| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2007-NC1 |
| Closing Date | 1/26/2007 |
| Collateral Factor Date | 11/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 54.75% |
| |
| Delinquency Status (*) | |
| 30+ Days | 32.93% |
| 60+ Days | 27.86% |
| 90+ Days | 24.60% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.51% |
| Foreclosure | 23.80% |
| REO | 3.74% |
| |
| Cumulative Net Loss | 15.93% |
| Loss Severity | 73.67% |
| |
| Prepayment Experience | |
| 1mo CPR | 18.99% |
| 3mo CPR | 19.31% |
| 6mo CPR | 21.02% |
| 9mo CPR | 22.35% |
| 12mo CPR | 21.91% |
| Life CPR | 18.78% |
|