| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-SD3 |
| Closing Date | 9/30/2004 |
| Collateral Factor Date | 10/1/2007 |
| |
| Performance Summary | |
| Current Pool Factor | 33.58% |
| |
| Delinquency Status (*) | |
| 30+ Days | 5.21% |
| 60+ Days | 2.40% |
| 90+ Days | 1.30% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.02% |
| Foreclosure | 3.00% |
| REO | 2.15% |
| |
| Cumulative Net Loss | 1.10% |
| Loss Severity | 48.59% |
| |
| Prepayment Experience | |
| 1mo CPR | 12.14% |
| 3mo CPR | 18.23% |
| 6mo CPR | 20.21% |
| 9mo CPR | 21.67% |
| 12mo CPR | 22.64% |
| Life CPR | 28.81% |
|