| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-NC3 |
| Closing Date | 4/16/2004 |
| Collateral Factor Date | 6/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 9.55% |
| |
| Delinquency Status (*) | |
| 30+ Days | 8.21% |
| 60+ Days | 4.42% |
| 90+ Days | 2.63% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 6.61% |
| Foreclosure | 6.89% |
| REO | 3.92% |
| |
| Cumulative Net Loss | 1.31% |
| Loss Severity | 59.89% |
| |
| Prepayment Experience | |
| 1mo CPR | 16.48% |
| 3mo CPR | 19.64% |
| 6mo CPR | 18.28% |
| 9mo CPR | 20.26% |
| 12mo CPR | 23.13% |
| Life CPR | 42.50% |
|