| DEAL NAME | Morgan Stanley Home Equity Loan Trust 2005-1 |
| Closing Date | 1/28/2005 |
| Collateral Factor Date | 12/1/2007 |
| |
| Performance Summary | |
| Current Pool Factor | 20.19% |
| |
| Delinquency Status (*) | |
| 30+ Days | 9.07% |
| 60+ Days | 3.16% |
| 90+ Days | 1.10% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.64% |
| Foreclosure | 10.84% |
| REO | 9.47% |
| |
| Cumulative Net Loss | 2.11% |
| Loss Severity | 57.33% |
| |
| Prepayment Experience | |
| 1mo CPR | 38.09% |
| 3mo CPR | 40.91% |
| 6mo CPR | 36.88% |
| 9mo CPR | 36.61% |
| 12mo CPR | 39.57% |
| Life CPR | 41.82% |
|