Aames 2000-2
Mortgage Pass-Through Certificates
Prepayment Report forJune 25, 2001 Distribution
Prepayment Report - Voluntary Prepayments |
VOLUNTARY PREPAYMENTS | ADJUSTABLE 2 | ADJUSTABLE 1 | FIXED | TOTAL | ||||
Current | ||||||||
Number of Paid in Full Loans | 8 | 24 | 29 | 61 | ||||
Number of Repurchased Loans | - | - | - | - | ||||
Total Number of Loans Prepaid in Full | 8 | 24 | 29 | 61 | ||||
Paid in Full Balance | 1,306,107.67 | 3,101,402.09 | 2,196,487.40 | 6,603,997.16 | ||||
Repurchased Loans Balance | - | - | - | - | ||||
Curtailments Amount | 2,274.51 | 354,818.55 | 7,907.35 | 365,000.41 | ||||
Total Prepayment Amount | 1,308,382.18 | 3,456,220.64 | 2,204,394.75 | 6,968,997.57 | ||||
Cumulative | ||||||||
Number of Paid in Full Loans | 25 | 111 | 110 | 246 | ||||
Number of Repurchased Loans | - | - | - | - | ||||
Total Number of Loans Prepaid in Full | 25 | 111 | 110 | 246 | ||||
Paid in Full Balance | 5,741,571.17 | 11,939,417.70 | 8,540,632.79 | 26,221,621.66 | ||||
Repurchased Loans Balance | - | - | - | - | ||||
Curtailments Amount | 9,724.35 | 402,696.11 | 59,656.34 | 472,076.80 | ||||
Total Prepayment Amount | 5,751,295.52 | 12,342,113.81 | 8,600,289.13 | 26,693,698.46 | ||||
SPACE INTENTIONALLY LEFT BLANK | ||||||||
Total Prepayments by Groups (in thousands of dollars)
Total Prepayments (in thousands of dollars)
Page 18 of 27 | © COPYRIGHT 2001 Deutsche Bank |
Aames 2000-2
Mortgage Pass-Through Certificates
Prepayment Report forJune 25, 2001 Distribution
Prepayment Report - Voluntary Prepayments |
VOLUNTARY PREPAYMENT RATES | ADJUSTABLE 2 | ADJUSTABLE 1 | FIXED | TOTAL | ||||
SMM | 2.34% | 1.36% | 1.57% | 1.55% | ||||
3 Months Avg SMM | 2.67% | 1.14% | 1.18% | 1.35% | ||||
12 Months Avg SMM | ||||||||
Avg SMM Since Cut-off | 1.65% | 0.80% | 1.00% | 0.97% | ||||
CPR | 24.75% | 15.15% | 17.30% | 17.07% | ||||
3 Months Avg CPR | 27.76% | 12.83% | 13.32% | 15.01% | ||||
12 Months Avg CPR | ||||||||
Avg CPR Since Cut-off | 18.15% | 9.16% | 11.36% | 11.02% | ||||
PSA | 1652.76% | 1028.31% | 1211.19% | 1167.04% | ||||
3 Months Avg PSA Approximation | 2140.35% | 1007.13% | 1084.49% | 1189.02% | ||||
12 Months Avg PSA Approximation | ||||||||
Avg PSA Since Cut-off Approximation | 1824.35% | 939.57% | 1223.06% | 1144.81% | ||||
CPR by Groups
Total CPR
PSA by Groups
Total PSA
Page 19 of 27 | © COPYRIGHT 2001 Deutsche Bank |
Aames 2000-2
Mortgage Pass-Through Certificates
Prepayment Report forJune 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 27 | © COPYRIGHT 2001 Deutsche Bank |