| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 5/1/2006 |
| |
| Performance Summary | |
| Current Pool Factor | 38.81% |
| |
| Delinquency Status (*) | |
| 30+ Days | 6.76% |
| 60+ Days | 3.65% |
| 90+ Days | 1.94% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 2.56% |
| Foreclosure | 2.80% |
| REO | 1.72% |
| |
| Cumulative Net Loss | 0.24% |
| Loss Severity | 38.81% |
| |
| Prepayment Experience | |
| 1mo CPR | 56.18% |
| 3mo CPR | 48.55% |
| 6mo CPR | 44.96% |
| 9mo CPR | 46.63% |
| 12mo CPR | 47.35% |
| Life CPR | 41.13% |
|