| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 10/1/2007 |
| |
| Performance Summary | |
| Current Pool Factor | 15.24% |
| |
| Delinquency Status (*) | |
| 30+ Days | 9.51% |
| 60+ Days | 4.24% |
| 90+ Days | 1.48% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 5.04% |
| Foreclosure | 5.22% |
| REO | 5.47% |
| |
| Cumulative Net Loss | 1.20% |
| Loss Severity | 45.36% |
| |
| Prepayment Experience | |
| 1mo CPR | 26.75% |
| 3mo CPR | 34.02% |
| 6mo CPR | 36.48% |
| 9mo CPR | 36.73% |
| 12mo CPR | 37.95% |
| Life CPR | 44.24% |
|