SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                   FORM 10-K/A
                                 Amendment No.1


(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


      Commission File No.:   333-96001-01

                    Delta Funding Corporation
                    Home Equity Loan Asset-Backed Certificates
                    Series 2000-1 Trust
        (Exact name of registrant as specified in its charter)

                                   11-3583069
                                   11-3617807
New York                           11-3583072
(State or other jurisdiction     (I.R.S. Employer
 of incorporation or              Identification  No.)
 organization)

c/o Wells Fargo Bank Minnesota, N.A.
9062 Old Annapolis Road
Columbia, Maryland                            21045
(Address of principal executive offices)     (ZIP Code)


Registrant's telephone number, including area code:
     (410) 884-2000

Securities to be registered pursuant to Section 12(b) of the Act:

     NONE

Securities to be registered pursuant to Section 12(g) of the Act:

     NONE

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 ___


This Amendment No. 1 on Form 10-K/A amends Item 14 of the original Annual Report
on Form 10-K (the  "Original  Form 10-K") filed on March 19, 2001, on behalf of
Delta Funding Corporation Series 2000-1 Trust established  pursuant to the
Pooling and Servicing Agreement among Delta Funding Corporation, as Seller and
Servicer, and Norwest Bank Minnesota, National Association, as Trustee, pursuant
to which the Delta Funding Corporation Series 2000-1 Trust registered under
the Securities Act of 1933 (the"Certificates") were issued.


Item 14 of the original Form 10K is amended in its entirety to read as follows:

Item 14.  Exhibits, Financial Statement Schedules, and Reports
          on Form 8-K.

          (a) Exhibits

              (99.1) Annual   Independent    Accountants'    Servicing   Reports
                     concerning servicing activities for the year ended December
                     31, 2000.

                     a)   Delta Funding Corporation <F1>

              (99.2) Report  of  Management   as  to  Compliance   with  Minimum
                     Servicing Standards for the year ended December 31, 2000.

                     a)   Delta Funding Corporation <F1>

              (99.3) Annual  Statements  of  Compliance  under the  Pooling  and
                     Servicing Agreements for the year ended December 31, 2000.

                     a)   Delta Funding Corporation <F1>

              (99.4) Aggregate Statement of Principal and Interest Distributions
                     to Certificate Holders. <F2>

            (b)  On October 23, 2000, November 28,  2000, and December 28, 2000,
                 reports  on Form 8-K  were  filed  by the  Company  in order to
                 provide the statements for the monthly distributions to holders
                 of the  Certificates.  No other  reports  on Form 8-K have been
                 filed  during the last  quarter  of the period  covered by this
                 report.

            (c) Not applicable.

            (d)  Omitted.

<F1>  Filed herewith.
<F2>  Previously filed.

                           SIGNATURE

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:

Delta Funding Corporation
Home Equity Loan Asset-Backed Certificates
Series 2000-1 trust

Signed:   Wells Fargo Bank Minnesota, N.A., as Trustee

By:   Beth Belfield, Assistant Vice President
By:  /s/  Beth Belfield, Assistant Vice President

Dated:  July 22, 2002


Exhibit Index

Exhibit No.

99.1      Annual Independent Accountants' Servicing Reports concerning servicing
          activities for the year ended December 31, 2000.

                     a)  Delta Funding Corporation  <F1>

99.2      Report of Management as to Compliance with Minimum Servicing Standards
          for the year ended December 31, 2000.

                     a)  Delta Funding Corporation  <F1>

99.3      Annual  Statements  of  Compliance  under the  Pooling  and  Servicing
          Agreements for the year ended December 31, 2000.

                     a)  Delta Funding Corporation  <F1>

99.4      Aggregate Statement of Principal and Interest Distributions to
          Certificate Holders.<F2>

<F1>  Filed herewith.
<F2>  Previously filed.



   EX-99.1 (a)

    KPMG   (logo)
    1305 Walt Whitman Road
    Suite 200
    Melville, NY 11747-4302



    Independent Accountants' Report


    The Board of Directors
    Delta Funding Corporation:


    We have examined management's assertion about Delta Funding Corporation's
    compliance with the minimum servicing standards set forth 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 Delta Funding Corporation'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 Delta Funding
    Corporation'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 Delta Funding
    Corporation's compliance with the minimum servicing standards.

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



    March 29, 2001







EX-99.2 (a)


March 29, 2001


Management Assertion

As of and for the year ended December 31, 2000, Delta Funding Corporation
has complied, in all material respects with the minimum servicing standards
set forth in the Mortgage Bankers Association of America's Uniform Single
Attestation Program for Mortgage Bankers (USAP). As of and for this same
period, Delta Funding Corporation had in effect an errors and omissions
policy in the amount of $10,000,000, and maintained a fidelity bond in the
amount of $5,000,000.

Hugh Miller
President and Chief Executive Officer

Richard Blass
Executive Vice President and Chief Financial Officer

Frank Pellegrin
Executive Vice President, Loan Servicing





EX-99.3 (a)


DELTA FUNDING CORPORATION

1000 WOODBURY ROAD
SUITE 200
WOODBURY, NEW YORK 11797
(516) 364-8500 . 1-800-225- 5335

March 22,2001

Ms. Jennifer Parrinello
Securities Analyst
Wells Fargo Bank Minnesota, N.A.
11000 Broken Land Parkway
Columbia, MD 21044-3562

Re:     Compliance Certificate
        Delta 2000-1

Dear Ms. Parrinello:

The following statement is a Certificate of Compliance as per Section 3.09
of the Pooling and Servicing Agreements.

A review of Delta Funding Corporation's performance under the company
documents during the year 2000 has been made under our supervision.

To the best of our knowledge Delta Funding Corporation has fulfilled all of
its obligations under the Agreement, as servicer.

The preceding should satisfactorily complete the Compliance Certificate.

Sincerely,


Hugh Miller     Lee Miller
President       Senior Vice President

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LICENSED MORTGAGE BANKERS - NEW YORK, CONNECTICUT, DELAWARE, FLORIDA,
ILLINOIS, INDIANA, MARYLAND, MICHIGAN, NEW JERSEY, OHIO, PENNSYLVANIA,
WASHINGTON, D.C., WISCONSIN