| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 1/1/2006 |
| |
| Performance Summary | |
| Current Pool Factor | 67.21% |
| |
| Delinquency Status (*) | |
| 30+ Days | 6.54% |
| 60+ Days | 3.57% |
| 90+ Days | 2.30% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 1.13% |
| Foreclosure | 2.01% |
| REO | 0.28% |
| |
| Cumulative Net Loss | 0.04% |
| Loss Severity | 11.01% |
| |
| Prepayment Experience | |
| 1mo CPR | 45.01% |
| Life CPR | NA |
|