SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 10-K

[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

[ ]     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  333-35026-04

                    STRUCTURED ASSET SECURITIES CORPORATION
             (Exact name of registrant as specified in its charter)

         Delaware                                             74-2440858
(State or other jurisdiction of                           I.R.S. Employer
incorporation or organization)                            Identification No.)


200 Vessey Street
New York, NY                                              10285
(Address of principal executive offices)                 (Zip Code)

Registrant's telephone number, including area code : (212) 526-5594

   Structured Asset Securities Corporation Mortgage Pass-Through Certificates
                                Series 2000-5
            (Title of each class of securities covered by this Form)

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

Indicate by check mark if disclosure of delinquent  filers  pursuant to Item 405
of Regulation  S-K 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. [X]

Documents incorporated by reference:  None



<PAGE>

Structured Asset Securities Corporation Mortgage Pass-Through Certificates
Series 2000-5
--------------------------------------------------------

PART I

Item 1.  Business

         Omitted.

Item 2.  Properties

         Omitted.

Item 3.  Legal Proceedings

     The Registrant is not aware of any material legal  proceeding  with respect
to a Pool, the Trustee, the Servicer or, Structured Asset Securities Corporation
with respect to a Pool, other than ordinary routine litigation incidental to the
duties of the  Trustee or  Servicer  under the  related  Trust Agreement.

Item 4.  Submission of Matters to a Vote of Security Holders

     No matter  was  submitted  to a vote or consent of holders of each Class of
Offered Certificates during the fiscal year covered by this report.

PART II

Item 5.  Market for Registrant's Common Equity and Related Stockholder Matters

     The Trust does not issue stock. There is currently no established secondary
market for the  Certificates.  As of December 31, 2000, the number of holders of
each Class of Offered Certificates was 28.

Item 6.  Selected Financial Data

         Omitted.

Item 7.  Management's Discussion and Analysis of Financial condition and
         Results of Operations

         Omitted.

Item 8.  Financial Statements and Supplementary Data

         Omitted.

Item 9.  Changes in and Disagreements with Accountants on Accounting and
         Financial Disclosure

     There was no change of accountants or disagreement  with accountants on any
matter of accounting principles or practices or financial disclosure.


<PAGE>

PART III

Item 10. Directors and Executive Officers of the Registrant

         Omitted.

Item 11. Executive Compensation

         Omitted.

Item 12. Security Ownership of Certain Beneficial Owners and Management

         Omitted.

Item 13. Certain Relationships and Related Transactions

         No reportable transactions have occurred.

PART IV

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

(a) The following documents are filed as part of this report:

    (1) Financial Statements:

         Omitted.

    (2)  Financial Statement Schedules:

         Omitted.

    (3)  Exhibits:

     Annual  Servicer  Statement of  Compliance, filed as Exhibit 99.1 hereto.
     Annual Statement of  Independent  Accountants Report for the Servicer,
        filed as Exhibit 99.2 hereto.

(b)  Reports on Form 8-K: The following  Current  Reports on Form 8-K were
     filed by the Registrant during the last quarter of 2000.

     Current Reports on Form 8-K, dated November 27, 2000 and
     December 26, 2000, were filed for the purpose of filing the Monthly
     Statement sent to the Holders of the Offered  Certificates for payments
     made on the same dates. The items reported in such Current Report
     were Item 5 (Other Events).

(c)   Exhibits to this report are listed in Item (14)(a)(3) above.


<PAGE>


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.


                                    THE CHASE MANHATTAN BANK,
                                    not in its individual capacity but solely
                                    as Trustee under the Agreement referred
                                    to herein


Date:  January 4, 2002          By: /s/ Karen Schluter
                                    -----------------------------------
                                        Karen Schluter
                                        Assistant Vice President





<PAGE>


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.

The  registrant  has not sent an annual report or proxy material to its security
holders.  The registrant  will not be sending an annual report or proxy material
to its security holders subsequent to the filing of this form.





                                 EXHIBIT INDEX

Exhibit     Description

 99.1       Annual Statement of Compliance
 99.2       Annual Independent Public Accountant's Servicing Report


<page>


EXHIBIT 99.1 - Servicer's Annual Statement of Compliance





Aurora Loan Services Inc.
Corporate Headquarters
2530 S. Parker Rd., Suite 601
Aurora, CO  80014


August 30, 2001

Capital Markets Fiduciary Services
The Chase Manhattan Bank
450 West 33rd Street, 14th Floor
New York, NY  10001-2697

RE:  SASCO Series 2000-5
     Annual Officer's Certificate as to Compliance

Dear Capital Markets Fiduciary Services Manager:

     The  undersigned  Officer  certifies  the  following  for the period ending
December 31, 2000:

     1. I have reviewed the  activities and  performance of the Master  Servicer
during the preceding  calendar year under the terms of the Trust  Agreements and
to the best of this Officer's  knowledge,  the Master Servicer has fulfilled all
of its duties, responsibilities or obligations under the Agreements;

     2. Based on said review and to the best of this  Officer's  knowledge,  the
Master  Servicer  is not in  default of its  obligations  under the terms of the
Trust  Agreements  in any  material  respect,  or, if there is a default  in the
fulfillment of its obligations, a description of each default or failure and the
nature and status thereof has been reported to this Officer;

     3. To the best of this Officer's knowledge,  nothing has arose to lead this
Officer to believe  that its  Servicer  has failed to perform any of its duties,
responsibilities  and  obligations  under its  Servicing  Agreement  during  the
preceding calendar year;

     4. To the best of this Officer's knowledge,  the Servicer is not in default
of its  obligations  under the terms of its Servicing  Agreement in any material
respect,  of, it there is a default in the  fulfillment  of its  obligations,  a
description  of each  default or failure  and the nature and status  thereof has
been reported to this Officer;

     5. The Master  Servicer has  received  from its  Servicer  such  Servicer's
annual  certificate  of compliance  and a copy of such  Servicer's  annual audit
report,  in each case to the  extent  required  under the  applicable  Servicing
Agreement.

Certified by:

/s/ E. Todd Whittemore
----------------------------
E. Todd Whittemore
Executive Vice President
Master Servicing Division


<page>


EXHIBIT 99.2 - Annual Independent Public Accountant's Servicing Report






Ernest & Young LLP
Suite 3300
370 17th Street
Denver, CO  80202-5663

Report of Independent Auditors

Board of Directors
Aurora Loan Services Inc.

     We have  audited the  accompanying  statements  of  financial  condition of
Aurora Loan Services Inc. (the  "Company") as of November 30, 2000 and 1999, and
the related statements of operations,  stockholder's  equity, and cash flows for
the years then ended.  These financial  statements are the responsibility of the
Company's  management.  Our  responsibility  is to  express  an opinion on these
financial statements based on our audits.

     We conducted our audits in accordance  with  auditing  standards  generally
accepted in the United States and the standards  applicable to financial  audits
contained in Government  Auditing  Standards,  issued bye Comptroller General of
the United States. Those standards require that we plan and perform the audit to
obtain reasonable  assurance about whether the financial  statements are free of
material  misstatement.  An audit includes  examining on a test basis,  evidence
supporting  the amounts and  disclosures in the financial  statements.  An audit
also includes assessing the accounting principles used and significant estimates
made by  management,  as well as  evaluating  the  overall  financial  statement
presentation.  We believe  that our audits  provide a  reasonable  basis for our
opinion.

     In our opinion,  the financial statements referred to above present fairly,
in all material  respects,  the financial position a November 30, 2000 and 1999,
and the results of its operations and its cash flows for the year then ended, in
conformity with accounting principles generally accepted in the United States.

     Our  audits  were  conducted  for the  purpose of forming an opinion on the
financial  statements  taken as a whole. The Schedule of GNMA Adjusted Net Worth
and GNMA Required Net Worth,  Schedule of GNMA Required Fidelity Bond and Errors
and Omissions Coverage and Computation of Adjusted Net Worth for Recertification
of  Nonsupervised  Mortgages other than Loan  Correspondents  as of November 30,
2000 are presented  for purposes of  additional  analysis and are not a required
part of the financial  statements.  Such  information  has been subjected to the
auditing procedures applied in our audit of the financial statements and, in our
opinion,  is fairly stated in all material respects in relation to the financial
statements taken as a whole.

     In accordance with Government Auditing  Standards,  we have issued a report
dated December 28, 2000 on our  consideration of the Company's  internal control
over financial  reporting and our tests of its compliance  with certain laws and
regulations.

Ernest & Young LLP

December 28, 2000