IndyMac INDS Home Equity Mortgage Loan Trust 2007-2

Mortgage Pass-Through Certificates

April 25, 2007 Distribution

External Parties

Table of Contents

Page

Seller

1. Certificate Payment Report

IndyMac Bank, F.S.B.

2. Collection Account Report

3. Credit Enhancement Report

Servicer(s)

4. Collateral Report

IndyMac Bank, F.S.B.

5. Delinquency Report

6. REO Report

Underwriter(s)

7. Foreclosure Report

UBS Securities

8. Prepayment Report

9. Prepayment Detail Report

Insurer

10. Realized Loss Report

MBIA Insurance Corporation

11. Triggers and Adj. Cert. Report

12. Additional Certificate Report

Swap CounterParty

13. Other Related Information

Bear Stearns Fin. Products.Inc

Total Number of Pages

Dates

Contacts

Cut-Off Date:

March 01, 2007

Jennifer Hermansader

Close Date:

March 22, 2007

Administrator

First Distribution Date:

April 25, 2007

(714) 247-6258

Jennifer.Vandyne@db.com

Address:

Distribution Date:

April 25, 2007

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

Record Date:

March 30, 2007

Factor Information:

(800) 735-7777

April 24, 2007

Main Phone Number:

(714) 247-6000

Determination Date:

April 18, 2007

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

Page 1 of 27

IndyMac INDS Home Equity Mortgage Loan Trust 2007-2



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
April 25, 2007 Distribution

Certificate Payment Report
Current Period Distribution -
			Prior						Current
			Prior

	Class	Original	Principal			Total	Realized	Deferred	Principal

Class	Type	Face Value	Balance	Interest	Principal	Distribution	Loss	Interest	Balance
			(1)	(2)	(3)	(4)=(2)+(3)	(5)	(6)	(7)=(1)-(3)-(5)+(6)
A	SR	245,625,000.00	245,625,000.00	1,283,164.76	2,488,223.86	3,771,388.62	0.00	0.00	243,136,776.14
A	SR	245,625,000.00	245,625,000.00	1,283,164.76	2,488,223.86	3,771,388.62	0.00	0.00	243,136,776.14
C	NOF	4,374,849.17	4,374,849.17	0.00	0.00	0.00	0.00	823,421.39	5,198,270.56
P	NOF	100.00	100.00	6,467.83	0.00	6,467.83	0.00	0.00	100.00
R	NOF/NPR	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00





Total		249,999,949.17	249,999,949.17	1,289,632.59	2,488,223.86	3,777,856.45	0.00	823,421.39	248,335,146.70
Total




Interest Accrual Detail Current Period Factor Information per $1,000 of Original Face Value
					Orig. Principal	Prior				Current
					Orig. Principal	Prior				Current
	Period	Period			(with Notional)	Principal			Total	Principal
Class	Starting	Ending	Method	Cusip	Balance	Balance	Interest	Principal	Distribution	Balance
			Method
					(1)	(1)	(2)	(3)	(4)=(2)+(3)	(5)

A	03/22/07	04/24/07	A-Act/360	43710CAA2	245,625,000.00	1,000.000000	5.224080	10.130173	15.354254	989.869827
A	03/22/07	04/24/07	A-Act/360	43710CAA2	245,625,000.00	1,000.000000	5.224080	10.130173	15.354254	989.869827
C			4,374,849.17	1,000.000000	0.000000	0.000000	0.000000	1,188.217092
P			100.00	1,000.000000	64,678.300000	0.000000	64,678.300000	1,000.000000
R			0.00	0.000000	0.000000	0.000000	0.000000	0.000000







Page 2 of 27

IndyMac INDS Home Equity Mortgage Loan Trust 2007-2



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
April 25, 2007 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	245,625,000.00	1,283,164.76	2,340,544.15	147,679.71	2,488,223.86	3,771,388.62	0.00	0.00	243,136,776.14
C	4,374,849.17	0.00	0.00	(48,871.26)	0.00	0.00	0.00	823,421.39	5,198,270.56
P	100.00	6,467.83	0.00	0.00	0.00	6,467.83	0.00	0.00	100.00
R	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00





Total	249,999,949.17	1,289,632.59	2,340,544.15	98,808.45	2,488,223.86	3,777,856.45	0.00	823,421.39	248,335,146.70


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	5.53138%	245,625,000.00	1,283,164.76	0.00	0.00	0.00	1,283,164.76	1,283,164.76	0.00
C	225.86051%	4,374,849.17	0.00	0.00	0.00	0.00	0.00	823,421.39	0.00
P	0.00000%	100.00	0.00	0.00	0.00	0.00	0.00	6,467.83	0.00
R	0.00000%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00





Total		249,999,949.17	1,283,164.76	0.00	0.00	0.00	1,283,164.76	2,113,053.98	0.00



Page 3 of 27

IndyMac INDS Home Equity Mortgage Loan Trust 2007-2

Mortgage Pass-Through Certificates

April 25, 2007 Distribution

Collection Account Report

SUMMARY

Total

Principal Collections

1,664,802.47

Principal Withdrawals

0.00

Principal Other Accounts

0.00

TOTAL NET PRINCIPAL

1,664,802.47

Interest Collections

2,189,463.78

Interest Withdrawals

-0.00

Interest Other Accounts

6,467.83

Interest Fees

-82,877.63

TOTAL NET INTEREST

2,113,053.98

TOTAL AVAILABLE FUNDS FOR DISTRIBUTION

3,777,856.45

Aggregate amount of expenses paid from

amounts on deposit in the Certificate

Account*

Aggregate amount of expenses paid from

amounts on deposit in the Distribution

Account*

* Information not available with Trustee

PRINCIPAL - COLLECTIONS

Total

Scheduled Principal Received

98,808.45

Prepayments In Full

1,464,939.37

Curtailments

78,754.65

Liquidations

0.00

Insurance Principal

0.00

Repurchased Principal Amounts

22,300.00

Other Principal

0.00

Total Realized Loss Of Principal

-0.00

Delinquent Principal

-70,198.76

Advanced Principal

70,198.76

TOTAL PRINCIPAL COLLECTED

1,664,802.47

PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK

Page 4 of 27

IndyMac INDS Home Equity Mortgage Loan Trust 2007-2

Mortgage Pass-Through Certificates

April 25, 2007 Distribution

PRINCIPAL - OTHER ACCOUNTS

Total

TOTAL OTHER ACCOUNTS PRINCIPAL

0.00

INTEREST - COLLECTIONS

Total

Scheduled Interest

2,263,678.75

Liquidation Interest

0.00

Repurchased Interest

192.80

Insurance Interest

0.00

Other Interest

0.00

Relief Act Interest Shortfalls

-0.00

Prepayment Interest Shortfalls

-1,983.08

Compensating Interest

1,983.08

Delinquent Interest

-1,629,124.30

Interest Advanced

1,554,716.53

Interest Loss

-0.00

TOTAL INTEREST COLLECTED

2,189,463.78

INTEREST - WITHDRAWALS

Total

Nonrecoverable Advances

0.00

TOTAL INTEREST WITHDRAWALS

0.00

INTEREST - OTHER ACCOUNTS

Total

Prepayment Charges

6,467.83

Prepayment Charges Waived*

Prepayment Charges paid by the servicer*

* Information not available with the trustee

Withdrawal from SIT

(52,743.04)

Net Swap Receipt deposited in SIT

52,743.04

Net Swap Payment

0.00

. a) Swap Payment

(1,277,256.68)

. b) Swap Termination Payment

0.00

. c) Swap Receipt

1,329,999.73

TOTAL INTEREST OTHER ACCOUNTS

6,467.83

Page 5 of 27

IndyMac INDS Home Equity Mortgage Loan Trust 2007-2

Mortgage Pass-Through Certificates

April 25, 2007 Distribution

INTEREST FEES

Total

Current Servicing Fees

29,758.88

Current Trustee Fees

2,083.33

Class A Certificate Insurance Premium

51,035.42

TOTAL INTEREST OTHER FEES

82,877.63

Page 6 of 27

IndyMac INDS Home Equity Mortgage Loan Trust 2007-2

Mortgage Pass-Through Certificates

April 25, 2007 Distribution

Credit Enhancement Report

ACCOUNTS

Distribution Account

Beginning Account Balance

0.00

Ending Account Balance

3,830,599.49

Excess Reserve Fund Account

Beginning Account Balance

0.00

Amounts Deposited

0.00

Amount Withdrawn

0.00

Interest Earnings

0.00

Ending Account Balance

0.00

Supplemental Interest Reserve Fund

Beginning Account Balance

1,000.00

Amounts Deposited

1,329,999.73

Amount Withdrawn

1,277,256.68

Interest Earnings

0.00

Ending Account Balance

53,743.04

INSURANCE

Total

Insurance Premium for Class A Certificates

51,035.42

Amount of any Premium and Reimbursement

paid to the Certificate Insurer on such

Distribution Date and cumulatively*

* Information not available with Trustee

STRUCTURAL FEATURES

Total

Overcollateralization Amount

5,198,270.56

Net Monthly Excess Cashflow

823,421.39

Page 7 of 27

IndyMac INDS Home Equity Mortgage Loan Trust 2007-2

Mortgage Pass-Through Certificates

April 25, 2007 Distribution

Collateral Report

COLLATERAL

Total

Loan Count:

Original

3,956

Prior

3,956

Prefunding

Scheduled Paid Offs

-0

Full Voluntary Prepayments

-20

Repurchases

-1

Liquidations

-0

Current

3,935

Principal Balance:

Original

249,999,949.17

Prior

249,999,949.17

Prefunding

0.00

Scheduled Principal

-98,808.45

Partial Prepayments

-78,754.65

Full Voluntary Prepayments

-1,464,939.37

Repurchases

-22,300.00

Liquidations

-0.00

Current

248,335,146.70

PREFUNDING

SPACE INTENTIONALLY LEFT BLANK

Page 8 of 27

IndyMac INDS Home Equity Mortgage Loan Trust 2007-2



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
April 25, 2007 Distribution


CHARACTERISTICS
CHARACTERISTICS

							Total
Weighted Average Coupon Original							10.86659%
Weighted Average Coupon Prior							10.86659%
Weighted Average Coupon Current							10.86659%
Weighted Average Months to Maturity Original							182
Weighted Average Months to Maturity Prior							182
Weighted Average Months to Maturity Current							182
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							2.07
Weighted Average Seasoning Prior							2.07
Weighted Average Seasoning Current							2.07

Page 9 of 27

IndyMac INDS Home Equity Mortgage Loan Trust 2007-2

Mortgage Pass-Through Certificates

April 25, 2007 Distribution

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

29,758.88

Delinquent Servicing Fees

74,407.77

TOTAL SERVICING FEES

104,166.65

Total Servicing Fees

104,166.65

Compensating Interest

-1,983.08

Delinquent Servicing Fees

-74,407.77

COLLECTED SERVICING FEES

27,775.80

Total Advanced Interest

1,554,716.53

Total Advanced Principal

70,198.76

Aggregate Advances with respect to this Distribution

1,624,915.29

Aggregate amount of Advances and Servicing Advances

reimbursed during the related Remittance Period,

General source of funds for such reimbursements

and the aggregate amount of Advances and Servicing

Advances outstanding as of the close of bussiness

on the Distribution Date*

* Information not available with Trustee

Page 10 of 27

IndyMac INDS Home Equity Mortgage Loan Trust 2007-2

Mortgage Pass-Through Certificates

April 25, 2007 Distribution

ADDITIONAL COLLATERAL INFORMATION

Total

Prepayment Interest Shortfall (PPIS)

1,983.08

Compensating Interest

(1,983.08)

Net Prepayment Interest Shortfall (PPIS)

0.00

Weighted Average Net Mortgage Rate

10.356586%

With respect to the second Distribution Date,

the count and aggregate balance of any

Delayed Delivery Mortgage Loans not delivered

within the time periods specified in the

definition of Delayed Delivery Mortgage Loans*

* Information not available with Trustee

Page 11 of 27

IndyMac INDS Home Equity Mortgage Loan Trust 2007-2



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
April 25, 2007 Distribution

Delinquency Report

TOTAL
		< 1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT	Balance		0.00	0.00	0.00	0.00
	% Balance		0.00%	0.00%	0.00%	0.00%
	# Loans		0	0	0	0
	% # Loans		0.00%	0.00%	0.00%	0.00%
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	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%

Page 12 of 27

IndyMac INDS Home Equity Mortgage Loan Trust 2007-2

Mortgage Pass-Through Certificates

April 25, 2007 Distribution

REO Report

Loan Number

Original

Stated

Current

State &

First

Principal

Paid to

Note

LTV at

Original

Payment

Loan Group

Balance

Date

Rate

Origination

Term

Date

Page 13 of 27

IndyMac INDS Home Equity Mortgage Loan Trust 2007-2

Mortgage Pass-Through Certificates

April 25, 2007 Distribution

Foreclosure Report

Loan Number

Original

Stated

Current

State &

First

Principal

Paid to

Note

LTV at

Original

Payment

Loan Group

Balance

Date

Rate

Origination

Term

Date

Page 14 of 27

IndyMac INDS Home Equity Mortgage Loan Trust 2007-2

Mortgage Pass-Through Certificates

April 25, 2007 Distribution

Prepayment Report

VOLUNTARY PREPAYMENTS

Total

Current

Number of Paid in Full Loans

Number of Repurchased Loans

Total Number of Loans Prepaid in Full

Curtailments Amount

78,754.65

Paid in Full Balance

1,464,939.37

Repurchased Loans Balance

22,300.00

Total Prepayment Amount

1,565,994.02

Cumulative

Number of Paid in Full Loans

Number of Repurchased Loans

Total Number of Loans Prepaid in Full

Paid in Full Balance

1,464,939.37

Repurchased Loans Balance

22,300.00

Curtailments Amount

78,754.65

Total Prepayment Amount

1,565,994.02

Page 15 of 27

IndyMac INDS Home Equity Mortgage Loan Trust 2007-2



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
April 25, 2007 Distribution


VOLUNTARY PREPAYMENTS RATES - Including Liquidated Balances



		Total





SMM	0.63%
3 Months Avg SMM	0.63%
12 Months Avg SMM	0.63%
Avg SMM Since Cut-off	0.63%



CPR	7.27%
3 Months Avg CPR	7.27%
12 Months Avg CPR	7.27%
Avg CPR Since Cut-off	7.27%



PSA	1,756.19%
3 Months Avg PSA Approximation	1,756.20%
12 Months Avg PSA Approximation	1,756.20%
Avg PSA Since Cut-off Approximation	1,756.20%


(*) SMM, CPR, PSA Figures Include Liquidated Balances

Page 16 of 27

IndyMac INDS Home Equity Mortgage Loan Trust 2007-2

Mortgage Pass-Through Certificates

April 25, 2007 Distribution

PREPAYMENT CALCULATION METHODOLOGY - Including Liquidated Balances

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

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

PSA Standard Prepayment Model: CPR/(0.002*min(30,WAS))

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

Average CPR over period between the nth month and mth month (AvgCPRn,m): 1-((1-AvgSMMn,m)^12)

Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.002*Avg WASn,m))

Average WASn,m: (min(30,WASn)+min(30,WASn+1)+...+min(30,WASm)/(number of months in the period n,m)

Weighted Average Seasoning (WAS)

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

Dates correspond to distribution dates.

Page 17 of 27

IndyMac INDS Home Equity Mortgage Loan Trust 2007-2

Mortgage Pass-Through Certificates

April 25, 2007 Distribution

VOLUNTARY PREPAYMENTS RATES - Excluding Liquidated Balances

Total

SMM

0.63%

3 Months Avg SMM

0.63%

12 Months Avg SMM

0.63%

Avg SMM Since Cut-off

0.63%

CPR

7.27%

3 Months Avg CPR

7.27%

12 Months Avg CPR

7.27%

Avg CPR Since Cut-off

7.27%

PSA

1,756.19%

3 Months Avg PSA Approximation

1,756.20%

12 Months Avg PSA Approximation

1,756.20%

Avg PSA Since Cut-off Approximation

1,756.20%

(*) SMM, CPR, PSA Figures Exclude Liquidated Balances

Page 18 of 27

IndyMac INDS Home Equity Mortgage Loan Trust 2007-2

Mortgage Pass-Through Certificates

April 25, 2007 Distribution

PREPAYMENT CALCULATION METHODOLOGY - Excluding Liquidated Balances

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

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

PSA Standard Prepayment Model: CPR/(0.002*min(30,WAS))

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

Average CPR over period between the nth month and mth month (AvgCPRn,m): 1-((1-AvgSMMn,m)^12)

Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.002*Avg WASn,m))

Average WASn,m: (min(30,WASn)+min(30,WASn+1)+...+min(30,WASm)/(number of months in the period n,m)

Weighted Average Seasoning (WAS)

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

Dates correspond to distribution dates.

Page 19 of 27

IndyMac INDS Home Equity Mortgage Loan Trust 2007-2

Mortgage Pass-Through Certificates

April 25, 2007 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

Note

LTV at

Payment

Loan Group

Status

Balance

Amount

Date

Rate

Origination

Original Term

Date

****227 1

41,150.00

41,065.62

02-Apr-2007

11.300%

AK - 20.07%

Paid Off - 180

01-Nov-2006

****866 1

49,500.00

49,424.41

28-Mar-2007

9.375%

TX - 10.00%

Paid Off - 180

01-Jan-2007

****048 1

52,000.00

51,904.34

05-Apr-2007

9.875%

CA - 10.00%

Paid Off - 180

01-Dec-2006

******870 1

20,000.00

19,989.63

05-Apr-2007

9.250%

FL - 7.41%

Paid Off - 180

01-Mar-2007

******116 1

67,000.00

66,984.24

09-Mar-2007

12.875%

VA - 20.00%

Paid Off - 180

01-Mar-2007

******725 1

65,250.00

65,230.27

04-Apr-2007

11.750%

NY - 15.00%

Paid Off - 180

01-Mar-2007

******820 1

56,000.00

10-Apr-2007

10.000%

NY - 10.00%

Paid Off - 180

01-Apr-2007

******485 1

27,040.00

27,020.63

04-Apr-2007

11.000%

AZ - 13.00%

Paid Off - 360

01-Feb-2007

******961 1

51,000.00

22-Mar-2007

10.875%

MD - 8.79%

Paid Off - 180

01-Apr-2007

******822 1

31,500.00

31,204.52

02-Apr-2007

10.250%

CA - 10.00%

Paid Off - 180

01-Mar-2007

******808 1

39,483.00

39,456.51

16-Mar-2007

8.000%

TN - 15.01%

Paid Off - 180

01-Mar-2007

******849 1

42,500.00

16-Mar-2007

8.750%

CA - 5.00%

Paid Off - 180

01-Apr-2007

******042 1

176,100.00

02-Apr-2007

9.000%

AZ - 26.72%

Paid Off - 180

01-Apr-2007

******624 1

32,000.00

02-Apr-2007

9.375%

CA - 4.97%

Paid Off - 180

01-Apr-2007

******532 1

189,159.20

23-Mar-2007

10.750%

AZ - 20.00%

Paid Off - 180

01-Apr-2007

******230 1

132,500.00

23-Mar-2007

10.500%

MD - 20.00%

Paid Off - 180

01-Apr-2007

******176 1

128,400.00

22-Mar-2007

10.250%

MD - 20.00%

Paid Off - 180

01-Apr-2007

******021 1

60,000.00

11-Apr-2007

9.500%

VA - 11.32%

Paid Off - 180

01-Apr-2007

******876 1

68,000.00

06-Apr-2007

11.750%

AZ - 20.00%

Paid Off - 180

01-Apr-2007

******049 1

137,000.00

03-Apr-2007

11.125%

AZ - 46.92%

Paid Off - 180

01-Apr-2007

******884 1

22,300.00

31-Mar-2007

10.375%

MD - 7.69%

Repur/Subs - 180

01-Apr-2007

TOTAL

1,487,882.20

1,487,239.37

Page 20 of 27

IndyMac INDS Home Equity Mortgage Loan Trust 2007-2

Mortgage Pass-Through Certificates

April 25, 2007 Distribution

Realized Loss Report

Loan Number

Current

State &

Prior

Realized

Cumulative

Loan

Note

LTV at

Original

Principal

Loss/(Gain)

Realized

Loan Group

Status

Rate

Origination

Term

Balance

Revision

Loss/(Gain)

TOTAL

Page 21 of 27

IndyMac INDS Home Equity Mortgage Loan Trust 2007-2

Mortgage Pass-Through Certificates

April 25, 2007 Distribution

COLLATERAL REALIZED LOSSES

Total

Current

Number of Loans Liquidated

Collateral Principal Realized Loss/(Gain) Amount

0.00

Collateral Interest Realized Loss/(Gain) Amount

0.00

Net Liquidation Proceeds

0.00

Cumulative

Number of Loans Liquidated

Collateral Realized Loss/(Gain) Amount

0.00

Net Liquidation Proceeds

0.00

Page 22 of 27

IndyMac INDS Home Equity Mortgage Loan Trust 2007-2



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
April 25, 2007 Distribution


DEFAULT SPEEDS
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%


Principal Only Loss Severity Approx 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%


Principal & Interest Loss Severity Approx 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 23 of 27

IndyMac INDS Home Equity Mortgage Loan Trust 2007-2

Mortgage Pass-Through Certificates

April 25, 2007 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)

Principal Only Loss Severity Approximation for current period:

Sum(Principal Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)

Principal & Interest Loss Severity Approximation for current period:

Sum(Principal & Interest Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)

Average Loss Severity Approximation over period between nth month and mth month:

Sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans for months in the period n,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.

All Realized Losses in excess of Principal Balance are treated as Interest Realized Losses.

Page 24 of 27

IndyMac INDS Home Equity Mortgage Loan Trust 2007-2

Mortgage Pass-Through Certificates

April 25, 2007 Distribution

Triggers and Adj. Cert. Report

TRIGGER EVENTS

Total

Has the Swap provider trigger occured?

ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK

ADDITIONAL INFORMATION

Total

Current LIBOR Rate

5.321380%

Libor Rate Determination Date

03/20/2007

Next LIBOR Rate

5.320000%

Next Libor Determination Date

04/23/2007

Page 25 of 27

IndyMac INDS Home Equity Mortgage Loan Trust 2007-2



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
April 25, 2007 Distribution

Additional Certificate Report

ADDITIONAL CERTIFICATE REPORT

		Next Pass Through Rate	Total NET WAC Shortfall	NET WAC Shortfall Paid	NET WAC Shortfall UnPaid
CLASS

	A	5.53%	$0.00	$0.00	$0.00
		5.53%	$0.00	$0.00	$0.00
	R-1	0.00%	$0.00	$0.00	$0.00
		0.00%	$0.00	$0.00	$0.00
	P	0.00%	$0.00	$0.00	$0.00
		0.00%	$0.00	$0.00	$0.00
	R	0.00%	$0.00	$0.00	$0.00
		0.00%	$0.00	$0.00	$0.00




Page 26 of 27

IndyMac INDS Home Equity Mortgage Loan Trust 2007-2



Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
April 25, 2007 Distribution

Other Related Information
ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
							Total
Current Scheduled Payments							2,362,487.20
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





Sched. Payments for 60+Day Delinquent Loans							0.00
Sched. Pmts - 60+Day Delinquent Loans, 1 Month Prior							0.00
Sched. Pmts - 60+Day Delinquent Loans, 2 Month Prior							0.00
Sched. Pmts - 60+Day Delinquent Loans, 3 Month Prior							0.00
Sched. Pmts - 60+Day Delinquent Loans, 4 Month Prior							0.00
Sched. Pmts - 60+Day Delinquent Loans, 5 Month Prior							0.00
Sched. Pmts - 60+Day Delinquent Loans, 6 Month Prior							0.00
Sched. Pmts - 60+Day Delinquent Loans, 7 Month Prior							0.00
Sched. Pmts - 60+Day Delinquent Loans, 8 Month Prior							0.00
Sched. Pmts - 60+Day Delinquent Loans, 9 Month Prior							0.00
Sched. Pmts - 60+Day Delinquent Loans, 10 Month Prior							0.00
Sched. Pmts - 60+Day Delinquent Loans, 11 Month Prior							0.00





Page 27 of 27

Home Equity Mortgage Loan Asset-Backed Trust, Series INDS 2007-2 10-D