0000914121-06-002407 Sample Contracts

EXHIBIT 1 MORGAN STANLEY ABS CAPITAL I INC. MORTGAGE PASS-THROUGH CERTIFICATES Series 2006-HE5 UNDERWRITING AGREEMENT

Underwriting Agreement • July 17th, 2006 • Morgan Stanley ABS Capital I Inc. Trust 2006-He5 • Asset-backed securities

• Contract Type
  Underwriting Agreement
• Filed
  July 17th, 2006
• Company
  Morgan Stanley ABS Capital I Inc. Trust 2006-He5
• Industry
  Asset-backed securities

HOMEQ SERVICING CORPORATION, Servicer, NEW CENTURY MORTGAGE CORPORATION, Servicer,

Mortgage Loan Purchase and Warranties Agreement • July 17th, 2006 • Morgan Stanley ABS Capital I Inc. Trust 2006-He5 • Asset-backed securities • New York

• Contract Type
  Mortgage Loan Purchase and Warranties Agreement
• Filed
  July 17th, 2006
• Company
  Morgan Stanley ABS Capital I Inc. Trust 2006-He5
• Industry
  Asset-backed securities
• Jurisdiction
  New York