Aames 2001-3

Mortgage Pass-Through Certificates

REMIC I Series 2001-3

Certificate Payment Report for May 28, 2002 Distribution

	Distribution in Dollars - Current Period
				Prior						Current
	Class	Original		Principal			Total	Realized	Deferred	Principal
Class	Type	Face Value		Balance	Interest	Principal	Distribution	Losses	Interest	Balance
				(1)	(2)	(3)	(4)=(2)+(3)	(5)	(6)	(7)=(1)-(3)-(5)+(6)
P		100.00		100.00	89,477.55	-	89,477.55	-	-	100.00
IA		10,051,536.00		10,051,536.00	78,580.63	-	78,580.63	-	-	10,051,536.00
IB		1,401,437.00		1,401,437.00	10,956.12	-	10,956.12	-	-	1,401,437.00
IC		1,595,826.00		1,595,826.00	12,475.81	-	12,475.81	-	-	1,595,826.00
ID		1,817,069.00		1,817,069.00	14,205.43	-	14,205.43	-	-	1,817,069.00
IE		2,068,868.00		2,068,868.00	16,173.94	-	16,173.94	-	-	2,068,868.00
IF		2,355,430.00		2,355,430.00	18,414.22	-	18,414.22	-	-	2,355,430.00
IG		2,681,540.00		2,681,540.00	20,963.67	-	20,963.67	-	-	2,681,540.00
IH		3,052,642.00		3,052,642.00	23,864.86	-	23,864.86	-	-	3,052,642.00
II		3,362,700.00		3,362,700.00	26,288.83	-	26,288.83	-	-	3,362,700.00
IJ		2,865,432.00		2,865,432.00	22,401.30	-	22,401.30	-	-	2,865,432.00
IK		2,138,494.00		2,138,494.00	16,718.26	-	16,718.26	-	-	2,138,494.00
IL		1,609,026.00		1,609,026.00	12,579.00	-	12,579.00	-	-	1,609,026.00
IM		140,008,314.47		129,020,648.00	1,008,654.18	3,690,080.09	4,698,734.27	-	-	125,330,567.91
R-1		-		-	-	-	-	-	-	-
Total		175,008,414.47		164,020,748.00	1,371,753.80	3,690,080.09	5,061,833.89	-	-	160,330,667.91
	Interest Accrual Detail			Current Period Factor Information per $1,000 of Original Face
					Orig. Principal	Prior				Current
	Period	Period			(with Notional)	Principal			Total	Principal
Class	Starting	Ending	Method	Cusip	Balance	Balance	Interest	Principal	Distribution	Balance
						(1)	(2)	(3)	(4)=(2)+(3)	(5)
P			A-30/360		100.00	1,000.000000	894,775.500000	-	894,775.500000	1,000.000000
IA			A-30/360		10,051,536.00	1,000.000000	7.817773	-	7.817773	1,000.000000
IB			A-30/360		1,401,437.00	1,000.000000	7.817776	-	7.817776	1,000.000000
IC			A-30/360		1,595,826.00	1,000.000000	7.817776	-	7.817776	1,000.000000
ID			A-30/360		1,817,069.00	1,000.000000	7.817771	-	7.817771	1,000.000000
IE			A-30/360		2,068,868.00	1,000.000000	7.817773	-	7.817773	1,000.000000
IF			A-30/360		2,355,430.00	1,000.000000	7.817774	-	7.817774	1,000.000000
IG			A-30/360		2,681,540.00	1,000.000000	7.817773	-	7.817773	1,000.000000
IH			A-30/360		3,052,642.00	1,000.000000	7.817772	-	7.817772	1,000.000000
II			A-30/360		3,362,700.00	1,000.000000	7.817774	-	7.817774	1,000.000000
IJ			A-30/360		2,865,432.00	1,000.000000	7.817774	-	7.817774	1,000.000000
IK			A-30/360		2,138,494.00	1,000.000000	7.817773	-	7.817773	1,000.000000
IL			A-30/360		1,609,026.00	1,000.000000	7.817773	-	7.817773	1,000.000000
IM			A-30/360		140,008,314.47	921.521329	7.204245	26.356150	33.560395	895.165179
R-1			-		-	-	-	-	-	-
						Page 2 of 27		© COPYRIGHT 2002 Deutsche Bank

Aames 2001-3

Mortgage Pass-Through Certificates

REMIC I Series 2001-3

Certificate Payment Report for May 28, 2002 Distribution

	Distribution in Dollars - to Date
										Current
	Original			Unscheduled	Scheduled	Total	Total	Realized	Deferred	Principal
Class	Face Value		Interest	Principal	Principal	Principal	Distribution	Losses	Interest	Balance
	(1)		(2)	(3)	(4)	(5)=(3)+(4)	(6)=(2)+(5)	(7)	(8)	(9)=(1)-(5)-(7)+(8)
P	100.00		261,720.20	-	-	-	261,720.20	-	-	100.00
IA	10,051,536.00		629,258.28	-	-	-	629,258.28	-	-	10,051,536.00
IB	1,401,437.00		87,734.43	-	-	-	87,734.43	-	-	1,401,437.00
IC	1,595,826.00		99,903.81	-	-	-	99,903.81	-	-	1,595,826.00
ID	1,817,069.00		113,754.32	-	-	-	113,754.32	-	-	1,817,069.00
IE	2,068,868.00		129,517.74	-	-	-	129,517.74	-	-	2,068,868.00
IF	2,355,430.00		147,457.44	-	-	-	147,457.44	-	-	2,355,430.00
IG	2,681,540.00		167,872.97	-	-	-	167,872.97	-	-	2,681,540.00
IH	3,052,642.00		191,105.14	-	-	-	191,105.14	-	-	3,052,642.00
II	3,362,700.00		210,515.78	-	-	-	210,515.78	-	-	3,362,700.00
IJ	2,865,432.00		179,385.20	-	-	-	179,385.20	-	-	2,865,432.00
IK	2,138,494.00		133,876.56	-	-	-	133,876.56	-	-	2,138,494.00
IL	1,609,026.00		100,730.17	-	-	-	100,730.17	-	-	1,609,026.00
IM	140,008,314.47		8,486,602.61	-	14,677,746.56	14,677,746.56	23,164,349.17	-	-	125,330,567.91
R-1	-		-	-	-	-	-	-	-	-
Total	175,008,414.47		10,939,434.65	-	14,677,746.56	14,677,746.56	25,617,181.21	-	-	160,330,667.91
	Interest Detail
	Pass-	Prior Principal			Non-	Prior	Unscheduled		Paid or	Current
	Through	(with Notional)		Accrued	Supported	Unpaid	Interest	Optimal	Deferred	Unpaid
Class	Rate	Balance		Interest	Interest SF	Interest	Adjustments	Interest	Interest	Interest
				(1)	(2)	(3)	(4)	(5)=(1)-(2)+(3)+(4)	(6)	(7)=(5)-(6)
P		100.00		89,477.55	-	-	-	89,477.55	89,477.55	-
IA	9.38133%	10,051,536.00		78,580.63	-	-	-	78,580.63	78,580.63	-
IB	9.38133%	1,401,437.00		10,956.12	-	-	-	10,956.12	10,956.12	-
IC	9.38133%	1,595,826.00		12,475.81	-	-	-	12,475.81	12,475.81	-
ID	9.38133%	1,817,069.00		14,205.43	-	-	-	14,205.43	14,205.43	-
IE	9.38133%	2,068,868.00		16,173.94	-	-	-	16,173.94	16,173.94	-
IF	9.38133%	2,355,430.00		18,414.22	-	-	-	18,414.22	18,414.22	-
IG	9.38133%	2,681,540.00		20,963.67	-	-	-	20,963.67	20,963.67	-
IH	9.38133%	3,052,642.00		23,864.86	-	-	-	23,864.86	23,864.86	-
II	9.38133%	3,362,700.00		26,288.83	-	-	-	26,288.83	26,288.83	-
IJ	9.38133%	2,865,432.00		22,401.30	-	-	-	22,401.30	22,401.30	-
IK	9.38133%	2,138,494.00		16,718.26	-	-	-	16,718.26	16,718.26	-
IL	9.38133%	1,609,026.00		12,579.00	-	-	-	12,579.00	12,579.00	-
IM	9.38133%	129,020,648.00		1,008,654.18	-	-	-	1,008,654.18	1,008,654.18	-
R-1		-		-	-	-	-	-	-	-
Total		164,020,748.00		1,371,753.80	-	-	-	1,371,753.80	1,371,753.80	-
						Page 3 of 27		© COPYRIGHT 2002 Deutsche Bank

Aames 2001-3

Mortgage Pass-Through Certificates

REMIC I Series 2001-3

Certificate Payment Report for May 28, 2002 Distribution

	Distribution in Dollars - Current Period
				Prior						Current
	Class	Original		Principal			Total	Realized	Deferred	Principal
Class	Type	Face Value		Balance	Interest	Principal	Distribution	Losses	Interest	Balance
				(1)	(2)	(3)	(4)=(2)+(3)	(5)	(6)	(7)=(1)-(3)-(5)+(6)
II-A-1		1,326,630.00		1,220,068.62	8,375.86	40,410.81	48,786.67	-	-	1,179,657.81
II-A-2		160,870.00		131,756.34	904.52	112.22	1,016.74	-	-	131,644.12
II-M-1		109,375.00		109,375.00	750.87	-	750.87	-	-	109,375.00
II-M-2		83,125.00		83,125.00	570.66	-	570.66	-	-	83,125.00
II-B		70,000.00		70,000.00	480.56	-	480.56	-	-	70,000.00
II-Q		173,258,314.47		162,406,323.04	1,111,309.15	3,653,179.29	4,764,488.44	-	3,622.23	158,756,765.98
II-A-IO		-		-	156,262.40	-	156,262.40	-	-	-
R-II		-		-	-	-	-	-	-	-
Total		175,008,314.47		164,020,648.00	1,278,654.02	3,693,702.32	4,972,356.34	-	3,622.23	160,330,567.91
	Interest Accrual Detail			Current Period Factor Information per $1,000 of Original Face
					Orig. Principal	Prior				Current
	Period	Period			(with Notional)	Principal			Total	Principal
Class	Starting	Ending	Method	Cusip	Balance	Balance	Interest	Principal	Distribution	Balance
						(1)	(2)	(3)	(4)=(2)+(3)	(5)
II-A-1			A-30/360		1,326,630.00	919.675132	6.313637	30.461251	36.774888	889.213880
II-A-2			A-30/360		160,870.00	819.023684	5.622677	0.697582	6.320259	818.326102
II-M-1			A-30/360		109,375.00	1,000.000000	6.865097	-	6.865097	1,000.000000
II-M-2			A-30/360		83,125.00	1,000.000000	6.865083	-	6.865083	1,000.000000
II-B			A-30/360		70,000.00	1,000.000000	6.865143	-	6.865143	1,000.000000
II-Q			A-30/360		173,258,314.47	937.365249	6.414175	21.085160	27.499335	916.300995
II-A-IO			A-30/360		-	-	-	-	-	-
R-II			-		-	-	-	-	-	-
						Page 4 of 27		© COPYRIGHT 2002 Deutsche Bank

Aames 2001-3

Mortgage Pass-Through Certificates

REMIC I Series 2001-3

Certificate Payment Report for May 28, 2002 Distribution

	Distribution in Dollars - to Date
										Current
	Original			Unscheduled	Scheduled	Total	Total	Realized	Deferred	Principal
Class	Face Value		Interest	Principal	Principal	Principal	Distribution	Losses	Interest	Balance
	(1)		(2)	(3)	(4)	(5)=(3)+(4)	(6)=(2)+(5)	(7)	(8)	(9)=(1)-(5)-(7)+(8)
II-A-1	1,326,630.00		70,138.23	24,740.91	122,231.28	146,972.19	217,110.42	-	-	1,179,657.81
II-A-2	160,870.00		8,167.95	4,679.69	24,546.19	29,225.88	37,393.83	-	-	131,644.12
II-M-1	109,375.00		5,989.34	-	-	-	5,989.34	-	-	109,375.00
II-M-2	83,125.00		4,551.90	-	-	-	4,551.90	-	-	83,125.00
II-B	70,000.00		3,833.18	-	-	-	3,833.18	-	-	70,000.00
II-Q	173,258,314.47		9,217,223.88	-	14,530,969.09	14,530,969.09	23,748,192.97	-	29,420.60	158,756,765.98
II-A-IO	-		1,338,389.41	-	-	-	1,338,389.41	-	-	-
R-II	-		-	-	-	-	-	-	-	-
Total	175,008,314.47		10,648,293.89	29,420.60	14,677,746.56	14,707,167.16	25,355,461.05	-	29,420.60	160,330,567.91
	Interest Detail
	Pass-	Prior Principal			Non-	Prior	Unscheduled		Paid or	Current
	Through	(with Notional)		Accrued	Supported	Unpaid	Interest	Optimal	Deferred	Unpaid
Class	Rate	Balance		Interest	Interest SF	Interest	Adjustments	Interest	Interest	Interest
				(1)	(2)	(3)	(4)	(5)=(1)-(2)+(3)+(4)	(6)	(7)=(5)-(6)
II-A-1	8.23809%	1,220,068.62		8,375.86	-	-	-	8,375.86	8,375.86	-
II-A-2	8.23809%	131,756.34		904.52	-	-	-	904.52	904.52	-
II-M-1	8.23809%	109,375.00		750.87	-	-	-	750.87	750.87	-
II-M-2	8.23809%	83,125.00		570.66	-	-	-	570.66	570.66	-
II-B	8.23809%	70,000.00		480.56	-	-	-	480.56	480.56	-
II-Q	8.23809%	162,406,323.04		1,111,309.15	-	-	-	1,111,309.15	1,114,931.38	-
II-A-IO		-		156,262.40	-	-	-	156,262.40	156,262.40	-
R-II		-		-	-	-	-	-	-	-
Total		164,020,648.00		1,278,654.02	-	-	-	1,278,654.02	1,282,276.25	-
						Page 5 of 27		© COPYRIGHT 2002 Deutsche Bank

Aames 2001-3

Mortgage Pass-Through Certificates

REMIC I Series 2001-3

Certificate Payment Report for May 28, 2002 Distribution

	Distribution in Dollars - Current Period
				Prior						Current
	Class	Original		Principal			Total	Realized	Deferred	Principal
Class	Type	Face Value		Balance	Interest	Principal	Distribution	Losses	Interest	Balance
				(1)	(2)	(3)	(4)=(2)+(3)	(5)	(6)	(7)=(1)-(3)-(5)+(6)
A-1	STEP	132,663,000.00		122,006,862.45	553,097.78	4,041,080.44	4,594,178.22	-	-	117,965,782.01
A-2	STEP	16,087,000.00		13,175,633.91	62,584.26	11,222.57	73,806.83	-	-	13,164,411.34
A-IO	IO	-		-	156,262.40	-	156,262.40	-	-	-
M-1	MEZ	10,937,500.00		10,937,500.00	58,789.06	-	58,789.06	-	-	10,937,500.00
M-2	MEZ	8,312,500.00		8,312,500.00	47,727.60	-	47,727.60	-	-	8,312,500.00
B	SUB	7,000,000.00		7,000,000.00	41,591.67	-	41,591.67	-	-	7,000,000.00
C		8,314.47		2,588,151.65	-	-	-	-	362,222.91	2,950,374.56
R		-		-	-	-	-	-	-	-
Total		175,008,314.47		164,020,648.01	920,052.77	4,052,303.01	4,972,355.78	-	362,222.91	160,330,567.91
	Interest Accrual Detail			Current Period Factor Information per $1,000 of Original Face
					Orig. Principal	Prior				Current
	Period	Period			(with Notional)	Principal			Total	Principal
Class	Starting	Ending	Method	Cusip	Balance	Balance	Interest	Principal	Distribution	Balance
						(1)	(2)	(3)	(4)=(2)+(3)	(5)
A-1			F-30/360	00253CGY7	132,663,000.00	919.675135	4.169194	30.461247	34.630441	889.213888
A-2			F-30/360	00253CGZ4	16,087,000.00	819.023678	3.890362	0.697617	4.587980	818.326061
A-IO			F-30/360	00253CHA8	35,000,000.00	892.928000	4.464640	-	4.464640	892.928000
M-1			F-30/360	00253CHB6	10,937,500.00	1,000.000000	5.375000	-	5.375000	1,000.000000
M-2			F-30/360	00253CHC4	8,312,500.00	1,000.000000	5.741666	-	5.741666	1,000.000000
B			F-30/360	00253CHD2	7,000,000.00	1,000.000000	5.941667	-	5.941667	1,000.000000
C			F-30/360		8,314.47	311,282.817786	-	-	-	354,848.181544
R			-		-	-	-	-	-	-
						Page 6 of 27		© COPYRIGHT 2002 Deutsche Bank

Aames 2001-3

Mortgage Pass-Through Certificates

REMIC I Series 2001-3

Certificate Payment Report for May 28, 2002 Distribution

	Distribution in Dollars - to Date
										Current
	Original			Unscheduled	Scheduled	Total	Total	Realized	Deferred	Principal
Class	Face Value		Interest	Principal	Principal	Principal	Distribution	Losses	Interest	Balance
	(1)		(2)	(3)	(4)	(5)=(3)+(4)	(6)=(2)+(5)	(7)	(8)	(9)=(1)-(5)-(7)+(8)
A-1	132,663,000.00		4,645,488.33	2,474,089.86	12,223,128.12	14,697,217.98	19,342,706.31	-	-	117,965,782.01
A-2	16,087,000.00		566,909.47	467,970.22	2,454,618.44	2,922,588.66	3,489,498.13	-	-	13,164,411.34
A-IO	-		1,338,389.41	-	-	-	1,338,389.41	-	-	-
M-1	10,937,500.00		470,312.48	0.00	-	-	470,312.48	-	-	10,937,500.00
M-2	8,312,500.00		381,820.80	-	-	-	381,820.80	-	-	8,312,500.00
B	7,000,000.00		332,733.36	-	-	-	332,733.36	-	-	7,000,000.00
C	8,314.47		-	-	-	-	-	-	2,942,060.09	2,950,374.56
R	-		-	-	-	-	-	-	-	-
Total	175,008,314.47		7,735,653.85	2,942,060.08	14,677,746.56	17,619,806.64	25,355,460.49	-	2,942,060.09	160,330,567.91
	Interest Detail
	Pass-	Prior Principal			Non-	Prior	Unscheduled		Paid or	Current
	Through	(with Notional)		Accrued	Supported	Unpaid	Interest	Optimal	Deferred	Unpaid
Class	Rate	Balance		Interest	Interest SF	Interest	Adjustments	Interest	Interest	Interest
				(1)	(2)	(3)	(4)	(5)=(1)-(2)+(3)+(4)	(6)	(7)=(5)-(6)
A-1	5.44000%	122,006,862.45		553,097.78	-	-	-	553,097.78	553,097.78	-
A-2	5.70000%	13,175,633.91		62,584.26	-	-	-	62,584.26	62,584.26	-
A-IO	6.00000%	31,252,480.00		156,262.40	-	-	-	156,262.40	156,262.40	-
M-1	6.45000%	10,937,500.00		58,789.06	-	-	-	58,789.06	58,789.06	-
M-2	6.89000%	8,312,500.00		47,727.60	-	-	-	47,727.60	47,727.60	-
B	7.13000%	7,000,000.00		41,591.67	-	-	-	41,591.67	41,591.67	-
C		2,588,151.65		362,222.91	-	-	-	362,222.91	362,222.91	-
R		-		-	-	-	-	-	-	-
Total		195,273,128.01		1,282,275.68	-	-	-	1,282,275.68	1,282,275.68	-
						Page 7 of 27		© COPYRIGHT 2002 Deutsche Bank