| DEAL NAME | MSCC HELOC TRUST 2007-1 |
| Closing Date | 2/27/2007 |
| |
| Collateral Characteristics | |
| Principal Balance | 730,376,794 |
| |
| Sellers (Over 10%) | Credit Source(88.63%),DHL(11.37%) |
| Servicers (Over 10%) | MSCC(100.00%) |
| |
| Number of Loans | 8,632 |
| Avg Loan Balance | 84,613 |
| Avg Credit Limit Balance | 188,895 |
| Avg Credit Utilization Ratio | 47.28 |
| |
| Fixed/Floating | |
| % FRM | 8.03 |
| % ARM | 91.97 |
| |
| Heloc Percentage | 90.97 |
| Fixed Rate Seconds Percentage | 8.03 |
| Short Arm Percentage | 1.00 |
| Hybrid Arm Percentage | 0.00 |
| |
| %IO | 91.97 |
| Wtd Avg IO Term (months) | 120 |
| |
| Wtd Avg Current Mortgage Rate (%) | 7.80 |
| < 4.00% | 0.00 |
| 4.0000% - 4.9999% | 0.00 |
| 5.0000% - 5.9999% | 0.00 |
| 6.0000% - 6.9999% | 0.71 |
| 7.0000% - 7.9999% | 80.28 |
| 8.0000% - 8.9999% | 16.78 |
| 9.0000% - 9.9999% | 1.84 |
| 10.0000% - 10.9999% | 0.25 |
| 11.000% + | 0.14 |
| |
| Lien Composition | |
| % 1st Lien | 23.75 |
| % 2nd Lien | 76.25 |
| |
| Junior Lien Ratio (second liens only) | 43.52 |
| |
| Non-Zero Wtd Avg FICO | 742 |
| % FICO below 660 (inc. N/A) | 5.49 |
| % FICO below 620 (inc. N/A) | 1.07 |
| |
| Wtd Avg Orig LTV for first liens / CLTV for second liens | 70.05 |
| % LTV/CLTV > 80 | 35.61 |
| % LTV/CLTV > 90 | 4.02 |
| % LTV/CLTV > 95 | 2.20 |
| |
| % Owner Occupied | 89.96 |
| % Investor | 2.20 |
| % Second Home | 7.84 |
| |
| State Concentration (Over 5%) | CA(24.83%),FL(12.44%),NY(7.19%),NJ(6.59%) |
| |
| % Prepay Penalty | 8.03 |
| |
| Wtd Avg Std Orig Term (mths) | 127 |
| Wtd Avg Std Rem Term (mths) | 120 |
| WALA (mths) | 8 |
