| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 3/1/2005 |
| |
| Performance Summary | |
| Current Pool Factor | 82.06% |
| |
| Delinquency Status (*) | |
| 30+ Days | 2.75% |
| 60+ Days | 0.79% |
| 90+ Days | 0.30% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 0.69% |
| Foreclosure | 1.66% |
| REO | 0.15% |
| |
| Cumulative Net Loss | 0.01% |
| Loss Severity | 15.54% |
| |
| Prepayment Experience | |
| 1mo CPR | 34.68% |
| 3mo CPR | 34.92% |
| 6mo CPR | 30.20% |
| Life CPR | 28.00% |
|