| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 12/1/2005 |
| |
| Performance Summary | |
| Current Pool Factor | 70.70% |
| |
| Delinquency Status (*) | |
| 30+ Days | 5.03% |
| 60+ Days | 1.87% |
| 90+ Days | 0.69% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 1.01% |
| Foreclosure | 1.76% |
| REO | 0.28% |
| |
| Cumulative Net Loss | 0.03% |
| Loss Severity | 26.96% |
| |
| Prepayment Experience | |
| 1mo CPR | NA |
| Life CPR | NA |
|