<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1994-A
FIXED RATE LOANS
CHANNEL OF ORIGINATION
------------------------------------------------------------------------------------------------------------------------------------
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 $1,686,927 3 $111,130 0 $0 62 $1,798,057
LTV/WAC 52.24% 10.65% 59.92% 11.21% 0.00% 0.00% 52.72% 10.68%
A/A- 3 $62,969 0 $0 0 $0 3 $62,969
B 25 $618,831 1 $59,093 0 $0 26 $677,924
C 8 $267,712 0 $0 0 $0 8 $267,712
C- 1 $39,817 1 $35,625 0 $0 2 $75,442
D 12 $353,794 0 $0 0 $0 12 $353,794
Unknown 10 $343,804 1 $16,412 0 $0 11 $360,216
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 80.57% $9,353,365 40.76% $89,300 0.00% $0 79.83% $9,442,665
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 57 $1,642,479 3 $111,130 0 $0 60 $1,753,609
30-59 0 $0 0 $0 0 $0 0 $0
60-89 0 $0 0 $0 0 $0 0 $0
90-119 2 $44,448 0 $0 0 $0 2 $44,448
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 2 $44,448 - $0 - $0 $2 $44,448
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original 0.29% $33,295 0.00% $0 0.00% $0 0.28% $33,295
Severity 8.47% 0.00% 0.00% 8.47%
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.00% $0 0.00% $0 0.00% $0 0.00% $0
B 0.35% $12,778 0.00% $0 0.00% $0 0.34% $12,778
C 0.26% $4,190 0.00% $0 0.00% $0 0.26% $4,190
C- (1.10)% ($7,743) 0.00% $0 0.00% $0 (1.03)% ($7,743)
D (0.07)% ($1,704) 0.00% $0 0.00% $0 (0.07)% ($1,704)
Unknown 1.04% $25,773 0.00% $0 0.00% $0 1.01% $25,773
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: JULY 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1994-B
FIXED RATE LOANS
CHANNEL OF ORIGINATION
------------------------------------------------------------------------------------------------------------------------------------
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 476 $17,797,985 25 $1,930,050 0 $0 501 $19,728,035
LTV/WAC 54.73% 11.02% 57.62% 10.86% 0.00% 0.00% 55.01% 11.00%
NON/2-4 7.47% 2.86% 0.00% 0.00% 0.00% 0.00% 6.74% 2.58%
Low/NIV 0.00% 0.00% 8.81% 28.81% 0.00% 0.00% 0.86% 2.82%
A/A- 142 $5,490,200 5 $361,950 0 $0 147 $5,852,150
B 102 $3,884,745 1 $112,500 0 $0 103 $3,997,245
C 85 $3,167,250 1 $105,000 0 $0 86 $3,272,250
C- 16 $502,200 3 $221,700 0 $0 19 $723,900
D 130 $4,729,590 4 $306,500 0 $0 134 $5,036,090
Unknown 1 $24,000 11 $822,400 0 $0 12 $846,400
------------------------------------------------------------------------------------------------------------------------------------
REMAINING POOL 95 $2,625,092 7 $460,273 0 $0 102 $3,085,364
LTV/WAC 56.15% 10.81% 60.05% 10.38% 0.00% 0.00% 56.73% 10.75%
A/A- 28 $778,015 2 $113,127 0 $0 30 $891,142
B 21 $509,521 1 $106,817 0 $0 22 $616,339
C 19 $531,285 0 $0 0 $0 19 $531,285
C- 1 $23,625 1 $50,801 0 $0 2 $74,426
D 25 $760,314 2 $99,938 0 $0 27 $860,252
Unknown 1 $22,331 1 $89,589 0 $0 2 $111,921
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 80.83% $14,386,040 74.15% $1,431,200 0.00% $0 80.18% $15,817,240
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 91 $2,472,451 7 $460,273 0 $0 98 $2,932,724
30-59 1 $12,892 0 $0 0 $0 1 $12,892
60-89 1 $70,162 0 $0 0 $0 1 $70,162
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+ 2 $69,586 0 $0 0 $0 2 $69,586
REO 0 $0 0 $0 0 $0 0 $0
90+REO 2 $69,586 - $0 - $0 $2 $69,586
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original 1.12% $200,161 0.00% $0 0.00% $0 1.01% $200,161
Severity 36.72% #DIV/0! 0.00% 36.72%
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.00% $0 0.00% $0 0.00% $0 0.00% $0
B 1.46% $56,674 0.00% $0 0.00% $0 1.42% $56,674
C 1.02% $32,182 0.00% $0 0.00% $0 0.98% $32,182
C- 0.00% $0 0.00% $0 0.00% $0 0.00% $0
D 2.35% $111,305 0.00% $0 0.00% $0 2.21% $111,305
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: JULY 2000
<PAGE>
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1994-C
FIXED RATE LOANS
CHANNEL OF ORIGINATION
--------------------------------------------------------------------------------------------------------------------------
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
--------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 713 $25,077,750 131 $7,834,805 0 $0 844 $32,912,555
LTV/WAC 54.04% 11.73% 63.97% 12.22% 0.00% 0.00% 56.41% 11.84%
NON/2-4 6.93% 4.50% 3.54% 8.53% 0.00% 0.00% 6.13% 5.46%
Low/NIV 18.02% 21.53% 0.35% 2.80% 0.00% 0.00% 13.82% 17.07%
A/A- 240 $9,276,640 36 $2,425,695 0 $0 276 $11,702,335
B 65 $2,726,585 13 $867,440 0 $0 78 $3,594,025
C 169 $5,819,950 29 $1,696,075 0 $0 198 $7,516,025
C- 28 $693,600 21 $1,504,166 0 $0 49 $2,197,766
D 207 $6,447,800 32 $1,341,429 0 $0 239 $7,789,229
Unknown 4 $113,175 0 $0 0 $0 4 $113,175
--------------------------------------------------------------------------------------------------------------------------
REMAINING POOL 118 $3,926,653 21 $1,360,509 0 $0 139 $5,287,162
LTV/WAC 54.56% 11.39% 65.55% 11.50% 0.00% 0.00% 57.39% 11.42%
A/A- 49 $1,641,497 8 $561,214 0 $0 57 $2,202,711
B 16 $571,523 4 $378,766 0 $0 20 $950,289
C 22 $698,521 1 $39,211 0 $0 23 $737,732
C- 3 $62,101 4 $276,371 0 $0 7 $338,472
D 28 $953,011 4 $104,946 0 $0 32 $1,057,957
Unknown 0 $0 0 $0 0 $0 0 $0
--------------------------------------------------------------------------------------------------------------------------
PAID OFF 81.79% $20,512,050 81.63% $6,395,430 0.00% $0 81.75% $26,907,480
--------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 112 $3,723,300 19 $1,214,644 0 $0 131 $4,937,944
30-59 3 $89,403 0 $0 0 $0 3 $89,403
60-89 0 $0 0 $0 0 $0 0 $0
90-119 0 $0 0 $0 0 $0 0 $0
120-179 1 $83,180 1 $86,894 0 $0 2 $170,074
180-269 1 $10,249 1 $58,971 0 $0 2 $69,220
270-359 0 $0 0 $0 0 $0 0 $0
360+ 1 $20,521 0 $0 0 $0 1 $20,521
REO 0 $0 0 $0 0 $0 0 $0
90+REO 3 $113,950 2 $145,865 - $0 $5 $259,815
--------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original 1.25% $313,172 3.45% $270,155 0.00% $0 1.77% $583,327
Severity 35.05% 54.48% 0.00% 41.98%
--------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 1.91% $176,728 1.51% $36,639 0.00% $0 1.82% $213,367
B 0.00% $0 0.00% $0 0.00% $0 0.00% $0
C 0.45% $25,910 6.56% $111,275 0.00% $0 1.83% $137,185
C- 0.00% $0 1.68% $25,297 0.00% $0 1.15% $25,297
D 1.71% $110,533 7.23% $96,943 0.00% $0 2.66% $207,476
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
--------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: JULY 2000
<PAGE>
<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1994-D
FIXED RATE LOANS
CHANNEL OF ORIGINATION
----------------------------------------------------------------------------------------------------------------------------------
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 745 $28,574,595 75 $4,703,203 0 $0 820 $33,277,798
LTV/WAC 55.81% 11.72% 63.20% 12.15% 0.00% 0.00% 56.86% 11.78%
NON/2-4 8.60% 3.93% 0.00% 8.19% 0.00% 0.00% 7.39% 4.53%
Low/NIV 33.62% 38.89% 13.34% 33.44% 0.00% 0.00% 30.76% 38.12%
A/A- 278 $12,205,295 19 $1,263,000 0 $0 297 $13,468,295
B 64 $2,887,100 22 $1,251,650 0 $0 86 $4,138,750
C 200 $6,929,000 15 $684,350 0 $0 215 $7,613,350
C- 49 $1,752,900 13 $933,003 0 $0 62 $2,685,903
D 154 $4,800,300 6 $571,200 0 $0 160 $5,371,500
Unknown 0 $0 0 $0 0 $0 0 $0
----------------------------------------------------------------------------------------------------------------------------------
REMAINING POOL 126 $4,713,140 15 $852,939 0 $0 141 $5,566,079
LTV/WAC 59.38% 11.33% 61.67% 11.71% 0.00% 0.00% 59.73% 11.39%
A/A- 62 $2,661,440 4 $188,535 0 $0 66 $2,849,975
B 12 $493,914 3 $114,675 0 $0 15 $608,589
C 37 $1,141,999 6 $292,273 0 $0 43 $1,434,272
C- 4 $115,133 2 $257,456 0 $0 6 $372,589
D 11 $300,654 0 $0 0 $0 11 $300,654
Unknown 0 $0 0 $0 0 $0 0 $0
----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 80.58% $23,026,495 80.63% $3,792,055 0.00% $0 80.59% $26,818,550
----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 120 $4,424,210 15 $852,939 0 $0 135 $5,277,149
30-59 0 $0 0 $0 0 $0 0 $0
60-89 2 $57,689 0 $0 0 $0 2 $57,689
90-119 0 $0 0 $0 0 $0 0 $0
120-179 0 $0 0 $0 0 $0 0 $0
180-269 2 $156,672 0 $0 0 $0 2 $156,672
270-359 0 $0 0 $0 0 $0 0 $0
360+ 2 $74,570 0 $0 0 $0 2 $74,570
REO 0 $0 0 $0 0 $0 0 $0
90+REO 4 $231,242 - $0 - $0 $4 $231,242
----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original 0.77% $221,183 6.24% $293,461 0.00% $0 1.55% $514,644
Severity 20.96% 37.56% 0.00% 28.02%
----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.10% $11,633 14.62% $184,599 0.00% $0 1.46% $196,232
B 0.21% $5,927 0.00% $0 0.00% $0 0.14% $5,927
C 1.62% $112,040 4.71% $32,227 0.00% $0 1.89% $144,267
C- 3.15% $55,159 (1.24)% ($11,543) 0.00% $0 1.62% $43,616
D 0.76% $36,423 15.44% $88,178 0.00% $0 2.32% $124,601
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: JULY 2000
<PAGE>
<TABLE>
<CAPTION>
---------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1995-A
FIXED RATE LOANS
CHANNEL OF ORIGINATION
---------------------------------------------------------------------------------------------------------------------------------
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 531 $21,565,150 265 $15,533,351 0 $0 796 $37,098,501
LTV/WAC 54.50% 12.21% 64.23% 12.86% 0.00% 0.00% 58.57% 12.48%
NON/2-4 7.91% 2.99% 8.36% 7.67% 0.00% 0.00% 8.10% 4.95%
Low/NIV 31.27% 41.49% 14.42% 42.30% 0.00% 0.00% 24.21% 41.83%
A/A- 187 $8,145,050 76 $4,664,777 0 $0 263 $12,809,827
B 42 $1,803,400 61 $3,506,720 0 $0 103 $5,310,120
C 163 $6,658,500 56 $3,118,735 0 $0 219 $9,777,235
C- 52 $1,472,900 37 $2,797,721 0 $0 89 $4,270,621
D 84 $3,376,700 35 $1,445,398 0 $0 119 $4,822,098
Unknown 3 $108,600 0 $0 0 $0 3 $108,600
---------------------------------------------------------------------------------------------------------------------------------
REMAINING POOL 101 $3,398,781 31 $1,527,193 0 $0 132 $4,925,974
LTV/WAC 54.60% 11.94% 65.39% 12.73% 0.00% 0.00% 57.95% 12.18%
A/A- 40 $1,377,619 12 $620,467 0 $0 52 $1,998,086
B 6 $292,531 4 $111,094 0 $0 10 $403,625
C 29 $964,754 8 $372,569 0 $0 37 $1,337,323
C- 10 $222,108 4 $346,344 0 $0 14 $568,452
D 16 $541,769 3 $76,719 0 $0 19 $618,488
Unknown 0 $0 0 $0 0 $0 0 $0
---------------------------------------------------------------------------------------------------------------------------------
PAID OFF 81.31% $17,534,050 89.42% $13,890,631 0.00% $0 84.71% $31,424,681
---------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 95 $3,162,484 23 $1,116,624 0 $0 118 $4,279,108
30-59 1 $28,826 0 $0 0 $0 1 $28,826
60-89 1 $14,695 1 $30,426 0 $0 2 $45,121
90-119 1 $20,264 0 $0 0 $0 1 $20,264
120-179 1 $17,426 3 $171,227 0 $0 4 $188,653
180-269 0 $0 0 $0 0 $0 0 $0
270-359 0 $0 0 $0 0 $0 0 $0
360+ 1 $68,010 4 $208,917 0 $0 5 $276,927
REO 1 $87,077 0 $0 0 $0 1 $87,077
90+REO 4 $192,777 7 $380,144 - $0 $11 $572,921
---------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original 0.57% $122,567 7.18% $1,115,837 0.00% $0 3.34% $1,238,404
Severity 16.61% 53.35% 0.00% 43.77%
---------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.32% $26,090 7.09% $330,822 0.00% $0 2.79% $356,912
B 0.00% $0 3.74% $131,169 0.00% $0 2.47% $131,169
C 0.24% $16,312 10.60% $330,567 0.00% $0 3.55% $346,879
C- 0.26% $3,808 3.23% $90,259 0.00% $0 2.20% $94,067
D 2.26% $76,358 16.12% $233,020 0.00% $0 6.42% $309,378
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: JULY 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1995-B
FIXED RATE LOANS
CHANNEL OF ORIGINATION
------------------------------------------------------------------------------------------------------------------------------------
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 417 $16,390,500 425 $23,630,253 0 $0 842 $40,020,753
LTV/WAC 58.00% 12.26% 63.17% 13.72% 0.00% 0.00% 61.05% 13.12%
NON/2-4 7.85% 2.32% 5.96% 5.98% 0.00% 0.00% 6.73% 4.48%
Low/NIV 28.10% 36.30% 17.77% 52.79% 0.00% 0.00% 22.01% 46.04%
A/A- 157 $6,285,800 96 $5,771,612 0 $0 253 $12,057,412
B 95 $4,431,350 91 $4,956,509 0 $0 186 $9,387,859
C 100 $3,533,150 75 $3,924,970 0 $0 175 $7,458,120
C- 38 $1,164,400 89 $4,857,400 0 $0 127 $6,021,800
D 26 $920,200 74 $4,119,762 0 $0 100 $5,039,962
Unknown 1 $55,600 0 $0 0 $0 1 $55,600
------------------------------------------------------------------------------------------------------------------------------------
REMAINING POOL 81 $3,053,361 44 $2,553,707 0 $0 125 $5,607,068
LTV/WAC 59.17% 11.99% 64.76% 13.33% 0.00% 0.00% 61.72% 12.60%
A/A- 32 $1,246,413 7 $602,739 0 $0 39 $1,849,152
B 20 $996,574 14 $596,698 0 $0 34 $1,593,273
C 21 $559,689 10 $505,624 0 $0 31 $1,065,313
C- 4 $151,649 9 $615,839 0 $0 13 $767,488
D 4 $99,035 4 $232,807 0 $0 8 $331,843
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 78.21% $12,818,300 88.56% $20,927,593 0.00% $0 84.32% $33,745,893
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 78 $2,923,681 37 $2,024,261 0 $0 115 $4,947,942
30-59 2 $102,272 1 $29,842 0 $0 3 $132,114
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 $95,262 0 $0 2 $95,262
180-269 0 $0 0 $0 0 $0 0 $0
270-359 0 $0 0 $0 0 $0 0 $0
360+ 0 $0 3 $180,042 0 $0 3 $180,042
REO 1 $27,409 1 $224,300 0 $0 2 $251,709
90+REO 1 $27,409 6 $499,604 - $0 $7 $527,013
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original 0.72% $117,310 9.75% $2,303,758 0.00% $0 6.05% $2,421,068
Severity 40.09% 59.02% 0.00% 57.70%
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- -0.07% ($4,157) 3.39% $195,916 0.00% $0 1.59% $191,759
B 0.00% $0 3.46% $171,260 0.00% $0 1.82% $171,260
C 1.72% $60,694 5.57% $218,552 0.00% $0 3.74% $279,246
C- 0.37% $4,320 10.13% $492,172 0.00% $0 8.24% $496,492
D 6.13% $56,453 29.76% $1,225,857 0.00% $0 25.44% $1,282,310
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: JULY 2000
<PAGE>
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1995-C
FIXED RATE LOANS
CHANNEL OF ORIGINATION
-----------------------------------------------------------------------------------------------------------------------------------
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 737 $28,579,800 319 $20,707,288 0 $0 1056 $49,287,088
LTV/WAC 57.06% 11.67% 63.90% 13.38% 0.00% 0.00% 59.94% 12.39%
NON/2-4 6.47% 2.41% 5.52% 4.98% 0.00% 0.00% 6.07% 3.49%
Low/NIV 32.58% 23.17% 15.39% 47.25% 0.00% 0.00% 25.36% 33.29%
A/A- 271 $11,320,400 56 $4,819,334 0 $0 327 $16,139,734
B 238 $9,368,100 70 $3,712,039 0 $0 308 $13,080,139
C 145 $5,033,600 66 $3,339,858 0 $0 211 $8,373,458
C- 52 $1,899,200 65 $4,544,239 0 $0 117 $6,443,439
D 31 $958,500 62 $4,291,818 0 $0 93 $5,250,318
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
REMAINING POOL 133 $4,522,397 45 $3,225,630 0 $0 178 $7,748,027
LTV/WAC 56.58% 11.41% 67.63% 12.58% 0.00% 0.00% 61.18% 11.90%
A/A- 57 $2,059,527 16 $1,302,275 0 $0 73 $3,361,802
B 38 $1,322,354 10 $652,943 0 $0 48 $1,975,296
C 29 $878,679 6 $195,459 0 $0 35 $1,074,138
C- 5 $166,617 7 $420,361 0 $0 12 $586,978
D 4 $95,220 6 $654,592 0 $0 10 $749,812
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 81.45% $23,277,200 83.64% $17,319,649 0.00% $0 82.37% $40,596,849
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 129 $4,355,324 36 $2,438,838 0 $0 165 $6,794,162
30-59 3 $119,012 0 $0 0 $0 3 $119,012
60-89 0 $0 0 $0 0 $0 0 $0
90-119 0 $0 1 $43,740 0 $0 1 $43,740
120-179 0 $0 0 $0 0 $0 0 $0
180-269 0 $0 1 $44,227 0 $0 1 $44,227
270-359 1 $48,061 1 $37,412 0 $0 2 $85,473
360+ 0 $0 4 $549,956 0 $0 4 $549,956
REO 0 $0 2 $111,457 0 $0 2 $111,457
90+REO 1 $48,061 9 $786,792 - $0 $10 $834,853
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original 0.49% $140,709 9.65% $1,998,226 0.00% $0 4.34% $2,138,935
Severity 19.80% 48.67% 0.00% 44.41%
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.03% $2,932 5.68% $273,634 0.00% $0 1.71% $276,566
B 0.73% $68,696 2.67% $99,193 0.00% $0 1.28% $167,889
C 1.11% $55,784 10.90% $364,099 0.00% $0 5.01% $419,883
C- 0.70% $13,297 6.55% $297,427 0.00% $0 4.82% $310,724
D 0.00% $0 22.46% $963,873 0.00% $0 18.36% $963,873
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: JULY 2000
<PAGE>
<TABLE>
<CAPTION>
---------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1995-D
FIXED RATE LOANS
CHANNEL OF ORIGINATION
---------------------------------------------------------------------------------------------------------------------------------
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 1268 $58,411,200 482 $31,678,815 0 $0 1750 $90,090,015
LTV/WAC 60.90% 10.55% 64.94% 12.80% 0.00% 0.00% 62.32% 11.34%
NON/2-4 6.24% 1.41% 3.23% 4.40% 0.00% 0.00% 5.18% 2.46%
Low/NIV 29.92% 15.65% 10.70% 50.73% 0.00% 0.00% 23.16% 27.99%
A/A- 497 $25,180,800 117 $8,847,013 0 $0 614 $34,027,813
B 302 $14,536,100 84 $5,096,059 0 $0 386 $19,632,159
C 317 $12,798,800 96 $6,207,350 0 $0 413 $19,006,150
C- 105 $4,256,600 104 $5,880,421 0 $0 209 $10,137,021
D 47 $1,638,900 81 $5,647,972 0 $0 128 $7,286,872
Unknown 0 $0 0 $0 0 $0 0 $0
---------------------------------------------------------------------------------------------------------------------------------
REMAINING POOL 299 $12,501,254 104 $6,265,597 0 $0 403 $18,766,851
LTV/WAC 62.01% 10.30% 66.68% 12.24% 0.00% 0.00% 63.57% 10.95%
A/A- 126 $5,884,418 35 $2,417,189 0 $0 161 $8,301,608
B 65 $3,169,400 20 $1,244,131 0 $0 85 $4,413,531
C 80 $2,467,308 20 $1,053,830 0 $0 100 $3,521,138
C- 23 $865,063 15 $743,962 0 $0 38 $1,609,025
D 5 $115,065 14 $806,484 0 $0 19 $921,550
Unknown 0 $0 0 $0 0 $0 0 $0
---------------------------------------------------------------------------------------------------------------------------------
PAID OFF 75.69% $44,208,700 79.25% $25,106,530 0.00% $0 76.94% $69,315,230
---------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 287 $11,962,129 87 $5,596,473 0 $0 374 $17,558,602
30-59 2 $94,434 3 $101,092 0 $0 5 $195,526
60-89 3 $119,790 3 $78,380 0 $0 6 $198,170
90-119 2 $93,427 0 $0 0 $0 2 $93,427
120-179 2 $117,560 2 $119,937 0 $0 4 $237,497
180-269 1 $37,671 0 $0 0 $0 1 $37,671
270-359 0 $0 0 $0 0 $0 0 $0
360+ 0 $0 8 $306,143 0 $0 8 $306,143
REO 2 $76,244 1 $63,572 0 $0 3 $139,816
90+REO 7 $324,902 11 $489,652 - $0 $18 $814,554
---------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original 0.44% $257,949 8.04% $2,546,390 0.00% $0 3.11% $2,804,339
Severity 22.54% 49.80% 0.00% 44.82%
---------------------------------------------------------------------------------------------------------------------------------
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
---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: JULY 2000
<PAGE>
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1996-A
FIXED RATE LOANS
CHANNEL OF ORIGINATION
-----------------------------------------------------------------------------------------------------------------------------------
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 954 $42,687,500 770 $57,454,950 0 $0 1724 $100,142,450
LTV/WAC 62.48% 10.85% 65.10% 12.54% 0.00% 0.00% 63.98% 11.82%
NON/2-4 6.53% 3.73% 2.54% 4.33% 0.00% 0.00% 4.24% 4.07%
Low/NIV 38.95% 9.62% 7.82% 48.94% 0.00% 0.00% 21.09% 32.18%
A/A- 338 $17,136,400 165 $13,896,968 0 $0 503 $31,033,368
B 247 $11,851,100 84 $7,101,987 0 $0 331 $18,953,087
C 212 $8,196,800 101 $6,452,996 0 $0 313 $14,649,796
C- 112 $4,102,400 119 $7,729,884 0 $0 231 $11,832,284
D 45 $1,400,800 301 $22,273,115 0 $0 346 $23,673,915
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
REMAINING POOL 260 $12,283,661 169 $11,841,796 0 $0 429 $24,125,457
LTV/WAC 65.85% 10.48% 66.25% 11.98% 0.00% 0.00% 66.05% 11.21%
A/A- 104 $5,519,741 51 $4,240,943 0 $0 155 $9,760,684
B 66 $3,354,255 19 $1,697,630 0 $0 85 $5,051,886
C 66 $2,766,829 22 $1,011,152 0 $0 88 $3,777,981
C- 15 $394,635 23 $1,422,657 0 $0 38 $1,817,292
D 9 $248,201 54 $3,469,413 0 $0 63 $3,717,614
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 67.40% $28,769,800 78.59% $45,154,516 0.00% $0 73.82% $73,924,316
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 242 $11,372,411 129 $9,177,677 0 $0 371 $20,550,088
30-59 6 $470,722 6 $540,265 0 $0 12 $1,010,987
60-89 2 $51,235 3 $150,640 0 $0 5 $201,875
90-119 0 $0 1 $126,640 0 $0 1 $126,640
120-179 1 $10,336 2 $87,639 0 $0 3 $97,975
180-269 3 $164,850 5 $359,906 0 $0 8 $524,756
270-359 1 $13,663 1 $29,097 0 $0 2 $42,760
360+ 1 $10,622 15 $1,053,564 0 $0 16 $1,064,186
REO 4 $189,821 7 $316,369 0 $0 11 $506,190
90+REO 10 $389,292 31 $1,973,215 - $0 $41 $2,362,507
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original 1.08% $460,999 6.58% $3,782,143 0.00% $0 4.24% $4,243,142
Severity 38.41% 48.72% 0.00% 47.34%
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.81% $137,949 4.22% $586,714 0.00% $0 2.34% $724,663
B 0.52% $61,418 4.06% $288,093 0.00% $0 1.84% $349,511
C 1.41% $115,325 3.51% $226,775 0.00% $0 2.34% $342,100
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
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: JULY 2000
<PAGE>
<TABLE>
<CAPTION>
---------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1996-B
FIXED RATE LOANS
CHANNEL OF ORIGINATION
---------------------------------------------------------------------------------------------------------------------------------
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 1332 $62,460,165 878 $57,413,366 0 $0 2210 $119,873,531
LTV/WAC 61.69% 10.97% 65.01% 12.70% 0.00% 0.00% 63.28% 11.80%
NON/2-4 6.60% 4.78% 4.26% 6.49% 0.00% 0.00% 5.48% 5.60%
Low/NIV 34.30% 10.45% 6.22% 52.78% 0.00% 0.00% 20.85% 30.72%
A/A- 476 $25,914,500 173 $14,105,714 0 $0 649 $40,020,214
B 293 $14,983,000 91 $7,457,095 0 $0 384 $22,440,095
C 252 $10,018,295 140 $8,566,900 0 $0 392 $18,585,195
C- 140 $5,967,800 107 $6,031,791 0 $0 247 $11,999,591
D 93 $3,074,400 367 $21,251,866 0 $0 460 $24,326,266
Unknown 78 $2,502,170 0 $0 0 $0 78 $2,502,170
---------------------------------------------------------------------------------------------------------------------------------
REMAINING POOL 355 $16,790,792 211 $14,919,801 0 $0 566 $31,710,593
LTV/WAC 64.08% 10.59% 66.91% 12.20% 0.00% 0.00% 65.41% 11.35%
A/A- 151 $8,729,507 64 $5,496,749 0 $0 215 $14,226,256
B 73 $4,111,276 28 $1,949,453 0 $0 101 $6,060,729
C 58 $1,835,998 33 $2,413,712 0 $0 91 $4,249,710
C- 35 $1,343,065 16 $893,543 0 $0 51 $2,236,608
D 20 $476,854 70 $4,166,344 0 $0 90 $4,643,198
Unknown 18 $294,091 0 $0 0 $0 18 $294,091
---------------------------------------------------------------------------------------------------------------------------------
PAID OFF 69.95% $43,690,515 73.15% $41,995,615 0.00% $0 71.48% $85,686,130
---------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 322 $15,352,131 140 $10,009,615 0 $0 462 $25,361,746
30-59 9 $328,940 6 $372,100 0 $0 15 $701,040
60-89 3 $61,930 9 $541,937 0 $0 12 $603,867
90-119 0 $0 1 $44,972 0 $0 1 $44,972
120-179 4 $109,436 3 $363,568 0 $0 7 $473,004
180-269 8 $472,198 5 $281,390 0 $0 13 $753,588
270-359 2 $95,920 6 $448,052 0 $0 8 $543,972
360+ 5 $217,477 30 $2,189,829 0 $0 35 $2,407,306
REO 2 $152,761 11 $668,338 0 $0 13 $821,099
90+REO 21 $1,047,792 56 $3,996,149 - $0 $77 $5,043,941
---------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original 0.84% $522,697 8.28% $4,754,776 0.00% $0 4.40% $5,277,473
Severity 39.60% 51.53% 0.00% 50.04%
---------------------------------------------------------------------------------------------------------------------------------
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 12.33% $2,620,138 0.00% $0 10.90% $2,651,759
Unknown 4.81% $120,445 0.00% $0 0.00% $0 4.81% $120,445
---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: JULY 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1996-C
FIXED RATE LOANS
CHANNEL OF ORIGINATION
------------------------------------------------------------------------------------------------------------------------------------
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 1602 $74,900,200 793 $53,255,408 740 $47,310,845 3135 $175,466,453
LTV/WAC 62.45% 10.82% 65.35% 12.77% 66.24% 10.86% 64.35% 11.42%
NON/2-4 5.46% 4.68% 3.59% 8.88% 13.49% 10.57% 7.06% 7.55%
Low/NIV 26.88% 23.18% 6.68% 50.43% 0.00% 13.99% 13.50% 28.98%
A/A- 634 $35,203,200 176 $13,663,331 391 $28,092,663 1201 $76,959,194
B 400 $19,377,800 91 $6,669,880 190 $12,453,730 681 $38,501,410
C 299 $11,267,300 101 $6,926,963 156 $6,654,302 556 $24,848,565
C- 153 $5,425,300 112 $6,553,370 0 $0 265 $11,978,670
D 116 $3,626,600 313 $19,441,864 3 $110,150 432 $23,178,614
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
REMAINING POOL 458 $19,960,342 217 $14,500,174 253 $15,798,747 928 $50,259,263
LTV/WAC 62.64% 10.42% 67.08% 12.47% 66.51% 10.50% 65.14% 11.03%
A/A- 214 $10,521,302 61 $4,696,398 155 $10,563,574 430 $25,781,274
B 115 $5,411,847 25 $1,748,616 58 $3,522,745 198 $10,683,208
C 80 $2,634,148 30 $1,883,884 40 $1,712,427 150 $6,230,460
C- 27 $815,371 22 $1,475,009 0 $0 49 $2,290,379
D 22 $577,674 79 $4,696,268 0 $0 101 $5,273,942
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 70.57% $52,858,400 71.96% $38,322,213 65.13% $30,813,468 69.53% $121,994,081
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 417 $18,358,289 159 $10,584,832 226 $14,242,055 802 $43,185,176
30-59 7 $405,331 4 $328,516 4 $257,318 15 $991,165
60-89 5 $156,982 5 $446,621 1 $41,101 11 $644,704
90-119 2 $139,903 3 $206,350 0 $0 5 $346,253
120-179 5 $206,104 2 $83,064 4 $327,234 11 $616,402
180-269 1 $48,934 4 $328,544 4 $191,655 9 $569,133
270-359 5 $255,294 4 $166,838 2 $58,059 11 $480,191
360+ 14 $315,595 23 $1,555,359 7 $475,090 44 $2,346,044
REO 2 $73,911 13 $800,051 5 $206,235 20 $1,080,197
90+REO 29 $1,039,741 49 $3,140,206 22 $1,258,273 $100 $5,438,220
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original 0.61% $458,974 6.52% $3,471,468 3.17% $1,500,716 3.10% $5,431,158
Severity 40.22% 53.07% 42.04% 48.27%
-----------------------------------------------------------------------------------------------------------------------------------
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 6.14% $402,056 0.00% $0 4.23% $507,108
D 3.28% $119,095 11.94% $2,321,032 25.53% $28,117 10.65% $2,468,244
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: JULY 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1996-D
FIXED RATE LOANS
CHANNEL OF ORIGINATION
------------------------------------------------------------------------------------------------------------------------------------
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 2083 101,797,500 1140 $73,521,616 1005 $67,125,278 4228 $242,444,394
LTV/WAC 66.14% 10.63% 67.99% 12.47% 66.25% 10.52% 66.73% 11.16%
NON/2-4 4.41% 3.89% 5.67% 11.69% 12.79% 8.07% 7.11% 7.41%
Low/NIV 27.33% 13.17% 6.49% 40.53% 2.14% 43.05% 14.04% 29.74%
A/A- 1071 $64,013,400 341 $25,565,407 502 $40,111,347 1914 $129,690,154
B 466 $19,390,700 214 $13,953,605 255 $15,798,924 935 $49,143,229
C 275 $9,670,000 225 $13,048,515 155 $6,955,207 655 $29,673,722
C- 119 $3,738,500 101 $5,320,519 26 $1,044,600 246 $10,103,619
D 152 $4,984,900 259 $15,633,570 67 $3,215,200 478 $23,833,670
Unknown 0 $0 0 $0 0 $0 0 $0
----------------------------------------------------------------------------------------------------------------------------------
REMAINING POOL 684 $32,703,197 337 $20,729,759 384 $25,895,394 1405 $79,328,350
LTV/WAC 70.01% 10.34% 68.64% 12.07% 66.94% 10.20% 68.65% 10.74%
A/A- 406 $22,596,749 108 $7,477,083 227 $17,630,134 741 $47,703,965
B 136 $5,780,570 65 $4,077,257 86 $5,291,170 287 $15,148,997
C 78 $2,429,044 63 $3,664,296 50 $2,064,988 191 $8,158,327
C- 28 $947,326 29 $1,564,134 4 $143,998 61 $2,655,459
D 36 $949,508 72 $3,946,989 17 $765,104 125 $5,661,602
Unknown 0 $0 0 $0 0 $0 0 $0
----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 64.67% $65,831,200 70.98% $52,182,671 59.78% $40,127,330 65.23% $158,141,201
----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 622 $29,535,302 229 $14,221,949 335 $23,351,362 1186 $67,108,613
30-59 23 $929,533 11 $482,960 6 $405,558 40 $1,818,051
60-89 7 $564,504 3 $348,164 2 $59,254 12 $971,922
90-119 4 $85,232 0 $0 3 $122,358 7 $207,590
120-179 8 $533,950 9 $555,073 4 $222,154 21 $1,311,177
180-269 3 $109,814 7 $339,196 2 $116,195 12 $565,205
270-359 3 $209,669 6 $334,268 4 $261,198 13 $805,135
360+ 11 $669,009 46 $2,765,922 19 $833,116 76 $4,268,047
REO 3 $66,184 26 $1,682,226 9 $524,199 38 $2,272,609
90+REO 32 $1,673,858 94 $5,676,685 41 $2,079,220 $167 $9,429,763
----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original 0.66% $667,673 8.98% $6,603,077 3.08% $2,067,992 3.85% $9,338,742
Severity 40.81% 62.31% 51.36% 57.44%
----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.28% $181,336 7.19% $1,839,239 0.91% $363,392 1.84% $2,383,967
B 1.06% $205,676 6.85% $955,777 4.52% $714,381 3.82% $1,875,834
C 1.06% $102,413 10.04% $1,309,531 9.11% $633,635 6.89% $2,045,579
C- 1.93% $72,328 11.02% $586,250 7.95% $83,065 7.34% $741,643
D 2.12% $105,920 12.23% $1,912,280 8.51% $273,518 9.62% $2,291,718
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: JULY 2000
<PAGE>
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1997-A
FIXED RATE LOANS
CHANNEL OF ORIGINATION
-----------------------------------------------------------------------------------------------------------------------------------
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 2226 $112,665,600 712 $47,333,513 805 $56,810,229 3743 $216,809,342
LTV/WAC 69.49% 10.29% 69.40% 11.84% 66.71% 10.22% 68.74% 10.61%
NON/2-4 5.22% 4.12% 4.44% 8.87% 13.92% 7.79% 7.33% 6.12%
Low/NIV 24.60% 4.89% 7.48% 42.04% 5.11% 40.66% 15.75% 22.37%
A/A- 1168 $69,976,700 210 $18,104,137 459 $36,285,539 1837 $124,366,376
B 564 $25,650,100 155 $11,555,391 176 $12,224,490 895 $49,429,981
C 277 $9,231,400 145 $7,508,959 86 $4,249,865 508 $20,990,224
C- 68 $2,166,200 50 $2,406,000 20 $1,099,550 138 $5,671,750
D 149 $5,641,200 151 $7,726,426 64 $2,950,785 364 $16,318,411
Unknown 0 $0 1 $32,600 0 $0 1 $32,600
-----------------------------------------------------------------------------------------------------------------------------------
REMAINING POOL 899 $45,684,366 264 $16,611,801 378 $26,842,743 1541 $89,138,910
LTV/WAC 70.11% 10.03% 69.95% 11.56% 66.53% 9.94% 69.00% 10.29%
A/A- 518 $31,150,050 80 $6,607,846 239 $18,586,429 837 $56,344,325
B 219 $9,388,671 67 $4,552,415 79 $5,189,202 365 $19,130,288
C 93 $2,852,379 54 $2,538,413 35 $1,643,474 182 $7,034,267
C- 24 $662,487 12 $415,054 5 $333,123 41 $1,410,665
D 45 $1,630,779 51 $2,498,072 20 $1,090,515 116 $5,219,366
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 55.94% $63,024,900 63.04% $29,837,500 50.86% $28,893,215 56.16% $121,755,615
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 819 $41,580,639 202 $12,430,675 339 $24,117,399 1360 $78,128,713
30-59 18 $963,633 4 $441,570 2 $79,081 24 $1,484,284
60-89 3 $186,497 2 $195,004 2 $93,465 7 $474,966
90-119 5 $283,834 3 $78,753 4 $248,757 12 $611,344
120-179 13 $728,605 6 $221,035 4 $271,156 23 $1,220,796
180-269 8 $252,477 6 $309,720 7 $404,125 21 $966,322
270-359 4 $130,138 11 $574,601 2 $191,304 17 $896,043
360+ 17 $918,454 21 $1,611,055 7 $716,278 45 $3,245,787
REO 12 $640,089 9 $749,387 11 $721,178 32 $2,110,654
90+REO 59 $2,953,597 56 $3,544,551 35 $2,552,798 $150 $9,050,946
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original 1.05% $1,179,701 5.64% $2,668,072 2.55% $1,447,144 2.44% $5,294,917
Severity 44.31% 64.75% 35.79% 48.90%
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.48% $338,874 3.29% $595,020 1.56% $565,260 1.21% $1,499,154
B 1.24% $318,657 4.42% $510,172 2.70% $330,620 2.35% $1,159,449
C 2.20% $203,441 6.66% $500,238 6.38% $270,969 4.64% $974,648
C- 1.82% $39,469 15.49% $372,579 5.41% $59,473 8.31% $471,521
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
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: JULY 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1997-B
FIXED RATE LOANS
CHANNEL OF ORIGINATION
------------------------------------------------------------------------------------------------------------------------------------
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 1836 $97,362,200 752 $50,943,403 605 $41,970,575 3193 $190,276,178
LTV/WAC 68.31% 10.41% 68.03% 11.08% 69.14% 10.25% 68.42% 10.56%
NON/2-4 5.72% 3.94% 1.68% 8.76% 10.40% 8.75% 5.67% 6.29%
Low/NIV 23.71% 13.49% 6.43% 38.46% 2.31% 37.84% 14.36% 25.54%
A/A- 1001 $61,097,500 341 $25,016,510 336 $26,667,463 1678 $112,781,473
B 446 $21,755,900 204 $14,007,488 146 $9,413,696 796 $45,177,084
C 230 $8,455,900 124 $6,858,310 58 $3,061,028 412 $18,375,238
C- 63 $2,490,600 26 $1,495,050 18 $867,890 107 $4,853,540
D 96 $3,562,300 57 $3,566,045 47 $1,960,498 200 $9,088,843
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
REMAINING POOL 778 $38,234,696 328 $20,132,831 284 $20,539,944 1390 $78,907,471
LTV/WAC 69.82% 10.17% 69.18% 10.68% 70.09% 9.83% 69.73% 10.21%
A/A- 452 $25,460,911 157 $10,435,308 188 $15,042,103 797 $50,938,322
B 194 $8,549,446 96 $6,036,421 60 $3,911,266 350 $18,497,132
C 86 $2,875,221 53 $2,586,690 19 $1,029,306 158 $6,491,216
C- 20 $546,502 9 $384,780 5 $153,847 34 $1,085,129
D 26 $802,617 13 $689,633 12 $403,423 51 $1,895,672
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 57.57% $56,046,900 59.00% $30,057,463 49.31% $20,696,910 56.13% $106,801,273
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 723 $35,262,179 289 $17,826,423 248 $18,480,605 1260 $71,569,207
30-59 14 $729,575 4 $123,926 3 $271,078 21 $1,124,579
60-89 5 $264,062 1 $30,383 0 $0 6 $294,445
90-119 2 $134,003 4 $190,419 2 $118,503 8 $442,925
120-179 7 $444,017 3 $144,959 5 $318,538 15 $907,514
180-269 4 $185,296 5 $190,123 5 $236,470 14 $611,889
270-359 4 $203,419 3 $351,247 2 $171,399 9 $726,065
360+ 12 $642,554 13 $935,220 11 $568,724 36 $2,146,498
REO 7 $369,590 6 $340,131 8 $374,627 21 $1,084,348
90+REO 36 $1,978,879 34 $2,152,099 33 $1,788,261 $103 $5,919,239
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original 1.07% $1,041,438 2.76% $1,408,167 3.35% $1,404,662 2.03% $3,854,267
Severity 42.81% 62.56% 44.28% 49.06%
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.62% $376,412 0.96% $240,281 2.34% $624,427 1.10% $1,241,120
B 1.12% $244,337 3.15% $441,687 3.97% $374,037 2.35% $1,060,061
C 2.28% $193,162 5.97% $409,641 6.64% $203,360 4.39% $806,163
C- 3.75% $93,504 1.65% $24,685 4.85% $42,111 3.30% $160,300
D 3.76% $134,022 8.18% $291,873 8.20% $160,727 6.45% $586,622
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
As of: July 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1997-C
FIXED RATE LOANS
CHANNEL OF ORIGINATION
------------------------------------------------------------------------------------------------------------------------------------
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 1857 $93,139,900 577 $44,292,659 631 $40,415,609 3065 $177,848,168
LTV/WAC 69.13% 10.71% 76.54% 11.20% 70.70% 10.44% 71.34% 10.77%
NON/2-4 3.96% 5.36% 2.24% 11.62% 13.39% 8.48% 5.68% 7.63%
Low/NIV 26.08% 12.93% 4.28% 25.52% 1.16% 37.99% 14.99% 21.76%
A/A- 963 $58,206,900 312 $28,286,497 359 $26,654,712 1634 $113,148,109
B 460 $20,003,100 125 $9,308,030 136 $8,011,120 721 $37,322,250
C 256 $8,616,100 64 $3,795,665 63 $2,932,080 383 $15,343,845
C- 76 $2,672,500 16 $741,680 18 $723,890 110 $4,138,070
D 102 $3,641,300 60 $2,160,787 55 $2,093,807 217 $7,895,894
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
REMAINING POOL 831 $40,368,230 252 $19,202,497 332 $20,959,814 1415 $80,530,541
LTV/WAC 71.71% 10.54% 77.49% 10.82% 71.70% 10.18% 73.08% 10.51%
A/A- 470 $26,877,995 156 $13,013,906 209 $14,683,244 835 $54,575,145
B 199 $8,585,876 56 $4,378,954 73 $4,205,472 328 $17,170,302
C 98 $2,879,289 19 $1,006,306 26 $1,188,502 143 $5,074,097
C- 31 $1,059,795 7 $329,810 6 $207,127 44 $1,596,731
D 33 $965,276 14 $473,521 18 $675,469 65 $2,114,266
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 53.61% $49,929,100 55.15% $24,425,347 46.44% $18,767,032 52.36% $93,121,479
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 737 $35,237,495 206 $15,664,502 277 $17,767,357 1220 $68,669,354
30-59 20 $1,324,080 5 $552,722 5 $336,307 30 $2,213,109
60-89 8 $393,095 2 $217,764 3 $139,245 13 $750,104
90-119 4 $356,088 3 $155,385 3 $155,750 10 $667,223
120-179 12 $765,422 3 $139,483 5 $354,789 20 $1,259,694
180-269 9 $384,223 9 $503,226 6 $498,966 24 $1,386,415
270-359 10 $700,602 7 $770,122 3 $142,035 20 $1,612,759
360+ 15 $597,563 10 $722,807 16 $1,108,607 41 $2,428,977
REO 16 $609,661 7 $476,485 14 $456,758 37 $1,542,904
90+REO 66 $3,413,559 39 $2,767,508 47 $2,716,905 $152 $8,897,972
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original 1.10% $1,021,059 3.29% $1,455,658 2.49% $1,005,343 1.96% $3,482,060
Severity 46.19% 58.38% 44.19% 49.89%
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.58% $340,221 2.34% $662,652 1.69% $451,097 1.29% $1,453,970
B 1.77% $353,075 4.69% $436,921 2.34% $187,129 2.62% $977,125
C 2.17% $186,729 5.64% $214,223 5.17% $151,725 3.60% $552,677
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 8.50% $178,025 5.14% $405,717
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
As of: July 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1997-D
FIXED RATE LOANS
CHANNEL OF ORIGINATION
------------------------------------------------------------------------------------------------------------------------------------
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 2493 $129,898,935 526 $42,709,867 749 $46,948,976 3768 $219,557,778
LTV/WAC 68.31% 10.63% 76.99% 10.81% 70.56% 10.46% 70.48% 10.63%
NON/2-4 5.38% 6.32% 2.98% 11.16% 13.91% 6.35% 6.74% 7.27%
Low/NIV 30.46% 11.27% 2.43% 29.57% 2.63% 36.51% 19.06% 20.23%
A/A- 1296 $83,026,100 301 $28,789,555 381 $28,052,561 1978 $139,868,216
B 586 $26,277,800 128 $8,414,027 202 $12,314,866 916 $47,006,693
C 282 $9,675,000 43 $2,334,760 68 $2,695,032 393 $14,704,792
C- 151 $5,353,935 10 $636,500 26 $1,007,360 187 $6,997,795
D 178 $5,566,100 44 $2,535,025 72 $2,879,157 294 $10,980,282
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
REMAINING POOL 1246 $62,397,020 280 $22,249,346 439 $27,477,863 1965 $112,124,229
LTV/WAC 69.47% 10.41% 78.19% 10.50% 71.70% 10.18% 71.74% 10.38%
A/A- 702 $43,379,836 174 $15,663,935 256 $18,569,490 1132 $77,613,262
B 276 $11,290,960 66 $4,315,130 113 $6,269,271 455 $21,875,361
C 130 $3,830,174 18 $955,881 36 $1,188,450 184 $5,974,505
C- 70 $1,998,732 5 $288,503 12 $513,880 87 $2,801,115
D 68 $1,897,318 17 $1,025,898 22 $936,771 107 $3,859,987
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 48.78% $63,358,900 47.05% $20,092,972 40.06% $18,806,578 46.57% $102,258,450
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 1116 $56,053,400 237 $18,742,548 365 $23,194,502 1718 $97,990,450
30-59 28 $1,635,727 3 $330,292 9 $636,237 40 $2,602,256
60-89 8 $333,421 3 $129,949 3 $78,602 14 $541,972
90-119 7 $273,723 2 $186,944 3 $244,072 12 $704,739
120-179 13 $555,339 3 $196,301 6 $320,353 22 $1,071,993
180-269 17 $954,831 6 $367,582 10 $720,781 33 $2,043,194
270-359 12 $467,963 1 $29,137 5 $301,563 18 $798,663
360+ 25 $1,141,131 15 $1,651,123 18 $969,516 58 $3,761,770
REO 20 $981,485 10 $615,470 20 $1,012,238 50 $2,609,193
90+REO 94 $4,374,472 37 $3,046,557 62 $3,568,523 $193 $10,989,552
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original 1.22% $1,588,063 6.35% $2,713,330 2.60% $1,218,339 2.51% $5,519,732
Severity 46.37% 61.82% 57.09% 55.49%
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.51% $425,526 4.56% $1,311,916 0.98% $273,906 1.44% $2,011,348
B 1.36% $356,874 6.30% $530,344 3.22% $396,419 2.73% $1,283,637
C 4.10% $396,270 16.47% $384,645 7.55% $203,398 6.69% $984,313
C- 2.01% $107,420 1.08% $6,881 2.33% $23,478 1.97% $137,779
D 5.43% $301,972 18.92% $479,545 11.15% $321,136 10.04% $1,102,653
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
As of: July 2000
<PAGE>
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1998-A
FIXED RATE LOANS
CHANNEL OF ORIGINATION
------------------------------------------------------------------------------------------------------------------------------------
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 1718 $78,921,789 486 $40,773,151 461 $31,396,056 2665 $151,090,996
LTV/WAC 67.97% 10.67% 76.94% 10.46% 73.34% 10.23% 71.51% 10.52%
NON/2-4 6.63% 3.01% 1.82% 8.21% 10.21% 6.36% 6.08% 5.11%
Low/NIV 28.09% 15.18% 4.05% 28.22% 1.68% 40.20% 16.11% 23.90%
A/A- 875 $51,560,400 265 $27,274,677 251 $20,298,186 1391 $99,133,263
B 363 $13,106,500 105 $7,438,645 130 $7,746,352 598 $28,291,497
C 173 $5,471,700 63 $3,554,603 39 $1,751,635 275 $10,777,938
C- 185 $5,235,889 10 $402,726 8 $408,028 203 $6,046,643
D 122 $3,547,300 43 $2,102,500 33 $1,191,855 198 $6,841,655
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
REMAINING POOL 915 $41,762,164 290 $25,099,036 310 $21,245,944 1515 $88,107,143
LTV/WAC 70.15% 10.43% 80.02% 10.17% 74.04% 9.98% 73.90% 10.25%
A/A- 505 $29,821,381 181 $18,176,266 187 $15,153,766 873 $63,151,413
B 187 $6,651,220 62 $4,544,110 79 $4,505,686 328 $15,701,016
C 75 $2,042,356 27 $1,418,869 23 $877,521 125 $4,338,746
C- 94 $1,813,148 3 $67,962 4 $120,700 101 $2,001,810
D 54 $1,434,060 17 $891,829 17 $588,271 88 $2,914,159
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 43.03% $33,958,739 36.85% $15,023,541 30.59% $9,605,480 38.78% $58,587,760
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 829 $37,664,261 245 $21,423,188 261 $18,624,613 1335 $77,712,062
30-59 21 $1,145,830 8 $530,522 5 $265,342 34 $1,941,694
60-89 6 $214,352 3 $296,692 2 $57,699 11 $568,743
90-119 2 $61,829 1 $96,031 6 $328,503 9 $486,363
120-179 3 $269,254 4 $435,382 3 $106,139 10 $810,775
180-269 12 $461,811 9 $579,259 4 $232,491 25 $1,273,561
270-359 7 $282,616 5 $621,811 4 $189,375 16 $1,093,802
360+ 16 $999,232 9 $470,928 14 $810,805 39 $2,280,965
REO 19 $662,980 6 $645,222 11 $630,978 36 $1,939,180
90+REO 59 $2,737,722 34 $2,848,633 42 $2,298,291 $135 $7,884,646
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original 1.17% $921,249 4.49% $1,829,747 2.76% $865,644 2.39% $3,616,640
Severity 57.99% 49.46% 49.67% 51.44%
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.70% $359,046 3.05% $832,192 1.38% $279,684 1.48% $1,470,922
B 2.20% $287,820 5.82% $432,589 3.44% $266,239 3.49% $986,648
C 2.95% $161,270 8.36% $297,032 4.04% $70,778 4.91% $529,080
C- 0.09% $4,617 7.19% $28,939 13.66% $55,719 1.48% $89,275
D 3.06% $108,495 11.37% $238,995 16.21% $193,224 7.90% $540,714
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
As of: July 2000
<PAGE>
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1998-B
FIXED RATE LOANS
CHANNEL OF ORIGINATION
-----------------------------------------------------------------------------------------------------------------------------
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 2158 $113,713,440 567 $54,884,117 1127 $81,587,317 3852 $250,184,874
LTV/WAC 69.66% 10.58% 79.78% 10.10% 74.26% 10.11% 73.38% 10.32%
NON/2-4 5.12% 3.98% 0.90% 8.52% 9.29% 8.13% 5.55% 6.33%
Low/NIV 20.71% 13.00% 3.96% 19.03% 1.57% 37.89% 10.79% 22.44%
A/A- 1084 $69,293,400 364 $40,140,965 588 $48,457,485 2036 $157,891,850
B 559 $25,805,400 107 $8,874,422 369 $25,311,307 1035 $59,991,129
C 239 $9,140,300 41 $2,451,600 95 $4,464,750 375 $16,056,650
C- 134 $4,900,140 5 $256,850 13 $624,050 152 $5,781,040
D 142 $4,574,200 50 $3,160,280 62 $2,729,725 254 $10,464,205
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------
REMAINING POOL 1296 $65,777,100 388 $37,214,965 755 $55,891,752 2439 $158,883,817
LTV/WAC 71.20% 10.36% 81.47% 9.85% 75.39% 9.90% 75.08% 10.08%
A/A- 689 $43,126,837 275 $28,781,352 432 $35,817,176 1396 $107,725,365
B 344 $14,743,954 72 $6,039,988 240 $16,254,851 656 $37,038,793
C 122 $4,145,571 21 $1,345,136 46 $1,970,659 189 $7,461,366
C- 80 $2,079,604 1 $50,559 8 $361,282 89 $2,491,445
D 61 $1,681,134 19 $997,930 29 $1,487,784 109 $4,166,848
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------
PAID OFF 38.83% $44,154,700 30.63% $16,812,920 29.75% $24,273,076 34.07% $85,240,696
-----------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 1156 $58,690,613 348 $33,816,407 647 $48,225,399 2151 $140,732,419
30-59 35 $1,793,506 3 $287,549 17 $1,176,359 55 $3,257,414
60-89 16 $636,875 2 $183,443 9 $450,178 27 $1,270,496
90-119 6 $317,567 5 $267,167 6 $467,418 17 $1,052,152
120-179 12 $669,254 4 $568,580 12 $912,723 28 $2,150,557
180-269 19 $961,739 7 $419,143 12 $795,658 38 $2,176,540
270-359 10 $564,717 3 $203,899 9 $857,496 22 $1,626,112
360+ 27 $1,466,623 7 $504,897 22 $1,890,155 56 $3,861,675
REO 15 $676,208 9 $963,879 21 $1,116,366 45 $2,756,453
90+REO 89 $4,656,108 35 $2,927,565 82 $6,039,816 $206 $13,623,489
-----------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original 1.04% $1,176,964 2.32% $1,272,461 2.29% $1,871,641 1.73% $4,321,066
Severity 49.96% 53.62% 44.87% 48.55%
-----------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.44% $306,029 1.36% $544,549 1.36% $661,381 0.96% $1,511,959
B 1.63% $421,035 2.60% $230,990 2.24% $567,644 2.03% $1,219,669
C 2.18% $199,007 6.89% $169,002 8.58% $383,148 4.68% $751,157
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 9.51% $259,468 7.02% $734,602
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
-----------------------------------------------------------------------------------------------------------------------------
</TABLE>
As of: July 2000
<PAGE>
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1998-C
FIXED RATE LOANS
CHANNEL OF ORIGINATION
-----------------------------------------------------------------------------------------------------------------------------
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
-----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 3408 $195,607,000 585 $54,190,090 1855 $139,333,051 5848 $389,130,141
LTV/WAC 71.59% 9.99% 79.53% 10.20% 73.49% 9.96% 73.38% 10.01%
NON/2-4 3.95% 4.30% 0.32% 7.38% 6.82% 6.05% 4.47% 5.35%
Low/NIV 16.18% 9.48% 1.12% 18.11% 1.89% 31.25% 8.97% 18.48%
A/A- 2090 $138,443,300 350 $38,146,183 991 $89,175,620 3431 $265,765,103
B 749 $36,922,900 115 $9,019,685 522 $34,002,128 1386 $79,944,713
C 280 $10,107,200 50 $2,681,835 167 $7,890,191 497 $20,679,226
C- 115 $4,347,800 8 $525,000 35 $1,329,830 158 $6,202,630
D 171 $5,664,900 62 $3,817,387 140 $6,935,282 373 $16,417,569
Unknown 3 $120,900 0 $0 0 $0 3 $120,900
-----------------------------------------------------------------------------------------------------------------------------
REMAINING POOL 2332 $131,413,991 435 $41,606,265 1414 $107,413,339 4181 $280,433,595
LTV/WAC 72.65% 9.84% 80.99% 10.00% 74.01% 9.80% 74.41% 9.85%
A/A- 1490 $96,381,660 285 $31,115,368 805 $71,712,197 2580 $199,209,225
B 507 $23,575,563 81 $6,348,956 399 $26,188,877 987 $56,113,396
C 169 $5,884,538 27 $1,350,201 103 $4,745,549 299 $11,980,288
C- 72 $2,649,666 4 $305,921 20 $711,564 96 $3,667,151
D 94 $2,922,565 38 $2,485,819 87 $4,055,151 219 $9,463,535
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------
PAID OFF 30.01% $58,707,300 21.86% $11,843,444 21.37% $29,769,315 25.78% $100,320,059
-----------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 2147 $120,583,526 372 $36,562,837 1205 $94,864,475 3724 $252,010,838
30-59 45 $2,525,927 8 $778,197 30 $2,064,661 83 $5,368,785
60-89 25 $1,394,886 4 $181,053 16 $1,088,571 45 $2,664,510
90-119 10 $688,543 3 $343,337 19 $850,069 32 $1,881,949
120-179 20 $1,237,211 4 $469,738 18 $884,951 42 $2,591,900
180-269 21 $1,283,142 9 $786,607 33 $1,871,239 63 $3,940,988
270-359 16 $876,812 3 $162,434 25 $1,755,347 44 $2,794,593
360+ 33 $1,870,770 22 $1,705,957 40 $2,802,770 95 $6,379,497
REO 15 $953,174 10 $616,105 28 $1,231,257 53 $2,800,536
90+REO 115 $6,909,652 51 $4,084,178 163 $9,395,633 $329 $20,389,463
-----------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original 0.63% $1,240,582 1.33% $719,764 1.68% $2,335,766 1.10% $4,296,112
Severity 42.37% 61.61% 51.20% 49.62%
-----------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.43% $599,730 0.85% $324,674 1.01% $902,539 0.69% $1,826,943
B 0.88% $326,200 2.65% $239,270 2.53% $860,547 1.78% $1,426,017
C 1.11% $112,670 3.09% $82,849 4.78% $376,973 2.77% $572,492
C- 1.78% $77,297 3.60% $18,890 2.05% $27,269 1.99% $123,456
D 2.20% $124,685 1.42% $54,081 2.43% $168,438 2.11% $347,204
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
-----------------------------------------------------------------------------------------------------------------------------
</TABLE>
As of: July 2000
<PAGE>
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1999-1
FIXED RATE LOANS
CHANNEL OF ORIGINATION
--------------------------------------------------------------------------------------------------------------------------------
RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
--------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 1499 $85,404,511 18 $1,420,265 1465 $109,139,273 2982 $195,964,049
LTV/WAC 71.37% 9.77% 81.07% 10.59% 74.83% 10.00% 73.37% 9.90%
NON/2-4 4.81% 4.35% 1.97% 0.00% 7.38% 6.00% 6.22% 5.24%
Low/NIV 7.73% 16.67% 2.25% 19.08% 5.11% 27.92% 6.23% 22.96%
A/A- 831 $56,946,292 5 $686,250 765 $68,327,351 1601 $125,959,893
B 303 $14,354,928 7 $511,135 379 $26,116,580 689 $40,982,643
C 149 $6,139,900 3 $114,400 133 $6,070,379 285 $12,324,679
C- 58 $2,290,691 1 $40,500 30 $1,885,056 89 $4,216,247
D 157 $5,633,700 2 $67,980 158 $6,739,907 317 $12,441,587
Unknown 1 $39,000 0 $0 0 $0 1 $39,000
--------------------------------------------------------------------------------------------------------------------------------
REMAINING POOL 1259 $71,876,999 17 $1,339,999 1265 $96,734,019 2541 $169,951,017
LTV/WAC 72.28% 9.64% 81.61% 10.61% 75.08% 9.88% 73.94% 9.79%
A/A- 732 $49,988,133 5 $654,925 697 $62,582,315 1434 $113,225,373
B 245 $11,419,891 7 $504,143 330 $23,044,305 582 $34,968,339
C 120 $4,542,910 3 $113,339 95 $4,551,449 218 $9,207,698
C- 49 $1,750,162 0 $0 24 $1,559,979 73 $3,310,141
D 108 $3,667,881 2 $67,592 119 $4,995,971 229 $8,731,444
Unknown 1 $37,710 0 $0 0 $0 1 $37,710
--------------------------------------------------------------------------------------------------------------------------------
PAID OFF 13.76% $11,753,312 9.76% $138,600 10.18% $11,106,771 11.74% $22,998,683
--------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 1145 $66,970,072 14 $1,034,855 1097 $86,627,656 2256 $154,632,583
30-59 38 $1,442,247 0 $0 44 $3,134,135 82 $4,576,382
60-89 15 $666,008 1 $58,826 20 $1,036,634 36 $1,761,468
90-119 13 $491,086 0 $0 11 $551,293 24 $1,042,379
120-179 11 $541,425 1 $67,232 22 $1,427,841 34 $2,036,498
180-269 15 $744,427 0 $0 17 $996,545 32 $1,740,972
270-359 11 $518,034 1 $179,087 28 $1,687,477 40 $2,384,598
360+ 5 $223,769 0 $0 9 $458,337 14 $682,106
REO 6 $279,929 0 $0 17 $814,102 23 $1,094,031
90+REO 61 $2,798,670 2 $246,319 104 $5,935,595 $167 $8,980,584
--------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original 0.34% $288,476 0.00% $0 0.66% $716,617 0.51% $1,005,093
Severity 57.72% 0.00% 55.74% 56.29%
--------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.18% $104,952 0.00% $0 0.20% $135,951 0.19% $240,903
B 0.62% $88,882 0.00% $0 0.45% $117,894 0.50% $206,776
C 0.01% $705 0.00% $0 3.17% $192,378 1.57% $193,083
C- 1.04% $23,916 0.00% $0 4.10% $77,352 2.40% $101,268
D 1.24% $70,020 0.00% $0 2.86% $193,041 2.11% $263,061
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
--------------------------------------------------------------------------------------------------------------------------------
</TABLE>
As of: July 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1994-A
ARM/HYBRID LOANS
CHANNEL OF ORIGINATION
------------------------------------------------------------------------------------------------------------------------
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 26 $1,661,818 0 $0 0 $0 26 $1,661,818
LTV/WAC 59.06% 11.18% 0.00% 0.00% 0.00% 0.00% 59.06% 11.18%
A/A- 8 $537,358 0 $0 0 $0 8 $537,358
B 4 $201,011 0 $0 0 $0 4 $201,011
C 7 $381,702 0 $0 0 $0 7 $381,702
C- 3 $227,207 0 $0 0 $0 3 $227,207
D 3 $206,646 0 $0 0 $0 3 $206,646
Unknown 1 $107,894 0 $0 0 $0 1 $107,894
------------------------------------------------------------------------------------------------------------------------
PAID OFF 85.09% $10,168,300 100.00% $153,600 0.00% $0 85.28% $10,321,900
------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 25 $1,549,812 0 $0 0 $0 25 $1,549,812
30-59 1 $112,006 0 $0 0 $0 1 $112,006
60-89 0 $0 0 $0 0 $0 0 $0
90-119 0 $0 0 $0 0 $0 0 $0
120-179 0 $0 0 $0 0 $0 0 $0
180-269 0 $0 0 $0 0 $0 0 $0
270-359 0 $0 0 $0 0 $0 0 $0
360+ 0 $0 0 $0 0 $0 0 $0
REO 0 $0 0 $0 0 $0 0 $0
90+REO - $0 - $0 - $0 $0 $0
------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance -0.11% -$13,653 0.00% $0 0.00% $0 -0.11% -$13,653
Severity -4.30% 0.00% 0.00% -4.30%
------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- -0.57% ($24,857) 0.00% $0 0.00% $0 -0.57% ($24,857)
B 0.39% $10,408 0.00% $0 0.00% $0 0.39% $10,408
C 0.00% $0 0.00% $0 0.00% $0 0.00% $0
C- 0.00% $0 0.00% $0 0.00% $0 0.00% $0
D 0.06% $797 0.00% $0 0.00% $0 0.06% $797
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: JULY 2000
<PAGE>
<TABLE>
<CAPTION>
-------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1994-B
ARM/HYBRID LOANS
CHANNEL OF ORIGINATION
-------------------------------------------------------------------------------------------------------------------------
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 43 $3,077,029 11 $913,827 0 $0 54 $3,990,857
LTV/WAC 62.21% 11.56% 64.88% 11.79% 0.00% 0.00% 62.82% 11.61%
A/A- 20 $1,693,783 3 $222,635 0 $0 23 $1,916,418
B 7 $307,754 0 $0 0 $0 7 $307,754
C 9 $598,663 2 $175,808 0 $0 11 $774,470
C- 1 $100,833 2 $118,910 0 $0 3 $219,743
D 6 $375,996 1 $168,923 0 $0 7 $544,919
Unknown 0 $0 3 $227,552 0 $0 3 $227,552
-------------------------------------------------------------------------------------------------------------------------
PAID OFF 71.54% $8,443,900 89.81% $8,640,370 0.00% $0 79.74% $17,084,270
-------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 42 $3,036,519 9 $763,653 0 $0 51 $3,800,172
30-59 0 $0 0 $0 0 $0 0 $0
60-89 0 $0 1 $66,031 0 $0 1 $66,031
90-119 0 $0 0 $0 0 $0 0 $0
120-179 0 $0 1 $84,142 0 $0 1 $84,142
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 1 $84,142 - $0 $2 $124,652
-------------------------------------------------------------------------------------------------------------------------
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 #DIV/O! $0 3.83% $152,638 0.00% $0 3.83% $152,638
-------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: JULY 2000
<PAGE>
<TABLE>
<CAPTION>
---------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1994-C
ARM/HYBRID LOANS
CHANNEL OF ORIGINATION
---------------------------------------------------------------------------------------------------------------------------------
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 $1,725,230 6 $530,943 0 $0 30 $2,256,173
LTV/WAC 60.25% 11.73% 71.03% 11.73% 0.00% 0.00% 62.79% 11.73%
A/A- 11 $807,063 4 $331,552 0 $0 15 $1,138,615
B 0 $0 0 $0 0 $0 0 $0
C 6 $437,294 1 $104,894 0 $0 7 $542,188
C- 1 $33,185 1 $94,498 0 $0 2 $127,682
D 6 $447,687 0 $0 0 $0 6 $447,687
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 24 $1,725,230 5 $426,049 0 $0 29 $2,151,279
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 1 $104,894 0 $0 1 $104,894
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 $104,894 - $0 $1 $104,894
---------------------------------------------------------------------------------------------------------------------------------
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 #DIV/0! $0 0.00% $0 0.00% $0 0.00% $0
---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: JULY 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1994-D
ARM/HYBRID LOANS
CHANNEL OF ORIGINATION
------------------------------------------------------------------------------------------------------------------------------
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 $1,354,068 25 $2,380,943 0 $0 46 $3,735,011
LTV/WAC 60.02% 11.74% 69.51% 11.61% 0.00% 0.00% 66.07% 11.66%
A/A- 5 $381,448 10 $1,137,114 0 $0 15 $1,518,562
B 1 $17,531 7 $650,562 0 $0 8 $668,093
C 7 $331,120 5 $345,976 0 $0 12 $677,097
C- 5 $340,278 3 $247,291 0 $0 8 $587,569
D 3 $283,691 0 $0 0 $0 3 $283,691
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------
PAID OFF 81.89% $6,576,000 91.29% $26,067,265 0.00% $0 89.23% $32,643,265
------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 19 $1,250,237 23 $2,283,067 0 $0 42 $3,533,304
30-59 0 $0 0 $0 0 $0 0 $0
60-89 0 $0 0 $0 0 $0 0 $0
90-119 1 $78,275 0 $0 0 $0 1 $78,275
120-179 0 $0 0 $0 0 $0 0 $0
180-269 1 $25,557 2 $97,876 0 $0 3 $123,433
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 $103,832 2 $97,876 - $0 $4 $201,708
------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 0.10% $7,995 4.43% $1,265,737 0.00% $0 3.48% $1,273,732
Severity 5.38% 31.67% 0.00% 30.73%
------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.00% $0 1.95% $187,798 0.00% $0 1.56% $187,798
B 0.00% $0 5.15% $323,739 0.00% $0 4.64% $323,739
C 0.77% $15,299 9.68% $337,882 0.00% $0 6.46% $353,181
C- 0.00% $0 4.80% $349,610 0.00% $0 4.29% $349,610
D -0.34% ($7,304) 3.60% $66,709 0.00% $0 1.49% $59,405
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: JULY 2000
<PAGE>
<TABLE>
<CAPTION>
---------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1995-A
ARM/HYBRID LOANS
CHANNEL OF ORIGINATION
---------------------------------------------------------------------------------------------------------------------------------
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 $337,774 62 $6,912,396 0 $0 69 $7,250,170
LTV/WAC 56.26% 12.66% 67.21% 12.28% 0.00% 0.00% 66.70% 12.30%
A/A- 0 $0 23 $2,434,427 0 $0 23 $2,434,427
B 2 $157,180 14 $1,217,011 0 $0 16 $1,374,190
C 3 $74,959 9 $985,558 0 $0 12 $1,060,517
C- 2 $105,635 9 $1,113,714 0 $0 11 $1,219,349
D 0 $0 6 $1,021,567 0 $0 6 $1,021,567
Unknown 0 $0 1 $140,119 0 $0 1 $140,119
---------------------------------------------------------------------------------------------------------------------------------
PAID OFF 91.99% $4,193,400 85.64% $42,563,610 0.00% $0 86.17% $46,757,010
---------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 5 $294,314 49 $5,504,649 0 $0 54 $5,798,963
30-59 1 $22,064 3 $199,047 0 $0 4 $221,111
60-89 1 $21,396 3 $377,696 0 $0 4 $399,092
90-119 0 $0 0 $0 0 $0 0 $0
120-179 0 $0 1 $65,395 0 $0 1 $65,395
180-269 0 $0 0 $0 0 $0 0 $0
270-359 0 $0 2 $223,721 0 $0 2 $223,721
360+ 0 $0 1 $191,286 0 $0 1 $191,286
REO 0 $0 3 $350,602 0 $0 3 $350,602
90+REO - $0 7 $831,004 - $0 $7 $831,004
---------------------------------------------------------------------------------------------------------------------------------
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 #DIV/0! $0 0.00% $0 0.00% $0 0.00% $0
---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: JULY 2000
<PAGE>
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1995-B
ARM/HYBRID LOANS
CHANNEL OF ORIGINATION
--------------------------------------------------------------------------------------------------------------------------------
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 $433,866 88 $8,390,362 0 $0 95 $8,824,229
LTV/WAC 66.09% 11.67% 65.83% 12.50% 0.00% 0.00% 65.84% 12.46%
A/A- 3 $134,889 20 $2,128,532 0 $0 23 $2,263,421
B 2 $165,287 14 $1,212,771 0 $0 16 $1,378,058
C 1 $65,773 22 $2,056,854 0 $0 23 $2,122,627
C- 1 $67,917 20 $1,977,466 0 $0 21 $2,045,383
D 0 $0 12 $1,014,740 0 $0 12 $1,014,740
Unknown 0 $0 0 $0 0 $0 0 $0
--------------------------------------------------------------------------------------------------------------------------------
PAID OFF 89.81% $4,037,600 84.20% $46,839,395 0.00% $0 84.62% $50,876,995
--------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 7 $433,866 57 $5,399,383 0 $0 64 $5,833,249
30-59 0 $0 2 $160,285 0 $0 2 $160,285
60-89 0 $0 2 $225,289 0 $0 2 $225,289
90-119 0 $0 2 $106,794 0 $0 2 $106,794
120-179 0 $0 4 $428,821 0 $0 4 $428,821
180-269 0 $0 2 $141,758 0 $0 2 $141,758
270-359 0 $0 4 $299,982 0 $0 4 $299,982
360+ 0 $0 7 $707,114 0 $0 7 $707,114
REO 0 $0 8 $920,936 0 $0 8 $920,936
90+REO - $0 27 $2,605,405 - $0 $27 $2,605,405
--------------------------------------------------------------------------------------------------------------------------------
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 Th 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 #DIV/0! $0 0.00% $0 0.00% $0 0.00% $0
--------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: JULY 2000
<PAGE>
<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1995-C
ARM/HYBRID LOANS
CHANNEL OF ORIGINATION
----------------------------------------------------------------------------------------------------------------------------
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 $518,124 92 $7,635,216 0 $0 101 $8,153,341
LTV/WAC 61.56% 12.20% 67.42% 12.86% 0.00% 0.00% 67.05% 12.82%
A/A- 3 $241,465 19 $1,647,084 0 $0 22 $1,888,549
B 2 $117,400 16 $1,541,940 0 $0 18 $1,659,341
C 3 $103,806 11 $851,470 0 $0 14 $955,275
C- 0 $0 25 $1,988,991 0 $0 25 $1,988,991
D 1 $55,454 21 $1,605,731 0 $0 22 $1,661,185
Unknown 0 $0 0 $0 0 $0 0 $0
----------------------------------------------------------------------------------------------------------------------------
PAID OFF 87.54% $4,074,400 88.48% $60,409,240 0.00% $0 88.42% $64,483,640
----------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 7 $407,445 67 $5,747,700 0 $0 74 $6,155,145
30-59 1 $55,454 2 $164,736 0 $0 3 $220,190
60-89 0 $0 1 $94,837 0 $0 1 $94,837
90-119 0 $0 0 $0 0 $0 0 $0
120-179 0 $0 1 $133,937 0 $0 1 $133,937
180-269 1 $55,226 5 $303,731 0 $0 6 $358,957
270-359 0 $0 3 $210,747 0 $0 3 $210,747
360+ 0 $0 12 $907,440 0 $0 12 $907,440
REO 0 $0 1 $72,090 0 $0 1 $72,090
90+REO 1 $55,226 22 $1,627,945 - $0 $23 $1,683,171
----------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 0.46% $21,294 7.88% $5,376,689 0.00% $0 7.40% $5,397,983
Severity 13.68% 38.89% 0.00% 38.61%
----------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 1.13% $17,049 3.59% $460,947 0.00% $0 3.33% $477,996
B -0.29% ($4,963) 6.51% $656,113 0.00% $0 5.53% $651,150
C 0.00% $0 4.60% $439,787 0.00% $0 4.18% $439,787
C- 0.00% $0 9.14% $1,491,273 0.00% $0 9.10% $1,491,273
D 2.27% $9,209 11.95% $2,328,569 0.00% $0 11.76% $2,337,778
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
----------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: JULY 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1995-D
ARM/HYBRID LOANS
CHANNEL OF ORIGINATION
------------------------------------------------------------------------------------------------------------------------------
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 $519,614 96 $9,002,431 0 $0 102 $9,522,045
LTV/WAC 62.01% 12.25% 68.31% 12.82% 0.00% 0.00% 67.97% 12.79%
A/A- 0 $0 22 $2,164,655 0 $0 22 $2,164,655
B 3 $270,785 22 $2,278,575 0 $0 25 $2,549,360
C 1 $67,743 14 $1,249,530 0 $0 15 $1,317,273
C- 1 $88,854 15 $1,327,970 0 $0 16 $1,416,824
D 1 $92,232 23 $1,981,701 0 $0 24 $2,073,933
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------
PAID OFF 78.78% $1,977,200 87.53% $64,819,881 0.00% $0 87.24% $66,797,081
------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 5 $444,430 62 $5,726,338 0 $0 67 $6,170,768
30-59 0 $0 5 $462,968 0 $0 5 $462,968
60-89 0 $0 1 $57,028 0 $0 1 $57,028
90-119 0 $0 2 $170,386 0 $0 2 $170,386
120-179 1 $75,184 2 $103,514 0 $0 3 $178,698
180-269 0 $0 2 $80,238 0 $0 2 $80,238
270-359 0 $0 2 $149,965 0 $0 2 $149,965
360+ 0 $0 13 $1,297,620 0 $0 13 $1,297,620
REO 0 $0 7 $954,374 0 $0 7 $954,374
90+REO 1 $75,184 28 $2,756,097 - $0 $29 $2,831,281
------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 3.68% $92,348 5.89% $4,361,460 0.00% $0 5.82% $4,453,808
Severity 85.91% 38.97% 0.00% 39.42%
------------------------------------------------------------------------------------------------------------------------------
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 4.17% $487,955 0.00% $0 3.77% $487,955
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 9.74% $1,679,125 0.00% $0 9.87% $1,728,623
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: JULY 2000
<PAGE>
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1996-A
ARM/HYBRID LOANS
CHANNEL OF ORIGINATION
--------------------------------------------------------------------------------------------------------------------------
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 $376,147 139 $12,419,674 0 $0 145 $12,795,821
LTV/WAC 63.73% 12.26% 67.04% 13.11% 0.00% 0.00% 66.94% 13.09%
A/A- 3 $221,471 29 $3,051,105 0 $0 32 $3,272,576
B 0 $0 15 $1,398,208 0 $0 15 $1,398,208
C 2 $130,375 16 $1,194,231 0 $0 18 $1,324,606
C- 0 $0 19 $1,484,084 0 $0 19 $1,484,084
D 1 $24,301 60 $5,292,045 0 $0 61 $5,316,346
Unknown 0 $0 0 $0 0 $0 0 $0
--------------------------------------------------------------------------------------------------------------------------
PAID OFF 84.17% $2,071,400 87.19% $86,374,702 0.00% $0 87.12% $88,446,102
--------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 4 $313,477 90 $7,313,145 0 $0 94 $7,626,622
30-59 1 $34,041 5 $301,047 0 $0 6 $335,088
60-89 0 $0 2 $133,271 0 $0 2 $133,271
90-119 0 $0 1 $47,773 0 $0 1 $47,773
120-179 0 $0 3 $245,968 0 $0 3 $245,968
180-269 0 $0 2 $128,413 0 $0 2 $128,413
270-359 0 $0 3 $309,970 0 $0 3 $309,970
360+ 1 $28,629 28 $3,419,941 0 $0 29 $3,448,570
REO 0 $0 5 $520,146 0 $0 5 $520,146
90+REO 1 $28,629 42 $4,672,211 - $0 $43 $4,700,840
--------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 1.79% $43,936 5.49% $5,439,709 0.00% $0 5.40% $5,483,645
Severity 58.04% 41.17% 0.00% 41.27%
--------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.00% $0 3.34% $720,632 0.00% $0 3.20% $720,632
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- #DIV/0! $0 2.17% $318,018 0.00% $0 2.17% $318,018
D 2.03% $12,326 9.30% $3,162,776 0.00% $0 9.17% $3,175,102
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
--------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: JULY 2000
<PAGE>
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1996-B
ARM/HYBRID LOANS
CHANNELS OF ORIGINATION
-----------------------------------------------------------------------------------------------------------------------------
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 $278,976 281 $22,384,303 0 $0 286 $22,663,279
LTV/WAC 60.45% 12.45% 65.56% 13.12% 0.00% 0.00% 65.50% 13.11%
A/A- 0 $0 31 $2,970,648 0 $0 31 $2,970,648
B 0 $0 25 $2,590,182 0 $0 25 $2,590,182
C 2 $102,626 44 $3,439,204 0 $0 46 $3,541,831
C- 1 $58,139 39 $2,299,458 0 $0 40 $2,357,597
D 2 $118,211 142 $11,084,811 0 $0 144 $11,203,021
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------
PAID OFF 91.82% $3,194,100 87.14% $156,467,945 0.00% $0 87.23% $159,662,045
-----------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 3 $167,793 164 $12,784,195 0 $0 167 $12,951,988
30-59 0 $0 6 $360,013 0 $0 6 $360,013
60-89 0 $0 4 $403,794 0 $0 4 $403,794
90-119 0 $0 5 $216,909 0 $0 5 $216,909
120-179 0 $0 9 $716,575 0 $0 9 $716,575
180-269 0 $0 12 $890,995 0 $0 12 $890,995
270-359 0 $0 11 $870,889 0 $0 11 $870,889
360+ 2 $111,183 50 $4,010,211 0 $0 52 $4,121,394
REO 0 $0 20 $2,130,722 0 $0 20 $2,130,722
90+REO 2 $111,183 107 $8,836,301 - $0 $109 $8,947,484
-----------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 1.53% $53,281 4.55% $8,165,009 0.00% $0 4.49% $8,218,290
Severity 65.78% 41.58% 0.00% 41.68%
-----------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.00% $0 2.03% $667,796 0.00% $0 1.97% $667,796
B 0.00% $0 3.17% $792,886 0.00% $0 3.07% $792,886
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 #DIV/0! $0 0.00% $0 0.00% $0 0.00% $0
-----------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: JULY 2000
<PAGE>
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1996-C
ARM/HYBRID LOANS
CHANNEL OF ORIGINATION
-----------------------------------------------------------------------------------------------------------------------------------
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 $763,516 339 $29,120,266 273 $21,910,872 628 $51,794,654
LTV/WAC 62.92% 12.33% 67.90% 13.16% 71.16% 12.67% 69.21% 12.94%
A/A- 5 $257,963 64 $5,893,711 113 $10,627,117 182 $16,778,790
B 1 $115,637 49 $4,851,448 87 $7,227,900 137 $12,194,985
C 3 $111,723 43 $3,811,175 63 $3,480,104 109 $7,403,002
C- 3 $172,042 45 $3,462,141 2 $83,274 50 $3,717,457
D 4 $106,152 138 $11,101,792 8 $492,477 150 $11,700,421
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 85.60% $5,018,800 84.59% $163,435,160 85.27% $130,252,245 84.90% $298,706,205
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 12 $598,485 214 $17,831,503 179 $14,181,590 405 $32,611,578
30-59 1 $52,831 6 $432,458 9 $1,036,116 16 $1,521,405
60-89 0 $0 5 $440,398 7 $538,048 12 $978,446
90-119 1 $26,131 7 $556,514 5 $346,357 13 $929,002
120-179 0 $0 8 $674,841 10 $556,569 18 $1,231,410
180-269 1 $63,361 11 $866,623 5 $427,806 17 $1,357,790
270-359 0 $0 9 $835,634 9 $904,830 18 $1,740,464
360+ 1 $22,708 58 $5,674,738 28 $2,678,772 87 $8,376,218
REO 0 $0 21 $1,807,557 21 $1,240,785 42 $3,048,342
90+REO 3 $112,200 114 $10,415,907 78 $6,155,119 $195 $16,683,226
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 2.19% $128,299 5.12% $9,885,282 3.68% $5,627,138 4.45% $15,640,719
Severity 56.10% 44.65% 43.64% 44.35%
-----------------------------------------------------------------------------------------------------------------------------------
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 2.08% $953,057 2.10% $1,639,962
C 10.10% $91,754 2.66% $688,706 7.53% $2,267,026 5.35% $3,047,486
C- 0.00% $0 5.26% $1,424,576 16.15% $53,491 5.26% $1,478,067
D 0.00% $0 9.24% $6,060,881 8.67% $181,302 9.05% $6,242,183
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: JULY 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1996-D
ARM/HYBRID LOANS
CHANNEL OF ORIGINATION
------------------------------------------------------------------------------------------------------------------------------------
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 $1,071,946 396 $33,348,972 275 $21,574,703 685 $55,995,620
LTV/WAC 65.10% 12.52% 68.39% 13.12% 71.46% 12.85% 69.51% 13.00%
A/A- 2 $150,197 92 $8,754,155 102 $9,245,687 196 $18,150,039
B 3 $255,368 64 $6,456,086 86 $7,067,412 153 $13,778,867
C 4 $243,988 64 $5,139,611 40 $2,548,509 108 $7,932,109
C- 2 $75,721 40 $2,824,288 15 $901,302 57 $3,801,311
D 3 $346,671 136 $10,174,832 32 $1,811,792 171 $12,333,295
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 80.34% $4,463,400 84.05% $179,131,218 84.13% $118,753,570 84.02% $302,348,188
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 8 $524,833 230 $19,891,770 169 $12,703,671 407 $33,120,274
30-59 2 $233,595 20 $1,952,920 10 $752,647 32 $2,939,162
60-89 0 $0 8 $575,712 4 $359,267 12 $934,979
90-119 0 $0 8 $791,805 3 $127,151 11 $918,956
120-179 1 $43,091 11 $717,102 11 $825,639 23 $1,585,832
180-269 0 $0 15 $995,280 15 $814,287 30 $1,809,567
270-359 0 $0 10 $603,101 12 $1,320,345 22 $1,923,446
360+ 3 $270,426 58 $4,930,969 33 $3,459,703 94 $8,661,098
REO 0 $0 36 $2,890,313 18 $1,211,993 54 $4,102,306
90+REO 4 $313,517 138 $10,928,570 92 $7,759,118 $234 $19,001,205
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 1.35% $74,734 4.31% $9,195,634 3.00% $4,227,961 3.75% $13,498,329
Severity 44.48% 40.50% 47.49% 42.48%
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.00% $0 1.23% $728,688 1.35% $884,611 1.27% $1,613,299
B 1.58% $22,168 2.11% $935,096 3.13% $1,329,596 2.60% $2,286,860
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 2.13% $107,499 4.07% $974,189
D 0.00% $0 8.34% $4,886,426 6.44% $689,705 7.96% $5,576,131
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: JULY 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1997-1
ARM/HYBRID LOANS
CHANNEL OF ORIGINATION
-----------------------------------------------------------------------------------------------------------------------------------
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 29 $2,962,277 508 $45,471,596 368 $27,438,954 905 $75,872,827
LTV/WAC 71.02% 11.22% 71.25% 12.48% 72.37% 12.39% 71.65% 12.40%
A/A- 11 $1,420,792 156 $14,921,684 139 $11,359,265 306 $27,701,741
B 8 $916,285 141 $13,077,070 104 $8,766,375 253 $22,759,730
C 4 $311,882 77 $5,885,302 46 $2,963,377 127 $9,160,560
C- 0 $0 22 $2,233,170 20 $1,015,430 42 $3,248,600
D 6 $313,319 112 $9,354,371 59 $3,334,506 177 $13,002,195
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 72.99% $8,508,000 82.33% $218,526,615 80.23% $113,961,160 81.36% $340,995,775
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 23 $2,525,997 337 $28,612,733 233 $16,872,669 593 $48,011,399
30-59 0 $0 24 $1,803,929 12 $1,124,667 36 $2,928,596
60-89 0 $0 6 $530,167 13 $818,010 19 $1,348,177
90-119 0 $0 6 $552,856 12 $1,073,315 18 $1,626,171
120-179 1 $151,579 9 $1,165,410 6 $564,585 16 $1,881,574
180-269 0 $0 20 $2,125,113 13 $936,654 33 $3,061,767
270-359 0 $0 11 $936,749 11 $689,612 22 $1,626,361
360+ 5 $284,701 73 $7,469,133 41 $3,418,684 119 $11,172,518
REO 0 $0 22 $2,275,505 27 $1,940,758 49 $4,216,263
90+REO 6 $436,280 141 $14,524,766 110 $8,623,608 $257 $23,584,654
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 2.01% $234,541 3.42% $9,076,226 3.22% $4,579,123 3.31% $13,889,890
Severity 38.49% 41.86% 45.38% 42.89%
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.00% $0 2.09% $2,192,441 2.09% $1,409,817 2.03% $3,602,258
B 4.49% $174,483 3.05% $2,373,720 2.55% $1,046,208 2.93% $3,594,411
C 0.00% $0 3.90% $1,270,774 7.29% $1,154,081 4.85% $2,424,855
C- 0.00% $0 3.35% $415,633 3.44% $175,043 3.37% $590,676
D 6.26% $60,058 7.52% $2,823,658 6.32% $793,973 7.20% $3,677,689
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: JULY 2000
<PAGE>
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1997-B
ARM/HYBRID LOANS
CHANNEL OF ORIGINATION
--------------------------------------------------------------------------------------------------------------------------------
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 $2,649,552 459 $40,296,744 320 $25,532,798 811 $68,479,094
LTV/WAC 77.01% 12.00% 73.96% 12.56% 75.37% 12.11% 74.60% 12.37%
A/A- 12 $1,145,838 166 $17,614,223 135 $12,296,661 313 $31,056,721
B 11 $679,653 141 $12,177,564 97 $7,943,547 249 $20,800,764
C 6 $615,092 75 $5,009,621 38 $2,181,839 119 $7,806,552
C- 2 $176,676 16 $1,322,283 15 $854,156 33 $2,353,115
D 1 $32,293 61 $4,173,052 35 $2,256,596 97 $6,461,941
Unknown 0 $0 0 $0 0 $0 0 $0
--------------------------------------------------------------------------------------------------------------------------------
PAID OFF 71.26% $6,786,300 80.15% $166,163,303 71.97% $67,053,572 77.42% $240,003,175
--------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 27 $2,193,274 361 $31,749,042 229 $19,229,745 617 $53,172,061
30-59 1 $39,633 8 $549,340 13 $748,848 22 $1,337,821
60-89 1 $55,372 1 $90,173 10 $699,937 12 $845,482
90-119 0 $0 4 $195,540 3 $468,171 7 $663,711
120-179 1 $95,769 11 $1,248,275 8 $456,277 20 $1,800,321
180-269 0 $0 18 $1,411,997 9 $637,902 27 $2,049,899
270-359 1 $32,293 5 $575,643 5 $399,279 11 $1,007,215
360+ 1 $233,211 30 $2,450,191 27 $2,076,671 58 $4,760,073
REO 0 $0 21 $2,026,542 16 $815,969 37 $2,842,511
90+REO 3 $361,273 89 $7,908,188 68 $4,854,269 $160 $13,123,730
--------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 0.97% $92,209 2.15% $4,447,715 2.80% $2,605,000 2.30% $7,144,924
Severity 48.97% 39.40% 44.31% 41.17%
--------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.91% $47,344 0.85% $854,657 1.56% $700,429 1.07% $1,602,430
B 0.00% $0 2.92% $1,688,544 3.01% $810,374 2.86% $2,498,918
C 0.00% $0 3.12% $744,405 4.52% $399,046 3.39% $1,143,451
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
--------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: JULY 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1997-C
ARM/HYBRID LOANS
CHANNEL OF ORIGINATION
------------------------------------------------------------------------------------------------------------------------------------
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 27 $2,448,566 326 $28,498,397 882 $72,890,421 1235 $103,837,384
LTV/WAC 76.54% 11.93% 74.65% 12.96% 75.91% 10.74% 75.58% 11.37%
A/A- 10 $808,722 131 $12,196,524 521 $48,012,900 662 $61,018,145
B 11 $1,340,879 88 $9,032,275 220 $15,894,824 319 $26,267,978
C 3 $171,962 38 $2,493,530 71 $3,951,043 112 $6,616,535
C- 2 $110,796 8 $638,744 23 $1,763,297 33 $2,512,837
D 1 $16,207 61 $4,137,324 47 $3,268,357 109 $7,421,888
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 79.75% $9,896,400 73.69% $81,273,044 63.24% $128,465,834 67.40% $219,635,278
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 22 $1,871,941 231 $20,863,295 721 $60,433,817 974 $83,169,053
30-59 1 $280,180 7 $628,604 19 $1,356,467 27 $2,265,251
60-89 0 $0 2 $181,839 14 $938,182 16 $1,120,021
90-119 0 $0 4 $210,516 8 $960,625 12 $1,171,141
120-179 0 $0 9 $648,899 11 $839,295 20 $1,488,194
180-269 1 $124,638 5 $361,423 25 $2,216,755 31 $2,702,816
270-359 1 $84,567 11 $1,277,528 18 $1,502,931 30 $2,865,026
360+ 2 $87,240 30 $2,260,167 34 $2,768,272 66 $5,115,679
REO 0 $0 27 $2,066,126 32 $1,874,075 59 $3,940,201
90+REO 4 $296,445 86 $6,824,659 128 $10,161,953 $218 $17,283,057
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 0.18% $22,470 4.14% $4,564,905 2.87% $5,833,294 3.20% $10,420,669
Severity 8.50% 47.15% 45.05% 45.52%
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- -0.09% ($5,745) 3.22% $1,729,184 1.87% $2,386,501 2.18% $4,109,940
B 0.68% $28,215 3.81% $1,140,741 3.50% $1,551,483 3.47% $2,720,439
C 0.00% $0 6.85% $648,865 5.22% $753,107 5.66% $1,401,972
C- 0.00% $0 1.78% $49,203 3.52% $196,837 2.80% $246,040
D 0.00% $0 6.92% $996,912 8.70% $945,366 7.57% $1,942,278
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: JULY 2000
<PAGE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1997-D
ARM/HYBRID LOANS
CHANNEL OF ORIGINATION
------------------------------------------------------------------------------------------------------------------------------------
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 64 $5,952,964 325 $30,392,006 1259 $105,653,908 1648 $141,998,878
LTV/WAC 76.98% 11.58% 78.86% 12.74% 76.44% 10.41% 76.98% 10.96%
A/A- 35 $3,558,832 156 $16,210,254 756 $70,985,901 947 $90,754,987
B 20 $1,682,700 96 $8,571,894 314 $22,994,195 430 $33,248,789
C 4 $233,579 29 $2,549,360 90 $5,820,840 123 $8,603,779
C- 5 $477,854 2 $262,358 23 $1,235,113 30 $1,975,325
D 0 $0 42 $2,798,140 76 $4,617,858 118 $7,415,997
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 68.74% $13,487,400 74.55% $88,988,761 55.68% $135,686,230 62.24% $238,162,391
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 45 $4,184,085 240 $22,623,968 1024 $85,801,972 1309 $112,610,025
30-59 1 $94,365 7 $600,069 31 $2,829,011 39 $3,523,445
60-89 0 $0 7 $644,574 14 $1,245,862 21 $1,890,436
90-119 1 $33,075 3 $240,915 13 $1,329,748 17 $1,603,738
120-179 2 $171,217 4 $338,115 28 $2,500,292 34 $3,009,624
180-269 0 $0 6 $740,135 26 $1,663,588 32 $2,403,723
270-359 3 $273,365 6 $532,578 22 $1,535,830 31 $2,341,773
360+ 6 $671,442 21 $2,178,710 64 $6,269,811 91 $9,119,963
REO 6 $525,415 31 $2,492,942 37 $2,477,794 74 $5,496,151
90+REO 18 $1,674,514 71 $6,523,395 190 $15,777,063 $279 $23,974,972
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 1.74% $341,814 3.30% $3,941,743 2.16% $5,267,266 2.50% $9,550,823
Severity 52.39% 43.97% 42.14% 43.18%
------------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 1.43% $183,318 2.33% $1,726,973 1.39% $2,128,068 1.68% $4,038,359
B 1.48% $59,587 4.30% $1,041,812 2.59% $1,485,029 3.02% $2,586,428
C 0.00% $0 3.19% $249,969 4.15% $685,694 3.70% $935,663
C- 5.01% $54,631 5.19% $89,796 6.15% $257,151 5.74% $401,578
D 6.43% $44,278 7.20% $833,193 5.89% $711,325 6.52% $1,588,796
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: JULY 2000
<PAGE>
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1998-A
ARM/HYBRID LOANS
CHANNEL OF ORIGINATION
-----------------------------------------------------------------------------------------------------------------------------------
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 31 $3,119,761 197 $18,339,962 492 $40,264,393 720 $61,724,116
LTV/WAC 77.70% 11.76% 77.63% 12.56% 77.41% 11.41% 77.49% 11.77%
A/A- 19 $2,031,642 86 $8,805,532 255 $24,430,145 360 $35,267,318
B 8 $730,062 57 $5,466,115 144 $10,023,845 209 $16,220,022
C 0 $0 12 $1,094,226 44 $2,527,573 56 $3,621,799
C- 1 $176,736 4 $377,628 14 $998,754 19 $1,553,118
D 3 $181,322 38 $2,596,462 35 $2,284,075 76 $5,061,859
Unknown 0 $0 0 $0 0 $0 0 $0
-----------------------------------------------------------------------------------------------------------------------------------
PAID OFF 68.24% $7,380,200 64.96% $34,507,649 52.62% $45,544,000 58.10% $87,431,849
-----------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 23 $2,330,472 115 $11,555,842 384 $31,370,183 522 $45,256,497
30-59 2 $105,258 6 $595,475 19 $1,781,471 27 $2,482,204
60-89 0 $0 7 $1,105,769 6 $479,584 13 $1,585,353
90-119 0 $0 4 $331,224 9 $693,838 13 $1,025,062
120-179 2 $310,077 5 $616,840 10 $648,583 17 $1,575,500
180-269 2 $211,772 6 $521,309 12 $1,340,821 20 $2,073,902
270-359 0 $0 3 $240,181 8 $657,643 11 $897,824
360+ 2 $162,182 27 $2,151,734 27 $2,118,001 56 $4,431,917
REO 0 $0 24 $1,221,587 17 $1,174,269 41 $2,395,856
90+REO 6 $684,031 69 $5,082,875 83 $6,633,155 $158 $12,400,061
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 0.68% $73,040 5.65% $2,998,801 1.78% $1,544,637 3.07% $4,616,478
Severity 23.38% 53.16% 42.66% 48.22%
-----------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.94% $65,036 5.96% $1,746,897 1.06% $536,004 2.70% $2,347,937
B 0.26% $8,004 3.07% $424,890 2.26% $511,157 2.39% $944,051
C 0.00% $0 11.73% $419,760 3.55% $215,558 6.55% $635,318
C- 0.00% $0 13.35% $84,032 1.37% $27,313 3.50% $111,345
D 0.00% $0 5.64% $323,221 4.94% $254,605 5.18% $577,826
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: JULY 2000
<PAGE>
<TABLE>
<CAPTION>
---------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1998-B
ARM/HYBRID LOANS
CHANNEL OF ORIGINATION
---------------------------------------------------------------------------------------------------------------------------------
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 97 $8,725,455 486 $54,072,663 1319 $109,565,308 1902 $172,363,426
LTV/WAC 78.00% 12.06% 80.34% 12.11% 78.14% 11.60% 78.82% 11.79%
A/A- 48 $4,532,189 285 $34,202,086 660 $63,386,018 993 $102,120,294
B 29 $2,733,365 109 $12,315,803 428 $32,634,854 566 $47,684,022
C 11 $900,620 35 $2,698,336 119 $6,549,390 165 $10,148,346
C- 4 $280,446 4 $360,701 28 $1,562,271 36 $2,203,418
D 5 $278,834 53 $4,495,737 84 $5,432,774 142 $10,207,345
Unknown 0 $0 0 $0 0 $0 0 $0
---------------------------------------------------------------------------------------------------------------------------------
PAID OFF 58.37% $12,082,300 57.18% $73,302,748 50.59% $114,106,650 53.27% $199,491,698
---------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 77 $7,016,515 353 $40,103,792 1048 $88,455,636 1478 $135,575,943
30-59 9 $568,068 14 $1,532,284 49 $4,075,252 72 $6,175,604
60-89 1 $46,414 13 $1,401,235 15 $904,407 29 $2,352,056
90-119 2 $152,409 6 $606,702 11 $1,025,408 19 $1,784,519
120-179 0 $0 19 $1,988,918 25 $1,886,724 44 $3,875,642
180-269 1 $91,997 13 $1,205,583 34 $2,623,655 48 $3,921,235
270-359 2 $336,833 10 $1,418,642 24 $2,078,310 36 $3,833,785
360+ 4 $472,965 29 $3,136,504 54 $4,489,341 87 $8,098,810
REO 1 $40,254 29 $2,679,002 59 $4,026,575 89 $6,745,831
90+REO 10 $1,094,458 106 $11,035,351 207 $16,130,013 $323 $28,259,822
---------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE
% to Original Pool Balance 0.86% $178,030 2.91% $3,727,485 2.11% $4,758,129 2.31% $8,663,644
Severity 35.44% 44.20% 42.45% 43.01%
---------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.65% $72,583 2.35% $1,967,655 1.36% $1,777,358 1.69% $3,817,596
B 0.12% $7,406 2.64% $663,232 2.61% $1,663,373 2.46% $2,334,011
C 2.13% $43,141 4.16% $297,293 4.92% $689,880 4.44% $1,030,314
C- 0.00% $0 0.00% $0 0.81% $35,391 0.59% $35,391
D 6.89% $54,899 7.21% $799,305 4.62% $592,128 5.86% $1,446,332
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
AS OF: JULY 2000
<PAGE>
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------------------------------------------------
COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1998-C
ARM/HYBRID LOANS
CHANNEL OF ORIGINATION
--------------------------------------------------------------------------------------------------------------------------------
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 94 $10,270,828 359 $42,154,280 1100 $97,745,290 1553 $150,170,399
LTV/WAC 79.83% 10.64% 81.33% 10.87% 79.25% 10.16% 79.87% 10.39%
A/A- 55 $7,027,620 228 $29,408,982 627 $63,721,847 910 $100,158,449
B 28 $2,519,797 85 $8,772,784 324 $25,131,469 437 $36,424,051
C 6 $385,238 17 $1,268,414 65 $4,013,963 88 $5,667,615
C- 1 $36,631 1 $52,114 20 $1,384,781 22 $1,473,526
D 4 $301,542 28 $2,651,986 64 $3,493,230 96 $6,446,759
Unknown 0 $0 0 $0 0 $0 0 $0
--------------------------------------------------------------------------------------------------------------------------------
PAID OFF 50.60% $10,692,600 44.15% $33,815,115 38.81% $62,819,025 41.34% $107,326,740
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DELINQUENCY STATUS
CURRENT 73 $7,489,416 307 $36,657,145 933 $83,996,040 1313 $128,142,601
30-59 4 $317,300 7 $648,081 26 $2,753,251 37 $3,718,632
60-89 1 $81,839 4 $508,800 10 $843,254 15 $1,433,893
90-119 1 $75,191 4 $429,625 18 $1,430,224 23 $1,935,040
120-179 2 $198,061 7 $874,248 17 $1,692,697 26 $2,765,006
180-269 4 $491,071 10 $880,389 20 $1,454,857 34 $2,826,317
270-359 3 $570,097 5 $409,094 18 $1,386,133 26 $2,365,324
360+ 4 $749,624 7 $1,109,350 34 $2,488,648 45 $4,347,622
REO 2 $298,231 8 $637,549 24 $1,700,186 34 $2,635,966
90+REO 16 $2,382,275 41 $4,340,255 131 $10,152,745 $188 $16,875,275
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LOSS TO DATE
% to Original Pool Balance 0.80% $169,780 1.05% $806,966 1.35% $2,177,749 1.22% $3,154,495
Severity 39.36% 31.95% 36.92% 35.62%
--------------------------------------------------------------------------------------------------------------------------------
LOSS TO DATE BY GRADE
A/A- 0.28% $41,779 0.41% $200,280 0.87% $879,997 0.68% $1,122,056
B 1.63% $80,301 1.89% $311,380 1.57% $687,585 1.65% $1,079,266
C 5.21% $47,700 1.61% $64,235 2.71% $220,718 2.55% $332,653
C- 0.00% $0 0.00% $0 2.17% $54,052 1.79% $54,052
D 0.00% $0 3.46% $231,071 5.21% $335,398 4.19% $566,469
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
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</TABLE>
AS OF: JULY 2000
<PAGE>
<TABLE>
<CAPTION>
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COLLATERAL PERFORMANCE BY
ORIGINATION CHANNEL/CREDIT GRADE
AAMES MORTGAGE TRUST, SERIES 1999-1
ARM/HYBRID LOANS
CHANNEL OF ORIGINATION
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RETAIL CORRESPONDENT BROKER TOTAL
Category # $ # $ # $ # $
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
ORIGINAL POOL 104 $10,782,850 61 $5,969,315 2046 $185,142,838 2211 $201,895,003
LTV/WAC 77.65% 9.94% 75.93% 10.81% 76.40% 10.41% 76.45% 10.39%
A/A- 54 $6,662,000 23 $2,644,940 867 $95,227,223 944 $104,534,163
B 27 $2,407,650 10 $1,278,050 561 $48,493,613 598 $52,179,313
C 8 $599,600 5 $329,400 219 $14,666,437 232 $15,595,437
C- 1 $79,800 1 $60,200 77 $4,591,855 79 $4,731,855
D 14 $1,033,800 22 $1,656,725 322 $22,163,710 358 $24,854,235
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
REMAINING POOL 76 $8,144,749 47 $4,154,324 1695 $150,718,372 1818 $163,017,445
LTV/WAC 77.61% 10.26% 76.31% 10.92% 76.79% 10.37% 76.82% 10.38%
A/A- 40 $5,123,486 17 $1,560,574 750 $80,161,351 807 $86,845,410
B 20 $1,779,762 9 $1,140,578 473 $39,593,103 502 $42,513,443
C 7 $570,566 4 $237,764 167 $10,972,475 178 $11,780,805
C- 0 $0 1 $59,795 56 $2,961,662 57 $3,021,457
D 9 $670,935 16 $1,155,613 249 $17,029,781 274 $18,856,330
Unknown 0 $0 0 $0 0 $0 0 $0
------------------------------------------------------------------------------------------------------------------------------------
PAID OFF 23.62% $2,546,700 29.45% $1,757,950 17.99% $33,298,938 18.63% $37,603,588
------------------------------------------------------------------------------------------------------------------------------------
DELINQUENCY STATUS
CURRENT 66 $7,359,495 43 $3,961,287 1408 $127,986,819 1517 $139,307,601
30-59 2 $107,737 0 $0 62 $4,984,680 64 $5,092,417
60-89 0 $0 0 $0 26 $1,917,409 26 $1,917,409
90-119 2 $136,809 0 $0 22 $1,883,893 24 $2,020,702
120-179 4 $293,466 0 $0 45 $4,218,533 49 $4,511,999
180-269 2 $247,242 2 $123,892 45 $3,511,673 49 $3,882,807
270-359 0 $0 1 $42,176 46 $2,958,616 47 $3,000,792
360+ 0 $0 0 $0 18 $1,389,238 18 $1,389,238
REO 0 $0 1 $26,970 23 $1,867,512 24 $1,894,482
90+REO 8 $677,517 4 $193,038 199 $15,829,465 $211 $16,700,020
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LOSS TO DATE
% to Original Pool Balance 0.24% $25,375 0.26% $15,411 0.36% $666,139 0.35% $706,925
Severity 0.00% 27.25% 35.22% 35.87%
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LOSS TO DATE BY GRADE
A/A- 0.00% $0 0.00% $0 0.20% $190,374 0.18% $190,374
B 0.00% $0 0.00% $0 0.10% $50,071 0.10% $50,071
C 4.23% $25,375 0.00% $0 0.83% $121,108 0.94% $146,483
C- 0.00% $0 0.00% $0 0.43% $19,956 0.42% $19,956
D 0.00% $0 0.93% $15,411 1.28% $284,629 1.21% $300,040
Unknown 0.00% $0 0.00% $0 0.00% $0 0.00% $0
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</TABLE>
AS OF: JULY 2000
