| DEAL NAME | MSIX 2006-2 |
| Closing Date | 11/28/2006 |
| |
| Initial Collateral Characteristics | |
| Principal Balance ($) | 1,385,820,442 |
| |
| Sellers (Over 5%) | FNLC(27.77%),AHL(23.00%),MF(21.74%),WIL(18.42%) |
| Servicers (Over 5%) | SX(86.82%),CW(13.18%) |
| |
| Number of Loans | 6,755 |
| Avg Loan Balance ($) | 205,154 |
| |
| Fixed/Floating | |
| % FRM | 17.25 |
| % ARM | 82.75 |
| |
| %IO | 18.46 |
| Wtd Avg IO Term (months) | 61 |
| |
| Wtd Avg Current Mortgage Rate (%) | 8.431 |
| Non-Zero Wtd Avg Margin (%) | 6.146 |
| Non-Zero Wtd Avg Initial Cap (%) | 2.447 |
| Non-Zero Wtd Avg Periodic Cap (%) | 1.271 |
| |
| Lien Composition | |
| % 1st Lien | 95.45 |
| % 2nd Lien | 4.55 |
| |
| Non-Zero Wtd Avg FICO | 633 |
| % FICO below 600 (inc. N/A) | 26.64 |
| % FICO below 550 (inc. N/A) | 9.16 |
| |
| Wtd Avg Comb Orig LTV | 82.12 |
| % LTV > 80 | 40.80 |
| % LTV > 90 | 13.97 |
| % LTV > 95 | 7.54 |
| |
| % Silent Seconds | 24.43 |
| CLTV incl. all simul. liens (%) | 88.89 |
| |
| Documentation Level | |
| % Full Documentation | 42.97 |
| % Stated Documentation | 55.24 |
| % Limited Documentation | 1.80 |
| |
| % Owner Occupied | 94.73 |
| |
| Loan Purpose | |
| % Cashout Refinance | 54.95 |
| % Purchase | 42.32 |
| % Rate Term Refinance | 2.73 |
| |
| State Concentration (Over 5%) | CA(33.40%),FL(15.55%),IL(6.43%) |
| |
| % Prepay Penalty | 79.58 |
| |
| Wtd Avg Std Orig Term (months) | 351 |
| Wtd Avg Std Rem Term (months) | 348 |
| Wtd Average Loan Age (months) | 4 |
