| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 8/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 19.58% |
| |
| Delinquency Status (*) | |
| 30+ Days | 10.44% |
| 60+ Days | 5.90% |
| 90+ Days | 3.79% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.40% |
| Foreclosure | 9.53% |
| REO | 6.71% |
| |
| Cumulative Net Loss | 1.88% |
| Loss Severity | 59.26% |
| |
| Prepayment Experience | |
| 1mo CPR | 18.41% |
| 3mo CPR | 18.07% |
| 6mo CPR | 20.13% |
| 9mo CPR | 25.04% |
| 12mo CPR | 26.19% |
| Life CPR | 37.39% |
|