| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 12/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 12.04% |
| |
| Delinquency Status (*) | |
| 30+ Days | 13.25% |
| 60+ Days | 7.87% |
| 90+ Days | 5.28% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.31% |
| Foreclosure | 7.28% |
| REO | 4.26% |
| |
| Cumulative Net Loss | 2.13% |
| Loss Severity | 53.98% |
| |
| Prepayment Experience | |
| 1mo CPR | 9.82% |
| 3mo CPR | 13.82% |
| 6mo CPR | 13.31% |
| 9mo CPR | 15.27% |
| 12mo CPR | 16.92% |
| Life CPR | 38.02% |
|