| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 1/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 11.91% |
| |
| Delinquency Status (*) | |
| 30+ Days | 14.43% |
| 60+ Days | 8.99% |
| 90+ Days | 6.19% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.44% |
| Foreclosure | 7.61% |
| REO | 3.53% |
| |
| Cumulative Net Loss | 2.21% |
| Loss Severity | 73.62% |
| |
| Prepayment Experience | |
| 1mo CPR | 11.22% |
| 3mo CPR | 11.52% |
| 6mo CPR | 12.44% |
| 9mo CPR | 14.15% |
| 12mo CPR | 16.80% |
| Life CPR | 37.61% |
|