| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-NC1 |
| Closing Date | 2/25/2005 |
| Collateral Factor Date | 8/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 15.89% |
| |
| Delinquency Status (*) | |
| 30+ Days | 10.70% |
| 60+ Days | 6.51% |
| 90+ Days | 4.98% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 5.01% |
| Foreclosure | 6.79% |
| REO | 3.57% |
| |
| Cumulative Net Loss | 3.05% |
| Loss Severity | 62.03% |
| |
| Prepayment Experience | |
| 1mo CPR | 9.45% |
| 3mo CPR | 10.98% |
| 6mo CPR | 13.85% |
| 9mo CPR | 14.25% |
| 12mo CPR | 15.70% |
| Life CPR | 32.85% |
|