| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-NC3 |
| Closing Date | 4/16/2004 |
| Collateral Factor Date | 10/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 8.13% |
| |
| Delinquency Status (*) | |
| 30+ Days | 18.04% |
| 60+ Days | 15.10% |
| 90+ Days | 12.78% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 6.32% |
| Foreclosure | 8.13% |
| REO | 0.98% |
| |
| Cumulative Net Loss | 1.75% |
| Loss Severity | 100.00% |
| |
| Prepayment Experience | |
| 1mo CPR | 8.71% |
| 3mo CPR | 6.69% |
| 6mo CPR | 6.82% |
| 9mo CPR | 6.91% |
| 12mo CPR | 8.38% |
| Life CPR | 35.95% |
|