| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 12/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 18.29% |
| |
| Delinquency Status (*) | |
| 30+ Days | 14.47% |
| 60+ Days | 9.43% |
| 90+ Days | 5.79% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.52% |
| Foreclosure | 8.88% |
| REO | 4.82% |
| |
| Cumulative Net Loss | 2.49% |
| Loss Severity | 68.00% |
| |
| Prepayment Experience | |
| 1mo CPR | 14.78% |
| 3mo CPR | 15.70% |
| 6mo CPR | 17.63% |
| 9mo CPR | 18.49% |
| 12mo CPR | 21.12% |
| Life CPR | 35.85% |
|