| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-NC1 |
| Closing Date | 2/25/2005 |
| Collateral Factor Date | 2/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 17.25% |
| |
| Delinquency Status (*) | |
| 30+ Days | 7.79% |
| 60+ Days | 4.11% |
| 90+ Days | 2.85% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.20% |
| Foreclosure | 8.47% |
| REO | 4.48% |
| |
| Cumulative Net Loss | 2.42% |
| Loss Severity | 63.03% |
| |
| Prepayment Experience | |
| 1mo CPR | 13.67% |
| 3mo CPR | 15.11% |
| 6mo CPR | 17.50% |
| 9mo CPR | 18.27% |
| 12mo CPR | 18.55% |
| Life CPR | 34.90% |
|