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	1016	$74,431,265	0	$0	328	$39,817,524	269	$23,809,534	1,613	$138,058,323
LTV/WAC	73.36%	9.49%	0.00%	0.00%	72.91%	9.13%	75.86%	9.05%	73.66%	9.31%
A/A-	515	$43,488,727	0	$0	225	$28,447,884	159	$14,665,005	899	$86,601,616
B	285	$19,542,306	0	$0	75	$8,136,847	73	$6,018,902	433	$33,698,055
C	166	$9,071,680	0	$0	18	$1,981,318	23	$1,873,123	207	$12,926,121
C-	6	$259,588	0	$0	7	$763,196	13	$1,162,821	26	$2,185,605
D	44	$2,068,964	0	$0	3	$488,279	1	$89,684	48	$2,646,927
Paid Off	11.86%	$10,153,852	0.00%	$0	13.64%	$6,343,070	8.71%	$2,296,650	11.86%	$18,793,572
Status
CURRENT	938	$70,064,075	0	$0	307	$37,746,530	254	$22,366,067	1499	$130,176,673
30-59	25	$1,464,761	0	$0	8	$858,821	3	$271,603	36	$2,595,185
60-89	10	$522,514	0	$0	3	$388,188	3	$193,198	16	$1,103,901
90-119	11	$713,540	0	$0	2	$65,912	4	$498,605	17	$1,278,057
120-219	9	$521,237	0	$0	4	$490,770	3	$163,410	16	$1,175,416
180-269	13	$675,147	0	$0	3	$238,140	0	$0	16	$913,287
270-359	5	$188,703	0	$0	1	$29,163	0	$0	6	$217,865
360+	0	$0	0	$0	0	$0	0	$0	0	$0
REO	5	$281,288	0	$0	0	$0	2	$316,651	7	$597,939
90+REO	43	$2,379,914	0	$0	10	$823,985	9	$978,666	62	$4,182,565
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	1.77%	4.11%	0.00%	0.00%	0.48%	6.94%	0.77%	8.71%	1.18%	5.62%
C- , D, NON	0.00%	17.38%	0.00%	0.00%	10.92%	0.00%	25.04%	0.00%	17.14%	13.59%
2-4, LOW , NIV	4.92%	0.00%	0.00%	0.00%	0.00%	7.04%	18.71%	0.00%	4.71%	2.12%
As of: January 2003

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	1283	$99,359,127	0	$0	322	$38,772,473	219	$22,555,857	1,824	$160,687,457
LTV/WAC	75.10%	9.34%	0.00%	0.00%	76.16%	8.97%	79.07%	8.92%	75.91%	9.19%
A/A-	711	$63,126,594	0	$0	222	$28,881,954	145	$14,885,288	1078	$106,893,837
B	338	$23,472,795	0	$0	68	$6,741,296	43	$4,253,249	449	$34,467,340
C	188	$10,701,742	0	$0	25	$2,248,069	12	$1,001,187	225	$13,950,998
C-	9	$625,926	0	$0	6	$862,185	18	$2,356,578	33	$3,844,689
D	37	$1,432,070	0	$0	1	$38,969	1	$59,554	39	$1,530,593
Paid Off	24.90%	$33,474,480	0.00%	$0	30.75%	$17,389,141	15.57%	$4,218,250	25.26%	$55,081,871
Status
CURRENT	1136	$88,661,489	0	$0	298	$35,562,340	207	$21,321,815	1641	$145,545,645
30-59	42	$2,530,412	0	$0	6	$1,011,016	11	$1,144,564	59	$4,685,992
60-89	25	$2,290,937	0	$0	4	$493,304	0	$0	29	$2,784,240
90-119	15	$1,604,092	0	$0	2	$196,206	0	$0	17	$1,800,298
120-219	18	$1,146,875	0	$0	3	$113,308	0	$0	21	$1,260,183
180-269	24	$1,879,570	0	$0	6	$1,082,165	0	$0	30	$2,961,736
270-359	11	$519,694	0	$0	2	$185,748	0	$0	13	$705,442
360+	6	$409,190	0	$0	0	$0	0	$0	6	$409,190
REO	6	$316,867	0	$0	1	$128,386	1	$89,478	8	$534,730
90+REO	80	$5,876,289	0	$0	14	$1,705,813	1	$89,478	95	$7,671,580
Loss To Date
% to Original	0.03%	$47,010	0.00%	$0	0.06%	$33,254	0.00%	$0	0.04%	$80,263
Severity	16.08%		0.00%		66.62%		0.00%		23.45%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	0.02%	$15,304	0.00%	$0	0.08%	$33,254	0.00%	$0	0.03%	$48,558
B	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
C	0.19%	$31,705	0.00%	$0	0.00%	$0	0.00%	$0	0.82%	$31,705
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	0.14%	$15,304	0.00%	$0	0.00%	$0	0.00%	$0	0.09%	$15,304
NIV	0.00%	$0	0.00%	$0	0.27%	$33,254	0.00%	$0	0.11%	$33,254
Non-Owner	0.18%	$15,304	0.00%	$0	0.00%	$0	0.00%	$0	0.12%	$15,304
90+ & REO
A/A-, B , C	2.96%	8.49%	0.00%	0.00%	5.07%	2.52%	0.00%	2.10%	3.12%	6.54%
C- , D, NON	14.44%	6.88%	0.00%	0.00%	2.78%	0.00%	0.00%	0.00%	2.97%	6.43%
2-4, LOW , NIV	11.44%	0.00%	0.00%	0.00%	11.64%	0.00%	0.00%	0.00%	9.96%	0.00%
As of: January 2003

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	684	17937289
C-	44	$2,261,115	0	$0	3	$148,250	11	$1,111,500	475	3520865
D	38	$2,382,560	0	$0	3	$91,750	5	$390,700	203	$2,865,010
Remaining	995	$73,848,919	1	$55,716	243	$25,491,371	189	$15,873,129	1428	$115,269,135
LTV/WAC	75.15%	10.02%	70.00%	12.75%	73.34%	9.60%	77.51%	9.77%	75.07%	9.90%
A/A-	435	$37,591,537	0	$0	154	$20,127,839	95	$7,945,058	684	$65,664,434
B	346	$24,917,056	1	$55,716	61	$4,034,169	67	$5,547,049	475	$34,553,991
C	163	$8,658,152	0	$0	23	$1,126,852	17	$1,374,363	203	$11,159,367
C-	28	$1,368,513	0	$0	3	$146,687	6	$736,699	37	$2,251,899
D	23	$1,313,660	0	$0	2	$55,825	4	$269,959	29	$1,639,444
Paid Off	32.71%	$36,411,436	79.96%	$223,500	34.40%	$13,521,327	20.43%	$4,158,690	31.72%	$54,314,953
Status
CURRENT	789	$59,442,519	1	$55,716	206	$23,248,919	164	$13,588,888	1160	$96,336,043
30-59	50	$3,486,766	0	$0	7	$380,629	8	$638,188	65	$4,505,583
60-89	22	$1,381,954	0	$0	5	$405,568	4	$412,448	31	$2,199,971
90-119	20	$1,602,281	0	$0	3	$187,059	2	$113,766	25	$1,903,106
220-229	20	$1,734,839	0	$0	5	$220,413	1	$48,856	26	$2,004,108
180-269	33	$1,984,887	0	$0	3	$97,008	5	$527,208	41	$2,609,103
270-359	14	$833,712	0	$0	5	$394,832	2	$87,326	21	$1,315,871
360+	25	$1,822,382	0	$0	6	$451,753	2	$232,709	33	$2,506,843
REO	22	$1,559,578	0	$0	3	$105,190	1	$223,739	26	$1,888,508
90+REO	134	$9,537,680	0	$0	25	$1,456,255	13	$1,233,605	172	$12,227,540
Loss To Date
% to Original	0.40%	$440,669	0.00%	$0	0.30%	$119,187	0.00%	$0	0.33%	$559,856
Severity	42.32%		0.00%		130.37%		0.00%		49.43%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	0.30%	$168,485	0.00%	$0	0.24%	$70,913	0.00%	$0	0.25%	$239,398
B	0.04%	$13,679	0.00%	$0	0.68%	$48,274	0.00%	$0	0.12%	$61,953
C	1.33%	$183,785	0.00%	$0	0.00%	$0	0.00%	$0	1.02%	$183,785
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	0.51%	$41,703	0.00%	$0	1.49%	$49,209	0.00%	$0	0.70%	$90,912
NIV	0.00%	$170,490	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$170,490
Non-Owner	1.56%	$122,782	0.00%	$0	2.19%	$49,209	0.00%	$0	1.54%	$171,991
90+ & REO
A/A-, B , C	6.04%	17.06%	0.00%	0.00%	3.93%	8.27%	2.51%	10.87%	4.97%	15.01%
C- , D, NON	16.10%	17.88%	0.00%	0.00%	0.00%	46.46%	30.37%	42.14%	19.72%	22.85%
2-4, LOW , NIV	13.92%	22.41%	0.00%	0.00%	7.09%	6.32%	33.35%	6.85%	14.78%	16.85%
As of: January 2003

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	837	$56,752,594	0	$0	200	$19,068,670	115	$9,479,489	1152	$85,300,753
LTV/WAC	75.43%	10.36%	0.00%	0.00%	73.33%	9.96%	79.65%	10.02%	75.43%	10.23%
A/A-	360	$28,690,607	0	$0	120	$13,368,142	62	$4,957,979	542	$47,016,729
B	276	$18,749,028	0	$0	55	$4,188,663	36	$3,235,229	367	$26,172,920
C	152	$6,937,389	0	$0	20	$1,290,628	14	$994,793	186	$9,222,810
C-	23	$1,184,618	0	$0	2	$86,784	3	$291,487	28	$1,562,889
D	26	$1,190,952	0	$0	3	$134,453	0	$0	29	$1,325,405
Paid Off	37.55%	$34,732,587	100.00%	$203,050	32.60%	$9,407,866	30.68%	$4,297,050	35.88%	$48,640,553
Status
CURRENT	622	$43,796,803	0	$0	157	$15,576,661	96	$8,094,185	875	$67,467,649
30-59	29	$1,815,906	0	$0	5	$351,770	6	$587,046	40	$2,754,721
60-89	18	$1,053,911	0	$0	4	$261,517	6	$335,686	28	$1,651,113
90-119	14	$1,057,563	0	$0	3	$222,476	1	$46,857	18	$1,326,897
170-179	22	$1,312,463	0	$0	4	$348,937	3	$132,435	29	$1,793,836
180-269	29	$2,107,736	0	$0	7	$446,881	2	$149,719	38	$2,704,335
270-359	23	$1,247,509	0	$0	4	$248,885	1	$133,560	28	$1,629,954
360+	44	$2,484,583	0	$0	9	$781,615	0	$0	53	$3,266,198
REO	36	$1,876,121	0	$0	7	$829,928	0	$0	43	$2,706,049
90+REO	168	$10,085,976	0	$0	34	$2,878,722	7	$462,572	209	$13,427,270
Loss To Date
% to Original	0.41%	$378,247	0.00%	$0	0.43%	$123,921	0.01%	$1,359	0.37%	$503,526
Severity	56.55%		0.00%		124.09%		1.05%		56.03%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	0.11%	$51,301	0.00%	$0	0.00%	$0	0.00%	$0	0.07%	$51,301
B	0.34%	$106,412	0.00%	$0	0.67%	$45,808	0.03%	$1,359	0.35%	$153,579
C	1.47%	$173,376	0.00%	$0	3.51%	$78,113	0.00%	$0	1.61%	$251,489
C-	1.22%	$25,198	0.00%	$0	0.00%	$0	0.00%	$0	0.93%	$25,198
D	1.12%	$21,960	0.00%	$0	0.00%	$0	0.00%	$0	0.81%	$21,960
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	2.07%	$52,298	0.00%	$0	2.48%	$262,221
NIV	0.00%	$0	0.00%	$0	0.00%	$98,106	0.00%	$0	0.00%	$230,427
Non-Owner	2.69%	$230,427	0.00%	$0	0.00%	$0	0.00%	$0	2.10%	$230,427
90+ & REO
A/A-, B , C	10.18%	20.18%	0.00%	0.00%	12.38%	21.88%	1.50%	4.63%	9.89%	18.53%
C- , D, NON	47.16%	43.67%	0.00%	0.00%	0.00%	43.43%	20.50%	0.00%	39.57%	43.65%
2-4, LOW , NIV	17.19%	13.17%	0.00%	0.00%	35.88%	62.85%	0.00%	47.96%	21.09%	16.96%
As of: January 2003

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	887	$57,199,474	2	$176,374	172	$11,444,478	85	$6,768,912	1146	$75,589,237
LTV/WAC	74.63%	10.71%	72.76%	11.84%	74.95%	11.45%	77.64%	11.06%	74.94%	10.85%
A/A-	320	$24,387,194	2	$176,374	97	$6,721,687	36	$2,906,533	455	$34,191,787
B	303	$19,781,761	0	$0	47	$3,375,314	26	$2,124,063	376	$25,281,138
C	191	$9,725,339	0	$0	21	$1,014,958	19	$1,361,960	231	$12,102,257
C-	45	$2,058,041	0	$0	4	$195,435	4	$376,357	53	$2,629,833
D	28	$1,247,139	0	$0	3	$137,083	0	$0	31	$1,384,222
Paid Off	43.83%	$45,561,447	71.46%	$445,019	42.89%	$8,745,634	44.99%	$5,626,750	43.92%	$60,378,850
Status
CURRENT	648	$41,313,265	1	$54,778	125	$8,424,624	69	$5,407,016	843	$55,199,684
30-59	54	$3,473,947	1	$121,595	13	$1,077,541	3	$181,077	71	$4,854,160
60-89	13	$791,824	0	$0	3	$267,084	0	$0	16	$1,058,908
90-119	20	$1,584,939	0	$0	7	$486,763	2	$127,022	29	$2,198,724
120-179	17	$1,568,968	0	$0	2	$128,621	0	$0	19	$1,697,589
180-269	32	$1,847,896	0	$0	6	$270,414	3	$371,541	41	$2,489,851
270-359	14	$924,258	0	$0	4	$243,338	3	$313,810	21	$1,481,406
360+	57	$3,752,082	0	$0	6	$330,322	5	$368,446	68	$4,450,850
REO	32	$1,942,294	0	$0	6	$215,772	0	$0	38	$2,158,066
90+REO	172	$11,620,438	-	$0	31	$1,675,229	13	$1,180,819	216	$14,476,485
Loss To Date
% to Original	1.13%	$1,179,352	0.00%	$0	1.35%	$275,442	1.10%	$136,942	1.16%	$1,591,737
Severity	67.44%		0.00%		83.03%		25.00%		60.56%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	0.91%	$406,747	0.00%	$0	1.43%	$181,227	0.95%	$56,551	1.00%	$644,525
B	0.61%	$220,143	0.00%	$0	1.25%	$66,596	2.34%	$80,391	0.82%	$367,129
C	1.82%	$302,550	0.00%	$0	1.42%	$27,620	0.00%	$0	1.60%	$330,170
C-	2.58%	$88,551	0.00%	$0	0.00%	$0	0.00%	$0	1.95%	$88,551
D	5.51%	$161,361	0.00%	$0	0.00%	$0	0.00%	$0	4.98%	$161,361
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	4.69%	$322,828	0.00%	$0	0.00%	$0	3.49%	$69,881	3.60%	$392,708
90+ & REO
A/A-, B , C	17.19%	14.18%	0.00%	0.00%	8.45%	23.27%	0.00%	30.47%	13.92%	16.76%
C- , D, NON	26.57%	54.92%	0.00%	0.00%	51.77%	52.80%	89.35%	0.00%	37.43%	0.00%
2-4, LOW , NIV	31.24%	12.62%	0.00%	0.00%	0.00%	0.00%	19.49%	35.11%	20.81%	13.38%
As of: January 2003

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	787	$51,412,510	9	$576,156	232	$15,976,500	92	$6,977,268	1120	$74,942,433
LTV/WAC	73.34%	10.93%	69.02%	11.28%	73.71%	11.20%	74.51%	10.48%	73.49%	10.95%
A/A-	265	$20,431,139	4	$289,953	129	$10,269,583	48	$3,876,682	446	$34,867,357
B	291	$18,145,624	1	$82,756	60	$3,575,029	30	$2,382,346	382	$24,185,755
C	172	$9,469,592	1	$51,494	31	$1,584,174	9	$502,595	213	$11,607,855
C-	32	$2,005,464	1	$38,357	8	$408,150	5	$215,645	46	$2,667,616
D	27	$1,360,691	2	$113,595	4	$139,563	0	$0	33	$1,613,849
Paid Off	49.42%	$51,422,711	14.35%	$98,800	46.31%	$14,052,477	42.65%	$5,293,700	48.05%	$70,867,688
Status
CURRENT	569	$37,341,992	6	$424,204	174	$12,355,589	70	$5,663,004	819	$55,784,789
30-59	28	$2,183,162	1	$81,855	17	$1,367,498	6	$324,030	52	$3,956,546
60-89	14	$781,156	0	$0	7	$316,527	2	$100,563	23	$1,198,246
90-119	11	$583,717	0	$0	3	$180,354	0	$0	14	$764,070
120-179	15	$1,364,032	0	$0	2	$89,057	4	$325,620	21	$1,778,709
180-269	38	$2,226,999	0	$0	6	$335,011	4	$314,367	48	$2,876,377
270-359	16	$906,031	1	$31,740	5	$283,932	1	$75,330	23	$1,297,033
360+	61	$4,264,318	1	$38,357	10	$651,251	4	$134,261	76	$5,088,187
REO	35	$1,761,104	0	$0	8	$397,281	1	$40,092	44	$2,198,477
90+REO	176	$11,106,199	2	$70,097	34	$1,936,886	14	$889,671	226	$14,002,853
Loss To Date
% to Original	1.45%	$1,510,136	0.00%	$0	1.02%	$310,992	0.58%	$72,419	1.28%	$1,893,548
Severity	47.18%		0.00%		45.97%		72.45%		47.61%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	0.79%	$348,531	0.00%	$0	0.98%	$189,654	0.00%	$0	0.76%	$538,185
B	1.41%	$508,578	0.00%	$0	0.34%	$21,618	0.00%	$0	1.15%	$530,196
C	2.39%	$405,493	0.00%	$0	2.80%	$89,267	5.06%	$72,419	2.62%	$567,179
C-	1.94%	$75,456	0.00%	$0	-0.08%	($959)	0.00%	$0	1.34%	$74,497
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	1.50%	$187,909	0.00%	$0	0.00%	$0	0.00%	$0	1.34%	$187,909
2-4 Unit	4.01%	$213,029	0.00%	$0	0.00%	$0	0.00%	$0	2.56%	$213,029
NIV	3.09%	$156,180	0.00%	$0	1.57%	$108,235	0.00%	$0	1.97%	$264,415
Non-Owner	5.09%	$366,072	0.00%	$0	2.25%	$73,269	0.00%	$0	4.03%	$439,341
90+ & REO
A/A-, B , C	12.57%	22.72%	0.00%	0.00%	5.42%	28.96%	10.38%	11.34%	10.11%	22.44%
C- , D, NON	54.56%	42.64%	100.00%	27.94%	25.72%	22.33%	67.09%	0.00%	51.81%	39.85%
2-4, LOW , NIV	38.02%	20.89%	0.00%	0.00%	12.29%	0.00%	19.40%	12.61%	29.92%	19.50%
As of: January 2003

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	1033	$63,528,795	8	$566,120	412	$26,175,364	86	$6,037,654	1539	$96,307,933
LTV/WAC	73.22%	10.94%	76.36%	10.33%	74.68%	11.34%	70.84%	9.59%	73.49%	10.96%
A/A-	335	$24,005,216	4	$279,604	215	$15,494,875	56	$4,374,106	610	$44,153,801
B	378	$23,696,926	3	$256,991	101	$6,089,769	22	$1,154,105	504	$31,197,791
C	228	$11,593,141	1	$29,526	70	$3,346,396	8	$509,443	307	$15,478,505
C-	54	$2,181,962	0	$0	15	$692,922	0	$0	69	$2,874,885
D	38	$2,051,550	0	$0	11	$551,402	0	$0	49	$2,602,952
Paid Off	53.96%	$76,945,538	52.92%	$665,500	49.48%	$26,267,140	49.85%	$6,244,950	52.58%	$110,123,128
Status
CURRENT	778	$48,143,630	7	$488,487	305	$19,249,543	75	$5,401,110	1165	$73,282,770
30-59	53	$3,210,359	0	$0	15	$943,945	2	$145,318	70	$4,299,622
60-89	18	$929,966	0	$0	10	$774,048	0	$0	28	$1,704,014
90-119	19	$1,047,682	0	$0	10	$630,284	1	$102,334	30	$1,780,300
120-179	37	$2,412,703	0	$0	8	$543,283	1	$49,605	46	$3,005,591
180-269	25	$1,624,084	0	$0	13	$946,712	2	$151,965	40	$2,722,762
270-359	21	$1,329,814	0	$0	10	$806,728	0	$0	31	$2,136,542
360+	56	$3,040,088	1	$77,633	31	$1,793,297	4	$149,967	92	$5,060,985
REO	26	$1,790,470	0	$0	10	$487,523	1	$37,356	37	$2,315,349
90+REO	184	$11,244,840	1	$77,633	82	$5,207,827	9	$491,227	276	$17,021,527
Loss To Date
% to Original	1.68%	$2,393,857	6.87%	$86,348	2.23%	$1,186,254	4.24%	$530,976	2.00%	$4,197,434
Severity	63.99%		40.35%		60.72%		89.16%		64.53%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	0.89%	$500,794	13.97%	$86,348	0.90%	$287,230	0.55%	$42,160	0.95%	$916,531
B	2.11%	$1,069,832	0.00%	$0	3.84%	$474,846	7.50%	$242,420	2.31%	$1,544,678
C	2.73%	$722,281	0.00%	$0	4.77%	$308,779	10.26%	$128,616	3.01%	$1,031,060
C-	0.00%	$0	0.00%	$0	6.05%	$85,570	37.45%	$117,781	1.28%	$85,570
D	2.42%	$100,949	0.00%	$0	3.79%	$29,829	0.00%	$0	2.60%	$130,779
Loss by Characteristic	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
Low Doc	0.44%	$84,853	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	2.06%	$264,134	23.30%	$335,867	4.01%	$765,212
Non-Owner	6.01%	$621,307	0.00%	$0	3.66%	$152,231	0.00%	$0	5.05%	$773,539
90+ & REO
A/A-, B , C	9.92%	16.38%	0.00%	30.21%	15.59%	20.20%	8.67%	6.49%	11.72%	16.87%
C- , D, NON	28.44%	37.02%	0.00%	0.00%	41.59%	45.14%	0.00%	0.00%	31.61%	38.74%
2-4, LOW , NIV	16.12%	16.11%	0.00%	0.00%	17.88%	16.02%	0.00%	4.47%	15.16%	15.45%
As of: January 2003

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	755	$43,931,077	24	$1,946,284	742	$51,278,018	1521	$97,155,378
LTV/WAC	74.30%	9.73%	80.49%	10.06%	77.10%	10.29%	75.90%	10.03%
A/A-	419	$26,582,440	15	$1,198,972	428	$34,081,605	862	$61,863,017
B	208	$12,017,512	7	$670,556	197	$11,667,079	412	$24,355,147
C	68	$2,998,558	2	$76,756	78	$3,746,050	148	$6,821,363
C-	17	$570,850	0	$0	9	$390,465	26	$961,315
D	32	$960,973	0	$0	29	$1,344,878	61	$2,305,851
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	55.55%	$64,986,660	48.17%	$2,521,238	47.47%	$51,898,019	51.57%	$119,405,917
Status
CURRENT	676	$38,383,609	21	$1,740,170	635	$44,600,877	1332	$84,724,656
30-59	13	$1,082,638	0	$0	12	$697,705	25	$1,780,343
60-89	7	$349,991	0	$0	11	$655,706	18	$1,005,697
90-119	8	$547,720	0	$0	9	$550,889	17	$1,098,609
120-179	11	$592,388	1	$58,985	11	$647,807	23	$1,299,180
180-269	15	$998,018	0	$0	16	$1,034,554	31	$2,032,572
270-359	11	$1,032,855	0	$0	6	$493,636	17	$1,526,491
360+	7	$395,620	1	$92,502	27	$1,636,867	35	$2,124,989
REO	7	$548,238	1	$54,627	15	$959,976	23	$1,562,841
90+REO	59	$4,114,839	3	$206,114	84	$5,323,729	146	$9,644,682
Loss To Date
% to Original	2.79%	$3,258,521	0.07%	$3,542	5.55%	$6,063,822	4.03%	$9,325,885
Severity	45.19%		3.66%		56.99%		51.96%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	1.99%	$1,402,497	0.45%	$14,257	2.93%	$1,996,333	2.41%	$3,413,087
B	3.60%	$1,108,093	0.00%	$0	8.97%	$2,496,842	5.98%	$3,604,935
C	3.56%	$307,940	0.00%	$0	10.26%	$913,766	6.90%	$1,221,706
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	7.43%	$816,745	6.72%	$1,281,808
NIV	3.10%	$432,769	1.82%	$14,257	6.12%	$1,898,745	5.12%	$2,345,771
Non-Owner	4.87%	$357,041	0.00%	$0	14.56%	$1,349,821	10.24%	$1,706,862
90+ & REO as % Rem
A/A- , B, C	7.60%	13.50%	12.30%	0.00%	7.40%	14.30%	7.60%	13.50%
C- , D, NON	13.00%	20.70%	0.00%	0.00%	34.30%	39.80%	21.70%	31.90%
2-4, LOW, NIV	17.70%	7.40%	38.70%	0.00%	11.70%	8.00%	14.80%	7.50%
As of: January 2003

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	624	$34,157,480	8	$549,064	630	$46,331,515	1262	$81,038,059
LTV/WAC	71.80%	9.43%	81.72%	10.66%	75.38%	9.68%	73.91%	9.58%
A/A-	368	$24,695,271	1	$92,739	366	$32,297,814	735	$57,085,824
B	133	$5,615,334	6	$424,990	156	$9,674,561	295	$15,714,885
C	50	$1,584,552	0	$0	45	$2,020,730	95	$3,605,282
C-	28	$992,656	0	$0	9	$480,540	37	$1,473,197
D	43	$1,179,199	1	$31,335	54	$1,857,870	98	$3,068,403
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	49.94%	$42,654,686	59.83%	$849,750	49.75%	$54,301,061	49.91%	$97,805,497
Delinquency Status
CURRENT	570	$30,999,703	7	$490,775	566	$42,182,669	1143	$73,673,147
30-59	5	$312,971	0	$0	7	$367,315	12	$680,286
60-89	9	$469,683	0	$0	9	$600,838	18	$1,070,521
90-119	2	$101,417	0	$0	2	$109,091	4	$210,508
120-179	14	$705,880	0	$0	8	$459,972	22	$1,165,852
180-269	7	$360,015	1	$58,289	9	$587,057	17	$1,005,361
270-359	2	$127,544	0	$0	10	$673,514	12	$801,058
360+	8	$654,162	0	$0	8	$593,004	16	$1,247,166
REO	7	$426,106	0	$0	11	$758,057	18	$1,184,163
90+REO	40	$2,375,124	1	$58,289	48	$3,180,695	89	$5,614,108
Loss To Date
% to Original Pool Balance	2.38%	$2,035,796	4.74%	$67,346	4.22%	$4,600,256	3.42%	$6,703,398
Severity	50.28%		31.18%		47.34%		47.94%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.75%	$429,435	8.53%	$58,550	2.01%	$1,376,279	1.48%	$1,864,264
B	3.42%	$491,141	0.00%	$0	5.07%	$1,324,182	4.43%	$1,815,323
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	5.70%	7.00%	0.00%	13.70%	4.40%	11.70%	5.00%	10.00%
C- , D, NON	8.60%	24.00%	0.00%	0.00%	9.40%	10.10%	8.90%	15.30%
2-4, LOW, NIV	0.00%	7.80%	0.00%	0.00%	7.90%	15.80%	5.50%	12.00%
As of: January 2003

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	1134	$55,196,286	167	$14,177,457	705	$49,939,550	2006	$119,313,293
LTV/WAC	72.85%	9.75%	80.16%	9.96%	73.98%	9.66%	74.19%	9.74%
A/A-	725	$40,363,260	115	$10,930,838	423	$34,557,465	1263	$85,851,563
B	249	$10,399,964	29	$1,772,282	195	$11,580,931	473	$23,753,177
C	87	$2,518,483	10	$414,691	42	$1,948,455	139	$4,881,628
C-	36	$1,051,194	1	$145,325	15	$510,570	52	$1,707,090
D	37	$863,385	12	$914,321	30	$1,342,129	79	$3,119,835
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	65.17%	$127,468,100	68.92%	$37,350,283	56.59%	$78,844,225	62.62%	$243,662,608
Delinquency Status
CURRENT	1049	$50,969,485	145	$12,373,372	643	$46,103,784	1837	$109,446,641
30-59	15	$628,372	4	$240,892	8	$419,998	27	$1,289,262
60-89	13	$717,522	1	$36,735	10	$567,167	24	$1,321,424
90-119	5	$293,397	1	$70,713	6	$675,086	12	$1,039,196
120-179	10	$425,297	4	$432,537	8	$437,212	22	$1,295,046
180-269	14	$769,895	6	$430,418	7	$416,055	27	$1,616,368
270-359	10	$604,687	1	$146,131	4	$156,679	15	$907,497
360+	9	$372,230	3	$334,261	14	$1,012,420	26	$1,718,911
REO	9	$415,401	2	$112,397	5	$151,149	16	$678,947
90+REO	57	$2,880,907	17	$1,526,457	44	$2,848,601	118	$7,255,965
Loss To Date
% to Original Pool Balance	2.38%	$4,654,851	5.32%	$2,883,597	5.90%	$8,219,348	4.05%	$15,757,796
Severity	50.50%		48.18%		54.31%		51.94%
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	3.93%	$1,449,618	7.57%	$682,856	9.70%	$3,297,359	6.79%	$5,429,833
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	10.41%	$138,450	6.96%	$431,845
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	4.28%	$1,353,825	0.00%	$0	13.86%	$365,737	4.93%	$1,719,562
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	5.62%	$2,448,249	4.61%	$3,317,934
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	3.70%	8.00%	6.90%	5.20%	3.10%	5.30%	3.90%	6.50%
C- , D, NON	11.30%	13.00%	100.00%	52.80%	5.00%	41.00%	17.00%	36.70%
2-4, LOW, NIV	8.30%	4.90%	0.00%	100.00%	4.80%	30.90%	5.50%	8.70%
As of: January 2003

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	628	$29,076,090	172	$14,172,074	350	$23,617,468	1150	$66,865,631
LTV/WAC	70.95%	10.27%	81.88%	9.72%	74.88%	9.75%	74.66%	9.97%
A/A-	322	$19,054,696	121	$10,955,298	211	$16,187,264	654	$46,197,258
B	177	$6,841,341	32	$2,381,868	107	$6,343,962	316	$15,567,172
C	61	$1,717,659	10	$433,196	20	$660,580	91	$2,811,435
C-	38	$845,604	0	$0	4	$144,346	42	$989,950
D	30	$616,790	9	$401,712	8	$281,315	47	$1,299,816
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	67.39%	$76,633,140	69.33%	$38,050,367	65.15%	$53,156,027	67.09%	$167,839,534
Delinquency Status
CURRENT	570	$26,107,977	153	$12,464,843	309	$20,811,070	1032	$59,383,890
30-59	12	$515,160	2	$431,971	3	$158,113	17	$1,105,244
60-89	6	$403,402	2	$129,873	7	$606,550	15	$1,139,825
90-119	6	$238,440	2	$199,474	3	$163,969	11	$601,883
120-179	9	$384,427	2	$111,500	6	$384,673	17	$880,600
180-269	6	$218,724	4	$183,048	9	$547,443	19	$949,215
270-359	4	$170,128	2	$108,520	3	$100,685	9	$379,333
360+	7	$407,430	3	$291,038	4	$279,113	14	$977,581
REO	8	$630,401	2	$251,805	6	$565,852	16	$1,448,058
90+REO	40	$2,049,550	15	$1,145,385	31	$2,041,735	86	$5,236,670
Loss To Date
% to Original Pool Balance	2.96%	$3,360,400	5.24%	$2,877,530	6.10%	$4,973,678	4.48%	$11,211,608
Severity	56.00%		51.90%		48.71%		51.53%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	1.66%	$1,147,730	4.68%	$1,880,355	4.21%	$2,041,118	3.21%	$5,069,203
B	4.81%	$1,242,474	4.20%	$372,369	6.30%	$1,594,332	5.35%	$3,209,175
C	5.79%	$529,089	9.49%	$232,731	13.06%	$583,254	8.38%	$1,345,074
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	5.94%	$1,837,255	5.13%	$2,879,509
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	4.10%	12.10%	6.40%	15.70%	6.10%	14.10%	5.30%	13.40%
C- , D, NON	16.60%	5.60%	0.00%	6.20%	19.60%	17.80%	17.10%	8.40%
2-4, LOW, NIV	2.20%	10.10%	0.00%	0.00%	7.00%	52.70%	4.80%	11.00%
As of: January 2003

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	404	$16,266,870	118	$8,018,474	168	$11,185,822	690	$35,471,166
LTV/WAC	71.13%	10.66%	77.23%	10.45%	73.13%	9.92%	73.14%	10.38%
A/A-	223	$11,021,729	72	$5,322,623	108	$8,007,446	403	$24,351,798
B	88	$3,183,801	23	$1,524,130	42	$2,500,944	153	$7,208,875
C	31	$820,978	15	$788,339	10	$406,438	56	$2,015,755
C-	38	$680,582	0	$0	1	$37,929	39	$718,511
D	24	$559,780	8	$383,383	7	$233,065	39	$1,176,227
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	73.17%	$57,745,389	74.96%	$30,562,804	59.67%	$18,734,451	70.85%	$107,042,644
Delinquency Status
CURRENT	374	$14,396,095	107	$7,102,363	146	$9,972,696	627	$31,471,154
30-59	4	$146,515	2	$200,206	6	$392,856	12	$739,577
60-89	3	$91,634	1	$97,680	2	$136,716	6	$326,030
90-119	1	$57,863	0	$0	0	$0	1	$57,863
120-179	6	$316,242	1	$28,655	1	$30,210	8	$375,107
180-269	3	$352,309	0	$0	5	$273,702	8	$626,011
270-359	4	$146,419	2	$272,360	0	$0	6	$418,779
360+	6	$599,188	4	$238,599	7	$369,809	17	$1,207,596
REO	3	$160,604	1	$78,611	1	$9,834	5	$249,049
90+REO	23	$1,632,625	8	$618,225	14	$683,555	45	$2,934,405
Loss To Date
% to Original Pool Balance	3.33%	$2,631,266	8.48%	$3,456,913	6.74%	$2,117,472	5.43%	$8,205,651
Severity	67.49%		50.12%		53.60%		55.64%
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	16.47%	$288,510	9.12%	$982,890
C-	1.42%	$74,328	7.19%	$28,939	33.30%	$135,863	3.95%	$239,130
D	7.44%	$264,087	16.50%	$346,862	26.47%	$315,502	13.54%	$926,451
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	9.60%	10.10%	7.30%	11.30%	2.60%	10.50%	6.80%	10.50%
C- , D, NON	8.50%	11.50%	0.00%	14.70%	0.00%	20.80%	8.10%	14.40%
2-4, LOW, NIV	6.40%	3.40%	0.00%	0.00%	0.00%	0.00%	2.10%	3.00%
As of: January 2003

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	612	$26,207,755	126	$8,023,899	222	$12,601,405	960	$46,833,059
LTV/WAC	68.22%	10.41%	76.47%	10.46%	71.00%	10.12%	70.38%	10.34%
A/A-	331	$17,498,268	78	$5,616,697	130	$8,781,018	539	$31,895,983
B	138	$5,002,243	29	$1,562,251	61	$2,873,781	228	$9,438,275
C	77	$1,935,332	12	$533,324	14	$396,805	103	$2,865,462
C-	34	$861,789	2	$108,632	4	$137,740	40	$1,108,160
D	32	$910,123	5	$202,994	13	$412,061	50	$1,525,178
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	72.42%	$94,069,650	77.15%	$32,949,512	65.37%	$30,691,180	71.83%	$157,710,342
Delinquency Status
CURRENT	575	$24,459,083	109	$6,819,697	204	$11,669,376	888	$42,948,156
30-59	11	$351,771	3	$308,835	5	$277,787	19	$938,393
60-89	5	$188,865	1	$89,573	2	$156,597	8	$435,035
90-119	3	$343,241	3	$139,893	1	$84,514	7	$567,648
120-179	5	$246,792	0	$0	2	$65,327	7	$312,119
180-269	3	$163,646	0	$0	2	$87,448	5	$251,094
270-359	1	$17,626	2	$180,140	1	$53,420	4	$251,186
360+	6	$310,088	6	$331,451	3	$128,259	15	$769,798
REO	3	$126,644	2	$154,309	2	$78,678	7	$359,631
90+REO	21	$1,208,037	13	$805,793	11	$497,646	45	$2,511,476
Loss To Date
% to Original Pool Balance	3.46%	$4,498,052	10.08%	$4,303,339	7.40%	$3,476,233	5.59%	$12,277,624
Severity	56.34%		57.61%		60.08%		57.80%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	1.72%	$1,431,078	5.98%	$1,721,883	5.04%	$1,414,399	3.27%	$4,567,360
B	3.65%	$959,731	13.23%	$1,112,822	8.42%	$1,036,394	6.61%	$3,108,947
C	9.06%	$876,617	24.39%	$569,443	19.27%	$519,453	13.37%	$1,965,513
C-	4.12%	$220,361	9.54%	$60,748	8.98%	$90,460	5.31%	$371,569
D	18.15%	$1,010,264	33.07%	$838,443	14.43%	$415,527	20.62%	$2,264,234
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	4.37%	$1,727,256	16.82%	$174,319	12.71%	$156,811	4.92%	$2,058,386
2-4 Unit	4.16%	$341,201	25.77%	$1,227,996	5.51%	$164,056	10.86%	$1,733,253
NIV	2.97%	$434,492	9.99%	$1,261,939	10.75%	$1,842,390	7.97%	$3,538,821
Non-Owner	8.29%	$578,795	54.25%	$691,510	15.71%	$1,026,005	15.52%	$2,296,310
90+ & REO as % Rem
A/A- , B, C	2.90%	2.50%	4.20%	20.90%	2.20%	7.20%	2.90%	7.00%
C- , D, NON	5.20%	14.80%	54.90%	14.30%	0.00%	24.50%	9.40%	17.30%
2-4, LOW, NIV	5.60%	3.10%	0.00%	33.80%	12.00%	0.00%	5.70%	3.40%
As of: January 2003

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	370	$16,370,505	107	$6,969,462	157	$8,300,953	634	$31,640,921
LTV/WAC	72.19%	10.51%	75.92%	11.20%	71.03%	10.20%	72.71%	10.58%
A/A-	200	$10,261,428	53	$3,575,283	104	$5,942,749	357	$19,779,459
B	93	$4,050,249	30	$2,274,608	31	$1,589,728	154	$7,914,585
C	47	$1,167,795	13	$721,716	11	$358,743	71	$2,248,254
C-	13	$444,164	4	$141,437	3	$98,685	20	$684,285
D	17	$446,870	7	$256,418	8	$311,050	32	$1,014,339
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	77.24%	$71,940,400	81.70%	$36,188,989	74.51%	$30,113,349	77.73%	$138,242,738
Delinquency Status
CURRENT	341	$14,847,113	88	$5,804,788	138	$7,309,556	567	$27,961,457
30-59	7	$336,725	1	$40,824	3	$200,532	11	$578,081
60-89	5	$120,105	0	$0	1	$65,629	6	$185,734
90-119	3	$131,665	1	$66,090	3	$208,165	7	$405,920
120-179	2	$115,617	2	$92,121	3	$193,877	7	$401,615
180-269	5	$312,225	4	$143,096	2	$72,704	11	$528,025
270-359	1	$160,567	3	$279,318	2	$102,081	6	$541,966
360+	6	$346,489	7	$499,633	4	$123,550	17	$969,672
REO	0	$0	1	$43,592	1	$24,860	2	$68,452
90+REO	17	$1,066,563	18	$1,123,850	15	$725,237	50	$2,915,650
Loss To Date
% to Original Pool Balance	2.78%	$2,590,559	6.65%	$2,947,164	6.09%	$2,461,065	4.50%	$7,998,788
Severity	53.54%		57.86%		52.90%		54.85%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	1.91%	$1,114,548	6.55%	$1,851,900	3.95%	$1,053,949	3.55%	$4,020,397
B	3.92%	$784,087	6.69%	$622,584	8.40%	$672,815	5.57%	$2,079,486
C	3.90%	$336,402	6.65%	$252,275	12.62%	$369,950	6.25%	$958,627
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	5.05%	$608,050	5.38%	$607,995	6.01%	$922,084	5.52%	$2,138,129
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	4.70%	8.40%	11.50%	13.60%	9.40%	6.70%	7.40%	9.50%
C- , D, NON	15.10%	11.00%	49.70%	62.80%	0.00%	19.70%	20.10%	26.80%
2-4, LOW, NIV	2.80%	7.90%	9.80%	16.20%	12.80%	0.00%	7.90%	8.60%
As of: January 2003

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	337	$14,055,620	150	$7,754,732	134	$8,632,801	621	$30,443,153
LTV/WAC	69.86%	10.21%	68.48%	10.75%	69.92%	9.95%	69.53%	10.27%
A/A-	188	$9,139,406	72	$3,972,397	83	$5,920,157	343	$19,031,960
B	72	$2,866,766	44	$2,464,285	32	$2,067,758	148	$7,398,809
C	53	$1,477,397	23	$992,483	8	$258,472	84	$2,728,352
C-	11	$230,451	4	$97,933	5	$143,512	20	$471,895
D	12	$309,573	7	$227,635	6	$242,901	25	$780,109
Unknown	1	$32,026	0	$0	0	$0	1	$32,026
Paid Off	80.26%	$78,141,900	82.09%	$41,820,191	73.56%	$30,872,848	79.27%	$150,834,939
Delinquency Status
CURRENT	316	$13,101,843	134	$7,042,297	125	$8,082,330	575	$28,226,470
30-59	3	$75,968	4	$174,162	0	$0	7	$250,130
60-89	3	$184,492	0	$0	0	$0	3	$184,492
90-119	2	$49,195	2	$54,020	2	$134,534	6	$237,749
120-179	1	$10,476	1	$51,900	1	$29,661	3	$92,037
180-269	2	$121,850	1	$31,204	0	$0	3	$153,054
270-359	2	$69,203	3	$220,116	1	$39,824	6	$329,143
360+	7	$326,890	1	$11,309	4	$298,573	12	$636,772
REO	1	$115,703	4	$169,724	1	$47,880	6	$333,307
90+REO	15	$693,317	12	$538,273	9	$550,472	36	$1,782,062
Loss To Date
% to Original Pool Balance	1.53%	$1,485,857	4.62%	$2,354,300	5.12%	$2,150,678	3.15%	$5,990,835
Severity	37.24%		59.54%		48.09%		48.25%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.72%	$437,208	2.63%	$657,727	3.67%	$978,133	1.84%	$2,073,068
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	3.40%	4.30%	1.60%	6.60%	1.70%	11.80%	2.50%	7.10%
C- , D, NON	24.20%	12.40%	0.00%	5.00%	20.70%	72.80%	18.10%	29.00%
2-4, LOW, NIV	0.00%	5.80%	0.00%	0.00%	0.00%	0.00%	0.00%	5.10%
As of: January 2003

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	414	$18,279,369	137	$7,083,541	188	$11,813,422	739	$37,176,332
LTV/WAC	69.48%	9.90%	70.21%	11.66%	66.38%	9.80%	68.64%	10.20%
A/A-	238	$12,666,102	39	$2,526,272	117	$7,967,969	394	$23,160,343
B	99	$3,763,856	36	$2,198,078	40	$2,469,743	175	$8,431,677
C	42	$1,110,374	30	$1,197,964	19	$868,418	91	$3,176,756
C-	11	$290,019	10	$304,202	1	$42,599	22	$636,821
D	24	$449,018	22	$857,025	11	$464,693	57	$1,770,736
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	392	$17,511,598	107	$5,792,967	175	$10,971,936	674	$34,276,501
30-59	2	$56,351	4	$101,080	3	$327,063	9	$484,494
60-89	1	$37,336	1	$48,758	0	$0	2	$86,094
90-119	3	$109,805	2	$123,520	1	$50,164	6	$283,489
120-179	5	$214,237	1	$43,582	3	$177,616	9	$435,435
180-269	4	$115,325	6	$200,111	2	$46,861	12	$362,297
270-359	1	$27,367	2	$48,731	0	$0	3	$76,098
360+	5	$145,075	13	$670,183	4	$239,782	22	$1,055,040
REO	1	$62,275	1	$54,610	0	$0	2	$116,885
90+REO	19	$674,084	25	$1,140,737	10	$514,423	54	$2,329,244
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%	3.50%	1.40%	19.80%	2.10%	7.40%	2.50%	8.90%
C- , D, NON	2.80%	19.50%	13.40%	53.60%	0.00%	30.10%	7.70%	38.80%
2-4, LOW, NIV	0.00%	5.60%	4.70%	11.40%	0.00%	49.40%	1.40%	10.90%
As of: January 2003

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	321	$13,839,194	156	$8,624,429	189	$11,486,601	666	$33,950,224
LTV/WAC	66.95%	10.21%	68.68%	12.06%	66.26%	10.28%	67.16%	10.71%
A/A-	184	$9,633,061	52	$3,283,201	104	$7,313,461	340	$20,229,724
B	61	$2,183,226	23	$1,436,386	43	$2,537,257	127	$6,156,869
C	43	$1,195,450	29	$1,617,147	27	$972,724	99	$3,785,321
C-	10	$269,066	17	$717,374	4	$138,007	31	$1,124,447
D	23	$558,391	35	$1,570,321	11	$525,152	69	$2,653,863
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	82.17%	$83,643,200	86.24%	$63,404,336	79.35%	$53,260,947	82.62%	$200,308,483
Delinquency Status
CURRENT	285	$11,705,852	102	$5,614,257	163	$10,400,666	550	$27,720,775
30-59	10	$496,081	10	$493,130	5	$268,195	25	$1,257,406
60-89	2	$162,494	2	$177,701	2	$121,778	6	$461,973
90-119	2	$100,489	2	$55,415	0	$0	4	$155,904
120-179	1	$30,275	5	$245,899	3	$70,693	9	$346,867
180-269	4	$221,270	6	$477,018	2	$92,301	12	$790,589
270-359	1	$43,292	2	$101,213	4	$182,940	7	$327,445
360+	15	$975,265	23	$1,290,591	8	$295,071	46	$2,560,927
REO	1	$104,176	4	$169,206	2	$54,956	7	$328,338
90+REO	24	$1,474,767	42	$2,339,342	19	$695,961	85	$4,510,070
Loss To Date
% to Original Pool Balance	1.07%	$1,085,209	12.90%	$9,481,595	4.82%	$3,236,108	5.69%	$13,802,912
Severity	39.42%		64.78%		53.74%		58.96%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.57%	$362,172	8.67%	$2,216,269	2.05%	$821,056	2.62%	$3,399,497
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	6.49%	$1,876,259	7.13%	$5,142,054
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	8.60%	16.00%	15.00%	33.70%	3.70%	6.50%	7.90%	16.20%
C- , D, NON	11.60%	30.00%	41.70%	43.60%	24.30%	9.90%	32.40%	34.10%
2-4, LOW, NIV	27.50%	9.60%	24.00%	33.30%	4.50%	19.60%	16.30%	13.80%
As of: January 2003

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	204	$7,163,715	89	$5,395,139	121	$6,409,038	414	$18,967,892
LTV/WAC	61.26%	10.46%	66.87%	12.49%	65.31%	10.55%	64.22%	11.07%
A/A-	95	$3,918,110	21	$1,460,316	70	$4,091,013	186	$9,469,438
B	49	$1,854,639	12	$745,993	27	$1,386,830	88	$3,987,462
C	38	$917,207	16	$890,425	24	$931,196	78	$2,738,828
C-	12	$253,333	11	$664,757	0	$0	23	$918,090
D	10	$220,427	29	$1,633,648	0	$0	39	$1,854,074
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	86.38%	$64,700,800	87.35%	$46,516,799	82.64%	$39,098,823	85.67%	$150,316,422
Delinquency Status
CURRENT	191	$6,679,889	67	$4,014,175	106	$5,829,214	364	$16,523,278
30-59	1	$10,980	2	$99,817	1	$22,495	4	$133,292
60-89	3	$80,986	0	$0	1	$31,320	4	$112,306
90-119	1	$66,965	1	$96,869	1	$17,710	3	$181,544
120-179	3	$133,435	1	$55,563	0	$0	4	$188,998
180-269	0	$0	2	$59,790	4	$149,701	6	$209,491
270-359	1	$16,068	6	$344,939	3	$183,086	10	$544,093
360+	3	$123,383	9	$670,374	4	$119,210	16	$912,967
REO	1	$52,008	1	$53,612	1	$56,302	3	$161,922
90+REO	9	$391,859	20	$1,281,147	13	$526,009	42	$2,199,015
Loss To Date
% to Original Pool Balance	1.21%	$908,633	8.71%	$4,638,583	4.36%	$2,063,166	4.34%	$7,610,382
Severity	47.90%		57.59%		47.57%		53.26%
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	16.40%	$3,188,165	25.53%	$28,117	14.95%	$3,464,810
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	10.61%	$2,848,632	2.25%	$148,669	6.29%	$3,199,222
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	4.30%	3.20%	18.70%	4.80%	2.80%	12.80%	5.80%	6.80%
C- , D, NON	0.00%	37.30%	16.40%	39.50%	0.00%	0.00%	11.90%	39.20%
2-4, LOW, NIV	0.00%	1.00%	39.60%	5.60%	11.00%	0.00%	15.30%	2.40%
As of: January 2003

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	164	$6,426,550	79	$4,491,299	0	$0	243	$10,917,849
LTV/WAC	62.94%	10.60%	65.42%	12.23%	0.00%	0.00%	63.96%	11.27%
A/A-	63	$3,079,565	22	$1,504,282	0	$0	85	$4,583,847
B	31	$1,522,414	10	$622,506	0	$0	41	$2,144,919
C	34	$868,839	13	$672,277	0	$0	47	$1,541,116
C-	17	$613,413	7	$247,545	0	$0	24	$860,958
D	10	$201,247	27	$1,444,689	0	$0	37	$1,645,936
Unknown	9	$141,072	0	$0	0	$0	9	$141,072
Paid Off	86.22%	$53,850,965	89.82%	$51,569,640	0.00%	$0	87.94%	$105,420,605
Delinquency Status
CURRENT	147	$5,600,217	62	$3,582,129	0	$0	209	$9,182,346
30-59	5	$511,203	2	$118,361	0	$0	7	$629,564
60-89	2	$13,453	1	$78,530	0	$0	3	$91,983
90-119	3	$72,382	0	$0	0	$0	3	$72,382
120-179	0	$0	4	$289,594	0	$0	4	$289,594
180-269	2	$41,281	1	$19,820	0	$0	3	$61,101
270-359	1	$10,524	1	$102,335	0	$0	2	$112,859
360+	4	$177,490	8	$300,530	0	$0	12	$478,020
REO	0	$0	0	$0	0	$0	0	$0
90+REO	10	$301,677	14	$712,279	0	$0	24	$1,013,956
Loss To Date
% to Original Pool Balance	0.95%	$593,238	11.67%	$6,699,520	0.00%	$0	6.08%	$7,292,758
Severity	36.41%		55.71%		0.00%		53.40%
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	17.69%	$3,760,237	0.00%	$0	15.58%	$3,789,921
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)	13.02%	$3,943,793	0.00%	$0	10.71%	$3,942,224
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	4.40%	2.20%	3.30%	33.00%	0.00%	0.00%	4.00%	11.10%
C- , D, NON	6.00%	42.30%	0.00%	29.50%	0.00%	0.00%	4.30%	31.10%
2-4, LOW, NIV	3.10%	4.60%	0.00%	22.70%	0.00%	0.00%	2.20%	8.00%
As of: January 2003

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	109	$4,122,766	81	$5,158,849	0	$0	190	$9,281,615
LTV/WAC	65.78%	10.45%	65.09%	11.80%	0.00%	0.00%	65.40%	11.20%
A/A-	39	$1,750,706	28	$1,634,814	0	$0	67	$3,385,519
B	26	$1,114,395	8	$768,065	0	$0	34	$1,882,460
C	33	$1,052,340	9	$403,518	0	$0	42	$1,455,857
C-	8	$156,533	11	$625,114	0	$0	19	$781,646
D	3	$48,794	25	$1,727,339	0	$0	28	$1,776,133
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	$4,064,292	70	$4,555,319	0	$0	177	$8,619,611
30-59	0	$0	1	$7,848	0	$0	1	$7,848
60-89	0	$0	2	$143,965	0	$0	2	$143,965
90-119	1	$31,010	1	$24,499	0	$0	2	$55,509
120-179	1	$27,464	1	$46,777	0	$0	2	$74,241
180-269	0	$0	1	$41,161	0	$0	1	$41,161
270-359	0	$0	0	$0	0	$0	0	$0
360+	0	$0	5	$339,280	0	$0	5	$339,280
REO	0	$0	0	$0	0	$0	0	$0
90+REO	2	$58,474	8	$451,717	0	$0	10	$510,191
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%	28.80%	13.30%	0.00%	0.00%	26.60%	12.90%
2-4, LOW, NIV	0.00%	3.10%	0.00%	25.60%	0.00%	0.00%	0.00%	10.50%
As of: January 2003

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	143	$5,056,307	51	$3,317,447	0	$0	194	$8,373,753
LTV/WAC	59.27%	10.28%	69.04%	12.31%	0.00%	0.00%	63.14%	11.08%
A/A-	63	$2,484,288	19	$1,463,132	0	$0	82	$3,947,420
B	32	$1,310,103	8	$561,087	0	$0	40	$1,871,190
C	35	$942,113	10	$558,465	0	$0	45	$1,500,578
C-	9	$244,078	9	$423,192	0	$0	18	$667,269
D	4	$75,725	5	$311,571	0	$0	9	$387,296
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	137	$4,762,671	43	$2,823,375	0	$0	180	$7,586,046
30-59	1	$74,895	1	$79,664	0	$0	2	$154,559
60-89	2	$73,367	1	$41,831	0	$0	3	$115,198
90-119	0	$0	0	$0	0	$0	0	$0
120-179	1	$20,328	0	$0	0	$0	1	$20,328
180-269	1	$103,999	2	$163,288	0	$0	3	$267,287
270-359	1	$21,047	0	$0	0	$0	1	$21,047
360+	0	$0	4	$209,289	0	$0	4	$209,289
REO	0	$0	0	$0	0	$0	0	$0
90+REO	3	$145,374	6	$372,577	0	$0	9	$517,951
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%	52.40%	0.00%	0.00%	21.50%	42.20%
2-4, LOW, NIV	0.00%	3.60%	100.00%	0.00%	0.00%	0.00%	20.30%	3.10%
As of: January 2003

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	62	$1,801,366	18	$768,913	0	$0	80	$2,570,279
LTV/WAC	55.50%	11.50%	66.56%	12.28%	0.00%	0.00%	58.81%	11.74%
A/A-	25	$808,865	7	$328,414	0	$0	32	$1,137,279
B	21	$633,059	3	$159,571	0	$0	24	$792,629
C	12	$256,568	4	$102,645	0	$0	16	$359,212
C-	2	$37,106	4	$178,283	0	$0	6	$215,388
D	2	$65,770	0	$0	0	$0	2	$65,770
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	61	$1,794,220	14	$634,563	0	$0	75	$2,428,783
30-59	0	$0	1	$17,520	0	$0	1	$17,520
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	$27,043	0	$0	1	$27,043
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	$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	0.90%	0.00%	16.10%	0.00%	0.00%	0.00%	5.30%	0.00%
C- , D, NON	0.00%	0.00%	20.80%	0.00%	0.00%	0.00%	17.20%	0.00%
2-4, LOW, NIV	0.00%	0.00%	0.00%	26.40%	0.00%	0.00%	0.00%	8.00%
As of: January 2003

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	34	$1,002,648	14	$575,943	0	$0	48	$1,578,591
LTV/WAC	58.29%	11.77%	61.76%	13.50%	0.00%	0.00%	59.56%	12.40%
A/A-	14	$557,363	1	$36,972	0	$0	15	$594,335
B	7	$172,829	4	$216,184	0	$0	11	$389,013
C	11	$250,878	5	$111,131	0	$0	16	$362,009
C-	1	$1,937	2	$128,612	0	$0	3	$130,549
D	1	$19,641	2	$83,044	0	$0	3	$102,685
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	34	$1,002,648	13	$506,521	0	$0	47	$1,509,169
30-59	0	$0	0	$0	0	$0	0	$0
60-89	0	$0	0	$0	0	$0	0	$0
90-119	0	$0	0	$0	0	$0	0	$0
120-179	0	$0	1	$69,423	0	$0	1	$69,423
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	1	$69,423	0	$0	1	$69,423
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%	53.20%	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 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	50	$1,261,448	16	$725,301	0	$0	66	$1,986,749
LTV/WAC	52.24%	12.29%	66.63%	12.40%	0.00%	0.00%	57.49%	12.33%
A/A-	16	$304,089	7	$405,215	0	$0	23	$709,303
B	1	$4,115	2	$30,368	0	$0	3	$34,483
C	17	$498,683	4	$101,610	0	$0	21	$600,293
C-	6	$93,998	2	$168,262	0	$0	8	$262,260
D	10	$360,564	1	$19,846	0	$0	11	$380,410
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	46	$1,102,256	13	$626,052	0	$0	59	$1,728,308
30-59	2	$103,253	0	$0	0	$0	2	$103,253
60-89	1	$14,224	0	$0	0	$0	1	$14,224
90-119	1	$41,715	1	$19,846	0	$0	2	$61,561
120-179	0	$0	1	$19,171	0	$0	1	$19,171
180-269	0	$0	1	$60,231	0	$0	1	$60,231
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	$41,715	3	$99,248	-	$0	4	$140,963
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%	63.10%	0.00%	0.00%	8.50%	55.60%
C- , D, NON	0.00%	11.60%	0.00%	100.00%	0.00%	0.00%	0.00%	16.20%
2-4, LOW, NIV	0.00%	7.70%	0.00%	40.40%	0.00%	0.00%	0.00%	14.80%
As of: January 2003

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	78	$2,490,224	7	$433,964	0	$0	85	$2,924,187
LTV/WAC	58.63%	11.37%	59.37%	11.52%	0.00%	0.00%	58.74%	11.40%
A/A-	40	$1,494,911	1	$45,100	0	$0	41	$1,540,010
B	6	$166,671	2	$70,438	0	$0	8	$237,109
C	23	$599,033	3	$165,757	0	$0	26	$764,789
C-	3	$88,548	1	$152,670	0	$0	4	$241,217
D	6	$141,061	0	$0	0	$0	6	$141,061
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	73	$2,248,405	6	$411,773	0	$0	79	$2,660,178
30-59	2	$149,200	0	$0	0	$0	2	$149,200
60-89	0	$0	0	$0	0	$0	0	$0
90-119	1	$16,410	0	$0	0	$0	1	$16,410
120-179	2	$76,209	0	$0	0	$0	2	$76,209
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	3	$92,619	1	$22,190	-	$0	4	$114,809
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	5.80%	0.00%	0.00%	0.00%	0.00%	0.00%	5.60%	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%	1.10%	0.00%	0.00%	0.00%	0.00%	0.00%	1.10%
As of: January 2003

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	74	$2,039,533	11	$472,993	0	$0	85	$2,512,526
LTV/WAC	55.06%	11.48%	68.11%	11.73%	0.00%	0.00%	57.51%	11.53%
A/A-	30	$848,865	5	$177,101	0	$0	35	$1,025,966
B	11	$313,353	2	$124,028	0	$0	13	$437,380
C	10	$318,703	0	$0	0	$0	10	$318,703
C-	0	$0	1	$84,394	0	$0	1	$84,394
D	23	$558,612	3	$87,471	0	$0	26	$646,083
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	71	$1,941,948	10	$455,362	0	$0	81	$2,397,310
30-59	2	$80,911	0	$0	0	$0	2	$80,911
60-89	0	$0	1	$17,632	0	$0	1	$17,632
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	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	$16,675	0	$0	0	$0	1	$16,675
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%	3.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.60%
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
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	$1,184,886	2	$152,919	0	$0	58	$1,337,805
LTV/WAC	52.83%	10.73%	66.31%	10.05%	0.00%	0.00%	54.37%	10.65%
A/A-	15	$326,873	0	$0	0	$0	15	$326,873
B	14	$270,375	1	$103,514	0	$0	15	$373,889
C	8	$146,970	0	$0	0	$0	8	$146,970
C-	1	$18,888	1	$49,405	0	$0	2	$68,293
D	17	$400,293	0	$0	0	$0	17	$400,293
Unknown	1	$21,488	0	$0	0	$0	1	$21,488
Paid Off	88.82%	$15,807,290	83.00%	$1,601,950	0.00%	$0	88.25%	$17,409,240
Delinquency Status
CURRENT	55	$1,175,330	2	$152,919	0	$0	57	$1,328,249
30-59	0	$0	0	$0	0	$0	0	$0
60-89	1	$9,556	0	$0	0	$0	1	$9,556
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	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: January 2003

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	$776,866	1	$57,458	0	$0	34	$834,324
LTV/WAC	51.86%	10.68%	60.00%	10.75%	0.00%	0.00%	52.42%	10.68%
A/A-	1	$11,068	0	$0	0	$0	1	$11,068
B	14	$272,712	1	$57,458	0	$0	15	$330,170
C	3	$63,290	0	$0	0	$0	3	$63,290
C-	1	$30,664	0	$0	0	$0	1	$30,664
D	7	$182,630	0	$0	0	$0	7	$182,630
Unknown	7	$216,503	0	$0	0	$0	7	$216,503
Paid Off	88.96%	$10,327,515	62.03%	$135,900	0.00%	$0	88.46%	$10,463,415
Delinquency Status
CURRENT	32	$758,528	1	$57,458	0	$0	33	$815,986
30-59	0	$0	0	$0	0	$0	0	$0
60-89	0	$0	0	$0	0	$0	0	$0
90-119	1	$18,338	0	$0	0	$0	1	$18,338
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	$18,338	0	$0	0	$0	1	$18,338
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%	10.00%	0.00%	0.00%	0.00%	0.00%	0.00%	10.00%
2-4, LOW, NIV	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
As of: January 2003