| DEAL NAME | Morgan Stanley Home Equity Loan Trust 2005-1 |
| Closing Date | 1/28/2005 |
| Collateral Factor Date | 2/1/2005 |
| |
| Performance Summary | |
| Current Pool Factor | 98.52% |
| |
| Delinquency Status (*) | |
| 30+ Days | 1.52% |
| 60+ Days | 0.08% |
| 90+ Days | 0.00% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 0.07% |
| Foreclosure | 0.00% |
| REO | 0.00% |
| |
| Cumulative Net Loss | 0.00% |
| Loss Severity | 0.00% |
| |
| Prepayment Experience | |
| 1mo CPR | 15.07% |
| Life CPR | 15.07% |
|