May 2002 Fixed Rate Loans

EX-99 4 may02fixed.htm EXHIBIT 99.2 May 2002 Fixed Rate Loans

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, 2002-1
Fixed Rate Loans
	Retail		Correspondent		Broker		NLC		Total
Category	#	$	#	$	#	$	#	$	#	$
Original	1140	$85,636,693	0	$0	369	$46,499,881	293	$26,375,625	1802	$158,512,199
LTV/WAC	73.28%	9.48%	0.00%	0.00%	73.49%	9.14%	75.53%	9.02%	73.71%	9.31%
NON/2-4	5.70%	5.93%	0.00%	0.00%	8.27%	9.29%	7.33%	5.29%	6.73%	6.81%
Low/NIV	1.66%	15.11%	0.00%	0.00%	2.36%	21.12%	1.85%	14.77%	1.90%	16.82%
A/A-	574	$49,410,468	0	$0	256	$33,619,049	171	$16,039,675	1001	$99,069,192
B	328	$23,247,537	0	$0	81	$9,061,832	78	$6,634,200	487	$38,943,569
C	184	$10,369,660	0	$0	20	$2,214,400	26	$2,059,890	230	$14,643,950
C-	7	$346,800	0	$0	8	$873,600	17	$1,551,860	32	$2,772,260
D	47	$2,262,228	0	$0	4	$731,000	1	$90,000	52	$3,083,228
Remaining	1134	$84,905,023	0	$0	367	$46,055,220	290	$26,027,475	1,791	$156,987,719
LTV/WAC	73.32%	9.48%	0.00%	0.00%	73.43%	9.13%	75.67%	9.01%	73.75%	9.30%
A/A-	571	$49,075,826	0	$0	255	$33,289,578	169	$15,847,905	995	$98,213,309
B	327	$23,084,166	0	$0	80	$8,954,063	78	$6,616,037	485	$38,654,265
C	182	$10,142,211	0	$0	20	$2,211,159	26	$2,054,927	228	$14,408,297
C-	7	$345,201	0	$0	8	$871,475	16	$1,418,606	31	$2,635,281
D	47	$2,257,620	0	$0	4	$728,945	1	$90,000	52	$3,076,565
Paid Off	0.48%	$410,150	0.00%	$0	0.73%	$337,250	1.05%	$277,300	0.65%	$1,024,700
Status
CURRENT	272	$20,694,473	0	$0	86	$11,239,269	90	$7,924,933	448	$39,858,675
30-59	0	$0	0	$0	0	$0	0	$0	0	$0
60-89	0	$0	0	$0	0	$0	0	$0	0	$0
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: May 2002

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, 2001-4
Fixed Rate Loans
	Retail		Correspondent		Broker		NLC		Total
Category	#	$	#	$	#	$	#	$	#	$
Original	1658	$134,443,244	0	$0	438	$56,544,013	254	$27,095,080	2350	$218,082,337
LTV/WAC	74.60%	9.43%	0.00%	0.00%	75.16%	8.98%	77.77%	8.98%	75.14%	9.25%
NON/2-4	6.22%	7.91%	0.00%	0.00%	5.41%	7.02%	4.95%	6.66%	5.85%	7.52%
Low/NIV	1.61%	9.96%	0.00%	0.00%	1.21%	21.96%	1.06%	13.27%	1.43%	13.48%
A/A-	885	$82,416,755	0	$0	300	$41,418,324	168	$17,625,560	1353	$141,460,639
B	440	$32,107,231	0	$0	96	$10,852,155	52	$5,737,720	588	$48,697,106
C	263	$16,646,585	0	$0	33	$3,247,934	15	$1,283,250	311	$21,177,769
C-	12	$823,404	0	$0	8	$986,400	18	$2,387,050	38	$4,196,854
D	58	$2,449,269	0	$0	1	$39,200	1	$61,500	60	$2,549,969
Remaining	1577	$126,485,972	0	$0	418	$53,513,554	248	$26,213,930	2,243	$206,213,456
LTV/WAC	74.82%	9.39%	0.00%	0.00%	75.58%	8.95%	78.10%	8.95%	75.43%	9.22%
A/A-	853	$78,298,459	0	$0	288	$39,321,017	165	$17,364,898	1306	$134,984,374
B	418	$30,212,355	0	$0	92	$10,376,107	51	$5,332,409	561	$45,920,871
C	246	$15,113,631	0	$0	29	$2,794,394	13	$1,081,183	288	$18,989,208
C-	12	$818,070	0	$0	8	$982,883	18	$2,374,605	38	$4,175,559
D	48	$2,043,457	0	$0	1	$39,152	1	$60,835	50	$2,143,444
Paid Off	5.19%	$6,975,230	0.00%	$0	4.89%	$2,766,700	2.69%	$729,400	4.80%	$10,471,330
Status
CURRENT	1508	$121,329,139	0	$0	407	$52,322,534	242	$25,602,226	2157	$199,253,900
30-59	37	$3,002,068	0	$0	5	$550,741	5	$522,227	47	$4,075,036
60-89	15	$1,053,134	0	$0	2	$185,748	0	$0	17	$1,238,883
90-119	9	$562,745	0	$0	2	$244,684	1	$89,478	12	$896,906
120-219	8	$538,885	0	$0	2	$209,847	0	$0	10	$748,732
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	17	$1,101,630	-	$0	4	$454,531	1	$89,478	22	$1,645,638
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	0.32%	1.31%	0.00%	0.00%	0.47%	2.58%	0.00%	1.68%	0.32%	1.64%
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	0.39%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.25%	0.00%
As of: May 2002

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, 2001-3
Fixed Rate Loans
	Retail		Correspondent		Broker		NLC		Total
Category	#	$	#	$	#	$	#	$	#	$
Original	1392	$111,319,831	2	$279,500	352	$39,301,566	235	$20,355,325	1981	$171,256,222
LTV/WAC	74.69%	10.03%	58.73%	8.55%	73.06%	9.57%	76.66%	9.81%	74.52%	9.89%
NON/2-4	7.06%	7.36%	0.00%	0.00%	5.72%	8.43%	5.28%	7.55%	6.53%	7.62%
Low/NIV	2.50%	13.39%	0.00%	0.00%	2.38%	27.08%	3.26%	15.31%	2.56%	16.74%
A/A-	606	$56,890,946	1	$223,500	224	$29,685,780	118	$10,478,280	949	$97,278,506
B	467	$35,923,250	1	$56,000	86	$7,065,657	79	$6,609,645	633	49654552
C	237	$13,861,960	0	$0	36	$2,310,129	22	$1,765,200	879	17937289
C-	44	$2,261,115	0	$0	3	$148,250	11	$1,111,500	583	3520865
D	38	$2,382,560	0	$0	3	$91,750	5	$390,700	263	$2,865,010
Remaining	1277	$99,485,329	1	$55,858	322	$35,096,162	219	$19,040,169	1819	$153,677,518
LTV/WAC	74.99%	10.03%	70.00%	12.75%	73.45%	9.53%	76.73%	9.78%	74.85%	9.89%
A/A-	559	$50,843,644	0	$0	207	$27,326,581	113	$9,997,200	879	$88,167,425
B	431	$32,552,922	1	$55,858	79	$5,748,745	72	$6,066,354	583	$44,423,878
C	214	$11,949,647	0	$0	30	$1,781,743	19	$1,522,881	263	$15,254,271
C-	39	$2,034,772	0	$0	3	$147,516	10	$1,064,089	52	$3,246,377
D	34	$2,104,345	0	$0	3	$91,578	5	$389,644	42	$2,585,567
Paid Off	9.84%	$10,954,000	79.96%	$223,500	10.05%	$3,947,850	5.62%	$1,144,040	9.50%	$16,269,390
Status
CURRENT	1158	$90,924,391	1	$55,858	290	$33,036,070	210	$18,027,446	1659	$142,043,765
30-59	30	$2,623,648	0	$0	13	$969,516	2	$229,379	45	$3,822,544
60-89	23	$1,315,670	0	$0	5	$316,254	1	$49,419	29	$1,681,343
90-119	11	$690,853	0	$0	2	$101,270	2	$176,530	15	$968,652
220-229	27	$1,720,484	0	$0	2	$96,521	2	$248,712	31	$2,065,716
180-269	21	$1,733,005	0	$0	8	$510,457	2	$308,684	31	$2,552,146
270-359	1	$23,800	0	$0	0	$0	0	$0	1	$23,800
360+	0	$0	0	$0	0	$0	0	$0	0	$0
REO	7	$497,718	0	$0	2	$66,074	0	$0	9	$563,792
90+REO	67	$4,665,859	-	$0	14	$774,321	6	$733,925	87	$6,174,106
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	2.32%	5.30%	0.00%	0.00%	1.63%	2.93%	2.40%	4.46%	2.12%	4.87%
C- , D, NON	10.07%	9.72%	0.00%	0.00%	0.00%	0.00%	21.03%	0.00%	13.20%	7.91%
2-4, LOW , NIV	4.05%	16.00%	0.00%	0.00%	6.05%	0.00%	28.21%	4.10%	7.60%	10.67%
As of: May 2002

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, 2001-2
Fixed Rate Loans
	Retail		Correspondent		Broker		NLC		Total
Category	#	$	#	$	#	$	#	$	#	$
Original	1248	$92,490,947	2	$203,050	284	$28,856,943	157	$14,005,470	1691	$135,556,410
LTV/WAC	74.64%	10.36%	73.89%	12.67%	71.61%	9.94%	78.28%	10.14%	74.37%	10.25%
NON/2-4	9.25%	8.00%	0.00%	0.00%	4.89%	8.75%	7.17%	4.47%	8.10%	7.79%
Low/NIV	8.14%	11.12%	0.00%	57.25%	2.02%	23.91%	3.48%	18.48%	6.34%	14.67%
A/A-	527	$44,979,707	0	$0	164	$19,459,651	79	$6,705,595	770	$71,144,953
B	418	$31,647,495	2	$203,050	83	$6,831,995	49	$4,705,550	552	$43,388,090
C	225	$11,828,180	0	$0	30	$2,223,272	20	$1,561,020	275	$15,612,472
C-	37	$2,071,760	0	$0	2	$89,450	5	$549,375	44	$2,710,585
D	41	$1,963,805	0	$0	5	$252,575	4	$483,930	50	$2,700,310
Remaining	1061	$75,306,972	0	$0	247	$25,677,195	141	$12,078,901	1449	$113,063,068
LTV/WAC	74.82%	10.34%	0.00%	0.00%	72.34%	9.87%	78.52%	10.14%	74.65%	10.21%
A/A-	455	$37,503,115	0	$0	146	$17,590,039	73	$6,109,445	674	$61,202,598
B	347	$24,847,330	0	$0	71	$5,905,847	45	$4,005,403	463	$34,758,579
C	198	$9,877,106	0	$0	25	$1,958,453	17	$1,285,027	240	$13,120,585
C-	26	$1,448,469	0	$0	2	$87,871	4	$470,043	32	$2,006,382
D	35	$1,630,952	0	$0	3	$134,986	2	$208,984	40	$1,974,922
Paid Off	17.74%	$16,404,583	100.00%	$203,050	10.19%	$2,939,881	12.44%	$1,742,670	15.71%	$21,290,184
Status
CURRENT	883	$64,938,212	0	$0	217	$23,160,877	133	$11,597,375	1233	$99,696,465
30-59	43	$2,417,462	0	$0	6	$308,715	3	$197,303	52	$2,923,480
60-89	24	$1,350,379	0	$0	2	$97,914	2	$87,867	28	$1,536,159
90-119	14	$852,733	0	$0	2	$183,445	1	$39,853	17	$1,076,031
170-179	18	$1,406,845	0	$0	5	$969,695	0	$0	23	$2,376,540
180-269	36	$2,084,303	0	$0	10	$705,221	2	$156,503	48	$2,946,027
270-359	43	$2,118,550	0	$0	4	$200,463	0	$0	47	$2,319,013
360+	1	$114,400	0	$0	1	$47,760	0	$0	2	$162,160
REO	4	$182,199	0	$0	1	$29,942	0	$0	5	$212,141
90+REO	116	$6,759,030	-	$0	23	$2,136,525	3	$196,356	142	$9,091,911
Loss To Date
% to Original	0.10%	$91,868	0.00%	$0	0.00%	$0	0.01%	$1,359	0.07%	$93,227
Severity	69.30%		0.00%		0.00%		1.05%		35.52%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	0.07%	$30,171	0.00%	$0	0.00%	$0	0.00%	$0	0.04%	$30,171
B	0.12%	$36,499	0.00%	$0	0.00%	$0	0.03%	$1,359	0.09%	$37,858
C	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
C-	1.22%	$25,198	0.00%	$0	0.00%	$0	0.00%	$0	0.93%	$25,198
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%	$25,198	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$25,198
2-4 Unit	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.49%	$51,814
NIV	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$91,868
Non-Owner	1.07%	$91,868	0.00%	$0	0.00%	$0	0.00%	$0	0.84%	$91,868
90+ & REO
A/A-, B , C	4.51%	8.71%	0.00%	0.00%	8.27%	8.77%	0.37%	0.99%	5.18%	7.83%
C- , D, NON	30.63%	28.40%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	22.23%	23.45%
2-4, LOW , NIV	9.35%	7.62%	0.00%	0.00%	19.92%	0.00%	0.00%	5.44%	11.14%	6.79%
As of: May 2002

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, 2001-1
Fixed Rate Loans
	Retail		Correspondent		Broker		NLC		Total
Category	#	$	#	$	#	$	#	$	#	$
Original	1489	$103,942,224	5	$622,719	263	$20,388,790	143	$12,506,050	1900	$137,459,783
LTV/WAC	73.48%	10.70%	72.14%	11.09%	72.26%	11.23%	77.81%	11.07%	73.69%	10.81%
NON/2-4	6.62%	5.66%	8.86%	0.00%	9.62%	16.13%	16.03%	4.87%	7.93%	7.12%
Low/NIV	9.59%	5.08%	0.00%	100.00%	0.77%	27.44%	2.85%	15.93%	7.62%	9.82%
A/A-	538	$44,930,739	5	$622,719	150	$12,696,659	64	$5,938,200	757	$64,188,317
B	518	$36,051,872	0	$0	72	$5,306,830	38	$3,439,500	628	$44,798,202
C	303	$16,596,015	0	$0	32	$1,938,751	29	$2,154,225	364	$20,688,991
C-	72	$3,436,288	0	$0	5	$251,450	10	$856,125	87	$4,543,863
D	58	$2,927,310	0	$0	4	$195,100	2	$118,000	64	$3,240,410
Remaining	1146	$77,680,842	2	$176,816	207	$15,106,888	108	$8,858,782	1463	$101,823,329
LTV/WAC	74.23%	10.70%	72.76%	11.84%	73.39%	11.29%	77.81%	10.98%	74.42%	10.81%
A/A-	410	$32,852,839	2	$176,816	118	$9,267,474	48	$4,148,964	578	$46,446,094
B	393	$27,236,338	0	$0	57	$4,033,311	31	$2,603,141	481	$33,872,790
C	244	$12,970,727	0	$0	25	$1,472,007	25	$1,729,123	294	$16,171,857
C-	55	$2,473,068	0	$0	4	$196,877	4	$377,554	63	$3,047,499
D	44	$2,147,870	0	$0	3	$137,218	0	$0	47	$2,285,088
Paid Off	24.20%	$25,156,789	71.46%	$445,019	25.12%	$5,120,859	28.40%	$3,551,500	24.93%	$34,274,167
Status
CURRENT	932	$62,958,252	2	$176,816	173	$12,784,349	93	$7,326,562	1200	$83,245,981
30-59	38	$3,218,706	0	$0	7	$529,463	3	$143,108	48	$3,891,277
60-89	20	$1,384,113	0	$0	4	$410,228	2	$282,685	26	$2,077,027
90-119	12	$778,145	0	$0	3	$194,404	0	$0	15	$972,549
120-179	37	$3,181,973	0	$0	3	$271,817	2	$206,291	42	$3,660,081
180-269	38	$2,308,161	0	$0	5	$285,536	4	$375,448	47	$2,969,145
270-359	28	$1,537,968	0	$0	6	$339,736	4	$524,688	38	$2,402,393
360+	28	$1,608,913	0	$0	2	$70,464	0	$0	30	$1,679,378
REO	14	$731,910	0	$0	4	$220,889	0	$0	18	$952,800
90+REO	157	$10,147,070	-	$0	23	$1,382,847	10	$1,106,427	190	$12,636,344
Loss To Date
% to Original	0.20%	$204,440	0.00%	$0	0.51%	$103,237	0.08%	$10,510	0.23%	$318,188
Severity	86.08%		0.00%		71.01%		4.52%		51.72%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	0.06%	$25,070	0.00%	$0	0.53%	$67,014	0.00%	$0	0.14%	$92,084
B	0.38%	$136,348	0.00%	$0	0.68%	$36,223	0.31%	$10,510	0.41%	$183,081
C	0.26%	$43,022	0.00%	$0	0.00%	$0	0.00%	$0	0.21%	$43,022
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	0.88%	$51,814	0.00%	$0	0.00%	$0	0.00%	$0	0.53%	$51,814
NIV	0.74%	$38,937	0.00%	$0	0.00%	$0	0.00%	$0	0.29%	$38,937
Non-Owner	0.36%	$25,070	0.00%	$0	0.00%	$0	0.00%	$0	0.23%	$25,070
90+ & REO
A/A-, B , C	7.79%	9.91%	0.00%	0.00%	6.08%	14.71%	5.32%	16.64%	7.20%	11.00%
C- , D, NON	22.17%	0.00%	0.00%	0.00%	51.64%	0.00%	89.20%	0.00%	32.38%	0.00%
2-4, LOW , NIV	19.24%	12.52%	0.00%	0.00%	6.85%	0.00%	10.31%	27.55%	14.41%	12.98%
As of: May 2002

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, 2000-2
Fixed Rate Loans
	Retail		Correspondent		Broker		NLC		Total
Category	#	$	#	$	#	$	#	$	#	$
Original	1414	$104,047,486	10	$688,555	404	$30,341,148	156	$12,412,387	1984	$147,489,576
LTV/WAC	72.82%	10.84%	70.70%	11.51%	73.36%	11.27%	74.86%	10.51%	73.09%	10.91%
NON/2-4	6.91%	5.11%	0.00%	0.00%	10.74%	7.39%	3.74%	6.15%	7.40%	5.64%
Low/NIV	12.04%	4.86%	0.00%	14.35%	1.69%	22.78%	8.37%	11.13%	9.54%	9.12%
A/A-	505	$44,307,026	5	$399,800	233	$19,270,251	81	$7,162,457	824	$71,139,534
B	512	$36,184,380	1	$84,000	95	$6,413,695	46	$3,428,300	654	$46,110,375
C	288	$16,959,560	1	$52,000	56	$3,188,257	21	$1,431,800	366	$21,631,617
C-	59	$3,887,140	1	$38,500	14	$1,253,070	8	$389,830	82	$5,568,540
D	50	$2,709,380	2	$114,255	6	$215,875	0	$0	58	$3,039,510
Remaining	980	$66,431,232	10	$678,297	285	$20,409,805	115	$9,335,558	1390	$96,854,892
LTV/WAC	73.38%	10.88%	70.64%	11.52%	74.21%	11.27%	74.87%	10.47%	73.68%	10.93%
A/A-	339	$26,805,519	5	$391,302	161	$12,905,759	60	$5,418,760	565	$45,521,340
B	363	$24,067,361	1	$83,167	70	$4,556,166	37	$2,871,752	471	$31,578,447
C	204	$11,302,539	1	$51,627	39	$2,026,714	13	$828,745	257	$14,209,625
C-	40	$2,507,682	1	$38,473	10	$743,829	5	$216,301	56	$3,506,285
D	34	$1,748,131	2	$113,728	5	$177,337	0	$0	41	$2,039,195
Paid Off	35.08%	$36,498,120	0.00%	$0	31.86%	$9,667,306	23.77%	$2,950,500	33.30%	$49,115,926
Status
CURRENT	765	$52,396,150	7	$526,096	233	$17,285,783	99	$8,025,162	1104	$78,233,191
30-59	43	$3,163,839	1	$31,740	14	$886,994	4	$516,098	62	$4,598,670
60-89	16	$761,213	1	$81,988	4	$275,505	1	$89,345	22	$1,208,052
90-119	17	$1,405,561	0	$0	3	$181,067	1	$107,292	21	$1,693,920
120-179	19	$1,106,285	0	$0	4	$209,125	2	$176,291	25	$1,491,701
180-269	33	$2,042,955	0	$0	4	$380,322	1	$75,562	38	$2,498,839
270-359	34	$2,176,807	0	$0	6	$332,029	4	$179,176	44	$2,688,013
360+	40	$2,538,483	1	$38,473	8	$311,538	2	$62,703	51	$2,951,198
REO	14	$891,846	0	$0	10	$574,197	2	$133,886	26	$1,599,930
90+REO	157	$10,161,937	1	$38,473	35	$1,988,279	12	$734,911	205	$12,923,601
Loss To Date
% to Original	0.35%	$367,601	0.00%	$0	0.20%	$61,061	0.00%	$0	0.29%	$428,663
Severity	36.44%		0.00%		54.00%		0.00%		38.21%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	0.32%	$143,955	0.00%	$0	0.18%	$35,262	0.00%	$0	0.25%	$179,218
B	0.23%	$82,693	0.00%	$0	0.00%	$0	0.00%	$0	0.18%	$82,693
C	0.47%	$80,215	0.00%	$0	0.47%	$14,985	0.00%	$0	0.44%	$95,201
C-	0.35%	$13,541	0.00%	$0	0.00%	$0	0.00%	$0	0.24%	$13,541
D	1.74%	$47,197	0.00%	$0	5.01%	$10,814	0.00%	$0	1.91%	$58,011
Loss by Characteristic	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
Low Doc	0.39%	$48,348	0.00%	$0	0.00%	$0	0.00%	$0	0.34%	$48,348
2-4 Unit	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
NIV	1.74%	$88,011	0.00%	$0	0.22%	$14,985	0.00%	$0	0.77%	$102,996
Non-Owner	1.42%	$102,126	0.00%	$0	0.33%	$10,814	0.00%	$0	1.03%	$112,940
90+ & REO
A/A-, B , C	7.51%	15.51%	0.00%	0.00%	5.89%	18.58%	5.20%	4.92%	6.71%	14.95%
C- , D, NON	37.35%	41.77%	100.00%	0.00%	16.72%	38.09%	54.76%	0.00%	34.77%	39.12%
2-4, LOW , NIV	24.12%	11.50%	0.00%	0.00%	10.87%	0.00%	15.50%	14.53%	20.10%	11.17%
As of: May 2002

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, 2000-1
Fixed Rate Loans
	Retail		Correspondent		Broker		NLC		Total
Category	#	$	#	$	#	$	#	$	#	$
Original	2038	$142,587,670	13	$1,257,475	753	$53,086,385	161	$12,526,850	2965	$209,458,380
LTV/WAC	71.92%	10.89%	78.27%	10.55%	73.51%	11.23%	69.73%	9.99%	72.23%	10.92%
NON/2-4	7.25%	7.01%	0.00%	0.00%	7.84%	5.79%	6.64%	6.52%	7.32%	6.63%
Low/NIV	13.59%	3.39%	0.00%	0.00%	2.04%	24.11%	10.41%	11.51%	10.39%	9.11%
A/A-	675	$56,245,741	7	$618,035	393	$32,042,393	95	$7,727,950	1170	$96,634,119
B	724	$50,737,436	4	$541,440	189	$12,363,874	44	$3,231,250	961	$66,874,000
C	453	$26,494,423	1	$30,000	126	$6,477,900	17	$1,253,150	597	$34,255,473
C-	108	$4,933,450	0	$0	28	$1,415,460	5	$314,500	141	$6,663,410
D	78	$4,176,620	1	$68,000	17	$786,758	0	$0	96	$5,031,378
Remaining	1305	$83,615,874	11	$889,513	528	$34,889,111	105	$7,765,544	1949	$127,160,041
LTV/WAC	72.87%	10.92%	76.59%	10.49%	74.48%	11.31%	71.21%	9.65%	73.23%	10.94%
A/A-	423	$31,965,515	7	$601,890	282	$21,143,044	66	$5,279,071	778	$58,989,519
B	479	$30,660,503	3	$257,984	125	$7,771,809	29	$1,892,787	636	$40,583,084
C	288	$15,984,535	1	$29,639	87	$4,322,809	10	$593,685	386	$20,930,669
C-	69	$2,649,481	0	$0	20	$984,296	0	$0	89	$3,633,777
D	46	$2,355,839	0	$0	14	$667,152	0	$0	60	$3,022,991
Paid Off	39.89%	$56,884,647	27.59%	$347,000	33.07%	$17,557,259	36.35%	$4,553,350	37.88%	$79,342,256
Status
CURRENT	1037	$66,336,167	8	$597,879	414	$27,914,589	90	$6,835,131	1549	$101,683,767
30-59	62	$3,757,410	0	$0	19	$1,449,859	2	$113,778	83	$5,321,047
60-89	22	$1,599,676	0	$0	5	$522,082	1	$102,796	28	$2,224,554
90-119	14	$893,796	0	$0	5	$221,371	3	$235,396	22	$1,350,564
120-179	27	$1,619,120	0	$0	12	$660,821	2	$61,366	41	$2,341,307
180-269	30	$2,159,600	1	$77,633	19	$1,225,156	2	$153,365	52	$3,615,753
270-359	28	$2,032,601	0	$0	11	$644,418	1	$40,578	40	$2,717,597
360+	48	$2,747,287	0	$0	24	$1,077,776	2	$115,919	74	$3,940,982
REO	40	$2,573,300	2	$214,001	20	$1,204,514	2	$107,215	64	$4,099,030
90+REO	187	$12,025,704	3	$291,634	91	$5,034,055	12	$713,838	293	$18,065,232
Loss To Date
% to Original	0.51%	$729,045	0.00%	$0	0.92%	$487,655	2.00%	$250,230	0.70%	$1,466,929
Severity	55.13%		0.00%		57.41%		64.82%		57.35%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	0.61%	$345,738	0.00%	$0	0.29%	$94,305	0.00%	$0	0.46%	$440,043
B	0.65%	$330,366	0.00%	$0	1.56%	$192,985	0.00%	$0	0.78%	$523,351
C	0.16%	$41,933	0.00%	$0	2.18%	$141,118	10.48%	$131,387	0.53%	$183,050
C-	0.00%	$0	0.00%	$0	4.19%	$59,247	37.79%	$118,843	0.89%	$59,247
D	0.26%	$11,008	0.00%	$0	0.00%	$0	0.00%	$0	0.22%	$11,008
Loss by Characteristic	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
Low Doc	0.19%	$36,535	0.00%	$0	1.64%	$17,739	0.00%	$0	0.25%	$54,274
2-4 Unit	0.60%	$59,586	0.00%	$0	0.00%	$0	0.00%	$0	0.43%	$59,586
NIV	2.02%	$97,616	0.00%	$0	0.70%	$89,989	6.48%	$93,447	1.47%	$281,052
Non-Owner	2.68%	$276,955	0.00%	$0	0.58%	$24,239	0.00%	$0	1.97%	$301,194
90+ & REO
A/A-, B , C	5.62%	14.74%	35.55%	30.09%	10.21%	18.45%	8.47%	9.53%	7.82%	15.31%
C- , D, NON	22.18%	24.15%	0.00%	0.00%	22.26%	48.70%	0.00%	0.00%	22.21%	29.57%
2-4, LOW , NIV	22.11%	17.48%	0.00%	0.00%	16.92%	19.07%	0.00%	0.00%	18.74%	16.75%
As of: May 2002

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1999-2
Fixed Rate Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original	1811	$116,997,108	60	$5,234,114	1516	$109,332,528	3387	$231,563,750
LTV/WAC	72.96%	9.93%	80.02%	10.29%	76.36%	10.45%	74.72%	10.18%
NON/2-4	6.27%	6.51%	1.26%	9.03%	8.48%	10.06%	7.20%	8.24%
Low/NIV	8.30%	11.95%	0.62%	14.93%	2.41%	28.40%	5.35%	19.78%
A/A-	984	$70,497,890	37	$3,168,293	789	$68,103,491	1810	$141,769,674
B	490	$30,793,507	17	$1,633,601	449	$27,825,744	956	$60,252,852
C	176	$8,638,866	3	$152,740	177	$8,904,623	356	$17,696,229
C-	48	$2,424,267	0	$0	21	$1,078,400	69	$3,502,667
D	106	$4,294,400	3	$279,480	79	$3,371,520	188	$7,945,400
Unknown	2	$166,000	0	$0	0	$0	2	$166,000
Remaining	959	$58,406,076	35	$2,960,117	899	$63,885,927	1893	$125,252,120
LTV/WAC	74.26%	9.71%	82.35%	10.17%	77.12%	10.27%	75.91%	10.01%
A/A-	531	$35,431,129	24	$2,052,136	520	$42,520,506	1075	$80,003,772
B	262	$15,649,049	9	$830,597	240	$14,811,097	511	$31,290,743
C	83	$3,651,468	2	$77,384	95	$4,549,815	180	$8,278,666
C-	24	$900,609	0	$0	11	$510,309	35	$1,410,918
D	41	$1,374,967	0	$0	32	$1,446,048	73	$2,821,014
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	47.75%	$55,868,490	41.48%	$2,171,008	40.03%	$43,769,599	43.97%	$101,809,097
Status
CURRENT	867	$52,422,034	32	$2,702,607	776	$56,359,637	1675	$111,484,278
30-59	13	$755,445	1	$110,381	16	$973,193	30	$1,839,019
60-89	16	$923,453	0	$0	13	$765,674	29	$1,689,127
90-119	1	$19,980	0	$0	8	$541,076	9	$561,056
120-179	14	$1,047,920	0	$0	12	$549,198	26	$1,597,118
180-269	8	$636,946	2	$147,129	17	$1,161,348	27	$1,945,423
270-359	8	$641,138	0	$0	11	$680,499	19	$1,321,637
360+	18	$1,094,576	0	$0	27	$1,444,004	45	$2,538,580
REO	14	$864,584	0	$0	19	$1,411,297	33	$2,275,881
90+REO	63	$4,305,144	2	$147,129	94	$5,787,422	159	$10,239,695
Loss To Date
% to Original	2.11%	$2,474,254	0.07%	$3,542	4.36%	$4,771,777	3.13%	$7,249,573
Severity	43.16%		3.66%		55.21%		50.10%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	1.24%	$877,251	0.45%	$14,257	2.19%	$1,494,505	1.68%	$2,386,013
B	3.03%	$933,403	0.00%	$0	7.30%	$2,031,125	4.92%	$2,964,528
C	3.49%	$301,310	0.00%	$0	8.00%	$712,796	5.73%	$1,014,106
C-	5.44%	$131,843	0.00%	$0	10.07%	$108,579	6.86%	$240,422
D	5.01%	$215,269	-3.83%	($10,716)	12.60%	$424,772	7.92%	$629,325
Unknown	9.14%	$15,178	0.00%	$0	0.00%	$0	9.14%	$15,178
Loss by Characteristic	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
Low Doc	4.98%	$483,275	0.00%	$0	9.77%	$257,948	5.99%	$741,223
2-4 Unit	3.56%	$271,156	0.00%	$0	4.66%	$512,114	4.10%	$783,270
NIV	2.34%	$326,350	1.82%	$14,257	5.15%	$1,600,135	4.24%	$1,940,742
Non-Owner	2.58%	$189,157	0.00%	$0	11.74%	$1,088,383	7.67%	$1,277,540
90+ & REO as % Rem
A/A- , B, C	5.40%	10.40%	7.20%	0.00%	6.30%	13.10%	5.90%	11.40%
C- , D, NON	11.50%	28.90%	0.00%	0.00%	19.70%	28.40%	14.50%	28.60%
2-4, LOW, NIV	10.40%	2.80%	22.90%	0.00%	13.20%	3.50%	12.30%	3.00%
As of: May 2002

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1999-1
Fixed Rate Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	1499	$85,404,511	18	$1,420,265	1465	$109,139,273	2982	$195,964,049
LTV/WAC	71.37%	9.77%	81.07%	10.59%	74.83%	10.00%	73.37%	9.90%
NON/2-4	4.81%	4.35%	1.97%	0.00%	7.38%	6.00%	1.03%	0.92%
Low/NIV	7.73%	16.67%	2.25%	19.08%	5.11%	27.92%	2.32%	2.87%
A/A-	831	$56,946,292	5	$686,250	765	$68,327,351	1601	$125,959,893
B	303	$14,354,928	7	$511,135	379	$26,116,580	689	$40,982,643
C	149	$6,139,900	3	$114,400	133	$6,070,379	285	$12,324,679
C-	58	$2,290,691	1	$40,500	30	$1,885,056	89	$4,216,247
D	157	$5,633,700	2	$67,980	158	$6,739,907	317	$12,441,587
Unknown	1	$39,000	0	$0	0	$0	1	$39,000
Remaining Pool	788	$45,343,353	10	$655,888	781	$58,705,751	1579	$104,704,992
LTV/WAC	72.60%	9.47%	80.91%	11.01%	75.18%	9.72%	74.10%	9.62%
A/A-	473	$32,835,873	1	$93,264	458	$40,658,362	932	$73,587,500
B	158	$7,144,956	7	$495,382	200	$12,459,551	365	$20,099,889
C	62	$2,014,315	0	$0	50	$2,399,617	112	$4,413,933
C-	35	$1,186,746	0	$0	11	$726,899	46	$1,913,645
D	56	$1,798,925	2	$67,241	62	$2,461,322	120	$4,327,488
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	43.53%	$37,175,735	52.51%	$745,750	44.31%	$48,359,808	44.03%	$86,281,293
Delinquency Status
CURRENT	717	$41,360,753	8	$561,579	697	$53,165,091	1422	$95,087,423
30-59	10	$434,120	0	$0	9	$765,935	19	$1,200,055
60-89	10	$569,524	0	$0	6	$534,467	16	$1,103,991
90-119	6	$421,808	0	$0	7	$362,205	13	$784,013
120-179	8	$363,666	0	$0	11	$682,685	19	$1,046,351
180-269	8	$389,159	0	$0	13	$895,794	21	$1,284,953
270-359	10	$857,708	1	$58,506	10	$672,493	21	$1,588,707
360+	13	$715,887	0	$0	12	$728,551	25	$1,444,438
REO	6	$230,729	1	$35,804	16	$898,530	23	$1,165,063
90+REO	51	$2,978,957	2	$94,310	69	$4,240,258	122	$7,313,525
Loss To Date
% to Original Pool Balance	1.73%	$1,475,045	4.12%	$58,550	3.56%	$3,879,902	2.76%	$5,413,497
Severity	47.72%		32.53%		47.15%		47.07%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.48%	$275,587	8.53%	$58,550	1.66%	$1,133,993	1.17%	$1,468,130
B	2.42%	$347,861	0.00%	$0	3.59%	$936,955	3.14%	$1,284,816
C	6.92%	$424,958	0.00%	$0	12.53%	$760,396	9.62%	$1,185,354
C-	2.14%	$49,107	0.00%	$0	13.98%	$263,542	7.42%	$312,649
D	6.70%	$377,531	0.00%	$0	11.65%	$785,017	9.34%	$1,162,548
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	3.30%	$217,700	0.00%	$0	4.01%	$223,428	3.61%	$441,128
2-4 Unit	1.32%	$48,993	0.00%	$0	4.99%	$326,639	3.66%	$375,632
NIV	2.75%	$391,284	21.61%	$58,550	5.05%	$1,539,774	4.42%	$1,989,608
Non-Owner	6.54%	$268,541	0.00%	$0	8.07%	$649,788	7.53%	$918,329
90+ & REO as % Rem
A/A- , B, C	5.20%	6.80%	0.00%	11.80%	3.70%	13.90%	4.30%	11.30%
C- , D, NON	4.80%	20.10%	0.00%	53.20%	6.20%	22.90%	5.30%	22.20%
2-4, LOW, NIV	1.00%	14.70%	0.00%	0.00%	7.10%	7.90%	5.00%	11.50%
As of: May 2002

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1998-C
Fixed Rate Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	3408	$195,607,000	585	$54,190,090	1855	$139,333,051	5848	$389,130,141
LTV/WAC	71.59%	9.99%	79.53%	10.20%	73.49%	9.96%	73.38%	10.01%
NON/2-4	3.95%	4.30%	0.32%	7.38%	6.82%	6.05%	0.52%	0.46%
Low/NIV	16.18%	9.48%	1.12%	18.11%	1.89%	31.25%	1.17%	1.44%
A/A-	2090	$138,443,300	350	$38,146,183	991	$89,175,620	3431	$265,765,103
B	749	$36,922,900	115	$9,019,685	522	$34,002,128	1386	$79,944,713
C	280	$10,107,200	50	$2,681,835	167	$7,890,191	497	$20,679,226
C-	115	$4,347,800	8	$525,000	35	$1,329,830	158	$6,202,630
D	171	$5,664,900	62	$3,817,387	140	$6,935,282	373	$16,417,569
Unknown	3	$120,900	0	$0	0	$0	3	$120,900
Remaining Pool	1382	$70,271,402	227	$19,810,286	878	$65,247,332	2487	$155,329,020
LTV/WAC	72.76%	9.76%	80.49%	10.02%	73.81%	9.58%	74.19%	9.72%
A/A-	879	$51,036,444	149	$14,580,836	544	$46,605,544	1572	$112,222,825
B	306	$13,412,501	44	$3,010,017	232	$14,219,915	582	$30,642,433
C	108	$3,279,224	13	$599,059	51	$2,314,977	172	$6,193,259
C-	42	$1,292,943	2	$215,281	16	$553,339	60	$2,061,562
D	47	$1,250,291	19	$1,405,093	35	$1,553,557	101	$4,208,941
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	60.61%	$118,560,700	61.92%	$33,553,173	50.96%	$71,002,279	57.34%	$223,116,152
Delinquency Status
CURRENT	1270	$64,874,034	195	$17,308,448	785	$59,118,059	2250	$141,300,541
30-59	33	$1,806,122	4	$333,583	13	$751,522	50	$2,891,227
60-89	10	$361,264	3	$311,986	7	$375,978	20	$1,049,228
90-119	8	$332,471	2	$281,635	7	$429,641	17	$1,043,747
120-179	6	$185,501	2	$122,793	12	$833,340	20	$1,141,634
180-269	15	$632,305	6	$475,208	11	$628,227	32	$1,735,740
270-359	13	$811,768	4	$177,821	8	$557,830	25	$1,547,419
360+	14	$642,494	7	$603,330	17	$1,306,978	38	$2,552,802
REO	13	$625,443	4	$195,482	18	$1,245,756	35	$2,066,681
90+REO	69	$3,229,982	25	$1,856,269	73	$5,001,772	167	$10,088,023
Loss To Date
% to Original Pool Balance	2.01%	$3,930,640	4.74%	$2,569,558	5.10%	$7,103,106	3.50%	$13,603,304
Severity	48.24%		47.71%		55.40%		51.61%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	1.33%	$1,845,700	3.56%	$1,358,867	2.40%	$2,136,312	2.01%	$5,340,879
B	2.92%	$1,077,832	6.13%	$552,629	8.58%	$2,916,786	5.69%	$4,547,247
C	3.08%	$310,815	9.97%	$267,332	13.77%	$1,086,748	8.05%	$1,664,895
C-	3.54%	$154,035	10.92%	$57,310	9.70%	$128,983	5.49%	$340,328
D	9.57%	$542,258	8.73%	$333,420	12.03%	$834,277	10.42%	$1,709,955
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	3.78%	$1,195,181	0.00%	$0	13.03%	$343,875	4.41%	$1,539,056
2-4 Unit	1.39%	$116,703	21.85%	$874,244	10.29%	$867,968	8.92%	$1,858,915
NIV	2.28%	$423,285	2.94%	$288,278	4.91%	$2,139,121	3.96%	$2,850,684
Non-Owner	3.47%	$268,197	78.39%	$134,823	8.75%	$832,158	7.09%	$1,235,178
90+ & REO as % Rem
A/A- , B, C	2.50%	9.10%	5.30%	8.40%	5.00%	10.30%	3.90%	9.60%
C- , D, NON	8.70%	9.20%	100.00%	39.90%	19.40%	22.40%	21.10%	24.30%
2-4, LOW, NIV	3.60%	6.00%	0.00%	35.50%	10.80%	7.90%	6.20%	6.50%
As of: May 2002

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1998-B
Fixed Rate Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	2158	$113,713,440	567	$54,884,117	1127	$81,587,317	3852	$250,184,874
LTV/WAC	69.66%	10.58%	79.78%	10.10%	74.26%	10.11%	73.38%	10.32%
NON/2-4	5.12%	3.98%	0.90%	8.52%	9.29%	8.13%	0.81%	0.72%
Low/NIV	20.71%	13.00%	3.96%	19.03%	1.57%	37.89%	1.82%	2.25%
A/A-	1084	$69,293,400	364	$40,140,965	588	$48,457,485	2036	$157,891,850
B	559	$25,805,400	107	$8,874,422	369	$25,311,307	1035	$59,991,129
C	239	$9,140,300	41	$2,451,600	95	$4,464,750	375	$16,056,650
C-	134	$4,900,140	5	$256,850	13	$624,050	152	$5,781,040
D	142	$4,574,200	50	$3,160,280	62	$2,729,725	254	$10,464,205
Unknown	0	$0	0	$0	0	$0	0	$0
Remaining Pool	762	$37,205,884	224	$18,956,192	447	$31,365,637	1433	$87,527,712
LTV/WAC	71.48%	10.28%	81.46%	9.77%	74.63%	9.74%	74.77%	9.98%
A/A-	401	$24,898,258	158	$14,589,959	275	$21,719,705	834	$61,207,922
B	204	$8,147,028	41	$3,145,123	129	$8,183,975	374	$19,476,127
C	72	$2,092,022	12	$544,043	26	$864,947	110	$3,501,012
C-	46	$1,123,415	0	$0	5	$177,652	51	$1,301,067
D	39	$945,160	13	$677,067	12	$419,358	64	$2,041,585
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	63.89%	$72,654,640	63.96%	$35,103,232	59.43%	$48,489,501	62.45%	$156,247,373
Delinquency Status
CURRENT	702	$34,073,613	195	$16,701,915	401	$28,191,918	1298	$78,967,446
30-59	12	$419,506	1	$50,731	3	$122,829	16	$593,066
60-89	9	$549,235	3	$186,090	7	$532,832	19	$1,268,157
90-119	1	$15,878	1	$66,443	3	$321,636	5	$403,957
120-179	12	$544,333	6	$717,139	5	$339,900	23	$1,601,372
180-269	5	$248,523	3	$159,044	9	$417,790	17	$825,357
270-359	8	$678,596	5	$436,687	3	$282,681	16	$1,397,964
360+	8	$376,518	6	$409,388	8	$548,466	22	$1,334,372
REO	5	$299,683	4	$228,754	8	$607,585	17	$1,136,022
90+REO	39	$2,163,531	25	$2,017,455	36	$2,518,058	100	$6,699,044
Loss To Date
% to Original Pool Balance	2.85%	$3,245,935	4.55%	$2,495,468	5.36%	$4,369,984	4.04%	$10,111,387
Severity	56.23%		52.65%		48.34%		51.71%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	1.54%	$1,070,497	4.03%	$1,617,269	3.96%	$1,920,685	2.92%	$4,608,451
B	4.71%	$1,214,904	3.58%	$317,549	4.86%	$1,231,298	4.61%	$2,763,751
C	5.79%	$529,089	9.49%	$232,731	12.08%	$539,372	8.10%	$1,301,192
C-	2.71%	$132,728	15.20%	$39,053	6.34%	$39,564	3.66%	$211,345
D	6.53%	$298,717	9.14%	$288,867	23.41%	$639,065	11.72%	$1,226,649
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	3.47%	$816,734	5.24%	$113,982	4.03%	$51,655	3.64%	$982,371
2-4 Unit	5.97%	$270,047	10.56%	$494,052	6.71%	$445,142	7.64%	$1,209,241
NIV	2.27%	$335,913	5.53%	$577,059	5.14%	$1,589,567	4.46%	$2,502,539
Non-Owner	4.43%	$257,787	15.81%	$77,838	8.55%	$648,334	7.08%	$983,959
90+ & REO as % Rem
A/A- , B, C	2.90%	11.20%	8.00%	14.30%	4.30%	15.10%	4.60%	13.40%
C- , D, NON	11.70%	12.90%	0.00%	44.10%	16.00%	33.70%	12.20%	27.50%
2-4, LOW, NIV	2.00%	7.90%	41.40%	20.60%	8.00%	11.10%	11.80%	8.80%
As of: May 2002

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1998-A
Fixed Rate Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	1718	$78,921,789	486	$40,773,151	461	$31,396,056	2665	$151,090,996
LTV/WAC	67.97%	10.67%	76.94%	10.46%	73.34%	10.23%	71.51%	10.52%
NON/2-4	6.63%	3.01%	1.82%	8.21%	10.21%	6.36%	1.33%	1.19%
Low/NIV	28.09%	15.18%	4.05%	28.22%	1.68%	40.20%	3.01%	3.72%
A/A-	875	$51,560,400	265	$27,274,677	251	$20,298,186	1391	$99,133,263
B	363	$13,106,500	105	$7,438,645	130	$7,746,352	598	$28,291,497
C	173	$5,471,700	63	$3,554,603	39	$1,751,635	275	$10,777,938
C-	185	$5,235,889	10	$402,726	8	$408,028	203	$6,046,643
D	122	$3,547,300	43	$2,102,500	33	$1,191,855	198	$6,841,655
Unknown	0	$0	0	$0	0	$0	0	$0
Remaining Pool	509	$21,247,197	163	$12,696,063	198	$13,049,611	870	$46,992,872
LTV/WAC	71.08%	10.53%	78.14%	10.29%	72.96%	9.93%	73.51%	10.30%
A/A-	284	$14,772,438	102	$9,079,955	123	$9,201,659	509	$33,054,051
B	107	$3,881,642	31	$2,048,181	52	$3,012,577	190	$8,942,401
C	39	$1,000,669	18	$953,861	12	$485,369	69	$2,439,899
C-	50	$893,800	0	$0	2	$60,590	52	$954,390
D	29	$698,649	12	$614,066	9	$289,416	50	$1,602,131
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	69.35%	$54,730,639	67.47%	$27,511,169	56.20%	$17,645,736	66.11%	$99,887,544
Delinquency Status
CURRENT	469	$19,168,368	137	$10,567,688	176	$11,857,423	782	$41,593,479
30-59	8	$154,410	5	$464,407	3	$187,590	16	$806,407
60-89	4	$147,253	2	$225,736	2	$176,519	8	$549,508
90-119	1	$17,584	2	$122,240	1	$68,434	4	$208,258
120-179	6	$404,823	2	$126,772	1	$95,438	9	$627,033
180-269	6	$314,153	2	$156,737	1	$9,834	9	$480,724
270-359	5	$276,881	0	$0	4	$147,377	9	$424,258
360+	5	$428,188	8	$703,299	9	$455,174	22	$1,586,661
REO	5	$335,537	5	$329,183	1	$51,822	11	$716,542
90+REO	28	$1,777,166	19	$1,438,231	17	$828,079	64	$4,043,476
Loss To Date
% to Original Pool Balance	2.97%	$2,347,793	8.02%	$3,267,981	6.20%	$1,946,104	5.00%	$7,561,878
Severity	68.38%		52.39%		54.07%		56.98%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	1.89%	$976,674	5.88%	$1,604,049	3.45%	$701,286	3.31%	$3,282,009
B	5.72%	$750,091	12.61%	$937,683	7.50%	$581,129	8.02%	$2,268,903
C	5.17%	$282,614	10.24%	$363,951	13.87%	$243,036	8.25%	$889,601
C-	1.42%	$74,328	7.19%	$28,939	26.28%	$107,210	3.48%	$210,477
D	7.44%	$264,087	15.86%	$333,360	26.30%	$313,444	13.31%	$910,891
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	2.66%	$589,594	5.68%	$93,616	6.90%	$36,376	2.96%	$719,586
2-4 Unit	6.24%	$148,066	28.56%	$955,748	1.69%	$33,740	14.74%	$1,137,554
NIV	4.67%	$559,677	10.63%	$1,222,934	6.02%	$759,576	7.04%	$2,542,187
Non-Owner	8.83%	$461,688	71.28%	$529,085	8.11%	$259,939	13.63%	$1,250,712
90+ & REO as % Rem
A/A- , B, C	6.30%	13.00%	10.00%	9.60%	2.70%	13.20%	6.30%	12.30%
C- , D, NON	8.70%	17.20%	0.00%	47.30%	37.20%	23.90%	10.50%	29.90%
2-4, LOW, NIV	8.10%	2.90%	13.00%	0.00%	6.50%	30.70%	9.40%	4.60%
As of: May 2002

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1997-D
Fixed Rate Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	2493	$129,898,935	526	$42,709,867	749	$46,948,976	3768	$219,557,778
LTV/WAC	68.31%	10.63%	76.99%	10.81%	70.56%	10.46%	70.48%	10.63%
NON/2-4	5.38%	6.32%	2.98%	11.16%	13.91%	6.35%	0.92%	0.82%
Low/NIV	30.46%	11.27%	2.43%	29.57%	2.63%	36.51%	2.07%	2.56%
A/A-	1296	$83,026,100	301	$28,789,555	381	$28,052,561	1978	$139,868,216
B	586	$26,277,800	128	$8,414,027	202	$12,314,866	916	$47,006,693
C	282	$9,675,000	43	$2,334,760	68	$2,695,032	393	$14,704,792
C-	151	$5,353,935	10	$636,500	26	$1,007,360	187	$6,997,795
D	178	$5,566,100	44	$2,535,025	72	$2,879,157	294	$10,980,282
Unknown	0	$0	0	$0	0	$0	0	$0
Remaining Pool	785	$35,983,284	146	$10,033,880	276	$16,801,288	1207	$62,818,451
LTV/WAC	69.38%	10.41%	76.82%	10.43%	71.21%	10.09%	71.06%	10.33%
A/A-	432	$24,203,079	91	$7,153,907	165	$11,842,683	688	$43,199,668
B	177	$7,076,419	35	$1,976,585	73	$3,773,485	285	$12,826,489
C	92	$2,382,785	12	$536,428	20	$598,304	124	$3,517,518
C-	39	$1,064,348	2	$110,586	4	$138,157	45	$1,313,090
D	45	$1,256,654	6	$256,373	14	$448,659	65	$1,961,686
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	68.66%	$89,190,250	75.40%	$32,201,812	62.31%	$29,254,825	68.61%	$150,646,887
Delinquency Status
CURRENT	719	$33,038,021	125	$8,563,612	250	$15,373,628	1094	$56,975,261
30-59	10	$396,607	5	$405,620	5	$326,591	20	$1,128,818
60-89	4	$173,685	0	$0	6	$315,113	10	$488,798
90-119	7	$172,605	1	$46,041	0	$0	8	$218,646
120-179	9	$645,861	4	$269,034	1	$65,269	14	$980,164
180-269	9	$384,968	2	$68,790	2	$133,000	13	$586,758
270-359	7	$272,618	0	$0	4	$163,270	11	$435,888
360+	14	$635,656	6	$529,261	3	$176,590	23	$1,341,507
REO	6	$263,263	3	$151,523	5	$247,826	14	$662,612
90+REO	52	$2,374,971	16	$1,064,649	15	$785,955	83	$4,225,575
Loss To Date
% to Original Pool Balance	2.92%	$3,792,702	9.64%	$4,115,809	7.05%	$3,309,075	5.11%	$11,217,586
Severity	55.40%		57.57%		62.93%		58.26%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	1.45%	$1,204,454	5.70%	$1,642,154	4.66%	$1,306,666	2.97%	$4,153,274
B	3.24%	$852,154	12.81%	$1,077,835	8.05%	$991,859	6.22%	$2,921,848
C	7.44%	$720,214	24.39%	$569,443	18.72%	$504,563	12.20%	$1,794,220
C-	4.12%	$220,361	9.54%	$60,748	8.98%	$90,460	5.31%	$371,569
D	14.29%	$795,518	30.20%	$765,629	14.43%	$415,527	18.00%	$1,976,674
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	3.79%	$1,500,745	16.82%	$174,319	12.71%	$156,811	4.38%	$1,831,875
2-4 Unit	3.59%	$294,787	25.16%	$1,198,715	5.51%	$164,056	10.39%	$1,657,558
NIV	2.49%	$364,232	9.41%	$1,189,124	10.31%	$1,766,510	7.48%	$3,319,866
Non-Owner	7.28%	$508,535	54.25%	$691,510	15.49%	$1,011,618	14.95%	$2,211,663
90+ & REO as % Rem
A/A- , B, C	4.30%	6.00%	6.70%	17.30%	3.60%	6.80%	4.50%	8.00%
C- , D, NON	8.90%	34.90%	54.10%	43.90%	0.00%	15.70%	11.80%	31.70%
2-4, LOW, NIV	6.70%	7.10%	15.90%	0.00%	6.40%	0.00%	8.60%	6.80%
As of: May 2002

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1997-C
Fixed Rate Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	1857	$93,139,900	577	$44,292,659	631	$40,415,609	3065	$177,848,168
LTV/WAC	69.13%	10.71%	76.54%	11.20%	70.70%	10.44%	71.34%	10.77%
NON/2-4	3.96%	5.36%	2.24%	11.62%	13.39%	8.48%	1.13%	1.01%
Low/NIV	26.08%	12.93%	4.28%	25.52%	1.16%	37.99%	2.56%	3.16%
A/A-	963	$58,206,900	312	$28,286,497	359	$26,654,712	1634	$113,148,109
B	460	$20,003,100	125	$9,308,030	136	$8,011,120	721	$37,322,250
C	256	$8,616,100	64	$3,795,665	63	$2,932,080	383	$15,343,845
C-	76	$2,672,500	16	$741,680	18	$723,890	110	$4,138,070
D	102	$3,641,300	60	$2,160,787	55	$2,093,807	217	$7,895,894
Unknown	0	$0	0	$0	0	$0	0	$0
Remaining Pool	490	$22,009,775	137	$9,821,122	203	$12,149,301	830	$43,980,197
LTV/WAC	71.88%	10.50%	77.28%	10.94%	71.37%	10.06%	72.95%	10.47%
A/A-	273	$14,216,706	71	$5,631,656	133	$8,853,699	477	$28,702,061
B	119	$5,257,618	37	$2,862,421	43	$2,375,654	199	$10,495,693
C	62	$1,485,691	15	$826,685	15	$462,334	92	$2,774,710
C-	18	$570,750	5	$178,403	3	$99,750	26	$848,904
D	18	$479,009	9	$321,957	9	$357,865	36	$1,158,830
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	73.33%	$68,296,900	76.42%	$33,850,313	67.85%	$27,422,999	72.85%	$129,570,212
Delinquency Status
CURRENT	449	$19,843,569	110	$8,073,232	182	$10,995,140	741	$38,911,941
30-59	12	$476,064	5	$220,976	5	$277,681	22	$974,721
60-89	4	$196,277	0	$0	2	$207,131	6	$403,408
90-119	2	$85,305	1	$58,002	0	$0	3	$143,307
120-179	4	$361,447	5	$246,569	1	$66,262	10	$674,278
180-269	7	$482,260	3	$191,117	5	$260,533	15	$933,910
270-359	0	$0	1	$190,997	1	$71,142	2	$262,139
360+	8	$370,825	10	$756,059	4	$196,310	22	$1,323,194
REO	4	$194,028	2	$84,171	3	$75,101	9	$353,300
90+REO	25	$1,493,865	22	$1,526,915	14	$669,348	61	$3,690,128
Loss To Date
% to Original Pool Balance	2.27%	$2,113,146	5.99%	$2,651,881	5.84%	$2,358,966	4.01%	$7,123,993
Severity	49.13%		58.43%		52.12%		53.30%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	1.40%	$812,352	5.73%	$1,620,633	3.87%	$1,031,053	3.06%	$3,464,038
B	3.12%	$624,674	6.37%	$592,778	7.41%	$593,612	4.85%	$1,811,064
C	3.72%	$320,599	6.65%	$252,275	12.62%	$369,950	6.14%	$942,824
C-	3.36%	$89,886	0.00%	$0	7.02%	$50,819	3.40%	$140,705
D	7.30%	$265,636	8.62%	$186,194	14.97%	$313,532	9.69%	$765,362
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	1.97%	$478,380	10.71%	$203,045	35.72%	$167,969	3.19%	$849,394
2-4 Unit	2.03%	$101,532	6.77%	$348,301	5.83%	$199,866	4.79%	$649,699
NIV	2.78%	$334,476	5.27%	$595,350	5.86%	$899,188	4.73%	$1,829,014
Non-Owner	9.67%	$356,879	26.57%	$263,542	9.00%	$486,951	10.97%	$1,107,372
90+ & REO as % Rem
A/A- , B, C	5.00%	10.30%	11.70%	13.10%	3.10%	13.10%	5.80%	11.70%
C- , D, NON	12.00%	0.00%	41.60%	58.60%	0.00%	14.50%	16.80%	20.70%
2-4, LOW, NIV	4.50%	7.20%	12.10%	27.10%	8.10%	0.00%	7.90%	8.80%
As of: May 2002

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1997-B
Fixed Rate Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	1836	$97,362,200	752	$50,943,403	605	$41,970,575	3193	$190,276,178
LTV/WAC	68.31%	10.41%	68.03%	11.08%	69.14%	10.25%	68.42%	10.56%
NON/2-4	5.72%	3.94%	1.68%	8.76%	10.40%	8.75%	1.06%	0.94%
Low/NIV	23.71%	13.49%	6.43%	38.46%	2.31%	37.84%	2.39%	2.95%
A/A-	1001	$61,097,500	341	$25,016,510	336	$26,667,463	1678	$112,781,473
B	446	$21,755,900	204	$14,007,488	146	$9,413,696	796	$45,177,084
C	230	$8,455,900	124	$6,858,310	58	$3,061,028	412	$18,375,238
C-	63	$2,490,600	26	$1,495,050	18	$867,890	107	$4,853,540
D	96	$3,562,300	57	$3,566,045	47	$1,960,498	200	$9,088,843
Unknown	0	$0	0	$0	0	$0	0	$0
Remaining Pool	443	$20,283,426	181	$9,533,938	181	$12,700,289	805	$42,517,653
LTV/WAC	69.99%	10.19%	68.43%	10.82%	70.22%	9.79%	69.71%	10.21%
A/A-	255	$13,662,192	88	$5,040,873	121	$9,539,267	464	$28,242,332
B	93	$3,782,397	54	$2,954,661	38	$2,402,702	185	$9,139,761
C	64	$1,926,277	27	$1,141,140	10	$335,899	101	$3,403,317
C-	13	$337,826	4	$99,190	5	$146,929	22	$583,945
D	17	$537,731	8	$298,074	7	$275,491	32	$1,111,296
Unknown	1	$37,003	0	$0	0	$0	1	$37,003
Paid Off	76.17%	$74,164,400	79.93%	$40,720,816	67.29%	$28,243,683	75.22%	$143,128,899
Delinquency Status
CURRENT	412	$18,749,461	166	$8,940,695	162	$11,503,217	740	$39,193,373
30-59	6	$119,320	4	$69,460	1	$34,622	11	$223,402
60-89	5	$311,201	1	$46,270	2	$208,367	8	$565,838
90-119	1	$66,254	0	$0	2	$135,026	3	$201,280
120-179	1	$77,312	3	$106,870	4	$257,430	8	$441,612
180-269	5	$244,629	2	$84,238	2	$86,758	9	$415,625
270-359	2	$174,885	1	$169,993	4	$240,979	7	$585,857
360+	8	$358,127	3	$104,272	2	$118,049	13	$580,448
REO	3	$182,236	1	$12,140	2	$115,840	6	$310,216
90+REO	20	$1,103,443	10	$477,513	16	$954,082	46	$2,535,038
Loss To Date
% to Original Pool Balance	1.43%	$1,391,822	4.53%	$2,308,208	5.03%	$2,112,979	3.06%	$5,813,009
Severity	37.49%		59.47%		48.74%		48.73%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.70%	$424,643	2.63%	$657,727	3.67%	$978,133	1.83%	$2,060,503
B	1.94%	$421,758	4.45%	$623,063	6.32%	$594,931	3.63%	$1,639,752
C	2.95%	$249,715	8.03%	$550,660	8.55%	$261,847	5.78%	$1,062,222
C-	3.75%	$93,504	3.41%	$50,959	4.85%	$42,111	3.84%	$186,574
D	5.68%	$202,201	11.94%	$425,800	12.04%	$235,957	9.51%	$863,958
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	0.91%	$210,486	7.02%	$230,014	12.47%	$120,808	2.05%	$561,308
2-4 Unit	7.04%	$269,694	10.94%	$488,301	5.94%	$218,085	8.15%	$976,080
NIV	1.26%	$165,461	4.15%	$813,823	5.28%	$837,814	3.74%	$1,817,098
Non-Owner	2.30%	$127,891	24.56%	$209,774	13.41%	$584,958	8.56%	$922,623
90+ & REO as % Rem
A/A- , B, C	2.70%	8.40%	1.30%	2.20%	3.40%	14.50%	2.70%	8.00%
C- , D, NON	34.20%	10.60%	0.00%	3.90%	48.90%	64.40%	32.10%	22.10%
2-4, LOW, NIV	9.30%	7.40%	0.00%	0.00%	0.00%	0.00%	3.00%	6.60%
As of: May 2002

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1997-A
Fixed Rate Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	2226	$112,665,600	712	$47,333,513	805	$56,810,229	3743	$216,809,342
LTV/WAC	69.49%	10.29%	69.40%	11.84%	66.71%	10.22%	68.74%	10.61%
NON/2-4	5.22%	4.12%	4.44%	8.87%	13.92%	7.79%	0.93%	0.83%
Low/NIV	24.60%	4.89%	7.48%	42.04%	5.11%	40.66%	2.10%	2.59%
A/A-	1168	$69,976,700	210	$18,104,137	459	$36,285,539	1837	$124,366,376
B	564	$25,650,100	155	$11,555,391	176	$12,224,490	895	$49,429,981
C	277	$9,231,400	145	$7,508,959	86	$4,249,865	508	$20,990,224
C-	68	$2,166,200	50	$2,406,000	20	$1,099,550	138	$5,671,750
D	149	$5,641,200	151	$7,726,426	64	$2,950,785	364	$16,318,411
Unknown	0	$0	1	$32,600	0	$0	1	$32,600
Remaining Pool	509	$24,045,675	156	$8,693,326	233	$15,543,891	898	$48,282,891
LTV/WAC	69.50%	9.91%	69.91%	11.56%	67.07%	9.85%	68.79%	10.19%
A/A-	300	$16,661,462	43	$3,324,311	146	$10,709,081	489	$30,694,855
B	122	$5,061,906	44	$2,644,755	52	$3,361,647	218	$11,068,309
C	48	$1,401,123	32	$1,291,100	22	$954,200	102	$3,646,423
C-	11	$301,408	11	$369,705	1	$42,906	23	$714,019
D	28	$619,775	26	$1,063,453	12	$476,057	66	$2,159,286
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	75.32%	$84,864,200	80.00%	$37,864,631	70.53%	$40,070,150	75.09%	$162,798,981
Delinquency Status
CURRENT	472	$22,525,884	123	$7,212,877	217	$14,828,211	812	$44,566,972
30-59	7	$309,007	4	$92,385	2	$54,762	13	$456,154
60-89	5	$336,768	1	$85,735	1	$77,266	7	$499,769
90-119	2	$64,946	1	$28,543	2	$85,453	5	$178,942
120-179	5	$205,998	3	$120,738	2	$83,240	10	$409,976
180-269	5	$125,069	8	$345,247	3	$143,375	16	$613,691
270-359	2	$42,633	2	$68,854	2	$87,053	6	$198,540
360+	8	$323,152	14	$738,949	3	$135,258	25	$1,197,359
REO	3	$112,218	0	$0	1	$49,273	4	$161,491
90+REO	25	$874,016	28	$1,302,331	13	$583,652	66	$2,759,999
Loss To Date
% to Original Pool Balance	1.78%	$2,008,045	8.51%	$4,029,423	4.25%	$2,414,459	3.90%	$8,451,927
Severity	46.38%		63.42%		41.28%		51.13%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	1.00%	$700,099	5.11%	$924,663	2.66%	$966,281	2.08%	$2,591,043
B	1.36%	$349,002	6.79%	$784,051	4.19%	$511,863	3.33%	$1,644,916
C	3.83%	$353,619	10.92%	$820,019	10.95%	$465,417	7.81%	$1,639,055
C-	5.38%	$116,505	17.75%	$427,136	5.41%	$59,473	10.63%	$603,114
D	8.67%	$488,820	13.89%	$1,073,554	13.94%	$411,425	12.10%	$1,973,799
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	2.73%	$757,379	13.22%	$468,347	4.25%	$123,446	3.95%	$1,349,172
2-4 Unit	0.64%	$29,511	23.95%	$1,006,217	4.56%	$201,748	9.33%	$1,237,476
NIV	3.91%	$215,342	9.06%	$1,792,391	5.95%	$1,374,485	6.99%	$3,382,218
Non-Owner	6.42%	$377,426	45.72%	$961,338	7.47%	$590,346	12.14%	$1,929,110
90+ & REO as % Rem
A/A- , B, C	1.20%	8.40%	2.60%	17.50%	3.00%	4.30%	2.00%	9.30%
C- , D, NON	3.20%	8.60%	11.20%	49.90%	0.00%	15.00%	7.10%	30.40%
2-4, LOW, NIV	4.00%	5.30%	0.00%	17.00%	1.90%	29.10%	2.40%	9.70%
As of: May 2002

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1996-D
Fixed Rate Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	2083	$101,797,500	1140	$73,521,616	1005	$67,125,278	4228	$242,444,394
LTV/WAC	66.14%	10.63%	67.99%	12.47%	66.25%	10.52%	66.73%	11.16%
NON/2-4	4.41%	3.89%	5.67%	11.69%	12.79%	8.07%	0.83%	0.74%
Low/NIV	27.33%	13.17%	6.49%	40.53%	2.14%	43.05%	1.88%	2.32%
A/A-	1071	$64,013,400	341	$25,565,407	502	$40,111,347	1914	$129,690,154
B	466	$19,390,700	214	$13,953,605	255	$15,798,924	935	$49,143,229
C	275	$9,670,000	225	$13,048,515	155	$6,955,207	655	$29,673,722
C-	119	$3,738,500	101	$5,320,519	26	$1,044,600	246	$10,103,619
D	152	$4,984,900	259	$15,633,570	67	$3,215,200	478	$23,833,670
Unknown	0	$0	0	$0	0	$0	0	$0
Remaining Pool	384	$17,343,213	187	$10,705,392	227	$14,592,925	798	$42,641,530
LTV/WAC	66.97%	10.23%	68.70%	12.10%	66.36%	10.19%	67.20%	10.68%
A/A-	225	$12,047,359	65	$4,271,162	132	$9,867,721	422	$26,186,242
B	74	$2,893,371	32	$1,921,462	49	$2,939,640	155	$7,754,473
C	47	$1,324,593	30	$1,676,493	30	$1,084,959	107	$4,086,045
C-	13	$468,932	18	$748,778	4	$140,155	35	$1,357,865
D	25	$608,957	42	$2,087,497	12	$560,450	79	$3,256,904
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	80.09%	$81,533,700	84.67%	$62,252,641	76.70%	$51,485,392	80.54%	$195,271,733
Delinquency Status
CURRENT	341	$14,728,780	132	$7,436,939	199	$13,439,249	672	$35,604,968
30-59	11	$536,320	6	$356,805	5	$183,961	22	$1,077,086
60-89	5	$221,546	2	$110,048	3	$138,925	10	$470,519
90-119	4	$334,061	4	$170,025	1	$65,357	9	$569,443
120-179	3	$189,356	4	$230,590	1	$58,944	8	$478,890
180-269	4	$229,113	9	$678,351	4	$162,421	17	$1,069,885
270-359	4	$231,588	4	$202,600	3	$138,425	11	$572,613
360+	12	$872,448	24	$1,414,366	10	$378,233	46	$2,665,047
REO	0	$0	2	$105,667	1	$27,410	3	$133,077
90+REO	27	$1,856,566	47	$2,801,599	20	$830,790	94	$5,488,955
Loss To Date
% to Original Pool Balance	1.07%	$1,085,209	12.68%	$9,323,215	4.58%	$3,075,750	5.56%	$13,484,174
Severity	39.42%		64.40%		51.96%		58.25%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.57%	$362,172	8.41%	$2,150,401	1.83%	$732,490	2.50%	$3,245,063
B	1.96%	$380,698	10.26%	$1,432,237	5.96%	$942,062	5.61%	$2,754,997
C	1.25%	$121,270	15.93%	$2,078,186	12.80%	$890,482	10.41%	$3,089,938
C-	2.28%	$85,177	14.29%	$760,391	7.95%	$83,065	9.19%	$928,633
D	2.73%	$135,892	18.56%	$2,902,000	13.30%	$427,651	14.54%	$3,465,543
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	1.69%	$469,435	7.64%	$364,877	3.35%	$48,162	2.59%	$882,474
2-4 Unit	1.25%	$49,620	27.70%	$2,380,184	10.27%	$556,437	16.62%	$2,986,241
NIV	0.69%	$92,704	10.12%	$3,014,711	5.99%	$1,730,439	6.71%	$4,837,854
Non-Owner	4.98%	$223,537	57.22%	$2,386,041	10.27%	$881,514	20.24%	$3,491,092
90+ & REO as % Rem
A/A- , B, C	7.60%	15.40%	12.90%	27.50%	3.90%	6.10%	7.10%	14.90%
C- , D, NON	44.90%	27.60%	37.00%	48.80%	24.90%	4.40%	38.50%	37.20%
2-4, LOW, NIV	25.90%	11.00%	21.60%	33.10%	5.80%	10.70%	15.50%	13.10%
As of: May 2002

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1996-C
Fixed Rate Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	1602	$74,900,200	793	$53,255,408	740	$47,310,845	3135	$175,466,453
LTV/WAC	62.45%	10.82%	65.35%	12.77%	66.24%	10.86%	64.35%	11.42%
NON/2-4	5.46%	4.68%	3.59%	8.88%	13.49%	10.57%	1.15%	1.02%
Low/NIV	26.88%	23.18%	6.68%	50.43%	0.00%	13.99%	2.59%	3.20%
A/A-	634	$35,203,200	176	$13,663,331	391	$28,092,663	1201	$76,959,194
B	400	$19,377,800	91	$6,669,880	190	$12,453,730	681	$38,501,410
C	299	$11,267,300	101	$6,926,963	156	$6,654,302	556	$24,848,565
C-	153	$5,425,300	112	$6,553,370	0	$0	265	$11,978,670
D	116	$3,626,600	313	$19,441,864	3	$110,150	432	$23,178,614
Unknown	0	$0	0	$0	0	$0	0	$0
Remaining Pool	265	$10,182,841	113	$7,652,171	156	$8,802,820	534	$26,637,832
LTV/WAC	62.45%	10.47%	66.89%	12.48%	65.25%	10.54%	64.65%	11.07%
A/A-	120	$5,284,495	25	$2,021,513	95	$5,965,397	240	$13,271,404
B	69	$2,865,853	15	$1,027,544	33	$1,688,002	117	$5,581,399
C	51	$1,485,429	20	$1,318,578	28	$1,149,421	99	$3,953,428
C-	14	$287,415	14	$961,097	0	$0	28	$1,248,512
D	11	$259,650	39	$2,323,439	0	$0	50	$2,583,089
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	83.85%	$62,804,200	84.94%	$45,237,474	79.81%	$37,760,273	83.09%	$145,801,947
Delinquency Status
CURRENT	251	$9,440,485	79	$5,411,887	138	$7,886,689	468	$22,739,061
30-59	2	$220,126	4	$237,011	2	$147,822	8	$604,959
60-89	1	$16,068	1	$41,246	1	$54,693	3	$112,007
90-119	1	$32,419	3	$211,127	0	$0	4	$243,546
120-179	4	$227,120	2	$59,089	0	$0	6	$286,209
180-269	0	$0	3	$191,135	7	$340,591	10	$531,726
270-359	0	$0	5	$218,501	2	$112,862	7	$331,363
360+	4	$176,352	15	$1,165,707	5	$201,723	24	$1,543,782
REO	2	$70,271	1	$116,468	1	$58,439	4	$245,178
90+REO	11	$506,162	29	$1,962,027	15	$713,615	55	$3,181,804
Loss To Date
% to Original Pool Balance	1.22%	$917,216	8.57%	$4,563,792	4.23%	$2,003,384	4.27%	$7,484,392
Severity	51.93%		56.06%		46.90%		52.79%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.41%	$145,218	2.05%	$280,616	3.41%	$958,570	1.80%	$1,384,404
B	0.78%	$150,496	3.99%	$266,288	4.19%	$521,619	2.44%	$938,403
C	2.37%	$267,474	5.31%	$367,781	7.44%	$495,078	4.55%	$1,130,333
C-	1.94%	$105,501	8.17%	$535,733	0.00%	$0	5.35%	$641,234
D	6.85%	$248,528	16.01%	$3,113,374	25.53%	$28,117	14.63%	$3,390,019
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	1.84%	$369,519	7.19%	$255,830	0.00%	$0	2.64%	$625,349
2-4 Unit	4.19%	$146,929	12.66%	$599,063	7.01%	$350,792	8.28%	$1,096,783
NIV	1.16%	$201,921	10.33%	$2,773,840	2.25%	$148,669	6.15%	$3,124,430
Non-Owner	4.92%	$201,367	33.60%	$642,552	9.39%	$599,363	11.65%	$1,443,282
90+ & REO as % Rem
A/A- , B, C	3.00%	2.10%	16.40%	11.40%	5.80%	7.30%	6.30%	5.40%
C- , D, NON	7.60%	38.00%	27.50%	44.30%	0.00%	0.00%	23.00%	43.70%
2-4, LOW, NIV	0.00%	1.80%	26.20%	14.50%	19.30%	0.00%	16.70%	5.40%
As of: May 2002

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1996-B
Fixed Rate Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	1332	$62,460,165	878	$57,413,366	0	$0	2210	$119,873,531
LTV/WAC	61.69%	10.97%	65.01%	12.70%	0.00%	0.00%	63.28%	11.80%
NON/2-4	6.60%	4.78%	4.26%	6.49%	0.00%	0.00%	1.68%	1.50%
Low/NIV	34.30%	10.45%	6.22%	52.78%	0.00%	0.00%	3.79%	4.69%
A/A-	476	$25,914,500	173	$14,105,714	0	$0	649	$40,020,214
B	293	$14,983,000	91	$7,457,095	0	$0	384	$22,440,095
C	252	$10,018,295	140	$8,566,900	0	$0	392	$18,585,195
C-	140	$5,967,800	107	$6,031,791	0	$0	247	$11,999,591
D	93	$3,074,400	367	$21,251,866	0	$0	460	$24,326,266
Unknown	78	$2,502,170	0	$0	0	$0	78	$2,502,170
Remaining Pool	204	$8,107,754	113	$6,611,958	0	$0	317	$14,719,712
LTV/WAC	62.66%	10.57%	66.44%	12.09%	0.00%	0.00%	64.36%	11.25%
A/A-	84	$4,090,583	32	$2,319,536	0	$0	116	$6,410,119
B	36	$1,830,361	17	$1,093,062	0	$0	53	$2,923,422
C	41	$1,010,776	17	$1,024,186	0	$0	58	$2,034,962
C-	20	$769,456	10	$385,739	0	$0	30	$1,155,194
D	12	$232,095	37	$1,789,435	0	$0	49	$2,021,530
Unknown	11	$174,484	0	$0	0	$0	11	$174,484
Paid Off	84.35%	$52,687,465	87.76%	$50,384,190	0.00%	$0	85.98%	$103,071,655
Delinquency Status
CURRENT	183	$7,213,823	84	$5,115,200	0	$0	267	$12,329,023
30-59	6	$445,091	5	$337,259	0	$0	11	$782,350
60-89	0	$0	0	$0	0	$0	0	$0
90-119	6	$188,867	2	$112,803	0	$0	8	$301,670
120-179	3	$38,874	4	$157,108	0	$0	7	$195,982
180-269	1	$29,368	2	$197,728	0	$0	3	$227,096
270-359	2	$35,402	4	$157,053	0	$0	6	$192,455
360+	3	$156,329	9	$420,322	0	$0	12	$576,651
REO	0	$0	3	$114,483	0	$0	3	$114,483
90+REO	15	$448,840	24	$1,159,497	-	$0	39	$1,608,337
Loss To Date
% to Original Pool Balance	0.95%	$593,764	11.18%	$6,419,232	0.00%	$0	5.85%	$7,012,996
Severity	36.27%		53.40%		0.00%		51.35%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.68%	$177,018	5.51%	$777,566	0.00%	$0	2.39%	$954,584
B	0.10%	$14,432	8.14%	$607,082	0.00%	$0	2.77%	$621,514
C	0.70%	$70,609	11.67%	$999,794	0.00%	$0	5.76%	$1,070,403
C-	3.01%	$179,710	8.43%	$508,599	0.00%	$0	5.74%	$688,309
D	0.98%	$30,210	16.59%	$3,526,192	0.00%	$0	14.62%	$3,556,402
Unknown	4.87%	$121,786	0.00%	$0	0.00%	$0	4.87%	$121,786
Loss by Characteristic	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
Low Doc	1.20%	$257,741	12.27%	$438,127	0.00%	$0	2.78%	$695,868
2-4 Unit	0.58%	$17,289	29.56%	$1,100,867	0.00%	$0	16.66%	$1,118,156
NIV	-0.02%	($1,569)	12.26%	$3,713,910	0.00%	$0	10.08%	$3,712,341
Non-Owner	2.23%	$92,087	38.38%	$939,015	0.00%	$0	15.70%	$1,031,102
90+ & REO as % Rem
A/A- , B, C	3.20%	1.80%	13.10%	0.00%	0.00%	0.00%	6.80%	1.20%
C- , D, NON	16.40%	43.60%	6.00%	38.80%	0.00%	0.00%	12.90%	39.40%
2-4, LOW, NIV	2.20%	5.20%	18.00%	20.30%	0.00%	0.00%	9.20%	8.30%
As of: May 2002

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1996-A
Fixed Rate Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	954	$42,687,500	770	$57,454,950	0	$0	1724	$100,142,450
LTV/WAC	62.48%	10.85%	65.10%	12.54%	0.00%	0.00%	63.98%	11.82%
NON/2-4	6.53%	3.73%	2.54%	4.33%	0.00%	0.00%	2.01%	1.79%
Low/NIV	38.95%	9.62%	7.82%	48.94%	0.00%	0.00%	4.54%	5.61%
A/A-	338	$17,136,400	165	$13,896,968	0	$0	503	$31,033,368
B	247	$11,851,100	84	$7,101,987	0	$0	331	$18,953,087
C	212	$8,196,800	101	$6,452,996	0	$0	313	$14,649,796
C-	112	$4,102,400	119	$7,729,884	0	$0	231	$11,832,284
D	45	$1,400,800	301	$22,273,115	0	$0	346	$23,673,915
Unknown	0	$0	0	$0	0	$0	0	$0
Remaining Pool	136	$5,303,182	105	$6,639,857	0	$0	241	$11,943,039
LTV/WAC	64.52%	10.50%	64.75%	11.99%	0.00%	0.00%	64.65%	11.33%
A/A-	47	$2,069,719	31	$1,831,087	0	$0	78	$3,900,807
B	35	$1,615,890	9	$822,466	0	$0	44	$2,438,356
C	38	$1,232,382	16	$827,118	0	$0	54	$2,059,500
C-	11	$276,850	16	$923,742	0	$0	27	$1,200,592
D	5	$108,341	33	$2,235,443	0	$0	38	$2,343,784
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	84.71%	$36,160,600	87.76%	$50,424,066	0.00%	$0	86.46%	$86,584,666
Delinquency Status
CURRENT	133	$5,214,803	89	$5,610,833	0	$0	222	$10,825,636
30-59	0	$0	2	$205,139	0	$0	2	$205,139
60-89	0	$0	1	$9,939	0	$0	1	$9,939
90-119	1	$32,494	2	$88,267	0	$0	3	$120,761
120-179	2	$55,885	2	$199,936	0	$0	4	$255,821
180-269	0	$0	3	$153,375	0	$0	3	$153,375
270-359	0	$0	1	$42,310	0	$0	1	$42,310
360+	0	$0	5	$330,058	0	$0	5	$330,058
REO	0	$0	0	$0	0	$0	0	$0
90+REO	3	$88,379	13	$813,946	-	$0	16	$902,325
Loss To Date
% to Original Pool Balance	1.34%	$573,225	7.45%	$4,277,535	0.00%	$0	4.84%	$4,850,760
Severity	36.86%		49.32%		0.00%		47.43%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	1.20%	$206,314	4.22%	$586,390	0.00%	$0	2.55%	$792,704
B	0.51%	$60,099	4.06%	$288,093	0.00%	$0	1.84%	$348,192
C	1.96%	$160,504	4.39%	$283,490	0.00%	$0	3.03%	$443,994
C-	2.89%	$118,547	12.37%	$956,205	0.00%	$0	9.08%	$1,074,752
D	1.98%	$27,761	9.71%	$2,163,358	0.00%	$0	9.26%	$2,191,119
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	0.89%	$148,438	13.85%	$622,237	0.00%	$0	3.65%	$770,675
2-4 Unit	1.71%	$27,272	23.27%	$578,539	0.00%	$0	14.85%	$605,811
NIV	1.20%	$49,274	8.09%	$2,275,149	0.00%	$0	7.21%	$2,324,423
Non-Owner	2.05%	$57,158	40.78%	$594,145	0.00%	$0	15.35%	$651,303
90+ & REO as % Rem
A/A- , B, C	1.30%	0.00%	4.30%	0.00%	0.00%	0.00%	2.70%	0.00%
C- , D, NON	10.40%	0.00%	25.90%	20.30%	0.00%	0.00%	22.30%	19.30%
2-4, LOW, NIV	0.00%	2.20%	0.00%	21.60%	0.00%	0.00%	0.00%	8.00%
As of: May 2002

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1995-D
Fixed Rate Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	1268	$58,411,200	482	$31,678,815	0	$0	1750	$90,090,015
LTV/WAC	60.90%	10.55%	64.94%	12.80%	0.00%	0.00%	62.32%	11.34%
NON/2-4	6.24%	1.41%	3.23%	4.40%	0.00%	0.00%	2.24%	1.99%
Low/NIV	29.92%	15.65%	10.70%	50.73%	0.00%	0.00%	5.05%	6.24%
A/A-	497	$25,180,800	117	$8,847,013	0	$0	614	$34,027,813
B	302	$14,536,100	84	$5,096,059	0	$0	386	$19,632,159
C	317	$12,798,800	96	$6,207,350	0	$0	413	$19,006,150
C-	105	$4,256,600	104	$5,880,421	0	$0	209	$10,137,021
D	47	$1,638,900	81	$5,647,972	0	$0	128	$7,286,872
Unknown	0	$0	0	$0	0	$0	0	$0
Remaining Pool	176	$6,588,985	61	$3,924,829	0	$0	237	$10,513,813
LTV/WAC	59.72%	10.28%	67.33%	12.29%	0.00%	0.00%	62.56%	11.03%
A/A-	74	$3,024,912	22	$1,689,950	0	$0	96	$4,714,862
B	39	$1,691,170	10	$660,256	0	$0	49	$2,351,427
C	46	$1,443,958	11	$616,133	0	$0	57	$2,060,091
C-	12	$323,364	10	$449,255	0	$0	22	$772,619
D	5	$105,580	8	$509,235	0	$0	13	$614,814
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	86.21%	$50,353,400	86.85%	$27,514,215	0.00%	$0	86.43%	$77,867,615
Delinquency Status
CURRENT	170	$6,336,622	51	$3,336,534	0	$0	221	$9,673,156
30-59	4	$207,256	0	$0	0	$0	4	$207,256
60-89	0	$0	1	$42,009	0	$0	1	$42,009
90-119	0	$0	1	$80,240	0	$0	1	$80,240
120-179	0	$0	1	$98,254	0	$0	1	$98,254
180-269	0	$0	1	$65,506	0	$0	1	$65,506
270-359	1	$22,528	0	$0	0	$0	1	$22,528
360+	1	$22,578	4	$210,410	0	$0	5	$232,988
REO	0	$0	2	$91,876	0	$0	2	$91,876
90+REO	2	$45,106	9	$546,286	-	$0	11	$591,392
Loss To Date
% to Original Pool Balance	0.43%	$250,883	8.55%	$2,708,892	0.00%	$0	3.29%	$2,959,775
Severity	17.67%		49.61%		0.00%		43.02%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.02%	$3,811	3.11%	$275,304	0.00%	$0	0.82%	$279,115
B	0.90%	$130,951	7.32%	$372,821	0.00%	$0	2.57%	$503,772
C	0.05%	$5,819	7.44%	$461,665	0.00%	$0	2.46%	$467,484
C-	1.63%	$69,313	11.44%	$672,804	0.00%	$0	7.32%	$742,117
D	2.50%	$40,988	16.40%	$926,298	0.00%	$0	13.27%	$967,286
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	0.30%	$53,017	11.89%	$402,816	0.00%	$0	2.18%	$455,833
2-4 Unit	0.00%	$0	13.30%	$185,528	0.00%	$0	8.36%	$185,528
NIV	0.98%	$89,851	9.76%	$1,568,270	0.00%	$0	6.58%	$1,658,121
Non-Owner	0.24%	$8,679	42.53%	$435,419	0.00%	$0	9.51%	$444,098
90+ & REO as % Rem
A/A- , B, C	0.00%	0.00%	4.70%	0.00%	0.00%	0.00%	1.70%	0.00%
C- , D, NON	0.00%	0.00%	32.00%	39.60%	0.00%	0.00%	18.60%	32.80%
2-4, LOW, NIV	0.00%	3.10%	54.20%	18.00%	0.00%	0.00%	14.90%	5.00%
As of: May 2002

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1995-C
Fixed Rate Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	737	$28,579,800	319	$20,707,288	0	$0	1056	$49,287,088
LTV/WAC	57.06%	11.67%	63.90%	13.38%	0.00%	0.00%	59.94%	12.39%
NON/2-4	6.47%	2.41%	5.52%	4.98%	0.00%	0.00%	4.09%	3.65%
Low/NIV	32.58%	23.17%	15.39%	47.25%	0.00%	0.00%	9.23%	11.40%
A/A-	271	$11,320,400	56	$4,819,334	0	$0	327	$16,139,734
B	238	$9,368,100	70	$3,712,039	0	$0	308	$13,080,139
C	145	$5,033,600	66	$3,339,858	0	$0	211	$8,373,458
C-	52	$1,899,200	65	$4,544,239	0	$0	117	$6,443,439
D	31	$958,500	62	$4,291,818	0	$0	93	$5,250,318
Unknown	0	$0	0	$0	0	$0	0	$0
Remaining Pool	77	$2,493,973	23	$1,178,494	0	$0	100	$3,672,467
LTV/WAC	54.55%	11.35%	66.10%	12.48%	0.00%	0.00%	58.26%	11.71%
A/A-	33	$1,178,253	9	$480,951	0	$0	42	$1,659,204
B	24	$845,518	3	$161,802	0	$0	27	$1,007,320
C	14	$331,119	5	$158,396	0	$0	19	$489,516
C-	3	$51,722	5	$254,880	0	$0	8	$306,602
D	3	$87,362	1	$122,464	0	$0	4	$209,825
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	89.01%	$25,438,600	93.60%	$19,381,699	0.00%	$0	90.94%	$44,820,299
Delinquency Status
CURRENT	74	$2,441,652	19	$963,027	0	$0	93	$3,404,679
30-59	2	$45,175	0	$0	0	$0	2	$45,175
60-89	0	$0	1	$74,914	0	$0	1	$74,914
90-119	1	$7,146	0	$0	0	$0	1	$7,146
120-179	0	$0	0	$0	0	$0	0	$0
180-269	0	$0	1	$52,763	0	$0	1	$52,763
270-359	0	$0	0	$0	0	$0	0	$0
360+	0	$0	2	$87,789	0	$0	2	$87,789
REO	0	$0	0	$0	0	$0	0	$0
90+REO	1	$7,146	3	$140,552	-	$0	4	$147,698
Loss To Date
% to Original Pool Balance	0.51%	$146,611	12.27%	$2,541,539	0.00%	$0	5.45%	$2,688,150
Severity	19.76%		55.27%		0.00%		50.34%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.03%	$2,932	5.68%	$273,634	0.00%	$0	1.71%	$276,566
B	0.73%	$68,696	3.36%	$124,848	0.00%	$0	1.48%	$193,544
C	1.22%	$61,649	10.90%	$364,099	0.00%	$0	5.08%	$425,748
C-	0.70%	$13,297	6.55%	$297,427	0.00%	$0	4.82%	$310,724
D	0.00%	$37	34.52%	$1,481,532	0.00%	$0	28.22%	$1,481,569
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	0.17%	$16,234	20.33%	$647,924	0.00%	$0	5.31%	$664,158
2-4 Unit	5.64%	$38,822	4.10%	$42,264	0.00%	$0	4.72%	$81,086
NIV	1.55%	$102,808	13.11%	$1,282,843	0.00%	$0	8.45%	$1,385,651
Non-Owner	0.60%	$11,103	41.68%	$476,374	0.00%	$0	16.29%	$487,477
90+ & REO as % Rem
A/A- , B, C	0.60%	0.00%	11.00%	0.00%	0.00%	0.00%	3.60%	0.00%
C- , D, NON	0.00%	0.00%	14.60%	0.00%	0.00%	0.00%	12.10%	0.00%
2-4, LOW, NIV	0.00%	0.00%	22.00%	21.40%	0.00%	0.00%	14.60%	6.00%
As of: May 2002

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1995-B
Fixed Rate Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	417	$16,390,500	425	$23,630,253	0	$0	842	$40,020,753
LTV/WAC	58.00%	12.26%	63.17%	13.72%	0.00%	0.00%	61.05%	13.12%
NON/2-4	7.85%	2.32%	5.96%	5.98%	0.00%	0.00%	5.04%	4.49%
Low/NIV	28.10%	36.30%	17.77%	52.79%	0.00%	0.00%	11.36%	14.04%
A/A-	157	$6,285,800	96	$5,771,612	0	$0	253	$12,057,412
B	95	$4,431,350	91	$4,956,509	0	$0	186	$9,387,859
C	100	$3,533,150	75	$3,924,970	0	$0	175	$7,458,120
C-	38	$1,164,400	89	$4,857,400	0	$0	127	$6,021,800
D	26	$920,200	74	$4,119,762	0	$0	100	$5,039,962
Unknown	1	$55,600	0	$0	0	$0	1	$55,600
Remaining Pool	47	$1,457,545	21	$1,042,211	0	$0	68	$2,499,756
LTV/WAC	58.81%	11.96%	61.66%	13.71%	0.00%	0.00%	60.00%	12.69%
A/A-	21	$730,177	2	$198,336	0	$0	23	$928,513
B	9	$408,310	7	$323,376	0	$0	16	$731,686
C	14	$286,061	6	$188,689	0	$0	20	$474,751
C-	1	$3,729	3	$151,823	0	$0	4	$155,552
D	2	$29,267	3	$179,987	0	$0	5	$209,254
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	88.60%	$14,521,200	95.30%	$22,520,053	0.00%	$0	92.56%	$37,041,253
Delinquency Status
CURRENT	47	$1,457,545	19	$949,887	0	$0	66	$2,407,432
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	$69,674	0	$0	1	$69,674
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	1	$22,650	0	$0	1	$22,650
90+REO	-	$0	2	$92,324	-	$0	2	$92,324
Loss To Date
% to Original Pool Balance	0.92%	$150,595	11.37%	$2,685,793	0.00%	$0	7.09%	$2,836,388
Severity	46.68%		65.07%		0.00%		63.73%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	-0.07%	($4,157)	3.39%	$195,916	0.00%	$0	1.59%	$191,759
B	0.75%	$33,285	3.46%	$171,260	0.00%	$0	2.18%	$204,545
C	1.72%	$60,694	5.57%	$218,552	0.00%	$0	3.74%	$279,246
C-	0.37%	$4,320	18.00%	$874,207	0.00%	$0	14.59%	$878,527
D	6.13%	$56,453	29.76%	$1,225,857	0.00%	$0	25.44%	$1,282,310
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	5.02%	$210,949	0.00%	$0	2.40%	$210,949
2-4 Unit	0.00%	$0	13.31%	$188,129	0.00%	$0	10.48%	$188,129
NIV	2.53%	$150,595	16.89%	$2,107,488	0.00%	$0	12.26%	$2,258,083
Non-Owner	5.05%	$65,014	24.73%	$348,093	0.00%	$0	15.33%	$413,107
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%	60.80%	0.00%	0.00%	0.00%	59.40%	0.00%
2-4, LOW, NIV	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
As of: May 2002

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1995-A
Fixed Rate Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	531	$21,565,150	265	$15,533,351	0	$0	796	$37,098,501
LTV/WAC	54.50%	12.21%	64.23%	12.86%	0.00%	0.00%	58.57%	12.48%
NON/2-4	7.91%	2.99%	8.36%	7.67%	0.00%	0.00%	5.43%	4.84%
Low/NIV	31.27%	41.49%	14.42%	42.30%	0.00%	0.00%	12.26%	15.14%
A/A-	187	$8,145,050	76	$4,664,777	0	$0	263	$12,809,827
B	42	$1,803,400	61	$3,506,720	0	$0	103	$5,310,120
C	163	$6,658,500	56	$3,118,735	0	$0	219	$9,777,235
C-	52	$1,472,900	37	$2,797,721	0	$0	89	$4,270,621
D	84	$3,376,700	35	$1,445,398	0	$0	119	$4,822,098
Unknown	3	$108,600	0	$0	0	$0	3	$108,600
Remaining Pool	55	$1,513,868	19	$829,724	0	$0	74	$2,343,593
LTV/WAC	51.66%	12.19%	67.67%	12.40%	0.00%	0.00%	57.33%	12.26%
A/A-	19	$424,212	8	$461,807	0	$0	27	$886,019
B	2	$82,250	3	$55,209	0	$0	5	$137,459
C	18	$536,104	4	$102,696	0	$0	22	$638,801
C-	6	$100,820	2	$170,145	0	$0	8	$270,965
D	10	$370,482	2	$39,867	0	$0	12	$410,349
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	90.84%	$19,590,150	94.13%	$14,620,981	0.00%	$0	92.22%	$34,211,131
Delinquency Status
CURRENT	53	$1,487,843	15	$709,892	0	$0	68	$2,197,735
30-59	1	$6,186	0	$0	0	$0	1	$6,186
60-89	0	$0	0	$0	0	$0	0	$0
90-119	0	$0	0	$0	0	$0	0	$0
120-179	0	$0	2	$81,566	0	$0	2	$81,566
180-269	1	$19,839	1	$18,922	0	$0	2	$38,761
270-359	0	$0	1	$19,344	0	$0	1	$19,344
360+	0	$0	0	$0	0	$0	0	$0
REO	0	$0	0	$0	0	$0	0	$0
90+REO	1	$19,839	4	$119,832	-	$0	5	$139,671
Loss To Date
% to Original Pool Balance	0.63%	$135,387	7.30%	$1,133,984	0.00%	$0	3.42%	$1,269,371
Severity	15.12%		50.13%		0.00%		40.20%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.32%	$26,090	7.09%	$330,822	0.00%	$0	2.79%	$356,912
B	-0.87%	($15,707)	3.74%	$131,169	0.00%	$0	2.17%	$115,462
C	0.67%	$44,839	10.56%	$329,205	0.00%	$0	3.83%	$374,044
C-	0.26%	$3,808	3.23%	$90,259	0.00%	$0	2.20%	$94,067
D	2.26%	$76,358	17.47%	$252,530	0.00%	$0	6.82%	$328,888
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	0.05%	$3,667	14.84%	$332,388	0.00%	$0	3.74%	$336,055
2-4 Unit	0.00%	$0	3.20%	$38,090	0.00%	$0	2.07%	$38,090
NIV	1.20%	$107,777	4.85%	$318,457	0.00%	$0	2.75%	$426,234
Non-Owner	2.67%	$45,495	11.80%	$153,288	0.00%	$0	6.61%	$198,783
90+ & REO as % Rem
A/A- , B, C	0.00%	0.00%	13.10%	35.00%	0.00%	0.00%	6.80%	14.10%
C- , D, NON	0.00%	0.00%	0.00%	100.00%	0.00%	0.00%	0.00%	9.70%
2-4, LOW, NIV	0.00%	3.30%	0.00%	39.80%	0.00%	0.00%	0.00%	10.60%
As of: May 2002

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1994-D
Fixed Rate Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	745	$28,574,595	75	$4,703,203	0	$0	820	$33,277,798
LTV/WAC	55.81%	11.72%	63.20%	12.15%	0.00%	0.00%	56.86%	11.78%
NON/2-4	8.60%	3.93%	0.00%	8.19%	0.00%	0.00%	6.06%	5.40%
Low/NIV	33.62%	38.89%	13.34%	33.44%	0.00%	0.00%	13.66%	16.88%
A/A-	278	$12,205,295	19	$1,263,000	0	$0	297	$13,468,295
B	64	$2,887,100	22	$1,251,650	0	$0	86	$4,138,750
C	200	$6,929,000	15	$684,350	0	$0	215	$7,613,350
C-	49	$1,752,900	13	$933,003	0	$0	62	$2,685,903
D	154	$4,800,300	6	$571,200	0	$0	160	$5,371,500
Unknown	0	$0	0	$0	0	$0	0	$0
Remaining Pool	92	$3,267,726	7	$438,598	0	$0	99	$3,706,323
LTV/WAC	59.17%	11.28%	59.42%	11.52%	0.00%	0.00%	59.20%	11.31%
A/A-	47	$1,861,182	1	$45,440	0	$0	48	$1,906,621
B	9	$313,460	2	$72,572	0	$0	11	$386,032
C	26	$786,775	3	$166,814	0	$0	29	$953,589
C-	3	$91,555	1	$153,772	0	$0	4	$245,327
D	7	$214,754	0	$0	0	$0	7	$214,754
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	85.44%	$24,413,095	89.89%	$4,227,703	0.00%	$0	86.07%	$28,640,798
Delinquency Status
CURRENT	88	$3,117,140	7	$438,598	0	$0	95	$3,555,738
30-59	3	$127,438	0	$0	0	$0	3	$127,438
60-89	1	$23,148	0	$0	0	$0	1	$23,148
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	0.78%	$224,217	6.24%	$293,461	0.00%	$0	1.56%	$517,678
Severity	20.41%		37.56%		0.00%		27.54%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.12%	$14,668	14.62%	$184,599	0.00%	$0	1.48%	$199,267
B	0.21%	$5,927	0.00%	$0	0.00%	$0	0.14%	$5,927
C	1.62%	$112,040	4.71%	$32,227	0.00%	$0	1.89%	$144,267
C-	3.15%	$55,159	-1.24%	($11,543)	0.00%	$0	1.62%	$43,616
D	0.76%	$36,423	15.44%	$88,178	0.00%	$0	2.32%	$124,601
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	0.43%	$41,406	6.28%	$39,377	0.00%	$0	0.79%	$80,783
2-4 Unit	2.03%	$22,763	0.00%	$0	0.00%	$0	1.51%	$22,763
NIV	1.43%	$158,877	8.02%	$126,153	0.00%	$0	2.25%	$285,030
Non-Owner	1.70%	$41,785	0.00%	$0	0.00%	$0	1.70%	$41,785
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: May 2002

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1994-C
Fixed Rate Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	713	$25,077,750	131	$7,834,805	0	$0	844	$32,912,555
LTV/WAC	54.04%	11.73%	63.97%	12.22%	0.00%	0.00%	56.41%	11.84%
NON/2-4	6.93%	4.50%	3.54%	8.53%	0.00%	0.00%	6.13%	5.46%
Low/NIV	18.02%	21.53%	0.35%	2.80%	0.00%	0.00%	13.82%	17.07%
A/A-	240	$9,276,640	36	$2,425,695	0	$0	276	$11,702,335
B	65	$2,726,585	13	$867,440	0	$0	78	$3,594,025
C	169	$5,819,950	29	$1,696,075	0	$0	198	$7,516,025
C-	28	$693,600	21	$1,504,166	0	$0	49	$2,197,766
D	207	$6,447,800	32	$1,341,429	0	$0	239	$7,789,229
Unknown	4	$113,175	0	$0	0	$0	4	$113,175
Remaining Pool	85	$2,414,839	13	$697,243	0	$0	98	$3,112,082
LTV/WAC	55.11%	11.50%	67.35%	11.53%	0.00%	0.00%	57.86%	11.50%
A/A-	35	$1,044,736	6	$316,904	0	$0	41	$1,361,640
B	12	$376,316	2	$125,303	0	$0	14	$501,619
C	12	$336,540	0	$0	0	$0	12	$336,540
C-	2	$43,489	2	$166,127	0	$0	4	$209,616
D	24	$613,758	3	$88,909	0	$0	27	$702,667
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	87.50%	$21,943,850	90.26%	$7,071,555	0.00%	$0	88.16%	$29,015,405
Delinquency Status
CURRENT	83	$2,389,829	12	$611,678	0	$0	95	$3,001,507
30-59	0	$0	1	$85,566	0	$0	1	$85,566
60-89	0	$0	0	$0	0	$0	0	$0
90-119	1	$17,129	0	$0	0	$0	1	$17,129
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+	1	$7,880	0	$0	0	$0	1	$7,880
REO	0	$0	0	$0	0	$0	0	$0
90+REO	2	$25,009	-	$0	-	$0	2	$25,009
Loss To Date
% to Original Pool Balance	1.25%	$313,172	3.62%	$283,249	0.00%	$0	1.81%	$596,421
Severity	35.05%		50.94%		0.00%		41.15%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	1.91%	$176,728	1.51%	$36,639	0.00%	$0	1.82%	$213,367
B	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
C	0.45%	$25,910	6.56%	$111,275	0.00%	$0	1.83%	$137,185
C-	0.00%	$0	2.55%	$38,392	0.00%	$0	1.75%	$38,392
D	1.71%	$110,533	7.23%	$96,943	0.00%	$0	2.66%	$207,476
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	0.61%	$27,776	0.00%	$0	0.00%	$0	0.61%	$27,776
2-4 Unit	0.00%	$0	3.37%	$22,516	0.00%	$0	1.25%	$22,516
NIV	4.35%	$234,933	11.21%	$24,588	0.00%	$0	4.62%	$259,521
Non-Owner	0.00%	$0	11.39%	$31,605	0.00%	$0	1.57%	$31,605
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%	4.10%	0.00%	0.00%	0.00%	0.00%	0.00%	3.60%
2-4, LOW, NIV	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
As of: May 2002

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1994-B
Fixed Rate Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	476	$17,797,985	25	$1,930,050	0	$0	501	$19,728,035
LTV/WAC	54.73%	11.02%	57.62%	10.86%	0.00%	0.00%	55.01%	11.00%
NON/2-4	7.47%	2.86%	0.00%	0.00%	0.00%	0.00%	10.22%	9.11%
Low/NIV	0.00%	0.00%	8.81%	28.81%	0.00%	0.00%	23.05%	28.48%
A/A-	142	$5,490,200	5	$361,950	0	$0	147	$5,852,150
B	102	$3,884,745	1	$112,500	0	$0	103	$3,997,245
C	85	$3,167,250	1	$105,000	0	$0	86	$3,272,250
C-	16	$502,200	3	$221,700	0	$0	19	$723,900
D	130	$4,729,590	4	$306,500	0	$0	134	$5,036,090
Unknown	1	$24,000	11	$822,400	0	$0	12	$846,400
Remaining Pool	63	$1,372,088	6	$355,241	0	$0	69	$1,727,329
LTV/WAC	53.04%	10.74%	60.60%	9.96%	0.00%	0.00%	54.59%	10.58%
A/A-	18	$407,784	2	$110,426	0	$0	20	$518,209
B	14	$294,542	1	$104,477	0	$0	15	$399,019
C	11	$202,749	0	$0	0	$0	11	$202,749
C-	1	$20,295	1	$49,813	0	$0	2	$70,107
D	18	$424,986	2	$90,526	0	$0	20	$515,512
Unknown	1	$21,732	0	$0	0	$0	1	$21,732
Paid Off	88.05%	$15,671,040	78.94%	$1,523,600	0.00%	$0	87.16%	$17,194,640
Delinquency Status
CURRENT	61	$1,350,532	6	$355,241	0	$0	67	$1,705,773
30-59	1	$11,166	0	$0	0	$0	1	$11,166
60-89	1	$10,390	0	$0	0	$0	1	$10,390
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	1.12%	$200,161	0.00%	$0	0.00%	$0	1.01%	$200,161
Severity	36.72%		#DIV/0!		0.00%		36.72%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
B	1.46%	$56,674	0.00%	$0	0.00%	$0	1.42%	$56,674
C	1.02%	$32,182	0.00%	$0	0.00%	$0	0.98%	$32,182
C-	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
D	2.35%	$111,305	0.00%	$0	0.00%	$0	2.21%	$111,305
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	4.61%	$23,477	0.00%	$0	0.00%	$0	4.61%	$23,477
NIV	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
Non-Owner	3.15%	$41,835	0.00%	$0	0.00%	$0	3.15%	$41,835
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: May 2002

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 1994-A
Fixed Rate Loans
	Retail		Correspondent		Broker		Total
Category	#	$	#	$	#	$	#	$
Original Pool	334	$11,608,770	6	$219,100	0	$0	340	$11,827,870
LTV/WAC	50.65%	10.72%	60.44%	11.28%	0.00%	0.00%	50.83%	10.73%
NON/2-4	7.25%	4.36%	0.00%	0.00%	0.00%	0.00%	17.05%	15.19%
Low/NIV	0.48%	10.87%	0.00%	60.61%	0.00%	0.00%	38.44%	47.50%
A/A-	20	$630,000	0	$0	0	$0	20	$630,000
B	104	$3,623,440	2	$86,200	0	$0	106	$3,709,640
C	39	$1,581,150	0	$0	0	$0	39	$1,581,150
C-	20	$705,725	1	$46,600	0	$0	21	$752,325
D	76	$2,596,655	0	$0	0	$0	76	$2,596,655
Unknown	75	$2,471,800	3	$86,300	0	$0	78	$2,558,100
Remaining Pool	37	$942,301	3	$102,998	0	$0	40	$1,045,299
LTV/WAC	51.39%	10.62%	59.92%	11.18%	0.00%	0.00%	52.23%	10.67%
A/A-	1	$16,572	0	$0	0	$0	1	$16,572
B	16	$326,024	1	$57,936	0	$0	17	$383,960
C	4	$106,517	0	$0	0	$0	4	$106,517
C-	1	$33,549	1	$30,910	0	$0	2	$64,459
D	7	$193,419	0	$0	0	$0	7	$193,419
Unknown	8	$266,219	1	$14,152	0	$0	9	$280,371
Paid Off	87.38%	$10,143,515	40.76%	$89,300	0.00%	$0	86.51%	$10,232,815
Delinquency Status
CURRENT	37	$942,301	3	$102,998	0	$0	40	$1,045,299
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	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	0.29%	$33,295	0.00%	$0	0.00%	$0	0.28%	$33,295
Severity	8.47%		0.00%		0.00%		8.47%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
B	0.35%	$12,778	0.00%	$0	0.00%	$0	0.34%	$12,778
C	0.26%	$4,190	0.00%	$0	0.00%	$0	0.26%	$4,190
C-	-1.10%	($7,743)	0.00%	$0	0.00%	$0	-1.03%	($7,743)
D	-0.07%	($1,704)	0.00%	$0	0.00%	$0	-0.07%	($1,704)
Unknown	1.04%	$25,773	0.00%	$0	0.00%	$0	1.01%	$25,773
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	-0.15%	($1,231)	0.00%	$0	0.00%	$0	-0.15%	($1,231)
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: May 2002