| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 9/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 19.15% |
| |
| Delinquency Status (*) | |
| 30+ Days | 12.43% |
| 60+ Days | 6.42% |
| 90+ Days | 4.24% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.31% |
| Foreclosure | 8.88% |
| REO | 6.39% |
| |
| Cumulative Net Loss | 2.07% |
| Loss Severity | 61.00% |
| |
| Prepayment Experience | |
| 1mo CPR | 22.59% |
| 3mo CPR | 19.53% |
| 6mo CPR | 19.85% |
| 9mo CPR | 22.84% |
| 12mo CPR | 25.84% |
| Life CPR | 37.07% |
|