| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2007-NC1 |
| Closing Date | 1/26/2007 |
| Collateral Factor Date | 8/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 57.84% |
| |
| Delinquency Status (*) | |
| 30+ Days | 28.81% |
| 60+ Days | 24.49% |
| 90+ Days | 20.99% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.42% |
| Foreclosure | 24.59% |
| REO | 4.35% |
| |
| Cumulative Net Loss | 13.75% |
| Loss Severity | 72.19% |
| |
| Prepayment Experience | |
| 1mo CPR | 17.97% |
| 3mo CPR | 22.69% |
| 6mo CPR | 23.85% |
| 9mo CPR | 22.77% |
| 12mo CPR | 23.15% |
| Life CPR | 18.73% |
|