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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: November 22, 1995
(Date of earliest event reported)
(as depositor under a Pooling and Servicing Agreement dated as of
November 1, 1995, as amended, providing for, among other things,
the issuance of Mortgage Pass-Through Certificates, Series 1995-5)
DLJ Mortgage Acceptance Corp.
(Exact name of registrant as specified in its charter)
DELAWARE 33-77722 13-3460894
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
140 Broadway
New York, New York 10005
(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code, is (212) 504-3000
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Item 5. Other Events.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(a) Financial Statements.
The financial statements of Financial Guaranty Assurance
Inc. incorporated by reference in a Prospectus Supplement dated
November 22, 1995, relating to DLJ Mortgage Acceptance Corp.
Mortgage Pass-Through Certificates, Series 1995-5, Class A-1,
Class A-2, Class A-3 and Class S were included in reliance upon
the reports of Coopers & Lybrand given upon the authority of such
firm as an expert in accounting and auditing. The consent of the
use of such report is attached hereto as Exhibit 1.
(b) Pro Forma Financial Information.
In connection with the issuance and sale by DLJ Mortgage
Acceptance Corp. (the "Company"), and the purchase by Donaldson,
Lufkin & Jenrette Securities Corporation ("DLJSC") pursuant to an
Underwriting Agreement dated as of November 22, 1995 between the
Company and DLJSC, of the DLJ Mortgage Acceptance Corp. Mortgage
Pass-Through Certificates, Series 1995-5, Class A-1, Class A-2,
Class A-3 and Class S Certificates, issued pursuant to a Pooling
and Servicing Agreement dated as of November 1, 1995 among the
Company, as depositor, Imperial Credit Industries, Inc., as
master servicer, and Bankers Trust Company, as trustee, DLJSC
utilized the written information relating to the Class A
Certificates attached hereto as Exhibit 2 (the "Computational
Materials"). The Computational Materials are incorporated herein
by reference.
(c) Exhibits
Item 601(a) of
Regulation S-K
Exhibit No. Exhibit No. Description
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1 23 Accountant's Consent
2 99 Computational Materials
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SIGNATURE
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.
DLJ MORTGAGE ACCEPTANCE CORP.
By: /s/ N. Dante LaRocca
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Name: N. Dante LaRocca
Title: Senior Vice President
Dated: November 22, 1995
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EXHIBIT INDEX
Exhibit No. Description Page
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1 Consent of Coopers & Lybrand L.L.P. 6
2 Computational Materials P
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EXHIBIT 1
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CONSENT OF INDEPENDENT ACCOUNTANTS
We consent to the inclusion in the Prospectus Supplement to the
Prospectus dated November 22, 1995 of Registration Statement No. 33-77722
of our report dated February 1, 1995 on our audits of the consolidated
financial statements of MBIA Insurance Corporation and Subsidiaries
(formerly known as Municipal Bond Investors Assurance Corporation and
Subsidiaries). We also consent to the reference to our firm under the
caption "Experts."
/s/ Coopers & Lybrand L.L.P.
Coopers & Lybrand L.L.P.
November 22, 1995
New York, New York
