| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2007-NC1 |
| Closing Date | 1/26/2007 |
| Collateral Factor Date | 7/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 77.02% |
| |
| Delinquency Status (*) | |
| 30+ Days | 13.18% |
| 60+ Days | 9.32% |
| 90+ Days | 5.65% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 2.61% |
| Foreclosure | 17.59% |
| REO | 8.12% |
| |
| Cumulative Net Loss | 2.64% |
| Loss Severity | 58.02% |
| |
| Prepayment Experience | |
| 1mo CPR | 23.88% |
| 3mo CPR | 18.01% |
| 6mo CPR | 15.48% |
| 9mo CPR | 15.58% |
| 12mo CPR | 15.28% |
| Life CPR | 15.60% |
|