| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 2/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 17.80% |
| |
| Delinquency Status (*) | |
| 30+ Days | 17.09% |
| 60+ Days | 11.97% |
| 90+ Days | 9.46% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.57% |
| Foreclosure | 7.78% |
| REO | 4.07% |
| |
| Cumulative Net Loss | 2.70% |
| Loss Severity | 71.03% |
| |
| Prepayment Experience | |
| 1mo CPR | 8.17% |
| 3mo CPR | 14.03% |
| 6mo CPR | 16.22% |
| 9mo CPR | 16.83% |
| 12mo CPR | 18.18% |
| Life CPR | 35.05% |
|