Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 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	1037	$76,165,976	0	$0	334	$40,508,179	274	$24,398,488	1,645	$141,072,643
LTV/WAC	73.27%	9.47%	0.00%	0.00%	72.89%	9.13%	75.95%	9.03%	73.62%	9.30%
A/A-	522	$44,328,503	0	$0	231	$29,129,887	161	$14,839,961	914	$88,298,351
B	294	$20,181,203	0	$0	75	$8,143,029	74	$6,201,309	443	$34,525,541
C	169	$9,175,277	0	$0	18	$1,983,064	24	$1,942,724	211	$13,101,066
C-	6	$259,804	0	$0	7	$763,386	14	$1,324,774	27	$2,347,965
D	46	$2,221,189	0	$0	3	$488,812	1	$89,720	50	$2,799,721
Paid Off	9.91%	$8,490,080	0.00%	$0	12.20%	$5,675,120	6.56%	$1,730,150	10.03%	$15,895,350
Status
CURRENT	963	$72,088,821	0	$0	314	$38,569,631	257	$22,750,004	1534	$133,408,457
30-59	28	$1,496,194	0	$0	9	$994,647	5	$340,686	42	$2,831,527
60-89	11	$666,650	0	$0	2	$65,912	5	$561,567	18	$1,294,129
90-119	5	$317,455	0	$0	3	$469,051	3	$317,799	11	$1,104,304
120-219	10	$601,994	0	$0	3	$167,557	2	$111,781	15	$881,331
180-269	15	$755,781	0	$0	2	$212,218	0	$0	17	$968,000
270-359	3	$127,411	0	$0	1	$29,163	0	$0	4	$156,574
360+	0	$0	0	$0	0	$0	0	$0	0	$0
REO	2	$111,669	0	$0	0	$0	2	$316,651	4	$428,320
90+REO	35	$1,914,311	-	$0	9	$877,988	7	$746,230	51	$3,538,530
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	1.44%	2.73%	0.00%	0.00%	0.88%	6.93%	0.76%	5.58%	1.14%	4.23%
C- , D, NON	0.00%	12.70%	0.00%	0.00%	7.49%	0.00%	17.88%	0.00%	12.52%	10.07%
2-4, LOW , NIV	4.91%	0.00%	0.00%	0.00%	0.00%	7.04%	18.70%	0.00%	4.68%	2.11%
As of: December 2002

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 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	1316	$102,425,681	0	$0	335	$40,436,963	225	$22,976,464	1,876	$165,839,107
LTV/WAC	75.06%	9.36%	0.00%	0.00%	75.86%	8.96%	78.85%	8.93%	75.78%	9.20%
A/A-	725	$64,706,664	0	$0	229	$30,001,572	148	$15,111,054	1102	$109,819,290
B	345	$24,025,724	0	$0	72	$7,141,582	45	$4,372,219	462	$35,539,525
C	195	$11,318,156	0	$0	26	$2,347,258	13	$1,074,544	234	$14,739,958
C-	10	$688,253	0	$0	7	$907,569	18	$2,358,944	35	$3,954,766
D	41	$1,686,883	0	$0	1	$38,983	1	$59,702	43	$1,785,567
Paid Off	22.67%	$30,482,755	0.00%	$0	27.84%	$15,740,641	14.09%	$3,818,850	22.95%	$50,042,246
Status
CURRENT	1163	$90,610,104	0	$0	306	$36,832,725	220	$22,593,426	1689	$150,036,255
30-59	57	$4,659,115	0	$0	11	$1,440,071	3	$225,716	71	$6,324,902
60-89	23	$2,260,976	0	$0	4	$561,798	0	$0	27	$2,822,774
90-119	12	$783,551	0	$0	3	$145,789	1	$67,844	16	$997,185
120-219	21	$1,418,073	0	$0	6	$884,699	0	$0	27	$2,302,772
180-269	24	$1,682,638	0	$0	2	$257,747	0	$0	26	$1,940,385
270-359	9	$658,992	0	$0	2	$185,748	0	$0	11	$844,740
360+	4	$174,631	0	$0	0	$0	0	$0	4	$174,631
REO	3	$177,601	0	$0	1	$128,386	1	$89,478	5	$395,465
90+REO	73	$4,895,486	-	$0	14	$1,602,370	2	$157,322	89	$6,655,178
Loss To Date
% to Original	0.02%	$31,419	0.00%	$0	0.06%	$33,254	0.00%	$0	0.03%	$64,673
Severity	37.46%		0.00%		66.62%		0.00%		48.34%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	0.00%	$0	0.00%	$0	0.08%	$33,254	0.00%	$0	0.02%	$33,254
B	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
C	0.19%	$31,419	0.00%	$0	0.00%	$0	0.00%	$0	0.79%	$31,419
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	0.27%	$33,254	0.00%	$0	0.11%	$33,254
Non-Owner	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
90+ & REO
A/A-, B , C	1.51%	8.93%	0.00%	0.00%	4.43%	2.30%	0.45%	2.05%	2.16%	6.75%
C- , D, NON	5.58%	5.84%	0.00%	0.00%	2.64%	0.00%	0.00%	0.00%	1.58%	5.52%
2-4, LOW , NIV	5.15%	0.00%	0.00%	0.00%	11.63%	0.00%	0.00%	0.00%	5.86%	0.00%
As of: December 2002

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 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	711	17937289
C-	44	$2,261,115	0	$0	3	$148,250	11	$1,111,500	481	3520865
D	38	$2,382,560	0	$0	3	$91,750	5	$390,700	212	$2,865,010
Remaining	1032	$77,434,357	1	$55,716	248	$26,119,293	190	$15,990,777	1471	$119,600,144
LTV/WAC	75.17%	10.01%	70.00%	12.75%	73.41%	9.59%	77.54%	9.78%	75.10%	9.89%
A/A-	456	$40,064,231	0	$0	159	$20,751,121	96	$8,029,218	711	$68,844,569
B	352	$25,341,340	1	$55,716	61	$4,037,773	67	$5,551,876	481	$34,986,705
C	172	$9,323,679	0	$0	23	$1,127,748	17	$1,402,378	212	$11,853,805
C-	29	$1,390,206	0	$0	3	$146,818	6	$737,292	38	$2,274,316
D	23	$1,314,902	0	$0	2	$55,832	4	$270,013	29	$1,640,748
Paid Off	29.50%	$32,837,336	79.96%	$223,500	32.84%	$12,908,367	20.07%	$4,085,090	29.23%	$50,054,293
Status
CURRENT	820	$62,217,239	1	$55,716	212	$23,909,736	162	$12,890,640	1195	$99,073,331
30-59	58	$3,830,293	0	$0	10	$710,410	13	$1,148,884	81	$5,689,587
60-89	29	$2,668,753	0	$0	2	$74,152	1	$71,064	32	$2,813,969
90-119	11	$704,244	0	$0	5	$227,292	2	$91,567	18	$1,023,103
220-229	28	$2,340,723	0	$0	3	$168,873	1	$111,675	32	$2,621,271
180-269	28	$1,763,231	0	$0	4	$182,983	6	$1,133,173	38	$3,079,388
270-359	16	$860,731	0	$0	6	$414,469	2	$87,326	24	$1,362,525
360+	25	$1,939,577	0	$0	4	$346,141	2	$232,709	31	$2,518,427
REO	17	$1,109,566	0	$0	2	$85,238	1	$223,739	20	$1,418,543
90+REO	125	$8,718,073	-	$0	24	$1,424,995	14	$1,880,189	163	$12,023,257
Loss To Date
% to Original	0.29%	$324,203	0.00%	$0	0.30%	$119,187	0.00%	$0	0.26%	$443,389
Severity	50.99%		0.00%		130.38%		0.00%		60.97%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	0.29%	$167,680	0.00%	$0	0.24%	$70,913	0.00%	$0	0.25%	$238,592
B	0.02%	$5,409	0.00%	$0	0.68%	$48,274	0.00%	$0	0.11%	$53,683
C	0.55%	$76,394	0.00%	$0	0.00%	$0	0.00%	$0	0.43%	$76,394
C-	0.51%	$11,600	0.00%	$0	0.00%	$0	0.00%	$0	0.33%	$11,600
D	2.65%	$63,120	0.00%	$0	0.00%	$0	0.00%	$0	2.20%	$63,120
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	0.41%	$33,433	0.00%	$0	1.49%	$49,209	0.00%	$0	0.63%	$82,642
NIV	0.00%	$54,828	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$54,828
Non-Owner	1.12%	$87,718	0.00%	$0	2.19%	$49,209	0.00%	$0	1.22%	$136,927
90+ & REO
A/A-, B , C	4.55%	16.41%	0.00%	0.00%	3.81%	8.14%	10.03%	10.87%	4.97%	14.55%
C- , D, NON	9.93%	17.87%	0.00%	0.00%	0.00%	0.00%	45.49%	15.82%	20.82%	16.92%
2-4, LOW , NIV	13.54%	21.99%	0.00%	0.00%	6.93%	6.32%	33.33%	6.38%	14.42%	16.49%
As of: December 2002

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 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	858	$58,530,339	0	$0	208	$19,912,192	119	$9,788,532	1185	$88,231,062
LTV/WAC	75.15%	10.36%	0.00%	0.00%	73.27%	9.94%	79.65%	10.05%	75.22%	10.23%
A/A-	368	$29,541,195	0	$0	123	$13,960,426	64	$5,088,586	555	$48,590,208
B	282	$19,262,932	0	$0	59	$4,408,226	38	$3,412,823	379	$27,083,982
C	157	$7,181,667	0	$0	21	$1,322,096	14	$995,263	192	$9,499,025
C-	24	$1,313,495	0	$0	2	$86,921	3	$291,859	29	$1,692,275
D	27	$1,231,050	0	$0	3	$134,523	0	$0	30	$1,365,573
Paid Off	35.67%	$32,991,537	100.00%	$203,050	29.78%	$8,592,916	28.51%	$3,992,450	33.77%	$45,779,953
Status
CURRENT	630	$44,825,533	0	$0	159	$15,630,675	100	$8,363,918	889	$68,820,126
30-59	36	$2,422,640	0	$0	10	$1,034,842	9	$692,885	55	$4,150,368
60-89	22	$1,336,774	0	$0	4	$347,136	2	$111,485	28	$1,795,395
90-119	22	$1,375,218	0	$0	4	$348,937	3	$132,435	29	$1,856,590
170-179	17	$946,845	0	$0	2	$170,626	1	$89,947	20	$1,207,418
180-269	33	$2,224,740	0	$0	8	$485,786	3	$264,301	44	$2,974,827
270-359	21	$1,216,575	0	$0	4	$584,151	1	$133,560	26	$1,934,287
360+	46	$2,672,259	0	$0	9	$781,615	0	$0	55	$3,453,874
REO	31	$1,509,755	0	$0	8	$528,423	0	$0	39	$2,038,178
90+REO	170	$9,945,392	-	$0	35	$2,899,539	8	$620,243	213	$13,465,174
Loss To Date
% to Original	0.29%	$265,442	0.00%	$0	0.09%	$25,815	0.01%	$1,359	0.22%	$292,615
Severity	60.24%		0.00%		94.64%		1.05%		48.95%
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	0.34%	$106,412	0.00%	$0	0.00%	$0	0.03%	$1,359	0.25%	$107,771
C	0.88%	$103,661	0.00%	$0	1.16%	$25,815	0.00%	$0	0.83%	$129,476
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%	$34,538	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$34,538
2-4 Unit	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	2.48%	$262,221
NIV	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$152,442
Non-Owner	1.78%	$152,442	0.00%	$0	0.00%	$0	0.00%	$0	1.39%	$152,442
90+ & REO
A/A-, B , C	9.92%	18.35%	0.00%	0.00%	12.83%	18.68%	0.54%	7.74%	9.78%	17.06%
C- , D, NON	42.53%	47.99%	0.00%	0.00%	0.00%	43.40%	20.47%	0.00%	36.54%	47.54%
2-4, LOW , NIV	16.44%	12.74%	0.00%	0.00%	27.64%	62.79%	0.00%	35.40%	18.87%	15.47%
As of: December 2002

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 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	916	$59,748,320	2	$176,439	174	$11,526,426	86	$6,894,709	1178	$78,345,894
LTV/WAC	74.69%	10.69%	72.76%	11.84%	74.64%	11.45%	77.79%	11.03%	74.95%	10.83%
A/A-	335	$26,116,005	2	$176,439	99	$6,801,572	37	$3,030,106	473	$36,124,121
B	311	$20,337,300	0	$0	47	$3,376,896	26	$2,125,169	384	$25,839,365
C	192	$9,796,522	0	$0	21	$1,015,190	19	$1,362,437	232	$12,174,150
C-	46	$2,117,736	0	$0	4	$195,675	4	$376,997	54	$2,690,409
D	32	$1,380,757	0	$0	3	$137,093	0	$0	35	$1,517,849
Paid Off	41.33%	$42,961,522	71.46%	$445,019	42.53%	$8,671,634	44.02%	$5,505,650	41.89%	$57,583,825
Status
CURRENT	677	$43,510,767	1	$54,798	132	$8,760,766	70	$5,484,758	880	$57,811,088
30-59	47	$3,295,202	1	$121,641	8	$839,630	3	$228,672	59	$4,485,145
60-89	22	$1,264,242	0	$0	6	$419,728	2	$127,022	30	$1,810,992
90-119	18	$1,695,776	0	$0	4	$331,109	0	$0	22	$2,026,885
120-179	23	$1,794,791	0	$0	4	$180,820	0	$0	27	$1,975,612
180-269	26	$1,637,221	0	$0	6	$319,878	4	$383,013	36	$2,340,112
270-359	22	$1,383,979	0	$0	3	$157,088	1	$86,623	26	$1,627,690
360+	50	$3,427,595	0	$0	5	$301,635	6	$584,622	61	$4,313,852
REO	31	$1,738,748	0	$0	6	$215,772	0	$0	37	$1,954,519
90+REO	170	$11,678,110	-	$0	28	$1,506,302	11	$1,054,258	209	$14,238,669
Loss To Date
% to Original	0.98%	$1,015,039	0.00%	$0	1.35%	$275,443	1.10%	$136,943	1.04%	$1,427,425
Severity	69.88%		0.00%		83.03%		25.00%		61.21%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	0.74%	$332,012	0.00%	$0	1.43%	$181,227	0.95%	$56,551	0.89%	$569,790
B	0.61%	$220,143	0.00%	$0	1.25%	$66,596	2.34%	$80,391	0.82%	$367,130
C	1.82%	$302,549	0.00%	$0	1.42%	$27,621	0.00%	$0	1.60%	$330,170
C-	1.65%	$56,722	0.00%	$0	0.00%	$0	0.00%	$0	1.25%	$56,722
D	3.54%	$103,612	0.00%	$0	0.00%	$0	0.00%	$0	3.20%	$103,612
Loss by Characteristic	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
Low Doc	1.10%	$109,169	0.00%	$0	0.00%	$0	0.00%	$0	1.04%	$109,169
2-4 Unit	4.45%	$262,221	0.00%	$0	0.00%	$0	0.00%	$0	2.68%	$262,221
NIV	2.75%	$145,543	0.00%	$0	0.00%	$0	0.00%	$0	1.08%	$145,543
Non-Owner	4.22%	$290,607	0.00%	$0	0.00%	$0	3.49%	$69,881	3.31%	$360,488
90+ & REO
A/A-, B , C	16.33%	12.68%	0.00%	0.00%	7.89%	20.56%	0.00%	24.48%	13.29%	14.68%
C- , D, NON	32.38%	48.77%	0.00%	0.00%	51.71%	52.79%	89.32%	0.00%	41.77%	0.00%
2-4, LOW , NIV	31.23%	11.94%	0.00%	0.00%	0.00%	0.00%	10.34%	35.10%	19.96%	12.64%
As of: December 2002

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 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	813	$53,316,142	9	$576,532	235	$16,128,800	96	$7,447,916	1153	$77,469,390
LTV/WAC	73.28%	10.92%	69.03%	11.28%	73.64%	11.20%	74.57%	10.45%	73.45%	10.94%
A/A-	276	$21,391,606	4	$290,265	130	$10,328,133	50	$4,214,079	460	$36,224,084
B	298	$18,642,136	1	$82,803	61	$3,632,408	31	$2,437,987	391	$24,795,334
C	178	$9,797,805	1	$51,512	32	$1,619,897	10	$580,111	221	$12,049,325
C-	34	$2,123,168	1	$38,357	8	$408,396	5	$215,739	48	$2,785,660
D	27	$1,361,426	2	$113,595	4	$139,966	0	$0	33	$1,614,987
Paid Off	47.60%	$49,524,591	14.35%	$98,800	45.83%	$13,906,577	38.85%	$4,822,300	46.34%	$68,352,268
Status
CURRENT	579	$38,938,992	7	$506,435	183	$13,060,251	75	$6,074,550	844	$58,580,228
30-59	34	$1,845,504	0	$0	14	$953,366	5	$336,890	53	$3,135,759
60-89	14	$868,674	0	$0	4	$216,912	0	$0	18	$1,085,586
90-119	13	$946,226	0	$0	3	$149,312	2	$124,798	18	$1,220,336
120-179	21	$1,330,975	0	$0	3	$170,633	4	$364,301	28	$1,865,910
180-269	35	$2,147,389	1	$31,740	5	$240,048	3	$220,292	44	$2,639,469
270-359	22	$1,402,925	1	$38,357	5	$283,932	1	$75,330	29	$1,800,544
360+	62	$4,066,277	0	$0	11	$703,319	4	$169,737	77	$4,939,333
REO	33	$1,769,180	0	$0	7	$351,026	2	$82,019	42	$2,202,224
90+REO	186	$11,662,972	2	$70,097	34	$1,898,271	16	$1,036,477	238	$14,667,817
Loss To Date
% to Original	1.16%	$1,202,385	0.00%	$0	0.89%	$271,165	0.58%	$72,419	1.05%	$1,545,969
Severity	44.26%		0.00%		42.23%		72.45%		44.70%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	0.62%	$276,104	0.00%	$0	0.98%	$189,654	0.00%	$0	0.65%	$465,758
B	1.15%	$416,638	0.00%	$0	0.34%	$21,618	0.00%	$0	0.95%	$438,256
C	1.73%	$293,095	0.00%	$0	1.55%	$49,440	5.06%	$72,419	1.92%	$414,955
C-	1.14%	$44,469	0.00%	$0	-0.08%	($959)	0.00%	$0	0.78%	$43,510
D	6.35%	$172,079	0.00%	$0	5.29%	$11,412	0.00%	$0	6.04%	$183,491
Loss by Characteristic	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
Low Doc	0.72%	$90,779	0.00%	$0	0.00%	$0	0.00%	$0	0.65%	$90,779
2-4 Unit	2.11%	$112,333	0.00%	$0	0.00%	$0	0.00%	$0	1.35%	$112,333
NIV	3.09%	$156,180	0.00%	$0	1.57%	$108,235	0.00%	$0	1.97%	$264,415
Non-Owner	2.81%	$202,114	0.00%	$0	2.25%	$73,269	0.00%	$0	2.52%	$275,384
90+ & REO
A/A-, B , C	12.73%	23.66%	0.00%	0.00%	5.10%	26.14%	11.19%	11.08%	10.27%	22.70%
C- , D, NON	55.53%	42.63%	100.00%	27.94%	36.01%	22.26%	67.09%	0.00%	54.18%	39.83%
2-4, LOW , NIV	38.58%	20.44%	0.00%	0.00%	14.36%	0.00%	19.38%	22.63%	30.84%	20.00%
As of: December 2002

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 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	1061	$65,846,873	8	$566,756	426	$27,262,073	88	$6,098,928	1583	$99,774,629
LTV/WAC	73.22%	10.93%	76.35%	10.33%	74.79%	11.32%	70.86%	9.60%	73.53%	10.95%
A/A-	346	$24,962,095	4	$280,042	223	$16,344,860	57	$4,409,233	630	$45,996,229
B	384	$24,375,013	3	$257,174	103	$6,164,547	23	$1,179,352	513	$31,976,085
C	235	$12,130,890	1	$29,540	73	$3,467,486	8	$510,343	317	$16,138,259
C-	56	$2,268,268	0	$0	16	$733,652	0	$0	72	$3,001,920
D	40	$2,110,607	0	$0	11	$551,528	0	$0	51	$2,662,136
Paid Off	52.31%	$74,587,363	52.92%	$665,500	47.40%	$25,161,915	49.43%	$6,191,950	50.90%	$106,606,728
Status
CURRENT	796	$49,772,380	7	$489,123	309	$19,736,986	75	$5,379,747	1187	$75,378,237
30-59	57	$3,482,604	0	$0	26	$1,811,132	3	$200,091	86	$5,493,827
60-89	23	$1,430,523	0	$0	12	$825,616	1	$102,334	36	$2,358,474
90-119	22	$1,281,717	0	$0	3	$129,724	1	$49,605	26	$1,461,045
120-179	31	$1,865,772	0	$0	7	$533,089	1	$26,811	39	$2,425,672
180-269	32	$2,063,060	0	$0	17	$1,149,067	1	$125,219	50	$3,337,346
270-359	19	$1,137,453	0	$0	13	$935,502	1	$24,266	33	$2,097,221
360+	56	$3,122,763	1	$77,633	29	$1,696,675	3	$125,730	89	$5,022,801
REO	25	$1,690,601	0	$0	10	$444,281	2	$65,126	37	$2,200,007
90+REO	185	$11,161,365	1	$77,633	79	$4,888,338	9	$416,755	274	$16,544,091
Loss To Date
% to Original	1.61%	$2,291,974	6.87%	$86,348	2.04%	$1,082,671	4.08%	$511,445	1.90%	$3,972,437
Severity	65.16%		40.35%		60.87%		90.08%		65.36%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	0.89%	$500,794	13.97%	$86,348	0.90%	$287,230	0.29%	$22,628	0.93%	$897,000
B	2.11%	$1,071,188	0.00%	$0	3.19%	$394,711	7.50%	$242,420	2.19%	$1,465,899
C	2.49%	$658,694	0.00%	$0	4.41%	$285,436	10.26%	$128,616	2.76%	$944,130
C-	0.00%	$0	0.00%	$0	6.04%	$85,465	37.45%	$117,781	1.28%	$85,465
D	1.47%	$61,298	0.00%	$0	3.79%	$29,829	0.00%	$0	1.81%	$91,127
Loss by Characteristic	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
Low Doc	0.44%	$84,852	0.00%	$0	10.16%	$109,995	0.00%	$0	0.90%	$194,847
2-4 Unit	5.09%	$508,845	0.00%	$0	2.76%	$84,971	0.00%	$0	4.28%	$593,816
NIV	3.41%	$165,211	0.00%	$0	1.53%	$195,589	23.30%	$335,867	3.65%	$696,667
Non-Owner	6.01%	$621,307	0.00%	$0	3.66%	$152,232	0.00%	$0	5.05%	$773,539
90+ & REO
A/A-, B , C	9.55%	15.54%	0.00%	30.19%	12.53%	20.09%	6.91%	6.35%	10.30%	16.19%
C- , D, NON	27.36%	32.51%	0.00%	0.00%	48.94%	37.15%	0.00%	0.00%	32.64%	33.47%
2-4, LOW , NIV	15.51%	15.75%	0.00%	0.00%	17.27%	16.01%	0.00%	4.46%	14.66%	15.14%
As of: December 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	775	$45,112,971	26	$2,136,124	764	$52,518,781	1565	$99,767,876
LTV/WAC	74.27%	9.73%	81.13%	10.09%	77.04%	10.30%	75.88%	10.04%
A/A-	432	$27,339,598	17	$1,387,852	438	$34,654,586	887	$63,382,035
B	211	$12,195,296	7	$671,453	204	$12,084,283	422	$24,951,032
C	72	$3,240,772	2	$76,819	82	$3,963,625	156	$7,281,216
C-	17	$572,614	0	$0	9	$390,721	26	$963,335
D	32	$962,680	0	$0	30	$1,377,554	62	$2,340,234
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	55.47%	$64,896,660	48.17%	$2,521,238	47.07%	$51,466,219	51.34%	$118,884,117
Status
CURRENT	691	$39,542,654	22	$1,852,546	649	$45,395,552	1362	$86,790,752
30-59	15	$1,035,328	0	$0	14	$928,417	29	$1,963,745
60-89	8	$449,472	0	$0	11	$677,688	19	$1,127,160
90-119	4	$187,883	1	$58,985	9	$443,283	14	$690,151
120-179	22	$1,222,593	1	$77,464	12	$797,507	35	$2,097,564
180-269	9	$856,828	0	$0	16	$961,246	25	$1,818,074
270-359	11	$824,365	0	$0	10	$527,817	21	$1,352,182
360+	7	$459,947	1	$92,502	27	$1,652,879	35	$2,205,328
REO	8	$533,902	1	$54,627	16	$1,134,391	25	$1,722,920
90+REO	61	$4,085,518	4	$283,578	90	$5,517,123	155	$9,886,219
Loss To Date
% to Original	2.70%	$3,153,756	0.07%	$3,542	5.26%	$5,754,574	3.85%	$8,911,872
Severity	44.29%		3.66%		56.37%		51.14%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	1.84%	$1,297,732	0.45%	$14,257	2.67%	$1,817,969	2.21%	$3,129,958
B	3.60%	$1,108,093	0.00%	$0	8.72%	$2,427,402	5.87%	$3,535,495
C	3.56%	$307,940	0.00%	$0	9.57%	$852,322	6.56%	$1,160,262
C-	5.75%	$139,444	0.00%	$0	12.69%	$136,867	7.89%	$276,311
D	6.65%	$285,369	-3.83%	($10,716)	15.42%	$520,014	10.00%	$794,667
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	5.46%	$530,127	0.00%	$0	9.77%	$257,948	6.36%	$788,075
2-4 Unit	6.11%	$465,063	0.00%	$0	7.22%	$794,043	6.60%	$1,259,106
NIV	3.10%	$432,769	1.82%	$14,257	5.83%	$1,811,072	4.93%	$2,258,098
Non-Owner	4.87%	$357,041	0.00%	$0	13.31%	$1,233,832	9.55%	$1,590,873
90+ & REO as % Rem
A/A- , B, C	7.70%	11.40%	16.20%	0.00%	7.70%	13.70%	7.90%	12.20%
C- , D, NON	13.00%	27.20%	0.00%	0.00%	39.70%	36.30%	23.80%	32.60%
2-4, LOW, NIV	15.40%	7.20%	38.70%	0.00%	8.60%	8.00%	12.00%	7.30%
As of: December 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	641	$35,230,255	8	$549,564	647	$47,691,700	1296	$83,471,519
LTV/WAC	71.77%	9.44%	81.72%	10.66%	75.57%	9.70%	74.01%	9.60%
A/A-	380	$25,497,541	1	$92,807	378	$33,389,506	759	$58,979,853
B	135	$5,799,163	6	$425,409	161	$9,940,108	302	$16,164,680
C	50	$1,589,174	0	$0	45	$2,022,377	95	$3,611,551
C-	31	$1,071,717	0	$0	9	$480,838	40	$1,552,555
D	43	$1,182,000	1	$31,348	54	$1,858,871	98	$3,072,219
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	49.86%	$42,583,486	59.83%	$849,750	49.69%	$54,234,361	49.84%	$97,667,597
Delinquency Status
CURRENT	580	$31,811,130	7	$491,225	580	$43,327,804	1167	$75,630,159
30-59	14	$556,647	0	$0	11	$676,522	25	$1,233,169
60-89	5	$245,306	0	$0	5	$366,499	10	$611,805
90-119	6	$362,438	0	$0	5	$297,060	11	$659,498
120-179	10	$574,745	0	$0	6	$335,152	16	$909,897
180-269	8	$445,706	0	$0	13	$973,730	21	$1,419,436
270-359	3	$114,144	1	$58,339	8	$460,850	12	$633,333
360+	7	$624,172	0	$0	10	$680,486	17	$1,304,658
REO	8	$495,969	0	$0	9	$573,597	17	$1,069,566
90+REO	42	$2,617,174	1	$58,339	51	$3,320,875	94	$5,996,388
Loss To Date
% to Original Pool Balance	2.35%	$2,007,643	4.74%	$67,346	4.14%	$4,515,703	3.36%	$6,590,692
Severity	50.47%		31.18%		46.79%		47.61%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.70%	$401,281	8.53%	$58,550	1.96%	$1,337,624	1.43%	$1,797,455
B	3.42%	$491,141	0.00%	$0	4.89%	$1,278,284	4.32%	$1,769,425
C	9.35%	$574,206	0.00%	$0	13.21%	$801,997	11.17%	$1,376,203
C-	4.62%	$105,818	0.00%	$0	13.98%	$263,542	8.76%	$369,360
D	7.72%	$435,197	12.94%	$8,795	12.38%	$834,256	10.27%	$1,278,248
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	8.37%	$552,411	0.00%	$0	4.33%	$241,638	6.51%	$794,049
2-4 Unit	1.98%	$73,348	0.00%	$0	4.99%	$326,639	3.90%	$399,988
NIV	2.99%	$425,876	21.61%	$58,550	5.59%	$1,703,259	4.86%	$2,187,685
Non-Owner	7.69%	$316,042	0.00%	$0	9.12%	$734,822	8.62%	$1,050,864
90+ & REO as % Rem
A/A- , B, C	6.70%	6.80%	0.00%	13.70%	4.50%	11.80%	5.40%	10.10%
C- , D, NON	4.30%	23.90%	0.00%	0.00%	9.40%	10.10%	5.80%	15.30%
2-4, LOW, NIV	0.00%	2.70%	0.00%	0.00%	7.90%	15.50%	5.40%	9.40%
As of: December 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	1148	$56,225,742	172	$14,867,087	721	$51,233,019	2041	$122,325,849
LTV/WAC	72.88%	9.74%	80.50%	9.93%	73.97%	9.64%	74.27%	9.73%
A/A-	735	$41,227,699	120	$11,576,406	436	$35,646,774	1291	$88,450,879
B	252	$10,518,917	29	$1,815,152	197	$11,746,554	478	$24,080,624
C	87	$2,526,146	10	$415,465	42	$1,951,072	139	$4,892,683
C-	36	$1,055,217	1	$145,325	16	$545,679	53	$1,746,222
D	38	$897,762	12	$914,739	30	$1,342,939	80	$3,155,440
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	65.13%	$127,394,200	68.92%	$37,350,283	56.53%	$78,764,225	62.58%	$243,508,708
Delinquency Status
CURRENT	1060	$51,980,449	149	$12,891,527	658	$47,283,987	1867	$112,155,963
30-59	15	$664,924	5	$395,888	10	$580,589	30	$1,641,401
60-89	10	$462,531	0	$0	7	$621,407	17	$1,083,938
90-119	10	$569,896	3	$378,299	7	$545,597	20	$1,493,792
120-179	11	$365,597	4	$284,323	7	$393,545	22	$1,043,465
180-269	17	$988,842	5	$431,737	9	$480,431	31	$1,901,010
270-359	6	$366,262	1	$38,655	3	$164,098	10	$569,015
360+	11	$467,204	3	$334,261	14	$977,593	28	$1,779,058
REO	8	$360,038	2	$112,397	6	$185,772	16	$658,207
90+REO	63	$3,117,839	18	$1,579,672	46	$2,747,036	127	$7,444,547
Loss To Date
% to Original Pool Balance	2.36%	$4,615,525	5.32%	$2,883,597	5.88%	$8,188,619	4.03%	$15,687,741
Severity	50.48%		48.18%		54.39%		51.97%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	1.52%	$2,098,932	3.66%	$1,396,441	3.04%	$2,709,797	2.33%	$6,205,170
B	3.82%	$1,410,293	7.57%	$682,856	9.63%	$3,276,098	6.72%	$5,369,247
C	3.85%	$389,371	9.97%	$267,332	15.12%	$1,193,071	8.95%	$1,849,774
C-	4.02%	$174,671	22.61%	$118,724	9.70%	$128,983	6.81%	$422,378
D	9.57%	$542,258	10.96%	$418,245	12.70%	$880,670	11.21%	$1,841,173
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	4.20%	$1,330,453	0.00%	$0	13.86%	$365,737	4.86%	$1,696,190
2-4 Unit	2.01%	$168,618	21.85%	$874,244	12.07%	$1,017,740	9.89%	$2,060,602
NIV	2.88%	$535,009	3.41%	$334,676	5.57%	$2,426,987	4.58%	$3,296,672
Non-Owner	4.90%	$379,053	78.39%	$134,823	9.57%	$909,506	8.17%	$1,423,382
90+ & REO as % Rem
A/A- , B, C	3.90%	9.10%	6.50%	5.10%	3.20%	5.70%	4.00%	7.20%
C- , D, NON	9.50%	12.50%	100.00%	58.50%	11.00%	23.70%	17.50%	30.60%
2-4, LOW, NIV	8.00%	5.90%	0.00%	100.00%	4.80%	4.70%	5.40%	6.50%
As of: December 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	650	$30,586,817	179	$14,885,871	362	$24,864,519	1191	$70,337,207
LTV/WAC	71.33%	10.29%	81.91%	9.70%	74.71%	9.74%	74.76%	9.97%
A/A-	333	$20,041,909	127	$11,619,076	216	$16,795,476	676	$48,456,462
B	183	$7,216,390	33	$2,431,375	111	$6,876,602	327	$16,524,368
C	65	$1,834,151	10	$433,494	22	$750,854	97	$3,018,498
C-	39	$874,685	0	$0	4	$144,412	43	$1,019,097
D	30	$619,681	9	$401,925	9	$297,176	48	$1,318,782
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	67.37%	$76,609,140	68.86%	$37,790,867	64.78%	$52,850,602	66.85%	$167,250,609
Delinquency Status
CURRENT	594	$27,596,526	159	$13,316,421	314	$21,513,816	1067	$62,426,763
30-59	6	$210,414	1	$38,602	10	$821,450	17	$1,070,466
60-89	11	$653,745	1	$66,099	3	$120,656	15	$840,500
90-119	4	$204,135	2	$114,497	4	$200,530	10	$519,162
120-179	10	$339,347	3	$260,754	7	$518,322	20	$1,118,423
180-269	5	$241,028	3	$158,529	7	$377,613	15	$777,170
270-359	7	$409,867	2	$84,805	5	$274,838	14	$769,510
360+	6	$356,663	5	$387,098	7	$579,664	18	$1,323,425
REO	7	$575,092	3	$459,066	5	$457,631	15	$1,491,789
90+REO	39	$2,126,132	18	$1,464,749	35	$2,408,598	92	$5,999,479
Loss To Date
% to Original Pool Balance	2.93%	$3,329,763	5.12%	$2,811,403	5.99%	$4,889,088	4.41%	$11,030,254
Severity	55.71%		53.20%		49.35%		52.11%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	1.61%	$1,117,093	4.56%	$1,831,052	4.11%	$1,989,719	3.13%	$4,937,864
B	4.81%	$1,242,474	4.01%	$355,545	6.28%	$1,588,811	5.31%	$3,186,830
C	5.79%	$529,089	9.49%	$232,731	12.44%	$555,584	8.20%	$1,317,404
C-	2.71%	$132,728	15.20%	$39,053	6.34%	$39,564	3.66%	$211,345
D	6.74%	$308,379	11.17%	$353,022	26.21%	$715,410	13.16%	$1,376,811
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	3.51%	$826,396	6.99%	$151,978	4.03%	$51,655	3.81%	$1,030,029
2-4 Unit	5.97%	$270,047	13.46%	$629,456	6.71%	$445,142	8.49%	$1,344,645
NIV	2.49%	$368,327	6.45%	$673,927	5.67%	$1,752,665	4.98%	$2,794,919
Non-Owner	4.98%	$290,201	15.81%	$77,838	8.55%	$648,334	7.31%	$1,016,373
90+ & REO as % Rem
A/A- , B, C	3.90%	13.10%	8.30%	17.30%	6.70%	15.90%	5.90%	14.90%
C- , D, NON	13.40%	5.50%	0.00%	6.20%	19.60%	16.90%	14.30%	8.30%
2-4, LOW, NIV	2.10%	8.00%	0.00%	0.00%	7.00%	31.90%	4.70%	8.80%
As of: December 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	415	$16,916,910	123	$8,275,847	170	$11,290,602	708	$36,483,359
LTV/WAC	71.23%	10.57%	76.91%	10.43%	73.12%	9.93%	73.10%	10.34%
A/A-	231	$11,576,660	72	$5,331,839	109	$8,068,347	412	$24,976,845
B	88	$3,191,758	27	$1,744,796	42	$2,503,480	157	$7,440,034
C	31	$823,978	15	$789,570	11	$447,476	57	$2,061,023
C-	41	$763,007	0	$0	1	$37,943	42	$800,949
D	24	$561,507	9	$409,643	7	$233,357	40	$1,204,507
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	73.17%	$57,745,389	74.88%	$30,531,604	59.54%	$18,693,201	70.80%	$106,970,194
Delinquency Status
CURRENT	380	$14,726,528	110	$7,332,301	148	$10,136,917	638	$32,195,746
30-59	8	$297,104	2	$87,524	5	$337,482	15	$722,110
60-89	4	$241,260	0	$0	2	$92,123	6	$333,383
90-119	3	$169,561	1	$97,735	0	$0	4	$267,296
120-179	5	$430,844	2	$142,264	2	$70,606	9	$643,714
180-269	2	$145,180	1	$91,414	4	$235,192	7	$471,786
270-359	6	$303,972	1	$181,077	1	$38,606	8	$523,655
360+	4	$441,857	4	$238,838	7	$369,842	15	$1,050,537
REO	3	$160,604	2	$104,694	1	$9,834	6	$275,132
90+REO	23	$1,652,018	11	$856,022	15	$724,080	49	$3,232,120
Loss To Date
% to Original Pool Balance	3.33%	$2,631,266	8.45%	$3,443,411	6.60%	$2,071,998	5.39%	$8,146,675
Severity	67.49%		50.15%		53.01%		55.52%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	2.18%	$1,123,826	6.39%	$1,744,025	3.66%	$743,201	3.64%	$3,611,052
B	6.67%	$874,049	12.61%	$937,683	8.19%	$634,395	8.65%	$2,446,127
C	5.39%	$294,975	11.24%	$399,405	13.87%	$243,036	8.70%	$937,416
C-	1.42%	$74,328	7.19%	$28,939	33.30%	$135,863	3.95%	$239,130
D	7.44%	$264,087	15.86%	$333,360	26.47%	$315,502	13.34%	$912,949
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	2.71%	$600,058	5.68%	$93,616	6.90%	$36,376	3.00%	$730,050
2-4 Unit	7.31%	$173,483	29.27%	$979,374	1.69%	$33,740	15.38%	$1,186,597
NIV	5.74%	$687,905	11.00%	$1,265,348	6.59%	$832,204	7.71%	$2,785,457
Non-Owner	9.70%	$507,383	71.28%	$529,085	9.18%	$294,334	14.50%	$1,330,802
90+ & REO as % Rem
A/A- , B, C	9.10%	10.00%	9.40%	9.90%	2.60%	10.40%	7.10%	10.20%
C- , D, NON	10.00%	11.50%	0.00%	44.00%	0.00%	20.80%	9.60%	24.30%
2-4, LOW, NIV	6.20%	3.40%	0.00%	0.00%	0.00%	0.00%	2.10%	3.00%
As of: December 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	635	$27,575,690	128	$8,388,344	231	$13,521,544	994	$49,485,578
LTV/WAC	68.51%	10.41%	76.86%	10.45%	70.93%	10.11%	70.58%	10.33%
A/A-	343	$18,160,220	80	$5,978,389	137	$9,490,805	560	$33,629,414
B	145	$5,587,367	29	$1,564,267	63	$3,082,408	237	$10,234,041
C	79	$2,009,396	12	$533,691	14	$397,866	105	$2,940,953
C-	35	$895,409	2	$108,880	4	$137,790	41	$1,142,080
D	33	$923,298	5	$203,117	13	$412,675	51	$1,539,090
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	72.26%	$93,865,950	77.15%	$32,949,512	65.23%	$30,626,560	71.71%	$157,442,022
Delinquency Status
CURRENT	591	$25,649,302	113	$7,441,295	213	$12,526,029	917	$45,616,626
30-59	11	$360,715	1	$89,573	4	$273,374	16	$723,662
60-89	5	$359,819	2	$84,429	3	$245,438	10	$689,686
90-119	1	$7,266	1	$55,909	1	$40,086	3	$103,261
120-179	5	$304,000	1	$51,204	1	$25,241	7	$380,445
180-269	5	$181,736	0	$0	2	$87,456	7	$269,192
270-359	4	$167,070	2	$180,140	1	$53,445	7	$400,655
360+	6	$310,115	6	$331,486	3	$128,288	15	$769,889
REO	7	$235,667	2	$154,309	3	$142,188	12	$532,164
90+REO	28	$1,205,854	12	$773,048	11	$476,704	51	$2,455,606
Loss To Date
% to Original Pool Balance	3.37%	$4,374,309	10.08%	$4,303,339	7.36%	$3,453,640	5.53%	$12,131,288
Severity	56.22%		57.61%		60.36%		57.85%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	1.67%	$1,383,944	5.98%	$1,721,883	4.96%	$1,391,806	3.22%	$4,497,633
B	3.46%	$909,199	13.23%	$1,112,822	8.42%	$1,036,394	6.51%	$3,058,415
C	8.97%	$867,659	24.39%	$569,443	19.27%	$519,453	13.31%	$1,956,555
C-	4.12%	$220,361	9.54%	$60,748	8.98%	$90,460	5.31%	$371,569
D	17.84%	$993,146	33.07%	$838,443	14.43%	$415,527	20.47%	$2,247,116
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	4.34%	$1,718,297	16.82%	$174,319	12.71%	$156,811	4.90%	$2,049,427
2-4 Unit	4.16%	$341,201	25.77%	$1,227,996	5.51%	$164,056	10.86%	$1,733,253
NIV	2.85%	$417,373	9.99%	$1,261,939	10.75%	$1,842,390	7.93%	$3,521,702
Non-Owner	8.04%	$561,676	54.25%	$691,510	15.71%	$1,026,005	15.41%	$2,279,191
90+ & REO as % Rem
A/A- , B, C	3.40%	4.00%	3.40%	20.90%	1.80%	6.70%	2.90%	7.40%
C- , D, NON	5.10%	15.80%	54.80%	14.30%	0.00%	24.50%	9.20%	17.90%
2-4, LOW, NIV	6.50%	3.80%	0.00%	0.00%	12.00%	0.00%	6.30%	3.60%
As of: December 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	380	$16,897,587	111	$7,342,418	162	$8,830,959	653	$33,070,964
LTV/WAC	72.06%	10.52%	76.29%	11.21%	71.29%	10.16%	72.79%	10.57%
A/A-	205	$10,573,966	54	$3,613,869	109	$6,468,864	368	$20,656,699
B	95	$4,161,388	32	$2,528,855	31	$1,592,468	158	$8,282,711
C	50	$1,268,601	14	$799,375	11	$359,324	75	$2,427,300
C-	13	$445,812	4	$143,869	3	$98,809	20	$688,490
D	17	$447,819	7	$256,450	8	$311,495	32	$1,015,764
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	77.13%	$71,835,900	81.70%	$36,188,989	74.51%	$30,113,349	77.67%	$138,138,238
Delinquency Status
CURRENT	351	$15,346,152	92	$6,145,550	142	$7,655,637	585	$29,147,339
30-59	7	$264,019	0	$0	4	$346,561	11	$610,580
60-89	3	$144,495	2	$136,763	3	$279,259	8	$560,517
90-119	3	$88,525	1	$34,652	1	$32,164	5	$155,341
120-179	5	$334,618	2	$66,590	5	$266,670	12	$667,878
180-269	4	$329,561	3	$134,068	2	$102,081	9	$565,710
270-359	1	$24,662	2	$215,487	0	$0	3	$240,149
360+	5	$322,457	8	$565,715	4	$123,727	17	$1,011,899
REO	1	$43,099	1	$43,592	1	$24,860	3	$111,551
90+REO	19	$1,142,922	17	$1,060,104	13	$549,502	49	$2,752,528
Loss To Date
% to Original Pool Balance	2.75%	$2,560,087	6.65%	$2,947,164	6.09%	$2,461,065	4.48%	$7,968,316
Severity	54.08%		57.86%		52.90%		55.03%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	1.89%	$1,099,880	6.55%	$1,851,900	3.95%	$1,053,949	3.54%	$4,005,729
B	3.92%	$784,087	6.69%	$622,584	8.40%	$672,815	5.57%	$2,079,486
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	10.20%	$220,404	14.97%	$313,532	10.13%	$799,572
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	2.31%	$560,784	10.71%	$203,045	35.72%	$167,969	3.49%	$931,798
2-4 Unit	3.45%	$172,189	7.80%	$401,658	5.83%	$199,866	5.70%	$773,713
NIV	4.92%	$592,247	5.38%	$607,995	6.01%	$922,084	5.48%	$2,122,326
Non-Owner	12.80%	$472,253	31.95%	$316,899	9.42%	$509,847	12.87%	$1,298,999
90+ & REO as % Rem
A/A- , B, C	5.20%	7.30%	9.60%	12.20%	5.90%	6.70%	6.20%	8.70%
C- , D, NON	15.10%	11.00%	50.40%	62.70%	0.00%	19.70%	20.30%	26.70%
2-4, LOW, NIV	2.70%	7.80%	9.80%	16.20%	12.80%	0.00%	7.90%	8.50%
As of: December 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	345	$14,541,322	154	$7,994,542	136	$8,954,646	635	$31,490,510
LTV/WAC	69.96%	10.22%	68.37%	10.75%	70.05%	9.89%	69.58%	10.26%
A/A-	194	$9,564,626	75	$4,162,247	85	$6,238,644	354	$19,965,517
B	73	$2,894,054	45	$2,512,936	32	$2,070,057	150	$7,477,046
C	54	$1,508,487	23	$993,547	8	$258,867	85	$2,760,901
C-	11	$231,277	4	$98,035	5	$143,969	20	$473,281
D	12	$310,288	7	$227,777	6	$243,110	25	$781,175
Unknown	1	$32,590	0	$0	0	$0	1	$32,590
Paid Off	80.19%	$78,076,900	82.09%	$41,820,191	73.56%	$30,872,848	79.24%	$150,769,939
Delinquency Status
CURRENT	319	$13,260,431	142	$7,456,249	126	$8,362,289	587	$29,078,969
30-59	4	$291,090	0	$0	0	$0	4	$291,090
60-89	5	$205,780	1	$22,968	1	$41,772	7	$270,520
90-119	1	$10,828	1	$31,072	1	$45,376	3	$87,276
120-179	2	$70,252	2	$83,104	2	$118,933	6	$272,289
180-269	2	$121,850	1	$13,247	0	$0	3	$135,097
270-359	2	$69,203	2	$206,869	1	$39,824	5	$315,896
360+	9	$458,024	1	$11,309	4	$298,573	14	$767,906
REO	1	$53,864	4	$169,724	1	$47,880	6	$271,468
90+REO	17	$784,021	11	$515,325	9	$550,586	37	$1,849,932
Loss To Date
% to Original Pool Balance	1.51%	$1,473,292	4.62%	$2,354,300	5.12%	$2,150,678	3.14%	$5,978,270
Severity	37.53%		59.54%		48.09%		48.40%
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	2.08%	$451,953	4.58%	$641,053	6.57%	$618,355	3.79%	$1,711,361
C	3.48%	$294,651	8.44%	$578,762	9.02%	$276,121	6.26%	$1,149,534
C-	3.75%	$93,504	3.41%	$50,959	4.85%	$42,111	3.84%	$186,574
D	5.85%	$208,540	11.94%	$425,800	12.04%	$235,957	9.58%	$870,297
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	0.83%	$191,846	7.02%	$230,014	12.47%	$120,808	1.99%	$542,668
2-4 Unit	6.38%	$244,716	10.94%	$488,301	5.94%	$218,085	7.95%	$951,102
NIV	1.26%	$165,461	4.25%	$831,812	5.28%	$837,814	3.78%	$1,835,087
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	4.00%	4.20%	1.60%	6.40%	1.60%	11.80%	2.70%	7.10%
C- , D, NON	24.10%	0.00%	0.00%	5.00%	20.60%	72.80%	18.00%	24.10%
2-4, LOW, NIV	0.00%	4.80%	0.00%	0.00%	0.00%	0.00%	0.00%	4.20%
As of: December 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	422	$18,608,956	138	$7,157,618	196	$12,811,092	756	$38,577,666
LTV/WAC	69.45%	9.90%	70.12%	11.69%	66.94%	9.81%	68.74%	10.20%
A/A-	244	$12,847,376	39	$2,533,270	124	$8,895,116	407	$24,275,761
B	100	$3,844,628	36	$2,200,344	41	$2,537,701	177	$8,582,674
C	43	$1,174,270	30	$1,199,778	19	$870,804	92	$3,244,853
C-	11	$291,571	11	$366,687	1	$42,634	23	$700,892
D	24	$451,111	22	$857,538	11	$464,836	57	$1,773,486
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	78.38%	$88,307,700	81.75%	$38,693,412	72.95%	$41,442,635	77.69%	$168,443,747
Delinquency Status
CURRENT	396	$17,713,645	107	$5,844,113	182	$11,848,187	685	$35,405,945
30-59	5	$203,348	5	$150,096	2	$259,319	12	$612,763
60-89	0	$0	2	$68,915	0	$0	2	$68,915
90-119	3	$114,864	1	$76,665	2	$118,558	6	$310,087
120-179	6	$223,538	2	$98,191	4	$156,151	12	$477,880
180-269	5	$170,424	5	$160,857	2	$189,095	12	$520,376
270-359	2	$110,516	4	$109,363	0	$0	6	$219,879
360+	5	$72,622	12	$649,418	4	$239,782	21	$961,822
REO	0	$0	0	$0	0	$0	0	$0
90+REO	21	$691,964	24	$1,094,494	12	$703,586	57	$2,490,044
Loss To Date
% to Original Pool Balance	1.87%	$2,108,227	8.63%	$4,085,708	4.55%	$2,586,613	4.05%	$8,780,548
Severity	46.85%		62.23%		42.72%		51.29%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	1.00%	$700,099	5.13%	$928,912	3.04%	$1,103,749	2.20%	$2,732,760
B	1.58%	$404,946	6.79%	$784,051	4.37%	$534,178	3.49%	$1,723,175
C	4.31%	$397,857	10.92%	$820,019	11.24%	$477,788	8.08%	$1,695,664
C-	5.38%	$116,505	17.75%	$427,136	5.41%	$59,473	10.63%	$603,114
D	8.67%	$488,820	14.57%	$1,125,589	13.94%	$411,425	12.41%	$2,025,834
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	13.34%	$472,596	4.25%	$123,446	3.96%	$1,353,421
2-4 Unit	0.64%	$29,511	23.95%	$1,006,217	5.35%	$236,455	9.59%	$1,272,183
NIV	3.91%	$215,342	9.35%	$1,849,549	6.60%	$1,524,323	7.42%	$3,589,214
Non-Owner	6.42%	$377,426	45.72%	$961,338	8.32%	$658,007	12.57%	$1,996,771
90+ & REO as % Rem
A/A- , B, C	2.90%	3.80%	1.40%	19.80%	4.00%	7.20%	3.10%	8.90%
C- , D, NON	2.80%	19.50%	11.20%	53.60%	0.00%	30.10%	7.00%	38.70%
2-4, LOW, NIV	0.00%	6.10%	4.70%	11.40%	0.00%	58.50%	1.30%	13.50%
As of: December 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	325	$13,968,303	163	$9,007,751	195	$12,080,240	683	$35,056,294
LTV/WAC	66.86%	10.21%	68.49%	12.01%	66.41%	10.27%	67.12%	10.70%
A/A-	187	$9,729,032	57	$3,610,148	110	$7,900,343	354	$21,239,523
B	61	$2,190,966	23	$1,437,471	43	$2,541,405	127	$6,169,842
C	44	$1,217,767	29	$1,619,704	27	$974,322	100	$3,811,793
C-	10	$270,109	17	$717,942	4	$138,600	31	$1,126,650
D	23	$560,430	37	$1,622,486	11	$525,569	71	$2,708,485
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	82.17%	$83,643,200	86.24%	$63,404,336	79.20%	$53,165,947	82.58%	$200,213,483
Delinquency Status
CURRENT	289	$12,033,188	112	$6,113,054	167	$10,765,531	568	$28,911,773
30-59	10	$305,495	8	$482,694	6	$333,992	24	$1,122,181
60-89	3	$223,810	0	$0	2	$193,005	5	$416,815
90-119	0	$0	3	$91,150	1	$22,589	4	$113,739
120-179	2	$142,823	8	$408,681	4	$167,034	14	$718,538
180-269	4	$139,658	3	$350,977	0	$0	7	$490,635
270-359	1	$43,292	4	$183,331	5	$247,476	10	$474,099
360+	15	$975,861	21	$1,208,659	9	$315,723	45	$2,500,243
REO	1	$104,176	4	$169,206	1	$34,890	6	$308,272
90+REO	23	$1,405,810	43	$2,412,004	20	$787,712	86	$4,605,526
Loss To Date
% to Original Pool Balance	1.07%	$1,085,209	12.90%	$9,481,595	4.77%	$3,198,801	5.68%	$13,765,605
Severity	39.42%		64.78%		53.97%		59.04%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.57%	$362,172	8.67%	$2,216,269	1.95%	$783,749	2.59%	$3,362,190
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	13.84%	$962,274	10.65%	$3,161,730
C-	2.28%	$85,177	14.29%	$760,391	7.95%	$83,065	9.19%	$928,633
D	2.73%	$135,892	19.15%	$2,994,512	13.30%	$427,651	14.93%	$3,558,055
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	28.78%	$2,472,696	11.59%	$628,230	17.53%	$3,150,545
NIV	0.69%	$92,704	10.65%	$3,173,091	6.36%	$1,838,952	7.08%	$5,104,747
Non-Owner	4.98%	$223,537	57.22%	$2,386,041	11.70%	$1,004,565	20.96%	$3,614,143
90+ & REO as % Rem
A/A- , B, C	7.50%	16.00%	13.60%	33.60%	4.60%	6.50%	7.50%	16.20%
C- , D, NON	11.60%	29.90%	41.70%	46.60%	24.60%	10.00%	32.40%	36.00%
2-4, LOW, NIV	27.40%	9.00%	23.90%	33.30%	4.50%	19.60%	16.30%	13.30%
As of: December 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	213	$7,536,978	93	$5,698,226	126	$6,680,954	432	$19,916,158
LTV/WAC	61.78%	10.46%	66.76%	12.53%	65.06%	10.57%	64.30%	11.09%
A/A-	101	$4,217,965	21	$1,462,694	72	$4,225,431	194	$9,906,089
B	51	$1,900,304	12	$746,817	29	$1,432,675	92	$4,079,796
C	39	$942,765	16	$891,474	25	$1,022,848	80	$2,857,087
C-	12	$254,726	11	$665,557	0	$0	23	$920,283
D	10	$221,220	33	$1,931,684	0	$0	43	$2,152,904
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	86.38%	$64,700,800	87.26%	$46,471,799	82.64%	$39,098,823	85.64%	$150,271,422
Delinquency Status
CURRENT	197	$7,015,918	69	$4,232,773	108	$5,996,440	374	$17,245,131
30-59	6	$121,143	1	$34,835	2	$58,863	9	$214,841
60-89	2	$74,947	0	$0	2	$49,063	4	$124,010
90-119	3	$133,435	1	$96,931	0	$0	4	$230,366
120-179	0	$0	0	$0	0	$0	0	$0
180-269	0	$0	5	$219,676	5	$168,246	10	$387,922
270-359	1	$16,068	3	$161,208	4	$215,546	8	$392,822
360+	4	$175,466	12	$854,544	4	$136,495	20	$1,166,505
REO	0	$0	2	$98,259	1	$56,302	3	$154,561
90+REO	8	$324,969	23	$1,430,618	14	$576,589	45	$2,332,176
Loss To Date
% to Original Pool Balance	1.21%	$908,633	8.65%	$4,605,906	4.36%	$2,063,166	4.32%	$7,577,705
Severity	47.90%		57.50%		47.57%		53.20%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.41%	$145,218	2.05%	$280,616	3.44%	$965,250	1.81%	$1,391,084
B	0.78%	$150,496	3.99%	$266,288	4.19%	$521,619	2.44%	$938,403
C	2.20%	$248,327	5.31%	$367,781	8.24%	$548,180	4.69%	$1,164,288
C-	2.14%	$116,065	8.17%	$535,733	0.00%	$0	5.44%	$651,798
D	6.85%	$248,528	16.23%	$3,155,489	25.53%	$28,117	14.81%	$3,432,134
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	1.89%	$380,083	7.19%	$255,830	0.00%	$0	2.68%	$635,913
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	10.48%	$2,815,955	2.25%	$148,669	6.23%	$3,166,545
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	4.00%	3.10%	18.70%	4.80%	3.80%	13.70%	6.10%	7.10%
C- , D, NON	0.00%	37.20%	16.40%	39.90%	0.00%	0.00%	11.90%	39.60%
2-4, LOW, NIV	0.00%	0.90%	28.40%	4.80%	10.70%	0.00%	13.80%	2.10%
As of: December 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	166	$6,673,401	84	$4,868,259	0	$0	250	$11,541,660
LTV/WAC	62.98%	10.55%	65.92%	12.19%	0.00%	0.00%	64.22%	11.24%
A/A-	64	$3,302,930	24	$1,696,823	0	$0	88	$4,999,754
B	31	$1,525,457	10	$623,515	0	$0	41	$2,148,972
C	35	$883,753	14	$780,024	0	$0	49	$1,663,778
C-	17	$615,372	8	$299,181	0	$0	25	$914,554
D	10	$202,701	28	$1,468,716	0	$0	38	$1,671,417
Unknown	9	$143,186	0	$0	0	$0	9	$143,186
Paid Off	86.22%	$53,850,965	89.78%	$51,542,990	0.00%	$0	87.92%	$105,393,955
Delinquency Status
CURRENT	148	$5,924,213	63	$3,616,211	0	$0	211	$9,540,424
30-59	7	$444,754	4	$353,607	0	$0	11	$798,361
60-89	2	$20,006	0	$0	0	$0	2	$20,006
90-119	1	$7,697	2	$153,447	0	$0	3	$161,144
120-179	1	$47,265	3	$192,596	0	$0	4	$239,861
180-269	3	$51,935	2	$122,155	0	$0	5	$174,090
270-359	0	$0	0	$0	0	$0	0	$0
360+	4	$177,529	10	$430,243	0	$0	14	$607,772
REO	0	$0	0	$0	0	$0	0	$0
90+REO	9	$284,426	17	$898,441	-	$0	26	$1,182,867
Loss To Date
% to Original Pool Balance	0.95%	$593,238	11.60%	$6,661,484	0.00%	$0	6.05%	$7,254,722
Severity	36.41%		55.51%		0.00%		53.23%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.68%	$177,018	5.65%	$796,560	0.00%	$0	2.43%	$973,578
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	8.88%	$535,848	0.00%	$0	5.96%	$715,558
D	0.97%	$29,684	17.51%	$3,722,201	0.00%	$0	15.42%	$3,751,885
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%	$257,216	13.04%	$465,376	0.00%	$0	2.89%	$722,592
2-4 Unit	0.58%	$17,289	30.69%	$1,143,018	0.00%	$0	17.29%	$1,160,306
NIV	-0.02%	($1,569)	12.89%	$3,905,757	0.00%	$0	10.60%	$3,904,188
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	3.60%	2.20%	6.30%	33.00%	0.00%	0.00%	4.50%	11.10%
C- , D, NON	6.00%	42.10%	0.00%	30.70%	0.00%	0.00%	4.00%	32.00%
2-4, LOW, NIV	0.00%	4.50%	0.00%	22.70%	0.00%	0.00%	0.00%	7.90%
As of: December 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	110	$4,179,740	84	$5,304,317	0	$0	194	$9,484,057
LTV/WAC	65.62%	10.45%	65.00%	11.81%	0.00%	0.00%	65.27%	11.21%
A/A-	39	$1,758,917	29	$1,681,819	0	$0	68	$3,440,735
B	27	$1,157,033	8	$768,760	0	$0	35	$1,925,793
C	33	$1,056,658	10	$437,873	0	$0	43	$1,494,530
C-	8	$158,107	11	$625,462	0	$0	19	$783,568
D	3	$49,026	26	$1,790,404	0	$0	29	$1,839,430
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	86.53%	$36,936,300	89.47%	$51,402,516	0.00%	$0	88.21%	$88,338,816
Delinquency Status
CURRENT	107	$4,107,801	73	$4,699,617	0	$0	180	$8,807,418
30-59	1	$13,119	1	$48,749	0	$0	2	$61,868
60-89	0	$0	1	$24,499	0	$0	1	$24,499
90-119	1	$31,201	1	$8,570	0	$0	2	$39,771
120-179	1	$27,620	2	$142,323	0	$0	3	$169,943
180-269	0	$0	1	$41,161	0	$0	1	$41,161
270-359	0	$0	1	$42,226	0	$0	1	$42,226
360+	0	$0	4	$297,171	0	$0	4	$297,171
REO	0	$0	0	$0	0	$0	0	$0
90+REO	2	$58,821	9	$531,451	-	$0	11	$590,272
Loss To Date
% to Original Pool Balance	1.34%	$573,225	7.57%	$4,348,571	0.00%	$0	4.91%	$4,921,796
Severity	37.22%		49.59%		0.00%		47.74%
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	10.03%	$2,234,394	0.00%	$0	9.56%	$2,262,155
Unknown	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
Loss by Characteristic	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
Low Doc	0.89%	$148,438	14.75%	$662,940	0.00%	$0	3.84%	$811,378
2-4 Unit	1.71%	$27,272	23.27%	$578,539	0.00%	$0	14.85%	$605,811
NIV	1.20%	$49,274	8.15%	$2,291,023	0.00%	$0	7.26%	$2,340,297
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	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
C- , D, NON	17.50%	0.00%	24.90%	18.60%	0.00%	0.00%	23.40%	18.10%
2-4, LOW, NIV	0.00%	3.10%	0.00%	22.00%	0.00%	0.00%	0.00%	9.30%
As of: December 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	146	$5,245,125	52	$3,404,019	0	$0	198	$8,649,144
LTV/WAC	59.73%	10.29%	68.56%	12.35%	0.00%	0.00%	63.20%	11.10%
A/A-	63	$2,494,662	19	$1,465,554	0	$0	82	$3,960,216
B	33	$1,396,498	8	$561,906	0	$0	41	$1,958,404
C	37	$1,032,525	10	$558,706	0	$0	47	$1,591,231
C-	9	$245,239	9	$423,588	0	$0	18	$668,827
D	4	$76,201	6	$394,265	0	$0	10	$470,466
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	87.48%	$51,096,700	87.82%	$27,820,915	0.00%	$0	87.60%	$78,917,615
Delinquency Status
CURRENT	142	$5,046,465	42	$2,629,116	0	$0	184	$7,675,581
30-59	2	$73,367	4	$402,302	0	$0	6	$475,669
60-89	0	$0	0	$0	0	$0	0	$0
90-119	0	$0	0	$0	0	$0	0	$0
120-179	1	$103,999	1	$97,989	0	$0	2	$201,988
180-269	0	$0	1	$65,323	0	$0	1	$65,323
270-359	1	$21,294	0	$0	0	$0	1	$21,294
360+	0	$0	4	$209,289	0	$0	4	$209,289
REO	0	$0	0	$0	0	$0	0	$0
90+REO	2	$125,293	6	$372,601	-	$0	8	$497,894
Loss To Date
% to Original Pool Balance	0.43%	$250,883	8.72%	$2,761,988	0.00%	$0	3.34%	$3,012,871
Severity	17.67%		50.76%		0.00%		43.91%
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	7.81%	$484,605	0.00%	$0	2.58%	$490,424
C-	1.63%	$69,313	11.44%	$672,804	0.00%	$0	7.32%	$742,117
D	2.50%	$40,988	16.93%	$956,453	0.00%	$0	13.69%	$997,441
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	12.78%	$432,971	0.00%	$0	2.33%	$485,988
2-4 Unit	0.00%	$0	13.30%	$185,528	0.00%	$0	8.36%	$185,528
NIV	0.98%	$89,851	9.90%	$1,591,210	0.00%	$0	6.67%	$1,681,061
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	4.20%	0.00%	0.00%	0.00%	0.00%	0.00%	2.60%	0.00%
C- , D, NON	0.00%	0.00%	33.90%	41.40%	0.00%	0.00%	21.50%	34.70%
2-4, LOW, NIV	0.00%	1.80%	100.00%	0.00%	0.00%	0.00%	20.20%	1.60%
As of: December 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	63	$1,847,734	18	$770,786	0	$0	81	$2,618,520
LTV/WAC	55.67%	11.49%	66.56%	12.28%	0.00%	0.00%	58.87%	11.72%
A/A-	26	$849,720	7	$328,926	0	$0	33	$1,178,646
B	21	$636,020	3	$159,761	0	$0	24	$795,781
C	12	$258,421	4	$103,487	0	$0	16	$361,907
C-	2	$37,582	4	$178,613	0	$0	6	$216,195
D	2	$65,991	0	$0	0	$0	2	$65,991
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	90.62%	$25,900,100	94.49%	$19,566,799	0.00%	$0	92.25%	$45,466,899
Delinquency Status
CURRENT	62	$1,840,588	15	$653,957	0	$0	77	$2,494,545
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	$27,043	0	$0	1	$27,043
120-179	0	$0	0	$0	0	$0	0	$0
180-269	0	$0	0	$0	0	$0	0	$0
270-359	1	$7,146	0	$0	0	$0	1	$7,146
360+	0	$0	2	$89,786	0	$0	2	$89,786
REO	0	$0	0	$0	0	$0	0	$0
90+REO	1	$7,146	3	$116,829	-	$0	4	$123,975
Loss To Date
% to Original Pool Balance	0.51%	$146,611	12.48%	$2,585,140	0.00%	$0	5.54%	$2,731,751
Severity	23.87%		61.24%		0.00%		56.50%
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	12.21%	$407,700	0.00%	$0	5.61%	$469,349
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	8.33%	$85,865	0.00%	$0	7.25%	$124,687
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	0.80%	0.00%	16.00%	0.00%	0.00%	0.00%	5.10%	0.00%
C- , D, NON	0.00%	0.00%	20.70%	0.00%	0.00%	0.00%	17.10%	0.00%
2-4, LOW, NIV	0.00%	0.00%	0.00%	26.20%	0.00%	0.00%	0.00%	7.90%
As of: December 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	37	$1,058,358	16	$626,284	0	$0	53	$1,684,642
LTV/WAC	58.36%	11.78%	59.73%	13.50%	0.00%	0.00%	58.87%	12.42%
A/A-	15	$592,290	1	$37,035	0	$0	16	$629,325
B	7	$173,933	6	$265,958	0	$0	13	$439,891
C	12	$263,012	5	$111,508	0	$0	17	$374,520
C-	1	$2,395	2	$128,690	0	$0	3	$131,085
D	2	$26,728	2	$83,093	0	$0	4	$109,821
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	89.50%	$14,670,000	95.83%	$22,643,953	0.00%	$0	93.24%	$37,313,953
Delinquency Status
CURRENT	36	$1,050,298	15	$556,824	0	$0	51	$1,607,122
30-59	1	$8,060	0	$0	0	$0	1	$8,060
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	$69,460	0	$0	1	$69,460
180-269	0	$0	0	$0	0	$0	0	$0
270-359	0	$0	0	$0	0	$0	0	$0
360+	0	$0	0	$0	0	$0	0	$0
REO	0	$0	0	$0	0	$0	0	$0
90+REO	-	$0	1	$69,460	-	$0	1	$69,460
Loss To Date
% to Original Pool Balance	0.92%	$150,595	11.46%	$2,708,828	0.00%	$0	7.14%	$2,859,423
Severity	49.59%		66.93%		0.00%		65.72%
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	18.47%	$897,242	0.00%	$0	14.97%	$901,562
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%	54.00%	0.00%	0.00%	0.00%	53.00%	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 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	51	$1,286,655	16	$726,872	0	$0	67	$2,013,526
LTV/WAC	52.63%	12.27%	66.63%	12.40%	0.00%	0.00%	57.68%	12.31%
A/A-	16	$306,478	7	$405,916	0	$0	23	$712,394
B	1	$4,354	2	$30,457	0	$0	3	$34,811
C	18	$519,385	4	$101,829	0	$0	22	$621,213
C-	6	$94,728	2	$168,696	0	$0	8	$263,425
D	10	$361,710	1	$19,974	0	$0	11	$381,684
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	91.71%	$19,777,050	94.79%	$14,724,381	0.00%	$0	93.00%	$34,501,431
Delinquency Status
CURRENT	48	$1,212,316	13	$627,416	0	$0	61	$1,839,732
30-59	1	$14,224	0	$0	0	$0	1	$14,224
60-89	2	$60,114	0	$0	0	$0	2	$60,114
90-119	0	$0	1	$19,974	0	$0	1	$19,974
120-179	0	$0	1	$19,184	0	$0	1	$19,184
180-269	0	$0	1	$60,298	0	$0	1	$60,298
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	3	$99,456	-	$0	3	$99,456
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%	14.90%	63.00%	0.00%	0.00%	8.50%	55.10%
C- , D, NON	0.00%	0.00%	0.00%	100.00%	0.00%	0.00%	0.00%	5.20%
2-4, LOW, NIV	0.00%	0.00%	0.00%	40.40%	0.00%	0.00%	0.00%	8.50%
As of: December 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	81	$2,670,421	7	$434,521	0	$0	88	$3,104,942
LTV/WAC	59.21%	11.35%	59.38%	11.52%	0.00%	0.00%	59.24%	11.37%
A/A-	41	$1,575,987	1	$45,143	0	$0	42	$1,621,130
B	7	$232,026	2	$70,722	0	$0	9	$302,749
C	24	$631,508	3	$165,844	0	$0	27	$797,352
C-	3	$89,194	1	$152,812	0	$0	4	$242,006
D	6	$141,706	0	$0	0	$0	6	$141,706
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	87.04%	$24,869,995	89.89%	$4,227,703	0.00%	$0	87.44%	$29,097,698
Delinquency Status
CURRENT	77	$2,566,931	6	$412,331	0	$0	83	$2,979,262
30-59	1	$10,871	0	$0	0	$0	1	$10,871
60-89	1	$16,410	0	$0	0	$0	1	$16,410
90-119	1	$70,580	0	$0	0	$0	1	$70,580
120-179	1	$5,629	0	$0	0	$0	1	$5,629
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	$22,190	0	$0	1	$22,190
90+REO	2	$76,209	1	$22,190	-	$0	3	$98,399
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	4.50%	0.00%	0.00%	0.00%	0.00%	0.00%	4.40%	0.00%
C- , D, NON	0.00%	4.00%	0.00%	0.00%	0.00%	0.00%	0.00%	4.00%
2-4, LOW, NIV	0.00%	1.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.00%
As of: December 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	75	$2,113,486	11	$473,675	0	$0	86	$2,587,161
LTV/WAC	55.41%	11.48%	68.12%	11.73%	0.00%	0.00%	57.74%	11.53%
A/A-	31	$915,198	5	$177,548	0	$0	36	$1,092,746
B	11	$314,184	2	$124,192	0	$0	13	$438,376
C	10	$320,375	0	$0	0	$0	10	$320,375
C-	0	$0	1	$84,464	0	$0	1	$84,464
D	23	$563,729	3	$87,471	0	$0	26	$651,201
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	88.56%	$22,207,750	90.26%	$7,071,555	0.00%	$0	88.96%	$29,279,305
Delinquency Status
CURRENT	73	$2,090,151	10	$456,043	0	$0	83	$2,546,194
30-59	0	$0	1	$17,632	0	$0	1	$17,632
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	$16,675	0	$0	0	$0	1	$16,675
270-359	1	$6,661	0	$0	0	$0	1	$6,661
360+	0	$0	0	$0	0	$0	0	$0
REO	0	$0	0	$0	0	$0	0	$0
90+REO	2	$23,336	-	$0	-	$0	2	$23,336
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: December 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	56	$1,196,211	2	$153,096	0	$0	58	$1,349,307
LTV/WAC	52.81%	10.73%	66.31%	10.05%	0.00%	0.00%	54.34%	10.65%
A/A-	15	$329,892	0	$0	0	$0	15	$329,892
B	14	$273,581	1	$103,638	0	$0	15	$377,219
C	8	$148,657	0	$0	0	$0	8	$148,657
C-	1	$19,070	1	$49,458	0	$0	2	$68,527
D	17	$403,492	0	$0	0	$0	17	$403,492
Unknown	1	$21,519	0	$0	0	$0	1	$21,519
Paid Off	88.82%	$15,807,290	83.00%	$1,601,950	0.00%	$0	88.25%	$17,409,240
Delinquency Status
CURRENT	55	$1,186,547	2	$153,096	0	$0	57	$1,339,643
30-59	0	$0	0	$0	0	$0	0	$0
60-89	1	$9,664	0	$0	0	$0	1	$9,664
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%		0.00%		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: December 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	33	$783,217	2	$70,730	0	$0	35	$853,947
LTV/WAC	51.85%	10.68%	60.75%	10.84%	0.00%	0.00%	52.59%	10.69%
A/A-	1	$11,776	0	$0	0	$0	1	$11,776
B	14	$274,878	1	$57,520	0	$0	15	$332,398
C	3	$63,890	0	$0	0	$0	3	$63,890
C-	1	$31,042	0	$0	0	$0	1	$31,042
D	7	$183,613	0	$0	0	$0	7	$183,613
Unknown	7	$218,017	1	$13,211	0	$0	8	$231,227
Paid Off	88.96%	$10,327,515	62.03%	$135,900	0.00%	$0	88.46%	$10,463,415
Delinquency Status
CURRENT	32	$764,714	2	$70,730	0	$0	34	$835,444
30-59	0	$0	0	$0	0	$0	0	$0
60-89	0	$0	0	$0	0	$0	0	$0
90-119	1	$18,503	0	$0	0	$0	1	$18,503
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	1	$18,503	-	$0	-	$0	1	$18,503
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%	10.10%	0.00%	0.00%	0.00%	0.00%	0.00%	10.10%
2-4, LOW, NIV	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
As of: December 2002