Aames 2000-2
Mortgage Pass-Through Certificates
Prepayment Report forJanuary 25, 2001 Distribution
Prepayment Report - Voluntary Prepayments |
VOLUNTARY PREPAYMENTS | ADJUSTABLE 2 | ADJUSTABLE 1 | FIXED | TOTAL | ||||
Current | ||||||||
Number of Paid in Full Loans | 2 | 8 | 9 | 19 | ||||
Number of Repurchased Loans | - | - | - | - | ||||
Total Number of Loans Prepaid in Full | 2 | 8 | 9 | 19 | ||||
Paid in Full Balance | 496,192.82 | 952,346.27 | 847,920.98 | 2,296,460.07 | ||||
Repurchased Loans Balance | - | - | - | - | ||||
Curtailments Amount | - | - | - | - | ||||
Total Prepayment Amount | 496,192.82 | 952,346.27 | 847,920.98 | 2,296,460.07 | ||||
Cumulative | ||||||||
Number of Paid in Full Loans | 2 | 8 | 9 | 19 | ||||
Number of Repurchased Loans | - | - | - | - | ||||
Total Number of Loans Prepaid in Full | 2 | 8 | 9 | 19 | ||||
Paid in Full Balance | 496,192.82 | 952,346.27 | 847,920.98 | 2,296,460.07 | ||||
Repurchased Loans Balance | - | - | - | - | ||||
Curtailments Amount | - | - | - | - | ||||
Total Prepayment Amount | 496,192.82 | 952,346.27 | 847,920.98 | 2,296,460.07 | ||||
SPACE INTENTIONALLY LEFT BLANK | ||||||||
Total Prepayments by Groups (in thousands of dollars)
Total Prepayments (in thousands of dollars)
Page 18 of 26 | © COPYRIGHT 2001 Deutsche Bank |
Aames 2000-2
Mortgage Pass-Through Certificates
Prepayment Report forJanuary 25, 2001 Distribution
Prepayment Report - Voluntary Prepayments |
VOLUNTARY PREPAYMENT RATES | ADJUSTABLE 2 | ADJUSTABLE 1 | FIXED | TOTAL | ||||
SMM | 0.82% | 0.36% | 0.58% | 0.49% | ||||
3 Months Avg SMM | ||||||||
12 Months Avg SMM | ||||||||
Avg SMM Since Cut-off | 0.82% | 0.36% | 0.58% | 0.49% | ||||
CPR | 9.42% | 4.25% | 6.70% | 5.69% | ||||
3 Months Avg CPR | ||||||||
12 Months Avg CPR | ||||||||
Avg CPR Since Cut-off | 9.42% | 4.25% | 6.70% | 5.69% | ||||
PSA | 1914.70% | 892.92% | 1556.12% | 1227.60% | ||||
3 Months Avg PSA Approximation | ||||||||
12 Months Avg PSA Approximation | ||||||||
Avg PSA Since Cut-off Approximation | 1914.70% | 892.92% | 1556.12% | 1227.60% | ||||
CPR by Groups
Total CPR
PSA by Groups
Total PSA
Page 19 of 26 | © COPYRIGHT 2001 Deutsche Bank |
Aames 2000-2
Mortgage Pass-Through Certificates
Prepayment Report forJanuary 25, 2001 Distribution
Prepayment Report - Voluntary Prepayments |
CPR Avg since Cut-Off by Groups
Total CPR Avg since Cut-Off
PSA Avg since Cut-Off by Groups
Total PSA since Cut-Off
PREPAYMENT CALCULATION METHODOLOGY | ||||||||
Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases)/(Beg Principal Balance - Sched Principal) | ||||||||
Conditional Prepayment Rate (CPR): 1-((1-SMM)/\12) | ||||||||
PSA Standard Prepayment Model: CPR/(0.02*min(30,WAS)) | ||||||||
Average SMM over period between nth month and mth month (AvgSMMn,m): [(1-SMMn) * (1-SMMn+1) *.....*(1-SMMm)]/\(1/months in period n,m) | ||||||||
Average CPR over period between the nth month and mth month (AvgCPRn,m): 1-((1-AvgSMMn,m)/\12) | ||||||||
Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.02*Avg WASn,m)) | ||||||||
Average WASn,m: (min(30,WASn)+min(30,WASn+1)+......+min(30,WASm)/(number of months in the period n,m) | ||||||||
Weighted Average Seasoning (WAS) | ||||||||
Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments and repurchases. | ||||||||
Dates correspond to distribution dates. | ||||||||
Page 20 of 26 | © COPYRIGHT 2001 Deutsche Bank |