| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2006-NC1 |
| Closing Date | 1/27/2006 |
| Collateral Factor Date | 1/1/2012 |
| |
| Performance Summary | |
| Current Pool Factor | 20.89% |
| |
| Delinquency Status (*) | |
| 30+ Days | 11.84% |
| 60+ Days | 6.00% |
| 90+ Days | 4.21% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 5.98% |
| Foreclosure | 13.00% |
| REO | 3.34% |
| |
| Cumulative Net Loss | 17.57% |
| Loss Severity | 81.24% |
| |
| Prepayment Experience | |
| 1mo CPR | 18.92% |
| 3mo CPR | 15.97% |
| 6mo CPR | 15.29% |
| 9mo CPR | 13.98% |
| 12mo CPR | 14.08% |
| Life CPR | NA |
|