| DEAL NAME | Morgan Stanley Home Equity Loan Trust 2005-1 |
| Closing Date | 1/28/2005 |
| Collateral Factor Date | 7/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 12.74% |
| |
| Delinquency Status (*) | |
| 30+ Days | 13.46% |
| 60+ Days | 7.95% |
| 90+ Days | 5.29% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 6.08% |
| Foreclosure | 11.18% |
| REO | 2.82% |
| |
| Cumulative Net Loss | 5.53% |
| Loss Severity | 70.76% |
| |
| Prepayment Experience | |
| 1mo CPR | 11.17% |
| 3mo CPR | 15.31% |
| 6mo CPR | 19.11% |
| 9mo CPR | 19.76% |
| 12mo CPR | 21.69% |
| Life CPR | 36.26% |
|