Aames Capital 8-K Other events

Aames 2001-4

Mortgage Pass-Through Certificates

Series 2001-4

Prepayment Report forMarch 25, 2002 Distribution

Prepayment Report - Voluntary Prepayments

VOLUNTARY PREPAYMENTS		TOTAL
	Current
	Number of Paid in Full Loans	13
	Number of Repurchased Loans	-
	Total Number of Loans Prepaid in Full	13
	Paid in Full Balance	864,727.68
	Repurchased Loans Balance	-
	Curtailments Amount	42,651.79
	Total Prepayment Amount	907,379.47
	Cumulative
	Number of Paid in Full Loans	40
	Number of Repurchased Loans	-
	Total Number of Loans Prepaid in Full	40
	Paid in Full Balance	3,990,667.31
	Repurchased Loans Balance	-
	Curtailments Amount	42,651.79
	Total Prepayment Amount	4,033,319.10
SPACE INTENTIONALLY LEFT BLANK

Total Prepayments by Groups (in thousands of dollars)

Total Prepayments (in thousands of dollars)

Page 19 of 25 © COPYRIGHT 2002 Deutsche Bank

Aames 2001-4

Mortgage Pass-Through Certificates

Series 2001-4

Prepayment Report forMarch 25, 2002 Distribution

Prepayment Report - Voluntary Prepayments

VOLUNTARY PREPAYMENT RATES		TOTAL
	SMM	0.39%
	3 Months Avg SMM	0.58%
	12 Months Avg SMM
	Avg SMM Since Cut-off	0.58%
	CPR	4.61%
	3 Months Avg CPR	6.70%
	12 Months Avg CPR
	Avg CPR Since Cut-off	6.70%
	PSA	598.41%
	3 Months Avg PSA Approximation	1175.20%
	12 Months Avg PSA Approximation
	Avg PSA Since Cut-off Approximation	1175.20%

CPR by Groups

Total CPR

PSA by Groups

Total PSA

Page 18 of 25 © COPYRIGHT 2002 Deutsche Bank

Aames 2001-4

Mortgage Pass-Through Certificates

Series 2001-4

Prepayment Report forMarch 25, 2002 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 19 of 25 © COPYRIGHT 2002 Deutsche Bank