| DEAL NAME | Morgan Stanley Home Equity Loan Trust 2005-4 |
| Closing Date | 11/29/2005 |
| Collateral Factor Date | 1/1/2012 |
| |
| Performance Summary | |
| Current Pool Factor | 15.85% |
| |
| Delinquency Status (*) | |
| 30+ Days | 10.94% |
| 60+ Days | 5.45% |
| 90+ Days | 3.17% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 5.05% |
| Foreclosure | 9.87% |
| REO | 3.80% |
| |
| Cumulative Net Loss | 21.06% |
| Loss Severity | 84.43% |
| |
| Prepayment Experience | |
| 1mo CPR | 10.56% |
| 3mo CPR | 12.62% |
| 6mo CPR | 15.13% |
| 9mo CPR | 14.54% |
| 12mo CPR | 14.41% |
| Life CPR | 25.40% |
|