| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 4/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 17.37% |
| |
| Delinquency Status (*) | |
| 30+ Days | 17.93% |
| 60+ Days | 14.06% |
| 90+ Days | 11.32% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.99% |
| Foreclosure | 7.53% |
| REO | 3.19% |
| |
| Cumulative Net Loss | 2.87% |
| Loss Severity | 52.61% |
| |
| Prepayment Experience | |
| 1mo CPR | 13.14% |
| 3mo CPR | 11.07% |
| 6mo CPR | 13.85% |
| 9mo CPR | 15.66% |
| 12mo CPR | 16.15% |
| Life CPR | 34.26% |
|