| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-NC1 |
| Closing Date | 2/25/2005 |
| Collateral Factor Date | 5/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 16.42% |
| |
| Delinquency Status (*) | |
| 30+ Days | 9.71% |
| 60+ Days | 5.72% |
| 90+ Days | 4.06% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.39% |
| Foreclosure | 7.67% |
| REO | 3.46% |
| |
| Cumulative Net Loss | 2.80% |
| Loss Severity | 60.92% |
| |
| Prepayment Experience | |
| 1mo CPR | 16.27% |
| 3mo CPR | 16.62% |
| 6mo CPR | 15.85% |
| 9mo CPR | 17.23% |
| 12mo CPR | 17.89% |
| Life CPR | 33.95% |
|