| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 12/1/2007 |
| |
| Performance Summary | |
| Current Pool Factor | 14.69% |
| |
| Delinquency Status (*) | |
| 30+ Days | 8.29% |
| 60+ Days | 4.16% |
| 90+ Days | 1.77% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.99% |
| Foreclosure | 6.42% |
| REO | 5.22% |
| |
| Cumulative Net Loss | 1.30% |
| Loss Severity | 52.09% |
| |
| Prepayment Experience | |
| 1mo CPR | 20.92% |
| 3mo CPR | 21.57% |
| 6mo CPR | 30.14% |
| 9mo CPR | 32.91% |
| 12mo CPR | 34.59% |
| Life CPR | 43.19% |
|