| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2007-NC1 |
| Closing Date | 1/26/2007 |
| Collateral Factor Date | 1/1/2010 |
| |
| Performance Summary | |
| Current Pool Factor | 53.16% |
| |
| Delinquency Status (*) | |
| 30+ Days | 34.27% |
| 60+ Days | 28.78% |
| 90+ Days | 25.34% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.12% |
| Foreclosure | 24.68% |
| REO | 3.65% |
| |
| Cumulative Net Loss | 16.95% |
| Loss Severity | 72.22% |
| |
| Prepayment Experience | |
| 1mo CPR | 11.92% |
| 3mo CPR | 16.72% |
| 6mo CPR | 17.81% |
| 9mo CPR | 20.28% |
| 12mo CPR | 20.90% |
| Life CPR | 18.61% |
|