| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2007-NC1 |
| Closing Date | 1/26/2007 |
| Collateral Factor Date | 9/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 74.16% |
| |
| Delinquency Status (*) | |
| 30+ Days | 14.11% |
| 60+ Days | 9.39% |
| 90+ Days | 5.33% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.45% |
| Foreclosure | 18.63% |
| REO | 9.05% |
| |
| Cumulative Net Loss | 3.97% |
| Loss Severity | 65.62% |
| |
| Prepayment Experience | |
| 1mo CPR | 20.52% |
| 3mo CPR | 21.23% |
| 6mo CPR | 18.34% |
| 9mo CPR | 16.25% |
| 12mo CPR | 16.17% |
| Life CPR | 16.04% |
|