| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-NC1 |
| Closing Date | 2/25/2005 |
| Collateral Factor Date | 5/1/2005 |
| |
| Performance Summary | |
| Current Pool Factor | 92.37% |
| |
| Delinquency Status (*) | |
| 30+ Days | 2.40% |
| 60+ Days | 0.79% |
| 90+ Days | 0.25% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 0.30% |
| Foreclosure | 0.00% |
| REO | 0.00% |
| |
| Cumulative Net Loss | 0.00% |
| Loss Severity | 0.00% |
| |
| Prepayment Experience | |
| 1mo CPR | 28.55% |
| 3mo CPR | 26.53% |
| Life CPR | 26.53% |
|