
                                       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):
                          (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-A6
                Mortgage Pass-Through Certificates, Series 2004-F)
                 (Exact name of registrant as specified in charter)


                                          DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-116470-07                         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
     .

                                    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:  Sep 27, 2004               By:  /s/  Katherine M. Wannenmacher
                                            Katherine M. Wannenmacher
                                            Vice President


                                   EXHIBIT INDEX

          DOCUMENT

          99.1 Monthly Remittance Statement to the Certificateholders
          dated as of .



IndyMac Residential Asset Securitization Trust 2004-A7

Collateralized Asset-Backed Bonds
Collateralized Asset-Backed Bonds
REMIC 2004-A7

September 27, 2004 Distribution

				External Parties					Table of Contents

												Page
				Seller								Page
				Seller					1. Certificate Payment Report					2
				IndyMac Bank					1. Certificate Payment Report					2
				IndyMac Bank					2. Collection Account Report					4
									2. Collection Account Report					4
									3. Credit Enhancement Report					6
									4. Collateral Report					7
				Certificate Insurer(s)					5. Delinquency Report					10
				Certificate Insurer(s)					5. Delinquency Report					10
									6. REO Report					11

									7. Foreclosure Report					12
									8. Prepayment Report					13
									9. Prepayment Detail Report					16
									9. Prepayment Detail Report					16
									10. Realized Loss Report					17
									11. Realized Loss Detail Report					20
				Servicer(s)					11. Realized Loss Detail Report					20
				Servicer(s)					12. Triggers and Adj. Cert. Report					21
									12. Triggers and Adj. Cert. Report					21
									13. Other Related Information					22


				Underwriter(s)
				Bear, Stearns & Co. Inc


									Total Number of Pages					22
									Total Number of Pages

				Dates					Contacts

				Cut-Off Date:		August 01, 2004			Brent Hoyler
				Close Date:		August 30, 2004			Administrator
				First Distribution Date:		September 27, 2004			(714) 247-6322
									Brent.Hoyler@db.com
									Brent.Hoyler@db.com
									Address:
									1761 East St. Andrew Place, Santa Ana, CA 92705
				Distribution Date:		September 27, 2004
									Factor Information:			(800) 735-7777
				Record Date:		August 31, 2004			Factor Information:			(800) 735-7777
									Main Phone Number:			(714) 247-6000
									Main Phone Number:			(714) 247-6000

									https://www.corporatetrust.db.com/invr



Page 1 of 22
IndyMac Residential Asset Securitization Trust 2004-A7

Collateralized Asset-Backed Bonds
Collateralized Asset-Backed Bonds
REMIC 2004-A7

September 27, 2004 Distribution
Certificate Payment Report
Current Period Distribution -
					Prior											Current
	Class		Original		Principal					Total		Realized		Deferred		Principal
	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	SR	$	152,593,000.00		152,593,000.00	699,384.58		1,592,096.27		2,291,480.85		0.00		0.00		151,000,903.73
A-1	SR	$	152,593,000.00		152,593,000.00	699,384.58		1,592,096.27		2,291,480.85		0.00		0.00		151,000,903.73
A-2	SR	$	7,262,600.00		7,262,600.00	33,286.92		0.00		33,286.92		0.00		0.00		7,262,600.00
A-3	SR	$	44,404,400.00		44,404,400.00	76,782.61		398,024.07		474,806.68		0.00		0.00		44,006,375.93
A-4	SR/NTL	$	0.00		0.00	215,546.36		0.00		215,546.36		0.00		0.00		0.00
A-5	SR/NTL	$	0.00		0.00	3,700.37		0.00		3,700.37		0.00		0.00		0.00
A-6	SR	$	17,762,000.00		17,762,000.00	81,409.17		0.00		81,409.17		0.00		0.00		17,762,000.00
PO	SR/PO	$	2,548,240.00		2,548,240.00	0.00		2,241.35		2,241.35		0.00		0.00		2,545,998.65
A-X	SR/NTL	$	0.00		0.00	60,762.66		0.00		60,762.66		0.00		0.00		0.00
A-R	SR/RES	$	100.00		100.00	0.50		100.00		100.50		0.00		0.00		0.00
B-1	SUB	$	5,879,000.00		5,879,000.00	29,395.00		5,056.76		34,451.76		0.00		0.00		5,873,943.24
B-2	SUB	$	1,646,000.00		1,646,000.00	8,230.00		1,415.79		9,645.79		0.00		0.00		1,644,584.21
B-3	SUB	$	941,000.00		941,000.00	4,705.00		809.39		5,514.39		0.00		0.00		940,190.61
B-4	SUB	$	940,000.00		940,000.00	4,700.00		808.53		5,508.53		0.00		0.00		939,191.47
B-5	SUB	$	353,000.00		353,000.00	1,765.00		303.63		2,068.63		0.00		0.00		352,696.37
B-6	SUB	$	824,262.00		824,262.00	4,121.31		708.96		4,830.27		0.00		0.00		823,553.04
P	SR	$	100.00		0.00	0.00		0.00		0.00		0.00		0.00		0.00


Total			235,153,702.00		235,153,602.00	1,223,789.48		2,001,564.75		3,225,354.23		0.00		0.00		233,152,037.25
Total




Interest Accrual Detail Current Period Factor Information per $1,0000 of Original Face-
								Orig. Principal		Prior							Current
								Orig. Principal		Prior							Current
	Period		Period					(with Notional)		Principal						Total	Principal
	Period		Period
Class	Starting		Ending		Method	Cusip		Balance		Balance		Interest		Principal		Distribution	Balance

								(1)		(1)		(2)		(3)		(4)=(2)+(3)	(5)
A-1	08/01/04		08/30/04		F-30/360	45660NU86		152,593,000.00		1,000.000000		4.583333		10.433613		15.016946	989.566387
A-2	08/01/04		08/30/04		F-30/360	45660NU94		7,262,600.00		1,000.000000		4.583334		0.000000		4.583334	1,000.000000
A-3	08/01/04		08/30/04		F-30/360	45660NV28		44,404,400.00		1,000.000000		1.729167		8.963618		10.692784	991.036382
A-4	08/25/04		09/24/04		A-30/360	45660NV36		44,404,400.00		1,000.000000		4.854167		0.000000		4.854167	991.036382
A-5	08/25/04		09/24/04		A-30/360	45660NV44		4,440,440.00		1,000.000000		0.833334		0.000000		0.833334	991.036382
A-6	08/25/04		09/24/04		F-30/360	45660NV51		17,762,000.00		1,000.000000		4.583334		0.000000		4.583334	1,000.000000
PO	08/01/04		08/30/04		F-30/360	45660NV69		2,548,240.00		1,000.000000		0.000000		0.879568		0.879568	999.120432
A-X	08/01/04		08/30/04		A-30/360	45660NV77		168,588,334.00		1,000.000000		0.360420		0.000000		0.360420	988.475900
A-R	08/01/04		08/30/04		F-30/360	45660NV85		100.00		1,000.000000		5.000000		1,000.000000		1,005.000000	0.000000
B-1	08/01/04		08/30/04		F-30/360	45660NV93		5,879,000.00		1,000.000000		5.000000		0.860139		5.860139	999.139861
B-2	08/01/04		08/30/04		F-30/360	45660NW27		1,646,000.00		1,000.000000		5.000000		0.860140		5.860140	999.139860
B-3	08/01/04		08/30/04		F-30/360	45660NW35		941,000.00		1,000.000000		5.000000		0.860138		5.860138	999.139862
B-4	08/01/04		08/30/04		F-30/360	45660N2B0		940,000.00		1,000.000000		5.000000		0.860138		5.860138	999.139862
B-5	08/01/04		08/30/04		F-30/360	45660N2D6		353,000.00		1,000.000000		5.000000		0.860142		5.860142	999.139858
B-6	08/01/04		08/30/04		F-30/360	45660N2F1		824,262.00		1,000.000000		5.000000		0.860115		5.860115	999.139885
P	08/01/04		08/30/04		F-30/360	IN04071P1		100.00		0.000000		0.000000		0.000000		0.000000	0.000000




Page 2 of 22
IndyMac Residential Asset Securitization Trust 2004-A7

Collateralized Asset-Backed Bonds
Collateralized Asset-Backed Bonds
REMIC 2004-A7

September 27, 2004 Distribution

Distribution to Date -
																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	152,593,000.00		699,384.58		1,439,328.11	152,768.16		1,592,096.27		2,291,480.85		0.00		0.00		151,000,903.73
A-2	7,262,600.00		33,286.92		0.00	0.00		0.00		33,286.92		0.00		0.00		7,262,600.00
A-3	44,404,400.00		76,782.61		359,832.03	38,192.04		398,024.07		474,806.68		0.00		0.00		44,006,375.93
A-4	0.00		215,546.36		0.00	0.00		0.00		215,546.36		0.00		0.00		0.00
A-5	0.00		3,700.37		0.00	0.00		0.00		3,700.37		0.00		0.00		0.00
A-6	17,762,000.00		81,409.17		0.00	0.00		0.00		81,409.17		0.00		0.00		17,762,000.00
PO	2,548,240.00		0.00		0.00	2,241.35		2,241.35		2,241.35		0.00		0.00		2,545,998.65
A-X	0.00		60,762.66		0.00	0.00		0.00		60,762.66		0.00		0.00		0.00
A-R	100.00		0.50		90.40	9.60		100.00		100.50		0.00		0.00		0.00
B-1	5,879,000.00		29,395.00		0.00	5,056.76		5,056.76		34,451.76		0.00		0.00		5,873,943.24
B-2	1,646,000.00		8,230.00		0.00	1,415.79		1,415.79		9,645.79		0.00		0.00		1,644,584.21
B-3	941,000.00		4,705.00		0.00	809.39		809.39		5,514.39		0.00		0.00		940,190.61
B-4	940,000.00		4,700.00		0.00	808.53		808.53		5,508.53		0.00		0.00		939,191.47
B-5	353,000.00		1,765.00		0.00	303.63		303.63		2,068.63		0.00		0.00		352,696.37
B-6	824,262.00		4,121.31		0.00	708.96		708.96		4,830.27		0.00		0.00		823,553.04
P	100.00		0.00		0.00	0.00		0.00		0.00		0.00		0.00		0.00


Total	235,153,702.00		1,223,789.48		1,799,250.54	202,314.21		2,001,564.75		3,225,354.23		0.00		0.00		233,152,037.25


Interest Detail -
	Pass		Prior Principal			Non-		Prior		Unscheduled				Paid or		Current
	Pass		Prior Principal			Non-		Prior		Unscheduled				Paid or

	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	5.50000%		152,593,000.00		699,384.58	0.00		0.00		0.00		699,384.58		699,384.58		0.00
A-2	5.50000%		7,262,600.00		33,286.92	0.00		0.00		0.00		33,286.92		33,286.92		0.00
A-3	2.07500%		44,404,400.00		76,782.61	0.00		0.00		0.00		76,782.61		76,782.61		0.00
A-4	5.82500%		44,404,400.00		215,546.36	0.00		0.00		0.00		215,546.36		215,546.36		0.00
A-5	1.00000%		4,440,440.00		3,700.37	0.00		0.00		0.00		3,700.37		3,700.37		0.00
A-6	5.50000%		17,762,000.00		81,409.17	0.00		0.00		0.00		81,409.17		81,409.17		0.00
PO	0.00000%		2,548,240.00		0.00	0.00		0.00		0.00		0.00		0.00		0.00
A-X	0.43250%		168,588,334.00		60,762.66	0.00		0.00		0.00		60,762.66		60,762.66		0.00
A-R	6.00000%		100.00		0.50	0.00		0.00		0.00		0.50		0.50		0.00
B-1	6.00000%		5,879,000.00		29,395.00	0.00		0.00		0.00		29,395.00		29,395.00		0.00
B-2	6.00000%		1,646,000.00		8,230.00	0.00		0.00		0.00		8,230.00		8,230.00		0.00
B-3	6.00000%		941,000.00		4,705.00	0.00		0.00		0.00		4,705.00		4,705.00		0.00
B-4	6.00000%		940,000.00		4,700.00	0.00		0.00		0.00		4,700.00		4,700.00		0.00
B-5	6.00000%		353,000.00		1,765.00	0.00		0.00		0.00		1,765.00		1,765.00		0.00
B-6	6.00000%		824,262.00		4,121.31	0.00		0.00		0.00		4,121.31		4,121.31		0.00
P	0.00000%		0.00		0.00	0.00		0.00		0.00		0.00		0.00		0.00


Total			452,586,776.00		1,223,789.48	0.00		0.00		0.00		1,223,789.48		1,223,789.48		0.00



Page 3 of 22
IndyMac Residential Asset Securitization Trust 2004-A7

Collateralized Asset-Backed Bonds
Collateralized Asset-Backed Bonds
REMIC 2004-A7

September 27, 2004 Distribution
Collection Account Report
SUMMARY
SUMMARY
													Total
Principal Collections													2,001,564.76
Principal Withrawals													0.00
Principal Other Accounts													0.00
TOTAL NET PRINCIPAL													2,001,564.76
Interest Collections													1,248,232.40
Interest Withdrawals													-0.00
Interest Other Accounts													0.00
Interest Fees													-24,442.93
TOTAL NET INTEREST													1,223,789.47
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION													3,225,354.23



PRINCIPAL - COLLECTIONS
PRINCIPAL - COLLECTIONS
														Total
Scheduled Principal Received														202,573.16
Curtailments														-545.61
Prepayments In Full														1,799,537.21
Repurchased/Substitutions														0.00
Liquidations														0.00
Insurance Principal														0.00
Other Additional Principal														0.00
Delinquent Principal														-123,774.27
Realized Losses														-0.00
Advanced Principal														123,774.27
TOTAL PRINCIPAL COLLECTED														2,001,564.76


PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK



PRINCIPAL - OTHER ACCOUNTS
PRINCIPAL - OTHER ACCOUNTS
													Total
TOTAL PRINCIPAL OTHER ACCOUNTS													0.00





Page 4 of 22
IndyMac Residential Asset Securitization Trust 2004-A7

Collateralized Asset-Backed Bonds
Collateralized Asset-Backed Bonds
REMIC 2004-A7

September 27, 2004 Distribution

INTEREST - COLLECTIONS
INTEREST - COLLECTIONS
													Total
Scheduled Interest													1,284,573.73
Repurchased/Substitution Interest													0.00
Liquidation Interest													0.00
Insurance Interest													0.00
Other Additional Interest													0.00
Prepayment Interest Shortfalls													-142.24
Delinquent Interest													-790,685.46
Compensating Interest													142.24
Civil Relief Act Shortfalls													-0.00
Interest Advanced													754,344.13
TOTAL INTEREST COLLECTED													1,248,232.40


INTEREST - WITHDRAWALS
INTEREST - WITHDRAWALS
													Total
TOTAL INTEREST WITHDRAWALS													0.00



INTEREST - OTHER ACCOUNTS
INTEREST - OTHER ACCOUNTS
													Total
Prepayment Charges													0.00
TOTAL INTEREST OTHER ACCOUNTS													0.00



INTEREST - FEES
INTEREST - FEES
													Total
Current Servicing Fees													22,483.32
Trustee Fees													1,959.61
TOTAL INTEREST FEES													24,442.93




Page 5 of 22
IndyMac Residential Asset Securitization Trust 2004-A7

Collateralized Asset-Backed Bonds
Collateralized Asset-Backed Bonds
REMIC 2004-A7

September 27, 2004 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 Residential Asset Securitization Trust 2004-A7

Collateralized Asset-Backed Bonds
Collateralized Asset-Backed Bonds
REMIC 2004-A7

September 27, 2004 Distribution
Collateral Report


COLLATERAL



														Total



*Loan Count:*


Original													597
Prior													597
Prefunding													0
Scheduled Paid Offs													-0
Full Voluntary Prepayments													-5
Repurchases													-0
Liquidations													-0
Current													592
*Principal Balance:*


Original													235,153,602.83
Prior													235,153,602.83
Prefunding													0.00
Scheduled Principal													-202,573.16
Partial Prepayments													(545.61)
Full Voluntary Prepayments													-1,799,537.21
Repurchases													-0.00
Liquidations													-0.00
Current													233,152,038.07





PREFUNDING

SPACE INTENTIONALLY LEFT BLANK






Page 7 of 22
IndyMac Residential Asset Securitization Trust 2004-A7

Collateralized Asset-Backed Bonds
Collateralized Asset-Backed Bonds
REMIC 2004-A7

September 27, 2004 Distribution

CHARACTERISTICS
CHARACTERISTICS
													Total
Weighted Average Coupon Original													6.55524%
Weighted Average Coupon Prior													6.55524%
Weighted Average Coupon Current													6.55524%
Weighted Average Months to Maturity Original													357
Weighted Average Months to Maturity Prior													357
Weighted Average Months to Maturity Current													357
Weighted Avg Remaining Amortization Term Original													357
Weighted Avg Remaining Amortization Term Prior													357
Weighted Avg Remaining Amortization Term Current													357
Weighted Average Seasoning Original													1.91
Weighted Average Seasoning Prior													1.91
Weighted Average Seasoning Current													1.91









Page 8 of 22
IndyMac Residential Asset Securitization Trust 2004-A7

Collateralized Asset-Backed Bonds
Collateralized Asset-Backed Bonds
REMIC 2004-A7

September 27, 2004 Distribution

ARM CHARACTERISTICS
ARM CHARACTERISTICS
													Total
Weighted Average Margin Original													0.00000%
Weighted Average Margin Prior													0.00000%
Weighted Average Margin Current													0.00000%
Weighted Average Max Rate Original													0.00000%
Weighted Average Max Rate Prior													0.00000%
Weighted Average Max Rate Current													0.00000%
Weighted Average Min Rate Original													0.00000%
Weighted Average Min Rate Prior													0.00000%
Weighted Average Min Rate Current													0.00000%
Weighted Average Cap Up Original													0.00000%
Weighted Average Cap Up Prior													0.00000%
Weighted Average Cap Up Current													0.00000%
Weighted Average Cap Down Original													0.00000%
Weighted Average Cap Down Prior													0.00000%
Weighted Average Cap Down Current													0.00000%




SERVICING FEES & ADVANCES

														Total




Current Servicing Fees													22,483.32
Delinquent Servicing Fees													36,341.33
TOTAL SERVICING FEES													58,824.65


Total Servicing Fees													58,824.65
Compensating Interest													-142.24
Delinquent Servicing Fees													-36,341.33
COLLECTED SERVICING FEES													22,341.08


Total Advaced Interest													754,344.13
Total Advaced Principal													123,774.27
Aggregate Advances with respect to this Distribution													878,118.40





ADDITIONAL COLLATERAL INFORMATION
													Total
Prepayment Interest Shortfall (PPIS)													142.24
Compensating Interest													-142.24
Net Prepayment Interest Shortfall (PPIS)													0.00

Weighted Average Net Mortgage Rate													6.245056%

LIBOR for the Current Period													1.615000%

LIBOR for the Next Period													1.840000%



Page 9 of 22
IndyMac Residential Asset Securitization Trust 2004-A7

Collateralized Asset-Backed Bonds
Collateralized Asset-Backed Bonds
REMIC 2004-A7

September 27, 2004 Distribution
Delinquency Report

	TOTAL
					< 1 PAYMENT	1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance			4,872,359.34		0.00		0.00		4,872,359.34
			% Balance			2.09%		0.00%		0.00%		2.09%
			# Loans			12		0		0		12
			% # Loans			2.03%		0.00%		0.00%		2.03%
	FORECLOSURE		Balance		0.00	222,203.72		0.00		0.00		222,203.72
			% Balance		0.00%	0.10%		0.00%		0.00%		0.10%
			# Loans		0	1		0		0		1
			% # Loans		0.00%	0.17%		0.00%		0.00%		0.17%
	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	5,094,563.06		0.00		0.00		5,094,563.06
			% Balance		0.00%	2.19%		0.00%		0.00%		2.19%
			# Loans		0	13		0		0		13
			% # Loans		0.00%	2.20%		0.00%		0.00%		2.20%









Page 10 of 22
IndyMac Residential Asset Securitization Trust 2004-A7

Collateralized Asset-Backed Bonds
Collateralized Asset-Backed Bonds
REMIC 2004-A7

September 27, 2004 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
SPACE INTENTIONALLY LEFT BLANK
SPACE INTENTIONALLY LEFT BLANK



TOTAL



Page 11 of 22
IndyMac Residential Asset Securitization Trust 2004-A7

Collateralized Asset-Backed Bonds
Collateralized Asset-Backed Bonds
REMIC 2004-A7

September 27, 2004 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
3154357 1
3154357 1			224,000.00		222,203.72	01-Jul-2004		7.750%		MA - 64.93%		360		01-Oct-2003



TOTAL			224,000.00		222,203.72



Page 12 of 22
IndyMac Residential Asset Securitization Trust 2004-A7

Collateralized Asset-Backed Bonds
Collateralized Asset-Backed Bonds
REMIC 2004-A7

September 27, 2004 Distribution
Prepayment Report

VOLUNTARY PREPAYMENTS
VOLUNTARY PREPAYMENTS

														Total




*Current*


Number of Paid in Full Loans													5
Number of Repurchased Loans													0
Total Number of Loans Prepaid in Full													5
Curtailments Amount													-545.61
Paid in Full Balance													1,799,537.21
Repurchased Loans Balance													0.00
Total Prepayment Amount													1,798,991.60

*Cumulative*


Number of Paid in Full Loans													5
Number of Repurchased Loans													0
Total Number of Loans Prepaid in Full													5
Paid in Full Balance													1,799,537.21
Repurchased Loans Balance													0.00
Curtailments Amount													-545.61
Total Prepayment Amount													1,798,991.60










Page 13 of 22
IndyMac Residential Asset Securitization Trust 2004-A7

Collateralized Asset-Backed Bonds
Collateralized Asset-Backed Bonds
REMIC 2004-A7

September 27, 2004 Distribution

VOLUNTARY PREPAYMENTS RATES
VOLUNTARY PREPAYMENTS RATES

														Total



SMM													0.77%
3 Months Avg SMM													0.77%
12 Months Avg SMM													0.77%
Avg SMM Since Cut-off													0.77%


CPR													8.81%
3 Months Avg CPR													8.81%
12 Months Avg CPR													8.81%
Avg CPR Since Cut-off													8.81%


PSA													2,307.29%
3 Months Avg PSA Approximation													2,307.30%
12 Months Avg PSA Approximation													2,307.30%
Avg PSA Since Cut-off Approximation													2,307.30%










Page 14 of 22
IndyMac Residential Asset Securitization Trust 2004-A7

Collateralized Asset-Backed Bonds
Collateralized Asset-Backed Bonds
REMIC 2004-A7

September 27, 2004 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/(0.002*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 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, liquidations, and repurchases.
	Dates correspond to distribution dates.




Page 15 of 22
IndyMac Residential Asset Securitization Trust 2004-A7

Collateralized Asset-Backed Bonds
Collateralized Asset-Backed Bonds
REMIC 2004-A7

September 27, 2004 Distribution
Prepayment Detail Report
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original						Current		State &		Type Prepayment		First
Loan Number			Original						Current		State &		Type Prepayment

&		Loan	Principal		Prepayment		Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount		Date		Rate		Origination		Original Term		Date

3787017 1			40,000.00		39,896.10		30-Aug-2004		6.750%		GA - 27.21%		Paid Off - 360		01-Jun-2004
3787017 1			40,000.00		39,896.10		30-Aug-2004		6.750%		GA - 27.21%		Paid Off - 360		01-Jun-2004
3856526 1			698,500.00		697,883.73		14-Sep-2004		6.625%		CA - 69.99%		Paid Off - 360		01-Aug-2004
3949065 1			138,000.00		137,894.99		26-Aug-2004		7.375%		MA - 57.50%		Paid Off - 360		01-Aug-2004
120051396 1			389,500.00		388,810.81		07-Sep-2004		6.625%		CA - 95.00%		Paid Off - 360		01-Jul-2004
120051892 1			536,000.00		535,051.58		08-Sep-2004		6.625%		CA - 80.00%		Paid Off - 360		01-Jul-2004


TOTAL			1,802,000.00		1,799,537.21
TOTAL


Page 16 of 22
IndyMac Residential Asset Securitization Trust 2004-A7

Collateralized Asset-Backed Bonds
Collateralized Asset-Backed Bonds
REMIC 2004-A7

September 27, 2004 Distribution
Realized Loss Report

COLLATERAL REALIZED LOSSES



														Total


*Current*
*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*
*Cumulative*



Number of Loans Liquidated													0
Collateral Realized Loss/(Gain) Amount													0.00
Net Liquidation Proceeds													0.00





		Special Hazard Loss Coverage Amt													3,856,988.00
		Fraud Loss Coverage Amt													2,351,536.00
		Bankrupt Loss Coverage Amt													100,000.00
		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









Page 17 of 22
IndyMac Residential Asset Securitization Trust 2004-A7

Collateralized Asset-Backed Bonds
Collateralized Asset-Backed Bonds
REMIC 2004-A7

September 27, 2004 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 Residential Asset Securitization Trust 2004-A7

Collateralized Asset-Backed Bonds
Collateralized Asset-Backed Bonds
REMIC 2004-A7

September 27, 2004 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 Residential Asset Securitization Trust 2004-A7

Collateralized Asset-Backed Bonds
Collateralized Asset-Backed Bonds
REMIC 2004-A7

September 27, 2004 Distribution
Realized Loss Detail Report
Loan Number			Original		Prior			Current		State &

													First
&			Principal		Principal	Realized		Note		LTV at		Original		Payment

Loan Group			Balance		Balance	Loss/(Gain)		Rate		Origination		Term		Date

SPACE INTENTIONALLY LEFT BLANK
SPACE INTENTIONALLY LEFT BLANK



TOTAL



Page 20 of 22
IndyMac Residential Asset Securitization Trust 2004-A7

Collateralized Asset-Backed Bonds
Collateralized Asset-Backed Bonds
REMIC 2004-A7

September 27, 2004 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS
TRIGGER EVENTS
													Total
Has Optional Termination Date Reached (0=No,1=Yes)													0
Has Sr. Prepay Stepdown Condition Occurred (0=No,1=Yes)													0
Has Sr. Credit Supp. Depletion Date Occured (0=No,1=Yes)													0
Have all Prepayment Penalties Expired? (0=No,1=Yes)													0
Has Special Haz. Cov. Term Date Occured (0=No,1=Yes)													0
Has Fraud Loss Coverage Term Date Occured (0=No,1=Yes)													0
Has BK Loss Cov. Term Date Occured (0=No,1=Yes)													0



ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK



ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
													Total
Current Senior Percentage													95.450121%
Next Senior Percentage													95.414622%
Current Subordinate Percentage													4.549879%
Next Subordinate Percentage													4.585378%
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 Residential Asset Securitization Trust 2004-A7

Collateralized Asset-Backed Bonds
Collateralized Asset-Backed Bonds
REMIC 2004-A7

September 27, 2004 Distribution
Other Related Information
ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
													Total
Current Scheduled Payments													1,487,146.89
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													1,604.76
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


Variable Rate Certificates - Next PTR Details:
Next Period Pass Through Rate - Class A-3													2.290000%
Next Period Pass Through Rate - Class A-4													5.610000%
Next Period Pass Through Rate - Class A-5													1.000000%
Next Period Pass Through Rate - Class A-X													0.507500%




Page 22 of 22

IndyMac MBS, Inc. Residential Asset Securitization Trust 2004-A7 8-K