| DEAL NAME | Morgan Stanley ABS Capital I Inc. Trust 2004-SD3 |
| Closing Date | 9/30/2004 |
| Collateral Factor Date | 1/1/2012 |
| |
| Performance Summary | |
| Current Pool Factor | 18.09% |
| |
| Delinquency Status (*) | |
| 30+ Days | 9.88% |
| 60+ Days | 7.27% |
| 90+ Days | 6.14% |
| 120+ Days | 0.00% |
| |
| Bankruptcy | 4.76% |
| Foreclosure | 6.94% |
| REO | 2.72% |
| |
| Cumulative Net Loss | 3.19% |
| Loss Severity | 73.47% |
| |
| Prepayment Experience | |
| 1mo CPR | 8.65% |
| 3mo CPR | 6.19% |
| 6mo CPR | 4.22% |
| 9mo CPR | 6.22% |
| 12mo CPR | 8.46% |
| Life CPR | 19.24% |
|