| DEAL NAME | MSM 2007-9SL |
| Closing Date | 6/28/2007 |
| |
| Initial Collateral Characteristics | |
| Principal Balance ($) | 313,180,846.85 |
| |
| Sellers | Morgan Stanley(99.25%),Other(0.75%) |
| Servicers | SX(100.00%) |
| |
| Number of Loans | 4,977 |
| Avg Loan Balance ($) | 62,925.63 |
| |
| Fixed/Floating | |
| % FRM | 100.00 |
| % ARM | 0.00 |
| % Balloon | 62.00 |
| % IO | 15.78 |
| Wtd Avg IO Term (months) | 91 |
| |
| Wtd Avg Current Mortgage Rate (%) | 11.487 |
| |
| Lien Composition | |
| % 1st Lien | 0.00 |
| % 2nd Lien | 100.00 |
| |
| Non-Zero Wtd Avg FICO | 696 |
| % FICO below 660 (inc. N/A) | 21.25 |
| % FICO below 620 (inc. N/A) | 0.44 |
| |
| Wtd Avg Comb Orig LTV | 96.88 |
| % LTV > 80 | 96.96 |
| % LTV > 90 | 83.04 |
| % LTV > 95 | 69.24 |
| |
| Wtd Avg Orig Junior LTV | 19.62 |
| % Junior LTV > 15 | 80.33 |
| % Junior LTV > 20 | 16.94 |
| |
| Documentation Level | |
| % Full Documentation | 11.70 |
| % Stated Documentation | 8.38 |
| % Limited Documentation | 47.21 |
| % No Documentation | 7.01 |
| |
| % Owner Occupied | 82.61 |
| % Investor Occupied | 12.73 |
| % Secondary Occupied | 4.66 |
| |
| Loan Purpose | |
| % Cashout Refinance | 20.68 |
| % Purchase | 75.70 |
| % Rate Term Refinance | 3.62 |
| |
| State Concentration (Over 5%) | CA(22.53%),NY(13.71%),FL(8.04%),AZ(5.44%),MD(5.18%) |
| |
| % Prepay Penalty | 14.33 |
| |
| Wtd Avg Std Orig Term (months) | 232 |
| Wtd Avg Std Rem Term (months) | 226 |
| Wtd Average Loan Age (months) | 6 |
