| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2007-NC1 |
| Closing Date | 1/26/2007 |
| Collateral Factor Date | 6/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 60.41% |
| |
| Delinquency Status (*) | |
| 30+ Days | 26.87% |
| 60+ Days | 22.18% |
| 90+ Days | 18.80% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.32% |
| Foreclosure | 26.21% |
| REO | 4.60% |
| |
| Cumulative Net Loss | 11.92% |
| Loss Severity | 72.27% |
| |
| Prepayment Experience | |
| 1mo CPR | 22.81% |
| 3mo CPR | 24.97% |
| 6mo CPR | 23.03% |
| 9mo CPR | 23.57% |
| 12mo CPR | 22.99% |
| Life CPR | 18.45% |
|