PROSPECTUS SUPPLEMENT
(TO PROSPECTUS SUPPLEMENT DATED APRIL 20, 2000 AND PROSPECTUS DATED APRIL 20,
2000)
$17,009,300 NOTIONAL AMOUNT (APPROXIMATE)
CLASS S CERTIFICATES
OPTION ONE MORTGAGE LOAN TRUST 2000-2
ASSET-BACKED CERTIFICATES, SERIES 2000-2
OPTION ONE MORTGAGE ACCEPTANCE CORPORATION
DEPOSITOR
------------------------------
OPTION ONE MORTGAGE CORPORATION
SELLER AND MASTER SERVICER
------------------------------
CAPITALIZED TERMS USED HEREIN AND NOT OTHERWISE DEFINED HEREIN HAVE THE MEANINGS
ASSIGNED IN THE PROSPECTUS SUPPLEMENT DATED APRIL 20, 2000.
<TABLE>
<CAPTION>
ORIGINAL NOTIONAL PASS THROUGH UNDERWRITING PROCEEDS TO
CLASS AMOUNT RATE PRICE TO PUBLIC(2) DISCOUNT THE DEPOSITOR
----- ------ ---- ------------------ -------- -------------
<S> <C> <C> <C> <C> <C>
Class S........... $17,009,300 Variable(1) 5.53125% 0.25% 5.28125%
</TABLE>
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(1) Determined as provided herein.
(2) Plus accrued interest from April 1, 2000.
This supplement may be used to offer or sell the Class S Certificates only if
accompanied by the prospectus supplement and prospectus.
The Class S Certificates will be offered pursuant to a Class S Underwriting
Agreement among the Depositor, the Seller and Greenwich Capital Markets, Inc.
("Greenwich Capital"). Greenwich Capital and any dealers that may participate
with Greenwich Capital in the resale of the Class S Certificates may receive
compensation from the Depositor in the form of discounts or commissions or, in
the case of dealers, compensation from Greenwich Capital in the form of
discounts, concessions or commissions. The Class S Underwriting Agreement
provides that the Depositor will indemnify Greenwich Capital against certain
civil liabilities under the Securities Act of 1933, as amended, or contribute to
payments required to be made in respect thereof. There is currently no secondary
market for the Class S Certificates. There can be no assurance that an active
secondary market will develop, or if it does develop, that it will continue.
Delivery of the Class S Certificates will be made in definitive, fully
registered form and delivered to investors or their designees on or about April
26, 2000.
Dealers will deliver a prospectus supplement and prospectus when acting as
underwriters of the Asset-Backed Certificates, Series 2000-2 and with respect to
their unsold allotments or subscriptions. In addition, all dealers selling the
Asset-Backed Certificates, Series 2000-2 will be required to deliver a
prospectus supplement and prospectus for ninety days following the date of this
prospectus supplement.
GREENWICH CAPITAL
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April 26, 2000
