| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 9/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 12.54% |
| |
| Delinquency Status (*) | |
| 30+ Days | 10.13% |
| 60+ Days | 5.99% |
| 90+ Days | 3.98% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.41% |
| Foreclosure | 6.37% |
| REO | 4.81% |
| |
| Cumulative Net Loss | 1.95% |
| Loss Severity | 83.50% |
| |
| Prepayment Experience | |
| 1mo CPR | 13.85% |
| 3mo CPR | 12.77% |
| 6mo CPR | 15.98% |
| 9mo CPR | 17.92% |
| 12mo CPR | 18.93% |
| Life CPR | 39.25% |
|