| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-SD3 |
| Closing Date | 9/30/2004 |
| Collateral Factor Date | 6/1/2007 |
| |
| Performance Summary | |
| Current Pool Factor | 35.86% |
| |
| Delinquency Status (*) | |
| 30+ Days | 5.04% |
| 60+ Days | 2.19% |
| 90+ Days | 1.26% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.49% |
| Foreclosure | 2.89% |
| REO | 1.38% |
| |
| Cumulative Net Loss | 0.92% |
| Loss Severity | 57.40% |
| |
| Prepayment Experience | |
| 1mo CPR | 38.76% |
| 3mo CPR | 26.03% |
| 6mo CPR | 26.93% |
| 9mo CPR | 25.61% |
| 12mo CPR | 25.53% |
| Life CPR | 30.16% |
|