| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-SD3 |
| Closing Date | 9/30/2004 |
| Collateral Factor Date | 12/1/2005 |
| |
| Performance Summary | |
| Current Pool Factor | 58.54% |
| |
| Delinquency Status (*) | |
| 30+ Days | 3.56% |
| 60+ Days | 1.53% |
| 90+ Days | 1.07% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 5.94% |
| Foreclosure | 3.54% |
| REO | 1.02% |
| |
| Cumulative Net Loss | 0.10% |
| Loss Severity | 52.51% |
| |
| Prepayment Experience | |
| 1mo CPR | 29.47% |
| 3mo CPR | 30.37% |
| 6mo CPR | 29.86% |
| 9mo CPR | 33.09% |
| 12mo CPR | 33.10% |
| Life CPR | 33.94% |
|