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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES AND EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported)
JUNE 15, 1998
Aames Capital Acceptance Corp. on
behalf of
Aames Mortgage Trust 1998-B
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(Exact name of Registrant as specified in its charter)
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DELAWARE 333-46893-01 95-4619902
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(State or other jurisdiction (Commission (I.R.S. employer
of incorporation) file number) identification no.)
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350 SOUTH GRAND AVENUE, 52ND FLOOR
LOS ANGELES, CALIFORNIA 90071
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(Address of principal executive offices) (ZIP Code)
(213) 210-5270
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Registrant's telephone number, including area code
NA
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(Former name or former address, if changed since last report)
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Item 5. Other Events.
The sole purpose of this Current Report on Form 8-K is to file the
consent of Coopers & Lybrand L.L.P., independent accountants to Financial
Security Assurance Inc. Financial Security Assurance Inc. will act as the
Financial Guaranty Insurer in connection with the proposed offering of the Aames
Mortgage Trust 1998-B, Mortgage Pass-Through Certificates, Series 1998-B.
Item 7. Financial Statements: Pro Forma Financial Information
and Exhibits.
(a) Not applicable.
(b) Not applicable.
(c) Exhibits:
23.1 Consent of Coopers & Lybrand L.L.P.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
AAMES CAPITAL ACCEPTANCE CORP.
By: /s/ Mark E. Elbaum
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Mark E. Elbaum
Senior Vice President - Finance
Dated: June 15, 1998
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EXHIBIT INDEX
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Exhibit No. Description of Exhibit
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23.1 Consent of Coopers & Lybrand L.L.P.
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EXHIBIT 23.1
CONSENT OF INDEPENDENT ACCOUNTANTS
We consent to the incorporation by reference in the prospectus supplement of
Aames Capital Acceptance Corp. relating to Aames Mortgage Trust 1998-B of our
report dated January 26, 1998, on our audits of the consolidated financial
statements of Financial Security Assurance Inc. and Subsidiaries as of
December 31, 1997 and 1996, and for each of the three years in the period
ended December 31, 1997. We also consent to the reference to our Firm under
the caption "Experts."
/s/ Coopers & Lybrand L.L.P.
COOPERS & LYBRAND L.L.P.
New York, New York
June 15, 1998
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