| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-NC3 |
| Closing Date | 4/16/2004 |
| Collateral Factor Date | 11/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 8.08% |
| |
| Delinquency Status (*) | |
| 30+ Days | 18.14% |
| 60+ Days | 15.23% |
| 90+ Days | 12.46% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 6.35% |
| Foreclosure | 8.76% |
| REO | 0.84% |
| |
| Cumulative Net Loss | 1.78% |
| Loss Severity | 81.74% |
| |
| Prepayment Experience | |
| 1mo CPR | 4.11% |
| 3mo CPR | 6.22% |
| 6mo CPR | 6.77% |
| 9mo CPR | 6.68% |
| 12mo CPR | 7.49% |
| Life CPR | 35.57% |
|