| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 10/1/2006 |
| |
| Performance Summary | |
| Current Pool Factor | 24.81% |
| |
| Delinquency Status (*) | |
| 30+ Days | 7.98% |
| 60+ Days | 3.79% |
| 90+ Days | 2.04% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.30% |
| Foreclosure | 5.19% |
| REO | 3.33% |
| |
| Cumulative Net Loss | 0.42% |
| Loss Severity | 27.50% |
| |
| Prepayment Experience | |
| 1mo CPR | 46.13% |
| 3mo CPR | 59.15% |
| 6mo CPR | 64.13% |
| 9mo CPR | 58.01% |
| 12mo CPR | 54.74% |
| Life CPR | 46.89% |
|