| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-NC3 |
| Closing Date | 4/16/2004 |
| Collateral Factor Date | 9/1/2004 |
| |
| Performance Summary | |
| Current Pool Factor | 87.52% |
| |
| Delinquency Status (*) | |
| 30+ Days | 1.95% |
| 60+ Days | 0.34% |
| 90+ Days | 0.06% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 0.25% |
| Foreclosure | 1.34% |
| REO | 0.00% |
| |
| Cumulative Net Loss | 0.00% |
| Loss Severity | 0.00% |
| |
| Prepayment Experience | |
| 1mo CPR | 36.94% |
| 3mo CPR | 30.36% |
| Life CPR | 26.60% |
|