| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 1/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 17.95% |
| |
| Delinquency Status (*) | |
| 30+ Days | 16.30% |
| 60+ Days | 11.72% |
| 90+ Days | 7.90% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.50% |
| Foreclosure | 8.00% |
| REO | 4.04% |
| |
| Cumulative Net Loss | 2.63% |
| Loss Severity | 61.78% |
| |
| Prepayment Experience | |
| 1mo CPR | 18.83% |
| 3mo CPR | 16.52% |
| 6mo CPR | 17.85% |
| 9mo CPR | 17.76% |
| 12mo CPR | 20.19% |
| Life CPR | 35.53% |
|