| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-SD3 |
| Closing Date | 9/30/2004 |
| Collateral Factor Date | 8/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 29.40% |
| |
| Delinquency Status (*) | |
| 30+ Days | 7.05% |
| 60+ Days | 4.01% |
| 90+ Days | 3.15% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.56% |
| Foreclosure | 1.22% |
| REO | 2.24% |
| |
| Cumulative Net Loss | 1.53% |
| Loss Severity | 64.83% |
| |
| Prepayment Experience | |
| 1mo CPR | 15.85% |
| 3mo CPR | 10.21% |
| 6mo CPR | 14.41% |
| 9mo CPR | 12.93% |
| 12mo CPR | 13.74% |
| Life CPR | 25.78% |
|