| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 2/1/2006 |
| |
| Performance Summary | |
| Current Pool Factor | 64.66% |
| |
| Delinquency Status (*) | |
| 30+ Days | 5.75% |
| 60+ Days | 2.14% |
| 90+ Days | 1.08% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 1.02% |
| Foreclosure | 2.34% |
| REO | 0.43% |
| |
| Cumulative Net Loss | 0.05% |
| Loss Severity | 37.55% |
| |
| Prepayment Experience | |
| 1mo CPR | 36.48% |
| 3mo CPR | 44.96% |
| 6mo CPR | 43.19% |
| 9mo CPR | 40.00% |
| Life CPR | 37.26% |
|