| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-NC1 |
| Closing Date | 2/25/2005 |
| Collateral Factor Date | 11/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 15.40% |
| |
| Delinquency Status (*) | |
| 30+ Days | 12.08% |
| 60+ Days | 6.98% |
| 90+ Days | 4.41% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.48% |
| Foreclosure | 8.76% |
| REO | 2.96% |
| |
| Cumulative Net Loss | 3.24% |
| Loss Severity | 54.93% |
| |
| Prepayment Experience | |
| 1mo CPR | 8.75% |
| 3mo CPR | 10.10% |
| 6mo CPR | 10.58% |
| 9mo CPR | 12.67% |
| 12mo CPR | 13.28% |
| Life CPR | 31.82% |
|