| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-SD3 |
| Closing Date | 9/30/2004 |
| Collateral Factor Date | 7/1/2007 |
| |
| Performance Summary | |
| Current Pool Factor | 35.48% |
| |
| Delinquency Status (*) | |
| 30+ Days | 6.93% |
| 60+ Days | 2.36% |
| 90+ Days | 1.53% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.67% |
| Foreclosure | 2.85% |
| REO | 1.47% |
| |
| Cumulative Net Loss | 0.95% |
| Loss Severity | 77.46% |
| |
| Prepayment Experience | |
| 1mo CPR | 10.35% |
| 3mo CPR | 22.06% |
| 6mo CPR | 23.27% |
| 9mo CPR | 23.97% |
| 12mo CPR | 24.20% |
| Life CPR | 29.65% |
|