| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-NC3 |
| Closing Date | 4/16/2004 |
| Collateral Factor Date | 4/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 8.51% |
| |
| Delinquency Status (*) | |
| 30+ Days | 15.14% |
| 60+ Days | 11.54% |
| 90+ Days | 9.41% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 5.96% |
| Foreclosure | 6.55% |
| REO | 1.38% |
| |
| Cumulative Net Loss | 1.65% |
| Loss Severity | 62.49% |
| |
| Prepayment Experience | |
| 1mo CPR | 6.68% |
| 3mo CPR | 7.06% |
| 6mo CPR | 9.90% |
| 9mo CPR | 11.74% |
| 12mo CPR | 13.02% |
| Life CPR | 38.27% |
|