| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 10/1/2006 |
| |
| Performance Summary | |
| Current Pool Factor | 48.02% |
| |
| Delinquency Status (*) | |
| 30+ Days | 6.12% |
| 60+ Days | 2.16% |
| 90+ Days | 1.12% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 1.62% |
| Foreclosure | 4.60% |
| REO | 1.39% |
| |
| Cumulative Net Loss | 0.11% |
| Loss Severity | 11.69% |
| |
| Prepayment Experience | |
| 1mo CPR | 37.22% |
| 3mo CPR | 33.06% |
| 6mo CPR | 35.26% |
| 9mo CPR | 35.63% |
| 12mo CPR | 38.69% |
| Life CPR | 36.47% |
|