| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 10/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 18.84% |
| |
| Delinquency Status (*) | |
| 30+ Days | 11.54% |
| 60+ Days | 7.05% |
| 90+ Days | 4.17% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.31% |
| Foreclosure | 8.88% |
| REO | 6.12% |
| |
| Cumulative Net Loss | 2.23% |
| Loss Severity | 59.12% |
| |
| Prepayment Experience | |
| 1mo CPR | 16.44% |
| 3mo CPR | 19.18% |
| 6mo CPR | 18.40% |
| 9mo CPR | 21.39% |
| 12mo CPR | 25.35% |
| Life CPR | 36.66% |
|