| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2007-NC1 |
| Closing Date | 1/26/2007 |
| Collateral Factor Date | 12/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 69.03% |
| |
| Delinquency Status (*) | |
| 30+ Days | 23.91% |
| 60+ Days | 16.02% |
| 90+ Days | 11.29% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.62% |
| Foreclosure | 19.61% |
| REO | 9.21% |
| |
| Cumulative Net Loss | 6.09% |
| Loss Severity | 63.15% |
| |
| Prepayment Experience | |
| 1mo CPR | 21.60% |
| 3mo CPR | 24.62% |
| 6mo CPR | 22.94% |
| 9mo CPR | 20.49% |
| 12mo CPR | 18.42% |
| Life CPR | 17.21% |
|