| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-SD3 |
| Closing Date | 9/30/2004 |
| Collateral Factor Date | 9/1/2005 |
| |
| Performance Summary | |
| Current Pool Factor | 64.33% |
| |
| Delinquency Status (*) | |
| 30+ Days | 5.28% |
| 60+ Days | 2.11% |
| 90+ Days | 1.09% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 5.39% |
| Foreclosure | 4.14% |
| REO | 0.74% |
| |
| Cumulative Net Loss | 0.06% |
| Loss Severity | 95.71% |
| |
| Prepayment Experience | |
| 1mo CPR | 31.00% |
| 3mo CPR | 29.34% |
| 6mo CPR | 34.40% |
| 9mo CPR | 33.98% |
| 12mo CPR | 34.79% |
| Life CPR | 34.79% |
|