| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-NC3 |
| Closing Date | 4/16/2004 |
| Collateral Factor Date | 4/1/2007 |
| |
| Performance Summary | |
| Current Pool Factor | 13.62% |
| |
| Delinquency Status (*) | |
| 30+ Days | 8.22% |
| 60+ Days | 3.64% |
| 90+ Days | 1.56% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.47% |
| Foreclosure | 5.23% |
| REO | 5.83% |
| |
| Cumulative Net Loss | 0.61% |
| Loss Severity | 53.16% |
| |
| Prepayment Experience | |
| 1mo CPR | 46.42% |
| 3mo CPR | 40.51% |
| 6mo CPR | 43.02% |
| 9mo CPR | 43.21% |
| 12mo CPR | 45.16% |
| Life CPR | 48.00% |
|