| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 9/1/2006 |
| |
| Performance Summary | |
| Current Pool Factor | 49.96% |
| |
| Delinquency Status (*) | |
| 30+ Days | 5.85% |
| 60+ Days | 2.10% |
| 90+ Days | 1.04% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 1.38% |
| Foreclosure | 4.46% |
| REO | 1.13% |
| |
| Cumulative Net Loss | 0.10% |
| Loss Severity | 18.01% |
| |
| Prepayment Experience | |
| 1mo CPR | 33.34% |
| 3mo CPR | 33.33% |
| 6mo CPR | 35.10% |
| 9mo CPR | 36.58% |
| 12mo CPR | 38.87% |
| Life CPR | 36.42% |
|