EX-31 Rule 13a-14(d)/15d-14(d) Certification.
IXIS Real Estate Capital Trust 2007-HE1 Mortgage Pass-Through
Certificates, Series 2007-HE1, issued pursuant to the Pooling and
Servicing Agreement dated as of January 1, 2007 (the "Pooling and
Servicing Agreement"), among ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ABS Capital I Inc., as
depositor (the "Depositor"), Saxon Mortgage Services, Inc., as the
servicer ("Saxon" and the "Servicer"), IXIS Real Estate Capital Inc., as
unaffiliated seller (the "Unaffiliated Seller"), Deutsche Bank National
Trust Company, as trustee and custodian (in each such capacity,
respectively, the "Trustee" and the "Custodian") and ▇▇▇▇▇ Fargo Bank,
National Association, as securities administrator and master servicer (in
each such capacity, respectively, the "Securities Administrator" and the
"Master Servicer").
I, ▇▇▇▇▇▇▇ ▇▇▇, certify that:
1.I have reviewed this annual report on Form 10-K ("Annual Report"), and
all reports on Form 10-D containing distribution or servicing reports
(collectively with this Annual Report, the "Reports") required to be
filed in the periods covered by this Annual Report of the Depositor
relating to the above-referenced trust and series of certificates;
2.Based on my knowledge, the Reports, taken as a whole, does not contain
any untrue statement of a material fact or omit to state a material
fact necessary to make the statements made, in light of the
circumstances under which such statements were made, not misleading
with respect to the period covered by this Annual Report;
3.Based on my knowledge, all of the distribution, servicing and other
information required to be provided on Form 10-D for the period covered
by this Annual Report is included in the Reports;
4.Based on my knowledge and the compliance statements required in this
Annual Report under Item 1123 of Regulation AB, and except as disclosed
in the Reports, the Servicer and the Master Servicer has fulfilled its
obligations under the Pooling and Servicing Agreement in all material
respects; and
5.All of the reports on assessment of compliance with servicing criteria
for asset-backed securities and their related attestation reports on
assessment of compliance with servicing criteria required to be
included in this Annual Report in accordance with Item 1122 of
Regulation AB and Exchange Act Rules 13a-18 and 15d-18 have been
included as an exhibit to this Annual Report, except as otherwise
disclosed in this Annual Report. Any material instances of
non-compliance described in such reports have been disclosed in this
Annual Report.
In giving the certifications above, I have reasonably relied on
information provided to me by the following unaffiliated parties:
Deutsche Bank National Trust Company as Custodian and ▇▇▇▇▇ Fargo Bank,
N.A. as Master Servicer and as Securities Administrator.
Dated: April 1, 2008
Signature
/s/ ▇▇▇▇▇▇▇ ▇▇▇
Vice President
(senior officer in charge of securitization of the depositor)