| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-NC3 |
| Closing Date | 4/16/2004 |
| Collateral Factor Date | 6/1/2004 |
| |
| Performance Summary | |
| Current Pool Factor | 96.07% |
| |
| Delinquency Status (*) | |
| 30+ Days | 1.51% |
| 60+ Days | 0.32% |
| 90+ Days | 0.06% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 0.08% |
| Foreclosure | 0.16% |
| REO | 0.00% |
| |
| Cumulative Net Loss | 0.00% |
| Loss Severity | 0.00% |
| |
| Prepayment Experience | |
| 1mo CPR | 23.12% |
| Life CPR | 20.57% |
|