| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 7/1/2007 |
| |
| Performance Summary | |
| Current Pool Factor | 27.70% |
| |
| Delinquency Status (*) | |
| 30+ Days | 8.14% |
| 60+ Days | 3.19% |
| 90+ Days | 1.77% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 2.92% |
| Foreclosure | 7.09% |
| REO | 4.43% |
| |
| Cumulative Net Loss | 0.49% |
| Loss Severity | 44.10% |
| |
| Prepayment Experience | |
| 1mo CPR | 26.94% |
| 3mo CPR | 31.89% |
| 6mo CPR | 39.23% |
| 9mo CPR | 51.63% |
| 12mo CPR | 47.58% |
| Life CPR | 41.78% |
|