| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE2 |
| Closing Date | 4/29/2004 |
| Collateral Factor Date | 1/1/2012 |
| |
| Performance Summary | |
| Current Pool Factor | 6.46% |
| |
| Delinquency Status (*) | |
| 30+ Days | 9.80% |
| 60+ Days | 7.12% |
| 90+ Days | 5.65% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.43% |
| Foreclosure | 14.75% |
| REO | 2.99% |
| |
| Cumulative Net Loss | 2.00% |
| Loss Severity | 58.12% |
| |
| Prepayment Experience | |
| 1mo CPR | 7.06% |
| 3mo CPR | 9.02% |
| 6mo CPR | 7.73% |
| 9mo CPR | 8.05% |
| 12mo CPR | 7.35% |
| Life CPR | 28.85% |
|