| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 2/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 22.05% |
| |
| Delinquency Status (*) | |
| 30+ Days | 12.28% |
| 60+ Days | 6.89% |
| 90+ Days | 4.37% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.54% |
| Foreclosure | 9.76% |
| REO | 5.85% |
| |
| Cumulative Net Loss | 1.16% |
| Loss Severity | 55.37% |
| |
| Prepayment Experience | |
| 1mo CPR | 31.94% |
| 3mo CPR | 34.12% |
| 6mo CPR | 31.94% |
| 9mo CPR | 31.64% |
| 12mo CPR | 33.71% |
| Life CPR | 39.91% |
|