SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 15
Certification and Notice of Termination of Registration under
Section 12(g) of the Securities Exchange Act of 1934
or Suspension of Duty to File Reports Under
Sections 13 and 15(d) of the Securities Exchange Act of 1934
Commission File Number 33-76642
RAY ELLISON MORTGAGE ACCEPTANCE CORP.
(Exact name of registrant as specified in its charter)
4800 Fredericksburg Road
San Antonio, Texas 78229
(210) 308-1403
(Address, including zip code, and telephone number, including
area code, of registrant's principal executive offices)
GNMA Collateralized Bonds
(Title each class of securities covered by this Form)
None
(Titles of all other classes of securities for which a duty to
file reports under section 13(a) or 15(d) remains)
Please place an X in the box(es) to designate the appropriate
rule provision(s) relied upon to terminate or suspend the duty to
file reports:
Rule 12g-4(a)(1)(i) ( ) Rule 12h-3(b)(1)(ii) ( )
Rule 12g-4(a)(1)(ii) ( )
Rule 12g-4(a)(2)(i) ( ) Rule 12h-3(b)(2)(i) ( )
Rule 12g-4(a)(2)(ii) ( ) Rule 12h-3(b)(2)(ii) ( )
Rule 12h-3(b)(1)(i) ( ) Rule 15d-6 ( X)
Approximate number of holders of record as of the certification
or notice date: 1 holder of record, CEDE & CO.
(89 holders, looking through CEDE & CO., the nominee of the Depository
Trust Company and including the participating brokers for which
CEDE & CO. holds)
Pursuant to the requirements of the Securities Exchange Act of 1934
Ray Ellison Mortgage Acceptance Corp. has caused this
certification/notice to be signed on its behalf by the undersigned
duly authorized person.
RAY ELLISON MORTGAGE ACCEPTANCE CORP.
DATE: January 29, 1996
BY: Locksley Simmons
______________________________________
Locksley Simmons
Vice President and Chief Financial Officer
