

                           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):  December 26, 2003


                                  INDYMAC MBS, INC.
           as Depositor, IndyMac Bank, F.S.B. as Seller and as Master Servicer,
              and Deutsche Bank National Trust Company, as trustee
              under the Pooling and Servicing Agreement, dated as of
           January 1, 2003, providing for the issuance of IndyMac MBS, Inc.
           Residential Asset-Securitization Trust Series 2003-A1 Mortgage
           Pass-Through Certificates Series 2003-A.


              INDYMAC MBS INC RESIDENTIAL ASSET-SECURIT TRUST 2003-A1
                 (Exact name of Registrant as specified in its Charter)


                                        DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-86514-02                         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


     Item 5.  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 7.  Financial Statement and Exhibits

     Exhibits:  (as noted in Item 5 above)

     Monthly Remittance Statement to the Certificateholders dated as of
     December 26, 2003.



                                     SIGNATURE


               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,
                                  not in its individual capacity, but solely
                                  aas a duly authorized agent of the Registrant
                                  pursuant to the Pooling and Servicing
                                  Agreement, dated as of January 1, 2003.


          Date:  Jan 02, 2004               By:  /s/  Katherine M. Wannenmacher
                                            Katherine M. Wannenmacher
                                            Vice President



                                   EXHIBIT INDEX

          DOCUMENT

          Monthly Remittance Statement to the Certificateholders
          dated as of December 26, 2003.


	IndyMac Residential Asset Securitization Trust 2003-A1
	Mortgage Pass-Through Certificates


	December 26, 2003 Distribution


	Contents



			TABLE OF CONTENTS

								Page

			1.	Contents				1
			2.	Certificate Payment Report				2
			3.	Collection Account Report				4
			4.	Credit Enhancement Report				7
			5.	Collateral Report				8
			6.	Delinquency Report				11
			7.	REO Report				12
			8.	Prepayment Report				13
			9.	Prepayment Detail Report				16
			10.	Realized Loss Report				17
			11.	Realized Loss Detail Report				20
			12.	Triggers, Adj. Rate Cert. and Miscellaneous Report				21





				Total Number of Pages				21



			CONTACTS

				Administrator: James Noriega
				Direct Phone Number: (714)247-6281
				Address: Deutsche Bank
				1761 E. St. Andrew Place, Santa Ana, CA 92705

				Web Site: https://www.corporatetrust.db.com/invr
				Factor Information: (800) 735-7777
				Main Phone Number: (714) 247-6000



ISSUANCE INFORMATION

	Seller:		IndyMac Bank					Cut-Off Date: January 1, 2003
	Certificate Insurer(s):							Closing Date: January 30, 2003
								First Payment Date: February 25, 2003
	Servicer(s):		IndyMac Bank


								Distribution Date: December 26, 2003
	Underwriter(s):		Countrywide Securities					Record Date: November 28, 2003







						Page 1 of 21					© COPYRIGHT 2003 Deutsche Bank
	IndyMac Residential Asset Securitization Trust 2003-A1
	Mortgage Pass-Through Certificates
	Series 2003-A1
	Certificate Payment Report for December 26, 2003 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	SNR	143,148,000.00			125,001,400.99	442,671.82	1,743,770.27	2,186,442.09	-	-	123,257,630.72
A-2	SNR	95,432,000.00			83,334,267.33	112,403.92	1,162,513.52	1,274,917.44	-	-	82,171,753.81
A-3	SNR/IO	-			-	443,105.81	-	443,105.81	-	-	-
A-4	SNR	8,000,000.00			8,000,000.00	38,329.74	-	38,329.74	-	-	8,000,000.00
A-5	SNR	25,000,000.00			7,806,657.12	37,403.40	433,956.13	471,359.53	-	-	7,372,700.99
A-6	SNR	1,500,000.00			1,500,000.00	7,186.83	-	7,186.83	-	-	1,500,000.00
A-7	SNR	1,921,913.00			1,921,913.00	9,208.31	-	9,208.31	-	-	1,921,913.00
A-8	SNR	75,000,000.00			29,630,051.93	63,914.67	1,145,127.36	1,209,042.03	-	-	28,484,924.57
A-9	SNR	15,526,000.00			1,717,754.93	23,097.30	348,517.02	371,614.32	-	-	1,369,237.91
A-10	SNR	7,300,087.00			7,300,087.00	98,158.50	-	98,158.50	-	-	7,300,087.00
A-11	SNR	5,000,000.00			5,000,000.00	24,997.66	-	24,997.66	-	-	5,000,000.00
A-12	SNR	5,000,000.00			5,000,000.00	22,914.52	-	22,914.52	-	-	5,000,000.00
PO	SNR/PO	65,954.00			56,841.95	-	72.67	72.67	-	-	56,769.28
A-X	SNR/IO	-			-	111,793.16	-	111,793.16	-	-	-
A-R	SNR/RES	100.00			-	-	-	-	-	-	-
B-1	SUB	10,023,000.00			9,660,563.16	46,285.86	9,502.48	55,788.34	-	-	9,651,060.68
B-2	SUB	3,208,000.00			3,091,997.07	14,814.43	3,041.40	17,855.83	-	-	3,088,955.67
B-3	SUB	1,804,000.00			1,738,766.44	8,330.81	1,710.31	10,041.12	-	-	1,737,056.13
B-4	SUB	1,002,000.00			965,767.16	4,627.20	949.96	5,577.16	-	-	964,817.20
B-5	SUB	602,000.00			580,231.37	2,780.02	570.74	3,350.76	-	-	579,660.63
B-6	SUB	1,403,483.00			1,352,732.42	6,481.23	1,330.60	7,811.83	-	-	1,351,401.82
P		100.00			100.00	14,263.84	-	14,263.84	-	-	100.00
Total		400,936,637.00			293,659,131.87	1,532,769.02	4,851,062.46	6,383,831.48	-	-	288,808,069.41


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

A-1				F-30/360	45660NMJ1	143,148,000.00	873.231907	3.092407	12.181590	15.273997	861.050317
A-2				A-30/360	45660NMK8	95,432,000.00	873.231907	1.177843	12.181590	13.359433	861.050317
A-3				A-30/360	45660NML6	95,432,000.00	873.231907	4.643158	-	4.643158	861.050317
A-4				F-30/360	45660NMM4	8,000,000.00	1,000.000000	4.791217	-	4.791217	1,000.000000
A-5				F-30/360	45660NMN2	25,000,000.00	312.266285	1.496136	17.358245	18.854381	294.908040
A-6				F-30/360	45660NMP7	1,500,000.00	1,000.000000	4.791218	-	4.791218	1,000.000000
A-7				F-30/360	45660NMQ5	1,921,913.00	1,000.000000	4.791220	-	4.791220	1,000.000000
A-8				A-30/360	45660NMR3	75,000,000.00	395.067359	0.852196	15.268365	16.120560	379.798994
A-9				A-30/360	45660NMS1	15,526,000.00	110.637314	1.487653	22.447315	23.934968	88.189998
A-10				A-30/360	45660NMT9	7,300,087.00	1,000.000000	13.446210	-	13.446210	1,000.000000
A-11				F-30/360	45660NMU6	5,000,000.00	1,000.000000	4.999532	-	4.999532	1,000.000000
A-12				F-30/360	45660NMV4	5,000,000.00	1,000.000000	4.582905	-	4.582905	1,000.000000
PO				-30/360	45660NMW2	65,954.00	861.842345	-	1.101829	1.101829	860.740516
A-X				A-30/360	45660NMY8	357,371,634.00	716.929666	0.312820	-	0.312820	703.479166
A-R				-30/360	45660NMX0	100.00	-	-	-	-	-
B-1				F-30/360	45660NMZ5	10,023,000.00	963.839485	4.617965	0.948067	5.566032	962.891418
B-2				F-30/360	45660NNA9	3,208,000.00	963.839484	4.617965	0.948067	5.566032	962.891417
B-3				F-30/360	45660NNB7	1,804,000.00	963.839489	4.617965	0.948065	5.566031	962.891424
B-4				F-30/360	45660NNC5	1,002,000.00	963.839486	4.617960	0.948064	5.566024	962.891422
B-5				F-30/360	45660NND3	602,000.00	963.839490	4.617973	0.948073	5.566046	962.891417
B-6				F-30/360	45660NNE1	1,403,483.00	963.839545	4.617963	0.948070	5.566033	962.891475
P				-	45660NNF8	100.00	1,000.000000	142,638.400000	-	142,638.400000	1,000.000000



							Page 2 of 21				© COPYRIGHT 2003 Deutsche Bank
	IndyMac Residential Asset Securitization Trust 2003-A1
	Mortgage Pass-Through Certificates
	Series 2003-A1
	Certificate Payment Report for December 26, 2003 Distribution


	Distribution in Dollars - to Date
											Current
	Original				Unscheduled	Scheduled	Total	Total	Realized	Deferred	Principal
Class	Face Value		Interest		Principal	Principal	Principal	Distribution	Losses	Interest	Balance
	(1)		(2)		(3)	(4)	(5)=(3)+(4)	(6)=(2)+(5)	(7)	(8)	(9)=(1)-(5)-(7)+(8)

A-1	143,148,000.00		5,232,863.71		-	19,890,369.28	19,890,369.28	25,123,232.99	-	-	123,257,630.72
A-2	95,432,000.00		1,402,332.88		-	13,260,246.19	13,260,246.19	14,662,579.07	-	-	82,171,753.81
A-3	-		5,164,398.05		-	-	-	5,164,398.05	-	-	-
A-4	8,000,000.00		421,639.08		-	-	-	421,639.08	-	-	8,000,000.00
A-5	25,000,000.00		984,256.89		-	17,627,299.01	17,627,299.01	18,611,555.90	-	-	7,372,700.99
A-6	1,500,000.00		79,057.33		-	-	-	79,057.33	-	-	1,500,000.00
A-7	1,921,913.00		101,294.25		-	-	-	101,294.25	-	-	1,921,913.00
A-8	75,000,000.00		1,442,268.97		-	46,515,075.43	46,515,075.43	47,957,344.40	-	-	28,484,924.57
A-9	15,526,000.00		1,505,214.86		-	14,156,762.09	14,156,762.09	15,661,976.95	-	-	1,369,237.91
A-10	7,300,087.00		1,061,010.81		-	-	-	1,061,010.81	-	-	7,300,087.00
A-11	5,000,000.00		274,982.03		-	-	-	274,982.03	-	-	5,000,000.00
A-12	5,000,000.00		252,066.90		-	-	-	252,066.90	-	-	5,000,000.00
PO	65,954.00		-		-	9,184.72	9,184.72	9,184.72	-	-	56,769.28
A-X	-		1,598,209.84		-	-	-	1,598,209.84	-	-	-
A-R	100.00		0.46		-	100.00	100.00	100.46	-	-	-
B-1	10,023,000.00		520,716.01		-	371,939.32	371,939.32	892,655.32	-	-	9,651,060.68
B-2	3,208,000.00		166,662.37		-	119,044.33	119,044.33	285,706.70	-	-	3,088,955.67
B-3	1,804,000.00		93,721.61		-	66,943.87	66,943.87	160,665.48	-	-	1,737,056.13
B-4	1,002,000.00		52,055.99		-	37,182.80	37,182.80	89,238.79	-	-	964,817.20
B-5	602,000.00		31,275.16		-	22,339.37	22,339.37	53,614.52	-	-	579,660.63
B-6	1,403,483.00		72,913.91		-	52,081.18	52,081.18	124,995.09	-	-	1,351,401.82
P	100.00		65,344.65		-	-	-	65,344.65	-	-	100.00
Total	400,936,637.00		20,522,285.77		-	112,128,567.59	112,128,567.59	132,650,853.36	-	-	288,808,069.41


	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	Interest	Interest
					(1)	(2)	(3)	(4)	(5)=(1)-(2)+(3)+(4)	(6)	(7)=(5)-(6)

A-1	4.25000%	125,001,400.99			442,713.30	41.48	-	-	442,671.82	442,671.82	-
A-2	1.61875%	83,334,267.33			112,414.45	10.53	-	-	112,403.92	112,403.92	-
A-3	6.38125%	83,334,267.33			443,147.33	41.52	-	-	443,105.81	443,105.81	-
A-4	5.75000%	8,000,000.00			38,333.33	3.59	-	-	38,329.74	38,329.74	-
A-5	5.75000%	7,806,657.12			37,406.90	3.50	-	-	37,403.40	37,403.40	-
A-6	5.75000%	1,500,000.00			7,187.50	0.67	-	-	7,186.83	7,186.83	-
A-7	5.75000%	1,921,913.00			9,209.17	0.86	-	-	9,208.31	9,208.31	-
A-8	2.58875%	29,630,051.93			63,920.66	5.99	-	-	63,914.67	63,914.67	-
A-9	########	1,717,754.93			23,099.46	2.16	-	-	23,097.30	23,097.30	-
A-10	########	7,300,087.00			98,167.70	9.20	-	-	98,158.50	98,158.50	-
A-11	6.00000%	5,000,000.00			25,000.00	2.34	-	-	24,997.66	24,997.66	-
A-12	5.50000%	5,000,000.00			22,916.67	2.15	-	-	22,914.52	22,914.52	-
PO		56,841.95			-	-	-	-	-	-	-
A-X	0.52365%	256,210,326.03			111,803.63	10.47	-	-	111,793.16	111,793.16	-
A-R		-			-	-	-	-	-	-	-
B-1	5.75000%	9,660,563.16			46,290.20	4.34	-	-	46,285.86	46,285.86	-
B-2	5.75000%	3,091,997.07			14,815.82	1.39	-	-	14,814.43	14,814.43	-
B-3	5.75000%	1,738,766.44			8,331.59	0.78	-	-	8,330.81	8,330.81	-
B-4	5.75000%	965,767.16			4,627.63	0.43	-	-	4,627.20	4,627.20	-
B-5	5.75000%	580,231.37			2,780.28	0.26	-	-	2,780.02	2,780.02	-
B-6	5.75000%	1,352,732.42			6,481.84	0.61	-	-	6,481.23	6,481.23	-
P		100.00			-	-	-	-	-	14,263.84	-
Total		633,203,725.23			1,518,647.46	142.28	-	-	1,518,505.18	1,532,769.02	-


							Page 3 of 21				© COPYRIGHT 2003 Deutsche Bank
	IndyMac Residential Asset Securitization Trust 2003-A1
	Mortgage Pass-Through Certificates

	Collection Account Report for December 26, 2003 Distribution


	Collection Account Report


SUMMARY								TOTAL

	Principal Collections							4,851,062.46
	Principal Withdrawals							0.00
	Principal Other Accounts							0.00
	TOTAL PRINCIPAL							4,851,062.46

	Interest Collections							1,581,519.51
	Interest Withdrawals							(63,014.33)
	Interest Other Accounts							14,263.84
	TOTAL INTEREST							1,532,769.02

	TOTAL AVAILABLE FUNDS TO BONDHOLDERS							6,383,831.48

	Interest Payable to Bondholders							1,532,769.02

	Principal Payment Amount Payable to Bondholders							4,851,062.46


PRINCIPAL - COLLECTIONS								TOTAL

	Scheduled Principal							288,922.03
	Curtailments							232,957.92
	Prepayments in Full							4,329,182.51
	Repurchases/Substitutions							0.00
	Liquidations							0.00
	Insurance Principal							0.00
	Other Additional Principal							0.00
	LESS: Delinquent Principal							(4,570.06)
	LESS: Realized Losses							0.00
	Principal Advanced							4,570.06
	TOTAL PRINCIPAL							4,851,062.46


				Page 4 of 21				© COPYRIGHT 2003 Deutsche Bank
	IndyMac Residential Asset Securitization Trust 2003-A1
	Mortgage Pass-Through Certificates

	Collection Account Report for December 26, 2003 Distribution


	Collection Account Report


PRINCIPAL - WITHDRAWALS								TOTAL
SPACE INTENTIONALLY LEFT BLANK


PRINCIPAL - OTHER ACCOUNTS								TOTAL
SPACE INTENTIONALLY LEFT BLANK


INTEREST - COLLECTIONS								TOTAL

	Scheduled Interest							1,581,661.79
	Repurchases/Substitutions							0.00
	Liquidations							0.00
	Insurance Interest							0.00
	Other Additional Interest							0.00
	Prepayment Interest Shortfalls							(4,413.43)
	Delinquent Interest							(32,657.64)
	Interest Realized Losses							0.00
	Compensating Interest							4,413.43
	Interest Advanced							32,657.64
	Civil Relief Act Shortfalls							(142.28)
	TOTAL INTEREST							1,581,519.51


				Page 5 of 21				© COPYRIGHT 2003 Deutsche Bank
	IndyMac Residential Asset Securitization Trust 2003-A1
	Mortgage Pass-Through Certificates

	Collection Account Report for December 26, 2003 Distribution


	Collection Account Report


INTEREST - WITHDRAWALS								TOTAL
SPACE INTENTIONALLY LEFT BLANK


INTEREST - OTHER ACCOUNTS								TOTAL

	Prepayment Penalties							14,263.84
	TOTAL INTEREST OTHER ACCOUNTS							14,263.84


INTEREST - FEES								TOTAL

	Master Servicing Fees							0.00
	Current Servicing Fees							60,056.09
	Delinquent Servicing Fees							1,122.87
	Trustee Fees							1,835.37
	TOTAL INTEREST FEES							63,014.33


				Page 6 of 21				© COPYRIGHT 2003 Deutsche Bank
	IndyMac Residential Asset Securitization Trust 2003-A1
	Mortgage Pass-Through Certificates

	Credit Enhancement Report for December 26, 2003 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 21				© COPYRIGHT 2003 Deutsche Bank
	IndyMac Residential Asset Securitization Trust 2003-A1
	Mortgage Pass-Through Certificates

	Collateral Report for December 26, 2003 Distribution


	Collateral Report


COLLATERAL								TOTAL
	Loan Count:
	*Original*							1152
	Prior							876
	Prefunding							-
	Scheduled Paid Offs							-
	Full Voluntary Prepayments							(13)
	Repurchases							-
	Liquidations							-
	Current							863

	*Principal Balance:*
	Original							400,936,537.08
	Prior							293,659,031.87
	Prefunding							-
	Scheduled Principal							(288,922.03)
	Partial and Full Voluntary Prepayments							(4,562,140.43)
	Repurchases							-
	Liquidations							-
	Current							288,807,969.41

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 21				© COPYRIGHT 2003 Deutsche Bank
	IndyMac Residential Asset Securitization Trust 2003-A1
	Mortgage Pass-Through Certificates

	Collateral Report for December 26, 2003 Distribution


	Collateral Report


CHARACTERISTICS								TOTAL

	Weighted Average Coupon Original							6.507560%
	Weighted Average Coupon Prior							6.474123%
	Weighted Average Coupon Current							6.463258%
	Weighted Average Months to Maturity Original							358
	Weighted Average Months to Maturity Prior							348
	Weighted Average Months to Maturity Current							346
	Weighted Avg Remaining Amortization Term Original							-
	Weighted Avg Remaining Amortization Term Prior							-
	Weighted Avg Remaining Amortization Term Current							-
	Weighted Average Seasoning Original							1.44
	Weighted Average Seasoning Prior							10.08
	Weighted Average Seasoning Current							11.07

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 21				© COPYRIGHT 2003 Deutsche Bank
	IndyMac Residential Asset Securitization Trust 2003-A1
	Mortgage Pass-Through Certificates

	Collateral Report for December 26, 2003 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 PPIS							4,413.43
	Current Net PPIS							0.00
	Delinquent Servicing Fees							1,122.87
	TOTAL SERVICING FEES							61,178.96
	TOTAL ADVANCES FOR CURRENT PERIOD							36,104.83


ADDITIONAL COLLATERAL INFORMATION								TOTAL

	Net Mortgage Rate							6.205758%


				Page 10 of 21				© COPYRIGHT 2003 Deutsche Bank
	IndyMac Residential Asset Securitization Trust 2003-A1
	Mortgage Pass-Through Certificates

	Delinquency Report for December 26, 2003 Distribution


	Delinquency Report - Total


				<1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT		Balance		-	-	2,920,892.15	883,088.69	3,803,980.84
		% Balance		0.00%	0.00%	1.01%	0.31%	1.32%
		# Loans		-	-	10	3	13
		% # Loans		0.00%	0.00%	1.16%	0.35%	1.51%
FORECLOSURE		Balance		-	-	-	1,581,132.42	1,581,132.42
		% Balance		0.00%	0.00%	0.00%	0.55%	0.55%
		# Loans		-	-	-	4	4
		% # Loans		0.00%	0.00%	0.00%	0.46%	0.46%
BANKRUPTCY		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%
REO		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%

TOTAL		Balance		-	-	2,920,892.15	2,464,221.11	5,385,113.26
		% Balance		0.00%	0.00%	1.01%	0.85%	1.86%
		# Loans		-	-	10	7	17
		% # Loans		0.00%	0.00%	1.16%	0.81%	1.97%
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 21				© COPYRIGHT 2003 Deutsche Bank
	IndyMac Residential Asset Securitization Trust 2003-A1
	Mortgage Pass-Through Certificates

	REO Report for December 26, 2003 Distribution


	REO Report - Mortgage Loans that Become REO During Current Distribution


SUMMARY				LOAN GROUP

Total Loan Count = 0				Loan Group 1 = Group I Group; REO Book Value = 000.00
Total Original Principal Balance = 000.00
Total Current Balance = 000.00
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	Principal	Paid to	Note	LTV at	Original	Origination
Loan Group		Balance	Balance	Date	Rate	Origination	Term	Date
SPACE INTENTIONALLY LEFT BLANK


				Page 12 of 21				© COPYRIGHT 2003 Deutsche Bank
	IndyMac Residential Asset Securitization Trust 2003-A1
	Mortgage Pass-Through Certificates

	Prepayment Report for December 26, 2003 Distribution


	Prepayment Report - Voluntary Prepayments


VOLUNTARY PREPAYMENTS								TOTAL

	*Current*
	Number of Paid in Full Loans							13
	Number of Repurchased Loans							-
	Total Number of Loans Prepaid in Full							13

	Paid in Full Balance							4,329,182.51
	Repurchased Loans Balance							-
	Curtailments Amount							232,957.92
	Total Prepayment Amount							4,562,140.43

	*Cumulative*
	Number of Paid in Full Loans							258
	Number of Repurchased Loans							31
	Total Number of Loans Prepaid in Full							289

	Paid in Full Balance							98,127,956.31
	Repurchased Loans Balance							9,593,757.15
	Curtailments Amount							749,215.79
	Total Prepayment Amount							108,470,929.25

SPACE INTENTIONALLY LEFT BLANK


Total Prepayments by Groups (in thousands of dollars)					Total Prepayments (in thousands of dollars)


				Page 13 of 21				© COPYRIGHT 2003 Deutsche Bank
	IndyMac Residential Asset Securitization Trust 2003-A1
	Mortgage Pass-Through Certificates

	Prepayment Report for December 26, 2003 Distribution


	Prepayment Report - Voluntary Prepayments


VOLUNTARY PREPAYMENT RATES								TOTAL

	SMM							1.56%
	3 Months Avg SMM							3.17%
	12 Months Avg SMM
	Avg SMM Since Cut-off							2.85%

	CPR							17.14%
	3 Months Avg CPR							32.08%
	12 Months Avg CPR
	Avg CPR Since Cut-off							29.30%

	PSA							774.28%
	3 Months Avg PSA Approximation							1590.08%
	12 Months Avg PSA Approximation
	Avg PSA Since Cut-off Approximation							2347.14%







CPR by Groups					Total CPR


PSA by Groups					Total PSA


				Page 14 of 21				© COPYRIGHT 2003 Deutsche Bank
	IndyMac Residential Asset Securitization Trust 2003-A1
	Mortgage Pass-Through Certificates

	Prepayment Report for December 26, 2003 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))
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 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/(0.02*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 21				© COPYRIGHT 2003 Deutsche Bank


	IndyMac Residential Asset Securitization Trust 2003-A1
	Mortgage Pass-Through Certificates

	Prepayment Detail Report for December 26, 2003 Distribution


	Prepayment Detail Report - Loans Prepaid in Full During Current Distribution


SUMMARY						LOAN GROUP

Total Loan Count = 13						Loan Group 1 = Group I Group
Total Original Principal Balance = 4,371,750.00
Total Prepayment Amount = 4,329,182.51


Loan Number			Original			Current	State &	Type Prepayment
&		Loan	Principal	Prepayment	Prepayment	Note	LTV at	&	Origination
Loan Group		Status	Balance	Amount	Date	Rate	Origination	Original Term	Date

1935514 1			1,200,000.00	1,186,837.88	Nov-18-03	6.125%	CA - 68.57%	Paid Off - 360	Dec-20-02
2005392 1			360,000.00	356,753.73	Dec-09-03	6.750%	CA - 78.43%	Paid Off - 360	Dec-09-02
2045815 1			162,000.00	160,499.29	Dec-11-03	6.500%	CA - 83.08%	Paid Off - 360	Dec-11-02
2047578 1			329,600.00	326,894.63	Dec-01-03	7.875%	CA - 80.00%	Paid Off - 360	Nov-21-02
2048986 1			155,000.00	153,533.21	Dec-02-03	6.500%	MA - 64.58%	Paid Off - 360	Dec-16-02
2053195 1			125,500.00	124,291.13	Dec-05-03	7.000%	VA - 46.48%	Paid Off - 360	Nov-22-02
2060951 1			124,000.00	122,302.01	Nov-24-03	6.375%	CO - 57.67%	Paid Off - 360	Dec-17-02
2072920 1			400,000.00	396,551.51	Dec-09-03	6.875%	CA - 80.00%	Paid Off - 360	Dec-12-02
2092046 1			136,000.00	134,769.86	Dec-05-03	6.625%	CA - 68.00%	Paid Off - 360	Dec-16-02
2102971 1			526,400.00	521,917.65	Dec-09-03	6.375%	CA - 80.00%	Paid Off - 360	Jan-07-03
2110062 1			33,500.00	33,211.21	Nov-19-03	6.875%	OH - 54.03%	Paid Off - 360	Dec-13-02
2114905 1		FCL	477,000.00	472,463.42	Nov-17-03	6.875%	FL - 89.92%	Paid Off - 360	Nov-18-02
2138866 1			342,750.00	339,156.98	Nov-25-03	8.375%	NY - 95.00%	Paid Off - 360	Jun-06-02


					Page 16 of 21				© COPYRIGHT 2003 Deutsche Bank
	IndyMac Residential Asset Securitization Trust 2003-A1
	Mortgage Pass-Through Certificates

	Realized Loss Report for December 26, 2003 Distribution


	Realized Loss Report - Collateral


COLLATERAL REALIZED LOSSES								TOTAL

	*Current*
	Number of Loans Liquidated							-
	Collateral Realized Loss/(Gain) Amount							-
	Net Liquidation Proceeds							-

	*Cumulative*
	Number of Loans Liquidated							-
	Collateral Realized Loss/(Gain) Amount							-
	Net Liquidation Proceeds							-

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

SPACE INTENTIONALLY LEFT BLANK


							3 Months Moving Average


Collateral Loss Severity Approximation by Groups					Collateral Loss Severity Approximation


				Page 17 of 21				© COPYRIGHT 2003 Deutsche Bank
	IndyMac Residential Asset Securitization Trust 2003-A1
	Mortgage Pass-Through Certificates

	Realized Loss Report for December 26, 2003 Distribution


	Realized Loss Report - Collateral


DEFAULT SPEEDS								TOTAL

	MDR							0.00%
	3 Months Avg MDR							0.00%
	12 Months Avg MDR
	Avg MDR Since Cut-off							0.00%

	CDR							0.00%
	3 Months Avg CDR							0.00%
	12 Months Avg CDR
	Avg CDR Since Cut-off							0.00%

	SDA							0.00%
	3 Months Avg SDA Approximation							0.00%
	12 Months Avg SDA Approximation
	Avg SDA Since Cut-off Approximation							0.00%

	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 21				© COPYRIGHT 2003 Deutsche Bank
	IndyMac Residential Asset Securitization Trust 2003-A1
	Mortgage Pass-Through Certificates

	Realized Loss Report for December 26, 2003 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 21				© COPYRIGHT 2003 Deutsche Bank


	IndyMac Residential Asset Securitization Trust 2003-A1
	Mortgage Pass-Through Certificates

	Realized Loss Detail Report for December 26, 2003 Distribution


	Realized Loss Detail Report - Loans Liquidated During Current Distribution


SUMMARY						LOAN GROUP

Total Loan Count = 0						Loan Group 1 = Group I Group
Total Original Principal Balance = 0.00
Total Prior Principal Balance = 0.00
Total Realized Loss Amount = 0.00
Total Net Liquidation Proceeds = 0.00
Note: Total Realized Loss Amount may include adjustments to loans liquidated in prior periods.

Loan Number			Original	Prior		Current	State &
&		Loan	Principal	Principal	Realized	Note	LTV at	Original	Origination
Loan Group		Status	Balance	Balance	Loss/(Gain)	Rate	Origination	Term	Date
SPACE INTENTIONALLY LEFT BLANK


					Page 20 of 21				© COPYRIGHT 2003 Deutsche Bank
	IndyMac Residential Asset Securitization Trust 2003-A1
	Mortgage Pass-Through Certificates

	Triggers, Adj. Rate Cert. and Miscellaneous Report for December 26, 2003 Distribution


	Triggers, Adj. Rate Cert. and Miscellaneous Report


TRIGGER EVENTS								TOTAL

	Senior Credit Depletion Date							No


ADJUSTABLE RATE CERTIFICATE INFORMATION								TOTAL
SPACE INTENTIONALLY LEFT BLANK


ADDITIONAL INFORMATION								TOTAL

	Senior Percentage							94.078149%
	Subordinate Percentage							5.921851%
	Senior Prepayment Percentage							100.000000%
	Subordinate Prepayment Percentage							0.000000%

	Current Special Hazard Loss Coverage Amount							0.00
	Current Fraud Loss Coverage Amount							4,009,365.00
	Current Bankruptcy Loss Coverage Amount							100,000.00


				Page 21 of 21				© COPYRIGHT 2003 Deutsche Bank

INDYMAC MBS INC RESIDENTIAL ASSET SECURIT TRUST 2003-A1 8-K