| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 11/1/2006 |
| |
| Performance Summary | |
| Current Pool Factor | 44.41% |
| |
| Delinquency Status (*) | |
| 30+ Days | 6.01% |
| 60+ Days | 2.42% |
| 90+ Days | 1.17% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 1.72% |
| Foreclosure | 5.52% |
| REO | 1.48% |
| |
| Cumulative Net Loss | 0.14% |
| Loss Severity | 30.09% |
| |
| Prepayment Experience | |
| 1mo CPR | 60.44% |
| 3mo CPR | 45.14% |
| 6mo CPR | 40.59% |
| 9mo CPR | 38.93% |
| 12mo CPR | 40.39% |
| Life CPR | 37.95% |
|