UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C. 20549



                                   FORM 10-K

(Mark One)

     [X]  ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
          EXCHANGE ACT OF 1934

     For the fiscal year ended: December 31, 2000
                                -----------------

                                      OR

     [ ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
          SECURITIES EXCHANGE ACT OF 1934

         For the transition period from _____________ to ____________

                     Commission file number: 333-72655-12
                                             ------------

                                  CWMBS, Inc.
                Residential Asset Securitization Trust 2000-A3
               Mortgage Pass-Through Certificates, Series 2000-C
               -------------------------------------------------
            (Exact name of Registrant as specified in its charter)


           Delaware                                   95-4449516
-------------------------------            ------------------------------------
(State or other jurisdiction of            (IRS Employer Identification Number)
 incorporation or organization)

c/o      The Bank of New York
         101 Barclay Street
         New York, New York                                      10286
----------------------------------------                       ----------
(Address of principal executive offices)                       (Zip Code)

Registrant's telephone number, including area code:   (212) 815-2007
                                                      --------------

Securities registered pursuant to Section 12(b) of the Act:  None
                                                             ----

Securities registered pursuant to Section 12(g) of the Act:  None
                                                             ----


<PAGE>



Indicate by check mark whether the Registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
Registrant was required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days. Yes X   No
                                                  ---    ---

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405
of Regulation S-K (ss. 229.405 of this chapter) is not contained herein, and
will not be contained, to the best of Registrant's knowledge, in definitive
proxy or information statements incorporated by reference in Part III of this
Form 10-K or any amendment to this Form 10-K. [ ]

State the aggregate market value of the voting and non-voting common equity
held by non-affiliates of the Registrant: Not applicable
                                          --------------

Indicate the number of shares outstanding of each of the registrant's classes
of common stock, as of December 31, 2000: Not applicable
                                          --------------


<PAGE>



DOCUMENTS INCORPORATED BY REFERENCE


                                     None.

                                     * * *


         This Annual Report on Form 10-K (the "Report") is filed with respect
to the trust fund entitled Residential Asset Securitization Trust 2000-A3 (the
"Trust Fund") formed pursuant to the pooling and servicing agreement dated as
of March 1, 2000 (the "Pooling and Servicing Agreement") among CWMBS, Inc., as
depositor (the "Company"), IndyMac, Inc., as seller and master servicer (the
"Master Servicer"), and The Bank of New York, as trustee (the "Trustee"), for
the issuance of CWMBS, Inc., Mortgage Pass-Through Certificates, Series 2000-C
(the "Certificates"). Certain information otherwise required to be included in
this Report by the Instructions to Form 10-K has been omitted in reliance on
the relief granted to the Company in CWMBS, Inc. (February 3, 1994) (the
"Relief Letter").


<PAGE>



                                    PART I

ITEM 1.   BUSINESS

          Not applicable.  See the Relief Letter.

ITEM 2.   PROPERTIES

          Not applicable.  See the Relief Letter.

ITEM 3.   LEGAL PROCEEDINGS

          There were no material pending legal proceedings relating to the
          Trust Fund to which any of the Trust Fund, the Trustee, the Master
          Servicer or the Company was a party or of which any of their
          respective properties was the subject during the fiscal year covered
          by this Report, nor is the Company aware of any such proceedings
          contemplated by governmental authorities.

ITEM 4.   SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

          No matter was submitted to a vote of Certificateholders, and no
          Certificateholder consent was solicited during the fiscal year
          covered by this Report.


<PAGE>



                                    PART II

ITEM 5.   MARKET FOR REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

          (a)  There is no established public trading market for the
          Certificates.

          (b)  As of December 31, 2000, there were less than 300 holders of
          record of the Certificates.

          (c)  Not applicable. (Information as to distributions to
          Certificateholders is provided in the Registrant's monthly filings
          on Form 8-K.)

ITEM 6.  SELECTED FINANCIAL DATA

          Not applicable. See the Relief Letter.

ITEM 7.   MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
          RESULTS OF OPERATIONS

          Not applicable. See the Relief Letter.

ITEM 7A   QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK

          Not applicable.

ITEM 8.   FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

          Not applicable. See the Relief Letter.

ITEM 9.   CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
          FINANCIAL DISCLOSURE

          None.


<PAGE>



                                   PART III

ITEM 10.  DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT

          Not applicable. See the Relief Letter.

ITEM 11.  EXECUTIVE COMPENSATION

          Not applicable. See the Relief Letter.

ITEM 12.  SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

          (a)  Not applicable. See the Relief Letter.

          (b)  Not applicable. See the Relief Letter.

          (c)  Not applicable. See the Relief Letter.

ITEM 13.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

          (a)  Not applicable. See the Relief Letter.


<PAGE>



                                    PART IV

ITEM 14.  EXHIBITS, FINANCIAL STATEMENT SCHEDULES, AND REPORTS ON FORM 8-K

                         (a) (1) Pursuant to the Pooling and Servicing
                    Agreement, the Master Servicer is required (i) to deliver
                    an annual statement as to compliance with the provisions
                    of the Pooling and Servicing Agreement and certain other
                    matters (the "Annual Statement of the Master Servicer")
                    and (ii) to cause a firm of independent public accountants
                    to deliver an annual report as to compliance with the
                    servicing provisions of the Pooling and Servicing
                    Agreement (the "Annual Report of the Firm of
                    Accountants"). Both the Annual Statement of the Master
                    Servicer and the Annual Report of the Firm of Accountants
                    are attached as Exhibits 99.1 and 99.2, respectively, to
                    this Report.

               (2)  Not applicable.

               (3)  The required exhibits are as follows:

                              Exhibit 3(i): Copy of Company's Certificate of
                    Incorporation (Filed as an Exhibit to Registration
                    Statement on Form S-11 (File No. 33-63714).

                              Exhibit 3(ii): Copy of Company's By-laws (Filed
                    as an Exhibit to Registration Statement on Form S-11 (File
                    No. 33-63714)).

                              Exhibit 4: Pooling and Servicing Agreement (Filed
                    as part of the Registrant's Current Report on Form 8-K
                    filed on November 13, 2000).

                              Exhibit 99.1: Annual Statement of the Master
                    Servicer.

                              Exhibit 99.2: Annual Report of the Firm of
                    Accountants.



<PAGE>



                         (b) Current Reports on Form 8-K filed during the last
                    quarter of the period covered by this Report:


                  Date of Current Report             Item Reported
                  ----------------------             -------------
                  October 25, 2000              Monthly Report sent to
                                                Certificateholders with the
                                                October 2000 distribution

                  November 27, 2000             Monthly Report sent to
                                                Certificateholders with the
                                                November 2000 distribution

                  December 26, 2000             Monthly report sent to
                                                Certificateholders with the
                                                December 2000 distribution

                  (c)      See subparagraph (a)(3) above.

                  (d)      Not applicable.  See the Relief Letter.

         SUPPLEMENTAL INFORMATION TO BE FURNISHED WITH REPORTS FILED PURSUANT
TO SECTION 15(d) OF THE ACT BY REGISTRANTS WHICH HAVE NOT REGISTERED
SECURITIES PURSUANT TO SECTION 12 OF THE ACT.

         No such annual report, proxy statement, form of proxy or other
soliciting material has been sent to Certificateholders. See the Relief
Letter.


<PAGE>



                                  SIGNATURES

         Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this Report to be signed
on its behalf by the undersigned, thereunto duly authorized.

                                            CWMBS, INC.,
                                            RESIDENTIAL ASSET
                                            SECURITIZATION TRUST 2000-A3,
                                            MORTGAGE PASS-THROUGH
                                            CERTIFICATES, SERIES 2000-C

                                            By:   The Bank of New York,
                                                  as Trustee*

                                            By:   /s/ Courtney Bartholomew
                                                  ---------------------------
                                                  Name:  Courtney Bartholomew
                                                  Title: Vice President

                                             Date: March 26, 2001


-------------
*    This Report is being filed by the Trustee on behalf of the Trust Fund.
     The Trust Fund does not have any officers or directors.


<PAGE>



                                 EXHIBIT INDEX

                                                                      Sequential
Exhibit  Document                                                    Page Number
-----------------                                                    -----------

3(i)      Company's Certificate of Incorporation (Filed as an Exhibit to
          Registration Statement on Form S-11 (File No. 33-63714)) *

3(ii)     Company's By-laws (Filed as an Exhibit to Registration Statement on
          Form S-11 (File No. 33-63714)) *

4         Pooling and Servicing Agreement (Filed as part of the Company's
          Current Report on Form 8-K filed on November 13, 2000)  *

99.1      Annual Statement of the Master Servicer.............................12

99.2      Annual Report of the Firm of Accountants............................14













---------------
*        Incorporated herein by reference.


<PAGE>






                                 Exhibit 99.1
                                 ------------

<PAGE>



INDYMAC BANK, F.S.B.


                             OFFICERS' CERTIFICATE
                    ANNUAL STATEMENT OF THE MASTER SERVICER

                                  CWMBS, INC.
                RESIDENTIAL ASSET SECURITIZATION TRUST 2000-A3
               MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2000-C

         The undersigned do hereby certify that they are each an officer of
IndyMac Bank, F.S.B (the "Master Servicer") and do hereby further certify
pursuant to Section 3.19 of the Pooling and Servicing Agreement for the
above-captioned Series (the "Agreement") that:

               (i)    A review of the activities of the Master Servicer during
               the preceding calendar year and of the performance of the
               Master Servicer under the Agreement has been made under our
               supervision;

               (ii)   To the best of our knowledge, based on such review, the
               Master Servicer has fulfilled all its obligations under the
               Agreement throughout such year; and

               (iii)  To the best of our knowledge, each Servicer has fulfilled
               all its obligations under its Servicing Agreement throughout
               such year (capitalized terms used in this subparagraph (iii)
               shall have the meanings assigned to such terms in the
               Agreement).



/s/ S. Blair Abernathy                               Dated: 3/26/01

S. BLAIR ABERNATHY
EXECUTIVE VICE PRESIDENT


/s/ John Kim                                         Dated: 3/26/01

JOHN KIM
VICE PRESIDENT


<PAGE>






                                 Exhibit 99.2
                                 ------------

<PAGE>



              REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS

         IndyMac, Inc.

         We have examined management's assertion about IndyMac Bancorp, Inc.'s
         compliance with the minimum servicing standards identified in the
         Mortgage Bankers Association of America's Uniform Single Attestation
         Program for Mortgage Bankers (USAP) as of and for the year ended
         December 31, 2000, included in the accompanying management assertion.
         Management is responsible for IndyMac Bancorp, Inc.'s compliance with
         those minimum servicing standards. Our responsibility is to express
         an opinion on management's assertion about the entity's compliance
         based on our examination.

         Our examination was made in accordance with standards established by
         the American Institute of Certified Public Accountants and,
         accordingly, included examining, on a test basis, evidence about
         IndyMac Bancorp, Inc.'s compliance with the minimum servicing
         standards and performing such other procedures as we considered
         necessary in the circumstances. We believe that our examination
         provides a reasonable basis for our opinion. Our examination does not
         provide a legal determination on IndyMac Bancorp, Inc.'s compliance
         with the minimum servicing standards.

         In our opinion, management's assertion that IndyMac Bancorp, Inc.
         complied with the aforementioned minimum servicing standards as of
         and for the year ended December 31, 2000 is fairly stated, in all
         material respects.

         /s/   Grant Thornton LLP

         Los Angeles, California
         March 26, 2001


<PAGE>



                                                                [LOGO] IndyMac

         March 26, 2000


         Grant Thornton LLP
         1000 Wilshire Blvd., Suite 700
         Los Angeles, CA  90017


                            Management's Assertion

         As of and for the year ended December 31, 2000, IndyMac Bank, F.S.B.
         has complied in all material respects with the minimum servicing
         standards, in its capacity as a master servicer, as set forth in the
         Mortgage Bankers Association of America's Uniform Single Attestation
         Program for Mortgage Bankers. As of and for the year ended December
         31, 2000, IndyMac had in effect fidelity bond and mortgage impairment
         errors and omissions policies in the amounts of $30,000,000 and
         $10,000,000, respectively.

         Very truly yours,
         IndyMac Bank, F.S.B.

         /s/   Richard Wohl
         -----------------------------------------------------------------------
         Richard Wohl      President and Chief Operating Officer


         /s/   Carmella Grahn
         -----------------------------------------------------------------------
         Carmella Grahn    Executive Vice President and Chief Financial Officer











                                                   155 North Lake Avenue
                                                   Pasadena, California 91101
                                                   Telephone: 800.669.2300
                                                   http://www.indymac.com