| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 6/1/2005 |
| |
| Performance Summary | |
| Current Pool Factor | 70.98% |
| |
| Delinquency Status (*) | |
| 30+ Days | 3.18% |
| 60+ Days | 1.13% |
| 90+ Days | 0.32% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 1.07% |
| Foreclosure | 1.63% |
| REO | 0.40% |
| |
| Cumulative Net Loss | 0.02% |
| Loss Severity | 48.29% |
| |
| Prepayment Experience | |
| 1mo CPR | 44.03% |
| 3mo CPR | 43.41% |
| 6mo CPR | 39.31% |
| 9mo CPR | 34.91% |
| Life CPR | 33.02% |
|