

                                    UNITED STATES
                          SECURITIES AND EXCHANGE COMMISSION
                                Washington, D.C. 20549

                                      FORM 8-K /A

                                   CURRENT REPORT
        Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

             Date of Report (Date of earliest event reported): November 26, 2004
                             (Date of earliest event reported)


                                MORGAN STANLEY ABS CAPITAL I INC.
                 (as Depositor under the Pooling and Servicing Agreement,
                  dated as October 1, 2004, providing for the issuance of
                   Mortgage Pass-Through Certificates, Series 2004-HE8)
                      (Exact name of registrant as specified in charter)


                                         DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-113543-16                        13-3939229
          (Commission File Number)        (I.R.S. Employer Identification No.)


           1585 BROADWAY, 2ND FLOOR
           NEW YORK, NEW YORK                             10036
          (Address of principal executive offices)     (Zip Code)


          Registrant's Telephone Number, Including Area Code:  (212) 761-4000


             (Former name or former address, if changed since last report.)


     Check the appropriate box below if the Form 8-K filing is intended to
     simultaneously satisfy the filing obligation of the registrant under any
     of the following provisions (see General Instruction A.2. below):

     [  ] Written communications pursuant to Rule 425 under the Securities Act
     (17 CFR 230.425)

     [  ] Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act
     (17 CFR 240.14a-12(b))

     [  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))

     [  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))


     Item 8.01 Other Events.

     This current report on Form 8-K relates to the monthly distribution
     reported to the holders of Morgan Stanley ABS Capital I Inc. Mortgage
     Pass-Through Certificates, Series 2004-HE7, which was made on
     August 1, 2004

     Item 9.01 Financial Statements and Exhibits.

     (c) Exhibits

     Exhibit No. Description

     99.1 Monthly Remittance Statement to the Certificateholders dated as of
     November 26, 2004.


                                  SIGNATURES


    Pursuant to the requirements of the Securities Exchange Act of 1934,
    the Registrant has duly caused this report to be signed on behalf of
    the Registrant by the undersigned thereunto duly authorized.



                                          DEUTSCHE BANK NATIONAL TRUST COMPANY,
                                          IN ITS CAPACITY AS TRUSTEE UNDER THE
                                          POOLING AND SERVICING AGREEMENT ON
                                          BEHALF OF MORGAN STANLEY ABS CAPITAL
                                          I INC., REGISTRANT



          Date:  Dec 03, 2004               By:  /s/  Katherine M. Wannenmacher
                                            Katherine M. Wannenmacher
                                            Vice President



                                   EXHIBIT INDEX

         DOCUMENT

         99.1 Monthly Remittance Statement to the Certificateholders dated as of
              November 26, 2004.



Morgan Stanley ABS Capital I Inc. 2004-HE8

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-HE8

November 26, 2004 Distribution

				External Parties					Table of Contents

												Page
				Seller								Page
				Seller					1. Certificate Payment Report					2
				Morgan Stanley					1. Certificate Payment Report					2
				Morgan Stanley					2. Collection Account Report					6
									2. Collection Account Report					6
									3. Credit Enhancement Report					8
									4. Collateral Report					9
				Certificate Insurer(s)					5. Delinquency Report					12
				Certificate Insurer(s)					5. Delinquency Report					12
									6. REO Report					16

									7. Foreclosure Report					17
									8. Prepayment Report					18
									9. Prepayment Detail Report					21
									9. Prepayment Detail Report					21
									10. Realized Loss Report					24
									11. Realized Loss Detail Report					27
				Servicer(s)					11. Realized Loss Detail Report					27
				Servicer(s)					12. Triggers and Adj. Cert. Report					28
				Chase Manhattan Mortgage					12. Triggers and Adj. Cert. Report					28
				Chase Manhattan Mortgage					13. Other Related Information					29
				Countrywide Home Loans, Inc.					13. Other Related Information					29
				Countrywide Home Loans, Inc.


				Underwriter(s)
				Morgan Stanley & Co. Inc


									Total Number of Pages					29
									Total Number of Pages

				Dates					Contacts

				Cut-Off Date:		October 01, 2004			Marion Hogan
				Close Date:		October 28, 2004			Administrator
				First Distribution Date:		November 26, 2004			(714) 247-6282
									marion.c.hogan@db.com
									marion.c.hogan@db.com
									Address:
									1761 East St. Andrew Place, Santa Ana, CA 92705
				Distribution Date:		November 26, 2004
									Factor Information:			(800) 735-7777
				Record Date:		October 29, 2004			Factor Information:			(800) 735-7777
									Main Phone Number:			(714) 247-6000

						November 24, 2004
						November 24, 2004

									https://www.tss.db.com/invr






Page 1 of 29
Morgan Stanley ABS Capital I Inc. 2004-HE8

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-HE8

November 26, 2004 Distribution
Certificate Payment Report
Current Period Distribution - REMIC II
					Prior											Current
	Class		Original		Principal					Total		Realized		Deferred		Principal
	Class		Original		Principal					Total		Realized		Deferred		Principal
Class	Type	Cur	Face Value		Balance	Interest		Principal		Distribution		Loss		Interest		Balance


					(1)	(2)		(3)		(4)=(2)+(3)		(5)		(6)		(7)=(1)-(3)-(5)+(6)

A-1	FLT,STE	$	556,789,000.00		556,789,000.00	1,038,894.81		9,662,852.76		10,701,747.57		0.00		0.00		547,126,147.24
A-1	FLT,STE	$	556,789,000.00		556,789,000.00	1,038,894.81		9,662,852.76		10,701,747.57		0.00		0.00		547,126,147.24
A-2	FLT,STE	$	101,498,000.00		101,498,000.00	191,221.53		1,467,782.83		1,659,004.36		0.00		0.00		100,030,217.17
A-3	FLT,STE	$	25,375,000.00		25,375,000.00	48,419.55		366,952.93		415,372.48		0.00		0.00		25,008,047.07
A-4	FLT,STE	$	175,000,000.00		175,000,000.00	329,698.78		3,460,225.08		3,789,923.86		0.00		0.00		171,539,774.92
A-5	FLT,STE	$	148,500,000.00		148,500,000.00	254,651.72		5,642,144.16		5,896,795.88		0.00		0.00		142,857,855.84
A-6	FLT,STE	$	76,500,000.00		76,500,000.00	141,660.47		0.00		141,660.47		0.00		0.00		76,500,000.00
A-7	FLT,STE	$	60,350,000.00		60,350,000.00	120,991.27		0.00		120,991.27		0.00		0.00		60,350,000.00
M-1	SUB,FLT,STE	$	39,810,000.00		39,810,000.00	83,339.75		0.00		83,339.75		0.00		0.00		39,810,000.00
M-2	SUB,FLT,STE	$	41,207,000.00		41,207,000.00	87,592.06		0.00		87,592.06		0.00		0.00		41,207,000.00
M-3	SUB,FLT,STE	$	23,746,000.00		23,746,000.00	51,814.93		0.00		51,814.93		0.00		0.00		23,746,000.00
M-4	SUB,FLT,STE	$	20,953,000.00		20,953,000.00	50,784.11		0.00		50,784.11		0.00		0.00		20,953,000.00
M-5	SUB,FLT,STE	$	19,556,000.00		19,556,000.00	48,973.52		0.00		48,973.52		0.00		0.00		19,556,000.00
M-6	SUB,FLT,STE	$	18,857,000.00		18,857,000.00	49,501.59		0.00		49,501.59		0.00		0.00		18,857,000.00
B-1	SUB,FLT,STE	$	16,065,000.00		16,065,000.00	48,642.92		0.00		48,642.92		0.00		0.00		16,065,000.00
B-2	SUB,FLT,STE	$	13,968,000.00		13,968,000.00	43,418.66		0.00		43,418.66		0.00		0.00		13,968,000.00
B-3	SUB,FLT,STE	$	13,968,000.00		13,968,000.00	58,046.26		0.00		58,046.26		0.00		0.00		13,968,000.00
X	EXE	$	44,699,434.00		44,699,434.00	4,924,227.19		508.11		4,924,735.30		0.00		0.00		44,698,925.89
P	EXE	$	0.00		0.00	213,362.11		0.00		213,362.11		0.00		0.00		0.00
UT-R	RES	$	0.00		0.00	0.00		0.00		0.00		0.00		0.00		0.00


Total			1,396,841,434.00		1,396,841,434.00	7,785,241.23		20,600,465.87		28,385,707.10		0.00		0.00		1,376,240,968.13
Total





Page 2 of 29
Morgan Stanley ABS Capital I Inc. 2004-HE8

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-HE8

November 26, 2004 Distribution

Interest Accrual Detail Current Period Factor Information per $1,0000 of Original Face-
								Orig. Principal		Prior							Current
								Orig. Principal		Prior							Current
	Period		Period					(with Notional)		Principal						Total	Principal
	Period		Period
Class	Starting		Ending		Method	Cusip		Balance		Balance		Interest		Principal		Distribution	Balance

								(1)		(1)		(2)		(3)		(4)=(2)+(3)	(5)
A-1	10/28/04		11/25/04		A-Act/360	61744CGT7		556,789,000.00		1,000.000000		1.865868		17.354604		19.220472	982.645396
A-2	10/28/04		11/25/04		A-Act/360	61744CGU4		101,498,000.00		1,000.000000		1.883993		14.461200		16.345193	985.538800
A-3	10/28/04		11/25/04		A-Act/360	61744CGV2		25,375,000.00		1,000.000000		1.908160		14.461199		16.369359	985.538801
A-4	10/28/04		11/25/04		A-Act/360	61744CGW0		175,000,000.00		1,000.000000		1.883993		19.772715		21.656708	980.227285
A-5	10/28/04		11/25/04		A-Act/360	61744CGX8		148,500,000.00		1,000.000000		1.714826		37.994237		39.709063	962.005763
A-6	10/28/04		11/25/04		A-Act/360	61744CGY6		76,500,000.00		1,000.000000		1.851771		0.000000		1.851771	1,000.000000
A-7	10/28/04		11/25/04		A-Act/360	61744CGZ3		60,350,000.00		1,000.000000		2.004826		0.000000		2.004826	1,000.000000
M-1	10/28/04		11/25/04		A-Act/360	61744CHA7		39,810,000.00		1,000.000000		2.093438		0.000000		2.093438	1,000.000000
M-2	10/28/04		11/25/04		A-Act/360	61744CHB5		41,207,000.00		1,000.000000		2.125660		0.000000		2.125660	1,000.000000
M-3	10/28/04		11/25/04		A-Act/360	61744CHC3		23,746,000.00		1,000.000000		2.182049		0.000000		2.182049	1,000.000000
M-4	10/28/04		11/25/04		A-Act/360	61744CHD1		20,953,000.00		1,000.000000		2.423715		0.000000		2.423715	1,000.000000
M-5	10/28/04		11/25/04		A-Act/360	61744CHE9		19,556,000.00		1,000.000000		2.504271		0.000000		2.504271	1,000.000000
M-6	10/28/04		11/25/04		A-Act/360	61744CHF6		18,857,000.00		1,000.000000		2.625104		0.000000		2.625104	1,000.000000
B-1	10/28/04		11/25/04		A-Act/360	61744CHG4		16,065,000.00		1,000.000000		3.027882		0.000000		3.027882	1,000.000000
B-2	10/28/04		11/25/04		A-Act/360	61744CHH2		13,968,000.00		1,000.000000		3.108438		0.000000		3.108438	1,000.000000
B-3	10/28/04		11/25/04		A-Act/360	61744CHJ8		13,968,000.00		1,000.000000		4.155660		0.000000		4.155660	1,000.000000
X	10/28/04		11/25/04		A-Act/360			44,699,434.00		1,000.000000		110.163077		0.011367		110.174444	999.988633
P	10/28/04		11/25/04		A-Act/360			0.00		0.000000		0.000000		0.000000		0.000000	0.000000
UT-R	10/28/04		11/25/04		A-Act/360			0.00		0.000000		0.000000		0.000000		0.000000	0.000000




Page 3 of 29
Morgan Stanley ABS Capital I Inc. 2004-HE8

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-HE8

November 26, 2004 Distribution

Distribution to Date - REMIC II
																Current


	Original				Unscheduled	Scheduled		Total		Total		Realized		Deferred		Principal

Class	Face Value		Interest		Principal	Principal		Principal		Distribution		Loss		Interest		Balance
	(1)		(2)		(3)	(4)		(5)=(3)+(4)		(6)=(2)+(5)		(7)		(8)		(9)=(1)-(5)-(7)+(8)
A-1	556,789,000.00		1,038,894.81		9,140,925.52	521,927.24		9,662,852.76		10,701,747.57		0.00		0.00		547,126,147.24
A-2	101,498,000.00		191,221.53		1,388,502.33	79,280.50		1,467,782.83		1,659,004.36		0.00		0.00		100,030,217.17
A-3	25,375,000.00		48,419.55		347,132.42	19,820.52		366,952.93		415,372.48		0.00		0.00		25,008,047.07
A-4	175,000,000.00		329,698.78		3,273,325.23	186,899.85		3,460,225.08		3,789,923.86		0.00		0.00		171,539,774.92
A-5	148,500,000.00		254,651.72		5,337,390.61	304,753.55		5,642,144.16		5,896,795.88		0.00		0.00		142,857,855.84
A-6	76,500,000.00		141,660.47		0.00	0.00		0.00		141,660.47		0.00		0.00		76,500,000.00
A-7	60,350,000.00		120,991.27		0.00	0.00		0.00		120,991.27		0.00		0.00		60,350,000.00
M-1	39,810,000.00		83,339.75		0.00	0.00		0.00		83,339.75		0.00		0.00		39,810,000.00
M-2	41,207,000.00		87,592.06		0.00	0.00		0.00		87,592.06		0.00		0.00		41,207,000.00
M-3	23,746,000.00		51,814.93		0.00	0.00		0.00		51,814.93		0.00		0.00		23,746,000.00
M-4	20,953,000.00		50,784.11		0.00	0.00		0.00		50,784.11		0.00		0.00		20,953,000.00
M-5	19,556,000.00		48,973.52		0.00	0.00		0.00		48,973.52		0.00		0.00		19,556,000.00
M-6	18,857,000.00		49,501.59		0.00	0.00		0.00		49,501.59		0.00		0.00		18,857,000.00
B-1	16,065,000.00		48,642.92		0.00	0.00		0.00		48,642.92		0.00		0.00		16,065,000.00
B-2	13,968,000.00		43,418.66		0.00	0.00		0.00		43,418.66		0.00		0.00		13,968,000.00
B-3	13,968,000.00		58,046.26		0.00	0.00		0.00		58,046.26		0.00		0.00		13,968,000.00
X	44,699,434.00		4,924,227.19		480.67	27.44		508.11		4,924,735.30		0.00		0.00		44,698,925.89
P	0.00		213,362.11		0.00	0.00		0.00		213,362.11		0.00		0.00		0.00
UT-R	0.00		0.00		0.00	0.00		0.00		0.00		0.00		0.00		0.00


Total	1,396,841,434.00		7,785,241.23		19,487,756.78	1,112,709.10		20,600,465.87		28,385,707.10		0.00		0.00		1,376,240,968.13



Page 4 of 29
Morgan Stanley ABS Capital I Inc. 2004-HE8

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-HE8

November 26, 2004 Distribution

Interest Detail - REMIC II
	Pass		Prior Principal			Non-		Prior		Unscheduled				Paid or		Current
	Pass		Prior Principal			Non-		Prior		Unscheduled				Paid or

	Through		(with Notional)		Accrued	Supported		Unpaid		Interest		Optimal		Deferred		Unpaid

Class	Rate		Balance		Interest	Interest SF		Interest		Adjustment		Interest		Interest		Interest
					(1)	(2)		(3)		(4)		(5)=(1)-(2)+(3)+(4)		(6)		(7)=(5)-(6)
A-1	2.31625%		556,789,000.00		1,038,894.81	0.00		0.00		0.00		1,038,894.81		1,038,894.81		0.00
A-2	2.33875%		101,498,000.00		191,221.53	0.00		0.00		0.00		191,221.53		191,221.53		0.00
A-3	2.36875%		25,375,000.00		48,419.55	0.00		0.00		0.00		48,419.55		48,419.55		0.00
A-4	2.33875%		175,000,000.00		329,698.78	0.00		0.00		0.00		329,698.78		329,698.78		0.00
A-5	2.12875%		148,500,000.00		254,651.72	0.00		0.00		0.00		254,651.72		254,651.72		0.00
A-6	2.29875%		76,500,000.00		141,660.47	0.00		0.00		0.00		141,660.47		141,660.47		0.00
A-7	2.48875%		60,350,000.00		120,991.27	0.00		0.00		0.00		120,991.27		120,991.27		0.00
M-1	2.59875%		39,810,000.00		83,339.75	0.00		0.00		0.00		83,339.75		83,339.75		0.00
M-2	2.63875%		41,207,000.00		87,592.06	0.00		0.00		0.00		87,592.06		87,592.06		0.00
M-3	2.70875%		23,746,000.00		51,814.93	0.00		0.00		0.00		51,814.93		51,814.93		0.00
M-4	3.00875%		20,953,000.00		50,784.11	0.00		0.00		0.00		50,784.11		50,784.11		0.00
M-5	3.10875%		19,556,000.00		48,973.52	0.00		0.00		0.00		48,973.52		48,973.52		0.00
M-6	3.25875%		18,857,000.00		49,501.59	0.00		0.00		0.00		49,501.59		49,501.59		0.00
B-1	3.75875%		16,065,000.00		48,642.92	0.00		0.00		0.00		48,642.92		48,642.92		0.00
B-2	3.85875%		13,968,000.00		43,418.65	0.00		0.00		0.00		43,418.65		43,418.66		0.00
B-3	5.15875%		13,968,000.00		58,046.26	0.00		0.00		0.00		58,046.26		58,046.26		0.00
X	136.75416%		44,699,434.00		0.00	0.00		0.00		0.00		0.00		4,924,227.19		0.00
P	0.00000%		0.00		0.00	0.00		0.00		0.00		0.00		213,362.11		0.00
UT-R	0.00000%		0.00		0.00	0.00		0.00		0.00		0.00		0.00		0.00


Total			1,396,841,434.00		2,647,651.92	0.00		0.00		0.00		2,647,651.92		7,785,241.23		0.00



Page 5 of 29
Morgan Stanley ABS Capital I Inc. 2004-HE8

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-HE8

November 26, 2004 Distribution
Collection Account Report
SUMMARY
SUMMARY
							Group 3		Group 2		Group 1		Total
Principal Collections							9,101,637.59		1,829,140.21		9,656,727.02		20,587,504.82
Principal Withrawals							0.00		0.00		0.00		0.00
Principal Other Accounts							956.17		5,640.81		6,364.08		12,961.06
TOTAL NET PRINCIPAL							9,102,593.76		1,834,781.02		9,663,091.10		20,600,465.88
Interest Collections							3,062,164.69		844,577.06		3,739,268.78		7,646,010.54
Interest Withdrawals							-0.00		-0.00		-0.00		-0.00
Interest Other Accounts							0.00		0.00		0.00		213,362.11
Interest Fees							-32,214.91		-10,148.18		-31,768.34		-74,131.42
TOTAL NET INTEREST							3,029,949.79		834,428.89		3,707,500.44		7,785,241.23
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION							12,132,543.55		2,669,209.91		13,370,591.54		28,385,707.11



PRINCIPAL - COLLECTIONS
PRINCIPAL - COLLECTIONS
								Group 3		Group 2		Group 1		Total
Scheduled Principal Received								445,111.61		130,723.37		536,874.12		1,112,709.10
Prepayments In Full								8,627,382.24		1,666,614.91		9,089,021.59		19,383,018.74
Curtailments								29,143.74		31,801.93		30,831.31		91,776.98
Liquidations								0.00		0.00		0.00		0.00
Insurance Principal								0.00		0.00		0.00		0.00
Repurchased Principal Amounts								0.00		0.00		0.00		0.00
Other Principal								0.00		0.00		0.00		0.00
Total Realized Loss Of Principal								-0.00		-0.00		-0.00		-0.00
Delinquent Principal								-389,683.20		-110,999.12		-482,464.88		-983,147.20
Advanced Principal								389,683.20		110,999.12		482,464.88		983,147.20
TOTAL PRINCIPAL COLLECTED								9,101,637.59		1,829,140.21		9,656,727.02		20,587,504.82


PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK



PRINCIPAL - OTHER ACCOUNTS
PRINCIPAL - OTHER ACCOUNTS
							Group 3		Group 2		Group 1		Total
Closing Deposit							956.17		5,640.81		6,364.08		12,961.06
TOTAL OTHER ACCOUNTS PRINCIPAL							956.17		5,640.81		6,364.08		12,961.06





Page 6 of 29
Morgan Stanley ABS Capital I Inc. 2004-HE8

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-HE8

November 26, 2004 Distribution

INTEREST - COLLECTIONS
INTEREST - COLLECTIONS
							Group 3		Group 2		Group 1		Total
Scheduled Interest							3,265,651.84		899,386.36		3,992,577.65		8,157,615.85
Liquidation Interest							0.00		0.00		0.00		0.00
Repurchased Interest							0.00		0.00		0.00		0.00
Insurance Interest							0.00		0.00		0.00		0.00
Other Interest							0.00		0.00		0.00		0.00
Relief Act Interest Shortfalls							-0.00		-0.00		-0.00		-0.00
Prepayment Interest Shortfalls							-19,215.48		-5,188.63		-24,475.90		-48,880.02
Compensating Interest							19,215.48		5,188.63		24,475.90		48,880.02
Delinquent Interest							-2,845,218.94		-764,441.64		-3,577,615.00		-7,187,275.58
Interest Advanced							2,641,731.79		709,632.35		3,324,306.13		6,675,670.26
TOTAL INTEREST COLLECTED							3,062,164.69		844,577.06		3,739,268.78		7,646,010.54


INTEREST - WITHDRAWALS
INTEREST - WITHDRAWALS
							Group 3		Group 2		Group 1		Total
Nonrecoverable Advances									0.00		0.00		0.00
TOTAL INTEREST WITHDRAWALS							0.00		0.00		0.00		0.00



INTEREST - OTHER ACCOUNTS
INTEREST - OTHER ACCOUNTS
							Group 3		Group 2		Group 1		Total
Prepayment Charges													213,362.11
TOTAL INTEREST OTHER ACCOUNTS							0.00		0.00		0.00		213,362.11



INTEREST - FEES
INTEREST - FEES
							Group 3		Group 2		Group 1		Total
Current Servicing Fees							30,716.01		16,274.40		42,740.09		70,406.55
Current Trustee Fees							1,498.90		739.49		2,456.12		3,724.88
TOTAL INTEREST OTHER FEES							32,214.91		10,148.18		31,768.34		74,131.42




Page 7 of 29
Morgan Stanley ABS Capital I Inc. 2004-HE8

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2004-HE8

November 26, 2004 Distribution
Credit Enhancement Report
ACCOUNTS

SPACE INTENTIONALLY LEFT BLANK



INSURANCE

SPACE INTENTIONALLY LEFT BLANK



STRUCTURAL FEATURES
STRUCTURAL FEATURES
							Group 3		Group 2		Group 1		Total
Overcollateralization Amount													44,699,434.00
Overcollateralization Target Amount													44,698,925.89
Overcollateralization Deficiency Amount													0.00
Overcollateralization Release Amount													508.11




Page 8 of 29
Morgan Stanley ABS Capital I Inc. 2004-HE8

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-HE8

November 26, 2004 Distribution
Collateral Report


COLLATERAL



								Group 3		Group 2		Group 1		Total



*Loan Count:*


Original							2,758		956		4,281		7,995
Prior							2,758		956		4,281		7,995
Prefunding							0		0		0		0
Scheduled Paid Offs							-0		-0		-0		-0
Full Voluntary Prepayments							-35		-8		-52		-95
Repurchases							-0		-0		-0		-0
Liquidations							-0		-0		-0		-0
Current							2,723		948		4,229		7,900
*Principal Balance:*


Original							562,087,570.35		154,906,526.14		679,834,376.83		1,396,828,473.32
Prior							562,087,570.35		154,906,526.14		679,834,376.83		1,396,828,473.32
Prefunding							0.00		0.00		0.00		0.00
Scheduled Principal							-445,111.61		-130,723.37		-536,874.12		-1,112,709.10
Partial Prepayments							-29,143.74		-31,801.93		-30,831.31		-91,776.98
Full Voluntary Prepayments							-8,627,382.24		-1,666,614.91		-9,089,021.59		-19,383,018.74
Repurchases							-0.00		-0.00		-0.00		-0.00
Liquidations							-0.00		-0.00		-0.00		-0.00
Current							552,985,932.76		153,077,385.93		670,177,649.81		1,376,240,968.50





PREFUNDING

SPACE INTENTIONALLY LEFT BLANK






Page 9 of 29
Morgan Stanley ABS Capital I Inc. 2004-HE8

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-HE8

November 26, 2004 Distribution

CHARACTERISTICS
CHARACTERISTICS
							Group 3		Group 2		Group 1		Total
Weighted Average Coupon Original							6.97184%		6.96719%		7.04744%		7.00812%
Weighted Average Coupon Prior							6.97184%		6.96719%		7.04744%		7.00812%
Weighted Average Coupon Current							6.97184%		6.96719%		7.04744%		7.00812%
Weighted Average Months to Maturity Original							350		351		350		350
Weighted Average Months to Maturity Prior							350		351		350		350
Weighted Average Months to Maturity Current							350		351		350		350
Weighted Avg Remaining Amortization Term Original							350		351		350		350
Weighted Avg Remaining Amortization Term Prior							350		351		350		350
Weighted Avg Remaining Amortization Term Current							350		351		350		350
Weighted Average Seasoning Original							4.61		4.70		4.40		4.52
Weighted Average Seasoning Prior							4.61		4.70		4.40		4.52
Weighted Average Seasoning Current							4.61		4.70		4.40		4.52









Page 10 of 29
Morgan Stanley ABS Capital I Inc. 2004-HE8

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-HE8

November 26, 2004 Distribution

ARM CHARACTERISTICS
ARM CHARACTERISTICS
							Group 3		Group 2		Group 1		Total
Weighted Average Margin Original							5.60908%		5.64199%		5.56998%		5.59328%
Weighted Average Margin Prior							5.60908%		5.64199%		5.56998%		5.59328%
Weighted Average Margin Current							5.60908%		5.64199%		5.56998%		5.59328%
Weighted Average Max Rate Original							13.54187%		12.97104%		14.23898%		13.82538%
Weighted Average Max Rate Prior							13.54187%		12.97104%		14.23898%		13.82538%
Weighted Average Max Rate Current							13.54187%		12.97104%		14.23898%		13.82538%
Weighted Average Min Rate Original							7.08451%		6.97847%		7.24743%		7.15401%
Weighted Average Min Rate Prior							7.08451%		6.97847%		7.24743%		7.15401%
Weighted Average Min Rate Current							7.08451%		6.97847%		7.24743%		7.15401%
Weighted Average Cap Up Original							1.25347%		1.00000%		1.49706%		1.34613%
Weighted Average Cap Up Prior							1.25347%		1.00000%		1.49706%		1.34613%
Weighted Average Cap Up Current							1.25347%		1.00000%		1.49706%		1.34613%
Weighted Average Cap Down Original							1.25347%		1.00000%		1.49706%		1.34613%
Weighted Average Cap Down Prior							1.25347%		1.00000%		1.49706%		1.34613%
Weighted Average Cap Down Current							1.25347%		1.00000%		1.49706%		1.34613%




SERVICING FEES & ADVANCES

								Group 3		Group 2		Group 1		Total




Current Servicing Fees							30,716.01		16,274.40		42,740.09		70,406.55
Delinquent Servicing Fees							203,487.15		54,809.29		253,308.87		511,605.31
TOTAL SERVICING FEES							234,203.16		64,544.39		283,264.33		582,011.88


Compensating Interest							-19,215.48		-5,188.63		-24,475.90		-48,880.02
Delinquent Servicing Fees							-203,487.15		-54,809.29		-253,308.87		-511,605.31
COLLECTED SERVICING FEES							11,500.53		4,546.46		5,479.56		21,526.55


Aggregate Advances with respect to this Distribution							2,113,974.13		657,240.13		2,991,912.43		5,763,126.69





ADDITIONAL COLLATERAL INFORMATION
							Group 3		Group 2		Group 1		Total
Net Prepayment Interest Shortfall							0.00		0.00		0.00		0.00
Libor For Current Period													1.9588%




Page 11 of 29
Morgan Stanley ABS Capital I Inc. 2004-HE8

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-HE8

November 26, 2004 Distribution
Delinquency Report

	TOTAL
					< 1 PAYMENT	1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance			16,879,893.50		640,324.06		0.00		17,520,217.56
			% Balance			1.23%		0.05%		0.00%		1.27%
			# Loans			105		3		0		108
			% # Loans			1.33%		0.04%		0.00%		1.37%
	FORECLOSURE		Balance		0.00	0.00		0.00		0.00		0.00
			% Balance		0.00%	0.00%		0.00%		0.00%		0.00%
			# Loans		0	0		0		0		0
			% # Loans		0.00%	0.00%		0.00%		0.00%		0.00%
	BANKRUPTCY		Balance		0.00	0.00		0.00		0.00		0.00
			% Balance		0.00%	0.00%		0.00%		0.00%		0.00%
			# Loans		0	0		0		0		0
			% # Loans		0.00%	0.00%		0.00%		0.00%		0.00%
	REO		Balance		0.00	0.00		0.00		0.00		0.00
			% Balance		0.00%	0.00%		0.00%		0.00%		0.00%
			# Loans		0	0		0		0		0
			% # Loans		0.00%	0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		0.00	16,879,893.50		640,324.06		0.00		17,520,217.56
			% Balance		0.00%	1.23%		0.05%		0.00%		1.27%
			# Loans		0	105		3		0		108
			% # Loans		0.00%	1.33%		0.04%		0.00%		1.37%









Page 12 of 29
Morgan Stanley ABS Capital I Inc. 2004-HE8

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-HE8

November 26, 2004 Distribution


	GROUP 1
					< 1 PAYMENT	1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance			5,893,168.87		0.00		0.00		5,893,168.87
			% Balance			0.88%		0.00%		0.00%		0.88%
			# Loans			42		0		0		42
			% # Loans			0.99%		0.00%		0.00%		0.99%
	FORECLOSURE		Balance		0.00	0.00		0.00		0.00		0.00
			% Balance		0.00%	0.00%		0.00%		0.00%		0.00%
			# Loans		0	0		0		0		0
			% # Loans		0.00%	0.00%		0.00%		0.00%		0.00%
	BANKRUPTCY		Balance		0.00	0.00		0.00		0.00		0.00
			% Balance		0.00%	0.00%		0.00%		0.00%		0.00%
			# Loans		0	0		0		0		0
			% # Loans		0.00%	0.00%		0.00%		0.00%		0.00%
	REO		Balance		0.00	0.00		0.00		0.00		0.00
			% Balance		0.00%	0.00%		0.00%		0.00%		0.00%
			# Loans		0	0		0		0		0
			% # Loans		0.00%	0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		0.00	5,893,168.87		0.00		0.00		5,893,168.87
			% Balance		0.00%	0.88%		0.00%		0.00%		0.88%
			# Loans		0	42		0		0		42
			% # Loans		0.00%	0.99%		0.00%		0.00%		0.99%










Page 13 of 29
Morgan Stanley ABS Capital I Inc. 2004-HE8

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-HE8

November 26, 2004 Distribution

	GROUP 2
					< 1 PAYMENT	1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance			3,280,517.85		0.00		0.00		3,280,517.85
			% Balance			2.14%		0.00%		0.00%		2.14%
			# Loans			20		0		0		20
			% # Loans			2.11%		0.00%		0.00%		2.11%
	FORECLOSURE		Balance		0.00	0.00		0.00		0.00		0.00
			% Balance		0.00%	0.00%		0.00%		0.00%		0.00%
			# Loans		0	0		0		0		0
			% # Loans		0.00%	0.00%		0.00%		0.00%		0.00%
	BANKRUPTCY		Balance		0.00	0.00		0.00		0.00		0.00
			% Balance		0.00%	0.00%		0.00%		0.00%		0.00%
			# Loans		0	0		0		0		0
			% # Loans		0.00%	0.00%		0.00%		0.00%		0.00%
	REO		Balance		0.00	0.00		0.00		0.00		0.00
			% Balance		0.00%	0.00%		0.00%		0.00%		0.00%
			# Loans		0	0		0		0		0
			% # Loans		0.00%	0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		0.00	3,280,517.85		0.00		0.00		3,280,517.85
			% Balance		0.00%	2.14%		0.00%		0.00%		2.14%
			# Loans		0	20		0		0		20
			% # Loans		0.00%	2.11%		0.00%		0.00%		2.11%










Page 14 of 29
Morgan Stanley ABS Capital I Inc. 2004-HE8

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-HE8

November 26, 2004 Distribution

	GROUP 3
					< 1 PAYMENT	1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance			7,706,206.78		640,324.06		0.00		8,346,530.84
			% Balance			1.39%		0.12%		0.00%		1.51%
			# Loans			43		3		0		46
			% # Loans			1.58%		0.11%		0.00%		1.69%
	FORECLOSURE		Balance		0.00	0.00		0.00		0.00		0.00
			% Balance		0.00%	0.00%		0.00%		0.00%		0.00%
			# Loans		0	0		0		0		0
			% # Loans		0.00%	0.00%		0.00%		0.00%		0.00%
	BANKRUPTCY		Balance		0.00	0.00		0.00		0.00		0.00
			% Balance		0.00%	0.00%		0.00%		0.00%		0.00%
			# Loans		0	0		0		0		0
			% # Loans		0.00%	0.00%		0.00%		0.00%		0.00%
	REO		Balance		0.00	0.00		0.00		0.00		0.00
			% Balance		0.00%	0.00%		0.00%		0.00%		0.00%
			# Loans		0	0		0		0		0
			% # Loans		0.00%	0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		0.00	7,706,206.78		640,324.06		0.00		8,346,530.84
			% Balance		0.00%	1.39%		0.12%		0.00%		1.51%
			# Loans		0	43		3		0		46
			% # Loans		0.00%	1.58%		0.11%		0.00%		1.69%









Page 15 of 29
Morgan Stanley ABS Capital I Inc. 2004-HE8

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-HE8

November 26, 2004 Distribution
REO Report
Loan Number			Original		Stated			Current		State &

													First
&			Principal		Principal	Paid to		Note		LTV at		Original		Payment

Loan Group			Balance		Balance	Date		Rate		Origination		Term		Date
SPACE INTENTIONALLY LEFT BLANK
SPACE INTENTIONALLY LEFT BLANK



TOTAL



Page 16 of 29
Morgan Stanley ABS Capital I Inc. 2004-HE8

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Mortgage Pass-Through Certificates
2004-HE8

November 26, 2004 Distribution
Foreclosure Report
Loan Number			Original		Stated			Current		State &

													First
&			Principal		Principal	Paid to		Note		LTV at		Original		Payment

Loan Group			Balance		Balance	Date		Rate		Origination		Term		Date




TOTAL



Page 17 of 29
Morgan Stanley ABS Capital I Inc. 2004-HE8

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-HE8

November 26, 2004 Distribution
Prepayment Report

VOLUNTARY PREPAYMENTS
VOLUNTARY PREPAYMENTS

								Group 3		Group 2		Group 1		Total




*Current*


Number of Paid in Full Loans							35		8		52		95
Number of Repurchased Loans							0		0		0		0
Total Number of Loans Prepaid in Full							35		8		52		95
Curtailments Amount							29,143.74		31,801.93		30,831.31		91,776.98
Paid in Full Balance							8,627,382.24		1,666,614.91		9,089,021.59		19,383,018.74
Repurchased Loans Balance							0.00		0.00		0.00		0.00
Total Prepayment Amount							8,656,525.98		1,698,416.84		9,119,852.90		19,474,795.72

*Cumulative*


Number of Paid in Full Loans							35		8		52		95
Number of Repurchased Loans							0		0		0		0
Total Number of Loans Prepaid in Full							35		8		52		95
Paid in Full Balance							8,627,382.24		1,666,614.91		9,089,021.59		19,383,018.74
Repurchased Loans Balance							0.00		0.00		0.00		0.00
Curtailments Amount							29,143.74		31,801.93		30,831.31		91,776.98
Total Prepayment Amount							8,656,525.98		1,698,416.84		9,119,852.90		19,474,795.72










Page 18 of 29
Morgan Stanley ABS Capital I Inc. 2004-HE8

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2004-HE8

November 26, 2004 Distribution

VOLUNTARY PREPAYMENTS RATES
VOLUNTARY PREPAYMENTS RATES

								Group 3		Group 2		Group 1		Total



SMM							1.54%		1.10%		1.34%		1.40%
3 Months Avg SMM							1.54%		1.10%		1.34%		1.40%
12 Months Avg SMM							1.54%		1.10%		1.34%		1.40%
Avg SMM Since Cut-off							1.54%		1.10%		1.34%		1.40%


CPR							17.01%		12.40%		14.97%		15.52%
3 Months Avg CPR							17.01%		12.40%		14.97%		15.52%
12 Months Avg CPR							17.01%		12.40%		14.97%		15.52%
Avg CPR Since Cut-off							17.01%		12.40%		14.97%		15.52%


PSA							1,843.51%		1,319.28%		1,700.70%		1,716.63%
3 Months Avg PSA Approximation							1,843.51%		1,319.28%		1,700.70%		1,716.63%
12 Months Avg PSA Approximation							1,843.51%		1,319.28%		1,700.70%		1,716.63%
Avg PSA Since Cut-off Approximation							1,843.51%		1,319.28%		1,700.70%		1,716.63%










Page 19 of 29
Morgan Stanley ABS Capital I Inc. 2004-HE8

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-HE8

November 26, 2004 Distribution






PREPAYMENT CALCULATION METHODOLOGY

	Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases + Liquidations )/(Beg Principal Balance - Sched Principal)

	Conditional Prepayment Rate (CPR): 1-((1-SMM)^12)
	PSA Standard Prepayment Model: CPR/(0.002*min(30,WAS))
	PSA Standard Prepayment Model: CPR/(0.002*min(30,WAS))
	Average SMM over period between nth month and mth month (AvgSMMn,m): [(1-SMMn)(1-SMMn+1)...*(1-SMMm)]^(1/months in period n,m)
	Average CPR over period between the nth month and mth month (AvgCPRn,m): 1-((1-AvgSMMn,m)^12)

	Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.002*Avg WASn,m))
	Average WASn,m: (min(30,WASn)+min(30,WASn+1)+...+min(30,WASm)/(number of months in the period n,m)

	Weighted Average Seasoning (WAS)

	Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments, liquidations, and repurchases.
	Dates correspond to distribution dates.




Page 20 of 29
Morgan Stanley ABS Capital I Inc. 2004-HE8

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-HE8

November 26, 2004 Distribution
Prepayment Detail Report
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original						Current		State &		Type Prepayment		First
Loan Number			Original						Current		State &		Type Prepayment

&		Loan	Principal		Prepayment		Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount		Date		Rate		Origination		Original Term		Date

673053 3			204,800.00		204,396.48		22-Oct-2004		9.550%		GA - 80.00%		Paid Off - 360		07/01/2004
673053 3			204,800.00		204,396.48		22-Oct-2004		9.550%		GA - 80.00%		Paid Off - 360		07/01/2004
710434 3			176,800.00		176,383.41		04-Oct-2004		9.780%		IL - 85.00%		Paid Off - 360		06/01/2004
713347 2			202,000.00		200,820.43		29-Oct-2004		5.200%		CA - 77.10%		Paid Off - 360		06/01/2004
759555 3			240,000.00		239,421.35		28-Oct-2004		7.130%		VA - 75.00%		Paid Off - 360		08/01/2004
800268 3			106,400.00		106,249.99		08-Oct-2004		9.755%		DE - 80.00%		Paid Off - 360		08/01/2004
842625 3			213,750.00		213,153.38		29-Oct-2004		7.855%		CA - 75.00%		Paid Off - 360		07/01/2004
858761 3			107,350.00		107,135.15		28-Oct-2004		9.475%		PA - 95.00%		Paid Off - 360		07/01/2004
867341 2			68,000.00		67,841.51		21-Oct-2004		8.742%		FL - 74.73%		Paid Off - 360		07/01/2004
927327 3			425,000.00		423,845.54		22-Oct-2004		7.990%		CA - 85.00%		Paid Off - 360		07/01/2004
935296 3			169,100.00		168,712.60		29-Oct-2004		8.825%		NV - 95.00%		Paid Off - 360		07/01/2004
956029 2			360,000.00		358,525.78		05-Oct-2004		5.892%		NY - 80.00%		Paid Off - 360		07/01/2004
970053 3			240,000.00		239,345.16		07-Oct-2004		6.500%		CA - 61.22%		Paid Off - 360		08/01/2004
1006279 2			160,000.00		159,661.17		11-Oct-2004		9.205%		MI - 80.00%		Paid Off - 360		07/01/2004
1008531 3			84,000.00		83,854.21		18-Oct-2004		10.150%		IL - 70.00%		Paid Off - 360		07/01/2004
1014141 3			192,000.00		191,478.46		29-Oct-2004		7.990%		CA - 80.00%		Paid Off - 360		07/01/2004
1033240 2			263,500.00		262,710.42		22-Oct-2004		7.500%		CA - 81.08%		Paid Off - 360		07/01/2004
1042118 3			237,461.00		236,531.59		18-Oct-2004		6.130%		CA - 80.00%		Paid Off - 360		07/01/2004
1044775 3			357,300.00		356,174.92		19-Oct-2004		7.250%		CA - 89.66%		Paid Off - 360		07/01/2004
1051762 3			133,600.00		133,171.78		13-Oct-2004		7.160%		MN - 80.00%		Paid Off - 360		07/01/2004
1058494 3			332,500.00		331,594.98		26-Oct-2004		7.980%		CA - 93.66%		Paid Off - 360		07/01/2004
1064583 3			135,000.00		134,790.83		08-Oct-2004		9.305%		CA - 75.00%		Paid Off - 360		08/01/2004
1077072 3			297,500.00		296,885.47		22-Oct-2004		7.905%		NY - 85.00%		Paid Off - 360		08/01/2004
1129238 3			145,000.00		144,550.58		15-Oct-2004		7.330%		CA - 91.20%		Paid Off - 360		07/01/2004
1144856 2			240,000.00		239,476.10		07-Oct-2004		7.630%		NY - 80.00%		Paid Off - 360		08/01/2004
1154152 2			178,449.00		177,992.64		04-Oct-2004		6.830%		CA - 69.98%		Paid Off - 360		08/01/2004
1180728 2			200,000.00		199,586.86		22-Oct-2004		7.905%		CA - 80.00%		Paid Off - 360		08/01/2004
1185974 3			276,000.00		275,321.34		15-Oct-2004		7.030%		FL - 80.00%		Paid Off - 360		08/01/2004
1207653 3			256,000.00		255,359.68		28-Oct-2004		8.267%		CA - 80.00%		Paid Off - 360		08/01/2004
1420674 1			56,000.00		55,923.29		04-Oct-2004		11.250%		CA - 20.00%		Paid Off - 360		07/01/2004
1486810 1			272,000.00		271,402.65		08-Oct-2004		7.600%		CA - 80.00%		Paid Off - 360		08/01/2004
1492376 1			51,100.00		50,900.06		14-Oct-2004		10.350%		CA - 20.00%		Paid Off - 360		06/01/2004
1517614 1			98,000.00		97,700.46		13-Oct-2004		7.400%		SC - 70.00%		Paid Off - 360		07/01/2004
1518657 1			72,600.00		72,494.80		01-Oct-2004		9.625%		MI - 60.00%		Paid Off - 360		08/01/2004
1522805 3			256,000.00		255,422.52		21-Oct-2004		8.900%		NJ - 100.00%		Paid Off - 360		07/01/2004
1528474 3			151,300.00		150,933.04		29-Oct-2004		7.100%		NY - 85.00%		Paid Off - 360		08/01/2004
1529140 3			423,500.00		421,735.33		27-Oct-2004		5.800%		CA - 70.00%		Paid Off - 360		07/01/2004
1530850 1			100,800.00		100,560.58		29-Oct-2004		8.650%		FL - 80.00%		Paid Off - 360		07/01/2004
1530850 1			100,800.00		100,560.58				8.650%		FL - 80.00%		Paid Off - 360



Page 21 of 29
Morgan Stanley ABS Capital I Inc. 2004-HE8

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-HE8

November 26, 2004 Distribution

Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original						Current		State &		Type Prepayment		First
Loan Number			Original						Current		State &		Type Prepayment

&		Loan	Principal		Prepayment		Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount		Date		Rate		Origination		Original Term		Date

1535093 1			318,750.00		318,147.89		06-Oct-2004		9.750%		NY - 75.00%		Paid Off - 360		07/01/2004
1535093 1			318,750.00		318,147.89		06-Oct-2004		9.750%		NY - 75.00%		Paid Off - 360		07/01/2004
1537128 1			220,000.00		219,100.42		05-Oct-2004		5.900%		CA - 50.58%		Paid Off - 360		07/01/2004
1541386 1			204,000.00		203,598.98		30-Oct-2004		8.150%		CA - 49.16%		Paid Off - 360		08/01/2004
1556291 1			54,000.00		53,647.72		07-Oct-2004		6.400%		PA - 90.00%		Paid Off - 360		08/01/2004
1558483 3			217,800.00		217,799.92		29-Oct-2004		8.650%		NJ - 90.00%		Paid Off - 360		07/01/2004
1558929 3			61,000.00		60,537.73		29-Oct-2004		7.500%		TX - 70.12%		Paid Off - 240		07/01/2004
1561734 1			78,750.00		78,649.43		19-Oct-2004		10.250%		MI - 75.00%		Paid Off - 360		08/01/2004
1565065 1			219,000.00		218,030.47		20-Oct-2004		5.850%		MN - 79.64%		Paid Off - 360		07/01/2004
1567342 1			204,000.00		203,181.52		18-Oct-2004		6.000%		CA - 85.00%		Paid Off - 360		07/01/2004
1572628 1			50,000.00		49,925.62		15-Oct-2004		9.500%		OK - 70.42%		Paid Off - 360		08/01/2004
1574369 1			240,000.00		239,970.00		29-Oct-2004		6.350%		CA - 89.55%		Paid Off - 360		07/01/2004
1575359 3			476,991.00		475,922.33		28-Oct-2004		7.500%		CA - 89.86%		Paid Off - 360		08/01/2004
1581218 1			116,250.00		116,032.82		15-Oct-2004		8.400%		NJ - 75.00%		Paid Off - 360		08/01/2004
1583510 3			460,000.00		460,000.00		22-Oct-2004		4.950%		CA - 80.00%		Paid Off - 360		07/01/2004
1585454 1			270,750.00		270,149.42		15-Oct-2004		7.550%		MA - 95.00%		Paid Off - 360		08/01/2004
1585498 1			213,000.00		212,285.03		27-Oct-2004		6.925%		CA - 74.48%		Paid Off - 360		07/01/2004
1587246 1			125,000.00		124,553.04		05-Oct-2004		6.600%		CA - 63.78%		Paid Off - 360		07/01/2004
1589768 1			144,000.00		143,670.89		30-Oct-2004		7.400%		CA - 73.85%		Paid Off - 360		08/01/2004
1591598 3			340,000.00		340,000.00		26-Oct-2004		6.600%		CA - 85.00%		Paid Off - 360		08/01/2004
1594576 1			209,000.00		128,033.05		25-Oct-2004		7.550%		TN - 95.00%		Paid Off - 360		08/01/2004
1595888 1			252,000.00		251,332.56		04-Oct-2004		6.650%		CA - 60.00%		Paid Off - 360		08/01/2004
1595932 3			279,000.00		278,396.42		29-Oct-2004		7.675%		IL - 90.00%		Paid Off - 360		08/01/2004
1596413 1			304,000.00		303,042.75		22-Oct-2004		7.250%		CA - 95.00%		Paid Off - 360		07/01/2004
1596623 3			50,250.00		50,041.95		06-Oct-2004		9.700%		OK - 75.00%		Paid Off - 240		08/01/2004
1599296 1			125,350.00		124,873.30		04-Oct-2004		6.750%		CA - 39.17%		Paid Off - 360		07/01/2004
1599873 3			170,000.00		169,409.57		05-Oct-2004		6.750%		CT - 66.67%		Paid Off - 360		07/01/2004
1599949 1			220,000.00		218,968.33		27-Oct-2004		5.900%		CA - 50.58%		Paid Off - 360		07/01/2004
1600674 1			171,000.00		170,655.23		26-Oct-2004		8.025%		CA - 86.36%		Paid Off - 360		08/01/2004
1600987 1			295,000.00		294,239.75		04-Oct-2004		8.250%		MN - 100.00%		Paid Off - 360		07/01/2004
1601353 1			176,000.00		175,412.13		18-Oct-2004		6.950%		AZ - 80.00%		Paid Off - 360		07/01/2004
1602492 1			96,000.00		95,802.94		21-Oct-2004		7.950%		WI - 80.00%		Paid Off - 360		08/01/2004
1608633 3			360,000.00		359,306.57		04-Oct-2004		8.250%		CA - 80.00%		Paid Off - 360		08/01/2004
1609480 1			283,500.00		283,211.52		29-Oct-2004		7.740%		CA - 90.00%		Paid Off - 360		07/01/2004
1615102 1			171,000.00		170,687.00		29-Oct-2004		8.500%		MD - 90.00%		Paid Off - 360		08/01/2004
1615843 3			360,000.00		359,152.38		04-Oct-2004		7.250%		IL - 80.00%		Paid Off - 360		08/01/2004
1616748 1			170,432.00		169,969.51		11-Oct-2004		6.525%		NV - 79.93%		Paid Off - 360		08/01/2004
1618123 1			136,000.00		135,770.75		18-Oct-2004		8.900%		GA - 85.00%		Paid Off - 360		08/01/2004
1619360 1			198,750.00		198,025.43		20-Oct-2004		6.500%		CA - 75.00%		Paid Off - 360		07/01/2004
1619360 1			198,750.00		198,025.43				6.500%		CA - 75.00%		Paid Off - 360



Page 22 of 29
Morgan Stanley ABS Capital I Inc. 2004-HE8

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-HE8

November 26, 2004 Distribution

Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original						Current		State &		Type Prepayment		First
Loan Number			Original						Current		State &		Type Prepayment

&		Loan	Principal		Prepayment		Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount		Date		Rate		Origination		Original Term		Date

1620722 1			288,000.00		288,000.00		15-Oct-2004		6.400%		CA - 80.00%		Paid Off - 360		08/01/2004
1620722 1			288,000.00		288,000.00		15-Oct-2004		6.400%		CA - 80.00%		Paid Off - 360		08/01/2004
1621939 1			266,500.00		266,500.00		27-Oct-2004		6.150%		CA - 68.16%		Paid Off - 360		08/01/2004
1623503 1			83,000.00		82,869.54		25-Oct-2004		9.250%		OH - 65.35%		Paid Off - 360		08/01/2004
1623822 1			200,000.00		200,000.00		27-Oct-2004		6.450%		CA - 80.00%		Paid Off - 360		08/01/2004
1631846 1			209,000.00		208,593.31		04-Oct-2004		8.200%		MN - 95.00%		Paid Off - 360		08/01/2004
1633559 1			136,000.00		135,770.75		25-Oct-2004		8.900%		CA - 80.00%		Paid Off - 360		08/01/2004
1634899 1			50,000.00		49,904.64		04-Oct-2004		8.300%		MI - 83.33%		Paid Off - 360		08/01/2004
1635114 1			225,500.00		224,860.91		25-Oct-2004		6.300%		RI - 89.84%		Paid Off - 360		08/01/2004
1635713 3			#######		341,367.58		14-Oct-2004		8.450%		NJ - 82.41%		Paid Off - 360		08/01/2004
1636267 1			142,250.00		141,934.46		05-Oct-2004		7.550%		MN - 86.21%		Paid Off - 360		08/01/2004
1636474 1			139,500.00		139,500.00		29-Oct-2004		8.000%		NV - 90.00%		Paid Off - 360		08/01/2004
1639208 1			154,500.00		154,231.35		08-Oct-2004		8.750%		CA - 75.00%		Paid Off - 360		08/01/2004
1641821 3			369,000.00		369,000.00		14-Oct-2004		7.000%		MA - 70.98%		Paid Off - 360		08/01/2004
1643378 1			129,600.00		129,308.18		25-Oct-2004		7.475%		OH - 90.00%		Paid Off - 360		08/01/2004
1644602 1			165,150.00		164,817.00		13-Oct-2004		8.025%		ME - 90.00%		Paid Off - 360		08/01/2004
1645493 1			254,000.00		253,237.63		15-Oct-2004		6.000%		CA - 79.87%		Paid Off - 360		08/01/2004
1652446 1			172,000.00		171,650.74		13-Oct-2004		7.990%		CA - 41.95%		Paid Off - 360		08/01/2004
1657014 1			226,100.00		225,650.99		29-Oct-2004		8.100%		IL - 95.00%		Paid Off - 360		08/01/2004
1657939 1			195,000.00		194,765.43		05-Oct-2004		10.500%		CA - 75.00%		Paid Off - 360		08/01/2004
1663927 1			238,000.00		237,477.32		22-Oct-2004		7.600%		MA - 70.00%		Paid Off - 360		08/01/2004


TOTAL			19,508,483.00		19,383,018.74
TOTAL


Page 23 of 29
Morgan Stanley ABS Capital I Inc. 2004-HE8

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-HE8

November 26, 2004 Distribution
Realized Loss Report

COLLATERAL REALIZED LOSSES



								Group 3		Group 2		Group 1		Total


*Current*
*Current*



Number of Loans Liquidated							0		0		0		0
Collateral Principal Realized Loss/(Gain) Amount							0.00		0.00		0.00		0.00
Collateral Interest Realized Loss/(Gain) Amount							0.00		0.00		0.00		0.00
Net Liquidation Proceeds							0.00		0.00		0.00		0.00

*Cumulative*
*Cumulative*



Number of Loans Liquidated							0		0		0		0
Collateral Realized Loss/(Gain) Amount							0.00		0.00		0.00		0.00
Net Liquidation Proceeds							0.00		0.00		0.00		0.00










Page 24 of 29
Morgan Stanley ABS Capital I Inc. 2004-HE8

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-HE8

November 26, 2004 Distribution


DEFAULT SPEEDS



								Group 3		Group 2		Group 1		Total



MDR							0.00%		0.00%		0.00%		0.00%
3 Months Avg MDR							0.00%		0.00%		0.00%		0.00%
12 Months Avg MDR							0.00%		0.00%		0.00%		0.00%
Avg MDR Since Cut-off							0.00%		0.00%		0.00%		0.00%


CDR							0.00%		0.00%		0.00%		0.00%
3 Months Avg CDR							0.00%		0.00%		0.00%		0.00%
12 Months Avg CDR							0.00%		0.00%		0.00%		0.00%
Avg CDR Since Cut-off							0.00%		0.00%		0.00%		0.00%


SDA							0.00%		0.00%		0.00%		0.00%
3 Months Avg SDA Approximation							0.00%		0.00%		0.00%		0.00%
12 Months Avg SDA Approximation							0.00%		0.00%		0.00%		0.00%
Avg SDA Since Cut-off Approximation							0.00%		0.00%		0.00%		0.00%


Loss Severity Approximation for Current Period							0.00%		0.00%		0.00%		0.00%
3 Months Avg Loss Severity Approximation							0.00%		0.00%		0.00%		0.00%
12 Months Avg Loss Severity Approximation							0.00%		0.00%		0.00%		0.00%
Avg Loss Severity Approximation Since Cut-off							0.00%		0.00%		0.00%		0.00%












Page 25 of 29
Morgan Stanley ABS Capital I Inc. 2004-HE8

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-HE8

November 26, 2004 Distribution





COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY
	Monthly Default Rate (MDR): (Beg Principal Balance of Liquidated Loans)/(Total Beg Principal Balance)



	Conditional Default Rate (CDR): 1-((1-MDR)^12)

	SDA Standard Default Assumption: CDR/IF(WAS<61,MIN(30,WAS)0.02,MAX(0.03,MIN(30,WAS)0.02-0.0095*(WAS-60)))

	Average MDR over period between nth month and mth month (AvgMDRn,m): [(1-MDRn)(1-MDRn+1)...*(1-MDRm)]^(1/months in period n,m)
	Average CDR over period between the nth month and mth month (AvgCDRn,m): 1-((1-AvgMDRn,m)^12)

	Average SDA Approximation over period between the nth month and mth month:
	AvgCDRn,m/IF(Avg WASn,m<61,MIN(30,Avg WASn,m)0.02,MAX(0.03,MIN(30,Avg WASn,m)0.02-0.0095*(Avg WASn,m-60)))

	Average WASn,m: (WASn + WASn+1 +...+ WASm )/(number of months in the period n,m)
	Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)

	Average Loss Severity Approximation over period between nth month and mth month: Avg(Loss Severityn,m)

	Note: Default rates are calculated since deal issue date and include realized gains and additional realized losses and gains from prior periods.
	Dates correspond to distribution dates.




Page 26 of 29
Morgan Stanley ABS Capital I Inc. 2004-HE8

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-HE8

November 26, 2004 Distribution
Realized Loss Detail Report
Loan Number			Current		State &			Prior		Realized				Cumulative
														Cumulative
&		Loan	Note		LTV at	Original		Principal		Loss/(Gain)		Realized		Realized

Loan Group		Status	Rate		Origination	Term		Balance		Revision		Loss/(Gain)		Loss/(Gain)
Loan Group		Status	Rate		Origination	Term		Balance		Revision		Loss/(Gain)		Loss/(Gain)




TOTAL



Page 27 of 29
Morgan Stanley ABS Capital I Inc. 2004-HE8

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-HE8

November 26, 2004 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS
TRIGGER EVENTS
							Group 3		Group 2		Group 1		Total
Trigger Event in effect (0=No , 1=Yes)													0
Stepdown Date has occurred (0 = No, 1=Yes)													0
Balances 60+ days includes Bankruptcy and Foreclosure													0.00
Ending Balance													1,376,240,968.50
Senior Enhancement Percentage													18.1000%



ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK



ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
							Group 3		Group 2		Group 1		Total
Basis Risk CarryForward Amount paid													0.00
Basis Risk CarryForward Amount unpaid													0.00
Excess Reserve Fund Account Balance													0.00




Page 28 of 29
Morgan Stanley ABS Capital I Inc. 2004-HE8

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-HE8

November 26, 2004 Distribution
Other Related Information
ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
							Group 3		Group 2		Group 1		Total
Current Scheduled Payments							3,710,763.45		1,030,109.73		4,529,451.77		9,270,324.95
Current Scheduled Payments 1 Month Prior							0.00		0.00		0.00		0.00
Current Scheduled Payments 2 Month Prior							0.00		0.00		0.00		0.00
Current Scheduled Payments 3 Month Prior							0.00		0.00		0.00		0.00
Current Scheduled Payments 4 Month Prior							0.00		0.00		0.00		0.00
Current Scheduled Payments 5 Month Prior							0.00		0.00		0.00		0.00
Current Scheduled Payments 6 Month Prior							0.00		0.00		0.00		0.00
Current Scheduled Payments 7 Month Prior							0.00		0.00		0.00		0.00
Current Scheduled Payments 8 Month Prior							0.00		0.00		0.00		0.00
Current Scheduled Payments 9 Month Prior							0.00		0.00		0.00		0.00
Current Scheduled Payments 10 Month Prior							0.00		0.00		0.00		0.00
Current Scheduled Payments 11 Month Prior							0.00		0.00		0.00		0.00





Sched. Payments for 60+Day Delinquent Loans							0.00		0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 1 Month Prior							0.00		0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 2 Month Prior							0.00		0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 3 Month Prior							0.00		0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 4 Month Prior							0.00		0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 5 Month Prior							0.00		0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 6 Month Prior							0.00		0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 7 Month Prior							0.00		0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 8 Month Prior							0.00		0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 9 Month Prior							0.00		0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 10 Month Prior							0.00		0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 11 Month Prior							0.00		0.00		0.00		0.00




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Morgan Stanley ABS Capital I Inc. Trust 2004-HE8 8-K/A