| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 9/1/2007 |
| |
| Performance Summary | |
| Current Pool Factor | 26.13% |
| |
| Delinquency Status (*) | |
| 30+ Days | 9.76% |
| 60+ Days | 4.40% |
| 90+ Days | 2.16% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.25% |
| Foreclosure | 7.25% |
| REO | 4.89% |
| |
| Cumulative Net Loss | 0.67% |
| Loss Severity | 40.28% |
| |
| Prepayment Experience | |
| 1mo CPR | 26.83% |
| 3mo CPR | 28.20% |
| 6mo CPR | 32.31% |
| 9mo CPR | 41.11% |
| 12mo CPR | 47.31% |
| Life CPR | 40.99% |
|