Aames mortgage pool sold to Advanta unit.

LOS ANGELES - Aames Financial Corp. said its Aames Home Loan subsidiary had completed the sale of a pool of about $9 million of mortgages to Advanta Mortgage Corp. USA, a unit of Advanta Corp.

Aames' chief executive, Gary K. Judis, said the Aames pool consists of more than 200 individual mortgage loans.

He noted that this transaction represents the second mortgage pool Aames has formed and sold. The first, valued at $11 million, was completed in June 1992 and was placed with an institutional investor.

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