| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 1/1/2010 |
| |
| Performance Summary | |
| Current Pool Factor | 10.45% |
| |
| Delinquency Status (*) | |
| 30+ Days | 19.24% |
| 60+ Days | 15.79% |
| 90+ Days | 13.63% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.29% |
| Foreclosure | 11.13% |
| REO | 1.70% |
| |
| Cumulative Net Loss | 2.79% |
| Loss Severity | 67.51% |
| |
| Prepayment Experience | |
| 1mo CPR | 6.80% |
| 3mo CPR | 8.73% |
| 6mo CPR | 8.25% |
| 9mo CPR | 10.20% |
| 12mo CPR | 10.73% |
| Life CPR | 33.38% |
|