SECURITIES AND FUTURES AUTHORITY Sample Clauses

SECURITIES AND FUTURES AUTHORITY. CLASS B-2 PRINCIPAL For any Distribution Date, an amount equal to the DISTRIBUTION AMOUNT: excess of (x) the sum of (i) the aggregate Certificate Principal Balance of the Class A Certificates (after taking into account the payment of the Class A Principal Distribution Amount on such Distribution Date), (ii) the Certificate Principal Balance of the Class M-1 Certificates (after taking into account the payment of the Class M-1 Principal Distribution Amount on such Distribution Date), (iii) the Certificate Principal Balance of the Class M-2 Certificates (after taking into account the payment of the Class M-2 Principal Distribution Amount on such Distribution Date), (iv) the Certificate Principal Balance of the Class M-3 Certificates (after taking into account the payment of the Class M-3 Principal Distribution Amount on such Distribution Date), (v) the Certificate Principal Balance of the Class B-1 Certificates (after taking into account the payment of the Class B-1 Principal Distribution Amount on such Distribution Date) and (vi) the Certificate Principal Balance of the Class B-2 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) approximately 94.00% and (ii) the aggregate principal balance of the Mortgage Loans as of the last day of the related Due Period and (B) the excess, if any, of the aggregate principal balance of the Mortgage Loans as of the last day of the related Due Period over $5,025,049. CLASS B-3 PRINCIPAL For any Distribution Date, an amount equal to the DISTRIBUTION AMOUNT: excess of (x) the sum of (i) the aggregate Certificate Principal Balance of the Class A Certificates (after taking into account the payment of the Class A Principal Distribution Amount on such Distribution Date), (ii) the Certificate Principal Balance of the Class M-1 Certificates (after taking into account the payment of the Class M-1 Principal Distribution Amount on such Distribution Date), (iii) the Certificate Principal Balance of the Class M-2 Certificates (after taking into account the payment of the Class M-2 Principal Distribution Amount on such Distribution Date), (iv) the Certificate Principal Balance of the Class M-3 Certificates (after taking into account the payment of the Class M-3 Principal Distribution Amount on such Distribution Date), (v) the Certificate Principal Balance of the Class B-1 Certificates (after taking into account the payment of the Class B-1 Principal Distribution Amount on such Distributi...

SECURITIES AND FUTURES AUTHORITY. SCHEDULE OF AVAILABLE FUNDS AND SUPPLEMENTAL INTEREST RATE CAP RATES (CASH CAP) (1)(2) PERIOD A-2 CAP (%) A-3 CAP (%) M-1 CAP (%) M-2 CAP (%) M-3 CAP (%) B-1 CAP (%) B-2 CAP (%) B-3 CAP (%) ---------- ------------- -------------- -------------- -------------- -------------- -------------- -------------- -------------- ACTUAL/360 ACTUAL/360 ACTUAL/360 ACTUAL/360 ACTUAL/360 ACTUAL/360 ACTUAL/360 ACTUAL/360 111 12.05 12.12 11.51 11.51 11.51 11.51 11.51 - 112 12.08 12.15 11.51 11.51 11.51 11.51 11.51 - 113 12.52 12.59 11.89 11.89 11.89 11.89 11.89 - 114 12.15 12.21 11.51 11.51 11.51 11.51 11.51 - 115 12.59 12.66 11.89 11.89 11.89 11.89 11.89 - 116 12.22 12.28 11.50 11.50 11.50 11.50 11.50 - 117 12.25 12.32 11.50 11.50 11.50 11.50 11.50 - 118 13.61 13.68 12.73 12.73 12.73 12.73 12.73 - 119 12.33 12.40 11.50 11.50 11.50 11.50 - - 120 12.78 12.85 11.88 11.88 11.88 11.88 - - 121 12.41 12.48 11.50 11.50 11.50 11.50 - - 122 12.86 12.93 11.88 11.88 11.88 11.88 - - 123 12.49 12.56 11.50 11.50 11.50 11.50 - - 124 12.54 12.60 11.50 11.50 11.50 11.50 - - 125 13.00 13.07 11.88 11.88 11.88 11.88 - - 126 12.63 12.69 11.49 11.49 11.49 11.49 - - 127 13.10 13.17 11.88 11.88 11.88 11.88 - - 128 12.72 12.79 11.49 11.49 11.49 11.49 - - 129 12.77 12.84 11.49 11.49 11.49 11.49 - - 130 14.20 14.27 12.72 12.72 12.72 - - - 131 12.87 12.94 11.49 11.49 11.49 - - - 132 13.36 13.43 11.87 11.87 11.87 - - - 133 12.98 13.05 11.49 11.49 11.49 - - - 134 13.47 13.54 11.87 11.87 11.87 - - - 135 13.10 13.17 11.49 11.49 11.49 - - - 136 13.16 13.23 11.49 11.49 11.49 - - - 137 13.66 13.73 11.87 11.87 11.87 - - - 138 13.28 13.35 11.49 11.49 11.49 - - - 139 13.79 13.86 11.87 11.87 11.87 - - - 140 13.41 13.48 11.48 11.48 11.48 - - - 141 13.48 13.55 11.48 11.48 - - - - 142 15.00 15.08 12.71 12.71 - - - - 143 13.62 13.69 11.48 11.48 - - - - 144 14.15 14.22 11.86 11.86 - - - - 145 13.77 13.84 11.48 11.48 - - - - 146 14.31 14.38 11.86 11.86 - - - - 147 13.93 13.99 11.48 11.48 - - - -

SECURITIES AND FUTURES AUTHORITY. Page 1 of 2 -------------------------------------------------------------------------------- 2003-NC3 MORGAN STANLEY ------------------------------------------------------------------------------- ADJUSTABLE RATE LOANS --------------------------------------------------------------------------------------------------------------- % of Morgage Aggregate Pool by Avg Weighted Number Cut-off Aggregate Mortgage Average Weighted Weighted of Date Cut-off Loan Gross Average Average Weighted Range of Original Mortgage Principal Principal Principal Interest Gross Original Average LTV Ratios (%) Loans Balance Balance Balance Rate Margin LTV FICO Score ------------------------------------------------------------------------------------------------------------- 10.01 - 15.00 1 63,531.00 0.01 63,531.00 12.090 7.250 11.36 541.00 15.01 - 20.00 2 139,757.00 0.03 69,878.00 7.990 6.672 19.72 551.70 20.01 - 25.00 2 235,739.00 0.05 117,870.00 8.964 7.100 24.13 595.90 25.01 - 30.00 8 490,896.00 0.10 61,362.00 8.667 7.041 27.17 559.20 30.01 - 35.00 12 993,627.00 0.20 82,802.00 8.238 6.895 33.33 567.00 35.01 - 40.00 15 2,005,479.00 0.40 133,699.00 7.494 6.586 37.70 572.10 40.01 - 45.00 14 1,853,007.00 0.37 132,358.00 8.028 6.413 43.06 566.80 45.01 - 50.00 32 4,636,336.00 0.93 144,886.00 7.860 6.718 47.56 568.40 50.01 - 55.00 39 5,726,182.00 1.15 146,825.00 7.805 6.827 53.11 547.80 55.01 - 60.00 65 12,856,430.00 2.58 197,791.00 7.775 6.765 57.88 564.70 60.01 - 65.00 119 21,982,356.00 4.41 184,726.00 7.933 6.715 63.72 563.70 65.01 - 70.00 206 34,801,682.00 6.99 168,940.00 8.242 6.829 69.08 559.50 70.01 - 75.00 349 62,363,040.00 12.52 178,691.00 8.082 6.671 74.19 566.70 75.01 - 80.00 876 154,389,982.00 30.99 176,244.00 7.585 6.372 79.66 590.50 80.01 - 85.00 629 114,435,857.00 22.97 181,933.00 7.777 6.354 84.67 586.00 85.01 - 90.00 317 68,142,721.00 13.68 214,961.00 7.635 6.269 89.79 621.30 90.01 - 95.00 60 13,049,552.00 2.62 217,493.00 7.925 6.377 94.98 642.90 --------------------------------------------------------------------------------------------------------------- Total: 2746 498,166,173.00 100.00 181,415.00 7.783 6.460 78.81 587.1 --------------------------------------------------------------------------------------------------------------- Minimum: 11.36 Maximum: 95.00 Weighted Average: 78.81 --------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------...

SECURITIES AND FUTURES AUTHORITY. Notwithstanding anything to the contrary contained in a definitive Private Placement Memorandum or any transaction document, all persons may disclose to any and all persons, without limitation of any kind, the federal income tax treatment and tax structure of the securities described herein, any fact relevant to understanding the federal tax treatment or tax structure of the securities described herein, and all materials of any kind (including opinions or other tax analyses) relating to such federal tax treatment or tax structure. -------------------------------------------------------------------------------- Page 18 Schedule of Available Funds and Supplemental Interest Rate Cap Rates (Cash Cap) (1)(2) Period A-2 Cap (%) M-1 Cap (%) M-2 Cap (%) M-3 Cap (%) B-1 Cap (%) B-2 Cap (%) B-3 Cap (%) ------------- -------------- ------------- -------------- ------------- -------------- ------------- -------------- Actual/360 Actual/360 Actual/360 Actual/360 Actual/360 Actual/360 Actual/360 76 12.56 10.80 10.80 10.80 10.80 10.80 10.80 77 12.98 11.16 11.16 11.16 11.16 11.16 11.16 78 12.56 10.80 10.80 10.80 10.80 10.80 10.80 79 12.56 10.80 10.80 10.80 10.80 10.80 10.80 80 12.98 11.16 11.16 11.16 11.16 11.16 11.16 81 12.56 10.80 10.80 10.80 10.80 10.80 10.80 82 12.68 11.16 11.16 11.16 11.16 11.16 11.16 83 11.20 10.80 10.80 10.80 10.80 10.80 10.80 84 11.21 10.80 10.80 10.80 10.80 10.80 10.80 85 12.42 11.95 11.95 11.95 11.95 11.95 11.95 86 11.23 10.80 10.80 10.80 10.80 10.80 10.80 87 11.62 11.15 11.15 11.15 11.15 11.15 11.15 88 11.26 10.79 10.79 10.79 10.79 10.79 10.79 89 11.65 11.15 11.15 11.15 11.15 11.15 11.15 90 11.29 10.79 10.79 10.79 10.79 10.79 10.79 91 11.30 10.79 10.79 10.79 10.79 10.79 10.79 92 11.70 11.15 11.15 11.15 11.15 11.15 11.15 93 11.33 10.79 10.79 10.79 10.79 10.79 10.79 94 11.73 11.15 11.15 11.15 11.15 11.15 11.15 95 11.37 10.79 10.79 10.79 10.79 10.79 10.79 96 11.38 10.79 10.79 10.79 10.79 10.79 10.79 97 12.19 11.53 11.53 11.53 11.53 11.53 11.53 98 11.42 10.79 10.79 10.79 10.79 10.79 10.79 99 11.82 11.14 11.14 11.14 11.14 11.14 11.14 100 11.46 10.78 10.78 10.78 10.78 10.78 10.78 101 11.86 11.14 11.14 11.14 11.14 11.14 11.14 102 11.49 10.78 10.78 10.78 10.78 10.78 - 103 11.51 10.78 10.78 10.78 10.78 10.78 - 104 11.92 11.14 11.14 11.14 11.14 11.14 - 105 11.56 10.78 10.78 10.78 10.78 10.78 - 106 11.97 11.14 11.14 11.14 11.14 11.14 - 107 11.60 10.78 10.78 10.78 10.78 10.78 - 108 11.63 10.78 10.78 10.78 10.78 10.78 - 109 12.90 11.93 11.93 11.93 11.93 11....

SECURITIES AND FUTURES AUTHORITY. This information is being delivered to a specific number of prospective sophisticated investors in order to assist them in determining whether they have an interest in the type of security described herein. It has been prepared solely for information purposes and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. This material is based on information that Morgan Stanley & Co. Incorporated ("Morgan Stanley") considers relia▇▇▇. ▇o▇▇▇▇ ▇▇anley makes no represe▇▇▇▇▇▇n ▇▇ ▇▇▇ranty with respect to t▇▇ ▇▇▇u▇▇▇▇ ▇▇ completeness of the information, or with respect to the terms of any future offer of securities conforming to the terms hereof. Any such offer of securities would be made pursuant to a definitive Prospectus or Private Placement Memorandum, as the case may be, prepared by the issuer which could contain material information not contained herein and to which the prospective purchasers are referred. In the event of any such offering, this information shall be deemed superseded, amended and supplemented in its entirety by such Prospectus or Private Placement Memorandum. Such Prospectus or Private Placement Memorandum will contain all material information in respect of any securities offered thereby and any decision to invest in such securities should be made solely in reliance upon such Prospectus or Private Placement Memorandum. The information contained here in may be based on certain assumptions regarding market conditions and other matters and is therefore subject to change. We make no representations regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied on for such purposes. No representation is made that any returns indicated will be achieved. Changes to the assumptions may have a material impact on any returns detailed. Morgan Stanley disclaims any and all liability relating to this info▇▇▇▇▇▇n, ▇▇▇▇▇ding without limitation any express or implied representations or warranties for, statements contained in, and omissions from the information contained here in. Additional information is available upon request. Morgan Stanley and others associated with it may have positions in, ▇▇▇ ▇▇y ▇▇▇▇▇▇ transaction in, securities and instruments of issuers mentioned herein and may also perform or seek to perform investment banking service...

SECURITIES AND FUTURES AUTHORITY. Notwithstanding anything to the contrary contained in a definitive Private Placement Memorandum or any transaction document, all persons may disclose to any and all persons, without limitation of any kind, the federal income tax treatment and tax structure of the securities described herein, any fact relevant to understanding the federal tax treatment or tax structure of the securities described herein, and all materials of any kind (including opinions or other tax analyses) relating to such federal tax treatment or tax structure. -------------------------------------------------------------------------------- Page 16 TO MATURITY ----------- PERCENTAGE OF CLASS B-1 CERTIFICATE PRINCIPAL BALANCE OUTSTANDING DATES PPC 0% PPC 75% PPC 100% PPC 125% PPC 150% ------------------ ----------------- ----------------- ----------------- ----------------- ----------------- Initial 100 100 100 100 100 May 2004 100 100 100 100 100 May 2005 100 100 100 100 100 May 2006 100 100 100 100 100 May 2007 100 87 64 46 33 May 2008 100 70 48 32 20 May 2009 100 56 36 22 13 May 2010 100 45 27 15 0 May 2011 100 36 20 4 0 May 2012 100 29 15 0 0 May 2013 100 23 6 0 0 May 2014 100 19 0 0 0 May 2015 100 15 0 0 0 May 2016 100 10 0 0 0 May 2017 100 0 0 0 0 May 2018 100 0 0 0 0 May 2019 100 0 0 0 0 May 2020 100 0 0 0 0 May 2021 100 0 0 0 0 May 2022 100 0 0 0 0 May 2023 100 0 0 0 0 May 2024 100 0 0 0 0 May 2025 96 0 0 0 0 May 2026 87 0 0 0 0 May 2027 77 0 0 0 0 May 2028 66 0 0 0 0 May 2029 54 0 0 0 0 May 2030 41 0 0 0 0 May 2031 28 0 0 0 0 May 2032 13 0 0 0 0 May 2033 0 0 0 0 0 Average Life to 26.11 7.45 5.60 4.58 4.02 Maturity (years) Average Life to 26.02 7.03 5.29 4.33 3.82 Call (1) (years)

SECURITIES AND FUTURES AUTHORITY. MORGAN STANLEY DEAN WITTER CAPITAL I - 2001-NC3 MORGAN STANLEY 1,216 records Group II Balance: 236,720,555 ==================================================================================================================================== % of % of % of Mortgage Mortgage Mortgage Pool by % of Pool by Pool by Aggregate Mortgage Aggregate Aggregate Cut-off Pool by Cut-off Cut-off Date Aggregate Aggregate Weighted Date Date Principal Number Cut-off Cut-off Average Weighted Weighted Weighted Principal Principal Balance of Date Date Gross Average Average Average Balance Balance are Full Range of Maximum Mortgage Principal Principal Interest Original Remaining Original are Owner are Documen- Loan Rates (%) Loans Balance Balance Rate Term Term LTV Occupied Purchases tation -------------------- -------- ------------ --------- -------- -------- --------- -------- --------- --------- -------- Fixed Rate Loans 787 80,020,829 33.80 9.650 336 335 74.90 92.86 6.86 64.57 <= 15.000 88 32,910,455 13.90 7.667 360 358 77.67 97.89 9.45 53.82 15.001 -15.500 76 29,014,107 12.26 8.404 360 358 80.42 95.34 23.40 47.52 15.501 - 16.000 96 36,835,659 15.56 8.892 360 358 78.87 94.92 29.57 35.30 16.001 - 16.500 61 20,560,519 8.69 9.357 360 358 82.07 98.66 28.14 44.08 16.501 - 17.000 66 23,134,542 9.77 9.840 360 359 82.51 96.44 23.34 28.68 17.001 - 17.500 18 6,253,091 2.64 10.394 360 359 81.24 87.05 22.40 36.99 17.501 - 18.000 14 5,006,435 2.11 10.886 360 359 79.74 93.72 21.80 26.63 18.001 - 18.500 5 1,681,480 0.71 11.522 360 358 75.27 100.00 0.00 17.37 18.501 - 19.000 3 683,488 0.29 11.889 360 358 78.48 100.00 97.69 2.31 19.001 - 19.500 1 343,810 0.15 12.190 360 358 80.00 100.00 0.00 100.00 >20.000 1 276,138 0.12 13.580 360 358 85.00 100.00 0.00 100.00 Total: 1,216 236,720,555 100.00 9.171 352 350 78.25 94.99 17.16 49.19

SECURITIES AND FUTURES AUTHORITY. CONTIMORTGAGE HOME EQUITY LOAN TRUST 1998-3 -------------------------------------------------------------------------------- Group I Computational Materials Decrement Tables (continued) Class A-2 To Maturity Average Life 16.44 2.94 1.73 1.22 1.00 0.90 0.81 0.74 First Prin 10/15/09 3/15/00 9/15/99 6/15/99 5/15/99 4/15/99 4/15/99 3/15/99 Last Prin 12/15/18 4/15/03 4/15/01 6/15/00 2/15/00 12/15/99 10/15/99 9/15/99

SECURITIES AND FUTURES AUTHORITY. Notwithstanding anything to the contrary contained in a definitive Private Placement Memorandum or any transaction document, all persons may disclose to any and all persons, without limitation of any kind, the federal income tax treatment and tax structure of the securities described herein, any fact relevant to understanding the federal tax treatment or tax structure of the securities described herein, and all materials of any kind (including opinions or other tax analyses) relating to such federal tax treatment or tax structure.