SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                   FORM 10-K/A
                                 Amendment No.1


(Mark One)

/     x / ANNUAL  REPORT  PURSUANT  TO  SECTION  13 OR  15(d) OF THE  SECURITIES
      EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2000 or

/   / TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
      SECURITIES EXCHANGE ACT OF 1934


      Commission File No.:   333-07219-03

               Accredited Mortgage Loan Trust
               Asset-Backed Notes
               Series 2000-1
        (Exact name of registrant as specified in its charter)

Delaware                           N/A
(State or other jurisdiction     (I.R.S. Employer
 of incorporation or              Identification  No.)
 organization)

c/o Wells Fargo Bank Minnesota, N.A.
9062 Old Annapolis Road
Columbia, Maryland                            21045
(Address of principal executive offices)     (ZIP Code)


Registrant's telephone number, including area code:
     (410) 884-2000

Securities to be registered pursuant to Section 12(b) of the Act:

     NONE

Securities to be registered pursuant to Section 12(g) of the Act:

     NONE

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days.

     Yes   X          No ___


This Amendment No. 1 on Form 10-K/A amends Item 14 of the original Annual Report
on Form 10-K (the "Original  Form 10-K") filed on March 22, 2001, on behalf of
Accredited Mortgage Loan Trust Series 2000-1 established pursuant to the Sale
and Servicing Agreement among Accredited Home Lenders,Inc. as Sponsor,
Accredited Mortgage Loan Trust 2000-1 as Issuer, Accredited Home Lenders Inc.
as Master Servicer, Advanta Mortgage Corp. USA as Backup Servicer and Norwest
Bank Minnesota as Indenture Trustee, pursuant to which the Accredited Home
Lenders Inc. Trust Series 2000-1 regestered under the Securities Act of 1933
(the "certificates") were issued.

Item 14 of the original Form 10K is amended in its entirety to read as follows:

Item 14.  Exhibits, Financial Statement Schedules, and Reports
          on Form 8-K.

          (a) Exhibits

              (99.1) Annual   Independent    Accountants'    Servicing   Reports
                     concerning servicing activities for the year ended December
                     31, 2000.

                     a)   Advanta 

              (99.2) Report  of  Management   as  to  Compliance   with  Minimum
                     Servicing Standards for the year ended December 31, 2000.

                     a)   Advanta 

              (99.3) Annual  Statements  of  Compliance  under the  Pooling  and
                     Servicing Agreements for the year ended December 31, 2000.

                     a)   Advanta 

              (99.4) Aggregate Statement of Principal and Interest Distributions
                     to Certificate Holders. 

            (b)  On November 8, 2000, December 11, 2000, and January 8, 2000,
                 reports  on Form 8-K  were  filed  by the  Company  in order to
                 provide the statements for the monthly distributions to holders
                 of the  Certificates.  No other  reports  on Form 8-K have been
                 filed  during the last  quarter  of the period  covered by this
                 report.

            (c) Not applicable.

            (d)  Omitted.

  Filed herewith.
  Previously filed.
  Such document is not filed herewith since document was not
      received by the reporting person.

                           SIGNATURE

Pursuant to the  requirements of Section 13 or 15(d) 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:

Accredited Mortgage Loan Trust
Asset- Backed Notes.
Series  2000-1

Signed:   Wells Fargo Bank Minnesota, N.A., as Indenture Trustee

By:   Beth Belfield, Assistant Vice President
By:  /s/  Beth Belfield, Assistant Vice President

Dated:  July 16, 2002


Exhibit Index

Exhibit No.

99.1      Annual Independent Accountants' Servicing Reports concerning servicing
          activities for the year ended December 31, 2000.

                     a)  Advanta 

99.2      Report of Management as to Compliance with Minimum Servicing Standards
          for the year ended December 31, 2000.

                     a)   Advanta 

99.3      Annual  Statements  of  Compliance  under the  Pooling  and  Servicing
          Agreements for the year ended December 31, 2000.

                     a)   Advanta 

99.4      Aggregate Statement of Principal and Interest Distributions to
          Certificate Holders.

  Filed herewith.
  Previously filed.
  Such document is not filed herewith since document was not
      received by the reporting person.


EX-99.1 (a)
   Annual Independant Accountant's Servicing Report
   ARTHUR ANDERSEN   (logo)

   REPORT OF INDEPENDENT PUBLIC ACCOUNTANTS

   To Advanta Mortgage Corp. USA:

    We have examined management's assertion, included in the accompanying Report
    of Management on Compliance with Minimum Servicing Standards, that
    Advanta Mortgage Corp. USA, an indirect wholly-owned subsidiary of Advanta
    Corp., complied with the minimum servicing standards identified in the
    Mortgage Bankers Association of America's Uniform Single Attestation Program
    for Mortgage  Bankers  (USAP) and that  Advanta  Mortgage  Corp.  USA had in
    effect fidelity bond coverage in the amount of $15 million and errors and
    omissions coverage in the amount of $5 million  per  occurrence  as of and
    during the year ended  December  31, 2000.  Management  is  responsible  for
    Advanta Mortgage  Corp.  USA's compliance with those minimum servicing
    standards and for maintaining a fidelity bond and errors and omissions
    policy.  Our responsibility is to express an opinion on management's
    assertion about Advanta Mortgage Corp.  USA's compliance based on our
    examination.

    Our  examination  was made in accordance  with standards  established by the
    American Institute of Certified Public Accountants and, accordingly,
    included examining, on a test basis, evidence about Advanta Mortgage Corp.
    USA's compliance with the minimum  servicing  standards and performing such
    other procedures as we considered necessary in the circumstances. We believe
    that our examination provides a reasonable basis for our opinion.  Our
    examination does not provide a legal determination on Advanta Mortgage Corp.
    USA's compliance with the minimum servicing standards.

    In our opinion, management's assertion that Advanta Mortgage Corp.  USA
    complied with the aforementioned minimum servicing standards and that
    Advanta Mortgage Corp.  USA had in effect fidelity bond coverage in the
    amount of $15 million and errors and omissions; coverage in the amount of
    $5 million per occurrence as of and during the year ended December 31, 2000
    is fairly stated, in all material respects.

    Arthur Andersen
    Philadelphia, PA
    March 27,2001




EX-99.2 (a)
   Report of Management

   ADVANTA (LOGO)

   Advanta
   Mortgage
   Welsh & McKean Roads
   P.O. Box 918
   Spring House, PA 19477-0918
   215-323-4900

   Report of Management on Compliance with Minimum Servicing Standards


       As of and during the year ended December 31, 2000, Advanta Mortgage Corp.
       USA has complied in all material respects with the minimum servicing
       standards set forth in the Mortgage Bankers Association of America's
       Uniform Single Attestation Program for Mortgage Bankers. As of and during
       the same period, Advanta Mortgage Corp. USA had in effect fidelity bond
       coverage in the amount of $15 million and errors and omissions coverage
       in the amount of $5 million per occurrence.

       John H.Berens                   James L. Shreero
       Senior Vice President           Senior Vice President and Chief Financial
       Loan Servicing                  Officer



       EQUAL HOUSING LENDER   (logo)
       Advanta Mortgage USA is a Division of Advanta National Bank