| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 12/1/2006 |
| |
| Performance Summary | |
| Current Pool Factor | 39.09% |
| |
| Delinquency Status (*) | |
| 30+ Days | 6.96% |
| 60+ Days | 3.02% |
| 90+ Days | 1.54% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 1.96% |
| Foreclosure | 5.88% |
| REO | 1.92% |
| |
| Cumulative Net Loss | 0.19% |
| Loss Severity | 36.47% |
| |
| Prepayment Experience | |
| 1mo CPR | 78.18% |
| 3mo CPR | 62.22% |
| 6mo CPR | 49.87% |
| 9mo CPR | 45.85% |
| 12mo CPR | 44.30% |
| Life CPR | 40.97% |
|