| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 5/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 17.22% |
| |
| Delinquency Status (*) | |
| 30+ Days | 19.36% |
| 60+ Days | 14.28% |
| 90+ Days | 12.15% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.86% |
| Foreclosure | 8.06% |
| REO | 2.69% |
| |
| Cumulative Net Loss | 2.96% |
| Loss Severity | 77.33% |
| |
| Prepayment Experience | |
| 1mo CPR | 8.54% |
| 3mo CPR | 11.18% |
| 6mo CPR | 12.63% |
| 9mo CPR | 14.59% |
| 12mo CPR | 15.47% |
| Life CPR | 33.83% |
|