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) March 15, 2001. OMI Trust 2000-C (Exact name of registrant as specified in charter) Nevada 333-72621-05 applied for ------------------------------------------------------------------------------- (State or other (Commission (IRS Employer jurisdiction of File Number) Identification No.) incorporation) c/o Wells Fargo Bank Minnesota, N.A. Attention: Lawrence Rossiter Sixth Street & Marquette Ave MAC N 9311-161 Minneapolis, Minnesota 55479 -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (612) 667-3529 -------------- -------------------------------------------------------------------------------- (Former name or former address, if changed since last report.) OMI Trust 2000-C Form 8-K Item 1. Changes in Control of Registrant. Not Applicable. Item 2. Acquisition or Disposition of Assets. Not Applicable. Item 3. Bankruptcy or Receivership. Not Applicable. Item 4. Changes in Registrant's Certifying Accountant. Not Applicable. Item 5. Other Events. OMI Trust 2000-C (the "Trust"), the issuer of the Oakwood Mortgage Investors, Inc. Manufactured Housing Contract Senior/Subordinated Pass-Through Certificates, Series 2000-C (the "Certificates"), makes monthly distributions to holders of the Certificates. The latest distribution was made on March 15, 2001. Oakwood Acceptance Corporation, as Servicer for the Trust, has prepared a monthly Remittance Report and delivered it to the Trustee. Remittance Report. . . . . . . . . . . . .Exhibit 20.1 Item 6. Resignations of Registrant's Directors. Not Applicable. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. Exhibits 20.1 Monthly Remittance Report relating to the Distribution Date occurring on March 15, 2001. Item 8. Change in Fiscal Year. Not Applicable. 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. OMI TRUST 2000-C, Registrant By: Oakwood Acceptance Corporation, as servicer March 23, 2001 Douglas R. Muir Vice President INDEX OF EXHIBITS Page of Sequentially Numbered Pages -------------------- 20.1 Monthly Remittance Report relating to Distribution Date occurring on March 15, 2001.......................................

Page of Sequentially Numbered Pages 20.1 Monthly Remittance Report relating to Distribution Date occurring on February 15, 2001..............................................................

Scheduled Principal Balance of Contracts ------------------------------------------------------------------------------------------------ Beginning Ending Principal Scheduled Prepaid Liquidated Pre-Funding Principal Balance Principal Principal Principal Balance ------------------------------------------------------------------------------------------------ 249,997,938.57 (475,391.93) (2,863,016.27) (167,678.10) 0.00 246,491,852.27 ================================================================================================ Scheduled Scheduled Amount Gross Servicing Pass Thru Liquidation Available for Total Interest Fee Interest Proceeds Distribution Distribution ---------------------------------------------------------------------------------------------------------------------------------- 2,513,725.45 208,331.62 2,305,393.83 109,031.64 0.00 5,961,165.29 0.00 5,961,165.29 ==================================================================================================================================

Certificate Account ------------------------------------------------------------------------------------------------------------------------------------ Beginning Deposits Investment Ending Balance Principal Interest Distributions Interest Balance ------------------------------------------------------------------------------------------------------------------------------------ 2,894,652.17 3,527,566.53 2,571,345.14 (6,393,036.70) 8,090.73 2,608,617.87 ====================================================================================================================================

Class B Crossover Test Test Met? --------------------------------------------------------------------------- --------------- (a) Remittance date on or after April 2005 N (b) Average 60 day Delinquency rate <= 5.5% Y (d) Cumulative losses do not exceed the following percent of the intitial principal balance of all Certificates Apr. 2005 - Sept. 2006 7% N Oct. 2006 - Sept. 2007 8% N Oct. 2007 - Mar. 2009 9.5% N April 2009 and After 10.5% N (e) Current realized loss ratio <= 3.00% Y (f) Does subordinated cert. percentage equal or exceed 56.840% of stated scheduled pool balance Beginning M balances 41,323,000.00 Beginning B balances 27,993,000.00 Overcollateralization 7,997,938.14 -------------------- 77,313,938.14 Divided by beginning pool balance 249,997,938.57 -------------------- 30.926% N ====================

Delinquency Analysis 31 to 59 days 60 to 89 days 90 days and Over No. of Principal Principal Principal Principal Loans Balance # Balance # Balance # Balance --------------------------------------------------------------------------------------------------------------- Excluding Repos 6,943 244,904,995.52 190 5,868,581.45 92 3,056,772.13 45 1,579,281.24 Repos 49 1,586,856.75 4 194,919.75 10 312,737.94 33 1,009,844.57 --------------------------------------------------------------------------------------------------------------- Total 6,992 246,491,852.27 194 6,063,501.20 102 3,369,510.07 78 2,589,125.81 =============================================================================================================== Repossession Analysis Active Repos Reversal Current Month Total Delinq. Outstanding (Redemption) Repos Cumulative Repos Principal Principal Principal Principal Principal # Balance # Balance # Balance # Balance # Balance ------------------------------------------------------------------------------------------------------------------------------------ 327 10,504,634.82 49 1,586,856.75 -2 (18,470.44) 21 696,900.24 58 1,810,011.05 47 1,517,502.26 --------------------------- 374 12,022,137.08 =========================== 5.3% 4.88% ============================

Liquidated Net Account Customer Principal Sales Insur. Total Repossession Liquidation Number Name Balance Proceeds Refunds Proceeds Expenses Proceeds ------------------------------------------------------------------------------------------------------------------------------------ 0097790 HERBERT M DALTON 10,574.31 18,000.00 0.00 18,000.00 6,315.00 11,685.00 0108696 CYNTHIA KELLY 9,741.08 3,000.00 0.00 3,000.00 660.00 2,340.00 0125633 AUBREY L THOMAS 9,299.51 10,500.00 0.00 10,500.00 6,090.00 4,410.00 0183905 JOHN A CROCKTON 10,989.74 3,650.00 0.00 3,650.00 660.00 2,990.00 2007672 DONALD JOINER JR 27,124.90 31,400.00 628.73 32,028.73 6,717.00 25,311.73 2295368 GEORGE A ROLAND JR 27,613.43 25,900.00 378.40 26,278.40 6,552.00 19,726.40 2230050 ERIC B DEESE 36,143.87 33,900.00 440.16 34,340.16 5,775.00 28,565.16 2262657 LILLIE BARELA 36,191.26 33,500.00 679.91 34,179.91 6,780.00 27,399.91 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 ----------------------------------------------------------------------------------------------- 167,678.10 159,850.00 2,127.20 161,977.20 39,549.00 122,428.20 =============================================================================================== Net Current Unrecov. FHA Insurance Pass Thru Period Net Cumulative Advances Coverage Proceeds Gain/(Loss) Gain/(Loss) --------------------------------------------------------------------------------------------- 1,481.91 0.00 10,203.09 (371.22) 1,233.89 0.00 1,106.11 (8,634.97) 754.70 0.00 3,655.30 (5,644.21) 1,294.33 0.00 1,695.67 (9,294.07) 2,303.82 0.00 23,007.91 (4,116.99) 2,024.33 0.00 17,702.07 (9,911.36) 1,957.86 0.00 26,607.30 (9,536.57) 2,345.72 0.00 25,054.19 (11,137.07) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 --------------------------------------------------------------------------- 13,396.56 0.00 109,031.64 (58,646.46) (73,164.18) =============================================================================================

PRINCIPAL Beginning Beginning Senior Original Certificate Certificate Principal Shortfall Current Principal Certificates Balance Balance Carry-Over Due ------------------------------------------------------------------------------------------------------------------------------------ A-1 189,284,000.00 170,719,284.41 0.00 3,506,086.30 ------------------------------------------------------------------------------------ Total Certificate Principal Bal. 189,284,000.00 170,719,284.41 0.00 3,506,086.30 ==================================================================================== Accelerated Ending Principal Principal Ending Principal Paid Current Shortfall Carry- Distribution Certificate Per $1,000 Principal Paid Over Amount Balance Pool Factor Denomination --------------------------------------- ----------------------------------------------- 3,506,086.30 0.00 613,641.48 166,599,556.63 88.01566% 21.76480 -------------------------------------------------------------------------------------------- 3,506,086.30 0.00 613,641.48 166,599,556.63 ============================================================================================

Beginning Beginning Subordinate Original Certificate Certificate Principal Shortfall Current Principal Certificates Balance Balance Carry-Over Due -------------------------------------------------------------------------------- M-1 26,660,000.00 26,660,000.00 0.00 0.00 M-1 Outstanding Writedown 0.00 M-2 14,663,000.00 14,663,000.00 0.00 0.00 M-2 Outstanding Writedown 0.00 B-1 13,330,000.00 13,330,000.00 0.00 0.00 B-1 Outstanding Writedown 0.00 B-2 14,663,000.00 14,663,000.00 0.00 0.00 B-2 Outstanding Writedown 0.00 Excess Asset Principal Balance 7,997,938.14 9,962,654.16 -------------------------------------------------------------------------------- Total Excluding Writedown Balances 77,313,938.14 79,278,654.16 0.00 0.00 ================================================================================ All Certificates Excluding Writedown Balances 266,597,938.14 249,997,938.57 0.00 3,506,086.30 ================================================================================ Accelerated Ending Principal Current Principal Ending Principal Paid Current Shortfall Carry- Writedown/ Distribution Certificate Per $1,000 Principal Paid Over (Writeup) Amount Balance Pool Factor Denomination -------------------------------------------------------------------------------------------------------- 0.00 0.00 0.00 26,660,000.00 100.00000% 0.00000 0.00 0.00 0.00 0.00 0.00 14,663,000.00 100.00000% 0.00000 0.00 0.00 0.00 0.00 0.00 13,330,000.00 100.00000% 0.00000 0.00 0.00 0.00 0.00 0.00 14,663,000.00 100.00000% 0.00000 0.00 0.00 (613,641.48) 10,576,295.64 ------------------------------------------------------------------------------------------------------ 0.00 0.00 0.00 (613,641.48) 79,892,295.64 ====================================================================================================== 3,506,086.30 0.00 0.00 0.00 246,491,852.27 ======================================================================================================

Current Interest Pass Beginning Carry- Carry-Over Ending Paid Per Senior Through Over Priority Current Priority Priority Interest Carry-Over 1000 Total Class Certificates Rate Interest Balance Interest Accrual Accrual Paid Balance Denomination Distribution --------------------------------------------------------------------------------------------------------------------- A-1 7.7200% 0.00 1,098,294.06 0.00 1,098,294.06 0.00 5.80236 5,218,021.84 ------------------------------------------------------------------------------- ------------ Total 0.00 1,098,294.06 0.00 1,098,294.06 0.00 5,218,021.84 =============================================================================== ============

Current Ending Pass Beginning Carry- Carry-Over Carry-Over Subordinate Through Over Priority Current Priority Priority Interest Priority Interest Priority Interest Certificates Rate Interest Balance Interest Accured Accured Paid Balance -------------------------------------------------------------------------------------------------------------- M-1 8.4900% 0.00 188,619.50 0.00 188,619.50 0.00 M-2 8.9000% 0.00 108,750.58 0.00 108,750.58 0.00 B-1 9.4200% 0.00 104,640.50 0.00 104,640.50 0.00 B-2 10.5000% 0.00 128,301.25 0.00 128,301.25 0.00 X 1,979,354.22 672,287.94 0.00 0.00 2,651,642.16 R 0.00 0.00 0.00 0.00 0.00 Service Fee 1.0000% 0.00 208,331.62 0.00 208,331.62 0.00 Current Trustee Fees 4,500.00 --------------------------------------------------------------------------------------------------- Total 1,979,354.22 1,410,931.39 0.00 743,143.45 2,651,642.16 =================================================================================================== All Certificates 1,979,354.22 2,509,225.45 0.00 1,841,437.51 2,651,642.16 =================================================================================================== Beginning Current Ending Interest Carry-Over Current Carry-Over Carry-Over Paid Per Writedown Writedown Writedown Writedown Writedown 1000 Total Class Int. Balance Int. Accrued Int. Accrued Interest Paid Int. Balance Denomination Distribution ------------------------------------------------------------------------------------------------------------------------------------ 0.00 0.00 0.00 0.00 0.00 7.07500 188,619.50 0.00 0.00 0.00 0.00 0.00 7.41667 108,750.58 0.00 0.00 0.00 0.00 0.00 7.85000 104,640.50 0.00 0.00 0.00 0.00 0.00 8.75000 128,301.25 0.00 0.00 208,331.62 4,500.00 ---------------------------------------------------------------------------------------- -------------------- 0.00 0.00 0.00 0.00 0.00 743,143.45 ======================================================================================== ==================== 0.00 0.00 0.00 0.00 0.00 5,961,165.29 ======================================================================================== ==================== Cumulative X Interest Shortfall 2,651,642.16 Cumulative Accelerated Prin. Disb. (2,578,477.98) -------------------- Cumulative Losses 73,164.18 ====================

Filing Compare · OMI TRUST 2000-C