Mortgage Servicing Fraud
occurs post loan origination when mortgage servicers use false statements and book-keeping entries, fabricated assignments, forged signatures and utter counterfeit intangible Notes to take a homeowner's property and equity.
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Form 8-K for C-BASS MORTGAGE LOAN ASSET-BACKED CERTIFICATES, SERIES 2006-


26-Dec-2006

Other Events, Financial Statements a


Item 8.01. Other Events.

On December 7, 2006, GS Mortgage Securities Corp. (the "Company") caused the issuance of the CBASS Trust 2006-CB9 Mortgage Loan Asset-Backed Certificates, Series 2006-CB9 (the "Certificates"). The Certificates were issued pursuant to a Pooling and Servicing Agreement, dated as of November 1, 2006 (the "Pooling and Servicing Agreement"), by and among the Company, as depositor, Litton Loan Servicing LP, as servicer, Credit-Based Asset Servicing and Securitization LLC, as sponsor and U.S. Bank National Association, as trustee. The Class A-1, Class A-2, Class A-3, Class A-4, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8 and Class M-9 Certificates (the "Publicly Offered Certificates"), having an aggregate initial principal amount of $724,979,000, were sold to Goldman, Sachs & Co. (the "Underwriter"), pursuant to an Underwriting Agreement, dated as of December 6, 2006, by and between the Company and the Underwriter.

The Class B-1, Class B-2, Class B-3, Class R, Class R-X, Class CE-1, Class CE-2 and Class P (the "Private Certificates") were sold by the Company to Goldman, Sachs & Co. on December 7, 2006, in a transaction exempt from registration under the Securities Act of 1933 (the "Act") pursuant to Section 4(2) under the Act. The net proceeds from the sale of the Private Certificates were applied by the Company toward the purchase of the mortgage loans constituting the pool assets.

Attached as exhibits are certain agreements that were executed and delivered in connection with the issuance of the Certificates.



Item 9.01. Financial Statements, Pro Forma Financial Information and Exhibits.

(c) Exhibits

Exhibit 1         Underwriting Agreement, dated as of December 6, 2006, by and                  between GS Mortgage Securities Corp., as depositor and                  Goldman, Sachs & Co., as underwriter.Exhibit 4         Pooling and Servicing Agreement, dated as of November 1, 2006,                  by and among the Company, as depositor, Litton Loan Servicing                  LP, as servicer, Credit-Based Asset Servicing and                  Securitization LLC, as sponsor and LaSalle Bank National                  Association, as trustee.Exhibit 10.1      Mortgage Loan Purchase Agreement, dated as of December 7,                  2006, between GS Mortgage Securities Corp., as purchaser and                  Credit-Based Asset Servicing and Securitization LLC, as seller                  (included as Exhibit P to Exhibit 4).Exhibit 10.2      Confirmation, dated as of December 7, 2006, by and among The                  Bank of New York, the swap provider, LaSalle Bank National                  Association, the trustee, and Credit-Based Asset Servicing and                  Securitization LLC (included as part of Exhibit Q to Exhibit                  4).Exhibit 10.3      Credit Support Annex, dated as of December 7, 2006, by and                  between The Bank of New York, the swap provider, and LaSalle                  Bank National Association, the trustee (included as part of                  Exhibit Q to Exhibit 4).Exhibit 10.4      Confirmation, dated as of December 7, 2006, by and between The                  Bank of New York, the cap provider, and LaSalle Bank National                  Association, the trustee (included as part of Exhibit Q to                  Exhibit 4).Exhibit 10.5      Credit Support Annex, dated as of December 7, 2006, by and                  between The Bank of New York, the cap provider, and LaSalle                  Bank National Association, the trustee (included as part of                  Exhibit Q to Exhibit 4).Exhibit 10.5      Custodial Agreement, dated as of November 1, 2006, by and                  among LaSalle Bank National Association, as trustee, Litton                  Loan Servicing LP, as servicer and The Bank of New York, as                  custodian (included as Exhibit R to Exhibit 4).            Pursuant to the requirements of the Securities Exchange Act of 1934,
the depositor has caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Date: December 26, 2006 GS MORTGAGE SECURITIES CORP.

By: /s/ Michelle Gill

Name: Michelle Gill Title: Vice President

 


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Ann! What happen to the rest of your post!

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