| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2005-NC2 |
| Closing Date | 4/29/2005 |
| Collateral Factor Date | 1/1/2012 |
| |
| Performance Summary | |
| Current Pool Factor | 12.36% |
| |
| Delinquency Status (*) | |
| 30+ Days | 27.71% |
| 60+ Days | 24.33% |
| 90+ Days | 22.01% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.16% |
| Foreclosure | 15.44% |
| REO | 3.06% |
| |
| Cumulative Net Loss | 4.24% |
| Loss Severity | 72.69% |
| |
| Prepayment Experience | |
| 1mo CPR | 9.66% |
| 3mo CPR | 7.34% |
| 6mo CPR | 7.47% |
| 9mo CPR | 7.92% |
| 12mo CPR | 8.10% |
| Life CPR | 25.74% |
|