| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-NC4 |
| Closing Date | 5/27/2004 |
| Collateral Factor Date | 1/1/2012 |
| |
| Performance Summary | |
| Current Pool Factor | 8.19% |
| |
| Delinquency Status (*) | |
| 30+ Days | 8.80% |
| 60+ Days | 3.79% |
| 90+ Days | 2.38% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.84% |
| Foreclosure | 5.51% |
| REO | 1.58% |
| |
| Cumulative Net Loss | 2.84% |
| Loss Severity | 61.68% |
| |
| Prepayment Experience | |
| 1mo CPR | 22.32% |
| 3mo CPR | 15.46% |
| 6mo CPR | 13.01% |
| 9mo CPR | 10.97% |
| 12mo CPR | 10.24% |
| Life CPR | 26.85% |
|