CWABS INC ASSET BACKED CERTIFICATES SERIES 2000-1
8-K, 2001-01-17
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

      Date of Report (Date of earliest event reported): November 25, 2000

                                     CWABS

                                  (Depositor)

        (Issuer in respect of Asset-Backed Certificates, Series 2000-1)

                (Exact name of registrant as specified in charter)

Delaware                      33-63714                      95-4449516
(State or other               (Commission File No.)         (I.R.S. Employer
    jurisdiction of                                         Identification No.)
    organization)



155 N. Lake Avenue, Pasadena, CA                            91110-7137
(Address of principal executive offices)                    (Zip Code)


Registrant's Telephone Number, including area code: (818)-304-4428

                                 Not Applicable
              (Former name, former address and former fiscal year,
                          if changed since last report)
<PAGE>



Item 5.  Other Events

                                     CWABS
                           Asset-Backed Certificates
                                 Series 2000-1

On November 25, 2000, The Bank of New York, as Trustee for CWABS, Asset-Backed
Certificates Series 2000-1, made a monthly distribution to Certificate holders
of principal and/or interest pursuant to the Pooling and Servicing Agreement,
dated as of February 1, 2000, among CWABS as Depositor, CWABS, Inc., Seller and
Master Servicer and The Bank of New York, as Trustee.

Item 7.  Financial Statements and Exhibits

                    (c) Exhibits

Exhibit No.                               Description

99                  Report to Holders of CWABS, Asset-Backed Certificates Series
                    2000-1  relating  to  the  distribution date of November 25,
                    2000  prepared by The Bank of New York, as Trustee under the
                    Pooling  and  Servicing  Agreement  dated  as of February 1,
                    2000.



<PAGE>



                                   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: November 25, 2000


                                     CWABS


                          By: /s/ Courtney Bartholomew
                              ------------------------------
                          Name:   Courtney Bartholomew
                                  Assistant Treasurer
                                  The Bank of New York,
                                  as Trustee



<PAGE>



                                 EXHIBIT INDEX



Exhibit


99                  Monthly Remittance Statement dated November 25, 2000




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