| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-NC3 |
| Closing Date | 4/16/2004 |
| Collateral Factor Date | 11/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 8.92% |
| |
| Delinquency Status (*) | |
| 30+ Days | 11.98% |
| 60+ Days | 6.67% |
| 90+ Days | 3.88% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 7.11% |
| Foreclosure | 5.29% |
| REO | 3.26% |
| |
| Cumulative Net Loss | 1.49% |
| Loss Severity | 67.47% |
| |
| Prepayment Experience | |
| 1mo CPR | 14.73% |
| 3mo CPR | 14.14% |
| 6mo CPR | 14.38% |
| 9mo CPR | 16.08% |
| 12mo CPR | 17.02% |
| Life CPR | 40.37% |
|