| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 9/1/2006 |
| |
| Performance Summary | |
| Current Pool Factor | 26.14% |
| |
| Delinquency Status (*) | |
| 30+ Days | 7.86% |
| 60+ Days | 3.71% |
| 90+ Days | 1.48% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.18% |
| Foreclosure | 4.51% |
| REO | 3.09% |
| |
| Cumulative Net Loss | 0.39% |
| Loss Severity | 36.58% |
| |
| Prepayment Experience | |
| 1mo CPR | 65.71% |
| 3mo CPR | 66.82% |
| 6mo CPR | 64.55% |
| 9mo CPR | 57.77% |
| 12mo CPR | 54.97% |
| Life CPR | 46.92% |
|