| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-SD3 |
| Closing Date | 9/30/2004 |
| Collateral Factor Date | 5/1/2007 |
| |
| Performance Summary | |
| Current Pool Factor | 37.41% |
| |
| Delinquency Status (*) | |
| 30+ Days | 4.81% |
| 60+ Days | 2.91% |
| 90+ Days | 1.58% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.99% |
| Foreclosure | 1.66% |
| REO | 1.28% |
| |
| Cumulative Net Loss | 0.92% |
| Loss Severity | 88.86% |
| |
| Prepayment Experience | |
| 1mo CPR | 13.58% |
| 3mo CPR | 23.22% |
| 6mo CPR | 23.28% |
| 9mo CPR | 24.42% |
| 12mo CPR | 24.24% |
| Life CPR | 29.86% |
|