| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-NC1 |
| Closing Date | 2/25/2005 |
| Collateral Factor Date | 4/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 16.69% |
| |
| Delinquency Status (*) | |
| 30+ Days | 8.87% |
| 60+ Days | 5.02% |
| 90+ Days | 3.73% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.94% |
| Foreclosure | 8.42% |
| REO | 3.59% |
| |
| Cumulative Net Loss | 2.70% |
| Loss Severity | 71.73% |
| |
| Prepayment Experience | |
| 1mo CPR | 14.94% |
| 3mo CPR | 15.78% |
| 6mo CPR | 16.49% |
| 9mo CPR | 18.16% |
| 12mo CPR | 17.77% |
| Life CPR | 34.26% |
|