<PAGE>
EXHIBIT 99.1
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1994-A
ARM LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 159 $11,950,100 2 $153,600 0 $0 161 $12,103,700
LTV/WAC 55.48% 10.23% 47.11% 10.83% 0.00% 0.00% 55.37% 10.24%
NON/2-4 6.50% 6.46% 0.00% 0.00% 0.00% 0.00% 12.52% 18.07%
Low/NIV 0.67% 8.26% 48.83% 0.00% 0.00% 0.00% 8.60% 11.70%
A/A- 59 $4,359,900 0 $0 0 $0 59 $4,359,900
B 38 $2,686,500 0 $0 0 $0 38 $2,686,500
C 22 $1,831,400 0 $0 0 $0 22 $1,831,400
C- 6 $430,200 1 75,000 0 $0 7 $505,200
D 19 $1,372,800 0 $0 0 $0 19 $1,372,800
Unknown 15 $1,269,300 1 78,600 0 $0 16 $1,347,900
================================================================================================================================
REMAINING POOL 22 $1,416,609 0 $0 0 $0 22 $1,416,609
LTV/WAC 57.74% 11.83% 0.00% 0.00% 0.00% 0.00% 57.74% 11.83%
A/A- 5 $317,331 0 $0 0 $0 5 $317,331
B 4 $198,448 0 $0 0 $0 4 $198,448
C 6 $361,731 0 $0 0 $0 6 $361,731
C- 3 $226,937 0 $0 0 $0 3 $226,937
D 3 $205,863 0 $0 0 $0 3 $205,863
Unknown 1 $106,299 0 $0 0 $0 1 $106,299
================================================================================================================================
PAID OFF 87.18% $10,418,400 100.00% $153,600 0.00% $0 87.35% $10,572,000
================================================================================================================================
DELINQUENCY STATUS
CURRENT 21 $1,298,006 0 $0 0 $0 21 $1,298,006
30-59 0 $0 0 $0 0 $0 0 $0
60-89 0 $0 0 $0 0 $0 0 $0
90-119 1 $118,602 0 $0 0 $0 1 $118,602
120-179 0 $0 0 $0 0 $0 0 $0
180-269 0 $0 0 $0 0 $0 0 $0
270-359 0 $0 0 $0 0 $0 0 $0
360+ 0 $0 0 $0 0 $0 0 $0
REO 0 $0 0 $0 0 $0 0 $0
90+REO 1 $118,602 - $0 - $0 $1 $118,602
================================================================================================================================
LOSS TO DATE
% to Original Pool Balance -0.11% -$13,653 0.00% $0 0.00% $0 -0.11% -$13,653
Severity -4.30% 0.00% 0.00% -4.30%
================================================================================================================================
LOSS TO DATE BY GRADE
A/A- -0.57% ($24,857) 0.00% $0 0.00% $0 -0.57% ($24,857)
B 0.39% $10,408 0.00% $0 0.00% $0 0.39% $10,408
C 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
D 0.06% $797 0.00% $0 0.00% $0 0.06% $797
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
================================================================================================================================
</TABLE>
AS OF: NOVEMBER 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1994-B
ARM LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 164 $11,803,600 88 $9,620,970 0 $0 252 $21,424,570
LTV/WAC 58.41% 10.82% 64.82% 10.75% 0.00% 0.00% 61.29% 10.78%
NON/2-4 13.18% 7.43% 5.18% 4.35% 0.00% 0.00% 7.07% 10.21%
Low/NIV 0.00% 0.00% 9.55% 37.40% 0.00% 0.00% 4.86% 6.61%
A/A- 59 $4,747,100 9 $823,125 0 $0 68 $5,570,225
B 32 $2,268,600 0 $0 0 $0 32 $2,268,600
C 37 $2,416,400 15 $1,961,650 0 $0 52 $4,378,050
C- 3 $181,700 8 $772,685 0 $0 11 $954,385
D 33 $2,189,800 18 $2,077,350 0 $0 51 $4,267,150
Unknown 0 $0 38 $3,986,160 0 $0 38 $3,986,160
================================================================================================================================
REMAINING POOL 40 $2,763,442 10 $812,458 0 $0 50 $3,575,900
LTV/WAC 61.12% 11.88% 65.47% 11.98% 0.00% 0.00% 62.11% 11.90%
A/A- 18 $1,426,937 3 $220,693 0 $0 21 $1,647,629
B 7 $305,770 0 $0 0 $0 7 $305,770
C 8 $556,001 2 $175,530 0 $0 10 $731,531
C- 1 $100,526 2 $118,729 0 $0 3 $219,255
D 6 $374,208 1 $168,426 0 $0 7 $542,635
Unknown 0 $0 2 $129,080 0 $0 2 $129,080
================================================================================================================================
PAID OFF 74.23% $8,761,400 90.86% $8,741,170 0.00% $0 81.69% $17,502,570
================================================================================================================================
DELINQUENCY STATUS
CURRENT 39 $2,714,646 7 $601,089 0 $0 46 $3,315,735
30-59 1 $48,797 0 $0 0 $0 1 $48,797
60-89 0 $0 1 $83,821 0 $0 1 $83,821
90-119 0 $0 1 $61,516 0 $0 1 $61,516
120-179 0 $0 0 $0 0 $0 0 $0
180-269 0 $0 1 $66,031 0 $0 1 $66,031
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 2 $127,547 - $0 $2 $127,547
================================================================================================================================
LOSS TO DATE
% to Original Pool Balance 0.65% $76,444 3.20% $307,603 0.00% $0 1.79% $384,047
Severity 11.34% 40.18% 0.00% 26.68%
================================================================================================================================
LOSS TO DATE BY GRADE
A/A- 1.08% $51,472 0.00% $0 0.00% $0 0.92% $51,472
B 0.00% $0 0.00% $0 0.00% $0 0.00% $0
C -0.57% ($13,815) 1.57% $30,780 0.00% $0 0.39% $16,965
C- 16.14% $29,333 0.00% $0 0.00% $0 3.07% $29,333
D 0.43% $9,453 5.98% $124,186 0.00% $0 3.13% $133,639
Unknown 0.00% $0 3.83% $152,638 0.00% $0 3.83% $152,638
================================================================================================================================
</TABLE>
AS OF: NOVEMBER 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1994-C
ARM LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 115 $8,035,600 127 $14,211,925 0 $0 242 $22,247,525
LTV/WAC 57.19% 11.03% 64.21% 11.04% 0.00% 0.00% 61.67% 11.04%
NON/2-4 10.09% 3.99% 4.96% 13.14% 0.00% 0.00% 6.81% 9.83%
Low/NIV 12.96% 17.62% 0.00% 0.00% 0.00% 0.00% 4.68% 6.36%
A/A- 50 $3,885,400 48 $6,070,210 0 $0 98 $9,955,610
B 2 $203,500 14 $1,735,165 0 $0 16 $1,938,665
C 33 $1,949,500 32 $3,090,650 0 $0 65 $5,040,150
C- 2 $80,400 27 $2,851,650 0 $0 29 $2,932,050
D 28 $1,916,800 5 $354,250 0 $0 33 $2,271,050
Unknown 0 $0 1 $110,000 0 $0 1 $110,000
================================================================================================================================
REMAINING POOL 23 $1,688,683 5 $424,608 0 $0 28 $2,113,291
LTV/WAC 60.41% 12.48% 71.29% 12.17% 0.00% 0.00% 62.60% 12.42%
A/A- 11 $803,656 4 $330,307 0 $0 15 $1,133,963
B 0 $0 0 $0 0 $0 0 $0
C 6 $436,247 0 $0 0 $0 6 $436,247
C- 1 $33,012 1 $94,302 0 $0 2 $127,314
D 5 $415,767 0 $0 0 $0 5 $415,767
Unknown 0 $0 0 $0 0 $0 0 $0
================================================================================================================================
PAID OFF 77.54% $6,230,900 96.85% $13,764,725 0.00% $0 89.88% $19,995,625
================================================================================================================================
DELINQUENCY STATUS
CURRENT 23 $1,688,683 4 $385,004 0 $0 27 $2,073,687
30-59 0 $0 1 $39,605 0 $0 1 $39,605
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 0 $0 0 $0 0 $0
270-359 0 $0 0 $0 0 $0 0 $0
360+ 0 $0 0 $0 0 $0 0 $0
REO 0 $0 0 $0 0 $0 0 $0
90+REO - $0 - $0 - $0 $0 $0
================================================================================================================================
LOSS TO DATE
% to Original Pool Balance 0.74% $59,466 3.08% $438,407 0.00% $0 2.24% $497,873
Severity 39.99% 32.19% 0.00% 32.95%
================================================================================================================================
LOSS TO DATE BY GRADE
A/A- 0.00% $0 2.79% $169,519 0.00% $0 1.70% $169,519
B 0.00% $0 6.59% $114,375 0.00% $0 5.90% $114,375
C 2.79% $54,387 3.66% $113,213 0.00% $0 3.33% $167,600
C- 0.00% $0 1.45% $41,300 0.00% $0 1.41% $41,300
D 0.26% $5,079 0.00% $0 0.00% $0 0.22% $5,079
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
================================================================================================================================
</TABLE>
AS OF: NOVEMBER 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1994-D
ARM LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
===================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 104 $8,030,100 246 $28,553,276 0 $0 350 $36,583,376
LTV/WAC 54.81% 11.38% 66.69% 11.37% 0.00% 0.00% 64.08% 11.37%
NON/2-4 13.60% 5.60% 3.65% 5.56% 0.00% 0.00% 4.14% 5.98%
Low/NIV 32.59% 33.86% 13.22% 31.20% 0.00% 0.00% 2.85% 3.87%
A/A- 26 $2,369,700 80 $9,636,161 0 $0 106 $12,005,861
B 10 $692,400 56 $6,283,970 0 $0 66 $6,976,370
C 35 $1,974,500 36 $3,490,135 0 $0 71 $5,464,635
C- 12 $864,300 57 $7,288,350 0 $0 69 $8,152,650
D 21 $2,129,200 17 $1,854,660 0 $0 38 $3,983,860
Unknown 0 $0 0 $0 0 $0 0 $0
===================================================================================================================================
REMAINING POOL 21 $1,348,043 22 $2,056,813 0 $0 43 $3,404,856
LTV/WAC 60.06% 12.17% 68.92% 11.91% 0.00% 0.00% 65.41% 12.01%
A/A- 5 $379,727 9 $1,013,880 0 $0 14 $1,393,607
B 1 $17,174 6 $513,306 0 $0 7 $530,479
C 7 $329,022 5 $345,142 0 $0 12 $674,164
C- 5 $339,059 2 $184,486 0 $0 7 $523,545
D 3 $283,061 0 $0 0 $0 3 $283,061
Unknown 0 $0 0 $0 0 $0 0 $0
===================================================================================================================================
PAID OFF 81.89% $6,576,000 92.45% $26,397,565 0.00% $0 90.13% $32,973,565
===================================================================================================================================
DELINQUENCY STATUS
CURRENT 19 $1,241,384 21 $2,012,744 0 $0 40 $3,254,128
30-59 2 $106,658 0 $0 0 $0 2 $106,658
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 1 $44,069 0 $0 1 $44,069
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 $44,069 - $0 $1 $44,069
===================================================================================================================================
LOSS TO DATE
% to Original Pool Balance 0.10% $7,995 4.43% $1,265,737 0.00% $0 3.48% $1,273,732
Severity 5.38% 31.67% 0.00% 30.73%
===================================================================================================================================
LOSS TO DATE BY GRADE
A/A- 0.00% $0 1.95% $187,798 0.00% $0 1.56% $187,798
B 0.00% $0 5.15% $323,739 0.00% $0 4.64% $323,739
C 0.77% $15,299 9.68% $337,882 0.00% $0 6.46% $353,181
C- 0.00% $0 4.80% $349,610 0.00% $0 4.29% $349,610
D -0.34% ($7,304) 3.60% $66,709 0.00% $0 1.49% $59,405
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
===================================================================================================================================
</TABLE>
AS OF: NOVEMBER 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1995-A
ARM LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
===================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 55 $4,558,700 424 $49,703,485 0 $0 479 $54,262,185
LTV/WAC 58.78% 11.96% 64.99% 11.87% 0.00% 0.00% 64.47% 11.88%
NON/2-4 6.38% 3.95% 6.59% 5.59% 0.00% 0.00% 2.79% 4.03%
Low/NIV 28.19% 30.94% 18.17% 44.25% 0.00% 0.00% 1.92% 2.61%
A/A- 9 $808,400 130 $15,737,430 0 $0 139 $16,545,830
B 6 $456,200 77 $9,038,850 0 $0 83 $9,495,050
C 20 $1,789,000 65 $8,257,050 0 $0 85 $10,046,050
C- 4 $295,900 93 $9,727,550 0 $0 97 $10,023,450
D 16 $1,209,200 57 $6,738,755 0 $0 73 $7,947,955
Unknown 0 $0 2 $203,850 0 $0 2 $203,850
===================================================================================================================================
REMAINING POOL 5 $229,990 53 $5,729,583 0 $0 58 $5,959,573
LTV/WAC 53.30% 12.69% 67.53% 12.81% 0.00% 0.00% 66.98% 12.81%
A/A- 0 $0 18 $1,933,200 0 $0 18 $1,933,200
B 2 $156,107 14 $1,212,787 0 $0 16 $1,368,895
C 3 $73,883 8 $923,264 0 $0 11 $997,147
C- 0 $0 7 $855,045 0 $0 7 $855,045
D 0 $0 5 $665,338 0 $0 5 $665,338
Unknown 0 $0 1 $139,947 0 $0 1 $139,947
===================================================================================================================================
PAID OFF 94.40% $4,303,300 88.05% $43,765,760 0.00% $0 88.59% $48,069,060
===================================================================================================================================
DELINQUENCY STATUS
CURRENT 5 $229,990 46 $5,050,057 0 $0 51 $5,280,047
30-59 0 $0 2 $89,396 0 $0 2 $89,396
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 $65,179 0 $0 1 $65,179
180-269 0 $0 1 $110,452 0 $0 1 $110,452
270-359 0 $0 2 $223,212 0 $0 2 $223,212
360+ 0 $0 1 $191,286 0 $0 1 $191,286
REO 0 $0 0 $0 0 $0 0 $0
90+REO - $0 5 $590,129 - $0 $5 $590,129
===================================================================================================================================
LOSS TO DATE
% to Original Pool Balance 0.56% $25,562 5.02% $2,494,724 0.00% $0 4.64% $2,520,286
Severity 8.23% 32.64% 0.00% 31.68%
===================================================================================================================================
LOSS TO DATE BY GRADE
A/A- 0.00% $0 2.90% $455,775 0.00% $0 2.75% $455,775
B 0.00% $0 2.02% $182,791 0.00% $0 1.93% $182,791
C 0.00% $0 6.82% $562,835 0.00% $0 5.60% $562,835
C- -10.38% ($30,702) 7.87% $765,470 0.00% $0 7.33% $734,768
D 4.65% $56,264 7.83% $527,855 0.00% $0 7.35% $584,119
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
===================================================================================================================================
</TABLE>
AS OF: NOVEMBER 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1995-B
ARM LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
==============================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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 6 $324,982 75 $7,134,160 0 $0 81 $7,459,141
LTV/WAC 64.77% 12.01% 66.00% 12.67% 0.00% 0.00% 65.95% 12.64%
A/A- 3 $133,750 17 $1,662,666 0 $0 20 $1,796,416
B 1 $57,821 13 $1,156,307 0 $0 14 $1,214,128
C 1 $65,623 16 $1,554,450 0 $0 17 $1,620,074
C- 1 $67,786 18 $1,832,931 0 $0 19 $1,900,718
D 0 $0 11 $927,805 0 $0 11 $927,805
Unknown 0 $0 0 $0 0 $0 0 $0
==============================================================================================================================
PAID OFF 92.27% $4,148,200 86.51% $48,122,445 0.00% $0 86.94% $52,270,645
==============================================================================================================================
DELINQUENCY STATUS
CURRENT 6 $324,982 43 $3,533,145 0 $0 49 $3,858,127
30-59 0 $0 0 $0 0 $0 0 $0
60-89 0 $0 2 $639,888 0 $0 2 $639,888
90-119 0 $0 4 $549,261 0 $0 4 $549,261
120-179 0 $0 6 $493,911 0 $0 6 $493,911
180-269 0 $0 2 $157,376 0 $0 2 $157,376
270-359 0 $0 4 $302,647 0 $0 4 $302,647
360+ 0 $0 7 $601,094 0 $0 7 $601,094
REO 0 $0 7 $856,838 0 $0 7 $856,838
90+REO - $0 30 $2,961,127 - $0 $30 $2,961,127
==============================================================================================================================
LOSS TO DATE
% to Original Pool Balance 0.60% $27,193 9.43% $5,248,275 0.00% $0 8.77% $5,275,468
Severity 16.53% 42.95% 0.00% 42.60%
==============================================================================================================================
LOSS TO DATE BY GRADE
A/A- 0.00% $0 1.54% $182,236 0.00% $0 1.36% $182,236
B 0.65% $7,378 2.89% $222,412 0.00% $0 2.60% $229,790
C 0.00% $0 9.50% $925,621 0.00% $0 8.64% $925,621
C- 0.00% $0 10.99% $1,508,918 0.00% $0 10.81% $1,508,918
D 3.21% $19,814 19.14% $2,409,088 0.00% $0 18.39% $2,428,902
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
==============================================================================================================================
</TABLE>
AS OF: NOVEMBER 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1995-C
ARM LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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 8 $452,759 80 $6,749,484 0 $0 88 $7,202,243
LTV/WAC 62.89% 12.43% 67.68% 13.32% 0.00% 0.00% 67.38% 13.26%
A/A- 3 $240,012 18 $1,546,695 0 $0 21 $1,786,707
B 1 $54,114 15 $1,435,680 0 $0 16 $1,489,794
C 3 $103,330 10 $818,704 0 $0 13 $922,034
C- 0 $0 20 $1,589,514 0 $0 20 $1,589,514
D 1 $55,304 17 $1,358,891 0 $0 18 $1,414,195
Unknown 0 $0 0 $0 0 $0 0 $0
================================================================================================================================
PAID OFF 89.15% $4,149,100 89.73% $61,260,290 0.00% $0 89.69% $65,409,390
================================================================================================================================
DELINQUENCY STATUS
CURRENT 7 $397,533 59 $5,206,388 0 $0 66 $5,603,921
30-59 0 $0 3 $249,024 0 $0 3 $249,024
60-89 0 $0 1 $49,887 0 $0 1 $49,887
90-119 0 $0 0 $0 0 $0 0 $0
120-179 0 $0 1 $116,396 0 $0 1 $116,396
180-269 0 $0 3 $165,704 0 $0 3 $165,704
270-359 0 $0 1 $72,313 0 $0 1 $72,313
360+ 0 $0 11 $807,551 0 $0 11 $807,551
REO 1 $55,226 1 $82,220 0 $0 2 $137,446
90+REO 1 $55,226 17 $1,244,184 - $0 $18 $1,299,410
================================================================================================================================
LOSS TO DATE
% to Original Pool Balance 0.46% $21,294 7.99% $5,457,840 0.00% $0 7.51% $5,479,134
Severity 13.68% 39.27% 0.00% 38.99%
================================================================================================================================
LOSS TO DATE BY GRADE
A/A- 1.13% $17,049 3.59% $460,947 0.00% $0 3.33% $477,996
B -0.29% ($4,963) 6.51% $656,113 0.00% $0 5.53% $651,150
C 0.00% $0 4.60% $439,787 0.00% $0 4.18% $439,787
C- 0.00% $0 9.14% $1,491,273 0.00% $0 9.10% $1,491,273
D 2.27% $9,209 12.37% $2,409,720 0.00% $0 12.16% $2,418,929
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
================================================================================================================================
</TABLE>
AS OF: NOVEMBER 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1995-D
ARM LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
===============================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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 6 $518,565 88 $8,007,635 0 $0 94 $8,526,200
LTV/WAC 62.01% 12.34% 68.74% 13.07% 0.00% 0.00% 68.33% 13.03%
A/A- 0 $0 22 $2,159,875 0 $0 22 $2,159,875
B 3 $270,114 20 $1,961,803 0 $0 23 $2,231,917
C 1 $67,598 14 $1,247,860 0 $0 15 $1,315,458
C- 1 $88,771 14 $1,254,052 0 $0 15 $1,342,823
D 1 $92,082 18 $1,384,045 0 $0 19 $1,476,127
Unknown 0 $0 0 $0 0 $0 0 $0
===============================================================================================================================
PAID OFF 78.78% $1,977,200 88.87% $65,810,936 0.00% $0 88.54% $67,788,136
===============================================================================================================================
DELINQUENCY STATUS
CURRENT 5 $443,618 57 $5,015,055 0 $0 62 $5,458,673
30-59 0 $0 4 $359,413 0 $0 4 $359,413
60-89 1 $74,947 2 $380,872 0 $0 3 $455,819
90-119 0 $0 0 $0 0 $0 0 $0
120-179 0 $0 4 $318,135 0 $0 4 $318,135
180-269 0 $0 2 $83,957 0 $0 2 $83,957
270-359 0 $0 2 $121,987 0 $0 2 $121,987
360+ 0 $0 11 $968,000 0 $0 11 $968,000
REO 0 $0 6 $760,217 0 $0 6 $760,217
90+REO - $0 25 $2,252,296 - $0 $25 $2,252,296
===============================================================================================================================
LOSS TO DATE
% to Original Pool Balance 3.68% $92,348 6.27% $4,640,001 0.00% $0 6.18% $4,732,349
Severity 85.91% 39.22% 0.00% 39.64%
===============================================================================================================================
LOSS TO DATE BY GRADE
A/A- 0.00% $0 3.11% $708,068 0.00% $0 3.07% $708,068
B 0.00% $0 4.11% $481,615 0.00% $0 3.72% $481,615
C 0.00% $0 5.45% $636,989 0.00% $0 5.27% $636,989
C- 19.61% $42,850 7.95% $849,323 0.00% $0 8.19% $892,173
D 18.04% $49,498 11.39% $1,964,007 0.00% $0 11.49% $2,013,505
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
===============================================================================================================================
</TABLE>
AS OF: NOVEMBER 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1996-A
ARM LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
==================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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 6 $375,484 130 $11,671,353 0 $0 136 $12,046,836
LTV/WAC 63.72% 12.36% 66.92% 13.46% 0.00% 0.00% 66.82% 13.42%
A/A- 3 $221,058 26 $2,618,015 0 $0 29 $2,839,073
B 0 $0 15 $1,395,665 0 $0 15 $1,395,665
C 2 $130,149 16 $1,192,056 0 $0 18 $1,322,206
C- 0 $0 17 $1,408,381 0 $0 17 $1,408,381
D 1 $24,276 56 $5,057,236 0 $0 57 $5,081,512
Unknown 0 $0 0 $0 0 $0 0 $0
==================================================================================================================================
PAID OFF 84.17% $2,071,400 87.94% $87,116,952 0.00% $0 87.85% $89,188,352
==================================================================================================================================
DELINQUENCY STATUS
CURRENT 4 $312,814 88 $7,069,921 0 $0 92 $7,382,735
30-59 0 $0 2 $224,818 0 $0 2 $224,818
60-89 0 $0 1 $33,408 0 $0 1 $33,408
90-119 0 $0 1 $43,052 0 $0 1 $43,052
120-179 1 $34,041 5 $374,401 0 $0 6 $408,442
180-269 0 $0 3 $182,073 0 $0 3 $182,073
270-359 0 $0 3 $293,057 0 $0 3 $293,057
360+ 0 $0 23 $3,003,506 0 $0 23 $3,003,506
REO 1 $28,629 4 $447,117 0 $0 5 $475,746
90+REO 2 $62,670 39 $4,343,206 - $0 $41 $4,405,876
==================================================================================================================================
LOSS TO DATE
% to Original Pool 1.79% $43,936 5.89% $5,833,051 0.00% $0 5.79% $5,876,987
Balance Severity 58.04% 42.87% 0.00% 42.96%
==================================================================================================================================
LOSS TO DATE BY GRADE
A/A- 0.00% $0 4.78% $1,030,525 0.00% $0 4.57% $1,030,525
B 8.13% $31,611 6.42% $843,858 0.00% $0 6.47% $875,469
C 0.00% $0 2.51% $394,425 0.00% $0 2.43% $394,425
C- 0.00% $0 2.74% $401,468 0.00% $0 2.74% $401,468
D 2.03% $12,326 9.30% $3,162,776 0.00% $0 9.17% $3,175,102
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
==================================================================================================================================
</TABLE>
AS OF: NOVEMBER 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1996-B
ARM LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
====================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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 4 $213,625 238 $17,934,303 0 $0 242 $18,147,929
LTV/WAC 59.07% 12.45% 65.29% 13.58% 0.00% 0.00% 65.22% 13.56%
A/A- 0 $0 23 $2,100,179 0 $0 23 $2,100,179
B 0 $0 18 $1,637,182 0 $0 18 $1,637,182
C 2 $102,443 35 $2,441,633 0 $0 37 $2,544,076
C- 1 $58,139 38 $2,239,919 0 $0 39 $2,298,058
D 1 $53,044 124 $9,515,389 0 $0 125 $9,568,433
Unknown 0 $0 0 $0 0 $0 0 $0
====================================================================================================================================
PAID OFF 93.73% $3,260,400 89.66% $160,993,323 0.00% $0 89.74% $164,253,723
====================================================================================================================================
DELINQUENCY STATUS
CURRENT 2 $102,443 140 $10,442,216 0 $0 142 $10,544,659
30-59 0 $0 8 $537,764 0 $0 8 $537,764
60-89 0 $0 3 $240,799 0 $0 3 $240,799
90-119 0 $0 2 $190,104 0 $0 2 $190,104
120-179 0 $0 10 $473,871 0 $0 10 $473,871
180-269 0 $0 11 $704,380 0 $0 11 $704,380
270-359 0 $0 6 $506,683 0 $0 6 $506,683
360+ 2 $111,183 48 $4,217,118 0 $0 50 $4,328,301
REO 0 $0 10 $621,370 0 $0 10 $621,370
90+REO 2 $111,183 87 $6,713,526 - $0 $89 $6,824,709
====================================================================================================================================
LOSS TO DATE
% to Original Pool 1.53% $53,281 5.16% $9,272,960 0.00% $0 5.10% $9,326,241
Balance Severity 65.78% 43.25% 0.00% 43.34%
====================================================================================================================================
LOSS TO DATE BY GRADE
A/A- 0.00% $0 2.48% $816,927 0.00% $0 2.41% $816,927
B 0.00% $0 4.56% $1,138,274 0.00% $0 4.40% $1,138,274
C 0.00% $0 4.45% $1,459,748 0.00% $0 4.37% $1,459,748
C- 0.00% $0 4.33% $840,912 0.00% $0 4.31% $840,912
D 5.68% $53,281 7.23% $5,017,099 0.00% $0 7.21% $5,070,380
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
====================================================================================================================================
</TABLE>
AS OF: NOVEMBER 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1996-C
ARM LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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 13 $684,299 289 $24,812,304 230 $18,666,031 532 $44,162,633
LTV/WAC 62.08% 12.93% 67.89% 13.44% 70.91% 12.97% 69.08% 13.23%
A/A- 3 $216,634 58 $5,298,509 96 $8,972,876 157 $14,488,019
B 1 $115,416 38 $3,877,787 73 $6,164,567 112 $10,157,771
C 2 $74,988 36 $3,335,785 53 $3,037,210 91 $6,447,983
C- 3 $171,722 37 $2,835,172 1 $59,465 41 $3,066,359
D 4 $105,538 120 $9,465,050 7 $431,913 131 $10,002,502
Unknown 0 $0 0 $0 0 $0 0 $0
================================================================================================================================
PAID OFF 87.51% $5,130,600 86.83% $167,777,787 87.41% $133,529,059 87.10% $306,437,446
================================================================================================================================
DELINQUENCY STATUS
CURRENT 9 $519,986 182 $14,874,501 155 $12,230,744 346 $27,625,231
30-59 0 $0 10 $984,104 9 $530,563 19 $1,514,667
60-89 1 $52,280 2 $187,346 3 $234,554 6 $474,180
90-119 0 $0 5 $328,186 4 $367,874 9 $696,060
120-179 0 $0 5 $389,904 8 $967,031 13 $1,356,935
180-269 2 $89,325 12 $997,401 10 $618,597 24 $1,705,323
270-359 0 $0 9 $930,120 4 $247,647 13 $1,177,767
360+ 1 $22,708 51 $5,027,512 27 $2,980,830 79 $8,031,050
REO 0 $0 13 $1,093,230 10 $488,191 23 $1,581,421
90+REO 3 $112,033 95 $8,766,353 63 $5,670,170 $161 $14,548,556
================================================================================================================================
LOSS TO DATE
% to Original Pool Balance 2.19% $128,299 5.58% $10,788,781 4.08% $6,239,451 4.88% $17,156,531
Severity 56.10% 45.80% 44.13% 45.24%
================================================================================================================================
LOSS TO DATE BY GRADE
A/A- 0.00% $0 2.40% $1,060,760 3.11% $2,315,166 2.82% $3,375,926
B 1.96% $36,546 2.82% $858,660 2.40% $1,098,183 2.55% $1,993,389
C 10.10% $91,754 2.98% $773,997 8.39% $2,524,359 5.95% $3,390,110
C- 0.00% $0 5.73% $1,550,871 24.36% $80,699 5.81% $1,631,570
D 0.00% $0 9.98% $6,544,493 10.57% $221,045 9.81% $6,765,538
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
================================================================================================================================
</TABLE>
AS OF: NOVEMBER 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1996-D
ARM LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
=================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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 11 $807,291 334 $27,528,653 235 $18,443,531 580 $46,779,476
LTV/WAC 68.00% 12.62% 68.40% 13.47% 71.44% 13.12% 69.59% 13.32%
A/A- 1 $122,170 73 $6,823,954 85 $7,612,102 159 $14,558,226
B 3 $254,920 54 $5,541,261 77 $6,228,546 134 $12,024,728
C 4 $243,697 56 $3,906,361 35 $2,319,369 95 $6,469,427
C- 2 $75,652 37 $2,565,173 12 $734,838 51 $3,375,663
D 1 $110,853 114 $8,691,904 26 $1,548,676 141 $10,351,432
Unknown 0 $0 0 $0 0 $0 0 $0
=================================================================================================================================
PAID OFF 85.17% $4,731,600 86.82% $185,025,327 86.37% $121,914,080 86.61% $311,671,007
=================================================================================================================================
DELINQUENCY STATUS
CURRENT 7 $496,427 199 $16,834,030 138 $10,253,266 344 $27,583,723
30-59 1 $110,853 15 $1,301,729 10 $818,575 26 $2,231,157
60-89 1 $122,170 9 $699,452 9 $660,633 19 $1,482,255
90-119 0 $0 7 $753,285 4 $255,236 11 $1,008,521
120-179 0 $0 11 $750,147 9 $645,002 20 $1,395,149
180-269 1 $43,091 15 $883,972 10 $672,563 26 $1,599,626
270-359 0 $0 10 $642,358 10 $676,752 20 $1,319,110
360+ 1 $34,751 51 $4,249,204 35 $3,770,967 87 $8,054,922
REO 0 $0 17 $1,414,475 10 $690,539 27 $2,105,014
90+REO 2 $77,842 111 $8,693,441 78 $6,711,059 $191 $15,482,342
=================================================================================================================================
LOSS TO DATE
% to Original Pool Balance 1.91% $105,914 5.05% $10,769,436 3.61% $5,089,071 4.44% $15,964,421
Severity 51.36% 42.76% 50.17% 44.92%
=================================================================================================================================
LOSS TO DATE BY GRADE
A/A- 0.00% $0 2.01% $1,191,636 1.97% $1,295,044 1.96% $2,486,680
B 1.58% $22,168 2.27% $1,004,910 3.70% $1,567,696 2.95% $2,594,774
C 0.00% $0 6.35% $2,084,264 7.50% $1,291,725 6.64% $3,375,989
C- 8.34% $52,566 4.95% $902,393 2.72% $137,604 4.57% $1,092,563
D 4.09% $31,181 9.53% $5,586,233 7.45% $797,002 9.15% $6,414,416
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
=================================================================================================================================
</TABLE>
AS OF: NOVEMBER 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1997-1
ARM LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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 24 $2,204,351 450 $39,988,796 321 $23,285,717 795 $65,478,865
LTV/WAC 69.72% 11.91% 71.26% 12.75% 72.00% 12.83% 71.47% 12.75%
A/A- 7 $783,689 139 $13,225,690 122 $9,799,632 268 $23,809,011
B 8 $914,305 128 $11,803,054 88 $7,034,310 224 $19,751,669
C 3 $197,569 65 $4,789,612 40 $2,592,342 108 $7,579,522
C- 0 $0 19 $2,020,246 19 $893,625 38 $2,913,871
D 6 $308,788 99 $8,150,195 52 $2,965,807 157 $11,424,790
Unknown 0 $0 0 $0 0 $0 0 $0
================================================================================================================================
PAID OFF 79.56% $9,273,900 84.43% $224,096,155 83.18% $118,159,465 83.87% $351,529,520
================================================================================================================================
DELINQUENCY STATUS
CURRENT 16 $1,648,242 294 $24,777,144 205 $14,415,110 515 $40,840,496
30-59 2 $105,179 25 $2,243,045 12 $1,001,141 39 $3,349,365
60-89 2 $251,673 10 $932,969 10 $669,045 22 $1,853,687
90-119 0 $0 3 $133,187 4 $282,413 7 $415,600
120-179 0 $0 10 $1,141,437 11 $566,419 21 $1,707,856
180-269 0 $0 13 $1,605,067 14 $1,275,720 27 $2,880,787
270-359 0 $0 14 $1,335,887 8 $338,272 22 $1,674,159
360+ 4 $199,257 64 $6,387,813 33 $3,062,661 101 $9,649,731
REO 0 $0 17 $1,432,247 24 $1,674,935 41 $3,107,182
90+REO 4 $199,257 121 $12,035,638 94 $7,200,420 $219 $19,435,315
================================================================================================================================
LOSS TO DATE
% to Original Pool Balance 2.07% $240,795 3.79% $10,068,509 3.60% $5,119,596 3.68% $15,428,900
Severity 34.60% 42.42% 46.23% 43.45%
================================================================================================================================
LOSS TO DATE BY GRADE
A/A- 0.12% $6,254 2.31% $2,419,261 2.35% $1,583,081 2.26% $4,008,596
B 4.49% $174,483 3.20% $2,491,825 3.04% $1,249,693 3.19% $3,916,001
C 0.00% $0 4.43% $1,441,313 7.86% $1,244,792 5.37% $2,686,105
C- 0.00% $0 3.73% $463,032 3.44% $175,043 3.64% $638,075
D 6.26% $60,058 8.66% $3,253,077 6.90% $866,988 8.18% $4,180,123
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
================================================================================================================================
</TABLE>
AS OF: NOVEMBER 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1997-B
ARM LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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 25 $2,060,445 382 $32,643,431 276 $22,463,910 683 $57,167,786
LTV/WAC 77.12% 11.98% 74.26% 12.99% 75.63% 12.24% 74.90% 12.66%
A/A- 10 $936,664 135 $13,798,102 121 $11,344,761 266 $26,079,527
B 8 $433,497 118 $9,904,646 82 $6,658,219 208 $16,996,361
C 4 $482,863 60 $4,146,397 30 $1,734,179 94 $6,363,439
C- 2 $175,167 14 $1,127,122 12 $692,274 28 $1,994,563
D 1 $32,255 55 $3,667,165 31 $2,034,477 87 $5,733,896
Unknown 0 $0 0 $0 0 $0 0 $0
================================================================================================================================
PAID OFF 77.62% $7,392,500 83.93% $173,996,568 75.31% $70,165,031 81.14% $251,554,099
================================================================================================================================
DELINQUENCY STATUS
CURRENT 21 $1,635,655 296 $25,444,155 206 $16,891,303 523 $43,971,113
30-59 1 $65,583 12 $1,135,588 9 $636,846 22 $1,838,017
60-89 0 $0 8 $565,993 6 $502,118 14 $1,068,111
90-119 1 $94,375 3 $196,036 4 $341,580 8 $631,991
120-179 0 $0 10 $687,966 4 $204,799 14 $892,765
180-269 0 $0 10 $790,772 6 $748,686 16 $1,539,458
270-359 2 $264,831 7 $511,732 9 $623,611 18 $1,400,174
360+ 0 $0 19 $1,821,523 21 $1,632,250 40 $3,453,773
REO 0 $0 17 $1,489,666 11 $882,717 28 $2,372,383
90+REO 3 $359,206 66 $5,497,695 55 $4,433,643 $124 $10,290,544
================================================================================================================================
LOSS TO DATE
% to Original Pool Balance 0.97% $92,209 2.74% $5,679,548 3.39% $3,158,947 2.88% $8,930,704
Severity 48.97% 41.56% 47.78% 43.64%
================================================================================================================================
LOSS TO DATE BY GRADE
A/A- 0.91% $47,344 1.22% $1,225,024 1.62% $725,730 1.33% $1,998,098
B 0.00% $0 3.59% $2,076,743 3.65% $983,108 3.50% $3,059,851
C 0.00% $0 3.94% $939,544 7.31% $645,281 4.70% $1,584,825
C- 0.00% $0 2.14% $129,393 3.01% $105,827 2.37% $235,220
D 11.09% $44,864 6.82% $1,308,844 7.81% $699,000 7.19% $2,052,708
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
================================================================================================================================
</TABLE>
AS OF: NOVEMBER 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1997-C
ARM LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
===================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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 23 $2,037,665 261 $22,269,688 782 $64,866,298 1066 $89,173,650
LTV/WAC 75.87% 12.31% 74.38% 13.31% 75.81% 10.91% 75.45% 11.54%
A/A- 10 $807,173 104 $9,426,546 471 $43,174,109 585 $53,407,828
B 9 $1,003,852 71 $7,113,836 184 $13,707,164 264 $21,824,852
C 3 $171,285 27 $1,747,105 61 $3,225,430 91 $5,143,820
C- 1 $55,354 5 $418,050 23 $1,761,676 29 $2,235,080
D 0 $0 54 $3,564,150 43 $2,997,919 97 $6,562,069
Unknown 0 $0 0 $0 0 $0 0 $0
===================================================================================================================================
PAID OFF 83.07% $10,308,300 79.47% $87,656,470 67.22% $136,546,760 71.97% $234,511,530
===================================================================================================================================
DELINQUENCY STATUS
CURRENT 19 $1,544,741 173 $15,583,499 636 $52,536,473 828 $69,664,713
30-59 1 $212,685 9 $787,995 24 $2,642,191 34 $3,642,871
60-89 0 $0 5 $351,350 16 $1,069,604 21 $1,420,954
90-119 0 $0 6 $387,579 8 $712,274 14 $1,099,853
120-179 0 $0 6 $270,380 15 $1,038,723 21 $1,309,103
180-269 0 $0 7 $627,098 20 $1,315,297 27 $1,942,395
270-359 0 $0 6 $736,759 14 $1,576,505 20 $2,313,264
360+ 2 $195,671 26 $1,939,628 27 $2,656,263 55 $4,791,562
REO 1 $84,567 23 $1,585,400 22 $1,318,969 46 $2,988,936
90+REO 3 $280,238 74 $5,546,844 106 $8,618,031 $183 $14,445,113
===================================================================================================================================
LOSS TO DATE
% to Original Pool 0.38% $46,755 5.03% $5,551,855 3.43% $6,958,258 3.85% $12,556,868
Balance Severity 16.67% 47.45% 46.87% 46.81%
===================================================================================================================================
LOSS TO DATE BY GRADE
A/A- -0.09% ($5,745) 3.77% $2,025,216 2.17% $2,773,821 2.55% $4,793,292
B 0.68% $28,215 5.19% $1,554,553 4.59% $2,033,203 4.61% $3,615,971
C 0.00% $0 8.19% $776,118 6.32% $911,196 6.82% $1,687,314
C- 0.00% $0 3.65% $100,809 3.52% $196,837 3.38% $297,646
D 6.56% $24,285 7.60% $1,095,159 9.60% $1,043,201 8.43% $2,162,645
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
===================================================================================================================================
</TABLE>
AS OF: NOVEMBER 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1997-D
ARM LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
===================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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 56 $4,971,666 254 $23,598,935 1106 $90,935,564 1416 $119,506,166
LTV/WAC 77.14% 11.81% 78.69% 13.20% 76.44% 10.42% 76.91% 11.02%
A/A- 31 $3,004,675 118 $11,881,226 665 $61,131,478 814 $76,017,379
B 17 $1,323,395 76 $6,802,474 282 $20,248,461 375 $28,374,330
C 3 $166,021 27 $2,434,401 76 $4,724,294 106 $7,324,716
C- 5 $477,576 2 $262,275 21 $1,125,630 28 $1,865,480
D 0 $0 31 $2,218,560 62 $3,705,700 93 $5,924,260
Unknown 0 $0 0 $0 0 $0 0 $0
===================================================================================================================================
PAID OFF 73.78% $14,476,600 80.21% $95,744,906 61.73% $150,437,735 68.12% $260,659,241
===================================================================================================================================
DELINQUENCY STATUS
CURRENT 34 $2,983,446 189 $17,824,513 915 $75,250,701 1138 $96,058,660
30-59 2 $152,425 7 $539,441 14 $936,911 23 $1,628,777
60-89 2 $233,214 3 $263,221 10 $805,827 15 $1,302,262
90-119 0 $0 1 $133,943 15 $1,201,076 16 $1,335,019
120-179 2 $164,679 4 $345,876 22 $1,764,075 28 $2,274,630
180-269 3 $204,292 4 $190,742 33 $2,865,525 40 $3,260,559
270-359 0 $0 5 $599,458 12 $978,889 17 $1,578,347
360+ 8 $808,328 20 $2,240,913 46 $4,317,198 74 $7,366,439
REO 5 $425,283 21 $1,460,828 39 $2,815,362 65 $4,701,473
90+REO 18 $1,602,582 55 $4,971,760 167 $13,942,125 $240 $20,516,467
===================================================================================================================================
LOSS TO DATE
% to Original Pool 2.45% $480,898 4.09% $4,876,560 2.85% $6,933,101 3.21% $12,290,559
Balance Severity 54.04% 45.02% 43.20% 44.26%
===================================================================================================================================
LOSS TO DATE BY GRADE
A/A- 1.43% $183,318 3.03% $2,244,210 1.90% $2,921,321 2.23% $5,348,849
B 3.62% $145,613 4.94% $1,196,464 3.19% $1,831,530 3.71% $3,173,607
C 5.54% $53,057 3.19% $249,969 5.77% $952,732 4.96% $1,255,758
C- 5.01% $54,631 5.19% $89,796 6.15% $257,151 5.74% $401,578
D 6.43% $44,278 9.47% $1,096,121 8.03% $970,368 8.67% $2,110,767
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
===================================================================================================================================
</TABLE>
AS OF: NOVEMBER 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1998-A
ARM LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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 27 $2,558,139 159 $14,701,350 416 $33,090,357 602 $50,349,846
LTV/WAC 77.98% 12.20% 77.72% 13.20% 77.07% 11.91% 77.31% 12.30%
A/A- 17 $1,592,614 65 $6,600,189 211 $19,597,788 293 $27,790,591
B 7 $681,739 47 $4,584,820 124 $8,625,948 178 $13,892,507
C 0 $0 12 $1,091,684 40 $2,248,657 52 $3,340,342
C- 1 $176,683 1 $90,520 11 $777,025 13 $1,044,228
D 2 $107,103 34 $2,334,138 30 $1,840,938 66 $4,282,179
Unknown 0 $0 0 $0 0 $0 0 $0
================================================================================================================================
PAID OFF 73.47% $7,945,900 71.87% $38,175,134 60.95% $52,751,545 65.70% $98,872,579
================================================================================================================================
DELINQUENCY STATUS
CURRENT 17 $1,511,690 99 $9,794,203 324 $25,876,490 440 $37,182,383
30-59 0 $0 3 $465,639 13 $1,487,296 16 $1,952,935
60-89 1 $81,166 0 $0 6 $434,484 7 $515,650
90-119 2 $206,419 5 $493,554 5 $373,084 12 $1,073,057
120-179 2 $105,234 4 $584,652 11 $806,601 17 $1,496,487
180-269 2 $309,765 7 $673,924 15 $1,299,180 24 $2,282,869
270-359 1 $181,893 2 $189,111 8 $397,246 11 $768,250
360+ 1 $122,241 21 $1,664,290 21 $1,674,936 43 $3,461,467
REO 1 $39,730 18 $835,977 13 $741,038 32 $1,616,745
90+REO 9 $965,282 57 $4,441,508 73 $5,292,085 $139 $10,698,875
================================================================================================================================
LOSS TO DATE
% to Original Pool Balance 0.68% $73,040 7.57% $4,019,408 2.52% $2,179,407 4.17% $6,271,855
Severity 23.38% 60.37% 41.23% 51.18%
================================================================================================================================
LOSS TO DATE BY GRADE
A/A- 0.94% $65,036 8.09% $2,370,794 1.96% $995,673 3.95% $3,431,503
B 0.26% $8,004 4.21% $583,164 2.56% $579,484 2.96% $1,170,652
C 0.00% $0 11.73% $419,760 4.93% $299,246 7.41% $719,006
C- 0.00% $0 18.91% $119,049 1.37% $27,313 4.60% $146,362
D 0.00% $0 9.18% $526,641 5.39% $277,691 7.21% $804,332
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
================================================================================================================================
</TABLE>
AS OF: NOVEMBER 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1998-B
ARM LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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 86 $7,540,327 389 $42,458,114 1048 $82,779,010 1523 $132,777,451
LTV/WAC 77.87% 12.35% 80.41% 12.69% 78.08% 11.87% 78.82% 12.16%
A/A- 41 $3,924,194 229 $27,426,213 509 $46,607,299 779 $77,957,706
B 27 $2,465,375 88 $9,068,089 352 $26,158,103 467 $37,691,567
C 9 $592,536 28 $2,212,732 98 $5,012,515 135 $7,817,782
C- 4 $279,649 3 $184,869 24 $1,380,587 31 $1,845,105
D 5 $278,573 41 $3,566,211 65 $3,620,507 111 $7,465,291
Unknown 0 $0 0 $0 0 $0 0 $0
================================================================================================================================
PAID OFF 64.09% $13,267,700 66.30% $84,995,593 62.73% $141,489,847 64.03% $239,753,140
================================================================================================================================
DELINQUENCY STATUS
CURRENT 70 $6,324,216 272 $30,377,711 807 $64,080,349 1149 $100,782,276
30-59 1 $72,269 6 $834,831 30 $2,789,968 37 $3,697,068
60-89 2 $85,582 11 $1,007,003 14 $1,232,633 27 $2,325,218
90-119 1 $29,894 11 $1,094,246 15 $989,141 27 $2,113,281
120-179 4 $254,606 17 $1,932,165 34 $2,803,124 55 $4,989,895
180-269 2 $168,587 14 $1,193,728 31 $1,969,663 47 $3,331,978
270-359 0 $0 7 $712,712 12 $1,020,083 19 $1,732,795
360+ 3 $278,473 27 $3,134,632 52 $4,643,531 82 $8,056,636
REO 3 $326,701 24 $2,171,086 53 $3,250,518 80 $5,748,305
90+REO 13 $1,058,261 100 $10,238,569 197 $14,676,060 $310 $25,972,890
================================================================================================================================
LOSS TO DATE
% to Original Pool Balance 1.13% $234,868 3.96% $5,080,460 2.99% $6,740,968 3.22% $12,056,296
Severity 37.80% 45.25% 42.97% 43.78%
================================================================================================================================
LOSS TO DATE BY GRADE
A/A- 0.65% $72,583 3.21% $2,695,168 2.03% $2,648,846 2.40% $5,416,597
B 1.05% $64,244 3.54% $889,018 3.24% $2,062,950 3.18% $3,016,212
C 2.13% $43,141 5.71% $408,276 7.44% $1,043,706 6.44% $1,495,123
C- 0.00% $0 6.21% $61,692 2.70% $117,597 2.99% $179,289
D 6.89% $54,899 9.26% $1,026,306 6.78% $867,869 7.90% $1,949,074
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
================================================================================================================================
</TABLE>
AS OF: NOVEMBER 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1998-C
ARM LOANS
<TABLE>
<CAPTION>
Retail Correspondent Broker Total
Category # $ # $ # $ # $
==================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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 76 $8,122,799 263 $29,815,881 802 $66,384,202 1141 $104,322,881
LTV/WAC 79.38% 11.35% 81.64% 12.02% 78.97% 11.85% 79.77% 11.86%
A/A- 43 $5,542,442 172 $21,109,573 435 $41,806,401 650 $68,458,417
B 24 $1,979,122 58 $5,686,909 244 $17,280,272 326 $24,946,302
C 5 $320,597 9 $693,894 53 $3,409,995 67 $4,424,486
C- 1 $36,600 1 $52,074 15 $1,058,543 17 $1,147,217
D 3 $244,037 23 $2,273,430 55 $2,828,991 81 $5,346,458
Unknown 0 $0 0 $0 0 $0 0 $0
==================================================================================================================================
PAID OFF 60.80% $12,846,300 60.38% $46,250,732 58.38% $94,499,142 59.17% $153,596,174
==================================================================================================================================
DELINQUENCY STATUS
CURRENT 56 $5,890,728 205 $23,195,007 638 $52,764,155 899 $81,849,890
30-59 4 $336,090 11 $1,650,122 23 $1,673,811 38 $3,660,023
60-89 3 $518,672 4 $651,902 17 $1,800,052 24 $2,970,626
90-119 1 $44,907 6 $605,099 10 $1,466,571 17 $2,116,577
120-179 4 $258,604 12 $1,009,475 24 $2,228,896 40 $3,496,975
180-269 1 $78,048 5 $744,194 17 $1,289,480 23 $2,111,722
270-359 0 $0 6 $684,083 11 $840,559 17 $1,524,642
360+ 4 $693,634 7 $938,991 40 $3,007,474 51 $4,640,099
REO 3 $302,114 7 $337,008 22 $1,313,205 32 $1,952,327
90+REO 13 $1,377,307 43 $4,318,850 124 $10,146,185 $180 $15,842,342
==================================================================================================================================
LOSS TO DATE
% to Original Pool 2.52% $532,543 1.54% $1,181,882 1.74% $2,808,843 1.74% $4,523,268
Balance Severity 43.74% 32.52% 35.43% 35.39%
==================================================================================================================================
LOSS TO DATE BY GRADE
A/A- 1.94% $286,809 0.78% $383,075 1.21% $1,223,747 1.15% $1,893,631
B 4.03% $198,034 2.65% $436,646 1.88% $822,775 2.23% $1,457,455
C 5.21% $47,700 2.48% $99,407 3.65% $297,665 3.40% $444,772
C- 0.00% $0 0.00% $0 4.25% $105,699 3.51% $105,699
D 0.00% $0 3.94% $262,754 5.58% $358,957 4.60% $621,711
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
==================================================================================================================================
</TABLE>
AS OF: NOVEMBER 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1999-1
ARM LOANS
<TABLE>
<CAPTION>
Retail Correspondent Broker Total
Category # $ # $ # $ # $
==================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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 57 $6,411,661 43 $3,892,595 1528 $133,997,695 1628 $144,301,951
LTV/WAC 78.44% 10.80% 76.80% 12.22% 77.03% 10.38% 77.08% 10.45%
A/A- 33 $4,237,908 17 $1,557,024 696 $72,188,209 746 $77,983,141
B 14 $1,320,712 8 $1,099,336 431 $35,844,987 453 $38,265,035
C 4 $374,402 3 $133,203 143 $9,397,977 150 $9,905,583
C- 0 $0 1 $59,722 46 $2,410,729 47 $2,470,451
D 6 $478,638 14 $1,043,310 212 $14,155,794 232 $15,677,742
Unknown 0 $0 0 $0 0 $0 0 $0
==================================================================================================================================
PAID OFF 39.80% $4,291,650 33.75% $2,014,450 26.91% $49,820,380 27.80% $56,126,480
==================================================================================================================================
DELINQUENCY STATUS
CURRENT 47 $5,613,287 38 $3,253,465 1251 $113,190,700 1336 $122,057,452
30-59 1 $146,218 3 $557,522 40 $2,925,519 44 $3,629,259
60-89 1 $37,413 1 $39,432 26 $2,012,706 28 $2,089,551
90-119 1 $38,398 0 $0 27 $2,172,813 28 $2,211,211
120-179 1 $194,746 0 $0 36 $3,047,084 37 $3,241,830
180-269 3 $217,559 0 $0 48 $3,111,033 51 $3,328,592
270-359 2 $112,121 0 $0 30 $2,429,395 32 $2,541,516
360+ 1 $51,919 0 $0 31 $2,041,895 32 $2,093,814
REO 0 $0 1 $42,176 39 $3,066,550 40 $3,108,726
90+REO 8 $614,743 1 $42,176 211 $15,868,770 $220 $16,525,689
==================================================================================================================================
LOSS TO DATE
% to Original Pool 0.25% $27,439 0.33% $19,632 1.00% $1,851,408 0.94% $1,898,479
Balance Severity 36.01% 23.50% 37.21% 36.97%
==================================================================================================================================
LOSS TO DATE BY GRADE
A/A- 0.00% $0 0.00% $0 0.51% $482,327 0.46% $482,327
B 0.09% $2,063 0.00% $0 0.71% $345,697 0.67% $347,760
C 4.23% $25,375 0.00% $0 2.23% $327,357 2.26% $352,732
C- 0.00% $0 0.00% $0 1.48% $67,865 1.43% $67,865
D 0.00% $0 1.18% $19,632 2.83% $628,163 2.61% $647,795
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
==================================================================================================================================
</TABLE>
AS OF: NOVEMBER 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1999-2
ARM LOANS
<TABLE>
<CAPTION>
Retail Correspondent Broker Total
Category # $ # $ # $ # $
==================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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 38 $3,440,341 83 $9,333,276 1506 $130,651,544 1627 $143,425,162
LTV/WAC 71.95% 10.51% 81.25% 9.88% 79.52% 10.38% 79.45% 10.35%
A/A- 17 $1,761,833 45 $5,602,450 754 $76,871,922 816 $84,236,205
B 8 $798,666 24 $2,581,439 441 $33,762,851 473 $37,142,955
C 2 $112,201 10 $843,197 125 $9,297,352 137 $10,252,751
C- 5 $310,093 3 $220,784 36 $2,488,767 44 $3,019,644
D 6 $457,548 1 $85,406 149 $8,111,819 156 $8,654,773
Unknown 0 $0 0 $0 0 $0 0 $0
==================================================================================================================================
PAID OFF 31.21% $1,571,300 23.15% $2,837,585 13.45% $20,433,848 14.68% $24,842,733
==================================================================================================================================
STATUS
CURRENT 31 $2,976,173 74 $8,295,429 1249 $109,844,286 1354 $121,115,888
30-59 3 $167,459 2 $193,824 57 $4,189,447 62 $4,550,730
60-89 0 $0 3 $335,749 27 $2,848,709 30 $3,184,458
90-119 1 $57,392 1 $173,673 16 $1,120,397 18 $1,351,462
120-179 0 $0 1 $194,140 31 $2,180,281 32 $2,374,421
180-269 2 $186,033 1 $64,055 48 $3,636,379 51 $3,886,467
270-359 0 $0 0 $0 36 $3,554,949 36 $3,554,949
360+ 1 $53,283 0 $0 18 $1,518,394 19 $1,571,677
REO 0 $0 1 $76,407 24 $1,758,703 25 $1,835,110
90+REO 4 $296,708 4 $508,275 173 $13,769,103 $181 $14,574,086
==================================================================================================================================
LOSS TO DATE
% to Original 0.00% $0 0.96% $117,954 0.64% $974,545 0.65% $1,092,499
Severity 0.00% 40.92% 38.91% 39.12%
==================================================================================================================================
LOSS TO DATE BY GRADE
A/A- 0.00% $0 0.46% $31,081 0.30% $261,092 0.30% $292,173
B 0.00% $0 0.00% $0 0.79% $312,067 0.71% $312,067
C 0.00% $0 2.07% $25,154 1.48% $168,869 1.51% $194,023
C- 0.00% $0 0.00% $0 0.48% $14,845 0.41% $14,845
D 0.00% $0 13.67% $61,720 2.00% $217,672 2.33% $279,392
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
==================================================================================================================================
</TABLE>
As of: November 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1994-A
FIXED RATE LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
=======================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 334 $11,608,770 6 $219,100 0 $0 340 $11,827,870
LTV/WAC 50.65% 10.72% 60.44% 11.28% 0.00% 0.00% 50.83% 10.73%
NON/2-4 7.25% 4.36% 0.00% 0.00% 0.00% 0.00% 7.12% 4.28%
Low/NIV 0.48% 10.87% 0.00% 60.61% 0.00% 0.00% 0.47% 11.79%
A/A- 20 $630,000 0 $0 0 $0 20 $630,000
B 104 $3,623,440 2 $86,200 0 $0 106 $3,709,640
C 39 $1,581,150 0 $0 0 $0 39 $1,581,150
C- 20 $705,725 1 $46,600 0 $0 21 $752,325
D 76 $2,596,655 0 $0 0 $0 76 $2,596,655
Unknown 75 $2,471,800 3 $86,300 0 $0 78 $2,558,100
=======================================================================================================================
REMAINING POOL 58 $1,609,672 3 $109,942 0 $0 61 $1,719,614
LTV/WAC 52.13% 10.67% 59.91% 11.21% 0.00% 0.00% 52.62% 10.70%
A/A- 3 $59,908 0 $0 0 $0 3 $59,908
B 24 $564,197 1 $58,896 0 $0 25 $623,093
C 8 $262,599 0 $0 0 $0 8 $262,599
C- 1 $38,797 1 $35,010 0 $0 2 $73,807
D 12 $346,550 0 $0 0 $0 12 $346,550
Unknown 10 $337,621 1 $16,035 0 $0 11 $353,656
=======================================================================================================================
PAID OFF 81.02% $9,405,165 40.76% $89,300 0.00% $0 80.27% $9,494,465
=======================================================================================================================
DELINQUENCY STATUS
CURRENT 57 $1,598,071 3 $109,942 0 $0 60 $1,708,013
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 1 $11,601 0 $0 0 $0 1 $11,601
180-269 0 $0 0 $0 0 $0 0 $0
270-359 0 $0 0 $0 0 $0 0 $0
360+ 0 $0 0 $0 0 $0 0 $0
REO 0 $0 0 $0 0 $0 0 $0
90+REO 1 $11,601 - $0 - $0 $1 $11,601
=======================================================================================================================
LOSS TO DATE
% to Original Pool Balance 0.29% $33,295 0.00% $0 0.00% $0 0.28% $33,295
Severity 8.47% 0.00% 0.00% 8.47%
=======================================================================================================================
LOSS TO DATE BY GRADE
A/A- 0.00% $0 0.00% $0 0.00% $0 0.00% $0
B 0.35% $12 ,778 0.00 $0 0.00 $0 0.4% $12,778
C 0.26% $4,190 0.00% $0 0.00% $0 0.26% $4,190
C- -1.10% ($7,743) 0.00% $0 0.00% $0 -1.03% ($7,743)
D -0.07% ($1,704) 0.00% $0 0.00% $0 -0.07% ($1,704)
Unknown 1.04% $25,773 0.00% $0 0.00% $0 1.01% $25,773
=======================================================================================================================
</TABLE>
AS OF: NOVEMBER 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1994-B
FIXED RATE LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
===============================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 476 $17,797,985 25 $1,930,050 0 $0 501 $19,728,035
LTV/WAC 54.73% 11.02% 57.62% 10.86% 0.00% 0.00% 55.01% 11.00%
NON/2-4 7.47% 2.86% 0.00% 0.00% 0.00% 0.00% 6.74% 2.58%
Low/NIV 0.00% 0.00% 8.81% 28.81% 0.00% 0.00% 0.86% 2.82%
A/A- 142 $5,490,200 5 $361,950 0 $0 147 $5,852,150
B 102 $3,884,745 1 $112,500 0 $0 103 $3,997,245
C 85 $3,167,250 1 $105,000 0 $0 86 $3,272,250
C- 16 $502,200 3 $221,700 0 $0 19 $723,900
D 130 $4,729,590 4 $306,500 0 $0 134 $5,036,090
Unknown 1 $24,000 11 $822,400 0 $0 12 $846,400
===============================================================================================================================
REMAINING POOL 84 $2,227,425 7 $457,511 0 $0 91 $2,684,937
LTV/WAC 55.25% 10.86% 60.12% 10.38% 0.00% 0.00% 56.08% 10.77%
A/A- 25 $662,558 2 $112,677 0 $0 27 $775,235
B 17 $404,630 1 $106,423 0 $0 18 $511,053
C 16 $386,181 0 $0 0 $0 16 $386,181
C- 1 $23,074 1 $50,635 0 $0 2 $73,708
D 24 $728,752 2 $98,352 0 $0 26 $827,104
Unknown 1 $22,230 1 $89,425 0 $0 2 $111,655
===============================================================================================================================
PAID OFF 83.18% $14,805,240 74.15% $1,431,200 0.00% $0 82.30% $16,236,440
===============================================================================================================================
DELINQUENCY STATUS
CURRENT 80 $2,118,134 7 $457,511 0 $0 87 $2,575,645
30-59 1 $28,556 0 $0 0 $0 1 $28,556
60-89 1 $12,037 0 $0 0 $0 1 $12,037
90-119 0 $0 0 $0 0 $0 0 $0
120-179 0 $0 0 $0 0 $0 0 $0
180-269 1 $6,899 0 $0 0 $0 1 $6,899
270-359 1 $61,800 0 $0 0 $0 1 $61,800
360+ 0 $0 0 $0 0 $0 0 $0
REO 0 $0 0 $0 0 $0 0 $0
90+REO 2 $68,699 - $0 - $0 $2 $68,699
===============================================================================================================================
LOSS TO DATE
% to Original Pool Balance 1.12% $200,161 0.00% $0 0.00% $0 1.01% $200,161
Severity 36.72% 0.00% 0.00% 36.72%
===============================================================================================================================
LOSS TO DATE BY GRADE
A/A- 0.00% $0 0.00% $0 0.00% $0 0.00% $0
B 1.46% $56,674 0.00% $0 0.00% $0 1.42% $56,674
C 1.02% $32,182 0.00% $0 0.00% $0 0.98% $32,182
C- 0.00% $0 0.00% $0 0.00% $0 0.00% $0
D 2.35% $111,305 0.00% $0 0.00% $0 2.21% $111,305
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
===============================================================================================================================
</TABLE>
AS OF: NOVEMBER 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1994-C
FIXED RATE LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
==================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 713 $25,077,750 131 $7,834,805 0 $0 844 $32,912,555
LTV/WAC 54.04% 11.73% 63.97% 12.22% 0.00% 0.00% 56.41% 11.84%
NON/2-4 6.93% 4.50% 3.54% 8.53% 0.00% 0.00% 6.13% 5.46%
Low/NIV 18.02% 21.53% 0.35% 2.80% 0.00% 0.00% 13.82% 17.07%
A/A- 240 $9,276,640 36 $2,425,695 0 $0 276 $11,702,335
B 65 $2,726,585 13 $867,440 0 $0 78 $3,594,025
C 169 $5,819,950 29 $1,696,075 0 $0 198 $7,516,025
C- 28 $693,600 21 $1,504,166 0 $0 49 $2,197,766
D 207 $6,447,800 32 $1,341,429 0 $0 239 $7,789,229
Unknown 4 $113,175 0 $0 0 $0 4 $113,175
==================================================================================================================================
REMAINING POOL 113 $3,682,110 18 $1,178,453 0 $0 131 $4,860,563
LTV/WAC 54.31% 11.42% 66.16% 11.56% 0.00% 0.00% 57.18% 11.45%
A/A- 47 $1,567,962 7 $433,513 0 $0 54 $2,001,476
B 15 $506,134 4 $377,527 0 $0 19 $883,662
C 21 $627,534 0 $0 0 $0 21 $627,534
C- 3 $61,167 4 $275,493 0 $0 7 $336,660
D 27 $919,313 3 $91,919 0 $0 30 $1,011,232
Unknown 0 $0 0 $0 0 $0 0 $0
==================================================================================================================================
PAID OFF 82.67% $20,731,250 84.10% $6,589,430 0.00% $0 83.01% $27,320,680
==================================================================================================================================
DELINQUENCY STATUS
CURRENT 109 $3,552,278 16 $1,100,926 0 $0 125 $4,653,204
30-59 1 $17,233 0 $0 0 $0 1 $17,233
60-89 0 $0 1 $18,581 0 $0 1 $18,581
90-119 1 $82,938 0 $0 0 $0 1 $82,938
120-179 0 $0 0 $0 0 $0 0 $0
180-269 1 $9,764 0 $0 0 $0 1 $9,764
270-359 0 $0 1 $58,946 0 $0 1 $58,946
360+ 1 $19,898 0 $0 0 $0 1 $19,898
REO 0 $0 0 $0 0 $0 0 $0
90+REO 3 $112,600 1 $58,946 - $0 $4 $171,546
==================================================================================================================================
LOSS TO DATE
% to Original Pool Balance 1.25% $313,172 3.45% $270,155 0.00% $0 1.77% $583,327
Severity 35.05% 54.48% 0.00% 41.98%
==================================================================================================================================
LOSS TO DATE BY GRADE
A/A- 1.91% $176,728 1.51% $36,639 0.00% $0 1.82% $213,367
B 0.00% $0 0.00% $0 0.00% $0 0.00% $0
C 0.45% $25,910 6.56% $111,275 0.00% $0 1.83% $137,185
C- 0.00% $0 1.68% $25,297 0.00% $0 1.15% $25,297
D 1.71% $110,533 7.23% $96,943 0.00% $0 2.66% $207,476
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
==================================================================================================================================
</TABLE>
AS OF: NOVEMBER 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1994-D
FIXED RATE LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
===============================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Original Pool 745 $28,574,595 75 $4,703,203 0 $0 820 $33,277,798
LTV/WAC 55.81% 11.72% 63.20% 12.15% 0.00% 0.00% 56.86% 11.78%
NON/2-4 8.60% 3.93% 0.00% 8.19% 0.00% 0.00% 7.39% 4.53%
Low/NIV 33.62% 38.89% 13.34% 33.44% 0.00% 0.00% 30.76% 38.12%
A/A- 278 $12,205,295 19 $1,263,000 0 $0 297 $13,468,295
B 64 $2,887,100 22 $1,251,650 0 $0 86 $4,138,750
C 200 $6,929,000 15 $684,350 0 $0 215 $7,613,350
C- 49 $1,752,900 13 $933,003 0 $0 62 $2,685,903
D 154 $4,800,300 6 $571,200 0 $0 160 $5,371,500
Unknown 0 $0 0 $0 0 $0 0 $0
===============================================================================================================
Remaining Pool 118 $4,437,147 15 $848,657 0 $0 133 $5,285,804
LTV/WAC 59.43% 11.32% 61.66% 11.71% 0.00% 0.00% 59.78% 11.38%
A/A- 56 $2,440,854 4 $187,560 0 $0 60 $2,628,414
B 12 $489,363 3 $113,898 0 $0 15 $603,261
C 35 $1,099,274 6 $290,428 0 $0 41 $1,389,702
C- 4 $113,468 2 $256,771 0 $0 6 $370,239
D 11 $294,188 0 $0 0 $0 11 $294,188
Unknown 0 $0 0 $0 0 $0 0 $0
===============================================================================================================
Paid Off 81.52% $23,295,395 80.63% $3,792,055 0.00% $0 81.40% $27,087,450
===============================================================================================================
Delinquency Status
CURRENT 109 $4,100,238 14 $812,115 0 $0 123 $4,912,353
30-59 5 $126,689 1 $36,543 0 $0 6 $163,232
60-89 1 $15,987 0 $0 0 $0 1 $15,987
90-119 1 $9,112 0 $0 0 $0 1 $9,112
120-179 0 $0 0 $0 0 $0 0 $0
180-269 1 $121,322 0 $0 0 $0 1 $121,322
270-359 0 $0 0 $0 0 $0 0 $0
360+ 1 $63,799 0 $0 0 $0 1 $63,799
REO 0 $0 0 $0 0 $0 0 $0
90+REO 3 $194,233 - $0 - $0 $3 $194,233
===============================================================================================================
Loss To Date
% to Original Pool Balance 0.78% $224,217 6.24% $293,461 0.00% $0 1.56% $517,678
Severity 20.41% 37.56% 0.00% 27.54%
===============================================================================================================
Loss To Date by Grade
A/A- 0.12% $14,668 14.62% $184,599 0.00% $0 1.48% $199,267
B 0.21% $5,927 0.00% $0 0.00% $0 0.14% $5,927
C 1.62% $112,040 4.71% $32,227 0.00% $0 1.89% $144,267
C- 3.15% $55,159 -1.24% ($11,543) 0.00% $0 1.62% $43,616
D 0.76% $36,423 15.44% $88,178 0.00% $0 2.32% $124,601
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
===============================================================================================================
</TABLE>
As of: November 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1995-A
FIXED RATE LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
===============================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Original Pool 531 $21,565,150 265 $15,533,351 0 $0 796 $37,098,501
LTV/WAC 54.50% 12.21% 64.23% 12.86% 0.00% 0.00% 58.57% 12.48%
NON/2-4 7.91% 2.99% 8.36% 7.67% 0.00% 0.00% 8.10% 4.95%
Low/NIV 31.27% 41.49% 14.42% 42.30% 0.00% 0.00% 24.21% 41.83%
A/A- 187 $8,145,050 76 $4,664,777 0 $0 263 $12,809,827
B 42 $1,803,400 61 $3,506,720 0 $0 103 $5,310,120
C 163 $6,658,500 56 $3,118,735 0 $0 219 $9,777,235
C- 52 $1,472,900 37 $2,797,721 0 $0 89 $4,270,621
D 84 $3,376,700 35 $1,445,398 0 $0 119 $4,822,098
Unknown 3 $108,600 0 $0 0 $0 3 $108,600
===============================================================================================================
Remaining Pool 87 $2,807,589 30 $1,494,632 0 $0 117 $4,302,221
LTV/WAC 52.85% 11.93% 65.30% 12.77% 0.00% 0.00% 57.18% 12.22%
A/A- 35 $1,144,101 11 $592,782 0 $0 46 $1,736,882
B 5 $248,161 4 $110,689 0 $0 9 $358,850
C 25 $738,283 8 $369,939 0 $0 33 $1,108,223
C- 8 $174,422 4 $344,962 0 $0 12 $519,384
D 14 $502,621 3 $76,261 0 $0 17 $578,882
Unknown 0 $0 0 $0 0 $0 0 $0
===============================================================================================================
Paid Off 84.27% $18,172,050 89.60% $13,918,631 0.00% $0 86.50% $32,090,681
===============================================================================================================
Delinquency Status
CURRENT 83 $2,638,219 22 $1,091,470 0 $0 105 $3,729,689
30-59 1 $31,761 1 $24,681 0 $0 2 $56,442
60-89 2 $69,599 1 $85,403 0 $0 3 $155,002
90-119 0 $0 0 $0 0 $0 0 $0
120-179 0 $0 2 $84,487 0 $0 2 $84,487
180-269 0 $0 0 $0 0 $0 0 $0
270-359 0 $0 0 $0 0 $0 0 $0
360+ 1 $68,010 4 $208,591 0 $0 5 $276,601
REO 0 $0 0 $0 0 $0 0 $0
90+REO 1 $68,010 6 $293,078 - $0 $7 $361,088
===============================================================================================================
Loss To Date
% to Original Pool Balance 0.70% $151,095 7.18% $1,115,837 0.00% $0 3.42% $1,266,932
Severity 18.29% 53.35% 0.00% 43.43%
===============================================================================================================
Loss To Date by Grade
A/A- 0.32% $26,090 7.09% $330,822 0.00% $0 2.79% $356,912
B 0.00% $0 3.74% $131,169 0.00% $0 2.47% $131,169
C 0.67% $44,839 10.60% $330,567 0.00% $0 3.84% $375,406
C- 0.26% $3,808 3.23% $90,259 0.00% $0 2.20% $94,067
D 2.26% $76,358 16.12% $233,020 0.00% $0 6.42% $309,378
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
===============================================================================================================
</TABLE>
As of: November 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1995-B
FIXED RATE LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
===============================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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% 6.73% 4.48%
Low/NIV 28.10% 36.30% 17.77% 52.79% 0.00% 0.00% 22.01% 46.04%
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 74 $2,746,266 41 $2,272,725 0 $0 115 $5,018,990
LTV/WAC 58.99% 11.95% 63.47% 13.38% 0.00% 0.00% 61.02% 12.60%
A/A- 30 $1,176,823 6 $447,664 0 $0 36 $1,624,487
B 17 $862,911 14 $592,977 0 $0 31 $1,455,888
C 21 $548,279 9 $438,900 0 $0 30 $987,179
C- 3 $69,960 8 $560,639 0 $0 11 $630,599
D 3 $88,292 4 $232,544 0 $0 7 $320,836
Unknown 0 $0 0 $0 0 $0 0 $0
===============================================================================================================
Paid Off 80.10% $13,128,200 89.73% $21,204,493 0.00% $0 85.79% $34,332,693
===============================================================================================================
Delinquency Status
CURRENT 71 $2,591,056 35 $1,774,672 0 $0 106 $4,365,728
30-59 2 $78,123 0 $0 0 $0 2 $78,123
60-89 1 $77,086 0 $0 0 $0 1 $77,086
90-119 0 $0 0 $0 0 $0 0 $0
120-179 0 $0 3 $170,483 0 $0 3 $170,483
180-269 0 $0 0 $0 0 $0 0 $0
270-359 0 $0 0 $0 0 $0 0 $0
360+ 0 $0 2 $103,269 0 $0 2 $103,269
REO 0 $0 1 $224,300 0 $0 1 $224,300
90+REO - $0 6 $498,052 - $0 $6 $498,052
===============================================================================================================
Loss To Date
% to Original Pool Balance 0.92% $150,595 9.75% $2,303,758 0.00% $0 6.13% $2,454,353
Severity 46.68% 59.02% 0.00% 58.08%
===============================================================================================================
Loss To Date by Grade
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 10.13% $492,172 0.00% $0 8.24% $496,492
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
===============================================================================================================
</TABLE>
As of: November 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1995-C
FIXED RATE LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
===============================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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% 6.07% 3.49%
Low/NIV 32.58% 23.17% 15.39% 47.25% 0.00% 0.00% 25.36% 33.29%
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 120 $4,111,704 41 $3,103,899 0 $0 161 $7,215,603
LTV/WAC 56.84% 11.30% 67.74% 12.56% 0.00% 0.00% 61.53% 11.84%
A/A- 55 $2,021,416 15 $1,260,894 0 $0 70 $3,282,310
B 36 $1,279,419 9 $630,589 0 $0 45 $1,910,009
C 22 $607,341 5 $168,748 0 $0 27 $776,090
C- 4 $110,385 6 $389,473 0 $0 10 $499,858
D 3 $93,143 6 $654,193 0 $0 9 $747,336
Unknown 0 $0 0 $0 0 $0 0 $0
===============================================================================================================
PAID OFF 82.97% $23,712,600 84.22% $17,440,649 0.00% $0 83.50% $41,153,249
===============================================================================================================
DELINQUENCY STATUS
CURRENT 116 $3,862,467 33 $2,338,141 0 $0 149 $6,200,608
30-59 3 $201,374 0 $0 0 $0 3 $201,374
60-89 0 $0 1 $42,863 0 $0 1 $42,863
90-119 0 $0 0 $0 0 $0 0 $0
120-179 0 $0 0 $0 0 $0 0 $0
180-269 1 $47,862 0 $0 0 $0 1 $47,862
270-359 0 $0 0 $0 0 $0 0 $0
360+ 0 $0 4 $250,607 0 $0 4 $250,607
REO 0 $0 3 $472,288 0 $0 3 $472,288
90+REO 1 $47,862 7 $722,895 - $0 $8 $770,757
===============================================================================================================
LOSS TO DATE
% to Original Pool Balance 0.49% $140,745 9.77% $2,023,880 0.00% $0 4.39% $2,164,625
Severity 19.36% 49.06% 0.00% 44.61%
===============================================================================================================
LOSS TO DATE BY GRADE
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 1.11% $55,784 10.90% $364,099 0.00% $0 5.01% $419,883
C- 0.70% $13,297 6.55% $297,427 0.00% $0 4.82% $310,724
D 0.00% $37 22.46% $963,873 0.00% $0 18.36% $963,910
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
===============================================================================================================
</TABLE>
AS OF: NOVEMBER 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1995-D
FIXED RATE LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
===============================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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% 5.18% 2.46%
Low/NIV 29.92% 15.65% 10.70% 50.73% 0.00% 0.00% 23.16% 27.99%
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 267 $10,936,765 95 $5,787,823 0 $0 362 $16,724,588
LTV/WAC 61.30% 10.27% 66.77% 12.22% 0.00% 0.00% 63.20% 10.94%
A/A- 113 $5,126,932 32 $2,247,431 0 $0 145 $7,374,362
B 60 $2,810,602 18 $1,145,533 0 $0 78 $3,956,135
C 70 $2,128,884 18 $966,620 0 $0 88 $3,095,505
C- 19 $756,609 13 $622,875 0 $0 32 $1,379,484
D 5 $113,738 14 $805,364 0 $0 19 $919,103
Unknown 0 $0 0 $0 0 $0 0 $0
===============================================================================================================
PAID OFF 78.57% $45,894,800 80.75% $25,579,255 0.00% $0 79.34% $71,474,055
===============================================================================================================
DELINQUENCY STATUS
CURRENT 258 $10,539,611 80 $5,016,994 0 $0 338 $15,556,605
30-59 4 $212,412 3 $259,761 0 $0 7 $472,173
60-89 0 $0 0 $0 0 $0 0 $0
90-119 1 $6,201 2 $85,871 0 $0 3 $92,072
120-179 1 $87,976 2 $119,714 0 $0 3 $207,690
180-269 1 $23,539 0 $0 0 $0 1 $23,539
270-359 1 $37,671 0 $0 0 $0 1 $37,671
360+ 0 $0 8 $305,482 0 $0 8 $305,482
REO 1 $29,355 0 $0 0 $0 1 $29,355
90+REO 5 $184,742 12 $511,067 - $0 $17 $695,809
===============================================================================================================
LOSS TO DATE
% to Original Pool Balance 0.41% $238,988 7.99% $2,532,275 0.00% $0 3.08% $2,771,263
Severity 20.05% 48.91% 0.00% 43.51%
===============================================================================================================
LOSS TO DATE BY GRADE
A/A- 0.07% $16,657 3.11% $275,304 0.00% $0 0.86% $291,961
B 0.72% $104,666 7.32% $372,821 0.00% $0 2.43% $477,487
C 0.06% $7,364 6.56% $407,488 0.00% $0 2.18% $414,852
C- 1.63% $69,313 11.44% $672,804 0.00% $0 7.32% $742,117
D 2.50% $40,988 14.23% $803,857 0.00% $0 11.59% $844,845
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
===============================================================================================================
</TABLE>
AS OF: NOVEMBER 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1996-A
FIXED RATE LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
===============================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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% 4.24% 4.07%
Low/NIV 38.95% 9.62% 7.82% 48.94% 0.00% 0.00% 21.09% 32.18%
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 232 $10,897,557 161 $11,148,933 0 $0 393 $22,046,491
LTV/WAC 65.69% 10.45% 66.37% 11.99% 0.00% 0.00% 66.03% 11.23%
A/A- 92 $5,106,263 50 $4,053,037 0 $0 142 $9,159,300
B 59 $2,824,051 19 $1,692,248 0 $0 78 $4,516,300
C 60 $2,423,715 19 $886,366 0 $0 79 $3,310,081
C- 14 $371,403 22 $1,286,108 0 $0 36 $1,657,510
D 7 $172,126 51 $3,231,174 0 $0 58 $3,403,299
Unknown 0 $0 0 $0 0 $0 0 $0
===============================================================================================================
PAID OFF 70.79% $30,218,200 79.63% $45,749,066 0.00% $0 75.86% $75,967,266
===============================================================================================================
DELINQUENCY STATUS
CURRENT 221 $10,466,108 130 $9,249,636 0 $0 351 $19,715,744
30-59 7 $312,403 1 $44,632 0 $0 8 $357,035
60-89 1 $41,739 2 $105,311 0 $0 3 $147,050
90-119 0 $0 0 $0 0 $0 0 $0
120-179 0 $0 2 $78,885 0 $0 2 $78,885
180-269 2 $67,245 6 $485,638 0 $0 8 $552,883
270-359 0 $0 2 $72,514 0 $0 2 $72,514
360+ 1 $10,063 12 $902,055 0 $0 13 $912,118
REO 0 $0 6 $210,264 0 $0 6 $210,264
90+REO 3 $77,308 28 $1,749,356 - $0 $31 $1,826,664
===============================================================================================================
LOSS TO DATE
% to Original Pool Balance 1.28% $545,046 6.79% $3,898,669 0.00% $0 4.44% $4,443,715
Severity 36.16% 49.13% 0.00% 47.06%
===============================================================================================================
LOSS TO DATE BY GRADE
A/A- 1.12% $191,467 4.22% $586,714 0.00% $0 2.51% $778,181
B 0.51% $60,099 4.06% $288,093 0.00% $0 1.84% $348,192
C 1.80% $147,172 4.39% $283,490 0.00% $0 2.94% $430,662
C- 2.89% $118,547 12.22% $944,606 0.00% $0 8.99% $1,063,153
D 1.98% $27,761 8.06% $1,795,767 0.00% $0 7.70% $1,823,528
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
===============================================================================================================
</TABLE>
AS OF: NOVEMBER 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1996-B
FIXED RATE LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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% 5.48% 5.60%
Low/NIV 34.30% 10.45% 6.22% 52.78% 0.00% 0.00% 20.85% 30.72%
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 327 $15,129,214 192 $13,491,319 0 $0 519 $28,620,533
LTV/WAC 63.42% 10.60% 66.98% 12.06% 0.00% 0.00% 65.10% 11.29%
A/A- 141 $8,084,151 61 $5,342,214 0 $0 202 $13,426,366
B 62 $3,338,469 26 $1,771,014 0 $0 88 $5,109,483
C 57 $1,796,626 31 $2,225,944 0 $0 88 $4,022,570
C- 32 $1,195,187 14 $659,666 0 $0 46 $1,854,853
D 18 $436,243 60 $3,492,480 0 $0 78 $3,928,723
Unknown 17 $278,538 0 $0 0 $0 17 $278,538
================================================================================================================================
PAID OFF 72.56% $45,324,065 75.63% $43,423,840 0.00% $0 74.03% $88,747,905
================================================================================================================================
DELINQUENCY STATUS
CURRENT 299 $13,985,921 132 $9,235,696 0 $0 431 $23,221,617
30-59 10 $431,051 6 $566,360 0 $0 16 $997,411
60-89 2 $24,057 7 $388,536 0 $0 9 $412,593
90-119 0 $0 4 $264,367 0 $0 4 $264,367
120-179 2 $67,913 5 $259,427 0 $0 7 $327,340
180-269 3 $124,046 2 $117,624 0 $0 5 $241,670
270-359 4 $160,437 5 $424,228 0 $0 9 $584,665
360+ 7 $335,790 24 $1,792,385 0 $0 31 $2,128,175
REO 0 $0 7 $442,696 0 $0 7 $442,696
90+REO 16 $688,186 47 $3,300,727 - $0 $63 $3,988,913
================================================================================================================================
LOSS TO DATE
% to Original Pool Balance 0.89% $555,547 9.13% $5,242,378 0.00% $0 4.84% $5,797,925
Severity 40.42% 52.51% 0.00% 51.05%
================================================================================================================================
LOSS TO DATE BY GRADE
A/A- 0.67% $174,321 3.82% $538,957 0.00% $0 1.78% $713,278
B 0.10% $14,432 7.51% $559,899 0.00% $0 2.56% $574,331
C 0.52% $52,412 8.04% $688,779 0.00% $0 3.99% $741,191
C- 2.72% $162,316 7.45% $449,354 0.00% $0 5.10% $611,670
D 1.03% $31,621 14.14% $3,005,388 0.00% $0 12.48% $3,037,009
Unknown 4.81% $120,445 0.00% $0 0.00% $0 4.81% $120,445
================================================================================================================================
</TABLE>
As of: November 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1996-C
FIXED RATE LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
===================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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% 7.06% 7.55%
Low/NIV 26.88% 23.18% 6.68% 50.43% 0.00% 13.99% 13.50% 28.98%
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 422 $17,961,260 198 $13,520,156 238 $14,832,376 858 $46,313,793
LTV/WAC 62.92% 10.40% 67.24% 12.36% 66.72% 10.47% 65.40% 11.00%
A/A- 197 $9,416,046 56 $4,487,674 146 $9,958,702 399 $23,862,421
B 107 $5,029,666 25 $1,743,798 54 $3,243,296 186 $10,016,761
C 71 $2,173,552 29 $1,827,497 38 $1,630,379 138 $5,631,428
C- 26 $784,506 19 $1,286,909 0 $0 45 $2,071,415
D 21 $557,490 69 $4,174,278 0 $0 90 $4,731,769
Unknown 0 $0 0 $0 0 $0 0 $0
===================================================================================================================================
PAID OFF 73.20% $54,826,500 73.79% $39,295,457 67.12% $31,756,543 71.74% $125,878,500
===================================================================================================================================
DELINQUENCY STATUS
CURRENT 385 $16,450,385 151 $10,675,902 213 $13,514,737 749 $40,641,024
30-59 12 $742,112 4 $172,184 5 $305,211 21 $1,219,507
60-89 2 $75,879 0 $0 2 $82,379 4 $158,258
90-119 2 $70,103 2 $180,998 2 $127,572 6 $378,673
120-179 1 $17,512 2 $92,138 2 $116,035 5 $225,685
180-269 4 $197,093 5 $290,094 3 $165,028 12 $652,215
270-359 2 $74,508 7 $307,697 1 $29,703 10 $411,908
360+ 9 $230,508 17 $1,190,259 6 $324,478 32 $1,745,245
REO 5 $103,159 10 $610,885 4 $167,234 19 $881,278
90+REO 23 $692,883 43 $2,672,071 18 $930,050 $84 $4,295,004
===================================================================================================================================
LOSS TO DATE
% to Original Pool Balance 0.66% $493,244 6.99% $3,720,969 3.65% $1,727,845 3.39% $5,942,058
Severity 38.10% 52.14% 44.45% 48.24%
===================================================================================================================================
LOSS TO DATE BY GRADE
A/A- 0.18% $64,868 1.55% $212,024 2.79% $784,833 1.38% $1,061,725
B 0.58% $111,576 2.93% $195,211 3.49% $435,160 1.93% $741,947
C 0.82% $92,205 4.92% $341,144 7.21% $479,735 3.67% $913,084
C- 1.94% $105,501 7.89% $516,776 0.00% $0 5.19% $622,277
D 3.28% $119,095 12.63% $2,455,813 25.53% $28,117 11.23% $2,603,025
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
===================================================================================================================================
</TABLE>
As of: November 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1996-D
FIXED RATE LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
=================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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% 7.11% 7.41%
Low/NIV 27.33% 13.17% 6.49% 40.53% 2.14% 43.05% 14.04% 29.74%
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 634 $30,211,638 306 $18,830,793 355 $23,997,665 1295 $73,040,095
LTV/WAC 70.15% 10.31% 68.47% 12.01% 66.90% 10.18% 68.65% 10.71%
A/A- 381 $21,076,910 101 $7,064,141 209 $16,266,772 691 $44,407,823
B 125 $5,233,828 56 $3,519,518 79 $4,894,442 260 $13,647,789
C 72 $2,234,573 57 $3,251,895 46 $1,930,407 175 $7,416,875
C- 24 $883,143 26 $1,402,426 4 $143,201 54 $2,428,770
D 32 $783,183 66 $3,592,812 17 $762,843 115 $5,138,838
Unknown 0 $0 0 $0 0 $0 0 $0
=================================================================================================================================
PAID OFF 67.03% $68,232,500 73.80% $54,255,596 62.55% $41,986,482 67.84% $164,474,578
=================================================================================================================================
DELINQUENCY STATUS
CURRENT 571 $26,946,955 211 $12,943,258 312 $21,728,779 1094 $61,618,992
30-59 21 $987,854 5 $271,092 2 $74,647 28 $1,333,593
60-89 11 $471,433 8 $745,244 2 $140,299 21 $1,356,976
90-119 5 $376,386 2 $203,848 2 $81,248 9 $661,482
120-179 6 $446,012 10 $558,931 7 $582,786 23 $1,587,729
180-269 4 $107,062 8 $498,478 4 $186,646 16 $792,186
270-359 0 $0 5 $198,875 3 $162,019 8 $360,894
360+ 14 $854,178 41 $2,498,978 14 $676,639 69 $4,029,795
REO 2 $21,757 16 $912,089 9 $364,602 27 $1,298,448
90+REO 31 $1,805,395 82 $4,871,199 39 $2,053,940 $152 $8,730,534
=================================================================================================================================
LOSS TO DATE
% to Original Pool Balance 0.70% $708,768 10.32% $7,587,447 3.30% $2,215,926 4.34% $10,512,141
Severity 41.45% 64.08% 50.17% 58.50%
=================================================================================================================================
LOSS TO DATE BY GRADE
A/A- 0.28% $180,410 7.29% $1,864,624 1.16% $467,065 1.94% $2,512,099
B 1.06% $205,676 8.36% $1,166,921 4.80% $758,642 4.34% $2,131,239
C 1.06% $102,413 12.19% $1,590,149 9.11% $633,635 7.84% $2,326,197
C- 2.26% $84,377 11.49% $611,376 7.95% $83,065 7.71% $778,818
D 2.73% $135,892 15.06% $2,354,377 8.51% $273,518 11.60% $2,763,787
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
=================================================================================================================================
</TABLE>
As of: November 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1997-A
FIXED RATE LOANS
<TABLE>
<CAPTION>
Retail Correspondent Broker Total
Category # $ # $ # $ # $
====================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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% 7.33% 6.12%
Low/NIV 24.60% 4.89% 7.48% 42.04% 5.11% 40.66% 15.75% 22.37%
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 820 $41,388,033 243 $14,521,009 352 $24,759,675 1415 $80,668,717
LTV/WAC 70.12% 10.00% 70.28% 11.52% 66.94% 9.92% 69.17% 10.25%
A/A- 476 $28,357,961 72 $5,877,401 224 $17,299,352 772 $51,534,714
B 198 $8,505,765 63 $4,136,856 75 $4,797,961 336 $17,440,582
C 86 $2,590,298 50 $2,169,883 31 $1,447,575 167 $6,207,756
C- 21 $568,459 11 $376,179 4 $292,765 36 $1,237,404
D 39 $1,365,551 47 $1,960,689 18 $922,022 104 $4,248,262
Unknown 0 $0 0 $0 0 $0 0 $0
====================================================================================================================================
PAID OFF 59.68% $67,243,100 67.25% $31,833,578 54.44% $30,925,915 59.96% $130,002,593
====================================================================================================================================
DELINQUENCY STATUS
CURRENT 762 $38,699,283 190 $11,251,539 318 $22,505,208 1270 $72,456,030
30-59 10 $354,224 5 $510,146 8 $339,190 23 $1,203,560
60-89 6 $263,729 2 $60,699 2 $206,108 10 $530,536
90-119 0 $0 2 $48,058 1 $78,302 3 $126,360
120-179 9 $437,013 4 $155,494 2 $145,144 15 $737,651
180-269 6 $186,775 7 $299,966 7 $448,380 20 $935,121
270-359 4 $259,624 6 $250,358 2 $61,286 12 $571,268
360+ 16 $873,383 21 $1,556,239 5 $268,462 42 $2,698,084
REO 7 $314,003 6 $388,511 7 $707,595 20 $1,410,109
90+REO 42 $2,070,798 46 $2,698,626 24 $1,709,169 $112 $6,478,593
====================================================================================================================================
LOSS TO DATE
% to Original Pool 1.31% $1,478,288 6.55% $3,099,519 3.17% $1,800,167 2.94% $6,377,974
Balance Severity 47.99% 63.76% 37.56% 50.08%
====================================================================================================================================
LOSS TO DATE BY GRADE
A/A- 0.54% $376,499 3.56% $644,681 1.69% $614,557 1.32% $1,635,737
B 1.27% $326,664 4.97% $573,946 3.11% $380,034 2.59% $1,280,644
C 2.56% $236,348 9.04% $678,669 9.64% $409,781 6.31% $1,324,798
C- 2.98% $64,570 17.75% $427,136 5.41% $59,473 9.72% $551,179
D 8.41% $474,207 10.03% $775,087 11.40% $336,322 9.72% $1,585,616
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
====================================================================================================================================
</TABLE>
As of: November 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1997-B
FIXED RATE LOANS
<TABLE>
<CAPTION>
Retail Correspondent Broker Total
Category # $ # $ # $ # $
====================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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% 5.67% 6.29%
Low/NIV 23.71% 13.49% 6.43% 38.46% 2.31% 37.84% 14.36% 25.54%
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 709 $34,041,334 308 $18,547,116 267 $19,456,731 1284 $72,045,181
LTV/WAC 69.85% 10.16% 68.70% 10.69% 70.22% 9.80% 69.65% 10.20%
A/A- 409 $22,591,502 146 $9,530,993 182 $14,591,186 737 $46,713,681
B 174 $7,475,380 90 $5,547,434 53 $3,526,217 317 $16,549,031
C 83 $2,742,342 52 $2,453,935 15 $784,285 150 $5,980,562
C- 20 $538,645 7 $325,959 5 $152,593 32 $1,017,197
D 22 $647,808 13 $688,795 12 $402,451 47 $1,739,053
Unknown 0 $45,657 0 $0 0 $0 1 $45,657
====================================================================================================================================
PAID OFF 61.75% $60,124,900 62.03% $31,598,399 51.80% $21,742,125 59.63% $113,465,424
====================================================================================================================================
DELINQUENCY STATUS
CURRENT 661 $31,678,149 278 $16,686,743 232 $17,294,512 1171 $65,659,404
30-59 16 $766,966 1 $29,925 6 $623,751 23 $1,420,642
60-89 2 $63,393 1 $29,619 4 $293,313 7 $386,325
90-119 4 $202,821 4 $205,147 3 $76,366 11 $484,334
120-179 5 $242,445 5 $259,826 2 $73,692 12 $575,963
180-269 4 $216,277 4 $298,574 4 $274,618 12 $789,469
270-359 2 $140,511 1 $45,380 2 $73,891 5 $259,782
360+ 12 $612,268 9 $594,130 9 $487,089 30 $1,693,487
REO 3 $118,504 5 $397,773 5 $259,500 13 $775,777
90+REO 30 $1,532,826 28 $1,800,830 25 $1,245,156 $83 $4,578,812
====================================================================================================================================
LOSS TO DATE
% to Original Pool 1.22% $1,191,945 3.21% $1,633,014 4.02% $1,685,750 2.37% $4,510,709
Balance Severity 39.28% 62.95% 48.25% 49.45%
====================================================================================================================================
LOSS TO DATE BY GRADE
A/A- 0.67% $408,365 1.56% $389,840 2.80% $747,797 1.37% $1,546,002
B 1.58% $343,792 3.50% $490,701 5.34% $503,001 2.96% $1,337,494
C 2.51% $212,261 5.97% $409,641 7.58% $232,114 4.65% $854,016
C- 3.75% $93,504 3.41% $50,959 4.85% $42,111 3.84% $186,574
D 3.76% $134,022 8.18% $291,873 8.20% $160,727 6.45% $586,622
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
====================================================================================================================================
</TABLE>
As of: November 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1997-C
FIXED RATE LOANS
<TABLE>
<CAPTION>
Retail Correspondent Broker Total
Category # $ # $ # $ # $
====================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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% 5.68% 7.63%
Low/NIV 26.08% 12.93% 4.28% 25.52% 1.16% 37.99% 14.99% 21.76%
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 752 $36,289,878 219 $16,794,084 302 $18,886,124 1273 $71,970,085
LTV/WAC 71.77% 10.49% 77.41% 10.74% 72.10% 10.12% 73.17% 10.45%
A/A- 430 $24,164,897 135 $11,182,216 192 $13,361,067 757 $48,708,180
B 182 $7,994,330 49 $4,002,343 66 $3,872,822 297 $15,869,495
C 86 $2,497,363 16 $865,227 23 $911,441 125 $4,274,031
C- 28 $890,763 7 $328,122 5 $156,317 40 $1,375,202
D 26 $742,524 12 $416,176 16 $584,478 54 $1,743,178
Unknown 0 $0 0 $0 0 $0 0 $0
====================================================================================================================================
PAID OFF 57.97% $53,994,100 60.82% $26,940,853 51.46% $20,797,854 57.20% $101,732,807
====================================================================================================================================
DELINQUENCY STATUS
CURRENT 667 $31,497,958 185 $14,185,083 253 $15,918,343 1105 $61,601,384
30-59 18 $796,459 3 $263,221 5 $239,904 26 $1,299,584
60-89 5 $398,075 1 $123,493 3 $127,319 9 $648,887
90-119 10 $914,968 3 $171,087 3 $234,661 16 $1,320,716
120-179 8 $271,370 7 $312,686 6 $405,354 21 $989,410
180-269 10 $730,538 6 $607,200 6 $307,247 22 $1,644,985
270-359 4 $236,721 3 $291,959 0 $0 7 $528,680
360+ 17 $756,584 7 $562,011 13 $810,381 37 $2,128,976
REO 13 $687,205 4 $277,344 13 $842,914 30 $1,807,463
90+REO 62 $3,597,386 30 $2,222,287 41 $2,600,557 $133 $8,420,230
====================================================================================================================================
LOSS TO DATE
% to Original Pool 1.44% $1,340,402 4.42% $1,959,131 2.99% $1,209,343 2.54% $4,508,876
Balance Severity 48.86% 57.03% 47.30% 51.62%
====================================================================================================================================
LOSS TO DATE BY GRADE
A/A- 0.74% $431,007 3.45% $975,062 1.81% $482,691 1.67% $1,888,760
B 2.01% $402,800 6.07% $565,201 3.17% $254,191 3.27% $1,222,192
C 2.94% $253,350 6.65% $252,275 7.62% $223,417 4.75% $729,042
C- 2.07% $55,204 0.00% $0 5.16% $37,367 2.24% $92,571
D 5.44% $198,041 7.71% $166,593 10.11% $211,677 7.30% $576,311
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
====================================================================================================================================
</TABLE>
As of: November 2000
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1997-D
FIXED RATE LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
===================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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% 6.74% 7.27%
Low/NIV 30.46% 11.27% 2.43% 29.57% 2.63% 36.51% 19.06% 20.23%
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 1133 $56,677,659 249 $19,369,899 410 $25,353,631 1792 $101,401,188
LTV/WAC 69.44% 10.38% 78.27% 10.44% 71.44% 10.17% 71.63% 10.34%
A/A- 649 $39,868,639 156 $13,785,095 240 $17,215,660 1045 $70,869,394
B 248 $10,077,044 61 $3,868,830 107 $5,869,570 416 $19,815,444
C 119 $3,436,676 15 $845,203 32 $1,055,460 166 $5,337,339
C- 60 $1,720,371 5 $287,790 12 $513,013 77 $2,521,174
D 57 $1,574,928 12 $582,981 19 $699,928 88 $2,857,837
Unknown 0 $0 0 $0 0 $0 0 $0
===================================================================================================================================
PAID OFF 53.04% $68,902,300 53.86% $23,002,944 44.42% $20,853,043 51.36% $112,758,287
===================================================================================================================================
DELINQUENCY STATUS
CURRENT 1030 $51,001,147 212 $16,396,121 346 $21,878,061 1588 $89,275,329
30-59 20 $1,108,510 4 $272,989 10 $454,238 34 $1,835,737
60-89 13 $1,080,944 1 $150,894 4 $244,971 18 $1,476,809
90-119 7 $283,041 1 $31,642 3 $261,924 11 $576,607
120-179 12 $765,719 7 $289,430 3 $101,554 22 $1,156,703
180-269 14 $768,745 3 $300,886 6 $317,032 23 $1,386,663
270-359 9 $341,867 3 $235,408 9 $727,247 21 $1,304,522
360+ 19 $975,224 13 $1,350,162 12 $775,661 44 $3,101,047
REO 9 $352,462 5 $342,368 17 $592,942 31 $1,287,772
90+REO 70 $3,487,058 32 $2,549,896 50 $2,776,360 $152 $8,813,314
===================================================================================================================================
LOSS TO DATE
% to Original Pool Balance 1.86% $2,418,381 7.29% $3,113,911 3.75% $1,760,306 3.32% $7,292,598
Severity 52.83% 61.43% 60.20% 58.01%
===================================================================================================================================
LOSS TO DATE BY GRADE
A/A- 0.77% $642,402 5.06% $1,455,989 2.06% $576,713 1.91% $2,675,104
B 2.21% $580,356 7.08% $595,994 3.42% $420,829 3.40% $1,597,179
C 5.39% $521,332 17.50% $408,675 13.49% $363,650 8.80% $1,293,657
C- 2.20% $117,726 1.08% $6,881 2.33% $23,478 2.12% $148,085
D 10.00% $556,566 25.50% $646,372 13.05% $375,635 14.38% $1,578,573
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
===================================================================================================================================
As of: November 2000
</TABLE>
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1998-A
FIXED RATE LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
==================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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% 6.08% 5.11%
Low/NIV 28.09% 15.18% 4.05% 28.22% 1.68% 40.20% 16.11% 23.90%
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 831 $37,945,053 271 $23,310,989 288 $19,837,777 1390 $81,093,820
LTV/WAC 70.30% 10.39% 79.91% 10.15% 73.79% 9.92% 73.91% 10.21%
A/A- 469 $27,531,214 171 $17,200,621 181 $14,541,974 821 $59,273,809
B 168 $5,920,985 54 $3,753,302 69 $3,912,696 291 $13,586,984
C 63 $1,705,061 25 $1,319,477 21 $802,918 109 $3,827,455
C- 85 $1,607,277 3 $67,764 3 $81,859 91 $1,756,900
D 46 $1,180,517 18 $969,825 14 $498,330 78 $2,648,672
Unknown 0 $0 0 $0 0 $0 0 $0
==================================================================================================================================
PAID OFF 47.69% $37,633,939 41.31% $16,841,831 34.92% $10,963,668 43.31% $65,439,438
==================================================================================================================================
DELINQUENCY STATUS
CURRENT 764 $35,056,399 227 $19,800,031 250 $17,870,306 1241 $72,726,736
30-59 13 $376,790 6 $473,264 6 $348,239 25 $1,198,293
60-89 4 $166,127 5 $556,375 3 $199,486 12 $921,988
90-119 7 $266,214 2 $199,572 0 $0 9 $465,786
120-179 5 $257,032 6 $703,826 3 $115,947 14 $1,076,805
180-269 5 $174,159 6 $320,482 7 $341,066 18 $835,707
270-359 6 $234,058 6 $258,991 0 $0 12 $493,049
360+ 19 $1,169,526 8 $601,732 13 $805,175 40 $2,576,433
REO 8 $244,748 5 $396,716 6 $157,558 19 $799,022
90+REO 50 $2,345,737 33 $2,481,319 29 $1,419,746 $112 $6,246,802
==================================================================================================================================
LOSS TO DATE
% to Original Pool Balance 1.70% $1,340,995 5.64% $2,301,525 4.28% $1,343,875 3.30% $4,986,395
Severity 64.54% 52.84% 52.13% 55.34%
==================================================================================================================================
LOSS TO DATE BY GRADE
A/A- 0.96% $494,636 4.21% $1,149,322 2.01% $407,734 2.07% $2,051,692
B 3.49% $457,317 7.61% $566,289 6.58% $509,817 5.42% $1,533,423
C 3.20% $175,240 8.95% $317,981 6.72% $117,746 5.67% $610,967
C- 0.21% $11,219 7.19% $28,939 17.48% $71,321 1.84% $111,479
D 5.71% $202,583 11.37% $238,995 19.91% $237,257 9.92% $678,835
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
==================================================================================================================================
As of: November 2000
</TABLE>
<PAGE>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1998-B
FIXED RATE LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
=================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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% 5.55% 6.33%
Low/NIV 20.71% 13.00% 3.96% 19.03% 1.57% 37.89% 10.79% 22.44%
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 1202 $60,703,169 367 $34,922,861 696 $51,553,697 2265 $147,179,728
LTV/WAC 71.23% 10.36% 81.80% 9.83% 75.41% 9.85% 75.20% 10.05%
A/A- 639 $40,184,113 264 $27,070,483 406 $33,673,148 1309 $100,927,744
B 321 $13,335,263 66 $5,616,543 216 $14,814,716 603 $33,766,522
C 114 $3,679,706 19 $1,282,414 40 $1,514,927 173 $6,477,047
C- 68 $1,850,605 1 $48,895 8 $360,274 77 $2,259,775
D 60 $1,653,482 17 $904,526 26 $1,190,632 103 $3,748,641
Unknown 0 $0 0 $0 0 $0 0 $0
=================================================================================================================================
PAID OFF 43.15% $49,065,840 34.65% $19,019,180 34.78% $28,378,106 38.56% $96,463,126
=================================================================================================================================
DELINQUENCY STATUS
CURRENT 1090 $55,194,500 331 $31,939,245 606 $45,595,870 2027 $132,729,615
30-59 23 $1,018,405 4 $525,689 18 $1,067,974 45 $2,612,068
60-89 7 $414,483 3 $166,183 5 $271,505 15 $852,171
90-119 11 $381,350 3 $104,371 7 $344,198 21 $829,919
120-179 11 $703,130 2 $106,547 11 $683,923 24 $1,493,600
180-269 9 $433,831 9 $839,125 13 $828,317 31 $2,101,273
270-359 9 $480,893 4 $193,823 9 $887,037 22 $1,561,753
360+ 24 $1,280,196 5 $416,638 12 $1,130,167 41 $2,827,001
REO 18 $796,381 6 $631,240 15 $744,705 39 $2,172,326
90+REO 82 $4,075,781 29 $2,291,744 67 $4,618,347 $178 $10,985,872
=================================================================================================================================
LOSS TO DATE
% to Original Pool Balance 1.40% $1,588,197 3.03% $1,664,383 3.33% $2,715,294 2.39% $5,967,874
Severity 49.09% 55.31% 47.85% 50.07%
=================================================================================================================================
LOSS TO DATE BY GRADE
A/A- 0.64% $446,233 2.17% $869,339 2.23% $1,079,746 1.52% $2,395,318
B 2.29% $590,526 2.94% $261,213 3.38% $856,728 2.85% $1,708,467
C 3.29% $300,545 8.40% $205,912 9.48% $423,175 5.79% $929,632
C- 1.32% $64,626 15.20% $39,053 0.00% $0 1.79% $103,679
D 4.07% $186,267 9.14% $288,867 13.03% $355,645 7.94% $830,779
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
=================================================================================================================================
</TABLE>
As of: November 2000
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1998-C
FIXED RATE LOANS
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
==================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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% 4.47% 5.35%
Low/NIV 16.18% 9.48% 1.12% 18.11% 1.89% 31.25% 8.97% 18.48%
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 2136 $118,496,575 407 $38,390,339 1325 $101,266,953 3868 $258,153,867
LTV/WAC 72.87% 9.82% 80.91% 10.01% 74.13% 9.74% 74.56% 9.82%
A/A- 1381 $87,110,479 270 $28,696,299 769 $68,617,283 2420 $184,424,061
B 460 $21,263,166 74 $5,762,682 374 $24,573,534 908 $51,599,383
C 150 $5,224,891 25 $1,265,717 94 $4,257,982 269 $10,748,591
C- 66 $2,433,783 4 $305,805 19 $683,214 89 $3,422,802
D 79 $2,464,256 34 $2,359,836 69 $3,134,939 182 $7,959,031
Unknown 0 $0 0 $0 0 $0 0 $0
==================================================================================================================================
PAID OFF 36.35% $71,107,500 27.66% $14,989,814 25.53% $35,577,910 31.27% $121,675,224
==================================================================================================================================
DELINQUENCY STATUS
CURRENT 1955 $108,299,244 342 $33,136,619 1133 $88,868,942 3430 $230,304,805
30-59 55 $2,755,138 5 $347,587 28 $1,997,939 88 $5,100,664
60-89 17 $1,117,730 8 $723,545 19 $1,416,177 44 $3,257,452
90-119 12 $441,379 3 $488,391 9 $574,561 24 $1,504,331
120-179 21 $1,107,126 8 $426,361 21 $1,362,490 50 $2,895,977
180-269 17 $1,126,420 4 $487,569 30 $1,625,717 51 $3,239,706
270-359 12 $940,407 8 $463,453 14 $861,063 34 $2,264,923
360+ 34 $2,016,392 19 $1,482,788 41 $2,945,457 94 $6,444,637
REO 13 $692,738 10 $834,026 30 $1,614,606 53 $3,141,370
90+REO 109 $6,324,462 52 $4,182,588 145 $8,983,894 $306 $19,490,944
==================================================================================================================================
LOSS TO DATE
% to Original Pool Balance 0.89% $1,744,347 1.77% $959,714 2.27% $3,166,464 1.51% $5,870,525
Severity 43.14% 57.27% 53.10% 50.25%
==================================================================================================================================
LOSS TO DATE BY GRADE
A/A- 0.61% $845,482 1.31% $498,059 1.23% $1,096,801 0.92% $2,440,342
B 0.95% $351,298 3.03% $273,324 3.37% $1,146,923 2.22% $1,771,545
C 1.64% $165,344 3.09% $82,849 6.82% $537,988 3.80% $786,181
C- 1.91% $83,059 3.60% $18,890 2.05% $27,269 2.08% $129,218
D 5.28% $299,165 2.27% $86,593 5.15% $357,484 4.53% $743,242
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
==================================================================================================================================
As of: November 2000
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1998-1
FIXED RATE LOANS
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
==================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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% 6.22% 5.24%
Low/NIV 7.73% 16.67% 2.25% 19.08% 5.11% 27.92% 6.23% 22.96%
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 1169 $67,583,081 16 $1,270,130 1180 $90,787,971 2365 $159,641,183
LTV/WAC 72.56% 9.61% 81.96% 10.58% 75.21% 9.82% 74.14% 9.74%
A/A- 690 $47,534,894 5 $653,976 667 $60,029,287 1362 $108,218,156
B 226 $10,608,203 7 $502,673 306 $21,266,340 539 $32,377,216
C 107 $4,092,764 2 $45,953 86 $4,201,002 195 $8,339,719
C- 44 $1,605,180 0 $0 20 $1,280,946 64 $2,886,126
D 97 $3,239,337 2 $67,529 101 $4,010,395 200 $7,317,261
Unknown 0 $0 0 $0 0 $0 0 $0
===================================================================================================================================
PAID OFF 18.38% $15,700,817 14.51% $206,100 15.52% $16,936,570 16.76% $32,843,487
===================================================================================================================================
DELINQUENCY STATUS
CURRENT 1054 $61,930,094 14 $1,032,319 1022 $81,017,401 2090 $143,979,814
30-59 36 $2,008,154 1 $58,725 32 $2,256,633 69 $4,323,512
60-89 11 $543,224 0 $0 19 $1,087,402 30 $1,630,626
90-119 6 $244,210 0 $0 10 $527,441 16 $771,651
120-179 13 $588,101 0 $0 18 $1,443,664 31 $2,031,765
180-269 17 $677,365 0 $0 21 $1,005,214 38 $1,682,579
270-359 7 $459,160 0 $0 14 $961,722 21 $1,420,882
360+ 14 $544,190 1 $179,087 24 $1,550,996 39 $2,274,273
REO 11 $588,584 0 $0 20 $937,498 31 $1,526,082
90+REO 68 $3,101,610 1 $179,087 107 $6,426,535 $176 $9,707,232
===================================================================================================================================
LOSS TO DATE
% to Original Pool Balance 0.43% $364,414 0.00% $0 1.20% $1,315,037 0.86% $1,679,451
Severity 44.55% 0.00% 50.73% 49.25%
===================================================================================================================================
LOSS TO DATE BY GRADE
A/A- 0.23% $132,216 0.00% $0 0.44% $297,335 0.34% $429,551
B 0.73% $105,289 0.00% $0 1.13% $293,857 0.97% $399,146
C 0.54% $32,973 0.00% $0 4.38% $265,755 2.42% $298,728
C- 1.04% $23,916 0.00% $0 5.69% $107,216 3.11% $131,132
D 1.24% $70,020 0.00% $0 5.21% $350,873 3.38% $420,893
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
===================================================================================================================================
As of: November 2000
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1998-2
FIXED RATE LOANS
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
==================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 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 POOL 1522 $98,776,512 51 $4,329,185 1327 $96,617,628 2900 $199,723,324
LTV/WAC 73.77% 9.85% 81.05% 10.19% 76.83% 10.38% 75.41% 10.11%
A/A- 841 $59,204,979 31 $2,584,338 719 $61,914,848 1591 $123,704,165
B 413 $26,364,923 16 $1,542,169 387 $23,867,341 816 $51,774,433
C 130 $6,179,086 3 $150,175 146 $7,404,645 279 $13,733,905
C- 39 $1,848,308 0 $0 16 $860,042 55 $2,708,350
D 72 $2,717,790 1 $52,502 58 $2,522,223 131 $5,292,516
Unknown 0 $0 0 $0 0 $0 0 $0
===================================================================================================================================
PAID OFF 14.12% $16,520,215 16.21% $848,452 10.82% $11,824,703 12.61% $29,193,370
===================================================================================================================================
DELINQUENCY STATUS
CURRENT 1396 $91,028,149 50 $4,263,465 1143 $85,448,571 2589 $180,740,185
30-59 34 $2,273,975 0 $0 45 $2,639,036 79 $4,913,011
60-89 19 $1,032,844 0 $0 21 $1,266,619 40 $2,299,463
90-119 12 $871,846 1 $65,720 13 $721,579 26 $1,659,145
120-179 11 $614,231 0 $0 29 $1,804,623 40 $2,418,854
180-269 22 $1,341,301 0 $0 31 $1,871,311 53 $3,212,612
270-359 14 $769,931 0 $0 20 $1,668,419 34 $2,438,350
360+ 7 $477,879 0 $0 10 $528,539 17 $1,006,418
REO 7 $366,356 0 $0 15 $668,932 22 $1,035,288
90+REO 73 $4,441,544 1 $65,720 118 $7,263,403 $192 $11,770,667
===================================================================================================================================
LOSS TO DATE
% to Original Pool Balance 0.23% $269,009 0.00% $0 0.76% $830,148 0.47% $1,099,157
Severity 36.31% 0.00% 61.08% 52.34%
===================================================================================================================================
LOSS TO DATE BY GRADE
A/A- 0.02% $12,980 0.00% $0 0.29% $199,065 0.15% $212,045
B 0.40% $124,183 0.00% $0 0.78% $216,018 0.56% $340,201
C 0.66% $57,010 0.00% $0 2.17% $192,792 1.41% $249,802
C- 0.58% $14,058 0.00% $0 7.16% $77,197 2.61% $91,255
D 1.42% $60,778 0.00% $0 4.30% $145,076 2.59% $205,854
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
===================================================================================================================================
As of: November 2000
</TABLE>
