OPTION ONE MORTGAGE ACCEPTANCE CORP
8-K, 2000-10-30
ASSET-BACKED SECURITIES
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                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    Form 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                   Securities Exchange Act of 1934, as amended


       Date of Report (Date of earliest event reported): October 30, 2000


                   OPTION ONE MORTGAGE ACCEPTANCE CORPORATION

            (AS DEPOSITOR UNDER THE POOLING AND SERVICING AGREEMENT,
           DATED AS OF OCTOBER 1, 2000, PROVIDING FOR THE ISSUANCE OF
                    ASSET-BACKED CERTIFICATES, SERIES 2000-4)


                   Option One Mortgage Acceptance Corporation

             (Exact name of registrant as specified in its charter)
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           Delaware                  333-96403               33-0727357
-----------------------------      -------------         ----------------
(State or Other Jurisdiction        (Commission          (I.R.S. Employer
of Incorporation)                   File Number)         Identification Number)

3 Ada
Irvine, California                                               92618
---------------------------                                   --------
(Address of Principal                                        (Zip Code)
Executive Offices)

Registrant's telephone number, including area code:  (949) 790-8100
                                                     --------------

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                                       -2-


Item 5.  Other Events

Description of the Certificates and the Mortgage Pool

         As of the date hereof, Option One Mortgage Acceptance Corporation (the
"Registrant") has caused to be filed with the Securities and Exchange Commission
(the "Commission") pursuant to the Commission's Rule 424a Prospectus Supplement
to its Prospectus, dated April 20, 2000, in connection with the Registrant's
issuance of a series of certificates, entitled Option One Mortgage Loan Trust,
Asset-Backed Certificates, Series 2000-4 (the "Certificates"), to be issued
pursuant to a pooling and servicing agreement, dated as of October 1, 2000,
among the Registrant as depositor, Option One Mortgage Corporation as master
servicer and Wells Fargo Bank Minnesota, N.A. as trustee. The Certificates
designated as the Series 2000-4 Certificates will represent in the aggregate the
entire beneficial ownership interest in a trust fund (the "Trust Fund")
consisting primarily of a pool (the "Mortgage Pool") of conventional, one- to
four-family, fixed rate and adjustable rate, first lien and second lien mortgage
loans having original terms to maturity up to 30 years (the "Mortgage Loans").

Computational Materials

         Greenwich Capital Markets, Inc. (the "Underwriter") has advised the
Registrant that it has furnished to certain prospective purchasers of
Certificates certain materials, herein referred to as "Computational Materials",
in written form, which Computational Materials are in the nature of data tables
and term sheet information relating to the Mortgage Loans or other assets of the
Trust Fund, the structure of the Certificates and terms of certain classes of
Certificates, and the hypothetical characteristics and hypothetical performance
of certain classes of Certificates under certain assumptions and scenarios.

         The Computational Materials have been provided by the Underwriter. The
information in the Computational Materials is preliminary and will be superseded
by the Prospectus Supplement relating to the Certificates and by any other
information subsequently filed with the Commission.

         The Computational Materials were prepared by the Underwriter at the
request of certain prospective investors. The Computational Materials may be
based on information that differs from the information set forth in the
Prospectus Supplement.


<PAGE>


                                       -3-




Item 7.  Financial Statements and Exhibits

                  (a)      Not applicable

                  (b)      Not applicable

                  (c)      Exhibits



  Exhibit No.                            Description
  -----------                            -----------


      99.1         Computational Materials (as defined in Item 5) that have been
                   provided by Greenwich Capital Markets, Inc. to certain
                   prospective purchasers of Option One Mortgage Loan Trust
                   Asset-Backed Certificates, Series 2000-4



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                                   SIGNATURES


          Pursuant to the requirements 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.

Dated:  October 30, 2000

                                        OPTION ONE MORTGAGE ACCEPTANCE
                                        CORPORATION


                                        By:   /s/William L. O'Neill
                                           ---------------------------
                                        Name:    William L. O'Neill
                                        Title:   Treasurer



<PAGE>




                                Index to Exhibits
                                -----------------



                                                                   Sequentially
  Exhibit No.         Description                                 Numbered Page
  -----------        -----------                                 -------------
      99.1     Computational Materials (as defined in Item 5)         P
               that have been provided by Greenwich Capital
               Markets, Inc. to certain prospective purchasers of
               Option One Mortgage Loan Trust Asset-Backed
               Certificates, Series 2000-4


<PAGE>


                                       -6-

                                  EXHIBIT 99.1

                                 FILED BY PAPER




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