| DEAL NAME | MSM 2005-10 |
| Closing Date | 11/30/2005 |
| |
| Initial Collateral Characteristics | |
| Principal Balance ($) | 372,999,288 |
| |
| Sellers (Over 10%) | Morgan Stanley Mortgage Capital Inc.(48.20%),MortgageIT, Inc.(37.69%),First National Bank of Nevada(12.62%) |
| |
| Servicers (Over 10%) | GMAC Mortgage Corporation(100.00%) |
| |
| Number of Loans | 1,179 |
| Avg Loan Balance ($) | 316,369 |
| |
| Fixed/Floating | |
| % FRM | 100 |
| % ARM | 0 |
| % Short Arm | 0 |
| % 3/1 or 3/6 | 0 |
| % 5/1 or 5/6 | 0 |
| % 7/1 or 7/6 | 0 |
| % 10/1 or 10/6 | 0 |
| |
| % IO | 46.38 |
| Wtd Avg IO Term (months) | 119 |
| |
| Wtd Avg Current Mortgage Rate (%) | 6.003 |
| < 4.00% | 0 |
| 4.0000% - 4.9999% | 0 |
| 5.0000% - 5.9999% | 46.68 |
| 6.0000% - 6.9999% | 53.05 |
| 7.0000% - 7.9999% | 0.27 |
| 8.0000% - 8.9999% | 0 |
| 9.0000% - 9.9999% | 0 |
| 10.0000% - 10.9999% | 0 |
| 11.000% + | 0 |
| |
| Non-Zero Wtd Avg Margin (%) | 0 |
| Non-Zero Wtd Avg Initial Cap (%) | 0 |
| Non-Zero Wtd Avg Periodic Cap (%) | 0 |
| |
| Lien Composition | |
| % 1st Lien | 100 |
| % 2nd Lien | 0 |
| |
| Non-Zero Wtd Avg FICO | 726 |
| % FICO below 660 (inc. N/A) | 6.13 |
| % FICO below 620 (inc. N/A) | 0.09 |
| |
| Wtd Avg Orig LTV | 68.47 |
| % LTV > 80 | 1.01 |
| % LTV > 90 | 0.17 |
| % LTV > 95 | 0 |
| |
| Documentation Level | |
| % Full/Alt Documentation | 27.52 |
| % Stated Documentation | 0.58 |
| % Limited Documentation | 52.99 |
| % No Documentation | 13.6 |
| % No Ratio Documentation | 5.31 |
| |
| % Owner Occupied | 88.54 |
| % Investor | 9.67 |
| % Second Home | 1.79 |
| |
| Loan Purpose | |
| % Cashout Refinance | 50.73 |
| % Purchase | 35 |
| % Rate Term Refinance | 14.27 |
| |
| State Concentration (Over 5%) | CA(53.30%),AZ(6.71%),FL(5.34%),WA(5.03%) |
| |
| % Prepay Penalty | 58.52 |
| |
| Wtd Avg Std Orig Term (months) | 359 |
| Wtd Avg Std Rem Term (months) | 357 |
| Wtd Average Loan Age (months) | 2 |
