| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 7/1/2005 |
| |
| Performance Summary | |
| Current Pool Factor | 66.81% |
| |
| Delinquency Status (*) | |
| 30+ Days | 2.92% |
| 60+ Days | 0.65% |
| 90+ Days | 0.27% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 1.21% |
| Foreclosure | 2.00% |
| REO | 0.49% |
| |
| Cumulative Net Loss | 0.04% |
| Loss Severity | 42.67% |
| |
| Prepayment Experience | |
| 1mo CPR | 51.04% |
| 3mo CPR | 45.15% |
| 6mo CPR | 41.38% |
| 9mo CPR | 38.47% |
| Life CPR | 34.90% |
|