| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-SD3 |
| Closing Date | 9/30/2004 |
| Collateral Factor Date | 11/1/2006 |
| |
| Performance Summary | |
| Current Pool Factor | 43.06% |
| |
| Delinquency Status (*) | |
| 30+ Days | 6.24% |
| 60+ Days | 3.75% |
| 90+ Days | 2.33% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.72% |
| Foreclosure | 3.26% |
| REO | 1.50% |
| |
| Cumulative Net Loss | 0.55% |
| Loss Severity | 43.16% |
| |
| Prepayment Experience | |
| 1mo CPR | 23.35% |
| 3mo CPR | 26.52% |
| 6mo CPR | 25.10% |
| 9mo CPR | 26.21% |
| 12mo CPR | 27.59% |
| Life CPR | 31.27% |
|