| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 10/1/2005 |
| |
| Performance Summary | |
| Current Pool Factor | 55.39% |
| |
| Delinquency Status (*) | |
| 30+ Days | 4.11% |
| 60+ Days | 1.13% |
| 90+ Days | 0.44% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 1.51% |
| Foreclosure | 3.00% |
| REO | 0.72% |
| |
| Cumulative Net Loss | 0.07% |
| Loss Severity | 30.30% |
| |
| Prepayment Experience | |
| 1mo CPR | 49.46% |
| 3mo CPR | 52.22% |
| 6mo CPR | 48.81% |
| 9mo CPR | 45.24% |
| 12mo CPR | 42.24% |
| Life CPR | 39.08% |
|