UNION PLANTERS MORT FIN CORP PAS THRU CERT SE 2000 1
8-K, 2001-01-05
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): July 25, 2000

                                       UP

                                  (Depositor)

   (Issuer in respect of Union Planters Mortgage Finance Corp. 2000-1, SERIES

                (Exact name of registrant as specified in charter)

Delaware                      333-35471-02                  62-0859006
(State or other               (Commission File No.)         (I.R.S. Employer
    jurisdiction of                                         Identification No.)
    organization)



7130 Goodlett Farms Parkway                                 38018
(Address of principal executive offices)                    (Zip Code)


Registrant's Telephone Number, including area code: (901) 580-6000

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



Item 5.  Other Events

                                       UP
                  Union Planters Mortgage Finance Corp. 2000-1
                                 SERIES 2000-1

On July 25, 2000, The Bank of New York, as Trustee for UP, Union Planters
Mortgage Finance Corp. 2000-1 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 July 1, 2000, among UP as Depositor, Union
Planters, 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  UP, Union Planters Mortgage Finance
                    Corp. 2000-1 SERIES 2000-1 relating to the distribution date
                    of  July  25,  2000  prepared  by  The  Bank of New York, as
                    Trustee  under  the Pooling and Servicing Agreement dated as
                    of July 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: July 25, 2000


                                       UP


                          By: /s/ Tricia O'Neill-Manella
                              ------------------------------
                          Name:   Tricia O'Neill-Manella
                                  Assistant Treasurer
                                  The Bank of New York,
                                  as Trustee



<PAGE>



                                 EXHIBIT INDEX



Exhibit


99                  Monthly Remittance Statement dated July 25, 2000




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