| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 8/1/2007 |
| |
| Performance Summary | |
| Current Pool Factor | 26.84% |
| |
| Delinquency Status (*) | |
| 30+ Days | 8.77% |
| 60+ Days | 3.48% |
| 90+ Days | 1.80% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.03% |
| Foreclosure | 7.20% |
| REO | 4.68% |
| |
| Cumulative Net Loss | 0.60% |
| Loss Severity | 41.55% |
| |
| Prepayment Experience | |
| 1mo CPR | 30.71% |
| 3mo CPR | 31.00% |
| 6mo CPR | 35.38% |
| 9mo CPR | 48.52% |
| 12mo CPR | 47.73% |
| Life CPR | 41.43% |
|