| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 3/1/2006 |
| |
| Performance Summary | |
| Current Pool Factor | 44.12% |
| |
| Delinquency Status (*) | |
| 30+ Days | 5.96% |
| 60+ Days | 2.97% |
| 90+ Days | 1.20% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 2.64% |
| Foreclosure | 3.01% |
| REO | 1.27% |
| |
| Cumulative Net Loss | 0.16% |
| Loss Severity | 21.52% |
| |
| Prepayment Experience | |
| 1mo CPR | 38.01% |
| 3mo CPR | 40.07% |
| 6mo CPR | 42.81% |
| 9mo CPR | 46.33% |
| 12mo CPR | 45.62% |
| Life CPR | 39.70% |
|