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.:   333-14625-03

                         Option One Mortgage Loan Trust
                         Asset-Backed Certificates
                         Series 2000-1 Trust
        (Exact name of registrant as specified in its charter)



New York                           52-2220094    52-2220097
                                   52-2220095    52-2220099
(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 22, 2001, on behalf of
Option One Mortgage Loan Trust Series 2000-1 Trust established  pursuant to the
Pooling and Servicing Agreement among Option One Mortgage Acceptance Corporation
as Depositor, Option One Mortgage Corporation, as Master Servicer and Norwest
Bank Minnesota, National Association, as Trustee, pursuant to which the Option
One Mortgage Loan Trust 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)   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 November 8, 2000,  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.  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:

Option One Mortgage Loan Trust
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 23, 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 endded 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)
    Mortgage Corporation


    July 3, 2001

    Norwest Bank Minnesota NA
    11000 Broken Land Parkway
    Columbia, Maryland 21044
    Attention: Option One Series 2000-1
    Inv#627

    Norwest Bank Minnesota
    Sixth and Marquette
    Minneapolis, Minnesota 55479
    Attention: Option One Series 2000-1

    Moody's Investors Service, Inc.
    99 Church Street
    New York, NY 10048

    Duff & Phelps Credit Rating Company
    17 State Street
    New York, NY 10004

    Pursuant to Section 3.20 of the Pooling and Servicing Agreement, dated and
    effective as of January 1,2000, (the "Agreement") among Option One Mortgage
    Acceptance Corporation, as Depositor, Option One Mortgage Corporation,  as
    Master Servicer and Norwest 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, 2000, 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, 2000, subject to any matters 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 Office * 3 Ada Road * Irvine * CA 92618-2304
Phone 949-790-8100 * Faxline 949-453-0199