| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2007-NC1 |
| Closing Date | 1/26/2007 |
| Collateral Factor Date | 2/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 66.45% |
| |
| Delinquency Status (*) | |
| 30+ Days | 27.45% |
| 60+ Days | 22.20% |
| 90+ Days | 16.68% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.62% |
| Foreclosure | 19.48% |
| REO | 9.79% |
| |
| Cumulative Net Loss | 7.66% |
| Loss Severity | 70.16% |
| |
| Prepayment Experience | |
| 1mo CPR | 17.66% |
| 3mo CPR | 20.55% |
| 6mo CPR | 22.44% |
| 9mo CPR | 21.64% |
| 12mo CPR | 19.74% |
| Life CPR | 17.44% |
|