| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 6/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 13.03% |
| |
| Delinquency Status (*) | |
| 30+ Days | 12.28% |
| 60+ Days | 8.73% |
| 90+ Days | 6.87% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.68% |
| Foreclosure | 5.99% |
| REO | 3.33% |
| |
| Cumulative Net Loss | 1.81% |
| Loss Severity | 77.94% |
| |
| Prepayment Experience | |
| 1mo CPR | 17.19% |
| 3mo CPR | 19.10% |
| 6mo CPR | 20.38% |
| 9mo CPR | 20.84% |
| 12mo CPR | 25.47% |
| Life CPR | 40.65% |
|