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): ~~July~~April 25, ~~2006~~2007 (Date of earliest event reported) Indymac MBS Inc (as Depositor under the Pooling and Servicing Agreement, dated as June 1, 2004, providing for the issuance of Residential Asset Securitization Trust Series 2004-A5 Mortgage Pass-Through Certificates, Series 2004-E) (Exact name of registrant as specified in charter) DELAWARE (State or Other Jurisdiction of Incorporation) 333-116470-04 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 ~~July~~April 25, ~~2006~~2007. 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~~Apr 0125, ~~2006~~2007 By: /s/ Katherine M. Wannenmacher Katherine M. Wannenmacher Vice President EXHIBIT INDEX DOCUMENT 99.1 Monthly Remittance Statement to the Certificateholders dated as of ~~July~~April 25, ~~2006~~2007.

IndyMac Residential Asset Securitization Trust 2004-A5

Collateralized Asset-Backed Bonds

July 25, 2006 Distribution

April 25, 2007 Distribution

Contents

TABLE OF CONTENTS

Page

Contents

Certificate Payment Report

Collection Account Report

Credit Enhancement Report

Collateral Report

Delinquency Report

REO Report

Prepayment Report

Prepayment Detail Report

10.

Realized Loss Report

11.

Realized Loss Detail Report

12.

Triggers, Adj. Rate Cert. and Miscellaneous Report

13.

Other Related Information

14.

Additional Certificate Report

Total Number of Pages

CONTACTS

Administrator: Aaron Masters

Administrator: Tiffany Yuan

Direct Phone Number: (714)247-6266

Direct Phone Number: 714)247-6000

Address: Deutsche Bank

1761 E. St. Andrew Place, Santa Ana, CA 92705

Web Site: https://www.tss.db.com/invr

Factor Information: (800) 735-7777

Main Phone Number: (714) 247-6000

ISSUANCE INFORMATION

Seller:

IndyMac Bank

Cut-Off Date: June 1, 2004

Certificate Insurer(s):

Closing Date: June 28, 2004

First Payment Date: July 26, 2004

Servicer(s):

IndyMac Bank Master Servicer

Distribution Date: July 25, 2006

Distribution Date: April 25, 2007

Underwriter(s):

Residential Funding Corporation Underwriter

Record Date: ~~June~~March 30, ~~2006~~2007

Bear Stearns & Co. Underwriter

Page 1 of 23

IndyMac Residential Asset Securitization Trust 2004-A5

Collateralized Asset-Backed Bonds

REMIC Series 2004-A5

Certificate Payment Report for July 25, 2006 Distribution

Certificate Payment Report for April 25, 2007 Distribution

Distribution in Dollars - Current Period

Prior

Current

Class

Original

Principal

Total

Realized

Deferred

Principal

Class

Type

Face Value

Balance

Interest

Principal

Distribution

Losses

Interest

Balance

(1)

(2)

(3)

(4)=(2)+(3)

(5)

(6)

(7)=(1)-(3)-(5)+(6)

A-1

SEQ,AS

190,270,000.00

~~122~~106,~~886~~956,~~051~~675.7787

~~563~~490,~~227~~218.7410

12,~~267~~978,~~570~~729.5046

13,~~830~~468,~~798~~947.2456

~~121~~103,~~618~~977,~~481~~946.2741

PO,RSTP

2,772,089.00

1,~~996~~892,~~949~~239.1361

337,~~512~~486.8407

1,~~993~~854,~~436~~753.2954

A-X

IO,NTL

65,~~234~~210.8706

A-R

R,AS

100.00

B-1

SUB,NAS

4,548,000.00

4,~~424~~375,~~514~~759.0801

20,~~279~~055.0256

5,~~515~~607.3448

25,~~794~~663.3604

4,~~418~~370,~~998~~151.7453

B-2

SUB,NAS

2,021,500.00

1,~~966~~944,~~612~~942.8413

98,~~013~~914.6432

2,~~451~~492.4742

11,~~465~~406.1174

1,~~964~~942,~~161~~449.3771

B-3

SUB,NAS

606,500.00

~~590~~583,~~032~~530.4974

2,~~704~~674.3252

~~735~~747.5079

3,~~439~~422.8231

~~589~~582,~~296~~782.9995

B-4

SUB,NAS

808,500.00

~~786~~777,~~547~~880.8563

3,~~605~~565.0129

~~980~~996.4784

4,~~585~~562.4813

~~785~~776,~~567~~883.3879

B-5

SUB,NAS

606,400.00

~~589~~583,~~935~~434.2052

2,~~703~~674.8707

~~735~~747.3866

3,~~439~~421.2573

~~589~~582,~~199~~686.8286

B-6

SUB,NAS

505,500.66

~~422~~390,~~902~~034.3353

1,~~938~~787.3066

~~527~~499.1582

2,~~465~~287.4548

~~(325.00)~~-

~~422~~389,~~700~~534.1871

SUB

100.00

Total

202,138,689.66

~~133~~117,~~663~~504,~~645~~597.6904

~~609~~535,~~706~~099.7758

13,~~282~~027,~~028~~307.6554

13,~~891~~562,~~735~~407.4212

~~(325.00)~~-

~~132~~114,~~381~~477,~~942~~289.0450

Interest payments to Class PO represent payments of the Class PO Deferred Amount

Interest Accrual Detail

Current Period Factor Information per $1,000 of Original Face

Orig. Principal

Prior

Current

Period

(with Notional)

Principal

Total

Principal

Class

Starting

Ending

Method

Cusip

Balance

Interest

Principal

Distribution

Balance

(1)

(2)

(3)

(4)=(2)+(3)

(5)

A-1

0603/25/0607

0704/24/0607

F-30/360

45660NM93

190,270,000.00

~~645~~562.~~850905~~131055

2.~~960150~~576434

615.~~661957~~655277

918.~~622107~~231711

~~639~~546.~~188949~~475779

0603/25/0607

0704/24/0607

A-30/360

45660NN27

2,772,089.00

~~720~~682.~~376990~~604206

113.~~267218~~522679

~~719~~669.~~109772~~081527

A-X

0603/25/0607

0704/24/0607

A-30/360

45660NN35

105,962,502.00

~~643~~542.~~017458~~951524

0.~~058840~~049169

~~634~~528.~~885646~~284340

A-R

0603/25/0607

0704/24/0607

F-30/360

45660NN43

100.00

B-1

0603/25/0607

0704/24/0607

F-30/360

45660NN50

4,548,000.00

~~972~~962.~~848303~~128190

4.~~458887~~409754

1.~~212696~~232955

5.~~671583~~642709

~~971~~960.~~635607~~895235

B-2

0603/25/0607

0704/24/0607

F-30/360

45660NN68

2,021,500.00

~~972~~962.~~848301~~128187

4.~~458887~~409755

1.~~212698~~232956

5.~~671585~~642711

~~971~~960.~~635602~~895231

B-3

0603/25/0607

0704/24/0607

F-30/360

45660NN76

606,500.00

~~972~~962.~~848293~~128178

4.~~458895~~409761

1.~~212696~~232960

5.~~671591~~642721

~~971~~960.~~635598~~895218

B-4

0603/25/0607

0704/24/0607

F-30/360

45660NP74

808,500.00

~~972~~962.~~848299~~128176

4.~~458887~~409759

1.~~212703~~232950

5.~~671589~~642709

~~971~~960.~~635597~~895226

B-5

0603/25/0607

0704/24/0607

F-30/360

45660NP82

606,400.00

~~972~~962.~~848285~~128166

4.~~458889~~409746

1.~~212698~~232949

5.~~671586~~642695

~~971~~960.~~635587~~895218

B-6

0603/25/0607

0704/24/0607

F-30/360

45660NP90

505,500.66

~~836~~771.~~600945~~580654

3.~~834416~~536415

10.~~042828~~988762

4.~~877244~~525177

~~836~~770.~~201045~~591892

0603/25/0607

0704/24/0607

A-30/360

100.00

1,000.000000

Page 2 of 23

IndyMac Residential Asset Securitization Trust 2004-A5

Collateralized Asset-Backed Bonds

REMIC Series 2004-A5

Certificate Payment Report for July 25, 2006 Distribution

Certificate Payment Report for April 25, 2007 Distribution

Distribution in Dollars - to Date

Current

Original

Unscheduled

Scheduled

Total

Realized

Deferred

Principal

Class

Face Value

Interest

Principal

Distribution

Losses

Interest

Balance

(1)

(2)

(3)

(4)

(5)=(3)+(4)

(6)=(2)+(5)

(7)

(8)

(9)=(1)-(5)-(7)+(8)

A-1

190,270,000.00

1822,~~079~~782,~~635~~063.6521

6480,~~004~~249,~~215~~821.1617

46,~~647~~042,~~303~~232.5742

6886,~~651~~292,~~518~~053.7359

86109,~~731~~074,~~154~~116.3880

~~121~~103,~~618~~977,~~481~~946.2741

2,772,089.00

~~726~~854,~~410~~929.0193

5262,~~242~~405.7053

~~778~~917,~~652~~335.7146

1,~~993~~854,~~436~~753.2954

A-X

~~194~~244,~~525~~807.3938

A-R

100.00

0.46

82.71

17.29

100.00

100.46

B-1

4,548,000.00

~~514~~695,~~335~~735.4927

~~118~~163,~~653~~075.0830

1014,~~348~~773.1817

~~129~~177,~~001~~848.2647

~~643~~873,~~336~~583.7574

4,~~418~~370,~~998~~151.7453

B-2

2,021,500.00

~~228~~309,~~612~~241.4119

5272,~~739~~483.0791

46,~~599~~566.5638

5779,~~338~~050.6329

~~285~~388,~~951~~291.0448

1,~~964~~942,~~161~~449.3771

B-3

606,500.00

6892,~~589~~779.3698

1521,~~823~~746.0297

1,~~379~~970.9908

1723,~~203~~717.0105

85116,~~792~~497.3703

~~589~~582,~~296~~782.9995

B-4

808,500.00

91123,~~433~~681.6417

2128,~~093~~989.0096

12,~~839~~626.6225

2231,~~932~~616.6221

~~114~~155,~~366~~297.2638

~~785~~776,~~567~~883.3879

B-5

606,400.00

6892,~~578~~764.0771

1521,~~820~~743.4340

1,~~379~~969.7574

1723,~~200~~713.1814

85116,~~778~~477.2585

~~589~~582,~~199~~686.8286

B-6

505,500.66

5572,~~902~~338.4013

1216,~~883~~908.5860

1,~~122~~521.5389

1418,~~006~~430.1149

6990,~~908~~768.5162

6897,~~794~~535.3746

~~422~~389,~~700~~534.1871

100.00

5762,~~680~~206.0065

100.00

Total

202,138,689.66

1924,~~359~~475,~~292~~618.8715

6481,~~967~~429,~~720~~781.0695

46,~~720~~134,~~233~~082.1975

6987,~~687~~563,~~953~~864.2570

89112,~~047~~039,~~246~~482.1285

6897,~~794~~535.3746

~~132~~114,~~381~~477,~~942~~289.0450

Interest Detail

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

Adjustments

Interest

(1)

(2)

(3)

(4)

(5)=(1)-(2)+(3)+(4)

(6)

(7)=(5)-(6)

A-1

5.50000%

~~122~~106,~~886~~956,~~051~~675.7787

~~563~~490,~~227~~218.7410

1,~~996~~892,~~949~~239.1361

A-X

0.~~10981~~10867%

6857,~~135~~532,~~738~~501.7096

65,~~234~~210.8706

A-R

5.50000%

B-1

5.50000%

4,~~424~~375,~~514~~759.0801

20,~~279~~055.0256

B-2

5.50000%

1,~~966~~944,~~612~~942.8413

98,~~013~~914.6432

B-3

5.50000%

~~590~~583,~~032~~530.4974

2,~~704~~674.3252

B-4

5.50000%

~~786~~777,~~547~~880.8563

3,~~605~~565.0129

B-5

5.50000%

~~589~~583,~~935~~434.2052

2,~~703~~674.8707

B-6

5.50000%

~~422~~390,~~902~~034.3353

1,~~938~~787.3066

100.00

Total

~~201~~175,~~799~~037,~~384~~099.3900

~~609~~535,~~706~~099.7758

Page 3 of 23

IndyMac Residential Asset Securitization Trust 2004-A5

Collateralized Asset-Backed Bonds

Series 2004-A5

Collection Account Report for July 25, 2006 Distribution

Collection Account Report for April 25, 2007 Distribution

Collection Account Report

SUMMARY

TOTAL

Principal Collections

13,~~282~~027,~~028~~307.6654

Principal Withdrawals

0.00

Principal Other Accounts

0.00

TOTAL PRINCIPAL

13,~~282~~027,~~028~~307.6654

Interest Collections

~~617~~541,~~635~~468.8957

Interest Withdrawals

(76,~~929~~368.1399)

Interest Other Accounts

0.00

TOTAL INTEREST

~~609~~535,~~706~~099.7658

TOTAL AVAILABLE FUNDS TO BONDHOLDERS

13,~~891~~562,~~735~~407.4212

Interest Payable to Bondholders

~~609~~535,~~706~~099.7658

Principal Payment Amount Payable to Bondholders

13,~~282~~027,~~028~~307.6654

PRINCIPAL - COLLECTIONS

TOTAL

Scheduled Principal

~~164~~150,~~328~~781.9244

Curtailments

1510,~~020~~158.8615

Prepayments in Full

12,~~102~~866,~~353~~367.8895

Repurchases/Substitutions

0.00

Liquidations

0.00

Insurance Principal

0.00

Other Additional Principal

0.00

LESS: Delinquent Principal

(~~130~~124,~~383~~701.9250)

LESS: Realized Losses

~~325~~0.00

PLUS: Recoveries

0.00

PLUS: Substitution Shortfall Principal

0.00

PLUS: Principal Loan Adjustments

0.00

PLUS: Principal Advanced

~~130~~124,~~383~~701.9250

TOTAL PRINCIPAL

13,~~282~~027,~~028~~307.6654

Page 4 of 23

IndyMac Residential Asset Securitization Trust 2004-A5

Collateralized Asset-Backed Bonds

Series 2004-A5

Collection Account Report for July 25, 2006 Distribution

Collection Account Report for April 25, 2007 Distribution

Collection Account Report

PRINCIPAL - WITHDRAWALS

TOTAL

SPACE INTENTIONALLY LEFT BLANK

PRINCIPAL - OTHER ACCOUNTS

TOTAL

SPACE INTENTIONALLY LEFT BLANK

INTEREST - COLLECTIONS

TOTAL

Scheduled Interest

~~642~~563,~~641~~914.7895

Repurchases/Substitutions

0.00

Liquidations

0.00

Insurance Interest

0.00

Other Additional Interest

0.00

LESS: Prepayment Interest Shortfalls

(1,~~294~~882.3779)

LESS: Delinquent Interest

(~~505~~454,~~928~~951.8782)

LESS: Interest Realized Losses

0.00

PLUS: Compensating Interest

1,~~294~~882.3779

LESS: Civil Relief Act Shorfalls

0.00

PLUS: Substiution Shortfall Interest

0.00

PLUS: Interest Loan Adjustments

0.00

LESS: Excess, Special Hazard, Fraud, & Bankruptcy Interest Losses

0.00

Interest Advanced

~~480~~432,~~922~~505.9844

TOTAL INTEREST

~~617~~541,~~635~~468.8957

Page 5 of 23

IndyMac Residential Asset Securitization Trust 2004-A5

Collateralized Asset-Backed Bonds

Series 2004-A5

Collection Account Report for July 25, 2006 Distribution

Collection Account Report for April 25, 2007 Distribution

Collection Account Report

INTEREST - WITHDRAWALS

TOTAL

SPACE INTENTIONALLY LEFT BLANK

INTEREST - OTHER ACCOUNTS

TOTAL

Prepayment Penalties

0.00

TOTAL INTEREST OTHER ACCOUNTS

0.00

INTEREST - FEES

TOTAL

Current Servicing Fees

65,~~815~~389.2779

California Tax

0.00

Trustee Fees

~~1,113~~979.8620

TOTAL INTEREST FEES

76,~~929~~368.1399

Page 6 of 23

IndyMac Residential Asset Securitization Trust 2004-A5

Collateralized Asset-Backed Bonds

Series 2004-A5

Credit Enhancement Report for July 25, 2006 Distribution

Credit Enhancement Report for April 25, 2007 Distribution

Credit Enhancement Report

ACCOUNTS

TOTAL

SPACE INTENTIONALLY LEFT BLANK

INSURANCE

TOTAL

SPACE INTENTIONALLY LEFT BLANK

STRUCTURAL FEATURES

TOTAL

SPACE INTENTIONALLY LEFT BLANK

Page 7 of 23

IndyMac Residential Asset Securitization Trust 2004-A5

Collateralized Asset-Backed Bonds

Series 2004-A5

Collateral Report for July 25, 2006 Distribution

Collateral Report for April 25, 2007 Distribution

Collateral Report

COLLATERAL

TOTAL

Loan Count:

Original

991

Prior

~~680~~606

Prefunding

Scheduled Paid Offs

Full Voluntary Prepayments

(612)

Repurchases

Liquidations

Current

~~674~~594

Principal Balance:

Original

202,138,590.15

Prior

~~133~~117,~~663~~504,~~545~~496.1571

Prefunding

Scheduled Principal

(~~164~~150,~~328~~781.9244)

Partial and Full Voluntary Prepayments

(12,~~117~~876,~~374~~526.7410)

Repurchases

Liquidations

Current

~~132~~114,~~381~~477,~~841~~189.4917

PREFUNDING

TOTAL

SPACE INTENTIONALLY LEFT BLANK

Current Prin Balance by Groups (in millions of dollars)

Total Current Principal Balance (in millions of dollars)

Page 8 of 23

IndyMac Residential Asset Securitization Trust 2004-A5

Collateralized Asset-Backed Bonds

Series 2004-A5

Collateral Report for July 25, 2006 Distribution

Collateral Report for April 25, 2007 Distribution

Collateral Report

CHARACTERISTICS

TOTAL

Weighted Average Coupon Original

5.776550%

Weighted Average Coupon Prior

5.~~768571~~761077%

Weighted Average Coupon Current

5.~~769487~~758911%

Weighted Average Months to Maturity Original

357

Weighted Average Months to Maturity Prior

~~331~~321

Weighted Average Months to Maturity Current

~~330~~320

Weighted Avg Remaining Amortization Term Original

356

Weighted Avg Remaining Amortization Term Prior

~~331~~321

Weighted Avg Remaining Amortization Term Current

~~330~~320

Weighted Average Seasoning Original

2.54

Weighted Average Seasoning Prior

2534.62

Weighted Average Seasoning Current

2635.62

Note: Original information refers to deal issue.

WAC by Groups

Total WAC

WARAT by Groups

Total WARAT

Note: Dates correspond to distribution dates.

Page 9 of 23

IndyMac Residential Asset Securitization Trust 2004-A5

Collateralized Asset-Backed Bonds

Series 2004-A5

Collateral Report for July 25, 2006 Distribution

Collateral Report for April 25, 2007 Distribution

Collateral Report

ARM CHARACTERISTICS

TOTAL

Weighted Average Margin Original

0.000%

Weighted Average Margin Prior

0.000%

Weighted Average Margin Current

0.000%

Weighted Average Max Rate Original

0.000%

Weighted Average Max Rate Prior

0.000%

Weighted Average Max Rate Current

0.000%

Weighted Average Min Rate Original

0.000%

Weighted Average Min Rate Prior

0.000%

Weighted Average Min Rate Current

0.000%

Weighted Average Cap Up Original

0.000%

Weighted Average Cap Up Prior

0.000%

Weighted Average Cap Up Current

0.000%

Weighted Average Cap Down Original

0.000%

Weighted Average Cap Down Prior

0.000%

Weighted Average Cap Down Current

0.000%

Note: Original information refers to deal issue.

SERVICING FEES / ADVANCES

TOTAL

Current Servicing Fees

65,~~815~~389.2779

Delinquent Servicing Fees

2522,~~005~~446.8938

TOTAL SERVICING FEES

3127,~~821~~836.1617

Total Servicing Fees

3127,~~821~~836.1617

Compensating Interest

(1,~~294~~882.3779)

Delinquent Servicing Fees

(2522,~~005~~446.8938)

COLLECTED SERVICING FEES

53,~~520~~507.9000

Total Advanced Principal For Current Payment Date

~~130~~124,~~383~~701.9250

Total Advanced Interest For Current Payment Date

~~480~~432,~~922~~505.9844

TOTAL ADVANCES FOR CURRENT PERIOD

~~611~~557,~~306~~206.9094

ADDITIONAL COLLATERAL INFORMATION

TOTAL

Prepayment Interest Shortfall (PPIS)

1,~~294~~882.3779

Compensating Interest

(1,~~294~~882.3779)

Net Prepayment Interest Shortfall (Net PPIS)

0.00

Weighted Average Net Mortgage Rate

5.~~473805~~464638%

Page 10 of 23

IndyMac Residential Asset Securitization Trust 2004-A5

Collateralized Asset-Backed Bonds

Series 2004-A5

Delinquency Report for July 25, 2006 Distribution

Delinquency Report for April 25, 2007 Distribution

Delinquency Report - Total

<1 PAYMENT

1 PAYMENT

2 PAYMENTS

3+ PAYMENTS

TOTAL

DELINQUENT

Balance

9990,~~829~~084,~~544~~895.5731

32,~~082~~444,~~757~~701.6954

~~475~~779,~~785~~264.5765

~~474~~245,~~958~~070.8101

43,~~033~~469,~~502~~036.0720

% Balance

7578.4169%

2.3314%

0.3668%

0.3621%

3.0503%

# Loans

~~507~~460

1715

2221

% # Loans

7577.2244%

2.5253%

0.3067%

0.4534%

3.2654%

FORECLOSURE

Balance

~~403~~958,~~564~~120.1200

% Balance

0.00%

0.3084%

# Loans

% # Loans

0.00%

0.3067%

BANKRUPTCY

Balance

~~326~~323,~~801~~223.5524

~~275,969.71~~-

~~602~~323,~~771~~223.2624

% Balance

0.2528%

0.2100%

0.00%

0.4628%

# Loans

% # Loans

0.3034%

0.1500%

0.00%

0.4534%

REO

Balance

~~311,640.85~~-

% Balance

0.00%

0.2400%

# Loans

% # Loans

0.00%

0.1500%

TOTAL

Balance

~~326~~323,~~801~~223.5524

32,~~358~~444,~~727~~701.4054

~~475~~779,~~785~~264.5765

1,~~190~~203,~~163~~190.7801

54,~~351~~750,~~478~~379.3044

% Balance

0.2528%

2.5414%

0.3668%

01.9005%

4.0415%

# Loans

1815

2827

% # Loans

0.3034%

2.6753%

0.3067%

01.8901%

4.1555%

Note: <1 Payment = 1-30days, 1 Payment = 31-60days, 2 Payments = 61-90days, 3+ Payments = 91+

6 Months Moving Average

1 or 2 Payments Delinquent

3 or More Payments Delinquent

Total Foreclosure

Total Bankruptcy and REO

Note: Dates correspond to distribution dates.

Page 11 of 23

IndyMac Residential Asset Securitization Trust 2004-A5

Collateralized Asset-Backed Bonds

Series 2004-A5

REO Report for July 25, 2006 Distribution

REO Report for April 25, 2007 Distribution

REO Report - Mortgage Loans that Become REO During Current Distribution

SUMMARY

LOAN GROUP

Total Loan Count = 0

Loan Group 1 = Fixed; REO Book Value = ~~Not Available~~000.00

Total Original Principal Balance = 000.00

Total Current Balance = 000.00

REO Book Value = Not Available

REO Book Value = 000.00

REO Book Value reported corresponds to total REO loans, including loans that become REO during current distribution.

Loan Number

Original

Stated

Current

State &

Principal

Paid to

Note

LTV at

Original

Origination

Loan Group

Balance

Date

Rate

Origination

Term

Date

SPACE INTENTIONALLY LEFT BLANK

Page 12 of 23

IndyMac Residential Asset Securitization Trust 2004-A5

Collateralized Asset-Backed Bonds

Series 2004-A5

Prepayment Report for July 25, 2006 Distribution

Prepayment Report for April 25, 2007 Distribution

Prepayment Report - Voluntary Prepayments

VOLUNTARY PREPAYMENTS

TOTAL

Current

Number of Paid in Full Loans

612

Number of Repurchased Loans

Total Number of Loans Prepaid in Full

612

Paid in Full Balance

12,~~102~~866,~~353~~367.8895

Repurchased Loans Balance

Curtailments Amount

1510,~~020~~158.8615

Total Prepayment Amount

12,~~117~~876,~~374~~526.7410

Cumulative

Number of Paid in Full Loans

~~315~~394

Number of Repurchased Loans

Total Number of Loans Prepaid in Full

~~316~~395

Paid in Full Balance

6480,~~054~~096,~~245~~238.4183

Repurchased Loans Balance

157,007.81

Curtailments Amount

~~695~~832,~~186~~734.1659

Total Prepayment Amount

6481,~~906~~085,~~439~~981.3823

SPACE INTENTIONALLY LEFT BLANK

Total Prepayments by Groups (in thousands of dollars)

Total Prepayments (in thousands of dollars)

Page 13 of 23

IndyMac Residential Asset Securitization Trust 2004-A5

Collateralized Asset-Backed Bonds

Series 2004-A5

Prepayment Report for July 25, 2006 Distribution

Prepayment Report for April 25, 2007 Distribution

Prepayment Report - Voluntary Prepayments

VOLUNTARY PREPAYMENT RATES

TOTAL

SMM

02.8445%

3 Months Avg SMM

1.2589%

12 Months Avg SMM

1.7340%

Avg SMM Since Cut-off

1.5653%

CPR

925.5976%

3 Months Avg CPR

1420.0544%

12 Months Avg CPR

1815.8558%

Avg CPR Since Cut-off

1716.2494%

PSA

~~180~~429.2326%

3 Months Avg PSA Approximation

~~274~~340.3166%

12 Months Avg PSA Approximation

~~446~~272.7084%

Avg PSA Since Cut-off Approximation

~~591~~456.6295%

CPR by Groups

Total CPR

PSA by Groups

Total PSA

Page 14 of 23

IndyMac Residential Asset Securitization Trust 2004-A5

Collateralized Asset-Backed Bonds

Series 2004-A5

Prepayment Report for July 25, 2006 Distribution

Prepayment Report for April 25, 2007 Distribution

Prepayment Report - Voluntary Prepayments

CPR Avg since Cut-Off by Groups

Total CPR Avg since Cut-Off

PSA Avg since Cut-Off by Groups

Total PSA Avg since Cut-Off

PREPAYMENT CALCULATION METHODOLOGY

Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases)/(Beg Principal Balance - Sched Principal)

Conditional Prepayment Rate (CPR): 1-((1-SMM)^12)

PSA Standard Prepayment Model: CPR/(0.02*min(30,WAS))

PSA Standard Prepayment Model: CPR/(0.002*min(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)

Average SMM over period between nth month and mth month (AvgSMMn,m): 1-[(1-SMMn) * (1-SMMn+1) *…….*(1-SMMm)]^(1/months in period n,m)

Average CPR over period between the nth month and mth month (AvgCPRn,m): 1-((1-AvgSMMn,m)^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)

Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments and repurchases.

Dates correspond to distribution dates.

Page 15 of 23

IndyMac Residential Asset Securitization Trust 2004-A5

Collateralized Asset-Backed Bonds

Series 2004-A5

Prepayment Detail Report for July 25, 2006 Distribution

Prepayment Detail Report for April 25, 2007 Distribution

Prepayment Detail Report - Loans Prepaid in Full During Current Distribution

SUMMARY

LOAN GROUP

Total Loan Count = 6

Loan Group 1 = Fixed

Total Loan Count = 12

Loan Group 1 = Fixed

Total Original Principal Balance = 1,136,500.00

Total Original Principal Balance = 2,986,590.00

Total Prepayment Amount = 1,102,353.88

Total Prepayment Amount = 2,866,367.95

Loan Number

Original

Current

State &

Type Prepayment

Loan

Principal

Prepayment

Note

LTV at

Origination

Loan Group

Status

Balance

Amount

Date

Rate

Origination

Original Term

Date

3498354 1

175,500.00

170,439.38

Jun-21-06

5.750%

NV - 90.00%

Paid Off - 360

Apr-09-04

3159345 1

285,000.00

273,245.15

Mar-29-07

5.875%

MA - 75.00%

Paid Off - 360

Jan-09-04

3528853 1

205,000.00

199,343.66

Jul-05-06

6.000%

CA - 44.09%

Paid Off - 360

May-04-04

3540828 1

261,250.00

250,955.76

Mar-19-07

6.000%

NE - 95.00%

Paid Off - 360

Apr-12-04

3602504 1

48,000.00

45,187.71

Jun-27-06

6.000%

FL - 70.59%

Paid Off - 240

Apr-23-04

3619697 1

300,000.00

287,684.05

Mar-29-07

5.375%

FL - 80.00%

Paid Off - 360

May-20-04

3640437 1

363,000.00

353,183.17

Jun-22-06

5.875%

CA - 38.21%

Paid Off - 360

Apr-21-04

3620295 1

230,000.00

220,760.65

Mar-26-07

5.500%

CA - 65.71%

Paid Off - 360

Apr-28-04

3675127 1

168,000.00

162,190.56

Jun-22-06

5.750%

FL - 80.00%

Paid Off - 360

May-19-04

3622567 1

175,000.00

164,792.19

Mar-20-07

5.750%

CA - 72.61%

Paid Off - 360

Apr-09-04

3783932 1

177,000.00

172,009.40

Jun-20-06

5.875%

RI - 63.21%

Paid Off - 360

Mar-12-04

3634008 1

333,700.00

320,863.08

Mar-23-07

5.750%

CA - 78.52%

Paid Off - 360

May-04-04

Page 16 of 23

3655140 1

295,000.00

284,016.81

Mar-29-07

5.750%

NJ - 54.13%

Paid Off - 360

Jun-02-04

3670262 1

310,000.00

298,246.39

Apr-05-07

5.875%

NY - 47.69%

Paid Off - 360

Apr-23-04

3677900 1

343,000.00

329,821.17

Apr-04-07

6.000%

NJ - 84.69%

Paid Off - 360

May-19-04

3679270 1

113,240.00

108,789.19

Mar-28-07

5.625%

OK - 53.16%

Paid Off - 360

May-19-04

3686598 1

130,000.00

124,888.08

Mar-20-07

5.875%

CA - 59.09%

Paid Off - 360

Apr-16-04

3786021 1

210,400.00

202,305.43

Mar-29-07

6.000%

MN - 79.40%

Paid Off - 360

Mar-24-04

Page 16 of 23

IndyMac Residential Asset Securitization Trust 2004-A5

Collateralized Asset-Backed Bonds

Series 2004-A5

Realized Loss Report for July 25, 2006 Distribution

Realized Loss Report for April 25, 2007 Distribution

Realized Loss Report - Collateral

COLLATERAL REALIZED LOSSES

TOTAL

Current

Number of Loans Liquidated

Collateral Realized Loss/(Gain) Amount

~~(325.00)~~-

Net Liquidation Proceeds

~~325.00~~-

Cumulative

Number of Loans Liquidated

Collateral Realized Loss/(Gain) Amount

6897,~~794~~535.3716

Net Liquidation Proceeds

61343,~~281~~801.6875

Note: Collateral Realized Loss Amount may include adjustments to loans liquidated in prior periods.

Current Realized Losses

~~(325~~0.00)

Supplemental Losses On Prior Liquidated Loans (LESS Recoveries)

0.00

Current Net Realized Losses (LESS Recoveries)

~~(325~~0.00)

Prior Cumulative Realized Loss

0.00

Current Net Realized Losses (LESS Recoveries)

~~(325~~0.00)

Current Cumulative Realized Loss

~~(325~~0.00)

Current Special Hazard Loss Coverage Amount

1,~~336~~217,~~635~~033.4520

Current Fraud Loss Coverage Amount

21,~~021~~144,~~385~~771.0089

Current Bankruptcy Loss Coverage Amount

100,000.00

Class B-1 Write Down Amount

0.00

Class B-2 Write Down Amount

0.00

Class B-3 Write Down Amount

0.00

Class B-4 Write Down Amount

0.00

Class B-5 Write Down Amount

0.00

Class B-6 Write Down Amount

0.00

3 Months Moving Average

Collateral Loss Severity Approximation by Groups

Collateral Loss Severity Approximation

Page 17 of 23

IndyMac Residential Asset Securitization Trust 2004-A5

Collateralized Asset-Backed Bonds

Series 2004-A5

Realized Loss Report for July 25, 2006 Distribution

Realized Loss Report for April 25, 2007 Distribution

Realized Loss Report - Collateral

DEFAULT SPEEDS

TOTAL

MDR

0.00%

3 Months Avg MDR

0.00%

12 Months Avg MDR

0.0102%

Avg MDR Since Cut-off

0.0001%

CDR

0.00%

3 Months Avg CDR

0.00%

12 Months Avg CDR

0.0924%

Avg CDR Since Cut-off

0.0412%

SDA

0.00%

3 Months Avg SDA Approximation

0.00%

12 Months Avg SDA Approximation

0.2140%

Avg SDA Since Cut-off Approximation

0.1531%

Loss Severity Approximation for Current Period

3 Months Avg Loss Severity Approximation

12 Months Avg Loss Severity Approximation

Avg Loss Severity Approximation Since Cut-off

CDR by Groups

Total CDR

SDA by Groups

Total SDA

Page 18 of 23

IndyMac Residential Asset Securitization Trust 2004-A5

Collateralized Asset-Backed Bonds

Series 2004-A5

Realized Loss Report for July 25, 2006 Distribution

Realized Loss Report for April 25, 2007 Distribution

Realized Loss Report - Collateral

CDR Avg since Cut-Off by Groups

Total CDR Avg since Cut-Off

SDA Avg since Cut-Off by Groups

Total SDA Avg since Cut-Off

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 23

IndyMac Residential Asset Securitization Trust 2004-A5

Collateralized Asset-Backed Bonds

Series 2004-A5

Realized Loss Detail Report for July 25, 2006 Distribution

Realized Loss Detail Report for April 25, 2007 Distribution

Realized Loss Detail Report - Loans Liquidated During Current Distribution

SUMMARY

LOAN GROUP

Total Loan Count Current Losses = 0

Total Loan Count Revisions = 1

Loan Group 1 = Fixed

Total Loan Count Revisions = 0

Loan Group 1 = Fixed

Total Prior Principal Balance = 0.00

Total Current Realized Loss Amount = 0.00

Total Revisions Amount = -325.00

Total Revisions Amount = 0.00

Total Realized Loss Amount = -325.00

Total Realized Loss Amount = 0.00

Total Net Liquidation Proceeds = 325.00

Total Net Liquidation Proceeds = 0.00

Note: Total Realized Loss Amount may include adjustments to loans liquidated in prior periods.

Loan Number

Current

State &

Prior

Realized

Cumulative

Loan

Note

LTV at

Original

Principal

Loss/(Gain)

Realized

Loan Group

Status

Rate

Origination

Term

Balance

Revisions

Loss/(Gain)

3517687 1

MI - 95.00%

360

Revision

(325.00)

SPACE INTENTIONALLY LEFT BLANK

Page 20 of 23

IndyMac Residential Asset Securitization Trust 2004-A5

Collateralized Asset-Backed Bonds

Series 2004-A5

Triggers, Adj. Rate Cert. and Miscellaneous Report for July 25, 2006 Distribution

Triggers, Adj. Rate Cert. and Miscellaneous Report for April 25, 2007 Distribution

Triggers, Adj. Rate Cert. and Miscellaneous Report

TRIGGER EVENTS

TOTAL

Has the Optional Termination Date been reached?

Have the Sr. Prepay Step Down Cond been satisfied?

Has the Sr. Credit Supp. Depletion Date been reached?

Have all prepayment penalties expired?

Has the Spec. Haz. Coverage Term Date been reached?

Has the Fraud LossCoverage Term. Date been reached?

~~Yes~~No

Has the Bank LossCoverage Term. Date been reached?

ADJUSTABLE RATE CERTIFICATE INFORMATION

TOTAL

SPACE INTENTIONALLY LEFT BLANK

ADDITIONAL INFORMATION

TOTAL

Current Senior Percentage

9392.~~430791~~513187%

Next Senior Percentage

9392.~~273928~~324281%

Current Subordinate Percentage

67.~~569209~~486813%

Next Subordinate Percentage

67.~~726072~~675719%

Current Senior Prepayment Percentage

100.000000%

Next Projected Senior Prepayment Percentage

100.000000%

Current Subordinated Prepayment Percentage

0.000000%

Next Projected Subordinated Prepayment Percentage

0.000000%

Page 21 of 23

IndyMac Residential Asset Securitization Trust 2004-A5

Collateralized Asset-Backed Bonds

Series 2004-A5

Other Related Information for July 25, 2006 Distribution

Other Related Information for April 25, 2007 Distribution

Other Related Information

ADDITIONAL INFORMATION

TOTAL

Next Projected pass through rate for Class A-1

5.500000%

Next Projected pass through rate for Class A-X

0.~~110096~~108601%

Next Projected pass through rate for Class B-1

5.500000%

Next Projected pass through rate for Class B-2

5.500000%

Next Projected pass through rate for Class B-3

5.500000%

Next Projected pass through rate for Class B-4

5.500000%

Next Projected pass through rate for Class B-5

5.500000%

Next Projected pass through rate for Class B-6

5.500000%

Scheduled Principal

1 Month Prior

0.00

2 Months Prior

0.00

3 Months Prior

0.00

4 Months Prior

0.00

5 Months Prior

0.00

6 Months Prior

0.00

7 Months Prior

0.00

8 Months Prior

0.00

9 Months Prior

0.00

10 Months Prior

0.00

11 Months Prior

0.00

12 Months Prior

0.00

Scheduled Principal on 60+ Day Delinquent Loans

1 Month Prior

0.00

2 Months Prior

0.00

3 Months Prior

0.00

4 Months Prior

0.00

5 Months Prior

0.00

6 Months Prior

0.00

7 Months Prior

0.00

8 Months Prior

0.00

9 Months Prior

0.00

10 Months Prior

0.00

11 Months Prior

0.00

Page 22 of 23

IndyMac Residential Asset Securitization Trust 2004-A5

Collateralized Asset-Backed Bonds

Series 2004-A5

Additional Certificate Report for July 25, 2006 Distribution

Additional Certificate Report for April 25, 2007 Distribution

Additional Certificate Report

CLASS

Net PPIS & Relief Act Shortfall Allocation

Unpaid Interest Amount Due

Unpaid Interest Paid

Remaining Unpaid Interest Amount

A-1

0.00

A-X

0.00

A-R

0.00

B-1

0.00

B-2

0.00

B-3

0.00

B-4

0.00

B-5

0.00

B-6

0.00

Page 23 of 23

Filing Compare · IndyMac RAST 2004-R2