| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-NC3 |
| Closing Date | 4/16/2004 |
| Collateral Factor Date | 7/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 8.31% |
| |
| Delinquency Status (*) | |
| 30+ Days | 19.65% |
| 60+ Days | 14.62% |
| 90+ Days | 12.60% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 6.27% |
| Foreclosure | 6.02% |
| REO | 1.22% |
| |
| Cumulative Net Loss | 1.70% |
| Loss Severity | 96.78% |
| |
| Prepayment Experience | |
| 1mo CPR | 11.37% |
| 3mo CPR | 6.95% |
| 6mo CPR | 7.01% |
| 9mo CPR | 8.93% |
| 12mo CPR | 10.68% |
| Life CPR | 37.07% |
|