| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 8/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 16.72% |
| |
| Delinquency Status (*) | |
| 30+ Days | 20.61% |
| 60+ Days | 16.37% |
| 90+ Days | 13.83% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.82% |
| Foreclosure | 7.83% |
| REO | 2.36% |
| |
| Cumulative Net Loss | 3.22% |
| Loss Severity | 85.50% |
| |
| Prepayment Experience | |
| 1mo CPR | 15.72% |
| 3mo CPR | 9.82% |
| 6mo CPR | 10.51% |
| 9mo CPR | 11.70% |
| 12mo CPR | 13.42% |
| Life CPR | 32.66% |
|