| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-SD3 |
| Closing Date | 9/30/2004 |
| Collateral Factor Date | 3/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 26.55% |
| |
| Delinquency Status (*) | |
| 30+ Days | 12.50% |
| 60+ Days | 6.80% |
| 90+ Days | 4.61% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.72% |
| Foreclosure | 4.10% |
| REO | 0.55% |
| |
| Cumulative Net Loss | 2.17% |
| Loss Severity | 84.50% |
| |
| Prepayment Experience | |
| 1mo CPR | 11.05% |
| 3mo CPR | 12.10% |
| 6mo CPR | 14.06% |
| 9mo CPR | 13.34% |
| 12mo CPR | 14.86% |
| Life CPR | 24.41% |
|