| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-HE7 |
| Closing Date | 9/8/2004 |
| Collateral Factor Date | 1/1/2012 |
| |
| Performance Summary | |
| Current Pool Factor | 8.69% |
| |
| Delinquency Status (*) | |
| 30+ Days | 12.08% |
| 60+ Days | 8.49% |
| 90+ Days | 7.07% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.17% |
| Foreclosure | 16.57% |
| REO | 1.74% |
| |
| Cumulative Net Loss | 3.35% |
| Loss Severity | 0.00% |
| |
| Prepayment Experience | |
| 1mo CPR | 7.50% |
| 3mo CPR | 7.00% |
| 6mo CPR | 7.59% |
| 9mo CPR | 6.55% |
| 12mo CPR | 7.14% |
| Life CPR | 27.12% |
|