| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2007-NC1 |
| Closing Date | 1/26/2007 |
| Collateral Factor Date | 11/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 70.47% |
| |
| Delinquency Status (*) | |
| 30+ Days | 18.95% |
| 60+ Days | 13.03% |
| 90+ Days | 9.09% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.52% |
| Foreclosure | 19.00% |
| REO | 9.60% |
| |
| Cumulative Net Loss | 5.46% |
| Loss Severity | 68.21% |
| |
| Prepayment Experience | |
| 1mo CPR | 27.96% |
| 3mo CPR | 24.27% |
| 6mo CPR | 22.17% |
| 9mo CPR | 19.46% |
| 12mo CPR | 17.97% |
| Life CPR | 17.01% |
|