| DEAL NAME | Morgan Stanley Home Equity Loan Trust 2005-1 |
| Closing Date | 1/28/2005 |
| Collateral Factor Date | 9/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 12.37% |
| |
| Delinquency Status (*) | |
| 30+ Days | 12.16% |
| 60+ Days | 8.34% |
| 90+ Days | 6.06% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 5.75% |
| Foreclosure | 12.02% |
| REO | 2.50% |
| |
| Cumulative Net Loss | 5.69% |
| Loss Severity | 58.93% |
| |
| Prepayment Experience | |
| 1mo CPR | 15.81% |
| 3mo CPR | 13.66% |
| 6mo CPR | 17.46% |
| 9mo CPR | 17.38% |
| 12mo CPR | 19.04% |
| Life CPR | 35.61% |
|