| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-NC1 |
| Closing Date | 2/25/2005 |
| Collateral Factor Date | 2/1/2010 |
| |
| Performance Summary | |
| Current Pool Factor | 14.96% |
| |
| Delinquency Status (*) | |
| 30+ Days | 12.01% |
| 60+ Days | 7.87% |
| 90+ Days | 5.45% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.82% |
| Foreclosure | 9.40% |
| REO | 3.05% |
| |
| Cumulative Net Loss | 3.45% |
| Loss Severity | 61.75% |
| |
| Prepayment Experience | |
| 1mo CPR | 5.70% |
| 3mo CPR | 9.50% |
| 6mo CPR | 9.77% |
| 9mo CPR | 10.17% |
| 12mo CPR | 11.81% |
| Life CPR | 30.86% |
|