| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 1/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 22.79% |
| |
| Delinquency Status (*) | |
| 30+ Days | 14.60% |
| 60+ Days | 7.72% |
| 90+ Days | 4.03% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.19% |
| Foreclosure | 9.79% |
| REO | 5.09% |
| |
| Cumulative Net Loss | 1.04% |
| Loss Severity | 53.56% |
| |
| Prepayment Experience | |
| 1mo CPR | 29.53% |
| 3mo CPR | 36.20% |
| 6mo CPR | 31.74% |
| 9mo CPR | 31.82% |
| 12mo CPR | 35.62% |
| Life CPR | 40.13% |
|