| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-NC1 |
| Closing Date | 2/25/2005 |
| Collateral Factor Date | 1/1/2010 |
| |
| Performance Summary | |
| Current Pool Factor | 15.05% |
| |
| Delinquency Status (*) | |
| 30+ Days | 12.05% |
| 60+ Days | 7.88% |
| 90+ Days | 5.98% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 5.05% |
| Foreclosure | 8.67% |
| REO | 2.71% |
| |
| Cumulative Net Loss | 3.41% |
| Loss Severity | 69.48% |
| |
| Prepayment Experience | |
| 1mo CPR | 11.39% |
| 3mo CPR | 10.46% |
| 6mo CPR | 10.37% |
| 9mo CPR | 11.30% |
| 12mo CPR | 12.45% |
| Life CPR | 31.22% |
|