| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2007-NC1 |
| Closing Date | 1/26/2007 |
| Collateral Factor Date | 1/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 83.97% |
| |
| Delinquency Status (*) | |
| 30+ Days | 14.72% |
| 60+ Days | 9.64% |
| 90+ Days | 5.69% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 1.18% |
| Foreclosure | 10.78% |
| REO | 4.40% |
| |
| Cumulative Net Loss | 0.61% |
| Loss Severity | 48.34% |
| |
| Prepayment Experience | |
| 1mo CPR | 13.33% |
| 3mo CPR | 15.78% |
| 6mo CPR | 15.08% |
| 9mo CPR | 15.36% |
| 12mo CPR | 15.66% |
| Life CPR | 15.66% |
|