| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-SD3 |
| Closing Date | 9/30/2004 |
| Collateral Factor Date | 5/1/2009 |
| |
| Performance Summary | |
| Current Pool Factor | 25.63% |
| |
| Delinquency Status (*) | |
| 30+ Days | 10.45% |
| 60+ Days | 7.54% |
| 90+ Days | 5.43% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 3.71% |
| Foreclosure | 6.09% |
| REO | 0.18% |
| |
| Cumulative Net Loss | 2.35% |
| Loss Severity | 87.19% |
| |
| Prepayment Experience | |
| 1mo CPR | 2.57% |
| 3mo CPR | 15.12% |
| 6mo CPR | 13.14% |
| 9mo CPR | 14.85% |
| 12mo CPR | 13.72% |
| Life CPR | 24.17% |
|