| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2007-NC1 |
| Closing Date | 1/26/2007 |
| Collateral Factor Date | 5/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 61.75% |
| |
| Delinquency Status (*) | |
| 30+ Days | 26.10% |
| 60+ Days | 21.90% |
| 90+ Days | 18.72% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.26% |
| Foreclosure | 25.18% |
| REO | 5.78% |
| |
| Cumulative Net Loss | 11.01% |
| Loss Severity | 75.39% |
| |
| Prepayment Experience | |
| 1mo CPR | 25.19% |
| 3mo CPR | 25.04% |
| 6mo CPR | 22.84% |
| 9mo CPR | 23.32% |
| 12mo CPR | 22.51% |
| Life CPR | 18.29% |
|