May 2003 Fixed Rate Loans

EX-99 4 may03fixed.htm EXHIBIT 99.2 FIXED RATE LOANS May 2003 Fixed Rate Loans

Collateral Performance by
Origination Channel/Credit Grade
Aames Mortgage Trust, Series 2002-2
Fixed Rate Loans
	Retail		Correspondent		Broker		NLC		Total
Category	#	$	#	$	#	$	#	$	#	$
Original	1152	$120,461,307	0	$0	648	$107,255,771	523	$60,282,656	2323	$287,999,734
LTV/WAC	76.39%	7.90%	0.00%	0.00%	78.22%	7.72%	74.86%	7.34%	76.75%	7.72%
NON/2-4	4.95%	6.66%	0.00%	0.00%	6.52%	6.82%	11.18%	7.76%	6.84%	6.95%
Low/NIV	0.69%	8.83%	0.00%	0.00%	3.10%	31.30%	1.11%	17.87%	1.67%	19.09%
A/A-	834	$98,647,771	0	$0	561	$94,643,376	427	$50,356,174	1822	$243,647,321
B	175	$13,666,645	0	$0	71	$10,010,670	55	$5,716,741	301	$29,394,056
C	73	$4,562,751	0	$0	11	$1,594,650	18	$1,872,208	102	$8,029,609
C-	10	$550,790	0	$0	5	$1,007,075	20	$2,170,584	35	$3,728,449
D	60	$3,033,350	0	$0	0	$0	3	$166,949	63	$3,200,299
Remaining	1100	$113,420,132	0	$0	624	$102,536,564	515	$58,837,419	2,239	$274,794,115
LTV/WAC	76.83%	7.86%	0.00%	0.00%	78.17%	7.71%	74.73%	7.33%	76.88%	7.69%
A/A-	807	$93,892,174	0	$0	542	$90,616,664	421	$49,195,254	1770	$233,704,092
B	166	$12,925,365	0	$0	68	$9,600,724	54	$5,514,410	288	$28,040,499
C	69	$4,118,808	0	$0	9	$1,319,541	17	$1,807,328	95	$7,245,676
C-	10	$403,744	0	$0	5	$999,635	20	$2,154,006	35	$3,557,385
D	48	$2,080,042	0	$0	0	$0	3	$166,421	51	$2,246,463
Paid Off	4.57%	$5,509,725	0.00%	$0	3.82%	$4,100,050	1.53%	$921,300	3.66%	$10,531,075
Status
CURRENT	1059	$110,429,040	0	$0	605	$100,143,772	506	$57,871,283	2170	$268,444,096
30-59	22	$1,749,053	0	$0	8	$974,559	5	$732,443	35	$3,456,056
60-89	8	$515,570	0	$0	2	$325,242	2	$94,784	12	$935,596
90-119	4	$356,452	0	$0	5	$570,382	1	$47,012	10	$973,846
120-219	4	$253,854	0	$0	4	$522,608	1	$91,896	9	$868,358
180-269	3	$116,163	0	$0	0	$0	0	$0	3	$116,163
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	11	$726,469	0	$0	9	$1,092,991	2	$138,908	22	$1,958,367
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	0.10%	1.70%	0.00%	0.00%	0.97%	1.60%	0.10%	1.67%	0.44%	1.66%
C- , D, NON	0.00%	4.89%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	4.52%
2-4, LOW , NIV	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
As of: May 2003

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	903	$64,312,416	0	$0	284	$32,010,767	239	$20,319,321	1,426	$116,642,503
LTV/WAC	73.84%	9.49%	0.00%	0.00%	73.55%	9.20%	75.76%	9.07%	74.09%	9.34%
A/A-	456	$37,214,960	0	$0	194	$22,762,437	145	$12,744,508	795	$72,721,905
B	253	$17,026,995	0	$0	65	$6,503,415	61	$4,762,201	379	$28,292,611
C	149	$8,152,241	0	$0	17	$1,910,918	22	$1,772,296	188	$11,835,454
C-	5	$194,209	0	$0	7	$759,999	11	$1,040,316	23	$1,994,523
D	40	$1,724,012	0	$0	1	$73,998	0	$0	41	$1,798,010
Paid Off	23.44%	$20,072,608	0.00%	$0	30.31%	$14,092,402	21.76%	$5,739,850	25.17%	$39,904,860
Status
CURRENT	811	$59,170,406	0	$0	262	$30,623,828	221	$18,954,501	1294	$108,748,735
30-59	20	$1,036,663	0	$0	8	$641,680	2	$150,842	30	$1,829,185
60-89	12	$647,079	0	$0	2	$111,390	4	$229,284	18	$987,753
90-119	8	$880,994	0	$0	3	$116,572	1	$116,971	12	$1,114,538
120-219	11	$588,207	0	$0	2	$119,698	2	$89,318	15	$797,224
180-269	15	$712,230	0	$0	5	$342,496	4	$278,870	24	$1,333,596
270-359	10	$490,118	0	$0	1	$29,131	2	$111,781	13	$631,030
360+	7	$359,576	0	$0	0	$0	0	$0	7	$359,576
REO	9	$427,142	0	$0	1	$25,971	3	$387,753	13	$840,867
90+REO	60	$3,458,268	-	$0	12	$633,869	12	$984,693	84	$5,076,830
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	2.72%	7.66%	0.00%	0.00%	1.77%	2.53%	2.17%	7.35%	2.33%	6.43%
C- , D, NON	0.00%	31.69%	0.00%	0.00%	3.45%	0.00%	22.76%	0.00%	13.19%	30.38%
2-4, LOW , NIV	7.46%	0.00%	0.00%	0.00%	0.74%	0.00%	29.60%	0.00%	7.23%	0.00%
As of: May 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	1099	$81,778,071	0	$0	269	$31,481,062	191	$18,795,452	1,559	$132,054,585
LTV/WAC	75.31%	9.36%	0.00%	0.00%	75.63%	8.99%	79.33%	8.87%	75.96%	9.20%
A/A-	598	$50,895,114	0	$0	178	$22,564,598	130	$12,975,253	906	$86,434,965
B	299	$20,075,813	0	$0	63	$6,287,499	35	$3,419,438	397	$29,782,750
C	163	$9,098,205	0	$0	21	$1,730,368	11	$855,477	195	$11,684,049
C-	8	$501,027	0	$0	6	$859,685	14	$1,486,182	28	$2,846,893
D	31	$1,207,912	0	$0	1	$38,912	1	$59,103	33	$1,305,926
Paid Off	37.94%	$51,004,554	0.00%	$0	43.63%	$24,672,631	29.35%	$7,953,580	38.35%	$83,630,765
Status
CURRENT	925	$69,060,641	0	$0	240	$28,051,473	176	$17,407,023	1341	$114,519,137
30-59	58	$4,371,472	0	$0	14	$1,526,536	9	$865,525	81	$6,763,533
60-89	18	$1,407,294	0	$0	0	$0	2	$169,896	20	$1,577,190
90-119	10	$656,722	0	$0	2	$535,496	0	$0	12	$1,192,218
120-219	16	$1,184,769	0	$0	3	$415,522	4	$353,009	23	$1,953,300
180-269	21	$1,955,657	0	$0	3	$203,981	0	$0	24	$2,159,638
270-359	18	$1,149,516	0	$0	3	$234,526	0	$0	21	$1,384,041
360+	10	$754,432	0	$0	0	$0	0	$0	10	$754,432
REO	23	$1,237,568	0	$0	4	$513,529	0	$0	27	$1,751,097
90+REO	98	$6,938,664	-	$0	15	$1,903,053	4	$353,009	117	$9,194,725
Loss To Date
% to Original	0.12%	$158,051	0.00%	$0	0.06%	$33,254	0.19%	$51,228	0.11%	$242,533
Severity	18.59%		0.00%		66.62%		57.25%		24.51%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	0.11%	$87,219	0.00%	$0	0.08%	$33,254	0.00%	$0	0.09%	$120,472
B	-0.04%	($11,294)	0.00%	$0	0.00%	$0	0.89%	$51,228	0.08%	$39,934
C	0.49%	$82,127	0.00%	$0	0.00%	$0	0.00%	$0	2.88%	$82,127
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	-0.08%	($11,294)	0.00%	$0	0.27%	$33,254	0.00%	$0	0.07%	$21,960
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	4.23%	12.79%	0.00%	0.00%	7.37%	3.07%	1.64%	1.97%	4.66%	9.50%
C- , D, NON	18.03%	13.85%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.17%	12.81%
2-4, LOW , NIV	7.43%	0.00%	0.00%	0.00%	9.33%	0.00%	0.00%	0.00%	6.75%	0.00%
As of: May 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	582	17937289
C-	44	$2,261,115	0	$0	3	$148,250	11	$1,111,500	421	3520865
D	38	$2,382,560	0	$0	3	$91,750	5	$390,700	182	$2,865,010
Remaining	874	$61,896,928	0	$0	204	$19,422,292	161	$12,922,607	1239	$94,241,827
LTV/WAC	75.54%	10.09%	0.00%	0.00%	73.16%	9.73%	77.24%	9.74%	75.29%	9.97%
A/A-	377	$30,383,868	0	$0	124	$14,524,257	81	$6,492,782	582	$51,400,907
B	307	$21,908,339	0	$0	55	$3,711,576	59	$4,723,598	421	$30,343,512
C	147	$7,374,646	0	$0	22	$1,053,469	13	$996,006	182	$9,424,121
C-	24	$1,140,758	0	$0	2	$107,056	5	$511,512	31	$1,759,325
D	19	$1,089,317	0	$0	1	$25,934	3	$198,710	23	$1,313,961
Paid Off	43.32%	$48,225,721	100.00%	$279,500	49.86%	$19,595,177	35.26%	$7,176,940	43.96%	$75,277,338
Status
CURRENT	683	$49,589,713	0	$0	168	$17,344,756	138	$10,984,923	989	$77,919,392
30-59	39	$2,320,005	0	$0	7	$428,986	5	$431,407	51	$3,180,398
60-89	14	$858,423	0	$0	4	$302,279	3	$231,387	21	$1,392,090
90-119	16	$1,079,914	0	$0	2	$81,528	3	$207,628	21	$1,369,069
220-229	18	$1,219,106	0	$0	2	$112,554	3	$269,025	23	$1,600,685
180-269	26	$1,666,093	0	$0	5	$308,106	1	$48,856	32	$2,023,055
270-359	21	$1,294,968	0	$0	3	$91,778	1	$65,086	25	$1,451,832
360+	32	$2,309,784	0	$0	9	$489,200	6	$476,560	47	$3,275,544
REO	25	$1,558,920	0	$0	4	$263,105	1	$207,736	30	$2,029,761
90+REO	138	$9,128,786	-	$0	25	$1,346,271	15	$1,274,890	178	$11,749,947
Loss To Date
% to Original	1.04%	$1,159,015	0.00%	$0	0.61%	$241,164	0.17%	$34,120	0.84%	$1,434,299
Severity	52.69%		0.00%		96.22%		15.25%		53.64%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	0.54%	$308,127	0.00%	$0	0.42%	$125,199	0.00%	$0	0.45%	$433,325
B	1.10%	$396,503	0.00%	$0	1.64%	$115,966	0.00%	$0	1.03%	$512,469
C	2.26%	$312,711	0.00%	$0	0.00%	$0	0.00%	$0	1.74%	$312,711
C-	0.51%	$11,600	0.00%	$0	0.00%	$0	3.07%	$34,120	1.30%	$45,720
D	5.46%	$130,074	0.00%	$0	0.00%	$0	0.00%	$0	4.54%	$130,074
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	1.87%	$153,417	0.00%	$0	1.49%	$49,209	0.00%	$34,120	1.82%	$236,746
NIV	0.00%	$403,486	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$403,486
Non-Owner	3.86%	$303,249	0.00%	$0	2.19%	$49,209	0.00%	$0	3.15%	$352,458
90+ & REO
A/A-, B , C	9.08%	16.12%	0.00%	0.00%	5.45%	5.70%	2.73%	16.87%	7.26%	14.96%
C- , D, NON	15.62%	26.70%	0.00%	0.00%	0.00%	100.00%	21.79%	21.47%	16.46%	27.36%
2-4, LOW , NIV	17.00%	39.03%	0.00%	0.00%	10.71%	30.15%	34.57%	13.27%	17.82%	35.54%
As of: May 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	753	$49,849,587	0	$0	170	$15,665,552	102	$8,287,676	1025	$73,802,815
LTV/WAC	75.42%	10.41%	0.00%	0.00%	72.90%	10.03%	80.31%	9.96%	75.43%	10.28%
A/A-	325	$24,913,691	0	$0	100	$10,829,349	57	$4,566,362	482	$40,309,402
B	251	$16,655,791	0	$0	47	$3,412,114	31	$2,632,599	329	$22,700,505
C	134	$6,201,478	0	$0	18	$1,203,972	11	$798,745	163	$8,204,194
C-	19	$999,139	0	$0	2	$85,949	3	$289,970	24	$1,375,058
D	24	$1,079,488	0	$0	3	$134,168	0	$0	27	$1,213,655
Paid Off	44.96%	$41,580,497	100.00%	$203,050	44.63%	$12,880,251	39.09%	$5,474,150	44.36%	$60,137,948
Status
CURRENT	556	$36,780,059	0	$0	132	$12,377,704	85	$6,925,337	773	$56,083,101
30-59	32	$2,782,400	0	$0	10	$846,418	7	$721,686	49	$4,350,503
60-89	11	$616,395	0	$0	1	$30,201	3	$145,841	15	$792,438
90-119	9	$823,487	0	$0	1	$123,025	2	$125,879	12	$1,072,391
170-179	12	$718,985	0	$0	2	$145,850	1	$43,767	15	$908,602
180-269	31	$2,329,249	0	$0	4	$220,153	1	$45,093	36	$2,594,495
270-359	17	$974,274	0	$0	2	$81,052	1	$86,761	20	$1,142,086
360+	54	$3,220,853	0	$0	7	$479,737	1	$133,560	62	$3,834,150
REO	31	$1,603,886	0	$0	11	$1,361,413	1	$59,751	43	$3,025,050
90+REO	154	$9,670,733	-	$0	27	$2,411,229	7	$494,811	188	$12,576,774
Loss To Date
% to Original	1.42%	$1,316,812	0.00%	$0	1.31%	$376,616	0.11%	$15,247	1.26%	$1,708,675
Severity	62.32%		0.00%		57.62%		7.92%		57.74%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	0.80%	$361,859	0.00%	$0	0.56%	$108,753	0.00%	$0	0.66%	$470,612
B	1.01%	$320,909	0.00%	$0	2.35%	$160,484	0.32%	$15,247	1.14%	$496,641
C	4.25%	$502,996	0.00%	$0	4.83%	$107,378	0.00%	$0	3.91%	$610,374
C-	5.27%	$109,088	0.00%	$0	0.00%	$0	0.00%	$0	4.02%	$109,088
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%	$146,048	0.00%	$0	0.00%	$0	0.00%	$0	0.00%	$146,048
2-4 Unit	1.29%	$95,202	0.00%	$0	6.38%	$161,052	0.00%	$0	3.77%	$397,371
NIV	0.00%	$303,587	0.00%	$0	0.00%	$98,106	0.00%	$0	0.00%	$259,196
Non-Owner	3.03%	$259,196	0.00%	$0	0.00%	$0	0.00%	$0	2.36%	$259,196
90+ & REO
A/A-, B , C	10.85%	22.45%	0.00%	0.00%	15.12%	14.92%	1.02%	4.96%	10.88%	19.29%
C- , D, NON	50.76%	52.34%	0.00%	0.00%	0.00%	43.52%	20.61%	0.00%	41.23%	51.37%
2-4, LOW , NIV	17.89%	11.32%	0.00%	0.00%	30.37%	63.12%	0.00%	48.03%	20.25%	15.82%
As of: May 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	787	$49,885,110	1	$54,698	148	$10,054,665	78	$6,123,003	1014	$66,117,475
LTV/WAC	74.66%	10.70%	78.90%	12.05%	75.14%	11.46%	77.61%	11.07%	75.01%	10.85%
A/A-	288	$21,606,899	1	$54,698	83	$5,757,701	31	$2,494,753	403	$29,914,050
B	267	$16,947,049	0	$0	41	$3,093,048	25	$1,962,078	333	$22,002,175
C	168	$8,515,831	0	$0	18	$911,780	18	$1,290,253	204	$10,717,864
C-	42	$1,856,491	0	$0	4	$194,875	4	$375,919	50	$2,427,286
D	22	$958,840	0	$0	2	$97,262	0	$0	24	$1,056,101
Paid Off	50.81%	$52,815,854	91.14%	$567,519	49.74%	$10,141,139	50.05%	$6,259,875	50.77%	$69,784,387
Status
CURRENT	571	$35,857,779	1	$54,698	116	$7,954,729	58	$4,447,893	746	$48,315,099
30-59	42	$2,474,798	0	$0	5	$309,286	5	$352,787	52	$3,136,871
60-89	14	$793,987	0	$0	4	$310,306	3	$222,141	21	$1,326,434
90-119	11	$767,943	0	$0	2	$124,244	1	$119,149	14	$1,011,337
120-179	18	$1,460,989	0	$0	4	$237,877	0	$0	22	$1,698,866
180-269	21	$1,754,965	0	$0	5	$428,344	2	$127,022	28	$2,310,331
270-359	21	$1,107,793	0	$0	2	$121,733	1	$215,556	24	$1,445,082
360+	56	$3,358,717	0	$0	6	$367,033	5	$299,321	67	$4,025,070
REO	33	$2,308,139	0	$0	4	$201,113	3	$339,134	40	$2,848,386
90+REO	160	$10,758,546	-	$0	23	$1,480,343	12	$1,100,182	195	$13,339,072
Loss To Date
% to Original	2.33%	$2,419,522	0.00%	$0	2.57%	$523,911	1.82%	$227,104	2.31%	$3,170,537
Severity	66.71%		0.00%		95.04%		32.28%		64.95%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	1.45%	$652,529	0.00%	$0	1.88%	$238,331	0.95%	$56,551	1.48%	$947,411
B	1.23%	$442,696	0.00%	$0	2.34%	$124,005	4.96%	$170,553	1.65%	$737,254
C	5.29%	$877,488	0.00%	$0	8.33%	$161,575	0.00%	$0	5.02%	$1,039,062
C-	5.04%	$173,300	0.00%	$0	0.00%	$0	0.00%	$0	3.81%	$173,300
D	9.34%	$273,510	0.00%	$0	0.00%	$0	0.00%	$0	8.44%	$273,510
Loss by Characteristic	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
Low Doc	2.47%	$245,697	0.00%	$0	0.00%	$0	0.00%	$0	2.35%	$245,697
2-4 Unit	6.75%	$397,371	0.00%	$0	0.00%	$0	0.00%	$0	4.06%	$397,371
NIV	3.04%	$160,811	0.00%	$0	0.00%	$0	0.00%	$0	1.19%	$160,811
Non-Owner	7.65%	$526,344	0.00%	$0	3.95%	$77,407	7.98%	$160,042	7.01%	$763,793
90+ & REO
A/A-, B , C	16.65%	19.15%	0.00%	0.00%	9.99%	22.58%	0.00%	31.12%	13.95%	20.70%
C- , D, NON	29.21%	58.59%	0.00%	0.00%	51.90%	74.41%	89.41%	0.00%	40.35%	60.05%
2-4, LOW , NIV	19.80%	14.61%	0.00%	0.00%	0.00%	0.00%	19.52%	100.00%	13.60%	15.79%
As of: May 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	689	$44,271,154	9	$574,581	201	$13,444,414	80	$5,524,175	979	$63,814,325
LTV/WAC	73.19%	10.95%	69.01%	11.28%	73.71%	11.26%	75.85%	10.51%	73.49%	10.98%
A/A-	230	$17,210,768	4	$288,642	110	$8,509,777	43	$3,254,983	387	$29,264,169
B	253	$15,519,428	1	$82,563	53	$3,120,574	24	$1,593,509	331	$20,316,075
C	154	$8,631,853	1	$51,424	29	$1,431,584	9	$500,433	193	$10,615,293
C-	27	$1,674,777	1	$38,357	7	$311,823	4	$175,251	39	$2,200,208
D	25	$1,234,328	2	$113,595	2	$70,657	0	$0	29	$1,418,580
Paid Off	56.23%	$58,510,737	14.35%	$98,800	54.67%	$16,588,872	54.35%	$6,746,550	55.56%	$81,944,959
Status
CURRENT	496	$31,593,741	6	$422,629	159	$10,803,783	65	$4,424,616	726	$47,244,768
30-59	37	$2,105,293	0	$0	8	$774,176	1	$138,279	46	$3,017,749
60-89	18	$1,274,943	0	$0	3	$149,887	0	$0	21	$1,424,830
90-119	8	$475,141	0	$0	3	$174,636	4	$409,078	15	$1,058,855
120-179	14	$1,091,175	1	$81,855	4	$239,332	2	$122,454	21	$1,534,817
180-269	15	$1,161,110	0	$0	6	$229,955	0	$0	21	$1,391,065
270-359	22	$1,340,904	0	$0	1	$28,530	3	$220,292	26	$1,589,726
360+	56	$4,037,231	2	$70,097	13	$736,259	5	$209,456	76	$5,053,043
REO	23	$1,191,616	0	$0	4	$307,856	0	$0	27	$1,499,472
90+REO	138	$9,297,177	3	$151,952	31	$1,716,568	14	$961,281	186	$12,126,978
Loss To Date
% to Original	2.93%	$3,048,575	0.00%	$0	1.87%	$568,138	0.99%	$123,363	2.54%	$3,740,076
Severity	60.75%		0.00%		62.88%		70.91%		61.35%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	1.35%	$597,077	0.00%	$0	1.50%	$289,211	0.00%	$0	1.25%	$886,287
B	3.31%	$1,197,519	0.00%	$0	0.64%	$41,195	0.99%	$33,928	2.76%	$1,272,642
C	5.03%	$853,042	0.00%	$0	5.21%	$166,062	5.06%	$72,419	5.05%	$1,091,523
C-	4.21%	$163,642	0.00%	$0	-0.08%	($959)	4.36%	$17,016	3.23%	$179,698
D	8.76%	$237,297	0.00%	$0	33.64%	$72,629	0.00%	$0	10.20%	$309,926
Loss by Characteristic	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
Low Doc	2.17%	$271,428	0.00%	$0	0.00%	$0	0.00%	$0	1.93%	$271,428
2-4 Unit	16.23%	$862,553	0.00%	$0	0.00%	$0	0.00%	$0	10.37%	$862,553
NIV	3.99%	$201,667	0.00%	$0	1.57%	$108,235	0.00%	$0	2.30%	$309,903
Non-Owner	9.96%	$716,496	0.00%	$0	2.25%	$73,269	0.00%	$0	7.24%	$789,765
90+ & REO
A/A-, B , C	13.70%	21.90%	0.00%	0.00%	9.41%	23.85%	13.23%	22.20%	12.27%	22.13%
C- , D, NON	53.01%	33.74%	100.00%	100.00%	21.72%	0.00%	59.59%	0.00%	49.92%	37.37%
2-4, LOW , NIV	30.56%	13.97%	0.00%	0.00%	27.00%	20.00%	19.47%	12.62%	29.03%	14.06%
As of: May 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	908	$55,105,876	7	$447,096	362	$22,345,034	71	$4,664,291	1348	$82,562,296
LTV/WAC	73.15%	10.96%	78.04%	10.72%	73.99%	11.32%	69.38%	9.69%	73.19%	10.98%
A/A-	294	$20,654,120	3	$160,953	186	$12,856,150	45	$3,199,951	528	$36,871,174
B	321	$19,889,837	3	$256,678	89	$5,396,095	20	$1,007,323	433	$26,549,933
C	210	$10,666,429	1	$29,466	64	$3,093,850	6	$457,016	281	$14,246,760
C-	49	$1,975,372	0	$0	13	$523,995	0	$0	62	$2,499,368
D	34	$1,920,117	0	$0	10	$474,944	0	$0	44	$2,395,061
Paid Off	59.92%	$85,435,857	62.38%	$784,435	56.64%	$30,065,650	61.27%	$7,674,750	59.18%	$123,960,692
Status
CURRENT	681	$41,669,751	5	$296,355	272	$16,504,765	60	$4,059,758	1018	$62,530,629
30-59	46	$2,328,884	1	$73,108	10	$504,523	2	$136,564	59	$3,043,080
60-89	17	$1,180,647	0	$0	12	$1,145,616	0	$0	29	$2,326,262
90-119	13	$738,395	0	$0	6	$450,580	0	$0	19	$1,188,975
120-179	27	$1,950,893	0	$0	6	$319,922	2	$116,973	35	$2,387,787
180-269	29	$1,695,673	0	$0	11	$587,793	2	$76,310	42	$2,359,777
270-359	14	$659,396	0	$0	9	$675,371	2	$162,195	25	$1,496,961
360+	61	$3,634,881	1	$77,633	29	$1,791,776	3	$112,491	94	$5,616,781
REO	20	$1,247,357	0	$0	7	$364,687	0	$0	27	$1,612,043
90+REO	164	$9,926,594	1	$77,633	68	$4,190,129	9	$467,968	242	$14,662,324
Loss To Date
% to Original	2.64%	$3,757,958	6.87%	$86,348	3.31%	$1,759,214	4.75%	$595,425	2.96%	$6,198,944
Severity	62.44%		40.35%		55.45%		87.29%		61.45%
Loss To Date by Grade	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
A/A-	1.44%	$809,035	13.97%	$86,348	1.31%	$418,931	0.92%	$70,854	1.43%	$1,385,168
B	2.98%	$1,510,049	0.00%	$0	6.03%	$745,676	7.50%	$242,420	3.37%	$2,255,725
C	4.80%	$1,270,859	0.00%	$0	6.77%	$438,515	13.12%	$164,370	4.99%	$1,709,375
C-	0.00%	$0	0.00%	$0	8.92%	$126,262	37.45%	$117,781	1.89%	$126,262
D	4.02%	$168,015	0.00%	$0	3.79%	$29,829	0.00%	$0	3.93%	$197,845
Loss by Characteristic	% Orig	$	% Orig	$	% Orig	$	% Orig	$	% Orig	$
Low Doc	1.58%	$306,094	0.00%	$0	10.16%	$109,995	0.00%	$0	1.91%	$416,089
2-4 Unit	5.88%	$588,017	0.00%	$0	8.40%	$258,243	0.00%	$0	6.09%	$846,260
NIV	4.74%	$229,280	0.00%	$0	2.80%	$358,104	23.30%	$335,867	4.84%	$923,251
Non-Owner	6.92%	$714,975	0.00%	$0	4.43%	$184,237	3.45%	$28,694	6.05%	$927,907
90+ & REO
A/A-, B , C	9.35%	17.63%	0.00%	30.25%	12.77%	20.76%	11.14%	7.40%	10.66%	18.00%
C- , D, NON	26.02%	46.48%	0.00%	0.00%	28.91%	52.39%	0.00%	0.00%	26.63%	47.65%
2-4, LOW , NIV	21.30%	18.04%	0.00%	0.00%	24.24%	5.35%	0.00%	6.06%	19.86%	16.81%
As of: May 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	695	$39,297,308	21	$1,692,906	660	$43,819,909	1376	$84,810,123
LTV/WAC	74.10%	9.74%	81.17%	10.18%	77.18%	10.30%	75.83%	10.04%
A/A-	387	$23,470,976	12	$948,990	377	$29,066,546	776	$53,486,513
B	187	$10,788,804	7	$667,420	180	$10,267,180	374	$21,723,404
C	64	$2,825,763	2	$76,495	70	$3,066,011	136	$5,968,270
C-	17	$565,458	0	$0	8	$358,013	25	$923,470
D	29	$851,266	0	$0	24	$1,014,267	53	$1,865,534
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	66.41%	$77,699,800	67.66%	$3,541,208	59.92%	$65,512,619	63.38%	$146,753,627
Status
CURRENT	623	$34,498,620	18	$1,486,792	564	$37,788,261	1205	$73,773,673
30-59	10	$327,069	0	$0	14	$948,561	24	$1,275,630
60-89	4	$155,224	0	$0	8	$348,789	12	$504,013
90-119	9	$710,983	0	$0	11	$670,169	20	$1,381,152
120-179	15	$1,268,125	0	$0	8	$430,423	23	$1,698,548
180-269	8	$453,954	1	$58,985	10	$660,734	19	$1,173,673
270-359	12	$1,076,142	0	$0	9	$640,515	21	$1,716,657
360+	11	$596,791	1	$92,502	23	$1,554,225	35	$2,243,518
REO	3	$210,400	1	$54,627	13	$778,231	17	$1,043,258
90+REO	58	$4,316,395	3	$206,114	74	$4,734,297	135	$9,256,806
Loss To Date
% to Original	3.10%	$3,623,367	0.07%	$3,542	6.10%	$6,665,056	4.44%	$10,291,965
Severity	46.98%		3.66%		57.83%		53.23%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	2.15%	$1,516,119	0.45%	$14,257	3.38%	$2,302,510	2.70%	$3,832,886
B	4.41%	$1,359,316	0.00%	$0	9.07%	$2,524,139	6.45%	$3,883,455
C	3.56%	$307,940	0.00%	$0	11.39%	$1,013,872	7.47%	$1,321,812
C-	5.75%	$139,444	0.00%	$0	16.35%	$176,330	9.02%	$315,774
D	6.65%	$285,369	-3.83%	($10,716)	19.23%	$648,205	11.61%	$922,858
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	5.77%	$560,732	0.00%	$0	10.23%	$270,087	6.71%	$830,819
2-4 Unit	6.62%	$504,131	0.00%	$0	7.79%	$857,088	7.13%	$1,361,219
NIV	3.10%	$432,769	1.82%	$14,257	6.70%	$2,080,854	5.52%	$2,527,880
Non-Owner	5.40%	$396,109	0.00%	$0	15.85%	$1,468,920	11.19%	$1,865,029
90+ & REO as % Rem
A/A- , B, C	10.00%	12.50%	15.50%	0.00%	7.70%	16.20%	8.80%	13.90%
C- , D, NON	24.90%	25.50%	0.00%	0.00%	34.30%	27.40%	28.50%	26.60%
2-4, LOW, NIV	15.00%	5.20%	38.80%	0.00%	9.50%	8.90%	12.70%	5.90%
As of: May 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	566	$29,500,499	7	$422,799	559	$39,692,181	1132	$69,615,480
LTV/WAC	70.84%	9.53%	80.78%	10.71%	74.88%	9.70%	73.20%	9.63%
A/A-	332	$21,039,056	1	$92,464	320	$27,468,463	653	$48,599,983
B	122	$5,028,829	5	$299,094	137	$8,109,843	264	$13,437,766
C	45	$1,434,352	0	$0	41	$1,899,457	86	$3,333,809
C-	26	$897,904	0	$0	9	$479,289	35	$1,377,193
D	39	$1,010,680	1	$31,241	52	$1,735,129	92	$2,777,050
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	65.46%	$55,904,012	70.23%	$997,466	63.63%	$69,447,092	64.48%	$126,348,570
Delinquency Status
CURRENT	522	$27,024,727	6	$364,640	501	$36,245,699	1029	$63,635,066
30-59	11	$385,975	0	$0	10	$503,881	21	$889,856
60-89	4	$395,691	0	$0	7	$338,928	11	$734,619
90-119	6	$310,993	0	$0	7	$644,221	13	$955,214
120-179	7	$293,295	0	$0	5	$264,741	12	$558,036
180-269	1	$61,149	1	$58,159	8	$465,736	10	$585,044
270-359	6	$226,994	0	$0	5	$265,843	11	$492,837
360+	6	$656,897	0	$0	10	$558,997	16	$1,215,894
REO	3	$144,778	0	$0	6	$404,134	9	$548,912
90+REO	29	$1,694,106	1	$58,159	41	$2,603,672	71	$4,355,937
Loss To Date
% to Original Pool Balance	2.67%	$2,282,348	4.74%	$67,346	4.51%	$4,919,920	3.71%	$7,269,614
Severity	51.05%		31.18%		45.76%		47.09%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.89%	$504,000	8.53%	$58,550	2.24%	$1,527,870	1.66%	$2,090,420
B	4.13%	$592,617	0.00%	$0	5.28%	$1,378,502	4.81%	$1,971,119
C	10.17%	$624,660	0.00%	$0	14.48%	$879,281	12.20%	$1,503,941
C-	4.62%	$105,818	0.00%	$0	13.98%	$263,542	8.76%	$369,360
D	8.08%	$455,254	12.94%	$8,795	12.92%	$870,725	10.73%	$1,334,774
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	8.73%	$575,857	0.00%	$0	5.14%	$286,422	7.07%	$862,279
2-4 Unit	1.98%	$73,348	0.00%	$0	4.81%	$315,259	3.79%	$388,608
NIV	3.38%	$482,000	21.61%	$58,550	5.70%	$1,736,104	5.06%	$2,276,654
Non-Owner	8.29%	$340,575	0.00%	$0	9.12%	$734,822	8.82%	$1,075,397
90+ & REO as % Rem
A/A- , B, C	5.20%	3.30%	0.00%	19.40%	4.70%	8.90%	4.90%	7.00%
C- , D, NON	10.90%	15.20%	0.00%	0.00%	9.40%	12.80%	10.40%	13.50%
2-4, LOW, NIV	0.00%	5.70%	0.00%	0.00%	1.00%	8.90%	0.70%	7.30%
As of: May 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	1012	$47,617,230	141	$11,116,804	632	$43,917,717	1785	$102,651,751
LTV/WAC	72.49%	9.77%	80.19%	10.03%	73.69%	9.66%	73.84%	9.75%
A/A-	641	$34,649,649	96	$8,492,013	376	$30,079,785	1113	$73,221,448
B	223	$8,883,072	25	$1,490,412	176	$10,379,129	424	$20,752,613
C	79	$2,209,096	9	$383,812	39	$1,741,961	127	$4,334,869
C-	34	$1,025,329	0	$0	15	$508,413	49	$1,533,741
D	35	$850,084	11	$750,566	26	$1,208,429	72	$2,809,080
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	75.66%	$147,989,770	79.49%	$43,073,286	68.48%	$95,415,334	73.62%	$286,478,390
Delinquency Status
CURRENT	943	$44,197,891	122	$9,705,668	581	$40,515,943	1646	$94,419,502
30-59	15	$778,478	3	$174,574	9	$484,170	27	$1,437,222
60-89	10	$365,276	3	$188,629	5	$279,361	18	$833,266
90-119	4	$229,971	2	$120,158	5	$415,560	11	$765,689
120-179	7	$382,341	2	$111,688	6	$379,452	15	$873,481
180-269	10	$787,510	2	$383,162	7	$558,339	19	$1,729,011
270-359	7	$286,750	5	$260,051	3	$277,899	15	$824,700
360+	8	$316,211	2	$172,874	15	$955,881	25	$1,444,966
REO	8	$272,802	0	$0	1	$51,111	9	$323,913
90+REO	44	$2,275,585	13	$1,047,933	37	$2,638,242	94	$5,961,760
Loss To Date
% to Original Pool Balance	2.46%	$4,811,603	5.49%	$2,972,856	6.13%	$8,547,582	4.20%	$16,332,041
Severity	50.39%		47.59%		55.02%		52.13%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	1.58%	$2,180,846	3.79%	$1,447,104	3.11%	$2,770,313	2.41%	$6,398,263
B	4.13%	$1,524,457	7.57%	$682,856	9.97%	$3,388,699	7.00%	$5,596,012
C	3.85%	$389,371	11.41%	$305,929	16.17%	$1,275,620	9.53%	$1,970,920
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	14.05%	$974,500	11.79%	$1,935,003
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	15.74%	$415,204	5.07%	$1,769,029
2-4 Unit	2.07%	$173,861	21.85%	$874,244	12.19%	$1,027,926	9.96%	$2,076,031
NIV	2.91%	$540,252	3.93%	$385,713	6.02%	$2,620,722	4.93%	$3,546,687
Non-Owner	4.97%	$384,296	78.39%	$134,823	9.81%	$933,159	8.34%	$1,452,278
90+ & REO as % Rem
A/A- , B, C	3.30%	7.70%	6.60%	6.10%	4.10%	5.10%	4.00%	6.30%
C- , D, NON	9.70%	11.40%	0.00%	49.60%	5.00%	36.60%	8.20%	32.40%
2-4, LOW, NIV	6.00%	5.60%	0.00%	100.00%	2.30%	27.60%	3.60%	9.10%
As of: May 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	550	$24,363,897	148	$11,689,541	320	$20,652,228	1018	$56,705,667
LTV/WAC	71.53%	10.40%	81.66%	9.69%	74.90%	9.78%	74.84%	10.03%
A/A-	274	$15,517,254	105	$9,173,147	193	$14,010,831	572	$38,701,232
B	160	$6,091,738	26	$1,768,296	98	$5,671,569	284	$13,531,603
C	54	$1,476,201	9	$386,273	18	$601,158	81	$2,463,633
C-	33	$674,180	0	$0	3	$88,152	36	$762,332
D	29	$604,524	8	$361,824	8	$280,518	45	$1,246,867
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	78.57%	$89,349,543	78.70%	$43,194,576	74.69%	$60,935,089	77.33%	$193,479,208
Delinquency Status
CURRENT	505	$22,220,413	132	$10,266,487	286	$18,244,911	923	$50,731,811
30-59	9	$427,182	2	$225,349	4	$278,098	15	$930,629
60-89	6	$327,979	1	$63,643	2	$113,857	9	$505,479
90-119	4	$95,884	4	$544,124	2	$197,300	10	$837,308
120-179	6	$263,391	2	$137,974	5	$311,137	13	$712,502
180-269	9	$425,166	2	$52,536	7	$555,067	18	$1,032,769
270-359	5	$176,076	1	$48,538	4	$296,261	10	$520,875
360+	2	$157,102	3	$291,038	7	$392,258	12	$840,398
REO	4	$270,705	1	$59,852	3	$263,338	8	$593,895
90+REO	30	$1,388,324	13	$1,134,062	28	$2,015,361	71	$4,537,747
Loss To Date
% to Original Pool Balance	3.31%	$3,763,390	5.42%	$2,972,668	6.26%	$5,108,140	4.73%	$11,844,198
Severity	57.46%		50.17%		48.21%		51.34%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	1.73%	$1,200,526	4.79%	$1,921,421	4.39%	$2,126,035	3.32%	$5,247,982
B	5.57%	$1,438,040	4.81%	$426,441	6.44%	$1,629,064	5.82%	$3,493,545
C	6.91%	$631,334	9.49%	$232,731	13.40%	$598,067	9.11%	$1,462,132
C-	3.67%	$179,752	15.20%	$39,053	6.34%	$39,564	4.47%	$258,369
D	6.86%	$313,738	11.17%	$353,022	26.21%	$715,410	13.21%	$1,382,170
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	3.73%	$878,779	6.99%	$151,978	4.03%	$51,655	4.01%	$1,082,412
2-4 Unit	5.97%	$270,047	13.46%	$629,456	7.57%	$501,578	8.85%	$1,401,081
NIV	3.04%	$449,100	7.35%	$768,036	5.99%	$1,852,068	5.47%	$3,069,204
Non-Owner	4.98%	$290,201	15.81%	$77,838	8.55%	$648,334	7.31%	$1,016,373
90+ & REO as % Rem
A/A- , B, C	3.20%	10.60%	8.60%	15.50%	8.30%	12.90%	6.30%	12.20%
C- , D, NON	5.00%	8.20%	0.00%	6.90%	0.00%	17.90%	4.40%	10.00%
2-4, LOW, NIV	2.60%	9.70%	0.00%	0.00%	2.30%	52.70%	2.30%	10.70%
As of: May 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	341	$12,986,377	102	$6,714,261	148	$9,043,200	591	$28,743,838
LTV/WAC	70.56%	10.70%	76.41%	10.48%	73.53%	10.02%	72.86%	10.44%
A/A-	182	$8,554,796	59	$4,262,302	93	$6,423,902	334	$19,241,000
B	77	$2,740,247	22	$1,468,986	38	$1,979,293	137	$6,188,526
C	27	$659,634	13	$600,349	9	$370,275	49	$1,630,258
C-	33	$558,041	0	$0	1	$37,875	34	$595,917
D	22	$473,657	8	$382,625	7	$231,856	37	$1,088,138
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	83.55%	$65,935,412	83.53%	$34,058,890	71.20%	$22,352,856	80.98%	$122,347,158
Delinquency Status
CURRENT	321	$11,663,250	93	$6,189,006	130	$8,003,206	544	$25,855,462
30-59	3	$103,769	2	$121,238	4	$256,582	9	$481,589
60-89	1	$206,587	1	$97,565	0	$0	2	$304,152
90-119	1	$40,141	1	$39,815	2	$89,577	4	$169,533
120-179	3	$97,706	0	$0	0	$0	3	$97,706
180-269	5	$279,521	1	$28,655	4	$291,553	10	$599,729
270-359	1	$66,226	1	$73,070	2	$157,572	4	$296,868
360+	6	$529,176	3	$164,912	5	$234,876	14	$928,964
REO	0	$0	0	$0	1	$9,834	1	$9,834
90+REO	16	$1,012,770	6	$306,452	14	$783,412	36	$2,102,634
Loss To Date
% to Original Pool Balance	3.56%	$2,809,658	8.73%	$3,561,197	6.83%	$2,145,175	5.64%	$8,516,030
Severity	66.20%		50.36%		53.25%		55.50%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	2.38%	$1,225,870	6.78%	$1,848,308	3.80%	$771,200	3.88%	$3,845,378
B	6.67%	$874,049	12.61%	$937,683	8.19%	$634,100	8.65%	$2,445,832
C	6.37%	$348,792	11.24%	$399,405	16.47%	$288,510	9.62%	$1,036,707
C-	1.42%	$74,328	7.19%	$28,939	33.30%	$135,863	3.95%	$239,130
D	8.08%	$286,619	16.50%	$346,862	26.47%	$315,502	13.87%	$948,983
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	3.05%	$676,407	5.68%	$93,616	6.90%	$36,376	3.31%	$806,399
2-4 Unit	7.85%	$186,234	29.27%	$979,374	1.69%	$33,740	15.54%	$1,199,348
NIV	5.97%	$715,751	11.00%	$1,265,348	6.81%	$859,907	7.87%	$2,841,006
Non-Owner	10.23%	$535,229	71.28%	$529,085	10.05%	$322,333	15.11%	$1,386,647
90+ & REO as % Rem
A/A- , B, C	6.50%	13.00%	1.80%	11.70%	5.40%	11.40%	5.10%	12.20%
C- , D, NON	0.00%	4.10%	0.00%	14.70%	0.00%	20.90%	0.00%	11.40%
2-4, LOW, NIV	0.00%	1.40%	0.00%	0.00%	0.00%	0.00%	0.00%	1.30%
As of: May 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	549	$22,590,427	114	$7,093,603	193	$10,437,647	856	$40,121,678
LTV/WAC	68.16%	10.47%	75.89%	10.50%	70.82%	10.24%	70.22%	10.41%
A/A-	292	$14,761,158	69	$4,834,401	110	$6,996,830	471	$26,592,389
B	128	$4,556,901	27	$1,438,060	57	$2,679,822	212	$8,674,784
C	68	$1,652,512	11	$511,329	11	$292,259	90	$2,456,100
C-	31	$764,349	2	$107,536	4	$137,564	37	$1,009,448
D	30	$855,508	5	$202,277	11	$331,172	46	$1,388,957
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	82.61%	$107,308,508	83.39%	$35,616,264	77.77%	$36,511,329	81.73%	$179,436,101
Delinquency Status
CURRENT	525	$21,406,175	98	$5,945,454	179	$9,747,042	802	$37,098,671
30-59	2	$69,229	0	$0	2	$122,894	4	$192,123
60-89	3	$105,368	2	$85,050	2	$75,665	7	$266,083
90-119	1	$96,428	4	$397,462	2	$156,133	7	$650,023
120-179	7	$294,696	0	$0	1	$41,856	8	$336,552
180-269	4	$358,336	0	$0	1	$22,405	5	$380,741
270-359	1	$16,945	1	$45,944	1	$48,628	3	$111,517
360+	5	$223,498	7	$465,385	1	$53,369	13	$742,252
REO	1	$19,753	2	$154,309	4	$169,656	7	$343,718
90+REO	19	$1,009,656	14	$1,063,100	10	$492,047	43	$2,564,803
Loss To Date
% to Original Pool Balance	3.48%	$4,523,017	10.08%	$4,303,339	7.58%	$3,560,516	5.64%	$12,386,872
Severity	55.64%		57.61%		60.70%		57.71%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	1.77%	$1,472,569	5.98%	$1,721,883	5.04%	$1,414,399	3.30%	$4,608,851
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	17.85%	$993,738	33.07%	$838,443	17.36%	$499,810	21.24%	$2,331,991
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	4.33%	$1,710,729	16.82%	$174,319	12.71%	$156,811	4.88%	$2,041,859
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	11.24%	$1,926,674	8.16%	$3,623,105
Non-Owner	8.29%	$578,795	54.25%	$691,510	16.03%	$1,046,856	15.66%	$2,317,161
90+ & REO as % Rem
A/A- , B, C	3.40%	0.40%	9.50%	25.10%	4.30%	6.20%	4.70%	6.30%
C- , D, NON	7.30%	12.30%	55.40%	14.30%	0.00%	6.80%	11.40%	11.20%
2-4, LOW, NIV	4.90%	3.40%	0.00%	0.00%	22.20%	0.00%	7.00%	3.20%
As of: May 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	315	$13,178,699	95	$6,035,482	142	$7,272,173	552	$26,486,354
LTV/WAC	71.79%	10.58%	74.78%	11.16%	71.19%	10.21%	72.30%	10.61%
A/A-	160	$7,660,590	48	$3,153,129	95	$5,281,117	303	$16,094,835
B	84	$3,589,672	24	$1,790,245	27	$1,311,251	135	$6,691,169
C	42	$1,064,930	13	$718,117	10	$282,233	65	$2,065,280
C-	12	$425,062	3	$117,737	3	$98,255	18	$641,053
D	17	$438,445	7	$256,254	7	$299,318	31	$994,017
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	85.85%	$79,961,201	86.37%	$38,257,177	82.01%	$33,143,436	85.11%	$151,361,814
Delinquency Status
CURRENT	293	$11,983,571	76	$5,020,746	128	$6,607,711	497	$23,612,028
30-59	5	$238,625	2	$31,445	1	$22,833	8	$292,903
60-89	5	$168,189	1	$47,517	2	$95,144	8	$310,850
90-119	2	$84,795	1	$40,773	1	$102,257	4	$227,825
120-179	1	$26,761	0	$0	3	$153,196	4	$179,957
180-269	2	$197,201	8	$526,708	1	$65,629	11	$789,538
270-359	1	$58,313	1	$37,665	0	$0	2	$95,978
360+	5	$386,920	6	$330,627	4	$156,935	15	$874,482
REO	1	$34,325	0	$0	2	$68,468	3	$102,793
90+REO	12	$788,315	16	$935,773	11	$546,485	39	$2,270,573
Loss To Date
% to Original Pool Balance	2.79%	$2,599,363	6.75%	$2,988,376	6.22%	$2,515,386	4.56%	$8,103,125
Severity	52.39%		58.16%		52.86%		54.54%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	1.91%	$1,114,060	6.69%	$1,893,112	4.10%	$1,092,352	3.62%	$4,099,524
B	3.92%	$784,087	6.69%	$622,584	8.40%	$672,815	5.57%	$2,079,486
C	4.01%	$345,695	6.65%	$252,275	12.62%	$369,950	6.31%	$967,920
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	15.73%	$329,450	10.33%	$815,490
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	6.23%	$956,821	5.61%	$2,172,866
Non-Owner	12.80%	$472,253	31.95%	$316,899	9.42%	$509,847	12.87%	$1,298,999
90+ & REO as % Rem
A/A- , B, C	5.20%	5.80%	7.80%	16.20%	6.10%	13.10%	6.00%	10.00%
C- , D, NON	15.50%	6.40%	57.70%	62.80%	0.00%	16.90%	20.90%	24.10%
2-4, LOW, NIV	4.00%	6.80%	6.10%	0.00%	16.10%	0.00%	7.90%	6.20%
As of: May 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	300	$11,994,323	130	$6,581,742	116	$6,977,697	546	$25,553,762
LTV/WAC	69.58%	10.20%	67.69%	10.74%	69.84%	9.94%	69.16%	10.27%
A/A-	164	$7,840,089	61	$3,236,124	69	$4,681,498	294	$15,757,711
B	65	$2,387,330	40	$2,199,156	28	$1,655,744	133	$6,242,231
C	48	$1,243,417	20	$905,799	8	$256,111	76	$2,405,327
C-	11	$226,381	4	$97,209	5	$142,099	20	$465,689
D	11	$267,384	5	$143,454	6	$242,245	22	$653,083
Unknown	1	$29,721	0	$0	0	$0	1	$29,721
Paid Off	87.68%	$85,367,877	87.08%	$44,361,661	83.37%	$34,992,878	86.57%	$164,722,416
Delinquency Status
CURRENT	280	$11,181,610	122	$6,137,635	106	$6,410,332	508	$23,729,577
30-59	2	$30,178	1	$42,798	0	$0	3	$72,976
60-89	4	$170,875	0	$0	2	$155,740	6	$326,615
90-119	3	$32,943	1	$30,967	1	$22,614	5	$86,524
120-179	1	$40,954	1	$45,995	1	$89,061	3	$176,010
180-269	0	$0	1	$165,124	1	$45,352	2	$210,476
270-359	0	$0	2	$83,104	0	$0	2	$83,104
360+	9	$422,060	1	$11,269	2	$111,314	12	$544,643
REO	1	$115,703	1	$64,851	3	$143,284	5	$323,838
90+REO	14	$611,660	7	$401,310	8	$411,625	29	$1,424,595
Loss To Date
% to Original Pool Balance	1.53%	$1,489,493	4.83%	$2,462,305	5.11%	$2,146,310	3.20%	$6,098,108
Severity	36.43%		59.85%		46.59%		47.60%
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	2.09%	$455,589	4.91%	$687,627	6.52%	$613,987	3.89%	$1,757,203
C	3.48%	$294,651	9.33%	$640,192	9.02%	$276,121	6.59%	$1,210,964
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	4.56%	$892,696	5.28%	$837,814	3.90%	$1,895,971
Non-Owner	2.30%	$127,891	24.56%	$209,774	13.41%	$584,958	8.56%	$922,623
90+ & REO as % Rem
A/A- , B, C	4.50%	1.10%	3.40%	3.80%	2.60%	6.80%	3.70%	3.60%
C- , D, NON	24.50%	0.00%	0.00%	7.90%	0.00%	73.00%	11.90%	28.80%
2-4, LOW, NIV	0.00%	4.30%	0.00%	0.00%	0.00%	0.00%	0.00%	4.00%
As of: May 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	373	$15,732,797	123	$6,119,878	174	$11,019,527	670	$32,872,201
LTV/WAC	67.63%	9.93%	69.76%	11.72%	66.60%	9.78%	67.68%	10.21%
A/A-	210	$10,483,485	35	$2,283,518	110	$7,490,589	355	$20,257,592
B	92	$3,485,987	29	$1,661,112	38	$2,363,494	159	$7,510,593
C	39	$1,058,903	29	$1,145,169	15	$730,412	83	$2,934,484
C-	10	$274,903	10	$302,425	1	$42,455	21	$619,783
D	22	$429,519	20	$727,654	10	$392,577	52	$1,549,749
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	86.04%	$96,932,803	87.07%	$41,213,635	80.60%	$45,790,702	84.84%	$183,937,140
Delinquency Status
CURRENT	347	$14,831,510	94	$4,819,764	166	$10,602,674	607	$30,253,948
30-59	8	$311,247	3	$108,044	0	$0	11	$419,291
60-89	2	$116,363	2	$97,279	1	$49,980	5	$263,622
90-119	3	$49,256	1	$43,496	0	$0	4	$92,752
120-179	2	$27,127	1	$68,208	0	$0	3	$95,335
180-269	1	$75,079	7	$227,881	2	$115,683	10	$418,643
270-359	5	$227,510	3	$114,528	1	$61,834	9	$403,872
360+	4	$67,339	12	$640,678	2	$106,659	18	$814,676
REO	1	$27,367	0	$0	2	$82,697	3	$110,064
90+REO	16	$473,678	24	$1,094,791	7	$366,873	47	$1,935,342
Loss To Date
% to Original Pool Balance	1.88%	$2,120,490	8.68%	$4,106,284	4.56%	$2,591,140	4.07%	$8,817,914
Severity	46.45%		61.55%		42.57%		50.90%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	1.02%	$712,362	5.25%	$951,048	3.04%	$1,103,749	2.23%	$2,767,159
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	11.35%	$482,315	8.10%	$1,700,191
C-	5.38%	$116,505	17.75%	$427,136	5.41%	$59,473	10.63%	$603,114
D	8.67%	$488,820	14.55%	$1,124,030	13.94%	$411,425	12.40%	$2,024,275
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	4.41%	$127,974	3.98%	$1,357,949
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	9.46%	$1,871,685	6.60%	$1,524,323	7.46%	$3,611,350
Non-Owner	6.42%	$377,426	45.72%	$961,338	8.38%	$662,535	12.60%	$2,001,299
90+ & REO as % Rem
A/A- , B, C	2.00%	4.10%	3.00%	26.30%	1.50%	7.70%	2.00%	10.20%
C- , D, NON	2.70%	18.30%	29.50%	52.30%	0.00%	17.40%	15.60%	34.00%
2-4, LOW, NIV	0.00%	4.90%	14.90%	11.40%	0.00%	27.60%	4.40%	8.00%
As of: May 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	291	$12,112,525	137	$7,315,941	170	$10,005,524	598	$29,433,990
LTV/WAC	66.48%	10.19%	68.90%	12.14%	65.97%	10.29%	66.90%	10.71%
A/A-	166	$8,475,197	43	$2,487,675	93	$6,401,484	302	$17,364,356
B	54	$1,788,056	21	$1,354,117	38	$2,104,190	113	$5,246,362
C	41	$1,113,154	25	$1,362,852	26	$943,706	92	$3,419,711
C-	8	$217,602	16	$691,794	3	$117,666	27	$1,027,061
D	22	$518,517	32	$1,419,505	10	$438,478	64	$2,376,499
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	88.10%	$89,684,975	90.05%	$66,205,675	85.09%	$57,119,754	87.86%	$213,010,404
Delinquency Status
CURRENT	253	$10,081,462	95	$4,964,623	147	$9,005,365	495	$24,051,450
30-59	12	$623,338	4	$273,000	5	$165,985	21	$1,062,323
60-89	3	$129,875	1	$27,323	3	$228,919	7	$386,117
90-119	2	$90,224	2	$117,652	1	$66,615	5	$274,491
120-179	3	$140,257	2	$38,139	1	$27,748	6	$206,144
180-269	2	$133,954	6	$219,567	1	$23,926	9	$377,447
270-359	2	$55,684	1	$260,928	3	$109,798	6	$426,410
360+	13	$811,570	22	$1,236,791	7	$275,066	42	$2,323,427
REO	1	$46,162	4	$177,918	2	$102,101	7	$326,181
90+REO	23	$1,277,851	37	$2,050,995	15	$605,254	75	$3,934,100
Loss To Date
% to Original Pool Balance	1.16%	$1,179,537	13.05%	$9,598,028	5.05%	$3,387,566	5.84%	$14,165,131
Severity	39.58%		65.03%		55.03%		59.28%
Loss To Date by Grade	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss	% Orig	$ Loss
A/A-	0.71%	$454,763	8.67%	$2,216,269	2.22%	$892,387	2.75%	$3,563,419
B	1.97%	$382,435	10.46%	$1,460,012	6.18%	$976,354	5.74%	$2,818,801
C	1.25%	$121,270	16.41%	$2,141,634	14.19%	$987,093	10.95%	$3,249,997
C-	2.28%	$85,177	14.29%	$760,391	9.96%	$104,080	9.40%	$949,648
D	2.73%	$135,892	19.32%	$3,019,723	13.30%	$427,651	15.03%	$3,583,266
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	5.10%	$73,328	2.67%	$907,640
2-4 Unit	3.64%	$143,947	29.10%	$2,500,471	11.59%	$628,230	18.21%	$3,272,648
NIV	0.69%	$92,704	10.65%	$3,173,091	6.86%	$1,981,535	7.28%	$5,247,330
Non-Owner	4.98%	$223,537	57.22%	$2,386,041	12.24%	$1,050,747	21.23%	$3,660,325
90+ & REO as % Rem
A/A- , B, C	8.20%	16.40%	17.70%	33.80%	3.00%	8.60%	7.60%	17.70%
C- , D, NON	14.40%	32.30%	39.80%	40.00%	27.70%	11.80%	33.10%	33.10%
2-4, LOW, NIV	6.60%	8.70%	31.10%	33.50%	5.60%	39.80%	13.60%	14.40%
As of: May 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	176	$6,037,467	81	$4,979,578	108	$5,635,265	365	$16,652,311
LTV/WAC	61.11%	10.46%	66.72%	12.48%	65.40%	10.50%	64.24%	11.08%
A/A-	80	$3,307,717	19	$1,326,198	65	$3,729,723	164	$8,363,638
B	41	$1,510,666	9	$624,269	24	$1,165,171	74	$3,300,106
C	36	$828,362	16	$886,110	19	$740,371	71	$2,454,843
C-	10	$225,563	11	$660,999	0	$0	21	$886,562
D	9	$165,160	26	$1,482,002	0	$0	35	$1,647,162
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	91.94%	$68,862,733	90.65%	$48,275,830	88.09%	$41,675,580	90.51%	$158,814,143
Delinquency Status
CURRENT	170	$5,723,338	61	$3,713,242	95	$5,129,123	326	$14,565,703
30-59	0	$0	2	$77,533	0	$0	2	$77,533
60-89	0	$0	0	$0	0	$0	0	$0
90-119	0	$0	0	$0	1	$27,279	1	$27,279
120-179	2	$158,310	2	$152,205	1	$27,777	5	$338,292
180-269	2	$97,110	0	$0	3	$94,606	5	$191,716
270-359	0	$0	5	$293,372	3	$139,794	8	$433,166
360+	2	$58,709	10	$707,734	4	$177,887	16	$944,330
REO	0	$0	1	$35,493	1	$38,800	2	$74,293
90+REO	6	$314,129	18	$1,188,804	13	$506,143	37	$2,009,076
Loss To Date
% to Original Pool Balance	1.35%	$1,010,936	8.76%	$4,666,001	4.44%	$2,101,291	4.43%	$7,778,228
Severity	51.84%		57.54%		47.46%		53.69%
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	8.81%	$586,305	4.84%	$1,202,413
C-	2.14%	$116,065	8.17%	$535,733	0.00%	$0	5.44%	$651,798
D	9.67%	$350,831	16.54%	$3,215,584	25.53%	$28,117	15.51%	$3,594,532
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	1.75%	$304,224	10.71%	$2,876,050	2.25%	$148,669	6.55%	$3,328,943
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	2.70%	3.90%	20.60%	5.70%	3.80%	15.20%	6.00%	8.20%
C- , D, NON	0.00%	18.30%	16.50%	37.30%	0.00%	0.00%	12.30%	35.40%
2-4, LOW, NIV	0.00%	0.00%	39.70%	6.30%	12.90%	0.00%	17.40%	2.00%
As of: May 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	139	$5,466,407	72	$3,960,595	0	$0	211	$9,427,002
LTV/WAC	62.61%	10.56%	64.96%	12.28%	0.00%	0.00%	63.60%	11.28%
A/A-	56	$2,557,245	20	$1,302,424	0	$0	76	$3,859,669
B	23	$1,346,491	9	$516,778	0	$0	32	$1,863,269
C	32	$835,378	11	$563,192	0	$0	43	$1,398,570
C-	13	$509,548	7	$245,591	0	$0	20	$755,139
D	6	$84,098	25	$1,332,611	0	$0	31	$1,416,709
Unknown	9	$133,647	0	$0	0	$0	9	$133,647
Paid Off	91.25%	$56,993,758	93.10%	$53,452,771	0.00%	$0	92.14%	$110,446,529
Delinquency Status
CURRENT	129	$5,104,112	55	$3,032,151	0	$0	184	$8,136,263
30-59	2	$142,378	2	$110,743	0	$0	4	$253,121
60-89	0	$0	2	$118,463	0	$0	2	$118,463
90-119	1	$11,578	1	$140,920	0	$0	2	$152,498
120-179	2	$57,879	2	$135,585	0	$0	4	$193,464
180-269	2	$46,836	1	$50,209	0	$0	3	$97,045
270-359	0	$0	1	$19,820	0	$0	1	$19,820
360+	3	$103,625	8	$352,704	0	$0	11	$456,329
REO	0	$0	0	$0	0	$0	0	$0
90+REO	8	$219,918	13	$699,238	-	$0	21	$919,156
Loss To Date
% to Original Pool Balance	0.95%	$594,935	11.71%	$6,723,891	0.00%	$0	6.11%	$7,318,826
Severity	36.16%		55.68%		0.00%		53.34%
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	0.11%	$16,129	8.14%	$607,082	0.00%	$0	2.78%	$623,211
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	17.81%	$3,784,607	0.00%	$0	15.68%	$3,814,291
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	13.72%	$489,746	0.00%	$0	2.99%	$746,962
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	5.30%	1.70%	8.20%	19.80%	0.00%	0.00%	6.30%	6.70%
C- , D, NON	5.70%	13.80%	0.00%	34.60%	0.00%	0.00%	3.90%	33.30%
2-4, LOW, NIV	5.10%	5.40%	0.00%	7.30%	0.00%	0.00%	3.60%	5.80%
As of: May 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	88	$3,178,117	71	$4,309,268	0	$0	159	$7,487,385
LTV/WAC	65.70%	10.33%	64.86%	11.92%	0.00%	0.00%	65.22%	11.24%
A/A-	32	$1,265,000	22	$1,203,327	0	$0	54	$2,468,327
B	23	$974,335	8	$765,895	0	$0	31	$1,740,231
C	27	$859,590	7	$269,443	0	$0	34	$1,129,033
C-	5	$63,927	10	$581,817	0	$0	15	$645,744
D	1	$15,265	24	$1,488,785	0	$0	25	$1,504,050
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	92.55%	$39,509,383	92.50%	$53,145,682	0.00%	$0	92.52%	$92,655,065
Delinquency Status
CURRENT	85	$3,113,676	64	$3,892,715	0	$0	149	$7,006,391
30-59	2	$37,778	0	$0	0	$0	2	$37,778
60-89	0	$0	0	$0	0	$0	0	$0
90-119	1	$26,662	0	$0	0	$0	1	$26,662
120-179	0	$0	1	$61,076	0	$0	1	$61,076
180-269	0	$0	2	$138,562	0	$0	2	$138,562
270-359	0	$0	1	$46,777	0	$0	1	$46,777
360+	0	$0	3	$170,137	0	$0	3	$170,137
REO	0	$0	0	$0	0	$0	0	$0
90+REO	1	$26,662	7	$416,552	-	$0	8	$443,214
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%	8.00%	0.00%	0.00%	0.00%	3.50%
C- , D, NON	41.70%	0.00%	23.80%	11.70%	0.00%	0.00%	25.60%	11.60%
2-4, LOW, NIV	0.00%	4.30%	0.00%	32.00%	0.00%	0.00%	0.00%	14.30%
As of: May 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	128	$4,478,437	47	$2,828,793	0	$0	175	$7,307,230
LTV/WAC	59.02%	10.22%	68.35%	12.33%	0.00%	0.00%	62.63%	11.04%
A/A-	57	$2,269,288	18	$1,228,793	0	$0	75	$3,498,080
B	30	$1,200,488	7	$467,908	0	$0	37	$1,668,395
C	29	$720,786	8	$399,570	0	$0	37	$1,120,356
C-	9	$238,766	9	$422,012	0	$0	18	$660,777
D	3	$49,110	5	$310,511	0	$0	8	$359,621
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	92.33%	$53,932,763	91.07%	$28,850,022	0.00%	$0	91.89%	$82,782,785
Delinquency Status
CURRENT	125	$4,287,956	40	$2,399,297	0	$0	165	$6,687,253
30-59	1	$66,336	0	$0	0	$0	1	$66,336
60-89	0	$0	0	$0	0	$0	0	$0
90-119	0	$0	1	$57,260	0	$0	1	$57,260
120-179	0	$0	1	$97,785	0	$0	1	$97,785
180-269	1	$20,145	1	$65,198	0	$0	2	$85,343
270-359	1	$103,999	0	$0	0	$0	1	$103,999
360+	0	$0	3	$183,348	0	$0	3	$183,348
REO	0	$0	1	$25,905	0	$0	1	$25,905
90+REO	2	$124,144	7	$429,496	-	$0	9	$553,640
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	4.60%	0.00%	0.00%	0.00%	0.00%	0.00%	3.00%	0.00%
C- , D, NON	0.00%	0.00%	34.00%	52.50%	0.00%	0.00%	21.70%	45.30%
2-4, LOW, NIV	0.00%	2.00%	100.00%	0.00%	0.00%	0.00%	20.40%	1.80%
As of: May 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	60	$1,752,234	18	$701,062	0	$0	78	$2,453,297
LTV/WAC	55.46%	11.50%	67.24%	12.14%	0.00%	0.00%	58.83%	11.68%
A/A-	24	$789,421	7	$325,253	0	$0	31	$1,114,675
B	20	$612,828	3	$158,330	0	$0	23	$771,158
C	12	$250,253	4	$100,352	0	$0	16	$350,605
C-	2	$35,077	4	$117,127	0	$0	6	$152,204
D	2	$64,654	0	$0	0	$0	2	$64,654
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	93.87%	$26,827,566	96.61%	$20,006,226	0.00%	$0	95.02%	$46,833,792
Delinquency Status
CURRENT	59	$1,745,260	13	$523,389	0	$0	72	$2,268,649
30-59	0	$0	2	$61,371	0	$0	2	$61,371
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	$26,537	0	$0	1	$26,537
180-269	0	$0	0	$0	0	$0	0	$0
270-359	0	$0	0	$0	0	$0	0	$0
360+	1	$6,974	2	$89,766	0	$0	3	$96,740
REO	0	$0	0	$0	0	$0	0	$0
90+REO	1	$6,974	3	$116,303	-	$0	4	$123,277
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%	16.20%	0.00%	0.00%	0.00%	5.40%	0.00%
C- , D, NON	0.00%	0.00%	31.60%	0.00%	0.00%	0.00%	24.30%	0.00%
2-4, LOW, NIV	0.00%	0.00%	0.00%	38.20%	0.00%	0.00%	0.00%	9.20%
As of: May 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	33	$960,404	14	$572,803	0	$0	47	$1,533,207
LTV/WAC	58.25%	11.76%	61.76%	13.50%	0.00%	0.00%	59.56%	12.41%
A/A-	14	$546,365	1	$36,711	0	$0	15	$583,076
B	7	$168,892	4	$215,234	0	$0	11	$384,126
C	10	$225,250	5	$109,723	0	$0	15	$334,973
C-	1	$789	2	$128,292	0	$0	3	$129,082
D	1	$19,108	2	$82,843	0	$0	3	$101,951
Unknown	0	$0	0	$0	0	$0	0	$0
Paid Off	94.14%	$15,430,096	97.58%	$23,057,450	0.00%	$0	96.17%	$38,487,546
Delinquency Status
CURRENT	33	$960,404	13	$503,534	0	$0	46	$1,463,938
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	$69,270	0	$0	1	$69,270
180-269	0	$0	0	$0	0	$0	0	$0
270-359	0	$0	0	$0	0	$0	0	$0
360+	0	$0	0	$0	0	$0	0	$0
REO	0	$0	0	$0	0	$0	0	$0
90+REO	-	$0	1	$69,270	-	$0	1	$69,270
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%	53.70%	0.00%
2-4, LOW, NIV	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
As of: May 2003