| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-NC5 |
| Closing Date | 6/30/2004 |
| Collateral Factor Date | 1/1/2012 |
| |
| Performance Summary | |
| Current Pool Factor | 9.33% |
| |
| Delinquency Status (*) | |
| 30+ Days | 11.44% |
| 60+ Days | 8.24% |
| 90+ Days | 6.21% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.43% |
| Foreclosure | 21.23% |
| REO | 3.49% |
| |
| Cumulative Net Loss | 2.42% |
| Loss Severity | 27.12% |
| |
| Prepayment Experience | |
| 1mo CPR | 4.38% |
| 3mo CPR | 4.42% |
| 6mo CPR | 5.31% |
| 9mo CPR | 4.76% |
| 12mo CPR | 4.81% |
| Life CPR | 25.84% |
|