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.:   333-84929-03

                        First Franklin Mortgage Loan Trust
                        Asset-Backed Certificates
                        Series 2000-FF1 Trust
             (Exact name of registrant as specified in its charter)


                                   52-2267463
New York                           52-2267464
(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 28, 2001,  on behalf of
First Franklin Mortgage Loan Trust Series 2000-FF1 Trust established  pursuant
to the Pooling and Servicing Agreement among Financial Asset Securities
Corporation, as Depositor, Option One Mortgage Corporation, as Master Servicer
and Wells Fargo Bank Minnesota, N.A., as Trustee pursuant to which the First
Franklin Mortgage Loan Trust Series 2000-FF1 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)   Option One  <F1>

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

                     a)   Option One  <F1>

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

                     a)   Option One  <F1>

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

            (b) On October 18, 2000, a report on Form 8-K was filed in order
                to provide the Pooling and Servicing Agreement for the
                Certificates.

                On December 11, 2000, and January 8, 2001 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.

            (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:

First Franklin Mortgage Loan Trust
Asset-Backed Certificates
Series 2000-FF1 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 16, 2002


Exhibit Index

Exhibit No.

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

                     a)   Option One  <F1>

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

                     a)   Option One  <F1>

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

                     a)   Option One  <F1>

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

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



EX-99.1 (a)

    PRICEWATERHOUSECOOPERS (logo)

    PricewaterhouseCoopers LLP
    4675 MacArthur Court Suite 1600
    Newport Beach CA 92660-9881
    Telephone (949) 251 7200
    Facsimile (949) 474 4382

                       Report of Independent Accountants

    To Option One Mortgage Corporation

    We have examined management's assertion about Option One Mortgage
    Corporation'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
    April 30, 2000 included in the accompanying management assertion.
    Management is responsible for Option One Mortgage Corporation's
    compliance with those minimum servicing standards. Our responsibility
    is to express and 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 Option One Mortgage
    Corporation's compliance with the minimum servicing standards 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 Option One
    Mortgage Corporation's compliance with the minimum servicing standards.

    In our opinion, management's assertion that Option One Mortgage Corporation
    complied with the aforementioned minimum servicing standards as of and for
    the year ended April 30, 2000 is fairly stated, in all material respects.



    Pricewaterhouse Coopers LLP
    June 12, 2000



EX-99.2  (a)

OPTION ONE   (logo)
MORTGAGE CORPORATION

Exhibit 1

Management Assertion

As of and for the period ended April 30, 2001, Option One Mortgage Corporation
(the Company) has complied in all material with the minimum servicing
standards set forth in the Mortgage Bankers Association of America's Uniform
Single Attestation Program for Mortgage Bankers.  As of and for this same
period, the Company had in effect a fidelity bond and errors and omissions
policy in the amount of $5, 000,000.


William L. O'Neill, CFO

June 15, 2001
Date




EX-99.3 (a)

OPTION ONE   (logo)

Wells Fargo Bank Minnesota, N.A.
11000 Broken Land Parkway
Columbia, MD 21044
Attention:  First Franklin MOrtgage Loan Trust Series 2000-FF1
INV#648

Wells Fargo Bank
Sixth and Marquette
Minneapolis, MN 55479
Attention: First Franklin Series 2000-FF1

Financial Asset Securities Corporation
600 Steamboat Road
Greenwich, CT 06830
Attention: Legal


Pursuant to Section 3.20 of the Pooling and Servicing Agrement, dated effective
as of October 1, 2000, ( the "Agreement") among Financial Asset Securities
Corporation, as Depositor, Option One Mortgage Corporation as Master Servicer,
and Wells Fargo Bank Minnesota, N.A., as Trustee, I certify that:

1. A review of the activities of the Master Servicer during the fiscal year
   ended April 30, 2001, and of performance under the aforementioned agreement
   has been made under my supervision.

2. To the best of my knowledge, based on such review, the Master Servicer has
   fulfilled all of its obligations under the Agreement during the fiscal year
   ended April 30, 2001, subject to any matter noted in the servicing report
   provided under Section 3.21 of the Agreement.


William L. O'Neill
Senior Vice President\ Chief Financial Officer
Option One Mortgage Corporation


CORPORATE OFFICES-3 ADA-IRVINE-CA 92618-2304
PHONE 949.453.0199