| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-NC1 |
| Closing Date | 2/25/2005 |
| Collateral Factor Date | 1/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 17.48% |
| |
| Delinquency Status (*) | |
| 30+ Days | 7.74% |
| 60+ Days | 3.67% |
| 90+ Days | 2.40% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.88% |
| Foreclosure | 8.09% |
| REO | 4.46% |
| |
| Cumulative Net Loss | 2.33% |
| Loss Severity | 63.39% |
| |
| Prepayment Experience | |
| 1mo CPR | 16.03% |
| 3mo CPR | 17.12% |
| 6mo CPR | 19.25% |
| 9mo CPR | 18.36% |
| 12mo CPR | 19.02% |
| Life CPR | 35.28% |
|