December 2002 Arm Loan

EX-99 3 dec02arm.htm EXHIBIT 99.1 ARM LOANS December 2002 Arm Loan

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 2002-1
ARM Loans
	Retail		Correspondent		Broker		NLC		Total
Category	#	$	#	$	#	$	#	$	#	$
Original	84	$9,321,571	0	$0	74	$7,267,202	0	$0	158	$16,588,773
LTV/WAC	74.54%	8.97%	0.00%	0.00%	80.31%	9.13%	0.00%	0.00%	77.07%	9.04%
NON/2-4	2.63%	10.91%	0.00%	0.00%	3.03%	13.93%	0.00%	0.00%	2.80%	12.24%
Low/NIV	0.00%	19.71%	0.00%	0.00%	1.04%	19.78%	0.00%	0.00%	0.46%	19.74%
A/A-	34	$4,372,050	0	$0	42	$4,535,841	0	$0	76	$8,907,891
B	32	$3,449,595	0	$0	18	$1,763,851	0	$0	50	$5,213,446
C	8	$579,060	0	$0	8	$670,000	0	$0	16	$1,249,060
C-	0	$0	0	$0	5	$261,960	0	$0	5	$261,960
D	10	$920,866	0	$0	1	$35,550	0	$0	11	$956,416
Remaining	69	$6,831,602	0	$0	69	$6,433,074	0	$0	138	$13,264,677
LTV/WAC	74.13%	8.95%	0.00%	0.00%	79.91%	9.18%	0.00%	0.00%	76.93%	9.06%
A/A-	29	$3,407,727	0	$0	39	$3,949,441	0	$0	68	$7,357,168
B	24	$2,329,207	0	$0	18	$1,752,832	0	$0	42	$4,082,039
C	7	$456,141	0	$0	6	$434,245	0	$0	13	$890,386
C-	0	$0	0	$0	5	$261,107	0	$0	5	$261,107
D	9	$638,527	0	$0	1	$35,449	0	$0	4	$287,341
Paid Off	26.28%	$2,449,910	0.00%	$0	10.93%	$794,650	0.00%	$0	19.56%	$3,244,560
Status
CURRENT	62	$6,265,676	0	$0	66	$6,011,220	0	$0	128	$12,276,897
30-59	2	$100,962	0	$0	2	$186,379	0	$0	4	$287,341
60-89	1	$112,534	0	$0	0	$0	0	$0	1	$112,534
90-119	1	$86,130	0	$0	1	$235,475	0	$0	2	$321,604
120-219	2	$144,835	0	$0	0	$0	0	$0	2	$144,835
180-269	1	$121,465	0	$0	0	$0	0	$0	1	$121,465
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	4	$352,430	-	$0	1	$235,475	-	$0	5	$587,904
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%	2.36%	0.00%	0.00%	5.96%	0.00%	0.00%	0.00%	3.20%	1.35%
C- , D, NON	0.00%	46.58%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	44.13%
2-4, LOW , NIV	21.49%	0.00%	0.00%	0.00%	37.09%	0.00%	0.00%	0.00%	27.68%	0.00%
As of: December 2002

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 2001-4
ARM Loans
	Retail		Correspondent		Broker		NLC		Total
Category	#	$	#	$	#	$	#	$	#	$
Original	111	$10,454,638	0	$0	88	$6,656,939	0	$0	199	$17,111,577
LTV/WAC	76.52%	10.44%	0.00%	0.00%	76.98%	10.70%	0.00%	0.00%	76.70%	10.54%
NON/2-4	6.36%	14.28%	0.00%	0.00%	7.10%	5.09%	0.00%	0.00%	6.64%	10.71%
Low/NIV	0.00%	10.94%	0.00%	0.00%	1.02%	30.95%	0.00%	0.00%	0.40%	18.73%
A/A-	26	$2,997,358	0	$0	30	$2,407,550	0	$0	56	$5,404,908
B	42	$3,930,025	0	$0	26	$1,689,229	0	$0	68	$5,619,254
C	25	$2,258,505	0	$0	16	$1,472,000	0	$0	41	$3,730,505
C-	4	$203,400	0	$0	12	$761,250	0	$0	16	$964,650
D	14	$1,065,350	0	$0	4	$326,910	0	$0	18	$1,392,260
Remaining	72	$5,846,880	0	$0	68	$5,039,482	0	$0	140	$10,886,362
LTV/WAC	76.15%	10.34%	0.00%	0.00%	78.62%	10.51%	0.00%	0.00%	77.29%	10.42%
A/A-	20	$2,208,250	0	$0	24	$1,942,530	0	$0	44	$4,150,780
B	27	$1,888,058	0	$0	22	$1,438,574	0	$0	49	$3,326,631
C	16	$1,180,897	0	$0	10	$949,478	0	$0	26	$2,130,376
C-	0	$0	0	$0	10	$611,519	0	$0	10	$611,519
D	9	$569,675	0	$0	2	$97,381	0	$0	11	$667,056
Paid Off	43.65%	$4,563,958	0.00%	$0	23.38%	$1,556,390	0.00%	$0	35.77%	$6,120,348
Status
CURRENT	60	$4,911,714	0	$0	53	$4,196,162	0	$0	113	$9,107,876
30-59	4	$379,226	0	$0	4	$225,201	0	$0	8	$604,427
60-89	1	$81,531	0	$0	3	$184,347	0	$0	4	$265,877
90-119	0	$0	0	$0	0	$0	0	$0	0	$0
120-219	3	$257,604	0	$0	2	$115,583	0	$0	5	$373,186
180-269	1	$64,353	0	$0	3	$140,434	0	$0	4	$204,788
270-359	3	$152,452	0	$0	2	$117,864	0	$0	5	$270,316
360+	0	$0	0	$0	0	$0	0	$0	0	$0
REO	0	$0	0	$0	1	$59,892	0	$0	1	$59,892
90+REO	7	$474,409	-	$0	8	$433,773	-	$0	15	$908,182
Loss To Date
% to Original	0.36%	$37,351	0.00%	$0	0.28%	$18,917	0.00%	$0	0.33%	$56,268
Severity	48.56%		0.00%		40.45%		0.00%		45.50%
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	1.12%	$18,917	0.00%	$0	0.34%	$18,917
C	1.65%	$37,351	0.00%	$0	0.00%	$0	0.00%	$0	6.11%	$37,351
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%	16.21%	0.00%	0.00%	7.16%	6.42%	0.00%	0.00%	3.35%	11.98%
C- , D, NON	0.00%	0.00%	0.00%	0.00%	7.04%	100.00%	0.00%	0.00%	7.04%	14.60%
2-4, LOW , NIV	8.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	5.02%	0.00%
As of: December 2002

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	11	$667,942	0	$0	23	$1,684,145	0	$0	34	$2,352,087
LTV/WAC	78.52%	10.40%	0.00%	0.00%	78.18%	11.03%	0.00%	0.00%	78.27%	10.85%
A/A-	2	$88,775	0	$0	7	$483,571	0	$0	9	$572,346
B	5	$445,593	0	$0	7	$515,257	0	$0	12	$960,850
C	4	$133,575	0	$0	4	$338,002	0	$0	8	$471,577
C-	0	$0	0	$0	3	$221,458	0	$0	3	$221,458
D	0	$0	0	$0	2	$125,857	0	$0	2	$125,857
Paid Off	41.49%	$478,100	0.00%	$0	38.77%	$1,075,550	0.00%	$0	39.57%	$1,553,650
Status
CURRENT	9	$617,867	0	$0	18	$1,372,209	0	$0	27	$1,990,076
30-59	0	$0	0	$0	1	$67,891	0	$0	1	$67,891
60-89	0	$0	0	$0	1	$33,039	0	$0	1	$33,039
90-119	0	$0	0	$0	1	$27,832	0	$0	1	$27,832
120-219	0	$0	0	$0	1	$111,367	0	$0	1	$111,367
180-269	1	$24,614	0	$0	0	$0	0	$0	1	$24,614
270-359	0	$0	0	$0	1	$71,807	0	$0	1	$71,807
360+	1	$25,462	0	$0	0	$0	0	$0	1	$25,462
REO	0	$0	0	$0	0	$0	0	$0	0	$0
90+REO	2	$50,076	-	$0	3	$211,006	-	$0	5	$261,082
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%	5.76%	13.94%	0.00%	0.00%	4.86%	7.47%
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: December 2002

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	159.48%	$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	58	$4,720,323	0	$0	50	$4,348,178	0	$0	108	$9,068,501
LTV/WAC	77.81%	10.49%	0.00%	0.00%	81.67%	10.45%	0.00%	0.00%	79.66%	10.47%
A/A-	22	$1,614,562	0	$0	27	$2,891,962	0	$0	49	$4,506,524
B	20	$1,759,694	0	$0	15	$1,013,098	0	$0	35	$2,772,792
C	14	$1,161,613	0	$0	6	$245,211	0	$0	20	$1,406,824
C-	0	$0	0	$0	1	$48,019	0	$0	1	$48,019
D	2	$184,454	0	$0	1	$149,888	0	$0	3	$334,342
Paid Off	43.30%	$3,635,600	0.00%	$0	28.41%	$1,739,836	0.00%	$0	37.02%	$5,375,436
Status
CURRENT	29	$2,604,380	0	$0	31	$2,895,030	0	$0	60	$5,499,410
30-59	4	$409,424	0	$0	4	$283,865	0	$0	8	$693,289
60-89	1	$163,215	0	$0	0	$0	0	$0	1	$163,215
90-119	4	$306,837	0	$0	0	$0	0	$0	4	$306,837
120-179	1	$152,811	0	$0	4	$318,305	0	$0	5	$471,116
180-269	3	$176,327	0	$0	1	$35,782	0	$0	4	$212,108
270-359	2	$64,335	0	$0	1	$35,090	0	$0	3	$99,425
360+	8	$448,663	0	$0	3	$193,062	0	$0	11	$641,725
REO	6	$394,332	0	$0	6	$587,045	0	$0	12	$981,377
90+REO	24	$1,543,304	-	$0	15	$1,169,283	-	$0	39	$2,712,587
Loss To Date
% to Original	0.96%	$80,873	0.00%	$0	0.87%	$53,473	0.00%	$0	0.93%	$134,347
Severity	31.12%		0.00%		81.11%		0.00%		41.24%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	0.28%	$7,500	0.00%	$0	0.00%	$0	0.00%	$0	0.11%	$7,500
B	0.00%	$0	0.00%	$0	1.69%	$25,965	0.00%	$0	0.61%	$25,965
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	1.48%	$27,508	0.00%	$0	0.99%	$27,508
Non-Owner	3.56%	$73,373	0.00%	$0	0.00%	$0	0.00%	$0	2.91%	$73,373
90+ & REO
A/A-, B , C	49.25%	25.76%	0.00%	0.00%	24.45%	35.07%	0.00%	0.00%	33.33%	29.16%
C- , D, NON	0.00%	38.57%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	21.28%
2-4, LOW , NIV	42.75%	13.05%	0.00%	0.00%	43.46%	0.00%	0.00%	0.00%	43.13%	13.05%
As of: December 2002

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	12	$1,369,705	1	$133,781	57	$5,341,720	0	$0	70	$6,845,206
LTV/WAC	74.38%	10.63%	77.20%	11.03%	89.93%	10.57%	0.00%	0.00%	86.57%	10.59%
A/A-	2	$173,055	0	$0	52	$5,001,985	0	$0	54	$5,175,040
B	5	$504,602	1	$133,781	4	$268,850	0	$0	10	$907,233
C	4	$578,802	0	$0	1	$70,885	0	$0	5	$649,687
C-	1	$113,246	0	$0	0	$0	0	$0	1	$113,246
D	0	$0	0	$0	0	$0	0	$0	0	$0
Paid Off	42.07%	$1,000,897	0.00%	$0	46.78%	$4,744,340	0.00%	$0	45.40%	$5,745,237
Status
CURRENT	6	$632,120	1	$133,781	49	$4,286,371	0	$0	56	$5,052,272
30-59	0	$0	0	$0	1	$50,831	0	$0	1	$50,831
60-89	0	$0	0	$0	1	$150,911	0	$0	1	$150,911
90-119	0	$0	0	$0	0	$0	0	$0	0	$0
120-179	1	$58,286	0	$0	0	$0	0	$0	1	$58,286
180-269	0	$0	0	$0	1	$172,932	0	$0	1	$172,932
270-359	0	$0	0	$0	0	$0	0	$0	0	$0
360+	3	$118,177	0	$0	4	$338,674	0	$0	7	$456,851
REO	2	$561,122	0	$0	1	$342,000	0	$0	3	$903,122
90+REO	6	$737,585	-	$0	6	$853,607	-	$0	12	$1,591,192
Loss To Date
% to Original	5.48%	$130,303	0.00%	$0	1.30%	$131,642	0.00%	$0	2.07%	$261,944
Severity	51.94%		0.00%		37.95%		0.00%		43.82%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	32.40%	$80,766	0.00%	$0	1.37%	$131,642	0.00%	$0	2.16%	$212,408
B	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
C	4.59%	$49,537	0.00%	$0	0.00%	$0	0.00%	$0	4.31%	$49,537
C-	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
D	0.00%	$73,373	0.00%	$0	0.00%	$27,508	0.00%	$0	0.00%	$100,881
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	3.73%	$35,205	0.00%	$0	2.96%	$35,205
NIV	38.83%	$80,766	0.00%	$0	0.00%	$0	0.00%	$0	5.34%	$80,766
Non-Owner	0.00%	$0	0.00%	$0	6.03%	$47,898	0.00%	$0	4.52%	$47,898
90+ & REO
A/A-, B , C	23.82%	56.00%	0.00%	0.00%	15.19%	34.87%	0.00%	0.00%	15.48%	41.48%
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	19.95%	0.00%	0.00%	0.00%	30.33%	0.00%	0.00%	0.00%	25.76%	0.00%
As of: December 2002

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	412	$38,877,979	20	$2,192,480	1067	$105,389,718	10	$931,838	1509	$147,392,014
LTV/WAC	75.83%	10.75%	71.43%	9.86%	80.32%	10.67%	77.97%	11.51%	78.99%	10.69%
A/A-	101	$11,033,608	3	$229,520	538	$60,880,807	3	$209,046	645	$72,352,982
B	150	$14,227,606	12	$1,447,737	284	$27,602,989	3	$197,215	449	$43,475,548
C	105	$8,842,283	4	$459,533	174	$12,742,834	3	$476,904	286	$22,521,555
C-	26	$2,376,316	1	$55,689	50	$3,086,546	1	$48,673	78	$5,567,224
D	30	$2,398,165	0	$0	21	$1,076,541	0	$0	51	$3,474,706
Paid Off	50.79%	$40,581,855	76.14%	$7,095,924	54.29%	$126,673,185	44.95%	$768,950	54.00%	$175,119,914
Status
CURRENT	241	$22,116,313	14	$1,419,291	720	$73,424,193	7	$733,425	982	$97,693,221
30-59	38	$4,194,619	2	$229,153	59	$5,376,526	0	$0	99	$9,800,297
60-89	12	$1,085,343	0	$0	36	$3,282,489	0	$0	48	$4,367,833
90-119	9	$1,625,534	1	$205,868	22	$2,118,751	0	$0	32	$3,950,154
120-179	14	$1,161,005	1	$84,172	38	$3,223,720	1	$97,866	54	$4,566,763
180-269	22	$1,771,502	0	$0	44	$4,031,670	1	$48,673	67	$5,851,845
270-359	22	$2,075,614	1	$79,328	30	$3,081,328	0	$0	53	$5,236,271
360+	30	$3,073,715	0	$0	78	$7,119,121	0	$0	108	$10,192,836
REO	24	$1,774,333	1	$174,668	40	$3,731,919	1	$51,874	66	$5,732,794
90+REO	121	$11,481,703	4	$544,037	252	$23,306,510	3	$198,413	380	$35,530,663
Loss To Date
% to Original	1.66%	$1,322,571	1.57%	$146,054	1.10%	$2,568,762	0.00%	$0	1.25%	$4,037,386
Severity	31.18%		51.11%		37.87%		0.00%		35.69%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	0.93%	$223,380	2.79%	$124,919	0.48%	$658,777	0.00%	$0	0.61%	$1,007,076
B	1.60%	$422,168	0.66%	$21,135	1.04%	$621,787	0.00%	$0	1.18%	$1,065,090
C	3.07%	$586,783	0.00%	$0	3.39%	$961,338	0.00%	$0	3.14%	$1,548,122
C-	1.29%	$61,126	0.00%	$0	5.23%	$282,701	0.00%	$0	3.31%	$343,827
D	0.52%	$29,113	0.00%	$0	1.57%	$44,158	0.00%	$0	0.86%	$73,271
Loss by Characteristic	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
Low Doc	0.84%	$112,442	0.00%	$0	4.92%	$251,893	0.00%	$0	1.95%	$364,335
2-4 Unit	5.80%	$136,926	0.00%	$0	1.47%	$193,277	0.00%	$0	2.00%	$330,203
NIV	0.93%	$42,694	7.97%	$76,134	1.52%	$875,035	0.00%	$0	1.57%	$993,864
Non-Owner	4.00%	$137,604	0.00%	$0	0.07%	$6,652	0.00%	$0	1.11%	$144,256
90+ & REO
A/A-, B , C	19.86%	25.98%	34.56%	20.03%	16.07%	27.37%	46.82%	26.30%	16.79%	26.66%
C- , D, NON	48.32%	61.00%	0.00%	0.00%	45.66%	41.22%	100.00%	0.00%	46.81%	54.87%
2-4, LOW , NIV	8.55%	29.16%	0.00%	0.00%	22.04%	20.19%	0.00%	0.00%	20.73%	26.65%
As of: December 2002

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	262	$20,501,455	18	$1,919,236	826	$69,294,577	17	$1,698,975	1123	$93,414,242
LTV/WAC	74.48%	10.68%	72.22%	10.75%	78.41%	11.03%	78.41%	9.78%	77.42%	10.92%
A/A-	67	$5,421,612	8	$887,765	359	$35,203,826	7	$996,133	441	$42,509,335
B	92	$8,310,759	5	$719,461	230	$17,857,407	6	$410,972	333	$27,298,598
C	57	$4,516,732	3	$211,635	158	$11,314,684	3	$244,981	221	$16,288,032
C-	19	$923,601	1	$65,989	47	$2,799,554	1	$46,889	68	$3,836,034
D	27	$1,328,751	1	$34,386	32	$2,119,107	0	$0	60	$3,482,244
Paid Off	56.11%	$26,536,875	74.40%	$5,649,480	63.58%	$122,657,267	50.73%	$1,776,807	62.32%	$156,620,429
Status
CURRENT	161	$12,137,045	12	$1,358,054	510	$43,540,910	10	$836,992	693	$57,873,001
30-59	17	$1,684,012	1	$71,092	58	$4,917,654	1	$37,320	77	$6,710,078
60-89	11	$633,718	0	$0	18	$1,478,416	0	$0	29	$2,112,134
90-119	5	$622,041	0	$0	8	$567,591	0	$0	13	$1,189,632
120-179	8	$488,916	0	$0	34	$2,855,236	1	$47,698	43	$3,391,850
180-269	11	$888,019	0	$0	49	$4,201,918	1	$59,774	61	$5,149,710
270-359	8	$586,455	1	$51,395	26	$1,668,825	0	$0	35	$2,306,674
360+	29	$2,664,938	2	$68,655	78	$6,997,844	3	$629,995	112	$10,361,432
REO	12	$796,312	2	$370,040	45	$3,066,183	1	$87,197	60	$4,319,732
90+REO	73	$6,046,680	5	$490,089	240	$19,357,597	6	$824,664	324	$26,719,029
Loss To Date
% to Original	2.20%	$1,039,227	1.16%	$87,870	1.52%	$2,940,946	-0.47%	-$16,392	1.61%	$4,051,651
Severity	32.36%		48.31%		36.91%		-30.39%		35.49%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	2.59%	$298,797	0.00%	$0	0.59%	$606,725	0.00%	$0	0.75%	$905,522
B	0.65%	$105,370	2.60%	$49,791	2.35%	$1,222,226	0.00%	$0	1.94%	$1,377,388
C	2.29%	$296,879	2.59%	$26,388	2.85%	$772,637	-3.00%	($16,392)	2.63%	$1,095,904
C-	4.74%	$130,492	0.00%	$0	4.43%	$277,345	0.00%	$0	4.27%	$407,837
D	5.37%	$207,688	18.14%	$11,691	1.23%	$62,013	0.00%	$0	3.11%	$281,392
Loss by Characteristic	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
Low Doc	3.46%	$235,895	0.00%	$0	3.49%	$203,984	0.00%	$0	3.47%	$439,879
2-4 Unit	7.07%	$134,149	0.00%	$0	2.41%	$286,115	0.00%	$0	2.97%	$420,265
NIV	5.00%	$126,804	0.00%	$0	2.14%	$1,123,905	0.00%	$0	2.23%	$1,250,709
Non-Owner	5.62%	$169,651	0.00%	$0	2.06%	$147,422	0.00%	$0	3.03%	$317,073
90+ & REO
A/A-, B , C	20.55%	27.17%	41.68%	7.14%	21.55%	22.20%	48.59%	59.87%	22.48%	23.88%
C- , D, NON	48.66%	43.11%	0.00%	100.00%	43.58%	65.57%	100.00%	0.00%	44.74%	57.34%
2-4, LOW , NIV	23.39%	41.04%	29.46%	0.00%	39.68%	21.49%	0.00%	0.00%	35.97%	30.32%
As of: December 2002

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	18	$1,137,587	33	$3,770,018	619	$48,434,921	670	$53,342,526
LTV/WAC	75.77%	9.32%	81.74%	9.84%	79.67%	10.35%	79.73%	10.29%
A/A-	7	$559,642	20	$2,693,509	322	$28,724,136	349	$31,977,288
B	4	$194,479	10	$867,404	184	$13,150,842	198	$14,212,724
C	2	$111,229	3	$209,105	40	$2,749,802	45	$3,070,136
C-	4	$252,543	0	$0	15	$986,675	19	$1,239,218
D	1	$19,694	0	$0	58	$2,823,467	59	$2,843,161
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	76.93%	$3,873,100	67.52%	$8,275,346	62.78%	$95,390,666	63.54%	$107,539,112
Status
CURRENT	14	$882,201	29	$3,266,672	490	$38,030,518	533	$42,179,391
30-59	0	$0	0	$0	16	$1,229,770	16	$1,229,770
60-89	0	$0	0	$0	7	$537,803	7	$537,803
90-119	1	$65,624	2	$254,945	8	$737,721	11	$1,058,290
120-179	0	$0	1	$80,378	18	$1,436,869	19	$1,517,247
180-269	0	$0	0	$0	18	$1,336,968	18	$1,336,968
270-359	1	$87,027	0	$0	13	$724,191	14	$811,218
360+	1	$45,342	1	$168,023	26	$2,707,884	28	$2,921,249
REO	1	$57,392	0	$0	23	$1,693,197	24	$1,750,589
90+REO	4	$255,385	4	$503,346	106	$8,636,830	114	$9,395,561
Loss To Date
% to Original	0.38%	$19,053	1.56%	$190,942	5.38%	$8,181,935	4.96%	$8,391,930
Severity	10.21%		30.86%		47.13%		46.19%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.69%	$20,049	0.61%	$41,858	2.97%	$2,582,345	2.73%	$2,644,252
B	0.00%	$0	1.80%	$63,869	6.53%	$2,574,274	6.01%	$2,638,143
C	0.00%	$0	2.07%	$25,154	10.26%	$1,170,948	9.31%	$1,196,102
C-	0.00%	$0	-0.74%	($1,659)	12.61%	$387,392	10.59%	$385,733
D	-0.16%	($996)	13.67%	$61,720	13.45%	$1,466,975	12.77%	$1,527,699
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	10.86%	$724,605	9.86%	$724,605
2-4 Unit	0.00%	$0	0.00%	$0	11.47%	$1,043,562	9.78%	$1,043,562
NIV	0.00%	$0	2.08%	$36,285	5.20%	$2,169,622	4.95%	$2,205,907
Non-Owner	0.00%	$0	0.00%	$0	13.49%	$619,451	11.79%	$619,451
90+ & REO as % Rem
A/A- , B, C	0.00%	0.00%	16.30%	0.00%	14.40%	17.40%	14.30%	16.10%
C- , D, NON	78.40%	0.00%	0.00%	0.00%	45.20%	33.40%	52.00%	33.20%
2-4, LOW, NIV	36.70%	100.00%	0.00%	0.00%	23.20%	19.70%	21.30%	25.30%
As of: December 2002

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	26	$2,302,973	10	$782,412	586	$43,315,407	622	$46,400,793
LTV/WAC	80.56%	8.42%	72.64%	11.09%	76.93%	10.43%	77.03%	10.34%
A/A-	15	$1,647,686	3	$352,941	254	$21,323,742	272	$23,324,370
B	8	$492,545	1	$35,870	179	$13,044,779	188	$13,573,194
C	1	$66,573	2	$80,381	52	$2,715,645	55	$2,862,599
C-	0	$0	0	$0	18	$965,836	18	$965,836
D	2	$96,169	4	$313,220	83	$5,265,405	89	$5,674,794
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	73.92%	$7,970,500	82.44%	$4,921,115	72.86%	$134,899,170	73.20%	$147,790,785
Delinquency Status
CURRENT	21	$2,017,509	10	$782,412	458	$33,580,651	489	$36,380,572
30-59	0	$0	0	$0	17	$1,148,103	17	$1,148,103
60-89	0	$0	0	$0	13	$859,330	13	$859,330
90-119	1	$37,130	0	$0	11	$625,986	12	$663,116
120-179	1	$70,858	0	$0	19	$1,779,615	20	$1,850,473
180-269	0	$0	0	$0	16	$953,535	16	$953,535
270-359	2	$125,612	0	$0	13	$1,008,093	15	$1,133,705
360+	0	$0	0	$0	25	$2,088,178	25	$2,088,178
REO	1	$51,865	0	$0	14	$1,271,916	15	$1,323,781
90+REO	5	$285,465	-	$0	98	$7,727,323	103	$8,012,788
Loss To Date
% to Original Pool Balance	0.83%	$89,134	4.03%	$240,608	4.89%	$9,045,251	4.64%	$9,374,993
Severity	14.59%		43.85%		44.93%		44.03%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.00%	$0	0.00%	$0	2.84%	$2,708,431	2.59%	$2,708,431
B	1.16%	$27,899	10.89%	$139,156	5.92%	$2,868,748	5.82%	$3,035,803
C	4.08%	$24,466	0.00%	$0	7.53%	$1,104,632	7.24%	$1,129,098
C-	0.00%	$0	16.67%	$10,038	5.07%	$232,993	5.14%	$243,031
D	3.56%	$36,769	5.52%	$91,414	9.61%	$2,130,447	9.09%	$2,258,630
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	3.70%	$24,281	0.00%	$0	7.81%	$675,629	7.43%	$699,910
2-4 Unit	2.41%	$25,375	0.00%	$0	9.86%	$980,824	8.67%	$1,006,199
NIV	2.55%	$53,274	2.97%	$50,442	4.65%	$2,694,740	4.53%	$2,798,456
Non-Owner	6.53%	$25,375	0.00%	$0	11.21%	$1,028,322	10.99%	$1,053,697
90+ & REO as % Rem
A/A- , B, C	4.30%	10.50%	0.00%	0.00%	8.10%	20.60%	7.70%	20.20%
C- , D, NON	0.00%	100.00%	0.00%	0.00%	14.60%	46.40%	14.60%	44.70%
2-4, LOW, NIV	23.00%	34.20%	0.00%	0.00%	27.70%	32.20%	27.00%	31.80%
As of: December 2002

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	33	$2,856,939	73	$7,022,134	291	$21,788,392	397	$31,667,466
LTV/WAC	80.37%	8.84%	81.91%	10.02%	79.50%	9.93%	80.11%	9.85%
A/A-	17	$1,759,581	50	$5,098,798	159	$13,449,582	226	$20,307,961
B	11	$789,045	15	$1,295,320	91	$5,918,315	117	$8,002,680
C	2	$179,664	0	$0	11	$772,404	13	$952,068
C-	1	$36,294	1	$51,652	10	$693,355	12	$781,301
D	2	$92,356	7	$576,364	20	$954,736	29	$1,623,456
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	83.02%	$17,543,000	89.40%	$68,481,135	83.22%	$134,706,587	85.03%	$220,730,722
Delinquency Status
CURRENT	24	$2,068,546	69	$6,522,506	256	$18,959,424	349	$27,550,476
30-59	1	$87,249	1	$41,009	12	$796,231	14	$924,489
60-89	1	$45,497	1	$295,516	2	$72,311	4	$413,324
90-119	3	$327,296	0	$0	4	$332,681	7	$659,977
120-179	0	$0	0	$0	4	$365,606	4	$365,606
180-269	1	$118,971	1	$84,614	5	$584,064	7	$787,649
270-359	0	$0	1	$78,489	3	$276,252	4	$354,741
360+	2	$147,043	0	$0	2	$144,198	4	$291,241
REO	1	$62,338	0	$0	3	$257,625	4	$319,963
90+REO	7	$655,648	2	$163,103	21	$1,960,426	30	$2,779,177
Loss To Date
% to Original Pool Balance	4.70%	$993,332	4.35%	$3,334,806	4.15%	$6,715,249	4.25%	$11,043,387
Severity	40.64%		34.90%		36.42%		36.29%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	3.46%	$510,502	3.03%	$1,483,200	3.19%	$3,220,654	3.17%	$5,214,356
B	6.65%	$326,448	6.22%	$1,027,364	4.79%	$2,098,995	5.29%	$3,452,807
C	8.97%	$82,068	7.19%	$287,521	7.40%	$602,929	7.44%	$972,518
C-	0.00%	$0	0.00%	$0	6.24%	$155,045	5.15%	$155,045
D	17.83%	$74,315	8.05%	$536,721	9.91%	$637,626	9.23%	$1,248,662
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	1.91%	$64,706	4.74%	$320,296
2-4 Unit	12.39%	$113,963	4.80%	$204,881	5.50%	$415,610	5.77%	$734,454
NIV	9.18%	$310,163	4.14%	$947,659	4.25%	$2,178,243	4.43%	$3,436,065
Non-Owner	6.23%	$36,719	12.58%	$53,047	5.43%	$441,126	5.81%	$530,892
90+ & REO as % Rem
A/A- , B, C	17.70%	23.10%	1.70%	0.00%	9.00%	5.90%	7.90%	6.60%
C- , D, NON	0.00%	75.50%	0.00%	13.60%	45.70%	9.10%	40.60%	14.50%
2-4, LOW, NIV	0.00%	76.20%	0.00%	0.00%	5.70%	44.50%	3.70%	37.20%
As of: December 2002

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	32	$2,831,069	108	$10,372,460	397	$27,543,759	537	$40,747,288
LTV/WAC	76.78%	11.30%	79.27%	10.48%	77.79%	10.00%	78.10%	10.21%
A/A-	13	$1,262,054	57	$6,161,958	187	$15,146,170	257	$22,570,182
B	15	$1,260,659	22	$2,072,164	131	$8,299,641	168	$11,632,464
C	3	$208,482	12	$964,465	45	$2,222,903	60	$3,395,850
C-	1	$99,874	3	$182,278	11	$577,544	15	$859,696
D	0	$0	14	$991,595	23	$1,297,501	37	$2,289,096
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	85.72%	$17,745,500	90.84%	$116,447,843	85.90%	$193,767,125	87.58%	$327,960,468
Delinquency Status
CURRENT	27	$2,379,144	81	$7,755,826	332	$22,295,670	440	$32,430,640
30-59	0	$0	1	$108,521	4	$271,385	5	$379,906
60-89	1	$88,938	3	$342,672	1	$33,249	5	$464,859
90-119	2	$166,436	2	$188,532	3	$310,049	7	$665,017
120-179	2	$196,551	3	$266,248	11	$665,218	16	$1,128,017
180-269	0	$0	2	$144,655	10	$895,791	12	$1,040,446
270-359	0	$0	3	$290,995	7	$567,807	10	$858,802
360+	0	$0	10	$1,050,367	19	$1,554,287	29	$2,604,654
REO	0	$0	3	$224,644	10	$950,304	13	$1,174,948
90+REO	4	$362,987	23	$2,165,441	60	$4,943,456	87	$7,471,884
Loss To Date
% to Original Pool Balance	4.05%	$837,535	7.39%	$9,471,231	6.02%	$13,586,992	6.38%	$23,895,758
Severity	47.00%		45.27%		46.32%		45.92%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	3.02%	$335,573	5.79%	$4,856,026	3.93%	$5,134,514	4.58%	$10,326,113
B	2.74%	$168,428	8.34%	$2,096,790	7.48%	$4,758,401	7.40%	$7,023,619
C	6.94%	$140,645	8.44%	$604,097	13.61%	$1,910,205	11.43%	$2,654,947
C-	7.25%	$46,645	6.21%	$61,692	5.92%	$257,924	6.11%	$366,261
D	18.35%	$146,245	16.72%	$1,852,626	11.92%	$1,525,947	14.28%	$3,524,818
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	3.80%	$143,497	11.43%	$288,735	10.37%	$447,080	8.28%	$879,312
2-4 Unit	0.00%	$0	9.22%	$775,340	11.38%	$1,650,330	10.28%	$2,425,670
NIV	6.46%	$215,205	9.72%	$3,461,627	4.93%	$4,305,583	6.32%	$7,982,415
Non-Owner	11.09%	$111,443	40.81%	$475,348	13.87%	$2,044,320	15.56%	$2,631,111
90+ & REO as % Rem
A/A- , B, C	21.50%	0.00%	19.00%	18.80%	12.90%	20.70%	15.10%	18.10%
C- , D, NON	0.00%	0.00%	18.70%	24.40%	14.90%	52.40%	14.00%	40.30%
2-4, LOW, NIV	54.00%	0.00%	31.10%	100.00%	9.90%	41.70%	22.60%	45.30%
As of: December 2002

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	10	$872,895	48	$4,377,016	167	$12,735,137	225	$17,985,048
LTV/WAC	75.65%	11.20%	77.64%	11.27%	77.50%	9.91%	77.45%	10.30%
A/A-	8	$722,108	20	$2,107,197	74	$7,309,597	102	$10,138,902
B	1	$121,273	13	$1,038,798	59	$3,670,598	73	$4,830,670
C	0	$0	3	$488,703	19	$1,005,222	22	$1,493,925
C-	0	$0	0	$0	3	$142,973	3	$142,973
D	1	$29,514	12	$742,317	12	$606,747	25	$1,378,578
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	91.72%	$9,920,400	90.86%	$48,264,964	83.50%	$72,261,911	86.69%	$130,447,275
Delinquency Status
CURRENT	6	$440,855	38	$3,436,302	141	$10,895,865	185	$14,773,022
30-59	1	$101,553	0	$0	5	$354,621	6	$456,174
60-89	1	$29,514	2	$111,102	1	$24,955	4	$165,571
90-119	0	$0	0	$0	0	$0	0	$0
120-179	0	$0	0	$0	3	$314,776	3	$314,776
180-269	0	$0	1	$29,408	4	$137,408	5	$166,816
270-359	2	$300,974	0	$0	3	$238,369	5	$539,343
360+	0	$0	4	$388,363	7	$617,032	11	$1,005,395
REO	0	$0	3	$411,840	3	$152,111	6	$563,951
90+REO	2	$300,974	8	$829,611	20	$1,459,696	30	$2,590,281
Loss To Date
% to Original Pool Balance	1.17%	$126,548	12.18%	$6,468,529	5.39%	$4,662,486	7.48%	$11,257,563
Severity	31.37%		59.66%		45.39%		52.32%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	1.72%	$118,545	11.82%	$3,465,388	3.68%	$1,865,824	6.27%	$5,449,757
B	0.26%	$8,004	8.52%	$1,180,299	6.69%	$1,512,762	6.83%	$2,701,065
C	0.00%	$0	14.52%	$519,857	10.07%	$611,721	11.66%	$1,131,578
C-	0.00%	$0	18.91%	$119,049	5.34%	$106,246	7.08%	$225,295
D	0.00%	$0	20.64%	$1,183,936	10.98%	$565,933	15.68%	$1,749,869
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	13.11%	$284,932	11.22%	$544,384
2-4 Unit	0.00%	$0	19.69%	$511,450	6.36%	$380,293	10.31%	$891,744
NIV	2.77%	$44,467	15.72%	$2,758,326	4.08%	$1,424,668	7.82%	$4,227,461
Non-Owner	0.00%	$0	61.57%	$735,956	7.89%	$643,546	14.30%	$1,379,502
90+ & REO as % Rem
A/A- , B, C	24.90%	100.00%	27.90%	16.80%	6.70%	11.50%	12.40%	14.90%
C- , D, NON	0.00%	0.00%	0.00%	9.10%	0.00%	39.40%	0.00%	22.30%
2-4, LOW, NIV	0.00%	48.40%	100.00%	0.00%	4.50%	0.00%	6.70%	34.90%
As of: December 2002

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	25	$1,847,758	83	$7,088,311	493	$37,665,011	601	$46,601,080
LTV/WAC	75.44%	11.21%	80.43%	10.62%	76.49%	9.78%	77.04%	9.96%
A/A-	12	$767,084	39	$3,380,644	281	$24,406,909	332	$28,554,637
B	9	$639,900	25	$2,525,464	139	$9,382,860	173	$12,548,224
C	1	$119,511	11	$658,752	37	$1,851,171	49	$2,629,434
C-	3	$321,264	1	$43,303	5	$237,038	9	$601,605
D	0	$0	7	$480,147	31	$1,787,033	38	$2,267,180
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	89.09%	$17,479,700	93.29%	$111,349,070	81.32%	$198,159,916	85.45%	$326,988,686
Delinquency Status
CURRENT	20	$1,291,665	72	$6,130,883	433	$32,976,170	525	$40,398,718
30-59	1	$70,267	1	$75,013	9	$709,660	11	$854,940
60-89	0	$0	1	$37,107	5	$395,862	6	$432,969
90-119	0	$0	1	$54,372	5	$419,092	6	$473,464
120-179	0	$0	1	$62,993	8	$537,874	9	$600,867
180-269	1	$120,087	2	$159,402	8	$555,140	11	$834,629
270-359	0	$0	0	$0	7	$719,292	7	$719,292
360+	3	$365,740	4	$504,967	13	$970,340	20	$1,841,047
REO	0	$0	1	$63,575	5	$381,581	6	$445,156
90+REO	4	$485,827	9	$845,309	46	$3,583,319	59	$4,914,455
Loss To Date
% to Original Pool Balance	5.26%	$1,031,783	6.44%	$7,682,560	4.80%	$11,706,695	5.34%	$20,421,038
Severity	54.77%		48.91%		43.77%		46.06%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	3.17%	$407,951	4.30%	$3,180,282	3.24%	$4,980,195	3.56%	$8,568,428
B	9.34%	$376,051	9.10%	$2,205,139	5.97%	$3,425,103	7.01%	$6,006,293
C	8.39%	$80,307	8.82%	$690,679	7.84%	$1,295,052	8.17%	$2,066,038
C-	11.31%	$123,196	5.19%	$89,796	9.52%	$398,162	8.73%	$611,154
D	6.43%	$44,278	13.10%	$1,516,665	13.31%	$1,608,183	13.01%	$3,169,126
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	14.77%	$611,041	4.20%	$192,654	8.74%	$1,189,746
2-4 Unit	16.74%	$121,569	16.30%	$1,090,350	3.48%	$518,091	7.76%	$1,730,010
NIV	4.13%	$158,566	7.59%	$2,911,271	4.69%	$5,259,137	5.40%	$8,328,974
Non-Owner	17.72%	$123,356	52.49%	$723,095	11.29%	$2,308,322	14.01%	$3,154,773
90+ & REO as % Rem
A/A- , B, C	0.00%	47.90%	13.00%	4.60%	7.30%	9.40%	7.80%	10.40%
C- , D, NON	55.80%	0.00%	0.00%	43.70%	0.00%	32.30%	29.80%	34.70%
2-4, LOW, NIV	0.00%	39.30%	0.00%	0.00%	13.30%	31.90%	12.50%	30.50%
As of: December 2002

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	8	$750,472	91	$7,594,362	347	$27,225,969	446	$35,570,803
LTV/WAC	82.05%	11.42%	74.62%	10.71%	75.72%	10.04%	75.62%	10.21%
A/A-	2	$143,374	35	$3,092,132	200	$17,297,594	237	$20,533,099
B	6	$607,099	31	$2,960,888	94	$6,852,795	131	$10,420,781
C	0	$0	11	$745,317	28	$1,253,700	39	$1,999,017
C-	0	$0	1	$37,877	9	$880,796	10	$918,674
D	0	$0	13	$758,147	16	$941,085	29	$1,699,232
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	92.95%	$11,534,300	92.43%	$101,942,857	83.96%	$170,562,847	87.17%	$284,040,004
Delinquency Status
CURRENT	6	$440,818	79	$6,485,747	291	$22,437,251	376	$29,363,816
30-59	0	$0	2	$133,831	7	$618,583	9	$752,414
60-89	0	$0	0	$0	3	$342,082	3	$342,082
90-119	2	$309,654	0	$0	9	$766,335	11	$1,075,989
120-179	0	$0	1	$125,581	8	$760,336	9	$885,917
180-269	0	$0	0	$0	10	$639,350	10	$639,350
270-359	0	$0	2	$102,335	3	$204,690	5	$307,025
360+	0	$0	6	$668,755	12	$1,196,796	18	$1,865,551
REO	0	$0	1	$78,112	4	$260,545	5	$338,657
90+REO	2	$309,654	10	$974,783	46	$3,828,052	58	$5,112,489
Loss To Date
% to Original Pool Balance	1.14%	$141,392	7.91%	$8,728,939	4.97%	$10,104,367	5.82%	$18,974,698
Severity	32.33%		53.23%		48.21%		50.20%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	-0.09%	($5,745)	5.58%	$2,997,594	3.42%	$4,375,996	3.91%	$7,367,845
B	1.76%	$72,887	7.10%	$2,128,197	6.08%	$2,694,963	6.24%	$4,896,047
C	5.84%	$49,965	12.82%	$1,214,821	8.90%	$1,283,714	10.29%	$2,548,500
C-	0.00%	$0	6.22%	$171,676	4.41%	$246,498	4.75%	$418,174
D	6.56%	$24,285	15.38%	$2,216,652	13.84%	$1,503,196	14.60%	$3,744,133
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	10.70%	$520,863	10.13%	$533,244	9.20%	$1,078,392
2-4 Unit	0.00%	$0	19.65%	$1,832,127	10.72%	$1,341,117	14.39%	$3,173,243
NIV	1.11%	$44,672	8.92%	$3,559,144	4.71%	$4,415,726	5.82%	$8,019,542
Non-Owner	0.00%	$0	59.99%	$1,094,508	12.05%	$2,519,655	15.52%	$3,614,163
90+ & REO as % Rem
A/A- , B, C	85.60%	30.80%	4.00%	18.40%	7.90%	15.10%	7.90%	16.90%
C- , D, NON	0.00%	0.00%	100.00%	10.30%	88.80%	33.90%	89.30%	23.40%
2-4, LOW, NIV	100.00%	0.00%	8.90%	42.40%	0.00%	31.90%	9.00%	36.00%
As of: December 2002

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	9	$456,027	163	$13,035,027	123	$8,782,180	295	$22,273,234
LTV/WAC	73.48%	11.83%	74.01%	10.37%	76.55%	10.32%	75.00%	10.38%
A/A-	2	$66,044	56	$4,857,165	59	$4,794,776	117	$9,717,985
B	4	$217,532	62	$5,289,483	36	$2,621,324	102	$8,128,340
C	1	$54,617	16	$885,797	12	$593,405	29	$1,533,819
C-	1	$85,922	6	$673,847	3	$164,296	10	$924,065
D	1	$31,912	23	$1,328,734	13	$608,379	37	$1,969,025
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	91.70%	$8,733,200	92.97%	$192,735,018	89.49%	$83,374,202	91.88%	$284,842,420
Delinquency Status
CURRENT	7	$338,193	128	$10,127,958	96	$6,974,205	231	$17,440,356
30-59	0	$0	2	$150,547	5	$290,596	7	$441,143
60-89	0	$0	2	$190,214	1	$54,782	3	$244,996
90-119	2	$117,834	5	$350,602	3	$159,813	10	$628,249
120-179	0	$0	4	$262,544	4	$426,191	8	$688,735
180-269	0	$0	6	$540,405	3	$166,274	9	$706,679
270-359	0	$0	1	$105,705	4	$220,684	5	$326,389
360+	0	$0	11	$854,070	5	$377,321	16	$1,231,391
REO	0	$0	4	$452,982	2	$112,313	6	$565,295
90+REO	2	$117,834	31	$2,566,308	21	$1,462,596	54	$4,146,738
Loss To Date
% to Original Pool Balance	0.97%	$92,209	4.00%	$8,292,660	5.39%	$5,025,889	4.33%	$13,410,758
Severity	48.97%		46.61%		50.78%		48.11%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.91%	$47,344	1.88%	$1,881,638	3.00%	$1,345,688	2.18%	$3,274,670
B	0.00%	$0	4.26%	$2,468,215	4.94%	$1,331,527	4.35%	$3,799,742
C	0.00%	$0	6.63%	$1,582,078	9.47%	$836,023	7.17%	$2,418,101
C-	0.00%	$0	3.42%	$207,486	6.35%	$223,496	4.35%	$430,982
D	11.09%	$44,864	11.22%	$2,153,244	14.41%	$1,289,155	12.22%	$3,487,263
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	4.47%	$777,713	4.85%	$305,338	4.41%	$1,083,051
2-4 Unit	0.00%	$0	10.06%	$1,020,323	12.98%	$607,943	10.67%	$1,628,266
NIV	3.87%	$44,864	4.90%	$2,860,652	4.14%	$1,394,296	4.61%	$4,299,812
Non-Owner	0.00%	$0	30.12%	$887,742	7.76%	$613,402	13.48%	$1,501,144
90+ & REO as % Rem
A/A- , B, C	0.00%	0.00%	18.70%	18.30%	14.20%	18.40%	16.30%	17.80%
C- , D, NON	100.00%	100.00%	15.70%	35.70%	0.00%	25.60%	20.70%	33.60%
2-4, LOW, NIV	0.00%	100.00%	0.00%	19.30%	27.40%	0.00%	12.90%	17.10%
As of: December 2002

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	13	$1,136,408	231	$19,830,667	143	$9,139,450	387	$30,106,525
LTV/WAC	72.76%	10.60%	71.30%	11.08%	72.59%	10.67%	71.75%	10.93%
A/A-	5	$501,017	77	$7,175,851	58	$4,258,951	140	$11,935,818
B	4	$459,983	62	$5,461,162	31	$2,007,258	97	$7,928,402
C	0	$0	39	$2,414,519	21	$1,415,694	60	$3,830,213
C-	0	$0	9	$1,150,780	9	$436,207	18	$1,586,987
D	4	$175,408	44	$3,628,355	24	$1,021,340	72	$4,825,104
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	87.08%	$10,150,700	91.72%	$243,442,410	92.54%	$131,441,610	91.87%	$385,034,720
Delinquency Status
CURRENT	9	$874,849	142	$11,274,098	83	$5,184,549	234	$17,333,496
30-59	1	$134,597	13	$1,078,922	5	$231,790	19	$1,445,309
60-89	0	$0	5	$493,391	3	$256,847	8	$750,238
90-119	0	$0	5	$409,740	5	$167,654	10	$577,394
120-179	0	$0	8	$908,659	8	$415,659	16	$1,324,318
180-269	1	$21,299	3	$151,194	6	$302,953	10	$475,446
270-359	0	$0	7	$591,940	6	$379,439	13	$971,379
360+	2	$105,663	38	$3,505,614	22	$1,731,379	62	$5,342,656
REO	0	$0	10	$1,417,109	5	$469,180	15	$1,886,289
90+REO	3	$126,962	71	$6,984,256	52	$3,466,264	126	$10,577,482
Loss To Date
% to Original Pool Balance	2.41%	$280,862	5.08%	$13,483,685	5.31%	$7,545,444	5.08%	$21,309,991
Severity	36.67%		45.05%		49.27%		46.31%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.12%	$6,254	2.55%	$2,669,404	3.25%	$2,191,067	2.74%	$4,866,725
B	4.49%	$174,483	4.20%	$3,273,925	5.27%	$2,164,244	4.57%	$5,612,652
C	2.43%	$40,067	5.80%	$1,888,709	9.11%	$1,442,693	6.74%	$3,371,469
C-	0.00%	$0	4.62%	$573,331	7.45%	$379,544	5.43%	$952,875
D	6.26%	$60,058	13.52%	$5,078,317	10.89%	$1,367,895	12.74%	$6,506,270
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	4.21%	$1,243,612	7.45%	$665,087	4.94%	$1,968,757
2-4 Unit	0.00%	$0	15.21%	$2,288,689	5.11%	$398,285	11.56%	$2,686,974
NIV	15.02%	$143,853	6.10%	$6,148,201	4.75%	$3,217,595	5.61%	$9,509,649
Non-Owner	0.00%	$0	30.03%	$1,988,033	12.38%	$1,798,302	17.28%	$3,786,335
90+ & REO as % Rem
A/A- , B, C	4.30%	0.00%	22.80%	31.40%	27.80%	26.00%	23.80%	28.20%
C- , D, NON	0.00%	60.20%	14.20%	71.90%	84.20%	53.10%	33.50%	67.50%
2-4, LOW, NIV	0.00%	60.20%	14.50%	48.40%	0.00%	16.50%	11.10%	42.50%
As of: December 2002

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	5	$366,198	158	$12,422,423	103	$7,781,380	266	$20,570,000
LTV/WAC	65.57%	11.70%	67.51%	11.80%	73.14%	10.70%	69.61%	11.38%
A/A-	0	$0	30	$2,471,760	32	$2,881,700	62	$5,353,460
B	2	$147,095	21	$2,128,296	31	$2,453,418	54	$4,728,808
C	2	$109,015	31	$2,287,466	21	$1,350,675	54	$3,747,155
C-	0	$0	14	$699,250	3	$195,490	17	$894,740
D	1	$110,089	62	$4,835,651	16	$900,096	79	$5,845,836
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	93.19%	$5,177,100	93.69%	$199,678,260	93.68%	$132,229,591	93.68%	$337,084,951
Delinquency Status
CURRENT	3	$199,904	83	$6,552,448	61	$4,203,941	147	$10,956,293
30-59	1	$56,205	7	$372,254	3	$199,139	11	$627,598
60-89	0	$0	4	$342,825	2	$151,768	6	$494,593
90-119	0	$0	6	$606,107	3	$197,998	9	$804,105
120-179	0	$0	5	$429,140	2	$45,435	7	$474,575
180-269	0	$0	7	$489,190	1	$131,773	8	$620,963
270-359	1	$110,089	8	$503,168	7	$794,410	16	$1,407,667
360+	0	$0	35	$3,028,439	19	$1,603,435	54	$4,631,874
REO	0	$0	3	$98,853	5	$453,480	8	$552,333
90+REO	1	$110,089	64	$5,154,897	37	$3,226,531	102	$8,491,517
Loss To Date
% to Original Pool Balance	2.30%	$127,818	6.20%	$13,206,035	4.69%	$6,622,945	5.55%	$19,956,798
Severity	44.80%		44.35%		47.66%		45.40%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.00%	$0	2.99%	$1,768,359	2.32%	$1,524,130	2.59%	$3,292,489
B	1.58%	$22,168	3.23%	$1,429,695	5.04%	$2,137,592	4.08%	$3,589,455
C	-0.02%	($177)	7.42%	$2,435,970	10.04%	$1,728,417	8.19%	$4,164,210
C-	11.85%	$74,647	5.98%	$1,090,698	4.21%	$212,626	5.76%	$1,377,971
D	4.09%	$31,181	11.06%	$6,481,313	9.53%	$1,020,180	10.75%	$7,532,674
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	5.83%	$105,650	10.07%	$2,154,110	9.41%	$476,609	9.68%	$2,736,369
2-4 Unit	0.00%	$0	9.78%	$1,427,081	13.88%	$930,484	11.01%	$2,357,566
NIV	0.00%	$0	6.75%	$6,962,277	4.66%	$3,124,428	5.88%	$10,086,705
Non-Owner	6.55%	$22,168	29.58%	$1,814,348	13.25%	$1,967,264	17.84%	$3,803,780
90+ & REO as % Rem
A/A- , B, C	0.00%	0.00%	16.90%	22.30%	38.50%	30.10%	28.50%	25.70%
C- , D, NON	0.00%	100.00%	45.20%	63.80%	0.00%	42.50%	35.30%	61.20%
2-4, LOW, NIV	0.00%	100.00%	27.50%	34.50%	0.00%	33.50%	17.70%	38.40%
As of: December 2002

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	6	$303,874	116	$9,597,618	92	$5,900,271	214	$15,801,764
LTV/WAC	63.45%	12.00%	68.20%	11.50%	70.37%	10.17%	68.92%	11.01%
A/A-	3	$199,570	23	$2,066,285	38	$2,637,582	64	$4,903,437
B	0	$0	12	$1,127,523	29	$1,953,770	41	$3,081,293
C	0	$0	17	$1,633,378	21	$1,078,323	38	$2,711,701
C-	1	$48,080	16	$1,488,241	1	$58,829	18	$1,595,150
D	2	$56,224	48	$3,282,192	3	$171,766	53	$3,510,182
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	93.54%	$5,484,000	94.58%	$182,751,842	95.39%	$145,715,689	94.92%	$333,951,531
Delinquency Status
CURRENT	6	$303,874	68	$5,418,723	67	$4,432,274	141	$10,154,871
30-59	0	$0	5	$461,632	2	$149,172	7	$610,804
60-89	0	$0	2	$252,485	3	$124,983	5	$377,468
90-119	0	$0	2	$141,439	2	$151,704	4	$293,143
120-179	0	$0	3	$316,538	1	$31,592	4	$348,130
180-269	0	$0	3	$279,803	1	$23,269	4	$303,072
270-359	0	$0	7	$642,751	6	$332,328	13	$975,079
360+	0	$0	24	$1,958,503	7	$460,314	31	$2,418,817
REO	0	$0	2	$125,745	3	$194,636	5	$320,381
90+REO	-	$0	41	$3,464,779	20	$1,193,843	61	$4,658,622
Loss To Date
% to Original Pool Balance	2.17%	$127,310	6.92%	$13,364,087	5.29%	$8,085,349	6.13%	$21,576,746
Severity	36.05%		49.22%		49.15%		49.09%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.00%	$0	2.57%	$1,133,597	3.48%	$2,586,402	3.11%	$3,719,999
B	1.96%	$36,546	3.40%	$1,034,503	3.81%	$1,745,901	3.60%	$2,816,950
C	9.88%	$89,742	4.47%	$1,159,993	10.99%	$3,308,100	8.00%	$4,557,835
C-	0.15%	$1,022	5.93%	$1,605,524	24.36%	$80,699	6.01%	$1,687,245
D	0.00%	$0	12.86%	$8,430,470	17.42%	$364,248	12.75%	$8,794,718
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	10.84%	$1,306,050	11.21%	$948,888	10.83%	$2,254,937
NIV	1.96%	$42,373	7.97%	$8,652,834	2.31%	$902,209	6.41%	$9,597,416
Non-Owner	21.32%	$48,392	25.89%	$2,500,793	8.12%	$1,140,018	15.42%	$3,689,203
90+ & REO as % Rem
A/A- , B, C	0.00%	0.00%	22.40%	26.70%	12.20%	21.60%	16.00%	23.50%
C- , D, NON	0.00%	0.00%	24.00%	63.00%	0.00%	100.00%	22.40%	63.80%
2-4, LOW, NIV	0.00%	0.00%	19.50%	28.70%	15.20%	0.00%	16.10%	25.30%
As of: December 2002

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	$95,262	119	$8,060,593	0	$0	121	$8,155,855
LTV/WAC	67.43%	12.41%	64.12%	12.12%	0.00%	0.00%	64.16%	12.12%
A/A-	0	$0	13	$919,236	0	$0	13	$919,236
B	0	$0	9	$734,153	0	$0	9	$734,153
C	1	$37,400	15	$715,118	0	$0	16	$752,518
C-	1	$57,862	17	$957,454	0	$0	18	$1,015,316
D	0	$0	65	$4,734,631	0	$0	65	$4,734,631
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	97.19%	$3,380,900	95.07%	$170,697,988	0.00%	$0	95.11%	$174,078,888
Delinquency Status
CURRENT	0	$0	65	$4,156,514	0	$0	65	$4,156,514
30-59	0	$0	5	$237,688	0	$0	5	$237,688
60-89	0	$0	4	$200,514	0	$0	4	$200,514
90-119	0	$0	0	$0	0	$0	0	$0
120-179	0	$0	3	$113,580	0	$0	3	$113,580
180-269	0	$0	6	$549,602	0	$0	6	$549,602
270-359	0	$0	4	$343,697	0	$0	4	$343,697
360+	2	$95,262	28	$2,305,832	0	$0	30	$2,401,094
REO	0	$0	4	$153,167	0	$0	4	$153,167
90+REO	2	$95,262	45	$3,465,878	-	$0	47	$3,561,140
Loss To Date
% to Original Pool Balance	1.98%	$68,915	5.87%	$10,531,531	0.00%	$0	5.79%	$10,600,446
Severity	51.24%		45.65%		0.00%		45.68%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.00%	$0	2.70%	$888,953	0.00%	$0	2.62%	$888,953
B	0.00%	$0	4.56%	$1,138,274	0.00%	$0	4.40%	$1,138,274
C	0.00%	$0	4.59%	$1,504,605	0.00%	$0	4.50%	$1,504,605
C-	0.00%	$0	5.80%	$1,126,289	0.00%	$0	5.77%	$1,126,289
D	7.35%	$68,915	8.46%	$5,873,410	0.00%	$0	8.45%	$5,942,325
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	8.63%	$1,276,792	0.00%	$0	8.46%	$1,345,707
2-4 Unit	8.53%	$53,281	9.84%	$976,064	0.00%	$0	9.77%	$1,029,344
NIV	0.00%	$0	5.77%	$5,130,977	0.00%	$0	5.71%	$5,130,977
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%	14.80%	15.70%	0.00%	0.00%	14.80%	15.70%
C- , D, NON	100.00%	0.00%	33.50%	56.70%	0.00%	0.00%	37.30%	56.70%
2-4, LOW, NIV	100.00%	100.00%	13.10%	74.80%	0.00%	0.00%	18.70%	77.40%
As of: December 2002

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	$84,867	57	$4,963,458	0	$0	59	$5,048,325
LTV/WAC	63.72%	11.33%	65.54%	11.78%	0.00%	0.00%	65.51%	11.77%
A/A-	1	$60,696	8	$678,764	0	$0	9	$739,460
B	0	$0	9	$797,450	0	$0	9	$797,450
C	0	$0	6	$620,919	0	$0	6	$620,919
C-	0	$0	10	$863,823	0	$0	10	$863,823
D	1	$24,171	24	$2,002,501	0	$0	25	$2,026,672
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	96.34%	$2,371,000	94.50%	$93,611,006	0.00%	$0	94.54%	$95,982,006
Delinquency Status
CURRENT	1	$60,696	42	$2,956,565	0	$0	43	$3,017,261
30-59	0	$0	1	$147,998	0	$0	1	$147,998
60-89	0	$0	1	$102,494	0	$0	1	$102,494
90-119	0	$0	0	$0	0	$0	0	$0
120-179	0	$0	0	$0	0	$0	0	$0
180-269	0	$0	3	$202,936	0	$0	3	$202,936
270-359	0	$0	1	$170,789	0	$0	1	$170,789
360+	1	$24,171	7	$940,912	0	$0	8	$965,083
REO	0	$0	2	$441,764	0	$0	2	$441,764
90+REO	1	$24,171	13	$1,756,401	-	$0	14	$1,780,572
Loss To Date
% to Original Pool Balance	3.85%	$94,676	7.27%	$7,197,246	0.00%	$0	7.18%	$7,291,922
Severity	67.29%		46.75%		0.00%		46.93%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	2.21%	$21,387	4.93%	$1,063,734	0.00%	$0	4.81%	$1,085,121
B	8.13%	$31,611	6.42%	$843,457	0.00%	$0	6.47%	$875,068
C	5.93%	$29,353	3.07%	$481,726	0.00%	$0	3.16%	$511,079
C-	0.00%	$0	3.33%	$487,598	0.00%	$0	3.33%	$487,598
D	2.03%	$12,326	12.71%	$4,320,731	0.00%	$0	12.52%	$4,333,057
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	5.27%	$515,324	0.00%	$0	5.11%	$527,650
2-4 Unit	0.00%	$0	10.45%	$565,209	0.00%	$0	9.87%	$565,209
NIV	4.97%	$31,611	8.89%	$5,033,326	0.00%	$0	8.84%	$5,064,937
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%	13.40%	31.70%	0.00%	0.00%	12.30%	31.70%
C- , D, NON	0.00%	100.00%	22.80%	59.00%	0.00%	0.00%	22.80%	59.40%
2-4, LOW, NIV	0.00%	100.00%	59.00%	39.10%	0.00%	0.00%	59.00%	40.40%
As of: December 2002

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	4	$353,314	35	$2,813,252	0	$0	39	$3,166,566
LTV/WAC	70.61%	11.61%	68.04%	11.12%	0.00%	0.00%	68.33%	11.18%
A/A-	0	$0	7	$780,479	0	$0	7	$780,479
B	3	$265,772	6	$510,075	0	$0	9	$775,847
C	0	$0	7	$663,786	0	$0	7	$663,786
C-	1	$87,542	5	$225,639	0	$0	6	$313,181
D	0	$0	10	$633,272	0	$0	10	$633,272
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	85.30%	$2,141,000	95.32%	$70,586,121	0.00%	$0	94.99%	$72,727,121
Delinquency Status
CURRENT	3	$279,524	30	$2,456,075	0	$0	33	$2,735,599
30-59	0	$0	1	$61,375	0	$0	1	$61,375
60-89	1	$73,790	0	$0	0	$0	1	$73,790
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	2	$181,622	0	$0	2	$181,622
REO	0	$0	2	$114,180	0	$0	2	$114,180
90+REO	-	$0	4	$295,802	-	$0	4	$295,802
Loss To Date
% to Original Pool Balance	3.68%	$92,348	7.69%	$5,693,638	0.00%	$0	7.56%	$5,785,986
Severity	85.91%		44.26%		0.00%		44.60%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.00%	$0	4.08%	$927,404	0.00%	$0	4.01%	$927,404
B	0.00%	$0	5.03%	$588,684	0.00%	$0	4.55%	$588,684
C	0.00%	$0	6.43%	$750,974	0.00%	$0	6.21%	$750,974
C-	19.61%	$42,850	12.66%	$1,351,707	0.00%	$0	12.80%	$1,394,557
D	18.04%	$49,498	12.03%	$2,074,870	0.00%	$0	12.13%	$2,124,368
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	9.45%	$3,772,902	0.00%	$0	9.38%	$3,772,902
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%	0.00%	0.00%	0.00%	0.00%	0.00%
C- , D, NON	0.00%	0.00%	0.00%	34.50%	0.00%	0.00%	0.00%	34.50%
2-4, LOW, NIV	0.00%	0.00%	0.00%	7.40%	0.00%	0.00%	0.00%	6.30%
As of: December 2002

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	$307,683	39	$3,155,369	0	$0	44	$3,463,052
LTV/WAC	63.52%	11.72%	68.00%	10.98%	0.00%	0.00%	67.60%	11.05%
A/A-	3	$228,998	11	$949,716	0	$0	14	$1,178,714
B	0	$0	9	$889,483	0	$0	9	$889,483
C	1	$24,666	3	$123,329	0	$0	4	$147,996
C-	0	$0	7	$572,057	0	$0	7	$572,057
D	1	$54,019	9	$620,784	0	$0	10	$674,802
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	92.53%	$4,306,600	94.73%	$64,678,065	0.00%	$0	94.59%	$68,984,665
Delinquency Status
CURRENT	5	$307,683	33	$2,630,049	0	$0	38	$2,937,732
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	$71,233	0	$0	1	$71,233
120-179	0	$0	0	$0	0	$0	0	$0
180-269	0	$0	1	$37,916	0	$0	1	$37,916
270-359	0	$0	1	$29,972	0	$0	1	$29,972
360+	0	$0	2	$335,482	0	$0	2	$335,482
REO	0	$0	1	$50,719	0	$0	1	$50,719
90+REO	-	$0	6	$525,322	-	$0	6	$525,322
Loss To Date
% to Original Pool Balance	0.95%	$44,072	8.66%	$5,914,516	0.00%	$0	8.17%	$5,958,588
Severity	20.77%		44.57%		0.00%		44.19%
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	10.84%	$1,770,103	0.00%	$0	10.80%	$1,770,103
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	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)	8.71%	$3,431,882	0.00%	$0	8.36%	$3,426,919
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%	0.00%	0.00%	0.00%	0.00%	0.00%
C- , D, NON	0.00%	0.00%	21.30%	65.00%	0.00%	0.00%	21.30%	59.80%
2-4, LOW, NIV	0.00%	0.00%	0.00%	10.30%	0.00%	0.00%	0.00%	10.30%
As of: December 2002

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	$209,861	33	$2,814,215	0	$0	37	$3,024,076
LTV/WAC	60.00%	11.74%	67.81%	10.74%	0.00%	0.00%	67.27%	10.81%
A/A-	2	$86,395	8	$759,720	0	$0	10	$846,115
B	1	$56,639	6	$606,278	0	$0	7	$662,917
C	0	$0	7	$653,882	0	$0	7	$653,882
C-	1	$66,827	8	$555,772	0	$0	9	$622,599
D	0	$0	4	$238,563	0	$0	4	$238,563
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	95.07%	$4,274,200	94.30%	$52,454,925	0.00%	$0	94.36%	$56,729,125
Delinquency Status
CURRENT	4	$209,861	26	$2,297,456	0	$0	30	$2,507,317
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	$116,987	0	$0	1	$116,987
120-179	0	$0	1	$45,396	0	$0	1	$45,396
180-269	0	$0	0	$0	0	$0	0	$0
270-359	0	$0	2	$120,460	0	$0	2	$120,460
360+	0	$0	3	$233,916	0	$0	3	$233,916
REO	0	$0	0	$0	0	$0	0	$0
90+REO	-	$0	7	$516,759	-	$0	7	$516,759
Loss To Date
% to Original Pool Balance	0.60%	$27,193	11.40%	$6,339,144	0.00%	$0	10.59%	$6,366,337
Severity	16.53%		46.41%		0.00%		46.06%
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	2.84%	$218,873	0.00%	$0	2.56%	$226,251
C	0.00%	$0	14.51%	$1,412,801	0.00%	$0	13.19%	$1,412,801
C-	0.00%	$0	12.26%	$1,684,017	0.00%	$0	12.06%	$1,684,017
D	3.21%	$19,814	21.35%	$2,687,878	0.00%	$0	20.50%	$2,707,692
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	2.22%	$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%	13.80%	0.00%	0.00%	0.00%	12.60%
C- , D, NON	0.00%	0.00%	34.50%	19.00%	0.00%	0.00%	30.80%	19.00%
2-4, LOW, NIV	0.00%	0.00%	35.90%	37.70%	0.00%	0.00%	35.90%	37.70%
As of: December 2002

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	3	$70,799	27	$2,928,223	0	$0	30	$2,999,023
LTV/WAC	40.75%	11.53%	67.10%	11.26%	0.00%	0.00%	66.48%	11.27%
A/A-	0	$0	8	$777,325	0	$0	8	$777,325
B	1	$18,547	6	$678,614	0	$0	7	$697,161
C	2	$52,253	6	$559,753	0	$0	8	$612,005
C-	0	$0	4	$516,891	0	$0	4	$516,891
D	0	$0	3	$395,641	0	$0	3	$395,641
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	97.91%	$4,463,200	93.36%	$46,400,960	0.00%	$0	93.74%	$50,864,160
Delinquency Status
CURRENT	2	$52,253	26	$2,888,430	0	$0	28	$2,940,683
30-59	1	$18,547	1	$39,794	0	$0	2	$58,341
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	0.56%	$25,562	5.42%	$2,695,997	0.00%	$0	5.02%	$2,721,559
Severity	8.23%		34.72%		0.00%		33.70%
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	2.48%	$224,375	0.00%	$0	2.36%	$224,375
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	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	7.35%	$1,615,955	0.00%	$0	7.04%	$1,647,583
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%	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: December 2002

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	12	$769,273	10	$803,385	0	$0	22	$1,572,658
LTV/WAC	59.16%	11.17%	63.25%	9.31%	0.00%	0.00%	61.25%	10.22%
A/A-	4	$205,223	4	$294,389	0	$0	8	$499,612
B	1	$14,572	2	$162,774	0	$0	3	$177,345
C	3	$116,955	2	$164,841	0	$0	5	$281,796
C-	2	$178,650	2	$181,382	0	$0	4	$360,032
D	2	$253,873	0	$0	0	$0	2	$253,873
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	88.76%	$7,127,600	96.52%	$27,560,726	0.00%	$0	94.82%	$34,688,326
Delinquency Status
CURRENT	12	$769,273	8	$637,376	0	$0	20	$1,406,649
30-59	0	$0	0	$0	0	$0	0	$0
60-89	0	$0	1	$122,857	0	$0	1	$122,857
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	$43,152	0	$0	1	$43,152
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	$43,152	-	$0	1	$43,152
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%		31.99%		0.00%		31.03%
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	0.00%	$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	0.00%	0.00%	14.70%	0.00%	0.00%	0.00%	8.60%	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: December 2002

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	6	$310,951	4	$319,868	0	$0	10	$630,819
LTV/WAC	53.17%	10.55%	71.67%	9.88%	0.00%	0.00%	62.55%	10.21%
A/A-	4	$174,767	3	$227,202	0	$0	7	$401,969
B	0	$0	0	$0	0	$0	0	$0
C	1	$99,214	0	$0	0	$0	1	$99,214
C-	0	$0	1	$92,665	0	$0	1	$92,665
D	1	$36,971	0	$0	0	$0	1	$36,971
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	93.79%	$7,536,500	97.54%	$13,862,725	0.00%	$0	96.19%	$21,399,225
Delinquency Status
CURRENT	5	$234,222	4	$319,868	0	$0	9	$554,090
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	1	$76,729	0	$0	0	$0	1	$76,729
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	$76,729	-	$0	-	$0	1	$76,729
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	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	43.90%	0.00%	0.00%	0.00%	0.00%	0.00%	19.10%	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: December 2002

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	20	$1,059,039	3	$191,936	0	$0	23	$1,250,975
LTV/WAC	55.24%	9.63%	65.71%	9.52%	0.00%	0.00%	56.85%	9.62%
A/A-	8	$480,953	1	$54,239	0	$0	9	$535,192
B	3	$82,144	0	$0	0	$0	3	$82,144
C	5	$240,905	0	$0	0	$0	5	$240,905
C-	1	$98,342	1	$56,012	0	$0	2	$154,354
D	3	$156,696	0	$0	0	$0	3	$156,696
Unknown	0	$0	1	$81,686	0	$0	1	$81,686
Paid Off	87.19%	$10,291,900	97.53%	$9,383,670	0.00%	$0	91.84%	$19,675,570
Delinquency Status
CURRENT	19	$955,999	3	$191,936	0	$0	22	$1,147,935
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+	1	$103,040	0	$0	0	$0	1	$103,040
REO	0	$0	0	$0	0	$0	0	$0
90+REO	1	$103,040	-	$0	-	$0	1	$103,040
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	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: December 2002

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	15	$822,021	0	$0	0	$0	15	$822,021
LTV/WAC	55.99%	8.49%	0.00%	0.00%	0.00%	0.00%	55.99%	8.49%
A/A-	4	$217,910	0	$0	0	$0	4	$217,910
B	3	$128,113	0	$0	0	$0	3	$128,113
C	3	$130,132	0	$0	0	$0	3	$130,132
C-	1	$44,532	0	$0	0	$0	1	$44,532
D	3	$197,870	0	$0	0	$0	3	$197,870
Unknown	1	$103,464	0	$0	0	$0	1	$103,464
Paid Off	92.15%	$11,011,600	100.00%	$153,600	0.00%	$0	92.25%	$11,165,200
Delinquency Status
CURRENT	14	$782,639	0	$0	0	$0	14	$782,639
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	1	$39,383	0	$0	0	$0	1	$39,383
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	$39,383	-	$0	-	$0	1	$39,383
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	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	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: December 2002