| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 4/1/2007 |
| |
| Performance Summary | |
| Current Pool Factor | 19.22% |
| |
| Delinquency Status (*) | |
| 30+ Days | 6.14% |
| 60+ Days | 3.10% |
| 90+ Days | 1.66% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.74% |
| Foreclosure | 6.28% |
| REO | 5.78% |
| |
| Cumulative Net Loss | 0.70% |
| Loss Severity | 42.13% |
| |
| Prepayment Experience | |
| 1mo CPR | 36.22% |
| 3mo CPR | 37.20% |
| 6mo CPR | 39.34% |
| 9mo CPR | 46.85% |
| 12mo CPR | 53.39% |
| Life CPR | 45.57% |
|