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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES AND EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported)
MARCH 29, 2001
AAMES CAPITAL CORPORATION
ON BEHALF OF
AAMES MORTGAGE TRUST 2001-1
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(Exact name of Registrant as specified in its charter)
CALIFORNIA 333-54184 95-4438859
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(State or other jurisdiction (Commission (I.R.S. employer
of incorporation) file number) identification no.)
350 SOUTH GRAND AVENUE, 52ND FLOOR
LOS ANGELES, CALIFORNIA 90071
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(Address of principal executive offices) (ZIP Code)
(323) 210-5000
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Registrant's telephone number, including area code
N/A
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(Former name or former address, if changed since last report)
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Item 5. Other Events
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Aames Capital Corporation (the "Transferor") registered up to
$2,003,994,800 aggregate principal amount of asset-backed certificates
and asset-backed bonds under Rule 415 of the Securities Act of 1933, as
amended (the "Act"), pursuant to a Registration Statement on form S-3,
including a prospectus (Registration Statement File No. 333-54184) (the
"Registration Statement"). Pursuant to the Registration Statement, the
Transferor filed a Prospectus Supplement, dated March 13, 2001, and a
Prospectus, dated March 13, 2001 (together, the "Prospectus"), relating
to $150,000,000 (approximate) aggregate principal amount of Mortgage
Pass-Through Certificates, Series 2001-1 (the "Certificates"), issued
by Aames Mortgage Trust 2001-1 (the "Trust") on March 29, 2001 (the
"Closing Date"). The Certificates consist of the Class A-1, Class A-2,
Class A-IO, Class M-1, Class M-2 and Class B Certificates
(collectively, the "Offered Certificates"), Class R Certificates, Class
P Certificates and Class C Certificates (the "Class R Certificates, "
the "Class P Certificates" and "Class C Certificates", respectively,
and collectively with the Offered Certificates, the "Certificates").
Only the Offered Certificates were offered by the Prospectus.
The Certificates represent undivided beneficial ownership interests in
the Trust, which was created pursuant to the Pooling and Servicing
Agreement dated as of March 1, 2001 (the "Pooling and Servicing
Agreement") between the Transferor, as sponsor, Countrywide Home Loans,
as servicer, and Bankers Trust Company of California, N.A., as trustee
(the "Trustee"). On the Closing Date, the corpus of the Trust consisted
primarily of a pool (the "Mortgage Pool") of home equity mortgage loans
(the "Initial Mortgage Loans").
The description of the Mortgage Pool in the Prospectus contained
information only with respect to the Initial Mortgage Loans as of the
Cut-off Date. This Current Report on Form 8-K is being filed to file
copies of certain final agreements executed in connection with the
issuance of the Certificates.
Capitalized terms used but not otherwise defined herein have the
meanings ascribed to them in the Prospectus. The Prospectus has been
filed with the Securities and Exchange Commission pursuant to Rule
424(b)(5) under file number 333-54184.
Item 7. Financial Statements: Pro Forma Financial Information and
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Exhibits.
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(a) Not applicable.
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(b) Not applicable.
(c) Exhibits:
4.1 Pooling and Servicing Agreement
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
AAMES CAPITAL CORPORATION
By: /s/ Jon Van Deuren
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Jon Van Deuren
Senior Vice President
Dated: April 11, 2001
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EXHIBIT INDEX
Exhibit No. Description of Exhibit
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4.1 Pooling and Servicing Agreement
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