| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-NC3 |
| Closing Date | 4/16/2004 |
| Collateral Factor Date | 3/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 10.13% |
| |
| Delinquency Status (*) | |
| 30+ Days | 10.01% |
| 60+ Days | 6.89% |
| 90+ Days | 4.48% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 5.89% |
| Foreclosure | 6.57% |
| REO | 4.71% |
| |
| Cumulative Net Loss | 1.14% |
| Loss Severity | 75.24% |
| |
| Prepayment Experience | |
| 1mo CPR | 15.59% |
| 3mo CPR | 16.69% |
| 6mo CPR | 20.47% |
| 9mo CPR | 24.19% |
| 12mo CPR | 28.70% |
| Life CPR | 43.70% |
|