| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-SD3 |
| Closing Date | 9/30/2004 |
| Collateral Factor Date | 9/1/2008 |
| |
| Performance Summary | |
| Current Pool Factor | 28.96% |
| |
| Delinquency Status (*) | |
| 30+ Days | 8.66% |
| 60+ Days | 5.92% |
| 90+ Days | 4.29% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.67% |
| Foreclosure | 1.66% |
| REO | 1.49% |
| |
| Cumulative Net Loss | 1.73% |
| Loss Severity | 78.16% |
| |
| Prepayment Experience | |
| 1mo CPR | 14.75% |
| 3mo CPR | 11.87% |
| 6mo CPR | 15.60% |
| 9mo CPR | 13.67% |
| 12mo CPR | 13.09% |
| Life CPR | 25.57% |
|