| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 7/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 12.82% |
| |
| Delinquency Status (*) | |
| 30+ Days | 8.10% |
| 60+ Days | 4.99% |
| 90+ Days | 3.23% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.59% |
| Foreclosure | 7.66% |
| REO | 4.66% |
| |
| Cumulative Net Loss | 1.87% |
| Loss Severity | 41.51% |
| |
| Prepayment Experience | |
| 1mo CPR | 16.51% |
| 3mo CPR | 17.49% |
| 6mo CPR | 20.94% |
| 9mo CPR | 19.69% |
| 12mo CPR | 23.55% |
| Life CPR | 40.22% |
|