| DEAL NAME | Morgan Stanley Home Equity Loan Trust 2005-1 |
| Closing Date | 1/28/2005 |
| Collateral Factor Date | 2/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 13.96% |
| |
| Delinquency Status (*) | |
| 30+ Days | 9.89% |
| 60+ Days | 5.63% |
| 90+ Days | 3.38% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 5.56% |
| Foreclosure | 9.81% |
| REO | 5.58% |
| |
| Cumulative Net Loss | 4.84% |
| Loss Severity | 71.80% |
| |
| Prepayment Experience | |
| 1mo CPR | 21.01% |
| 3mo CPR | 19.28% |
| 6mo CPR | 22.73% |
| 9mo CPR | 24.05% |
| 12mo CPR | 25.78% |
| Life CPR | 37.81% |
|