ACE Securities Corp. Home Equity Loan Trust, Series 2006-NC3 FWP Free writing prospectus

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

FREE WRITING PROSPECTUS

The following is a free writing prospectus. The information in this free writing prospectus is preliminary and is subject to completion or change.

FREE WRITING PROSPECTUS

ACE Securities Corp.

$1,460,853,000 (Approximate)

Home Equity Loan Trust

Series 2006-NC3

ACE Securities Corp.

(Depositor)

ACE Securities Corp. Home Equity Loan Trust, Series 2006-NC3

(Issuing Entity)

November 13, 2006

The depositor has filed a registration statement (including a prospectus) with the SEC for the offering to which this free writing prospectus relates. Before you invest, you should read the prospectus in that registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the depositor, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling DBSI’s trading desk at 212-250-7730. This free writing prospectus is not required to contain all information that is required to be included in the base prospectus and the prospectus supplement. The information in this free writing prospectus is preliminary and is subject to completion or change. The information in this free writing prospectus, if conveyed prior to the time of your commitment to purchase, supersedes information contained in any prior similar free writing prospectus relating to these securities. THIS FREE WRITING PROSPECTUS IS NOT AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY THESE SECURITIES IN ANY STATE WHERE SUCH OFFER, SOLICITATION OR SALE IS NOT PERMITTED. The information in this free writing prospectus may be based on preliminary assumptions about the pool assets and the structure. Any such assumptions are subject to change.

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

The analysis in this report is based on information provided by ACE Securities Corp. (the “Depositor”). Investors are urged to read the base prospectus and the prospectus supplement and other relevant documents filed or to be filed with the Securities and Exchange Commission because they contain important information. Such documents may be obtained without charge at the Securities and Exchange Commission's website. Once available, the base prospectus and prospectus supplement may be obtained without charge by contacting Deutsche Bank Securities Inc.’s (“DBSI”) trading desk at (212) 250-7730. This free writing prospectus is not required to contain all information that is required to be included in the base prospectus and the prospectus supplement (collectively, the “Prospectus”). The information in this free writing prospectus is preliminary and is subject to completion or change. The information in this free writing prospectus, if conveyed prior to the time of your commitment to purchase, supersedes information contained in any prior similar free writing prospectus relating to these securities. This free writing prospectus is not an offer to sell or a solicitation of an offer to buy these securities in any state where such offer, solicitation or sale is not permitted. You should consult your own counsel, accountant, and other advisors as to the legal, tax, business, financial and related aspects of a purchase of these securities.

The attached information contains certain tables and other statistical analyses (the “Computational Materials”) which have been prepared by DBSI in reliance upon information furnished by the Depositor. Numerous assumptions were used in preparing the Computational Materials that may or may not be reflected herein. As such, no assurance can be given as to whether the Computational Materials and/or the assumptions upon which they are based reflect present market conditions or future market performance. These Computational Materials should not be construed as either projections or predictions or as legal, tax, financial or accounting advice. Any weighted average lives, yields and principal payment periods shown in the Computational Materials are based on prepayment assumptions, and changes in such prepayment assumptions may dramatically affect such weighted average lives, yields and principal payment periods. In addition, it is possible that prepayments on the underlying assets will occur at rates slower or faster than the rates shown in the attached Computational Materials. Furthermore, unless otherwise provided, the Computational Materials assume no losses on the underlying assets and no interest shortfalls. The specific characteristics of the securities may differ from those shown in the Computational Materials by a permitted variance of +/- 10% prior to issuance. Neither DBSI nor any of its affiliates makes any representation or warranty as to the actual rate or timing of payments on any of the underlying assets or the payments or yield on the securities.

An investor or potential investor in the certificates (and each employee, representative, or other agent of such person or entity) may disclose to any and all persons, without limitation, the tax treatment and tax structure of the transaction (as defined in United States Treasury Regulation Section 1.6011-4) and all related materials of any kind, including opinions or other tax analyses, that are provided to such person or entity. However, such person or entity may not disclose any other information relating to this transaction unless such information is related to such tax treatment and tax structure.

THIS INFORMATION IS FURNISHED TO YOU SOLELY BY DBSI AND NOT BY THE ISSUING ENTITY OF THE SECURITIES OR ANY OF ITS AFFILIATES. DBSI IS ACTING AS UNDERWRITER AND NOT ACTING AS AGENT FOR THE ISSUING ENTITY IN CONNECTION WITH THE PROPOSED TRANSACTION.

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

FREE WRITING PROSPECTUS DATED November 13, 2006

ACE Securities Corp.

Home Equity Loan Trust, Series 2006-NC3

$1,460,853,000 (Approximate)

All dollar amounts and percentages contained herein are subject to a permitted variance of +/- 10%

Structure Overview

To 10% Optional Termination

Class	Approximate Size ($)		Type		WAL (yrs)		Principal Payment Window (months)		Pmt Delay (days)		Interest Accrual Basis		Legal Final Maturity		Expected Ratings S&P / Moody’s / DBRS
Offered Certificates:
A-1A		411,186,000		Float		2.45		1 - 84		0		ACT/360		December 2036		AAA / Aaa / AAA
A-1B		310,606,000		Float		2.48		1 - 84		0		ACT/360		December 2036		AAA / Aaa / AAA
A-2A		238,015,000		Float		1.00		1 - 22		0		ACT/360		December 2036		AAA / Aaa / AAA
A-2B		94,679,000		Float		2.00		22 - 28		0		ACT/360		December 2036		AAA / Aaa / AAA
A-2C		78,157,000		Float		3.00		28 - 53		0		ACT/360		December 2036		AAA / Aaa / AAA
A-2D		89,489,000		Float		6.12		53 - 84		0		ACT/360		December 2036		AAA / Aaa / AAA
M-1		49,546,000		Float		3.53		40 - 45		0		ACT/360		December 2036		AA+ / Aa1 / AA (High)
M-2		45,042,000		Float		4.93		45 - 80		0		ACT/360		December 2036		AA / Aa2 / AA
M-3		27,025,000		Float		6.97		80 - 84		0		ACT/360		December 2036		AA- / Aa3 / AA (Low)
M-4		24,773,000		Float		4.74		39 - 84		0		ACT/360		December 2036		A+ / A1 / A (High
M-5		24,022,000		Float		4.71		39 - 84		0		ACT/360		December 2036		A / A2 / A
M-6		21,770,000		Float		4.70		38 - 84		0		ACT/360		December 2036		A- / A3 / A (Low)
M-7		21,019,000		Float		4.69		38 - 84		0		ACT/360		December 2036		BBB+ / Baa1 / BBB (High)
M-8		12,011,000		Float		4.69		38 - 84		0		ACT/360		December 2036		BBB / Baa2 / BBB
M-9		13,513,000		Float		4.67		37 - 84		0		ACT/360		December 2036		BBB- / Baa3 / BBB (Low)

Total Offered	$	1,460,853,000

Non-Offered Certificates
M-10		7,507,000	Float	* Not Offered *
M-11		14,263,000	Float	* Not Offered *
Total Non-Offered	$	21,770,000

Total	$	1,482,623,000

Pricing Speed
Fixed-Rate Mortgage Loans:		100% PPC (4% CPR growing to 23% CPR over 12 months, and 23% CPR for each month thereafter)

Adjustable-Rate Mortgage Loans:		100% PPC (5% CPR in month 1, an additional 2% CPR for each month thereafter, building to 27% CPR in month 12 and remaining constant at 27% CPR until month 23, increasing to and remaining constant at 60% CPR from month 24 until month 27 and decreasing and remaining constant at 30% CPR from month 28 and thereafter; provided, however, the prepayment rate will not exceed 85% CPR per annum in any period for any percentage of PPC)

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

Transaction Overview (Cont.)

Certificates:		The Class A-1A Certificates, Class A-1B Certificates and the Class A-2A, Class A-2B, Class A-2C and Class A-2D Certificates (collectively, the “Class A-2 Certificates”; and together with the Class A-1A and Class A-1B Certificates, the “Senior Certificates” or “Class A Certificates”), the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9, Class M-10 and Class M-11 Certificates (collectively, the “Mezzanine Certificates” or “Class M Certificates”). The Class A-1A Certificates are backed by fixed-rate and adjustable-rate first and second lien mortgage loans with conforming principal balances (the “Group IA Mortgage Loans”), the Class A-1B Certificates are backed by fixed-rate and adjustable-rate first and second lien mortgage loans with conforming principal balances (the “Group IB Mortgage Loans”) and the Class A-2 Certificates are backed by fixed-rate and adjustable-rate first and second lien mortgage loans with conforming and non-conforming principal balances (the “Group II Mortgage Loans”). The Mezzanine Certificates are backed by the Group IA Mortgage Loans, Group IB Mortgage Loans and Group II Mortgage Loans (collectively, the “Mortgage Loans”). The Senior Certificates and the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8 and Class M-9 Certificates are the only certificates offered by this free writing prospectus (collectively, the “Offered Certificates”). The trust will also issue the Class M-10 Certificates, the Class M-11 Certificates, the Class CE Certificates, the Class P Certificates and the Class R Certificates which are not offered hereby. The pass-through rates on the Senior Certificates will be the lesser of (i) One-Month LIBOR plus their respective margins and (ii) the applicable Net WAC Pass-Through Rate. The pass-through rates on the Mezzanine Certificates will be the lesser of (i) One-Month LIBOR plus their respective margins and (ii) the applicable Net WAC Pass-Through Rate.


Collateral:		As of the Cut-off Date, the Mortgage Loans will consist of approximately 8,193 adjustable-rate and fixed-rate, first and second lien, closed-end, mortgage loans. The aggregate outstanding principal balance of the Mortgage Loans is approximately $1,501,392,227 as of the Cut-off Date. The Mortgage Loans will be separated into three groups. The Group IA Mortgage Loans will consist of approximately 3,216 conforming principal balance fixed-rate and adjustable-rate Mortgage Loans totaling approximately $505,142,994, the Group IB Mortgage Loans will consist of approximately 2,359 conforming principal balance fixed-rate and adjustable-rate Mortgage Loans totaling approximately $381,580,444 and the Group II Mortgage Loans will consist of approximately 2,618 conforming and non-conforming principal balance fixed and adjustable-rate Mortgage Loans totaling approximately $614,668,789.

		As of the Cut-off Date, approximately 0.19% of the mortgage loans by aggregate principal balance will be 30 days delinquent. No mortgage loan will be greater than 30 days delinquent on the Closing Date.

Class A Certificates:		Class A-1A, Class A-1B, Class A-2A, Class A-2B, Class A-2C and Class A-2D Certificates

Class M Certificates:		Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9, Class M-10 and Class M-11 Certificates

Depositor:		ACE Securities Corp. (“ACE”)

Issuing Entity:		ACE Securities Corp. Home Equity Loan Trust, Series 2006-NC3. The Issuing Entity is also referred to herein as the trust.

Originator:		New Century Mortgage Corporation

Master Servicer and Securities Administrator:		Wells Fargo Bank, National Association

Servicer:		Countrywide Home Loans Servicing, LP

Trustee:		HSBC Bank USA, National Association

Custodians:		Wells Fargo Bank, National Association and Deutsche Bank National Trust Company

Credit Risk Manager:		Clayton Fixed Income Services Inc. (formerly known as The Murrayhill Company)

Underwriter:		Deutsche Bank Securities Inc.

Co-Manager:		SG Americas Securities, LLC

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

Transaction Overview (Cont.)

Swap Provider:		TBD

Cut-off Date:		November 1, 2006

Expected Pricing:		Week of November 13, 2006

Expected Closing Date:		On or about November 30, 2006

Record Date:		For so long as the Class A Certificates and Class M Certificates are held in book-entry form, the Record Date will be the business day immediately preceding the related Distribution Date. With respect to any certificates held in definitive form, the Record Date will be the last business day of the month immediately preceding the month in which the related Distribution Date occurs.

Distribution Date:		The 25^th day of each month (or the next business day if such day is not a business day) commencing in December 2006.

Determination Date:		The Determination Date with respect to any Distribution Date is the 18^th day of the month in which the Distribution Date occurs or, if such day is not a business day, on the immediately preceding business day.

Servicer Remittance Date:		The 22^nd day of the month in which such Distribution Date occurs; provided that if such 22^nd day of a given month is not a business day, the Servicer Remittance Date for such month shall be the business day immediately preceding such 22^nd day.

Due Period:		The Due Period with respect to any Distribution Date commences on the second day of the month immediately preceding the month in which such Distribution Date occurs and ends on the first day of the month in which such Distribution Date occurs.

Prepayment Period:		The Prepayment Period with respect to any Distribution Date shall be the period from the 16th day of the month immediately preceding the Distribution Date to the 15th day of the month of the Distribution Date.

Interest Accrual Period:		Interest will initially accrue on the Class A Certificates and Class M Certificates from the Closing Date to (but excluding) the first Distribution Date, and thereafter, from the prior Distribution Date to (but excluding) the current Distribution Date on an actual/360 basis. The Class A Certificates and Class M Certificates will initially settle flat (no accrued interest).

Interest Distribution Amount:		For the Certificates of any class on any Distribution Date is equal to interest accrued during the related Interest Accrual Period on the certificate principal balance of that class immediately prior to such Distribution Date at the then applicable pass-through rate for such class, and reduced (to not less than zero), in the case of each such class, by the allocable share, if any, for such class of prepayment interest shortfalls to the extent not covered by Compensating Interest paid by the Master Servicer or the Servicer and shortfalls resulting from the application of the Servicemembers’ Civil Relief Act or similar state or local laws.

Senior Interest Distribution Amount:		For the Class A Certificates on any Distribution Date is an amount equal to the sum of the Interest Distribution Amount for such Distribution Date for each such class and the Interest Carry Forward Amount, if any, for such Distribution Date for each such class.

Administration Fee Rate:		The Master Servicer, Servicer and Credit Risk Manager will be paid monthly fees on the outstanding principal balance of the Mortgage Loans. These fees initially aggregate to a weighted average cost of approximately 0.5135% per annum for the Mortgage Loans.

Prepayment Interest Shortfalls:		Interest shortfalls attributable to voluntary principal prepayments on the Mortgage Loans.

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

Transaction Overview (Cont.)

Compensating Interest:		On each distribution Date, the Servicer will be required to cover Prepayment Interest Shortfalls on voluntary prepayments in full on the Mortgage Loans received from the 16th day of the month prior to the month of such Distribution Date to the last day of such prior month, up to the Servicing Fee payable to the Servicer for such Distribution Date. If the Servicer fails to make any required Compensating Interest payment, the Master Servicer will be required to do so up to the amount of the compensation payable to the Master Servicer for such Distribution Date.

Optional Termination:		On any Distribution Date on which the aggregate outstanding principal balance of the Mortgage Loans (and properties acquired in respect of the Mortgage Loans) remaining in the trust as of the last day of the related Due Period has been reduced to less than or equal to 10% of the aggregate outstanding principal balance of the Mortgage Loans as of the Cut-off Date, the Master Servicer may purchase all of the Mortgage Loans and REO properties remaining in the trust, causing an early retirement of the certificates, but is not required to do so.

Monthly Servicer Advances:		The Servicer will collect monthly payments of principal and interest on the Mortgage Loans and will be obligated to make advances of delinquent monthly principal and interest payments. The Servicer is required to advance delinquent payments of principal and interest on the Mortgage Loans only to the extent such amounts are deemed recoverable by the Servicer. If the Servicer fails to make any such advance, the Master Servicer will be required to do so subject to its determination of recoverability. The Servicer and the Master Servicer are entitled to be reimbursed for these advances, and therefore these advances are not a form of credit enhancement.

Credit Enhancement:		1) Excess Interest; 2) Overcollateralization (“OC”); and 3) Subordination

Allocation of Losses:		Any Realized Losses on the Mortgage Loans will be allocated on any Distribution Date, first, to Net Monthly Excess Cashflow and Net Swap Payments received from the Swap Provider and available for this purpose, if any, second, to the Class CE Certificates, third, to the Class M-11 Certificates, fourth, to the Class M-10 Certificates, fifth, to the Class M-9 Certificates, sixth, to the Class M-8 Certificates, seventh, to the Class M-7 Certificates, eighth, to the Class M-6 Certificates, ninth, to the Class M-5 Certificates, tenth, to the Class M-4 Certificates, eleventh, to the Class M-3 Certificates, twelfth, to the Class M-2 Certificates and thirteenth, to the Class M-1 Certificates. There will be no allocation of Realized Losses to the Class A Certificates. Investors in the Class A Certificates should note, however, that although Realized Losses cannot be allocated to such certificates, under certain loss scenarios there may not be enough principal and interest on the Mortgage Loans to distribute to the holders of the Class A Certificates all principal and interest amounts to which they are then entitled. Once Realized Losses have been allocated to the Mezzanine Certificates, such amounts with respect to such Certificates will no longer accrue interest and such amounts will not be reinstated thereafter. However, the amount of any Realized Losses allocated to the Mezzanine Certificates may be distributed to such certificates on a subordinated basis on any Distribution Date from Net Monthly Excess Cashflow, if any is available for such Distribution Date and any Net Swap Payments paid by the Swap Provider and available for this purpose.

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

Transaction Overview (Cont.)

Required Overcollateralization Amount:		Overcollateralization refers to the amount by which the aggregate principal balance of the Mortgage Loans exceeds the aggregate certificate principal balance of the Certificates. This excess (the “Overcollateralization Amount”) is intended to protect the certificateholders against shortfalls in payments on the Certificates. The Required Overcollateralization Amount for the Certificates, which will be fully established at issuance, is anticipated to be approximately 1.25% of the aggregate principal balance of the Mortgage Loans as of the Cut-off Date. On or after the Stepdown Date and provided that a trigger event is not in effect, the Required Overcollateralization Amount may be permitted to decrease to approximately 2.50% of the aggregate principal balance of the Mortgage Loans as of the last day of the related Due Period, subject to a floor amount of approximately 0.50% of the aggregate outstanding principal balance of the Mortgage Loans as of the Cut-off Date. If, due to losses, the Overcollateralization Amount is reduced below the Required Overcollateralization Amount, excess spread, to the extent available will be paid to the Certificates then entitled to receive distributions in respect of principal in order to reduce the certificate principal balance of such certificates to the extent necessary to reach the Required Overcollateralization Amount. In addition, Net Swap Payments paid by the Swap Provider may be used to restore or maintain the Required Overcollateralization Amount.

Overcollateralization Increase Amount:		An Overcollateralization Increase Amount for any Distribution Date is the lesser of (i) the Net Monthly Excess Cashflow and Net Swap payments received from the Swap Provider and available for that purpose for that Distribution Date and (ii) the excess of the Required Overcollateralization Amount over the current Overcollateralization Amount.

Overcollateralization Reduction Amount:		An Overcollateralization Reduction Amount for any Distribution Date is the amount by which the current Overcollateralization Amount exceeds the Required Overcollateralization Amount after taking into account all other distributions to be made on the Distribution Date limited to the distribution of principal on the Mortgage Loans.

Stepdown Date:		Is the earlier of (i) the first Distribution Date following the distribution date on which the aggregate certificate principal balances of the Class A Certificates have been reduced to zero and (ii) the later to occur of (x) the Distribution Date occurring in December 2009 and (y) the first Distribution Date on which the Credit Enhancement Percentage (calculated for this purpose only after taking into account distributions of principal on the Mortgage Loans, but prior to any distribution of principal to the holders of the Certificates) is equal to or greater than approximately 37.20%.

Credit Enhancement Percentage:		As of the Closing Date the Initial Credit Enhancement Percentage is as set forth below under the heading “Initial CE %”. The Credit Enhancement Percentage for any class and any Distribution Date is the percentage obtained by dividing (x) the aggregate certificate principal balance of the class or classes subordinate thereto (which includes the Overcollateralization Amount) by (y) the aggregate principal balance of the Mortgage Loans, calculated after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period and distribution of the Principal Distribution Amount to the holders of the certificates then entitled to distributions of principal on the Distribution Date.

Class	(S/M/D)	Initial CE %	CE % On/After Step Down Date
A	AAA / Aaa / AAA	18.60%	37.20%
M-1	AA+ / Aa1 / AA (High)	15.30%	30.60%
M-2	AA / Aa2 / AA	12.30%	24.60%
M-3	AA- / Aa3 / AA (Low)	10.50%	21.00%
M-4	A+ / A1 / A (High)	8.85%	17.70%
M-5	A / A2 / A	7.25%	14.50%
M-6	A- / A3 / A (Low)	5.80%	11.60%
M-7	BBB+ / Baa1 / BBB (High)	4.40%	8.80%
M-8	BBB / Baa2 / BBB	3.60%	7.20%
M-9	BBB- / Baa3 / BBB (Low)	2.70%	5.40%
M-10	BB+ / Ba1 / BB (High)	2.20%	4.40%
M-11	BB / Ba2 / BB	1.25%	2.50%

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

Transaction Overview (Cont.)

Net Monthly Excess Cashflow:			For any Distribution Date is equal to the sum of (i) any Overcollateralization Reduction Amount and (ii) the excess of the Available Distribution Amount, net of any Net Swap Payment and any Swap Termination Payment, if any, required to be made by the Securities Administrator, on behalf of the supplemental interest trust (not caused by the occurrence of a Swap Provider trigger event) (described below), to the Swap Provider under the Swap Agreement, over the sum of (w) with respect to the Class A Certificates, the Senior Interest Distribution Amount for such Distribution Date, (x) with respect to the Mezzanine Certificates, the Interest Distribution Amount for such Distribution Date and (y) the principal collected on the mortgage loans.

Net WAC Pass-Through Rate:			Class A-1A, Class A-1B or Class A-2 Certificates: The per annum rate (subject to adjustment based on the actual number of days elapsed in the related Interest Accrual Period) equal to the product of 12 and a fraction, expressed as a percentage, the numerator of which is the amount of interest which accrued on the Mortgage Loans in the related loan group during the related Due Period minus the fees payable to the Servicer, the Master Servicer and the Credit Risk Manager with respect to the related Mortgage Loans for such Distribution Date and the Group IA, Group IB or Group II Allocation Percentage, as applicable, of any Net Swap Payment and any Swap Termination Payment (not caused by the occurrence of a Swap Provider trigger event) payable to the Swap Provider for such Distribution Date and the denominator of which is the aggregate principal balance of the Mortgage Loans in the related loan group as of the last day of the immediately preceding Due Period (or as of the Cut-off Date with respect to the first Distribution Date).

Net WAC Pass-Through Rate (Continued):			Mezzanine Certificates: The per annum rate equal to (x) the weighted average (weighted in proportion to the results of subtracting from the aggregate principal balance of each loan group, the current certificate principal balance of the related Class A Certificates) of (i) the Net WAC Pass-Through Rate for the Class A-1A Certificates, (ii) the Net WAC Pass-Through Rate for the Class A-1B Certificates and (iii) the Net WAC Pass-Through Rate for the Class A-2 Certificates. Group IA Allocation Percentage: The aggregate principal balance of the Group IA Mortgage Loans divided by the sum of the aggregate principal balance of the Group IA, Group IB and the Group II Mortgage Loans. Group IB Allocation Percentage: The aggregate principal balance of the Group IB Mortgage Loans divided by the sum of the aggregate principal balance of the Group IA, Group IB and the Group II Mortgage Loans. Group II Allocation Percentage: The aggregate principal balance of the Group II Mortgage Loans divided by the sum of the aggregate principal balance of the Group IA, Group IB and the Group II Mortgage Loans.

Net WAC Rate Carryover Amount:			On any Distribution Date the “Net WAC Rate Carryover Amount” for any Class of Certificates will be equal to the sum of (i) the excess of, if any, (a) the amount of interest that would have accrued on such class based on one month LIBOR plus the related margin over (b) the amount of interest accrued on such class based on the related Net WAC Pass-Through Rate and (ii) the unpaid portion of any related Net WAC Rate Carryover Amount from the prior Distribution Date together with interest accrued on such unpaid portion at a rate equal to one month LIBOR plus the related margin for the most recently ended Interest Accrual Period. Any Net WAC Rate Carryover Amount will be paid on such Distribution Date or future Distribution Dates to the extent of funds available. The Net WAC Rate Carryover Amount will be distributed from certain amounts received by the Securities Administrator, on behalf of the supplemental interest trust (described below), under the Swap Agreement, if any, and from the Net Monthly Excess Cashflow on a subordinated basis on the same Distribution Date or on any subsequent Distribution Date to the extent of available funds. The ratings on each class of Certificates do not address the likelihood of the payment of any Net WAC Rate Carryover Amount from Net Monthly Excess Cashflow.

Transaction Overview (Cont.)

Swap Agreement:		On the Closing Date, the Trustee will enter into a Swap Agreement with the Swap Provider identified in the final prospectus supplement. The Swap Agreement will have an initial notional amount of $1,501,392,227. Beginning with the Distribution Date in December 2006, the Trust (through a supplemental interest trust) will be obligated to pay to the Swap Provider an amount equal to the product of (i) [5.05]%, (ii) the Swap Notional Amount (as defined below) and (iii) a fraction, the numerator of which is 30 (or in the case of the first Distribution Date 25) and the denominator of which is 360, and the Swap Provider will be obligated to pay to the supplemental interest trust, for the benefit of the holders of the Class A Certificates and Class M Certificates, an amount equal to the product of (i) one-month LIBOR, (ii) the Swap Notional Amount and (iii) a fraction, the numerator of which is the actual number of days elapsed during the related Interest Accrual Period and the denominator of which is 360, until the Swap Agreement is terminated. The “Swap Notional Amount” for each Distribution Date will be equal to the scheduled swap notional amount set forth in the Swap Agreement for such Distribution Date. Only the net amount of the two obligations will be paid by the appropriate party (the “Net Swap Payment”). See the attached schedule. A separate trust created under the pooling and servicing agreement (the “Supplemental Interest Trust”) will hold the Swap Agreement. The Swap Agreement and any payments made by the Swap Provider thereunder will be assets of the Supplemental Interest Trust but will not be assets of any REMIC. Upon early termination of the Swap Agreement, the Securities Administrator on behalf of the Supplemental Interest Trust or the Swap Provider may be liable to make a termination payment (the ‘‘Swap Termination Payment’’) to the other party (regardless of which party caused the termination). The Swap Termination Payment will be computed in accordance with the procedures set forth in the Swap Agreement. In the event that the Securities Administrator, on behalf of the Supplemental Interest Trust, is required to make a Swap Termination Payment, that payment will be paid on the related Distribution Date, and on any subsequent Distribution Dates until paid in full, generally, prior to distributions to Certificateholders.

Available Distribution Amount:		For any Distribution Date, net of the administration fees, an amount equal to (i) the aggregate amount of scheduled monthly payments on the Mortgage Loans due on the related Due Date and received on or prior to the related Determination Date; (ii) unscheduled payments in respect of the Mortgage Loans (including prepayments, insurance proceeds, liquidation proceeds, subsequent recoveries and proceeds from repurchases of and substitutions for the Mortgage Loans received during the related Prepayment Period or proceeds from the repurchase of the Mortgage Loans due to the Optional Termination of the Trust); (iii) all P&I Advances with respect to the Mortgage Loans received for the Distribution Date; and (iv) all Compensating Interest paid by the Servicer or the Master Servicer in respect of Prepayment Interest Shortfalls for the related Prepayment Period.

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

Transaction Overview (Cont.)

Class A Principal Distribution Amount:		Until the Stepdown Date, the Class A Principal Distribution Amount will be distributed to the holders of the Class A-1A, Class A-1B and the Class A-2 Certificates concurrently, on a pro rata basis based on the related Class A principal allocation percentage (for any Distribution Date, the percentage equivalent of a fraction, the numerator of which is the principal remittance amount for the Group IA Mortgage Loans (in the case of the Class A-1A Certificates) the principal remittance amount for the Group IB Mortgage Loans (in the case of the Class A-1B Certificates) or the principal remittance amount for the Group II Mortgage Loans (in the case of the Class A-2 Certificates) and the denominator of which is equal to the principal remittance amount for all of the Mortgage Loans).

		Until the Stepdown Date, or if a Trigger Event occurs, the Class A Certificates will receive the principal collected on the Mortgage Loans plus any excess interest and any Net Swap Payment received from the Swap Provider (and available for such purpose) and required to maintain or restore the Required Overcollateralization Amount until the aggregate certificate principal balance of the Class A Certificates has been reduced to zero. On or after the Stepdown Date, if no Trigger Event occurs, principal paid on the Class A Certificates will be an amount such that the Class A Certificates will maintain approximately a 37.20% Credit Enhancement Percentage (2x the Class A Initial Credit Enhancement Percentage). The Class A Principal Distribution Amount will be distributed to the holders of the Class A-1A, Class A-1B and the Class A-2 Certificates to the extent of their respective group-based principal distribution amount.

		Principal distributions to the Class A-2 Certificates will be allocated sequentially to the Class A-2A, Class A-2B, Class A-2C and Class A-2D Certificates, in that order, until the certificate principal balance of each such class has been reduced to zero; provided, however, on any Distribution Date on which the aggregate certificate principal balance of the Mezzanine Certificates has been reduced to zero, all principal distributions will be distributed to the Class A-2 Certificates concurrently, on a pro rata basis, based on the certificate principal balance of each such class, until the certificate principal balance of each such class has been reduced to zero.

Class M Principal Distribution Amount:		Unless the Class A certificates are reduced to zero, the Mezzanine Certificates will not receive any principal payments until the Stepdown Date. On or after the Stepdown Date (if no Trigger Event occurs), principal will be paid to the Mezzanine Certificates, first to the Class M-1, Class M-2 and Class M-3 Certificates, sequentially, until the Class M-1, Class M-2 and Class M-3 Certificates together reach approximately a [21.00]% Credit Enhancement Percentage (2x the Class M-3 Initial Credit Enhancement Percentage), second to the Class M-4 Certificates until it reaches approximately a [17.70]% Credit Enhancement Percentage (2x the Class M-4 Initial Credit Enhancement Percentage), third to the Class M-5 Certificates until it reaches approximately a [14.50]% Credit Enhancement Percentage (2x the Class M-5 Initial Credit Enhancement Percentage), fourth to the Class M-6 Certificates until it reaches approximately a [11.60]% Credit Enhancement Percentage (2x the Class M-6 Initial Credit Enhancement Percentage), fifth to the Class M-7 Certificates until it reaches approximately a [8.80]% Credit Enhancement Percentage (2x the Class M-7 Initial Credit Enhancement Percentage), sixth to the Class M-8 Certificates until it reaches approximately a [7.20]% Credit Enhancement Percentage (2x the Class M-8 Initial Credit Enhancement Percentage), seventh to the Class M-9 Certificates until it reaches approximately a [5.40]% Credit Enhancement Percentage (2x the Class M-9 Initial Credit Enhancement Percentage), eighth to the Class M-10 Certificates until it reaches approximately a [4.40]% Credit Enhancement Percentage (2x the Class M-10 Initial Credit Enhancement Percentage), and ninth to the Class M-11 Certificates until it reaches approximately a [2.50]% Credit Enhancement Percentage (2x the Class M-11 Initial Credit Enhancement Percentage).

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

Transaction Overview (Cont.)

Coupon Step-up:		On the Distribution Date following the first possible optional termination date, the margins on the Class A Certificates and the Mezzanine Certificates will increase to the following, provided that the pass-through rate on the certificates will still be subject to the applicable Net WAC Pass-Through Rate.

	Class		After Optional Termination
	A		2 x related Margin
	M		The lesser of 1.5 x related Margin and related Margin plus 0.50%

Trigger Event:		If either the Delinquency Test or Cumulative Loss Test is violated.

Delinquency Test:		The determination on any Distribution Date that the percentage obtained by dividing (x) the principal amount of (1) Mortgage Loans delinquent 60 days or more, (2) Mortgage Loans in foreclosure, (3) REO Properties and (4) Mortgage Loans discharged due to bankruptcy by (y) the aggregate principal balance of the Mortgage Loans, in each case, as of the last day of the previous calendar month, exceeds 39.60% of the Credit Enhancement Percentage of the Class A Certificates.

Cumulative Loss Test:		The determination on any Distribution Date that the aggregate amount of Realized Losses incurred since the Cut-off Date through the last day of the related Due Period divided by the aggregate principal balance of the Mortgage Loans as of the Cut-off Date exceeds the applicable percentages set forth below with respect to such Distribution Date:

	Distribution Date Occurring in		Percentage
	December 2008 to November 2009		1.25%, plus 1/12th of 1.50% for each month thereafter
	December 2009 to November 2010		2.75%, plus 1/12th of 1.60% for each month thereafter
	December 2010 to November 2011		4.35%, plus 1/12th of 1.25% for each month thereafter
	December 2011 to November 2012		5.60%, plus 1/12th of 0.70% for each month thereafter
	December 2012 to November 2013		6.30%, plus 1/12th of 0.05% for each month thereafter
	December 2013 and thereafter		6.35%

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

Transaction Overview (Cont.)

Payment Priority:	I. On each Distribution Date, the Available Distribution Amount (net of any Net Swap Payments and Swap Termination Payments payable by the Swap Provider) will be distributed as follows:
	1.	To the Supplemental Interest Trust, to pay any Net Swap Payment and any Swap Termination Payment (not caused by a Swap Provider Trigger Event (as defined in the Swap Agreement)) owed to the Swap Provider.
	2.	To pay interest to the Class A Certificates, pro rata based on entitlement, including any accrued unpaid interest from a prior Distribution Date, then to pay interest excluding any accrued unpaid interest from a prior Distribution Date to the Mezzanine Certificates, on a sequential basis.
	3.	To pay principal to the Class A Certificates in accordance with the principal payment provisions described above.
	4.	To pay principal to the Mezzanine Certificates in accordance with the principal payment provisions described above.
	5.	From Net Monthly Excess Cashflow, if any, to the certificates then entitled to receive distributions in respect of principal in order to reduce the certificate principal balance of the certificates to the extent necessary to restore or maintain the Required Overcollateralization Amount.
	6.	From remaining Net Monthly Excess Cashflow, if any, to pay the Interest Carry Forward Amounts on the Mezzanine Certificates, on a sequential basis.
	7.	From remaining Net Monthly Excess Cashflow, if any, to pay the allocated Realized Losses on the Mezzanine Certificates, on a sequential basis.
	8.	From remaining Net Monthly Excess Cashflow, if any, to pay the Net WAC Rate Carryover Amount on the Class A Certificates pro rata based on entitlement, and then, sequentially to the Mezzanine Certificates.
	9.	From remaining Net Monthly Excess Cashflow, if any, to pay the Swap Termination Payment (caused by a Swap Provider Trigger Event under the Swap Agreement) owed to the Swap Provider.
	10.	To pay any remaining amount to the Class CE, Class P and Class R Certificates in accordance with the Pooling and Servicing Agreement.

	II. Any Net Swap Payments payable to the Securities Administrator on behalf of the Supplemental Interest Trust by the Swap Provider will be paid as follows:
	1.	To pay any unpaid interest on the Class A Certificates including any accrued unpaid interest from a prior Distribution Date, on a pro rata basis based on entitlement, and then to pay any unpaid interest including any accrued unpaid interest from prior Distribution Dates to the Mezzanine Certificates, sequentially.
	2.	To pay any principal to the Class A Certificates and Mezzanine Certificates in accordance with the principal payment provisions described above in an amount necessary to restore or maintain the Required Overcollateralization Amount.*
	3.	To pay any allocated Realized Losses* remaining unpaid on the Mezzanine Certificates, sequentially.
	4.	To pay any Net WAC Rate Carryover Amount remaining unpaid to the Class A Certificates on a pro rata basis based on entitlement and then sequentially to the Mezzanine Certificates.
	5.	To pay the Swap Termination Payment (caused by a Swap Provider Trigger Event under the Swap Agreement) owed to the Swap Provider.
	6.	To pay any remaining amount to the Class CE Certificates.

		Notwithstanding the foregoing, the cumulative amount paid pursuant to clauses 2 and 3 shall at no time be permitted to exceed the cumulative amount of realized losses incurred on the Mortgage Loans from and after the Cut-Off Date.
	Any Net Swap Payments payable to the Swap Provider by the Securities Administrator on behalf of the Supplemental Interest Trust will be paid as follows:

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

Transaction Overview (Cont.)

		1. To make any Net Swap Payment owed to the Swap Provider pursuant to the Swap Agreement for such Distribution Date, and 2. To make any Swap Termination Payment not due to a Swap Provider Trigger Event owed to the Swap Provider pursuant to the Swap Agreement (to the extent not paid by the Securities Administrator from any upfront payment received pursuant to any replacement interest rate swap agreement that may be entered into by the Securities Administrator).

ERISA:		It is expected that the Offered Certificates may be purchased by, or with the assets of, employee benefit plans subject to the Employee Retirement Income Security Act of 1974, as amended (“ERISA”) or plans or arrangements subject to section 4975 of the Internal Revenue Code (each, a “Plan”). Prior to the termination of the Supplemental Interest Trust, Plans or persons using assets of a Plan may purchase the Offered Certificates if the purchase and holding meets the requirements of an investor-based class exemption issued by the Department of Labor. Investors should consult with their counsel with respect to the consequences under ERISA and the Internal Revenue Code of a Plan’s acquisition and ownership of such certificates.

Legal Investment:		The Offered Certificates will not constitute “mortgage related securities” for purposes of the Secondary Mortgage Market Enhancement Act of 1984.

Taxation - REMIC:		One or more REMIC elections will be made for designated portions of the Trust (exclusive of certain shortfall payments or payments from the Supplemental Interest Trust or the obligation to make payments to the Supplemental Interest Trust pursuant to the Swap Agreement).

Form of Registration:		Book-entry form through DTC, Clearstream and Euroclear.

Minimum Denominations:		$25,000 and integral multiples of $1 in excess thereof.

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

Swap Schedule

Distribution Date	Notional Schedule ($)		Distribution Date		Notional Schedule ($)
12/25/2006		1,501,392,227		6/25/2009		331,948,134
1/25/2007		1,481,885,690		7/25/2009		317,658,473
2/25/2007		1,458,448,790		8/25/2009		303,997,647
3/25/2007		1,431,130,769		9/25/2009		290,937,478
4/25/2007		1,400,011,442		10/25/2009		278,451,524
5/25/2007		1,365,201,808		11/25/2009		266,514,484
6/25/2007		1,326,844,310		12/25/2009		255,100,696
7/25/2007		1,285,113,062		1/25/2010		244,186,720
8/25/2007		1,240,219,930		2/25/2010		233,750,210
9/25/2007		1,192,463,383		3/25/2010		223,769,855
10/25/2007		1,143,873,010		4/25/2010		214,225,420
11/25/2007		1,097,238,688		5/25/2010		205,097,484
12/25/2007		1,052,514,433		6/25/2010		196,367,315
1/25/2008		1,009,621,662		7/25/2010		188,017,206
2/25/2008		968,485,041		8/25/2010		180,030,254
3/25/2008		929,032,344		9/25/2010		172,390,326
4/25/2008		891,194,329		10/25/2010		165,082,029
5/25/2008		854,904,616		11/25/2010		158,090,649
6/25/2008		820,099,561		12/25/2010		151,402,131
7/25/2008		786,581,316		1/25/2011		145,003,066
8/25/2008		753,687,672		2/25/2011		138,880,652
9/25/2008		702,822,618		3/25/2011		133,022,664
10/25/2008		607,809,290		4/25/2011		127,417,426
11/25/2008		527,947,624		5/25/2011		122,053,792
12/25/2008		461,453,102		6/25/2011		116,921,113
1/25/2009		414,271,641		7/25/2011		112,009,223
2/25/2009		396,029,563		8/25/2011		107,308,372
3/25/2009		378,902,623		9/25/2011		102,809,260
4/25/2009		362,533,848		10/25/2011		98,498,559
5/25/2009		346,896,217		11/25/2011		94,371,455
				12/25/2011		0

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

Sensitivity Table

To 10% Call

	Fixed>>	0% PPC	55% PPC	100% PPC	125% PPC	160% PPC
	Arm>>	0% PPC	55% PPC	100% PPC	125% PPC	160% PPC

A-1A	Avg Life	22.78	4.57	2.45	1.81	1.31
	First Payment Date	Dec-06	Dec-06	Dec-06	Dec-06	Dec-06
	Last Payment Date	Sep-36	Feb-20	Nov-13	Mar-12	Sep-09

A-1B	Avg Life	22.84	4.61	2.48	1.84	1.33
	First Payment Date	Dec-06	Dec-06	Dec-06	Dec-06	Dec-06
	Last Payment Date	Sep-36	Feb-20	Nov-13	Mar-12	Sep-09

A-2A	Avg Life	17.15	1.54	1.00	0.83	0.68
	First Payment Date	Dec-06	Dec-06	Dec-06	Dec-06	Dec-06
	Last Payment Date	Apr-31	Oct-09	Sep-08	Jun-08	Feb-08

A-2B	Avg Life	25.99	3.74	2.00	1.76	1.46
	First Payment Date	Apr-31	Oct-09	Sep-08	Jun-08	Feb-08
	Last Payment Date	Jul-34	Oct-11	Mar-09	Oct-08	Aug-08

A-2C	Avg Life	28.99	6.50	3.00	2.11	1.84
	First Payment Date	Jul-34	Oct-11	Mar-09	Oct-08	Aug-08
	Last Payment Date	Aug-36	May-15	Apr-11	Apr-09	Nov-08

A-2D	Avg Life	29.82	11.68	6.12	3.97	2.26
	First Payment Date	Aug-36	May-15	Apr-11	Apr-09	Nov-08
	Last Payment Date	Sep-36	Feb-20	Nov-13	Mar-12	Aug-09

M-1	Avg Life	28.34	5.49	3.53	3.94	3.75
	First Payment Date	Aug-33	Dec-10	Mar-10	Jul-10	Sep-09
	Last Payment Date	Aug-36	Jan-14	Aug-10	Feb-11	Oct-10

M-2	Avg Life	29.79	9.46	4.93	4.55	3.90
	First Payment Date	Aug-36	Jan-14	Aug-10	Feb-11	Oct-10
	Last Payment Date	Sep-36	Jul-19	Jul-13	Dec-11	Oct-10

M-3	Avg Life	29.82	13.21	6.97	5.31	3.90
	First Payment Date	Sep-36	Jul-19	Jul-13	Dec-11	Oct-10
	Last Payment Date	Sep-36	Feb-20	Nov-13	Mar-12	Oct-10

M-4	Avg Life	29.21	8.68	4.74	4.11	3.83
	First Payment Date	Aug-33	Dec-10	Feb-10	Jun-10	Jul-10
	Last Payment Date	Sep-36	Feb-20	Nov-13	Mar-12	Oct-10

M-5	Avg Life	29.21	8.68	4.71	4.03	3.65
	First Payment Date	Aug-33	Dec-10	Feb-10	Apr-10	May-10
	Last Payment Date	Sep-36	Feb-20	Nov-13	Mar-12	Oct-10

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

Sensitivity Table

To 10% Call (Continued)

	Fixed>>	0% PPC	55% PPC	100% PPC	125% PPC	160% PPC
	Arm>>	0% PPC	55% PPC	100% PPC	125% PPC	160% PPC

M-6	Avg Life	29.21	8.68	4.70	3.97	3.51
	First Payment Date	Aug-33	Dec-10	Jan-10	Mar-10	Mar-10
	Last Payment Date	Sep-36	Feb-20	Nov-13	Mar-12	Oct-10

M-7	Avg Life	29.21	8.68	4.69	3.92	3.41
	First Payment Date	Aug-33	Dec-10	Jan-10	Feb-10	Jan-10
	Last Payment Date	Sep-36	Feb-20	Nov-13	Mar-12	Oct-10

M-8	Avg Life	29.21	8.68	4.69	3.90	3.34
	First Payment Date	Aug-33	Dec-10	Jan-10	Feb-10	Jan-10
	Last Payment Date	Sep-36	Feb-20	Nov-13	Mar-12	Oct-10

M-9	Avg Life	29.21	8.68	4.67	3.86	3.29
	First Payment Date	Aug-33	Dec-10	Dec-09	Jan-10	Dec-09
	Last Payment Date	Sep-36	Feb-20	Nov-13	Mar-12	Oct-10

M-10	Avg Life	29.21	8.64	4.64	3.84	3.24
	First Payment Date	Aug-33	Dec-10	Dec-09	Jan-10	Nov-09
	Last Payment Date	Sep-36	Feb-20	Nov-13	Mar-12	Oct-10

M-11	Avg Life	29.21	8.14	4.37	3.60	3.06
	First Payment Date	Aug-33	Dec-10	Dec-09	Dec-09	Oct-09
	Last Payment Date	Sep-36	Jun-19	Jun-13	Nov-11	Jul-10

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

Sensitivity Table

To Maturity

	Fixed>>	0% PPC	55% PPC	100% PPC	125% PPC	160% PPC
	Arm>>	0% PPC	55% PPC	100% PPC	125% PPC	160% PPC

A-1A	Avg Life	22.78	4.94	2.67	1.98	1.31
	First Payment Date	Dec-06	Dec-06	Dec-06	Dec-06	Dec-06
	Last Payment Date	Sep-36	Apr-34	Feb-23	Jul-19	Sep-09

A-1B	Avg Life	22.84	4.99	2.70	2.02	1.33
	First Payment Date	Dec-06	Dec-06	Dec-06	Dec-06	Dec-06
	Last Payment Date	Sep-36	May-34	Apr-23	Sep-19	Sep-09

A-2A	Avg Life	17.15	1.54	1.00	0.83	0.68
	First Payment Date	Dec-06	Dec-06	Dec-06	Dec-06	Dec-06
	Last Payment Date	Apr-31	Oct-09	Sep-08	Jun-08	Feb-08

A-2B	Avg Life	25.99	3.74	2.00	1.76	1.46
	First Payment Date	Apr-31	Oct-09	Sep-08	Jun-08	Feb-08
	Last Payment Date	Jul-34	Oct-11	Mar-09	Oct-08	Aug-08

A-2C	Avg Life	28.99	6.50	3.00	2.11	1.84
	First Payment Date	Jul-34	Oct-11	Mar-09	Oct-08	Aug-08
	Last Payment Date	Aug-36	May-15	Apr-11	Apr-09	Nov-08

A-2D	Avg Life	29.82	13.70	7.30	4.88	2.26
	First Payment Date	Aug-36	May-15	Apr-11	Apr-09	Nov-08
	Last Payment Date	Sep-36	Dec-33	Dec-22	Apr-19	Aug-09

M-1	Avg Life	28.34	5.49	3.53	3.94	4.12
	First Payment Date	Aug-33	Dec-10	Mar-10	Jul-10	Sep-09
	Last Payment Date	Aug-36	Jan-14	Aug-10	Feb-11	Aug-11

M-2	Avg Life	29.79	9.46	4.93	4.55	5.51
	First Payment Date	Aug-36	Jan-14	Aug-10	Feb-11	Aug-11
	Last Payment Date	Sep-36	Jul-19	Jul-13	Dec-11	May-13

M-3	Avg Life	29.82	17.14	9.25	7.07	7.58
	First Payment Date	Sep-36	Jul-19	Jul-13	Dec-11	May-13
	Last Payment Date	Sep-36	Jul-30	Mar-20	Mar-17	Mar-16

M-4	Avg Life	29.21	9.47	5.19	4.46	4.10
	First Payment Date	Aug-33	Dec-10	Feb-10	Jun-10	Jul-10
	Last Payment Date	Sep-36	Sep-27	Apr-18	Aug-15	May-13

M-5	Avg Life	29.21	9.42	5.14	4.36	3.89
	First Payment Date	Aug-33	Dec-10	Feb-10	Apr-10	May-10
	Last Payment Date	Sep-36	Oct-26	Oct-17	Mar-15	Jan-13

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

Sensitivity Table

To Maturity (Continued)

	Fixed>>	0% PPC	55% PPC	100% PPC	125% PPC	160% PPC
	Arm>>	0% PPC	55% PPC	100% PPC	125% PPC	160% PPC

M-6	Avg Life	29.21	9.34	5.08	4.26	3.73
	First Payment Date	Aug-33	Dec-10	Jan-10	Mar-10	Mar-10
	Last Payment Date	Sep-36	Oct-25	Feb-17	Sep-14	Sep-12

M-7	Avg Life	29.21	9.23	5.00	4.16	3.59
	First Payment Date	Aug-33	Dec-10	Jan-10	Feb-10	Jan-10
	Last Payment Date	Sep-36	Sep-24	Jun-16	Mar-14	Apr-12

M-8	Avg Life	29.21	9.09	4.92	4.08	3.47
	First Payment Date	Aug-33	Dec-10	Jan-10	Feb-10	Jan-10
	Last Payment Date	Sep-36	Mar-23	Aug-15	Jul-13	Oct-11

M-9	Avg Life	29.21	8.90	4.79	3.95	3.35
	First Payment Date	Aug-33	Dec-10	Dec-09	Jan-10	Dec-09
	Last Payment Date	Sep-36	Feb-22	Dec-14	Jan-13	Jun-11

M-10	Avg Life	29.21	8.65	4.65	3.84	3.24
	First Payment Date	Aug-33	Dec-10	Dec-09	Jan-10	Nov-09
	Last Payment Date	Sep-36	Jul-20	Feb-14	May-12	Dec-10

M-11	Avg Life	29.21	8.14	4.37	3.60	3.06
	First Payment Date	Aug-33	Dec-10	Dec-09	Dec-09	Oct-09
	Last Payment Date	Sep-36	Jun-19	Jun-13	Nov-11	Jul-10

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

Class A-1A Effective Net WAC Schedule*			Class A-1A Effective Net WAC Schedule*
Period	Date	Effective Net WAC (%)	Period	Date	Effective Net WAC (%)
1	12/25/2006	24.539	46	9/25/2010	17.805
2	1/25/2007	22.779	47	10/25/2010	18.312
3	2/25/2007	22.696	48	11/25/2010	17.875
4	3/25/2007	22.910	49	12/25/2010	18.110
5	4/25/2007	22.480	50	1/25/2011	17.670
6	5/25/2007	22.447	51	2/25/2011	17.572
7	6/25/2007	22.195	52	3/25/2011	18.606
8	7/25/2007	22.127	53	4/25/2011	17.443
9	8/25/2007	21.832	54	5/25/2011	17.692
10	9/25/2007	21.621	55	6/25/2011	17.255
11	10/25/2007	21.510	56	7/25/2011	17.506
12	11/25/2007	21.180	57	8/25/2011	17.071
13	12/25/2007	21.080	58	9/25/2011	16.994
14	1/25/2008	20.753	59	10/25/2011	17.262
15	2/25/2008	20.545	60	11/25/2011	16.829
16	3/25/2008	20.592	61	12/25/2011	12.362
17	4/25/2008	20.139	62	1/25/2012	11.951
18	5/25/2008	20.067	63	2/25/2012	11.939
19	6/25/2008	19.746	64	3/25/2012	12.750
20	7/25/2008	19.684	65	4/25/2012	11.916
21	8/25/2008	19.359	66	5/25/2012	12.301
22	9/25/2008	19.195	67	6/25/2012	11.892
23	10/25/2008	19.504	68	7/25/2012	12.276
24	11/25/2008	18.520	69	8/25/2012	11.869
25	12/25/2008	18.018	70	9/25/2012	11.857
26	1/25/2009	17.306	71	10/25/2012	12.240
27	2/25/2009	17.162	72	11/25/2012	11.833
28	3/25/2009	17.885	73	12/25/2012	12.215
29	4/25/2009	17.788	74	1/25/2013	11.809
30	5/25/2009	17.906	75	2/25/2013	11.797
31	6/25/2009	17.529	76	3/25/2013	13.048
32	7/25/2009	17.644	77	4/25/2013	11.774
33	8/25/2009	17.275	78	5/25/2013	12.154
34	9/25/2009	17.364	79	6/25/2013	11.750
35	10/25/2009	18.286	80	7/25/2013	12.129
36	11/25/2009	17.892	81	8/25/2013	11.726
37	12/25/2009	18.054	82	9/25/2013	11.714
38	1/25/2010	17.650	83	10/25/2013	12.092
39	2/25/2010	17.535	84	11/25/2013	11.690
40	3/25/2010	18.564
41	4/25/2010	18.249				*PPC: 100% (ARM); PPC: 100% (Fixed)
42	5/25/2010	18.466				*1 Month LIBOR: 20%
43	6/25/2010	18.032				*6 Month Libor: 20%
44	7/25/2010	18.244				*Includes Net Swap Payments received from the Swap Provider.
45	8/25/2010	17.815

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

Class A-1B Effective Net WAC Schedule*			Class A-1B Effective Net WAC Schedule*
Period	Date	Effective Net WAC (%)	Period	Date	Effective Net WAC (%)
1	12/25/2006	24.432	46	9/25/2010	17.500
2	1/25/2007	22.692	47	10/25/2010	18.016
3	2/25/2007	22.609	48	11/25/2010	17.586
4	3/25/2007	22.814	49	12/25/2010	17.811
5	4/25/2007	22.394	50	1/25/2011	17.381
6	5/25/2007	22.357	51	2/25/2011	17.284
7	6/25/2007	22.108	52	3/25/2011	18.282
8	7/25/2007	22.037	53	4/25/2011	17.140
9	8/25/2007	21.745	54	5/25/2011	17.377
10	9/25/2007	21.534	55	6/25/2011	16.950
11	10/25/2007	21.420	56	7/25/2011	17.191
12	11/25/2007	21.094	57	8/25/2011	16.767
13	12/25/2007	20.991	58	9/25/2011	16.687
14	1/25/2008	20.667	59	10/25/2011	16.942
15	2/25/2008	20.459	60	11/25/2011	16.518
16	3/25/2008	20.501	61	12/25/2011	12.041
17	4/25/2008	20.054	62	1/25/2012	11.641
18	5/25/2008	19.979	63	2/25/2012	11.629
19	6/25/2008	19.661	64	3/25/2012	12.418
20	7/25/2008	19.597	65	4/25/2012	11.605
21	8/25/2008	19.279	66	5/25/2012	11.980
22	9/25/2008	18.962	67	6/25/2012	11.582
23	10/25/2008	19.383	68	7/25/2012	11.956
24	11/25/2008	18.400	69	8/25/2012	11.558
25	12/25/2008	17.896	70	9/25/2012	11.547
26	1/25/2009	17.190	71	10/25/2012	11.919
27	2/25/2009	17.050	72	11/25/2012	11.523
28	3/25/2009	17.634	73	12/25/2012	11.895
29	4/25/2009	17.640	74	1/25/2013	11.500
30	5/25/2009	17.750	75	2/25/2013	11.488
31	6/25/2009	17.379	76	3/25/2013	12.706
32	7/25/2009	17.490	77	4/25/2013	11.464
33	8/25/2009	17.130	78	5/25/2013	11.834
34	9/25/2009	17.101	79	6/25/2013	11.441
35	10/25/2009	18.078	80	7/25/2013	11.810
36	11/25/2009	17.686	81	8/25/2013	11.417
37	12/25/2009	17.841	82	9/25/2013	11.405
38	1/25/2010	17.444	83	10/25/2013	11.773
39	2/25/2010	17.334	84	11/25/2013	11.382
40	3/25/2010	18.212
41	4/25/2010	17.994				*PPC: 100% (ARM); PPC: 100% (Fixed)
42	5/25/2010	18.198				*1 Month LIBOR: 20%
43	6/25/2010	17.773				*6 Month Libor: 20%
44	7/25/2010	17.976				*Includes Net Swap Payments received from the Swap Provider.
45	8/25/2010	17.559

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

Class A-2 Effective Net WAC Schedule*			Class A-2 Effective Net WAC Schedule*
Period	Date	Effective Net WAC (%)	Period	Date	Effective Net WAC (%)
1	12/25/2006	24.370	46	9/25/2010	18.241
2	1/25/2007	22.643	47	10/25/2010	18.699
3	2/25/2007	22.560	48	11/25/2010	18.250
4	3/25/2007	22.760	49	12/25/2010	18.500
5	4/25/2007	22.345	50	1/25/2011	18.052
6	5/25/2007	22.308	51	2/25/2011	17.957
7	6/25/2007	22.060	52	3/25/2011	19.030
8	7/25/2007	21.989	53	4/25/2011	17.814
9	8/25/2007	21.700	54	5/25/2011	18.077
10	9/25/2007	21.490	55	6/25/2011	17.630
11	10/25/2007	21.375	56	7/25/2011	17.898
12	11/25/2007	21.051	57	8/25/2011	17.454
13	12/25/2007	20.948	58	9/25/2011	17.378
14	1/25/2008	20.627	59	10/25/2011	17.657
15	2/25/2008	20.420	60	11/25/2011	17.214
16	3/25/2008	20.460	61	12/25/2011	12.763
17	4/25/2008	20.016	62	1/25/2012	12.343
18	5/25/2008	19.942	63	2/25/2012	12.334
19	6/25/2008	19.626	64	3/25/2012	13.176
20	7/25/2008	19.563	65	4/25/2012	12.317
21	8/25/2008	19.260	66	5/25/2012	12.719
22	9/25/2008	19.417	67	6/25/2012	12.300
23	10/25/2008	19.519	68	7/25/2012	12.701
24	11/25/2008	18.547	69	8/25/2012	12.283
25	12/25/2008	18.066	70	9/25/2012	12.274
26	1/25/2009	17.371	71	10/25/2012	12.675
27	2/25/2009	17.243	72	11/25/2012	12.257
28	3/25/2009	18.242	73	12/25/2012	12.657
29	4/25/2009	17.956	74	1/25/2013	12.240
30	5/25/2009	18.078	75	2/25/2013	12.231
31	6/25/2009	17.699	76	3/25/2013	13.532
32	7/25/2009	17.825	77	4/25/2013	12.214
33	8/25/2009	17.466	78	5/25/2013	12.612
34	9/25/2009	17.787	79	6/25/2013	12.196
35	10/25/2009	18.544	80	7/25/2013	12.594
36	11/25/2009	18.138	81	8/25/2013	12.179
37	12/25/2009	18.311	82	9/25/2013	12.170
38	1/25/2010	17.904	83	10/25/2013	12.566
39	2/25/2010	17.805	84	11/25/2013	12.152
40	3/25/2010	19.119
41	4/25/2010	18.586				*PPC: 100% (ARM); PPC: 100% (Fixed)
42	5/25/2010	18.812				*1 Month LIBOR: 20%
43	6/25/2010	18.370				*6 Month Libor: 20%
44	7/25/2010	18.598				*Includes Net Swap Payments received from the Swap Provider.
45	8/25/2010	18.165

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

Class M Effective Net WAC Schedule*			Class M Effective Net WAC Schedule*
Period	Date	Effective Net WAC (%)	Period	Date	Effective Net WAC (%)
1	12/25/2006	24.443	46	9/25/2010	17.903
2	1/25/2007	22.701	47	10/25/2010	18.391
3	2/25/2007	22.618	48	11/25/2010	17.951
4	3/25/2007	22.824	49	12/25/2010	18.190
5	4/25/2007	22.403	50	1/25/2011	17.749
6	5/25/2007	22.367	51	2/25/2011	17.652
7	6/25/2007	22.118	52	3/25/2011	18.692
8	7/25/2007	22.048	53	4/25/2011	17.513
9	8/25/2007	21.756	54	5/25/2011	17.765
10	9/25/2007	21.545	55	6/25/2011	17.326
11	10/25/2007	21.432	56	7/25/2011	17.582
12	11/25/2007	21.105	57	8/25/2011	17.146
13	12/25/2007	21.003	58	9/25/2011	17.068
14	1/25/2008	20.680	59	10/25/2011	17.337
15	2/25/2008	20.472	60	11/25/2011	16.902
16	3/25/2008	20.515	61	12/25/2011	12.439
17	4/25/2008	20.067	62	1/25/2012	12.027
18	5/25/2008	19.993	63	2/25/2012	12.017
19	6/25/2008	19.675	64	3/25/2012	12.834
20	7/25/2008	19.612	65	4/25/2012	11.996
21	8/25/2008	19.298	66	5/25/2012	12.385
22	9/25/2008	19.226	67	6/25/2012	11.975
23	10/25/2008	19.480	68	7/25/2012	12.363
24	11/25/2008	18.501	69	8/25/2012	11.954
25	12/25/2008	18.007	70	9/25/2012	11.943
26	1/25/2009	17.303	71	10/25/2012	12.330
27	2/25/2009	17.167	72	11/25/2012	11.922
28	3/25/2009	17.967	73	12/25/2012	12.308
29	4/25/2009	17.819	74	1/25/2013	11.900
30	5/25/2009	17.937	75	2/25/2013	11.890
31	6/25/2009	17.561	76	3/25/2013	13.152
32	7/25/2009	17.679	77	4/25/2013	11.868
33	8/25/2009	17.316	78	5/25/2013	12.253
34	9/25/2009	17.470	79	6/25/2013	11.847
35	10/25/2009	18.339	80	7/25/2013	12.231
36	11/25/2009	17.940	81	8/25/2013	11.826
37	12/25/2009	18.105	82	9/25/2013	11.815
38	1/25/2010	17.702	83	10/25/2013	12.198
39	2/25/2010	17.595	84	11/25/2013	11.794
40	3/25/2010	18.702
41	4/25/2010	18.322				*PPC: 100% (ARM); PPC: 100% (Fixed)
42	5/25/2010	18.540				*1 Month LIBOR: 20%
43	6/25/2010	18.105				*6 Month Libor: 20%
44	7/25/2010	18.321				*Includes Net Swap Payments received from the Swap Provider.
45	8/25/2010	17.894

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

Excess Spread*

(Assumes Pricing Prepayment Speed, Excludes Basis Risk Shortfalls)

Period	Excess Spread in bp (Static LIBOR)	1 Month Forward LIBOR (%)	6 Month Forward LIBOR (%)	Excess Spread in bp (Forward LIBOR)	Period	Excess Spread in bp (Static LIBOR)	1 Month Forward LIBOR (%)	6 Month Forward LIBOR (%)	Excess Spread in bp (Forward LIBOR)
1	358	5.320	5.386	358	45	459	4.888	4.973	455
2	271	5.372	5.365	271	46	459	4.885	4.993	456
3	270	5.360	5.326	270	47	470	4.883	5.012	470
4	272	5.322	5.285	272	48	458	4.881	5.032	459
5	270	5.292	5.240	270	49	468	4.999	5.056	462
6	270	5.288	5.191	270	50	456	5.001	5.057	451
7	269	5.196	5.134	269	51	455	5.003	5.058	450
8	269	5.165	5.093	270	52	490	5.002	5.059	485
9	267	5.106	5.050	268	53	454	5.005	5.061	452
10	267	5.048	5.010	268	54	465	5.005	5.061	463
11	268	5.008	4.974	270	55	452	5.007	5.063	451
12	265	4.954	4.937	268	56	464	5.007	5.069	462
13	267	4.948	4.906	271	57	451	5.009	5.078	450
14	264	4.911	4.870	268	58	450	5.009	5.086	450
15	263	4.872	4.831	269	59	462	5.009	5.093	463
16	269	4.837	4.795	276	60	449	5.011	5.101	451
17	261	4.802	4.760	270	61	453	5.052	5.109	460
18	264	4.765	4.723	274	62	435	5.054	5.111	443
19	260	4.731	4.689	271	63	435	5.055	5.111	443
20	263	4.695	4.712	276	64	472	5.055	5.112	478
21	260	4.659	4.736	274	65	435	5.057	5.114	444
22	291	4.625	4.764	308	66	454	5.058	5.115	462
23	394	4.589	4.799	414	67	436	5.059	5.115	445
24	384	4.567	4.836	410	68	454	5.059	5.122	462
25	388	4.852	4.877	406	69	436	5.060	5.130	445
26	377	4.842	4.868	397	70	436	5.060	5.138	446
27	377	4.833	4.858	397	71	455	5.061	5.144	464
28	424	4.823	4.848	439	72	437	5.064	5.153	447
29	449	4.815	4.840	446	73	455	5.103	5.160	461
30	458	4.805	4.830	455	74	437	5.105	5.161	444
31	448	4.796	4.821	446	75	438	5.105	5.161	444
32	457	4.785	4.840	455	76	492	5.105	5.161	497
33	447	4.777	4.859	446	77	438	5.107	5.163	446
34	455	4.768	4.882	452	78	457	5.106	5.163	464
35	471	4.758	4.901	467	79	439	5.107	5.163	447
36	461	4.749	4.924	458	80	458	5.108	5.168	464
37	470	4.903	4.949	459	81	440	5.107	5.174	448
38	457	4.901	4.947	448	82	441	5.108	5.179	448
39	458	4.900	4.945	450	83	459	5.108	5.183	467
40	493	4.896	4.943	483	84	442	5.109	5.189	450
41	462	4.896	4.942	456
42	472	4.893	4.939	466
43	460	4.892	4.938	456
44	471	4.889	4.954	466

*Includes Net Swap Payments received from the Swap Provider.

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

Breakeven CDR Table for the Mezzanine Certificates

The assumptions for the breakeven CDR table below are as follows:

- The Pricing Assumption is applied

- 10% cleanup call is not exercised

- Forward Curves

- 40% Severity

- Interest & Principal advancing

- 6 month recovery lag

- Triggers Failing

The table below displays the Constant Default Rate (“CDR”) and the related cumulative collateral loss after the referenced Class incurs a writedown.

Class	CDR Break-Even (%)	Cumulative Loss (%)
M-1	25.98	20.21
M-2	21.29	17.80
M-3	18.76	16.34
M-4	16.61	15.01
M-5	14.66	13.71
M-6	12.98	12.52
M-7	11.38	11.31
M-8	10.47	10.59
M-9	9.41	9.72
M-10	8.86	9.26
M-11	8.00	8.51

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE TOTAL COLLATERAL

SUMMARY - AGGREGATE POOL*
Number of Mortgage Loans:		8,193	Index Type:
Aggregate Principal Balance:		$1,501,392,227	6 Month LIBOR:	75.24%
Conforming Principal Balance Loans:		$1,197,958,597	Fixed Rate:	24.76%
Average Principal Balance:		$183,253	W.A. Initial Periodic Cap:	1.963%
Range:		$8,326 - $1,500,000	W.A. Subsequent Periodic Cap:	1.498%
W.A. Coupon:		8.424%	W.A. Lifetime Rate Cap:	6.996%
Range:		5.625% - 14.800%	Property Type:
W.A. Gross Margin:		6.193%	Single Family:	72.16%
Range:		3.250% - 8.500%	PUD:	14.74%
W.A. Remaining Term (months):		356	2-4 Family:	6.81%
Range (months):	116 - 360		Condo:	6.27%
W.A. Seasoning (months):		3	Modular:	0.02%
Latest Maturity Date:		November 1, 2036	Occupancy Status:
State Concentration (Top 5):			Primary:	90.14%
California:		30.87%	Investment:	6.74%
Florida:		9.72%	Second Home:	3.13%
Texas:		5.41%	Documentation Status:
New York:		5.36%	Full:	58.07%
Arizona:		4.21%	Stated:	39.38%
W.A. Original Combined LTV:		81.59%	Limited:	1.87%
Range:		5.62% - 100.00%	No:	0.68%
First Liens:		93.71%	Non-Zero W.A. Prepayment Penalty - Term (months):		25
Second Liens:		6.29%	Loans with Prepay Penalties:	72.68%
Non-Balloon Loans:		56.12%	Interest Only Loans:	16.72%
Non-Zero W.A. FICO Score:		625	Non-Zero W.A. Interest Only Term (months):	60

* Subject to a permitted variance of +/- 10%

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE TOTAL COLLATERAL

Originator

Orgiginator

Number of

Initial Mortgage Loans

Aggregate Remaining

Principal Balance ($)

% of Aggregate

Remaining

Principal Balance

W.A.

Coupon (%)

W.A.

Non-Zero

FICO

W.A.

Original

CLTV (%)

New Century

8,193

1,501,392,227

100.00

8.424

625

81.59

Total:

8,193

1,501,392,227

100.00

8.424

625

81.59

Collateral Type

Collateral Type	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
Fixed - 10 Year		8		523,074		0.03		8.575		611		67.40
Fixed - 15 Year		60		5,753,290		0.38		8.293		622		70.56
Fixed - 20 Year		56		6,310,060		0.42		8.060		625		78.57
Fixed - 25 Year		4		503,452		0.03		8.462		620		79.96
Fixed - 30 Year		2,544		255,260,163		17.00		9.177		641		85.10
Balloon - 30/40		470		103,361,186		6.88		7.801		639		77.87
ARM - 2 Year/6 Month		1,710		289,216,302		19.26		8.680		612		81.37
ARM - 2 Year/6 Month IO		704		230,531,958		15.35		7.702		648		81.75
ARM - 2 Year/6 Month 30/40 Balloon		2,144		539,507,438		35.93		8.368		611		81.00
ARM - 3 Year/6 Month		327		33,946,434		2.26		8.886		608		80.29
ARM - 3 Year/6 Month IO		82		20,563,555		1.37		7.782		653		80.02
ARM - 3 Year/6 Month 30/40 Balloon		84		15,915,315		1.06		8.137		622		81.85
Total:		8,193		1,501,392,227		100.00		8.424		625		81.59

IO Terms

IO Terms (mos.)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
0		7,407		1,250,296,714		83.28		8.568		620		81.59
60		786		251,095,513		16.72		7.708		649		81.60
Total:		8,193		1,501,392,227		100.00		8.424		625		81.59

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE TOTAL COLLATERAL

Principal Balance at Origination

Principal Balance at Origination ($)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
0.01 - 50,000.00		759		26,764,317		1.78		10.976		637		96.51
50,000.01 - 100,000.00		2,069		153,228,142		10.21		9.664		616		84.94
100,000.01 - 150,000.00		1,572		195,695,009		13.03		8.967		615		81.68
150,000.01 - 200,000.00		1,053		182,708,559		12.17		8.544		610		78.33
200,000.01 - 250,000.00		774		173,276,372		11.54		8.208		615		79.68
250,000.01 - 300,000.00		552		151,769,828		10.11		8.129		620		79.72
300,000.01 - 350,000.00		363		117,641,710		7.84		8.199		625		80.78
350,000.01 - 400,000.00		353		131,753,813		8.78		7.847		628		81.08
400,000.01 - 450,000.00		225		95,642,184		6.37		7.850		630		82.12
450,000.01 - 500,000.00		158		75,181,919		5.01		7.766		636		81.59
500,000.01 - 550,000.00		82		42,992,175		2.86		7.897		651		83.75
550,000.01 - 600,000.00		75		42,991,705		2.86		7.828		641		84.51
600,000.01 - 650,000.00		61		38,396,053		2.56		7.797		663		83.15
650,000.01 - 700,000.00		37		24,946,427		1.66		8.027		671		85.94
700,000.01 - 750,000.00		34		24,822,766		1.65		8.224		668		83.32
750,000.01 - 800,000.00		11		8,603,834		0.57		8.128		664		83.46
800,000.01 - 850,000.00		4		3,275,791		0.22		7.599		606		76.23
850,000.01 - 900,000.00		3		2,619,503		0.17		7.530		620		78.61
900,000.01 - 950,000.00		1		924,826		0.06		7.800		644		94.52
950,000.01 - 1,000,000.00		2		1,995,175		0.13		8.300		620		83.98
Greater than or equal to 1,000,000.01		5		6,162,123		0.41		8.105		651		74.59
Total:		8,193		1,501,392,227		100.00		8.424		625		81.59

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE TOTAL COLLATERAL

Remaining Principal Balance

Remaining Principal Balance ($)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
0.01 - 50,000.00		763		26,921,358		1.79		10.974		636		96.50
50,000.01 - 100,000.00		2,069		153,456,663		10.22		9.661		616		84.88
100,000.01 - 150,000.00		1,569		195,459,439		13.02		8.968		615		81.71
150,000.01 - 200,000.00		1,053		182,758,288		12.17		8.542		611		78.32
200,000.01 - 250,000.00		773		173,076,651		11.53		8.210		615		79.69
250,000.01 - 300,000.00		553		152,069,545		10.13		8.131		619		79.73
300,000.01 - 350,000.00		367		119,089,435		7.93		8.190		626		80.59
350,000.01 - 400,000.00		348		130,006,370		8.66		7.849		628		81.24
400,000.01 - 450,000.00		226		96,090,395		6.40		7.851		630		82.14
450,000.01 - 500,000.00		157		74,733,707		4.98		7.765		637		81.57
500,000.01 - 550,000.00		82		42,992,175		2.86		7.897		651		83.75
550,000.01 - 600,000.00		75		42,991,705		2.86		7.828		641		84.51
600,000.01 - 650,000.00		61		38,396,053		2.56		7.797		663		83.15
650,000.01 - 700,000.00		37		24,946,427		1.66		8.027		671		85.94
700,000.01 - 750,000.00		34		24,822,766		1.65		8.224		668		83.32
750,000.01 - 800,000.00		11		8,603,834		0.57		8.128		664		83.46
800,000.01 - 850,000.00		4		3,275,791		0.22		7.599		606		76.23
850,000.01 - 900,000.00		3		2,619,503		0.17		7.530		620		78.61
900,000.01 - 950,000.00		1		924,826		0.06		7.800		644		94.52
950,000.01 - 1,000,000.00		2		1,995,175		0.13		8.300		620		83.98
Greater than or equal to 1,000,000.01		5		6,162,123		0.41		8.105		651		74.59
Total:		8,193		1,501,392,227		100.00		8.424		625		81.59

Remaining Term

Months Remaining	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
61 - 120		8		523,074		0.03		8.575		611		67.40
121 - 180		60		5,753,290		0.38		8.293		622		70.56
181 - 240		56		6,310,060		0.42		8.060		625		78.57
241 - 300		4		503,452		0.03		8.462		620		79.96
301 - 360		8,065		1,488,302,351		99.13		8.426		625		81.65
Total:		8,193		1,501,392,227		100.00		8.424		625		81.59

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE TOTAL COLLATERAL

Mortgage Rate

Mortgage Rate (%)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
5.500 - 5.999		29		10,305,243		0.69		5.868		666		78.46
6.000 - 6.499		89		31,098,489		2.07		6.304		653		79.82
6.500 - 6.999		587		159,516,203		10.62		6.749		653		75.61
7.000 - 7.499		664		175,609,453		11.70		7.259		647		78.93
7.500 - 7.999		1,112		269,723,028		17.96		7.759		633		79.68
8.000 - 8.499		892		192,202,410		12.80		8.255		622		80.17
8.500 - 8.999		1,197		237,956,255		15.85		8.749		610		81.62
9.000 - 9.499		764		135,965,263		9.06		9.235		601		83.35
9.500 - 9.999		970		122,619,275		8.17		9.752		599		85.58
10.000 - 10.499		463		56,618,095		3.77		10.212		598		86.55
10.500 - 10.999		433		42,647,168		2.84		10.709		613		89.11
11.000 - 11.499		266		21,017,794		1.40		11.199		630		92.23
11.500 - 11.999		325		22,704,480		1.51		11.728		632		96.36
12.000 - 12.499		243		14,877,421		0.99		12.190		631		98.42
12.500 - 12.999		117		6,682,121		0.45		12.694		625		99.63
13.000 - 13.499		33		1,514,773		0.10		13.117		618		99.90
13.500 - 13.999		5		196,339		0.01		13.721		594		100.00
14.000 - 14.499		3		99,336		0.01		14.052		607		100.00
14.500 - 14.999		1		39,082		0.00		14.800		593		100.00
Total:		8,193		1,501,392,227		100.00		8.424		625		81.59

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE TOTAL COLLATERAL

Original Combined Loan-to-Value Ratio

Original Combined Loan-to-Value Ratio (%)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
Less than or equal to 50.00		226		33,114,555		2.21		7.948		607		40.07
50.01 - 55.00		101		18,370,081		1.22		7.695		596		52.77
55.01 - 60.00		149		31,265,994		2.08		7.847		602		58.02
60.01 - 65.00		242		47,382,150		3.16		7.966		589		63.66
65.01 - 70.00		316		64,905,691		4.32		8.034		598		68.72
70.01 - 75.00		440		87,512,463		5.83		8.245		591		74.03
75.01 - 80.00		2,600		566,259,771		37.72		7.993		640		79.78
80.01 - 85.00		845		171,389,238		11.42		8.521		593		84.47
85.01 - 90.00		1,232		262,760,893		17.50		8.657		623		89.75
90.01 - 95.00		521		122,924,582		8.19		8.559		640		94.77
95.01 - 100.00		1,521		95,506,809		6.36		11.141		659		99.99
Total:		8,193		1,501,392,227		100.00		8.424		625		81.59

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE TOTAL COLLATERAL

FICO Score at Origination

FICO Score At Origination	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
500 - 524		507		83,236,532		5.54		9.354		513		74.91
525 - 549		516		85,455,684		5.69		8.910		537		76.51
550 - 574		793		142,897,364		9.52		8.822		561		78.70
575 - 599		1,038		173,350,284		11.55		8.622		588		81.31
600 - 624		1,476		263,188,851		17.53		8.313		612		82.06
625 - 649		1,413		259,519,986		17.29		8.285		637		83.83
650 - 674		1,091		206,698,219		13.77		8.255		661		83.16
675 - 699		606		127,307,057		8.48		8.091		686		83.25
700 - 724		375		81,599,799		5.43		7.861		710		82.61
725 - 749		185		35,234,664		2.35		8.064		735		82.75
750 - 774		140		27,631,114		1.84		8.209		762		83.47
775 - 799		47		13,971,142		0.93		8.217		784		84.38
800 - 824		6		1,301,531		0.09		8.390		804		80.32
Total:		8,193		1,501,392,227		100.00		8.424		625		81.59

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE TOTAL COLLATERAL

Geographic Distribution*

Location	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
California		1,589		463,471,251		30.87		8.071		637		80.87
Florida		833		145,996,420		9.72		8.558		615		79.31
Texas		856		81,204,492		5.41		8.691		617		82.24
New York		309		80,455,519		5.36		8.078		653		81.53
Arizona		342		63,239,594		4.21		8.482		622		81.04
New Jersey		270		61,376,427		4.09		8.592		630		81.78
Illinois		333		50,739,423		3.38		8.634		623		82.38
Maryland		215		48,298,083		3.22		8.385		605		80.06
Massachusetts		181		42,264,480		2.82		8.334		612		81.59
Washington		168		34,140,399		2.27		8.489		612		83.90
Pennsylvania		269		33,785,151		2.25		8.792		608		82.65
Nevada		152		32,256,993		2.15		8.320		632		81.74
Georgia		215		31,851,285		2.12		8.662		632		84.43
Hawaii		100		28,597,026		1.90		7.752		647		79.06
Virginia		138		28,495,063		1.90		8.343		614		81.49
Minnesota		134		21,759,931		1.45		8.759		617		85.37
Michigan		211		21,152,495		1.41		9.264		602		84.97
Ohio		201		18,658,245		1.24		9.146		599		85.86
Connecticut		100		18,583,019		1.24		8.710		603		80.34
Oregon		105		18,456,025		1.23		8.488		618		82.94
Colorado		109		17,435,669		1.16		8.618		615		83.64
Wisconsin		109		14,342,906		0.96		8.915		604		83.00
Tennessee		130		12,978,403		0.86		8.931		601		83.26
Indiana		140		12,431,637		0.83		9.236		601		85.41
Missouri		97		10,749,666		0.72		9.237		591		83.50
North Carolina		77		10,084,876		0.67		9.081		597		82.12
Utah		68		9,307,019		0.62		8.668		632		82.83
Arkansas		77		8,885,206		0.59		8.740		615		82.48
New Mexico		61		8,150,361		0.54		8.683		606		82.19
South Carolina		64		7,924,449		0.53		8.911		639		84.67
Idaho		55		7,703,711		0.51		8.589		614		80.54
Rhode Island		42		7,234,194		0.48		8.568		630		81.44
Alabama		60		6,081,163		0.41		9.193		595		83.37
New Hampshire		34		6,030,393		0.40		8.845		607		82.25

*Geographic Distribution continued on the next page

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE TOTAL COLLATERAL

Geographic Distribution (Continued)

Location	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
Maine		38		5,481,708		0.37		8.471		619		79.22
Mississippi		46		4,517,160		0.30		9.658		586		87.39
Oklahoma		42		3,848,007		0.26		9.210		611		85.76
Nebraska		40		3,750,322		0.25		9.204		609		87.53
Kentucky		32		3,698,873		0.25		9.159		592		85.15
Iowa		32		2,804,178		0.19		9.545		590		85.62
Louisiana		22		2,273,195		0.15		9.068		611		84.98
Alaska		17		2,167,953		0.14		8.818		615		84.48
Kansas		28		2,096,483		0.14		9.722		618		88.07
Montana		14		1,699,320		0.11		9.155		639		84.39
Delaware		11		1,598,788		0.11		8.478		612		78.64
District of Columbia		6		1,397,836		0.09		8.739		629		79.53
West Virginia		5		529,949		0.04		9.768		578		83.56
Vermont		4		434,252		0.03		8.136		618		78.56
North Dakota		4		343,687		0.02		8.803		603		85.29
South Dakota		5		322,555		0.02		9.036		649		79.63
Wyoming		3		306,989		0.02		10.824		522		84.29
Total:		8,193		1,501,392,227		100.00		8.424		625		81.59

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE TOTAL COLLATERAL

Occupancy Status

Occupancy Status	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
Primary		7,327		1,353,299,951		90.14		8.356		621		81.39
Investment		590		101,138,843		6.74		9.232		649		83.54
Second Home		276		46,953,433		3.13		8.629		676		83.16
Total:		8,193		1,501,392,227		100.00		8.424		625		81.59

Documentation Type

Program	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
Full Documentation		5,174		871,911,470		58.07		8.183		610		81.39
Stated Documentation		2,833		591,314,436		39.38		8.805		645		81.89
Limited Documentation		129		28,010,110		1.87		8.118		639		84.06
No Documentation		57		10,156,212		0.68		7.789		700		74.01
Total:		8,193		1,501,392,227		100.00		8.424		625		81.59

Loan Purpose

Purpose	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
Refinance - Cashout		3,593		733,107,806		48.83		8.279		605		78.43
Purchase		3,889		626,471,125		41.73		8.662		649		85.15
Refinance - Rate Term		711		141,813,296		9.45		8.124		618		82.20
Total:		8,193		1,501,392,227		100.00		8.424		625		81.59

Property Type

Property Type	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
Single Family Residence		6,064		1,083,364,094		72.16		8.402		620		81.25
PUD		1,159		221,363,803		14.74		8.439		628		82.90
2-4 Family		422		102,263,725		6.81		8.477		646		81.55
Condo		546		94,118,976		6.27		8.580		646		82.47
Modular		2		281,629		0.02		9.054		560		80.13
Total:		8,193		1,501,392,227		100.00		8.424		625		81.59

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE TOTAL COLLATERAL

Next Rate Adjustment Date*

Month & Year of Next Rate Adjustment	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
March 2008		2		1,063,047		0.09		7.907		631		80.00
April 2008		6		1,625,133		0.14		8.608		695		89.92
May 2008		39		13,765,980		1.22		8.011		629		82.93
June 2008		138		38,878,273		3.44		8.341		621		82.24
July 2008		712		182,643,540		16.17		8.380		621		81.32
August 2008		1,027		234,516,465		20.76		8.279		620		81.05
September 2008		1,077		258,283,266		22.86		8.226		614		80.65
October 2008		1,555		327,956,971		29.03		8.361		621		81.63
November 2008		2		523,023		0.05		8.414		698		81.75
June 2009		7		1,608,746		0.14		7.678		649		81.46
July 2009		95		15,886,912		1.41		8.133		625		81.45
August 2009		136		21,324,574		1.89		8.312		628		81.27
September 2009		210		25,740,442		2.28		8.673		617		79.36
October 2009		45		5,864,629		0.52		8.380		633		80.67
Total:		5,051		1,129,681,002		100.00		8.313		620		81.22

*ARM Loans Only

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE TOTAL COLLATERAL

Gross Margin*

Gross Margin (%)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
3.000 - 3.499		1		195,838		0.02		9.150		515		83.40
3.500 - 3.999		1		324,717		0.03		6.700		573		65.00
4.500 - 4.999		2		197,261		0.02		9.724		581		82.91
5.000 - 5.499		4		420,433		0.04		9.392		537		86.57
5.500 - 5.999		935		226,022,653		20.01		8.018		634		81.83
6.000 - 6.499		3,527		785,790,308		69.56		8.286		622		81.86
6.500 - 6.999		422		87,957,544		7.79		8.986		581		77.57
7.000 - 7.499		143		26,560,802		2.35		9.264		561		69.56
7.500 - 7.999		12		1,620,689		0.14		10.131		563		72.85
8.000 - 8.499		2		203,382		0.02		8.380		617		85.56
8.500 - 8.999		2		387,375		0.03		10.500		581		80.00
Total:		5,051		1,129,681,002		100.00		8.313		620		81.22

*ARM Loans Only

Maximum Mortgage Rate*

Maximum Mortgage Rate (%)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
12.500 - 12.999		30		10,439,885		0.92		5.878		666		78.54
13.000 - 13.499		87		30,979,031		2.74		6.317		654		79.82
13.500 - 13.999		286		87,485,611		7.74		6.789		645		78.32
14.000 - 14.499		482		136,853,925		12.11		7.271		647		79.84
14.500 - 14.999		848		219,035,442		19.39		7.770		632		80.08
15.000 - 15.499		710		163,693,138		14.49		8.263		622		80.78
15.500 - 15.999		907		196,235,533		17.37		8.753		607		81.68
16.000 - 16.499		588		116,178,791		10.28		9.235		597		83.51
16.500 - 16.999		593		96,140,980		8.51		9.751		591		84.50
17.000 - 17.499		285		41,412,066		3.67		10.211		589		84.86
17.500 - 17.999		157		21,651,527		1.92		10.695		572		83.07
18.000 - 18.499		52		6,513,179		0.58		11.166		556		78.73
18.500 - 18.999		23		2,717,719		0.24		11.722		567		78.03
19.000 - 19.499		2		281,206		0.02		12.187		517		66.31
19.500 - 19.999		1		62,967		0.01		12.540		518		70.00
Total:		5,051		1,129,681,002		100.00		8.313		620		81.22

*ARM Loans Only

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE TOTAL COLLATERAL

Minimum Mortgage Rate*

Minimum Mortgage Rate (%)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
5.500 - 5.999		29		10,305,243		0.91		5.868		666		78.46
6.000 - 6.499		85		30,575,792		2.71		6.304		654		79.81
6.500 - 6.999		285		87,223,062		7.72		6.785		645		78.36
7.000 - 7.499		477		135,733,736		12.02		7.261		647		79.83
7.500 - 7.999		845		218,710,328		19.36		7.766		632		80.08
8.000 - 8.499		713		164,592,124		14.57		8.258		622		80.80
8.500 - 8.999		909		196,532,913		17.40		8.751		607		81.66
9.000 - 9.499		591		116,666,354		10.33		9.234		597		83.48
9.500 - 9.999		593		96,108,334		8.51		9.747		591		84.58
10.000 - 10.499		285		41,445,568		3.67		10.208		589		84.88
10.500 - 10.999		159		22,059,128		1.95		10.689		573		82.82
11.000 - 11.499		53		6,616,557		0.59		11.165		555		78.30
11.500 - 11.999		24		2,767,688		0.24		11.720		567		77.72
12.000 - 12.499		2		281,206		0.02		12.187		517		66.31
12.500 - 12.999		1		62,967		0.01		12.540		518		70.00
Total:		5,051		1,129,681,002		100.00		8.313		620		81.22

*ARM Loans Only

Initial Periodic Rate Cap*

Initial Periodic Cap (%)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
1.000		25		4,225,649		0.37		8.545		615		77.95
1.500		286		76,419,297		6.76		8.267		623		82.58
2.000		4,736		1,048,347,665		92.80		8.315		619		81.14
3.000		4		688,391		0.06		10.123		580		69.04
Total:		5,051		1,129,681,002		100.00		8.313		620		81.22

*ARM Loans Only

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE TOTAL COLLATERAL

Subsequent Periodic Rate Cap*

Subsequent Periodic Cap (%)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
1.000		24		4,125,761		0.37		8.537		616		78.45
1.500		5,027		1,125,555,240		99.63		8.313		620		81.23
Total:		5,051		1,129,681,002		100.00		8.313		620		81.22

*ARM Loans Only

Lifetime Periodic Cap*

Lifetime Periodic Cap (%)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
6.000 - 6.499		30		4,977,968		0.44		8.768		609		76.74
7.000 - 7.499		5,021		1,124,703,034		99.56		8.311		620		81.24
Total:		5,051		1,129,681,002		100.00		8.313		620		81.22

*ARM Loans Only

Original Prepayment Charge Term

Prepayment Penalty Term (mos.)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
0		2,546		410,108,333		27.32		8.919		626		82.65
12		357		96,916,609		6.46		8.214		646		80.43
24		3,796		769,690,917		51.27		8.288		618		81.99
36		1,493		224,613,734		14.96		8.076		636		78.81
60		1		62,634		0.00		9.850		587		71.31
Total:		8,193		1,501,392,227		100.00		8.424		625		81.59

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP IA COLLATERAL

SUMMARY - GROUP IA POOL*

Number of Mortgage Loans:	3,216		Index Type:
Aggregate Principal Balance:	$505,142,994		6 Month LIBOR:	74.30%
Conforming Principal Balance Loans:	$505,142,994		Fixed Rate:	25.70%
Average Principal Balance:	$157,072		W.A. Initial Periodic Cap:	1.970%
Range:	$14,965 - $674,599		W.A. Subsequent Periodic Cap:	1.498%
W.A. Coupon:	8.504%		W.A. Lifetime Rate Cap:	6.995%
Range:	5.625% - 14.800%		Property Type:
W.A. Gross Margin:	6.220%		Single Family:	72.65%
Range:	3.500% - 8.500%		PUD:	13.92%
W.A. Remaining Term (months):	355		2-4 Family:	7.12%
Range (months):	116 - 360		Condo:	6.28%
W.A. Seasoning (months):		2	Modular:	0.03%
Latest Maturity Date:	November 1, 2036		Occupancy Status:
State Concentration (Top 5):			Primary:	81.42%
California:	18.74%		Investment:	13.00%
Florida:	10.96%		Second Home:	5.58%
Texas:	5.94%		Documentation Status:
Arizona:	4.96%		Full:	64.14%
New Jersey:	4.50%		Stated:	33.27%
W.A. Original Combined LTV:	79.82%		Limited:	0.92%
Range:	5.62% - 100.00%		No:	1.67%
First Liens:	97.55%		Non-Zero W.A. Prepayment Penalty - Term (months):		26
Second Liens:	2.45%		Loans with Prepay Penalties:	71.22%
Non-Balloon Loans:	54.78%		Interest Only Loans:	11.80%
Non-Zero W.A. FICO Score:	614		Non-Zero W.A. Interest Only Term (months):	60

* Subject to a permitted variance of +/- 10%

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP IA COLLATERAL

Originator

Number of

Initial Mortgage

Loans

Aggregate

Remaining

Principal Balance ($)

% of Aggregate

Remaining

Principal Balance

W.A.

Coupon (%)

W.A.

Non-Zero

FICO

W.A.

Original

CLTV (%)

New Century

3,216

505,142,994

100.00

8.504

614

79.82

Total:

3,216

505,142,994

100.00

8.504

614

79.82

Collateral Type

Collateral Type	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
Fixed - 10 Year		6		386,444		0.08		8.133		593		59.71
Fixed - 15 Year		27		2,815,401		0.56		7.493		628		66.08
Fixed - 20 Year		29		3,509,432		0.69		7.959		621		77.53
Fixed - 25 Year		4		503,452		0.10		8.462		620		79.96
Fixed - 30 Year		782		78,847,623		15.61		8.589		630		79.17
Balloon - 30/40		233		43,744,407		8.66		7.775		633		76.53
ARM - 2 Year/6 Month		783		114,150,231		22.60		8.927		603		81.19
ARM - 2 Year/6 Month IO		219		53,293,318		10.55		7.734		639		79.17
ARM - 2 Year/6 Month 30/40 Balloon		878		179,020,769		35.44		8.601		601		80.40
ARM - 3 Year/6 Month		179		16,885,838		3.34		9.058		602		80.32
ARM - 3 Year/6 Month IO		34		6,331,052		1.25		7.799		658		83.02
ARM - 3 Year/6 Month 30/40 Balloon		42		5,655,027		1.12		8.638		623		79.01
Total:		3,216		505,142,994		100.00		8.504		614		79.82

IO Terms

IO Terms (mos.)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
0		2,963		445,518,624		88.20		8.606		610		79.85
60		253		59,624,370		11.80		7.741		641		79.57
Total:		3,216		505,142,994		100.00		8.504		614		79.82

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP IA COLLATERAL

Principal Balance at Origination

Principal Balance at Origination ($)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)			% of Aggregate Remaining Principal Balance	W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
0.01 - 50,000.00		269		8,829,289	1.75			11.037		628		94.84
50,000.01 - 100,000.00		870		64,558,607	12.78			9.256		606		80.98
100,000.01 - 150,000.00		686		85,538,696	16.93			8.737		611		79.36
150,000.01 - 200,000.00		496		85,861,792	17.00			8.502		608		77.41
200,000.01 - 250,000.00		327		73,162,071	14.48			8.323		612		79.77
250,000.01 - 300,000.00		241		66,339,294	13.13			8.207		618		79.33
300,000.01 - 350,000.00		127		40,980,459	8.11			8.222		619		79.88
350,000.01 - 400,000.00		136		50,690,634	10.03			7.891		620		79.76
400,000.01 - 450,000.00		45		18,788,014	3.72			8.005		623		80.94
450,000.01 - 500,000.00		4		1,923,027	0.38			8.229		636		86.95
500,000.01 - 550,000.00		8		4,228,513	0.84			7.558		625		79.86
550,000.01 - 600,000.00		4		2,324,512	0.46			8.621		669		89.95
600,000.01 - 650,000.00		2		1,243,488	0.25			7.712		675		87.44
650,000.01 - 700,000.00		1		674,599	0.13			7.990		678		90.00
Total:		3,216		505,142,994	100.00			8.504		614		79.82

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP IA COLLATERAL

Remaining Principal Balance

Remaining Principal Balance ($)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
0.01 - 50,000.00		271		8,929,264		1.77		11.027		628		94.81
50,000.01 - 100,000.00		870		64,658,493		12.80		9.248		607		80.85
100,000.01 - 150,000.00		685		85,488,827		16.92		8.740		610		79.44
150,000.01 - 200,000.00		495		85,711,800		16.97		8.502		608		77.41
200,000.01 - 250,000.00		327		73,162,071		14.48		8.323		612		79.77
250,000.01 - 300,000.00		241		66,339,294		13.13		8.207		618		79.33
300,000.01 - 350,000.00		131		42,378,121		8.39		8.199		620		79.34
350,000.01 - 400,000.00		132		49,292,971		9.76		7.901		620		80.22
400,000.01 - 450,000.00		45		18,788,014		3.72		8.005		623		80.94
450,000.01 - 500,000.00		4		1,923,027		0.38		8.229		636		86.95
500,000.01 - 550,000.00		8		4,228,513		0.84		7.558		625		79.86
550,000.01 - 600,000.00		4		2,324,512		0.46		8.621		669		89.95
600,000.01 - 650,000.00		2		1,243,488		0.25		7.712		675		87.44
650,000.01 - 700,000.00		1		674,599		0.13		7.990		678		90.00
Total:		3,216		505,142,994		100.00		8.504		614		79.82

Remaining Term

Months Remaining	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
61 - 120		6		386,444		0.08		8.133		593		59.71
121 - 180		27		2,815,401		0.56		7.493		628		66.08
181 - 240		29		3,509,432		0.69		7.959		621		77.53
241 - 300		4		503,452		0.10		8.462		620		79.96
301 - 360		3,150		497,928,265		98.57		8.514		614		79.93
Total:		3,216		505,142,994		100.00		8.504		614		79.82

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP IA COLLATERAL

Mortgage Rate

Mortgage Rate (%)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
5.500 - 5.999		10		2,858,708		0.57		5.816		657		76.66
6.000 - 6.499		26		6,521,867		1.29		6.243		647		76.68
6.500 - 6.999		239		51,291,725		10.15		6.714		648		72.23
7.000 - 7.499		238		49,526,958		9.80		7.264		638		75.94
7.500 - 7.999		425		78,715,780		15.58		7.756		624		78.37
8.000 - 8.499		363		66,663,199		13.20		8.253		613		79.05
8.500 - 8.999		514		86,571,979		17.14		8.743		603		80.53
9.000 - 9.499		338		51,777,401		10.25		9.239		593		81.97
9.500 - 9.999		436		54,832,884		10.85		9.757		596		84.03
10.000 - 10.499		225		28,366,574		5.62		10.211		596		85.33
10.500 - 10.999		155		15,027,400		2.97		10.702		593		84.07
11.000 - 11.499		73		5,334,197		1.06		11.202		595		85.75
11.500 - 11.999		60		3,264,163		0.65		11.715		607		91.72
12.000 - 12.499		60		2,537,036		0.50		12.175		615		98.59
12.500 - 12.999		29		1,056,041		0.21		12.684		600		97.67
13.000 - 13.499		18		574,867		0.11		13.171		611		99.73
13.500 - 13.999		4		117,385		0.02		13.669		592		100.00
14.000 - 14.499		2		65,748		0.01		14.079		607		100.00
14.500 - 14.999		1		39,082		0.01		14.800		593		100.00
Total:		3,216		505,142,994		100.00		8.504		614		79.82

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP IA COLLATERAL

Original Combined Loan-to-Value Ratio

Original Combined Loan-to-Value Ratio (%)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
Less than or equal to 50.00		120		17,589,208		3.48		7.904		609		39.63
50.01 - 55.00		48		8,218,310		1.63		7.607		600		52.76
55.01 - 60.00		81		15,373,446		3.04		8.022		594		57.76
60.01 - 65.00		119		21,416,402		4.24		8.134		592		63.60
65.01 - 70.00		151		27,689,918		5.48		8.055		600		68.65
70.01 - 75.00		221		39,817,750		7.88		8.258		586		74.17
75.01 - 80.00		944		152,613,046		30.21		8.220		625		79.68
80.01 - 85.00		394		69,847,778		13.83		8.676		589		84.45
85.01 - 90.00		592		98,953,719		19.59		8.908		625		89.73
90.01 - 95.00		235		41,457,224		8.21		8.830		641		94.82
95.01 - 100.00		311		12,166,193		2.41		11.248		638		99.96
Total:		3,216		505,142,994		100.00		8.504		614		79.82

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP IA COLLATERAL

FICO Score at Origination

FICO Score At Origination	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
500 - 524		244		37,732,745		7.47		9.374		512		74.67
525 - 549		252		40,323,268		7.98		9.003		537		75.80
550 - 574		353		56,733,534		11.23		8.892		561		77.34
575 - 599		482		69,897,636		13.84		8.660		588		80.90
600 - 624		570		84,552,694		16.74		8.341		611		80.30
625 - 649		493		77,255,395		15.29		8.215		637		81.78
650 - 674		367		58,598,977		11.60		8.192		661		81.68
675 - 699		221		39,656,157		7.85		8.142		686		81.68
700 - 724		118		21,546,782		4.27		7.843		710		80.51
725 - 749		62		10,018,506		1.98		8.163		735		81.12
750 - 774		40		6,279,894		1.24		8.367		762		82.45
775 - 799		12		2,223,868		0.44		9.191		783		81.31
800 - 824		2		323,538		0.06		8.220		811		77.09
Total:		3,216		505,142,994		100.00		8.504		614		79.82

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP IA COLLATERAL

Geographic Distribution*

Location	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
California		367		94,676,576		18.74		8.002		622		74.90
Florida		332		55,341,281		10.96		8.529		606		77.86
Texas		330		30,022,333		5.94		8.778		610		80.72
Arizona		143		25,031,687		4.96		8.537		617		80.47
New Jersey		108		22,721,428		4.50		8.619		612		79.79
New York		98		22,440,842		4.44		8.045		631		77.93
Illinois		154		21,246,420		4.21		8.684		616		81.18
Maryland		88		18,187,488		3.60		8.468		601		79.18
Pennsylvania		110		14,704,678		2.91		8.672		603		82.29
Massachusetts		65		14,011,875		2.77		8.401		595		79.92
Hawaii		53		13,824,490		2.74		7.599		646		77.32
Washington		72		12,921,841		2.56		8.527		609		82.24
Nevada		60		12,882,976		2.55		8.259		620		79.74
Georgia		97		12,389,721		2.45		8.666		635		85.04
Minnesota		79		12,160,839		2.41		8.712		617		84.37
Colorado		55		9,082,741		1.80		8.392		621		83.32
Ohio		102		8,857,380		1.75		9.123		607		86.82
Connecticut		47		8,664,384		1.72		8.653		600		78.23
Michigan		96		8,662,182		1.71		9.457		602		85.27
Virginia		49		7,919,965		1.57		8.358		611		79.36
Oregon		50		7,676,256		1.52		8.446		624		80.70
Indiana		79		6,779,811		1.34		9.262		606		85.58
Wisconsin		55		6,472,274		1.28		8.923		615		83.67
Tennessee		64		6,262,195		1.24		8.898		601		82.04
Missouri		47		4,897,320		0.97		9.208		581		82.71
North Carolina		37		4,814,004		0.95		9.169		601		84.35
South Carolina		35		3,731,633		0.74		9.223		613		86.66
New Hampshire		23		3,681,379		0.73		9.112		624		82.93
New Mexico		27		3,515,400		0.70		8.892		611		82.20
Idaho		24		3,334,719		0.66		8.934		604		82.74
Rhode Island		17		3,101,460		0.61		8.472		610		80.43
Alabama		27		2,418,243		0.48		9.427		605		85.57
Utah		23		2,416,853		0.48		8.774		608		83.25
Arkansas		24		2,301,936		0.46		9.033		609		82.18

*Geographic Distribution continued on the next page

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP IA COLLATERAL

Geographic Distribution (Continued)

Location	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
Kentucky		22		2,238,640		0.44		8.992		591		82.65
Maine		17		2,093,020		0.41		8.507		622		75.84
Oklahoma		21		2,004,973		0.40		9.145		627		87.34
Mississippi		21		1,698,738		0.34		9.696		589		85.23
Nebraska		17		1,466,377		0.29		9.433		622		87.01
Montana		11		1,307,677		0.26		9.028		631		89.04
Iowa		14		1,169,645		0.23		9.701		585		86.40
Alaska		6		1,149,114		0.23		8.211		614		81.61
Kansas		15		1,143,733		0.23		9.163		631		85.59
Delaware		7		922,742		0.18		8.862		596		85.68
Louisiana		9		882,368		0.17		9.410		583		84.78
District of Columbia		4		684,617		0.14		8.605		597		79.53
West Virginia		4		419,271		0.08		9.905		579		81.86
Vermont		3		304,398		0.06		7.810		628		79.06
South Dakota		4		229,554		0.05		9.497		667		83.94
Wyoming		2		164,622		0.03		10.681		539		88.01
North Dakota		2		108,895		0.02		8.554		651		84.88
Total:		3,216		505,142,994		100.00		8.504		614		79.82

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP IA COLLATERAL

Occupancy Status

Occupancy Status	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
Primary		2,654		411,311,236		81.42		8.380		604		78.91
Investment		417		65,659,590		13.00		9.325		650		84.86
Second Home		145		28,172,167		5.58		8.398		671		81.42
Total:		3,216		505,142,994		100.00		8.504		614		79.82

Documentation Type

Program	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
Full Documentation		2,171		323,975,546		64.14		8.279		603		79.95
Stated Documentation		971		168,076,251		33.27		8.988		631		79.87
No Documentation		46		8,451,602		1.67		7.620		694		73.54
Limited Documentation		28		4,639,595		0.92		8.336		632		80.42
Total:		3,216		505,142,994		100.00		8.504		614		79.82

Loan Purpose

Purpose	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)			% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
Refinance - Cashout		1,667		295,978,724			58.59		8.361		600		76.75
Purchase		1,205		149,367,343			29.57		8.928		642		85.29
Refinance - Rate Term		344		59,796,927	��		11.84		8.156		614		81.35
Total:		3,216		505,142,994			100.00		8.504		614		79.82

Property Type

Property Type	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
Single Family Residence		2,455		366,995,813		72.65		8.481		609		79.34
PUD		395		70,310,953		13.92		8.438		623		81.56
2-4 Family		157		35,950,824		7.12		8.773		625		80.66
Condo		208		31,748,225		6.28		8.611		644		80.58
Modular		1		137,180		0.03		8.400		546		75.00
Total:		3,216		505,142,994		100.00		8.504		614		79.82

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP IA COLLATERAL

Next Rate Adjustment Date*

Month & Year of Next Rate Adjustment	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
April 2008		3		533,605		0.14		9.145		675		93.35
May 2008		11		2,605,691		0.69		8.006		602		79.20
June 2008		55		10,712,736		2.85		8.520		597		79.14
July 2008		307		59,393,736		15.82		8.728		607		81.30
August 2008		411		73,232,578		19.51		8.617		610		80.56
September 2008		463		91,396,547		24.35		8.467		603		79.46
October 2008		629		108,298,401		28.85		8.567		611		80.89
November 2008		1		291,023		0.08		9.700		750		83.15
June 2009		2		292,593		0.08		8.144		621		88.03
July 2009		53		7,452,493		1.99		8.362		628		79.31
August 2009		72		7,623,275		2.03		8.714		615		83.01
September 2009		99		10,488,159		2.79		8.886		615		79.70
October 2009		29		3,015,398		0.80		8.903		616		80.62
Total:		2,135		375,336,235		100.00		8.585		608		80.48

*ARM Loans Only

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP IA COLLATERAL

Gross Margin*

Gross Margin (%)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
3.500 - 3.999		1		324,717		0.09		6.700		573		65.00
4.500 - 4.999		1		57,396		0.02		10.025		645		90.00
5.000 - 5.499		4		420,433		0.11		9.392		537		86.57
5.500 - 5.999		375		67,669,959		18.03		8.355		621		80.98
6.000 - 6.499		1,469		259,472,928		69.13		8.542		612		81.53
6.500 - 6.999		204		33,694,854		8.98		9.029		574		76.01
7.000 - 7.499		69		12,038,586		3.21		9.381		561		68.64
7.500 - 7.999		9		1,262,289		0.34		10.023		559		72.24
8.000 - 8.499		2		203,382		0.05		8.380		617		85.56
8.500 - 8.999		1		191,691		0.05		10.500		537		80.00
Total:		2,135		375,336,235		100.00		8.585		608		80.48

*ARM Loans Only

Maximum Mortgage Rate*

Maximum Mortgage Rate (%)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
12.500 - 12.999		10		2,858,708		0.76		5.816		657		76.66
13.000 - 13.499		24		6,563,702		1.75		6.280		649		76.69
13.500 - 13.999		85		20,433,917		5.44		6.770		634		76.36
14.000 - 14.499		152		32,295,012		8.60		7.284		635		76.81
14.500 - 14.999		300		58,123,623		15.49		7.770		622		78.66
15.000 - 15.499		298		56,654,140		15.09		8.262		610		79.75
15.500 - 15.999		381		69,160,112		18.43		8.744		599		80.44
16.000 - 16.499		269		44,809,414		11.94		9.239		591		82.43
16.500 - 16.999		318		45,449,714		12.11		9.763		594		84.20
17.000 - 17.499		169		23,601,842		6.29		10.211		599		85.15
17.500 - 17.999		88		10,994,870		2.93		10.708		586		82.77
18.000 - 18.499		30		3,240,123		0.86		11.179		565		79.43
18.500 - 18.999		10		1,088,091		0.29		11.726		583		81.47
19.500 - 19.999		1		62,967		0.02		12.540		518		70.00
Total:		2,135		375,336,235		100.00		8.585		608		80.48

*ARM Loans Only

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP IA COLLATERAL

Minimum Mortgage Rate*

Minimum Mortgage Rate (%)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
5.500 - 5.999		10		2,858,708		0.76		5.816		657		76.66
6.000 - 6.499		23		6,319,891		1.68		6.242		650		76.57
6.500 - 6.999		84		20,286,249		5.40		6.765		634		76.33
7.000 - 7.499		150		31,954,503		8.51		7.266		634		76.93
7.500 - 7.999		299		57,968,656		15.44		7.764		623		78.66
8.000 - 8.499		299		57,031,743		15.19		8.259		611		79.71
8.500 - 8.999		383		69,462,747		18.51		8.744		599		80.44
9.000 - 9.499		271		45,016,130		11.99		9.239		591		82.37
9.500 - 9.999		316		45,187,828		12.04		9.758		594		84.34
10.000 - 10.499		169		23,601,842		6.29		10.211		599		85.15
10.500 - 10.999		89		11,206,787		2.99		10.700		586		82.33
11.000 - 11.499		30		3,240,123		0.86		11.179		565		79.43
11.500 - 11.999		11		1,138,060		0.30		11.723		581		80.57
12.500 - 12.999		1		62,967		0.02		12.540		518		70.00
Total:		2,135		375,336,235		100.00		8.585		608		80.48

*ARM Loans Only

Initial Periodic Rate Cap*

Initial Periodic Cap (%)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
1.000		10		1,535,120		0.41		8.405		628		74.77
1.500		109		20,186,986		5.38		8.515		604		80.97
2.000		2,014		353,352,243		94.14		8.588		609		80.50
3.000		2		261,886		0.07		10.523		571		60.00
Total:		2,135		375,336,235		100.00		8.585		608		80.48

*ARM Loans Only

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP IA COLLATERAL

Subsequent Periodic Rate Cap*

Subsequent Periodic Cap (%)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
1.000		10		1,535,120		0.41		8.405		628		74.77
1.500		2,125		373,801,115		99.59		8.585		608		80.51
Total:		2,135		375,336,235		100.00		8.585		608		80.48

*ARM Loans Only

Lifetime Periodic Cap*

Lifetime Periodic Cap (%)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
6.000 - 6.499		12		1,797,006		0.48		8.714		620		72.62
7.000 - 7.499		2,123		373,539,229		99.52		8.584		608		80.52
Total:		2,135		375,336,235		100.00		8.585		608		80.48

*ARM Loans Only

Original Prepayment Charge Term

Prepayment Penalty Term (mos.)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
0		1,013		145,361,160		28.78		8.910		614		80.81
12		123		25,633,877		5.07		8.170		628		78.02
24		1,442		245,769,923		48.65		8.491		606		80.55
36		638		88,378,033		17.50		7.971		633		76.68
Total:		3,216		505,142,994		100.00		8.504		614		79.82

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP IB COLLATERAL

SUMMARY - GROUP IB POOL*

Number of Mortgage Loans:	2,359		Index Type:
Aggregate Principal Balance:	$381,580,444		6 Month LIBOR:	71.19%
Conforming Principal Balance Loans:	$381,580,444		Fixed Rate:	28.81%
Average Principal Balance:	$161,755		W.A. Initial Periodic Cap:	1.971%
Range:	$8,326 - $684,963		W.A. Subsequent Periodic Cap:	1.497%
W.A. Coupon:	8.415%		W.A. Lifetime Rate Cap:	6.993%
Range:	5.650% - 12.900%		Property Type:
W.A. Gross Margin:	6.228%		Single Family:	76.41%
Range:	3.250% - 7.600%		PUD:	11.61%
W.A. Remaining Term (months):	356		2-4 Family:	6.74%
Range (months):	118 - 359		Condo:	5.20%
W.A. Seasoning (months):		2	Modular:	0.04%
Latest Maturity Date:	October 1, 2036		Occupancy Status:
State Concentration (Top 5):			Primary:	94.39%
California:	21.63%		Investment:	4.81%
Florida:	10.78%		Second Home:	0.80%
Texas:	6.64%		Documentation Status:
Arizona:	5.14%		Full:	68.52%
Massachusetts:	4.33%		Stated:	29.97%
W.A. Original Combined LTV:	79.50%		Limited:	1.51%
Range:	5.88% - 100.00%
First Liens:	95.99%		Non-Zero W.A. Prepayment Penalty - Term (months):		26
Second Liens:	4.01%		Loans with Prepay Penalties:	71.69%
Non-Balloon Loans:	53.27%		Interest Only Loans:	9.54%
Non-Zero W.A. FICO Score:	604		Non-Zero W.A. Interest Only Term (months):	60

* Subject to a permitted variance of +/- 10%

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP IB COLLATERAL

Originator

Number of

Initial Mortgage

Loans

Aggregate

Remaining

Principal Balance ($)

% of Aggregate

Remaining

Principal Balance

W.A.

Coupon (%)

W.A.

Non-Zero

FICO

W.A.

Original

CLTV (%)

New Century

2,359

381,580,444

100.00

8.415

604

79.50

Total:

2,359

381,580,444

100.00

8.415

604

79.50

Collateral Type

Collateral Type	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
Fixed - 10 Year		1		59,343		0.02		8.040		643		75.00
Fixed - 15 Year		24		2,194,466		0.58		8.817		613		75.67
Fixed - 20 Year		18		1,781,652		0.47		8.141		613		79.05
Fixed - 30 Year		688		72,099,860		18.90		8.736		627		81.28
Balloon - 30/40		162		33,806,378		8.86		7.734		624		76.57
ARM - 2 Year/6 Month		542		81,690,426		21.41		8.686		594		79.30
ARM - 2 Year/6 Month IO		125		32,642,230		8.55		7.542		642		81.64
ARM - 2 Year/6 Month 30/40 Balloon		667		139,797,910		36.64		8.452		585		78.80
ARM - 3 Year/6 Month		89		9,015,835		2.36		8.817		594		78.33
ARM - 3 Year/6 Month IO		21		3,765,836		0.99		7.674		635		83.01
ARM - 3 Year/6 Month 30/40 Balloon		22		4,726,507		1.24		8.399		594		83.94
Total:		2,359		381,580,444		100.00		8.415		604		79.50

IO Terms

IO Terms (mos.)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
0		2,213		345,172,378		90.46		8.506		601		79.26
60		146		36,408,066		9.54		7.556		642		81.78
Total:		2,359		381,580,444		100.00		8.415		604		79.50

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP IB COLLATERAL

Principal Balance at Origination

Principal Balance at Origination ($)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
0.01 - 50,000.00		190		6,632,696		1.74		10.960		630		94.23
50,000.01 - 100,000.00		578		43,927,144		11.51		9.264		601		80.96
100,000.01 - 150,000.00		537		67,020,735		17.56		8.815		600		79.91
150,000.01 - 200,000.00		357		62,467,476		16.37		8.406		600		76.31
200,000.01 - 250,000.00		258		57,854,873		15.16		8.113		601		78.18
250,000.01 - 300,000.00		174		47,554,360		12.46		7.979		606		78.45
300,000.01 - 350,000.00		114		37,035,107		9.71		8.317		605		79.79
350,000.01 - 400,000.00		109		40,775,234		10.69		7.858		608		81.99
400,000.01 - 450,000.00		32		13,148,026		3.45		7.406		630		80.90
450,000.01 - 500,000.00		6		2,865,572		0.75		7.965		617		74.72
500,000.01 - 550,000.00		2		1,053,805		0.28		7.741		702		87.43
550,000.01 - 600,000.00		1		560,454		0.15		8.430		567		85.00
650,000.01 - 700,000.00		1		684,963		0.18		7.750		721		89.97
Total:		2,359		381,580,444		100.00		8.415		604		79.50

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP IB COLLATERAL

Remaining Principal Balance

Remaining Principal Balance ($)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
0.01 - 50,000.00		192		6,689,762		1.75		10.964		630		94.25
50,000.01 - 100,000.00		577		43,969,871		11.52		9.258		602		80.94
100,000.01 - 150,000.00		536		66,920,941		17.54		8.816		599		79.91
150,000.01 - 200,000.00		358		62,667,198		16.42		8.400		600		76.30
200,000.01 - 250,000.00		257		57,655,152		15.11		8.118		601		78.20
250,000.01 - 300,000.00		175		47,854,077		12.54		7.985		605		78.49
300,000.01 - 350,000.00		114		37,085,169		9.72		8.311		606		79.83
350,000.01 - 400,000.00		108		40,425,454		10.59		7.854		608		81.93
400,000.01 - 450,000.00		32		13,148,026		3.45		7.406		630		80.90
450,000.01 - 500,000.00		6		2,865,572		0.75		7.965		617		74.72
500,000.01 - 550,000.00		2		1,053,805		0.28		7.741		702		87.43
550,000.01 - 600,000.00		1		560,454		0.15		8.430		567		85.00
650,000.01 - 700,000.00		1		684,963		0.18		7.750		721		89.97
Total:		2,359		381,580,444		100.00		8.415		604		79.50

Remaining Term

Months Remaining	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
61 - 120		1		59,343		0.02		8.040		643		75.00
121 - 180		24		2,194,466		0.58		8.817		613		75.67
181 - 240		18		1,781,652		0.47		8.141		613		79.05
301 - 360		2,316		377,544,983		98.94		8.414		604		79.52
Total:		2,359		381,580,444		100.00		8.415		604		79.50

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP IB COLLATERAL

Mortgage Rate

Mortgage Rate (%)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
5.500 - 5.999		6		1,285,394		0.34		5.916		677		71.74
6.000 - 6.499		26		8,115,768		2.13		6.321		633		76.77
6.500 - 6.999		190		43,723,493		11.46		6.739		648		73.91
7.000 - 7.499		200		42,457,934		11.13		7.237		630		76.83
7.500 - 7.999		327		62,787,648		16.45		7.765		618		78.81
8.000 - 8.499		281		49,275,680		12.91		8.246		597		78.73
8.500 - 8.999		380		65,054,499		17.05		8.760		590		79.27
9.000 - 9.499		251		38,419,128		10.07		9.243		575		81.68
9.500 - 9.999		253		30,443,469		7.98		9.743		578		83.76
10.000 - 10.499		128		14,912,799		3.91		10.210		571		82.70
10.500 - 10.999		113		11,370,044		2.98		10.721		569		85.23
11.000 - 11.499		55		4,966,960		1.30		11.182		596		87.61
11.500 - 11.999		76		4,999,160		1.31		11.745		614		91.66
12.000 - 12.499		50		2,797,193		0.73		12.204		600		92.88
12.500 - 12.999		23		971,276		0.25		12.693		617		100.00
Total:		2,359		381,580,444		100.00		8.415		604		79.50

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP IB COLLATERAL

Original Combined Loan-to-Value Ratio

Original Combined Loan-to-Value Ratio (%)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
Less than or equal to 50.00		90		12,991,975		3.40		8.091		602		40.08
50.01 - 55.00		43		7,464,014		1.96		7.592		607		52.48
55.01 - 60.00		53		9,770,939		2.56		7.833		593		58.16
60.01 - 65.00		109		21,550,942		5.65		7.922		586		63.62
65.01 - 70.00		127		23,977,598		6.28		8.192		586		68.60
70.01 - 75.00		178		32,933,861		8.63		8.467		584		73.95
75.01 - 80.00		664		105,904,124		27.75		8.121		614		79.56
80.01 - 85.00		304		55,801,585		14.62		8.563		585		84.43
85.01 - 90.00		367		68,507,926		17.95		8.586		611		89.69
90.01 - 95.00		139		27,514,600		7.21		8.432		625		94.71
95.01 - 100.00		285		15,162,879		3.97		11.127		649		99.94
Total:		2,359		381,580,444		100.00		8.415		604		79.50

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP IB COLLATERAL

FICO Score at Origination

FICO Score At Origination	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
500 - 524		210		33,777,789		8.85		9.365		513		74.84
525 - 549		212		32,809,061		8.60		8.851		537		76.00
550 - 574		312		53,437,604		14.00		8.857		561		78.28
575 - 599		341		54,001,434		14.15		8.590		587		79.14
600 - 624		449		73,116,390		19.16		8.217		612		80.64
625 - 649		379		58,621,255		15.36		8.120		638		82.31
650 - 674		213		36,951,230		9.68		7.921		660		81.73
675 - 699		109		16,798,433		4.40		7.830		685		80.28
700 - 724		66		12,116,545		3.18		7.584		710		81.38
725 - 749		46		7,307,653		1.92		7.436		736		78.77
750 - 774		18		2,186,630		0.57		7.495		763		81.17
775 - 799		4		456,422		0.12		7.757		790		61.79
Total:		2,359		381,580,444		100.00		8.415		604		79.50

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP IB COLLATERAL

Geographic Distribution*

Location	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
California		332		82,532,443		21.63		7.874		615		76.17
Florida		232		41,127,349		10.78		8.471		597		76.53
Texas		279		25,339,899		6.64		8.504		607		80.03
Arizona		113		19,595,555		5.14		8.345		598		80.41
Massachusetts		75		16,536,660		4.33		8.239		607		80.32
Illinois		105		15,884,019		4.16		8.545		612		82.33
Maryland		77		15,024,014		3.94		8.442		592		77.11
New Jersey		73		14,619,103		3.83		8.464		617		79.45
New York		63		14,232,591		3.73		8.217		614		76.66
Virginia		61		11,675,261		3.06		8.329		601		79.83
Pennsylvania		88		10,120,964		2.65		8.854		595		81.74
Washington		46		8,224,743		2.16		8.504		591		84.56
Georgia		63		8,136,014		2.13		9.271		599		83.70
Michigan		78		7,898,544		2.07		9.118		595		84.45
Connecticut		38		7,133,259		1.87		8.612		589		79.33
Ohio		63		6,328,647		1.66		9.176		584		84.92
Minnesota		34		6,032,429		1.58		8.666		610		85.06
Hawaii		23		5,638,789		1.48		7.832		638		74.79
Oregon		32		5,431,222		1.42		8.096		611		82.15
Nevada		25		5,317,482		1.39		7.846		610		83.55
Colorado		34		5,279,394		1.38		8.770		608		83.14
Wisconsin		42		4,944,260		1.30		9.160		586		81.06
Indiana		46		4,423,698		1.16		9.089		595		84.38
Tennessee		39		3,752,445		0.98		8.941		600		84.97
Missouri		34		3,460,750		0.91		9.446		585		84.93
North Carolina		25		3,246,679		0.85		9.321		582		83.36
Utah		23		3,170,041		0.83		8.611		604		81.82
Idaho		21		3,042,487		0.80		8.355		610		77.33
Alabama		25		2,862,669		0.75		8.972		585		81.41
Arkansas		19		2,136,889		0.56		8.657		610		82.69
Maine		11		2,039,282		0.53		8.048		608		79.56
New Mexico		17		1,872,223		0.49		8.663		586		78.68
Rhode Island		10		1,850,863		0.49		8.151		621		78.36
Nebraska		14		1,632,294		0.43		9.056		595		88.85

*Geographic Distribution continued on the next page

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP IB COLLATERAL

Geographic Distribution (Continued)

Location	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
Mississippi		15		1,603,042		0.42		9.559		570		88.28
New Hampshire		8		1,517,551		0.40		8.424		591		79.18
South Carolina		12		1,311,275		0.34		8.794		607		83.47
Oklahoma		15		1,186,455		0.31		9.340		584		81.94
Iowa		12		1,179,334		0.31		9.504		587		87.70
Kentucky		7		867,920		0.23		9.532		563		87.67
Louisiana		7		761,145		0.20		8.828		650		84.88
Alaska		6		605,291		0.16		9.200		603		85.93
Delaware		2		479,822		0.13		7.822		633		66.62
Kansas		7		462,081		0.12		10.146		590		88.42
Montana		2		352,878		0.09		9.325		672		65.46
North Dakota		2		234,792		0.06		8.919		580		85.48
Wyoming		1		142,367		0.04		10.990		503		80.00
Vermont		1		129,854		0.03		8.900		595		77.38
West Virginia		1		110,678		0.03		9.250		573		90.00
South Dakota		1		93,002		0.02		7.900		604		69.00
Total:		2,359		381,580,444		100.00		8.415		604		79.50

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP IB COLLATERAL

Occupancy Status

Occupancy Status	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
Primary		2,225		360,180,305		94.39		8.382		603		79.64
Investment		116		18,339,973		4.81		9.096		629		77.41
Second Home		18		3,060,167		0.80		8.262		630		75.51
Total:		2,359		381,580,444		100.00		8.415		604		79.50

Documentation Type

Program	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
Stated Documentation		633		114,370,865		29.97		8.859		616		78.30
Full Documentation		1,691		261,447,746		68.52		8.222		599		79.92
Limited Documentation		35		5,761,833		1.51		8.379		610		84.15
Total:		2,359		381,580,444		100.00		8.415		604		79.50

Loan Purpose

Purpose	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
Refinance - Cashout		1,552		277,238,670		72.66		8.392		599		77.88
Purchase		497		49,458,702		12.96		8.716		623		84.17
Refinance - Rate Term		310		54,883,073		14.38		8.263		616		83.47
Total:		2,359		381,580,444		100.00		8.415		604		79.50

Property Type

Property Type	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
Single Family Residence		1,841		291,569,345		76.41		8.432		601		79.46
PUD		277		44,305,752		11.61		8.435		607		81.02
Condo		131		19,842,059		5.20		8.454		622		80.40
2-4 Family		109		25,718,839		6.74		8.155		626		76.55
Modular		1		144,449		0.04		9.675		573		85.00
Total:		2,359		381,580,444		100.00		8.415		604		79.50

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP IB COLLATERAL

Next Rate Adjustment Date*

Month & Year of Next Rate Adjustment	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
March 2008		1		391,047		0.14		7.875		630		80.00
April 2008		2		441,016		0.16		8.264		599		85.63
May 2008		7		1,189,392		0.44		7.544		622		74.79
June 2008		33		6,214,464		2.29		8.629		586		79.97
July 2008		191		35,223,836		12.97		8.565		587		78.50
August 2008		305		57,082,598		21.01		8.478		596		78.67
September 2008		326		68,376,052		25.17		8.238		594		79.06
October 2008		469		85,212,162		31.37		8.439		600		80.30
June 2009		1		114,400		0.04		6.975		703		80.00
July 2009		27		4,240,199		1.56		8.582		612		83.26
August 2009		39		5,539,497		2.04		8.120		609		82.33
September 2009		61		7,263,956		2.67		8.667		591		78.27
October 2009		4		350,128		0.13		8.482		608		82.06
Total:		1,466		271,638,745		100.00		8.414		596		79.42

*ARM Loans Only

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP IB COLLATERAL

Gross Margin*

Gross Margin (%)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
3.000 - 3.499		1		195,838		0.07		9.150		515		83.40
4.500 - 4.999		1		139,865		0.05		9.600		555		80.00
5.500 - 5.999		262		50,642,409		18.64		8.032		611		80.54
6.000 - 6.499		985		179,728,687		66.16		8.352		598		80.17
6.500 - 6.999		156		30,208,819		11.12		9.061		572		76.16
7.000 - 7.499		59		10,430,698		3.84		9.371		557		70.69
7.500 - 7.999		2		292,430		0.11		10.383		550		75.00
Total:		1,466		271,638,745		100.00		8.414		596		79.42

*ARM Loans Only

Maximum Mortgage Rate*

Maximum Mortgage Rate (%)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
12.500 - 12.999		7		1,420,035		0.52		5.984		669		72.93
13.000 - 13.499		26		8,115,768		2.99		6.321		633		76.77
13.500 - 13.999		89		22,006,230		8.10		6.791		634		75.79
14.000 - 14.499		128		27,768,986		10.22		7.261		623		77.93
14.500 - 14.999		227		45,730,992		16.84		7.777		614		79.48
15.000 - 15.499		201		37,029,978		13.63		8.261		596		79.25
15.500 - 15.999		278		52,359,979		19.28		8.770		586		79.01
16.000 - 16.499		192		31,821,664		11.71		9.246		571		81.80
16.500 - 16.999		166		24,522,017		9.03		9.745		571		82.91
17.000 - 17.499		76		10,440,515		3.84		10.219		559		81.53
17.500 - 17.999		50		6,794,849		2.50		10.714		545		80.87
18.000 - 18.499		18		2,538,811		0.93		11.157		547		78.85
18.500 - 18.999		6		807,714		0.30		11.709		545		67.41
19.000 - 19.499		2		281,206		0.10		12.187		517		66.31
Total:		1,466		271,638,745		100.00		8.414		596		79.42

*ARM Loans Only

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP IB COLLATERAL

Minimum Mortgage Rate*

Minimum Mortgage Rate (%)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
5.500 - 5.999		6		1,285,394		0.47		5.916		677		71.74
6.000 - 6.499		26		8,115,768		2.99		6.321		633		76.77
6.500 - 6.999		89		21,891,349		8.06		6.780		634		75.95
7.000 - 7.499		126		27,259,569		10.04		7.245		624		77.75
7.500 - 7.999		226		45,816,699		16.87		7.772		614		79.45
8.000 - 8.499		201		37,121,669		13.67		8.247		596		79.39
8.500 - 8.999		279		52,366,110		19.28		8.768		586		78.99
9.000 - 9.499		193		32,102,511		11.82		9.244		571		81.80
9.500 - 9.999		167		24,679,703		9.09		9.743		571		82.85
10.000 - 10.499		77		10,577,394		3.89		10.217		559		81.34
10.500 - 10.999		50		6,794,849		2.50		10.714		545		80.87
11.000 - 11.499		18		2,538,811		0.93		11.157		547		78.85
11.500 - 11.999		6		807,714		0.30		11.709		545		67.41
12.000 - 12.499		2		281,206		0.10		12.187		517		66.31
Total:		1,466		271,638,745		100.00		8.414		596		79.42

*ARM Loans Only

Initial Periodic Rate Cap*

Initial Periodic Cap (%)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
1.000		8		1,474,939		0.54		8.460		591		77.75
1.500		74		13,293,359		4.89		8.455		591		79.52
2.000		1,383		256,639,627		94.48		8.410		596		79.44
3.000		1		230,820		0.08		9.350		551		70.00
Total:		1,466		271,638,745		100.00		8.414		596		79.42

*ARM Loans Only

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP IB COLLATERAL

Subsequent Periodic Rate Cap*

Subsequent Periodic Cap (%)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
1.000		7		1,375,051		0.51		8.430		594		79.25
1.500		1,459		270,263,693		99.49		8.414		596		79.43
Total:		1,466		271,638,745		100.00		8.414		596		79.42

*ARM Loans Only

Lifetime Periodic Cap*

Lifetime Periodic Cap (%)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
6.000 - 6.499		10		1,769,687		0.65		8.592		585		76.82
7.000 - 7.499		1,456		269,869,057		99.35		8.412		596		79.44
Total:		1,466		271,638,745		100.00		8.414		596		79.42

*ARM Loans Only

Original Prepayment Charge Term

Prepayment Penalty Term (mos.)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
0		751		108,027,322		28.31		8.796		601		80.10
12		80		16,909,996		4.43		8.315		617		77.66
24		1,041		183,917,019		48.20		8.362		598		80.09
36		487		72,726,108		19.06		8.008		624		77.54
Total:		2,359		381,580,444		100.00		8.415		604		79.50

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP II COLLATERAL

SUMMARY - GROUP II POOL*

Number of Mortgage Loans:	2,618		Index Type:
Aggregate Principal Balance:	$614,668,789		6 Month LIBOR:	78.53%
Conforming Principal Balance Loans:	$311,235,158		Fixed Rate:	21.47%
Average Principal Balance:	$234,786		W.A. Initial Periodic Cap:	1.953%
Range:	$14,405 - $1,500,000		W.A. Subsequent Periodic Cap:	1.499%
W.A. Coupon:	8.364%		W.A. Lifetime Rate Cap:	6.997%
Range:	5.625% - 14.000%		Property Type:
W.A. Gross Margin:	6.153%		Single Family:	69.11%
Range:	5.700% - 8.500%		PUD:	17.37%
W.A. Remaining Term (months):	357		2-4 Family:	6.60%
Range (months):	118 - 360		Condo:	6.92%
W.A. Seasoning (months):		3
Latest Maturity Date:	November 1, 2036		Occupancy Status:
State Concentration (Top 5):			Primary:	94.65%
California:	46.57%		Investment:	2.79%
Florida:	8.06%		Second Home:	2.56%
New York:	7.12%		Documentation Status:
Texas:	4.20%		Full:	46.61%
New Jersey:	3.91%		Stated:	50.25%
W.A. Original Combined LTV:	84.35%		Limited:	2.86%
Range:	24.75% - 100.00%		No:	0.28%
First Liens:	89.13%		Non-Zero W.A. Prepayment Penalty - Term (months):		24
Second Liens:	10.87%		Loans with Prepay Penalties:	74.50%
Non-Balloon Loans:	59.00%		Interest Only Loans:	25.23%
Non-Zero W.A. FICO Score:	646		Non-Zero W.A. Interest Only Term (months):	60

* Subject to a permitted variance of +/- 10%

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP II COLLATERAL

Originator

Number of

Initial Mortgage

Loans

Aggregate

Remaining

Principal Balance ($)

% of Aggregate

Remaining

Principal Balance

W.A.

Coupon (%)

W.A.

Non-Zero

FICO

W.A.

Original

CLTV (%)

New Century

2,618

614,668,789

100.00

8.364

646

84.35

Total:

2,618

614,668,789

100.00

8.364

646

84.35

Collateral Type

Collateral Type	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
Fixed - 10 Year		1		77,286		0.01		11.200		676		100.00
Fixed - 15 Year		9		743,423		0.12		9.772		626		72.48
Fixed - 20 Year		9		1,018,977		0.17		8.266		660		81.32
Fixed - 30 Year		1,074		104,312,680		16.97		9.926		660		92.23
Balloon - 30/40		75		25,810,401		4.20		7.933		668		81.84
ARM - 2 Year/6 Month		385		93,375,645		15.19		8.373		638		83.41
ARM - 2 Year/6 Month IO		360		144,596,410		23.52		7.726		653		82.72
ARM - 2 Year/6 Month 30/40 Balloon		599		220,688,759		35.90		8.125		635		82.87
ARM - 3 Year/6 Month		59		8,044,761		1.31		8.604		636		82.44
ARM - 3 Year/6 Month IO		27		10,466,666		1.70		7.811		657		77.12
ARM - 3 Year/6 Month 30/40 Balloon		20		5,533,780		0.90		7.402		646		82.97
Total:		2,618		614,668,789		100.00		8.364		646		84.35

IO Terms

IO Terms (mos.)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
0		2,231		459,605,712		74.77		8.577		643		85.02
60		387		155,063,077		25.23		7.732		653		82.34
Total:		2,618		614,668,789		100.00		8.364		646		84.35

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP II COLLATERAL

Principal Balance at Origination

Principal Balance at Origination ($)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
0.01 - 50,000.00		300		11,302,332		1.84		10.938		647		99.15
50,000.01 - 100,000.00		621		44,742,391		7.28		10.647		643		94.56
100,000.01 - 150,000.00		349		43,135,577		7.02		9.661		648		89.03
150,000.01 - 200,000.00		200		34,379,290		5.59		8.899		636		84.30
200,000.01 - 250,000.00		189		42,259,428		6.88		8.139		638		81.59
250,000.01 - 300,000.00		137		37,876,174		6.16		8.183		640		81.98
300,000.01 - 350,000.00		122		39,626,144		6.45		8.067		651		82.63
350,000.01 - 400,000.00		108		40,287,945		6.55		7.781		658		81.81
400,000.01 - 450,000.00		148		63,706,144		10.36		7.897		633		82.72
450,000.01 - 500,000.00		148		70,393,320		11.45		7.745		637		81.72
500,000.01 - 550,000.00		72		37,709,857		6.13		7.939		652		84.09
550,000.01 - 600,000.00		70		40,106,739		6.52		7.773		640		84.19
600,000.01 - 650,000.00		59		37,152,565		6.04		7.800		663		83.01
650,000.01 - 700,000.00		35		23,586,865		3.84		8.036		670		85.70
700,000.01 - 750,000.00		34		24,822,766		4.04		8.224		668		83.32
750,000.01 - 800,000.00		11		8,603,834		1.40		8.128		664		83.46
800,000.01 - 850,000.00		4		3,275,791		0.53		7.599		606		76.23
850,000.01 - 900,000.00		3		2,619,503		0.43		7.530		620		78.61
900,000.01 - 950,000.00		1		924,826		0.15		7.800		644		94.52
950,000.01 - 1,000,000.00		2		1,995,175		0.32		8.300		620		83.98
Greater than or equal to 1,000,000.01		5		6,162,123		1.00		8.105		651		74.59
Total:		2,618		614,668,789		100.00		8.364		646		84.35

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP II COLLATERAL

Remaining Principal Balance

Remaining Principal Balance ($)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
0.01 - 50,000.00		300		11,302,332		1.84		10.938		647		99.15
50,000.01 - 100,000.00		622		44,828,298		7.29		10.651		643		94.57
100,000.01 - 150,000.00		348		43,049,670		7.00		9.654		648		89.01
150,000.01 - 200,000.00		200		34,379,290		5.59		8.899		636		84.30
200,000.01 - 250,000.00		189		42,259,428		6.88		8.139		638		81.59
250,000.01 - 300,000.00		137		37,876,174		6.16		8.183		640		81.98
300,000.01 - 350,000.00		122		39,626,144		6.45		8.067		651		82.63
350,000.01 - 400,000.00		108		40,287,945		6.55		7.781		658		81.81
400,000.01 - 450,000.00		149		64,154,356		10.44		7.897		632		82.74
450,000.01 - 500,000.00		147		69,945,108		11.38		7.744		638		81.70
500,000.01 - 550,000.00		72		37,709,857		6.13		7.939		652		84.09
550,000.01 - 600,000.00		70		40,106,739		6.52		7.773		640		84.19
600,000.01 - 650,000.00		59		37,152,565		6.04		7.800		663		83.01
650,000.01 - 700,000.00		35		23,586,865		3.84		8.036		670		85.70
700,000.01 - 750,000.00		34		24,822,766		4.04		8.224		668		83.32
750,000.01 - 800,000.00		11		8,603,834		1.40		8.128		664		83.46
800,000.01 - 850,000.00		4		3,275,791		0.53		7.599		606		76.23
850,000.01 - 900,000.00		3		2,619,503		0.43		7.530		620		78.61
900,000.01 - 950,000.00		1		924,826		0.15		7.800		644		94.52
950,000.01 - 1,000,000.00		2		1,995,175		0.32		8.300		620		83.98
Greater than or equal to 1,000,000.01		5		6,162,123		1.00		8.105		651		74.59
Total:		2,618		614,668,789		100.00		8.364		646		84.35

Remaining Term

Months Remaining	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
61 - 120		1		77,286		0.01		11.200		676		100.00
121 - 180		9		743,423		0.12		9.772		626		72.48
181 - 240		9		1,018,977		0.17		8.266		660		81.32
301 - 360		2,599		612,829,103		99.70		8.362		646		84.36
Total:		2,618		614,668,789		100.00		8.364		646		84.35

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP II COLLATERAL

Mortgage Rate

Mortgage Rate (%)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
5.500 - 5.999		13		6,161,142		1.00		5.883		669		80.70
6.000 - 6.499		37		16,460,854		2.68		6.320		665		82.56
6.500 - 6.999		158		64,500,985		10.49		6.785		660		79.45
7.000 - 7.499		226		83,624,561		13.60		7.268		661		81.76
7.500 - 7.999		360		128,219,601		20.86		7.758		646		80.90
8.000 - 8.499		248		76,263,531		12.41		8.261		645		82.07
8.500 - 8.999		303		86,329,777		14.04		8.746		632		84.48
9.000 - 9.499		175		45,768,734		7.45		9.225		632		86.31
9.500 - 9.999		281		37,342,922		6.08		9.752		621		89.33
10.000 - 10.499		110		13,338,721		2.17		10.218		632		93.45
10.500 - 10.999		165		16,249,724		2.64		10.707		663		96.48
11.000 - 11.499		138		10,716,637		1.74		11.205		663		97.59
11.500 - 11.999		189		14,441,156		2.35		11.725		644		99.04
12.000 - 12.499		133		9,543,192		1.55		12.190		645		100.00
12.500 - 12.999		65		4,654,804		0.76		12.697		632		100.00
13.000 - 13.499		15		939,906		0.15		13.083		623		100.00
13.500 - 13.999		1		78,954		0.01		13.800		597		100.00
14.000 - 14.499		1		33,588		0.01		14.000		606		100.00
Total:		2,618		614,668,789		100.00		8.364		646		84.35

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP II COLLATERAL

Original Combined Loan-to-Value Ratio

Original Combined Loan-to-Value Ratio (%)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
Less than or equal to 50.00		16		2,533,371		0.41		7.516		620		43.03
50.01 - 55.00		10		2,687,757		0.44		8.247		553		53.61
55.01 - 60.00		15		6,121,610		1.00		7.430		635		58.43
60.01 - 65.00		14		4,414,806		0.72		7.360		583		64.18
65.01 - 70.00		38		13,238,175		2.15		7.703		613		69.07
70.01 - 75.00		41		14,760,853		2.40		7.711		618		73.82
75.01 - 80.00		992		307,742,601		50.07		7.837		657		79.90
80.01 - 85.00		147		45,739,875		7.44		8.232		608		84.56
85.01 - 90.00		273		95,299,248		15.50		8.447		630		89.81
90.01 - 95.00		147		53,952,758		8.78		8.415		646		94.77
95.01 - 100.00		925		68,177,736		11.09		11.125		665		100.00
Total:		2,618		614,668,789		100.00		8.364		646		84.35

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP II COLLATERAL

FICO Score at Origination

FICO Score At Origination	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
500 - 524		53		11,725,998		1.91		9.257		513		75.89
525 - 549		52		12,323,356		2.00		8.761		538		80.21
550 - 574		128		32,726,226		5.32		8.644		561		81.73
575 - 599		215		49,451,214		8.05		8.604		588		84.26
600 - 624		457		105,519,767		17.17		8.357		612		84.45
625 - 649		541		123,643,336		20.12		8.407		637		85.83
650 - 674		511		111,148,012		18.08		8.398		661		84.41
675 - 699		276		70,852,468		11.53		8.124		686		84.84
700 - 724		191		47,936,472		7.80		7.939		710		83.86
725 - 749		77		17,908,505		2.91		8.266		735		85.29
750 - 774		82		19,164,590		3.12		8.238		761		84.06
775 - 799		31		11,290,852		1.84		8.044		784		85.90
800 - 824		4		977,993		0.16		8.446		801		81.39
Total:		2,618		614,668,789		100.00		8.364		646		84.35

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP II COLLATERAL

Geographic Distribution*

Location	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
California		890		286,262,232		46.57		8.150		648		84.20
Florida		269		49,527,790		8.06		8.663		641		83.23
New York		148		43,782,086		7.12		8.049		677		84.95
Texas		247		25,842,261		4.20		8.774		634		86.19
New Jersey		89		24,035,895		3.91		8.645		656		85.07
Arizona		86		18,612,351		3.03		8.554		653		82.48
Maryland		50		15,086,581		2.45		8.227		624		84.06
Nevada		67		14,056,535		2.29		8.555		653		82.88
Illinois		74		13,608,984		2.21		8.658		645		84.31
Washington		50		12,993,815		2.11		8.441		629		85.14
Massachusetts		41		11,715,946		1.91		8.389		639		85.39
Georgia		55		11,325,550		1.84		8.220		652		84.27
Hawaii		24		9,133,748		1.49		7.934		654		84.33
Pennsylvania		71		8,959,509		1.46		8.919		631		84.27
Virginia		28		8,899,837		1.45		8.345		633		85.57
Oregon		23		5,348,546		0.87		8.946		618		86.97
Michigan		37		4,591,769		0.75		9.153		614		85.30
Arkansas		34		4,446,381		0.72		8.629		620		82.53
Utah		22		3,720,126		0.61		8.648		670		83.42
Minnesota		21		3,566,663		0.58		9.080		629		89.32
Ohio		36		3,472,218		0.56		9.150		603		85.12
Colorado		20		3,073,533		0.50		9.023		608		85.44
Tennessee		27		2,963,763		0.48		8.987		603		83.66
Wisconsin		12		2,926,372		0.48		8.484		611		84.82
South Carolina		17		2,881,541		0.47		8.560		687		82.64
Connecticut		15		2,785,376		0.45		9.135		651		89.47
New Mexico		17		2,762,738		0.45		8.431		614		84.54
Missouri		16		2,391,597		0.39		8.991		621		83.06
Rhode Island		15		2,281,871		0.37		9.037		663		85.32
North Carolina		15		2,024,194		0.33		8.487		613		74.81
Maine		10		1,349,406		0.22		9.052		631		83.96
Idaho		10		1,326,505		0.22		8.258		650		82.36
Indiana		15		1,228,127		0.20		9.614		600		88.16
Mississippi		10		1,215,380		0.20		9.735		602		89.25

*Geographic Distribution continued on the next page

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP II COLLATERAL

Geographic Distribution (Continued)

Location	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
New Hampshire		3		831,464		0.14		8.430		562		84.82
Alabama		8		800,252		0.13		9.273		603		83.77
District of Columbia		2		713,219		0.12		8.869		659		79.53
Oklahoma		6		656,578		0.11		9.175		611		87.83
Nebraska		9		651,651		0.11		9.058		612		85.40
Louisiana		6		629,682		0.10		8.879		604		85.37
Kentucky		3		592,313		0.10		9.241		639		90.87
Kansas		6		490,668		0.08		10.624		612		93.49
Iowa		6		455,198		0.07		9.252		614		78.25
Alaska		5		413,549		0.07		9.946		636		90.33
Delaware		2		196,224		0.03		8.282		637		74.88
Montana		1		38,766		0.01		11.900		631		100.00
Total:		2,618		614,668,789		100.00		8.364		646		84.35

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP II COLLATERAL

Occupancy Status

Occupancy Status	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
Primary		2,448		581,808,410		94.65		8.324		644		84.23
Investment		57		17,139,280		2.79		9.023		666		85.02
Second Home		113		15,721,099		2.56		9.113		694		87.75
Total:		2,618		614,668,789		100.00		8.364		646		84.35

Documentation Type

Program	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
Stated Documentation		1,229		308,867,320		50.25		8.687		663		84.33
Full Documentation		1,312		286,488,178		46.61		8.038		627		84.37
Limited Documentation		66		17,608,682		2.86		7.975		651		84.98
No Documentation		11		1,704,610		0.28		8.625		730		76.35
Total:		2,618		614,668,789		100.00		8.364		646		84.35

Loan Purpose

Purpose	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
Refinance - Cashout		374		159,890,412		26.01		7.932		623		82.50
Purchase		2,187		427,645,080		69.57		8.562		655		85.22
Refinance - Rate Term		57		27,133,297		4.41		7.773		632		81.53
Total:		2,618		614,668,789		100.00		8.364		646		84.35

Property Type

Property Type	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
Single Family Residence		1,768		424,798,936		69.11		8.313		643		84.13
PUD		487		106,747,098		17.37		8.441		640		84.56
Condo		207		42,528,693		6.92		8.615		658		84.84
2-4 Family		156		40,594,062		6.60		8.419		678		85.50
Total:		2,618		614,668,789		100.00		8.364		646		84.35

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP II COLLATERAL

Next Rate Adjustment Date*

Month & Year of Next Rate Adjustment	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
March 2008		1		672,000		0.14		7.925		631		80.00
April 2008		1		650,512		0.13		8.400		776		90.00
May 2008		21		9,970,897		2.07		8.068		637		84.87
June 2008		50		21,951,074		4.55		8.173		643		84.39
July 2008		214		88,025,968		18.24		8.071		643		82.45
August 2008		311		104,201,288		21.59		7.933		640		82.71
September 2008		288		98,510,668		20.41		7.994		638		82.86
October 2008		457		134,446,409		27.85		8.147		643		83.08
November 2008		1		232,000		0.05		6.800		632		80.00
June 2009		4		1,201,753		0.25		7.631		650		80.00
July 2009		15		4,194,221		0.87		7.274		632		83.42
August 2009		25		8,161,803		1.69		8.067		654		78.92
September 2009		50		7,988,328		1.65		8.398		645		79.89
October 2009		12		2,499,103		0.52		7.733		658		80.53
Total:		1,450		482,706,022		100.00		8.046		642		82.80

*ARM Loans Only

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP II COLLATERAL

Gross Margin*

Gross Margin (%)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
5.500 - 5.999		298		107,710,286		22.31		7.800		653		82.97
6.000 - 6.499		1,073		346,588,693		71.80		8.059		641		83.00
6.500 - 6.999		62		24,053,871		4.98		8.830		603		81.52
7.000 - 7.499		15		4,091,519		0.85		8.645		568		69.36
7.500 - 7.999		1		65,970		0.01		11.075		712		75.00
8.500 - 8.999		1		195,684		0.04		10.500		625		80.00
Total:		1,450		482,706,022		100.00		8.046		642		82.80

*ARM Loans Only

Maximum Mortgage Rate*

Maximum Mortgage Rate (%)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
12.500 - 12.999		13		6,161,142		1.28		5.883		669		80.70
13.000 - 13.499		37		16,299,561		3.38		6.329		666		82.59
13.500 - 13.999		112		45,045,464		9.33		6.796		656		80.46
14.000 - 14.499		202		76,789,928		15.91		7.269		660		81.81
14.500 - 14.999		321		115,180,827		23.86		7.766		644		81.04
15.000 - 15.499		211		70,009,021		14.50		8.264		645		82.41
15.500 - 15.999		248		74,715,442		15.48		8.749		629		84.71
16.000 - 16.499		127		39,547,713		8.19		9.221		626		86.11
16.500 - 16.999		109		26,169,248		5.42		9.737		604		86.49
17.000 - 17.499		40		7,369,709		1.53		10.200		600		88.62
17.500 - 17.999		19		3,861,807		0.80		10.624		583		87.80
18.000 - 18.499		4		734,245		0.15		11.141		544		75.22
18.500 - 18.999		7		821,914		0.17		11.728		568		83.90
Total:		1,450		482,706,022		100.00		8.046		642		82.80

*ARM Loans Only

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP II COLLATERAL

Minimum Mortgage Rate*

Minimum Mortgage Rate (%)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
5.500 - 5.999		13		6,161,142		1.28		5.883		669		80.70
6.000 - 6.499		36		16,140,133		3.34		6.319		666		82.61
6.500 - 6.999		112		45,045,464		9.33		6.796		656		80.46
7.000 - 7.499		201		76,519,665		15.85		7.264		661		81.78
7.500 - 7.999		320		114,924,973		23.81		7.764		644		81.04
8.000 - 8.499		213		70,438,712		14.59		8.264		645		82.43
8.500 - 8.999		247		74,704,056		15.48		8.745		629		84.66
9.000 - 9.499		127		39,547,713		8.19		9.221		626		86.11
9.500 - 9.999		110		26,240,804		5.44		9.733		605		86.60
10.000 - 10.499		39		7,266,332		1.51		10.187		602		89.15
10.500 - 10.999		20		4,057,492		0.84		10.618		585		87.42
11.000 - 11.499		5		837,623		0.17		11.136		541		72.23
11.500 - 11.999		7		821,914		0.17		11.728		568		83.90
Total:		1,450		482,706,022		100.00		8.046		642		82.80

*ARM Loans Only

Initial Periodic Rate Cap*

Initial Periodic Cap (%)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
1.000		7		1,215,590		0.25		8.824		626		82.19
1.500		103		42,938,952		8.90		8.093		642		84.27
2.000		1,339		438,355,795		90.81		8.039		642		82.66
3.000		1		195,684		0.04		10.500		625		80.00
Total:		1,450		482,706,022		100.00		8.046		642		82.80

*ARM Loans Only

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

DESCRIPTION OF THE GROUP II COLLATERAL

Subsequent Periodic Rate Cap*

Subsequent Periodic Cap (%)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
1.000		7		1,215,590		0.25		8.824		626		82.19
1.500		1,443		481,490,432		99.75		8.044		642		82.80
Total:		1,450		482,706,022		100.00		8.046		642		82.80

*ARM Loans Only

Lifetime Periodic Cap*

Lifetime Periodic Cap (%)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
6.000 - 6.499		8		1,411,275		0.29		9.057		625		81.89
7.000 - 7.499		1,442		481,294,747		99.71		8.043		642		82.80
Total:		1,450		482,706,022		100.00		8.046		642		82.80

*ARM Loans Only

Original Prepayment Charge Term

Prepayment Penalty Term (mos.)	Number of Initial Mortgage Loans		Aggregate Remaining Principal Balance ($)		% of Aggregate Remaining Principal Balance		W.A. Coupon (%)		W.A. Non-Zero FICO		W.A. Original CLTV (%)
0		782		156,719,852		25.50		9.012		654		86.11
12		154		54,372,736		8.85		8.203		663		82.42
24		1,313		340,003,975		55.31		8.102		638		84.05
36		368		63,509,593		10.33		8.301		652		83.22
60		1		62,634		0.01		9.850		587		71.31
Total:		2,618		614,668,789		100.00		8.364		646		84.35

ACE Securities Corp.

Home Equity Loan Trust Series 2006-NC3

FOR ADDITIONAL INFORMATION PLEASE CALL:

Deutsche Bank Securities


Whole Loan Trading
Michael Commaroto	212-250-3114
Paul Mangione	212-250-5786
Antonio Rhee	212-250-8569

ABS Banking
Sue Valenti	212-250-3455
Ernie Calabrese	212-250-5859

ABS Structuring
Bill Yeung	212-250-6893
Florian Halili	212-250-0877

ABS Collateral
Reta Chandra	212-250-2729

Rating Agencies
Moody’s
Gulmira Karaguishiyeva	201-395-6354
S&P
Truc Bui	212-438-2673

ACE Securities Corp. Home Equity Loan Trust, Series 2006-NC3 Inactive FWPFree writing prospectus