| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 6/1/2006 |
| |
| Performance Summary | |
| Current Pool Factor | 55.43% |
| |
| Delinquency Status (*) | |
| 30+ Days | 4.93% |
| 60+ Days | 1.84% |
| 90+ Days | 1.04% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 1.00% |
| Foreclosure | 3.80% |
| REO | 0.59% |
| |
| Cumulative Net Loss | 0.08% |
| Loss Severity | 15.07% |
| |
| Prepayment Experience | |
| 1mo CPR | 39.75% |
| 3mo CPR | 36.69% |
| 6mo CPR | 38.03% |
| 9mo CPR | 40.62% |
| 12mo CPR | 39.77% |
| Life CPR | 37.03% |
|