| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-SD3 |
| Closing Date | 9/30/2004 |
| Collateral Factor Date | 9/1/2006 |
| |
| Performance Summary | |
| Current Pool Factor | 45.28% |
| |
| Delinquency Status (*) | |
| 30+ Days | 7.04% |
| 60+ Days | 4.45% |
| 90+ Days | 2.44% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.91% |
| Foreclosure | 3.05% |
| REO | 1.63% |
| |
| Cumulative Net Loss | 0.41% |
| Loss Severity | 6.07% |
| |
| Prepayment Experience | |
| 1mo CPR | 29.58% |
| 3mo CPR | 25.22% |
| 6mo CPR | 26.24% |
| 9mo CPR | 27.97% |
| 12mo CPR | 28.56% |
| Life CPR | 31.77% |
|