| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 9/1/2007 |
| |
| Performance Summary | |
| Current Pool Factor | 15.66% |
| |
| Delinquency Status (*) | |
| 30+ Days | 8.40% |
| 60+ Days | 3.48% |
| 90+ Days | 1.75% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.59% |
| Foreclosure | 5.15% |
| REO | 5.68% |
| |
| Cumulative Net Loss | 1.13% |
| Loss Severity | 57.05% |
| |
| Prepayment Experience | |
| 1mo CPR | 36.16% |
| 3mo CPR | 37.76% |
| 6mo CPR | 37.92% |
| 9mo CPR | 38.41% |
| 12mo CPR | 39.52% |
| Life CPR | 44.64% |
|