| DEAL NAME | Morgan Stanley Home Equity Loan Trust 2005-1 |
| Closing Date | 1/28/2005 |
| Collateral Factor Date | 6/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 12.88% |
| |
| Delinquency Status (*) | |
| 30+ Days | 12.67% |
| 60+ Days | 7.86% |
| 90+ Days | 5.45% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 6.29% |
| Foreclosure | 11.02% |
| REO | 2.16% |
| |
| Cumulative Net Loss | 5.47% |
| Loss Severity | 75.71% |
| |
| Prepayment Experience | |
| 1mo CPR | 17.77% |
| 3mo CPR | 21.20% |
| 6mo CPR | 19.29% |
| 9mo CPR | 20.89% |
| 12mo CPR | 23.07% |
| Life CPR | 36.66% |
|