| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 1/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 14.51% |
| |
| Delinquency Status (*) | |
| 30+ Days | 9.63% |
| 60+ Days | 5.10% |
| 90+ Days | 2.17% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.90% |
| Foreclosure | 6.65% |
| REO | 5.51% |
| |
| Cumulative Net Loss | 1.33% |
| Loss Severity | 65.46% |
| |
| Prepayment Experience | |
| 1mo CPR | 12.83% |
| 3mo CPR | 16.92% |
| 6mo CPR | 25.97% |
| 9mo CPR | 30.55% |
| 12mo CPR | 32.29% |
| Life CPR | 42.60% |
|