| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-NC1 |
| Closing Date | 2/25/2005 |
| Collateral Factor Date | 7/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 16.04% |
| |
| Delinquency Status (*) | |
| 30+ Days | 10.25% |
| 60+ Days | 6.70% |
| 90+ Days | 4.59% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.95% |
| Foreclosure | 7.04% |
| REO | 3.47% |
| |
| Cumulative Net Loss | 2.97% |
| Loss Severity | 53.91% |
| |
| Prepayment Experience | |
| 1mo CPR | 16.66% |
| 3mo CPR | 13.26% |
| 6mo CPR | 14.52% |
| 9mo CPR | 15.38% |
| 12mo CPR | 16.92% |
| Life CPR | 33.23% |
|