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|-------------------------------------------- | ---------- | --------- | ----------- | ----- | ----- |  | ----------------------- |  | ----- |  | --------- |  |  |  | -------------- | 
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|IndyMac Home Equity Loan Trust Series 2004-2
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|2004 Annual Statement                       
|                                             |            |           |             |       |       |  |                         |  |       |  |           |  |  |  |                | 
|                                             |            |           |             |       |       |  | DISTRIBUTION IN DOLLARS |  |       |  |           |  | 
|                                             |            |           |             |       |       |  |                         |  |       |  |           |  |  |  | ENDING BALANCE | 
|PERIOD                                       |            | CLASS     |             | CUSIP |       |  | INTEREST                |  |       |  | PRINCIPAL |  | 
|200410                                       | A          | 45661AAC6 | $821,666.67 |       | $0.00 |  | $500,000,000.00         | 
|200411                                       | A          | 45661AAC6 | $959,444.44 |       | $0.00 |  | $500,000,000.00         | 
|200412                                       | A          | 45661AAC6 | $958,864.86 |       | $0.00 |  | $500,000,000.00         | 
|                                             |            |           |             |       |       |  |                         |  |       |  |           |  |  |  |                | 
|                                             |            |           |             |       |       |  | $2,739,975.97           |  | $0.00 |  |           |  | 
|200410                                       | Transferor | IN04H40T1 | $0.00       |       | $0.00 |  | $0.00                   | 
|200411                                       | Transferor | IN04H40T1 | $0.00       |       | $0.00 |  | $0.00                   | 
|200412                                       | Transferor | IN04H40T1 | $0.00       |       | $0.00 |  | $0.00                   | 
|                                             |            |           |             |       |       |  |                         |  |       |  |           |  |  |  |                | 
|                                             |            |           |             |       |       |  | $0.00                   |  | $0.00 |  |           |  | 
|                                             |            |           |             |       |       |  | $2,739,975.97           |  | $0.00 |  |           |  |