| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 6/1/2007 |
| |
| Performance Summary | |
| Current Pool Factor | 17.68% |
| |
| Delinquency Status (*) | |
| 30+ Days | 7.89% |
| 60+ Days | 3.34% |
| 90+ Days | 1.75% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.02% |
| Foreclosure | 4.80% |
| REO | 6.29% |
| |
| Cumulative Net Loss | 0.84% |
| Loss Severity | 42.36% |
| |
| Prepayment Experience | |
| 1mo CPR | 42.22% |
| 3mo CPR | 38.01% |
| 6mo CPR | 38.70% |
| 9mo CPR | 40.05% |
| 12mo CPR | 48.29% |
| Life CPR | 45.20% |
|