| DEAL NAME | Morgan Stanley Home Equity Loan Trust 2005-1 |
| Closing Date | 1/28/2005 |
| Collateral Factor Date | 3/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 13.71% |
| |
| Delinquency Status (*) | |
| 30+ Days | 10.47% |
| 60+ Days | 6.45% |
| 90+ Days | 4.18% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 5.82% |
| Foreclosure | 9.47% |
| REO | 4.96% |
| |
| Cumulative Net Loss | 5.02% |
| Loss Severity | 76.26% |
| |
| Prepayment Experience | |
| 1mo CPR | 18.26% |
| 3mo CPR | 17.32% |
| 6mo CPR | 20.74% |
| 9mo CPR | 23.68% |
| 12mo CPR | 25.10% |
| Life CPR | 37.48% |
|