ARM Loans

EX-99 3 dec2001arm.htm EXHIBIT 99.1 ARM Loans

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 2001-3
ARM Loans
	Retail		Correspondent		Broker		NLC		Total
Category	#	$	#	$	#	$	#	$	#	$
Original	19	$1,152,425	0	$0	29	$2,774,236	0	$0	48	$3,926,661
LTV/WAC	74.26%	10.87%	0.00%	0.00%	79.23%	10.81%	0.00%	0.00%	77.77%	10.83%
NON/2-4	18.68%	11.25%	0.00%	0.00%	6.11%	14.28%	0.00%	0.00%	9.80%	13.39%
Low/NIV	2.86%	28.07%	0.00%	0.00%	0.00%	36.67%	0.00%	0.00%	0.84%	34.15%
A/A-	2	$89,850	0	$0	9	$1,198,251	0	$0	11	$1,288,101
B	6	$599,900	0	$0	9	$715,400	0	$0	15	$1,315,300
C	9	$367,825	0	$0	5	$470,460	0	$0	14	$838,285
C-	0	$0	0	$0	4	$263,625	0	$0	4	$263,625
D	2	$94,850	0	$0	2	$126,500	0	$0	4	$221,350
Remaining	19	$1,149,235	0	$0	29	$2,765,087	0	$0	48	$3,914,322
LTV/WAC	74.26%	10.87%	0.00%	0.00%	79.23%	10.81%	0.00%	0.00%	77.77%	10.83%
A/A-	2	$89,373	0	$0	9	$1,194,511	0	$0	11	$1,283,884
B	6	$598,231	0	$0	9	$712,612	0	$0	15	$1,310,843
C	9	$366,899	0	$0	5	$469,478	0	$0	14	$836,377
C-	0	$0	0	$0	4	$262,172	0	$0	4	$262,172
D	2	$94,732	0	$0	2	$126,314	0	$0	4	$221,046
Paid Off	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
Status
CURRENT	13	$811,087	0	$0	29	$2,765,087	0	$0	42	$3,576,174
30-59	2	$81,703	0	$0	0	$0	0	$0	2	$81,703
60-89	4	$256,445	0	$0	0	$0	0	$0	4	$256,445
90-119	0	$0	0	$0	0	$0	0	$0	0	$0
120-219	0	$0	0	$0	0	$0	0	$0	0	$0
180-269	0	$0	0	$0	0	$0	0	$0	0	$0
270-359	0	$0	0	$0	0	$0	0	$0	0	$0
360+	0	$0	0	$0	0	$0	0	$0	0	$0
REO	0	$0	0	$0	0	$0	0	$0	0	$0
90+REO	-	$0	-	$0	-	$0	-	$0	0	$0
Loss To Date
% to Original	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
Severity	0.00%		0.00%		0.00%		0.00%		0.00%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
B	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
C	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
C-	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
D	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
Loss by Characteristic	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
Low Doc	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
2-4 Unit	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
NIV	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
Non-Owner	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
90+ & REO
A/A-, B , C	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
C- , D, NON	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
2-4, LOW , NIV	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
As of: Dec 2001

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 2001-2
ARM Loans
	Retail		Correspondent		Broker		NLC		Total
Category	#	$	#	$	#	$	#	$	#	$
Original	86	$8,396,490	0	$0	70	$6,124,956	0	$0	156	$14,521,446
LTV/WAC	75.46%	10.79%	0.00%	0.00%	80.90%	10.50%	0.00%	0.00%	77.76%	10.67%
NON/2-4	24.53%	12.13%	0.00%	0.00%	7.52%	11.47%	0.00%	0.00%	17.36%	11.85%
Low/NIV	12.03%	10.84%	0.00%	0.00%	2.00%	30.45%	0.00%	0.00%	7.80%	19.11%
A/A-	31	$2,696,200	0	$0	36	$3,911,651	0	$0	67	$6,607,851
B	27	$2,742,240	0	$0	21	$1,533,270	0	$0	48	$4,275,510
C	21	$2,002,800	0	$0	11	$480,600	0	$0	156.60%	$0
C-	1	$69,000	0	$0	1	$48,385	0	$0	2	$117,385
D	6	$886,250	0	$0	1	$151,050	0	$0	7	$1,037,300
Remaining	78	$6,784,697	0	$0	69	$5,797,845	0	$0	147	$12,582,541
LTV/WAC	75.49%	10.66%	0.00%	0.00%	81.11%	10.50%	0.00%	0.00%	78.08%	10.59%
A/A-	30	$2,487,740	0	$0	35	$3,591,030	0	$0	65	$6,078,770
B	23	$2,054,460	0	$0	21	$1,528,320	0	$0	44	$3,582,780
C	19	$1,396,696	0	$0	11	$479,571	0	$0	30	$1,876,267
C-	1	$68,832	0	$0	1	$48,241	0	$0	2	$117,073
D	5	$776,969	0	$0	1	$150,683	0	$0	6	$927,652
Paid Off	17.18%	$1,442,200	0.00%	$0	3.87%	$237,000	0.00%	$0	11.56%	$1,679,200
Status
CURRENT	57	$5,094,660	0	$0	53	$4,591,952	0	$0	110	$9,686,612
30-59	6	$380,664	0	$0	5	$369,143	0	$0	11	$749,806
60-89	3	$430,564	0	$0	2	$73,607	0	$0	5	$504,171
90-119	6	$406,208	0	$0	3	$184,491	0	$0	9	$590,699
120-179	4	$282,451	0	$0	5	$538,687	0	$0	9	$821,138
180-269	2	$190,150	0	$0	1	$39,965	0	$0	3	$230,115
270-359	0	$0	0	$0	0	$0	0	$0	0	$0
360+	0	$0	0	$0	0	$0	0	$0	0	$0
REO	0	$0	0	$0	0	$0	0	$0	0	$0
90+REO	12	$878,809	-	$0	9	$763,143	-	$0	21	$1,641,952
Loss To Date
% to Original	0.09%	$7,473	0.00%	$0	0.00%	$0	0.00%	$0	0.05%	$7,473
Severity	3.66%		0.00%		0.00%		0.00%		3.66%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
B	0.27%	$7,473	0.00%	$0	0.00%	$0	0.00%	$0	0.17%	$7,473
C	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
C-	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
D	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
Loss by Characteristic	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
Low Doc	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
2-4 Unit	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
NIV	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
Non-Owner	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
90+ & REO
A/A-, B , C	11.88%	21.48%	0.00%	0.00%	13.46%	11.95%	0.00%	0.00%	12.81%	17.42%
C- , D, NON	0.00%	9.16%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	7.67%
2-4, LOW , NIV	0.00%	12.00%	0.00%	0.00%	35.61%	0.00%	0.00%	0.00%	17.05%	8.45%
As of: Dec 2001

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 2001-1
ARM Loans
	Retail		Correspondent		Broker		NLC		Total
Category	#	$	#	$	#	$	#	$	#	$
Original	18	$2,379,197	1	$135,000	103	$10,141,112	0	$0	122	$12,655,309
LTV/WAC	73.58%	10.60%	77.20%	11.03%	90.85%	10.53%	0.00%	0.00%	87.46%	10.55%
NON/2-4	11.19%	10.34%	0.00%	0.00%	7.83%	9.31%	0.00%	0.00%	8.38%	9.41%
Low/NIV	0.00%	8.74%	0.00%	0.00%	0.77%	12.85%	0.00%	0.00%	0.62%	11.94%
A/A-	3	$249,250	0	$0	96	$9,575,511	0	$0	99	$9,824,761
B	8	$937,175	1	$135,000	6	$494,101	0	$0	15	$1,566,276
C	6	$1,078,772	0	$0	1	$71,500	0	$0	7	$1,150,272
C-	1	$114,000	0	$0	0	$0	0	$0	1	$114,000
D	0	$0	0	$0	0	$0	0	$0	0	$0
Remaining	17	$2,125,257	1	$134,449	97	$9,228,482	0	$0	115	$11,488,188
LTV/WAC	73.53%	10.64%	77.20%	11.03%	90.69%	10.48%	0.00%	0.00%	87.36%	10.52%
A/A-	3	$248,571	0	$0	90	$8,667,461	0	$0	93	$8,916,033
B	7	$686,946	1	$134,449	6	$489,785	0	$0	14	$1,311,180
C	6	$1,075,920	0	$0	1	$71,236	0	$0	7	$1,147,156
C-	1	$113,820	0	$0	0	$0	0	$0	1	$113,820
D	0	$0	0	$0	0	$0	0	$0	0	$0
Paid Off	10.38%	$247,000	0.00%	$0	8.16%	$827,800	0.00%	$0	8.49%	$1,074,800
Status
CURRENT	9	$1,050,784	1	$134,449	86	$8,007,726	0	$0	96	$9,192,959
30-59	2	$107,140	0	$0	1	$88,920	0	$0	3	$196,061
60-89	0	$0	0	$0	2	$180,842	0	$0	2	$180,842
90-119	1	$113,820	0	$0	2	$181,044	0	$0	3	$294,864
120-179	2	$250,574	0	$0	0	$0	0	$0	2	$250,574
180-269	2	$426,905	0	$0	3	$248,827	0	$0	5	$675,733
270-359	0	$0	0	$0	2	$435,750	0	$0	2	$435,750
360+	0	$0	0	$0	0	$0	0	$0	0	$0
REO	1	$176,033	0	$0	1	$85,372	0	$0	2	$261,405
90+REO	6	$967,333	-	$0	8	$950,993	-	$0	14	$1,918,326
Loss To Date
% to Original	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
Severity	0.00%		0.00%		0.00%		0.00%		0.00%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
B	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
C	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
C-	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
D	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
Loss by Characteristic	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
Low Doc	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
2-4 Unit	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
NIV	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
Non-Owner	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
90+ & REO
A/A-, B , C	46.69%	25.58%	0.00%	0.00%	9.89%	19.14%	0.00%	0.00%	10.92%	20.55%
C- , D, NON	100.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	100.00%	0.00%
2-4, LOW , NIV	0.00%	0.00%	0.00%	0.00%	21.27%	0.00%	0.00%	0.00%	16.38%	0.00%
As of: Dec 2001

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 2000-2
ARM Loans
	Retail		Correspondent		Broker		NLC		Total
Category	#	$	#	$	#	$	#	$	#	$
Original	782	$79,900,173	72	$9,319,842	2110	$233,344,812	18	$1,710,500	2982	$324,275,327
LTV/WAC	74.82%	10.78%	71.43%	9.77%	79.17%	10.54%	74.98%	11.39%	77.85%	10.58%
NON/2-4	4.30%	2.95%	4.56%	5.46%	3.86%	5.65%	5.03%	28.27%	4.00%	5.10%
Low/NIV	16.81%	5.73%	0.00%	10.25%	2.20%	24.68%	6.14%	8.13%	5.76%	19.51%
A/A-	196	$24,047,678	31	$4,478,121	1085	$136,799,052	5	$413,400	1317	$165,738,251
B	260	$26,429,507	25	$3,199,792	563	$60,003,702	6	$599,500	854	$90,232,501
C	214	$19,118,059	13	$1,431,229	340	$28,321,240	4	$511,050	571	$49,381,578
C-	50	$4,744,425	1	$56,000	79	$5,409,962	3	$186,550	133	$10,396,937
D	62	$5,560,504	2	$154,700	43	$2,810,856	0	$0	107	$8,526,060
Remaining	617	$58,390,911	53	$6,278,997	1767	$184,622,116	14	$1,448,223	2451	$250,740,247
LTV/WAC	75.21%	10.76%	71.00%	9.77%	79.79%	10.54%	77.97%	11.20%	78.49%	10.58%
A/A-	157	$17,597,159	21	$2,884,916	918	$109,890,177	5	$370,881	1101	$130,743,133
B	216	$20,190,575	21	$2,424,199	468	$46,938,384	4	$494,500	709	$70,047,658
C	162	$13,422,088	8	$759,480	280	$21,634,995	3	$479,060	453	$36,295,624
C-	41	$3,486,722	1	$55,855	66	$4,266,208	2	$103,782	110	$7,912,566
D	41	$3,694,367	2	$154,546	35	$1,892,353	0	$0	78	$5,741,266
Paid Off	23.75%	$18,977,347	26.72%	$2,489,939	17.76%	$41,452,429	12.60%	$215,500	19.47%	$63,135,215
Status
CURRENT	418	$39,089,554	42	$5,163,643	1385	$148,960,685	13	$1,396,349	1858	$194,610,232
30-59	48	$5,411,519	1	$79,397	88	$8,471,185	0	$0	137	$13,962,101
60-89	26	$2,019,403	3	$301,881	45	$4,082,033	0	$0	74	$6,403,317
90-119	16	$1,613,689	1	$207,308	44	$4,445,863	0	$0	61	$6,266,859
120-179	30	$2,744,996	1	$174,731	44	$4,811,315	0	$0	75	$7,731,041
180-269	33	$3,392,534	1	$55,135	53	$4,334,734	1	$51,874	88	$7,834,276
270-359	23	$2,185,551	1	$99,411	62	$5,322,278	0	$0	86	$7,607,240
360+	12	$1,066,905	0	$0	15	$1,212,866	0	$0	27	$2,279,771
REO	11	$866,761	3	$197,490	31	$2,981,157	0	$0	45	$4,045,408
90+REO	125	$11,870,435	7	$734,075	249	$23,108,213	1	$51,874	382	$35,764,597
Loss To Date
% to Original	0.06%	$49,391	0.00%	$0	0.02%	$37,580	0.00%	$0	0.03%	$86,970
Severity	7.52%		0.00%		35.80%		0.00%		11.42%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	0.03%	$6,677	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$6,677
B	0.14%	$36,046	0.00%	$0	0.06%	$37,580	0.00%	$0	0.08%	$73,626
C	0.03%	$6,668	0.00%	$0	0.00%	$0	0.00%	$0	0.01%	$6,668
C-	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
D	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
Loss by Characteristic	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
Low Doc	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
2-4 Unit	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
NIV	0.00%	$0	0.00%	$0	0.07%	$37,580	0.00%	$0	0.06%	$37,580
Non-Owner	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
90+ & REO
A/A-, B , C	16.21%	15.46%	5.42%	10.25%	8.84%	12.72%	0.00%	10.49%	9.73%	13.41%
C- , D, NON	26.27%	50.24%	0.00%	100.00%	45.59%	20.10%	0.00%	0.00%	36.15%	41.64%
2-4, LOW , NIV	18.00%	23.33%	0.00%	0.00%	15.28%	20.07%	0.00%	0.00%	14.56%	22.23%
As of: Dec 2001

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 2000-1
ARM Loans
	Retail		Correspondent		Broker		NLC		Total
Category	#	$	#	$	#	$	#	$	#	$
Original	534	$47,297,989	58	$7,593,887	1846	$192,904,929	34	$3,502,207	2472	$251,299,012
LTV/WAC	73.16%	10.83%	73.43%	10.20%	77.48%	10.76%	75.89%	10.12%	76.52%	10.74%
NON/2-4	6.38%	4.01%	2.35%	4.32%	3.70%	6.14%	3.30%	1.54%	4.16%	5.62%
Low/NIV	14.43%	5.36%	0.00%	13.82%	3.03%	27.19%	0.00%	3.18%	5.04%	22.34%
A/A-	123	$11,548,145	31	$4,404,773	828	$102,523,904	12	$1,717,350	994	$120,194,172
B	173	$16,182,010	13	$1,913,734	514	$51,961,039	10	$829,500	710	$70,886,283
C	141	$12,947,529	10	$1,019,630	332	$27,105,589	7	$546,507	490	$41,619,255
C-	41	$2,750,600	2	$191,300	100	$6,267,237	4	$337,600	147	$9,546,737
D	56	$3,869,705	2	$64,450	72	$5,047,160	1	$71,250	131	$9,052,565
Remaining	384	$31,600,563	41	$4,500,002	1380	$130,046,363	28	$2,832,643	1833	$168,979,570
LTV/WAC	73.87%	10.70%	72.20%	10.33%	78.15%	10.75%	77.66%	9.85%	77.18%	10.72%
A/A-	95	$8,272,088	22	$2,647,731	619	$69,771,098	10	$1,470,303	746	$82,161,220
B	125	$11,538,161	10	$1,021,357	410	$36,129,079	10	$774,566	555	$49,463,163
C	94	$7,901,128	5	$576,823	230	$16,867,977	7	$540,885	336	$25,886,812
C-	29	$1,420,940	2	$189,709	74	$4,316,426	1	$46,889	106	$5,973,964
D	41	$2,468,246	2	$64,381	47	$2,961,784	0	$0	90	$5,494,411
Paid Off	30.64%	$14,490,085	29.08%	$2,208,467	29.70%	$57,290,428	16.92%	$592,550	29.68%	$74,581,530
Status
CURRENT	273	$21,881,375	32	$3,534,169	1031	$101,551,255	23	$2,073,780	1359	$129,040,579
30-59	23	$1,680,189	3	$574,784	66	$5,466,089	1	$484,044	93	$8,205,107
60-89	12	$900,576	2	$175,128	32	$2,945,678	0	$0	46	$4,021,383
90-119	4	$245,278	0	$0	22	$1,971,997	1	$74,552	27	$2,291,827
120-179	12	$1,063,931	1	$34,386	49	$4,364,991	0	$0	62	$5,463,308
180-269	16	$2,185,022	1	$117,271	53	$3,897,436	2	$153,377	72	$6,353,106
270-359	11	$721,850	1	$34,269	36	$3,038,170	0	$0	48	$3,794,289
360+	19	$1,941,843	0	$0	39	$3,018,859	1	$46,889	59	$5,007,591
REO	14	$980,500	1	$29,995	52	$3,791,887	0	$0	67	$4,802,383
90+REO	76	$7,138,422	4	$215,921	251	$20,083,340	4	$274,818	335	$27,712,502
Loss To Date
% to Original	0.31%	$147,088	0.35%	$26,388	0.20%	$392,385	0.00%	$0	0.23%	$565,861
Severity	25.70%		40.73%		29.79%		0.00%		28.95%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	0.43%	$49,082	0.00%	$0	0.10%	$104,445	0.00%	$0	0.13%	$153,527
B	0.00%	$127	0.00%	$0	0.15%	$80,278	0.00%	$0	0.11%	$80,405
C	0.42%	$54,600	2.59%	$26,388	0.51%	$137,790	0.00%	$0	0.53%	$218,778
C-	1.53%	$42,068	0.00%	$0	1.11%	$69,872	0.00%	$0	1.17%	$111,940
D	0.03%	$1,212	0.00%	$0	0.00%	$0	0.00%	$0	0.01%	$1,212
Loss by Characteristic	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
Low Doc	0.48%	$32,500	0.00%	$0	0.00%	$0	0.00%	$0	0.26%	$32,500
2-4 Unit	0.00%	$0	0.00%	$0	0.04%	$4,419	0.00%	$0	0.03%	$4,419
NIV	-0.03%	($653)	0.00%	$0	0.40%	$208,729	0.00%	$0	0.37%	$208,076
Non-Owner	1.83%	$55,253	0.00%	$0	0.00%	$0	0.00%	$0	0.53%	$55,253
90+ & REO
A/A-, B , C	12.96%	18.75%	4.43%	0.00%	9.65%	15.91%	0.00%	12.84%	9.64%	16.20%
C- , D, NON	19.30%	45.50%	0.00%	100.00%	33.07%	40.08%	100.00%	0.00%	29.27%	43.21%
2-4, LOW , NIV	23.93%	36.18%	0.00%	0.00%	21.61%	24.13%	0.00%	0.00%	21.08%	30.04%
As of: Dec 2001

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1999-2
ARM Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original	52	$5,034,900	108	$12,255,827	1751	$151,946,509	1911	$169,237,236
LTV/WAC	74.27%	10.35%	79.75%	10.06%	79.07%	10.44%	78.98%	10.41%
NON/2-4	4.82%	13.14%	3.40%	7.38%	3.02%	5.99%	3.10%	6.30%
Low/NIV	6.73%	22.91%	2.75%	14.24%	4.39%	27.45%	4.34%	26.36%
A/A-	24	$2,916,000	55	$6,823,461	838	$87,023,808	917	$96,763,269
B	10	$945,350	32	$3,541,493	502	$39,417,068	544	$43,903,911
C	3	$217,850	14	$1,216,010	161	$11,408,456	178	$12,842,316
C-	6	$346,300	3	$223,473	42	$3,071,270	51	$3,641,043
D	9	$609,400	4	$451,390	207	$10,905,907	220	$11,966,697
Unknown	0	$0	0	$0	0	$0	0	$0
Remaining	27	$2,011,492	51	$5,747,072	973	$81,379,545	1051	$89,138,110
LTV/WAC	76.46%	10.11%	81.23%	10.00%	80.28%	10.43%	80.25%	10.40%
A/A-	13	$1,198,809	32	$3,945,383	504	$49,441,952	549	$54,586,143
B	5	$300,952	13	$1,184,903	292	$21,304,462	310	$22,790,317
C	2	$111,718	5	$537,016	68	$4,605,507	75	$5,254,240
C-	5	$308,993	1	$79,770	23	$1,442,097	29	$1,830,860
D	2	$91,021	0	$0	86	$4,585,528	88	$4,676,550
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	59.56%	$2,998,800	52.25%	$6,404,204	45.75%	$69,510,821	46.63%	$78,913,825
Status
CURRENT	21	$1,502,187	48	$5,435,515	775	$65,700,564	844	$72,638,266
30-59	0	$0	0	$0	29	$2,394,643	29	$2,394,643
60-89	0	$0	1	$79,770	18	$1,682,278	19	$1,762,048
90-119	0	$0	0	$0	10	$495,000	10	$495,000
120-179	1	$154,633	1	$63,763	27	$1,586,996	29	$1,805,392
180-269	1	$66,092	0	$0	20	$1,425,568	21	$1,491,660
270-359	0	$0	1	$168,023	14	$1,250,294	15	$1,418,317
360+	4	$288,579	0	$0	47	$4,755,646	51	$5,044,225
REO	0	$0	0	$0	33	$2,088,558	33	$2,088,558
90+REO	6	$509,304	2	$231,786	151	$11,602,062	159	$12,343,152
Loss To Date
% to Original	0.00%	$0	1.35%	$165,017	3.12%	$4,739,883	2.90%	$4,904,900
Severity	0.00%		34.77%		43.42%		43.06%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.00%	$0	0.61%	$41,858	1.48%	$1,286,996	1.37%	$1,328,854
B	0.00%	$0	1.02%	$36,285	4.32%	$1,704,525	3.97%	$1,740,810
C	0.00%	$0	2.07%	$25,154	6.16%	$702,819	5.67%	$727,973
C-	0.00%	$0	0.00%	$0	4.78%	$146,788	4.03%	$146,788
D	0.00%	$0	13.67%	$61,720	8.24%	$898,755	8.03%	$960,475
Unknown	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
Loss by Characteristic	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
Low Doc	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
2-4 Unit	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
NIV	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
Non-Owner	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
90+ & REO as % Rem
A/A- , B, C	22.50%	0.00%	4.30%	0.00%	10.10%	13.40%	10.00%	12.50%
C- , D, NON	36.10%	78.30%	0.00%	0.00%	51.20%	38.10%	46.40%	38.80%
2-4, LOW, NIV	36.50%	100.00%	0.00%	0.00%	16.30%	31.50%	15.50%	34.30%
As of: Dec 2001

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1999-1
ARM Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	104	$10,782,850	61	$5,969,315	2046	$185,142,838	2211	$201,895,003
LTV/WAC	77.65%	9.94%	75.93%	10.81%	76.40%	10.41%	76.45%	10.39%
NON/2-4	4.02%	9.78%	0.46%	9.98%	4.95%	5.37%	0.75%	1.08%
Low/NIV	6.09%	19.35%	1.70%	28.44%	4.67%	31.31%	0.52%	0.70%
A/A-	54	$6,662,000	23	$2,644,940	867	$95,227,223	944	$104,534,163
B	27	$2,407,650	10	$1,278,050	561	$48,493,613	598	$52,179,313
C	8	$599,600	5	$329,400	219	$14,666,437	232	$15,595,437
C-	1	$79,800	1	$60,200	77	$4,591,855	79	$4,731,855
D	14	$1,033,800	22	$1,656,725	322	$22,163,710	358	$24,854,235
Unknown	0	$0	0	$0	0	$0	0	$0
Remaining Pool	43	$4,339,090	23	$2,140,369	909	$72,590,357	975	$79,069,815
LTV/WAC	78.56%	9.05%	77.15%	11.91%	76.90%	10.68%	77.00%	10.63%
A/A-	23	$2,719,498	9	$859,536	410	$37,449,812	442	$41,028,847
B	13	$1,215,933	4	$557,303	258	$19,779,671	275	$21,552,907
C	3	$187,914	2	$80,815	83	$5,188,908	88	$5,457,636
C-	0	$0	0	$0	26	$1,342,932	26	$1,342,932
D	4	$215,744	8	$642,716	132	$8,829,033	144	$9,687,493
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	58.48%	$6,305,650	63.27%	$3,776,600	60.10%	$111,270,784	60.11%	$121,353,034
Delinquency Status
CURRENT	31	$3,331,312	20	$1,657,159	705	$58,037,213	756	$63,025,684
30-59	2	$139,159	1	$125,357	28	$1,765,216	31	$2,029,732
60-89	0	$0	1	$26,788	17	$1,359,066	18	$1,385,854
90-119	0	$0	0	$0	16	$1,018,193	16	$1,018,193
120-179	1	$74,015	0	$0	26	$1,571,794	27	$1,645,809
180-269	1	$71,817	0	$0	37	$2,709,812	38	$2,781,629
270-359	1	$107,705	0	$0	12	$714,225	13	$821,930
360+	5	$312,764	1	$331,065	38	$3,143,794	44	$3,787,623
REO	2	$302,317	0	$0	30	$2,271,045	32	$2,573,362
90+REO	10	$868,618	1	$331,065	159	$11,428,863	170	$12,628,546
Loss To Date
% to Original Pool Balance	0.27%	$28,692	1.18%	$70,641	3.21%	$5,943,118	2.99%	$6,042,451
Severity	19.69%		37.98%		43.58%		43.25%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.00%	$0	0.00%	$0	1.81%	$1,723,368	1.65%	$1,723,368
B	0.09%	$2,063	0.00%	$0	3.55%	$1,723,491	3.31%	$1,725,554
C	4.23%	$25,375	0.00%	$0	5.26%	$770,857	5.11%	$796,232
C-	0.00%	$0	16.67%	$10,038	4.26%	$195,797	4.35%	$205,835
D	0.12%	$1,253	3.66%	$60,603	6.90%	$1,529,606	6.40%	$1,591,462
Unknown	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
Loss by Characteristic	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
Low Doc	0.00%	$0	0.00%	$0	4.52%	$301,316	4.10%	$301,316
2-4 Unit	0.00%	$0	0.00%	$0	7.43%	$675,770	6.34%	$675,770
NIV	0.00%	$0	2.08%	$36,285	4.06%	$1,692,952	3.88%	$1,729,237
Non-Owner	0.00%	$0	0.00%	$0	9.95%	$456,940	8.70%	$456,940
90+ & REO as % Rem
A/A- , B, C	8.20%	32.10%	0.00%	59.40%	8.10%	20.00%	7.90%	21.70%
C- , D, NON	0.00%	82.70%	0.00%	0.00%	16.70%	39.10%	16.70%	37.50%
2-4, LOW, NIV	0.00%	55.10%	0.00%	0.00%	20.80%	22.90%	18.10%	25.00%
As of: Dec 2001

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1998-C
ARM Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	173	$21,129,800	637	$76,598,960	1774	$161,871,473	2584	$259,600,233
LTV/WAC	79.91%	10.34%	80.07%	10.17%	78.52%	9.88%	79.09%	10.00%
NON/2-4	2.79%	4.35%	0.55%	5.57%	5.02%	4.66%	0.58%	0.84%
Low/NIV	7.85%	15.99%	2.24%	29.86%	2.09%	31.65%	0.40%	0.55%
A/A-	106	$14,771,000	371	$49,011,185	962	$100,957,142	1439	$164,739,327
B	47	$4,912,600	144	$16,505,215	534	$43,845,675	725	$65,263,490
C	11	$915,300	48	$4,000,515	122	$8,148,811	181	$13,064,626
C-	2	$114,200	6	$411,345	38	$2,486,170	46	$3,011,715
D	7	$416,700	68	$6,670,700	118	$6,433,675	193	$13,521,075
Unknown	0	$0	0	$0	0	$0	0	$0
Remaining Pool	47	$4,951,345	128	$13,731,070	481	$37,277,589	656	$55,960,004
LTV/WAC	80.47%	9.95%	81.57%	11.58%	79.40%	10.64%	80.03%	10.81%
A/A-	25	$3,366,961	83	$9,638,432	257	$23,000,312	365	$36,005,705
B	15	$1,079,403	30	$2,934,013	151	$9,981,393	196	$13,994,809
C	3	$225,684	1	$69,363	25	$1,668,780	29	$1,963,827
C-	1	$36,471	1	$51,902	12	$803,535	14	$891,907
D	3	$242,826	13	$1,037,361	36	$1,823,569	52	$3,103,756
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	75.89%	$16,034,500	81.66%	$62,551,085	76.47%	$123,787,123	77.96%	$202,372,708
Delinquency Status
CURRENT	32	$3,106,191	97	$9,620,838	369	$27,728,427	498	$40,455,456
30-59	4	$601,283	6	$936,315	16	$1,354,122	26	$2,891,720
60-89	0	$0	2	$113,530	9	$974,410	11	$1,087,940
90-119	0	$0	0	$0	8	$638,192	8	$638,192
120-179	2	$396,384	2	$175,901	12	$1,088,563	16	$1,660,848
180-269	1	$62,338	9	$1,052,653	16	$1,375,722	26	$2,490,713
270-359	1	$55,604	0	$0	9	$961,613	10	$1,017,217
360+	5	$606,965	5	$727,677	23	$1,723,814	33	$3,058,456
REO	2	$122,580	7	$1,104,157	19	$1,432,726	28	$2,659,463
90+REO	11	$1,243,871	23	$3,060,388	87	$7,220,630	121	$11,524,889
Loss To Date
% to Original Pool Balance	3.15%	$666,069	3.24%	$2,481,956	3.14%	$5,089,871	3.17%	$8,237,896
Severity	36.93%		37.11%		36.02%		36.41%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	2.32%	$343,187	1.99%	$972,980	2.45%	$2,475,080	2.30%	$3,791,247
B	5.60%	$275,182	4.65%	$767,660	3.44%	$1,506,510	3.91%	$2,549,352
C	5.21%	$47,700	7.25%	$289,931	5.65%	$460,007	6.11%	$797,638
C-	0.00%	$0	0.00%	$0	4.25%	$105,699	3.51%	$105,699
D	0.00%	$0	6.77%	$451,385	8.43%	$542,575	7.35%	$993,960
Unknown	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
Loss by Characteristic	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
Low Doc	0.00%	$0	0.00%	$0	5.33%	$461,539	4.90%	$461,539
2-4 Unit	2.41%	$25,375	0.00%	$0	6.25%	$622,259	5.58%	$647,634
NIV	1.31%	$27,439	1.16%	$19,632	2.94%	$1,702,077	2.83%	$1,749,148
Non-Owner	6.53%	$25,375	0.00%	$0	6.14%	$562,904	6.14%	$588,279
90+ & REO as % Rem
A/A- , B, C	21.90%	22.50%	20.40%	28.20%	16.40%	20.30%	18.00%	22.10%
C- , D, NON	0.00%	90.30%	0.00%	18.80%	41.60%	31.50%	37.50%	31.90%
2-4, LOW, NIV	0.00%	19.30%	0.00%	0.00%	5.20%	50.80%	3.30%	32.10%
As of: Dec 2001

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1998-B
ARM Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	223	$20,701,000	1063	$128,196,047	2550	$225,570,556	3836	$374,467,603
LTV/WAC	75.56%	11.11%	80.13%	11.05%	77.40%	10.62%	78.23%	10.80%
NON/2-4	4.85%	3.28%	0.91%	6.56%	6.53%	6.43%	0.40%	0.58%
Low/NIV	18.26%	16.11%	1.97%	27.77%	1.91%	38.70%	0.28%	0.38%
A/A-	103	$11,096,100	630	$83,840,520	1268	$130,730,863	2001	$225,667,483
B	70	$6,137,400	221	$25,127,140	783	$63,641,009	1074	$94,905,549
C	24	$2,027,000	74	$7,155,032	236	$14,035,800	334	$23,217,832
C-	10	$643,400	10	$993,375	67	$4,359,114	87	$5,995,889
D	16	$797,100	128	$11,079,980	196	$12,803,770	340	$24,680,850
Unknown	0	$0	0	$0	0	$0	0	$0
Remaining Pool	42	$3,607,768	184	$18,609,851	596	$43,899,040	822	$66,116,659
LTV/WAC	77.18%	11.61%	79.78%	11.96%	78.49%	10.59%	78.78%	11.03%
A/A-	19	$1,770,334	95	$10,741,937	284	$24,384,765	398	$36,897,036
B	17	$1,443,480	46	$4,518,728	197	$13,549,871	260	$19,512,080
C	3	$209,810	15	$1,186,513	62	$3,245,424	80	$4,641,747
C-	2	$155,608	3	$183,032	14	$729,632	19	$1,068,272
D	1	$28,536	25	$1,979,640	39	$1,989,348	65	$3,997,524
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	82.10%	$16,996,200	85.16%	$109,171,808	80.05%	$180,572,968	81.91%	$306,740,976
Delinquency Status
CURRENT	34	$2,893,885	126	$12,399,702	454	$33,263,470	614	$48,557,057
30-59	1	$78,690	5	$565,087	16	$972,089	22	$1,615,866
60-89	1	$100,799	4	$435,530	8	$592,450	13	$1,128,779
90-119	0	$0	4	$440,624	6	$671,267	10	$1,111,891
120-179	1	$116,357	3	$286,258	11	$641,410	15	$1,044,025
180-269	2	$195,058	7	$654,954	16	$1,026,917	25	$1,876,929
270-359	0	$0	10	$1,165,423	15	$1,423,010	25	$2,588,433
360+	2	$150,709	16	$1,714,742	41	$2,836,626	59	$4,702,077
REO	1	$72,269	9	$947,531	29	$2,471,801	39	$3,491,601
90+REO	6	$534,393	49	$5,209,532	118	$9,071,031	173	$14,814,956
Loss To Date
% to Original Pool Balance	2.86%	$591,128	6.35%	$8,144,408	4.90%	$11,046,574	5.28%	$19,782,110
Severity	42.74%		46.03%		44.26%		44.92%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	1.53%	$170,121	5.18%	$4,340,425	3.29%	$4,294,576	3.90%	$8,805,122
B	2.74%	$168,428	6.53%	$1,640,678	5.89%	$3,746,412	5.85%	$5,555,518
C	6.94%	$140,645	8.44%	$604,097	11.13%	$1,562,061	9.94%	$2,306,803
C-	1.19%	$7,642	6.21%	$61,692	5.07%	$221,120	4.84%	$290,454
D	13.08%	$104,292	13.52%	$1,497,515	9.55%	$1,222,405	11.44%	$2,824,212
Unknown	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
Loss by Characteristic	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
Low Doc	13.30%	$220,419	2.05%	$35,171	1.95%	$66,093	4.76%	$321,683
2-4 Unit	12.39%	$113,963	4.80%	$204,881	4.63%	$349,940	5.25%	$668,784
NIV	5.20%	$175,553	3.40%	$778,155	2.91%	$1,492,639	3.16%	$2,446,347
Non-Owner	6.23%	$36,719	12.58%	$53,047	4.67%	$379,198	5.14%	$468,964
90+ & REO as % Rem
A/A- , B, C	16.80%	8.10%	23.00%	33.40%	16.00%	23.00%	18.00%	24.30%
C- , D, NON	0.00%	100.00%	0.00%	45.70%	34.20%	46.00%	23.40%	46.30%
2-4, LOW, NIV	0.00%	9.20%	12.60%	62.70%	16.60%	46.50%	13.90%	42.10%
As of: Dec 2001

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1998-A
ARM Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	96	$10,815,700	512	$53,120,014	994	$86,545,044	1602	$150,480,758
LTV/WAC	78.08%	10.93%	78.18%	11.44%	76.41%	10.78%	77.15%	11.02%
NON/2-4	2.74%	0.65%	2.25%	4.89%	9.42%	6.91%	1.01%	1.45%
Low/NIV	11.89%	14.84%	2.62%	33.03%	2.51%	40.32%	0.69%	0.94%
A/A-	55	$6,884,100	254	$29,321,852	504	$50,697,018	813	$86,902,970
B	29	$3,055,800	129	$13,854,006	288	$22,626,237	446	$39,536,043
C	1	$50,000	44	$3,579,588	89	$6,074,423	134	$9,704,011
C-	6	$560,300	9	$629,500	31	$1,991,120	46	$3,180,920
D	5	$265,500	76	$5,735,068	82	$5,156,246	163	$11,156,814
Unknown	0	$0	0	$0	0	$0	0	$0
Remaining Pool	17	$1,502,588	82	$7,702,266	263	$20,724,859	362	$29,929,713
LTV/WAC	77.90%	11.69%	76.83%	12.40%	77.46%	10.27%	77.32%	10.89%
A/A-	11	$1,011,982	29	$3,318,511	126	$12,329,836	166	$16,660,329
B	5	$460,883	27	$2,285,077	86	$5,722,850	118	$8,468,811
C	0	$0	7	$811,043	28	$1,526,043	35	$2,337,086
C-	0	$0	1	$90,520	6	$293,241	7	$383,761
D	1	$29,723	18	$1,197,115	17	$852,888	36	$2,079,727
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	85.83%	$9,282,800	85.17%	$45,240,864	75.29%	$65,155,911	79.53%	$119,679,575
Delinquency Status
CURRENT	10	$812,804	53	$4,691,826	204	$16,238,673	267	$21,743,303
30-59	0	$0	2	$114,055	2	$131,646	4	$245,701
60-89	2	$199,838	3	$487,925	5	$429,421	10	$1,117,184
90-119	1	$102,336	3	$146,617	3	$337,749	7	$586,702
120-179	0	$0	1	$298,575	7	$524,346	8	$822,921
180-269	0	$0	2	$342,914	11	$969,745	13	$1,312,659
270-359	1	$55,005	1	$46,972	5	$303,371	7	$405,348
360+	3	$332,604	14	$1,398,496	11	$608,520	28	$2,339,620
REO	0	$0	3	$174,885	15	$1,181,388	18	$1,356,273
90+REO	5	$489,945	24	$2,408,459	52	$3,925,119	81	$6,823,523
Loss To Date
% to Original Pool Balance	1.17%	$126,548	10.91%	$5,796,037	4.11%	$3,556,430	6.30%	$9,479,015
Severity	31.37%		62.02%		42.78%		52.48%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	1.72%	$118,545	11.01%	$3,228,880	2.79%	$1,415,088	5.48%	$4,762,513
B	0.26%	$8,004	7.06%	$978,304	5.06%	$1,144,454	5.39%	$2,130,762
C	0.00%	$0	11.73%	$419,760	6.40%	$388,914	8.33%	$808,674
C-	0.00%	$0	18.91%	$119,049	5.34%	$106,246	7.08%	$225,295
D	0.00%	$0	18.31%	$1,050,043	9.73%	$501,728	13.91%	$1,551,771
Unknown	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
Loss by Characteristic	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
Low Doc	1.65%	$62,541	11.43%	$288,735	9.67%	$417,081	7.24%	$768,357
2-4 Unit	0.00%	$0	9.22%	$775,340	10.59%	$1,535,636	9.80%	$2,310,976
NIV	5.16%	$171,986	8.53%	$3,035,687	3.82%	$3,333,702	5.18%	$6,541,375
Non-Owner	6.92%	$69,490	40.81%	$475,348	12.00%	$1,768,245	13.68%	$2,313,083
90+ & REO as % Rem
A/A- , B, C	28.00%	38.40%	32.90%	17.90%	14.90%	18.70%	19.30%	19.50%
C- , D, NON	0.00%	100.00%	100.00%	41.60%	0.00%	52.10%	23.60%	46.80%
2-4, LOW, NIV	0.00%	56.30%	38.30%	0.00%	11.40%	12.40%	14.70%	24.90%
As of: Dec 2001

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1997-D
ARM Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	172	$19,620,200	1045	$119,360,650	2733	$243,684,583	3950	$382,665,433
LTV/WAC	75.51%	10.58%	78.94%	11.49%	75.84%	10.29%	76.79%	10.68%
NON/2-4	3.55%	3.70%	1.15%	5.60%	8.39%	6.10%	0.40%	0.57%
Low/NIV	24.94%	19.59%	3.47%	32.15%	1.88%	46.01%	0.27%	0.37%
A/A-	92	$12,859,400	570	$73,999,693	1516	$153,504,039	2178	$240,363,132
B	46	$4,024,600	236	$24,223,977	713	$57,400,764	995	$85,649,341
C	11	$957,700	85	$7,826,650	251	$16,514,283	347	$25,298,633
C-	13	$1,089,700	19	$1,730,550	64	$4,181,732	96	$7,001,982
D	10	$688,800	135	$11,579,780	189	$12,083,765	334	$24,352,345
Unknown	0	$0	0	$0	0	$0	0	$0
Remaining Pool	32	$2,359,053	141	$12,140,222	747	$59,955,021	920	$74,454,296
LTV/WAC	74.73%	11.21%	78.99%	11.87%	76.16%	9.87%	76.57%	10.24%
A/A-	16	$1,085,507	65	$5,955,357	447	$40,677,399	528	$47,718,262
B	11	$808,193	39	$3,682,107	190	$13,047,981	240	$17,538,281
C	2	$143,139	17	$1,431,911	58	$3,243,107	77	$4,818,157
C-	3	$322,214	1	$44,143	13	$693,117	17	$1,059,474
D	0	$0	19	$1,026,704	39	$2,293,417	58	$3,320,122
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	87.37%	$17,142,000	89.73%	$107,104,546	74.42%	$181,350,846	79.86%	$305,597,392
Delinquency Status
CURRENT	24	$1,535,470	113	$9,797,371	628	$50,428,116	765	$61,760,957
30-59	1	$105,753	4	$194,626	17	$1,438,381	22	$1,738,760
60-89	0	$0	2	$189,095	5	$347,966	7	$537,061
90-119	0	$0	2	$93,794	11	$353,444	13	$447,238
120-179	0	$0	2	$151,709	15	$975,475	17	$1,127,184
180-269	1	$75,200	2	$376,296	17	$1,710,840	20	$2,162,336
270-359	2	$192,022	0	$0	8	$641,028	10	$833,050
360+	3	$417,533	9	$753,113	28	$2,162,768	40	$3,333,414
REO	1	$33,075	7	$584,219	18	$1,897,005	26	$2,514,299
90+REO	7	$717,830	22	$1,959,131	97	$7,740,560	126	$10,417,521
Loss To Date
% to Original Pool Balance	4.61%	$905,077	5.66%	$6,757,288	4.04%	$9,839,180	4.57%	$17,501,545
Severity	52.54%		47.14%		42.94%		44.91%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	3.17%	$407,951	4.24%	$3,137,649	2.66%	$4,079,175	3.17%	$7,624,775
B	6.20%	$249,345	8.36%	$2,024,866	5.13%	$2,941,890	6.09%	$5,216,101
C	8.39%	$80,307	3.84%	$300,830	6.72%	$1,110,518	5.90%	$1,491,655
C-	11.31%	$123,196	5.19%	$89,796	6.76%	$282,881	7.08%	$495,873
D	6.43%	$44,278	10.40%	$1,204,148	11.79%	$1,424,716	10.98%	$2,673,142
Unknown	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
Loss by Characteristic	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
Low Doc	0.00%	$0	18.62%	$259,452	12.30%	$267,382	10.86%	$526,834
2-4 Unit	0.00%	$0	18.06%	$468,933	4.55%	$272,152	8.57%	$741,085
NIV	2.77%	$44,467	14.78%	$2,593,522	2.86%	$997,313	6.73%	$3,635,302
Non-Owner	0.00%	$0	61.57%	$735,956	7.09%	$578,006	13.62%	$1,313,962
90+ & REO as % Rem
A/A- , B, C	0.00%	66.70%	6.50%	9.30%	8.20%	17.90%	7.80%	18.30%
C- , D, NON	55.60%	0.00%	0.00%	53.70%	44.30%	37.10%	45.90%	42.30%
2-4, LOW, NIV	0.00%	39.10%	6.20%	10.50%	11.90%	25.80%	11.30%	27.20%
As of: Dec 2001

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1997-C
ARM Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	131	$12,409,400	1065	$110,297,284	2315	$203,146,282	3511	$325,852,966
LTV/WAC	74.34%	10.86%	75.03%	11.58%	75.58%	10.45%	75.35%	10.84%
NON/2-4	4.42%	1.82%	1.65%	8.45%	10.29%	6.16%	0.47%	0.67%
Low/NIV	12.80%	32.46%	4.41%	36.18%	2.59%	46.19%	0.32%	0.43%
A/A-	64	$6,592,700	451	$53,686,083	1262	$127,919,803	1777	$188,198,586
B	42	$4,149,000	278	$29,969,275	567	$44,339,853	887	$78,458,128
C	12	$855,600	122	$9,473,416	232	$14,427,329	366	$24,756,345
C-	5	$441,900	37	$2,758,625	80	$5,594,596	122	$8,795,121
D	8	$370,200	177	$14,409,885	174	$10,864,701	359	$25,644,786
Unknown	0	$0	0	$0	0	$0	0	$0
Remaining Pool	14	$1,250,498	150	$12,329,730	547	$46,047,919	711	$59,628,148
LTV/WAC	77.05%	11.42%	74.19%	12.23%	75.78%	10.19%	75.48%	10.64%
A/A-	5	$415,989	56	$4,979,438	330	$30,768,460	391	$36,163,887
B	7	$701,916	44	$4,206,649	132	$9,970,201	183	$14,878,766
C	2	$132,594	17	$1,058,063	44	$2,339,489	63	$3,530,147
C-	0	$0	2	$151,469	16	$1,185,950	18	$1,337,418
D	0	$0	31	$1,934,110	25	$1,783,819	56	$3,717,930
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	89.64%	$11,123,500	88.53%	$97,651,577	76.48%	$155,365,511	81.06%	$264,140,588
Delinquency Status
CURRENT	11	$910,440	106	$8,771,247	461	$39,254,726	578	$48,936,413
30-59	0	$0	1	$80,325	10	$612,607	11	$692,932
60-89	1	$145,477	2	$85,161	6	$785,364	9	$1,016,002
90-119	0	$0	3	$246,637	9	$870,086	12	$1,116,723
120-179	1	$123,548	4	$394,182	12	$1,022,476	17	$1,540,206
180-269	0	$0	6	$608,396	11	$647,981	17	$1,256,377
270-359	0	$0	5	$558,442	3	$223,358	8	$781,800
360+	0	$0	14	$1,024,796	24	$2,023,167	38	$3,047,963
REO	1	$71,033	9	$560,543	11	$608,154	21	$1,239,730
90+REO	2	$194,581	41	$3,392,996	70	$5,395,222	113	$8,982,799
Loss To Date
% to Original Pool Balance	0.74%	$91,427	7.01%	$7,727,483	4.57%	$9,292,788	5.25%	$17,111,698
Severity	24.98%		51.97%		47.88%		49.39%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	-0.09%	($5,745)	5.14%	$2,757,937	3.19%	$4,079,753	3.63%	$6,831,945
B	1.76%	$72,887	6.48%	$1,941,769	5.51%	$2,443,858	5.68%	$4,458,514
C	0.00%	$0	11.53%	$1,092,548	8.16%	$1,177,102	9.17%	$2,269,650
C-	0.00%	$0	6.22%	$171,676	3.96%	$221,614	4.47%	$393,290
D	6.56%	$24,285	12.24%	$1,763,553	12.61%	$1,370,461	12.32%	$3,158,299
Unknown	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
Loss by Characteristic	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
Low Doc	7.89%	$386,051	13.77%	$570,024	3.53%	$161,833	8.21%	$1,117,908
2-4 Unit	16.74%	$121,569	16.13%	$1,079,034	3.51%	$522,047	7.73%	$1,722,650
NIV	2.08%	$80,127	7.16%	$2,747,235	4.19%	$4,703,667	4.88%	$7,531,029
Non-Owner	17.72%	$123,356	52.49%	$723,095	10.59%	$2,164,869	13.37%	$3,011,320
90+ & REO as % Rem
A/A- , B, C	29.70%	0.00%	12.70%	37.40%	5.80%	18.10%	7.00%	22.70%
C- , D, NON	0.00%	0.00%	25.10%	44.10%	47.20%	33.60%	44.70%	39.00%
2-4, LOW, NIV	44.70%	0.00%	28.30%	47.40%	5.30%	7.90%	14.40%	23.80%
As of: Dec 2001

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1997-B
ARM Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	103	$9,523,800	1889	$207,318,764	1089	$93,167,943	3081	$310,010,507
LTV/WAC	73.48%	10.58%	73.93%	11.27%	73.53%	11.02%	73.80%	11.17%
NON/2-4	2.99%	4.50%	1.42%	4.89%	8.48%	5.03%	0.49%	0.71%
Low/NIV	9.18%	12.19%	8.39%	28.16%	6.75%	36.11%	0.34%	0.46%
A/A-	45	$5,192,100	768	$100,273,305	453	$44,907,069	1266	$150,372,474
B	33	$2,567,500	535	$57,922,743	313	$26,959,987	881	$87,450,230
C	14	$1,030,700	283	$23,871,246	132	$8,830,581	429	$33,732,527
C-	4	$328,900	73	$6,059,892	53	$3,521,292	130	$9,910,084
D	7	$404,600	230	$19,191,578	138	$8,949,014	375	$28,545,192
Unknown	0	$0	0	$0	0	$0	0	$0
Remaining Pool	13	$922,315	233	$19,217,271	173	$13,453,669	419	$33,593,255
LTV/WAC	78.04%	11.72%	74.40%	11.44%	76.49%	10.84%	75.33%	11.21%
A/A-	3	$342,427	83	$7,890,978	82	$7,007,559	168	$15,240,964
B	6	$300,080	82	$6,871,602	50	$4,047,837	138	$11,219,518
C	2	$157,202	32	$1,888,441	18	$1,038,621	52	$3,084,264
C-	1	$90,499	6	$676,973	4	$229,323	11	$996,795
D	1	$32,107	30	$1,889,278	19	$1,130,329	50	$3,051,714
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	89.71%	$8,543,400	90.45%	$187,515,208	85.18%	$79,358,592	88.84%	$275,417,200
Delinquency Status
CURRENT	11	$799,709	180	$14,986,813	136	$10,652,558	327	$26,439,080
30-59	0	$0	6	$285,869	3	$116,724	9	$402,593
60-89	0	$0	10	$815,327	0	$0	10	$815,327
90-119	0	$0	2	$236,291	7	$422,489	9	$658,780
120-179	1	$90,499	6	$393,689	3	$354,621	10	$838,809
180-269	1	$32,107	7	$661,521	4	$320,352	12	$1,013,980
270-359	0	$0	2	$72,544	7	$413,279	9	$485,823
360+	0	$0	14	$1,132,862	9	$826,997	23	$1,959,859
REO	0	$0	6	$632,355	4	$346,649	10	$979,004
90+REO	2	$122,606	37	$3,129,262	34	$2,684,387	73	$5,936,255
Loss To Date
% to Original Pool Balance	0.97%	$92,209	3.71%	$7,681,970	4.82%	$4,494,027	3.96%	$12,268,206
Severity	48.97%		45.31%		48.58%		46.48%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.91%	$47,344	1.67%	$1,677,041	2.46%	$1,104,290	1.88%	$2,828,675
B	0.00%	$0	4.10%	$2,373,847	4.54%	$1,223,727	4.11%	$3,597,574
C	0.00%	$0	5.65%	$1,349,904	9.47%	$836,023	6.48%	$2,185,927
C-	0.00%	$0	3.42%	$207,486	6.35%	$223,496	4.35%	$430,982
D	11.09%	$44,864	10.81%	$2,073,691	12.36%	$1,106,491	11.30%	$3,225,046
Unknown	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
Loss by Characteristic	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
Low Doc	1.53%	$24,285	8.55%	$416,255	10.13%	$533,244	8.31%	$973,784
2-4 Unit	0.00%	$0	17.66%	$1,646,617	9.87%	$1,234,369	13.06%	$2,880,985
NIV	1.11%	$44,672	7.90%	$3,154,227	4.50%	$4,217,865	5.38%	$7,416,764
Non-Owner	0.00%	$0	59.99%	$1,094,508	11.02%	$2,305,448	14.60%	$3,399,956
90+ & REO as % Rem
A/A- , B, C	0.00%	0.00%	9.70%	20.40%	20.90%	13.70%	14.70%	17.50%
C- , D, NON	100.00%	100.00%	0.00%	35.50%	17.10%	45.30%	13.00%	39.80%
2-4, LOW, NIV	0.00%	100.00%	6.80%	13.70%	28.40%	14.40%	15.70%	17.20%
As of: Dec 2001

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1997-1
ARM Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	114	$11,656,400	2475	$265,425,519	1636	$142,044,653	4225	$419,126,572
LTV/WAC	71.95%	10.67%	71.47%	11.37%	71.23%	11.09%	71.40%	11.26%
NON/2-4	6.57%	3.61%	2.49%	5.67%	10.23%	5.48%	0.36%	0.52%
Low/NIV	11.74%	8.22%	11.14%	37.93%	6.29%	47.65%	0.25%	0.34%
A/A-	43	$5,115,800	850	$104,765,807	677	$67,491,508	1570	$177,373,115
B	36	$3,888,800	710	$77,904,516	470	$41,060,396	1216	$122,853,712
C	21	$1,646,000	341	$32,547,403	205	$15,832,711	567	$50,026,114
C-	1	$46,800	137	$12,405,728	78	$5,094,925	216	$17,547,453
D	13	$959,000	435	$37,559,565	206	$12,565,113	654	$51,083,678
Unknown	0	$0	2	$242,500	0	$0	2	$242,500
Remaining Pool	17	$1,634,190	311	$26,842,159	213	$15,330,068	541	$43,806,418
LTV/WAC	70.05%	10.84%	71.45%	11.99%	72.07%	11.47%	71.61%	11.77%
A/A-	6	$649,099	99	$9,178,520	81	$6,703,360	186	$16,530,980
B	6	$773,643	86	$7,772,912	50	$4,023,605	142	$12,570,160
C	1	$26,317	49	$3,306,603	31	$2,155,478	81	$5,488,398
C-	0	$0	13	$1,512,198	13	$575,557	26	$2,087,755
D	4	$185,130	64	$5,071,926	38	$1,872,068	106	$7,129,125
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	84.23%	$9,818,300	89.54%	$237,653,132	88.84%	$126,195,243	89.15%	$373,666,675
Delinquency Status
CURRENT	14	$1,505,920	191	$15,413,860	121	$8,888,392	326	$25,808,172
30-59	0	$0	17	$1,526,186	6	$362,697	23	$1,888,883
60-89	0	$0	8	$627,686	6	$344,761	14	$972,447
90-119	0	$0	7	$731,016	10	$552,593	17	$1,283,609
120-179	0	$0	9	$704,722	11	$744,359	20	$1,449,081
180-269	0	$0	9	$659,449	14	$991,560	23	$1,651,009
270-359	1	$22,429	7	$428,914	10	$408,596	18	$859,939
360+	2	$105,841	51	$5,182,212	26	$2,536,045	79	$7,824,098
REO	0	$0	12	$1,568,116	9	$501,065	21	$2,069,181
90+REO	3	$128,270	95	$9,274,429	80	$5,734,218	178	$15,136,917
Loss To Date
% to Original Pool Balance	2.41%	$280,862	4.65%	$12,334,528	4.80%	$6,812,609	4.64%	$19,427,999
Severity	36.67%		43.69%		48.63%		45.17%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.12%	$6,254	2.54%	$2,665,231	3.09%	$2,088,665	2.68%	$4,760,150
B	4.49%	$174,483	3.90%	$3,041,767	4.48%	$1,841,554	4.12%	$5,057,804
C	2.43%	$40,067	4.90%	$1,596,341	8.21%	$1,299,584	5.87%	$2,935,992
C-	0.00%	$0	4.44%	$551,196	5.90%	$300,537	4.85%	$851,733
D	6.26%	$60,058	11.93%	$4,479,994	10.20%	$1,282,269	11.40%	$5,822,321
Unknown	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
Loss by Characteristic	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
Low Doc	0.00%	$0	3.79%	$658,773	4.85%	$305,338	3.93%	$964,111
2-4 Unit	0.00%	$0	9.49%	$962,747	11.80%	$552,650	9.93%	$1,515,397
NIV	3.87%	$44,864	4.60%	$2,686,456	3.60%	$1,211,632	4.23%	$3,942,952
Non-Owner	0.00%	$0	30.12%	$887,742	7.06%	$558,109	12.98%	$1,445,851
90+ & REO as % Rem
A/A- , B, C	3.50%	0.00%	15.70%	29.20%	25.10%	35.80%	19.00%	29.50%
C- , D, NON	0.00%	57.20%	16.40%	74.20%	79.10%	45.10%	33.70%	66.10%
2-4, LOW, NIV	0.00%	57.20%	31.30%	45.20%	4.10%	34.60%	24.20%	42.80%
As of: Dec 2001

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1996-D
ARM Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	66	$5,555,500	2152	$213,125,559	1605	$141,157,348	3823	$359,838,407
LTV/WAC	66.39%	10.94%	69.02%	12.08%	70.62%	11.23%	69.61%	11.73%
NON/2-4	6.09%	2.10%	2.88%	6.85%	10.52%	4.75%	0.42%	0.61%
Low/NIV	32.60%	22.21%	10.03%	48.40%	3.59%	47.50%	0.29%	0.39%
A/A-	18	$1,999,200	492	$59,178,700	662	$65,757,242	1172	$126,935,142
B	17	$1,404,100	390	$44,254,540	468	$42,424,019	875	$88,082,659
C	12	$759,300	362	$32,844,117	246	$17,218,172	620	$50,821,589
C-	10	$630,000	227	$18,245,964	66	$5,052,805	303	$23,928,769
D	9	$762,900	681	$58,602,238	163	$10,705,110	853	$70,070,248
Unknown	0	$0	0	$0	0	$0	0	$0
Remaining Pool	10	$767,366	222	$17,769,416	148	$11,905,521	380	$30,442,303
LTV/WAC	67.91%	11.76%	67.66%	12.50%	71.15%	11.80%	69.03%	12.21%
A/A-	1	$121,445	49	$4,495,964	50	$4,833,682	100	$9,451,090
B	3	$253,007	27	$2,642,862	48	$4,078,948	78	$6,974,817
C	4	$241,861	40	$2,795,238	27	$1,608,399	71	$4,645,498
C-	1	$40,657	23	$1,480,735	5	$322,525	29	$1,843,918
D	1	$110,396	83	$6,354,616	18	$1,061,967	102	$7,526,979
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	85.80%	$4,766,600	91.44%	$194,878,070	91.05%	$128,530,431	91.20%	$328,175,101
Delinquency Status
CURRENT	5	$352,461	124	$9,530,932	83	$5,852,473	212	$15,735,866
30-59	3	$261,721	7	$597,122	7	$737,123	17	$1,595,966
60-89	0	$0	5	$513,661	2	$152,924	7	$666,585
90-119	1	$110,396	5	$444,238	3	$180,187	9	$734,821
120-179	0	$0	3	$227,610	7	$603,541	10	$831,151
180-269	1	$42,787	18	$1,813,014	6	$449,435	25	$2,305,236
270-359	0	$0	10	$564,176	4	$409,097	14	$973,273
360+	0	$0	38	$3,150,920	33	$3,416,899	71	$6,567,819
REO	0	$0	12	$927,743	3	$103,843	15	$1,031,586
90+REO	2	$153,183	86	$7,127,701	56	$5,163,002	144	$12,443,886
Loss To Date
% to Original Pool Balance	2.30%	$127,995	5.85%	$12,476,233	4.32%	$6,100,805	5.20%	$18,705,033
Severity	53.07%		43.88%		49.19%		45.54%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.00%	$0	2.32%	$1,375,752	2.26%	$1,483,443	2.25%	$2,859,195
B	1.58%	$22,168	3.19%	$1,410,792	4.40%	$1,866,470	3.75%	$3,299,430
C	0.00%	$0	6.96%	$2,287,520	8.97%	$1,545,206	7.54%	$3,832,726
C-	11.85%	$74,647	5.97%	$1,089,851	4.21%	$212,626	5.76%	$1,377,124
D	4.09%	$31,181	10.77%	$6,312,318	9.28%	$993,060	10.47%	$7,336,559
Unknown	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
Loss by Characteristic	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
Low Doc	4.39%	$60,058	4.10%	$1,212,209	6.23%	$556,078	4.59%	$1,828,345
2-4 Unit	0.00%	$0	14.58%	$2,192,849	4.78%	$372,268	11.03%	$2,565,117
NIV	15.02%	$143,853	5.75%	$5,799,983	4.41%	$2,983,635	5.27%	$8,927,471
Non-Owner	0.00%	$0	30.03%	$1,988,033	11.66%	$1,693,465	16.80%	$3,681,498
90+ & REO as % Rem
A/A- , B, C	0.00%	0.00%	19.20%	23.70%	38.80%	42.40%	29.00%	33.80%
C- , D, NON	0.00%	100.00%	42.70%	62.50%	26.90%	56.80%	39.00%	62.20%
2-4, LOW, NIV	0.00%	79.00%	22.80%	26.30%	65.60%	33.10%	42.10%	30.60%
As of: Dec 2001

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1996-C
ARM Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	84	$5,862,900	1999	$193,218,828	1686	$152,754,479	3769	$351,836,207
LTV/WAC	66.20%	11.48%	67.62%	12.05%	70.30%	11.41%	68.76%	11.76%
NON/2-4	3.87%	5.21%	5.00%	6.23%	9.19%	5.54%	0.43%	0.62%
Low/NIV	25.66%	36.85%	6.81%	56.16%	0.00%	25.55%	0.30%	0.40%
A/A-	12	$1,081,000	399	$44,170,136	721	$74,376,094	1132	$119,627,230
B	24	$1,864,200	288	$30,467,922	485	$45,851,720	797	$78,183,842
C	17	$908,500	263	$25,929,755	440	$30,104,715	720	$56,942,970
C-	9	$667,100	312	$27,086,703	7	$331,300	328	$28,085,103
D	22	$1,342,100	737	$65,564,312	33	$2,090,650	792	$68,997,062
Unknown	0	$0	0	$0	0	$0	0	$0
Remaining Pool	9	$448,799	170	$14,332,655	144	$10,058,945	323	$24,840,399
LTV/WAC	63.33%	12.36%	67.93%	12.46%	70.95%	11.39%	69.07%	12.02%
A/A-	3	$208,640	31	$2,681,300	64	$4,919,560	98	$7,809,500
B	0	$0	24	$2,423,442	43	$3,016,463	67	$5,439,906
C	1	$52,100	21	$1,955,910	31	$1,688,113	53	$3,696,123
C-	2	$111,313	25	$2,060,501	1	$59,214	28	$2,231,028
D	3	$76,746	69	$5,211,501	5	$375,596	77	$5,663,842
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	91.42%	$5,359,600	92.35%	$178,430,917	93.10%	$142,221,709	92.66%	$326,012,226
Delinquency Status
CURRENT	7	$333,747	106	$8,724,078	100	$6,876,106	213	$15,933,931
30-59	0	$0	3	$193,518	5	$286,700	8	$480,218
60-89	0	$0	2	$131,715	1	$121,918	3	$253,633
90-119	0	$0	3	$234,898	1	$93,208	4	$328,106
120-179	0	$0	4	$575,833	4	$473,619	8	$1,049,452
180-269	0	$0	6	$374,264	8	$454,786	14	$829,050
270-359	1	$62,952	9	$687,229	3	$137,772	13	$887,953
360+	1	$52,100	32	$2,915,778	17	$1,238,633	50	$4,206,511
REO	0	$0	5	$495,341	5	$376,203	10	$871,544
90+REO	2	$115,052	59	$5,283,343	38	$2,774,221	99	$8,172,616
Loss To Date
% to Original Pool Balance	2.19%	$128,299	6.48%	$12,512,308	4.97%	$7,588,205	5.75%	$20,228,812
Severity	56.10%		47.03%		46.92%		47.04%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.00%	$0	2.57%	$1,133,597	3.35%	$2,494,674	3.03%	$3,628,271
B	1.96%	$36,546	3.01%	$917,161	3.77%	$1,729,338	3.43%	$2,683,045
C	10.10%	$91,754	4.28%	$1,109,900	10.09%	$3,038,225	7.45%	$4,239,879
C-	0.00%	$0	5.68%	$1,539,528	24.36%	$80,699	5.77%	$1,620,227
D	0.00%	$0	11.92%	$7,812,121	11.73%	$245,269	11.68%	$8,057,390
Unknown	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
Loss by Characteristic	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
Low Doc	5.84%	$105,827	9.74%	$2,082,091	9.41%	$476,609	9.43%	$2,664,527
2-4 Unit	0.00%	$0	8.52%	$1,244,286	11.96%	$802,124	9.55%	$2,046,410
NIV	0.00%	$0	6.58%	$6,787,686	4.30%	$2,880,405	5.64%	$9,668,091
Non-Owner	6.55%	$22,168	29.58%	$1,814,348	12.97%	$1,925,697	17.65%	$3,762,213
90+ & REO as % Rem
A/A- , B, C	0.00%	0.00%	21.60%	26.90%	14.90%	35.10%	16.80%	31.50%
C- , D, NON	56.60%	0.00%	21.40%	57.40%	0.00%	82.40%	22.60%	58.30%
2-4, LOW, NIV	0.00%	0.00%	38.00%	19.00%	15.50%	0.00%	25.70%	16.80%
As of: Dec 2001

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1996-B
ARM Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	44	$3,478,600	1885	$179,551,230	0	$0	1929	$183,029,830
LTV/WAC	63.94%	11.44%	66.52%	12.19%	0.00%	0.00%	66.47%	12.18%
NON/2-4	15.55%	17.95%	3.38%	5.52%	0.00%	0.00%	0.83%	1.20%
Low/NIV	31.96%	24.24%	8.24%	49.54%	0.00%	0.00%	0.57%	0.77%
A/A-	8	$962,800	264	$32,906,858	0	$0	272	$33,869,658
B	9	$872,400	213	$24,982,910	0	$0	222	$25,855,310
C	10	$610,200	338	$32,813,845	0	$0	348	$33,424,045
C-	2	$95,800	220	$19,433,310	0	$0	222	$19,529,110
D	15	$937,400	850	$69,414,307	0	$0	865	$70,351,707
Unknown	0	$0	0	$0	0	$0	0	$0
Remaining Pool	2	$95,438	164	$11,731,937	0	$0	166	$11,827,375
LTV/WAC	67.43%	12.41%	64.78%	12.71%	0.00%	0.00%	64.80%	12.71%
A/A-	0	$0	15	$1,173,305	0	$0	15	$1,173,305
B	0	$0	11	$944,252	0	$0	11	$944,252
C	1	$37,433	27	$1,691,891	0	$0	28	$1,729,324
C-	1	$58,005	25	$1,584,451	0	$0	26	$1,642,456
D	0	$0	86	$6,338,038	0	$0	86	$6,338,038
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	97.19%	$3,380,900	93.22%	$167,370,383	0.00%	$0	93.29%	$170,751,283
Delinquency Status
CURRENT	0	$0	95	$6,734,319	0	$0	95	$6,734,319
30-59	0	$0	4	$250,584	0	$0	4	$250,584
60-89	0	$0	3	$290,945	0	$0	3	$290,945
90-119	0	$0	2	$133,967	0	$0	2	$133,967
120-179	0	$0	7	$364,282	0	$0	7	$364,282
180-269	0	$0	2	$90,606	0	$0	2	$90,606
270-359	1	$37,433	11	$782,698	0	$0	12	$820,131
360+	1	$58,005	32	$2,715,472	0	$0	33	$2,773,477
REO	0	$0	8	$369,064	0	$0	8	$369,064
90+REO	2	$95,438	62	$4,456,089	-	$0	64	$4,551,527
Loss To Date
% to Original Pool Balance	1.98%	$68,915	5.66%	$10,168,207	0.00%	$0	5.59%	$10,237,122
Severity	51.24%		44.33%		0.00%		44.37%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.00%	$0	2.65%	$870,874	0.00%	$0	2.57%	$870,874
B	0.00%	$0	4.56%	$1,138,274	0.00%	$0	4.40%	$1,138,274
C	0.00%	$0	4.45%	$1,459,748	0.00%	$0	4.37%	$1,459,748
C-	0.00%	$0	4.99%	$969,725	0.00%	$0	4.97%	$969,725
D	7.35%	$68,915	8.25%	$5,729,586	0.00%	$0	8.24%	$5,798,501
Unknown	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
Loss by Characteristic	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
Low Doc	0.00%	$0	9.13%	$1,201,263	0.00%	$0	8.19%	$1,201,263
2-4 Unit	0.00%	$0	10.35%	$1,246,300	10.93%	$924,588	10.43%	$2,170,888
NIV	2.01%	$43,362	7.43%	$8,057,988	2.31%	$902,209	6.01%	$9,003,559
Non-Owner	21.32%	$48,392	23.48%	$2,267,610	7.93%	$1,112,864	14.33%	$3,428,866
90+ & REO as % Rem
A/A- , B, C	0.00%	0.00%	15.90%	12.30%	0.00%	0.00%	15.90%	12.30%
C- , D, NON	100.00%	0.00%	26.80%	54.00%	0.00%	0.00%	29.40%	54.00%
2-4, LOW, NIV	100.00%	100.00%	22.60%	50.80%	0.00%	0.00%	26.80%	53.80%
As of: Dec 2001

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1996-A
ARM Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	34	$2,461,000	951	$99,064,240	0	$0	985	$101,525,240
LTV/WAC	58.70%	11.35%	66.01%	12.29%	0.00%	0.00%	65.83%	12.27%
NON/2-4	15.10%	13.04%	4.60%	5.46%	0.00%	0.00%	1.49%	2.15%
Low/NIV	22.39%	25.87%	9.87%	57.17%	0.00%	0.00%	1.03%	1.39%
A/A-	9	$968,600	178	$21,578,935	0	$0	187	$22,547,535
B	5	$388,600	118	$13,137,790	0	$0	123	$13,526,390
C	10	$495,400	148	$15,703,236	0	$0	158	$16,198,636
C-	0	$0	156	$14,641,429	0	$0	156	$14,641,429
D	10	$608,400	351	$34,002,850	0	$0	361	$34,611,250
Unknown	0	$0	0	$0	0	$0	0	$0
Remaining Pool	2	$85,576	79	$6,406,740	0	$0	81	$6,492,316
LTV/WAC	63.75%	11.33%	66.27%	12.43%	0.00%	0.00%	66.24%	12.41%
A/A-	1	$61,406	15	$1,188,375	0	$0	16	$1,249,781
B	0	$0	10	$906,175	0	$0	10	$906,175
C	0	$0	10	$827,276	0	$0	10	$827,276
C-	0	$0	12	$956,046	0	$0	12	$956,046
D	1	$24,171	32	$2,528,868	0	$0	33	$2,553,039
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	96.34%	$2,371,000	93.32%	$92,449,456	0.00%	$0	93.40%	$94,820,456
Delinquency Status
CURRENT	1	$61,406	57	$3,932,492	0	$0	58	$3,993,898
30-59	0	$0	0	$0	0	$0	0	$0
60-89	1	$24,171	1	$103,193	0	$0	2	$127,364
90-119	0	$0	1	$171,399	0	$0	1	$171,399
120-179	0	$0	1	$117,575	0	$0	1	$117,575
180-269	0	$0	2	$94,935	0	$0	2	$94,935
270-359	0	$0	3	$304,320	0	$0	3	$304,320
360+	0	$0	11	$1,417,006	0	$0	11	$1,417,006
REO	0	$0	3	$265,821	0	$0	3	$265,821
90+REO	-	$0	21	$2,371,056	-	$0	21	$2,371,056
Loss To Date
% to Original Pool Balance	3.85%	$94,676	6.99%	$6,923,834	0.00%	$0	6.91%	$7,018,510
Severity	67.29%		44.76%		0.00%		44.96%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	2.21%	$21,387	4.78%	$1,030,525	0.00%	$0	4.67%	$1,051,912
B	8.13%	$31,611	6.42%	$843,457	0.00%	$0	6.47%	$875,068
C	5.93%	$29,353	2.51%	$394,425	0.00%	$0	2.62%	$423,778
C-	#DIV/0!	$0	3.33%	$487,598	0.00%	$0	3.33%	$487,598
D	2.03%	$12,326	12.26%	$4,167,829	0.00%	$0	12.08%	$4,180,155
Unknown	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
Loss by Characteristic	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
Low Doc	6.20%	$68,915	8.16%	$1,206,510	0.00%	$0	8.02%	$1,275,425
2-4 Unit	8.53%	$53,281	9.35%	$927,552	0.00%	$0	9.31%	$980,832
NIV	0.00%	$0	5.69%	$5,059,221	0.00%	$0	5.63%	$5,059,221
Non-Owner	0.00%	$0	31.74%	$1,924,894	0.00%	$0	29.14%	$1,924,894
90+ & REO as % Rem
A/A- , B, C	0.00%	0.00%	19.80%	28.00%	0.00%	0.00%	18.90%	28.00%
C- , D, NON	0.00%	0.00%	33.00%	58.70%	0.00%	0.00%	33.00%	58.10%
2-4, LOW, NIV	0.00%	0.00%	58.80%	38.20%	0.00%	0.00%	58.80%	37.50%
As of: Dec 2001

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1995-D
ARM Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	29	$2,509,900	735	$74,053,341	0	$0	764	$76,563,241
LTV/WAC	59.36%	11.34%	68.16%	12.27%	0.00%	0.00%	67.87%	12.24%
NON/2-4	0.00%	19.59%	3.15%	4.66%	0.00%	0.00%	1.98%	2.86%
Low/NIV	24.81%	10.68%	15.47%	53.93%	0.00%	0.00%	1.36%	1.85%
A/A-	6	$359,600	200	$22,741,061	0	$0	206	$23,100,661
B	11	$1,244,800	121	$11,706,675	0	$0	132	$12,951,475
C	5	$412,600	115	$11,681,262	0	$0	120	$12,093,862
C-	3	$218,500	119	$10,678,965	0	$0	122	$10,897,465
D	4	$274,400	180	$17,245,378	0	$0	184	$17,519,778
Unknown	0	$0	0	$0	0	$0	0	$0
Remaining Pool	5	$423,275	63	$5,389,368	0	$0	68	$5,812,643
LTV/WAC	68.64%	11.53%	68.50%	11.55%	0.00%	0.00%	68.51%	11.55%
A/A-	0	$0	14	$1,285,655	0	$0	14	$1,285,655
B	3	$268,116	15	$1,459,698	0	$0	18	$1,727,813
C	1	$67,020	10	$938,386	0	$0	11	$1,005,406
C-	1	$88,139	10	$696,398	0	$0	11	$784,537
D	0	$0	14	$1,009,232	0	$0	14	$1,009,232
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	82.52%	$2,071,200	92.43%	$68,449,221	0.00%	$0	92.11%	$70,520,421
Delinquency Status
CURRENT	4	$348,873	42	$3,449,730	0	$0	46	$3,798,603
30-59	0	$0	6	$569,489	0	$0	6	$569,489
60-89	1	$74,402	2	$130,684	0	$0	3	$205,086
90-119	0	$0	0	$0	0	$0	0	$0
120-179	0	$0	0	$0	0	$0	0	$0
180-269	0	$0	0	$0	0	$0	0	$0
270-359	0	$0	1	$50,165	0	$0	1	$50,165
360+	0	$0	8	$778,166	0	$0	8	$778,166
REO	0	$0	4	$411,133	0	$0	4	$411,133
90+REO	-	$0	13	$1,239,464	-	$0	13	$1,239,464
Loss To Date
% to Original Pool Balance	3.68%	$92,348	7.14%	$5,289,597	0.00%	$0	7.03%	$5,381,945
Severity	85.91%		40.82%		0.00%		41.19%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.00%	$0	3.95%	$899,225	0.00%	$0	3.89%	$899,225
B	0.00%	$0	4.73%	$553,889	0.00%	$0	4.28%	$553,889
C	0.00%	$0	6.43%	$750,974	0.00%	$0	6.21%	$750,974
C-	19.61%	$42,850	10.47%	$1,118,365	0.00%	$0	10.66%	$1,161,215
D	18.04%	$49,498	11.41%	$1,967,144	0.00%	$0	11.51%	$2,016,642
Unknown	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
Loss by Characteristic	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
Low Doc	2.24%	$12,326	4.72%	$461,558	0.00%	$0	4.59%	$473,884
2-4 Unit	0.00%	$0	10.45%	$565,209	0.00%	$0	9.87%	$565,209
NIV	4.97%	$31,611	8.50%	$4,813,680	0.00%	$0	8.46%	$4,845,291
Non-Owner	17.57%	$65,323	17.00%	$774,386	0.00%	$0	17.04%	$839,709
90+ & REO as % Rem
A/A- , B, C	0.00%	0.00%	8.70%	25.20%	0.00%	0.00%	8.70%	21.20%
C- , D, NON	0.00%	0.00%	46.20%	35.90%	0.00%	0.00%	41.00%	35.90%
2-4, LOW, NIV	0.00%	0.00%	0.00%	12.70%	0.00%	0.00%	0.00%	11.30%
As of: Dec 2001

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1995-C
ARM Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	57	$4,654,100	685	$68,275,030	0	$0	742	$72,929,130
LTV/WAC	59.95%	11.61%	65.14%	12.35%	0.00%	0.00%	64.81%	12.30%
NON/2-4	9.37%	4.37%	3.62%	6.80%	0.00%	0.00%	2.08%	3.00%
Low/NIV	9.30%	33.80%	13.00%	57.74%	0.00%	0.00%	1.43%	1.94%
A/A-	18	$1,509,600	109	$12,831,175	0	$0	127	$14,340,775
B	17	$1,708,700	88	$10,076,615	0	$0	105	$11,785,315
C	15	$964,500	108	$9,564,750	0	$0	123	$10,529,250
C-	1	$65,000	185	$16,321,995	0	$0	186	$16,386,995
D	6	$406,300	195	$19,480,495	0	$0	201	$19,886,795
Unknown	0	$0	0	$0	0	$0	0	$0
Remaining Pool	5	$314,282	50	$4,113,337	0	$0	55	$4,427,619
LTV/WAC	63.41%	11.71%	68.11%	11.58%	0.00%	0.00%	67.78%	11.59%
A/A-	3	$234,842	14	$1,146,004	0	$0	17	$1,380,845
B	0	$0	11	$1,097,024	0	$0	11	$1,097,024
C	1	$24,931	4	$228,593	0	$0	5	$253,524
C-	0	$0	11	$933,495	0	$0	11	$933,495
D	1	$54,509	10	$708,221	0	$0	11	$762,730
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	92.53%	$4,306,600	93.64%	$63,933,290	0.00%	$0	93.57%	$68,239,890
Delinquency Status
CURRENT	5	$314,282	42	$3,283,155	0	$0	47	$3,597,437
30-59	0	$0	0	$0	0	$0	0	$0
60-89	0	$0	0	$0	0	$0	0	$0
90-119	0	$0	1	$170,139	0	$0	1	$170,139
120-179	0	$0	0	$0	0	$0	0	$0
180-269	0	$0	2	$155,983	0	$0	2	$155,983
270-359	0	$0	1	$31,329	0	$0	1	$31,329
360+	0	$0	3	$386,383	0	$0	3	$386,383
REO	0	$0	1	$86,347	0	$0	1	$86,347
90+REO	-	$0	8	$830,181	-	$0	8	$830,181
Loss To Date
% to Original Pool Balance	0.95%	$44,072	8.65%	$5,908,182	0.00%	$0	8.16%	$5,952,254
Severity	20.77%		40.53%		0.00%		40.24%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	1.13%	$17,049	3.59%	$460,947	0.00%	$0	3.33%	$477,996
B	-0.29%	($4,963)	7.60%	$765,392	0.00%	$0	6.45%	$760,429
C	2.36%	$22,778	4.94%	$472,417	0.00%	$0	4.70%	$495,195
C-	0.00%	$0	10.81%	$1,763,770	0.00%	$0	10.76%	$1,763,770
D	2.27%	$9,209	12.55%	$2,445,656	0.00%	$0	12.34%	$2,454,865
Unknown	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
Loss by Characteristic	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
Low Doc	14.83%	$92,348	8.08%	$926,122	0.00%	$0	8.43%	$1,018,470
2-4 Unit	0.00%	$0	10.68%	$368,599	0.00%	$0	9.35%	$368,599
NIV	0.00%	$0	8.52%	$3,403,655	0.00%	$0	8.47%	$3,403,655
Non-Owner	0.00%	$0	30.75%	$717,258	0.00%	$0	30.75%	$717,258
90+ & REO as % Rem
A/A- , B, C	0.00%	0.00%	0.00%	15.50%	0.00%	0.00%	0.00%	15.50%
C- , D, NON	0.00%	0.00%	22.40%	63.70%	0.00%	0.00%	22.40%	59.10%
2-4, LOW, NIV	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
As of: Dec 2001

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1995-B
ARM Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	59	$4,495,700	535	$55,626,100	0	$0	594	$60,121,800
LTV/WAC	59.69%	11.67%	65.45%	12.19%	0.00%	0.00%	65.02%	12.15%
NON/2-4	6.73%	4.31%	4.96%	6.37%	0.00%	0.00%	2.52%	3.64%
Low/NIV	19.89%	35.27%	16.28%	52.49%	0.00%	0.00%	1.73%	2.36%
A/A-	17	$1,528,800	100	$11,866,260	0	$0	117	$13,395,060
B	17	$1,143,000	75	$7,698,200	0	$0	92	$8,841,200
C	13	$974,800	94	$9,739,425	0	$0	107	$10,714,225
C-	3	$231,400	139	$13,732,625	0	$0	142	$13,964,025
D	9	$617,700	127	$12,589,590	0	$0	136	$13,207,290
Unknown	0	$0	0	$0	0	$0	0	$0
Remaining Pool	4	$211,984	46	$4,323,393	0	$0	50	$4,535,377
LTV/WAC	60.01%	11.74%	65.59%	11.13%	0.00%	0.00%	65.33%	11.16%
A/A-	2	$87,250	12	$1,133,731	0	$0	14	$1,220,981
B	1	$57,410	10	$911,449	0	$0	11	$968,858
C	0	$0	7	$661,223	0	$0	7	$661,223
C-	1	$67,325	12	$1,340,266	0	$0	13	$1,407,591
D	0	$0	5	$276,724	0	$0	5	$276,724
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	95.07%	$4,274,200	91.54%	$50,917,950	0.00%	$0	91.80%	$55,192,150
Delinquency Status
CURRENT	4	$211,984	35	$3,339,648	0	$0	39	$3,551,632
30-59	0	$0	0	$0	0	$0	0	$0
60-89	0	$0	2	$257,708	0	$0	2	$257,708
90-119	0	$0	0	$0	0	$0	0	$0
120-179	0	$0	3	$314,733	0	$0	3	$314,733
180-269	0	$0	1	$41,357	0	$0	1	$41,357
270-359	0	$0	1	$64,957	0	$0	1	$64,957
360+	0	$0	3	$250,640	0	$0	3	$250,640
REO	0	$0	1	$54,350	0	$0	1	$54,350
90+REO	-	$0	9	$726,037	-	$0	9	$726,037
Loss To Date
% to Original Pool Balance	0.60%	$27,193	11.36%	$6,319,008	0.00%	$0	10.56%	$6,346,201
Severity	16.53%		46.49%		0.00%		46.14%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.00%	$0	2.83%	$335,576	0.00%	$0	2.51%	$335,576
B	0.65%	$7,378	2.95%	$227,195	0.00%	$0	2.65%	$234,573
C	0.00%	$0	14.51%	$1,412,801	0.00%	$0	13.19%	$1,412,801
C-	0.00%	$0	12.06%	$1,655,559	0.00%	$0	11.86%	$1,655,559
D	3.21%	$19,814	21.35%	$2,687,878	0.00%	$0	20.50%	$2,707,692
Unknown	#DIV/0!	$0	0.00%	$0	0.00%	$0	0.00%	$0
Loss by Characteristic	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
Low Doc	2.13%	$9,209	14.15%	$1,256,027	0.00%	$0	13.59%	$1,265,236
2-4 Unit	-2.44%	($4,963)	17.51%	$812,582	0.00%	$0	16.67%	$807,619
NIV	-0.32%	($4,963)	8.69%	$3,425,549	0.00%	$0	8.34%	$3,420,586
Non-Owner	-1.14%	($4,963)	31.35%	$775,892	0.00%	$0	26.48%	$770,929
90+ & REO as % Rem
A/A- , B, C	0.00%	0.00%	0.00%	9.30%	0.00%	0.00%	0.00%	8.70%
C- , D, NON	0.00%	0.00%	29.70%	16.50%	0.00%	0.00%	28.30%	16.50%
2-4, LOW, NIV	0.00%	0.00%	32.30%	29.50%	0.00%	0.00%	32.30%	29.50%
As of: Dec 2001

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1995-A
ARM Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	55	$4,558,700	424	$49,703,485	0	$0	479	$54,262,185
LTV/WAC	58.78%	11.96%	64.99%	11.87%	0.00%	0.00%	64.47%	11.88%
NON/2-4	6.38%	3.95%	6.59%	5.59%	0.00%	0.00%	2.79%	4.03%
Low/NIV	28.19%	30.94%	18.17%	44.25%	0.00%	0.00%	1.92%	2.61%
A/A-	9	$808,400	130	$15,737,430	0	$0	139	$16,545,830
B	6	$456,200	77	$9,038,850	0	$0	83	$9,495,050
C	20	$1,789,000	65	$8,257,050	0	$0	85	$10,046,050
C-	4	$295,900	93	$9,727,550	0	$0	97	$10,023,450
D	16	$1,209,200	57	$6,738,755	0	$0	73	$7,947,955
Unknown	0	$0	2	$203,850	0	$0	2	$203,850
Remaining Pool	4	$90,170	37	$4,079,470	0	$0	41	$4,169,639
LTV/WAC	41.53%	11.62%	67.06%	11.75%	0.00%	0.00%	66.51%	11.74%
A/A-	0	$0	12	$1,204,672	0	$0	12	$1,204,672
B	1	$20,123	8	$810,733	0	$0	9	$830,856
C	3	$70,047	7	$816,586	0	$0	10	$886,633
C-	0	$0	5	$592,001	0	$0	5	$592,001
D	0	$0	4	$516,207	0	$0	4	$516,207
Unknown	0	$0	1	$139,271	0	$0	1	$139,271
Paid Off	97.47%	$4,443,200	91.40%	$45,429,360	0.00%	$0	91.91%	$49,872,560
Delinquency Status
CURRENT	3	$70,047	36	$3,784,809	0	$0	39	$3,854,856
30-59	1	$20,123	0	$0	0	$0	1	$20,123
60-89	0	$0	0	$0	0	$0	0	$0
90-119	0	$0	0	$0	0	$0	0	$0
120-179	0	$0	0	$0	0	$0	0	$0
180-269	0	$0	1	$294,660	0	$0	1	$294,660
270-359	0	$0	0	$0	0	$0	0	$0
360+	0	$0	0	$0	0	$0	0	$0
REO	0	$0	0	$0	0	$0	0	$0
90+REO	-	$0	1	$294,660	-	$0	1	$294,660
Loss To Date
% to Original Pool Balance	0.56%	$25,562	5.42%	$2,691,950	0.00%	$0	5.01%	$2,717,512
Severity	8.23%		33.58%		0.00%		32.63%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.00%	$0	2.98%	$468,561	0.00%	$0	2.83%	$468,561
B	0.00%	$0	2.44%	$220,328	0.00%	$0	2.32%	$220,328
C	0.00%	$0	6.82%	$562,835	0.00%	$0	5.60%	$562,835
C-	-10.38%	($30,702)	9.38%	$912,372	0.00%	$0	8.80%	$881,670
D	4.65%	$56,264	7.83%	$527,855	0.00%	$0	7.35%	$584,119
Unknown	#DIV/0!	$0	0.00%	$0	0.00%	$0	0.00%	$0
Loss by Characteristic	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
Low Doc	2.22%	$19,814	8.36%	$756,804	0.00%	$0	7.80%	$776,618
2-4 Unit	0.00%	$0	19.97%	$706,932	0.00%	$0	18.93%	$706,932
NIV	0.47%	$7,378	14.11%	$4,121,041	0.00%	$0	13.41%	$4,128,419
Non-Owner	0.00%	$0	17.44%	$481,576	0.00%	$0	15.72%	$481,576
90+ & REO as % Rem
A/A- , B, C	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
C- , D, NON	0.00%	0.00%	49.80%	0.00%	0.00%	0.00%	49.80%	0.00%
2-4, LOW, NIV	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
As of: Dec 2001

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1994-D
ARM Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	104	$8,030,100	246	$28,553,276	0	$0	350	$36,583,376
LTV/WAC	54.81%	11.38%	66.69%	11.37%	0.00%	0.00%	64.08%	11.37%
NON/2-4	13.60%	5.60%	3.65%	5.56%	0.00%	0.00%	4.14%	5.98%
Low/NIV	32.59%	33.86%	13.22%	31.20%	0.00%	0.00%	2.85%	3.87%
A/A-	26	$2,369,700	80	$9,636,161	0	$0	106	$12,005,861
B	10	$692,400	56	$6,283,970	0	$0	66	$6,976,370
C	35	$1,974,500	36	$3,490,135	0	$0	71	$5,464,635
C-	12	$864,300	57	$7,288,350	0	$0	69	$8,152,650
D	21	$2,129,200	17	$1,854,660	0	$0	38	$3,983,860
Unknown	0	$0	0	$0	0	$0	0	$0
Remaining Pool	14	$899,086	18	$1,719,715	0	$0	32	$2,618,801
LTV/WAC	59.80%	11.23%	69.71%	9.94%	0.00%	0.00%	66.30%	10.39%
A/A-	4	$210,492	7	$844,963	0	$0	11	$1,055,455
B	1	$15,910	5	$407,969	0	$0	6	$423,879
C	3	$121,680	4	$283,780	0	$0	7	$405,460
C-	4	$295,173	2	$183,002	0	$0	6	$478,175
D	2	$255,831	0	$0	0	$0	2	$255,831
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	87.75%	$7,046,800	93.61%	$26,728,065	0.00%	$0	92.32%	$33,774,865
Delinquency Status
CURRENT	14	$899,086	17	$1,676,054	0	$0	31	$2,575,140
30-59	0	$0	0	$0	0	$0	0	$0
60-89	0	$0	0	$0	0	$0	0	$0
90-119	0	$0	0	$0	0	$0	0	$0
120-179	0	$0	1	$43,660	0	$0	1	$43,660
180-269	0	$0	0	$0	0	$0	0	$0
270-359	0	$0	0	$0	0	$0	0	$0
360+	0	$0	0	$0	0	$0	0	$0
REO	0	$0	0	$0	0	$0	0	$0
90+REO	-	$0	1	$43,660	-	$0	1	$43,660
Loss To Date
% to Original Pool Balance	0.10%	$7,995	4.43%	$1,265,737	0.00%	$0	3.48%	$1,273,732
Severity	5.38%		31.67%		0.00%		30.73%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.00%	$0	1.95%	$187,798	0.00%	$0	1.56%	$187,798
B	0.00%	$0	5.15%	$323,739	0.00%	$0	4.64%	$323,739
C	0.77%	$15,299	9.68%	$337,882	0.00%	$0	6.46%	$353,181
C-	0.00%	$0	4.80%	$349,610	0.00%	$0	4.29%	$349,610
D	-0.34%	($7,304)	3.60%	$66,709	0.00%	$0	1.49%	$59,405
Unknown	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
Loss by Characteristic	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
Low Doc	-0.47%	($6,066)	3.69%	$333,172	0.00%	$0	3.17%	$327,106
2-4 Unit	0.00%	$0	12.79%	$355,364	0.00%	$0	12.01%	$355,364
NIV	2.24%	$31,628	7.33%	$1,611,908	0.00%	$0	7.02%	$1,643,536
Non-Owner	3.65%	$10,614	5.36%	$175,451	0.00%	$0	5.22%	$186,065
90+ & REO as % Rem
A/A- , B, C	0.00%	0.00%	5.20%	0.00%	0.00%	0.00%	4.10%	0.00%
C- , D, NON	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
2-4, LOW, NIV	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
As of: Dec 2001

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1994-C
ARM Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	115	$8,035,600	127	$14,211,925	0	$0	242	$22,247,525
LTV/WAC	57.19%	11.03%	64.21%	11.04%	0.00%	0.00%	61.67%	11.04%
NON/2-4	10.09%	3.99%	4.96%	13.14%	0.00%	0.00%	6.81%	9.83%
Low/NIV	12.96%	17.62%	0.00%	0.00%	0.00%	0.00%	4.68%	6.36%
A/A-	50	$3,885,400	48	$6,070,210	0	$0	98	$9,955,610
B	2	$203,500	14	$1,735,165	0	$0	16	$1,938,665
C	33	$1,949,500	32	$3,090,650	0	$0	65	$5,040,150
C-	2	$80,400	27	$2,851,650	0	$0	29	$2,932,050
D	28	$1,916,800	5	$354,250	0	$0	33	$2,271,050
Unknown	0	$0	1	$110,000	0	$0	1	$110,000
Remaining Pool	11	$691,627	5	$418,779	0	$0	16	$1,110,406
LTV/WAC	58.66%	10.66%	71.29%	10.36%	0.00%	0.00%	63.42%	10.54%
A/A-	7	$420,989	4	$325,235	0	$0	11	$746,224
B	0	$0	0	$0	0	$0	0	$0
C	3	$229,858	0	$0	0	$0	3	$229,858
C-	0	$0	1	$93,544	0	$0	1	$93,544
D	1	$40,780	0	$0	0	$0	1	$40,780
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	90.45%	$7,268,200	96.85%	$13,764,725	0.00%	$0	94.54%	$21,032,925
Delinquency Status
CURRENT	9	$494,002	5	$418,779	0	$0	14	$912,781
30-59	0	$0	0	$0	0	$0	0	$0
60-89	1	$120,373	0	$0	0	$0	1	$120,373
90-119	0	$0	0	$0	0	$0	0	$0
120-179	1	$77,252	0	$0	0	$0	1	$77,252
180-269	0	$0	0	$0	0	$0	0	$0
270-359	0	$0	0	$0	0	$0	0	$0
360+	0	$0	0	$0	0	$0	0	$0
REO	0	$0	0	$0	0	$0	0	$0
90+REO	1	$77,252	-	$0	-	$0	1	$77,252
Loss To Date
% to Original Pool Balance	0.74%	$59,466	3.08%	$438,407	0.00%	$0	2.24%	$497,873
Severity	39.99%		32.19%		0.00%		32.95%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.00%	$0	2.79%	$169,519	0.00%	$0	1.70%	$169,519
B	0.00%	$0	6.59%	$114,375	0.00%	$0	5.90%	$114,375
C	2.79%	$54,387	3.66%	$113,213	0.00%	$0	3.33%	$167,600
C-	0.00%	$0	1.45%	$41,300	0.00%	$0	1.41%	$41,300
D	0.26%	$5,079	0.00%	$0	0.00%	$0	0.22%	$5,079
Unknown	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
Loss by Characteristic	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
Low Doc	0.00%	$0	5.92%	$223,535	0.00%	$0	3.50%	$223,535
2-4 Unit	0.00%	$0	4.45%	$70,762	0.00%	$0	3.47%	$70,762
NIV	0.29%	$7,995	2.29%	$204,175	0.00%	$0	1.82%	$212,170
Non-Owner	0.00%	$0	4.60%	$47,924	0.00%	$0	2.25%	$47,924
90+ & REO as % Rem
A/A- , B, C	18.40%	0.00%	0.00%	0.00%	0.00%	0.00%	10.40%	0.00%
C- , D, NON	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
2-4, LOW, NIV	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
As of: Dec 2001

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1994-B
ARM Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	164	$11,803,600	88	$9,620,970	0	$0	252	$21,424,570
LTV/WAC	58.41%	10.82%	64.82%	10.75%	0.00%	0.00%	61.29%	10.78%
NON/2-4	13.18%	7.43%	5.18%	4.35%	0.00%	0.00%	7.07%	10.21%
Low/NIV	0.00%	0.00%	9.55%	37.40%	0.00%	0.00%	4.86%	6.61%
A/A-	59	$4,747,100	9	$823,125	0	$0	68	$5,570,225
B	32	$2,268,600	0	$0	0	$0	32	$2,268,600
C	37	$2,416,400	15	$1,961,650	0	$0	52	$4,378,050
C-	3	$181,700	8	$772,685	0	$0	11	$954,385
D	33	$2,189,800	18	$2,077,350	0	$0	51	$4,267,150
Unknown	0	$0	38	$3,986,160	0	$0	38	$3,986,160
Remaining Pool	26	$1,516,799	5	$398,569	0	$0	31	$1,915,368
LTV/WAC	58.88%	10.22%	67.85%	10.34%	0.00%	0.00%	60.74%	10.24%
A/A-	11	$746,605	2	$150,509	0	$0	13	$897,115
B	4	$124,774	0	$0	0	$0	4	$124,774
C	7	$384,552	1	$108,456	0	$0	8	$493,008
C-	1	$99,566	1	$56,668	0	$0	2	$156,234
D	3	$161,303	0	$0	0	$0	3	$161,303
Unknown	0	$0	1	$82,935	0	$0	1	$82,935
Paid Off	85.09%	$10,043,100	95.36%	$9,174,220	0.00%	$0	89.70%	$19,217,320
Delinquency Status
CURRENT	24	$1,330,069	5	$398,569	0	$0	29	$1,728,638
30-59	1	$83,274	0	$0	0	$0	1	$83,274
60-89	0	$0	0	$0	0	$0	0	$0
90-119	0	$0	0	$0	0	$0	0	$0
120-179	0	$0	0	$0	0	$0	0	$0
180-269	1	$103,456	0	$0	0	$0	1	$103,456
270-359	0	$0	0	$0	0	$0	0	$0
360+	0	$0	0	$0	0	$0	0	$0
REO	0	$0	0	$0	0	$0	0	$0
90+REO	1	$103,456	-	$0	-	$0	1	$103,456
Loss To Date
% to Original Pool Balance	0.65%	$76,444	3.53%	$339,439	0.00%	$0	1.94%	$415,883
Severity	11.34%		40.65%		0.00%		27.56%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	1.08%	$51,472	0.00%	$0	0.00%	$0	0.92%	$51,472
B	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
C	-0.57%	($13,815)	3.19%	$62,615	0.00%	$0	1.11%	$48,800
C-	16.14%	$29,333	0.00%	$0	0.00%	$0	3.07%	$29,333
D	0.43%	$9,453	5.98%	$124,186	0.00%	$0	3.13%	$133,639
Unknown	0.00%	$0	3.83%	$152,638	0.00%	$0	3.83%	$152,638
Loss by Characteristic	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
Low Doc	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
2-4 Unit	0.00%	$0	17.48%	$326,354	0.00%	$0	14.92%	$326,354
NIV	0.24%	$3,452	0.00%	$0	0.00%	$0	0.24%	$3,452
Non-Owner	0.00%	$0	9.69%	$68,317	0.00%	$0	4.51%	$68,317
90+ & REO as % Rem
A/A- , B, C	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
C- , D, NON	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
2-4, LOW, NIV	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
As of: Dec 2001

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1994-A
ARM Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	159	$11,950,100	2	$153,600	0	$0	161	$12,103,700
LTV/WAC	55.48%	10.23%	47.11%	10.83%	0.00%	0.00%	55.37%	10.24%
NON/2-4	6.50%	6.46%	0.00%	0.00%	0.00%	0.00%	12.52%	18.07%
Low/NIV	0.67%	8.26%	48.83%	0.00%	0.00%	0.00%	8.60%	11.70%
A/A-	59	$4,359,900	0	$0	0	$0	59	$4,359,900
B	38	$2,686,500	0	$0	0	$0	38	$2,686,500
C	22	$1,831,400	0	$0	0	$0	22	$1,831,400
C-	6	$430,200	1	$75,000	0	$0	7	$505,200
D	19	$1,372,800	0	$0	0	$0	19	$1,372,800
Unknown	15	$1,269,300	1	$78,600	0	$0	16	$1,347,900
Remaining Pool	17	$974,858	0	$0	0	$0	17	$974,858
LTV/WAC	55.64%	9.97%	0.00%	0.00%	0.00%	0.00%	55.64%	9.97%
A/A-	4	$222,154	0	$0	0	$0	4	$222,154
B	4	$193,437	0	$0	0	$0	4	$193,437
C	4	$205,421	0	$0	0	$0	4	$205,421
C-	1	$46,313	0	$0	0	$0	1	$46,313
D	3	$202,408	0	$0	0	$0	3	$202,408
Unknown	1	$105,124	0	$0	0	$0	1	$105,124
Paid Off	90.93%	$10,865,800	100.00%	$153,600	0.00%	$0	91.04%	$11,019,400
Delinquency Status
CURRENT	15	$871,405	0	$0	0	$0	15	$871,405
30-59	1	$63,721	0	$0	0	$0	1	$63,721
60-89	1	$39,732	0	$0	0	$0	1	$39,732
90-119	0	$0	0	$0	0	$0	0	$0
120-179	0	$0	0	$0	0	$0	0	$0
180-269	0	$0	0	$0	0	$0	0	$0
270-359	0	$0	0	$0	0	$0	0	$0
360+	0	$0	0	$0	0	$0	0	$0
REO	0	$0	0	$0	0	$0	0	$0
90+REO	-	$0	-	$0	-	$0	-	$0
Loss To Date
% to Original Pool Balance	-0.11%	-$13,653	0.00%	$0	0.00%	$0	-0.11%	-$13,653
Severity	-4.30%		0.00%		0.00%		-4.30%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	-0.57%	($24,857)	0.00%	$0	0.00%	$0	-0.57%	($24,857)
B	0.39%	$10,408	0.00%	$0	0.00%	$0	0.39%	$10,408
C	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
C-	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
D	0.06%	$797	0.00%	$0	0.00%	$0	0.06%	$797
Unknown	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
Loss by Characteristic	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
Low Doc	0.00%	$0	4.07%	$37,423	0.00%	$0	4.07%	$37,423
2-4 Unit	0.68%	$5,971	28.35%	$118,598	0.00%	$0	9.61%	$124,569
NIV	0.00%	$0	4.15%	$149,378	0.00%	$0	4.15%	$149,378
Non-Owner	3.40%	$52,913	6.39%	$31,835	0.00%	$0	4.13%	$84,748
90+ & REO as % Rem
A/A- , B, C	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
C- , D, NON	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
2-4, LOW, NIV	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
As of: Dec 2001