| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 11/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 12.16% |
| |
| Delinquency Status (*) | |
| 30+ Days | 11.04% |
| 60+ Days | 6.31% |
| 90+ Days | 3.45% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.58% |
| Foreclosure | 6.80% |
| REO | 4.72% |
| |
| Cumulative Net Loss | 2.08% |
| Loss Severity | 63.63% |
| |
| Prepayment Experience | |
| 1mo CPR | 12.98% |
| 3mo CPR | 15.05% |
| 6mo CPR | 14.46% |
| 9mo CPR | 17.12% |
| 12mo CPR | 17.87% |
| Life CPR | 38.47% |
|