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Morgan Stanley ABS Capital I Inc.

Contact: Customer Service - CTSLink


Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Certificateholder Distribution Summary


Certificate Beginning Current Ending Cumulative
Record Pass-Through Certificate Interest Principal Realized Certificate Total Realized
Class CUSIP Date Rate Balance Distribution Distribution Loss Balance Distribution Losses
A-1 61753KAA4 05/24/2010 0.47750 % 84,632,861.14 32,516.12 626,797.03 0.00 84,006,064.11 659,313.15 0.00
A-2a 61753KAB2 05/24/2010 0.37250 % 98,550,323.79 29,537.29 2,598,710.83 0.00 95,951,612.96 2,628,248.12 0.00
A-2b 61753KAC0 05/24/2010 0.44250 % 122,420,000.00 43,586.49 0.00 0.00 122,420,000.00 43,586.49 0.00
A-2c 61753KAD8 05/24/2010 0.51250 % 169,910,000.00 70,064.67 0.00 0.00 169,910,000.00 70,064.67 0.00
A-2d 61753KAE6 05/24/2010 0.60250 % 103,826,000.00 50,332.61 0.00 0.00 103,826,000.00 50,332.61 0.00
M-1 61753KAF3 05/24/2010 0.68250 % 40,290,000.00 22,125.15 0.00 0.00 40,290,000.00 22,125.15 0.00
M-2 61753KAG1 05/24/2010 0.73250 % 36,735,000.00 21,650.80 0.00 0.00 36,735,000.00 21,650.80 0.00
M-3 61753KAH9 05/24/2010 0.91250 % 23,108,000.00 16,966.08 0.00 0.00 23,108,000.00 16,966.08 0.00
M-4 61753KAJ5 05/24/2010 1.41250 % 20,145,000.00 22,895.07 0.00 0.00 20,145,000.00 22,895.07 0.00
M-5 61753KAK2 05/24/2010 1.76250 % 16,091,689.44 22,820.07 0.00 5,856,357.47 10,235,331.98 22,820.07 9,317,668.03
M-6 61753KAL0 05/24/2010 2.24281 % 0.00 0.00 0.00 0.00 0.00 0.00 18,368,000.00
B-1 61753KAM8 05/24/2010 2.34281 % 0.00 0.00 0.00 0.00 0.00 0.00 17,775,000.00
B-2 61753KAN6 05/24/2010 2.34281 % 0.00 0.00 0.00 0.00 0.00 0.00 16,590,000.00
B-3 61753KAP1 05/24/2010 2.34281 % 0.00 0.00 0.00 0.00 0.00 0.00 14,813,000.00
X MORGAN07H5X 04/30/2010 0.00000 % 0.00 0.00 0.00 0.00 0.00 0.00 0.00
R MORGAN07H5R 04/30/2010 0.00000 % 0.00 0.00 0.00 0.00 0.00 0.00 0.00
RX MORGAN07H5RX 04/30/2010 0.00000 % 0.00 0.00 0.00 0.00 0.00 0.00 0.00
P MORGAN07H5P 04/30/2010 0.00000 % 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Totals 715,708,874.37 332,494.35 3,225,507.86 5,856,357.47 706,627,009.05 3,558,002.21 76,863,668.03

As Master Servicer, Wells Fargo Bank, N.A. has independently calculated collateral information based on loan level data received from external parties, which may include the Servicers,
Issuer and other parties to the transaction. Wells Fargo Bank, N.A. expressly disclaims any responsibility for the accuracy or completeness of information furnished to it by those third parties.
All Record Dates are based upon the governing documents and logic set forth as of closing.

Page 1
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Principal Distribution Statement


Original Beginning Scheduled Unscheduled Total Ending Ending Total
Face Certificate Principal Principal Realized Principal Certificate Certificate Principal
Class Amount Balance Distribution Distribution Accretion Loss Reduction Balance Percentage Distribution
A-1 119,919,000.00 84,632,861.14 0.00 626,797.03 0.00 0.00 626,797.03 84,006,064.11 0.70052339 626,797.03
A-2a 408,820,000.00 98,550,323.79 0.00 2,598,710.83 0.00 0.00 2,598,710.83 95,951,612.96 0.23470381 2,598,710.83
A-2b 122,420,000.00 122,420,000.00 0.00 0.00 0.00 0.00 0.00 122,420,000.00 1.00000000 0.00
A-2c 169,910,000.00 169,910,000.00 0.00 0.00 0.00 0.00 0.00 169,910,000.00 1.00000000 0.00
A-2d 103,826,000.00 103,826,000.00 0.00 0.00 0.00 0.00 0.00 103,826,000.00 1.00000000 0.00
M-1 40,290,000.00 40,290,000.00 0.00 0.00 0.00 0.00 0.00 40,290,000.00 1.00000000 0.00
M-2 36,735,000.00 36,735,000.00 0.00 0.00 0.00 0.00 0.00 36,735,000.00 1.00000000 0.00
M-3 23,108,000.00 23,108,000.00 0.00 0.00 0.00 0.00 0.00 23,108,000.00 1.00000000 0.00
M-4 20,145,000.00 20,145,000.00 0.00 0.00 0.00 0.00 0.00 20,145,000.00 1.00000000 0.00
M-5 19,553,000.00 16,091,689.44 0.00 0.00 0.00 5,856,357.47 5,856,357.47 10,235,331.98 0.52346607 0.00
M-6 18,368,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00000000 0.00
B-1 17,775,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00000000 0.00
B-2 16,590,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00000000 0.00
B-3 14,813,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00000000 0.00
X 52,735,113.44 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00000000 0.00
R 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00000000 0.00
RX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00000000 0.00
P 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00000000 0.00
Totals 1,185,007,113.44 715,708,874.37 0.00 3,225,507.86 0.00 5,856,357.47 9,081,865.33 706,627,009.05 0.59630613 3,225,507.86

NOTE: Accretion amount also includes Net Negative Amortization, if applicable.

Page 2
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Principal Distribution Factors Statement

Original Beginning Scheduled Unscheduled Total Ending Ending Total


Face Certificate Principal Principal Realized Principal Certificate Certificate Principal
Class Amount Balance Distribution Distribution Accretion Loss Reduction Balance Percentage Distribution
A-1 119,919,000.00 705.75022423 0.00000000 5.22683670 0.00000000 0.00000000 5.22683670 700.52338754 0.70052339 5.22683670
A-2a 408,820,000.00 241.06042706 0.00000000 6.35661374 0.00000000 0.00000000 6.35661374 234.70381332 0.23470381 6.35661374
A-2b 122,420,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
A-2c 169,910,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
A-2d 103,826,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
M-1 40,290,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
M-2 36,735,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
M-3 23,108,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
M-4 20,145,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 1.00000000 0.00000000
M-5 19,553,000.00 822.97803099 0.00000000 0.00000000 0.00000000 299.51196594 299.51196594 523.46606557 0.52346607 0.00000000
M-6 18,368,000.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
B-1 17,775,000.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
B-2 16,590,000.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
B-3 14,813,000.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
X 52,735,113.44 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
R 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
RX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
P 0.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
NOTE: Accretion amount also includes Net Negative Amortization, if applicable.
NOTE: All classes per $1,000 denomination.

Page 3
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Interest Distribution Statement

Beginning Payment of Non- Remaining Ending


Current Certificate/ Current Unpaid Current Supported Total Unpaid Certificate/
Accrual Certificate Notional Accrued Interest Interest Interest Interest Interest Notional
Class Accrual Dates Days Rate Balance Interest Shortfall(1) Shortfall(1) Shortfall Distribution Shortfall(1) Balance
A-1 04/26/10 - 05/24/10 29 0.47750 % 84,632,861.14 32,554.27 0.00 0.00 38.15 32,516.12 0.00 84,006,064.11
A-2a 04/26/10 - 05/24/10 29 0.37250 % 98,550,323.79 29,571.94 0.00 0.00 34.65 29,537.29 0.00 95,951,612.96
A-2b 04/26/10 - 05/24/10 29 0.44250 % 122,420,000.00 43,637.63 0.00 0.00 51.14 43,586.49 0.00 122,420,000.00
A-2c 04/26/10 - 05/24/10 29 0.51250 % 169,910,000.00 70,146.87 0.00 0.00 82.20 70,064.67 0.00 169,910,000.00
A-2d 04/26/10 - 05/24/10 29 0.60250 % 103,826,000.00 50,391.66 0.00 0.00 59.05 50,332.61 0.00 103,826,000.00
M-1 04/26/10 - 05/24/10 29 0.68250 % 40,290,000.00 22,151.11 0.00 0.00 25.96 22,125.15 0.00 40,290,000.00
M-2 04/26/10 - 05/24/10 29 0.73250 % 36,735,000.00 21,676.20 0.00 0.00 25.40 21,650.80 0.00 36,735,000.00
M-3 04/26/10 - 05/24/10 29 0.91250 % 23,108,000.00 16,985.98 0.00 0.00 19.90 16,966.08 0.00 23,108,000.00
M-4 04/26/10 - 05/24/10 29 1.41250 % 20,145,000.00 22,921.93 0.00 0.00 26.86 22,895.07 0.00 20,145,000.00
M-5 04/26/10 - 05/24/10 29 1.76250 % 16,091,689.44 22,846.85 0.00 0.00 26.77 22,820.07 0.00 10,235,331.98
M-6 N/A N/A 2.24281 % 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
B-1 N/A N/A 2.34281 % 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
B-2 N/A N/A 2.34281 % 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
B-3 N/A N/A 2.34281 % 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
X N/A N/A 0.00000 % 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
R N/A N/A 0.00000 % 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
RX N/A N/A 0.00000 % 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
P N/A N/A 0.00000 % 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Totals 332,884.44 0.00 0.00 390.08 332,494.35 0.00

(1) Amount also includes Coupon Cap or Basis Risk Shortfalls, if applicable.

Page 4
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Interest Distribution Factors Statement

Beginning Payment of Non- Remaining Ending


Original Current Current Current Total
Certificate/ Unpaid Supported Unpaid Certificate/
Face Certificate Accrued Interest Interest
Notional Interest Interest Interest Notional
Class Amount Rate Interest Shortfall(1) Distribution
Balance Shortfall(1) Shortfall Shortfall(1) Balance
A-1 119,919,000.00 0.47750 % 705.75022423 0.27146882 0.00000000 0.00000000 0.00031813 0.27115069 0.00000000 700.52338754
A-2a 408,820,000.00 0.37250 % 241.06042706 0.07233487 0.00000000 0.00000000 0.00008476 0.07225011 0.00000000 234.70381332
A-2b 122,420,000.00 0.44250 % 1000.00000000 0.35645834 0.00000000 0.00000000 0.00041774 0.35604060 0.00000000 1000.00000000
A-2c 169,910,000.00 0.51250 % 1000.00000000 0.41284721 0.00000000 0.00000000 0.00048379 0.41236343 0.00000000 1000.00000000
A-2d 103,826,000.00 0.60250 % 1000.00000000 0.48534722 0.00000000 0.00000000 0.00056874 0.48477848 0.00000000 1000.00000000
M-1 40,290,000.00 0.68250 % 1000.00000000 0.54979176 0.00000000 0.00000000 0.00064433 0.54914743 0.00000000 1000.00000000
M-2 36,735,000.00 0.73250 % 1000.00000000 0.59006942 0.00000000 0.00000000 0.00069144 0.58937798 0.00000000 1000.00000000
M-3 23,108,000.00 0.91250 % 1000.00000000 0.73506924 0.00000000 0.00000000 0.00086117 0.73420807 0.00000000 1000.00000000
M-4 20,145,000.00 1.41250 % 1000.00000000 1.13784711 0.00000000 0.00000000 0.00133333 1.13651378 0.00000000 1000.00000000
M-5 19,553,000.00 1.76250 % 822.97803099 1.16845753 0.00000000 0.00000000 0.00136910 1.16708791 0.00000000 523.46606557
M-6 18,368,000.00 2.24281 % 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
B-1 17,775,000.00 2.34281 % 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
B-2 16,590,000.00 2.34281 % 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
B-3 14,813,000.00 2.34281 % 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
X 52,735,113.44 0.00000 % 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
R 0.00 0.00000 % 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
RX 0.00 0.00000 % 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
P 0.00 0.00000 % 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
(1) Amount also includes Coupon Cap or Basis Risk Shortfalls, if applicable.
NOTE: All classes per $1,000 denomination.

Page 5
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Certificateholder Account Statement

CERTIFICATE ACCOUNT PREPAYMENT/CURTAILMENT INTEREST SHORTFALL


Beginning Balance 0.00
Deposits Total Prepayment/Curtailment Interest Shortfall 390.08
Payments of Interest and Principal 12,347,940.88 Servicing Fee Support 0.00
Reserve Funds and Credit Enhancements 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 390.08
Proceeds from Repurchased Loans 0.00
Servicer Advances 0.00 ADMINISTRATION FEES
Gains & Subsequent Recoveries (Realized Losses) (8,233,978.47) Gross Servicing Fee* 298,212.03
Prepayment Penalties 0.00 Master Servicing Fee - Wells Fargo Bank, N.A. 5,964.24
Swap/Cap Payments 0.00 Supported Prepayment/Curtailment Interest Shortfall 0.00
Total Deposits 4,113,962.41 Total Administration Fees 304,176.27

Withdrawals
*Servicer Payees include: BAC HOME LOANS SERVICING, LP; SAXON MORTGAGE
Swap Payments 251,783.93 SERVICES, INC.
Reserve Funds and Credit Enhancements 0.00
Total Administration Fees 304,176.27
Payment of Interest and Principal 3,558,002.21
Total Withdrawals (Pool Distribution Amount) 4,113,962.41

Ending Balance 0.00

Servicer Advances are calculated as delinquent scheduled principal and interest.

Reserve and Guaranty Funds


Beginning Current Current Ending
Account Name Balance Withdrawals Deposits Balance
CAP Reserve Account 0.00 0.00 0.00 0.00
Closing Date Deposit 0.00 0.00 0.00 0.00
Excess Reserve Fund Account 0.00 0.00 0.00 0.00
SWAP Reserve Account 0.00 0.00 0.00 0.00
Hedge Funds
Funds In Funds Out Net Amount
Account Name (A) (B) (A - B)
CAP Acct - Morgan Stanley Capital Services Inc. 0.00 0.00 0.00
SWAP Acct - Morgan Stanley Capital Services Inc. 14,053.38 265,837.31 (251,783.93)

Page 6
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Collateral Statement
Group Loan Group I Loan Group II Total
Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Mixed Fixed & Arm
Weighted Average Coupon Rate 6.970803 6.897053 6.907718
Weighted Average Net Rate 6.470803 6.397053 6.407718
Weighted Average Pass-Through Rate 6.460803 6.387053 6.397718
Weighted Average Remaining Term 335 329 330
Principal and Interest Constant 650,522.50 3,885,021.89 4,535,544.39
Beginning Loan Count 520 2,979 3,499
Loans Paid in Full 7 39 46
Ending Loan Count 513 2,940 3,453
Beginning Scheduled Balance 103,498,562.64 612,210,311.73 715,708,874.37
Ending Scheduled Balance 102,468,295.28 604,158,713.76 706,627,009.04
Actual Ending Collateral Balance 102,824,324.89 606,536,555.98 709,360,880.87
Scheduled Principal 49,299.12 366,316.16 415,615.28
Unscheduled Principal 980,968.24 7,685,281.81 8,666,250.05
Negative Amortized Principal 0.00 0.00 0.00
Scheduled Interest 601,223.38 3,518,705.73 4,119,929.11
Servicing Fees 43,124.40 255,087.63 298,212.03
Master Servicing Fees 862.49 5,101.75 5,964.24
Trustee Fee 0.00 0.00 0.00
FRY Amount 0.00 0.00 0.00
Special Hazard Fee 0.00 0.00 0.00
Other Fee 0.00 0.00 0.00
Pool Insurance Fee 0.00 0.00 0.00
Spread 1 0.00 0.00 0.00
Spread 2 0.00 0.00 0.00
Spread 3 0.00 0.00 0.00
Net Interest 557,236.49 3,258,516.35 3,815,752.84
Realized Loss Amount 835,707.57 7,398,270.90 8,233,978.47
Cumulative Realized Loss 23,239,012.13 187,808,701.99 211,047,714.12
Percentage of Cumulative Losses 15.1252 18.2098 17.8098
Prepayment Penalty Waived Amount 0.00 0.00 0.00
Prepayment Penalty Waived Count 0 0 0
Prepayment Penalty Paid Amount 0.00 0.00 0.00
Prepayment Penalty Paid Count 0 0 0
Special Servicing Fee 0.00 0.00 0.00

Page 7
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Collateral Statement by Subgroup
Group Pool I(A) Pool I(B) Pool I(C) Pool II(A) Pool II(B) Pool II(C)
Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Fixed 15/30 & ARM Fixed 15/30 & ARM Fixed 15/30 & ARM Fixed 15/30 & ARM
Weighted Average Coupon Rate 7.856660 5.868668 6.890405 7.861747 5.901910 6.716710
Weighted Average Net Rate 7.356659 5.368669 6.390405 7.361747 5.401910 6.216710
Weighted Average Pass-Through Rate 7.346660 5.358668 6.380405 7.351747 5.391910 6.206710
Weighted Average Remaining Term 316 319 319 313 319 319
Principal and Interest Constant 117,244.44 37,630.92 495,647.14 790,244.40 86,938.53 3,007,838.96
Beginning Loan Count 130 27 363 876 43 2,060
Loans Paid in Full 0 0 7 17 0 22
Ending Loan Count 130 27 356 859 43 2,038
Beginning Scheduled Balance 16,330,121.87 7,299,342.82 79,869,097.95 108,097,367.19 16,406,041.52 487,706,903.02
Ending Scheduled Balance 16,319,195.36 7,297,136.28 78,851,963.64 106,871,002.35 16,410,340.26 480,877,371.15
Actual Ending Collateral Balance 16,400,603.76 7,311,847.75 79,111,873.38 107,240,560.26 16,457,823.31 482,838,172.41
Scheduled Principal 10,327.60 1,933.07 37,038.45 82,049.26 6,249.38 278,017.52
Unscheduled Principal 598.91 273.47 980,095.86 1,144,315.58 (10,548.12) 6,551,514.35
Negative Amortized Principal 0.00 0.00 0.00 0.00 0.00 0.00
Scheduled Interest 106,916.84 35,697.85 458,608.69 708,195.14 80,689.15 2,729,821.44
Servicing Fees 6,804.22 3,041.39 33,278.79 45,040.57 6,835.85 203,211.21
Master Servicing Fees 136.08 60.83 665.58 900.81 136.72 4,064.22
Trustee Fee 0.00 0.00 0.00 0.00 0.00 0.00
FRY Amount 0.00 0.00 0.00 0.00 0.00 0.00
Special Hazard Fee 0.00 0.00 0.00 0.00 0.00 0.00
Other Fee 0.00 0.00 0.00 0.00 0.00 0.00
Pool Insurance Fee 0.00 0.00 0.00 0.00 0.00 0.00
Spread 1 0.00 0.00 0.00 0.00 0.00 0.00
Spread 2 0.00 0.00 0.00 0.00 0.00 0.00
Spread 3 0.00 0.00 0.00 0.00 0.00 0.00
Net Interest 99,976.54 32,595.63 424,664.32 662,253.76 73,716.58 2,522,546.01
Realized Loss Amount 0.00 0.00 835,707.57 1,166,535.33 0.00 6,231,735.57
Cumulative Realized Loss 3,153,244.17 0.00 20,085,767.96 33,960,470.40 1,411,557.20 152,436,674.39
Percentage of Cumulative Losses 14.3476 0.0000 16.4142 20.4835 6.8112 18.0432
Prepayment Penalty Waived Amount 0.00 0.00 0.00 0.00 0.00 0.00
Prepayment Penalty Waived Count 0 0 0 0 0 0
Prepayment Penalty Paid Amount 0.00 0.00 0.00 0.00 0.00 0.00
Prepayment Penalty Paid Count 0 0 0 0 0 0
Special Servicing Fee 0.00 0.00 0.00 0.00 0.00 0.00

Page 8
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Additional Reporting - Deal Level


Informational Reporting
Certificate LIBOR 0.262500%
SWAP LIBOR 0.262500%
Pool Factor 0.596306%
Defaulted Swap Termination Payment 0.00
Swap Termination Payment 0.00
Cumulative Loss Percentage 0.173891%
Advances as reported by Countrywide 0.00
Advances as reported by Saxon 0.00
Structural Reporting
Net Monthly Excess Cash Flow 2,368,483.99
Subordinated Amount 0.00
Subordination Deficiency Amount 52,732,816.55
Subordination Reduction Amount 0.00
Specified Subordinated Amount 52,732,816.55
Trigger Event Reporting
Stepdown Date NO
Delinquency Loss Trigger Event
Trigger Result Fail
Threshold Value 6.943202%
Calculated Value 61.239906%
Cumulative Loss Trigger Event
Trigger Result Fail
Threshold Value 3.550000%
Calculated Value 17.389123%
Trigger Event
Trigger Result N/A

Page 9
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Delinquency Status - OTS Delinquency Calculation Method


DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL
No. of Actual No. of Actual No. of Actual No. of Actual No. of Actual
Loans Balance Loans Balance Loans Balance Loans Balance Loans Balance
0-29 Days 17 3,654,297.76 0-29 Days 17 4,092,697.07 0-29 Days 0 0.00 0-29 Days 34 7,746,994.83
30 Days 115 20,593,619.11 30 Days 6 1,016,978.71 30 Days 3 817,940.58 30 Days 0 0.00 30 Days 124 22,428,538.40
60 Days 78 14,937,150.50 60 Days 5 1,144,312.72 60 Days 5 822,021.36 60 Days 1 172,345.80 60 Days 89 17,075,830.38
90 Days 46 8,924,602.59 90 Days 4 611,033.27 90 Days 11 2,106,682.79 90 Days 0 0.00 90 Days 61 11,642,318.65
120 Days 38 8,782,434.28 120 Days 6 1,035,802.36 120 Days 14 3,186,982.48 120 Days 2 359,743.86 120 Days 60 13,364,962.98
150 Days 52 11,370,886.91 150 Days 6 706,628.75 150 Days 27 6,210,937.16 150 Days 0 0.00 150 Days 85 18,288,452.82
180+ Days 659 122,392,478.00 180+ Days 141 27,931,915.02 180+ Days 645 167,214,756.94 180+ Days 158 35,116,474.20 180+ Days 1,603 352,655,624.16
988 187,001,171.39 185 36,100,968.59 722 184,452,018.38 161 35,648,563.86 2,056 443,202,722.22

No. of Actual No. of Actual No. of Actual No. of Actual No. of Actual
Loans Balance Loans Balance Loans Balance Loans Balance Loans Balance
0-29 Days 0.492326 % 0.515154 % 0-29 Days 0.492326 % 0.576956 % 0-29 Days 0.000000 % 0.000000 % 0-29 Days 0.984651 % 1.092109 %
30 Days 3.330437 % 2.903123 % 30 Days 0.173762 % 0.143365 % 30 Days 0.086881 % 0.115307 % 30 Days 0.000000 % 0.000000 % 30 Days 3.591080 % 3.161795 %
60 Days 2.258905 % 2.105720 % 60 Days 0.144802 % 0.161316 % 60 Days 0.144802 % 0.115882 % 60 Days 0.028960 % 0.024296 % 60 Days 2.577469 % 2.407213 %
90 Days 1.332175 % 1.258119 % 90 Days 0.115841 % 0.086139 % 90 Days 0.318564 % 0.296983 % 90 Days 0.000000 % 0.000000 % 90 Days 1.766580 % 1.641241 %
120 Days 1.100492 % 1.238077 % 120 Days 0.173762 % 0.146019 % 120 Days 0.405445 % 0.449275 % 120 Days 0.057921 % 0.050714 % 120 Days 1.737619 % 1.884085 %
150 Days 1.505937 % 1.602976 % 150 Days 0.173762 % 0.099615 % 150 Days 0.781929 % 0.875568 % 150 Days 0.000000 % 0.000000 % 150 Days 2.461628 % 2.578159 %
180+ Days 19.084854 % 17.253909 % 180+ Days 4.083406 % 3.937617 % 180+ Days 18.679409 % 23.572594 % 180+ Days 4.575731 % 4.950439 % 180+ Days46.423400 % 49.714558 %
28.612800 % 26.361923 % 5.357660 % 5.089225 % 20.909354 % 26.002564 % 4.662612 % 5.025448 % 59.542427 % 62.479160 %

Please refer to CTSLink.com for a list of delinquency code descriptions.

Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 3,023,351.23

Page 10
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Delinquency Status By Group
DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL
Loan Group I - OTS No of Actual No of Actual No of Actual No of Actual
No of Loans Actual Bal Loans Balance Loans Balance Loans Balance Loans Balance
0-29 Days 3 667,708.09 0-29 Days 1 280,338.52 0-29 Days 0 0.00 0-29 Days 4 948,046.61
30 Days 18 3,292,445.41 30 Days 2 301,473.63 30 Days 1 365,444.23 30 Days 0 0.00 30 Days 21 3,959,363.27
60 Days 8 1,260,901.85 60 Days 1 128,830.99 60 Days 0 0.00 60 Days 0 0.00 60 Days 9 1,389,732.84
90 Days 9 1,861,316.63 90 Days 1 67,129.98 90 Days 0 0.00 90 Days 0 0.00 90 Days 10 1,928,446.61
120 Days 7 1,539,797.96 120 Days 3 511,586.48 120 Days 1 215,353.19 120 Days 0 0.00 120 Days 11 2,266,737.63
150 Days 11 2,555,795.62 150 Days 0 0.00 150 Days 5 1,470,122.77 150 Days 0 0.00 150 Days 16 4,025,918.39
180+ Days 119 22,584,931.96 180+ Days 15 2,435,841.81 180+ Days 90 19,392,561.75 180+ Days 21 4,596,183.00 180+ Days 245 49,009,518.52
172 33,095,189.43 25 4,112,570.98 98 21,723,820.46 21 4,596,183.00 316 63,527,763.87
0-29 Days 0.584795% 0.649368% 0-29 Days 0.194932% 0.272638% 0-29 Days 0.000000% 0.000000% 0-29 Days 0.779727% 0.922006%
30 Days 3.508772% 3.202010% 30 Days 0.389864% 0.293193% 30 Days 0.194932% 0.355406% 30 Days 0.000000% 0.000000% 30 Days 4.093567% 3.850610%
60 Days 1.559454% 1.226268% 60 Days 0.194932% 0.125292% 60 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 60 Days 1.754386% 1.351560%
90 Days 1.754386% 1.810191% 90 Days 0.194932% 0.065286% 90 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 90 Days 1.949318% 1.875477%
120 Days 1.364522% 1.497504% 120 Days 0.584795% 0.497534% 120 Days 0.194932% 0.209438% 120 Days 0.000000% 0.000000% 120 Days 2.144250% 2.204476%
150 Days 2.144250% 2.485594% 150 Days 0.000000% 0.000000% 150 Days 0.974659% 1.429742% 150 Days 0.000000% 0.000000% 150 Days 3.118908% 3.915337%
180+ Days 23.196881% 21.964581% 180+ Days 2.923977% 2.368935% 180+ Days 17.543860% 18.859897% 180+ Days 4.093567% 4.469937% 180+ Days 47.758285% 47.663351%
33.528265% 32.186148% 4.873294% 3.999609% 19.103314% 21.127122% 4.093567% 4.469937% 61.598441% 61.782816%

DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL


Loan Group II - OTS No of Actual No of Actual No of Actual No of Actual
No of Loans Actual Bal Loans Balance Loans Balance Loans Balance Loans Balance
0-29 Days 14 2,986,589.67 0-29 Days 16 3,812,358.55 0-29 Days 0 0.00 0-29 Days 30 6,798,948.22
30 Days 97 17,301,173.70 30 Days 4 715,505.08 30 Days 2 452,496.35 30 Days 0 0.00 30 Days 103 18,469,175.13
60 Days 70 13,676,248.65 60 Days 4 1,015,481.73 60 Days 5 822,021.36 60 Days 1 172,345.80 60 Days 80 15,686,097.54
90 Days 37 7,063,285.96 90 Days 3 543,903.29 90 Days 11 2,106,682.79 90 Days 0 0.00 90 Days 51 9,713,872.04
120 Days 31 7,242,636.32 120 Days 3 524,215.88 120 Days 13 2,971,629.29 120 Days 2 359,743.86 120 Days 49 11,098,225.35
150 Days 41 8,815,091.29 150 Days 6 706,628.75 150 Days 22 4,740,814.39 150 Days 0 0.00 150 Days 69 14,262,534.43
180+ Days 540 99,807,546.04 180+ Days 126 25,496,073.21 180+ Days 555 147,822,195.19 180+ Days 137 30,520,291.20 180+ Days 1,358 303,646,105.64
816 153,905,981.96 160 31,988,397.61 624 162,728,197.92 140 31,052,380.86 1,740 379,674,958.35
0-29 Days 0.476190% 0.492401% 0-29 Days 0.544218% 0.628546% 0-29 Days 0.000000% 0.000000% 0-29 Days 1.020408% 1.120946%
30 Days 3.299320% 2.852454% 30 Days 0.136054% 0.117966% 30 Days 0.068027% 0.074603% 30 Days 0.000000% 0.000000% 30 Days 3.503401% 3.045023%
60 Days 2.380952% 2.254810% 60 Days 0.136054% 0.167423% 60 Days 0.170068% 0.135527% 60 Days 0.034014% 0.028415% 60 Days 2.721088% 2.586175%
90 Days 1.258503% 1.164528% 90 Days 0.102041% 0.089674% 90 Days 0.374150% 0.347330% 90 Days 0.000000% 0.000000% 90 Days 1.734694% 1.601531%
120 Days 1.054422% 1.194097% 120 Days 0.102041% 0.086428% 120 Days 0.442177% 0.489934% 120 Days 0.068027% 0.059311% 120 Days 1.666667% 1.829770%
150 Days 1.394558% 1.453349% 150 Days 0.204082% 0.116502% 150 Days 0.748299% 0.781621% 150 Days 0.000000% 0.000000% 150 Days 2.346939% 2.351472%
180+ Days 18.367347% 16.455322% 180+ Days 4.285714% 4.203551% 180+ Days 18.877551% 24.371523% 180+ Days 4.659864% 5.031896% 180+ Days 46.190476% 50.062293%
27.755102% 25.374560% 5.442177% 5.273944% 21.224490% 26.829083% 4.761905% 5.119622% 59.183673% 62.597209%

Please refer to CTSLink.com for a list of delinquency code descriptions.


Page 11
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Delinquency Status By Subgroup
DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL
Pool I(A) - OTS No of Actual No of Actual No of Actual No of Actual
No of Loans Actual Bal Loans Balance Loans Balance Loans Balance Loans Balance
0-29 Days 0 0.00 0-29 Days 0 0.00 0-29 Days 0 0.00 0-29 Days 0 0.00
30 Days 7 975,166.64 30 Days 0 0.00 30 Days 0 0.00 30 Days 0 0.00 30 Days 7 975,166.64
60 Days 3 420,548.75 60 Days 0 0.00 60 Days 0 0.00 60 Days 0 0.00 60 Days 3 420,548.75
90 Days 1 178,130.47 90 Days 0 0.00 90 Days 0 0.00 90 Days 0 0.00 90 Days 1 178,130.47
120 Days 2 259,345.69 120 Days 0 0.00 120 Days 0 0.00 120 Days 0 0.00 120 Days 2 259,345.69
150 Days 1 48,246.64 150 Days 0 0.00 150 Days 1 194,316.69 150 Days 0 0.00 150 Days 2 242,563.33
180+ Days 35 3,358,524.59 180+ Days 7 489,642.01 180+ Days 12 2,521,784.71 180+ Days 3 744,692.64 180+ Days 57 7,114,643.95
49 5,239,962.78 7 489,642.01 13 2,716,101.40 3 744,692.64 72 9,190,398.83
0-29 Days 0.000000% 0.000000% 0-29 Days 0.000000% 0.000000% 0-29 Days 0.000000% 0.000000% 0-29 Days 0.000000% 0.000000%
30 Days 5.384615% 5.945919% 30 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 30 Days 5.384615% 5.945919%
60 Days 2.307692% 2.564227% 60 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 60 Days 2.307692% 2.564227%
90 Days 0.769231% 1.086121% 90 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 90 Days 0.769231% 1.086121%
120 Days 1.538462% 1.581318% 120 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 120 Days 1.538462% 1.581318%
150 Days 0.769231% 0.294176% 150 Days 0.000000% 0.000000% 150 Days 0.769231% 1.184814% 150 Days 0.000000% 0.000000% 150 Days 1.538462% 1.478990%
180+ Days 26.923077% 20.478055% 180+ Days 5.384615% 2.985512% 180+ Days 9.230769% 15.376170% 180+ Days 2.307692% 4.540642% 180+ Days 43.846154% 43.380378%
37.692308% 31.949816% 5.384615% 2.985512% 10.000000% 16.560984% 2.307692% 4.540642% 55.384615% 56.036954%

DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL


Pool I(B) - OTS No of Actual No of Actual No of Actual No of Actual
No of Loans Actual Bal Loans Balance Loans Balance Loans Balance Loans Balance
0-29 Days 1 127,685.35 0-29 Days 0 0.00 0-29 Days 0 0.00 0-29 Days 1 127,685.35
30 Days 1 388,999.65 30 Days 0 0.00 30 Days 0 0.00 30 Days 0 0.00 30 Days 1 388,999.65
60 Days 0 0.00 60 Days 0 0.00 60 Days 0 0.00 60 Days 0 0.00 60 Days 0 0.00
90 Days 0 0.00 90 Days 0 0.00 90 Days 0 0.00 90 Days 0 0.00 90 Days 0 0.00
120 Days 0 0.00 120 Days 0 0.00 120 Days 0 0.00 120 Days 0 0.00 120 Days 0 0.00
150 Days 1 342,648.08 150 Days 0 0.00 150 Days 1 344,999.99 150 Days 0 0.00 150 Days 2 687,648.07
180+ Days 3 706,514.79 180+ Days 2 754,282.49 180+ Days 1 276,124.74 180+ Days 1 330,559.46 180+ Days 7 2,067,481.48
5 1,438,162.52 3 881,967.84 2 621,124.73 1 330,559.46 11 3,271,814.55
0-29 Days 3.703704% 1.746280% 0-29 Days 0.000000% 0.000000% 0-29 Days 0.000000% 0.000000% 0-29 Days 3.703704% 1.746280%
30 Days 3.703704% 5.320128% 30 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 30 Days 3.703704% 5.320128%
60 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000%
90 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000%
120 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000%
150 Days 3.703704% 4.686204% 150 Days 0.000000% 0.000000% 150 Days 3.703704% 4.718369% 150 Days 0.000000% 0.000000% 150 Days 7.407407% 9.404573%
180+ Days 11.111111% 9.662603% 180+ Days 7.407407% 10.315894% 180+ Days 3.703704% 3.776402% 180+ Days 3.703704% 4.520874% 180+ Days 25.925926% 28.275773%
18.518519% 19.668934% 11.111111% 12.062175% 7.407407% 8.494771% 3.703704% 4.520874% 40.740741% 44.746754%

Please refer to CTSLink.com for a list of delinquency code descriptions.


Page 12
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Delinquency Status By Subgroup
DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL
Pool I(C) - OTS No of Actual No of Actual No of Actual No of Actual
No of Loans Actual Bal Loans Balance Loans Balance Loans Balance Loans Balance
0-29 Days 2 540,022.74 0-29 Days 1 280,338.52 0-29 Days 0 0.00 0-29 Days 3 820,361.26
30 Days 10 1,928,279.12 30 Days 2 301,473.63 30 Days 1 365,444.23 30 Days 0 0.00 30 Days 13 2,595,196.98
60 Days 5 840,353.10 60 Days 1 128,830.99 60 Days 0 0.00 60 Days 0 0.00 60 Days 6 969,184.09
90 Days 8 1,683,186.16 90 Days 1 67,129.98 90 Days 0 0.00 90 Days 0 0.00 90 Days 9 1,750,316.14
120 Days 5 1,280,452.27 120 Days 3 511,586.48 120 Days 1 215,353.19 120 Days 0 0.00 120 Days 9 2,007,391.94
150 Days 9 2,164,900.90 150 Days 0 0.00 150 Days 3 930,806.09 150 Days 0 0.00 150 Days 12 3,095,706.99
180+ Days 81 18,519,892.58 180+ Days 6 1,191,917.31 180+ Days 77 16,594,652.30 180+ Days 17 3,520,930.90 180+ Days 181 39,827,393.09
118 26,417,064.13 15 2,740,961.13 83 18,386,594.33 17 3,520,930.90 233 51,065,550.49
0-29 Days 0.561798% 0.682606% 0-29 Days 0.280899% 0.354357% 0-29 Days 0.000000% 0.000000% 0-29 Days 0.842697% 1.036964%
30 Days 2.808989% 2.437408% 30 Days 0.561798% 0.381073% 30 Days 0.280899% 0.461933% 30 Days 0.000000% 0.000000% 30 Days 3.651685% 3.280414%
60 Days 1.404494% 1.062234% 60 Days 0.280899% 0.162847% 60 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 60 Days 1.685393% 1.225080%
90 Days 2.247191% 2.127602% 90 Days 0.280899% 0.084854% 90 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 90 Days 2.528090% 2.212457%
120 Days 1.404494% 1.618534% 120 Days 0.842697% 0.646662% 120 Days 0.280899% 0.272213% 120 Days 0.000000% 0.000000% 120 Days 2.528090% 2.537409%
150 Days 2.528090% 2.736506% 150 Days 0.000000% 0.000000% 150 Days 0.842697% 1.176569% 150 Days 0.000000% 0.000000% 150 Days 3.370787% 3.913075%
180+ Days 22.752809% 23.409751% 180+ Days 1.685393% 1.506623% 180+ Days 21.629213% 20.976184% 180+ Days 4.775281% 4.450572% 180+ Days 50.842697% 50.343130%
33.146067% 33.392035% 4.213483% 3.464665% 23.314607% 23.241258% 4.775281% 4.450572% 65.449438% 64.548529%

DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL


Pool II(A) - OTS No of Actual No of Actual No of Actual No of Actual
No of Loans Actual Bal Loans Balance Loans Balance Loans Balance Loans Balance
0-29 Days 6 1,065,237.09 0-29 Days 0 0.00 0-29 Days 0 0.00 0-29 Days 6 1,065,237.09
30 Days 21 2,459,594.22 30 Days 2 133,553.19 30 Days 0 0.00 30 Days 0 0.00 30 Days 23 2,593,147.41
60 Days 24 2,547,380.76 60 Days 0 0.00 60 Days 1 202,577.21 60 Days 0 0.00 60 Days 25 2,749,957.97
90 Days 10 1,429,933.40 90 Days 2 482,116.29 90 Days 2 126,746.84 90 Days 0 0.00 90 Days 14 2,038,796.53
120 Days 7 1,765,272.92 120 Days 1 223,538.82 120 Days 1 123,127.57 120 Days 1 153,375.99 120 Days 10 2,265,315.30
150 Days 16 2,019,709.42 150 Days 3 271,015.54 150 Days 3 612,261.12 150 Days 0 0.00 150 Days 22 2,902,986.08
180+ Days 252 23,182,966.93 180+ Days 41 5,556,464.41 180+ Days 46 9,724,114.72 180+ Days 19 3,688,088.70 180+ Days 358 42,151,634.76
330 33,404,857.65 55 7,731,925.34 53 10,788,827.46 20 3,841,464.69 458 55,767,075.14
0-29 Days 0.698487% 0.993315% 0-29 Days 0.000000% 0.000000% 0-29 Days 0.000000% 0.000000% 0-29 Days 0.698487% 0.993315%
30 Days 2.444703% 2.293530% 30 Days 0.232829% 0.124536% 30 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 30 Days 2.677532% 2.418066%
60 Days 2.793946% 2.375389% 60 Days 0.000000% 0.000000% 60 Days 0.116414% 0.188900% 60 Days 0.000000% 0.000000% 60 Days 2.910361% 2.564289%
90 Days 1.164144% 1.333389% 90 Days 0.232829% 0.449565% 90 Days 0.232829% 0.118189% 90 Days 0.000000% 0.000000% 90 Days 1.629802% 1.901143%
120 Days 0.814901% 1.646087% 120 Days 0.116414% 0.208446% 120 Days 0.116414% 0.114814% 120 Days 0.116414% 0.143021% 120 Days 1.164144% 2.112368%
150 Days 1.862631% 1.883345% 150 Days 0.349243% 0.252717% 150 Days 0.349243% 0.570923% 150 Days 0.000000% 0.000000% 150 Days 2.561118% 2.706985%
180+ Days 29.336438% 21.617723% 180+ Days 4.772992% 5.181309% 180+ Days 5.355064% 9.067572% 180+ Days 2.211874% 3.439080% 180+ Days 41.676368% 39.305683%
38.416764% 31.149462% 6.402794% 7.209889% 6.169965% 10.060398% 2.328289% 3.582101% 53.317811% 52.001850%

Please refer to CTSLink.com for a list of delinquency code descriptions.


Page 13
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Delinquency Status By Subgroup
DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL
Pool II(B) - OTS No of Actual No of Actual No of Actual No of Actual
No of Loans Actual Bal Loans Balance Loans Balance Loans Balance Loans Balance
0-29 Days 1 454,900.06 0-29 Days 0 0.00 0-29 Days 0 0.00 0-29 Days 1 454,900.06
30 Days 2 760,541.39 30 Days 0 0.00 30 Days 0 0.00 30 Days 0 0.00 30 Days 2 760,541.39
60 Days 0 0.00 60 Days 0 0.00 60 Days 0 0.00 60 Days 0 0.00 60 Days 0 0.00
90 Days 1 446,348.97 90 Days 0 0.00 90 Days 0 0.00 90 Days 0 0.00 90 Days 1 446,348.97
120 Days 0 0.00 120 Days 0 0.00 120 Days 0 0.00 120 Days 0 0.00 120 Days 0 0.00
150 Days 0 0.00 150 Days 0 0.00 150 Days 0 0.00 150 Days 0 0.00 150 Days 0 0.00
180+ Days 5 1,956,797.27 180+ Days 0 0.00 180+ Days 6 2,298,372.99 180+ Days 1 141,768.44 180+ Days 12 4,396,938.70
8 3,163,687.63 1 454,900.06 6 2,298,372.99 1 141,768.44 16 6,058,729.12
0-29 Days 2.325581% 2.764035% 0-29 Days 0.000000% 0.000000% 0-29 Days 0.000000% 0.000000% 0-29 Days 2.325581% 2.764035%
30 Days 4.651163% 4.621154% 30 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 30 Days 4.651163% 4.621154%
60 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 60 Days 0.000000% 0.000000%
90 Days 2.325581% 2.712078% 90 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 90 Days 2.325581% 2.712078%
120 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 120 Days 0.000000% 0.000000%
150 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 150 Days 0.000000% 0.000000%
180+ Days 11.627907% 11.889770% 180+ Days 0.000000% 0.000000% 180+ Days 13.953488% 13.965231% 180+ Days 2.325581% 0.861405% 180+ Days 27.906977% 26.716405%
18.604651% 19.223002% 2.325581% 2.764035% 13.953488% 13.965231% 2.325581% 0.861405% 37.209302% 36.813672%

DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL


Pool II(C) - OTS No of Actual No of Actual No of Actual No of Actual
No of Loans Actual Bal Loans Balance Loans Balance Loans Balance Loans Balance
0-29 Days 7 1,466,452.52 0-29 Days 16 3,812,358.55 0-29 Days 0 0.00 0-29 Days 23 5,278,811.07
30 Days 74 14,081,038.09 30 Days 2 581,951.89 30 Days 2 452,496.35 30 Days 0 0.00 30 Days 78 15,115,486.33
60 Days 46 11,128,867.89 60 Days 4 1,015,481.73 60 Days 4 619,444.15 60 Days 1 172,345.80 60 Days 55 12,936,139.57
90 Days 26 5,187,003.59 90 Days 1 61,787.00 90 Days 9 1,979,935.95 90 Days 0 0.00 90 Days 36 7,228,726.54
120 Days 24 5,477,363.40 120 Days 2 300,677.06 120 Days 12 2,848,501.72 120 Days 1 206,367.87 120 Days 39 8,832,910.05
150 Days 25 6,795,381.87 150 Days 3 435,613.21 150 Days 19 4,128,553.27 150 Days 0 0.00 150 Days 47 11,359,548.35
180+ Days 283 74,667,781.84 180+ Days 85 19,939,608.80 180+ Days 503 135,799,707.48 180+ Days 117 26,690,434.06 180+ Days 988 257,097,532.18
478 117,337,436.68 104 23,801,572.21 565 149,640,997.47 119 27,069,147.73 1,266 317,849,154.09
0-29 Days 0.343474% 0.303715% 0-29 Days 0.785083% 0.789573% 0-29 Days 0.000000% 0.000000% 0-29 Days 1.128557% 1.093288%
30 Days 3.631011% 2.916306% 30 Days 0.098135% 0.120527% 30 Days 0.098135% 0.093716% 30 Days 0.000000% 0.000000% 30 Days 3.827282% 3.130549%
60 Days 2.257115% 2.304886% 60 Days 0.196271% 0.210315% 60 Days 0.196271% 0.128292% 60 Days 0.049068% 0.035694% 60 Days 2.698724% 2.679187%
90 Days 1.275761% 1.074274% 90 Days 0.049068% 0.012797% 90 Days 0.441609% 0.410062% 90 Days 0.000000% 0.000000% 90 Days 1.766438% 1.497132%
120 Days 1.177625% 1.134410% 120 Days 0.098135% 0.062273% 120 Days 0.588813% 0.589950% 120 Days 0.049068% 0.042741% 120 Days 1.913641% 1.829373%
150 Days 1.226693% 1.407383% 150 Days 0.147203% 0.090219% 150 Days 0.932287% 0.855059% 150 Days 0.000000% 0.000000% 150 Days 2.306183% 2.352662%
180+ Days 13.886163% 15.464349% 180+ Days 4.170756% 4.129667% 180+ Days 24.681060% 28.125305% 180+ Days 5.740922% 5.527822% 180+ Days 48.478901% 53.247143%
23.454367% 24.301607% 5.103042% 4.929513% 27.723258% 30.991957% 5.839058% 5.606257% 62.119725% 65.829334%

Please refer to CTSLink.com for a list of delinquency code descriptions.


Page 14
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

180+ Delinquency Summary

Summary Loan Group I Loan Group II


Number Outstanding Percentage Number Outstanding Percentage Number Outstanding Percentage
Days Of Actual Of Of Actual Of Of Actual Of
Delinquent Loans Balance($) Balance(%) Loans Balance($) Balance(%) Loans Balance($) Balance(%)

180 - 209 87 19,170,889.72 2.703 11 2,760,094.28 2.684 76 16,410,795.44 2.706


210 - 239 79 15,655,890.44 2.207 9 1,801,883.78 1.752 70 13,854,006.66 2.284
240 - 269 63 13,588,940.98 1.916 9 1,831,898.30 1.782 54 11,757,042.68 1.938
270 - 299 83 18,201,905.14 2.566 12 2,226,874.39 2.166 71 15,975,030.75 2.634
300 - 329 77 18,972,036.02 2.675 8 2,505,396.00 2.437 69 16,466,640.02 2.715
330 - 359 69 14,169,195.52 1.997 9 1,532,358.45 1.490 60 12,636,837.07 2.083
360 - 389 84 19,357,976.84 2.729 11 2,964,667.09 2.883 73 16,393,309.75 2.703
390 - 419 79 16,380,078.28 2.309 14 2,061,351.25 2.005 65 14,318,727.03 2.361
420 - 449 72 15,921,458.25 2.244 8 1,346,500.05 1.310 64 14,574,958.20 2.403
450 - 479 67 15,359,425.82 2.165 12 3,109,643.90 3.024 55 12,249,781.92 2.020
480 - 509 65 14,327,346.15 2.020 12 1,956,205.89 1.902 53 12,371,140.26 2.040
510 - 539 58 11,708,800.73 1.651 10 2,868,864.38 2.790 48 8,839,936.35 1.457
540 - 569 66 15,001,417.44 2.115 12 2,071,536.89 2.015 54 12,929,880.55 2.132
570 - 599 63 10,629,622.51 1.498 9 917,102.28 0.892 54 9,712,520.23 1.601
600 - 629 63 12,897,975.97 1.818 11 1,822,642.39 1.773 52 11,075,333.58 1.826
630 - 659 47 11,232,135.52 1.583 8 1,674,039.70 1.628 39 9,558,095.82 1.576
660 - 689 61 12,445,796.30 1.755 9 1,488,961.51 1.448 52 10,956,834.79 1.806
690 - 719 49 9,878,891.87 1.393 6 1,532,499.02 1.490 43 8,346,392.85 1.376
720 - 749 49 12,303,054.91 1.734 10 1,846,189.00 1.795 39 10,456,865.91 1.724
750 - 779 40 9,375,577.61 1.322 5 680,087.73 0.661 35 8,695,489.88 1.434
780 - 809 44 8,940,052.04 1.260 4 720,848.82 0.701 40 8,219,203.22 1.355
810 - 839 36 7,450,993.77 1.050 6 1,469,821.73 1.429 30 5,981,172.04 0.986
840 - 869 27 6,941,719.58 0.979 7 1,760,437.98 1.712 20 5,181,281.60 0.854
870 - 899 35 7,845,511.86 1.106 8 2,016,126.65 1.961 27 5,829,385.21 0.961
900 - 929 27 7,322,257.88 1.032 7 1,406,154.54 1.368 20 5,916,103.34 0.975
930 - 959 18 3,237,439.11 0.456 3 370,325.39 0.360 15 2,867,113.72 0.473
960 - 989 20 4,850,165.79 0.684 8 1,392,824.21 1.355 12 3,457,341.58 0.570
990 - 1019 15 3,659,495.42 0.516 1 153,753.10 0.150 14 3,505,742.32 0.578
1020 - 1049 19 4,101,205.42 0.578 4 296,256.05 0.288 15 3,804,949.37 0.627
1050 - 1079 14 3,785,298.66 0.534 0 0.00 0.000 14 3,785,298.66 0.624
1080 - 1109 15 4,359,187.21 0.615 2 424,173.77 0.413 13 3,935,013.44 0.649
1110 - 1139 8 2,713,942.71 0.383 0 0.00 0.000 8 2,713,942.71 0.447
1140 - 1169 3 314,887.60 0.044 0 0.00 0.000 3 314,887.60 0.052
1170 - 1199 1 555,051.09 0.078 0 0.00 0.000 1 555,051.09 0.092
Total 1,603 352,655,624.16 49.715 245 49,009,518.52 47.664 1,358 303,646,105.64 50.062
This report includes all loans greater than 180 days delinquent regardless of status (REO, Foreclosure, Bankruptcy)

Page 15
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

REO Detail - All Mortgage Loans in REO during Current Period

Summary 12 Month REO History

New REO Loans


Loans in REO 39 6.00%

Original Principal Balance 8,198,306.00 5.00%

Current Actual Balance 8,108,000.26 4.00%

3.00%

Current REO Total 2.00%

Loans in REO 161 1.00%

Original Principal Balance 35,909,245.00 0.00%

09

10

0
9

09

09
9

0
0

0
Current Actual Balance 35,648,563.86

l-0

-0

-0

-1

-1
-0

-1
n-

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Fe
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M
N

D
Loan Group I 12 Month REO History

New REO Loans


Loans in REO 2 7.00%

Original Principal Balance 336,000.00 6.00%

5.00%
Current Actual Balance 333,209.09
4.00%

3.00%

Current REO Total 2.00%

Loans in REO 21 1.00%

Original Principal Balance 4,605,525.00 0.00%

09

10

0
9

09

09

9
9

0
10

0
Current Actual Balance 4,596,183.00

l-0

-0

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r-1

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Loan Group II 12 Month REO History

New REO Loans


Loans in REO 37 6.00%

Original Principal Balance 7,862,306.00 5.00%

Current Actual Balance 7,774,791.17 4.00%

3.00%

Current REO Total 2.00%

Loans in REO 140 1.00%

Original Principal Balance 31,303,720.00 0.00%


09

10

0
9

09

09

9
9

0
10

0
Current Actual Balance 31,052,380.86
l-0

-0

-0

r-1

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Page 16
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

REO Loan Detail - All Mortgage Loans in REO during Current Period

First Original Current Approximate


Loan Month Loan Payment LTV at Principal Actual Months Current Delinquent
Group Number Entered REO Date State Origination Balance Balance Paid To Date Delinquent Loan Rate Interest
Loan Group I 0011628406 Apr-2010 01-Nov-2006 FL 95.00 227,050.00 226,782.20 01-Nov-2007 28 8.970% 47,988.90
Loan Group I 0011710253 Mar-2010 01-Dec-2006 NC 79.97 118,000.00 117,321.66 01-May-2008 22 8.095% 17,752.43
Loan Group I 0011722546 Mar-2010 01-Jan-2007 CA 80.00 360,000.00 358,692.45 01-Dec-2007 27 6.125% 52,368.13
Loan Group I 0011728065 Feb-2010 01-Dec-2006 NJ 87.00 182,700.00 182,114.49 01-Aug-2007 31 8.400% 39,807.65
Loan Group I 0011734112 Aug-2009 01-Jan-2007 TX 95.00 80,750.00 79,798.79 01-Jul-2008 20 10.095% 13,955.69
Loan Group I 0011736879 May-2010 01-Jan-2007 TX 80.00 140,000.00 138,403.10 01-Jan-2008 26 6.990% 20,691.47
Loan Group I 0011745408 Jan-2010 01-Feb-2007 CA 85.00 335,750.00 330,559.46 01-Jun-2008 21 6.700% 38,845.17
Loan Group I 0011746427 May-2010 01-Jan-2007 NY 79.67 196,000.00 194,805.99 01-Jul-2007 32 7.245% 36,689.59
Loan Group I 0011747193 Apr-2010 01-Jan-2007 CA 75.00 243,750.00 243,027.36 01-Feb-2009 13 8.495% 24,265.54
Loan Group I 0011749197 Jul-2008 01-Jan-2007 DC 75.00 363,750.00 363,262.18 01-Mar-2007 36 9.990% 105,323.22
Loan Group I 0011752778 Feb-2010 01-Jan-2007 CT 80.00 86,400.00 86,188.80 01-Mar-2009 12 9.475% 9,135.51
Loan Group I 0011755650 Apr-2010 01-Jan-2007 IL 80.00 52,800.00 52,252.30 01-May-2008 22 8.750% 8,623.00
Loan Group I 0011760028 Apr-2010 01-Jan-2007 AZ 85.00 180,200.00 179,941.29 01-Mar-2008 24 8.850% 32,766.65
Loan Group I 0011769260 Feb-2010 01-Jan-2007 TX 80.00 115,925.00 128,418.84 01-Jun-2008 21 8.120% 18,593.53
Loan Group I 0011770087 Feb-2010 01-Jan-2007 FL 80.00 192,000.00 190,336.76 01-Feb-2009 13 9.750% 22,632.79
Loan Group I 0011770098 Jul-2009 01-Feb-2007 IL 85.00 242,250.00 241,820.41 01-Oct-2007 29 9.375% 55,258.08
Loan Group I 0011770185 Jan-2010 01-Feb-2007 CA 90.00 402,300.00 401,025.04 01-Apr-2008 23 6.725% 51,863.53
Loan Group I 0011771503 Apr-2010 01-Feb-2007 MI 90.00 303,300.00 302,187.17 01-Dec-2008 15 8.000% 32,070.92
Loan Group I 0011774875 Jul-2009 01-Jan-2007 MD 80.00 284,000.00 281,927.22 01-Apr-2008 23 6.500% 38,208.58
Loan Group I 0011777831 Nov-2009 01-Jan-2007 FL 90.00 210,600.00 209,629.64 01-Jul-2007 32 8.750% 49,918.57
Loan Group I 0011792901 Jan-2010 01-Feb-2007 FL 90.00 288,000.00 287,687.85 01-Sep-2007 30 9.170% 68,830.21
Loan Group II 0011672620 Feb-2010 01-Dec-2006 FL 85.00 158,164.00 156,223.69 01-Sep-2008 18 9.495% 24,333.15
Loan Group II 0011685305 Apr-2010 01-Nov-2006 LA 80.00 88,000.00 86,987.87 01-May-2008 22 9.020% 16,226.62
Loan Group II 0011699392 Jan-2010 01-Dec-2006 CA 80.00 506,800.00 506,149.12 01-Mar-2008 24 9.320% 103,867.03
Loan Group II 0011701515 Sep-2009 01-Nov-2006 NY 80.00 376,000.00 375,304.17 01-Apr-2007 35 7.800% 87,526.40
Loan Group II 0011706295 May-2010 01-Jan-2007 CA 87.93 637,500.00 636,947.33 01-May-2007 34 9.750% 178,942.61
Loan Group II 0011722016 Oct-2009 01-Jan-2007 WA 95.00 246,050.00 245,849.55 01-Jun-2007 33 10.570% 72,018.19
Loan Group II 0011722316 Mar-2010 01-Jan-2007 PA 95.00 180,500.00 180,477.60 01-Mar-2007 36 10.850% 57,543.40
Loan Group II 0011725417 Feb-2010 01-Jan-2007 AZ 70.00 188,650.00 185,950.26 01-Oct-2008 17 9.125% 27,860.13
Loan Group II 0011730014 Nov-2009 01-Dec-2006 MO 80.00 148,000.00 144,960.21 01-Feb-2009 13 9.820% 16,831.10
Loan Group II 0011733288 Apr-2010 01-Jan-2007 AZ 80.00 82,400.00 81,939.77 01-Sep-2008 18 8.500% 11,623.59
Loan Group II 0011738031 Jan-2009 01-Feb-2007 CA 80.00 320,000.00 319,346.23 01-Feb-2008 25 7.520% 51,300.70
Loan Group II 0011738128 Apr-2010 01-Jan-2007 CA 80.00 268,000.00 265,663.04 01-Jun-2008 21 6.850% 34,235.88
Loan Group II 0011738399 Apr-2010 01-Jan-2007 TX 80.00 130,400.00 129,225.88 01-Jun-2008 21 9.750% 22,765.26
Loan Group II 0011745454 May-2010 01-Jan-2007 CA 80.00 238,400.00 237,258.21 01-Feb-2008 25 8.250% 43,339.67
Loan Group II 0011745622 Feb-2010 01-Dec-2006 MD 80.00 264,000.00 262,287.76 01-Sep-2007 30 8.320% 56,861.59
Loan Group II 0011746214 Apr-2010 01-Jan-2007 FL 80.00 156,000.00 155,394.28 01-Dec-2007 27 7.700% 28,749.64
Loan Group II 0011747746 Mar-2010 01-Jan-2007 CA 80.00 268,000.00 266,877.15 01-Feb-2008 25 8.875% 52,160.91
Loan Group II 0011748697 Apr-2010 01-Jan-2007 CA 80.00 184,000.00 183,620.51 01-Feb-2008 25 8.125% 33,558.57
Loan Group II 0011751028 Mar-2010 01-Jan-2007 AZ 80.00 231,990.00 243,448.94 01-May-2009 10 7.000% 14,987.28

Page 17
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

REO Loan Detail - All Mortgage Loans in REO during Current Period

First Original Current Approximate


Loan Month Loan Payment LTV at Principal Actual Months Current Delinquent
Group Number Entered REO Date State Origination Balance Balance Paid To Date Delinquent Loan Rate Interest
Loan Group II 0011755634 Jul-2009 01-Jan-2007 NY 80.00 448,000.00 447,477.79 01-Apr-2007 35 7.975% 107,682.38
Loan Group II 0011755726 Apr-2010 01-Feb-2007 NY 80.00 445,200.00 444,427.73 01-Jun-2007 33 7.375% 88,552.19
Loan Group II 0011760158 Dec-2009 01-Feb-2007 CA 80.00 239,960.00 238,839.67 01-Dec-2008 15 6.900% 24,551.77
Loan Group II 0011761837 Feb-2010 01-Feb-2007 FL 80.00 212,000.00 210,552.47 01-Nov-2008 16 7.970% 24,514.67
Loan Group II 0011763909 Mar-2010 01-Jan-2007 FL 80.00 260,800.00 260,272.57 01-Mar-2007 36 8.010% 62,102.73
Loan Group II 0011765637 Sep-2009 01-Jan-2007 NJ 80.00 372,000.00 370,784.26 01-Nov-2007 28 7.990% 74,240.65
Loan Group II 0011767765 May-2010 01-Feb-2007 FL 90.00 270,000.00 266,781.77 01-May-2008 22 8.195% 42,849.01
Loan Group II 0011768965 Mar-2010 01-Jan-2007 LA 87.27 144,000.00 141,768.44 01-Dec-2008 15 8.595% 16,161.32
Loan Group II 0011770217 May-2010 01-Feb-2007 FL 80.00 112,000.00 111,440.62 01-Apr-2009 11 7.125% 8,168.92
Loan Group II 0011770936 Feb-2010 01-Jan-2007 CA 80.00 312,000.00 312,000.00 01-Apr-2009 11 6.600% 20,618.00
Loan Group II 0011774109 Apr-2010 01-Jan-2007 MD 80.00 257,920.00 256,529.97 01-Sep-2008 18 8.625% 39,793.64
Loan Group II 0011774218 May-2010 01-Feb-2007 FL 80.00 185,520.00 184,446.45 01-Oct-2008 17 8.375% 23,888.71
Loan Group II 0011775534 Apr-2010 01-Feb-2007 MA 80.00 151,920.00 151,437.66 01-Mar-2009 12 9.275% 15,544.28
Loan Group II 0011777684 May-2010 01-Jan-2007 FL 80.00 408,000.00 406,146.47 01-Jun-2008 21 6.250% 50,732.55
Loan Group II 0011780898 Apr-2010 01-Jan-2007 CA 80.00 460,000.00 458,773.94 01-Aug-2008 19 8.035% 64,845.57
Loan Group II 0011781855 Feb-2010 01-Jan-2007 NY 80.00 432,000.00 430,824.27 01-Jul-2007 32 6.990% 78,665.93
Loan Group II 0011782114 Jul-2009 01-Feb-2007 MD 80.00 210,400.00 209,992.32 01-Apr-2008 23 8.060% 33,743.31
Loan Group II 0011783102 Jan-2010 01-Feb-2007 CA 80.00 243,960.00 243,009.09 01-Dec-2008 15 7.660% 26,056.69
Loan Group II 0011790348 Oct-2009 01-Feb-2007 MN 80.00 215,600.00 212,915.35 01-Nov-2008 16 9.220% 27,752.02
Loan Group II 0011791392 Jun-2009 01-Feb-2007 NY 90.00 517,500.00 517,238.88 01-May-2007 34 8.025% 116,483.45
Loan Group II 0011793955 May-2010 01-Feb-2007 NH 80.00 177,236.00 175,881.51 01-Aug-2008 19 8.500% 25,412.91
Loan Group II 0011795534 Nov-2009 01-Feb-2007 MD 85.00 118,150.00 116,550.99 01-Jun-2008 21 7.545% 16,861.71
Loan Group II 0011798712 Jan-2010 01-Feb-2007 CA 80.00 240,000.00 239,165.89 01-Dec-2007 27 8.175% 44,294.35
Loan Group II 0011800149 Nov-2009 01-Feb-2007 NY 80.00 512,000.00 511,857.58 01-Mar-2007 36 7.750% 118,580.54
Loan Group II 0011802599 Feb-2010 01-Feb-2007 IL 80.00 76,800.00 75,626.43 01-Sep-2008 18 7.660% 9,063.60
Loan Group II 0011805301 Feb-2010 01-Feb-2007 CA 80.00 420,000.00 416,202.65 01-Mar-2008 24 7.055% 60,390.82
Loan Group II 0073954313 Oct-2009 10-Dec-2006 NC 77.27 68,000.00 67,373.28 10-Feb-2008 25 9.870% 14,561.02
Loan Group II 2000254880 Apr-2010 05-Jan-2007 MS 80.00 289,800.00 283,270.87 05-Jan-2009 14 8.000% 29,603.38
Loan Group II 2000254914 Apr-2010 01-Feb-2007 MD 90.00 639,000.00 638,981.14 01-Jul-2008 20 5.340% 63,408.34
Loan Group II 2000254917 Oct-2009 06-Jan-2007 NC 90.00 148,950.00 147,776.68 06-Dec-2008 15 7.875% 17,875.18
Loan Group II 2000254956 May-2010 14-Jan-2007 NC 80.00 63,600.00 61,933.37 14-Apr-2009 11 8.640% 6,064.03
Loan Group II 2000255046 Feb-2010 28-Jan-2007 TN 80.00 256,000.00 252,922.35 28-Feb-2008 25 6.990% 36,513.78
Loan Group II 2000255088 Mar-2010 01-Feb-2007 OH 80.00 130,660.00 128,607.42 01-Dec-2008 15 8.290% 15,510.54
Loan Group II 2000255089 Sep-2008 01-Feb-2007 MA 80.00 230,400.00 229,047.95 01-Sep-2007 30 7.670% 45,718.48
Loan Group II 2000255161 Dec-2009 01-Feb-2007 DE 90.00 149,310.00 147,488.24 01-Jul-2008 20 8.880% 24,157.32
Loan Group II 2000255171 Mar-2010 01-Feb-2007 NY 80.00 399,200.00 399,200.00 01-Oct-2007 29 7.990% 81,766.30
Loan Group II 2000255224 May-2010 12-Jan-2007 IL 75.00 105,000.00 103,987.99 12-Jul-2008 20 9.890% 17,842.62
Loan Group II 2000255255 Mar-2010 06-Feb-2007 OH 80.00 104,000.00 102,440.50 06-Jul-2008 20 7.440% 14,012.39
Loan Group II 2000255316 Dec-2009 01-Feb-2007 FL 80.00 146,400.00 145,411.04 01-Oct-2007 29 7.570% 27,810.30
Loan Group II 2000255342 Feb-2010 01-Feb-2007 FL 80.00 307,600.00 305,108.16 01-Sep-2008 18 6.990% 36,338.84

Page 18
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

REO Loan Detail - All Mortgage Loans in REO during Current Period

First Original Current Approximate


Loan Month Loan Payment LTV at Principal Actual Months Current Delinquent
Group Number Entered REO Date State Origination Balance Balance Paid To Date Delinquent Loan Rate Interest
Loan Group II 2000255365 Apr-2010 20-Jan-2007 TN 80.00 260,000.00 258,524.49 20-Sep-2008 18 8.470% 38,547.16
Loan Group II 2000255377 Dec-2009 01-Feb-2007 IL 82.01 438,750.00 432,961.55 01-Jul-2008 20 7.840% 58,923.42
Loan Group II 2000255426 Jul-2009 01-Feb-2007 IL 80.00 184,000.00 184,000.00 01-Jan-2008 26 7.440% 31,286.04
Loan Group II 2000255453 Dec-2009 01-Feb-2007 MO 90.00 99,000.00 98,645.80 01-Aug-2007 31 9.590% 24,466.19
Loan Group II 2000255470 Nov-2009 01-Jan-2007 IL 80.00 119,120.00 117,002.25 01-Sep-2008 18 7.250% 14,777.98
Loan Group II 2000255581 Feb-2010 01-Feb-2007 IL 90.00 189,000.00 188,285.75 01-Feb-2008 25 8.090% 33,971.85
Loan Group II 2000255594 Oct-2009 01-Feb-2007 MO 77.71 122,000.00 119,671.09 01-Mar-2009 12 7.970% 11,307.23
Loan Group II 2000255634 May-2010 01-Jan-2007 NH 80.00 122,400.00 118,930.74 01-Jul-2009 8 1.500% 980.09
Loan Group II 2000255644 Oct-2009 20-Jan-2007 CT 80.00 204,000.00 201,466.56 20-May-2008 22 7.840% 29,320.26
Loan Group II 2000255714 Oct-2009 01-Jan-2007 MD 85.00 297,500.00 297,500.00 01-Dec-2008 15 7.490% 34,170.34
Loan Group II 2000255850 May-2010 01-Feb-2007 FL 84.62 165,000.00 163,889.51 01-Aug-2008 19 7.640% 22,227.16
Loan Group II 2000255895 Dec-2009 01-Jan-2007 NV 85.00 242,250.00 241,736.22 01-Oct-2007 29 9.140% 57,362.73
Loan Group II 2000255965 May-2010 01-Feb-2007 AZ 90.00 202,500.00 200,393.67 01-Apr-2009 11 7.090% 15,580.10
Loan Group II 2000255980 May-2010 01-Feb-2007 AZ 85.00 255,000.00 252,620.68 01-Mar-2009 12 7.490% 20,547.80
Loan Group II 2000256007 Feb-2009 01-Jan-2007 MI 90.00 194,400.00 193,252.60 01-Jul-2008 20 8.500% 31,099.50
Loan Group II 2000256028 May-2010 01-Jan-2007 WI 80.00 200,000.00 198,485.13 01-Oct-2007 29 7.625% 38,849.02
Loan Group II 2000256035 Nov-2009 01-Feb-2007 MN 80.00 220,000.00 216,273.03 01-Jul-2008 20 6.640% 26,487.38
Loan Group II 2000256062 May-2010 01-Feb-2007 MN 80.00 292,000.00 292,000.00 01-Jul-2008 20 8.240% 45,113.94
Loan Group II 2000256080 Jan-2010 01-Feb-2007 MN 90.00 148,500.00 146,300.44 01-Dec-2008 15 8.590% 16,668.36
Loan Group II 2000256309 May-2010 01-Feb-2007 NJ 80.00 328,000.00 328,000.00 01-Jan-2008 26 7.790% 59,761.56
Loan Group II 2000280761 Jul-2009 09-Feb-2007 VA 80.00 421,200.00 411,371.05 01-Sep-2008 18 5.790% 35,166.39
Loan Group II 2000280853 Feb-2010 28-Jan-2007 TN 80.00 100,000.00 99,013.56 28-Apr-2008 23 8.680% 16,743.97
Loan Group II 2000280910 May-2010 01-Feb-2007 NC 90.00 79,200.00 77,747.69 01-Mar-2009 12 8.890% 8,234.57
Loan Group II 2000280916 May-2010 08-Feb-2007 TN 81.03 235,000.00 229,917.86 08-Feb-2009 13 7.090% 18,828.46
Loan Group II 2000280977 May-2010 01-Mar-2007 GA 80.00 156,800.00 153,375.99 01-Nov-2009 4 8.640% 6,230.39
Loan Group II 2000281024 May-2010 26-Feb-2007 SC 80.31 157,400.00 155,144.04 26-Sep-2008 18 7.990% 21,002.02
Loan Group II 2000281026 Dec-2009 25-Feb-2007 GA 90.00 234,000.00 229,207.84 25-Feb-2009 13 7.875% 19,905.97
Loan Group II 2000281053 May-2010 05-Mar-2007 MS 90.00 387,000.00 386,781.45 05-Mar-2007 36 8.840% 100,163.79
Loan Group II 2000281071 May-2010 01-Mar-2007 MI 80.00 220,000.00 206,367.87 01-Nov-2009 4 6.140% 5,800.99
Loan Group II 2000281073 Jul-2009 01-Feb-2007 MI 80.00 223,920.00 221,411.21 01-Oct-2008 17 6.500% 20,832.31
Loan Group II 2000281099 Apr-2010 04-Feb-2007 PA 80.00 201,600.00 195,830.70 04-Jun-2009 9 6.730% 11,135.64
Loan Group II 2000281111 May-2010 01-Mar-2007 FL 80.00 176,000.00 174,520.37 01-Sep-2008 18 6.890% 19,367.59
Loan Group II 2000281133 Mar-2010 01-Feb-2007 DE 80.00 188,000.00 186,741.23 01-Aug-2007 31 6.290% 31,245.55
Loan Group II 2000281150 Feb-2010 09-Feb-2007 PA 85.00 140,250.00 139,227.52 09-Dec-2007 27 8.230% 27,349.76
Loan Group II 2000281153 May-2010 01-Feb-2007 MD 80.00 224,800.00 224,740.31 01-Jan-2009 14 6.340% 20,106.84
Loan Group II 2000281211 May-2010 01-Mar-2007 PA 82.35 126,000.00 125,108.59 01-Mar-2008 24 9.240% 23,509.19
Loan Group II 2000281222 Mar-2010 01-Mar-2007 PA 80.00 127,920.00 126,742.06 01-Jul-2008 20 9.340% 20,668.97
Loan Group II 2000281254 Feb-2010 01-Feb-2007 OH 80.00 86,800.00 86,153.39 01-Jan-2009 14 7.990% 8,581.23
Loan Group II 2000281274 Mar-2010 01-Mar-2007 OH 90.00 96,300.00 95,708.30 01-Feb-2008 25 9.620% 19,506.84
Loan Group II 2000281305 May-2010 02-Mar-2007 FL 90.00 146,700.00 145,149.37 02-May-2008 22 7.990% 22,267.66

Page 19
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

REO Loan Detail - All Mortgage Loans in REO during Current Period

First Original Current Approximate


Loan Month Loan Payment LTV at Principal Actual Months Current Delinquent
Group Number Entered REO Date State Origination Balance Balance Paid To Date Delinquent Loan Rate Interest
Loan Group II 2000281334 Dec-2009 10-Feb-2007 FL 90.00 236,700.00 236,512.32 10-May-2007 34 9.290% 64,133.96
Loan Group II 2000281342 Apr-2010 16-Feb-2007 FL 50.86 208,000.00 203,262.40 16-Nov-2008 16 7.240% 22,723.86
Loan Group II 2000281347 May-2010 18-Feb-2007 FL 90.00 218,700.00 218,235.04 18-Oct-2007 29 8.760% 48,856.87
Loan Group II 2000281382 Apr-2010 10-Feb-2007 FL 80.00 224,000.00 221,358.60 10-Apr-2008 23 7.430% 34,067.06
Loan Group II 2000281388 Apr-2010 01-Mar-2007 FL 70.00 163,100.00 161,876.85 01-Feb-2008 25 8.540% 29,720.42
Loan Group II 2000281394 May-2010 01-Mar-2007 FL 68.82 192,000.00 183,119.74 01-Jul-2009 8 7.800% 11,065.61
Loan Group II 2000281437 May-2010 01-Mar-2007 IL 90.00 180,000.00 176,324.88 01-Sep-2009 6 9.490% 10,542.63
Loan Group II 2000281459 May-2010 01-Feb-2007 IL 75.00 153,150.00 149,859.45 01-Jun-2009 9 8.070% 10,398.96
Loan Group II 2000281468 Jan-2010 01-Mar-2007 WI 80.00 283,200.00 277,719.78 01-Nov-2008 16 6.690% 26,776.37
Loan Group II 2000281509 Feb-2010 01-Mar-2007 IL 67.86 95,000.00 93,672.13 01-Dec-2008 15 8.640% 10,742.25
Loan Group II 2000281513 Apr-2010 01-Feb-2007 IL 80.00 324,000.00 316,192.47 01-Jan-2009 14 6.590% 25,486.12
Loan Group II 2000281539 Jan-2010 01-Mar-2007 IL 90.00 131,400.00 129,566.55 01-Oct-2008 17 8.690% 16,693.50
Loan Group II 2000281628 Feb-2010 01-Mar-2007 IL 80.00 160,000.00 159,018.52 01-Sep-2008 18 7.790% 19,254.62
Loan Group II 2000281638 Feb-2010 28-Jan-2007 ME 80.00 118,400.00 116,524.15 28-May-2008 22 6.570% 15,985.08
Loan Group II 2000281776 Dec-2009 01-Feb-2007 MD 80.00 264,800.00 264,800.00 01-Sep-2008 18 7.990% 35,068.46
Loan Group II 2000281803 Feb-2010 18-Feb-2007 MD 90.00 278,100.00 277,441.75 18-Oct-2007 29 8.390% 58,371.80
Loan Group II 2000281811 Nov-2009 01-Mar-2007 MD 80.00 70,400.00 69,535.47 01-Dec-2008 15 9.290% 8,624.04
Loan Group II 2000281945 Feb-2010 01-Mar-2007 OR 70.00 185,500.00 184,155.65 01-Sep-2008 18 7.190% 21,569.65
Loan Group II 2000281994 Jan-2010 01-Mar-2007 WA 80.00 197,600.00 192,898.28 01-Feb-2009 13 6.340% 14,890.79
Loan Group II 2000282026 May-2010 01-Feb-2007 FL 80.00 144,000.00 143,226.59 01-Aug-2008 19 8.840% 22,334.61
Loan Group II 2000282031 May-2010 11-Feb-2007 FL 90.00 202,500.00 201,730.04 11-Mar-2008 24 8.340% 34,147.80
Loan Group II 2000282045 Apr-2010 01-Feb-2007 FL 80.00 172,720.00 172,720.00 01-Jan-2008 26 7.590% 28,573.44
Loan Group II 2000282059 Feb-2010 23-Feb-2007 FL 79.44 197,000.00 195,565.33 23-Dec-2008 15 8.170% 23,321.95
Loan Group II 2000282094 Mar-2010 01-Feb-2007 AZ 80.00 233,600.00 233,600.00 01-Jan-2009 14 8.600% 28,207.26
Loan Group II 2000282155 Mar-2010 01-Feb-2007 AZ 80.00 199,200.00 195,674.70 01-Jan-2009 14 8.625% 22,070.27
Loan Group II 2000282271 Aug-2009 01-Feb-2007 MN 90.00 198,000.00 192,469.39 01-Dec-2008 15 8.540% 23,933.82
Loan Group II 2000282272 Dec-2009 01-Feb-2007 MN 69.52 130,000.00 128,021.90 01-Dec-2008 15 8.580% 14,567.26
Loan Group II 2000282282 Jul-2008 01-Feb-2007 MN 80.00 184,000.00 182,416.26 01-Dec-2007 27 7.390% 30,005.56
Loan Group II 2000282303 May-2010 01-Mar-2007 FL 85.50 256,500.00 250,429.60 01-Apr-2009 11 7.940% 20,085.08
Loan Group II 2000282312 May-2010 01-Mar-2007 MN 80.00 174,400.00 172,345.80 01-Jan-2010 2 7.690% 4,136.73
Loan Group II 2000282354 Jan-2010 01-Feb-2007 CA 80.00 189,600.00 189,526.16 01-Oct-2008 17 7.790% 24,169.35
Loan Group II 2000282366 May-2010 01-Mar-2007 CA 80.00 176,000.00 172,408.26 01-Sep-2009 6 4.190% 4,216.94
Loan Group II 2000282383 Mar-2010 01-Feb-2007 CA 75.00 232,500.00 228,562.53 01-Aug-2008 19 6.890% 25,342.11
Loan Group II 2000282405 Mar-2010 01-Mar-2007 CA 80.00 224,000.00 221,562.06 01-Feb-2008 25 6.640% 31,145.62
Loan Group II 2000282410 Mar-2010 01-Mar-2007 CA 85.00 340,000.00 339,886.53 01-Mar-2008 24 5.950% 42,004.32
Loan Group II 2000282416 May-2010 01-Mar-2007 CA 80.00 184,000.00 180,221.24 01-Jan-2009 14 6.890% 16,006.74
Loan Group II 2000282490 Jan-2010 01-Mar-2007 TX 80.00 92,000.00 91,250.11 01-May-2008 22 9.620% 16,556.33
Loan Group II 2000282492 Mar-2010 05-Feb-2007 OK 80.00 158,000.00 156,716.28 05-Jan-2008 26 8.140% 29,481.09
Loan Group II 2000282556 May-2010 01-Feb-2007 NJ 69.66 310,000.00 308,893.54 01-Feb-2008 25 8.440% 58,639.81
Loan Group II 2000282569 Feb-2010 01-Mar-2007 NJ 80.00 300,000.00 299,435.18 01-Aug-2007 31 7.740% 60,629.80

Page 20
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

REO Loan Detail - All Mortgage Loans in REO during Current Period

First Original Current Approximate


Loan Month Loan Payment LTV at Principal Actual Months Current Delinquent
Group Number Entered REO Date State Origination Balance Balance Paid To Date Delinquent Loan Rate Interest
Loan Group II 2000282586 Dec-2009 01-Mar-2007 KY 80.00 155,600.00 155,040.09 01-Jan-2008 26 7.650% 26,380.47

Page 21
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period

Summary 12 Month Foreclosure History

New Foreclosure Loans


Loans in Foreclosure 81 32.00%

28.00%
Original Principal Balance 17,571,859.00 24.00%

Current Actual Balance 17,410,657.47 20.00%

16.00%

Current Foreclosure Total 12.00%

8.00%

Loans in Foreclosure 722 4.00%

Original Principal Balance 186,104,996.00 0.00%

09

10

0
9

09

09
9

0
0

0
Current Actual Balance 184,452,018.38

l-0

-0

-0

-1

-1
-0

-1
n-

n-
-

b-

ay
g

ov

ec
ct

r
ar
Ju

Ap
Ju

Ja
Au

Se

Fe
O

M
N

D
Loan Group I 12 Month Foreclosure History

New Foreclosure Loans


Loans in Foreclosure 9 28.00%

Original Principal Balance


24.00%
2,133,672.00
20.00%
Current Actual Balance 2,178,419.87
16.00%

12.00%

Current Foreclosure Total 8.00%

Loans in Foreclosure 98 4.00%

Original Principal Balance 21,755,442.00 0.00%

09

10

0
9

09

09

9
9

0
10

0
Current Actual Balance 21,723,820.46

l-0

-0

-0

r-1

-1
-0

-1
n-

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p-

b-

ay
ov

ec
ct

ar
Ju

Ap
Ju

Ja
Au

Se

Fe
O

M
N

D
Loan Group II 12 Month Foreclosure History

New Foreclosure Loans


Loans in Foreclosure 72 32.00%

28.00%
Original Principal Balance 15,438,187.00 24.00%

Current Actual Balance 15,232,237.60 20.00%

16.00%

Current Foreclosure Total 12.00%

8.00%

Loans in Foreclosure 624 4.00%

Original Principal Balance 164,349,554.00 0.00%


09

10

0
9

09

09

9
9

0
10

0
Current Actual Balance 162,728,197.92
l-0

-0

-0

r-1

-1
-0

-1
n-

n-
g-

p-

b-

ay
ov

ec
ct

ar
Ju

Ap
Ju

Ja
Au

Se

Fe
O

M
N

Page 22
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period

First Original Current Approximate


Loan Month Loan Payment LTV at Principal Actual Months Current Delinquent
Group Number Entered FC Date State Origination Balance Balance Paid To Date Delinquent Loan Rate Interest
Loan Group I 0011471705 Aug-2009 01-May-2006 FL 80.00 123,720.00 121,809.39 01-Aug-2008 19 9.470% 18,995.04
Loan Group I 0011668054 Nov-2009 01-Dec-2006 CA 73.00 357,700.00 357,585.54 01-Mar-2009 12 9.750% 41,556.38
Loan Group I 0011688689 Nov-2008 01-Nov-2006 IL 90.00 108,000.00 106,924.78 01-Feb-2008 25 9.875% 22,384.41
Loan Group I 0011691718 Mar-2010 01-Jan-2007 IL 80.00 112,800.00 112,632.34 01-Feb-2008 25 8.570% 20,591.88
Loan Group I 0011692163 Dec-2009 01-Dec-2006 FL 89.11 229,900.00 227,846.01 01-Feb-2009 13 6.000% 15,629.49
Loan Group I 0011692773 Jul-2008 01-Dec-2006 FL 85.00 238,000.00 236,362.25 01-Dec-2007 27 9.375% 51,359.11
Loan Group I 0011693625 Apr-2010 01-Dec-2006 OK 80.00 240,000.00 235,613.72 01-Nov-2008 16 7.745% 25,416.08
Loan Group I 0011695072 Jan-2008 01-Dec-2006 FL 90.00 153,900.00 153,753.10 01-Jun-2007 33 10.570% 45,051.48
Loan Group I 0011695439 Dec-2009 01-Dec-2006 PA 80.00 104,400.00 102,906.93 01-Jun-2008 21 8.250% 16,476.13
Loan Group I 0011704507 Mar-2010 01-Jan-2007 CO 80.00 159,200.00 157,572.77 01-Sep-2008 18 9.945% 25,411.32
Loan Group I 0011708398 Nov-2009 01-Dec-2006 FL 80.00 136,000.00 135,117.59 01-Dec-2008 15 8.600% 16,486.95
Loan Group I 0011710196 Oct-2009 01-Dec-2006 MD 80.00 212,000.00 211,490.47 01-Nov-2008 16 8.820% 29,136.85
Loan Group I 0011719410 Jul-2009 01-Dec-2006 FL 75.00 123,750.00 123,314.61 01-Sep-2007 30 7.380% 22,496.30
Loan Group I 0011722478 Feb-2009 01-Dec-2006 LA 80.00 117,600.00 115,384.48 01-Jan-2009 14 8.845% 14,127.66
Loan Group I 0011723127 May-2009 01-Jan-2007 FL 80.00 256,000.00 255,805.23 01-Nov-2007 28 7.200% 44,106.08
Loan Group I 0011725149 May-2010 01-Jan-2007 LA 80.00 84,000.00 83,259.57 01-Mar-2008 24 8.900% 15,841.66
Loan Group I 0011725199 Mar-2010 01-Dec-2006 TX 80.00 316,000.00 313,674.44 01-Jul-2009 8 10.270% 25,470.95
Loan Group I 0011726045 Dec-2009 01-Feb-2007 CA 85.00 484,500.00 483,366.97 01-Oct-2008 17 8.510% 63,353.31
Loan Group I 0011726159 May-2010 01-Jan-2007 FL 80.00 148,000.00 146,981.18 01-Jul-2008 20 7.625% 21,189.50
Loan Group I 0011726260 Nov-2009 01-Jan-2007 TN 90.00 98,910.00 98,720.27 01-May-2007 34 10.745% 30,124.64
Loan Group I 0011726440 Mar-2010 01-Jan-2007 IL 75.00 172,500.00 171,111.81 01-Feb-2008 25 8.990% 32,409.34
Loan Group I 0011736332 Sep-2009 01-Jan-2007 GA 80.00 126,000.00 125,188.66 01-Oct-2008 17 8.200% 16,381.89
Loan Group I 0011737446 Apr-2010 01-Jan-2007 IL 80.00 228,000.00 226,942.69 01-Dec-2008 15 7.745% 23,261.55
Loan Group I 0011740326 Feb-2009 01-Jan-2007 FL 80.00 119,920.00 124,191.31 01-Dec-2008 15 8.000% 13,158.37
Loan Group I 0011740718 May-2010 01-Feb-2007 TN 80.00 107,600.00 106,178.81 01-Aug-2009 7 7.070% 5,207.70
Loan Group I 0011740999 Nov-2009 01-Jan-2007 FL 85.00 241,400.00 246,261.93 01-Mar-2009 12 8.875% 24,042.34
Loan Group I 0011742235 Jan-2010 01-Feb-2007 FL 50.50 202,000.00 200,694.03 01-Sep-2008 18 8.495% 27,936.18
Loan Group I 0011742667 Sep-2008 01-Jan-2007 AZ 80.00 100,000.00 99,528.87 01-Mar-2008 24 8.000% 17,486.74
Loan Group I 0011744803 Jan-2010 01-Feb-2007 IL 80.00 180,000.00 177,291.86 01-Sep-2008 18 7.880% 21,635.26
Loan Group I 0011745181 Jun-2009 01-Jan-2007 FL 90.00 171,000.00 170,300.04 01-May-2008 22 8.875% 30,928.35
Loan Group I 0011747420 May-2010 01-Jan-2007 CA 84.98 345,000.00 344,999.99 01-Oct-2009 5 5.800% 10,666.25
Loan Group I 0011748211 Jan-2010 01-Dec-2006 FL 92.46 251,500.00 250,506.77 01-Jul-2007 32 9.650% 65,136.00
Loan Group I 0011749128 Apr-2010 01-Jan-2007 IL 68.90 137,800.00 134,591.73 01-Jun-2009 9 7.750% 8,904.77
Loan Group I 0011749806 May-2009 01-Dec-2006 NJ 80.00 120,000.00 119,861.63 01-May-2007 34 9.750% 34,347.15
Loan Group I 0011749920 Jul-2008 01-Jan-2007 IL 79.84 391,200.00 387,019.34 01-Oct-2007 29 7.500% 69,073.35
Loan Group I 0011752825 May-2008 01-Jan-2007 NY 80.00 304,000.00 303,277.27 01-Oct-2007 29 8.750% 64,387.13
Loan Group I 0011752975 Feb-2010 01-Jan-2007 OH 85.00 73,950.00 73,086.62 01-Mar-2008 24 9.745% 14,550.92
Loan Group I 0011754315 Jan-2010 01-Jan-2007 FL 80.00 320,000.00 318,957.38 01-Nov-2007 28 8.000% 62,315.95
Loan Group I 0011754565 Aug-2008 01-Jan-2007 MD 80.00 316,000.00 314,515.09 01-Nov-2007 28 6.950% 50,393.64
Loan Group I 0011755141 Feb-2010 01-Feb-2007 GA 80.00 84,000.00 83,681.80 01-Aug-2008 19 6.000% 10,246.09

Page 23
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period

First Original Current Approximate


Loan Month Loan Payment LTV at Principal Actual Months Current Delinquent
Group Number Entered FC Date State Origination Balance Balance Paid To Date Delinquent Loan Rate Interest
Loan Group I 0011756345 Jul-2008 01-Jan-2007 NJ 70.00 224,000.00 221,607.46 01-Jan-2008 26 7.375% 38,395.66
Loan Group I 0011756646 Nov-2008 01-Jan-2007 CA 75.00 326,250.00 325,767.24 01-Oct-2007 29 10.345% 82,669.83
Loan Group I 0011757147 Dec-2009 01-Jan-2007 LA 95.00 137,750.00 136,082.13 01-Apr-2009 11 10.895% 15,279.23
Loan Group I 0011758036 May-2008 01-Jan-2007 FL 95.00 244,150.00 243,511.83 01-Dec-2007 27 9.075% 51,511.53
Loan Group I 0011759217 Jul-2008 01-Feb-2007 FL 80.00 347,200.00 346,730.76 01-Nov-2007 28 7.895% 63,978.70
Loan Group I 0011760157 Nov-2009 01-Feb-2007 CA 80.00 380,000.00 378,752.71 01-Jun-2008 21 6.990% 50,387.52
Loan Group I 0011762063 Nov-2009 01-Jan-2007 CA 81.54 212,000.00 212,000.00 01-Oct-2008 17 5.750% 17,622.50
Loan Group I 0011762536 Jul-2009 01-Jan-2007 OK 69.57 80,000.00 77,729.35 01-Jan-2009 14 8.100% 7,823.29
Loan Group I 0011763588 Jun-2009 01-Jan-2007 FL 80.00 115,920.00 115,387.57 01-May-2008 22 8.395% 19,592.11
Loan Group I 0011764775 Jan-2010 01-Jan-2007 PA 80.00 180,000.00 178,210.35 01-Jan-2008 26 7.750% 29,812.26
Loan Group I 0011765046 May-2010 01-Feb-2007 IL 95.00 270,750.00 268,102.57 01-Aug-2009 7 1.750% 2,501.97
Loan Group I 0011765313 Jan-2010 01-Feb-2007 AZ 87.91 400,000.00 398,308.23 01-May-2009 10 7.875% 32,676.21
Loan Group I 0011765576 Jul-2008 01-Jan-2007 IL 80.00 183,600.00 182,627.91 01-Jan-2008 26 6.885% 27,043.96
Loan Group I 0011766761 Jan-2010 01-Feb-2007 IL 80.00 233,600.00 280,338.52 01-Mar-2010 0 8.725% 3,188.75
Loan Group I 0011767059 Apr-2010 01-Jan-2007 FL 85.00 240,550.00 237,287.46 01-Apr-2009 11 7.000% 16,606.68
Loan Group I 0011767484 Jan-2008 01-Jan-2007 FL 80.00 185,600.00 184,951.70 01-Jul-2007 32 9.545% 47,080.66
Loan Group I 0011768010 Apr-2010 01-Jan-2007 FL 79.79 150,000.00 149,291.91 01-Jul-2008 20 6.990% 19,055.83
Loan Group I 0011768188 Jan-2010 01-Dec-2006 IL 78.13 125,000.00 129,024.86 01-Jun-2009 9 7.500% 8,266.77
Loan Group I 0011768287 Feb-2010 01-Jan-2007 IL 89.89 400,000.00 399,741.07 01-Mar-2009 12 6.350% 27,282.36
Loan Group I 0011768406 May-2008 01-Jan-2007 FL 92.73 255,000.00 255,000.00 01-Oct-2007 29 7.500% 46,962.50
Loan Group I 0011770199 May-2010 01-Jan-2007 CA 38.58 218,000.00 216,722.37 01-Oct-2009 5 7.170% 8,591.64
Loan Group I 0011771422 Dec-2009 01-Feb-2007 IL 80.00 228,000.00 223,958.31 01-Oct-2008 17 7.750% 25,508.07
Loan Group I 0011771956 Apr-2010 01-Jan-2007 NM 85.00 173,400.00 172,968.84 01-Mar-2009 12 9.070% 17,282.13
Loan Group I 0011772906 May-2010 01-Jan-2007 CA 75.00 304,125.00 365,444.23 01-Feb-2010 1 2.000% 2,862.22
Loan Group I 0011774003 Dec-2009 01-Feb-2007 NY 75.00 91,500.00 91,154.44 01-Sep-2007 30 9.830% 22,491.40
Loan Group I 0011774155 May-2010 01-Feb-2007 CA 75.00 216,375.00 215,353.19 01-Nov-2009 4 8.260% 8,352.66
Loan Group I 0011774204 Dec-2009 01-Jan-2007 VA 80.00 312,000.00 312,000.00 01-Jul-2008 20 7.375% 43,504.50
Loan Group I 0011774890 Jan-2010 01-Feb-2007 FL 69.89 325,000.00 322,326.12 01-Dec-2007 27 7.620% 54,819.00
Loan Group I 0011774903 Apr-2009 01-Feb-2007 NJ 77.27 357,000.00 354,415.72 01-Sep-2008 18 7.390% 40,542.83
Loan Group I 0011775843 Oct-2008 01-Feb-2007 FL 72.34 231,500.00 231,058.07 01-Apr-2008 23 8.100% 38,028.76
Loan Group I 0011775892 Apr-2009 01-Dec-2006 CA 80.00 308,000.00 305,807.00 01-Jul-2008 20 7.450% 38,801.82
Loan Group I 0011776536 May-2010 01-Feb-2007 TX 80.00 138,217.00 134,921.07 01-Sep-2009 6 8.000% 6,725.70
Loan Group I 0011776572 Dec-2009 01-Feb-2007 FL 85.00 165,750.00 162,055.57 01-Dec-2008 15 6.525% 13,713.40
Loan Group I 0011777930 Jan-2010 01-Feb-2007 AZ 75.36 208,000.00 207,475.53 01-Apr-2009 11 8.950% 19,396.53
Loan Group I 0011778411 Aug-2009 01-Feb-2007 PA 89.96 363,000.00 361,470.46 01-Mar-2009 12 7.875% 35,297.41
Loan Group I 0011779640 Apr-2010 01-Feb-2007 FL 90.00 229,500.00 228,210.05 01-Oct-2007 29 8.490% 49,274.65
Loan Group I 0011780059 Aug-2009 01-Feb-2007 FL 80.00 160,000.00 159,456.89 01-Feb-2009 13 8.750% 17,097.14
Loan Group I 0011780194 Apr-2010 01-Feb-2007 FL 85.00 237,150.00 233,336.20 01-Jun-2009 9 9.870% 19,981.52
Loan Group I 0011780430 Jan-2010 01-Feb-2007 FL 85.00 185,300.00 183,442.73 01-May-2008 22 8.600% 30,075.22
Loan Group I 0011781162 Feb-2009 01-Feb-2007 IL 95.00 135,850.00 133,784.72 01-Feb-2009 13 9.105% 14,322.00

Page 24
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period

First Original Current Approximate


Loan Month Loan Payment LTV at Principal Actual Months Current Delinquent
Group Number Entered FC Date State Origination Balance Balance Paid To Date Delinquent Loan Rate Interest
Loan Group I 0011781918 Aug-2008 01-Feb-2007 NY 80.00 532,000.00 526,769.77 01-Mar-2008 24 7.990% 89,970.64
Loan Group I 0011782239 Apr-2010 01-Feb-2007 CA 90.00 324,000.00 323,954.77 01-Oct-2009 5 6.500% 11,338.46
Loan Group I 0011782605 May-2010 01-Feb-2007 IN 95.00 138,605.00 136,568.69 01-Sep-2009 6 10.470% 9,059.94
Loan Group I 0011783409 May-2010 01-Feb-2007 CA 68.22 395,000.00 390,128.95 01-Oct-2009 5 7.945% 17,110.61
Loan Group I 0011784674 Oct-2009 01-Feb-2007 WI 80.00 83,200.00 81,855.61 01-Apr-2009 11 8.995% 7,580.12
Loan Group I 0011788903 May-2009 01-Feb-2007 IL 80.00 140,000.00 138,145.26 01-Nov-2008 16 8.910% 17,324.70
Loan Group I 0011789339 Feb-2010 01-Feb-2007 TX 80.00 72,000.00 71,018.17 01-Feb-2009 13 9.470% 7,927.70
Loan Group I 0011790472 Jan-2010 01-Feb-2007 IL 80.00 120,000.00 119,671.92 01-Apr-2009 11 8.820% 10,779.06
Loan Group I 0011790822 Apr-2010 01-Feb-2007 CA 80.00 200,000.00 194,316.69 01-Oct-2009 5 4.000% 3,947.01
Loan Group I 0011791438 Dec-2009 01-Feb-2007 HI 80.00 595,200.00 589,443.40 01-Dec-2008 15 6.875% 53,034.96
Loan Group I 0011791696 May-2009 01-Feb-2007 NJ 87.32 279,000.00 276,124.74 01-Feb-2009 13 6.970% 22,260.36
Loan Group I 0011796009 Nov-2008 01-Feb-2007 IL 95.00 258,400.00 256,869.36 01-Jun-2008 21 7.720% 35,648.68
Loan Group I 0011797182 Jan-2010 01-Feb-2007 NJ 95.00 209,000.00 207,741.57 01-Feb-2009 13 8.870% 22,350.92
Loan Group I 0011797417 Apr-2010 01-Feb-2007 TX 80.00 102,000.00 101,245.78 01-Apr-2009 11 4.000% 3,777.27
Loan Group I 0011797753 Apr-2009 01-Feb-2007 NJ 80.00 388,000.00 379,967.26 01-Mar-2009 12 7.650% 31,511.68
Loan Group I 0011798952 Feb-2009 01-Jan-2007 FL 85.00 352,750.00 348,285.48 01-Jul-2008 20 8.345% 49,834.02
Loan Group I 0011798968 Dec-2009 01-Feb-2007 NY 84.94 361,000.00 357,949.87 01-Sep-2007 30 6.990% 61,075.76
Loan Group I 0011801663 Dec-2009 01-Feb-2007 MD 81.66 130,000.00 129,638.76 01-Jan-2009 14 9.485% 15,520.37
Loan Group II 0011564417 Oct-2008 01-Aug-2006 FL 95.00 317,300.00 312,887.28 01-May-2008 22 9.250% 54,548.72
Loan Group II 0011583152 Aug-2008 01-Aug-2006 FL 80.00 181,012.00 180,908.55 01-Mar-2008 24 6.400% 23,126.22
Loan Group II 0011588392 Feb-2010 01-Aug-2006 NJ 67.89 148,000.00 146,718.96 01-Oct-2007 29 8.990% 33,093.72
Loan Group II 0011593785 Dec-2009 01-Aug-2006 TX 80.00 180,000.00 197,575.03 01-Jun-2009 9 8.990% 15,319.17
Loan Group II 0011609093 Apr-2010 01-Sep-2006 NJ 90.00 276,300.00 273,415.51 01-Aug-2009 7 8.000% 15,356.63
Loan Group II 0011649403 Dec-2009 01-Nov-2006 MS 95.00 52,250.00 51,838.66 01-Oct-2008 17 10.470% 6,997.62
Loan Group II 0011675438 Apr-2010 01-Nov-2006 VA 95.00 96,900.00 96,133.41 01-Mar-2009 12 8.620% 9,160.00
Loan Group II 0011681522 Oct-2009 01-Dec-2006 CA 80.00 414,400.00 414,400.01 01-Jun-2008 21 7.875% 64,231.94
Loan Group II 0011684143 Apr-2010 01-Nov-2006 IL 80.00 377,060.00 375,612.05 01-Dec-2008 15 7.745% 39,449.70
Loan Group II 0011685004 Feb-2009 01-Jan-2007 NY 80.00 208,000.00 207,772.47 01-May-2007 34 8.970% 53,672.99
Loan Group II 0011693788 May-2010 01-Dec-2006 MI 90.00 123,300.00 123,297.28 01-Jan-2009 14 8.945% 13,883.36
Loan Group II 0011693827 Dec-2008 01-Dec-2006 CA 80.00 244,000.00 243,824.02 01-Feb-2007 37 8.750% 64,893.58
Loan Group II 0011698601 Apr-2010 01-Dec-2006 NY 80.00 314,160.00 312,537.12 01-May-2008 22 8.500% 54,058.64
Loan Group II 0011700736 Apr-2010 01-Jan-2007 RI 95.00 204,250.00 203,793.26 01-Aug-2009 7 9.845% 14,278.70
Loan Group II 0011704324 May-2008 01-Jan-2007 NJ 80.00 284,000.00 282,735.19 01-Dec-2007 27 7.500% 50,446.35
Loan Group II 0011705434 Apr-2010 01-Dec-2006 NY 87.12 710,000.00 707,976.24 01-Jan-2009 14 8.600% 76,389.73
Loan Group II 0011706601 Mar-2010 01-Dec-2006 MA 80.00 281,200.00 277,484.57 01-Jul-2008 20 8.625% 45,091.57
Loan Group II 0011707594 Nov-2009 01-Nov-2006 MD 80.00 242,392.00 268,697.92 01-Nov-2008 16 5.250% 19,028.81
Loan Group II 0011710670 Oct-2008 01-Dec-2006 FL 80.00 185,600.00 184,823.17 01-Mar-2008 24 9.000% 36,095.62
Loan Group II 0011711363 Apr-2010 01-Dec-2006 NY 56.98 302,000.00 300,341.94 01-Mar-2009 12 9.520% 32,050.95
Loan Group II 0011714092 Sep-2009 01-Dec-2006 IL 80.00 191,920.00 192,548.82 01-Jan-2009 14 8.145% 19,506.86
Loan Group II 0011714927 Jul-2008 01-Dec-2006 FL 75.00 543,750.00 541,842.92 01-Jan-2008 26 8.875% 112,493.67

Page 25
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period

First Original Current Approximate


Loan Month Loan Payment LTV at Principal Actual Months Current Delinquent
Group Number Entered FC Date State Origination Balance Balance Paid To Date Delinquent Loan Rate Interest
Loan Group II 0011716983 Jan-2010 01-Jan-2007 FL 90.00 135,000.00 134,729.20 01-Nov-2008 16 9.220% 17,607.92
Loan Group II 0011719631 Jun-2008 01-Dec-2006 FL 80.00 256,000.00 255,689.89 01-Dec-2007 27 9.875% 59,415.40
Loan Group II 0011720922 Jun-2008 01-Dec-2006 FL 80.00 147,990.00 147,989.98 01-Dec-2007 27 8.750% 30,490.93
Loan Group II 0011722358 Jan-2010 01-Dec-2006 CA 80.00 175,200.00 210,104.59 01-Apr-2010 0 9.250% 2,545.36
Loan Group II 0011722527 Apr-2008 01-Dec-2006 SC 88.89 600,000.00 598,479.31 01-Oct-2007 29 8.870% 135,701.85
Loan Group II 0011723147 Apr-2010 01-Jan-2007 NY 89.87 71,000.00 70,213.58 01-Oct-2008 17 9.800% 10,336.63
Loan Group II 0011723986 May-2009 01-Feb-2007 IL 81.00 648,000.00 638,486.60 01-Nov-2008 16 8.390% 75,109.94
Loan Group II 0011727962 Jan-2010 01-Jan-2007 NJ 95.00 254,410.00 253,548.13 01-Mar-2008 24 8.990% 47,618.43
Loan Group II 0011728385 Oct-2007 01-Jan-2007 NY 80.00 204,000.00 203,960.09 01-Jan-2007 38 9.295% 55,780.65
Loan Group II 0011729444 Apr-2009 01-Dec-2006 TX 95.00 132,050.00 130,331.79 01-Jan-2009 14 9.875% 16,494.06
Loan Group II 0011730059 Jan-2010 01-Jan-2007 FL 85.00 114,750.00 132,737.26 01-Aug-2009 7 9.270% 8,725.61
Loan Group II 0011730736 Nov-2009 01-Jan-2007 IL 80.00 119,200.00 128,535.55 01-Aug-2008 19 7.970% 16,672.73
Loan Group II 0011730802 Jan-2010 01-Dec-2006 MD 80.00 400,000.00 398,771.58 01-Mar-2008 24 7.375% 64,251.34
Loan Group II 0011730951 Jul-2008 01-Jan-2007 FL 80.00 188,000.00 186,702.69 01-Jan-2008 26 6.995% 30,729.48
Loan Group II 0011731651 Aug-2008 01-Dec-2006 FL 80.00 512,000.00 511,424.08 01-Nov-2007 28 9.250% 117,476.78
Loan Group II 0011731854 Jan-2010 01-Jan-2007 NY 63.57 445,000.00 443,325.46 01-Jun-2008 21 9.295% 76,385.43
Loan Group II 0011734123 Sep-2009 01-Jan-2007 NY 80.00 520,000.00 519,803.25 01-Apr-2007 35 8.775% 134,587.74
Loan Group II 0011734192 Dec-2009 01-Jan-2007 FL 80.00 140,000.00 137,358.20 01-Nov-2008 16 8.625% 17,275.29
Loan Group II 0011734751 Apr-2008 01-Jan-2007 FL 80.00 280,000.00 279,679.16 01-Sep-2007 30 8.045% 59,535.35
Loan Group II 0011734911 May-2010 01-Dec-2006 TX 80.00 204,940.00 201,557.46 01-Dec-2008 15 8.500% 22,704.01
Loan Group II 0011735030 Apr-2010 01-Jan-2007 CA 80.00 180,000.00 179,288.29 01-Jul-2009 8 7.970% 11,549.95
Loan Group II 0011735982 Sep-2009 01-Dec-2006 FL 80.00 150,400.00 149,527.38 01-Aug-2008 19 8.375% 22,801.04
Loan Group II 0011736006 May-2008 01-Jan-2007 FL 95.00 152,850.00 151,503.28 01-Oct-2007 29 9.170% 34,355.56
Loan Group II 0011736046 Jan-2010 01-Jan-2007 MD 80.00 260,000.00 259,650.02 01-Jan-2008 26 8.625% 49,148.18
Loan Group II 0011736866 Feb-2010 01-Feb-2007 IL 80.00 316,000.00 314,790.18 01-Jan-2008 26 7.750% 54,379.50
Loan Group II 0011737015 Oct-2007 01-Jan-2007 FL 80.00 307,000.00 306,693.09 01-Mar-2007 36 7.495% 65,715.61
Loan Group II 0011738189 Sep-2008 01-Dec-2006 CA 90.00 463,500.00 461,102.95 01-Mar-2008 24 8.750% 86,002.16
Loan Group II 0011738647 Dec-2007 01-Feb-2007 NY 80.00 446,400.00 446,055.30 01-Jul-2007 32 7.990% 97,275.05
Loan Group II 0011739988 Jan-2010 01-Jan-2007 FL 95.00 304,000.00 303,454.68 01-Jun-2009 9 6.625% 17,037.68
Loan Group II 0011740953 May-2010 01-Jan-2007 CA 80.00 336,000.00 335,107.73 01-Sep-2007 30 7.990% 68,306.54
Loan Group II 0011741549 Sep-2008 01-Feb-2007 NJ 80.00 369,600.00 367,607.88 01-Jul-2008 20 8.045% 52,203.79
Loan Group II 0011741659 Oct-2008 01-Jan-2007 MD 85.00 735,250.00 734,413.09 01-Feb-2007 37 8.820% 186,221.77
Loan Group II 0011741661 Jan-2008 01-Jan-2007 FL 80.00 142,400.00 141,760.23 01-Jul-2007 32 8.320% 33,265.45
Loan Group II 0011741711 May-2010 01-Jan-2007 IN 85.00 68,000.00 66,707.67 01-Feb-2010 1 6.875% 1,186.72
Loan Group II 0011741753 Nov-2009 01-Jan-2007 CA 80.00 359,920.00 358,631.19 01-Oct-2008 17 7.625% 45,715.43
Loan Group II 0011742575 Jun-2008 01-Jan-2007 TX 93.82 430,178.00 555,262.09 01-Apr-2010 0 9.990% 6,753.75
Loan Group II 0011742741 Feb-2010 01-Jan-2007 IL 95.00 266,950.00 260,150.38 01-Mar-2009 12 6.655% 18,551.25
Loan Group II 0011742847 Oct-2009 01-Dec-2006 CA 80.00 317,600.00 316,445.95 01-May-2008 22 6.875% 40,243.36
Loan Group II 0011743031 Feb-2009 01-Jan-2007 NJ 79.59 195,000.00 192,333.17 01-Jul-2008 20 7.950% 26,111.43
Loan Group II 0011743352 Apr-2010 01-Jan-2007 NY 80.00 504,000.00 503,462.56 01-Oct-2007 29 8.520% 106,280.45

Page 26
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period

First Original Current Approximate


Loan Month Loan Payment LTV at Principal Actual Months Current Delinquent
Group Number Entered FC Date State Origination Balance Balance Paid To Date Delinquent Loan Rate Interest
Loan Group II 0011745302 Dec-2009 01-Jan-2007 FL 80.00 151,200.00 150,384.87 01-Aug-2008 19 8.500% 23,235.10
Loan Group II 0011745589 Nov-2007 01-Jan-2007 NY 80.00 468,000.00 466,646.70 01-May-2007 34 7.625% 105,884.50
Loan Group II 0011746191 Mar-2009 01-Jan-2007 CA 80.00 336,000.00 217,446.83 01-May-2010 (1) 6.700% 1,720.10
Loan Group II 0011746354 Jan-2010 01-Jan-2007 CA 80.00 459,200.00 458,199.96 01-Jan-2008 26 7.375% 80,078.15
Loan Group II 0011746472 Dec-2009 01-Jan-2007 FL 80.00 188,000.00 188,000.00 01-Apr-2008 23 7.125% 28,511.04
Loan Group II 0011746804 Nov-2009 01-Jan-2007 CA 80.00 316,000.00 333,096.71 01-Feb-2009 13 6.750% 25,263.82
Loan Group II 0011746846 Jun-2008 01-Jan-2007 CA 80.00 493,600.00 489,340.51 01-Oct-2007 29 6.875% 86,715.72
Loan Group II 0011746888 Dec-2009 01-Jan-2007 CA 80.00 376,000.00 372,049.13 01-May-2009 10 7.490% 25,947.60
Loan Group II 0011746952 May-2009 01-Dec-2006 IL 80.00 375,200.00 372,683.30 01-Jan-2009 14 9.590% 44,957.49
Loan Group II 0011747789 Jan-2010 01-Jan-2007 MD 80.00 244,000.00 242,738.10 01-Jul-2008 20 8.395% 35,607.25
Loan Group II 0011748425 Jan-2010 01-Jan-2007 CA 85.00 476,000.00 475,881.00 01-Apr-2009 11 6.000% 28,354.69
Loan Group II 0011748900 Aug-2007 01-Jan-2007 NY 80.00 664,000.00 662,547.61 01-Mar-2007 36 7.620% 143,341.05
Loan Group II 0011748953 Apr-2009 01-Feb-2007 IL 95.00 190,000.00 189,553.62 01-Oct-2008 17 9.225% 26,173.60
Loan Group II 0011748987 Apr-2009 01-Jan-2007 MD 80.00 132,560.00 130,232.56 01-Nov-2008 16 7.715% 13,990.44
Loan Group II 0011749029 Jun-2009 01-Jan-2007 FL 80.00 180,000.00 179,571.47 01-Sep-2007 30 8.370% 40,004.32
Loan Group II 0011749234 Jul-2008 01-Jan-2007 FL 80.00 335,895.00 335,471.33 01-Apr-2007 35 8.625% 83,429.61
Loan Group II 0011750911 Feb-2010 01-Jan-2007 CT 95.00 282,625.00 282,625.00 01-Dec-2008 15 7.150% 30,794.37
Loan Group II 0011751182 Oct-2008 01-Jan-2007 FL 79.66 427,000.00 420,269.57 01-Apr-2008 23 6.375% 50,779.32
Loan Group II 0011751525 Jan-2009 01-Jan-2007 AZ 80.00 287,200.00 284,618.41 01-Oct-2008 17 7.250% 34,458.75
Loan Group II 0011752564 Dec-2007 01-Jan-2007 NY 80.00 500,000.00 498,990.30 01-Jul-2007 32 8.045% 109,632.79
Loan Group II 0011753402 May-2010 01-Feb-2007 CA 80.00 376,000.00 373,056.73 01-Nov-2009 4 4.000% 6,518.69
Loan Group II 0011753576 Aug-2008 01-Jan-2007 FL 80.00 183,200.00 182,409.30 01-Jan-2008 26 7.620% 31,999.76
Loan Group II 0011754543 Sep-2009 01-Jan-2007 IL 80.00 68,000.00 67,200.22 01-Aug-2008 19 8.990% 9,924.08
Loan Group II 0011754820 Feb-2010 01-Jan-2007 WA 80.00 160,000.00 160,000.00 01-Feb-2009 13 7.500% 15,866.61
Loan Group II 0011755031 Apr-2008 01-Jan-2007 FL 80.00 256,000.00 255,412.99 01-Sep-2007 30 8.500% 55,369.60
Loan Group II 0011755099 Apr-2010 01-Jan-2007 NY 95.00 437,000.00 437,000.00 01-Jun-2008 21 6.500% 50,255.00
Loan Group II 0011755146 Jan-2010 01-Feb-2007 FL 80.00 200,000.00 199,215.26 01-Feb-2008 25 7.970% 34,676.15
Loan Group II 0011755480 Nov-2009 01-Jan-2007 VA 80.00 512,000.00 507,859.42 01-Dec-2008 15 7.875% 60,567.75
Loan Group II 0011755558 Jan-2010 01-Feb-2007 NY 95.00 479,750.00 477,632.84 01-Jan-2008 26 7.375% 79,863.39
Loan Group II 0011755943 May-2010 01-Jan-2007 MA 80.00 244,000.00 242,789.85 01-May-2008 22 8.125% 38,714.98
Loan Group II 0011756409 Apr-2010 01-Feb-2007 NY 85.00 463,250.00 457,929.13 01-Apr-2009 11 6.875% 31,535.47
Loan Group II 0011756423 Feb-2008 01-Jan-2007 NY 80.00 448,000.00 447,262.67 01-Jul-2007 32 8.875% 111,599.38
Loan Group II 0011756456 May-2010 01-Jan-2007 CA 80.00 424,000.00 424,000.00 01-Oct-2007 29 7.125% 74,685.71
Loan Group II 0011756557 Aug-2008 01-Jan-2007 WA 80.00 360,000.00 359,194.52 01-Dec-2007 27 8.125% 68,825.63
Loan Group II 0011757824 Feb-2010 01-Jan-2007 WA 80.00 272,800.00 271,121.06 01-Dec-2008 15 6.250% 25,779.01
Loan Group II 0011758237 Jul-2008 01-Jan-2007 CA 80.00 444,000.00 440,745.15 01-Feb-2008 25 6.125% 61,402.14
Loan Group II 0011758349 May-2010 01-Jan-2007 CA 90.00 733,500.00 731,679.14 01-May-2008 22 8.625% 125,967.00
Loan Group II 0011758554 May-2009 01-Dec-2006 FL 44.27 85,000.00 84,398.85 01-Sep-2007 30 8.750% 18,396.01
Loan Group II 0011758862 Jun-2008 01-Dec-2006 FL 90.00 232,200.00 231,944.33 01-Aug-2007 31 8.150% 50,960.57
Loan Group II 0011758949 Dec-2009 01-Jan-2007 NY 15.00 33,450.00 33,203.45 01-Nov-2008 16 11.990% 5,704.02

Page 27
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period

First Original Current Approximate


Loan Month Loan Payment LTV at Principal Actual Months Current Delinquent
Group Number Entered FC Date State Origination Balance Balance Paid To Date Delinquent Loan Rate Interest
Loan Group II 0011759678 May-2010 01-Feb-2007 NY 80.00 441,600.00 428,555.42 01-Nov-2009 4 7.240% 14,406.34
Loan Group II 0011759772 Jan-2010 01-Jan-2007 FL 80.00 336,000.00 335,553.87 01-Apr-2007 35 7.625% 77,685.98
Loan Group II 0011759954 Jul-2009 01-Jan-2007 WI 80.00 107,600.00 107,561.94 01-Jun-2007 33 9.999% 29,766.69
Loan Group II 0011760490 May-2009 01-Jan-2007 TX 80.00 112,000.00 110,152.32 01-Aug-2008 19 7.495% 13,363.30
Loan Group II 0011760517 May-2009 01-Dec-2006 FL 80.00 212,000.00 211,128.63 01-Oct-2008 17 10.000% 34,882.77
Loan Group II 0011760633 Jul-2008 01-Jan-2007 FL 70.00 238,700.00 238,264.35 01-Jan-2008 26 7.820% 40,616.86
Loan Group II 0011760928 Nov-2008 01-Dec-2006 FL 95.00 270,750.00 267,824.46 01-May-2008 22 8.850% 45,275.30
Loan Group II 0011761165 Feb-2010 01-Jan-2007 FL 80.00 208,000.00 207,408.34 01-Mar-2009 12 8.560% 21,083.35
Loan Group II 0011761260 Apr-2010 01-Jan-2007 NY 80.00 600,000.00 594,830.85 01-Jun-2009 9 6.995% 35,372.18
Loan Group II 0011761678 May-2008 01-Jan-2007 CA 80.00 452,000.00 452,000.01 01-Dec-2007 27 7.625% 80,088.89
Loan Group II 0011761977 Oct-2009 01-Jan-2007 CA 80.00 323,200.00 322,354.27 01-May-2008 22 7.990% 51,469.18
Loan Group II 0011762042 Dec-2009 01-Jan-2007 HI 80.00 588,000.00 587,830.11 01-Jun-2008 21 6.895% 81,617.71
Loan Group II 0011762194 Sep-2008 01-Jan-2007 CA 80.00 432,000.00 432,000.00 01-May-2008 22 7.510% 60,566.40
Loan Group II 0011762792 Apr-2010 01-Jan-2007 NY 93.04 655,000.00 647,025.99 01-Jun-2008 21 8.250% 95,299.83
Loan Group II 0011762842 Feb-2009 01-Jan-2007 NY 80.00 636,480.00 635,829.86 01-Jul-2007 32 7.750% 139,045.64
Loan Group II 0011763148 Apr-2010 01-Dec-2006 FL 80.00 206,400.00 205,270.20 01-May-2008 22 8.990% 36,825.56
Loan Group II 0011763877 Apr-2010 01-Feb-2007 NJ 88.00 792,000.00 789,192.65 01-Sep-2008 18 7.250% 88,688.35
Loan Group II 0011764496 May-2010 01-Jan-2007 NJ 80.00 193,600.00 192,389.02 01-Oct-2007 29 8.625% 42,611.54
Loan Group II 0011765405 Apr-2010 01-Feb-2007 NY 80.00 606,320.00 602,496.85 01-Nov-2007 28 8.460% 120,678.14
Loan Group II 0011766232 Mar-2010 01-Jan-2007 NV 90.00 301,500.00 300,135.49 01-Oct-2009 5 6.400% 10,329.62
Loan Group II 0011766420 Jan-2010 01-Jan-2007 CA 80.00 680,000.00 676,280.40 01-May-2009 10 7.125% 49,272.97
Loan Group II 0011766934 Aug-2007 01-Feb-2007 FL 90.00 652,500.00 652,123.04 01-Feb-2007 37 8.730% 163,369.49
Loan Group II 0011766948 Dec-2009 01-Jan-2007 FL 80.00 108,400.00 108,030.04 01-Apr-2007 35 8.035% 25,079.13
Loan Group II 0011767398 Feb-2010 01-Jan-2007 FL 80.00 136,000.00 133,200.40 01-Mar-2009 12 7.610% 12,109.27
Loan Group II 0011767757 May-2010 01-Jan-2007 CA 80.00 476,000.00 497,043.98 01-Jun-2009 9 2.000% 6,710.02
Loan Group II 0011768016 Jun-2008 01-Jan-2007 NJ 95.00 498,750.00 496,904.05 01-Nov-2007 28 8.500% 101,487.76
Loan Group II 0011768354 Apr-2009 01-Feb-2007 CA 79.44 572,000.00 269,312.15 01-May-2010 (1) 7.500% 3,316.89
Loan Group II 0011768561 Oct-2009 01-Jan-2007 CA 80.00 480,000.00 479,849.10 01-Apr-2007 35 9.250% 130,328.34
Loan Group II 0011768688 May-2010 01-Jan-2007 FL 80.00 136,000.00 136,000.00 01-Feb-2008 25 7.215% 21,785.43
Loan Group II 0011768884 Jan-2008 01-Jan-2007 CA 80.00 460,000.00 458,813.97 01-Feb-2008 25 7.095% 72,640.43
Loan Group II 0011769607 Apr-2010 01-Feb-2007 MD 80.00 432,000.00 430,470.64 01-Mar-2008 24 6.215% 53,119.79
Loan Group II 0011769751 Jan-2010 01-Feb-2007 AZ 80.00 159,200.00 157,362.20 01-Apr-2009 11 6.810% 11,813.83
Loan Group II 0011769791 Jan-2010 01-Jan-2007 MD 80.00 292,000.00 290,022.87 01-Dec-2008 15 8.330% 34,044.52
Loan Group II 0011769815 Jul-2009 01-Jan-2007 TN 80.00 155,973.00 154,935.52 01-Feb-2009 13 8.750% 17,437.68
Loan Group II 0011770518 Sep-2008 01-Jan-2007 FL 95.00 306,850.00 306,850.00 01-Apr-2008 23 6.875% 46,353.60
Loan Group II 0011771292 Apr-2010 01-Jan-2007 CT 80.00 415,200.00 412,416.61 01-Nov-2008 16 8.250% 49,368.67
Loan Group II 0011771304 Nov-2008 01-Feb-2007 NJ 87.38 284,000.00 283,693.74 01-Jun-2008 21 6.125% 30,448.30
Loan Group II 0011771612 Jan-2010 01-Feb-2007 CA 75.00 180,000.00 178,907.81 01-Mar-2009 12 8.990% 18,005.63
Loan Group II 0011771752 Jan-2010 01-Jan-2007 MD 95.00 150,100.00 149,516.34 01-Aug-2008 19 9.570% 24,901.92
Loan Group II 0011772239 Jan-2010 01-Feb-2007 FL 80.00 212,000.00 211,834.68 01-May-2007 34 6.860% 42,433.67

Page 28
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period

First Original Current Approximate


Loan Month Loan Payment LTV at Principal Actual Months Current Delinquent
Group Number Entered FC Date State Origination Balance Balance Paid To Date Delinquent Loan Rate Interest
Loan Group II 0011772621 Apr-2010 01-Jan-2007 HI 80.00 200,000.00 194,542.32 01-Jan-2009 14 5.825% 13,685.92
Loan Group II 0011773097 Nov-2009 01-Jan-2007 NJ 80.00 291,200.00 323,397.19 01-May-2009 10 7.375% 23,879.87
Loan Group II 0011773121 Mar-2009 01-Jan-2007 FL 80.00 228,000.00 224,780.30 01-Mar-2009 12 9.560% 25,263.18
Loan Group II 0011773208 May-2010 01-Jan-2007 CA 80.00 213,592.00 213,591.99 01-Jun-2009 9 3.750% 6,363.17
Loan Group II 0011773321 Dec-2009 01-Feb-2007 FL 80.00 204,000.00 202,129.44 01-Feb-2008 25 8.160% 35,773.28
Loan Group II 0011773554 Aug-2008 01-Jan-2007 NY 80.00 396,000.00 395,044.10 01-Mar-2008 24 7.990% 71,448.34
Loan Group II 0011773814 Dec-2009 01-Jan-2007 VA 80.00 424,000.00 435,928.06 01-Aug-2008 19 8.010% 57,205.85
Loan Group II 0011773931 Mar-2008 01-Jan-2007 FL 80.00 244,800.00 243,642.90 01-Aug-2007 31 8.745% 57,470.78
Loan Group II 0011774004 Aug-2008 01-Feb-2007 CA 91.61 513,000.00 509,980.27 01-Feb-2009 13 6.500% 38,178.92
Loan Group II 0011774189 Jun-2009 01-Feb-2007 MD 80.00 240,000.00 237,303.82 01-May-2009 10 6.915% 16,312.29
Loan Group II 0011775462 Apr-2010 01-Feb-2007 FL 80.00 168,000.00 166,897.93 01-Sep-2008 18 7.745% 20,107.95
Loan Group II 0011775826 Aug-2008 01-Feb-2007 CA 80.00 588,000.00 585,962.94 01-Feb-2008 25 8.445% 104,347.91
Loan Group II 0011776989 Apr-2009 01-Jan-2007 CA 62.04 425,000.00 422,264.46 01-Feb-2009 13 6.250% 34,794.16
Loan Group II 0011777817 Apr-2010 01-Jan-2007 CA 80.00 241,418.00 241,417.91 01-Jan-2009 14 6.115% 18,074.24
Loan Group II 0011777871 Aug-2008 01-Feb-2007 FL 80.00 239,992.00 237,850.21 01-Apr-2008 23 8.845% 41,095.54
Loan Group II 0011778032 Jul-2008 01-Jan-2007 CA 79.89 539,200.00 538,521.39 01-Jun-2007 33 7.625% 111,921.00
Loan Group II 0011778115 Apr-2010 01-Jan-2007 CA 80.00 324,000.00 319,010.81 01-Oct-2009 5 2.000% 2,778.60
Loan Group II 0011778120 Jan-2010 01-Feb-2007 IL 80.00 183,920.00 181,596.05 01-Oct-2008 17 8.895% 23,988.24
Loan Group II 0011778375 Dec-2009 01-Feb-2007 NY 78.62 500,000.00 498,557.48 01-May-2007 34 7.690% 110,678.56
Loan Group II 0011778470 Apr-2010 01-Feb-2007 NY 79.28 440,000.00 439,399.81 01-Oct-2007 29 7.760% 84,922.61
Loan Group II 0011778569 Apr-2009 01-Feb-2007 CA 80.00 416,000.00 414,296.98 01-Mar-2009 12 7.625% 39,246.06
Loan Group II 0011778680 Jan-2010 01-Feb-2007 NY 80.00 289,200.00 288,257.18 01-Aug-2007 31 8.385% 64,724.30
Loan Group II 0011779281 Dec-2009 01-Feb-2007 FL 80.00 174,160.00 173,292.87 01-Jul-2008 20 8.325% 25,258.25
Loan Group II 0011779309 Jan-2010 01-Feb-2007 FL 80.00 216,000.00 215,340.21 01-Jul-2008 20 7.690% 29,345.53
Loan Group II 0011779423 Jan-2010 01-Feb-2007 NY 95.00 493,430.00 490,770.00 01-Jan-2009 14 6.625% 40,004.96
Loan Group II 0011779848 Nov-2009 01-Jan-2007 FL 80.00 269,600.00 280,830.20 01-Oct-2008 17 6.625% 31,058.20
Loan Group II 0011779881 Jul-2009 01-Feb-2007 NJ 89.92 357,000.00 355,479.70 01-Mar-2008 24 8.500% 65,647.81
Loan Group II 0011781097 Apr-2010 01-Jan-2007 CA 80.00 328,000.00 326,602.53 01-Mar-2009 12 6.000% 20,914.70
Loan Group II 0011781147 Aug-2007 01-Feb-2007 NY 80.00 468,000.00 467,676.89 01-Mar-2007 36 7.360% 100,295.04
Loan Group II 0011781273 Feb-2008 01-Feb-2007 NY 90.00 297,000.00 139,550.22 01-Apr-2010 0 7.125% 3,214.82
Loan Group II 0011782020 Mar-2008 01-Feb-2007 FL 80.00 156,000.00 156,000.00 01-Oct-2007 29 6.525% 25,606.75
Loan Group II 0011782278 May-2009 01-Feb-2007 FL 80.00 188,000.00 187,945.64 01-Sep-2008 18 6.900% 20,047.60
Loan Group II 0011782633 Jan-2010 01-Feb-2007 CA 80.00 455,920.00 455,920.00 01-Nov-2008 16 6.875% 50,341.14
Loan Group II 0011783024 Jan-2010 01-Feb-2007 CA 80.00 432,000.00 430,981.71 01-Sep-2008 18 8.625% 64,376.01
Loan Group II 0011783054 Jan-2010 01-Feb-2007 NV 59.90 230,000.00 227,242.39 01-Nov-2008 16 6.500% 20,257.29
Loan Group II 0011783205 May-2010 01-Feb-2007 FL 80.00 564,000.00 558,957.24 01-Jun-2009 9 1.750% 6,354.25
Loan Group II 0011783530 May-2010 01-Feb-2007 TX 80.00 106,400.00 103,924.75 01-Sep-2009 6 8.130% 5,270.73
Loan Group II 0011783658 Aug-2008 01-Feb-2007 FL 80.00 202,240.00 201,659.41 01-Mar-2008 24 6.800% 29,620.71
Loan Group II 0011784589 Aug-2009 01-Jan-2007 MD 80.00 353,600.00 353,600.00 01-Oct-2009 5 6.875% 13,149.50
Loan Group II 0011784638 Apr-2010 01-Feb-2007 RI 80.00 204,000.00 201,601.39 01-Mar-2009 12 7.610% 16,722.86

Page 29
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period

First Original Current Approximate


Loan Month Loan Payment LTV at Principal Actual Months Current Delinquent
Group Number Entered FC Date State Origination Balance Balance Paid To Date Delinquent Loan Rate Interest
Loan Group II 0011784680 Apr-2010 01-Feb-2007 CA 80.00 496,000.00 491,437.06 01-May-2009 10 7.675% 36,667.64
Loan Group II 0011785012 Apr-2009 01-Feb-2007 FL 95.00 185,250.00 184,445.35 01-Jun-2008 21 8.600% 29,517.50
Loan Group II 0011785769 Apr-2010 01-Feb-2007 CA 84.99 461,500.00 450,389.42 01-Jun-2009 9 7.375% 28,249.28
Loan Group II 0011785832 Apr-2010 01-Feb-2007 CA 80.00 304,000.00 371,142.37 01-Jun-2009 9 2.500% 6,636.75
Loan Group II 0011785995 Nov-2008 01-Feb-2007 WA 80.00 244,000.00 244,000.00 01-May-2008 22 7.560% 35,447.04
Loan Group II 0011786190 Apr-2010 01-Feb-2007 FL 80.00 272,000.00 271,006.96 01-Dec-2008 15 7.750% 31,874.26
Loan Group II 0011786330 Aug-2008 01-Feb-2007 FL 95.00 266,000.00 265,401.34 01-Mar-2008 24 7.465% 43,062.86
Loan Group II 0011786719 Apr-2010 01-Feb-2007 CA 80.00 388,000.00 383,665.11 01-Aug-2009 7 5.000% 12,908.74
Loan Group II 0011786798 Jan-2010 01-Feb-2007 CA 95.00 460,750.00 460,618.75 01-Nov-2008 16 6.825% 43,701.30
Loan Group II 0011786948 Apr-2010 01-Feb-2007 HI 80.00 320,000.00 311,064.25 01-Nov-2009 4 8.045% 12,025.35
Loan Group II 0011787126 May-2009 01-Feb-2007 FL 80.00 288,800.00 288,789.98 01-Dec-2008 15 7.000% 30,914.95
Loan Group II 0011787381 Apr-2010 01-Feb-2007 PA 95.00 41,800.00 41,202.94 01-Jan-2009 14 9.245% 4,796.18
Loan Group II 0011787646 Dec-2009 01-Feb-2007 CA 80.00 472,000.00 470,348.66 01-Nov-2007 28 7.400% 85,270.81
Loan Group II 0011787718 Jan-2010 01-Feb-2007 MD 80.00 261,600.00 260,817.73 01-Jun-2008 21 7.585% 36,057.11
Loan Group II 0011788016 May-2009 01-Feb-2007 CA 80.00 389,600.00 389,581.21 01-Mar-2009 12 5.875% 28,975.06
Loan Group II 0011788936 Jul-2009 01-Feb-2007 CA 80.00 372,000.00 368,028.85 01-May-2009 10 6.250% 21,019.07
Loan Group II 0011789299 May-2010 01-Feb-2007 TX 80.00 160,345.00 156,535.22 01-Oct-2009 5 8.026% 6,854.38
Loan Group II 0011789393 Jun-2009 01-Feb-2007 NH 89.15 452,000.00 445,677.72 01-Sep-2008 18 8.250% 64,222.32
Loan Group II 0011789454 May-2010 01-Feb-2007 NV 80.00 400,000.00 400,000.00 01-Oct-2009 5 2.000% 3,500.00
Loan Group II 0011790067 Jan-2010 01-Feb-2007 TX 80.00 146,000.00 142,830.12 01-Feb-2009 13 7.070% 11,649.28
Loan Group II 0011790769 Dec-2009 01-Feb-2007 MD 80.00 187,600.00 186,566.71 01-Sep-2008 18 8.375% 27,223.54
Loan Group II 0011790860 Dec-2009 01-Feb-2007 CA 80.00 479,920.00 477,646.50 01-May-2009 10 2.000% 7,123.35
Loan Group II 0011791026 Apr-2010 01-Feb-2007 NY 80.00 448,000.00 444,388.82 01-Apr-2009 11 3.000% 11,947.30
Loan Group II 0011791373 Apr-2010 01-Feb-2007 NJ 90.00 271,800.00 271,623.99 01-Apr-2007 35 8.990% 70,800.81
Loan Group II 0011791452 Jan-2010 01-Feb-2007 CA 90.00 367,200.00 355,221.44 01-May-2009 10 5.500% 17,633.50
Loan Group II 0011791619 May-2008 01-Feb-2007 CA 80.00 303,200.00 302,799.10 01-Mar-2008 24 8.875% 58,679.93
Loan Group II 0011792147 Apr-2010 01-Feb-2007 CA 80.00 351,200.00 343,392.06 01-Nov-2009 4 1.000% 854.51
Loan Group II 0011792391 Apr-2008 01-Feb-2007 NJ 90.00 495,000.00 492,383.06 01-Sep-2007 30 8.895% 115,168.11
Loan Group II 0011793382 Apr-2009 01-Feb-2007 FL 95.00 182,400.00 182,400.00 01-Oct-2008 17 8.280% 24,465.92
Loan Group II 0011793389 Sep-2007 01-Feb-2007 NY 80.00 551,200.00 550,740.09 01-Apr-2007 35 8.125% 134,302.46
Loan Group II 0011793449 Dec-2009 01-Feb-2007 NJ 80.00 112,000.00 111,011.77 01-Dec-2008 15 7.675% 12,727.75
Loan Group II 0011793625 Jan-2010 01-Feb-2007 AZ 90.00 174,600.00 190,429.69 01-May-2010 (1) 2.000% 238.15
Loan Group II 0011793927 Dec-2009 01-Feb-2007 FL 75.00 176,250.00 175,265.94 01-Jun-2008 21 8.545% 28,451.77
Loan Group II 0011794347 Dec-2009 01-Feb-2007 TX 80.00 209,475.00 208,079.72 01-Sep-2007 30 7.200% 37,793.62
Loan Group II 0011794524 Apr-2010 01-Feb-2007 NV 80.00 284,000.00 284,000.00 01-Nov-2008 16 6.835% 29,162.17
Loan Group II 0011794770 May-2010 01-Feb-2007 CA 80.00 427,200.00 427,200.00 01-Dec-2009 3 1.750% 2,225.00
Loan Group II 0011794853 Jan-2010 01-Feb-2007 CA 90.00 287,550.00 286,235.71 01-Sep-2008 18 6.875% 34,346.90
Loan Group II 0011795103 Dec-2009 01-Feb-2007 NJ 90.00 360,000.00 359,564.69 01-Dec-2007 27 8.450% 71,394.42
Loan Group II 0011795833 Apr-2010 01-Feb-2007 NC 80.00 88,000.00 86,943.18 01-Aug-2009 7 9.640% 5,953.22
Loan Group II 0011795841 Apr-2010 01-Feb-2007 NY 66.67 400,000.00 397,093.71 01-Aug-2008 19 7.250% 49,702.38

Page 30
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period

First Original Current Approximate


Loan Month Loan Payment LTV at Principal Actual Months Current Delinquent
Group Number Entered FC Date State Origination Balance Balance Paid To Date Delinquent Loan Rate Interest
Loan Group II 0011796073 Jan-2010 01-Feb-2007 HI 80.00 568,000.00 565,452.78 01-Jan-2009 14 8.285% 63,398.33
Loan Group II 0011796977 Apr-2010 01-Feb-2007 FL 95.00 291,850.00 289,567.26 01-Jun-2009 9 5.000% 11,899.03
Loan Group II 0011797372 Jan-2010 01-Feb-2007 CA 80.00 240,000.00 239,142.73 01-Nov-2008 16 7.800% 26,843.85
Loan Group II 0011797476 Nov-2008 01-Feb-2007 NJ 80.00 256,000.00 253,344.65 01-Jun-2008 21 8.750% 39,846.27
Loan Group II 0011797608 Nov-2008 01-Feb-2007 FL 80.00 280,000.00 278,826.50 01-Oct-2008 17 7.750% 35,116.92
Loan Group II 0011797634 Sep-2008 01-Feb-2007 FL 80.00 173,600.00 173,159.50 01-Apr-2008 23 7.335% 24,601.98
Loan Group II 0011797905 Jul-2008 01-Feb-2007 CA 80.00 392,000.00 391,230.52 01-Feb-2008 25 7.625% 67,969.87
Loan Group II 0011798158 Sep-2008 01-Feb-2007 FL 80.00 368,000.00 363,872.78 01-Apr-2008 23 8.560% 61,344.13
Loan Group II 0011799936 Apr-2009 01-Feb-2007 NJ 85.00 561,000.00 557,905.65 01-May-2009 10 7.375% 42,976.54
Loan Group II 0011801068 May-2010 01-Feb-2007 CA 80.00 520,000.00 517,974.16 01-Sep-2008 18 7.125% 64,635.51
Loan Group II 0011801550 Apr-2010 01-Feb-2007 MD 80.00 300,000.00 297,721.40 01-Jul-2009 8 5.750% 12,987.87
Loan Group II 0011802283 Jan-2010 01-Feb-2007 CA 80.00 320,000.00 320,000.00 01-Aug-2008 19 6.990% 40,776.09
Loan Group II 0011802482 Jun-2009 01-Feb-2007 TN 85.00 327,250.00 318,626.40 01-Apr-2009 11 6.470% 20,470.98
Loan Group II 0011802735 May-2009 01-Feb-2007 MS 78.10 53,500.00 53,233.59 01-May-2009 10 9.945% 5,022.13
Loan Group II 0011803676 Jan-2010 01-Feb-2007 CA 95.00 441,750.00 440,226.92 01-Mar-2009 12 7.975% 43,134.59
Loan Group II 0011804709 Aug-2009 01-Feb-2007 CA 80.00 391,200.00 389,971.20 01-Mar-2008 24 6.550% 55,186.88
Loan Group II 0011806657 Dec-2009 01-Feb-2007 NY 80.00 360,000.00 359,879.24 01-Feb-2007 37 7.450% 77,545.11
Loan Group II 0011807578 Apr-2010 01-Feb-2007 FL 80.00 367,920.00 365,969.56 01-Mar-2008 24 7.160% 54,724.46
Loan Group II 0011808715 Jun-2009 01-Feb-2007 FL 80.00 232,000.00 230,090.15 01-Dec-2008 15 7.465% 25,890.58
Loan Group II 0011808877 Apr-2010 01-Feb-2007 FL 95.00 232,750.00 232,108.93 01-Jul-2009 8 3.250% 5,319.20
Loan Group II 0073955857 Feb-2009 14-Dec-2006 OH 85.00 144,500.00 157,291.38 14-Apr-2008 23 9.990% 32,116.93
Loan Group II 0073956777 Jul-2008 01-Dec-2006 PA 80.00 104,000.00 103,163.03 01-Jan-2008 26 8.990% 20,256.06
Loan Group II 0073957786 Jul-2007 09-Dec-2006 MI 80.00 100,000.00 99,825.76 09-Feb-2007 37 9.740% 27,894.06
Loan Group II 0073959282 Sep-2009 01-Jan-2007 FL 90.00 328,500.00 328,062.92 01-Jul-2007 32 9.470% 86,892.62
Loan Group II 0073960394 Apr-2009 01-Jan-2007 WI 84.00 50,400.00 50,040.14 01-Oct-2007 29 8.000% 10,253.95
Loan Group II 0073962098 Feb-2010 22-Dec-2006 NY 79.77 209,000.00 202,215.77 22-Nov-2008 16 6.840% 21,973.23
Loan Group II 0073967539 Sep-2009 01-Dec-2006 OK 85.00 454,175.00 453,476.43 01-Feb-2007 37 10.000% 133,417.72
Loan Group II 0073967683 Mar-2008 06-Dec-2006 FL 80.00 164,000.00 162,759.06 06-Aug-2007 31 7.990% 33,352.78
Loan Group II 2000254844 Apr-2010 01-Feb-2007 SC 80.00 156,000.00 153,238.23 01-Mar-2009 12 8.490% 14,213.14
Loan Group II 2000254846 Apr-2010 07-Jan-2007 SC 80.00 68,000.00 67,315.60 07-Jul-2008 20 9.490% 11,797.82
Loan Group II 2000254851 Feb-2009 01-Jan-2007 GA 80.00 123,120.00 120,820.99 01-Jan-2009 14 7.875% 13,429.28
Loan Group II 2000254861 Aug-2009 05-Jan-2007 SC 80.00 156,000.00 152,190.58 05-Mar-2009 12 6.875% 13,040.40
Loan Group II 2000254877 Apr-2010 01-Jan-2007 MS 80.00 220,000.00 218,836.99 01-Oct-2009 5 6.000% 7,021.00
Loan Group II 2000254884 Jul-2008 05-Jan-2007 SC 80.00 216,000.00 214,592.49 05-Jan-2008 26 9.640% 47,557.48
Loan Group II 2000254887 Jul-2009 07-Jan-2007 GA 80.00 106,720.00 105,353.79 07-May-2009 10 8.440% 8,335.60
Loan Group II 2000254907 Jan-2010 13-Jan-2007 FL 90.00 202,500.00 199,583.15 13-Feb-2009 13 9.390% 24,318.74
Loan Group II 2000254920 Jun-2009 11-Jan-2007 NC 68.15 245,000.00 240,356.35 11-Oct-2008 17 7.140% 28,966.66
Loan Group II 2000254922 Apr-2010 01-Feb-2007 NC 50.67 189,999.00 185,463.79 01-Sep-2009 6 8.890% 10,345.84
Loan Group II 2000254932 May-2010 08-Jan-2007 VA 80.00 245,600.00 235,559.26 08-Dec-2009 3 6.990% 6,363.28
Loan Group II 2000254935 Sep-2009 01-Jan-2007 TN 80.00 234,767.00 230,684.59 01-Jun-2009 9 5.000% 9,447.58

Page 31
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period

First Original Current Approximate


Loan Month Loan Payment LTV at Principal Actual Months Current Delinquent
Group Number Entered FC Date State Origination Balance Balance Paid To Date Delinquent Loan Rate Interest
Loan Group II 2000254941 Jan-2010 12-Jan-2007 TN 85.00 229,500.00 227,684.38 12-Jan-2008 26 8.690% 46,690.40
Loan Group II 2000254976 Jun-2008 22-Jan-2007 SC 73.53 125,000.00 123,164.34 22-Mar-2009 12 9.520% 12,915.78
Loan Group II 2000254989 Oct-2009 01-Feb-2007 NC 80.00 310,400.00 310,400.00 01-Jan-2009 14 7.340% 31,909.14
Loan Group II 2000255008 Jan-2010 01-Feb-2007 NC 90.00 190,800.00 200,117.06 01-Apr-2010 0 4.500% 1,290.16
Loan Group II 2000255030 May-2010 26-Jan-2007 NC 80.00 57,600.00 53,972.60 26-Dec-2009 3 9.690% 2,064.51
Loan Group II 2000255057 May-2010 11-Jan-2007 FL 90.00 205,200.00 195,733.58 01-Jan-2010 2 8.890% 5,470.65
Loan Group II 2000255065 Apr-2010 15-Jan-2007 OH 90.00 81,000.00 80,489.25 15-Feb-2009 13 8.890% 8,436.00
Loan Group II 2000255090 Feb-2009 01-Feb-2007 MI 80.00 102,400.00 101,368.35 01-Apr-2008 23 8.240% 17,420.15
Loan Group II 2000255093 May-2010 01-Feb-2007 NY 90.00 379,800.00 370,154.96 01-Apr-2009 11 8.500% 32,867.80
Loan Group II 2000255136 Feb-2010 01-Feb-2007 PA 90.00 162,000.00 159,325.32 01-Jul-2008 20 8.540% 23,295.58
Loan Group II 2000255141 Apr-2010 01-Jan-2007 PA 80.00 52,800.00 51,747.09 01-Oct-2009 5 9.000% 2,646.90
Loan Group II 2000255142 Apr-2010 01-Jan-2007 PA 80.00 96,000.00 94,495.25 01-Apr-2009 11 9.370% 9,682.76
Loan Group II 2000255143 Apr-2010 01-Jan-2007 PA 80.00 193,600.00 189,548.05 01-Feb-2009 13 7.500% 18,708.22
Loan Group II 2000255147 Jan-2008 01-Feb-2007 NY 79.46 599,920.00 597,208.30 01-Aug-2007 31 8.290% 132,943.44
Loan Group II 2000255152 Apr-2010 01-Jan-2007 PA 80.00 65,600.00 64,371.68 01-May-2009 10 8.690% 5,250.32
Loan Group II 2000255157 May-2010 01-Feb-2007 DE 80.00 80,000.00 77,063.01 01-Dec-2009 3 7.160% 2,174.54
Loan Group II 2000255158 Apr-2010 01-Feb-2007 DE 86.40 108,000.00 106,060.31 01-Jun-2009 9 7.750% 7,123.71
Loan Group II 2000255208 Sep-2009 01-Feb-2007 PA 90.00 196,200.00 192,173.81 01-Jul-2009 8 8.640% 13,580.52
Loan Group II 2000255222 Apr-2010 01-Jan-2007 IN 80.00 134,400.00 132,226.59 01-Apr-2009 11 9.625% 13,244.58
Loan Group II 2000255233 May-2009 01-Jan-2007 MI 85.00 132,600.00 131,222.51 01-Mar-2009 12 8.140% 11,633.98
Loan Group II 2000255246 Apr-2010 01-Feb-2007 MI 80.00 168,800.00 165,202.13 01-Dec-2008 15 6.690% 16,544.26
Loan Group II 2000255249 Jan-2010 03-Jan-2007 FL 90.00 175,500.00 173,743.83 03-Aug-2008 19 9.790% 28,099.51
Loan Group II 2000255265 Jan-2010 01-Feb-2007 IN 90.00 137,700.00 135,019.71 01-Jun-2009 9 8.490% 9,850.68
Loan Group II 2000255300 May-2010 01-Jan-2007 FL 80.00 236,000.00 232,757.24 01-Feb-2009 13 7.125% 19,997.18
Loan Group II 2000255302 Jul-2008 01-Jan-2007 FL 80.00 207,992.00 207,992.00 01-Jan-2008 26 8.190% 42,174.05
Loan Group II 2000255307 Sep-2008 01-Feb-2007 FL 85.00 246,500.00 244,093.25 01-Apr-2008 23 8.390% 42,484.45
Loan Group II 2000255308 Dec-2009 15-Jan-2007 FL 77.27 340,000.00 334,338.63 15-Nov-2008 16 7.990% 42,834.09
Loan Group II 2000255313 Jan-2010 01-Jan-2007 FL 85.00 157,250.00 155,786.89 01-Jun-2008 21 9.590% 28,652.57
Loan Group II 2000255314 May-2010 01-Feb-2007 FL 75.00 126,000.00 123,127.57 01-Nov-2009 4 9.040% 5,247.84
Loan Group II 2000255328 Feb-2009 01-Feb-2007 FL 80.00 131,920.00 129,808.99 01-Sep-2008 18 7.420% 14,858.24
Loan Group II 2000255339 Dec-2007 01-Feb-2007 FL 77.92 180,000.00 179,596.25 01-Jul-2007 32 7.120% 35,503.68
Loan Group II 2000255340 Dec-2007 01-Feb-2007 FL 80.00 260,800.00 260,800.00 01-Aug-2007 31 7.990% 57,004.20
Loan Group II 2000255341 Jan-2010 01-Feb-2007 FL 80.00 344,000.00 344,000.00 01-Nov-2008 16 7.340% 38,906.42
Loan Group II 2000255344 Jan-2010 26-Jan-2007 FL 82.88 213,000.00 210,354.74 26-May-2008 22 7.840% 34,112.13
Loan Group II 2000255352 Jan-2009 01-Feb-2007 FL 80.00 199,469.00 195,706.05 01-Sep-2008 18 6.590% 19,749.95
Loan Group II 2000255359 Feb-2010 01-Feb-2007 FL 80.00 201,155.00 200,853.08 01-Nov-2008 16 7.490% 23,590.14
Loan Group II 2000255360 Apr-2010 01-Feb-2007 FL 80.00 265,600.00 259,021.14 01-Apr-2009 11 7.250% 19,486.31
Loan Group II 2000255361 Jan-2010 01-Feb-2007 FL 80.00 191,920.00 189,187.15 01-Aug-2009 7 5.000% 6,389.91
Loan Group II 2000255364 Jan-2009 01-Feb-2007 FL 80.00 164,000.00 164,000.00 01-Aug-2008 19 8.940% 24,222.87
Loan Group II 2000255366 Oct-2009 01-Feb-2007 FL 84.73 202,500.00 200,619.17 01-Apr-2008 23 8.640% 36,036.02

Page 32
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period

First Original Current Approximate


Loan Month Loan Payment LTV at Principal Actual Months Current Delinquent
Group Number Entered FC Date State Origination Balance Balance Paid To Date Delinquent Loan Rate Interest
Loan Group II 2000255375 Apr-2010 01-Feb-2007 IL 90.00 211,500.00 208,570.94 01-Oct-2009 5 7.540% 8,599.13
Loan Group II 2000255379 May-2010 01-Feb-2007 IL 80.00 232,000.00 232,000.00 01-Nov-2009 4 7.290% 8,150.92
Loan Group II 2000255386 Feb-2009 01-Feb-2007 IL 80.00 79,920.00 78,856.43 01-Aug-2008 19 8.090% 11,231.90
Loan Group II 2000255396 Apr-2010 01-Jan-2007 IL 80.00 69,600.00 68,052.99 01-Jul-2009 8 8.125% 4,592.98
Loan Group II 2000255413 May-2010 01-Feb-2007 MO 80.00 152,000.00 148,997.54 01-Oct-2009 5 3.500% 2,593.06
Loan Group II 2000255418 Apr-2010 01-Feb-2007 IL 80.00 304,000.00 300,863.57 01-Nov-2008 16 7.790% 32,661.78
Loan Group II 2000255420 Apr-2010 01-Feb-2007 IL 53.00 212,000.00 210,925.62 01-Apr-2009 11 9.790% 21,200.24
Loan Group II 2000255427 Sep-2008 01-Feb-2007 IL 80.00 224,000.00 223,449.08 01-May-2007 34 8.480% 52,907.97
Loan Group II 2000255437 Apr-2010 01-Feb-2007 IL 80.00 280,000.00 271,756.38 01-May-2009 10 6.090% 15,092.47
Loan Group II 2000255440 Jan-2010 01-Jan-2007 MO 75.00 176,250.00 173,870.64 01-Apr-2009 11 10.140% 18,095.99
Loan Group II 2000255466 May-2010 01-Feb-2007 KS 80.00 193,600.00 187,492.47 01-Aug-2009 7 6.340% 8,174.44
Loan Group II 2000255483 May-2010 01-Feb-2007 IL 90.00 196,200.00 192,608.29 01-Sep-2009 6 9.370% 11,399.79
Loan Group II 2000255501 Jan-2009 01-Feb-2007 IL 80.00 308,000.00 303,777.83 01-Jul-2008 20 7.790% 41,068.28
Loan Group II 2000255503 Jan-2010 01-Feb-2007 WI 80.00 112,000.00 109,022.75 01-Jun-2009 9 6.890% 6,353.01
Loan Group II 2000255509 Jan-2010 01-Feb-2007 IL 80.00 720,000.00 718,020.22 01-Dec-2007 27 8.590% 139,830.16
Loan Group II 2000255515 Jan-2010 01-Feb-2007 WI 60.00 75,000.00 73,760.60 01-Feb-2009 13 8.440% 7,910.67
Loan Group II 2000255516 Aug-2008 01-Feb-2007 IN 90.00 72,000.00 71,375.66 01-Jun-2008 21 9.640% 12,473.36
Loan Group II 2000255521 May-2010 01-Feb-2007 IL 80.00 232,000.00 225,560.72 01-Sep-2009 6 7.190% 10,024.98
Loan Group II 2000255524 Apr-2010 01-Feb-2007 WI 90.00 307,800.00 300,543.15 01-Oct-2009 5 8.240% 13,535.75
Loan Group II 2000255526 Apr-2010 01-Feb-2007 IL 67.57 50,000.00 51,146.77 01-May-2009 10 8.390% 3,916.80
Loan Group II 2000255557 Apr-2010 01-Feb-2007 IL 80.00 117,200.00 114,830.04 01-Dec-2008 15 6.990% 11,823.51
Loan Group II 2000255558 Nov-2009 01-Feb-2007 WI 89.00 210,040.00 208,866.39 01-May-2009 10 6.000% 11,449.97
Loan Group II 2000255559 Mar-2010 01-Feb-2007 IL 87.47 335,000.00 327,890.14 01-May-2009 10 7.790% 23,973.08
Loan Group II 2000255565 Apr-2010 01-Feb-2007 IL 90.00 225,000.00 220,951.37 01-Jun-2009 9 9.140% 17,439.14
Loan Group II 2000255582 Nov-2009 01-Feb-2007 IL 80.00 176,800.00 174,703.43 01-Feb-2009 13 6.390% 14,528.91
Loan Group II 2000255604 Feb-2009 01-Feb-2007 MO 84.96 113,000.00 112,296.92 01-Mar-2008 24 10.240% 23,561.61
Loan Group II 2000255607 May-2009 01-Feb-2007 IL 90.00 124,200.00 122,306.13 01-May-2009 10 9.540% 11,061.57
Loan Group II 2000255615 May-2010 01-Feb-2007 IL 89.41 152,000.00 150,188.41 01-Nov-2009 4 9.080% 6,438.18
Loan Group II 2000255625 Apr-2009 01-Feb-2007 IL 90.00 291,600.00 290,523.93 01-Jan-2008 26 7.880% 49,797.90
Loan Group II 2000255638 Jan-2010 13-Jan-2007 MA 80.00 385,600.00 382,103.00 13-Sep-2008 18 6.840% 40,268.14
Loan Group II 2000255653 Apr-2010 20-Jan-2007 FL 55.47 208,000.00 202,322.47 20-Oct-2009 5 7.640% 8,411.06
Loan Group II 2000255663 Apr-2010 01-Feb-2007 FL 75.47 200,000.00 195,979.51 01-Mar-2009 12 7.590% 17,699.96
Loan Group II 2000255674 Apr-2010 01-Feb-2007 CA 89.11 450,000.00 438,822.28 01-Nov-2009 4 5.990% 12,008.04
Loan Group II 2000255682 May-2010 01-Feb-2007 CA 67.44 290,000.00 281,496.68 01-Oct-2009 5 6.840% 10,755.74
Loan Group II 2000255684 May-2009 01-Jan-2007 AZ 90.00 220,500.00 215,669.03 01-Mar-2009 12 7.500% 19,680.83
Loan Group II 2000255686 Mar-2009 01-Feb-2007 CA 75.00 352,500.00 350,849.63 01-Jul-2008 20 8.540% 55,375.95
Loan Group II 2000255696 Jan-2010 01-Feb-2007 CA 90.00 319,500.00 318,309.82 01-Feb-2008 25 8.140% 58,073.56
Loan Group II 2000255699 Feb-2009 01-Feb-2007 CA 80.00 590,000.00 590,000.00 01-Mar-2009 12 7.890% 56,448.32
Loan Group II 2000255726 Sep-2008 01-Feb-2007 MD 75.00 117,000.00 116,575.46 01-May-2008 22 8.990% 19,736.18
Loan Group II 2000255749 Jan-2010 01-Feb-2007 OR 80.00 276,800.00 276,714.06 01-Feb-2008 25 7.370% 46,245.81

Page 33
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period

First Original Current Approximate


Loan Month Loan Payment LTV at Principal Actual Months Current Delinquent
Group Number Entered FC Date State Origination Balance Balance Paid To Date Delinquent Loan Rate Interest
Loan Group II 2000255753 Apr-2010 01-Jan-2007 OR 85.00 176,800.00 180,911.67 01-Sep-2009 6 7.500% 8,430.64
Loan Group II 2000255762 May-2010 01-Jan-2007 OR 80.00 266,400.00 266,400.00 01-Mar-2009 12 7.940% 25,787.52
Loan Group II 2000255789 Apr-2010 20-Jan-2007 ID 85.00 216,750.00 211,929.69 20-Aug-2009 7 8.375% 13,373.16
Loan Group II 2000255790 May-2010 01-Feb-2007 WA 80.00 400,000.00 400,000.00 01-Jan-2009 14 6.990% 39,653.28
Loan Group II 2000255806 Mar-2009 01-Feb-2007 ID 70.00 175,000.00 172,408.15 01-Feb-2009 13 8.990% 19,943.93
Loan Group II 2000255809 Nov-2008 01-Feb-2007 MT 80.00 216,800.00 216,798.03 01-Mar-2009 12 6.340% 16,686.30
Loan Group II 2000255810 Apr-2010 01-Feb-2007 WA 80.00 320,000.00 320,000.00 01-Feb-2008 25 7.710% 55,285.41
Loan Group II 2000255818 Apr-2010 01-Feb-2007 WA 80.00 220,000.00 216,662.35 01-Apr-2009 11 9.625% 21,885.27
Loan Group II 2000255824 Jan-2010 01-Jan-2007 FL 80.00 238,400.00 285,254.95 01-Apr-2010 0 2.000% 645.51
Loan Group II 2000255832 Apr-2010 06-Jan-2007 FL 80.00 148,000.00 146,482.43 01-Jan-2009 14 8.125% 15,592.34
Loan Group II 2000255842 Jan-2010 01-Jan-2007 FL 80.00 280,000.00 277,602.78 01-Aug-2008 19 6.990% 35,944.69
Loan Group II 2000255843 Jan-2010 05-Jan-2007 PA 80.75 161,500.00 160,998.64 05-Dec-2007 27 8.625% 33,679.77
Loan Group II 2000255846 Apr-2010 01-Feb-2007 FL 80.00 164,000.00 164,000.00 01-Jun-2009 9 6.000% 8,268.37
Loan Group II 2000255859 Apr-2009 01-Feb-2007 LA 80.00 168,000.00 165,652.60 01-Aug-2008 19 7.840% 22,832.38
Loan Group II 2000255867 May-2010 01-Jan-2007 AZ 78.57 165,000.00 159,970.59 01-Jul-2009 8 6.490% 7,944.94
Loan Group II 2000255868 Jan-2010 01-Jan-2007 AZ 65.00 289,250.00 286,879.19 01-Feb-2009 13 8.125% 30,641.77
Loan Group II 2000255872 May-2010 01-Feb-2007 AZ 80.00 161,600.00 161,453.61 01-Aug-2009 7 7.625% 8,627.67
Loan Group II 2000255877 Sep-2009 01-Feb-2007 AZ 80.00 200,000.00 145,042.91 01-May-2010 (1) 7.990% 1,232.57
Loan Group II 2000255887 Apr-2009 01-Feb-2007 AZ 80.00 207,870.00 228,053.84 01-May-2010 (1) 8.590% 1,401.39
Loan Group II 2000255911 May-2010 01-Feb-2007 AZ 85.00 357,000.00 353,363.12 01-Oct-2009 5 5.000% 9,254.20
Loan Group II 2000255929 Jul-2009 01-Feb-2007 FL 85.00 197,200.00 195,422.80 01-Feb-2009 13 8.850% 22,345.44
Loan Group II 2000255937 Jan-2009 01-Jan-2007 CA 70.00 252,000.00 249,787.82 01-Jul-2008 20 9.540% 42,820.25
Loan Group II 2000255941 Jan-2010 01-Feb-2007 FL 85.00 163,200.00 163,200.00 01-Apr-2008 23 7.340% 25,149.12
Loan Group II 2000255959 Nov-2009 01-Feb-2007 NV 85.00 208,250.00 206,266.55 01-May-2009 10 5.000% 9,243.77
Loan Group II 2000255972 May-2010 01-Feb-2007 AZ 85.00 119,000.00 118,055.48 01-Jun-2009 9 8.500% 9,174.68
Loan Group II 2000255976 Apr-2010 01-Feb-2007 NV 78.00 156,000.00 154,962.92 01-May-2009 10 8.990% 13,136.62
Loan Group II 2000255992 May-2010 01-Feb-2007 NV 80.00 87,200.00 84,928.77 01-Dec-2009 3 8.790% 2,929.01
Loan Group II 2000255996 Jun-2009 01-Feb-2007 AZ 76.34 200,000.00 223,063.31 01-May-2010 (1) 2.000% 278.95
Loan Group II 2000256018 Jan-2010 01-Jan-2007 MN 89.29 200,000.00 198,649.22 01-Aug-2008 19 7.790% 28,429.24
Loan Group II 2000256041 May-2010 01-Feb-2007 CO 74.43 280,000.00 276,088.22 01-Aug-2009 7 8.540% 17,302.44
Loan Group II 2000256048 May-2009 01-Jan-2007 CO 85.00 331,500.00 326,443.38 01-Nov-2008 16 8.500% 43,842.02
Loan Group II 2000256051 Jan-2010 01-Jan-2007 FL 70.69 194,400.00 192,222.42 01-Apr-2008 23 8.125% 33,096.59
Loan Group II 2000256059 May-2010 01-Feb-2007 NE 85.00 90,015.00 89,201.78 01-Jun-2009 9 9.799% 7,580.51
Loan Group II 2000256083 May-2010 01-Feb-2007 WI 83.70 113,000.00 109,518.76 01-Dec-2009 3 9.140% 3,937.06
Loan Group II 2000256120 May-2008 01-Feb-2007 MN 88.98 105,000.00 104,674.39 01-Jan-2008 26 8.490% 20,642.34
Loan Group II 2000256121 May-2010 01-Feb-2007 MN 90.00 234,000.00 225,978.42 01-Jan-2010 2 6.390% 4,428.95
Loan Group II 2000256124 Jan-2010 01-Feb-2007 MN 83.60 209,000.00 205,821.19 01-Jan-2009 14 8.690% 24,881.57
Loan Group II 2000256125 Apr-2010 01-Feb-2007 IA 80.00 73,760.00 72,774.24 01-Dec-2009 3 10.190% 2,925.61
Loan Group II 2000256148 May-2009 01-Jan-2007 CA 80.00 294,000.00 293,826.30 01-Apr-2009 11 7.890% 25,971.76
Loan Group II 2000256156 Oct-2008 01-Jan-2007 FL 80.00 580,000.00 580,000.00 01-Jun-2007 33 8.490% 148,697.40

Page 34
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period

First Original Current Approximate


Loan Month Loan Payment LTV at Principal Actual Months Current Delinquent
Group Number Entered FC Date State Origination Balance Balance Paid To Date Delinquent Loan Rate Interest
Loan Group II 2000256160 Apr-2010 01-Jan-2007 CA 74.60 188,000.00 187,501.36 01-Jan-2009 14 7.500% 20,000.05
Loan Group II 2000256166 Jun-2009 01-Jan-2007 CA 80.00 320,000.00 319,690.88 01-Dec-2008 15 9.990% 39,250.17
Loan Group II 2000256184 Feb-2008 01-Feb-2007 CA 80.00 237,600.00 237,600.00 01-Oct-2007 29 6.840% 41,671.08
Loan Group II 2000256185 Mar-2009 01-Feb-2007 CA 80.00 240,000.00 240,000.00 01-May-2008 22 7.190% 34,956.00
Loan Group II 2000256192 May-2010 01-Feb-2007 CA 80.00 297,600.00 294,216.28 01-Jun-2009 9 6.990% 17,461.61
Loan Group II 2000256193 Jan-2010 01-Feb-2007 CA 80.00 175,920.00 175,913.70 01-Oct-2008 17 8.190% 23,503.47
Loan Group II 2000256211 Dec-2009 01-Feb-2007 CA 80.00 259,200.00 256,535.38 01-Mar-2009 12 7.490% 23,089.58
Loan Group II 2000256214 Mar-2009 01-Feb-2007 CA 80.00 340,000.00 339,879.44 01-Dec-2008 15 7.090% 35,673.10
Loan Group II 2000256215 Jan-2010 01-Feb-2007 CA 90.00 274,500.00 62,018.26 01-Jan-2010 2 7.490% 6,395.72
Loan Group II 2000256250 Mar-2010 01-Feb-2007 TX 90.00 72,000.00 71,157.49 01-Jun-2009 9 11.040% 6,858.83
Loan Group II 2000256254 Jan-2010 01-Feb-2007 TX 80.00 134,000.00 132,561.49 01-Aug-2008 19 9.340% 20,569.11
Loan Group II 2000256272 Mar-2010 01-Feb-2007 OK 80.00 449,600.00 449,597.46 01-Nov-2008 16 7.650% 48,219.30
Loan Group II 2000256289 May-2010 01-Feb-2007 NJ 90.00 126,000.00 124,892.24 01-May-2008 22 9.530% 23,190.54
Loan Group II 2000256304 Jan-2010 01-Feb-2007 NJ 80.00 160,000.00 159,496.20 01-Dec-2007 27 8.120% 31,045.01
Loan Group II 2000256311 Sep-2008 01-Feb-2007 NJ 80.00 360,000.00 360,000.00 01-Apr-2008 23 6.790% 51,105.00
Loan Group II 2000256313 Jan-2010 01-Jan-2007 FL 83.69 272,000.00 270,868.56 01-May-2008 22 8.875% 49,123.48
Loan Group II 2000256315 Mar-2009 01-Jan-2007 NJ 80.00 318,400.00 312,288.59 01-Jan-2009 14 9.240% 40,410.01
Loan Group II 2000256321 Jan-2010 01-Jan-2007 NJ 80.00 176,000.00 176,000.00 01-Oct-2008 17 8.740% 27,068.91
Loan Group II 2000256326 Jan-2010 01-Feb-2007 NJ 80.00 372,000.00 372,000.00 01-Jun-2007 33 8.020% 85,715.00
Loan Group II 2000256327 Mar-2008 01-Feb-2007 NJ 84.91 188,500.00 187,891.76 01-Feb-2008 25 8.640% 36,377.89
Loan Group II 2000256328 Jan-2010 01-Feb-2007 NJ 76.62 544,000.00 530,977.01 01-Apr-2009 11 6.990% 37,106.87
Loan Group II 2000256335 May-2010 01-Feb-2007 PA 85.00 127,500.00 126,392.98 01-Nov-2009 4 6.500% 3,786.67
Loan Group II 2000256337 Nov-2008 01-Feb-2007 NJ 89.57 564,300.00 560,069.95 01-Jun-2008 21 10.340% 105,954.46
Loan Group II 2000256343 Sep-2007 01-Feb-2007 NJ 80.00 292,000.00 291,528.33 01-Mar-2007 36 7.090% 61,373.59
Loan Group II 2000256350 Jan-2010 01-Feb-2007 NJ 85.00 276,250.00 274,316.76 01-Nov-2007 28 7.940% 53,446.03
Loan Group II 2000256351 Jul-2009 01-Feb-2007 NJ 80.00 176,000.00 173,493.87 01-Apr-2009 11 7.420% 12,934.51
Loan Group II 2000256352 Mar-2009 01-Feb-2007 NJ 89.66 260,000.00 256,890.16 01-Jul-2008 20 8.340% 39,303.24
Loan Group II 2000256354 Apr-2009 01-Feb-2007 NJ 80.00 256,000.00 252,529.11 01-Oct-2008 17 8.540% 34,692.48
Loan Group II 2000256357 Apr-2009 01-Jan-2007 CA 60.27 220,000.00 220,000.00 01-Feb-2009 13 7.990% 23,164.12
Loan Group II 2000256371 Jan-2009 01-Feb-2007 CA 60.00 252,000.00 249,597.25 01-Nov-2008 16 6.990% 27,051.40
Loan Group II 2000280759 Jun-2009 20-Dec-2006 AL 80.00 111,600.00 111,175.74 20-Sep-2008 18 10.125% 19,361.13
Loan Group II 2000280767 Apr-2010 05-Feb-2007 VA 95.00 221,350.00 218,863.70 05-Sep-2008 18 9.220% 31,634.40
Loan Group II 2000280775 May-2009 27-Jan-2007 SC 59.77 312,000.00 309,061.15 27-Dec-2008 15 7.250% 34,097.76
Loan Group II 2000280799 Apr-2010 04-Feb-2007 TN 95.00 104,500.00 103,798.50 02-Apr-2008 23 10.390% 21,269.30
Loan Group II 2000280819 Apr-2010 27-Jan-2007 NC 84.19 218,900.00 214,845.14 27-Aug-2009 7 5.000% 7,219.63
Loan Group II 2000280828 Jan-2010 10-Feb-2007 GA 94.72 169,550.00 168,661.44 10-Nov-2008 16 9.190% 23,738.42
Loan Group II 2000280877 Aug-2009 02-Feb-2007 NC 80.00 88,800.00 87,842.32 01-Mar-2009 12 3.000% 3,007.61
Loan Group II 2000280878 Jan-2010 01-Feb-2007 VA 85.00 344,250.00 340,159.85 01-Sep-2008 18 8.940% 47,540.37
Loan Group II 2000280884 Apr-2010 01-Feb-2007 LA 90.00 72,000.00 71,240.03 01-Oct-2008 17 9.790% 10,770.54
Loan Group II 2000280915 Jan-2010 04-Feb-2007 NC 85.00 161,500.00 159,690.98 04-May-2008 22 8.040% 23,882.77

Page 35
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period

First Original Current Approximate


Loan Month Loan Payment LTV at Principal Actual Months Current Delinquent
Group Number Entered FC Date State Origination Balance Balance Paid To Date Delinquent Loan Rate Interest
Loan Group II 2000280927 Nov-2009 08-Feb-2007 GA 90.00 397,294.00 392,954.39 08-May-2009 10 3.000% 9,737.59
Loan Group II 2000280929 Apr-2010 03-Feb-2007 NC 80.00 74,160.00 72,378.98 03-Oct-2009 5 8.640% 3,579.04
Loan Group II 2000280938 May-2010 19-Feb-2007 GA 80.00 108,000.00 106,908.24 19-Dec-2009 3 8.690% 3,647.12
Loan Group II 2000280947 May-2010 26-Feb-2007 GA 90.00 274,500.00 265,978.77 01-Dec-2009 3 5.500% 5,526.24
Loan Group II 2000280957 May-2010 02-Mar-2007 TN 80.00 62,400.00 61,661.12 01-Mar-2008 24 7.440% 9,435.52
Loan Group II 2000280975 May-2010 12-Feb-2007 TN 80.00 95,200.00 92,964.02 12-Nov-2009 4 8.140% 3,688.77
Loan Group II 2000280979 Apr-2010 01-Mar-2007 SC 80.00 121,600.00 118,036.61 01-Oct-2009 5 7.240% 4,680.42
Loan Group II 2000280981 May-2010 18-Feb-2007 SC 90.00 162,000.00 158,821.43 16-Sep-2009 6 8.790% 9,149.43
Loan Group II 2000280991 Aug-2009 01-Mar-2007 NC 90.00 169,200.00 169,200.00 01-Aug-2007 31 8.750% 39,233.31
Loan Group II 2000280995 Jun-2009 22-Feb-2007 NC 95.00 375,250.00 368,997.52 22-Jun-2009 9 8.590% 27,330.89
Loan Group II 2000280999 Apr-2010 01-Mar-2007 AL 80.00 285,600.00 278,737.34 01-May-2009 10 6.970% 17,934.42
Loan Group II 2000281012 Jan-2010 02-Mar-2007 FL 85.00 153,000.00 151,222.96 02-Aug-2008 19 8.490% 21,685.32
Loan Group II 2000281015 Apr-2010 01-Mar-2007 SC 80.00 279,200.00 271,774.42 01-Jul-2009 8 6.990% 14,631.10
Loan Group II 2000281025 May-2009 01-Mar-2007 NC 95.00 193,230.00 189,444.16 01-Apr-2009 11 8.190% 15,705.09
Loan Group II 2000281034 May-2010 26-Feb-2007 TN 80.00 132,000.00 129,308.07 26-Apr-2009 11 7.840% 10,237.80
Loan Group II 2000281039 May-2010 01-Mar-2007 NC 90.00 111,600.00 109,395.50 01-Oct-2009 5 9.490% 5,725.34
Loan Group II 2000281044 Apr-2010 01-Mar-2007 SC 90.00 220,500.00 216,398.26 01-Oct-2009 5 9.190% 10,946.83
Loan Group II 2000281063 May-2010 01-Mar-2007 NY 90.00 75,600.00 74,563.91 01-Mar-2009 12 9.640% 7,959.39
Loan Group II 2000281137 Jul-2008 01-Mar-2007 NJ 90.00 185,400.00 184,191.84 01-Mar-2008 24 9.640% 36,319.20
Loan Group II 2000281151 Aug-2008 01-Feb-2007 NY 80.00 520,000.00 519,990.00 01-Feb-2008 25 7.740% 91,258.38
Loan Group II 2000281156 Apr-2010 01-Mar-2007 PA 80.00 89,276.00 88,158.48 01-May-2009 10 6.470% 5,489.37
Loan Group II 2000281168 Jan-2010 01-Mar-2007 NY 80.00 84,000.00 83,707.99 01-Jul-2007 32 7.890% 17,657.86
Loan Group II 2000281170 Mar-2010 01-Mar-2007 PA 80.00 119,600.00 117,240.76 01-Dec-2008 15 8.740% 13,602.47
Loan Group II 2000281182 Apr-2010 01-Mar-2007 FL 90.00 444,510.00 432,310.56 01-Sep-2009 6 7.440% 20,043.88
Loan Group II 2000281193 Dec-2007 01-Mar-2007 PA 80.00 224,000.00 222,178.86 01-Apr-2008 23 8.940% 39,728.66
Loan Group II 2000281204 Jan-2010 01-Mar-2007 PA 90.00 189,000.00 187,638.62 01-Dec-2008 15 7.000% 17,135.25
Loan Group II 2000281214 Jan-2010 01-Mar-2007 PA 90.00 230,400.00 228,850.68 01-Dec-2007 27 8.140% 42,778.25
Loan Group II 2000281220 Nov-2009 01-Mar-2007 PA 80.00 240,000.00 240,000.00 01-Dec-2008 15 7.590% 24,106.00
Loan Group II 2000281232 Apr-2010 02-Feb-2007 OH 80.00 191,200.00 185,340.00 02-Oct-2009 5 6.620% 6,992.23
Loan Group II 2000281240 Sep-2008 27-Jan-2007 IN 80.00 139,200.00 137,351.54 27-Mar-2008 24 7.110% 21,710.25
Loan Group II 2000281241 Apr-2010 27-Jan-2007 IN 75.00 73,500.00 72,027.77 27-May-2009 10 9.125% 6,323.92
Loan Group II 2000281251 Jan-2010 04-Feb-2007 KY 80.00 127,920.00 126,758.80 04-Jun-2009 9 7.890% 9,302.88
Loan Group II 2000281287 May-2010 01-Mar-2007 OH 80.00 93,195.00 92,132.20 01-Nov-2009 4 7.840% 3,382.12
Loan Group II 2000281302 Jan-2010 01-Mar-2007 KY 40.46 70,000.00 69,146.05 01-Aug-2008 19 8.240% 9,605.01
Loan Group II 2000281309 Apr-2010 01-Mar-2007 KY 80.00 106,000.00 106,000.00 01-Jul-2009 8 7.140% 5,999.59
Loan Group II 2000281314 Feb-2009 01-Dec-2006 FL 80.00 144,000.00 143,126.72 01-Dec-2008 15 9.750% 20,653.08
Loan Group II 2000281316 Jan-2010 01-Feb-2007 FL 80.00 165,600.00 164,932.70 01-Apr-2008 23 8.390% 28,870.01
Loan Group II 2000281320 Aug-2009 01-Mar-2007 FL 80.00 152,000.00 152,000.00 01-Feb-2009 13 7.740% 14,531.25
Loan Group II 2000281328 Apr-2009 01-Mar-2007 FL 89.66 182,000.00 164,514.88 01-May-2010 (1) 8.650% 1,204.47
Loan Group II 2000281329 Mar-2009 18-Feb-2007 FL 79.85 131,750.00 130,965.42 18-Sep-2008 18 8.090% 17,907.84

Page 36
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period

First Original Current Approximate


Loan Month Loan Payment LTV at Principal Actual Months Current Delinquent
Group Number Entered FC Date State Origination Balance Balance Paid To Date Delinquent Loan Rate Interest
Loan Group II 2000281330 Aug-2008 01-Mar-2007 FL 80.00 103,920.00 102,802.57 01-Mar-2008 24 7.140% 15,054.82
Loan Group II 2000281336 Apr-2009 01-Feb-2007 FL 80.00 245,600.00 245,600.00 01-Apr-2009 11 6.930% 19,002.30
Loan Group II 2000281339 Jun-2009 02-Feb-2007 FL 85.00 204,850.00 203,491.30 02-Dec-2008 15 8.240% 24,608.00
Loan Group II 2000281340 Jan-2010 18-Feb-2007 FL 85.00 187,000.00 186,506.15 18-Jan-2008 26 9.040% 39,092.29
Loan Group II 2000281344 Apr-2010 01-Feb-2007 FL 80.00 112,000.00 112,000.00 01-Jun-2009 9 6.740% 6,406.40
Loan Group II 2000281350 Jan-2009 01-Feb-2007 FL 80.00 412,240.00 401,846.02 01-Mar-2009 12 6.490% 27,882.91
Loan Group II 2000281351 Nov-2008 01-Mar-2007 FL 80.00 176,000.00 175,989.00 01-Jun-2008 21 7.090% 23,170.41
Loan Group II 2000281353 Sep-2008 01-Feb-2007 FL 80.00 196,000.00 196,000.00 01-Aug-2008 19 8.040% 28,233.75
Loan Group II 2000281354 May-2009 01-Feb-2007 FL 80.00 212,200.00 212,168.29 01-Nov-2008 16 7.690% 25,396.62
Loan Group II 2000281357 Apr-2010 17-Feb-2007 FL 80.00 224,000.00 222,540.11 17-Jul-2008 20 7.490% 30,965.74
Loan Group II 2000281361 Jan-2009 18-Feb-2007 FL 65.00 279,500.00 274,459.05 18-Sep-2008 18 6.790% 31,512.92
Loan Group II 2000281362 Jul-2009 10-Feb-2007 FL 80.00 288,000.00 307,675.98 01-May-2010 0 2.000% 735.67
Loan Group II 2000281368 Apr-2010 01-Mar-2007 FL 80.00 420,400.00 418,192.11 01-Sep-2007 30 7.540% 79,256.88
Loan Group II 2000281373 Jan-2010 01-Mar-2007 FL 84.94 296,000.00 291,734.37 01-Jul-2008 20 7.200% 36,731.48
Loan Group II 2000281386 Apr-2010 01-Mar-2007 FL 80.00 80,000.00 78,276.03 01-Oct-2009 5 8.430% 3,630.61
Loan Group II 2000281387 Jan-2010 18-Feb-2007 FL 79.55 175,000.00 173,208.74 18-Feb-2008 25 7.390% 28,488.56
Loan Group II 2000281391 May-2008 01-Mar-2007 FL 80.00 269,600.00 269,600.00 01-Dec-2007 27 7.560% 47,521.63
Loan Group II 2000281393 May-2009 24-Feb-2007 FL 81.63 200,000.00 196,263.52 24-Nov-2008 16 7.140% 21,669.21
Loan Group II 2000281395 May-2009 01-Mar-2007 FL 80.00 168,000.00 168,000.00 01-Nov-2008 16 6.000% 13,860.00
Loan Group II 2000281396 May-2010 01-Mar-2007 FL 74.75 225,000.00 221,498.17 01-Jul-2009 8 6.750% 11,481.48
Loan Group II 2000281397 May-2009 01-Mar-2007 FL 80.00 120,000.00 118,588.21 01-Jun-2008 21 7.790% 16,925.35
Loan Group II 2000281413 Jan-2010 01-Mar-2007 MI 85.00 110,075.00 109,676.41 01-Mar-2009 12 10.640% 12,981.00
Loan Group II 2000281418 Jan-2010 01-Mar-2007 IL 88.68 235,000.00 231,885.82 01-Oct-2008 17 8.390% 28,806.27
Loan Group II 2000281430 May-2010 01-Mar-2007 IL 80.00 391,920.00 388,265.05 01-Aug-2009 7 7.920% 21,731.96
Loan Group II 2000281438 Jan-2010 01-Mar-2007 WI 67.77 410,000.00 399,647.44 01-Jul-2009 8 6.990% 21,791.32
Loan Group II 2000281444 Nov-2009 01-Mar-2007 IL 92.75 227,230.00 223,508.84 01-Oct-2008 17 7.340% 24,100.27
Loan Group II 2000281445 Apr-2010 01-Mar-2007 IL 80.00 336,000.00 334,305.71 01-Jun-2008 21 7.840% 46,852.32
Loan Group II 2000281487 May-2010 01-Feb-2007 KS 95.00 63,650.00 62,782.25 01-Apr-2009 11 9.890% 6,363.87
Loan Group II 2000281500 May-2010 01-Mar-2007 IL 90.00 115,200.00 112,449.37 01-Sep-2009 6 1.750% 929.29
Loan Group II 2000281519 May-2010 01-Mar-2007 IL 79.25 210,000.00 202,577.21 01-Jan-2010 2 6.890% 4,307.88
Loan Group II 2000281528 Apr-2010 01-Mar-2007 IL 85.00 284,750.00 283,240.59 01-Jul-2008 20 7.890% 38,263.16
Loan Group II 2000281529 Jan-2010 01-Mar-2007 IL 80.00 184,000.00 181,337.00 01-Oct-2008 17 7.940% 21,204.49
Loan Group II 2000281533 Jan-2010 01-Mar-2007 IL 90.00 216,000.00 214,788.89 01-Jul-2008 20 7.690% 28,204.29
Loan Group II 2000281537 May-2010 01-Mar-2007 WI 80.00 108,000.00 106,406.83 01-Jun-2009 9 9.700% 8,946.06
Loan Group II 2000281551 Feb-2009 01-Mar-2007 IL 80.00 292,000.00 289,640.90 01-Oct-2008 17 6.990% 30,981.98
Loan Group II 2000281563 Nov-2008 01-Mar-2007 IL 80.00 152,000.00 149,954.08 01-Dec-2008 15 8.830% 17,596.80
Loan Group II 2000281566 May-2010 01-Mar-2007 MO 90.00 94,050.00 92,057.19 01-Nov-2009 4 8.770% 3,823.67
Loan Group II 2000281573 Apr-2010 01-Mar-2007 IL 81.05 201,000.00 200,107.02 01-Jan-2009 14 8.540% 21,403.24
Loan Group II 2000281580 Nov-2009 01-Mar-2007 WI 85.00 181,050.00 177,813.86 01-Aug-2009 7 9.120% 11,463.81
Loan Group II 2000281599 Apr-2010 01-Mar-2007 MO 90.00 84,600.00 83,432.13 01-Apr-2009 11 9.620% 8,243.17

Page 37
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period

First Original Current Approximate


Loan Month Loan Payment LTV at Principal Actual Months Current Delinquent
Group Number Entered FC Date State Origination Balance Balance Paid To Date Delinquent Loan Rate Interest
Loan Group II 2000281602 Jan-2010 01-Mar-2007 WI 80.00 116,000.00 116,000.00 01-Jan-2008 26 7.740% 20,187.96
Loan Group II 2000281605 Feb-2010 01-Mar-2007 WI 75.00 97,500.00 95,857.64 01-Feb-2009 13 8.440% 9,884.77
Loan Group II 2000281614 Mar-2008 01-Mar-2007 IL 90.00 607,500.00 603,686.65 01-Nov-2007 28 7.940% 111,028.56
Loan Group II 2000281643 Feb-2009 28-Jan-2007 ME 80.00 148,000.00 145,366.81 31-Jan-2009 14 8.125% 16,895.71
Loan Group II 2000281651 Jan-2009 01-Mar-2007 CT 51.72 120,000.00 117,654.81 01-Nov-2008 16 8.090% 13,862.21
Loan Group II 2000281655 May-2010 16-Feb-2007 CT 80.00 272,000.00 268,828.22 16-Jan-2009 14 6.980% 23,157.90
Loan Group II 2000281663 Apr-2010 18-Feb-2007 ME 85.00 233,750.00 228,342.97 18-Sep-2009 6 7.990% 11,983.30
Loan Group II 2000281690 Apr-2010 01-Mar-2007 MI 89.78 202,000.00 197,233.99 01-Jul-2009 8 7.590% 11,627.93
Loan Group II 2000281693 Jan-2009 01-Feb-2007 CA 80.00 276,000.00 276,000.00 01-Feb-2008 25 6.290% 39,295.50
Loan Group II 2000281699 Mar-2010 01-Feb-2007 IN 80.00 188,000.00 188,000.00 01-Sep-2008 18 6.870% 22,318.78
Loan Group II 2000281702 Apr-2010 01-Feb-2007 CA 90.00 544,500.00 532,335.89 01-Mar-2009 12 6.000% 33,885.06
Loan Group II 2000281732 Jan-2010 01-Mar-2007 FL 89.60 139,500.00 138,826.32 01-Oct-2007 29 8.640% 28,900.64
Loan Group II 2000281733 Mar-2009 01-Mar-2007 CA 60.85 286,000.00 283,164.16 01-Mar-2009 12 7.090% 22,867.01
Loan Group II 2000281741 Jan-2010 01-Mar-2007 CA 88.37 380,000.00 379,910.93 01-May-2009 10 6.140% 21,426.96
Loan Group II 2000281742 Oct-2009 01-Mar-2007 CA 45.08 275,000.00 273,194.60 01-Aug-2008 19 7.340% 33,864.63
Loan Group II 2000281749 Apr-2010 12-Feb-2007 MD 77.80 125,250.00 123,740.23 12-Jun-2009 9 10.890% 11,762.02
Loan Group II 2000281750 May-2010 01-Mar-2007 LA 80.00 212,000.00 208,526.79 01-Dec-2009 3 2.125% 1,405.61
Loan Group II 2000281766 Jan-2010 27-Jan-2007 MD 80.00 328,000.00 259,604.22 01-Mar-2010 0 7.250% 3,637.56
Loan Group II 2000281788 Feb-2009 28-Jan-2007 MD 90.00 193,500.00 186,905.61 28-Apr-2009 11 9.030% 17,199.56
Loan Group II 2000281793 May-2010 10-Feb-2007 MD 88.43 214,000.00 211,754.07 10-Oct-2009 5 7.840% 9,437.96
Loan Group II 2000281799 May-2010 01-Feb-2007 MD 80.00 172,720.00 168,266.62 01-Jul-2009 8 3.000% 3,474.44
Loan Group II 2000281820 May-2010 05-Mar-2007 VA 56.67 170,000.00 167,876.18 01-Nov-2009 4 5.000% 3,769.86
Loan Group II 2000281824 Apr-2010 01-Mar-2007 MD 80.00 168,000.00 166,772.82 01-Sep-2009 6 5.940% 6,035.36
Loan Group II 2000281829 Apr-2009 01-Mar-2007 MD 80.00 289,600.00 289,600.00 01-Jan-2009 14 7.640% 28,974.40
Loan Group II 2000281842 Mar-2010 01-Feb-2007 ID 90.00 220,500.00 212,998.50 01-Aug-2009 7 5.890% 8,567.81
Loan Group II 2000281858 Jul-2009 01-Feb-2007 OR 67.89 185,000.00 183,437.20 01-Mar-2009 12 7.740% 17,046.41
Loan Group II 2000281862 Apr-2010 01-Feb-2007 WA 80.00 133,560.00 133,402.17 01-Aug-2009 7 6.890% 6,801.88
Loan Group II 2000281866 Apr-2010 01-Feb-2007 WA 85.00 204,000.00 202,267.73 01-Dec-2008 15 7.840% 23,075.77
Loan Group II 2000281868 Oct-2007 01-Feb-2007 AK 90.00 188,100.00 224,933.41 01-Mar-2010 0 2.000% 513.72
Loan Group II 2000281877 Jan-2010 01-Feb-2007 WA 80.00 248,800.00 248,798.00 01-Jan-2009 14 6.040% 21,388.27
Loan Group II 2000281903 May-2010 01-Feb-2007 OR 68.18 240,000.00 235,300.09 01-Jun-2009 9 8.750% 17,926.78
Loan Group II 2000281927 Jan-2010 01-Mar-2007 WA 90.00 283,500.00 281,927.35 01-Oct-2008 17 8.340% 36,236.21
Loan Group II 2000281950 May-2010 01-Mar-2007 OR 80.00 256,000.00 250,418.91 01-Sep-2009 6 8.140% 12,832.68
Loan Group II 2000281960 Apr-2010 01-Mar-2007 WA 90.00 207,000.00 206,938.85 01-Mar-2009 12 7.090% 15,910.16
Loan Group II 2000281984 Jan-2010 01-Mar-2007 WA 85.00 391,000.00 390,911.92 01-Feb-2009 13 7.240% 34,927.98
Loan Group II 2000281985 Jan-2010 01-Mar-2007 WA 70.00 210,000.00 208,994.37 01-Apr-2009 11 9.840% 21,119.78
Loan Group II 2000281999 Jul-2009 01-Mar-2007 WA 85.00 252,450.00 250,306.34 01-Feb-2009 13 7.700% 23,538.67
Loan Group II 2000282002 Oct-2009 01-Mar-2007 FL 80.00 472,000.00 472,000.00 01-May-2008 22 8.190% 75,236.76
Loan Group II 2000282003 May-2010 01-Feb-2007 FL 80.00 210,400.00 206,100.74 01-Mar-2009 12 7.875% 18,393.87
Loan Group II 2000282010 Jan-2009 18-Feb-2007 FL 81.13 215,000.00 191,992.42 01-Apr-2010 0 7.940% 2,642.84

Page 38
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period

First Original Current Approximate


Loan Month Loan Payment LTV at Principal Actual Months Current Delinquent
Group Number Entered FC Date State Origination Balance Balance Paid To Date Delinquent Loan Rate Interest
Loan Group II 2000282014 Sep-2007 01-Mar-2007 FL 80.00 169,600.00 169,512.81 01-Mar-2007 36 9.290% 45,507.45
Loan Group II 2000282016 Jun-2009 22-Feb-2007 AL 90.00 200,700.00 199,042.31 22-May-2009 10 8.690% 16,279.38
Loan Group II 2000282018 May-2010 01-Feb-2007 VA 85.00 129,200.00 128,440.59 01-Jun-2009 9 9.440% 10,586.67
Loan Group II 2000282027 Apr-2010 19-Mar-2007 FL 80.00 174,400.00 171,451.81 19-Aug-2009 7 7.790% 9,349.49
Loan Group II 2000282033 Jan-2010 01-Feb-2007 FL 90.00 243,000.00 241,105.72 01-Nov-2008 16 7.490% 27,944.47
Loan Group II 2000282035 Jan-2010 08-Feb-2007 GA 70.00 236,600.00 231,526.78 08-Feb-2009 13 7.625% 21,677.80
Loan Group II 2000282041 May-2008 01-Mar-2007 FL 80.00 180,000.00 180,000.00 01-Feb-2008 25 7.740% 30,015.00
Loan Group II 2000282048 Jan-2010 01-Feb-2007 FL 80.00 181,600.00 180,184.30 01-Nov-2008 16 7.490% 20,883.59
Loan Group II 2000282049 Jul-2008 09-Feb-2007 FL 80.00 180,000.00 177,657.58 09-Mar-2008 24 6.540% 24,899.84
Loan Group II 2000282052 May-2010 21-Feb-2007 FL 79.55 105,000.00 104,279.21 21-May-2009 10 8.790% 9,361.74
Loan Group II 2000282055 Nov-2009 17-Feb-2007 FL 82.44 216,000.00 214,441.70 17-Oct-2008 17 7.590% 26,227.26
Loan Group II 2000282057 Apr-2010 02-Mar-2007 IL 77.82 186,000.00 183,914.52 02-Jun-2009 9 8.740% 13,875.54
Loan Group II 2000282058 May-2008 02-Mar-2007 FL 90.00 198,000.00 197,612.27 02-Nov-2007 28 9.040% 42,860.59
Loan Group II 2000282060 Sep-2009 23-Feb-2007 FL 75.00 194,625.00 190,550.08 23-Mar-2009 12 8.000% 17,396.88
Loan Group II 2000282067 May-2009 01-Mar-2007 FL 83.84 406,600.00 406,600.00 01-Nov-2008 16 7.990% 47,755.14
Loan Group II 2000282071 Apr-2010 01-Jan-2007 AZ 85.00 229,925.00 228,716.99 01-Jul-2009 8 6.500% 11,408.40
Loan Group II 2000282073 May-2010 01-Feb-2007 FL 80.00 136,000.00 135,713.89 01-Jan-2010 2 7.480% 3,157.60
Loan Group II 2000282083 Jan-2010 01-Feb-2007 PA 90.00 171,000.00 169,828.61 01-May-2009 10 8.690% 14,807.26
Loan Group II 2000282095 Jan-2010 01-Feb-2007 AZ 29.88 360,000.00 353,622.57 01-Mar-2009 12 8.240% 34,839.71
Loan Group II 2000282096 Jan-2010 01-Feb-2007 AZ 85.00 187,000.00 185,353.26 01-May-2009 10 7.790% 14,520.79
Loan Group II 2000282102 Apr-2009 01-Feb-2007 NV 75.00 356,250.00 352,890.58 01-Feb-2009 13 7.240% 33,185.46
Loan Group II 2000282110 Apr-2010 01-Feb-2007 CA 80.00 184,000.00 179,061.40 01-Jun-2009 9 6.790% 10,270.08
Loan Group II 2000282113 May-2010 01-Mar-2007 AZ 80.00 196,000.00 193,689.31 01-Aug-2009 7 5.550% 7,316.32
Loan Group II 2000282118 Apr-2010 01-Feb-2007 NV 88.31 375,300.00 371,943.01 01-Jun-2009 9 8.500% 27,544.87
Loan Group II 2000282135 May-2010 01-Feb-2007 AZ 86.67 169,000.00 169,000.00 01-Sep-2009 6 7.340% 8,078.20
Loan Group II 2000282149 Apr-2010 01-Mar-2007 AZ 75.00 247,500.00 245,071.76 01-Feb-2009 13 6.990% 20,921.60
Loan Group II 2000282151 Apr-2010 01-Mar-2007 AZ 80.00 290,203.00 282,738.58 01-Feb-2009 13 6.640% 22,745.02
Loan Group II 2000282153 Jan-2010 01-Mar-2007 CA 80.00 224,000.00 221,474.76 01-Apr-2008 23 7.290% 31,005.87
Loan Group II 2000282158 Apr-2009 01-Mar-2007 AZ 83.53 242,250.00 242,199.78 01-Feb-2009 13 6.290% 18,794.67
Loan Group II 2000282163 Apr-2009 01-Feb-2007 AZ 90.00 419,400.00 464,252.35 01-Dec-2009 3 6.490% 10,323.71
Loan Group II 2000282166 Apr-2010 01-Mar-2007 PA 80.00 204,000.00 198,734.51 01-May-2009 10 6.990% 13,342.34
Loan Group II 2000282167 Apr-2010 01-Mar-2007 AZ 88.57 124,000.00 122,023.29 01-Oct-2008 17 7.440% 13,834.34
Loan Group II 2000282176 Jan-2010 01-Mar-2007 AZ 74.57 258,750.00 258,749.92 01-Jan-2009 14 6.690% 22,804.52
Loan Group II 2000282183 Mar-2009 01-Mar-2007 NV 80.00 179,200.00 176,672.83 01-Nov-2008 16 8.340% 21,538.18
Loan Group II 2000282184 Apr-2010 01-Mar-2007 AZ 85.00 195,500.00 195,493.50 01-Apr-2009 11 6.640% 13,671.43
Loan Group II 2000282186 Jan-2010 01-Mar-2007 AZ 85.00 217,600.00 217,534.27 01-Feb-2009 13 7.250% 18,354.45
Loan Group II 2000282217 Apr-2010 01-Mar-2007 NV 80.00 184,000.00 181,251.74 01-Oct-2009 5 2.750% 2,369.71
Loan Group II 2000282222 Jan-2010 01-Mar-2007 CA 85.00 263,500.00 261,983.14 01-Jan-2009 14 8.740% 29,900.31
Loan Group II 2000282240 Jan-2010 10-Feb-2007 IA 75.00 105,000.00 103,056.66 10-Dec-2008 15 9.670% 13,326.02
Loan Group II 2000282246 Mar-2010 01-Feb-2007 MN 80.00 311,200.00 311,173.79 01-Apr-2009 11 6.000% 18,540.73

Page 39
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period

First Original Current Approximate


Loan Month Loan Payment LTV at Principal Actual Months Current Delinquent
Group Number Entered FC Date State Origination Balance Balance Paid To Date Delinquent Loan Rate Interest
Loan Group II 2000282270 Jun-2009 01-Mar-2007 MN 90.00 180,000.00 178,538.66 01-Mar-2009 12 7.840% 15,252.57
Loan Group II 2000282286 Aug-2009 01-Mar-2007 MN 90.00 230,400.00 228,270.77 01-May-2009 10 7.590% 16,783.14
Loan Group II 2000282296 Jan-2010 09-Feb-2007 FL 80.00 312,000.00 304,085.55 09-May-2009 10 6.890% 19,341.24
Loan Group II 2000282310 Jun-2009 01-Mar-2007 WI 80.00 264,000.00 261,772.01 01-Nov-2008 16 7.340% 28,006.65
Loan Group II 2000282342 Oct-2009 01-Mar-2007 FL 80.00 172,000.00 170,169.00 01-Apr-2009 11 7.540% 12,946.53
Loan Group II 2000282358 Mar-2010 01-Mar-2007 CA 87.12 435,600.00 435,600.00 01-Jan-2009 14 7.290% 41,712.36
Loan Group II 2000282380 Jan-2010 01-Mar-2007 CA 80.00 312,000.00 311,994.40 01-Mar-2009 12 7.690% 27,675.14
Loan Group II 2000282407 Mar-2009 01-Mar-2007 CA 80.00 176,000.00 174,541.12 01-Jan-2009 14 7.440% 16,866.39
Loan Group II 2000282425 Apr-2010 01-Mar-2007 CA 75.89 277,000.00 272,823.70 01-Oct-2009 5 3.000% 3,964.14
Loan Group II 2000282426 Apr-2010 01-Mar-2007 CA 80.00 253,592.00 252,001.36 01-Jul-2008 20 7.290% 31,235.60
Loan Group II 2000282432 May-2010 01-Mar-2007 CA 69.12 228,100.00 226,060.13 01-Apr-2009 11 7.590% 18,098.98
Loan Group II 2000282436 May-2010 01-Mar-2007 CA 80.00 530,800.00 530,407.82 01-Sep-2009 6 7.390% 24,606.54
Loan Group II 2000282441 Jan-2009 01-Mar-2007 CA 90.00 202,500.00 200,038.94 01-Nov-2008 16 9.090% 26,581.43
Loan Group II 2000282446 Jan-2009 01-Jan-2007 WA 80.00 242,200.00 239,191.03 01-Sep-2008 18 6.590% 24,035.53
Loan Group II 2000282448 Apr-2010 26-Jan-2007 NE 80.00 276,000.00 268,131.36 26-Jun-2009 9 6.375% 16,168.12
Loan Group II 2000282498 Apr-2010 01-Mar-2007 TX 80.00 184,000.00 179,805.03 01-Jun-2009 9 7.930% 12,193.08
Loan Group II 2000282512 Apr-2010 01-Mar-2007 AR 90.00 129,600.00 128,506.09 01-Jan-2008 26 7.490% 21,293.10
Loan Group II 2000282523 Sep-2008 01-Feb-2007 NJ 58.33 105,000.00 104,053.70 01-Apr-2008 23 8.790% 18,956.05
Loan Group II 2000282528 Jan-2010 11-Feb-2007 NJ 85.00 160,650.00 159,963.20 11-Oct-2007 29 9.820% 38,870.15
Loan Group II 2000282529 Jan-2010 01-Feb-2007 NJ 90.00 369,000.00 365,591.72 01-Jan-2008 26 7.490% 63,163.97
Loan Group II 2000282532 Apr-2010 01-Feb-2007 NJ 85.94 275,000.00 272,610.55 01-Feb-2009 13 7.590% 26,893.86
Loan Group II 2000282535 Jan-2010 01-Mar-2007 NJ 85.00 382,500.00 379,623.30 01-Mar-2008 24 8.940% 70,512.19
Loan Group II 2000282542 Dec-2007 01-Feb-2007 NJ 80.00 233,600.00 233,132.94 01-May-2007 34 9.480% 63,760.48
Loan Group II 2000282545 Aug-2009 01-Mar-2007 NJ 90.00 652,500.00 638,738.68 01-Feb-2009 13 6.990% 54,341.42
Loan Group II 2000282553 Apr-2010 01-Feb-2007 NJ 80.00 204,000.00 200,282.60 01-Apr-2009 11 8.390% 18,567.67
Loan Group II 2000282559 Feb-2008 01-Feb-2007 NJ 90.00 373,500.00 371,786.07 01-Sep-2007 30 8.890% 82,495.69
Loan Group II 2000282563 Aug-2008 01-Feb-2007 DE 80.00 304,000.00 302,735.30 01-Feb-2008 25 7.990% 54,239.13
Loan Group II 2000282566 Jan-2009 01-Mar-2007 CT 80.00 484,000.00 474,630.88 01-Nov-2008 16 6.690% 45,761.57
Loan Group II 2000282570 Mar-2009 01-Mar-2007 NJ 75.00 218,960.00 215,745.48 01-May-2008 22 6.280% 25,838.81
Loan Group II 2000282572 Dec-2008 01-Mar-2007 NJ 95.00 329,650.00 327,800.43 01-Feb-2009 13 8.990% 36,197.57
Loan Group II 2000282577 Aug-2008 01-Mar-2007 NJ 90.00 343,800.00 340,181.23 01-Mar-2008 24 8.340% 58,857.86
Loan Group II 2000282578 Sep-2008 15-Feb-2007 NJ 80.00 564,000.00 557,824.14 15-Mar-2008 24 7.440% 88,945.17
Loan Group II 2000282584 Jul-2009 01-Mar-2007 NJ 85.00 412,250.00 406,861.15 01-Sep-2008 18 8.190% 53,541.93
Loan Group II 2000282589 Jan-2010 01-Mar-2007 NJ 80.00 252,000.00 248,842.76 01-Apr-2008 23 6.740% 33,078.39
Loan Group II 2000282590 May-2010 01-Mar-2007 PA 87.98 395,900.00 385,788.68 01-Feb-2010 1 8.190% 7,410.49
Loan Group II 2000282598 Sep-2008 01-Mar-2007 NJ 84.51 600,000.00 597,337.03 01-Jun-2008 21 8.290% 91,265.86
Loan Group II 2000282603 Feb-2008 01-Mar-2007 NJ 80.00 520,000.00 520,000.00 01-Sep-2007 30 8.190% 109,546.60
Loan Group II 2000282612 Apr-2010 01-Mar-2007 NJ 80.00 428,000.00 420,139.11 01-Sep-2009 6 5.750% 14,582.91
Loan Group II 2000282613 Apr-2010 01-Mar-2007 NJ 56.82 250,000.00 252,082.89 01-Jun-2009 9 7.470% 16,438.88
Loan Group II 2000282614 Jan-2010 01-Mar-2007 NJ 80.00 400,800.00 400,800.00 01-Mar-2008 24 8.290% 69,742.54

Page 40
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period

First Original Current Approximate


Loan Month Loan Payment LTV at Principal Actual Months Current Delinquent
Group Number Entered FC Date State Origination Balance Balance Paid To Date Delinquent Loan Rate Interest
Loan Group II 2000282621 Apr-2010 01-Feb-2007 AZ 90.00 310,500.00 306,611.60 01-Feb-2009 13 6.240% 21,913.97
Loan Group II 2000282634 May-2009 01-Feb-2007 CA 89.27 549,000.00 549,000.00 01-Feb-2009 13 5.790% 36,302.70

Page 41
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period

Summary 12 Month Bankruptcy History

New Bankruptcy Loans


Loans in Bankruptcy 55 6.00%

Original Principal Balance 12,979,891.00 5.00%

Current Actual Balance 12,886,400.84 4.00%

3.00%

Current Bankruptcy Total 2.00%

Loans in Bankruptcy 185


1.00%
Original Principal Balance 36,133,729.00
0.00%
Current Actual Balance 36,100,968.59

09

10

0
9

09

09
9

0
0

0
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-0

-0

-1

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N

D
Loan Group I 12 Month Bankruptcy History

New Bankruptcy Loans


Loans in Bankruptcy 7 4.00%

Original Principal Balance


3.50%
1,009,300.00
3.00%
Current Actual Balance 999,379.71 2.50%

2.00%

Current Bankruptcy Total 1.50%

Loans in Bankruptcy 25 1.00%

Original Principal Balance 4,097,450.00 0.50%

0.00%
Current Actual Balance 4,112,570.98

09

10

0
9

09

09

9
9

0
10

0
l-0

-0

-0

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-0

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ct

ar
Ju

Ap
Ju

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Au

Se

Fe
O

M
N

D
Loan Group II 12 Month Bankruptcy History

New Bankruptcy Loans


Loans in Bankruptcy 48 6.00%

Original Principal Balance 11,970,591.00 5.00%

Current Actual Balance 11,887,021.13 4.00%

3.00%

Current Bankruptcy Total 2.00%

Loans in Bankruptcy 160


1.00%
Original Principal Balance 32,036,279.00
0.00%
Current Actual Balance 31,988,397.61
09

10

0
9

09

09

9
9

0
10

0
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-0

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Page 42
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period

Month Loan First Original Current Approximate


Loan Entered Payment LTV at Principal Actual Months Current Delinquent
Group Number Bankruptcy Date State Origination Balance Balance Paid To Date Delinquent Loan Rate Interest
Loan Group I 0011650252 May-2010 01-Oct-2006 IL 80.00 106,400.00 104,331.61 01-Nov-2008 16 7.875% 11,501.16
Loan Group I 0011691694 Jul-2009 01-Nov-2006 NC 20.00 28,200.00 28,070.19 01-Mar-2008 24 12.625% 7,360.74
Loan Group I 0011715449 Oct-2009 01-Dec-2006 CA 15.00 38,550.00 38,177.12 01-Jul-2008 20 11.250% 7,509.77
Loan Group I 0011717532 Apr-2010 01-Jan-2007 TN 95.00 91,200.00 90,376.58 01-Jul-2008 20 10.020% 15,714.92
Loan Group I 0011737977 May-2010 01-Jan-2007 MD 95.00 256,500.00 255,576.54 01-Feb-2008 25 7.625% 43,377.85
Loan Group I 0011740537 Mar-2010 01-Jan-2007 CA 90.78 408,500.00 408,484.49 01-Sep-2009 6 6.450% 16,203.20
Loan Group I 0011740637 Apr-2010 01-Jan-2007 CA 95.00 345,800.00 345,798.00 01-Nov-2008 16 6.050% 28,787.76
Loan Group I 0011753069 Apr-2010 01-Jan-2007 GA 95.00 150,100.00 152,907.62 01-Feb-2010 1 7.000% 2,484.18
Loan Group I 0011754157 May-2010 01-Feb-2007 TX 80.00 77,600.00 76,075.84 01-May-2009 10 8.695% 6,208.48
Loan Group I 0011754720 Nov-2009 01-Jan-2007 TX 80.00 112,000.00 125,450.88 01-May-2008 22 8.370% 19,576.01
Loan Group I 0011755201 Jul-2008 01-Feb-2007 NJ 90.00 291,600.00 314,773.78 01-Jul-2010 (3) 5.750% 0.00
Loan Group I 0011761146 Apr-2010 01-Feb-2007 CO 80.00 240,000.00 235,800.91 01-Jun-2009 9 8.990% 18,337.92
Loan Group I 0011767782 Mar-2009 01-Jan-2007 TN 80.00 68,800.00 67,129.98 01-Dec-2009 3 8.520% 2,239.64
Loan Group I 0011768119 Feb-2010 01-Jan-2007 MD 85.00 225,250.00 225,248.96 01-Mar-2010 0 6.525% 2,261.88
Loan Group I 0011768520 May-2010 01-Jan-2007 CA 90.00 324,000.00 323,009.65 01-Jun-2008 21 7.375% 47,307.84
Loan Group I 0011774272 May-2010 01-Feb-2007 TN 80.00 64,000.00 62,887.76 01-Feb-2009 13 8.595% 6,470.71
Loan Group I 0011779445 Feb-2008 01-Jan-2007 TN 85.00 129,200.00 128,830.99 01-Jan-2010 2 9.250% 3,758.04
Loan Group I 0011779499 May-2010 01-Jan-2007 CA 20.00 72,800.00 71,916.49 01-Jan-2009 14 10.250% 9,344.47
Loan Group I 0011781245 Apr-2010 01-Feb-2007 CO 20.00 60,000.00 59,574.91 01-Mar-2009 12 12.825% 8,561.46
Loan Group I 0011786204 Apr-2010 01-Feb-2007 CA 94.84 211,500.00 210,310.84 01-Aug-2009 7 7.395% 10,867.13
Loan Group I 0011788685 Aug-2009 01-Feb-2007 GA 90.00 306,000.00 304,101.87 01-Nov-2009 4 9.990% 14,421.92
Loan Group I 0011792371 Oct-2009 01-Feb-2007 VA 80.00 149,600.00 148,566.01 01-Feb-2010 1 7.250% 2,506.53
Loan Group I 0011792913 May-2010 01-Feb-2007 IL 80.00 108,000.00 105,581.82 01-Nov-2009 4 8.790% 4,368.11
Loan Group I 0011795134 Feb-2010 01-Feb-2007 NY 94.85 129,000.00 127,685.35 01-Apr-2010 0 8.800% 1,766.58
Loan Group I 0011796895 Jul-2009 01-Feb-2007 IL 85.00 102,850.00 101,902.79 01-Nov-2009 4 8.610% 4,128.94
Loan Group II 0011677408 Jul-2008 01-Dec-2006 TX 20.00 32,800.00 32,496.61 01-Jun-2008 21 9.990% 5,912.39
Loan Group II 0011690381 Jun-2008 01-Nov-2006 LA 90.00 153,000.00 151,211.14 01-May-2008 22 9.495% 28,161.60
Loan Group II 0011718251 Apr-2010 01-Oct-2006 OH 80.00 120,000.00 119,236.81 01-Sep-2007 30 9.350% 27,907.84
Loan Group II 0011735221 Apr-2010 01-Jan-2007 CA 80.00 271,200.00 270,461.48 01-May-2008 22 8.125% 44,254.65
Loan Group II 0011736639 May-2010 01-Jan-2007 CA 80.00 328,000.00 327,348.86 01-Jan-2008 26 7.595% 58,675.97
Loan Group II 0011737182 Apr-2010 01-Jan-2007 CA 90.00 643,500.00 643,343.82 01-Nov-2008 16 5.825% 51,387.12
Loan Group II 0011738294 Dec-2008 01-Dec-2006 TX 90.00 187,992.00 223,538.82 01-Nov-2009 4 3.000% 3,692.63
Loan Group II 0011743959 Feb-2010 01-Dec-2006 CA 20.00 108,000.00 106,625.51 01-Apr-2009 11 10.625% 11,684.99
Loan Group II 0011744955 May-2010 01-Jan-2007 NJ 80.00 492,000.00 487,388.29 01-Aug-2009 7 2.000% 5,459.82
Loan Group II 0011749809 May-2010 01-Dec-2006 NJ 20.00 30,000.00 29,908.52 01-Oct-2007 29 12.375% 9,176.07
Loan Group II 0011754162 May-2010 01-Feb-2007 TX 20.00 19,400.00 19,129.91 01-May-2009 10 9.990% 1,814.49
Loan Group II 0011754431 Jun-2009 01-Jan-2007 GA 80.00 156,720.00 155,794.75 01-Feb-2009 13 7.375% 13,892.16
Loan Group II 0011754433 Jun-2009 01-Jan-2007 GA 20.00 39,180.00 38,659.94 01-Dec-2008 15 9.375% 4,860.64
Loan Group II 0011754996 Jan-2009 01-Jan-2007 WA 80.00 284,000.00 283,069.73 01-Apr-2008 23 6.875% 43,416.41
Loan Group II 0011754999 Jan-2009 01-Jan-2007 WA 20.00 71,000.00 70,205.47 01-Sep-2008 18 9.500% 10,519.33

Page 43
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period

Month Loan First Original Current Approximate


Loan Entered Payment LTV at Principal Actual Months Current Delinquent
Group Number Bankruptcy Date State Origination Balance Balance Paid To Date Delinquent Loan Rate Interest
Loan Group II 0011758389 Oct-2008 01-Jan-2007 MD 80.00 259,920.00 259,295.98 01-May-2008 22 7.840% 37,995.74
Loan Group II 0011758428 Nov-2009 01-Jan-2007 NY 20.00 99,995.00 100,844.86 01-May-2010 (1) 3.660% 266.06
Loan Group II 0011758430 Oct-2009 01-Jan-2007 NY 80.00 399,995.00 395,851.06 01-Apr-2009 11 7.450% 29,730.42
Loan Group II 0011759262 Apr-2010 01-Jan-2007 CA 20.00 92,000.00 91,283.46 01-Aug-2008 19 11.000% 16,747.45
Loan Group II 0011759661 Apr-2010 01-Feb-2007 CA 85.00 446,250.00 441,649.27 01-Mar-2009 12 6.025% 28,408.18
Loan Group II 0011760813 Apr-2010 01-Jan-2007 CA 80.00 368,000.00 368,000.00 01-Aug-2008 19 7.250% 48,290.86
Loan Group II 0011761020 Mar-2009 01-Jan-2007 WA 94.03 460,750.00 502,582.32 01-Apr-2010 0 5.500% 4,189.68
Loan Group II 0011761386 May-2010 01-Jan-2007 NJ 80.00 357,600.00 351,728.18 01-Sep-2009 6 6.000% 12,867.98
Loan Group II 0011763123 Mar-2010 01-Jan-2007 MN 80.00 284,960.00 321,282.62 01-Sep-2009 6 7.125% 14,139.66
Loan Group II 0011763127 Mar-2010 01-Jan-2007 MN 20.00 71,240.00 77,994.56 01-Oct-2009 5 7.500% 3,180.01
Loan Group II 0011765406 Jul-2009 01-Feb-2007 NY 15.00 113,685.00 113,388.33 01-Nov-2007 28 12.625% 34,276.52
Loan Group II 0011767575 Apr-2010 01-Feb-2007 AZ 15.00 31,798.00 31,323.23 01-Aug-2009 7 1.750% 292.50
Loan Group II 0011767785 Mar-2009 01-Jan-2007 TN 20.00 17,200.00 16,838.21 01-Aug-2009 7 8.750% 1,045.80
Loan Group II 0011768329 Feb-2010 01-Feb-2007 NY 86.73 425,000.00 420,846.13 01-Apr-2010 0 6.470% 4,188.00
Loan Group II 0011769195 May-2010 01-Jan-2007 MA 80.00 476,000.00 491,919.64 01-Feb-2010 1 2.000% 1,842.70
Loan Group II 0011769198 May-2010 01-Jan-2007 MA 20.00 119,000.00 123,465.27 01-Apr-2010 0 2.000% 309.03
Loan Group II 0011771821 Feb-2009 01-Jan-2007 TX 20.00 35,600.00 35,239.53 01-Sep-2008 18 9.990% 5,568.24
Loan Group II 0011772556 Aug-2009 01-Jan-2007 PA 15.00 33,750.00 33,570.42 01-Jan-2008 26 11.625% 8,675.13
Loan Group II 0011774683 Sep-2009 01-Feb-2007 TX 80.00 192,000.00 192,220.78 01-Dec-2009 3 7.000% 5,207.06
Loan Group II 0011774685 Sep-2009 01-Feb-2007 TX 20.00 48,000.00 46,888.24 01-Feb-2010 1 7.000% 761.10
Loan Group II 0011779316 Mar-2010 01-Feb-2007 FL 20.00 54,000.00 53,662.66 01-Jul-2008 20 11.500% 10,807.20
Loan Group II 0011781282 May-2010 01-Feb-2007 TX 20.00 15,990.00 15,749.77 01-Jun-2009 9 9.990% 1,370.16
Loan Group II 0011781286 May-2010 01-Feb-2007 TX 80.00 63,960.00 63,694.15 01-Oct-2008 17 9.945% 9,507.58
Loan Group II 0011782665 Apr-2010 01-Feb-2007 CA 60.00 279,000.00 277,741.78 01-Jan-2009 14 9.625% 35,163.15
Loan Group II 0011783167 Aug-2009 01-Feb-2007 TX 80.00 94,950.00 95,164.48 01-Feb-2009 13 7.000% 7,677.90
Loan Group II 0011783176 Aug-2009 01-Feb-2007 TX 20.00 23,737.00 24,028.84 01-Jun-2009 9 7.500% 1,544.47
Loan Group II 0011786439 Mar-2010 01-Feb-2007 CA 20.00 114,000.00 111,666.38 01-Sep-2009 6 10.250% 7,248.36
Loan Group II 0011786451 Mar-2010 01-Feb-2007 CA 80.00 456,000.00 454,900.06 01-Mar-2010 0 5.895% 4,090.32
Loan Group II 0011786872 Sep-2008 01-Feb-2007 NV 80.00 452,000.00 449,791.62 01-Jun-2009 9 7.500% 29,539.74
Loan Group II 0011786873 Sep-2008 01-Feb-2007 NV 20.00 113,000.00 112,292.76 01-Jul-2008 20 12.500% 24,675.63
Loan Group II 0011792384 Oct-2009 01-Feb-2007 VA 20.00 37,400.00 34,698.23 01-Apr-2010 0 9.500% 527.67
Loan Group II 0011792914 May-2010 01-Feb-2007 IL 20.00 27,000.00 27,369.20 01-Apr-2010 0 3.950% 157.53
Loan Group II 0011798713 May-2010 01-Feb-2007 CA 15.00 45,000.00 44,817.94 01-Nov-2007 28 11.250% 12,000.07
Loan Group II 0011799760 May-2010 01-Feb-2007 CA 80.00 400,000.00 398,413.14 01-Apr-2009 11 9.250% 38,742.75
Loan Group II 0011800424 Dec-2008 01-Feb-2007 TN 95.00 55,575.00 54,950.90 01-Jan-2009 14 10.200% 7,077.87
Loan Group II 0011800844 Apr-2010 01-Feb-2007 ME 75.00 201,000.00 197,244.99 01-Feb-2009 13 8.100% 18,630.40
Loan Group II 0011802133 Feb-2010 01-Feb-2007 NC 85.00 191,250.00 190,628.52 01-Apr-2009 11 5.000% 9,250.85
Loan Group II 0011806031 Oct-2008 01-Feb-2007 LA 85.00 69,700.00 68,275.37 01-Jul-2009 8 8.995% 4,817.83
Loan Group II 0073952545 Jan-2010 03-Dec-2006 OH 80.00 108,400.00 112,062.66 03-May-2008 22 8.375% 18,542.44
Loan Group II 0073959794 Apr-2010 01-Jan-2007 IL 90.00 56,700.00 56,220.49 01-Jun-2008 21 10.240% 10,441.83

Page 44
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period

Month Loan First Original Current Approximate


Loan Entered Payment LTV at Principal Actual Months Current Delinquent
Group Number Bankruptcy Date State Origination Balance Balance Paid To Date Delinquent Loan Rate Interest
Loan Group II 0073961778 Jan-2008 01-Nov-2006 NY 75.00 90,000.00 89,768.33 01-Jun-2007 33 11.625% 28,942.31
Loan Group II 0073963890 May-2010 01-Jan-2007 WA 85.00 369,750.00 433,143.39 01-Jan-2010 2 6.665% 8,886.15
Loan Group II 0073966627 Apr-2010 01-Dec-2006 NE 80.00 72,000.00 71,237.75 01-Jun-2008 21 9.240% 11,849.25
Loan Group II 2000254834 Jan-2009 01-Jan-2007 VA 90.00 259,200.00 261,765.98 01-Apr-2010 0 4.000% 1,528.24
Loan Group II 2000254878 Jul-2009 01-Jan-2007 NC 81.67 88,200.00 86,664.95 01-Feb-2010 1 10.620% 2,191.41
Loan Group II 2000254900 May-2010 01-Feb-2007 GA 90.00 288,900.00 288,427.72 01-Sep-2007 30 9.240% 68,827.43
Loan Group II 2000254968 May-2010 21-Jan-2007 NC 80.00 56,000.00 55,053.72 21-Apr-2009 11 9.875% 5,713.19
Loan Group II 2000254973 Jan-2009 01-Feb-2007 GA 80.00 108,400.00 106,616.79 01-Jan-2009 14 8.290% 12,175.43
Loan Group II 2000254996 May-2010 22-Jan-2007 VA 85.00 331,500.00 328,888.88 22-Dec-2008 15 7.875% 39,210.40
Loan Group II 2000255016 May-2010 01-Feb-2007 GA 85.00 90,950.00 90,032.25 01-Feb-2010 1 8.620% 1,827.08
Loan Group II 2000255026 Jan-2010 22-Jan-2007 VA 70.00 148,750.00 145,438.23 22-Jul-2009 8 8.900% 10,153.87
Loan Group II 2000255050 Mar-2009 01-Feb-2007 GA 84.86 213,000.00 207,989.52 01-Jun-2009 9 7.590% 13,455.66
Loan Group II 2000255058 May-2008 01-Feb-2007 NY 61.11 550,000.00 542,551.92 01-Sep-2008 18 8.280% 69,837.19
Loan Group II 2000255069 Oct-2009 01-Feb-2007 NY 75.00 60,000.00 59,704.25 01-Dec-2007 27 10.140% 13,841.02
Loan Group II 2000255084 Nov-2009 01-Feb-2007 MI 80.00 200,800.00 195,858.84 01-Mar-2009 12 6.790% 14,275.46
Loan Group II 2000255191 Apr-2008 01-Feb-2007 PA 80.00 104,800.00 103,073.53 01-Jun-2009 9 9.090% 8,498.71
Loan Group II 2000255197 Jan-2010 01-Feb-2007 PA 90.00 337,500.00 337,500.00 01-Dec-2008 15 7.440% 36,795.89
Loan Group II 2000255252 May-2010 01-Feb-2007 CT 88.35 284,500.00 284,500.00 01-Mar-2009 12 6.490% 22,631.98
Loan Group II 2000255269 Sep-2008 01-Feb-2007 OH 85.00 111,350.00 107,801.89 01-Mar-2010 0 7.140% 1,192.39
Loan Group II 2000255276 Apr-2010 01-Feb-2007 OH 80.00 95,600.00 93,038.83 01-Aug-2009 7 3.500% 2,078.07
Loan Group II 2000255479 May-2010 01-Feb-2007 IL 90.00 280,800.00 279,746.98 01-Jun-2009 9 7.790% 18,801.30
Loan Group II 2000255487 May-2010 01-Feb-2007 IL 90.00 355,500.00 355,499.98 01-Jan-2009 14 6.840% 33,286.70
Loan Group II 2000255566 Feb-2010 01-Feb-2007 MO 90.00 202,500.00 200,033.98 01-Oct-2008 17 9.080% 27,011.89
Loan Group II 2000255628 Nov-2008 01-Feb-2007 WI 80.00 172,000.00 168,372.39 01-Jan-2009 14 6.990% 16,387.72
Loan Group II 2000255655 Apr-2010 26-Jan-2007 MA 89.56 274,500.00 272,880.09 26-Sep-2008 18 8.790% 37,642.48
Loan Group II 2000255735 May-2010 01-Feb-2007 VA 64.58 155,000.00 153,474.77 01-Mar-2009 12 7.190% 13,179.08
Loan Group II 2000255836 Mar-2010 01-Feb-2007 FL 80.00 223,200.00 220,581.50 01-Apr-2008 23 7.620% 34,880.92
Loan Group II 2000255882 Apr-2010 01-Feb-2007 NV 71.55 293,000.00 290,875.65 01-Feb-2008 25 9.120% 59,281.76
Loan Group II 2000255927 May-2010 01-Feb-2007 AZ 80.00 168,000.00 168,000.00 01-Sep-2008 18 7.870% 22,744.40
Loan Group II 2000256039 Nov-2007 01-Feb-2007 MN 90.00 216,000.00 219,494.22 01-Jan-2010 2 1.750% 915.46
Loan Group II 2000256061 May-2010 08-Jan-2007 MN 90.00 261,000.00 253,752.02 08-Sep-2009 6 7.370% 11,593.69
Loan Group II 2000256077 Jul-2009 01-Feb-2007 MN 80.00 137,600.00 134,277.40 01-Nov-2009 4 7.970% 5,123.45
Loan Group II 2000256104 Mar-2010 01-Feb-2007 WI 80.00 91,600.00 89,478.82 01-Mar-2009 12 7.375% 7,434.87
Loan Group II 2000256113 May-2010 01-Feb-2007 IL 88.89 600,000.00 595,113.77 01-Jun-2008 21 9.940% 107,147.72
Loan Group II 2000256117 Aug-2009 01-Feb-2007 CO 80.00 168,000.00 165,579.80 01-Jan-2010 2 4.500% 2,204.82
Loan Group II 2000256147 Apr-2010 01-Jan-2007 CA 95.00 294,500.00 289,895.51 01-Dec-2009 3 8.990% 10,239.92
Loan Group II 2000256172 May-2010 01-Feb-2007 CA 77.15 395,000.00 391,146.39 01-Sep-2008 18 6.290% 41,813.07
Loan Group II 2000256258 Feb-2010 01-Feb-2007 TX 80.00 103,396.00 101,825.15 01-Oct-2008 17 6.490% 9,564.47
Loan Group II 2000256265 Aug-2009 20-Jan-2007 TX 80.00 94,800.00 93,380.67 20-Oct-2008 17 8.290% 12,935.41
Loan Group II 2000256299 May-2010 01-Feb-2007 NJ 90.00 227,700.00 225,702.28 01-Jul-2009 8 6.750% 11,729.03

Page 45
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period

Month Loan First Original Current Approximate


Loan Entered Payment LTV at Principal Actual Months Current Delinquent
Group Number Bankruptcy Date State Origination Balance Balance Paid To Date Delinquent Loan Rate Interest
Loan Group II 2000256362 May-2010 01-Feb-2007 CA 90.00 170,910.00 167,887.84 01-Mar-2009 12 8.250% 16,547.21
Loan Group II 2000280722 May-2010 09-Feb-2007 FL 80.00 51,600.00 50,479.56 09-Oct-2009 5 8.790% 2,437.43
Loan Group II 2000280725 Sep-2009 07-Jan-2007 LA 80.00 110,240.00 108,999.09 07-May-2008 22 8.340% 18,770.56
Loan Group II 2000280776 Mar-2009 18-Feb-2007 SC 90.00 237,600.00 232,652.47 18-Jun-2009 9 8.140% 16,239.59
Loan Group II 2000280785 Feb-2010 01-Feb-2007 VA 80.00 136,000.00 133,358.65 01-Mar-2009 12 8.070% 11,714.67
Loan Group II 2000280805 May-2010 01-Feb-2007 NC 80.00 91,920.00 91,796.03 01-Jun-2009 9 8.790% 7,432.43
Loan Group II 2000280808 May-2010 28-Jan-2007 GA 80.00 230,000.00 226,216.17 28-Jul-2008 20 6.990% 26,668.43
Loan Group II 2000280814 Nov-2009 27-Jan-2007 MS 80.00 73,200.00 71,763.34 27-Mar-2009 12 8.040% 6,283.82
Loan Group II 2000280833 May-2010 01-Feb-2007 AL 80.00 143,200.00 139,257.04 01-Sep-2009 6 7.240% 6,235.68
Loan Group II 2000280847 May-2009 04-Feb-2007 TN 85.00 91,800.00 90,268.78 04-Mar-2009 12 8.590% 9,308.47
Loan Group II 2000280848 May-2010 01-Feb-2007 GA 80.00 194,580.00 192,809.55 01-Feb-2008 25 7.990% 34,350.63
Loan Group II 2000280850 Sep-2009 01-Feb-2007 TN 80.00 62,400.00 61,787.00 01-Dec-2009 3 8.490% 2,055.66
Loan Group II 2000280875 Apr-2010 01-Feb-2007 GA 95.00 118,655.00 116,531.83 01-Mar-2009 12 9.375% 12,407.62
Loan Group II 2000280882 Jun-2009 01-Feb-2007 VA 80.00 210,400.00 210,400.00 01-Jul-2009 8 6.970% 11,344.00
Loan Group II 2000280920 May-2009 10-Feb-2007 TN 90.00 71,100.00 69,684.86 10-Sep-2009 6 8.940% 3,913.83
Loan Group II 2000280925 Feb-2009 24-Feb-2007 TN 80.00 146,400.00 142,541.42 24-Oct-2009 5 7.650% 5,934.21
Loan Group II 2000280932 Mar-2010 11-Feb-2007 TN 80.00 92,000.00 89,776.15 11-Jul-2009 8 7.850% 5,481.76
Loan Group II 2000280980 May-2010 05-Mar-2007 MS 79.40 320,000.00 313,092.59 05-Jun-2009 9 7.750% 20,734.43
Loan Group II 2000281008 Jan-2008 01-Mar-2007 NC 80.00 60,000.00 58,766.53 01-Sep-2009 6 8.540% 3,162.24
Loan Group II 2000281079 Nov-2009 01-Mar-2007 MI 80.00 88,000.00 85,491.26 01-Mar-2010 0 7.990% 1,066.75
Loan Group II 2000281096 Jul-2009 02-Feb-2007 OH 80.00 215,200.00 208,970.41 02-Apr-2010 0 7.950% 2,598.23
Loan Group II 2000281109 May-2010 01-Mar-2007 MI 90.00 252,000.00 249,314.89 01-Dec-2008 15 9.990% 33,535.03
Loan Group II 2000281131 Oct-2008 01-Feb-2007 DE 57.14 120,000.00 118,552.54 01-Aug-2008 19 8.590% 17,896.23
Loan Group II 2000281144 May-2010 01-Feb-2007 NY 80.00 592,000.00 592,000.00 01-Apr-2008 23 7.590% 94,310.43
Loan Group II 2000281145 Feb-2009 01-Mar-2007 NJ 90.00 207,000.00 231,296.16 01-Apr-2010 0 2.000% 578.54
Loan Group II 2000281209 May-2010 01-Mar-2007 MD 80.00 496,000.00 496,000.00 01-Feb-2009 13 5.500% 30,999.90
Loan Group II 2000281228 Jan-2010 27-Jan-2007 OH 80.00 120,000.00 118,942.59 27-Dec-2007 27 7.730% 22,513.74
Loan Group II 2000281310 Feb-2009 07-Mar-2007 OH 90.00 108,000.00 105,709.96 07-Oct-2009 5 8.790% 5,120.13
Loan Group II 2000281321 Nov-2009 01-Feb-2007 FL 89.21 339,000.00 335,359.54 01-Mar-2008 24 7.540% 54,280.97
Loan Group II 2000281359 May-2010 08-Feb-2007 FL 80.00 440,000.00 428,552.97 08-Apr-2009 11 6.540% 27,889.30
Loan Group II 2000281374 May-2010 01-Mar-2007 FL 80.00 176,000.00 171,877.58 01-Oct-2009 5 7.940% 7,474.57
Loan Group II 2000281379 May-2010 01-Mar-2007 FL 90.00 256,500.00 256,500.00 01-Feb-2008 25 7.590% 42,290.28
Loan Group II 2000281420 Mar-2010 01-Feb-2007 IL 80.00 75,600.00 74,774.10 01-Jul-2009 8 7.690% 4,472.35
Loan Group II 2000281429 May-2010 01-Feb-2007 WI 80.00 159,920.00 155,845.85 01-Aug-2009 7 7.240% 8,262.35
Loan Group II 2000281467 Jun-2008 01-Feb-2007 IL 90.00 90,000.00 88,547.13 01-Sep-2009 6 10.040% 5,639.63
Loan Group II 2000281471 Apr-2010 01-Mar-2007 IL 90.00 238,500.00 233,585.34 01-Apr-2009 11 7.570% 17,793.99
Loan Group II 2000281499 Oct-2008 01-Mar-2007 IL 90.00 222,300.00 217,330.87 01-Jun-2009 9 7.640% 14,160.25
Loan Group II 2000281532 Apr-2010 01-Mar-2007 IL 80.00 156,800.00 158,025.67 01-Oct-2009 5 5.000% 4,130.25
Loan Group II 2000281545 Aug-2009 01-Mar-2007 IL 90.00 162,000.00 160,995.15 01-Oct-2008 17 8.490% 20,338.14
Loan Group II 2000281564 Apr-2010 01-Mar-2007 IL 80.00 144,000.00 140,930.19 01-Feb-2009 13 7.040% 11,441.75

Page 46
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period

Month Loan First Original Current Approximate


Loan Entered Payment LTV at Principal Actual Months Current Delinquent
Group Number Bankruptcy Date State Origination Balance Balance Paid To Date Delinquent Loan Rate Interest
Loan Group II 2000281581 Mar-2010 01-Mar-2007 MO 80.00 68,800.00 68,544.50 01-Apr-2010 0 4.801% 491.73
Loan Group II 2000281616 May-2010 01-Mar-2007 IL 90.00 427,500.00 422,470.66 01-May-2008 22 7.550% 59,405.24
Loan Group II 2000281672 Mar-2009 24-Feb-2007 RI 78.61 180,800.00 177,212.09 24-May-2009 10 8.190% 13,637.46
Loan Group II 2000281700 May-2010 01-Feb-2007 CA 88.08 572,500.00 569,480.86 01-May-2009 10 8.240% 43,996.89
Loan Group II 2000281806 Jan-2010 10-Feb-2007 DC 46.67 210,000.00 207,321.68 10-May-2009 10 6.630% 12,679.77
Loan Group II 2000281870 Sep-2009 01-Feb-2007 WA 85.00 340,000.00 337,242.39 01-May-2009 10 8.090% 27,320.71
Loan Group II 2000281890 Oct-2008 15-Feb-2007 WA 95.00 133,000.00 132,268.95 15-Nov-2008 16 8.740% 17,820.94
Loan Group II 2000281929 May-2010 01-Feb-2007 OR 80.00 168,000.00 165,810.24 01-May-2009 10 7.740% 12,962.57
Loan Group II 2000281934 May-2010 01-Feb-2007 WA 90.00 299,061.00 299,057.26 01-May-2009 10 6.590% 20,026.80
Loan Group II 2000281968 Sep-2009 01-Mar-2007 OR 80.00 166,400.00 166,399.66 01-Nov-2009 4 6.540% 5,112.66
Loan Group II 2000282006 Aug-2008 01-Feb-2007 LA 90.00 121,500.00 118,916.22 01-Mar-2009 12 8.250% 11,096.96
Loan Group II 2000282012 Nov-2009 01-Mar-2007 FL 78.71 342,400.00 358,013.40 01-Apr-2010 0 2.750% 1,342.56
Loan Group II 2000282081 Jan-2010 01-Feb-2007 NV 84.71 216,000.00 215,466.09 01-Nov-2007 28 8.640% 46,091.59
Loan Group II 2000282100 May-2010 01-Feb-2007 AZ 85.00 214,200.00 214,010.15 01-Jan-2009 14 6.540% 19,824.52
Loan Group II 2000282117 Jan-2010 01-Feb-2007 CO 85.00 200,600.00 195,409.09 01-Feb-2009 13 6.875% 16,283.98
Loan Group II 2000282156 Jan-2010 01-Feb-2007 CA 90.00 553,500.00 553,500.00 01-Dec-2008 15 5.850% 49,007.70
Loan Group II 2000282247 Sep-2008 01-Mar-2007 UT 74.31 107,000.00 105,216.68 01-Dec-2008 15 7.790% 11,213.94
Loan Group II 2000282248 May-2010 01-Feb-2007 FL 90.00 166,500.00 161,883.32 01-Jun-2009 9 6.990% 10,356.35
Loan Group II 2000282278 May-2009 01-Feb-2007 NE 80.00 68,800.00 67,507.08 01-Mar-2009 12 8.500% 6,496.91
Loan Group II 2000282408 May-2010 01-Mar-2007 CA 80.00 200,000.00 197,264.32 01-Jan-2010 2 7.740% 4,780.08
Loan Group II 2000282507 May-2010 01-Mar-2007 TX 90.00 113,400.00 111,580.97 01-Jun-2009 9 9.450% 9,124.60
Loan Group II 2000282593 May-2010 01-Mar-2007 NJ 80.00 100,000.00 98,025.63 01-Sep-2009 6 8.780% 5,436.44
Loan Group II 2000282604 May-2010 01-Mar-2007 NJ 80.00 296,000.00 295,444.54 01-Aug-2009 7 6.590% 13,730.82
Loan Group II 2000282615 Mar-2009 01-Mar-2007 NJ 80.00 536,000.00 520,967.03 01-Aug-2009 7 6.990% 25,254.68
Loan Group II 2000282617 Dec-2008 01-Mar-2007 NJ 75.36 260,000.00 256,539.87 01-Dec-2008 15 9.040% 31,962.67

Page 47
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Realized Loss Detail Report - Loans with Losses during Current Period

Inactive Active Totals


# Loans Liquidated Realized Current # Loans Ending Realized Current # Loans Liquidated or Realized Current
with Actual Loss/(Gain) Loss with Actual Loss/(Gain) Loss with Ending Actual Loss/(Gain) Loss
Group Losses Balance Amount Percentage Losses Balance Amount Percentage Losses Balance Amount Percentage
Loan Group I 13 1,925,421.36 678,311.69 0.662 % 2 842,373.21 157,395.88 0.154 % 15 2,767,794.57 835,707.57 0.816 %
Loan Group II 75 13,904,061.78 5,180,189.22 0.857 % 25 5,220,957.98 2,218,081.68 0.367 % 100 19,125,019.76 7,398,270.90 1.225 %
Total 88 15,829,483.14 5,858,500.91 0.829 % 27 6,063,331.19 2,375,477.56 0.336 % 115 21,892,814.33 8,233,978.47 1.165 %

Realized Loss Loan Detail Report - Loans with Losses during Current Period

Original Liquidated or Liquidation Cumulative


Loan Principal Current LTV at Original Ending Actual Effective Realized Realized
Group Number Balance Note Rate State Origination Term Balance Date Loss/(Gain) Loss/(Gain)
Loan Group I 0011704960 97,600.00 8.250% IL 80.00 360 96,638.05 03/15/2010 (1,452.85) 100,914.41
Loan Group I 0011733615 184,000.00 6.820% FL 80.00 360 182,981.13 04/08/2010 (2,364.11) 188,093.38
Loan Group I 0011736891 196,000.00 8.495% FL 78.71 360 194,517.95 03/16/2010 971.01 219,898.52
Loan Group I 0011743860 128,000.00 9.125% TN 80.00 360 126,759.13 05/15/2010 53,205.16 53,205.16
Loan Group I 0011752220 360,000.00 6.950% PA 72.00 360 409,978.57 Active 7,105.92 7,105.92
Loan Group I 0011755076 260,000.00 9.185% NY 80.00 360 258,251.38 04/09/2010 1,074.80 222,680.27
Loan Group I 0011758427 105,200.00 8.845% GA 80.00 360 103,178.99 04/15/2010 (1,593.19) 103,266.87
Loan Group I 0011764707 95,796.00 8.950% TX 80.00 360 94,820.94 05/15/2010 67,097.86 67,097.86
Loan Group I 0011766656 155,000.00 8.895% AZ 77.50 360 152,211.89 02/25/2010 695.14 157,427.30
Loan Group I 0011769685 228,000.00 8.400% MD 95.00 360 225,666.11 04/21/2010 230,840.31 230,840.31
Loan Group I 0011769940 62,000.00 8.790% TX 80.00 360 61,394.48 04/15/2010 (2,099.40) 33,426.49
Loan Group I 0011771476 204,000.00 7.900% CO 80.00 360 202,799.54 04/29/2010 104,694.97 104,694.97
Loan Group I 0011776609 109,250.00 9.300% MD 95.00 360 107,286.47 05/14/2010 121,355.48 121,355.48
Loan Group I 0011780400 440,000.00 8.500% NY 80.00 360 432,394.64 Active 150,289.96 150,289.96
Loan Group I 0011801427 121,000.00 8.500% CA 50.42 360 118,915.30 05/10/2010 105,886.51 105,886.51
Loan Group II 0011541997 179,920.00 8.310% CA 80.00 360 178,370.15 03/29/2010 1,112.89 167,346.63
Loan Group II 0011670701 76,000.00 11.250% CA 20.00 360 75,528.96 04/15/2010 0.00 79,915.84
Loan Group II 0011712000 203,200.00 8.670% NV 80.00 360 202,558.66 05/15/2010 171,864.17 171,864.17
Loan Group II 0011718236 119,000.00 11.250% CA 20.00 360 118,536.78 09/27/2007 125,323.35 125,323.35
Loan Group II 0011727304 199,200.00 7.700% FL 80.00 360 196,957.15 05/15/2010 206,266.90 206,266.90
Loan Group II 0011727314 49,800.00 11.900% FL 20.00 180 49,598.90 05/15/2010 52,815.42 52,815.42
Loan Group II 0011730284 536,000.00 7.345% CA 80.00 360 528,209.10 05/15/2010 220,764.93 220,764.93
Loan Group II 0011735035 45,000.00 11.250% CA 20.00 360 44,394.86 04/30/2010 45,604.39 45,604.39
Loan Group II 0011736868 79,000.00 10.990% IL 20.00 360 78,280.85 04/30/2010 87,361.00 87,361.00
Loan Group II 0011738132 67,000.00 10.750% CA 20.00 360 66,296.77 05/15/2010 70,210.04 70,210.04
Loan Group II 0011740676 62,700.00 10.645% LA 95.00 360 55,570.53 Active 8,084.44 8,084.44
Loan Group II 0011746191 336,000.00 6.700% CA 80.00 360 217,446.83 Active 181,841.62 181,841.62
Loan Group II 0011748700 46,000.00 10.990% CA 20.00 360 45,641.02 05/15/2010 48,318.22 48,318.22

Page 48
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Realized Loss Loan Detail Report - Loans with Losses during Current Period

Original Liquidated or Liquidation Cumulative


Loan Principal Current LTV at Original Ending Actual Effective Realized Realized
Group Number Balance Note Rate State Origination Term Balance Date Loss/(Gain) Loss/(Gain)
Loan Group II 0011758697 86,000.00 10.990% NJ 20.00 360 85,401.54 05/15/2010 86,995.23 86,995.23
Loan Group II 0011759913 160,075.00 8.375% MN 95.00 360 159,039.05 04/30/2010 96,565.92 96,565.92
Loan Group II 0011760778 339,200.00 6.700% CA 80.00 360 336,351.07 01/04/2010 216.05 240,285.94
Loan Group II 0011764220 260,300.00 7.520% CA 95.00 360 259,238.70 Active 8,821.84 8,821.84
Loan Group II 0011764976 87,040.00 8.020% ID 80.00 360 84,341.67 04/28/2010 52,203.45 52,203.45
Loan Group II 0011766404 324,000.00 6.385% NY 80.00 360 317,404.05 04/09/2010 930.00 106,174.60
Loan Group II 0011767148 152,000.00 7.050% CA 68.78 360 147,466.60 02/18/2010 367.72 131,210.15
Loan Group II 0011768354 572,000.00 7.500% CA 79.44 360 269,312.15 Active 366,413.76 366,413.76
Loan Group II 0011768593 368,000.00 7.585% CA 80.00 360 365,980.85 02/15/2010 105.00 305,500.03
Loan Group II 0011769281 28,980.00 9.990% TX 20.00 360 28,826.04 05/15/2010 29,542.63 29,542.63
Loan Group II 0011772786 195,920.00 8.325% AZ 80.00 360 208,557.74 02/15/2010 893.79 140,606.50
Loan Group II 0011778665 496,000.00 7.750% NJ 93.58 360 488,857.71 04/26/2010 241,267.69 241,267.69
Loan Group II 0011779216 183,920.00 7.300% AZ 80.00 360 146,591.98 Active 42,422.61 42,422.61
Loan Group II 0011780616 522,500.00 9.095% CA 95.00 360 345,357.15 Active 273,668.56 273,668.56
Loan Group II 0011781273 297,000.00 7.125% NY 90.00 360 139,550.22 Active 213,136.12 213,136.12
Loan Group II 0011781920 133,000.00 8.000% NY 20.00 360 132,357.75 04/30/2010 133,853.68 133,853.68
Loan Group II 0011789643 472,000.00 7.520% CA 80.00 360 401,153.19 Active 88,251.02 88,251.02
Loan Group II 0011789876 188,800.00 8.625% NV 80.00 360 188,171.53 02/23/2010 1,220.31 159,771.98
Loan Group II 0011789965 192,000.00 8.850% VA 80.00 360 30,634.39 Active 172,160.78 172,160.78
Loan Group II 0011793394 137,800.00 12.375% NY 20.00 360 136,864.01 04/30/2010 166,519.85 166,519.85
Loan Group II 0011794507 156,750.00 8.250% FL 95.00 360 152,791.21 03/17/2010 444.72 161,850.36
Loan Group II 0011795380 139,920.00 9.625% MD 80.00 360 139,457.19 12/01/2009 128.98 122,487.13
Loan Group II 0011796347 46,875.00 9.720% MN 75.00 360 46,182.16 03/12/2010 211.02 42,138.63
Loan Group II 0011806658 90,000.00 11.625% NY 20.00 360 89,282.84 04/30/2010 109,346.61 109,346.61
Loan Group II 0073959498 182,750.00 9.000% FL 85.00 360 181,551.90 05/15/2010 227,415.90 227,415.90
Loan Group II 0073967035 180,000.00 8.250% MN 80.00 360 174,794.01 02/15/2010 42.50 53,143.47
Loan Group II 2000254860 154,800.00 8.840% GA 90.00 360 150,633.57 04/22/2010 52,411.13 52,411.13
Loan Group II 2000254935 234,767.00 5.000% TN 80.00 360 230,684.59 Active 70,073.10 70,073.10
Loan Group II 2000255070 72,000.00 7.640% MI 80.00 360 70,595.74 04/28/2010 75,419.32 75,419.32
Loan Group II 2000255087 68,000.00 8.840% OH 74.73 360 67,041.24 03/16/2010 472.23 95,507.09
Loan Group II 2000255225 68,000.00 9.990% IN 80.00 360 67,021.57 04/16/2010 58,480.48 58,480.48
Loan Group II 2000255231 84,000.00 7.990% KY 80.00 360 81,577.25 03/31/2010 169.65 91,557.88
Loan Group II 2000255233 132,600.00 8.140% MI 85.00 360 131,222.51 Active 258.58 258.58
Loan Group II 2000255258 96,000.00 9.040% OH 83.48 360 94,238.84 02/26/2010 352.40 80,209.81
Loan Group II 2000255278 71,750.00 8.590% IN 87.82 360 70,432.30 04/23/2010 71,275.51 71,275.51
Loan Group II 2000255380 110,400.00 8.540% IL 80.00 360 108,271.60 02/23/2010 449.58 127,495.89
Loan Group II 2000255394 193,600.00 7.790% IL 80.00 360 188,833.09 Active 22,620.51 22,620.51
Loan Group II 2000255534 292,000.00 7.190% IL 80.00 360 285,105.27 04/22/2010 318,267.61 318,267.61
Loan Group II 2000255549 204,250.00 9.140% WI 87.29 360 200,565.63 04/09/2010 (6,405.81) 156,326.63
Loan Group II 2000255642 207,000.00 9.090% ME 90.00 360 203,173.44 04/09/2010 (499.97) 180,830.87

Page 49
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Realized Loss Loan Detail Report - Loans with Losses during Current Period

Original Liquidated or Liquidation Cumulative


Loan Principal Current LTV at Original Ending Actual Effective Realized Realized
Group Number Balance Note Rate State Origination Term Balance Date Loss/(Gain) Loss/(Gain)
Loan Group II 2000255648 318,750.00 9.370% NH 83.88 360 312,291.51 Active (62,900.00) (62,900.00)
Loan Group II 2000255665 300,000.00 8.750% CA 85.71 360 300,000.00 04/01/2010 103.00 238,381.76
Loan Group II 2000255777 202,500.00 9.625% WA 90.00 360 199,189.38 04/23/2010 78,708.37 78,708.37
Loan Group II 2000255853 115,200.00 7.390% FL 80.00 360 111,529.75 05/03/2010 98,925.56 98,925.56
Loan Group II 2000255877 200,000.00 7.990% AZ 80.00 360 145,042.91 Active 67,618.94 67,618.94
Loan Group II 2000255945 257,295.00 8.490% AZ 85.00 360 250,943.27 04/30/2010 195,632.91 195,632.91
Loan Group II 2000256066 152,000.00 8.340% MN 80.00 360 152,000.00 02/26/2010 1,299.00 70,258.71
Loan Group II 2000256292 246,500.00 9.590% NJ 85.00 360 242,862.19 04/19/2010 279,057.64 279,057.64
Loan Group II 2000256351 176,000.00 7.420% NJ 80.00 360 173,493.87 Active 126,023.80 126,023.80
Loan Group II 2000256372 203,550.00 8.540% CA 84.99 360 201,222.57 03/04/2010 12.96 181,917.60
Loan Group II 2000281022 75,650.00 8.940% TN 85.00 360 74,012.10 03/02/2010 61.66 50,262.96
Loan Group II 2000281033 96,000.00 8.740% GA 80.00 360 93,941.47 03/16/2010 156.42 90,913.78
Loan Group II 2000281137 185,400.00 9.640% NJ 90.00 360 184,191.84 Active 120,613.15 120,613.15
Loan Group II 2000281143 97,200.00 8.820% PA 90.00 360 95,490.44 02/02/2010 750.00 96,683.53
Loan Group II 2000281158 325,000.00 8.440% DE 61.90 360 319,334.90 Active (43,700.00) (43,700.00)
Loan Group II 2000281165 288,000.00 8.750% NY 80.00 360 288,000.00 12/02/2009 12,228.79 300,020.33
Loan Group II 2000281217 159,300.00 9.190% PA 90.00 360 156,315.51 03/18/2010 454.98 183,428.47
Loan Group II 2000281220 240,000.00 7.590% PA 80.00 360 240,000.00 Active 4,027.00 4,027.00
Loan Group II 2000281243 68,000.00 8.790% MI 80.00 360 66,984.91 02/17/2010 389.32 78,175.46
Loan Group II 2000281328 182,000.00 8.650% FL 89.66 360 164,514.88 Active 38,476.06 38,476.06
Loan Group II 2000281337 204,000.00 7.890% FL 80.00 360 204,000.00 03/31/2010 1,360.00 261,387.09
Loan Group II 2000281358 260,000.00 6.690% FL 80.00 360 256,861.95 04/29/2010 238,908.97 238,908.97
Loan Group II 2000281366 253,000.00 8.290% FL 88.77 360 248,314.87 04/27/2010 258,827.32 258,827.32
Loan Group II 2000281441 36,600.00 6.190% IL 20.00 360 36,051.56 04/30/2010 36,690.22 36,690.22
Loan Group II 2000281460 155,000.00 9.220% IL 89.08 360 152,071.40 02/17/2010 379.53 126,531.74
Loan Group II 2000281508 140,250.00 8.940% MO 85.00 360 137,797.39 02/24/2010 515.40 107,799.48
Loan Group II 2000281589 88,200.00 9.790% MO 84.00 360 87,577.33 05/07/2010 88,657.86 88,657.86
Loan Group II 2000281601 236,000.00 8.190% IL 80.00 360 231,499.97 03/16/2010 1,152.34 210,139.76
Loan Group II 2000281730 320,000.00 6.890% CA 80.00 360 315,798.65 04/21/2010 234,257.98 234,257.98
Loan Group II 2000281766 328,000.00 7.250% MD 80.00 360 259,604.22 Active 132,742.22 132,742.22
Loan Group II 2000281927 283,500.00 8.340% WA 90.00 360 281,927.35 Active 172,684.74 172,684.74
Loan Group II 2000281936 271,920.00 7.740% OR 80.00 360 271,919.88 04/09/2010 (2,689.16) 115,657.62
Loan Group II 2000281963 382,500.00 8.590% OR 90.00 360 378,526.83 05/11/2010 217,144.28 217,144.28
Loan Group II 2000282010 215,000.00 7.940% FL 81.13 360 191,992.42 Active 51,469.78 51,469.78
Loan Group II 2000282015 145,600.00 8.540% FL 80.00 360 144,543.34 03/12/2010 661.74 164,503.95
Loan Group II 2000282108 161,000.00 6.990% AZ 70.00 360 157,913.84 04/30/2010 132,173.19 132,173.19
Loan Group II 2000282124 192,000.00 8.340% AZ 80.00 360 189,776.94 04/13/2010 (2,492.81) 89,540.22
Loan Group II 2000282135 169,000.00 7.340% AZ 86.67 360 169,000.00 Active 16,607.63 16,607.63
Loan Group II 2000282305 188,000.00 6.740% MN 80.00 360 181,120.72 04/23/2010 74,963.16 74,963.16
Loan Group II 2000282388 275,000.00 6.990% CA 79.02 360 268,317.86 03/26/2010 223.54 203,181.47

Page 50
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Realized Loss Loan Detail Report - Loans with Losses during Current Period

Original Liquidated or Liquidation Cumulative


Loan Principal Current LTV at Original Ending Actual Effective Realized Realized
Group Number Balance Note Rate State Origination Term Balance Date Loss/(Gain) Loss/(Gain)
Loan Group II 2000282424 270,000.00 7.560% CA 90.00 360 261,278.19 04/29/2010 160,765.85 160,765.85
Loan Group II 2000282427 550,000.00 6.990% CA 79.71 360 531,328.70 03/19/2010 (15.20) 328,621.10
Loan Group II 2000282430 314,500.00 7.640% CA 85.00 360 314,500.00 03/31/2010 2,227.68 261,039.59
Loan Group II 2000282441 202,500.00 9.090% CA 90.00 360 200,038.94 Active 32,983.01 32,983.01
Loan Group II 2000282564 448,000.00 7.940% NJ 80.00 360 448,000.00 03/08/2010 1,680.03 372,746.44
Loan Group II 2000282610 272,000.00 3.000% MA 80.00 360 163,929.81 Active 113,682.41 113,682.41
Loan Group II 2000282631 414,000.00 6.990% CA 90.00 360 407,662.20 04/30/2010 318,712.20 318,712.20

Realized Loss/(Gain) value may include Interest Loss, Principal Loss, and Expense amounts.
* This data is currently not provided for reporting.
** The current loss for this loan is associated with a modification; for further detail please see the Modification section.

Page 51
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Realized Loss Report - Collateral
Summary

MDR SDA
Current Month 1.014% Current Month 19.193%
3 Month Average 1.090% 3 Month Average 20.465%
12 Month Average 1.314% 12 Month Average 24.709%

MDR: Current vs. 12mo Average SDA: Current vs. 12mo Average

2.00% 35.00%

30.00%
1.60%
25.00%

1.20% Current MDR Current SDA


20.00%
12 Month Avg MDR 12 Month Avg SDA

0.80% 15.00%

10.00%
0.40%
5.00%

0.00% 0.00%
9

10

0
09

09

10
9

09

10

0
09

09

10
9

09
-1

-1
0

1
l-0

-0

-0

-1

-1
0

1
l-0

-0

-0
n-

n-

b-
g-

p-

r-
ct-

n-

n-

b-
g-

p-
ay

r-
ov

ec

ar

ct-

ay
ov

ec

ar
Ju

Ap

Ju
Ju

Ja

Fe
Au

Se

Ap
Ju

Ja

Fe
Au

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O

O
N

M
N

D
CDR Loss Severity
Current Month 11.516% Current Month (Cumulative) 56.887%
3 Month Average 12.279% 3 Month Average (Cumulative) 56.671%
12 Month Average 14.604% 12 Month Average (Cumulative) 55.691%

CDR: Current vs. 12mo Average Loss Severity: Current Month (Cumulative) Severity vs. 12mo Average (Cumulative) Severity

20.00% 60.00%

50.00%
16.00%

40.00%
12.00% Current CDR
12 Month Avg CDR 30.00%
8.00%
20.00%

4.00%
10.00%

0.00% 0.00%
9

10

10

0
0

0
09

09

09

09
10

10
9

9
09

09
-1

-1
-1

-1
0

1
l-0

l-0
-0

-0

-0

-0
n-

n-

b-

n-

n-

b-
g-

p-

g-

p-
r-

r-
ct-

ct-
ay

ay
ov

ec

ov

ec
ar

ar
Ju

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Ap
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Fe

Ju

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Au

Se

Au

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O

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M

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N

Page 52
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Realized Loss Report - Collateral
Loan Group I

MDR SDA
Current Month 0.848% Current Month 16.191%
3 Month Average 0.945% 3 Month Average 19.074%
12 Month Average 1.201% 12 Month Average 23.106%

MDR: Current vs. 12mo Average SDA: Current vs. 12mo Average

3.20% 60.00%

2.80%
50.00%
2.40%
40.00%
2.00% Current MDR Current SDA
12 Month Avg MDR 12 Month Avg SDA
1.60% 30.00%

1.20%
20.00%
0.80%
10.00%
0.40%

0.00% 0.00%
9

10

0
09

09

10
9

09

10

0
09

09

10
9

09
-1

-1
0

1
l-0

-0

-0

-1

-1
0

1
l-0

-0

-0
n-

n-

b-
g-

p-

r-
ct-

n-

n-

b-
g-

p-
ay

r-
ov

ec

ar

ct-

ay
ov

ec

ar
Ju

Ap

Ju
Ju

Ja

Fe
Au

Se

Ap
Ju

Ja

Fe
Au

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O

O
N

M
N

D
CDR Loss Severity
Current Month 9.715% Current Month (Cumulative) 61.946%
3 Month Average 10.698% 3 Month Average (Cumulative) 62.577%
12 Month Average 13.224% 12 Month Average (Cumulative) 60.342%

CDR: Current vs. 12mo Average Loss Severity: Current Month (Cumulative) Severity vs. 12mo Average (Cumulative) Severity

32.00% 70.00%

28.00% 60.00%

24.00%
50.00%
20.00%
Current CDR 40.00%
16.00% 12 Month Avg CDR
30.00%
12.00%
20.00%
8.00%

4.00% 10.00%

0.00% 0.00%
9

10

10

0
0

0
09

09

09

09
10

10
9

9
09

09
-1

-1
-1

-1
0

1
l-0

l-0
-0

-0

-0

-0
n-

n-

b-

n-

n-

b-
g-

p-

g-

p-
r-

r-
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ct-
ay

ay
ov

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ov

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ar

ar
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Ap
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Fe

Ju

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Fe
Au

Se

Au

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O

O
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M
M

M
N

Page 53
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Realized Loss Report - Collateral
Loan Group II

MDR SDA
Current Month 1.042% Current Month 19.695%
3 Month Average 1.114% 3 Month Average 20.904%
12 Month Average 1.332% 12 Month Average 25.063%

MDR: Current vs. 12mo Average SDA: Current vs. 12mo Average

1.80% 35.00%

1.60%
30.00%
1.40%
25.00%
1.20%
Current MDR Current SDA
1.00% 20.00%
12 Month Avg MDR 12 Month Avg SDA
0.80% 15.00%
0.60%
10.00%
0.40%

0.20% 5.00%

0.00% 0.00%
9

10

0
09

09

10
9

09

10

0
09

09

10
9

09
-1

-1
0

1
l-0

-0

-0

-1

-1
0

1
l-0

-0

-0
n-

n-

b-
g-

p-

r-
ct-

n-

n-

b-
g-

p-
ay

r-
ov

ec

ar

ct-

ay
ov

ec

ar
Ju

Ap

Ju
Ju

Ja

Fe
Au

Se

Ap
Ju

Ja

Fe
Au

Se
O

O
N

M
N

D
CDR Loss Severity
Current Month 11.817% Current Month (Cumulative) 56.328%
3 Month Average 12.542% 3 Month Average (Cumulative) 56.052%
12 Month Average 14.790% 12 Month Average (Cumulative) 55.240%

CDR: Current vs. 12mo Average Loss Severity: Current Month (Cumulative) Severity vs. 12mo Average (Cumulative) Severity

20.00% 60.00%

50.00%
16.00%

40.00%
12.00% Current CDR
12 Month Avg CDR 30.00%
8.00%
20.00%

4.00%
10.00%

0.00% 0.00%
9

10

10

0
0

0
09

09

09

09
10

10
9

9
09

09
-1

-1
-1

-1
0

1
l-0

l-0
-0

-0

-0

-0
n-

n-

b-

n-

n-

b-
g-

p-

g-

p-
r-

r-
ct-

ct-
ay

ay
ov

ec

ov

ec
ar

ar
Ju

Ju
Ap

Ap
Ju

Ja

Fe

Ju

Ja

Fe
Au

Se

Au

Se
O

O
M

M
M

M
N

D
Calculation Methodology:
Monthly Default Rate (MDR): Sum(Beg Scheduled Balance of Liquidated Loans) / Sum(Beg Scheduled Balance).
Conditional Default Rate (CDR): 1-((1-MDR)^12)
SDA Standard Default Assumption: If WAS ≤ 30 then CDR / (WAS * 0.02) else if 30 < WAS ≤ 60 then CDR / 0.6 else if 60 < WAS ≤ 120 then CDR / (0.6 - ((WAS - 60) * 0.0095)) else if WAS > 120 then CDR / 0.03
Cumulative Loss Severity: Sum(All Realized Losses) / Sum(Actual Liquidated Balance for loans that have experienced a loss). 3 Month Average and 12 Month Average will not have values until the 3rd and 12th
month respectively.

Page 54
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Prepayment Detail - Prepayments during Current Period


Summary

Loans Paid in Full Repurchased Loans Substitution Loans Liquidated Loans Curtailments
Original Current Original Current Original Current Original Current
Principal Scheduled Principal Scheduled Principal Scheduled Principal Scheduled Curtailment
Count Balance Balance Count Balance Balance Count Balance Balance Count Balance Balance Amount
Loan Group I 1 272,000.00 272,000.00 0 0.00 0.00 0 0.00 0.00 6 886,046.00 877,679.89 (167,279.25)
Loan Group II 3 377,000.00 371,607.17 0 0.00 0.00 0 0.00 0.00 36 6,480,190.00 6,382,225.01 935,956.85
Total 4 649,000.00 643,607.17 0 0.00 0.00 0 0.00 0.00 42 7,366,236.00 7,259,904.90 768,677.60

Prepayment Loan Detail - Prepayments during Current Period

First Original Current


Loan LTV at Payment Principal Prepayment Months Loan Original
Group Number State Origination Date Balance Amount PIF Type Delinquent Rate Term Seasoning
Loan Group I 0011743860 TN 80.00 01-Jan-2007 128,000.00 126,759.13 Liquidation 14 9.125% 360 40
Loan Group I 0011764707 TX 80.00 01-Jan-2007 95,796.00 94,820.94 Liquidation 26 8.950% 360 40
Loan Group I 0011769685 MD 95.00 01-Dec-2006 228,000.00 225,666.11 Liquidation 21 8.400% 360 41
Loan Group I 0011771476 CO 80.00 01-Jan-2007 204,000.00 202,799.54 Liquidation 15 7.900% 360 40
Loan Group I 0011776609 MD 95.00 01-Feb-2007 109,250.00 107,286.47 Liquidation 20 9.300% 360 39
Loan Group I 0011779675 CA 52.82 01-Feb-2007 272,000.00 272,000.00 Loan Paid in Full 0 6.000% 360 39
Loan Group I 0011801427 CA 50.42 01-Feb-2007 121,000.00 118,915.30 Liquidation 28 8.500% 360 39
Loan Group II 0011701882 LA 80.00 01-Dec-2006 61,600.00 59,719.38 Loan Paid in Full 0 8.320% 360 41
Loan Group II 0011712000 NV 80.00 01-Dec-2006 203,200.00 202,558.66 Liquidation 31 8.670% 360 41
Loan Group II 0011720826 LA 20.00 01-Dec-2006 15,400.00 15,199.10 Loan Paid in Full 0 12.625% 360 41
Loan Group II 0011727304 FL 80.00 01-Oct-2006 199,200.00 196,957.15 Liquidation 34 7.700% 360 43
Loan Group II 0011727314 FL 20.00 01-Oct-2006 49,800.00 49,598.90 Liquidation 33 11.900% 180 43
Loan Group II 0011730284 CA 80.00 01-Jan-2007 536,000.00 528,209.10 Liquidation 23 7.345% 360 40
Loan Group II 0011735035 CA 20.00 01-Jan-2007 45,000.00 44,394.86 Liquidation 7 11.250% 360 40
Loan Group II 0011736868 IL 20.00 01-Feb-2007 79,000.00 78,280.85 Liquidation 26 10.990% 360 39
Loan Group II 0011738132 CA 20.00 01-Jan-2007 67,000.00 66,296.77 Liquidation 19 10.750% 360 40
Loan Group II 0011748700 CA 20.00 01-Jan-2007 46,000.00 45,641.02 Liquidation 23 10.990% 360 40
Loan Group II 0011758697 NJ 20.00 01-Jan-2007 86,000.00 85,401.54 Liquidation 25 10.990% 360 40
Loan Group II 0011759913 MN 95.00 01-Jan-2007 160,075.00 159,039.05 Liquidation 19 8.375% 360 40
Loan Group II 0011764976 ID 80.00 01-Feb-2007 87,040.00 84,341.67 Liquidation 11 8.020% 360 39
Loan Group II 0011769281 TX 20.00 01-Jan-2007 28,980.00 28,826.04 Liquidation 28 9.990% 360 40
Loan Group II 0011778665 NJ 93.58 01-Feb-2007 496,000.00 488,857.71 Liquidation 11 7.750% 360 39
Loan Group II 0011781920 NY 20.00 01-Feb-2007 133,000.00 132,357.75 Liquidation 15 8.000% 360 39
Loan Group II 0011793394 NY 20.00 01-Feb-2007 137,800.00 136,864.01 Liquidation 34 12.375% 360 39
Loan Group II 0011806658 NY 20.00 01-Feb-2007 90,000.00 89,282.84 Liquidation 36 11.625% 360 39

Page 55
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Morgan Stanley ABS Capital I Inc. Securities Administration Services
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Prepayment Loan Detail - Prepayments during Current Period

First Original Current


Loan LTV at Payment Principal Prepayment Months Loan Original
Group Number State Origination Date Balance Amount PIF Type Delinquent Rate Term Seasoning
Loan Group II 0073959498 FL 85.00 01-Jan-2007 182,750.00 181,551.90 Liquidation 35 9.000% 360 40
Loan Group II 2000254860 GA 90.00 01-Jan-2007 154,800.00 150,633.57 Liquidation 12 8.840% 360 40
Loan Group II 2000255070 MI 80.00 01-Feb-2007 72,000.00 70,595.74 Liquidation 16 7.640% 360 39
Loan Group II 2000255225 IN 80.00 11-Jan-2007 68,000.00 67,021.57 Liquidation 17 9.990% 360 40
Loan Group II 2000255278 IN 87.82 27-Jan-2007 71,750.00 70,432.30 Liquidation 18 8.590% 360 39
Loan Group II 2000255534 IL 80.00 01-Feb-2007 292,000.00 285,105.27 Liquidation 25 7.190% 360 39
Loan Group II 2000255754 OR 49.83 01-Feb-2007 300,000.00 296,527.48 Loan Paid in Full 0 8.270% 360 39
Loan Group II 2000255777 WA 90.00 01-Jan-2007 202,500.00 199,189.38 Liquidation 14 9.625% 360 40
Loan Group II 2000255853 FL 80.00 21-Jan-2007 115,200.00 111,529.75 Liquidation 16 7.390% 360 39
Loan Group II 2000255945 AZ 85.00 01-Feb-2007 257,295.00 250,943.27 Liquidation 21 8.490% 360 39
Loan Group II 2000256292 NJ 85.00 01-Feb-2007 246,500.00 242,862.19 Liquidation 31 9.590% 360 39
Loan Group II 2000281358 FL 80.00 19-Feb-2007 260,000.00 256,861.95 Liquidation 25 6.690% 360 38
Loan Group II 2000281366 FL 88.77 01-Mar-2007 253,000.00 248,314.87 Liquidation 23 8.290% 360 38
Loan Group II 2000281441 IL 20.00 01-Feb-2007 36,600.00 36,051.56 Liquidation 8 6.190% 360 39
Loan Group II 2000281589 MO 84.00 01-Mar-2007 88,200.00 87,577.33 Liquidation 19 9.790% 360 38
Loan Group II 2000281730 CA 80.00 01-Feb-2007 320,000.00 315,798.65 Liquidation 22 6.890% 360 39
Loan Group II 2000281963 OR 90.00 01-Mar-2007 382,500.00 378,526.83 Liquidation 28 8.590% 360 38
Loan Group II 2000282108 AZ 70.00 01-Feb-2007 161,000.00 157,913.84 Liquidation 19 6.990% 360 39
Loan Group II 2000282305 MN 80.00 01-Mar-2007 188,000.00 181,120.72 Liquidation 11 6.740% 360 38
Loan Group II 2000282424 CA 90.00 01-Mar-2007 270,000.00 261,278.19 Liquidation 12 7.560% 360 38
Loan Group II 2000282631 CA 90.00 01-Feb-2007 414,000.00 407,662.20 Liquidation 19 6.990% 360 39

Page 56
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Morgan Stanley ABS Capital I Inc. Securities Administration Services
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Fax: 240-586-8675

Prepayment Penalty Detail - Prepayment Penalty Paid during Current Period

Prepayment Penalty Prepayment Penalty


Summary Loan Count Prior Balance
Amount Waived
Loan Group I 0 0.00 0.00 0.00
Loan Group II 0 0.00 0.00 0.00
Total 0 0.00 0.00 0.00

Prepayment Penalty Loan Detail - Prepayment Penalty Paid during Current Period

Loan Paid In Full Prior Prepayment Penalty Prepayment Penalty


Group Number Date Balance Amount Waived

No Prepayment Penalties this Period

Page 57
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Prepayment Rates
Summary

SMM CPR PSA


Current Month 1.212% Current Month 13.608% Current Month 226.801%
3 Month Average 1.182% 3 Month Average 13.225% 3 Month Average 220.421%
12 Month Average 1.695% 12 Month Average 15.479% 12 Month Average 261.888%

CPR: Current vs 12mo Average PSA: Current vs. 12mo Average

24.00% 400.00%

350.00%
20.00%
300.00%
16.00%
Current CPR 250.00%
Current PSA
12mo Average CPR 12mo Average PSA
12.00% 200.00%

150.00%
8.00%
100.00%
4.00%
50.00%

0.00% 0.00%
9

9
0

0
0

0
9

9
9

0
10

10

0
9

9
-0

-0
r-1

r-1
-1

-1
-1

-1
l-0

l-0
0

1
0

-0

-0

-0

-0
b-

b-
n-

n-

n-

n-
g-

p-

g-

p-
ct

ct
ay

ay
ar

ar
ov

ec

ov

ec
Ju

Ju
Ap

Ap
Ju

Ja

Ju

Ja
Fe

Fe
Au

Se

Au

Se
O

O
M

M
M

M
N

D
Loan Group I

SMM CPR PSA


Current Month 0.948% Current Month 10.804% Current Month 180.067%
3 Month Average 1.007% 3 Month Average 11.377% 3 Month Average 189.624%
12 Month Average 1.533% 12 Month Average 14.052% 12 Month Average 237.143%

CPR: Current vs 12mo Average PSA: Current vs. 12mo Average

35.00% 600.00%

30.00% 500.00%

25.00%
400.00%
Current CPR Current PSA
20.00%
12mo Average CPR 12mo Average PSA
300.00%
15.00%
200.00%
10.00%

5.00% 100.00%

0.00% 0.00%
9

9
0

0
0

0
9

9
9

0
10

10

0
9

9
-0

-0
r-1

r-1
-1

-1
-1

-1
l-0

l-0
0

1
0

-0

-0

-0

-0
b-

b-
n-

n-

n-

n-
g-

p-

g-

p-
ct

ct
ay

ay
ar

ar
ov

ec

ov

ec
Ju

Ju
Ap

Ap
Ju

Ja

Ju

Ja
Fe

Fe
Au

Se

Au

Se
O

O
M

M
M

M
N

Page 58
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Prepayment Rates
Loan Group II

SMM CPR PSA


Current Month 1.256% Current Month 14.074% Current Month 234.568%
3 Month Average 1.211% 3 Month Average 13.533% 3 Month Average 225.554%
12 Month Average 1.721% 12 Month Average 15.667% 12 Month Average 265.484%

CPR: Current vs 12mo Average PSA: Current vs. 12mo Average

24.00% 450.00%

400.00%
20.00%
350.00%

16.00% 300.00%
Current CPR Current PSA
12mo Average CPR 250.00%
12mo Average PSA
12.00%
200.00%

8.00% 150.00%

100.00%
4.00%
50.00%

0.00% 0.00%
9

9
0

0
0

0
9

9
9

0
10

10

0
9

9
-0

-0
r-1

r-1
-1

-1
-1

-1
l-0

l-0
0

1
0

-0

-0

-0

-0
b-

b-
n-

n-

n-

n-
g-

p-

g-

p-
ct

ct
ay

ay
ar

ar
ov

ec

ov

ec
Ju

Ju
Ap

Ap
Ju

Ja

Ju

Ja
Fe

Fe
Au

Se

Au

Se
O

O
M

M
M

M
N

D
Calculation Methodology:
Single Month Mortality (SMM): (Partial and full prepayments + Repurchases) / (Beginning Scheduled Balance - Scheduled Principal)
Conditional PrePayment Rate (CPR): 1 - ((1 - SMM)^12)
PSA Standard Prepayment Model: 100 * CPR / (0.2 * MIN(30,WAS))
Weighted Average Seasoning (WAS): sum((Original Term - Remaining Term)*(Current Scheduled Balance/Deal Scheduled Principal Balance))

Page 59
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Wells Fargo Bank, N.A.
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Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Modification Summary

Current Scheduled Current Scheduled Current


Loan Count Loan Count Loan
Balance Balance Scheduled
(Numerator) (Denominator) Count %
(Numerator) (Denominator) Balance %

Number of loans modified within the past 12 months that are currently 87 2,022 4.303% 18,837,207.16 432,915,280.07 4.351%
delinquent (against the total number of loans delinquent within the deal)
Number of modified loans that have passed the loan modification 564 882 63.946% 123,762,651.69 194,971,344.22 63.477%
performance test (against the total number of modified loans)
Number of loans modified in the current cycle (against the number of loans 13 3,453 0.376% 3,769,339.75 706,627,009.04 0.533%
within the deal)
Number of modified loans (against the total number of loans within the deal) 882 3,453 25.543% 194,971,344.22 706,627,009.04 27.592%
Number of loans modified within the last 12 months (against the total 503 882 57.029% 112,706,967.80 194,971,344.22 57.807%
number of modified loans within the deal)
Number of loans modified within the last 12 months (against the total 503 3,453 14.567% 112,706,967.80 706,627,009.04 15.950%
number of loans within the deal)
Number of modified loans that are not currently delinquent after the 564 882 63.946% 123,762,651.69 194,971,344.22 63.477%
modification (against the number of modified loans within the deal)
Number of loans modified in the current cycle that are not currently 12 13 92.308% 3,424,012.23 3,769,339.75 90.839%
delinquent (against the number of loans modified in the current cycle)
Number of loans modified in the current cycle that are currently delinquent 1 13 7.692% 345,327.52 3,769,339.75 9.161%
(against the number of loans modified in the current cycle)
Number of modified loans that were not delinquent at the time of the 175 882 19.841% 32,819,486.17 194,971,344.22 16.833%
modification (against the number of loans modified within the deal)
Number of modified loans that were delinquent at the time of the 706 882 80.045% 162,057,859.10 194,971,344.22 83.119%
modification (against the total number of loans modified within the deal)
Delinquencies are classified based on the logic set forth in the governing documents.
If a loan is modified in the first month of the security it is assumed the loan is delinquent.
This summary excludes inactive loans.

Page 60
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Modification Detail
Modification Detail Summary
Current Cumulative
Original Current Capitalized Original Current Capitalized
Groups Loan Principal Scheduled Capitalized Reimbursement Total Loan Principal Scheduled Capitalized Reimbursement Total
Count Balance Balance Amount Amount Forgiveness Count Balance Balance Amount Amount Forgiveness
Loan Group I 2 512,000.00 554,448.29 47,944.98 (47,966.88) 0.00 141 29,313,590.00 29,303,867.64 881,426.56 (893,255.68) 107,548.52
Loan Group II 11 3,069,890.00 3,214,891.46 193,457.90 (99,034.42) 0.00 755 164,988,412.79 165,667,476.58 5,084,259.35 (4,867,491.13) 951,519.23
Total 13 3,581,890.00 3,769,339.75 241,402.88 (147,001.30) 0.00 896 194,302,002.79 194,971,344.22 5,965,685.91 (5,760,746.81) 1,059,067.75

Current Month Modification Detail


Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group I
0011722771 05/19/2010 Pre Mod 9 No Action 06/01/2009 8.750 1,417.52 12/01/2036 * 12/01/2036 191,077.24
192,000.00 05/01/2010 19,351.59 (18,560.32) * 1 Post Mod 0 No Action 05/01/2010 2.250 875.06 12/01/2036 * 12/01/2036 209,120.77
0011733811 05/19/2010 Pre Mod 7 No Action 08/01/2009 7.990 2,225.02 12/01/2036 * 12/01/2036 316,146.85
320,000.00 05/01/2010 28,593.39 (29,406.56) * 2 Post Mod 6 No Action 10/01/2009 2.000 752.80 12/01/2036 * 12/01/2036 345,327.52
Loan Group II
0011751514 05/19/2010 Pre Mod 17 No Action 10/01/2008 6.400 4,230.67 12/01/2036 * * 793,250.01
793,250.00 05/01/2010 80,467.73 (77,402.20) * 1 Post Mod (1) No Action 06/01/2010 3.500 2,313.65 12/01/2036 * * 870,652.21
0011757614 04/21/2010 Pre Mod 3 No Action 12/01/2009 5.000 2,610.00 12/01/2036 * * 649,421.83
627,000.00 05/01/2010 23,021.10 0.00 * 1 Post Mod 0 No Action 05/01/2010 2.000 1,969.30 12/01/2036 274,863.22 12/01/2036 648,534.90
0011758288 05/19/2010 Pre Mod 13 No Action 02/01/2009 7.550 1,252.42 12/01/2036 * * 199,059.77
199,920.00 04/01/2010 24,096.87 (21,632.16) * 1 Post Mod 0 No Action 04/01/2010 2.000 749.48 12/01/2036 * * 220,274.22
2000255286 04/21/2010 Pre Mod 2 No Action 01/06/2010 8.130 695.39 01/06/2037 * 01/06/2037 100,542.32
99,920.00 05/01/2010 3,162.60 0.01 * 1 Post Mod 0 No Action 05/01/2010 6.657 611.00 01/01/2047 * 01/06/2037 100,489.04
2000255478 04/21/2010 Pre Mod 1 No Action 02/01/2010 6.540 1,220.80 01/01/2037 * * 189,441.28
192,000.00 05/01/2010 5,148.20 0.00 * 2 Post Mod 0 No Action 05/01/2010 5.250 1,101.71 01/01/2037 * * 189,168.38
2000255721 04/21/2010 Pre Mod 0 No Action 04/13/2010 6.790 1,367.65 12/13/2036 * * 221,916.21
210,000.00 05/01/2010 19,720.30 (0.01) * 1 Post Mod 0 No Action 05/13/2010 4.840 1,234.00 12/01/2036 * * 221,577.21
2000280728 04/21/2010 Pre Mod 0 No Action 04/20/2010 9.340 708.98 12/20/2036 * * 89,446.24
85,500.00 05/01/2010 5,967.65 0.00 * 1 Post Mod 0 No Action 05/20/2010 6.040 505.73 12/20/2036 45,204.58 12/20/2036 89,390.72
2000281006 04/21/2010 Pre Mod 7 Foreclosure 08/01/2009 9.750 1,715.43 02/01/2037 * * 211,066.58
199,800.00 05/01/2010 14,433.02 (0.06) * 1 Post Mod 0 No Action 05/01/2010 2.750 927.52 02/01/2037 0.00 * 210,613.23
2000281225 04/21/2010 Pre Mod 5 No Action 10/01/2009 7.240 1,165.36 02/01/2037 * * 170,834.71
171,000.00 05/01/2010 5,524.25 0.00 * 1 Post Mod (1) No Action 06/01/2010 4.250 890.20 02/01/2037 * * 170,549.55

Page 61
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Current Month Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000282327 04/21/2010 Pre Mod 1 No Action 02/01/2010 7.390 1,002.97 02/01/2037 * * 142,805.59
145,000.00 05/01/2010 2,888.28 0.00 * 1 Post Mod 0 No Action 05/01/2010 6.287 919.00 02/01/2037 * * 142,634.75
2000282376 04/21/2010 Pre Mod (1) No Action 05/01/2010 6.950 1,990.40 02/01/2037 * * 351,663.98
346,500.00 05/01/2010 9,027.90 0.00 * 1 Post Mod (1) No Action 06/01/2010 3.500 1,682.42 03/01/2037 * * 351,007.25

All Pre Mod values are from the cycle directly preceding the modification effective date, except for a modification with a prior effective date which will come from the cycle directly preceding the modification approval date.
Total Capitalized Reimbursement Amount is a projected value based upon the adjusted principal at the time of modification.
* This data is currently not provided for reporting.

Historical Modification Detail


Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group I
0011653693 12/21/2009 Pre Mod 0 No Action 11/01/2009 8.100 2,136.99 09/01/2036 * 09/01/2036 309,371.37
311,000.00 11/01/2009 4,953.57 (4,472.26) * Post Mod (1) No Action 01/01/2010 2.000 1,204.63 05/01/2038 * 09/01/2036 312,144.07
1 Current Values 0 No Action 05/01/2010 2.000 1,204.63 05/01/2038 * 09/01/2036 308,710.70
0011675422 02/19/2009 Pre Mod 0 No Action 01/01/2009 10.375 577.08 10/01/2036 * * 62,949.87
64,000.00 11/01/2008 * (730.37) * Post Mod 0 No Action 02/01/2009 9.745 554.29 10/01/2036 * * 63,637.16
0011675422 03/18/2010 Pre Mod 0 No Action 01/01/2010 9.745 554.29 10/01/2036 * * 62,822.46
64,000.00 02/01/2010 1,022.11 (1,119.51) * Post Mod 0 No Action 02/01/2010 9.745 561.38 10/01/2036 * * 63,890.76
2 Current Values 0 No Action 05/01/2010 9.745 561.38 10/01/2036 N/A N/A 63,795.60
0011693888 05/20/2009 Pre Mod 3 No Action 12/01/2008 11.000 757.10 11/01/2036 * * 78,635.96
79,500.00 05/01/2009 0.00 (109.44) * Post Mod 0 No Action 05/01/2009 10.500 729.81 11/01/2036 * * 78,512.74
1 Current Values 1 No Action 03/01/2010 10.500 729.81 11/01/2036 N/A N/A 78,067.24
0011694391 04/21/2010 Pre Mod 12 No Action 02/01/2009 11.125 673.25 01/01/2037 * * 58,464.30
70,000.00 04/01/2010 0.00 0.00 * Post Mod (1) No Action 05/01/2010 3.950 294.75 01/01/2037 * * 58,361.99
1 Current Values (1) No Action 06/01/2010 3.950 294.75 01/01/2037 N/A N/A 58,259.35
0011694782 04/20/2009 Pre Mod 1 No Action 01/01/2009 10.500 1,093.70 10/01/2036 * * 118,004.45
119,920.00 03/21/2009 0.00 (181.21) * Post Mod 0 No Action 04/01/2009 6.000 731.23 10/01/2036 * * 118,044.45
0011694782 03/22/2010 Pre Mod 2 No Action 11/01/2009 6.000 731.23 10/01/2036 * * 116,602.22
119,920.00 01/01/2010 7,116.72 (7,525.11) * Post Mod 3 No Action 11/01/2009 4.375 657.68 10/01/2036 * * 123,894.76
2 Current Values 0 No Action 05/01/2010 4.375 657.68 10/01/2036 N/A N/A 123,482.05
0011704733 12/18/2008 Pre Mod 0 No Action 10/01/2008 9.500 977.92 09/01/2036 * 09/01/2036 120,083.32
120,800.00 09/01/2008 * (1,084.35) * Post Mod 2 No Action 09/01/2008 9.500 986.46 09/01/2036 76,611.66 09/01/2036 121,131.87
1 Current Values 2 No Action 02/01/2010 9.500 986.67 09/01/2036 76,611.66 09/01/2036 120,628.64

Page 62
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group I
0011707733 04/21/2010 Pre Mod 0 No Action 02/01/2010 10.990 664.19 11/01/2036 * * 69,477.17
69,800.00 04/01/2010 1,368.06 0.00 * Post Mod (1) No Action 05/01/2010 3.950 351.50 11/01/2036 * * 69,354.37
1 Current Values (1) No Action 06/01/2010 3.950 351.50 11/01/2036 N/A N/A 69,231.16
0011707760 02/24/2010 Pre Mod 8 No Action 04/01/2009 7.990 1,539.44 11/01/2036 * * 205,499.92
210,000.00 02/01/2010 15,924.93 (155,678.67) * Post Mod 7 No Action 06/01/2009 2.000 198.14 01/01/1950 0.00 * 361,322.95
1 Current Values (2) No Action 07/01/2010 2.000 602.20 01/01/1950 N/A N/A 219,795.66
0011708199 05/19/2008 Pre Mod * * * * * * * * *
202,500.00 03/18/2008 * 0.00 * Post Mod 0 No Action 05/01/2008 7.990 1,522.48 * * * 218,000.72
1 Current Values 22 No Action 06/01/2008 7.990 1,524.46 11/01/2036 * 11/01/2036 216,441.70
0011710545 04/20/2009 Pre Mod (1) No Action 05/01/2009 10.500 911.28 11/01/2036 * 11/01/2036 103,921.39
102,800.00 05/01/2009 * (0.01) * Post Mod 0 No Action 05/01/2009 10.500 927.55 11/01/2036 68,739.31 11/01/2036 103,902.43
1 Current Values 0 No Action 05/01/2010 4.550 569.80 11/01/2036 68,739.31 11/01/2036 105,171.25
0011713131 07/20/2009 Pre Mod (1) No Action 08/01/2009 6.250 1,999.68 01/01/2037 * * 314,794.67
325,000.00 08/01/2009 0.00 0.00 0.00 Post Mod 0 No Action 08/01/2009 6.250 1,999.68 01/01/2037 0.00 * 314,434.55
1 Current Values 0 No Action 04/01/2010 6.250 1,999.68 01/01/2037 N/A N/A 311,107.83
0011715196 07/22/2008 Pre Mod * * * * * * * * *
42,000.00 06/20/2008 * (3,577.25) * Post Mod 5 No Action 01/01/2008 12.875 527.95 * * * 44,050.91
0011715196 08/19/2009 Pre Mod 7 No Action 11/01/2008 12.875 577.30 11/01/2021 * * 42,718.02
42,000.00 07/29/2009 * (5,923.00) * Post Mod (1) No Action 09/01/2009 12.875 577.30 11/01/2021 * * 48,522.05
2 Current Values 5 No Action 11/01/2009 12.875 657.57 11/01/2021 N/A N/A 48,246.64
0011715197 07/22/2008 Pre Mod * * * * * * * * *
168,000.00 06/23/2008 * (17,227.06) * Post Mod 5 No Action 01/01/2008 7.970 1,229.21 * * * 182,809.88
0011715197 08/19/2009 Pre Mod 8 No Action 10/01/2008 9.250 1,519.84 11/01/2036 * * 181,283.21
168,000.00 08/01/2009 * (18,029.06) * Post Mod (1) No Action 09/01/2009 9.250 1,669.84 11/01/2036 * * 199,039.82
2 Current Values 5 No Action 11/01/2009 8.250 1,531.99 11/01/2036 N/A N/A 197,614.20
0011716093 02/19/2010 Pre Mod 16 No Action 08/01/2008 11.250 728.45 11/01/2036 * * 65,136.72
75,000.00 01/01/2010 * (0.66) * Post Mod (1) No Action 03/01/2010 3.950 329.42 09/01/2036 * * 64,817.79
1 Current Values (1) No Action 06/01/2010 3.950 329.42 09/01/2036 N/A N/A 64,263.21
0011716882 03/22/2010 Pre Mod 5 No Action 08/01/2009 8.350 988.38 11/01/2036 * 11/01/2036 135,370.21
136,800.00 01/01/2010 7,950.34 (7,974.25) * Post Mod 6 No Action 08/01/2009 3.250 668.91 11/01/2036 * 11/01/2036 143,042.18
1 Current Values 0 No Action 05/01/2010 3.250 668.91 11/01/2036 * 11/01/2036 142,478.41
0011719508 01/20/2009 Pre Mod 6 No Action 05/01/2008 10.125 2,590.72 12/01/2036 * 12/01/2036 327,365.93
328,000.00 12/01/2008 * (23,721.09) * Post Mod 7 No Action 05/01/2008 10.125 2,784.17 12/01/2036 * 12/01/2036 351,065.00
0011719508 02/19/2009 Pre Mod 7 No Action 05/01/2008 10.125 2,784.17 12/01/2036 * 12/01/2036 351,065.00
328,000.00 01/01/2009 * 283.00 * Post Mod 0 No Action 01/01/2009 6.000 1,859.58 12/01/2036 259,563.51 12/01/2036 350,677.75
2 Current Values 9 No Action 07/01/2009 6.000 1,859.58 12/01/2036 259,563.51 12/01/2036 349,021.37

Page 63
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group I
0011721633 05/19/2009 Pre Mod 4 No Action 11/01/2008 10.500 3,107.87 11/01/2036 * 11/01/2036 348,202.49
351,500.00 05/01/2009 17,420.68 (433.05) 0.00 Post Mod 5 No Action 11/01/2008 3.500 1,390.80 11/01/2046 * 11/01/2036 348,260.33
0011721633 06/23/2009 Pre Mod 5 No Action 11/01/2008 9.750 2,904.79 11/01/2046 * 11/01/2036 348,260.33
351,500.00 05/01/2009 17,420.68 0.00 15,386.44 Post Mod 0 No Action 06/01/2009 3.500 1,390.80 11/01/2046 * 11/01/2036 347,885.29
2 Current Values 1 No Action 03/01/2010 3.500 1,390.80 11/01/2046 * 11/01/2036 343,686.95
0011722176 12/20/2008 Pre Mod 3 No Action 07/01/2008 6.500 1,820.81 12/01/2036 * 12/01/2036 321,258.58
323,000.00 09/17/2008 * (276.79) * Post Mod 4 No Action 07/01/2008 6.500 1,822.59 12/01/2036 243,965.78 12/01/2036 321,452.93
0011722176 07/20/2009 Pre Mod (1) No Action 08/01/2009 6.500 1,822.59 12/01/2036 243,965.78 12/01/2036 321,000.68
323,000.00 08/01/2009 6,874.53 (290.29) 0.00 Post Mod 0 No Action 08/01/2009 5.250 1,533.56 12/01/2056 243,965.78 12/01/2036 321,161.79
2 Current Values 0 No Action 05/01/2010 5.250 1,533.56 12/01/2056 243,965.78 12/01/2036 326,859.59
0011725199 06/19/2008 Pre Mod * * * * * * * * *
316,000.00 04/01/2008 * (3,110.18) * Post Mod 0 No Action 06/01/2008 10.270 2,864.28 * * * 315,876.99
1 Current Values 8 Foreclosure 08/01/2009 10.270 2,864.28 11/01/2036 N/A N/A 311,806.12
0011726091 03/22/2010 Pre Mod 0 No Action 02/01/2010 3.625 744.91 12/01/2036 * 12/01/2036 142,661.72
144,000.00 01/01/2010 10,536.28 (10,600.03) * Post Mod 0 No Action 03/01/2010 3.625 744.91 12/01/2036 * 12/01/2036 152,947.80
1 Current Values 0 No Action 05/01/2010 3.625 744.91 12/01/2036 * 12/01/2036 152,381.19
0011726824 04/21/2009 Pre Mod (1) No Action 05/01/2009 10.875 3,700.13 11/01/2036 * 11/01/2036 422,923.99
403,750.00 05/01/2009 * 0.00 * Post Mod (1) No Action 06/01/2009 7.500 2,643.67 11/01/2036 * 11/01/2036 422,450.27
1 Current Values 3 No Action 01/01/2010 8.000 2,816.09 11/01/2036 * 11/01/2036 422,413.36
0011728899 03/18/2010 Pre Mod 9 No Action 05/01/2009 8.375 1,394.47 11/01/2036 * 11/01/2036 217,402.34
202,000.00 04/01/2010 17,061.76 (196.30) * Post Mod 0 No Action 04/01/2010 8.000 1,645.65 11/01/2036 * 11/01/2036 217,402.34
1 Current Values 0 No Action 04/01/2010 8.000 1,449.35 11/01/2036 * 11/01/2036 217,402.34
0011729057 12/18/2008 Pre Mod 6 No Action 04/01/2008 8.000 1,717.42 12/01/2036 * 12/01/2036 245,247.59
247,000.00 09/01/2008 * (8,800.30) * Post Mod 2 No Action 09/01/2008 8.000 1,775.71 12/01/2036 150,281.78 12/01/2036 253,907.16
1 Current Values INACTIVE
0011729630 02/20/2009 Pre Mod 8 No Action 05/01/2008 9.990 234.97 11/01/2036 * * 28,691.05
26,798.00 03/01/2009 * 0.00 * Post Mod (1) No Action 04/01/2009 7.000 195.55 11/01/2036 * * 28,662.86
0011729630 04/21/2010 Pre Mod 9 No Action 05/01/2009 7.000 195.55 11/01/2036 * * 28,605.99
26,798.00 04/01/2010 2,085.46 (1,798.68) 230.44 Post Mod 0 No Action 04/01/2010 4.200 158.00 11/01/2036 * * 29,910.27
2 Current Values 0 No Action 05/01/2010 4.200 158.00 11/01/2036 N/A N/A 29,856.86
0011731176 05/20/2009 Pre Mod 7 Foreclosure 08/01/2008 9.670 3,352.56 12/01/2036 * 12/01/2036 412,439.28
414,375.00 05/01/2009 0.00 (1.07) * Post Mod 0 No Action 05/01/2009 4.500 1,752.65 12/01/2056 * 12/01/2036 412,100.61
1 Current Values 0 No Action 05/01/2010 4.500 1,752.65 12/01/2056 * 12/01/2036 409,518.22
0011732345 02/19/2009 Pre Mod 1 No Action 11/01/2008 9.750 1,262.83 11/01/2036 * * 145,009.23
147,200.00 02/01/2009 * (3,952.58) * Post Mod 0 No Action 02/01/2009 6.500 965.71 11/01/2036 * * 148,781.57
1 Current Values 9 No Action 07/01/2009 6.500 965.71 11/01/2036 N/A N/A 146,291.36

Page 64
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group I
0011732920 02/24/2010 Pre Mod 1 No Action 11/01/2009 7.700 855.55 12/01/2036 * * 116,440.13
120,000.00 02/01/2010 2,264.61 (2,688.19) * Post Mod 0 No Action 02/01/2010 5.750 711.37 12/01/2036 * * 118,974.89
1 Current Values 0 No Action 05/01/2010 5.750 711.37 12/01/2036 N/A N/A 118,514.84
0011734532 08/19/2009 Pre Mod 7 No Action 11/01/2008 7.750 946.39 12/01/2036 * * 128,912.24
132,000.00 08/01/2009 * (14,979.74) * Post Mod (1) No Action 09/01/2009 7.750 1,055.65 12/01/2036 * * 143,668.89
1 Current Values 3 No Action 01/01/2010 7.720 1,052.77 12/01/2036 N/A N/A 142,485.12
0011735005 11/19/2009 Pre Mod 2 No Action 07/01/2009 10.125 1,442.08 11/01/2036 * 11/01/2036 169,430.24
170,000.00 11/01/2009 * (8,287.89) * Post Mod 6 No Action 04/01/2009 10.125 1,538.37 11/01/2036 * 11/01/2036 177,609.33
1 Current Values 0 No Action 05/01/2010 9.125 1,306.50 11/01/2036 * 11/01/2036 177,878.83
0011740326 08/21/2008 Pre Mod * * * * * * * * *
119,920.00 07/01/2008 * (4,941.58) * Post Mod 0 No Action 08/01/2008 8.000 869.97 * * * 124,356.66
1 Current Values 15 Foreclosure 01/01/2009 8.000 869.97 12/01/2036 * 12/01/2036 123,437.42
0011740718 03/19/2009 Pre Mod 2 No Action 11/01/2008 7.070 653.18 01/01/2037 * 01/01/2037 106,414.56
107,600.00 03/01/2009 0.00 (103.97) 0.00 Post Mod 0 No Action 03/01/2009 7.070 649.73 01/01/2057 * 01/01/2037 106,495.76
1 Current Values 7 Foreclosure 09/01/2009 7.070 649.73 01/01/2057 * 01/01/2037 105,956.18
0011740905 11/19/2008 Pre Mod 4 No Action 05/01/2008 9.320 854.24 12/01/2036 * * 101,940.50
103,200.00 10/01/2008 * (8,419.55) * Post Mod 0 No Action 10/01/2008 9.320 921.49 12/01/2036 4,503.63 12/01/2036 110,230.30
1 Current Values 13 No Action 03/01/2009 9.320 924.99 12/01/2036 4,503.63 12/01/2036 109,003.22
0011740999 10/21/2008 Pre Mod * * * * * * * * *
241,400.00 09/01/2008 * (5,931.66) * Post Mod 0 No Action 09/01/2008 8.875 1,851.12 * * * 246,831.90
1 Current Values 12 Foreclosure 04/01/2009 8.875 1,851.12 12/01/2036 * 12/01/2036 245,823.95
0011741106 07/22/2008 Pre Mod * * * * * * * * *
420,000.00 06/30/2008 * (26,862.93) * Post Mod 6 No Action 12/01/2007 9.990 3,563.12 * * * 445,474.66
1 Current Values 10 No Action 06/01/2009 9.990 3,789.07 12/01/2036 * 12/01/2036 443,189.62
0011744046 03/19/2009 Pre Mod 7 Foreclosure 06/01/2008 8.845 1,062.78 01/01/2037 * 01/01/2037 139,086.24
140,000.00 03/01/2009 0.00 (331.21) 0.00 Post Mod 0 No Action 03/01/2009 5.400 720.82 01/01/2047 * 01/01/2037 139,322.52
0011744046 11/20/2009 Pre Mod 0 No Action 11/01/2009 5.400 720.82 01/01/2047 * 01/01/2037 146,944.01
140,000.00 12/01/2009 7,621.49 0.00 * Post Mod 0 No Action 12/01/2009 3.000 546.96 01/01/2047 * 01/01/2037 146,764.41
2 Current Values 0 No Action 04/01/2010 3.000 546.96 01/01/2047 * 01/01/2037 145,859.65
0011744197 04/21/2009 Pre Mod (1) No Action 05/01/2009 10.250 2,072.35 12/01/2036 * 12/01/2036 269,554.92
243,000.00 05/01/2009 * 0.07 * Post Mod (2) No Action 07/01/2009 3.750 842.36 12/01/2036 * 12/01/2036 269,532.32
1 Current Values 4 No Action 12/01/2009 4.000 898.44 12/01/2036 * 12/01/2036 269,532.32
0011744562 01/21/2009 Pre Mod 0 No Action 11/01/2008 10.500 384.01 12/01/2036 * * 41,536.56
41,980.00 01/01/2009 * (40.86) * Post Mod 0 No Action 01/01/2009 7.500 296.39 12/01/2036 * * 41,540.63
1 Current Values 0 No Action 05/01/2010 7.500 296.39 12/01/2036 N/A N/A 40,924.09

Page 65
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group I
0011744703 05/19/2009 Pre Mod 4 No Action 11/01/2008 9.000 763.56 12/01/2036 * 12/01/2036 100,391.58
100,800.00 05/01/2009 4,350.27 (71.92) 0.00 Post Mod 5 No Action 11/01/2008 1.750 259.07 12/01/2056 * 12/01/2036 100,350.83
0011744703 06/23/2009 Pre Mod 5 No Action 11/01/2008 1.750 259.07 12/01/2056 * 12/01/2036 100,350.83
100,800.00 05/01/2009 4,350.27 0.00 4,099.12 Post Mod 0 No Action 06/01/2009 1.750 259.07 12/01/2056 * 12/01/2036 100,238.10
2 Current Values 0 No Action 04/01/2010 1.750 259.07 12/01/2056 * 12/01/2036 98,987.23
0011745961 08/20/2008 Pre Mod * * * * * * * * *
380,000.00 08/01/2008 * (24,490.37) * Post Mod 5 No Action 02/01/2008 8.060 2,599.16 * * * 403,489.72
0011745961 09/23/2008 Pre Mod * * * * * * * * *
380,000.00 09/01/2008 * (0.01) * Post Mod 0 No Action 09/01/2008 7.000 2,437.21 * * * 403,406.21
2 Current Values 17 No Action 11/01/2008 7.000 2,437.21 12/01/2036 * 12/01/2036 401,629.59
0011747213 07/21/2009 Pre Mod 12 No Action 05/01/2008 8.990 1,374.67 12/01/2036 * * 167,862.70
171,000.00 03/01/2009 * (15,617.47) * Post Mod 2 No Action 04/01/2009 4.250 594.51 12/01/2036 * * 183,480.17
0011747213 08/20/2009 Pre Mod 2 No Action 04/01/2009 4.250 594.51 12/01/2036 * * 183,480.17
171,000.00 03/01/2009 * 0.00 * Post Mod 0 No Action 07/01/2009 4.250 649.83 12/01/2036 * * 183,480.17
2 Current Values 4 No Action 12/01/2009 4.500 688.05 12/01/2036 N/A N/A 183,480.17
0011747254 05/19/2009 Pre Mod 7 Foreclosure 08/01/2008 10.000 2,162.85 12/01/2036 * 12/01/2036 253,445.09
256,500.00 05/01/2009 16,118.90 (732.97) 0.00 Post Mod 0 No Action 05/01/2009 2.250 834.38 12/01/2046 * 12/01/2036 253,818.89
1 Current Values 2 No Action 02/01/2010 2.250 834.38 12/01/2046 * 12/01/2036 249,458.02
0011747580 05/20/2009 Pre Mod 9 No Action 06/01/2008 9.625 2,159.77 12/01/2036 * 12/01/2036 266,479.62
267,900.00 05/01/2009 * (21,152.69) * Post Mod 10 No Action 06/01/2008 3.875 928.81 12/01/2036 * 12/01/2036 287,632.31
1 Current Values 3 No Action 01/01/2010 4.125 988.74 12/01/2036 * 12/01/2036 287,632.31
0011747589 08/20/2008 Pre Mod * * * * * * * * *
309,000.00 08/01/2008 * (9,784.00) * Post Mod 3 No Action 04/01/2008 7.375 2,009.91 * * * 317,676.14
0011747589 05/20/2009 Pre Mod 6 No Action 09/01/2008 9.500 2,540.15 12/01/2036 * 12/01/2036 317,334.41
309,000.00 05/01/2009 * (22,390.32) * Post Mod 7 No Action 09/01/2008 3.625 1,026.25 12/01/2036 * 12/01/2036 339,724.73
2 Current Values 5 No Action 11/01/2009 3.875 1,096.73 12/01/2036 * 12/01/2036 339,633.41
0011748354 05/20/2009 Pre Mod 4 No Action 11/01/2008 10.125 1,168.65 11/01/2036 * * 129,923.56
133,000.00 03/01/2009 * (4,571.26) * Post Mod 5 No Action 11/01/2008 5.125 574.40 11/01/2036 * * 134,494.82
1 Current Values 0 No Action 05/01/2010 5.500 614.60 11/01/2036 N/A N/A 133,994.10
0011748372 08/20/2008 Pre Mod * * * * * * * * *
262,000.00 08/01/2008 * (10,253.84) * Post Mod 3 No Action 04/01/2008 8.200 1,861.15 * * * 270,653.60
1 Current Values 18 No Action 10/01/2008 8.200 1,937.36 11/01/2036 * 11/01/2036 269,803.04
0011749177 07/23/2009 Pre Mod 5 Foreclosure 12/01/2008 11.245 834.11 12/01/2036 * 12/01/2036 87,673.43
88,000.00 07/01/2009 5,178.79 (5,263.70) 0.00 Post Mod (2) No Action 09/01/2009 5.000 432.19 12/01/2046 * 12/01/2036 92,870.25
1 Current Values 0 No Action 05/01/2010 5.000 432.19 12/01/2046 * 12/01/2036 92,764.90

Page 66
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group I
0011750031 07/23/2009 Pre Mod (1) No Action 08/01/2009 8.125 1,908.51 12/01/2036 * 12/01/2036 283,822.43
277,100.00 08/01/2009 9,015.57 (1,735.45) 0.00 Post Mod (1) No Action 09/01/2009 2.000 751.15 12/01/2056 * 12/01/2036 285,270.27
1 Current Values 0 No Action 05/01/2010 2.000 751.15 12/01/2056 * 12/01/2036 282,574.01
0011750040 03/20/2009 Pre Mod 8 No Action 05/01/2008 9.625 2,177.72 12/01/2036 * 12/01/2036 268,738.77
269,500.00 12/01/2008 * (25,314.31) * Post Mod 2 No Action 12/01/2008 7.000 1,774.56 12/01/2036 232,315.20 12/01/2036 293,846.16
1 Current Values 14 No Action 02/01/2009 7.000 1,774.56 12/01/2036 232,315.20 12/01/2036 292,966.90
0011752220 01/21/2009 Pre Mod 1 No Action 10/01/2008 10.375 2,489.62 12/01/2036 * 12/01/2036 357,288.20
360,000.00 11/07/2008 * (365.05) * Post Mod 2 No Action 10/01/2008 6.950 2,231.71 12/01/2036 190,399.74 12/01/2036 357,490.83
1 Current Values 0 No Action 05/01/2010 6.950 2,231.71 12/01/2036 190,399.74 12/01/2036 409,423.43
0011753069 03/19/2009 Pre Mod 0 No Action 01/01/2009 9.875 1,242.07 12/01/2036 * 12/01/2036 149,567.49
150,100.00 03/01/2009 * (3,726.20) * Post Mod (1) No Action 04/01/2009 9.875 1,242.07 12/01/2036 * 12/01/2036 153,282.44
0011753069 04/21/2009 Pre Mod (1) No Action 04/01/2009 9.875 1,242.07 12/01/2036 * 12/01/2036 153,282.44
150,100.00 04/01/2009 * 0.00 * Post Mod 0 No Action 04/01/2009 7.000 927.24 12/01/2036 119,602.73 12/01/2036 153,249.35
2 Current Values 1 Bankruptcy 03/01/2010 7.000 927.24 12/01/2036 119,602.73 12/01/2036 152,801.17
0011753462 05/20/2009 Pre Mod 8 No Action 07/01/2008 10.375 1,208.30 12/01/2036 * 12/01/2036 136,901.47
138,000.00 05/01/2009 * (11,678.20) * Post Mod 9 No Action 07/01/2008 5.875 727.42 12/01/2036 * 12/01/2036 148,579.67
1 Current Values 0 No Action 05/01/2010 6.250 773.85 12/01/2036 * 12/01/2036 148,579.67
0011754034 02/24/2010 Pre Mod 6 No Action 06/01/2009 7.620 2,888.55 12/01/2036 * * 396,011.43
408,000.00 01/01/2010 19,830.11 (22,006.38) * Post Mod (1) No Action 03/01/2010 2.000 1,004.00 12/01/2049 0.00 * 417,673.83
1 Current Values 0 No Action 05/01/2010 2.000 1,004.00 12/01/2049 * 12/01/2049 485,780.52
0011754349 05/20/2009 Pre Mod 7 Foreclosure 08/01/2008 8.990 2,421.07 01/01/2037 * 01/01/2037 318,962.77
319,500.00 05/01/2009 0.00 0.00 * Post Mod 0 No Action 05/01/2009 5.000 1,464.17 01/01/2057 * 01/01/2037 318,827.61
0011754349 02/24/2010 Pre Mod 3 No Action 09/01/2009 5.000 1,464.17 01/01/2057 * 01/01/2037 317,725.87
319,500.00 02/01/2010 33,803.70 (34,475.27) * Post Mod 4 No Action 09/01/2009 2.000 923.42 01/01/1950 0.00 01/01/2037 351,807.26
2 Current Values 0 No Action 05/01/2010 2.000 923.42 01/01/1950 N/A N/A 350,557.53
0011754720 06/19/2008 Pre Mod * * * * * * * * *
112,000.00 04/10/2008 * 0.00 * Post Mod 0 No Action 06/01/2008 8.370 964.47 * * * 125,361.43
1 Current Values 22 Bankruptcy 06/01/2008 8.370 964.47 12/01/2036 N/A N/A 123,122.76
0011755130 01/21/2010 Pre Mod 8 No Action 03/01/2009 6.990 2,119.86 01/01/2037 * 01/01/2037 350,213.61
353,100.00 01/01/2010 19,757.10 (20,368.79) * Post Mod 0 No Action 01/01/2010 2.000 903.19 01/01/2037 123,286.04 01/01/2037 370,262.90
1 Current Values 0 No Action 05/01/2010 2.000 903.19 01/01/2037 123,286.04 01/01/2037 368,631.74
0011755131 01/20/2009 Pre Mod (1) No Action 01/01/2009 12.875 246.70 12/01/2036 * * 22,313.35
22,500.00 01/01/2009 * (496.18) * Post Mod 0 No Action 01/01/2009 12.875 251.64 12/01/2036 * * 22,797.29
1 Current Values 8 No Action 08/01/2009 12.875 251.64 12/01/2036 N/A N/A 22,476.37
0011755135 01/20/2009 Pre Mod 0 No Action 12/01/2008 10.500 1,279.47 12/01/2036 * 12/01/2036 179,493.11
180,000.00 12/01/2008 * (2,572.62) * Post Mod 0 No Action 12/01/2008 10.500 1,581.03 12/01/2036 * 12/01/2036 182,055.26
1 Current Values 10 No Action 06/01/2009 8.500 1,293.47 12/01/2036 * 12/01/2036 179,076.62

Page 67
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group I
0011755201 03/22/2010 Pre Mod 9 Bankruptcy 04/01/2009 8.500 2,137.18 01/01/2037 * 01/01/2037 288,487.50
291,600.00 01/01/2010 30,349.34 (30,861.97) * Post Mod 8 Bankruptcy 06/01/2009 5.750 1,944.62 01/01/2037 * 01/01/2037 318,787.19
1 Current Values (3) Bankruptcy 08/01/2010 5.750 1,944.62 01/01/2037 * 01/01/2037 315,640.21
0011755228 06/23/2009 Pre Mod 4 No Action 12/01/2008 6.120 1,534.77 12/01/2036 * * 300,935.10
301,000.00 06/01/2009 9,208.62 0.00 8,456.28 Post Mod 0 No Action 06/01/2009 4.000 1,003.12 12/01/2036 * * 300,935.10
1 Current Values 0 No Action 05/01/2010 4.000 1,002.88 12/01/2036 N/A N/A 300,863.64
0011755311 12/21/2009 Pre Mod 1 No Action 09/01/2009 10.645 1,539.10 12/01/2036 * 12/01/2036 170,124.03
171,000.00 11/01/2009 6,619.63 (6,635.37) * Post Mod 0 No Action 11/01/2009 7.375 1,257.79 12/01/2036 * 12/01/2036 176,547.16
1 Current Values 0 No Action 05/01/2010 7.375 1,257.79 12/01/2036 * 12/01/2036 175,672.67
0011755394 01/20/2009 Pre Mod 0 No Action 11/01/2008 9.120 487.96 12/01/2036 * * 59,157.15
60,000.00 01/01/2009 * (2,783.21) * Post Mod 0 No Action 01/01/2009 9.120 510.71 11/01/2036 * * 61,879.24
1 Current Values 0 No Action 04/01/2010 9.120 510.71 11/01/2036 N/A N/A 61,194.17
0011755902 02/20/2009 Pre Mod 10 Foreclosure 03/01/2008 7.850 1,673.07 01/01/2037 * * 229,136.62
231,300.00 03/01/2009 * 0.00 * Post Mod 0 No Action 03/01/2009 5.000 1,270.17 01/01/2037 * * 228,821.19
1 Current Values 0 No Action 05/01/2010 5.000 1,270.17 01/01/2037 N/A N/A 224,264.60
0011756611 07/23/2009 Pre Mod (1) No Action 08/01/2009 10.340 1,425.73 01/01/2037 * 01/01/2037 165,548.70
164,500.00 08/01/2009 1,863.60 (641.88) 0.00 Post Mod 0 No Action 08/01/2009 6.000 871.99 01/01/2057 * 01/01/2037 166,146.33
1 Current Values 0 No Action 05/01/2010 6.000 871.99 01/01/2057 * 01/01/2037 165,677.58
0011756885 05/19/2009 Pre Mod 2 No Action 01/01/2009 5.925 1,688.62 12/01/2036 * * 341,999.21
342,000.00 05/01/2009 6,754.48 0.00 0.00 Post Mod 0 No Action 05/01/2009 1.750 498.75 12/01/2036 * * 341,999.21
1 Current Values 1 No Action 03/01/2010 1.750 498.70 12/01/2036 N/A N/A 341,967.09
0011756945 04/20/2009 Pre Mod 5 Foreclosure 09/01/2008 8.625 1,574.19 12/01/2036 * 12/01/2036 210,898.62
212,000.00 03/09/2009 0.00 (0.76) * Post Mod 0 No Action 04/01/2009 5.000 1,035.53 01/01/2047 * 12/01/2036 210,742.59
1 Current Values 0 No Action 05/01/2010 5.000 1,034.77 01/01/2047 * 12/01/2036 207,905.63
0011757309 07/23/2009 Pre Mod (1) No Action 08/01/2009 7.095 1,275.43 12/01/2036 * 12/01/2036 214,241.72
209,440.00 08/01/2009 6,322.78 (986.69) 0.00 Post Mod 0 No Action 08/01/2009 3.500 751.19 12/01/2056 * 12/01/2036 215,102.09
1 Current Values 2 No Action 02/01/2010 3.500 751.19 12/01/2056 * 12/01/2036 213,740.33
0011758170 05/21/2008 Pre Mod * * * * * * * * *
304,000.00 03/05/2008 * (428.91) * Post Mod 0 No Action 05/01/2008 7.200 2,101.09 * * * 328,231.22
1 Current Values INACTIVE
0011758538 07/22/2008 Pre Mod * * * * * * * * *
129,792.00 06/30/2008 * (5,009.49) * Post Mod 2 No Action 04/01/2008 8.871 988.29 * * * 134,216.27
1 Current Values 18 No Action 10/01/2008 8.871 1,026.83 12/01/2036 * 12/01/2036 133,425.72
0011758624 07/21/2008 Pre Mod * * * * * * * * *
337,600.00 05/22/2008 * 0.00 * Post Mod 0 No Action 07/01/2008 7.950 2,552.95 * * * 344,535.14
1 Current Values 18 No Action 10/01/2008 7.950 2,552.95 11/01/2036 N/A N/A 338,153.57

Page 68
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group I
0011758792 06/23/2009 Pre Mod 0 No Action 05/01/2009 8.875 1,733.36 12/01/2036 * 12/01/2036 225,893.36
228,000.00 06/01/2009 1,278.16 (0.01) 1,663.81 Post Mod 0 No Action 06/01/2009 5.000 1,111.65 12/01/2046 * 12/01/2036 225,722.09
1 Current Values 0 No Action 05/01/2010 5.000 1,111.65 12/01/2046 * 12/01/2036 223,325.97
0011759290 04/21/2010 Pre Mod 3 No Action 11/01/2009 7.900 1,745.88 11/01/2036 * * 232,714.11
240,000.00 04/01/2010 7,532.30 (7,578.73) * Post Mod 0 No Action 04/01/2010 2.000 560.46 11/01/2036 * * 240,120.24
1 Current Values (1) No Action 06/01/2010 2.000 560.46 11/01/2036 N/A N/A 239,868.73
0011759524 04/20/2010 Pre Mod 16 Foreclosure 10/01/2008 9.250 2,239.58 11/01/2036 * * 265,648.64
272,000.00 02/01/2010 45,191.02 (47,789.18) * Post Mod 0 No Action 04/01/2010 2.000 563.33 02/01/2050 0.00 * 313,317.24
1 Current Values 0 No Action 05/01/2010 2.000 563.33 02/01/2050 N/A N/A 313,063.11
0011762429 05/20/2009 Pre Mod 3 No Action 12/01/2008 9.625 866.52 12/01/2036 * 12/01/2036 105,238.52
106,400.00 05/01/2009 0.00 0.00 * Post Mod 0 No Action 05/01/2009 6.000 587.88 12/01/2046 * 12/01/2036 105,176.83
1 Current Values 6 No Action 10/01/2009 6.000 587.88 12/01/2046 * 12/01/2036 104,302.90
0011763247 12/21/2009 Pre Mod 0 No Action 11/01/2009 8.700 2,061.69 01/01/2037 * 01/01/2037 272,749.45
275,500.00 11/01/2009 4,472.30 (4,242.62) * Post Mod 0 No Action 12/01/2009 2.000 1,040.74 03/01/2039 * 01/01/2037 274,958.58
1 Current Values 0 No Action 05/01/2010 2.000 1,040.74 03/01/2039 * 01/01/2037 272,036.47
0011763829 02/24/2010 Pre Mod 6 No Action 06/01/2009 7.200 1,809.00 12/01/2036 * * 301,500.00
301,500.00 01/01/2010 13,867.23 (12,475.01) * Post Mod 7 No Action 06/01/2009 2.000 1,221.14 02/01/2038 0.00 * 313,975.01
1 Current Values 0 No Action 05/01/2010 2.000 1,221.14 02/01/2038 * 02/01/2038 297,894.80
0011763857 02/24/2010 Pre Mod 4 Bankruptcy 08/01/2009 5.850 1,750.47 12/01/2036 * * 359,070.10
360,000.00 01/01/2010 9,650.22 (8,830.95) * Post Mod 4 Bankruptcy 09/01/2009 2.000 910.30 12/01/2049 0.00 * 367,901.05
1 Current Values 0 No Action 04/01/2010 2.000 910.30 12/01/2049 * 12/01/2049 366,667.02
0011765046 05/20/2009 Pre Mod 7 Foreclosure 08/01/2008 9.500 2,162.39 01/01/2037 * 01/01/2037 270,371.62
270,750.00 05/01/2009 0.00 925.46 * Post Mod (1) No Action 06/01/2009 1.750 696.46 01/01/2057 * 01/01/2037 269,052.82
1 Current Values 7 Foreclosure 09/01/2009 1.750 696.46 01/01/2057 * 01/01/2037 265,337.18
0011765750 01/21/2010 Pre Mod 0 No Action 11/01/2009 7.375 3,212.16 12/01/2036 * * 450,864.37
465,000.00 12/01/2009 5,084.14 (5,171.87) * Post Mod 1 No Action 11/01/2009 5.000 2,567.54 12/01/2036 * * 455,347.30
1 Current Values 0 No Action 05/01/2010 5.000 2,567.54 12/01/2036 N/A N/A 452,649.46
0011766211 06/23/2009 Pre Mod 6 Foreclosure 10/01/2008 9.125 1,920.95 01/01/2037 * 01/01/2037 249,303.34
250,200.00 06/01/2009 15,127.13 (205.37) 14,294.95 Post Mod (1) No Action 07/01/2009 5.000 1,145.83 01/01/2057 * 01/01/2037 249,389.09
1 Current Values 0 No Action 04/01/2010 5.000 1,145.83 01/01/2057 * 01/01/2037 248,190.53
0011766959 08/20/2009 Pre Mod (1) No Action 08/01/2009 6.050 2,083.47 12/01/2036 * * 423,697.35
413,250.00 07/01/2009 * 0.00 * Post Mod 0 No Action 08/01/2009 3.500 1,235.78 12/01/2036 * * 423,697.35
1 Current Values 0 No Action 04/01/2010 3.500 1,235.78 12/01/2036 N/A N/A 423,697.35
0011767059 11/20/2008 Pre Mod 9 Foreclosure 12/01/2007 8.845 1,908.75 12/01/2036 * * 237,321.88
240,550.00 10/23/2008 * (1,689.00) * Post Mod 10 No Action 12/01/2007 7.000 1,621.17 12/01/2036 * * 238,774.09
1 Current Values 11 Foreclosure 05/01/2009 7.000 1,621.17 12/01/2036 N/A N/A 234,096.37

Page 69
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group I
0011767173 01/21/2010 Pre Mod 8 No Action 03/01/2009 7.625 2,702.67 12/01/2036 * 12/01/2036 399,790.99
405,000.00 12/01/2009 21,507.68 (22,016.96) * Post Mod 7 No Action 05/01/2009 3.250 1,956.93 12/01/2036 * 12/01/2036 420,933.79
1 Current Values 0 No Action 05/01/2010 3.250 1,956.93 12/01/2036 * 12/01/2036 416,882.66
0011767299 07/22/2008 Pre Mod * * * * * * * * *
126,400.00 06/26/2008 * (12,890.68) * Post Mod 10 Foreclosure 08/01/2007 8.745 950.26 * * * 138,699.55
1 Current Values 19 No Action 09/01/2008 8.745 1,048.59 12/01/2036 * 12/01/2036 137,800.69
0011768188 12/18/2008 Pre Mod 5 No Action 05/01/2008 9.625 1,024.75 11/01/2036 * 11/01/2036 124,235.60
125,000.00 10/01/2008 * (5,402.05) * Post Mod 6 No Action 05/01/2008 7.500 858.60 11/01/2036 74,322.73 11/01/2036 129,555.52
1 Current Values 9 Foreclosure 07/01/2009 7.500 858.60 11/01/2036 74,322.73 11/01/2036 128,760.61
0011768270 09/24/2009 Pre Mod 4 No Action 04/01/2009 7.970 2,619.68 01/01/2037 * 01/01/2037 402,689.02
387,000.00 10/01/2009 15,149.98 28.33 0.00 Post Mod 0 No Action 10/01/2009 2.000 1,050.70 01/01/2057 * 01/01/2037 402,250.44
1 Current Values 0 No Action 05/01/2010 2.000 1,050.70 01/01/2057 * 01/01/2037 399,374.80
0011769260 05/21/2008 Pre Mod * * * * * * * * *
115,925.00 02/02/2008 * (256.55) * Post Mod 0 No Action 05/01/2008 8.120 965.11 * * * 128,514.34
1 Current Values 21 REO 07/01/2008 8.120 965.11 12/01/2036 N/A N/A 126,034.89
0011769748 02/24/2010 Pre Mod 12 No Action 12/01/2008 11.375 390.34 01/01/2037 * * 33,371.58
39,800.00 02/01/2010 0.00 0.00 11,139.02 Post Mod 0 No Action 02/01/2010 3.950 167.66 01/01/2037 * * 33,313.77
1 Current Values 0 No Action 05/01/2010 3.950 167.66 01/01/2037 N/A N/A 33,139.20
0011770573 08/21/2008 Pre Mod * * * * * * * * *
323,000.00 07/01/2008 * (1,443.33) * Post Mod 4 Foreclosure 03/01/2008 7.100 2,180.47 * * * 318,647.47
1 Current Values INACTIVE
0011771152 08/18/2009 Pre Mod 20 No Action 10/01/2007 11.400 579.58 12/01/2036 * * 58,714.72
58,980.00 08/05/2009 * (13,293.23) * Post Mod 21 No Action 10/01/2007 11.400 579.58 12/01/2036 * * 71,986.16
1 Current Values 2 No Action 02/01/2010 11.400 716.09 12/01/2036 N/A N/A 71,455.43
0011771302 05/20/2009 Pre Mod 0 No Action 03/01/2009 9.625 857.37 12/01/2036 * * 99,477.55
101,520.00 05/01/2009 0.00 (2.05) * Post Mod 0 No Action 05/01/2009 1.750 378.21 12/01/2036 * * 98,989.36
1 Current Values 0 No Action 05/01/2010 1.750 378.21 12/01/2036 N/A N/A 96,140.73
0011771303 05/20/2009 Pre Mod 0 No Action 03/01/2009 9.990 222.54 12/01/2036 * * 25,054.90
25,380.00 05/01/2009 0.00 0.00 * Post Mod 0 No Action 05/01/2009 1.750 95.25 12/01/2036 * * 24,996.19
1 Current Values 0 No Action 05/01/2010 1.750 95.25 12/01/2036 N/A N/A 24,277.53
0011771503 11/19/2008 Pre Mod 4 Foreclosure 05/01/2008 9.790 2,525.54 01/01/2037 * 01/01/2037 302,134.26
303,300.00 10/22/2008 * (255.73) * Post Mod 0 No Action 10/01/2008 8.000 2,116.15 01/01/2037 184,883.37 01/01/2037 302,288.07
1 Current Values 15 REO 01/01/2009 8.000 2,116.15 01/01/2037 184,883.37 01/01/2037 301,776.81
0011772082 01/21/2009 Pre Mod 0 No Action 11/01/2008 8.500 1,741.15 01/01/2037 * 01/01/2037 241,621.72
242,250.00 12/23/2008 * 36.04 * Post Mod 0 No Action 12/01/2008 8.500 1,741.35 01/01/2037 * 01/01/2037 241,555.82
1 Current Values 3 No Action 01/01/2010 8.500 1,741.35 01/01/2037 * 01/01/2037 241,043.89

Page 70
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group I
0011772267 09/21/2009 Pre Mod 8 No Action 11/01/2008 6.705 2,289.33 12/01/2036 * 12/01/2036 392,424.97
395,250.00 09/01/2009 * (14,207.99) * Post Mod 3 No Action 05/01/2009 3.875 1,312.94 12/01/2036 * 12/01/2036 406,587.23
1 Current Values 0 No Action 05/01/2010 4.125 1,397.64 12/01/2036 * 12/01/2036 406,587.23
0011772432 02/20/2009 Pre Mod 8 Foreclosure 05/01/2008 9.050 1,281.11 01/01/2037 * 01/01/2037 167,776.65
168,000.00 03/01/2009 * 0.00 * Post Mod 0 No Action 03/01/2009 6.000 889.42 01/01/2057 * 01/01/2037 167,726.11
1 Current Values 13 No Action 03/01/2009 6.000 889.42 01/01/2057 * 01/01/2037 166,991.49
0011772906 04/20/2010 Pre Mod 19 Foreclosure 07/01/2008 8.520 2,190.82 12/01/2036 * 12/01/2036 303,272.29
304,125.00 02/01/2010 61,919.91 (61,715.53) * Post Mod 0 No Action 03/01/2010 2.000 490.40 02/01/2050 0.00 12/01/2036 365,002.87
1 Current Values 1 Foreclosure 03/01/2010 2.000 610.40 02/01/2050 N/A N/A 364,781.64
0011776643 02/24/2010 Pre Mod 13 Foreclosure 11/01/2008 8.000 1,919.06 01/01/2037 * 01/01/2037 272,795.26
276,000.00 01/01/2010 37,062.03 (38,080.89) * Post Mod 0 No Action 02/01/2010 2.000 445.39 12/01/2049 0.00 01/01/2037 310,885.42
1 Current Values 0 No Action 05/01/2010 2.000 445.39 12/01/2049 * 12/01/2049 308,979.55
0011776801 01/21/2009 Pre Mod 5 Foreclosure 06/01/2008 8.845 1,572.82 01/01/2037 * 01/01/2037 205,943.62
207,100.00 10/30/2008 * (374.70) * Post Mod 0 No Action 01/01/2009 6.000 1,149.20 01/01/2037 102,255.48 01/01/2037 206,198.84
0011776801 02/24/2010 Pre Mod 5 Bankruptcy 07/01/2009 6.000 1,151.30 01/01/2037 102,255.48 01/01/2037 205,236.46
207,100.00 02/01/2010 21,748.55 (22,038.57) * Post Mod 5 No Action 08/01/2009 2.500 965.15 01/01/2037 0.00 01/01/2037 226,737.46
2 Current Values 0 No Action 05/01/2010 2.500 965.15 01/01/2037 * 01/01/2037 225,256.03
0011776995 02/20/2009 Pre Mod 4 No Action 09/01/2008 7.990 706.68 12/01/2036 * * 95,018.28
96,400.00 03/01/2009 * 0.00 * Post Mod 0 No Action 03/01/2009 3.000 419.93 12/01/2036 * * 94,835.90
1 Current Values 0 No Action 05/01/2010 1.990 358.00 12/01/2036 N/A N/A 98,310.07
0011777087 11/19/2009 Pre Mod 12 No Action 09/01/2008 9.375 2,210.96 12/01/2036 * 12/01/2036 274,204.57
276,250.00 04/01/2009 * (18,219.05) * Post Mod 5 No Action 05/01/2009 7.375 1,685.22 12/01/2036 * 12/01/2036 292,423.62
1 Current Values 5 No Action 11/01/2009 7.875 1,919.03 12/01/2036 * 12/01/2036 292,423.62
0011777169 02/24/2010 Pre Mod 3 No Action 09/01/2009 7.675 2,430.84 11/01/2036 * 11/01/2036 357,653.56
362,250.00 02/01/2010 9,024.93 (9,288.38) * Post Mod 4 No Action 09/01/2009 2.000 790.26 01/01/1950 0.00 11/01/2036 366,747.77
1 Current Values 0 No Action 05/01/2010 2.000 790.26 01/01/1950 N/A N/A 365,678.24
0011777384 11/20/2009 Pre Mod 3 No Action 07/01/2009 6.440 1,610.50 01/01/2037 * 01/01/2037 296,859.84
288,000.00 12/01/2009 * 36.92 * Post Mod (1) No Action 01/01/2010 4.125 1,148.15 01/01/2037 186,925.41 01/01/2037 296,695.23
1 Current Values 0 No Action 05/01/2010 4.125 1,148.15 01/01/2037 186,925.41 01/01/2037 295,863.63
0011777809 01/21/2010 Pre Mod 5 No Action 06/01/2009 5.925 1,559.86 01/01/2037 * * 315,921.99
316,000.00 01/01/2010 9,909.48 (9,878.99) * Post Mod 0 No Action 01/01/2010 2.000 901.30 12/01/2049 * * 325,426.22
1 Current Values 0 No Action 05/01/2010 2.000 901.30 12/01/2049 N/A N/A 323,798.46
0011778125 04/21/2010 Pre Mod 26 No Action 12/01/2007 10.990 437.53 01/01/2037 * * 57,032.50
45,980.00 04/01/2010 11,911.10 0.00 * Post Mod 0 No Action 04/01/2010 5.233 330.00 01/01/2037 * * 56,951.21
1 Current Values 0 No Action 05/01/2010 5.233 330.00 01/01/2037 N/A N/A 56,744.57

Page 71
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group I
0011778310 04/20/2009 Pre Mod 4 No Action 10/01/2008 9.250 924.23 01/01/2037 * 01/01/2037 118,439.39
118,800.00 03/23/2009 0.00 (82.91) * Post Mod 0 No Action 04/01/2009 4.000 463.19 03/01/2057 * 01/01/2037 118,453.91
1 Current Values 1 No Action 03/01/2010 4.000 463.19 03/01/2057 * 01/01/2037 117,547.46
0011778497 02/24/2010 Pre Mod 0 No Action 01/01/2010 7.537 397.95 01/01/2037 * 01/01/2037 61,504.84
60,900.00 12/01/2009 957.04 0.00 0.00 Post Mod 0 No Action 02/01/2010 7.537 397.95 01/01/2057 * 01/01/2037 61,493.19
1 Current Values 0 No Action 05/01/2010 7.537 397.95 01/01/2057 * 01/01/2037 61,203.90
0011778516 04/21/2010 Pre Mod 4 No Action 10/01/2009 8.630 554.04 01/01/2037 * * 75,017.85
71,200.00 04/01/2010 5,645.33 0.00 * Post Mod 0 No Action 04/01/2010 8.630 599.13 01/01/2037 * * 74,958.22
1 Current Values 0 No Action 05/01/2010 8.630 599.13 01/01/2037 N/A N/A 74,898.16
0011779408 05/20/2009 Pre Mod 3 No Action 12/01/2008 9.750 1,004.26 12/01/2036 * * 115,516.85
116,850.00 05/01/2009 0.00 (0.60) * Post Mod 0 No Action 05/01/2009 4.000 575.80 12/01/2036 * * 115,251.86
0011779408 02/24/2010 Pre Mod 1 No Action 12/01/2009 4.000 575.80 12/01/2036 * * 119,766.18
116,850.00 03/01/2010 6,262.14 0.00 * Post Mod 0 No Action 03/01/2010 4.000 607.16 12/01/2036 * * 119,558.24
2 Current Values 0 No Action 05/01/2010 4.000 607.16 12/01/2036 N/A N/A 118,889.46
0011779459 02/24/2010 Pre Mod 7 No Action 05/01/2009 12.625 549.25 12/01/2036 * * 41,354.61
51,000.00 02/01/2010 0.00 0.00 14,009.30 Post Mod 0 No Action 02/01/2010 3.950 208.13 12/01/2036 * * 41,282.61
1 Current Values 0 No Action 05/01/2010 3.950 208.13 12/01/2036 N/A N/A 41,045.06
0011779847 12/18/2008 Pre Mod 9 No Action 01/01/2008 9.000 542.32 12/01/2036 * * 66,939.47
67,400.00 09/01/2008 * (4,315.08) * Post Mod 2 No Action 09/01/2008 9.000 578.07 12/01/2036 4,464.36 12/01/2036 71,178.53
1 Current Values 18 No Action 10/01/2008 9.000 578.07 12/01/2036 4,464.36 12/01/2036 70,861.87
0011781059 04/20/2010 Pre Mod 0 No Action 03/01/2010 6.425 1,406.35 01/01/2037 * 01/01/2037 249,600.82
252,000.00 02/01/2010 3,133.08 (2,701.58) * Post Mod 0 No Action 04/01/2010 2.000 926.91 06/01/2040 0.00 01/01/2037 251,791.49
1 Current Values 0 No Action 05/01/2010 2.000 926.91 06/01/2040 N/A N/A 251,284.23
0011781100 04/21/2010 Pre Mod 19 No Action 07/01/2008 10.875 773.17 12/01/2036 * * 71,953.98
82,000.00 04/01/2010 0.00 0.00 * Post Mod 0 No Action 04/01/2010 3.950 363.39 12/01/2036 * * 71,827.44
1 Current Values 0 No Action 05/01/2010 3.950 363.39 12/01/2036 N/A N/A 71,700.48
0011781405 04/20/2009 Pre Mod 5 Foreclosure 09/01/2008 8.525 934.91 01/01/2037 * 01/01/2037 126,566.31
127,200.00 03/11/2009 0.00 0.00 * Post Mod (1) No Action 05/01/2009 2.000 397.64 01/01/2047 * 01/01/2037 126,379.61
1 Current Values 0 No Action 05/01/2010 2.000 397.64 01/01/2047 * 01/01/2037 123,924.05
0011781695 02/24/2010 Pre Mod 5 No Action 07/01/2009 11.250 514.77 01/01/2037 * * 41,839.98
53,000.00 02/01/2010 0.00 0.00 13,825.52 Post Mod 0 No Action 02/01/2010 3.950 210.21 01/01/2037 * * 41,767.49
1 Current Values 0 No Action 04/01/2010 3.950 210.21 01/01/2037 N/A N/A 41,548.60
0011782039 02/24/2010 Pre Mod 13 Foreclosure 11/01/2008 8.050 1,917.15 01/01/2037 * * 253,032.75
260,000.00 01/01/2010 42,933.34 48,495.72 * Post Mod 0 No Action 02/01/2010 2.000 620.94 12/01/2049 0.00 * 204,337.81
1 Current Values 0 No Action 05/01/2010 2.000 620.94 12/01/2049 * 12/01/2049 297,463.46

Page 72
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group I
0011782091 08/20/2009 Pre Mod 3 No Action 03/01/2009 6.650 1,105.31 01/01/2037 * 01/01/2037 183,047.92
185,400.00 08/01/2009 6,123.33 (6,654.21) * Post Mod 4 No Action 03/01/2009 2.250 604.33 01/01/2047 * 01/01/2037 189,441.01
1 Current Values 0 No Action 05/01/2010 2.250 604.33 01/01/2047 * 01/01/2037 180,922.17
0011782833 05/19/2009 Pre Mod 3 No Action 12/01/2008 9.350 2,129.82 01/01/2037 * 01/01/2037 269,489.76
270,750.00 05/01/2009 10,502.33 (147.55) 0.00 Post Mod 4 No Action 12/01/2008 6.350 1,499.71 01/01/2057 * 01/01/2037 269,563.65
0011782833 06/23/2009 Pre Mod 4 No Action 12/01/2008 6.350 1,499.71 01/01/2057 * 01/01/2037 269,563.65
270,750.00 05/01/2009 10,502.33 0.00 9,939.99 Post Mod 0 No Action 06/01/2009 6.350 1,499.71 01/01/2057 * 01/01/2037 269,490.38
2 Current Values 1 No Action 03/01/2010 6.350 1,499.71 01/01/2057 * 01/01/2037 268,656.96
0011782943 02/24/2010 Pre Mod 13 Foreclosure 11/01/2008 6.500 1,703.54 12/01/2036 * * 314,500.00
314,500.00 01/01/2010 35,160.84 (34,886.08) * Post Mod 0 No Action 02/01/2010 2.000 311.06 12/01/2049 0.00 * 347,825.41
1 Current Values (1) No Action 06/01/2010 2.000 579.71 12/01/2049 * 12/01/2049 347,395.93
0011785473 04/20/2009 Pre Mod 4 No Action 10/01/2008 10.125 842.80 01/01/2037 * * 94,167.64
95,250.00 03/09/2009 0.00 0.00 * Post Mod 0 No Action 04/01/2009 7.750 688.33 01/01/2037 * * 94,087.48
1 Current Values 9 No Action 07/01/2009 7.750 688.33 01/01/2037 N/A N/A 92,996.99
0011788682 05/20/2009 Pre Mod 0 No Action 03/01/2009 9.625 2,296.16 01/01/2037 * 01/01/2037 283,379.17
284,750.00 05/01/2009 0.00 0.00 * Post Mod 0 No Action 05/01/2009 3.625 1,040.88 01/01/2057 * 01/01/2037 283,194.33
1 Current Values 0 No Action 05/01/2010 3.625 1,040.88 01/01/2057 * 01/01/2037 280,927.21
0011790458 06/23/2009 Pre Mod 4 No Action 12/01/2008 11.375 791.97 01/01/2037 * * 80,103.87
80,750.00 06/01/2009 4,551.21 0.00 4,351.15 Post Mod (1) No Action 07/01/2009 7.750 586.53 01/01/2037 * * 80,034.68
1 Current Values 0 No Action 05/01/2010 7.750 586.53 01/01/2037 N/A N/A 79,124.61
0011790822 05/19/2009 Pre Mod 2 No Action 01/01/2009 7.495 1,397.74 01/01/2037 * * 195,637.32
200,000.00 05/01/2009 4,898.51 (694.76) 0.00 Post Mod 0 No Action 05/01/2009 4.000 977.00 01/01/2037 * * 196,007.20
1 Current Values 5 Foreclosure 11/01/2009 4.000 977.00 01/01/2037 N/A N/A 191,988.56
0011792011 09/24/2009 Pre Mod 9 Foreclosure 11/01/2008 7.750 1,264.73 01/01/2037 * 01/01/2037 205,174.70
192,000.00 10/01/2009 13,986.48 54.23 0.00 Post Mod 0 No Action 10/01/2009 4.625 829.90 01/01/2057 * 01/01/2037 205,081.35
1 Current Values 1 No Action 03/01/2010 4.625 829.90 01/01/2057 * 01/01/2037 204,417.75
0011793225 01/21/2010 Pre Mod 5 No Action 06/01/2009 9.350 1,165.68 01/01/2037 * 01/01/2037 144,984.44
146,000.00 01/01/2010 10,256.44 (10,414.56) * Post Mod 6 No Action 06/01/2009 2.000 596.42 06/01/2038 * 01/01/2037 155,044.22
1 Current Values 0 No Action 05/01/2010 2.000 596.42 06/01/2038 * 01/01/2037 153,688.78
0011793235 06/23/2009 Pre Mod 1 No Action 04/01/2009 8.375 813.97 01/01/2037 * 01/01/2037 114,476.20
115,000.00 07/01/2009 2,395.97 0.00 1,919.65 Post Mod 0 No Action 07/01/2009 4.875 516.02 01/01/2057 * 01/01/2037 114,425.24
1 Current Values 2 No Action 02/01/2010 4.875 516.02 01/01/2057 * 01/01/2037 116,289.76
0011793677 06/23/2009 Pre Mod 2 No Action 03/01/2009 8.625 2,763.36 01/01/2037 * 01/01/2037 378,210.68
379,880.00 07/01/2009 10,871.61 0.00 8,232.85 Post Mod (1) No Action 08/01/2009 2.250 1,079.59 01/01/2057 * 01/01/2037 377,840.24
1 Current Values 0 No Action 05/01/2010 2.250 1,079.59 01/01/2057 * 01/01/2037 384,968.99

Page 73
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group I
0011793740 04/20/2009 Pre Mod 7 Foreclosure 07/01/2008 10.000 1,792.67 01/01/2037 * 01/01/2037 210,150.71
212,000.00 03/23/2009 0.00 (626.12) * Post Mod (1) No Action 05/01/2009 1.750 635.11 01/01/2047 * 01/01/2037 210,443.30
1 Current Values 0 No Action 05/01/2010 1.750 635.11 01/01/2047 * 01/01/2037 204,499.33
0011793745 04/20/2009 Pre Mod 7 No Action 07/01/2008 11.000 378.55 01/01/2037 * * 39,333.30
39,750.00 03/01/2009 0.00 0.00 * Post Mod (1) No Action 05/01/2009 1.750 148.84 01/01/2037 * * 39,240.66
1 Current Values 0 No Action 05/01/2010 1.750 148.84 01/01/2037 N/A N/A 38,023.99
0011795174 01/21/2010 Pre Mod 5 No Action 06/01/2009 8.125 2,244.99 01/01/2037 * 01/01/2037 315,108.10
318,500.00 12/01/2009 15,130.83 (15,352.38) * Post Mod (1) No Action 02/01/2010 4.250 1,713.18 01/01/2037 * 01/01/2037 329,863.31
1 Current Values (1) No Action 06/01/2010 4.250 1,713.18 01/01/2037 * 01/01/2037 327,651.56
0011795816 02/24/2010 Pre Mod 4 No Action 08/01/2009 6.100 2,607.75 01/01/2037 * * 513,000.00
513,000.00 12/01/2009 17,312.52 187,671.55 * Post Mod (1) No Action 03/01/2010 2.000 989.22 11/01/2049 0.00 * 325,328.45
1 Current Values (1) No Action 06/01/2010 2.000 989.22 11/01/2049 * 11/01/2049 531,838.63
0011796503 02/24/2010 Pre Mod 2 No Action 10/01/2009 9.990 176.02 01/01/2037 * * 20,455.81
20,075.00 02/01/2010 900.30 0.00 0.00 Post Mod (1) No Action 03/01/2010 3.950 103.14 01/01/2037 * * 20,420.00
1 Current Values 0 No Action 05/01/2010 3.950 103.14 01/01/2037 N/A N/A 20,309.26
0011797068 02/24/2010 Pre Mod 1 No Action 11/01/2009 6.990 1,235.64 01/01/2037 * * 212,127.09
219,000.00 02/01/2010 2,254.80 (1,832.67) * Post Mod 2 No Action 11/01/2009 3.125 980.42 01/01/2037 0.00 * 213,959.76
1 Current Values (1) No Action 06/01/2010 3.125 980.42 01/01/2037 * 01/01/2037 212,686.75
0011797183 04/22/2010 Pre Mod 3 No Action 11/01/2009 6.500 1,521.10 01/01/2037 * * 226,088.89
234,000.00 02/01/2010 * (6,837.17) * Post Mod 5 No Action 10/01/2009 6.375 1,511.71 08/01/2036 * * 232,615.45
1 Current Values 0 No Action 04/01/2010 6.375 1,511.71 08/01/2036 N/A N/A 232,339.51
0011797417 05/22/2009 Pre Mod 13 Foreclosure 02/01/2008 8.610 792.26 01/01/2037 * * 100,207.28
102,000.00 05/01/2009 * 0.00 * Post Mod 14 No Action 02/01/2008 4.000 503.83 01/01/2037 * * 100,037.47
1 Current Values 11 Foreclosure 05/01/2009 4.000 503.83 01/01/2037 N/A N/A 99,039.55
0011798099 02/24/2010 Pre Mod 6 Foreclosure 06/01/2009 7.500 1,748.04 01/01/2037 * * 242,535.48
250,000.00 01/01/2010 12,362.31 (13,765.22) * Post Mod 0 No Action 01/01/2010 3.875 1,276.69 01/01/2037 0.00 * 255,807.20
1 Current Values 0 No Action 05/01/2010 3.875 1,276.69 01/01/2037 * 01/01/2037 254,450.89
0011798117 04/21/2010 Pre Mod 8 No Action 06/01/2009 12.625 430.79 01/01/2037 * * 32,745.32
40,000.00 04/01/2010 0.00 0.00 * Post Mod 0 No Action 04/01/2010 3.950 165.09 01/01/2037 * * 32,688.02
1 Current Values 0 No Action 05/01/2010 3.950 165.09 01/01/2037 N/A N/A 32,630.53
0011799621 03/22/2010 Pre Mod 3 No Action 10/01/2009 6.325 1,952.51 01/01/2037 * * 370,436.08
370,500.00 02/01/2010 6,980.25 (6,722.96) * Post Mod 0 No Action 03/01/2010 2.000 654.27 02/01/2050 * * 377,122.16
1 Current Values 0 No Action 05/01/2010 2.000 654.27 02/01/2050 N/A N/A 376,515.89

Page 74
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group I
0011799853 09/23/2008 Pre Mod * * * * * * * * *
238,000.00 09/02/2008 * 199.68 * Post Mod 3 No Action 05/01/2008 7.000 1,485.70 * * * 236,735.78
0011799853 10/20/2008 Pre Mod * * * * * * * * *
238,000.00 09/02/2008 * 0.00 * Post Mod 0 No Action 10/01/2008 7.000 1,485.70 * * * 236,631.04
0011799853 05/20/2009 Pre Mod 5 Foreclosure 10/01/2008 5.850 1,296.63 01/01/2037 * 01/01/2037 236,593.24
238,000.00 04/01/2009 0.00 0.00 * Post Mod 0 No Action 04/01/2009 5.850 1,296.63 01/01/2047 * 01/01/2037 236,450.00
0011799853 02/24/2010 Pre Mod 4 No Action 08/01/2009 5.850 1,296.63 01/01/2047 * 01/01/2037 235,278.67
238,000.00 12/01/2009 26,780.05 (26,703.01) * Post Mod 5 No Action 08/01/2009 2.000 939.93 04/01/2041 0.00 01/01/2037 261,433.88
4 Current Values 0 No Action 05/01/2010 2.000 939.93 04/01/2041 * 04/01/2041 259,918.73
0011802317 04/20/2009 Pre Mod 1 No Action 01/01/2009 9.000 1,203.32 01/01/2037 * 01/01/2037 155,047.38
156,000.00 03/19/2009 0.00 (120.09) * Post Mod 0 No Action 04/01/2009 5.000 760.76 03/01/2047 * 01/01/2037 155,052.74
1 Current Values 3 No Action 01/01/2010 5.000 760.76 03/01/2047 * 01/01/2037 153,523.69
Loan Group II
0011578780 11/19/2008 Pre Mod 0 No Action 10/01/2008 9.375 840.79 07/01/2036 * * 99,559.02
101,600.00 11/01/2008 * (722.31) * Post Mod 0 No Action 11/01/2008 7.500 716.98 07/01/2036 * * 100,186.59
1 Current Values 0 No Action 05/01/2010 7.500 716.98 07/01/2036 N/A N/A 98,145.95
0011593785 03/19/2009 Pre Mod 3 No Action 10/01/2008 8.990 1,447.03 07/01/2036 * * 176,075.76
180,000.00 01/01/2009 * (22,228.22) * Post Mod 0 No Action 02/01/2009 8.990 1,623.73 07/01/2036 * * 197,999.35
1 Current Values 9 Foreclosure 07/01/2009 8.990 1,623.73 07/01/2036 N/A N/A 195,935.34
0011600297 02/19/2009 Pre Mod 1 No Action 11/01/2008 8.250 1,527.68 07/01/2036 * 07/01/2036 212,027.78
214,400.00 02/01/2009 * (18,049.98) * Post Mod 0 No Action 02/01/2009 6.500 1,365.86 07/01/2036 120,292.21 07/01/2036 229,860.38
1 Current Values 6 No Action 10/01/2009 6.500 1,365.86 07/01/2036 120,292.21 07/01/2036 227,978.30
0011649403 08/21/2008 Pre Mod * * * * * * * * *
52,250.00 07/01/2008 * 0.00 * Post Mod 0 No Action 08/01/2008 9.000 423.15 * * * 51,906.61
1 Current Values 17 Foreclosure 11/01/2008 10.470 477.35 10/01/2036 N/A N/A 51,295.28
0011668923 07/21/2008 Pre Mod * * * * * * * * *
124,200.00 06/16/2008 * (2,832.08) * Post Mod 0 No Action 07/01/2008 8.730 1,005.01 * * * 125,320.19
1 Current Values INACTIVE
0011679765 09/21/2009 Pre Mod 11 No Action 08/01/2008 9.375 964.83 11/01/2036 * * 113,804.52
116,000.00 09/01/2009 * (10,104.56) * Post Mod 3 No Action 05/01/2009 8.000 931.70 11/01/2036 * * 123,736.08
1 Current Values 7 No Action 09/01/2009 8.000 931.70 11/01/2036 N/A N/A 122,861.54
0011679852 10/21/2008 Pre Mod * * * * * * * * *
212,000.00 10/01/2008 * (4,414.14) * Post Mod 0 No Action 10/01/2008 6.950 1,227.48 * * * 216,352.76
1 Current Values 0 No Action 05/01/2010 6.950 1,461.82 11/01/2036 N/A N/A 212,127.38
0011679863 10/21/2008 Pre Mod * * * * * * * * *
53,000.00 09/30/2008 * (514.81) * Post Mod 0 No Action 10/01/2008 10.500 484.81 * * * 52,980.81
1 Current Values 0 No Action 05/01/2010 7.000 359.72 11/01/2036 N/A N/A 51,965.92

Page 75
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
0011680745 07/21/2008 Pre Mod * * * * * * * * *
320,000.00 06/24/2008 * (14,050.20) * Post Mod 0 No Action 07/01/2008 8.195 2,320.62 * * * 333,109.89
0011680745 06/23/2009 Pre Mod 7 No Action 09/01/2008 8.195 2,320.62 10/01/2036 * 10/01/2036 332,414.91
320,000.00 06/24/2008 * 13,003.63 * Post Mod 15 No Action 02/01/2008 8.195 2,270.75 10/01/2036 * 10/01/2036 319,410.65
2 Current Values 22 No Action 06/01/2008 8.195 2,181.31 10/01/2036 * 10/01/2036 319,410.65
0011681920 07/23/2009 Pre Mod 9 Foreclosure 08/01/2008 10.375 2,952.13 10/01/2036 * 10/01/2036 338,883.18
340,000.00 07/01/2009 31,423.44 (31,643.50) 0.00 Post Mod 0 No Action 07/01/2009 8.875 2,546.69 10/01/2056 * 10/01/2036 370,486.31
1 Current Values 7 No Action 09/01/2009 8.875 2,751.56 10/01/2056 * 10/01/2036 371,958.71
0011685339 12/20/2008 Pre Mod 6 Foreclosure 04/01/2008 10.770 977.06 12/01/2036 * * 103,476.46
104,500.00 10/01/2008 * (299.25) * Post Mod 7 No Action 04/01/2008 8.500 810.14 12/01/2036 * * 103,698.53
1 Current Values INACTIVE
0011690676 04/21/2010 Pre Mod 13 No Action 01/01/2009 12.375 655.69 10/01/2036 * * 52,768.10
62,000.00 04/01/2010 0.00 0.00 * Post Mod 0 No Action 04/01/2010 3.950 267.44 10/01/2036 * * 52,674.35
1 Current Values 0 No Action 05/01/2010 3.950 267.44 10/01/2036 N/A N/A 52,580.30
0011691433 08/20/2008 Pre Mod * * * * * * * * *
440,000.00 08/01/2008 * (29,153.01) * Post Mod 0 No Action 08/01/2008 7.570 3,113.60 * * * 465,602.92
0011691433 09/21/2009 Pre Mod 10 No Action 09/01/2008 8.125 3,303.30 10/01/2036 * 10/01/2036 463,815.06
440,000.00 09/01/2009 * (33,362.89) * Post Mod 3 No Action 05/01/2009 6.625 2,752.04 10/01/2036 * 10/01/2036 496,986.56
2 Current Values 9 No Action 07/01/2009 7.000 2,898.99 10/01/2036 * 10/01/2036 496,969.99
0011696683 06/24/2009 Pre Mod 15 No Action 01/01/2008 12.625 379.63 11/01/2036 * * 35,011.95
35,250.00 06/01/2009 6,267.72 (143.60) 3,898.62 Post Mod 16 No Action 01/01/2008 8.625 278.71 11/01/2036 * * 35,128.49
0011696683 04/21/2010 Pre Mod 1 No Action 01/01/2010 8.625 314.83 11/01/2036 * * 41,998.16
35,250.00 04/01/2010 1,133.73 20.63 * Post Mod (1) No Action 05/01/2010 3.950 181.20 11/01/2036 * * 41,934.57
2 Current Values 0 No Action 05/01/2010 3.950 181.20 11/01/2036 N/A N/A 41,870.77
0011696685 06/23/2009 Pre Mod 15 No Action 01/01/2008 11.000 1,742.91 11/01/2036 * 11/01/2036 187,548.92
188,000.00 06/01/2009 27,798.30 0.00 26,471.87 Post Mod 0 No Action 06/01/2009 3.500 748.99 11/01/2046 * 11/01/2036 187,346.95
1 Current Values 1 No Action 03/01/2010 3.500 748.99 11/01/2046 * 11/01/2036 185,086.01
0011698932 11/19/2008 Pre Mod 13 No Action 08/01/2007 8.345 1,243.05 11/01/2036 * * 161,451.43
164,000.00 10/01/2008 * (22,946.37) * Post Mod 0 No Action 10/01/2008 8.345 1,392.23 11/01/2036 35,254.06 11/01/2036 184,128.33
0011698932 07/21/2009 Pre Mod 3 No Action 02/01/2009 8.345 1,392.23 11/01/2036 35,254.06 11/01/2036 183,329.42
164,000.00 07/01/2009 * (14,801.05) * Post Mod 4 No Action 02/01/2009 8.345 1,392.23 11/01/2036 35,254.06 11/01/2036 198,013.14
2 Current Values 7 No Action 09/01/2009 8.345 1,545.95 11/01/2036 35,254.06 11/01/2036 196,270.29
0011704286 03/19/2010 Pre Mod 13 No Action 12/01/2008 8.745 2,738.20 12/01/2036 * 12/01/2036 405,541.10
364,000.00 03/01/2010 * (0.20) * Post Mod 0 No Action 03/01/2010 2.000 1,454.77 12/01/2036 * 12/01/2036 404,762.43
1 Current Values 0 No Action 05/01/2010 2.000 1,454.77 12/01/2036 * 12/01/2036 400,717.58

Page 76
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
0011704409 12/22/2008 Pre Mod 10 Foreclosure 12/01/2007 11.000 2,396.56 11/01/2036 * * 286,857.90
290,800.00 11/01/2008 * (33,368.93) * Post Mod 11 No Action 12/01/2007 9.270 2,655.24 11/01/2036 27,901.10 11/01/2036 319,787.57
0011704409 03/19/2009 Pre Mod 2 No Action 11/01/2008 11.000 2,931.39 11/01/2036 27,901.10 11/01/2036 319,787.57
290,800.00 02/01/2009 * (8,398.79) * Post Mod 1 No Action 01/01/2009 6.125 1,701.76 11/01/2036 27,901.10 11/01/2036 328,186.36
0011704409 04/20/2009 Pre Mod 1 No Action 01/01/2009 6.125 1,701.76 11/01/2036 27,901.10 11/01/2036 328,186.36
290,800.00 03/01/2009 * (5,219.16) * Post Mod 0 No Action 04/01/2009 6.125 1,701.76 11/01/2036 27,901.10 11/01/2036 333,405.52
3 Current Values 3 No Action 01/01/2010 6.500 1,802.88 11/01/2036 27,901.10 11/01/2036 332,839.78
0011705404 07/21/2009 Pre Mod 5 No Action 12/01/2008 8.625 3,486.33 11/01/2036 * 11/01/2036 476,812.92
479,272.00 05/01/2009 * (19,287.69) * Post Mod 1 No Action 05/01/2009 6.500 2,816.92 11/01/2036 * 11/01/2036 495,866.43
1 Current Values 11 No Action 05/01/2009 6.500 2,816.92 11/01/2036 * 11/01/2036 494,524.27
0011707593 09/23/2008 Pre Mod * * * * * * * * *
60,598.00 09/13/2008 * (8,839.10) * Post Mod 12 No Action 08/01/2007 6.500 444.85 * * * 68,825.95
1 Current Values 17 No Action 11/01/2008 6.500 444.85 10/01/2036 N/A N/A 67,822.94
0011707594 09/22/2008 Pre Mod * * * * * * * * *
242,392.00 09/13/2008 * (29,961.90) * Post Mod 13 No Action 07/01/2007 5.250 1,364.83 * * * 269,530.95
1 Current Values 16 Foreclosure 12/01/2008 5.250 1,364.83 10/01/2036 * 10/01/2036 265,161.23
0011710546 10/19/2009 Pre Mod 1 No Action 08/01/2009 12.375 271.79 11/01/2036 * * 25,890.20
25,700.00 11/01/2009 * (33.53) * Post Mod (1) No Action 12/01/2009 5.000 146.21 11/01/2036 * * 25,885.40
1 Current Values 0 No Action 05/01/2010 5.000 146.21 11/01/2036 N/A N/A 25,144.71
0011710585 03/19/2009 Pre Mod 3 No Action 10/01/2008 12.375 560.51 11/01/2036 * * 52,586.52
53,000.00 01/01/2009 * (1,678.08) * Post Mod 1 No Action 01/01/2009 12.375 578.42 11/01/2036 * * 54,228.48
1 Current Values 15 No Action 01/01/2009 12.375 578.42 11/01/2036 N/A N/A 54,150.52
0011712211 06/22/2009 Pre Mod 4 No Action 12/01/2008 10.125 1,870.83 12/01/2036 * 12/01/2036 219,899.35
220,480.00 05/01/2009 * (11,302.13) * Post Mod 0 No Action 05/01/2009 7.750 1,493.18 12/01/2036 * 12/01/2036 231,201.48
1 Current Values 0 No Action 04/01/2010 8.000 1,540.54 12/01/2036 * 12/01/2036 231,080.41
0011713018 01/20/2009 Pre Mod 0 No Action 11/01/2008 9.750 2,472.21 11/01/2036 * 11/01/2036 301,371.42
302,554.00 12/01/2008 * (13,865.39) * Post Mod 0 No Action 12/01/2008 9.000 2,396.13 11/01/2036 265,920.42 11/01/2036 315,100.97
1 Current Values 14 No Action 02/01/2009 9.000 2,396.13 11/01/2036 265,920.42 11/01/2036 312,367.73
0011713021 03/19/2009 Pre Mod 0 No Action 01/01/2009 11.000 720.32 11/01/2036 * * 74,581.89
75,638.00 01/01/2009 * (1,451.00) * Post Mod 1 No Action 01/01/2009 11.000 731.91 11/01/2036 * * 75,984.65
1 Current Values 13 No Action 03/01/2009 11.000 731.91 11/01/2036 N/A N/A 75,877.52
0011714092 01/20/2009 Pre Mod 0 No Action 11/01/2008 9.250 1,573.58 11/01/2036 * * 188,553.65
191,920.00 12/01/2008 * (4,174.66) * Post Mod 0 No Action 01/01/2009 8.145 1,459.30 11/01/2036 * * 192,548.82
1 Current Values 14 Foreclosure 02/01/2009 8.145 1,459.30 11/01/2036 N/A N/A 189,982.69
0011716099 07/23/2009 Pre Mod (1) No Action 08/01/2009 6.175 2,533.81 12/01/2036 * * 513,080.81
494,000.00 08/01/2009 20,957.79 (2,123.48) 0.00 Post Mod 0 No Action 08/01/2009 5.500 2,256.83 12/01/2036 * * 515,204.29
1 Current Values 2 No Action 02/01/2010 5.500 2,361.35 12/01/2036 N/A N/A 515,204.29

Page 77
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
0011716884 09/24/2009 Pre Mod 3 No Action 05/01/2009 2.500 269.05 11/01/2036 * * 34,232.87
34,200.00 10/01/2009 1,127.52 2.35 0.00 Post Mod (1) No Action 11/01/2009 2.500 140.01 11/01/2036 * * 34,161.83
1 Current Values 0 No Action 05/01/2010 2.500 140.01 11/01/2036 N/A N/A 33,660.39
0011719484 03/18/2010 Pre Mod 5 No Action 08/01/2009 10.000 814.15 11/01/2036 * 11/01/2036 95,183.88
95,920.00 03/01/2010 2,145.81 (2,274.19) * Post Mod (2) No Action 05/01/2010 2.000 392.25 11/01/2036 * 11/01/2036 96,908.37
1 Current Values (1) No Action 06/01/2010 2.000 392.25 11/01/2036 * 11/01/2036 95,410.42
0011719485 02/18/2010 Pre Mod 6 No Action 07/01/2009 12.875 301.44 11/01/2021 * * 22,126.47
23,980.00 03/01/2010 111.32 (0.24) * Post Mod (1) No Action 04/01/2010 2.000 176.22 11/01/2021 * * 21,778.24
1 Current Values 0 No Action 05/01/2010 2.000 176.22 11/01/2021 N/A N/A 21,274.01
0011726703 06/19/2008 Pre Mod * * * * * * * * *
114,880.00 03/31/2008 * (93.16) * Post Mod 0 No Action 05/01/2008 8.000 867.03 * * * 124,016.12
0011726703 05/20/2009 Pre Mod 9 No Action 06/01/2008 8.625 924.90 12/01/2036 * 12/01/2036 123,627.79
114,880.00 05/01/2009 * (12,199.00) * Post Mod 0 No Action 05/01/2009 5.125 580.09 12/01/2046 * 12/01/2036 135,826.79
2 Current Values 6 No Action 10/01/2009 5.500 622.54 12/01/2046 * 12/01/2036 135,826.79
0011726704 06/19/2008 Pre Mod * * * * * * * * *
28,720.00 04/14/2008 * (1,428.54) * Post Mod 0 No Action 06/01/2008 8.750 237.80 * * * 29,894.06
1 Current Values 22 No Action 06/01/2008 8.750 237.80 12/01/2036 N/A N/A 29,913.74
0011726965 08/20/2008 Pre Mod * * * * * * * * *
310,400.00 08/01/2008 * (38,043.37) * Post Mod 0 No Action 08/01/2008 5.250 1,752.17 * * * 346,497.77
1 Current Values 20 No Action 08/01/2008 5.250 1,752.17 11/01/2036 * 11/01/2036 341,313.51
0011726970 08/20/2008 Pre Mod * * * * * * * * *
77,600.00 08/01/2008 * (12,022.49) * Post Mod 15 No Action 04/01/2007 5.250 505.35 * * * 89,210.73
1 Current Values 20 No Action 08/01/2008 5.250 505.35 11/01/2036 N/A N/A 87,917.10
0011727615 10/21/2008 Pre Mod * * * * * * * * *
267,120.00 09/01/2008 * (36,352.22) * Post Mod 12 Foreclosure 09/01/2007 6.125 1,628.97 * * * 302,659.05
1 Current Values 15 No Action 01/01/2009 6.125 1,628.97 12/01/2036 * 12/01/2036 302,060.91
0011728911 03/18/2010 Pre Mod 7 No Action 07/01/2009 11.750 464.33 11/01/2036 * * 49,523.46
46,000.00 04/01/2010 4,024.58 0.00 * Post Mod 0 No Action 04/01/2010 5.000 280.49 11/01/2036 * * 49,449.32
1 Current Values 0 No Action 05/01/2010 5.000 280.49 11/01/2036 N/A N/A 49,374.87
0011730059 08/24/2009 Pre Mod 7 Foreclosure 11/01/2008 9.270 946.16 12/01/2036 * * 112,741.11
114,750.00 08/01/2009 * (20,071.38) * Post Mod (1) No Action 09/01/2009 9.270 946.16 12/01/2036 * * 132,737.26
1 Current Values 7 Foreclosure 09/01/2009 9.270 1,116.26 12/01/2036 N/A N/A 132,647.94
0011730736 08/20/2008 Pre Mod * * * * * * * * *
119,200.00 08/01/2008 * (11,132.76) * Post Mod 0 No Action 08/01/2008 7.970 954.19 * * * 128,535.55
1 Current Values 19 Foreclosure 09/01/2008 7.970 954.19 12/01/2036 N/A N/A 126,844.90

Page 78
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
0011731466 04/20/2009 Pre Mod 0 No Action 03/01/2009 9.250 493.61 12/01/2036 * * 58,938.63
60,000.00 04/01/2009 * (138.09) * Post Mod 0 No Action 03/01/2009 3.900 290.65 12/01/2036 * * 58,977.62
0011731466 05/20/2009 Pre Mod 0 No Action 03/01/2009 3.900 290.65 12/01/2036 * * 58,977.62
60,000.00 05/01/2009 0.00 0.00 * Post Mod (1) No Action 06/01/2009 3.900 290.65 12/01/2036 * * 58,230.76
2 Current Values 0 No Action 05/01/2010 3.900 290.65 12/01/2036 N/A N/A 56,905.48
0011731467 05/20/2009 Pre Mod 4 No Action 11/01/2008 8.500 1,751.09 12/01/2036 * 12/01/2036 237,550.80
240,000.00 05/01/2009 0.00 368.19 * Post Mod (2) No Action 07/01/2009 1.750 718.02 12/01/2046 * 12/01/2036 236,811.02
1 Current Values (1) No Action 06/01/2010 1.750 718.02 12/01/2046 * 12/01/2036 231,720.76
0011731775 01/21/2009 Pre Mod 0 No Action 11/01/2008 7.240 2,192.04 01/01/2037 * 01/01/2037 340,070.87
343,075.00 01/02/2009 * (4,384.08) * Post Mod 0 No Action 12/01/2008 7.240 2,192.04 01/01/2037 * 01/01/2037 344,314.67
1 Current Values 5 No Action 11/01/2009 7.240 2,220.31 01/01/2037 * 01/01/2037 341,921.10
0011732346 07/17/2009 Pre Mod 6 No Action 11/01/2008 12.990 406.79 11/01/2021 * 11/01/2021 35,905.22
36,800.00 06/28/2009 * (81.35) * Post Mod (1) No Action 08/01/2009 12.990 406.79 11/01/2021 * 11/01/2021 39,548.77
1 Current Values 7 No Action 09/01/2009 12.990 441.02 11/01/2021 * 11/01/2021 39,198.42
0011734159 04/20/2010 Pre Mod 12 No Action 02/01/2009 8.990 3,411.63 12/01/2036 * * 413,906.61
424,000.00 04/01/2010 53,059.72 (53,930.58) * Post Mod 0 No Action 04/01/2010 2.000 1,580.98 12/01/2036 * * 466,946.05
1 Current Values 0 No Action 05/01/2010 2.000 1,580.98 12/01/2036 N/A N/A 466,143.31
0011734533 08/19/2009 Pre Mod 9 No Action 09/01/2008 10.990 314.02 12/01/2036 * * 32,713.97
33,000.00 07/21/2009 * (3,856.72) * Post Mod (1) No Action 09/01/2009 10.990 314.02 12/01/2036 * * 36,556.28
1 Current Values 7 No Action 09/01/2009 10.990 353.30 12/01/2036 N/A N/A 36,537.76
0011735949 10/22/2009 Pre Mod 0 No Action 09/01/2009 5.775 1,819.13 11/01/2036 * * 381,638.08
378,000.00 11/01/2009 * 0.00 * Post Mod 0 No Action 11/01/2009 3.000 954.10 11/01/2036 * * 381,638.08
1 Current Values 0 No Action 05/01/2010 3.000 954.10 11/01/2036 N/A N/A 381,638.08
0011736886 05/20/2009 Pre Mod 2 No Action 01/01/2009 9.375 3,681.68 12/01/2036 * 12/01/2036 465,759.54
468,000.00 05/01/2009 * (17,186.76) * Post Mod 3 No Action 01/01/2009 6.750 2,716.57 12/01/2036 * 12/01/2036 482,946.30
1 Current Values 0 No Action 05/01/2010 7.250 2,912.31 12/01/2036 * 12/01/2036 481,915.30
0011737504 03/22/2010 Pre Mod 7 No Action 06/01/2009 7.750 2,341.95 12/01/2036 * * 316,972.46
326,900.00 01/01/2010 17,614.59 (18,304.95) * Post Mod 7 No Action 07/01/2009 2.000 581.10 01/01/2050 * * 335,224.60
1 Current Values 0 No Action 05/01/2010 2.000 581.10 01/01/2050 N/A N/A 334,699.86
0011738294 01/21/2010 Pre Mod 13 Bankruptcy 10/01/2008 9.990 1,648.38 11/01/2036 * * 184,359.11
187,992.00 12/01/2009 37,684.49 (38,827.90) * Post Mod 13 Bankruptcy 11/01/2008 3.000 1,007.49 11/01/2036 * * 222,640.42
1 Current Values 4 Bankruptcy 12/01/2009 3.000 1,007.49 11/01/2036 N/A N/A 220,830.08
0011739660 11/19/2008 Pre Mod 7 No Action 02/01/2008 8.690 1,203.86 11/01/2036 * 11/01/2036 163,654.52
164,050.00 10/01/2008 * (10,149.39) * Post Mod 0 No Action 11/01/2008 8.690 1,277.91 11/01/2036 146,992.01 11/01/2036 173,711.13
0011739660 02/18/2010 Pre Mod 7 No Action 05/01/2009 8.690 1,278.28 11/01/2036 146,992.01 11/01/2036 173,457.39
164,050.00 02/01/2010 14,357.09 (14,513.63) * Post Mod 7 No Action 06/01/2009 2.000 752.14 11/01/2036 146,992.01 11/01/2036 187,507.98
2 Current Values 0 No Action 05/01/2010 2.000 752.14 11/01/2036 146,992.01 11/01/2036 184,767.02

Page 79
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
0011740327 04/21/2010 Pre Mod 15 No Action 11/01/2008 12.375 317.06 12/01/2036 * * 25,913.80
29,980.00 04/01/2010 0.00 0.00 * Post Mod 0 No Action 04/01/2010 3.950 130.87 12/01/2036 * * 25,868.23
1 Current Values 0 No Action 05/01/2010 3.950 130.87 12/01/2036 N/A N/A 25,822.51
0011740399 04/22/2009 Pre Mod 3 No Action 11/01/2008 10.375 1,769.24 12/01/2036 * 12/01/2036 212,416.29
204,000.00 04/01/2009 * 0.00 * Post Mod 0 No Action 04/01/2009 7.500 1,366.06 12/01/2036 169,572.68 12/01/2036 212,377.83
0011740399 07/21/2009 Pre Mod 0 No Action 06/01/2009 7.500 1,366.06 12/01/2036 169,572.68 12/01/2036 212,300.19
204,000.00 05/01/2009 * (583.54) * Post Mod 0 No Action 07/01/2009 4.125 731.78 12/01/2036 169,572.68 12/01/2036 212,881.73
2 Current Values 0 No Action 05/01/2010 4.375 773.87 12/01/2036 169,572.68 12/01/2036 212,136.11
0011740494 01/23/2008 Pre Mod * * * * * * * * *
332,000.00 01/09/2008 * (25,945.31) * Post Mod 6 Foreclosure 06/01/2007 6.990 2,060.74 * * * 356,100.71
1 Current Values 21 No Action 07/01/2008 7.375 2,309.29 11/01/2036 * 11/01/2036 350,079.31
0011740908 02/19/2009 Pre Mod 11 No Action 01/01/2008 12.875 282.88 12/01/2036 * * 25,722.74
25,800.00 12/01/2008 * (3,242.88) * Post Mod 11 No Action 02/01/2008 12.875 318.34 12/01/2036 3,276.23 12/01/2036 28,923.26
1 Current Values 14 No Action 02/01/2009 12.875 318.34 12/01/2036 3,276.23 12/01/2036 28,882.30
0011741551 06/23/2009 Pre Mod 12 No Action 04/01/2008 12.000 950.44 01/01/2037 * * 91,785.56
92,400.00 06/01/2009 12,851.88 (220.88) 12,316.39 Post Mod 0 No Action 06/01/2009 9.000 753.05 01/01/2037 * * 91,941.78
0011741551 02/24/2010 Pre Mod 3 No Action 09/01/2009 9.000 753.05 01/01/2037 * * 94,796.24
92,400.00 02/01/2010 3,782.61 0.00 0.00 Post Mod 0 No Action 02/01/2010 3.950 476.26 01/01/2037 * * 94,632.02
2 Current Values 0 No Action 05/01/2010 3.950 476.26 01/01/2037 N/A N/A 94,136.10
0011741711 04/21/2010 Pre Mod 3 No Action 11/01/2009 9.170 553.56 12/01/2036 * * 66,422.29
68,000.00 12/01/2009 300.60 (214.42) 3,416.65 Post Mod 0 No Action 03/01/2010 6.875 454.37 12/01/2036 * * 66,562.88
1 Current Values 1 Foreclosure 03/01/2010 6.875 454.37 12/01/2036 N/A N/A 66,489.86
0011741986 05/21/2008 Pre Mod * * * * * * * * *
232,000.00 03/18/2008 * (6,147.70) * Post Mod 4 No Action 12/01/2007 7.070 1,491.60 * * * 236,392.63
1 Current Values 23 No Action 05/01/2008 7.070 1,491.60 11/01/2036 * 11/01/2036 233,852.24
0011742530 01/20/2009 Pre Mod 5 Foreclosure 06/01/2008 9.375 1,774.24 12/01/2036 * 12/01/2036 254,082.20
256,000.00 12/01/2008 * (22,546.51) * Post Mod 6 No Action 06/01/2008 9.375 2,043.80 12/01/2036 * 12/01/2036 276,569.93
0011742530 02/19/2009 Pre Mod 6 No Action 06/01/2008 9.375 2,043.80 12/01/2036 * 12/01/2036 276,569.93
256,000.00 01/01/2009 * 239.69 * Post Mod 0 No Action 01/01/2009 7.000 1,734.95 12/01/2036 149,420.38 12/01/2036 276,208.61
2 Current Values 14 No Action 02/01/2009 7.000 1,734.95 12/01/2036 149,420.38 12/01/2036 274,262.02
0011743184 02/24/2010 Pre Mod 11 No Action 01/01/2009 12.250 999.69 12/01/2036 * * 81,289.27
95,400.00 02/01/2010 0.00 0.00 27,230.29 Post Mod (1) No Action 03/01/2010 3.950 409.11 12/01/2036 * * 81,147.74
1 Current Values (1) No Action 06/01/2010 3.950 409.11 12/01/2036 N/A N/A 80,720.33
0011743502 09/21/2009 Pre Mod 5 No Action 02/01/2009 7.750 3,539.17 12/01/2036 * * 548,000.00
548,000.00 09/01/2009 * (22,507.34) * Post Mod 0 No Action 09/01/2009 3.250 1,545.12 12/01/2036 * * 570,507.34
1 Current Values 0 No Action 05/01/2010 3.250 1,541.46 12/01/2036 N/A N/A 569,104.97

Page 80
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
0011743614 06/19/2008 Pre Mod * * * * * * * * *
94,000.00 03/26/2008 * (12,839.91) * Post Mod 7 No Action 10/01/2007 8.990 862.76 * * * 105,745.26
1 Current Values 19 No Action 09/01/2008 8.990 859.34 12/01/2036 N/A N/A 104,099.43
0011743616 08/21/2009 Pre Mod 16 No Action 02/01/2008 9.990 206.06 12/01/2036 * * 23,289.66
23,500.00 08/01/2009 * (4,074.57) * Post Mod (1) No Action 09/01/2009 9.990 243.44 12/01/2036 * * 27,314.68
1 Current Values 7 No Action 09/01/2009 9.990 243.44 12/01/2036 N/A N/A 27,298.63
0011744011 05/19/2009 Pre Mod 1 No Action 02/01/2009 9.345 3,706.74 12/01/2036 * * 475,985.71
476,000.00 05/01/2009 11,120.22 0.00 0.00 Post Mod 0 No Action 05/01/2009 5.500 2,181.60 12/01/2036 * * 475,985.71
1 Current Values 7 No Action 09/01/2009 5.500 2,194.64 12/01/2036 N/A N/A 478,830.17
0011744047 03/19/2009 Pre Mod 6 No Action 07/01/2008 12.375 370.15 01/01/2037 * * 34,731.26
35,000.00 03/01/2009 0.00 164.54 0.00 Post Mod 0 No Action 03/01/2009 7.500 248.22 01/01/2037 * * 34,535.57
0011744047 11/20/2009 Pre Mod 0 No Action 11/01/2009 7.500 248.22 01/01/2037 * * 35,443.16
35,000.00 12/01/2009 * 0.00 * Post Mod 0 No Action 12/01/2009 3.000 159.10 01/01/2037 * * 35,372.67
2 Current Values 0 No Action 05/01/2010 3.000 159.10 01/01/2037 N/A N/A 35,017.56
0011744557 01/21/2009 Pre Mod 0 No Action 11/01/2008 5.875 868.47 12/01/2036 * 12/01/2036 166,742.36
167,920.00 12/29/2008 * (104.00) * Post Mod 0 No Action 01/01/2009 5.875 869.00 12/01/2036 * 12/01/2036 166,793.70
1 Current Values 2 No Action 02/01/2010 5.875 869.00 12/01/2036 * 12/01/2036 165,908.79
0011744704 05/19/2009 Pre Mod 4 No Action 11/01/2008 11.990 259.02 12/01/2036 * * 25,000.33
25,200.00 05/01/2009 1,497.93 (38.68) 0.00 Post Mod 5 No Action 11/01/2008 6.000 154.55 12/01/2036 * * 25,009.46
0011744704 06/23/2009 Pre Mod 5 No Action 11/01/2008 6.000 154.55 12/01/2036 * * 25,009.46
25,200.00 05/01/2009 1,497.93 0.00 354.05 Post Mod 0 No Action 06/01/2009 6.000 154.55 12/01/2036 * * 24,979.96
2 Current Values 0 No Action 04/01/2010 6.000 154.55 12/01/2036 N/A N/A 24,556.25
0011744955 05/19/2009 Pre Mod 3 No Action 12/01/2008 6.600 2,810.61 12/01/2036 * 12/01/2036 488,842.69
492,000.00 05/01/2009 13,453.11 (600.94) 0.00 Post Mod 4 No Action 12/01/2008 2.000 1,328.04 12/01/2056 * 12/01/2036 488,930.33
0011744955 06/23/2009 Pre Mod 4 No Action 12/01/2008 2.000 1,328.04 12/01/2056 * 12/01/2036 488,930.33
492,000.00 05/01/2009 13,453.11 0.00 10,556.99 Post Mod 0 No Action 06/01/2009 2.000 1,328.04 12/01/2056 * 12/01/2036 488,417.17
2 Current Values 7 Bankruptcy 09/01/2009 2.000 1,328.04 12/01/2056 * 12/01/2036 483,238.33
0011745038 11/19/2008 Pre Mod 0 No Action 10/01/2008 9.220 1,442.03 12/01/2036 * * 173,446.54
175,750.00 11/01/2008 * (2,521.79) * Post Mod 0 No Action 10/01/2008 9.000 1,433.47 12/01/2036 * * 175,835.71
1 Current Values 14 No Action 02/01/2009 9.000 1,433.47 12/01/2036 N/A N/A 174,275.61
0011745977 02/19/2009 Pre Mod 5 No Action 07/01/2008 9.375 1,265.10 12/01/2036 * * 149,989.95
152,550.00 02/01/2009 * (6,200.97) * Post Mod 0 No Action 01/01/2009 9.375 1,265.10 12/01/2036 * * 156,097.62
0011745977 04/21/2009 Pre Mod 1 No Action 01/01/2009 9.375 1,265.10 12/01/2036 * * 156,052.03
152,550.00 03/01/2009 * (6,036.04) * Post Mod 2 No Action 01/01/2009 4.125 557.18 12/01/2036 * * 162,088.07
2 Current Values 1 No Action 03/01/2010 4.375 590.70 12/01/2036 N/A N/A 162,019.97

Page 81
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
0011746450 06/23/2009 Pre Mod 0 No Action 05/01/2009 6.775 1,343.71 12/01/2036 * * 238,000.00
238,000.00 07/01/2009 2,687.42 0.00 1,566.83 Post Mod (1) No Action 08/01/2009 2.125 421.46 12/01/2036 * * 238,000.00
1 Current Values 0 No Action 05/01/2010 2.125 426.22 12/01/2036 N/A N/A 240,687.42
0011746804 04/21/2009 Pre Mod 7 No Action 07/01/2008 8.875 2,336.32 12/01/2036 * * 315,896.45
316,000.00 03/01/2009 * (17,200.28) * Post Mod 0 No Action 03/01/2009 6.375 1,769.58 12/01/2036 * * 333,096.73
1 Current Values 13 Foreclosure 03/01/2009 6.750 1,873.67 12/01/2036 N/A N/A 333,096.71
0011746889 02/24/2010 Pre Mod 6 No Action 06/01/2009 10.875 886.32 12/01/2036 * * 74,311.57
94,000.00 02/01/2010 0.00 0.00 25,241.72 Post Mod 0 No Action 02/01/2010 3.950 373.99 12/01/2036 * * 74,182.19
1 Current Values 2 No Action 02/01/2010 3.950 373.99 12/01/2036 N/A N/A 73,922.15
0011746952 01/21/2009 Pre Mod 12 Foreclosure 11/01/2007 9.590 3,179.55 11/01/2036 * * 370,211.17
375,200.00 12/01/2008 * (2,716.22) * Post Mod 0 No Action 12/01/2008 9.590 3,202.69 11/01/2036 * * 372,683.30
1 Current Values 14 Foreclosure 02/01/2009 9.590 3,202.69 11/01/2036 N/A N/A 368,870.66
0011747043 11/19/2009 Pre Mod 8 No Action 01/01/2009 12.500 416.07 12/01/2036 * * 38,635.77
38,985.00 11/01/2009 * (4,269.40) * Post Mod 9 No Action 01/01/2009 12.500 462.24 12/01/2036 * * 42,845.39
1 Current Values 0 No Action 05/01/2010 12.500 462.24 12/01/2036 N/A N/A 42,747.25
0011747152 04/21/2009 Pre Mod 5 No Action 10/01/2008 8.500 3,084.82 12/01/2036 * 12/01/2036 451,385.11
424,000.00 05/01/2009 * 0.00 * Post Mod 0 No Action 05/01/2009 5.500 2,368.66 12/01/2036 218,254.43 12/01/2036 451,085.30
1 Current Values 2 No Action 02/01/2010 5.500 2,368.66 12/01/2036 218,254.43 12/01/2036 447,301.69
0011747154 04/21/2009 Pre Mod 17 No Action 10/01/2007 9.990 929.44 12/01/2036 * * 122,441.04
106,000.00 05/01/2009 * 0.00 * Post Mod 0 No Action 05/01/2009 9.990 1,088.75 12/01/2036 * * 122,371.61
1 Current Values 2 No Action 02/01/2010 9.990 1,088.75 12/01/2036 N/A N/A 121,720.14
0011747344 02/19/2009 Pre Mod 6 No Action 06/01/2008 10.500 1,652.18 12/01/2036 * 12/01/2036 185,234.87
187,000.00 12/01/2008 * (8,842.37) * Post Mod 6 No Action 07/01/2008 10.500 1,652.18 12/01/2036 * 12/01/2036 194,045.87
1 Current Values 12 No Action 04/01/2009 8.500 1,436.38 12/01/2036 * 12/01/2036 193,999.78
0011747792 05/20/2009 Pre Mod 5 No Action 10/01/2008 12.375 645.12 12/01/2036 * * 60,544.74
61,000.00 05/01/2009 * (4,733.10) * Post Mod 0 No Action 05/01/2009 9.000 534.01 12/01/2036 * * 65,197.92
1 Current Values 11 No Action 05/01/2009 9.000 534.01 12/01/2036 N/A N/A 65,021.93
0011748094 11/19/2009 Pre Mod 15 No Action 06/01/2008 7.925 1,396.05 10/01/2036 * 10/01/2036 200,018.34
202,275.00 11/01/2009 * (33,218.82) * Post Mod 0 No Action 11/01/2009 8.125 1,660.71 10/01/2036 * 10/01/2036 232,930.74
1 Current Values 3 No Action 01/01/2010 7.925 1,626.54 10/01/2036 * 10/01/2036 232,416.21
0011748240 02/24/2010 Pre Mod 2 No Action 10/01/2009 9.990 282.34 12/01/2036 * * 32,547.73
32,200.00 02/01/2010 1,193.29 0.00 33.39 Post Mod 0 No Action 02/01/2010 3.950 163.80 12/01/2036 * * 32,491.07
1 Current Values 1 No Action 03/01/2010 3.950 163.80 12/01/2036 N/A N/A 32,319.95
0011748885 01/20/2009 Pre Mod 8 No Action 03/01/2008 11.990 214.20 12/01/2036 * * 20,750.73
20,840.00 01/01/2009 * (2,214.46) * Post Mod 0 No Action 01/01/2009 11.990 237.66 12/01/2036 * * 22,934.86
1 Current Values 0 No Action 05/01/2010 11.990 237.66 12/01/2036 N/A N/A 22,788.11

Page 82
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
0011749730 01/21/2009 Pre Mod 2 No Action 09/01/2008 8.750 3,433.15 12/01/2036 * 12/01/2036 456,194.28
459,000.00 12/30/2008 * (254.32) * Post Mod 1 No Action 11/01/2008 8.695 3,435.02 12/01/2036 * 12/01/2036 456,319.09
0011749730 02/24/2010 Pre Mod 0 No Action 01/01/2010 8.632 3,435.02 12/01/2036 * 12/01/2036 457,588.54
459,000.00 12/01/2009 2,882.39 0.11 0.00 Post Mod 0 No Action 02/01/2010 8.632 3,435.02 12/01/2046 * 12/01/2036 457,445.00
2 Current Values 0 No Action 05/01/2010 8.632 3,435.02 12/01/2046 * 12/01/2036 457,008.14
0011750257 07/21/2009 Pre Mod 8 No Action 09/01/2008 9.375 2,017.19 12/01/2036 * 12/01/2036 255,141.80
256,000.00 04/01/2009 * (16,269.18) * Post Mod 8 No Action 10/01/2008 9.375 1,993.30 12/01/2036 * 12/01/2036 271,410.98
0011750257 08/20/2009 Pre Mod 8 No Action 10/01/2008 9.375 1,993.30 12/01/2036 * 12/01/2036 271,410.98
256,000.00 05/01/2009 * 0.00 * Post Mod 0 No Action 07/01/2009 6.125 1,385.33 12/01/2036 * 12/01/2036 271,410.98
2 Current Values 6 No Action 10/01/2009 6.500 1,470.14 12/01/2036 * 12/01/2036 271,410.98
0011750869 03/22/2010 Pre Mod 9 Foreclosure 04/01/2009 6.520 1,173.36 12/01/2036 * * 215,955.82
216,000.00 01/01/2010 17,214.09 (16,764.26) * Post Mod 0 No Action 03/01/2010 2.750 1,022.51 12/01/2036 * * 232,192.47
1 Current Values 0 No Action 05/01/2010 2.750 1,022.51 12/01/2036 N/A N/A 231,210.54
0011751028 05/20/2009 Pre Mod 5 No Action 10/01/2008 10.125 1,987.66 12/01/2036 * 12/01/2036 230,292.94
231,990.00 05/01/2009 * (13,156.00) * Post Mod 6 No Action 10/01/2008 6.625 1,344.04 12/01/2036 * 12/01/2036 243,448.94
1 Current Values 10 REO 06/01/2009 7.000 1,420.12 12/01/2036 * 12/01/2036 243,448.94
0011751592 05/20/2009 Pre Mod 1 No Action 02/01/2009 8.875 4,015.58 01/01/2037 * 01/01/2037 535,163.85
538,400.00 05/01/2009 0.00 1,137.66 * Post Mod 0 No Action 05/01/2009 6.100 2,877.92 01/01/2057 * 01/01/2037 533,868.69
1 Current Values 2 No Action 02/01/2010 6.100 2,877.92 01/01/2057 * 01/01/2037 533,052.68
0011752047 05/20/2009 Pre Mod 6 Foreclosure 09/01/2008 9.250 1,441.44 12/01/2036 * * 173,392.71
176,000.00 05/01/2009 0.00 0.00 * Post Mod 0 No Action 05/01/2009 1.750 659.23 12/01/2036 * * 172,986.34
1 Current Values 2 No Action 02/01/2010 1.750 659.23 12/01/2036 N/A N/A 168,063.49
0011752048 05/20/2009 Pre Mod 6 No Action 09/01/2008 12.000 452.59 12/01/2036 * * 43,722.78
44,000.00 05/01/2009 0.00 (1.01) * Post Mod 0 No Action 05/01/2009 7.000 298.30 12/01/2036 * * 43,505.57
1 Current Values 2 No Action 02/01/2010 7.000 298.30 12/01/2036 N/A N/A 43,001.33
0011753402 06/23/2009 Pre Mod 4 No Action 12/01/2008 7.625 2,441.41 01/01/2037 * 01/01/2037 374,379.13
376,000.00 06/01/2009 13,870.08 0.00 12,934.58 Post Mod 0 No Action 06/01/2009 4.000 1,466.50 01/01/2057 * 01/01/2037 374,160.56
1 Current Values 4 Foreclosure 12/01/2009 4.000 1,466.50 01/01/2057 * 01/01/2037 371,707.66
0011753407 06/23/2009 Pre Mod 4 No Action 12/01/2008 10.990 894.47 01/01/2037 * * 93,185.52
94,000.00 06/01/2009 5,114.84 (0.19) 4,882.13 Post Mod 0 No Action 06/01/2009 7.000 635.76 01/01/2037 * * 93,061.34
1 Current Values 4 No Action 12/01/2009 7.000 635.76 01/01/2037 N/A N/A 92,302.78
0011753769 02/24/2010 Pre Mod 2 No Action 10/01/2009 6.850 1,653.11 01/01/2037 * 01/01/2037 266,464.01
270,750.00 12/01/2009 3,643.09 (2,040.74) * Post Mod 0 No Action 01/01/2010 4.500 1,439.85 01/01/2037 0.00 01/01/2037 268,064.14
1 Current Values 0 No Action 04/01/2010 4.500 1,439.85 01/01/2037 * 01/01/2037 266,755.41

Page 83
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
0011755214 01/20/2009 Pre Mod 2 No Action 09/01/2008 10.125 2,345.01 12/01/2036 * 12/01/2036 306,203.55
308,000.00 12/01/2008 * (15,365.21) * Post Mod 3 No Action 09/01/2008 10.125 2,640.85 12/01/2036 * 12/01/2036 321,511.50
0011755214 02/19/2009 Pre Mod 3 No Action 09/01/2008 10.125 2,640.85 12/01/2036 * 12/01/2036 321,511.50
308,000.00 01/01/2009 * 181.31 * Post Mod 0 No Action 02/01/2009 8.000 2,251.74 12/01/2036 185,589.59 12/01/2036 321,221.86
2 Current Values 9 No Action 07/01/2009 8.000 2,251.74 12/01/2036 185,589.59 12/01/2036 319,488.47
0011755395 01/20/2009 Pre Mod 0 No Action 12/01/2008 8.625 116.67 12/01/2036 * * 14,767.21
15,000.00 01/01/2009 * (119.85) * Post Mod 0 No Action 01/01/2009 8.625 117.59 12/01/2036 * * 14,875.61
1 Current Values (1) No Action 06/01/2010 8.625 117.59 12/01/2036 N/A N/A 14,694.03
0011755626 11/20/2009 Pre Mod 0 No Action 10/01/2009 9.570 389.14 01/01/2037 * * 45,162.36
46,000.00 11/01/2009 0.00 0.00 * Post Mod 19 No Action 03/01/2008 9.570 389.14 01/01/2037 0.00 * 45,133.39
1 Current Values 0 No Action 04/01/2010 9.570 389.15 01/01/2037 N/A N/A 44,954.62
0011755727 04/21/2009 Pre Mod 6 No Action 08/01/2008 9.125 2,494.17 12/01/2036 * * 328,000.00
328,000.00 04/01/2009 * (16,968.51) * Post Mod 0 No Action 04/01/2009 4.375 1,257.70 12/01/2036 * * 344,968.51
1 Current Values 1 No Action 03/01/2010 4.625 1,329.57 12/01/2036 N/A N/A 344,968.50
0011756101 06/23/2009 Pre Mod 0 No Action 04/01/2009 6.550 1,053.25 12/01/2036 * 12/01/2036 184,335.94
185,600.00 06/01/2009 1,925.35 (94.48) 1,859.15 Post Mod 0 No Action 06/01/2009 4.000 722.86 12/01/2056 * 12/01/2036 184,180.99
1 Current Values 1 No Action 03/01/2010 4.000 722.86 12/01/2056 * 12/01/2036 182,962.67
0011756121 11/23/2009 Pre Mod 0 No Action 09/01/2009 10.625 428.78 12/01/2036 * * 46,350.97
46,400.00 10/01/2009 * 2.61 * Post Mod 8 No Action 02/01/2009 5.125 260.19 12/01/2036 * * 46,286.13
1 Current Values 0 No Action 05/01/2010 5.125 260.19 12/01/2036 N/A N/A 45,891.21
0011756289 10/19/2009 Pre Mod 18 No Action 02/01/2008 7.990 1,574.49 12/01/2036 * 12/01/2036 230,978.41
232,000.00 10/01/2009 * (40,801.39) * Post Mod 0 No Action 09/01/2009 6.800 1,603.90 12/01/2036 * 12/01/2036 271,484.78
1 Current Values 6 No Action 10/01/2009 7.990 1,850.60 12/01/2036 * 12/01/2036 271,131.30
0011756314 11/19/2009 Pre Mod 5 No Action 04/01/2009 9.125 816.44 12/01/2036 * 12/01/2036 103,734.53
104,500.00 11/01/2009 * (9,448.15) * Post Mod 0 No Action 11/01/2009 9.125 1,353.42 12/01/2036 * 12/01/2036 112,618.07
1 Current Values 0 No Action 04/01/2010 9.120 886.40 12/01/2036 * 12/01/2036 112,431.59
0011756579 12/22/2009 Pre Mod 21 Foreclosure 01/01/2008 8.500 3,617.76 12/01/2036 * 12/01/2036 613,996.24
504,000.00 12/01/2009 * 40.81 * Post Mod 0 No Action 12/01/2009 2.000 2,448.39 12/01/2036 * 12/01/2036 611,874.18
1 Current Values 0 No Action 04/01/2010 2.000 2,448.39 12/01/2036 * 12/01/2036 604,654.39
0011756584 11/20/2009 Pre Mod (1) No Action 12/01/2009 10.875 1,188.04 12/01/2036 * * 146,587.69
126,000.00 12/01/2009 * 0.00 * Post Mod 0 No Action 12/01/2009 2.000 584.54 12/01/2036 * * 146,247.46
1 Current Values 0 No Action 04/01/2010 2.000 584.54 12/01/2036 N/A N/A 144,537.81
0011756972 05/20/2009 Pre Mod 3 No Action 12/01/2008 11.500 1,158.64 12/01/2036 * * 115,854.06
117,000.00 04/01/2009 * (4,493.37) * Post Mod 4 No Action 12/01/2008 5.250 687.90 12/01/2036 * * 120,166.39
1 Current Values 0 No Action 05/01/2010 5.250 687.90 12/01/2036 N/A N/A 118,172.81

Page 84
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
0011756973 08/19/2009 Pre Mod 4 No Action 02/01/2009 7.990 3,250.55 12/01/2036 * 12/01/2036 463,387.71
468,000.00 08/01/2009 * (27,469.49) * Post Mod 5 No Action 02/01/2009 3.250 1,329.20 12/01/2036 * 12/01/2036 490,783.01
1 Current Values 0 No Action 05/01/2010 3.250 1,327.38 12/01/2036 * 12/01/2036 490,107.63
0011758428 06/22/2009 Pre Mod 5 No Action 11/01/2008 10.625 924.05 12/01/2036 * * 98,702.81
99,995.00 06/01/2009 * (5,611.05) * Post Mod 0 No Action 06/01/2009 3.660 500.91 12/12/2036 * * 104,113.99
1 Current Values (1) Bankruptcy 06/01/2010 3.660 500.91 12/01/2036 N/A N/A 100,844.86
0011758494 01/21/2010 Pre Mod 0 No Action 12/01/2009 7.695 6,045.68 12/01/2036 * 12/01/2036 916,731.40
775,000.00 12/01/2009 * 435.20 * Post Mod 0 No Action 01/01/2010 3.625 2,855.04 12/01/2036 484,100.98 12/01/2036 916,210.45
1 Current Values 0 No Action 05/01/2010 3.625 2,855.04 12/01/2036 484,100.98 12/01/2036 914,110.85
0011759327 05/20/2009 Pre Mod 5 No Action 10/01/2008 9.625 4,506.09 12/01/2036 * 12/01/2036 546,615.83
551,200.00 05/01/2009 * 0.00 * Post Mod 6 No Action 10/01/2008 5.000 2,693.00 12/01/2036 * 12/01/2036 546,200.40
0011759327 06/23/2009 Pre Mod 6 No Action 10/01/2008 5.000 2,693.00 12/01/2036 * 12/01/2036 546,200.40
551,200.00 05/01/2009 28,489.23 (1,035.16) 26,885.66 Post Mod 0 No Action 05/01/2009 5.000 2,693.00 12/01/2046 * 12/01/2036 546,818.40
2 Current Values 8 No Action 08/01/2009 5.000 2,693.00 12/01/2046 * 12/01/2036 542,161.72
0011759334 05/19/2009 Pre Mod 4 No Action 11/01/2008 12.525 1,473.35 12/01/2036 * * 136,752.70
137,800.00 05/01/2009 7,154.53 (136.27) 0.00 Post Mod 0 No Action 05/01/2009 10.000 1,218.20 12/01/2036 * * 136,810.38
1 Current Values 2 No Action 02/01/2010 10.000 1,218.20 12/01/2036 N/A N/A 135,832.93
0011759620 04/22/2010 Pre Mod 1 No Action 01/01/2010 8.250 2,191.23 11/01/2036 * 11/01/2036 311,569.03
313,500.00 02/01/2010 * (8,645.75) * Post Mod 4 No Action 11/01/2009 2.625 1,392.40 11/01/2036 * 11/01/2036 319,503.94
1 Current Values 0 No Action 05/01/2010 2.625 1,392.40 11/01/2036 * 11/01/2036 317,682.29
0011759711 01/21/2009 Pre Mod 1 No Action 10/01/2008 7.520 2,286.99 01/01/2037 * 01/01/2037 343,938.51
346,750.00 12/01/2008 * (5,560.14) * Post Mod 0 No Action 01/01/2009 5.000 1,712.30 01/01/2037 139,315.75 01/01/2037 349,219.43
1 Current Values 0 No Action 05/01/2010 5.000 1,712.30 01/01/2037 139,315.75 01/01/2037 344,972.76
0011759958 03/18/2010 Pre Mod 20 No Action 05/01/2008 7.375 1,334.81 12/01/2036 * 12/01/2036 210,248.92
211,560.00 03/01/2010 42,262.02 (42,932.77) * Post Mod 20 No Action 06/01/2008 3.125 1,161.94 12/01/2036 * 12/01/2036 252,567.27
1 Current Values 0 No Action 05/01/2010 3.125 1,161.94 12/01/2036 * 12/01/2036 251,557.56
0011759981 04/20/2009 Pre Mod 0 No Action 02/01/2009 6.380 2,773.49 12/01/2036 * 12/01/2036 496,665.54
500,000.00 03/31/2009 0.00 (268.68) * Post Mod 0 No Action 04/01/2009 5.850 2,581.63 12/01/2056 * 12/01/2036 496,404.66
1 Current Values 0 No Action 05/01/2010 5.850 2,581.63 12/01/2056 * 12/01/2036 494,240.53
0011760165 11/20/2009 Pre Mod 5 No Action 04/01/2009 5.000 1,029.98 12/01/2036 * * 247,194.53
247,200.00 11/01/2009 7,209.86 (7,222.02) * Post Mod 11 No Action 11/01/2008 2.000 1,012.12 12/01/2036 0.00 * 253,816.42
1 Current Values 1 No Action 03/01/2010 2.000 1,012.12 12/01/2036 N/A N/A 250,267.11
0011760419 08/20/2008 Pre Mod * * * * * * * * *
103,500.00 08/01/2008 * (3,101.30) * Post Mod (1) No Action 09/01/2008 8.990 832.04 * * * 105,318.10
1 Current Values 14 No Action 02/01/2009 9.500 897.09 11/01/2036 N/A N/A 104,626.39

Page 85
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
0011761020 10/19/2009 Pre Mod 11 Bankruptcy 09/01/2008 8.375 3,324.64 12/01/2036 * 12/01/2036 455,095.49
460,750.00 10/01/2009 * (51,327.84) * Post Mod 0 Bankruptcy 10/01/2009 5.500 2,665.18 12/01/2036 * 12/01/2036 505,844.00
1 Current Values 0 Bankruptcy 05/01/2010 5.500 2,665.18 12/01/2036 * 12/01/2036 502,220.64
0011761026 02/19/2009 Pre Mod 7 No Action 05/01/2008 9.750 1,251.12 12/01/2036 * 12/01/2036 150,107.45
151,650.00 12/01/2008 * (9,110.01) * Post Mod 0 No Action 01/01/2009 9.750 1,251.12 12/01/2036 * 12/01/2036 159,185.96
0011761026 04/21/2009 Pre Mod 1 No Action 01/01/2009 9.750 1,293.39 12/01/2036 * 12/01/2036 159,144.03
151,650.00 01/01/2009 * 257.13 * Post Mod 1 No Action 02/01/2009 6.970 995.06 12/01/2036 85,817.63 12/01/2036 158,816.20
2 Current Values 0 No Action 04/01/2010 6.970 995.06 12/01/2036 85,817.63 12/01/2036 157,838.75
0011761386 01/21/2009 Pre Mod 3 No Action 08/01/2008 7.625 2,386.36 12/01/2036 * 12/01/2036 354,651.64
357,600.00 11/03/2008 * 983.18 * Post Mod 0 No Action 01/01/2009 6.000 1,980.21 12/01/2036 176,187.81 12/01/2036 353,461.51
1 Current Values 6 Bankruptcy 10/01/2009 6.000 1,980.21 12/01/2036 176,187.81 12/01/2036 349,924.30
0011761685 11/19/2009 Pre Mod 11 No Action 10/01/2008 6.990 1,706.62 12/01/2036 * 12/01/2036 282,039.02
284,000.00 11/01/2009 * (23,642.73) * Post Mod 0 No Action 11/01/2009 6.990 1,937.57 12/01/2036 * 12/01/2036 305,387.06
1 Current Values 1 No Action 03/01/2010 6.990 1,848.32 12/01/2036 * 12/01/2036 304,964.31
0011761913 04/20/2009 Pre Mod 6 No Action 08/01/2008 6.100 3,259.69 12/01/2036 * * 641,250.00
641,250.00 03/01/2009 0.00 0.00 * Post Mod 0 No Action 04/01/2009 3.000 1,603.13 12/01/2036 * * 641,250.00
1 Current Values 1 No Action 03/01/2010 3.000 1,602.73 12/01/2036 N/A N/A 641,093.83
0011762107 08/19/2009 Pre Mod 6 No Action 12/01/2008 9.500 1,226.18 12/01/2036 * * 143,315.87
145,825.00 08/01/2009 * (16,577.92) * Post Mod (1) No Action 09/01/2009 9.500 1,371.74 12/01/2036 * * 159,656.63
1 Current Values 0 No Action 05/01/2010 9.500 1,371.74 12/01/2036 N/A N/A 159,268.09
0011762261 12/21/2009 Pre Mod 6 No Action 03/25/2009 8.150 1,786.19 01/01/2037 * * 234,048.67
240,000.00 11/01/2009 10,098.59 (10,908.61) * Post Mod (1) No Action 01/01/2010 2.000 956.90 09/01/2037 * * 244,255.62
1 Current Values 0 No Action 05/01/2010 2.000 956.90 09/01/2037 N/A N/A 241,497.41
0011762434 05/19/2009 Pre Mod 3 No Action 12/01/2008 12.250 278.74 12/01/2036 * * 26,396.16
26,600.00 05/01/2009 942.47 (18.41) 0.00 Post Mod 0 No Action 05/01/2009 8.000 197.89 12/01/2036 * * 26,392.65
1 Current Values 8 No Action 08/01/2009 8.000 197.89 12/01/2036 N/A N/A 26,304.01
0011763123 07/22/2008 Pre Mod * * * * * * * * *
284,960.00 07/03/2008 * (17,242.35) * Post Mod 5 Foreclosure 01/01/2008 8.610 2,213.35 * * * 298,780.15
0011763123 10/21/2009 Pre Mod 8 No Action 12/01/2008 8.610 2,229.32 12/01/2036 * * 321,282.62
284,960.00 10/01/2009 * 0.00 * Post Mod 0 No Action 10/01/2009 7.125 2,229.32 12/01/2036 * * 320,960.92
2 Current Values 6 Bankruptcy 10/01/2009 7.125 2,229.32 12/01/2036 N/A N/A 318,654.86
0011763127 08/20/2008 Pre Mod * * * * * * * * *
71,240.00 08/01/2008 * (3,385.26) * Post Mod (1) No Action 09/01/2008 10.125 631.77 * * * 73,944.46
0011763127 10/22/2008 Pre Mod * * * * * * * * *
71,240.00 09/01/2008 * (0.01) * Post Mod 0 No Action 10/01/2008 10.125 661.94 * * * 73,868.09
2 Current Values 5 Bankruptcy 11/01/2009 7.500 561.10 12/01/2036 N/A N/A 77,846.83

Page 86
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
0011763147 04/21/2010 Pre Mod 18 No Action 08/01/2008 11.990 530.37 11/01/2036 * * 45,735.46
51,600.00 04/01/2010 * 0.00 * Post Mod 0 No Action 04/01/2010 3.950 231.39 11/01/2036 * * 45,654.62
1 Current Values 0 No Action 04/01/2010 3.950 231.39 11/01/2036 N/A N/A 45,573.51
0011764198 01/21/2010 Pre Mod 10 No Action 01/01/2009 8.125 4,046.85 01/01/2037 * * 531,005.11
548,000.00 12/01/2009 46,271.02 (50,092.67) * Post Mod 11 No Action 01/01/2009 2.875 2,575.04 01/01/2037 * * 579,794.94
1 Current Values 3 No Action 01/01/2010 2.875 2,575.04 01/01/2037 N/A N/A 575,034.07
0011764220 12/20/2008 Pre Mod 2 No Action 08/01/2008 8.520 1,875.01 12/01/2036 * 12/01/2036 259,630.96
260,300.00 11/20/2008 * (125.10) * Post Mod 0 No Action 12/01/2008 7.520 1,673.31 12/01/2036 207,025.47 12/01/2036 259,709.77
1 Current Values 5 No Action 11/01/2009 7.520 1,673.31 12/01/2036 207,025.47 12/01/2036 267,874.95
0011765007 05/20/2009 Pre Mod 1 No Action 02/01/2009 11.125 4,397.22 12/01/2036 * * 465,343.35
460,750.00 05/01/2009 12,586.72 0.00 * Post Mod 0 No Action 05/01/2009 4.000 2,319.53 12/01/2036 * * 464,574.96
1 Current Values 8 No Action 08/01/2009 4.000 2,319.53 12/01/2036 N/A N/A 455,152.08
0011765472 05/19/2009 Pre Mod 2 No Action 01/01/2009 10.345 1,093.91 12/01/2036 * * 119,550.57
121,125.00 05/01/2009 4,127.86 (248.15) 0.00 Post Mod 3 No Action 01/01/2009 1.750 455.47 12/01/2036 * * 119,517.59
0011765472 06/23/2009 Pre Mod 3 No Action 01/01/2009 1.750 455.47 12/01/2036 * * 119,517.59
121,125.00 05/01/2009 4,127.86 0.00 3,928.09 Post Mod 0 No Action 06/01/2009 1.750 455.47 12/01/2036 * * 119,236.42
2 Current Values 0 No Action 05/01/2010 1.750 455.47 12/01/2036 N/A N/A 116,097.28
0011765574 01/20/2009 Pre Mod 0 No Action 11/01/2008 10.750 428.47 12/01/2036 * * 45,416.52
45,900.00 01/01/2009 * (972.11) * Post Mod 1 No Action 11/01/2008 10.750 437.34 12/01/2036 * * 46,358.15
1 Current Values 10 No Action 06/01/2009 10.750 437.34 12/01/2036 N/A N/A 46,176.52
0011765908 03/22/2010 Pre Mod 0 No Action 01/01/2010 7.970 2,057.83 12/01/2036 * 12/01/2036 302,330.71
304,000.00 01/01/2010 0.00 279.98 * Post Mod 1 No Action 01/01/2010 6.000 1,889.45 12/01/2036 * 12/01/2036 301,672.93
1 Current Values 0 No Action 05/01/2010 6.000 1,889.45 12/01/2036 * 12/01/2036 300,908.85
0011766478 06/23/2009 Pre Mod 8 No Action 09/01/2008 10.990 504.33 12/01/2036 * * 52,586.39
53,000.00 07/01/2009 4,305.05 0.00 1,096.85 Post Mod (1) No Action 08/01/2009 5.000 293.54 12/01/2036 * * 52,511.96
1 Current Values 0 No Action 05/01/2010 5.000 293.54 12/01/2036 N/A N/A 56,055.44
0011766595 04/21/2010 Pre Mod 7 No Action 07/01/2009 12.375 772.02 01/01/2037 * * 58,884.95
73,000.00 04/01/2010 0.00 0.00 * Post Mod 0 No Action 04/01/2010 3.950 296.87 01/01/2037 * * 58,781.91
1 Current Values 0 No Action 05/01/2010 3.950 296.87 01/01/2037 N/A N/A 58,678.53
0011766597 09/23/2008 Pre Mod * * * * * * * * *
292,000.00 09/11/2008 * (1,091.34) * Post Mod 9 Foreclosure 11/01/2007 7.720 1,969.21 * * * 291,162.59
0011766597 10/20/2008 Pre Mod * * * * * * * * *
292,000.00 09/13/2008 * 7.41 * Post Mod 0 No Action 10/01/2008 7.720 1,969.21 * * * 291,043.02
2 Current Values 10 No Action 06/01/2009 7.720 1,976.61 01/01/2037 * 01/01/2037 288,943.62
0011766957 04/20/2010 Pre Mod 14 Foreclosure 12/01/2008 8.270 2,381.10 12/01/2036 * * 307,398.40
316,000.00 01/01/2010 50,075.49 (52,014.81) * Post Mod 0 No Action 03/01/2010 2.000 1,416.50 09/01/2037 0.00 * 358,509.04
1 Current Values 0 No Action 05/01/2010 2.000 1,416.50 09/01/2037 N/A N/A 357,690.06

Page 87
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
0011767114 05/20/2009 Pre Mod 4 No Action 11/01/2008 10.990 810.74 12/01/2036 * * 84,323.31
85,200.00 05/01/2009 0.00 0.00 * Post Mod 0 No Action 05/01/2009 10.990 811.60 12/01/2036 * * 84,283.97
1 Current Values 2 No Action 02/01/2010 10.990 811.60 12/01/2036 N/A N/A 83,601.99
0011767116 05/20/2009 Pre Mod 4 Foreclosure 11/01/2008 9.500 2,714.68 12/01/2036 * 12/01/2036 339,389.75
340,800.00 05/01/2009 0.00 0.00 * Post Mod 0 No Action 05/01/2009 5.000 1,558.60 12/01/2056 * 12/01/2036 339,245.27
1 Current Values 0 No Action 05/01/2010 5.000 1,558.60 12/01/2056 * 12/01/2036 337,456.22
0011767575 05/20/2009 Pre Mod 7 No Action 08/01/2008 12.875 348.65 01/01/2037 * * 31,650.27
31,798.00 05/01/2009 0.00 0.00 * Post Mod 0 No Action 05/01/2009 1.750 120.05 01/01/2037 * * 31,576.38
1 Current Values 7 Bankruptcy 09/01/2009 1.750 120.05 01/01/2037 N/A N/A 31,174.38
0011767757 06/23/2009 Pre Mod 6 No Action 10/01/2008 9.750 3,885.98 12/01/2036 * 12/01/2036 473,566.21
476,000.00 05/01/2009 23,689.32 11.55 23,392.39 Post Mod 7 No Action 10/01/2008 2.000 1,286.28 12/01/2056 * 12/01/2036 473,057.66
1 Current Values 9 Foreclosure 07/01/2009 2.000 1,286.28 12/01/2056 * 12/01/2036 491,521.76
0011767762 05/19/2009 Pre Mod 4 No Action 11/01/2008 11.250 1,155.80 12/01/2036 * * 117,873.36
119,000.00 05/01/2009 6,631.75 (344.79) 0.00 Post Mod 5 No Action 11/01/2008 4.000 588.29 12/01/2036 * * 118,022.77
0011767762 06/23/2009 Pre Mod 5 No Action 11/01/2008 4.000 588.29 12/01/2036 * * 118,022.77
119,000.00 05/01/2009 6,631.75 195.53 3,514.32 Post Mod 0 No Action 06/01/2009 4.000 588.29 12/01/2036 * * 117,632.36
2 Current Values 5 No Action 11/01/2009 4.000 588.29 12/01/2036 N/A N/A 116,245.28
0011767984 02/24/2010 Pre Mod 3 No Action 09/01/2009 6.370 2,721.14 01/01/2037 * * 512,616.61
513,000.00 02/01/2010 14,401.88 (13,570.59) * Post Mod 4 No Action 09/01/2009 2.000 1,709.65 02/01/2046 0.00 * 526,187.20
1 Current Values (1) No Action 06/01/2010 2.000 1,709.65 02/01/2046 * 02/01/2046 523,685.02
0011768470 02/22/2010 Pre Mod 7 No Action 05/01/2009 9.200 1,291.86 01/01/2037 * 01/01/2037 177,167.21
164,350.00 02/01/2010 * 0.00 * Post Mod (1) No Action 03/01/2010 6.040 990.70 01/01/2037 96,308.69 01/01/2037 177,068.25
1 Current Values 0 No Action 05/01/2010 6.040 990.70 01/01/2037 96,308.69 01/01/2037 176,768.37
0011768591 05/20/2009 Pre Mod 1 No Action 02/01/2009 8.250 2,068.00 11/01/2036 * * 300,800.00
300,800.00 05/01/2009 0.00 0.00 * Post Mod 0 No Action 05/01/2009 4.000 1,002.67 11/01/2036 * * 300,800.00
1 Current Values 0 No Action 05/01/2010 4.000 1,002.67 11/01/2036 N/A N/A 300,800.00
0011768706 05/20/2009 Pre Mod 1 No Action 02/01/2009 9.990 659.38 11/01/2036 * * 74,236.66
75,200.00 05/01/2009 0.00 0.00 * Post Mod 0 No Action 05/01/2009 7.000 506.98 11/01/2036 * * 74,162.73
1 Current Values 0 No Action 05/01/2010 7.000 506.98 11/01/2036 N/A N/A 73,209.73
0011768885 02/24/2010 Pre Mod 24 No Action 12/01/2007 11.250 1,116.95 12/01/2036 * * 106,824.47
115,000.00 02/01/2010 0.00 0.00 35,436.93 Post Mod 0 No Action 02/01/2010 3.950 537.62 12/01/2036 * * 106,638.48
1 Current Values 0 No Action 05/01/2010 3.950 537.62 12/01/2036 N/A N/A 106,049.86
0011769195 05/20/2009 Pre Mod 7 No Action 09/01/2008 6.720 2,762.46 12/01/2036 * 12/01/2036 496,287.79
476,000.00 06/01/2009 * (408.71) * Post Mod 0 No Action 06/01/2009 2.000 1,349.17 12/12/2036 266,694.92 12/12/2036 496,174.48
1 Current Values 1 Bankruptcy 03/01/2010 2.000 1,349.17 12/01/2036 266,694.92 12/12/2036 490,329.08

Page 88
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
0011769198 05/20/2009 Pre Mod 6 No Action 09/01/2008 10.990 1,132.37 12/01/2036 * * 117,840.12
119,000.00 05/01/2009 * (8,896.57) * Post Mod 7 No Action 09/01/2008 10.990 1,132.37 12/01/2036 * * 126,683.54
0011769198 06/23/2009 Pre Mod 7 No Action 09/01/2008 10.990 1,132.37 12/01/2036 * * 126,683.54
119,000.00 06/01/2009 * 0.00 * Post Mod 0 No Action 06/01/2009 2.000 498.27 12/12/2036 * * 126,396.41
2 Current Values 0 Bankruptcy 05/01/2010 2.000 498.27 12/01/2036 N/A N/A 123,172.78
0011770196 12/18/2008 Pre Mod 4 No Action 06/01/2008 7.020 2,498.64 12/01/2036 * * 427,118.05
427,500.00 10/01/2008 * (10,040.70) * Post Mod 4 No Action 07/01/2008 7.020 2,557.38 12/01/2036 * * 437,158.75
0011770196 05/20/2009 Pre Mod 0 No Action 03/01/2009 7.020 2,557.38 12/01/2036 * * 437,158.75
427,500.00 03/01/2009 * (7,807.14) * Post Mod 1 No Action 03/01/2009 4.750 1,761.32 12/01/2036 * * 444,965.89
2 Current Values 1 No Action 03/01/2010 5.000 1,839.06 12/01/2036 N/A N/A 441,375.28
0011770250 02/24/2010 Pre Mod 16 No Action 08/01/2008 11.500 277.28 01/01/2037 * * 24,428.70
28,000.00 02/01/2010 0.00 0.00 8,173.54 Post Mod 0 No Action 02/01/2010 3.950 122.73 01/01/2037 * * 24,386.38
1 Current Values 2 No Action 02/01/2010 3.950 122.73 01/01/2037 N/A N/A 24,301.32
0011770255 05/20/2009 Pre Mod 9 Foreclosure 06/01/2008 9.000 3,579.21 12/01/2036 * * 441,258.41
448,000.00 05/01/2009 0.00 0.00 * Post Mod 0 No Action 05/01/2009 3.000 1,957.67 12/01/2036 * * 440,403.89
1 Current Values 0 No Action 04/01/2010 3.000 1,957.67 12/01/2036 N/A N/A 429,981.44
0011771442 02/24/2010 Pre Mod 1 No Action 11/01/2009 7.090 1,180.60 12/01/2036 * 12/01/2036 184,896.51
188,000.00 01/01/2010 3,657.94 (3,660.30) * Post Mod 0 No Action 02/01/2010 2.000 491.01 12/01/2049 0.00 12/01/2036 188,373.96
1 Current Values (1) No Action 06/01/2010 2.000 491.01 12/01/2049 * 12/01/2049 187,684.40
0011771826 02/24/2010 Pre Mod 13 No Action 11/01/2008 10.875 528.02 01/01/2037 * * 46,966.90
56,000.00 02/01/2010 0.00 0.00 15,797.82 Post Mod 0 No Action 02/01/2010 3.950 235.96 01/01/2037 * * 46,885.54
1 Current Values 0 No Action 05/01/2010 3.950 235.96 01/01/2037 N/A N/A 46,639.84
0011772575 05/19/2009 Pre Mod 1 No Action 02/01/2009 9.625 547.56 12/01/2036 * * 63,455.27
64,800.00 05/01/2009 1,528.73 (114.67) 0.00 Post Mod 0 No Action 05/01/2009 7.625 460.10 12/01/2036 * * 63,513.05
1 Current Values 0 No Action 04/01/2010 7.625 460.10 12/01/2036 N/A N/A 62,767.87
0011772653 06/22/2009 Pre Mod 2 No Action 02/01/2009 10.625 2,393.01 12/01/2036 * 12/01/2036 265,197.35
268,000.00 05/01/2009 * (7,339.28) * Post Mod 0 No Action 05/01/2009 4.250 965.23 12/01/2036 * 12/01/2036 272,536.63
1 Current Values 0 No Action 05/01/2010 4.500 1,021.86 12/01/2036 * 12/01/2036 272,497.09
0011772690 05/20/2009 Pre Mod 5 No Action 10/01/2008 11.250 1,220.15 12/01/2036 * * 124,624.11
125,625.00 05/01/2009 0.00 0.00 * Post Mod 0 No Action 05/01/2009 11.000 1,200.41 12/01/2036 * * 124,566.09
0011772690 04/21/2010 Pre Mod 2 No Action 12/01/2009 11.000 1,200.41 12/01/2036 * * 128,118.12
125,625.00 04/01/2010 4,825.05 0.00 * Post Mod 0 No Action 04/01/2010 3.950 647.04 12/01/2036 * * 127,892.80
2 Current Values 0 No Action 05/01/2010 3.950 647.04 12/01/2036 N/A N/A 127,666.74
0011772786 03/21/2008 Pre Mod * * * * * * * * *
195,920.00 01/31/2008 * (11,136.92) * Post Mod 7 No Action 07/01/2007 8.325 1,519.97 * * * 206,142.89
1 Current Values INACTIVE

Page 89
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
0011773097 06/22/2009 Pre Mod 7 No Action 09/01/2008 8.375 2,060.30 12/01/2036 * 12/01/2036 289,641.98
291,200.00 06/01/2009 * (33,990.79) * Post Mod 0 No Action 06/01/2009 8.375 2,300.40 12/01/2036 267,517.26 12/01/2036 323,353.83
1 Current Values 10 Foreclosure 06/01/2009 7.375 2,050.36 12/01/2036 267,517.26 12/01/2036 322,759.66
0011773208 04/20/2009 Pre Mod 13 Foreclosure 01/01/2008 9.500 1,690.94 12/01/2036 * * 213,591.99
213,592.00 03/21/2009 0.00 0.00 * Post Mod (1) No Action 05/01/2009 3.750 667.47 12/01/2036 * * 213,591.99
1 Current Values 9 Foreclosure 07/01/2009 3.750 667.47 12/01/2036 N/A N/A 213,591.99
0011773586 05/20/2009 Pre Mod (1) Loss Mitigation 06/01/2009 10.625 1,155.12 12/01/2036 * * 148,076.93
125,000.00 06/01/2009 * 0.00 * Post Mod 0 Loss Mitigation 06/01/2009 10.625 1,386.01 12/01/2036 * * 148,002.02
1 Current Values 7 No Action 09/01/2009 10.625 1,386.01 12/01/2036 N/A N/A 147,690.86
0011773814 08/20/2008 Pre Mod * * * * * * * * *
424,000.00 08/01/2008 * (13,152.46) * Post Mod 4 No Action 03/01/2008 8.010 2,972.53 * * * 435,928.06
1 Current Values 19 Foreclosure 09/01/2008 8.010 2,972.53 12/01/2036 * 12/01/2036 434,519.43
0011774055 06/23/2009 Pre Mod 4 No Action 01/01/2009 8.400 1,201.28 01/01/2037 * 01/01/2037 168,545.52
169,000.00 07/01/2009 6,664.43 0.00 4,608.21 Post Mod (1) No Action 08/01/2009 5.500 833.74 01/01/2057 * 01/01/2037 168,484.28
0011774055 02/24/2010 Pre Mod 0 No Action 01/01/2010 5.423 833.74 01/01/2057 * 01/01/2037 176,647.10
169,000.00 12/01/2009 1,876.39 30.11 0.00 Post Mod 0 No Action 01/01/2010 5.423 833.74 01/01/2057 * 01/01/2037 176,581.55
2 Current Values 0 No Action 04/01/2010 5.423 833.74 01/01/2057 * 01/01/2037 176,383.12
0011774683 06/24/2009 Pre Mod 0 No Action 06/01/2009 7.000 1,303.40 01/01/2037 * * 191,418.02
192,000.00 07/01/2009 3,349.82 0.00 3,110.54 Post Mod 0 No Action 07/01/2009 3.000 850.06 01/01/2037 * * 191,046.51
1 Current Values 3 Bankruptcy 01/01/2010 7.000 1,277.38 01/01/2037 N/A N/A 191,431.16
0011774685 06/23/2009 Pre Mod 1 No Action 03/01/2009 9.990 420.88 01/01/2037 * * 47,411.28
48,000.00 06/01/2009 1,183.44 0.00 749.69 Post Mod (1) No Action 07/01/2009 7.000 323.46 01/01/2037 * * 47,277.51
1 Current Values 1 Bankruptcy 03/01/2010 7.000 323.46 01/01/2037 N/A N/A 46,737.52
0011774791 05/20/2009 Pre Mod 0 No Action 04/01/2009 9.595 404.15 01/01/2037 * * 46,981.54
48,000.00 04/01/2009 0.00 0.00 * Post Mod 0 No Action 05/01/2009 9.595 404.15 01/01/2037 * * 46,953.05
1 Current Values 0 No Action 05/01/2010 9.595 403.36 01/01/2037 N/A N/A 46,501.71
0011775267 01/21/2010 Pre Mod 8 No Action 03/01/2009 9.125 2,279.39 12/01/2036 * 12/01/2036 289,378.98
292,000.00 01/01/2010 25,408.21 (25,800.25) * Post Mod 0 No Action 01/01/2010 2.000 648.91 12/01/2049 * 12/01/2036 315,012.62
1 Current Values 0 No Action 05/01/2010 2.000 648.91 12/01/2049 * 12/01/2036 313,840.70
0011775271 05/20/2009 Pre Mod 2 No Action 01/01/2009 10.125 1,721.25 01/01/2037 * * 203,999.99
204,000.00 05/01/2009 0.00 425.10 * Post Mod 0 No Action 05/01/2009 2.500 850.10 01/01/2037 * * 203,384.96
1 Current Values 0 No Action 05/01/2010 2.500 850.10 01/01/2037 N/A N/A 198,209.35
0011775273 08/20/2009 Pre Mod 4 No Action 02/01/2009 12.625 549.25 01/01/2037 * * 50,638.37
51,000.00 08/01/2009 3,383.20 (3,470.19) 0.00 Post Mod 5 No Action 02/01/2009 5.000 281.66 01/01/2037 776.10 01/01/2037 54,037.89
1 Current Values 0 No Action 05/01/2010 5.000 281.66 01/01/2037 776.10 01/01/2037 53,328.51

Page 90
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
0011775571 08/21/2008 Pre Mod * * * * * * * * *
412,000.00 07/01/2008 * (340.33) * Post Mod 3 No Action 04/01/2008 6.000 2,172.31 * * * 410,503.96
1 Current Values INACTIVE
0011775573 08/20/2008 Pre Mod * * * * * * * * *
103,000.00 07/01/2008 * (181.19) * Post Mod 3 No Action 04/01/2008 10.750 962.78 * * * 102,338.80
1 Current Values 17 No Action 11/01/2008 10.750 962.78 01/01/2037 N/A N/A 102,104.67
0011775724 02/24/2010 Pre Mod (1) No Action 02/01/2010 10.750 429.40 01/01/2037 * * 46,277.81
46,000.00 02/01/2010 1,730.90 0.00 120.43 Post Mod 0 No Action 02/01/2010 3.950 232.50 01/01/2037 * * 46,197.64
1 Current Values 0 No Action 05/01/2010 3.950 232.50 01/01/2037 N/A N/A 45,934.29
0011776048 03/22/2010 Pre Mod 13 Foreclosure 12/01/2008 7.250 2,078.58 12/01/2036 * 12/01/2036 320,033.29
324,716.00 01/01/2010 47,328.54 (48,413.97) * Post Mod 14 Foreclosure 12/01/2008 2.000 677.39 01/01/2050 * 12/01/2036 368,303.26
1 Current Values 0 No Action 05/01/2010 2.000 677.39 01/01/2050 * 12/01/2036 367,691.59
0011776537 02/24/2010 Pre Mod (1) No Action 02/01/2010 9.990 302.98 01/01/2037 * * 35,185.52
34,554.00 02/01/2010 1,520.69 (0.02) 0.00 Post Mod (1) No Action 03/01/2010 3.950 176.77 01/01/2037 * * 35,118.80
1 Current Values (1) No Action 06/01/2010 3.950 176.77 01/01/2037 N/A N/A 34,934.69
0011776736 01/21/2010 Pre Mod 7 No Action 04/01/2009 6.595 2,487.40 12/01/2036 * 12/01/2036 412,889.87
420,000.00 01/10/2010 20,750.00 (22,380.57) * Post Mod 7 No Action 05/01/2009 2.000 615.31 12/01/2049 * 12/01/2036 435,343.28
1 Current Values 0 No Action 05/10/2010 2.000 615.31 12/01/2049 * 12/01/2036 434,189.11
0011777048 02/24/2010 Pre Mod 2 No Action 10/01/2009 8.450 1,105.14 11/01/2036 * 11/01/2036 149,884.12
152,000.00 01/01/2010 4,799.24 (4,731.16) * Post Mod 3 No Action 10/01/2009 4.250 805.59 11/01/2036 0.00 11/01/2036 154,340.53
1 Current Values (1) No Action 06/01/2010 4.250 805.59 11/01/2036 * 11/01/2036 153,560.88
0011777059 02/24/2010 Pre Mod 0 No Action 01/01/2010 10.375 147.18 12/01/2036 * * 16,075.40
16,200.00 02/01/2010 597.50 (0.01) 0.00 Post Mod (1) No Action 03/01/2010 3.950 82.71 12/01/2036 * * 16,045.61
1 Current Values 0 No Action 04/01/2010 3.950 82.71 12/01/2036 N/A N/A 15,952.72
0011777099 04/20/2010 Pre Mod 9 No Action 05/01/2009 10.695 1,120.59 01/01/2037 * 01/01/2037 123,474.37
124,110.00 01/01/2010 10,995.93 63,448.83 * Post Mod 0 No Action 04/01/2010 2.000 182.58 01/01/2050 0.00 01/01/2037 60,048.74
1 Current Values 0 No Action 05/01/2010 2.000 182.58 01/01/2050 N/A N/A 59,957.12
0011777389 11/23/2009 Pre Mod 3 Bankruptcy 06/01/2009 10.125 638.51 01/01/2037 * * 70,985.64
72,000.00 11/01/2009 0.00 (3,697.58) * Post Mod 0 No Action 11/01/2009 10.125 640.67 01/01/2037 * * 74,641.49
1 Current Values 0 No Action 05/01/2010 10.125 640.67 01/01/2037 N/A N/A 73,880.33
0011777496 09/22/2008 Pre Mod * * * * * * * * *
240,000.00 09/01/2008 * (8,166.54) * Post Mod 3 No Action 05/01/2008 7.760 1,552.00 * * * 248,166.14
1 Current Values 17 No Action 11/01/2008 7.760 1,604.81 12/01/2036 N/A N/A 248,166.14
0011777497 09/22/2008 Pre Mod * * * * * * * * *
60,000.00 09/01/2008 * (2,597.78) * Post Mod 3 No Action 05/01/2008 11.750 630.88 * * * 62,151.66
1 Current Values 17 No Action 11/01/2008 11.750 630.88 12/01/2021 * 12/01/2021 62,084.06

Page 91
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
0011777668 07/23/2009 Pre Mod * * * * * * * * *
76,000.00 07/01/2009 * (76,207.00) * Post Mod 0 Loan Paid in Full 07/01/2009 4.500 400.82 * * * 75,806.19
1 Current Values 9 No Action 07/01/2009 4.500 400.82 01/01/2037 N/A N/A 93,998.95
0011777678 09/24/2009 Pre Mod 0 No Action 08/01/2009 5.800 2,138.75 01/01/2037 * * 442,499.96
442,500.00 09/01/2009 2,138.75 (2,138.75) 0.00 Post Mod 0 No Action 08/01/2009 2.625 967.97 01/01/2037 * * 444,638.71
1 Current Values 0 No Action 05/01/2010 2.625 972.65 01/01/2037 N/A N/A 444,637.86
0011778080 02/24/2010 Pre Mod 18 Foreclosure 06/01/2008 7.600 2,901.53 01/01/2037 * 01/01/2037 445,116.64
448,000.00 02/01/2010 81,999.89 (83,114.12) * Post Mod 19 Foreclosure 06/01/2008 2.000 801.50 01/01/1950 0.00 01/01/2037 528,171.12
1 Current Values 0 No Action 05/01/2010 2.000 880.29 01/01/1950 N/A N/A 527,086.39
0011778115 05/20/2009 Pre Mod 10 Foreclosure 05/01/2008 9.625 2,645.03 12/01/2036 * 12/01/2036 322,139.24
324,000.00 05/01/2009 0.00 0.00 * Post Mod 0 No Action 05/01/2009 2.000 1,015.10 12/01/2046 * 12/01/2036 321,661.04
1 Current Values 5 Foreclosure 11/01/2009 2.000 1,015.10 12/01/2046 * 12/01/2036 315,609.92
0011778309 04/20/2009 Pre Mod 6 No Action 08/01/2008 12.625 319.86 01/01/2037 * * 29,518.09
29,700.00 03/19/2009 0.00 (36.47) * Post Mod 0 No Action 04/01/2009 7.000 201.24 01/01/2037 * * 29,525.51
1 Current Values 1 No Action 03/01/2010 7.000 201.24 01/01/2037 N/A N/A 29,058.85
0011778517 02/24/2010 Pre Mod 4 No Action 09/01/2009 9.990 156.08 01/01/2037 * * 18,341.97
17,800.00 03/01/2010 977.85 0.00 * Post Mod 0 No Action 03/01/2010 6.723 123.00 01/01/2037 * * 18,321.73
1 Current Values 0 No Action 05/01/2010 6.723 123.00 01/01/2037 N/A N/A 18,280.91
0011778911 05/20/2009 Pre Mod 2 No Action 01/01/2009 8.125 2,917.75 12/01/2036 * 12/01/2036 410,466.82
414,670.00 05/01/2009 * (11,686.00) * Post Mod 3 No Action 01/01/2009 5.500 1,934.87 12/01/2036 * 12/01/2036 422,152.82
1 Current Values 0 No Action 05/01/2010 5.875 2,065.37 12/01/2036 * 12/01/2036 440,912.61
0011778912 04/21/2009 Pre Mod (1) No Action 05/01/2009 12.375 1,096.33 12/01/2036 * * 106,065.00
103,665.00 05/01/2009 * 0.00 * Post Mod (1) No Action 06/01/2009 12.375 1,131.32 12/01/2036 * * 106,027.48
1 Current Values 0 No Action 04/01/2010 12.375 1,131.32 12/01/2036 N/A N/A 105,423.52
0011779430 04/21/2010 Pre Mod 3 No Action 11/01/2009 11.875 456.51 01/01/2037 * * 46,313.41
44,800.00 04/01/2010 2,363.80 0.00 * Post Mod 0 No Action 04/01/2010 3.950 233.49 01/01/2037 * * 46,232.37
1 Current Values 0 No Action 05/01/2010 3.950 233.49 01/01/2037 N/A N/A 46,151.06
0011779458 02/24/2010 Pre Mod 4 No Action 08/01/2009 8.385 1,477.69 12/01/2036 * 12/01/2036 201,802.93
204,000.00 01/01/2010 9,321.94 (9,331.13) * Post Mod 5 No Action 08/01/2009 2.000 754.68 12/01/2046 0.00 12/01/2036 210,715.72
1 Current Values 0 No Action 05/01/2010 2.000 754.68 12/01/2046 * 12/01/2046 209,503.24
0011779666 03/22/2010 Pre Mod 8 Foreclosure 05/01/2009 6.025 2,955.73 01/01/2037 * 01/01/2037 524,670.60
535,500.00 01/01/2010 29,509.18 (33,207.94) * Post Mod 8 Foreclosure 06/01/2009 2.000 836.25 01/01/2050 * 01/01/2037 557,916.74
1 Current Values 0 No Action 05/01/2010 2.000 930.86 01/01/2050 * 01/01/2037 558,001.81
0011779848 08/20/2008 Pre Mod * * * * * * * * *
269,600.00 08/01/2008 * (12,947.55) * Post Mod (1) No Action 09/01/2008 5.900 1,399.30 * * * 281,001.22
1 Current Values 17 Foreclosure 11/01/2008 6.625 1,619.25 12/01/2036 * 12/01/2036 279,786.26

Page 92
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
0011779952 04/22/2010 Pre Mod 1 No Action 01/01/2010 6.745 1,493.55 01/01/2037 * * 221,926.16
230,400.00 03/01/2010 * (8,738.55) * Post Mod 2 No Action 01/01/2010 3.000 1,043.70 01/01/2037 * * 230,175.83
1 Current Values 0 No Action 05/01/2010 3.000 1,043.70 01/01/2037 N/A N/A 229,707.57
0011779978 11/19/2008 Pre Mod 4 Foreclosure 05/01/2008 5.390 3,212.58 01/01/2037 * * 715,839.20
716,000.00 10/20/2008 * 608.50 * Post Mod 0 No Action 11/01/2008 5.390 3,212.58 01/01/2037 * * 715,230.70
1 Current Values 9 No Action 07/01/2009 5.390 3,212.58 01/01/2037 N/A N/A 715,230.70
0011780623 01/21/2009 Pre Mod 1 No Action 10/01/2008 7.000 2,046.35 01/01/2037 * 01/01/2037 338,490.39
339,764.00 12/29/2008 * (23.88) * Post Mod 0 No Action 01/01/2009 7.000 2,046.35 01/01/2037 * 01/01/2037 338,442.45
1 Current Values 4 No Action 12/01/2009 7.000 2,046.35 01/01/2037 * 01/01/2037 337,229.06
0011780899 04/21/2010 Pre Mod 19 No Action 07/01/2008 11.250 1,116.95 12/01/2036 * * 101,973.64
115,000.00 04/01/2010 0.00 0.00 * Post Mod 0 No Action 04/01/2010 3.950 515.00 12/01/2036 * * 101,794.30
1 Current Values 0 No Action 04/01/2010 3.950 515.00 12/01/2036 N/A N/A 101,614.37
0011780907 05/19/2009 Pre Mod 3 No Action 12/01/2008 8.625 1,647.17 01/01/2037 * 01/01/2037 225,387.95
226,400.00 05/01/2009 7,485.92 (164.42) 0.00 Post Mod 0 No Action 05/01/2009 3.000 741.10 01/01/2057 * 01/01/2037 225,244.67
1 Current Values 8 No Action 08/01/2009 3.000 741.10 01/01/2057 * 01/01/2037 223,075.14
0011780908 06/23/2009 Pre Mod 3 No Action 01/01/2009 11.500 560.50 01/01/2037 * * 56,137.15
56,600.00 05/01/2009 2,093.23 55.48 2,002.23 Post Mod 0 No Action 06/01/2009 7.000 382.62 01/01/2037 * * 55,988.03
1 Current Values 7 No Action 09/01/2009 7.000 382.62 01/01/2037 N/A N/A 55,770.74
0011781029 06/24/2009 Pre Mod 10 No Action 06/01/2008 12.375 222.09 01/01/2037 * * 20,864.27
21,000.00 05/01/2009 2,367.52 (2,440.60) 10.00 Post Mod 0 No Action 05/01/2009 12.375 248.13 01/01/2037 * * 23,271.90
1 Current Values 11 No Action 05/01/2009 12.375 248.13 01/01/2037 N/A N/A 23,271.90
0011781097 01/21/2009 Pre Mod 6 No Action 05/01/2008 8.875 1,947.22 12/01/2036 * 12/01/2036 326,335.25
328,000.00 10/01/2008 * (565.38) * Post Mod (1) No Action 02/01/2009 6.000 1,732.43 12/01/2036 240,245.70 12/01/2036 326,799.88
1 Current Values 12 Foreclosure 04/01/2009 6.000 1,732.43 12/01/2036 240,245.70 12/01/2036 325,164.54
0011781161 04/20/2009 Pre Mod 6 Foreclosure 08/01/2008 8.500 1,370.12 01/01/2037 * 01/01/2037 190,063.88
191,200.00 03/23/2009 0.00 (333.40) * Post Mod 0 No Action 04/01/2009 2.460 564.57 01/01/2057 * 01/01/2037 190,222.34
1 Current Values 1 No Action 03/01/2010 2.460 564.57 01/01/2057 * 01/01/2037 187,811.47
0011781166 04/21/2010 Pre Mod 18 No Action 08/01/2008 9.250 393.24 01/01/2037 * * 40,708.21
47,800.00 04/01/2010 0.00 0.00 * Post Mod 0 No Action 04/01/2010 3.950 205.23 01/01/2037 * * 40,636.98
1 Current Values 0 No Action 05/01/2010 3.950 205.23 01/01/2037 N/A N/A 40,565.51
0011781408 06/23/2009 Pre Mod 7 No Action 09/01/2008 12.250 333.23 01/01/2037 * * 31,588.96
31,800.00 06/01/2009 2,901.21 (31.81) 2,782.79 Post Mod 0 No Action 06/01/2009 7.000 215.73 01/01/2037 * * 31,589.31
1 Current Values 0 No Action 05/01/2010 7.000 215.73 01/01/2037 N/A N/A 31,146.22
0011781555 05/19/2009 Pre Mod 1 No Action 02/01/2009 8.125 3,385.42 01/01/2037 * * 500,000.00
500,000.00 05/01/2009 8,156.26 964.00 0.00 Post Mod (1) No Action 06/01/2009 3.000 2,214.00 01/01/2037 * * 499,036.00
1 Current Values 0 No Action 05/01/2010 3.000 2,214.00 01/01/2037 N/A N/A 487,241.46

Page 93
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
0011782122 02/24/2010 Pre Mod 11 Foreclosure 01/01/2009 7.970 1,794.98 01/01/2037 * 01/01/2037 255,960.40
258,960.00 02/01/2010 24,753.50 (25,936.65) * Post Mod 12 No Action 01/01/2009 2.000 1,118.74 04/01/2037 0.00 01/01/2037 281,204.91
1 Current Values 0 No Action 04/01/2010 2.000 1,118.74 04/01/2037 * 04/01/2037 279,251.46
0011782148 02/24/2010 Pre Mod (1) No Action 02/01/2010 11.990 1,325.92 01/01/2037 * * 104,063.94
129,000.00 02/01/2010 0.00 0.00 34,715.72 Post Mod 0 No Action 02/01/2010 3.950 522.82 01/01/2037 * * 103,883.66
1 Current Values 0 No Action 05/01/2010 3.950 522.82 01/01/2037 N/A N/A 103,339.23
0011782150 03/22/2010 Pre Mod 11 Foreclosure 02/01/2009 7.990 3,788.95 01/01/2037 * * 502,337.08
516,000.00 01/01/2010 48,677.57 (52,359.79) * Post Mod 0 No Action 03/01/2010 2.000 1,997.84 03/01/2041 * * 553,536.26
1 Current Values 0 No Action 05/01/2010 2.000 1,997.84 03/01/2041 N/A N/A 551,383.91
0011782268 04/20/2010 Pre Mod 9 No Action 05/01/2009 7.625 2,737.72 01/01/2037 * 01/01/2037 404,645.56
411,280.00 02/01/2010 28,138.63 (28,613.62) * Post Mod 0 No Action 03/01/2010 2.125 1,766.35 01/01/2037 0.00 01/01/2037 432,209.39
1 Current Values 0 No Action 05/01/2010 2.125 1,766.35 01/01/2037 N/A N/A 431,208.41
0011782634 02/24/2010 Pre Mod 16 No Action 08/01/2008 10.875 1,074.71 01/01/2037 * * 98,187.06
113,980.00 02/01/2010 0.00 0.00 32,809.56 Post Mod 0 No Action 02/01/2010 3.950 493.29 01/01/2037 * * 98,016.97
1 Current Values 0 No Action 05/01/2010 3.950 493.29 01/01/2037 N/A N/A 97,503.33
0011783054 12/20/2008 Pre Mod 6 Foreclosure 04/01/2008 6.970 1,525.56 01/01/2037 * * 225,563.28
230,000.00 11/01/2008 * (1,688.21) * Post Mod 0 No Action 12/01/2008 6.500 1,467.22 01/01/2037 * * 227,006.07
1 Current Values 16 Foreclosure 12/01/2008 6.500 1,467.22 01/01/2037 N/A N/A 222,786.95
0011783112 02/24/2010 Pre Mod 11 No Action 01/01/2009 11.250 592.37 01/01/2037 * * 50,335.99
60,990.00 02/01/2010 0.00 0.00 16,864.30 Post Mod 0 No Action 02/01/2010 3.950 252.89 01/01/2037 * * 50,248.79
1 Current Values 0 No Action 05/01/2010 3.950 252.89 01/01/2037 N/A N/A 49,985.46
0011783167 11/20/2008 Pre Mod 3 No Action 06/01/2008 9.350 788.02 01/01/2037 * * 95,530.75
94,950.00 11/01/2008 * 0.00 * Post Mod 0 No Action 11/01/2008 7.000 648.03 01/01/2037 * * 95,439.98
1 Current Values 13 Bankruptcy 03/01/2009 7.000 648.03 01/01/2037 N/A N/A 93,712.55
0011783205 06/23/2009 Pre Mod 3 No Action 01/01/2009 8.625 4,182.00 01/01/2037 * 01/01/2037 558,991.90
564,000.00 06/01/2009 19,747.23 (842.31) 18,580.77 Post Mod 0 No Action 06/01/2009 1.750 1,692.17 01/01/2047 * 01/01/2037 558,957.24
1 Current Values 9 Foreclosure 07/01/2009 1.750 1,692.17 01/01/2047 * 01/01/2037 549,239.32
0011783206 06/23/2009 Pre Mod 3 No Action 01/01/2009 11.500 1,396.31 01/01/2037 * * 139,733.93
141,000.00 06/01/2009 6,695.57 (113.09) 6,404.46 Post Mod 0 No Action 06/01/2009 3.500 658.14 01/01/2037 * * 139,596.44
1 Current Values 10 No Action 06/01/2009 3.500 658.14 01/01/2037 N/A N/A 139,345.46
0011783332 04/21/2010 Pre Mod 9 No Action 05/01/2009 11.250 699.31 12/01/2036 * * 58,210.38
72,000.00 04/01/2010 * 0.00 * Post Mod 0 No Action 04/01/2010 3.950 293.98 12/01/2036 * * 58,108.01
1 Current Values 0 No Action 05/01/2010 3.950 293.98 12/01/2036 N/A N/A 58,005.30
0011783641 06/23/2009 Pre Mod 10 No Action 06/01/2008 11.000 693.29 12/01/2036 * * 72,170.48
72,800.00 06/01/2009 * (8,316.73) * Post Mod 0 No Action 06/01/2009 11.000 774.91 12/01/2036 * * 80,373.86
1 Current Values 10 No Action 06/01/2009 11.000 774.91 12/01/2036 N/A N/A 80,335.71

Page 94
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
0011783776 05/20/2009 Pre Mod 6 No Action 09/01/2008 9.625 3,775.29 01/01/2037 * 01/01/2037 466,411.46
468,000.00 05/01/2009 0.00 0.00 * Post Mod 0 No Action 05/01/2009 4.000 1,825.95 01/01/2057 * 01/01/2037 466,140.21
1 Current Values 7 No Action 09/01/2009 4.000 1,825.95 01/01/2057 * 01/01/2037 462,732.14
0011783862 01/21/2010 Pre Mod 6 No Action 05/01/2009 7.250 2,558.16 01/01/2037 * * 363,399.56
375,000.00 01/01/2010 15,429.02 (17,848.01) * Post Mod 0 No Action 01/01/2010 2.000 993.08 12/01/2049 * * 380,860.16
1 Current Values 0 No Action 05/01/2010 2.000 993.08 12/01/2049 N/A N/A 379,047.07
0011783966 08/19/2008 Pre Mod * * * * * * * * *
61,400.00 07/01/2008 * (5,958.06) * Post Mod 0 No Action 08/01/2008 10.250 604.27 * * * 66,644.05
1 Current Values 19 No Action 09/01/2008 10.250 604.27 01/01/2037 N/A N/A 66,538.09
0011784116 03/19/2009 Pre Mod 0 No Action 01/01/2009 6.175 1,255.90 01/01/2037 * * 198,257.84
205,600.00 03/01/2009 0.00 (470.31) 0.00 Post Mod 0 No Action 03/01/2009 6.000 1,223.81 01/01/2037 * * 198,459.25
1 Current Values 0 No Action 04/01/2010 6.000 1,223.81 01/01/2037 N/A N/A 193,928.95
0011784134 02/20/2009 Pre Mod 0 No Action 01/01/2009 8.990 413.21 01/01/2037 * * 34,551.11
51,400.00 03/01/2009 * 0.00 * Post Mod 0 No Action 03/01/2009 6.500 223.78 01/01/2037 * * 34,514.48
1 Current Values 0 No Action 04/01/2010 6.500 223.78 01/01/2037 N/A N/A 27,812.86
0011784562 05/20/2009 Pre Mod 0 No Action 03/01/2009 6.550 2,400.71 01/01/2037 * * 439,825.20
440,000.00 05/01/2009 * 0.01 * Post Mod 1 No Action 03/01/2009 2.000 1,722.12 01/01/2037 * * 438,836.11
0011784562 06/23/2009 Pre Mod 1 No Action 03/01/2009 2.000 1,722.12 01/01/2037 * * 438,836.11
440,000.00 05/01/2009 4,801.42 0.00 4,434.90 Post Mod (1) No Action 07/01/2009 2.000 1,722.12 01/01/2037 * * 437,845.38
2 Current Values 0 No Action 05/01/2010 2.000 1,722.12 01/01/2037 N/A N/A 426,058.45
0011784590 04/21/2010 Pre Mod 11 No Action 03/01/2009 9.625 751.39 12/01/2036 * * 71,905.12
88,400.00 04/01/2010 0.00 0.00 * Post Mod 0 No Action 04/01/2010 3.950 363.15 12/01/2036 * * 71,778.66
1 Current Values 0 No Action 05/01/2010 3.950 363.15 12/01/2036 N/A N/A 71,651.78
0011785832 07/23/2009 Pre Mod 24 Foreclosure 05/01/2007 10.625 2,703.17 01/01/2037 * 01/01/2037 303,310.47
304,000.00 07/01/2009 49,885.80 (50,507.14) 0.00 Post Mod 0 No Action 07/01/2009 2.500 910.70 01/01/2057 * 01/01/2037 353,538.81
1 Current Values 9 Foreclosure 07/01/2009 2.500 910.70 01/01/2057 * 01/01/2037 368,057.75
0011786363 02/24/2010 Pre Mod 5 No Action 07/01/2009 6.170 2,466.71 01/01/2037 * * 479,750.00
479,750.00 01/01/2010 25,422.20 (24,241.53) * Post Mod 0 No Action 02/01/2010 2.000 1,311.85 12/01/2049 0.00 * 503,958.84
1 Current Values 0 No Action 05/01/2010 2.000 1,311.85 12/01/2049 * 12/01/2049 502,180.29
0011786421 03/22/2010 Pre Mod 10 Foreclosure 03/01/2009 7.000 3,331.76 01/01/2037 * * 483,892.87
500,000.00 01/01/2010 44,729.08 (48,382.01) * Post Mod 11 Foreclosure 03/01/2009 4.875 2,963.05 01/01/2037 * * 531,277.64
1 Current Values 0 No Action 04/01/2010 4.875 2,963.05 01/01/2037 N/A N/A 529,664.91
0011786719 04/20/2009 Pre Mod 3 No Action 11/01/2008 9.125 3,021.73 01/01/2037 * 01/01/2037 384,627.57
388,000.00 03/18/2009 0.00 (612.69) * Post Mod 0 No Action 04/01/2009 5.000 1,891.56 01/01/2047 * 01/01/2037 384,951.31
1 Current Values 7 Foreclosure 09/01/2009 5.000 1,891.56 01/01/2047 * 01/01/2037 380,984.13

Page 95
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
0011787127 05/20/2009 Pre Mod 3 No Action 12/01/2008 10.625 667.20 01/01/2037 * * 71,509.11
72,200.00 05/01/2009 0.00 (0.01) * Post Mod 0 No Action 05/01/2009 1.750 271.24 01/01/2037 * * 71,335.15
1 Current Values 5 No Action 11/01/2009 1.750 271.24 01/01/2037 N/A N/A 69,822.36
0011787821 02/24/2010 Pre Mod 1 No Action 11/01/2009 9.990 233.24 12/01/2036 * * 26,935.17
26,600.00 02/01/2010 958.32 0.00 0.00 Post Mod (1) No Action 03/01/2010 3.950 136.08 12/01/2036 * * 26,887.75
1 Current Values 0 No Action 05/01/2010 3.950 136.08 12/01/2036 N/A N/A 26,744.20
0011788446 01/21/2009 Pre Mod 6 No Action 05/01/2008 6.950 1,956.51 01/01/2037 * 01/01/2037 325,646.37
327,250.00 01/06/2009 * (482.60) * Post Mod 7 No Action 05/01/2008 6.950 1,958.77 01/01/2037 * 01/01/2037 326,056.24
1 Current Values 13 No Action 03/01/2009 6.950 1,958.77 01/01/2037 * 01/01/2037 324,880.21
0011788735 05/19/2009 Pre Mod 11 No Action 04/01/2008 11.250 1,136.38 01/01/2037 * * 116,087.08
117,000.00 05/01/2009 13,855.55 (328.33) 0.00 Post Mod 0 No Action 05/01/2009 8.000 871.41 01/01/2037 * * 116,017.92
0011788735 02/24/2010 Pre Mod (1) No Action 02/01/2010 8.000 871.41 01/01/2037 * * 119,849.06
117,000.00 02/01/2010 5,252.66 0.00 0.00 Post Mod 0 No Action 02/01/2010 3.950 602.12 01/01/2037 * * 119,641.44
2 Current Values 0 No Action 05/01/2010 3.950 602.12 01/01/2037 N/A N/A 118,990.04
0011788741 05/19/2009 Pre Mod 12 Foreclosure 03/01/2008 8.125 3,222.38 01/01/2037 * 01/01/2037 465,960.64
468,000.00 05/01/2009 41,549.31 (1,079.71) 0.00 Post Mod 0 No Action 05/01/2009 3.000 1,534.56 01/01/2057 * 01/01/2037 466,670.69
1 Current Values 7 No Action 09/01/2009 3.000 1,534.56 01/01/2057 * 01/01/2037 462,194.89
0011788936 08/21/2008 Pre Mod * * * * * * * * *
372,000.00 08/01/2008 * (783.09) * Post Mod 10 Foreclosure 09/01/2007 6.000 1,965.24 * * * 371,481.46
1 Current Values 10 Foreclosure 06/01/2009 6.250 2,359.97 01/01/2037 * 01/01/2037 362,556.03
0011788937 08/21/2008 Pre Mod * * * * * * * * *
93,000.00 08/01/2008 * (8,579.20) * Post Mod 10 No Action 09/01/2007 7.000 682.19 * * * 100,823.47
1 Current Values 18 No Action 10/01/2008 7.000 682.19 01/01/2037 N/A N/A 100,443.96
0011789209 05/19/2009 Pre Mod 4 Foreclosure 11/01/2008 9.500 3,627.80 01/01/2037 * 01/01/2037 453,251.34
455,000.00 05/01/2009 19,553.40 (336.19) 0.00 Post Mod 0 No Action 05/01/2009 4.750 2,003.77 01/01/2057 * 01/01/2037 453,377.88
1 Current Values 0 No Action 05/01/2010 4.750 2,003.77 01/01/2057 * 01/01/2037 450,812.72
0011789449 05/19/2009 Pre Mod 8 No Action 07/01/2008 10.000 877.57 01/01/2037 * * 98,887.02
100,000.00 05/01/2009 8,242.64 (262.74) 0.00 Post Mod (1) No Action 06/01/2009 8.000 742.19 01/01/2037 * * 99,066.82
1 Current Values 5 No Action 11/01/2009 8.000 742.19 01/01/2037 N/A N/A 98,397.39
0011789454 05/20/2009 Pre Mod 8 Foreclosure 07/01/2008 8.750 2,916.67 01/01/2037 * * 400,000.00
400,000.00 05/01/2009 0.00 0.00 * Post Mod (1) No Action 06/01/2009 2.000 666.67 01/01/2037 * * 400,000.00
1 Current Values 5 Foreclosure 11/01/2009 2.000 666.67 01/01/2037 N/A N/A 400,000.00
0011789626 04/21/2010 Pre Mod 13 No Action 01/01/2009 8.625 264.45 01/01/2037 * * 27,823.67
34,000.00 04/01/2010 0.00 0.00 * Post Mod 0 No Action 04/01/2010 3.950 140.27 01/01/2037 * * 27,774.99
1 Current Values 0 No Action 04/01/2010 3.950 140.27 01/01/2037 N/A N/A 27,726.15

Page 96
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
0011790068 02/24/2010 Pre Mod 16 No Action 09/01/2008 9.990 320.04 01/01/2037 * * 41,341.58
36,500.00 03/01/2010 5,814.91 0.00 * Post Mod (1) No Action 04/01/2010 9.990 369.56 01/01/2037 * * 41,316.19
1 Current Values (1) No Action 06/01/2010 9.990 369.56 01/01/2037 N/A N/A 41,012.69
0011790205 04/20/2009 Pre Mod 1 No Action 01/01/2009 10.875 2,690.56 12/01/2036 * 12/01/2036 295,246.06
296,000.00 03/03/2009 0.00 0.00 * Post Mod 0 No Action 04/01/2009 4.950 1,345.04 12/01/2056 * 12/01/2036 295,118.91
1 Current Values 0 No Action 05/01/2010 4.950 1,345.04 12/01/2056 * 12/01/2036 293,405.01
0011790384 03/22/2010 Pre Mod 1 No Action 12/01/2009 6.990 1,701.46 01/01/2037 * * 247,346.41
256,000.00 03/01/2010 3,502.89 (3,512.65) 1,300.03 Post Mod 0 No Action 03/01/2010 4.590 1,352.00 06/01/2036 * * 250,074.12
1 Current Values 0 No Action 05/01/2010 4.590 1,352.00 06/01/2036 N/A N/A 249,281.71
0011790480 02/24/2010 Pre Mod 9 No Action 03/01/2009 10.990 285.47 01/01/2037 * * 24,411.57
30,000.00 02/01/2010 0.00 0.00 8,268.88 Post Mod 0 No Action 02/01/2010 3.950 122.64 01/01/2037 * * 24,369.28
1 Current Values 0 No Action 05/01/2010 3.950 122.64 01/01/2037 N/A N/A 24,241.60
0011790487 02/24/2010 Pre Mod 0 No Action 12/01/2009 8.875 1,892.13 01/01/2037 * * 234,639.63
237,500.00 12/01/2009 2,314.81 (0.04) 0.00 Post Mod 0 No Action 02/01/2010 9.505 2,014.92 01/01/2037 * * 234,483.29
1 Current Values 0 No Action 05/01/2010 9.505 2,014.92 01/01/2037 N/A N/A 233,665.45
0011790658 11/20/2009 Pre Mod 2 No Action 08/01/2009 6.175 3,728.16 01/01/2037 * * 735,693.98
724,500.00 12/01/2009 * 0.00 * Post Mod 0 No Action 12/01/2009 5.125 3,094.22 01/01/2037 * * 735,693.98
1 Current Values 0 No Action 04/01/2010 5.125 3,142.03 01/01/2037 N/A N/A 735,693.98
0011790760 03/22/2010 Pre Mod 4 No Action 09/01/2009 8.800 1,703.83 01/01/2037 * 01/01/2037 228,542.42
229,330.00 01/01/2010 12,802.53 (12,617.27) * Post Mod 5 No Action 09/01/2009 2.000 680.83 01/01/2050 * 01/01/2037 240,859.76
1 Current Values 0 No Action 05/01/2010 2.000 680.83 01/01/2050 * 01/01/2037 240,214.74
0011790860 06/23/2009 Pre Mod 9 Foreclosure 07/01/2008 9.500 3,825.71 01/01/2037 * 01/01/2037 477,936.37
479,920.00 06/01/2009 36,348.01 (731.68) 34,156.24 Post Mod 0 No Action 06/01/2009 2.000 1,298.78 01/01/2057 * 01/01/2037 477,143.80
1 Current Values 10 Foreclosure 06/01/2009 2.000 1,298.78 01/01/2057 * 01/01/2037 471,558.47
0011791026 05/19/2009 Pre Mod 2 No Action 01/01/2009 7.600 2,981.32 01/01/2037 * 01/01/2037 443,715.02
448,000.00 05/01/2009 11,251.48 (675.48) 0.00 Post Mod 0 No Action 05/01/2009 3.000 1,640.25 01/01/2047 * 01/01/2037 443,859.54
1 Current Values 11 Foreclosure 05/01/2009 3.000 1,640.25 01/01/2047 * 01/01/2037 437,404.02
0011791162 05/19/2009 Pre Mod 8 No Action 07/01/2008 8.375 1,102.84 01/01/2037 * 01/01/2037 155,081.87
156,000.00 05/01/2009 9,199.48 (323.80) 0.00 Post Mod 9 No Action 07/01/2008 5.000 713.37 01/01/2057 * 01/01/2037 155,338.47
0011791162 06/23/2009 Pre Mod 9 No Action 07/01/2008 5.000 713.37 01/01/2057 * 01/01/2037 155,338.47
156,000.00 05/01/2009 9,199.48 0.00 8,551.43 Post Mod 0 No Action 06/01/2009 5.000 713.37 01/01/2057 * 01/01/2037 155,272.34
2 Current Values 2 No Action 02/01/2010 5.000 713.37 01/01/2057 * 01/01/2037 154,526.50
0011791163 05/19/2009 Pre Mod 6 No Action 09/01/2008 12.125 404.92 01/01/2037 * * 38,709.75
39,000.00 05/01/2009 3,128.45 (40.69) 0.00 Post Mod 7 No Action 09/01/2008 4.000 192.83 01/01/2037 * * 38,686.64
0011791163 06/23/2009 Pre Mod 7 No Action 09/01/2008 4.000 192.83 01/01/2037 * * 38,686.64
39,000.00 05/01/2009 3,128.45 0.00 1,125.67 Post Mod 0 No Action 06/01/2009 4.000 192.83 01/01/2037 * * 38,622.77
2 Current Values 2 No Action 02/01/2010 4.000 192.83 01/01/2037 N/A N/A 37,972.18

Page 97
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
0011792147 04/20/2009 Pre Mod 7 Foreclosure 07/01/2008 9.375 2,793.34 01/01/2037 * 01/01/2037 347,103.26
351,200.00 03/26/2009 0.00 (1,363.40) * Post Mod (1) No Action 05/01/2009 1.000 922.18 01/01/2047 * 01/01/2037 347,829.39
1 Current Values 4 Foreclosure 12/01/2009 1.000 922.18 01/01/2047 * 01/01/2037 339,567.99
0011792148 04/21/2010 Pre Mod 14 No Action 12/01/2008 11.000 837.92 01/01/2037 * * 74,363.60
87,800.00 04/01/2010 0.00 0.00 * Post Mod 0 No Action 04/01/2010 3.950 374.91 01/01/2037 * * 74,233.47
1 Current Values 0 No Action 04/01/2010 3.950 374.91 01/01/2037 N/A N/A 74,102.91
0011792914 04/21/2010 Pre Mod 2 No Action 12/01/2009 10.990 256.92 01/01/2037 * * 27,424.10
27,000.00 04/01/2010 1,047.08 0.00 * Post Mod (1) No Action 05/01/2010 3.950 138.26 01/01/2037 * * 27,369.20
1 Current Values 0 Bankruptcy 05/01/2010 3.950 138.26 01/01/2037 N/A N/A 27,321.03
0011793127 06/23/2009 Pre Mod 0 No Action 06/01/2009 8.875 1,709.21 01/01/2037 * * 210,878.23
216,000.00 07/01/2009 0.00 0.52 0.00 Post Mod (1) No Action 08/01/2009 8.875 1,708.69 01/01/2037 * * 210,728.64
1 Current Values 0 No Action 05/01/2010 7.600 1,524.82 01/01/2037 N/A N/A 208,831.02
0011793622 06/23/2009 Pre Mod 4 Foreclosure 12/01/2008 7.625 2,261.00 01/01/2037 * 01/01/2037 346,330.27
348,000.00 06/01/2009 13,067.42 (366.15) 12,304.29 Post Mod 0 No Action 06/01/2009 3.125 1,166.33 01/01/2057 * 01/01/2037 346,431.99
1 Current Values 0 No Action 05/01/2010 3.125 1,166.33 01/01/2057 * 01/01/2037 343,488.06
0011793624 06/23/2009 Pre Mod 4 No Action 12/01/2008 10.650 805.60 01/01/2037 * * 86,109.00
87,000.00 06/01/2009 4,584.18 (82.20) 4,368.96 Post Mod 0 No Action 06/01/2009 7.500 616.61 01/01/2037 * * 86,092.64
1 Current Values 0 No Action 05/01/2010 7.500 616.61 01/01/2037 N/A N/A 85,201.30
0011793625 04/20/2010 Pre Mod 10 Foreclosure 04/01/2009 7.125 1,067.14 01/01/2037 * 01/01/2037 173,458.83
174,600.00 02/01/2010 17,108.42 (16,959.86) * Post Mod 11 Foreclosure 04/01/2009 2.000 191.65 02/01/2050 0.00 01/01/2037 190,516.14
1 Current Values (1) Foreclosure 06/01/2010 2.000 317.53 02/01/2050 N/A N/A 188,476.00
0011794769 05/20/2009 Pre Mod 8 No Action 07/01/2008 10.750 996.96 01/01/2037 * * 106,065.19
106,800.00 05/01/2009 0.00 0.00 * Post Mod 0 No Action 05/01/2009 1.750 402.31 01/01/2037 * * 105,817.56
1 Current Values 2 No Action 02/01/2010 1.750 402.31 01/01/2037 N/A N/A 102,817.66
0011794770 05/20/2009 Pre Mod 9 Foreclosure 06/01/2008 7.875 2,803.50 01/01/2037 * * 427,200.00
427,200.00 05/01/2009 0.00 0.00 * Post Mod 0 No Action 05/01/2009 1.750 623.00 01/01/2037 * * 427,200.00
1 Current Values 3 Foreclosure 01/01/2010 1.750 623.00 01/01/2037 N/A N/A 427,200.00
0011795774 04/20/2009 Pre Mod 0 No Action 02/01/2009 9.375 615.49 01/01/2037 * * 73,017.85
74,000.00 03/02/2009 0.00 0.00 * Post Mod (1) No Action 05/01/2009 7.000 497.19 01/01/2037 * * 72,946.60
1 Current Values 0 No Action 04/01/2010 7.000 497.19 01/01/2037 N/A N/A 71,981.59
0011796075 04/21/2010 Pre Mod 11 No Action 03/01/2009 11.250 1,379.19 01/01/2037 * * 117,796.69
142,000.00 04/01/2010 0.00 0.00 * Post Mod (1) No Action 05/01/2010 3.950 593.87 01/01/2037 * * 117,590.57
1 Current Values (1) No Action 06/01/2010 3.950 593.87 01/01/2037 N/A N/A 117,383.77
0011796304 06/23/2009 Pre Mod 3 No Action 01/01/2009 5.900 3,106.10 01/01/2037 * * 631,750.00
631,750.00 06/01/2009 15,530.50 0.00 14,214.35 Post Mod 0 No Action 06/01/2009 3.000 1,579.38 01/01/2037 * * 631,750.00
1 Current Values 0 No Action 05/01/2010 3.000 1,577.48 01/01/2037 N/A N/A 630,990.60

Page 98
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
0011796977 05/20/2009 Pre Mod 5 Foreclosure 10/01/2008 10.375 2,554.24 01/01/2037 * 01/01/2037 290,001.48
291,850.00 05/01/2009 0.00 0.00 * Post Mod 0 No Action 05/01/2009 5.000 1,425.00 01/01/2047 * 01/01/2037 289,784.82
1 Current Values 9 Foreclosure 07/01/2009 5.000 1,425.00 01/01/2047 * 01/01/2037 287,113.40
0011797141 01/21/2010 Pre Mod 3 No Action 08/01/2009 6.675 2,429.40 01/01/2037 * * 436,744.79
437,000.00 01/01/2010 25,167.22 (25,214.76) * Post Mod 0 No Action 01/01/2010 2.000 1,710.80 11/01/2039 * * 460,976.66
1 Current Values 0 No Action 05/01/2010 2.000 1,710.80 11/01/2039 N/A N/A 457,197.19
0011797500 03/19/2009 Pre Mod 2 No Action 11/01/2008 8.875 2,569.02 01/01/2037 * 01/01/2037 342,341.36
344,000.00 02/01/2009 0.00 (109.40) 0.00 Post Mod 3 No Action 11/01/2008 5.000 1,570.67 01/01/2057 * 01/01/2037 342,306.51
0011797500 04/20/2009 Pre Mod 3 No Action 11/01/2008 5.000 1,570.67 01/01/2057 * 01/01/2037 342,306.51
344,000.00 03/02/2009 0.00 0.00 * Post Mod 1 No Action 02/01/2009 5.000 1,570.67 01/01/2057 2.50 01/01/2057 342,162.12
2 Current Values 4 No Action 12/01/2009 5.000 1,570.67 01/01/2057 2.50 01/01/2057 340,229.34
0011798343 02/24/2010 Pre Mod 0 No Action 01/01/2010 9.845 505.85 01/01/2037 * * 58,669.92
58,500.00 12/01/2009 1,385.76 0.00 0.00 Post Mod 0 No Action 02/01/2010 9.554 505.85 01/01/2037 * * 58,631.18
1 Current Values 0 No Action 05/01/2010 9.554 505.85 01/01/2037 N/A N/A 58,513.10
0011798752 04/20/2009 Pre Mod 0 No Action 02/01/2009 9.875 2,448.50 01/01/2037 * 01/01/2037 294,888.52
296,000.00 03/02/2009 0.00 0.00 * Post Mod (1) No Action 05/01/2009 6.000 1,563.74 01/01/2057 * 01/01/2037 294,799.22
0011798752 02/24/2010 Pre Mod 1 No Action 11/01/2009 6.000 1,563.74 01/01/2057 * 01/01/2037 293,975.19
296,000.00 02/01/2010 14,249.22 (13,613.02) * Post Mod 0 No Action 02/01/2010 2.000 275.74 01/01/1950 0.00 01/01/2037 307,802.43
2 Current Values 0 No Action 05/01/2010 2.000 513.00 01/01/1950 N/A N/A 307,412.60
0011799155 04/20/2009 Pre Mod 6 Foreclosure 08/01/2008 9.625 2,702.99 01/01/2037 * 01/01/2037 333,559.89
335,200.00 03/21/2009 0.00 (473.61) * Post Mod 0 No Action 04/01/2009 4.500 1,418.05 01/01/2057 * 01/01/2037 333,866.30
1 Current Values 0 No Action 05/01/2010 4.500 1,418.05 01/01/2057 * 01/01/2037 331,658.39
0011800034 11/23/2009 Pre Mod 12 No Action 09/01/2008 11.375 437.42 01/01/2037 * * 49,790.17
44,600.00 10/01/2009 * 30.86 * Post Mod 17 No Action 04/15/2008 6.375 283.83 01/01/2037 32,466.10 01/01/2037 49,739.99
0011800034 04/21/2010 Pre Mod 2 No Action 12/01/2009 6.375 283.83 01/01/2037 32,466.10 01/01/2037 50,457.30
44,600.00 04/01/2010 1,139.90 19.12 * Post Mod 0 No Action 04/01/2010 3.950 225.09 01/01/2037 32,466.10 01/01/2037 50,379.18
2 Current Values 0 No Action 05/01/2010 3.950 225.09 01/01/2037 32,466.10 01/01/2037 50,300.80
0011800331 03/22/2010 Pre Mod 5 No Action 08/01/2009 7.400 3,722.40 01/01/2037 * 01/01/2037 584,683.66
588,000.00 01/01/2010 33,943.96 (33,242.97) * Post Mod 6 No Action 08/01/2009 2.375 2,590.84 01/01/2037 * 01/01/2037 616,492.98
1 Current Values 0 No Action 04/01/2010 2.375 2,590.84 01/01/2037 * 01/01/2037 613,748.87
0011800412 02/24/2010 Pre Mod 0 No Action 01/01/2010 8.625 1,166.13 01/01/2037 * 01/01/2037 159,987.96
160,000.00 12/01/2009 601.04 0.02 0.00 Post Mod 0 No Action 02/01/2010 9.587 1,292.69 01/01/2057 * 01/01/2037 159,973.42
1 Current Values 0 No Action 05/01/2010 9.587 1,292.69 01/01/2057 * 01/01/2037 159,929.11
0011800786 02/20/2009 Pre Mod 5 Foreclosure 08/01/2008 11.120 2,490.36 01/01/2037 * 01/01/2037 279,352.73
265,534.00 03/01/2009 * 0.00 * Post Mod 0 No Action 03/01/2009 7.500 1,857.14 01/01/2037 37,622.96 01/01/2037 279,241.54
1 Current Values 7 No Action 09/01/2009 7.500 1,857.14 01/01/2037 37,622.96 01/01/2037 277,540.99

Page 99
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
0011801550 05/19/2009 Pre Mod 7 Foreclosure 08/01/2008 8.625 2,224.32 01/01/2037 * 01/01/2037 297,403.41
300,000.00 05/01/2009 18,076.63 (880.37) 0.00 Post Mod 0 No Action 05/01/2009 5.750 1,614.43 01/01/2047 * 01/01/2037 298,094.41
1 Current Values 8 Foreclosure 08/01/2009 5.750 1,614.43 01/01/2047 * 01/01/2037 295,801.90
0011801551 05/19/2009 Pre Mod 7 No Action 08/01/2008 12.250 785.92 01/01/2037 * * 74,500.59
75,000.00 05/01/2009 6,844.67 (99.17) 0.00 Post Mod 0 No Action 05/01/2009 1.750 282.96 01/01/2037 * * 74,425.45
1 Current Values 6 No Action 10/01/2009 1.750 282.96 01/01/2037 N/A N/A 73,669.48
0011801674 04/21/2010 Pre Mod 13 No Action 01/01/2009 8.750 219.49 01/01/2037 * * 22,660.74
27,900.00 04/01/2010 0.00 0.00 * Post Mod 0 No Action 04/01/2010 3.950 114.24 01/01/2037 * * 22,621.09
1 Current Values 0 No Action 05/01/2010 3.950 114.24 01/01/2037 N/A N/A 22,581.31
0011802133 05/20/2009 Pre Mod 12 Foreclosure 03/01/2008 5.000 936.70 01/01/2037 * 01/01/2037 190,628.52
191,250.00 04/01/2009 0.00 0.00 * Post Mod 0 No Action 05/01/2009 5.000 936.70 01/01/2047 * 01/01/2037 190,486.11
1 Current Values 11 Bankruptcy 05/01/2009 5.000 936.70 01/01/2047 * 01/01/2037 188,730.15
0011802791 12/20/2008 Pre Mod 10 Foreclosure 12/01/2007 8.885 2,100.56 01/01/2037 * 01/01/2037 279,398.22
280,000.00 09/01/2008 * (312.99) * Post Mod 12 No Action 11/01/2007 8.885 2,100.56 01/01/2037 235,044.62 01/01/2037 279,679.36
1 Current Values INACTIVE
0011808877 05/19/2009 Pre Mod 6 Foreclosure 09/01/2008 7.970 1,545.85 01/01/2037 * * 232,750.00
232,750.00 05/01/2009 12,366.80 0.00 0.00 Post Mod 0 No Action 05/01/2009 3.250 630.36 01/01/2037 * * 232,108.93
1 Current Values 8 Foreclosure 08/01/2009 3.250 628.63 01/01/2037 N/A N/A 232,108.93
0073952545 06/19/2008 Pre Mod * * * * * * * * *
108,400.00 04/24/2008 * (0.23) * Post Mod 0 No Action 06/03/2008 7.390 786.72 * * * 112,062.66
1 Current Values 22 Bankruptcy 06/03/2008 8.375 863.17 11/03/2036 N/A N/A 110,226.40
0073953713 07/21/2008 Pre Mod * * * * * * * * *
97,500.00 03/01/2008 * (7,235.43) * Post Mod 1 No Action 05/01/2008 8.840 811.17 * * * 106,351.05
1 Current Values 22 No Action 06/01/2008 9.840 893.48 11/01/2036 * 11/01/2036 105,901.62
0073954185 03/19/2008 Pre Mod * * * * * * * * *
110,000.00 02/26/2008 * (6,809.79) * Post Mod 0 No Action 03/01/2008 8.540 859.72 * * * 116,305.20
0073954185 11/19/2009 Pre Mod 9 No Action 12/01/2008 10.500 1,026.76 11/01/2036 * 11/01/2036 114,913.51
110,000.00 11/01/2009 * (12,849.69) * Post Mod 0 No Action 11/01/2009 10.500 1,224.35 11/01/2036 * 11/01/2036 127,544.34
2 Current Values 0 No Action 05/01/2010 10.500 1,139.83 11/01/2036 * 11/01/2036 127,398.26
0073955857 05/21/2008 Pre Mod * * * * * * * * *
144,500.00 03/28/2008 * (862.17) * Post Mod 0 No Action 05/14/2008 8.990 1,277.09 * * * 157,471.10
1 Current Values 23 Foreclosure 05/14/2008 9.990 1,391.66 11/14/2036 N/A N/A 155,292.96
0073955961 10/21/2008 Pre Mod * * * * * * * * *
510,000.00 10/01/2008 * (82,359.70) * Post Mod 0 No Action 10/27/2008 9.190 4,845.30 * * * 584,982.19
1 Current Values 8 No Action 08/27/2009 9.190 4,845.30 10/27/2036 N/A N/A 576,764.85

Page 100
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
0073958434 07/22/2008 Pre Mod * * * * * * * * *
297,900.00 06/21/2008 * (9,313.16) * Post Mod 7 No Action 11/13/2007 6.840 1,890.82 * * * 304,764.24
1 Current Values 19 No Action 09/13/2008 7.840 2,096.59 11/13/2036 * 11/13/2036 302,507.43
0073962978 03/19/2008 Pre Mod * * * * * * * * *
266,200.00 01/09/2008 * (9,375.74) * Post Mod 6 No Action 08/01/2007 7.570 1,940.44 * * * 272,240.51
1 Current Values 2 No Action 02/01/2010 8.500 2,117.30 11/01/2036 N/A N/A 267,236.17
0073963890 12/18/2008 Pre Mod 12 No Action 10/01/2007 8.540 2,721.88 12/01/2036 * 12/01/2036 367,497.32
369,750.00 09/01/2008 * (35,991.40) * Post Mod 2 No Action 09/01/2008 8.540 2,976.67 12/01/2036 254,233.60 12/01/2036 403,127.41
0073963890 01/21/2010 Pre Mod (1) No Action 02/01/2010 6.665 2,888.48 12/01/2036 254,233.60 12/01/2036 433,143.39
369,750.00 02/01/2010 30,840.22 0.00 * Post Mod 0 No Action 02/01/2010 6.665 2,888.48 12/01/2036 254,233.60 12/01/2036 432,660.66
2 Current Values 2 Bankruptcy 02/01/2010 6.665 2,888.48 12/01/2036 254,233.60 12/01/2036 431,196.32
0073964770 01/20/2010 Pre Mod 8 No Action 03/13/2009 7.790 1,380.11 11/13/2036 * * 169,758.76
191,900.00 11/13/2009 7,917.09 (9,118.14) * Post Mod 1 No Action 11/13/2009 7.715 1,321.47 11/13/2036 * * 178,646.84
1 Current Values 0 No Action 05/13/2010 7.715 1,321.47 11/13/2036 N/A N/A 177,949.73
0073966115 01/21/2009 Pre Mod 9 Foreclosure 02/20/2008 7.480 1,503.60 11/20/2036 * 11/20/2036 227,034.78
229,000.00 11/01/2008 * (19,450.95) * Post Mod 1 No Action 11/20/2008 10.480 2,021.10 11/20/2036 * 11/20/2036 246,447.40
1 Current Values 19 No Action 09/20/2008 8.480 1,666.36 11/20/2036 * 11/20/2036 225,090.25
0073966443 04/21/2008 Pre Mod * * * * * * * * *
296,000.00 02/29/2008 * (1,778.51) * Post Mod 0 No Action 04/10/2008 7.190 2,007.21 * * * 310,738.98
0073966443 05/19/2008 Pre Mod * * * * * * * * *
296,000.00 02/29/2008 * 0.00 * Post Mod 0 No Action 05/10/2008 7.190 2,135.38 * * * 310,465.44
2 Current Values 19 No Action 09/10/2008 8.125 2,335.71 11/10/2036 N/A N/A 304,887.97
0073966507 07/21/2008 Pre Mod * * * * * * * * *
229,000.00 04/23/2008 * (1,945.70) * Post Mod 0 No Action 06/01/2008 7.670 1,773.83 * * * 245,716.23
0073966507 04/21/2009 Pre Mod 7 No Action 07/01/2008 10.625 2,286.61 11/01/2036 * * 244,415.84
229,000.00 03/01/2009 * (18,242.36) * Post Mod 0 No Action 03/01/2009 5.375 1,176.49 11/01/2036 * * 262,658.20
2 Current Values 7 No Action 09/01/2009 5.750 1,258.57 11/01/2036 N/A N/A 262,658.19
2000195706 05/19/2009 Pre Mod 0 No Action 05/14/2009 8.390 3,234.15 08/14/2036 * 08/14/2036 444,325.17
446,250.00 06/01/2009 * 0.00 * Post Mod 0 No Action 06/14/2009 7.500 2,958.51 08/01/2046 * 08/14/2036 444,143.69
1 Current Values 4 No Action 12/14/2009 7.500 2,958.51 07/14/2046 * 08/14/2036 442,071.01
2000254834 06/23/2009 Pre Mod 3 Bankruptcy 02/01/2009 9.375 2,150.39 12/01/2036 * * 254,807.10
259,200.00 07/01/2009 11,003.72 0.00 9,122.55 Post Mod 0 Bankruptcy 07/01/2009 4.000 1,274.31 12/01/2036 * * 254,382.15
1 Current Values 0 Bankruptcy 05/01/2010 4.000 1,274.31 12/01/2036 N/A N/A 261,326.65
2000254854 04/20/2009 Pre Mod 0 No Action 02/01/2009 9.340 583.77 12/01/2036 * * 69,272.74
70,400.00 03/31/2009 0.00 0.00 * Post Mod 0 No Action 04/01/2009 9.340 583.08 12/01/2036 * * 69,203.85
1 Current Values 1 No Action 03/01/2010 9.340 583.08 12/01/2036 N/A N/A 68,564.16

Page 101
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000254856 05/20/2009 Pre Mod 7 Foreclosure 08/01/2008 8.790 605.75 01/01/2037 * * 75,880.98
76,720.00 05/01/2009 * 0.00 * Post Mod (1) No Action 06/01/2009 3.000 336.00 01/01/2037 * * 75,734.68
1 Current Values 0 No Action 05/01/2010 3.000 336.00 01/01/2037 N/A N/A 73,950.30
2000254857 05/20/2009 Pre Mod 0 No Action 04/25/2009 10.250 1,454.69 12/25/2036 * 12/25/2036 166,837.66
168,000.00 05/01/2009 * 0.00 * Post Mod 0 No Action 05/25/2009 4.000 714.32 12/25/2036 * 12/25/2036 166,679.47
1 Current Values 0 No Action 04/25/2010 4.000 714.32 12/25/2036 * 12/25/2036 164,671.50
2000254858 01/21/2010 Pre Mod 3 No Action 08/01/2009 7.140 1,135.58 12/01/2036 * * 162,794.65
168,300.00 01/01/2010 5,683.41 (6,452.56) * Post Mod 0 No Action 01/01/2010 2.000 400.48 12/01/2049 * * 169,118.05
1 Current Values 0 No Action 05/01/2010 2.000 400.48 12/01/2049 N/A N/A 168,394.77
2000254871 05/20/2009 Pre Mod 10 Foreclosure 05/01/2008 7.640 1,162.48 12/01/2036 * * 162,013.31
164,000.00 05/01/2009 * 0.00 * Post Mod (1) No Action 06/01/2009 2.500 676.54 12/01/2036 * * 161,674.30
1 Current Values 1 No Action 03/01/2010 2.500 676.54 12/01/2036 N/A N/A 157,550.63
2000254875 03/19/2009 Pre Mod 4 No Action 09/01/2008 10.625 870.55 01/01/2037 * * 93,191.73
94,500.00 03/01/2009 0.00 (329.57) 0.00 Post Mod 5 No Action 09/01/2008 6.000 575.92 01/01/2037 * * 93,411.34
2000254875 04/20/2009 Pre Mod 5 No Action 09/01/2008 6.000 575.92 01/01/2037 * * 93,411.34
94,500.00 03/02/2009 0.00 0.00 * Post Mod 0 No Action 04/01/2009 6.000 575.92 01/01/2037 * * 93,252.20
2 Current Values 7 No Action 09/01/2009 6.000 575.92 01/01/2037 N/A N/A 91,783.07
2000254887 11/19/2008 Pre Mod 8 Foreclosure 01/07/2008 8.440 816.06 12/07/2036 * * 105,244.16
106,720.00 10/24/2008 * (740.72) * Post Mod 0 No Action 11/07/2008 8.440 821.75 12/01/2036 * * 105,903.35
1 Current Values 10 Foreclosure 06/07/2009 8.440 821.72 11/07/2036 N/A N/A 104,520.43
2000254892 01/21/2010 Pre Mod 2 No Action 09/01/2009 9.240 656.90 01/01/2037 * * 78,259.35
79,920.00 12/01/2009 2,267.28 (2,335.37) * Post Mod 0 No Action 01/01/2010 3.375 378.64 01/01/2037 * * 80,436.18
1 Current Values 0 No Action 05/01/2010 3.375 378.64 01/01/2037 N/A N/A 79,823.96
2000254894 03/22/2010 Pre Mod 14 No Action 11/01/2008 6.960 2,337.13 01/01/2037 * * 340,724.31
352,000.00 02/01/2010 37,519.75 (40,727.32) * Post Mod 0 No Action 03/01/2010 3.000 1,560.41 01/01/2037 * * 380,743.03
1 Current Values 0 No Action 05/01/2010 3.000 1,560.41 01/01/2037 N/A N/A 379,344.61
2000254899 05/19/2009 Pre Mod 0 No Action 04/06/2009 9.250 522.17 12/06/2036 * * 62,489.76
63,920.00 05/06/2009 0.00 0.00 0.00 Post Mod 0 No Action 05/06/2009 9.250 522.17 12/01/2036 * * 62,449.28
1 Current Values 0 No Action 05/06/2010 7.250 437.48 11/06/2036 N/A N/A 61,768.55
2000254901 07/23/2009 Pre Mod 4 No Action 01/01/2009 8.390 2,685.68 12/01/2036 * * 345,583.82
345,600.00 07/01/2009 12,168.86 (10,040.64) 0.00 Post Mod (1) No Action 08/01/2009 2.000 1,362.32 12/01/2036 * * 355,624.46
1 Current Values 0 No Action 05/01/2010 2.000 1,362.32 12/01/2036 N/A N/A 352,691.14
2000254918 11/20/2009 Pre Mod 1 No Action 09/01/2009 10.340 810.80 12/06/2036 * * 97,423.37
89,730.00 12/01/2009 0.00 (182.51) * Post Mod 0 No Action 12/06/2009 5.750 539.80 12/06/2036 * * 97,532.90
1 Current Values 0 No Action 05/01/2010 5.750 539.80 12/06/2036 N/A N/A 96,953.86

Page 102
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000254926 04/20/2009 Pre Mod 2 No Action 12/01/2008 9.125 937.09 12/01/2036 * * 113,675.60
116,000.00 03/06/2009 0.00 0.00 * Post Mod (1) No Action 05/01/2009 1.750 431.18 12/01/2036 * * 113,410.20
1 Current Values 0 No Action 05/01/2010 1.750 431.18 12/01/2036 N/A N/A 109,851.56
2000254929 08/20/2009 Pre Mod 3 No Action 03/01/2009 9.210 1,037.05 12/01/2036 * * 135,120.00
135,120.00 08/01/2009 5,614.11 (5,614.11) 0.00 Post Mod (1) No Action 09/01/2009 5.000 563.00 12/01/2036 * * 140,734.11
1 Current Values 0 No Action 05/01/2010 5.000 586.39 12/01/2036 N/A N/A 140,734.11
2000254930 05/20/2009 Pre Mod 6 Foreclosure 09/01/2008 9.875 3,324.58 01/01/2037 * * 404,000.00
404,000.00 05/01/2009 * 0.00 * Post Mod (1) No Action 06/01/2009 3.500 1,178.33 01/01/2037 * * 404,000.00
1 Current Values 0 No Action 05/01/2010 3.500 1,178.33 01/01/2037 N/A N/A 403,999.12
2000254935 03/19/2009 Pre Mod 9 Foreclosure 04/01/2008 9.500 1,960.82 12/01/2036 * * 229,897.31
234,767.00 03/01/2009 0.00 (2,088.47) 0.00 Post Mod 0 No Action 03/01/2009 5.000 1,287.69 12/01/2036 * * 231,656.00
1 Current Values 9 Foreclosure 07/01/2009 5.000 1,287.69 12/01/2036 N/A N/A 195,019.39
2000254936 06/23/2009 Pre Mod 0 No Action 06/28/2009 9.190 699.67 12/28/2036 * * 84,268.24
85,500.00 07/01/2009 2,437.14 (0.72) 2,042.41 Post Mod 0 No Action 07/28/2009 5.450 492.65 12/01/2036 495.87 12/01/2036 84,064.10
1 Current Values 0 No Action 04/28/2010 5.450 492.65 11/28/2036 495.87 12/01/2036 82,877.78
2000254937 04/20/2009 Pre Mod 1 No Action 01/13/2009 11.125 904.77 12/13/2036 * * 97,750.22
99,000.00 03/13/2009 0.00 0.00 * Post Mod 0 No Action 04/13/2009 6.000 602.67 12/01/2036 * * 97,636.30
1 Current Values 4 No Action 12/13/2009 6.000 602.67 11/13/2036 N/A N/A 95,921.45
2000254946 04/20/2010 Pre Mod 4 No Action 10/08/2009 9.550 675.61 12/08/2036 * * 78,213.27
80,000.00 02/01/2010 1,370.06 (1,510.43) * Post Mod 4 No Action 11/08/2009 7.500 576.19 12/01/2036 0.00 * 79,636.34
1 Current Values 0 No Action 05/01/2010 7.500 576.19 11/08/2036 N/A N/A 79,557.88
2000254947 07/20/2009 Pre Mod 0 No Action 05/27/2009 6.540 2,000.25 12/27/2036 * 12/27/2036 335,387.40
340,000.00 06/27/2009 0.00 0.00 0.00 Post Mod 0 No Action 07/27/2009 6.540 2,000.24 12/01/2046 0.00 12/27/2036 335,215.02
1 Current Values 0 No Action 04/27/2010 6.540 2,000.24 11/27/2046 N/A N/A 333,438.71
2000254967 01/21/2010 Pre Mod 4 No Action 07/01/2009 7.490 1,173.49 01/01/2037 * * 163,124.81
168,000.00 12/01/2009 7,001.77 (7,607.97) * Post Mod 4 No Action 08/01/2009 6.375 1,104.12 01/01/2037 * * 170,495.26
1 Current Values 0 No Action 05/01/2010 6.375 1,104.12 01/01/2037 N/A N/A 169,695.46
2000254978 03/22/2010 Pre Mod 6 No Action 07/15/2009 8.250 710.13 12/15/2036 * * 91,995.18
94,400.00 01/01/2010 5,816.31 (6,123.62) * Post Mod 0 No Action 03/01/2010 4.125 504.21 12/01/2036 * * 97,930.82
1 Current Values 0 No Action 05/01/2010 4.125 504.21 11/15/2036 N/A N/A 97,593.17
2000254981 11/20/2009 Pre Mod 0 No Action 11/01/2009 7.750 1,687.95 01/01/2037 * * 286,841.39
261,360.00 12/01/2009 0.00 0.00 * Post Mod 0 No Action 12/01/2009 3.750 816.75 01/01/2037 * * 286,841.39
1 Current Values 0 No Action 05/01/2010 3.750 896.25 01/01/2037 N/A N/A 286,785.36
2000255004 05/20/2009 Pre Mod 7 Foreclosure 08/14/2008 10.500 1,004.18 12/14/2036 * * 109,015.07
110,400.00 05/01/2009 * 0.00 * Post Mod 0 No Action 06/01/2009 1.750 414.47 12/01/2036 * * 108,759.58
1 Current Values 0 No Action 05/01/2010 1.750 414.47 11/14/2036 N/A N/A 105,664.48

Page 103
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000255008 04/20/2010 Pre Mod 8 Foreclosure 06/01/2009 8.690 1,494.81 01/01/2037 * * 186,201.75
190,800.00 12/01/2009 14,570.83 (15,019.79) * Post Mod 10 Foreclosure 05/01/2009 4.500 1,077.08 01/01/2037 0.00 * 200,842.72
1 Current Values 0 Foreclosure 05/01/2010 4.500 1,077.08 01/01/2037 N/A N/A 199,790.42
2000255013 02/24/2010 Pre Mod 11 Bankruptcy 01/26/2009 9.750 893.53 12/26/2036 * * 117,503.67
104,000.00 02/01/2010 16,563.45 101.35 0.00 Post Mod 0 No Action 02/26/2010 9.750 893.53 01/01/2037 212,707.92 01/01/2037 115,536.00
1 Current Values 1 No Action 03/26/2010 6.040 656.70 12/26/2036 212,707.92 01/01/2037 115,309.35
2000255021 04/20/2009 Pre Mod 2 No Action 12/01/2008 8.140 883.34 01/01/2037 * * 116,308.88
118,800.00 04/01/2009 * (739.80) * Post Mod 3 No Action 12/01/2008 3.000 883.34 01/01/2037 * * 116,456.11
1 Current Values 0 No Action 05/01/2010 3.000 515.66 01/01/2037 N/A N/A 113,405.36
2000255023 05/19/2009 Pre Mod 0 No Action 04/20/2009 10.625 1,007.76 12/20/2036 * 12/20/2036 111,871.47
112,500.00 03/20/2009 0.00 0.00 * Post Mod 0 No Action 04/20/2009 5.000 549.71 12/01/2046 * 12/20/2036 111,787.89
1 Current Values 0 No Action 04/20/2010 5.000 549.71 11/20/2046 * 12/20/2036 110,630.92
2000255029 05/19/2009 Pre Mod 3 No Action 12/01/2008 10.250 1,252.72 01/01/2037 * * 138,025.87
140,400.00 05/01/2009 5,533.44 (413.96) 0.00 Post Mod 4 No Action 12/01/2008 6.500 898.56 01/01/2037 * * 138,288.91
2000255029 04/22/2010 Pre Mod 5 No Action 09/01/2009 6.500 898.56 01/01/2037 * * 136,729.53
140,400.00 03/01/2010 * (6,658.64) * Post Mod 0 No Action 04/01/2010 3.712 703.83 01/01/2037 * * 143,096.59
2 Current Values 0 No Action 05/01/2010 3.712 703.83 01/01/2037 N/A N/A 142,835.41
2000255036 04/20/2009 Pre Mod 0 No Action 02/01/2009 10.000 986.67 01/01/2037 * * 118,400.00
118,400.00 03/02/2009 0.00 98.66 * Post Mod 0 No Action 04/01/2009 5.000 657.23 01/01/2037 * * 118,137.44
1 Current Values 0 No Action 05/01/2010 5.000 657.23 01/01/2037 N/A N/A 116,042.23
2000255039 06/23/2009 Pre Mod 0 No Action 05/01/2009 7.660 1,680.18 01/01/2037 * 01/01/2037 248,473.17
250,800.00 07/01/2009 3,171.58 50.16 2,157.00 Post Mod 0 No Action 07/01/2009 4.000 1,065.87 01/01/2047 * 01/01/2037 248,185.38
1 Current Values 0 No Action 05/01/2010 4.000 1,065.87 01/01/2047 * 01/01/2037 248,890.70
2000255044 08/20/2009 Pre Mod (1) No Action 08/22/2009 11.125 486.08 12/22/2036 * * 49,936.68
50,880.00 08/22/2009 0.00 0.00 0.00 Post Mod 0 No Action 08/22/2009 10.125 449.42 12/01/2036 0.00 * 49,908.60
1 Current Values 0 No Action 05/22/2010 9.740 435.94 11/22/2036 N/A N/A 49,621.15
2000255053 03/22/2010 Pre Mod 8 Foreclosure 05/01/2009 7.240 935.11 01/01/2037 * * 132,783.01
137,000.00 01/01/2010 13,186.81 (14,051.30) * Post Mod 0 No Action 03/01/2010 2.000 516.97 03/01/2042 * * 146,538.65
1 Current Values (1) No Action 06/01/2010 2.000 516.97 03/01/2042 N/A N/A 145,992.72
2000255057 02/20/2009 Pre Mod 11 Foreclosure 02/11/2008 8.890 1,637.63 12/11/2036 * * 203,640.54
205,200.00 03/01/2009 * (5.12) * Post Mod 0 No Action 03/01/2009 5.000 1,130.40 12/01/2036 * * 202,668.11
1 Current Values 2 Foreclosure 02/01/2010 8.890 1,600.92 11/11/2036 N/A N/A 195,166.69
2000255063 01/21/2010 Pre Mod 3 No Action 08/01/2009 6.490 2,525.65 01/01/2037 * * 386,080.53
400,000.00 12/01/2009 12,849.29 (14,302.63) * Post Mod 4 No Action 08/01/2009 2.000 1,391.85 08/01/2042 * * 399,634.78
1 Current Values (1) No Action 06/01/2010 2.000 1,391.85 08/01/2042 N/A N/A 396,724.35

Page 104
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000255096 06/23/2009 Pre Mod 1 No Action 03/01/2009 8.875 2,245.12 01/01/2037 * * 277,850.54
284,000.00 06/01/2009 6,160.58 0.00 5,813.51 Post Mod 0 No Action 06/01/2009 8.500 2,177.11 01/01/2037 * * 277,641.54
2000255096 04/22/2010 Pre Mod 3 No Action 11/01/2009 8.500 2,177.11 01/01/2037 * * 275,644.82
284,000.00 03/01/2010 * (12,087.66) * Post Mod 0 No Action 04/01/2010 2.000 918.98 01/01/2037 * * 287,272.91
2 Current Values 0 No Action 05/01/2010 2.000 918.98 01/01/2037 N/A N/A 286,832.72
2000255106 06/23/2009 Pre Mod 3 No Action 01/01/2009 8.125 1,841.72 01/01/2037 * * 243,060.90
249,600.00 06/01/2009 7,920.15 (1,028.59) 7,403.18 Post Mod 4 No Action 01/01/2009 3.000 1,082.90 01/01/2037 * * 243,614.24
1 Current Values 1 No Action 03/01/2010 3.000 1,082.90 01/01/2037 N/A N/A 246,254.95
2000255111 03/22/2010 Pre Mod 5 No Action 08/01/2009 8.240 1,376.16 01/01/2037 * * 175,769.24
183,350.00 01/01/2010 3,646.40 (4,659.33) * Post Mod 6 No Action 08/01/2009 7.625 1,316.45 01/01/2037 * * 180,228.99
1 Current Values 0 No Action 05/01/2010 7.625 1,316.45 01/01/2037 N/A N/A 179,885.42
2000255119 07/20/2009 Pre Mod 0 No Action 06/01/2009 7.890 913.81 01/01/2037 * 01/01/2037 131,668.90
133,000.00 07/01/2009 0.00 0.00 0.00 Post Mod (1) No Action 08/01/2009 7.890 913.25 01/01/2047 0.00 01/01/2037 131,620.81
1 Current Values 0 No Action 04/01/2010 7.890 913.25 01/01/2047 N/A N/A 131,108.73
2000255137 04/20/2009 Pre Mod 13 Foreclosure 01/01/2008 6.990 2,110.40 01/01/2037 * 01/01/2037 336,364.81
340,000.00 03/23/2009 0.00 (2,173.85) * Post Mod 0 No Action 04/01/2009 5.500 1,774.09 01/01/2047 * 01/01/2037 338,306.24
1 Current Values 0 No Action 05/01/2010 5.500 1,774.09 01/01/2047 * 01/01/2037 330,137.07
2000255165 04/20/2009 Pre Mod 7 No Action 07/01/2008 9.625 4,389.79 01/01/2037 * * 512,280.83
517,500.00 03/13/2009 0.00 0.00 * Post Mod 0 No Action 04/01/2009 3.500 2,402.33 01/01/2037 * * 511,372.65
2000255165 02/23/2010 Pre Mod 4 No Action 08/01/2009 3.500 2,402.33 01/01/2037 * * 503,078.91
517,500.00 02/01/2010 * (29,435.64) * Post Mod 0 No Action 02/01/2010 2.637 2,299.00 12/01/2036 * * 531,321.07
2 Current Values 0 No Action 05/01/2010 2.637 2,299.00 12/01/2036 N/A N/A 527,822.92
2000255168 02/24/2010 Pre Mod 6 No Action 06/01/2009 6.890 1,107.69 01/01/2037 * * 162,736.90
168,000.00 11/01/2009 725.58 (205.06) * Post Mod 7 No Action 06/01/2009 3.125 745.17 01/01/2037 * * 162,620.58
1 Current Values 3 No Action 01/01/2010 3.125 745.17 01/01/2037 N/A N/A 161,653.02
2000255169 05/19/2009 Pre Mod 9 Foreclosure 06/01/2008 9.750 1,547.83 01/01/2037 * * 177,631.97
181,000.00 05/01/2009 14,036.06 (1,622.60) 0.00 Post Mod 0 No Action 05/01/2009 1.750 679.02 01/01/2037 * * 178,834.60
1 Current Values 0 No Action 05/01/2010 1.750 442.59 01/01/2037 N/A N/A 175,058.54
2000255174 04/20/2009 Pre Mod 1 No Action 01/01/2009 10.125 2,538.90 12/01/2036 * * 282,570.79
288,000.00 04/01/2009 * (688.67) * Post Mod 3 No Action 12/01/2008 4.000 1,409.56 12/01/2036 9,086.76 12/01/2036 282,791.80
1 Current Values 0 No Action 05/01/2010 4.000 1,409.56 12/01/2036 9,086.76 12/01/2036 274,490.55
2000255190 12/22/2008 Pre Mod 0 No Action 10/01/2008 8.510 849.67 01/01/2037 * * 108,816.83
110,400.00 11/01/2008 * (1,027.25) * Post Mod 1 No Action 10/01/2008 6.510 714.28 01/01/2037 * * 109,720.13
1 Current Values 0 No Action 05/01/2010 6.510 714.28 01/01/2037 N/A N/A 107,384.16
2000255200 01/21/2010 Pre Mod 2 No Action 09/01/2009 7.990 1,649.39 01/01/2037 * * 219,059.41
225,000.00 01/01/2010 20,988.53 (21,775.50) * Post Mod 3 No Action 09/01/2009 2.000 802.97 08/01/2044 * * 240,397.04
1 Current Values 0 No Action 05/01/2010 2.000 802.97 08/01/2044 N/A N/A 238,783.78

Page 105
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000255212 05/20/2009 Pre Mod 3 No Action 12/01/2008 9.750 1,543.96 01/01/2037 * * 177,722.35
180,000.00 05/01/2009 * 0.00 * Post Mod 0 No Action 05/01/2009 4.000 884.41 01/01/2037 * * 177,430.35
1 Current Values 0 No Action 05/01/2010 4.000 884.41 01/01/2037 N/A N/A 173,849.47
2000255218 08/19/2008 Pre Mod * * * * * * * * *
64,710.00 07/01/2008 * (312.73) * Post Mod 1 No Action 06/01/2008 8.440 498.82 * * * 64,470.17
2000255218 11/23/2009 Pre Mod 5 Foreclosure 04/01/2009 8.440 498.82 01/01/2037 * * 67,633.73
64,710.00 10/01/2009 * 104.22 * Post Mod 2 No Action 08/01/2009 7.125 444.88 01/01/2037 * * 67,486.21
2 Current Values 2 No Action 02/01/2010 7.125 444.88 01/01/2037 N/A N/A 67,089.96
2000255221 04/22/2010 Pre Mod 2 No Action 12/01/2009 8.580 2,292.78 01/01/2037 * * 288,329.66
296,000.00 03/01/2010 * (24,424.58) * Post Mod 3 No Action 12/01/2009 7.500 2,257.36 01/01/2037 * * 312,298.94
1 Current Values 0 No Action 05/01/2010 7.500 2,257.36 01/01/2037 N/A N/A 309,883.69
2000255233 09/19/2008 Pre Mod * * * * * * * * *
132,600.00 07/28/2008 * (586.21) * Post Mod 0 No Action 09/01/2008 8.140 994.86 * * * 131,836.26
2000255233 10/20/2008 Pre Mod * * * * * * * * *
132,600.00 08/21/2008 * 0.00 * Post Mod 0 No Action 10/01/2008 8.140 994.86 * * * 131,735.69
2 Current Values 12 Foreclosure 04/01/2009 8.140 994.86 12/01/2036 N/A N/A 159,576.79
2000255250 07/21/2008 Pre Mod * * * * * * * * *
191,250.00 05/01/2008 * (5,199.02) * Post Mod 1 No Action 05/01/2008 8.240 1,475.72 * * * 194,075.77
2000255250 09/24/2009 Pre Mod 14 Foreclosure 05/01/2008 6.000 1,206.27 12/12/2036 * * 192,047.81
191,250.00 08/17/2009 * (2,228.65) * Post Mod 0 No Action 08/01/2009 6.000 1,206.27 12/12/2036 * * 194,030.43
2 Current Values 4 No Action 12/01/2009 6.000 1,206.27 12/12/2036 N/A N/A 212,037.37
2000255275 11/20/2009 Pre Mod 1 No Action 08/20/2009 9.125 520.34 12/20/2036 * * 62,682.03
64,000.00 11/01/2009 0.00 0.00 * Post Mod 10 No Action 12/18/2008 9.125 520.34 12/20/2036 0.00 * 62,638.33
1 Current Values 0 No Action 04/20/2010 8.640 499.59 12/20/2036 N/A N/A 62,350.89
2000255276 05/20/2009 Pre Mod 2 No Action 01/01/2009 7.090 641.82 01/01/2037 * * 93,353.66
95,600.00 05/01/2009 * (201.59) * Post Mod 3 No Action 01/01/2009 3.500 641.82 01/01/2037 * * 93,185.71
2000255276 06/23/2009 Pre Mod 3 No Action 01/01/2009 3.500 641.82 01/01/2037 * * 93,185.71
95,600.00 05/01/2009 2,211.53 (357.83) 1,985.58 Post Mod 0 No Action 05/01/2009 3.500 440.23 01/01/2037 * * 93,375.10
2 Current Values 7 Bankruptcy 09/01/2009 3.500 440.23 01/01/2037 N/A N/A 91,501.18
2000255288 04/20/2009 Pre Mod 2 No Action 12/01/2008 10.125 635.05 01/01/2037 * * 71,812.12
71,920.00 03/13/2009 917.50 (0.11) * Post Mod 0 No Action 04/01/2009 5.000 398.62 01/01/2037 * * 71,687.11
1 Current Values 0 No Action 04/01/2010 5.000 398.62 01/01/2037 N/A N/A 70,355.13
2000255292 06/23/2009 Pre Mod 5 Foreclosure 12/21/2008 10.125 764.64 12/21/2036 * * 85,252.44
86,400.00 07/01/2009 4,884.11 (97.05) 3,903.89 Post Mod 0 No Action 07/01/2009 4.375 444.60 12/01/2036 * * 85,215.71
1 Current Values 3 No Action 01/21/2010 4.375 444.60 11/21/2036 N/A N/A 88,896.21

Page 106
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000255293 05/19/2009 Pre Mod 0 No Action 04/27/2009 10.000 1,960.43 12/27/2036 * * 221,137.04
225,000.00 03/27/2009 0.00 0.00 * Post Mod 0 No Action 05/27/2009 4.000 1,100.45 12/01/2036 * * 220,773.71
1 Current Values 0 No Action 04/27/2010 4.000 1,100.45 11/27/2036 N/A N/A 216,229.42
2000255294 02/20/2009 Pre Mod 4 No Action 09/01/2008 9.625 980.46 01/01/2037 * * 114,344.26
116,036.00 03/01/2009 * 0.00 * Post Mod (1) No Action 04/01/2009 5.000 632.97 02/01/2037 * * 114,187.72
1 Current Values 11 No Action 05/01/2009 5.000 632.97 02/01/2037 N/A N/A 111,926.50
2000255305 03/22/2010 Pre Mod 6 No Action 07/20/2009 9.125 774.30 12/20/2036 * * 93,012.08
95,000.00 01/01/2010 3,147.56 (3,396.19) * Post Mod 7 No Action 07/20/2009 2.000 152.75 01/01/2050 * * 96,410.54
1 Current Values (1) No Action 07/01/2010 2.000 159.26 12/20/2049 N/A N/A 95,468.44
2000255323 03/22/2010 Pre Mod 4 No Action 09/20/2009 8.530 963.81 12/20/2036 * * 121,863.99
125,000.00 01/01/2010 2,109.21 (2,362.79) * Post Mod 5 No Action 09/20/2009 6.500 816.15 12/01/2036 * * 124,070.73
1 Current Values 0 No Action 05/01/2010 6.500 816.15 11/20/2036 N/A N/A 123,781.75
2000255326 05/20/2009 Pre Mod 0 No Action 03/01/2009 8.750 1,545.83 01/01/2037 * * 212,000.00
212,000.00 05/01/2009 * 0.00 * Post Mod (2) No Action 07/01/2009 4.335 765.85 01/01/2037 * * 212,000.00
1 Current Values 0 No Action 05/01/2010 4.335 765.80 01/01/2037 N/A N/A 211,985.87
2000255327 05/19/2009 Pre Mod 0 No Action 04/20/2009 11.125 1,385.73 12/20/2036 * 12/20/2036 147,249.37
148,000.00 03/20/2009 0.00 (0.25) * Post Mod 0 No Action 05/20/2009 7.000 925.33 12/01/2046 * 12/20/2036 147,166.59
1 Current Values 0 No Action 04/20/2010 7.000 925.33 11/20/2046 * 12/20/2036 146,243.82
2000255331 02/24/2010 Pre Mod 11 Foreclosure 01/01/2009 8.750 1,076.55 12/01/2036 * 12/01/2036 141,733.30
143,120.00 02/01/2010 19,024.99 (19,338.32) * Post Mod 12 Foreclosure 01/01/2009 2.000 328.09 01/01/1950 0.00 12/01/2036 160,979.75
1 Current Values (1) No Action 06/01/2010 2.000 328.09 01/01/1950 N/A N/A 160,535.73
2000255338 03/19/2009 Pre Mod 1 No Action 12/08/2008 9.500 1,503.11 12/08/2036 * * 176,339.79
180,000.00 03/01/2009 0.00 (496.85) 0.00 Post Mod 0 No Action 03/08/2009 5.340 1,016.61 12/01/2036 * * 176,604.74
1 Current Values (1) No Action 07/01/2010 5.340 1,016.61 11/08/2036 N/A N/A 178,671.74
2000255346 01/21/2010 Pre Mod 3 No Action 08/01/2009 9.000 794.73 01/01/2037 * * 96,690.04
99,200.00 12/01/2009 2,745.89 (2,849.32) * Post Mod 0 No Action 12/01/2009 6.250 635.88 01/01/2037 * * 99,407.07
1 Current Values 0 No Action 05/01/2010 6.250 635.88 01/01/2037 N/A N/A 98,930.67
2000255355 01/21/2010 Pre Mod 10 Foreclosure 01/01/2009 6.875 1,051.18 01/01/2037 * * 184,400.00
184,400.00 12/01/2009 14,603.24 (66,794.84) * Post Mod 6 Foreclosure 06/01/2009 2.000 400.64 11/01/2049 * * 251,101.53
1 Current Values (1) No Action 06/01/2010 2.000 400.64 11/01/2049 N/A N/A 197,917.90
2000255361 02/20/2009 Pre Mod 8 Foreclosure 05/01/2008 9.750 1,578.61 01/01/2037 * 01/01/2037 190,039.51
191,920.00 03/01/2009 * 0.00 * Post Mod 0 No Action 03/01/2009 5.000 932.42 01/01/2047 * 01/01/2037 189,898.92
1 Current Values 7 Foreclosure 09/01/2009 5.000 932.42 01/01/2047 * 01/01/2037 187,868.05
2000255370 02/24/2010 Pre Mod 19 Foreclosure 05/01/2008 7.700 1,330.65 01/01/2037 * * 181,268.23
186,300.00 01/01/2010 37,252.74 (39,949.14) * Post Mod 0 No Action 02/01/2010 2.000 519.36 12/01/2049 0.00 * 221,000.12
1 Current Values (1) No Action 06/01/2010 2.000 519.36 12/01/2049 * 12/01/2049 220,296.08

Page 107
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000255376 05/19/2009 Pre Mod 2 No Action 01/01/2009 9.625 2,130.63 01/01/2037 * * 247,061.66
252,000.00 05/01/2009 7,601.27 (638.89) 0.00 Post Mod 3 No Action 01/01/2009 1.750 939.54 01/01/2037 * * 247,121.31
2000255376 06/23/2009 Pre Mod 3 No Action 01/01/2009 1.750 939.54 01/01/2037 * * 247,121.31
252,000.00 05/01/2009 7,601.27 0.00 7,188.21 Post Mod 0 No Action 06/01/2009 1.750 939.54 01/01/2037 * * 246,542.16
2 Current Values 0 No Action 04/01/2010 1.750 939.54 01/01/2037 N/A N/A 239,991.71
2000255404 10/20/2008 Pre Mod * * * * * * * * *
107,200.00 08/20/2008 * 0.00 * Post Mod 0 No Action 10/01/2008 7.140 677.38 * * * 106,101.35
2000255404 02/24/2010 Pre Mod 1 No Action 11/01/2009 7.140 674.12 01/01/2037 * 01/01/2037 105,163.14
107,200.00 12/01/2009 5,417.27 (5,296.59) * Post Mod 2 No Action 11/01/2009 2.000 280.73 11/01/2049 0.00 01/01/2037 110,354.27
2 Current Values 0 No Action 05/01/2010 2.000 280.73 11/01/2049 * 11/01/2049 109,973.08
2000255413 05/19/2009 Pre Mod 6 Foreclosure 09/01/2008 9.990 1,332.78 01/01/2037 * * 149,969.20
152,000.00 05/01/2009 10,012.52 (651.67) 0.00 Post Mod 0 No Action 05/01/2009 3.500 707.58 01/01/2037 * * 150,350.70
1 Current Values 5 Foreclosure 11/01/2009 3.500 707.58 01/01/2037 N/A N/A 147,069.71
2000255418 09/23/2008 Pre Mod * * * * * * * * *
304,000.00 09/11/2008 * (1,882.60) * Post Mod 6 No Action 02/01/2008 7.790 2,186.31 * * * 301,352.67
2000255418 10/20/2008 Pre Mod * * * * * * * * *
304,000.00 09/11/2008 * 0.00 * Post Mod (1) No Action 11/01/2008 7.790 2,200.04 * * * 301,108.91
2 Current Values 16 Foreclosure 12/01/2008 7.790 2,200.04 01/01/2037 N/A N/A 296,164.81
2000255422 08/19/2008 Pre Mod * * * * * * * * *
86,250.00 07/01/2008 * (3,399.19) * Post Mod 0 No Action 08/01/2008 9.000 723.33 * * * 88,325.74
1 Current Values 12 No Action 04/01/2009 9.000 723.33 01/01/2037 N/A N/A 87,430.50
2000255432 06/23/2009 Pre Mod 5 No Action 11/01/2008 8.125 2,928.18 01/01/2037 * 01/01/2037 411,991.18
416,000.00 06/01/2009 18,966.39 (1,008.96) 0.00 Post Mod 0 No Action 06/01/2009 1.750 1,248.34 01/01/2047 * 01/01/2037 412,352.62
1 Current Values 0 No Action 05/01/2010 1.750 1,248.34 01/01/2047 * 01/01/2037 405,183.59
2000255438 05/19/2009 Pre Mod 6 Foreclosure 09/01/2008 9.250 1,421.38 01/01/2037 * * 170,098.46
173,600.00 05/01/2009 9,448.40 (1,029.95) 0.00 Post Mod 7 No Action 09/01/2008 2.000 670.04 01/01/2037 * * 170,741.87
2000255438 06/23/2009 Pre Mod 7 No Action 09/01/2008 2.000 670.04 01/01/2037 * * 170,741.87
173,600.00 05/01/2009 9,448.40 0.00 8,878.28 Post Mod 0 No Action 06/01/2009 2.000 670.04 01/01/2037 * * 170,356.40
2 Current Values 5 No Action 11/01/2009 2.000 670.04 01/01/2037 N/A N/A 166,073.59
2000255442 05/19/2009 Pre Mod 11 Foreclosure 04/01/2008 9.000 1,664.35 12/01/2036 * 12/01/2036 214,338.90
216,000.00 05/01/2009 19,955.69 (793.96) 0.00 Post Mod 12 No Action 04/01/2008 5.000 1,057.89 12/01/2046 * 12/01/2036 214,968.05
2000255442 06/23/2009 Pre Mod 12 No Action 04/01/2008 5.000 1,057.89 12/01/2046 * 12/01/2036 214,968.05
216,000.00 05/01/2009 19,955.69 0.00 18,789.47 Post Mod 0 No Action 06/01/2009 5.000 1,057.89 12/01/2046 * 12/01/2036 214,805.86
2000255442 02/24/2010 Pre Mod 0 No Action 01/01/2010 4.825 1,057.89 12/01/2046 * 12/01/2036 218,629.69
216,000.00 12/01/2009 5,000.47 0.00 0.00 Post Mod 0 No Action 02/01/2010 4.825 1,057.89 12/01/2046 * 12/01/2036 218,450.87
3 Current Values 0 No Action 05/01/2010 4.825 1,057.89 12/01/2046 * 12/01/2036 217,910.06

Page 108
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000255445 07/23/2009 Pre Mod (1) No Action 08/01/2009 8.875 1,081.07 01/01/2037 * * 140,365.53
136,000.00 08/01/2009 7,145.66 (1,036.05) 0.00 Post Mod 0 No Action 08/01/2009 1.750 511.42 01/01/2037 * * 141,094.86
1 Current Values 0 No Action 04/01/2010 1.750 511.42 01/01/2037 N/A N/A 137,605.48
2000255446 04/21/2010 Pre Mod (1) No Action 04/01/2010 8.500 1,336.77 01/01/2037 * * 197,773.77
188,720.00 04/01/2010 9,053.77 (0.82) * Post Mod 0 No Action 04/01/2010 8.500 1,561.80 01/01/2037 * * 197,497.70
1 Current Values 0 No Action 05/01/2010 8.500 1,561.80 01/01/2037 N/A N/A 197,334.03
2000255447 02/24/2010 Pre Mod 0 No Action 01/01/2010 9.320 1,354.11 01/01/2037 * 01/01/2037 174,077.41
170,000.00 12/01/2009 5,357.28 0.07 0.00 Post Mod 0 No Action 02/01/2010 9.294 1,393.50 01/01/2047 * 01/01/2037 174,032.07
1 Current Values 0 No Action 05/01/2010 9.294 1,393.50 01/01/2047 * 01/01/2037 173,893.93
2000255448 03/22/2010 Pre Mod 12 Foreclosure 01/01/2009 6.830 917.39 01/01/2037 * * 135,408.43
140,000.00 01/01/2010 17,083.70 (18,488.94) * Post Mod 0 No Action 02/01/2010 2.750 674.69 01/01/2037 * * 153,532.99
1 Current Values 0 No Action 04/01/2010 2.750 674.69 01/01/2037 N/A N/A 152,886.57
2000255449 01/21/2010 Pre Mod 13 Foreclosure 10/01/2008 8.290 2,020.93 01/01/2037 * * 262,987.64
268,000.00 01/01/2010 37,062.51 (38,237.37) * Post Mod 14 Foreclosure 10/01/2008 2.000 405.08 12/01/2049 * * 301,258.24
1 Current Values (1) No Action 06/01/2010 2.000 502.10 12/01/2049 N/A N/A 299,587.52
2000255456 06/23/2009 Pre Mod 0 No Action 05/01/2009 9.440 1,572.12 01/01/2037 * 01/01/2037 194,104.51
195,200.00 07/01/2009 3,053.56 0.00 2,335.52 Post Mod (1) No Action 08/01/2009 6.000 1,084.94 01/01/2047 * 01/01/2037 193,990.09
1 Current Values 0 No Action 05/01/2010 6.000 1,084.94 01/01/2047 * 01/01/2037 195,867.55
2000255459 11/23/2009 Pre Mod 1 No Action 08/01/2009 8.500 2,421.85 12/01/2036 * * 315,115.48
316,000.00 10/01/2009 * 27.32 * Post Mod (1) No Action 12/01/2009 3.345 1,472.68 12/01/2036 * * 314,493.86
1 Current Values 0 No Action 05/01/2010 3.345 1,472.68 12/01/2036 N/A N/A 310,790.96
2000255461 01/21/2010 Pre Mod 11 No Action 12/01/2008 8.390 1,333.51 01/01/2037 * 01/01/2037 182,319.20
184,000.00 01/01/2010 21,867.19 (22,323.45) * Post Mod 0 No Action 01/01/2010 2.000 352.73 12/01/2049 * 01/01/2037 204,593.79
1 Current Values 0 No Action 05/01/2010 2.000 352.73 12/01/2049 * 01/01/2037 203,956.77
2000255478 03/19/2009 Pre Mod 0 No Action 02/01/2009 8.125 1,416.96 01/01/2037 * * 187,449.99
192,000.00 03/01/2009 0.00 0.00 0.00 Post Mod 0 No Action 03/01/2009 8.125 1,416.96 01/01/2037 * * 187,302.22
2 Current Values 0 No Action 05/01/2010 5.250 1,101.71 01/01/2037 N/A N/A 189,168.38
2000255482 04/20/2009 Pre Mod 1 No Action 01/01/2009 8.625 1,807.25 01/01/2037 * * 228,967.45
233,000.00 03/12/2009 0.00 658.71 * Post Mod (1) No Action 05/01/2009 1.750 866.47 01/01/2037 * * 227,776.18
1 Current Values 0 No Action 05/01/2010 1.750 866.47 01/01/2037 N/A N/A 220,725.77
2000255496 04/20/2009 Pre Mod 3 No Action 11/01/2008 8.250 2,165.63 01/01/2037 * * 315,000.00
315,000.00 03/18/2009 0.00 0.00 * Post Mod 0 No Action 04/01/2009 3.000 1,392.14 01/01/2037 * * 314,395.36
1 Current Values 10 No Action 06/01/2009 3.000 1,392.14 01/01/2037 N/A N/A 306,396.08
2000255505 12/22/2008 Pre Mod 0 No Action 10/01/2008 9.390 1,550.93 01/01/2037 * 01/01/2037 192,620.17
193,500.00 10/13/2008 * 52.74 * Post Mod 1 No Action 10/01/2008 6.000 1,072.79 01/01/2037 95,449.71 01/01/2037 192,457.74
1 Current Values 2 No Action 02/01/2010 6.000 1,072.79 01/01/2037 95,449.71 01/01/2037 190,502.17

Page 109
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000255535 05/20/2009 Pre Mod 9 Foreclosure 06/01/2008 9.790 620.71 01/01/2037 * * 71,289.19
72,000.00 05/01/2009 * 0.01 * Post Mod 0 No Action 05/01/2009 1.750 270.40 01/01/2037 * * 71,122.74
1 Current Values 0 No Action 04/01/2010 1.750 270.41 01/01/2037 N/A N/A 68,980.27
2000255536 04/20/2009 Pre Mod 1 No Action 01/01/2009 7.875 1,155.89 01/01/2037 * * 156,720.30
159,792.00 03/12/2009 0.00 0.00 * Post Mod 0 No Action 04/01/2009 3.150 705.17 01/01/2037 * * 156,426.52
1 Current Values 0 No Action 05/01/2010 3.150 705.17 01/01/2037 N/A N/A 152,530.50
2000255540 07/23/2009 Pre Mod (1) No Action 08/01/2009 7.390 1,492.52 01/01/2037 * 01/01/2037 241,870.98
229,600.00 08/01/2009 14,655.68 (1,816.04) 0.00 Post Mod 0 No Action 08/01/2009 2.000 720.68 01/01/2047 * 01/01/2037 243,369.46
1 Current Values 0 No Action 04/01/2010 2.000 720.68 01/01/2047 * 01/01/2037 239,288.14
2000255544 01/21/2009 Pre Mod 7 Foreclosure 04/01/2008 6.000 573.58 01/01/2037 * 01/01/2037 102,772.18
103,500.00 01/06/2009 * (203.11) * Post Mod 8 No Action 04/01/2008 6.000 573.58 01/01/2037 * 01/01/2037 102,915.57
1 Current Values INACTIVE
2000255548 11/20/2009 Pre Mod 0 No Action 09/01/2009 7.740 1,038.55 01/01/2037 * 01/01/2037 151,921.76
153,626.79 10/01/2009 537.93 (382.47) * Post Mod 0 No Action 11/01/2009 3.625 733.71 01/01/2037 * 01/01/2037 152,029.45
1 Current Values 0 No Action 05/01/2010 3.625 733.71 01/01/2037 * 01/01/2037 150,332.68
2000255551 06/23/2009 Pre Mod 7 No Action 09/01/2008 8.340 1,238.69 01/01/2037 * * 161,441.02
163,800.00 06/01/2009 10,067.99 0.00 9,464.37 Post Mod 0 No Action 06/01/2009 1.750 613.79 01/01/2037 * * 161,062.66
1 Current Values 0 No Action 04/01/2010 1.750 613.79 01/01/2037 N/A N/A 156,864.16
2000255556 01/21/2009 Pre Mod 1 No Action 10/01/2008 11.290 497.87 01/01/2037 * * 50,619.70
51,100.00 11/28/2008 * 56.18 * Post Mod 0 No Action 12/01/2008 7.290 353.54 01/01/2037 * * 50,517.49
1 Current Values 0 No Action 05/01/2010 7.290 353.54 01/01/2037 N/A N/A 49,556.41
2000255577 04/20/2010 Pre Mod 10 No Action 04/01/2009 7.670 1,511.10 01/01/2037 * * 207,885.13
212,500.00 01/01/2010 17,236.02 (16,772.44) * Post Mod (1) No Action 05/01/2010 2.000 790.99 04/01/2042 0.00 * 224,213.06
1 Current Values (1) No Action 06/01/2010 2.000 790.99 04/01/2042 N/A N/A 223,795.76
2000255586 02/24/2010 Pre Mod 7 No Action 05/01/2009 6.440 1,070.07 01/01/2037 * * 164,189.35
169,980.00 02/01/2010 9,341.16 (10,788.43) * Post Mod 8 No Action 05/01/2009 3.250 811.77 01/01/2037 0.00 * 174,610.69
1 Current Values 0 No Action 05/01/2010 3.250 811.77 01/01/2037 * 01/01/2037 173,591.34
2000255596 11/19/2008 Pre Mod 1 No Action 08/01/2008 7.090 1,476.99 01/01/2037 * * 216,051.44
220,000.00 11/13/2008 * 901.43 * Post Mod 2 No Action 08/01/2008 6.000 1,328.09 01/01/2037 * * 214,902.18
2000255596 07/20/2009 Pre Mod (1) No Action 08/01/2009 6.000 1,328.09 01/01/2037 * * 213,314.93
220,000.00 08/01/2009 0.00 (153.01) 0.00 Post Mod 0 No Action 08/01/2009 4.875 1,175.70 01/01/2037 * * 213,158.83
2 Current Values 3 No Action 01/01/2010 4.875 1,175.70 01/01/2037 N/A N/A 213,540.01
2000255597 03/22/2010 Pre Mod 6 No Action 07/01/2009 5.000 676.32 01/01/2037 * * 119,411.19
122,550.00 01/01/2010 528.94 (535.57) 7,051.08 Post Mod 0 No Action 03/01/2010 5.000 676.32 01/01/2037 * * 119,767.85
1 Current Values 0 No Action 05/01/2010 5.000 676.32 01/01/2037 N/A N/A 119,412.53

Page 110
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000255599 03/22/2010 Pre Mod 2 No Action 11/01/2009 7.140 1,812.18 01/01/2037 * * 259,745.13
270,000.00 01/01/2010 3,537.83 (4,052.20) * Post Mod 3 No Action 11/01/2009 2.000 1,012.53 08/01/2038 * * 263,217.71
1 Current Values (1) No Action 06/01/2010 2.000 1,012.53 08/01/2038 N/A N/A 261,934.39
2000255600 04/20/2009 Pre Mod 0 No Action 03/01/2009 8.625 592.04 01/01/2037 * * 74,839.82
76,500.00 03/19/2009 0.00 70.60 * Post Mod 0 No Action 04/01/2009 5.500 438.45 01/01/2037 * * 74,673.79
1 Current Values 0 No Action 05/01/2010 5.500 438.45 01/01/2037 N/A N/A 73,388.27
2000255605 05/20/2009 Pre Mod 6 Foreclosure 09/01/2008 9.490 554.49 01/01/2037 * * 65,334.62
66,000.00 05/01/2009 * 0.00 * Post Mod (1) No Action 06/01/2009 1.750 247.82 01/01/2037 * * 65,182.08
1 Current Values 0 No Action 04/01/2010 1.750 247.82 01/01/2037 N/A N/A 63,334.15
2000255612 05/19/2009 Pre Mod 6 No Action 09/01/2008 9.290 842.08 01/01/2037 * * 100,432.00
102,000.00 05/01/2009 6,237.62 (500.32) 0.00 Post Mod 7 No Action 09/01/2008 3.000 446.92 01/01/2037 * * 100,736.48
2000255612 06/23/2009 Pre Mod 7 No Action 09/01/2008 3.000 446.92 01/01/2037 * * 100,736.48
102,000.00 05/01/2009 6,237.62 0.00 5,900.87 Post Mod 0 No Action 06/01/2009 3.000 446.92 01/01/2037 * * 100,541.40
2 Current Values 1 No Action 03/01/2010 3.000 446.92 01/01/2037 N/A N/A 98,363.07
2000255634 04/20/2009 Pre Mod 4 No Action 10/01/2008 9.000 977.47 12/01/2036 * * 120,096.92
122,400.00 03/02/2009 0.00 0.00 * Post Mod 0 No Action 04/01/2009 1.500 441.12 12/01/2036 * * 119,805.92
1 Current Values 8 REO 08/01/2009 1.500 441.12 12/01/2036 N/A N/A 115,989.67
2000255636 02/24/2010 Pre Mod 1 No Action 11/20/2009 6.540 1,992.97 12/20/2036 * * 302,830.24
314,000.00 02/01/2010 1,399.98 (2,086.88) * Post Mod 2 No Action 11/20/2009 4.250 1,586.20 12/01/2036 0.00 * 304,403.44
1 Current Values 0 No Action 06/01/2010 4.250 1,586.20 11/20/2036 * 12/01/2036 302,873.73
2000255639 03/22/2010 Pre Mod 10 No Action 03/01/2009 8.460 2,143.20 01/01/2037 * * 304,000.00
304,000.00 01/01/2010 28,335.34 (27,899.12) * Post Mod 11 No Action 03/01/2009 2.000 1,036.53 04/01/2048 * * 331,369.26
1 Current Values 2 No Action 02/01/2010 2.000 1,036.53 04/01/2048 N/A N/A 330,399.96
2000255647 06/23/2009 Pre Mod 2 No Action 02/20/2009 10.750 2,141.18 12/20/2036 * * 226,642.42
230,000.00 05/20/2009 6,096.88 (6,444.96) 0.00 Post Mod 3 No Action 02/20/2009 4.000 1,161.73 12/01/2036 * * 232,681.12
1 Current Values 2 No Action 02/20/2010 4.000 1,161.73 11/20/2036 N/A N/A 228,315.34
2000255674 03/19/2009 Pre Mod 6 No Action 07/01/2008 7.990 3,298.81 01/01/2037 * * 441,792.74
450,000.00 03/01/2009 0.00 (2,792.05) 0.00 Post Mod 0 No Action 03/01/2009 5.990 2,734.98 01/01/2037 * * 443,405.13
1 Current Values 4 Foreclosure 12/01/2009 5.990 2,734.98 01/01/2037 N/A N/A 435,514.08
2000255692 04/20/2009 Pre Mod 7 No Action 07/01/2008 9.375 2,270.45 01/01/2037 * 01/01/2037 282,948.97
284,500.00 03/01/2009 0.00 0.00 * Post Mod 0 No Action 04/01/2009 4.000 1,210.31 01/01/2047 * 01/01/2037 282,681.82
1 Current Values 0 No Action 04/01/2010 4.000 1,210.31 01/01/2047 * 01/01/2037 279,126.78
2000255700 06/23/2009 Pre Mod 5 No Action 11/01/2008 8.875 1,879.17 01/01/2037 * 01/01/2037 245,559.16
247,500.00 06/01/2009 11,726.24 0.00 11,010.80 Post Mod (1) No Action 07/01/2009 2.290 811.33 01/01/2047 * 01/01/2037 245,216.44
1 Current Values 0 No Action 05/01/2010 2.290 811.33 01/01/2047 * 01/01/2037 241,260.92

Page 111
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000255703 07/23/2009 Pre Mod 6 No Action 11/01/2008 8.875 1,767.65 12/01/2036 * * 217,999.99
218,000.00 07/01/2009 12,283.01 (12,283.01) 0.00 Post Mod (1) No Action 08/01/2009 5.250 953.75 12/01/2036 * * 230,283.00
1 Current Values 0 No Action 05/01/2010 5.250 1,013.14 12/01/2036 N/A N/A 231,575.95
2000255705 05/20/2009 Pre Mod 3 No Action 12/01/2008 9.625 4,439.45 01/01/2037 * * 553,489.50
553,500.00 05/01/2009 * 0.00 * Post Mod 0 No Action 05/01/2009 5.000 2,306.21 01/01/2037 * * 553,489.50
1 Current Values 0 No Action 05/01/2010 5.000 2,304.98 01/01/2037 N/A N/A 553,194.57
2000255708 05/20/2009 Pre Mod 1 No Action 02/01/2009 9.640 1,848.23 12/01/2036 * * 230,070.66
230,100.00 05/01/2009 * 0.00 * Post Mod 0 No Action 05/01/2009 5.000 958.63 12/01/2036 * * 230,067.01
1 Current Values 0 No Action 05/01/2010 5.000 958.38 12/01/2036 N/A N/A 229,927.68
2000255709 11/20/2009 Pre Mod 17 No Action 05/01/2008 6.490 1,535.97 12/01/2036 * * 293,243.71
284,000.00 12/01/2009 0.00 0.00 * Post Mod 0 No Action 12/01/2009 5.375 1,272.08 12/01/2036 * * 293,243.71
1 Current Values 0 No Action 04/01/2010 5.375 1,313.49 12/01/2036 N/A N/A 293,243.71
2000255730 08/20/2009 Pre Mod 0 No Action 07/01/2009 8.170 1,064.99 01/01/2037 * 01/01/2037 149,039.74
150,400.00 08/01/2009 0.00 0.00 0.00 Post Mod 0 No Action 08/01/2009 8.170 1,064.97 01/01/2047 0.00 01/01/2037 148,989.48
1 Current Values 0 No Action 05/01/2010 8.170 1,064.97 01/01/2047 N/A N/A 148,521.49
2000255737 09/24/2009 Pre Mod 0 No Action 08/01/2009 7.550 1,062.47 01/01/2037 * 01/01/2037 160,762.84
160,550.00 10/01/2009 1,997.40 3.96 0.00 Post Mod (1) No Action 11/01/2009 2.375 534.74 01/01/2047 * 01/01/2037 160,542.32
1 Current Values 0 No Action 05/01/2010 2.375 534.74 01/01/2047 * 01/01/2037 158,986.43
2000255738 07/23/2009 Pre Mod (1) No Action 08/01/2009 8.640 977.41 01/01/2037 * 01/01/2037 151,406.70
131,400.00 08/01/2009 20,584.59 (1,499.15) 0.00 Post Mod 0 No Action 08/01/2009 5.000 646.02 01/01/2047 * 01/01/2037 152,890.69
1 Current Values 4 No Action 12/01/2009 5.000 646.02 01/01/2047 * 01/01/2037 151,976.78
2000255753 06/23/2009 Pre Mod 2 No Action 03/01/2009 8.875 1,344.20 12/01/2036 * 12/01/2036 175,297.52
176,800.00 07/01/2009 5,768.43 0.00 5,129.62 Post Mod 0 No Action 07/01/2009 7.500 1,166.26 12/01/2046 * 12/01/2036 175,226.87
1 Current Values 6 Foreclosure 10/01/2009 7.500 1,166.26 12/01/2046 * 12/01/2036 180,323.05
2000255759 07/23/2009 Pre Mod 3 No Action 02/01/2009 9.250 1,814.88 01/01/2037 * * 235,443.62
235,450.00 07/01/2009 8,318.20 (8,038.69) 0.00 Post Mod 0 No Action 07/01/2009 6.000 1,456.73 01/01/2037 * * 243,482.31
2000255759 02/24/2010 Pre Mod 2 No Action 10/01/2009 6.000 1,456.73 01/01/2037 * * 246,282.20
235,450.00 01/01/2010 15,270.84 (15,416.75) * Post Mod 0 No Action 02/01/2010 2.000 848.47 08/01/2043 0.00 * 261,260.95
2 Current Values 0 No Action 05/01/2010 2.000 848.47 08/01/2043 * 08/01/2043 259,955.55
2000255761 05/20/2009 Pre Mod 2 No Action 01/01/2009 8.625 2,213.49 01/01/2037 * 01/01/2037 296,341.40
299,200.00 05/01/2009 * (2.54) * Post Mod 0 No Action 05/01/2009 2.000 932.42 01/01/2047 * 01/01/2037 295,549.43
1 Current Values 0 No Action 05/01/2010 2.000 932.42 01/01/2047 * 01/01/2037 289,783.53
2000255765 02/24/2010 Pre Mod 2 No Action 10/01/2009 7.840 1,486.92 12/01/2036 * 12/01/2036 214,877.45
217,600.00 02/01/2010 5,699.97 (5,973.78) * Post Mod 2 No Action 11/01/2009 5.625 1,328.41 12/01/2036 0.00 12/01/2036 220,530.06
1 Current Values 0 No Action 04/01/2010 5.625 1,328.41 12/01/2036 * 12/01/2036 219,476.22

Page 112
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000255767 08/20/2009 Pre Mod 2 No Action 04/01/2009 7.190 1,464.73 12/01/2036 * * 210,209.74
216,000.00 08/01/2009 5,050.17 (5,861.87) 0.00 Post Mod 3 No Action 04/01/2009 4.375 1,102.21 12/01/2036 * * 215,735.79
1 Current Values 0 No Action 04/01/2010 4.375 1,102.21 12/01/2036 N/A N/A 212,684.80
2000255769 04/20/2009 Pre Mod 5 No Action 09/01/2008 10.500 3,258.57 12/01/2036 * 12/01/2036 365,840.42
368,000.00 03/01/2009 0.00 0.00 * Post Mod 0 No Action 04/01/2009 5.000 1,797.66 12/01/2046 * 12/01/2036 365,567.10
1 Current Values 0 No Action 05/01/2010 5.000 1,797.66 12/01/2046 * 12/01/2036 361,873.76
2000255778 04/21/2010 Pre Mod 0 No Action 03/01/2010 9.090 1,366.13 12/01/2036 * * 164,595.82
174,400.00 04/01/2010 1,374.39 (0.01) * Post Mod 0 No Action 04/01/2010 5.226 953.00 12/01/2036 * * 164,359.60
1 Current Values 0 No Action 05/01/2010 5.226 953.00 12/01/2036 N/A N/A 164,122.35
2000255779 08/20/2009 Pre Mod (1) No Action 08/01/2009 7.040 871.73 01/01/2037 * * 125,389.58
130,500.00 08/01/2009 0.00 0.00 0.00 Post Mod (1) No Action 09/01/2009 7.040 860.47 01/01/2037 0.00 * 125,248.61
1 Current Values 0 No Action 05/01/2010 7.040 860.47 01/01/2037 N/A N/A 124,090.59
2000255782 08/20/2009 Pre Mod 2 No Action 04/01/2009 8.000 2,056.16 01/01/2037 * * 273,999.13
274,000.00 08/01/2009 8,219.96 (8,219.96) 0.00 Post Mod 3 No Action 04/01/2009 5.750 1,312.91 01/01/2037 * * 282,219.09
1 Current Values 0 No Action 05/01/2010 5.750 1,352.30 01/01/2037 N/A N/A 282,219.09
2000255785 04/21/2010 Pre Mod 6 No Action 08/01/2009 6.890 1,744.97 12/01/2036 * * 303,913.00
304,000.00 04/01/2010 14,288.63 (14,363.23) 151.29 Post Mod (1) No Action 05/01/2010 6.266 2,046.00 12/01/2036 * * 317,817.16
1 Current Values (1) No Action 06/01/2010 6.266 2,046.00 12/01/2036 N/A N/A 317,430.69
2000255811 06/23/2009 Pre Mod 0 No Action 05/01/2009 7.190 1,359.22 01/01/2037 * 01/01/2037 211,699.20
214,000.00 07/01/2009 2,536.32 0.00 1,769.73 Post Mod (1) No Action 08/01/2009 3.843 887.91 01/01/2047 * 01/01/2037 211,489.26
1 Current Values 0 No Action 05/01/2010 3.843 887.91 01/01/2047 * 01/01/2037 211,388.86
2000255820 02/20/2009 Pre Mod 4 No Action 08/01/2008 6.540 1,126.21 12/01/2036 * 12/01/2036 188,843.76
191,120.00 11/01/2008 * (660.91) * Post Mod 5 No Action 08/01/2008 6.540 1,126.21 12/01/2036 98,428.85 12/01/2036 189,407.66
1 Current Values 6 No Action 10/01/2009 6.540 1,126.21 12/01/2036 98,428.85 12/01/2036 186,877.78
2000255821 01/21/2010 Pre Mod 11 No Action 12/01/2008 7.990 1,518.10 01/01/2037 * * 228,000.00
228,000.00 01/01/2010 22,731.23 (22,563.75) * Post Mod 0 No Action 01/01/2010 2.000 372.48 12/01/2049 * * 250,563.75
1 Current Values 0 No Action 05/01/2010 2.000 372.48 12/01/2049 N/A N/A 249,824.34
2000255824 04/20/2010 Pre Mod 25 Foreclosure 01/01/2008 7.500 1,670.89 12/01/2036 * * 231,163.11
238,400.00 02/01/2010 49,548.36 (54,228.52) * Post Mod 27 Foreclosure 12/01/2007 2.000 521.95 02/01/2050 0.00 * 285,254.95
1 Current Values 0 Foreclosure 05/01/2010 2.000 521.95 02/01/2050 N/A N/A 285,019.48
2000255825 01/21/2010 Pre Mod 10 Foreclosure 01/01/2009 8.750 2,258.39 12/01/2036 * 12/01/2036 297,417.66
300,000.00 12/01/2009 38,200.78 (38,204.40) * Post Mod 11 No Action 01/01/2009 2.250 1,382.82 12/01/2036 * 12/01/2036 334,796.90
1 Current Values 0 No Action 04/01/2010 2.250 1,382.82 12/01/2036 * 12/01/2036 331,768.09
2000255827 11/20/2009 Pre Mod 4 No Action 06/01/2009 9.290 761.59 12/08/2036 * * 92,426.25
92,250.00 12/01/2009 0.00 (343.04) * Post Mod 0 No Action 12/08/2009 4.625 489.01 12/08/2036 * * 92,636.51
1 Current Values 1 No Action 03/08/2010 4.625 489.01 12/08/2036 N/A N/A 91,930.74

Page 113
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000255830 12/22/2008 Pre Mod 1 No Action 09/01/2008 9.090 778.30 01/01/2037 * 01/01/2037 99,504.09
100,000.00 09/01/2008 * 0.00 * Post Mod 2 No Action 09/01/2008 7.090 645.14 01/01/2037 37,517.82 01/01/2037 99,446.85
2000255830 03/22/2010 Pre Mod 2 No Action 11/01/2009 7.090 645.14 01/01/2037 37,517.82 01/01/2037 98,688.39
100,000.00 01/01/2010 2,342.56 (2,438.99) * Post Mod 3 No Action 11/01/2009 4.625 547.87 01/01/2037 37,517.82 01/01/2037 100,959.87
2 Current Values 0 No Action 04/01/2010 4.625 547.87 01/01/2037 37,517.82 01/01/2037 100,641.75
2000255861 04/21/2010 Pre Mod 4 No Action 10/01/2009 7.690 1,278.94 01/01/2037 * * 185,971.95
180,000.00 04/01/2010 11,153.59 0.00 * Post Mod 0 No Action 04/01/2010 7.092 1,293.00 01/01/2037 * * 185,778.06
1 Current Values 0 No Action 05/01/2010 7.092 1,293.00 01/01/2037 N/A N/A 185,583.03
2000255876 01/21/2010 Pre Mod 11 No Action 12/01/2008 7.840 1,818.40 12/01/2036 * * 244,579.54
244,800.00 01/01/2010 20,022.48 (19,930.43) * Post Mod (1) No Action 02/01/2010 2.000 573.39 12/01/2049 * * 264,344.21
1 Current Values (1) No Action 06/01/2010 2.000 573.39 12/01/2049 N/A N/A 263,308.67
2000255886 02/20/2009 Pre Mod 3 No Action 10/01/2008 8.625 2,924.44 01/01/2037 * * 371,641.10
380,000.00 03/01/2009 * 0.00 * Post Mod 0 No Action 03/01/2009 5.500 2,173.08 01/01/2037 * * 371,171.38
1 Current Values 2 No Action 02/01/2010 5.500 2,173.08 01/01/2037 N/A N/A 364,267.44
2000255889 03/22/2010 Pre Mod 5 No Action 08/01/2009 8.990 1,957.37 01/01/2037 * * 237,826.37
243,100.00 02/01/2010 16,016.79 (17,124.63) * Post Mod 6 No Action 08/01/2009 2.000 946.08 12/01/2039 * * 254,401.30
1 Current Values 0 No Action 04/01/2010 2.000 946.08 12/01/2039 N/A N/A 253,356.27
2000255891 01/21/2010 Pre Mod 2 No Action 09/01/2009 8.125 804.72 01/01/2037 * * 105,590.95
108,500.00 01/01/2010 4,285.74 (4,651.96) * Post Mod 3 No Action 09/01/2009 3.250 510.48 01/01/2037 * * 110,018.41
1 Current Values 0 No Action 05/01/2010 3.250 510.48 01/01/2037 N/A N/A 108,962.95
2000255911 05/20/2009 Pre Mod 4 No Action 11/01/2008 10.125 3,059.18 01/01/2037 * 01/01/2037 355,017.41
357,000.00 05/01/2009 * 0.00 * Post Mod 0 No Action 05/01/2009 5.000 1,744.47 01/01/2047 * 01/01/2037 354,752.18
1 Current Values 5 Foreclosure 11/01/2009 5.000 1,744.47 01/01/2047 * 01/01/2037 351,434.27
2000255912 06/23/2009 Pre Mod 5 No Action 11/07/2008 10.500 1,709.08 12/07/2036 * 12/07/2036 191,764.27
192,950.00 05/07/2009 9,371.07 1.79 9,905.12 Post Mod (2) No Action 08/07/2009 2.000 593.81 12/01/2047 * 12/07/2036 191,100.70
1 Current Values 0 No Action 05/07/2010 2.000 593.81 11/07/2047 * 12/07/2036 188,017.04
2000255926 05/20/2009 Pre Mod 1 No Action 02/01/2009 10.500 1,538.39 01/01/2037 * 01/01/2037 172,506.76
173,500.00 05/01/2009 * 0.00 * Post Mod (1) No Action 06/01/2009 1.750 520.61 01/01/2047 * 01/01/2037 172,237.72
1 Current Values 0 No Action 04/01/2010 1.750 520.61 01/01/2047 * 01/01/2037 168,950.55
2000255932 05/20/2009 Pre Mod 5 Foreclosure 10/01/2008 8.375 1,605.16 01/01/2037 * * 229,993.30
230,000.00 05/01/2009 * 0.00 * Post Mod 0 No Action 05/01/2009 2.000 383.32 01/01/2037 * * 229,461.29
1 Current Values 0 No Action 05/01/2010 2.000 383.32 01/01/2037 N/A N/A 229,993.30
2000255933 02/24/2010 Pre Mod 3 No Action 09/01/2009 6.490 1,262.83 01/01/2037 * * 192,821.23
200,000.00 12/01/2009 2,352.48 (2,877.44) * Post Mod 0 No Action 01/01/2010 5.000 1,101.79 01/01/2037 0.00 * 195,400.30
1 Current Values 0 No Action 04/01/2010 5.000 1,101.79 01/01/2037 * 01/01/2037 194,533.84

Page 114
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000255938 05/19/2009 Pre Mod 9 Bankruptcy 06/01/2008 10.125 2,699.62 01/01/2037 * 01/01/2037 312,841.50
315,000.00 05/01/2009 25,870.01 (879.95) 0.00 Post Mod 0 Bankruptcy 05/01/2009 6.000 1,751.46 01/01/2047 * 01/01/2037 313,534.20
2000255938 02/24/2010 Pre Mod 0 No Action 01/01/2010 5.912 1,751.46 01/01/2047 * 01/01/2037 315,423.06
315,000.00 12/01/2009 3,397.80 (0.12) 0.00 Post Mod 0 No Action 02/01/2010 5.911 1,751.46 01/01/2047 * 01/01/2037 315,225.44
2 Current Values 0 No Action 05/01/2010 5.911 1,751.46 01/01/2047 * 01/01/2037 314,626.73
2000255950 01/21/2010 Pre Mod 1 No Action 10/01/2009 8.875 602.96 01/01/2037 * 01/01/2037 78,457.30
79,200.00 12/01/2009 1,224.08 (98.45) * Post Mod 2 No Action 10/01/2009 6.375 515.25 01/01/2037 * 01/01/2037 78,457.30
1 Current Values 0 No Action 05/01/2010 6.375 515.25 01/01/2037 * 01/01/2037 78,971.47
2000255951 02/24/2010 Pre Mod 0 No Action 01/01/2010 7.630 1,068.32 01/01/2037 * 01/01/2037 159,016.50
160,000.00 12/01/2009 1,074.66 (0.03) 0.00 Post Mod 0 No Action 02/01/2010 7.567 1,068.31 01/01/2047 * 01/01/2037 158,950.95
1 Current Values INACTIVE
2000255955 05/20/2009 Pre Mod 4 No Action 11/01/2008 9.000 1,259.61 01/01/2037 * * 167,947.91
168,000.00 05/01/2009 * 0.00 * Post Mod 0 No Action 05/01/2009 6.000 839.74 01/01/2037 * * 167,639.75
1 Current Values 0 No Action 05/01/2010 6.000 838.20 01/01/2037 N/A N/A 167,639.75
2000255958 02/24/2010 Pre Mod 3 Bankruptcy 09/01/2009 8.740 502.85 01/01/2037 * * 66,413.17
63,920.00 02/01/2010 3,998.45 0.00 883.70 Post Mod 0 No Action 02/01/2010 6.040 374.42 01/01/2037 34,072.48 01/01/2037 66,373.03
1 Current Values 0 No Action 05/01/2010 6.040 374.42 01/01/2037 34,072.48 01/01/2037 66,247.41
2000255959 05/20/2009 Pre Mod 3 No Action 12/01/2008 7.290 1,338.23 01/01/2037 * 01/01/2037 206,456.79
208,250.00 05/01/2009 * 0.00 * Post Mod 0 No Action 05/01/2009 5.000 1,014.48 01/01/2047 * 01/01/2037 206,302.55
1 Current Values 10 Foreclosure 06/01/2009 5.000 1,014.48 01/01/2047 * 01/01/2037 204,362.89
2000255966 04/20/2009 Pre Mod 2 No Action 12/01/2008 9.625 2,454.37 01/01/2037 * * 305,999.23
306,000.00 03/13/2009 0.00 0.00 * Post Mod (1) No Action 05/01/2009 7.940 2,024.69 01/01/2037 * * 305,999.23
1 Current Values 7 No Action 09/01/2009 7.940 2,024.69 01/01/2037 N/A N/A 305,999.23
2000255970 06/23/2009 Pre Mod 3 No Action 01/01/2009 7.625 2,811.12 01/01/2037 * * 388,388.50
400,000.00 06/01/2009 11,837.52 (1,802.65) 11,024.35 Post Mod 4 No Action 01/01/2009 1.750 1,483.48 01/01/2037 * * 389,274.07
1 Current Values 7 No Action 09/01/2009 1.750 1,483.48 01/01/2037 N/A N/A 390,964.14
2000255975 03/22/2010 Pre Mod 13 No Action 12/01/2008 6.990 1,306.14 01/01/2037 * 01/01/2037 207,120.09
210,400.00 01/01/2010 24,716.12 (25,573.33) * Post Mod (1) No Action 04/01/2010 4.375 1,226.66 01/01/2037 * 01/01/2037 232,221.89
1 Current Values 0 No Action 05/01/2010 4.375 1,226.66 01/01/2037 * 01/01/2037 231,460.47
2000255979 04/20/2009 Pre Mod 6 Foreclosure 08/01/2008 8.750 2,012.50 01/01/2037 * * 276,000.00
276,000.00 03/19/2009 0.00 0.00 * Post Mod 0 No Action 04/01/2009 4.250 977.50 01/01/2037 * * 276,000.00
1 Current Values 0 No Action 04/01/2010 4.250 977.50 01/01/2037 N/A N/A 276,000.00
2000255984 02/24/2010 Pre Mod 14 Foreclosure 10/01/2008 7.090 1,289.56 01/01/2037 * 01/01/2037 202,376.51
204,155.00 02/01/2010 24,825.57 (25,028.48) * Post Mod 0 No Action 02/01/2010 2.000 670.49 01/01/1950 0.00 01/01/2037 227,071.79
1 Current Values 0 No Action 05/01/2010 2.000 670.49 01/01/1950 N/A N/A 226,164.37

Page 115
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000255994 04/20/2009 Pre Mod 4 Foreclosure 10/01/2008 8.875 3,067.44 01/01/2037 * 01/01/2037 400,993.56
404,000.00 03/02/2009 0.00 0.00 * Post Mod 0 No Action 04/01/2009 5.000 1,968.93 01/01/2047 * 01/01/2037 400,695.44
1 Current Values 0 No Action 05/01/2010 5.000 1,968.93 01/01/2047 * 01/01/2037 396,704.88
2000255996 04/20/2010 Pre Mod 12 Foreclosure 02/01/2009 6.440 1,072.18 01/01/2037 * * 199,785.44
200,000.00 02/01/2010 23,562.36 (23,372.86) * Post Mod 13 Foreclosure 02/01/2009 2.000 210.56 02/01/2050 0.00 * 223,158.30
1 Current Values (1) Foreclosure 06/01/2010 2.000 371.93 02/01/2050 N/A N/A 223,063.31
2000256003 02/24/2010 Pre Mod 0 No Action 01/01/2010 6.990 901.99 01/01/2037 * * 131,855.49
135,900.00 12/01/2009 595.49 0.04 0.00 Post Mod 0 No Action 01/01/2010 6.943 901.99 01/01/2037 * * 131,716.35
1 Current Values 0 No Action 05/01/2010 6.943 901.99 01/01/2037 N/A N/A 131,294.07
2000256009 04/20/2009 Pre Mod 2 No Action 12/01/2008 8.625 1,568.18 12/01/2036 * 12/01/2036 209,674.20
212,320.00 03/30/2009 0.00 (201.03) * Post Mod 0 No Action 04/01/2009 4.000 898.95 12/01/2046 * 12/01/2036 209,675.19
1 Current Values (1) No Action 06/01/2010 4.000 898.95 12/01/2046 * 12/01/2036 207,022.12
2000256014 07/23/2009 Pre Mod (1) No Action 08/01/2009 7.270 2,088.88 12/01/2036 * * 299,396.69
305,600.00 08/01/2009 2,287.47 (1,040.73) 0.00 Post Mod 0 No Action 08/01/2009 2.250 1,214.44 12/01/2036 * * 299,784.35
1 Current Values 0 No Action 05/01/2010 2.250 1,214.44 12/01/2036 N/A N/A 293,764.67
2000256024 01/21/2009 Pre Mod 11 Foreclosure 12/01/2007 10.875 1,860.21 12/01/2036 * * 232,006.85
235,600.00 01/01/2009 * (2,093.13) * Post Mod 12 No Action 12/01/2007 10.875 2,209.16 12/01/2036 * * 233,993.38
1 Current Values 2 No Action 02/01/2010 5.000 1,297.10 12/01/2036 N/A N/A 227,240.93
2000256031 09/24/2009 Pre Mod 8 Foreclosure 11/01/2008 7.750 1,912.32 12/01/2036 * * 260,257.88
268,000.00 09/01/2009 17,683.39 (19,976.22) 0.00 Post Mod 9 No Action 11/01/2008 2.375 1,088.19 12/01/2036 * * 279,661.00
1 Current Values 0 No Action 05/01/2010 2.375 1,088.19 12/01/2036 N/A N/A 275,068.92
2000256039 05/22/2009 Pre Mod 6 Bankruptcy 09/01/2008 9.000 1,728.72 01/01/2037 * * 211,351.19
216,000.00 05/01/2009 * 0.00 * Post Mod 6 Bankruptcy 10/01/2008 1.750 806.82 01/01/2037 * * 210,852.59
2000256039 07/20/2009 Pre Mod 6 Bankruptcy 11/01/2008 1.750 806.82 01/01/2037 * * 210,353.26
216,000.00 05/01/2009 0.00 (1,362.46) 0.00 Post Mod (2) Bankruptcy 09/01/2009 1.750 806.82 01/01/2037 * * 211,215.67
2 Current Values 2 Bankruptcy 02/01/2010 1.750 806.82 01/01/2037 N/A N/A 217,470.25
2000256043 02/20/2009 Pre Mod 1 No Action 12/01/2008 9.500 1,338.78 01/01/2037 * * 157,410.55
160,000.00 03/01/2009 * 0.00 * Post Mod 0 No Action 03/01/2009 7.890 1,164.60 01/01/2037 * * 157,280.92
1 Current Values INACTIVE
2000256052 05/20/2009 Pre Mod 2 No Action 01/01/2009 10.125 1,924.17 12/01/2036 * 12/01/2036 223,106.67
224,910.00 05/01/2009 * (0.23) * Post Mod 0 No Action 05/01/2009 5.250 1,133.68 12/01/2046 * 12/01/2036 222,921.41
1 Current Values 0 No Action 05/01/2010 5.250 1,133.68 12/01/2046 * 12/01/2036 220,927.14
2000256053 05/20/2009 Pre Mod 2 No Action 01/01/2009 10.625 1,250.10 01/01/2037 * 01/01/2037 138,686.84
139,500.00 05/01/2009 * 0.00 * Post Mod (1) No Action 06/01/2009 2.000 436.37 01/01/2047 * 01/01/2037 138,243.14
1 Current Values 0 No Action 05/01/2010 2.000 436.37 01/01/2047 * 01/01/2037 135,603.80

Page 116
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000256059 05/19/2009 Pre Mod 9 Foreclosure 06/01/2008 10.625 830.26 01/01/2037 * * 88,791.22
90,015.00 05/01/2009 8,226.22 (519.35) 0.00 Post Mod 0 No Action 05/01/2009 9.799 781.32 01/01/2037 * * 89,254.28
1 Current Values 9 Foreclosure 07/01/2009 9.799 781.32 01/01/2037 N/A N/A 88,595.38
2000256063 04/20/2010 Pre Mod 4 No Action 10/01/2009 8.990 1,763.41 01/01/2037 * 01/01/2037 226,693.56
228,650.00 01/01/2010 7,287.18 (7,026.08) * Post Mod (1) No Action 05/01/2010 2.000 636.92 01/01/2050 0.00 01/01/2037 233,460.54
1 Current Values (1) No Action 06/01/2010 2.000 636.92 01/01/2050 N/A N/A 233,172.73
2000256070 11/23/2009 Pre Mod 4 No Action 05/01/2009 6.440 2,010.01 01/01/2037 * * 319,395.15
320,000.00 11/01/2009 * 40.62 * Post Mod 22 No Action 12/01/2007 4.875 1,717.66 10/01/2036 * * 318,934.41
1 Current Values 0 No Action 05/01/2010 4.875 1,717.66 10/01/2036 N/A N/A 315,966.31
2000256072 02/19/2010 Pre Mod (1) No Action 02/01/2010 7.590 961.08 01/01/2037 * * 138,899.71
136,000.00 11/01/2009 * 0.00 * Post Mod 0 No Action 02/01/2010 6.040 779.06 01/01/2037 * * 138,819.78
1 Current Values 0 No Action 04/01/2010 6.040 779.06 01/01/2037 N/A N/A 138,577.57
2000256076 02/24/2010 Pre Mod 3 No Action 09/01/2009 8.640 1,043.28 01/01/2037 * * 130,723.13
133,950.00 12/01/2009 3,245.31 (3,529.71) * Post Mod 0 No Action 01/01/2010 7.875 1,001.13 01/01/2037 0.00 * 134,109.58
1 Current Values 0 No Action 04/01/2010 7.875 1,001.13 01/01/2037 * 01/01/2037 133,744.08
2000256081 06/23/2009 Pre Mod 9 Foreclosure 07/01/2008 9.640 874.50 01/01/2037 * * 101,215.97
102,750.00 06/01/2009 8,975.58 (644.86) 8,509.38 Post Mod 0 No Action 06/01/2009 1.750 387.26 01/01/2037 * * 101,621.18
1 Current Values (1) No Action 06/01/2010 1.750 387.26 01/01/2037 N/A N/A 98,972.24
2000256090 05/20/2009 Pre Mod 8 Foreclosure 07/01/2008 9.625 1,903.77 01/01/2037 * * 222,367.20
225,250.00 05/01/2009 * 0.00 * Post Mod (2) No Action 07/01/2009 1.750 843.46 01/01/2037 * * 221,848.03
1 Current Values 0 No Action 05/01/2010 1.750 843.46 01/01/2037 N/A N/A 215,314.05
2000256108 08/21/2008 Pre Mod * * * * * * * * *
252,000.00 07/01/2008 * (4,396.51) * Post Mod 0 No Action 08/01/2008 8.090 1,897.60 * * * 252,848.09
1 Current Values 0 No Action 04/01/2010 8.090 1,897.60 01/01/2037 N/A N/A 270,560.53
2000256115 01/21/2010 Pre Mod 5 No Action 06/01/2009 8.250 878.84 01/01/2037 * 01/01/2037 121,772.06
123,200.00 12/01/2009 4,522.37 (4,541.27) * Post Mod 0 No Action 01/01/2010 2.875 559.80 01/01/2037 * 01/01/2037 126,045.28
1 Current Values 0 No Action 05/01/2010 2.875 559.80 01/01/2037 * 01/01/2037 125,010.31
2000256117 05/20/2009 Pre Mod 10 No Action 05/01/2008 8.125 1,179.26 01/01/2037 * 01/01/2037 166,865.97
168,000.00 05/01/2009 * 0.00 * Post Mod 0 No Action 05/01/2009 4.500 766.37 01/01/2047 * 01/01/2037 166,725.35
1 Current Values 2 Bankruptcy 02/01/2010 4.500 766.37 01/01/2047 * 01/01/2037 164,994.73
2000256125 04/21/2010 Pre Mod 7 No Action 07/01/2009 10.190 657.68 01/01/2037 * * 72,361.66
73,760.00 01/01/2010 317.70 (287.06) 3,047.26 Post Mod 2 Foreclosure 01/01/2010 10.190 660.26 01/01/2037 * * 72,602.93
1 Current Values 3 Foreclosure 01/01/2010 10.190 660.26 01/01/2037 N/A N/A 72,559.19
2000256130 04/20/2009 Pre Mod 2 No Action 12/01/2008 8.625 1,391.16 01/01/2037 * 01/01/2037 186,328.36
188,000.00 03/02/2009 0.00 0.00 * Post Mod 0 No Action 04/01/2009 4.500 855.03 01/01/2047 * 01/01/2037 186,172.06
1 Current Values 0 No Action 04/01/2010 4.500 855.03 01/01/2047 * 01/01/2037 183,227.42

Page 117
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000256144 04/20/2009 Pre Mod 5 No Action 09/01/2008 8.500 2,023.47 01/01/2037 * * 258,627.05
264,640.00 03/26/2009 0.00 (1,624.64) * Post Mod 0 No Action 04/01/2009 5.000 1,444.61 01/01/2037 * * 259,884.69
2000256144 01/21/2010 Pre Mod 3 No Action 08/01/2009 5.000 1,444.61 01/01/2037 * * 256,948.07
264,640.00 12/01/2009 16,960.73 (18,304.71) * Post Mod 0 No Action 12/01/2009 3.000 1,237.88 01/01/2037 * * 274,657.27
2 Current Values 0 No Action 04/01/2010 3.000 1,237.88 01/01/2037 N/A N/A 272,327.78
2000256145 07/23/2009 Pre Mod (1) No Action 08/01/2009 7.625 1,082.19 12/01/2036 * * 157,354.98
154,500.00 08/01/2009 7,522.68 (731.28) 0.00 Post Mod 0 No Action 08/01/2009 5.100 847.84 12/01/2036 * * 157,907.18
1 Current Values 0 No Action 05/01/2010 5.100 847.84 12/01/2036 N/A N/A 155,976.02
2000256147 02/20/2009 Pre Mod 9 Foreclosure 03/01/2008 8.990 2,367.50 12/01/2036 * * 290,085.92
294,500.00 02/01/2009 * (2,059.28) * Post Mod 10 No Action 03/01/2008 8.990 2,384.17 12/01/2036 * * 291,934.26
1 Current Values 3 Bankruptcy 01/01/2010 8.990 2,384.17 12/01/2036 N/A N/A 288,817.63
2000256155 05/20/2009 Pre Mod 3 No Action 12/01/2008 7.750 2,324.75 01/01/2037 * * 359,961.48
360,000.00 05/01/2009 * 809.47 * Post Mod 0 No Action 05/01/2009 2.000 1,409.41 01/01/2037 * * 359,152.01
1 Current Values 0 No Action 05/01/2010 2.000 1,409.41 01/01/2037 N/A N/A 349,284.64
2000256158 02/24/2010 Pre Mod 16 Foreclosure 08/01/2008 6.490 2,888.71 01/01/2037 * * 441,079.16
457,500.00 02/01/2010 54,928.06 (63,283.64) * Post Mod 0 No Action 02/01/2010 2.000 875.84 01/01/1950 0.00 * 504,222.09
1 Current Values 0 No Action 05/01/2010 2.000 875.84 01/01/1950 N/A N/A 503,036.75
2000256159 02/24/2010 Pre Mod 7 No Action 05/01/2009 7.840 1,539.10 01/01/2037 * 01/01/2037 222,501.72
225,000.00 02/01/2010 13,436.58 (13,940.96) * Post Mod 7 No Action 06/01/2009 2.000 606.60 01/01/1950 0.00 01/01/2037 236,206.92
1 Current Values 0 No Action 05/01/2010 2.000 606.60 01/01/1950 N/A N/A 235,385.96
2000256168 05/20/2009 Pre Mod 8 Foreclosure 07/01/2008 9.375 3,025.11 01/01/2037 * * 358,208.08
365,500.00 05/01/2009 * (602.02) * Post Mod 9 No Action 07/01/2008 4.000 1,796.05 01/01/2037 * * 358,208.08
2000256168 06/23/2009 Pre Mod 9 No Action 07/01/2008 4.000 1,796.05 01/01/2037 * * 358,208.08
365,500.00 05/01/2009 24,767.27 (2,122.31) 22,143.35 Post Mod 0 No Action 05/01/2009 4.000 1,796.05 01/01/2037 * * 359,728.37
2 Current Values 5 No Action 11/01/2009 4.000 1,796.05 01/01/2037 N/A N/A 354,563.56
2000256169 03/22/2010 Pre Mod 5 No Action 08/01/2009 7.340 2,064.87 01/01/2037 * * 290,487.68
300,000.00 01/01/2010 9,413.81 (10,871.98) * Post Mod 0 No Action 02/01/2010 2.000 1,030.96 07/01/2043 * * 300,812.85
1 Current Values 0 No Action 05/01/2010 2.000 1,030.96 07/01/2043 N/A N/A 299,752.75
2000256178 08/20/2009 Pre Mod 1 No Action 05/01/2009 7.750 1,144.24 01/01/2037 * * 156,000.00
156,000.00 08/01/2009 2,974.50 (2,974.50) 0.00 Post Mod 0 No Action 08/01/2009 7.000 910.00 01/01/2037 * * 158,938.50
1 Current Values 0 No Action 05/01/2010 7.000 927.14 01/01/2037 N/A N/A 158,938.50
2000256180 04/20/2010 Pre Mod 10 Foreclosure 04/01/2009 7.390 2,392.84 01/01/2037 * 01/01/2037 362,794.79
368,000.00 02/01/2010 28,850.86 (29,863.71) * Post Mod 11 No Action 04/01/2009 4.875 2,187.62 01/01/2037 0.00 01/01/2037 391,944.73
1 Current Values 0 No Action 05/01/2010 4.875 2,187.62 01/01/2037 N/A N/A 391,349.39
2000256186 05/19/2009 Pre Mod 2 No Action 01/01/2009 8.750 2,880.21 01/01/2037 * * 395,000.00
395,000.00 05/01/2009 10,941.51 0.00 0.00 Post Mod 0 No Action 05/01/2009 3.300 1,086.25 01/01/2037 * * 395,000.00
1 Current Values 0 No Action 04/01/2010 3.300 1,086.25 01/01/2037 N/A N/A 395,000.00

Page 118
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000256189 06/23/2009 Pre Mod 2 No Action 02/01/2009 10.125 1,412.90 12/01/2036 * * 157,078.33
160,300.00 06/01/2009 5,308.66 (343.94) 5,045.64 Post Mod 3 No Action 02/01/2009 3.500 742.18 12/01/2036 * * 157,138.24
1 Current Values 0 No Action 04/01/2010 3.500 742.18 12/01/2036 N/A N/A 158,831.22
2000256190 09/23/2008 Pre Mod * * * * * * * * *
250,800.00 09/05/2008 * (865.37) * Post Mod 2 No Action 06/01/2008 7.090 1,683.77 * * * 247,164.01
2000256190 10/20/2008 Pre Mod * * * * * * * * *
250,800.00 09/05/2008 * 0.00 * Post Mod 0 No Action 10/01/2008 6.000 1,515.40 * * * 246,884.43
2000256190 04/22/2010 Pre Mod 2 No Action 12/01/2009 6.000 1,515.40 12/01/2036 * * 241,908.32
250,800.00 03/01/2010 * (10,499.89) * Post Mod 3 No Action 12/01/2009 2.000 948.37 12/01/2036 * * 251,863.02
3 Current Values 0 No Action 05/01/2010 2.000 948.37 12/01/2036 N/A N/A 251,334.42
2000256191 05/20/2009 Pre Mod 8 Foreclosure 07/01/2008 8.875 1,395.32 01/01/2037 * 01/01/2037 182,614.21
183,750.00 05/01/2009 * 0.00 * Post Mod 0 No Action 05/01/2009 1.750 551.11 01/01/2047 * 01/01/2037 182,329.41
1 Current Values 0 No Action 05/01/2010 1.750 551.11 01/01/2047 * 01/01/2037 178,879.26
2000256192 09/23/2008 Pre Mod * * * * * * * * *
297,600.00 09/11/2008 * (750.85) * Post Mod 5 No Action 03/01/2008 6.990 1,851.88 * * * 295,941.84
2000256192 10/20/2008 Pre Mod * * * * * * * * *
297,600.00 09/11/2008 * 3.04 * Post Mod (2) No Action 12/01/2008 6.990 1,851.88 * * * 295,292.45
2 Current Values 9 Foreclosure 07/01/2009 6.990 1,851.88 01/01/2037 * 01/01/2037 292,652.48
2000256206 03/19/2009 Pre Mod 0 No Action 02/01/2009 8.250 1,986.88 01/01/2037 * * 289,000.00
289,000.00 03/01/2009 1,986.88 (1,986.88) 0.00 Post Mod 0 No Action 03/01/2009 6.000 1,454.93 01/01/2037 * * 290,986.88
1 Current Values 0 No Action 05/01/2010 6.000 1,454.17 01/01/2037 N/A N/A 290,834.39
2000256217 03/22/2010 Pre Mod 9 Foreclosure 04/01/2009 7.390 1,039.63 01/01/2037 * * 145,579.59
150,000.00 01/01/2010 16,396.80 (17,411.54) * Post Mod 0 No Action 03/01/2010 3.125 746.66 01/01/2037 * * 162,623.58
1 Current Values 0 No Action 05/01/2010 3.125 746.66 01/01/2037 N/A N/A 161,976.42
2000256220 01/21/2010 Pre Mod 6 No Action 05/01/2009 7.970 3,185.21 01/01/2037 * 01/01/2037 454,371.81
459,810.00 12/01/2009 26,784.06 (27,460.98) * Post Mod 0 No Action 12/01/2009 2.000 1,473.08 05/01/2049 * 01/01/2037 481,117.00
1 Current Values 0 No Action 05/01/2010 2.000 1,473.08 05/01/2049 * 01/01/2037 478,425.40
2000256222 02/24/2010 Pre Mod 14 Foreclosure 10/01/2008 7.890 2,718.53 01/01/2037 * * 364,000.00
364,000.00 01/01/2010 42,394.55 (41,778.49) * Post Mod 14 Foreclosure 11/01/2008 2.000 684.51 12/01/2049 0.00 * 405,778.49
1 Current Values 0 No Action 05/01/2010 2.000 684.51 12/01/2049 * 12/01/2049 404,850.54
2000256224 05/19/2009 Pre Mod 3 No Action 12/01/2008 7.875 1,936.56 01/01/2037 * * 261,676.67
268,720.00 05/01/2009 7,936.68 (9,163.67) 0.00 Post Mod 0 No Action 05/01/2009 1.750 1,027.27 01/01/2037 * * 270,194.68
1 Current Values 1 No Action 03/01/2010 1.750 1,027.27 01/01/2037 N/A N/A 262,534.59
2000256225 02/24/2010 Pre Mod 0 No Action 12/01/2009 6.890 4,339.21 01/01/2037 * * 637,500.00
637,500.00 01/01/2010 21,062.73 (20,327.72) * Post Mod (1) No Action 03/01/2010 2.000 816.68 12/01/2049 0.00 * 657,827.72
1 Current Values 0 No Action 05/01/2010 2.000 1,096.38 12/01/2049 * 12/01/2049 656,720.61

Page 119
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000256240 03/19/2009 Pre Mod 0 No Action 02/01/2009 8.500 1,531.16 01/01/2037 * 01/01/2037 207,454.32
209,600.00 03/01/2009 0.00 0.00 0.00 Post Mod 0 No Action 03/01/2009 8.500 1,531.16 01/01/2047 * 01/01/2037 207,392.63
1 Current Values 0 No Action 04/01/2010 6.940 1,295.10 01/01/2047 * 01/01/2037 206,228.87
2000256261 08/20/2009 Pre Mod 0 No Action 08/22/2009 9.590 876.33 12/22/2036 * * 108,856.80
103,410.00 09/01/2009 6,881.90 34.41 0.00 Post Mod 0 No Action 09/22/2009 6.000 632.81 12/01/2036 * * 108,733.86
1 Current Values 0 No Action 04/22/2010 6.000 632.81 11/22/2036 N/A N/A 107,727.87
2000256274 06/23/2009 Pre Mod 8 No Action 08/01/2008 8.660 775.99 01/01/2037 * * 97,562.14
99,450.00 06/01/2009 7,068.46 (693.16) 6,658.92 Post Mod 9 No Action 08/01/2008 3.000 435.90 01/01/2037 * * 98,063.31
1 Current Values 0 No Action 05/01/2010 3.000 435.90 01/01/2037 N/A N/A 103,333.18
2000256279 01/21/2010 Pre Mod 2 No Action 09/01/2009 8.500 878.69 01/01/2037 * * 111,538.06
114,400.00 01/01/2010 6,097.14 (6,394.42) * Post Mod 2 No Action 10/01/2009 6.625 781.44 01/01/2037 * * 117,766.82
1 Current Values 0 No Action 05/01/2010 6.625 781.44 01/01/2037 N/A N/A 117,237.38
2000256287 04/20/2009 Pre Mod 6 Foreclosure 08/01/2008 9.250 2,080.62 12/01/2036 * * 250,617.54
254,700.00 03/06/2009 0.00 0.00 * Post Mod 0 No Action 04/01/2009 2.100 993.71 12/01/2036 * * 250,062.41
1 Current Values 0 No Action 05/01/2010 2.100 993.71 12/01/2036 N/A N/A 242,756.71
2000256288 05/20/2009 Pre Mod 17 Foreclosure 10/01/2007 11.125 4,045.15 12/01/2036 * 12/01/2036 431,237.19
432,000.00 05/01/2009 * 246.11 * Post Mod 0 No Action 05/01/2009 5.000 2,120.58 12/01/2046 * 12/01/2036 430,586.58
2000256288 03/22/2010 Pre Mod 2 No Action 11/01/2009 5.000 2,120.58 12/01/2046 * 12/01/2036 427,681.95
432,000.00 01/01/2010 85,508.77 (86,145.52) * Post Mod 3 No Action 11/01/2009 2.000 1,704.44 01/01/2045 * 12/01/2036 512,835.83
2 Current Values 1 No Action 03/01/2010 2.000 1,704.44 01/01/2045 * 12/01/2036 511,134.99
2000256299 05/20/2009 Pre Mod 0 No Action 03/01/2009 9.750 1,883.92 01/01/2037 * 01/01/2037 226,030.34
227,700.00 05/01/2009 * 0.00 * Post Mod 0 No Action 05/01/2009 6.750 1,380.16 01/01/2047 * 01/01/2037 225,921.60
1 Current Values 8 Bankruptcy 08/01/2009 6.750 1,380.16 01/01/2047 * 01/01/2037 224,568.03
2000256303 05/20/2009 Pre Mod 3 No Action 12/01/2008 8.625 1,737.53 01/01/2037 * 01/01/2037 232,723.36
235,000.00 05/01/2009 * 0.00 * Post Mod 0 No Action 05/01/2009 1.750 702.34 01/01/2047 * 01/01/2037 232,360.41
1 Current Values 0 No Action 04/01/2010 1.750 702.34 01/01/2047 * 01/01/2037 227,961.90
2000256307 03/22/2010 Pre Mod 3 No Action 10/01/2009 9.190 2,440.59 01/01/2037 * 01/01/2037 307,639.83
310,500.00 01/01/2010 11,100.64 (11,245.78) * Post Mod 4 No Action 10/01/2009 7.000 2,195.18 01/01/2037 * 01/01/2037 318,485.00
1 Current Values 0 No Action 05/01/2010 7.000 2,195.18 01/01/2037 * 01/01/2037 315,490.80
2000256330 06/23/2009 Pre Mod 0 No Action 05/01/2009 10.500 1,894.85 01/01/2037 * * 204,547.74
208,000.00 06/01/2009 0.00 0.00 0.00 Post Mod 0 No Action 06/01/2009 10.500 1,894.85 01/01/2037 * * 204,442.68
1 Current Values 0 No Action 05/01/2010 8.890 1,659.79 01/01/2037 N/A N/A 202,930.08
2000256333 04/22/2010 Pre Mod 4 No Action 10/01/2009 7.190 2,844.11 01/01/2037 * * 405,037.65
420,000.00 03/01/2010 * 57,803.43 * Post Mod 5 No Action 10/01/2009 2.000 1,053.23 01/01/2037 * * 346,856.05
1 Current Values (1) No Action 06/01/2010 2.000 1,053.23 01/01/2037 N/A N/A 345,794.64

Page 120
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000256335 02/20/2009 Pre Mod 9 Foreclosure 04/01/2008 10.625 1,142.03 01/01/2037 * 01/01/2037 126,985.23
127,500.00 03/01/2009 * 0.00 * Post Mod 0 No Action 03/01/2009 6.500 752.23 01/01/2047 * 01/01/2037 126,920.84
1 Current Values 4 Foreclosure 12/01/2009 6.500 752.23 01/01/2047 * 01/01/2037 125,981.83
2000256351 09/23/2008 Pre Mod * * * * * * * * *
176,000.00 08/05/2008 * 0.00 * Post Mod 0 No Action 09/01/2008 7.420 1,230.78 * * * 174,573.07
1 Current Values 11 Foreclosure 05/01/2009 7.420 1,230.78 01/01/2037 N/A N/A 73,198.06
2000256355 11/23/2009 Pre Mod 6 Foreclosure 03/01/2009 7.125 1,345.49 01/01/2037 * * 206,868.29
200,000.00 10/01/2009 * 498.40 * Post Mod 0 No Action 11/01/2009 2.625 837.23 01/01/2037 * * 205,985.18
1 Current Values 0 No Action 05/01/2010 2.625 837.23 01/01/2037 N/A N/A 203,501.53
2000256368 01/21/2010 Pre Mod 1 No Action 10/01/2009 6.490 1,368.85 01/01/2037 * * 209,225.66
216,792.00 12/01/2009 2,469.55 (2,749.73) * Post Mod 0 No Action 01/01/2010 2.875 939.49 01/01/2037 * * 210,610.56
1 Current Values (1) No Action 06/01/2010 2.875 939.49 01/01/2037 N/A N/A 209,681.61
2000256369 02/24/2010 Pre Mod 15 Foreclosure 09/01/2008 9.000 1,844.00 01/01/2037 * 01/01/2037 237,009.51
238,500.00 01/01/2010 31,887.16 (31,996.43) * Post Mod 0 No Action 01/01/2010 2.000 506.00 12/01/2049 0.00 01/01/2037 268,894.96
1 Current Values 19 No Action 09/01/2008 2.000 564.11 12/01/2049 * 12/01/2049 338,463.79
2000280719 06/23/2009 Pre Mod 0 No Action 05/27/2009 6.190 685.24 12/27/2036 * * 108,200.59
112,000.00 05/27/2009 0.00 (0.05) 0.00 Post Mod 0 No Action 06/27/2009 6.190 681.64 12/01/2036 * * 108,066.74
1 Current Values 0 No Action 05/27/2010 6.190 681.64 11/27/2036 N/A N/A 106,571.58
2000280737 02/23/2010 Pre Mod 14 No Action 10/28/2008 8.500 1,610.07 12/28/2036 * * 204,215.37
210,000.00 02/01/2010 * (25,843.47) * Post Mod 15 No Action 10/28/2008 7.440 1,461.14 12/28/2036 * * 229,863.84
1 Current Values 2 No Action 02/28/2010 6.040 1,287.62 12/28/2036 N/A N/A 229,469.94
2000280751 04/20/2009 Pre Mod 3 No Action 11/01/2008 11.490 3,654.22 11/01/2036 * * 366,380.91
372,000.00 03/10/2009 0.00 0.00 * Post Mod 0 No Action 04/01/2009 6.000 2,264.20 11/01/2036 * * 365,948.61
1 Current Values 5 No Action 11/01/2009 6.000 2,264.20 11/01/2036 N/A N/A 360,128.05
2000280752 04/21/2010 Pre Mod 9 No Action 05/01/2009 11.840 224.00 11/01/2021 * 11/01/2021 18,238.41
22,040.00 04/01/2010 0.00 0.00 * Post Mod (1) No Action 05/01/2010 3.950 92.27 11/01/2036 * 11/01/2021 18,201.56
1 Current Values 0 No Action 05/01/2010 3.950 92.27 11/01/2036 * 11/01/2021 18,169.20
2000280769 05/19/2009 Pre Mod 0 No Action 05/28/2009 11.690 381.83 11/28/2021 * 11/28/2021 37,968.50
38,000.00 06/01/2009 * 0.00 * Post Mod 0 No Action 05/28/2009 5.000 211.64 11/01/2036 213.80 11/01/2036 37,915.06
1 Current Values 0 No Action 04/28/2010 5.000 211.64 10/28/2036 213.80 11/01/2036 37,312.33
2000280786 06/23/2009 Pre Mod 15 Foreclosure 02/01/2008 6.520 1,339.56 01/01/2037 * 01/01/2037 227,020.87
228,250.00 07/01/2009 22,634.48 1,040.14 19,646.94 Post Mod (1) No Action 08/01/2009 1.000 604.08 01/01/2047 * 01/01/2037 225,565.83
1 Current Values 0 No Action 05/01/2010 1.000 604.08 01/01/2047 * 01/01/2037 245,072.43
2000280787 06/23/2009 Pre Mod 1 No Action 03/01/2009 10.890 3,773.85 01/01/2037 * * 415,851.57
416,000.00 06/01/2009 11,321.55 0.00 10,801.74 Post Mod 0 No Action 06/01/2009 7.890 2,734.22 01/01/2037 * * 415,851.57
1 Current Values (2) No Action 07/01/2010 7.890 2,842.36 01/01/2037 N/A N/A 432,290.72

Page 121
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000280789 02/20/2009 Pre Mod 3 No Action 09/01/2008 10.625 1,251.64 01/01/2037 * * 134,050.63
136,000.00 02/01/2009 * (437.60) * Post Mod 0 No Action 02/01/2009 6.000 827.25 01/01/2037 * * 134,331.23
1 Current Values 0 No Action 04/01/2010 6.000 827.25 01/01/2037 N/A N/A 141,283.54
2000280792 04/21/2010 Pre Mod 10 No Action 04/12/2009 9.625 765.40 01/12/2037 * * 88,082.07
90,000.00 12/12/2009 441.59 (445.27) 7,571.84 Post Mod 1 No Action 02/12/2010 9.625 768.22 01/12/2037 * * 88,465.61
1 Current Values 1 No Action 03/12/2010 9.625 768.22 01/12/2037 N/A N/A 88,406.96
2000280795 05/19/2009 Pre Mod 5 No Action 10/01/2008 10.625 2,990.06 01/01/2037 * * 319,767.59
324,900.00 05/01/2009 16,902.33 (1,316.21) 0.00 Post Mod 0 No Action 05/01/2009 6.000 1,981.86 01/01/2037 * * 319,995.80
1 Current Values 0 No Action 05/01/2010 6.000 1,981.86 01/01/2037 N/A N/A 315,285.08
2000280797 02/24/2010 Pre Mod 5 No Action 07/04/2009 8.090 1,024.23 01/04/2037 * * 142,131.47
138,400.00 02/01/2010 7,404.58 14.43 * Post Mod 0 No Action 02/04/2010 8.090 1,024.23 01/01/2037 64,838.02 01/01/2037 142,051.01
1 Current Values 1 No Action 03/04/2010 6.040 797.26 12/04/2036 64,838.02 01/01/2037 141,802.96
2000280812 07/20/2009 Pre Mod (1) No Action 08/01/2009 7.500 830.00 02/01/2037 * * 132,800.00
132,800.00 08/01/2009 0.00 0.00 0.00 Post Mod 0 No Action 08/01/2009 7.500 830.00 02/01/2037 0.00 * 132,800.00
1 Current Values 0 No Action 05/01/2010 6.875 760.83 02/01/2037 N/A N/A 132,800.00
2000280819 04/20/2009 Pre Mod 6 Foreclosure 08/27/2008 8.790 1,728.35 12/27/2036 * * 215,336.86
218,900.00 03/27/2009 0.00 0.00 * Post Mod 0 No Action 04/27/2009 5.000 1,202.69 12/01/2036 * * 215,031.41
1 Current Values 7 Foreclosure 09/27/2009 5.000 1,202.69 11/27/2036 N/A N/A 212,348.96
2000280824 06/23/2009 Pre Mod 4 No Action 01/01/2009 6.990 1,302.68 01/01/2037 * * 192,037.21
196,000.00 07/01/2009 8,003.44 0.00 7,046.05 Post Mod (1) No Action 08/01/2009 5.625 1,143.34 01/01/2037 * * 191,794.04
1 Current Values 0 No Action 05/01/2010 5.625 1,143.34 01/01/2037 N/A N/A 197,089.64
2000280840 04/20/2009 Pre Mod 5 Foreclosure 09/02/2008 9.940 957.40 01/02/2037 * * 108,019.00
109,650.00 03/25/2009 0.00 0.00 * Post Mod 0 No Action 04/01/2009 5.000 601.63 01/01/2037 * * 107,867.45
1 Current Values (2) No Action 07/01/2010 5.000 601.63 12/02/2036 N/A N/A 106,384.32
2000280846 04/20/2009 Pre Mod 8 Foreclosure 06/01/2008 8.190 649.06 01/01/2037 * * 95,100.13
95,200.00 03/01/2009 0.00 0.00 * Post Mod 0 No Action 04/01/2009 8.190 649.06 01/01/2037 * * 95,100.13
2000280846 12/21/2009 Pre Mod 0 No Action 10/01/2009 8.190 649.06 01/01/2037 * * 95,100.13
95,200.00 12/01/2009 8,827.35 (8,865.97) * Post Mod 1 No Action 10/01/2009 5.250 599.02 01/01/2037 * * 103,783.14
2 Current Values (1) No Action 06/01/2010 5.250 599.02 01/01/2037 N/A N/A 103,042.87
2000280866 06/23/2009 Pre Mod 1 No Action 04/01/2009 8.070 522.97 01/01/2037 * * 69,474.09
70,800.00 07/01/2009 1,400.51 0.00 955.66 Post Mod (1) No Action 08/01/2009 1.875 268.98 01/01/2037 * * 69,313.66
1 Current Values 0 No Action 05/01/2010 1.875 268.98 01/01/2037 N/A N/A 69,033.35
2000280870 03/22/2010 Pre Mod 10 No Action 03/24/2009 9.625 1,106.95 01/24/2037 * 01/24/2037 134,033.78
135,000.00 01/01/2010 11,748.48 (11,881.68) * Post Mod 11 No Action 03/24/2009 5.000 822.48 01/01/2037 * 01/24/2037 145,651.45
1 Current Values 0 No Action 05/01/2010 5.000 822.48 12/24/2036 * 01/24/2037 145,219.35

Page 122
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000280871 06/24/2009 Pre Mod 0 No Action 06/12/2009 8.650 1,155.33 01/12/2037 * * 145,661.18
148,200.00 07/01/2009 3,151.19 0.00 2,283.10 Post Mod (1) No Action 08/12/2009 3.000 646.96 01/01/2037 * * 145,378.37
1 Current Values 0 No Action 05/12/2010 3.000 646.96 12/12/2036 N/A N/A 142,457.56
2000280877 05/20/2009 Pre Mod 0 No Action 04/01/2009 9.500 743.02 01/02/2037 * * 87,794.72
88,800.00 05/01/2009 * 0.00 * Post Mod 0 No Action 04/01/2009 3.000 388.22 01/02/2037 * * 87,625.99
1 Current Values 12 Foreclosure 04/01/2009 3.000 388.22 01/02/2037 N/A N/A 85,442.96
2000280883 05/19/2009 Pre Mod 8 Foreclosure 07/01/2008 9.125 1,722.53 01/01/2037 * * 208,346.64
212,800.00 05/01/2009 13,972.31 (1,657.86) 0.00 Post Mod 0 No Action 05/01/2009 4.500 1,105.30 01/01/2037 * * 209,680.50
1 Current Values 5 No Action 11/01/2009 4.500 1,105.30 01/01/2037 N/A N/A 205,772.58
2000280896 01/21/2010 Pre Mod 2 No Action 09/15/2009 8.290 712.61 01/15/2037 * * 92,196.84
94,500.00 01/01/2010 2,741.13 (2,979.28) * Post Mod 3 No Action 09/15/2009 5.750 578.28 01/01/2037 * * 95,039.62
1 Current Values 0 No Action 06/01/2010 5.750 578.28 12/15/2036 N/A N/A 93,988.75
2000280902 05/19/2009 Pre Mod 0 No Action 03/01/2009 9.750 1,007.50 01/01/2037 * * 124,000.00
124,000.00 05/01/2009 2,015.00 0.00 0.00 Post Mod 0 No Action 05/01/2009 7.700 795.67 01/01/2037 * * 124,000.00
1 Current Values 0 No Action 05/01/2010 7.700 795.67 01/01/2037 N/A N/A 123,898.31
2000280909 05/19/2009 Pre Mod 0 No Action 04/04/2009 10.375 2,125.74 01/04/2037 * * 232,372.88
235,790.00 03/17/2009 0.00 0.00 * Post Mod 0 No Action 05/04/2009 5.850 1,410.98 01/01/2037 * * 232,094.72
1 Current Values 2 No Action 02/04/2010 5.850 1,410.98 12/04/2036 N/A N/A 228,649.08
2000280922 06/23/2009 Pre Mod 0 No Action 05/04/2009 10.375 1,009.31 01/04/2037 * * 110,099.45
112,000.00 06/04/2009 0.00 0.00 0.00 Post Mod 0 No Action 06/04/2009 10.375 1,009.31 01/01/2037 * * 110,042.04
1 Current Values 0 No Action 05/04/2010 8.740 882.08 12/04/2036 N/A N/A 109,233.65
2000280926 04/20/2010 Pre Mod 2 No Action 12/25/2009 9.890 657.86 01/25/2037 * * 74,189.28
75,600.00 02/01/2010 3,244.34 (3,347.06) * Post Mod 3 No Action 12/25/2009 9.625 673.08 01/01/2037 0.00 * 77,458.32
1 Current Values 0 No Action 04/01/2010 9.625 673.08 12/25/2036 N/A N/A 77,406.52
2000280936 06/23/2009 Pre Mod 3 No Action 01/22/2009 6.000 829.58 01/22/2037 * * 134,004.14
136,850.00 04/22/2009 2,098.25 (168.05) 1,607.44 Post Mod 3 No Action 02/22/2009 6.000 829.58 01/01/2037 * * 134,012.63
2000280936 03/22/2010 Pre Mod 3 No Action 10/22/2009 6.000 829.58 12/22/2036 * * 134,812.20
136,850.00 01/01/2010 4,790.21 (5,243.17) * Post Mod 4 No Action 10/22/2009 4.625 747.41 01/01/2037 * * 139,827.55
2 Current Values 0 No Action 04/01/2010 4.625 747.41 12/22/2036 N/A N/A 139,393.56
2000280937 01/21/2009 Pre Mod 3 No Action 08/01/2008 8.340 1,642.11 02/01/2037 * * 213,536.36
216,750.00 11/01/2008 * (777.81) * Post Mod 4 No Action 08/01/2008 6.000 1,315.26 12/01/2036 * * 214,066.59
1 Current Values 9 No Action 07/01/2009 6.000 1,315.26 12/01/2036 N/A N/A 209,823.61
2000280949 06/23/2009 Pre Mod 0 No Action 04/01/2009 8.250 1,223.07 02/01/2037 * * 159,980.12
163,200.00 06/01/2009 2,198.88 0.05 2,065.61 Post Mod (1) No Action 07/01/2009 3.261 730.78 02/01/2037 * * 159,463.18
1 Current Values 0 No Action 05/01/2010 3.261 730.78 02/01/2037 N/A N/A 156,374.14

Page 123
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000280951 06/23/2009 Pre Mod 4 No Action 01/01/2009 7.190 1,041.86 02/02/2037 * 02/02/2037 162,572.33
164,000.00 07/02/2009 6,204.82 (109.74) 5,798.70 Post Mod (1) No Action 08/02/2009 7.190 1,044.50 02/01/2047 * 02/02/2037 162,611.65
2000280951 02/24/2010 Pre Mod 0 No Action 01/02/2010 7.043 1,044.50 01/02/2047 * 02/02/2037 171,171.37
164,000.00 12/01/2009 2,742.22 36.96 0.00 Post Mod 0 No Action 02/02/2010 7.043 1,044.50 02/01/2047 * 02/02/2037 171,094.54
2 Current Values 0 No Action 05/02/2010 7.043 1,044.50 01/02/2047 * 02/02/2037 170,861.34
2000280958 06/24/2009 Pre Mod 0 No Action 06/01/2009 9.875 1,647.49 01/11/2037 * 01/11/2037 195,796.26
196,800.00 07/01/2009 13,955.93 0.00 12,151.06 Post Mod 0 No Action 07/11/2009 5.875 1,077.03 01/01/2047 * 01/11/2037 195,677.82
1 Current Values 0 No Action 04/11/2010 5.875 1,077.03 12/11/2046 * 01/11/2037 194,461.02
2000280969 05/19/2009 Pre Mod 5 No Action 10/01/2008 9.940 1,139.99 02/01/2037 * 02/01/2037 134,372.18
135,000.00 04/01/2009 6,684.17 (83.29) 0.00 Post Mod 0 No Action 05/01/2009 5.000 660.19 02/01/2047 * 02/01/2037 134,355.16
1 Current Values 7 No Action 09/01/2009 5.000 660.19 02/01/2047 * 02/01/2037 133,122.64
2000280988 05/19/2009 Pre Mod 0 No Action 05/18/2009 10.500 1,064.60 01/18/2037 * 01/18/2037 119,462.80
120,000.00 06/01/2009 * 0.00 * Post Mod 0 No Action 06/18/2009 4.000 511.48 01/18/2037 * 01/18/2037 119,349.53
1 Current Values 1 No Action 03/18/2010 4.000 511.48 01/18/2037 * 01/18/2037 119,101.70
2000280996 02/24/2010 Pre Mod 2 No Action 10/01/2009 8.000 909.83 02/01/2037 * * 120,728.23
124,000.00 02/01/2010 2,500.68 (2,926.58) * Post Mod 0 No Action 02/01/2010 5.125 704.36 02/01/2037 0.00 * 123,395.55
1 Current Values (1) No Action 06/01/2010 5.125 704.36 02/01/2037 * 02/01/2037 122,861.19
2000281003 08/20/2009 Pre Mod 0 No Action 08/23/2009 10.125 975.71 01/23/2037 * * 115,973.53
110,500.00 09/01/2009 7,048.83 30.23 0.00 Post Mod 0 No Action 09/23/2009 5.375 633.99 01/01/2037 * * 115,828.77
1 Current Values 1 No Action 03/23/2010 5.375 632.65 12/23/2036 N/A N/A 114,098.25
2000281004 05/19/2009 Pre Mod 2 No Action 01/01/2009 11.590 1,201.59 02/01/2037 * * 119,390.02
120,500.00 05/01/2009 4,617.03 (190.10) 0.00 Post Mod 3 No Action 01/01/2009 5.000 663.78 02/01/2037 * * 119,413.80
2000281004 06/23/2009 Pre Mod 3 No Action 01/01/2009 5.000 663.78 02/01/2037 * * 119,413.80
120,500.00 05/01/2009 4,617.03 0.00 4,417.13 Post Mod 0 No Action 06/01/2009 5.000 663.78 02/01/2037 * * 119,247.58
2 Current Values 0 No Action 05/01/2010 5.000 663.78 02/01/2037 N/A N/A 117,280.63
2000281021 02/24/2010 Pre Mod 0 No Action 01/01/2010 4.000 937.91 02/01/2037 * 02/01/2037 217,378.94
215,200.00 01/01/2010 5,251.49 (0.69) 609.53 Post Mod 0 No Action 02/01/2010 4.000 937.91 02/01/2037 92,642.21 02/01/2037 216,959.93
1 Current Values 0 No Action 05/01/2010 4.000 937.91 02/01/2037 92,642.21 02/01/2037 216,313.65
2000281041 08/20/2009 Pre Mod 1 No Action 05/24/2009 8.500 865.82 01/24/2037 * * 110,415.47
112,720.00 08/01/2009 2,276.36 (2,591.92) 0.00 Post Mod 0 No Action 08/24/2009 5.625 659.26 01/01/2037 * * 112,865.70
1 Current Values 0 No Action 04/24/2010 5.625 659.26 12/24/2036 N/A N/A 111,526.58
2000281045 04/20/2010 Pre Mod 7 No Action 07/23/2009 8.690 606.60 01/23/2037 * * 75,621.04
77,600.00 01/01/2010 4,323.30 (4,494.31) * Post Mod 0 No Action 04/01/2010 4.500 428.86 01/01/2037 0.00 * 79,886.60
1 Current Values 0 No Action 05/01/2010 4.500 428.86 12/23/2036 N/A N/A 79,757.31
2000281046 04/20/2009 Pre Mod 0 No Action 03/01/2009 8.750 812.38 02/01/2037 * * 101,642.03
103,500.00 03/18/2009 0.00 0.00 * Post Mod 0 No Action 04/01/2009 8.750 812.38 02/01/2037 * * 101,570.17
1 Current Values 0 No Action 05/01/2010 8.040 762.55 02/01/2037 N/A N/A 100,469.30

Page 124
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000281054 08/20/2009 Pre Mod (1) No Action 08/05/2009 6.890 1,236.92 02/05/2037 * * 184,672.40
188,000.00 08/01/2009 8,453.91 0.00 7,848.30 Post Mod 0 No Action 08/05/2009 1.750 702.12 02/01/2037 * * 184,239.59
1 Current Values 0 No Action 05/05/2010 1.750 702.12 01/05/2037 N/A N/A 180,184.08
2000281085 05/19/2009 Pre Mod 3 No Action 12/01/2008 8.590 666.76 02/01/2037 * * 83,958.06
86,000.00 05/01/2009 3,011.94 (322.66) 0.00 Post Mod 0 No Action 05/01/2009 3.000 372.47 02/01/2037 * * 83,753.16
1 Current Values (1) No Action 06/01/2010 3.000 372.47 02/01/2037 N/A N/A 81,356.40
2000281086 02/20/2009 Pre Mod 3 No Action 09/08/2008 10.375 691.53 01/08/2037 * * 75,549.74
76,500.00 02/01/2009 * (270.57) * Post Mod 4 No Action 09/08/2008 9.490 644.95 01/01/2037 * * 75,772.83
2000281086 03/22/2010 Pre Mod 5 No Action 08/08/2009 9.490 644.95 12/08/2036 * * 75,059.96
76,500.00 01/01/2010 317.66 (151.99) 2,649.44 Post Mod 1 No Action 01/08/2010 2.625 323.59 01/01/2037 * * 75,052.55
2 Current Values 1 No Action 03/08/2010 2.625 323.59 12/08/2036 N/A N/A 74,893.14
2000281088 05/19/2009 Pre Mod 2 No Action 01/01/2009 9.750 978.59 02/01/2037 * * 112,370.74
114,000.00 05/01/2009 3,595.47 (267.66) 0.00 Post Mod 0 No Action 05/01/2009 9.420 954.24 02/01/2037 * * 112,566.27
1 Current Values 7 No Action 09/01/2009 9.420 954.24 02/01/2037 N/A N/A 111,681.57
2000281098 05/19/2009 Pre Mod 0 No Action 04/16/2009 10.125 2,061.22 01/16/2037 * * 229,481.87
233,750.00 05/16/2009 0.00 0.45 0.00 Post Mod 0 No Action 05/16/2009 10.125 2,060.67 01/01/2037 * * 229,344.99
2000281098 06/23/2009 Pre Mod 0 No Action 05/16/2009 10.125 2,060.67 12/16/2036 * * 229,344.99
233,750.00 05/16/2009 0.00 (0.11) 0.00 Post Mod 0 No Action 06/16/2009 10.125 2,060.67 01/01/2037 * * 229,206.96
2 Current Values 0 No Action 05/16/2010 8.490 1,792.96 12/16/2036 N/A N/A 225,737.13
2000281112 05/19/2009 Pre Mod 0 No Action 03/01/2009 9.625 1,442.90 02/01/2037 * * 167,415.07
170,100.00 05/01/2009 0.00 0.00 0.00 Post Mod 0 No Action 05/01/2009 9.625 1,442.90 02/01/2037 * * 167,314.98
1 Current Values 0 No Action 05/01/2010 8.890 1,356.08 02/01/2037 N/A N/A 165,924.05
2000281114 03/22/2010 Pre Mod 7 No Action 06/19/2009 7.250 2,718.27 01/19/2037 * * 386,011.96
399,000.00 01/01/2010 14,740.22 (16,766.84) * Post Mod 8 No Action 06/19/2009 2.375 1,688.81 01/01/2037 * * 401,853.97
1 Current Values 0 No Action 04/01/2010 2.375 1,688.81 12/19/2036 N/A N/A 400,065.26
2000281126 03/22/2010 Pre Mod 34 Foreclosure 03/01/2007 9.125 761.55 12/01/2036 * * 91,414.38
93,500.00 01/01/2010 5,963.13 (6,279.27) * Post Mod (2) No Action 05/01/2010 9.125 813.51 12/01/2036 * * 96,914.78
1 Current Values (1) No Action 06/01/2010 9.125 813.51 12/01/2036 N/A N/A 97,436.78
2000281139 08/20/2009 Pre Mod 1 No Action 06/01/2009 8.500 691.22 01/01/2037 * * 90,331.40
90,000.00 09/01/2009 2,137.40 6.85 0.00 Post Mod 0 No Action 09/01/2009 4.000 441.80 01/01/2037 * * 90,145.93
1 Current Values 0 No Action 04/01/2010 4.000 441.80 01/01/2037 N/A N/A 88,944.47
2000281140 07/23/2009 Pre Mod 5 No Action 12/01/2008 8.710 915.54 01/01/2037 * * 114,577.82
116,800.00 07/01/2009 5,282.18 (5,855.25) 0.00 Post Mod (1) No Action 08/01/2009 5.250 659.17 01/01/2037 * * 120,232.18
1 Current Values 0 No Action 04/01/2010 5.250 659.17 01/01/2037 N/A N/A 119,194.44
2000281145 01/21/2010 Pre Mod 10 Bankruptcy 01/01/2009 6.750 1,342.73 02/01/2037 * * 200,363.56
207,000.00 01/01/2010 29,749.30 (31,882.02) * Post Mod (1) Bankruptcy 02/01/2010 2.000 545.33 12/01/2049 * * 232,034.19
1 Current Values 0 Bankruptcy 05/01/2010 2.000 545.33 12/01/2049 N/A N/A 231,049.33

Page 125
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000281155 06/23/2009 Pre Mod 5 No Action 12/01/2008 8.940 2,294.49 02/01/2037 * 02/01/2037 296,405.51
299,250.00 07/01/2009 16,244.42 0.00 11,680.83 Post Mod (1) No Action 08/01/2009 4.000 1,270.27 02/01/2047 * 02/01/2037 295,802.18
1 Current Values 0 No Action 04/01/2010 4.000 1,270.27 02/01/2047 * 02/01/2037 308,823.01
2000281161 08/20/2009 Pre Mod (1) No Action 08/01/2009 8.500 2,018.76 02/01/2037 * 02/01/2037 273,188.95
276,000.00 08/01/2009 0.00 0.00 0.00 Post Mod 0 No Action 08/01/2009 8.500 2,018.76 02/01/2047 0.00 02/01/2037 273,105.28
1 Current Values 0 No Action 05/01/2010 7.740 1,864.99 02/01/2047 N/A N/A 272,149.60
2000281171 08/20/2009 Pre Mod 5 Foreclosure 02/01/2009 7.690 712.28 02/01/2037 * * 102,678.44
100,000.00 09/01/2009 4,442.92 12.96 0.00 Post Mod 0 No Action 09/01/2009 3.500 463.97 02/01/2037 * * 102,500.99
1 Current Values 0 No Action 05/01/2010 3.500 463.97 02/01/2037 N/A N/A 101,062.63
2000281179 03/22/2010 Pre Mod 11 Foreclosure 02/01/2009 7.340 821.25 01/01/2037 * 01/01/2037 125,255.01
127,000.00 01/01/2010 17,045.73 (17,213.23) * Post Mod 12 Foreclosure 02/01/2009 3.625 691.86 01/01/2037 * 01/01/2037 142,154.75
1 Current Values 0 No Action 05/01/2010 3.625 691.86 01/01/2037 * 01/01/2037 141,629.09
2000281180 06/23/2009 Pre Mod 0 No Action 04/01/2009 9.540 744.20 02/01/2037 * * 86,910.13
88,200.00 06/01/2009 0.00 0.00 0.00 Post Mod 0 No Action 06/01/2009 9.540 744.20 02/01/2037 * * 86,856.87
1 Current Values 1 No Action 03/01/2010 9.540 744.20 02/01/2037 N/A N/A 86,242.26
2000281204 01/21/2009 Pre Mod 9 Foreclosure 02/01/2008 8.290 1,425.22 02/01/2037 * * 186,170.14
189,000.00 01/09/2009 * (1,477.05) * Post Mod 10 No Action 02/01/2008 7.000 1,272.77 02/01/2037 * * 187,460.41
1 Current Values 15 Foreclosure 01/01/2009 7.000 1,272.77 02/01/2037 N/A N/A 184,463.43
2000281219 03/22/2010 Pre Mod 7 No Action 06/01/2009 7.150 2,613.83 02/01/2037 * * 374,675.60
387,000.00 01/01/2010 20,100.23 (22,637.92) * Post Mod 0 No Action 03/01/2010 2.000 1,495.91 05/01/2039 * * 396,442.07
1 Current Values 0 No Action 05/01/2010 2.000 1,495.91 05/01/2039 N/A N/A 394,770.33
2000281221 04/20/2009 Pre Mod 6 Foreclosure 08/01/2008 8.750 3,210.87 02/01/2037 * 02/01/2037 425,297.19
427,500.00 03/12/2009 0.00 0.00 * Post Mod (1) No Action 05/01/2009 3.000 1,566.06 02/01/2047 * 02/01/2037 424,794.37
1 Current Values 0 No Action 05/01/2010 3.000 1,566.06 02/01/2047 * 02/01/2037 418,142.22
2000281249 03/22/2010 Pre Mod 3 No Action 10/01/2009 9.440 1,023.86 01/01/2037 * * 119,792.68
122,400.00 01/01/2010 343.71 (30.25) 6,232.34 Post Mod 0 No Action 03/01/2010 3.500 573.25 01/01/2037 * * 119,598.28
1 Current Values 0 No Action 05/01/2010 3.500 573.25 01/01/2037 N/A N/A 119,148.78
2000281263 02/24/2010 Pre Mod (1) No Action 03/03/2010 7.190 1,410.48 01/03/2037 * * 204,360.74
208,000.00 03/01/2010 4,169.60 0.01 * Post Mod 0 No Action 03/03/2010 5.651 1,231.00 02/01/2037 * * 204,090.03
1 Current Values 0 No Action 05/03/2010 5.651 1,231.00 01/03/2037 N/A N/A 203,536.12
2000281264 03/22/2010 Pre Mod 6 No Action 07/08/2009 7.990 831.30 01/08/2037 * * 109,246.86
113,400.00 12/01/2009 4,181.59 (4,590.34) * Post Mod 7 No Action 07/08/2009 5.250 658.77 01/01/2037 * * 113,656.39
1 Current Values 0 No Action 05/01/2010 5.250 658.77 12/08/2036 N/A N/A 113,332.64
2000281271 06/23/2009 Pre Mod 0 No Action 06/01/2009 8.750 602.82 02/01/2037 * * 82,672.24
82,720.00 07/01/2009 0.00 0.00 0.00 Post Mod (1) No Action 08/01/2009 8.750 602.82 02/01/2037 * * 82,672.24
1 Current Values 0 No Action 05/01/2010 7.890 543.57 02/01/2037 N/A N/A 82,672.24

Page 126
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000281277 03/22/2010 Pre Mod 5 No Action 08/01/2009 8.290 839.12 02/01/2037 * 02/01/2037 115,751.79
117,000.00 12/01/2009 4,115.73 (3,926.94) * Post Mod 6 No Action 08/01/2009 2.000 426.16 09/01/2041 * 02/01/2037 119,445.49
1 Current Values (2) No Action 07/01/2010 2.000 426.16 09/01/2041 * 02/01/2037 118,673.38
2000281284 02/24/2010 Pre Mod 21 Foreclosure 03/01/2008 10.690 702.77 02/01/2037 * * 74,986.93
75,650.00 01/01/2010 15,850.64 (17,346.40) * Post Mod 0 No Action 01/01/2010 6.000 468.62 02/01/2037 * * 92,239.64
1 Current Values 3 No Action 01/01/2010 6.000 468.62 02/01/2037 N/A N/A 92,146.53
2000281295 01/21/2010 Pre Mod 4 No Action 07/28/2009 8.750 406.69 01/31/2037 * * 50,553.84
51,750.00 12/01/2009 1,109.39 (1,199.35) * Post Mod 5 No Action 07/28/2009 3.625 250.20 01/01/2037 * * 51,655.70
1 Current Values 0 No Action 05/01/2010 3.625 250.20 12/31/2036 N/A N/A 51,277.26
2000281306 12/20/2008 Pre Mod 1 No Action 09/02/2008 9.390 930.70 02/02/2037 * * 110,537.16
111,750.00 10/02/2008 * 85.78 * Post Mod 2 No Action 09/02/2008 7.000 748.56 02/01/2037 * * 110,347.62
1 Current Values INACTIVE
2000281318 11/21/2008 Pre Mod 4 No Action 05/01/2008 11.190 578.10 01/01/2022 * 01/01/2022 59,327.66
59,800.00 11/01/2008 * (3,603.71) * Post Mod 5 No Action 05/01/2008 2.230 250.22 01/01/2037 * 01/01/2022 62,791.40
1 Current Values 7 No Action 09/01/2009 2.230 250.22 01/01/2037 * 01/01/2022 61,444.85
2000281332 06/24/2009 Pre Mod 10 Foreclosure 07/01/2008 7.490 1,591.63 02/01/2037 * * 255,000.00
255,000.00 07/01/2009 19,851.80 0.00 15,522.11 Post Mod (1) No Action 08/01/2009 1.875 398.44 02/01/2037 * * 255,000.00
1 Current Values 0 No Action 05/01/2010 1.875 429.60 02/01/2037 N/A N/A 274,944.30
2000281343 02/20/2009 Pre Mod 0 No Action 02/01/2009 9.375 840.15 01/01/2037 * * 99,669.35
102,000.00 03/01/2009 * 0.00 * Post Mod 0 No Action 03/01/2009 6.000 613.79 01/01/2037 * * 99,553.91
1 Current Values 7 No Action 09/01/2009 6.000 613.79 01/01/2037 N/A N/A 97,853.98
2000281362 04/20/2010 Pre Mod 11 Foreclosure 03/10/2009 7.970 2,110.82 01/10/2037 * * 280,353.93
288,000.00 01/01/2010 25,989.03 (27,799.16) * Post Mod 12 Foreclosure 03/10/2009 2.000 448.84 01/01/2050 0.00 * 308,171.51
1 Current Values 0 Foreclosure 06/01/2010 2.000 513.62 12/10/2049 N/A N/A 307,675.98
2000281363 01/21/2010 Pre Mod 11 Foreclosure 12/05/2008 7.750 1,946.16 02/05/2037 * * 249,529.23
253,800.00 01/01/2010 23,591.28 (23,839.72) * Post Mod 0 No Action 02/01/2010 2.000 828.83 11/01/2049 * * 272,100.58
1 Current Values 0 No Action 06/01/2010 2.000 828.83 10/05/2049 N/A N/A 270,384.81
2000281367 02/24/2010 Pre Mod 6 No Action 06/01/2009 8.000 2,201.64 02/01/2037 * * 292,140.69
300,000.00 01/01/2010 25,365.42 (26,589.91) * Post Mod 0 No Action 02/01/2010 2.000 1,245.01 11/01/2037 0.00 * 317,972.49
1 Current Values 0 No Action 05/01/2010 2.000 1,245.01 11/01/2037 * 11/01/2037 315,823.74
2000281385 02/20/2009 Pre Mod 0 No Action 12/16/2008 10.500 2,072.15 01/16/2037 * 01/16/2037 232,359.63
233,750.00 12/23/2008 * (61.59) * Post Mod 0 No Action 03/01/2009 3.000 854.83 01/01/2037 87,896.72 01/16/2037 232,147.29
1 Current Values 0 No Action 05/01/2010 3.000 854.83 12/16/2036 87,896.72 01/16/2037 227,903.70
2000281389 11/20/2009 Pre Mod 0 No Action 11/01/2009 7.625 4,048.10 02/01/2037 * * 569,011.94
572,000.00 12/01/2009 * 29.01 * Post Mod (1) No Action 01/01/2010 3.250 2,575.69 02/01/2037 * * 567,948.31
1 Current Values 0 No Action 05/01/2010 3.250 2,575.69 02/01/2037 N/A N/A 562,479.22

Page 127
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000281392 03/22/2010 Pre Mod 13 Foreclosure 12/01/2008 7.370 2,049.95 02/01/2037 * * 287,868.80
288,000.00 12/01/2009 38,617.19 (37,978.90) * Post Mod 0 No Action 03/01/2010 2.000 472.41 12/01/2049 * * 325,847.70
1 Current Values 0 No Action 05/01/2010 2.000 543.08 12/01/2049 N/A N/A 325,160.72
2000281396 05/19/2009 Pre Mod 3 No Action 12/01/2008 9.750 1,928.85 02/01/2037 * * 221,487.32
225,000.00 05/01/2009 8,564.80 (698.91) 0.00 Post Mod 4 No Action 12/01/2008 6.750 1,476.55 02/01/2037 * * 221,955.55
2000281396 06/23/2009 Pre Mod 4 No Action 12/01/2008 6.750 1,476.55 02/01/2037 * * 221,955.55
225,000.00 05/01/2009 8,564.80 0.00 8,098.90 Post Mod 0 No Action 06/01/2009 6.750 1,476.55 02/01/2037 * * 221,727.50
2 Current Values 8 Foreclosure 08/01/2009 6.750 1,476.55 02/01/2037 N/A N/A 219,132.68
2000281400 12/21/2008 Pre Mod 2 No Action 08/02/2008 8.740 1,006.07 02/02/2037 * * 126,268.29
128,000.00 12/01/2008 * (486.14) * Post Mod 3 No Action 08/02/2008 4.000 624.54 02/01/2037 * * 126,550.78
1 Current Values 0 No Action 05/02/2010 4.000 624.54 01/02/2037 N/A N/A 122,922.13
2000281402 05/20/2009 Pre Mod 0 No Action 03/01/2009 8.970 1,365.83 02/01/2037 * 02/01/2037 176,597.81
177,600.00 05/01/2009 * 0.00 * Post Mod 0 No Action 05/01/2009 6.000 985.36 02/01/2047 * 02/01/2037 176,495.44
1 Current Values 0 No Action 04/01/2010 6.000 985.36 02/01/2047 * 02/01/2037 174,879.45
2000281427 06/23/2009 Pre Mod 4 No Action 12/01/2008 7.980 2,402.18 02/01/2037 * * 321,463.73
328,000.00 06/01/2009 11,862.68 (1,552.99) 11,117.47 Post Mod 0 No Action 06/01/2009 2.000 1,264.75 02/01/2037 * * 322,287.74
1 Current Values 0 No Action 05/01/2010 2.000 1,264.75 02/01/2037 N/A N/A 312,625.77
2000281433 04/21/2008 Pre Mod * * * * * * * * *
128,250.00 03/01/2008 * (468.28) * Post Mod 5 Foreclosure 10/01/2007 6.000 776.16 * * * 127,594.18
2000281433 03/22/2010 Pre Mod 13 No Action 01/01/2009 6.000 776.16 02/01/2037 * * 137,165.70
128,250.00 04/01/2010 10,696.57 0.00 * Post Mod 0 No Action 04/01/2010 2.875 610.44 02/01/2037 * * 136,883.89
2 Current Values 0 No Action 05/01/2010 2.875 610.44 02/01/2037 N/A N/A 136,601.40
2000281440 05/20/2009 Pre Mod 11 Foreclosure 04/01/2008 8.890 1,579.20 02/01/2037 * 02/01/2037 206,378.84
207,000.00 05/01/2009 * 0.00 * Post Mod 0 No Action 05/01/2009 4.000 882.78 02/01/2047 * 02/01/2037 206,183.99
1 Current Values 0 No Action 05/01/2010 4.000 882.78 02/01/2047 * 02/01/2037 203,794.50
2000281441 02/20/2009 Pre Mod 2 No Action 10/01/2008 12.190 381.84 01/01/2022 * 01/01/2022 36,340.06
36,600.00 12/01/2008 * 43.11 * Post Mod 1 No Action 12/01/2008 6.190 227.64 01/01/2037 * 01/01/2022 36,256.76
1 Current Values 0 Loan Paid in Full * 6.190 227.64 01/01/2037 * 01/01/2022 0.00
2000281456 04/21/2010 Pre Mod (1) No Action 04/01/2010 7.270 1,339.71 02/01/2037 * * 194,311.00
196,000.00 04/01/2010 4,636.35 (0.71) * Post Mod 0 No Action 04/01/2010 4.288 1,015.00 02/01/2037 * * 193,871.73
1 Current Values 0 No Action 05/01/2010 4.288 1,015.00 02/01/2037 N/A N/A 193,549.41
2000281457 05/19/2009 Pre Mod 1 No Action 02/01/2009 8.625 856.25 02/01/2037 * * 108,237.68
110,400.00 05/01/2009 2,270.85 (243.63) 0.00 Post Mod (1) No Action 06/01/2009 1.750 410.52 02/01/2037 * * 108,228.64
1 Current Values 1 No Action 03/01/2010 1.750 410.52 02/01/2037 N/A N/A 105,129.39

Page 128
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000281462 05/20/2009 Pre Mod 10 Foreclosure 05/01/2008 10.625 738.38 01/01/2037 * * 78,965.29
80,000.00 05/01/2009 * 0.00 * Post Mod 11 Foreclosure 05/01/2008 1.750 301.35 01/01/2037 * * 78,779.10
2000281462 06/23/2009 Pre Mod 11 Foreclosure 05/01/2008 1.750 301.35 01/01/2037 * * 78,779.10
80,000.00 05/01/2009 8,099.60 (483.45) 7,702.48 Post Mod 12 No Action 05/01/2008 1.750 301.35 01/01/2037 * * 79,076.09
2 Current Values 0 No Action 04/01/2010 1.750 301.35 01/01/2037 N/A N/A 86,759.54
2000281466 09/23/2008 Pre Mod * * * * * * * * *
351,000.00 09/12/2008 * (266.44) * Post Mod 0 No Action 09/01/2008 7.980 2,570.63 * * * 346,494.00
2000281466 10/20/2008 Pre Mod * * * * * * * * *
351,000.00 09/12/2008 * (0.52) * Post Mod 0 No Action 10/01/2008 5.000 1,905.21 * * * 345,821.11
2 Current Values 0 No Action 04/01/2010 5.000 1,905.21 02/01/2037 N/A N/A 336,474.52
2000281470 06/23/2009 Pre Mod 0 No Action 05/01/2009 6.890 956.37 02/01/2037 * * 141,459.17
145,360.00 06/01/2009 0.00 0.00 0.00 Post Mod 0 No Action 06/01/2009 6.890 953.96 02/01/2037 * * 141,317.42
1 Current Values 0 No Action 05/01/2010 6.890 953.96 02/01/2037 N/A N/A 139,650.65
2000281478 04/21/2010 Pre Mod (2) No Action 05/01/2010 9.240 688.98 01/01/2037 * * 85,696.29
81,900.00 04/01/2010 4,958.52 0.00 * Post Mod (1) No Action 05/01/2010 6.040 479.20 01/01/2037 47,315.25 01/01/2037 85,648.43
1 Current Values (1) No Action 06/01/2010 6.040 479.20 01/01/2037 47,315.25 01/01/2037 85,600.33
2000281486 05/19/2009 Pre Mod 3 No Action 12/01/2008 10.625 769.82 01/01/2037 * * 82,327.88
83,600.00 05/01/2009 3,453.01 (3,683.08) 0.00 Post Mod 0 No Action 05/01/2009 1.750 326.22 01/01/2037 * * 85,804.80
1 Current Values 9 No Action 07/01/2009 1.750 326.22 01/01/2037 N/A N/A 83,372.30
2000281488 04/21/2010 Pre Mod (1) No Action 04/01/2010 7.590 939.58 02/01/2037 * * 142,793.07
133,200.00 04/01/2010 13,626.13 0.01 * Post Mod 0 No Action 04/01/2010 3.829 709.00 02/01/2037 * * 142,539.69
1 Current Values 0 No Action 04/01/2010 3.829 709.00 02/01/2037 N/A N/A 142,285.51
2000281500 05/20/2009 Pre Mod 4 No Action 11/01/2008 8.990 926.05 02/01/2037 * * 113,839.45
115,200.00 05/01/2009 * 0.00 * Post Mod 0 No Action 05/01/2009 1.750 430.80 02/01/2037 * * 113,574.67
1 Current Values 6 Foreclosure 10/01/2009 1.750 430.80 02/01/2037 N/A N/A 110,303.96
2000281507 06/23/2009 Pre Mod 1 No Action 04/01/2009 9.000 1,203.62 02/01/2037 * * 147,351.50
150,000.00 07/01/2009 3,313.19 0.00 2,868.54 Post Mod (1) No Action 08/01/2009 6.875 993.25 02/01/2037 * * 147,202.00
1 Current Values 0 No Action 05/01/2010 6.875 993.25 02/01/2037 N/A N/A 148,976.89
2000281512 07/23/2009 Pre Mod (1) No Action 08/01/2009 9.290 2,393.17 02/01/2037 * 02/01/2037 332,164.91
301,500.00 08/01/2009 32,979.38 (3,379.41) 0.00 Post Mod 0 No Action 08/01/2009 2.000 948.73 02/01/2047 * 02/01/2037 335,139.63
1 Current Values 0 No Action 05/01/2010 2.000 948.73 02/01/2047 * 02/01/2037 331,086.29
2000281518 05/20/2009 Pre Mod 7 Foreclosure 08/01/2008 6.000 1,304.53 02/01/2037 * * 263,109.96
266,400.00 05/01/2009 * 0.00 * Post Mod (1) No Action 06/01/2009 2.000 1,027.89 02/01/2037 * * 262,520.59
1 Current Values 0 No Action 04/01/2010 2.000 1,027.89 02/01/2037 N/A N/A 255,371.02
2000281524 01/21/2009 Pre Mod 5 Foreclosure 06/01/2008 7.440 2,423.86 02/01/2037 * * 342,546.67
348,700.00 01/01/2009 * (2,239.42) * Post Mod 6 No Action 06/01/2008 7.440 2,423.86 02/01/2037 * * 344,486.02
1 Current Values 8 No Action 08/01/2009 4.500 1,802.93 02/01/2037 N/A N/A 336,074.23

Page 129
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000281530 12/21/2009 Pre Mod 5 No Action 05/01/2009 7.340 1,310.16 02/01/2037 * 02/01/2037 200,167.88
202,725.00 11/01/2009 8,823.03 (9,034.89) * Post Mod 0 No Action 12/01/2009 2.125 843.25 02/01/2037 * 02/01/2037 208,713.98
1 Current Values 1 No Action 03/01/2010 2.125 843.25 02/01/2037 * 02/01/2037 206,337.32
2000281532 04/20/2009 Pre Mod 4 No Action 10/01/2008 9.090 1,271.81 02/01/2037 * * 159,582.81
156,800.00 03/04/2009 4,493.66 0.00 * Post Mod 0 No Action 04/01/2009 5.000 884.61 02/01/2037 * * 159,363.13
1 Current Values 5 Bankruptcy 11/01/2009 5.000 884.61 02/01/2037 N/A N/A 156,422.56
2000281545 10/20/2008 Pre Mod * * * * * * * * *
162,000.00 09/01/2008 * 0.00 * Post Mod 0 No Action 10/01/2008 8.490 1,185.32 * * * 160,995.15
1 Current Values 17 Bankruptcy 11/01/2008 8.490 1,185.32 02/01/2037 * 02/01/2037 160,712.51
2000281555 08/20/2009 Pre Mod 2 No Action 04/01/2009 7.900 1,751.61 02/01/2037 * * 235,736.88
241,000.00 08/01/2009 4,472.41 (5,261.49) 0.00 Post Mod (1) No Action 09/01/2009 5.125 1,336.15 02/01/2037 * * 240,669.01
1 Current Values 0 No Action 04/01/2010 5.125 1,336.15 02/01/2037 N/A N/A 237,671.63
2000281557 02/20/2009 Pre Mod 3 No Action 09/01/2008 8.540 2,305.99 02/01/2037 * * 294,199.44
298,800.00 02/01/2009 * (1,044.25) * Post Mod 0 No Action 02/01/2009 6.000 1,814.00 02/01/2037 * * 294,900.69
1 Current Values 12 No Action 04/01/2009 6.000 1,814.00 02/01/2037 N/A N/A 289,626.08
2000281560 03/19/2009 Pre Mod 0 No Action 02/01/2009 9.500 996.03 02/01/2037 * * 116,921.50
118,800.00 03/01/2009 0.00 0.10 0.00 Post Mod 0 No Action 03/01/2009 8.690 928.94 02/01/2037 * * 116,772.18
2000281560 11/20/2009 Pre Mod 0 No Action 10/01/2009 8.690 928.36 02/01/2037 * * 117,445.92
118,800.00 12/01/2009 0.00 3.58 * Post Mod 0 No Action 12/01/2009 3.625 560.08 02/01/2037 * * 117,236.98
2 Current Values 0 No Action 04/01/2010 8.690 926.84 02/01/2037 N/A N/A 116,546.97
2000281565 03/19/2009 Pre Mod 0 No Action 02/01/2009 7.250 2,882.09 02/01/2037 * * 414,000.00
414,000.00 03/01/2009 0.00 0.00 0.00 Post Mod 0 No Action 03/01/2009 6.440 2,221.80 02/01/2037 * * 414,000.00
2000281565 02/24/2010 Pre Mod 0 No Action 01/01/2010 6.440 2,217.94 02/01/2037 * * 413,280.68
414,000.00 01/01/2010 2,271.77 (584.76) * Post Mod 0 No Action 02/01/2010 2.875 1,838.09 02/01/2037 0.00 * 413,865.44
2 Current Values (1) No Action 06/01/2010 2.875 1,838.09 02/01/2037 * 02/01/2037 411,318.08
2000281567 03/22/2010 Pre Mod 3 No Action 10/01/2009 8.840 1,557.89 02/01/2037 * 02/01/2037 203,407.34
205,000.00 01/01/2010 11,291.74 (11,145.42) * Post Mod 4 No Action 10/01/2009 7.250 1,510.39 02/01/2037 * 02/01/2037 214,271.29
1 Current Values 1 No Action 03/01/2010 7.250 1,510.39 02/01/2037 * 02/01/2037 213,838.32
2000281568 06/23/2009 Pre Mod 7 No Action 09/01/2008 8.625 1,082.21 02/01/2037 * * 137,659.47
139,500.00 06/01/2009 8,337.38 0.00 7,822.79 Post Mod 0 No Action 06/01/2009 2.000 539.00 02/01/2037 * * 137,349.90
1 Current Values 2 No Action 02/01/2010 2.000 539.00 02/01/2037 N/A N/A 133,910.40
2000281581 02/24/2010 Pre Mod 2 No Action 11/01/2009 8.690 538.66 02/01/2037 * * 68,752.84
68,800.00 03/01/2010 1,549.86 0.03 * Post Mod 0 Bankruptcy 03/01/2010 4.801 379.00 02/01/2037 * * 68,648.88
1 Current Values 0 Bankruptcy 05/01/2010 4.801 379.00 02/01/2037 N/A N/A 68,439.71
2000281587 02/24/2010 Pre Mod 0 No Action 01/01/2010 7.067 1,034.11 02/01/2037 * 02/01/2037 162,677.47
164,000.00 12/01/2009 1,116.55 0.05 0.00 Post Mod 0 No Action 02/01/2010 7.067 1,034.11 02/01/2047 * 02/01/2037 162,601.34
1 Current Values 0 No Action 05/01/2010 7.067 1,034.11 02/01/2047 * 02/01/2037 162,370.24

Page 130
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000281597 06/19/2008 Pre Mod * * * * * * * * *
176,800.00 03/01/2008 * (2,979.32) * Post Mod 1 No Action 04/01/2008 8.340 1,295.74 * * * 178,941.96
1 Current Values INACTIVE
2000281600 04/20/2010 Pre Mod 3 No Action 11/01/2009 10.690 1,070.17 02/01/2037 * * 113,581.39
115,200.00 01/01/2010 6,654.17 (6,381.90) * Post Mod 0 No Action 04/01/2010 5.875 739.96 02/01/2037 0.00 * 119,779.41
1 Current Values (1) No Action 06/01/2010 5.875 739.96 02/01/2037 N/A N/A 119,625.87
2000281606 04/20/2009 Pre Mod 2 No Action 12/01/2008 8.625 894.25 02/01/2037 * 02/01/2037 119,635.64
120,700.00 03/18/2009 0.00 (159.52) * Post Mod 0 No Action 04/01/2009 1.750 360.41 02/01/2047 * 02/01/2037 119,609.22
1 Current Values 0 No Action 05/01/2010 1.750 360.41 02/01/2047 * 02/01/2037 116,863.50
2000281618 10/20/2008 Pre Mod * * * * * * * * *
440,000.00 09/11/2008 * 0.00 * Post Mod 0 No Action 10/01/2008 8.290 3,039.67 * * * 440,000.00
1 Current Values 11 No Action 05/01/2009 8.290 3,039.67 02/01/2037 N/A N/A 440,000.00
2000281629 04/20/2010 Pre Mod 10 No Action 04/01/2009 8.440 2,469.86 02/01/2037 * * 314,661.44
323,000.00 01/01/2010 33,312.20 (35,387.04) * Post Mod 0 No Action 04/01/2010 2.000 989.36 01/01/2050 0.00 * 349,280.77
1 Current Values 0 No Action 05/01/2010 2.000 989.36 01/01/2050 N/A N/A 348,532.52
2000281630 06/23/2009 Pre Mod 3 No Action 01/01/2009 8.625 488.74 02/01/2037 * * 61,736.14
63,000.00 05/01/2009 1,698.47 (133.37) 1,595.31 Post Mod 4 No Action 01/01/2009 4.000 307.88 02/01/2037 * * 61,767.42
1 Current Values 0 No Action 05/01/2010 4.000 307.88 02/01/2037 N/A N/A 62,179.59
2000281663 06/23/2009 Pre Mod 0 No Action 04/18/2009 9.625 1,976.63 01/18/2037 * * 229,105.22
233,750.00 06/18/2009 0.00 0.86 0.00 Post Mod 0 No Action 05/18/2009 9.625 1,975.77 01/01/2037 * * 228,966.20
1 Current Values 6 Foreclosure 10/18/2009 7.990 1,717.03 12/18/2036 N/A N/A 227,034.69
2000281668 05/20/2009 Pre Mod 2 No Action 01/01/2009 7.875 1,470.00 02/01/2037 * * 224,000.00
224,000.00 05/01/2009 * 0.00 * Post Mod 0 No Action 05/01/2009 4.000 746.67 02/01/2037 * * 224,000.00
1 Current Values 0 No Action 05/01/2010 4.000 746.67 02/01/2037 N/A N/A 224,000.00
2000281673 09/24/2009 Pre Mod 4 No Action 03/25/2009 6.490 1,591.16 01/25/2037 * * 244,587.08
252,000.00 09/25/2009 6,930.15 (8,727.16) 0.00 Post Mod 0 No Action 09/25/2009 3.125 1,113.71 01/25/2037 * * 252,837.48
1 Current Values 0 No Action 04/25/2010 3.125 1,113.71 01/25/2037 N/A N/A 249,016.18
2000281676 03/22/2010 Pre Mod 4 No Action 09/01/2009 8.890 2,370.25 02/01/2037 * * 290,281.43
297,500.00 01/01/2010 7,490.20 (8,551.15) * Post Mod 0 No Action 03/01/2010 7.625 2,178.28 02/01/2037 * * 298,498.80
1 Current Values 0 No Action 05/01/2010 7.625 2,178.28 02/01/2037 N/A N/A 297,933.87
2000281680 05/19/2009 Pre Mod 4 No Action 11/01/2008 8.040 1,664.62 02/01/2037 * * 221,743.30
226,000.00 04/01/2009 7,451.95 (624.69) 0.00 Post Mod 5 No Action 11/01/2008 3.000 982.75 02/01/2037 * * 221,939.60
2000281680 06/23/2009 Pre Mod 5 No Action 11/01/2008 3.000 982.75 02/01/2037 * * 221,939.60
226,000.00 04/01/2009 7,451.95 0.00 7,917.47 Post Mod 0 No Action 06/01/2009 3.000 982.75 02/01/2037 * * 221,511.70
2 Current Values 3 No Action 01/01/2010 3.000 982.75 02/01/2037 N/A N/A 216,733.58

Page 131
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000281691 04/20/2010 Pre Mod 12 Foreclosure 02/01/2009 7.490 2,011.72 01/01/2037 * * 282,219.63
288,000.00 02/01/2010 22,718.77 (22,540.94) * Post Mod 13 No Action 02/01/2009 2.000 438.37 02/01/2050 0.00 * 304,792.57
1 Current Values (1) No Action 06/01/2010 2.000 509.77 02/01/2050 N/A N/A 304,594.81
2000281694 04/20/2009 Pre Mod 6 Foreclosure 08/01/2008 9.375 2,567.35 01/01/2037 * 01/01/2037 319,020.59
322,000.00 03/27/2009 0.00 (76.69) * Post Mod 0 No Action 03/01/2009 3.000 1,176.39 01/01/2047 2,352.00 01/01/2047 318,718.44
2000281694 11/20/2009 Pre Mod 0 No Action 11/01/2009 3.000 1,176.39 01/01/2047 2,352.00 01/01/2047 327,498.47
322,000.00 12/01/2009 9,921.65 0.00 * Post Mod 0 No Action 12/01/2009 3.000 1,219.04 01/01/2047 2,352.00 01/01/2047 327,098.18
2 Current Values 0 No Action 04/01/2010 3.000 1,219.04 01/01/2047 2,352.00 01/01/2047 325,081.66
2000281696 05/20/2009 Pre Mod 12 Foreclosure 03/01/2008 6.140 1,779.66 01/01/2037 * * 347,816.78
348,000.00 05/01/2009 * 0.00 * Post Mod 0 No Action 05/01/2009 1.750 507.23 01/01/2037 * * 347,816.78
1 Current Values 0 No Action 05/01/2010 1.750 507.23 01/01/2037 N/A N/A 347,816.78
2000281700 09/23/2008 Pre Mod * * * * * * * * *
572,500.00 09/12/2008 * (1,689.40) * Post Mod 8 Foreclosure 12/01/2007 8.240 4,084.12 * * * 570,922.33
2000281700 10/20/2008 Pre Mod * * * * * * * * *
572,500.00 09/12/2008 * 0.00 * Post Mod 0 No Action 10/01/2008 8.240 4,096.23 * * * 570,746.43
2 Current Values 10 Bankruptcy 06/01/2009 8.240 4,096.23 01/01/2037 * 01/01/2037 567,165.17
2000281703 05/20/2009 Pre Mod 7 Foreclosure 08/01/2008 8.000 1,499.43 02/01/2037 * 02/01/2037 213,901.74
216,000.00 05/01/2009 * 0.00 * Post Mod 8 No Action 08/01/2008 2.000 674.38 02/01/2037 * 02/01/2037 213,583.86
2000281703 06/23/2009 Pre Mod 8 No Action 08/01/2008 2.000 674.38 02/01/2037 * 02/01/2037 213,583.86
216,000.00 05/01/2009 11,970.50 (747.06) 11,164.98 Post Mod 0 No Action 06/01/2009 2.000 674.38 02/01/2047 * 02/01/2037 214,012.51
2 Current Values 0 No Action 05/01/2010 2.000 674.38 02/01/2047 * 02/01/2037 210,488.63
2000281705 09/24/2009 Pre Mod 9 Foreclosure 11/01/2008 7.875 2,031.18 01/01/2037 * * 296,533.72
280,500.00 10/01/2009 20,789.04 71.78 0.00 Post Mod 0 No Action 10/01/2009 4.125 1,402.67 01/01/2037 * * 296,078.60
1 Current Values 2 No Action 02/01/2010 4.125 1,402.67 01/01/2037 N/A N/A 292,848.68
2000281707 05/19/2009 Pre Mod 1 No Action 02/01/2009 9.250 1,633.93 01/01/2037 * 01/01/2037 205,429.96
207,900.00 05/01/2009 4,752.87 (149.48) 0.00 Post Mod 0 No Action 05/01/2009 4.500 944.17 01/01/2047 * 01/01/2037 205,405.63
2000281707 06/23/2009 Pre Mod 0 No Action 05/01/2009 4.500 944.17 01/01/2047 * 01/01/2037 205,405.63
207,900.00 05/01/2009 4,752.87 0.00 4,495.46 Post Mod 0 No Action 06/01/2009 4.500 944.17 01/01/2047 * 01/01/2037 205,231.73
2 Current Values 0 No Action 05/01/2010 4.500 944.17 01/01/2047 * 01/01/2037 202,336.71
2000281717 02/24/2010 Pre Mod 20 Foreclosure 04/01/2008 8.290 2,574.96 01/01/2037 * 01/01/2037 355,199.69
358,700.00 01/01/2010 64,760.20 (66,184.82) * Post Mod 0 No Action 02/01/2010 2.000 1,505.92 06/01/2041 0.00 01/01/2037 420,470.59
1 Current Values 0 No Action 05/01/2010 2.000 1,505.92 06/01/2041 * 06/01/2041 417,740.54
2000281725 06/23/2009 Pre Mod 3 No Action 01/01/2009 8.375 2,920.77 01/01/2037 * * 418,498.52
418,500.00 06/01/2009 14,016.21 980.81 13,144.36 Post Mod 0 No Action 06/01/2009 1.750 1,591.12 01/01/2037 * * 417,517.71
1 Current Values 0 No Action 05/01/2010 1.750 1,591.12 01/01/2037 N/A N/A 406,063.33

Page 132
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000281739 06/23/2009 Pre Mod 0 No Action 05/01/2009 9.250 3,285.40 01/01/2037 * 01/01/2037 413,062.51
417,000.00 06/01/2009 3,184.02 (2.08) 3,011.91 Post Mod (1) No Action 07/01/2009 1.250 1,146.27 01/01/2047 * 01/01/2037 411,351.80
1 Current Values (2) No Action 07/01/2010 1.250 1,146.27 01/01/2047 * 01/01/2037 403,413.52
2000281740 02/24/2010 Pre Mod 14 Foreclosure 10/01/2008 6.125 2,573.26 02/01/2037 * * 407,775.73
424,000.00 02/01/2010 36,423.10 (43,465.67) * Post Mod 15 Foreclosure 10/01/2008 2.000 744.59 01/01/1950 0.00 * 451,176.44
1 Current Values (1) No Action 06/01/2010 2.000 750.84 01/01/1950 N/A N/A 450,168.74
2000281741 03/19/2009 Pre Mod 0 No Action 01/01/2009 6.875 2,550.71 02/01/2037 * * 379,910.93
380,000.00 03/01/2009 0.00 0.00 0.00 Post Mod 0 No Action 03/01/2009 6.140 1,943.88 02/01/2037 * * 379,910.93
1 Current Values 10 Foreclosure 06/01/2009 6.140 1,943.88 02/01/2037 N/A N/A 379,910.93
2000281744 01/21/2010 Pre Mod 10 Foreclosure 01/01/2009 7.000 1,862.00 01/01/2037 * * 319,200.00
319,200.00 01/01/2010 24,050.56 (23,364.75) * Post Mod 11 No Action 01/01/2009 3.000 1,543.94 01/01/2037 * * 342,564.75
1 Current Values (1) No Action 06/01/2010 3.000 1,543.94 01/01/2037 N/A N/A 339,292.66
2000281745 03/19/2009 Pre Mod 4 No Action 09/01/2008 9.375 1,669.00 02/01/2037 * 02/01/2037 207,486.68
208,800.00 03/01/2009 0.00 (351.45) 0.00 Post Mod 0 No Action 03/01/2009 6.000 1,158.33 02/01/2047 * 02/01/2037 207,717.23
1 Current Values 0 No Action 05/01/2010 6.000 1,158.33 02/01/2047 * 02/01/2037 205,894.38
2000281746 03/19/2009 Pre Mod 0 No Action 02/01/2009 8.750 2,178.55 02/01/2037 * * 272,760.13
277,600.00 03/01/2009 0.00 0.01 0.00 Post Mod 0 No Action 03/01/2009 7.990 2,034.99 02/01/2037 * * 272,541.26
2000281746 04/21/2010 Pre Mod (1) No Action 04/01/2010 7.990 2,034.99 02/01/2037 * * 289,318.04
277,600.00 04/01/2010 21,268.09 0.00 * Post Mod (1) No Action 05/01/2010 7.990 2,182.22 02/01/2037 * * 288,827.20
2 Current Values 0 No Action 05/01/2010 7.990 2,182.22 02/01/2037 N/A N/A 288,568.09
2000281750 08/20/2009 Pre Mod 1 No Action 06/01/2009 7.125 1,424.12 02/01/2037 * * 210,378.95
212,000.00 09/01/2009 3,995.24 7.08 0.00 Post Mod 0 No Action 09/01/2009 2.125 826.37 02/01/2037 * * 209,918.04
1 Current Values 3 Foreclosure 01/01/2010 2.125 826.37 02/01/2037 N/A N/A 206,197.66
2000281762 05/20/2009 Pre Mod 1 No Action 02/01/2009 7.750 1,850.48 01/01/2037 * * 253,582.75
260,000.00 05/01/2009 * (2.26) * Post Mod 0 No Action 05/01/2009 2.500 1,056.72 01/01/2037 * * 252,704.66
1 Current Values 0 No Action 05/01/2010 2.500 1,056.72 01/01/2037 N/A N/A 246,268.24
2000281771 05/19/2009 Pre Mod 6 Foreclosure 09/01/2008 8.750 2,428.87 01/01/2037 * * 333,101.57
333,200.00 05/01/2009 17,127.01 0.00 0.00 Post Mod 0 No Action 05/01/2009 4.000 1,110.34 01/01/2037 * * 332,323.04
1 Current Values 4 No Action 12/01/2009 4.000 1,107.49 01/01/2037 N/A N/A 332,247.14
2000281775 03/22/2010 Pre Mod 2 No Action 11/10/2009 8.375 2,489.07 01/10/2037 * 01/10/2037 340,383.00
344,250.00 01/01/2010 7,323.10 (7,096.67) * Post Mod 3 No Action 11/10/2009 4.125 1,782.87 01/01/2037 * 01/10/2037 346,866.87
1 Current Values 0 No Action 05/01/2010 4.125 1,782.87 12/10/2036 * 01/10/2037 345,683.80
2000281799 05/19/2009 Pre Mod 5 No Action 10/01/2008 8.375 1,305.16 01/01/2037 * * 168,557.48
172,720.00 05/01/2009 7,367.60 (1,049.94) 0.00 Post Mod (1) No Action 06/01/2009 3.000 751.01 01/01/2037 * * 168,942.58
1 Current Values 8 Foreclosure 08/01/2009 3.000 751.01 01/01/2037 N/A N/A 164,925.77

Page 133
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000281814 04/21/2010 Pre Mod 5 No Action 09/01/2009 7.870 1,958.27 02/01/2037 * * 262,443.94
270,000.00 01/01/2010 1,285.28 (825.20) 10,786.57 Post Mod (1) No Action 05/01/2010 5.000 1,484.46 02/01/2037 * * 262,878.20
1 Current Values 0 No Action 05/01/2010 5.000 1,484.46 02/01/2037 N/A N/A 262,489.07
2000281816 01/21/2010 Pre Mod 13 Foreclosure 10/01/2008 8.340 1,325.95 02/01/2037 * 02/01/2037 182,094.92
184,000.00 12/01/2009 19,639.64 (11,609.99) * Post Mod 14 Foreclosure 10/01/2008 2.000 587.32 11/01/2049 * 02/01/2037 193,421.08
1 Current Values 0 No Action 04/01/2010 2.000 587.32 11/01/2049 * 02/01/2037 192,358.62
2000281819 09/24/2009 Pre Mod 0 No Action 08/01/2009 8.740 940.50 02/01/2037 * * 117,354.92
120,000.00 09/01/2009 0.00 0.00 0.00 Post Mod 0 No Action 09/01/2009 8.740 940.50 02/01/2037 * * 117,269.16
1 Current Values 1 No Action 03/01/2010 8.740 940.50 02/01/2037 N/A N/A 116,560.18
2000281820 05/20/2009 Pre Mod 3 No Action 12/05/2008 8.750 1,276.83 02/05/2037 * 02/05/2037 168,902.71
170,000.00 05/01/2009 * (0.82) * Post Mod 0 No Action 05/01/2009 5.000 829.33 02/01/2047 * 02/05/2037 168,664.47
1 Current Values 4 Foreclosure 12/01/2009 5.000 829.33 01/05/2047 * 02/05/2037 167,088.94
2000281822 07/23/2009 Pre Mod 3 No Action 02/26/2009 8.625 1,948.63 01/26/2037 * * 245,965.09
252,000.00 06/26/2009 6,345.72 (7,089.05) 0.00 Post Mod 0 No Action 07/26/2009 5.000 1,373.09 01/01/2037 * * 252,705.90
1 Current Values 0 No Action 04/26/2010 5.000 1,373.09 12/26/2036 N/A N/A 249,612.66
2000281824 05/20/2009 Pre Mod 7 Foreclosure 08/01/2008 8.940 1,243.60 02/01/2037 * 02/01/2037 167,269.98
168,000.00 05/01/2009 * 0.00 * Post Mod 0 No Action 05/01/2009 5.940 926.44 02/01/2047 * 02/01/2037 167,171.53
1 Current Values 6 Foreclosure 10/01/2009 5.940 926.44 02/01/2047 * 02/01/2037 165,951.38
2000281826 05/20/2009 Pre Mod 1 No Action 02/01/2009 8.375 1,563.33 02/01/2037 * * 224,000.00
224,000.00 05/01/2009 * 0.00 * Post Mod (2) No Action 07/01/2009 3.000 560.00 02/01/2037 * * 223,962.74
1 Current Values 0 No Action 05/01/2010 3.000 559.63 02/01/2037 N/A N/A 223,850.40
2000281832 05/19/2009 Pre Mod 0 No Action 03/01/2009 9.625 1,546.29 01/01/2037 * * 179,303.69
182,900.00 05/01/2009 2,878.91 (214.93) 0.00 Post Mod 1 No Action 03/01/2009 7.100 1,235.38 01/01/2037 * * 179,344.12
2000281832 06/23/2009 Pre Mod 1 No Action 03/01/2009 7.100 1,235.38 01/01/2037 * * 179,344.12
182,900.00 05/01/2009 2,878.91 389.56 2,340.92 Post Mod 0 No Action 06/01/2009 7.100 1,235.38 01/01/2037 * * 179,169.86
2 Current Values 0 No Action 05/01/2010 7.100 1,235.38 01/01/2037 N/A N/A 177,182.88
2000281850 06/23/2009 Pre Mod 1 No Action 03/01/2009 7.875 1,953.89 01/01/2037 * 01/01/2037 282,254.96
286,000.00 06/01/2009 5,560.85 (301.26) 5,207.46 Post Mod 0 No Action 06/01/2009 1.750 854.06 01/01/2047 * 01/01/2037 282,113.78
1 Current Values 0 No Action 05/01/2010 1.750 854.06 01/01/2047 * 01/01/2037 276,896.43
2000281853 07/23/2009 Pre Mod (1) No Action 08/01/2009 7.000 1,503.15 01/01/2037 * * 223,555.17
220,000.00 08/01/2009 4,500.25 (1,226.78) 0.00 Post Mod (1) No Action 09/01/2009 2.125 389.37 01/01/2037 * * 224,781.95
1 Current Values 0 No Action 05/01/2010 2.125 397.97 01/01/2037 N/A N/A 224,738.76
2000281854 03/19/2009 Pre Mod 0 No Action 02/01/2009 8.000 1,617.89 01/01/2037 * 01/01/2037 230,879.50
233,600.00 03/01/2009 0.00 39.71 0.00 Post Mod 0 No Action 03/01/2009 6.460 1,360.97 01/01/2047 * 01/01/2037 230,721.72
1 Current Values 0 No Action 05/01/2010 6.460 1,360.98 01/01/2047 * 01/01/2037 228,997.30

Page 134
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000281868 04/20/2010 Pre Mod 18 Foreclosure 08/01/2008 8.740 1,414.66 01/01/2037 * 01/01/2037 186,376.15
188,100.00 02/01/2010 38,048.85 (38,621.52) * Post Mod 18 Foreclosure 09/01/2008 2.000 709.84 10/01/2047 0.00 01/01/2037 224,598.46
1 Current Values 0 Foreclosure 04/01/2010 2.000 709.84 10/01/2047 N/A N/A 224,262.95
2000281872 08/20/2009 Pre Mod 0 No Action 07/01/2009 6.500 1,076.81 02/01/2037 * * 167,358.10
165,360.00 09/01/2009 1,998.10 0.00 0.00 Post Mod 0 No Action 09/01/2009 5.500 757.90 02/01/2037 * * 167,358.10
1 Current Values 0 No Action 05/01/2010 5.500 767.06 02/01/2037 N/A N/A 167,358.10
2000281888 04/20/2010 Pre Mod 7 Foreclosure 07/01/2009 7.490 2,283.38 02/01/2037 * 02/01/2037 342,593.13
347,650.00 01/01/2010 26,690.87 (26,887.01) * Post Mod 0 No Action 04/01/2010 2.000 1,181.81 01/01/2047 0.00 02/01/2037 368,708.13
1 Current Values 0 No Action 05/01/2010 2.000 1,181.81 01/01/2047 N/A N/A 368,140.83
2000281914 05/19/2009 Pre Mod 0 No Action 03/01/2009 8.625 948.75 01/01/2037 * * 132,000.00
132,000.00 05/01/2009 1,897.50 254.49 0.00 Post Mod 0 No Action 05/01/2009 3.000 584.49 01/01/2037 * * 131,745.51
1 Current Values 0 No Action 05/01/2010 3.000 584.49 01/01/2037 N/A N/A 128,607.91
2000281915 06/23/2009 Pre Mod 0 No Action 04/01/2009 8.750 1,468.08 01/01/2037 * * 201,336.41
201,560.00 06/01/2009 2,936.16 0.00 2,768.38 Post Mod 0 No Action 06/01/2009 5.000 838.90 01/01/2037 * * 201,313.03
1 Current Values 1 No Action 03/01/2010 5.000 838.80 01/01/2037 N/A N/A 201,313.03
2000281916 11/20/2009 Pre Mod 12 No Action 10/01/2008 7.590 1,813.39 02/01/2037 * 02/01/2037 273,111.53
272,800.00 12/01/2009 0.00 19.54 * Post Mod 0 No Action 12/01/2009 6.875 1,675.51 02/01/2037 * 02/01/2037 272,981.18
1 Current Values 0 No Action 05/01/2010 6.875 1,675.51 02/01/2037 * 02/01/2037 272,317.36
2000281930 02/24/2010 Pre Mod 10 Foreclosure 02/01/2009 6.440 1,414.81 01/01/2037 * 01/01/2037 239,143.28
243,200.00 01/01/2010 25,462.13 (26,739.65) * Post Mod (1) No Action 03/01/2010 3.125 1,213.06 01/01/2037 0.00 01/01/2037 265,292.64
1 Current Values 0 No Action 05/01/2010 3.125 1,213.06 01/01/2037 * 01/01/2037 263,628.61
2000281940 12/21/2009 Pre Mod 16 No Action 06/01/2008 7.375 2,108.85 02/01/2037 * 02/01/2037 320,952.10
325,000.00 12/01/2009 12,776.89 (13,450.20) * Post Mod 4 No Action 07/01/2009 4.000 1,680.59 02/01/2037 * 02/01/2037 333,791.55
1 Current Values 0 No Action 05/01/2010 4.000 1,680.59 02/01/2037 * 02/01/2037 330,843.42
2000281941 04/20/2010 Pre Mod 6 No Action 08/01/2009 7.240 1,212.84 01/01/2037 * * 201,023.59
202,120.00 02/01/2010 7,455.10 (7,078.05) * Post Mod 7 No Action 08/01/2009 3.375 983.25 01/01/2037 0.00 * 207,683.77
1 Current Values 0 No Action 04/01/2010 3.375 983.25 01/01/2037 N/A N/A 207,284.63
2000281943 11/20/2009 Pre Mod 3 No Action 06/01/2009 7.540 1,403.92 01/01/2037 * * 194,015.48
200,000.00 11/01/2009 3,398.31 (4,068.74) * Post Mod 19 No Action 03/01/2008 5.625 1,185.28 01/01/2037 0.00 * 197,808.39
1 Current Values 0 No Action 05/01/2010 5.625 1,185.28 01/01/2037 N/A N/A 196,179.24
2000281946 04/21/2010 Pre Mod 17 Foreclosure 09/01/2008 6.990 1,095.10 02/01/2037 * * 187,999.70
188,000.00 01/01/2010 30,431.85 (29,807.19) * Post Mod 1 No Action 02/01/2010 2.000 700.90 09/01/2046 0.00 * 217,419.32
1 Current Values 0 No Action 05/01/2010 2.000 700.90 09/01/2046 N/A N/A 217,080.79
2000281949 07/20/2009 Pre Mod 0 No Action 06/01/2009 10.125 1,815.75 01/01/2037 * * 215,200.00
215,200.00 07/01/2009 0.00 0.00 0.00 Post Mod (1) No Action 08/01/2009 10.125 1,815.75 01/01/2037 0.00 * 215,200.00
1 Current Values 0 No Action 05/01/2010 8.380 1,502.81 01/01/2037 N/A N/A 213,459.48

Page 135
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000281962 02/24/2010 Pre Mod 9 Foreclosure 03/01/2009 8.000 1,964.49 02/01/2037 * 02/01/2037 279,355.27
283,500.00 01/01/2010 25,233.22 19,768.50 * Post Mod 0 No Action 02/01/2010 2.000 791.78 12/01/2049 0.00 02/01/2037 259,260.58
1 Current Values 0 No Action 05/01/2010 2.000 791.78 12/01/2049 * 12/01/2049 302,735.23
2000281964 02/24/2010 Pre Mod 9 Foreclosure 03/01/2009 8.000 2,398.78 02/01/2037 * 02/01/2037 341,112.54
345,000.00 01/01/2010 26,676.98 (24,844.20) * Post Mod (3) No Action 05/01/2010 2.000 1,428.80 02/01/2038 0.00 02/01/2037 365,096.46
1 Current Values (1) No Action 06/01/2010 2.000 1,428.80 02/01/2038 * 02/01/2038 362,631.44
2000281970 05/20/2009 Pre Mod 1 No Action 02/01/2009 7.740 1,472.24 02/01/2037 * * 201,784.44
205,700.00 05/01/2009 * 0.00 * Post Mod (1) No Action 06/01/2009 2.500 839.12 02/01/2037 * * 201,144.87
1 Current Values (1) No Action 06/01/2010 2.500 839.12 02/01/2037 N/A N/A 196,040.11
2000281971 05/19/2009 Pre Mod 0 No Action 05/01/2009 7.125 2,330.42 02/01/2037 * * 337,686.54
348,000.00 06/01/2009 0.00 0.00 0.00 Post Mod 0 No Action 06/01/2009 7.125 2,329.43 02/01/2037 * * 337,362.12
1 Current Values 0 No Action 05/01/2010 6.340 2,155.91 02/01/2037 N/A N/A 332,874.80
2000281976 06/23/2009 Pre Mod 1 No Action 03/01/2009 7.375 2,697.15 02/01/2037 * 02/01/2037 411,511.80
416,500.00 06/01/2009 7,593.38 (498.80) 7,078.06 Post Mod 0 No Action 06/01/2009 1.750 1,243.41 02/01/2047 * 02/01/2037 411,367.31
1 Current Values 0 No Action 04/01/2010 1.750 1,243.41 02/01/2047 * 02/01/2037 404,193.41
2000282009 07/23/2009 Pre Mod (1) No Action 08/01/2009 6.440 1,130.63 01/01/2037 * * 179,849.78
180,000.00 08/01/2009 4,158.87 (404.09) 0.00 Post Mod 0 No Action 08/01/2009 6.375 1,130.02 01/01/2037 * * 180,079.30
1 Current Values 6 No Action 10/01/2009 6.375 1,130.02 01/01/2037 N/A N/A 176,891.65
2000282012 11/23/2009 Pre Mod 6 No Action 03/01/2009 6.940 1,980.21 02/01/2037 * * 342,400.00
342,400.00 11/01/2009 * (16,086.68) * Post Mod 5 Bankruptcy 05/01/2009 2.750 784.67 02/01/2037 * * 358,486.68
1 Current Values 0 Bankruptcy 05/01/2010 2.750 820.45 02/01/2037 N/A N/A 358,013.40
2000282017 02/24/2010 Pre Mod 9 Foreclosure 03/08/2009 6.540 1,462.98 01/08/2037 * 01/08/2037 244,404.85
248,500.00 02/01/2010 21,406.37 (22,306.29) * Post Mod 10 Foreclosure 03/08/2009 2.000 629.54 01/01/1950 0.00 01/08/2037 266,488.94
1 Current Values 0 No Action 06/01/2010 2.000 629.54 01/08/1950 N/A N/A 264,860.70
2000282020 03/19/2009 Pre Mod 0 No Action 01/01/2009 9.125 1,910.33 01/01/2037 * * 231,364.23
236,000.00 03/01/2009 0.00 (352.15) 0.00 Post Mod 0 No Action 03/01/2009 5.500 1,354.83 01/01/2037 * * 231,421.97
1 Current Values 0 No Action 04/01/2010 5.500 1,354.83 01/01/2037 N/A N/A 226,728.03
2000282023 05/20/2009 Pre Mod 8 Foreclosure 07/01/2008 10.000 1,013.33 01/01/2037 * * 121,600.00
121,600.00 05/01/2009 * 0.00 * Post Mod 0 No Action 05/01/2009 4.240 429.65 01/01/2037 * * 121,600.00
1 Current Values 0 No Action 05/01/2010 4.240 428.45 01/01/2037 N/A N/A 121,259.27
2000282034 03/22/2010 Pre Mod 6 No Action 07/03/2009 7.240 1,354.48 01/03/2037 * * 193,115.15
198,750.00 12/01/2009 7,240.13 (7,149.07) * Post Mod 0 No Action 03/01/2010 2.000 411.54 12/01/2049 * * 200,174.54
1 Current Values 0 No Action 05/01/2010 2.000 411.54 11/03/2049 N/A N/A 199,802.29
2000282047 03/22/2010 Pre Mod 6 No Action 07/03/2009 7.890 1,524.84 01/03/2037 * * 204,168.90
210,000.00 01/01/2010 14,564.95 (15,543.31) * Post Mod 7 No Action 07/03/2009 4.875 1,222.27 01/01/2037 * * 219,319.38
1 Current Values 2 No Action 02/01/2010 4.875 1,222.27 12/03/2036 N/A N/A 218,655.46

Page 136
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000282050 03/22/2010 Pre Mod 7 No Action 06/09/2009 7.625 1,554.17 01/09/2037 * * 213,173.75
220,000.00 01/01/2010 9,151.91 (10,216.40) * Post Mod 0 No Action 03/01/2010 3.000 1,008.73 01/01/2037 * * 222,914.35
1 Current Values 0 No Action 06/01/2010 3.000 1,008.73 12/09/2036 N/A N/A 222,010.34
2000282056 03/22/2010 Pre Mod 7 No Action 06/23/2009 7.500 885.92 01/23/2037 * * 123,797.44
127,000.00 01/01/2010 3,972.89 (3,715.06) * Post Mod 0 No Action 02/01/2010 2.750 559.14 01/01/2037 * * 127,237.06
1 Current Values 0 No Action 04/01/2010 2.750 559.14 12/23/2036 N/A N/A 126,701.33
2000282061 05/19/2009 Pre Mod 3 No Action 12/22/2008 6.750 919.39 01/22/2037 * * 138,343.30
141,750.00 05/01/2009 3,138.13 (558.37) 0.00 Post Mod 0 No Action 05/01/2009 3.000 615.05 01/01/2037 * * 138,632.48
1 Current Values 3 No Action 01/22/2010 3.000 615.05 12/22/2036 N/A N/A 135,642.13
2000282064 05/20/2009 Pre Mod 0 No Action 03/23/2009 9.875 864.29 01/23/2037 * * 98,283.83
100,000.00 05/01/2009 * 0.00 * Post Mod 0 No Action 06/01/2009 3.000 435.20 01/01/2037 * * 98,094.34
1 Current Values 0 No Action 05/01/2010 3.000 435.20 12/23/2036 N/A N/A 95,783.17
2000282071 03/19/2009 Pre Mod 12 Foreclosure 01/01/2008 11.125 2,151.63 12/01/2036 * 12/01/2036 228,569.93
229,925.00 03/01/2009 0.00 (742.29) 0.00 Post Mod 0 No Action 03/01/2009 6.500 1,359.06 12/01/2046 * 12/01/2036 229,191.25
1 Current Values 8 Foreclosure 08/01/2009 6.500 1,359.06 12/01/2046 * 12/01/2036 227,485.50
2000282075 01/21/2010 Pre Mod 1 No Action 10/01/2009 8.370 1,913.91 01/01/2037 * * 245,630.44
252,000.00 12/01/2009 1,347.18 (1,743.62) * Post Mod 2 No Action 10/01/2009 8.125 1,885.17 01/01/2037 * * 247,152.01
1 Current Values 0 No Action 05/01/2010 8.125 1,885.17 01/01/2037 N/A N/A 246,294.65
2000282078 04/21/2010 Pre Mod 0 No Action 03/01/2010 11.790 330.07 12/01/2021 * 12/01/2021 31,095.26
32,600.00 04/01/2010 677.12 0.01 * Post Mod (1) No Action 05/01/2010 3.950 159.66 12/01/2036 * 12/01/2021 31,037.95
1 Current Values 0 No Action 05/01/2010 3.950 159.66 12/01/2036 * 12/01/2021 30,980.46
2000282079 05/20/2009 Pre Mod 4 No Action 11/01/2008 8.000 1,413.33 01/01/2037 * * 219,600.20
212,000.00 05/01/2009 7,600.20 0.00 * Post Mod 0 No Action 05/01/2009 1.750 320.25 01/01/2037 * * 219,600.20
1 Current Values 0 No Action 04/01/2010 1.750 320.19 01/01/2037 N/A N/A 219,556.37
2000282092 03/22/2010 Pre Mod 7 No Action 06/01/2009 5.990 1,308.75 02/01/2037 * * 209,950.00
210,000.00 01/01/2010 7,918.64 (7,805.04) * Post Mod 0 No Action 03/01/2010 2.000 126.23 01/01/2050 * * 217,755.04
1 Current Values 0 No Action 05/01/2010 2.000 362.93 01/01/2050 N/A N/A 217,641.06
2000282109 11/20/2009 Pre Mod 0 No Action 11/05/2009 8.220 1,493.15 01/01/2037 * 01/01/2037 213,970.02
208,000.00 12/01/2009 6,104.33 0.00 * Post Mod 0 No Action 12/01/2009 2.000 680.33 01/01/2037 73,939.84 01/01/2037 213,646.31
1 Current Values 0 No Action 05/01/2010 2.000 680.33 01/01/2037 73,939.84 01/01/2037 212,019.18
2000282113 01/21/2009 Pre Mod 3 No Action 08/01/2008 6.740 1,181.17 02/01/2037 * 02/01/2037 194,125.15
196,000.00 01/09/2009 * (537.45) * Post Mod 4 No Action 08/01/2008 6.740 1,181.17 02/01/2037 * 02/01/2037 194,571.77
1 Current Values 7 Foreclosure 09/01/2009 5.550 1,024.22 02/01/2037 * 02/01/2037 192,512.03
2000282121 04/21/2010 Pre Mod 5 No Action 09/01/2009 6.240 987.14 01/01/2037 * * 189,835.00
189,835.00 01/01/2010 0.00 0.00 5,465.10 Post Mod 0 No Action 03/01/2010 3.125 494.36 02/01/2037 * * 189,835.00
1 Current Values 0 No Action 05/01/2010 3.125 494.36 02/01/2037 N/A N/A 189,835.00

Page 137
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000282132 05/19/2009 Pre Mod 4 No Action 11/01/2008 8.125 1,398.52 01/01/2037 * * 206,550.00
206,550.00 05/01/2009 7,490.04 0.00 0.00 Post Mod 0 No Action 05/01/2009 3.500 602.44 01/01/2037 * * 206,550.00
1 Current Values 1 No Action 03/01/2010 3.500 602.44 01/01/2037 N/A N/A 206,550.00
2000282137 05/19/2009 Pre Mod 1 No Action 02/01/2009 7.450 1,237.40 02/01/2037 * * 176,478.41
180,000.00 05/01/2009 3,292.13 (420.95) 0.00 Post Mod 2 No Action 02/01/2009 2.500 586.95 11/01/2048 * * 176,680.07
2000282137 06/23/2009 Pre Mod 2 No Action 02/01/2009 2.500 586.95 11/01/2048 * * 176,680.07
180,000.00 05/01/2009 3,292.13 0.00 2,340.77 Post Mod 0 No Action 05/01/2009 2.500 586.95 11/01/2048 * * 176,461.20
2 Current Values 0 No Action 05/01/2010 2.500 586.95 11/01/2048 N/A N/A 174,023.36
2000282140 03/22/2010 Pre Mod 8 Foreclosure 05/01/2009 7.990 1,389.11 01/01/2037 * 01/01/2037 197,597.17
200,000.00 03/01/2010 * (14,321.00) * Post Mod 9 Foreclosure 05/01/2009 3.375 999.40 12/01/2036 * 01/01/2037 211,474.51
1 Current Values 0 No Action 05/01/2010 3.375 999.40 12/01/2036 * 01/01/2037 210,664.11
2000282144 06/23/2009 Pre Mod 4 No Action 12/01/2008 8.125 1,358.03 01/01/2037 * 01/01/2037 191,513.35
193,440.00 06/01/2009 7,282.16 0.00 6,803.88 Post Mod 0 No Action 06/01/2009 2.590 663.88 01/01/2047 * 01/01/2037 191,262.82
1 Current Values 2 No Action 02/01/2010 2.590 663.88 01/01/2047 * 01/01/2037 188,471.04
2000282147 01/21/2010 Pre Mod 5 No Action 06/01/2009 8.000 1,305.90 02/01/2037 * * 195,884.94
196,000.00 01/01/2010 11,466.61 (11,492.93) * Post Mod 0 No Action 01/01/2010 2.000 751.30 10/01/2040 * * 206,083.43
1 Current Values (2) No Action 07/01/2010 2.000 751.30 10/01/2040 N/A N/A 204,410.41
2000282163 09/19/2008 Pre Mod * * * * * * * * *
419,400.00 07/01/2008 * (1,786.78) * Post Mod 9 No Action 11/01/2007 6.490 2,462.90 * * * 417,297.48
2000282163 10/20/2008 Pre Mod * * * * * * * * *
419,400.00 09/04/2008 * 0.00 * Post Mod 0 No Action 09/01/2008 6.490 2,462.90 * * * 417,091.46
2 Current Values 3 Foreclosure 01/01/2010 6.490 2,462.90 01/01/2037 * 01/01/2037 459,594.57
2000282171 06/23/2009 Pre Mod 1 No Action 03/01/2009 7.375 1,332.11 02/01/2037 * * 216,750.00
216,750.00 06/01/2009 3,996.33 0.00 3,725.40 Post Mod 0 No Action 06/01/2009 3.500 632.19 02/01/2037 * * 216,750.00
1 Current Values 2 No Action 02/01/2010 3.500 632.19 02/01/2037 N/A N/A 216,750.00
2000282174 05/19/2009 Pre Mod 2 No Action 01/01/2009 6.625 1,282.19 02/01/2037 * * 195,321.50
201,000.00 05/01/2009 2,160.27 (871.18) 0.00 Post Mod 0 No Action 05/01/2009 3.000 867.03 02/01/2037 * * 194,435.54
1 Current Values 0 No Action 05/01/2010 3.000 867.03 02/01/2037 N/A N/A 189,800.86
2000282205 01/21/2009 Pre Mod 5 Foreclosure 06/01/2008 8.490 2,175.04 02/01/2037 * 02/01/2037 295,250.74
297,000.00 01/06/2009 * (672.42) * Post Mod 6 No Action 06/01/2008 8.490 2,175.04 02/01/2037 * 02/01/2037 295,837.02
1 Current Values 5 No Action 11/01/2009 6.500 1,750.72 02/01/2037 * 02/01/2037 293,365.85
2000282214 07/23/2009 Pre Mod (1) No Action 08/01/2009 9.125 1,539.84 02/01/2037 * * 215,343.90
202,500.00 08/01/2009 13,856.81 (2,003.79) 0.00 Post Mod 0 No Action 08/01/2009 3.125 527.34 02/01/2037 14,848.10 02/01/2037 217,347.69
1 Current Values 0 No Action 04/01/2010 3.125 566.01 02/01/2037 14,848.10 02/01/2037 217,347.69
2000282217 06/23/2009 Pre Mod 4 No Action 12/01/2008 7.920 1,268.34 02/01/2037 * 02/01/2037 182,330.13
184,000.00 06/01/2009 7,229.04 (378.45) 6,771.95 Post Mod 0 No Action 06/01/2009 2.750 648.69 02/01/2047 * 02/01/2037 182,477.73
1 Current Values 5 Foreclosure 11/01/2009 2.750 648.69 02/01/2047 * 02/01/2037 179,843.76

Page 138
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000282221 07/23/2009 Pre Mod 0 No Action 05/01/2009 7.000 1,205.37 02/01/2037 * * 206,634.62
208,000.00 07/01/2009 2,181.15 (1,907.01) 0.00 Post Mod (1) No Action 08/01/2009 5.250 1,178.17 04/01/2037 * * 208,541.63
1 Current Values 0 No Action 04/01/2010 5.250 1,178.17 04/01/2037 N/A N/A 205,987.94
2000282239 05/22/2009 Pre Mod 4 No Action 11/01/2008 9.375 1,110.88 01/01/2037 * 01/01/2037 138,006.87
139,200.00 05/01/2009 * 0.00 * Post Mod 5 No Action 11/01/2008 2.500 471.81 01/01/2037 * 01/01/2037 137,822.57
2000282239 06/23/2009 Pre Mod 5 No Action 11/01/2008 2.500 471.81 01/01/2037 * 01/01/2037 137,822.57
139,200.00 05/01/2009 5,927.51 (244.18) 5,581.36 Post Mod 6 No Action 11/01/2008 2.500 471.81 01/01/2047 * 01/01/2037 137,882.07
2 Current Values 0 No Action 05/01/2010 2.500 471.81 01/01/2047 * 01/01/2037 141,465.24
2000282253 05/19/2009 Pre Mod 4 No Action 11/01/2008 8.250 1,297.21 02/01/2037 * * 188,684.54
188,800.00 05/01/2009 7,210.90 0.00 0.00 Post Mod 5 Foreclosure 11/01/2008 2.000 314.47 02/01/2037 * * 188,684.54
2000282253 06/23/2009 Pre Mod 5 Foreclosure 11/01/2008 2.000 314.47 02/01/2037 * * 188,684.54
188,800.00 05/01/2009 7,210.90 0.00 6,739.19 Post Mod 0 No Action 06/01/2009 2.000 314.47 02/01/2037 * * 188,684.54
2 Current Values 0 No Action 05/01/2010 2.000 314.47 02/01/2037 N/A N/A 188,684.54
2000282264 03/22/2010 Pre Mod 9 No Action 04/01/2009 8.020 1,735.49 02/01/2037 * * 229,673.36
236,000.00 01/01/2010 17,426.37 (18,933.92) * Post Mod 0 No Action 03/01/2010 2.750 1,087.73 02/01/2037 * * 247,404.95
1 Current Values 0 No Action 05/01/2010 2.750 1,087.73 02/01/2037 N/A N/A 246,361.49
2000282289 06/23/2009 Pre Mod 0 No Action 05/01/2009 9.250 3,958.25 02/01/2037 * * 473,688.83
482,300.00 06/01/2009 0.00 0.00 0.00 Post Mod 0 No Action 06/01/2009 9.250 3,958.25 02/01/2037 * * 473,381.93
1 Current Values 1 No Action 03/01/2010 8.440 3,690.53 02/01/2037 N/A N/A 469,403.98
2000282291 04/20/2010 Pre Mod 5 No Action 09/01/2009 7.690 3,356.47 02/01/2037 * 02/01/2037 492,853.80
500,000.00 02/01/2010 13,934.44 (14,711.36) * Post Mod 6 No Action 09/01/2009 6.000 3,170.60 02/01/2037 0.00 02/01/2037 506,858.83
1 Current Values 0 No Action 05/01/2010 6.000 3,170.60 02/01/2037 N/A N/A 506,222.52
2000282304 07/23/2009 Pre Mod (1) No Action 08/01/2009 8.000 3,110.70 02/01/2037 * * 428,863.18
425,000.00 08/01/2009 12,996.54 (1,505.78) 0.00 Post Mod 0 No Action 08/01/2009 5.375 2,416.26 02/01/2037 * * 429,873.65
1 Current Values 0 No Action 05/01/2010 5.375 2,416.26 02/01/2037 N/A N/A 424,495.68
2000282317 03/22/2010 Pre Mod 5 No Action 08/01/2009 7.690 860.77 02/01/2037 * 02/01/2037 126,442.60
128,000.00 02/01/2010 5,067.71 (5,373.19) * Post Mod 5 No Action 09/01/2009 3.125 602.76 02/01/2037 * 02/01/2037 131,542.31
1 Current Values 0 No Action 05/01/2010 3.125 602.76 02/01/2037 * 02/01/2037 131,021.23
2000282331 06/23/2009 Pre Mod 6 Foreclosure 11/01/2008 9.340 1,730.87 02/01/2037 * 02/01/2037 216,097.34
217,000.00 07/01/2009 13,444.84 0.00 11,630.17 Post Mod (1) No Action 08/01/2009 3.250 829.56 02/01/2047 * 02/01/2037 215,853.04
1 Current Values 0 No Action 04/01/2010 3.250 829.56 02/01/2047 * 02/01/2037 225,105.72
2000282333 06/23/2009 Pre Mod 4 No Action 12/01/2008 9.125 929.03 02/01/2037 * 02/01/2037 118,405.51
119,000.00 06/01/2009 5,329.22 0.00 5,033.40 Post Mod 0 No Action 06/01/2009 3.000 437.03 02/01/2047 * 02/01/2037 118,264.49
1 Current Values 0 No Action 05/01/2010 3.000 437.03 02/01/2047 * 02/01/2037 116,654.74
2000282343 06/23/2009 Pre Mod 1 No Action 04/01/2009 9.750 1,041.96 02/01/2037 * * 119,716.77
121,500.00 07/01/2009 2,916.41 0.00 2,019.50 Post Mod 0 No Action 07/01/2009 2.250 485.78 01/01/2037 * * 119,455.46
1 Current Values 0 No Action 05/01/2010 2.250 485.78 01/01/2037 N/A N/A 119,669.72

Page 139
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000282349 07/23/2009 Pre Mod (1) No Action 08/01/2009 6.000 2,006.54 01/01/2037 * * 330,147.14
332,000.00 08/01/2009 4,875.85 (995.97) 0.00 Post Mod 0 No Action 08/01/2009 2.375 1,345.19 01/01/2037 * * 330,451.34
1 Current Values 0 No Action 04/01/2010 2.375 1,345.19 01/01/2037 N/A N/A 324,040.20
2000282352 01/21/2009 Pre Mod 0 No Action 11/01/2008 7.390 1,676.89 01/01/2037 * 01/01/2037 255,831.83
258,000.00 01/15/2009 * (302.31) * Post Mod 1 No Action 11/01/2008 7.390 1,676.89 01/01/2037 * 01/01/2037 256,032.75
2000282352 03/22/2010 Pre Mod 4 No Action 09/01/2009 4.000 1,093.12 01/01/2037 * 01/01/2037 252,853.86
258,000.00 01/01/2010 9,561.28 (10,669.98) * Post Mod 5 No Action 09/01/2009 2.000 458.43 01/01/2050 * 01/01/2037 263,486.83
2 Current Values 0 No Action 05/01/2010 2.000 458.43 01/01/2050 * 01/01/2037 263,072.87
2000282353 01/21/2010 Pre Mod 1 No Action 10/01/2009 6.990 2,052.30 01/01/2037 * * 298,972.76
308,800.00 12/01/2009 5,522.80 (5,914.68) * Post Mod 2 No Action 10/01/2009 2.000 1,048.58 02/01/2043 * * 304,337.15
1 Current Values 0 No Action 05/01/2010 2.000 1,048.58 02/01/2043 N/A N/A 302,165.82
2000282361 06/23/2009 Pre Mod 5 No Action 11/01/2008 8.500 1,933.03 01/01/2037 * 01/01/2037 262,343.23
265,500.00 06/01/2009 11,988.69 (7.21) 11,224.47 Post Mod 0 No Action 06/01/2009 3.000 969.47 01/01/2047 * 01/01/2037 261,012.18
1 Current Values 2 No Action 02/01/2010 3.000 969.47 01/01/2047 * 01/01/2037 257,481.95
2000282366 05/19/2009 Pre Mod 2 No Action 01/01/2009 9.750 1,509.86 02/01/2037 * * 173,375.64
176,000.00 05/01/2009 5,480.91 (420.81) 0.00 Post Mod 0 No Action 05/01/2009 4.190 882.25 02/01/2037 * * 173,519.57
1 Current Values 6 REO 10/01/2009 4.190 882.25 02/01/2037 N/A N/A 170,138.61
2000282369 04/20/2009 Pre Mod 0 No Action 02/01/2009 9.125 1,751.93 01/01/2037 * 01/01/2037 222,996.62
225,000.00 03/25/2009 0.00 (55.97) * Post Mod 0 No Action 04/01/2009 3.660 908.20 01/01/2047 * 01/01/2037 222,824.53
1 Current Values 0 No Action 05/01/2010 3.660 908.20 01/01/2047 * 01/01/2037 219,563.19
2000282379 04/20/2009 Pre Mod 12 Foreclosure 02/01/2008 8.250 2,156.46 02/01/2037 * * 282,069.95
288,000.00 03/19/2009 0.00 (3,355.63) * Post Mod 0 No Action 04/01/2009 1.750 1,077.60 02/01/2037 * * 284,759.33
1 Current Values 9 No Action 07/01/2009 1.750 1,077.60 02/01/2037 N/A N/A 276,073.34
2000282391 01/21/2010 Pre Mod 4 No Action 07/01/2009 7.990 1,910.05 02/01/2037 * 02/01/2037 271,996.50
275,000.00 12/01/2009 9,186.97 (9,331.79) * Post Mod (1) No Action 02/01/2010 4.125 1,436.15 02/01/2037 * 02/01/2037 279,241.31
1 Current Values 0 No Action 05/01/2010 4.125 1,436.15 02/01/2037 * 02/01/2037 277,326.42
2000282392 11/20/2009 Pre Mod 4 No Action 05/01/2009 7.625 1,983.50 01/01/2037 * 01/01/2037 293,877.20
297,500.00 11/01/2009 1,300.25 (1,797.60) * Post Mod 0 No Action 11/01/2009 5.250 1,507.76 01/01/2037 140,535.56 01/01/2037 295,452.75
2000282392 02/24/2010 Pre Mod 0 No Action 01/01/2010 5.135 1,507.76 01/01/2037 140,535.56 01/01/2037 299,441.35
297,500.00 12/01/2009 4,438.63 0.06 0.00 Post Mod 0 No Action 01/01/2010 5.135 1,507.76 01/01/2047 140,535.56 01/01/2037 299,214.89
2 Current Values 1 No Action 03/01/2010 5.135 1,507.76 01/01/2047 140,535.56 01/01/2037 298,529.68
2000282397 05/20/2009 Pre Mod 6 No Action 09/01/2008 8.000 4,757.18 02/01/2037 * * 640,462.01
650,000.00 05/01/2009 * 0.00 * Post Mod 0 No Action 05/01/2009 4.000 3,181.96 02/01/2037 * * 639,414.92
1 Current Values 0 No Action 05/01/2010 4.000 3,181.96 02/01/2037 N/A N/A 625,945.15

Page 140
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000282401 09/23/2008 Pre Mod * * * * * * * * *
250,000.00 09/06/2008 * (647.19) * Post Mod 3 No Action 05/01/2008 6.190 1,408.79 * * * 248,273.97
2000282401 10/20/2008 Pre Mod * * * * * * * * *
250,000.00 09/06/2008 * 0.00 * Post Mod 0 No Action 10/01/2008 6.000 1,379.81 * * * 248,135.53
2000282401 02/24/2010 Pre Mod 6 No Action 06/01/2009 6.000 1,379.81 02/01/2037 * 02/01/2037 245,973.88
250,000.00 02/01/2010 20,108.58 (21,317.03) * Post Mod 7 No Action 06/01/2009 2.000 860.23 07/01/2046 0.00 02/01/2037 266,840.64
3 Current Values 0 No Action 05/01/2010 2.000 860.23 07/01/2046 * 07/01/2046 265,592.07
2000282417 04/20/2009 Pre Mod 0 No Action 03/01/2009 8.375 3,252.04 02/01/2037 * * 465,929.52
468,000.00 03/03/2009 0.00 0.00 * Post Mod 0 No Action 04/01/2009 5.000 2,582.99 02/01/2037 * * 465,287.90
1 Current Values 0 No Action 05/01/2010 5.000 2,582.99 02/01/2037 N/A N/A 456,697.28
2000282420 04/21/2010 Pre Mod 7 No Action 07/01/2009 8.770 3,617.67 02/01/2037 * 02/01/2037 503,365.73
480,000.00 04/01/2010 28,023.48 0.00 * Post Mod 0 No Action 04/01/2010 6.040 2,822.06 02/01/2047 30,809.42 02/01/2047 503,077.28
1 Current Values 0 No Action 04/01/2010 6.040 2,822.06 02/01/2047 30,809.42 02/01/2047 502,787.38
2000282425 05/20/2009 Pre Mod 4 Foreclosure 11/01/2008 7.750 1,870.99 02/01/2037 * 02/01/2037 274,792.44
277,000.00 05/01/2009 * 0.00 * Post Mod 0 No Action 05/01/2009 3.000 1,013.06 02/01/2047 * 02/01/2037 274,466.36
1 Current Values 5 Foreclosure 11/01/2009 3.000 1,013.06 02/01/2047 * 02/01/2037 270,489.24
2000282428 05/19/2009 Pre Mod 0 No Action 04/01/2009 8.125 1,265.71 02/01/2037 * * 167,308.33
170,940.00 05/01/2009 1,133.71 (132.44) 0.00 Post Mod (1) No Action 06/01/2009 4.000 831.88 02/01/2037 * * 167,166.58
1 Current Values 0 No Action 05/01/2010 4.000 831.88 02/01/2037 N/A N/A 163,809.58
2000282437 02/24/2010 Pre Mod 5 No Action 07/01/2009 6.990 3,090.54 02/01/2037 * * 450,032.90
465,000.00 02/01/2010 20,850.42 (24,109.04) * Post Mod 6 No Action 07/01/2009 2.500 2,009.35 02/01/2037 0.00 * 473,070.16
1 Current Values 0 No Action 05/01/2010 2.500 2,009.35 02/01/2037 * 02/01/2037 469,992.39
2000282438 02/24/2010 Pre Mod 10 Foreclosure 02/01/2009 7.125 2,137.33 02/01/2037 * * 359,972.00
360,000.00 02/01/2010 40,269.30 (39,960.51) * Post Mod (1) No Action 03/01/2010 2.000 686.77 01/01/1950 0.00 * 399,932.51
1 Current Values 0 No Action 05/01/2010 2.000 686.77 01/01/1950 N/A N/A 399,003.06
2000282440 05/19/2009 Pre Mod 0 No Action 05/01/2009 8.500 1,040.56 02/01/2037 * * 132,686.38
135,700.00 06/01/2009 0.00 0.00 0.00 Post Mod 0 No Action 06/01/2009 8.500 1,038.89 02/01/2037 * * 132,587.35
1 Current Values 0 No Action 05/01/2010 7.690 965.74 02/01/2037 N/A N/A 131,270.59
2000282446 09/19/2008 Pre Mod * * * * * * * * *
242,200.00 06/01/2008 * (1,887.94) * Post Mod 1 No Action 07/01/2008 6.590 1,556.72 * * * 239,191.03
2000282446 10/20/2008 Pre Mod * * * * * * * * *
242,200.00 08/18/2008 * 0.00 * Post Mod 1 No Action 08/01/2008 6.590 1,556.72 * * * 238,947.87
2 Current Values 18 Foreclosure 10/01/2008 6.590 1,556.72 12/01/2036 N/A N/A 234,065.50
2000282454 02/20/2009 Pre Mod 5 Foreclosure 07/01/2008 11.790 592.30 01/01/2037 * * 57,999.25
58,500.00 02/01/2009 * (152.47) * Post Mod 6 No Action 07/01/2008 10.000 516.35 01/01/2037 * * 58,118.70
1 Current Values 8 No Action 08/01/2009 10.000 516.35 01/01/2037 N/A N/A 57,609.24

Page 141
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000282461 03/19/2009 Pre Mod 5 Foreclosure 08/28/2008 10.250 1,931.63 12/28/2036 * * 213,052.76
216,800.00 03/28/2009 0.00 (1,260.44) 0.00 Post Mod 0 No Action 03/28/2009 4.190 1,086.20 12/01/2036 * * 213,970.91
1 Current Values 7 No Action 09/28/2009 4.190 1,086.20 11/28/2036 N/A N/A 209,114.46
2000282463 09/24/2009 Pre Mod 6 Foreclosure 01/28/2009 8.375 722.90 12/29/2036 * * 93,072.57
95,400.00 09/29/2009 5,697.19 (6,453.27) 0.00 Post Mod 7 No Action 01/28/2009 6.000 580.57 12/01/2036 * * 99,410.63
1 Current Values 1 No Action 03/29/2010 6.000 580.57 11/29/2036 N/A N/A 98,490.02
2000282491 04/20/2009 Pre Mod 13 Foreclosure 01/28/2008 11.125 940.79 12/28/2036 * * 96,825.61
98,320.00 03/24/2009 0.00 (824.00) * Post Mod 0 No Action 04/28/2009 4.000 485.13 12/01/2036 * * 97,487.23
1 Current Values 0 No Action 04/28/2010 4.000 485.13 11/28/2036 N/A N/A 95,362.84
2000282493 04/20/2009 Pre Mod 6 Foreclosure 08/01/2008 8.940 680.27 02/01/2037 * * 83,713.16
85,000.00 04/01/2009 * (186.27) * Post Mod 7 Foreclosure 08/01/2008 8.940 371.90 02/01/2037 * * 84,151.19
2000282493 05/20/2009 Pre Mod 7 Foreclosure 08/01/2008 8.940 371.90 02/01/2037 * * 84,151.19
85,000.00 05/01/2009 * 0.00 * Post Mod 0 No Action 05/01/2009 3.000 371.90 02/01/2037 * * 83,989.67
2 Current Values 0 No Action 04/01/2010 3.000 371.90 02/01/2037 N/A N/A 82,019.62
2000282496 09/23/2008 Pre Mod * * * * * * * * *
236,300.00 09/08/2008 * (442.14) * Post Mod 2 No Action 06/01/2008 8.940 1,742.32 * * * 234,233.79
2000282496 10/20/2008 Pre Mod * * * * * * * * *
236,300.00 09/08/2008 * 0.00 * Post Mod 0 No Action 10/01/2008 8.000 1,742.32 * * * 234,053.03
2 Current Values 3 No Action 01/01/2010 8.000 1,742.32 02/01/2037 N/A N/A 230,380.17
2000282516 04/21/2010 Pre Mod 8 No Action 06/01/2009 8.820 671.29 02/01/2037 * * 82,754.46
84,800.00 04/01/2010 13,836.87 (13,938.57) * Post Mod 0 No Action 04/01/2010 8.820 783.53 02/01/2037 * * 96,517.75
1 Current Values 0 No Action 05/01/2010 8.820 783.53 02/01/2037 N/A N/A 96,443.63
2000282536 11/19/2008 Pre Mod 4 Foreclosure 05/01/2008 7.090 1,752.07 01/01/2037 * 01/01/2037 276,689.92
279,000.00 10/20/2008 * (10,558.76) * Post Mod 0 No Action 11/01/2008 5.290 1,459.95 01/01/2037 135,825.57 01/01/2037 287,008.47
1 Current Values 5 No Action 11/01/2009 5.290 1,459.95 01/01/2037 135,825.57 01/01/2037 283,369.01
2000282538 02/24/2010 Pre Mod 19 Foreclosure 05/01/2008 9.840 1,909.96 01/01/2037 * * 216,399.56
220,500.00 02/01/2010 49,029.33 (50,228.77) * Post Mod (1) No Action 03/01/2010 2.000 378.16 01/01/1950 0.00 * 266,610.84
1 Current Values 0 No Action 05/01/2010 2.000 444.06 01/01/1950 N/A N/A 266,093.32
2000282539 07/21/2008 Pre Mod * * * * * * * * *
217,500.00 04/01/2008 * (1,089.35) * Post Mod 0 No Action 07/01/2008 8.740 1,718.10 * * * 216,178.13
2000282539 06/23/2009 Pre Mod 6 Foreclosure 10/01/2008 8.740 1,718.10 01/01/2037 * * 215,889.88
217,500.00 06/01/2009 12,549.04 0.00 11,831.14 Post Mod 0 No Action 06/01/2009 1.750 820.80 01/01/2037 * * 215,383.92
2 Current Values 0 No Action 04/01/2010 1.750 820.80 01/01/2037 N/A N/A 209,681.12
2000282549 02/24/2010 Pre Mod 8 Foreclosure 04/01/2009 9.125 3,403.82 02/01/2037 * 02/01/2037 432,249.20
436,000.00 12/01/2009 34,249.11 (34,161.07) * Post Mod 0 No Action 02/01/2010 2.000 1,162.77 11/01/2049 0.00 02/01/2037 465,023.10
1 Current Values 0 No Action 05/01/2010 2.000 1,162.77 11/01/2049 * 11/01/2049 463,439.49

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Historical Modification Detail
Mod Appr Total No of
Total No of
Loan Number/ Date/Mod Capitalized Total Times Next Due Interest Payment Maturity Balloon Balloon Scheduled
Capitalized Months Loan Status
Original Balance Effective Reimb. Forgiveness Loan Date Rate Amount Date Amount Date Balance
Amount Delinq.
Date Amount Modified
Loan Group II
2000282552 05/19/2009 Pre Mod 2 No Action 01/01/2009 9.750 2,570.72 02/01/2037 * 02/01/2037 308,367.78
310,250.00 05/01/2009 9,623.78 (287.98) 0.00 Post Mod 0 No Action 05/01/2009 3.000 1,137.90 02/01/2047 * 02/01/2037 308,288.78
1 Current Values 0 No Action 04/01/2010 3.000 1,137.90 02/01/2047 * 02/01/2037 303,821.55
2000282565 11/19/2008 Pre Mod 4 No Action 05/01/2008 7.400 2,599.52 01/01/2037 * 01/01/2037 395,620.60
399,500.00 10/25/2008 * (943.95) * Post Mod 0 No Action 11/01/2008 7.400 2,600.15 01/01/2037 220,020.57 01/01/2037 396,404.06
2000282565 06/23/2009 Pre Mod 2 No Action 03/01/2009 7.400 2,600.15 01/01/2037 220,020.57 01/01/2037 395,933.55
399,500.00 07/01/2009 9,760.47 0.00 8,557.23 Post Mod 0 No Action 07/01/2009 5.750 2,145.65 01/01/2047 220,020.57 01/01/2037 395,685.08
2 Current Values 0 No Action 05/01/2010 4.000 2,145.65 01/01/2047 220,020.57 01/01/2037 434,714.21
2000282585 03/19/2009 Pre Mod 5 Foreclosure 08/01/2008 9.125 2,944.29 02/01/2037 * * 356,819.70
362,670.00 03/01/2009 0.00 (1,816.04) 0.00 Post Mod 0 No Action 03/01/2009 5.000 1,985.27 02/01/2037 * * 358,137.22
2000282585 02/24/2010 Pre Mod 3 No Action 09/01/2009 5.000 1,985.27 02/01/2037 * * 353,113.42
362,670.00 12/01/2009 42,299.22 (43,931.91) * Post Mod 4 No Action 09/01/2009 2.000 902.22 11/01/2049 0.00 * 396,731.63
2 Current Values 1 No Action 03/01/2010 2.000 902.22 11/01/2049 * 11/01/2049 395,506.52
2000282612 05/20/2009 Pre Mod 6 Bankruptcy 09/01/2008 7.750 3,042.47 02/01/2037 * * 419,374.33
428,000.00 05/01/2009 * 518.51 * Post Mod 0 Bankruptcy 05/01/2009 5.750 2,520.02 02/01/2037 * * 417,732.05
1 Current Values 6 Foreclosure 10/01/2009 5.750 2,520.02 02/01/2037 N/A N/A 416,015.64
2000282633 05/19/2009 Pre Mod 8 Foreclosure 07/01/2008 6.500 2,019.46 02/01/2037 * * 310,952.31
319,500.00 05/01/2009 16,940.97 (3,258.38) 0.00 Post Mod 0 No Action 05/01/2009 1.750 1,189.04 02/01/2037 * * 313,475.12
1 Current Values (2) No Action 07/01/2010 1.750 1,189.04 02/01/2037 N/A N/A 303,615.51

All Pre Mod values are from the cycle directly preceding the modification effective date, except for a modification with a prior effective date which will come from the cycle directly preceding the modification approval date.
Total Capitalized Reimbursement Amount is a projected value based upon the adjusted principal at the time of modification.
* This data is currently not provided for reporting.

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Modified Data Elements

Original % of Original Current % of Current


# of % of
CURRENT PERIOD SUMMARY Principal Principal Scheduled Scheduled
Modifications Modifications
Balance Balance Balance Balance
Interest Rate, Principal Balance, Scheduled P&I 4 30.7692 % 1,505,170.00 42.0217 % 1,645,374.72 43.6515 %
Interest Rate, Principal Balance, Scheduled P&I, ARM to Fixed 1 7.6923 % 192,000.00 5.3603 % 189,168.38 5.0186 %
Interest Rate, Maturity Date, Scheduled P&I 2 15.3846 % 309,920.00 8.6524 % 322,066.25 8.5444 %
Interest Rate, Maturity Date, Scheduled P&I, ARM to Fixed, IO to Fully 1 7.6923 % 346,500.00 9.6737 % 351,007.25 9.3122 %
Amortizing
Interest Rate, Scheduled P&I 2 15.3846 % 344,800.00 9.6262 % 353,247.98 9.3716 %
Interest Rate, Scheduled P&I, Balloon Date, Balloon Amount 1 7.6923 % 85,500.00 2.3870 % 89,390.72 2.3715 %
Interest Rate, Scheduled P&I, Balloon Date, Balloon Amount, IO to 1 7.6923 % 627,000.00 17.5047 % 648,534.90 17.2055 %
Fully Amortizing
Interest Rate, Scheduled P&I, ARM to Fixed 1 7.6923 % 171,000.00 4.7740 % 170,549.55 4.5247 %
Total 13 100.0000 % 3,581,890.00 100.0000 % 3,769,339.75 100.0000 %

Original % of Original Current % of Current


# of % of
CUMULATIVE SUMMARY Principal Principal Scheduled Scheduled
Modifications Modifications
Balance Balance Balance Balance
Interest Rate 2 0.2273 % 180,600.00 0.0952 % 177,175.38 0.0916 %
Interest Rate, Principal Balance 5 0.5682 % 797,200.00 0.4202 % 798,610.63 0.4131 %
Interest Rate, Principal Balance, Maturity Date 4 0.4545 % 1,084,500.00 0.5716 % 1,090,355.77 0.5640 %
Interest Rate, Principal Balance, Maturity Date, Scheduled P&I 202 22.9545 % 51,960,446.00 27.3851 % 53,872,120.90 27.8672 %
Interest Rate, Principal Balance, Maturity Date, Scheduled P&I, Fully 1 0.1136 % 114,880.00 0.0605 % 135,826.79 0.0703 %
Amortizing to IO
Interest Rate, Principal Balance, Maturity Date, Scheduled P&I, Balloon 2 0.2273 % 798,000.00 0.4206 % 814,892.92 0.4215 %
Date, Balloon Amount
Interest Rate, Principal Balance, Maturity Date, Scheduled P&I, Balloon 1 0.1136 % 233,750.00 0.1232 % 232,147.29 0.1201 %
Amount
Interest Rate, Principal Balance, Maturity Date, Scheduled P&I, ARM 1 0.1136 % 160,000.00 0.0843 % 158,950.95 0.0822 %
to Fixed
Interest Rate, Principal Balance, Maturity Date, Scheduled P&I, ARM 3 0.3409 % 493,920.00 0.2603 % 495,732.41 0.2564 %
to Fixed, Streamlined Modification
Interest Rate, Principal Balance, Scheduled P&I 210 23.8636 % 42,781,550.79 22.5475 % 43,748,295.82 22.6303 %
Interest Rate, Principal Balance, Scheduled P&I, Fully Amortizing to IO 13 1.4773 % 3,663,840.00 1.9310 % 3,854,880.13 1.9941 %
Interest Rate, Principal Balance, Scheduled P&I, Balloon Date, Balloon 4 0.4545 % 832,300.00 0.4387 % 873,964.95 0.4521 %
Amount
Interest Rate, Principal Balance, Scheduled P&I, Balloon Date, Balloon 2 0.2273 % 108,520.00 0.0572 % 116,113.02 0.0601 %
Amount, ARM to Fixed

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Original % of Original Current % of Current
# of % of
CUMULATIVE SUMMARY Principal Principal Scheduled Scheduled
Modifications Modifications
Balance Balance Balance Balance
Interest Rate, Principal Balance, Scheduled P&I, Balloon Amount 25 2.8409 % 7,041,238.00 3.7110 % 7,371,037.42 3.8129 %
Interest Rate, Principal Balance, Scheduled P&I, ARM to Fixed 13 1.4773 % 2,929,100.00 1.5437 % 2,943,335.12 1.5225 %
Interest Rate, Principal Balance, Scheduled P&I, ARM to Fixed, 3 0.3409 % 669,050.00 0.3526 % 667,290.62 0.3452 %
Streamlined Modification
Interest Rate, Principal Balance, Scheduled P&I, IO to Fully Amortizing 3 0.3409 % 1,139,250.00 0.6004 % 1,221,390.95 0.6318 %
Interest Rate, Maturity Date, Scheduled P&I 76 8.6364 % 17,673,056.00 9.3144 % 17,545,023.11 9.0758 %
Interest Rate, Maturity Date, Scheduled P&I, Balloon Date, Balloon 2 0.2273 % 123,500.00 0.0651 % 121,979.16 0.0631 %
Amount
Interest Rate, Maturity Date, Scheduled P&I, Balloon Date, Balloon 1 0.1136 % 480,000.00 0.2530 % 503,077.28 0.2602 %
Amount, ARM to Fixed
Interest Rate, Maturity Date, Scheduled P&I, ARM to Fixed, 1 0.1136 % 214,000.00 0.1128 % 211,489.26 0.1094 %
Streamlined Modification
Interest Rate, Maturity Date, Scheduled P&I, ARM to Fixed, IO to Fully 1 0.1136 % 346,500.00 0.1826 % 351,007.25 0.1816 %
Amortizing
Interest Rate, Scheduled P&I 167 18.9773 % 31,370,334.00 16.5333 % 31,083,394.19 16.0789 %
Interest Rate, Scheduled P&I, Fully Amortizing to IO 1 0.1136 % 243,000.00 0.1281 % 269,532.32 0.1394 %
Interest Rate, Scheduled P&I, Balloon Date, Balloon Amount 2 0.2273 % 167,400.00 0.0882 % 175,039.15 0.0905 %
Interest Rate, Scheduled P&I, Balloon Date, Balloon Amount, IO to 1 0.1136 % 627,000.00 0.3305 % 648,534.90 0.3355 %
Fully Amortizing
Interest Rate, Scheduled P&I, Balloon Amount 4 0.4545 % 986,100.00 0.5197 % 1,030,358.79 0.5330 %
Interest Rate, Scheduled P&I, ARM to Fixed 1 0.1136 % 171,000.00 0.0901 % 170,549.55 0.0882 %
Interest Rate, Scheduled P&I, ARM to Fixed, Streamlined Modification 4 0.4545 % 1,190,400.00 0.6274 % 1,183,224.37 0.6121 %
Principal Balance 27 3.0682 % 5,595,925.00 2.9493 % 5,659,253.41 2.9274 %
Principal Balance, Maturity Date 7 0.7955 % 1,533,400.00 0.8082 % 1,521,154.91 0.7869 %
Principal Balance, Maturity Date, Scheduled P&I 4 0.4545 % 438,320.00 0.2310 % 436,890.00 0.2260 %
Principal Balance, Maturity Date, Scheduled P&I, ARM to Fixed, 2 0.2273 % 467,500.00 0.2464 % 458,311.19 0.2371 %
Streamlined Modification
Principal Balance, Maturity Date, Balloon Date, Balloon Amount 2 0.2273 % 242,400.00 0.1278 % 257,587.01 0.1332 %
Principal Balance, Maturity Date, ARM to Fixed, Streamlined 2 0.2273 % 175,920.00 0.0927 % 172,491.32 0.0892 %
Modification
Principal Balance, Scheduled P&I 24 2.7273 % 2,651,748.00 1.3976 % 2,767,807.93 1.4317 %
Principal Balance, Scheduled P&I, Fully Amortizing to IO 1 0.1136 % 85,000.00 0.0448 % 84,151.19 0.0435 %
Principal Balance, Scheduled P&I, Balloon Date, Balloon Amount 3 0.3409 % 334,600.00 0.1763 % 365,537.16 0.1891 %
Principal Balance, Scheduled P&I, Balloon Date, Balloon Amount, 1 0.1136 % 25,800.00 0.0136 % 28,923.26 0.0150 %
ARM to Fixed
Principal Balance, Scheduled P&I, Balloon Amount 7 0.7955 % 1,915,300.00 1.0094 % 1,993,088.39 1.0310 %

Page 145
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Original % of Original Current % of Current
# of % of
CUMULATIVE SUMMARY Principal Principal Scheduled Scheduled
Modifications Modifications
Balance Balance Balance Balance
Principal Balance, Scheduled P&I, ARM to Fixed 2 0.2273 % 178,300.00 0.0940 % 193,432.53 0.1001 %
Principal Balance, Scheduled P&I, ARM to Fixed, Streamlined 1 0.1136 % 70,400.00 0.0371 % 69,203.85 0.0358 %
Modification
Principal Balance, Balloon Date, Balloon Amount 1 0.1136 % 344,000.00 0.1813 % 342,162.12 0.1770 %
Principal Balance, Balloon Amount 3 0.3409 % 686,320.00 0.3617 % 686,046.95 0.3549 %
Principal Balance, ARM to Fixed, Streamlined Modification 2 0.2273 % 112,000.00 0.0590 % 109,591.38 0.0567 %
Maturity Date, Scheduled P&I, ARM to Fixed, Streamlined 4 0.4545 % 735,400.00 0.3876 % 723,892.05 0.3745 %
Modification
Maturity Date, ARM to Fixed, Streamlined Modification 3 0.3409 % 719,350.00 0.3791 % 709,704.87 0.3671 %
Scheduled P&I 8 0.9091 % 1,066,215.00 0.5619 % 1,132,137.86 0.5856 %
Scheduled P&I, Balloon Amount 1 0.1136 % 102,800.00 0.0542 % 103,902.43 0.0537 %
Scheduled P&I, ARM to Fixed 2 0.2273 % 348,800.00 0.1838 % 363,785.42 0.1882 %
Scheduled P&I, ARM to Fixed, Streamlined Modification 5 0.5682 % 975,560.00 0.5142 % 947,244.14 0.4900 %
Scheduled P&I, IO to Fully Amortizing 1 0.1136 % 188,720.00 0.0995 % 197,497.70 0.1022 %
ARM to Fixed, Streamlined Modification 12 1.3636 % 2,165,820.00 1.1415 % 2,128,378.19 1.1010 %
Total 880 100.0000 % 189,740,032.79 100.0000 % 193,317,505.66 100.0000 %

Current Modified Data Elements Detail

Modification Modification Original Current Interest Principal Maturity Scheduled Balloon Balloon ARM to Fixed To IO To Fully Fully
Streamlined
Loan Number Approved Effective Principal Scheduled Rate Balance Date P&I Date Amt Fixed ARM Amortizing Amortizing
Modification
Date Date Balance Balance Change Change Change Change Change Change Change Change Change To IO Change
Loan Group I
0011722771 05/19/2010 05/01/2010 192,000.00 209,120.77 X X X
0011733811 05/19/2010 05/01/2010 320,000.00 345,327.52 X X X
Loan Group II
0011751514 05/19/2010 05/01/2010 793,250.00 870,652.21 X X X
0011757614 04/21/2010 05/01/2010 627,000.00 648,534.90 X X X X X
0011758288 05/19/2010 04/01/2010 199,920.00 220,274.22 X X X
2000255286 04/21/2010 05/01/2010 99,920.00 100,489.04 X X X
2000255478 04/21/2010 05/01/2010 192,000.00 189,168.38 X X X X
2000255721 04/21/2010 05/01/2010 210,000.00 221,577.21 X X X
2000280728 04/21/2010 05/01/2010 85,500.00 89,390.72 X X X X
2000281006 04/21/2010 05/01/2010 199,800.00 210,613.23 X X
2000281225 04/21/2010 05/01/2010 171,000.00 170,549.55 X X X
2000282327 04/21/2010 05/01/2010 145,000.00 142,634.75 X X
2000282376 04/21/2010 05/01/2010 346,500.00 351,007.25 X X X X X

For Additional Footnote information, please see bottom of the Historical Modified Data Elements Detail Section.
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Historical Modified Data Elements Detail

Modification Modification Original Current Interest Principal Maturity Scheduled Balloon Balloon ARM to Fixed To IO To Fully Fully
Streamlined
Loan Number Approved Effective Principal Scheduled Rate Balance Date P&I Date Amt Fixed ARM Amortizing Amortizing
Modification
Date Date Balance Balance Change Change Change Change Change Change Change Change Change To IO Change
Loan Group I
0011653693 12/21/2009 11/01/2009 311,000.00 312,144.07 X X X X
0011675422 02/19/2009 11/01/2008 64,000.00 63,637.16 X X X
0011675422 03/18/2010 02/01/2010 64,000.00 63,890.76 X X
0011693888 05/20/2009 05/01/2009 79,500.00 78,512.74 X X X
0011694391 04/21/2010 04/01/2010 70,000.00 58,361.99 X X
0011694782 04/20/2009 03/21/2009 119,920.00 118,044.45 X X X
0011694782 03/22/2010 01/01/2010 119,920.00 123,894.76 X X X
0011704733 12/18/2008 09/01/2008 120,800.00 121,131.87 X X X
0011707733 04/21/2010 04/01/2010 69,800.00 69,354.37 X X
0011707760 02/24/2010 02/01/2010 210,000.00 361,322.95 X X X X
0011710545 04/20/2009 05/01/2009 102,800.00 103,902.43 X X
0011713131 07/20/2009 08/01/2009 325,000.00 314,434.55 X X
0011715197 08/19/2009 08/01/2009 168,000.00 199,039.82 X X
0011716093 02/19/2010 01/01/2010 75,000.00 64,817.79 X X X
0011716882 03/22/2010 01/01/2010 136,800.00 143,042.18 X X X
0011719508 02/19/2009 01/01/2009 328,000.00 350,677.75 X X X X
0011721633 05/19/2009 05/01/2009 351,500.00 348,260.33 X X X X
0011721633 06/23/2009 05/01/2009 351,500.00 347,885.29 X X X
0011722176 12/20/2008 09/17/2008 323,000.00 321,452.93 X X X
0011722176 07/20/2009 08/01/2009 323,000.00 321,161.79 X X X X
0011726091 03/22/2010 01/01/2010 144,000.00 152,947.80 X
0011726824 04/21/2009 05/01/2009 403,750.00 422,450.27 X X X X
0011728899 03/18/2010 04/01/2010 202,000.00 217,402.34 X X
0011729057 12/18/2008 09/01/2008 247,000.00 253,907.16 X X X
0011729630 02/20/2009 03/01/2009 26,798.00 28,662.86 X X
0011729630 04/21/2010 04/01/2010 26,798.00 29,910.27 X X X
0011731176 05/20/2009 05/01/2009 414,375.00 412,100.61 X X X
0011732345 02/19/2009 02/01/2009 147,200.00 148,781.57 X X X
0011732920 02/24/2010 02/01/2010 120,000.00 118,974.89 X X X
0011734532 08/19/2009 08/01/2009 132,000.00 143,668.89 X X
0011740718 03/19/2009 03/01/2009 107,600.00 106,495.76 X X X
0011740905 11/19/2008 10/01/2008 103,200.00 110,230.30 X X X X
0011744046 03/19/2009 03/01/2009 140,000.00 139,322.52 X X X X
0011744046 11/20/2009 12/01/2009 140,000.00 146,764.41 X X
0011744197 04/21/2009 05/01/2009 243,000.00 269,532.32 X X X
0011744562 01/21/2009 01/01/2009 41,980.00 41,540.63 X X X
0011744703 05/19/2009 05/01/2009 100,800.00 100,350.83 X X X X
0011744703 06/23/2009 05/01/2009 100,800.00 100,238.10 X
0011747213 07/21/2009 03/01/2009 171,000.00 183,480.17 X X X

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Historical Modified Data Elements Detail

Modification Modification Original Current Interest Principal Maturity Scheduled Balloon Balloon ARM to Fixed To IO To Fully Fully
Streamlined
Loan Number Approved Effective Principal Scheduled Rate Balance Date P&I Date Amt Fixed ARM Amortizing Amortizing
Modification
Date Date Balance Balance Change Change Change Change Change Change Change Change Change To IO Change
0011747213 08/20/2009 03/01/2009 171,000.00 183,480.17 X
0011747254 05/19/2009 05/01/2009 256,500.00 253,818.89 X X X X
0011747580 05/20/2009 05/01/2009 267,900.00 287,632.31 X X X X
0011747589 05/20/2009 05/01/2009 309,000.00 339,724.73 X X X X
0011748354 05/20/2009 03/01/2009 133,000.00 134,494.82 X X X X
0011749177 07/23/2009 07/01/2009 88,000.00 92,870.25 X X X X
0011750031 07/23/2009 08/01/2009 277,100.00 285,270.27 X X X X
0011750040 03/20/2009 12/01/2008 269,500.00 293,846.16 X X X X
0011752220 01/21/2009 11/07/2008 360,000.00 357,490.83 X X X X
0011753069 04/21/2009 04/01/2009 150,100.00 153,249.35 X X X
0011753462 05/20/2009 05/01/2009 138,000.00 148,579.67 X X X X
0011754034 02/24/2010 01/01/2010 408,000.00 417,673.83 X X X X
0011754349 05/20/2009 05/01/2009 319,500.00 318,827.61 X X X
0011754349 02/24/2010 02/01/2010 319,500.00 351,807.26 X X X X
0011755130 01/21/2010 01/01/2010 353,100.00 370,262.90 X X X X
0011755131 01/20/2009 01/01/2009 22,500.00 22,797.29 X X
0011755201 03/22/2010 01/01/2010 291,600.00 318,787.19 X X X X
0011755228 06/23/2009 06/01/2009 301,000.00 300,935.10 X X
0011755311 12/21/2009 11/01/2009 171,000.00 176,547.16 X X X
0011755394 01/20/2009 01/01/2009 60,000.00 61,879.24 X X X
0011755902 02/20/2009 03/01/2009 231,300.00 228,821.19 X X
0011756611 07/23/2009 08/01/2009 164,500.00 166,146.33 X X X X
0011756885 05/19/2009 05/01/2009 342,000.00 341,999.21 X X
0011756945 04/20/2009 03/09/2009 212,000.00 210,742.59 X X X
0011757309 07/23/2009 08/01/2009 209,440.00 215,102.09 X X X X X X
0011758792 06/23/2009 06/01/2009 228,000.00 225,722.09 X X X
0011759290 04/21/2010 04/01/2010 240,000.00 240,120.24 X X X
0011759524 04/20/2010 02/01/2010 272,000.00 313,317.24 X X X X
0011762429 05/20/2009 05/01/2009 106,400.00 105,176.83 X X X
0011763247 12/21/2009 11/01/2009 275,500.00 274,958.58 X X X X
0011763829 02/24/2010 01/01/2010 301,500.00 313,975.01 X X X X
0011763857 02/24/2010 01/01/2010 360,000.00 367,901.05 X X X X
0011765046 05/20/2009 05/01/2009 270,750.00 269,052.82 X X X X
0011765750 01/21/2010 12/01/2009 465,000.00 455,347.30 X X X X
0011766211 06/23/2009 06/01/2009 250,200.00 249,389.09 X X X X
0011766959 08/20/2009 07/01/2009 413,250.00 423,697.35 X X
0011767059 11/20/2008 10/23/2008 240,550.00 238,774.09 X X X
0011767173 01/21/2010 12/01/2009 405,000.00 420,933.79 X X X
0011768188 12/18/2008 10/01/2008 125,000.00 129,555.52 X X X X
0011768270 09/24/2009 10/01/2009 387,000.00 402,250.44 X X X X
0011769748 02/24/2010 02/01/2010 39,800.00 33,313.77 X X

Page 148
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modified Data Elements Detail

Modification Modification Original Current Interest Principal Maturity Scheduled Balloon Balloon ARM to Fixed To IO To Fully Fully
Streamlined
Loan Number Approved Effective Principal Scheduled Rate Balance Date P&I Date Amt Fixed ARM Amortizing Amortizing
Modification
Date Date Balance Balance Change Change Change Change Change Change Change Change Change To IO Change
0011771302 05/20/2009 05/01/2009 101,520.00 98,989.36 X X
0011771303 05/20/2009 05/01/2009 25,380.00 24,996.19 X X
0011771503 11/19/2008 10/22/2008 303,300.00 302,288.07 X X X X
0011772267 09/21/2009 09/01/2009 395,250.00 406,587.23 X X X X
0011772432 02/20/2009 03/01/2009 168,000.00 167,726.11 X X X
0011772906 04/20/2010 02/01/2010 304,125.00 365,002.87 X X X X
0011776643 02/24/2010 01/01/2010 276,000.00 310,885.42 X X X X
0011776801 01/21/2009 10/30/2008 207,100.00 206,198.84 X X X X
0011776801 02/24/2010 02/01/2010 207,100.00 226,737.46 X X X X
0011776995 02/20/2009 03/01/2009 96,400.00 94,835.90 X X
0011777087 11/19/2009 04/01/2009 276,250.00 292,423.62 X X X
0011777169 02/24/2010 02/01/2010 362,250.00 366,747.77 X X X X
0011777384 11/20/2009 12/01/2009 288,000.00 296,695.23 X X X X
0011777809 01/21/2010 01/01/2010 316,000.00 325,426.22 X X X X
0011778125 04/21/2010 04/01/2010 45,980.00 56,951.21 X X X
0011778310 04/20/2009 03/23/2009 118,800.00 118,453.91 X X X X
0011778497 02/24/2010 12/01/2009 60,900.00 61,493.19 X X
0011778516 04/21/2010 04/01/2010 71,200.00 74,958.22 X X
0011779408 05/20/2009 05/01/2009 116,850.00 115,251.86 X X
0011779408 02/24/2010 03/01/2010 116,850.00 119,558.24 X
0011779459 02/24/2010 02/01/2010 51,000.00 41,282.61 X X X
0011779847 12/18/2008 09/01/2008 67,400.00 71,178.53 X X X X
0011781059 04/20/2010 02/01/2010 252,000.00 251,791.49 X X X X
0011781100 04/21/2010 04/01/2010 82,000.00 71,827.44 X X
0011781405 04/20/2009 03/11/2009 127,200.00 126,379.61 X X X
0011781695 02/24/2010 02/01/2010 53,000.00 41,767.49 X X
0011782039 02/24/2010 01/01/2010 260,000.00 204,337.81 X X X X
0011782091 08/20/2009 08/01/2009 185,400.00 189,441.01 X X X X
0011782833 05/19/2009 05/01/2009 270,750.00 269,563.65 X X X X
0011782833 06/23/2009 05/01/2009 270,750.00 269,490.38 X
0011782943 02/24/2010 01/01/2010 314,500.00 347,825.41 X X X X
0011785473 04/20/2009 03/09/2009 95,250.00 94,087.48 X X
0011788682 05/20/2009 05/01/2009 284,750.00 283,194.33 X X X
0011790458 06/23/2009 06/01/2009 80,750.00 80,034.68 X X
0011790822 05/19/2009 05/01/2009 200,000.00 196,007.20 X X X
0011792011 09/24/2009 10/01/2009 192,000.00 205,081.35 X X X X
0011793225 01/21/2010 01/01/2010 146,000.00 155,044.22 X X X X
0011793235 06/23/2009 07/01/2009 115,000.00 114,425.24 X X X
0011793677 06/23/2009 07/01/2009 379,880.00 377,840.24 X X X
0011793740 04/20/2009 03/23/2009 212,000.00 210,443.30 X X X X
0011793745 04/20/2009 03/01/2009 39,750.00 39,240.66 X X

Page 149
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modified Data Elements Detail

Modification Modification Original Current Interest Principal Maturity Scheduled Balloon Balloon ARM to Fixed To IO To Fully Fully
Streamlined
Loan Number Approved Effective Principal Scheduled Rate Balance Date P&I Date Amt Fixed ARM Amortizing Amortizing
Modification
Date Date Balance Balance Change Change Change Change Change Change Change Change Change To IO Change
0011795174 01/21/2010 12/01/2009 318,500.00 329,863.31 X X X
0011795816 02/24/2010 12/01/2009 513,000.00 325,328.45 X X X X
0011796503 02/24/2010 02/01/2010 20,075.00 20,420.00 X X X
0011797068 02/24/2010 02/01/2010 219,000.00 213,959.76 X X X
0011797183 04/22/2010 02/01/2010 234,000.00 232,615.45 X X X X
0011797417 05/22/2009 05/01/2009 102,000.00 100,037.47 X X
0011798099 02/24/2010 01/01/2010 250,000.00 255,807.20 X X X
0011798117 04/21/2010 04/01/2010 40,000.00 32,688.02 X X
0011799621 03/22/2010 02/01/2010 370,500.00 377,122.16 X X X X
0011799853 05/20/2009 04/01/2009 238,000.00 236,450.00 X X
0011799853 02/24/2010 12/01/2009 238,000.00 261,433.88 X X X X
0011802317 04/20/2009 03/19/2009 156,000.00 155,052.74 X X X X
Loan Group II
0011578780 11/19/2008 11/01/2008 101,600.00 100,186.59 X X X
0011593785 03/19/2009 01/01/2009 180,000.00 197,999.35 X X
0011600297 02/19/2009 02/01/2009 214,400.00 229,860.38 X X X X
0011679765 09/21/2009 09/01/2009 116,000.00 123,736.08 X X X
0011681920 07/23/2009 07/01/2009 340,000.00 370,486.31 X X X X
0011685339 12/20/2008 10/01/2008 104,500.00 103,698.53 X X X
0011690676 04/21/2010 04/01/2010 62,000.00 52,674.35 X X
0011691433 09/21/2009 09/01/2009 440,000.00 496,986.56 X X X X
0011696683 06/24/2009 06/01/2009 35,250.00 35,128.49 X X X
0011696683 04/21/2010 04/01/2010 35,250.00 41,934.57 X X X
0011696685 06/23/2009 06/01/2009 188,000.00 187,346.95 X X X
0011698932 11/19/2008 10/01/2008 164,000.00 184,128.33 X X X X
0011704286 03/19/2010 03/01/2010 364,000.00 404,762.43 X X
0011704409 12/22/2008 11/01/2008 290,800.00 319,787.57 X X X X X
0011704409 03/19/2009 02/01/2009 290,800.00 328,186.36 X X X
0011704409 04/20/2009 03/01/2009 290,800.00 333,405.52 X
0011710546 10/19/2009 11/01/2009 25,700.00 25,885.40 X X X
0011710585 03/19/2009 01/01/2009 53,000.00 54,228.48 X X
0011712211 06/22/2009 05/01/2009 220,480.00 231,201.48 X X X X
0011713018 01/20/2009 12/01/2008 302,554.00 315,100.97 X X X X
0011713021 03/19/2009 01/01/2009 75,638.00 75,984.65 X X
0011714092 01/20/2009 12/01/2008 191,920.00 192,548.82 X X X
0011716099 07/23/2009 08/01/2009 494,000.00 515,204.29 X X X
0011716884 09/24/2009 10/01/2009 34,200.00 34,161.83 X X
0011719484 03/18/2010 03/01/2010 95,920.00 96,908.37 X X X
0011719485 02/18/2010 03/01/2010 23,980.00 21,778.24 X X
0011726703 05/20/2009 05/01/2009 114,880.00 135,826.79 X X X X X
0011728911 03/18/2010 04/01/2010 46,000.00 49,449.32 X X

Page 150
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modified Data Elements Detail

Modification Modification Original Current Interest Principal Maturity Scheduled Balloon Balloon ARM to Fixed To IO To Fully Fully
Streamlined
Loan Number Approved Effective Principal Scheduled Rate Balance Date P&I Date Amt Fixed ARM Amortizing Amortizing
Modification
Date Date Balance Balance Change Change Change Change Change Change Change Change Change To IO Change
0011731466 04/20/2009 04/01/2009 60,000.00 58,977.62 X X X
0011731467 05/20/2009 05/01/2009 240,000.00 236,811.02 X X X X
0011734159 04/20/2010 04/01/2010 424,000.00 466,946.05 X X X
0011735949 10/22/2009 11/01/2009 378,000.00 381,638.08 X X
0011736886 05/20/2009 05/01/2009 468,000.00 482,946.30 X X X X
0011737504 03/22/2010 01/01/2010 326,900.00 335,224.60 X X X X
0011738294 01/21/2010 12/01/2009 187,992.00 222,640.42 X X X
0011739660 11/19/2008 10/01/2008 164,050.00 173,711.13 X X X
0011739660 02/18/2010 02/01/2010 164,050.00 187,507.98 X X X
0011740327 04/21/2010 04/01/2010 29,980.00 25,868.23 X X
0011740399 04/22/2009 04/01/2009 204,000.00 212,377.83 X X X
0011740399 07/21/2009 05/01/2009 204,000.00 212,881.73 X X X
0011740908 02/19/2009 12/01/2008 25,800.00 28,923.26 X X X X X
0011741551 06/23/2009 06/01/2009 92,400.00 91,941.78 X X X X
0011741551 02/24/2010 02/01/2010 92,400.00 94,632.02 X X
0011741711 04/21/2010 12/01/2009 68,000.00 66,562.88 X X X
0011742530 02/19/2009 01/01/2009 256,000.00 276,208.61 X X X X
0011743184 02/24/2010 02/01/2010 95,400.00 81,147.74 X X
0011743502 09/21/2009 09/01/2009 548,000.00 570,507.34 X X X
0011743616 08/21/2009 08/01/2009 23,500.00 27,314.68 X X
0011744011 05/19/2009 05/01/2009 476,000.00 475,985.71 X X
0011744047 03/19/2009 03/01/2009 35,000.00 34,535.57 X X X
0011744047 11/20/2009 12/01/2009 35,000.00 35,372.67 X X
0011744704 05/19/2009 05/01/2009 25,200.00 25,009.46 X X X
0011744955 05/19/2009 05/01/2009 492,000.00 488,930.33 X X X X
0011744955 06/23/2009 05/01/2009 492,000.00 488,417.17 X
0011745038 11/19/2008 11/01/2008 175,750.00 175,835.71 X X X
0011745977 04/21/2009 03/01/2009 152,550.00 162,088.07 X X X X
0011746450 06/23/2009 07/01/2009 238,000.00 238,000.00 X X
0011746804 04/21/2009 03/01/2009 316,000.00 333,096.73 X X X
0011746889 02/24/2010 02/01/2010 94,000.00 74,182.19 X X
0011746952 01/21/2009 12/01/2008 375,200.00 372,683.30 X X
0011747043 11/19/2009 11/01/2009 38,985.00 42,845.39 X X
0011747152 04/21/2009 05/01/2009 424,000.00 451,085.30 X X X
0011747154 04/21/2009 05/01/2009 106,000.00 122,371.61 X
0011747792 05/20/2009 05/01/2009 61,000.00 65,197.92 X X X
0011748094 11/19/2009 11/01/2009 202,275.00 232,930.74 X X X
0011748240 02/24/2010 02/01/2010 32,200.00 32,491.07 X X
0011748885 01/20/2009 01/01/2009 20,840.00 22,934.86 X X
0011749730 02/24/2010 12/01/2009 459,000.00 457,445.00 X X X
0011750257 08/20/2009 05/01/2009 256,000.00 271,410.98 X X

Page 151
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modified Data Elements Detail

Modification Modification Original Current Interest Principal Maturity Scheduled Balloon Balloon ARM to Fixed To IO To Fully Fully
Streamlined
Loan Number Approved Effective Principal Scheduled Rate Balance Date P&I Date Amt Fixed ARM Amortizing Amortizing
Modification
Date Date Balance Balance Change Change Change Change Change Change Change Change Change To IO Change
0011750869 03/22/2010 01/01/2010 216,000.00 232,192.47 X X X
0011751028 05/20/2009 05/01/2009 231,990.00 243,448.94 X X X X
0011751592 05/20/2009 05/01/2009 538,400.00 533,868.69 X X X
0011752047 05/20/2009 05/01/2009 176,000.00 172,986.34 X X
0011752048 05/20/2009 05/01/2009 44,000.00 43,505.57 X X
0011753402 06/23/2009 06/01/2009 376,000.00 374,160.56 X X X
0011753407 06/23/2009 06/01/2009 94,000.00 93,061.34 X X
0011753769 02/24/2010 12/01/2009 270,750.00 268,064.14 X X X
0011755214 02/19/2009 01/01/2009 308,000.00 321,221.86 X X X X
0011755395 01/20/2009 01/01/2009 15,000.00 14,875.61 X X
0011755626 11/20/2009 11/01/2009 46,000.00 45,133.39 X X
0011755727 04/21/2009 04/01/2009 328,000.00 344,968.51 X X X
0011756101 06/23/2009 06/01/2009 185,600.00 184,180.99 X X X X
0011756121 11/23/2009 10/01/2009 46,400.00 46,286.13 X X X
0011756289 10/19/2009 10/01/2009 232,000.00 271,484.78 X X X
0011756972 05/20/2009 04/01/2009 117,000.00 120,166.39 X X X X
0011756973 08/19/2009 08/01/2009 468,000.00 490,783.01 X X X
0011758428 06/22/2009 06/01/2009 99,995.00 104,113.99 X X X X
0011758494 01/21/2010 12/01/2009 775,000.00 916,210.45 X X X X
0011759327 05/20/2009 05/01/2009 551,200.00 546,200.40 X X
0011759327 06/23/2009 05/01/2009 551,200.00 546,818.40 X X
0011759334 05/19/2009 05/01/2009 137,800.00 136,810.38 X X X
0011759620 04/22/2010 02/01/2010 313,500.00 319,503.94 X X X
0011759711 01/21/2009 12/01/2008 346,750.00 349,219.43 X X X X
0011759958 03/18/2010 03/01/2010 211,560.00 252,567.27 X X X
0011759981 04/20/2009 03/31/2009 500,000.00 496,404.66 X X X X
0011760165 11/20/2009 11/01/2009 247,200.00 253,816.42 X X X
0011761020 10/19/2009 10/01/2009 460,750.00 505,844.00 X X X
0011761026 04/21/2009 01/01/2009 151,650.00 158,816.20 X X X X
0011761386 01/21/2009 11/03/2008 357,600.00 353,461.51 X X X X
0011761913 04/20/2009 03/01/2009 641,250.00 641,250.00 X X
0011762107 08/19/2009 08/01/2009 145,825.00 159,656.63 X X
0011762261 12/21/2009 11/01/2009 240,000.00 244,255.62 X X X X
0011762434 05/19/2009 05/01/2009 26,600.00 26,392.65 X X X
0011763147 04/21/2010 04/01/2010 51,600.00 45,654.62 X X
0011764198 01/21/2010 12/01/2009 548,000.00 579,794.94 X X X
0011764220 12/20/2008 11/20/2008 260,300.00 259,709.77 X X X X
0011765007 05/20/2009 05/01/2009 460,750.00 464,574.96 X X
0011765472 05/19/2009 05/01/2009 121,125.00 119,517.59 X X X
0011765472 06/23/2009 05/01/2009 121,125.00 119,236.42 X
0011765574 01/20/2009 01/01/2009 45,900.00 46,358.15 X X

Page 152
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modified Data Elements Detail

Modification Modification Original Current Interest Principal Maturity Scheduled Balloon Balloon ARM to Fixed To IO To Fully Fully
Streamlined
Loan Number Approved Effective Principal Scheduled Rate Balance Date P&I Date Amt Fixed ARM Amortizing Amortizing
Modification
Date Date Balance Balance Change Change Change Change Change Change Change Change Change To IO Change
0011765908 03/22/2010 01/01/2010 304,000.00 301,672.93 X X X X X
0011766478 06/23/2009 07/01/2009 53,000.00 52,511.96 X X
0011766595 04/21/2010 04/01/2010 73,000.00 58,781.91 X X
0011766957 04/20/2010 01/01/2010 316,000.00 358,509.04 X X X X
0011767114 05/20/2009 05/01/2009 85,200.00 84,283.97 X
0011767116 05/20/2009 05/01/2009 340,800.00 339,245.27 X X X
0011767575 05/20/2009 05/01/2009 31,798.00 31,576.38 X X
0011767757 06/23/2009 05/01/2009 476,000.00 473,057.66 X X X X
0011767762 05/19/2009 05/01/2009 119,000.00 118,022.77 X X X
0011767984 02/24/2010 02/01/2010 513,000.00 526,187.20 X X X X
0011768470 02/22/2010 02/01/2010 164,350.00 177,068.25 X X X X
0011768591 05/20/2009 05/01/2009 300,800.00 300,800.00 X X
0011768706 05/20/2009 05/01/2009 75,200.00 74,162.73 X X
0011768885 02/24/2010 02/01/2010 115,000.00 106,638.48 X X
0011769195 05/20/2009 06/01/2009 476,000.00 496,174.48 X X X X X X
0011769198 06/23/2009 06/01/2009 119,000.00 126,396.41 X X X
0011770196 12/18/2008 10/01/2008 427,500.00 437,158.75 X X
0011770196 05/20/2009 03/01/2009 427,500.00 444,965.89 X X X X
0011770250 02/24/2010 02/01/2010 28,000.00 24,386.38 X X
0011770255 05/20/2009 05/01/2009 448,000.00 440,403.89 X X
0011771442 02/24/2010 01/01/2010 188,000.00 188,373.96 X X X X
0011771826 02/24/2010 02/01/2010 56,000.00 46,885.54 X X
0011772575 05/19/2009 05/01/2009 64,800.00 63,513.05 X X X
0011772653 06/22/2009 05/01/2009 268,000.00 272,536.63 X X X X
0011772690 05/20/2009 05/01/2009 125,625.00 124,566.09 X X
0011772690 04/21/2010 04/01/2010 125,625.00 127,892.80 X X
0011773097 06/22/2009 06/01/2009 291,200.00 323,353.83 X X X
0011773208 04/20/2009 03/21/2009 213,592.00 213,591.99 X X
0011773586 05/20/2009 06/01/2009 125,000.00 148,002.02 X
0011774055 06/23/2009 07/01/2009 169,000.00 168,484.28 X X X
0011774055 02/24/2010 12/01/2009 169,000.00 176,581.55 X X
0011774683 06/24/2009 07/01/2009 192,000.00 191,046.51 X X X
0011774685 06/23/2009 06/01/2009 48,000.00 47,277.51 X X
0011774791 05/20/2009 04/01/2009 48,000.00 46,953.05 X X X
0011775267 01/21/2010 01/01/2010 292,000.00 315,012.62 X X X X
0011775271 05/20/2009 05/01/2009 204,000.00 203,384.96 X X
0011775273 08/20/2009 08/01/2009 51,000.00 54,037.89 X X X X X
0011775724 02/24/2010 02/01/2010 46,000.00 46,197.64 X X
0011776048 03/22/2010 01/01/2010 324,716.00 368,303.26 X X X X
0011776537 02/24/2010 02/01/2010 34,554.00 35,118.80 X X
0011776736 01/21/2010 01/10/2010 420,000.00 435,343.28 X X X X

Page 153
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modified Data Elements Detail

Modification Modification Original Current Interest Principal Maturity Scheduled Balloon Balloon ARM to Fixed To IO To Fully Fully
Streamlined
Loan Number Approved Effective Principal Scheduled Rate Balance Date P&I Date Amt Fixed ARM Amortizing Amortizing
Modification
Date Date Balance Balance Change Change Change Change Change Change Change Change Change To IO Change
0011777048 02/24/2010 01/01/2010 152,000.00 154,340.53 X X X
0011777059 02/24/2010 02/01/2010 16,200.00 16,045.61 X X X
0011777099 04/20/2010 01/01/2010 124,110.00 60,048.74 X X X X
0011777389 11/23/2009 11/01/2009 72,000.00 74,641.49 X X
0011777668 07/23/2009 07/01/2009 76,000.00 75,806.19 X X X
0011777678 09/24/2009 09/01/2009 442,500.00 444,638.71 X X
0011778080 02/24/2010 02/01/2010 448,000.00 528,171.12 X X X X
0011778115 05/20/2009 05/01/2009 324,000.00 321,661.04 X X X
0011778309 04/20/2009 03/19/2009 29,700.00 29,525.51 X X X
0011778517 02/24/2010 03/01/2010 17,800.00 18,321.73 X X
0011778911 05/20/2009 05/01/2009 414,670.00 422,152.82 X X X X
0011778912 04/21/2009 05/01/2009 103,665.00 106,027.48 X
0011779430 04/21/2010 04/01/2010 44,800.00 46,232.37 X X
0011779458 02/24/2010 01/01/2010 204,000.00 210,715.72 X X X X
0011779666 03/22/2010 01/01/2010 535,500.00 557,916.74 X X X X
0011779952 04/22/2010 03/01/2010 230,400.00 230,175.83 X X X
0011780899 04/21/2010 04/01/2010 115,000.00 101,794.30 X X
0011780907 05/19/2009 05/01/2009 226,400.00 225,244.67 X X X X
0011780908 06/23/2009 05/01/2009 56,600.00 55,988.03 X X
0011781029 06/24/2009 05/01/2009 21,000.00 23,271.90 X X
0011781097 01/21/2009 10/01/2008 328,000.00 326,799.88 X X X X
0011781161 04/20/2009 03/23/2009 191,200.00 190,222.34 X X X X
0011781166 04/21/2010 04/01/2010 47,800.00 40,636.98 X X
0011781408 06/23/2009 06/01/2009 31,800.00 31,589.31 X X X
0011781555 05/19/2009 05/01/2009 500,000.00 499,036.00 X X
0011782122 02/24/2010 02/01/2010 258,960.00 281,204.91 X X X X
0011782148 02/24/2010 02/01/2010 129,000.00 103,883.66 X X
0011782150 03/22/2010 01/01/2010 516,000.00 553,536.26 X X X X
0011782268 04/20/2010 02/01/2010 411,280.00 432,209.39 X X X
0011782634 02/24/2010 02/01/2010 113,980.00 98,016.97 X X
0011783054 12/20/2008 11/01/2008 230,000.00 227,006.07 X X X
0011783112 02/24/2010 02/01/2010 60,990.00 50,248.79 X X
0011783167 11/20/2008 11/01/2008 94,950.00 95,439.98 X X X
0011783205 06/23/2009 06/01/2009 564,000.00 558,957.24 X X X X
0011783206 06/23/2009 06/01/2009 141,000.00 139,596.44 X X X
0011783332 04/21/2010 04/01/2010 72,000.00 58,108.01 X X
0011783641 06/23/2009 06/01/2009 72,800.00 80,373.86 X X
0011783776 05/20/2009 05/01/2009 468,000.00 466,140.21 X X X
0011783862 01/21/2010 01/01/2010 375,000.00 380,860.16 X X X X
0011784116 03/19/2009 03/01/2009 205,600.00 198,459.25 X X X
0011784134 02/20/2009 03/01/2009 51,400.00 34,514.48 X X

Page 154
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modified Data Elements Detail

Modification Modification Original Current Interest Principal Maturity Scheduled Balloon Balloon ARM to Fixed To IO To Fully Fully
Streamlined
Loan Number Approved Effective Principal Scheduled Rate Balance Date P&I Date Amt Fixed ARM Amortizing Amortizing
Modification
Date Date Balance Balance Change Change Change Change Change Change Change Change Change To IO Change
0011784562 05/20/2009 05/01/2009 440,000.00 438,836.11 X X X
0011784562 06/23/2009 05/01/2009 440,000.00 437,845.38 X
0011784590 04/21/2010 04/01/2010 88,400.00 71,778.66 X X
0011785832 07/23/2009 07/01/2009 304,000.00 353,538.81 X X X X
0011786363 02/24/2010 01/01/2010 479,750.00 503,958.84 X X X X
0011786421 03/22/2010 01/01/2010 500,000.00 531,277.64 X X X
0011786719 04/20/2009 03/18/2009 388,000.00 384,951.31 X X X X
0011787127 05/20/2009 05/01/2009 72,200.00 71,335.15 X X
0011787821 02/24/2010 02/01/2010 26,600.00 26,887.75 X X X
0011788735 05/19/2009 05/01/2009 117,000.00 116,017.92 X X X
0011788735 02/24/2010 02/01/2010 117,000.00 119,641.44 X X
0011788741 05/19/2009 05/01/2009 468,000.00 466,670.69 X X X X
0011789209 05/19/2009 05/01/2009 455,000.00 453,377.88 X X X X
0011789449 05/19/2009 05/01/2009 100,000.00 99,066.82 X X X
0011789454 05/20/2009 05/01/2009 400,000.00 400,000.00 X X
0011789626 04/21/2010 04/01/2010 34,000.00 27,774.99 X X
0011790068 02/24/2010 03/01/2010 36,500.00 41,316.19 X
0011790205 04/20/2009 03/03/2009 296,000.00 295,118.91 X X X
0011790384 03/22/2010 03/01/2010 256,000.00 250,074.12 X X X X
0011790480 02/24/2010 02/01/2010 30,000.00 24,369.28 X X
0011790487 02/24/2010 12/01/2009 237,500.00 234,483.29 X X X X
0011790658 11/20/2009 12/01/2009 724,500.00 735,693.98 X X X
0011790760 03/22/2010 01/01/2010 229,330.00 240,859.76 X X X X
0011790860 06/23/2009 06/01/2009 479,920.00 477,143.80 X X X X
0011791026 05/19/2009 05/01/2009 448,000.00 443,859.54 X X X X
0011791162 05/19/2009 05/01/2009 156,000.00 155,338.47 X X X X
0011791162 06/23/2009 05/01/2009 156,000.00 155,272.34 X
0011791163 05/19/2009 05/01/2009 39,000.00 38,686.64 X X X
0011791163 06/23/2009 05/01/2009 39,000.00 38,622.77 X
0011792147 04/20/2009 03/26/2009 351,200.00 347,829.39 X X X X
0011792148 04/21/2010 04/01/2010 87,800.00 74,233.47 X X
0011792914 04/21/2010 04/01/2010 27,000.00 27,369.20 X X
0011793127 06/23/2009 07/01/2009 216,000.00 210,728.64 X X X
0011793622 06/23/2009 06/01/2009 348,000.00 346,431.99 X X X X
0011793624 06/23/2009 06/01/2009 87,000.00 86,092.64 X X X
0011793625 04/20/2010 02/01/2010 174,600.00 190,516.14 X X X X
0011794769 05/20/2009 05/01/2009 106,800.00 105,817.56 X X
0011794770 05/20/2009 05/01/2009 427,200.00 427,200.00 X X
0011795774 04/20/2009 03/02/2009 74,000.00 72,946.60 X X
0011796075 04/21/2010 04/01/2010 142,000.00 117,590.57 X X
0011796304 06/23/2009 06/01/2009 631,750.00 631,750.00 X X

Page 155
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modified Data Elements Detail

Modification Modification Original Current Interest Principal Maturity Scheduled Balloon Balloon ARM to Fixed To IO To Fully Fully
Streamlined
Loan Number Approved Effective Principal Scheduled Rate Balance Date P&I Date Amt Fixed ARM Amortizing Amortizing
Modification
Date Date Balance Balance Change Change Change Change Change Change Change Change Change To IO Change
0011796977 05/20/2009 05/01/2009 291,850.00 289,784.82 X X X
0011797141 01/21/2010 01/01/2010 437,000.00 460,976.66 X X X X
0011797500 03/19/2009 02/01/2009 344,000.00 342,306.51 X X X X
0011797500 04/20/2009 03/02/2009 344,000.00 342,162.12 X X X
0011798343 02/24/2010 12/01/2009 58,500.00 58,631.18 X X
0011798752 04/20/2009 03/02/2009 296,000.00 294,799.22 X X X
0011798752 02/24/2010 02/01/2010 296,000.00 307,802.43 X X X X
0011799155 04/20/2009 03/21/2009 335,200.00 333,866.30 X X X X
0011800034 11/23/2009 10/01/2009 44,600.00 49,739.99 X X X X X X
0011800034 04/21/2010 04/01/2010 44,600.00 50,379.18 X X X
0011800331 03/22/2010 01/01/2010 588,000.00 616,492.98 X X X
0011800412 02/24/2010 12/01/2009 160,000.00 159,973.42 X X X X
0011800786 02/20/2009 03/01/2009 265,534.00 279,241.54 X X X X
0011801550 05/19/2009 05/01/2009 300,000.00 298,094.41 X X X X
0011801551 05/19/2009 05/01/2009 75,000.00 74,425.45 X X X
0011801674 04/21/2010 04/01/2010 27,900.00 22,621.09 X X
0011802133 05/20/2009 04/01/2009 191,250.00 190,486.11 X X
0011802791 12/20/2008 09/01/2008 280,000.00 279,679.36 X X
0011808877 05/19/2009 05/01/2009 232,750.00 232,108.93 X X
0073954185 11/19/2009 11/01/2009 110,000.00 127,544.34 X X
0073963890 12/18/2008 09/01/2008 369,750.00 403,127.41 X X X
0073963890 01/21/2010 02/01/2010 369,750.00 432,660.66 X
0073964770 01/20/2010 11/13/2009 191,900.00 178,646.84 X X X
0073966507 04/21/2009 03/01/2009 229,000.00 262,658.20 X X X X
2000195706 05/19/2009 06/01/2009 446,250.00 444,143.69 X X X
2000254834 06/23/2009 07/01/2009 259,200.00 254,382.15 X X
2000254854 04/20/2009 03/31/2009 70,400.00 69,203.85 X X X X
2000254856 05/20/2009 05/01/2009 76,720.00 75,734.68 X X
2000254857 05/20/2009 05/01/2009 168,000.00 166,679.47 X X
2000254858 01/21/2010 01/01/2010 168,300.00 169,118.05 X X X X
2000254871 05/20/2009 05/01/2009 164,000.00 161,674.30 X X
2000254875 03/19/2009 03/01/2009 94,500.00 93,411.34 X X X
2000254875 04/20/2009 03/02/2009 94,500.00 93,252.20 X
2000254887 11/19/2008 10/24/2008 106,720.00 105,903.35 X X X
2000254892 01/21/2010 12/01/2009 79,920.00 80,436.18 X X X
2000254894 03/22/2010 02/01/2010 352,000.00 380,743.03 X X X
2000254899 05/19/2009 05/06/2009 63,920.00 62,449.28 X X X X
2000254901 07/23/2009 07/01/2009 345,600.00 355,624.46 X X
2000254918 11/20/2009 12/01/2009 89,730.00 97,532.90 X X X
2000254926 04/20/2009 03/06/2009 116,000.00 113,410.20 X X
2000254929 08/20/2009 08/01/2009 135,120.00 140,734.11 X X

Page 156
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modified Data Elements Detail

Modification Modification Original Current Interest Principal Maturity Scheduled Balloon Balloon ARM to Fixed To IO To Fully Fully
Streamlined
Loan Number Approved Effective Principal Scheduled Rate Balance Date P&I Date Amt Fixed ARM Amortizing Amortizing
Modification
Date Date Balance Balance Change Change Change Change Change Change Change Change Change To IO Change
2000254930 05/20/2009 05/01/2009 404,000.00 404,000.00 X X
2000254935 03/19/2009 03/01/2009 234,767.00 231,656.00 X X X
2000254936 06/23/2009 07/01/2009 85,500.00 84,064.10 X X X X X
2000254937 04/20/2009 03/13/2009 99,000.00 97,636.30 X X X X
2000254946 04/20/2010 02/01/2010 80,000.00 79,636.34 X X X X
2000254947 07/20/2009 06/27/2009 340,000.00 335,215.02 X X X X
2000254967 01/21/2010 12/01/2009 168,000.00 170,495.26 X X X X
2000254978 03/22/2010 01/01/2010 94,400.00 97,930.82 X X X X
2000254981 11/20/2009 12/01/2009 261,360.00 286,841.39 X X X
2000255004 05/20/2009 05/01/2009 110,400.00 108,759.58 X X X
2000255008 04/20/2010 12/01/2009 190,800.00 200,842.72 X X X
2000255013 02/24/2010 02/01/2010 104,000.00 115,536.00 X X X X
2000255021 04/20/2009 04/01/2009 118,800.00 116,456.11 X X
2000255023 05/19/2009 03/20/2009 112,500.00 111,787.89 X X X
2000255029 05/19/2009 05/01/2009 140,400.00 138,288.91 X X X
2000255029 04/22/2010 03/01/2010 140,400.00 143,096.59 X X X
2000255036 04/20/2009 03/02/2009 118,400.00 118,137.44 X X
2000255039 06/23/2009 07/01/2009 250,800.00 248,185.38 X X X
2000255044 08/20/2009 08/22/2009 50,880.00 49,908.60 X X X X X X
2000255053 03/22/2010 01/01/2010 137,000.00 146,538.65 X X X X
2000255057 02/20/2009 03/01/2009 205,200.00 202,668.11 X X X
2000255063 01/21/2010 12/01/2009 400,000.00 399,634.78 X X X X
2000255096 06/23/2009 06/01/2009 284,000.00 277,641.54 X X
2000255096 04/22/2010 03/01/2010 284,000.00 287,272.91 X X X
2000255106 06/23/2009 06/01/2009 249,600.00 243,614.24 X X X
2000255111 03/22/2010 01/01/2010 183,350.00 180,228.99 X X X
2000255119 07/20/2009 07/01/2009 133,000.00 131,620.81 X X X X
2000255137 04/20/2009 03/23/2009 340,000.00 338,306.24 X X X X
2000255165 04/20/2009 03/13/2009 517,500.00 511,372.65 X X
2000255165 02/23/2010 02/01/2010 517,500.00 531,321.07 X X X X
2000255168 02/24/2010 11/01/2009 168,000.00 162,620.58 X X X
2000255169 05/19/2009 05/01/2009 181,000.00 178,834.60 X X X
2000255174 04/20/2009 04/01/2009 288,000.00 282,791.80 X X X X X
2000255190 12/22/2008 11/01/2008 110,400.00 109,720.13 X X X
2000255200 01/21/2010 01/01/2010 225,000.00 240,397.04 X X X X
2000255212 05/20/2009 05/01/2009 180,000.00 177,430.35 X X
2000255218 11/23/2009 10/01/2009 64,710.00 67,486.21 X X X
2000255221 04/22/2010 03/01/2010 296,000.00 312,298.94 X X X
2000255250 09/24/2009 08/17/2009 191,250.00 194,030.43 X
2000255275 11/20/2009 11/01/2009 64,000.00 62,638.33 X X X
2000255276 05/20/2009 05/01/2009 95,600.00 93,185.71 X

Page 157
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modified Data Elements Detail

Modification Modification Original Current Interest Principal Maturity Scheduled Balloon Balloon ARM to Fixed To IO To Fully Fully
Streamlined
Loan Number Approved Effective Principal Scheduled Rate Balance Date P&I Date Amt Fixed ARM Amortizing Amortizing
Modification
Date Date Balance Balance Change Change Change Change Change Change Change Change Change To IO Change
2000255276 06/23/2009 05/01/2009 95,600.00 93,375.10 X X
2000255288 04/20/2009 03/13/2009 71,920.00 71,687.11 X X
2000255292 06/23/2009 07/01/2009 86,400.00 85,215.71 X X X
2000255293 05/19/2009 03/27/2009 225,000.00 220,773.71 X X X
2000255294 02/20/2009 03/01/2009 116,036.00 114,187.72 X X X
2000255305 03/22/2010 01/01/2010 95,000.00 96,410.54 X X X X
2000255323 03/22/2010 01/01/2010 125,000.00 124,070.73 X X X X
2000255326 05/20/2009 05/01/2009 212,000.00 212,000.00 X X
2000255327 05/19/2009 03/20/2009 148,000.00 147,166.59 X X X
2000255331 02/24/2010 02/01/2010 143,120.00 160,979.75 X X X X
2000255338 03/19/2009 03/01/2009 180,000.00 176,604.74 X X X X
2000255346 01/21/2010 12/01/2009 99,200.00 99,407.07 X X X
2000255355 01/21/2010 12/01/2009 184,400.00 251,101.53 X X X X
2000255361 02/20/2009 03/01/2009 191,920.00 189,898.92 X X X
2000255370 02/24/2010 01/01/2010 186,300.00 221,000.12 X X X X
2000255376 05/19/2009 05/01/2009 252,000.00 247,121.31 X X X
2000255376 06/23/2009 05/01/2009 252,000.00 246,542.16 X
2000255404 02/24/2010 12/01/2009 107,200.00 110,354.27 X X X X
2000255413 05/19/2009 05/01/2009 152,000.00 150,350.70 X X X
2000255432 06/23/2009 06/01/2009 416,000.00 412,352.62 X X X X
2000255438 05/19/2009 05/01/2009 173,600.00 170,741.87 X X X
2000255438 06/23/2009 05/01/2009 173,600.00 170,356.40 X
2000255442 05/19/2009 05/01/2009 216,000.00 214,968.05 X X X X
2000255442 06/23/2009 05/01/2009 216,000.00 214,805.86 X
2000255442 02/24/2010 12/01/2009 216,000.00 218,450.87 X
2000255445 07/23/2009 08/01/2009 136,000.00 141,094.86 X X X
2000255446 04/21/2010 04/01/2010 188,720.00 197,497.70 X X
2000255447 02/24/2010 12/01/2009 170,000.00 174,032.07 X X X X
2000255448 03/22/2010 01/01/2010 140,000.00 153,532.99 X X X
2000255449 01/21/2010 01/01/2010 268,000.00 301,258.24 X X X X
2000255456 06/23/2009 07/01/2009 195,200.00 193,990.09 X X X
2000255459 11/23/2009 10/01/2009 316,000.00 314,493.86 X X
2000255461 01/21/2010 01/01/2010 184,000.00 204,593.79 X X X X
2000255478 03/19/2009 03/01/2009 192,000.00 187,302.22 X X
2000255482 04/20/2009 03/12/2009 233,000.00 227,776.18 X X
2000255496 04/20/2009 03/18/2009 315,000.00 314,395.36 X X
2000255505 12/22/2008 10/13/2008 193,500.00 192,457.74 X X X X
2000255535 05/20/2009 05/01/2009 72,000.00 71,122.74 X X
2000255536 04/20/2009 03/12/2009 159,792.00 156,426.52 X X
2000255540 07/23/2009 08/01/2009 229,600.00 243,369.46 X X X X
2000255548 11/20/2009 10/01/2009 153,626.79 152,029.45 X X X

Page 158
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modified Data Elements Detail

Modification Modification Original Current Interest Principal Maturity Scheduled Balloon Balloon ARM to Fixed To IO To Fully Fully
Streamlined
Loan Number Approved Effective Principal Scheduled Rate Balance Date P&I Date Amt Fixed ARM Amortizing Amortizing
Modification
Date Date Balance Balance Change Change Change Change Change Change Change Change Change To IO Change
2000255551 06/23/2009 06/01/2009 163,800.00 161,062.66 X X
2000255556 01/21/2009 11/28/2008 51,100.00 50,517.49 X X X
2000255577 04/20/2010 01/01/2010 212,500.00 224,213.06 X X X X
2000255586 02/24/2010 02/01/2010 169,980.00 174,610.69 X X X
2000255596 11/19/2008 11/13/2008 220,000.00 214,902.18 X X X X
2000255596 07/20/2009 08/01/2009 220,000.00 213,158.83 X X X
2000255597 03/22/2010 01/01/2010 122,550.00 119,767.85 X
2000255599 03/22/2010 01/01/2010 270,000.00 263,217.71 X X X X
2000255600 04/20/2009 03/19/2009 76,500.00 74,673.79 X X X
2000255605 05/20/2009 05/01/2009 66,000.00 65,182.08 X X
2000255612 05/19/2009 05/01/2009 102,000.00 100,736.48 X X X
2000255612 06/23/2009 05/01/2009 102,000.00 100,541.40 X
2000255634 04/20/2009 03/02/2009 122,400.00 119,805.92 X X
2000255636 02/24/2010 02/01/2010 314,000.00 304,403.44 X X X X
2000255639 03/22/2010 01/01/2010 304,000.00 331,369.26 X X X X
2000255647 06/23/2009 05/20/2009 230,000.00 232,681.12 X X X X
2000255674 03/19/2009 03/01/2009 450,000.00 443,405.13 X X X
2000255692 04/20/2009 03/01/2009 284,500.00 282,681.82 X X X
2000255700 06/23/2009 06/01/2009 247,500.00 245,216.44 X X X
2000255703 07/23/2009 07/01/2009 218,000.00 230,283.00 X X
2000255705 05/20/2009 05/01/2009 553,500.00 553,489.50 X X
2000255708 05/20/2009 05/01/2009 230,100.00 230,067.01 X X
2000255709 11/20/2009 12/01/2009 284,000.00 293,243.71 X X X
2000255730 08/20/2009 08/01/2009 150,400.00 148,989.48 X X X X
2000255737 09/24/2009 10/01/2009 160,550.00 160,542.32 X X X X
2000255738 07/23/2009 08/01/2009 131,400.00 152,890.69 X X X X
2000255753 06/23/2009 07/01/2009 176,800.00 175,226.87 X X X
2000255759 07/23/2009 07/01/2009 235,450.00 243,482.31 X X
2000255759 02/24/2010 01/01/2010 235,450.00 261,260.95 X X X X
2000255761 05/20/2009 05/01/2009 299,200.00 295,549.43 X X X
2000255765 02/24/2010 02/01/2010 217,600.00 220,530.06 X X X
2000255767 08/20/2009 08/01/2009 216,000.00 215,735.79 X X X
2000255769 04/20/2009 03/01/2009 368,000.00 365,567.10 X X X
2000255778 04/21/2010 04/01/2010 174,400.00 164,359.60 X X
2000255779 08/20/2009 08/01/2009 130,500.00 125,248.61 X X X
2000255782 08/20/2009 08/01/2009 274,000.00 282,219.09 X X
2000255785 04/21/2010 04/01/2010 304,000.00 317,817.16 X X X X
2000255811 06/23/2009 07/01/2009 214,000.00 211,489.26 X X X X X
2000255820 02/20/2009 11/01/2008 191,120.00 189,407.66 X X
2000255821 01/21/2010 01/01/2010 228,000.00 250,563.75 X X X X
2000255824 04/20/2010 02/01/2010 238,400.00 285,254.95 X X X X

Page 159
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modified Data Elements Detail

Modification Modification Original Current Interest Principal Maturity Scheduled Balloon Balloon ARM to Fixed To IO To Fully Fully
Streamlined
Loan Number Approved Effective Principal Scheduled Rate Balance Date P&I Date Amt Fixed ARM Amortizing Amortizing
Modification
Date Date Balance Balance Change Change Change Change Change Change Change Change Change To IO Change
2000255825 01/21/2010 12/01/2009 300,000.00 334,796.90 X X X
2000255827 11/20/2009 12/01/2009 92,250.00 92,636.51 X X X X X
2000255830 12/22/2008 09/01/2008 100,000.00 99,446.85 X X X X
2000255830 03/22/2010 01/01/2010 100,000.00 100,959.87 X X X
2000255861 04/21/2010 04/01/2010 180,000.00 185,778.06 X X
2000255876 01/21/2010 01/01/2010 244,800.00 264,344.21 X X X X
2000255889 03/22/2010 02/01/2010 243,100.00 254,401.30 X X X X
2000255891 01/21/2010 01/01/2010 108,500.00 110,018.41 X X X
2000255911 05/20/2009 05/01/2009 357,000.00 354,752.18 X X X
2000255912 06/23/2009 05/07/2009 192,950.00 191,100.70 X X X
2000255926 05/20/2009 05/01/2009 173,500.00 172,237.72 X X X
2000255932 05/20/2009 05/01/2009 230,000.00 229,461.29 X X
2000255933 02/24/2010 12/01/2009 200,000.00 195,400.30 X X X
2000255938 05/19/2009 05/01/2009 315,000.00 313,534.20 X X X X
2000255938 02/24/2010 12/01/2009 315,000.00 315,225.44 X X
2000255950 01/21/2010 12/01/2009 79,200.00 78,457.30 X X X X
2000255951 02/24/2010 12/01/2009 160,000.00 158,950.95 X X X X X
2000255955 05/20/2009 05/01/2009 168,000.00 167,639.75 X X
2000255958 02/24/2010 02/01/2010 63,920.00 66,373.03 X X X X X X
2000255959 05/20/2009 05/01/2009 208,250.00 206,302.55 X X X
2000255966 04/20/2009 03/13/2009 306,000.00 305,999.23 X X
2000255970 06/23/2009 06/01/2009 400,000.00 389,274.07 X X X
2000255975 03/22/2010 01/01/2010 210,400.00 232,221.89 X X X
2000255979 04/20/2009 03/19/2009 276,000.00 276,000.00 X X
2000255984 02/24/2010 02/01/2010 204,155.00 227,071.79 X X X X
2000255994 04/20/2009 03/02/2009 404,000.00 400,695.44 X X X
2000255996 04/20/2010 02/01/2010 200,000.00 223,158.30 X X X X
2000256003 02/24/2010 12/01/2009 135,900.00 131,716.35 X X
2000256009 04/20/2009 03/30/2009 212,320.00 209,675.19 X X X X
2000256014 07/23/2009 08/01/2009 305,600.00 299,784.35 X X X
2000256031 09/24/2009 09/01/2009 268,000.00 279,661.00 X X X
2000256039 05/22/2009 05/01/2009 216,000.00 210,852.59 X X
2000256039 07/20/2009 05/01/2009 216,000.00 211,215.67 X
2000256043 02/20/2009 03/01/2009 160,000.00 157,280.92 X X
2000256052 05/20/2009 05/01/2009 224,910.00 222,921.41 X X X
2000256053 05/20/2009 05/01/2009 139,500.00 138,243.14 X X X
2000256059 05/19/2009 05/01/2009 90,015.00 89,254.28 X X X
2000256063 04/20/2010 01/01/2010 228,650.00 233,460.54 X X X X
2000256070 11/23/2009 11/01/2009 320,000.00 318,934.41 X X X X
2000256072 02/19/2010 11/01/2009 136,000.00 138,819.78 X X X
2000256076 02/24/2010 12/01/2009 133,950.00 134,109.58 X X X

Page 160
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modified Data Elements Detail

Modification Modification Original Current Interest Principal Maturity Scheduled Balloon Balloon ARM to Fixed To IO To Fully Fully
Streamlined
Loan Number Approved Effective Principal Scheduled Rate Balance Date P&I Date Amt Fixed ARM Amortizing Amortizing
Modification
Date Date Balance Balance Change Change Change Change Change Change Change Change Change To IO Change
2000256081 06/23/2009 06/01/2009 102,750.00 101,621.18 X X X
2000256090 05/20/2009 05/01/2009 225,250.00 221,848.03 X X
2000256115 01/21/2010 12/01/2009 123,200.00 126,045.28 X X X
2000256117 05/20/2009 05/01/2009 168,000.00 166,725.35 X X X
2000256125 04/21/2010 01/01/2010 73,760.00 72,602.93 X X
2000256130 04/20/2009 03/02/2009 188,000.00 186,172.06 X X X
2000256144 04/20/2009 03/26/2009 264,640.00 259,884.69 X X X
2000256144 01/21/2010 12/01/2009 264,640.00 274,657.27 X X X
2000256145 07/23/2009 08/01/2009 154,500.00 157,907.18 X X X
2000256147 02/20/2009 02/01/2009 294,500.00 291,934.26 X X
2000256155 05/20/2009 05/01/2009 360,000.00 359,152.01 X X
2000256158 02/24/2010 02/01/2010 457,500.00 504,222.09 X X X X
2000256159 02/24/2010 02/01/2010 225,000.00 236,206.92 X X X X
2000256168 05/20/2009 05/01/2009 365,500.00 358,208.08 X X
2000256168 06/23/2009 05/01/2009 365,500.00 359,728.37 X
2000256169 03/22/2010 01/01/2010 300,000.00 300,812.85 X X X X
2000256178 08/20/2009 08/01/2009 156,000.00 158,938.50 X X
2000256180 04/20/2010 02/01/2010 368,000.00 391,944.73 X X X
2000256186 05/19/2009 05/01/2009 395,000.00 395,000.00 X X
2000256189 06/23/2009 06/01/2009 160,300.00 157,138.24 X X X
2000256190 04/22/2010 03/01/2010 250,800.00 251,863.02 X X X
2000256191 05/20/2009 05/01/2009 183,750.00 182,329.41 X X X
2000256206 03/19/2009 03/01/2009 289,000.00 290,986.88 X X X
2000256217 03/22/2010 01/01/2010 150,000.00 162,623.58 X X X
2000256220 01/21/2010 12/01/2009 459,810.00 481,117.00 X X X X
2000256222 02/24/2010 01/01/2010 364,000.00 405,778.49 X X X X
2000256224 05/19/2009 05/01/2009 268,720.00 270,194.68 X X X
2000256225 02/24/2010 01/01/2010 637,500.00 657,827.72 X X X X
2000256240 03/19/2009 03/01/2009 209,600.00 207,392.63 X X X
2000256261 08/20/2009 09/01/2009 103,410.00 108,733.86 X X X X
2000256274 06/23/2009 06/01/2009 99,450.00 98,063.31 X X X
2000256279 01/21/2010 01/01/2010 114,400.00 117,766.82 X X X X
2000256287 04/20/2009 03/06/2009 254,700.00 250,062.41 X X
2000256288 05/20/2009 05/01/2009 432,000.00 430,586.58 X X X
2000256288 03/22/2010 01/01/2010 432,000.00 512,835.83 X X X X
2000256299 05/20/2009 05/01/2009 227,700.00 225,921.60 X X X
2000256303 05/20/2009 05/01/2009 235,000.00 232,360.41 X X X
2000256307 03/22/2010 01/01/2010 310,500.00 318,485.00 X X X
2000256330 06/23/2009 06/01/2009 208,000.00 204,442.68 X X
2000256333 04/22/2010 03/01/2010 420,000.00 346,856.05 X X X
2000256335 02/20/2009 03/01/2009 127,500.00 126,920.84 X X X

Page 161
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modified Data Elements Detail

Modification Modification Original Current Interest Principal Maturity Scheduled Balloon Balloon ARM to Fixed To IO To Fully Fully
Streamlined
Loan Number Approved Effective Principal Scheduled Rate Balance Date P&I Date Amt Fixed ARM Amortizing Amortizing
Modification
Date Date Balance Balance Change Change Change Change Change Change Change Change Change To IO Change
2000256355 11/23/2009 10/01/2009 200,000.00 205,985.18 X X X
2000256368 01/21/2010 12/01/2009 216,792.00 210,610.56 X X X
2000256369 02/24/2010 01/01/2010 238,500.00 268,894.96 X X X X
2000280719 06/23/2009 05/27/2009 112,000.00 108,066.74 X X X X
2000280737 02/23/2010 02/01/2010 210,000.00 229,863.84 X X X
2000280751 04/20/2009 03/10/2009 372,000.00 365,948.61 X X
2000280752 04/21/2010 04/01/2010 22,040.00 18,201.56 X X X
2000280769 05/19/2009 06/01/2009 38,000.00 37,915.06 X X X X X
2000280786 06/23/2009 07/01/2009 228,250.00 225,565.83 X X X
2000280787 06/23/2009 06/01/2009 416,000.00 415,851.57 X X
2000280789 02/20/2009 02/01/2009 136,000.00 134,331.23 X X X
2000280792 04/21/2010 12/12/2009 90,000.00 88,465.61 X X
2000280795 05/19/2009 05/01/2009 324,900.00 319,995.80 X X X
2000280797 02/24/2010 02/01/2010 138,400.00 142,051.01 X X X X
2000280812 07/20/2009 08/01/2009 132,800.00 132,800.00 X X
2000280819 04/20/2009 03/27/2009 218,900.00 215,031.41 X X X X
2000280824 06/23/2009 07/01/2009 196,000.00 191,794.04 X X
2000280840 04/20/2009 03/25/2009 109,650.00 107,867.45 X X X X
2000280846 12/21/2009 12/01/2009 95,200.00 103,783.14 X X X
2000280866 06/23/2009 07/01/2009 70,800.00 69,313.66 X X
2000280870 03/22/2010 01/01/2010 135,000.00 145,651.45 X X X X
2000280871 06/24/2009 07/01/2009 148,200.00 145,378.37 X X X X
2000280877 05/20/2009 05/01/2009 88,800.00 87,625.99 X X
2000280883 05/19/2009 05/01/2009 212,800.00 209,680.50 X X X
2000280896 01/21/2010 01/01/2010 94,500.00 95,039.62 X X X X
2000280902 05/19/2009 05/01/2009 124,000.00 124,000.00 X X
2000280909 05/19/2009 03/17/2009 235,790.00 232,094.72 X X X X
2000280922 06/23/2009 06/04/2009 112,000.00 110,042.04 X X X X
2000280926 04/20/2010 02/01/2010 75,600.00 77,458.32 X X X X
2000280936 06/23/2009 04/22/2009 136,850.00 134,012.63 X X
2000280936 03/22/2010 01/01/2010 136,850.00 139,827.55 X X X X
2000280937 01/21/2009 11/01/2008 216,750.00 214,066.59 X X X X
2000280949 06/23/2009 06/01/2009 163,200.00 159,463.18 X X
2000280951 06/23/2009 07/02/2009 164,000.00 162,611.65 X X X
2000280951 02/24/2010 12/01/2009 164,000.00 171,094.54 X X X
2000280958 06/24/2009 07/01/2009 196,800.00 195,677.82 X X X
2000280969 05/19/2009 04/01/2009 135,000.00 134,355.16 X X X X
2000280988 05/19/2009 06/01/2009 120,000.00 119,349.53 X X X
2000280996 02/24/2010 02/01/2010 124,000.00 123,395.55 X X X
2000281003 08/20/2009 09/01/2009 110,500.00 115,828.77 X X X X
2000281004 05/19/2009 05/01/2009 120,500.00 119,413.80 X X X

Page 162
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modified Data Elements Detail

Modification Modification Original Current Interest Principal Maturity Scheduled Balloon Balloon ARM to Fixed To IO To Fully Fully
Streamlined
Loan Number Approved Effective Principal Scheduled Rate Balance Date P&I Date Amt Fixed ARM Amortizing Amortizing
Modification
Date Date Balance Balance Change Change Change Change Change Change Change Change Change To IO Change
2000281004 06/23/2009 05/01/2009 120,500.00 119,247.58 X
2000281021 02/24/2010 01/01/2010 215,200.00 216,959.93 X X
2000281041 08/20/2009 08/01/2009 112,720.00 112,865.70 X X X X
2000281045 04/20/2010 01/01/2010 77,600.00 79,886.60 X X X X
2000281046 04/20/2009 03/18/2009 103,500.00 101,570.17 X X
2000281054 08/20/2009 08/01/2009 188,000.00 184,239.59 X X X
2000281085 05/19/2009 05/01/2009 86,000.00 83,753.16 X X X
2000281086 02/20/2009 02/01/2009 76,500.00 75,772.83 X X X X
2000281086 03/22/2010 01/01/2010 76,500.00 75,052.55 X X X X
2000281088 05/19/2009 05/01/2009 114,000.00 112,566.27 X X X
2000281098 05/19/2009 05/16/2009 233,750.00 229,344.99 X X X X X
2000281098 06/23/2009 05/16/2009 233,750.00 229,206.96 X X X
2000281112 05/19/2009 05/01/2009 170,100.00 167,314.98 X X
2000281114 03/22/2010 01/01/2010 399,000.00 401,853.97 X X X X
2000281126 03/22/2010 01/01/2010 93,500.00 96,914.78 X X X
2000281139 08/20/2009 09/01/2009 90,000.00 90,145.93 X X X
2000281140 07/23/2009 07/01/2009 116,800.00 120,232.18 X X X
2000281145 01/21/2010 01/01/2010 207,000.00 232,034.19 X X X X
2000281155 06/23/2009 07/01/2009 299,250.00 295,802.18 X X X
2000281161 08/20/2009 08/01/2009 276,000.00 273,105.28 X X X
2000281171 08/20/2009 09/01/2009 100,000.00 102,500.99 X X X
2000281179 03/22/2010 01/01/2010 127,000.00 142,154.75 X X X
2000281180 06/23/2009 06/01/2009 88,200.00 86,856.87 X X
2000281204 01/21/2009 01/09/2009 189,000.00 187,460.41 X X X
2000281219 03/22/2010 01/01/2010 387,000.00 396,442.07 X X X X
2000281221 04/20/2009 03/12/2009 427,500.00 424,794.37 X X X
2000281249 03/22/2010 01/01/2010 122,400.00 119,598.28 X X X
2000281263 02/24/2010 03/01/2010 208,000.00 204,090.03 X X X
2000281264 03/22/2010 12/01/2009 113,400.00 113,656.39 X X X X
2000281271 06/23/2009 07/01/2009 82,720.00 82,672.24 X X
2000281277 03/22/2010 12/01/2009 117,000.00 119,445.49 X X X X
2000281284 02/24/2010 01/01/2010 75,650.00 92,239.64 X X X
2000281295 01/21/2010 12/01/2009 51,750.00 51,655.70 X X X X
2000281306 12/20/2008 10/02/2008 111,750.00 110,347.62 X X X X
2000281318 11/21/2008 11/01/2008 59,800.00 62,791.40 X X X X
2000281332 06/24/2009 07/01/2009 255,000.00 255,000.00 X X
2000281343 02/20/2009 03/01/2009 102,000.00 99,553.91 X X
2000281362 04/20/2010 01/01/2010 288,000.00 308,171.51 X X X X
2000281363 01/21/2010 01/01/2010 253,800.00 272,100.58 X X X X
2000281367 02/24/2010 01/01/2010 300,000.00 317,972.49 X X X X
2000281385 02/20/2009 12/23/2008 233,750.00 232,147.29 X X X X X

Page 163
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modified Data Elements Detail

Modification Modification Original Current Interest Principal Maturity Scheduled Balloon Balloon ARM to Fixed To IO To Fully Fully
Streamlined
Loan Number Approved Effective Principal Scheduled Rate Balance Date P&I Date Amt Fixed ARM Amortizing Amortizing
Modification
Date Date Balance Balance Change Change Change Change Change Change Change Change Change To IO Change
2000281389 11/20/2009 12/01/2009 572,000.00 567,948.31 X X X
2000281392 03/22/2010 12/01/2009 288,000.00 325,847.70 X X X X
2000281396 05/19/2009 05/01/2009 225,000.00 221,955.55 X X X
2000281396 06/23/2009 05/01/2009 225,000.00 221,727.50 X
2000281400 12/21/2008 12/01/2008 128,000.00 126,550.78 X X X X
2000281402 05/20/2009 05/01/2009 177,600.00 176,495.44 X X X
2000281427 06/23/2009 06/01/2009 328,000.00 322,287.74 X X X
2000281433 03/22/2010 04/01/2010 128,250.00 136,883.89 X X
2000281440 05/20/2009 05/01/2009 207,000.00 206,183.99 X X X
2000281441 02/20/2009 12/01/2008 36,600.00 36,256.76 X X X X
2000281456 04/21/2010 04/01/2010 196,000.00 193,871.73 X X
2000281457 05/19/2009 05/01/2009 110,400.00 108,228.64 X X X
2000281462 05/20/2009 05/01/2009 80,000.00 78,779.10 X X
2000281462 06/23/2009 05/01/2009 80,000.00 79,076.09 X
2000281470 06/23/2009 06/01/2009 145,360.00 141,317.42 X X X
2000281478 04/21/2010 04/01/2010 81,900.00 85,648.43 X X X X
2000281486 05/19/2009 05/01/2009 83,600.00 85,804.80 X X X
2000281488 04/21/2010 04/01/2010 133,200.00 142,539.69 X X
2000281500 05/20/2009 05/01/2009 115,200.00 113,574.67 X X
2000281507 06/23/2009 07/01/2009 150,000.00 147,202.00 X X
2000281512 07/23/2009 08/01/2009 301,500.00 335,139.63 X X X X
2000281518 05/20/2009 05/01/2009 266,400.00 262,520.59 X X
2000281530 12/21/2009 11/01/2009 202,725.00 208,713.98 X X X
2000281532 04/20/2009 03/04/2009 156,800.00 159,363.13 X X
2000281555 08/20/2009 08/01/2009 241,000.00 240,669.01 X X X
2000281557 02/20/2009 02/01/2009 298,800.00 294,900.69 X X X
2000281560 03/19/2009 03/01/2009 118,800.00 116,772.18 X X X X
2000281560 11/20/2009 12/01/2009 118,800.00 117,236.98 X X X
2000281565 03/19/2009 03/01/2009 414,000.00 414,000.00 X X X X
2000281565 02/24/2010 01/01/2010 414,000.00 413,865.44 X X X
2000281567 03/22/2010 01/01/2010 205,000.00 214,271.29 X X X
2000281568 06/23/2009 06/01/2009 139,500.00 137,349.90 X X
2000281581 02/24/2010 03/01/2010 68,800.00 68,648.88 X X
2000281587 02/24/2010 12/01/2009 164,000.00 162,601.34 X X X
2000281600 04/20/2010 01/01/2010 115,200.00 119,779.41 X X X
2000281606 04/20/2009 03/18/2009 120,700.00 119,609.22 X X X X
2000281629 04/20/2010 01/01/2010 323,000.00 349,280.77 X X X X
2000281630 06/23/2009 05/01/2009 63,000.00 61,767.42 X X X
2000281663 06/23/2009 06/18/2009 233,750.00 228,966.20 X X X X X
2000281668 05/20/2009 05/01/2009 224,000.00 224,000.00 X X
2000281673 09/24/2009 09/25/2009 252,000.00 252,837.48 X X X

Page 164
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modified Data Elements Detail

Modification Modification Original Current Interest Principal Maturity Scheduled Balloon Balloon ARM to Fixed To IO To Fully Fully
Streamlined
Loan Number Approved Effective Principal Scheduled Rate Balance Date P&I Date Amt Fixed ARM Amortizing Amortizing
Modification
Date Date Balance Balance Change Change Change Change Change Change Change Change Change To IO Change
2000281676 03/22/2010 01/01/2010 297,500.00 298,498.80 X X X
2000281680 05/19/2009 04/01/2009 226,000.00 221,939.60 X X X
2000281680 06/23/2009 04/01/2009 226,000.00 221,511.70 X
2000281691 04/20/2010 02/01/2010 288,000.00 304,792.57 X X X X
2000281694 04/20/2009 03/27/2009 322,000.00 318,718.44 X X X X X X
2000281694 11/20/2009 12/01/2009 322,000.00 327,098.18 X
2000281696 05/20/2009 05/01/2009 348,000.00 347,816.78 X X
2000281703 05/20/2009 05/01/2009 216,000.00 213,583.86 X X
2000281703 06/23/2009 05/01/2009 216,000.00 214,012.51 X X
2000281705 09/24/2009 10/01/2009 280,500.00 296,078.60 X X X
2000281707 05/19/2009 05/01/2009 207,900.00 205,405.63 X X X X
2000281707 06/23/2009 05/01/2009 207,900.00 205,231.73 X
2000281717 02/24/2010 01/01/2010 358,700.00 420,470.59 X X X X
2000281725 06/23/2009 06/01/2009 418,500.00 417,517.71 X X
2000281739 06/23/2009 06/01/2009 417,000.00 411,351.80 X X X
2000281740 02/24/2010 02/01/2010 424,000.00 451,176.44 X X X X
2000281741 03/19/2009 03/01/2009 380,000.00 379,910.93 X X X X
2000281744 01/21/2010 01/01/2010 319,200.00 342,564.75 X X X
2000281745 03/19/2009 03/01/2009 208,800.00 207,717.23 X X X X
2000281746 03/19/2009 03/01/2009 277,600.00 272,541.26 X X X X
2000281746 04/21/2010 04/01/2010 277,600.00 288,827.20 X X
2000281750 08/20/2009 09/01/2009 212,000.00 209,918.04 X X X
2000281762 05/20/2009 05/01/2009 260,000.00 252,704.66 X X
2000281771 05/19/2009 05/01/2009 333,200.00 332,323.04 X X
2000281775 03/22/2010 01/01/2010 344,250.00 346,866.87 X X X X
2000281799 05/19/2009 05/01/2009 172,720.00 168,942.58 X X X
2000281814 04/21/2010 01/01/2010 270,000.00 262,878.20 X X X
2000281816 01/21/2010 12/01/2009 184,000.00 193,421.08 X X X X
2000281819 09/24/2009 09/01/2009 120,000.00 117,269.16 X X
2000281820 05/20/2009 05/01/2009 170,000.00 168,664.47 X X X
2000281822 07/23/2009 06/26/2009 252,000.00 252,705.90 X X X X
2000281824 05/20/2009 05/01/2009 168,000.00 167,171.53 X X X
2000281826 05/20/2009 05/01/2009 224,000.00 223,962.74 X X
2000281832 05/19/2009 05/01/2009 182,900.00 179,344.12 X X X
2000281832 06/23/2009 05/01/2009 182,900.00 179,169.86 X
2000281850 06/23/2009 06/01/2009 286,000.00 282,113.78 X X X X
2000281853 07/23/2009 08/01/2009 220,000.00 224,781.95 X X X
2000281854 03/19/2009 03/01/2009 233,600.00 230,721.72 X X X X X X
2000281868 04/20/2010 02/01/2010 188,100.00 224,598.46 X X X X
2000281872 08/20/2009 09/01/2009 165,360.00 167,358.10 X X X
2000281888 04/20/2010 01/01/2010 347,650.00 368,708.13 X X X X

Page 165
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modified Data Elements Detail

Modification Modification Original Current Interest Principal Maturity Scheduled Balloon Balloon ARM to Fixed To IO To Fully Fully
Streamlined
Loan Number Approved Effective Principal Scheduled Rate Balance Date P&I Date Amt Fixed ARM Amortizing Amortizing
Modification
Date Date Balance Balance Change Change Change Change Change Change Change Change Change To IO Change
2000281914 05/19/2009 05/01/2009 132,000.00 131,745.51 X X
2000281915 06/23/2009 06/01/2009 201,560.00 201,313.03 X X
2000281916 11/20/2009 12/01/2009 272,800.00 272,981.18 X X X X X
2000281930 02/24/2010 01/01/2010 243,200.00 265,292.64 X X X
2000281940 12/21/2009 12/01/2009 325,000.00 333,791.55 X X X
2000281941 04/20/2010 02/01/2010 202,120.00 207,683.77 X X X
2000281943 11/20/2009 11/01/2009 200,000.00 197,808.39 X X X X
2000281946 04/21/2010 01/01/2010 188,000.00 217,419.32 X X X X
2000281949 07/20/2009 07/01/2009 215,200.00 215,200.00 X X
2000281962 02/24/2010 01/01/2010 283,500.00 259,260.58 X X X X
2000281964 02/24/2010 01/01/2010 345,000.00 365,096.46 X X X X
2000281970 05/20/2009 05/01/2009 205,700.00 201,144.87 X X
2000281971 05/19/2009 06/01/2009 348,000.00 337,362.12 X X X
2000281976 06/23/2009 06/01/2009 416,500.00 411,367.31 X X X X
2000282009 07/23/2009 08/01/2009 180,000.00 180,079.30 X X X
2000282012 11/23/2009 11/01/2009 342,400.00 358,486.68 X X
2000282017 02/24/2010 02/01/2010 248,500.00 266,488.94 X X X X
2000282020 03/19/2009 03/01/2009 236,000.00 231,421.97 X X X
2000282023 05/20/2009 05/01/2009 121,600.00 121,600.00 X X
2000282034 03/22/2010 12/01/2009 198,750.00 200,174.54 X X X X
2000282047 03/22/2010 01/01/2010 210,000.00 219,319.38 X X X X
2000282050 03/22/2010 01/01/2010 220,000.00 222,914.35 X X X X
2000282056 03/22/2010 01/01/2010 127,000.00 127,237.06 X X X X
2000282061 05/19/2009 05/01/2009 141,750.00 138,632.48 X X X X
2000282064 05/20/2009 05/01/2009 100,000.00 98,094.34 X X X
2000282071 03/19/2009 03/01/2009 229,925.00 229,191.25 X X X X
2000282075 01/21/2010 12/01/2009 252,000.00 247,152.01 X X X X
2000282078 04/21/2010 04/01/2010 32,600.00 31,037.95 X X X X
2000282079 05/20/2009 05/01/2009 212,000.00 219,600.20 X X
2000282092 03/22/2010 01/01/2010 210,000.00 217,755.04 X X X X
2000282109 11/20/2009 12/01/2009 208,000.00 213,646.31 X X X
2000282121 04/21/2010 01/01/2010 189,835.00 189,835.00 X X X
2000282132 05/19/2009 05/01/2009 206,550.00 206,550.00 X X
2000282137 05/19/2009 05/01/2009 180,000.00 176,680.07 X X X X
2000282137 06/23/2009 05/01/2009 180,000.00 176,461.20 X
2000282140 03/22/2010 03/01/2010 200,000.00 211,474.51 X X X X
2000282144 06/23/2009 06/01/2009 193,440.00 191,262.82 X X X
2000282147 01/21/2010 01/01/2010 196,000.00 206,083.43 X X X X
2000282171 06/23/2009 06/01/2009 216,750.00 216,750.00 X X
2000282174 05/19/2009 05/01/2009 201,000.00 194,435.54 X X X
2000282214 07/23/2009 08/01/2009 202,500.00 217,347.69 X X X X X

Page 166
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
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Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modified Data Elements Detail

Modification Modification Original Current Interest Principal Maturity Scheduled Balloon Balloon ARM to Fixed To IO To Fully Fully
Streamlined
Loan Number Approved Effective Principal Scheduled Rate Balance Date P&I Date Amt Fixed ARM Amortizing Amortizing
Modification
Date Date Balance Balance Change Change Change Change Change Change Change Change Change To IO Change
2000282217 06/23/2009 06/01/2009 184,000.00 182,477.73 X X X X
2000282221 07/23/2009 07/01/2009 208,000.00 208,541.63 X X X
2000282239 05/22/2009 05/01/2009 139,200.00 137,822.57 X X
2000282239 06/23/2009 05/01/2009 139,200.00 137,882.07 X X
2000282253 05/19/2009 05/01/2009 188,800.00 188,684.54 X X
2000282264 03/22/2010 01/01/2010 236,000.00 247,404.95 X X X
2000282289 06/23/2009 06/01/2009 482,300.00 473,381.93 X X
2000282291 04/20/2010 02/01/2010 500,000.00 506,858.83 X X X X
2000282304 07/23/2009 08/01/2009 425,000.00 429,873.65 X X X
2000282317 03/22/2010 02/01/2010 128,000.00 131,542.31 X X X
2000282331 06/23/2009 07/01/2009 217,000.00 215,853.04 X X X
2000282333 06/23/2009 06/01/2009 119,000.00 118,264.49 X X X
2000282343 06/23/2009 07/01/2009 121,500.00 119,455.46 X X X
2000282349 07/23/2009 08/01/2009 332,000.00 330,451.34 X X X
2000282352 03/22/2010 01/01/2010 258,000.00 263,486.83 X X X X
2000282353 01/21/2010 12/01/2009 308,800.00 304,337.15 X X X X
2000282361 06/23/2009 06/01/2009 265,500.00 261,012.18 X X X
2000282366 05/19/2009 05/01/2009 176,000.00 173,519.57 X X X
2000282369 04/20/2009 03/25/2009 225,000.00 222,824.53 X X X X
2000282379 04/20/2009 03/19/2009 288,000.00 284,759.33 X X X
2000282391 01/21/2010 12/01/2009 275,000.00 279,241.31 X X X
2000282392 11/20/2009 11/01/2009 297,500.00 295,452.75 X X X X
2000282392 02/24/2010 12/01/2009 297,500.00 299,214.89 X X X
2000282397 05/20/2009 05/01/2009 650,000.00 639,414.92 X X
2000282401 02/24/2010 02/01/2010 250,000.00 266,840.64 X X X X
2000282417 04/20/2009 03/03/2009 468,000.00 465,287.90 X X X
2000282420 04/21/2010 04/01/2010 480,000.00 503,077.28 X X X X X X
2000282425 05/20/2009 05/01/2009 277,000.00 274,466.36 X X X
2000282428 05/19/2009 05/01/2009 170,940.00 167,166.58 X X X
2000282437 02/24/2010 02/01/2010 465,000.00 473,070.16 X X X
2000282438 02/24/2010 02/01/2010 360,000.00 399,932.51 X X X X
2000282440 05/19/2009 06/01/2009 135,700.00 132,587.35 X X X
2000282454 02/20/2009 02/01/2009 58,500.00 58,118.70 X X X
2000282461 03/19/2009 03/28/2009 216,800.00 213,970.91 X X X X
2000282463 09/24/2009 09/29/2009 95,400.00 99,410.63 X X X X
2000282491 04/20/2009 03/24/2009 98,320.00 97,487.23 X X X X
2000282493 04/20/2009 04/01/2009 85,000.00 84,151.19 X X X
2000282493 05/20/2009 05/01/2009 85,000.00 83,989.67 X
2000282516 04/21/2010 04/01/2010 84,800.00 96,517.75 X X X
2000282536 11/19/2008 10/20/2008 279,000.00 287,008.47 X X X X
2000282538 02/24/2010 02/01/2010 220,500.00 266,610.84 X X X X

Page 167
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
Mortgage Pass-Through Certificates
Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675
Historical Modified Data Elements Detail

Modification Modification Original Current Interest Principal Maturity Scheduled Balloon Balloon ARM to Fixed To IO To Fully Fully
Streamlined
Loan Number Approved Effective Principal Scheduled Rate Balance Date P&I Date Amt Fixed ARM Amortizing Amortizing
Modification
Date Date Balance Balance Change Change Change Change Change Change Change Change Change To IO Change
2000282539 06/23/2009 06/01/2009 217,500.00 215,383.92 X X
2000282549 02/24/2010 12/01/2009 436,000.00 465,023.10 X X X X
2000282552 05/19/2009 05/01/2009 310,250.00 308,288.78 X X X X
2000282565 11/19/2008 10/25/2008 399,500.00 396,404.06 X X X
2000282565 06/23/2009 07/01/2009 399,500.00 395,685.08 X X X
2000282585 03/19/2009 03/01/2009 362,670.00 358,137.22 X X X
2000282585 02/24/2010 12/01/2009 362,670.00 396,731.63 X X X X
2000282612 05/20/2009 05/01/2009 428,000.00 417,732.05 X X
2000282633 05/19/2009 05/01/2009 319,500.00 313,475.12 X X X

If a loan has been modified multiple times, it will be included in the totals for each applicable modification type in the summary sections.
* Loans that are listed in the Modification Detail Section, and are not listed in the Modified Data Elements Section may have been reported prior to November 2008 or incurred one or more ARM Parameter changes.

Page 168
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Future Modifications
Future Modification Summary

Original Current
Loan
Groups Principal Scheduled
Count
Balance Balance
Loan Group I 0 0.00 0.00
Loan Group II 2 596,000.00 610,962.46
Total 2 596,000.00 610,962.46

Future Modification Detail


Modification
Original No of Current Sched
Approved Date/ Previously Next Due Interest Payment Maturity Balloon Balloon
Loan Number Principal Months Loan Status Balance/Modified
Modification Modified Date Rate Amount Date Amount Date
Balance Delinq. Beginning Balance
Effective Date
Loan Group II
2000255338 180,000.00 04/22/2010 Yes Current Values (1) No Action 07/01/2010 5.340 1,016.61 11/08/2036 N/A N/A 178,671.74
06/01/2010 Post Modification * * * 2.000 374.38 12/01/2036 52,826.53 12/01/2036 123,628.51
2000280787 416,000.00 04/21/2010 Yes Current Values (2) No Action 07/01/2010 7.890 2,842.36 01/01/2037 N/A N/A 432,290.72
06/01/2010 Post Modification * * * 2.125 1,770.94 01/01/2037 N/A N/A 432,327.03

* This data is currently not provided for reporting.

Page 169
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Distribution Date: 25-May-2010 8480 Stagecoach Circle
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Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
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Substitutions
Loans Repurchased Loans Substituted
Current Current
Loan Scheduled Current Current Loan Scheduled Current Current
Number Balance Rate Payment Number Balance Rate Payment

No Substitutions this Period

Repurchases Due to Breaches


Beginning
Loan Scheduled Payoff Current Current
Number Balance Balance Rate Payment

No Repurchases Due to Breaches this Period

Repurchases Due To Other


Beginning
Loan Scheduled Payoff Current Current
Number Balance Balance Rate Payment

No Repurchases Due to Other this Period

Page 170
Morgan Stanley ABS Capital I Inc. Contact: Customer Service - CTSLink
Wells Fargo Bank, N.A.
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Morgan Stanley ABS Capital I Inc. Securities Administration Services
Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
Series 2007-HE5 www.ctslink.com
25-Jun-2010 9:59:43AM Telephone: 1-866-846-4526
Fax: 240-586-8675

Interest Rate Stratification


Summary Loan Group I Loan Group II
Number Outstanding Percentage Number Outstanding Percentage Number Outstanding Percentage
Current Interest Of Scheduled Of Of Scheduled Of Of Scheduled Of
Rate Range (%) Loans Balance($) Balance(%) Loans Balance($) Balance(%) Loans Balance($) Balance(%)

< 4.000 400 96,969,250.48 13.723 59 14,071,539.10 13.733 341 82,897,711.38 13.721
4.000 4.499 64 14,705,755.91 2.081 12 2,568,934.63 2.507 52 12,136,821.28 2.009
4.500 4.999 35 8,563,104.07 1.212 6 1,275,453.71 1.245 29 7,287,650.36 1.206
5.000 5.499 94 21,889,811.91 3.098 11 2,253,350.10 2.199 83 19,636,461.81 3.250
5.500 5.999 87 27,003,745.13 3.821 15 4,367,861.64 4.263 72 22,635,883.49 3.747
6.000 6.499 182 47,257,304.26 6.688 30 7,701,177.48 7.516 152 39,556,126.78 6.547
6.500 6.999 317 83,069,682.52 11.756 45 12,658,230.03 12.353 272 70,411,452.49 11.654
7.000 7.499 335 78,623,959.47 11.127 36 8,672,331.11 8.463 299 69,951,628.36 11.578
7.500 7.999 461 104,556,904.64 14.797 57 13,300,012.96 12.980 404 91,256,891.68 15.105
8.000 8.499 337 69,645,189.21 9.856 49 8,761,937.08 8.551 288 60,883,252.13 10.077
8.500 8.999 384 71,199,794.35 10.076 66 11,362,573.21 11.089 318 59,837,221.14 9.904
9.000 9.499 189 30,779,070.78 4.356 29 4,431,808.91 4.325 160 26,347,261.87 4.361
9.500 9.999 215 25,549,719.63 3.616 38 6,019,831.01 5.875 177 19,529,888.62 3.233
10.000 10.499 58 6,881,841.67 0.974 13 1,954,045.04 1.907 45 4,927,796.63 0.816
10.500 10.999 109 8,715,652.20 1.233 17 1,665,072.03 1.625 92 7,050,580.17 1.167
11.000 11.499 47 3,420,324.95 0.484 8 447,502.39 0.437 39 2,972,822.56 0.492
11.500 11.999 43 2,248,952.83 0.318 7 345,627.77 0.337 36 1,903,325.06 0.315
12.000 12.499 41 2,249,015.28 0.318 4 236,408.23 0.231 37 2,012,607.05 0.333
12.500 12.999 55 3,297,929.75 0.467 11 374,598.85 0.366 44 2,923,330.90 0.484
13.000 13.499 0 0.00 0.000 0 0.00 0.000 0 0.00 0.000
13.500 13.999 0 0.00 0.000 0 0.00 0.000 0 0.00 0.000
14.000 14.499 0 0.00 0.000 0 0.00 0.000 0 0.00 0.000
>= 14.500 0 0.00 0.000 0 0.00 0.000 0 0.00 0.000
Total 3,453 706,627,009.04 100.000 513 102,468,295.28 100.000 2,940 604,158,713.76 100.000

Page 171
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Wells Fargo Bank, N.A.
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Distribution Date: 25-May-2010 8480 Stagecoach Circle
Mortgage Pass-Through Certificates Frederick, MD 21701-4747
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Supplemental Reporting

Closing Date

April 26, 2007

Remittance Date

With respect to any Distribution Date, the second Business Day immediately preceding such Distribution Date with respect to Countrywide Servicing and the 21st day (or if such day is
a Saturday, then the first Business Day immediately preceding that day, or if such day is a Sunday or otherwise not a Business Day, then the immediately following Business Day) of the
month of each related Distribution Date with respect to Saxon.

Record Date

With respect to any Distribution Date, the close of business on the Business Day immediately preceding such Distribution Date; provided, however, that for any Definitive Certificate,
the Record Date shall be the close of business on the last Business Day of the month preceding the month in which the applicable Distribution Date occurs.

LIBOR Determination Date

With respect to any Interest Accrual Period for the Offered Certificates, the second London Business Day preceding the commencement of such Interest Accrual Period.

Distribution Date

The 25th day of each calendar month, or if such day is not a Business Day, the next succeeding Business Day, commencing in May 2007.

Determination Date

With respect to each Distribution Date, the 18th day (or if such day is not a Business Day, the immediately preceding Business Day) in the case of Countrywide Servicing, and the 15th
day (or if such day is not a Business Day, the immediately preceding Business Day) in the case of Saxon, of the calendar month in which such Distribution Date occurs.

Miscellaneous Modification Reporting Footnote

In the absence of specific guidance in the governing agreements, Wells Fargo Bank, N.A. has determined that a reduction in principal agreed to by a servicer in connection with a loan
modification should be treated in a manner similar to a realized principal loss on the related loan.

Page 172

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