| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 10/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 12.32% |
| |
| Delinquency Status (*) | |
| 30+ Days | 11.10% |
| 60+ Days | 5.81% |
| 90+ Days | 3.44% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.29% |
| Foreclosure | 6.59% |
| REO | 4.79% |
| |
| Cumulative Net Loss | 2.02% |
| Loss Severity | 84.88% |
| |
| Prepayment Experience | |
| 1mo CPR | 18.18% |
| 3mo CPR | 13.34% |
| 6mo CPR | 15.44% |
| 9mo CPR | 18.49% |
| 12mo CPR | 18.18% |
| Life CPR | 38.89% |
|