Aames Capital 8-K Current report

Aames 2000-2

Mortgage Pass-Through Certificates

Collection Account Report for May 25, 2001 Distribution

Collection Account Report

SUMMARY		ADJUSTABLE 2	ADJUSTABLE 1	FIXED	TOTAL
	Principal Collections	1,303,909.13	3,187,308.68	1,568,503.02	6,059,720.83
	Principal Withdrawals	0.00	0.00	0.00	0.00
	Principal Other Accounts	0.00	0.00	0.00	0.00
	TOTAL NET PRINCIPAL	1,303,909.13	3,187,308.68	1,568,503.02	6,059,720.83
	Interest Collections	495,979.18	2,267,545.59	1,273,417.02	4,036,941.78
	Interest Withdrawals	0.00	0.00	0.00	0.00
	Interest Other Accounts	0.00	0.00	0.00	0.00
	Interest Fees	(24,171.77)	(122,519.00)	(46,639.93)	(193,330.69)
	TOTAL NET INTEREST	471,807.41	2,145,026.59	1,226,777.09	3,843,611.09
	TOTAL AVAILABLE FUNDS TO BONDHOLDERS	1,775,716.54	5,332,335.27	2,795,280.11	9,903,331.92
	Capitalized Interest	0.00	0.00	0.00	0.00
	TOTAL REMITANCE DUE FROM SERVICER	1,795,625.29	5,438,858.22	2,832,428.85	10,066,912.35
PRINCIPAL - COLLECTIONS		ADJUSTABLE 2	ADJUSTABLE 1	FIXED	TOTAL
	Scheduled Principal	26,090.15	98,876.51	92,374.26	217,340.92
	Curtailments	395.42	12,429.23	12,648.33	25,472.98
	Prepayments in Full	1,277,423.56	3,076,002.94	1,463,480.43	5,816,906.93
	Repurchases/Substitutions	0.00	0.00	0.00	0.00
	Liquidations	0.00	0.00	0.00	0.00
	Insurance Principal	0.00	0.00	0.00	0.00
	Other Additional Principal	0.00	0.00	0.00	0.00
	Delinquent Principal	0.00	0.00	0.00	0.00
	Realized Losses	0.00	0.00	0.00	0.00
	Mortgage Replacement Amount	0.00	0.00	0.00	0.00
	TOTAL PRINCIPAL COLLECTED	1,303,909.13	3,187,308.68	1,568,503.02	6,059,720.83

Page 6 of 27 © COPYRIGHT 2001 Deutsche Bank

Aames 2000-2

Mortgage Pass-Through Certificates

Collection Account Report for May 25, 2001 Distribution

Collection Account Report

PRINCIPAL - WITHDRAWALS		ADJUSTABLE 2	ADJUSTABLE 1	FIXED	TOTAL
SPACE INTENTIONALLY LEFT BLANK
PRINCIPAL - OTHER ACCOUNTS		ADJUSTABLE 2	ADJUSTABLE 1	FIXED	TOTAL
	Prefunded Release Amount	0.00	0.00	0.00	0.00
	TOTAL OTHER ACCOUNTS PRINCIPAL	0.00	0.00	0.00	0.00
INTEREST - COLLECTIONS		ADJUSTABLE 2	ADJUSTABLE 1	FIXED	TOTAL
	Scheduled Interest	485,531.97	2,286,540.82	1,288,703.13	4,060,775.92
	Repurchases/Substitutions	0.00	0.00	0.00	0.00
	Liquidations	0.00	0.00	0.00	0.00
	Insurance Interest	0.00	0.00	0.00	0.00
	Other Additional Interest	0.00	0.00	0.00	0.00
	Prepayment Interest Shortfalls	(6,287.77)	(12,605.76)	(7,245.65)	(26,139.18)
	Delinquent Interest	(401,613.03)	(1,951,506.67)	(1,086,952.46)	(3,440,072.16)
	Realized Losses	0.00	0.00	0.00	0.00
	Compensating Interest	6,287.77	12,605.76	7,245.65	26,139.18
	Other Interest Shortfall (Relief Act)	0.00	0.00	0.00	0.00
	Interest Advanced	382,039.65	1,860,222.64	1,037,273.26	3,279,535.55
	Closing Date Deposits	0.00	0.00	0.00	0.00
	Insurer Interest to Cover PPIS	0.00	0.00	0.00	0.00
	Prepayment Penalties	30,020.59	72,288.80	34,393.09	136,702.47
	Gain on Liquidation	0.00	0.00	0.00	0.00
	TOTAL INTEREST COLLECTED	495,979.18	2,267,545.59	1,273,417.02	4,036,941.78

Page 7 of 27 © COPYRIGHT 2001 Deutsche Bank

Aames 2000-2

Mortgage Pass-Through Certificates

Collection Account Report for May 25, 2001 Distribution

Collection Account Report

INTEREST - WITHDRAWALS		ADJUSTABLE 2	ADJUSTABLE 1	FIXED	TOTAL
	Unpaid Servicing Fees	0.00	0.00	0.00	0.00
	Advances Reimbursed	0.00	0.00	0.00	0.00
	TOTAL INTEREST WITHDRAWLS	0.00	0.00	0.00	0.00
INTEREST - OTHER ACCOUNTS		ADJUSTABLE 2	ADJUSTABLE 1	FIXED	TOTAL
	Capitialized Interest Requirement	0.00	0.00	0.00	0.00
	TOTAL OTHER ACCOUNT INTEREST	0.00	0.00	0.00	0.00
INTEREST - FEES		ADJUSTABLE 2	ADJUSTABLE 1	FIXED	TOTAL
	Current Servicing Fees	4,263.02	15,996.05	9,491.19	29,750.26
	Trustee Fees	357.55	1,609.20	887.56	2,854.31
	PMI	8,692.52	56,114.12	9,308.96	74,115.59
	TOTAL INTEREST OTHER FEES	24,171.77	122,519.00	46,639.93	193,330.69

Page 8 of 27 © COPYRIGHT 2001 Deutsche Bank