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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): January 11, 2001
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
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(Exact name of registrant as specified in its charter)
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Delaware 333-96403 33-0727357
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(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification Number)
3 Ada
Irvine, California 92618
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (949) 790-8100
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Item 2. Acquisition or Disposition of Assets
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Description of the Certificates and the Mortgage Pool
On October 30, 2000, a single series of certificates, entitled
Option One Mortgage Loan Trust, Asset-Backed Certificates, Series 2000-4 (the
"Certificates"), were issued pursuant to a pooling and servicing agreement,
dated as of October 1, 2000 (the "Agreement"), amended by Amendment No. 1, dated
as of December 21, 2000, attached hereto as Exhibit 4.1, among Option Mortgage
Acceptance Corporation as depositor (the "Depositor"), Option One Mortgage
Corporation ("Option One") as master servicer (the "Master Servicer") and Wells
Fargo Bank Minnesota, N.A. as trustee (the "Trustee"). The Certificates consist
of seven classes of certificates (collectively, the "Certificates"), designated
as the "Class A Certificates", "Class M-1 Certificates", "Class M-2
Certificates", "Class M-3 Certificates", "Class C Certificates", "Class P
Certificates" and "Class R Certificates". The Certificates evidence in the
aggregate the entire beneficial ownership interest in a trust fund (the "Trust
Fund"), consisting of a pool of mortgage loans (the "Mortgage Pool") of
conventional, one- to four- family, adjustable rate, first lien mortgage loans
having original terms to maturity up to 30 years (the "Mortgage Loans"). The
Mortgage Pool consist of Mortgage Loans having an aggregate principal balance of
$70,272,512.90 as of October 1, 2000 (the "Cut-off Date"). The Mortgage Loans
were purchased pursuant to (i) the Mortgage Loan Purchase Agreements, dated
October 27, 2000, among Option One, Option One Owner Trust 2000-2 and Option One
Owner Trust 2000-3, as applicable, as sellers and the Depositor (the "Mortgage
Loan Purchase Agreements") and (ii) the Mortgage Loan Purchase Agreement, dated
October 27, 2000, between Option One and the Depositor (the "Option One Purchase
Agreement"). The Class A Certificates, the Class M-1 Certificates, the Class M-2
Certificates and the Class M-3 Certificates were sold by the Depositor to
Greenwich Capital Markets, Inc. (the "Underwriter"), pursuant to an Underwriting
Agreement, dated October 27, 2000 (the "Underwriting Agreement") among the
Depositor, Option One and the Underwriter.
Item 7. Financial Statements and Exhibits
(a) Not applicable
(b) Not applicable
(c) Exhibits
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Exhibit No. Description
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4.1 Amendment No. 1, dated as of December 21, 2000, by and
among Option One Mortgage Acceptance Corporation as
Depositor, Option One Mortgage Corporation as Master
Servicer and Wells Fargo Bank Minnesota, N.A. as
Trustee, to the Pooling and Servicing Agreement, dated
as of October 1, 2000, by and among Option One
Mortgage Acceptance Corporation as Depositor, Option
One Mortgage Corporation as Master Servicer and Wells
Fargo Bank Minnesota, N.A. as Trustee, relating to the
Series 2000-4 Certificates.
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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: January 11, 2001
OPTION ONE MORTGAGE
ACCEPTANCE CORPORATION
By: /s/ William O'Neill
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Name: William O'Neill
Title: Treasurer
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Index to Exhibits
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Sequentially
Exhibit No. Description Numbered Page
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4.1 Amendment No. 1, dated as of December 21, 7
2000, by and among Option One Mortgage Acceptance
Corporation as Depositor, Option One Mortgage
Corporation as Master Servicer and Wells Fargo Bank
Minnesota, N.A. as Trustee, to the Pooling and
Servicing Agreement, dated as of October 1, 2000, by
and among Option One Mortgage Acceptance Corporation
as Depositor, Option One Mortgage Corporation as
Master Servicer and Wells Fargo Bank Minnesota, N.A.
as Trustee, relating to the Series 2000-4
Certificates.
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