| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 5/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 13.25% |
| |
| Delinquency Status (*) | |
| 30+ Days | 8.89% |
| 60+ Days | 5.75% |
| 90+ Days | 3.76% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.57% |
| Foreclosure | 7.60% |
| REO | 4.83% |
| |
| Cumulative Net Loss | 1.74% |
| Loss Severity | 56.80% |
| |
| Prepayment Experience | |
| 1mo CPR | 18.77% |
| 3mo CPR | 22.17% |
| 6mo CPR | 21.04% |
| 9mo CPR | 23.09% |
| 12mo CPR | 27.69% |
| Life CPR | 41.09% |
|