Aames Capital 8-K Financial statements and exhibits

Aames 2001-3

Mortgage Pass-Through Certificates

Series 2001-3

Collateral Report for November 26, 2001 Distribution

Collateral Report
COLLATERAL					GROUP 2			GROUP 1			TOTAL
		Loan Count:
	Original		57			1971			2028
	Prior		57			1,969			2,026
	Prefunding		-			-			-
	Scheduled Paid Offs		-			-			-
	Full Voluntary Prepayments		-			(8)			(8)
	Repurchases		-			-			-
	Liquidations		-			-			-
	Current		57			1,961			2,018
	Principal Balance:
	Original		18,927,869.30			156,080,445.17			175,008,314.47
	Prior		18,915,848.51			155,812,365.64			174,728,214.15
	Prefunding		-			-			-
	Scheduled Principal		(10,564.86)			(108,198.58)			(118,763.44)
	Partial and Full Voluntary Prepayments		-			(940,693.38)			(940,693.38)
	Repurchases		-			-			-
	Liquidations		-			-			-
	Current		18,905,283.65			154,763,473.68			173,668,757.33
PREFUNDING				GROUP 2			GROUP 1			TOTAL
SPACE INTENTIONALLY LEFT BLANK

Current Prin Balance by Groups (in millions of dollars)

Total Current Principal Balance (in millions of dollars)

Page 12 of 27 © COPYRIGHT 2001 Deutsche Bank

Aames 2001-3

Mortgage Pass-Through Certificates

Series 2001-3

Collateral Report for November 26, 2001 Distribution

Collateral Report
CHARACTERISTIS		GROUP 2	GROUP 1	TOTAL
	Weighted Average Coupon Original	9.193687%	10.003105%	9.915564%
	Weighted Average Coupon Prior	9.193687%	10.003105%	9.915564%
	Weighted Average Coupon Current	9.193726%	10.003742%	9.916051%
	Weighted Average Months to Maturity Original	354	332	334
	Weighted Average Months to Maturity Prior	354	332	334
	Weighted Average Months to Maturity Current	353	331	333
	Weighted Avg Remaining Amortization Term Original	354	331	334
	Weighted Avg Remaining Amortization Term Prior	354	331	334
	Weighted Avg Remaining Amortization Term Current	353	330	333
	Weighted Average Seasoning Original	2.48	2.31	2.33
	Weighted Average Seasoning Prior	2.48	2.31	2.33
	Weighted Average Seasoning Current	3.48	3.31	3.32
Note: Original information refers to deal issue.

WAC by Groups

Total WAC

WARAT by Groups

Total WARAT

Note: Dates correspond to distribution dates.

Page 13 of 27 © COPYRIGHT 2001 Deutsche Bank

Aames 2001-3

Mortgage Pass-Through Certificates

Series 2001-3

Collateral Report for November 26, 2001 Distribution

Collateral Report
ARM CHARACTERISTICS		GROUP 2	GROUP 1	TOTAL
	Weighted Average Margin Original	0.182%	0.146%
	Weighted Average Margin Prior	0.182%	0.146%
	Weighted Average Margin Current	0.182%	0.146%
	Weighted Average Max Rate Original	0.429%	0.369%
	Weighted Average Max Rate Prior	0.429%	0.369%
	Weighted Average Max Rate Current	0.429%	0.370%
	Weighted Average Min Rate Original	0.271%	0.239%
	Weighted Average Min Rate Prior	0.271%	0.239%
	Weighted Average Min Rate Current	0.271%	0.240%
	Weighted Average Cap Up Original	0.079%	0.066%
	Weighted Average Cap Up Prior	0.079%	0.066%
	Weighted Average Cap Up Current	0.026%	0.022%
	Weighted Average Cap Down Original	0.026%	0.022%
	Weighted Average Cap Down Prior	0.026%	0.022%
	Weighted Average Cap Down Current	0.026%	0.022%
Note: Original information refers to deal issue.
SERVICING FEES / ADVANCES		GROUP 2	GROUP 1	TOTAL
	Current Servicing Fees	31.26	4,259.53	4,290.79
	Delinquent Servicing Fees	7,850.34	60,662.29	68,512.63
	Trustee Fees	236.45	1,947.65	2,184.10
	TOTAL SERVICING FEES	8,118.05	66,869.47	74,987.52
	Total Servicing Fees	8,118.05	66,869.47	74,987.52
	Compensating Month End Interest	0.00	2,805.73	2,805.73
	Delinquent Servicing Fees	(7,850.34)	(60,662.29)	(68,512.63)
	COLLECTED SERVICING FEES	267.71	9,012.91	9,280.62
	Prepayment Interest Shortfall	0.00	2,805.73	2,805.73
	Total Advanced Interest	136,390.80	1,153,131.43	1,289,522.23
ADDITIONAL COLLATERAL INFORMATION		GROUP 2	GROUP 1	TOTAL
	Net Rate	8.678766%	9.479482%	9.392318%

Page 14 of 27 © COPYRIGHT 2001 Deutsche Bank