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): ~~June~~July 2725, 2005 (Date of earliest event reported) Indymac MBS Inc (as Depositor under the Pooling and Servicing Agreement, dated as March 1, 2005, providing for the issuance of IndyMAc INDX Mortgage Loan Trust 2005-AR5 Mortgage Pass-Through Certificates, Series 2005-AR5) (Exact name of registrant as specified in charter) DELAWARE (State or Other Jurisdiction of Incorporation) 333-119384-17 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 ~~June~~July 2725, 2005. Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. Deutsche Bank National Trust Company, in its capacity as Trustee under the Pooling and Servicing Agreement on behalf of Indymac MBS Inc, Registrant Date: ~~Jun~~Jul 3027, 2005 By: /s/ Katherine M. Wannenmacher Katherine M. Wannenmacher Vice President EXHIBIT INDEX DOCUMENT 99.1 Monthly Remittance Statement to the Certificateholders dated as of ~~June~~July 2725, 2005.

IndyMac INDX Mortgage Loan Trust 2005-AR5
Mortgage Pass-Through Certificates
2005-AR5
June 27, 2005 Distribution
July 25, 2005 Distribution
				External Parties						Table of Contents
													Page
				Seller
										1. Certificate Payment Report					2
				IndyMac Bank
										2. Collection Account Report					4
										3. Credit Enhancement Report					6
										4. Collateral Report					7
				Certificate Insurer(s)						5. Delinquency Report					10
										6. REO Report					16
										7. Foreclosure Report					17
										8. Prepayment Report					18
										9. Prepayment Detail Report					21
										10. Realized Loss Report					23
										11. Realized Loss Detail Report					26
				Servicer(s)
										12. Triggers and Adj. Cert. Report					27
				IndyMac Bank
										13. Other Related Information					28
				Underwriter(s)
				Merrill Lynch
										Total Number of Pages					28
				Dates						Contacts
				Cut-Off Date:			March 01, 2005			Brent Hoyler
				Close Date:			March 30, 2005			Administrator
				First Distribution Date:			April 25, 2005			(714) 247-6322
										Brent.Hoyler@db.com
										Address:
										1761 East St. Andrew Place, Santa Ana, CA 92705
				Distribution Date:			~~June~~July 2725, 2005
										Factor Information:			(800) 735-7777
				Record Date:			~~May~~June 3130, 2005
										Main Phone Number:			(714) 247-6000
										https://www.tss.db.com/invr
Page 1 of 28
IndyMac INDX Mortgage Loan Trust 2005-AR5
Mortgage Pass-Through Certificates
2005-AR5
June 27, 2005 Distribution
July 25, 2005 Distribution
Certificate Payment Report
Current Period Distribution -
					Prior												Current
	Class		Original		Principal						Total		Realized		Deferred		Principal
Class	Type	Cur	Face Value		Balance		Interest		Principal		Distribution		Loss		Interest		Balance
					(1)		(2)		(3)		(4)=(2)+(3)		(5)		(6)		(7)=(1)-(3)-(5)+(6)
1-A-1		$	216,239,000.00		~~205~~196,~~581~~558,~~158~~060.7289		~~847~~810,~~696~~490.78		96,~~023~~686,~~097~~098.8320		97,~~870~~496,~~794~~588.6198		0.00		0.00		~~196~~189,~~558~~871,~~060~~962.8969
1-A-2		$	0.00		0.00		8278,~~814~~999.1663		0.00		8278,~~814~~999.1663		0.00		0.00		0.00
2-A-1		$	167,573,000.00		~~163~~159,~~292~~405,~~510~~282.5647		~~709~~692,~~342~~456.6755		34,~~887~~718,~~228~~465.0941		45,~~596~~410,~~570~~921.7696		0.00		0.00		~~159~~154,~~405~~686,~~282~~817.4706
2-A-2		$	14,276,000.00		13,~~911~~580,~~333~~169.4591		6361,~~529~~899.0058		~~331~~401,~~163~~978.5491		~~394~~463,~~692~~878.5449		0.00		0.00		13,~~580~~178,~~169~~191.9100
2-A-3		$	0.00		0.00		3634,~~366~~126.5243		0.00		3634,~~366~~126.5243		0.00		0.00		0.00
3-A-1		$	52,980,000.00		5149,~~400~~344,~~730~~865.7304		~~234~~224,~~406~~947.8280		2,~~055~~640,~~865~~460.6970		2,~~290~~865,~~272~~408.5150		0.00		0.00		4946,~~344~~704,~~865~~404.0434
4-A-1		$	33,439,000.00		33,~~421~~061,~~875~~432.8978		~~153~~152,~~698~~097.3618		~~360~~886,~~443~~072.1113		~~514~~1,~~141~~038,169.4731		0.00		0.00		3332,~~061~~175,~~432~~360.7865
A-R		$	100.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
B-1		$	12,661,000.00		12,~~648~~646,~~406~~984.6795		57,~~554~~500.0718		16,~~421~~618.7263		5864,~~975~~118.7981		0.00		0.00		12,~~646~~640,~~984~~366.9532
B-2		$	10,522,000.00		10,~~511~~510,~~534~~352.2471		47,~~830~~785.6687		15,~~181~~500.5345		4953,~~012~~286.1932		0.00		0.00		10,~~510~~504,~~352~~852.7126
B-3		$	6,839,000.00		6,~~832~~831,~~197~~429.5559		31,~~088~~059.5645		~~767~~3,575.9614		3134,~~856~~634.5259		0.00		0.00		6,~~831~~827,~~429~~854.5945
B-4		$	4,997,000.00		4,~~992~~991,~~029~~468.7159		22,~~715~~693.2497		~~561~~2,612.1222		2325,~~276~~306.3619		0.00		0.00		4,~~991~~988,~~468~~856.5937
B-5		$	3,682,000.00		3,~~678~~677,~~337~~924.6822		16,~~737~~721.5588		~~413~~1,924.4679		1718,~~151~~646.0167		0.00		0.00		3,~~677~~675,~~924~~999.2243
B-6		$	2,896,742.26		2,893,~~861~~535.0173		13,~~167~~155.9461		~~325~~1,514.2830		1314,~~493~~669.2291		0.00		0.00		2,~~893~~892,~~535~~021.7343
P		$	100.00		100.00		~~34,377~~812.2635		0.00		~~34,377~~812.2635		0.00		0.00		100.00
Total			526,104,942.26		~~509~~493,~~164~~501,~~076~~606.2188		2,~~351~~244,~~325~~747.5926		15,~~662~~354,~~469~~820.3388		1817,~~013~~599,~~794~~568.9214		0.00		0.00		~~493~~478,~~501~~146,~~606~~786.8800
Interest Accrual Detail Current Period Factor Information per $1,000 of Original Face-
									Orig. Principal		Prior							Current
	Period		Period						(with Notional)		Principal						Total	Principal
Class	Starting		Ending		Method		Cusip		Balance		Balance		Interest		Principal		Distribution	Balance
									(1)		(1)		(2)		(3)		(4)=(2)+(3)	(5)
1-A-1	0506/01/05		0506/30/05		A-30/360		45660LGQ6		216,239,000.00		~~950~~908.~~712678~~985247		3.~~920185~~748125		4130.~~727430~~919946		4534.~~647615~~668071	~~908~~878.~~985247~~065301
1-A-2	0506/01/05		0506/30/05		A-30/360		45660LJF7		216,239,000.00		~~950~~908.~~712678~~985247		0.~~382975~~365335		0.000000		0.~~382975~~365335	~~908~~878.~~985247~~065301
2-A-1	0506/01/05		0506/30/05		A-30/360		45660LGR4		167,573,000.00		~~974~~951.~~455972~~258750		4.~~233037~~132268		2328.~~197222~~157671		2732.~~430259~~289939	~~951~~923.~~258750~~101079
2-A-2	0506/01/05		0506/30/05		A-30/360		45660LGS2		14,276,000.00		~~974~~951.~~455972~~258750		4.~~450056~~335919		2328.~~197222~~157671		2732.~~647278~~493590	~~951~~923.~~258750~~101079
2-A-3	0506/01/05		0506/30/05		A-30/360		45660LGT0		167,573,000.00		~~974~~951.~~455972~~258750		0.~~217019~~203651		0.000000		0.~~217019~~203651	~~951~~923.~~258750~~101079
3-A-1	0506/01/05		0506/30/05		A-30/360		45660LGU7		52,980,000.00		~~970~~931.~~191218~~386656		4.~~424440~~245900		3849.~~804562~~838820		4354.~~229002~~084721	~~931~~881.~~386656~~547836
4-A-1	0506/01/05		0506/30/05		A-30/360		45660LGV5		33,439,000.00		~~999~~988.~~487900~~708777		4.~~596380~~548497		1026.~~779123~~498165		1531.~~375504~~046661	~~988~~962.~~708777~~210612
A-R	0506/01/05		0506/30/05		A-30/360		45660LGW3		100.00		0.000000		0.000000		0.000000		0.000000	0.000000
B-1	0506/01/05		0506/30/05		A-30/360		45660LGX1		12,661,000.00		~~999~~998.~~005345~~893053		4.~~545776~~541520		0.~~112291~~522757		45.~~658067~~064277	998.~~893053~~370296
B-2	0506/01/05		0506/30/05		A-30/360		45660LGY9		10,522,000.00		~~999~~998.~~005345~~893054		4.~~545776~~541520		0.~~112291~~522757		45.~~658068~~064277	998.~~893054~~370297
B-3	0506/01/05		0506/30/05		A-30/360		45660LGZ6		6,839,000.00		~~999~~998.~~005344~~893053		4.~~545776~~541519		0.~~112291~~522758		45.~~658067~~064277	998.~~893053~~370295
B-4	0506/01/05		0506/30/05		A-30/360		45660LHA0		4,997,000.00		~~999~~998.~~005345~~893054		4.~~545775~~541519		0.~~112291~~522758		45.~~658067~~064277	998.~~893054~~370296
B-5	0506/01/05		0506/30/05		A-30/360		45660LHB8		3,682,000.00		~~999~~998.~~005345~~893053		4.~~545777~~541521		0.~~112292~~522757		45.~~658069~~064278	998.~~893053~~370296
B-6	0506/01/05		0506/30/05		A-30/360		45660LHC6		2,896,742.26		~~999~~998.~~005348~~893057		4.~~545776~~541519		0.~~112292~~522760		45.~~658067~~064279	998.~~893057~~370297
P	0506/01/05		0506/30/05		A-30/360		45660LJE0		100.00		1,000.000000		~~343~~8,~~772~~123.~~600000~~500000		0.000000		~~343~~8,~~772~~123.~~600000~~500000	1,000.000000
Page 2 of 28
IndyMac INDX Mortgage Loan Trust 2005-AR5
Mortgage Pass-Through Certificates
2005-AR5
June 27, 2005 Distribution
July 25, 2005 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)
1-A-1	216,239,000.00		23,~~613~~424,~~513~~004.8361		1925,~~343~~987,~~409~~731.7954		~~337~~379,~~529~~305.3277		1926,~~680~~367,~~939~~037.1131		2229,~~294~~791,~~452~~041.9492		0.00		0.00		~~196~~189,~~558~~871,~~060~~962.8969
1-A-2	0.00		~~255~~334,251.4811		0.00		0.00		0.00		~~255~~334,251.4811		0.00		0.00		0.00
2-A-1	167,573,000.00		2,~~154~~847,~~610~~066.0964		46,~~322~~773,~~574~~892.7200		36,~~845~~112,~~142~~290.8194		812,~~167~~886,~~717~~182.5394		1015,~~322~~733,~~327~~249.6258		0.00		0.00		~~159~~154,~~405~~686,~~282~~817.4706
2-A-2	14,276,000.00		~~193~~254,~~005~~905.9654		~~368~~577,~~251~~086.9130		35,~~266~~698,~~883~~509.0536		~~695~~1,~~830~~097,809.0900		~~888~~1,~~836~~352,714.0554		0.00		0.00		13,~~580~~178,~~169~~191.9100
2-A-3	0.00		~~110~~145,~~911~~037.4891		0.00		0.00		0.00		~~110~~145,~~911~~037.4891		0.00		0.00		0.00
3-A-1	52,980,000.00		~~716~~941,~~856~~804.6949		36,~~569~~183,~~967~~128.8460		6592,~~167~~467.1206		36,~~635~~275,~~134~~595.9666		47,~~351~~217,~~991~~400.6515		0.00		0.00		4946,~~344~~704,~~865~~404.0434
4-A-1	33,439,000.00		~~461~~613,~~221~~319.9917		~~350~~1,~~994~~210,497.7045		2653,~~572~~141.5290		~~377~~1,~~567~~263,639.2235		~~838~~1,~~789~~876,958.2152		0.00		0.00		3332,~~061~~175,~~432~~360.7865
A-R	100.00		0.45		0.00		0.00		100.00		100.45		0.00		0.00		0.00
B-1	12,661,000.00		~~172~~230,~~809~~309.7189		0.00		1420,~~015~~633.0568		1420,~~015~~633.0568		~~186~~250,~~824~~943.7657		0.00		0.00		12,~~646~~640,~~984~~366.9532
B-2	10,522,000.00		~~143~~191,~~614~~400.5542		0.00		1117,~~647~~147.2974		1117,~~647~~147.2974		~~155~~208,~~261~~548.8416		0.00		0.00		10,~~510~~504,~~352~~852.7126
B-3	6,839,000.00		93124,~~345~~404.3681		0.00		711,~~570~~145.4155		711,~~570~~145.4155		~~100~~135,~~915~~550.7736		0.00		0.00		6,~~831~~827,~~429~~854.5945
B-4	4,997,000.00		6890,~~203~~897.9491		0.00		58,~~531~~143.4163		58,~~531~~143.4163		7399,~~735~~041.3554		0.00		0.00		4,~~991~~988,~~468~~856.5937
B-5	3,682,000.00		5066,~~255~~977.5442		0.00		46,~~075~~000.7857		46,~~075~~000.7857		5472,~~331~~977.3299		0.00		0.00		3,~~677~~675,~~924~~999.2243
B-6	2,896,742.26		3952,~~537~~693.5718		0.00		34,~~206~~720.5383		34,~~206~~720.5383		4257,~~744~~414.1001		0.00		0.00		2,~~893~~892,~~535~~021.7343
P	100.00		6667,~~623~~435.0641		0.00		0.00		0.00		6667,~~623~~435.0641		0.00		0.00		100.00
Total	526,104,942.26		79,~~139~~384,~~761~~508.7096		2740,~~955~~732,~~198~~335.9689		712,~~587~~403,~~341~~507.2903		3247,~~603~~958,~~335~~156.3826		3957,~~743~~342,~~097~~665.0822		0.00		0.00		~~493~~478,~~501~~146,~~606~~786.8800
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		Adjustment		Interest		Interest		Interest
					(1)		(2)		(3)		(4)		(5)=(1)-(2)+(3)+(4)		(6)		(7)=(5)-(6)
1-A-1	4.94810%		~~205~~196,~~581~~558,~~158~~060.7289		~~847~~810,~~696~~490.78		0.00		0.00		0.00		~~847~~810,~~696~~490.78		~~847~~810,~~696~~490.78		0.00
1-A-2	0.~~48340~~48230%		~~205~~196,~~581~~558,~~158~~060.7289		8278,~~814~~999.1663		0.00		0.00		0.00		8278,~~814~~999.1663		8278,~~814~~999.1663		0.00
2-A-1	5.21280%		~~163~~159,~~292~~405,~~510~~282.5647		~~709~~692,~~342~~456.6755		0.00		0.00		0.00		~~709~~692,~~342~~456.6755		~~709~~692,~~342~~456.6755		0.00
2-A-2	5.~~48005~~46970%		13,~~911~~580,~~333~~169.4591		6361,~~529~~899.0058		0.00		0.00		0.00		6361,~~529~~899.0058		6361,~~529~~899.0058		0.00
2-A-3	0.~~26725~~25690%		~~163~~159,~~292~~405,~~510~~282.5647		3634,~~366~~126.5243		0.00		0.00		0.00		3634,~~366~~126.5243		3634,~~366~~126.5243		0.00
3-A-1	5.~~47246~~47042%		5149,~~400~~344,~~730~~865.7304		~~234~~224,~~406~~947.8280		0.00		0.00		0.00		~~234~~224,~~406~~947.8280		~~234~~224,~~406~~947.8280		0.00
4-A-1	5.~~51848~~52053%		33,~~421~~061,~~875~~432.8978		~~153~~152,~~698~~097.3618		0.00		0.00		0.00		~~153~~152,~~698~~097.3618		~~153~~152,~~698~~097.3618		0.00
A-R	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
B-1	5.~~46036~~45586%		12,~~648~~646,~~406~~984.6795		57,~~554~~500.0718		0.00		0.00		0.00		57,~~554~~500.0718		57,~~554~~500.0718		0.00
B-2	5.~~46036~~45586%		10,~~511~~510,~~534~~352.2471		47,~~830~~785.6687		0.00		0.00		0.00		47,~~830~~785.6687		47,~~830~~785.6687		0.00
B-3	5.~~46036~~45586%		6,~~832~~831,~~197~~429.5559		31,~~088~~059.5645		0.00		0.00		0.00		31,~~088~~059.5645		31,~~088~~059.5645		0.00
B-4	5.~~46036~~45586%		4,~~992~~991,~~029~~468.7159		22,~~715~~693.2497		0.00		0.00		0.00		22,~~715~~693.2497		22,~~715~~693.2497		0.00
B-5	5.~~46036~~45586%		3,~~678~~677,~~337~~924.6822		16,~~737~~721.5588		0.00		0.00		0.00		16,~~737~~721.5588		16,~~737~~721.5588		0.00
B-6	5.~~46036~~45586%		2,893,~~861~~535.0173		13,~~167~~155.9461		0.00		0.00		0.00		13,~~167~~155.9461		13,~~167~~155.9461		0.00
P	~~412~~9,~~527~~748.~~12000~~20000%		100.00		0.00		0.00		0.00		0.00		0.00		~~34,377~~812.2635		0.00
Total			~~878~~849,~~037~~464,~~745~~950.4924		2,~~316~~243,~~948~~934.3391		0.00		0.00		0.00		2,~~316~~243,~~948~~934.3391		2,~~351~~244,~~325~~747.5926		0.00
Page 3 of 28
IndyMac INDX Mortgage Loan Trust 2005-AR5
Mortgage Pass-Through Certificates
2005-AR5
June 27, 2005 Distribution
July 25, 2005 Distribution
Collection Account Report
SUMMARY
						Group 4		Group 3		Group 2		Group 1		Total
Principal Collections						~~360~~886,~~964~~543.7974		2,~~056~~640,~~437~~989.1613		45,~~220~~139,~~055~~302.5839		96,~~025~~687,~~011~~985.8062		15,~~662~~354,~~469~~820.3388
Principal Withrawals						0.00		0.00		0.00		0.00		0.00
Principal Other Accounts						0.00		0.00		0.00		0.00		0.00
TOTAL NET PRINCIPAL						~~360~~886,~~964~~543.7974		2,~~056~~640,~~437~~989.1613		45,~~220~~139,~~055~~302.5839		96,~~025~~687,~~011~~985.8062		15,~~662~~354,~~469~~820.3388
Interest Collections						~~170~~168,~~431~~561.1051		~~260~~251,~~398~~647.1748		~~898~~878,~~501~~749.3033		1998,~~074,669~~452.7009		2,~~404~~297,~~000~~410.2640
Interest Withdrawals						-0.00		-0.00		-0.00		-0.00		-0.00
Interest Other Accounts						0.00		0.00		0.00		~~34,377~~812.2635		~~34,377~~812.2635
Interest Fees						-3,~~636~~365.0214		-56,~~412~~131.6320		-1718,~~117~~265.6208		-2624,~~508~~901.3871		-52,~~674~~663.6513
TOTAL NET INTEREST						~~166~~165,~~795~~196.0837		~~254~~245,~~985~~516.5428		~~881~~860,~~383~~484.6725		1973,~~048,161~~550.3238		2,~~351~~244,~~325~~747.6127
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION						~~527~~1,~~759~~051,740.8711		2,~~311~~886,~~422~~505.7041		5,~~101~~999,~~439~~786.2564		107,~~073~~661,~~173~~536.1200		1817,~~013~~599,~~794~~568.9415
PRINCIPAL - COLLECTIONS
							Group 4		Group 3		Group 2		Group 1		Total
Scheduled Principal Received							65,~~643~~947.8951		76,~~080~~307.9967		20,~~328~~070.0569		2322,~~301~~054.0221		5754,~~353~~380.9508
Curtailments							38,~~140~~223.9015		14,~~402~~272.5721		2661,~~036~~235.5917		20302,~~337~~271.5672		50376,~~917~~002.6225
Prepayments In Full							~~351~~872,~~180~~373.0008		2,~~047~~630,~~953~~409.6025		4,~~173~~852,~~690~~696.9453		86,~~981~~363,~~373~~659.2269		1514,~~554~~719,~~197~~138.7655
Repurchased/Substitutions							0.00		0.00		0205,300.00		0.00		0205,300.00
Liquidations							0.00		0.00		0.00		0.00		0.00
Insurance Principal							0.00		0.00		0.00		0.00		0.00
Other Additional Principal							0.00		0.00		0.00		0.00		0.00
Delinquent Principal							-54,~~357~~573.8477		-4,~~657~~801.1634		-1816,~~234~~691.0874		-15,~~186~~740.5519		-4341,~~435~~807.6304
Realized Losses							-0.00		-0.00		-0.00		-0.00		-0.00
Principal Recoveries
Advanced Principal							54,~~357~~573.8477		4,~~657~~801.1634		1816,~~234~~691.0874		15,~~186~~740.5519		4341,~~435~~807.6304
TOTAL PRINCIPAL COLLECTED							~~360~~886,~~964~~543.7974		2,~~056~~640,~~437~~989.1613		45,~~220~~139,~~055~~302.5839		96,~~025~~687,~~011~~985.8062		15,~~662~~354,~~469~~820.3388
PRINCIPAL - WITHDRAWALS
SPACE INTENTIONALLY LEFT BLANK
PRINCIPAL - OTHER ACCOUNTS
						Group 4		Group 3		Group 2		Group 1		Total
TOTAL PRINCIPAL OTHER ACCOUNTS						0.00		0.00		0.00		0.00		0.00
Page 4 of 28
IndyMac INDX Mortgage Loan Trust 2005-AR5
Mortgage Pass-Through Certificates
2005-AR5
June 27, 2005 Distribution
July 25, 2005 Distribution
INTEREST - COLLECTIONS
						Group 4		Group 3		Group 2		Group 1		Total
Scheduled Interest						~~178~~176,~~645~~931.2474		~~273~~263,~~668~~545.2715		~~946~~923,~~649~~432.2851		1,~~090~~046,~~550~~633.1542		2,~~489~~410,~~512~~542.9482
Repurchased/Substitution Interest						0.00		0.00		0791.0026		0.00		0791.0026
Liquidation Interest						0.00		0.00		0.00		0.00		0.00
Insurance Interest						0.00		0.00		0.00		0.00		0.00
Other Additional Interest						0.00		0.00		0.00		~~34,377~~812.2635		~~34,377~~812.2635
Prepayment Interest Shortfalls						-0506.0086		-~~1,519~~410.9959		-2,~~981~~163.7066		-43,~~577~~995.9347		-97,~~079~~076.6258
Delinquent Interest						-~~130~~132,~~531~~479.7422		-~~209~~187,~~116~~383.0546		-~~754~~710,~~355~~817.1234		-~~784~~764,~~598~~752.5998		-1,~~878~~795,~~601~~433.5000
Interest Realized Losses
Compensating Interest						0506.0086		~~1,519~~410.9959		2,~~981~~163.7066		43,~~577~~995.9347		97,~~079~~076.6259
Civil Relief Act Shortfalls						-0.00		-0.00		-0.00		-0.00		-0.00
Interest Advanced						~~122~~124,~~317~~109.5900		~~195~~175,~~845~~485.9578		~~706~~665,~~207~~342.1489		~~734~~715,~~340~~759.8829		1,~~758~~680,~~711~~696.5696
TOTAL INTEREST COLLECTED						~~170~~168,~~431~~561.1051		~~260~~251,~~398~~647.1748		~~898~~878,~~501~~749.3033		1998,~~074,669~~452.7009		2,~~404~~297,~~000~~410.2640
INTEREST - WITHDRAWALS
SPACE INTENTIONALLY LEFT BLANK
INTEREST - OTHER ACCOUNTS
						Group 4		Group 3		Group 2		Group 1		Total
Prepayment Charges						0.00		0.00		0.00		~~34,377~~812.2635		~~34,377~~812.2635
TOTAL INTEREST OTHER ACCOUNTS						0.00		0.00		0.00		~~34,377~~812.2635		~~34,377~~812.2635
INTEREST - FEES
						Group 4		Group 3		Group 2		Group 1		Total
Current Servicing Fees						32,~~120~~851.1628		4,~~202~~932.7857		1213,~~165~~519.1490		1918,~~735~~179.7343		39,~~223~~483.8018
Trustee Fees						~~196~~194.4651		~~302~~291.8672		1,~~045~~022.4357		1,~~213~~164.2233		2,~~757~~673.9713
TOTAL INTEREST FEES						3,~~636~~365.0214		56,~~412~~131.6320		1718,~~117~~265.6208		2624,~~508~~901.3871		52,~~674~~663.6513
Page 5 of 28
IndyMac INDX Mortgage Loan Trust 2005-AR5
Mortgage Pass-Through Certificates
2005-AR5
June 27, 2005 Distribution
July 25, 2005 Distribution
Credit Enhancement Report
ACCOUNTS
SPACE INTENTIONALLY LEFT BLANK
INSURANCE
						Group 4		Group 3		Group 2		Group 1		Total
PMI PREMIUM						319.4036		906.9890		3,~~907~~722.0661		5,~~559~~557.4494		10,~~692~~506.8881
STRUCTURAL FEATURES
SPACE INTENTIONALLY LEFT BLANK
Page 6 of 28
IndyMac INDX Mortgage Loan Trust 2005-AR5
Mortgage Pass-Through Certificates
2005-AR5
June 27, 2005 Distribution
July 25, 2005 Distribution
Collateral Report
COLLATERAL
							Group 4		Group 3		Group 2		Group 1		Total
Loan Count:
Original						156		220		696		799		1,871
Prior						~~156~~154		~~215~~208		~~682~~670		~~765~~743		1,~~818~~775
Prefunding						0		0		0		0		0
Scheduled Paid Offs						-0		-0		-0		-0		-0
Full Voluntary Prepayments						-23		-76		-1217		-2219		-4345
Repurchases						-0		-0		-01		-0		-01
Liquidations						-0		-0		-0		-0		-0
Current						~~154~~151		~~208~~202		~~670~~652		~~743~~724		1,~~775~~729
Principal Balance:
Original						36,287,932.26		57,493,708.48		197,662,688.77		234,660,512.75		526,104,842.26
Prior						3635,~~269~~908,~~772~~807.3556		5553,~~913~~856,~~233~~796.6145		~~193~~188,~~001~~781,~~981~~926.7719		~~223~~214,~~978~~953,~~988~~976.4868		~~509~~493,~~163~~501,~~976~~506.2188
Prefunding						0.00		0.00		0.00		0.00		0.00
Scheduled Principal						-65,~~643~~947.8951		-76,~~080~~307.9967		-20,~~328~~070.0569		-2322,~~301~~054.0221		-5754,~~353~~380.9508
Partial Prepayments						-38,~~140~~223.9015		-14,~~402~~272.5721		-2661,~~036~~235.5917		-20302,~~337~~271.5672		-50376,~~917~~002.6225
Full Voluntary Prepayments						-~~351~~872,~~180~~373.0008		-2,~~047~~630,~~953~~409.6025		-4,~~173~~852,~~690~~696.9453		-86,~~981~~363,~~373~~659.2269		-1514,~~554~~719,~~197~~138.7655
Repurchases						-0.00		-0.00		-0205,300.00		-0.00		-0205,300.00
Liquidations						-0.00		-0.00		-0.00		-0.00		-0.00
Current						35,~~908~~022,~~807~~263.5682		5351,~~856~~215,~~796~~807.4532		~~188~~183,~~781~~642,~~926~~623.1980		~~214~~208,~~953~~265,~~976~~991.6806		~~493~~478,~~501~~146,~~506~~686.8800
PREFUNDING
SPACE INTENTIONALLY LEFT BLANK
Page 7 of 28
IndyMac INDX Mortgage Loan Trust 2005-AR5
Mortgage Pass-Through Certificates
2005-AR5
June 27, 2005 Distribution
July 25, 2005 Distribution
CHARACTERISTICS
						Group 4		Group 3		Group 2		Group 1		Total
Weighted Average Coupon Original						5.91051%		5.88867%		5.88822%		5.84262%		5.86947%
Weighted Average Coupon Prior						5.~~91052~~91055%		5.~~88635~~87342%		5.~~88647~~88584%		5.~~84646~~84278%		5.~~87037~~86730%
Weighted Average Coupon Current						5.~~91055~~91270%		5.~~87342~~87213%		5.~~88584~~87487%		5.~~84278~~84293%		5.~~86730~~86341%
Weighted Average Months to Maturity Original						359		359		357		358		358
Weighted Average Months to Maturity Prior						~~357~~356		~~358~~357		~~356~~355		~~357~~356		~~357~~356
Weighted Average Months to Maturity Current						~~356~~355		~~357~~356		~~355~~354		~~356~~355		~~356~~355
Weighted Avg Remaining Amortization Term Original						359		359		357		358		358
Weighted Avg Remaining Amortization Term Prior						~~357~~356		~~358~~357		~~356~~355		~~357~~356		~~357~~356
Weighted Avg Remaining Amortization Term Current						~~356~~355		~~357~~356		~~355~~354		~~356~~355		~~356~~355
Weighted Average Seasoning Original						1.49		1.31		2.53		2.18		2.17
Weighted Average Seasoning Prior						23.4950		23.3128		34.5152		34.1612		34.1514
Weighted Average Seasoning Current						34.50		34.2827		45.5250		45.12		45.1413
Page 8 of 28
IndyMac INDX Mortgage Loan Trust 2005-AR5
Mortgage Pass-Through Certificates
2005-AR5
June 27, 2005 Distribution
July 25, 2005 Distribution
ARM CHARACTERISTICS
						Group 4		Group 3		Group 2		Group 1		Total
Weighted Average Margin Original						2.71982%		2.77468%		2.66596%		2.74422%		2.71646%
Weighted Average Margin Prior						2.71981%		2.~~77274~~77321%		2.~~66669~~66993%		2.~~74484~~74251%		2.~~71678~~71675%
Weighted Average Margin Current						2.~~71981~~71951%		2.~~77321~~77351%		2.~~66993~~66692%		2.~~74251~~74332%		2.~~71675~~71565%
Weighted Average Max Rate Original						5.95826%		6.00000%		5.81176%		5.98530%		5.91984%
Weighted Average Max Rate Prior						5.~~95826~~95825%		6.00000%		5.~~81296~~81924%		5.~~98503~~98508%		5.~~92013~~92194%
Weighted Average Max Rate Current						5.~~95825~~95784%		6.00000%		5.~~81924~~81612%		5.~~98508~~98446%		5.~~92194~~91982%
Weighted Average Min Rate Original						2.71982%		2.77468%		2.66596%		2.74422%		2.71646%
Weighted Average Min Rate Prior						2.71981%		2.~~77274~~77321%		2.~~66669~~66993%		2.~~74484~~74251%		2.~~71678~~71675%
Weighted Average Min Rate Current						2.~~71981~~71951%		2.~~77321~~77351%		2.~~66993~~66692%		2.~~74251~~74332%		2.~~71675~~71565%
Weighted Average Cap Up Original						1.76142%		1.77972%		1.65609%		1.67635%		1.68590%
Weighted Average Cap Up Prior						1.~~76140~~76137%		1.~~78518~~78070%		1.~~65688~~66285%		1.~~67442~~67877%		1.~~68610~~68981%
Weighted Average Cap Up Current						1.~~76137~~75902%		1.~~78070~~77467%		1.~~66285~~65916%		1.~~67877~~68284%		1.~~68981~~68935%
Weighted Average Cap Down Original						1.76142%		1.77972%		1.65609%		1.67635%		1.68590%
Weighted Average Cap Down Prior						1.~~76140~~76137%		1.~~78518~~78070%		1.~~65688~~66285%		1.~~67442~~67877%		1.~~68610~~68981%
Weighted Average Cap Down Current						1.~~76137~~75902%		1.~~78070~~77467%		1.~~66285~~65916%		1.~~67877~~68284%		1.~~68981~~68935%
SERVICING FEES & ADVANCES
							Group 4		Group 3		Group 2		Group 1		Total
Current Servicing Fees						32,~~120~~851.1628		4,~~202~~932.7857		1213,~~165~~519.1490		1918,~~735~~179.7343		39,~~223~~483.8018
Delinquent Servicing Fees						8,~~214~~370.1522		1311,~~270~~897.1168		4845,~~147~~474.9845		5048,~~257~~993.7169		~~119~~114,~~889~~736.9504
TOTAL SERVICING FEES						11,~~334~~221.3050		1716,~~472~~830.8925		6058,~~313~~994.1235		6967,~~993~~173.4311		~~159~~154,~~113~~219.7421
Total Servicing Fees						11,~~334~~221.3050		1716,~~472~~830.8925		6058,~~313~~994.1235		6967,~~993~~173.4311		~~159~~154,~~113~~219.7421
Compensating Interest						-0506.0086		-~~1,519~~410.9959		-2,~~981~~163.7066		-43,~~577~~995.9347		-97,~~079~~076.6259
Delinquent Servicing Fees						-8,~~214~~370.1522		-1311,~~270~~897.1168		-4845,~~147~~474.9845		-5048,~~257~~993.7169		-~~119~~114,~~889~~736.9504
COLLECTED SERVICING FEES						32,~~120~~344.1641		24,~~682~~521.7998		911,~~183~~356.4324		1514,~~157~~183.8096		3032,~~144~~406.1858
Total Advanced Interest						~~122~~124,~~317~~109.5900		~~195~~175,~~845~~485.9578		~~706~~665,~~207~~342.1489		~~734~~715,~~340~~759.8829		1,~~758~~680,~~711~~696.5696
Total Advanced Principal						54,~~357~~573.8477		4,~~657~~801.1634		1816,~~234~~691.0874		15,~~186~~740.5519		4341,~~435~~807.6304
Aggregate Advances with respect to this Distribution						~~127~~128,~~675~~682.4377		~~200~~180,~~503~~287.1112		~~724~~682,~~441~~034.2263		~~749~~731,~~527~~499.4348		1,~~802~~722,~~147~~504.1800
ADDITIONAL COLLATERAL INFORMATION
						Group 4		Group 3		Group 2		Group 1		Total
Prepayment Interest Shortfall (PPIS)						0506.0086		~~1,519~~410.9959		2,~~981~~163.7066		43,~~577~~995.9347		97,~~079~~076.6258
Compensating Interest						-0506.0086		-~~1,519~~410.9959		-2,~~981~~163.7066		-43,~~577~~995.9347		-97,~~079~~076.6259
Net Prepayment Interest Shortfall (PPIS)						0.00		0.00		0.00		0.00		0.00
Weighted Average Net Mortgage Rate						5.~~518482~~520530%		5.~~472455~~470425%		5.~~480049~~469703%		5.~~431495~~430398%
Page 9 of 28
IndyMac INDX Mortgage Loan Trust 2005-AR5
Mortgage Pass-Through Certificates
2005-AR5
June 27, 2005 Distribution
July 25, 2005 Distribution
Delinquency Report
	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				76,~~842~~985,~~672~~070.7573		1396,~~005,363~~000.9600		~~419~~187,000.00		97,~~267~~568,~~036~~070.7173
			% Balance				1.5946%		0.2008%		0.0804%		1.8858%
			# Loans				2730		2		21		3133
			% # Loans				1.5274%		0.1112%		0.1106%		1.7591%
	FORECLOSURE		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	BANKRUPTCY		Balance		0184,356.0058		~~126,879~~0.5700		0126,761.0073		0.00		~~126~~311,~~879~~118.5731
			% Balance		0.0004%		0.0300%		0.0003%		0.00%		0.0307%
			# Loans		01		10		01		0		12
			% # Loans		0.0006%		0.0600%		0.0006%		0.00%		0.0612%
	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		0184,356.0058		76,~~969~~985,~~552~~070.3273		1522,~~005,363~~761.9673		~~419~~187,000.00		97,~~393~~879,~~916~~189.2804
			% Balance		0.0004%		1.6146%		0.2011%		0.0804%		1.9065%
			# Loans		01		2830		23		21		3235
			% # Loans		0.0006%		1.5874%		0.1117%		0.1106%		12.8002%
Page 10 of 28
IndyMac INDX Mortgage Loan Trust 2005-AR5
Mortgage Pass-Through Certificates
2005-AR5
June 27, 2005 Distribution
July 25, 2005 Distribution
	GROUP 1
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				2,~~336~~590,~~541~~886.9985		~~437~~396,~~363~~000.9600		~~419~~187,000.00		3,~~192~~173,~~905~~886.9585
			% Balance				1.0924%		0.2019%		0.1909%		1.4952%
			# Loans				912		12		21		1215
			% # Loans				1.2166%		0.1328%		0.2714%		12.6207%
	FORECLOSURE		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	BANKRUPTCY		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	REO		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		0.00		2,~~336~~590,~~541~~886.9985		~~437~~396,~~363~~000.9600		~~419~~187,000.00		3,~~192~~173,~~905~~886.9585
			% Balance		0.00%		1.0924%		0.2019%		0.1909%		1.4952%
			# Loans		0		912		12		21		1215
			% # Loans		0.00%		1.2166%		0.1328%		0.2714%		12.6207%
Page 11 of 28
IndyMac INDX Mortgage Loan Trust 2005-AR5
Mortgage Pass-Through Certificates
2005-AR5
June 27, 2005 Distribution
July 25, 2005 Distribution
	GROUP 2
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				2,~~657~~423,~~520~~536.5163		0.00		0.00		2,~~657~~423,~~520~~536.5163
			% Balance				1.4132%		0.00%		0.00%		1.4132%
			# Loans				9		0		0		9
			% # Loans				1.3438%		0.00%		0.00%		1.3438%
	FORECLOSURE		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	BANKRUPTCY		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	REO		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		0.00		2,~~657~~423,~~520~~536.5163		0.00		0.00		2,~~657~~423,~~520~~536.5163
			% Balance		0.00%		1.4132%		0.00%		0.00%		1.4132%
			# Loans		0		9		0		0		9
			% # Loans		0.00%		1.3438%		0.00%		0.00%		1.3438%
Page 12 of 28
IndyMac INDX Mortgage Loan Trust 2005-AR5
Mortgage Pass-Through Certificates
2005-AR5
June 27, 2005 Distribution
July 25, 2005 Distribution
	GROUP 3
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				1702,~~751,710~~126.2539		~~568,000~~0.00		0.00		2702,~~319,710~~126.2539
			% Balance				31.2537%		10.0500%		0.00%		41.3137%
			# Loans				54		10		0		64
			% # Loans				21.4098%		0.4800%		0.00%		21.8898%
	FORECLOSURE		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	BANKRUPTCY		Balance		0184,356.0058		~~126,879~~0.5700		0126,761.0073		0.00		~~126~~311,~~879~~118.5731
			% Balance		0.0036%		0.2400%		0.0025%		0.00%		0.2461%
			# Loans		01		10		01		0		12
			% # Loans		0.0050%		0.4800%		0.0050%		0.00%		0.4899%
	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		0184,356.0058		1702,~~878,589~~126.8239		~~568~~126,~~000~~761.0073		0.00		21,~~446~~013,~~589~~244.8270
			% Balance		0.0036%		31.4937%		10.0525%		0.00%		41.5498%
			# Loans		01		64		1		0		76
			% # Loans		0.0050%		21.8898%		0.4850%		0.00%		32.3797%
Page 13 of 28
IndyMac INDX Mortgage Loan Trust 2005-AR5
Mortgage Pass-Through Certificates
2005-AR5
June 27, 2005 Distribution
July 25, 2005 Distribution
	GROUP 4
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				#######		0.00		0.00		1,~~096~~268,~~900~~520.0086
			% Balance				3.0562%		0.00%		0.00%		3.0562%
			# Loans				45		0		0		45
			% # Loans				23.6031%		0.00%		0.00%		23.6031%
	FORECLOSURE		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	BANKRUPTCY		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	REO		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		0.00		1,~~096~~268,~~900~~520.0086		0.00		0.00		1,~~096~~268,~~900~~520.0086
			% Balance		0.00%		3.0562%		0.00%		0.00%		3.0562%
			# Loans		0		45		0		0		45
			% # Loans		0.00%		23.6031%		0.00%		0.00%		23.6031%
Page 14 of 28
IndyMac INDX Mortgage Loan Trust 2005-AR5
Mortgage Pass-Through Certificates
2005-AR5
June 27, 2005 Distribution
July 25, 2005 Distribution
ADDITIONAL DELINQUENCY REPORTING
							# of Accounts			Principal Balance			% of Total
30-59 Days Delinquent								2830		$76,~~969~~985,~~552~~070.3273				1.6146%
60-89 Days Delinquent								23		$1522,~~005,363~~761.9673				0.2011%
90 or more Days Delinquent								21		$~~419~~187,000.00				0.0804%
Aggregate								3234		$97,~~393~~694,~~916~~832.2846				1.9061%
The above statistics include Mortgage Loans in foreclosure but exclude REO properties
							# of Accounts			Principal Balance			% of Total
Loans in foreclosure proceedings							0			$0.00				0.00%
Loans in bankruptcy proceedings								12		$~~126~~311,~~879~~118.5731				0.0307%
REO Properties							0			$0.00				0.00%
Delinquency
Category							Loan Count			Stated Balance			% of Total
0							1,~~743~~695			$~~484~~470,~~107~~451,~~590~~853.6054				98.1039%
30							2830			$76,~~969~~985,~~552~~070.3273				1.6146%
60							23			$1522,~~005,363~~761.9673				0.2011%
90							21
										$419,000.00				0.08%
										$187,000.00				0.04%
FC							0			$0.00				0.00%
REO							0			$0.00				0.00%
Total							1,~~775~~729			$~~493~~478,~~501~~146,~~506~~686.8800				100.00%
*The above amounts include Bankruptcies. Total Bankruptcies for the period were:
BK								12		$~~126~~311,~~879~~118.5731				0.0307%
Page 15 of 28
IndyMac INDX Mortgage Loan Trust 2005-AR5
Mortgage Pass-Through Certificates
2005-AR5
June 27, 2005 Distribution
July 25, 2005 Distribution
REO Report
Loan Number			Original		Stated				Current		State &
														First
&			Principal		Principal		Paid to		Note		LTV at		Original		Payment
Loan Group			Balance		Balance		Date		Rate		Origination		Term		Date
TOTAL
Page 16 of 28
IndyMac INDX Mortgage Loan Trust 2005-AR5
Mortgage Pass-Through Certificates
2005-AR5
June 27, 2005 Distribution
July 25, 2005 Distribution
Foreclosure Report
Loan Number			Original		Stated				Current		State &
														First
&			Principal		Principal		Paid to		Note		LTV at		Original		Payment
Loan Group			Balance		Balance		Date		Rate		Origination		Term		Date
TOTAL
Page 17 of 28
IndyMac INDX Mortgage Loan Trust 2005-AR5
Mortgage Pass-Through Certificates
2005-AR5
June 27, 2005 Distribution
July 25, 2005 Distribution
Prepayment Report
VOLUNTARY PREPAYMENTS
							Group 4		Group 3		Group 2		Group 1		Total
Current
Number of Paid in Full Loans						23		76		1217		2219		4345
Number of Repurchased Loans						0		0		01		0		01
Total Number of Loans Prepaid in Full						23		76		1218		2219		4346
Curtailments Amount						38,~~140~~223.9015		14,~~402~~272.5721		2661,~~036~~235.5917		20302,~~337~~271.5672		50376,~~917~~002.6225
Paid in Full Balance						~~351~~872,~~180~~373.0008		2,~~047~~630,~~953~~409.6025		4,~~173~~852,~~690~~696.9453		86,~~981~~363,~~373~~659.2269		1514,~~554~~719,~~197~~138.7655
Repurchased Loans Balance						0.00		0.00		0205,300.00		0.00		0205,300.00
Total Prepayment Amount						~~354~~880,~~320~~596.9023		2,~~049~~634,~~356~~681.1746		45,~~199~~119,~~727~~231.5370		96,~~001~~665,~~710~~931.7841		15,~~605~~300,~~115~~440.3880
Cumulative
Number of Paid in Full Loans						25		1218		2542		5574		94139
Number of Repurchased Loans						0		0		12		1		23
Total Number of Loans Prepaid in Full						25		1218		2644		5675		96142
Paid in Full Balance						~~351~~1,~~180~~223,553.0008		36,~~612~~242,~~201~~610.6085		813,~~617~~470,~~802~~499.5710		1925,~~347~~711,~~843~~502.2695		3146,~~929~~648,~~027~~165.4398
Repurchased Loans Balance						0.00		0.00		~~149~~355,~~999~~299.98		247,728.28		~~397~~603,~~728~~028.26
Curtailments Amount						816,~~107~~330.4661		26,~~326~~599.8001		50111,~~553~~788.7794		39342,~~944~~216.4921		~~100~~476,~~932~~934.5277
Total Prepayment Amount						~~359~~1,~~287~~239,883.4669		36,~~614~~249,~~528~~209.4086		813,~~818~~937,~~356~~588.3202		1926,~~635~~301,~~516~~447.0344		3247,~~427~~728,~~688~~129.2101
Page 18 of 28
IndyMac INDX Mortgage Loan Trust 2005-AR5
Mortgage Pass-Through Certificates
2005-AR5
June 27, 2005 Distribution
July 25, 2005 Distribution
VOLUNTARY PREPAYMENTS RATES
							Group 4		Group 3		Group 2		Group 1		Total
SMM						02.9845%		34.6789%		2.1871%		43.0210%		3.0710%
3 Months Avg SMM						01.3315%		23.1454%		1.5197%		23.8730%		2.1067%
12 Months Avg SMM						0.3387%		2.1484%		1.5181%		2.8793%		2.1035%
Avg SMM Since Cut-off						0.3387%		2.1484%		1.5181%		2.8793%		2.1035%
CPR						1125.1177%		3645.1223%		2328.2110%		3831.8848%		31.1748%
3 Months Avg CPR						312.9099%		2235.8811%		1621.6926%		2933.5018%		2227.4775%
12 Months Avg CPR						39.9091%		2229.8820%		1619.6970%		2930.5000%		2224.4783%
Avg CPR Since Cut-off						39.9091%		2229.8820%		1619.6970%		2930.5000%		2224.4783%
PSA						12,~~588~~863.5161%		5,~~508~~299.3100%		2,~~564~~556.6157%		43,~~718~~071.3787%		3,~~767~~068.2107%
3 Months Avg PSA Approximation						~~782~~1,856.2597%		45,~~972~~342.9845%		2,~~370~~356.3841%		4,~~677~~012.3495%		3,~~564~~351.2997%
12 Months Avg PSA Approximation						~~782~~1,653.2572%		45,~~972~~229.9832%		2,~~370~~453.3898%		4,~~677~~114.3407%		3,~~564~~404.2923%
Avg PSA Since Cut-off Approximation						~~782~~1,653.2673%		45,~~972~~229.9931%		2,~~370~~453.3998%		4,~~677~~114.3407%		3,~~564~~404.2922%
Page 19 of 28
IndyMac INDX Mortgage Loan Trust 2005-AR5
Mortgage Pass-Through Certificates
2005-AR5
June 27, 2005 Distribution
July 25, 2005 Distribution
PREPAYMENT CALCULATION METHODOLOGY
Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases + Liquidations )/(Beg Principal Balance - Sched Principal) Conditional Prepayment Rate (CPR): 1-((1-SMM)^12) PSA Standard Prepayment Model: CPR/(0.002min(30,WAS)) Average SMM over period between nth month and mth month (AvgSMMn,m): [(1-SMMn)(1-SMMn+1)...(1-SMMm)]^(1/months in period n,m) Conditional Prepayment Rate (CPR): 1-((1-SMM)^12) Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.002*Avg WASn,m)) Average WASn,m: (min(30,WASn)+min(30,WASn+1)+...+min(30,WASm)/(number of months in the period n,m) Weighted Average Seasoning (WAS) Dates correspond to distribution dates. Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments, liquidations, and repurchases.
Page 20 of 28
IndyMac INDX Mortgage Loan Trust 2005-AR5
Mortgage Pass-Through Certificates
2005-AR5
June 27, 2005 Distribution
July 25, 2005 Distribution
Prepayment Detail Report
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment
Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date
3793769 1			194,600.00		194,600.00			19-May-2005		5.125%		FL - 83.52%		Paid Off - 360		01-Aug-2004
3793674 1			210,000.00		210,000.00			16-Jun-2005		4.875%		FL - 79.25%		Paid Off - 360		01-Aug-2004
3866386 1			180,060.00		180,059.98			09-Jun-2005		5.875%		NV - 80.00%		Paid Off - 360		01-Mar-2005
120160360 2			222,400.00		220,239.57			13-Jul-2005		6.250%		MN - 94.99%		Paid Off - 360		01-Sep-2004
3958164 1			1,635,000.00		1,635,000.00			08-Jun-2005		5.875%		CA - 59.46%		Paid Off - 360		01-Nov-2004
120167116 2			333,700.00		333,415.01			01-Jul-2005		4.750%		SC - 73.34%		Paid Off - 360		01-Oct-2004
120164082 1			288,000.00		288,000.00			31-May-2005		5.125%		VA - 80.00%		Paid Off - 360		01-Sep-2004
120168577 1			270,000.00		270,000.00			15-Jul-2005		6.000%		WA - 79.41%		Paid Off - 360		01-Nov-2004
120167624 2			152,400.00		150,714.10			17-May-2005		5.375%		IL - 80.00%		Paid Off - 360		01-Sep-2004
120185008 4			404,000.00		402,260.22			06-Jul-2005		5.625%		MA - 80.00%		Paid Off - 360		01-Mar-2005
120320458 2			163,560.00		163,559.99			26-May-2005		5.875%		NV - 80.00%		Paid Off - 360		01-Mar-2005
120222675 2			220,000.00		219,850.00			20-Jun-2005		5.875%		CA - 57.90%		Paid Off - 360		01-Jan-2005
120331566 1			146,000.00		145,177.80			03-Jun-2005		6.375%		FL - 92.99%		Paid Off - 360		01-Dec-2004
120371352 2			85,000.00		84,974.87			30-Jun-2005		6.375%		VA - 94.97%		Paid Off - 360		01-Nov-2004
120475639 1			340,000.00		338,249.71			01-Jun-2005		5.875%		CA - 80.00%		Paid Off - 360		01-Jan-2005
120372907 1			118,845.00		118,845.00			01-Jul-2005		4.875%		FL - 95.00%		Paid Off - 360		01-Nov-2004
120478768 3			326,250.00		326,250.00			13-Jun-2005		5.875%		CA - 75.00%		Paid Off - 360		01-Dec-2004
120413837 2			308,000.00		307,967.18			07-Jul-2005		5.625%		CA - 80.00%		Paid Off - 360		01-Jan-2005
120490001 1			104,000.00		103,866.56			19-May-2005		5.875%		MT - 80.00%		Paid Off - 360		01-Dec-2004
120654047 2			169,000.00		167,593.14			01-Jul-2005		5.125%		CA - 62.83%		Paid Off - 360		01-Dec-2004
120523312 1			180,000.00		180,000.00			01-Jun-2005		7.250%		ID - 80.00%		Paid Off - 360		01-Dec-2004
120660550 3			620,000.00		620,000.00			27-Jun-2005		4.875%		HI - 53.45%		Paid Off - 360		01-Apr-2005
120548299 3			420,000.00		418,479.74			16-May-2005		5.000%		OR - 71.43%		Paid Off - 360		01-Mar-2005
120677359 3			205,470.00		205,470.00			28-Jun-2005		6.250%		AR - 90.00%		Paid Off - 360		01-Feb-2005
120611873 1			324,211.00		324,211.00			17-May-2005		5.500%		OH - 85.00%		Paid Off - 360		01-Mar-2005
120690563 2			532,000.00		532,000.00			29-Jun-2005		6.500%		NY - 80.00%		Paid Off - 360		01-Feb-2005
120629872 2			587,150.00		587,150.00			27-May-2005		6.000%		CA - 79.99%		Paid Off - 360		01-Apr-2005
120728587 2			419,219.00		419,218.99			28-Jun-2005		5.875%		CA - 80.00%		Paid Off - 360		01-Feb-2005
120661943 1			204,000.00		204,000.00			26-May-2005		4.500%		WA - 49.76%		Paid Off - 360		01-Mar-2005
120729049 1			335,450.00		335,376.30			28-Jun-2005		5.250%		CA - 80.00%		Paid Off - 360		01-Apr-2005
120673000 1			433,000.00		433,000.00			07-Jun-2005		5.625%		CT - 78.73%		Paid Off - 360		01-Mar-2005
120737692 1			393,750.00		393,750.00			01-Jul-2005		5.750%		FL - 75.00%		Paid Off - 360		01-Apr-2005
120676029 2			230,400.00		229,796.77			09-Jun-2005		5.875%		SC - 80.00%		Paid Off - 360		01-Feb-2005
120740765 2			295,261.00		295,261.00			15-Jul-2005		5.500%		MO - 80.00%		Paid Off - 360		01-Feb-2005
120680810 2			349,594.00		349,594.00			23-May-2005		5.750%		CA - 80.00%		Paid Off - 360		01-Mar-2005
120746412 1			280,800.00		280,786.92			22-Jun-2005		4.875%		CO - 77.78%		Paid Off - 360		01-Mar-2005
120686074 2			399,600.00		399,600.00			07-Jun-2005		7.250%		CA - 90.00%		Paid Off - 360		01-Feb-2005
120750777 2			144,850.00		144,850.00			06-Jul-2005		6.250%		AZ - 79.98%		Paid Off - 360		01-Mar-2005
120757420 2			216,500.00		215,276.08			06-Jun-2005		5.375%		NY - 51.86%		Paid Off - 360		01-Jan-2005
120758282 1			215,920.00		215,917.69			15-Jul-2005		6.625%		GA - 80.00%		Paid Off - 360		01-Apr-2005
120790484 1			520,000.00		517,816.20			26-May-2005		5.125%		CA - 47.27%		Paid Off - 360		01-Mar-2005
120762413 2			187,150.00		187,026.79			14-Jul-2005		6.000%		FL - 95.00%		Paid Off - 360		01-Feb-2005
120794261 1			318,400.00		318,399.46			15-Jun-2005		6.125%		VA - 80.00%		Paid Off - 360		01-Mar-2005
120766155 2			81,500.00		81,500.00			27-Jun-2005		5.625%		MO - 76.53%		Paid Off - 360		01-Feb-2005
120822289 3			125,100.00		124,750.55			24-May-2005		6.375%		CO - 90.00%		Paid Off - 360		01-Mar-2005
120769458 3			324,000.00		323,094.94			15-Jul-2005		6.375%		CA - 80.00%		Paid Off - 360		01-Apr-2005
120830973 2			152,000.00		152,000.00			06-Jun-2005		6.875%		FL - 80.00%		Paid Off - 360		01-Apr-2005
120771590 1			140,000.00		140,000.00			16-Jun-2005		6.500%		IL - 80.00%		Paid Off - 360		01-Mar-2005
120831049 1			250,700.00		250,700.00			27-May-2005		6.875%		MD - 79.97%		Paid Off - 360		01-Apr-2005
120786807 1			372,000.00		371,289.79			11-Jul-2005		9.875%		MD - 80.00%		Paid Off - 360		01-Mar-2005
120841061 3			325,000.00		324,973.31			03-Jun-2005		5.625%		CA - 67.01%		Paid Off - 360		01-Mar-2005
120799768 1			240,000.00		239,924.20			12-Jul-2005		6.375%		CA - 80.00%		Paid Off - 360		01-Mar-2005
120855227 3			284,000.00		284,000.00			19-May-2005		6.375%		MD - 80.00%		Paid Off - 360		01-Mar-2005
120811839 3			568,000.00		568,000.00			12-Jul-2005		7.750%		NV - 80.00%		Paid Off - 360		01-Mar-2005
120855566 1			372,000.00		371,959.84			01-Jun-2005		7.250%		NY - 80.00%		Paid Off - 360		01-Apr-2005
120839524 1			607,200.00		607,200.00			07-Jul-2005		5.875%		CA - 80.00%		Paid Off - 360		01-Mar-2005
120856937 1			384,000.00		384,000.00			24-May-2005		7.375%		CA - 80.00%		Paid Off - 360		01-Apr-2005
120839607 2			415,000.00		415,000.00			01-Jul-2005		6.250%		CA - 48.82%		Paid Off - 360		01-May-2005
120866426 3			365,500.00		365,500.00			02-Jun-2005		6.750%		CA - 72.38%		Paid Off - 360		01-Apr-2005
120846633 2			92,800.00		92,800.00			30-Jun-2005		6.750%		UT - 80.00%		Paid Off - 360		01-Apr-2005
120866642 4			175,180.00		175,180.00			15-Jun-2005		6.125%		FL - 95.00%		Paid Off - 360		01-Apr-2005
120853186 1			400,000.00		398,356.71			16-Jun-2005		5.875%		CA - 67.23%		Paid Off - 360		01-Mar-2005
120883718 2			476,000.00		476,000.00			15-Jun-2005		5.875%		GA - 75.56%		Paid Off - 360		01-Mar-2005
120866072 1			437,364.00		437,363.96			13-Jul-2005		5.750%		CA - 80.00%		Paid Off - 360		01-Mar-2005
120886534 1			242,400.00		241,624.67			24-May-2005		6.125%		KS - 80.00%		Paid Off - 360		01-Mar-2005
120868380 2			403,000.00		402,999.98			24-Jun-2005		6.750%		CA - 67.17%		Paid Off - 360		01-Jan-2005
120913265 4			176,000.00		176,000.00			07-Jun-2005		5.250%		FL - 80.00%		Paid Off - 360		01-Apr-2005
120879454 1			384,000.00		384,000.00			14-Jul-2005		5.625%		CA - 80.00%		Paid Off - 360		01-Apr-2005
120918007 1			361,908.00		361,908.00			20-May-2005		6.125%		CA - 80.00%		Paid Off - 360		01-Apr-2005
120879649 4			221,000.00		220,579.51			14-Jul-2005		6.250%		AZ - 79.97%		Paid Off - 360		01-Apr-2005
120918642 3			204,000.00		204,000.00			01-Jun-2005		5.825%		CA - 80.00%		Paid Off - 360		01-Apr-2005
120898147 2			528,000.00		528,000.00			21-Jun-2005		6.125%		CA - 80.00%		Paid Off - 360		01-Mar-2005
120930976 1			338,800.00		338,800.00			09-Jun-2005		6.750%		CA - 80.00%		Paid Off - 360		01-Apr-2005
120909333 1			296,720.00		296,720.00			30-Jun-2005		5.500%		DC - 80.00%		Paid Off - 360		01-Mar-2005
Page 21 of 28
IndyMac INDX Mortgage Loan Trust 2005-AR5
Mortgage Pass-Through Certificates
2005-AR5
June 27, 2005 Distribution
July 25, 2005 Distribution
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment
Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date
120942189 1			320,000.00		320,000.00			19-May-2005		5.750%		CA - 80.00%		Paid Off - 360		01-Apr-2005
120913929 3			321,350.00		321,350.00			06-Jul-2005		4.625%		FL - 67.65%		Paid Off - 360		01-Mar-2005
120944341 2			488,000.00		488,000.00			16-May-2005		9.125%		CA - 80.00%		Paid Off - 360		01-Apr-2005
120915587 3			594,000.00		592,494.31			06-Jul-2005		6.875%		FL - 75.00%		Paid Off - 360		01-Apr-2005
120958086 2			550,000.00		550,000.00			14-Jun-2005		5.875%		CA - 61.11%		Paid Off - 360		01-Apr-2005
120918934 1			604,000.00		602,392.46			16-Jun-2005		6.625%		HI - 80.00%		Paid Off - 360		01-Apr-2005
120987052 1			1,450,000.00		1,450,000.00			31-May-2005		5.250%		CA - 58.00%		Paid Off - 360		01-Mar-2005
120922812 1			297,588.00		297,588.00			27-Jun-2005		6.375%		CA - 80.00%		Paid Off - 360		01-Apr-2005
120997058 1			400,000.00		400,000.00			16-May-2005		5.125%		HI - 72.73%		Paid Off - 360		01-Mar-2005
120923451 4			250,500.00		249,533.35			16-Jun-2005		5.250%		CA - 58.26%		Paid Off - 360		01-Apr-2005
121033956 2			412,000.00		412,000.00			15-Jun-2005		5.875%		MD - 80.00%		Paid Off - 360		01-Apr-2005
120926843 1			361,000.00		360,170.85			30-Jun-2005		7.375%		IL - 95.00%		Paid Off - 360		01-Apr-2005
TOTAL			15,565,313.00		15,554,197.76
120935992 1			404,000.00		403,977.81			01-Jul-2005		5.875%		CA - 80.00%		Paid Off - 360		01-Apr-2005
120955046 2			420,000.00		420,000.00			15-Jul-2005		6.750%		CA - 42.64%		Paid Off - 360		01-Mar-2005
120164255 2			205,300.00		205,300.00			16-Jun-2005		4.625%		GA - 79.98%		Repur/Subs - 360		01-Aug-2004
TOTAL			14,939,137.00		14,924,438.55
Page 22 of 28
IndyMac INDX Mortgage Loan Trust 2005-AR5
Mortgage Pass-Through Certificates
2005-AR5
June 27, 2005 Distribution
July 25, 2005 Distribution
Realized Loss Report
COLLATERAL REALIZED LOSSES
							Group 4		Group 3		Group 2		Group 1		Total
Current
Number of Loans Liquidated						0		0		0		0		0
Collateral Principal Realized Loss/(Gain) Amount						0.00		0.00		0.00		0.00		0.00
Collateral Interest Realized Loss/(Gain) Amount						0.00		0.00		0.00		0.00		0.00
Net Liquidation Proceeds						0.00		0.00		0.00		0.00		0.00
Cumulative
Number of Loans Liquidated						0		0		0		0		0
Collateral Realized Loss/(Gain) Amount						0.00		0.00		0.00		0.00		0.00
Net Liquidation Proceeds						0.00		0.00		0.00		0.00		0.00
		Special Hazard Loss Coverage Amt														54,~~091~~935,~~639~~015.7607
		Fraud Loss Coverage Amt														28,480,045.00
		Bankruptcy Loss Coverage Amt														231,909.00
Page 23 of 28
IndyMac INDX Mortgage Loan Trust 2005-AR5
Mortgage Pass-Through Certificates
2005-AR5
June 27, 2005 Distribution
July 25, 2005 Distribution
DEFAULT SPEEDS
							Group 4		Group 3		Group 2		Group 1		Total
MDR						0.00%		0.00%		0.00%		0.00%		0.00%
3 Months Avg MDR						0.00%		0.00%		0.00%		0.00%		0.00%
12 Months Avg MDR						0.00%		0.00%		0.00%		0.00%		0.00%
Avg MDR Since Cut-off						0.00%		0.00%		0.00%		0.00%		0.00%
CDR						0.00%		0.00%		0.00%		0.00%		0.00%
3 Months Avg CDR						0.00%		0.00%		0.00%		0.00%		0.00%
12 Months Avg CDR						0.00%		0.00%		0.00%		0.00%		0.00%
Avg CDR Since Cut-off						0.00%		0.00%		0.00%		0.00%		0.00%
SDA						0.00%		0.00%		0.00%		0.00%		0.00%
3 Months Avg SDA Approximation						0.00%		0.00%		0.00%		0.00%		0.00%
12 Months Avg SDA Approximation						0.00%		0.00%		0.00%		0.00%		0.00%
Avg SDA Since Cut-off Approximation						0.00%		0.00%		0.00%		0.00%		0.00%
Loss Severity Approximation for Current Period						0.00%		0.00%		0.00%		0.00%		0.00%
3 Months Avg Loss Severity Approximation						0.00%		0.00%		0.00%		0.00%		0.00%
12 Months Avg Loss Severity Approximation						0.00%		0.00%		0.00%		0.00%		0.00%
Avg Loss Severity Approximation Since Cut-off						0.00%		0.00%		0.00%		0.00%		0.00%
Page 24 of 28
IndyMac INDX Mortgage Loan Trust 2005-AR5
Mortgage Pass-Through Certificates
2005-AR5
June 27, 2005 Distribution
July 25, 2005 Distribution
COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY
	Monthly Default Rate (MDR): (Beg Principal Balance of Liquidated Loans)/(Total Beg Principal Balance)
	Conditional Default Rate (CDR): 1-((1-MDR)^12)
	SDA Standard Default Assumption: CDR/IF(WAS<61,MIN(30,WAS)0.02,MAX(0.03,MIN(30,WAS)0.02-0.0095*(WAS-60)))
	Average MDR over period between nth month and mth month (AvgMDRn,m): [(1-MDRn)(1-MDRn+1)...*(1-MDRm)]^(1/months in period n,m)
	Average CDR over period between the nth month and mth month (AvgCDRn,m): 1-((1-AvgMDRn,m)^12)
	Average SDA Approximation over period between the nth month and mth month:
	AvgCDRn,m/IF(Avg WASn,m<61,MIN(30,Avg WASn,m)0.02,MAX(0.03,MIN(30,Avg WASn,m)0.02-0.0095*(Avg WASn,m-60)))
	Average WASn,m: (WASn + WASn+1 +...+ WASm )/(number of months in the period n,m)
	Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)
	Average Loss Severity Approximation over period between nth month and mth month: Avg(Loss Severityn,m)
	Note: Default rates are calculated since deal issue date and include realized gains and additional realized losses and gains from prior periods.
	Dates correspond to distribution dates.
Page 25 of 28
IndyMac INDX Mortgage Loan Trust 2005-AR5
Mortgage Pass-Through Certificates
2005-AR5
June 27, 2005 Distribution
July 25, 2005 Distribution
Realized Loss Detail Report
Loan Number			Current		State &				Prior		Realized				Cumulative
&		Loan	Note		LTV at		Original		Principal		Loss/(Gain)		Realized		Realized
Loan Group		Status	Rate		Origination		Term		Balance		Revision		Loss/(Gain)		Loss/(Gain)
TOTAL
Page 26 of 28
IndyMac INDX Mortgage Loan Trust 2005-AR5
Mortgage Pass-Through Certificates
2005-AR5
June 27, 2005 Distribution
July 25, 2005 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS
						Group 4		Group 3		Group 2		Group 1		Total
						Has Optional Termination Date Reached (0=No,1=Yes)								0
						Has Sr. Credit Supp. Depletion Date Occured		0		0		0		0
						0
						Has Spl. Haz. Cov. Term. Date Occured (0=No,1=Yes)								0
						Has Fraud Loss Coverage Term. Date Occured								0
						Has Bankrpt Loss Cov. Term. Date Occured								0
ADJUSTABLE RATE CERTIFICATE INFORMATION
SPACE INTENTIONALLY LEFT BLANK
ADDITIONAL INFORMATION
						Group 4		Group 3		Group 2		Group 1		Total
Current Senior Percentage						92.~~148017~~070539%		91.~~929455~~622355%		91.~~814520~~632423%		91.~~785913~~441928%
Next Senior Percentage						9291.~~070539~~871162%		91.~~622355~~191386%		91.~~632423~~408522%		91.~~441928~~168012%
Current Subordinate Percentage						7.~~851983~~929461%		8.~~070545~~377645%		8.~~185480~~367577%		8.~~214087~~558072%
Next Subordinate Percentage						78.~~929461~~128838%		8.~~377645~~808614%		8.~~367577~~591478%		8.~~558072~~831988%
Senior Prepayment Percentage						100.000000%		100.000000%		100.000000%		100.000000%
Next Senior Prepayment Percentage						100.000000%		100.000000%		100.000000%		100.000000%
Subordinate Prepayment Percentage						0.000000%		0.000000%		0.000000%		0.000000%
Next Subordinate Prepayment Percentage						0.000000%		0.000000%		0.000000%		0.000000%
Page 27 of 28
IndyMac INDX Mortgage Loan Trust 2005-AR5
Mortgage Pass-Through Certificates
2005-AR5
June 27, 2005 Distribution
July 25, 2005 Distribution
Other Related Information
ADDITIONAL INFORMATION
						Group 4		Group 3		Group 2		Group 1		Total
Current Scheduled Payments						~~185~~182,~~289~~879.1325		~~280~~269,~~749~~852.2682		~~966~~943,~~977~~503.3320		1,~~113~~068,~~851~~687.1763		2,~~546~~464,~~866~~922.8991
Current Scheduled Payments 1 Month Prior						185,~~308~~289.9513		~~287~~280,~~691~~749.4226		~~976~~966,~~493~~977.3733		1,~~145~~113,~~191~~851.1917		2,~~594~~546,~~684~~866.9389
Current Scheduled Payments 2 Month Prior						185,~~318~~308.2295		~~289~~287,~~767~~691.5942		~~991~~976,~~359~~493.5037		1,~~166~~145,~~596~~191.9719		2,~~633~~594,~~042~~684.2893
Current Scheduled Payments 3 Month Prior						0185,318.0022		0289,767.0059		0991,359.0050		01,166,596.0097		02,633,042.0028
Current Scheduled Payments 4 Month Prior						0.00		0.00		0.00		0.00		0.00
Current Scheduled Payments 5 Month Prior						0.00		0.00		0.00		0.00		0.00
Current Scheduled Payments 6 Month Prior						0.00		0.00		0.00		0.00		0.00
Current Scheduled Payments 7 Month Prior						0.00		0.00		0.00		0.00		0.00
Current Scheduled Payments 8 Month Prior						0.00		0.00		0.00		0.00		0.00
Current Scheduled Payments 9 Month Prior						0.00		0.00		0.00		0.00		0.00
Current Scheduled Payments 10 Month Prior						0.00		0.00		0.00		0.00		0.00
Current Scheduled Payments 11 Month Prior						0.00		0.00		0.00		0.00		0.00
Sched. Payments for 60+Day Delinquent Loans						0.00		41,~~486~~786.6515		0.00		43,~~282~~058.6923		84,~~769~~844.3438
Sched. Pmts - 60+Day Delinquent Loans, 1 Month Prior						0.00		~~818~~4,486.3265		~~894~~0.7400		24,~~186~~282.9869		38,~~900~~769.0434
Sched. Pmts - 60+Day Delinquent Loans, 2 Month Prior						0.00		818.32		0894.0074		02,186.0098		~~818~~3,900.3204
Sched. Pmts - 60+Day Delinquent Loans, 3 Month Prior						0.00		0818.0032		0.00		0.00		0818.0032
Sched. Pmts - 60+Day Delinquent Loans, 4 Month Prior						0.00		0.00		0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 5 Month Prior						0.00		0.00		0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 6 Month Prior						0.00		0.00		0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 7 Month Prior						0.00		0.00		0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 8 Month Prior						0.00		0.00		0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 9 Month Prior						0.00		0.00		0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 10 Month Prior						0.00		0.00		0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 11 Month Prior						0.00		0.00		0.00		0.00		0.00
Next Period Pass Through Rate - Subordinated Classes														5.~~627910~~626810%
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
Class B-6 Writedown Amount
Page 28 of 28

Filing Compare · IndyMac INDX Mortgage Loan Trust 2005-AR5