| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 11/1/2007 |
| |
| Performance Summary | |
| Current Pool Factor | 14.99% |
| |
| Delinquency Status (*) | |
| 30+ Days | 8.74% |
| 60+ Days | 5.12% |
| 90+ Days | 1.85% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 5.09% |
| Foreclosure | 5.99% |
| REO | 5.31% |
| |
| Cumulative Net Loss | 1.24% |
| Loss Severity | 52.67% |
| |
| Prepayment Experience | |
| 1mo CPR | 16.67% |
| 3mo CPR | 26.97% |
| 6mo CPR | 33.73% |
| 9mo CPR | 34.39% |
| 12mo CPR | 36.16% |
| Life CPR | 43.67% |
|