| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE5 |
| Closing Date | 7/27/2004 |
| Collateral Factor Date | 1/1/2012 |
| |
| Performance Summary | |
| Current Pool Factor | 8.58% |
| |
| Delinquency Status (*) | |
| 30+ Days | 8.19% |
| 60+ Days | 3.93% |
| 90+ Days | 3.37% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.93% |
| Foreclosure | 11.10% |
| REO | 2.83% |
| |
| Cumulative Net Loss | 2.83% |
| Loss Severity | 97.76% |
| |
| Prepayment Experience | |
| 1mo CPR | 1.85% |
| 3mo CPR | 9.50% |
| 6mo CPR | 8.68% |
| 9mo CPR | 7.50% |
| 12mo CPR | 7.46% |
| Life CPR | 27.00% |
|