| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-NC3 |
| Closing Date | 4/16/2004 |
| Collateral Factor Date | 5/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 8.46% |
| |
| Delinquency Status (*) | |
| 30+ Days | 16.43% |
| 60+ Days | 11.69% |
| 90+ Days | 10.00% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 5.94% |
| Foreclosure | 6.95% |
| REO | 1.26% |
| |
| Cumulative Net Loss | 1.66% |
| Loss Severity | 81.93% |
| |
| Prepayment Experience | |
| 1mo CPR | 4.41% |
| 3mo CPR | 6.48% |
| 6mo CPR | 8.18% |
| 9mo CPR | 10.49% |
| 12mo CPR | 11.55% |
| Life CPR | 37.83% |
|