<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM T-1
Statement of Eligibility and Qualification Under the
Trust Indenture Act of 1939 of a Corporation
Designated to Act as Trustee
__X__Check if an application to determine eligibility
of a trustee pursuant to section 305(b)(2)
BANKERS TRUST COMPANY OF CALIFORNIA, N.A.
(Exact name of trustee as specified in its charter)
300 SOUTH GRAND AVENUE
LOS ANGELES, CALIFORNIA 90071 13-3347003
(Address of principal (I.R.S. Employer
executive offices) Identification No.)
MORGAN STANLEY ABS CAPITAL I TRUST 2000-1
(Exact name of obligor as specified in its charter)
DELAWARE 13-3939229
(State or other jurisdiction of (I.R.S. Employer
Incorporation or organization) Identification No.)
1585 Broadway
New York, NY 10036
(Address of principal executive offices) (Zip Code)
MORTGAGE LOAN ASSET-BACKED NOTES, SERIES 2000-1
(Title of the Indenture Securities)
<PAGE>
Item 1. General Information.
Furnish the following information as to the trustee:
(a) Name and address of each examining or supervising authority to which it
is subject.
NAME ADDRESS
Office of the Comptroller 1114 Avenue of the
of the Currency Americas, Suite 3900
New York, New York 10036
(b) Whether it is authorized to exercise corporate trust powers.
Yes.
Item 2. Affiliations with Obligor
If the obligor is an affiliate of the trustee, describe each such affiliation.
None.
Item 16. List of Exhibits
Exhibit 1 -
Articles of Association as amended on July 29, 1994.
Exhibit 2 -
Certificate of the Comptroller of the Currency dated April 6, 2000.
Exhibit 3 -
Certification of Fiduciary Powers dated April 6, 2000.
Exhibit 4 -
Existing By-Laws of Bankers Trust Company of California, N.A. as amended
dated November 18, 1998.
Exhibit 5 -
Not Applicable.
Exhibit 6 -
Consent of Bankers Trust Company of California, N.A. required by Section
321(b) of the Act.
Exhibit 7 -
Reports of Condition of Bankers Trust Company of California, N.A., dated as of
March 31, 2000.
<PAGE>
SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939 the
trustee, Bankers Trust Company of California, N.A., a national banking
association, organized and existing under the laws of the United States, has
duly caused this statement of eligibility to be signed on its behalf by the
undersigned, thereunto duly authorized, all in the city of Santa Ana, and State
of California, on the 27th day of June, 2000.
Bankers Trust Company of California, N.A.
By: /s/ Hermi Alignay
Hermi Alignay
Assistant Secretary
