| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-SD3 |
| Closing Date | 9/30/2004 |
| Collateral Factor Date | 7/1/2005 |
| |
| Performance Summary | |
| Current Pool Factor | 68.14% |
| |
| Delinquency Status (*) | |
| 30+ Days | 6.11% |
| 60+ Days | 2.50% |
| 90+ Days | 1.38% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.13% |
| Foreclosure | 3.05% |
| REO | 0.72% |
| |
| Cumulative Net Loss | 0.04% |
| Loss Severity | 13.87% |
| |
| Prepayment Experience | |
| 1mo CPR | 31.56% |
| 3mo CPR | 37.75% |
| 6mo CPR | 34.67% |
| 9mo CPR | 35.39% |
| Life CPR | 36.03% |
|