| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 5/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 20.65% |
| |
| Delinquency Status (*) | |
| 30+ Days | 11.35% |
| 60+ Days | 6.69% |
| 90+ Days | 4.14% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.37% |
| Foreclosure | 10.90% |
| REO | 6.30% |
| |
| Cumulative Net Loss | 1.48% |
| Loss Severity | 48.80% |
| |
| Prepayment Experience | |
| 1mo CPR | 17.15% |
| 3mo CPR | 22.19% |
| 6mo CPR | 28.35% |
| 9mo CPR | 28.76% |
| 12mo CPR | 29.31% |
| Life CPR | 38.68% |
|