| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-NC7 |
| Closing Date | 8/25/2004 |
| Collateral Factor Date | 1/1/2012 |
| |
| Performance Summary | |
| Current Pool Factor | 10.22% |
| |
| Delinquency Status (*) | |
| 30+ Days | 11.15% |
| 60+ Days | 6.96% |
| 90+ Days | 4.44% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.09% |
| Foreclosure | 14.64% |
| REO | 0.76% |
| |
| Cumulative Net Loss | 3.24% |
| Loss Severity | 78.20% |
| |
| Prepayment Experience | |
| 1mo CPR | 5.05% |
| 3mo CPR | 8.13% |
| 6mo CPR | 8.40% |
| 9mo CPR | 8.13% |
| 12mo CPR | 7.36% |
| Life CPR | 25.49% |
|