| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 3/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 13.78% |
| |
| Delinquency Status (*) | |
| 30+ Days | 9.02% |
| 60+ Days | 5.77% |
| 90+ Days | 3.30% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.63% |
| Foreclosure | 7.36% |
| REO | 4.96% |
| |
| Cumulative Net Loss | 1.57% |
| Loss Severity | 75.77% |
| |
| Prepayment Experience | |
| 1mo CPR | 26.23% |
| 3mo CPR | 21.59% |
| 6mo CPR | 21.63% |
| 9mo CPR | 27.43% |
| 12mo CPR | 30.28% |
| Life CPR | 41.91% |
|