| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-SD2 |
| Closing Date | 6/4/2004 |
| Collateral Factor Date | 1/1/2012 |
| |
| Performance Summary | |
| Current Pool Factor | 14.16% |
| |
| Delinquency Status (*) | |
| 30+ Days | 9.84% |
| 60+ Days | 7.36% |
| 90+ Days | 6.19% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 2.86% |
| Foreclosure | 9.94% |
| REO | 0.35% |
| |
| Cumulative Net Loss | 4.20% |
| Loss Severity | 0.00% |
| |
| Prepayment Experience | |
| 1mo CPR | 32.93% |
| 3mo CPR | 15.22% |
| 6mo CPR | 25.19% |
| 9mo CPR | 21.15% |
| 12mo CPR | 19.37% |
| Life CPR | 21.06% |
|