| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-NC3 |
| Closing Date | 4/16/2004 |
| Collateral Factor Date | 2/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 8.65% |
| |
| Delinquency Status (*) | |
| 30+ Days | 13.04% |
| 60+ Days | 9.87% |
| 90+ Days | 7.52% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 6.07% |
| Foreclosure | 6.72% |
| REO | 1.74% |
| |
| Cumulative Net Loss | 1.61% |
| Loss Severity | 62.18% |
| |
| Prepayment Experience | |
| 1mo CPR | 6.18% |
| 3mo CPR | 9.82% |
| 6mo CPR | 12.21% |
| 9mo CPR | 13.03% |
| 12mo CPR | 14.67% |
| Life CPR | 39.11% |
|