| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-SD3 |
| Closing Date | 9/30/2004 |
| Collateral Factor Date | 2/1/2007 |
| |
| Performance Summary | |
| Current Pool Factor | 40.14% |
| |
| Delinquency Status (*) | |
| 30+ Days | 5.34% |
| 60+ Days | 2.34% |
| 90+ Days | 1.26% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 5.14% |
| Foreclosure | 2.72% |
| REO | 1.24% |
| |
| Cumulative Net Loss | 0.73% |
| Loss Severity | 46.70% |
| |
| Prepayment Experience | |
| 1mo CPR | 17.24% |
| 3mo CPR | 23.23% |
| 6mo CPR | 24.94% |
| 9mo CPR | 24.52% |
| 12mo CPR | 25.51% |
| Life CPR | 30.49% |
|