| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 2/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 11.76% |
| |
| Delinquency Status (*) | |
| 30+ Days | 15.17% |
| 60+ Days | 10.39% |
| 90+ Days | 8.00% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.50% |
| Foreclosure | 7.47% |
| REO | 3.17% |
| |
| Cumulative Net Loss | 2.29% |
| Loss Severity | 78.05% |
| |
| Prepayment Experience | |
| 1mo CPR | 12.42% |
| 3mo CPR | 11.16% |
| 6mo CPR | 13.26% |
| 9mo CPR | 13.46% |
| 12mo CPR | 15.74% |
| Life CPR | 37.22% |
|