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): 19-May-99
DLJ MORTGAGE ACCEPTANCE CORP.,
First Nationwide Trust Series 1999-3
Mortgage Pass-Through Certificates
(Exact name of registrant as specified in its charter)
Delaware 333-59691 13-3460894
(State or Other (Commission (I.R.S. Employer
Jurisdiction File Number) Identification No.)
of Incorporation)
277 Park Avenue
New York, New York 10172
(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code (212) 839-5300
Item 5. Other Events.
On behalf of DLJ Mortgage Acceptance Corp, First Nationwide
Trust Series 1999-3, Mortgage Pass-Through Certificates, a Trust
created pursuant to the Pooling and Servicing Agreement, dated
April 1, 1999 by The First National Bank of Chicago, as trustee
for the Trust, the Trustee has caused to be filed with the
Commission, the Monthly Report dated 19-May-99
The Monthly Report is filed pursuant to and in
accordance with (1) numerous no-action letters (2) current
Commission policy in the area. The filing of the Monthly
Report will occur subsequent to each monthly distribution
to the holders of the Certificates, Due April 25, 2029.
A. Monthly Report Information:
See Exhibit No. 1
B. Have any deficiencies occurred? NO.
Date:
Amount:
C. Item 1: Legal Proceedings: NONE
D. Item 2: Changes in Securities: NONE
E. Item 4: Submission of Matters to a Vote of Certifi-
catholders: NONE
F. Item 5: Other Information - Form 10-Q, Part II -
Items 1,2,4,5 if applicable: NOT APPLICABLE
Item 7. Monthly Statementsand Exhibits
Information and Exhibits.
Exhibit No. 1
First Nationwide Trust Series 1999-3
Mortgage Pass-Through Certificates
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY
Beginning Principal Remaining Distribution
Class Balance Principal Interest Loss Balance Date
IPP-A 391989639 339249 2123277 0 391650390 19-May-99
IIPP-A-1 95867000 266831 519280 0 95600169 19-May-99
IIPP-A-2 22364000 0 121138 0 22364000 19-May-99
IIPP-A-3 13136228 0 71155 0 13136228 19-May-99
III-A-1 55325000 326496 311203 0 54998504 25-May-99
III-A-2 7605000 0 42778 0 7605000 25-May-99
III-A-3 28332535 0 159371 0 28332535 25-May-99
III-A-4 172475000 1110151 941426 0 171364849 25-May-99
III-A-5 19632000 376972 110430 0 19255028 25-May-99
III-A-6 5110370 N/A 28746 0 5077477 25-May-99
II-P 18655 17 0 0 18638 19-May-99
III-P 320538 289 0 0 320249 25-May-99
III-X 16981792 N/A 95523 0 16688814 25-May-99
C-B-1 9802000 8197 53094 0 9793803 19-May-99
C-B-2 4902621 4100 26556 0 4898521 19-May-99
C-B-3 2178463 1822 11800 0 2176641 19-May-99
C-B-4 1906155 1594 10325 0 1904561 19-May-99
C-B-5 1089231 911 5900 0 1088320 19-May-99
C-B-6 1361540 1139 7375 0 1360402 19-May-99
III-B-1 10676000 7272 60053 0 10668728 25-May-99
III-B-2 4576155 3117 25741 0 4573038 25-May-99
III-B-3 2287823 1558 12869 0 2286265 25-May-99
III-B-4 1677737 1143 9437 0 1676594 25-May-99
III-B-5 610086 416 3432 0 609670 25-May-99
III-B-6 1525216 1039 8579 0 1524177 25-May-99
A-R 100 100 1 0 0
TOTAL: 849658723 2452411 4759488 0 847206312
Beginning
Current Prin Principal Remaining Distribution
Class Amount DistributionInterest Balance Date
IPP-A 1000.00000 0.86545 5.41667 999.13455 19-May-99
IIPP-A-1 1000.00000 2.78335 5.41667 997.21665 19-May-99
IIPP-A-2 1000.00000 0.00000 5.41667 1000.00000 19-May-99
IIPP-A-3 1000.00000 0.00000 5.41667 1000.00000 19-May-99
III-A-1 1000.00000 5.90142 5.62500 994.09858 25-May-99
III-A-2 1000.00000 0.00000 5.62500 1000.00000 25-May-99
III-A-3 1000.00000 0.00000 5.62500 1000.00000 25-May-99
III-A-4 1000.00000 6.43659 5.45833 993.56341 25-May-99
III-A-5 1000.00000 19.20189 5.62500 980.79811 25-May-99
III-A-6 1000.00000 0.00000 5.62500 993.56348 25-May-99
II-P 1000.00000 0.91182 0.00000 999.08818 19-May-99
III-P 1000.00000 0.90142 0.00000 999.09858 25-May-99
III-X 1000.00000 0.00000 5.62500 982.74752 25-May-99
C-B-1 1000.00000 0.83624 5.41667 999.16376 19-May-99
C-B-2 1000.00000 0.83624 5.41667 999.16376 19-May-99
C-B-3 1000.00000 0.83624 5.41667 999.16376 19-May-99
C-B-4 1000.00000 0.83624 5.41667 999.16376 19-May-99
C-B-5 1000.00000 0.83624 5.41667 999.16376 19-May-99
C-B-6 1000.00000 0.83624 5.41667 999.16376 19-May-99
III-B-1 1000.00000 0.68113 5.62500 999.31887 25-May-99
III-B-2 1000.00000 0.68113 5.62500 999.31887 25-May-99
III-B-3 1000.00000 0.68113 5.62500 999.31887 25-May-99
III-B-4 1000.00000 0.68113 5.62500 999.31887 25-May-99
III-B-5 1000.00000 0.68113 5.62499 999.31887 25-May-99
III-B-6 1000.00000 0.68113 5.62500 999.31887 25-May-99
A-R 100.00000 100.00000 1.05000 0.00000
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 hereunto duly authorized.
DLJ MORTGAGE ACCEPTANCE CORP.
By: /s/ Mary Fonti
Name: Mary Fonti
Title: Trust Officer
The First National Bank of Chicago
Dated: 31-May-99
