| DEAL NAME | Morgan Stanley Mortgage Loan Trust, Series 2004-5AR |
| Closing Date | 6/30/2004 |
| Collateral Factor Date | 1/1/2012 |
| |
| Performance Summary | |
| Current Pool Factor | 18.48% |
| |
| Delinquency Status (*) | |
| 30+ Days | 7.52% |
| 60+ Days | 4.59% |
| 90+ Days | 3.45% |
| 120+ Days | 2.50% |
| |
| Bankruptcy | 2.10% |
| Foreclosure | 4.80% |
| REO | 1.41% |
| |
| Cumulative Net Loss | 0.62% |
| Loss Severity | 64.08% |
| |
| Prepayment Experience | |
| 1mo CPR | 4.72% |
| 3mo CPR | 6.93% |
| 6mo CPR | 7.02% |
| 9mo CPR | 6.85% |
| 12mo CPR | 8.97% |
| Life CPR | 19.10% |
|