| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2007-NC1 |
| Closing Date | 1/26/2007 |
| Collateral Factor Date | 10/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 72.45% |
| |
| Delinquency Status (*) | |
| 30+ Days | 16.42% |
| 60+ Days | 11.48% |
| 90+ Days | 7.92% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.67% |
| Foreclosure | 17.84% |
| REO | 9.86% |
| |
| Cumulative Net Loss | 4.59% |
| Loss Severity | 61.02% |
| |
| Prepayment Experience | |
| 1mo CPR | 24.11% |
| 3mo CPR | 21.32% |
| 6mo CPR | 19.68% |
| 9mo CPR | 17.47% |
| 12mo CPR | 17.05% |
| Life CPR | 16.44% |
|