| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-NC3 |
| Closing Date | 4/16/2004 |
| Collateral Factor Date | 3/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 8.57% |
| |
| Delinquency Status (*) | |
| 30+ Days | 14.31% |
| 60+ Days | 10.57% |
| 90+ Days | 8.74% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 6.39% |
| Foreclosure | 6.63% |
| REO | 1.52% |
| |
| Cumulative Net Loss | 1.64% |
| Loss Severity | 100.00% |
| |
| Prepayment Experience | |
| 1mo CPR | 8.26% |
| 3mo CPR | 7.72% |
| 6mo CPR | 10.41% |
| 9mo CPR | 12.17% |
| 12mo CPR | 14.11% |
| Life CPR | 38.69% |
|