| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2007-NC1 |
| Closing Date | 1/26/2007 |
| Collateral Factor Date | 2/1/2010 |
| |
| Performance Summary | |
| Current Pool Factor | 51.94% |
| |
| Delinquency Status (*) | |
| 30+ Days | 32.17% |
| 60+ Days | 28.07% |
| 90+ Days | 24.19% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.20% |
| Foreclosure | 24.50% |
| REO | 3.90% |
| |
| Cumulative Net Loss | 18.15% |
| Loss Severity | 94.22% |
| |
| Prepayment Experience | |
| 1mo CPR | 23.44% |
| 3mo CPR | 18.44% |
| 6mo CPR | 18.73% |
| 9mo CPR | 20.07% |
| 12mo CPR | 21.42% |
| Life CPR | 18.76% |
|