EX-99.1 3 file002.txt RELATED COMPUTATIONAL MATERIALS MORGAN STANLEY 2003-SD1 Mortgage Loan Characteristics
------------------------------------------------------------------------------------------------------------------------- AGGREGATE POOL PERFORMING ------------------------------------------------------------------------------------------------------------------------- COLLATERAL CHARACTERISTICS: COLLATERAL CHARACTERISTICS: --------------------------- --------------------------- Principal Balance of Statistical Loan Group: 174,511,813.17 Principal Balance of Statistical Loan Group: 151,755,726.21 Percent of Aggregate Pool: 100.00% Percent of Aggregate Pool: 86.96% Maximum Balance: 1,099,234.73 Maximum Balance: 1,099,234.73 Minimum Balance: 134.64 Minimum Balance: 134.64 Average Balance: 111,580.44 Average Balance: 113,759.91 Number of Loans: 1564 Number of Loans: 1334 Fixed/Floating: Fixed/Floating: -FRM Percentage: 38.46 -FRM Percentage: 39.24 -ARM Percentage: 61.54 -ARM Percentage: 60.76 Wtd Avg Coupon: 8.882 Wtd Avg Coupon: 8.750 Wtd Avg Margin: 6.414 Wtd Avg Margin: 6.473 Wtd Avg Max Rate: 15.355 Wtd Avg Max Rate: 15.219 Wtd Avg Orig Term (mths): 347 Wtd Avg Orig Term (mths): 347 Wtd Avg Std Rem Term (mths): 316 Wtd Avg Std Rem Term (mths): 317 Wtd Avg Seasoning (mths): 30 Wtd Avg Seasoning (mths): 28 % Owner Occupied: 91.26 % Owner Occupied: 90.47 State Concentration (TOP 3): CA(31%),NY(8%),FL(6%) State Concentration (TOP 3): CA(33%),NY(8%),FL(6%) Lien Composition: Lien Composition: % 1st Lien: 98.07 % 1st Lien: 97.88 % 2nd Lien: 1.93 % 2nd Lien: 2.12 % Cashout Refinance: 51.78 % Cashout Refinance: 52.43 % Purchase: 36.07 % Purchase: 35.98 % Rate Term Refinance: 10.53 % Rate Term Refinance: 10.32 % Full Documentation: 56.79 % Full Documentation: 58.00 % Stated Documentation: 12.50 % Stated Documentation: 13.72 % Limited Documentation: 13.05 % Limited Documentation: 12.16 % Other: 17.65 % Other: 16.12 Wtd Avg FICO: 603.3 Wtd Avg FICO: 610.0 % FICO below 600 (inc. N/A): 50.26 % FICO below 600 (inc. N/A): 45.85 % FICO below 550 (inc. N/A): 24.10 % FICO below 550 (inc. N/A): 20.16 % FICO below 500 (inc. N/A): 3.32 % FICO below 500 (inc. N/A): 2.19 % w/ Prepay Penalty: 58.87 % w/ Prepay Penalty: 61.77 % w/ Mort Insurance: 1.38 % w/ Mort Insurance: 1.18 Wtd Avg Comb Amortized LTV: 79.10 Wtd Avg Comb Amortized LTV: 79.26 % Comb Amortized Current LTV > 80: 46.48 % Comb Amortized Current LTV > 80: 47.64 % Comb Amortized Current LTV > 90: 16.51 % Comb Amortized Current LTV > 90: 17.91 % Comb Amortized Current LTV > 100: 0.08 % Comb Amortized Current LTV > 100: 0.06
MORGAN STANLEY 2003-SD1 Mortgage Loan Characteristics
------------------------------------------------------------------------------------------------------------------------- REPERFORMING SUBPERFORMING ------------------------------------------------------------------------------------------------------------------------- COLLATERAL CHARACTERISTICS: COLLATERAL CHARACTERISTICS: --------------------------- --------------------------- Principal Balance of Statistical Loan Group: 9,372,496.74 Principal Balance of Statistical Loan Group: 13,383,590.22 rcent of Aggregate Pool: 5.37% Percent of Aggregate Pool: 7.67% Maximum Balance: 259,641.47 Maximum Balance: 701,866.09 Minimum Balance: 2,816.13 Minimum Balance: 15,592.87 Average Balance: 86,782.38 Average Balance: 109,701.56 Number of Loans: 108 Number of Loans: 122 Fixed/Floating: Fixed/Floating: -FRM Percentage: 53.80 -FRM Percentage: 18.93 -ARM Percentage: 46.20 -ARM Percentage: 81.07 Wtd Avg Coupon: 9.551 Wtd Avg Coupon: 9.908 Wtd Avg Margin: 5.280 Wtd Avg Margin: 6.360 Wtd Avg Max Rate: 15.912 Wtd Avg Max Rate: 16.286 Wtd Avg Orig Term (mths): 344 Wtd Avg Orig Term (mths): 348 Wtd Avg Std Rem Term (mths): 277 Wtd Avg Std Rem Term (mths): 325 Wtd Avg Seasoning (mths): 65 Wtd Avg Seasoning (mths): 23 % Owner Occupied: 98.78 % Owner Occupied: 94.93 State Concentration (TOP 3): NJ(15%),PA(13%),FL(10%) State Concentration (TOP 3): CA(27%),FL(7%),NY(7%) Lien Composition: Lien Composition: % 1st Lien: 100.00 % 1st Lien: 98.83 % 2nd Lien: 0.00 % 2nd Lien: 1.17 % Cashout Refinance: 37.91 % Cashout Refinance: 54.07 % Purchase: 41.07 % Purchase: 33.62 % Rate Term Refinance: 14.38 % Rate Term Refinance: 10.27 % Full Documentation: 40.46 % Full Documentation: 54.55 % Stated Documentation: 3.48 % Stated Documentation: 5.01 % Limited Documentation: 2.74 % Limited Documentation: 30.33 % Other: 53.32 % Other: 10.11 Wtd Avg FICO: 567.8 Wtd Avg FICO: 551.2 % FICO below 600 (inc. N/A): 73.87 % FICO below 600 (inc. N/A): 83.71 % FICO below 550 (inc. N/A): 37.64 % FICO below 550 (inc. N/A): 59.38 % FICO below 500 (inc. N/A): 7.74 % FICO below 500 (inc. N/A): 13.04 % w/ Prepay Penalty: 1.22 % w/ Prepay Penalty: 66.39 % w/ Mort Insurance: 2.85 % w/ Mort Insurance: 2.68 Wtd Avg Comb Amortized LTV: 77.46 Wtd Avg Comb Amortized LTV: 78.41 % Comb Amortized Current LTV > 80: 34.41 % Comb Amortized Current LTV > 80: 41.72 % Comb Amortized Current LTV > 90: 5.62 % Comb Amortized Current LTV > 90: 8.27 % Comb Amortized Current LTV > 100: 0.54 % Comb Amortized Current LTV > 100: 0.00
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