| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 4/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 11.48% |
| |
| Delinquency Status (*) | |
| 30+ Days | 16.71% |
| 60+ Days | 11.81% |
| 90+ Days | 10.10% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.74% |
| Foreclosure | 7.04% |
| REO | 2.57% |
| |
| Cumulative Net Loss | 2.43% |
| Loss Severity | 79.56% |
| |
| Prepayment Experience | |
| 1mo CPR | 10.62% |
| 3mo CPR | 12.19% |
| 6mo CPR | 11.97% |
| 9mo CPR | 12.44% |
| 12mo CPR | 13.73% |
| Life CPR | 36.47% |
|