| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 8/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 12.72% |
| |
| Delinquency Status (*) | |
| 30+ Days | 8.63% |
| 60+ Days | 4.78% |
| 90+ Days | 3.35% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.42% |
| Foreclosure | 7.31% |
| REO | 4.72% |
| |
| Cumulative Net Loss | 1.90% |
| Loss Severity | 41.12% |
| |
| Prepayment Experience | |
| 1mo CPR | 7.66% |
| 3mo CPR | 13.88% |
| 6mo CPR | 18.14% |
| 9mo CPR | 18.76% |
| 12mo CPR | 20.92% |
| Life CPR | 39.69% |
|