UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): ~~August~~October 25, 2005 (Date of earliest event reported) MORGAN STANLEY ABS CAPITAL I INC. (as Depositor under the Pooling and Servicing Agreement, dated as March 1, 2005, providing for the issuance of Mortgage Pass-Through Certificates, Series 2005-HE2) (Exact name of registrant as specified in charter) DELAWARE (State or Other Jurisdiction of Incorporation) 333-113543-28 13-3939229 (Commission File Number) (I.R.S. Employer Identification No.) 1585 BROADWAY, 2ND FLOOR NEW YORK, NEW YORK 10036 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, Including Area Code: (212) 761-4000 (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b)) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 8.01 Other Events. This current report on Form 8-K relates to the monthly distribution reported to the holders of Morgan Stanley ABS Capital I Inc. Mortgage Pass-Through Certificates, Series 2005-HE2, which was made on March 1, 2005 Item 9.01 Financial Statements and Exhibits. (c) Exhibits Exhibit No. Description 99.1 Monthly Remittance Statement to the Certificateholders dated as of ~~August~~October 25, 2005. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on behalf of the Registrant by the undersigned thereunto duly authorized. DEUTSCHE BANK NATIONAL TRUST COMPANY, IN ITS CAPACITY AS TRUSTEE UNDER THE POOLING AND SERVICING AGREEMENT ON BEHALF OF MORGAN STANLEY ABS CAPITAL I INC., REGISTRANT Date: ~~Aug~~Oct 2628, 2005 By: /s/ Katherine M. Wannenmacher Katherine M. Wannenmacher Vice President EXHIBIT INDEX DOCUMENT 99.1 Monthly Remittance Statement to the Certificateholders dated as of ~~August~~October 25, 2005.

Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
				External Parties						Table of Contents
													Page
				Seller
										1. Certificate Payment Report					2
				Morgan Stanley
										2. Collection Account Report					6
										3. Credit Enhancement Report					8
										4. Collateral Report					9
				Certificate Insurer(s)						5. Delinquency Report					12
										6. REO Report					16
										7. Foreclosure Report					17
										8. Prepayment Report					20
										9. Prepayment Detail Report					23
										10. Realized Loss Report					31
										11. Realized Loss Detail Report					34
				Servicer(s)
										12. Triggers and Adj. Cert. Report					35
				Option One
										13. Other Related Information					36
				Underwriter(s)
				Morgan Stanley
										Total Number of Pages					36
				Dates						Contacts
				Cut-Off Date:			March 01, 2005			Marion Hogan
				Close Date:			March 30, 2005			Administrator
				First Distribution Date:			April 25, 2005			(714) 247-6282
										marion.c.hogan@db.com
										Address:
										1761 East St. Andrew Place, Santa Ana, CA 92705
				Distribution Date:			~~August~~October 25, 2005
										Factor Information:			(800) 735-7777
				Record Date:			~~July~~September 2930, 2005
										Main Phone Number:			(714) 247-6000
							August 24, 2005
							October 24, 2005
										https://www.tss.db.com/invr
Page 1 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
Certificate Payment Report
Current Period Distribution - REMIC II
					Prior												Current
	Class		Original		Principal						Total		Realized		Deferred		Principal
Class	Type	Cur	Face Value		Balance		Interest		Principal		Distribution		Loss		Interest		Balance
					(1)		(2)		(3)		(4)=(2)+(3)		(5)		(6)		(7)=(1)-(3)-(5)+(6)
A-1ss	SR	$	326,085,000.00		~~288~~261,~~158~~256,~~660~~023.7953		~~910~~850,~~661~~243.4121		1112,~~480~~866,~~479~~227.1632		1213,~~391~~716,~~140~~470.5753		0.00		0.00		~~276~~248,~~678~~389,~~181~~796.6321
A-1mz	SR	$	81,522,000.00		7265,~~040~~314,~~327~~606.9879		~~230~~215,~~769~~193.1849		23,~~870~~216,~~146~~586.2043		3,~~100~~431,~~915~~779.3892		0.00		0.00		6962,~~170~~098,~~181~~020.7836
A-2ss	SR	$	366,742,000.00		~~317~~285,~~280~~508,~~172~~317.5148		1931,~~005,425~~470.6189		1516,~~560~~397,~~532~~137.8301		1617,~~565~~328,~~958~~607.4490		0.00		0.00		~~301~~269,~~719~~111,~~639~~180.6847
A-2mz	SR	$	40,750,000.00		3531,~~254~~723,~~121~~838.5139		~~112~~104,~~627~~265.1368		1,~~728~~821,~~985~~943.8185		1,~~841~~926,~~612~~209.9453		0.00		0.00		3329,~~525~~901,~~135~~894.7054
A-3a	SR	$	240,000,000.00		~~181~~144,~~300~~650,~~524~~759.5910		~~554~~456,~~225~~774.6395		18,~~013~~299,~~542~~801.6733		18,~~567~~756,~~768~~576.3028		0.00		0.00		~~163~~126,~~286~~350,~~981~~957.9277
A-3b	SR	$	191,902,000.00		191,902,000.00		~~608~~626,~~116~~080.1228		0.00		~~608~~626,~~116~~080.1228		0.00		0.00		191,902,000.00
A-3mz	SR	$	47,990,000.00		4137,~~467~~395,~~715~~443.2667		~~132~~122,~~477~~906.8336		2,~~001~~033,~~541~~348.8192		2,~~134~~156,~~019~~255.6428		0.00		0.00		3935,~~466~~362,~~173~~094.4575
M-1	SUB	$	49,257,000.00		49,256,999.99		~~163~~167,~~724~~843.7923		0.0001		~~163~~167,~~724~~843.7924		0.00		0.00		49,256,999.9998
M-2	SUB	$	44,490,000.00		44,490,000.00		~~149~~153,~~412~~033.2524		0.00		~~149~~153,~~412~~033.2524		0.00		0.00		44,490,000.00
M-3	SUB	$	28,601,000.00		28,601,000.00		9799,~~036~~301.8408		0.00		9799,~~036~~301.8408		0.00		0.00		28,601,000.00
M-4	SUB	$	26,218,000.00		26,218,000.00		9294,~~338~~195.3445		0.00		9294,~~338~~195.3445		0.00		0.00		26,218,000.00
M-5	SUB	$	25,423,000.00		25,423,000.00		9092,~~633~~363.0017		0.00		9092,~~633~~363.0017		0.00		0.00		25,423,000.00
M-6	SUB	$	22,245,000.00		22,245,000.00		8081,~~261~~713.2030		0.00		8081,~~261~~713.2030		0.00		0.00		22,245,000.00
B-1	SUB	$	19,067,000.00		19,067,000.00		7677,~~511~~258.6342		0.00		7677,~~511~~258.6342		0.00		0.00		19,067,000.00
B-2	SUB	$	15,890,000.00		15,890,000.00		65,~~131~~665.3443		0.00		65,~~131~~665.3443		0.00		0.00		15,890,000.00
B-3	SUB	$	15,890,000.00		15,890,000.00		73,~~341~~345.1859		0.00		73,~~341~~345.1859		0.00		0.00		15,890,000.00
X	NOF	$	46,874,277.00		46,873,915.16		3,~~569~~164,~~987~~655.2151		0.00		3,~~569~~164,~~987~~655.2151		0.00		0.00		46,873,915.16
P	NOF	$	0.00		0.00		1,~~017~~088,~~041~~254.0742		0.00		1,~~017~~088,~~041~~254.0742		0.00		0.00		0.00
R	NOF/RES	$	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
Total			1,588,946,277.00		1,~~421~~311,~~358~~705,~~437~~904.7911		98,~~029~~464,~~721~~563.7670		5154,~~655~~635,~~228~~044.4887		6063,~~684~~099,~~950~~608.2457		0.00		0.00		1,~~369~~257,~~703~~070,~~209~~859.3124
Page 2 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
Interest Accrual Detail Current Period Factor Information per $1,000 of Original Face-
									Orig. Principal		Prior							Current
	Period		Period						(with Notional)		Principal						Total	Principal
Class	Starting		Ending		Method		Cusip		Balance		Balance		Interest		Principal		Distribution	Balance
									(1)		(1)		(2)		(3)		(4)=(2)+(3)	(5)
A-1ss	0709/2526/05		0810/24/05		A-Act/360		61744CMU7		326,085,000.00		~~883~~801.~~691862~~189946		2.~~792712~~607428		3539.~~207014~~456667		3742.~~999726~~064095	~~848~~761.~~484848~~733279
A-1mz	0709/2526/05		0810/24/05		A-Act/360		61744CMV5		81,522,000.00		~~883~~801.~~691862~~189946		2.~~830760~~639698		3539.~~207014~~456667		3842.~~037774~~096366	~~848~~761.~~484848~~733279
A-2ss	0709/2526/05		0810/24/05		A-Act/360		61744CMW3		366,742,000.00		~~865~~778.~~131816~~499101		2.~~741507~~539853		4244.~~429100~~710279		4547.~~170606~~250132	~~822~~733.~~702717~~788823
A-2mz	0709/2526/05		0810/24/05		A-Act/360		61744CMX1		40,750,000.00		~~865~~778.~~131816~~499102		2.~~763856~~558667		4244.~~429100~~710279		4547.~~192956~~268946	~~822~~733.~~702717~~788823
A-3a	0709/2526/05		0810/24/05		A-Act/360		61744CMY9		240,000,000.00		~~755~~602.~~418852~~711496		21.~~309273~~903229		7576.~~056428~~249172		7778.~~365701~~152401	~~680~~526.~~362425~~462324
A-3b	0709/2526/05		0810/24/05		A-Act/360		61744CMZ6		191,902,000.00		1,000.000000		3.~~168889~~262500		0.000000		3.~~168889~~262500	1,000.000000
A-3mz	0709/2526/05		0810/24/05		A-Act/360		61744CNA0		47,990,000.00		~~864~~779.~~090753~~234084		2.~~760530~~561083		4142.~~707477~~370263		44.~~468007~~931346	~~822~~736.~~383277~~863821
M-1	0709/2526/05		0810/24/05		A-Act/360		61744CNB8		49,257,000.00		1,000.000000		3.~~323889~~407500		0.000000		3.~~323889~~407500	1,000.000000
M-2	0709/2526/05		0810/24/05		A-Act/360		61744CNC6		44,490,000.00		1,000.000000		3.~~358333~~439722		0.000000		3.~~358333~~439722	1,000.000000
M-3	0709/2526/05		0810/24/05		A-Act/360		61744CND4		28,601,000.00		1,000.000000		3.~~392778~~471944		0.000000		3.~~392778~~471944	1,000.000000
M-4	0709/2526/05		0810/24/05		A-Act/360		61744CNE2		26,218,000.00		1,000.000000		3.~~521944~~592778		0.000000		3.~~521944~~592778	1,000.000000
M-5	0709/2526/05		0810/24/05		A-Act/360		61744CNF9		25,423,000.00		1,000.000000		3.~~565000~~633056		0.000000		3.~~565000~~633056	1,000.000000
M-6	0709/2526/05		0810/24/05		A-Act/360		61744CNG7		22,245,000.00		1,000.000000		3.~~608056~~673333		0.000000		3.~~608056~~673333	1,000.000000
B-1	0709/2526/05		0810/24/05		A-Act/360		61744CNH5		19,067,000.00		1,000.000000		4.~~012778~~051944		0.000000		4.~~012778~~051944	1,000.000000
B-2	0709/2526/05		0810/24/05		A-Act/360		61744CNJ1		15,890,000.00		1,000.000000		4.~~098889~~132500		0.000000		4.~~098889~~132500	1,000.000000
B-3	0709/2526/05		0810/24/05		A-Act/360		61744CNK8		15,890,000.00		1,000.000000		4.~~615556~~615833		0.000000		4.~~615556~~615833	1,000.000000
X	0709/2526/05		0810/24/05		A-Act/360				46,874,277.00		999.992281		7667.~~160902~~513692		0.000000		7667.~~160902~~513692	999.992281
P	0709/2526/05		0810/24/05		A-Act/360				0.00		0.000000		0.000000		0.000000		0.000000	0.000000
R	0709/2526/05		0810/24/05		A-Act/360				0.00		0.000000		0.000000		0.000000		0.000000	0.000000
Page 3 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
Distribution to Date - REMIC II
																	Current
	Original				Unscheduled		Scheduled		Total		Total		Realized		Deferred		Principal
Class	Face Value		Interest		Principal		Principal		Principal		Distribution		Loss		Interest		Balance
	(1)		(2)		(3)		(4)		(5)=(3)+(4)		(6)=(2)+(5)		(7)		(8)		(9)=(1)-(5)-(7)+(8)
A-1ss	326,085,000.00		46,~~235~~032,~~009~~413.0186		4875,~~071~~831,~~832~~180.9508		1,~~334~~864,~~985~~023.4271		4977,~~406~~695,~~818~~203.3779		5383,~~641~~727,~~827~~617.3865		0.00		0.00		~~276~~248,~~678~~389,~~181~~796.6321
A-1mz	81,522,000.00		1,~~074~~529,~~542~~603.6900		1218,~~018~~957,~~068~~969.8043		~~333~~466,~~749~~010.4321		1219,~~351~~423,~~818~~979.2264		1320,~~426~~953,~~360~~582.9164		0.00		0.00		6962,~~170~~098,~~181~~020.7836
A-2ss	366,742,000.00		46,~~749~~716,~~848~~888.3509		6395,~~309~~307,~~380~~128.2434		12,~~712~~323,~~980~~691.0819		6597,~~022~~630,~~360~~819.3253		69104,~~772~~347,~~208~~707.6762		0.00		0.00		~~301~~269,~~719~~111,~~639~~180.6847
A-2mz	40,750,000.00		~~532~~752,~~480~~705.2666		710,~~034~~589,~~529~~911.0392		~~190~~258,~~335~~193.2754		710,~~224~~848,~~864~~105.3046		711,~~757~~600,~~344~~811.5612		0.00		0.00		3329,~~525~~901,~~135~~894.7054
A-3a	240,000,000.00		23,~~823~~822,~~781~~124.3074		74110,~~701~~946,~~750~~167.1365		2,~~011~~702,~~267~~874.9558		76113,~~713~~649,~~018~~042.0823		79117,~~536~~471,~~799~~166.3897		0.00		0.00		~~163~~126,~~286~~350,~~981~~957.9277
A-3b	191,902,000.00		23,~~661~~946,~~534~~265.9049		0.00		0.00		0.00		23,~~661~~946,~~534~~265.9049		0.00		0.00		191,902,000.00
A-3mz	47,990,000.00		~~627~~887,~~694~~109.4996		812,~~300~~327,~~348~~580.1929		~~223~~300,~~478~~324.3696		812,~~523~~627,~~826~~905.5525		913,~~151~~515,~~521~~015.0421		0.00		0.00		3935,~~466~~362,~~173~~094.4575
M-1	49,257,000.00		~~719~~1,~~607~~064,392.3365		0.0102		0.00		0.0102		~~719~~1,~~607~~064,392.3467		0.00		0.00		49,256,999.9998
M-2	44,490,000.00		~~657~~971,~~281~~714.2229		0.00		0.00		0.00		~~657~~971,~~281~~714.2229		0.00		0.00		44,490,000.00
M-3	28,601,000.00		~~427~~631,~~245~~321.4351		0.00		0.00		0.00		~~427~~631,~~245~~321.4351		0.00		0.00		28,601,000.00
M-4	26,218,000.00		~~407~~601,~~815~~552.6309		0.00		0.00		0.00		~~407~~601,~~815~~552.6309		0.00		0.00		26,218,000.00
M-5	25,423,000.00		~~400~~590,~~675~~691.4115		0.00		0.00		0.00		~~400~~590,~~675~~691.4115		0.00		0.00		25,423,000.00
M-6	22,245,000.00		~~355~~523,~~161~~309.6008		0.00		0.00		0.00		~~355~~523,~~161~~309.6008		0.00		0.00		22,245,000.00
B-1	19,067,000.00		~~341~~500,~~263~~573.6270		0.00		0.00		0.00		~~341~~500,~~263~~573.6270		0.00		0.00		19,067,000.00
B-2	15,890,000.00		~~290~~426,~~933~~391.8266		0.00		0.00		0.00		~~290~~426,~~933~~391.8266		0.00		0.00		15,890,000.00
B-3	15,890,000.00		~~330~~481,~~129~~741.1683		0.00		0.00		0.00		~~330~~481,~~129~~741.1683		0.00		0.00		15,890,000.00
X	46,874,277.00		2228,~~050~~298,~~722~~606.9598		349.64		12.20		361.84		2228,~~051~~298,~~084~~968.7982		0.00		0.00		46,873,915.16
P	0.00		46,~~110~~494,~~025~~427.0380		0.00		0.00		0.00		46,~~110~~494,~~025~~427.0380		0.00		0.00		0.00
R	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
Total	1,588,946,277.00		4664,~~795~~271,~~752~~833.2054		~~213~~323,~~436~~960,~~258~~287.9937		57,~~806~~915,~~808~~130.7139		~~219~~331,~~243~~875,~~067~~417.6976		~~266~~396,~~038~~147,~~819~~251.8930		0.00		0.00		1,~~369~~257,~~703~~070,~~209~~859.3124
Page 4 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
Interest Detail - REMIC II
	Pass		Prior Principal				Non-		Prior		Unscheduled				Paid or		Current
	Through		(with Notional)		Accrued		Supported		Unpaid		Interest		Optimal		Deferred		Unpaid
Class	Rate		Balance		Interest		Interest SF		Interest		Adjustment		Interest		Interest		Interest
					(1)		(2)		(3)		(4)		(5)=(1)-(2)+(3)+(4)		(6)		(7)=(5)-(6)
A-1ss	34.~~67000~~04000%		~~288~~261,~~158~~256,~~660~~023.7953		~~910~~850,~~661~~243.4121		0.00		0.00		0.00		~~910~~850,~~661~~243.4121		~~910~~850,~~661~~243.4121		0.00
A-1mz	34.~~72000~~09000%		7265,~~040~~314,~~327~~606.9879		~~230~~215,~~769~~193.1849		0.00		0.00		0.00		~~230~~215,~~769~~193.1849		~~230~~215,~~769~~193.1849		0.00
A-2ss	34.~~68000~~05000%		~~317~~285,~~280~~508,~~172~~317.5148		1931,~~005,425~~470.6189		0.00		0.00		0.00		1931,~~005,425~~470.6189		1931,~~005,425~~470.6189		0.00
A-2mz	34.~~71000~~08000%		3531,~~254~~723,~~121~~838.5139		~~112~~104,~~627~~265.1368		0.00		0.00		0.00		~~112~~104,~~627~~265.1368		~~112~~104,~~627~~265.1368		0.00
A-3a	3.~~55000~~92000%		~~181~~144,~~300~~650,~~524~~759.5910		~~554~~456,~~225~~774.6395		0.00		0.00		0.00		~~554~~456,~~225~~774.6395		~~554~~456,~~225~~774.6395		0.00
A-3b	34.~~68000~~05000%		191,902,000.00		~~608~~626,~~116~~080.1228		0.00		0.00		0.00		~~608~~626,~~116~~080.1228		~~608~~626,~~116~~080.1228		0.00
A-3mz	34.~~71000~~08000%		4137,~~467~~395,~~715~~443.2667		~~132~~122,~~477~~906.8336		0.00		0.00		0.00		~~132~~122,~~477~~906.8336		~~132~~122,~~477~~906.8336		0.00
M-1	34.~~86000~~23000%		49,256,999.99		~~163~~167,~~724~~843.7923		0.00		0.00		0.00		~~163~~167,~~724~~843.7923		~~163~~167,~~724~~843.7923		0.00
M-2	34.~~90000~~27000%		44,490,000.00		~~149~~153,~~412~~033.2524		0.00		0.00		0.00		~~149~~153,~~412~~033.2524		~~149~~153,~~412~~033.2524		0.00
M-3	34.~~94000~~31000%		28,601,000.00		9799,~~036~~301.8408		0.00		0.00		0.00		9799,~~036~~301.8408		9799,~~036~~301.8408		0.00
M-4	4.~~09000~~46000%		26,218,000.00		9294,~~338~~195.3445		0.00		0.00		0.00		9294,~~338~~195.3445		9294,~~338~~195.3445		0.00
M-5	4.~~14000~~51000%		25,423,000.00		9092,~~633~~363.0017		0.00		0.00		0.00		9092,~~633~~363.0017		9092,~~633~~363.0017		0.00
M-6	4.~~19000~~56000%		22,245,000.00		8081,~~261~~713.2030		0.00		0.00		0.00		8081,~~261~~713.2030		8081,~~261~~713.2030		0.00
B-1	45.~~66000~~03000%		19,067,000.00		7677,~~511~~258.6342		0.00		0.00		0.00		7677,~~511~~258.6342		7677,~~511~~258.6342		0.00
B-2	45.~~76000~~13000%		15,890,000.00		65,~~131~~665.3443		0.00		0.00		0.00		65,~~131~~665.3443		65,~~131~~665.3443		0.00
B-3	5.~~36000~~73000%		15,890,000.00		73,~~341~~345.1859		0.00		0.00		0.00		73,~~341~~345.1859		73,~~341~~345.1859		0.00
X	8883.~~44560~~81075%		46,873,915.16		0.00		0.00		0.00		0.00		0.00		3,~~569~~164,~~987~~655.2151		0.00
P	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		1,~~017~~088,~~041~~254.0742		0.00
R	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
Total			1,~~421~~311,~~358~~705,~~437~~904.7911		4,~~442~~211,~~693~~653.4877		0.00		0.00		0.00		4,~~442~~211,~~693~~653.4877		98,~~029~~464,~~721~~563.7670		0.00
Page 5 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
Collection Account Report
SUMMARY
								Group 3		Group 2		Group 1		Total
Principal Collections								20,~~015~~330,~~084~~062.4865		1718,~~289~~216,~~518~~314.6428		1416,~~350~~080,~~625~~371.3656		5154,~~655~~626,~~228~~748.4849
Principal Withrawals								0.00		0.00		0.00		0.00
Principal Other Accounts								0.00		0.00		0.00		0.00
TOTAL NET PRINCIPAL								20,~~015~~330,~~084~~062.4865		1718,~~289~~216,~~518~~314.6428		1416,~~350~~080,~~625~~371.3656		5154,~~655~~626,~~228~~748.4849
Interest Collections								32,~~010~~773,~~831~~253.3843		2,~~531~~323,~~419~~558.1202		2,~~564~~372,~~060~~773.1749		87,~~106~~469,~~310~~584.6694
Interest Withdrawals								-0.00		-0.00		-0.00		-0.00
Interest Other Accounts								0.00		0.00		1,~~017~~088,~~041~~254.0742		1,~~017~~088,~~041~~254.0742
Interest Fees								-3229,~~298~~535.4552		-2928,~~429~~707.3336		-2425,~~974~~534.0500		-9384,~~629~~979.9828
TOTAL NET INTEREST								2,~~978~~743,~~532~~717.92		2,~~501~~294,~~989~~850.7965		3,~~556~~435,~~127~~493.1991		98,~~029~~472,~~721~~860.7508
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION								2223,~~993~~073,~~617~~780.4057		1920,~~791~~511,~~508~~164.4393		1719,~~906~~515,~~752~~865.5547		6063,~~684~~099,~~950~~608.2357
PRINCIPAL - COLLECTIONS
									Group 3		Group 2		Group 1		Total
Scheduled Principal Received									~~401~~377,~~124~~481.4197		~~351~~328,~~789~~425.4835		~~356~~332,~~917~~602.6570		1,~~109~~038,~~831~~510.5402
Prepayments In Full									19,~~543~~959,~~857~~378.5133		1617,~~921~~711,~~815~~111.62		1315,~~955~~460,~~933~~956.3709		5053,~~421~~131,~~606~~446.5004
Curtailments									70-6,~~102~~797.5665		1511,~~913~~678.5494		3720,~~774~~792.3441		~~123~~25,~~790~~673.4470
Liquidations									0.00		0165,600.00		0273,815.0010		0439,415.0010
Insurance Principal									0.00		0.00		0.00		0.00
Repurchased Principal Amounts									0.00		0.00		0.00		0.00
Other Principal									0.00		0.00		0.00		0.00
Total Realized Loss Of Principal									-0.00		-0501.0063		-07,794.0074		-08,296.0037
Delinquent Principal									-~~353~~336,~~635~~418.0765		-~~308~~287,~~067~~530.5179		-~~318~~293,~~566~~875.5257		-~~980~~917,~~269~~825.1001
Advanced Principal									~~353~~336,~~635~~418.0765		~~308~~287,~~067~~530.5179		~~318~~293,~~566~~875.5257		~~980~~917,~~269~~825.1001
TOTAL PRINCIPAL COLLECTED									20,~~015~~330,~~084~~062.4865		1718,~~289~~216,~~518~~314.6428		1416,~~350~~080,~~625~~371.3656		5154,~~655~~626,~~228~~748.4849
PRINCIPAL - WITHDRAWALS
SPACE INTENTIONALLY LEFT BLANK
PRINCIPAL - OTHER ACCOUNTS
								Group 3		Group 2		Group 1		Total
Closing Deposit
TOTAL OTHER ACCOUNTS PRINCIPAL								0.00		0.00		0.00		0.00
Page 6 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
INTEREST - COLLECTIONS
								Group 3		Group 2		Group 1		Total
Scheduled Interest								32,~~197~~945,~~493~~650.6707		2,~~688~~465,~~432~~952.6247		2,~~728~~521,~~840~~389.7639		87,~~614~~932,~~767~~991.0593
Liquidation Interest								0.00		0807.0030		01,542.0049		02,349.0079
Repurchased Interest								0.00		0.00		0.00		0.00
Insurance Interest								0.00		0.00		0.00		0.00
Other Interest								0.00		0.00		0.00		0.00
Relief Act Interest Shortfalls								-0.00		-0.00		-0.00		-0.00
Prepayment Interest Shortfalls								-4253,~~953~~605.0032		-3840,~~315~~778.6259		-3039,~~770~~351.7711		-~~112~~133,~~039~~735.3902
Compensating Interest								4253,~~953~~605.0032		3840,~~315~~778.6259		3039,~~770~~351.7710		~~112~~133,~~039~~735.3902
Delinquent Interest								-2,~~737~~526,~~519~~929.7235		-2,~~272~~062,~~448~~293.3958		-2,~~382~~169,~~250~~558.1374		-76,~~392~~758,~~218~~781.2467
Interest Advanced								2,~~550~~354,~~857~~532.4271		21,~~115~~919,~~434~~091.8983		2,~~217~~019,~~469~~400.5437		6,~~883~~293,~~761~~024.8591
TOTAL INTEREST COLLECTED								32,~~010~~773,~~831~~253.3843		2,~~531~~323,~~419~~558.1202		2,~~564~~372,~~060~~773.1749		87,~~106~~469,~~310~~584.6694
INTEREST - WITHDRAWALS
								Group 3		Group 2		Group 1		Total
Nonrecoverable Advances
TOTAL INTEREST WITHDRAWALS								0.00		0.00		0.00		0.00
INTEREST - OTHER ACCOUNTS
								Group 3		Group 2		Group 1		Total
Prepayment Charges								0.00		0.00		1,~~017~~088,~~041~~254.0742		1,~~017~~088,~~041~~254.0742
TOTAL INTEREST OTHER ACCOUNTS								0.00		0.00		1,~~017~~088,~~041~~254.0742		1,~~017~~088,~~041~~254.0742
INTEREST - FEES
								Group 3		Group 2		Group 1		Total
Current Servicing Fees								3128,~~513~~811.0217		28,~~761~~092.7674		24,~~295~~905.0141		8481,~~569~~809.7932
Current Trustee Fees								~~785~~724.4335		~~667~~614.5762		~~679~~628.0359		21,~~132~~967.0456
Current Custodian Fees														61,~~928~~202.1640
TOTAL INTEREST OTHER FEES								3229,~~298~~535.4552		2928,~~429~~707.3336		2425,~~974~~534.0500		9384,~~629~~979.9828
Page 7 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
Credit Enhancement Report
ACCOUNTS
SPACE INTENTIONALLY LEFT BLANK
INSURANCE
SPACE INTENTIONALLY LEFT BLANK
STRUCTURAL FEATURES
								Group 3		Group 2		Group 1		Total
Overcollateralization Amount														46,873,915.1617
Overcollateralization Target Amount														46,873,915.16
Overcollateralization Deficiency Amount														08,296.0037
Overcollateralization Release Amount														0.00
Page 8 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
Collateral Report
COLLATERAL
									Group 3		Group 2		Group 1		Total
Loan Count:
Original								3,369		2,867		3,482		9,718
Prior								32,~~082~~894		2,~~586~~402		32,~~199~~987		8,~~867~~283
Prefunding								0		0		0		0
Scheduled Paid Offs								-0		-0		-0		-0
Full Voluntary Prepayments								-9295		-86103		-8891		-~~266~~289
Repurchases								-0		-0		-0		-0
Liquidations								-0		-01		-01		-02
Current								2,~~990~~799		2,~~500~~298		32,~~111~~895		87,~~601~~992
Principal Balance:
Original								588,824,042.09		499,990,160.81		500,130,978.76		1,588,945,181.66
Prior								~~523~~482,~~620~~898,~~773~~736.2315		~~445~~409,~~047~~745,~~854~~716.7358		~~452~~419,~~689~~061,~~809~~451.8338		1,~~421~~311,~~358~~705,~~437~~904.7911
Prefunding								0.00		0.00		0.00		0.00
Scheduled Principal								-~~401~~377,~~124~~481.4197		-~~351~~328,~~789~~425.4835		-~~356~~332,~~917~~602.6570		-1,~~109~~038,~~831~~510.5402
Partial Prepayments								~~-70~~(6,~~102~~797.5665)		-1511,~~913~~678.5494		-3720,~~774~~792.3441		-~~123~~25,~~790~~673.4470
Full Voluntary Prepayments								-19,~~543~~959,~~857~~378.5133		-1617,~~921~~711,~~815~~111.62		-1315,~~955~~460,~~933~~956.3709		-5053,~~421~~131,~~606~~446.5004
Repurchases								-0.00		-0.00		-0.00		-0.00
Liquidations								-0.00		-0165,600.00		-0273,815.0010		-0439,415.0010
Current								~~503~~462,~~605~~568,~~688~~673.7550		~~427~~391,~~758~~528,~~336~~900.0967		~~438~~402,~~339~~973,~~184~~285.4708		1,~~369~~257,~~703~~070,~~209~~859.3125
PREFUNDING
SPACE INTENTIONALLY LEFT BLANK
Page 9 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
CHARACTERISTICS
								Group 3		Group 2		Group 1		Total
Weighted Average Coupon Original								7.35029%		7.28066%		7.25938%		7.29976%
Weighted Average Coupon Prior								7.~~33126~~31835%		7.~~26092~~24025%		7.~~24147~~22705%		7.~~28081~~26474%
Weighted Average Coupon Current								7.~~32781~~31992%		7.~~24903~~22427%		7.~~23379~~22086%		7.~~27320~~25839%
Weighted Average Months to Maturity Original								351		350		350		350
Weighted Average Months to Maturity Prior								~~347~~345		~~347~~344		~~347~~345		~~347~~345
Weighted Average Months to Maturity Current								~~346~~344		~~345~~343		~~346~~344		~~346~~344
Weighted Avg Remaining Amortization Term Original								351		350		350		350
Weighted Avg Remaining Amortization Term Prior								~~347~~345		~~347~~344		~~347~~345		~~347~~345
Weighted Avg Remaining Amortization Term Current								~~346~~344		~~345~~343		~~346~~344		~~346~~344
Weighted Average Seasoning Original								5.37		5.24		5.32		5.31
Weighted Average Seasoning Prior								810.3736		810.24		810.32		810.31
Weighted Average Seasoning Current								911.3736		911.2423		911.32		911.31
Page 10 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
ARM CHARACTERISTICS
								Group 3		Group 2		Group 1		Total
Weighted Average Margin Original								6.14265%		5.69932%		6.10156%		5.99015%
Weighted Average Margin Prior								6.~~14197~~15485%		5.~~69999~~69387%		6.~~09952~~10088%		5.~~99011~~99454%
Weighted Average Margin Current								6.~~15387~~16460%		5.~~69183~~69052%		6.~~10082~~10998%		56.~~99291~~00003%
Weighted Average Max Rate Original								13.52419%		13.80343%		13.45496%		13.58859%
Weighted Average Max Rate Prior								13.~~49780~~48071%		13.~~78164~~77819%		13.~~43391~~41649%		13.~~56485~~55039%
Weighted Average Max Rate Current								13.~~49380~~48256%		13.~~78079~~76041%		13.~~42414~~41322%		13.~~55907~~54436%
Weighted Average Min Rate Original								7.28857%		7.30824%		7.23762%		7.27777%
Weighted Average Min Rate Prior								7.~~27199~~26130%		7.~~29046~~27928%		7.~~22158~~21181%		7.~~26089~~24996%
Weighted Average Min Rate Current								7.~~27130~~26580%		7.~~28412~~26368%		7.~~21433~~21069%		7.~~25600~~24630%
Weighted Average Cap Up Original								1.13507%		1.26202%		1.11232%		1.16725%
Weighted Average Cap Up Prior								1.~~12779~~12338%		1.~~25553~~25661%		1.~~11019~~10468%		1.~~16169~~15802%
Weighted Average Cap Up Current								1.~~12432~~12039%		1.~~25634~~25542%		1.~~10836~~10356%		1.~~15978~~15619%
Weighted Average Cap Down Original								1.13507%		1.26202%		1.11232%		1.16725%
Weighted Average Cap Down Prior								1.~~12779~~12338%		1.~~25553~~25661%		1.~~11019~~10468%		1.~~16169~~15802%
Weighted Average Cap Down Current								1.~~12432~~12039%		1.~~25634~~25542%		1.~~10836~~10356%		1.~~15978~~15619%
SERVICING FEES & ADVANCES
									Group 3		Group 2		Group 1		Total
Current Servicing Fees								3128,~~513~~811.0217		28,~~761~~092.7674		24,~~295~~905.0141		8481,~~569~~809.7932
Delinquent Servicing Fees								~~186~~172,~~662~~396.3064		~~156~~142,~~656~~604.6459		~~164~~149,~~305~~683.5231		~~507~~464,~~624~~684.4654
TOTAL SERVICING FEES								~~218~~201,~~175~~207.3282		~~185~~170,~~418~~696.4136		~~188~~174,~~600~~588.5573		~~592~~546,~~194~~492.2891
Compensating Interest								-4253,~~953~~605.0032		-3840,~~315~~778.6259		-3039,~~770~~351.7710		-~~112~~133,~~039~~735.3902
Delinquent Servicing Fees								-~~186~~172,~~662~~396.3064		-~~156~~142,~~656~~604.6459		-~~164~~149,~~305~~683.5231		-~~507~~464,~~624~~684.4654
COLLECTED SERVICING FEES								-1124,~~439~~794.9715		-912,~~553~~686.8682		-614,~~475~~445.7469		-2751,~~469~~926.5766
Aggregate Advances with respect to this Distribution								2,~~904~~690,~~492~~951.4936		2,~~423~~206,~~502~~622.3962		2,~~536~~313,~~036~~275.0693		7,~~864~~210,~~030~~849.9591
ADDITIONAL COLLATERAL INFORMATION
								Group 3		Group 2		Group 1		Total
Net Prepayment Interest Shortfall								0.00		0.00		0.00		0.00
Libor For Current Period														3.~~4600~~8300%
Page 11 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
Delinquency Report
	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				2634,~~166~~545,~~484~~572.5475		76,~~995~~989,~~044~~541.6648		35,~~252~~626,~~601~~377.1312		3747,~~414~~161,~~130~~491.3335
			% Balance				12.9175%		0.5856%		0.2445%		23.7375%
			# Loans				~~170~~227		5449		1934		~~243~~310
			% # Loans				12.9884%		0.6361%		0.2243%		23.8388%
	FORECLOSURE		Balance		0321,412.0089		~~406,496~~0.8500		32,~~625~~896,~~082~~641.3557		1012,~~707~~316,~~098~~746.0529		1415,~~738~~534,~~677~~800.2575
			% Balance		0.0003%		0.0300%		0.2623%		0.7898%		1.0824%
			# Loans		02		20		2317		7494		99113
			% # Loans		0.0003%		0.0200%		0.2721%		01.8618%		1.1541%
	BANKRUPTCY		Balance		3,~~066~~362,~~473~~774.4487		~~265~~358,~~043~~836.5312		~~123~~685,~~190~~704.9027		12,~~630~~441,~~406~~799.9504		56,~~085~~849,114.8230
			% Balance		0.2227%		0.0203%		0.0105%		0.1219%		0.3754%
			# Loans		2530		3		14		1117		4054
			% # Loans		0.2938%		0.0304%		0.0105%		0.1321%		0.4768%
	REO		Balance		0.00		0.00		0.00		~~604~~1,~~181~~611,577.6323		~~604~~1,~~181~~611,577.6323
			% Balance		0.00%		0.00%		0.00%		0.0413%		0.0413%
			# Loans		0		0		0		412		412
			% # Loans		0.00%		0.00%		0.00%		0.0515%		0.0515%
	TOTAL		Balance		3,~~066~~684,~~473~~187.4476		2634,~~838~~904,~~024~~408.9287		1110,~~743~~571,~~317~~887.9132		1621,~~194~~996,~~287~~499.7668		5771,~~842~~156,~~104~~983.0363
			% Balance		0.2229%		12.9678%		0.8684%		1.1875%		45.2266%
			# Loans		2532		~~175~~230		7870		~~108~~157		~~386~~489
			% # Loans		0.2940%		2.0388%		0.9188%		1.2696%		46.4912%
Page 12 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
	GROUP 1
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				1011,~~021~~089,~~637~~825.3407		32,~~422~~060,~~601~~517.9195		1,~~390~~483,~~952~~931.7309		14,~~835~~634,~~191~~274.9811
			% Balance				2.2975%		0.7851%		0.3237%		3.3863%
			# Loans				7484		2518		912		~~108~~114
			% # Loans				2.3890%		0.8062%		0.2941%		3.4794%
	FORECLOSURE		Balance		0123,324.0021		~~406,496~~0.8500		~~770~~1,~~706~~487,405.7328		34,~~563~~687,~~672~~024.1956		46,~~740~~297,~~875~~754.7705
			% Balance		0.0003%		0.0900%		0.1837%		01.8116%		1.0856%
			# Loans		01		20		79		2939		3849
			% # Loans		0.0003%		0.0600%		0.2331%		01.9335%		1.2269%
	BANKRUPTCY		Balance		1,~~496~~432,~~040~~991.6717		~~212,599~~0.2200		~~123,190~~0.9000		~~631~~1,~~224~~198,212.4318		2,~~463~~631,~~055~~203.2235
			% Balance		0.3436%		0.0500%		0.0300%		0.1430%		0.5665%
			# Loans		1412		20		10		49		21
			% # Loans		0.4541%		0.0600%		0.0300%		0.1331%		0.6873%
	REO		Balance		0.00		0.00		0.00		0413,798.0057		0413,798.0057
			% Balance		0.00%		0.00%		0.00%		0.0010%		0.0010%
			# Loans		0		0		0		03		03
			% # Loans		0.00%		0.00%		0.00%		0.0010%		0.0010%
	TOTAL		Balance		1,~~496~~556,~~040~~315.6738		1011,~~640~~089,~~733~~825.4107		43,~~316~~547,~~499~~923.5423		57,~~585~~782,~~849~~966.3540		2223,~~039~~977,~~122~~030.9708
			% Balance		0.3439%		2.4375%		0.9888%		1.2793%		5.0395%
			# Loans		1413		7884		3327		4263		~~167~~187
			% # Loans		0.45%		2.5190%		10.0693%		12.3518%		56.3746%
Page 13 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
	GROUP 2
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				710,~~041~~678,~~941~~511.3052		23,~~739~~037,~~744~~957.1600		12,~~249~~201,~~920~~284.0340		1115,~~031~~917,~~605~~752.4992
			% Balance				12.6573%		0.6478%		0.2956%		24.5807%
			# Loans				4063		1716		710		6489
			% # Loans				12.6074%		0.6870%		0.2844%		23.5687%
	FORECLOSURE		Balance		0.00		0.00		1,~~432~~022,~~353~~604.5448		2,~~207~~636,~~835~~514.6570		3,~~640~~659,~~189~~119.1918
			% Balance		0.00%		0.00%		0.3326%		0.5267%		0.8593%
			# Loans		0		0		95		1418		23
			% # Loans		0.00%		0.00%		0.3622%		0.5678%		01.9200%
	BANKRUPTCY		Balance		1,~~022~~096,~~628~~371.4466		0285,057.0016		0465,789.0016		~~395~~378,~~684~~734.5688		12,~~418~~225,~~313~~952.0086
			% Balance		0.2428%		0.0007%		0.0012%		0.0910%		0.3357%
			# Loans		58		02		02		3		815
			% # Loans		0.2035%		0.0009%		0.0009%		0.1213%		0.3265%
	REO		Balance		0.00		0.00		0.00		~~350~~696,~~769~~997.5839		~~350~~696,~~769~~997.5839
			% Balance		0.00%		0.00%		0.00%		0.0818%		0.0818%
			# Loans		0		0		0		24		24
			% # Loans		0.00%		0.00%		0.00%		0.0817%		0.0817%
	TOTAL		Balance		1,~~022~~096,~~628~~371.4466		710,~~041~~963,~~941~~568.3068		4,~~172~~526,~~097~~350.7064		45,~~204~~913,~~209~~531.8237		1622,~~440~~499,~~877~~822.2635
			% Balance		0.2428%		12.6580%		01.9816%		01.9851%		35.8475%
			# Loans		58		4065		2623		2635		97131
			% # Loans		0.2035%		12.6083%		1.0400%		1.0452%		35.8870%
Page 14 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
	GROUP 3
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				912,~~102~~777,~~905~~236.9016		1,~~832~~891,~~698~~066.5953		~~611~~1,~~728~~941,161.3763		1116,~~547~~609,~~332~~464.8632
			% Balance				12.8176%		0.3641%		0.1242%		23.2959%
			# Loans				5680		1215		312		71107
			% # Loans				12.8786%		0.4054%		0.1043%		23.3782%
	FORECLOSURE		Balance		0198,088.0068		0.00		1386,~~422,022~~631.0881		4,~~935~~993,~~590~~207.2103		65,~~357~~577,~~612~~927.2952
			% Balance		0.0004%		0.00%		0.2808%		01.9808%		1.2621%
			# Loans		01		0		73		3137		3841
			% # Loans		0.0004%		0.00%		0.2311%		1.0432%		1.2746%
	BANKRUPTCY		Balance		~~547~~833,~~804~~412.3304		5273,~~444~~778.3196		0219,915.0011		~~603~~864,~~497~~851.9698		1,~~203~~991,~~746~~958.6009
			% Balance		0.1118%		0.0102%		0.0005%		0.1219%		0.2443%
			# Loans		610		1		02		45		1118
			% # Loans		0.2036%		0.0304%		0.0007%		0.1318%		0.3764%
	REO		Balance		0.00		0.00		0.00		~~253~~500,~~412~~781.0527		~~253~~500,~~412~~781.0527
			% Balance		0.00%		0.00%		0.00%		0.0511%		0.0511%
			# Loans		0		0		0		25		25
			% # Loans		0.00%		0.00%		0.00%		0.0718%		0.0718%
	TOTAL		Balance		~~547~~1,~~804~~031,500.3372		912,~~155~~851,~~350~~015.2112		32,~~254~~497,~~720~~613.6745		#######		1924,~~362~~680,~~103~~131.8020
			% Balance		0.1122%		12.8278%		0.6554%		1.2779%		35.8434%
			# Loans		611		5781		1920		4059		~~122~~171
			% # Loans		0.2039%		12.9189%		0.6471%		12.3411%		46.0811%
Page 15 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
REO Report
Loan Number			Original		Stated				Current		State &
														First
&			Principal		Principal		Paid to		Note		LTV at		Original		Payment
Loan Group			Balance		Balance		Date		Rate		Origination		Term		Date
408095243 2
1911736 1
			113,600.00		112,993.31		01-Dec-2004		9.275%		MI - 80.00%		360		01-Nov-2004
			171,000.00		169,487.41		01-Mar-2005		7.250%		MO - 90.00%		360		01-Dec-2004
409282501 2			240,000.00		237,776.27		01-Feb-2005		6.500%		MI - 80.00%		360		01-Nov-2004
38268436 1			89,352.00		88,513.60		06-Mar-2005		7.015%		NC - 79.78%		360		01-Nov-2004
409090820 3			80,100.00		79,592.40		01-Feb-2005		8.699%		GA - 90.00%		360		01-Nov-2004
38283678 1			157,250.00		155,797.56		01-Mar-2005		7.490%		MI - 85.00%		360		01-Nov-2004
409238109 3			175,000.00		173,819.65		01-Jan-2005		8.125%		GA - 100.00%		360		01-Nov-2004
38259467 2			113,600.00		112,866.27		01-Dec-2004		9.275%		MI - 80.00%		360		01-Nov-2004
TOTAL			608,700.00		604,181.63
38260435 2			262,400.00		262,400.00		01-Dec-2004		7.500%		GA - 80.00%		360		01-Nov-2004
38683208 2			85,000.00		84,414.13		01-Mar-2005		8.509%		MI - 83.33%		360		01-Dec-2004
38684081 2			240,000.00		237,316.99		01-Feb-2005		6.500%		MI - 80.00%		360		01-Nov-2004
38256226 3			82,400.00		81,801.66		01-Apr-2005		8.250%		TX - 80.00%		360		01-Nov-2004
38260211 3			82,400.00		81,745.00		01-Mar-2005		8.250%		TX - 80.00%		360		01-Nov-2004
38261091 3			80,100.00		79,491.51		01-Feb-2005		8.699%		GA - 90.00%		360		01-Nov-2004
38277341 3			84,600.00		84,169.24		05-Nov-2004		9.990%		FL - 90.00%		360		01-Nov-2004
38683657 3			175,000.00		173,573.86		01-Jan-2005		8.125%		GA - 100.00%		360		01-Nov-2004
TOTAL			1,623,102.00		1,611,577.23
Page 16 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
Foreclosure Report
Loan Number			Original		Stated				Current		State &
														First
&			Principal		Principal		Paid to		Note		LTV at		Original		Payment
Loan Group			Balance		Balance		Date		Rate		Origination		Term		Date
1784467 1
1838113 1
			81,950.00		81,508.57		01-Apr-2005		8.700%		MI - 55.00%		360		01-Dec-2004
			57,600.00		57,344.07		01-Apr-2005		11.500%		CA - 20.00%		360		01-Nov-2004
1824614 1			164,000.00		164,000.00		01-Feb-2005		7.400%		OR - 80.00%		360		01-Nov-2004
1824669 1			41,000.00		40,549.07		01-Jan-2005		11.700%		OR - 20.00%		240		01-Nov-2004
1869230 1			186,300.02		186,300.02		01-Feb-2005		7.900%		MN - 90.00%		360		01-Dec-2004
1906972 1			130,000.00		129,185.20		01-Apr-2005		7.950%		GA - 63.41%		360		01-Dec-2004
1878206 1			99,920.00		99,920.00		01-Jun-2005		6.150%		CO - 80.00%		360		01-Dec-2004
1922971 1			304,000.00		304,000.00		01-Jan-2005		6.950%		TX - 80.00%		360		01-Dec-2004
11071846 1			63,200.00		62,731.94		01-Mar-2005		7.100%		FL - 80.00%		360		01-Dec-2004
1925724 1			238,000.00		235,898.15		01-Mar-2005		6.750%		MA - 70.00%		360		01-Jan-2005
41062517 1			124,100.00		123,470.04		01-Mar-2005		8.990%		IL - 85.00%		360		01-Dec-2004
11071846 1			63,200.00		62,624.51		01-Mar-2005		7.100%		FL - 80.00%		360		01-Dec-2004
81051881 1			120,250.00		119,699.37		01-Mar-2005		9.490%		VA - 65.00%		360		01-Dec-2004
31029860 1			119,000.00		118,250.00		01-May-2005		8.950%		CA - 26.15%		360		01-Dec-2004
121035728 1			54,000.00		53,725.85		01-Mar-2005		8.990%		MN - 51.43%		360		01-Dec-2004
38257850 1			45,000.00		44,730.98		01-May-2005		9.650%		FL - 90.00%		360		01-Nov-2004
141043046 1			125,000.00		124,333.52		01-Mar-2005		8.150%		NY - 78.13%		360		01-Jan-2005
38259523 1			91,800.00		91,212.03		01-Apr-2005		10.200%		IL - 90.00%		360		01-Nov-2004
271016636 1			91,000.00		90,370.63		01-Apr-2005		7.450%		MN - 70.00%		360		01-Dec-2004
38268204 1			49,999.50		49,653.59		30-May-2005		8.940%		VA - 82.64%		360		01-Oct-2004
321021030 1			171,000.00		169,707.38		01-Mar-2005		7.550%		CO - 95.00%		360		01-Nov-2004
38268484 1			103,959.20		102,941.23		28-Feb-2005		7.190%		NC - 79.97%		360		01-Oct-2004
381017301 1			159,800.00		158,581.50		01-Mar-2005		6.950%		MA - 85.00%		360		01-Dec-2004
38268844 1			135,150.00		134,224.16		08-Jun-2005		8.540%		TN - 85.00%		360		01-Nov-2004
409024311 1			165,000.00		164,319.25		01-Jan-2005		9.990%		OK - 75.00%		360		01-Dec-2004
38268852 1			122,400.00		121,261.39		05-Mar-2005		6.990%		SC - 80.00%		360		01-Nov-2004
409088880 1			91,800.00		91,298.76		01-Apr-2005		10.200%		IL - 90.00%		360		01-Nov-2004
38269060 1			134,800.00		133,533.83		14-Jun-2005		6.940%		NC - 78.37%		360		01-Nov-2004
409306542 1			135,120.00		134,435.44		01-Jan-2005		9.000%		IL - 80.00%		360		01-Dec-2004
38269604 1			64,000.00		63,619.59		18-Jan-2005		9.240%		TN - 71.91%		360		01-Nov-2004
521020018 1			121,600.00		120,681.69		01-Apr-2005		7.000%		MO - 95.00%		360		01-Dec-2004
38270460 1			192,000.00		190,213.89		13-Feb-2005		6.990%		FL - 80.00%		360		01-Nov-2004
551003609 1			103,500.00		102,936.87		01-Apr-2005		8.650%		OK - 90.00%		360		01-Dec-2004
38271644 1			146,700.00		145,240.42		11-Apr-2005		6.640%		OH - 90.00%		360		01-Nov-2004
651006267 1			52,000.00		51,725.60		01-Feb-2005		8.800%		SC - 80.00%		360		01-Dec-2004
38273108 1			210,400.00		208,095.89		01-May-2005		6.290%		IL - 80.00%		360		01-Dec-2004
671001535 1			170,000.00		168,704.52		01-Mar-2005		7.350%		CA - 73.91%		360		01-Dec-2004
38273764 1			88,800.00		87,882.22		01-Apr-2005		6.440%		IL - 80.00%		360		01-Dec-2004
731007520 1			306,000.00		304,098.25		01-May-2005		7.990%		GA - 85.00%		360		01-Dec-2004
38274781 1			268,000.00		265,027.14		28-Apr-2005		6.540%		NY - 80.00%		360		01-Oct-2004
741008269 1			70,200.00		69,654.27		01-Mar-2005		6.850%		OH - 90.00%		360		01-Dec-2004
38275037 1			276,000.00		272,938.33		13-Jun-2005		6.065%		CT - 79.31%		360		01-Nov-2004
841001310 1			63,000.00		62,674.20		01-Mar-2005		8.900%		MI - 70.00%		360		01-Dec-2004
38275357 1			156,000.00		154,433.05		01-Apr-2005		6.590%		CO - 80.00%		360		01-Dec-2004
841001404 1			127,500.00		126,617.85		01-Mar-2005		7.500%		MI - 82.79%		360		01-Dec-2004
38278565 1			77,600.00		76,842.56		08-May-2005		6.740%		IL - 78.38%		360		01-Nov-2004
2010040924910 1			89,352.00		88,591.08		06-Mar-2005		7.015%		NC - 79.78%		360		01-Nov-2004
38283630 1			65,586.00		65,233.53		01-Jun-2005		9.740%		MI - 74.53%		360		01-Dec-2004
2010040925830 1			103,959.20		103,028.87		28-Feb-2005		7.190%		NC - 79.97%		360		01-Oct-2004
38285318 1			282,488.00		280,533.48		01-May-2005		8.490%		NV - 79.57%		360		01-Dec-2004
2010040928730 1			87,280.00		86,309.46		29-Mar-2005		6.090%		TN - 79.71%		360		01-Oct-2004
38285494 1			104,000.00		103,273.08		01-Feb-2005		8.440%		OR - 80.00%		360		01-Dec-2004
2010041035260 1			64,000.00		63,655.48		18-Jan-2005		9.240%		TN - 71.91%		360		01-Nov-2004
38286318 1			196,000.00		194,246.02		01-Jun-2005		7.190%		CA - 80.00%		360		01-Dec-2004
2020041069410 1			96,000.00		95,166.74		22-Mar-2005		6.840%		OH - 80.00%		360		01-Nov-2004
38286462 1			127,500.00		126,652.71		15-Mar-2005		8.690%		TN - 85.00%		360		01-Nov-2004
2080040917890 1			157,250.00		156,047.23		01-Mar-2005		7.490%		MI - 85.00%		360		01-Nov-2004
38286782 1			124,800.00		123,742.52		01-Mar-2005		7.470%		FL - 80.00%		360		01-Dec-2004
2080041023890 1			58,000.00		57,496.53		27-Mar-2005		6.840%		MI - 78.38%		360		01-Nov-2004
38680888 1			80,000.00		79,533.32		01-May-2005		9.490%		IN - 89.89%		360		01-Dec-2004
2100040952890 1			156,000.00		154,725.01		01-Apr-2005		6.590%		CO - 80.00%		360		01-Dec-2004
38681392 1			101,250.00		100,585.27		01-Apr-2005		8.750%		NY - 75.00%		360		01-Dec-2004
2100041055320 1			276,250.00		274,064.79		01-Jan-2005		6.760%		CO - 84.48%		360		01-Dec-2004
38687329 1			165,000.00		164,160.95		01-Jan-2005		9.990%		OK - 75.00%		360		01-Dec-2004
2260041077300 1			104,000.00		103,409.45		01-Feb-2005		8.440%		OR - 80.00%		360		01-Dec-2004
38689169 1			135,120.00		134,276.96		01-Jan-2005		9.000%		IL - 80.00%		360		01-Dec-2004
2280041087850 1			103,000.00		102,398.60		27-May-2005		8.840%		IA - 79.84%		360		01-Nov-2004
41062517 1			124,100.00		123,324.21		01-Dec-2005		8.990%		IL - 85.00%		360		01-Dec-2004
2330040979390 1			127,500.00		126,732.54		15-Mar-2005		8.690%		TN - 85.00%		360		01-Nov-2004
61055185 1			115,200.00		114,210.44		01-Jun-2005		7.400%		OH - 80.00%		360		01-Dec-2004
2360041038780 1			124,800.00		123,940.20		01-Mar-2005		7.470%		FL - 80.00%		360		01-Dec-2004
121035728 1			54,000.00		53,662.39		01-Feb-2005		8.990%		MN - 51.43%		360		01-Dec-2004
1833055 2			33,600.00		33,115.54		01-Apr-2005		10.250%		MT - 20.00%		240		01-Nov-2004
141043046 1			125,000.00		124,161.18		01-Jan-2005		8.150%		NY - 78.13%		360		01-Jan-2005
1853431 2			30,800.00		30,476.22		01-Mar-2005		11.200%		CO - 20.00%		240		01-Dec-2004
271016636 1			91,000.00		90,225.94		01-Apr-2005		7.450%		MN - 70.00%		360		01-Dec-2004
1854247 2			210,000.00		209,060.06		01-Feb-2005		9.600%		CA - 70.00%		360		01-Dec-2004
321021030 1			171,000.00		169,438.98		01-Jun-2005		7.550%		CO - 95.00%		360		01-Nov-2004
1866578 2			165,600.00		165,600.00		01-Jan-2005		5.850%		CA - 80.00%		360		01-Nov-2004
351022024 1			55,250.00		55,088.23		01-Mar-2005		12.100%		TX - 65.00%		360		01-Jan-2005
1888789 2			299,625.00		297,250.34		01-Mar-2005		6.750%		IL - 85.00%		360		01-Dec-2004
371022045 1			112,500.00		111,624.87		01-Apr-2005		8.150%		FL - 90.00%		360		01-Dec-2004
1908451 2			272,000.00		270,744.06		01-Apr-2005		9.450%		OH - 85.00%		360		01-Dec-2004
551003609 1			103,500.00		102,806.71		01-Apr-2005		8.650%		OK - 90.00%		360		01-Dec-2004
161037575 2			248,250.00		246,263.51		01-Apr-2005		6.700%		MA - 75.00%		360		01-Dec-2004
651006267 1			52,000.00		51,662.13		01-Feb-2005		8.800%		SC - 80.00%		360		01-Dec-2004
211024589 2			171,000.00		170,122.48		01-Apr-2005		8.340%		NC - 90.00%		360		01-Jan-2005
731007520 1			306,000.00		303,659.99		01-Jun-2005		7.990%		GA - 85.00%		360		01-Dec-2004
231055996 2			180,000.00		178,679.78		01-Jan-2005		7.150%		PA - 80.00%		360		01-Dec-2004
741008253 1			64,000.00		61,699.83		01-Apr-2005		6.950%		MS - 80.00%		180		01-Dec-2004
321021417 2			264,000.00		262,170.49		01-Mar-2005		7.440%		CO - 80.00%		360		01-Dec-2004
741008269 1			70,200.00		69,529.15		01-Feb-2005		6.850%		OH - 90.00%		360		01-Dec-2004
401267574 2			140,000.00		137,737.40		01-Apr-2005		6.125%		CT - 80.00%		360		01-May-2004
741008367 1			100,000.00		99,219.35		01-Apr-2005		7.900%		KY - 91.74%		360		01-Dec-2004
841001310 1			63,000.00		62,598.81		01-Mar-2005		8.900%		MI - 70.00%		360		01-Dec-2004
841001404 1			127,500.00		126,416.95		01-Mar-2005		7.500%		MI - 82.79%		360		01-Dec-2004
Page 17 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
Loan Number			Original		Stated				Current		State &
														First
&			Principal		Principal		Paid to		Note		LTV at		Original		Payment
Loan Group			Balance		Balance		Date		Rate		Origination		Term		Date
407169343 2
1822968 2
			262,400.00		262,400.00		01-Dec-2004		7.500%		GA - 80.00%		360		01-Nov-2004
			58,400.00		58,007.17		01-Apr-2005		8.950%		MI - 73.00%		360		01-Dec-2004
407305627 2			125,896.00		124,687.04		01-Mar-2005		6.825%		SC - 80.00%		360		01-Oct-2004
1833055 2			33,600.00		33,021.18		01-Apr-2005		10.250%		MT - 20.00%		240		01-Nov-2004
408198628 2			82,875.00		82,329.50		01-Mar-2005		7.750%		CA - 85.00%		360		01-Dec-2004
1842936 2			41,200.00		40,547.54		01-Apr-2005		10.350%		CA - 20.00%		240		01-Nov-2004
408199019 2			100,000.00		99,115.46		01-Mar-2005		7.250%		WA - 80.00%		360		01-Oct-2004
1853431 2			30,800.00		30,400.51		01-Mar-2005		11.200%		CO - 20.00%		240		01-Dec-2004
409102564 2			123,250.00		122,354.36		01-Apr-2005		7.750%		RI - 79.52%		360		01-Nov-2004
1895226 2			293,840.00		290,383.20		01-Jun-2005		5.750%		OK - 80.00%		360		01-Dec-2004
409157478 2			160,080.00		158,916.69		01-Mar-2005		7.750%		DE - 80.00%		360		01-Nov-2004
1904309 2			170,000.00		169,105.26		01-Jun-2005		9.825%		NV - 69.39%		360		01-Dec-2004
409272433 2			116,000.00		115,073.68		01-Apr-2005		7.270%		AZ - 80.00%		360		01-Nov-2004
1908451 2			272,000.00		270,452.72		01-Apr-2005		9.450%		OH - 85.00%		360		01-Dec-2004
410018004 2			233,750.00		232,263.63		01-Apr-2005		7.875%		CA - 85.00%		360		01-Dec-2004
38256306 2			112,500.00		111,729.72		01-Apr-2005		8.990%		TX - 75.00%		360		01-Nov-2004
410048914 2			85,000.00		84,524.06		01-Mar-2005		8.509%		MI - 83.33%		360		01-Dec-2004
38257746 2			165,000.00		163,837.10		01-Jun-2005		8.850%		IL - 100.00%		360		01-Nov-2004
410142788 2			99,200.00		98,469.38		01-Feb-2005		7.129%		IN - 80.00%		360		01-Dec-2004
38258595 2			125,896.00		124,459.01		01-Mar-2005		6.825%		SC - 80.00%		360		01-Oct-2004
410186824 2			105,750.00		104,678.88		01-Apr-2005		7.500%		OH - 90.00%		360		01-Dec-2004
38259299 2			301,600.00		299,132.15		01-Jun-2005		8.250%		MA - 80.00%		360		01-Nov-2004
651005867 2			155,000.00		154,156.63		01-Mar-2005		8.650%		RI - 67.39%		360		01-Dec-2004
38259619 2			123,250.00		122,168.22		01-Apr-2005		7.750%		RI - 79.52%		360		01-Nov-2004
1809138 3			361,250.00		359,511.52		01-Dec-2004		9.250%		NY - 85.00%		360		01-Dec-2004
38260363 2			100,800.00		100,146.77		01-Jun-2005		9.259%		MI - 70.00%		360		01-Nov-2004
1896814 3			420,000.00		416,978.87		01-Mar-2005		7.250%		CA - 84.00%		360		01-Dec-2004
38688313 2			233,750.00		231,921.27		01-Apr-2005		7.875%		CA - 85.00%		360		01-Dec-2004
161036275 3			130,400.00		129,273.71		01-Mar-2005		6.300%		NH - 80.00%		360		01-Dec-2004
38688881 2			99,200.00		98,301.66		01-Feb-2005		7.129%		IN - 80.00%		360		01-Dec-2004
271017680 3			99,655.00		99,005.38		01-Mar-2005		7.750%		MN - 95.00%		360		01-Dec-2004
161037575 2			248,250.00		245,808.38		01-Apr-2005		6.700%		MA - 75.00%		360		01-Dec-2004
403162936 3			360,000.00		359,792.33		01-Apr-2005		6.875%		CA - 80.00%		360		01-May-2004
211024589 2			171,000.00		169,895.39		01-Apr-2005		8.340%		NC - 90.00%		360		01-Jan-2005
405040770 3			105,000.00		102,764.56		01-Feb-2005		6.500%		FL - 76.09%		360		01-Sep-2004
231055996 2			180,000.00		178,376.68		01-Jan-2005		7.150%		PA - 80.00%		360		01-Dec-2004
408039613 3			127,500.00		126,362.91		01-Apr-2005		6.699%		WA - 85.00%		360		01-Nov-2004
321021417 2			264,000.00		261,749.93		01-Feb-2005		7.440%		CO - 80.00%		360		01-Dec-2004
408117950 3			218,000.00		216,233.49		01-Apr-2005		7.200%		CA - 80.00%		360		01-Nov-2004
321021473 2			166,500.00		165,266.75		01-Mar-2005		8.150%		UT - 90.00%		360		01-Dec-2004
409091142 3			86,700.00		86,129.71		01-Mar-2005		8.250%		TN - 85.00%		360		01-Nov-2004
331030523 2			197,400.00		195,197.90		01-May-2005		6.990%		NY - 75.92%		360		01-Dec-2004
409202428 3			82,400.00		81,857.94		01-Mar-2005		8.250%		TX - 80.00%		360		01-Nov-2004
651005867 2			155,000.00		153,961.69		01-Apr-2005		8.650%		RI - 67.39%		360		01-Dec-2004
409202498 3			82,400.00		81,913.83		01-Apr-2005		8.250%		TX - 80.00%		360		01-Nov-2004
651006136 2			146,400.00		145,248.98		01-May-2005		7.850%		FL - 80.00%		360		01-Dec-2004
661002666 3			78,600.00		77,946.43		01-Mar-2005		6.500%		CA - 71.45%		360		01-Dec-2004
1809138 3			361,250.00		359,108.60		01-Dec-2004		9.250%		NY - 85.00%		360		01-Dec-2004
741008097 3			72,000.00		71,451.00		01-Mar-2005		6.950%		OH - 75.00%		360		01-Dec-2004
1896814 3			420,000.00		416,284.98		01-May-2005		7.250%		CA - 84.00%		360		01-Dec-2004
831027453 3			50,000.00		48,396.23		01-Mar-2005		9.350%		CA - 6.67%		180		01-Sep-2004
38255834 3			141,714.00		140,745.51		01-Jun-2005		8.999%		IN - 90.00%		360		01-Nov-2004
841001425 3			109,250.00		108,625.25		01-Apr-2005		7.800%		MI - 95.00%		360		01-Jan-2005
38255866 3			127,500.00		126,127.80		01-Apr-2005		6.699%		WA - 85.00%		360		01-Nov-2004
2010041040700 3			104,000.00		102,497.82		26-Feb-2005		6.990%		NC - 84.90%		360		01-Nov-2004
38256250 3			218,000.00		215,867.68		01-Apr-2005		7.200%		CA - 80.00%		360		01-Nov-2004
2010041045940 3			272,700.00		270,530.87		29-Mar-2005		7.290%		VA - 90.00%		360		01-Nov-2004
38256442 3			143,200.00		141,943.04		01-May-2005		7.750%		NY - 80.00%		360		01-Nov-2004
2020041071640 3			92,200.00		91,731.92		01-Mar-2005		8.990%		OH - 74.35%		360		01-Dec-2004
38257882 3			86,700.00		86,010.88		01-Mar-2005		8.250%		TN - 85.00%		360		01-Nov-2004
2030040924510 3			78,000.00		77,404.54		06-Dec-2004		7.500%		DE - 55.71%		360		01-Nov-2004
38258491 3			105,000.00		102,562.58		01-Feb-2005		6.500%		FL - 76.09%		360		01-Sep-2004
2030040927170 3			71,400.00		70,864.50		09-Feb-2005		7.590%		DE - 85.00%		360		01-Nov-2004
38259995 3			136,000.00		134,677.19		01-Apr-2005		7.250%		PA - 80.00%		360		01-Nov-2004
2030041032780 3			117,000.00		116,189.34		20-Feb-2005		7.990%		PA - 90.00%		360		01-Nov-2004
38270780 3			78,000.00		77,342.93		06-Dec-2004		7.500%		DE - 55.71%		360		01-Nov-2004
2030041034310 3			368,000.00		365,596.30		08-Apr-2005		7.740%		DE - 80.00%		360		01-Dec-2004
38270924 3			71,400.00		70,809.06		09-Feb-2005		7.590%		DE - 85.00%		360		01-Nov-2004
2050040996290 3			98,100.00		97,327.23		03-Mar-2005		7.340%		IN - 90.00%		360		01-Nov-2004
38271452 3			117,000.00		116,105.28		20-Feb-2005		7.990%		PA - 90.00%		360		01-Nov-2004
2050041003300 3			72,165.00		71,739.13		21-Mar-2005		8.790%		IN - 84.90%		360		01-Nov-2004
38271732 3			98,100.00		97,247.33		03-Mar-2005		7.340%		IN - 90.00%		360		01-Nov-2004
2050041004600 3			90,000.00		89,440.58		01-Mar-2005		7.990%		OH - 100.00%		360		01-Dec-2004
38271956 3			72,165.00		71,694.83		21-Mar-2005		8.790%		IN - 84.90%		360		01-Nov-2004
2050041005090 3			109,020.00		108,396.36		19-Feb-2005		8.940%		OH - 79.00%		360		01-Nov-2004
38272060 3			90,000.00		89,311.67		01-Mar-2005		7.990%		OH - 100.00%		360		01-Dec-2004
2050041012150 3			60,550.00		60,082.29		28-Dec-2004		7.440%		IN - 70.00%		360		01-Nov-2004
38272148 3			109,020.00		108,331.42		19-Feb-2005		8.940%		OH - 79.00%		360		01-Nov-2004
2060041086130 3			299,000.00		296,844.36		22-Feb-2005		7.790%		FL - 74.75%		360		01-Nov-2004
38272868 3			298,400.00		295,729.60		14-Mar-2005		7.190%		FL - 80.00%		360		01-Nov-2004
2060041086880 3			298,400.00		295,979.68		14-Mar-2005		7.190%		FL - 80.00%		360		01-Nov-2004
38273252 3			170,000.00		168,307.34		01-Dec-2004		7.440%		WI - 85.00%		360		01-Nov-2004
2070040946040 3			170,000.00		168,581.16		01-Dec-2004		7.440%		WI - 85.00%		360		01-Nov-2004
38273612 3			68,000.00		67,529.51		01-Jun-2005		8.490%		WI - 80.00%		360		01-Dec-2004
2070041052930 3			164,610.00		163,497.97		01-Apr-2005		7.590%		IL - 89.46%		360		01-Dec-2004
38273772 3			164,610.00		163,243.13		01-Apr-2005		7.590%		IL - 89.46%		360		01-Dec-2004
2070041054210 3			468,000.00		465,090.30		01-Jan-2005		7.990%		IL - 80.00%		360		01-Dec-2004
38274421 3			97,600.00		96,800.10		05-May-2005		7.640%		MI - 80.00%		360		01-Nov-2004
2090040904510 3			225,250.00		223,689.31		18-Mar-2005		7.990%		NY - 85.00%		360		01-Nov-2004
38275077 3			320,000.00		317,617.78		13-Feb-2005		8.125%		MA - 80.00%		360		01-Nov-2004
2090040904690 3			320,000.00		317,841.73		13-Feb-2005		8.125%		MA - 80.00%		360		01-Nov-2004
38275229 3			207,920.00		206,130.44		18-Mar-2005		7.390%		MA - 79.97%		360		01-Nov-2004
2090041006190 3			207,920.00		206,298.16		18-Mar-2005		7.390%		MA - 79.97%		360		01-Nov-2004
38278429 3			135,200.00		134,176.10		04-Feb-2005		8.040%		SD - 80.00%		360		01-Nov-2004
2250040905520 3			84,600.00		84,250.43		05-Nov-2004		9.990%		FL - 90.00%		360		01-Nov-2004
38278661 3			50,000.00		49,656.04		12-May-2005		8.740%		NE - 78.74%		360		01-Nov-2004
2280040980520 3			117,000.00		113,222.86		01-Feb-2005		7.040%		SD - 87.97%		180		01-Nov-2004
38279605 3			180,000.00		178,356.79		01-Jun-2005		7.550%		TX - 80.00%		360		01-Nov-2004
2280040980980 3			135,200.00		134,272.29		04-Feb-2005		8.040%		SD - 80.00%		360		01-Nov-2004
38279997 3			117,600.00		116,473.78		15-Dec-2004		6.840%		GA - 79.46%		360		01-Nov-2004
38280253 3			176,256.00		174,696.97		19-Apr-2005		7.250%		NJ - 78.34%		360		01-Nov-2004
Page 18 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
TOTAL			14,839,057.22		14,738,677.25
Loan Number			Original		Stated				Current		State &
														First
&			Principal		Principal		Paid to		Note		LTV at		Original		Payment
Loan Group			Balance		Balance		Date		Rate		Origination		Term		Date
38281453 3
			104,000.00		102,403.64		26-Feb-2005		6.990%		NC - 84.90%		360		01-Nov-2004
38281901 3			92,200.00		91,623.56		01-Mar-2005		8.990%		OH - 74.35%		360		01-Dec-2004
38282462 3			60,800.00		60,383.48		25-May-2005		8.540%		IN - 76.00%		360		01-Nov-2004
38282726 3			60,550.00		60,033.92		28-Dec-2004		7.440%		IN - 70.00%		360		01-Nov-2004
38688569 3			124,900.00		123,893.11		01-Apr-2005		8.599%		OH - 100.00%		360		01-Oct-2004
131028600 3			85,500.00		85,003.54		01-Apr-2005		9.350%		KY - 94.27%		360		01-Dec-2004
161036275 3			130,400.00		129,016.13		01-Feb-2005		6.300%		NH - 80.00%		360		01-Dec-2004
261049243 3			68,250.00		67,931.22		01-May-2005		9.920%		LA - 75.00%		360		01-Jan-2005
271017680 3			99,655.00		98,855.84		01-Mar-2005		7.750%		MN - 95.00%		360		01-Dec-2004
321021776 3			81,500.00		81,228.00		01-May-2005		11.500%		UT - 20.00%		360		01-Jan-2005
661002676 3			200,000.00		198,088.68		01-Sep-2005		6.850%		CA - 72.73%		360		01-Dec-2004
831027453 3			50,000.00		48,114.11		01-Mar-2005		9.350%		CA - 6.67%		180		01-Sep-2004
841001425 3			109,250.00		108,463.93		01-Apr-2005		7.800%		MI - 95.00%		360		01-Jan-2005
TOTAL			15,664,648.72		15,534,800.75
Page 19 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
Prepayment Report
VOLUNTARY PREPAYMENTS
									Group 3		Group 2		Group 1		Total
Current
Number of Paid in Full Loans								9295		86103		8891		~~266~~289
Number of Repurchased Loans								0		0		0		0
Total Number of Loans Prepaid in Full								9295		86103		8891		~~266~~289
Curtailments Amount								70-6,~~102~~797.5665		1511,~~913~~678.5494		3720,~~774~~792.3441		~~123~~25,~~790~~673.4470
Paid in Full Balance								19,~~543~~959,~~857~~378.5133		1617,~~921~~711,~~815~~111.62		1315,~~955~~460,~~933~~956.3709		5053,~~421~~131,~~606~~446.5004
Repurchased Loans Balance								0.00		0.00		0.00		0.00
Total Prepayment Amount								19,~~613~~952,~~960~~580.0768		1617,~~937~~722,~~729~~790.1656		1315,~~993~~481,~~707~~748.7150		5053,~~545~~157,~~396~~119.9474
Cumulative
Number of Paid in Full Loans								~~377~~568		~~366~~567		~~369~~584		1,~~112~~719
Number of Repurchased Loans								2		1		0		3
Total Number of Loans Prepaid in Full								~~379~~570		~~367~~568		~~369~~584		1,~~115~~722
Paid in Full Balance								82122,~~199~~475,~~468~~117.9375		70105,~~199~~558,~~791~~225.5267		5993,~~529~~972,~~438~~008.8095		~~211~~322,~~928~~005,~~699~~352.2537
Repurchased Loans Balance								502,879.82		65,328.97		0.00		568,208.79
Curtailments Amount								~~409~~406,~~495~~669.8898		~~118~~155,~~415~~464.9198		~~224~~198,~~466~~203.5654		~~752~~760,~~378~~338.3550
Total Prepayment Amount								83123,~~111~~384,~~844~~667.6355		70105,~~383~~779,~~536~~019.4062		5994,~~753~~170,~~905~~212.3649		~~213~~323,~~249~~333,~~286~~899.3966
Page 20 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
VOLUNTARY PREPAYMENTS RATES
									Group 3		Group 2		Group 1		Total
SMM								34.7514%		34.8137%		3.0976%		34.5609%
3 Months Avg SMM								3.6097%		34.4910%		23.73%		3.2994%
12 Months Avg SMM								3.0132%		3.0036%		2.5396%		23.8522%
Avg SMM Since Cut-off								3.0132%		3.0036%		2.5396%		23.8522%
CPR								3639.7876%		3741.2550%		3136.4289%		3539.2641%
3 Months Avg CPR								3538.6253%		3439.6852%		2836.2861%		3338.0724%
12 Months Avg CPR								3033.6628%		3033.5962%		2630.4530%		2932.3345%
Avg CPR Since Cut-off								3033.6628%		3033.5962%		2630.4530%		2932.3345%
PSA								1,~~963~~750.2136%		21,~~015~~847.9008%		1,~~686~~628.1081%		1,~~893~~742.8062%
3 Months Avg PSA Approximation								21,~~128~~859.5524%		21,~~104~~930.8963%		1,~~699~~774.5802%		1,~~989~~854.5866%
12 Months Avg PSA Approximation								21,~~080~~988.6381%		2,~~112~~040.8965%		1,~~806~~820.2651%		21,~~005~~952.2632%
Avg PSA Since Cut-off Approximation								21,~~080~~988.6480%		2,~~112~~040.8965%		1,~~806~~820.2651%		21,~~005~~952.2732%
Page 21 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
PREPAYMENT CALCULATION METHODOLOGY
Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases + Liquidations )/(Beg Principal Balance - Sched Principal) Conditional Prepayment Rate (CPR): 1-((1-SMM)^12) PSA Standard Prepayment Model: CPR/(0.002min(30,WAS)) Average SMM over period between nth month and mth month (AvgSMMn,m): [(1-SMMn)(1-SMMn+1)...(1-SMMm)]^(1/months in period n,m) Conditional Prepayment Rate (CPR): 1-((1-SMM)^12) Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.002*Avg WASn,m)) Average WASn,m: (min(30,WASn)+min(30,WASn+1)+...+min(30,WASm)/(number of months in the period n,m) Weighted Average Seasoning (WAS) Dates correspond to distribution dates. Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments, liquidations, and repurchases.
Page 22 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
Prepayment Detail Report
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment
Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date
1537654 1			35,632.00		35,250.54			08-Aug-2005		10.500%		AZ - 20.00%		Paid Off - 240		01-Dec-2004
1794873 2			68,400.00		68,106.70			28-Sep-2005		11.750%		MD - 20.00%		Paid Off - 360		01-Oct-2004
1559871 1			290,000.00		287,312.96			18-Jul-2005		6.499%		CA - 79.45%		Paid Off - 360		01-Oct-2004
1833718 2			70,000.00		68,993.72			27-Sep-2005		10.400%		CA - 20.00%		Paid Off - 240		01-Nov-2004
1776151 1			46,000.00		45,516.61			15-Aug-2005		12.050%		FL - 20.00%		Paid Off - 240		01-Oct-2004
1833801 3			87,000.00		86,540.79			29-Sep-2005		10.250%		CA - 20.00%		Paid Off - 360		01-Oct-2004
1791895 1			45,200.00		44,237.88			19-Jul-2005		10.600%		FL - 20.00%		Paid Off - 180		01-Nov-2004
1834133 3			100,000.00		99,528.48			05-Oct-2005		10.350%		MA - 20.00%		Paid Off - 360		01-Nov-2004
1826811 3			82,400.00		82,084.81			26-Jul-2005		10.350%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1835910 3			84,000.00		83,592.66			03-Oct-2005		10.250%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1827961 3			81,000.00		80,714.91			01-Aug-2005		11.450%		DC - 20.00%		Paid Off - 360		01-Nov-2004
1838984 3			77,000.00		76,640.77			03-Oct-2005		10.400%		IL - 20.00%		Paid Off - 360		01-Nov-2004
1829508 3			76,741.00		76,474.32			01-Aug-2005		10.800%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1839189 2			48,069.00		47,360.89			29-Sep-2005		10.200%		NY - 20.00%		Paid Off - 240		01-Nov-2004
1836634 1			71,900.00		71,650.12			11-Aug-2005		10.800%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1841755 3			72,000.00		71,645.47			28-Sep-2005		10.150%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1841507 1			62,400.00		62,129.22			27-Jul-2005		9.750%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1842338 3			83,000.00		82,656.81			16-Sep-2005		10.500%		CA - 20.00%		Paid Off - 360		01-Dec-2004
1854832 2			44,000.00		43,834.19			28-Jul-2005		11.100%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1843438 1			170,000.00		168,637.20			22-Sep-2005		7.250%		CA - 85.00%		Paid Off - 360		01-Dec-2004
1857148 1			208,000.00		206,727.06			29-Jul-2005		8.600%		AZ - 100.00%		Paid Off - 360		01-Dec-2004
1844181 3			78,257.00		77,879.06			05-Oct-2005		10.990%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1857836 2			283,100.00		281,790.26			10-Aug-2005		8.850%		FL - 95.00%		Paid Off - 360		01-Dec-2004
1845039 2			350,000.00		349,999.98			20-Sep-2005		6.875%		CA - 82.35%		Paid Off - 300		01-Dec-2004
1860003 1			292,000.00		291,999.34			03-Aug-2005		6.350%		CA - 80.00%		Paid Off - 360		01-Nov-2004
1845878 1			254,520.00		254,520.00			27-Sep-2005		7.425%		NY - 84.84%		Paid Off - 360		01-Nov-2004
1860248 2			160,000.00		158,803.39			12-Aug-2005		7.050%		NJ - 80.00%		Paid Off - 360		01-Nov-2004
1846319 2			200,000.00		198,070.16			11-Oct-2005		6.800%		CA - 66.67%		Paid Off - 360		01-Nov-2004
1861617 3			95,000.00		94,662.75			04-Aug-2005		10.700%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1847691 1			54,754.00		54,422.67			16-Sep-2005		9.150%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1863037 2			30,000.00		29,620.54			05-Aug-2005		9.750%		AZ - 20.00%		Paid Off - 240		01-Nov-2004
1847717 2			62,600.00		62,290.66			20-Sep-2005		9.650%		CA - 20.00%		Paid Off - 360		01-Dec-2004
1865400 1			48,000.00		47,562.98			19-Jul-2005		12.300%		NV - 20.00%		Paid Off - 240		01-Nov-2004
1847943 3			367,000.00		365,255.93			11-Oct-2005		6.875%		CA - 74.14%		Paid Off - 300		01-Dec-2004
1866476 1			276,250.00		276,186.95			21-Jul-2005		6.625%		CA - 85.00%		Paid Off - 300		01-Dec-2004
1848597 2			84,000.00		83,731.68			20-Sep-2005		12.225%		SC - 70.00%		Paid Off - 360		01-Nov-2004
1866746 1			208,000.00		206,061.80			21-Jul-2005		5.250%		NJ - 65.00%		Paid Off - 360		01-Dec-2004
1850561 2			348,750.00		345,519.26			26-Sep-2005		6.500%		NJ - 75.00%		Paid Off - 360		01-Dec-2004
1867158 2			51,200.00		51,010.30			26-Jul-2005		10.500%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1852563 2			252,000.00		249,209.92			26-Sep-2005		5.550%		DC - 72.00%		Paid Off - 360		01-Dec-2004
1869465 2			299,250.00		296,882.68			28-Jul-2005		6.990%		CA - 95.00%		Paid Off - 360		01-Nov-2004
1860572 1			307,000.00		305,133.52			16-Sep-2005		8.100%		NJ - 94.46%		Paid Off - 360		01-Jan-2005
1870962 3			67,000.00		66,067.10			21-Jul-2005		9.500%		CA - 13.54%		Paid Off - 360		01-Nov-2004
1863870 1			160,000.00		157,283.91			22-Sep-2005		8.250%		NJ - 61.54%		Paid Off - 240		01-Dec-2004
1872207 1			290,000.00		288,000.48			03-Aug-2005		6.850%		NJ - 57.77%		Paid Off - 360		01-Dec-2004
1865240 3			424,000.00		423,876.50			13-Oct-2005		6.950%		CA - 81.54%		Paid Off - 360		01-Nov-2004
1873031 3			412,000.00		411,987.92			19-Jul-2005		5.700%		CA - 80.00%		Paid Off - 360		01-Nov-2004
1866484 2			145,000.00		143,719.48			07-Oct-2005		6.750%		CA - 56.86%		Paid Off - 360		01-Dec-2004
1874110 1			236,000.00		236,000.00			04-Aug-2005		6.200%		CA - 80.00%		Paid Off - 360		01-Nov-2004
1867024 1			80,800.00		80,787.66			29-Sep-2005		6.050%		FL - 80.00%		Paid Off - 360		01-Dec-2004
1874629 2			180,000.00		178,470.98			26-Jul-2005		5.750%		NV - 78.95%		Paid Off - 360		01-Dec-2004
1869318 2			146,200.00		145,027.89			14-Oct-2005		7.250%		AZ - 85.00%		Paid Off - 360		01-Dec-2004
1874850 1			276,250.00		276,212.21			04-Aug-2005		5.800%		CA - 85.00%		Paid Off - 360		01-Nov-2004
1876806 2			66,000.00		65,394.99			29-Sep-2005		6.750%		IN - 78.57%		Paid Off - 360		01-Dec-2004
1880710 3			97,000.00		95,927.55			10-Aug-2005		9.850%		MI - 20.00%		Paid Off - 240		01-Dec-2004
1877333 2			145,000.00		143,903.95			20-Sep-2005		7.550%		NY - 58.00%		Paid Off - 360		01-Dec-2004
1881782 3			577,500.00		572,878.26			01-Aug-2005		6.700%		CA - 70.00%		Paid Off - 360		01-Nov-2004
1880669 3			90,000.00		88,656.92			23-Sep-2005		10.100%		CA - 20.00%		Paid Off - 240		01-Nov-2004
1885550 1			60,000.00		58,684.70			15-Aug-2005		8.900%		GA - 30.00%		Paid Off - 180		01-Dec-2004
1885573 2			213,750.00		211,951.12			13-Oct-2005		7.000%		MD - 95.00%		Paid Off - 360		01-Dec-2004
1890475 1			346,750.00		345,278.28			27-Jul-2005		7.350%		CA - 95.00%		Paid Off - 360		01-Dec-2004
1886795 1			110,700.00		109,932.46			03-Oct-2005		7.990%		AZ - 90.00%		Paid Off - 360		01-Dec-2004
1892844 3			480,000.00		477,615.18			04-Aug-2005		8.500%		CA - 60.00%		Paid Off - 360		01-Dec-2004
1888414 1			134,000.00		132,635.58			22-Sep-2005		6.000%		CA - 70.53%		Paid Off - 360		01-Dec-2004
1893638 2			245,000.00		243,966.78			04-Aug-2005		9.300%		CA - 69.01%		Paid Off - 360		01-Dec-2004
1889827 2			182,000.00		180,939.58			14-Oct-2005		8.850%		CA - 70.00%		Paid Off - 360		01-Dec-2004
1896170 2			137,000.00		135,963.88			15-Aug-2005		6.600%		WI - 64.02%		Paid Off - 360		01-Dec-2004
1890321 3			391,000.00		387,709.57			04-Oct-2005		7.000%		CA - 85.00%		Paid Off - 360		01-Dec-2004
1896275 2			260,000.00		259,635.94			28-Jul-2005		5.475%		CA - 80.00%		Paid Off - 360		01-Nov-2004
1890460 3			470,000.00		467,060.17			22-Sep-2005		8.500%		VA - 74.02%		Paid Off - 360		01-Dec-2004
1896283 1			65,000.00		64,702.66			28-Jul-2005		10.050%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1892287 2			80,000.00		79,993.59			28-Sep-2005		6.200%		NM - 80.00%		Paid Off - 360		01-Dec-2004
1898449 2			127,500.00		127,500.00			08-Aug-2005		6.750%		MN - 85.00%		Paid Off - 300		01-Dec-2004
1893010 2			190,000.00		189,999.44			14-Oct-2005		6.950%		CA - 79.17%		Paid Off - 360		01-Nov-2004
Page 23 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment
Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date
1899913 2			176,000.00		176,000.00			19-Jul-2005		6.990%		CO - 79.28%		Paid Off - 360		01-Dec-2004
1893025 1			50,000.00		49,794.13			14-Oct-2005		10.990%		CA - 20.83%		Paid Off - 360		01-Nov-2004
1906981 2			75,600.00		75,178.31			11-Aug-2005		7.925%		MI - 84.94%		Paid Off - 360		01-Dec-2004
1893050 2			216,000.00		213,586.34			29-Sep-2005		5.500%		CA - 90.00%		Paid Off - 360		01-Dec-2004
1907411 2			102,400.00		101,896.37			11-Aug-2005		8.550%		TX - 80.00%		Paid Off - 360		01-Dec-2004
1893944 2			134,360.00		134,360.00			21-Sep-2005		6.850%		CA - 80.00%		Paid Off - 360		01-Dec-2004
1907415 2			245,000.00		243,407.41			18-Jul-2005		7.150%		NY - 75.38%		Paid Off - 360		01-Dec-2004
1894012 2			153,000.00		152,170.16			04-Oct-2005		9.200%		MI - 85.00%		Paid Off - 360		01-Dec-2004
1907781 2			267,900.00		266,071.20			04-Aug-2005		6.900%		CA - 95.00%		Paid Off - 360		01-Dec-2004
1894272 1			234,000.00		231,336.62			04-Oct-2005		5.400%		CA - 73.13%		Paid Off - 360		01-Dec-2004
1909354 2			383,400.00		381,118.72			04-Aug-2005		7.600%		CA - 90.00%		Paid Off - 360		01-Dec-2004
1894552 3			481,100.00		481,100.00			20-Sep-2005		6.875%		CA - 85.00%		Paid Off - 300		01-Dec-2004
1911306 3			423,000.00		422,999.97			27-Jul-2005		8.050%		CA - 90.00%		Paid Off - 360		01-Dec-2004
1896028 2			181,600.00		181,592.99			12-Oct-2005		7.050%		HI - 80.00%		Paid Off - 360		01-Nov-2004
1914604 1			262,500.00		260,632.45			22-Jul-2005		6.750%		CA - 75.00%		Paid Off - 360		01-Dec-2004
1896844 2			288,000.00		285,172.34			29-Sep-2005		7.100%		CA - 93.20%		Paid Off - 360		01-Dec-2004
1918754 1			141,950.00		141,018.25			22-Jul-2005		7.100%		FL - 85.00%		Paid Off - 360		01-Dec-2004
1903599 3			616,000.00		608,859.09			29-Sep-2005		5.300%		CA - 80.00%		Paid Off - 360		01-Dec-2004
1922782 1			176,500.00		174,848.61			26-Jul-2005		5.550%		CA - 73.54%		Paid Off - 360		01-Dec-2004
1904767 3			391,000.00		388,015.22			03-Oct-2005		7.500%		NJ - 88.86%		Paid Off - 360		01-Dec-2004
1923686 3			437,000.00		437,000.00			02-Aug-2005		6.900%		MA - 82.77%		Paid Off - 360		01-Dec-2004
1905120 3			186,400.00		184,644.71			29-Sep-2005		6.750%		AZ - 80.00%		Paid Off - 360		01-Dec-2004
11071327 2			270,000.00		268,139.54			19-Jul-2005		6.850%		CA - 58.06%		Paid Off - 360		01-Dec-2004
1908219 1			214,500.00		212,168.60			22-Sep-2005		5.650%		FL - 84.95%		Paid Off - 360		01-Dec-2004
11071463 3			146,000.00		145,405.25			07-Jul-2005		10.050%		NV - 22.74%		Paid Off - 360		01-Nov-2004
1911153 1			306,000.00		302,026.51			16-Sep-2005		5.550%		CA - 85.00%		Paid Off - 360		01-Dec-2004
11071489 2			189,520.00		188,251.57			27-Jul-2005		7.000%		VA - 80.00%		Paid Off - 360		01-Dec-2004
1916400 3			156,000.00		154,910.51			14-Oct-2005		7.950%		CA - 80.00%		Paid Off - 360		01-Dec-2004
11071553 2			240,000.00		238,387.19			08-Jul-2005		7.250%		CA - 80.00%		Paid Off - 360		01-Dec-2004
1916779 1			22,900.00		22,617.04			26-Sep-2005		10.800%		NM - 20.00%		Paid Off - 240		01-Dec-2004
11071741 2			152,000.00		151,181.33			13-Jul-2005		8.100%		MI - 83.52%		Paid Off - 360		01-Dec-2004
1917144 2			91,600.00		90,763.49			26-Sep-2005		6.575%		NM - 80.00%		Paid Off - 360		01-Dec-2004
11071762 3			531,500.00		531,500.00			15-Jul-2005		7.400%		CA - 74.96%		Paid Off - 360		01-Dec-2004
1919143 1			142,200.00		141,263.26			21-Sep-2005		8.250%		AZ - 90.00%		Paid Off - 360		01-Dec-2004
21060395 1			346,000.00		343,210.36			01-Jul-2005		7.150%		CA - 79.54%		Paid Off - 360		01-Dec-2004
1919900 2			238,000.00		229,765.11			12-Oct-2005		6.200%		HI - 37.78%		Paid Off - 180		01-Dec-2004
21060414 3			119,000.00		118,180.01			28-Jul-2005		6.850%		CA - 63.64%		Paid Off - 360		01-Dec-2004
1920524 1			153,000.00		151,899.08			27-Sep-2005		7.800%		FL - 100.00%		Paid Off - 360		01-Dec-2004
21060452 1			110,000.00		109,263.22			01-Jul-2005		7.350%		CA - 75.34%		Paid Off - 360		01-Dec-2004
1936445 1			276,000.00		272,972.37			22-Sep-2005		5.600%		NY - 78.86%		Paid Off - 360		01-Dec-2004
31029683 2			299,700.00		297,647.37			05-Jul-2005		7.500%		CA - 90.00%		Paid Off - 360		01-Nov-2004
1941755 2			193,800.00		193,745.88			07-Oct-2005		6.875%		CA - 85.00%		Paid Off - 300		01-Dec-2004
31029942 2			200,000.00		198,737.58			21-Jul-2005		7.300%		CA - 80.00%		Paid Off - 360		01-Dec-2004
11069435 2			300,000.00		296,957.91			01-Sep-2005		6.540%		CA - 75.00%		Paid Off - 360		01-Nov-2004
31030205 3			241,500.00		240,156.92			21-Jul-2005		7.250%		CA - 70.00%		Paid Off - 360		01-Jan-2005
11071381 2			304,000.00		301,366.48			22-Sep-2005		6.850%		VA - 80.00%		Paid Off - 360		01-Dec-2004
41062590 2			156,000.00		155,075.70			21-Jul-2005		7.950%		IL - 65.00%		Paid Off - 360		01-Dec-2004
11071382 3			76,000.00		75,769.88			22-Sep-2005		11.990%		VA - 20.00%		Paid Off - 360		01-Dec-2004
41062603 3			355,400.00		352,998.12			19-Jul-2005		6.950%		IL - 64.62%		Paid Off - 360		01-Dec-2004
11071575 1			304,000.00		301,939.48			21-Sep-2005		8.100%		CA - 69.89%		Paid Off - 360		01-Dec-2004
41062620 3			246,500.00		245,388.75			27-Jul-2005		9.000%		IL - 85.00%		Paid Off - 360		01-Dec-2004
11071718 1			359,400.00		356,574.55			28-Sep-2005		7.350%		CA - 79.99%		Paid Off - 360		01-Dec-2004
41062712 3			140,250.00		139,381.97			21-Jul-2005		7.400%		IL - 85.00%		Paid Off - 360		01-Dec-2004
22242496 3			360,000.00		359,792.33			23-Sep-2005		6.875%		CA - 80.00%		Paid Off - 360		01-May-2004
61054025 3			50,000.00		40,219.76			28-Jul-2005		6.800%		OH - 36.79%		Paid Off - 360		01-Oct-2004
31029964 3			296,000.00		294,068.58			13-Sep-2005		8.290%		CA - 80.00%		Paid Off - 360		01-Dec-2004
61055197 1			132,000.00		131,116.52			26-Jul-2005		7.000%		OH - 80.00%		Paid Off - 360		01-Dec-2004
31029981 3			440,000.00		437,219.98			26-Sep-2005		8.450%		CA - 79.64%		Paid Off - 360		01-Dec-2004
71062798 2			159,200.00		158,165.15			29-Jul-2005		7.150%		FL - 80.00%		Paid Off - 360		01-Dec-2004
37853846 1			125,040.00		123,481.27			12-Sep-2005		7.250%		CT - 80.00%		Paid Off - 360		01-Oct-2004
71062902 3			110,400.00		109,792.14			29-Jul-2005		7.990%		FL - 80.00%		Paid Off - 360		01-Dec-2004
38032510 1			56,950.00		56,612.61			01-Sep-2005		9.350%		WI - 85.00%		Paid Off - 360		01-Nov-2004
81051600 2			182,750.00		181,785.33			13-Jul-2005		8.200%		VA - 81.58%		Paid Off - 360		01-Dec-2004
38256458 3			280,000.00		277,361.66			12-Sep-2005		6.990%		VA - 80.00%		Paid Off - 360		01-Nov-2004
81051610 3			220,000.00		218,971.76			21-Jul-2005		8.800%		VA - 73.33%		Paid Off - 360		01-Dec-2004
38257170 2			89,000.00		88,179.44			26-Sep-2005		7.500%		CT - 94.68%		Paid Off - 360		01-Oct-2004
81051649 3			234,000.00		232,764.76			14-Jul-2005		8.200%		MD - 90.00%		Paid Off - 360		01-Dec-2004
38257242 2			203,200.00		203,199.98			14-Sep-2005		6.490%		CA - 80.00%		Paid Off - 360		01-Oct-2004
81051675 1			115,235.00		114,701.86			12-Jul-2005		8.850%		VA - 95.00%		Paid Off - 360		01-Dec-2004
38257250 3			253,000.00		250,969.47			20-Sep-2005		7.750%		VA - 74.41%		Paid Off - 360		01-Nov-2004
81051753 2			262,020.00		260,548.65			18-Jul-2005		7.200%		VA - 43.67%		Paid Off - 360		01-Jan-2005
38257546 3			85,600.00		84,989.80			06-Sep-2005		8.350%		GA - 86.38%		Paid Off - 360		01-Nov-2004
81051862 1			66,400.00		66,034.40			06-Jul-2005		7.990%		VA - 40.00%		Paid Off - 360		01-Dec-2004
38257658 2			120,000.00		119,082.25			29-Sep-2005		7.990%		CT - 80.00%		Paid Off - 360		01-Nov-2004
101044085 1			93,480.00		92,922.97			01-Jul-2005		8.200%		TX - 79.90%		Paid Off - 360		01-Nov-2004
38258107 2			101,565.00		100,911.64			14-Sep-2005		8.850%		TX - 100.00%		Paid Off - 360		01-Nov-2004
Page 24 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment
Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date
121035844 2			221,825.00		220,505.15			27-Jul-2005		7.600%		MN - 95.00%		Paid Off - 360		01-Dec-2004
38258979 2			150,400.00		149,193.43			07-Sep-2005		7.750%		VA - 80.00%		Paid Off - 360		01-Nov-2004
131029115 3			102,505.00		101,988.17			08-Jul-2005		8.450%		OH - 95.00%		Paid Off - 360		01-Dec-2004
38259011 2			179,200.00		177,829.62			14-Sep-2005		7.990%		WV - 80.00%		Paid Off - 360		01-Nov-2004
141041999 3			199,500.00		198,155.31			14-Jul-2005		8.500%		NY - 70.00%		Paid Off - 360		01-Dec-2004
38259043 3			63,000.00		62,519.08			13-Sep-2005		7.999%		GA - 80.77%		Paid Off - 360		01-Nov-2004
141042628 1			144,000.00		143,339.21			12-Jul-2005		8.890%		MA - 75.00%		Paid Off - 360		01-Dec-2004
38259051 2			104,000.00		103,263.55			08-Sep-2005		8.375%		FL - 80.00%		Paid Off - 360		01-Nov-2004
141042646 1			125,000.00		124,171.49			08-Jul-2005		7.050%		NY - 39.06%		Paid Off - 360		01-Dec-2004
38259507 2			204,000.00		202,438.66			02-Sep-2005		8.000%		NV - 85.00%		Paid Off - 360		01-Nov-2004
161036697 1			319,500.00		317,596.09			27-Jul-2005		8.200%		MA - 90.00%		Paid Off - 360		01-Nov-2004
38259659 2			112,000.00		111,054.84			16-Sep-2005		7.500%		AZ - 80.00%		Paid Off - 360		01-Nov-2004
161036963 3			108,000.00		106,965.40			06-Jul-2005		5.850%		MA - 80.00%		Paid Off - 360		01-Nov-2004
38259755 2			170,000.00		168,807.25			21-Sep-2005		8.500%		MD - 68.00%		Paid Off - 360		01-Nov-2004
161037280 2			222,300.00		220,610.65			12-Jul-2005		6.340%		MA - 90.00%		Paid Off - 360		01-Dec-2004
38259827 3			140,250.00		139,373.14			20-Sep-2005		8.990%		PA - 85.00%		Paid Off - 360		01-Nov-2004
161037416 3			360,000.00		357,421.85			07-Jul-2005		6.650%		MA - 79.12%		Paid Off - 360		01-Dec-2004
38259843 2			124,968.00		122,995.99			27-Sep-2005		6.750%		FL - 80.00%		Paid Off - 360		01-Oct-2004
171022346 2			137,992.00		137,992.00			20-Jul-2005		7.250%		NV - 79.88%		Paid Off - 360		01-Dec-2004
38259971 2			76,000.00		75,293.03			01-Sep-2005		6.990%		NJ - 80.00%		Paid Off - 360		01-Nov-2004
171022394 2			185,500.00		184,181.74			06-Jul-2005		7.000%		NV - 70.00%		Paid Off - 360		01-Dec-2004
38260083 2			79,200.00		78,537.09			15-Sep-2005		7.990%		AL - 80.00%		Paid Off - 360		01-Oct-2004
171022705 3			204,000.00		202,924.17			22-Jul-2005		8.400%		AZ - 85.00%		Paid Off - 360		01-Dec-2004
38260091 2			152,150.00		150,653.44			20-Sep-2005		6.700%		DE - 85.00%		Paid Off - 360		01-Nov-2004
191020713 2			229,222.00		227,405.30			01-Jul-2005		6.750%		WA - 89.89%		Paid Off - 360		01-Nov-2004
38260355 2			86,100.00		85,381.36			13-Sep-2005		8.500%		NJ - 70.00%		Paid Off - 360		01-Oct-2004
191020953 2			157,600.00		156,433.49			01-Jul-2005		6.500%		CA - 80.00%		Paid Off - 360		01-Dec-2004
38260563 2			285,600.00		283,134.65			30-Sep-2005		7.375%		NJ - 80.00%		Paid Off - 360		01-Nov-2004
191021188 1			157,636.00		156,621.35			05-Jul-2005		7.200%		CA - 94.96%		Paid Off - 360		01-Dec-2004
38260723 1			111,200.00		110,351.16			21-Sep-2005		7.999%		FL - 80.00%		Paid Off - 360		01-Nov-2004
211023295 2			276,250.00		274,357.09			28-Jul-2005		7.500%		VA - 85.00%		Paid Off - 360		01-Nov-2004
38260963 3			106,000.00		105,170.64			28-Sep-2005		7.875%		OH - 80.00%		Paid Off - 360		01-Nov-2004
211023390 2			218,320.00		218,320.00			25-Jul-2005		5.990%		MD - 80.00%		Paid Off - 360		01-Dec-2004
38261115 2			322,150.00		319,300.46			20-Sep-2005		7.250%		MD - 85.00%		Paid Off - 360		01-Nov-2004
211023737 1			86,250.00		85,861.51			06-Jul-2005		8.990%		VA - 75.00%		Paid Off - 360		01-Dec-2004
38261131 3			381,900.00		381,696.72			26-Sep-2005		6.999%		IN - 95.00%		Paid Off - 360		01-Sep-2004
211023979 2			182,000.00		180,917.08			28-Jul-2005		7.600%		VA - 70.00%		Paid Off - 360		01-Dec-2004
38268068 1			139,600.00		138,353.17			29-Sep-2005		7.200%		WV - 77.56%		Paid Off - 360		01-Nov-2004
231056596 2			152,000.00		151,307.33			19-Jul-2005		8.250%		NJ - 43.43%		Paid Off - 360		01-Jan-2005
38268092 1			120,700.00		119,785.76			21-Sep-2005		8.040%		VA - 85.00%		Paid Off - 360		01-Nov-2004
231057714 1			119,000.00		118,443.78			28-Jul-2005		8.800%		CT - 69.19%		Paid Off - 360		01-Dec-2004
38269020 1			55,000.00		53,401.93			13-Sep-2005		8.290%		TN - 77.46%		Paid Off - 180		01-Nov-2004
231058061 3			139,200.00		138,302.98			06-Jul-2005		6.490%		CT - 80.00%		Paid Off - 360		01-Jan-2005
38269108 1			92,000.00		91,154.16			06-Sep-2005		6.540%		GA - 80.00%		Paid Off - 360		01-Nov-2004
251033540 3			276,255.00		274,267.88			26-Jul-2005		7.250%		CA - 87.70%		Paid Off - 360		01-Nov-2004
38269844 1			114,750.00		113,684.90			09-Sep-2005		6.490%		NC - 90.00%		Paid Off - 360		01-Nov-2004
251033614 2			236,700.00		234,858.67			30-Jul-2005		6.850%		CA - 90.00%		Paid Off - 360		01-Nov-2004
38270972 1			225,000.00		222,704.66			09-Sep-2005		5.990%		MD - 74.50%		Paid Off - 360		01-Nov-2004
251033952 1			70,000.00		69,755.46			06-Jul-2005		10.200%		CA - 20.00%		Paid Off - 360		01-Dec-2004
38271140 3			164,000.00		162,745.50			20-Sep-2005		7.490%		PA - 80.00%		Paid Off - 360		01-Nov-2004
261048685 1			95,250.00		94,736.93			18-Jul-2005		8.700%		OH - 75.00%		Paid Off - 360		01-Nov-2004
38271532 3			395,250.00		392,085.67			07-Sep-2005		7.340%		KY - 85.00%		Paid Off - 360		01-Nov-2004
261049139 1			87,750.00		87,190.66			14-Jul-2005		7.250%		FL - 75.00%		Paid Off - 360		01-Dec-2004
38272308 1			108,800.00		107,790.13			07-Sep-2005		6.490%		KY - 80.00%		Paid Off - 360		01-Nov-2004
271015879 1			143,000.00		141,477.19			21-Jul-2005		7.950%		VA - 57.20%		Paid Off - 360		01-Nov-2004
38274045 3			72,000.00		71,501.14			22-Sep-2005		7.990%		MI - 75.00%		Paid Off - 360		01-Dec-2004
271016759 2			222,000.00		220,652.72			28-Jul-2005		7.500%		NY - 70.48%		Paid Off - 360		01-Dec-2004
38274837 3			175,500.00		174,186.28			13-Sep-2005		7.600%		RI - 64.05%		Paid Off - 360		01-Nov-2004
271017640 3			120,000.00		119,610.75			11-Jul-2005		10.550%		CT - 17.75%		Paid Off - 360		01-Dec-2004
38275341 3			97,750.00		96,956.72			20-Sep-2005		7.690%		OH - 82.84%		Paid Off - 360		01-Nov-2004
271017786 1			171,000.00		170,995.96			28-Jul-2005		6.800%		AZ - 95.00%		Paid Off - 360		01-Dec-2004
38275685 3			120,000.00		119,005.34			28-Sep-2005		7.100%		CA - 80.00%		Paid Off - 360		01-Dec-2004
311023831 3			481,500.00		478,430.74			05-Jul-2005		7.250%		NJ - 90.00%		Paid Off - 360		01-Dec-2004
38276373 1			162,400.00		159,923.07			28-Sep-2005		5.640%		WV - 80.00%		Paid Off - 360		01-Nov-2004
311024190 3			238,000.00		236,910.15			05-Jul-2005		8.900%		NJ - 85.00%		Paid Off - 360		01-Dec-2004
38276413 1			231,300.00		228,951.61			01-Sep-2005		6.540%		MD - 90.00%		Paid Off - 360		01-Nov-2004
311024831 1			124,000.00		123,309.10			30-Jul-2005		7.240%		NJ - 80.00%		Paid Off - 360		01-Jan-2005
38276493 1			232,000.00		229,005.02			26-Sep-2005		6.540%		MD - 80.00%		Paid Off - 360		01-Nov-2004
311024922 2			152,000.00		151,156.23			26-Jul-2005		7.950%		NJ - 80.00%		Paid Off - 360		01-Dec-2004
38276517 1			247,000.00		244,711.85			01-Sep-2005		6.500%		VA - 79.68%		Paid Off - 360		01-Nov-2004
331030663 3			825,000.00		819,792.43			28-Jul-2005		7.300%		NY - 73.99%		Paid Off - 360		01-Dec-2004
38276813 3			105,300.00		104,533.24			14-Sep-2005		7.740%		MD - 76.30%		Paid Off - 360		01-Dec-2004
331030940 3			420,750.00		420,750.00			21-Jul-2005		6.700%		NY - 85.00%		Paid Off - 360		01-Dec-2004
38277053 3			91,200.00		90,429.14			27-Sep-2005		6.990%		WA - 79.30%		Paid Off - 360		01-Dec-2004
331031168 2			262,500.00		261,114.31			01-Jul-2005		8.200%		NJ - 75.00%		Paid Off - 360		01-Dec-2004
38277229 3			144,000.00		142,619.25			09-Sep-2005		6.840%		FL - 86.75%		Paid Off - 360		01-Nov-2004
Page 25 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment
Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date
331031420 2			245,000.00		243,651.04			13-Jul-2005		7.990%		NY - 66.85%		Paid Off - 360		01-Dec-2004
38277973 3			129,200.00		128,136.27			16-Sep-2005		7.115%		AZ - 78.78%		Paid Off - 360		01-Dec-2004
341020729 2			200,165.00		199,146.60			29-Jul-2005		7.700%		NC - 95.00%		Paid Off - 360		01-Jan-2005
38278037 3			128,000.00		127,147.86			07-Sep-2005		8.190%		AZ - 80.00%		Paid Off - 360		01-Dec-2004
361021870 1			105,200.00		104,738.47			12-Jul-2005		8.450%		MI - 80.00%		Paid Off - 360		01-Jan-2005
38278077 3			205,200.00		203,006.30			14-Sep-2005		8.540%		AZ - 90.00%		Paid Off - 360		01-Dec-2004
371021920 3			82,790.00		82,359.72			12-Jul-2005		8.750%		FL - 85.00%		Paid Off - 360		01-Jan-2005
38278597 3			255,500.00		253,260.92			29-Sep-2005		6.790%		MN - 70.00%		Paid Off - 360		01-Nov-2004
371022033 1			123,200.00		122,387.36			27-Jul-2005		7.075%		FL - 70.00%		Paid Off - 360		01-Dec-2004
38279085 1			354,600.00		351,283.63			30-Sep-2005		6.450%		CA - 89.77%		Paid Off - 360		01-Dec-2004
371022076 2			256,500.00		255,719.28			21-Jul-2005		10.200%		FL - 90.00%		Paid Off - 360		01-Jan-2005
38279941 3			272,000.00		269,882.43			26-Sep-2005		7.900%		GA - 80.00%		Paid Off - 360		01-Nov-2004
381016662 2			157,700.00		156,569.76			29-Jul-2005		7.950%		MA - 95.00%		Paid Off - 360		01-Nov-2004
38280277 3			250,000.00		248,322.23			29-Sep-2005		8.150%		NJ - 74.63%		Paid Off - 360		01-Nov-2004
391009181 2			200,000.00		198,661.44			08-Jul-2005		7.000%		LA - 47.62%		Paid Off - 360		01-Dec-2004
38280477 3			336,000.00		333,563.84			06-Sep-2005		7.765%		NY - 70.00%		Paid Off - 360		01-Nov-2004
406100446 3			289,000.00		286,683.21			21-Jul-2005		7.250%		CA - 85.00%		Paid Off - 360		01-Oct-2004
38280613 1			143,500.00		142,036.05			07-Sep-2005		5.990%		NJ - 70.00%		Paid Off - 360		01-Nov-2004
407013771 2			153,000.00		152,348.00			12-Jul-2005		9.250%		IL - 85.00%		Paid Off - 360		01-Dec-2004
38282158 3			153,000.00		151,993.60			14-Sep-2005		8.250%		VA - 79.27%		Paid Off - 360		01-Dec-2004
407089658 2			255,000.00		251,065.47			28-Jul-2005		7.920%		NM - 85.00%		Paid Off - 360		01-Sep-2004
38282366 3			99,200.00		98,644.85			20-Sep-2005		9.500%		DE - 80.00%		Paid Off - 360		01-Dec-2004
407169168 1			187,500.00		185,628.10			26-Jul-2005		7.990%		NY - 75.00%		Paid Off - 360		01-Oct-2004
38282502 3			87,200.00		86,435.84			16-Sep-2005		6.790%		OH - 80.00%		Paid Off - 360		01-Dec-2004
407305731 3			204,000.00		202,844.89			14-Jul-2005		8.990%		CA - 80.00%		Paid Off - 360		01-Oct-2004
38282654 3			72,990.00		72,505.42			06-Sep-2005		8.690%		VA - 80.21%		Paid Off - 360		01-Nov-2004
407306087 1			79,750.00		79,298.38			18-Jul-2005		8.990%		PA - 100.00%		Paid Off - 360		01-Oct-2004
38282750 1			107,000.00		106,044.12			01-Sep-2005		6.690%		FL - 64.85%		Paid Off - 360		01-Nov-2004
408106720 1			152,000.00		151,096.17			14-Jul-2005		8.750%		CA - 80.00%		Paid Off - 360		01-Oct-2004
38283462 3			52,700.00		52,425.84			19-Sep-2005		9.840%		KS - 85.00%		Paid Off - 360		01-Dec-2004
408106802 2			56,525.00		56,190.90			19-Jul-2005		7.750%		AL - 85.00%		Paid Off - 360		01-Dec-2004
38283502 1			105,000.00		103,415.71			26-Sep-2005		5.990%		WI - 70.00%		Paid Off - 360		01-Dec-2004
408242558 2			161,600.00		160,611.24			11-Jul-2005		8.625%		MD - 80.00%		Paid Off - 360		01-Oct-2004
38283814 3			77,775.00		77,306.85			07-Sep-2005		8.690%		MI - 85.00%		Paid Off - 360		01-Nov-2004
408254931 2			157,250.00		155,793.26			01-Jul-2005		6.500%		CA - 85.00%		Paid Off - 360		01-Oct-2004
38283926 1			280,000.00		277,616.15			01-Sep-2005		6.940%		MA - 47.86%		Paid Off - 360		01-Nov-2004
408255157 1			322,200.00		320,195.90			01-Jul-2005		7.375%		MA - 90.00%		Paid Off - 360		01-Dec-2004
38284054 3			212,500.00		211,127.28			20-Sep-2005		8.340%		NH - 85.00%		Paid Off - 360		01-Nov-2004
409011899 2			188,000.00		186,776.37			05-Jul-2005		7.758%		NJ - 80.00%		Paid Off - 360		01-Nov-2004
38284326 1			210,000.00		208,424.99			01-Sep-2005		7.590%		CA - 77.78%		Paid Off - 360		01-Dec-2004
409035256 2			327,920.00		325,369.57			28-Jul-2005		6.850%		VA - 80.00%		Paid Off - 360		01-Nov-2004
38284774 1			325,000.00		321,573.95			14-Sep-2005		5.815%		VA - 75.58%		Paid Off - 360		01-Dec-2004
409076974 3			88,000.00		87,596.32			13-Jul-2005		9.490%		ME - 80.00%		Paid Off - 360		01-Nov-2004
38285446 3			470,400.00		465,601.29			01-Sep-2005		5.990%		CA - 80.00%		Paid Off - 360		01-Dec-2004
409102386 3			374,000.00		371,621.80			15-Jul-2005		7.875%		CA - 85.00%		Paid Off - 360		01-Nov-2004
38285534 1			217,800.00		215,816.62			13-Sep-2005		6.590%		OR - 90.00%		Paid Off - 360		01-Dec-2004
409102511 2			101,700.00		101,067.95			27-Jul-2005		7.990%		PA - 90.00%		Paid Off - 360		01-Nov-2004
38285926 1			200,000.00		198,108.00			14-Sep-2005		6.390%		MN - 80.00%		Paid Off - 360		01-Dec-2004
409103064 3			157,575.20		157,568.59			29-Jul-2005		7.490%		AZ - 80.00%		Paid Off - 360		01-Dec-2004
38285990 1			208,000.00		206,410.86			15-Sep-2005		6.940%		MN - 80.00%		Paid Off - 360		01-Dec-2004
409133745 2			188,000.00		186,712.38			01-Jul-2005		7.500%		MD - 80.00%		Paid Off - 360		01-Nov-2004
38286070 1			226,100.00		224,064.56			22-Sep-2005		6.650%		CA - 85.00%		Paid Off - 360		01-Dec-2004
409145795 3			143,200.00		142,412.92			08-Jul-2005		7.999%		OH - 80.00%		Paid Off - 360		01-Dec-2004
38286214 1			181,800.00		180,112.57			23-Sep-2005		6.490%		CA - 90.00%		Paid Off - 360		01-Dec-2004
409146482 2			123,360.00		122,426.60			27-Jul-2005		6.990%		AZ - 80.00%		Paid Off - 360		01-Nov-2004
38286534 3			500,000.00		495,203.01			08-Sep-2005		6.690%		NY - 76.10%		Paid Off - 360		01-Nov-2004
409157868 3			301,750.00		298,991.24			12-Jul-2005		5.999%		CA - 85.00%		Paid Off - 360		01-Nov-2004
38286558 1			119,000.00		118,174.11			06-Sep-2005		7.990%		NJ - 85.00%		Paid Off - 360		01-Dec-2004
409157898 1			158,000.00		157,382.81			01-Jul-2005		10.250%		FL - 83.16%		Paid Off - 360		01-Nov-2004
38286798 1			152,000.00		150,860.02			30-Sep-2005		7.590%		CA - 63.33%		Paid Off - 360		01-Dec-2004
409158770 3			236,000.00		234,134.68			01-Jul-2005		7.375%		NJ - 80.00%		Paid Off - 360		01-Nov-2004
38679792 2			152,800.00		151,523.26			26-Sep-2005		7.999%		FL - 80.00%		Paid Off - 360		01-Oct-2004
409160459 2			292,000.00		292,000.00			06-Jul-2005		6.500%		CA - 80.00%		Paid Off - 360		01-Nov-2004
38679880 3			357,000.00		353,153.46			07-Sep-2005		7.125%		NY - 85.00%		Paid Off - 360		01-Sep-2004
409203844 3			210,600.00		209,440.40			08-Jul-2005		7.990%		MD - 90.00%		Paid Off - 360		01-Dec-2004
38679920 3			87,500.00		86,359.25			13-Sep-2005		7.750%		VA - 100.00%		Paid Off - 360		01-Oct-2004
409214551 2			227,900.00		226,175.57			08-Jul-2005		6.990%		VA - 80.00%		Paid Off - 360		01-Nov-2004
38680104 3			102,555.00		101,312.11			20-Sep-2005		8.200%		FL - 90.00%		Paid Off - 360		01-Dec-2004
409272327 3			180,000.00		178,907.60			19-Jul-2005		7.500%		FL - 90.00%		Paid Off - 360		01-Dec-2004
38680144 1			131,750.00		130,883.34			14-Sep-2005		8.250%		CA - 85.00%		Paid Off - 360		01-Dec-2004
409282533 2			220,000.00		218,454.46			07-Jul-2005		6.750%		CT - 80.00%		Paid Off - 360		01-Dec-2004
38680168 2			169,600.00		168,367.54			07-Sep-2005		7.750%		MN - 80.00%		Paid Off - 360		01-Dec-2004
409282657 3			50,000.00		49,699.44			28-Jul-2005		7.550%		OK - 68.49%		Paid Off - 360		01-Dec-2004
38680264 1			320,000.00		317,557.18			28-Sep-2005		7.500%		CA - 77.11%		Paid Off - 360		01-Dec-2004
409294305 2			139,500.00		138,800.65			29-Jul-2005		8.500%		IL - 90.00%		Paid Off - 360		01-Dec-2004
38680584 2			140,000.00		138,508.26			15-Sep-2005		7.950%		VA - 59.83%		Paid Off - 360		01-Dec-2004
Page 26 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment
Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date
409294454 2			235,000.00		233,676.03			20-Jul-2005		7.875%		NY - 73.44%		Paid Off - 360		01-Dec-2004
38680600 2			75,200.00		74,653.47			09-Sep-2005		7.750%		AL - 80.00%		Paid Off - 360		01-Dec-2004
410052165 3			116,000.00		115,245.92			08-Jul-2005		7.150%		CA - 82.86%		Paid Off - 360		01-Dec-2004
38682000 1			212,000.00		209,836.98			16-Sep-2005		5.990%		CA - 80.00%		Paid Off - 360		01-Dec-2004
410117664 2			212,000.00		210,655.16			19-Jul-2005		7.275%		VA - 80.00%		Paid Off - 360		01-Dec-2004
38682488 3			60,000.00		59,419.91			07-Sep-2005		6.500%		WA - 53.57%		Paid Off - 360		01-Dec-2004
410129595 2			279,200.00		279,199.56			20-Jul-2005		6.875%		CA - 80.00%		Paid Off - 360		01-Dec-2004
38682688 2			116,010.00		115,065.01			21-Sep-2005		7.250%		FL - 90.00%		Paid Off - 360		01-Dec-2004
410131551 2			124,800.00		122,029.44			20-Jul-2005		8.750%		AL - 87.27%		Paid Off - 180		01-Dec-2004
38682728 2			212,500.00		210,819.99			12-Sep-2005		7.650%		CA - 85.00%		Paid Off - 360		01-Dec-2004
410154483 2			182,000.00		180,891.87			06-Jul-2005		7.490%		MO - 65.00%		Paid Off - 360		01-Dec-2004
38683048 1			220,000.00		218,317.24			29-Sep-2005		7.490%		NY - 80.00%		Paid Off - 360		01-Dec-2004
410155203 1			178,500.00		177,548.18			20-Jul-2005		8.150%		VA - 85.00%		Paid Off - 360		01-Dec-2004
38683665 1			182,250.00		181,218.06			22-Sep-2005		8.990%		NJ - 90.00%		Paid Off - 360		01-Dec-2004
410186480 1			235,125.00		233,858.62			07-Jul-2005		8.100%		MD - 90.00%		Paid Off - 360		01-Dec-2004
38683985 2			73,800.00		73,276.75			19-Sep-2005		7.875%		NY - 90.00%		Paid Off - 360		01-Dec-2004
410186633 1			136,000.00		135,198.77			13-Jul-2005		7.650%		MD - 80.00%		Paid Off - 360		01-Dec-2004
38684617 2			293,250.00		290,777.30			13-Sep-2005		6.990%		NY - 85.00%		Paid Off - 360		01-Dec-2004
410198640 2			255,000.00		253,680.44			19-Jul-2005		8.299%		MD - 85.00%		Paid Off - 360		01-Dec-2004
38684785 2			224,000.00		222,204.26			30-Sep-2005		7.250%		NJ - 80.00%		Paid Off - 360		01-Dec-2004
410201195 2			258,000.00		256,358.24			07-Jul-2005		7.259%		MI - 100.00%		Paid Off - 360		01-Dec-2004
38684905 2			60,720.00		60,183.76			06-Sep-2005		6.750%		FL - 80.00%		Paid Off - 360		01-Dec-2004
410224686 1			169,600.00		168,667.88			29-Jul-2005		7.999%		VA - 80.00%		Paid Off - 360		01-Dec-2004
38685137 2			152,998.00		151,226.41			26-Sep-2005		6.750%		AZ - 80.00%		Paid Off - 360		01-Sep-2004
521020718 1			332,500.00		330,274.58			25-Jul-2005		7.000%		IN - 93.69%		Paid Off - 360		01-Dec-2004
38685185 1			256,000.00		253,840.49			16-Sep-2005		6.990%		VA - 80.00%		Paid Off - 360		01-Dec-2004
561000961 1			230,000.00		228,810.16			28-Jul-2005		8.300%		FL - 77.97%		Paid Off - 360		01-Dec-2004
38685289 2			216,750.00		214,808.10			15-Sep-2005		6.675%		NJ - 85.00%		Paid Off - 360		01-Dec-2004
611012287 1			60,000.00		59,643.05			11-Jul-2005		7.600%		NY - 80.00%		Paid Off - 360		01-Dec-2004
38685393 2			188,500.00		187,130.22			15-Sep-2005		7.750%		NJ - 78.54%		Paid Off - 360		01-Dec-2004
611012562 1			162,900.00		161,744.53			29-Jul-2005		6.700%		NY - 90.00%		Paid Off - 360		01-Dec-2004
38685593 3			107,865.00		107,137.03			29-Sep-2005		8.250%		FL - 85.00%		Paid Off - 360		01-Dec-2004
611013087 2			245,000.00		243,637.64			19-Jul-2005		7.250%		NY - 67.12%		Paid Off - 360		01-Jan-2005
38686121 2			79,200.00		78,751.49			21-Sep-2005		8.990%		TN - 80.00%		Paid Off - 360		01-Dec-2004
611013306 3			391,500.00		389,488.30			21-Jul-2005		7.650%		NY - 90.00%		Paid Off - 360		01-Jan-2005
38686609 1			207,900.00		205,529.05			30-Sep-2005		7.990%		CA - 90.00%		Paid Off - 360		01-Dec-2004
621005151 1			64,999.00		64,668.29			21-Jul-2005		7.700%		FL - 59.63%		Paid Off - 360		01-Jan-2005
38686697 3			82,800.00		82,331.11			09-Sep-2005		8.990%		TN - 90.00%		Paid Off - 360		01-Dec-2004
631004710 3			112,500.00		111,670.76			26-Jul-2005		6.500%		CA - 75.00%		Paid Off - 360		01-Dec-2004
38686753 1			300,000.00		300,000.00			30-Sep-2005		6.875%		CA - 80.00%		Paid Off - 360		01-Dec-2004
631004731 3			585,000.00		581,519.24			15-Jul-2005		7.600%		CA - 90.00%		Paid Off - 360		01-Dec-2004
38686809 2			228,000.00		226,386.46			26-Sep-2005		7.990%		NY - 80.00%		Paid Off - 360		01-Dec-2004
651006155 2			175,750.00		174,732.94			28-Jul-2005		7.740%		WI - 94.24%		Paid Off - 360		01-Dec-2004
38687089 2			253,300.00		251,591.62			21-Sep-2005		8.125%		MD - 85.00%		Paid Off - 360		01-Dec-2004
661002348 3			86,000.00		85,344.19			22-Jul-2005		6.950%		NV - 55.84%		Paid Off - 360		01-Nov-2004
38687297 1			240,000.00		238,234.51			13-Sep-2005		8.375%		NJ - 75.00%		Paid Off - 360		01-Dec-2004
661002501 2			198,000.00		196,786.52			11-Jul-2005		7.450%		CA - 70.71%		Paid Off - 360		01-Dec-2004
38687441 2			142,400.00		141,140.46			08-Sep-2005		7.250%		CA - 80.00%		Paid Off - 360		01-Nov-2004
661002547 3			425,000.00		422,471.26			29-Jul-2005		7.600%		CA - 69.11%		Paid Off - 360		01-Dec-2004
38687761 2			184,500.00		182,870.47			20-Sep-2005		6.750%		FL - 90.00%		Paid Off - 360		01-Dec-2004
671001620 2			127,600.00		127,600.00			11-Jul-2005		6.600%		CA - 80.00%		Paid Off - 360		01-Dec-2004
38687801 2			208,250.00		206,979.93			20-Sep-2005		8.625%		GA - 85.00%		Paid Off - 360		01-Dec-2004
671001717 2			217,750.00		216,588.97			27-Jul-2005		8.150%		CA - 65.00%		Paid Off - 360		01-Dec-2004
38688097 2			111,500.00		110,606.12			30-Sep-2005		7.250%		CA - 87.11%		Paid Off - 360		01-Dec-2004
671001781 2			169,900.00		168,742.86			01-Jul-2005		6.200%		CA - 94.44%		Paid Off - 360		01-Jan-2005
38688297 2			144,500.00		143,596.18			16-Sep-2005		8.500%		FL - 85.00%		Paid Off - 360		01-Dec-2004
681002288 1			107,950.00		107,131.23			21-Jul-2005		6.350%		ME - 83.68%		Paid Off - 360		01-Dec-2004
38688633 2			155,700.00		153,553.06			09-Sep-2005		6.450%		NJ - 90.00%		Paid Off - 300		01-Dec-2004
681002304 1			124,000.00		123,209.57			05-Jul-2005		7.250%		ME - 80.00%		Paid Off - 360		01-Dec-2004
38688649 2			111,156.00		109,796.69			06-Sep-2005		7.375%		AZ - 80.00%		Paid Off - 360		01-Oct-2004
681002487 1			96,000.00		93,639.22			28-Jul-2005		7.550%		VT - 71.11%		Paid Off - 180		01-Dec-2004
41061811 2			188,500.00		187,183.55			26-Sep-2005		7.950%		IL - 65.00%		Paid Off - 360		01-Dec-2004
681002570 2			169,100.00		168,225.19			15-Jul-2005		8.300%		ME - 95.00%		Paid Off - 360		01-Dec-2004
41062898 2			143,650.00		142,842.56			15-Sep-2005		8.490%		IL - 85.00%		Paid Off - 360		01-Jan-2005
681002651 3			135,200.00		134,231.72			13-Jul-2005		6.650%		NH - 80.00%		Paid Off - 360		01-Dec-2004
71061338 2			141,100.00		140,102.78			08-Sep-2005		7.890%		FL - 85.00%		Paid Off - 360		01-Dec-2004
681002818 1			128,000.00		127,422.61			22-Jul-2005		8.300%		ME - 80.00%		Paid Off - 360		01-Jan-2005
71062633 2			178,200.00		176,668.20			14-Sep-2005		6.890%		FL - 90.00%		Paid Off - 360		01-Dec-2004
691000770 2			175,000.00		174,100.78			21-Jul-2005		7.650%		MD - 70.00%		Paid Off - 360		01-Jan-2005
71062794 3			390,000.00		387,022.84			12-Sep-2005		7.500%		FL - 66.10%		Paid Off - 360		01-Dec-2004
691001103 2			257,000.00		255,758.49			22-Jul-2005		9.250%		MD - 73.43%		Paid Off - 360		01-Nov-2004
71062878 1			166,500.00		165,042.60			06-Sep-2005		8.600%		FL - 90.00%		Paid Off - 360		01-Dec-2004
691001403 2			184,000.00		182,744.40			21-Jul-2005		6.900%		MD - 80.00%		Paid Off - 360		01-Dec-2004
71062982 1			67,000.00		66,610.38			19-Sep-2005		8.400%		FL - 39.41%		Paid Off - 360		01-Jan-2005
711004754 2			245,000.00		243,640.26			22-Jul-2005		7.950%		MA - 79.03%		Paid Off - 360		01-Dec-2004
81051315 1			119,000.00		117,987.79			27-Sep-2005		7.450%		VA - 85.00%		Paid Off - 360		01-Nov-2004
Page 27 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment
Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date
721004834 2			234,500.00		234,500.00			22-Jul-2005		6.000%		CA - 63.38%		Paid Off - 360		01-Dec-2004
81051583 3			80,000.00		79,300.27			19-Sep-2005		6.800%		VA - 100.00%		Paid Off - 360		01-Dec-2004
721005012 1			156,000.00		154,953.89			26-Jul-2005		6.990%		NV - 80.00%		Paid Off - 360		01-Dec-2004
81051771 1			288,750.00		286,997.87			23-Sep-2005		8.650%		VA - 75.00%		Paid Off - 360		01-Dec-2004
731007362 1			100,000.00		99,456.02			26-Jul-2005		8.050%		VA - 57.14%		Paid Off - 360		01-Dec-2004
81051844 1			54,000.00		53,692.32			30-Sep-2005		8.990%		VA - 83.08%		Paid Off - 360		01-Dec-2004
741007700 1			102,750.00		102,223.79			15-Jul-2005		8.350%		PA - 75.00%		Paid Off - 360		01-Dec-2004
81051852 1			132,500.00		131,583.77			02-Sep-2005		8.000%		VA - 50.00%		Paid Off - 360		01-Dec-2004
761005442 2			207,100.00		205,839.92			01-Jul-2005		7.495%		IL - 95.00%		Paid Off - 360		01-Dec-2004
81051881 1			120,250.00		119,635.74			02-Sep-2005		9.490%		VA - 65.00%		Paid Off - 360		01-Dec-2004
781001089 3			303,750.00		302,077.64			28-Jul-2005		7.990%		NJ - 75.00%		Paid Off - 360		01-Dec-2004
81051949 2			276,000.00		274,729.52			13-Sep-2005		9.990%		MD - 73.40%		Paid Off - 360		01-Dec-2004
781001186 2			252,000.00		250,313.37			18-Jul-2005		7.000%		NJ - 90.00%		Paid Off - 360		01-Dec-2004
91028821 3			74,400.00		73,390.75			22-Sep-2005		6.500%		MO - 80.00%		Paid Off - 360		01-Nov-2004
831030019 1			125,300.00		124,560.79			15-Jul-2005		8.250%		CA - 70.00%		Paid Off - 360		01-Nov-2004
101043794 1			50,000.00		49,602.30			07-Sep-2005		7.800%		FL - 59.52%		Paid Off - 360		01-Nov-2004
831030020 3			262,500.00		260,982.28			30-Jul-2005		8.350%		CA - 75.00%		Paid Off - 360		01-Nov-2004
131028318 1			50,000.00		49,732.69			15-Sep-2005		9.750%		OH - 71.43%		Paid Off - 360		01-Nov-2004
831030021 2			216,000.00		214,894.00			01-Jul-2005		8.950%		CA - 90.00%		Paid Off - 360		01-Nov-2004
141042808 2			172,900.00		172,097.39			14-Sep-2005		9.950%		CT - 70.00%		Paid Off - 360		01-Dec-2004
841001608 1			85,000.00		84,589.93			18-Jul-2005		8.000%		MI - 85.00%		Paid Off - 360		01-Jan-2005
151026579 1			128,000.00		127,064.02			20-Sep-2005		8.050%		PA - 80.00%		Paid Off - 360		01-Dec-2004
841001635 1			108,800.00		108,152.19			12-Jul-2005		6.900%		MI - 80.00%		Paid Off - 360		01-Jan-2005
161036983 2			225,000.00		222,974.56			27-Sep-2005		6.650%		RI - 60.00%		Paid Off - 360		01-Dec-2004
1000031897 3			520,000.00		520,000.00			11-Aug-2005		7.250%		CA - 77.27%		Paid Off - 360		01-Nov-2004
161036990 2			220,000.00		217,730.64			20-Sep-2005		6.450%		MA - 84.94%		Paid Off - 360		01-Nov-2004
1000036348 3			416,500.00		413,896.64			10-Aug-2005		7.350%		VA - 85.00%		Paid Off - 360		01-Dec-2004
161037098 3			137,600.00		136,198.95			26-Sep-2005		6.100%		MA - 61.16%		Paid Off - 360		01-Dec-2004
1000044115 1			259,300.00		259,216.00			01-Aug-2005		7.775%		FL - 94.98%		Paid Off - 360		01-Dec-2004
161037099 2			306,000.00		302,873.32			02-Sep-2005		6.500%		MA - 85.00%		Paid Off - 360		01-Nov-2004
1000054737 1			228,000.00		226,471.02			10-Aug-2005		6.990%		CA - 95.00%		Paid Off - 360		01-Dec-2004
161037285 3			108,000.00		106,930.88			28-Sep-2005		6.150%		NH - 80.00%		Paid Off - 360		01-Dec-2004
1000055362 3			189,200.00		187,737.36			18-Jul-2005		6.250%		CA - 80.00%		Paid Off - 360		01-Dec-2004
171022302 3			121,800.00		120,429.82			01-Sep-2005		5.990%		AZ - 70.00%		Paid Off - 360		01-Nov-2004
1000055406 2			47,300.00		46,756.87			18-Jul-2005		9.550%		CA - 20.00%		Paid Off - 240		01-Dec-2004
171022317 2			186,368.00		184,873.50			16-Sep-2005		7.750%		AZ - 85.00%		Paid Off - 360		01-Nov-2004
1000062130 2			317,050.00		315,087.57			29-Jul-2005		7.400%		CA - 85.00%		Paid Off - 360		01-Dec-2004
171022480 2			170,809.00		169,355.98			13-Sep-2005		7.450%		AZ - 85.00%		Paid Off - 360		01-Nov-2004
1000064860 2			#######		239,463.73			09-Aug-2005		7.250%		CA - 74.38%		Paid Off - 360		01-Dec-2004
171022722 2			175,750.00		174,299.34			13-Sep-2005		7.100%		AZ - 95.00%		Paid Off - 360		01-Dec-2004
1000068367 3			361,250.00		357,244.48			22-Jul-2005		7.000%		CA - 85.00%		Paid Off - 360		01-Dec-2004
191020863 1			128,250.00		127,044.14			22-Sep-2005		7.940%		ID - 92.93%		Paid Off - 360		01-Dec-2004
1000072824 2			109,800.00		109,488.71			12-Aug-2005		6.750%		WA - 90.00%		Paid Off - 300		01-Dec-2004
211023279 2			216,000.00		214,315.13			09-Sep-2005		7.390%		GA - 90.00%		Paid Off - 360		01-Dec-2004
2010040786510 1			155,000.00		154,053.93			11-Jul-2005		9.550%		VA - 100.00%		Paid Off - 360		01-Aug-2004
211023518 3			137,750.00		136,752.39			07-Sep-2005		7.300%		MD - 95.00%		Paid Off - 360		01-Jan-2005
2010040923380 1			200,000.00		199,005.25			28-Jul-2005		9.090%		VA - 68.97%		Paid Off - 360		01-Nov-2004
211023924 2			238,500.00		236,945.32			02-Sep-2005		7.750%		MD - 78.20%		Paid Off - 360		01-Jan-2005
2010040926110 1			132,000.00		131,057.73			21-Jul-2005		7.840%		NC - 88.00%		Paid Off - 360		01-Oct-2004
231056211 1			126,000.00		125,273.37			13-Sep-2005		8.900%		NY - 90.00%		Paid Off - 360		01-Dec-2004
2010040926340 1			189,000.00		187,582.46			26-Jul-2005		7.590%		NC - 90.00%		Paid Off - 360		01-Oct-2004
231056388 1			132,800.00		131,443.65			01-Sep-2005		6.200%		ME - 80.00%		Paid Off - 360		01-Dec-2004
2010041031910 1			92,200.00		89,526.85			18-Jul-2005		8.350%		NC - 79.48%		Paid Off - 180		01-Nov-2004
231056623 3			97,500.00		96,577.69			13-Sep-2005		6.390%		PA - 75.00%		Paid Off - 360		01-Dec-2004
2010041032460 1			153,000.00		152,199.70			01-Jul-2005		8.940%		VA - 75.00%		Paid Off - 360		01-Dec-2004
231056769 2			171,000.00		169,615.74			21-Sep-2005		7.200%		NJ - 90.00%		Paid Off - 360		01-Dec-2004
2010041032730 1			105,600.00		104,761.45			12-Jul-2005		6.740%		VA - 72.83%		Paid Off - 360		01-Nov-2004
231057097 2			295,600.00		292,728.56			27-Sep-2005		6.250%		NJ - 80.00%		Paid Off - 360		01-Dec-2004
2010041042820 3			71,200.00		70,661.26			26-Jul-2005		6.990%		NC - 65.32%		Paid Off - 360		01-Nov-2004
231057424 3			91,200.00		90,288.64			08-Sep-2005		6.100%		CT - 80.00%		Paid Off - 360		01-Dec-2004
2020040858830 1			72,675.00		72,255.92			06-Jul-2005		9.490%		NY - 82.59%		Paid Off - 360		01-Nov-2004
231057465 1			167,200.00		166,482.22			27-Sep-2005		9.800%		NJ - 95.00%		Paid Off - 360		01-Jan-2005
2020040965050 3			123,250.00		122,785.48			28-Jul-2005		9.840%		FL - 85.00%		Paid Off - 360		01-Dec-2004
231057755 2			151,280.00		150,630.47			08-Sep-2005		10.000%		MA - 61.00%		Paid Off - 360		01-Jan-2005
2020040966120 1			133,000.00		132,324.75			28-Jul-2005		8.990%		OH - 66.50%		Paid Off - 360		01-Nov-2004
231057766 3			100,000.00		99,172.61			22-Sep-2005		7.100%		MA - 46.08%		Paid Off - 360		01-Dec-2004
2030040928550 3			63,000.00		62,660.61			21-Jul-2005		8.700%		PA - 80.77%		Paid Off - 360		01-Nov-2004
231057922 2			160,650.00		159,516.86			14-Sep-2005		7.900%		NJ - 85.00%		Paid Off - 360		01-Dec-2004
2030040929090 3			165,750.00		164,495.82			21-Jul-2005		6.990%		MD - 85.00%		Paid Off - 360		01-Nov-2004
251033814 2			216,500.00		214,674.48			07-Sep-2005		6.990%		CA - 77.32%		Paid Off - 360		01-Dec-2004
2030041029600 3			160,225.00		159,228.33			12-Jul-2005		7.990%		PA - 80.11%		Paid Off - 360		01-Nov-2004
251033978 1			352,000.00		349,906.99			29-Sep-2005		8.750%		CA - 76.52%		Paid Off - 360		01-Dec-2004
2030041030490 3			155,200.00		154,301.83			28-Jul-2005		7.740%		PA - 80.00%		Paid Off - 360		01-Dec-2004
251034006 3			410,400.00		407,297.77			28-Sep-2005		7.550%		CA - 90.00%		Paid Off - 360		01-Dec-2004
2030041031470 3			100,000.00		99,341.56			20-Jul-2005		7.700%		NJ - 52.08%		Paid Off - 360		01-Nov-2004
251034027 2			161,000.00		159,682.04			07-Sep-2005		7.400%		CA - 94.71%		Paid Off - 360		01-Dec-2004
Page 28 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment
Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date
2050040901630 3			86,000.00		85,349.22			01-Jul-2005		6.990%		OH - 21.34%		Paid Off - 360		01-Nov-2004
261048271 3			80,750.00		80,180.26			02-Sep-2005		9.450%		FL - 85.00%		Paid Off - 360		01-Nov-2004
2050040902220 3			80,800.00		80,245.45			08-Jul-2005		7.490%		KY - 80.00%		Paid Off - 360		01-Nov-2004
271016440 1			119,600.00		118,619.03			27-Sep-2005		7.700%		FL - 65.00%		Paid Off - 360		01-Dec-2004
2050041004750 3			110,700.00		109,984.01			05-Jul-2005		7.790%		IN - 90.00%		Paid Off - 360		01-Nov-2004
271016476 3			72,000.00		71,318.54			28-Sep-2005		6.900%		NY - 72.00%		Paid Off - 360		01-Nov-2004
2050041005570 3			80,000.00		79,486.69			26-Jul-2005		7.840%		IN - 80.00%		Paid Off - 360		01-Nov-2004
271016664 3			110,700.00		109,675.79			23-Sep-2005		7.250%		AZ - 90.00%		Paid Off - 360		01-Nov-2004
2060040984110 3			104,000.00		102,893.29			08-Jul-2005		7.990%		FL - 80.00%		Paid Off - 360		01-Nov-2004
271017250 3			388,000.00		385,096.13			09-Sep-2005		7.050%		CA - 80.00%		Paid Off - 360		01-Jan-2005
2060041087210 1			142,800.00		141,694.08			22-Jul-2005		6.390%		FL - 80.68%		Paid Off - 360		01-Dec-2004
271017501 2			212,500.00		210,829.40			20-Sep-2005		7.350%		MD - 85.00%		Paid Off - 360		01-Dec-2004
2060041088390 3			124,200.00		123,516.18			27-Jul-2005		7.990%		FL - 90.00%		Paid Off - 360		01-Dec-2004
271017825 1			128,250.00		127,397.27			02-Sep-2005		7.650%		FL - 95.00%		Paid Off - 360		01-Jan-2005
2070040938920 1			233,600.00		232,129.79			27-Jul-2005		7.315%		KS - 77.87%		Paid Off - 360		01-Dec-2004
311024382 2			183,750.00		182,305.40			20-Sep-2005		7.350%		NJ - 75.00%		Paid Off - 360		01-Dec-2004
2070040939820 3			131,000.00		130,013.19			01-Jul-2005		7.590%		IL - 77.06%		Paid Off - 360		01-Oct-2004
311024558 2			153,000.00		151,643.85			15-Sep-2005		6.990%		NJ - 85.00%		Paid Off - 360		01-Dec-2004
2070040942510 3			206,100.00		204,987.76			13-Jul-2005		8.090%		IL - 85.88%		Paid Off - 360		01-Dec-2004
321021263 1			319,500.00		317,063.78			07-Sep-2005		6.950%		CO - 90.00%		Paid Off - 360		01-Jan-2005
2070041049370 3			76,000.00		75,304.19			13-Jul-2005		7.440%		MO - 77.55%		Paid Off - 360		01-Dec-2004
331031039 3			626,850.00		622,023.68			01-Sep-2005		6.900%		NY - 90.00%		Paid Off - 360		01-Jan-2005
2070041055600 3			168,800.00		168,041.14			26-Jul-2005		8.990%		IL - 80.00%		Paid Off - 360		01-Dec-2004
331031461 3			400,500.00		397,648.64			01-Sep-2005		8.100%		NY - 90.00%		Paid Off - 360		01-Jan-2005
2080040918730 3			51,000.00		50,745.00			19-Jul-2005		8.470%		MI - 72.86%		Paid Off - 360		01-Dec-2004
341020053 2			175,750.00		174,268.10			28-Sep-2005		6.990%		NC - 95.00%		Paid Off - 360		01-Dec-2004
2090041005450 1			280,000.00		277,310.96			26-Jul-2005		5.840%		MA - 60.87%		Paid Off - 360		01-Nov-2004
341020428 2			142,500.00		141,608.69			02-Sep-2005		8.500%		NC - 95.00%		Paid Off - 360		01-Dec-2004
2200041034560 3			310,000.00		307,921.12			18-Jul-2005		6.990%		CA - 82.67%		Paid Off - 360		01-Dec-2004
371021365 1			52,200.00		51,856.68			21-Sep-2005		8.250%		FL - 90.00%		Paid Off - 360		01-Dec-2004
2210040760320 3			96,050.00		95,431.09			15-Jul-2005		8.850%		MI - 85.00%		Paid Off - 360		01-Sep-2004
371021704 1			104,000.00		103,190.96			21-Sep-2005		8.600%		FL - 80.00%		Paid Off - 360		01-Jan-2005
2210040971840 3			182,000.00		180,622.91			07-Jul-2005		6.990%		MO - 88.78%		Paid Off - 360		01-Nov-2004
371022180 3			71,250.00		70,798.97			02-Sep-2005		8.440%		FL - 95.00%		Paid Off - 360		01-Dec-2004
2210041073070 3			100,000.00		98,986.93			05-Jul-2005		8.240%		MO - 50.00%		Paid Off - 360		01-Nov-2004
371022431 1			329,400.00		326,607.06			16-Sep-2005		7.400%		FL - 90.00%		Paid Off - 360		01-Dec-2004
2210041073570 3			198,000.00		196,829.55			15-Jul-2005		8.240%		IL - 90.00%		Paid Off - 360		01-Nov-2004
381016937 2			230,000.00		227,949.27			07-Sep-2005		6.700%		MA - 76.92%		Paid Off - 360		01-Dec-2004
2220040978020 3			136,000.00		134,891.46			25-Jul-2005		7.165%		VA - 80.00%		Paid Off - 360		01-Oct-2004
381016951 2			228,750.00		227,071.21			08-Sep-2005		7.700%		RI - 75.00%		Paid Off - 360		01-Dec-2004
2220041082260 3			134,300.00		133,440.04			18-Jul-2005		7.840%		MD - 85.00%		Paid Off - 360		01-Nov-2004
381017224 3			140,000.00		138,926.91			13-Sep-2005		7.490%		RI - 73.68%		Paid Off - 360		01-Dec-2004
2230040941070 1			90,000.00		89,366.45			14-Jul-2005		6.740%		WA - 52.94%		Paid Off - 360		01-Dec-2004
381017357 2			195,000.00		193,597.42			27-Sep-2005		7.250%		MA - 39.80%		Paid Off - 360		01-Jan-2005
2250041010120 1			219,600.00		217,856.15			27-Jul-2005		6.740%		FL - 90.00%		Paid Off - 360		01-Nov-2004
521020454 1			85,600.00		85,057.27			27-Sep-2005		8.750%		IL - 80.00%		Paid Off - 360		01-Dec-2004
2260040963070 1			220,000.00		217,843.50			22-Jul-2005		5.650%		AZ - 77.19%		Paid Off - 360		01-Nov-2004
521020672 2			166,500.00		165,191.89			20-Sep-2005		7.650%		IN - 86.72%		Paid Off - 360		01-Dec-2004
2260041075070 1			167,250.00		166,014.82			15-Jul-2005		6.490%		AZ - 75.00%		Paid Off - 360		01-Dec-2004
521020977 1			50,000.00		49,476.85			20-Sep-2005		5.891%		IN - 38.46%		Paid Off - 360		01-Dec-2004
2260041075730 3			150,000.00		148,946.23			25-Jul-2005		6.750%		AZ - 83.33%		Paid Off - 360		01-Dec-2004
551003579 2			212,400.00		210,732.75			22-Sep-2005		6.800%		LA - 80.00%		Paid Off - 360		01-Jan-2005
2260041078220 3			123,200.00		122,374.39			13-Jul-2005		6.990%		AZ - 80.00%		Paid Off - 360		01-Dec-2004
551003580 3			53,100.00		52,459.42			22-Sep-2005		9.625%		LA - 20.00%		Paid Off - 360		01-Jan-2005
2290040500650 1			193,000.00		190,589.06			11-Jul-2005		6.350%		CA - 67.72%		Paid Off - 360		01-Jul-2004
611013013 3			215,000.00		213,374.80			26-Sep-2005		7.550%		NY - 43.88%		Paid Off - 360		01-Dec-2004
2290040940650 3			240,000.00		237,896.24			14-Jul-2005		6.840%		CA - 65.75%		Paid Off - 360		01-Dec-2004
611013118 3			60,000.00		59,739.74			13-Sep-2005		9.750%		NY - 14.63%		Paid Off - 360		01-Jan-2005
2290041044740 1			197,000.00		195,843.97			22-Jul-2005		7.670%		CA - 82.08%		Paid Off - 360		01-Dec-2004
611013174 3			374,300.00		371,390.10			06-Sep-2005		6.850%		NY - 94.92%		Paid Off - 360		01-Jan-2005
2290041046690 1			190,000.00		188,779.52			01-Jul-2005		7.510%		CA - 67.86%		Paid Off - 360		01-Dec-2004
631004373 3			486,000.00		481,168.00			06-Sep-2005		6.200%		CA - 75.00%		Paid Off - 360		01-Dec-2004
2300040635880 1			255,000.00		251,465.67			20-Jul-2005		5.400%		CA - 69.86%		Paid Off - 360		01-Aug-2004
631004546 3			50,000.00		49,767.90			30-Sep-2005		9.950%		CA - 16.67%		Paid Off - 360		01-Dec-2004
2300040944050 1			186,000.00		184,643.12			12-Jul-2005		6.690%		CA - 66.43%		Paid Off - 360		01-Dec-2004
631004782 3			518,700.00		518,700.00			30-Sep-2005		6.990%		CA - 95.00%		Paid Off - 360		01-Dec-2004
2350041062700 3			240,000.00		238,112.40			18-Jul-2005		6.790%		NJ - 84.21%		Paid Off - 360		01-Nov-2004
631004806 3			140,935.00		139,783.04			20-Sep-2005		7.150%		CA - 82.90%		Paid Off - 360		01-Dec-2004
2350041063630 1			178,000.00		176,699.57			07-Jul-2005		6.690%		NJ - 82.79%		Paid Off - 360		01-Dec-2004
661002423 2			324,400.00		321,574.81			29-Sep-2005		6.990%		CA - 80.00%		Paid Off - 360		01-Dec-2004
2360040935470 3			175,000.00		173,884.48			14-Jul-2005		7.250%		CA - 77.78%		Paid Off - 360		01-Dec-2004
661002605 3			390,000.00		386,965.46			07-Sep-2005		8.200%		CA - 77.23%		Paid Off - 360		01-Dec-2004
2360040935530 3			287,850.00		285,671.93			12-Jul-2005		6.990%		CA - 92.85%		Paid Off - 360		01-Nov-2004
671001023 3			480,000.00		473,839.48			08-Sep-2005		5.990%		CA - 82.76%		Paid Off - 360		01-Nov-2004
2360040936160 3			225,000.00		223,547.76			28-Jul-2005		7.800%		CA - 90.00%		Paid Off - 360		01-Nov-2004
681002222 2			142,000.00		140,803.91			27-Sep-2005		7.500%		ME - 83.53%		Paid Off - 360		01-Nov-2004
Page 29 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment
Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date
2360040937290 3			89,000.00		88,397.33			18-Jul-2005		6.940%		CA - 63.57%		Paid Off - 360		01-Dec-2004
681002673 1			168,150.00		166,853.70			09-Sep-2005		7.450%		ME - 95.00%		Paid Off - 360		01-Dec-2004
TOTAL			50,730,692.20		50,421,606.50
681002720 3			85,000.00		84,245.41			01-Sep-2005		6.725%		NH - 62.96%		Paid Off - 360		01-Dec-2004
691000971 3			468,350.00		468,350.00			01-Sep-2005		7.100%		PA - 95.00%		Paid Off - 360		01-Nov-2004
691001295 1			171,000.00		169,532.84			20-Sep-2005		6.900%		MD - 95.00%		Paid Off - 360		01-Dec-2004
691001298 1			145,000.00		143,871.19			01-Sep-2005		7.400%		MD - 78.80%		Paid Off - 360		01-Dec-2004
721005129 1			77,350.00		76,710.44			23-Sep-2005		7.515%		AZ - 85.00%		Paid Off - 360		01-Dec-2004
721005153 1			343,000.00		340,918.68			02-Sep-2005		8.650%		CA - 70.00%		Paid Off - 360		01-Dec-2004
721005173 2			174,400.00		173,379.72			21-Sep-2005		8.300%		AZ - 80.00%		Paid Off - 360		01-Jan-2005
741007435 1			125,991.00		124,899.54			19-Sep-2005		6.850%		FL - 80.00%		Paid Off - 360		01-Dec-2004
741007987 3			111,500.00		110,862.49			22-Sep-2005		9.100%		FL - 61.26%		Paid Off - 360		01-Dec-2004
781000721 1			131,250.00		130,430.11			06-Sep-2005		9.000%		PA - 75.00%		Paid Off - 360		01-Nov-2004
831030017 3			320,000.00		317,433.82			09-Sep-2005		7.750%		CA - 80.00%		Paid Off - 360		01-Nov-2004
831030031 3			441,750.00		437,279.02			09-Sep-2005		6.550%		CA - 95.00%		Paid Off - 360		01-Nov-2004
831030032 1			170,000.00		169,987.12			01-Sep-2005		8.450%		CA - 85.00%		Paid Off - 360		01-Nov-2004
831030041 1			104,000.00		103,337.70			06-Sep-2005		8.900%		CA - 80.00%		Paid Off - 360		01-Nov-2004
841001462 1			101,500.00		100,832.34			19-Sep-2005		8.250%		MI - 70.00%		Paid Off - 360		01-Dec-2004
841001652 1			104,000.00		103,204.31			20-Sep-2005		7.000%		MI - 83.20%		Paid Off - 360		01-Jan-2005
841001699 2			148,200.00		147,200.29			20-Sep-2005		7.600%		MI - 95.00%		Paid Off - 360		01-Jan-2005
1000010909 2			48,000.00		47,180.53			30-Sep-2005		9.750%		CA - 20.00%		Paid Off - 240		01-Oct-2004
1000030497 3			76,800.00		75,751.57			05-Oct-2005		10.800%		FL - 20.00%		Paid Off - 240		01-Nov-2004
1000034233 2			115,200.00		115,167.24			03-Oct-2005		6.750%		FL - 90.00%		Paid Off - 360		01-Nov-2004
1000047693 3			93,800.00		93,393.63			16-Sep-2005		10.750%		CA - 20.00%		Paid Off - 360		01-Nov-2004
1000059714 1			232,000.00		231,999.76			21-Sep-2005		6.700%		CA - 66.29%		Paid Off - 360		01-Dec-2004
1000082074 1			188,000.00		185,795.48			07-Oct-2005		5.500%		CA - 44.87%		Paid Off - 360		01-Dec-2004
TOTAL			53,544,535.00		53,131,446.04
Page 30 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
Realized Loss Report
COLLATERAL REALIZED LOSSES
									Group 3		Group 2		Group 1		Total
Current
Number of Loans Liquidated								0		01		01		02
Collateral Principal Realized Loss/(Gain) Amount								0.00		0501.0063		07,794.0074		08,296.0037
Collateral Interest Realized Loss/(Gain) Amount								0.00		0.00		0.00		0.00
Net Liquidation Proceeds								0.00		0165,098.0037		0266,020.0036		0431,118.0073
Cumulative
Number of Loans Liquidated								0		01		23		24
Collateral Realized Loss/(Gain) Amount								0.00		0501.0063		4351,~~976~~770.0983		4352,~~976~~272.0946
Net Liquidation Proceeds								0.00		0165,098.0037		~~141~~407,~~901~~921.1753		~~141~~573,~~901~~019.1790
Page 31 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
DEFAULT SPEEDS
									Group 3		Group 2		Group 1		Total
MDR								0.00%		0.0004%		0.0007%		0.0003%
3 Months Avg MDR								0.00%		0.0001%		0.0102%		0.0001%
12 Months Avg MDR								0.00%		0.0001%		0.0102%		0.0001%
Avg MDR Since Cut-off								0.00%		0.0001%		0.0102%		0.0001%
CDR								0.00%		0.0048%		0.0078%		0.0040%
3 Months Avg CDR								0.00%		0.0016%		0.1626%		0.0513%
12 Months Avg CDR								0.00%		0.0007%		0.1018%		0.0308%
Avg CDR Since Cut-off								0.00%		0.0007%		0.1018%		0.0308%
SDA								0.00%		02.0015%		03.0045%		01.0077%
3 Months Avg SDA Approximation								0.00%		0.0079%		01.9627%		0.3065%
12 Months Avg SDA Approximation								0.00%		0.0042%		01.6508%		0.2148%
Avg SDA Since Cut-off Approximation								0.00%		0.0042%		01.6508%		0.2148%
Loss Severity Approximation for Current Period								0.00%		0.0030%		02.0085%		01.0089%
3 Months Avg Loss Severity Approximation								0.00%		0.0010%		70.8995%		70.8963%
12 Months Avg Loss Severity Approximation								0.00%		0.0004%		43.7379%		43.7365%
Avg Loss Severity Approximation Since Cut-off								0.00%		0.0004%		43.7379%		43.7365%
Page 32 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY
	Monthly Default Rate (MDR): (Beg Principal Balance of Liquidated Loans)/(Total Beg Principal Balance)
	Conditional Default Rate (CDR): 1-((1-MDR)^12)
	SDA Standard Default Assumption: CDR/IF(WAS<61,MIN(30,WAS)0.02,MAX(0.03,MIN(30,WAS)0.02-0.0095*(WAS-60)))
	Average MDR over period between nth month and mth month (AvgMDRn,m): [(1-MDRn)(1-MDRn+1)...*(1-MDRm)]^(1/months in period n,m)
	Average CDR over period between the nth month and mth month (AvgCDRn,m): 1-((1-AvgMDRn,m)^12)
	Average SDA Approximation over period between the nth month and mth month:
	AvgCDRn,m/IF(Avg WASn,m<61,MIN(30,Avg WASn,m)0.02,MAX(0.03,MIN(30,Avg WASn,m)0.02-0.0095*(Avg WASn,m-60)))
	Average WASn,m: (WASn + WASn+1 +...+ WASm )/(number of months in the period n,m)
	Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)
	Average Loss Severity Approximation over period between nth month and mth month: Avg(Loss Severityn,m)
	Note: Default rates are calculated since deal issue date and include realized gains and additional realized losses and gains from prior periods.
	Dates correspond to distribution dates.
Page 33 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
Realized Loss Detail Report
Loan Number			Current		State &				Prior		Realized				Cumulative
&		Loan	Note		LTV at		Original		Principal		Loss/(Gain)		Realized		Realized
Loan Group		Status	Rate		Origination		Term		Balance		Revision		Loss/(Gain)		Loss/(Gain)
TOTAL
38284270 1
			6.760%		CO - 84.48%		360		273,815.10				7,794.74		0.00
1866578 2		Forcls	5.850%		CA - 80.00%		360		165,600.00				501.63		0.00
TOTAL									439,415.10			8,296.37		0.00
Page 34 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS
								Group 3		Group 2		Group 1		Total
						Trigger Event in effect (0=No , 1=Yes)								0
						Stepdown Date has occurred (0 = No, 1=Yes)								0
						3 months rolling 60+ days includes 60+ bkcs and all flcs								0.00
						Ending Balance								1,~~369~~257,~~703~~070,~~209~~859.3125
						Prior period Senior Enhancement Percentage								2022.~~6800~~4100%
ADJUSTABLE RATE CERTIFICATE INFORMATION
SPACE INTENTIONALLY LEFT BLANK
ADDITIONAL INFORMATION
								Group 3		Group 2		Group 1		Total
Basis Risk CarryForward Amount paid
Basis Risk CarryForward Amount unpaid
Excess Reserve Fund Account Balance
Page 35 of 36
Morgan Stanley ABS Capital I Inc. 2005-HE2
Mortgage Pass-Through Certificates
2005-HE2
August 25, 2005 Distribution
October 25, 2005 Distribution
Other Related Information
ADDITIONAL INFORMATION
								Group 3		Group 2		Group 1		Total
Current Scheduled Payments														98,~~724~~971,~~598~~501.5994
Current Scheduled Payments 1 Month Prior														109,~~097~~359,~~222~~994.6326
Current Scheduled Payments 2 Month Prior														109,~~382~~724,~~745~~598.5659
Current Scheduled Payments 3 Month Prior														10,~~627~~097,~~011~~222.3563
Current Scheduled Payments 4 Month Prior														10,~~868~~382,~~495~~745.0656
Current Scheduled Payments 5 Month Prior														010,627,011.0035
Current Scheduled Payments 6 Month Prior														010,868,495.0006
Current Scheduled Payments 7 Month Prior														0.00
Current Scheduled Payments 8 Month Prior														0.00
Current Scheduled Payments 9 Month Prior														0.00
Current Scheduled Payments 10 Month Prior														0.00
Current Scheduled Payments 11 Month Prior														0.00
Sched. Payments for 60+Day Delinquent Loans								0.00		0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 1 Month Prior								0.00		0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 2 Month Prior								0.00		0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 3 Month Prior								0.00		0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 4 Month Prior								0.00		0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 5 Month Prior								0.00		0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 6 Month Prior								0.00		0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 7 Month Prior								0.00		0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 8 Month Prior								0.00		0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 9 Month Prior								0.00		0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 10 Month Prior								0.00		0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 11 Month Prior								0.00		0.00		0.00		0.00
Page 36 of 36

Filing Compare · Morgan Stanley ABS Capital I Inc. Trust 2005-HE2