| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 11/1/2005 |
| |
| Performance Summary | |
| Current Pool Factor | 75.26% |
| |
| Delinquency Status (*) | |
| 30+ Days | 1.97% |
| 60+ Days | 0.67% |
| 90+ Days | 0.23% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 0.84% |
| Foreclosure | 1.57% |
| REO | 0.24% |
| |
| Cumulative Net Loss | 0.02% |
| Loss Severity | 51.22% |
| |
| Prepayment Experience | |
| 1mo CPR | 44.56% |
| 3mo CPR | 41.35% |
| 6mo CPR | 37.35% |
| Life CPR | 34.10% |
|