| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 3/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 21.53% |
| |
| Delinquency Status (*) | |
| 30+ Days | 11.84% |
| 60+ Days | 7.09% |
| 90+ Days | 4.45% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.76% |
| Foreclosure | 10.32% |
| REO | 6.08% |
| |
| Cumulative Net Loss | 1.27% |
| Loss Severity | 53.72% |
| |
| Prepayment Experience | |
| 1mo CPR | 24.30% |
| 3mo CPR | 28.66% |
| 6mo CPR | 31.54% |
| 9mo CPR | 30.46% |
| 12mo CPR | 31.95% |
| Life CPR | 39.52% |
|