| DEAL NAME | Morgan Stanley Home Equity Loan Trust 2005-1 |
| Closing Date | 1/28/2005 |
| Collateral Factor Date | 10/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 12.23% |
| |
| Delinquency Status (*) | |
| 30+ Days | 14.28% |
| 60+ Days | 8.83% |
| 90+ Days | 6.63% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 6.25% |
| Foreclosure | 12.35% |
| REO | 1.94% |
| |
| Cumulative Net Loss | 5.75% |
| Loss Severity | 74.95% |
| |
| Prepayment Experience | |
| 1mo CPR | 11.87% |
| 3mo CPR | 13.89% |
| 6mo CPR | 14.57% |
| 9mo CPR | 17.35% |
| 12mo CPR | 18.23% |
| Life CPR | 35.25% |
|