UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-D
ASSET-BACKED ISSUER
DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
For the monthly distribution period from
April 1, 2006 to April 30, 2006
Commission File Number of issuing entity: 333-127556-29
IndyMac INDX Mortgage Loan Trust 2006-AR7
(Exact name of issuing entity as specified in its Charter)
Commission File Number of depositor: 333-127556
IndyMac MBS, Inc.
(Exact name of depositor as specified in its Charter)
IndyMac Bank, F.S.B
(Exact name of sponsor as specified in its Charter)
New York
(State or other jurisdiction of incorporation or organization
of the issuing entity)
32-0173485
(I.R.S. Employer Identification No.)
Care of Deutsche Bank National Trust Company as Trustee
1761 East St. Andrew Place, Santa Ana CA
(Address of principal executive offices of the issuing entity)
92705
(Zip Code)
Registrant's Telephone Number, Including Area Code: (800) 669-2300
NONE
(Former name or former address, if changed since last report)
Registered / reporting pursuant to (check one)
Section 12(b) Section 12(g) Section 15(d) Name of Exchange
Title of Class (if Section 12(b))
Class 1-A-1 [ ] [ ] [X] Not Applicable
Class 1-A-2 [ ] [ ] [X] Not Applicable
Class 2-A-1 [ ] [ ] [X] Not Applicable
Class 2-A-2 [ ] [ ] [X] Not Applicable
Class 3-A-1 [ ] [ ] [X] Not Applicable
Class 3-A-2 [ ] [ ] [X] Not Applicable
Class 4-A-1 [ ] [ ] [X] Not Applicable
Class 4-A-2 [ ] [ ] [X] Not Applicable
Class 5-A-1 [ ] [ ] [X] Not Applicable
Class 5-A-2 [ ] [ ] [X] Not Applicable
Class A-R [ ] [ ] [X] Not Applicable
Class B-1 [ ] [ ] [X] Not Applicable
Class B-2 [ ] [ ] [X] Not Applicable
Class B-3 [ ] [ ] [X] Not Applicable
Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act
of 1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days. Yes [X] No [ ]
PART I DISTRIBUTION INFORMATION
Item 1. Distribution and Pool Performance Information.
On May 25, 2006 a distribution was made to holders of IndyMac
MBS, Inc., IndyMac INDX Mortgage Loan Trust 2006-AR7, Mortgage
Pass-Through Certificates Series 2006-AR7
PART II OTHER INFORMATION
Item 2. Legal Proceedings.
None.
Item 3. Sales of Securities and Use of Proceeds.
None.
Item 4. Defaults Upon Senior Securities.
None.
Item 5. Submission of Matters to a Vote of Security Holders.
None.
Item 6. Significant Obligors of Pool Assets.
None.
Item 7. Significant Enhancement Provider Information.
None.
Item 8. Other Information.
None.
Item 9. Exhibits.
(a) The following is a list of documents filed as part of this Report
on Form 10D:
Statement to Certificateholders on May 25, 2006 is filed
as Exhibit 99.1 hereto.
(b) The exhibits required to be filed by Registrant pursuant to Item
601 of Regulation S-K are listed above in the Exhibit Index that
immediately follows the signature page hereof.
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 thereunto duly authorized.
IndyMac MBS, Inc.
(Depositor)
/s/: Andy Sciandra
Name: Andy Sciandra
Title: Senior Vice President
Date: June 2, 2006
Exhibit Number Description
99.1 Monthly report distributed to holders of the IndyMac
MBS, Inc., IndyMac INDX Mortgage Loan Trust 2006-AR7,
Mortgage Pass-Through Certificates Series 2006-AR7
| IndyMac INDX Mortgage Loan Trust 2006-AR7 | ||||||||||||||||||||
| Mortgage Pass-Through Certificates | ||||||||||||||||||||
| May 25, 2006 Distribution | ||||||||||||||||||||
| External Parties | Table of Contents | |||||||||||||||||||
| Page | ||||||||||||||||||||
| Seller | ||||||||||||||||||||
| IndyMac Bank | 1. Certificate Payment Report | 2 | ||||||||||||||||||
| 2. Collection Account Report | 5 | |||||||||||||||||||
| Servicer(s) | 3. Collateral Report | 10 | ||||||||||||||||||
| IndyMac Bank | 4. Delinquency Report | 17 | ||||||||||||||||||
| 5. REO Report | 18 | |||||||||||||||||||
| Underwriter(s) | 6. Foreclosure Report | 19 | ||||||||||||||||||
| Merrill Lynch | 7. Prepayment Report | 20 | ||||||||||||||||||
| 8. Prepayment Detail Report | 25 | |||||||||||||||||||
| 9. Realized Loss Report | 26 | |||||||||||||||||||
| 10. Realized Loss Detail Report | 31 | |||||||||||||||||||
| 11. Triggers and Adj. Cert. Report | 32 | |||||||||||||||||||
| 12. Other Related Information | 34 | |||||||||||||||||||
| Total Number of Pages | 35 | |||||||||||||||||||
| Dates | Contacts | |||||||||||||||||||
| Cut-Off Date: | March 01, 2006 | Jennifer Hermansader | ||||||||||||||||||
| Close Date: | March 30, 2006 | Administrator | ||||||||||||||||||
| First Distribution Date: | April 25, 2006 | (714) 247-6258 | ||||||||||||||||||
| Jennifer.Vandyne@db.com | ||||||||||||||||||||
| Address: | ||||||||||||||||||||
| Distribution Date: | May 25, 2006 | |||||||||||||||||||
| 1761 East St. Andrew Place, Santa Ana, CA 92705 | ||||||||||||||||||||
| Record Date: | April 28, 2006 | |||||||||||||||||||
| Factor Information: | (800) 735-7777 | |||||||||||||||||||
| Main Phone Number: | (714) 247-6000 | |||||||||||||||||||
| Determination Date: | May 18, 2006 | |||||||||||||||||||
| https://www.tss.db.com/invr | ||||||||||||||||||||
| Page 1 of 35 | ||||||||||||||||||||
| IndyMac INDX Mortgage Loan Trust 2006-AR7 | ||||||||||||||
| Mortgage Pass-Through Certificates | ||||||||||||||||||||
| May 25, 2006 Distribution | ||||||||||||||||||||
| Certificate Payment Report | ||||||||||||||||||||
| Current Period Distribution - REMIC II | ||||||||||||||||||||
| 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 | $ | 50,739,000.00 | 50,731,114.67 | 261,989.48 | 12,148.69 | 274,138.17 | 0.00 | 0.00 | 50,718,965.98 | |||||||||||
| 1-A-2 | $ | 5,638,000.00 | 5,637,123.80 | 29,111.66 | 1,349.94 | 30,461.60 | 0.00 | 0.00 | 5,635,773.86 | |||||||||||
| 2-A-1 | $ | 341,217,000.00 | 337,923,570.17 | 1,773,041.21 | 2,672,013.11 | 4,445,054.32 | 0.00 | 0.00 | 335,251,557.06 | |||||||||||
| 2-A-2 | $ | 37,913,000.00 | 37,547,063.35 | 197,004.58 | 296,890.34 | 493,894.92 | 0.00 | 0.00 | 37,250,173.01 | |||||||||||
| 3-A-1 | $ | 160,513,000.00 | 158,975,528.94 | 821,471.71 | 2,083,680.35 | 2,905,152.06 | 0.00 | 0.00 | 156,891,848.59 | |||||||||||
| 3-A-2 | $ | 17,835,000.00 | 17,664,167.75 | 91,275.77 | 231,522.93 | 322,798.70 | 0.00 | 0.00 | 17,432,644.82 | |||||||||||
| 4-A-1 | $ | 79,322,000.00 | 78,840,440.06 | 411,720.48 | 1,165,083.10 | 1,576,803.58 | 0.00 | 0.00 | 77,675,356.96 | |||||||||||
| 4-A-2 | $ | 8,814,000.00 | 8,760,490.65 | 45,749.03 | 129,460.20 | 175,209.23 | 0.00 | 0.00 | 8,631,030.45 | |||||||||||
| 5-A-1 | $ | 72,559,000.00 | 72,551,401.60 | 372,817.90 | 508,468.55 | 881,286.45 | 0.00 | 0.00 | 72,042,933.05 | |||||||||||
| 5-A-2 | $ | 8,062,000.00 | 8,061,155.75 | 41,423.64 | 56,495.73 | 97,919.37 | 0.00 | 0.00 | 8,004,660.02 | |||||||||||
| A-R | $ | 100.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||
| B-1 | $ | 29,856,000.00 | 29,852,134.93 | 155,495.51 | 14,550.43 | 170,045.94 | 0.00 | 0.00 | 29,837,584.50 | |||||||||||
| B-2 | $ | 13,221,000.00 | 13,219,288.45 | 68,857.39 | 6,443.30 | 75,300.69 | 0.00 | 0.00 | 13,212,845.15 | |||||||||||
| B-3 | $ | 8,104,000.00 | 8,102,950.88 | 42,207.12 | 3,949.51 | 46,156.63 | 0.00 | 0.00 | 8,099,001.37 | |||||||||||
| B-4 | $ | 8,103,000.00 | 8,101,951.01 | 42,201.91 | 3,949.03 | 46,150.94 | 0.00 | 0.00 | 8,098,001.98 | |||||||||||
| B-5 | $ | 6,397,000.00 | 6,396,171.86 | 33,316.75 | 3,117.60 | 36,434.35 | 0.00 | 0.00 | 6,393,054.26 | |||||||||||
| B-6 | $ | 4,692,503.00 | 4,691,895.52 | 24,439.41 | 2,286.91 | 26,726.32 | 0.00 | 0.00 | 4,689,608.61 | |||||||||||
| P-1 | $ | 100.00 | 100.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 100.00 | |||||||||||
| P-2 | $ | 100.00 | 100.00 | 799.20 | 0.00 | 799.20 | 0.00 | 0.00 | 100.00 | |||||||||||
| Total | 852,985,803.00 | 847,056,649.39 | 4,412,922.75 | 7,191,409.72 | 11,604,332.47 | 0.00 | 0.00 | 839,865,239.67 | ||||||||||||
| Page 2 of 35 | ||||||||||||||||||||
| IndyMac INDX Mortgage Loan Trust 2006-AR7 | ||||||||||||||
| Mortgage Pass-Through Certificates | ||||||||||||||||||||
| May 25, 2006 Distribution | ||||||||||||||||||||
| 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 | 04/01/06 | 04/30/06 | A-30/360 | 45661ECW2 | 50,739,000.00 | 999.844590 | 5.163473 | 0.239435 | 5.402908 | 999.605155 | ||||||||||
| 1-A-2 | 04/01/06 | 04/30/06 | A-30/360 | 45661ECX0 | 5,638,000.00 | 999.844590 | 5.163473 | 0.239436 | 5.402909 | 999.605154 | ||||||||||
| 2-A-1 | 04/01/06 | 04/30/06 | A-30/360 | 45661ECY8 | 341,217,000.00 | 990.347990 | 5.196228 | 7.830832 | 13.027060 | 982.517158 | ||||||||||
| 2-A-2 | 04/01/06 | 04/30/06 | A-30/360 | 45661ECZ5 | 37,913,000.00 | 990.347990 | 5.196228 | 7.830832 | 13.027060 | 982.517158 | ||||||||||
| 3-A-1 | 04/01/06 | 04/30/06 | A-30/360 | 45661EDA9 | 160,513,000.00 | 990.421517 | 5.117789 | 12.981381 | 18.099170 | 977.440136 | ||||||||||
| 3-A-2 | 04/01/06 | 04/30/06 | A-30/360 | 45661EDB7 | 17,835,000.00 | 990.421517 | 5.117789 | 12.981381 | 18.099170 | 977.440136 | ||||||||||
| 4-A-1 | 04/01/06 | 04/30/06 | A-30/360 | 45661EDC5 | 79,322,000.00 | 993.929049 | 5.190495 | 14.688020 | 19.878515 | 979.241030 | ||||||||||
| 4-A-2 | 04/01/06 | 04/30/06 | A-30/360 | 45661EDD3 | 8,814,000.00 | 993.929050 | 5.190496 | 14.688019 | 19.878515 | 979.241031 | ||||||||||
| 5-A-1 | 04/01/06 | 04/30/06 | A-30/360 | 45661EDE1 | 72,559,000.00 | 999.895280 | 5.138134 | 7.007657 | 12.145791 | 992.887623 | ||||||||||
| 5-A-2 | 04/01/06 | 04/30/06 | A-30/360 | 45661EDF8 | 8,062,000.00 | 999.895280 | 5.138134 | 7.007657 | 12.145791 | 992.887623 | ||||||||||
| A-R | 04/01/06 | 04/30/06 | A-30/360 | 45661EDG6 | 100.00 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | ||||||||||
| B-1 | 04/01/06 | 04/30/06 | A-30/360 | 45661EDH4 | 29,856,000.00 | 999.870543 | 5.208183 | 0.487354 | 5.695537 | 999.383189 | ||||||||||
| B-2 | 04/01/06 | 04/30/06 | A-30/360 | 45661EDJ0 | 13,221,000.00 | 999.870543 | 5.208183 | 0.487353 | 5.695537 | 999.383190 | ||||||||||
| B-3 | 04/01/06 | 04/30/06 | A-30/360 | 45661EDK7 | 8,104,000.00 | 999.870543 | 5.208184 | 0.487353 | 5.695537 | 999.383190 | ||||||||||
| B-4 | 04/01/06 | 04/30/06 | A-30/360 | 45661EDL5 | 8,103,000.00 | 999.870543 | 5.208183 | 0.487354 | 5.695537 | 999.383189 | ||||||||||
| B-5 | 04/01/06 | 04/30/06 | A-30/360 | 45661EDM3 | 6,397,000.00 | 999.870542 | 5.208184 | 0.487353 | 5.695537 | 999.383189 | ||||||||||
| B-6 | 04/01/06 | 04/30/06 | A-30/360 | 45661EDN1 | 4,692,503.00 | 999.870542 | 5.208182 | 0.487354 | 5.695536 | 999.383188 | ||||||||||
| P-1 | 04/01/06 | 04/30/06 | F-30/360 | 45661EDP6 | 100.00 | 1,000.000000 | 0.000000 | 0.000000 | 0.000000 | 1,000.000000 | ||||||||||
| P-2 | 04/01/06 | 04/30/06 | F-30/360 | 45661EGA6 | 100.00 | 1,000.000000 | 7,992.000000 | 0.000000 | 7,992.000000 | 1,000.000000 | ||||||||||
| Page 3 of 35 | ||||||||||||||||||||
| IndyMac INDX Mortgage Loan Trust 2006-AR7 | ||||||||||||||
| Mortgage Pass-Through Certificates | |||||||||||||||||||||
| May 25, 2006 Distribution | |||||||||||||||||||||
| Distribution to Date - REMIC II | |||||||||||||||||||||
| 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 | 50,739,000.00 | 524,018.94 | 11,963.84 | 331.71 | 20,034.02 | 544,052.96 | 0.00 | 0.00 | 50,718,965.98 | ||||||||||||
| 1-A-2 | 5,638,000.00 | 58,227.77 | 1,329.40 | 36.86 | 2,226.14 | 60,453.91 | 0.00 | 0.00 | 5,635,773.86 | ||||||||||||
| 2-A-1 | 341,217,000.00 | 3,564,293.44 | 2,631,356.13 | 101,994.31 | 5,965,442.94 | 9,529,736.38 | 0.00 | 0.00 | 335,251,557.06 | ||||||||||||
| 2-A-2 | 37,913,000.00 | 396,032.61 | 292,372.90 | 11,332.70 | 662,826.99 | 1,058,859.60 | 0.00 | 0.00 | 37,250,173.01 | ||||||||||||
| 3-A-1 | 160,513,000.00 | 1,651,574.75 | 2,051,975.36 | 60,339.08 | 3,621,151.41 | 5,272,726.16 | 0.00 | 0.00 | 156,891,848.59 | ||||||||||||
| 3-A-2 | 17,835,000.00 | 183,510.59 | 228,000.10 | 6,704.43 | 402,355.18 | 585,865.77 | 0.00 | 0.00 | 17,432,644.82 | ||||||||||||
| 4-A-1 | 79,322,000.00 | 825,858.88 | 127,490.36 | 26,696.39 | 1,646,643.04 | 2,472,501.92 | 0.00 | 0.00 | 77,675,356.96 | ||||||||||||
| 4-A-2 | 8,814,000.00 | 91,766.73 | 127,490.36 | 2,966.41 | 182,969.55 | 274,736.28 | 0.00 | 0.00 | 8,631,030.45 | ||||||||||||
| 5-A-1 | 72,559,000.00 | 745,673.27 | 500,731.76 | 7,878.30 | 516,066.95 | 1,261,740.22 | 0.00 | 0.00 | 72,042,933.05 | ||||||||||||
| 5-A-2 | 8,062,000.00 | 82,851.44 | 55,636.10 | 875.35 | 57,339.98 | 140,191.42 | 0.00 | 0.00 | 8,004,660.02 | ||||||||||||
| A-R | 100.00 | 0.52 | 0.00 | 1.86 | 100.00 | 100.52 | 0.00 | 0.00 | 0.00 | ||||||||||||
| B-1 | 29,856,000.00 | 311,075.54 | 14,329.03 | 293.38 | 18,415.50 | 329,491.04 | 0.00 | 0.00 | 29,837,584.50 | ||||||||||||
| B-2 | 13,221,000.00 | 137,752.20 | 6,345.26 | 129.92 | 8,154.85 | 145,907.05 | 0.00 | 0.00 | 13,212,845.15 | ||||||||||||
| B-3 | 8,104,000.00 | 84,437.18 | 3,889.41 | 79.63 | 4,998.63 | 89,435.81 | 0.00 | 0.00 | 8,099,001.37 | ||||||||||||
| B-4 | 8,103,000.00 | 84,426.76 | 3,888.94 | 79.62 | 4,998.02 | 89,424.78 | 0.00 | 0.00 | 8,098,001.98 | ||||||||||||
| B-5 | 6,397,000.00 | 66,651.61 | 3,070.16 | 62.86 | 3,945.74 | 70,597.35 | 0.00 | 0.00 | 6,393,054.26 | ||||||||||||
| B-6 | 4,692,503.00 | 48,892.11 | 2,252.11 | 46.11 | 2,894.39 | 51,786.50 | 0.00 | 0.00 | 4,689,608.61 | ||||||||||||
| P-1 | 100.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 100.00 | ||||||||||||
| P-2 | 100.00 | 9,939.76 | 0.00 | 0.00 | 0.00 | 9,939.76 | 0.00 | 0.00 | 100.00 | ||||||||||||
| Total | 852,985,803.00 | 8,866,984.10 | 6,062,121.22 | 219,848.92 | 13,120,563.33 | 21,987,547.43 | 0.00 | 0.00 | 839,865,239.67 | ||||||||||||
| Interest Detail - REMIC II | |||||||||||||||||||||
| 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 | 6.19713% | 50,731,114.67 | 261,989.48 | 0.00 | 0.00 | 0.00 | 261,989.48 | 261,989.48 | 0.00 | ||||||||||||
| 1-A-2 | 6.19713% | 5,637,123.80 | 29,111.66 | 0.00 | 0.00 | 0.00 | 29,111.66 | 29,111.66 | 0.00 | ||||||||||||
| 2-A-1 | 6.29624% | 337,923,570.17 | 1,773,041.21 | 0.00 | 0.00 | 0.00 | 1,773,041.21 | 1,773,041.21 | 0.00 | ||||||||||||
| 2-A-2 | 6.29624% | 37,547,063.35 | 197,004.58 | 0.00 | 0.00 | 0.00 | 197,004.58 | 197,004.58 | 0.00 | ||||||||||||
| 3-A-1 | 6.20074% | 158,975,528.94 | 821,471.71 | 0.00 | 0.00 | 0.00 | 821,471.71 | 821,471.71 | 0.00 | ||||||||||||
| 3-A-2 | 6.20074% | 17,664,167.75 | 91,275.77 | 0.00 | 0.00 | 0.00 | 91,275.77 | 91,275.77 | 0.00 | ||||||||||||
| 4-A-1 | 6.26664% | 78,840,440.06 | 411,720.48 | 0.00 | 0.00 | 0.00 | 411,720.48 | 411,720.48 | 0.00 | ||||||||||||
| 4-A-2 | 6.26664% | 8,760,490.65 | 45,749.03 | 0.00 | 0.00 | 0.00 | 45,749.03 | 45,749.03 | 0.00 | ||||||||||||
| 5-A-1 | 6.16641% | 72,551,401.60 | 372,817.90 | 0.00 | 0.00 | 0.00 | 372,817.90 | 372,817.90 | 0.00 | ||||||||||||
| 5-A-2 | 6.16641% | 8,061,155.75 | 41,423.64 | 0.00 | 0.00 | 0.00 | 41,423.64 | 41,423.64 | 0.00 | ||||||||||||
| A-R | 0.00000% | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||
| B-1 | 6.25063% | 29,852,134.93 | 155,495.51 | 0.00 | 0.00 | 0.00 | 155,495.51 | 155,495.51 | 0.00 | ||||||||||||
| B-2 | 6.25063% | 13,219,288.45 | 68,857.39 | 0.00 | 0.00 | 0.00 | 68,857.39 | 68,857.39 | 0.00 | ||||||||||||
| B-3 | 6.25063% | 8,102,950.88 | 42,207.12 | 0.00 | 0.00 | 0.00 | 42,207.12 | 42,207.12 | 0.00 | ||||||||||||
| B-4 | 6.25063% | 8,101,951.01 | 42,201.91 | 0.00 | 0.00 | 0.00 | 42,201.91 | 42,201.91 | 0.00 | ||||||||||||
| B-5 | 6.25063% | 6,396,171.86 | 33,316.75 | 0.00 | 0.00 | 0.00 | 33,316.75 | 33,316.75 | 0.00 | ||||||||||||
| B-6 | 6.25063% | 4,691,895.52 | 24,439.41 | 0.00 | 0.00 | 0.00 | 24,439.41 | 24,439.41 | 0.00 | ||||||||||||
| P-1 | 0.00000% | 100.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||
| P-2 | 9,590.40000% | 100.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 799.20 | 0.00 | ||||||||||||
| Total | 847,056,649.39 | 4,412,123.55 | 0.00 | 0.00 | 0.00 | 4,412,123.55 | 4,412,922.75 | 0.00 | |||||||||||||
| Page 4 of 35 | |||||||||||||||||||||
| IndyMac INDX Mortgage Loan Trust 2006-AR7 | ||||||||||||||
| Mortgage Pass-Through Certificates | |||||||||||||||||||||
| May 25, 2006 Distribution | |||||||||||||||||||||
| Collection Account Report | |||||||||||||||||||||
| SUMMARY | |||||||||||||||||||||
| Group 5 | |||||||||||||||||||||
| Principal Collections | 565,335.06 | ||||||||||||||||||||
| Principal Withrawals | 0.00 | ||||||||||||||||||||
| Principal Other Accounts | 0.00 | ||||||||||||||||||||
| TOTAL NET PRINCIPAL | 565,335.06 | ||||||||||||||||||||
| Interest Collections | 458,034.25 | ||||||||||||||||||||
| Interest Withdrawals | -0.00 | ||||||||||||||||||||
| Interest Other Accounts | 0.00 | ||||||||||||||||||||
| Interest Fees | -6,538.71 | ||||||||||||||||||||
| TOTAL NET INTEREST | 451,495.54 | ||||||||||||||||||||
| TOTAL AVAILABLE FUNDS FOR DISTRIBUTION | 1,016,830.60 | ||||||||||||||||||||
| SUMMARY | |||||||||||||||||||||
| Group 4 | Group 3 | Group 2 | Group 1 | Total | |||||||||||||||||
| Principal Collections | 1,295,881.88 | 2,317,010.86 | 2,998,778.05 | 14,403.88 | 7,191,409.73 | ||||||||||||||||
| 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 | 1,295,881.88 | 2,317,010.86 | 2,998,778.05 | 14,403.88 | 7,191,409.73 | ||||||||||||||||
| Interest Collections | 505,948.75 | 1,010,253.19 | 2,179,278.57 | 321,582.06 | 4,475,096.83 | ||||||||||||||||
| Interest Withdrawals | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | ||||||||||||||||
| Interest Other Accounts | 0.00 | 0.00 | 799.20 | 0.00 | 799.20 | ||||||||||||||||
| Interest Fees | -7,099.10 | -14,645.56 | -30,386.25 | -4,303.65 | -62,973.28 | ||||||||||||||||
| TOTAL NET INTEREST | 498,849.65 | 995,607.63 | 2,149,691.52 | 317,278.41 | 4,412,922.75 | ||||||||||||||||
| TOTAL AVAILABLE FUNDS FOR DISTRIBUTION | 1,794,731.53 | 3,312,618.49 | 5,148,469.57 | 331,682.29 | 11,604,332.48 | ||||||||||||||||
| Page 5 of 35 | |||||||||||||||||||||
| IndyMac INDX Mortgage Loan Trust 2006-AR7 | ||||||||||||||
| Mortgage Pass-Through Certificates | |||||||||||||||||||||
| May 25, 2006 Distribution | |||||||||||||||||||||
| PRINCIPAL - COLLECTIONS | |||||||||||||||||||||
| Group 5 | |||||||||||||||||||||
| Scheduled Principal | 4,493.64 | ||||||||||||||||||||
| Curtailments | -1,158.58 | ||||||||||||||||||||
| Prepayments In Full | 562,000.00 | ||||||||||||||||||||
| Repurchased/Substitutions | 0.00 | ||||||||||||||||||||
| Liquidations | 0.00 | ||||||||||||||||||||
| Insurance Principal | 0.00 | ||||||||||||||||||||
| Other Additional Principal | 0.00 | ||||||||||||||||||||
| Delinquent Principal | -2,845.38 | ||||||||||||||||||||
| Realized Losses | -0.00 | ||||||||||||||||||||
| Advanced Principal | 2,845.38 | ||||||||||||||||||||
| TOTAL PRINCIPAL COLLECTED | 565,335.06 | ||||||||||||||||||||
| PRINCIPAL - COLLECTIONS | |||||||||||||||||||||
| Group 4 | Group 3 | Group 2 | Group 1 | Total | |||||||||||||||||
| Scheduled Principal | 16,136.92 | 21,719.07 | 56,101.83 | 10,972.03 | 109,423.49 | ||||||||||||||||
| Curtailments | 9,546.63 | 2,391.79 | 136,654.44 | 3,431.85 | 150,866.13 | ||||||||||||||||
| Prepayments In Full | 1,270,198.33 | 2,292,900.00 | 2,503,171.78 | 0.00 | 6,628,270.11 | ||||||||||||||||
| Repurchased/Substitutions | 0.00 | 0.00 | 302,850.00 | 0.00 | 302,850.00 | ||||||||||||||||
| 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 | -12,601.86 | -15,690.07 | -44,965.00 | -8,767.16 | -84,869.47 | ||||||||||||||||
| Realized Losses | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | ||||||||||||||||
| Advanced Principal | 12,601.86 | 15,690.07 | 44,965.00 | 8,767.16 | 84,869.47 | ||||||||||||||||
| TOTAL PRINCIPAL COLLECTED | 1,295,881.88 | 2,317,010.86 | 2,998,778.05 | 14,403.88 | 7,191,409.73 | ||||||||||||||||
| PRINCIPAL - WITHDRAWALS | |||||||||||||||||||||
| SPACE INTENTIONALLY LEFT BLANK | |||||||||||||||||||||
| Page 6 of 35 | |||||||||||||||||||||
| IndyMac INDX Mortgage Loan Trust 2006-AR7 | ||||||||||||||
| Mortgage Pass-Through Certificates | |||||||||||||||||||||
| May 25, 2006 Distribution | |||||||||||||||||||||
| PRINCIPAL - OTHER ACCOUNTS | |||||||||||||||||||||
| Group 5 | |||||||||||||||||||||
| TOTAL PRINCIPAL OTHER ACCOUNTS | 0.00 | ||||||||||||||||||||
| 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 | ||||||||||||||||
| INTEREST - COLLECTIONS | |||||||||||||||||||||
| Group 5 | |||||||||||||||||||||
| Scheduled Interest | 479,355.21 | ||||||||||||||||||||
| Repurchased/Substitution Interest | 0.00 | ||||||||||||||||||||
| Liquidation Interest | 0.00 | ||||||||||||||||||||
| Insurance Interest | 0.00 | ||||||||||||||||||||
| Other Additional Interest | 0.00 | ||||||||||||||||||||
| Prepayment Interest Shortfalls | -0.00 | ||||||||||||||||||||
| Delinquent Interest | -372,386.31 | ||||||||||||||||||||
| Compensating Interest | 0.00 | ||||||||||||||||||||
| Civil Relief Act Shortfalls | -0.00 | ||||||||||||||||||||
| Interest Advanced | 351,065.35 | ||||||||||||||||||||
| TOTAL INTEREST COLLECTED | 458,034.25 | ||||||||||||||||||||
| INTEREST - COLLECTIONS | |||||||||||||||||||||
| Group 4 | Group 3 | Group 2 | Group 1 | Total | |||||||||||||||||
| Scheduled Interest | 529,138.97 | 1,056,701.74 | 2,276,831.65 | 336,759.11 | 4,678,786.68 | ||||||||||||||||
| Repurchased/Substitution Interest | 0.00 | 0.00 | 1,924.36 | 0.00 | 1,924.36 | ||||||||||||||||
| 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 | 0.00 | 0.00 | ||||||||||||||||
| Prepayment Interest Shortfalls | -1,125.91 | -0.00 | -1,797.66 | -0.00 | -2,923.57 | ||||||||||||||||
| Delinquent Interest | -411,941.97 | -819,390.76 | -1,774,636.03 | -264,474.12 | -3,642,829.19 | ||||||||||||||||
| Compensating Interest | 1,125.91 | 0.00 | 1,797.66 | 0.00 | 2,923.57 | ||||||||||||||||
| Civil Relief Act Shortfalls | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | ||||||||||||||||
| Interest Advanced | 388,751.75 | 772,942.21 | 1,675,158.60 | 249,297.07 | 3,437,214.98 | ||||||||||||||||
| TOTAL INTEREST COLLECTED | 505,948.75 | 1,010,253.19 | 2,179,278.57 | 321,582.06 | 4,475,096.83 | ||||||||||||||||
| Page 7 of 35 | |||||||||||||||||||||
| IndyMac INDX Mortgage Loan Trust 2006-AR7 | ||||||||||||||
| Mortgage Pass-Through Certificates | |||||||||||||||||||||
| May 25, 2006 Distribution | |||||||||||||||||||||
| INTEREST - WITHDRAWALS | |||||||||||||||||||||
| SPACE INTENTIONALLY LEFT BLANK | |||||||||||||||||||||
| INTEREST - OTHER ACCOUNTS | |||||||||||||||||||||
| Group 5 | |||||||||||||||||||||
| Hard Prepayment Charges | 0.00 | ||||||||||||||||||||
| Soft Prepayment Charges | 0.00 | ||||||||||||||||||||
| TOTAL INTEREST OTHER ACCOUNTS | 0.00 | ||||||||||||||||||||
| INTEREST - OTHER ACCOUNTS | |||||||||||||||||||||
| Group 4 | Group 3 | Group 2 | Group 1 | Total | |||||||||||||||||
| Hard Prepayment Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||
| Soft Prepayment Charges | 0.00 | 0.00 | 799.20 | 0.00 | 799.20 | ||||||||||||||||
| TOTAL INTEREST OTHER ACCOUNTS | 0.00 | 0.00 | 799.20 | 0.00 | 799.20 | ||||||||||||||||
| Page 8 of 35 | |||||||||||||||||||||
| IndyMac INDX Mortgage Loan Trust 2006-AR7 | ||||||||||||||
| Mortgage Pass-Through Certificates | |||||||||||||||||||||
| May 25, 2006 Distribution | |||||||||||||||||||||
| INTEREST - FEES | |||||||||||||||||||||
| Group 5 | |||||||||||||||||||||
| Current Servicing Fees | 6,136.01 | ||||||||||||||||||||
| Trustee Fees | 402.70 | ||||||||||||||||||||
| TOTAL INTEREST FEES | 6,538.71 | ||||||||||||||||||||
| INTEREST - FEES | |||||||||||||||||||||
| Group 4 | Group 3 | Group 2 | Group 1 | Total | |||||||||||||||||
| Current Servicing Fees | 6,661.28 | 13,762.47 | 28,509.12 | 4,022.06 | 59,090.94 | ||||||||||||||||
| Trustee Fees | 437.82 | 883.09 | 1,877.14 | 281.59 | 3,882.34 | ||||||||||||||||
| TOTAL INTEREST FEES | 7,099.10 | 14,645.56 | 30,386.25 | 4,303.65 | 62,973.28 | ||||||||||||||||
| Page 9 of 35 | |||||||||||||||||||||
| IndyMac INDX Mortgage Loan Trust 2006-AR7 | ||||||||||||||
| Mortgage Pass-Through Certificates | |||||||||||||||||||||
| May 25, 2006 Distribution | |||||||||||||||||||||
| Collateral Report | |||||||||||||||||||||
| COLLATERAL | |||||||||||||||||||||
| Group 5 | |||||||||||||||||||||
| Loan Count: | |||||||||||||||||||||
| Original | 154 | ||||||||||||||||||||
| Prior | 154 | ||||||||||||||||||||
| Prefunding | 0 | ||||||||||||||||||||
| Scheduled Paid Offs | -0 | ||||||||||||||||||||
| Full Voluntary Prepayments | -1 | ||||||||||||||||||||
| Repurchases | -0 | ||||||||||||||||||||
| Liquidations | -0 | ||||||||||||||||||||
| Current | 153 | ||||||||||||||||||||
| Principal Balance: | |||||||||||||||||||||
| Original | 87,871,102.71 | ||||||||||||||||||||
| Prior | 87,862,290.25 | ||||||||||||||||||||
| Prefunding | 0.00 | ||||||||||||||||||||
| Scheduled Principal | -4,493.64 | ||||||||||||||||||||
| Partial Prepayments | (1,158.58) | ||||||||||||||||||||
| Full Voluntary Prepayments | -562,000.00 | ||||||||||||||||||||
| Repurchases | -0.00 | ||||||||||||||||||||
| Liquidations | -0.00 | ||||||||||||||||||||
| Current | 87,296,955.19 | ||||||||||||||||||||
| Group 4 | Group 3 | Group 2 | Group 1 | Total | |||||||||||||||||
| Loan Count: | |||||||||||||||||||||
| Original | 382 | 354 | 1,751 | 198 | 2,839 | ||||||||||||||||
| Prior | 380 | 351 | 1,736 | 198 | 2,819 | ||||||||||||||||
| Prefunding | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
| Scheduled Paid Offs | -0 | -0 | -0 | -0 | -0 | ||||||||||||||||
| Full Voluntary Prepayments | -5 | -4 | -10 | -0 | -20 | ||||||||||||||||
| Repurchases | -0 | -0 | -1 | -0 | -1 | ||||||||||||||||
| Liquidations | -0 | -0 | -0 | -0 | -0 | ||||||||||||||||
| Current | 375 | 347 | 1,725 | 198 | 2,798 | ||||||||||||||||
| Principal Balance: | |||||||||||||||||||||
| Original | 96,061,235.15 | 194,385,317.46 | 413,221,033.59 | 61,446,914.39 | 852,985,603.30 | ||||||||||||||||
| Prior | 95,524,823.24 | 192,675,228.23 | 409,556,957.79 | 61,437,150.18 | 847,056,449.69 | ||||||||||||||||
| Prefunding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||
| Scheduled Principal | -16,136.92 | -21,719.07 | -56,101.83 | -10,972.03 | -109,423.49 | ||||||||||||||||
| Partial Prepayments | -9,546.63 | -2,391.79 | -136,654.44 | -3,431.85 | -150,866.13 | ||||||||||||||||
| Full Voluntary Prepayments | -1,270,198.33 | -2,292,900.00 | -2,503,171.78 | -0.00 | -6,628,270.11 | ||||||||||||||||
| Repurchases | -0.00 | -0.00 | -302,850.00 | -0.00 | -302,850.00 | ||||||||||||||||
| Liquidations | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | ||||||||||||||||
| Current | 94,228,941.36 | 190,358,217.37 | 406,558,179.74 | 61,422,746.30 | 839,865,039.96 | ||||||||||||||||
| Page 10 of 35 | |||||||||||||||||||||
| IndyMac INDX Mortgage Loan Trust 2006-AR7 | ||||||||||||||
| Mortgage Pass-Through Certificates | |||||||||||||||||||||
| May 25, 2006 Distribution | |||||||||||||||||||||
| PREFUNDING | |||||||||||||||||||||
| SPACE INTENTIONALLY LEFT BLANK | |||||||||||||||||||||
|
|
| Page 11 of 35 | |||||||||||||||||||||
| IndyMac INDX Mortgage Loan Trust 2006-AR7 | ||||||||||||||
| Mortgage Pass-Through Certificates | |||||||||||||||||||||
| May 25, 2006 Distribution | |||||||||||||||||||||
| CHARACTERISTICS | |||||||||||||||||||||
| Group 5 | |||||||||||||||||||||
| Weighted Average Coupon Original | 6.54688% | ||||||||||||||||||||
| Weighted Average Coupon Prior | 6.54688% | ||||||||||||||||||||
| Weighted Average Coupon Current | 6.54691% | ||||||||||||||||||||
| Weighted Average Months to Maturity Original | 358 | ||||||||||||||||||||
| Weighted Average Months to Maturity Prior | 358 | ||||||||||||||||||||
| Weighted Average Months to Maturity Current | 357 | ||||||||||||||||||||
| Weighted Avg Remaining Amortization Term Original | 361 | ||||||||||||||||||||
| Weighted Avg Remaining Amortization Term Prior | 361 | ||||||||||||||||||||
| Weighted Avg Remaining Amortization Term Current | 361 | ||||||||||||||||||||
| Weighted Average Seasoning Original | 1.62 | ||||||||||||||||||||
| Weighted Average Seasoning Prior | 1.62 | ||||||||||||||||||||
| Weighted Average Seasoning Current | 2.63 | ||||||||||||||||||||
| CHARACTERISTICS | |||||||||||||||||||||
| Group 4 | Group 3 | Group 2 | Group 1 | Total | |||||||||||||||||
| Weighted Average Coupon Original | 6.64567% | 6.58638% | 6.68002% | 6.57761% | 6.63372% | ||||||||||||||||
| Weighted Average Coupon Prior | 6.64567% | 6.58638% | 6.68002% | 6.57761% | 6.63372% | ||||||||||||||||
| Weighted Average Coupon Current | 6.64714% | 6.58124% | 6.67674% | 6.57763% | 6.63103% | ||||||||||||||||
| Weighted Average Months to Maturity Original | 358 | 358 | 358 | 358 | 358 | ||||||||||||||||
| Weighted Average Months to Maturity Prior | 358 | 358 | 358 | 358 | 358 | ||||||||||||||||
| Weighted Average Months to Maturity Current | 357 | 357 | 357 | 357 | 357 | ||||||||||||||||
| Weighted Avg Remaining Amortization Term Original | 364 | 359 | 361 | 364 | 361 | ||||||||||||||||
| Weighted Avg Remaining Amortization Term Prior | 364 | 359 | 361 | 364 | 361 | ||||||||||||||||
| Weighted Avg Remaining Amortization Term Current | 363 | 358 | 360 | 363 | 360 | ||||||||||||||||
| Weighted Average Seasoning Original | 1.60 | 1.97 | 2.09 | 2.38 | 1.98 | ||||||||||||||||
| Weighted Average Seasoning Prior | 1.60 | 1.97 | 2.09 | 2.38 | 1.98 | ||||||||||||||||
| Weighted Average Seasoning Current | 2.59 | 2.96 | 3.09 | 3.38 | 2.98 | ||||||||||||||||
 |
 |
| Page 12 of 35 | |||||||||||||||||||||
| IndyMac INDX Mortgage Loan Trust 2006-AR7 | ||||||||||||||
| Mortgage Pass-Through Certificates | |||||||||||||||||||||
| May 25, 2006 Distribution | |||||||||||||||||||||
 |
 |
| Page 13 of 35 | |||||||||||||||||||||
| IndyMac INDX Mortgage Loan Trust 2006-AR7 | ||||||||||||||
| Mortgage Pass-Through Certificates | |||||||||||||||||||||
| May 25, 2006 Distribution | |||||||||||||||||||||
| ARM CHARACTERISTICS | |||||||||||||||||||||
| Group 5 | |||||||||||||||||||||
| Weighted Average Margin Original | 2.67015% | ||||||||||||||||||||
| Weighted Average Margin Prior | 2.67015% | ||||||||||||||||||||
| Weighted Average Margin Current | 2.67016% | ||||||||||||||||||||
| Weighted Average Max Rate Original | 11.73559% | ||||||||||||||||||||
| Weighted Average Max Rate Prior | 11.73559% | ||||||||||||||||||||
| Weighted Average Max Rate Current | 11.73561% | ||||||||||||||||||||
| Weighted Average Min Rate Original | 0.91540% | ||||||||||||||||||||
| Weighted Average Min Rate Prior | 0.91540% | ||||||||||||||||||||
| Weighted Average Min Rate Current | 0.91542% | ||||||||||||||||||||
| Weighted Average Cap Up Original | 1.93456% | ||||||||||||||||||||
| Weighted Average Cap Up Prior | 1.93456% | ||||||||||||||||||||
| Weighted Average Cap Up Current | 1.93456% | ||||||||||||||||||||
| Weighted Average Cap Down Original | 1.93456% | ||||||||||||||||||||
| Weighted Average Cap Down Prior | 1.93456% | ||||||||||||||||||||
| Weighted Average Cap Down Current | 1.93456% | ||||||||||||||||||||
| ARM CHARACTERISTICS | |||||||||||||||||||||
| Group 4 | Group 3 | Group 2 | Group 1 | Total | |||||||||||||||||
| Weighted Average Margin Original | 2.71451% | 2.70089% | 2.87493% | 2.91460% | 2.79896% | ||||||||||||||||
| Weighted Average Margin Prior | 2.71451% | 2.70089% | 2.87493% | 2.91460% | 2.79896% | ||||||||||||||||
| Weighted Average Margin Current | 2.71432% | 2.70332% | 2.87885% | 2.91456% | 2.80131% | ||||||||||||||||
| Weighted Average Max Rate Original | 11.77349% | 11.92351% | 12.11886% | 12.37071% | 12.01411% | ||||||||||||||||
| Weighted Average Max Rate Prior | 11.77349% | 11.92351% | 12.11886% | 12.37071% | 12.01411% | ||||||||||||||||
| Weighted Average Max Rate Current | 11.77564% | 11.91827% | 12.11739% | 12.37070% | 12.01233% | ||||||||||||||||
| Weighted Average Min Rate Original | 1.55457% | 1.10997% | 1.61424% | 1.65685% | 1.42368% | ||||||||||||||||
| Weighted Average Min Rate Prior | 1.55457% | 1.10997% | 1.61424% | 1.65685% | 1.42368% | ||||||||||||||||
| Weighted Average Min Rate Current | 1.55703% | 1.11970% | 1.61534% | 1.65683% | 1.42643% | ||||||||||||||||
| Weighted Average Cap Up Original | 1.92753% | 1.79289% | 1.61237% | 1.49632% | 1.71383% | ||||||||||||||||
| Weighted Average Cap Up Prior | 1.92753% | 1.79289% | 1.61237% | 1.49632% | 1.71383% | ||||||||||||||||
| Weighted Average Cap Up Current | 1.92714% | 1.79411% | 1.61251% | 1.49630% | 1.71428% | ||||||||||||||||
| Weighted Average Cap Down Original | 1.92753% | 1.79289% | 1.61237% | 1.49632% | 1.71383% | ||||||||||||||||
| Weighted Average Cap Down Prior | 1.92753% | 1.79289% | 1.61237% | 1.49632% | 1.71383% | ||||||||||||||||
| Weighted Average Cap Down Current | 1.92714% | 1.79411% | 1.61251% | 1.49630% | 1.71428% | ||||||||||||||||
| Page 14 of 35 | |||||||||||||||||||||
| IndyMac INDX Mortgage Loan Trust 2006-AR7 | ||||||||||||||
| Mortgage Pass-Through Certificates | |||||||||||||||||||||
| May 25, 2006 Distribution | |||||||||||||||||||||
| SERVICING FEES & ADVANCES | |||||||||||||||||||||
| Group 5 | |||||||||||||||||||||
| Current Servicing Fees | 6,136.01 | ||||||||||||||||||||
| Delinquent Servicing Fees | 21,320.96 | ||||||||||||||||||||
| TOTAL SERVICING FEES | 27,456.97 | ||||||||||||||||||||
| Total Servicing Fees | 27,456.97 | ||||||||||||||||||||
| Compensating Interest | -0.00 | ||||||||||||||||||||
| Delinquent Servicing Fees | -21,320.96 | ||||||||||||||||||||
| COLLECTED SERVICING FEES | 6,136.01 | ||||||||||||||||||||
| Total Advanced Interest | 351,065.35 | ||||||||||||||||||||
| Total Advanced Principal | 2,845.38 | ||||||||||||||||||||
| Aggregate Advances with respect to this Distribution | 353,910.73 | ||||||||||||||||||||
| SERVICING FEES & ADVANCES | |||||||||||||||||||||
| Group 4 | Group 3 | Group 2 | Group 1 | Total | |||||||||||||||||
| Current Servicing Fees | 6,661.28 | 13,762.47 | 28,509.12 | 4,022.06 | 59,090.94 | ||||||||||||||||
| Delinquent Servicing Fees | 23,190.22 | 46,448.54 | 99,477.43 | 15,177.05 | 205,614.20 | ||||||||||||||||
| TOTAL SERVICING FEES | 29,851.51 | 60,211.01 | 127,986.55 | 19,199.11 | 264,705.15 | ||||||||||||||||
| Total Servicing Fees | 29,851.51 | 60,211.01 | 127,986.55 | 19,199.11 | 264,705.15 | ||||||||||||||||
| Compensating Interest | -1,125.91 | -0.00 | -1,797.66 | -0.00 | -2,923.57 | ||||||||||||||||
| Delinquent Servicing Fees | -23,190.22 | -46,448.54 | -99,477.43 | -15,177.05 | -205,614.20 | ||||||||||||||||
| COLLECTED SERVICING FEES | 5,535.37 | 13,762.47 | 26,711.47 | 4,022.06 | 56,167.38 | ||||||||||||||||
| Total Advanced Interest | 388,751.75 | 772,942.21 | 1,675,158.60 | 249,297.07 | 3,437,214.98 | ||||||||||||||||
| Total Advanced Principal | 12,601.86 | 15,690.07 | 44,965.00 | 8,767.16 | 84,869.47 | ||||||||||||||||
| Aggregate Advances with respect to this Distribution | 401,353.61 | 788,632.28 | 1,720,123.60 | 258,064.23 | 3,522,084.45 | ||||||||||||||||
| Page 15 of 35 | |||||||||||||||||||||
| IndyMac INDX Mortgage Loan Trust 2006-AR7 | ||||||||||||||
| Mortgage Pass-Through Certificates | |||||||||||||||||||||
| May 25, 2006 Distribution | |||||||||||||||||||||
| ADDITIONAL COLLATERAL INFORMATION | |||||||||||||||||||||
| Group 5 | |||||||||||||||||||||
| Prepayment Interest Shortfall (PPIS) | 0.00 | ||||||||||||||||||||
| Compensating Interest | 0.00 | ||||||||||||||||||||
| Net Prepayment Interest Shortfall (PPIS) | 0.00 | ||||||||||||||||||||
| Weighted Average Net Mortgage Rate | 6.166407% | ||||||||||||||||||||
| ADDITIONAL COLLATERAL INFORMATION | |||||||||||||||||||||
| Group 4 | Group 3 | Group 2 | Group 1 | Total | |||||||||||||||||
| Prepayment Interest Shortfall (PPIS) | 0.00 | 1,797.66 | 0.00 | 2,923.57 | |||||||||||||||||
| 1,125.91 | |||||||||||||||||||||
| Compensating Interest | 0.00 | (1,797.66) | 0.00 | (2,923.57) | |||||||||||||||||
| (1,125.91) | |||||||||||||||||||||
| Net Prepayment Interest Shortfall (PPIS) | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||||||||
| 0.00 | |||||||||||||||||||||
| Weighted Average Net Mortgage Rate | 6.200741% | 6.296245% | 6.197131% | 6.250526% | |||||||||||||||||
| 6.266639% | |||||||||||||||||||||
| Page 16 of 35 | |||||||||||||||||||||
| IndyMac INDX Mortgage Loan Trust 2006-AR7 | ||||||||||||||
| Mortgage Pass-Through Certificates | |||||||||||||||||||||
| May 25, 2006 Distribution | |||||||||||||||||||||
| Delinquency Report | |||||||||||||||||||||
| TOTAL | |||||||||||||||||||||
| < 1 PAYMENT | 1 PAYMENT | 2 PAYMENTS | 3+ PAYMENTS | TOTAL | |||||||||||||||||
| DELINQUENT | Balance | 31,590,627.61 | 7,002,809.72 | 0.00 | 38,593,437.33 | ||||||||||||||||
| % Balance | 3.76% | 0.83% | 0.00% | 4.60% | |||||||||||||||||
| # Loans | 107 | 25 | 0 | 132 | |||||||||||||||||
| % # Loans | 3.82% | 0.89% | 0.00% | 4.72% | |||||||||||||||||
| 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 | 31,590,627.61 | 7,002,809.72 | 0.00 | 38,593,437.33 | |||||||||||||||
| % Balance | 0.00% | 3.76% | 0.83% | 0.00% | 4.60% | ||||||||||||||||
| # Loans | 0 | 107 | 25 | 0 | 132 | ||||||||||||||||
| % # Loans | 0.00% | 3.82% | 0.89% | 0.00% | 4.72% | ||||||||||||||||
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| Page 17 of 35 | |||||||||||||||||||||
| IndyMac INDX Mortgage Loan Trust 2006-AR7 | ||||||||||||||
| Mortgage Pass-Through Certificates | |||||||||||||||||||||
| May 25, 2006 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 | ||||||||||||||
| Page 18 of 35 | |||||||||||||||||||||
| IndyMac INDX Mortgage Loan Trust 2006-AR7 | ||||||||||||||
| Mortgage Pass-Through Certificates | |||||||||||||||||||||
| May 25, 2006 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 | ||||||||||||||
| Page 19 of 35 | |||||||||||||||||||||
| IndyMac INDX Mortgage Loan Trust 2006-AR7 | ||||||||||||||
| Mortgage Pass-Through Certificates | |||||||||||||||||||||
| May 25, 2006 Distribution | |||||||||||||||||||||
| Prepayment Report | |||||||||||||||||||||
| VOLUNTARY PREPAYMENTS | |||||||||||||||||||||
| Group 5 | |||||||||||||||||||||
| Current | |||||||||||||||||||||
| Number of Paid in Full Loans | 1 | ||||||||||||||||||||
| Number of Repurchased Loans | 0 | ||||||||||||||||||||
| Total Number of Loans Prepaid in Full | 1 | ||||||||||||||||||||
| Curtailments Amount | (1,158.58) | ||||||||||||||||||||
| Paid in Full Balance | 562,000.00 | ||||||||||||||||||||
| Repurchased Loans Balance | 0.00 | ||||||||||||||||||||
| Total Prepayment Amount | 560,841.42 | ||||||||||||||||||||
| Cumulative | |||||||||||||||||||||
| Number of Paid in Full Loans | 1 | ||||||||||||||||||||
| Number of Repurchased Loans | 0 | ||||||||||||||||||||
| Total Number of Loans Prepaid in Full | 1 | ||||||||||||||||||||
| Paid in Full Balance | 562,000.00 | ||||||||||||||||||||
| Repurchased Loans Balance | 0.00 | ||||||||||||||||||||
| Curtailments Amount | 3,171.84 | ||||||||||||||||||||
| Total Prepayment Amount | 565,171.84 | ||||||||||||||||||||
| VOLUNTARY PREPAYMENTS | |||||||||||||||||||||
| Group 4 | Group 3 | Group 2 | Group 1 | Total | |||||||||||||||||
| Current | |||||||||||||||||||||
| Number of Paid in Full Loans | 5 | 4 | 10 | 0 | 20 | ||||||||||||||||
| Number of Repurchased Loans | 0 | 0 | 1 | 0 | 1 | ||||||||||||||||
| Total Number of Loans Prepaid in Full | 5 | 4 | 11 | 0 | 21 | ||||||||||||||||
| Curtailments Amount | 9,546.63 | 2,391.79 | 136,654.44 | 3,431.85 | 150,866.13 | ||||||||||||||||
| Paid in Full Balance | 1,270,198.33 | 2,292,900.00 | 2,503,171.78 | 0.00 | 6,628,270.11 | ||||||||||||||||
| Repurchased Loans Balance | 0.00 | 0.00 | 302,850.00 | 0.00 | 302,850.00 | ||||||||||||||||
| Total Prepayment Amount | 1,279,744.96 | 2,295,291.79 | 2,942,676.22 | 3,431.85 | 7,081,986.24 | ||||||||||||||||
| Cumulative | |||||||||||||||||||||
| Number of Paid in Full Loans | 7 | 7 | 25 | 0 | 40 | ||||||||||||||||
| Number of Repurchased Loans | 0 | 0 | 1 | 0 | 1 | ||||||||||||||||
| Total Number of Loans Prepaid in Full | 7 | 7 | 26 | 0 | 41 | ||||||||||||||||
| Paid in Full Balance | 1,823,012.10 | 3,984,097.00 | 6,108,062.18 | 0.00 | 12,477,171.28 | ||||||||||||||||
| Repurchased Loans Balance | 0.00 | 0.00 | 302,850.00 | 0.00 | 302,850.00 | ||||||||||||||||
| Curtailments Amount | (23,129.00) | (362.83) | 138,757.66 | 2,255.45 | 120,693.12 | ||||||||||||||||
| Total Prepayment Amount | 1,799,883.10 | 3,983,734.17 | 6,549,669.84 | 2,255.45 | 12,900,714.40 | ||||||||||||||||
| Page 20 of 35 | |||||||||||||||||||||
| IndyMac INDX Mortgage Loan Trust 2006-AR7 | ||||||||||||||
| Mortgage Pass-Through Certificates | |||||||||||||||||||||
| May 25, 2006 Distribution | |||||||||||||||||||||
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| Page 21 of 35 | |||||||||||||||||||||
| IndyMac INDX Mortgage Loan Trust 2006-AR7 | ||||||||||||||
| Mortgage Pass-Through Certificates | |||||||||||||||||||||
| May 25, 2006 Distribution | |||||||||||||||||||||
| VOLUNTARY PREPAYMENTS RATES | |||||||||||||||||||||
| Group 5 | |||||||||||||||||||||
| SMM | 0.64% | ||||||||||||||||||||
| 3 Months Avg SMM | 0.32% | ||||||||||||||||||||
| 12 Months Avg SMM | 0.32% | ||||||||||||||||||||
| Avg SMM Since Cut-off | 0.32% | ||||||||||||||||||||
| CPR | 7.40% | ||||||||||||||||||||
| 3 Months Avg CPR | 3.80% | ||||||||||||||||||||
| 12 Months Avg CPR | 3.80% | ||||||||||||||||||||
| Avg CPR Since Cut-off | 3.80% | ||||||||||||||||||||
| PSA | 1,408.14% | ||||||||||||||||||||
| 3 Months Avg PSA Approximation | 893.86% | ||||||||||||||||||||
| 12 Months Avg PSA Approximation | 893.86% | ||||||||||||||||||||
| Avg PSA Since Cut-off Approximation | 893.86% | ||||||||||||||||||||
| VOLUNTARY PREPAYMENTS RATES | |||||||||||||||||||||
| Group 4 | Group 3 | Group 2 | Group 1 | Total | |||||||||||||||||
| SMM | 1.34% | 1.19% | 0.72% | 0.01% | 0.84% | ||||||||||||||||
| 3 Months Avg SMM | 0.94% | 1.03% | 0.80% | 0.00% | 0.76% | ||||||||||||||||
| 12 Months Avg SMM | 0.94% | 1.03% | 0.80% | 0.00% | 0.76% | ||||||||||||||||
| Avg SMM Since Cut-off | 0.94% | 1.03% | 0.80% | 0.00% | 0.76% | ||||||||||||||||
| CPR | 14.95% | 13.40% | 8.29% | 0.07% | 9.59% | ||||||||||||||||
| 3 Months Avg CPR | 10.73% | 11.69% | 9.14% | 0.02% | 8.74% | ||||||||||||||||
| 12 Months Avg CPR | 10.73% | 11.69% | 9.14% | 0.02% | 8.74% | ||||||||||||||||
| Avg CPR Since Cut-off | 10.73% | 11.69% | 9.14% | 0.02% | 8.74% | ||||||||||||||||
| PSA | 2,888.71% | 2,262.76% | 1,341.93% | 9.92% | 1,610.20% | ||||||||||||||||
| 3 Months Avg PSA Approximation | 2,561.10% | 2,368.95% | 1,763.84% | 3.84% | 1,762.33% | ||||||||||||||||
| 12 Months Avg PSA Approximation | 2,561.10% | 2,368.95% | 1,763.84% | 3.84% | 1,762.33% | ||||||||||||||||
| Avg PSA Since Cut-off Approximation | 2,561.10% | 2,368.95% | 1,763.84% | 3.84% | 1,762.33% | ||||||||||||||||
| Page 22 of 35 | |||||||||||||||||||||
| IndyMac INDX Mortgage Loan Trust 2006-AR7 | ||||||||||||||
| Mortgage Pass-Through Certificates | |||||||||||||||||||||
| May 25, 2006 Distribution | |||||||||||||||||||||
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| Page 23 of 35 | |||||||||||||||||||||
| IndyMac INDX Mortgage Loan Trust 2006-AR7 | ||||||||||||||
| Mortgage Pass-Through Certificates | |||||||||||||||||||||
| May 25, 2006 Distribution | |||||||||||||||||||||
 |
 |
| PREPAYMENT CALCULATION METHODOLOGY | |||||||||||||||||||||
| Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases + Liquidation Balance)/(Beg Principal Balance - Sched Principal) | |||||||||||||||||||||
| Conditional Prepayment Rate (CPR): 1-((1-SMM)^12) | |||||||||||||||||||||
| PSA Standard Prepayment Model: CPR/(0.02*min(30,WAS)) | |||||||||||||||||||||
| Average SMM over period between nth month and mth month (AvgSMMn,m): [(1-SMMn)*(1-SMMn+1)*...*(1-SMMm)]^(1/months in period n,m) | |||||||||||||||||||||
| Average CPR over period between the nth month and mth month (AvgCPRn,m): 1-((1-AvgSMMn,m)^12) | |||||||||||||||||||||
| Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.02*Avg WASn,m)) | |||||||||||||||||||||
| Average WASn,m: (min(30,WASn)+min(30,WASn+1)+...+min(30,WASm)/(number of months in the period n,m) | |||||||||||||||||||||
| Weighted Average Seasoning (WAS) | |||||||||||||||||||||
| Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments and repurchases. | |||||||||||||||||||||
| Dates correspond to distribution dates. | |||||||||||||||||||||
| Page 24 of 35 | |||||||||||||||||||||
| IndyMac INDX Mortgage Loan Trust 2006-AR7 | ||||||||||||||
| Mortgage Pass-Through Certificates | |||||||||||||||||||||
| May 25, 2006 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 | |||||||||||||
| 121749642 2 | 99,900.00 | 99,900.00 | 02-May-2006 | 8.375% | GA - 79.98% | Paid Off - 360 | 01-Dec-2005 | ||||||||||||||
| 122186623 3 | 518,000.00 | 518,000.00 | 09-May-2006 | 6.125% | CA - 74.00% | Paid Off - 360 | 01-Jan-2006 | ||||||||||||||
| 122407126 3 | 599,200.00 | 599,200.00 | 05-May-2006 | 6.875% | CA - 80.00% | Paid Off - 360 | 01-Jan-2006 | ||||||||||||||
| 122407169 2 | 300,000.00 | 300,000.00 | 02-May-2006 | 7.375% | OR - 80.00% | Paid Off - 360 | 01-Jan-2006 | ||||||||||||||
| 122407323 2 | 279,200.00 | 279,199.08 | 04-May-2006 | 7.000% | AZ - 80.00% | Paid Off - 360 | 01-Feb-2006 | ||||||||||||||
| 122407334 2 | 201,500.00 | 201,500.00 | 24-Apr-2006 | 6.875% | AZ - 79.99% | Paid Off - 360 | 01-Feb-2006 | ||||||||||||||
| 122413432 3 | 616,500.00 | 616,500.00 | 02-May-2006 | 7.250% | MO - 44.04% | Paid Off - 360 | 01-Feb-2006 | ||||||||||||||
| 122416496 4 | 167,200.00 | 167,200.00 | 09-May-2006 | 7.125% | FL - 79.98% | Paid Off - 360 | 01-Jan-2006 | ||||||||||||||
| 122643702 4 | 207,000.00 | 207,000.00 | 20-Apr-2006 | 6.125% | TN - 84.49% | Paid Off - 360 | 01-Feb-2006 | ||||||||||||||
| 122671540 2 | 396,000.00 | 396,000.00 | 08-May-2006 | 8.375% | CA - 80.00% | Paid Off - 360 | 01-Apr-2006 | ||||||||||||||
| 122696829 2 | 284,000.00 | 283,497.49 | 18-Apr-2006 | 6.625% | IL - 80.00% | Paid Off - 360 | 01-Mar-2006 | ||||||||||||||
| 122715964 5 | 562,000.00 | 562,000.00 | 05-May-2006 | 6.500% | CA - 87.00% | Paid Off - 360 | 01-Apr-2006 | ||||||||||||||
| 122731175 2 | 306,800.00 | 305,963.41 | 26-Apr-2006 | 6.500% | PA - 71.35% | Paid Off - 360 | 01-Feb-2006 | ||||||||||||||
| 122731284 2 | 260,000.00 | 260,000.00 | 02-May-2006 | 6.500% | MD - 80.00% | Paid Off - 360 | 01-Feb-2006 | ||||||||||||||
| 122731461 2 | 244,000.00 | 244,000.00 | 25-Apr-2006 | 7.750% | FL - 80.00% | Paid Off - 360 | 01-Feb-2006 | ||||||||||||||
| 122733899 4 | 315,000.00 | 315,000.00 | 08-May-2006 | 5.250% | CA - 60.00% | Paid Off - 360 | 01-Feb-2006 | ||||||||||||||
| 122789939 4 | 189,000.00 | 188,998.33 | 03-May-2006 | 6.250% | FL - 90.00% | Paid Off - 360 | 01-Feb-2006 | ||||||||||||||
| 122903719 4 | 392,000.00 | 392,000.00 | 21-Apr-2006 | 7.375% | CA - 79.19% | Paid Off - 360 | 01-Mar-2006 | ||||||||||||||
| 122931034 3 | 559,200.00 | 559,200.00 | 08-May-2006 | 7.000% | VA - 80.00% | Paid Off - 360 | 01-Apr-2006 | ||||||||||||||
| 122986016 2 | 133,221.00 | 133,111.80 | 17-Apr-2006 | 7.000% | CA - 75.00% | Paid Off - 360 | 01-Mar-2006 | ||||||||||||||
| 122779681 2 | 302,850.00 | 302,850.00 | 30-Apr-2006 | 7.625% | VA - 74.99% | Repur/Subs - 360 | 01-Jan-2006 | ||||||||||||||
| TOTAL | 6,932,571.00 | 6,931,120.11 | |||||||||||||||||||
| Page 25 of 35 | |||||||||||||||||||||
| IndyMac INDX Mortgage Loan Trust 2006-AR7 | ||||||||||||||
| Mortgage Pass-Through Certificates | |||||||||||||||||||||
| May 25, 2006 Distribution | |||||||||||||||||||||
| Realized Loss Report | |||||||||||||||||||||
| COLLATERAL REALIZED LOSSES | |||||||||||||||||||||
| Group 5 | |||||||||||||||||||||
| Current | |||||||||||||||||||||
| Subsequent Recoveries | 0.00 | ||||||||||||||||||||
| 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 | |||||||||||||||||||||
| Number of Loans Liquidated | 0 | ||||||||||||||||||||
| Collateral Realized Loss/(Gain) Amount | 0.00 | ||||||||||||||||||||
| Net Liquidation Proceeds | 0.00 | ||||||||||||||||||||
| Fraud Loss Coverage Amt | |||||||||||||||||||||
| Current Fraud Losses | |||||||||||||||||||||
| Special Hazard Loss Coverage Amt | |||||||||||||||||||||
| Current Special Hazard Losses | |||||||||||||||||||||
| Bankruptcy Loss Coverage Amt | |||||||||||||||||||||
| Current Bankruptcy Losses | |||||||||||||||||||||
| COLLATERAL REALIZED LOSSES | |||||||||||||||||||||
| Group 4 | Group 3 | Group 2 | Group 1 | Total | |||||||||||||||||
| Current | |||||||||||||||||||||
| Subsequent Recoveries | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||
| 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 | ||||||||||||||||
| Fraud Loss Coverage Amt | 25,589,568.00 | ||||||||||||||||||||
| Current Fraud Losses | 0.00 | ||||||||||||||||||||
| Special Hazard Loss Coverage Amt | 8,470,564.50 | ||||||||||||||||||||
| Current Special Hazard Losses | 0.00 | ||||||||||||||||||||
| Bankruptcy Loss Coverage Amt | 382,014.00 | ||||||||||||||||||||
| Current Bankruptcy Losses | 0.00 | ||||||||||||||||||||
| Page 26 of 35 | |||||||||||||||||||||
| IndyMac INDX Mortgage Loan Trust 2006-AR7 | ||||||||||||||
| Mortgage Pass-Through Certificates | |||||||||||||||||||||
| May 25, 2006 Distribution | |||||||||||||||||||||
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| Page 27 of 35 | |||||||||||||||||||||
| IndyMac INDX Mortgage Loan Trust 2006-AR7 | ||||||||||||||
| Mortgage Pass-Through Certificates | |||||||||||||||||||||
| May 25, 2006 Distribution | |||||||||||||||||||||
| DEFAULT SPEEDS | |||||||||||||||||||||
| Group 5 | |||||||||||||||||||||
| 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% | ||||||||||||||||||||
| 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% | ||||||||||||||||
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| May 25, 2006 Distribution | |||||||||||||||||||||
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| Page 29 of 35 | |||||||||||||||||||||
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| May 25, 2006 Distribution | |||||||||||||||||||||
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| 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. | |||||||||||||||||||||
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| May 25, 2006 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 31 of 35 | |||||||||||||||||||||
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| Triggers and Adj. Cert. Report | |||||||||||||||||||||
| TRIGGER EVENTS | |||||||||||||||||||||
| Group 5 | |||||||||||||||||||||
| Has Optional Termination Date Reached (0=No,1=Yes) | |||||||||||||||||||||
| Has Sr. Stepdown Conditions Occurred (0=No,1=Yes) | |||||||||||||||||||||
| Has Sr. Credit Supp. Depletion Date Occured | |||||||||||||||||||||
| Has Spl. Haz. Cov. Term. Date Occured (0=No,1=Yes) | |||||||||||||||||||||
| Has Fraud Loss Coverage Term. Date Occured | |||||||||||||||||||||
| Has Bankrpt Loss Cov. Term. Date Occured | |||||||||||||||||||||
| TRIGGER EVENTS | |||||||||||||||||||||
| Group 4 | Group 3 | Group 2 | Group 1 | Total | |||||||||||||||||
| Has Optional Termination Date Reached (0=No,1=Yes) | No | ||||||||||||||||||||
| Has Sr. Stepdown Conditions Occurred (0=No,1=Yes) | Yes | ||||||||||||||||||||
| Has Sr. Credit Supp. Depletion Date Occured | No | ||||||||||||||||||||
| Has Spl. Haz. Cov. Term. Date Occured (0=No,1=Yes) | No | ||||||||||||||||||||
| Has Fraud Loss Coverage Term. Date Occured | No | ||||||||||||||||||||
| Has Bankrpt Loss Cov. Term. Date Occured | No | ||||||||||||||||||||
| ADJUSTABLE RATE CERTIFICATE INFORMATION | |||||||||||||||||||||
| SPACE INTENTIONALLY LEFT BLANK | |||||||||||||||||||||
| Page 32 of 35 | |||||||||||||||||||||
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| May 25, 2006 Distribution | |||||||||||||||||||||
| ADDITIONAL INFORMATION | |||||||||||||||||||||
| Group 5 | |||||||||||||||||||||
| Current Senior Percentage | 91.748755% | ||||||||||||||||||||
| Current Subordinate Percentage | 8.251245% | ||||||||||||||||||||
| Senior Prepayment Percentage | 100.000000% | ||||||||||||||||||||
| Subordinate Prepayment Percentage | 0.000000% | ||||||||||||||||||||
| ADDITIONAL INFORMATION | |||||||||||||||||||||
| Group 4 | Group 3 | Group 2 | Group 1 | Total | |||||||||||||||||
| Current Senior Percentage | 91.704886% | 91.677430% | 91.677269% | 91.749435% | 91.693069% | ||||||||||||||||
| Current Subordinate Percentage | 8.295114% | 8.322570% | 8.322731% | 8.250565% | 8.306931% | ||||||||||||||||
| Senior Prepayment Percentage | 100.000000% | 100.000000% | 100.000000% | 100.000000% | 93.361668% | ||||||||||||||||
| Subordinate Prepayment Percentage | 0.000000% | 0.000000% | 0.000000% | 0.000000% | 6.638332% | ||||||||||||||||
| Page 33 of 35 | |||||||||||||||||||||
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| Other Related Information | |||||||||||||||||||||
| ADDITIONAL INFORMATION | |||||||||||||||||||||
| Group 5 | |||||||||||||||||||||
| 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 34 of 35 | |||||||||||||||||||||
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| May 25, 2006 Distribution | |||||||||||||||||||||
| ADDITIONAL INFORMATION | |||||||||||||||||||||
| Group 4 | Group 3 | Group 2 | Group 1 | Total | |||||||||||||||||
| Sched. Payments for 60+Day Delinquent Loans | 1,227.47 | 15,086.35 | 23,491.42 | 2,310.94 | 0.00 | ||||||||||||||||
| Sched. Pmts - 60+Day Delinquent Loans, 1 Month Prior | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||
| Sched. Pmts - 60+Day Delinquent Loans, 2 Month Prior | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||
| Sched. Pmts - 60+Day Delinquent Loans, 3 Month Prior | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||
| 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 | ||||||||||||||||
| Page 35 of 35 | |||||||||||||||||||||