| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 4/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 21.00% |
| |
| Delinquency Status (*) | |
| 30+ Days | 10.91% |
| 60+ Days | 6.55% |
| 90+ Days | 4.71% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.48% |
| Foreclosure | 10.26% |
| REO | 5.86% |
| |
| Cumulative Net Loss | 1.42% |
| Loss Severity | 59.68% |
| |
| Prepayment Experience | |
| 1mo CPR | 25.03% |
| 3mo CPR | 27.09% |
| 6mo CPR | 31.75% |
| 9mo CPR | 30.16% |
| 12mo CPR | 30.61% |
| Life CPR | 39.18% |
|