| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-NC3 |
| Closing Date | 4/16/2004 |
| Collateral Factor Date | 1/1/2010 |
| |
| Performance Summary | |
| Current Pool Factor | 8.00% |
| |
| Delinquency Status (*) | |
| 30+ Days | 19.51% |
| 60+ Days | 15.74% |
| 90+ Days | 13.03% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 5.78% |
| Foreclosure | 9.79% |
| REO | 1.38% |
| |
| Cumulative Net Loss | 1.78% |
| Loss Severity | 100.00% |
| |
| Prepayment Experience | |
| 1mo CPR | 4.53% |
| 3mo CPR | 4.10% |
| 6mo CPR | 5.40% |
| 9mo CPR | 5.92% |
| 12mo CPR | 6.22% |
| Life CPR | 34.84% |
|