| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 8/1/2005 |
| |
| Performance Summary | |
| Current Pool Factor | 62.70% |
| |
| Delinquency Status (*) | |
| 30+ Days | 3.83% |
| 60+ Days | 0.99% |
| 90+ Days | 0.31% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 1.38% |
| Foreclosure | 2.10% |
| REO | 0.51% |
| |
| Cumulative Net Loss | 0.05% |
| Loss Severity | 18.14% |
| |
| Prepayment Experience | |
| 1mo CPR | 52.82% |
| 3mo CPR | 49.44% |
| 6mo CPR | 45.11% |
| 9mo CPR | 41.61% |
| Life CPR | 36.63% |
|