| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 2/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 14.15% |
| |
| Delinquency Status (*) | |
| 30+ Days | 10.24% |
| 60+ Days | 5.51% |
| 90+ Days | 2.88% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.84% |
| Foreclosure | 6.40% |
| REO | 5.67% |
| |
| Cumulative Net Loss | 1.43% |
| Loss Severity | 58.94% |
| |
| Prepayment Experience | |
| 1mo CPR | 25.01% |
| 3mo CPR | 19.80% |
| 6mo CPR | 23.49% |
| 9mo CPR | 29.40% |
| 12mo CPR | 31.04% |
| Life CPR | 42.24% |
|