| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 3/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 17.60% |
| |
| Delinquency Status (*) | |
| 30+ Days | 18.50% |
| 60+ Days | 13.61% |
| 90+ Days | 10.72% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.32% |
| Foreclosure | 7.52% |
| REO | 3.43% |
| |
| Cumulative Net Loss | 2.80% |
| Loss Severity | 64.71% |
| |
| Prepayment Experience | |
| 1mo CPR | 11.76% |
| 3mo CPR | 13.05% |
| 6mo CPR | 14.39% |
| 9mo CPR | 16.13% |
| 12mo CPR | 17.16% |
| Life CPR | 34.63% |
|