Aames Capital 8-K Other events

Aames 2001-4

Mortgage Pass-Through Certificates

Series 2001-4

Prepayment Report for June 25, 2002 Distribution

Prepayment Report - Voluntary Prepayments

VOLUNTARY PREPAYMENTS		TOTAL
	Current
	Number of Paid in Full Loans	28
	Number of Repurchased Loans	-
	Total Number of Loans Prepaid in Full	28
	Paid in Full Balance	3,012,840.69
	Repurchased Loans Balance	-
	Curtailments Amount	35,095.28
	Total Prepayment Amount	3,047,935.97
	Cumulative
	Number of Paid in Full Loans	125
	Number of Repurchased Loans	-
	Total Number of Loans Prepaid in Full	125
	Paid in Full Balance	12,156,941.07
	Repurchased Loans Balance	-
	Curtailments Amount	173,073.65
	Total Prepayment Amount	12,330,014.72
SPACE INTENTIONALLY LEFT BLANK

Total Prepayments by Groups (in thousands of dollars) Total Prepayments (in thousands of dollars)

 

Page 17 of 25 © COPYRIGHT 2002 Deutsche Bank

Aames 2001-4

Mortgage Pass-Through Certificates

Series 2001-4

Prepayment Report for June 25, 2002 Distribution

Prepayment Report - Voluntary Prepayments

VOLUNTARY PREPAYMENT RATES		TOTAL
	SMM	1.36%
	3 Months Avg SMM	1.22%
	12 Months Avg SMM
	Avg SMM Since Cut-off	0.90%
	CPR	15.13%
	3 Months Avg CPR	13.67%
	12 Months Avg CPR
	Avg CPR Since Cut-off	10.25%
	PSA	1105.90%
	3 Months Avg PSA Approximation	1169.92%
	12 Months Avg PSA Approximation
	Avg PSA Since Cut-off Approximation	1179.43%

 

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 for June 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 Avg 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