| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 9/1/2005 |
| |
| Performance Summary | |
| Current Pool Factor | 58.69% |
| |
| Delinquency Status (*) | |
| 30+ Days | 4.16% |
| 60+ Days | 1.20% |
| 90+ Days | 0.36% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 1.36% |
| Foreclosure | 2.47% |
| REO | 0.56% |
| |
| Cumulative Net Loss | 0.07% |
| Loss Severity | 24.31% |
| |
| Prepayment Experience | |
| 1mo CPR | 54.26% |
| 3mo CPR | 52.73% |
| 6mo CPR | 48.28% |
| 9mo CPR | 44.16% |
| 12mo CPR | 39.91% |
| Life CPR | 38.20% |
|