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: 333-84365-06
                                             ------------

                                  CWABS, Inc.
      Revolving Home Equity Loan Asset Backed Certificates, Series 2000-B
      -------------------------------------------------------------------
            (Exact name of Registrant as specified in its charter)


           Delaware                                  95-4596514
--------------------------------          ------------------------------------
(State or other jurisdiction of           (IRS Employer Identification Number)
incorporation or organization)

c/o      Bank One, National Association
         1 Bank One Plaza
         Suite IL1-0126
         Chicago, Illinois                                  60670
-----------------------------------------      -------------------------------
(Address of principal executive offices)                 (Zip Code)

Registrant's telephone number, including area code:   (312) 407-1902
                                                      --------------

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 (Section 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
                                           --------------

State 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 which issued the CWABS, Inc., Revolving Home Equity Loan Asset
Backed Certificates, Series 2000-B (the "Trust Fund") formed pursuant to the
pooling and servicing agreement dated as of May 25, 2000 (the "Pooling and
Servicing Agreement") among CWABS, Inc., as depositor (the "Company"),
Countrywide Home Loans, Inc., as seller and master servicer (the "Master
Servicer"), and Bank One, National Association, as trustee (the "Trustee"),
for the issuance of the CWABS, Inc., Revolving Home Equity Loan Asset Backed
Certificates, Series 2000-B (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 by the Commission to
other companies in similar circumstances, including, but not limited to, the
relief granted to CWMBS, Inc. (February 3, 1994) (collectively, the "Relief
Letters").

<PAGE>

                                    PART I


ITEM 1.  BUSINESS

         Not applicable in reliance on the Relief Letters.

ITEM 2.  PROPERTIES

         Not applicable in reliance on the Relief Letters.

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)  At 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 in reliance on the Relief Letters.

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

         Not applicable in reliance on the Relief Letters.

ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

         Not applicable.

ITEM 8.  FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

         Not applicable in reliance on the Relief Letters.

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 in reliance on the Relief Letters.

ITEM 11. EXECUTIVE COMPENSATION

         Not applicable.  See the Relief Letters.

ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

         (a)  Not applicable in reliance on the Relief Letters.

         (b)  Not applicable in reliance on the Relief Letters.

         (c)  Not applicable in reliance on the Relief Letters.

ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

         (a)  Not applicable in reliance on the Relief Letters.

<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 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").
                    The Master Servicer is also required 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"). The Annual Statement of the Master
                    Servicer is included as Exhibit 99.1 to this Report. The
                    Annual Report of the Firm of Accountants is required to be
                    delivered on or before May 31 of each year, beginning May
                    31, 2001. The Registrant hereby undertakes to file the
                    Annual Report of the Firm of Accountants as an Exhibit to
                    a Form 10-K/A amending this Form 10-K promptly following
                    the date on which such report becomes available.

          (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-3 (File No. 33-11095)).

                              Exhibit 3(ii): Copy of Company's By-laws (Filed
                    as an Exhibit to Registration Statement on Form S-3 (File
                    No. 33-11095)).

                              Exhibit 4: Pooling and Servicing Agreement
                    (Filed as part of the Registrant's Current Report on Form
                    8-K dated June 14, 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 quarter ending
          December 31, 2000:

              Date                              Items Reported
              ----                              --------------
      October 16, 2000              Monthly Report sent to certificateholders
                                    with the October 2000 distribution
      November 15, 2000             Monthly Report sent to certificateholders
                                    with the November 2000 distribution
      December 15, 2000             Monthly Report sent to certificateholders
                                    with the December 2000 distribution


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

          (d)  Not applicable.  See the Relief Letters.

     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 Letters.

<PAGE>

                                  SIGNATURES

     Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, as amended, the Registrant has duly caused this Annual
Report on Form 10-K to be signed on its behalf by the undersigned, thereunto
duly authorized.

                            CWABS, INC.,
                            REVOLVING HOME EQUITY LOAN ASSET BACKED
                            CERTIFICATES, SERIES 2000-B

                            By:  Bank One, National Association,
                                 as Trustee*


                            By:  /s/ Barbara G. Grosse
                                 ---------------------------------------------
                                 Name:  Barbara G. Grosse
                                 Title: Vice President and Assistant Secretary

                            Date: March __, 2001









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*    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-3
         (File No. 33-11095))  *

3(ii)          Company's By-laws (Filed as an Exhibit to
         Registration Statement on Form S-3 (File No. 33-11095)) *

4              Pooling and Servicing Agreement (Filed as part of
         the Company's Current Report on Form 8-K dated June
         14, 2000) *

99.1     Annual Statement of the Master Servicer..........................11










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*    Incorporated herein by reference.

<PAGE>

                                 EXHIBIT 99.1

<PAGE>

                         COUNTRYWIDE HOME LOANS, INC.


                             OFFICERS' CERTIFICATE
                    ANNUAL STATEMENT OF THE MASTER SERVICER


                                  CWABS, INC.
                          REVOLVING HOME EQUITY LOAN
                   ASSET BACKED CERTIFICATES, SERIES 2000-B


     The undersigned do hereby certify that they are each an officer of
Countrywide Home Loans, Inc. (the "Master Servicer") and do hereby further
certify pursuant to Section 3.09 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 fiscal year and of the performance of the Master Servicer
     under the Agreement has been made under our supervision; and

     (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.




/s/ Thomas H. Boone                                  Dated:  March __, 2001
---------------------------
Name:  Thomas H. Boone
Title: Managing Director,
         Portfolio Management




/s/ Michael Muir                                     Dated:  March __, 2001
------------------------
Name:  Michael Muir
Title: Senior Vice President