| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 6/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 17.07% |
| |
| Delinquency Status (*) | |
| 30+ Days | 19.64% |
| 60+ Days | 15.21% |
| 90+ Days | 12.73% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 5.10% |
| Foreclosure | 8.48% |
| REO | 2.52% |
| |
| Cumulative Net Loss | 3.04% |
| Loss Severity | 93.84% |
| |
| Prepayment Experience | |
| 1mo CPR | 8.67% |
| 3mo CPR | 10.14% |
| 6mo CPR | 11.60% |
| 9mo CPR | 12.98% |
| 12mo CPR | 14.66% |
| Life CPR | 33.41% |
|