January 2003 Arm Loans

EX-99 3 jan03arm.htm EXHIBIT 99.1 January 2003 Arm Loans

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	65	$6,296,507	0	$0	69	$6,429,349	0	$0	134	$12,725,855
LTV/WAC	74.62%	8.90%	0.00%	0.00%	79.91%	9.18%	0.00%	0.00%	77.29%	9.04%
A/A-	28	$3,159,439	0	$0	39	$3,947,241	0	$0	67	$7,106,680
B	22	$2,128,913	0	$0	18	$1,751,672	0	$0	40	$3,880,585
C	7	$455,951	0	$0	6	$433,964	0	$0	13	$889,915
C-	0	$0	0	$0	5	$261,035	0	$0	5	$261,035
D	8	$552,203	0	$0	1	$35,437	0	$0	1	$92,530
Paid Off	32.01%	$2,983,410	0.00%	$0	10.93%	$794,650	0.00%	$0	22.77%	$3,778,060
Status
CURRENT	61	$5,917,673	0	$0	65	$5,914,965	0	$0	126	$11,832,638
30-59	0	$0	0	$0	1	$92,530	0	$0	1	$92,530
60-89	0	$0	0	$0	2	$186,379	0	$0	2	$186,379
90-119	1	$112,534	0	$0	0	$0	0	$0	1	$112,534
120-219	1	$55,012	0	$0	1	$235,475	0	$0	2	$290,487
180-269	1	$89,823	0	$0	0	$0	0	$0	1	$89,823
270-359	1	$121,465	0	$0	0	$0	0	$0	1	$121,465
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	$378,834	0	$0	1	$235,475	0	$0	5	$614,309
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%	7.87%	0.00%	0.00%	5.97%	0.00%	0.00%	0.00%	3.31%	4.32%
C- , D, NON	0.00%	38.26%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	35.96%
2-4, LOW , NIV	13.81%	0.00%	0.00%	0.00%	37.09%	0.00%	0.00%	0.00%	23.57%	0.00%
As of: January 2003

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	69	$5,350,199	0	$0	66	$4,927,163	0	$0	135	$10,277,361
LTV/WAC	77.24%	10.44%	0.00%	0.00%	78.61%	10.50%	0.00%	0.00%	77.90%	10.47%
A/A-	19	$1,950,614	0	$0	22	$1,833,473	0	$0	41	$3,784,087
B	27	$1,886,957	0	$0	22	$1,437,944	0	$0	49	$3,324,902
C	16	$1,180,498	0	$0	10	$949,040	0	$0	26	$2,129,538
C-	0	$0	0	$0	10	$609,324	0	$0	10	$609,324
D	7	$332,130	0	$0	2	$97,381	0	$0	9	$429,511
Paid Off	48.42%	$5,062,608	0.00%	$0	25.01%	$1,664,840	0.00%	$0	39.32%	$6,727,448
Status
CURRENT	55	$4,407,138	0	$0	52	$4,187,564	0	$0	107	$8,594,702
30-59	5	$298,651	0	$0	4	$220,873	0	$0	9	$519,523
60-89	2	$170,001	0	$0	1	$56,149	0	$0	3	$226,150
90-119	0	$0	0	$0	2	$88,696	0	$0	2	$88,696
120-219	2	$211,581	0	$0	0	$0	0	$0	2	$211,581
180-269	2	$110,376	0	$0	4	$210,559	0	$0	6	$320,935
270-359	2	$102,852	0	$0	1	$55,864	0	$0	3	$158,716
360+	1	$49,600	0	$0	0	$0	0	$0	1	$49,600
REO	0	$0	0	$0	2	$107,458	0	$0	2	$107,458
90+REO	7	$474,409	0	$0	9	$462,577	0	$0	16	$936,986
Loss To Date
% to Original	0.36%	$37,351	0.00%	$0	0.91%	$60,258	0.00%	$0	0.57%	$97,608
Severity	48.56%		0.00%		56.50%		0.00%		53.17%
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	6.13%	$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	2.01%	$41,341	0.00%	$0	1.29%	$41,341
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%	16.22%	0.00%	0.00%	7.57%	8.44%	0.00%	0.00%	3.67%	12.86%
C- , D, NON	0.00%	0.00%	0.00%	0.00%	7.07%	100.00%	0.00%	0.00%	7.07%	22.67%
2-4, LOW , NIV	8.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	5.02%	0.00%
As of: January 2003

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	$667,647	0	$0	22	$1,554,960	0	$0	33	$2,222,607
LTV/WAC	78.52%	10.40%	0.00%	0.00%	78.44%	11.15%	0.00%	0.00%	78.46%	10.92%
A/A-	2	$88,729	0	$0	7	$483,301	0	$0	9	$572,030
B	5	$445,381	0	$0	6	$386,557	0	$0	11	$831,938
C	4	$133,537	0	$0	4	$337,944	0	$0	8	$471,481
C-	0	$0	0	$0	3	$221,343	0	$0	3	$221,343
D	0	$0	0	$0	2	$125,816	0	$0	2	$125,816
Paid Off	41.49%	$478,100	0.00%	$0	43.45%	$1,205,300	0.00%	$0	42.87%	$1,683,400
Status
CURRENT	9	$617,571	0	$0	17	$1,213,685	0	$0	26	$1,831,256
30-59	0	$0	0	$0	1	$62,379	0	$0	1	$62,379
60-89	0	$0	0	$0	1	$67,891	0	$0	1	$67,891
90-119	0	$0	0	$0	0	$0	0	$0	0	$0
120-219	0	$0	0	$0	1	$27,832	0	$0	1	$27,832
180-269	1	$24,614	0	$0	1	$111,367	0	$0	2	$135,981
270-359	0	$0	0	$0	0	$0	0	$0	0	$0
360+	1	$25,462	0	$0	1	$71,807	0	$0	2	$97,269
REO	0	$0	0	$0	0	$0	0	$0	0	$0
90+REO	2	$50,076	0	$0	3	$211,006	0	$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	32.68%	$41,341	0.00%	$0	18.68%	$41,341
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%	18.58%	0.00%	0.00%	4.87%	8.63%
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: January 2003

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	160.19%	$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	57	$4,643,759	0	$0	46	$4,019,279	0	$0	103	$8,663,038
LTV/WAC	77.77%	10.50%	0.00%	0.00%	82.42%	10.50%	0.00%	0.00%	79.93%	10.50%
A/A-	21	$1,539,485	0	$0	25	$2,653,932	0	$0	46	$4,193,417
B	20	$1,758,905	0	$0	14	$962,473	0	$0	34	$2,721,377
C	14	$1,160,955	0	$0	5	$205,439	0	$0	19	$1,366,394
C-	0	$0	0	$0	1	$47,618	0	$0	1	$47,618
D	2	$184,415	0	$0	1	$149,818	0	$0	3	$334,232
Paid Off	44.19%	$3,710,200	0.00%	$0	33.80%	$2,070,186	0.00%	$0	39.81%	$5,780,386
Status
CURRENT	32	$2,987,683	0	$0	29	$2,639,626	0	$0	61	$5,627,309
30-59	2	$186,966	0	$0	3	$260,630	0	$0	5	$447,596
60-89	0	$0	0	$0	0	$0	0	$0	0	$0
90-119	1	$130,855	0	$0	0	$0	0	$0	1	$130,855
120-179	3	$175,922	0	$0	3	$275,235	0	$0	6	$451,157
180-269	2	$205,516	0	$0	2	$78,796	0	$0	4	$284,312
270-359	3	$145,645	0	$0	1	$35,090	0	$0	4	$180,735
360+	7	$393,841	0	$0	3	$380,454	0	$0	10	$774,295
REO	7	$417,331	0	$0	5	$349,449	0	$0	12	$766,780
90+REO	23	$1,469,110	0	$0	14	$1,119,024	0	$0	37	$2,588,133
Loss To Date
% to Original	1.71%	$143,598	0.00%	$0	1.60%	$98,074	0.00%	$0	1.66%	$241,672
Severity	43.00%		0.00%		84.45%		0.00%		53.69%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	0.28%	$7,500	0.00%	$0	1.14%	$44,601	0.00%	$0	0.79%	$52,101
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	6.16%	$62,724	0.00%	$0	0.00%	$0	0.00%	$0	3.64%	$62,724
NIV	0.00%	$0	0.00%	$0	1.48%	$27,508	0.00%	$0	0.99%	$27,508
Non-Owner	6.61%	$136,097	0.00%	$0	0.00%	$0	0.00%	$0	5.40%	$136,097
90+ & REO
A/A-, B , C	46.84%	25.77%	0.00%	0.00%	26.64%	31.69%	0.00%	0.00%	34.05%	27.86%
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	25.08%	13.07%	0.00%	0.00%	74.56%	0.00%	0.00%	0.00%	48.59%	13.07%
As of: January 2003

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	$1,369,326	0	$0	55	$5,173,025	0	$0	67	$6,542,351
LTV/WAC	74.38%	10.63%	0.00%	0.00%	90.13%	10.59%	0.00%	0.00%	86.84%	10.59%
A/A-	2	$172,997	0	$0	50	$4,833,419	0	$0	52	$5,006,415
B	5	$504,475	0	$0	4	$268,753	0	$0	9	$773,228
C	4	$578,645	0	$0	1	$70,854	0	$0	5	$649,499
C-	1	$113,209	0	$0	0	$0	0	$0	1	$113,209
D	0	$0	0	$0	0	$0	0	$0	0	$0
Paid Off	42.07%	$1,000,897	100.00%	$135,000	48.44%	$4,912,340	0.00%	$0	47.79%	$6,048,237
Status
CURRENT	6	$631,740	0	$0	46	$4,044,725	0	$0	52	$4,676,466
30-59	0	$0	0	$0	2	$123,867	0	$0	2	$123,867
60-89	0	$0	0	$0	0	$0	0	$0	0	$0
90-119	0	$0	0	$0	1	$150,911	0	$0	1	$150,911
120-179	1	$58,286	0	$0	0	$0	0	$0	1	$58,286
180-269	0	$0	0	$0	1	$172,848	0	$0	1	$172,848
270-359	0	$0	0	$0	0	$0	0	$0	0	$0
360+	3	$118,177	0	$0	5	$680,674	0	$0	8	$798,851
REO	2	$561,122	0	$0	0	$0	0	$0	2	$561,122
90+REO	6	$737,585	0	$0	7	$1,004,433	0	$0	13	$1,742,019
Loss To Date
% to Original	5.48%	$130,303	0.00%	$0	1.30%	$131,641	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%	$131,641	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%	$136,097	0.00%	$0	0.00%	$27,508	0.00%	$0	0.00%	$163,606
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%	56.01%	0.00%	0.00%	18.84%	34.88%	0.00%	0.00%	19.01%	48.67%
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	19.96%	0.00%	0.00%	0.00%	30.35%	0.00%	0.00%	0.00%	25.77%	0.00%
As of: January 2003

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	401	$37,308,541	19	$2,117,757	1009	$97,424,891	9	$836,600	1438	$137,687,789
LTV/WAC	75.74%	10.76%	71.06%	9.85%	80.39%	10.72%	76.60%	11.44%	78.96%	10.72%
A/A-	98	$10,216,677	3	$229,371	499	$55,196,075	3	$208,972	603	$65,851,096
B	146	$13,709,456	11	$1,373,344	274	$26,289,248	3	$197,162	434	$41,569,209
C	102	$8,687,072	4	$459,368	168	$12,159,658	2	$381,793	276	$21,687,892
C-	25	$2,297,788	1	$55,674	48	$2,765,409	1	$48,673	75	$5,167,544
D	30	$2,397,547	0	$0	20	$1,014,501	0	$0	50	$3,412,048
Paid Off	52.75%	$42,146,935	76.93%	$7,170,020	57.73%	$134,714,325	50.56%	$864,800	57.02%	$184,896,080
Status
CURRENT	243	$22,641,111	14	$1,445,816	670	$66,177,527	5	$290,991	932	$90,555,444
30-59	29	$2,961,755	1	$128,203	63	$6,051,168	1	$347,196	94	$9,488,322
60-89	16	$1,628,056	1	$205,617	25	$2,647,466	0	$0	42	$4,481,138
90-119	5	$311,158	0	$0	23	$1,993,677	0	$0	28	$2,304,835
120-179	12	$1,118,348	1	$84,125	44	$3,645,704	1	$97,866	58	$4,946,042
180-269	19	$1,599,517	0	$0	39	$3,401,958	0	$0	58	$5,001,475
270-359	23	$2,088,183	0	$0	32	$3,453,379	1	$48,673	56	$5,590,236
360+	29	$2,907,891	1	$79,328	76	$6,741,870	0	$0	106	$9,729,090
REO	25	$2,052,522	1	$174,668	37	$3,312,142	1	$51,874	64	$5,591,206
90+REO	113	$10,077,619	3	$338,122	251	$22,548,730	3	$198,413	370	$33,162,884
Loss To Date
% to Original	1.86%	$1,482,695	1.57%	$146,053	1.30%	$3,040,081	0.00%	$0	1.44%	$4,668,829
Severity	32.98%		51.11%		36.13%		0.00%		35.38%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	1.22%	$292,215	2.79%	$124,918	0.58%	$789,794	0.00%	$0	0.73%	$1,206,928
B	1.72%	$454,889	0.66%	$21,135	1.40%	$837,972	0.00%	$0	1.46%	$1,313,996
C	3.24%	$618,850	0.00%	$0	3.53%	$1,001,125	0.00%	$0	3.28%	$1,619,975
C-	1.85%	$87,627	0.00%	$0	6.78%	$367,032	0.00%	$0	4.37%	$454,658
D	0.52%	$29,113	0.00%	$0	1.57%	$44,157	0.00%	$0	0.86%	$73,271
Loss by Characteristic	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
Low Doc	0.84%	$112,442	0.00%	$0	5.75%	$294,635	0.00%	$0	2.18%	$407,076
2-4 Unit	6.91%	$163,013	0.00%	$0	1.47%	$193,277	0.00%	$0	2.15%	$356,290
NIV	1.50%	$68,783	7.97%	$76,134	1.64%	$945,752	0.00%	$0	1.72%	$1,090,669
Non-Owner	6.76%	$232,527	0.00%	$0	0.07%	$6,652	0.00%	$0	1.84%	$239,179
90+ & REO
A/A-, B , C	16.86%	24.50%	34.59%	6.13%	17.12%	29.38%	46.83%	26.31%	17.23%	26.99%
C- , D, NON	48.74%	61.02%	0.00%	0.00%	36.71%	37.63%	100.00%	0.00%	42.26%	54.07%
2-4, LOW , NIV	0.00%	23.00%	0.00%	0.00%	20.99%	27.75%	0.00%	0.00%	19.11%	23.51%
As of: January 2003

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	257	$20,205,274	18	$1,918,390	798	$67,106,269	17	$1,698,348	1090	$90,928,281
LTV/WAC	74.47%	10.67%	72.23%	10.75%	78.47%	11.02%	78.41%	9.78%	77.45%	10.92%
A/A-	66	$5,363,353	8	$887,200	347	$34,116,017	7	$995,911	428	$41,362,481
B	89	$8,091,935	5	$719,266	225	$17,393,109	6	$410,932	325	$26,615,242
C	56	$4,498,332	3	$211,599	153	$11,079,171	3	$244,616	215	$16,033,717
C-	19	$923,466	1	$65,939	45	$2,666,764	1	$46,889	66	$3,703,059
D	27	$1,328,188	1	$34,386	28	$1,851,209	0	$0	56	$3,213,783
Paid Off	56.72%	$26,826,610	74.40%	$5,649,480	64.72%	$124,838,867	50.73%	$1,776,807	63.31%	$159,091,764
Status
CURRENT	161	$12,254,452	13	$1,428,301	498	$42,430,176	10	$836,380	682	$56,949,309
30-59	10	$865,021	0	$0	44	$3,641,792	0	$0	54	$4,506,813
60-89	14	$1,270,564	0	$0	21	$1,975,792	1	$37,320	36	$3,283,676
90-119	5	$275,434	0	$0	13	$1,113,124	0	$0	18	$1,388,557
120-179	8	$698,288	0	$0	26	$2,000,995	1	$47,682	35	$2,746,965
180-269	13	$971,566	0	$0	49	$4,220,035	1	$59,774	63	$5,251,376
270-359	7	$551,002	1	$51,395	23	$1,680,323	0	$0	31	$2,282,720
360+	29	$2,661,279	2	$68,655	83	$7,233,046	3	$629,995	117	$10,592,974
REO	10	$657,667	2	$370,040	41	$2,810,987	1	$87,197	54	$3,925,891
90+REO	72	$5,815,236	5	$490,089	235	$19,058,509	6	$824,648	318	$26,188,483
Loss To Date
% to Original	2.30%	$1,086,985	1.16%	$87,870	1.71%	$3,305,613	-0.47%	-$16,392	1.78%	$4,464,075
Severity	32.52%		48.31%		37.93%		-30.39%		36.31%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	2.78%	$320,866	0.00%	$0	0.66%	$673,981	0.00%	$0	0.83%	$994,846
B	0.81%	$131,061	2.60%	$49,791	2.35%	$1,223,499	0.00%	$0	1.98%	$1,404,351
C	2.29%	$296,879	2.59%	$26,388	3.21%	$870,714	-3.00%	($16,392)	2.87%	$1,193,981
C-	4.74%	$130,492	0.00%	$0	5.45%	$341,474	0.00%	$0	4.94%	$471,966
D	5.37%	$207,688	18.14%	$11,691	3.88%	$195,945	0.00%	$0	4.59%	$415,324
Loss by Characteristic	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
Low Doc	3.46%	$235,894	0.00%	$0	3.49%	$203,984	0.00%	$0	3.47%	$439,879
2-4 Unit	7.07%	$134,149	0.00%	$0	3.00%	$354,972	0.00%	$0	3.46%	$489,121
NIV	5.00%	$126,804	0.00%	$0	2.26%	$1,182,696	0.00%	$0	2.33%	$1,309,500
Non-Owner	5.62%	$169,650	0.00%	$0	2.16%	$154,492	0.00%	$0	3.10%	$324,142
90+ & REO
A/A-, B , C	19.74%	26.43%	41.71%	7.15%	22.53%	22.64%	48.60%	59.87%	23.21%	23.95%
C- , D, NON	55.52%	40.61%	0.00%	100.00%	41.37%	62.43%	100.00%	0.00%	44.91%	53.81%
2-4, LOW , NIV	25.80%	43.24%	29.48%	0.00%	38.20%	21.50%	0.00%	0.00%	35.39%	31.03%
As of: January 2003

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	$1,136,666	31	$3,516,091	597	$45,911,562	646	$50,564,319
LTV/WAC	75.76%	9.32%	81.19%	9.89%	79.45%	10.37%	79.49%	10.32%
A/A-	7	$559,007	18	$2,440,610	304	$26,667,948	329	$29,667,566
B	4	$194,342	10	$866,577	181	$12,956,300	195	$14,017,219
C	2	$111,186	3	$208,904	39	$2,478,650	44	$2,798,740
C-	4	$252,446	0	$0	15	$986,447	19	$1,238,893
D	1	$19,685	0	$0	58	$2,822,216	59	$2,841,901
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	76.93%	$3,873,100	67.52%	$8,275,346	63.02%	$95,757,561	63.76%	$107,906,007
Status
CURRENT	14	$881,353	26	$2,904,377	475	$36,272,339	515	$40,058,069
30-59	0	$0	1	$108,644	13	$734,702	14	$843,346
60-89	1	$65,551	2	$254,668	8	$724,709	11	$1,044,928
90-119	0	$0	0	$0	9	$790,172	9	$790,172
120-179	0	$0	1	$80,378	15	$1,115,952	16	$1,196,330
180-269	0	$0	0	$0	17	$1,244,877	17	$1,244,877
270-359	0	$0	0	$0	13	$832,117	13	$832,117
360+	2	$132,370	1	$168,023	27	$2,764,660	30	$3,065,053
REO	1	$57,392	0	$0	20	$1,432,035	21	$1,489,427
90+REO	3	$189,762	2	$248,401	101	$8,179,813	106	$8,617,976
Loss To Date
% to Original	0.38%	$19,053	1.56%	$190,942	5.56%	$8,446,978	5.12%	$8,656,973
Severity	10.21%		30.86%		47.65%		46.71%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.69%	$20,049	0.61%	$41,858	3.20%	$2,788,620	2.95%	$2,850,527
B	0.00%	$0	1.80%	$63,869	6.68%	$2,633,042	6.14%	$2,696,911
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%	10.20%	0.00%	13.20%	18.20%	12.70%	16.80%
C- , D, NON	52.40%	0.00%	0.00%	0.00%	45.20%	37.20%	46.70%	36.90%
2-4, LOW, NIV	36.70%	100.00%	0.00%	0.00%	23.20%	19.70%	21.30%	25.30%
As of: January 2003

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	23	$1,893,398	10	$781,995	567	$41,581,834	600	$44,257,227
LTV/WAC	79.46%	8.48%	72.64%	11.08%	76.89%	10.44%	76.93%	10.36%
A/A-	13	$1,290,741	3	$352,849	247	$20,760,069	263	$22,403,659
B	7	$439,915	1	$35,845	169	$12,090,222	177	$12,565,982
C	1	$66,573	2	$80,280	51	$2,661,214	54	$2,808,067
C-	0	$0	0	$0	18	$965,228	18	$965,228
D	2	$96,169	4	$313,022	82	$5,105,100	88	$5,514,291
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	74.40%	$8,022,500	82.44%	$4,921,115	73.05%	$135,240,820	73.40%	$148,184,435
Delinquency Status
CURRENT	19	$1,659,874	9	$657,731	439	$32,191,711	467	$34,509,316
30-59	0	$0	1	$124,264	17	$1,134,748	18	$1,259,012
60-89	0	$0	0	$0	15	$1,161,079	15	$1,161,079
90-119	0	$0	0	$0	12	$650,379	12	$650,379
120-179	2	$107,913	0	$0	18	$1,325,996	20	$1,433,909
180-269	0	$0	0	$0	14	$819,095	14	$819,095
270-359	0	$0	0	$0	14	$1,081,648	14	$1,081,648
360+	2	$125,612	0	$0	22	$1,923,374	24	$2,048,986
REO	0	$0	0	$0	16	$1,293,805	16	$1,293,805
90+REO	4	$233,525	0	$0	96	$7,094,297	100	$7,327,822
Loss To Date
% to Original Pool Balance	1.38%	$148,863	4.03%	$240,608	4.98%	$9,228,955	4.76%	$9,618,426
Severity	22.45%		43.85%		45.08%		44.35%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.00%	$0	0.00%	$0	2.85%	$2,713,902	2.60%	$2,713,902
B	3.64%	$87,628	10.89%	$139,156	6.28%	$3,046,982	6.27%	$3,273,766
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	8.35%	$722,737	7.94%	$747,018
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	4.67%	$2,710,146	4.56%	$2,813,862
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	5.50%	0.00%	0.00%	0.00%	7.70%	20.70%	7.50%	19.90%
C- , D, NON	0.00%	100.00%	0.00%	0.00%	14.60%	41.10%	14.60%	39.80%
2-4, LOW, NIV	23.00%	34.20%	0.00%	0.00%	25.40%	30.10%	25.00%	30.00%
As of: January 2003

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	$2,854,490	69	$6,448,424	283	$21,192,211	385	$30,495,125
LTV/WAC	80.37%	8.84%	81.80%	9.98%	79.61%	9.92%	80.14%	9.83%
A/A-	17	$1,758,205	46	$4,526,646	155	$13,078,571	218	$19,363,422
B	11	$788,367	15	$1,294,224	87	$5,694,427	113	$7,777,018
C	2	$179,426	0	$0	11	$771,997	13	$951,423
C-	1	$36,275	1	$51,627	10	$692,997	12	$780,899
D	2	$92,218	7	$575,927	20	$954,218	29	$1,622,363
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	83.02%	$17,543,000	89.40%	$68,481,135	83.27%	$134,791,687	85.06%	$220,815,822
Delinquency Status
CURRENT	23	$2,009,040	66	$5,990,133	253	$18,631,596	342	$26,630,769
30-59	3	$236,131	1	$295,226	8	$536,419	12	$1,067,776
60-89	0	$0	0	$0	3	$242,997	3	$242,997
90-119	2	$150,684	0	$0	3	$105,147	5	$255,831
120-179	1	$130,440	0	$0	6	$624,179	7	$754,619
180-269	1	$118,971	1	$84,577	3	$504,361	5	$707,909
270-359	1	$77,172	0	$0	3	$197,152	4	$274,324
360+	1	$69,715	1	$78,489	2	$144,138	4	$292,342
REO	1	$62,338	0	$0	2	$206,220	3	$268,558
90+REO	7	$609,320	2	$163,066	19	$1,781,197	28	$2,553,583
Loss To Date
% to Original Pool Balance	4.70%	$993,332	4.35%	$3,334,806	4.16%	$6,734,926	4.26%	$11,063,064
Severity	40.64%		34.90%		36.36%		36.25%
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	4.80%	$2,106,249	5.30%	$3,460,061
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	10.10%	$650,048	9.33%	$1,261,084
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	4.28%	$2,190,665	4.45%	$3,448,487
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%	28.90%	1.90%	0.00%	8.40%	5.20%	7.70%	6.70%
C- , D, NON	0.00%	75.60%	0.00%	13.60%	45.80%	7.50%	40.60%	13.60%
2-4, LOW, NIV	0.00%	76.20%	0.00%	0.00%	5.70%	18.60%	4.30%	28.90%
As of: January 2003

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	$2,829,239	102	$9,698,187	380	$26,105,970	514	$38,633,395
LTV/WAC	76.78%	11.24%	78.87%	10.34%	77.78%	9.96%	77.98%	10.15%
A/A-	13	$1,261,246	54	$5,717,125	179	$14,461,127	246	$21,439,498
B	15	$1,259,750	21	$1,984,901	127	$7,868,109	163	$11,112,760
C	3	$208,422	11	$862,441	43	$2,143,181	57	$3,214,044
C-	1	$99,821	2	$142,417	11	$577,194	14	$819,432
D	0	$0	14	$991,303	20	$1,056,359	34	$2,047,661
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	85.72%	$17,745,500	91.07%	$116,743,943	86.17%	$194,363,155	87.82%	$328,852,598
Delinquency Status
CURRENT	26	$2,396,912	74	$7,072,992	315	$21,111,458	415	$30,581,362
30-59	2	$69,339	4	$407,499	13	$832,637	19	$1,309,475
60-89	0	$0	1	$136,447	2	$147,339	3	$283,786
90-119	0	$0	2	$206,127	3	$167,766	5	$373,893
120-179	3	$258,245	4	$406,434	7	$342,168	14	$1,006,847
180-269	1	$104,742	3	$192,793	7	$645,483	11	$943,018
270-359	0	$0	2	$197,086	9	$755,195	11	$952,281
360+	0	$0	8	$694,076	16	$1,394,789	24	$2,088,865
REO	0	$0	4	$384,734	8	$709,135	12	$1,093,869
90+REO	4	$362,987	23	$2,081,250	50	$4,014,536	77	$6,458,773
Loss To Date
% to Original Pool Balance	4.05%	$837,535	7.47%	$9,575,451	6.17%	$13,915,920	6.50%	$24,328,906
Severity	47.00%		45.13%		46.50%		45.97%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	3.02%	$335,573	5.92%	$4,960,246	3.96%	$5,181,286	4.64%	$10,477,105
B	2.74%	$168,428	8.34%	$2,096,790	7.85%	$4,992,818	7.65%	$7,258,036
C	6.94%	$140,645	8.44%	$604,097	13.68%	$1,920,557	11.48%	$2,665,299
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	12.21%	$1,563,336	14.43%	$3,562,207
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	11.66%	$1,689,561	10.45%	$2,464,901
NIV	6.46%	$215,205	9.72%	$3,461,627	4.98%	$4,350,513	6.36%	$8,027,345
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%	19.70%	13.10%	14.80%	15.20%	14.00%
C- , D, NON	0.00%	0.00%	24.00%	24.40%	14.90%	41.50%	14.70%	33.20%
2-4, LOW, NIV	54.00%	0.00%	31.10%	100.00%	7.90%	41.80%	21.60%	45.30%
As of: January 2003

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	$872,370	46	$4,254,134	164	$12,577,276	220	$17,703,781
LTV/WAC	75.65%	11.20%	77.90%	11.19%	77.45%	9.89%	77.47%	10.26%
A/A-	8	$721,594	20	$2,105,976	72	$7,206,239	100	$10,033,808
B	1	$121,273	12	$955,783	59	$3,667,151	72	$4,744,207
C	0	$0	3	$488,578	18	$954,652	21	$1,443,230
C-	0	$0	0	$0	3	$142,908	3	$142,908
D	1	$29,503	11	$703,797	12	$606,327	24	$1,339,627
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	91.72%	$9,920,400	90.86%	$48,264,964	83.59%	$72,340,311	86.74%	$130,525,675
Delinquency Status
CURRENT	6	$440,502	36	$3,313,456	138	$10,756,195	180	$14,510,153
30-59	1	$101,493	0	$0	5	$273,140	6	$374,633
60-89	1	$29,503	2	$111,068	2	$130,614	5	$271,185
90-119	0	$0	0	$0	1	$35,116	1	$35,116
120-179	0	$0	0	$0	1	$95,395	1	$95,395
180-269	0	$0	1	$29,408	5	$329,400	6	$358,808
270-359	2	$300,872	0	$0	3	$194,652	5	$495,524
360+	0	$0	4	$388,363	7	$660,485	11	$1,048,848
REO	0	$0	3	$411,840	2	$102,279	5	$514,119
90+REO	2	$300,872	8	$829,611	19	$1,417,327	29	$2,547,810
Loss To Date
% to Original Pool Balance	1.17%	$126,548	12.18%	$6,468,529	5.48%	$4,742,491	7.53%	$11,337,568
Severity	31.37%		59.66%		45.82%		52.50%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	1.72%	$118,545	11.82%	$3,465,388	3.74%	$1,898,460	6.31%	$5,482,393
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	10.85%	$659,090	12.15%	$1,178,947
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	4.22%	$1,472,037	7.91%	$4,274,830
Non-Owner	0.00%	$0	61.57%	$735,956	8.29%	$676,183	14.64%	$1,412,139
90+ & REO as % Rem
A/A- , B, C	24.90%	100.00%	27.90%	18.30%	6.40%	11.50%	12.30%	15.10%
C- , D, NON	0.00%	0.00%	0.00%	9.60%	0.00%	45.20%	0.00%	25.50%
2-4, LOW, NIV	0.00%	48.40%	100.00%	0.00%	4.50%	0.00%	6.70%	34.90%
As of: January 2003

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	24	$1,815,924	82	$7,029,986	469	$35,465,028	575	$44,310,938
LTV/WAC	75.21%	11.18%	80.40%	10.61%	76.66%	9.77%	77.19%	9.96%
A/A-	11	$736,009	38	$3,325,738	265	$22,852,252	314	$26,913,999
B	9	$639,233	25	$2,524,044	133	$8,906,854	167	$12,070,130
C	1	$119,443	11	$656,914	35	$1,683,466	47	$2,459,822
C-	3	$321,240	1	$43,264	5	$236,997	9	$601,501
D	0	$0	7	$480,027	31	$1,785,459	38	$2,265,486
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	89.09%	$17,479,700	93.29%	$111,349,070	81.36%	$198,263,716	85.48%	$327,092,486
Delinquency Status
CURRENT	20	$1,330,097	70	$5,807,440	410	$30,725,915	500	$37,863,452
30-59	0	$0	1	$265,249	7	$316,027	8	$581,276
60-89	0	$0	1	$75,013	5	$632,071	6	$707,084
90-119	0	$0	2	$91,442	4	$377,218	6	$468,660
120-179	0	$0	1	$62,993	10	$699,639	11	$762,632
180-269	1	$120,087	2	$159,358	6	$271,876	9	$551,321
270-359	0	$0	0	$0	8	$944,362	8	$944,362
360+	3	$365,740	4	$504,918	13	$970,207	20	$1,840,865
REO	0	$0	1	$63,575	6	$527,713	7	$591,288
90+REO	4	$485,827	10	$882,286	47	$3,791,015	61	$5,159,128
Loss To Date
% to Original Pool Balance	5.26%	$1,031,783	6.44%	$7,682,560	4.83%	$11,779,513	5.36%	$20,493,856
Severity	54.77%		48.91%		43.87%		46.12%
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	6.03%	$3,460,554	7.05%	$6,041,744
C	8.39%	$80,307	8.82%	$690,679	8.07%	$1,332,419	8.31%	$2,103,405
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	4.72%	$5,296,503	5.42%	$8,366,340
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%	48.00%	13.30%	4.60%	7.80%	12.30%	8.20%	12.50%
C- , D, NON	55.80%	0.00%	0.00%	43.70%	0.00%	36.50%	29.80%	38.00%
2-4, LOW, NIV	0.00%	39.30%	0.00%	0.00%	13.40%	47.80%	12.70%	37.40%
As of: January 2003

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	$750,230	87	$7,290,383	335	$26,003,803	430	$34,044,417
LTV/WAC	82.05%	11.42%	74.50%	10.72%	75.62%	10.02%	75.52%	10.20%
A/A-	2	$143,233	34	$3,013,848	192	$16,334,114	228	$19,491,195
B	6	$606,997	29	$2,760,432	91	$6,655,576	126	$10,023,006
C	0	$0	11	$744,842	28	$1,252,812	39	$1,997,654
C-	0	$0	1	$37,862	9	$880,617	10	$918,479
D	0	$0	12	$733,399	15	$880,684	27	$1,614,083
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	5	$281,250	76	$6,206,348	283	$21,554,434	364	$28,042,032
30-59	0	$0	0	$0	4	$418,773	4	$418,773
60-89	2	$282,029	1	$109,454	4	$525,566	7	$917,049
90-119	0	$0	1	$125,395	7	$586,953	8	$712,348
120-179	1	$186,952	0	$0	7	$541,075	8	$728,027
180-269	0	$0	0	$0	8	$479,670	8	$479,670
270-359	0	$0	2	$102,320	5	$460,449	7	$562,769
360+	0	$0	6	$668,755	11	$1,079,229	17	$1,747,984
REO	0	$0	1	$78,112	6	$357,653	7	$435,765
90+REO	1	$186,952	10	$974,582	44	$3,505,029	55	$4,666,563
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	0.00%	30.80%	4.10%	19.70%	7.70%	13.80%	7.10%	16.40%
C- , D, NON	0.00%	0.00%	100.00%	10.70%	88.80%	22.10%	89.30%	16.90%
2-4, LOW, NIV	0.00%	0.00%	9.70%	42.40%	0.00%	31.90%	3.10%	36.00%
As of: January 2003

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	8	$370,976	159	$12,766,855	122	$8,594,338	289	$21,732,169
LTV/WAC	70.91%	11.66%	73.96%	10.31%	76.48%	10.29%	74.90%	10.32%
A/A-	2	$65,810	56	$4,852,144	58	$4,610,908	116	$9,528,862
B	3	$133,501	58	$5,027,865	36	$2,618,957	97	$7,780,323
C	1	$54,588	16	$884,929	12	$592,548	29	$1,532,065
C-	1	$85,166	6	$673,514	3	$164,119	10	$922,799
D	1	$31,912	23	$1,328,402	13	$607,805	37	$1,968,119
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	6	$253,898	124	$9,883,958	98	$6,912,729	228	$17,050,585
30-59	0	$0	2	$168,640	1	$46,307	3	$214,947
60-89	1	$85,166	2	$96,160	4	$327,152	7	$508,478
90-119	0	$0	3	$255,329	1	$80,394	4	$335,723
120-179	1	$31,912	6	$428,503	4	$351,681	11	$812,096
180-269	0	$0	5	$449,346	4	$226,209	9	$675,555
270-359	0	$0	2	$177,996	3	$160,402	5	$338,398
360+	0	$0	10	$784,023	5	$377,149	15	$1,161,172
REO	0	$0	5	$522,899	2	$112,313	7	$635,212
90+REO	1	$31,912	31	$2,618,096	19	$1,308,148	51	$3,958,156
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%	17.70%	19.20%	12.80%	15.90%	15.20%	17.80%
C- , D, NON	0.00%	100.00%	15.70%	43.10%	0.00%	25.60%	11.50%	38.60%
2-4, LOW, NIV	0.00%	0.00%	0.00%	20.50%	27.40%	0.00%	12.90%	11.40%
As of: January 2003

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	$1,134,725	225	$19,352,060	142	$9,039,692	380	$29,526,477
LTV/WAC	72.76%	10.59%	71.28%	10.97%	72.57%	10.66%	71.73%	10.86%
A/A-	5	$500,503	75	$6,932,050	58	$4,255,400	138	$11,687,953
B	4	$459,247	60	$5,324,799	30	$1,911,973	94	$7,696,019
C	0	$0	38	$2,396,571	21	$1,415,398	59	$3,811,969
C-	0	$0	9	$1,149,860	9	$436,052	18	$1,585,912
D	4	$174,975	43	$3,548,779	24	$1,020,870	71	$4,744,624
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	10	$1,007,932	139	$11,154,469	79	$4,764,032	228	$16,926,433
30-59	0	$0	9	$703,284	5	$402,182	14	$1,105,466
60-89	0	$0	10	$1,064,248	4	$261,632	14	$1,325,880
90-119	0	$0	2	$81,635	5	$309,042	7	$390,677
120-179	0	$0	5	$437,599	10	$420,175	15	$857,774
180-269	1	$21,130	7	$578,329	7	$356,560	15	$956,019
270-359	0	$0	6	$529,913	4	$270,300	10	$800,213
360+	2	$105,663	37	$3,385,474	22	$1,769,039	61	$5,260,176
REO	0	$0	10	$1,417,109	6	$486,730	16	$1,903,839
90+REO	3	$126,793	67	$6,430,059	54	$3,611,846	124	$10,168,698
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	4.20%	0.00%	16.30%	30.30%	30.20%	27.30%	20.90%	27.80%
C- , D, NON	0.00%	60.40%	14.20%	74.90%	84.20%	57.20%	33.50%	70.60%
2-4, LOW, NIV	0.00%	60.40%	14.50%	48.40%	0.00%	35.90%	11.10%	46.60%
As of: January 2003

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	$365,868	154	$12,226,793	101	$7,596,948	260	$20,189,608
LTV/WAC	65.57%	11.70%	67.55%	11.75%	73.21%	10.65%	69.64%	11.34%
A/A-	0	$0	30	$2,469,758	32	$2,879,682	62	$5,349,440
B	2	$146,933	21	$2,126,805	30	$2,293,910	53	$4,567,648
C	2	$108,900	29	$2,187,197	20	$1,328,437	51	$3,624,534
C-	0	$0	14	$698,342	3	$195,354	17	$893,696
D	1	$110,035	60	$4,744,690	16	$899,564	77	$5,754,290
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	93.19%	$5,177,100	93.78%	$199,868,635	93.81%	$132,415,191	93.78%	$337,460,926
Delinquency Status
CURRENT	4	$255,833	85	$6,637,581	64	$4,562,814	153	$11,456,228
30-59	0	$0	3	$195,734	3	$213,243	6	$408,977
60-89	0	$0	4	$293,864	1	$59,299	5	$353,163
90-119	0	$0	6	$579,954	1	$24,353	7	$604,307
120-179	0	$0	5	$438,953	3	$197,998	8	$636,951
180-269	0	$0	8	$566,804	1	$131,697	9	$698,501
270-359	1	$110,035	9	$558,441	3	$238,867	13	$907,343
360+	0	$0	33	$2,921,057	21	$1,870,967	54	$4,792,024
REO	0	$0	1	$34,403	4	$297,710	5	$332,113
90+REO	1	$110,035	62	$5,099,612	33	$2,761,592	96	$7,971,239
Loss To Date
% to Original Pool Balance	2.30%	$127,818	6.27%	$13,354,131	4.74%	$6,695,342	5.61%	$20,177,291
Severity	44.80%		44.56%		47.55%		45.51%
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	5.15%	$2,185,074	4.13%	$3,636,937
C	-0.02%	($177)	7.64%	$2,509,881	10.18%	$1,753,332	8.39%	$4,263,036
C-	11.85%	$74,647	5.98%	$1,090,698	4.21%	$212,626	5.76%	$1,377,971
D	4.09%	$31,181	11.19%	$6,555,499	9.53%	$1,020,180	10.86%	$7,606,860
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	6.79%	$7,008,019	4.70%	$3,149,343	5.92%	$10,157,362
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%	25.80%	38.50%	15.80%	28.50%	20.00%
C- , D, NON	0.00%	100.00%	45.20%	64.40%	0.00%	42.50%	35.30%	61.70%
2-4, LOW, NIV	0.00%	100.00%	27.50%	34.50%	0.00%	33.50%	17.70%	38.40%
As of: January 2003

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	$302,787	114	$9,423,485	90	$5,704,526	210	$15,430,798
LTV/WAC	63.46%	12.00%	68.11%	11.49%	70.29%	10.14%	68.82%	11.00%
A/A-	3	$198,808	21	$1,896,998	36	$2,445,135	60	$4,540,941
B	0	$0	12	$1,126,705	29	$1,951,913	41	$3,078,618
C	0	$0	17	$1,632,002	21	$1,076,933	38	$2,708,935
C-	1	$48,055	16	$1,487,201	1	$58,794	18	$1,594,050
D	2	$55,924	48	$3,280,578	3	$171,752	53	$3,508,253
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	93.54%	$5,484,000	94.58%	$182,751,842	95.44%	$145,783,189	94.94%	$334,019,031
Delinquency Status
CURRENT	6	$302,787	66	$5,209,941	65	$4,161,459	137	$9,674,187
30-59	0	$0	3	$318,643	4	$411,667	7	$730,310
60-89	0	$0	3	$349,952	1	$38,517	4	$388,469
90-119	0	$0	1	$81,467	2	$86,442	3	$167,909
120-179	0	$0	5	$388,789	2	$61,970	7	$450,759
180-269	0	$0	4	$459,788	1	$23,222	5	$483,010
270-359	0	$0	7	$600,435	5	$302,041	12	$902,476
360+	0	$0	23	$1,888,724	7	$424,574	30	$2,313,298
REO	0	$0	2	$125,745	3	$194,636	5	$320,381
90+REO	0	$0	42	$3,544,948	20	$1,092,885	62	$4,637,833
Loss To Date
% to Original Pool Balance	2.17%	$127,310	6.92%	$13,364,087	5.32%	$8,125,692	6.14%	$21,617,089
Severity	36.05%		49.22%		49.20%		49.11%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.00%	$0	2.57%	$1,133,597	3.53%	$2,626,745	3.14%	$3,760,342
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	11.69%	$989,231	11.03%	$2,295,281
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	8.41%	$1,180,361	15.59%	$3,729,546
90+ & REO as % Rem
A/A- , B, C	0.00%	0.00%	24.40%	26.70%	5.60%	21.60%	13.20%	23.50%
C- , D, NON	0.00%	0.00%	24.00%	65.50%	0.00%	100.00%	22.40%	66.10%
2-4, LOW, NIV	0.00%	0.00%	19.50%	28.70%	0.00%	0.00%	11.40%	25.30%
As of: January 2003

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	117	$7,900,561	0	$0	119	$7,995,823
LTV/WAC	67.43%	12.41%	64.07%	12.06%	0.00%	0.00%	64.11%	12.06%
A/A-	0	$0	13	$917,789	0	$0	13	$917,789
B	0	$0	9	$733,343	0	$0	9	$733,343
C	1	$37,400	15	$714,535	0	$0	16	$751,935
C-	1	$57,862	17	$956,841	0	$0	18	$1,014,703
D	0	$0	63	$4,578,054	0	$0	63	$4,578,054
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	66	$4,243,515	0	$0	66	$4,243,515
30-59	0	$0	2	$100,150	0	$0	2	$100,150
60-89	0	$0	6	$260,199	0	$0	6	$260,199
90-119	0	$0	0	$0	0	$0	0	$0
120-179	0	$0	2	$118,453	0	$0	2	$118,453
180-269	0	$0	5	$376,256	0	$0	5	$376,256
270-359	0	$0	6	$474,006	0	$0	6	$474,006
360+	2	$95,262	26	$2,174,815	0	$0	28	$2,270,077
REO	0	$0	4	$153,167	0	$0	4	$153,167
90+REO	2	$95,262	43	$3,296,697	0	$0	45	$3,391,959
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%	55.00%	0.00%	0.00%	37.30%	55.00%
2-4, LOW, NIV	100.00%	100.00%	13.10%	74.80%	0.00%	0.00%	18.70%	77.40%
As of: January 2003

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	$84,804	57	$4,959,371	0	$0	59	$5,044,175
LTV/WAC	63.72%	11.33%	65.54%	11.73%	0.00%	0.00%	65.51%	11.72%
A/A-	1	$60,634	8	$677,640	0	$0	9	$738,273
B	0	$0	9	$796,772	0	$0	9	$796,772
C	0	$0	6	$620,593	0	$0	6	$620,593
C-	0	$0	10	$863,261	0	$0	10	$863,261
D	1	$24,171	24	$2,001,105	0	$0	25	$2,025,275
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	$60,634	42	$3,006,461	0	$0	43	$3,067,095
30-59	0	$0	2	$197,319	0	$0	2	$197,319
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	3	$202,734	0	$0	3	$202,734
270-359	0	$0	2	$265,691	0	$0	2	$265,691
360+	1	$24,171	6	$845,403	0	$0	7	$869,574
REO	0	$0	2	$441,764	0	$0	2	$441,764
90+REO	1	$24,171	13	$1,755,592	0	$0	14	$1,779,763
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%	59.50%
2-4, LOW, NIV	0.00%	100.00%	59.10%	39.10%	0.00%	0.00%	59.10%	40.50%
As of: January 2003

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	$352,943	35	$2,809,878	0	$0	39	$3,162,821
LTV/WAC	70.62%	11.61%	68.04%	11.12%	0.00%	0.00%	68.33%	11.18%
A/A-	0	$0	7	$779,006	0	$0	7	$779,006
B	3	$265,516	6	$509,558	0	$0	9	$775,074
C	0	$0	7	$663,266	0	$0	7	$663,266
C-	1	$87,426	5	$225,395	0	$0	6	$312,821
D	0	$0	10	$632,653	0	$0	10	$632,653
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	$279,262	29	$2,399,985	0	$0	32	$2,679,247
30-59	1	$73,681	1	$52,791	0	$0	2	$126,472
60-89	0	$0	1	$61,375	0	$0	1	$61,375
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	$181,546	0	$0	2	$181,546
REO	0	$0	2	$114,180	0	$0	2	$114,180
90+REO	0	$0	4	$295,726	0	$0	4	$295,726
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%	34.60%	0.00%	0.00%	0.00%	34.60%
2-4, LOW, NIV	0.00%	0.00%	0.00%	7.40%	0.00%	0.00%	0.00%	6.30%
As of: January 2003

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	$307,118	37	$3,042,695	0	$0	42	$3,349,813
LTV/WAC	63.52%	11.72%	68.10%	10.98%	0.00%	0.00%	67.68%	11.05%
A/A-	3	$228,490	10	$889,972	0	$0	13	$1,118,462
B	0	$0	9	$888,566	0	$0	9	$888,566
C	1	$24,645	3	$123,194	0	$0	4	$147,839
C-	0	$0	6	$520,891	0	$0	6	$520,891
D	1	$53,984	9	$620,072	0	$0	10	$674,056
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	92.53%	$4,306,600	94.81%	$64,729,065	0.00%	$0	94.66%	$69,035,665
Delinquency Status
CURRENT	5	$307,118	31	$2,464,719	0	$0	36	$2,771,837
30-59	0	$0	1	$103,911	0	$0	1	$103,911
60-89	0	$0	0	$0	0	$0	0	$0
90-119	0	$0	1	$71,185	0	$0	1	$71,185
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	$29,514	0	$0	1	$29,514
360+	0	$0	2	$335,449	0	$0	2	$335,449
REO	0	$0	0	$0	0	$0	0	$0
90+REO	0	$0	5	$474,064	0	$0	5	$474,064
Loss To Date
% to Original Pool Balance	0.95%	$44,072	8.70%	$5,943,108	0.00%	$0	8.21%	$5,987,180
Severity	20.77%		44.61%		0.00%		44.24%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	1.13%	$17,049	3.59%	$460,947	0.00%	$0	3.33%	$477,996
B	-0.29%	($4,963)	7.60%	$765,392	0.00%	$0	6.45%	$760,429
C	2.36%	$22,778	4.94%	$472,417	0.00%	$0	4.70%	$495,195
C-	0.00%	$0	11.02%	$1,798,696	0.00%	$0	10.98%	$1,798,696
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)	8.78%	$3,460,475	0.00%	$0	8.43%	$3,455,512
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%	13.70%	65.00%	0.00%	0.00%	13.70%	59.80%
2-4, LOW, NIV	0.00%	0.00%	0.00%	10.30%	0.00%	0.00%	0.00%	10.30%
As of: January 2003

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	$209,741	32	$2,637,067	0	$0	36	$2,846,808
LTV/WAC	60.00%	11.74%	68.31%	10.77%	0.00%	0.00%	67.70%	10.84%
A/A-	2	$86,320	8	$724,028	0	$0	10	$810,348
B	1	$56,639	5	$466,121	0	$0	6	$522,760
C	0	$0	7	$653,283	0	$0	7	$653,283
C-	1	$66,782	8	$555,264	0	$0	9	$622,046
D	0	$0	4	$238,372	0	$0	4	$238,372
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	$209,741	24	$1,973,069	0	$0	28	$2,182,810
30-59	0	$0	1	$147,774	0	$0	1	$147,774
60-89	0	$0	1	$116,798	0	$0	1	$116,798
90-119	0	$0	0	$0	0	$0	0	$0
120-179	0	$0	1	$45,396	0	$0	1	$45,396
180-269	0	$0	1	$79,149	0	$0	1	$79,149
270-359	0	$0	1	$41,125	0	$0	1	$41,125
360+	0	$0	3	$233,755	0	$0	3	$233,755
REO	0	$0	0	$0	0	$0	0	$0
90+REO	0	$0	6	$399,425	0	$0	6	$399,425
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%	17.90%	0.00%	0.00%	0.00%	16.00%
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%	0.00%	37.70%	0.00%	0.00%	0.00%	37.70%
As of: January 2003

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	$70,265	27	$2,925,048	0	$0	30	$2,995,312
LTV/WAC	40.78%	11.52%	67.10%	11.26%	0.00%	0.00%	66.49%	11.27%
A/A-	0	$0	8	$775,766	0	$0	8	$775,766
B	1	$18,270	6	$677,672	0	$0	7	$695,941
C	2	$51,995	6	$559,317	0	$0	8	$611,311
C-	0	$0	4	$516,701	0	$0	4	$516,701
D	0	$0	3	$395,592	0	$0	3	$395,592
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	3	$70,265	26	$2,885,284	0	$0	29	$2,955,549
30-59	0	$0	1	$39,764	0	$0	1	$39,764
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	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: January 2003

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	$767,833	10	$802,055	0	$0	22	$1,569,888
LTV/WAC	59.17%	11.18%	63.25%	9.31%	0.00%	0.00%	61.26%	10.22%
A/A-	4	$204,767	4	$293,926	0	$0	8	$498,693
B	1	$14,454	2	$162,585	0	$0	3	$177,039
C	3	$116,674	2	$164,244	0	$0	5	$280,918
C-	2	$178,165	2	$181,300	0	$0	4	$359,464
D	2	$253,774	0	$0	0	$0	2	$253,774
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	$767,833	8	$636,162	0	$0	20	$1,403,995
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	$122,857	0	$0	1	$122,857
120-179	0	$0	1	$43,036	0	$0	1	$43,036
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	2	$165,893	0	$0	2	$165,893
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%	14.60%	0.00%	0.00%	0.00%	8.60%	0.00%
C- , D, NON	0.00%	0.00%	67.80%	0.00%	0.00%	0.00%	34.20%	0.00%
2-4, LOW, NIV	0.00%	0.00%	0.00%	72.30%	0.00%	0.00%	0.00%	25.10%
As of: January 2003

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	$310,093	4	$319,193	0	$0	10	$629,286
LTV/WAC	53.21%	10.55%	71.67%	9.49%	0.00%	0.00%	62.58%	10.01%
A/A-	4	$174,339	3	$226,606	0	$0	7	$400,945
B	0	$0	0	$0	0	$0	0	$0
C	1	$99,121	0	$0	0	$0	1	$99,121
C-	0	$0	1	$92,587	0	$0	1	$92,587
D	1	$36,633	0	$0	0	$0	1	$36,633
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	$233,364	4	$319,193	0	$0	9	$552,557
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	1	$76,729	0	$0	0	$0	1	$76,729
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	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	44.00%	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: January 2003

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	19	$980,160	3	$191,255	0	$0	22	$1,171,414
LTV/WAC	54.85%	9.47%	65.73%	9.25%	0.00%	0.00%	56.63%	9.43%
A/A-	7	$403,950	1	$53,713	0	$0	8	$457,663
B	3	$81,698	0	$0	0	$0	3	$81,698
C	5	$239,841	0	$0	0	$0	5	$239,841
C-	1	$98,342	1	$55,954	0	$0	2	$154,296
D	3	$156,330	0	$0	0	$0	3	$156,330
Unknown	0	$0	1	$81,587	0	$0	1	$81,587
Paid Off	87.19%	$10,291,900	97.53%	$9,383,670	0.00%	$0	91.84%	$19,675,570
Delinquency Status
CURRENT	18	$877,935	3	$191,255	0	$0	21	$1,069,190
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	$102,225	0	$0	0	$0	1	$102,225
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	$102,225	0	$0	0	$0	1	$102,225
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: January 2003

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	$820,618	0	$0	0	$0	15	$820,618
LTV/WAC	55.99%	8.46%	0.00%	0.00%	0.00%	0.00%	55.99%	8.46%
A/A-	4	$217,590	0	$0	0	$0	4	$217,590
B	3	$127,976	0	$0	0	$0	3	$127,976
C	3	$129,874	0	$0	0	$0	3	$129,874
C-	1	$44,470	0	$0	0	$0	1	$44,470
D	3	$197,402	0	$0	0	$0	3	$197,402
Unknown	1	$103,306	0	$0	0	$0	1	$103,306
Paid Off	92.15%	$11,011,600	100.00%	$153,600	0.00%	$0	92.25%	$11,165,200
Delinquency Status
CURRENT	14	$781,466	0	$0	0	$0	14	$781,466
30-59	1	$39,152	0	$0	0	$0	1	$39,152
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	0	$0	0	$0
Loss To Date
% to Original Pool Balance	-0.11%	-$13,653	0.00%	$0	0.00%	$0	-0.11%	-$13,653
Severity	-4.30%		0.00%		0.00%		-4.30%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	-0.57%	($24,857)	0.00%	$0	0.00%	$0	-0.57%	($24,857)
B	0.39%	$10,408	0.00%	$0	0.00%	$0	0.39%	$10,408
C	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
C-	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
D	0.06%	$797	0.00%	$0	0.00%	$0	0.06%	$797
Unknown	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
Loss by Characteristic	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
Low Doc	0.00%	$0	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: January 2003