| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2007-NC1 |
| Closing Date | 1/26/2007 |
| Collateral Factor Date | 12/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 53.71% |
| |
| Delinquency Status (*) | |
| 30+ Days | 33.37% |
| 60+ Days | 28.62% |
| 90+ Days | 24.81% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.36% |
| Foreclosure | 24.49% |
| REO | 3.61% |
| |
| Cumulative Net Loss | 16.58% |
| Loss Severity | 74.98% |
| |
| Prepayment Experience | |
| 1mo CPR | 20.10% |
| 3mo CPR | 19.94% |
| 6mo CPR | 20.54% |
| 9mo CPR | 22.04% |
| 12mo CPR | 21.79% |
| Life CPR | 18.82% |
|