| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2007-NC1 |
| Closing Date | 1/26/2007 |
| Collateral Factor Date | 1/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 67.56% |
| |
| Delinquency Status (*) | |
| 30+ Days | 27.32% |
| 60+ Days | 20.06% |
| 90+ Days | 13.66% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.59% |
| Foreclosure | 18.97% |
| REO | 9.48% |
| |
| Cumulative Net Loss | 7.00% |
| Loss Severity | 73.56% |
| |
| Prepayment Experience | |
| 1mo CPR | 22.31% |
| 3mo CPR | 24.00% |
| 6mo CPR | 22.68% |
| 9mo CPR | 21.16% |
| 12mo CPR | 19.16% |
| Life CPR | 17.43% |
|