| DEAL NAME | MSAC 2005-WMC6 |
| Closing Date | 8/11/2005 |
| |
| Initial Collateral Characteristics | |
| Principal Balance ($) | 1,175,760,831 |
| |
| Sellers | WMC(100.00%) |
| Servicers | CW(100.00%) |
| |
| Number of Loans | 6039 |
| Avg Loan Balance ($) | 194,694 |
| |
| Fixed/Floating | |
| % FRM | 17.30 |
| % ARM | 82.70 |
| |
| %IO | 26.52 |
| Wtd Avg IO Term (months) | 60 |
| |
| Wtd Avg Current Mortgage Rate (%) | 7.026 |
| Non-Zero Wtd Avg Margin (%) | 6.346 |
| Non-Zero Wtd Avg Initial Cap (%) | 2.979 |
| Non-Zero Wtd Avg Periodic Cap (%) | 1.001 |
| |
| Lien Composition | |
| % 1st Lien | 90.67 |
| % 2nd Lien | 9.33 |
| |
| Non-Zero Wtd Avg FICO | 641 |
| % FICO below 600 (inc. N/A) | 22.73 |
| % FICO below 550 (inc. N/A) | 7.23 |
| |
| Wtd Avg Comb Orig LTV | 82.19 |
| % CLTV > 80 | 41.01 |
| % CLTV > 90 | 16.09 |
| % CLTV > 95 | 9.86 |
| |
| % Silent Seconds | 1.24 |
| CLTV incl. all simul. liens (%) | 87.77 |
| |
| Documentation Level | |
| % Full Documentation | 44.69 |
| % Stated Documentation | 39.28 |
| % Limited Documentation | 14.26 |
| % Lite Documentation | 1.76 |
| |
| % Owner Occupied | 95.76 |
| |
| Loan Purpose | |
| % Cashout Refinance | 54.36 |
| % Purchase | 41.98 |
| % Rate Term Refinance | 3.67 |
| |
| State Concentration (Over 5%) | CA(52.42%),MD(5.45%),NY(5.39%),FL(5.06%) |
| |
| % Prepay Penalty | 72.11 |
| |
| Wtd Avg Std Orig Term (months) | 342 |
| Wtd Avg Std Rem Term (months) | 340 |
| Wtd Average Loan Age (months) | 2 |
