and U.S. Bank National Association, not in its individual or corporate capacity but solely as Trustee for the Supplemental Interest Trust for Deutsche Alt-A Securities Mortgage Loan Trust, Series 2007-2.

99.10

Certificate Swap II Agreement and Credit Support Annex, each dated as of August 31, 2007, between Deutsche Bank AG, New York Branch and U.S. Bank National Association, not in its individual or corporate capacity but solely as Trustee for the Supplemental Interest Trust for Deutsche Alt-A Securities Mortgage Loan Trust, Series 2007-2.

99.11

ISDA Master Agreement and Schedule to the Master Agreement, each dated as of August 31, 2007, between Deutsche Bank AG, New York Branch and U.S. Bank National Association, not in its individual or corporate capacity but solely as Trustee for the Supplemental Interest Trust for Deutsche Alt-A Securities Mortgage Loan Trust, Series 2007-2.


*

Incorporated herein by reference to the Form 8-K filed with the SEC on October 13, 2006.


**

Incorporated herein by reference to the Form 8-K filed with the SEC on January 16, 2007.


***

Incorporated herein by reference to the Form 8-K filed with the SEC on April 30, 2007.


***

Incorporated herein by reference to the Form 8-K filed with the SEC on April 13, 2006.