| DEAL NAME | Morgan Stanley Dean Witter Credit Corp HELOC Trust, Series 2002-1 |
| Closing Date | 8/29/2002 |
| Collateral Factor Date | 4/1/2004 |
| |
| Performance Summary | |
| Current Pool Factor | 67.97% |
| |
| Delinquency Status (*) | |
| 30+ Days | 0.41% |
| 60+ Days | 0.17% |
| 90+ Days | 0.08% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 0.20% |
| Foreclosure | 0.10% |
| REO | 0.00% |
| |
| Cumulative Net Loss | 0.03% |
| Loss Severity | 0.00% |
| |
| Prepayment Experience | |
| 1mo CPR | 52.19% |
| 3mo CPR | 43.23% |
| 6mo CPR | 43.34% |
| 9mo CPR | 45.81% |
| 12mo CPR | 45.88% |
| Life CPR | 44.56% |
|