| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 4/1/2006 |
| |
| Performance Summary | |
| Current Pool Factor | 59.94% |
| |
| Delinquency Status (*) | |
| 30+ Days | 4.89% |
| 60+ Days | 1.89% |
| 90+ Days | 1.03% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 0.88% |
| Foreclosure | 3.04% |
| REO | 0.58% |
| |
| Cumulative Net Loss | 0.05% |
| Loss Severity | 15.80% |
| |
| Prepayment Experience | |
| 1mo CPR | 36.25% |
| 3mo CPR | 36.14% |
| 6mo CPR | 42.03% |
| 9mo CPR | 40.79% |
| 12mo CPR | 38.10% |
| Life CPR | 37.06% |
|