| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-NC1 |
| Closing Date | 2/25/2005 |
| Collateral Factor Date | 6/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 16.31% |
| |
| Delinquency Status (*) | |
| 30+ Days | 10.52% |
| 60+ Days | 6.49% |
| 90+ Days | 4.84% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.63% |
| Foreclosure | 7.40% |
| REO | 3.75% |
| |
| Cumulative Net Loss | 2.87% |
| Loss Severity | 77.70% |
| |
| Prepayment Experience | |
| 1mo CPR | 6.41% |
| 3mo CPR | 12.63% |
| 6mo CPR | 14.33% |
| 9mo CPR | 15.67% |
| 12mo CPR | 17.29% |
| Life CPR | 33.51% |
|