| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-NC1 |
| Closing Date | 2/25/2005 |
| Collateral Factor Date | 12/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 15.23% |
| |
| Delinquency Status (*) | |
| 30+ Days | 11.90% |
| 60+ Days | 8.20% |
| 90+ Days | 5.80% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.78% |
| Foreclosure | 8.47% |
| REO | 2.79% |
| |
| Cumulative Net Loss | 3.33% |
| Loss Severity | 74.75% |
| |
| Prepayment Experience | |
| 1mo CPR | 11.24% |
| 3mo CPR | 9.80% |
| 6mo CPR | 11.26% |
| 9mo CPR | 11.73% |
| 12mo CPR | 12.82% |
| Life CPR | 31.51% |
|