| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 4/1/2007 |
| |
| Performance Summary | |
| Current Pool Factor | 30.53% |
| |
| Delinquency Status (*) | |
| 30+ Days | 7.20% |
| 60+ Days | 3.39% |
| 90+ Days | 1.75% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 2.55% |
| Foreclosure | 6.88% |
| REO | 3.53% |
| |
| Cumulative Net Loss | 0.33% |
| Loss Severity | 42.46% |
| |
| Prepayment Experience | |
| 1mo CPR | 39.97% |
| 3mo CPR | 45.78% |
| 6mo CPR | 59.27% |
| 9mo CPR | 51.99% |
| 12mo CPR | 48.71% |
| Life CPR | 42.88% |
|