| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-NC3 |
| Closing Date | 4/16/2004 |
| Collateral Factor Date | 7/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 9.45% |
| |
| Delinquency Status (*) | |
| 30+ Days | 7.97% |
| 60+ Days | 4.29% |
| 90+ Days | 2.92% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 6.63% |
| Foreclosure | 6.04% |
| REO | 4.21% |
| |
| Cumulative Net Loss | 1.33% |
| Loss Severity | 67.16% |
| |
| Prepayment Experience | |
| 1mo CPR | 11.14% |
| 3mo CPR | 16.71% |
| 6mo CPR | 17.11% |
| 9mo CPR | 19.13% |
| 12mo CPR | 21.49% |
| Life CPR | 42.01% |
|