Aames 2001-3

Mortgage Pass-Through Certificates

Series 2001-3

Collection Account Report for May 28, 2002 Distribution

Collection Account Report

SUMMARY		GROUP 2	GROUP 1	TOTAL
	Principal Collections	10,219.42	3,679,860.67	3,690,080.09
	Principal Withdrawals	0.00	0.00	0.00
	Principal Other Accounts	0.00	0.00	0.00
	TOTAL NET PRINCIPAL	10,219.42	3,679,860.67	3,690,080.09
	Interest Collections	118,681.80	1,269,328.98	1,388,010.78
	Interest Withdrawals	0.00	0.00	0.00
	Interest Other Accounts	0.00	0.00	0.00
	Interest Fees	(1,076.31)	(15,181.22)	(16,257.54)
	TOTAL NET INTEREST	117,605.49	1,254,147.76	1,371,753.24
	TOTAL AVAILABLE FUNDS TO BONDHOLDERS	127,824.91	4,934,008.43	5,061,833.33
PRINCIPAL - COLLECTIONS		GROUP 2	GROUP 1	TOTAL
	Scheduled Principal	9,996.59	109,663.08	119,659.67
	Curtailments	222.83	84,376.48	84,599.31
	Prepayments in Full	0.00	3,485,821.11	3,485,821.11
	Repurchases/Substitutions Shortfalls	0.00	0.00	0.00
	Liquidations	0.00	0.00	0.00
	Insurance Principal	0.00	0.00	0.00
	Other Additional Principal	0.00	0.00	0.00
	Delinquent Principal	0.00	0.00	0.00
	Advanced Principal	0.00	0.00	0.00
	Realized Losses	0.00	0.00	0.00
	Mortgage Replacement Amount	0.00	0.00	0.00
	TOTAL PRINCIPAL COLLECTED	10,219.42	3,679,860.67	3,690,080.09

Page 8 of 27 © COPYRIGHT 2002 Deutsche Bank

Aames 2001-3

Mortgage Pass-Through Certificates

Series 2001-3

Collection Account Report for May 28, 2002 Distribution

Collection Account Report

PRINCIPAL - WITHDRAWALS		GROUP 2	GROUP 1	TOTAL
SPACE INTENTIONALLY LEFT BLANK
PRINCIPAL - OTHER ACCOUNTS		GROUP 2	GROUP 1	TOTAL
	Prefunded Release Amount	0.00	0.00	0.00
	TOTAL OTHER ACCOUNTS PRINCIPAL	0.00	0.00	0.00
INTEREST - COLLECTIONS		GROUP 2	GROUP 1	TOTAL
	Scheduled Interest	124,679.64	1,229,225.47	1,353,905.11
	Repurchases/Substitutions	0.00	0.00	0.00
	Liquidations	0.00	0.00	0.00
	Month End Interest (PPIS)	0.00	(17,794.51)	(17,794.51)
	Delinquent Interest	(109,070.56)	(998,490.80)	(1,107,561.36)
	Realized Losses	0.00	0.00	0.00
	Compensating Month End Interest	0.00	17,794.51	17,794.51
	Other Interest Shortfall (Relief Act)	0.00	0.00	0.00
	Interest Advanced	103,072.72	949,116.76	1,052,189.48
	Prepayment Penalties	0.00	89,477.55	89,477.55
	TOTAL INTEREST COLLECTED	118,681.80	1,269,328.98	1,388,010.78

Page 9 of 27 © COPYRIGHT 2002 Deutsche Bank

Aames 2001-3

Mortgage Pass-Through Certificates

Series 2001-3

Collection Account Report for May 28, 2002 Distribution

Collection Account Report

INTEREST - WITHDRAWALS		GROUP 2	GROUP 1	TOTAL
SPACE INTENTIONALLY LEFT BLANK
INTEREST - OTHER ACCOUNTS		GROUP 2	GROUP 1	TOTAL
	Capitialized Interest Requirement	0.00	0.00	0.00
	TOTAL OTHER ACCOUNT INTEREST	0.00	0.00	0.00
INTEREST - FEES		GROUP 2	GROUP 1	TOTAL
	Current Servicing Fees	870.27	12,081.35	12,951.62
	Trustee Fee	206.04	1,844.21	2,050.26
	PMI Premium	0.00	1,255.66	1,255.66
	TOTAL INTEREST OTHER FEES	1,076.31	15,181.22	16,257.54

Page 10 of 27 © COPYRIGHT 2002 Deutsche Bank