| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-NC1 |
| Closing Date | 1/29/2004 |
| Collateral Factor Date | 11/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 10.01% |
| |
| Delinquency Status (*) | |
| 30+ Days | 7.16% |
| 60+ Days | 3.66% |
| 90+ Days | 2.31% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.53% |
| Foreclosure | 2.82% |
| REO | 0.88% |
| |
| Cumulative Net Loss | 1.81% |
| Loss Severity | 87.46% |
| |
| Prepayment Experience | |
| 1mo CPR | 7.13% |
| 3mo CPR | 11.04% |
| 6mo CPR | 11.76% |
| 9mo CPR | 11.74% |
| 12mo CPR | 11.52% |
| Life CPR | 31.81% |
|