| DEAL NAME | MSAC 2006-HE6 |
| Closing Date | 9/27/2006 |
| |
| Initial Collateral Characteristics | |
| Principal Balance ($) | 1,471,732,843 |
| |
| Sellers | NC(44.17%),WMC(33.97%),DO(21.86%) |
| Servicers | CW(96.15%) |
| |
| Number of Loans | 7,706 |
| Avg Loan Balance ($) | 190,985 |
| |
| Fixed/Floating | |
| % FRM | 15.87 |
| % ARM | 84.13 |
| |
| %IO | 13.15 |
| Wtd Avg IO Term (months) | 68 |
| |
| Wtd Avg Current Mortgage Rate (%) | 8.316 |
| Non-Zero Wtd Avg Margin (%) | 6.495 |
| Non-Zero Wtd Avg Initial Cap (%) | 2.527 |
| Non-Zero Wtd Avg Periodic Cap (%) | 1.216 |
| |
| Lien Composition | |
| % 1st Lien | 94.04 |
| % 2nd Lien | 5.96 |
| |
| Non-Zero Wtd Avg FICO | 627 |
| % FICO below 600 (inc. N/A) | 29.58 |
| % FICO below 550 (inc. N/A) | 8.55 |
| |
| Wtd Avg Comb Orig LTV | 81.79 |
| % CLTV > 80 | 36.96 |
| % CLTV > 90 | 11.44 |
| % CLTV > 95 | 6.14 |
| |
| % Silent Seconds | 22.66 |
| CLTV incl. all simul. liens (%) | 89.47 |
| |
| Documentation Level | |
| % Full Documentation | 50.55 |
| % Stated Documentation | 47.66 |
| % Limited Documentation | 1.79 |
| |
| % Owner Occupied | 93.45 |
| |
| Loan Purpose | |
| % Cashout Refinance | 44.88 |
| % Purchase | 49.07 |
| % Rate Term Refinance | 6.01 |
| |
| State Concentration (Over 5%) | CA(31.26%),FL(9.99%),NY(5.57%) |
| |
| % Prepay Penalty | 71.06 |
| |
| Wtd Avg Std Orig Term (months) | 353 |
| Wtd Avg Std Rem Term (months) | 350 |
| Wtd Average Loan Age (months) | 3 |
