BCAPB LLC Trust 2007-AB1 (Form - 10-D, Received - 12 - 07 - 2007 14 - 17 - 03)

BCAPB LLC Trust 2007-AB1 (Form: 10-D, Received: 12/07/2007 14:1...
http://livermore.brand.edgar-online.com/EFX_dll/EDGARpro.dll?FetchF...
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-D
ASSET-BACKED ISSUER
DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
For the monthly distribution period from
October 26, 2007 to November 26, 2007
Commission File Number of issuing entity: 333-140720-06
BCAPB LLC Trust 2007-AB1

(Exact name of issuing entity as specified in its Charter)
Commission File Number of depositor: 333-140720
BCAP LLC
(Exact name of depositor as specified in its Charter)
Barclays Bank PLC
(Exact name of sponsor as specified in its Charter)
New York
(State or other jurisdiction of incorporation or organization
of the issuing entity)
Pooling
Pooling
Lower
Upper
Tier
Tier
Tier
Tier
Remic-1 26-0608040
Remic-2 26-0608044
Remic 26-0608050
Remic 26-0608054
Grantor Trust 20-7491653

(I.R.S. Employer Identification No.)
Care of Deutsche Bank National Trust Company as Trustee
1761 East St. Andrew Place, Santa Ana CA
(Address of principal executive offices of the issuing entity)
92705
(Zip Code)
Registrant's Telephone Number, Including Area Code: (212) 412-4000
NONE
(Former name or former address, if changed since last report)
Registered / reporting pursuant to (check one)
Title of Class Section 12(b) Section 12(g) Section 15(d) Name of Exchange
(if Section 12(b))
Class
Class
Class
Class
Class
Class
Class
Class
Class
Class
1 of 24
A-1
A-2
A-3
A-4
A-5
M-1
M-2
M-3
M-4
M-5
[
[
[
[
[
[
[
[
[
[
]
]
]
]
]
]
]
]
]
]
[
[
[
[
[
[
[
[
[
[
]
]
]
]
]
]
]
]
]
]
[X]
[X]
[X]
[X]
[X]
[X]
[X]
[X]
[X]
[X]
Not
Not
Not
Not
Not
Not
Not
Not
Not
Not
Applicable
Applicable
Applicable
Applicable
Applicable
Applicable
Applicable
Applicable
Applicable
Applicable
2/1/2012 5:43 PM
2 of 24
Class
Class
Class
Class
M-6
M-7
M-8
M-9
[
[
[
[
]
]
]
]
[
[
[
[
]
]
]
]
[X]
[X]
[X]
[X]
Not
Not
Not
Not
Applicable
Applicable
Applicable
Applicable
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act
of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject
to such filing requirements for the past 90 days. Yes [X] No [ ]
PART I DISTRIBUTION INFORMATION
Item 1. Distribution and Pool Performance Information.
The distribution report is attached as Exhibit 99.1 to this Form 10-D.
PART II OTHER INFORMATION
Item 2. Legal Proceedings.
None.
Item 3. Sales of Securities and Use of Proceeds.
None.
Item 4. Defaults Upon Senior Securities.
None.
Item 5. Submission of Matters to a Vote of Security Holders.
None.
Item 6. Significant Obligors of Pool Assets.
None.
Item 7. Significant Enhancement Provider Information.
None.
Item 8. Other Information.
None.
Item 9. Exhibits.
(a) The following is a list of documents filed as part of this Report on Form 10-D:
(99.1) Monthly Report distributed to holders of BCAPB LLC Trust 2007-AB1, relating to the November 26, 2007 distribution.
(b) The exhibits required to be filed by the Registrant pursuant to this Form are listed in the Exhibit Index that immediately follows the signature
page hereof.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
BCAP LLC
(Depositor)
/s/ Tom Hamilton
Name: Tom Hamilton
Title: President and Chief
Executive Officer
Date:
December 7, 2007
EXHIBIT INDEX
Exhibit Number
EX-99.1 Monthly Report distributed to holders of BCAPB LLC Trust 2007-AB1, relating to the November 26, 2007 distribution.
2/1/2012 5:43 PM
3 of 24
BCAP LLC Trust 2007-AB1

Mortgage Pass-Through Certificates
November 26, 2007 Distribution
External Parties
Table of Contents
Page
Servicer(s)
Wells Fargo Bank, National Association
Underwriter(s)
1. Certificate Payment Report
2. Collection Account Report
3. Credit Enhancement Report
4. Collateral Report
Barclays Capital Inc.

Swap Counterparty
Barclays Bank PLC.
5. Delinquency Report
10
6. REO Report
11
7. Foreclosure Report
12
8. Prepayment Report
14
9. Prepayment Detail Report
17
10. Realized Loss Report
18
11. Realized Loss Detail Report
21
12. Triggers and Adj. Cert. Report
22
13. Additional Certificate Report
24
14. Other Related Information
25
25
Total Number of Pages

Dates
Contacts
Cut-Off Date:
July 01, 2007 Amy Stoddard
Close Date:
July 19, 2007 Administrator
First Distribution Date:
July 25, 2007 (714) 247-6255

Amy.Stoddard@db.com
Distribution Date:
November 26, 2007
Record Date:
Determination Date:
Address:
1761 East St. Andrew Place, Santa Ana, CA 92705
October 31, 2007 Factor Information:
(800) 735-7777
November 23, 2007 Main Phone Number:
(714) 247-6000
November 16, 2007

https://tss.sfs.db.com/investpublic
Page 1 of 25

Certificate Payment Report
Current Period Distribution Prior
Class
Original
Principal
Current
Total
Realized
Deferred
Principal
2/1/2012 5:43 PM
4 of 24
Class
Type
Face Value
Balance
Interest
Principal
Distribution
Loss
Interest
Balance
(1)
(2)
(3)
(4)=(2)+(3)
(5)
(6)
(7)=(1)-(3)-(5)+(6)
A-1
SEN
0.00
0.00 292,318,125.40
A-2
SEN
311,948,000.00 297,316,980.50 1,327,355.14

54,037,000.00 54,037,000.00
273,337.16
4,998,855.10 6,326,210.24
0.00
273,337.16
0.00
0.00 54,037,000.00
A-3
SEN
40,989,000.00 40,989,000.00
216,216.98
0.00
216,216.98
0.00
0.00 40,989,000.00
A-4
SEN
17,572,000.00 17,572,000.00
96,353.13
0.00
96,353.13
0.00
0.00 17,572,000.00
A-5
SEN
47,172,000.00 47,172,000.00
246,080.60
0.00
246,080.60
0.00
0.00 47,172,000.00
M-1
MEZ
20,608,000.00 20,608,000.00
99,330.56
0.00
99,330.56
0.00
0.00 20,608,000.00
M-2
MEZ
16,091,000.00 16,091,000.00
78,988.93
0.00
78,988.93
0.00
0.00 16,091,000.00
M-3
MEZ
7,058,000.00
7,058,000.00
35,901.69
0.00
35,901.69
0.00
0.00
7,058,000.00
M-4
MEZ
5,928,000.00
5,928,000.00
32,261.49
0.00
32,261.49
0.00
0.00
5,928,000.00
M-5
MEZ
5,928,000.00
5,928,000.00
33,578.83
0.00
33,578.83
0.00
0.00
5,928,000.00
M-6
MEZ
5,081,000.00
5,081,000.00
28,781.04
0.00
28,781.04
0.00
0.00
5,081,000.00
M-7
MEZ
5,082,000.00
5,082,000.00
28,786.71
0.00
28,786.71
0.00
0.00
5,082,000.00
M-8
MEZ
3,387,000.00
3,387,000.00
19,185.47
0.00
19,185.47
0.00
0.00
3,387,000.00
M-9
MEZ
5,645,000.00
5,645,000.00
31,975.79
0.00
31,975.79
0.00
0.00
5,645,000.00
CE
MEZ
18,360,203.31 18,076,358.51
787,667.56
0.00
787,667.56
0.00
0.00 18,076,358.51
RES
0.00
0.00
0.00
0.00
0.00
4,998,855.10 8,334,656.18
0.00
0.00 544,972,483.91
Total
0.00
0.00
564,886,203.31 549,971,339.01 3,335,801.08
0.00
Interest Accrual Detail Current Period Factor Information per $1,000 of Original Face Value
Period
Period
Class Starting
Ending
Method
Cusip
Orig. Principal
Prior
(with Notional)
Principal
Total
Principal
Balance
Balance
Interest
Principal
Distribution
Balance
(1)
(1)
(2)
(3)
(4)=(2)+(3)
(5)
A-1 10/25/07
11/25/07
A-Act/360
A-2 10/25/07
11/24/07
F-30/360
A-3 10/25/07
11/24/07
F-30/360
05529DAC6 40,989,000.00 1,000.000000 5.275000
0.000000
5.275000 1,000.000000
A-4 10/25/07
11/24/07
F-30/360
05529DAD4 17,572,000.00 1,000.000000 5.483333
0.000000
5.483333 1,000.000000
A-5 10/25/07
11/24/07
F-30/360
05529DAE2 47,172,000.00 1,000.000000 5.216667
0.000000
5.216667 1,000.000000
M-1 10/25/07
11/25/07
A-Act/360
05529DAF9 20,608,000.00 1,000.000000 4.820000
0.000000
4.820000 1,000.000000
M-2 10/25/07
11/25/07
A-Act/360
05529DAG7 16,091,000.00 1,000.000000 4.908889
0.000000
4.908889 1,000.000000
M-3 10/25/07
11/25/07
A-Act/360
05529DAH5
7,058,000.00 1,000.000000 5.086666
0.000000
5.086666 1,000.000000
M-4 10/25/07
11/25/07
A-Act/360
05529DAJ1
5,928,000.00 1,000.000000 5.442222
0.000000
5.442222 1,000.000000
M-5 10/25/07
11/25/07
A-Act/360
05529DAK8
5,928,000.00 1,000.000000 5.664445
0.000000
5.664445 1,000.000000
M-6 10/25/07
11/25/07
A-Act/360
05529DAL6
5,081,000.00 1,000.000000 5.664444
0.000000
5.664444 1,000.000000
M-7 10/25/07
11/25/07
A-Act/360
05529DAM4
5,082,000.00 1,000.000000 5.664445
0.000000
5.664445 1,000.000000
M-8 10/25/07
11/25/07
A-Act/360
05529DAN2
3,387,000.00 1,000.000000 5.664443
0.000000
5.664443 1,000.000000
M-9 10/25/07
11/25/07
A-Act/360
05529DAP7
5,645,000.00 1,000.000000 5.664445
0.000000
5.664445 1,000.000000
CE
05529DAQ5
05529DAR3
05529DAA0 311,948,000.00
Current
18,360,203.31 984.540215
0.00
953.097890 4.255053 16.024642
05529DAB8 54,037,000.00 1,000.000000 5.058333
0.000000
42.900808
0.000000
0.000000
20.279695
937.073247
5.058333 1,000.000000
0.000000 42.900808 984.540215

0.000000 0.000000
0.000000
Page 2 of 25

Distribution to Date -
2/1/2012 5:43 PM
5 of 24
Current
Original
Unscheduled Scheduled
Total
Total
Realized
Deferred
Principal
Balance
Class
Face Value
Interest
Principal
Principal
Principal
Distribution
Loss
Interest
(1)
(2)
(3)
(4)
(5)=(3)+(4)
(6)=(2)+(5)
(7)
(8)
(9)=(1)-(5)-(7)+(8)
A-1 311,948,000.00
5,850,503.96 4,677,609.86 321,245.24 19,629,874.60 25,480,378.56
0.00
0.00 292,318,125.40
A-2
54,037,000.00
1,148,016.07
0.00
0.00 54,037,000.00
A-3
40,989,000.00
908,111.32
0.00
0.00
0.00
908,111.32
0.00
0.00 40,989,000.00
A-4
17,572,000.00
404,683.15
0.00
0.00
0.00
404,683.15
0.00
0.00 17,572,000.00
A-5
47,172,000.00
1,033,538.52
0.00
0.00
0.00 1,033,538.52
0.00
0.00 47,172,000.00
M-1
20,608,000.00
428,464.64
0.00
0.00
0.00
428,464.64
0.00
0.00 20,608,000.00
M-2
16,091,000.00
340,361.53
0.00
0.00
0.00
340,361.53
0.00
0.00 16,091,000.00
M-3
7,058,000.00
154,390.32
0.00
0.00
0.00
154,390.32
0.00
0.00
7,058,000.00
M-4
5,928,000.00
138,234.79
0.00
0.00
0.00
138,234.79
0.00
0.00
5,928,000.00
M-5
5,928,000.00
143,586.46
0.00
0.00
0.00
143,586.46
0.00
0.00
5,928,000.00
M-6
5,081,000.00
123,070.64
0.00
0.00
0.00
123,070.64
0.00
0.00
5,081,000.00
M-7
5,082,000.00
123,094.86
0.00
0.00
0.00
123,094.86
0.00
0.00
5,082,000.00
M-8
3,387,000.00
82,039.01
0.00
0.00
0.00
82,039.01
0.00
0.00
3,387,000.00
M-9
5,645,000.00
136,731.70
0.00
0.00
0.00
136,731.70
0.00
0.00
5,645,000.00
CE
18,360,203.31
5,969,970.29
0.00
0.00
283,844.80 6,253,815.09
0.00
0.00 18,076,358.51
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total 564,886,203.31 16,984,797.26 4,677,609.86 321,245.24 19,913,719.40 36,898,516.66
0.00
0.00 544,972,483.91
0.00
0.00
0.00 1,148,016.07
0.00
0.00
Interest Detail -
Class
Pass
Prior Principal
Through
(with Notional)
Rate
Balance
Non-
Prior
Unscheduled
Accrued
Supported
Unpaid
Interest
Interest
Interest SF
Interest
(1)
(2)
(3)
Paid or
Current
Optimal
Deferred
Unpaid
Adjustment
Interest
Interest
Interest
(4)
(5)=(1)-(2)+
(3)+(4)
(6)
(7)=(5)-(6)
A-1
5.02250% 297,316,980.50 1,327,355.14
0.00
0.00
0.00 1,327,355.14 1,327,355.14
0.00
A-2
6.07000% 54,037,000.00
273,337.16
0.00
0.00
0.00
273,337.16
273,337.16
0.00
A-3
6.33000% 40,989,000.00
216,216.98
0.00
0.00
0.00
216,216.98
216,216.98
0.00
A-4
6.58000% 17,572,000.00
96,353.13
0.00
0.00
0.00
96,353.13
96,353.13
0.00
A-5
6.26000% 47,172,000.00
246,080.60
0.00
0.00
0.00
246,080.60
246,080.60
0.00
M-1
5.42250% 20,608,000.00
99,330.56
0.00
0.00
0.00
99,330.56
99,330.56
0.00
M-2
5.52250% 16,091,000.00
78,988.93
0.00
0.00
0.00
78,988.93
78,988.93
0.00
M-3
5.72250%
7,058,000.00
35,901.69
0.00
0.00
0.00
35,901.69
35,901.69
0.00
M-4
6.12250%
5,928,000.00
32,261.49
0.00
0.00
0.00
32,261.49
32,261.49
0.00
M-5
6.37250%
5,928,000.00
33,578.83
0.00
0.00
0.00
33,578.83
33,578.83
0.00
M-6
6.37250%
5,081,000.00
28,781.04
0.00
0.00
0.00
28,781.04
28,781.04
0.00
M-7
6.37250%
5,082,000.00
28,786.71
0.00
0.00
0.00
28,786.71
28,786.71
0.00
M-8
6.37250%
3,387,000.00
19,185.47
0.00
0.00
0.00
19,185.47
19,185.47
0.00
6.37250%
5,645,000.00
31,975.79
0.00
0.00
0.00
31,975.79
31,975.79
0.00
52.28935% 18,076,358.51
0.00
0.00
0.00
0.00
0.00
787,667.56
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
549,971,339.01 2,548,133.52
0.00
0.00
0.00 2,548,133.52 3,335,801.08
0.00
M-9
CE
R
0.00000%
Total
0.00
Page 3 of 25
2/1/2012 5:43 PM
6 of 24

Collection Account Report
SUMMARY
Total
Principal Collections
4,998,855.10
Principal Withdrawals
0.00
Principal Other Accounts
0.00
TOTAL NET PRINCIPAL
4,998,855.10
Interest Collections
3,388,371.32
Interest Withdrawals
-0.00
Interest Fees
-19,099.37
Interest Other Accounts
(33,470.87)
TOTAL NET INTEREST
3,335,801.08
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION
8,334,656.18
PRINCIPAL - COLLECTIONS
Total
Scheduled Principal Received
321,245.24
Curtailments
46,815.25
Prepayments In Full
4,630,794.61
Repurchased/Substitutions
0.00
Liquidations
0.00
Insurance Principal
0.00
Other Additional Principal
0.00
Delinquent Principal
-278,916.89
Realized Losses
-0.00
Advanced Principal
278,916.89
TOTAL PRINCIPAL COLLECTED
4,998,855.10
PRINCIPAL - WITHDRAWALS
SPACE INTENTIONALLY LEFT BLANK
PRINCIPAL - OTHER ACCOUNTS
Total
TOTAL PRINCIPAL OTHER ACCOUNTS
0.00
Page 4 of 25

INTEREST - COLLECTIONS
Total
Scheduled Interest
3,541,482.94
Repurchased/Substitution Interest
0.00
Liquidation Interest
0.00
2/1/2012 5:43 PM
7 of 24
Insurance Interest
0.00
Other Additional Interest

Prepayment Interest Shortfalls
Delinquent Interest
Compensating Interest
Civil Relief Act Shortfalls
0.00
-15,398.95
-3,154,304.33
15,398.95
-344.94
Interest Realized Loss
-0.00
Interest Advanced
3,001,537.66
TOTAL INTEREST COLLECTED
3,388,371.32
INTEREST - WITHDRAWALS
Total
Non Recoverable Advances
0.00
Extraordinary Trust Fund Expenses
0.00
TOTAL INTEREST WITHDRAWALS
0.00
INTEREST - OTHER ACCOUNTS

Total
Prepayment Charges
55,849.50
Net Swap Receipt
0.00
Net Swap Payment
89,320.37
. a) Swap Payment
(1,574,057.32)
. b) Swap Receipt
1,484,736.95
. c) Swap Termination Payment
0.00
. d) Defaulted Swap Termination Payment
0.00
TOTAL INTEREST OTHER ACCOUNTS
(33,470.87)
INTEREST FEES
Total
Current Servicing Fees
19,099.37
TOTAL INTEREST FEES
19,099.37
Page 5 of 25

Credit Enhancement Report
ACCOUNTS
Excess Reserve Fund
Beginning Balance
0.00
Amount Deposited
0.00
Amount Withdrawn
0.00
Ending Balance
0.00
Supplemental Interest Trust

Beginning Balance
0.00
Amount Deposited
1,484,736.95
2/1/2012 5:43 PM
Amount Withdrawn
1,574,057.32
Net SWAP Amount
89,320.37
Ending Balance
0.00
INSURANCE
STRUCTURAL FEATURES
Total
Overcollateralized Amount - Prior Period
18,076,358.51
Current Period Principal Realized Losses
0.00
Overcollateralized Amount - After Current Losses
18,076,358.51
Extra Principal Distribution Amount
0.00
Overcollateralization Reduction Amount
0.00
Overcollateralized Amount - Ending
18,076,358.51
Overcollateralization Deficiency Amount
0.00
Overcollateralization Excess Amount
64,744,000.00
Specified Overcollateralization Amount
18,076,358.51
Net Monthly Excess Cashflow
732,163.00
Net Monthly Excess Cashflow Allocated to :

. a) Unpaid Interest Amounts
0.00
. b) Applied Realized Loss Amounts
0.00
. c) Basis Risk Carryforward Amounts
0.00
Page 6 of 25

Collateral Report
COLLATERAL
Total
Loan Count:
Original
2,494
Prior
2,442
Prefunding
Scheduled Paid Offs
Full Voluntary Prepayments
Repurchases
Liquidations
Current
0
-0
-24
-0
-0
2,418
Principal Balance:
Original
564,886,203.31
Prior
549,971,339.01
Prefunding
8 of 24
0.00
Scheduled Principal
-321,245.24
Partial Prepayments
-46,815.25
2/1/2012 5:43 PM
9 of 24
Full Voluntary Prepayments
-4,630,794.61
Repurchases
-0.00
Liquidations
Current
-0.00
544,972,483.91
PREFUNDING
Page 7 of 25

CHARACTERISTICS
Total
Weighted Average Coupon Original
7.73309%
Weighted Average Coupon Prior
7.72898%
Weighted Average Coupon Current
7.72709%
Weighted Average Months to Maturity Original
350
Weighted Average Months to Maturity Prior
346
Weighted Average Months to Maturity Current
346
Weighted Avg Remaining Amortization Term Original
394
Weighted Avg Remaining Amortization Term Prior
391
Weighted Avg Remaining Amortization Term Current
390
Weighted Average Seasoning Original
6.34
Weighted Average Seasoning Prior
9.34
Weighted Average Seasoning Current
10.33
2/1/2012 5:43 PM
10 of 24
Page 8 of 25

ARM CHARACTERISTICS
Total
Weighted Average Margin Original
0.00000%
Weighted Average Margin Prior
0.00000%
Weighted Average Margin Current
0.00000%
Weighted Average Max Rate Original
0.00000%
Weighted Average Max Rate Prior
0.00000%
Weighted Average Max Rate Current
0.00000%
Weighted Average Min Rate Original
0.00000%
Weighted Average Min Rate Prior
0.00000%
Weighted Average Min Rate Current
0.00000%
Weighted Average Cap Up Original
0.00000%
Weighted Average Cap Up Prior
0.00000%
Weighted Average Cap Up Current
0.00000%
Weighted Average Cap Down Original
0.00000%
2/1/2012 5:43 PM
11 of 24
Weighted Average Cap Down Prior
0.00000%
Weighted Average Cap Down Current
0.00000%
SERVICING FEES & ADVANCES

Total
Current Servicing Fees
19,099.37
Delinquent Servicing Fees
152,766.68
TOTAL SERVICING FEES
171,866.05
Total Servicing Fees
171,866.05
-15,398.95
Delinquent Servicing Fees
-152,766.68
COLLECTED SERVICING FEES
3,700.42
Total Advanced Interest
3,001,537.66
Total Advanced Principal
278,916.89
Aggregate P&I Advances with respect to this Distribution
3,280,454.55
ADDITIONAL COLLATERAL INFORMATION

Total
Prepayment Interest Shortfall (PPIS)
15,398.95
(15,398.95)
Net Prepayment Interest Shortfall (PPIS)
0.00
Weighted Average Net Mortgage Rate
7.393948%
Subsequent Recoveries
0.00
Pool Factor
0.964747%
Page 9 of 25

Delinquency Report
TOTAL
0-30 Days
DELINQUENT Balance % Balance # Loans % #

Loans
FORECLOSURE Balance % Balance # Loans %

# Loans
BANKRUPTCY Balance % Balance # Loans %

# Loans
REO Balance % Balance # Loans % # Loans
61-90 Days 91-120 Days
121-150
Days
151-180
Days
13,721,322.28 9,557,029.15 1,838,809.70
31-60 Days
181 +
TOTAL
634,940.18
118,988.16
2.52%
1.75%
0.34%
0.12%
0.02%
0.00%
0.00 25,871,089.47
39
33
82
1.61%
1.36%
0.25%
0.12%
0.04%
0.00%
3.39%
4.75%
0.00
0.00
0.00%
0.00%
0.00%
0.00 7,040,978.08 3,274,367.31 3,274,476.64 2,980,998.15 16,570,820.18

1.29%
0.60%
0.60%
0.55%
26
11
11
57
0.00%
0.00%
0.00%
1.08%
0.45%
0.45%
0.37%
2.36%
860,278.13
352,766.48
226,575.00
0.00
0.00
519,701.60
0.16%
0.06%
0.04%
0.00%
0.00%
0.10%
0.04%
0.17%
0.04%
0.04%
0.00%
0.00%
0.08%
0.04%
0.37%
3.04%
194,954.35 2,154,275.56
0.40%
0.00
0.00
0.00
0.00
74,170.44
101,501.12
89,377.64
265,049.20
0.00%
0.00%
0.00%
0.00%
0.01%
0.02%
0.02%
0.05%
2/1/2012 5:43 PM
12 of 24
0.00%
0.00%
0.00%
0.00%
0.04%
0.04%
0.04%
0.12%
860,278.13 14,074,088.76 9,783,604.15 8,879,787.78 3,983,477.93 4,014,667.52 3,265,330.14 44,861,234.41
TOTAL Balance % Balance # Loans % # Loans
0.16%
2.58%
1.80%
1.63%
0.73%
0.74%
0.60%
40
34
32
15
15
11
8.23%
151
0.17%
1.65%
1.41%
1.32%
0.62%
0.62%
0.45%
6.24%
Page 10 of 25

REO Report
Loan Number
Original
Stated
Current
State &
&
Principal
Principal
Paid to
Note
LTV at
Original
Payment
First
Loan Group
Balance
Balance
Date
Rate
Origination
Term
Date
360
01-Feb-2007
Became REO Property this Period:

157212309 1
74,700.00
74,170.44 01-May-2007 7.875% MI - 90.00%
TOTAL
74,700.00
74,170.44
Became REO Property in a Prior Period:

155839681 1
101,700.00
101,501.12 01-Apr-2007 9.750% MI - 90.00%
360
01-Jan-2007
157578782 1
90,000.00
89,377.64 01-Mar-2007 8.000% GA - 74.38%
360
01-Feb-2007
TOTAL
191,700.00
190,878.76
TOTAL
266,400.00
265,049.20
Page 11 of 25
2/1/2012 5:43 PM

Foreclosure Report
Loan Number
Original
Stated
Current
State &
&
Principal
Principal
Paid to
Note
LTV at
Original
Payment
First
Loan Group
Balance
Balance
Date
Rate
Origination
Term
Date
Became Foreclosure Property this Period:

70859541 1
236,700.00
235,181.72 01-Jun-2007 8.375% VA - 90.00%
360
01-Feb-2007
71909535 1
276,000.00
274,400.17 01-Jun-2007 8.875% MD - 92.93%
360
01-Feb-2007
149722233 1
175,655.00
173,619.58 01-Jun-2007 8.375% FL - 95.00%
360
01-Jul-2006
152730164 1
480,000.00
474,165.78 01-Jun-2007 7.950% FL - 80.00%
360
01-Jul-2006
01-Dec-2006
155526791 1
64,000.00
63,491.21 01-Jun-2007 8.250% MO - 80.00%
360
155885379 1
478,775.00
478,231.47 01-Jun-2007 7.250% CA - 90.00%
360
01-Feb-2007
155915929 1
320,000.00
317,307.04 01-Jun-2007 7.000% MD - 88.89%
360
01-Feb-2007
156279721 1
324,510.00
323,310.73 01-Jun-2007 7.875% NV - 94.75%
360
01-Dec-2006
156732828 1
422,750.00
421,882.10 01-Jun-2007 9.250% CA - 95.00%
360
01-Feb-2007
156829707 1
108,000.00
107,410.34 01-Jun-2007 9.375% MA - 80.00%
360
01-Mar-2007
156893323 1
155,800.00
154,722.64 01-Jun-2007 8.000% MN - 95.00%
360
01-Feb-2007
156939514 1
45,900.00
45,574.58 01-Jun-2007 7.875% MI - 90.00%
360
01-Feb-2007
156970485 1
80,750.00
78,470.04 01-Jun-2007 8.625% TX - 95.00%
180
01-Feb-2007
156977191 1
308,750.00
306,450.29 01-Jun-2007 7.625% CA - 95.00%
360
01-Feb-2007
156987984 1
101,700.00
101,003.99 01-Jun-2007 8.250% NM - 90.00%
360
01-Feb-2007
156989782 1
255,000.00
254,368.55 01-Jun-2007 8.950% NJ - 85.00%
360
01-Jan-2007
157015728 1
391,600.00
390,358.68 01-Apr-2007 7.750% CA - 89.00%
360
01-Feb-2007
157068537 1
300,000.00
299,014.74 01-May-2007 7.625% NJ - 80.00%
360
01-Feb-2007
157095704 1
350,000.00
347,697.77 01-Jun-2007 8.250% IN - 92.11%
360
01-Feb-2007
157125857 1
163,500.00
161,491.03 01-Jun-2007 7.250% DC - 60.56%
360
01-Feb-2007
157138363 1
170,000.00
165,803.30 01-Jun-2007 6.875% MD - 42.71%
360
01-Feb-2007
157244765 1
221,500.00
220,216.01 01-May-2007 8.875% GA - 92.29%
360
01-Feb-2007
157354408 1
199,500.00
199,500.00 01-Jun-2007 8.750% FL - 95.00%
360
01-Feb-2007
157395559 1
449,000.00
445,679.84 01-Jun-2007 7.875% NC - 77.41%
360
01-Feb-2007
157451972 1
650,000.00
645,158.66 01-Jun-2007 7.625% NJ - 50.00%
360
01-Feb-2007
157490418 1
152,950.00
152,170.25 01-Jun-2007 9.500% CT - 95.00%
360
01-Feb-2007
157517103 1
270,750.00
270,173.23 01-Jun-2007 9.125% SC - 95.00%
360
01-Feb-2007
157580747 1
268,000.00
265,744.55 01-Jun-2007 7.000% FL - 80.00%
360
01-Feb-2007
157634627 1
580,000.00
577,969.22 01-Jun-2007 7.750% AZ - 80.00%
360
01-Feb-2007
TOTAL
8,001,090.00
7,950,567.51
Became Foreclosure Property in a Prior Period:
13 of 24
70303995 1
234,807.00
234,147.49 01-Apr-2007 8.375% FL - 89.28%
360
01-Jan-2007
71447916 1
566,000.00
561,887.16 01-Mar-2007 7.750% AZ - 89.98%
360
01-Feb-2007
147890214 1
143,984.00
141,170.02 01-Apr-2007 7.625% FL - 89.99%
360
01-Nov-2005
152567921 1
84,456.00
83,601.68 01-Mar-2007 8.875% PA - 90.00%
360
01-Jul-2006
155735442 1
163,800.00
163,155.93 01-May-2007 7.950% NC - 90.00%
360
01-Nov-2006
155865843 1
152,100.00
151,779.70 01-Mar-2007 9.500% NY - 89.47%
360
01-Jan-2007
156590689 1
585,000.00
583,024.93 01-Mar-2007 7.875% NY - 90.00%
360
01-Jan-2007
2/1/2012 5:43 PM
14 of 24
156593584 1
295,400.00
294,705.18 01-Apr-2007 9.125% AZ - 94.98%
360
01-Jan-2007
156618415 1
450,000.00
448,930.19 01-Apr-2007 8.750% CA - 93.75%
360
01-Feb-2007
156819062 1
481,500.00
478,488.29 01-May-2007 8.500% NJ - 90.00%
360
01-Feb-2007
275,500.00
273,597.66 01-May-2007 8.500% PA - 95.00%
360
01-Jan-2007
156882292 1
Page 12 of 25

Loan Number
Original
Stated
Current
State &
&
Principal
Principal
Paid to
Note
LTV at
Original
Payment
First
Loan Group
Balance
Balance
Date
Rate
Origination
Term
Date
156966905 1
222,000.00
220,426.24 01-Mar-2007 7.875% NJ - 89.16%
360
01-Feb-2007
157079922 1
332,500.00
331,746.15 01-May-2007 9.250% MA - 95.00%
360
01-Jan-2007
157084492 1
130,150.00
129,407.02 01-May-2007 8.950% NM - 95.00%
360
01-Feb-2007
157097916 1
500,000.00
498,175.68 01-May-2007 7.250% ID - 85.47%
360
01-Feb-2007
157112921 1
188,000.00
187,599.14 01-Mar-2007 8.750% FL - 80.00%
360
01-Mar-2007
157113051 1
304,000.00
303,250.46 01-Mar-2007 8.625% FL - 95.00%
360
01-Feb-2007
157119736 1
122,000.00
121,219.17 01-Apr-2007 8.875% MD - 100.00%
360
01-Jan-2007
157126475 1
472,500.00
471,428.84 01-Mar-2007 9.250% AZ - 90.00%
360
01-Jan-2007
157137936 1
84,800.00
84,534.71 01-May-2007 8.625% AL - 89.26%
360
01-Feb-2007
157170622 1
132,300.00
131,451.31 01-Apr-2007 8.375% WV - 90.00%
360
01-Feb-2007
157282534 1
270,000.00
268,375.31 01-Apr-2007 8.750% ME - 90.00%
360
01-Feb-2007
157382482 1
484,500.00
483,069.70 01-Apr-2007 8.000% CA - 95.00%
360
01-Feb-2007
157426073 1
634,500.00
634,494.81 01-Apr-2007 8.375% CA - 90.00%
360
01-Feb-2007
157475112 1
429,055.00
428,920.92 01-May-2007 7.500% CA - 80.00%
360
01-Feb-2007
157515248 1
418,000.00
418,000.00 01-Mar-2007 8.000% PA - 95.00%
360
01-Mar-2007
157620501 1
368,500.00
367,110.20 01-May-2007 7.250% CA - 88.80%
360
01-Feb-2007
157670878 1
126,825.00
126,554.78 01-Apr-2007 9.125% MI - 95.00%
360
01-Feb-2007
TOTAL
8,652,177.00 8,620,252.67
TOTAL
16,653,267.00 16,570,820.18
Page 13 of 25

Prepayment Report
VOLUNTARY PREPAYMENTS
Total
Current
2/1/2012 5:43 PM
15 of 24
Number of Paid in Full Loans
24
Number of Repurchased Loans
Total Number of Loans Prepaid in Full

Curtailments Amount
Paid in Full Balance
24
46,815.25
4,630,794.61
Repurchased Loans Balance

Total Prepayment Amount
0.00
4,677,609.86
Cumulative
Number of Paid in Full Loans
75
Number of Repurchased Loans
Total Number of Loans Prepaid in Full

Paid in Full Balance
75
17,545,272.80
Repurchased Loans Balance

Curtailments Amount
Total Prepayment Amount
0.00
642,078.47
18,187,351.27
Page 14 of 25

PREPAYMENTS RATES
Total
SMM
0.85%
3 Months Avg SMM
0.58%
12 Months Avg SMM
0.66%
Avg SMM Since Cut-off
0.66%
CPR
9.75%
3 Months Avg CPR
6.71%
12 Months Avg CPR
7.61%
Avg CPR Since Cut-off
7.61%
2/1/2012 5:43 PM
16 of 24
PSA
471.64%
3 Months Avg PSA Approximation
359.55%
12 Months Avg PSA Approximation
456.65%
Avg PSA Since Cut-off Approximation
456.65%
Page 15 of 25

2/1/2012 5:43 PM
17 of 24
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/(0.20%*min(30,WAS))
Average SMM over period between nth month and mth month (AvgSMMn,m): 1 - [(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/(0.20%*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 16 of 25

2/1/2012 5:43 PM
18 of 24
Prepayment Detail Report

Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number
Original
&
Loan
Principal
Loan Group
Status
Balance
Prepayment Prepayment
Amount
Date
Current
State &
Type Prepayment
First
Note
LTV at
&
Payment
Rate
Origination
Original Term
Date
62708714 1
145,800.00 145,396.01 10-Oct-2007 8.875% WI - 90.00%
Paid Off - 360 01-Nov-2006
69353654 1
186,500.00 185,110.99 01-Oct-2007 7.750% ME - 55.42%
Paid Off - 360 01-Jan-2007
70876651 1
64,350.00
63,979.77 01-Oct-2007 8.375% GA - 90.00%
71149124 1
60,000.00
59,608.85 24-Oct-2007 7.750% SD - 34.09%
Paid Off - 360 01-Feb-2007

Paid Off - 360 01-Feb-2007
71726566 1
65,280.00
64,843.78 03-Oct-2007 7.625% MN - 80.00%
Paid Off - 360 01-Feb-2007
71728711 1
237,600.00 236,089.20 15-Oct-2007 7.875%
FL - 80.00%
Paid Off - 360 01-Feb-2007
71782023 1
212,500.00 211,871.64 26-Oct-2007 8.375% WA - 85.00%
Paid Off - 360 01-Feb-2007
155618069 1
294,500.00 140,141.03 09-Oct-2007 8.500% WA - 95.00%
Paid Off - 360 01-Nov-2006
155875891 1
310,000.00 309,051.57 25-Oct-2007 7.875% DE - 78.09%
Paid Off - 360 01-Jan-2007
156483455 1
265,000.00 264,265.99 29-Oct-2007 8.375% IL - 100.00%
Paid Off - 360 01-Jan-2007
156526444 1
385,000.00 382,237.11 02-Oct-2007 8.000% WA - 70.00%
Paid Off - 360 01-Jan-2007
156691461 1
142,500.00 141,720.57 08-Oct-2007 8.625% UT - 95.00%
Paid Off - 360 01-Feb-2007
156874596 1
73,150.00
72,714.14 30-Oct-2007 8.750% GA - 95.00%
Paid Off - 360 01-Jan-2007
156910952 1
294,000.00 291,651.69 23-Oct-2007 7.375% AZ - 42.00%
Paid Off - 360 01-Jan-2007
156923567 1
307,000.00 304,746.61 02-Oct-2007 7.375% WA - 84.11%
Paid Off - 360 01-Feb-2007
156976243 1
290,000.00 281,303.38 15-Oct-2007 6.625% MD - 61.05%
Paid Off - 180 01-Feb-2007
157033275 1
167,500.00 164,265.98 16-Oct-2007 6.250%
Paid Off - 240 01-Feb-2007
157086927 1
128,000.00 126,974.34 01-Oct-2007 6.750% LA - 80.00%
157125063 1
90,250.00
FL - 58.77%
89,699.53 31-Oct-2007 8.625% MO - 95.00%
Paid Off - 360 01-Feb-2007

Paid Off - 360 01-Jan-2007
157171109 1
276,300.00 221,993.73 15-Oct-2007 7.500%
SC - 90.00%
Paid Off - 180 01-Jan-2007
157226614 1
362,700.00 360,423.20 04-Oct-2007 8.125% DC - 90.00%
Paid Off - 360 01-Feb-2007
157400995 1
160,000.00 158,997.60 26-Oct-2007 7.950%
IL - 76.19%
Paid Off - 360 01-Feb-2007
157486606 1
261,250.00 259,784.54 26-Oct-2007 8.500%
PA - 95.00%
Paid Off - 360 01-Feb-2007
93,923.36 29-Oct-2007 8.125% KY - 100.00%
Paid Off - 360 01-Feb-2007
157707316 1
TOTAL
94,500.00
4,873,680.00 4,630,794.61
Page 17 of 25

Realized Loss Report
COLLATERAL REALIZED LOSSES
Total
Current
Number of Loans Liquidated
0.00
Collateral Principal Realized Loss/(Gain) Amount
0.00
Collateral Interest Realized Loss/(Gain) Amount
0.00
Net Liquidation Proceeds
0.00
Cumulative
2/1/2012 5:43 PM
19 of 24
Number of Loans Liquidated
0.00
Collateral Realized Loss/(Gain) Amount
33,964.96
Net Liquidation Proceeds
80,529.67
Current Applied Realized Loss CE
0.00
Current Applied Realized Loss M-9
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Page 18 of 25

DEFAULT SPEEDS
Total
MDR
0.00%
3 Months Avg MDR
0.00%
12 Months Avg MDR
0.00%
Avg MDR Since Cut-off
0.00%
CDR
0.00%
3 Months Avg CDR
0.00%
12 Months Avg CDR
0.05%
Avg CDR Since Cut-off
0.05%
2/1/2012 5:43 PM
20 of 24
SDA
0.00%
3 Months Avg SDA Approximation
0.00%
12 Months Avg SDA Approximation
29.42%
Avg SDA Since Cut-off Approximation
29.42%
Loss Severity Approximation for Current Period
0.00%
3 Months Avg Loss Severity Approximation
0.00%
12 Months Avg Loss Severity Approximation
29.67%
Avg Loss Severity Approximation Since Cut-off
29.67%
Page 19 of 25

2/1/2012 5:43 PM
21 of 24
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.
Charged off or Partially Charged off Loans assumed to have a minimum 100% Loss Severity Percentage.
Page 20 of 25
2/1/2012 5:43 PM
22 of 24

Realized Loss Detail Report
Loan Number Current State &
&
Loan
Loan Group Status
Note
Prior
LTV at
Realized
Cumulative
Original Principal Loss/(Gain) Realized
Rate Origination Term
Balance
Realized
Revision Loss/(Gain) Loss/(Gain)
TOTAL
Page 21 of 25

Triggers and Adj. Cert. Report
TRIGGER EVENTS
Total
Stepdown Date has occurred
No
Step Down-Distribution Date July 2010

Trigger Event in effect (if either (i) or (ii) are true)
No
(i)If (A)>(B)
(1) Delinquency %
(A) 60+ Day Deliquent Mortgage Loan Balance
4.2677%
31,139,912.13
544,972,483.91
Prior Senior Enhancement Percentage
16.8889%
(B) Senior Specified Enhancement %
17.0439%
(ii)If (A)>(B)
(A) Cumulative Loss Percentage (1/2)
(1) Cumulative Realized Loss
(2) Cutoff Pool Balance
(B) Applicable Loss Percentage
Servicer Event of Default?
0.0060%
33,964.96
564,886,203.31
100.0000%
No
Has Optional Termination Date Reached ?
No
Does an Event of Default Exist?
No
ADJUSTABLE RATE CERTIFICATE INFORMATION

Page 22 of 25
2/1/2012 5:43 PM
23 of 24

ADDITIONAL INFORMATION
Total
Current LIBOR Rate
4.872500%
Current LIBOR Determination Date
10/23/2007
Next LIBOR Rate
4.788750%
Next LIBOR Determination Date
11/22/2007
Current Swap LIBOR Rate
4.872500%
# of Loans affected by Relief Act
0.00
Page 23 of 25

Additional Certificate
Report
ADDITIONAL CERTIFICATE REPORT
NET WAC Shortfall
Prior (1)
Interest 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
A-1
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
A-2
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
A-3
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
A-4
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
A-5
$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
M-2
$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
M-4
$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
M-6
$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
M-8
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
M-9
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Page 24 of 25

Other Related Information
ADDITIONAL INFORMATION
2/1/2012 5:43 PM
24 of 24
Total
Scheduled Payments for all Mortgage Loans
3,862,728.18
Current Scheduled Payments 1 Month Prior
3,879,941.03
3,900,383.99
3,930,358.71
3,961,764.36
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Sched. Payments for 60+Day Delinquent Loans
225,712.59
Sched. Pmts - 60+Day Delinquent Loans, 1 Month Prior
180,482.58
98,420.26
65,543.70
24,721.39
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Page 25 of 25
2/1/2012 5:43 PM

BCAPB LLC Trust 2007-AB1 (Form - 10-D, Received - 12 - 07 - 2007 14 - 17 - 03)

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