| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 6/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 11.09% |
| |
| Delinquency Status (*) | |
| 30+ Days | 16.74% |
| 60+ Days | 12.47% |
| 90+ Days | 10.51% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.91% |
| Foreclosure | 8.08% |
| REO | 1.72% |
| |
| Cumulative Net Loss | 2.56% |
| Loss Severity | 59.27% |
| |
| Prepayment Experience | |
| 1mo CPR | 18.64% |
| 3mo CPR | 15.17% |
| 6mo CPR | 13.81% |
| 9mo CPR | 13.94% |
| 12mo CPR | 13.66% |
| Life CPR | 35.90% |
|