                                    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): October 25, 2005
                             (Date of earliest event reported)


                                MORGAN STANLEY ABS CAPITAL I INC.
             (as Depositor under the Pooling and Servicing Agreement, dated as
                  May 1, 2005, providing for the issuance of Morgan Stanley
              Home Equity Loan Trust, Mortgage Pass-Through Certificates
                                      Series 2005-2)
                      (Exact name of registrant as specified in charter)


                                         DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-121914-02                        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 Home Equity Loan Trust,
     Mortgage Pass-Through Certificates Series 2005-2, which was made on
     May 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
     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:  Oct 28, 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
              October 25, 2005.



Morgan Stanley ABS Capital I Inc. 2005-HEL2

Mortgage Pass-Through Certificates

2005-HEL2

October 25, 2005 Distribution

				External Parties						Table of Contents

													Page
				Seller
										1. Certificate Payment Report					2
				Morgan Stanley
										2. Collection Account Report					4

										3. Credit Enhancement Report					6
										4. Collateral Report					7
				Certificate Insurer(s)						5. Delinquency Report					10

										6. REO Report					13

										7. Foreclosure Report					14
										8. Prepayment Report					16
										9. Prepayment Detail Report					19

										10. Realized Loss Report					23
										11. Realized Loss Detail Report					26
				Servicer(s)
										12. Triggers and Adj. Cert. Report					27
				J. P. Morgan
										13. Other Related Information					28
				HomeQ Servicing Corp.

				Countrywide Home Loans Srvc LP


				Underwriter(s)
				Morgan Stanley
				Blaylock & Partners, L.P.
				Utendahl Capital Partners, L.P.

										Total Number of Pages					28


				Dates						Contacts

				Cut-Off Date:			May 01, 2005			Marion Hogan
				Close Date:			May 26, 2005			Administrator
				First Distribution Date:			June 27, 2005			(714) 247-6282
										marion.c.hogan@db.com

										Address:
										1761 East St. Andrew Place, Santa Ana, CA 92705
				Distribution Date:			October 25, 2005
										Factor Information:			(800) 735-7777
				Record Date:			September 30, 2005
										Main Phone Number:			(714) 247-6000

							October 24, 2005


										https://www.tss.db.com/invr






Page 1 of 28
Morgan Stanley ABS Capital I Inc. 2005-HEL2

Mortgage Pass-Through Certificates

2005-HEL2

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	$	209,431,000.00		186,703,119.31		609,870.93		4,590,480.53		5,200,351.46		0.00		0.00		182,112,638.78

A-1mz	SR	$	52,358,000.00		46,676,002.70		153,784.46		1,147,625.61		1,301,410.07		0.00		0.00		45,528,377.09
A-2a	SR	$	288,963,000.00		239,214,618.14		755,386.61		19,370,325.32		20,125,711.93		0.00		0.00		219,844,292.82
A-2b	SR	$	100,000,000.00		100,000,000.00		326,250.00		0.00		326,250.00		0.00		0.00		100,000,000.00
A-2c	SR	$	80,000,000.00		80,000,000.00		267,444.44		0.00		267,444.44		0.00		0.00		80,000,000.00
M-1	MEZ,FLT	$	35,366,000.00		35,365,999.99		120,794.54		0.00		120,794.54		0.00		0.00		35,365,999.99
M-2	MEZ,FLT	$	25,721,000.00		25,721,000.00		88,265.90		0.00		88,265.90		0.00		0.00		25,721,000.00
M-3	MEZ,FLT	$	17,913,000.00		17,913,000.00		61,760.04		0.00		61,760.04		0.00		0.00		17,913,000.00
M-4	MEZ,FLT	$	16,535,000.00		16,535,000.00		59,406.58		0.00		59,406.58		0.00		0.00		16,535,000.00
M-5	MEZ,FLT	$	14,698,000.00		14,698,000.00		53,161.85		0.00		53,161.85		0.00		0.00		14,698,000.00
M-6	MEZ,FLT	$	14,698,000.00		14,698,000.00		53,753.85		0.00		53,753.85		0.00		0.00		14,698,000.00
B-1	SUB, FLT, S	$	12,400,000.00		12,400,000.00		50,244.11		0.00		50,244.11		0.00		0.00		12,400,000.00
B-2	SUB, FLT, S	$	11,942,000.00		11,942,000.00		49,157.92		0.00		49,157.92		0.00		0.00		11,942,000.00
B-3	SUB, FLT, S	$	10,105,000.00		10,105,000.00		44,770.76		0.00		44,770.76		0.00		0.00		10,105,000.00
X	EXE/WAC	$	28,477,345.00		28,476,827.70		2,028,346.72		0.00		2,028,346.72		0.00		0.00		28,476,827.70
P	NOF/EXE	$	0.00		0.00		670,293.78		0.00		670,293.78		0.00		0.00		0.00
R	RES/EXE	$	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00

Total			918,607,345.00		840,448,567.84		5,392,692.49		25,108,431.46		30,501,123.95		0.00		0.00		815,340,136.38





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	09/26/05		10/24/05		A-Act/360		61744CQV1		209,431,000.00		891.477954		2.912038		21.918821		24.830858	869.559133
A-1mz	09/26/05		10/24/05		A-Act/360		61744CQU3		52,358,000.00		891.477954		2.937172		21.918821		24.855993	869.559133
A-2a	09/26/05		10/24/05		A-Act/360		61744CQG4		288,963,000.00		827.838229		2.614129		67.033929		69.648059	760.804300
A-2b	09/26/05		10/24/05		A-Act/360		61744CQH2		100,000,000.00		1,000.000000		3.262500		0.000000		3.262500	1,000.000000
A-2c	09/26/05		10/24/05		A-Act/360		61744CQJ8		80,000,000.00		1,000.000000		3.343056		0.000000		3.343056	1,000.000000
M-1	09/26/05		10/24/05		A-Act/360		61744CQK5		35,366,000.00		1,000.000000		3.415556		0.000000		3.415556	1,000.000000
M-2	09/26/05		10/24/05		A-Act/360		61744CQL3		25,721,000.00		1,000.000000		3.431667		0.000000		3.431667	1,000.000000
M-3	09/26/05		10/24/05		A-Act/360		61744CQM1		17,913,000.00		1,000.000000		3.447778		0.000000		3.447778	1,000.000000
M-4	09/26/05		10/24/05		A-Act/360		61744CQN9		16,535,000.00		1,000.000000		3.592778		0.000000		3.592778	1,000.000000
M-5	09/26/05		10/24/05		A-Act/360		61744CQP4		14,698,000.00		1,000.000000		3.616944		0.000000		3.616944	1,000.000000
M-6	09/26/05		10/24/05		A-Act/360		61744CQQ2		14,698,000.00		1,000.000000		3.657222		0.000000		3.657222	1,000.000000
B-1	09/26/05		10/24/05		A-Act/360		61744CQR0		12,400,000.00		1,000.000000		4.051944		0.000000		4.051944	1,000.000000
B-2	09/26/05		10/24/05		A-Act/360		61744CQS8		11,942,000.00		1,000.000000		4.116389		0.000000		4.116389	1,000.000000
B-3	09/26/05		10/24/05		A-Act/360		61744CQT6		10,105,000.00		1,000.000000		4.430555		0.000000		4.430555	1,000.000000
X	09/26/05		10/24/05				28,477,345.00		999.981835		71.226679		0.000000		71.226679		999.981835
P	09/26/05		10/24/05				0.00		0.000000		0.000000		0.000000		0.000000		0.000000
R	09/26/05		10/24/05				0.00		0.000000		0.000000		0.000000		0.000000		0.000000



Page 2 of 28
Morgan Stanley ABS Capital I Inc. 2005-HEL2

Mortgage Pass-Through Certificates

2005-HEL2

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	209,431,000.00		3,100,302.13		26,705,595.99		612,765.23		27,318,361.22		30,418,663.35		0.00		0.00		182,112,638.78
A-1mz	52,358,000.00		782,452.80		6,676,430.87		153,192.04		6,829,622.91		7,612,075.71		0.00		0.00		45,528,377.09
A-2a	288,963,000.00		3,993,062.92		67,654,594.17		1,464,113.01		69,118,707.18		73,111,770.10		0.00		0.00		219,844,292.82
A-2b	100,000,000.00		1,555,479.55		0.00		0.00		0.00		1,555,479.55		0.00		0.00		100,000,000.00
A-2c	80,000,000.00		1,278,161.42		0.00		0.00		0.00		1,278,161.42		0.00		0.00		80,000,000.00
M-1	35,366,000.00		578,482.31		0.01		0.00		0.01		578,482.32		0.00		0.00		35,365,999.99
M-2	25,721,000.00		422,890.85		0.00		0.00		0.00		422,890.85		0.00		0.00		25,721,000.00
M-3	17,913,000.00		296,028.57		0.00		0.00		0.00		296,028.57		0.00		0.00		17,913,000.00
M-4	16,535,000.00		285,822.46		0.00		0.00		0.00		285,822.46		0.00		0.00		16,535,000.00
M-5	14,698,000.00		255,930.00		0.00		0.00		0.00		255,930.00		0.00		0.00		14,698,000.00
M-6	14,698,000.00		259,032.92		0.00		0.00		0.00		259,032.92		0.00		0.00		14,698,000.00
B-1	12,400,000.00		244,187.90		0.00		0.00		0.00		244,187.90		0.00		0.00		12,400,000.00
B-2	11,942,000.00		239,202.46		0.00		0.00		0.00		239,202.46		0.00		0.00		11,942,000.00
B-3	10,105,000.00		219,046.27		0.00		0.00		0.00		219,046.27		0.00		0.00		10,105,000.00
X	28,477,345.00		11,349,853.09		496.42		20.89		517.30		11,350,370.39		0.00		0.00		28,476,827.70
P	0.00		2,491,217.16		0.00		0.00		0.00		2,491,217.16		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	918,607,345.00		27,351,152.81		101,037,117.46		2,230,091.17		103,267,208.62		130,618,361.43		0.00		0.00		815,340,136.38


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	4.05500%		186,703,119.31		609,870.93		0.00		0.00		0.00		609,870.93		609,870.93		0.00
A-1mz	4.09000%		46,676,002.70		153,784.46		0.00		0.00		0.00		153,784.46		153,784.46		0.00
A-2a	3.92000%		239,214,618.14		755,386.61		0.00		0.00		0.00		755,386.61		755,386.61		0.00
A-2b	4.05000%		100,000,000.00		326,250.00		0.00		0.00		0.00		326,250.00		326,250.00		0.00
A-2c	4.15000%		80,000,000.00		267,444.44		0.00		0.00		0.00		267,444.44		267,444.44		0.00
M-1	4.24000%		35,365,999.99		120,794.54		0.00		0.00		0.00		120,794.54		120,794.54		0.00
M-2	4.26000%		25,721,000.00		88,265.90		0.00		0.00		0.00		88,265.90		88,265.90		0.00
M-3	4.28000%		17,913,000.00		61,760.04		0.00		0.00		0.00		61,760.04		61,760.04		0.00
M-4	4.46000%		16,535,000.00		59,406.58		0.00		0.00		0.00		59,406.58		59,406.58		0.00
M-5	4.49000%		14,698,000.00		53,161.85		0.00		0.00		0.00		53,161.85		53,161.85		0.00
M-6	4.54000%		14,698,000.00		53,753.85		0.00		0.00		0.00		53,753.85		53,753.85		0.00
B-1	5.03000%		12,400,000.00		50,244.11		0.00		0.00		0.00		50,244.11		50,244.11		0.00
B-2	5.11000%		11,942,000.00		49,157.92		0.00		0.00		0.00		49,157.92		49,157.92		0.00
B-3	5.50000%		10,105,000.00		44,770.76		0.00		0.00		0.00		44,770.76		44,770.76		0.00
X	88.42093%		28,476,827.70		0.00		0.00		0.00		0.00		0.00		2,028,346.72		0.00
P	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		670,293.78		0.00
R	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00

Total			840,448,567.84		2,694,051.99		0.00		0.00		0.00		2,694,051.99		5,392,692.49		0.00



Page 3 of 28
Morgan Stanley ABS Capital I Inc. 2005-HEL2

Mortgage Pass-Through Certificates

2005-HEL2

October 25, 2005 Distribution
Collection Account Report
SUMMARY

										Group 2		Group 1		Total
Principal Collections										19,370,325.32		5,738,106.14		25,108,431.46
Principal Withrawals										0.00		0.00		0.00
Principal Other Accounts										0.00		0.00		0.00
TOTAL NET PRINCIPAL										19,370,325.32		5,738,106.14		25,108,431.46
Interest Collections										3,029,777.51		1,759,287.82		4,789,065.33
Interest Withdrawals										-0.00		-0.00		-0.00
Interest Other Accounts										517,457.01		152,836.77		670,293.78
Interest Fees										-43,965.51		-22,701.10		-66,666.62
TOTAL NET INTEREST										3,503,269.01		1,889,423.49		5,392,692.49
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION										22,873,594.33		7,627,529.63		30,501,123.95



PRINCIPAL - COLLECTIONS

											Group 2		Group 1		Total
Scheduled Principal Received											248,776.28		180,160.64		428,936.92
Prepayments In Full											19,109,229.99		5,545,248.85		24,654,478.84
Curtailments											12,319.05		12,696.65		25,015.70
Liquidations											0.00		0.00		0.00
Insurance Principal											0.00		0.00		0.00
Repurchased Principal Amounts											0.00		0.00		0.00
Other Principal											0.00		0.00		0.00
Total Realized Loss Of Principal											-0.00		-0.00		-0.00
Delinquent Principal											-212,422.88		-151,653.30		-364,076.18
Advanced Principal											212,422.88		151,653.30		364,076.18
TOTAL PRINCIPAL COLLECTED											19,370,325.32		5,738,106.14		25,108,431.46


PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK



PRINCIPAL - OTHER ACCOUNTS

										Group 2		Group 1		Total
Closing Deposit										0.00		0.00		0.00
TOTAL OTHER ACCOUNTS PRINCIPAL										0.00		0.00		0.00





Page 4 of 28
Morgan Stanley ABS Capital I Inc. 2005-HEL2

Mortgage Pass-Through Certificates

2005-HEL2

October 25, 2005 Distribution

INTEREST - COLLECTIONS

										Group 2		Group 1		Total
Scheduled Interest										3,212,920.69		1,863,096.77		5,076,017.46
Liquidation Interest										0.00		0.00		0.00
Repurchased Interest										0.00		0.00		0.00
Insurance Interest										0.00		0.00		0.00
Other Interest										0.00		0.00		0.00
Relief Act Interest Shortfalls										-0.00		-0.00		-0.00
Prepayment Interest Shortfalls										#######		-6,332.26		-28,639.12
Compensating Interest										22,306.86		6,332.26		28,639.11
Delinquent Interest										-2,628,634.63		-1,546,037.53		-4,174,672.16
Interest Advanced										2,445,491.45		1,442,228.58		3,887,720.03
TOTAL INTEREST COLLECTED										3,029,777.51		1,759,287.82		4,789,065.33


INTEREST - WITHDRAWALS

										Group 2		Group 1		Total
Nonrecoverable Advances
TOTAL INTEREST WITHDRAWALS										0.00		0.00		0.00



INTEREST - OTHER ACCOUNTS

										Group 2		Group 1		Total
Prepayment Charges										517,457.01		152,836.77		670,293.78
TOTAL INTEREST OTHER ACCOUNTS										517,457.01		152,836.77		670,293.78



INTEREST - FEES

										Group 2		Group 1		Total
Current Servicing Fees										41,761.45		21,473.33		63,234.78
Current Trustee Fees										2,204.07		1,227.77		3,431.83
TOTAL INTEREST OTHER FEES										43,965.51		22,701.10		66,666.62




Page 5 of 28
Morgan Stanley ABS Capital I Inc. 2005-HEL2

Mortgage Pass-Through Certificates

2005-HEL2

October 25, 2005 Distribution
Credit Enhancement Report
ACCOUNTS

										Group 2		Group 1		Total
Excess Reserve Fund Account Balance														0.00



INSURANCE

SPACE INTENTIONALLY LEFT BLANK



STRUCTURAL FEATURES

										Group 2		Group 1		Total
Specified Subordinated Target Amount														28,476,827.70
Subordinated Amount														28,476,827.70
Subordinated Deficiency Amount														0.00
Subordinated Release Amount														0.00




Page 6 of 28
Morgan Stanley ABS Capital I Inc. 2005-HEL2

Mortgage Pass-Through Certificates

2005-HEL2

October 25, 2005 Distribution
Collateral Report


COLLATERAL



											Group 2		Group 1		Total



Loan Count:


Original										3,029		2,893		5,922
Prior										2,823		2,706		5,529
Prefunding										0		0		0
Scheduled Paid Offs										-0		-0		-0
Full Voluntary Prepayments										-92		-45		-137
Repurchases										-0		-0		-0
Liquidations										-0		-0		-0
Current										2,731		2,661		5,392
Principal Balance:


Original										589,506,120.12		329,081,324.57		918,587,444.69
Prior										539,771,105.04		300,677,462.80		840,448,567.84
Prefunding										0.00		0.00		918,607,345.00
Scheduled Principal										-248,776.28		-180,160.64		-428,936.92
Partial Prepayments										-12,319.05		-12,696.65		-25,015.70
Full Voluntary Prepayments										-19,109,229.99		-5,545,248.85		-24,654,478.84
Repurchases										-0.00		-0.00		-0.00
Liquidations										-0.00		-0.00		-0.00
Current										520,400,779.72		294,939,356.66		815,340,136.38





PREFUNDING

										Group 2		Group 1		Total
Closing Date Deposit Amount										0.00		0.00		0.00
Total Original Principal Balance										0.00		0.00		918,607,345.00






Page 7 of 28
Morgan Stanley ABS Capital I Inc. 2005-HEL2

Mortgage Pass-Through Certificates

2005-HEL2

October 25, 2005 Distribution

CHARACTERISTICS

										Group 2		Group 1		Total
Weighted Average Coupon Original										7.16413%		7.41938%		7.25557%
Weighted Average Coupon Prior										7.15165%		7.42736%		7.25057%
Weighted Average Coupon Current										7.14285%		7.42349%		7.24325%
Weighted Average Months to Maturity Original										351		343		348
Weighted Average Months to Maturity Prior										348		339		345
Weighted Average Months to Maturity Current										347		338		344
Weighted Avg Remaining Amortization Term Original										351		343		348
Weighted Avg Remaining Amortization Term Prior										348		339		345
Weighted Avg Remaining Amortization Term Current										347		338		344
Weighted Average Seasoning Original										4.05		4.37		4.17
Weighted Average Seasoning Prior										7.02		7.32		7.13
Weighted Average Seasoning Current										8.01		8.32		8.12









Page 8 of 28
Morgan Stanley ABS Capital I Inc. 2005-HEL2

Mortgage Pass-Through Certificates

2005-HEL2

October 25, 2005 Distribution

ARM CHARACTERISTICS

										Group 2		Group 1		Total
Weighted Average Margin Original										6.36639%		6.41298%		6.38286%
Weighted Average Margin Prior										6.34859%		6.41393%		6.37175%
Weighted Average Margin Current										6.34570%		6.41297%		6.36945%
Weighted Average Max Rate Original										13.80902%		13.76266%		13.79263%
Weighted Average Max Rate Prior										13.79265%		13.76504%		13.78287%
Weighted Average Max Rate Current										13.78305%		13.75480%		13.77307%
Weighted Average Min Rate Original										7.00401%		7.15877%		7.05872%
Weighted Average Min Rate Prior										6.98593%		7.15885%		7.04722%
Weighted Average Min Rate Current										6.97695%		7.15294%		7.03907%
Weighted Average Cap Up Original										1.15781%		1.24236%		1.18770%
Weighted Average Cap Up Prior										1.15804%		1.24251%		1.18797%
Weighted Average Cap Up Current										1.15507%		1.24191%		1.18572%
Weighted Average Cap Down Original										1.15781%		1.24236%		1.18770%
Weighted Average Cap Down Prior										1.15804%		1.24251%		1.18797%
Weighted Average Cap Down Current										1.15507%		1.24191%		1.18572%




SERVICING FEES & ADVANCES

											Group 2		Group 1		Total




Current Servicing Fees										41,761.45		21,473.33		63,234.78
Delinquent Servicing Fees										183,143.18		103,808.95		286,952.13
TOTAL SERVICING FEES										224,904.63		125,282.28		350,186.91


Compensating Interest										-22,306.86		-6,332.26		-28,639.11
Delinquent Servicing Fees										-183,143.18		-103,808.95		-286,952.13
COLLECTED SERVICING FEES										-19,454.60		-15,141.08		-34,595.68


Aggregate Advances with respect to this Distribution										2,657,914.33		1,593,881.88		4,251,796.21





ADDITIONAL COLLATERAL INFORMATION
										Group 2		Group 1		Total
Net Prepayment Interest Shortfall										0.00		0.00		0.00
Libor For Current Period														3.830000%
Libor For Next Period														0.000000%




Page 9 of 28
Morgan Stanley ABS Capital I Inc. 2005-HEL2

Mortgage Pass-Through Certificates

2005-HEL2

October 25, 2005 Distribution
Delinquency Report

	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				11,592,106.01		4,934,523.01		1,428,647.64		17,955,276.66
			% Balance				1.42%		0.61%		0.18%		2.20%
			# Loans				97		31		18		146
			% # Loans				1.80%		0.57%		0.33%		2.71%
	FORECLOSURE		Balance		98,819.40		131,181.51		3,548,242.33		7,693,416.45		11,471,659.69
			% Balance		0.01%		0.02%		0.44%		0.94%		1.41%
			# Loans		1		2		22		52		77
			% # Loans		0.02%		0.04%		0.41%		0.96%		1.43%
	BANKRUPTCY		Balance		2,151,659.89		349,340.69		239,115.48		532,459.06		3,272,575.12
			% Balance		0.26%		0.04%		0.03%		0.07%		0.40%
			# Loans		23		4		2		5		34
			% # Loans		0.43%		0.07%		0.04%		0.09%		0.63%
	REO		Balance		0.00		0.00		0.00		453,090.80		453,090.80
			% Balance		0.00%		0.00%		0.00%		0.06%		0.06%
			# Loans		0		0		0		6		6
			% # Loans		0.00%		0.00%		0.00%		0.11%		0.11%
	TOTAL		Balance		2,250,479.29		12,072,628.21		8,721,880.82		10,107,613.95		33,152,602.27
			% Balance		0.28%		1.48%		1.07%		1.24%		4.07%
			# Loans		24		103		55		81		263
			% # Loans		0.45%		1.91%		1.02%		1.50%		4.88%









Page 10 of 28
Morgan Stanley ABS Capital I Inc. 2005-HEL2

Mortgage Pass-Through Certificates

2005-HEL2

October 25, 2005 Distribution


	GROUP 1
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				3,768,180.84		1,276,927.66		855,418.86		5,900,527.36
			% Balance				1.28%		0.43%		0.29%		2.00%
			# Loans				46		12		12		70
			% # Loans				1.73%		0.45%		0.45%		2.63%
	FORECLOSURE		Balance		98,819.40		71,580.46		360,125.57		3,253,548.66		3,784,074.09
			% Balance		0.03%		0.02%		0.12%		1.10%		1.28%
			# Loans		1		1		5		26		33
			% # Loans		0.04%		0.04%		0.19%		0.98%		1.24%
	BANKRUPTCY		Balance		1,216,235.57		50,810.63		239,115.48		277,096.08		1,783,257.76
			% Balance		0.41%		0.02%		0.08%		0.09%		0.60%
			# Loans		13		1		2		3		19
			% # Loans		0.49%		0.04%		0.08%		0.11%		0.71%
	REO		Balance		0.00		0.00		0.00		272,893.63		272,893.63
			% Balance		0.00%		0.00%		0.00%		0.09%		0.09%
			# Loans		0		0		0		4		4
			% # Loans		0.00%		0.00%		0.00%		0.15%		0.15%
	TOTAL		Balance		1,315,054.97		3,890,571.93		1,876,168.71		4,658,957.23		11,740,752.84
			% Balance		0.45%		1.32%		0.64%		1.58%		3.98%
			# Loans		14		48		19		45		126
			% # Loans		0.53%		1.80%		0.71%		1.69%		4.74%










Page 11 of 28
Morgan Stanley ABS Capital I Inc. 2005-HEL2

Mortgage Pass-Through Certificates

2005-HEL2

October 25, 2005 Distribution

	GROUP 2
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				7,823,925.17		3,657,595.35		573,228.78		12,054,749.30
			% Balance				1.50%		0.70%		0.11%		2.32%
			# Loans				51		19		6		76
			% # Loans				1.87%		0.70%		0.22%		2.78%
	FORECLOSURE		Balance		0.00		59,601.05		3,188,116.76		4,439,867.79		7,687,585.60
			% Balance		0.00%		0.01%		0.61%		0.85%		1.48%
			# Loans		0		1		17		26		44
			% # Loans		0.00%		0.04%		0.62%		0.95%		1.61%
	BANKRUPTCY		Balance		935,424.32		298,530.06		0.00		255,362.98		1,489,317.36
			% Balance		0.18%		0.06%		0.00%		0.05%		0.29%
			# Loans		10		3		0		2		15
			% # Loans		0.37%		0.11%		0.00%		0.07%		0.55%
	REO		Balance		0.00		0.00		0.00		180,197.17		180,197.17
			% Balance		0.00%		0.00%		0.00%		0.03%		0.03%
			# Loans		0		0		0		2		2
			% # Loans		0.00%		0.00%		0.00%		0.07%		0.07%
	TOTAL		Balance		935,424.32		8,182,056.28		6,845,712.11		5,448,656.72		21,411,849.43
			% Balance		0.18%		1.57%		1.32%		1.05%		4.11%
			# Loans		10		55		36		36		137
			% # Loans		0.37%		2.01%		1.32%		1.32%		5.02%









Page 12 of 28
Morgan Stanley ABS Capital I Inc. 2005-HEL2

Mortgage Pass-Through Certificates

2005-HEL2

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
322243734 1
			48,000.00		47,529.00		01-Apr-2005		8.000%		MO - 80.00%		360		01-Sep-2004

322554338 1			67,200.00		66,442.51		01-Apr-2005		8.450%		TX - 80.00%		360		01-Oct-2004
322597170 1			65,850.00		64,922.35		01-Feb-2005		6.500%		AZ - 79.97%		360		01-Aug-2004
323209791 1			94,500.00		93,999.77		01-Apr-2005		7.500%		MO - 90.00%		360		01-Apr-2005
19146711 2			100,000.00		98,970.08		01-Mar-2005		7.375%		NC - 80.00%		360		01-Oct-2004
412021715 2			81,600.00		81,227.09		01-Feb-2005		9.500%		MO - 85.00%		360		01-Feb-2005


TOTAL			457,150.00		453,090.80


Page 13 of 28
Morgan Stanley ABS Capital I Inc. 2005-HEL2

Mortgage Pass-Through Certificates

2005-HEL2

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
19155548 1
			76,500.00		75,921.68		01-Mar-2005		8.500%		PA - 85.00%		360		01-Nov-2004

19157601 1			118,400.00		117,570.32		01-May-2005		8.875%		FL - 80.00%		360		01-Nov-2004
19157692 1			93,750.00		92,842.64		01-Feb-2005		7.250%		FL - 75.00%		360		01-Nov-2004
19160688 1			75,000.00		74,011.24		01-Jun-2005		6.125%		OR - 57.69%		360		01-Nov-2004
19644798 1			69,000.00		68,776.36		01-Apr-2005		11.125%		FL - 20.00%		180		01-Feb-2005
322571092 1			82,900.00		81,955.74		01-Apr-2005		6.400%		IN - 66.32%		360		01-Nov-2004
322963208 1			39,200.00		39,025.59		01-Jun-2005		10.625%		KY - 80.00%		360		01-Dec-2004
322963711 1			99,360.00		98,819.40		01-Aug-2005		9.250%		UT - 80.00%		360		01-Jan-2005
322964438 1			70,400.00		69,821.31		01-Feb-2005		7.625%		OH - 80.00%		360		01-Dec-2004
322967001 1			110,800.00		109,533.11		01-May-2005		5.375%		UT - 80.00%		360		01-Jan-2005
323067082 1			85,500.00		85,066.77		01-Feb-2005		8.999%		WI - 75.00%		360		01-Feb-2005
323068916 1			120,000.00		119,425.53		01-May-2005		10.250%		GA - 80.00%		360		01-Feb-2005
323074930 1			103,000.00		102,141.98		01-Jun-2005		6.490%		OH - 80.00%		360		01-Feb-2005
323075044 1			103,500.00		102,716.87		01-Jun-2005		7.250%		MI - 75.00%		360		01-Feb-2005
323077248 1			90,400.00		89,825.19		01-Mar-2005		7.875%		TX - 80.00%		360		01-Feb-2005
323195131 1			111,720.00		111,218.73		01-Apr-2005		8.999%		IN - 80.00%		360		01-Mar-2005
323195594 1			71,920.00		71,580.46		01-Jul-2005		8.750%		MO - 80.00%		360		01-Mar-2005
323197863 1			89,900.00		89,342.45		01-Apr-2005		8.000%		IN - 100.00%		360		01-Feb-2005
323199315 1			120,000.00		119,433.30		01-Apr-2005		8.749%		IL - 100.00%		360		01-Mar-2005
323201392 1			129,625.00		128,838.33		01-Mar-2005		7.500%		PA - 85.00%		360		01-Mar-2005
323202390 1			113,050.00		112,438.48		01-May-2005		7.390%		KY - 85.00%		360		01-Apr-2005
323209692 1			78,000.00		77,685.03		01-Apr-2005		9.000%		KY - 100.00%		360		01-Apr-2005
323210351 1			42,400.00		42,229.89		01-Jun-2005		8.875%		KS - 80.00%		360		01-Apr-2005
323212126 1			234,000.00		234,000.00		01-May-2005		9.375%		WA - 90.00%		360		01-Mar-2005
323214627 1			230,000.00		230,000.00		#######		6.250%		CA - 74.68%		360		01-Apr-2005
323255497 1			95,500.00		95,028.46		01-May-2005		7.850%		WI - 73.46%		360		01-Apr-2005
323256297 1			150,000.00		149,172.75		01-Apr-2005		8.125%		CA - 45.45%		360		01-Apr-2005
323256347 1			204,000.00		202,757.77		01-Apr-2005		6.790%		CT - 80.00%		360		01-Apr-2005
402136342 1			153,000.00		151,579.41		01-Mar-2005		9.600%		IN - 90.00%		360		01-May-2004
407305946 1			140,000.00		138,597.34		01-May-2005		7.500%		CT - 80.00%		360		01-Oct-2004
409305930 1			123,250.00		122,420.13		01-Apr-2005		8.625%		CT - 85.00%		360		01-Dec-2004
410086242 1			109,600.00		108,721.05		01-Apr-2005		7.750%		AZ - 80.00%		360		01-Dec-2004
410212584 1			272,631.30		271,576.78		01-Feb-2005		7.250%		CA - 80.00%		360		01-Dec-2004
19150309 2			65,450.00		65,074.30		01-Jun-2005		10.250%		MI - 85.00%		360		01-Oct-2004
19151620 2			272,000.00		268,931.38		01-Apr-2005		7.000%		FL - 80.00%		360		01-Oct-2004
19152966 2			216,000.00		216,000.00		01-Apr-2005		6.875%		CA - 80.00%		360		01-Oct-2004
19644368 2			147,000.00		146,009.27		01-Jun-2005		7.625%		IL - 81.22%		360		01-Feb-2005
19644566 2			212,000.00		210,199.32		01-Jun-2005		5.750%		RI - 80.00%		360		01-Mar-2005
19646231 2			103,500.00		102,916.89		01-May-2005		7.875%		MI - 90.00%		360		01-Mar-2005
19647809 2			158,400.00		157,315.12		01-Mar-2005		7.500%		MA - 90.00%		360		01-Feb-2005
322244039 2			213,600.00		210,920.52		01-Jun-2005		8.050%		KY - 80.00%		360		01-Sep-2004
322964172 2			156,000.00		154,655.08		01-Jun-2005		6.875%		CO - 80.00%		360		01-Jan-2005
322964594 2			101,900.00		101,900.00		01-Mar-2005		8.625%		OK - 94.97%		360		01-Jan-2005
322964966 2			78,210.00		77,841.18		01-May-2005		9.875%		OK - 90.00%		360		01-Jan-2005
322966672 2			427,500.00		427,449.22		01-Jun-2005		6.875%		CA - 90.00%		360		01-Jan-2005
323066027 2			364,000.00		362,108.10		01-Jun-2005		8.875%		MA - 80.00%		360		01-Feb-2005
323067561 2			58,500.00		58,192.85		01-Mar-2005		9.250%		IN - 90.00%		360		01-Feb-2005
323067678 2			180,960.00		179,525.56		01-May-2005		6.749%		GA - 80.00%		360		01-Feb-2005
323067900 2			46,750.00		46,460.01		01-Apr-2005		7.999%		IN - 85.00%		360		01-Feb-2005


Page 14 of 28
Morgan Stanley ABS Capital I Inc. 2005-HEL2

Mortgage Pass-Through Certificates

2005-HEL2

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
323068171 2
			41,650.00		41,438.94		01-Apr-2005		9.000%		IN - 85.00%		360		01-Feb-2005

323069005 2			30,600.00		30,522.36		01-Apr-2005		12.249%		KS - 85.00%		360		01-Feb-2005
323069369 2			415,200.00		412,493.47		01-Mar-2005		7.750%		MA - 80.00%		360		01-Feb-2005
323069377 2			103,800.00		103,383.76		01-Apr-2005		10.125%		MA - 20.00%		180		01-Feb-2005
323069476 2			152,000.00		151,268.51		01-Mar-2005		9.250%		UT - 80.00%		360		01-Feb-2005
323069542 2			78,200.00		77,978.61		01-Jun-2005		11.750%		MO - 85.00%		360		01-Feb-2005
323072603 2			348,000.00		344,743.54		01-Jun-2005		5.875%		MD - 80.00%		360		01-Feb-2005
323073122 2			60,000.00		59,601.05		01-Jul-2005		7.650%		KY - 80.00%		360		01-Feb-2005
323196170 2			496,800.00		496,800.00		01-Apr-2005		7.625%		CA - 80.00%		360		01-Mar-2005
323205534 2			204,000.00		204,000.00		01-Apr-2005		6.990%		UT - 80.00%		360		01-Mar-2005
323210088 2			336,000.00		336,000.00		01-Jun-2005		7.625%		GA - 80.00%		360		01-Apr-2005
323257501 2			336,000.00		336,000.00		01-Apr-2005		6.990%		CA - 80.00%		360		01-Mar-2005
323271437 2			205,600.00		204,634.36		01-May-2005		8.100%		NC - 80.00%		360		01-Apr-2005
323271478 2			162,000.00		161,457.92		01-Jun-2005		8.990%		FL - 90.00%		360		01-May-2005
323272724 2			158,800.00		157,979.93		01-Apr-2005		7.625%		KY - 80.00%		360		01-Apr-2005
323273797 2			157,500.00		156,890.37		01-Jun-2005		9.050%		OH - 70.00%		360		01-Apr-2005
323274837 2			52,000.00		51,843.55		01-Jun-2005		12.375%		CA - 20.00%		360		01-Apr-2005
323276758 2			130,400.00		129,561.26		01-May-2005		6.500%		CO - 80.00%		360		01-Apr-2005
323278333 2			180,000.00		179,070.47		01-Apr-2005		7.625%		IL - 72.67%		360		01-Apr-2005
323278556 2			117,600.00		117,043.43		01-Jun-2005		8.500%		TX - 80.00%		360		01-Apr-2005
411026511 2			151,920.00		150,945.42		01-Mar-2005		8.375%		NH - 80.00%		360		01-Jan-2005
412065111 2			73,100.00		72,697.32		01-Mar-2005		8.590%		FL - 85.00%		360		01-Feb-2005
412077108 2			220,000.00		218,598.93		01-Mar-2005		7.990%		NY - 67.18%		360		01-Feb-2005
412077411 2			85,500.00		84,969.59		01-Jun-2005		7.999%		KY - 90.00%		360		01-Feb-2005
412078251 2			75,650.00		75,225.58		01-Mar-2005		8.500%		ID - 85.00%		360		01-Feb-2005
412090970 2			98,000.00		97,210.63		01-Jun-2005		7.999%		KY - 89.91%		360		01-Feb-2005
412157532 2			268,000.00		266,164.49		01-Jan-2005		7.500%		CA - 80.00%		360		01-Feb-2005
412236584 2			184,500.00		183,563.31		01-Jun-2005		8.990%		CT - 90.00%		360		01-Feb-2005


TOTAL			11,530,896.30		11,471,659.69


Page 15 of 28
Morgan Stanley ABS Capital I Inc. 2005-HEL2

Mortgage Pass-Through Certificates

2005-HEL2

October 25, 2005 Distribution
Prepayment Report

VOLUNTARY PREPAYMENTS


											Group 2		Group 1		Total




Current


Number of Paid in Full Loans										92		45		137
Number of Repurchased Loans										0		0		0
Total Number of Loans Prepaid in Full										92		45		137
Curtailments Amount										12,319.05		12,696.65		25,015.70
Paid in Full Balance										19,109,229.99		5,545,248.85		24,654,478.84
Repurchased Loans Balance										0.00		0.00		0.00
Total Prepayment Amount										19,121,549.04		5,557,945.50		24,679,494.54

Cumulative


Number of Paid in Full Loans										298		232		530
Number of Repurchased Loans										0		0		0
Total Number of Loans Prepaid in Full										298		232		530
Paid in Full Balance										67,460,291.59		33,085,991.00		100,546,282.59
Repurchased Loans Balance										0.00		0.00		0.00
Curtailments Amount										344,625.31		126,309.24		470,934.55
Total Prepayment Amount										67,804,916.90		33,212,300.24		101,017,217.14










Page 16 of 28
Morgan Stanley ABS Capital I Inc. 2005-HEL2

Mortgage Pass-Through Certificates

2005-HEL2

October 25, 2005 Distribution

VOLUNTARY PREPAYMENTS RATES


											Group 2		Group 1		Total



SMM										3.54%		1.85%		2.94%
3 Months Avg SMM										2.93%		2.45%		2.76%
12 Months Avg SMM										2.42%		2.11%		2.31%
Avg SMM Since Cut-off										2.42%		2.11%		2.31%


CPR										35.15%		20.07%		30.08%
3 Months Avg CPR										30.00%		25.74%		28.49%
12 Months Avg CPR										25.45%		22.57%		24.43%
Avg CPR Since Cut-off										25.45%		22.57%		24.43%


PSA										2,193.28%		1,206.13%		1,851.50%
3 Months Avg PSA Approximation										2,135.84%		1,757.15%		1,997.86%
12 Months Avg PSA Approximation										2,109.41%		1,780.27%		1,988.31%
Avg PSA Since Cut-off Approximation										2,109.41%		1,780.27%		1,988.31%










Page 17 of 28
Morgan Stanley ABS Capital I Inc. 2005-HEL2

Mortgage Pass-Through Certificates

2005-HEL2

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 18 of 28
Morgan Stanley ABS Capital I Inc. 2005-HEL2

Mortgage Pass-Through Certificates

2005-HEL2

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

19143312 2			290,700.00		287,993.65			30-Sep-2005		7.875%		IL - 90.00%		Paid Off - 360		01-Sep-2004


19144112 2			148,800.00		147,035.67			12-Sep-2005		6.625%		FL - 80.00%		Paid Off - 360		01-Sep-2004

19641711 2			153,000.00		152,002.66			23-Sep-2005		7.750%		IL - 100.00%		Paid Off - 360		01-Jan-2005

19641794 2			114,750.00		113,982.43			29-Sep-2005		7.625%		IL - 85.00%		Paid Off - 360		01-Jan-2005

19641877 2			166,000.00		164,334.41			28-Sep-2005		5.500%		FL - 79.81%		Paid Off - 360		01-Jan-2005

19642107 2			317,100.00		317,066.72			23-Sep-2005		6.875%		CA - 79.28%		Paid Off - 360		01-Jan-2005

19642115 2			79,250.00		78,869.66			23-Sep-2005		9.625%		CA - 19.81%		Paid Off - 360		01-Jan-2005

19642347 2			135,000.00		134,097.95			14-Sep-2005		7.625%		IL - 90.00%		Paid Off - 360		01-Jan-2005

19644160 2			416,000.00		416,000.00			01-Sep-2005		6.875%		CA - 80.00%		Paid Off - 360		01-Feb-2005

19644293 2			352,600.00		350,460.18			02-Sep-2005		7.500%		CA - 82.00%		Paid Off - 360		01-Feb-2005

19644632 2			108,000.00		107,406.53			09-Sep-2005		8.000%		MD - 80.00%		Paid Off - 360		01-Feb-2005

19644970 2			71,900.00		71,504.89			01-Sep-2005		8.000%		FL - 79.89%		Paid Off - 360		01-Feb-2005

19644988 2			17,950.00		17,889.58			01-Sep-2005		10.375%		FL - 19.94%		Paid Off - 180		01-Feb-2005

19645068 2			109,200.00		108,537.31			29-Sep-2005		7.500%		FL - 80.00%		Paid Off - 360		01-Feb-2005

19645142 2			120,000.00		119,394.71			13-Sep-2005		7.750%		FL - 80.00%		Paid Off - 360		01-Mar-2005

19645266 2			80,000.00		79,446.63			30-Sep-2005		7.125%		IL - 64.00%		Paid Off - 360		01-Mar-2005

19645712 1			335,000.00		335,000.00			02-Sep-2005		6.250%		CA - 77.01%		Paid Off - 360		01-Feb-2005

19646710 2			100,800.00		100,279.44			29-Sep-2005		7.625%		FL - 80.00%		Paid Off - 360		01-Mar-2005

19646728 2			25,200.00		25,145.07			29-Sep-2005		11.750%		FL - 20.00%		Paid Off - 180		01-Mar-2005

19647254 2			376,000.00		375,143.13			02-Sep-2005		7.375%		CA - 80.00%		Paid Off - 360		01-Mar-2005

19647262 2			70,500.00		69,843.43			06-Sep-2005		9.625%		CA - 15.00%		Paid Off - 360		01-Mar-2005

19647767 1			52,000.00		51,854.63			06-Sep-2005		10.625%		FL - 20.00%		Paid Off - 180		01-Feb-2005

322964065 1			132,720.00		131,555.55			19-Sep-2005		6.250%		OR - 80.00%		Paid Off - 360		01-Jan-2005

322964180 2			14,200.00		14,171.13			29-Sep-2005		13.250%		OH - 20.00%		Paid Off - 180		01-Jan-2005

322964198 1			56,800.00		56,559.98			29-Sep-2005		9.875%		OH - 80.00%		Paid Off - 360		01-Jan-2005

322964248 1			22,400.00		22,344.04			22-Sep-2005		12.625%		FL - 20.00%		Paid Off - 180		01-Jan-2005

322964255 1			89,600.00		89,120.96			22-Sep-2005		8.750%		FL - 80.00%		Paid Off - 360		01-Jan-2005

322964487 1			30,000.00		29,620.72			26-Sep-2005		7.500%		MO - 48.39%		Paid Off - 360		01-Dec-2004

322965781 2			159,900.00		158,918.03			19-Sep-2005		8.749%		OH - 100.00%		Paid Off - 360		01-Jan-2005

322966284 1			142,320.00		141,321.04			30-Sep-2005		7.375%		CA - 80.00%		Paid Off - 360		01-Jan-2005

322967522 1			28,100.00		27,994.37			07-Oct-2005		11.125%		OR - 20.00%		Paid Off - 180		01-Jan-2005

322967605 1			41,250.00		41,079.82			22-Sep-2005		10.250%		IN - 75.00%		Paid Off - 360		01-Jan-2005

323065557 1			45,000.00		44,870.98			28-Sep-2005		11.125%		AZ - 20.00%		Paid Off - 180		01-Feb-2005

323066993 2			220,270.00		220,270.00			27-Sep-2005		5.250%		CA - 80.00%		Paid Off - 360		01-Feb-2005

323067009 1			55,070.00		54,863.98			27-Sep-2005		9.875%		CA - 20.00%		Paid Off - 180		01-Feb-2005

323067918 2			396,000.00		396,000.00			04-Oct-2005		6.375%		CA - 80.00%		Paid Off - 360		01-Feb-2005

323067926 2			99,000.00		98,520.47			04-Oct-2005		8.625%		CA - 20.00%		Paid Off - 180		01-Feb-2005



Page 19 of 28
Morgan Stanley ABS Capital I Inc. 2005-HEL2

Mortgage Pass-Through Certificates

2005-HEL2

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

323068361 1			103,920.00		103,257.41			03-Oct-2005		7.249%		SD - 80.00%		Paid Off - 360		01-Feb-2005


323069609 2			280,000.00		280,000.00			19-Sep-2005		5.999%		CA - 80.00%		Paid Off - 360		01-Feb-2005

323071902 2			139,500.00		138,634.88			29-Sep-2005		7.390%		VA - 90.00%		Paid Off - 360		01-Feb-2005

323072470 1			212,500.00		210,872.77			23-Sep-2005		6.300%		NJ - 85.00%		Paid Off - 360		01-Feb-2005

323073221 1			57,600.00		56,188.32			20-Sep-2005		7.590%		WV - 80.00%		Paid Off - 180		01-Feb-2005

323073536 1			75,100.00		74,490.18			28-Sep-2005		5.990%		VA - 90.00%		Paid Off - 360		01-Feb-2005

323073593 2			205,600.00		205,600.00			29-Sep-2005		5.750%		CA - 80.00%		Paid Off - 360		01-Jan-2005

323073601 1			51,400.00		51,111.69			29-Sep-2005		8.500%		CA - 20.00%		Paid Off - 180		01-Jan-2005

323074062 2			603,500.00		603,500.00			04-Oct-2005		6.990%		CA - 85.00%		Paid Off - 360		01-Feb-2005

323074997 2			161,600.00		160,507.84			12-Oct-2005		6.950%		MI - 80.00%		Paid Off - 360		01-Feb-2005

323075325 1			#######		174,390.24			20-Sep-2005		6.870%		WI - 90.00%		Paid Off - 360		01-Mar-2005

323076075 1			120,000.00		119,261.66			12-Oct-2005		7.430%		FL - 75.00%		Paid Off - 360		01-Feb-2005

323195263 1			64,000.00		63,689.75			29-Sep-2005		8.625%		IA - 80.00%		Paid Off - 360		01-Feb-2005

323195560 1			210,000.00		208,307.97			21-Sep-2005		5.500%		CA - 63.64%		Paid Off - 360		01-Mar-2005

323196063 1			36,000.00		35,910.10			13-Oct-2005		11.125%		CA - 20.00%		Paid Off - 180		01-Mar-2005

323196659 2			125,000.00		124,856.43			14-Oct-2005		14.125%		FL - 18.36%		Paid Off - 180		01-Mar-2005

323197319 2			246,000.00		244,717.59			03-Oct-2005		8.750%		MA - 80.00%		Paid Off - 360		01-Feb-2005

323198895 1			50,000.00		49,819.10			03-Oct-2005		9.375%		AZ - 20.00%		Paid Off - 180		01-Mar-2005

323198903 1			200,000.00		198,584.97			03-Oct-2005		5.999%		AZ - 80.00%		Paid Off - 360		01-Mar-2005

323199026 2			106,000.00		105,620.81			30-Sep-2005		10.125%		NV - 20.00%		Paid Off - 180		01-Mar-2005

323199034 2			424,000.00		423,999.64			30-Sep-2005		5.875%		NV - 80.00%		Paid Off - 360		01-Mar-2005

323200956 1			192,000.00		190,889.57			30-Sep-2005		7.750%		MD - 80.00%		Paid Off - 360		01-Feb-2005

323201095 2			184,000.00		182,816.51			05-Oct-2005		6.500%		MD - 80.00%		Paid Off - 360		01-Mar-2005

323201210 2			325,000.00		323,276.24			13-Oct-2005		7.490%		MD - 86.44%		Paid Off - 360		01-Mar-2005

323202507 2			252,000.00		250,051.88			03-Oct-2005		6.250%		CA - 82.62%		Paid Off - 360		01-Feb-2005

323202960 2			239,000.00		239,000.00			14-Oct-2005		6.490%		CA - 77.10%		Paid Off - 360		01-Mar-2005

323205096 1			124,000.00		123,182.24			03-Oct-2005		6.750%		AZ - 80.00%		Paid Off - 360		01-Mar-2005

323205104 1			31,000.00		30,889.22			03-Oct-2005		10.990%		AZ - 20.00%		Paid Off - 180		01-Mar-2005

323205443 1			132,600.00		131,862.62			13-Oct-2005		7.250%		AZ - 85.00%		Paid Off - 360		01-Mar-2005

323205716 2			186,930.00		186,930.00			21-Sep-2005		6.390%		AZ - 80.00%		Paid Off - 360		01-Mar-2005

323205724 1			46,732.00		46,583.32			21-Sep-2005		9.990%		AZ - 20.00%		Paid Off - 180		01-Mar-2005

323205831 2			109,000.00		108,210.54			21-Sep-2005		5.875%		NY - 68.13%		Paid Off - 360		15-Feb-2005

323207654 2			278,000.00		278,000.00			16-Sep-2005		6.500%		CA - 86.88%		Paid Off - 360		01-Apr-2005

323207662 2			367,920.00		367,920.00			07-Oct-2005		8.500%		MA - 80.00%		Paid Off - 360		01-Apr-2005

323207985 1			144,000.00		143,263.52			16-Sep-2005		6.874%		IL - 80.00%		Paid Off - 360		01-Apr-2005

323208116 1			88,000.00		87,581.02			11-Oct-2005		7.249%		AZ - 80.00%		Paid Off - 360		01-Apr-2005

323208124 1			22,000.00		21,951.87			11-Oct-2005		11.125%		AZ - 20.00%		Paid Off - 180		01-Apr-2005

323208892 2			196,800.00		195,900.11			30-Sep-2005		8.250%		MA - 80.00%		Paid Off - 360		01-Mar-2005



Page 20 of 28
Morgan Stanley ABS Capital I Inc. 2005-HEL2

Mortgage Pass-Through Certificates

2005-HEL2

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

323210369 1			175,500.00		175,488.50			03-Oct-2005		7.250%		CA - 90.00%		Paid Off - 360		01-Mar-2005


323210831 2			173,230.00		172,673.09			05-Oct-2005		9.249%		NJ - 100.00%		Paid Off - 360		01-Apr-2005

323211177 2			187,200.00		186,452.76			26-Sep-2005		8.125%		RI - 80.00%		Paid Off - 360		01-Apr-2005

323211185 1			46,800.00		46,735.84			26-Sep-2005		13.125%		RI - 20.00%		Paid Off - 180		01-Apr-2005

323211318 2			223,200.00		222,058.66			04-Oct-2005		6.875%		CA - 80.00%		Paid Off - 360		01-Apr-2005

323211797 1			30,875.00		29,792.98			04-Oct-2005		8.500%		MO - 95.00%		Paid Off - 360		01-Mar-2005

323211995 2			422,910.00		422,910.00			16-Sep-2005		5.750%		CA - 80.00%		Paid Off - 360		01-Apr-2005

323212316 1			320,000.00		320,000.00			23-Sep-2005		5.875%		CA - 80.00%		Paid Off - 360		01-Apr-2005

323212712 2			229,500.00		228,512.28			20-Sep-2005		7.750%		CA - 85.00%		Paid Off - 360		01-Apr-2005

323212753 2			418,000.00		418,000.00			13-Oct-2005		6.875%		MD - 95.00%		Paid Off - 360		01-Mar-2005

323212985 2			323,000.00		321,352.01			29-Sep-2005		7.249%		FL - 95.00%		Paid Off - 360		01-Apr-2005

323213041 2			495,000.00		495,000.00			16-Sep-2005		6.500%		CA - 90.00%		Paid Off - 360		01-Apr-2005

323213207 2			429,600.00		429,600.00			30-Sep-2005		6.750%		CA - 94.21%		Paid Off - 360		01-Mar-2005

323213504 2			270,420.00		269,069.91			03-Oct-2005		6.999%		OR - 90.00%		Paid Off - 360		01-Apr-2005

323213678 1			276,800.00		275,370.62			07-Oct-2005		7.625%		CA - 80.00%		Paid Off - 360		01-Mar-2005

323214759 1			43,980.00		43,863.94			20-Sep-2005		10.125%		CA - 20.00%		Paid Off - 180		01-Apr-2005

323255349 1			304,200.00		302,739.39			29-Sep-2005		7.990%		IL - 90.00%		Paid Off - 360		01-Mar-2005

323255901 1			290,000.00		288,420.84			05-Oct-2005		6.550%		MA - 74.36%		Paid Off - 360		01-Apr-2005

323257709 1			350,000.00		349,700.00			06-Oct-2005		5.990%		CA - 76.92%		Paid Off - 360		01-Apr-2005

323258681 1			172,000.00		170,993.67			20-Sep-2005		6.990%		FL - 59.31%		Paid Off - 360		01-Mar-2005

323268409 2			311,600.00		309,886.82			30-Sep-2005		6.500%		FL - 80.00%		Paid Off - 360		01-Apr-2005

323268474 2			123,200.00		123,200.00			11-Oct-2005		6.675%		FL - 80.00%		Paid Off - 360		01-Apr-2005

323268797 2			264,000.00		263,994.77			13-Oct-2005		6.400%		FL - 80.00%		Paid Off - 360		01-Apr-2005

323268805 2			66,000.00		65,810.10			13-Oct-2005		9.900%		FL - 20.00%		Paid Off - 180		01-Apr-2005

323269977 2			72,000.00		71,699.30			27-Sep-2005		7.900%		VA - 80.00%		Paid Off - 360		01-Apr-2005

323269985 2			18,000.00		17,968.26			27-Sep-2005		11.990%		VA - 20.00%		Paid Off - 180		01-Apr-2005

323271387 2			63,200.00		62,940.24			29-Sep-2005		7.980%		FL - 80.00%		Paid Off - 360		01-Apr-2005

323271395 2			15,800.00		15,773.09			29-Sep-2005		12.150%		FL - 20.00%		Paid Off - 360		01-Apr-2005

323271684 2			73,600.00		73,206.33			28-Sep-2005		6.650%		FL - 80.00%		Paid Off - 360		01-Apr-2005

323271767 2			195,500.00		194,600.23			12-Oct-2005		7.900%		RI - 85.00%		Paid Off - 360		01-Apr-2005

323271791 2			18,400.00		18,360.28			28-Sep-2005		11.150%		FL - 20.00%		Paid Off - 180		01-Apr-2005

323272385 2			177,500.00		177,500.00			04-Oct-2005		6.990%		MD - 79.99%		Paid Off - 360		01-Apr-2005

323272393 2			96,500.00		96,139.08			28-Sep-2005		8.990%		FL - 89.98%		Paid Off - 360		01-Apr-2005

323273664 2			271,200.00		271,200.00			05-Oct-2005		6.990%		IL - 80.00%		Paid Off - 360		01-Apr-2005

323275404 2			647,200.00		647,200.00			06-Oct-2005		6.000%		CA - 80.00%		Paid Off - 360		01-Apr-2005

323275909 2			180,000.00		178,911.33			03-Oct-2005		6.000%		CA - 80.00%		Paid Off - 360		01-Apr-2005

323275917 2			45,000.00		44,841.78			03-Oct-2005		8.750%		CA - 20.00%		Paid Off - 360		01-Apr-2005

323276063 2			431,200.00		431,200.00			14-Oct-2005		6.500%		CA - 80.00%		Paid Off - 360		01-Apr-2005



Page 21 of 28
Morgan Stanley ABS Capital I Inc. 2005-HEL2

Mortgage Pass-Through Certificates

2005-HEL2

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

323276071 2			107,800.00		107,483.85			14-Oct-2005		9.625%		CA - 20.00%		Paid Off - 360		01-Apr-2005


323276295 2			256,000.00		256,000.00			12-Oct-2005		6.000%		CA - 80.00%		Paid Off - 360		01-Apr-2005

323276741 2			196,000.00		194,708.84			03-Oct-2005		6.375%		CA - 80.00%		Paid Off - 360		01-Apr-2005

323276766 2			49,000.00		48,782.26			03-Oct-2005		9.250%		CA - 20.00%		Paid Off - 360		01-Apr-2005

323277087 2			292,500.00		292,500.00			28-Sep-2005		7.250%		CA - 90.00%		Paid Off - 360		01-Apr-2005

323277137 2			119,000.00		118,409.97			27-Sep-2005		7.375%		AZ - 70.00%		Paid Off - 360		01-Apr-2005

323277210 2			33,700.00		33,618.27			22-Sep-2005		10.625%		AZ - 20.00%		Paid Off - 360		01-Apr-2005

323277459 2			195,500.00		194,398.33			19-Sep-2005		6.375%		CA - 85.00%		Paid Off - 360		01-Apr-2005

323277475 2			405,000.00		403,168.17			27-Sep-2005		7.500%		CA - 60.90%		Paid Off - 360		01-Apr-2005

323278051 2			180,000.00		179,225.34			05-Oct-2005		7.750%		NV - 87.80%		Paid Off - 360		01-Apr-2005

323278234 2			497,500.00		494,764.71			04-Oct-2005		6.500%		CA - 89.64%		Paid Off - 360		01-Apr-2005

323279240 2			232,900.00		232,240.86			29-Sep-2005		8.900%		FL - 85.00%		Paid Off - 360		01-May-2005

323280206 2			160,000.00		159,437.52			19-Sep-2005		8.750%		IL - 80.00%		Paid Off - 360		01-Apr-2005

323280990 2			214,400.00		214,400.00			19-Sep-2005		7.000%		AZ - 80.00%		Paid Off - 360		01-May-2005

323281014 2			53,600.00		53,468.79			19-Sep-2005		10.625%		AZ - 20.00%		Paid Off - 360		01-May-2005

406098666 2			400,000.00		400,000.00			19-Sep-2005		6.375%		CA - 80.00%		Paid Off - 360		01-Aug-2004

408040435 1			175,000.00		173,089.85			16-Sep-2005		6.625%		CA - 79.55%		Paid Off - 360		01-Oct-2004

411026729 2			252,000.00		250,093.18			27-Sep-2005		6.990%		VA - 80.00%		Paid Off - 360		01-Jan-2005

411308541 2			198,000.00		196,938.91			09-Sep-2005		8.125%		CA - 90.00%		Paid Off - 360		01-Feb-2005

412010811 1			153,000.00		152,999.99			19-Sep-2005		7.599%		MI - 85.00%		Paid Off - 360		01-Feb-2005

412065734 2			98,500.00		97,840.59			28-Sep-2005		6.999%		FL - 72.43%		Paid Off - 360		01-Feb-2005

412091984 2			160,612.80		159,511.36			07-Sep-2005		6.875%		UT - 80.00%		Paid Off - 360		01-Feb-2005

412134497 2			250,000.00		248,322.57			01-Sep-2005		7.750%		CA - 62.50%		Paid Off - 360		01-Feb-2005

412145635 1			68,400.00		67,779.62			22-Sep-2005		7.490%		TN - 80.00%		Paid Off - 360		01-Feb-2005



TOTAL			24,739,109.80		24,654,478.84



Page 22 of 28
Morgan Stanley ABS Capital I Inc. 2005-HEL2

Mortgage Pass-Through Certificates

2005-HEL2

October 25, 2005 Distribution
Realized Loss Report

COLLATERAL REALIZED LOSSES



											Group 2		Group 1		Total


Current




Number of Loans Liquidated										0		0		0
Collateral Principal Realized Loss/(Gain) Amount										0.00		0.00		0.00
Collateral Interest Realized Loss/(Gain) Amount										0.00		0.00		0.00
Net Liquidation Proceeds										0.00		0.00		0.00

Cumulative




Number of Loans Liquidated										0		0		0
Collateral Realized Loss/(Gain) Amount										0.00		0.00		0.00
Net Liquidation Proceeds										0.00		0.00		0.00










Page 23 of 28
Morgan Stanley ABS Capital I Inc. 2005-HEL2

Mortgage Pass-Through Certificates

2005-HEL2

October 25, 2005 Distribution


DEFAULT SPEEDS



											Group 2		Group 1		Total



MDR										0.00%		0.00%		0.00%
3 Months Avg MDR										0.00%		0.00%		0.00%
12 Months Avg MDR										0.00%		0.00%		0.00%
Avg MDR Since Cut-off										0.00%		0.00%		0.00%


CDR										0.00%		0.00%		0.00%
3 Months Avg CDR										0.00%		0.00%		0.00%
12 Months Avg CDR										0.00%		0.00%		0.00%
Avg CDR Since Cut-off										0.00%		0.00%		0.00%


SDA										0.00%		0.00%		0.00%
3 Months Avg SDA Approximation										0.00%		0.00%		0.00%
12 Months Avg SDA Approximation										0.00%		0.00%		0.00%
Avg SDA Since Cut-off Approximation										0.00%		0.00%		0.00%


Loss Severity Approximation for Current Period										0.00%		0.00%		0.00%
3 Months Avg Loss Severity Approximation										0.00%		0.00%		0.00%
12 Months Avg Loss Severity Approximation										0.00%		0.00%		0.00%
Avg Loss Severity Approximation Since Cut-off										0.00%		0.00%		0.00%












Page 24 of 28
Morgan Stanley ABS Capital I Inc. 2005-HEL2

Mortgage Pass-Through Certificates

2005-HEL2

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 25 of 28
Morgan Stanley ABS Capital I Inc. 2005-HEL2

Mortgage Pass-Through Certificates

2005-HEL2

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



Page 26 of 28
Morgan Stanley ABS Capital I Inc. 2005-HEL2

Mortgage Pass-Through Certificates

2005-HEL2

October 25, 2005 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS

										Group 2		Group 1		Total
						Trigger Event in effect (0=No , 1=Yes)								0
						Stepdown Date has occurred (0 = No, 1=Yes)								0
						3M Rolling Avg.Bal 60+ days includes BK,FC,REO								14,126,788.82
						Ending Balance								815,340,136.38
						Prior Period Senior Enhancement Percentage								22.3517%



ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK



ADDITIONAL INFORMATION

										Group 2		Group 1		Total
Basis Risk CarryForward Amount paid														0.00
Basis Risk CarryForward Amount unpaid														0.00




Page 27 of 28
Morgan Stanley ABS Capital I Inc. 2005-HEL2

Mortgage Pass-Through Certificates

2005-HEL2

October 25, 2005 Distribution
Other Related Information
ADDITIONAL INFORMATION

										Group 2		Group 1		Total
Current Scheduled Payments														5,504,954.37
Current Scheduled Payments 1 Month Prior														5,673,760.00
Current Scheduled Payments 2 Month Prior														5,809,667.81
Current Scheduled Payments 3 Month Prior														5,939,324.95
Current Scheduled Payments 4 Month Prior														6,014,981.54
Current Scheduled Payments 5 Month Prior														0.00
Current Scheduled Payments 6 Month Prior														0.00
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
Sched. Pmts - 60+Day Delinquent Loans, 1 Month Prior										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 2 Month Prior										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 3 Month Prior										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 4 Month Prior										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 5 Month Prior										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 6 Month Prior										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 7 Month Prior										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 8 Month Prior										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 9 Month Prior										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 10 Month Prior										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 11 Month Prior										0.00		0.00		0.00




Page 28 of 28

Morgan Stanley Home Equity Loan Trust 2005-2 8-K