| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 5/1/2005 |
| |
| Performance Summary | |
| Current Pool Factor | 74.56% |
| |
| Delinquency Status (*) | |
| 30+ Days | 3.07% |
| 60+ Days | 1.03% |
| 90+ Days | 0.70% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 0.88% |
| Foreclosure | 1.57% |
| REO | 0.35% |
| |
| Cumulative Net Loss | 0.01% |
| Loss Severity | 3.13% |
| |
| Prepayment Experience | |
| 1mo CPR | 39.79% |
| 3mo CPR | 40.42% |
| 6mo CPR | 37.26% |
| Life CPR | 31.67% |
|