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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 15

CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(g) OF
THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER
SECTION 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.


                                         Commission File Number:  333-21219  
                                                                 ----------- 


                           Aames Capital Corporation
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             (Exact name of registrant as specified in its charter)


     350 South Grand Avenue, Los Angeles, California 90071; (213) 210-5000
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    (Address, including zip code, and telephone number, including area code,
                  of registrant's principal executive offices)


Aames Mortgage Trust 1997-C Mortgage Pass-Through Certificates, Series 1997-C
Aames Mortgage Trust 1997-D Mortgage Pass-Through Certificates, Series 1997-D
Aames Mortgage Trust 1998-A Mortgage Pass-Through Certificates, Series 1998-A
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            (Title of each class of securities covered by this Form)


                                      None
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  (Titles of all other classes of securities for which a duty to file reports
                     under Section 13(a) or 15(d) remains)


          Please place an X in the box(es) to designate the appropriate rule
provisions(s) relied upon to terminate or suspend the duty to file reports:

      Rule 12g-4(a)(1)(i)   [ ]             Rule 12h-3(b)(1)(i)   [ ]
      Rule 12g-4(a)(1)(ii)  [ ]             Rule 12h-3(b)(1)(ii)  [ ]
      Rule 12g-4(a)(2)(i)   [ ]             Rule 12h-3(b)(2)(i)   [ ]
      Rule 12g-4(a)(2)(ii)  [ ]             Rule 12h-3(b)(2)(ii)  [ ]
                                            Rule 15d-6            [X]

          Approximate number of holders of record as of the certification or
notice date:    
            
    o Aames Mortgage Trust 1997-C Mortgage Pass-Through Certificates, Series
      1997-C (with reference only to the publicly issued certificates
      thereunder), has one holder of record, CEDE & CO., the nominee of The
      Depository Trust Company (36 holders, if only participating brokers
      holding directly through CEDE & CO. are counted).
 
    o Aames Mortgage Trust 1997-D Mortgage Pass-Through Certificates, Series
      1997-D, has one holder of record, CEDE & CO., the nominee of The
      Depository Trust Company (27 holders, if only participating brokers
      holding directly through CEDE & CO. are counted).

    o Aames Mortgage Trust 1998-A Mortgage Pass-Through Certificates, Series
      1998-A, has one holder of record, CEDE & CO., the nominee of The
      Depository Trust Company (22 holders, if only participating brokers
      holding directly through CEDE & CO. are counted).


    Pursuant to the requirements of the Securities Exchange Act of 1934, Aames
Capital Corporation, as registrant with respect to the securities covered
hereby, has caused this certification/notice to be signed on its behalf by the
undersigned duly authorized person.


Date: July 27, 1998                      By: /s/ Joseph Magnus
                                             ----------------------------
                                                 Joseph Magnus
                                                 Executive Vice President





Instruction: This form is required by Rules 12g-4, 12h-3 and 15d-6 of the
General Rules and Regulations under the Securities Exchange Act of 1934. The
registrant shall file with the Commission three copies of Form 15, one of which
shall be manually signed. It may be signed by an officer of the registrant, by
counsel or by any other duly authorized person. The name and title of the person
signing the form shall be typed or printed under the signature.