Aames Capital Corporation
9/27/96
Report Aggregating Certain Monthly Information to Certificateholders dated
September 27,1996 with respect to Registrant's Mortgage Pass-Through
Certificates , Series 1995-C , Series 1995-D , Series 1996-A and
Series 1996-B for the fiscal year ended June 30 ,1996.
Monthly Reporting aggregated for fiscal year.
II A (i) the amount of such distribution allocable to principal:
Amount allocable
Pool Series to principal
1995-C $9,709,423.45 Group 1-Fixed Rate
$13,193,030.90 Group 2-Adjustable Rate
1995-D $10,789,714.21 Group 1-Fixed Rate
$8,529,247.47 Group 2-Adjustable Rate
1996-A $4,611,304.89 Group 1-Fixed Rate
$5,512,922.36 Group 2-Adjustable Rate
1996-B $1,194,655.42 Group 1-Fixed Rate
$2,194,494.85 Group 2-Adjustable Rate
II A (ii) the amount of such distribution allocable to interest:
Amount allocable
Pool Series to interest
1995-C $2,538,236.16 Group 1-Fixed Rate
$3,405,091.50 Group 2-Adjustable Rate
1995-D $3,221,447.64 Group 1-Fixed Rate
$2,517,834.07 Group 2-Adjustable Rate
1996-A $2,213,542.09 Group 1-Fixed Rate
$1,843,055.62 Group 2-Adjustable Rate
1996-B $575,193.30 Group 1-Fixed Rate
$524,700.00 Group 2-Adjustable Rate
II A (iii) the amount of such distribution allocable to any excess interest or
excess cash distribution in connection with any overcollaterazation feature:
Initial 6/30/96
Pool Series Overcollaterazation Increases Balance
1995-C $779,909.28 $4,125,365.07 $4,905,274.35
1995-D $3,116,185.46 $3,275,763.81 $6,391,949.27
1996-A $3,309,683.46 $1,535,242.18 $4,844,925.64
1996-B $3,671,692.97 $3,671,692.97
II A (v) total amount of any insured payment included in the amount distributed
is:
Pool Series Amount
1995-C $0.00
1995-D $0.00
1996-A $0.00
1996-B $0.00
II A (xii) the amount of any fee paid in respect of credit enhancement for the
related collection period (Represents amount held in Expense Account at Bankers
Trust at 6-30-96)
Pool Series Amount
1995-C $0.00
1995-D $0.00
1996-A $0.00
1996-B $0.00
II A (xiii) the amount of unreimbursed monthly advance and /or servicing
advances.
Pool Series Amount
1995-C $451,104.12
1995-D $586,504.54
1996-A $659,915.81
1996-B $853,890.77
As of the end of the fiscal year.
- --------------------------------------
II A (iv) The aggregate amount (a) otherwise allocable to the subordinated
Certificate Holders on such distribution date, and (b) withdrawn from reserve
account , if any, that is included in the amounts distributed with respect to
senior certificate.
Not applicable.
II A (vi) the aggregate outstanding principal balance of the Mortgage Loans in
the related pool or Mortgage Loan Group and Pool Factor or the Group Factor
(as defined in he prospectus supplement related to such series of certificates),
as applicable, of the mortgage loans for the following distribution date:
Principal Pool Group
Pool Series Balance Factor
1995-C $40,998,281.40 Group 1-Fixed Rate 0.83866996
$61,005,197.40 Group 2-Adjustable Rate 0.85106546
1995-D $81,852,235.06 Group 1-Fixed Rate 0.90946924
$70,220,752.53 Group 2-Adjustable Rate 0.91661488
1996-A $96,825,839.93 Group 1-Fixed Rate 0.96825809
$97,894,858.46 Group 2-Adjustable Rate 0.96505221
1996-B $98,817,710.06 Group 1-Fixed Rate 1.199618
$159,640,124.02 Group 2-Adjustable Rate 1.133942
II A (vii) the number and aggregate principal balance of mortgage
loans in the related mortgage pool contractually delinquent (a) 30 to 59
days , (b) 60 to 89 days and (c) 90 days or more as of the end of the related
collection period:
30 to 59 60 to 89
Pool Series 1995-C Days Days 90 + Days
- --------------------- --------------------------------------------------------------------------------------
(Group 1 -Fixed Rate)
Principal Balance $2,059,840.26 $481,109.00 $583,687.69
Number of loans 40 11 13
(Group 2 -Adjustable Rate)
Principal Balance $4,883,001.46 $2,214,284.46 $2,899,098.58
Number of loans 53 20 21
30 to 59 60 to 89
Pool Series 1995-D Days Days 90 + Days
___________________ _____________________________________________________________________________________
(Group 1 -Fixed Rate)
Principal Balance $2,629,567.34 $1,481,217.36 $1,299,149.90
Number of loans 57 23 23
(Group 2 -Adjustable Rate)
Principal Balance $4,338,700.43 $2,354,926.88 $3,427,815.45
Number of loans 46 23 32
30 to 59 60 to 89
Pool Series 1996-A Days Days 90 + Days
- --------------------- -----------------------------------------------------------------------------------
(Group 1 -Fixed Rate)
Principal Balance $4,958,503.57 $2,961,757.09 $1,138,293.99
Number of loans 83 41 19
(Group 2 -Adjustable Rate)
Principal Balance $6,748,571.79 $2,921,988.31 $2,498,404.70
Number of loans 69 28 27
30 to 59 60 to 89
Pool Series 1996-B Days Days 90 + Days
- ---------------------- ---------------------------------------------------------------------------------
(Group 1 -Fixed Rate)
Principal Balance $3,533,587.14 $754,282.90 $825,759.91
Number of loans 73 18 12
(Group 2 -Adjustable Rate)
Principal Balance $13,612,025.50 $3,048,479.24 $1,320,866.95
Number of loans 155 38 14
II a (viii) the aggregate principal balances of mortgage loans in foreclosure
or other similar proceedings and the aggregate principal balances of mortgage
loans , the mortgagor of which is known by the servicer to be in bankruptcy
as of the end of the period:
Loans in
Pool Series 1995-C Foreclosure
- ---------------- ------------------
(Group 1 -Fixed Rate)
Principal Balance $3,891,714.05
Number of loans 52
(Group 2 -Adjustable Rate)
Principal Balance $9,158,091.97
Number of loans 87
Loans in
Pool Series 1995-D Foreclosure
- ------------------- -------------------
(Group 1 -Fixed Rate)
Principal Balance $3,520,861.92
Number of loans 54
(Group 2 -Adjustable Rate)
Principal Balance $6,410,411.90
Number of loans 63
Loans in
Pool Series 1996-A Foreclosure
- --------------------- ----------------------
(Group 1 -Fixed Rate)
Principal Balance $2,265,318.38
Number of loans 31
(Group 2 -Adjustable Rate)
Principal Balance $3,344,600.94
Number of loans 33
Loans in
Pool Series 1996-B Foreclosure
- ---------------------- --------------------
(Group 1 -Fixed Rate)
Principal Balance $0.00
Number of loans 0
(Group 2 -Adjustable Rate)
Principal Balance $0.00
Number of loans 0
II A (xvii) the certificate principal balance of each class of certificates:
Certificate
Principal
Pool Series Balance
- ------------- ---------------
1995-C $39,290,576.55 Group 1-Fixed Rate
$57,807,627.90 Group 2-Adjustable Rate
1995-D $79,210,285.79 Group 1-Fixed Rate
$66,470,752.53 Group 2-Adjustable Rate
1996-A $95,388,695.11 Group 1-Fixed Rate
$94,487,077.64 Group 2-Adjustable Rate
1996-B $98,840,344.58 Group 1-Fixed Rate
$177,805,505.15 Group 2-Adjustable Rate