| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE4 |
| Closing Date | 6/29/2004 |
| Collateral Factor Date | 1/1/2012 |
| |
| Performance Summary | |
| Current Pool Factor | 9.13% |
| |
| Delinquency Status (*) | |
| 30+ Days | 12.26% |
| 60+ Days | 8.92% |
| 90+ Days | 7.98% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 6.53% |
| Foreclosure | 14.46% |
| REO | 2.40% |
| |
| Cumulative Net Loss | 2.98% |
| Loss Severity | 93.77% |
| |
| Prepayment Experience | |
| 1mo CPR | 4.10% |
| 3mo CPR | 7.12% |
| 6mo CPR | 6.14% |
| 9mo CPR | 6.15% |
| 12mo CPR | 6.06% |
| Life CPR | 26.08% |
|