| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2007-NC1 |
| Closing Date | 1/26/2007 |
| Collateral Factor Date | 3/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 64.99% |
| |
| Delinquency Status (*) | |
| 30+ Days | 27.27% |
| 60+ Days | 22.01% |
| 90+ Days | 17.77% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.43% |
| Foreclosure | 21.31% |
| REO | 8.77% |
| |
| Cumulative Net Loss | 8.72% |
| Loss Severity | 77.94% |
| |
| Prepayment Experience | |
| 1mo CPR | 23.12% |
| 3mo CPR | 21.07% |
| 6mo CPR | 22.87% |
| 9mo CPR | 22.33% |
| 12mo CPR | 20.64% |
| Life CPR | 17.67% |
|