| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 11/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 18.55% |
| |
| Delinquency Status (*) | |
| 30+ Days | 12.49% |
| 60+ Days | 6.68% |
| 90+ Days | 4.71% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.46% |
| Foreclosure | 9.09% |
| REO | 5.41% |
| |
| Cumulative Net Loss | 2.37% |
| Loss Severity | 67.82% |
| |
| Prepayment Experience | |
| 1mo CPR | 15.89% |
| 3mo CPR | 18.36% |
| 6mo CPR | 18.20% |
| 9mo CPR | 19.52% |
| 12mo CPR | 23.42% |
| Life CPR | 36.26% |
|