| DEAL NAME | Morgan Stanley Home Equity Loan Trust 2005-1 |
| Closing Date | 1/28/2005 |
| Collateral Factor Date | 1/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 14.25% |
| |
| Delinquency Status (*) | |
| 30+ Days | 9.52% |
| 60+ Days | 4.35% |
| 90+ Days | 2.88% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 5.51% |
| Foreclosure | 11.15% |
| REO | 5.11% |
| |
| Cumulative Net Loss | 4.66% |
| Loss Severity | 80.49% |
| |
| Prepayment Experience | |
| 1mo CPR | 12.44% |
| 3mo CPR | 21.00% |
| 6mo CPR | 24.16% |
| 9mo CPR | 24.94% |
| 12mo CPR | 26.79% |
| Life CPR | 38.12% |
|