| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 8/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 10.94% |
| |
| Delinquency Status (*) | |
| 30+ Days | 17.02% |
| 60+ Days | 13.25% |
| 90+ Days | 11.45% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 5.33% |
| Foreclosure | 8.68% |
| REO | 1.58% |
| |
| Cumulative Net Loss | 2.61% |
| Loss Severity | 92.16% |
| |
| Prepayment Experience | |
| 1mo CPR | 4.93% |
| 3mo CPR | 10.28% |
| 6mo CPR | 11.89% |
| 9mo CPR | 11.67% |
| 12mo CPR | 12.64% |
| Life CPR | 35.08% |
|