----------------------------

                       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)
                                SEPTEMBER 6, 2001



                      AAMES CAPITAL ACCEPTANCE CORPORATION
                                  ON BEHALF OF
                           AAMES MORTGAGE TRUST 2001-3

             (Exact name of Registrant as specified in its charter)
             ------------------------------------------------------

         DELAWARE                      333-54184             95-4619902
------------------------------        ------------       -------------------
      (State or other                 (Commission         (I.R.S. employer
jurisdiction of incorporation)        file number)       identification no.)

   350 SOUTH GRAND AVENUE, 40TH FLOOR
        LOS ANGELES, CALIFORNIA                                     90071
----------------------------------------                        --------------
(Address of principal executive offices)                          (ZIP Code)

                                 (323) 210-5000
                              --------------------
               Registrant's telephone number, including area code

                                       N/A
                              --------------------
          (Former name or former address, if changed since last report)

                          ----------------------------







Item 5.  Other Events

Filing of Computational Materials.

         This Current Report on Form 8-K is being filed to file a copy of the
Computational Materials (as defined below) prepared and distributed by Morgan
Stanley & Co. Incoporated, as an underwriter, in connection with the issuance by
Aames Mortgage Trust 2001-3 of Mortgage Pass-Through Certificates, Series
2001-3. The term "Computational Materials" shall have the meaning given in the
No-Action Letter of May 20, 1994 issued by the Securities and Exchange
Commission (the "SEC") to Kidder, Peabody Acceptance Corporation I, Kidder,
Peabody & Co. Incorporated and Kidder Structured Asset Corporation, as made
applicable to other issuers and underwriters by the SEC in response to the
request of the Public Securities Association dated May 24, 1994, and
supplemented in the No-Action Letter of February 17, 1995 issued by the SEC to
the Public Securities Association. Some or all of the Computational Materials
were also distributed by Countrywide Securities Corporation, Lehman Brothers
Inc. and Greenwich Capital Markets, Inc., other underwriters; the legend which
such underwriters placed on the Computational Materials is attached hereto as
Exhibit 99.2, 99.3 and 99.4.

Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits.

(a)      Not applicable.

(b)      Not applicable.

(c)      Exhibits:

         99.1     Computational Materials.

         99.2     Legend of Countrywide Securities Corporation for Computational
                  Materials

         99.3     Legend of Lehman Brothers Inc. for Computational Materials

         99.4     Legend of Greenwich Capital Markets, Inc. for Computational
                  Materials







                                   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 thereunto duly authorized.

                                            AAMES CAPITAL ACCEPTANCE CORPORATION

                                            By: /s/ John Kohler
                                               ---------------------------------
                                                John Kohler
                                                Executive Vice President



Dated:  September 20, 2001









                                  EXHIBIT INDEX


Exhibit
-------

99.1     Computational Materials.

99.2     Legend of Countrywide Securities Corporation for Computational
         Materials

99.3     Legend of Lehman Brothers Inc. For Computational Materials

99.4     Legend of Greenwich Capital Markets, Inc. For Computational Materials