| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-SD3 |
| Closing Date | 9/30/2004 |
| Collateral Factor Date | 5/1/2005 |
| |
| Performance Summary | |
| Current Pool Factor | 73.39% |
| |
| Delinquency Status (*) | |
| 30+ Days | 5.39% |
| 60+ Days | 3.24% |
| 90+ Days | 1.80% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.83% |
| Foreclosure | 2.31% |
| REO | 0.49% |
| |
| Cumulative Net Loss | 0.03% |
| Loss Severity | 2.17% |
| |
| Prepayment Experience | |
| 1mo CPR | 42.87% |
| 3mo CPR | 36.26% |
| 6mo CPR | 36.75% |
| Life CPR | 36.28% |
|