8-K 1 efc6-0278_5820215form8k.txt ------------------------------------------------------------------------------ SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest Event Reported): July 11, 2005 IndyMac MBS, Inc. (as depositor under the Pooling and Servicing Agreement, dated as of July 1, 2005, providing for the issuance of the IndyMac MBS, Inc., IndyMac INDX Mortgage Loan Trust 2005-AR16IP, Mortgage Pass-Through Certificates, Series 2005-AR16IP). IndyMac MBS, Inc. --------------------- (Exact name of registrant as specified in its charter) Delaware 333-119384-32 95-4791925 ---------------------------------- --------------- ------------------- (State or Other Jurisdiction (Commission (I.R.S. Employer of Incorporation) File Number) Identification No.) 155 North Lake Avenue Pasadena, California 91101 -------------------- -------- (Address of Principal (Zip Code) Executive Offices) Registrant's telephone number, including area code (800) 669-2300 ----- -------- Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b)) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Section 8. --------- Item 8.01 Other Events. ---------- ------------ On July 11, 2005, IndyMac MBS, Inc. (the "Company") entered into a Pooling and Servicing Agreement dated as of July 1, 2005 (the "Pooling and Servicing Agreement"), by and among the Company, as depositor, IndyMac Bank, F.S.B. ("IndyMac"), as seller and as master servicer, and Deutsche Bank National Trust Company, as trustee (the "Trustee"), providing for the issuance of the Company's IndyMac INDX Mortgage Loan Trust 2005-AR16IP, Mortgage Pass-Through Certificates, Series 2005-AR16IP (the "Certificates"). The Pooling and Servicing Agreement is annexed hereto as Exhibit 99.1. Section 9. --------- Item 9.01 Financial Statements, Pro Forma Financial Information and Exhibits. ---------- ------------------------------------------------------------------ Not applicable. Not applicable. Exhibits: 99.1. Pooling and Servicing Agreement, dated as of July 1, 2005, by and among the Company, IndyMac and the Trustee. 2 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. INDYMAC MBS, INC. By: /s/ Victor H. Woodworth --------------------------- Victor H. Woodworth Vice President Dated: January 19, 2006 3 Exhibit Index ------------- Exhibit Page ------- ---- 99.1. Pooling and Servicing Agreement, dated as of July 1, 2005, by and among the Company, IndyMac and the Trustee 5 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K Current Report Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): August 25, 2005 (Date of earliest event reported) Indymac MBS, Inc. (as Depositor under the Pooling and Servicing Agreement, dated as July 1, 2005, providing for the issuance of IndyMac INDX Mortgage Loan Trust 2005-AR16IP Mortgage Pass-Through Certificates, Series 2005-AR16IP) (Exact name of registrant as specified in charter) DELAWARE (State or Other Jurisdiction of Incorporation) 333-119384-32 95-4791925 (Commission File Number) (I.R.S. Employer Identification No.) 155 NORTH LAKE AVENUE PASADENA, CALIFORNIA 91101 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, Including Area Code: (800) 669-2300 (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b)) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 8.01 Other Events Attached hereto is a copy of the Monthly Remittance Statements to the Certificateholders which was derived from the monthly information submitted by the Master Servicer of the Trust to the Trustee. Item 9.01 Financial Statements and Exhibits (c) Exhibits: Exhibit No. Description 99.1 Monthly Remittance Statement to the Certificateholders dated as of August 25, 2005. Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. Deutsche Bank National Trust Company, in its capacity as Trustee under the Pooling and Servicing Agreement on behalf of Indymac MBS, Inc., Registrant Date: Aug 26, 2005 By: /s/ Katherine M. Wannenmacher Katherine M. Wannenmacher Vice President EXHIBIT INDEX DOCUMENT 99.1 Monthly Remittance Statement to the Certificateholders dated as of August 25, 2005.

IndyMac INDX Mortgage Loan Trust 2005-AR16
Mortgage Pass-Through Certificates
2005-AR16
August 25, 2005 Distribution
				External Parties						Table of Contents
													Page
				Seller
										1. Certificate Payment Report					2
				IndyMac Bank
										2. Collection Account Report					4
										3. Credit Enhancement Report					6
										4. Collateral Report					7
				Certificate Insurer(s)						5. Delinquency Report					10
										6. REO Report					11
										7. Foreclosure Report					12
										8. Prepayment Report					13
										9. Prepayment Detail Report					16
										10. Realized Loss Report					17
										11. Realized Loss Detail Report					20
				Servicer(s)
										12. Triggers and Adj. Cert. Report					21
				IndyMac Bank
										13. Other Related Information					22
				Underwriter(s)
				Deutsche Bank Securities
										Total Number of Pages					22
				Dates						Contacts
				Cut-Off Date:			July 01, 2005			Brent Hoyler
				Close Date:			July 11, 2005			Administrator
				First Distribution Date:			August 25, 2005			(714) 247-6322
										Brent.Hoyler@db.com
										Address:
										1761 East St. Andrew Place, Santa Ana, CA 92705
				Distribution Date:			August 25, 2005
										Factor Information:			(800) 735-7777
				Record Date:			July 29, 2005
										Main Phone Number:			(714) 247-6000
							August 24, 2005
										https://www.tss.db.com/invr
Page 1 of 22
IndyMac INDX Mortgage Loan Trust 2005-AR16
Mortgage Pass-Through Certificates
2005-AR16
August 25, 2005 Distribution
Certificate Payment Report
Current Period Distribution - REMIC-II
					Prior												Current
	Class		Original		Principal						Total		Realized		Deferred		Principal
Class	Type	Cur	Face Value		Balance		Interest		Principal		Distribution		Loss		Interest		Balance
					(1)		(2)		(3)		(4)=(2)+(3)		(5)		(6)		(7)=(1)-(3)-(5)+(6)
A-1	STEP, FLT	$	427,033,000.00		427,033,000.00		1,959,013.89		10,826,088.09		12,785,101.98		0.00		0.00		416,206,911.91
A-2	MEZ, STEP	$	173,900,000.00		173,900,000.00		808,635.00		4,408,691.41		5,217,326.41		0.00		0.00		169,491,308.59
A-3	MEZ, FLT	$	110,788,000.00		110,788,000.00		418,870.96		2,808,683.75		3,227,554.71		0.00		0.00		107,979,316.25
A-X	IO, PO, CST	$	0.00		0.00		0.04		0.00		0.04		0.00		0.00		0.00
A-R	R, AS	$	100.00		100.00		0.38		100.00		100.38		0.00		0.00		0.00
B-1	SUB, STEP,	$	20,775,000.00		20,775,000.00		102,576.56		127,487.75		230,064.31		0.00		0.00		20,647,512.25
B-2	SUB, STEP,	$	13,080,000.00		13,080,000.00		68,670.00		80,266.65		148,936.65		0.00		0.00		12,999,733.35
B-3	SUB, STEP,	$	5,386,000.00		5,386,000.00		33,325.88		33,051.70		66,377.58		0.00		0.00		5,352,948.30
B-4	SUB, STEP,	$	5,001,000.00		5,001,000.00		34,694.44		30,689.11		65,383.55		0.00		0.00		4,970,310.89
B-5	SUB, STEP,	$	7,310,000.00		7,310,000.00		42,032.50		44,858.50		86,891.00		0.00		0.00		7,265,141.50
B-6	SUB, STEP,	$	3,847,000.00		3,847,000.00		22,120.25		23,607.48		45,727.73		0.00		0.00		3,823,392.52
B-7	SUB, STEP,	$	2,308,448.17		2,308,448.17		13,273.56		14,166.01		27,439.57		0.00		0.00		2,294,282.16
P	SUB	$	100.00		100.00		18,783.07		0.00		18,783.07		0.00		0.00		100.00
Total			769,428,648.17		769,428,648.17		3,521,996.53		18,397,690.45		21,919,686.98		0.00		0.00		751,030,957.72
Interest Accrual Detail Current Period Factor Information per $1,000 of Original Face-
									Orig. Principal		Prior							Current
	Period		Period						(with Notional)		Principal						Total	Principal
Class	Starting		Ending		Method		Cusip		Balance		Balance		Interest		Principal		Distribution	Balance
									(1)		(1)		(2)		(3)		(4)=(2)+(3)	(5)
A-1	07/11/05		08/24/05		A-Act/360		45660LUD9		427,033,000.00		1,000.000000		4.587500		25.351877		29.939377	974.648123
A-2	07/11/05		08/24/05		A-Act/360		45660LUE7		173,900,000.00		1,000.000000		4.650000		25.351877		30.001877	974.648123
A-3	07/01/05		07/30/05		A-30/360		45660LUF4		110,788,000.00		1,000.000000		3.780833		25.351877		29.132710	974.648123
A-X	07/01/05		07/30/05		A-30/360		45660LUG2		769,428,548.17		0.000000		0.000000		0.000000		0.000000	0.000000
A-R	07/01/05		07/30/05		A-30/360		45660LUH0		100.00		1,000.000000		3.800000		1,000.000000		1,003.800000	0.000000
B-1	07/11/05		08/24/05		A-Act/360		45660LUJ6		20,775,000.00		1,000.000000		4.937500		6.136594		11.074094	993.863406
B-2	07/11/05		08/24/05		A-Act/360		45660LUK3		13,080,000.00		1,000.000000		5.250000		6.136594		11.386594	993.863406
B-3	07/11/05		08/24/05		A-Act/360		45660LUL1		5,386,000.00		1,000.000000		6.187501		6.136595		12.324096	993.863405
B-4	07/11/05		08/24/05		A-Act/360		45660LUM9		5,001,000.00		1,000.000000		6.937500		6.136595		13.074095	993.863405
B-5	07/11/05		08/24/05		A-Act/360		45660LUN7		7,310,000.00		1,000.000000		5.750000		6.136594		11.886594	993.863406
B-6	07/11/05		08/24/05		A-Act/360		45660LUP2		3,847,000.00		1,000.000000		5.750000		6.136595		11.886595	993.863405
B-7	07/11/05		08/24/05		A-Act/360		45660LUQ0		2,308,448.17		1,000.000000		5.749993		6.136594		11.886587	993.863406
P	07/01/05		07/30/05		F-30/360		45660LUR8		100.00		1,000.000000		187,830.700000		0.000000		187,830.700000	1,000.000000
Page 2 of 22
IndyMac INDX Mortgage Loan Trust 2005-AR16
Mortgage Pass-Through Certificates
2005-AR16
August 25, 2005 Distribution
Distribution to Date - REMIC-II
																	Current
	Original				Unscheduled		Scheduled		Total		Total		Realized		Deferred		Principal
Class	Face Value		Interest		Principal		Principal		Principal		Distribution		Loss		Interest		Balance
	(1)		(2)		(3)		(4)		(5)=(3)+(4)		(6)=(2)+(5)		(7)		(8)		(9)=(1)-(5)-(7)+(8)
A-1	427,033,000.00		1,959,013.89		8,205,573.93		2,620,514.16		10,826,088.09		12,785,101.98		0.00		0.00		416,206,911.91
A-2	173,900,000.00		808,635.00		3,341,543.41		1,067,148.00		4,408,691.41		5,217,326.41		0.00		0.00		169,491,308.59
A-3	110,788,000.00		418,870.96		2,128,826.40		679,857.35		2,808,683.75		3,227,554.71		0.00		0.00		107,979,316.25
A-X	0.00		0.04		0.00		0.00		0.00		0.04		0.00		0.00		0.00
A-R	100.00		0.38		75.79		24.21		100.00		100.38		0.00		0.00		0.00
B-1	20,775,000.00		102,576.56		0.00		127,487.75		127,487.75		230,064.31		0.00		0.00		20,647,512.25
B-2	13,080,000.00		68,670.00		0.00		80,266.65		80,266.65		148,936.65		0.00		0.00		12,999,733.35
B-3	5,386,000.00		33,325.88		0.00		33,051.70		33,051.70		66,377.58		0.00		0.00		5,352,948.30
B-4	5,001,000.00		34,694.44		0.00		30,689.11		30,689.11		65,383.55		0.00		0.00		4,970,310.89
B-5	7,310,000.00		42,032.50		0.00		44,858.50		44,858.50		86,891.00		0.00		0.00		7,265,141.50
B-6	3,847,000.00		22,120.25		0.00		23,607.48		23,607.48		45,727.73		0.00		0.00		3,823,392.52
B-7	2,308,448.17		13,273.56		0.00		14,166.01		14,166.01		27,439.57		0.00		0.00		2,294,282.16
P	100.00		18,783.07		0.00		0.00		0.00		18,783.07		0.00		0.00		100.00
Total	769,428,648.17		3,521,996.53		13,676,019.53		4,721,670.92		18,397,690.45		21,919,686.98		0.00		0.00		751,030,957.72
Interest Detail - REMIC-II
	Pass		Prior Principal				Non-		Prior		Unscheduled				Paid or		Current
	Through		(with Notional)		Accrued		Supported		Unpaid		Interest		Optimal		Deferred		Unpaid
Class	Rate		Balance		Interest		Interest SF		Interest		Adjustment		Interest		Interest		Interest
					(1)		(2)		(3)		(4)		(5)=(1)-(2)+(3)+(4)		(6)		(7)=(5)-(6)
A-1	3.06702%		427,033,000.00		1,637,149.57		0.00		0.00		0.00		1,637,149.57		1,959,013.89		0.00
A-2	3.06702%		173,900,000.00		666,693.93		0.00		0.00		0.00		666,693.93		808,635.00		0.00
A-3	4.53700%		110,788,000.00		418,870.96		0.00		0.00		0.00		418,870.96		418,870.96		0.00
A-X	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.04		0.00
A-R	4.56000%		100.00		0.38		0.00		0.00		0.00		0.38		0.38		0.00
B-1	3.06702%		20,775,000.00		79,646.73		0.00		0.00		0.00		79,646.73		102,576.56		0.00
B-2	3.06702%		13,080,000.00		50,145.81		0.00		0.00		0.00		50,145.81		68,670.00		0.00
B-3	3.06702%		5,386,000.00		20,648.73		0.00		0.00		0.00		20,648.73		33,325.88		0.00
B-4	3.06702%		5,001,000.00		19,172.72		0.00		0.00		0.00		19,172.72		34,694.44		0.00
B-5	3.06702%		7,310,000.00		28,024.91		0.00		0.00		0.00		28,024.91		42,032.50		0.00
B-6	3.06702%		3,847,000.00		14,748.54		0.00		0.00		0.00		14,748.54		22,120.25		0.00
B-7	3.06702%		2,308,448.17		8,850.08		0.00		0.00		0.00		8,850.08		13,273.56		0.00
P	0.00000%		100.00		0.00		0.00		0.00		0.00		0.00		18,783.07		0.00
Total			769,428,648.17		2,943,952.36		0.00		0.00		0.00		2,943,952.36		3,521,996.53		0.00
Page 3 of 22
IndyMac INDX Mortgage Loan Trust 2005-AR16
Mortgage Pass-Through Certificates
2005-AR16
August 25, 2005 Distribution
Collection Account Report
SUMMARY
														Total
Principal Collections														18,397,690.45
Principal Withrawals														0.00
Principal Other Accounts														0.00
TOTAL NET PRINCIPAL														18,397,690.45
Interest Collections														3,022,630.23
Interest Withdrawals														-0.00
Interest Other Accounts														572,178.56
Interest Fees														-72,812.25
TOTAL NET INTEREST														3,521,996.55
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION														21,919,687.00
PRINCIPAL - COLLECTIONS
															Total
Scheduled Principal Received															236,117.33
Curtailments															-1,221,210.20
Prepayments In Full															14,897,229.74
Repurchased/Substitutions															4,485,553.58
Liquidations															0.00
Insurance Principal															0.00
Other Additional Principal															0.00
Delinquent Principal															-188,360.38
Realized Losses															-0.00
Advanced Principal															188,360.38
TOTAL PRINCIPAL COLLECTED															18,397,690.45
PRINCIPAL - WITHDRAWALS
SPACE INTENTIONALLY LEFT BLANK
PRINCIPAL - OTHER ACCOUNTS
														Total
TOTAL PRINCIPAL OTHER ACCOUNTS														0.00
Page 4 of 22
IndyMac INDX Mortgage Loan Trust 2005-AR16
Mortgage Pass-Through Certificates
2005-AR16
August 25, 2005 Distribution
INTEREST - COLLECTIONS
														Total
Scheduled Interest														3,173,272.32
Repurchased/Substitution Interest														19,877.44
Liquidation Interest														0.00
Insurance Interest														0.00
Other Additional Interest														0.00
Prepayment Interest Shortfalls														-12,059.66
Delinquent Interest														-2,242,599.03
Compensating Interest														12,059.66
Civil Relief Act Shortfalls														-0.00
Interest Advanced														2,072,079.50
TOTAL INTEREST COLLECTED														3,022,630.23
INTEREST - WITHDRAWALS
														Total
TOTAL INTEREST WITHDRAWALS														0.00
INTEREST - OTHER ACCOUNTS
														Total
Prepayment Charges														18,783.07
Capitalized Interest														553,395.49
TOTAL INTEREST OTHER ACCOUNTS														572,178.56
INTEREST - FEES
														Total
Current Servicing Fees														69,926.89
Trustee Fees														2,885.36
TOTAL INTEREST FEES														72,812.25
Page 5 of 22
IndyMac INDX Mortgage Loan Trust 2005-AR16
Mortgage Pass-Through Certificates
2005-AR16
August 25, 2005 Distribution
Credit Enhancement Report
ACCOUNTS
SPACE INTENTIONALLY LEFT BLANK
INSURANCE
SPACE INTENTIONALLY LEFT BLANK
STRUCTURAL FEATURES
SPACE INTENTIONALLY LEFT BLANK
Page 6 of 22
IndyMac INDX Mortgage Loan Trust 2005-AR16
Mortgage Pass-Through Certificates
2005-AR16
August 25, 2005 Distribution
Collateral Report
COLLATERAL
															Total
Loan Count:
Original														1,708
Prior														1,708
Prefunding														0
Scheduled Paid Offs														-0
Full Voluntary Prepayments														-20
Repurchases														-9
Liquidations														-0
Current														1,679
Principal Balance:
Original														769,428,548.17
Prior														769,428,548.17
Prefunding														0.00
Scheduled Principal														-236,117.33
Partial Prepayments														(1,221,210.20)
Full Voluntary Prepayments														-14,897,229.74
Repurchases														-4,485,553.58
Liquidations														-0.00
Current														751,030,857.72
PREFUNDING
SPACE INTENTIONALLY LEFT BLANK
Page 7 of 22
IndyMac INDX Mortgage Loan Trust 2005-AR16
Mortgage Pass-Through Certificates
2005-AR16
August 25, 2005 Distribution
CHARACTERISTICS
														Total
Weighted Average Coupon Original														4.98003%
Weighted Average Coupon Prior														4.98003%
Weighted Average Coupon Current														4.98003%
Weighted Average Months to Maturity Original														352
Weighted Average Months to Maturity Prior														352
Weighted Average Months to Maturity Current														352
Weighted Avg Remaining Amortization Term Original														352
Weighted Avg Remaining Amortization Term Prior														352
Weighted Avg Remaining Amortization Term Current														352
Weighted Average Seasoning Original														5.47
Weighted Average Seasoning Prior														5.47
Weighted Average Seasoning Current														5.47
Page 8 of 22
IndyMac INDX Mortgage Loan Trust 2005-AR16
Mortgage Pass-Through Certificates
2005-AR16
August 25, 2005 Distribution
ARM CHARACTERISTICS
														Total
Weighted Average Margin Original														2.79842%
Weighted Average Margin Prior														2.79842%
Weighted Average Margin Current														2.79842%
Weighted Average Max Rate Original														10.12520%
Weighted Average Max Rate Prior														10.12520%
Weighted Average Max Rate Current														10.12520%
Weighted Average Min Rate Original														0.01811%
Weighted Average Min Rate Prior														0.01811%
Weighted Average Min Rate Current														0.01811%
Weighted Average Cap Up Original														0.90565%
Weighted Average Cap Up Prior														0.90565%
Weighted Average Cap Up Current														0.90565%
Weighted Average Cap Down Original														0.90565%
Weighted Average Cap Down Prior														0.90565%
Weighted Average Cap Down Current														0.90565%
SERVICING FEES & ADVANCES
															Total
Current Servicing Fees														69,926.89
Delinquent Servicing Fees														170,519.53
TOTAL SERVICING FEES														240,446.43
Total Servicing Fees														240,446.43
Compensating Interest														-12,059.66
Delinquent Servicing Fees														-170,519.53
COLLECTED SERVICING FEES														57,867.23
Total Advaced Interest														2,072,079.50
Total Advaced Principal														188,360.38
Aggregate Advances with respect to this Distribution														2,260,439.88
ADDITIONAL COLLATERAL INFORMATION
														Total
Prepayment Interest Shortfall (PPIS)														12,059.66
Compensating Interest														-12,059.66
Net Prepayment Interest Shortfall (PPIS)														0.00
Weighted Average Net Mortgage Rate														4.600533%
Current Deferred Interest														820,569.60
Cumulative Deferred Interest														820,569.60
Current Net Deferred Interest														0.00
Cumulative Net Deferred Interest														0.00
Page 9 of 22
IndyMac INDX Mortgage Loan Trust 2005-AR16
Mortgage Pass-Through Certificates
2005-AR16
August 25, 2005 Distribution
Delinquency Report
	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				14,028,849.54		1,618,368.77		0.00		15,647,218.31
			% Balance				1.87%		0.22%		0.00%		2.08%
			# Loans				42		5		0		47
			% # Loans				2.50%		0.30%		0.00%		2.80%
	FORECLOSURE		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	BANKRUPTCY		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	REO		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		0.00		14,028,849.54		1,618,368.77		0.00		15,647,218.31
			% Balance		0.00%		1.87%		0.22%		0.00%		2.08%
			# Loans		0		42		5		0		47
			% # Loans		0.00%		2.50%		0.30%		0.00%		2.80%
Page 10 of 22
IndyMac INDX Mortgage Loan Trust 2005-AR16
Mortgage Pass-Through Certificates
2005-AR16
August 25, 2005 Distribution
REO Report
Loan Number			Original		Stated				Current		State &
														First
&			Principal		Principal		Paid to		Note		LTV at		Original		Payment
Loan Group			Balance		Balance		Date		Rate		Origination		Term		Date
TOTAL
Page 11 of 22
IndyMac INDX Mortgage Loan Trust 2005-AR16
Mortgage Pass-Through Certificates
2005-AR16
August 25, 2005 Distribution
Foreclosure Report
Loan Number			Original		Stated				Current		State &
														First
&			Principal		Principal		Paid to		Note		LTV at		Original		Payment
Loan Group			Balance		Balance		Date		Rate		Origination		Term		Date
TOTAL
Page 12 of 22
IndyMac INDX Mortgage Loan Trust 2005-AR16
Mortgage Pass-Through Certificates
2005-AR16
August 25, 2005 Distribution
Prepayment Report
VOLUNTARY PREPAYMENTS
															Total
Current
Number of Paid in Full Loans														20
Number of Repurchased Loans														9
Total Number of Loans Prepaid in Full														29
Curtailments Amount														-1,221,210.20
Paid in Full Balance														14,897,229.74
Repurchased Loans Balance														4,485,553.58
Total Prepayment Amount														18,161,573.12
Cumulative
Number of Paid in Full Loans														20
Number of Repurchased Loans														9
Total Number of Loans Prepaid in Full														29
Paid in Full Balance														14,897,229.74
Repurchased Loans Balance														4,485,553.58
Curtailments Amount														-1,221,210.20
Total Prepayment Amount														18,161,573.12
Page 13 of 22
IndyMac INDX Mortgage Loan Trust 2005-AR16
Mortgage Pass-Through Certificates
2005-AR16
August 25, 2005 Distribution
VOLUNTARY PREPAYMENTS RATES
															Total
SMM														2.36%
3 Months Avg SMM														2.36%
12 Months Avg SMM														2.36%
Avg SMM Since Cut-off														2.36%
CPR														24.93%
3 Months Avg CPR														24.93%
12 Months Avg CPR														24.93%
Avg CPR Since Cut-off														24.93%
PSA														2,280.17%
3 Months Avg PSA Approximation														2,280.17%
12 Months Avg PSA Approximation														2,280.17%
Avg PSA Since Cut-off Approximation														2,280.17%
Page 14 of 22
IndyMac INDX Mortgage Loan Trust 2005-AR16
Mortgage Pass-Through Certificates
2005-AR16
August 25, 2005 Distribution
PREPAYMENT CALCULATION METHODOLOGY
Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases + Liquidations )/(Beg Principal Balance - Sched Principal) Conditional Prepayment Rate (CPR): 1-((1-SMM)^12) PSA Standard Prepayment Model: CPR/(0.002min(30,WAS)) Average SMM over period between nth month and mth month (AvgSMMn,m): [(1-SMMn)(1-SMMn+1)...(1-SMMm)]^(1/months in period n,m) Conditional Prepayment Rate (CPR): 1-((1-SMM)^12) Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.002*Avg WASn,m)) Average WASn,m: (min(30,WASn)+min(30,WASn+1)+...+min(30,WASm)/(number of months in the period n,m) Weighted Average Seasoning (WAS) Dates correspond to distribution dates. Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments, liquidations, and repurchases.
Page 15 of 22
IndyMac INDX Mortgage Loan Trust 2005-AR16
Mortgage Pass-Through Certificates
2005-AR16
August 25, 2005 Distribution
Prepayment Detail Report
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment
Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date
120393895 1			500,000.00		497,680.73			29-Jul-2005		5.533%		CA - 66.14%		Paid Off - 360		01-May-2005
120394454 1			600,000.00		520,620.40			14-Jul-2005		4.683%		CA - 62.13%		Paid Off - 360		01-Jul-2002
120394460 1			660,000.00		626,284.91			29-Jul-2005		4.683%		CA - 69.90%		Paid Off - 360		01-Dec-2002
120394467 1			450,000.00		443,616.86			29-Jun-2005		4.983%		CA - 73.95%		Paid Off - 360		01-Apr-2003
120394489 1			956,200.00		954,048.38			29-Jun-2005		4.983%		CA - 74.98%		Paid Off - 360		01-Jun-2004
120394509 1			825,000.00		813,198.01			24-Jun-2005		4.633%		CA - 47.54%		Paid Off - 360		01-Aug-2004
120397930 1			618,750.00		599,379.25			27-Jul-2005		5.033%		CA - 75.00%		Paid Off - 360		01-Jun-2002
120397949 1			2,500,000.00		2,429,113.40			28-Jul-2005		5.033%		CA - 54.35%		Paid Off - 360		01-Apr-2003
120397964 1			1,860,000.00		1,849,838.40			20-Jul-2005		5.033%		CA - 60.00%		Paid Off - 360		01-Oct-2003
120397973 1			2,500,000.00		2,477,350.10			26-Jul-2005		5.033%		CA - 46.30%		Paid Off - 360		01-Dec-2003
121240901 1			352,000.00		351,161.16			13-Jul-2005		5.633%		HI - 67.69%		Paid Off - 360		01-Jul-2005
121257416 1			443,210.00		441,993.19			04-Aug-2005		5.133%		CA - 80.00%		Paid Off - 360		01-May-2005
121303529 1			520,000.00		518,162.47			09-Aug-2005		5.383%		CA - 64.20%		Paid Off - 360		01-Jun-2005
121342618 1			600,000.00		597,884.09			06-Jul-2005		5.383%		CA - 80.00%		Paid Off - 360		01-Jun-2005
121346629 1			300,000.00		298,951.54			01-Jul-2005		5.533%		CA - 45.80%		Paid Off - 360		01-Jun-2005
121346637 1			330,000.00		328,836.25			12-Jul-2005		5.383%		CA - 75.00%		Paid Off - 360		01-Jun-2005
121374201 1			442,400.00		440,930.49			15-Aug-2005		5.708%		CA - 80.00%		Paid Off - 360		01-Jun-2005
121535535 1			190,200.00		190,200.00			02-Aug-2005		4.683%		AZ - 74.99%		Paid Off - 360		01-Jul-2005
121535562 1			174,750.00		174,750.00			28-Jul-2005		4.683%		AZ - 74.99%		Paid Off - 360		01-Jul-2005
121547716 1			344,050.00		343,230.11			08-Aug-2005		5.433%		CA - 80.00%		Paid Off - 360		01-Jul-2005
120393811 1			302,800.00		300,872.77			01-Jan-1900		5.508%		CA - 80.00%		Repur/Subs - 360		01-Apr-2005
120393834 1			266,250.00		265,313.73			01-Jan-1900		5.108%		CA - 75.00%		Repur/Subs - 360		01-Apr-2005
120393897 1			605,000.00		602,154.98			01-Jan-1900		5.383%		CA - 66.12%		Repur/Subs - 360		01-May-2005
120393966 1			318,400.00		317,209.00			01-Jan-1900		5.833%		NV - 80.00%		Repur/Subs - 360		01-Apr-2005
120394003 1			608,000.00		605,060.42			01-Jan-1900		5.083%		CA - 80.00%		Repur/Subs - 360		01-May-2005
120394057 1			308,000.00		306,596.90			01-Jan-1900		5.733%		CA - 61.48%		Repur/Subs - 360		01-May-2005
120394062 1			337,000.00		335,511.65			01-Jan-1900		6.083%		CA - 72.48%		Repur/Subs - 360		01-May-2005
120394142 1			268,000.00		267,203.08			01-Jan-1900		5.508%		CA - 80.00%		Repur/Subs - 360		01-Apr-2005
120394439 1			1,610,000.00		1,485,631.05			01-Jan-1900		4.983%		CA - 70.00%		Repur/Subs - 360		01-Mar-2002
TOTAL			19,790,010.00		19,382,783.32
Page 16 of 22
IndyMac INDX Mortgage Loan Trust 2005-AR16
Mortgage Pass-Through Certificates
2005-AR16
August 25, 2005 Distribution
Realized Loss Report
COLLATERAL REALIZED LOSSES
															Total
Current
Number of Loans Liquidated														0
Collateral Principal Realized Loss/(Gain) Amount														0.00
Collateral Interest Realized Loss/(Gain) Amount														0.00
Net Liquidation Proceeds														0.00
Cumulative
Number of Loans Liquidated														0
Collateral Realized Loss/(Gain) Amount														0.00
Net Liquidation Proceeds														0.00
		Special Hazard Loss Coverage Amt														0.00
		Fraud Loss Coverage Amt														0.00
		Bankrupt Loss Coverage Amt														0.00
		Class B-1 Writedown Amount														0.00
		Class B-2 Writedown Amount														0.00
		Class B-3 Writedown Amount														0.00
		Class B-4 Writedown Amount														0.00
		Class B-5 Writedown Amount														0.00
		Class B-6 Writedown Amount														0.00
		Class B-7 Writedown Amount														0.00
Page 17 of 22
IndyMac INDX Mortgage Loan Trust 2005-AR16
Mortgage Pass-Through Certificates
2005-AR16
August 25, 2005 Distribution
DEFAULT SPEEDS
															Total
MDR														0.00%
3 Months Avg MDR														0.00%
12 Months Avg MDR														0.00%
Avg MDR Since Cut-off														0.00%
CDR														0.00%
3 Months Avg CDR														0.00%
12 Months Avg CDR														0.00%
Avg CDR Since Cut-off														0.00%
SDA														0.00%
3 Months Avg SDA Approximation														0.00%
12 Months Avg SDA Approximation														0.00%
Avg SDA Since Cut-off Approximation														0.00%
Loss Severity Approximation for Current Period														0.00%
3 Months Avg Loss Severity Approximation														0.00%
12 Months Avg Loss Severity Approximation														0.00%
Avg Loss Severity Approximation Since Cut-off														0.00%
Page 18 of 22
IndyMac INDX Mortgage Loan Trust 2005-AR16
Mortgage Pass-Through Certificates
2005-AR16
August 25, 2005 Distribution
COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY
	Monthly Default Rate (MDR): (Beg Principal Balance of Liquidated Loans)/(Total Beg Principal Balance)
	Conditional Default Rate (CDR): 1-((1-MDR)^12)
	SDA Standard Default Assumption: CDR/IF(WAS<61,MIN(30,WAS)0.02,MAX(0.03,MIN(30,WAS)0.02-0.0095*(WAS-60)))
	Average MDR over period between nth month and mth month (AvgMDRn,m): [(1-MDRn)(1-MDRn+1)...*(1-MDRm)]^(1/months in period n,m)
	Average CDR over period between the nth month and mth month (AvgCDRn,m): 1-((1-AvgMDRn,m)^12)
	Average SDA Approximation over period between the nth month and mth month:
	AvgCDRn,m/IF(Avg WASn,m<61,MIN(30,Avg WASn,m)0.02,MAX(0.03,MIN(30,Avg WASn,m)0.02-0.0095*(Avg WASn,m-60)))
	Average WASn,m: (WASn + WASn+1 +...+ WASm )/(number of months in the period n,m)
	Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)
	Average Loss Severity Approximation over period between nth month and mth month: Avg(Loss Severityn,m)
	Note: Default rates are calculated since deal issue date and include realized gains and additional realized losses and gains from prior periods.
	Dates correspond to distribution dates.
Page 19 of 22
IndyMac INDX Mortgage Loan Trust 2005-AR16
Mortgage Pass-Through Certificates
2005-AR16
August 25, 2005 Distribution
Realized Loss Detail Report
Loan Number			Current		State &				Prior		Realized				Cumulative
&		Loan	Note		LTV at		Original		Principal		Loss/(Gain)		Realized		Realized
Loan Group		Status	Rate		Origination		Term		Balance		Revision		Loss/(Gain)		Loss/(Gain)
TOTAL
Page 20 of 22
IndyMac INDX Mortgage Loan Trust 2005-AR16
Mortgage Pass-Through Certificates
2005-AR16
August 25, 2005 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS
														Total
						Has Optional Termination Date Reached (0=No,1=Yes)								0
						Has Sr. Prepay Stepdown Condition Occurred								0
						Has Sr. Credit Supp. Depletion Date Occured								0
						Has Special Haz. Cov. Term Date Occured								0
						Has Fraud Loss Coverage Term Date Occured								0
						Has BK Loss Cov. Term Date Occured (0=No,1=Yes)								0
ADJUSTABLE RATE CERTIFICATE INFORMATION
SPACE INTENTIONALLY LEFT BLANK
ADDITIONAL INFORMATION
														Total
Current Senior Percentage														92.499960%
Next Senior Percentage														92.363387%
Current Subordinate Percentage														7.500040%
Next Subordinate Percentage														7.636613%
Senior Prepayment Percentage														100.000000%
Next Senior Prepayment Percentage														100.000000%
Subordinate Prepayment Percentage														0.000000%
Next Subordinate Prepayment Percentage														0.000000%
Page 21 of 22
IndyMac INDX Mortgage Loan Trust 2005-AR16
Mortgage Pass-Through Certificates
2005-AR16
August 25, 2005 Distribution
Other Related Information
ADDITIONAL INFORMATION
														Total
Current Scheduled Payments														3,409,389.65
Current Scheduled Payments 1 Month Prior														0.00
Current Scheduled Payments 2 Month Prior														0.00
Current Scheduled Payments 3 Month Prior														0.00
Current Scheduled Payments 4 Month Prior														0.00
Current Scheduled Payments 5 Month Prior														0.00
Current Scheduled Payments 6 Month Prior														0.00
Current Scheduled Payments 7 Month Prior														0.00
Current Scheduled Payments 8 Month Prior														0.00
Current Scheduled Payments 9 Month Prior														0.00
Current Scheduled Payments 10 Month Prior														0.00
Current Scheduled Payments 11 Month Prior														0.00
Delinquent 60+ Scheduled Payments														7,431.41
Delinq. 60+ Sched. Pmnts, 1 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 2 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 3 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 4 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 5 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 6 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 7 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 8 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 9 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 10 Month Prior														0.00
Delinq. 60+ Sched. Pmnts, 11 Month Prior														0.00
Page 22 of 22

Filing Compare · IndyMac INDX Mortgage Loan Trust 2005-AR16IP