| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-HE2 |
| Closing Date | 3/30/2005 |
| Collateral Factor Date | 1/1/2010 |
| |
| Performance Summary | |
| Current Pool Factor | 16.13% |
| |
| Delinquency Status (*) | |
| 30+ Days | 22.58% |
| 60+ Days | 18.01% |
| 90+ Days | 15.29% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 5.43% |
| Foreclosure | 11.06% |
| REO | 1.90% |
| |
| Cumulative Net Loss | 3.44% |
| Loss Severity | 64.86% |
| |
| Prepayment Experience | |
| 1mo CPR | 7.67% |
| 3mo CPR | 7.26% |
| 6mo CPR | 8.44% |
| 9mo CPR | 8.05% |
| 12mo CPR | 8.80% |
| Life CPR | 30.77% |
|