EXHIBIT 99.11 ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT

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                                                                   Exhibit 99.11


                                                                  EXECUTION COPY


                ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT

     THIS ASSIGNMENT,  ASSUMPTION AND RECOGNITION  AGREEMENT (the  "Agreement"),
dated as of December  1, 2006 (the  "Closing  Date"),  is among  Wachovia  Bank,
National Association  ("Assignor"),  National City Mortgage Co. ("Servicer") and
Maia Mortgage Finance Statutory Trust ("Assignee").

     WHEREAS,  the Assignor and the  Servicer  entered into that certain  Master
Purchase  and  Servicing  Agreement,  dated as of May 1, 2006,  and that certain
Agreement   (Compliance   with  Regulation  AB)  dated  as  of  April  17,  2006
(collectively,  the "Master Agreement"),  copies of which are attached hereto as
Exhibits A-1 and A-2, respectively.

     WHEREAS,  pursuant to the terms of the Master Agreement,  the Servicer sold
to the Assignor  certain  mortgage  loans and  currently  services such mortgage
loans for the Assignor.

     WHEREAS,  Assignor  wishes to assign to Assignee  all of its right,  title,
interest  and  obligations  under the Master  Agreement  with respect to certain
mortgage  loans  specified  in the Mortgage  Loan  Schedule  attached  hereto as
Exhibit  B  (the  "Mortgage  Loans"),  and  Assignee  wishes  to  assume  all of
Assignor's  right,  title and interest in and to such Mortgage Loans as provided
in the Master Agreement.

     WHEREAS,  the  Assignee  and the  Servicer  agree that,  from and after the
Closing  Date,  the  servicing  provisions  of the Master  Agreement (as amended
pursuant  to  a  reconstitution   agreement  to  be  entered  into  prior  to  a
securitization   transaction.   which  reconstitution  agreement  shall  include
provisions  for  special  foreclosure  rights)  shall  continue  to apply to the
Mortgage Loans and shall govern the servicing of the Mortgage Loans.

     NOW, THEREFORE,  in consideration of the mutual agreements  hereinafter set
forth and for other good and valuable consideration, the receipt and adequacy of
which are hereby acknowledged, the parties hereto agree as follows:

     1. The Assignor hereby grants, transfers and assigns to Assignee all of the
right,  title,  interest and obligations of Assignor,  as Purchaser,  in, to and
under the Master  Agreement  solely  with  respect to, and to the extent of, the
Mortgage Loans.  Assignor  specifically reserves and does not assign to Assignee
any right,  title and interest in, to or under any mortgage loans subject to the
Master Agreement other than those set forth on Exhibit B.

     2. On the Closing  Date,  the  Assignee  shall pay to Assignor the purchase
price set forth in the related  commitment letter  agreement,  dated November 1,
2006, between Assignee and Assignor,  the terms of which are incorporated herein
by  reference  (the  "Commitment  Letter"),  by  wire  transfer  of  immediately
available funds to the account specified by Assignor. Assignee shall be entitled
to all  scheduled  payments due on the Mortgage  Loans after the Cut-Off Date of
November 1, 2006 (the "Cut-Off  Date"),  and all  unscheduled  payments or other
proceeds or other  recoveries  on the Mortgage  Loans  received on and after the
Cut-Off Date (provided,  however,  that all scheduled  payments due on or before
the Cut-Off Date shall belong to the  Assignor).  In the event that the December
18, 2006  remittance is paid to Assignor,  Assignor  agrees to immediately  make
such remittance to Assignee.


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     3. The Assignor and the Servicer  represent,  warrant and covenant that the
Master  Agreement  provided to the Assignee and attached  hereto as Exhibits A-1
and A-2 is a true,  complete  and  accurate  copy of the Master  Agreement;  the
Master  Agreement  is in full  force and effect as of the date  hereof;  and its
provisions  have not been waived,  amended or modified in any respect  except as
contemplated herein, nor has any notice of termination been given thereunder. As
of the date hereof,  neither the  Assignor nor the Servicer is in default  under
the Master Agreement.

     4. The Assignor represents, warrants and covenants that:

     (a) The Assignor is a national banking association duly organized,  validly
existing,  and in good standing  under the laws of the United States and has all
licenses necessary to carry on its business as now being conducted;

     (b) The Assignor has corporate power and authority to enter into,  execute,
and deliver this Agreement, and all documents and certificates hereunder, and to
perform its obligations in accordance  herewith;  the execution,  delivery,  and
performance  of this  Agreement  by the  Assignor  and the  consummation  of the
transactions  contemplated  hereby have been duly and validly  authorized;  this
Agreement  evidences  the valid,  binding,  and  enforceable  obligation  of the
Assignor;  and all requisite  corporate action has been taken by the Assignor to
make this Agreement  valid and binding upon the Assignor in accordance  with its
terms;

     (c)  No  consent,  approval,  authorization,  or  order  of  any  court  or
governmental  agency or body relating to the  transactions  contemplated by this
Agreement is required or, if required, such consent, approval, authorization, or
order has been or will, prior to the Closing Date, be obtained;

     (d) The consummation of the transactions contemplated by this Agreement and
the fulfillment of or compliance with the terms and conditions of this Agreement
are in the  ordinary  course of business of the  Assignor and will not result in
the breach of any term or provision of the articles of  incorporation  or bylaws
of the Assignor or result in the breach of any term or provision of, or conflict
with or  constitute  a  default  under,  or result  in the  acceleration  of any
obligation under, any agreement,  indenture, loan, or credit agreement, or other
instrument  to which the Assignor or its  property is subject,  or result in the
violation of any law, rule, regulation,  order, judgment, or decree to which the
Assignor or its property is subject;

     (e) There is no  action,  suit,  proceeding,  or  investigation  pending or
threatened  against the  Assignor  which,  either in any one  instance or in the
aggregate,  is, in the  Assignor's  judgment,  likely to result in any  material
impairment  of the right or ability  of the  Assignor  to carry on its  business
substantially as now conducted, result in any material liability or any material
adverse  change in the  financial  condition of the Assignor or which would draw
into  question  the  validity of this  Agreement or of any action taken or to be
taken in connection with the obligations of the Assignor  contemplated herein or
which  would be likely to impair  materially  the  ability  of the  Assignor  to
perform its obligations hereunder;


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     (f)  There  is no fact  known to the  Assignor  that  materially  adversely
affects or, so far as the  Assignor  now  foresees,  will  materially  adversely
affect  the  ability  of the  Assignor  to perform  its  obligations  under this
Agreement;

     (g)  Neither  the  Assignor  nor  the  arrangement  created  by the  Master
Agreement is an  "investment  company" or under the "control" of an  "investment
company" as such terms are  defined in the  Investment  Company Act of 1940,  as
amended;

     (h) The Assignor has not dealt with any broker,  investment banker,  agent,
or other  person  who may be  entitled  to any<