AAMES FINANCIAL CORP/DE
8-K, 1999-11-30
LOAN BROKERS
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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)
                                NOVEMBER 15, 1999


                            AAMES CAPITAL CORPORATION
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             (Exact name of Registrant as specified in its charter)

         CALIFORNIA                333-46893-01                 95-4438859
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(State or other jurisdiction       (Commission               (I.R.S. employer
       of incorporation)           file numbers)            identification no.)


350 SOUTH GRAND AVENUE
LOS ANGELES, CALIFORNIA                                                90071
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(Address of principal executive offices)                             (ZIP Code)


                                 (213) 210-5000
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               Registrant's telephone number, including area code

                                       NA
          ------------------------------------------------------------
          (Former name or former address, if changed since last report)


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Item 7. FINANCIAL STATEMENTS; PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.


(a)      Not applicable.

(b)      Not applicable.

(c)      Exhibits:

                  20.1     Aames Capital Corporation, Mortgage Pass-Through
         Certificates, Series 1991-1 - Statement to Certificateholders
         (to be filed by amendment)










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                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
as amended, the Registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.



                                            AAMES CAPITAL CORPORATION

                                            By:   /s/ DAVID A. SKLAR
                                                ---------------------------
                                                  David A. Sklar
                                                  Executive Vice President


Dated:  November 30, 1999











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                                INDEX TO EXHIBITS

<TABLE>
<CAPTION>

EXHIBIT
<S>               <C>
20.1              Aames Capital Corporation, Mortgage Pass-Through
                  Certificates, Series 1991-1 - Statement to Certificateholders
                  (to be filed by amendment)

</TABLE>









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