| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-SD3 |
| Closing Date | 9/30/2004 |
| Collateral Factor Date | 3/1/2006 |
| |
| Performance Summary | |
| Current Pool Factor | 53.11% |
| |
| Delinquency Status (*) | |
| 30+ Days | 7.64% |
| 60+ Days | 4.01% |
| 90+ Days | 2.32% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 5.05% |
| Foreclosure | 2.72% |
| REO | 1.23% |
| |
| Cumulative Net Loss | 0.23% |
| Loss Severity | 42.62% |
| |
| Prepayment Experience | |
| 1mo CPR | 28.53% |
| 3mo CPR | 31.28% |
| 6mo CPR | 30.81% |
| 9mo CPR | 30.33% |
| 12mo CPR | 32.64% |
| Life CPR | 33.50% |
|