Aames 2002-2

Mortgage Pass-Through Certificates

Series 2002-2

Collection Account Report for May 27, 2003 Distribution

Collection Account Report

SUMMARY		GROUP 2	GROUP 1	TOTAL
	Principal Collections	451,542.12	2,873,204.55	3,324,746.67
	Principal Withdrawals	0.00	0.00	0.00
	Principal Other Accounts	0.00	0.00	0.00
	TOTAL NET PRINCIPAL	451,542.12	2,873,204.55	3,324,746.67
	Interest Collections	228,603.51	1,753,477.21	1,982,080.72
	Interest Withdrawals	0.00	0.00	0.00
	Interest Other Accounts	0.00	0.00	0.00
	Interest Fees	(2,881.53)	(31,148.55)	(34,030.09)
	TOTAL NET INTEREST	225,721.98	1,722,328.66	1,948,050.63
	TOTAL AVAILABLE FUNDS TO BONDHOLDERS	677,264.10	4,595,533.21	5,272,797.30
PRINCIPAL - COLLECTIONS		GROUP 2	GROUP 1	TOTAL
	Scheduled Principal	34,715.21	260,165.22	294,880.43
	Curtailments	1,956.95	23,995.00	25,951.95
	Prepayments in Full	414,869.96	2,589,044.33	3,003,914.29
	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	451,542.12	2,873,204.55	3,324,746.67

Page 8 of 27 © COPYRIGHT 2003 Deutsche Bank

Aames 2002-2

Mortgage Pass-Through Certificates

Series 2002-2

Collection Account Report for May 27, 2003 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	242,783.82	1,773,558.97	2,016,342.79
	Repurchases/Substitutions	0.00	0.00	0.00
	Liquidations	0.00	0.00	0.00
	Month End Interest (PPIS)	(1,841.56)	(10,571.81)	(12,413.37)
	Delinquent Interest	(213,177.91)	(1,402,128.37)	(1,615,306.28)
	Realized Losses	0.00	0.00	0.00
	Compensating Month End Interest	1,841.56	10,571.81	12,413.37
	Other Interest Shortfall (Relief Act)	0.00	0.00	0.00
	Interest Advanced	198,997.60	1,314,251.32	1,513,248.92
	Prepayment Penalties	0.00	67,795.29	67,795.29
	Gain on Liquidation	0.00	0.00	0.00
	TOTAL INTEREST COLLECTED	228,603.51	1,753,477.21	1,982,080.72

Page 9 of 27 © COPYRIGHT 2003 Deutsche Bank

Aames 2002-2

Mortgage Pass-Through Certificates

Series 2002-2

Collection Account Report for May 27, 2003 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	2,204.98	24,538.18	26,743.16
	Trustee Fee	262.16	1,798.64	2,060.81
	PMI Premium	414.39	4,811.73	5,226.12
	TOTAL INTEREST OTHER FEES	2,881.53	31,148.55	34,030.09

Page 10 of 27 © COPYRIGHT 2003 Deutsche Bank