Aames 2001-1

Mortgage Pass-Through Certificates

May 25, 2001 Distribution

Contents

		TABLE OF CONTENTS
				Page
		1.	Contents	1
		2.	Certificate Payment Report	2
		3.	Collection Account Report	8
		4.	Credit Enhancement Report	11
		5.	Collateral Report	12
		6.	Delinquency Report	15
		7.	REO Report	18
		8.	Prepayment Report	19
		9.	Prepayment Detail Report	22
		10.	Realized Loss Report	23
		11.	Realized Loss Detail Report	26
		12.	Triggers, Adj. Rate Cert. and Miscellaneous Report	27
			Total Number of Pages	27
		CONTACTS
			Administrator: Alan T Sueda
			Direct Phone Number: (714)247-6315
			Address: Deutsche Bank
			1761 E. St. Andrew Place, Santa Ana, CA 92705
			Web Site: http://www-apps.gis.deutsche-bank.com/invr
			Factor Information: (800) 735-7777
			Main Phone Number: (714) 247-6000
ISSUANCE INFORMATION
	Seller:	Aames Capital Corporation		Cut-Off Date: March 1, 2001
	Certificate Insurer:			Closing Date: March 29, 2001
	Servicer(s):	Aames Home Loan Master Servicer		First Payment Date: April 25, 2001
	Underwriter(s):	Greenwich Capital Markets, Inc. Lead Underwriter		Distribution Date: May 25, 2001
		Countrywide Securities Underwriter		Record Date: April 30, 2001
		Lehman Brothers Securities Corporation Underwriter
		Morgan Stanley & Co. Inc Underwriter

Page 1 of 27 © COPYRIGHT 2001 Deutsche Bank