| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 1/1/2006 |
| |
| Performance Summary | |
| Current Pool Factor | 47.92% |
| |
| Delinquency Status (*) | |
| 30+ Days | 5.62% |
| 60+ Days | 2.16% |
| 90+ Days | 0.73% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 2.67% |
| Foreclosure | 3.16% |
| REO | 1.03% |
| |
| Cumulative Net Loss | 0.14% |
| Loss Severity | 30.85% |
| |
| Prepayment Experience | |
| 1mo CPR | 43.37% |
| 3mo CPR | 43.32% |
| 6mo CPR | 47.96% |
| 9mo CPR | 47.05% |
| 12mo CPR | 44.77% |
| Life CPR | 39.85% |
|