| DEAL NAME | Morgan Stanley Home Equity Loan Trust 2005-1 |
| Closing Date | 1/28/2005 |
| Collateral Factor Date | 10/1/2007 |
| |
| Performance Summary | |
| Current Pool Factor | 22.03% |
| |
| Delinquency Status (*) | |
| 30+ Days | 8.10% |
| 60+ Days | 3.13% |
| 90+ Days | 1.82% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.98% |
| Foreclosure | 10.21% |
| REO | 8.47% |
| |
| Cumulative Net Loss | 1.78% |
| Loss Severity | 33.70% |
| |
| Prepayment Experience | |
| 1mo CPR | 42.07% |
| 3mo CPR | 37.97% |
| 6mo CPR | 35.63% |
| 9mo CPR | 37.41% |
| 12mo CPR | 48.62% |
| Life CPR | 41.90% |
|