| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2007-NC1 |
| Closing Date | 1/26/2007 |
| Collateral Factor Date | 4/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 63.29% |
| |
| Delinquency Status (*) | |
| 30+ Days | 25.84% |
| 60+ Days | 21.80% |
| 90+ Days | 17.58% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.05% |
| Foreclosure | 23.92% |
| REO | 7.45% |
| |
| Cumulative Net Loss | 9.89% |
| Loss Severity | 74.99% |
| |
| Prepayment Experience | |
| 1mo CPR | 26.82% |
| 3mo CPR | 22.62% |
| 6mo CPR | 23.31% |
| 9mo CPR | 22.67% |
| 12mo CPR | 21.53% |
| Life CPR | 18.03% |
|