| DEAL NAME | MSAC 2005-HE6 |
| Closing Date | 11/29/2005 |
| |
| Initial Collateral Characteristics | |
| Principal Balance ($) | 1,077,406,776 |
| |
| Sellers | NC(42.25%),AHL(23.54%),DO(13.60%),WMC(12.98%),AA(7.63%) |
| Servicers | CH(55.16%),HQ(44.72%) |
| |
| Number of Loans | 6507 |
| Avg Loan Balance ($) | 165,576 |
| |
| Fixed/Floating | |
| % FRM | 24.70 |
| % ARM | 75.30 |
| |
| %IO | 18.82 |
| Wtd Avg IO Term (months) | 60 |
| |
| Wtd Avg Current Mortgage Rate (%) | 7.256 |
| Non-Zero Wtd Avg Margin (%) | 5.889 |
| Non-Zero Wtd Avg Initial Cap (%) | 1.951 |
| Non-Zero Wtd Avg Periodic Cap (%) | 1.349 |
| |
| Lien Composition | |
| % 1st Lien | 95.35 |
| % 2nd Lien | 4.65 |
| |
| Non-Zero Wtd Avg FICO | 633 |
| % FICO below 600 (inc. N/A) | 27.20 |
| % FICO below 550 (inc. N/A) | 9.88 |
| |
| Wtd Avg Comb Orig LTV | 80.65 |
| % CLTV > 80 | 35.48 |
| % CLTV > 90 | 10.08 |
| % CLTV > 95 | 6.00 |
| |
| % Silent Seconds | 27.13 |
| CLTV incl. all simul. liens (%) | 87.26 |
| |
| Documentation Level | |
| % Full Documentation | 52.12 |
| % Stated Documentation | 43.82 |
| % Limited Documentation | 4.03 |
| |
| % Owner Occupied | 95.08 |
| |
| Loan Purpose | |
| % Cashout Refinance | 48.53 |
| % Purchase | 44.72 |
| % Rate Term Refinance | 6.76 |
| |
| State Concentration (Over 5%) | CA(28.87%),FL(11.49%),NY(6.76%) |
| |
| % Prepay Penalty | 78.63 |
| |
| Wtd Avg Std Orig Term (months) | 350 |
| Wtd Avg Std Rem Term (months) | 346 |
| Wtd Average Loan Age (months) | 4 |
