| DEAL NAME | Morgan Stanley Home Equity Loan Trust 2005-1 |
| Closing Date | 1/28/2005 |
| Collateral Factor Date | 1/1/2010 |
| |
| Performance Summary | |
| Current Pool Factor | 11.88% |
| |
| Delinquency Status (*) | |
| 30+ Days | 14.66% |
| 60+ Days | 9.88% |
| 90+ Days | 7.29% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 6.62% |
| Foreclosure | 12.94% |
| REO | 2.55% |
| |
| Cumulative Net Loss | 5.91% |
| Loss Severity | 94.89% |
| |
| Prepayment Experience | |
| 1mo CPR | 3.06% |
| 3mo CPR | 9.78% |
| 6mo CPR | 11.86% |
| 9mo CPR | 13.02% |
| 12mo CPR | 15.55% |
| Life CPR | 34.17% |
|