| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-SD3 |
| Closing Date | 9/30/2004 |
| Collateral Factor Date | 7/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 29.88% |
| |
| Delinquency Status (*) | |
| 30+ Days | 7.06% |
| 60+ Days | 5.12% |
| 90+ Days | 3.43% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.12% |
| Foreclosure | 1.44% |
| REO | 2.30% |
| |
| Cumulative Net Loss | 1.49% |
| Loss Severity | 50.90% |
| |
| Prepayment Experience | |
| 1mo CPR | 4.59% |
| 3mo CPR | 12.16% |
| 6mo CPR | 13.47% |
| 9mo CPR | 12.68% |
| 12mo CPR | 14.10% |
| Life CPR | 25.98% |
|