| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-NC1 |
| Closing Date | 2/25/2005 |
| Collateral Factor Date | 12/1/2007 |
| |
| Performance Summary | |
| Current Pool Factor | 22.39% |
| |
| Delinquency Status (*) | |
| 30+ Days | 8.52% |
| 60+ Days | 4.34% |
| 90+ Days | 3.34% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.14% |
| Foreclosure | 5.97% |
| REO | 4.98% |
| |
| Cumulative Net Loss | 0.87% |
| Loss Severity | 39.79% |
| |
| Prepayment Experience | |
| 1mo CPR | 28.21% |
| 3mo CPR | 26.32% |
| 6mo CPR | 27.67% |
| 9mo CPR | 30.49% |
| 12mo CPR | 37.06% |
| Life CPR | 40.45% |
|