| DEAL NAME | Morgan Stanley Home Equity Loan Trust 2005-1 |
| Closing Date | 1/28/2005 |
| Collateral Factor Date | 12/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 11.92% |
| |
| Delinquency Status (*) | |
| 30+ Days | 15.36% |
| 60+ Days | 10.77% |
| 90+ Days | 7.37% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 6.54% |
| Foreclosure | 12.28% |
| REO | 1.75% |
| |
| Cumulative Net Loss | 5.89% |
| Loss Severity | 45.94% |
| |
| Prepayment Experience | |
| 1mo CPR | 6.31% |
| 3mo CPR | 12.57% |
| 6mo CPR | 13.12% |
| 9mo CPR | 15.90% |
| 12mo CPR | 16.25% |
| Life CPR | 34.60% |
|