| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 7/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 19.94% |
| |
| Delinquency Status (*) | |
| 30+ Days | 10.36% |
| 60+ Days | 6.06% |
| 90+ Days | 4.34% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.22% |
| Foreclosure | 9.44% |
| REO | 6.78% |
| |
| Cumulative Net Loss | 1.76% |
| Loss Severity | 67.82% |
| |
| Prepayment Experience | |
| 1mo CPR | 17.54% |
| 3mo CPR | 17.64% |
| 6mo CPR | 22.48% |
| 9mo CPR | 27.30% |
| 12mo CPR | 27.18% |
| Life CPR | 37.79% |
|