| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 10/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 10.74% |
| |
| Delinquency Status (*) | |
| 30+ Days | 18.06% |
| 60+ Days | 14.05% |
| 90+ Days | 11.92% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 5.12% |
| Foreclosure | 10.16% |
| REO | 1.48% |
| |
| Cumulative Net Loss | 2.68% |
| Loss Severity | 62.54% |
| |
| Prepayment Experience | |
| 1mo CPR | 3.99% |
| 3mo CPR | 7.76% |
| 6mo CPR | 10.92% |
| 9mo CPR | 11.38% |
| 12mo CPR | 11.49% |
| Life CPR | 34.38% |
|