<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1994-A
FIXED RATE LOANS
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%
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 59 $1,666,979 3 $110,643 0 $0 62 $1,777,622
LTV/WAC 52.28% 10.65% 59.91% 11.21% 0.00% 0.00% 52.76% 10.69%
A/A- 3 $61,488 0 $0 0 $0 3 $61,488
B 25 $610,133 1 $58,995 0 $0 26 $669,128
C 8 $265,178 0 $0 0 $0 8 $265,178
C- 1 $39,311 1 $35,422 0 $0 2 $74,734
D 12 $350,153 0 $0 0 $0 12 $350,153
Unknown 10 $340,716 1 $16,225 0 $0 11 $356,941
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 80.57% $9,353,365 40.76% $89,300 0.00% $0 79.83% $9,442,665
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 58 $1,655,315 3 $110,643 0 $0 61 $1,765,958
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 $11,664 0 $0 0 $0 1 $11,664
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 $11,664 - $0 - $0 $1 $11,664
-----------------------------------------------------------------------------------------------------------------------------------
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 0.34% $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: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1994-B
FIXED RATE LOANS
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%
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 91 $2,456,017 7 $458,927 0 $0 98 $2,914,943
LTV/WAC 55.68% 10.82% 60.09% 10.38% 0.00% 0.00% 56.37% 10.75%
A/A- 28 $767,988 2 $112,900 0 $0 30 $880,888
B 19 $448,612 1 $106,622 0 $0 20 $555,233
C 18 $456,302 0 $0 0 $0 18 $456,302
C- 1 $23,352 1 $50,718 0 $0 2 $74,071
D 24 $737,481 2 $99,152 0 $0 26 $836,633
Unknown 1 $22,281 1 $89,535 0 $0 2 $111,816
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 81.77% $14,553,040 74.15% $1,431,200 0.00% $0 81.02% $15,984,240
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 88 $2,344,852 7 $458,927 0 $0 95 $2,803,779
30-59 1 $41,743 0 $0 0 $0 1 $41,743
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 1 $61,867 0 $0 0 $0 1 $61,867
360+ 1 $7,555 0 $0 0 $0 1 $7,555
REO 0 $0 0 $0 0 $0 0 $0
90+REO 2 $69,422 - $0 - $0 $2 $69,422
------------------------------------------------------------------------------------------------------------------------------------
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: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1994-C
FIXED RATE LOANS
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%
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 115 $3,762,443 19 $1,306,298 0 $0 134 $5,068,741
LTV/WAC 54.34% 11.42% 65.86% 11.44% 0.00% 0.00% 57.31% 11.42%
A/A- 48 $1,611,906 8 $560,022 0 $0 56 $2,171,929
B 15 $509,680 4 $378,259 0 $0 19 $887,940
C 21 $632,565 0 $0 0 $0 21 $632,565
C- 3 $61,633 4 $275,809 0 $0 7 $337,442
D 28 $946,658 3 $92,207 0 $0 31 $1,038,864
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 82.39% $20,661,250 82.38% $6,454,430 0.00% $0 82.39% $27,115,680
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 109 $3,582,280 17 $1,228,711 0 $0 126 $4,810,991
30-59 1 $39,242 0 $0 0 $0 1 $39,242
60-89 2 $27,634 1 $18,641 0 $0 3 $46,275
90-119 0 $0 0 $0 0 $0 0 $0
120-179 1 $83,061 0 $0 0 $0 1 $83,061
180-269 1 $10,009 1 $58,946 0 $0 2 $68,955
270-359 0 $0 0 $0 0 $0 0 $0
360+ 1 $20,216 0 $0 0 $0 1 $20,216
REO 0 $0 0 $0 0 $0 0 $0
90+REO 3 $113,286 1 $58,946 - $0 $4 $172,232
------------------------------------------------------------------------------------------------------------------------------------
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: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1994-D
FIXED RATE LOANS
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%
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 119 $4,494,981 15 $850,989 0 $0 134 $5,345,970
LTV/WAC 59.16% 11.31% 61.67% 11.71% 0.00% 0.00% 59.56% 11.38%
A/A- 57 $2,482,001 4 $187,942 0 $0 61 $2,669,943
B 12 $491,578 3 $114,390 0 $0 15 $605,967
C 35 $1,110,633 6 $291,540 0 $0 41 $1,402,173
C- 4 $114,205 2 $257,117 0 $0 6 $371,322
D 11 $296,565 0 $0 0 $0 11 $296,565
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 81.42% $23,265,395 80.63% $3,792,055 0.00% $0 81.31% $27,057,450
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 113 $4,212,215 14 $811,093 0 $0 127 $5,023,308
30-59 3 $81,325 1 $39,896 0 $0 4 $121,221
60-89 1 $16,139 0 $0 0 $0 1 $16,139
90-119 0 $0 0 $0 0 $0 0 $0
120-179 0 $0 0 $0 0 $0 0 $0
180-269 1 $121,473 0 $0 0 $0 1 $121,473
270-359 0 $0 0 $0 0 $0 0 $0
360+ 1 $63,828 0 $0 0 $0 1 $63,828
REO 0 $0 0 $0 0 $0 0 $0
90+REO 2 $185,301 - $0 - $0 $2 $185,301
------------------------------------------------------------------------------------------------------------------------------------
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: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1995-A
FIXED RATE LOANS
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%
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 97 $3,096,030 30 $1,499,562 0 $0 127 $4,595,591
LTV/WAC 53.90% 11.95% 65.30% 12.77% 0.00% 0.00% 57.62% 12.22%
A/A- 38 $1,195,881 11 $595,777 0 $0 49 $1,791,658
B 6 $291,313 4 $110,894 0 $0 10 $402,207
C 27 $851,896 8 $371,128 0 $0 35 $1,223,024
C- 10 $218,175 4 $345,320 0 $0 14 $563,494
D 16 $538,765 3 $76,444 0 $0 19 $615,209
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 82.73% $17,841,050 89.60% $13,918,631 0.00% $0 85.61% $31,759,681
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 93 $2,844,911 23 $1,175,741 0 $0 116 $4,020,652
30-59 1 $78,606 1 $30,378 0 $0 2 $108,984
60-89 0 $0 0 $0 0 $0 0 $0
90-119 0 $0 0 $0 0 $0 0 $0
120-179 0 $0 2 $84,777 0 $0 2 $84,777
180-269 1 $17,426 0 $0 0 $0 1 $17,426
270-359 0 $0 1 $135,584 0 $0 1 $135,584
360+ 1 $68,010 3 $73,081 0 $0 4 $141,091
REO 1 $87,077 0 $0 0 $0 1 $87,077
90+REO 3 $172,513 6 $293,442 - $0 $9 $465,955
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 0.57% $122,567 7.18% $1,115,837 0.00% $0 3.34% $1,238,404
Severity 16.61% 53.35% 0.00% 43.77%
------------------------------------------------------------------------------------------------------------------------------------
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 0.24% $16,312 10.60% $330,567 0.00% $0 3.55% $346,879
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: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1995-B
FIXED RATE LOANS
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%
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 76 $2,814,785 43 $2,492,827 0 $0 119 $5,307,612
LTV/WAC 58.65% 11.96% 64.65% 13.33% 0.00% 0.00% 61.47% 12.60%
A/A- 31 $1,207,494 7 $600,631 0 $0 38 $1,808,125
B 18 $893,717 14 $594,966 0 $0 32 $1,488,684
C 21 $554,148 10 $503,261 0 $0 31 $1,057,409
C- 3 $70,562 8 $561,281 0 $0 11 $631,843
D 3 $88,865 4 $232,687 0 $0 7 $321,552
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 79.76% $13,073,200 88.81% $20,985,493 0.00% $0 85.10% $34,058,693
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 71 $2,622,949 37 $1,993,769 0 $0 108 $4,616,718
30-59 4 $164,427 0 $0 0 $0 4 $164,427
60-89 0 $0 0 $0 0 $0 0 $0
90-119 0 $0 0 $0 0 $0 0 $0
120-179 0 $0 2 $95,004 0 $0 2 $95,004
180-269 0 $0 0 $0 0 $0 0 $0
270-359 0 $0 0 $0 0 $0 0 $0
360+ 0 $0 3 $179,754 0 $0 3 $179,754
REO 1 $27,409 1 $224,300 0 $0 2 $251,709
90+REO 1 $27,409 6 $499,058 - $0 $7 $526,467
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 0.72% $117,310 9.75% $2,303,758 0.00% $0 6.05% $2,421,068
Severity 40.09% 59.02% 0.00% 57.70%
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- -0.07% ($4,157) 3.39% $195,916 0.00% $0 1.59% $191,759
B 0.00% $0 3.46% $171,260 0.00% $0 1.82% $171,260
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: September 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1995-C
FIXED RATE LOANS
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%
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 125 $4,231,657 44 $3,183,960 0 $0 169 $7,415,618
LTV/WAC 56.86% 11.33% 67.69% 12.59% 0.00% 0.00% 61.51% 11.87%
A/A- 56 $2,037,997 15 $1,264,451 0 $0 71 $3,302,449
B 36 $1,288,435 10 $651,267 0 $0 46 $1,939,703
C 25 $700,073 6 $194,276 0 $0 31 $894,348
C- 4 $111,221 7 $419,598 0 $0 11 $530,819
D 4 $93,931 6 $654,368 0 $0 10 $748,299
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 82.44% $23,560,900 83.84% $17,361,249 0.00% $0 83.03% $40,922,149
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 119 $4,043,298 34 $2,363,812 0 $0 153 $6,407,110
30-59 5 $140,298 1 $34,432 0 $0 6 $174,730
60-89 0 $0 1 $43,220 0 $0 1 $43,220
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 2 $81,624 0 $0 2 $81,624
360+ 1 $48,061 3 $412,964 0 $0 4 $461,025
REO 0 $0 3 $247,909 0 $0 3 $247,909
90+REO 1 $48,061 8 $742,497 - $0 $9 $790,558
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 0.49% $140,709 9.65% $1,998,226 0.00% $0 4.34% $2,138,935
Severity 19.80% 48.67% 0.00% 44.41%
------------------------------------------------------------------------------------------------------------------------------------
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 2.67% $99,193 0.00% $0 1.28% $167,889
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% $0 22.46% $963,873 0.00% $0 18.36% $963,873
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1995-D
FIXED RATE LOANS
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%
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 281 $11,676,772 98 $5,959,167 0 $0 379 $17,635,939
LTV/WAC 61.81% 10.29% 66.74% 12.26% 0.00% 0.00% 63.47% 10.96%
A/A- 120 $5,647,604 32 $2,256,015 0 $0 152 $7,903,619
B 60 $2,822,657 19 $1,206,637 0 $0 79 $4,029,294
C 75 $2,264,704 19 $1,033,225 0 $0 94 $3,297,930
C- 21 $827,413 14 $657,283 0 $0 35 $1,484,696
D 5 $114,393 14 $806,006 0 $0 19 $920,400
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 77.21% $45,099,300 80.24% $25,419,755 0.00% $0 78.28% $70,519,055
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 267 $10,973,718 81 $5,174,729 0 $0 348 $16,148,447
30-59 5 $211,166 2 $113,762 0 $0 7 $324,928
60-89 1 $87,976 3 $148,003 0 $0 4 $235,979
90-119 2 $152,213 0 $0 0 $0 2 $152,213
120-179 4 $184,673 3 $153,217 0 $0 7 $337,890
180-269 1 $37,671 0 $0 0 $0 1 $37,671
270-359 0 $0 0 $0 0 $0 0 $0
360+ 0 $0 8 $305,884 0 $0 8 $305,884
REO 1 $29,355 1 $63,572 0 $0 2 $92,927
90+REO 8 $403,912 12 $522,673 - $0 $20 $926,585
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 0.41% $238,988 8.04% $2,546,390 0.00% $0 3.09% $2,785,378
Severity 20.05% 49.80% 0.00% 44.18%
------------------------------------------------------------------------------------------------------------------------------------
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 6.79% $421,603 0.00% $0 2.26% $428,967
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: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1996-A
FIXED RATE LOANS
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%
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 247 $11,549,298 164 $11,397,072 0 $0 411 $22,946,370
LTV/WAC 65.82% 10.49% 66.10% 11.96% 0.00% 0.00% 65.96% 11.22%
A/A- 99 $5,290,843 50 $4,062,591 0 $0 149 $9,353,434
B 62 $3,047,772 19 $1,694,941 0 $0 81 $4,742,712
C 63 $2,587,132 20 $915,030 0 $0 83 $3,502,162
C- 14 $376,675 22 $1,288,815 0 $0 36 $1,665,490
D 9 $246,877 53 $3,435,695 0 $0 62 $3,682,572
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 69.20% $29,541,600 79.22% $45,514,966 0.00% $0 74.95% $75,056,566
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 234 $11,111,629 130 $9,048,281 0 $0 364 $20,159,910
30-59 7 $246,061 2 $358,292 0 $0 9 $604,353
60-89 2 $16,937 1 $47,579 0 $0 3 $64,516
90-119 0 $0 3 $172,946 0 $0 3 $172,946
120-179 0 $0 4 $346,412 0 $0 4 $346,412
180-269 2 $67,778 3 $135,789 0 $0 5 $203,567
270-359 0 $0 2 $143,054 0 $0 2 $143,054
360+ 1 $10,346 15 $998,393 0 $0 16 $1,008,739
REO 1 $96,548 4 $146,327 0 $0 5 $242,875
90+REO 4 $174,672 31 $1,942,921 - $0 $35 $2,117,593
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 1.28% $546,365 6.79% $3,898,669 0.00% $0 4.44% $4,445,034
Severity 38.79% 49.13% 0.00% 47.58%
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 1.12% $191,467 4.22% $586,714 0.00% $0 2.51% $778,181
B 0.52% $61,418 4.06% $288,093 0.00% $0 1.84% $349,511
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: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1996-B
FIXED RATE LOANS
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%
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 345 $16,186,608 204 $14,369,166 0 $0 549 $30,555,774
LTV/WAC 63.85% 10.58% 66.96% 12.16% 0.00% 0.00% 65.31% 11.33%
A/A- 148 $8,543,793 63 $5,404,864 0 $0 211 $13,948,657
B 68 $3,761,952 27 $1,849,320 0 $0 95 $5,611,273
C 57 $1,808,304 32 $2,313,595 0 $0 89 $4,121,899
C- 35 $1,337,324 16 $892,238 0 $0 51 $2,229,562
D 19 $449,287 66 $3,909,148 0 $0 85 $4,358,436
Unknown 18 $285,947 0 $0 0 $0 18 $285,947
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 70.84% $44,249,815 74.17% $42,584,965 0.00% $0 72.44% $86,834,780
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 317 $15,074,341 141 $10,146,511 0 $0 458 $25,220,852
30-59 7 $180,305 5 $265,884 0 $0 12 $446,189
60-89 2 $68,397 5 $290,394 0 $0 7 $358,791
90-119 1 $42,028 3 $169,398 0 $0 4 $211,426
120-179 3 $69,427 4 $222,351 0 $0 7 $291,778
180-269 4 $213,758 1 $49,402 0 $0 5 $263,160
270-359 4 $260,948 5 $432,240 0 $0 9 $693,188
360+ 6 $223,492 29 $2,169,516 0 $0 35 $2,393,008
REO 1 $53,912 11 $623,471 0 $0 12 $677,383
90+REO 19 $863,565 53 $3,666,378 - $0 $72 $4,529,943
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 0.84% $522,697 8.52% $4,892,772 0.00% $0 4.52% $5,415,469
Severity 39.60% 51.47% 0.00% 50.02%
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.67% $174,321 3.48% $490,752 0.00% $0 1.66% $665,073
B 0.10% $14,432 7.30% $544,008 0.00% $0 2.49% $558,440
C 0.52% $52,412 8.04% $688,779 0.00% $0 3.99% $741,191
C- 2.17% $129,466 7.45% $449,354 0.00% $0 4.82% $578,820
D 1.03% $31,621 12.80% $2,719,879 0.00% $0 11.31% $2,751,500
Unknown 4.81% $120,445 0.00% $0 0.00% $0 4.81% $120,445
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1996-C
FIXED RATE LOANS
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%
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 442 $18,919,947 208 $14,031,808 245 $15,253,031 895 $48,204,787
LTV/WAC 62.98% 10.41% 67.23% 12.43% 66.63% 10.47% 65.37% 11.02%
A/A- 206 $9,901,388 58 $4,578,453 152 $10,331,609 416 $24,811,449
B 111 $5,255,379 25 $1,746,460 54 $3,248,230 190 $10,250,070
C 76 $2,377,662 30 $1,881,684 39 $1,673,192 145 $5,932,538
C- 27 $810,179 19 $1,289,140 0 $0 46 $2,099,319
D 22 $575,339 76 $4,536,071 0 $0 98 $5,111,411
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 71.92% $53,870,000 73.14% $38,950,457 66.24% $31,339,418 70.76% $124,159,875
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 403 $17,522,363 155 $10,606,397 218 $13,654,050 776 $41,782,810
30-59 9 $338,369 6 $505,970 5 $295,418 20 $1,139,757
60-89 2 $66,195 1 $66,411 3 $276,256 6 $408,862
90-119 0 $0 2 $124,120 0 $0 2 $124,120
120-179 5 $283,182 5 $302,087 3 $157,407 13 $742,676
180-269 4 $139,565 4 $170,530 2 $124,015 10 $434,110
270-359 3 $181,163 5 $265,294 3 $116,223 11 $562,680
360+ 14 $315,200 19 $1,254,015 5 $353,651 38 $1,922,866
REO 2 $73,911 11 $736,984 6 $276,012 19 $1,086,907
90+REO 28 $993,021 46 $2,853,030 19 $1,027,308 $93 $4,873,359
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 0.61% $458,974 6.82% $3,632,678 3.33% $1,576,223 3.23% $5,667,875
Severity 40.22% 51.70% 43.52% 48.08%
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.12% $43,010 1.55% $212,024 2.36% $664,110 1.19% $919,144
B 0.58% $111,576 2.93% $195,211 3.49% $435,160 1.93% $741,947
C 0.71% $80,242 4.92% $341,144 6.75% $448,836 3.50% $870,222
C- 1.94% $105,052 7.89% $516,776 0.00% $0 5.19% $621,828
D 3.28% $119,095 12.18% $2,367,522 25.53% $28,117 10.85% $2,514,734
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1996-D
FIXED RATE LOANS
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%
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 668 $31,793,359 321 $19,600,731 368 $24,911,755 1357 $76,305,845
LTV/WAC 70.16% 10.33% 68.51% 12.05% 67.18% 10.20% 68.76% 10.73%
A/A- 399 $22,076,242 105 $7,304,809 216 $16,827,303 720 $46,208,355
B 130 $5,476,762 59 $3,667,768 84 $5,210,687 273 $14,355,217
C 78 $2,414,372 59 $3,342,063 47 $1,965,913 184 $7,722,348
C- 26 $908,060 28 $1,517,578 4 $143,767 58 $2,569,406
D 35 $917,923 70 $3,768,513 17 $764,084 122 $5,450,520
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------
PAID OFF 65.50% $66,678,300 72.61% $53,382,046 61.22% $41,091,980 66.47% $161,152,326
------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 601 $28,191,172 219 $13,625,396 317 $22,122,011 1137 $63,938,579
30-59 25 $1,228,208 7 $261,056 6 $379,448 38 $1,868,712
60-89 10 $658,679 6 $364,858 6 $474,180 22 $1,497,717
90-119 5 $280,203 3 $92,413 1 $78,606 9 $451,222
120-179 7 $334,828 10 $811,716 6 $281,963 23 $1,428,507
180-269 2 $119,266 5 $240,557 2 $117,870 9 $477,693
270-359 4 $262,904 5 $303,799 3 $199,857 12 $766,560
360+ 11 $651,914 44 $2,633,477 18 $771,712 73 $4,057,103
REO 3 $66,184 22 $1,267,460 9 $486,109 34 $1,819,753
90+REO 32 $1,715,299 89 $5,349,422 39 $1,936,117 $160 $9,000,838
------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 0.70% $709,695 9.63% $7,082,176 3.14% $2,105,920 4.08% $9,897,791
Severity 42.70% 62.32% 49.89% 57.39%
------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.28% $181,336 7.29% $1,864,624 0.98% $394,879 1.88% $2,440,839
B 1.06% $205,676 7.52% $1,048,979 4.56% $720,823 4.02% $1,975,478
C 1.06% $102,413 11.88% $1,550,344 9.11% $633,635 7.71% $2,286,392
C- 2.26% $84,377 11.02% $586,250 7.95% $83,065 7.46% $753,692
D 2.73% $135,892 13.00% $2,031,978 8.51% $273,518 10.24% $2,441,388
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1997-A
FIXED RATE LOANS
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%
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 857 $43,559,602 254 $15,694,549 367 $26,058,635 1478 $85,312,786
LTV/WAC 70.10% 10.01% 70.15% 11.53% 66.43% 9.90% 68.99% 10.26%
A/A- 497 $29,820,838 76 $6,292,023 234 $18,231,914 807 $54,344,774
B 208 $8,982,049 64 $4,272,882 77 $5,034,358 349 $18,289,289
C 88 $2,705,056 53 $2,475,258 33 $1,534,984 174 $6,715,297
C- 22 $583,809 11 $376,849 5 $332,606 38 $1,293,264
D 42 $1,467,851 50 $2,277,537 18 $924,773 110 $4,670,162
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 57.81% $65,130,400 64.91% $30,724,350 52.17% $29,639,815 57.88% $125,494,565
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 785 $39,874,775 197 $12,061,164 332 $23,662,604 1314 $75,598,543
30-59 20 $943,862 6 $478,268 7 $347,449 33 $1,769,579
60-89 3 $169,149 1 $15,872 1 $65,987 5 $251,008
90-119 4 $361,105 3 $86,543 2 $184,903 9 $632,551
120-179 9 $489,730 2 $52,716 5 $252,763 16 $795,209
180-269 8 $323,688 6 $310,465 6 $348,157 20 $982,310
270-359 2 $96,223 8 $328,215 1 $74,002 11 $498,440
360+ 16 $889,442 22 $1,652,376 7 $440,589 45 $2,982,407
REO 10 $411,629 9 $708,931 6 $682,180 25 $1,802,740
90+REO 49 $2,571,817 50 $3,139,246 27 $1,982,594 $126 $7,693,657
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 1.20% $1,349,985 5.99% $2,836,064 3.14% $1,783,645 2.75% $5,969,694
Severity 45.47% 63.79% 38.74% 49.67%
------------------------------------------------------------------------------------------------------------------------------------
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 1.24% $318,657 4.97% $573,946 2.97% $363,512 2.54% $1,256,115
C 2.30% $212,607 6.66% $500,238 9.64% $409,781 5.35% $1,122,626
C- 2.98% $64,570 17.75% $427,136 5.41% $59,473 9.72% $551,179
D 6.69% $377,652 8.93% $690,063 11.40% $336,322 8.60% $1,404,037
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1997-B
FIXED RATE LOANS
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%
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 745 $36,132,373 319 $19,513,957 279 $20,230,991 1343 $75,877,321
LTV/WAC 69.89% 10.17% 69.14% 10.69% 70.12% 9.82% 69.76% 10.21%
A/A- 430 $24,040,931 152 $10,144,367 187 $14,907,660 769 $49,092,958
B 185 $7,972,508 93 $5,758,905 58 $3,831,126 336 $17,562,539
C 86 $2,857,676 53 $2,581,813 17 $935,973 156 $6,375,462
C- 20 $542,291 8 $339,738 5 $153,268 33 $1,035,297
D 23 $672,871 13 $689,134 12 $402,964 48 $1,764,968
Unknown 1 $46,098 0 $0 0 $0 1 $46,098
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 59.63% $58,059,200 60.16% $30,647,761 49.94% $20,961,960 57.64% $109,668,921
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 689 $33,412,506 279 $17,007,156 242 $17,952,204 1210 $68,371,866
30-59 18 $732,127 8 $396,684 6 $525,299 32 $1,654,110
60-89 3 $198,087 4 $238,789 2 $191,344 9 $628,220
90-119 3 $113,531 3 $111,695 3 $192,169 9 $417,395
120-179 8 $410,638 2 $76,175 2 $112,264 12 $599,077
180-269 4 $234,897 4 $204,575 6 $334,045 14 $773,517
270-359 3 $86,754 2 $84,980 2 $82,380 7 $254,114
360+ 10 $555,233 13 $971,936 10 $518,367 33 $2,045,536
REO 7 $388,599 4 $421,967 6 $322,920 17 $1,133,486
90+REO 35 $1,789,652 28 $1,871,328 29 $1,562,145 $92 $5,223,125
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 1.18% $1,145,831 3.08% $1,569,177 3.59% $1,506,876 2.22% $4,221,884
Severity 42.23% 64.88% 46.02% 50.22%
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.74% $449,897 1.30% $326,003 2.34% $624,427 1.24% $1,400,327
B 1.27% $275,245 3.50% $490,701 4.75% $447,497 2.69% $1,213,443
C 2.28% $193,162 5.97% $409,641 7.58% $232,114 4.54% $834,917
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: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1997-C
FIXED RATE LOANS
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%
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 782 $38,104,665 236 $17,822,008 311 $19,565,158 1329 $75,491,831
LTV/WAC 71.87% 10.52% 77.42% 10.77% 72.04% 10.12% 73.23% 10.47%
A/A- 447 $25,517,773 146 $11,949,640 198 $13,872,143 791 $51,339,556
B 189 $8,252,101 54 $4,214,981 69 $4,037,203 312 $16,504,284
C 91 $2,644,454 17 $911,162 23 $913,813 131 $4,469,428
C- 28 $895,607 7 $328,910 5 $156,633 40 $1,381,151
D 27 $794,730 12 $417,315 16 $585,366 55 $1,797,411
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 56.00% $52,161,900 58.37% $25,855,053 49.86% $20,151,024 55.20% $98,167,977
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 699 $33,740,152 193 $14,929,232 264 $16,608,619 1156 $65,278,003
30-59 15 $811,543 7 $404,508 4 $279,154 26 $1,495,205
60-89 6 $252,792 1 $96,362 1 $66,469 8 $415,623
90-119 6 $485,402 3 $107,949 4 $266,059 13 $859,410
120-179 9 $413,819 6 $410,828 6 $362,292 21 $1,186,939
180-269 11 $657,403 4 $314,306 5 $402,088 20 $1,373,797
270-359 7 $482,274 7 $535,095 1 $34,890 15 $1,052,259
360+ 15 $652,458 9 $682,428 13 $810,691 37 $2,145,577
REO 14 $608,822 6 $341,299 13 $734,896 33 $1,685,017
90+REO 62 $3,300,178 35 $2,391,905 42 $2,610,916 $139 $8,302,999
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 1.26% $1,177,297 3.97% $1,760,285 2.94% $1,187,090 2.32% $4,124,672
Severity 47.03% 56.29% 47.87% 50.86%
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.70% $408,321 2.94% $832,260 1.84% $489,134 1.53% $1,729,715
B 2.01% $402,800 5.47% $509,157 2.81% $225,495 3.05% $1,137,452
C 2.38% $205,016 6.65% $252,275 7.62% $223,417 4.44% $680,708
C- 2.07% $55,204 0.00% $0 5.16% $37,367 2.24% $92,571
D 2.91% $105,957 7.71% $166,593 10.11% $211,677 6.13% $484,227
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1997-D
FIXED RATE LOANS
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%
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 1192 $59,454,765 267 $21,212,018 427 $26,474,296 1886 $107,141,079
LTV/WAC 69.42% 10.41% 78.38% 10.43% 71.62% 10.20% 71.74% 10.36%
A/A- 672 $41,267,462 166 $15,067,366 250 $17,999,076 1088 $74,333,904
B 265 $10,816,056 66 $4,305,265 110 $6,073,347 441 $21,194,668
C 126 $3,691,485 16 $887,028 35 $1,164,064 177 $5,742,576
C- 67 $1,890,919 5 $288,328 12 $513,483 84 $2,692,730
D 62 $1,788,843 14 $664,032 20 $724,326 96 $3,177,201
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 50.98% $66,222,600 49.43% $21,111,718 42.11% $19,771,778 48.78% $107,106,096
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 1069 $53,650,047 226 $18,227,898 362 $22,763,969 1657 $94,641,914
30-59 29 $1,321,412 5 $231,939 7 $440,293 41 $1,993,644
60-89 11 $574,740 3 $124,136 2 $203,723 16 $902,599
90-119 7 $389,974 0 $0 2 $96,940 9 $486,914
120-179 13 $580,527 4 $270,536 7 $320,835 24 $1,171,898
180-269 12 $727,075 6 $379,836 6 $334,318 24 $1,441,229
270-359 11 $392,000 2 $129,247 4 $514,401 17 $1,035,648
360+ 25 $1,204,748 13 $1,350,350 18 $992,296 56 $3,547,394
REO 15 $614,243 8 $498,077 19 $807,520 42 $1,919,840
90+REO 83 $3,908,567 33 $2,628,046 56 $3,066,310 $172 $9,602,923
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 1.54% $1,997,462 6.89% $2,941,139 2.95% $1,387,002 2.88% $6,325,603
Severity 49.34% 60.42% 54.32% 55.15%
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.74% $613,217 4.83% $1,390,907 1.35% $379,798 1.70% $2,383,922
B 1.68% $441,786 6.30% $530,344 3.42% $420,829 2.96% $1,392,959
C 4.44% $429,095 16.47% $384,645 8.42% $226,909 7.08% $1,040,649
C- 2.20% $117,726 1.08% $6,881 2.33% $23,478 2.12% $148,085
D 7.11% $395,639 24.79% $628,363 11.67% $335,987 12.39% $1,359,989
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1998-A
FIXED RATE LOANS
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%
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 866 $39,569,805 280 $24,237,246 295 $20,243,690 1441 $84,050,741
LTV/WAC 70.27% 10.42% 79.98% 10.17% 73.80% 9.93% 73.92% 10.23%
A/A- 485 $28,413,806 175 $17,570,527 183 $14,750,269 843 $60,734,602
B 173 $6,242,249 59 $4,372,513 72 $4,044,183 304 $14,658,945
C 67 $1,877,525 26 $1,335,739 21 $804,691 114 $4,017,955
C- 89 $1,668,694 3 $67,896 4 $120,666 96 $1,857,256
D 52 $1,367,532 17 $890,572 15 $523,881 84 $2,781,984
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 45.74% $36,095,939 38.70% $15,780,316 33.69% $10,577,380 41.34% $62,453,635
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 784 $35,648,095 237 $20,788,374 256 $18,288,662 1277 $74,725,131
30-59 20 $944,892 5 $297,292 4 $271,859 29 $1,514,043
60-89 4 $162,844 4 $417,863 3 $154,287 11 $734,994
90-119 4 $249,218 1 $91,212 1 $49,582 6 $390,012
120-179 6 $212,810 3 $193,682 6 $258,779 15 $665,271
180-269 9 $437,250 9 $795,296 4 $171,961 22 $1,404,507
270-359 9 $407,036 9 $775,777 2 $73,204 20 $1,256,017
360+ 15 $978,850 6 $384,172 12 $753,542 33 $2,116,564
REO 15 $528,809 6 $493,579 7 $221,812 28 $1,244,200
90+REO 58 $2,813,973 34 $2,733,718 32 $1,528,880 $124 $7,076,571
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 1.34% $1,054,937 5.10% $2,077,455 4.05% $1,271,500 2.91% $4,403,892
Severity 59.58% 53.43% 51.43% 54.16%
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.73% $374,760 3.96% $1,079,901 2.01% $407,734 1.88% $1,862,395
B 2.90% $379,569 5.82% $432,589 6.05% $469,029 4.53% $1,281,187
C 2.95% $161,270 8.36% $297,032 6.72% $117,746 5.34% $576,048
C- 0.21% $11,219 7.19% $28,939 13.66% $55,719 1.59% $95,877
D 3.61% $128,120 11.37% $238,995 18.57% $221,272 8.60% $588,387
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1998-B
FIXED RATE LOANS
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%
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 1250 $63,114,073 374 $35,526,335 730 $53,894,433 2354 $152,534,841
LTV/WAC 71.13% 10.35% 81.74% 9.84% 75.44% 9.88% 75.12% 10.07%
A/A- 667 $41,741,426 267 $27,503,916 422 $34,975,826 1356 $104,221,168
B 335 $14,064,969 68 $5,717,247 230 $15,565,372 633 $35,347,588
C 115 $3,726,950 20 $1,302,248 42 $1,603,351 177 $6,632,549
C- 73 $1,919,280 1 $49,737 8 $360,941 82 $2,329,958
D 60 $1,661,448 18 $953,187 28 $1,388,943 106 $4,003,578
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 41.06% $46,693,890 33.27% $18,258,520 32.25% $26,308,066 36.48% $91,260,476
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 1130 $57,464,703 336 $32,457,832 630 $46,831,967 2096 $136,754,502
30-59 29 $1,080,127 6 $481,971 17 $1,110,275 52 $2,672,373
60-89 10 $361,637 4 $179,830 2 $219,284 16 $760,751
90-119 5 $303,105 1 $30,893 11 $705,577 17 $1,039,575
120-179 7 $339,933 4 $236,078 12 $739,339 23 $1,315,350
180-269 17 $1,092,126 7 $711,915 14 $964,555 38 $2,768,596
270-359 12 $517,276 4 $203,954 4 $468,387 20 $1,189,617
360+ 25 $1,441,815 5 $408,379 16 $1,484,011 46 $3,334,205
REO 15 $513,350 7 $815,484 24 $1,371,039 46 $2,699,873
90+REO 81 $4,207,605 28 $2,406,703 81 $5,732,908 $190 $12,347,216
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 1.28% $1,454,877 2.49% $1,365,323 2.63% $2,149,653 1.99% $4,969,853
Severity 49.34% 53.45% 45.99% 48.83%
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.53% $367,031 1.42% $570,279 1.66% $802,195 1.10% $1,739,505
B 2.22% $571,707 2.94% $261,213 2.50% $632,838 2.44% $1,465,758
C 2.90% $265,247 8.40% $205,912 8.99% $401,458 5.43% $872,617
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 11.47% $313,163 7.53% $788,297
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: SEPTEMBER 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%
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 2226 $124,454,338 419 $39,882,431 1368 $104,137,623 4013 $268,474,393
LTV/WAC 72.55% 9.83% 80.97% 10.00% 74.11% 9.77% 74.41% 9.83%
A/A- 1427 $90,993,683 278 $29,942,296 788 $70,235,028 2493 $191,171,006
B 483 $22,628,893 76 $5,914,131 385 $25,224,777 944 $53,767,801
C 161 $5,580,165 26 $1,308,842 100 $4,555,584 287 $11,444,591
C- 66 $2,442,670 4 $305,855 20 $710,759 90 $3,459,284
D 89 $2,808,928 35 $2,411,307 75 $3,411,476 199 $8,631,711
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 33.46% $65,459,700 25.32% $13,719,995 23.66% $32,961,865 28.82% $112,141,560
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 2026 $112,827,755 360 $35,145,508 1165 $91,875,820 3551 $239,849,083
30-59 67 $4,208,245 6 $587,264 34 $2,027,433 107 $6,822,942
60-89 23 $810,155 3 $322,393 16 $815,858 42 $1,948,406
90-119 8 $413,131 4 $334,411 8 $769,285 20 $1,516,827
120-179 22 $1,260,511 5 $422,116 29 $1,732,544 56 $3,415,171
180-269 16 $1,061,047 6 $557,797 26 $1,067,712 48 $2,686,556
270-359 13 $1,008,437 7 $436,889 22 $1,359,167 42 $2,804,493
360+ 34 $2,037,540 21 $1,559,692 40 $3,130,015 95 $6,727,247
REO 17 $827,518 7 $516,360 28 $1,359,789 52 $2,703,667
90+REO 110 $6,608,184 50 $3,827,265 153 $9,418,512 $313 $19,853,961
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 0.85% $1,667,143 1.73% $936,379 2.00% $2,790,593 1.39% $5,394,115
Severity 42.98% 57.59% 51.53% 49.39%
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.61% $845,482 1.31% $498,059 1.16% $1,032,311 0.89% $2,375,852
B 0.95% $351,298 3.03% $273,324 2.90% $985,639 2.01% $1,610,261
C 1.64% $165,344 3.09% $82,849 5.27% $415,433 3.21% $663,626
C- 1.91% $83,059 3.60% $18,890 2.05% $27,269 2.08% $129,218
D 3.92% $221,960 1.66% $63,257 4.76% $329,941 3.75% $615,158
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1999-1
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%
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 1213 $69,778,834 16 $1,271,496 1226 $93,675,471 2455 $164,725,801
LTV/WAC 72.42% 9.62% 81.96% 10.58% 75.09% 9.86% 74.01% 9.77%
A/A- 711 $48,812,123 5 $654,494 682 $61,036,030 1398 $110,502,646
B 236 $11,020,529 7 $503,431 321 $22,201,931 564 $33,725,891
C 115 $4,393,738 2 $45,999 91 $4,419,606 208 $8,859,342
C- 45 $1,633,670 0 $0 22 $1,473,798 67 $3,107,468
D 101 $3,413,591 2 $67,573 110 $4,544,107 213 $8,025,271
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 16.00% $13,664,712 14.51% $206,100 12.85% $14,019,863 14.23% $27,890,675
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 1101 $64,426,345 14 $1,056,527 1069 $84,029,919 2184 $149,512,791
30-59 34 $1,593,673 1 $35,883 34 $2,514,518 69 $4,144,074
60-89 10 $604,138 0 $0 13 $756,911 23 $1,361,049
90-119 10 $432,814 0 $0 11 $783,430 21 $1,216,244
120-179 18 $771,408 0 $0 21 $1,108,757 39 $1,880,165
180-269 12 $600,090 0 $0 15 $924,770 27 $1,524,860
270-359 11 $462,571 0 $0 23 $1,322,786 34 $1,785,357
360+ 7 $330,010 1 $179,087 16 $1,126,044 24 $1,635,141
REO 10 $557,785 0 $0 24 $1,108,337 34 $1,666,122
90+REO 68 $3,154,678 1 $179,087 110 $6,374,124 $179 $9,707,889
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 0.34% $291,778 0.00% $0 0.78% $847,632 0.58% $1,139,410
Severity 51.40% 0.00% 48.06% 48.87%
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.18% $104,952 0.00% $0 0.26% $176,041 0.22% $280,993
B 0.64% $91,420 0.00% $0 0.46% $121,435 0.52% $212,855
C 0.02% $1,471 0.00% $0 3.51% $213,057 1.74% $214,528
C- 1.04% $23,916 0.00% $0 4.10% $77,352 2.40% $101,268
D 1.24% $70,020 0.00% $0 3.85% $259,747 2.65% $329,767
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1999-2
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%
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 1586 $102,626,133 54 $4,753,456 1380 $100,404,820 3020 $207,784,408
LTV/WAC 73.74% 9.87% 80.96% 10.28% 76.83% 10.40% 75.39% 10.13%
A/A- 866 $60,831,272 33 $2,847,716 743 $64,011,425 1642 $127,690,413
B 433 $27,658,918 16 $1,544,728 408 $25,252,214 857 $54,455,861
C 138 $6,542,218 3 $150,414 151 $7,609,451 292 $14,302,083
C- 42 $2,130,719 0 $0 17 $902,733 59 $3,033,452
D 79 $2,917,329 2 $210,598 60 $2,580,430 141 $5,708,357
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 11.01% $12,876,205 8.22% $430,087 7.45% $8,143,053 9.26% $21,449,345
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 1466 $94,758,122 54 $4,753,456 1206 $89,424,728 2726 $188,936,306
30-59 39 $3,011,859 0 $0 44 $2,756,549 83 $5,768,408
60-89 13 $1,056,136 0 $0 26 $1,741,293 39 $2,797,429
90-119 5 $138,256 0 $0 11 $555,612 16 $693,868
120-179 15 $986,562 0 $0 30 $2,003,466 45 $2,990,028
180-269 26 $1,412,570 0 $0 26 $1,847,283 52 $3,259,853
270-359 16 $948,272 0 $0 24 $1,385,878 40 $2,334,150
360+ 0 $0 0 $0 2 $142,363 2 $142,363
REO 6 $314,356 0 $0 11 $547,650 17 $862,006
90+REO 68 $3,800,016 - $0 104 $6,482,252 $172 $10,282,268
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 0.13% $155,128 0.00% $0 0.52% $573,805 0.31% $728,933
Severity 37.35% 0.00% 74.88% 61.69%
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.02% $12,980 0.00% $0 0.13% $85,494 0.07% $98,474
B 0.17% $51,274 0.00% $0 0.52% $144,348 0.32% $195,622
C 0.19% $16,038 0.00% $0 1.92% $171,209 1.06% $187,247
C- 0.58% $14,058 0.00% $0 2.57% $27,678 1.19% $41,736
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
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1994-A
ARM LOANS
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%
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 23 $1,464,139 0 $0 0 $0 23 $1,464,139
LTV/WAC 57.92% 11.66% 0.00% 0.00% 0.00% 0.00% 57.92% 11.66%
A/A- 6 $362,613 0 $0 0 $0 6 $362,613
B 4 $199,420 0 $0 0 $0 4 $199,420
C 6 $362,137 0 $0 0 $0 6 $362,137
C- 3 $227,070 0 $0 0 $0 3 $227,070
D 3 $206,252 0 $0 0 $0 3 $206,252
Unknown 1 $106,648 0 $0 0 $0 1 $106,648
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 86.79% $10,371,600 100.00% $153,600 0.00% $0 86.96% $10,525,200
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 22 $1,345,537 0 $0 0 $0 22 $1,345,537
30-59 1 $118,602 0 $0 0 $0 1 $118,602
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 -0.11% -$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: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1994-B
ARM LOANS
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%
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 42 $2,960,365 11 $912,132 0 $0 53 $3,872,497
LTV/WAC 61.98% 11.56% 64.88% 12.13% 0.00% 0.00% 62.66% 11.69%
A/A- 19 $1,579,630 3 $221,720 0 $0 22 $1,801,351
B 7 $306,990 0 $0 0 $0 7 $306,990
C 9 $597,836 2 $175,670 0 $0 11 $773,507
C- 1 $100,651 2 $118,839 0 $0 3 $219,489
D 6 $375,257 1 $168,667 0 $0 7 $543,924
Unknown 0 $0 3 $227,235 0 $0 3 $227,235
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 72.52% $8,559,400 89.81% $8,640,370 0.00% $0 80.28% $17,199,770
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 40 $2,815,778 8 $700,605 0 $0 48 $3,516,383
30-59 1 $104,076 1 $61,516 0 $0 2 $165,592
60-89 0 $0 0 $0 0 $0 0 $0
90-119 0 $0 1 $83,980 0 $0 1 $83,980
120-179 0 $0 1 $66,031 0 $0 1 $66,031
180-269 1 $40,510 0 $0 0 $0 1 $40,510
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 $40,510 2 $150,011 - $0 $3 $190,521
------------------------------------------------------------------------------------------------------------------------------------
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: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1994-C
ARM LOANS
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%
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 24 $1,721,976 6 $530,128 0 $0 30 $2,252,104
LTV/WAC 60.26% 12.39% 71.03% 11.93% 0.00% 0.00% 62.80% 12.28%
A/A- 11 $805,537 4 $330,909 0 $0 15 $1,136,446
B 0 $0 0 $0 0 $0 0 $0
C 6 $436,745 1 $104,824 0 $0 7 $541,569
C- 1 $33,047 1 $94,394 0 $0 2 $127,442
D 6 $446,647 0 $0 0 $0 6 $446,647
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 77.06% $6,192,200 96.09% $13,656,225 0.00% $0 89.22% $19,848,425
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 23 $1,600,235 5 $425,304 0 $0 28 $2,025,539
30-59 0 $0 0 $0 0 $0 0 $0
60-89 1 $121,741 0 $0 0 $0 1 $121,741
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 $104,824 0 $0 1 $104,824
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 $104,824 - $0 $1 $104,824
------------------------------------------------------------------------------------------------------------------------------------
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: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1994-D
ARM LOANS
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%
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 $1,351,025 22 $2,059,198 0 $0 43 $3,410,224
LTV/WAC 60.05% 11.80% 68.92% 11.73% 0.00% 0.00% 65.41% 11.75%
A/A- 5 $380,789 9 $1,014,965 0 $0 14 $1,395,753
B 1 $17,354 6 $514,156 0 $0 7 $531,510
C 7 $329,891 5 $345,489 0 $0 12 $675,381
C- 5 $339,669 2 $184,588 0 $0 7 $524,257
D 3 $283,322 0 $0 0 $0 3 $283,322
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 $1,150,103 20 $1,966,858 0 $0 39 $3,116,961
30-59 2 $200,922 1 $48,214 0 $0 3 $249,136
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 $44,126 0 $0 1 $44,126
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 $44,126 - $0 $1 $44,126
------------------------------------------------------------------------------------------------------------------------------------
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: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1995-A
ARM LOANS
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%
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 6 $252,715 59 $6,681,228 0 $0 65 $6,933,942
LTV/WAC 51.72% 12.66% 67.25% 12.74% 0.00% 0.00% 66.68% 12.73%
A/A- 0 $0 21 $2,251,404 0 $0 21 $2,251,404
B 2 $156,889 14 $1,214,927 0 $0 16 $1,371,817
C 3 $74,429 9 $984,657 0 $0 12 $1,059,086
C- 1 $21,396 8 $1,069,723 0 $0 9 $1,091,120
D 0 $0 6 $1,020,486 0 $0 6 $1,020,486
Unknown 0 $0 1 $140,030 0 $0 1 $140,030
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 93.89% $4,280,200 86.66% $43,075,460 0.00% $0 87.27% $47,355,660
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 4 $209,483 49 $5,505,452 0 $0 53 $5,714,935
30-59 1 $21,836 2 $194,367 0 $0 3 $216,203
60-89 0 $0 0 $0 0 $0 0 $0
90-119 0 $0 0 $0 0 $0 0 $0
120-179 1 $21,396 3 $293,366 0 $0 4 $314,762
180-269 0 $0 0 $0 0 $0 0 $0
270-359 0 $0 2 $223,469 0 $0 2 $223,469
360+ 0 $0 1 $191,286 0 $0 1 $191,286
REO 0 $0 2 $273,288 0 $0 2 $273,288
90+REO 1 $21,396 8 $981,409 - $0 $9 $1,002,805
------------------------------------------------------------------------------------------------------------------------------------
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: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1995-B
ARM LOANS
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%
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 7 $432,978 77 $7,404,164 0 $0 84 $7,837,142
LTV/WAC 66.08% 11.67% 66.01% 12.54% 0.00% 0.00% 66.01% 12.49%
A/A- 3 $134,306 18 $1,860,787 0 $0 21 $1,995,093
B 2 $165,122 13 $1,157,280 0 $0 15 $1,322,402
C 1 $65,699 17 $1,624,134 0 $0 18 $1,689,833
C- 1 $67,851 18 $1,833,666 0 $0 19 $1,901,517
D 0 $0 11 $928,297 0 $0 11 $928,297
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 89.81% $4,037,600 86.02% $47,850,945 0.00% $0 86.31% $51,888,545
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 7 $432,978 43 $4,118,036 0 $0 50 $4,551,014
30-59 0 $0 6 $600,167 0 $0 6 $600,167
60-89 0 $0 2 $217,134 0 $0 2 $217,134
90-119 0 $0 1 $80,208 0 $0 1 $80,208
120-179 0 $0 6 $543,151 0 $0 6 $543,151
180-269 0 $0 1 $84,302 0 $0 1 $84,302
270-359 0 $0 4 $302,881 0 $0 4 $302,881
360+ 0 $0 7 $601,447 0 $0 7 $601,447
REO 0 $0 7 $856,838 0 $0 7 $856,838
90+REO - $0 26 $2,468,827 - $0 $26 $2,468,827
------------------------------------------------------------------------------------------------------------------------------------
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: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1995-C
ARM LOANS
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%
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 9 $516,616 87 $7,302,192 0 $0 96 $7,818,808
LTV/WAC 61.57% 12.48% 67.66% 13.24% 0.00% 0.00% 67.26% 13.19%
A/A- 3 $240,731 19 $1,645,480 0 $0 22 $1,886,211
B 2 $116,844 16 $1,539,925 0 $0 18 $1,656,769
C 3 $103,670 11 $850,720 0 $0 14 $954,390
C- 0 $0 22 $1,818,837 0 $0 22 $1,818,837
D 1 $55,371 19 $1,447,230 0 $0 20 $1,502,601
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 87.54% $4,074,400 88.91% $60,701,690 0.00% $0 88.82% $64,776,090
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 8 $461,390 65 $5,671,160 0 $0 73 $6,132,550
30-59 0 $0 0 $0 0 $0 0 $0
60-89 0 $0 2 $211,120 0 $0 2 $211,120
90-119 0 $0 0 $0 0 $0 0 $0
120-179 0 $0 0 $0 0 $0 0 $0
180-269 1 $55,226 3 $143,518 0 $0 4 $198,744
270-359 0 $0 4 $296,938 0 $0 4 $296,938
360+ 0 $0 12 $907,366 0 $0 12 $907,366
REO 0 $0 1 $72,090 0 $0 1 $72,090
90+REO 1 $55,226 20 $1,419,912 - $0 $21 $1,475,138
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 0.46% $21,294 7.88% $5,376,689 0.00% $0 7.40% $5,397,983
Severity 13.68% 38.89% 0.00% 38.61%
-----------------------------------------------------------------------------------------------------------------------------------
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 11.95% $2,328,569 0.00% $0 11.76% $2,337,778
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1995-D
ARM LOANS
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%
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 $519,173 92 $8,408,653 0 $0 98 $8,927,826
LTV/WAC 62.01% 12.25% 68.85% 12.86% 0.00% 0.00% 68.45% 12.82%
A/A- 0 $0 22 $2,162,258 0 $0 22 $2,162,258
B 3 $270,490 21 $2,145,792 0 $0 24 $2,416,282
C 1 $67,671 14 $1,248,867 0 $0 15 $1,316,538
C- 1 $88,854 15 $1,327,239 0 $0 16 $1,416,092
D 1 $92,158 20 $1,524,498 0 $0 21 $1,616,656
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 78.78% $1,977,200 88.33% $65,411,011 0.00% $0 88.02% $67,388,211
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 5 $443,989 59 $5,381,542 0 $0 64 $5,825,531
30-59 0 $0 5 $505,761 0 $0 5 $505,761
60-89 0 $0 2 $133,851 0 $0 2 $133,851
90-119 0 $0 1 $131,050 0 $0 1 $131,050
120-179 0 $0 1 $57,028 0 $0 1 $57,028
180-269 1 $75,184 3 $102,792 0 $0 4 $177,976
270-359 0 $0 2 $149,891 0 $0 2 $149,891
360+ 0 $0 12 $1,141,210 0 $0 12 $1,141,210
REO 0 $0 7 $805,528 0 $0 7 $805,528
90+REO 1 $75,184 26 $2,387,499 - $0 $27 $2,462,683
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 3.68% $92,348 6.16% $4,560,305 0.00% $0 6.08% $4,652,653
Severity 85.91% 39.00% 0.00% 39.43%
------------------------------------------------------------------------------------------------------------------------------------
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 10.93% $1,884,311 0.00% $0 11.04% $1,933,809
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1996-A
ARM LOANS
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%
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 $375,787 135 $11,931,283 0 $0 141 $12,307,070
LTV/WAC 63.72% 12.36% 66.77% 13.41% 0.00% 0.00% 66.68% 13.37%
A/A- 3 $221,231 26 $2,620,941 0 $0 29 $2,842,173
B 0 $0 15 $1,396,707 0 $0 15 $1,396,707
C 2 $130,263 16 $1,193,097 0 $0 18 $1,323,361
C- 0 $0 19 $1,482,799 0 $0 19 $1,482,799
D 1 $24,293 59 $5,237,738 0 $0 60 $5,262,031
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 84.17% $2,071,400 87.68% $86,860,002 0.00% $0 87.60% $88,931,402
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 4 $313,118 91 $7,296,290 0 $0 95 $7,609,408
30-59 0 $0 2 $141,567 0 $0 2 $141,567
60-89 0 $0 1 $79,364 0 $0 1 $79,364
90-119 1 $34,041 2 $155,910 0 $0 3 $189,951
120-179 0 $0 2 $137,786 0 $0 2 $137,786
180-269 0 $0 4 $263,293 0 $0 4 $263,293
270-359 0 $0 3 $293,279 0 $0 3 $293,279
360+ 1 $28,629 27 $3,360,778 0 $0 28 $3,389,407
REO 0 $0 3 $203,017 0 $0 3 $203,017
90+REO 2 $62,670 41 $4,414,063 - $0 $43 $4,476,733
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 1.79% $43,936 5.80% $5,749,602 0.00% $0 5.71% $5,793,538
Severity 58.04% 42.50% 0.00% 42.58%
------------------------------------------------------------------------------------------------------------------------------------
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 2.17% $318,018 0.00% $0 2.17% $318,018
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: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1996-B
ARM LOANS
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%
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 5 $278,847 262 $20,258,978 0 $0 267 $20,537,826
LTV/WAC 60.45% 12.60% 65.29% 13.32% 0.00% 0.00% 65.22% 13.31%
A/A- 0 $0 27 $2,596,035 0 $0 27 $2,596,035
B 0 $0 21 $1,902,868 0 $0 21 $1,902,868
C 2 $102,523 38 $2,710,376 0 $0 40 $2,812,899
C- 1 $58,139 38 $2,241,701 0 $0 39 $2,299,840
D 2 $118,186 138 $10,807,999 0 $0 140 $10,926,185
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 91.82% $3,194,100 88.59% $159,062,255 0.00% $0 88.65% $162,256,355
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 3 $167,665 151 $11,629,798 0 $0 154 $11,797,463
30-59 0 $0 7 $516,672 0 $0 7 $516,672
60-89 0 $0 5 $198,851 0 $0 5 $198,851
90-119 0 $0 5 $281,856 0 $0 5 $281,856
120-179 0 $0 8 $389,143 0 $0 8 $389,143
180-269 0 $0 9 $789,882 0 $0 9 $789,882
270-359 0 $0 13 $1,148,271 0 $0 13 $1,148,271
360+ 2 $111,183 45 $3,800,929 0 $0 47 $3,912,112
REO 0 $0 19 $1,503,576 0 $0 19 $1,503,576
90+REO 2 $111,183 99 $7,913,657 - $0 $101 $8,024,840
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 1.53% $53,281 4.99% $8,968,375 0.00% $0 4.93% $9,021,656
Severity 65.78% 42.98% 0.00% 43.06%
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.00% $0 2.17% $712,718 0.00% $0 2.10% $712,718
B 0.00% $0 4.53% $1,131,219 0.00% $0 4.38% $1,131,219
C 0.00% $0 4.38% $1,436,741 0.00% $0 4.30% $1,436,741
C- 0.00% $0 4.33% $840,912 0.00% $0 4.31% $840,912
D 5.68% $53,281 6.98% $4,846,784 0.00% $0 6.97% $4,900,065
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1996-C
ARM LOANS
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%
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 14 $722,340 314 $27,083,030 257 $20,510,184 585 $48,315,554
LTV/WAC 62.46% 12.93% 68.00% 13.36% 71.09% 12.86% 69.23% 13.14%
A/A- 3 $217,691 62 $5,684,448 107 $9,846,451 172 $15,748,590
B 1 $115,583 45 $4,544,244 82 $6,837,500 128 $11,497,327
C 3 $111,318 38 $3,462,572 59 $3,311,021 100 $6,884,911
C- 3 $171,852 38 $2,919,743 2 $83,216 43 $3,174,812
D 4 $105,897 131 $10,472,023 7 $431,995 142 $11,009,914
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 86.88% $5,093,600 85.73% $165,644,362 86.21% $131,689,564 85.96% $302,427,526
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 10 $557,772 202 $16,726,181 173 $13,465,767 385 $30,749,720
30-59 1 $52,457 3 $238,284 3 $233,191 7 $523,932
60-89 0 $0 2 $152,125 3 $223,219 5 $375,344
90-119 0 $0 2 $165,097 8 $899,697 10 $1,064,794
120-179 1 $26,131 12 $955,319 9 $665,168 22 $1,646,618
180-269 1 $63,271 9 $675,556 8 $521,162 18 $1,259,989
270-359 0 $0 8 $873,426 6 $772,365 14 $1,645,791
360+ 1 $22,708 59 $5,663,517 29 $2,750,382 89 $8,436,607
REO 0 $0 17 $1,633,525 18 $979,231 35 $2,612,756
90+REO 3 $112,110 107 $9,966,440 78 $6,588,005 $188 $16,666,555
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 2.19% $128,299 5.28% $10,209,471 3.84% $5,866,673 4.61% $16,204,443
Severity 56.10% 44.97% 44.26% 44.78%
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.00% $0 2.40% $1,060,760 3.00% $2,228,367 2.75% $3,289,127
B 1.96% $36,546 2.29% $698,854 2.20% $1,009,721 2.23% $1,745,121
C 10.10% $91,754 2.98% $773,997 7.82% $2,354,050 5.65% $3,219,801
C- 0.00% $0 5.73% $1,550,871 16.15% $53,491 5.71% $1,604,362
D 0.00% $0 9.34% $6,124,989 10.57% $221,045 9.20% $6,346,034
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1996-D
ARM LOANS
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%
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 13 $1,032,489 375 $31,472,124 254 $20,315,403 642 $52,820,016
LTV/WAC 65.30% 12.57% 68.74% 13.27% 71.42% 12.92% 69.70% 13.12%
A/A- 2 $149,648 88 $8,302,813 95 $8,784,480 185 $17,236,941
B 3 $254,645 56 $5,662,524 81 $6,681,337 140 $12,598,505
C 4 $243,884 63 $5,036,797 38 $2,452,301 105 $7,732,982
C- 2 $75,692 39 $2,725,162 12 $736,166 53 $3,537,020
D 2 $308,619 129 $9,744,827 28 $1,661,121 159 $11,714,567
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 81.03% $4,501,600 85.31% $181,812,132 85.24% $120,323,230 85.22% $306,636,962
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 7 $470,018 220 $18,998,024 152 $11,421,602 379 $30,889,644
30-59 2 $175,998 17 $1,474,332 12 $952,546 31 $2,602,876
60-89 1 $110,969 9 $1,067,823 4 $355,494 14 $1,534,286
90-119 0 $0 5 $328,949 6 $504,946 11 $833,895
120-179 0 $0 8 $477,455 7 $426,477 15 $903,932
180-269 1 $43,091 20 $1,321,624 11 $734,425 32 $2,099,140
270-359 0 $0 8 $549,766 14 $1,529,323 22 $2,079,089
360+ 2 $232,413 54 $4,569,423 31 $2,900,179 87 $7,702,015
REO 0 $0 34 $2,684,728 17 $1,490,411 51 $4,175,139
90+REO 3 $275,504 129 $9,931,945 86 $7,585,761 $218 $17,793,210
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 1.91% $105,914 4.68% $9,966,393 3.32% $4,691,681 4.10% $14,763,988
Severity 51.36% 41.21% 49.08% 43.49%
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.00% $0 1.65% $975,120 1.87% $1,231,661 1.74% $2,206,781
B 1.58% $22,168 2.27% $1,004,910 3.23% $1,368,300 2.72% $2,395,378
C 0.00% $0 6.12% $2,009,218 7.07% $1,216,550 6.35% $3,225,768
C- 8.34% $52,566 4.46% $814,124 2.72% $137,604 4.20% $1,004,294
D 4.09% $31,181 8.81% $5,163,022 6.89% $737,567 8.47% $5,931,770
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1997-1
ARM LOANS
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%
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 27 $2,464,477 476 $42,823,635 343 $25,486,362 846 $70,774,474
LTV/WAC 70.96% 11.67% 71.24% 12.59% 72.26% 12.61% 71.60% 12.57%
A/A- 10 $1,040,344 144 $13,897,373 127 $10,291,345 281 $25,229,062
B 8 $915,310 135 $12,531,427 97 $8,218,122 240 $21,664,860
C 3 $197,816 70 $5,366,465 42 $2,766,819 115 $8,331,101
C- 0 $0 20 $2,108,384 19 $893,889 39 $3,002,274
D 6 $311,006 107 $8,919,985 58 $3,316,187 171 $12,547,177
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 77.30% $9,010,700 83.47% $221,563,905 81.66% $115,986,950 82.69% $346,561,555
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 21 $2,028,668 314 $26,742,357 213 $15,011,511 548 $43,782,536
30-59 0 $0 19 $1,575,702 15 $1,423,701 34 $2,999,403
60-89 0 $0 10 $684,308 13 $869,358 23 $1,553,666
90-119 1 $151,287 4 $369,904 5 $594,594 10 $1,115,785
120-179 0 $0 10 $1,057,668 13 $834,328 23 $1,891,996
180-269 0 $0 15 $1,876,060 11 $996,920 26 $2,872,980
270-359 0 $0 15 $1,176,922 12 $828,233 27 $2,005,155
360+ 5 $284,521 63 $6,499,124 33 $2,973,267 101 $9,756,912
REO 0 $0 26 $2,841,590 28 $1,954,451 54 $4,796,041
90+REO 6 $435,808 133 $13,821,268 102 $8,181,793 $241 $22,438,869
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 2.01% $234,541 3.64% $9,663,166 3.41% $4,845,389 3.52% $14,743,096
Severity 38.49% 42.93% 46.50% 43.96%
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.00% $0 2.20% $2,303,455 2.20% $1,483,079 2.13% $3,786,534
B 4.49% $174,483 3.19% $2,485,114 2.76% $1,131,421 3.09% $3,791,018
C 0.00% $0 4.12% $1,341,136 7.71% $1,221,205 5.12% $2,562,341
C- 0.00% $0 3.73% $463,032 3.44% $175,043 3.64% $638,075
D 6.26% $60,058 8.17% $3,070,428 6.64% $834,642 7.76% $3,965,128
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1997-B
ARM LOANS
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%
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 31 $2,565,697 419 $36,057,230 296 $23,763,298 746 $62,386,225
LTV/WAC 77.04% 11.95% 74.03% 12.78% 75.45% 12.17% 74.70% 12.51%
A/A- 12 $1,144,399 150 $15,723,517 128 $11,740,268 290 $28,608,184
B 10 $598,667 125 $10,547,709 86 $6,963,085 221 $18,109,462
C 6 $614,271 70 $4,666,374 33 $1,983,617 109 $7,264,262
C- 2 $176,067 15 $1,202,780 15 $853,639 32 $2,232,486
D 1 $32,293 59 $3,916,850 34 $2,222,689 94 $6,171,831
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 72.10% $6,866,300 82.35% $170,729,763 73.82% $68,773,991 79.47% $246,370,054
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 26 $2,076,396 330 $28,304,663 221 $17,836,313 577 $48,217,372
30-59 1 $65,638 7 $557,607 8 $739,747 16 $1,362,992
60-89 1 $63,361 6 $538,631 6 $485,157 13 $1,087,149
90-119 0 $0 3 $357,714 5 $293,650 8 $651,364
120-179 1 $95,217 9 $488,937 6 $716,068 16 $1,300,222
180-269 0 $0 12 $951,609 12 $788,645 24 $1,740,254
270-359 1 $232,792 6 $699,805 5 $441,223 12 $1,373,820
360+ 1 $32,293 28 $2,477,003 22 $1,753,365 51 $4,262,661
REO 0 $0 18 $1,681,262 11 $709,130 29 $2,390,392
90+REO 3 $360,302 76 $6,656,330 61 $4,702,081 $140 $11,718,713
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 0.97% $92,209 2.45% $5,083,880 3.16% $2,945,241 2.62% $8,121,330
Severity 48.97% 40.31% 46.79% 42.53%
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.91% $47,344 1.16% $1,161,663 1.56% $700,429 1.27% $1,909,436
B 0.00% $0 3.20% $1,851,946 3.60% $971,905 3.23% $2,823,851
C 0.00% $0 3.17% $757,898 6.54% $577,756 3.96% $1,335,654
C- 0.00% $0 2.14% $129,393 1.59% $56,022 1.87% $185,415
D 11.09% $44,864 6.16% $1,182,981 7.14% $639,129 6.54% $1,866,974
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1997-C
ARM LOANS
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%
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 25 $2,149,826 287 $24,990,819 829 $68,540,615 1141 $95,681,261
LTV/WAC 75.54% 12.43% 74.43% 13.19% 75.85% 10.90% 75.48% 11.53%
A/A- 10 $807,930 115 $10,611,087 490 $45,123,644 615 $56,542,661
B 10 $1,059,582 79 $8,091,356 203 $14,766,523 292 $23,917,461
C 3 $171,574 32 $2,169,527 68 $3,733,304 103 $6,074,404
C- 2 $110,741 6 $509,084 23 $1,762,653 31 $2,382,478
D 0 $0 55 $3,609,766 45 $3,154,492 100 $6,764,257
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 82.17% $10,197,400 77.02% $84,946,395 65.37% $132,800,402 69.95% $227,944,197
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 21 $1,852,591 201 $18,348,827 672 $55,683,493 894 $75,884,911
30-59 1 $16,996 8 $635,792 26 $2,561,300 35 $3,214,088
60-89 0 $0 3 $217,686 13 $934,771 16 $1,152,457
90-119 0 $0 2 $85,678 8 $543,318 10 $628,996
120-179 0 $0 6 $269,790 13 $983,340 19 $1,253,130
180-269 0 $0 9 $924,639 20 $1,781,251 29 $2,705,890
270-359 1 $124,638 5 $519,532 19 $1,812,028 25 $2,456,198
360+ 1 $71,033 29 $2,242,872 28 $2,465,904 58 $4,779,809
REO 1 $84,567 24 $1,746,004 30 $1,775,210 55 $3,605,781
90+REO 3 $280,238 75 $5,788,515 118 $9,361,051 $196 $15,429,804
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 0.38% $46,755 4.66% $5,137,052 3.13% $6,357,666 3.54% $11,541,473
Severity 16.67% 46.77% 46.45% 46.25%
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- -0.09% ($5,745) 3.67% $1,968,369 2.02% $2,578,542 2.41% $4,541,166
B 0.68% $28,215 4.42% $1,323,229 4.16% $1,845,780 4.08% $3,197,224
C 0.00% $0 7.58% $718,345 5.48% $791,142 6.10% $1,509,487
C- 0.00% $0 2.87% $79,305 3.52% $196,837 3.14% $276,142
D 6.56% $24,285 7.27% $1,047,805 8.70% $945,366 7.87% $2,017,456
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1997-D
ARM LOANS
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%
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 61 $5,506,265 293 $27,401,308 1187 $99,451,186 1541 $132,358,760
LTV/WAC 77.24% 11.60% 79.19% 12.93% 76.44% 10.40% 77.04% 10.97%
A/A- 33 $3,197,150 138 $14,265,032 718 $67,186,718 889 $84,648,900
B 19 $1,598,071 88 $7,849,954 296 $21,371,985 403 $30,820,010
C 4 $233,348 28 $2,520,497 81 $5,366,047 113 $8,119,893
C- 5 $477,696 2 $262,308 22 $1,200,264 29 $1,940,267
D 0 $0 37 $2,503,518 70 $4,326,172 107 $6,829,690
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 71.05% $13,940,200 77.14% $92,070,911 58.25% $141,947,295 64.80% $247,958,406
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 41 $3,667,214 221 $20,947,054 969 $81,024,475 1231 $105,638,743
30-59 0 $0 4 $364,602 29 $2,814,609 33 $3,179,211
60-89 2 $164,679 1 $83,175 8 $525,642 11 $773,496
90-119 0 $0 4 $311,297 14 $1,302,928 18 $1,614,225
120-179 1 $33,075 7 $690,872 28 $2,333,408 36 $3,057,355
180-269 2 $171,217 4 $550,287 28 $2,058,870 34 $2,780,374
270-359 2 $197,357 4 $356,002 14 $1,138,868 20 $1,692,227
360+ 6 $610,971 22 $2,425,762 54 $4,819,038 82 $7,855,771
REO 7 $661,752 26 $1,672,257 43 $3,433,348 76 $5,767,357
90+REO 18 $1,674,372 67 $6,006,477 181 $15,086,460 $266 $22,767,309
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 1.74% $341,814 3.66% $4,370,243 2.50% $6,084,313 2.82% $10,796,370
Severity 52.39% 43.18% 42.33% 42.93%
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 1.43% $183,318 2.76% $2,043,970 1.70% $2,607,516 2.01% $4,834,804
B 1.48% $59,587 4.60% $1,113,203 2.83% $1,621,836 3.26% $2,794,626
C 0.00% $0 3.19% $249,969 5.09% $840,175 4.31% $1,090,144
C- 5.01% $54,631 5.19% $89,796 6.15% $257,151 5.74% $401,578
D 6.43% $44,278 7.54% $873,306 6.27% $757,635 6.88% $1,675,219
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1998-A
ARM LOANS
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%
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 $2,559,472 181 $16,744,569 450 $36,153,899 658 $55,457,941
LTV/WAC 77.98% 12.05% 77.75% 12.99% 77.16% 11.71% 77.37% 12.11%
A/A- 17 $1,593,526 78 $7,950,629 228 $21,520,122 323 $31,064,278
B 7 $682,118 53 $5,051,170 135 $9,386,833 195 $15,120,120
C 0 $0 12 $1,093,307 42 $2,361,589 54 $3,454,896
C- 1 $176,683 1 $90,551 12 $875,552 14 $1,142,785
D 2 $107,144 37 $2,558,913 33 $2,009,803 72 $4,675,861
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 73.47% $7,945,900 67.93% $36,082,744 57.43% $49,701,788 62.29% $93,730,432
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 17 $1,530,236 104 $10,419,672 355 $28,796,347 476 $40,746,255
30-59 2 $240,513 9 $968,535 15 $1,331,948 26 $2,540,996
60-89 2 $79,807 4 $285,572 7 $574,593 13 $939,972
90-119 1 $55,171 1 $49,360 4 $248,658 6 $353,189
120-179 1 $206,694 8 $1,182,430 9 $823,555 18 $2,212,679
180-269 2 $285,011 3 $123,336 18 $1,247,504 23 $1,655,851
270-359 0 $0 6 $505,664 3 $198,934 9 $704,598
360+ 2 $162,040 22 $1,777,252 25 $1,925,498 49 $3,864,790
REO 0 $0 24 $1,432,749 14 $1,006,862 38 $2,439,611
90+REO 6 $708,916 64 $5,070,791 73 $5,451,011 $143 $11,230,718
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 0.68% $73,040 6.06% $3,217,846 2.23% $1,933,533 3.47% $5,224,419
Severity 23.38% 55.18% 42.85% 49.02%
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.94% $65,036 6.43% $1,886,241 1.65% $834,537 3.21% $2,785,814
B 0.26% $8,004 3.39% $469,575 2.43% $549,601 2.60% $1,027,180
C 0.00% $0 11.73% $419,760 4.40% $267,476 7.08% $687,236
C- 0.00% $0 18.91% $119,049 1.37% $27,313 4.60% $146,362
D 0.00% $0 5.64% $323,221 4.94% $254,605 5.18% $577,826
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1998-B
ARM LOANS
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%
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 89 $7,894,812 439 $48,056,447 1179 $95,683,576 1707 $151,634,834
LTV/WAC 78.21% 12.13% 80.36% 12.30% 77.91% 11.74% 78.70% 11.94%
A/A- 43 $4,130,176 255 $30,422,527 571 $53,221,593 869 $87,774,295
B 28 $2,612,948 99 $10,559,992 394 $29,871,000 521 $43,043,940
C 9 $592,730 32 $2,531,545 110 $6,009,301 151 $9,133,576
C- 4 $280,309 4 $360,374 27 $1,617,522 35 $2,258,205
D 5 $278,648 49 $4,182,010 77 $4,964,160 131 $9,424,818
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 62.37% $12,911,600 62.04% $79,536,188 56.88% $128,315,745 58.95% $220,763,533
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 75 $6,739,691 311 $34,644,370 904 $74,289,240 1290 $115,673,301
30-59 1 $29,894 19 $1,894,781 49 $3,714,042 69 $5,638,717
60-89 3 $250,312 7 $739,253 23 $1,998,230 33 $2,987,795
90-119 2 $101,135 9 $980,255 19 $1,660,965 30 $2,742,355
120-179 2 $168,587 17 $1,760,342 17 $1,251,069 36 $3,179,998
180-269 0 $0 19 $1,708,407 32 $2,239,192 51 $3,947,599
270-359 1 $91,997 1 $85,559 24 $2,047,217 26 $2,224,773
360+ 4 $472,942 32 $3,669,965 49 $4,431,458 85 $8,574,365
REO 1 $40,254 24 $2,573,515 62 $4,052,161 87 $6,665,930
90+REO 10 $874,915 102 $10,778,043 203 $15,682,062 $315 $27,335,020
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 1.13% $234,868 3.51% $4,496,401 2.49% $5,623,023 2.77% $10,354,292
Severity 37.80% 45.11% 43.68% 44.13%
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.65% $72,583 3.00% $2,516,589 1.69% $2,207,144 2.13% $4,796,316
B 1.05% $64,244 3.07% $770,169 2.79% $1,774,423 2.75% $2,608,836
C 2.13% $43,141 4.16% $297,293 6.53% $915,879 5.41% $1,256,313
C- 0.00% $0 0.00% $0 0.81% $35,391 0.59% $35,391
D 6.89% $54,899 8.23% $912,350 5.39% $690,186 6.72% $1,657,435
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1998-C
ARM LOANS
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%
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 87 $9,439,797 307 $34,839,167 936 $79,105,889 1330 $123,384,852
LTV/WAC 79.27% 11.08% 81.53% 11.89% 79.05% 11.58% 79.77% 11.63%
A/A- 50 $6,473,523 195 $23,994,326 517 $49,957,050 762 $80,424,900
B 26 $2,243,476 72 $7,228,707 283 $21,032,107 381 $30,504,290
C 6 $384,908 14 $1,096,435 59 $3,691,297 79 $5,172,640
C- 1 $36,615 1 $52,095 16 $1,136,954 18 $1,225,663
D 4 $301,274 25 $2,467,604 61 $3,288,481 90 $6,057,360
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 55.00% $11,621,700 53.84% $41,239,467 50.54% $81,807,403 51.88% $134,668,570
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 63 $6,618,203 244 $28,040,130 764 $65,215,631 1071 $99,873,964
30-59 4 $267,209 11 $1,403,404 35 $3,205,769 50 $4,876,382
60-89 4 $242,122 10 $1,049,749 19 $1,905,673 33 $3,197,544
90-119 1 $71,618 5 $315,763 6 $445,545 12 $832,926
120-179 2 $201,784 5 $489,844 16 $1,417,621 23 $2,109,249
180-269 1 $78,048 10 $1,166,246 16 $1,348,960 27 $2,593,254
270-359 5 $821,489 4 $395,143 18 $1,275,644 27 $2,492,276
360+ 4 $626,100 8 $1,049,212 39 $2,831,503 51 $4,506,815
REO 3 $513,223 10 $929,677 23 $1,459,543 36 $2,902,443
90+REO 16 $2,312,262 42 $4,345,885 118 $8,778,816 $176 $15,436,963
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 1.34% $283,742 1.31% $999,773 1.53% $2,473,443 1.45% $3,756,958
Severity 41.74% 34.96% 34.78% 35.27%
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 1.05% $155,742 0.64% $313,228 1.03% $1,035,537 0.91% $1,504,507
B 1.63% $80,301 2.37% $391,239 1.72% $753,912 1.88% $1,225,452
C 5.21% $47,700 1.61% $64,235 2.98% $242,898 2.72% $354,833
C- 0.00% $0 0.00% $0 4.25% $105,699 3.51% $105,699
D 0.00% $0 3.46% $231,071 5.21% $335,398 4.19% $566,469
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
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</TABLE>
AS OF: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
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COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1999-1
ARM LOANS
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
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<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%
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 66 $7,113,888 44 $3,935,058 1602 $142,609,188 1712 $153,658,134
LTV/WAC 78.32% 10.47% 76.83% 11.58% 76.96% 10.35% 77.02% 10.39%
A/A- 35 $4,435,039 17 $1,558,781 724 $77,159,789 776 $83,153,608
B 17 $1,516,183 9 $1,139,528 448 $37,489,887 474 $40,145,598
C 6 $534,755 3 $133,270 153 $10,180,182 162 $10,848,207
C- 0 $0 1 $59,722 49 $2,564,314 50 $2,624,036
D 8 $627,912 14 $1,043,758 228 $15,215,015 250 $16,886,685
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 33.26% $3,586,500 32.62% $1,947,450 22.34% $41,356,579 23.23% $46,890,529
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DELINQUENCY STATUS
CURRENT 58 $6,498,766 43 $3,892,882 1325 $120,752,801 1426 $131,144,449
30-59 1 $38,398 0 $0 59 $4,534,884 60 $4,573,282
60-89 0 $0 0 $0 17 $1,643,650 17 $1,643,650
90-119 0 $0 0 $0 19 $1,460,238 19 $1,460,238
120-179 2 $136,809 0 $0 37 $3,151,123 39 $3,287,932
180-269 4 $387,996 0 $0 41 $2,731,511 45 $3,119,507
270-359 1 $51,919 0 $0 43 $3,332,275 44 $3,384,194
360+ 0 $0 0 $0 30 $2,306,278 30 $2,306,278
REO 0 $0 1 $42,176 31 $2,696,428 32 $2,738,604
90+REO 7 $576,724 1 $42,176 201 $15,677,853 $209 $16,296,753
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LOSS TO DATE
% to Original Pool Balance 0.24% $25,375 0.26% $15,411 0.66% $1,224,089 0.63% $1,264,875
Severity 110.33% 27.25% 35.95% 36.30%
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LOSS TO DATE BY GRADE
A/A- 0.00% $0 0.00% $0 0.23% $222,003 0.21% $222,003
B 0.00% $0 0.00% $0 0.56% $271,149 0.52% $271,149
C 4.23% $25,375 0.00% $0 1.66% $242,820 1.72% $268,195
C- 0.00% $0 0.00% $0 1.48% $67,865 1.43% $67,865
D 0.00% $0 0.93% $15,411 1.90% $420,253 1.75% $435,664
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
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</TABLE>
AS OF: SEPTEMBER 2000
<PAGE>
<TABLE>
<CAPTION>
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COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1999-2
ARM LOANS
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%
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 39 $3,496,397 91 $10,046,661 1571 $136,804,714 1701 $150,347,772
LTV/WAC 72.00% 10.41% 81.20% 9.93% 79.37% 10.40% 79.32% 10.36%
A/A- 17 $1,763,601 49 $6,007,696 775 $79,571,800 841 $87,343,096
B 9 $852,538 26 $2,720,421 461 $35,920,292 496 $39,493,252
C 2 $112,272 12 $1,011,902 133 $9,785,770 147 $10,909,944
C- 5 $310,242 3 $221,178 37 $2,543,388 45 $3,074,808
D 6 $457,745 1 $85,464 164 $8,864,470 171 $9,407,679
Unknown 0 $0 0 $0 0 $0 0 $0
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PAID OFF 30.14% $1,517,700 17.39% $2,131,690 9.46% $14,376,773 10.65% $18,026,163
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Status
CURRENT 34 $3,144,543 84 $9,189,287 1329 $116,912,341 1447 $129,246,171
30-59 2 $112,538 1 $119,235 52 $4,341,024 55 $4,572,797
60-89 0 $0 2 $223,314 25 $2,005,059 27 $2,228,373
90-119 0 $0 0 $0 16 $1,026,069 16 $1,026,069
120-179 2 $186,033 1 $64,055 42 $2,936,822 45 $3,186,910
180-269 0 $0 2 $425,771 45 $4,332,577 47 $4,758,348
270-359 1 $53,283 0 $0 36 $3,193,536 37 $3,246,819
360+ 0 $0 0 $0 4 $516,450 4 $516,450
REO 0 $0 1 $25,000 22 $1,540,837 23 $1,565,837
90+REO 3 $239,316 4 $514,826 165 $13,546,291 $172 $14,300,433
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LOSS TO DATE
% to Original 0.00% $0 0.50% $61,720 0.33% $502,747 0.33% $564,467
Severity 0.00% 26.38% 39.04% 37.09%
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LOSS TO DATE BY GRADE
A/A- 0.00% $0 0.00% $0 0.11% $91,781 0.09% $91,781
B 0.00% $0 0.00% $0 0.35% $138,308 0.32% $138,308
C 0.00% $0 0.00% $0 0.91% $104,328 0.81% $104,328
C- 0.00% $0 0.00% $0 0.00% $0 0.00% $0
D 0.00% $0 13.67% $61,720 1.54% $168,331 1.92% $230,051
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
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</TABLE>
AS OF: SEPTEMBER 2000
