| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2007-NC1 |
| Closing Date | 1/26/2007 |
| Collateral Factor Date | 9/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 56.86% |
| |
| Delinquency Status (*) | |
| 30+ Days | 30.09% |
| 60+ Days | 25.91% |
| 90+ Days | 22.41% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.49% |
| Foreclosure | 24.23% |
| REO | 4.26% |
| |
| Cumulative Net Loss | 14.46% |
| Loss Severity | 75.48% |
| |
| Prepayment Experience | |
| 1mo CPR | 18.13% |
| 3mo CPR | 21.07% |
| 6mo CPR | 23.01% |
| 9mo CPR | 22.40% |
| 12mo CPR | 22.96% |
| Life CPR | 18.71% |
|