| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-SD3 |
| Closing Date | 9/30/2004 |
| Collateral Factor Date | 10/1/2006 |
| |
| Performance Summary | |
| Current Pool Factor | 44.08% |
| |
| Delinquency Status (*) | |
| 30+ Days | 6.63% |
| 60+ Days | 4.00% |
| 90+ Days | 2.86% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.88% |
| Foreclosure | 2.81% |
| REO | 1.75% |
| |
| Cumulative Net Loss | 0.44% |
| Loss Severity | 2.01% |
| |
| Prepayment Experience | |
| 1mo CPR | 26.48% |
| 3mo CPR | 24.85% |
| 6mo CPR | 25.66% |
| 9mo CPR | 26.67% |
| 12mo CPR | 27.90% |
| Life CPR | 31.56% |
|