| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 10/1/2005 |
| |
| Performance Summary | |
| Current Pool Factor | 79.11% |
| |
| Delinquency Status (*) | |
| 30+ Days | 3.75% |
| 60+ Days | 1.00% |
| 90+ Days | 0.45% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 0.54% |
| Foreclosure | 1.24% |
| REO | 0.13% |
| |
| Cumulative Net Loss | 0.00% |
| Loss Severity | 1.89% |
| |
| Prepayment Experience | |
| 1mo CPR | 39.40% |
| 3mo CPR | 38.24% |
| 6mo CPR | 33.89% |
| Life CPR | 32.45% |
|