| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2007-NC1 |
| Closing Date | 1/26/2007 |
| Collateral Factor Date | 5/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 80.07% |
| |
| Delinquency Status (*) | |
| 30+ Days | 14.99% |
| 60+ Days | 10.05% |
| 90+ Days | 6.58% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 2.45% |
| Foreclosure | 13.72% |
| REO | 7.64% |
| |
| Cumulative Net Loss | 1.46% |
| Loss Severity | 55.17% |
| |
| Prepayment Experience | |
| 1mo CPR | 13.02% |
| 3mo CPR | 13.77% |
| 6mo CPR | 13.54% |
| 9mo CPR | 14.31% |
| 12mo CPR | 14.63% |
| Life CPR | 14.98% |
|