| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 12/1/2007 |
| |
| Performance Summary | |
| Current Pool Factor | 23.48% |
| |
| Delinquency Status (*) | |
| 30+ Days | 10.14% |
| 60+ Days | 5.16% |
| 90+ Days | 3.16% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.08% |
| Foreclosure | 9.25% |
| REO | 5.41% |
| |
| Cumulative Net Loss | 0.95% |
| Loss Severity | 51.74% |
| |
| Prepayment Experience | |
| 1mo CPR | 40.37% |
| 3mo CPR | 34.29% |
| 6mo CPR | 31.34% |
| 9mo CPR | 33.00% |
| 12mo CPR | 39.49% |
| Life CPR | 40.42% |
|