| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 8/1/2007 |
| |
| Performance Summary | |
| Current Pool Factor | 16.27% |
| |
| Delinquency Status (*) | |
| 30+ Days | 8.54% |
| 60+ Days | 3.40% |
| 90+ Days | 1.56% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.47% |
| Foreclosure | 5.19% |
| REO | 5.62% |
| |
| Cumulative Net Loss | 1.02% |
| Loss Severity | 42.04% |
| |
| Prepayment Experience | |
| 1mo CPR | 38.57% |
| 3mo CPR | 39.82% |
| 6mo CPR | 37.78% |
| 9mo CPR | 38.92% |
| 12mo CPR | 42.57% |
| Life CPR | 44.86% |
|