| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-SD3 |
| Closing Date | 9/30/2004 |
| Collateral Factor Date | 7/1/2006 |
| |
| Performance Summary | |
| Current Pool Factor | 47.52% |
| |
| Delinquency Status (*) | |
| 30+ Days | 8.17% |
| 60+ Days | 4.80% |
| 90+ Days | 2.66% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.44% |
| Foreclosure | 3.25% |
| REO | 1.24% |
| |
| Cumulative Net Loss | 0.41% |
| Loss Severity | 28.15% |
| |
| Prepayment Experience | |
| 1mo CPR | 27.52% |
| 3mo CPR | 26.43% |
| 6mo CPR | 27.54% |
| 9mo CPR | 28.88% |
| 12mo CPR | 29.23% |
| Life CPR | 32.42% |
|