Morgan Stanley ABS Capital I Inc. 2007-HE3

Mortgage Pass-Through Certificates

November 26, 2007 Distribution

External Parties

Table of Contents

Page

Seller

1. Certificate Payment Report

Morgan Stanley

2. Collection Account Report

3. Credit Enhancement Report

Servicer(s)

4. Collateral Report

Saxon

5. Delinquency Report

Wells Fargo

6. REO Report

Countrywide Home Loans Srvc LP

7. Foreclosure Report

8. Prepayment Report

Underwriter(s)

9. Prepayment Detail Report

Morgan Stanley

10. Realized Loss Report

11. Realized Loss Detail Report

Swap Counterparty

12. Triggers and Adj. Cert. Report

Morgan Stanley

13. Additional Certificate Report

14. Other Related Information

Total Number of Pages

Dates

Contacts

Cut-Off Date:

February 01, 2007

Alice Tatusian

Close Date:

February 28, 2007

Administrator

First Distribution Date:

March 26, 2007

(714) 247-6420

Alice.D.Tatusian@db.com

Address:

Distribution Date:

November 26, 2007

1761 East St. Andrew Place, Santa Ana, CA 92705

Record Date:

October 31, 2007

Factor Information:

(800) 735-7777

November 23, 2007

Main Phone Number:

(714) 247-6000

https://tss.sfs.db.com/investpublic

Page 1 of 33

Morgan Stanley ABS Capital I Inc. 2007-HE3



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
November 26, 2007 Distribution

Certificate Payment Report
Current Period Distribution -
			Prior						Current
			Prior

	Class	Original	Principal			Total	Realized	Deferred	Principal

Class	Type	Face Value	Balance	Interest	Principal	Distribution	Loss	Interest	Balance
			(1)	(2)	(3)	(4)=(2)+(3)	(5)	(6)	(7)=(1)-(3)-(5)+(6)
A-1	FLT/WAC	266,234,000.00	227,370,040.28	1,011,038.78	5,783,868.42	6,794,907.20	0.00	0.00	221,586,171.86
A-1	FLT/WAC	266,234,000.00	227,370,040.28	1,011,038.78	5,783,868.42	6,794,907.20	0.00	0.00	221,586,171.86
A-2a	FLT/WAC	223,300,000.00	177,406,421.53	777,828.60	6,810,405.33	7,588,233.93	0.00	0.00	170,596,016.20
A-2b	FLT/WAC	68,390,000.00	68,390,000.00	302,891.71	0.00	302,891.71	0.00	0.00	68,390,000.00
A-2c	FLT/WAC	89,910,000.00	89,910,000.00	401,398.20	0.00	401,398.20	0.00	0.00	89,910,000.00
A-2d	FLT/WAC	53,921,000.00	53,921,000.00	245,520.29	0.00	245,520.29	0.00	0.00	53,921,000.00
M-1	FLT/WAC	41,551,000.00	41,551,000.00	191,411.61	0.00	191,411.61	0.00	0.00	41,551,000.00
M-2	FLT/WAC	43,860,000.00	43,860,000.00	203,607.87	0.00	203,607.87	0.00	0.00	43,860,000.00
M-3	FLT/WAC	15,236,000.00	15,236,000.00	71,406.05	0.00	71,406.05	0.00	0.00	15,236,000.00
M-4	FLT/WAC	18,467,000.00	18,467,000.00	92,293.96	0.00	92,293.96	0.00	0.00	18,467,000.00
M-5	FLT/WAC	17,544,000.00	17,544,000.00	88,460.75	0.00	88,460.75	0.00	0.00	17,544,000.00
M-6	FLT/WAC	8,772,000.00	8,772,000.00	45,399.97	0.00	45,399.97	0.00	0.00	8,772,000.00
B-1	FLT/WAC	12,465,000.00	12,465,000.00	76,147.30	0.00	76,147.30	0.00	0.00	12,465,000.00
B-2	FLT/WAC	8,310,000.00	8,310,000.00	52,611.53	0.00	52,611.53	0.00	0.00	8,310,000.00
B-3	FLT/WAC	11,542,000.00	11,542,000.00	73,073.68	0.00	73,073.68	0.00	0.00	11,542,000.00
X	WAC/EXE	43,862,098.00	43,859,794.66	373,979.48	0.00	373,979.48	0.00	0.00	43,859,794.66
P	EXE	0.00	0.00	90,427.84	0.00	90,427.84	0.00	0.00	0.00
R	NPR/EXE	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
R-X	NPR	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Total		923,364,098.00	838,604,256.47	4,097,497.62	12,594,273.75	16,691,771.37	0.00	0.00	826,009,982.72
Total




Interest Accrual Detail Current Period Factor Information per $1,000 of Original Face Value
					Orig. Principal	Prior				Current
					Orig. Principal	Prior				Current
	Period	Period			(with Notional)	Principal			Total	Principal
Class	Starting	Ending	Method	Cusip	Balance	Balance	Interest	Principal	Distribution	Balance
			Method
					(1)	(1)	(2)	(3)	(4)=(2)+(3)	(5)

A-1	10/25/07	11/25/07	A-Act/360	617525AA8	266,234,000.00	854.023304	3.797557	21.724755	25.522312	832.298549
A-1	10/25/07	11/25/07	A-Act/360	617525AA8	266,234,000.00	854.023304	3.797557	21.724755	25.522312	832.298549
A-2a	10/25/07	11/25/07	A-Act/360	617538AA1	223,300,000.00	794.475690	3.483335	30.498904	33.982239	763.976785
A-2b	10/25/07	11/25/07	A-Act/360	617538AB9	68,390,000.00	1,000.000000	4.428889	0.000000	4.428889	1,000.000000
A-2c	10/25/07	11/25/07	A-Act/360	617538AC7	89,910,000.00	1,000.000000	4.464444	0.000000	4.464444	1,000.000000
A-2d	10/25/07	11/25/07	A-Act/360	617538AD5	53,921,000.00	1,000.000000	4.553333	0.000000	4.553333	1,000.000000
M-1	10/25/07	11/25/07	A-Act/360	617538AE3	41,551,000.00	1,000.000000	4.606667	0.000000	4.606667	1,000.000000
M-2	10/25/07	11/25/07	A-Act/360	617538AF0	43,860,000.00	1,000.000000	4.642222	0.000000	4.642222	1,000.000000
M-3	10/25/07	11/25/07	A-Act/360	617538AG8	15,236,000.00	1,000.000000	4.686666	0.000000	4.686666	1,000.000000
M-4	10/25/07	11/25/07	A-Act/360	617538AH6	18,467,000.00	1,000.000000	4.997778	0.000000	4.997778	1,000.000000
M-5	10/25/07	11/25/07	A-Act/360	617538AJ2	17,544,000.00	1,000.000000	5.042222	0.000000	5.042222	1,000.000000
M-6	10/25/07	11/25/07	A-Act/360	617538AK9	8,772,000.00	1,000.000000	5.175555	0.000000	5.175555	1,000.000000
B-1	10/25/07	11/25/07	A-Act/360	617538AL7	12,465,000.00	1,000.000000	6.108889	0.000000	6.108889	1,000.000000
B-2	10/25/07	11/25/07	A-Act/360	617538AM5	8,310,000.00	1,000.000000	6.331111	0.000000	6.331111	1,000.000000
B-3	10/25/07	11/25/07	A-Act/360	617538AN3	11,542,000.00	1,000.000000	6.331111	0.000000	6.331111	1,000.000000
X	10/25/07	11/24/07	A-30/360	MS07H3101	43,862,098.00	999.947487	8.526256	0.000000	8.526256	999.947487
P	10/25/07	11/24/07	A-30/360	MS07H3102	0.00	0.000000	0.000000	0.000000	0.000000	0.000000
R	10/25/07	11/24/07	A-30/360	MS07H3103	0.00	0.000000	0.000000	0.000000	0.000000	0.000000
R-X	10/25/07	11/24/07	A-30/360	MS07H3104	0.00	0.000000	0.000000	0.000000	0.000000	0.000000



Page 2 of 33

Morgan Stanley ABS Capital I Inc. 2007-HE3



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
November 26, 2007 Distribution


Distribution to Date -
									Current


	Original		Unscheduled	Scheduled	Total	Total	Realized	Deferred	Principal

Class	Face Value	Interest	Principal	Principal	Principal	Distribution	Loss	Interest	Balance
(1)	(2)	(3)	(4)	(5)=(3)+(4)	(6)=(2)+(5)	(7)	(8)	(9)=(1)-(5)-(7)+(8)
A-1	266,234,000.00	10,010,615.47	43,153,389.84	1,494,438.29	44,647,828.13	54,658,443.60	0.00	0.00	221,586,171.86
A-2a	223,300,000.00	7,999,780.29	50,940,975.68	1,763,008.11	52,703,983.79	60,703,764.08	0.00	0.00	170,596,016.20
A-2b	68,390,000.00	2,767,729.05	0.00	0.00	0.00	2,767,729.05	0.00	0.00	68,390,000.00
A-2c	89,910,000.00	3,665,711.88	0.00	0.00	0.00	3,665,711.88	0.00	0.00	89,910,000.00
A-2d	53,921,000.00	2,238,998.39	0.00	0.00	0.00	2,238,998.39	0.00	0.00	53,921,000.00
M-1	41,551,000.00	1,744,117.66	0.01	0.00	0.00	1,744,117.67	0.00	0.00	41,551,000.00
M-2	43,860,000.00	1,854,245.47	0.00	0.00	0.00	1,854,245.47	0.00	0.00	43,860,000.00
M-3	15,236,000.00	649,858.77	0.00	0.00	0.00	649,858.77	0.00	0.00	15,236,000.00
M-4	18,467,000.00	836,325.55	0.00	0.00	0.00	836,325.55	0.00	0.00	18,467,000.00
M-5	17,544,000.00	801,128.49	0.00	0.00	0.00	801,128.49	0.00	0.00	17,544,000.00
M-6	8,772,000.00	410,469.29	0.00	0.00	0.00	410,469.29	0.00	0.00	8,772,000.00
B-1	12,465,000.00	681,801.74	0.00	0.00	0.00	681,801.74	0.00	0.00	12,465,000.00
B-2	8,310,000.00	470,173.46	0.00	0.00	0.00	470,173.46	0.00	0.00	8,310,000.00
B-3	11,542,000.00	653,037.53	0.00	0.00	0.00	653,037.53	0.00	0.00	11,542,000.00
X	43,862,098.00	15,337,325.55	2,222.28	80.75	2,303.34	15,339,628.89	0.00	0.00	43,859,794.66
P	0.00	834,814.76	0.00	0.00	0.00	834,814.76	0.00	0.00	0.00
R	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
R-X	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00


Total	923,364,098.00	50,956,133.35	94,096,587.81	3,257,527.15	97,354,115.26	148,310,248.62	0.00	0.00	826,009,982.72


Interest Detail -
	Pass	Prior Principal		Non-	Prior	Unscheduled		Paid or	Current
	Pass	Prior Principal		Non-	Prior	Unscheduled		Paid or

	Through	(with Notional)	Accrued	Supported	Unpaid	Interest	Optimal	Deferred	Unpaid

Class	Rate	Balance	Interest	Interest SF	Interest	Adjustment	Interest	Interest	Interest
			(1)	(2)	(3)	(4)	(5)=(1)-(2)+(3)+(4)	(6)	(7)=(5)-(6)
A-1	5.00250%	227,370,040.28	1,011,038.78	0.00	0.00	0.00	1,011,038.78	1,011,038.78	0.00
A-2a	4.93250%	177,406,421.53	777,828.60	0.00	0.00	0.00	777,828.60	777,828.60	0.00
A-2b	4.98250%	68,390,000.00	302,891.71	0.00	0.00	0.00	302,891.71	302,891.71	0.00
A-2c	5.02250%	89,910,000.00	401,398.20	0.00	0.00	0.00	401,398.20	401,398.20	0.00
A-2d	5.12250%	53,921,000.00	245,520.29	0.00	0.00	0.00	245,520.29	245,520.29	0.00
M-1	5.18250%	41,551,000.00	191,411.61	0.00	0.00	0.00	191,411.61	191,411.61	0.00
M-2	5.22250%	43,860,000.00	203,607.87	0.00	0.00	0.00	203,607.87	203,607.87	0.00
M-3	5.27250%	15,236,000.00	71,406.05	0.00	0.00	0.00	71,406.05	71,406.05	0.00
M-4	5.62250%	18,467,000.00	92,293.96	0.00	0.00	0.00	92,293.96	92,293.96	0.00
M-5	5.67250%	17,544,000.00	88,460.75	0.00	0.00	0.00	88,460.75	88,460.75	0.00
M-6	5.82250%	8,772,000.00	45,399.97	0.00	0.00	0.00	45,399.97	45,399.97	0.00
B-1	6.87250%	12,465,000.00	76,147.30	0.00	0.00	0.00	76,147.30	76,147.30	0.00
B-2	7.12250%	8,310,000.00	52,611.53	0.00	0.00	0.00	52,611.53	52,611.53	0.00
B-3	7.12250%	11,542,000.00	73,073.68	0.00	0.00	0.00	73,073.68	73,073.68	0.00
X	10.23204%	43,859,794.66	0.00	0.00	0.00	0.00	0.00	373,979.48	0.00
P	0.00000%	0.00	0.00	0.00	0.00	0.00	0.00	90,427.84	0.00
R	0.00000%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
R-X	0.00000%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Total		838,604,256.47	3,633,090.30	0.00	0.00	0.00	3,633,090.30	4,097,497.62	0.00



Page 3 of 33

Morgan Stanley ABS Capital I Inc. 2007-HE3



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
November 26, 2007 Distribution

Collection Account Report
SUMMARY

	Group 2	Group 1	Total
Principal Collections	6,059,347.41	5,146,017.96	11,205,365.37
Principal Withdrawals	0.00	0.00	0.00
Principal Other Accounts	0.00	0.00	0.00
TOTAL NET PRINCIPAL	6,059,347.41	5,146,017.96	11,205,365.37
Interest Collections	3,467,518.97	2,135,210.25	5,602,729.22
Interest Withdrawals	-0.00	-0.00	-0.00
Interest Other Accounts	41,438.95	48,988.89	28,010.28
Interest Fees	-85,905.17	-57,395.16	-144,333.50
TOTAL NET INTEREST	3,423,052.75	2,126,803.98	5,486,405.99
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION	9,482,400.16	7,272,821.94	16,691,771.36




PRINCIPAL - COLLECTIONS

	Group 2	Group 1	Total
Scheduled Principal Received	219,466.91	135,247.47	354,714.38
Prepayments In Full	5,317,098.52	4,477,931.17	9,795,029.69
Curtailments	-4,999.31	16,336.51	11,337.20
Liquidations	1,594,403.66	838,788.82	2,433,192.48
Insurance Principal	0.00	0.00	0.00
Repurchased Principal Amounts	0.00	0.00	0.00
Other Principal	0.00	0.00	0.00
Total Realized Loss Of Principal	-1,066,622.37	-322,286.01	-1,388,908.38
Delinquent Principal	-125,537.61	-71,361.79	-196,899.40
Advanced Principal	125,537.61	71,361.79	196,899.40
TOTAL PRINCIPAL COLLECTED	6,059,347.41	5,146,017.96	11,205,365.37




PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK




PRINCIPAL - OTHER ACCOUNTS

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






Page 4 of 33

Morgan Stanley ABS Capital I Inc. 2007-HE3



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
November 26, 2007 Distribution


INTEREST - COLLECTIONS

	Group 2	Group 1	Total
Scheduled Interest	3,674,237.82	2,214,113.43	5,888,351.25
Liquidation Interest	14,009.10	6,828.37	20,837.47
Repurchased Interest	0.00	0.00	0.00
Insurance Interest	0.00	0.00	0.00
Other Interest	0.00	0.00	0.00
Realized Loss of Interest	-82,432.68	-10,703.83	-93,136.51
Relief Act Interest Shortfalls	-0.00	-0.00	-0.00
Prepayment Interest Shortfalls	-6,334.32	-2,813.99	-9,148.31
Compensating Interest	6,334.32	2,813.99	9,148.31
Delinquent Interest	-2,319,618.64	-1,293,886.15	-3,613,504.79
Interest Advanced	2,181,323.39	1,218,858.43	3,400,181.82
TOTAL INTEREST COLLECTED	3,467,518.97	2,135,210.25	5,602,729.22




INTEREST - WITHDRAWALS

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




INTEREST - OTHER ACCOUNTS
INTEREST - OTHER ACCOUNTS
	Group 2	Group 1	Total
Prepayment Charges	41,438.95	48,988.89	90,427.84

Net Swap Receipt			(62,417.56)
. a) Swap Payment			(2,707,022.65)
. b) Swap Receipt			2,644,605.09
. c) Swap Termination Payment			0.00
. d) Defaulted Swap Termination Payment			0.00


TOTAL INTEREST OTHER ACCOUNTS	41,438.95	48,988.89	28,010.28




INTEREST FEES
INTEREST FEES
	Group 2	Group 1	Total
Current Servicing Fees	84,500.23	56,563.82	141,064.06
Current Trustee Fees	1,404.94	831.34	2,236.28
Wells Fargo Custodian Fees			936.80
Extraordinary Expenses			96.37
TOTAL INTEREST OTHER FEES	85,905.17	57,395.16	144,333.50



Page 5 of 33

Morgan Stanley ABS Capital I Inc. 2007-HE3

Mortgage Pass-Through Certificates

November 26, 2007 Distribution

Credit Enhancement Report

ACCOUNTS

Excess Reserve Fund

Begining Balance

0.00

Amount Deposited

0.00

Amount Withdrawn

0.00

Ending Balance

0.00

Swap Account

Begining Balance

0.00

Amount Deposited

2,644,605.09

Amount Withdrawn

(2,707,022.65)

Net SWAP Amount

(62,417.56)

Ending Balance

0.00

INSURANCE

SPACE INTENTIONALLY LEFT BLANK

STRUCTURAL FEATURES

Group 2

Group 1

Total

Overcollateralized Amount - Prior Period

43,859,794.66

Current Period Principal Realized Losses

1,388,908.38

Overcollateralized Amt-After Current Losses

42,470,886.28

Extra Principal Distribution Amount

1,388,908.38

Overcollateralization Reduction Amount

0.00

Overcollateralized Amt - Ending

43,859,794.66

Overcollateralization Deficiency Amount

0.00

Overcollateralization Excess Amount

0.00

Specified Overcollateralization Amount

43,859,794.66

Net Monthly Excess Cashflow

373,979.48

Net Monthly Excess Cashflow Allocated to :

. a) Unpaid Interest Amounts

0.00

. b) Applied Realized Loss Amounts

2,615,902.01

. c) Basis Risk Carryforward Amounts

0.00

Page 6 of 33

Morgan Stanley ABS Capital I Inc. 2007-HE3



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
November 26, 2007 Distribution

Collateral Report


COLLATERAL



		Group 2	Group 1	Total



Loan Count:
Loan Count:


Original	2,790	2,271	5,061
Prior	2,562	2,045	4,607
Prefunding	0	0	0
Scheduled Paid Offs	-0	-0	-0
Full Voluntary Prepayments	-29	-28	-57
Repurchases	-0	-0	-0
Liquidations	-13	-4	-17
Current	2,520	2,013	4,533
Principal Balance:


Original	573,055,969.54	350,307,443.83	923,363,413.37
Prior	526,851,837.15	311,752,419.32	838,604,256.47
Prefunding	0.00	0.00	0.00
Scheduled Principal	-219,466.91	-135,247.47	-354,714.38
Partial Prepayments	(4,999.31)	-16,336.51	-11,337.20
Full Voluntary Prepayments	-5,317,098.52	-4,477,931.17	-9,795,029.69
Repurchases	-0.00	-0.00	-0.00
Liquidations	-1,594,403.66	-838,788.82	-2,433,192.48
Current	519,725,867.37	306,284,115.35	826,009,982.72





PREFUNDING

	Group 2	Group 1	Total
Closing Date Deposit Amount	0.00	0.00

Page 7 of 33

Morgan Stanley ABS Capital I Inc. 2007-HE3



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
November 26, 2007 Distribution


CHARACTERISTICS
CHARACTERISTICS

	Group 2	Group 1	Total
Weighted Average Coupon Original	8.43978%	8.59696%	8.49941%
Weighted Average Coupon Prior	8.40577%	8.55315%	8.46074%
Weighted Average Coupon Current	8.40351%	8.54887%	8.45754%
Weighted Average Months to Maturity Original	354	354	354
Weighted Average Months to Maturity Prior	347	346	347
Weighted Average Months to Maturity Current	346	345	346
Weighted Avg Remaining Amortization Term Original	424	418	422
Weighted Avg Remaining Amortization Term Prior	417	412	416
Weighted Avg Remaining Amortization Term Current	417	411	415
Weighted Average Seasoning Original	4.96	4.91	4.94
Weighted Average Seasoning Prior	11.97	11.92	11.95
Weighted Average Seasoning Current	12.97	12.91	12.95

Page 8 of 33

Morgan Stanley ABS Capital I Inc. 2007-HE3



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
November 26, 2007 Distribution


ARM CHARACTERISTICS
ARM CHARACTERISTICS

	Group 2	Group 1	Total
Weighted Average Margin Original	5.80218%	6.03822%	5.89286%
Weighted Average Margin Prior	5.77252%	6.00994%	5.86180%
Weighted Average Margin Current	5.76859%	6.01010%	5.85905%
Weighted Average Max Rate Original	14.62096%	14.87727%	14.71943%
Weighted Average Max Rate Prior	14.57543%	14.84258%	14.67589%
Weighted Average Max Rate Current	14.57110%	14.84421%	14.67340%
Weighted Average Min Rate Original	8.36080%	8.67954%	8.48325%
Weighted Average Min Rate Prior	8.32151%	8.63768%	8.44041%
Weighted Average Min Rate Current	8.31846%	8.63971%	8.43879%
Weighted Average Cap Up Original	1.49902%	1.49851%	1.49882%
Weighted Average Cap Up Prior	1.49894%	1.49848%	1.49877%
Weighted Average Cap Up Current	1.49893%	1.49846%	1.49875%
Weighted Average Cap Down Original	1.49902%	1.49851%	1.49882%
Weighted Average Cap Down Prior	1.49894%	1.49848%	1.49877%
Weighted Average Cap Down Current	1.49893%	1.49846%	1.49875%




SERVICING FEES & ADVANCES
SERVICING FEES & ADVANCES

	Group 2	Group 1	Total




Current Servicing Fees	84,500.23	56,563.82	141,064.06
Delinquent Servicing Fees	134,825.80	73,210.09	208,035.89
TOTAL SERVICING FEES	219,326.04	129,773.91	349,099.95


Total Servicing Fees	219,326.04	129,773.91	349,099.95
Compensating Interest	-6,334.32	-2,813.99	-9,148.31
Delinquent Servicing Fees	-134,825.80	-73,210.09	-208,035.89
COLLECTED SERVICING FEES	78,210.78	53,749.83	131,960.61


Total Advanced Interest	2,181,323.39	1,218,858.43	3,400,181.82
Total Advanced Principal	125,537.61	71,361.79	196,899.40
Aggregate Advances with respect to this Distribution	2,306,860.99	1,290,220.22	3,597,081.21
Unrecovered Advances	0.00	0.00	0.00
Non Recoverable Advance	0.00	0.00	0.00
Servicer Escrow Advances	0.00	0.00	0.00




ADDITIONAL COLLATERAL INFORMATION
ADDITIONAL COLLATERAL INFORMATION
	Group 2	Group 1	Total
Prepayment Interest Shortfall (PPIS)	6,334.32	2,813.99	9,148.31
Compensating Interest	(6,334.32)	(2,813.99)	(9,148.31)
Net Prepayment Interest Shortfall (PPIS)	0.00	0.00	0.00

Weighted Average Net Mortgage Rate	7.796619%	8.186512%	7.850768%
Pool Factor	90.543530%	87.286322%	89.307788%





Page 9 of 33

Morgan Stanley ABS Capital I Inc. 2007-HE3



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
November 26, 2007 Distribution

Delinquency Report

TOTAL
		< 1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT	Balance		35,816,918.13	27,391,925.67	21,536,195.74	84,745,039.54
	% Balance		4.34%	3.32%	2.61%	10.26%
	# Loans		199	151	170	520
	% # Loans		4.39%	3.33%	3.75%	11.47%
FORECLOSURE	Balance	0.00	0.00	0.00	79,244,932.24	79,244,932.24
	% Balance	0.00%	0.00%	0.00%	9.59%	9.59%
	# Loans	0	0	0	304	304
	% # Loans	0.00%	0.00%	0.00%	6.71%	6.71%
BANKRUPTCY	Balance	1,745,384.45	287,359.57	0.00	7,133,882.62	9,166,626.64
	% Balance	0.21%	0.03%	0.00%	0.86%	1.11%
	# Loans	12	2	0	32	46
	% # Loans	0.26%	0.04%	0.00%	0.71%	1.01%
REO	Balance	0.00	0.00	0.00	13,591,496.18	13,591,496.18
	% Balance	0.00%	0.00%	0.00%	1.65%	1.65%
	# Loans	0	0	0	54	54
	% # Loans	0.00%	0.00%	0.00%	1.19%	1.19%
TOTAL	Balance	1,745,384.45	36,104,277.70	27,391,925.67	121,506,506.78	186,748,094.60
	% Balance	0.21%	4.37%	3.32%	14.71%	22.61%
	# Loans	12	201	151	560	924
	% # Loans	0.26%	4.43%	3.33%	12.35%	20.38%

Page 10 of 33

Morgan Stanley ABS Capital I Inc. 2007-HE3



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
November 26, 2007 Distribution


GROUP 1
		< 1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT	Balance		12,501,472.82	7,987,486.93	6,595,681.70	27,084,641.45
	% Balance		4.08%	2.61%	2.15%	8.84%
	# Loans		81	57	53	191
	% # Loans		4.02%	2.83%	2.63%	9.49%
FORECLOSURE	Balance	0.00	0.00	0.00	26,199,764.43	26,199,764.43
	% Balance	0.00%	0.00%	0.00%	8.55%	8.55%
	# Loans	0	0	0	125	125
	% # Loans	0.00%	0.00%	0.00%	6.21%	6.21%
BANKRUPTCY	Balance	679,745.45	212,064.87	0.00	2,905,678.08	3,797,488.40
	% Balance	0.22%	0.07%	0.00%	0.95%	1.24%
	# Loans	6	1	0	16	23
	% # Loans	0.30%	0.05%	0.00%	0.79%	1.14%
REO	Balance	0.00	0.00	0.00	3,170,406.71	3,170,406.71
	% Balance	0.00%	0.00%	0.00%	1.04%	1.04%
	# Loans	0	0	0	18	18
	% # Loans	0.00%	0.00%	0.00%	0.89%	0.89%
TOTAL	Balance	679,745.45	12,713,537.69	7,987,486.93	38,871,530.92	60,252,300.99
	% Balance	0.22%	4.15%	2.61%	12.69%	19.67%
	# Loans	6	82	57	212	357
	% # Loans	0.30%	4.07%	2.83%	10.53%	17.73%

Page 11 of 33

Morgan Stanley ABS Capital I Inc. 2007-HE3



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
November 26, 2007 Distribution


GROUP 2
		< 1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT	Balance		23,315,445.31	19,404,438.74	14,940,514.04	57,660,398.09
	% Balance		4.49%	3.73%	2.87%	11.09%
	# Loans		118	94	117	329
	% # Loans		4.68%	3.73%	4.64%	13.06%
FORECLOSURE	Balance	0.00	0.00	0.00	53,045,167.81	53,045,167.81
	% Balance	0.00%	0.00%	0.00%	10.21%	10.21%
	# Loans	0	0	0	179	179
	% # Loans	0.00%	0.00%	0.00%	7.10%	7.10%
BANKRUPTCY	Balance	1,065,639.00	75,294.70	0.00	4,228,204.54	5,369,138.24
	% Balance	0.21%	0.01%	0.00%	0.81%	1.03%
	# Loans	6	1	0	16	23
	% # Loans	0.24%	0.04%	0.00%	0.63%	0.91%
REO	Balance	0.00	0.00	0.00	10,421,089.47	10,421,089.47
	% Balance	0.00%	0.00%	0.00%	2.01%	2.01%
	# Loans	0	0	0	36	36
	% # Loans	0.00%	0.00%	0.00%	1.43%	1.43%
TOTAL	Balance	1,065,639.00	23,390,740.01	19,404,438.74	82,634,975.86	126,495,793.61
	% Balance	0.21%	4.50%	3.73%	15.90%	24.34%
	# Loans	6	119	94	348	567
	% # Loans	0.24%	4.72%	3.73%	13.81%	22.50%

Page 12 of 33

Morgan Stanley ABS Capital I Inc. 2007-HE3



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
November 26, 2007 Distribution

REO Report
Loan Number	Original	Stated		Current	State &		First
Loan Number	Original	Stated		Current	State &		First
&	Principal	Principal	Paid to	Note	LTV at	Original	Payment
Loan Group	Balance	Balance	Date	Rate	Origination	Term	Date
					Origination



Became REO Property this Period:
1009255851 2	375,250.00	375,249.97	01-Dec-2006	9.550%	CA - 95.00%	360	01-Oct-2006
1009454271 2	463,500.00	461,742.98	01-Dec-2006	8.350%	CA - 90.00%	360	01-Oct-2006
1009486807 1	112,200.00	111,400.05	01-Apr-2007	9.800%	MS - 85.00%	360	01-Oct-2006
1009518480 2	75,000.00	74,657.83	01-Nov-2006	11.700%	AZ - 57.69%	360	01-Oct-2006
1009524482 1	295,000.00	295,000.00	01-Feb-2007	9.990%	CA - 94.55%	360	01-Oct-2006
1009586744 2	149,600.00	148,898.60	01-May-2007	7.325%	VA - 80.00%	360	01-Nov-2006
1009596047 1	225,000.00	224,343.10	01-Feb-2007	9.250%	CA - 90.00%	360	01-Oct-2006
1009758791 2	643,500.00	641,574.97	01-Feb-2007	8.900%	NV - 90.00%	360	01-Nov-2006
1009928064 1	106,250.00	106,005.77	01-May-2007	9.800%	TN - 85.00%	360	01-Nov-2006
1009969215 1	327,750.00	326,985.99	01-Feb-2007	9.750%	CA - 95.00%	360	01-Nov-2006
3000434151 2	228,635.00	226,483.85	01-Mar-2007	7.820%	CO - 80.00%	360	01-Nov-2006
3000445735 2	121,200.00	121,200.00	01-Mar-2007	9.200%	AZ - 79.48%	360	01-Nov-2006
3000447931 2	382,500.00	379,934.51	01-Feb-2007	9.500%	MD - 85.00%	360	01-Nov-2006
3000452768 2	720,000.00	719,859.66	01-Dec-2006	7.400%	CA - 80.00%	360	01-Nov-2006
3000467652 2	492,000.00	492,000.00	01-May-2007	8.000%	VA - 80.00%	360	01-Dec-2006
3000474218 2	780,000.00	771,716.81	01-Feb-2007	7.200%	CA - 80.00%	360	01-Nov-2006
3000483754 2	319,999.00	318,467.29	01-Dec-2006	7.250%	CA - 80.00%	360	01-Nov-2006
3000499364 2	270,000.00	268,244.29	01-Jan-2007	9.650%	UT - 90.00%	360	01-Nov-2006
3000512599 2	203,960.00	201,974.81	01-Apr-2007	7.650%	CO - 79.67%	360	01-Nov-2006
3000523570 2	150,000.00	149,406.10	01-Dec-2006	11.990%	CA - 20.00%	360	01-Nov-2006
6000250961 2	142,650.00	141,796.26	01-May-2007	10.050%	MD - 90.00%	360	01-Nov-2006
6000252385 2	209,000.00	208,715.92	01-May-2007	8.600%	VA - 95.00%	360	01-Nov-2006
6000254204 1	238,400.00	236,498.73	01-Feb-2007	8.650%	WV - 80.00%	360	01-Nov-2006
6000255849 2	96,000.00	95,357.31	01-Apr-2007	9.100%	GA - 80.00%	360	01-Dec-2006
6000256255 1	166,500.00	166,021.42	01-Feb-2007	8.750%	GA - 90.00%	360	01-Dec-2006
6100242306 2	261,600.00	259,492.64	01-May-2007	8.600%	MI - 80.00%	360	01-Nov-2006


TOTAL	7,555,494.00	7,523,028.86

Became REO Property in a Prior Period:
1008354345 2	180,000.00	178,335.06	01-Nov-2006	9.000%	MI - 90.00%	360	01-Aug-2006
1008759658 2	384,000.00	382,693.34	01-Oct-2006	8.975%	CA - 80.00%	360	01-Sep-2006
1008884451 2	320,000.00	319,170.77	01-Nov-2006	9.900%	VA - 88.89%	360	01-Sep-2006
1009112435 2	87,300.00	86,847.36	01-Jan-2007	11.450%	MI - 90.00%	360	01-Sep-2006
1009393569 2	202,500.00	201,160.53	01-Jan-2007	9.950%	MA - 90.00%	360	01-Oct-2006
1009412067 2	105,300.00	105,014.35	01-Nov-2006	9.500%	NC - 90.00%	360	01-Oct-2006
1009450328 1	333,000.00	331,790.88	01-Dec-2006	8.500%	CA - 90.00%	360	01-Oct-2006
1009713759 1	137,600.00	136,976.97	01-Jan-2007	7.725%	MN - 80.00%	360	01-Oct-2006
1009730669 1	118,800.00	118,450.60	01-Feb-2007	9.225%	TX - 90.00%	360	01-Oct-2006
1009745822 2	261,000.00	260,175.37	01-Dec-2006	8.980%	MN - 90.00%	360	01-Oct-2006
1009750370 2	324,000.00	323,376.97	01-Jan-2007	10.650%	VA - 90.00%	360	01-Oct-2006
1009756150 2	324,800.00	323,113.06	01-Dec-2006	7.475%	CA - 80.00%	360	01-Oct-2006
1009760047 1	379,050.00	379,030.00	01-Jan-2007	9.925%	CA - 95.00%	360	01-Oct-2006
1009762152 2	238,500.00	238,434.02	01-Jan-2007	9.850%	MN - 90.00%	360	01-Nov-2006


Page 13 of 33

Morgan Stanley ABS Capital I Inc. 2007-HE3



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
November 26, 2007 Distribution

Loan Number	Original	Stated		Current	State &		First
&	Principal	Principal	Paid to	Note	LTV at	Original	Payment
Loan Group	Balance	Balance	Date	Rate	Origination	Term	Date
					Origination


1009799373 1	76,500.00	76,317.67	01-Mar-2007	9.675%	MI - 85.00%	360	01-Nov-2006
1009936233 1	97,650.00	97,059.21	01-Feb-2007	10.000%	TN - 90.00%	360	01-Nov-2006
3000304110 1	116,000.00	115,583.95	01-Jan-2007	8.550%	CO - 80.00%	360	01-Oct-2006
3000407307 1	78,400.00	77,846.45	01-Dec-2006	9.250%	MI - 80.00%	360	01-Nov-2006
3000450436 2	115,500.00	114,701.11	01-Feb-2007	9.350%	MD - 75.00%	360	01-Nov-2006
3000473308 1	54,400.00	54,121.91	01-Mar-2007	10.800%	MO - 80.00%	360	01-Nov-2006
3000473945 1	119,250.00	118,490.44	01-Mar-2007	9.750%	TX - 90.00%	360	01-Nov-2006
3000487805 2	319,920.00	317,469.63	01-Mar-2007	8.850%	MD - 80.00%	360	01-Nov-2006
3000531182 2	215,000.00	214,661.27	01-Dec-2006	7.990%	CO - 89.96%	360	01-Dec-2006
3000537656 2	400,000.00	399,536.91	01-Feb-2007	8.800%	MA - 80.00%	360	01-Dec-2006
6000250912 1	200,000.00	198,483.57	01-Jan-2007	8.900%	GA - 89.49%	360	01-Nov-2006
6000253687 2	224,000.00	223,587.94	01-Feb-2007	7.800%	MD - 80.00%	360	01-Nov-2006
6000254546 2	488,000.00	487,233.98	01-Mar-2007	8.000%	GA - 80.00%	360	01-Dec-2006
6100251526 2	190,000.00	188,804.00	01-Mar-2007	9.400%	MD - 100.00%	360	01-Dec-2006


TOTAL	6,090,470.00	6,068,467.32


TOTAL	13,645,964.00	13,591,496.18
TOTAL


Page 14 of 33

Morgan Stanley ABS Capital I Inc. 2007-HE3



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
November 26, 2007 Distribution

Foreclosure Report
Loan Number	Original	Stated		Current	State &		First
Loan Number	Original	Stated		Current	State &		First
&	Principal	Principal	Paid to	Note	LTV at	Original	Payment
Loan Group	Balance	Balance	Date	Rate	Origination	Term	Date
					Origination

Became Foreclosure Property this Period:
1007915651 2	103,200.00	103,200.00	01-Jun-2007	8.613%	UT - 80.00%	360	01-Jul-2006
1008956007 1	90,000.00	89,146.89	01-Jun-2007	8.175%	OH - 90.00%	360	01-Oct-2006
1008966247 2	241,150.00	240,138.56	01-Apr-2007	8.250%	MD - 65.00%	360	01-Sep-2006
1009017896 2	256,000.00	253,766.22	01-Apr-2007	8.950%	MD - 80.00%	360	01-Sep-2006
1009078240 2	620,000.00	619,999.93	01-Jun-2007	8.000%	FL - 80.00%	360	01-Sep-2006
1009092732 2	242,000.00	241,239.83	01-Apr-2007	9.000%	FL - 82.03%	360	01-Oct-2006
1009262807 2	76,500.00	76,314.32	01-Jun-2007	9.875%	IL - 85.00%	360	01-Oct-2006
1009308590 2	217,500.00	214,854.00	01-Jun-2007	10.550%	NJ - 75.00%	360	01-Oct-2006
1009385943 2	67,200.00	66,858.62	01-Jun-2007	11.200%	IA - 80.00%	360	01-Oct-2006
1009436817 1	234,000.00	233,346.31	01-Jun-2007	9.400%	CA - 90.00%	360	01-Oct-2006
1009495389 1	208,000.00	202,323.32	01-Jun-2007	7.325%	NH - 80.00%	360	01-Oct-2006
1009519568 2	189,050.00	189,050.00	01-Mar-2007	8.600%	NM - 95.00%	360	01-Oct-2006
1009530714 1	54,000.00	53,275.29	01-Jun-2007	7.875%	MO - 90.00%	360	01-Nov-2006
1009604421 1	51,800.00	51,443.49	01-Jan-2007	9.375%	MO - 70.00%	360	01-Nov-2006
1009619996 2	251,750.00	251,066.78	01-Dec-2006	9.500%	MD - 95.00%	360	01-Oct-2006
1009699604 2	468,000.00	466,494.41	01-Jun-2007	8.650%	NJ - 84.32%	360	01-Nov-2006
1009714160 2	117,000.00	116,718.07	01-May-2007	9.900%	CO - 90.00%	360	01-Oct-2006
1009796571 1	383,000.00	378,974.44	01-Jun-2007	7.650%	CA - 60.79%	360	01-Oct-2006
1009806418 2	156,000.00	154,645.30	01-Jan-2007	8.225%	KY - 80.00%	360	01-Nov-2006
1009809898 2	138,700.00	137,863.54	01-May-2007	10.013%	IN - 95.00%	360	01-Nov-2006
1009813213 2	361,000.00	358,502.87	01-Jun-2007	9.350%	NJ - 95.00%	360	01-Nov-2006
1009840942 1	72,800.00	72,311.61	01-Jun-2007	9.500%	IN - 80.00%	360	01-Nov-2006
1009906756 1	96,000.00	95,658.33	01-Jan-2007	8.300%	FL - 80.00%	360	01-Nov-2006
1009936108 1	128,000.00	127,467.30	01-Jun-2007	7.750%	CO - 80.00%	360	01-Nov-2006
1010042599 2	103,637.00	102,941.86	01-Jun-2007	9.500%	TX - 83.92%	360	01-Nov-2006
3000340648 2	308,800.00	307,560.51	01-Jun-2007	8.150%	CA - 80.00%	360	01-Oct-2006
3000346461 2	503,500.00	503,500.00	01-Jun-2007	7.200%	CA - 95.00%	360	01-Oct-2006
3000383786 1	121,200.00	120,818.18	01-Jun-2007	8.990%	NV - 80.00%	360	01-Oct-2006
3000385469 2	680,000.00	672,153.07	01-Jun-2007	9.000%	NY - 100.00%	360	01-Nov-2006
3000419038 2	517,442.00	511,671.65	01-Jun-2007	8.150%	WV - 80.00%	360	01-Nov-2006
3000420166 1	76,000.00	75,573.75	01-Jun-2007	9.950%	OH - 80.00%	360	01-Nov-2006
3000437815 2	480,000.00	479,140.99	01-Jun-2007	7.650%	CA - 80.00%	360	01-Dec-2006
3000440650 1	400,000.00	399,413.39	01-May-2007	8.400%	CA - 80.00%	360	01-Nov-2006
3000442015 1	244,440.00	243,488.10	01-Jun-2007	7.690%	IL - 84.00%	360	01-Dec-2006
3000443697 2	711,000.00	704,607.54	01-Jun-2007	8.050%	NY - 90.00%	360	01-Nov-2006
3000446930 1	247,500.00	246,145.44	01-Jun-2007	10.500%	FL - 72.79%	360	01-Nov-2006
3000448306 2	414,400.00	414,346.83	01-Jun-2007	7.375%	CA - 79.85%	360	01-Nov-2006
3000455534 1	178,500.00	178,242.40	01-Jun-2007	8.550%	IL - 85.00%	360	01-Nov-2006
3000473240 2	392,400.00	389,663.97	01-May-2007	8.900%	NY - 90.00%	360	01-Dec-2006
3000477313 2	270,000.00	269,352.21	01-Jun-2007	9.650%	AZ - 82.57%	360	01-Nov-2006
3000478405 2	236,288.00	234,077.97	01-May-2007	7.850%	IL - 80.00%	360	01-Nov-2006
3000497431 1	160,000.00	159,477.74	01-Jun-2007	8.600%	CA - 80.00%	360	01-Nov-2006
3000505113 1	360,000.00	359,469.96	01-May-2007	8.390%	CA - 90.00%	360	01-Nov-2006
3000505113 1	360,000.00			8.390%	CA - 90.00%


Page 15 of 33

Morgan Stanley ABS Capital I Inc. 2007-HE3



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
November 26, 2007 Distribution

Loan Number	Original	Stated		Current	State &		First
&	Principal	Principal	Paid to	Note	LTV at	Original	Payment
Loan Group	Balance	Balance	Date	Rate	Origination	Term	Date
					Origination
3000505761 1
3000505761 1	265,500.00	265,145.34	01-Jun-2007	8.650%	CA - 90.00%	360	01-Nov-2006

3000507898 2	368,000.00	367,460.31	01-Jun-2007	8.400%	IL - 80.00%	360	01-Nov-2006
3000510278 2	376,000.00	371,156.47	01-Jun-2007	6.500%	NY - 80.00%	360	01-Nov-2006
3000511929 2	144,000.00	142,878.20	01-May-2007	8.350%	MD - 80.00%	360	01-Dec-2006
3000512679 2	260,000.00	260,000.00	01-Jan-2007	7.300%	MO - 80.00%	360	01-Nov-2006
3000519017 2	435,200.00	431,843.85	01-May-2007	8.800%	NY - 85.00%	360	01-Nov-2006
3000533220 1	169,600.00	169,391.98	01-Jun-2007	8.650%	MD - 80.00%	360	01-Dec-2006
3000544882 1	207,000.00	204,917.29	01-Jun-2007	7.050%	WA - 90.00%	360	01-Dec-2006
3000550712 2	295,000.00	293,272.54	01-Jun-2007	9.750%	CA - 100.00%	360	01-Dec-2006
3000569267 2	153,900.00	152,582.06	01-May-2007	7.875%	AZ - 95.00%	360	01-Dec-2006
3000595500 1	361,250.00	358,976.05	01-Jun-2007	9.400%	CA - 85.00%	360	01-Dec-2006
3000600380 2	95,000.00	94,161.96	01-Jun-2007	9.050%	VA - 95.00%	360	01-Dec-2006
5000227464 1	186,400.00	184,477.20	01-Jun-2007	7.350%	TX - 80.00%	360	01-Nov-2006
6000246732 2	190,400.00	189,982.33	01-May-2007	7.100%	CO - 80.00%	360	01-Nov-2006
6000247869 2	270,000.00	268,280.12	01-May-2007	9.750%	FL - 90.00%	360	01-Nov-2006
6000248168 1	220,000.00	218,598.66	01-Jun-2007	9.750%	FL - 78.57%	360	01-Nov-2006
6000248981 2	280,000.00	279,604.57	01-Jun-2007	8.500%	OH - 94.92%	360	01-Nov-2006
6000250489 1	293,250.00	291,136.78	01-Jun-2007	9.150%	MD - 85.00%	360	01-Nov-2006
6000250882 1	408,000.00	405,535.44	01-Apr-2007	9.600%	FL - 80.00%	360	01-Dec-2006
6000251015 2	256,000.00	255,448.69	01-Jun-2007	10.000%	CO - 80.00%	360	01-Nov-2006
6000251217 1	178,500.00	177,386.28	01-Jun-2007	9.850%	FL - 70.00%	360	01-Nov-2006
6000252586 2	243,600.00	243,222.52	01-Jun-2007	11.100%	VA - 70.00%	360	01-Nov-2006
6000252691 2	233,600.00	231,458.39	01-Jan-2007	7.950%	GA - 80.00%	360	01-Nov-2006
6000252724 1	256,000.00	253,508.13	01-Jun-2007	7.650%	FL - 80.00%	360	01-Nov-2006
6000253323 2	312,300.00	311,217.54	01-May-2007	8.100%	MD - 90.00%	360	01-Dec-2006
6000253720 2	204,000.00	202,183.91	01-Jun-2007	8.100%	FL - 80.00%	360	01-Nov-2006
6000253844 1	101,500.00	100,768.47	01-Jun-2007	9.150%	SC - 100.00%	360	01-Nov-2006
6000254234 2	224,000.00	223,620.88	01-Apr-2007	7.800%	FL - 80.00%	360	01-Dec-2006
6000254985 2	244,000.00	243,626.83	01-Jun-2007	8.550%	FL - 80.00%	360	01-Dec-2006
6000255028 1	139,000.00	138,000.82	01-Jun-2007	8.750%	KY - 90.85%	360	01-Dec-2006
6000255167 1	149,120.00	147,861.85	01-Jun-2007	7.950%	GA - 80.00%	360	01-Dec-2006
6000255877 1	201,600.00	201,363.85	01-Jun-2007	8.770%	MD - 80.00%	360	01-Dec-2006
7000206099 2	800,000.00	800,000.00	01-Apr-2007	6.700%	CA - 80.00%	360	01-Aug-2006
7000212172 1	294,500.00	294,500.00	01-Jun-2007	8.350%	CA - 95.00%	360	01-Oct-2006
7000214551 2	114,725.00	114,311.85	01-May-2007	12.450%	PA - 65.00%	360	01-Nov-2006
7000214781 1	229,500.00	227,976.46	01-May-2007	9.550%	CT - 90.00%	360	01-Nov-2006
7000215300 2	344,000.00	343,324.51	01-Jun-2007	7.400%	FL - 80.00%	360	01-Dec-2006
8000097195 2	200,000.00	198,851.94	01-Apr-2007	10.250%	FL - 80.00%	360	01-Nov-2006
8000102082 1	328,500.00	328,007.04	01-Jun-2007	8.350%	NY - 90.00%	360	01-Nov-2006
8000102539 1	262,500.00	261,416.80	01-May-2007	11.800%	MA - 67.31%	360	01-Nov-2006
8000102623 1	216,000.00	214,755.50	01-Jun-2007	9.850%	NJ - 80.00%	360	01-Dec-2006
8000103029 1	410,000.00	407,753.98	01-May-2007	10.070%	NJ - 69.49%	360	01-Dec-2006
8000103127 1	175,000.00	174,358.01	01-Jun-2007	11.950%	MA - 70.00%	360	01-Dec-2006


TOTAL	22,324,202.00	22,210,630.39

Became Foreclosure Property in a Prior Period:
1008375377 2	408,000.00	404,302.02	01-Nov-2006	9.100%	OK - 85.00%	360	01-Aug-2006


Page 16 of 33

Morgan Stanley ABS Capital I Inc. 2007-HE3



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
November 26, 2007 Distribution

Loan Number	Original	Stated		Current	State &		First
&	Principal	Principal	Paid to	Note	LTV at	Original	Payment
Loan Group	Balance	Balance	Date	Rate	Origination	Term	Date
					Origination
1008390948 2
1008390948 2	315,920.00	314,105.52	01-Feb-2007	7.375%	CA - 80.00%	360	01-Aug-2006

1008545835 2	516,000.00	513,616.61	01-Mar-2007	8.150%	CA - 80.00%	360	01-Aug-2006
1008746887 2	522,000.00	521,992.45	01-Nov-2006	7.500%	NY - 90.00%	360	01-Sep-2006
1008780777 2	54,375.00	54,279.67	01-Mar-2007	11.200%	NM - 75.00%	360	01-Sep-2006
1008792130 2	301,600.00	301,599.96	01-Mar-2007	7.990%	CA - 80.00%	360	01-Aug-2006
1008829949 2	93,755.00	93,477.15	01-May-2007	9.450%	FL - 85.00%	360	01-Sep-2006
1008843040 2	60,000.00	59,707.56	01-Apr-2007	11.025%	TX - 61.86%	360	01-Nov-2006
1008942040 2	392,000.00	390,646.47	01-Jan-2007	8.925%	CA - 80.00%	360	01-Sep-2006
1008970795 2	447,200.00	447,200.00	01-Dec-2006	7.570%	CA - 80.00%	360	01-Sep-2006
1008974176 2	234,750.00	233,313.22	01-Mar-2007	6.900%	AZ - 75.00%	360	01-Sep-2006
1009003570 1	229,920.00	228,706.08	01-May-2007	7.175%	CA - 80.00%	360	01-Oct-2006
1009015371 1	409,450.00	409,449.99	01-Jan-2007	8.850%	CA - 95.00%	360	01-Sep-2006
1009043741 2	492,000.00	489,462.78	01-Mar-2007	7.425%	CA - 80.00%	360	01-Oct-2006
1009076457 2	741,000.00	736,882.70	01-Apr-2007	11.125%	CA - 95.00%	360	01-Sep-2006
1009078927 2	288,000.00	285,821.37	01-Dec-2006	9.650%	CA - 90.00%	360	01-Sep-2006
1009109582 2	475,000.00	473,653.57	01-Apr-2007	9.350%	CA - 93.14%	360	01-Oct-2006
1009126527 1	356,250.00	355,210.53	01-Mar-2007	9.500%	CA - 75.00%	360	01-Sep-2006
1009136035 1	119,300.00	118,759.80	01-May-2007	7.725%	CT - 76.97%	360	01-Oct-2006
1009162826 1	184,000.00	183,346.23	01-Jan-2007	8.575%	VT - 80.00%	360	01-Oct-2006
1009201071 2	224,000.00	223,290.93	01-Mar-2007	8.990%	IL - 80.00%	360	01-Oct-2006
1009236294 1	200,000.00	199,394.29	01-Feb-2007	9.125%	FL - 80.00%	360	01-Oct-2006
1009244123 2	52,700.00	52,425.33	01-May-2007	11.425%	OH - 85.00%	360	01-Sep-2006
1009284641 2	195,500.00	194,790.18	01-May-2007	8.500%	WA - 85.00%	360	01-Oct-2006
1009311292 2	99,900.00	99,628.94	01-Apr-2007	9.500%	SC - 90.00%	360	01-Oct-2006
1009311657 2	219,200.00	218,383.39	01-May-2007	8.525%	CA - 80.00%	360	01-Nov-2006
1009321245 2	116,991.00	116,798.17	01-May-2007	10.900%	GA - 90.00%	360	01-Nov-2006
1009328462 1	101,200.00	101,199.94	01-Mar-2007	7.775%	OR - 80.00%	360	01-Sep-2006
1009372485 2	516,000.00	514,315.88	01-May-2007	8.600%	NJ - 80.00%	360	01-Nov-2006
1009390376 2	154,800.00	154,361.01	01-Jan-2007	9.350%	MI - 90.00%	360	01-Oct-2006
1009427033 1	67,500.00	67,128.65	01-Jan-2007	10.825%	MO - 90.00%	360	01-Oct-2006
1009455261 2	208,800.00	206,650.04	01-Mar-2007	7.950%	IL - 90.00%	360	01-Oct-2006
1009476907 2	191,920.00	191,308.26	01-Dec-2006	8.950%	NJ - 80.00%	360	01-Oct-2006
1009479502 2	251,600.00	249,928.62	01-Mar-2007	9.925%	FL - 85.00%	360	01-Oct-2006
1009485684 1	84,600.00	84,039.41	01-Mar-2007	9.938%	ME - 90.00%	360	01-Oct-2006
1009494889 2	131,750.00	130,897.13	01-May-2007	10.050%	IL - 85.00%	360	01-Oct-2006
1009497555 2	324,000.00	323,281.09	01-Mar-2007	10.175%	MA - 90.00%	360	01-Oct-2006
1009502549 2	116,950.00	116,587.90	01-Mar-2007	9.050%	UT - 89.96%	360	01-Oct-2006
1009528228 2	251,750.00	249,905.36	01-Mar-2007	9.450%	IL - 95.00%	360	01-Oct-2006
1009540286 2	220,500.00	219,670.94	01-Mar-2007	8.500%	FL - 90.00%	360	01-Nov-2006
1009547467 1	75,200.00	74,817.52	01-Feb-2007	10.825%	NY - 80.00%	360	01-Nov-2006
1009586557 1	344,500.00	344,500.00	01-Dec-2006	7.150%	NY - 65.00%	360	01-Oct-2006
1009586673 2	88,000.00	87,276.66	01-Apr-2007	8.500%	TX - 80.00%	360	01-Nov-2006
1009595761 1	61,750.00	61,594.35	01-Feb-2007	9.750%	IN - 95.00%	360	01-Oct-2006
1009667764 2	130,500.00	129,581.97	01-May-2007	9.650%	GA - 90.00%	360	01-Oct-2006
1009698062 2	451,500.00	449,647.58	01-Apr-2007	7.800%	FL - 70.00%	360	01-Nov-2006
1009715178 1	256,500.00	255,633.57	01-Mar-2007	8.750%	CA - 90.00%	360	01-Oct-2006
1009746992 1	293,250.00	292,475.43	01-Feb-2007	9.325%	CT - 85.00%	360	01-Nov-2006


Page 17 of 33

Morgan Stanley ABS Capital I Inc. 2007-HE3



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
November 26, 2007 Distribution

Loan Number	Original	Stated		Current	State &		First
&	Principal	Principal	Paid to	Note	LTV at	Original	Payment
Loan Group	Balance	Balance	Date	Rate	Origination	Term	Date
					Origination
1009757159 2
1009757159 2	81,600.00	81,289.73	01-Mar-2007	8.900%	IA - 85.00%	360	01-Nov-2006

1009760172 2	216,000.00	214,652.31	01-Mar-2007	9.850%	CT - 90.00%	360	01-Nov-2006
1009766112 2	210,000.00	208,892.34	01-Mar-2007	8.250%	NV - 70.00%	360	01-Oct-2006
1009768860 1	172,235.00	172,235.00	01-May-2007	8.900%	GA - 95.00%	360	01-Nov-2006
1009811279 1	60,300.00	59,889.26	01-Apr-2007	9.425%	IN - 90.00%	360	01-Nov-2006
1009859566 1	106,250.00	106,017.77	01-May-2007	10.000%	NE - 85.00%	360	01-Nov-2006
1009877172 1	81,225.00	80,650.87	01-Dec-2006	9.245%	OH - 90.00%	360	01-Nov-2006
1009901190 2	531,000.00	529,452.42	01-Nov-2006	8.990%	CA - 90.00%	360	01-Nov-2006
1009923112 1	160,000.00	159,375.30	01-Jan-2007	7.975%	TX - 80.00%	360	01-Nov-2006
1009937189 2	270,000.00	267,214.84	01-May-2007	7.350%	CT - 90.00%	360	01-Nov-2006
1009986893 1	131,440.00	130,535.37	01-Jun-2007	9.375%	OK - 80.00%	360	01-Nov-2006
1009991413 2	658,400.00	658,400.00	01-Feb-2007	7.750%	CA - 80.00%	360	01-Nov-2006
1009996917 1	116,100.00	115,131.25	01-Mar-2007	8.425%	IL - 90.00%	360	01-Nov-2006
1010005585 1	67,950.00	67,530.37	01-Feb-2007	9.900%	IN - 90.00%	360	01-Nov-2006
1010029845 2	400,000.00	397,398.73	01-Nov-2006	9.650%	NJ - 80.00%	360	01-Nov-2006
1010044098 2	54,000.00	53,665.82	01-Apr-2007	9.890%	TX - 80.00%	360	01-Nov-2006
1010103194 2	67,450.00	66,958.97	01-May-2007	9.100%	WI - 95.00%	360	01-Nov-2006
1010113959 1	80,000.00	79,813.25	01-Jan-2007	9.750%	WI - 80.00%	360	01-Nov-2006
1010179683 2	189,000.00	188,671.64	01-May-2007	10.725%	MN - 89.79%	360	01-Nov-2006
3000229551 2	233,750.00	233,187.40	01-Apr-2007	10.200%	IL - 85.00%	360	01-Nov-2006
3000340682 1	220,000.00	218,737.28	01-Dec-2006	10.250%	FL - 80.00%	360	01-Nov-2006
3000341865 2	551,200.00	545,288.00	01-May-2007	7.150%	CA - 80.00%	360	01-Nov-2006
3000346143 1	360,000.00	359,655.14	01-Mar-2007	12.650%	CA - 53.25%	360	01-Nov-2006
3000378756 2	528,000.00	522,863.31	01-Feb-2007	7.650%	NY - 80.00%	360	01-Nov-2006
3000382569 2	320,800.00	320,198.86	01-Dec-2006	7.750%	CA - 80.00%	360	01-Nov-2006
3000391138 2	270,000.00	267,523.96	01-Feb-2007	7.950%	GA - 90.00%	360	01-Nov-2006
3000399580 1	148,500.00	147,608.84	01-Feb-2007	10.550%	OR - 90.00%	360	01-Nov-2006
3000402938 2	414,000.00	407,285.04	01-Apr-2007	8.990%	NY - 90.00%	360	01-Nov-2006
3000403369 2	121,550.00	120,901.87	01-Mar-2007	10.600%	OH - 85.00%	360	01-Nov-2006
3000403735 2	185,500.00	184,489.73	01-Mar-2007	10.500%	NV - 70.00%	360	01-Nov-2006
3000405269 2	56,700.00	56,610.83	01-May-2007	11.050%	MI - 90.00%	360	01-Nov-2006
3000405715 1	350,200.00	347,969.30	01-Jan-2007	9.750%	CA - 85.00%	360	01-Nov-2006
3000408865 1	243,000.00	242,122.85	01-Feb-2007	8.250%	CA - 90.00%	360	01-Nov-2006
3000410756 1	250,000.00	248,787.82	01-Apr-2007	10.650%	IL - 59.52%	360	01-Dec-2006
3000411325 2	292,500.00	289,972.75	01-Jan-2007	8.250%	NY - 90.00%	360	01-Nov-2006
3000415819 1	260,000.00	258,201.60	01-Feb-2007	9.350%	NJ - 80.00%	360	01-Nov-2006
3000420428 1	318,000.00	317,225.63	01-Mar-2007	9.600%	CA - 84.80%	360	01-Nov-2006
3000424570 1	193,500.00	193,500.00	01-Feb-2007	7.500%	FL - 90.00%	360	01-Dec-2006
3000427824 1	329,600.00	327,886.70	01-Jan-2007	10.950%	CA - 80.00%	360	01-Nov-2006
3000430738 2	416,000.00	415,001.74	01-May-2007	7.250%	CA - 80.00%	360	01-Nov-2006
3000431476 2	239,700.00	238,549.99	01-Mar-2007	10.700%	NY - 47.00%	360	01-Dec-2006
3000434297 2	190,000.00	189,601.39	01-Feb-2007	10.100%	CA - 80.00%	360	01-Nov-2006
3000434479 2	697,500.00	692,103.52	01-Apr-2007	8.800%	NY - 90.00%	360	01-Nov-2006
3000447383 1	200,000.00	198,852.07	01-Jan-2007	10.250%	CA - 54.79%	360	01-Nov-2006
3000449671 2	208,000.00	207,652.19	01-May-2007	8.750%	NJ - 80.00%	360	01-Nov-2006
3000449728 2	306,000.00	304,926.70	01-Dec-2006	8.350%	IL - 90.00%	360	01-Nov-2006
3000450959 2	405,000.00	402,227.22	01-Mar-2007	9.400%	FL - 90.00%	360	01-Nov-2006


Page 18 of 33

Morgan Stanley ABS Capital I Inc. 2007-HE3



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
November 26, 2007 Distribution

Loan Number	Original	Stated		Current	State &		First
&	Principal	Principal	Paid to	Note	LTV at	Original	Payment
Loan Group	Balance	Balance	Date	Rate	Origination	Term	Date
					Origination
3000454361 1
3000454361 1	176,000.00	176,000.00	01-Feb-2007	8.990%	CA - 80.00%	360	01-Nov-2006

3000454613 2	428,000.00	426,007.46	01-May-2007	7.350%	CA - 80.00%	360	01-Nov-2006
3000455011 2	320,800.00	320,007.11	01-Mar-2007	7.000%	WA - 80.00%	360	01-Nov-2006
3000457068 1	231,000.00	229,450.69	01-Mar-2007	9.500%	NJ - 70.00%	360	01-Nov-2006
3000457206 2	170,000.00	168,808.07	01-May-2007	9.300%	OR - 85.00%	360	01-Nov-2006
3000464659 2	252,000.00	249,817.16	01-Mar-2007	8.640%	FL - 80.00%	360	01-Dec-2006
3000465240 1	133,600.00	133,053.99	01-Mar-2007	11.450%	FL - 80.00%	360	01-Dec-2006
3000465967 1	178,000.00	175,696.18	01-Mar-2007	6.500%	CA - 46.84%	360	01-Nov-2006
3000469621 2	768,000.00	765,958.77	01-Apr-2007	6.800%	CA - 80.00%	360	01-Nov-2006
3000471863 1	130,000.00	129,292.01	01-Dec-2006	10.500%	FL - 74.71%	360	01-Nov-2006
3000473137 1	124,000.00	123,780.38	01-May-2007	7.900%	IL - 80.00%	360	01-Nov-2006
3000473273 1	216,000.00	213,874.42	01-Apr-2007	7.850%	IL - 80.00%	360	01-Dec-2006
3000474877 2	475,200.00	471,879.22	01-Jan-2007	9.300%	CA - 80.00%	360	01-Nov-2006
3000475286 2	251,920.00	251,920.00	01-Feb-2007	7.600%	CA - 80.00%	360	01-Nov-2006
3000475402 1	372,400.00	371,575.41	01-Dec-2006	7.300%	CA - 95.00%	360	01-Nov-2006
3000476517 1	256,000.00	254,229.18	01-Mar-2007	9.350%	CA - 61.24%	360	01-Nov-2006
3000480307 2	432,000.00	430,071.42	01-Mar-2007	7.500%	IL - 80.00%	360	01-Nov-2006
3000481319 1	270,750.00	268,915.31	01-Jan-2007	9.450%	CA - 95.00%	360	01-Nov-2006
3000482913 2	550,400.00	545,302.37	01-Mar-2007	7.900%	HI - 80.00%	360	01-Nov-2006
3000484390 2	456,000.00	452,655.38	01-Dec-2006	8.650%	FL - 77.29%	360	01-Dec-2006
3000485153 2	398,400.00	395,840.16	01-Mar-2007	9.300%	NY - 80.00%	360	01-Dec-2006
3000488613 2	278,460.00	276,396.94	01-May-2007	8.600%	CT - 90.00%	360	01-Dec-2006
3000489501 1	165,000.00	164,453.73	01-Apr-2007	8.550%	CA - 71.74%	360	01-Nov-2006
3000490343 2	78,200.00	77,707.04	01-Mar-2007	9.800%	OH - 85.00%	360	01-Nov-2006
3000491275 2	512,100.00	511,841.69	01-May-2007	7.390%	CA - 90.00%	360	01-Nov-2006
3000492744 2	336,000.00	336,000.00	01-Mar-2007	7.500%	NJ - 80.00%	360	01-Dec-2006
3000492813 2	248,000.00	246,041.61	01-Mar-2007	8.300%	NJ - 80.00%	360	01-Dec-2006
3000493391 2	217,600.00	216,035.95	01-Apr-2007	8.750%	CT - 80.00%	360	01-Dec-2006
3000493767 2	180,800.00	180,800.00	01-Feb-2007	6.550%	AZ - 80.00%	360	01-Nov-2006
3000497328 1	240,000.00	238,471.27	01-Apr-2007	9.750%	IL - 64.86%	360	01-Nov-2006
3000499638 1	216,000.00	214,595.41	01-Mar-2007	9.650%	CA - 90.00%	360	01-Nov-2006
3000500959 1	117,300.00	116,538.51	01-Jan-2007	9.250%	IL - 85.00%	360	01-Dec-2006
3000501062 1	123,200.00	123,036.98	01-Mar-2007	8.450%	IL - 77.97%	360	01-Dec-2006
3000507171 2	188,800.00	187,207.14	01-Apr-2007	7.950%	IL - 80.00%	360	01-Dec-2006
3000510325 2	520,000.00	519,145.63	01-Dec-2006	8.100%	NY - 80.00%	360	01-Dec-2006
3000512123 2	420,000.00	418,123.89	01-Mar-2007	7.200%	NY - 80.00%	360	01-Dec-2006
3000516445 2	130,500.00	129,617.49	01-Mar-2007	9.050%	IL - 90.00%	360	01-Dec-2006
3000517037 2	256,800.00	254,501.36	01-Apr-2007	7.650%	GA - 80.00%	360	01-Dec-2006
3000521830 2	184,000.00	182,899.97	01-Apr-2007	9.650%	NJ - 80.00%	360	01-Dec-2006
3000524786 1	256,000.00	254,601.38	01-Feb-2007	10.200%	CA - 80.00%	360	01-Dec-2006
3000531525 2	252,800.00	252,303.57	01-Jan-2007	7.400%	FL - 80.00%	360	01-Dec-2006
3000534163 2	252,000.00	251,611.85	01-Mar-2007	8.050%	IL - 80.00%	360	01-Dec-2006
3000537304 1	59,000.00	58,725.84	01-May-2007	10.850%	MI - 100.00%	360	01-Dec-2006
3000538599 2	484,000.00	484,000.00	01-Mar-2007	7.990%	CA - 80.00%	360	01-Dec-2006
3000539497 1	588,000.00	587,284.41	01-Feb-2007	8.670%	NY - 80.00%	360	01-Dec-2006
3000540515 1	409,500.00	407,826.16	01-Apr-2007	11.450%	NY - 65.00%	360	01-Dec-2006
3000546760 1	200,000.00	198,988.36	01-Mar-2007	10.450%	NJ - 74.91%	360	01-Dec-2006


Page 19 of 33

Morgan Stanley ABS Capital I Inc. 2007-HE3



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
November 26, 2007 Distribution

Loan Number	Original	Stated		Current	State &		First
&	Principal	Principal	Paid to	Note	LTV at	Original	Payment
Loan Group	Balance	Balance	Date	Rate	Origination	Term	Date
					Origination
3000550814 2
3000550814 2	364,000.00	363,152.77	01-Feb-2007	7.500%	NV - 80.00%	360	01-Dec-2006

3000551289 2	208,000.00	207,759.23	01-May-2007	8.800%	FL - 80.00%	360	01-Dec-2006
3000554567 2	334,400.00	333,965.69	01-May-2007	8.500%	FL - 80.00%	360	01-Dec-2006
3000558709 2	202,500.00	201,029.72	01-Feb-2007	8.700%	FL - 90.00%	360	01-Dec-2006
3000561895 2	228,000.00	226,132.89	01-May-2007	8.100%	CA - 80.00%	360	01-Dec-2006
3000564752 2	409,033.00	407,305.02	01-Apr-2007	7.400%	IL - 80.00%	360	01-Dec-2006
3000570226 1	317,500.00	317,500.00	01-Apr-2007	6.850%	CA - 89.44%	360	01-Dec-2006
3000570658 2	90,250.00	89,713.22	01-Apr-2007	9.850%	OH - 95.00%	360	01-Dec-2006
3000574402 1	182,750.00	182,334.78	01-May-2007	9.550%	AZ - 85.00%	360	01-Dec-2006
3000579407 2	248,000.00	241,959.96	01-Dec-2006	7.550%	IL - 80.00%	360	01-Dec-2006
3000582355 2	323,200.00	322,349.96	01-Mar-2007	6.600%	IL - 80.00%	360	01-Dec-2006
3000582538 1	166,500.00	166,051.26	01-Apr-2007	8.970%	IL - 90.00%	360	01-Dec-2006
3000593109 2	148,750.00	147,712.84	01-May-2007	8.900%	FL - 85.00%	360	01-Dec-2006
3100280145 1	356,250.00	355,211.93	01-Apr-2007	8.990%	CA - 75.00%	360	01-Nov-2006
3100397009 2	492,000.00	487,443.32	01-Jan-2007	7.900%	NY - 80.00%	360	01-Nov-2006
3100502677 2	168,000.00	167,781.00	01-Apr-2007	8.490%	FL - 80.00%	360	01-Dec-2006
3100523865 2	312,000.00	310,639.85	01-May-2007	7.750%	NY - 80.00%	360	01-Dec-2006
3200430099 2	760,000.00	751,925.48	01-Apr-2007	7.299%	NV - 80.00%	360	01-Nov-2006
5000220786 1	112,000.00	111,582.84	01-Jan-2007	8.900%	IL - 80.00%	360	01-Aug-2006
6000244950 1	357,500.00	357,152.05	01-Feb-2007	12.600%	FL - 65.00%	360	01-Nov-2006
6000246374 2	150,000.00	149,531.20	01-Apr-2007	8.750%	CT - 88.76%	360	01-Nov-2006
6000246539 1	63,200.00	62,833.70	01-Jun-2007	9.800%	IL - 80.00%	360	01-Dec-2006
6000247637 1	220,000.00	218,462.49	01-Feb-2007	9.300%	FL - 80.00%	360	01-Nov-2006
6000247693 2	150,300.00	149,531.65	01-Jun-2007	10.800%	KS - 90.00%	360	01-Nov-2006
6000248605 2	378,250.00	376,676.01	01-Apr-2007	7.750%	NY - 85.00%	360	01-Nov-2006
6000248684 2	244,000.00	241,280.89	01-Feb-2007	6.950%	FL - 80.00%	360	01-Nov-2006
6000248771 1	179,250.00	178,131.56	01-May-2007	9.850%	FL - 75.00%	360	01-Nov-2006
6000249728 1	297,700.00	296,665.76	01-Feb-2007	12.200%	NJ - 65.00%	360	01-Dec-2006
6000249896 2	160,000.00	159,081.52	01-May-2007	10.250%	FL - 80.00%	360	01-Nov-2006
6000250083 2	170,880.00	170,346.00	01-Dec-2006	8.750%	FL - 80.00%	360	01-Nov-2006
6000250355 2	180,000.00	179,622.77	01-Apr-2007	7.450%	FL - 78.26%	360	01-Nov-2006
6000250365 1	256,000.00	254,576.07	01-Dec-2006	10.400%	FL - 80.00%	360	01-Nov-2006
6000250439 1	292,000.00	290,409.67	01-Apr-2007	10.500%	FL - 80.00%	360	01-Nov-2006
6000250442 1	287,000.00	285,608.28	01-Dec-2006	10.650%	NY - 70.00%	360	01-Dec-2006
6000250525 1	260,000.00	258,309.14	01-May-2007	9.650%	NJ - 65.00%	360	01-Nov-2006
6000250630 1	177,300.00	176,147.02	01-Mar-2007	9.650%	MA - 90.00%	360	01-Nov-2006
6000250783 2	234,000.00	233,329.96	01-Feb-2007	9.050%	FL - 90.00%	360	01-Nov-2006
6000250930 2	545,700.00	539,658.00	01-May-2007	6.550%	FL - 85.00%	360	01-Dec-2006
6000251049 1	178,000.00	176,664.04	01-May-2007	8.950%	FL - 80.00%	360	01-Nov-2006
6000251436 2	441,000.00	437,632.47	01-Feb-2007	8.450%	DE - 100.00%	360	01-Dec-2006
6000252324 1	388,000.00	385,058.25	01-Mar-2007	8.900%	PA - 80.00%	360	01-Nov-2006
6000252379 2	280,000.00	277,877.05	01-May-2007	8.900%	FL - 80.00%	360	01-Nov-2006
6000252703 2	516,000.00	514,996.42	01-May-2007	7.650%	NY - 80.00%	360	01-Nov-2006
6000252710 2	524,000.00	519,945.81	01-Mar-2007	8.800%	FL - 80.00%	360	01-Nov-2006
6000252890 2	280,000.00	278,237.34	01-Feb-2007	9.400%	FL - 100.00%	360	01-Nov-2006
6000252953 2	70,200.00	69,730.01	01-Dec-2006	9.100%	NY - 90.00%	360	01-Dec-2006
6000252980 1	240,000.00	238,489.16	01-Feb-2007	9.400%	FL - 69.97%	360	01-Dec-2006


Page 20 of 33

Morgan Stanley ABS Capital I Inc. 2007-HE3



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
November 26, 2007 Distribution

Loan Number	Original	Stated		Current	State &		First
&	Principal	Principal	Paid to	Note	LTV at	Original	Payment
Loan Group	Balance	Balance	Date	Rate	Origination	Term	Date
					Origination
6000253741 2
6000253741 2	213,300.00	211,885.85	01-Jan-2007	9.150%	WI - 90.00%	360	01-Dec-2006

6000253763 1	138,599.00	137,735.40	01-Feb-2007	9.450%	ME - 90.00%	360	01-Dec-2006
6000253765 2	124,000.00	123,053.05	01-Mar-2007	8.450%	FL - 80.00%	360	01-Dec-2006
6000254008 2	120,000.00	119,719.13	01-May-2007	9.450%	FL - 75.00%	360	01-Dec-2006
6000254101 1	159,900.00	158,762.23	01-Apr-2007	8.800%	IL - 100.00%	360	01-Dec-2006
6000254244 2	276,800.00	276,331.58	01-Jan-2007	7.800%	FL - 80.00%	360	01-Dec-2006
6000254336 2	100,170.00	99,583.38	01-Jan-2007	9.750%	FL - 90.00%	360	01-Dec-2006
6000254358 2	315,000.00	312,891.37	01-Mar-2007	9.100%	FL - 70.00%	360	01-Dec-2006
6000254631 1	164,700.00	164,455.66	01-Feb-2007	8.150%	FL - 90.00%	360	01-Dec-2006
6000255044 1	228,800.00	227,473.95	01-Apr-2007	9.800%	RI - 80.00%	360	01-Dec-2006
6000255119 1	205,000.00	204,498.38	01-May-2007	9.300%	FL - 66.78%	360	01-Dec-2006
6000255159 1	388,000.00	386,177.55	01-Feb-2007	10.800%	MA - 59.24%	360	01-Dec-2006
6000255282 2	192,100.00	190,297.46	01-May-2007	7.650%	FL - 85.00%	360	01-Dec-2006
6000255488 2	284,400.00	282,699.74	01-Mar-2007	9.650%	FL - 90.00%	360	01-Dec-2006
6000255596 2	300,000.00	299,452.96	01-Dec-2006	7.600%	NJ - 80.00%	360	01-Dec-2006
6000255896 2	220,000.00	219,591.06	01-Apr-2007	7.600%	FL - 80.00%	360	01-Dec-2006
6000256519 2	560,000.00	555,808.94	01-May-2007	8.550%	FL - 80.00%	360	01-Dec-2006
7000210903 2	648,000.00	646,004.24	01-Apr-2007	8.800%	CA - 90.00%	360	01-Nov-2006
7000213538 1	148,500.00	147,636.76	01-Feb-2007	10.190%	FL - 75.00%	360	01-Nov-2006
7000214266 1	102,400.00	102,122.19	01-Apr-2007	9.500%	FL - 80.00%	360	01-Oct-2006
8000097882 1	211,250.00	210,258.19	01-Feb-2007	11.200%	NJ - 65.00%	360	01-Nov-2006
8000100289 2	608,000.00	601,822.58	01-Jan-2007	7.000%	NY - 80.00%	360	01-Dec-2006
8000101497 1	172,000.00	171,822.61	01-May-2007	9.100%	CT - 80.00%	360	01-Dec-2006
8000101678 2	136,000.00	135,186.92	01-Mar-2007	9.650%	FL - 80.00%	360	01-Dec-2006
8000101735 1	208,250.00	206,911.80	01-Jan-2007	9.300%	NJ - 85.00%	360	01-Dec-2006
8000101746 1	127,000.00	126,569.32	01-Dec-2006	12.700%	NJ - 56.44%	360	01-Nov-2006
8000102612 1	225,000.00	223,885.68	01-Mar-2007	10.550%	PA - 100.00%	360	01-Dec-2006
8000102675 1	85,000.00	84,626.41	01-Feb-2007	11.900%	PA - 51.52%	360	01-Nov-2006
8100098916 1	175,500.00	174,857.35	01-Jan-2007	8.200%	CT - 90.00%	360	01-Nov-2006


TOTAL	57,318,943.00	57,034,301.85


TOTAL	79,643,145.00	79,244,932.24
TOTAL


Page 21 of 33

Morgan Stanley ABS Capital I Inc. 2007-HE3



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
November 26, 2007 Distribution

Prepayment Report

VOLUNTARY PREPAYMENTS
VOLUNTARY PREPAYMENTS

		Group 2	Group 1	Total


Current


Number of Paid in Full Loans	29	28	57
Number of Repurchased Loans	0	0	0
Total Number of Loans Prepaid in Full	29	28	57
Curtailments Amount	(4,999.31)	16,336.51	11,337.20
Paid in Full Balance	5,317,098.52	4,477,931.17	9,795,029.69
Repurchased Loans Balance	0.00	0.00	0.00
Total Prepayment Amount	5,312,099.21	4,494,267.68	9,806,366.89
Cumulative


Number of Paid in Full Loans	245	246	491
Number of Repurchased Loans	0	0	0
Total Number of Loans Prepaid in Full	245	246	491
Paid in Full Balance	47,923,052.88	40,623,133.15	88,546,186.03
Repurchased Loans Balance	0.00	0.00	0.00
Curtailments Amount	152,041.69	144,479.19	296,520.88
Total Prepayment Amount	48,075,094.57	40,767,612.34	88,842,706.91

Page 22 of 33

Morgan Stanley ABS Capital I Inc. 2007-HE3



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
November 26, 2007 Distribution


PREPAYMENTS RATES



		Group 2	Group 1	Total





SMM	1.31%	1.71%	1.46%
3 Months Avg SMM	1.04%	1.42%	1.18%
12 Months Avg SMM	1.04%	1.44%	1.19%
Avg SMM Since Cut-off	1.04%	1.44%	1.19%



CPR	14.65%	18.71%	16.18%
3 Months Avg CPR	11.74%	15.79%	13.27%
12 Months Avg CPR	11.78%	15.97%	13.38%
Avg CPR Since Cut-off	11.78%	15.97%	13.38%



PSA	564.86%	724.37%	624.82%
3 Months Avg PSA Approximation	490.47%	662.46%	555.25%
12 Months Avg PSA Approximation	657.20%	895.85%	747.74%
Avg PSA Since Cut-off Approximation	657.20%	895.84%	747.74%

Page 23 of 33

Morgan Stanley ABS Capital I Inc. 2007-HE3

Mortgage Pass-Through Certificates

November 26, 2007 Distribution

PREPAYMENT CALCULATION METHODOLOGY

Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases + Liquidation Balance)/(Beg Principal Balance - Sched Principal)

Conditional Prepayment Rate (CPR): 1-((1-SMM)^12)

PSA Standard Prepayment Model: CPR/(0.20%*min(30,WAS))

Average SMM over period between nth month and mth month (AvgSMMn,m): 1 - [(1-SMMn)*(1-SMMn+1)*...*(1-SMMm)]^(1/months in period n,m)

Average CPR over period between the nth month and mth month (AvgCPRn,m): 1-((1-AvgSMMn,m)^12)

Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.20%*Avg WASn,m))

Average WASn,m: (min(30,WASn)+min(30,WASn+1)+...+min(30,WASm)/(number of months in the period n,m)

Weighted Average Seasoning (WAS)

Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments and repurchases.

Dates correspond to distribution dates.

Page 24 of 33

Morgan Stanley ABS Capital I Inc. 2007-HE3



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
November 26, 2007 Distribution

Prepayment Detail Report

Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution


Loan Number		Original			Current	State &	Type Prepayment	First


&	Loan	Principal	Prepayment	Prepayment	Note	LTV at	&	Payment

Loan Group	Status	Balance	Amount	Date	Rate	Origination	Original Term	Date

1007629195 1		22,400.00	22,153.25	15-Nov-2007	8.460%	TN - 20.00%	Paid Off - 360	01-Jun-2006
1007629195 1		22,400.00	22,153.25	15-Nov-2007	8.460%	TN - 20.00%	Paid Off - 360	01-Jun-2006
1008355914 1		240,000.00	239,386.41	02-Nov-2007	9.700%	CA - 80.00%	Paid Off - 360	01-Sep-2006
1008910976 2		96,000.00	94,819.12	01-Nov-2007	7.600%	TX - 80.00%	Paid Off - 360	01-Sep-2006
1009187373 1		68,400.00	67,758.05	15-Nov-2007	8.225%	OH - 90.00%	Paid Off - 360	01-Sep-2006
1009420860 2		78,400.00	78,300.52	18-Oct-2007	11.750%	GA - 80.00%	Paid Off - 360	01-Oct-2006
1009481964 2		999,999.00	999,998.96	17-Oct-2007	7.775%	FL - 50.00%	Paid Off - 360	01-Oct-2006
1009530858 1		136,000.00	135,902.51	01-Nov-2007	9.600%	ID - 84.47%	Paid Off - 360	01-Oct-2006
1009540268 2		108,000.00	106,835.85	02-Nov-2007	8.325%	TX - 80.00%	Paid Off - 360	01-Nov-2006
1009576719 1		97,560.00	97,294.51	01-Nov-2007	9.225%	GA - 72.00%	Paid Off - 360	01-Oct-2006
1009592407 2		192,000.00	190,747.20	29-Oct-2007	9.225%	IL - 80.00%	Paid Off - 360	01-Nov-2006
1009668246 2		360,000.00	357,412.29	30-Oct-2007	8.750%	NY - 79.12%	Paid Off - 360	01-Nov-2006
1009795876 2		92,800.00	92,277.77	31-Oct-2007	9.950%	AL - 80.00%	Paid Off - 360	01-Nov-2006
1009837171 2		57,600.00	57,385.15	06-Nov-2007	11.875%	PA - 90.00%	Paid Off - 360	01-Nov-2006
1009880195 1		68,000.00	67,400.18	30-Oct-2007	7.725%	SC - 79.07%	Paid Off - 360	01-Nov-2006
1009963471 2		130,150.00	129,625.77	05-Nov-2007	7.600%	VA - 95.00%	Paid Off - 360	01-Nov-2006
1009975663 1		175,500.00	175,500.00	13-Nov-2007	8.900%	CT - 90.00%	Paid Off - 360	01-Nov-2006
3000319491 2		104,550.00	103,835.76	22-Oct-2007	9.000%	WI - 85.00%	Paid Off - 360	01-Nov-2006
3000354348 1		66,000.00	65,836.88	24-Oct-2007	9.550%	WI - 86.84%	Paid Off - 360	01-Oct-2006
3000402563 1		391,000.00	389,049.43	22-Oct-2007	6.800%	CA - 67.41%	Paid Off - 360	01-Nov-2006
3000423999 1		150,150.00	149,207.44	14-Nov-2007	5.950%	AZ - 65.00%	Paid Off - 360	01-Nov-2006
3000428803 1		94,000.00	93,852.44	23-Oct-2007	8.000%	NM - 80.00%	Paid Off - 360	01-Nov-2006
3000428949 1		18,500.00	17,965.58	23-Oct-2007	10.550%	NM - 15.74%	Paid Off - 180	01-Nov-2006
3000439383 1		91,000.00	90,504.64	31-Oct-2007	10.100%	IL - 100.00%	Paid Off - 360	01-Nov-2006
3000447840 2		150,000.00	149,377.34	07-Nov-2007	10.950%	MD - 64.66%	Paid Off - 360	01-Dec-2006
3000450107 1		169,600.00	169,305.86	23-Oct-2007	7.800%	RI - 80.00%	Paid Off - 360	01-Nov-2006
3000450287 1		42,400.00	42,227.69	23-Oct-2007	11.475%	RI - 20.00%	Paid Off - 360	01-Nov-2006
3000471909 2		452,000.00	448,375.32	29-Oct-2007	7.750%	NY - 80.00%	Paid Off - 360	01-Dec-2006
3000481397 2		118,400.00	117,430.33	16-Oct-2007	8.100%	PA - 80.00%	Paid Off - 360	01-Nov-2006
3000482467 2		29,600.00	29,453.41	16-Oct-2007	10.550%	PA - 20.00%	Paid Off - 360	01-Nov-2006
3000482606 2		259,250.00	258,699.42	07-Nov-2007	7.650%	MD - 85.00%	Paid Off - 360	01-Nov-2006
3000484061 2		15,250.00	14,888.05	07-Nov-2007	13.050%	MD - 5.00%	Paid Off - 180	01-Nov-2006
3000524548 2		340,000.00	339,253.41	14-Nov-2007	6.850%	NY - 64.76%	Paid Off - 360	01-Dec-2006
3000525311 1		124,000.00	123,309.31	30-Oct-2007	9.990%	FL - 80.00%	Paid Off - 360	01-Nov-2006
3000526334 2		256,800.00	256,355.98	02-Nov-2007	7.500%	AZ - 80.00%	Paid Off - 360	01-Dec-2006
3000527803 2		64,200.00	63,906.79	02-Nov-2007	10.500%	AZ - 20.00%	Paid Off - 360	01-Dec-2006
3000529144 2		307,500.00	304,911.04	17-Oct-2007	7.550%	NJ - 75.00%	Paid Off - 360	01-Dec-2006
3000533709 1		160,000.00	158,907.58	18-Oct-2007	8.650%	MD - 59.93%	Paid Off - 360	01-Dec-2006
3000537952 2		126,000.00	124,950.55	05-Nov-2007	9.990%	SC - 100.00%	Paid Off - 360	01-Dec-2006
3000596055 1		140,000.00	139,873.13	18-Oct-2007	9.200%	CA - 57.14%	Paid Off - 360	01-Dec-2006
3000602894 2		153,000.00	146,713.78	16-Oct-2007	7.270%	WI - 90.00%	Paid Off - 360	01-Dec-2006


Page 25 of 33

Morgan Stanley ABS Capital I Inc. 2007-HE3



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
November 26, 2007 Distribution


Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution


Loan Number		Original			Current	State &	Type Prepayment	First


&	Loan	Principal	Prepayment	Prepayment	Note	LTV at	&	Payment

Loan Group	Status	Balance	Amount	Date	Rate	Origination	Original Term	Date

3000604681 2		175,000.00	173,690.73	01-Nov-2007	8.100%	NJ - 70.00%	Paid Off - 360	01-Dec-2006
3000604681 2		175,000.00	173,690.73	01-Nov-2007	8.100%	NJ - 70.00%	Paid Off - 360	01-Dec-2006
3000629522 1		193,000.00	191,666.34	08-Nov-2007	8.500%	IL - 100.00%	Paid Off - 360	01-Dec-2006
5000227492 1		96,000.00	93,913.35	06-Nov-2007	7.850%	TX - 73.28%	Paid Off - 360	01-Nov-2006
6000244051 2		75,000.00	74,709.19	05-Nov-2007	8.000%	FL - 18.99%	Paid Off - 360	01-Oct-2006
6000246744 2		183,750.00	182,982.59	15-Nov-2007	11.350%	MD - 75.00%	Paid Off - 360	01-Nov-2006
6000249491 2		112,000.00	111,563.93	14-Nov-2007	11.250%	MD - 70.00%	Paid Off - 360	01-Dec-2006
6000249881 2		131,250.00	130,934.17	22-Oct-2007	10.550%	FL - 75.00%	Paid Off - 360	01-Nov-2006
6000251199 1		130,900.00	130,133.41	31-Oct-2007	9.750%	MD - 85.00%	Paid Off - 360	01-Nov-2006
6000251854 1		165,500.00	164,033.04	29-Oct-2007	7.700%	NC - 87.29%	Paid Off - 360	01-Nov-2006
6000252516 2		113,525.00	112,898.86	16-Oct-2007	9.600%	NC - 95.00%	Paid Off - 360	01-Dec-2006
6000252677 1		300,000.00	297,950.39	24-Oct-2007	9.000%	MD - 79.37%	Paid Off - 360	01-Nov-2006
6000254429 1		325,000.00	322,262.31	01-Nov-2007	7.500%	NY - 56.03%	Paid Off - 360	01-Dec-2006
6000255078 1		150,000.00	149,674.62	08-Nov-2007	9.400%	GA - 94.34%	Paid Off - 360	01-Dec-2006
7000215224 1		190,000.00	189,151.48	02-Nov-2007	11.700%	AZ - 61.29%	Paid Off - 360	01-Nov-2006
8000100489 1		356,000.00	353,441.08	12-Nov-2007	8.750%	NJ - 94.93%	Paid Off - 360	01-Nov-2006
8000101226 1		342,000.00	340,270.26	15-Nov-2007	6.750%	NY - 62.18%	Paid Off - 360	01-Nov-2006
8000102363 2		65,000.00	64,765.24	23-Oct-2007	8.100%	MO - 73.03%	Paid Off - 360	01-Nov-2006


TOTAL	9,849,934.00	9,795,029.69

Page 26 of 33

Morgan Stanley ABS Capital I Inc. 2007-HE3



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
November 26, 2007 Distribution

Realized Loss Report

COLLATERAL REALIZED LOSSES



	Group 2	Group 1	Total


Current





Subsequent Recoveries	0.00	0.00	0.00
Number of Loans Liquidated	13	4	17
Collateral Principal Realized Loss/(Gain) Amount	1,066,622.37	322,286.01	1,388,908.38
Collateral Interest Realized Loss/(Gain) Amount	82,432.68	10,703.83	93,136.51
Net Liquidation Proceeds	445,348.61	505,798.98	951,147.59
Cumulative
Cumulative



Number of Loans Liquidated	25	12	37
Collateral Realized Loss/(Gain) Amount	2,075,063.29	540,838.72	2,615,902.01
Net Liquidation Proceeds	1,170,243.96	1,467,050.62	2,637,294.58
Cumulative Subsequent Recoveries	0.00	0.00	0.00

Page 27 of 33

Morgan Stanley ABS Capital I Inc. 2007-HE3



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
November 26, 2007 Distribution


DEFAULT SPEEDS

	Group 2	Group 1	Total




MDR	0.30%	0.27%	0.29%
3 Months Avg MDR	0.16%	0.14%	0.15%
12 Months Avg MDR	0.07%	0.07%	0.07%
Avg MDR Since Cut-off	0.07%	0.07%	0.07%


CDR	3.57%	3.18%	3.43%
3 Months Avg CDR	1.87%	1.72%	1.81%
12 Months Avg CDR	0.81%	0.84%	0.82%
Avg CDR Since Cut-off	0.81%	0.84%	0.82%


SDA	1,377.11%	1,231.68%	1,323.25%
3 Months Avg SDA Approximation	782.07%	720.83%	759.41%
12 Months Avg SDA Approximation	451.47%	469.12%	458.24%
Avg SDA Since Cut-off Approximation	451.49%	469.14%	458.25%


Loss Severity Approximation for Current Period	66.90%	38.42%	57.08%
3 Months Avg Loss Severity Approximation	69.47%	30.49%	55.72%
12 Months Avg Loss Severity Approximation	59.98%	26.03%	47.01%
Avg Loss Severity Approximation Since Cut-off	59.98%	26.03%	47.01%

Page 28 of 33

Morgan Stanley ABS Capital I Inc. 2007-HE3

Mortgage Pass-Through Certificates

November 26, 2007 Distribution

COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY

Monthly Default Rate (MDR): (Beg Principal Balance of Liquidated Loans)/(Total Beg Principal Balance)

Conditional Default Rate (CDR): 1-((1-MDR)^12)

SDA Standard Default Assumption: CDR/IF(WAS<61,MIN(30,WAS)*0.02%,MAX(0.03%,MIN(30,WAS)*0.02%-0.0095%*(WAS-60)))

Average MDR over period between nth month and mth month (AvgMDRn,m): [(1-MDRn)*(1-MDRn+1)*...*(1-MDRm)]^(1/months in period n,m)

Average CDR over period between the nth month and mth month (AvgCDRn,m): 1-((1-AvgMDRn,m)^12)

Average SDA Approximation over period between the nth month and mth month:

AvgCDRn,m/IF(Avg WASn,m<61,MIN(30,Avg WASn,m)*0.02%,MAX(0.03%,MIN(30,Avg WASn,m)*0.02%-0.0095%*(Avg WASn,m-60)))

Average WASn,m: (WASn + WASn+1 +...+ WASm )/(number of months in the period n,m)

Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)

Average Loss Severity Approximation over period between nth month and mth month: Avg(Loss Severityn,m)

Note: Default rates are calculated since deal issue date and include realized gains and additional realized losses and gains from prior periods.

Dates correspond to distribution dates.

Charged off or Partially Charged off Loans assumed to have a minimum 100% Loss Severity Percentage.

Page 29 of 33

Morgan Stanley ABS Capital I Inc. 2007-HE3



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
November 26, 2007 Distribution

Realized Loss Detail Report
Loan Number	Current	State &		Prior	Realized		Cumulative
							Cumulative
&	Loan	Note	LTV at	Original	Principal	Loss/(Gain)	Realized	Realized

Loan Group	Status	Rate	Origination	Term	Balance	Revision	Loss/(Gain)	Loss/(Gain)
Loan Group	Status	Rate	Origination	Term	Balance	Revision	Loss/(Gain)	Loss/(Gain)
1009272066 1
1009272066 1		8.600%	CA - 95.00%	360	411,887.20		130,912.01	130,912.01

3000454533 1		11.725%	CA - 20.00%	360	43,830.48		48,007.07	48,007.07
3000455512 1		10.500%	MD - 90.00%	360	325,243.18		89,715.56	89,715.56
3000495360 1		12.500%	AZ - 20.00%	360	57,827.96		63,536.20	63,536.20
1008339808 1		MO - 80.00%	360		Revision	819.00	819.00
1009563581 2		11.750%	CA - 20.00%	360	107,658.52		114,517.04	114,517.04
1009574739 2		9.550%	WA - 90.00%	360	278,310.34		36,991.01	36,991.01
3000434344 2		11.725%	CO - 20.00%	360	56,937.89		61,552.15	61,552.15
3000445928 2		11.750%	AZ - 19.87%	360	30,183.94		32,740.33	32,740.33
3000452951 2		10.550%	CA - 20.00%	360	179,108.60		194,307.13	194,307.13
3000467685 2		12.325%	VA - 20.00%	360	122,620.82		130,321.53	130,321.53
3000474489 2		11.025%	CA - 20.00%	360	194,126.87		211,339.88	211,339.88
3000483867 2		12.575%	CA - 20.00%	360	79,743.05		87,631.18	87,631.18
3000499499 2		14.100%	UT - 5.00%	180	13,251.00		14,040.18	14,040.18
3000504350 2		11.325%	CA - 20.00%	360	66,121.22		72,195.48	72,195.48
3000512759 2		11.725%	CO - 19.92%	120	48,136.70		53,002.42	53,002.42
3000516230 2		10.950%	CA - 20.00%	360	102,572.48		110,411.45	110,411.45
6000252086 2		8.550%	MD - 80.00%	360	315,632.23		29,170.27	29,170.27
1009303504 2		TX - 90.00%	360		Revision	835.00	835.00


TOTAL				2,433,192.48	1,482,044.89	1,482,044.89



Page 30 of 33

Morgan Stanley ABS Capital I Inc. 2007-HE3

Mortgage Pass-Through Certificates

November 26, 2007 Distribution

Triggers and Adj. Cert. Report

TRIGGER EVENTS

Group 2

Group 1

Total

Has the Stepdown Date Occurred?

Does the Trigger Event Exist?

Yes

(A Trigger Event Exists if either (i) or (ii) are true)

(i) The quotient of ( (A) > (B) )

. (A) 60+ Day Delinquency % (1) / (2)

15.942186%

. (1) 60+ Day Rolling Delinquency Balance

131,684,045.91

. (2) Stated Principal Balance

826,009,982.72

. (B) 33.33% of Senior Enhancement %

8.807676%

(ii) The quotient of ( (A) > (B) )

(Into effect after Feb 2009)

. (A) Cumulative Loss % (1) / (2)

0.283301%

. (1) Aggregate Cumulative Realized Loss

2,615,902.01

. (2) Cutoff Date Pool Principal Balance

923,364,098.00

. (B) Applicable Loss %

100.000000%

ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK

ADDITIONAL INFORMATION

Group 2

Group 1

Total

Current LIBOR Rate

4.872500%

Libor Rate Determination Date

10/23/2007

Next LIBOR Rate

4.788750%

Next Libor Rate Determination Date

11/22/2007

Current Swap LIBOR Rate

4.872500%

Page 31 of 33

Morgan Stanley ABS Capital I Inc. 2007-HE3



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
November 26, 2007 Distribution

Additional Certificate Report

ADDITIONAL CERTIFICATE REPORT

		NET WAC Shortfall Prior (1)	Int on Prior SF (2)	Curr NET WAC SF (3)	Total NET WAC SF (1+2+3)	NET WAC Shortfall Paid	NET WAC Shortfall UnPaid


CLASS
	A-1	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	A-2a	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	A-2b	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	A-2c	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	A-2d	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	M-1	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	M-2	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	M-3	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	M-4	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	M-5	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	M-6	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	B-1	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	B-2	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
	B-3	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00




Page 32 of 33

Morgan Stanley ABS Capital I Inc. 2007-HE3



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
November 26, 2007 Distribution

Other Related Information
ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
	Group 2	Group 1	Total
Current Scheduled Payments	3,893,704.73	2,349,360.90	6,243,065.63
Current Scheduled Payments 1 Month Prior	3,942,692.44	2,391,209.75	6,333,902.19
Current Scheduled Payments 2 Month Prior	3,975,709.91	2,415,505.90	6,391,215.81
Current Scheduled Payments 3 Month Prior	4,031,456.74	2,456,266.84	6,487,723.58
Current Scheduled Payments 4 Month Prior	4,076,925.95	2,499,122.03	6,576,047.98
Current Scheduled Payments 5 Month Prior	4,121,744.71	2,537,932.32	6,659,677.03
Current Scheduled Payments 6 Month Prior	4,164,863.74	2,579,573.82	6,744,437.56
Current Scheduled Payments 7 Month Prior	4,212,730.09	2,615,433.08	6,828,163.17
Current Scheduled Payments 8 Month Prior	4,256,799.48	2,650,827.70	6,907,627.18
Current Scheduled Payments 9 Month Prior	0.00	0.00	0.00
Current Scheduled Payments 10 Month Prior	0.00	0.00	0.00
Current Scheduled Payments 11 Month Prior	0.00	0.00	0.00





Sched. Payments for 60+Day Delinquent Loans	790,123.52	383,949.39	1,174,072.90
Sched. Pmts - 60+Day Delinquent Loans, 1 Month Prior	0.00	0.00	1,042,599.93
Sched. Pmts - 60+Day Delinquent Loans, 2 Month Prior	0.00	0.00	905,744.23
Sched. Pmts - 60+Day Delinquent Loans, 3 Month Prior	0.00	0.00	746,035.56
Sched. Pmts - 60+Day Delinquent Loans, 4 Month Prior	0.00	0.00	604,212.05
Sched. Pmts - 60+Day Delinquent Loans, 5 Month Prior	0.00	0.00	0.00
Sched. Pmts - 60+Day Delinquent Loans, 6 Month Prior	0.00	0.00	0.00
Sched. Pmts - 60+Day Delinquent Loans, 7 Month Prior	0.00	0.00	0.00
Sched. Pmts - 60+Day Delinquent Loans, 8 Month Prior	0.00	0.00	0.00
Sched. Pmts - 60+Day Delinquent Loans, 9 Month Prior	0.00	0.00	0.00
Sched. Pmts - 60+Day Delinquent Loans, 10 Month Prior	0.00	0.00	0.00
Sched. Pmts - 60+Day Delinquent Loans, 11 Month Prior	0.00	0.00	0.00





Page 33 of 33

Morgan Stanley ABS Capital I Inc. Trust 2007-HE3 10-D