| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-NC3 |
| Closing Date | 4/16/2004 |
| Collateral Factor Date | 10/1/2004 |
| |
| Performance Summary | |
| Current Pool Factor | 83.98% |
| |
| Delinquency Status (*) | |
| 30+ Days | 2.77% |
| 60+ Days | 0.36% |
| 90+ Days | 0.11% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 0.35% |
| Foreclosure | 1.36% |
| REO | 0.05% |
| |
| Cumulative Net Loss | 0.00% |
| Loss Severity | 0.00% |
| |
| Prepayment Experience | |
| 1mo CPR | 38.45% |
| 3mo CPR | 34.82% |
| 6mo CPR | 28.72% |
| Life CPR | 28.72% |
|