| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 1/1/2007 |
| |
| Performance Summary | |
| Current Pool Factor | 21.65% |
| |
| Delinquency Status (*) | |
| 30+ Days | 8.12% |
| 60+ Days | 3.38% |
| 90+ Days | 1.96% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.44% |
| Foreclosure | 6.98% |
| REO | 4.82% |
| |
| Cumulative Net Loss | 0.51% |
| Loss Severity | 41.83% |
| |
| Prepayment Experience | |
| 1mo CPR | 42.66% |
| 3mo CPR | 41.36% |
| 6mo CPR | 51.07% |
| 9mo CPR | 57.77% |
| 12mo CPR | 54.37% |
| Life CPR | 46.35% |
|