| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-SD3 |
| Closing Date | 9/30/2004 |
| Collateral Factor Date | 1/1/2007 |
| |
| Performance Summary | |
| Current Pool Factor | 40.84% |
| |
| Delinquency Status (*) | |
| 30+ Days | 6.03% |
| 60+ Days | 2.22% |
| 90+ Days | 1.52% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.65% |
| Foreclosure | 3.48% |
| REO | 1.25% |
| |
| Cumulative Net Loss | 0.70% |
| Loss Severity | 37.62% |
| |
| Prepayment Experience | |
| 1mo CPR | 33.18% |
| 3mo CPR | 25.21% |
| 6mo CPR | 25.03% |
| 9mo CPR | 25.52% |
| 12mo CPR | 26.32% |
| Life CPR | 30.92% |
|