<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1994-A
FIXED RATE LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 334 $11,608,770 6 $219,100 0 $0 340 $11,827,870
LTV/WAC 50.65% 10.72% 60.44% 11.28% 0.00% 0.00% 50.83% 10.73%
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 $1,677,205 3 $110,787 0 $0 62 $1,787,992
LTV/WAC 52.27% 10.65% 59.92% 11.21% 0.00% 0.00% 52.74% 10.68%
A/A- 3 $62,194 0 $0 0 $0 3 $62,194
B 25 $614,399 1 $59,045 0 $0 26 $673,444
C 8 $266,450 0 $0 0 $0 8 $266,450
C- 1 $39,565 1 $35,422 0 $0 2 $74,987
D 12 $352,349 0 $0 0 $0 12 $352,349
Unknown 10 $342,247 1 $16,319 0 $0 11 $358,566
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 80.57% $9,353,365 40.76% $89,300 0.00% $0 79.83% $9,442,665
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 56 $1,610,472 3 $110,787 0 $0 59 $1,721,259
30-59 1 $22,308 0 $0 0 $0 1 $22,308
60-89 0 $0 0 $0 0 $0 0 $0
90-119 1 $32,698 0 $0 0 $0 1 $32,698
120-179 1 $11,727 0 $0 0 $0 1 $11,727
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 2 $44,425 - $0 - $0 $2 $44,425
------------------------------------------------------------------------------------------------------------------------------------
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% $2,778 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
------------------------------------------------------------------------------------------------------------------------------------
AS OF: AUGUST 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1994-B
FIXED RATE LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 476 $17,797,985 25 $1,930,050 0 $0 501 $19,728,035
LTV/WAC 54.73% 11.02% 57.62% 10.86% 0.00% 0.00% 55.01% 11.00%
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 92 $2,485,819 7 $459,569 0 $0 99 $2,945,388
LTV/WAC 55.71% 10.83% 60.07% 10.38% 0.00% 0.00% 56.39% 10.76%
A/A- 28 $773,005 2 $113,008 0 $0 30 $886,013
B 19 $451,496 1 $106,720 0 $0 20 $558,216
C 18 $459,050 0 $0 0 $0 18 $459,050
C- 1 $23,489 1 $50,760 0 $0 2 $74,249
D 25 $756,472 2 $99,546 0 $0 27 $856,018
Unknown 1 $22,306 1 $89,535 0 $0 2 $111,841
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 81.65% $14,532,040 74.15% $1,431,200 0.00% $0 80.92% $15,963,240
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 89 $2,404,170 7 $459,569 0 $0 96 $2,863,739
30-59 1 $12,202 0 $0 0 $0 1 $12,202
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 $61,892 0 $0 0 $0 1 $61,892
360+ 1 $7,555 0 $0 0 $0 1 $7,555
REO 0 $0 0 $0 0 $0 0 $0
90+REO 2 $69,447 - $0 - $0 $2 $69,447
------------------------------------------------------------------------------------------------------------------------------------
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
------------------------------------------------------------------------------------------------------------------------------------
AS OF: AUGUST 2000
</TABLE>
<PAGE>
-------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1994-C
FIXED RATE LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 713 $25,077,750 131 $7,834,805 0 $0 844 $32,912,555
LTV/WAC 54.04% 11.73% 63.97% 12.22% 0.00% 0.00% 56.41% 11.84%
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 116 $3,834,221 20 $1,346,859 0 $0 136 $5,181,080
LTV/WAC 54.36% 11.41% 65.60% 11.47% 0.00% 0.00% 57.28% 11.42%
A/A- 48 $1,617,801 8 $560,691 0 $0 56 $2,178,492
B 16 $569,661 4 $378,461 0 $0 20 $948,122
C 21 $634,898 1 $39,126 0 $0 22 $674,024
C- 3 $61,783 4 $276,264 0 $0 7 $338,047
D 28 $950,077 3 $92,319 0 $0 31 $1,042,396
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 82.15% $20,600,250 81.83% $6,410,930 0.00% $0 82.07% $27,011,180
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 107 $3,577,482 17 $1,182,379 0 $0 124 $4,759,861
30-59 6 $143,137 1 $18,641 0 $0 7 $161,778
60-89 0 $0 0 $0 0 $0 0 $0
90-119 0 $0 0 $0 0 $0 0 $0
120-179 1 $83,101 0 $0 0 $0 1 $83,101
180-269 1 $10,130 2 $145,840 0 $0 3 $155,970
270-359 0 $0 0 $0 0 $0 0 $0
360+ 1 $20,370 0 $0 0 $0 1 $20,370
REO 0 $0 0 $0 0 $0 0 $0
90+REO 3 $113,601 2 $145,840 - $0 $5 $259,441
------------------------------------------------------------------------------------------------------------------------------------
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
------------------------------------------------------------------------------------------------------------------------------------
AS OF: AUGUST 2000
</TABLE>
<PAGE>
-------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1994-D
FIXED RATE LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 745 $28,574,595 75 $4,703,203 0 $0 820 $33,277,798
LTV/WAC 55.81% 11.72% 63.20% 12.15% 0.00% 0.00% 56.86% 11.78%
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 123 $4,595,755 15 $851,757 0 $0 138 $5,447,512
LTV/WAC 59.19% 11.32% 61.67% 11.71% 0.00% 0.00% 59.58% 11.38%
A/A- 59 $2,552,781 4 $188,090 0 $0 63 $2,740,871
B 12 $492,641 3 $114,504 0 $0 15 $607,145
C 37 $1,138,041 6 $291,875 0 $0 43 $1,429,917
C- 4 $114,548 2 $257,287 0 $0 6 $371,836
D 11 $297,744 0 $0 0 $0 11 $297,744
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 81.01% $23,147,395 80.63% $3,792,055 0.00% $0 80.95% $26,939,450
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 119 $4,338,105 15 $851,757 0 $0 134 $5,189,862
30-59 1 $55,901 0 $0 0 $0 1 $55,901
60-89 1 $16,214 0 $0 0 $0 1 $16,214
90-119 0 $0 0 $0 0 $0 0 $0
120-179 0 $0 0 $0 0 $0 0 $0
180-269 1 $121,621 0 $0 0 $0 1 $121,621
270-359 0 $0 0 $0 0 $0 0 $0
360+ 1 $63,913 0 $0 0 $0 1 $63,913
REO 0 $0 0 $0 0 $0 0 $0
90+REO 2 $185,534 - $0 - $0 $2 $185,534
------------------------------------------------------------------------------------------------------------------------------------
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
------------------------------------------------------------------------------------------------------------------------------------
AS OF: AUGUST 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1995-A
FIXED RATE LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 531 $21,565,150 265 $15,533,351 0 $0 796 $37,098,501
LTV/WAC 54.50% 12.21% 64.23% 12.86% 0.00% 0.00% 58.57% 12.48%
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 99 $3,253,279 30 $1,501,602 0 $0 129 $4,754,881
LTV/WAC 54.38% 11.92% 65.30% 12.77% 0.00% 0.00% 57.83% 12.19%
A/A- 39 $1,324,560 11 $596,999 0 $0 50 $1,921,558
B 6 $291,824 4 $110,994 0 $0 10 $402,818
C 28 $876,168 8 $371,572 0 $0 36 $1,247,740
C- 10 $220,523 4 $345,495 0 $0 14 $566,019
D 16 $540,204 3 $76,542 0 $0 19 $616,746
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 81.95% $17,672,550 89.60% $13,918,631 0.00% $0 85.15% $31,591,181
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 95 $3,002,111 24 $1,208,001 0 $0 119 $4,210,112
30-59 1 $78,655 0 $0 0 $0 1 $78,655
60-89 0 $0 0 $0 0 $0 0 $0
90-119 0 $0 0 $0 0 $0 0 $0
120-179 1 $17,426 2 $84,920 0 $0 3 $102,346
180-269 0 $0 0 $0 0 $0 0 $0
270-359 0 $0 1 $135,584 0 $0 1 $135,584
360+ 1 $68,010 3 $73,097 0 $0 4 $141,107
REO 1 $87,077 0 $0 0 $0 1 $87,077
90+REO 3 $172,513 6 $293,601 - $0 $9 $466,114
-----------------------------------------------------------------------------------------------------------------------------------
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
-----------------------------------------------------------------------------------------------------------------------------------
AS OF: AUGUST 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1995-B
FIXED RATE LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 417 $16,390,500 425 $23,630,253 0 $0 842 $40,020,753
LTV/WAC 58.00% 12.26% 63.17% 13.72% 0.00% 0.00% 61.05% 13.12%
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 77 $2,852,370 44 $2,549,478 0 $0 121 $5,401,849
LTV/WAC 58.79% 11.96% 64.75% 13.33% 0.00% 0.00% 61.60% 12.61%
A/A- 32 $1,241,087 7 $601,191 0 $0 39 $1,842,278
B 18 $894,865 14 $595,950 0 $0 32 $1,490,816
C 21 $556,208 10 $504,134 0 $0 31 $1,060,342
C- 3 $71,235 9 $615,428 0 $0 12 $686,663
D 3 $88,975 4 $232,775 0 $0 7 $321,750
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 79.55% $13,038,200 88.56% $20,927,593 0.00% $0 84.87% $33,965,793
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 75 $2,747,769 38 $2,050,180 0 $0 113 $4,797,949
30-59 1 $77,193 0 $0 0 $0 1 $77,193
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 $95,147 0 $0 2 $95,147
180-269 0 $0 0 $0 0 $0 0 $0
270-359 0 $0 0 $0 0 $0 0 $0
360+ 0 $0 3 $179,851 0 $0 3 $179,851
REO 1 $27,409 1 $224,300 0 $0 2 $251,709
90+REO 1 $27,409 6 $499,298 - $0 $7 $526,707
-----------------------------------------------------------------------------------------------------------------------------------
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
-----------------------------------------------------------------------------------------------------------------------------------
AS OF: AUGUST 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1995-C
FIXED RATE LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 737 $28,579,800 319 $20,707,288 0 $0 1056 $49,287,088
LTV/WAC 57.06% 11.67% 63.90% 13.38% 0.00% 0.00% 59.94% 12.39%
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 129 $4,360,783 45 $3,221,865 0 $0 174 $7,582,647
LTV/WAC 56.76% 11.38% 67.63% 12.58% 0.00% 0.00% 61.38% 11.89%
A/A- 56 $2,045,519 16 $1,300,510 0 $0 72 $3,346,029
B 37 $1,307,680 10 $651,840 0 $0 47 $1,959,520
C 27 $746,899 6 $194,973 0 $0 33 $941,872
C- 5 $166,466 7 $420,008 0 $0 12 $586,474
D 4 $94,219 6 $654,534 0 $0 10 $748,753
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 82.02% $23,441,700 83.64% $17,319,649 0.00% $0 82.70% $40,761,349
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 122 $4,023,922 35 $2,401,207 0 $0 157 $6,425,129
30-59 5 $246,259 1 $34,577 0 $0 6 $280,836
60-89 1 $42,540 0 $0 0 $0 1 $42,540
90-119 0 $0 1 $43,568 0 $0 1 $43,568
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 $81,640 0 $0 2 $81,640
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 9 $786,081 - $0 $10 $834,142
-----------------------------------------------------------------------------------------------------------------------------------
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
-----------------------------------------------------------------------------------------------------------------------------------
AS OF: AUGUST 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1995-D
FIXED RATE LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 1268 $58,411,200 482 $31,678,815 0 $0 1750 $90,090,015
LTV/WAC 60.90% 10.55% 64.94% 12.80% 0.00% 0.00% 62.32% 11.34%
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 291 $12,218,832 102 $6,206,250 0 $0 393 $18,425,082
LTV/WAC 61.84% 10.29% 66.69% 12.24% 0.00% 0.00% 63.47% 10.95%
A/A- 124 $5,842,473 35 $2,414,404 0 $0 159 $8,256,877
B 63 $3,019,433 19 $1,207,861 0 $0 82 $4,227,294
C 78 $2,411,726 19 $1,034,253 0 $0 97 $3,445,980
C- 21 $830,506 15 $743,501 0 $0 36 $1,574,007
D 5 $114,693 14 $806,231 0 $0 19 $920,924
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 76.17% $44,489,200 79.45% $25,168,105 0.00% $0 77.32% $69,657,305
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 277 $11,429,056 83 $5,305,435 0 $0 360 $16,734,491
30-59 5 $357,005 4 $293,052 0 $0 9 $650,057
60-89 1 $46,252 2 $64,252 0 $0 3 $110,504
90-119 3 $119,790 2 $54,087 0 $0 5 $173,877
120-179 2 $93,427 2 $119,882 0 $0 4 $213,309
180-269 2 $143,948 0 $0 0 $0 2 $143,948
270-359 0 $0 0 $0 0 $0 0 $0
360+ 0 $0 8 $305,971 0 $0 8 $305,971
REO 1 $29,355 1 $63,572 0 $0 2 $92,927
90+REO 8 $386,520 13 $543,512 - $0 $21 $930,032
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 0.44% $257,949 8.04% $2,546,390 0.00% $0 3.11% $2,804,339
Severity 21.64% 49.80% 0.00% 44.48%
-----------------------------------------------------------------------------------------------------------------------------------
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 0.21% $26,324 6.79% $421,603 0.00% $0 2.36% $447,927
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
-----------------------------------------------------------------------------------------------------------------------------------
AS OF: AUGUST 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1996-A
FIXED RATE LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 954 $42,687,500 770 $57,454,950 0 $0 1724 $100,142,450
LTV/WAC 62.48% 10.85% 65.10% 12.54% 0.00% 0.00% 63.98% 11.82%
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 252 $11,917,845 167 $11,667,978 0 $0 419 $23,585,823
LTV/WAC 65.83% 10.49% 66.25% 11.97% 0.00% 0.00% 66.03% 11.22%
A/A- 101 $5,425,435 51 $4,236,720 0 $0 152 $9,662,155
B 63 $3,188,751 19 $1,696,446 0 $0 82 $4,885,197
C 64 $2,663,724 20 $917,196 0 $0 84 $3,580,920
C- 15 $392,415 23 $1,349,314 0 $0 38 $1,741,728
D 9 $247,519 54 $3,468,303 0 $0 63 $3,715,822
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 68.28% $29,145,700 78.76% $45,250,016 0.00% $0 74.29% $74,395,716
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 239 $11,278,919 132 $9,493,745 0 $0 371 $20,772,664
30-59 6 $313,375 2 $141,314 0 $0 8 $454,689
60-89 1 $70,257 3 $172,946 0 $0 4 $243,203
90-119 0 $0 2 $177,953 0 $0 2 $177,953
120-179 0 $0 2 $168,459 0 $0 2 $168,459
180-269 2 $68,041 4 $216,859 0 $0 6 $284,900
270-359 1 $13,663 2 $91,099 0 $0 3 $104,762
360+ 1 $10,622 14 $969,348 0 $0 15 $979,970
REO 2 $162,968 6 $236,255 0 $0 8 $399,223
90+REO 6 $255,294 30 $1,859,973 - $0 $36 $2,115,267
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 1.20% $512,449 6.68% $3,838,858 0.00% $0 4.35% $4,351,307
Severity 38.39% 48.94% 0.00% 47.41%
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.92% $157,551 4.22% $586,714 0.00% $0 2.40% $744,265
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 11.51% $890,001 0.00% $0 8.52% $1,008,548
D 1.98% $27,761 8.04% $1,790,560 0.00% $0 7.68% $1,818,321
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
-----------------------------------------------------------------------------------------------------------------------------------
AS OF: AUGUST 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1996-B
FIXED RATE LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 1332 $62,460,165 878 $57,413,366 0 $0 2210 $119,873,531
LTV/WAC 61.69% 10.97% 65.01% 12.70% 0.00% 0.00% 63.28% 11.80%
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 347 $16,386,804 206 $14,512,492 0 $0 553 $30,899,296
LTV/WAC 63.91% 10.59% 66.97% 12.16% 0.00% 0.00% 65.35% 11.33%
A/A- 149 $8,624,420 63 $5,410,656 0 $0 212 $14,035,076
B 69 $3,868,504 28 $1,947,531 0 $0 97 $5,816,034
C 57 $1,813,292 32 $2,314,451 0 $0 89 $4,127,743
C- 35 $1,339,980 16 $892,966 0 $0 51 $2,232,946
D 19 $451,618 67 $3,946,887 0 $0 86 $4,398,505
Unknown 18 $288,992 0 $0 0 $0 18 $288,992
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 70.60% $44,094,315 73.88% $42,418,165 0.00% $0 72.17% $86,512,480
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 311 $14,801,323 142 $10,282,157 0 $0 453 $25,083,480
30-59 13 $499,549 3 $119,097 0 $0 16 $618,646
60-89 0 $0 7 $481,533 0 $0 7 $481,533
90-119 2 $38,905 4 $113,498 0 $0 6 $152,403
120-179 4 $110,567 3 $183,946 0 $0 7 $294,513
180-269 6 $308,820 4 $293,150 0 $0 10 $601,970
270-359 3 $250,825 4 $290,548 0 $0 7 $541,373
360+ 6 $224,054 28 $2,125,091 0 $0 34 $2,349,145
REO 2 $152,761 11 $623,471 0 $0 13 $776,232
90+REO 23 $1,085,932 54 $3,629,704 - $0 $77 $4,715,636
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 0.84% $522,697 8.44% $4,845,122 0.00% $0 4.48% $5,367,819
Severity 39.60% 51.34% 0.00% 49.90%
-----------------------------------------------------------------------------------------------------------------------------------
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 6.82% $411,099 0.00% $0 4.50% $540,565
D 1.03% $31,621 12.75% $2,710,483 0.00% $0 11.27% $2,742,104
Unknown 4.81% $120,445 0.00% $0 0.00% $0 4.81% $120,445
-----------------------------------------------------------------------------------------------------------------------------------
AS OF: AUGUST 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1996-C
FIXED RATE LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 1602 $74,900,200 793 $53,255,408 740 $47,310,845 3135 $175,466,453
LTV/WAC 62.45% 10.82% 65.35% 12.77% 66.24% 10.86% 64.35% 11.42%
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 445 $19,362,124 213 $14,311,590 249 $15,541,280 907 $49,214,995
LTV/WAC 62.80% 10.40% 67.22% 12.46% 66.60% 10.49% 65.28% 11.03%
A/A- 208 $10,289,439 60 $4,664,166 153 $10,487,954 421 $25,441,559
B 112 $5,297,808 25 $1,747,480 56 $3,342,877 193 $10,388,165
C 76 $2,384,912 30 $1,882,557 40 $1,710,450 146 $5,977,919
C- 27 $813,293 21 $1,373,452 0 $0 48 $2,186,745
D 22 $576,672 77 $4,643,935 0 $0 99 $5,220,607
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 71.37% $53,458,000 72.54% $38,632,209 65.65% $31,061,668 70.19% $123,151,877
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 407 $17,951,511 158 $11,030,094 220 $13,837,702 785 $42,819,307
30-59 7 $364,048 5 $238,873 5 $405,130 17 $1,008,051
60-89 1 $11,412 0 $0 2 $133,334 3 $144,746
90-119 2 $52,261 6 $344,140 1 $41,101 9 $437,502
120-179 5 $272,579 1 $82,121 3 $193,057 9 $547,757
180-269 3 $85,085 6 $289,539 2 $82,790 11 $457,414
270-359 4 $236,018 1 $45,763 4 $166,842 9 $448,623
360+ 14 $315,298 22 $1,427,993 8 $514,091 44 $2,257,382
REO 2 $73,911 14 $853,066 4 $167,234 20 $1,094,211
90+REO 30 $1,035,152 50 $3,042,622 22 $1,165,115 $102 $5,242,889
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 0.61% $458,974 6.81% $3,626,138 3.17% $1,500,716 3.18% $5,585,828
Severity 40.22% 53.34% 42.04% 48.53%
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.12% $43,010 1.55% $212,024 2.10% $588,603 1.10% $843,637
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 12.14% $2,360,983 25.53% $28,117 10.82% $2,508,195
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
-----------------------------------------------------------------------------------------------------------------------------------
AS OF: AUGUST 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1996-D
FIXED RATE LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 2083 $101,797,500 1140 $73,521,616 1005 $67,125,278 4228 $242,444,394
LTV/WAC 66.14% 10.63% 67.99% 12.47% 66.25% 10.52% 66.73% 11.16%
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 675 $32,094,182 330 $20,332,763 376 $25,543,495 1381 $77,970,440
LTV/WAC 70.00% 10.34% 68.58% 12.07% 67.21% 10.20% 68.72% 10.74%
A/A- 401 $22,187,957 106 $7,379,694 220 $17,313,541 727 $46,881,192
B 133 $5,628,289 63 $3,992,329 86 $5,286,918 282 $14,907,536
C 78 $2,420,189 62 $3,547,992 49 $2,034,492 189 $8,002,673
C- 27 $910,882 28 $1,518,410 4 $143,883 59 $2,573,175
D 36 $946,865 71 $3,894,338 17 $764,661 124 $5,605,864
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 65.25% $66,426,100 71.79% $52,779,671 60.29% $40,470,080 65.86% $159,675,851
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 616 $28,975,234 219 $13,701,629 325 $22,818,174 1160 $65,495,037
30-59 22 $1,066,398 12 $565,606 6 $303,924 40 $1,935,928
60-89 5 $286,657 6 $265,877 3 $351,696 14 $904,230
90-119 4 $289,832 2 $321,076 2 $59,254 8 $670,162
120-179 8 $401,628 9 $544,609 5 $206,924 22 $1,153,161
180-269 2 $92,965 7 $349,439 3 $207,780 12 $650,184
270-359 4 $263,056 4 $241,755 3 $199,880 11 $704,691
360+ 11 $652,227 44 $2,658,032 19 $808,157 74 $4,118,416
REO 3 $66,184 27 $1,684,739 10 $587,706 40 $2,338,629
90+REO 32 $1,765,892 93 $5,799,650 42 $2,069,701 $167 $9,635,243
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 0.67% $679,722 9.34% $6,864,784 3.12% $2,097,641 3.98% $9,642,147
Severity 41.25% 62.42% 51.22% 57.60%
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.28% $181,336 7.29% $1,864,624 0.98% $393,041 1.88% $2,439,001
B 1.06% $205,676 7.52% $1,048,979 4.52% $714,381 4.01% $1,969,036
C 1.06% $102,413 11.05% $1,441,583 9.11% $633,635 7.34% $2,177,631
C- 2.26% $84,377 11.02% $586,250 7.95% $83,065 7.46% $753,692
D 2.12% $105,920 12.30% $1,923,347 8.51% $273,518 9.66% $2,302,785
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
-----------------------------------------------------------------------------------------------------------------------------------
AS OF: AUGUST 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1997-A
FIXED RATE LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 2226 $112,665,600 712 $47,333,513 805 $56,810,229 3743 $216,809,342
LTV/WAC 69.49% 10.29% 69.40% 11.84% 66.71% 10.22% 68.74% 10.61%
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 876 $44,639,080 258 $16,191,373 373 $26,542,072 1507 $87,372,525
LTV/WAC 70.14% 10.02% 70.00% 11.56% 66.45% 9.93% 68.99% 10.28%
A/A- 505 $30,466,386 76 $6,303,819 235 $18,350,582 816 $55,120,788
B 217 $9,285,761 66 $4,477,539 78 $5,128,291 361 $18,891,591
C 88 $2,714,282 54 $2,535,802 35 $1,642,010 177 $6,892,094
C- 22 $585,844 11 $377,187 5 $333,013 38 $1,296,044
D 44 $1,586,808 51 $2,497,025 20 $1,088,176 115 $5,172,008
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 56.87% $64,069,600 63.89% $30,242,150 51.52% $29,269,965 57.00% $123,581,715
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 809 $41,176,448 200 $12,132,989 330 $23,618,514 1339 $76,927,951
30-59 11 $467,467 4 $346,433 11 $583,694 26 $1,397,594
60-89 5 $444,418 3 $374,019 0 $0 8 $818,437
90-119 3 $212,337 3 $81,440 4 $210,638 10 $504,415
120-179 12 $533,847 3 $99,582 4 $294,944 19 $928,373
180-269 5 $279,271 8 $412,268 6 $329,982 19 $1,021,521
270-359 3 $107,723 10 $504,532 1 $74,002 14 $686,257
360+ 18 $939,605 20 $1,508,862 8 $781,656 46 $3,230,123
REO 10 $477,965 7 $731,247 9 $648,642 26 $1,857,854
90+REO 51 $2,550,748 51 $3,337,931 32 $2,339,864 $134 $8,228,543
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 1.11% $1,251,592 5.95% $2,818,087 2.69% $1,529,333 2.58% $5,599,012
Severity 43.88% 65.93% 35.27% 48.85%
-----------------------------------------------------------------------------------------------------------------------------------
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 4.81% $555,969 2.97% $363,512 2.50% $1,238,138
C 2.30% $212,607 6.66% $500,238 6.38% $270,969 4.69% $983,814
C- 2.98% $64,570 17.75% $427,136 5.41% $59,473 9.72% $551,179
D 4.95% $279,260 8.93% $690,063 7.48% $220,822 7.29% $1,190,145
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
-----------------------------------------------------------------------------------------------------------------------------------
AS OF: AUGUST 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1997-B
FIXED RATE LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 1836 $97,362,200 752 $50,943,403 605 $41,970,575 3193 $190,276,178
LTV/WAC 68.31% 10.41% 68.03% 11.08% 69.14% 10.25% 68.42% 10.56%
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 760 $37,229,251 324 $19,939,805 279 $20,251,715 1363 $77,420,771
LTV/WAC 69.88% 10.17% 69.20% 10.68% 70.12% 9.82% 69.77% 10.21%
A/A- 438 $24,625,725 155 $10,337,335 187 $14,923,832 780 $49,886,891
B 192 $8,470,617 95 $5,988,830 58 $3,834,645 345 $18,294,092
C 86 $2,867,195 53 $2,584,463 17 $936,511 156 $6,388,169
C- 20 $544,193 8 $339,840 5 $153,463 33 $1,037,496
D 23 $674,556 13 $689,338 12 $403,264 48 $1,767,157
Unknown 1 $46,966 0 $0 0 $0 1 $46,966
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 58.58% $57,032,700 59.35% $30,234,362 49.94% $20,961,960 56.88% $108,229,022
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 708 $34,551,211 286 $17,569,775 245 $18,215,706 1239 $70,336,692
30-59 11 $503,065 3 $223,468 3 $400,577 17 $1,127,110
60-89 4 $160,524 6 $183,865 2 $47,187 12 $391,576
90-119 4 $223,549 1 $55,698 1 $30,801 6 $310,048
120-179 7 $342,836 4 $193,789 4 $347,734 15 $884,359
180-269 4 $343,041 6 $277,614 6 $200,828 16 $821,483
270-359 5 $236,082 0 $0 2 $167,541 7 $403,623
360+ 11 $580,285 13 $972,172 10 $518,421 34 $2,070,878
REO 6 $288,659 5 $463,424 6 $322,920 17 $1,075,003
90+REO 37 $2,014,452 29 $1,962,697 29 $1,588,245 $95 $5,565,394
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 1.15% $1,114,923 2.97% $1,515,294 3.59% $1,506,876 2.17% $4,137,093
Severity 43.35% 63.76% 46.02% 50.31%
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.74% $449,897 1.09% $272,120 2.34% $624,427 1.19% $1,346,444
B 1.12% $244,337 3.50% $490,701 4.75% $447,497 2.62% $1,182,535
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
-----------------------------------------------------------------------------------------------------------------------------------
As of: August 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1997-C
FIXED RATE LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 1857 $93,139,900 577 $44,292,659 631 $40,415,609 3065 $177,848,168
LTV/WAC 69.13% 10.71% 76.54% 11.20% 70.70% 10.44% 71.34% 10.77%
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 806 $39,232,819 243 $18,348,908 323 $20,278,646 1372 $77,860,372
LTV/WAC 71.82% 10.53% 77.33% 10.79% 71.98% 10.15% 73.16% 10.49%
A/A- 459 $26,299,069 149 $12,317,753 204 $14,332,113 812 $52,948,936
B 194 $8,375,967 55 $4,262,598 72 $4,151,751 321 $16,790,315
C 93 $2,708,622 18 $965,849 24 $948,594 135 $4,623,065
C- 28 $898,727 7 $329,383 6 $206,810 41 $1,434,920
D 32 $950,433 14 $473,324 17 $639,378 63 $2,063,136
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 54.78% $51,025,600 57.06% $25,275,197 48.10% $19,441,109 53.83% $95,741,906
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 714 $34,511,991 199 $15,128,442 272 $16,964,361 1185 $66,604,794
30-59 21 $1,090,927 5 $599,367 3 $447,525 29 $2,137,819
60-89 5 $291,405 1 $31,851 3 $176,054 9 $499,310
90-119 8 $386,428 5 $331,419 2 $167,679 15 $885,526
120-179 11 $707,731 3 $155,647 7 $381,375 21 $1,244,753
180-269 9 $395,143 6 $430,504 5 $472,787 20 $1,298,434
270-359 8 $562,704 6 $477,148 3 $141,987 17 $1,181,839
360+ 14 $618,598 11 $752,457 14 $1,020,938 39 $2,391,993
REO 16 $667,892 7 $442,073 14 $505,940 37 $1,615,905
90+REO 66 $3,338,496 38 $2,589,248 45 $2,690,706 $149 $8,618,450
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 1.18% $1,094,707 3.51% $1,554,787 2.67% $1,081,105 2.10% $3,730,599
Severity 47.10% 54.75% 45.75% 49.56%
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.64% $374,212 2.69% $761,781 1.75% $466,412 1.42% $1,602,405
B 1.87% $374,446 4.69% $436,921 2.34% $187,129 2.68% $998,496
C 2.38% $205,016 5.64% $214,223 6.09% $178,520 3.90% $597,759
C- 2.07% $55,204 0.00% $0 5.16% $37,367 2.24% $92,571
D 2.36% $85,830 6.57% $141,862 10.11% $211,677 5.56% $439,369
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
-----------------------------------------------------------------------------------------------------------------------------------
As of: August 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1997-D
FIXED RATE LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 2493 $129,898,935 526 $42,709,867 749 $46,948,976 3768 $219,557,778
LTV/WAC 68.31% 10.63% 76.99% 10.81% 70.56% 10.46% 70.48% 10.63%
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 1220 $61,058,437 273 $21,801,600 433 $27,030,062 1926 $109,890,099
LTV/WAC 69.43% 10.40% 78.29% 10.49% 71.69% 10.18% 71.74% 10.37%
A/A- 688 $42,474,963 170 $15,367,877 255 $18,528,558 1113 $76,371,398
B 271 $11,028,638 66 $4,311,017 111 $6,097,729 448 $21,437,385
C 128 $3,748,566 17 $910,080 35 $1,165,379 180 $5,824,024
C- 68 $1,946,086 5 $288,503 12 $513,657 85 $2,748,246
D 65 $1,860,184 15 $924,124 20 $724,739 100 $3,509,047
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 49.78% $64,659,700 48.09% $20,540,318 40.96% $19,232,178 47.56% $104,432,196
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 1092 $54,919,968 230 $18,579,247 370 $23,436,343 1692 $96,935,558
30-59 22 $1,199,171 6 $198,072 1 $30,391 29 $1,427,634
60-89 11 $529,057 0 $0 2 $191,823 13 $720,880
90-119 10 $447,540 1 $51,416 3 $144,772 14 $643,728
120-179 13 $515,480 5 $383,238 6 $289,264 24 $1,187,982
180-269 18 $978,775 6 $367,354 9 $735,002 33 $2,081,131
270-359 12 $426,460 1 $29,131 3 $176,359 16 $631,950
360+ 25 $1,213,543 14 $1,610,284 19 $1,027,677 58 $3,851,504
REO 17 $828,444 10 $582,857 20 $998,431 47 $2,409,732
90+REO 95 $4,410,242 37 $3,024,280 60 $3,371,505 $192 $10,806,027
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 1.35% $1,752,778 6.44% $2,748,681 2.73% $1,282,949 2.63% $5,784,408
Severity 47.26% 60.79% 56.81% 55.15%
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.59% $493,529 4.58% $1,317,722 1.07% $300,155 1.51% $2,111,406
B 1.53% $401,896 6.30% $530,344 3.22% $396,419 2.83% $1,328,659
C 4.10% $396,270 16.47% $384,645 8.42% $226,909 6.85% $1,007,824
C- 2.01% $107,420 1.08% $6,881 2.33% $23,478 1.97% $137,779
D 6.35% $353,663 20.08% $509,089 11.67% $335,987 10.92% $1,198,739
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
-----------------------------------------------------------------------------------------------------------------------------------
As of: August 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1998-A
FIXED RATE LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 1718 $78,921,789 486 $40,773,151 461 $31,396,056 2665 $151,090,996
LTV/WAC 67.97% 10.67% 76.94% 10.46% 73.34% 10.23% 71.51% 10.52%
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 891 $40,656,575 285 $24,598,133 302 $20,831,098 1478 $86,085,806
LTV/WAC 70.25% 10.43% 79.99% 10.17% 74.07% 9.96% 73.96% 10.24%
A/A- 496 $29,056,286 178 $17,845,746 185 $15,034,701 859 $61,936,733
B 180 $6,487,709 59 $4,376,051 77 $4,346,071 316 $15,209,831
C 71 $1,984,523 27 $1,417,163 21 $805,564 119 $4,207,250
C- 91 $1,743,144 3 $67,922 4 $120,688 98 $1,931,754
D 53 $1,384,913 18 $891,251 15 $524,075 86 $2,800,238
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 44.42% $35,060,639 38.05% $15,513,216 31.87% $10,005,830 40.09% $60,579,685
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 816 $37,092,660 242 $21,081,190 258 $18,390,762 1316 $76,564,612
30-59 14 $675,855 5 $548,764 5 $318,441 24 $1,543,060
60-89 4 $228,320 2 $129,306 2 $103,855 8 $461,481
90-119 5 $147,571 2 $142,072 1 $47,393 8 $337,036
120-179 2 $102,943 5 $531,295 6 $272,207 13 $906,445
180-269 11 $506,326 7 $377,223 4 $206,347 22 $1,089,896
270-359 7 $357,026 8 $830,213 2 $73,204 17 $1,260,443
360+ 16 $984,912 8 $463,186 14 $843,717 38 $2,291,815
REO 16 $560,963 6 $494,886 10 $575,170 32 $1,631,019
90+REO 57 $2,659,741 36 $2,838,875 37 $2,018,038 $130 $7,516,654
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 1.31% $1,035,313 4.99% $2,035,351 3.17% $994,024 2.69% $4,064,688
Severity 58.98% 52.87% 51.48% 53.94%
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.73% $374,760 3.80% $1,037,796 1.38% $279,684 1.71% $1,692,240
B 2.90% $379,569 5.82% $432,589 4.13% $319,603 4.00% $1,131,761
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 3.06% $108,495 11.37% $238,995 18.57% $221,272 8.31% $568,762
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
-----------------------------------------------------------------------------------------------------------------------------------
As of: August 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1998-B
FIXED RATE LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 2158 $113,713,440 567 $54,884,117 1127 $81,587,317 3852 $250,184,874
LTV/WAC 69.66% 10.58% 79.78% 10.10% 74.26% 10.11% 73.38% 10.32%
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 1271 $64,341,632 384 $36,619,446 744 $54,899,081 2399 $155,860,159
LTV/WAC 71.20% 10.36% 81.60% 9.84% 75.39% 9.88% 75.12% 10.07%
A/A- 677 $42,371,586 273 $28,322,795 428 $35,480,194 1378 $106,174,575
B 339 $14,377,713 71 $5,989,680 236 $15,972,121 646 $36,339,514
C 118 $3,920,159 21 $1,302,917 44 $1,695,999 183 $6,919,076
C- 77 $2,006,415 1 $50,559 8 $361,063 86 $2,418,038
D 60 $1,665,758 18 $953,494 28 $1,389,704 106 $4,008,957
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 40.06% $45,551,500 31.68% $17,385,120 30.93% $25,235,666 35.24% $88,172,286
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 1152 $58,472,075 343 $33,042,350 640 $47,512,549 2135 $139,026,974
30-59 26 $1,028,517 7 $755,104 11 $822,571 44 $2,606,192
60-89 7 $357,840 1 $23,738 11 $676,362 19 $1,057,940
90-119 8 $360,840 3 $161,696 8 $379,359 19 $901,895
120-179 5 $346,539 6 $398,216 11 $766,850 22 $1,511,605
180-269 18 $953,012 7 $662,137 13 $1,025,853 38 $2,641,002
270-359 13 $609,556 2 $91,690 9 $865,547 24 $1,566,793
360+ 25 $1,471,601 5 $408,480 20 $1,519,188 50 $3,399,269
REO 17 $741,653 10 $1,076,034 21 $1,330,800 48 $3,148,487
90+REO 86 $4,483,201 33 $2,798,253 82 $5,887,597 $201 $13,169,051
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 1.16% $1,317,737 2.43% $1,335,100 2.44% $1,993,577 1.86% $4,646,414
Severity 49.99% 53.33% 45.31% 48.71%
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.46% $320,131 1.42% $570,279 1.39% $673,800 0.99% $1,564,210
B 2.12% $547,706 2.60% $230,990 2.46% $623,467 2.34% $1,402,163
C 2.18% $199,007 8.40% $205,912 8.58% $383,148 4.91% $788,067
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
-----------------------------------------------------------------------------------------------------------------------------------
As of: August 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1998-C
FIXED RATE LOANS
<TABLE>
<CAPTION>
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 2276 $128,211,758 430 $41,334,574 1386 $105,214,727 4092 $274,761,059
LTV/WAC 72.65% 9.83% 81.07% 10.00% 74.07% 9.79% 74.46% 9.84%
A/A- 1456 $93,923,118 285 $31,091,226 793 $70,652,073 2534 $195,666,417
B 495 $23,204,073 78 $6,142,699 389 $25,351,945 962 $54,698,717
C 164 $5,650,650 26 $1,309,430 100 $4,558,551 290 $11,518,631
C- 70 $2,580,802 4 $305,921 20 $711,252 94 $3,597,975
D 91 $2,853,115 37 $2,485,299 84 $3,940,906 212 $9,279,319
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 31.58% $61,777,100 22.31% $12,088,145 22.89% $31,895,340 27.18% $105,760,585
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 2083 $117,624,875 367 $36,168,706 1187 $93,224,625 3637 $247,018,206
30-59 65 $3,119,468 10 $865,791 32 $1,924,130 107 $5,909,389
60-89 12 $620,086 2 $189,446 11 $954,592 25 $1,764,124
90-119 18 $964,669 4 $226,820 10 $630,682 32 $1,822,171
120-179 18 $1,298,524 6 $703,492 24 $1,201,901 48 $3,203,917
180-269 18 $1,162,633 8 $562,048 29 $1,381,372 55 $3,106,053
270-359 13 $611,312 2 $325,955 25 $1,785,339 40 $2,722,606
360+ 33 $1,924,467 21 $1,559,799 40 $2,799,979 94 $6,284,245
REO 16 $885,723 10 $732,517 28 $1,312,106 54 $2,930,346
90+REO 116 $6,847,328 51 $4,110,631 156 $9,111,379 $323 $20,069,338
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 0.77% $1,505,243 1.39% $753,818 1.84% $2,563,493 1.24% $4,822,554
Severity 42.33% 61.78% 50.81% 49.11%
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.54% $753,827 0.85% $324,674 1.07% $954,388 0.76% $2,032,889
B 0.95% $351,298 3.03% $273,324 2.77% $942,798 1.96% $1,567,420
C 1.47% $149,035 3.09% $82,849 5.27% $415,433 3.13% $647,317
C- 1.91% $83,059 3.60% $18,890 2.05% $27,269 2.08% $129,218
D 2.97% $168,024 1.42% $54,081 3.22% $223,605 2.71% $445,710
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
-----------------------------------------------------------------------------------------------------------------------------------
As of: August 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1999-1
FIXED RATE LOANS
<TABLE>
<CAPTION>
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 1227 $70,412,001 16 $1,272,213 1241 $94,899,473 2484 $166,583,687
LTV/WAC 72.39% 9.63% 81.96% 10.58% 75.08% 9.87% 74.00% 9.78%
A/A- 720 $49,273,322 5 $654,812 688 $61,701,499 1413 $111,629,634
B 238 $11,094,326 7 $503,732 324 $22,511,281 569 $34,109,339
C 116 $4,420,220 2 $46,086 92 $4,441,069 210 $8,907,375
C- 46 $1,650,440 0 $0 22 $1,474,152 68 $3,124,592
D 102 $3,467,349 2 $67,583 115 $4,771,472 219 $8,306,404
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 15.32% $13,082,412 14.51% $206,100 11.79% $12,870,823 13.35% $26,159,335
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 1124 $65,468,596 15 $1,093,126 1093 $86,365,468 2232 $152,927,190
30-59 27 $1,432,998 0 $0 25 $1,520,639 52 $2,953,637
60-89 10 $330,994 0 $0 16 $1,066,949 26 $1,397,943
90-119 12 $665,901 0 $0 15 $803,656 27 $1,469,557
120-179 15 $614,896 0 $0 16 $753,645 31 $1,368,541
180-269 13 $704,149 0 $0 19 $1,261,926 32 $1,966,075
270-359 13 $629,537 0 $0 21 $1,299,496 34 $1,929,033
360+ 8 $308,752 1 $179,087 15 $905,927 24 $1,393,766
REO 5 $256,180 0 $0 21 $921,766 26 $1,177,946
90+REO 66 $3,179,415 1 $179,087 107 $5,946,416 $174 $9,304,918
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 0.34% $291,778 0.00% $0 0.74% $809,381 0.56% $1,101,159
Severity 51.40% 0.00% 48.08% 48.92%
-----------------------------------------------------------------------------------------------------------------------------------
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 3.17% $192,378 1.57% $193,849
C- 1.04% $23,916 0.00% $0 4.10% $77,352 2.40% $101,268
D 1.24% $70,020 0.00% $0 3.59% $242,174 2.51% $312,194
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
-----------------------------------------------------------------------------------------------------------------------------------
As of: August 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1999-2
FIXED RATE LOANS
<TABLE>
<CAPTION>
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 1615 $104,551,247 54 $4,758,135 1395 $101,356,446 3064 $210,665,827
LTV/WAC 73.65% 9.88% 80.95% 10.27% 76.85% 10.40% 75.35% 10.14%
A/A- 880 $61,785,686 33 $2,850,816 748 $64,610,776 1661 $129,247,277
B 440 $28,017,155 16 $1,545,935 411 $25,396,960 867 $54,960,051
C 143 $6,765,506 3 $150,730 156 $7,760,855 302 $14,677,091
C- 43 $2,220,065 0 $0 17 $902,933 60 $3,122,999
D 81 $3,212,272 2 $210,654 62 $2,636,336 145 $6,059,262
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 9.45% $11,055,830 8.22% $430,087 6.63% $7,252,453 8.09% $18,738,370
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 1509 $98,050,040 54 $4,758,135 1235 $91,440,101 2798 $194,248,276
30-59 35 $2,461,760 0 $0 44 $2,677,773 79 $5,139,533
60-89 5 $168,339 0 $0 19 $961,551 24 $1,129,890
90-119 7 $531,942 0 $0 20 $1,629,992 27 $2,161,934
120-179 22 $1,179,198 0 $0 23 $1,107,293 45 $2,286,491
180-269 23 $1,343,614 0 $0 26 $1,931,557 49 $3,275,171
270-359 11 $699,713 0 $0 20 $1,169,572 31 $1,869,285
360+ 0 $0 0 $0 0 $0 0 $0
REO 3 $116,640 0 $0 8 $438,608 11 $555,248
90+REO 66 $3,871,107 - $0 97 $6,277,022 $163 $10,148,129
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 0.13% $147,747 0.00% $0 0.42% $462,846 0.26% $610,593
Severity 42.18% 0.00% 73.30% 62.19%
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.02% $12,980 0.00% $0 0.09% $59,210 0.05% $72,190
B 0.17% $51,274 0.00% $0 0.34% $94,753 0.24% $146,027
C 0.19% $16,038 0.00% $0 1.52% $135,597 0.86% $151,635
C- 0.58% $14,058 0.00% $0 2.57% $27,678 1.19% $41,736
D 1.24% $53,396 0.00% $0 4.32% $145,608 2.50% $199,004
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
-----------------------------------------------------------------------------------------------------------------------------------
As of: August 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1994-A
ARM/HYBRID LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 159 $11,950,100 2 $153,600 0 $0 161 $12,103,700
LTV/WAC 55.48% 10.23% 47.11% 10.83% 0.00% 0.00% 55.37% 10.24%
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 25 $1,547,000 0 $0 0 $0 25 $1,547,000
LTV/WAC 58.02% 11.43% 0.00% 0.00% 0.00% 0.00% 58.02% 11.43%
A/A- 7 $424,998 0 $0 0 $0 7 $424,998
B 4 $200,591 0 $0 0 $0 4 $200,591
C 7 $381,183 0 $0 0 $0 7 $381,183
C- 3 $227,136 0 $0 0 $0 3 $227,136
D 3 $206,445 0 $0 0 $0 3 $206,445
Unknown 1 $106,648 0 $0 0 $0 1 $106,648
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 86.08% $10,286,300 100.00% $153,600 0.00% $0 86.25% $10,439,900
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 25 $1,547,000 0 $0 0 $0 25 $1,547,000
30-59 0 $0 0 $0 0 $0 0 $0
60-89 0 $0 0 $0 0 $0 0 $0
90-119 0 $0 0 $0 0 $0 0 $0
120-179 0 $0 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
-----------------------------------------------------------------------------------------------------------------------------------
AS OF: AUGUST 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1994-B
ARM/HYBRID LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 164 $11,803,600 88 $9,620,970 0 $0 252 $21,424,570
LTV/WAC 58.41% 10.82% 64.82% 10.75% 0.00% 0.00% 61.29% 10.78%
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 $2,964,116 11 $912,939 0 $0 53 $3,877,055
LTV/WAC 61.98% 11.56% 64.88% 12.13% 0.00% 0.00% 62.66% 11.69%
A/A- 19 $1,581,912 3 $222,227 0 $0 22 $1,804,138
B 7 $307,387 0 $0 0 $0 7 $307,387
C 9 $598,447 2 $175,739 0 $0 11 $774,186
C- 1 $100,712 2 $118,874 0 $0 3 $219,587
D 6 $375,659 1 $168,786 0 $0 7 $544,445
Unknown 0 $0 3 $227,313 0 $0 3 $227,313
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 72.52% $8,559,400 89.81% $8,640,370 0.00% $0 80.28% $17,199,770
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 41 $2,923,605 9 $762,877 0 $0 50 $3,686,482
30-59 0 $0 0 $0 0 $0 0 $0
60-89 0 $0 0 $0 0 $0 0 $0
90-119 0 $0 2 $150,063 0 $0 2 $150,063
120-179 0 $0 0 $0 0 $0 0 $0
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 $150,063 - $0 $3 $190,573
-----------------------------------------------------------------------------------------------------------------------------------
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
-----------------------------------------------------------------------------------------------------------------------------------
AS OF: AUGUST 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1994-C
ARM/HYBRID LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 115 $8,035,600 127 $14,211,925 0 $0 242 $22,247,525
LTV/WAC 57.19% 11.03% 64.21% 11.04% 0.00% 0.00% 61.67% 11.04%
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 $1,723,660 6 $530,528 0 $0 30 $2,254,188
LTV/WAC 60.26% 12.09% 71.03% 11.73% 0.00% 0.00% 62.79% 12.01%
A/A- 11 $806,289 4 $331,258 0 $0 15 $1,137,546
B 0 $0 0 $0 0 $0 0 $0
C 6 $437,009 1 $104,824 0 $0 7 $541,833
C- 1 $33,166 1 $94,446 0 $0 2 $127,612
D 6 $447,196 0 $0 0 $0 6 $447,196
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 $1,601,919 5 $425,704 0 $0 28 $2,027,623
30-59 1 $121,741 0 $0 0 $0 1 $121,741
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 $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
-----------------------------------------------------------------------------------------------------------------------------------
AS OF: AUGUST 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1994-D
ARM/HYBRID LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 104 $8,030,100 246 $28,553,276 0 $0 350 $36,583,376
LTV/WAC 54.81% 11.38% 66.69% 11.37% 0.00% 0.00% 64.08% 11.37%
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 $1,352,463 23 $2,196,021 0 $0 44 $3,548,484
LTV/WAC 60.04% 11.74% 69.60% 11.67% 0.00% 0.00% 65.96% 11.70%
A/A- 5 $381,163 9 $1,015,678 0 $0 14 $1,396,842
B 1 $17,443 7 $649,951 0 $0 8 $667,394
C 7 $330,593 5 $345,699 0 $0 12 $676,291
C- 5 $339,798 2 $184,693 0 $0 7 $524,491
D 3 $283,466 0 $0 0 $0 3 $283,466
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 81.89% $6,576,000 91.96% $26,257,565 0.00% $0 89.75% $32,833,565
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 21 $1,352,463 21 $2,098,200 0 $0 42 $3,450,663
30-59 0 $0 0 $0 0 $0 0 $0
60-89 0 $0 0 $0 0 $0 0 $0
90-119 0 $0 0 $0 0 $0 0 $0
120-179 0 $0 0 $0 0 $0 0 $0
180-269 0 $0 2 $97,821 0 $0 2 $97,821
270-359 0 $0 0 $0 0 $0 0 $0
360+ 0 $0 0 $0 0 $0 0 $0
REO 0 $0 0 $0 0 $0 0 $0
90+REO - $0 2 $97,821 - $0 $2 $97,821
-----------------------------------------------------------------------------------------------------------------------------------
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
-----------------------------------------------------------------------------------------------------------------------------------
AS OF: AUGUST 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1995-A
ARM/HYBRID LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 55 $4,558,700 424 $49,703,485 0 $0 479 $54,262,185
LTV/WAC 58.78% 11.96% 64.99% 11.87% 0.00% 0.00% 64.47% 11.88%
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 7 $337,174 61 $6,865,291 0 $0 68 $7,202,465
LTV/WAC 56.28% 12.72% 67.23% 12.55% 0.00% 0.00% 66.71% 12.56%
A/A- 0 $0 23 $2,432,835 0 $0 23 $2,432,835
B 2 $156,898 14 $1,216,428 0 $0 16 $1,373,326
C 3 $74,681 9 $984,973 0 $0 12 $1,059,654
C- 2 $105,594 8 $1,070,069 0 $0 10 $1,175,663
D 0 $0 6 $1,020,916 0 $0 6 $1,020,916
Unknown 0 $0 1 $140,071 0 $0 1 $140,071
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 91.99% $4,193,400 85.73% $42,612,360 0.00% $0 86.26% $46,805,760
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 6 $315,777 50 $5,475,790 0 $0 56 $5,791,567
30-59 0 $0 1 $181,016 0 $0 1 $181,016
60-89 0 $0 1 $149,506 0 $0 1 $149,506
90-119 1 $21,396 2 $228,102 0 $0 3 $249,498
120-179 0 $0 0 $0 0 $0 0 $0
180-269 0 $0 1 $65,395 0 $0 1 $65,395
270-359 0 $0 2 $223,596 0 $0 2 $223,596
360+ 0 $0 1 $191,286 0 $0 1 $191,286
REO 0 $0 3 $350,602 0 $0 3 $350,602
90+REO 1 $21,396 9 $1,058,981 - $0 $10 $1,080,377
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 0.56% $25,562 4.68% $2,325,295 0.00% $0 4.33% $2,350,857
Severity 8.23% 31.91% 0.00% 30.94%
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.00% $0 3.02% $475,412 0.00% $0 2.87% $475,412
B 0.00% $0 2.02% $182,791 0.00% $0 1.93% $182,791
C 0.00% $0 5.69% $470,086 0.00% $0 4.68% $470,086
C- -10.38% ($30,702) 6.88% $669,151 0.00% $0 6.37% $638,449
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
-----------------------------------------------------------------------------------------------------------------------------------
AS OF: AUGUST 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1995-B
ARM/HYBRID LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 59 $4,495,700 535 $55,626,100 0 $0 594 $60,121,800
LTV/WAC 59.69% 11.67% 65.45% 12.19% 0.00% 0.00% 65.02% 12.15%
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 $433,426 83 $7,967,330 0 $0 90 $8,400,756
LTV/WAC 66.08% 11.67% 65.57% 12.52% 0.00% 0.00% 65.59% 12.47%
A/A- 3 $134,616 19 $2,007,356 0 $0 22 $2,141,972
B 2 $165,189 14 $1,212,216 0 $0 16 $1,377,405
C 1 $65,736 19 $1,842,401 0 $0 20 $1,908,137
C- 1 $67,884 20 $1,976,824 0 $0 21 $2,044,708
D 0 $0 11 $928,533 0 $0 11 $928,533
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 89.81% $4,037,600 85.00% $47,279,945 0.00% $0 85.36% $51,317,545
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 7 $433,426 52 $4,976,967 0 $0 59 $5,410,393
30-59 0 $0 2 $145,166 0 $0 2 $145,166
60-89 0 $0 1 $80,208 0 $0 1 $80,208
90-119 0 $0 3 $379,723 0 $0 3 $379,723
120-179 0 $0 4 $315,721 0 $0 4 $315,721
180-269 0 $0 2 $141,731 0 $0 2 $141,731
270-359 0 $0 3 $245,517 0 $0 3 $245,517
360+ 0 $0 7 $601,447 0 $0 7 $601,447
REO 0 $0 9 $1,080,849 0 $0 9 $1,080,849
90+REO - $0 28 $2,764,988 - $0 $28 $2,764,988
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 0.60% $27,193 9.32% $5,182,154 0.00% $0 8.66% $5,209,347
Severity 16.53% 43.20% 0.00% 42.84%
-----------------------------------------------------------------------------------------------------------------------------------
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 8.98% $874,443 0.00% $0 8.16% $874,443
C- 0.00% $0 10.88% $1,493,975 0.00% $0 10.70% $1,493,975
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
-----------------------------------------------------------------------------------------------------------------------------------
AS OF: AUGUST 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1995-C
ARM/HYBRID LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 57 $4,654,100 685 $68,275,030 0 $0 742 $72,929,130
LTV/WAC 59.95% 11.61% 65.14% 12.35% 0.00% 0.00% 64.81% 12.30%
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 $517,296 89 $7,445,232 0 $0 98 $7,962,528
LTV/WAC 61.57% 12.48% 67.71% 13.09% 0.00% 0.00% 67.31% 13.05%
A/A- 3 $241,085 19 $1,646,315 0 $0 22 $1,887,400
B 2 $117,124 16 $1,540,757 0 $0 18 $1,657,881
C 3 $103,684 11 $851,152 0 $0 14 $954,836
C- 0 $0 24 $1,958,531 0 $0 24 $1,958,531
D 1 $55,403 19 $1,448,478 0 $0 20 $1,503,882
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 87.54% $4,074,400 88.70% $60,558,190 0.00% $0 88.62% $64,632,590
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 8 $462,070 66 $5,718,029 0 $0 74 $6,180,099
30-59 0 $0 2 $212,160 0 $0 2 $212,160
60-89 0 $0 0 $0 0 $0 0 $0
90-119 0 $0 1 $94,837 0 $0 1 $94,837
120-179 0 $0 0 $0 0 $0 0 $0
180-269 1 $55,226 3 $143,735 0 $0 4 $198,961
270-359 0 $0 4 $296,972 0 $0 4 $296,972
360+ 0 $0 12 $907,409 0 $0 12 $907,409
REO 0 $0 1 $72,090 0 $0 1 $72,090
90+REO 1 $55,226 21 $1,515,043 - $0 $22 $1,570,269
-----------------------------------------------------------------------------------------------------------------------------------
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
-----------------------------------------------------------------------------------------------------------------------------------
AS OF: AUGUST 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1995-D
ARM/HYBRID LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 29 $2,509,900 735 $74,053,341 0 $0 764 $76,563,241
LTV/WAC 59.36% 11.34% 68.16% 12.27% 0.00% 0.00% 67.87% 12.24%
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 $519,406 93 $8,499,396 0 $0 99 $9,018,801
LTV/WAC 62.01% 12.25% 68.78% 12.81% 0.00% 0.00% 68.39% 12.78%
A/A- 0 $0 22 $2,163,392 0 $0 22 $2,163,392
B 3 $270,649 21 $2,146,178 0 $0 24 $2,416,827
C 1 $67,707 14 $1,248,962 0 $0 15 $1,316,670
C- 1 $88,854 15 $1,327,736 0 $0 16 $1,416,590
D 1 $92,195 21 $1,613,127 0 $0 22 $1,705,322
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 78.78% $1,977,200 88.21% $65,321,011 0.00% $0 87.90% $67,298,211
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 5 $444,222 64 $5,885,255 0 $0 69 $6,329,477
30-59 0 $0 2 $133,851 0 $0 2 $133,851
60-89 0 $0 2 $222,344 0 $0 2 $222,344
90-119 0 $0 0 $0 0 $0 0 $0
120-179 1 $75,184 1 $58,303 0 $0 2 $133,487
180-269 0 $0 3 $102,824 0 $0 3 $102,824
270-359 0 $0 2 $149,928 0 $0 2 $149,928
360+ 0 $0 12 $1,141,363 0 $0 12 $1,141,363
REO 0 $0 7 $805,528 0 $0 7 $805,528
90+REO 1 $75,184 25 $2,257,946 - $0 $26 $2,333,130
-----------------------------------------------------------------------------------------------------------------------------------
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
-----------------------------------------------------------------------------------------------------------------------------------
AS OF: AUGUST 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1996-A
ARM/HYBRID LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 34 $2,461,000 951 $99,064,240 0 $0 985 $101,525,240
LTV/WAC 58.70% 11.35% 66.01% 12.29% 0.00% 0.00% 65.83% 12.27%
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 $375,937 136 $12,148,566 0 $0 142 $12,524,503
LTV/WAC 63.72% 12.36% 66.91% 13.29% 0.00% 0.00% 66.81% 13.26%
A/A- 3 $221,317 27 $2,835,236 0 $0 30 $3,056,553
B 0 $0 15 $1,397,351 0 $0 15 $1,397,351
C 2 $130,320 16 $1,193,875 0 $0 18 $1,324,194
C- 0 $0 19 $1,483,524 0 $0 19 $1,483,524
D 1 $24,301 59 $5,238,580 0 $0 60 $5,262,881
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 84.17% $2,071,400 87.47% $86,647,002 0.00% $0 87.39% $88,718,402
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 4 $313,267 92 $7,393,585 0 $0 96 $7,706,852
30-59 0 $0 1 $47,725 0 $0 1 $47,725
60-89 1 $34,041 2 $133,882 0 $0 3 $167,923
90-119 0 $0 3 $239,272 0 $0 3 $239,272
120-179 0 $0 0 $0 0 $0 0 $0
180-269 0 $0 3 $188,699 0 $0 3 $188,699
270-359 0 $0 4 $384,606 0 $0 4 $384,606
360+ 1 $28,629 27 $3,344,671 0 $0 28 $3,373,300
REO 0 $0 4 $416,127 0 $0 4 $416,127
90+REO 1 $28,629 41 $4,573,375 - $0 $42 $4,602,004
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 1.79% $43,936 5.57% $5,515,694 0.00% $0 5.48% $5,559,630
Severity 58.04% 41.42% 0.00% 41.51%
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.00% $0 3.69% $796,618 0.00% $0 3.53% $796,618
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
-----------------------------------------------------------------------------------------------------------------------------------
AS OF: AUGUST 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1996-B
ARM/HYBRID LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 44 $3,478,600 1885 $179,551,230 0 $0 1929 $183,029,830
LTV/WAC 63.94% 11.44% 66.52% 12.19% 0.00% 0.00% 66.47% 12.18%
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 $278,900 273 $21,521,366 0 $0 278 $21,800,266
LTV/WAC 60.45% 12.45% 65.31% 13.19% 0.00% 0.00% 65.25% 13.18%
A/A- 0 $0 29 $2,729,642 0 $0 29 $2,729,642
B 0 $0 24 $2,444,673 0 $0 24 $2,444,673
C 2 $102,575 41 $3,086,097 0 $0 43 $3,188,672
C- 1 $58,139 38 $2,242,898 0 $0 39 $2,301,037
D 2 $118,186 141 $11,018,056 0 $0 143 $11,136,241
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 91.82% $3,194,100 87.84% $157,716,055 0.00% $0 87.91% $160,910,155
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 3 $167,717 155 $12,021,821 0 $0 158 $12,189,538
30-59 0 $0 11 $817,340 0 $0 11 $817,340
60-89 0 $0 3 $156,874 0 $0 3 $156,874
90-119 0 $0 4 $270,866 0 $0 4 $270,866
120-179 0 $0 10 $518,331 0 $0 10 $518,331
180-269 0 $0 9 $855,865 0 $0 9 $855,865
270-359 0 $0 14 $1,165,137 0 $0 14 $1,165,137
360+ 2 $111,183 48 $3,795,068 0 $0 50 $3,906,251
REO 0 $0 19 $1,920,065 0 $0 19 $1,920,065
90+REO 2 $111,183 104 $8,525,332 - $0 $106 $8,636,515
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 1.53% $53,281 4.76% $8,548,265 0.00% $0 4.70% $8,601,546
Severity 65.78% 42.20% 0.00% 42.30%
-----------------------------------------------------------------------------------------------------------------------------------
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 3.70% $1,212,474 0.00% $0 3.63% $1,212,474
C- 0.00% $0 4.33% $840,912 0.00% $0 4.31% $840,912
D 5.68% $53,281 6.70% $4,650,941 0.00% $0 6.69% $4,704,222
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
-----------------------------------------------------------------------------------------------------------------------------------
AS OF: AUGUST 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1996-C
ARM/HYBRID LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 84 $5,862,900 1999 $193,218,828 1686 $152,754,479 3769 $351,836,207
LTV/WAC 66.20% 11.48% 67.62% 12.05% 70.30% 11.41% 68.76% 11.76%
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 16 $761,967 328 $28,070,601 265 $21,091,379 609 $49,923,946
LTV/WAC 62.96% 12.65% 68.00% 13.24% 71.15% 12.75% 69.25% 13.03%
A/A- 5 $256,749 63 $5,815,401 109 $10,138,994 177 $16,211,143
B 1 $115,583 48 $4,729,201 84 $6,957,711 133 $11,802,495
C 3 $111,692 39 $3,524,786 63 $3,479,298 105 $7,115,775
C- 3 $171,867 43 $3,301,568 2 $83,246 48 $3,556,681
D 4 $106,077 135 $10,699,646 7 $432,130 146 $11,237,853
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 85.60% $5,018,800 85.24% $164,697,062 85.91% $131,226,189 85.53% $300,942,051
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 11 $522,152 206 $17,031,248 174 $13,538,803 391 $31,092,203
30-59 1 $74,874 9 $649,352 5 $416,978 15 $1,141,204
60-89 1 $52,831 0 $0 6 $793,383 7 $846,214
90-119 0 $0 5 $461,871 7 $455,195 12 $917,066
120-179 1 $26,131 11 $936,699 7 $506,141 19 $1,468,971
180-269 1 $63,271 10 $733,884 10 $674,813 21 $1,471,968
270-359 0 $0 10 $931,888 7 $795,401 17 $1,727,289
360+ 1 $22,708 56 $5,466,434 28 $2,715,092 85 $8,204,234
REO 0 $0 21 $1,859,225 21 $1,195,573 42 $3,054,798
90+REO 3 $112,110 113 $10,390,001 80 $6,342,215 $196 $16,844,326
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 2.19% $128,299 5.24% $10,120,952 3.77% $5,762,326 4.55% $16,011,577
Severity 56.10% 44.92% 43.99% 44.65%
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.00% $0 2.40% $1,060,760 2.92% $2,172,261 2.70% $3,233,021
B 1.96% $36,546 2.13% $650,359 2.20% $1,009,721 2.17% $1,696,626
C 10.10% $91,754 2.83% $733,973 7.66% $2,305,808 5.50% $3,131,535
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
-----------------------------------------------------------------------------------------------------------------------------------
AS OF: AUGUST 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1996-D
ARM/HYBRID LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 66 $5,555,500 2152 $213,125,559 1605 $141,157,348 3823 $359,838,407
LTV/WAC 66.39% 10.94% 69.02% 12.08% 70.62% 11.23% 69.61% 11.73%
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 14 $1,071,285 385 $32,266,074 267 $21,075,929 666 $54,413,287
LTV/WAC 65.10% 12.52% 68.67% 13.19% 71.45% 12.86% 69.68% 13.05%
A/A- 2 $149,738 90 $8,567,431 100 $9,081,069 192 $17,798,237
B 3 $255,256 60 $5,939,053 85 $6,987,652 148 $13,181,961
C 4 $243,913 64 $5,137,329 40 $2,547,874 108 $7,929,116
C- 2 $75,707 39 $2,726,016 12 $736,365 53 $3,538,088
D 3 $346,671 132 $9,896,245 30 $1,722,969 165 $11,965,884
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 80.34% $4,463,400 84.69% $180,491,566 84.50% $119,271,980 84.55% $304,226,946
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 9 $646,760 233 $20,225,682 161 $11,805,292 403 $32,677,734
30-59 0 $0 13 $1,059,699 12 $1,171,949 25 $2,231,648
60-89 1 $111,007 5 $460,687 5 $464,667 11 $1,036,361
90-119 0 $0 8 $734,014 1 $60,263 9 $794,277
120-179 1 $43,091 10 $617,046 14 $968,853 25 $1,628,990
180-269 0 $0 16 $999,032 14 $737,619 30 $1,736,651
270-359 0 $0 9 $646,781 13 $1,404,587 22 $2,051,368
360+ 3 $270,426 56 $4,703,562 31 $3,315,216 90 $8,289,204
REO 0 $0 35 $2,819,571 16 $1,147,482 51 $3,967,053
90+REO 4 $313,517 134 $10,520,006 89 $7,634,020 $227 $18,467,543
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 1.35% $74,734 4.44% $9,469,850 3.08% $4,350,053 3.86% $13,894,637
Severity 44.48% 40.49% 48.08% 42.61%
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.00% $0 1.34% $791,581 1.47% $969,564 1.39% $1,761,145
B 1.58% $22,168 2.27% $1,004,910 3.13% $1,329,596 2.68% $2,356,674
C 0.00% $0 5.58% $1,831,299 7.07% $1,216,550 6.00% $3,047,849
C- 8.34% $52,566 4.46% $814,124 2.72% $137,604 4.20% $1,004,294
D 0.00% $0 8.58% $5,027,936 6.51% $696,739 8.17% $5,724,675
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
-----------------------------------------------------------------------------------------------------------------------------------
AS OF: AUGUST 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1997-1
ARM/HYBRID LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 114 $11,656,400 2475 $265,425,519 1636 $142,044,653 4225 $419,126,572
LTV/WAC 71.95% 10.67% 71.47% 11.37% 71.23% 11.09% 71.40% 11.26%
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 $2,469,175 491 $44,186,344 356 $26,375,462 874 $73,030,981
LTV/WAC 70.96% 11.57% 71.26% 12.58% 72.24% 12.46% 71.61% 12.51%
A/A- 10 $1,042,615 149 $14,332,227 133 $10,679,016 292 $26,053,857
B 8 $915,582 139 $12,892,622 100 $8,472,928 247 $22,281,132
C 3 $197,860 72 $5,550,968 45 $2,891,152 120 $8,639,981
C- 0 $0 20 $2,110,264 20 $1,015,314 40 $3,125,578
D 6 $313,119 111 $9,300,262 58 $3,317,052 175 $12,930,433
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 77.30% $9,010,700 82.92% $220,093,405 81.00% $115,055,860 82.11% $344,159,965
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 21 $2,033,213 324 $27,581,537 228 $16,384,682 573 $45,999,432
30-59 0 $0 21 $1,631,944 14 $916,599 35 $2,548,543
60-89 1 $151,287 10 $836,630 8 $645,031 19 $1,632,948
90-119 0 $0 2 $198,024 8 $804,419 10 $1,002,443
120-179 0 $0 10 $1,234,392 11 $680,550 21 $1,914,942
180-269 0 $0 17 $2,125,596 11 $920,518 28 $3,046,114
270-359 0 $0 13 $845,749 13 $1,178,590 26 $2,024,339
360+ 5 $284,675 70 $7,133,082 38 $2,999,579 113 $10,417,336
REO 0 $0 24 $2,599,389 25 $1,845,495 49 $4,444,884
90+REO 5 $284,675 136 $14,136,232 106 $8,429,151 $247 $22,850,058
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 2.01% $234,541 3.52% $9,346,033 3.29% $4,674,041 3.40% $14,254,615
Severity 38.49% 42.27% 45.62% 43.24%
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.00% $0 2.20% $2,303,455 2.14% $1,442,419 2.11% $3,745,874
B 4.49% $174,483 3.19% $2,485,114 2.63% $1,080,125 3.04% $3,739,722
C 0.00% $0 3.90% $1,270,774 7.46% $1,181,877 4.90% $2,452,651
C- 0.00% $0 3.73% $463,032 3.44% $175,043 3.64% $638,075
D 6.26% $60,058 7.52% $2,823,658 6.32% $794,577 7.20% $3,678,293
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
-----------------------------------------------------------------------------------------------------------------------------------
AS OF: AUGUST 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1997-B
ARM/HYBRID LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 103 $9,523,800 1889 $207,318,764 1089 $93,167,943 3081 $310,010,507
LTV/WAC 73.48% 10.58% 73.93% 11.27% 73.53% 11.02% 73.80% 11.17%
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 32 $2,647,045 433 $37,680,009 304 $24,528,262 769 $64,855,316
LTV/WAC 77.01% 12.00% 74.03% 12.62% 75.45% 12.15% 74.69% 12.42%
A/A- 12 $1,145,176 157 $16,644,833 129 $11,879,874 298 $29,669,883
B 11 $678,654 131 $11,144,268 92 $7,554,075 234 $19,376,997
C 6 $614,549 70 $4,668,445 33 $1,984,382 109 $7,267,375
C- 2 $176,373 15 $1,203,012 15 $853,890 32 $2,233,276
D 1 $32,293 60 $4,019,450 35 $2,256,041 96 $6,307,785
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 71.26% $6,786,300 81.43% $168,811,932 73.01% $68,023,847 78.59% $243,622,079
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 28 $2,222,998 338 $29,522,912 224 $18,505,648 590 $50,251,558
30-59 1 $63,361 11 $930,837 10 $944,183 22 $1,938,381
60-89 0 $0 8 $651,435 7 $426,713 15 $1,078,148
90-119 0 $0 0 $0 7 $743,857 7 $743,857
120-179 1 $95,494 9 $639,473 2 $91,140 12 $826,107
180-269 0 $0 15 $1,317,720 15 $975,632 30 $2,293,352
270-359 1 $232,898 5 $572,334 4 $369,974 10 $1,175,206
360+ 1 $32,293 29 $2,515,777 23 $1,737,564 53 $4,285,634
REO 0 $0 18 $1,529,521 12 $733,553 30 $2,263,074
90+REO 3 $360,685 76 $6,574,825 63 $4,651,720 $142 $11,587,230
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 0.97% $92,209 2.32% $4,806,399 3.07% $2,862,973 2.50% $7,761,581
Severity 48.97% 39.71% 46.09% 41.95%
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.91% $47,344 1.08% $1,083,186 1.56% $700,429 1.22% $1,830,959
B 0.00% $0 3.12% $1,805,207 3.30% $889,637 3.08% $2,694,844
C 0.00% $0 3.17% $757,898 6.54% $577,756 3.96% $1,335,654
C- 0.00% $0 1.49% $90,255 1.59% $56,022 1.48% $146,277
D 11.09% $44,864 5.57% $1,069,853 7.14% $639,129 6.14% $1,753,846
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
-----------------------------------------------------------------------------------------------------------------------------------
AS OF: AUGUST 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1997-C
ARM/HYBRID LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 131 $12,409,400 1065 $110,297,284 2315 $203,146,282 3511 $325,852,966
LTV/WAC 74.34% 10.86% 75.03% 11.58% 75.58% 10.45% 75.35% 10.84%
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 26 $2,430,359 307 $26,824,245 855 $70,796,462 1188 $100,051,066
LTV/WAC 76.62% 12.30% 74.51% 13.14% 75.94% 10.85% 75.57% 11.50%
A/A- 10 $808,315 124 $11,366,547 503 $46,473,224 637 $58,648,086
B 11 $1,339,557 83 $8,588,652 213 $15,474,725 307 $25,402,933
C 3 $171,718 34 $2,282,470 70 $3,866,103 107 $6,320,292
C- 2 $110,769 7 $586,364 23 $1,762,965 32 $2,460,098
D 0 $0 59 $4,000,211 46 $3,219,446 105 $7,219,657
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 79.88% $9,912,700 75.22% $82,961,345 64.31% $130,641,144 68.59% $223,515,189
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 23 $2,150,120 219 $19,975,448 701 $58,577,444 943 $80,703,012
30-59 0 $0 7 $499,697 17 $1,359,219 24 $1,858,916
60-89 0 $0 2 $105,389 12 $807,620 14 $913,009
90-119 0 $0 1 $55,941 7 $361,241 8 $417,182
120-179 0 $0 10 $563,943 13 $1,382,747 23 $1,946,690
180-269 0 $0 6 $490,421 32 $2,642,801 38 $3,133,222
270-359 1 $124,638 11 $1,085,931 15 $1,329,376 27 $2,539,945
360+ 1 $71,033 30 $2,438,651 27 $2,428,916 58 $4,938,600
REO 1 $84,567 21 $1,608,824 31 $1,907,100 53 $3,600,491
90+REO 3 $280,238 79 $6,243,711 125 $10,052,181 $207 $16,576,130
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 0.38% $46,755 4.54% $5,007,281 3.04% $6,180,421 3.45% $11,234,457
Severity 16.67% 47.91% 46.23% 46.62%
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- -0.09% ($5,745) 3.66% $1,964,270 2.01% $2,566,763 2.40% $4,525,288
B 0.68% $28,215 4.00% $1,197,557 3.88% $1,718,348 3.75% $2,944,120
C 0.00% $0 7.58% $718,345 5.22% $753,107 5.94% $1,471,452
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
-----------------------------------------------------------------------------------------------------------------------------------
AS OF: AUGUST 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1997-D
ARM/HYBRID LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 172 $19,620,200 1045 $119,360,650 2733 $243,684,583 3950 $382,665,433
LTV/WAC 75.51% 10.58% 78.94% 11.49% 75.84% 10.29% 76.79% 10.68%
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 62 $5,612,120 310 $28,679,944 1219 $102,005,448 1591 $136,297,513
LTV/WAC 77.38% 11.59% 79.03% 12.80% 76.45% 10.40% 77.03% 10.96%
A/A- 34 $3,301,663 147 $14,941,958 735 $68,733,960 916 $86,977,581
B 19 $1,599,275 93 $8,333,389 301 $21,803,072 413 $31,735,736
C 4 $233,420 29 $2,548,001 87 $5,734,790 120 $8,516,211
C- 5 $477,762 2 $262,325 23 $1,234,768 30 $1,974,855
D 0 $0 39 $2,594,272 73 $4,498,858 112 $7,093,130
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 70.52% $13,835,700 76.06% $90,784,561 57.20% $139,389,660 63.77% $244,009,921
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 41 $3,678,912 233 $21,764,151 1000 $83,538,090 1274 $108,981,153
30-59 3 $258,781 3 $316,069 26 $2,563,960 32 $3,138,810
60-89 0 $0 5 $394,499 13 $1,083,742 18 $1,478,241
90-119 0 $0 5 $533,223 16 $1,273,031 21 $1,806,254
120-179 3 $204,292 2 $157,650 18 $1,616,863 23 $1,978,805
180-269 0 $0 6 $755,326 29 $2,081,287 35 $2,836,613
270-359 3 $273,277 7 $617,882 18 $1,104,341 28 $1,995,500
360+ 6 $671,442 21 $2,335,743 55 $5,208,077 82 $8,215,262
REO 6 $525,415 28 $1,805,402 44 $3,536,056 78 $5,866,873
90+REO 18 $1,674,426 69 $6,205,226 180 $14,819,655 $267 $22,699,307
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 1.74% $341,814 3.53% $4,218,339 2.29% $5,591,783 2.65% $10,151,936
Severity 52.39% 42.98% 40.91% 42.06%
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 1.43% $183,318 2.63% $1,943,455 1.48% $2,270,771 1.83% $4,397,544
B 1.48% $59,587 4.44% $1,076,538 2.75% $1,581,316 3.17% $2,717,441
C 0.00% $0 3.19% $249,969 4.39% $724,911 3.85% $974,880
C- 5.01% $54,631 5.19% $89,796 6.15% $257,151 5.74% $401,578
D 6.43% $44,278 7.41% $858,582 6.27% $757,635 6.82% $1,660,495
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
-----------------------------------------------------------------------------------------------------------------------------------
AS OF: AUGUST 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1998-A
ARM/HYBRID LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 96 $10,815,700 512 $53,120,014 994 $86,545,044 1602 $150,480,758
LTV/WAC 78.08% 10.93% 78.18% 11.44% 76.41% 10.78% 77.15% 11.02%
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 30 $2,763,964 190 $17,822,690 475 $38,729,862 695 $59,316,515
LTV/WAC 77.40% 11.93% 77.64% 12.78% 77.31% 11.44% 77.41% 11.87%
A/A- 18 $1,676,194 84 $8,673,652 243 $23,259,245 345 $33,609,091
B 8 $729,802 54 $5,153,834 143 $9,948,622 205 $15,832,257
C 0 $0 12 $1,093,710 42 $2,362,402 54 $3,456,112
C- 1 $176,683 2 $305,470 12 $875,699 15 $1,357,852
D 3 $181,286 38 $2,596,025 35 $2,283,893 76 $5,061,204
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 71.56% $7,740,200 66.00% $35,060,894 54.32% $47,008,030 59.68% $89,809,124
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 22 $1,974,876 112 $11,322,610 371 $30,562,609 505 $43,860,095
30-59 1 $50,063 8 $875,466 17 $1,183,087 26 $2,108,616
60-89 1 $55,171 2 $319,623 7 $553,501 10 $928,295
90-119 0 $0 6 $691,870 5 $412,567 11 $1,104,437
120-179 2 $309,914 6 $766,765 10 $878,712 18 $1,955,391
180-269 2 $211,758 4 $273,808 17 $1,410,384 23 $1,895,950
270-359 0 $0 4 $316,594 6 $423,045 10 $739,639
360+ 2 $162,182 25 $2,039,199 26 $2,227,811 53 $4,429,192
REO 0 $0 23 $1,216,755 16 $1,078,147 39 $2,294,902
90+REO 6 $683,854 68 $5,304,991 80 $6,430,666 $154 $12,419,511
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 0.68% $73,040 5.98% $3,175,024 1.93% $1,668,213 3.27% $4,916,277
Severity 23.38% 54.98% 42.45% 49.08%
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.94% $65,036 6.29% $1,843,419 1.26% $636,710 2.93% $2,545,165
B 0.26% $8,004 3.39% $469,575 2.26% $511,157 2.50% $988,736
C 0.00% $0 11.73% $419,760 3.93% $238,428 6.78% $658,188
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
-----------------------------------------------------------------------------------------------------------------------------------
AS OF: AUGUST 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1998-B
ARM/HYBRID LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 223 $20,701,000 1063 $128,196,047 2550 $225,570,556 3836 $374,467,603
LTV/WAC 75.56% 11.11% 80.13% 11.05% 77.40% 10.62% 78.23% 10.80%
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 94 $8,465,160 460 $50,756,773 1233 $100,947,338 1787 $160,169,271
LTV/WAC 78.13% 12.14% 80.44% 12.20% 77.97% 11.71% 78.76% 11.88%
A/A- 45 $4,273,196 268 $32,204,969 606 $56,978,590 919 $93,456,755
B 29 $2,732,362 101 $11,088,447 404 $30,872,333 534 $44,693,142
C 11 $900,558 35 $2,697,047 115 $6,321,146 161 $9,918,752
C- 4 $280,368 4 $360,434 29 $1,674,310 37 $2,315,112
D 5 $278,676 52 $4,405,875 79 $5,100,960 136 $9,785,510
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 59.62% $12,341,000 59.81% $76,671,193 54.54% $123,016,995 56.62% $212,029,188
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 76 $6,801,733 334 $37,449,269 976 $81,265,200 1386 $125,516,202
30-59 5 $362,603 11 $995,947 32 $2,246,787 48 $3,605,337
60-89 3 $190,210 11 $1,259,188 25 $2,066,703 39 $3,516,101
90-119 1 $46,414 11 $1,303,685 12 $997,503 24 $2,347,602
120-179 1 $122,173 19 $1,856,809 21 $1,462,571 41 $3,441,553
180-269 0 $0 10 $889,562 27 $1,951,470 37 $2,841,032
270-359 2 $310,560 5 $776,031 23 $1,965,180 30 $3,051,771
360+ 5 $591,212 31 $3,559,977 53 $4,585,389 89 $8,736,578
REO 1 $40,254 28 $2,666,304 64 $4,406,537 93 $7,113,095
90+REO 10 $1,110,613 104 $11,052,368 200 $15,368,650 $314 $27,531,631
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 0.86% $178,030 3.17% $4,061,221 2.24% $5,061,628 2.48% $9,300,879
Severity 35.44% 44.40% 42.65% 43.23%
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.65% $72,583 2.62% $2,194,454 1.45% $1,891,862 1.84% $4,158,899
B 0.12% $7,406 3.07% $770,169 2.72% $1,728,736 2.64% $2,506,311
C 2.13% $43,141 4.16% $297,293 5.34% $748,863 4.69% $1,089,297
C- 0.00% $0 0.00% $0 0.81% $35,391 0.59% $35,391
D 6.89% $54,899 7.21% $799,305 5.13% $656,776 6.12% $1,510,980
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
-----------------------------------------------------------------------------------------------------------------------------------
AS OF: AUGUST 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1998-C
ARM/HYBRID LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 173 $21,129,800 637 $76,598,960 1774 $161,871,473 2584 $259,600,233
LTV/WAC 79.91% 10.34% 80.07% 10.17% 78.52% 9.88% 79.09% 10.00%
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 92 $10,101,052 329 $37,825,762 1007 $86,950,110 1428 $134,876,923
LTV/WAC 79.67% 10.94% 81.35% 11.63% 79.07% 10.77% 79.75% 11.02%
A/A- 53 $6,859,146 207 $26,147,170 567 $55,994,366 827 $89,000,682
B 28 $2,518,844 76 $7,706,608 300 $22,633,848 404 $32,859,300
C 6 $385,104 17 $1,268,202 60 $3,722,623 83 $5,375,929
C- 1 $36,622 1 $52,095 18 $1,252,120 20 $1,340,836
D 4 $301,336 28 $2,651,688 62 $3,347,153 94 $6,300,176
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 51.41% $10,861,800 49.84% $38,180,267 45.54% $73,721,883 47.29% $122,763,950
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 69 $7,184,248 273 $31,722,125 840 $73,483,423 1182 $112,389,796
30-59 5 $381,142 11 $1,313,955 34 $3,247,522 50 $4,942,619
60-89 1 $71,618 6 $644,792 10 $859,234 17 $1,575,644
90-119 2 $156,995 3 $213,952 8 $781,680 13 $1,152,627
120-179 2 $198,027 4 $684,904 21 $1,798,619 27 $2,681,550
180-269 0 $0 11 $1,007,576 19 $1,461,022 30 $2,468,598
270-359 7 $1,061,167 5 $409,491 16 $1,245,464 28 $2,716,122
360+ 4 $749,624 7 $926,294 36 $2,591,073 47 $4,266,991
REO 2 $298,231 9 $902,674 23 $1,482,073 34 $2,682,978
90+REO 17 $2,464,044 39 $4,144,891 123 $9,359,931 $179 $15,968,866
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 0.80% $169,780 1.20% $919,914 1.46% $2,366,178 1.33% $3,455,872
Severity 39.36% 33.56% 34.68% 34.57%
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.28% $41,779 0.64% $313,228 1.00% $1,005,784 0.83% $1,360,791
B 1.63% $80,301 1.89% $311,380 1.66% $726,974 1.71% $1,118,655
C 5.21% $47,700 1.61% $64,235 2.98% $242,898 2.72% $354,833
C- 0.00% $0 0.00% $0 2.22% $55,124 1.83% $55,124
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
------------------------------------------------------------------------------------------------------------------------------------
AS OF: AUGUST 2000
</TABLE>
<PAGE>
--------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1999-1
ARM/HYBRID LOANS
<TABLE>
<CAPTION>
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
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REMAINING POOL 70 $7,468,946 46 $4,068,145 1651 $146,708,120 1767 $158,245,211
LTV/WAC 77.95% 10.35% 76.55% 11.37% 76.85% 10.37% 76.89% 10.39%
A/A- 38 $4,746,124 17 $1,559,734 739 $78,516,212 794 $84,822,070
B 17 $1,517,183 9 $1,139,976 459 $38,596,287 485 $41,253,446
C 6 $534,878 4 $237,620 159 $10,590,975 169 $11,363,473
C- 0 $0 1 $59,771 53 $2,767,415 54 $2,827,186
D 9 $670,762 15 $1,071,044 241 $16,237,231 265 $17,979,036
Unknown 0 $0 0 $0 0 $0 0 $0
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PAID OFF 29.92% $3,226,600 30.87% $1,842,450 20.12% $37,252,841 20.96% $42,321,891
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DELINQUENCY STATUS
CURRENT 60 $6,711,421 44 $3,998,999 1374 $125,495,100 1478 $136,205,520
30-59 3 $180,649 0 $0 57 $4,119,806 60 $4,300,455
60-89 0 $0 0 $0 22 $1,632,225 22 $1,632,225
90-119 0 $0 0 $0 20 $1,361,972 20 $1,361,972
120-179 2 $136,809 0 $0 44 $3,960,711 46 $4,097,520
180-269 4 $388,148 0 $0 42 $3,056,093 46 $3,444,241
270-359 1 $51,919 1 $42,176 37 $2,865,975 39 $2,960,070
360+ 0 $0 0 $0 32 $2,225,849 32 $2,225,849
REO 0 $0 1 $26,970 23 $1,990,389 24 $2,017,359
90+REO 7 $576,876 2 $69,146 198 $15,460,989 $207 $16,107,011
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LOSS TO DATE
% to Original Pool Balance 0.24% $25,375 0.26% $15,411 0.56% $1,037,941 0.53% $1,078,727
Severity 110.33% 27.25% 36.66% 37.06%
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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 0.34% $166,629 0.32% $166,629
C 4.23% $25,375 0.00% $0 1.51% $221,602 1.58% $246,977
C- 0.00% $0 0.00% $0 0.43% $19,956 0.42% $19,956
D 0.00% $0 0.93% $15,411 1.84% $407,751 1.70% $423,162
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
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AS OF: AUGUST 2000
</TABLE>
<PAGE>
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COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1999-2
ARM/HYBRID LOANS
<TABLE>
<CAPTION>
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL 52 $5,034,900 108 $12,255,827 1751 $151,946,509 1911 $169,237,236
LTV/WAC 74.27% 10.35% 79.75% 10.06% 79.07% 10.44% 78.98% 10.41%
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 41 $3,746,856 93 $10,517,013 1588 $138,231,898 1722 $152,495,768
LTV/WAC 72.38% 10.23% 80.81% 9.95% 79.33% 10.41% 79.26% 10.37%
A/A- 18 $1,953,237 50 $6,242,152 778 $80,107,769 846 $88,303,158
B 9 $852,938 26 $2,722,067 466 $36,255,420 501 $39,830,425
C 2 $112,307 12 $1,012,217 135 $9,832,025 149 $10,956,549
C- 5 $310,456 3 $221,390 37 $2,543,752 45 $3,075,597
D 7 $517,918 2 $319,187 171 $9,373,860 180 $10,210,965
Unknown 0 $0 0 $0 0 $0 0 $0
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PAID OFF 25.18% $1,267,700 13.59% $1,665,690 8.56% $13,009,753 9.42% $15,943,143
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STATUS
CURRENT 33 $3,097,049 84 $9,475,160 1372 $120,579,539 1489 $133,151,748
30-59 2 $144,512 4 $293,305 36 $2,533,071 42 $2,970,888
60-89 1 $66,311 0 $0 25 $2,042,797 26 $2,109,108
90-119 2 $211,089 0 $0 15 $1,096,704 17 $1,307,793
120-179 2 $174,612 2 $413,419 52 $4,325,275 56 $4,913,306
180-269 0 $0 1 $76,407 39 $3,795,203 40 $3,871,610
270-359 1 $53,283 1 $233,723 32 $2,637,702 34 $2,924,708
360+ 0 $0 0 $0 0 $0 0 $0
REO 0 $0 1 $25,000 17 $1,221,608 18 $1,246,608
90+REO 5 $438,984 5 $748,549 155 $13,076,492 $165 $14,264,025
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LOSS TO DATE
% to Original 0.00% $0 0.00% $0 0.30% $450,979 0.27% $450,979
Severity 0.00% 0.00% 36.41% 36.41%
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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 0.22% $86,540 0.20% $86,540
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 0.00% $0 1.54% $168,331 1.41% $168,331
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
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As of: August 2000
</TABLE>
