| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-NC3 |
| Closing Date | 4/16/2004 |
| Collateral Factor Date | 9/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 8.20% |
| |
| Delinquency Status (*) | |
| 30+ Days | 18.31% |
| 60+ Days | 15.66% |
| 90+ Days | 12.15% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 6.67% |
| Foreclosure | 7.06% |
| REO | 0.99% |
| |
| Cumulative Net Loss | 1.74% |
| Loss Severity | 89.67% |
| |
| Prepayment Experience | |
| 1mo CPR | 5.76% |
| 3mo CPR | 7.60% |
| 6mo CPR | 6.48% |
| 9mo CPR | 6.91% |
| 12mo CPR | 8.66% |
| Life CPR | 36.30% |
|