| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-NC1 |
| Closing Date | 1/29/2004 |
| Collateral Factor Date | 5/1/2004 |
| |
| Performance Summary | |
| Current Pool Factor | 91.38% |
| |
| Delinquency Status (*) | |
| 30+ Days | 1.56% |
| 60+ Days | 0.30% |
| 90+ Days | 0.02% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 0.09% |
| Foreclosure | 0.72% |
| REO | 0.00% |
| |
| Cumulative Net Loss | 0.00% |
| Loss Severity | 0.00% |
| |
| Prepayment Experience | |
| 1mo CPR | 30.72% |
| 3mo CPR | 25.76% |
| Life CPR | NA |
|