| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-SD3 |
| Closing Date | 9/30/2004 |
| Collateral Factor Date | 12/1/2007 |
| |
| Performance Summary | |
| Current Pool Factor | 32.84% |
| |
| Delinquency Status (*) | |
| 30+ Days | 4.80% |
| 60+ Days | 1.77% |
| 90+ Days | 1.40% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 5.46% |
| Foreclosure | 2.88% |
| REO | 2.03% |
| |
| Cumulative Net Loss | 1.16% |
| Loss Severity | 30.81% |
| |
| Prepayment Experience | |
| 1mo CPR | 7.93% |
| 3mo CPR | 11.30% |
| 6mo CPR | 14.56% |
| 9mo CPR | 18.64% |
| 12mo CPR | 21.07% |
| Life CPR | 28.00% |
|