| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 7/1/2006 |
| |
| Performance Summary | |
| Current Pool Factor | 53.22% |
| |
| Delinquency Status (*) | |
| 30+ Days | 6.00% |
| 60+ Days | 2.58% |
| 90+ Days | 1.63% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 0.86% |
| Foreclosure | 3.35% |
| REO | 0.74% |
| |
| Cumulative Net Loss | 0.10% |
| Loss Severity | 24.27% |
| |
| Prepayment Experience | |
| 1mo CPR | 37.98% |
| 3mo CPR | 37.27% |
| 6mo CPR | 36.77% |
| 9mo CPR | 40.47% |
| 12mo CPR | 39.92% |
| Life CPR | 37.09% |
|