May 2003 ARM Loans

EX-99 3 may03arm.htm EXHIBIT 99.1 ARM LOANS May 2003 ARM Loans

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 2002-2
ARM Loans
	Retail		Correspondent		Broker		NLC		Total
Category	#	$	#	$	#	$	#	$	#	$
Original	50	$5,494,125	2	$320,800	148	$17,969,110	39	$4,258,343	239	$28,042,378
LTV/WAC	77.43%	9.84%	87.63%	8.66%	78.71%	9.01%	75.28%	9.07%	78.04%	9.17%
NON/2-4	7.06%	10.28%	0.00%	0.00%	5.14%	4.90%	5.58%	0.00%	5.52%	5.15%
Low/NIV	2.88%	7.49%	0.00%	0.00%	0.68%	26.07%	0.00%	13.29%	1.00%	20.19%
A/A-	19	$2,465,950	2	$320,800	64	$9,282,585	5	$594,800	90	$12,664,135
B	13	$1,224,575	0	$0	55	$6,330,425	5	$347,300	73	$7,902,300
C	7	$722,300	0	$0	22	$1,927,300	6	$691,868	35	$3,341,468
C-	1	$199,500	0	$0	5	$345,900	15	$1,783,850	21	$2,329,250
D	10	$881,800	0	$0	2	$82,900	8	$840,525	20	$1,805,225
Remaining	44	$4,697,594	1	$242,939	142	$17,274,451	35	$3,613,926	222	$25,828,911
LTV/WAC	77.86%	9.87%	90.00%	8.58%	78.89%	9.01%	74.89%	9.28%	78.25%	9.20%
A/A-	16	$1,970,388	0	$0	60	$8,739,798	4	$315,799	80	$11,025,985
B	13	$1,219,296	0	$0	54	$6,252,273	4	$202,422	71	$7,673,990
C	6	$635,508	0	$0	21	$1,854,980	4	$482,864	31	$2,973,352
C-	1	$198,936	0	$0	5	$344,631	15	$1,776,501	21	$2,320,067
D	8	$673,466	0	$0	2	$82,771	8	$836,341	18	$1,592,578
Paid Off	13.96%	$766,950	23.69%	$76,000	3.29%	$591,170	14.65%	$624,000	7.34%	$2,058,120
Status
CURRENT	35	$4,035,081	1	$242,939	126	$15,583,859	27	$2,575,129	189	$22,437,008
30-59	4	$396,287	0	$0	7	$550,005	1	$68,722	12	$1,015,014
60-89	2	$117,112	0	$0	5	$552,146	3	$326,310	10	$995,568
90-119	0	$0	0	$0	1	$59,175	1	$178,436	2	$237,611
120-219	2	$75,129	0	$0	2	$494,290	1	$202,322	5	$771,741
180-269	1	$73,986	0	$0	1	$34,975	2	$263,007	4	$371,968
270-359	0	$0	0	$0	0	$0	0	$0	0	$0
360+	0	$0	0	$0	0	$0	0	$0	0	$0
REO	0	$0	0	$0	0	$0	0	$0	0	$0
90+REO	3	$149,115	-	$0	4	$588,440	4	$643,765	11	$1,381,320
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%	8.37%	0.00%	0.00%	5.66%	0.00%	0.00%	26.44%	4.39%	2.03%
C- , D, NON	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	33.23%	0.00%	25.44%	0.00%
2-4, LOW , NIV	8.39%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.27%	0.00%
As of: May 2003

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	58	$5,291,984	0	$0	67	$6,216,672	0	$0	125	$11,508,656
LTV/WAC	74.89%	8.87%	0.00%	0.00%	80.15%	9.16%	0.00%	0.00%	77.73%	9.03%
A/A-	25	$2,687,258	0	$0	39	$3,934,294	0	$0	64	$6,621,552
B	20	$1,788,416	0	$0	17	$1,601,711	0	$0	37	$3,390,127
C	7	$454,753	0	$0	6	$433,150	0	$0	13	$887,903
C-	0	$0	0	$0	4	$212,131	0	$0	4	$212,131
D	6	$361,557	0	$0	1	$35,386	0	$0	7	$396,943
Paid Off	42.69%	$3,979,410	0.00%	$0	13.60%	$988,400	0.00%	$0	29.95%	$4,967,810
Status
CURRENT	53	$4,900,361	0	$0	64	$5,783,241	0	$0	117	$10,683,602
30-59	3	$215,145	0	$0	0	$0	0	$0	3	$215,145
60-89	0	$0	0	$0	1	$105,477	0	$0	1	$105,477
90-119	0	$0	0	$0	0	$0	0	$0	0	$0
120-219	0	$0	0	$0	1	$92,479	0	$0	1	$92,479
180-269	0	$0	0	$0	1	$235,475	0	$0	1	$235,475
270-359	1	$55,012	0	$0	0	$0	0	$0	1	$55,012
360+	1	$121,465	0	$0	0	$0	0	$0	1	$121,465
REO	0	$0	0	$0	0	$0	0	$0	0	$0
90+REO	2	$176,477	-	$0	2	$327,954	-	$0	4	$504,431
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%	3.08%	0.00%	0.00%	8.34%	0.00%	0.00%	0.00%	4.95%	1.62%
C- , D, NON	0.00%	33.60%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	30.60%
2-4, LOW , NIV	21.91%	0.00%	0.00%	0.00%	37.17%	0.00%	0.00%	0.00%	30.05%	0.00%
As of: May 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	63	$4,837,534	0	$0	57	$3,799,557	0	$0	120	$8,637,090
LTV/WAC	76.94%	10.52%	0.00%	0.00%	79.57%	10.52%	0.00%	0.00%	78.10%	10.52%
A/A-	16	$1,624,641	0	$0	19	$1,439,556	0	$0	35	$3,064,198
B	26	$1,809,807	0	$0	20	$1,123,515	0	$0	46	$2,933,322
C	15	$1,097,346	0	$0	7	$627,596	0	$0	22	$1,724,942
C-	0	$0	0	$0	9	$511,556	0	$0	9	$511,556
D	6	$305,739	0	$0	2	$97,334	0	$0	8	$403,073
Paid Off	53.33%	$5,575,358	0.00%	$0	41.98%	$2,794,891	0.00%	$0	48.92%	$8,370,249
Status
CURRENT	48	$3,675,068	0	$0	44	$3,136,693	0	$0	92	$6,811,761
30-59	4	$427,401	0	$0	2	$92,175	0	$0	6	$519,576
60-89	1	$50,553	0	$0	0	$0	0	$0	1	$50,553
90-119	1	$59,492	0	$0	2	$114,072	0	$0	3	$173,564
120-219	1	$62,115	0	$0	0	$0	0	$0	1	$62,115
180-269	0	$0	0	$0	5	$275,810	0	$0	5	$275,810
270-359	1	$46,023	0	$0	2	$79,484	0	$0	3	$125,507
360+	4	$216,806	0	$0	0	$0	0	$0	4	$216,806
REO	3	$300,077	0	$0	2	$101,322	0	$0	5	$401,399
90+REO	10	$684,512	-	$0	11	$570,689	-	$0	21	$1,255,201
Loss To Date
% to Original	0.36%	$37,351	0.00%	$0	1.68%	$111,748	0.00%	$0	0.87%	$149,098
Severity	48.56%		0.00%		66.26%		0.00%		60.72%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	0.00%	$0	0.00%	$0	1.72%	$41,341	0.00%	$0	0.76%	$41,341
B	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$0
C	0.00%	$0	0.00%	$0	4.78%	$70,406	0.00%	$0	1.89%	$70,406
C-	18.36%	$37,351	0.00%	$0	0.00%	$0	0.00%	$0	3.87%	$37,351
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%	23.63%	0.00%	0.00%	12.87%	15.80%	0.00%	0.00%	6.04%	20.63%
C- , D, NON	0.00%	0.00%	0.00%	0.00%	8.42%	100.00%	0.00%	0.00%	8.42%	24.15%
2-4, LOW , NIV	27.91%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	23.55%	0.00%
As of: May 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	10	$614,975	0	$0	22	$1,552,134	0	$0	32	$2,167,108
LTV/WAC	78.82%	10.18%	0.00%	0.00%	78.44%	11.15%	0.00%	0.00%	78.55%	10.88%
A/A-	2	$88,034	0	$0	7	$481,815	0	$0	9	$569,850
B	5	$444,573	0	$0	6	$386,120	0	$0	11	$830,693
C	3	$82,367	0	$0	4	$337,567	0	$0	7	$419,934
C-	0	$0	0	$0	3	$220,969	0	$0	3	$220,969
D	0	$0	0	$0	2	$125,663	0	$0	2	$125,663
Paid Off	45.94%	$529,475	0.00%	$0	43.45%	$1,205,300	0.00%	$0	44.18%	$1,734,775
Status
CURRENT	6	$328,267	0	$0	13	$894,819	0	$0	19	$1,223,087
30-59	1	$159,781	0	$0	4	$304,188	0	$0	5	$463,969
60-89	0	$0	0	$0	0	$0	0	$0	0	$0
90-119	0	$0	0	$0	0	$0	0	$0	0	$0
120-219	0	$0	0	$0	0	$0	0	$0	0	$0
180-269	0	$0	0	$0	1	$27,832	0	$0	1	$27,832
270-359	0	$0	0	$0	1	$111,315	0	$0	1	$111,315
360+	2	$50,076	0	$0	0	$0	0	$0	2	$50,076
REO	1	$76,850	0	$0	3	$213,979	0	$0	4	$290,829
90+REO	3	$126,926	-	$0	5	$353,126	-	$0	8	$480,052
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	87.30%	0.00%	0.00%	0.00%	5.78%	55.42%	0.00%	0.00%	18.37%	25.76%
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	59.99%	0.00%	0.00%	0.00%	18.97%	0.00%	0.00%	0.00%	29.08%	0.00%
As of: May 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	32	$2,483,400
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	49	$4,019,231	0	$0	34	$2,326,551	0	$0	83	$6,345,782
LTV/WAC	77.85%	10.61%	0.00%	0.00%	82.06%	10.73%	0.00%	0.00%	79.40%	10.66%
A/A-	18	$1,291,878	0	$0	19	$1,522,510	0	$0	37	$2,814,388
B	17	$1,449,138	0	$0	10	$622,394	0	$0	27	$2,071,533
C	12	$1,093,962	0	$0	4	$134,128	0	$0	16	$1,228,090
C-	0	$0	0	$0	1	$47,519	0	$0	1	$47,519
D	2	$184,253	0	$0	0	$0	0	$0	2	$184,253
Paid Off	51.59%	$4,331,950	0.00%	$0	61.66%	$3,776,361	0.00%	$0	55.84%	$8,108,311
Status
CURRENT	27	$2,566,561	0	$0	19	$1,164,827	0	$0	46	$3,731,388
30-59	2	$268,314	0	$0	1	$166,229	0	$0	3	$434,543
60-89	3	$206,147	0	$0	3	$185,135	0	$0	6	$391,282
90-119	0	$0	0	$0	0	$0	0	$0	0	$0
120-179	0	$0	0	$0	3	$184,640	0	$0	3	$184,640
180-269	3	$175,922	0	$0	0	$0	0	$0	3	$175,922
270-359	1	$52,705	0	$0	2	$78,184	0	$0	3	$130,889
360+	9	$517,463	0	$0	4	$416,236	0	$0	13	$933,699
REO	4	$232,119	0	$0	2	$131,300	0	$0	6	$363,419
90+REO	17	$978,209	-	$0	11	$810,361	-	$0	28	$1,788,569
Loss To Date
% to Original	6.85%	$574,786	0.00%	$0	4.35%	$266,260	0.00%	$0	5.79%	$841,045
Severity	58.70%		0.00%		51.34%		0.00%		56.15%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	12.64%	$340,830	0.00%	$0	1.98%	$77,362	0.00%	$0	6.33%	$418,192
B	6.24%	$171,152	0.00%	$0	5.00%	$76,605	0.00%	$0	5.79%	$247,757
C	3.14%	$62,804	0.00%	$0	23.37%	$112,293	0.00%	$0	7.05%	$175,097
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	12.29%	$86,328	0.00%	$0	8.66%	$149,052
NIV	16.01%	$145,768	0.00%	$0	1.74%	$32,462	0.00%	$0	6.42%	$178,230
Non-Owner	13.98%	$287,818	0.00%	$0	1.08%	$4,954	0.00%	$0	11.62%	$292,772
90+ & REO
A/A-, B , C	36.79%	16.82%	0.00%	0.00%	40.42%	25.58%	0.00%	0.00%	38.75%	19.45%
C- , D, NON	0.00%	38.61%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	38.61%
2-4, LOW , NIV	25.12%	13.08%	0.00%	0.00%	100.00%	0.00%	0.00%	0.00%	53.46%	13.08%
As of: May 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	10	$806,831	0	$0	49	$4,406,882	0	$0	59	$5,213,713
LTV/WAC	73.95%	10.70%	0.00%	0.00%	90.18%	10.63%	0.00%	0.00%	87.67%	10.64%
A/A-	2	$172,758	0	$0	44	$4,067,925	0	$0	46	$4,240,682
B	4	$328,097	0	$0	4	$268,230	0	$0	8	$596,327
C	3	$192,919	0	$0	1	$70,727	0	$0	4	$263,646
C-	1	$113,057	0	$0	0	$0	0	$0	1	$113,057
D	0	$0	0	$0	0	$0	0	$0	0	$0
Paid Off	65.71%	$1,563,397	100.00%	$135,000	55.96%	$5,674,890	0.00%	$0	58.26%	$7,373,287
Status
CURRENT	6	$630,524	0	$0	42	$3,502,912	0	$0	48	$4,133,436
30-59	0	$0	0	$0	1	$50,705	0	$0	1	$50,705
60-89	0	$0	0	$0	0	$0	0	$0	0	$0
90-119	0	$0	0	$0	0	$0	0	$0	0	$0
120-179	1	$58,130	0	$0	0	$0	0	$0	1	$58,130
180-269	0	$0	0	$0	1	$172,591	0	$0	1	$172,591
270-359	0	$0	0	$0	0	$0	0	$0	0	$0
360+	3	$118,177	0	$0	3	$510,147	0	$0	6	$628,324
REO	0	$0	0	$0	2	$170,527	0	$0	2	$170,527
90+REO	4	$176,307	-	$0	6	$853,265	-	$0	10	$1,029,572
Loss To Date
% to Original	13.31%	$316,618	0.00%	$0	1.30%	$131,641	0.00%	$0	3.54%	$448,259
Severity	38.99%		0.00%		37.95%		0.00%		38.68%
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	9.62%	$90,194	0.00%	$0	0.00%	$0	0.00%	$0	5.76%	$90,194
C	13.50%	$145,657	0.00%	$0	0.00%	$0	0.00%	$0	12.66%	$145,657
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	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	23.86%	32.52%	0.00%	0.00%	18.67%	34.95%	0.00%	0.00%	18.88%	33.61%
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	20.00%	0.00%	0.00%	0.00%	30.42%	0.00%	0.00%	0.00%	25.83%	0.00%
As of: May 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	350	$31,706,083	16	$1,626,887	882	$80,911,518	7	$690,151	1255	$114,934,639
LTV/WAC	75.61%	10.80%	68.13%	9.60%	80.31%	10.80%	81.65%	11.30%	78.85%	10.79%
A/A-	84	$8,608,116	2	$149,563	421	$44,380,150	3	$208,730	510	$53,346,559
B	125	$11,172,712	10	$1,137,747	248	$22,131,663	1	$51,874	384	$34,493,995
C	94	$7,993,622	3	$283,980	149	$10,897,336	2	$380,875	248	$19,555,814
C-	22	$1,935,217	1	$55,597	45	$2,569,191	1	$48,673	69	$4,608,678
D	25	$1,996,415	0	$0	19	$933,178	0	$0	44	$2,929,593
Paid Off	59.75%	$47,743,515	81.88%	$7,631,320	64.82%	$151,255,623	59.12%	$1,011,300	64.03%	$207,641,758
Status
CURRENT	214	$19,404,147	12	$1,109,147	574	$52,601,862	4	$491,738	804	$73,606,894
30-59	26	$2,780,776	0	$0	47	$4,959,006	0	$0	73	$7,739,782
60-89	6	$404,782	2	$305,734	20	$1,981,776	0	$0	28	$2,692,292
90-119	5	$495,776	1	$128,073	10	$1,034,266	0	$0	16	$1,658,114
120-179	16	$1,315,736	1	$83,932	36	$3,603,146	0	$0	53	$5,002,814
180-269	18	$1,545,924	0	$0	41	$3,590,586	0	$0	59	$5,136,510
270-359	10	$1,108,056	0	$0	36	$2,757,951	1	$97,866	47	$3,963,873
360+	40	$3,545,185	0	$0	73	$6,888,564	1	$48,673	114	$10,482,422
REO	15	$1,105,702	0	$0	45	$3,494,362	1	$51,874	61	$4,651,937
90+REO	104	$9,116,378	2	$212,005	241	$21,368,874	3	$198,413	350	$30,895,671
Loss To Date
% to Original	2.90%	$2,316,771	2.03%	$189,568	1.88%	$4,391,539	0.00%	$0	2.13%	$6,897,878
Severity	33.73%		21.32%		36.31%		0.00%		34.75%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	2.05%	$492,626	3.07%	$137,647	1.10%	$1,502,252	0.00%	$0	1.29%	$2,132,525
B	2.83%	$748,155	0.66%	$21,135	2.07%	$1,242,986	0.00%	$0	2.23%	$2,012,275
C	4.18%	$798,478	2.15%	$30,787	4.36%	$1,233,999	0.00%	$0	4.18%	$2,063,264
C-	3.72%	$176,260	0.00%	$0	6.80%	$368,145	0.00%	$0	5.24%	$544,405
D	1.82%	$101,252	0.00%	$0	1.57%	$44,157	0.00%	$0	1.71%	$145,410
Loss by Characteristic	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
Low Doc	1.17%	$157,465	0.00%	$0	8.48%	$434,609	0.00%	$0	3.17%	$592,075
2-4 Unit	7.78%	$183,659	0.00%	$0	2.33%	$306,668	0.00%	$0	2.97%	$490,328
NIV	1.50%	$68,783	7.97%	$76,134	2.40%	$1,381,864	0.00%	$0	2.41%	$1,526,782
Non-Owner	8.73%	$300,326	0.00%	$0	0.30%	$26,619	0.00%	$0	2.52%	$326,945
90+ & REO
A/A-, B , C	19.57%	26.51%	0.00%	18.63%	18.63%	35.75%	46.89%	100.00%	18.84%	32.29%
C- , D, NON	53.05%	63.33%	0.00%	0.00%	41.86%	41.72%	100.00%	0.00%	46.66%	56.45%
2-4, LOW , NIV	19.69%	22.11%	0.00%	0.00%	24.82%	11.15%	0.00%	0.00%	24.28%	20.33%
As of: May 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	233	$18,197,053	15	$1,422,436	674	$54,666,080	15	$1,509,969	937	$75,795,538
LTV/WAC	74.54%	10.65%	66.95%	10.46%	78.54%	11.09%	77.93%	9.90%	77.35%	10.95%
A/A-	61	$4,971,433	6	$515,653	288	$27,033,894	5	$809,588	360	$33,330,568
B	81	$7,297,394	4	$595,211	187	$13,841,117	6	$410,364	278	$22,144,085
C	51	$3,982,746	3	$211,328	133	$9,940,858	3	$243,128	190	$14,378,060
C-	16	$789,570	1	$65,858	41	$2,222,758	1	$46,889	59	$3,125,075
D	24	$1,155,911	1	$34,386	25	$1,627,452	0	$0	50	$2,817,748
Paid Off	60.94%	$28,822,860	80.94%	$6,146,740	71.21%	$137,364,402	56.12%	$1,965,607	69.36%	$174,299,609
Status
CURRENT	141	$10,639,650	11	$1,215,247	430	$34,947,444	9	$685,554	591	$47,487,896
30-59	14	$930,889	0	$0	37	$2,639,620	0	$0	51	$3,570,508
60-89	9	$772,106	1	$87,208	11	$913,451	0	$0	21	$1,772,765
90-119	9	$973,941	0	$0	5	$497,498	0	$0	14	$1,471,439
120-179	5	$372,049	0	$0	14	$1,049,257	1	$47,619	20	$1,468,925
180-269	6	$510,110	0	$0	26	$2,199,948	0	$0	32	$2,710,058
270-359	10	$630,681	0	$0	34	$3,049,800	1	$59,774	45	$3,740,254
360+	31	$2,818,391	3	$119,981	78	$6,692,783	2	$582,936	114	$10,214,092
REO	8	$549,235	0	$0	39	$2,676,278	2	$134,086	49	$3,359,599
90+REO	69	$5,854,408	3	$119,981	196	$16,165,565	6	$824,415	274	$22,964,369
Loss To Date
% to Original	3.08%	$1,456,013	1.52%	$115,734	2.52%	$4,866,301	-0.47%	-$16,392	2.56%	$6,421,655
Severity	36.81%		20.97%		41.47%		-30.39%		39.41%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	3.02%	$348,738	0.63%	$27,864	1.23%	$1,260,285	0.00%	$0	1.36%	$1,636,887
B	1.51%	$243,868	2.60%	$49,791	3.10%	$1,608,240	0.00%	$0	2.68%	$1,901,899
C	3.04%	$393,076	2.59%	$26,388	5.05%	$1,368,171	-3.00%	($16,392)	4.30%	$1,787,635
C-	8.81%	$242,217	0.00%	$0	6.92%	$433,660	0.00%	$0	7.08%	$675,877
D	5.89%	$228,114	18.14%	$11,691	3.88%	$195,945	0.00%	$0	4.81%	$435,750
Loss by Characteristic	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
Low Doc	5.11%	$348,454	0.00%	$0	3.51%	$205,625	0.00%	$0	4.37%	$554,078
2-4 Unit	7.07%	$134,149	0.00%	$0	4.14%	$490,673	0.00%	$0	4.42%	$624,822
NIV	5.00%	$126,804	1.61%	$16,900	3.25%	$1,704,247	0.00%	$0	3.29%	$1,847,951
Non-Owner	5.62%	$169,650	0.00%	$0	6.68%	$477,286	0.00%	$0	6.19%	$646,936
90+ & REO
A/A-, B , C	18.39%	33.69%	0.00%	8.63%	23.69%	24.79%	59.79%	59.91%	23.41%	27.94%
C- , D, NON	51.58%	32.72%	0.00%	100.00%	44.62%	54.29%	100.00%	0.00%	46.27%	46.00%
2-4, LOW , NIV	25.84%	40.76%	29.52%	0.00%	38.63%	14.06%	0.00%	0.00%	35.46%	26.02%
As of: May 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	15	$991,633	26	$2,786,945	496	$36,832,971	537	$40,611,549
LTV/WAC	76.42%	9.27%	80.86%	9.90%	79.33%	10.31%	79.36%	10.26%
A/A-	6	$526,006	14	$1,813,183	251	$21,245,723	271	$23,584,912
B	4	$193,809	9	$765,342	155	$10,656,225	168	$11,615,376
C	0	$0	3	$208,420	32	$2,052,946	35	$2,261,366
C-	4	$252,161	0	$0	10	$700,049	14	$952,210
D	1	$19,657	0	$0	48	$2,178,027	49	$2,197,684
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	80.30%	$4,043,267	77.26%	$9,468,882	75.76%	$115,113,538	76.00%	$128,625,687
Status
CURRENT	12	$793,901	21	$2,308,520	404	$29,627,651	437	$32,730,072
30-59	1	$65,363	1	$107,010	11	$666,809	13	$839,182
60-89	0	$0	2	$123,014	7	$340,208	9	$463,222
90-119	0	$0	0	$0	8	$592,171	8	$592,171
120-179	0	$0	0	$0	9	$574,526	9	$574,526
180-269	0	$0	0	$0	13	$1,004,205	13	$1,004,205
270-359	0	$0	1	$80,378	12	$1,071,163	13	$1,151,541
360+	2	$132,370	1	$168,023	21	$2,179,076	24	$2,479,469
REO	0	$0	0	$0	11	$777,160	11	$777,160
90+REO	2	$132,370	2	$248,401	74	$6,198,301	78	$6,579,072
Loss To Date
% to Original	0.92%	$46,516	1.56%	$190,942	6.43%	$9,775,392	5.92%	$10,012,850
Severity	19.04%		30.86%		49.21%		48.31%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.69%	$20,049	0.61%	$41,858	3.81%	$3,312,652	3.49%	$3,374,559
B	0.00%	$0	1.80%	$63,869	7.62%	$3,005,366	6.99%	$3,069,235
C	12.61%	$27,463	2.07%	$25,154	10.75%	$1,226,372	9.96%	$1,278,989
C-	0.00%	$0	-0.74%	($1,659)	15.91%	$488,786	13.38%	$487,127
D	-0.16%	($996)	13.67%	$61,720	15.97%	$1,742,216	15.07%	$1,802,940
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	8.11%	$27,463	0.00%	$0	11.68%	$779,081	10.98%	$806,544
2-4 Unit	0.00%	$0	0.00%	$0	12.73%	$1,158,917	10.86%	$1,158,917
NIV	0.00%	$0	2.08%	$36,285	5.47%	$2,280,664	5.19%	$2,316,949
Non-Owner	0.00%	$0	0.00%	$0	15.55%	$714,330	13.60%	$714,330
90+ & REO as % Rem
A/A- , B, C	0.00%	0.00%	13.70%	0.00%	13.80%	16.50%	13.10%	14.80%
C- , D, NON	52.50%	0.00%	0.00%	0.00%	49.70%	21.90%	53.60%	22.60%
2-4, LOW, NIV	36.70%	100.00%	0.00%	0.00%	22.60%	9.40%	21.60%	8.10%
As of: May 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	20	$1,436,046	9	$656,316	497	$35,852,421	526	$37,944,783
LTV/WAC	82.08%	8.53%	72.18%	11.39%	76.62%	10.44%	76.75%	10.38%
A/A-	11	$895,788	2	$227,915	210	$17,690,562	223	$18,814,264
B	7	$436,555	1	$35,743	149	$10,394,272	157	$10,866,570
C	1	$66,573	2	$80,154	47	$2,309,984	50	$2,456,711
C-	0	$0	0	$0	17	$900,275	17	$900,275
D	1	$37,130	4	$312,505	74	$4,557,328	79	$4,906,963
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	86.68%	$9,346,804	89.01%	$5,312,999	80.64%	$149,290,417	81.21%	$163,950,220
Delinquency Status
CURRENT	17	$1,262,103	9	$656,316	389	$28,263,988	415	$30,182,407
30-59	0	$0	0	$0	17	$1,237,497	17	$1,237,497
60-89	1	$70,240	0	$0	13	$843,053	14	$913,293
90-119	0	$0	0	$0	9	$564,841	9	$564,841
120-179	0	$0	0	$0	12	$805,606	12	$805,606
180-269	1	$37,130	0	$0	19	$1,325,272	20	$1,362,402
270-359	0	$0	0	$0	12	$749,277	12	$749,277
360+	1	$66,573	0	$0	16	$1,270,284	17	$1,336,857
REO	0	$0	0	$0	10	$792,602	10	$792,602
90+REO	2	$103,703	-	$0	78	$5,507,882	80	$5,611,585
Loss To Date
% to Original Pool Balance	1.38%	$148,863	4.03%	$240,608	5.32%	$9,848,431	5.07%	$10,237,902
Severity	22.45%		43.85%		44.16%		43.54%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.00%	$0	0.00%	$0	3.06%	$2,910,640	2.78%	$2,910,640
B	3.64%	$87,628	10.89%	$139,156	6.86%	$3,327,242	6.81%	$3,554,026
C	4.08%	$24,466	0.00%	$0	7.96%	$1,166,719	7.64%	$1,191,185
C-	0.00%	$0	16.67%	$10,038	5.14%	$236,090	5.20%	$246,128
D	3.56%	$36,769	5.52%	$91,414	9.96%	$2,207,740	9.40%	$2,335,923
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	8.80%	$762,024	8.35%	$786,305
2-4 Unit	2.41%	$25,375	0.00%	$0	10.31%	$1,025,841	9.06%	$1,051,216
NIV	2.55%	$53,274	2.97%	$50,442	4.92%	$2,854,733	4.79%	$2,958,449
Non-Owner	6.53%	$25,375	0.00%	$0	12.20%	$1,119,243	11.94%	$1,144,618
90+ & REO as % Rem
A/A- , B, C	7.80%	0.00%	0.00%	0.00%	7.00%	20.10%	6.10%	20.20%
C- , D, NON	0.00%	100.00%	0.00%	0.00%	16.40%	29.30%	16.40%	29.30%
2-4, LOW, NIV	45.80%	34.20%	0.00%	0.00%	8.00%	22.80%	11.10%	21.00%
As of: May 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	24	$1,921,493	65	$6,007,631	249	$18,279,314	338	$26,208,438
LTV/WAC	78.75%	8.70%	81.44%	9.94%	79.66%	9.85%	80.00%	9.79%
A/A-	13	$1,201,827	43	$4,134,232	139	$11,563,765	195	$16,899,824
B	8	$471,160	15	$1,288,334	75	$4,812,032	98	$6,571,527
C	2	$178,957	0	$0	9	$525,017	11	$703,975
C-	0	$0	1	$51,524	8	$522,264	9	$573,787
D	1	$69,549	6	$533,541	18	$856,235	25	$1,459,325
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	90.91%	$19,208,307	92.16%	$70,591,329	88.71%	$143,592,159	89.90%	$233,391,795
Delinquency Status
CURRENT	15	$1,169,208	59	$5,564,425	226	$16,354,491	300	$23,088,124
30-59	2	$177,974	0	$0	5	$335,816	7	$513,790
60-89	1	$71,998	3	$234,060	0	$0	4	$306,058
90-119	0	$0	1	$46,316	3	$197,645	4	$243,961
120-179	1	$60,846	1	$84,383	3	$165,623	5	$310,852
180-269	2	$175,936	0	$0	5	$717,106	7	$893,042
270-359	3	$265,530	0	$0	3	$296,948	6	$562,478
360+	0	$0	1	$78,447	2	$125,257	3	$203,704
REO	0	$0	0	$0	2	$86,427	2	$86,427
90+REO	6	$502,312	3	$209,146	18	$1,589,006	27	$2,300,464
Loss To Date
% to Original Pool Balance	4.88%	$1,030,787	4.35%	$3,334,806	4.42%	$7,147,066	4.43%	$11,512,659
Severity	41.02%		34.90%		36.95%		36.65%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	3.71%	$547,957	3.03%	$1,483,200	3.39%	$3,426,707	3.31%	$5,457,864
B	6.65%	$326,448	6.22%	$1,027,364	5.16%	$2,262,833	5.54%	$3,616,645
C	8.97%	$82,068	7.19%	$287,521	7.63%	$621,771	7.59%	$991,360
C-	0.00%	$0	0.00%	$0	6.24%	$155,045	5.15%	$155,045
D	17.83%	$74,315	8.05%	$536,721	10.58%	$680,709	9.55%	$1,291,745
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	23.70%	18.60%	1.90%	0.00%	7.50%	3.40%	7.70%	5.50%
C- , D, NON	0.00%	75.80%	0.00%	14.70%	45.90%	16.90%	55.20%	21.70%
2-4, LOW, NIV	0.00%	89.40%	0.00%	0.00%	6.50%	50.70%	4.80%	47.00%
As of: May 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	26	$2,354,362	83	$7,859,166	345	$22,533,083	454	$32,746,612
LTV/WAC	77.28%	11.12%	79.56%	10.15%	77.69%	9.93%	78.11%	10.07%
A/A-	10	$1,021,270	44	$4,665,712	158	$12,197,075	212	$17,884,058
B	13	$1,098,761	19	$1,633,059	118	$7,017,265	150	$9,749,085
C	2	$134,670	9	$705,860	40	$1,951,026	51	$2,791,556
C-	1	$99,661	1	$108,015	11	$575,866	13	$783,542
D	0	$0	10	$746,520	18	$791,852	28	$1,538,372
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	88.63%	$18,346,638	93.87%	$120,336,881	90.01%	$203,037,473	91.26%	$341,720,992
Delinquency Status
CURRENT	20	$1,932,978	59	$5,336,475	295	$19,150,817	374	$26,420,270
30-59	0	$0	5	$556,031	9	$474,988	14	$1,031,019
60-89	1	$67,012	2	$238,911	2	$196,824	5	$502,747
90-119	2	$180,291	0	$0	6	$365,794	8	$546,085
120-179	2	$69,339	5	$582,210	6	$336,992	13	$988,541
180-269	0	$0	2	$222,877	4	$371,900	6	$594,777
270-359	1	$104,742	4	$265,896	3	$184,895	8	$555,533
360+	0	$0	6	$656,766	14	$937,703	20	$1,594,469
REO	0	$0	0	$0	6	$513,170	6	$513,170
90+REO	5	$354,372	17	$1,727,749	39	$2,710,454	61	$4,792,575
Loss To Date
% to Original Pool Balance	4.05%	$837,535	7.72%	$9,898,836	6.29%	$14,183,245	6.65%	$24,919,616
Severity	47.00%		45.58%		46.32%		46.04%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	3.02%	$335,573	6.14%	$5,151,899	4.09%	$5,350,915	4.80%	$10,838,387
B	2.74%	$168,428	8.48%	$2,130,628	7.95%	$5,057,890	7.75%	$7,356,946
C	6.94%	$140,645	8.44%	$604,097	13.92%	$1,953,180	11.62%	$2,697,922
C-	7.25%	$46,645	7.75%	$76,984	5.92%	$257,924	6.36%	$381,553
D	18.35%	$146,245	17.47%	$1,935,228	12.21%	$1,563,336	14.77%	$3,644,809
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	11.88%	$512,152	8.89%	$944,384
2-4 Unit	0.00%	$0	10.60%	$891,780	11.92%	$1,727,804	11.11%	$2,619,584
NIV	6.46%	$215,205	10.56%	$3,758,142	5.12%	$4,467,132	6.69%	$8,440,479
Non-Owner	11.09%	$111,443	40.81%	$475,348	14.13%	$2,082,563	15.79%	$2,669,354
90+ & REO as % Rem
A/A- , B, C	10.20%	5.90%	20.10%	17.00%	9.40%	13.10%	10.70%	15.00%
C- , D, NON	0.00%	0.00%	0.00%	36.50%	14.90%	46.40%	11.00%	38.60%
2-4, LOW, NIV	50.40%	0.00%	24.50%	55.30%	8.90%	17.40%	16.00%	25.50%
As of: May 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	9	$754,031	41	$3,691,259	149	$11,333,962	199	$15,779,253
LTV/WAC	74.98%	10.94%	78.10%	11.04%	77.48%	9.82%	77.50%	10.16%
A/A-	7	$603,299	18	$1,778,729	65	$6,448,056	90	$8,830,084
B	1	$121,273	11	$882,436	54	$3,287,460	66	$4,291,169
C	0	$0	2	$413,249	16	$895,189	18	$1,308,438
C-	0	$0	0	$0	3	$142,644	3	$142,644
D	1	$29,459	10	$616,845	11	$560,613	22	$1,206,918
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	93.03%	$10,061,669	93.05%	$49,428,755	86.90%	$75,211,082	89.51%	$134,701,506
Delinquency Status
CURRENT	5	$316,911	32	$2,656,588	133	$10,208,052	170	$13,181,551
30-59	1	$107,306	1	$25,084	2	$49,088	4	$181,478
60-89	1	$29,459	0	$0	2	$212,341	3	$241,800
90-119	0	$0	1	$296,095	0	$0	1	$296,095
120-179	0	$0	0	$0	1	$100,948	1	$100,948
180-269	1	$179,082	0	$0	4	$291,725	5	$470,807
270-359	0	$0	1	$29,408	1	$65,815	2	$95,223
360+	1	$121,273	4	$388,299	5	$372,576	10	$882,148
REO	0	$0	2	$295,785	1	$33,418	3	$329,203
90+REO	2	$300,355	8	$1,009,587	12	$864,482	22	$2,174,424
Loss To Date
% to Original Pool Balance	1.17%	$126,548	12.26%	$6,512,737	5.54%	$4,796,059	7.60%	$11,435,344
Severity	31.37%		59.42%		45.30%		52.09%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	1.72%	$118,545	11.97%	$3,509,596	3.74%	$1,898,460	6.36%	$5,526,601
B	0.26%	$8,004	8.52%	$1,180,299	6.66%	$1,507,870	6.82%	$2,696,173
C	0.00%	$0	14.52%	$519,857	11.21%	$681,192	12.38%	$1,201,049
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	11.68%	$602,291	16.01%	$1,786,227
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	4.20%	$1,467,145	7.90%	$4,269,938
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	29.70%	100.00%	26.50%	18.30%	4.40%	13.30%	9.20%	15.30%
C- , D, NON	0.00%	0.00%	0.00%	21.90%	0.00%	41.10%	0.00%	21.80%
2-4, LOW, NIV	0.00%	48.40%	100.00%	0.00%	4.50%	0.00%	6.70%	45.60%
As of: May 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	21	$1,580,836	70	$6,091,464	404	$28,873,666	495	$36,545,966
LTV/WAC	75.03%	11.21%	81.06%	10.57%	76.55%	9.83%	77.23%	10.02%
A/A-	10	$686,595	33	$2,913,473	222	$17,859,283	265	$21,459,352
B	7	$454,176	20	$2,079,927	118	$7,706,448	145	$10,240,551
C	1	$119,164	10	$618,552	32	$1,519,981	43	$2,257,697
C-	3	$320,900	0	$0	3	$151,005	6	$471,906
D	0	$0	7	$479,511	29	$1,636,949	36	$2,116,460
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	91.94%	$18,039,364	94.90%	$113,269,186	88.15%	$214,810,917	90.45%	$346,119,467
Delinquency Status
CURRENT	17	$1,174,601	61	$5,024,624	355	$25,102,328	433	$31,301,553
30-59	0	$0	0	$0	3	$222,748	3	$222,748
60-89	1	$32,094	1	$264,688	8	$597,133	10	$893,915
90-119	0	$0	0	$0	5	$442,904	5	$442,904
120-179	0	$0	1	$44,039	7	$356,520	8	$400,559
180-269	0	$0	3	$253,211	6	$534,065	9	$787,276
270-359	1	$120,087	0	$0	5	$490,524	6	$610,611
360+	1	$179,115	4	$504,901	12	$950,409	17	$1,634,425
REO	1	$74,939	0	$0	3	$177,034	4	$251,973
90+REO	3	$374,141	8	$802,151	38	$2,951,456	49	$4,127,748
Loss To Date
% to Original Pool Balance	5.68%	$1,113,539	6.48%	$7,729,259	4.91%	$11,958,880	5.44%	$20,801,678
Severity	55.79%		49.01%		43.71%		46.10%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	3.17%	$407,951	4.36%	$3,226,981	3.31%	$5,086,278	3.63%	$8,721,210
B	11.38%	$457,807	9.10%	$2,205,139	6.08%	$3,491,065	7.19%	$6,154,011
C	8.39%	$80,307	8.82%	$690,679	8.33%	$1,375,192	8.48%	$2,146,178
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	4.81%	$5,392,762	5.48%	$8,462,599
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%	42.90%	12.50%	8.40%	8.30%	10.80%	7.50%	12.90%
C- , D, NON	55.80%	0.00%	0.00%	43.70%	0.00%	38.40%	38.00%	40.00%
2-4, LOW, NIV	0.00%	39.30%	0.00%	0.00%	16.50%	57.00%	15.30%	40.80%
As of: May 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	7	$624,802	76	$6,349,412	294	$22,235,291	377	$29,209,506
LTV/WAC	80.51%	11.39%	73.78%	10.58%	75.73%	10.05%	75.41%	10.19%
A/A-	1	$20,271	29	$2,491,776	167	$13,682,442	197	$16,194,489
B	6	$604,531	26	$2,519,118	77	$5,636,594	109	$8,760,242
C	0	$0	10	$656,730	27	$1,197,281	37	$1,854,011
C-	0	$0	1	$37,732	9	$879,494	10	$917,226
D	0	$0	10	$644,057	14	$839,481	24	$1,483,538
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	94.97%	$11,784,598	94.24%	$103,947,872	89.05%	$180,910,991	91.04%	$296,643,461
Delinquency Status
CURRENT	7	$624,802	63	$5,228,362	247	$18,405,026	317	$24,258,190
30-59	0	$0	1	$34,156	1	$95,799	2	$129,955
60-89	0	$0	2	$113,553	7	$513,298	9	$626,851
90-119	0	$0	1	$125,011	5	$199,033	6	$324,044
120-179	0	$0	0	$0	7	$876,572	7	$876,572
180-269	0	$0	1	$37,732	5	$324,816	6	$362,548
270-359	0	$0	0	$0	4	$281,165	4	$281,165
360+	0	$0	6	$668,029	12	$1,097,837	18	$1,765,866
REO	0	$0	2	$142,569	6	$441,745	8	$584,314
90+REO	-	$0	10	$973,341	39	$3,221,168	49	$4,194,509
Loss To Date
% to Original Pool Balance	1.14%	$141,392	7.85%	$8,653,039	4.97%	$10,104,367	5.80%	$18,898,798
Severity	32.33%		52.94%		48.21%		50.07%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	-0.09%	($5,745)	5.44%	$2,921,694	3.42%	$4,375,996	3.87%	$7,291,945
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	8.74%	$3,483,244	4.71%	$4,415,726	5.77%	$7,943,642
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%	26.30%	8.80%	19.80%	9.00%	15.40%	8.00%	14.90%
C- , D, NON	0.00%	0.00%	100.00%	11.50%	88.90%	23.10%	89.30%	18.40%
2-4, LOW, NIV	0.00%	0.00%	9.80%	42.40%	0.00%	32.00%	3.90%	37.80%
As of: May 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	$366,785	143	$11,350,791	109	$7,319,605	260	$19,037,181
LTV/WAC	70.91%	11.66%	73.86%	10.13%	76.33%	10.20%	74.75%	10.19%
A/A-	2	$64,822	50	$4,323,525	51	$3,733,496	103	$8,121,843
B	3	$131,977	51	$4,298,026	32	$2,343,946	86	$6,773,949
C	1	$54,468	14	$782,701	11	$528,838	26	$1,366,008
C-	1	$83,606	6	$672,065	3	$163,774	10	$919,445
D	1	$31,912	22	$1,274,473	12	$549,552	35	$1,855,937
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	96.15%	$9,157,015	94.52%	$195,967,973	92.14%	$85,848,338	93.86%	$290,973,326
Delinquency Status
CURRENT	6	$251,267	118	$9,327,122	89	$5,861,200	213	$15,439,589
30-59	0	$0	0	$0	3	$167,720	3	$167,720
60-89	1	$83,606	1	$52,034	2	$146,044	4	$281,684
90-119	0	$0	5	$353,565	2	$134,168	7	$487,733
120-179	0	$0	3	$237,857	4	$465,998	7	$703,855
180-269	1	$31,912	2	$268,627	3	$132,829	6	$433,368
270-359	0	$0	5	$466,734	2	$171,286	7	$638,020
360+	0	$0	6	$405,483	4	$240,359	10	$645,842
REO	0	$0	3	$239,369	0	$0	3	$239,369
90+REO	1	$31,912	24	$1,971,635	15	$1,144,640	40	$3,148,187
Loss To Date
% to Original Pool Balance	0.97%	$92,209	4.09%	$8,472,651	5.63%	$5,242,242	4.45%	$13,807,102
Severity	48.97%		46.42%		52.11%		48.45%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.91%	$47,344	1.97%	$1,970,708	3.43%	$1,539,148	2.37%	$3,557,200
B	0.00%	$0	4.43%	$2,567,426	5.02%	$1,354,420	4.48%	$3,921,846
C	0.00%	$0	6.59%	$1,573,787	9.47%	$836,023	7.14%	$2,409,810
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	17.11%	$801,403	11.94%	$1,821,727
NIV	3.87%	$44,864	5.05%	$2,949,722	4.14%	$1,394,296	4.71%	$4,388,882
Non-Owner	0.00%	$0	30.12%	$887,742	10.21%	$806,862	15.22%	$1,694,604
90+ & REO as % Rem
A/A- , B, C	0.00%	0.00%	15.60%	11.80%	9.70%	23.00%	14.20%	14.90%
C- , D, NON	0.00%	100.00%	15.70%	40.80%	0.00%	28.30%	11.50%	38.10%
2-4, LOW, NIV	0.00%	0.00%	0.00%	20.60%	0.00%	0.00%	0.00%	11.40%
As of: May 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	10	$727,779	198	$16,800,741	132	$8,174,457	340	$25,702,977
LTV/WAC	72.38%	11.06%	71.19%	10.81%	72.88%	10.64%	71.76%	10.76%
A/A-	3	$293,231	62	$5,469,210	53	$3,705,619	118	$9,468,060
B	3	$261,482	59	$5,221,174	30	$1,906,297	92	$7,388,953
C	0	$0	32	$1,859,524	20	$1,371,915	52	$3,231,439
C-	0	$0	8	$1,077,224	8	$351,731	16	$1,428,954
D	4	$173,066	37	$3,173,610	21	$838,895	62	$4,185,571
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	93.76%	$10,928,621	93.67%	$248,624,778	94.25%	$133,870,196	93.87%	$393,423,595
Delinquency Status
CURRENT	7	$601,628	137	$10,381,386	80	$4,648,861	224	$15,631,875
30-59	0	$0	6	$582,161	5	$308,873	11	$891,034
60-89	0	$0	4	$403,307	4	$316,807	8	$720,114
90-119	0	$0	2	$194,068	5	$222,000	7	$416,068
120-179	1	$20,599	4	$292,998	3	$241,450	8	$555,047
180-269	0	$0	5	$394,441	6	$422,009	11	$816,450
270-359	0	$0	4	$334,450	4	$155,765	8	$490,215
360+	2	$105,551	29	$2,883,002	19	$1,603,900	50	$4,592,453
REO	0	$0	7	$1,334,927	6	$254,792	13	$1,589,719
90+REO	3	$126,150	51	$5,433,886	43	$2,899,916	97	$8,459,952
Loss To Date
% to Original Pool Balance	2.41%	$280,862	5.17%	$13,725,393	5.56%	$7,899,711	5.23%	$21,905,966
Severity	36.67%		44.91%		49.92%		46.45%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.12%	$6,254	2.56%	$2,686,252	3.44%	$2,320,073	2.83%	$5,012,579
B	4.49%	$174,483	4.27%	$3,329,877	5.27%	$2,164,244	4.61%	$5,668,604
C	2.43%	$40,067	5.99%	$1,950,053	9.29%	$1,471,135	6.92%	$3,461,255
C-	0.00%	$0	4.62%	$573,331	8.78%	$447,532	5.82%	$1,020,863
D	6.26%	$60,058	13.81%	$5,185,880	11.91%	$1,496,726	13.20%	$6,742,664
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	4.26%	$1,260,461	7.45%	$665,087	4.98%	$1,985,606
2-4 Unit	0.00%	$0	15.26%	$2,295,381	5.11%	$398,285	11.58%	$2,693,666
NIV	15.02%	$143,853	6.12%	$6,169,407	4.93%	$3,339,383	5.70%	$9,652,643
Non-Owner	0.00%	$0	30.03%	$1,988,033	13.27%	$1,927,308	17.87%	$3,915,341
90+ & REO as % Rem
A/A- , B, C	7.10%	0.00%	18.50%	27.90%	31.00%	28.90%	20.20%	29.00%
C- , D, NON	0.00%	60.80%	8.90%	67.60%	80.50%	53.60%	22.10%	65.00%
2-4, LOW, NIV	0.00%	60.80%	5.70%	48.50%	21.80%	44.70%	9.10%	48.90%
As of: May 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	$364,880	137	$10,748,714	91	$6,813,641	233	$17,927,235
LTV/WAC	65.58%	11.70%	67.29%	11.65%	72.78%	10.50%	69.34%	11.21%
A/A-	0	$0	25	$1,951,233	26	$2,476,847	51	$4,428,080
B	2	$146,483	19	$1,916,633	28	$2,102,885	49	$4,166,001
C	2	$108,582	26	$2,006,103	18	$1,142,273	46	$3,256,958
C-	0	$0	14	$695,343	3	$194,795	17	$890,138
D	1	$109,815	53	$4,179,402	16	$896,841	70	$5,186,058
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	93.43%	$5,190,620	94.96%	$202,376,845	95.17%	$134,343,707	95.02%	$341,911,172
Delinquency Status
CURRENT	4	$255,065	75	$5,710,707	59	$4,123,785	138	$10,089,557
30-59	0	$0	5	$542,653	2	$145,537	7	$688,190
60-89	0	$0	2	$206,736	3	$146,483	5	$353,219
90-119	0	$0	2	$158,897	3	$204,368	5	$363,265
120-179	0	$0	3	$280,776	0	$0	3	$280,776
180-269	0	$0	8	$513,011	3	$258,020	11	$771,031
270-359	1	$109,815	11	$661,915	3	$236,160	15	$1,007,890
360+	0	$0	26	$2,338,179	17	$1,352,578	43	$3,690,757
REO	0	$0	5	$335,840	1	$346,709	6	$682,549
90+REO	1	$109,815	55	$4,288,618	27	$2,397,835	83	$6,796,268
Loss To Date
% to Original Pool Balance	2.30%	$127,818	6.33%	$13,495,984	4.87%	$6,880,129	5.70%	$20,503,931
Severity	44.80%		44.74%		47.76%		45.71%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.00%	$0	2.99%	$1,768,359	2.52%	$1,657,151	2.70%	$3,425,510
B	1.58%	$22,168	3.23%	$1,429,695	5.15%	$2,185,074	4.13%	$3,636,937
C	-0.02%	($177)	7.75%	$2,545,396	10.48%	$1,805,097	8.56%	$4,350,316
C-	11.85%	$74,647	5.98%	$1,090,698	4.21%	$212,626	5.76%	$1,377,971
D	4.09%	$31,181	11.37%	$6,661,836	9.53%	$1,020,180	11.01%	$7,713,197
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	6.93%	$7,149,872	4.74%	$3,177,695	6.02%	$10,327,567
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%	7.80%	22.90%	33.80%	16.70%	23.90%	20.40%
C- , D, NON	0.00%	100.00%	37.70%	61.70%	0.00%	29.10%	29.50%	60.10%
2-4, LOW, NIV	0.00%	100.00%	16.30%	22.10%	0.00%	33.50%	10.50%	28.10%
As of: May 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	$299,185	100	$8,544,070	81	$5,242,531	187	$14,085,786
LTV/WAC	63.45%	12.00%	68.18%	11.34%	70.24%	10.06%	68.85%	10.87%
A/A-	3	$195,810	18	$1,705,850	35	$2,305,172	56	$4,206,833
B	0	$0	11	$1,062,526	24	$1,732,604	35	$2,795,131
C	0	$0	17	$1,625,892	18	$974,605	35	$2,600,497
C-	1	$47,952	15	$1,443,740	1	$58,650	17	$1,550,341
D	2	$55,423	39	$2,706,062	3	$171,500	44	$2,932,984
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	94.90%	$5,563,715	95.58%	$184,674,758	96.57%	$147,511,948	96.00%	$337,750,421
Delinquency Status
CURRENT	6	$299,185	61	$5,028,354	62	$4,072,400	129	$9,399,939
30-59	0	$0	3	$321,897	2	$157,789	5	$479,686
60-89	0	$0	1	$166,242	2	$104,574	3	$270,816
90-119	0	$0	4	$307,581	1	$22,456	5	$330,037
120-179	0	$0	2	$277,471	0	$0	2	$277,471
180-269	0	$0	3	$210,705	2	$83,662	5	$294,367
270-359	0	$0	4	$394,780	0	$0	4	$394,780
360+	0	$0	18	$1,595,303	7	$490,326	25	$2,085,629
REO	0	$0	4	$241,736	5	$311,323	9	$553,059
90+REO	-	$0	35	$3,027,576	15	$907,767	50	$3,935,343
Loss To Date
% to Original Pool Balance	2.17%	$127,310	7.08%	$13,682,341	5.35%	$8,171,117	6.25%	$21,980,768
Severity	36.05%		49.80%		49.15%		49.45%
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	3.87%	$1,773,226	3.64%	$2,844,275
C	9.88%	$89,742	4.47%	$1,159,993	11.05%	$3,326,200	8.04%	$4,575,935
C-	0.15%	$1,022	6.11%	$1,655,934	24.36%	$80,699	6.19%	$1,737,655
D	0.00%	$0	13.27%	$8,698,314	17.42%	$364,248	13.13%	$9,062,562
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	8.09%	$8,780,676	2.31%	$902,209	6.50%	$9,725,258
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%	28.30%	26.70%	5.90%	18.70%	14.70%	23.30%
C- , D, NON	0.00%	0.00%	14.60%	66.50%	0.00%	100.00%	18.70%	67.30%
2-4, LOW, NIV	0.00%	0.00%	19.50%	26.80%	0.00%	0.00%	12.70%	23.00%
As of: May 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	$95,214	106	$7,342,709	0	$0	108	$7,437,923
LTV/WAC	67.43%	12.72%	64.12%	12.01%	0.00%	0.00%	64.16%	12.02%
A/A-	0	$0	12	$849,802	0	$0	12	$849,802
B	0	$0	7	$639,886	0	$0	7	$639,886
C	1	$37,400	14	$635,831	0	$0	15	$673,230
C-	1	$57,815	14	$804,974	0	$0	15	$862,788
D	0	$0	59	$4,412,217	0	$0	59	$4,412,217
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	97.26%	$3,383,386	95.91%	$172,208,521	0.00%	$0	95.94%	$175,591,907
Delinquency Status
CURRENT	0	$0	64	$4,110,524	0	$0	64	$4,110,524
30-59	0	$0	2	$77,307	0	$0	2	$77,307
60-89	0	$0	1	$52,675	0	$0	1	$52,675
90-119	0	$0	2	$101,428	0	$0	2	$101,428
120-179	0	$0	1	$65,189	0	$0	1	$65,189
180-269	0	$0	4	$330,107	0	$0	4	$330,107
270-359	0	$0	1	$82,491	0	$0	1	$82,491
360+	2	$95,214	28	$2,376,747	0	$0	30	$2,471,961
REO	0	$0	3	$146,241	0	$0	3	$146,241
90+REO	2	$95,214	39	$3,102,203	-	$0	41	$3,197,417
Loss To Date
% to Original Pool Balance	1.98%	$68,915	5.93%	$10,651,630	0.00%	$0	5.86%	$10,720,545
Severity	51.24%		45.74%		0.00%		45.77%
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	5.81%	$1,128,985	0.00%	$0	5.78%	$1,128,985
D	7.35%	$68,915	8.63%	$5,990,813	0.00%	$0	8.61%	$6,059,728
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	5.90%	$5,251,076	0.00%	$0	5.85%	$5,251,076
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%	15.90%	17.10%	0.00%	0.00%	15.90%	9.70%
C- , D, NON	100.00%	0.00%	26.10%	53.60%	0.00%	0.00%	31.10%	55.60%
2-4, LOW, NIV	100.00%	100.00%	13.10%	80.00%	0.00%	0.00%	18.80%	82.20%
As of: May 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	$84,548	52	$4,278,755	0	$0	54	$4,363,303
LTV/WAC	63.71%	11.33%	65.83%	11.42%	0.00%	0.00%	65.79%	11.41%
A/A-	1	$60,378	8	$675,425	0	$0	9	$735,802
B	0	$0	9	$794,200	0	$0	9	$794,200
C	0	$0	5	$583,413	0	$0	5	$583,413
C-	0	$0	10	$858,934	0	$0	10	$858,934
D	1	$24,171	20	$1,366,784	0	$0	21	$1,390,954
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	96.56%	$2,376,452	95.68%	$94,785,485	0.00%	$0	95.70%	$97,161,937
Delinquency Status
CURRENT	1	$60,378	40	$2,810,007	0	$0	41	$2,870,385
30-59	0	$0	1	$49,275	0	$0	1	$49,275
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	2	$167,517	0	$0	2	$167,517
270-359	0	$0	2	$264,841	0	$0	2	$264,841
360+	1	$24,171	5	$744,497	0	$0	6	$768,668
REO	0	$0	2	$242,619	0	$0	2	$242,619
90+REO	1	$24,171	11	$1,419,474	-	$0	12	$1,443,645
Loss To Date
% to Original Pool Balance	3.85%	$94,676	7.62%	$7,546,366	0.00%	$0	7.53%	$7,641,042
Severity	67.29%		48.08%		0.00%		48.25%
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	13.73%	$4,669,851	0.00%	$0	13.53%	$4,682,177
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	9.50%	$5,382,446	0.00%	$0	9.45%	$5,414,057
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%	57.10%	0.00%	0.00%	22.80%	65.00%
2-4, LOW, NIV	0.00%	100.00%	59.10%	39.10%	0.00%	0.00%	59.10%	44.80%
As of: May 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	3	$282,349	33	$2,730,918	0	$0	36	$3,013,267
LTV/WAC	69.54%	11.73%	68.18%	10.83%	0.00%	0.00%	68.30%	10.92%
A/A-	0	$0	7	$776,256	0	$0	7	$776,256
B	2	$195,223	6	$507,359	0	$0	8	$702,582
C	0	$0	7	$659,207	0	$0	7	$659,207
C-	1	$87,126	4	$194,874	0	$0	5	$282,000
D	0	$0	9	$593,222	0	$0	9	$593,222
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	88.75%	$2,227,551	96.31%	$71,322,423	0.00%	$0	96.06%	$73,549,974
Delinquency Status
CURRENT	2	$208,723	28	$2,356,228	0	$0	30	$2,564,951
30-59	0	$0	1	$74,817	0	$0	1	$74,817
60-89	0	$0	1	$57,323	0	$0	1	$57,323
90-119	0	$0	0	$0	0	$0	0	$0
120-179	1	$73,626	0	$0	0	$0	1	$73,626
180-269	0	$0	1	$61,375	0	$0	1	$61,375
270-359	0	$0	0	$0	0	$0	0	$0
360+	0	$0	2	$181,176	0	$0	2	$181,176
REO	0	$0	0	$0	0	$0	0	$0
90+REO	1	$73,626	3	$242,551	-	$0	4	$316,177
Loss To Date
% to Original Pool Balance	3.68%	$92,348	7.70%	$5,698,939	0.00%	$0	7.56%	$5,791,287
Severity	85.91%		44.17%		0.00%		44.52%
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	12.06%	$2,080,171	0.00%	$0	12.16%	$2,129,669
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	8.13%	$931,423	0.00%	$0	8.48%	$1,023,771
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	30.97%	$722,559	0.00%	$0	30.97%	$722,559
90+ & REO as % Rem
A/A- , B, C	0.00%	37.70%	7.90%	0.00%	0.00%	0.00%	7.90%	10.50%
C- , D, NON	0.00%	0.00%	0.00%	30.50%	0.00%	0.00%	0.00%	30.50%
2-4, LOW, NIV	37.70%	0.00%	0.00%	0.00%	0.00%	0.00%	22.80%	0.00%
As of: May 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	$304,733	32	$2,600,583	0	$0	37	$2,905,315
LTV/WAC	63.57%	11.73%	67.92%	11.10%	0.00%	0.00%	67.46%	11.17%
A/A-	3	$226,335	8	$631,089	0	$0	11	$857,424
B	0	$0	7	$747,005	0	$0	7	$747,005
C	1	$24,556	3	$122,574	0	$0	4	$147,130
C-	0	$0	6	$519,229	0	$0	6	$519,229
D	1	$53,841	8	$580,686	0	$0	9	$634,527
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	93.45%	$4,349,367	96.19%	$65,674,447	0.00%	$0	96.02%	$70,023,814
Delinquency Status
CURRENT	5	$304,733	28	$2,165,528	0	$0	33	$2,470,261
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	$70,991	0	$0	1	$70,991
120-179	0	$0	0	$0	0	$0	0	$0
180-269	0	$0	1	$28,678	0	$0	1	$28,678
270-359	0	$0	0	$0	0	$0	0	$0
360+	0	$0	2	$335,385	0	$0	2	$335,385
REO	0	$0	0	$0	0	$0	0	$0
90+REO	-	$0	4	$435,054	-	$0	4	$435,054
Loss To Date
% to Original Pool Balance	0.95%	$44,072	8.77%	$5,989,364	0.00%	$0	8.27%	$6,033,436
Severity	20.77%		44.83%		0.00%		44.45%
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	12.79%	$2,491,912	0.00%	$0	12.58%	$2,501,121
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	14.67%	$1,302,282	0.00%	$0	14.09%	$1,311,491
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%	62.70%	0.00%	0.00%	13.70%	57.40%
2-4, LOW, NIV	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
As of: May 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	3	$172,888	29	$2,304,736	0	$0	32	$2,477,624
LTV/WAC	59.39%	11.92%	67.62%	10.75%	0.00%	0.00%	67.05%	10.83%
A/A-	1	$49,833	6	$515,437	0	$0	7	$565,270
B	1	$56,455	5	$464,168	0	$0	6	$520,623
C	0	$0	6	$534,472	0	$0	6	$534,472
C-	1	$66,600	8	$553,232	0	$0	9	$619,832
D	0	$0	4	$237,428	0	$0	4	$237,428
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	96.15%	$4,322,812	95.86%	$53,321,364	0.00%	$0	95.88%	$57,644,176
Delinquency Status
CURRENT	3	$172,888	22	$1,769,195	0	$0	25	$1,942,083
30-59	0	$0	0	$0	0	$0	0	$0
60-89	0	$0	2	$109,573	0	$0	2	$109,573
90-119	0	$0	0	$0	0	$0	0	$0
120-179	0	$0	2	$193,013	0	$0	2	$193,013
180-269	0	$0	0	$0	0	$0	0	$0
270-359	0	$0	1	$83,009	0	$0	1	$83,009
360+	0	$0	2	$149,946	0	$0	2	$149,946
REO	0	$0	0	$0	0	$0	0	$0
90+REO	-	$0	5	$425,968	-	$0	5	$425,968
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%	13.40%	17.90%	0.00%	0.00%	0.00%	15.90%
C- , D, NON	0.00%	0.00%	27.10%	19.10%	0.00%	0.00%	24.20%	19.10%
2-4, LOW, NIV	0.00%	0.00%	33.10%	24.20%	0.00%	0.00%	0.00%	24.20%
As of: May 2003