| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 9/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 10.79% |
| |
| Delinquency Status (*) | |
| 30+ Days | 17.15% |
| 60+ Days | 13.75% |
| 90+ Days | 11.53% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 5.27% |
| Foreclosure | 9.19% |
| REO | 1.57% |
| |
| Cumulative Net Loss | 2.66% |
| Loss Severity | 89.42% |
| |
| Prepayment Experience | |
| 1mo CPR | 13.91% |
| 3mo CPR | 8.53% |
| 6mo CPR | 11.92% |
| 9mo CPR | 12.09% |
| 12mo CPR | 12.65% |
| Life CPR | 34.78% |
|