| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-SD3 |
| Closing Date | 9/30/2004 |
| Collateral Factor Date | 10/1/2005 |
| |
| Performance Summary | |
| Current Pool Factor | 62.04% |
| |
| Delinquency Status (*) | |
| 30+ Days | 5.70% |
| 60+ Days | 2.37% |
| 90+ Days | 0.81% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 5.47% |
| Foreclosure | 3.88% |
| REO | 0.66% |
| |
| Cumulative Net Loss | 0.08% |
| Loss Severity | 17.01% |
| |
| Prepayment Experience | |
| 1mo CPR | 34.22% |
| 3mo CPR | 30.26% |
| 6mo CPR | 34.12% |
| 9mo CPR | 33.24% |
| 12mo CPR | 34.15% |
| Life CPR | 34.75% |
|