| DEAL NAME | Morgan Stanley Dean Witter Credit Corp HELOC Trust, Series 2003-1 |
| Closing Date | 5/28/2003 |
| Collateral Factor Date | 1/1/2006 |
| |
| Performance Summary | |
| Current Pool Factor | 38.37% |
| |
| Delinquency Status (*) | |
| 30+ Days | 0.75% |
| 60+ Days | 0.41% |
| 90+ Days | 0.37% |
| 120+ Days | 0.37% |
| |
| Bankruptcy | 0.70% |
| Foreclosure | 0.02% |
| REO | 0.00% |
| |
| Cumulative Net Loss | 0.00% |
| Loss Severity | 0.00% |
| |
| Prepayment Experience | |
| 1mo CPR | 54.82% |
| 3mo CPR | 57.32% |
| 6mo CPR | 58.31% |
| 9mo CPR | 57.26% |
| 12mo CPR | 55.52% |
| Life CPR | 50.03% |
|