| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-NC1 |
| Closing Date | 2/25/2005 |
| Collateral Factor Date | 11/1/2005 |
| |
| Performance Summary | |
| Current Pool Factor | 69.01% |
| |
| Delinquency Status (*) | |
| 30+ Days | 3.72% |
| 60+ Days | 0.76% |
| 90+ Days | 0.28% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 1.50% |
| Foreclosure | 2.04% |
| REO | 0.35% |
| |
| Cumulative Net Loss | 0.00% |
| Loss Severity | 8.01% |
| |
| Prepayment Experience | |
| 1mo CPR | 53.26% |
| 3mo CPR | 48.65% |
| 6mo CPR | 43.64% |
| 9mo CPR | 38.43% |
| Life CPR | 38.43% |
|