| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 6/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 20.28% |
| |
| Delinquency Status (*) | |
| 30+ Days | 10.37% |
| 60+ Days | 6.36% |
| 90+ Days | 4.02% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.55% |
| Foreclosure | 9.85% |
| REO | 6.64% |
| |
| Cumulative Net Loss | 1.61% |
| Loss Severity | 62.12% |
| |
| Prepayment Experience | |
| 1mo CPR | 18.32% |
| 3mo CPR | 20.21% |
| 6mo CPR | 24.47% |
| 9mo CPR | 27.85% |
| 12mo CPR | 27.92% |
| Life CPR | 38.24% |
|