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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, as amended
Date of Report (Date of earliest event reported): February 18, 1998
DLJ MORTGAGE ACCEPTANCE CORP.
(AS DEPOSITOR UNDER THE POOLING AND SERVICING AGREEMENT,
DATED AS OF FEBRUARY 1, 1997, PROVIDING FOR THE ISSUANCE OF
CENTEX HOME EQUITY LOAN TRUST 1998-1, CENTEX HOME EQUITY
LOAN PASS-THROUGH CERTIFICATES, SERIES 1998-1)
DLJ MORTGAGE ACCEPTANCE CORP..
(Exact name of registrant as specified in its charter)
Delaware 333-39325 13-3460894
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(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification Number)
277 Park Avenue
NEW YORK, NEW YORK 10172
(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code: (212) 892-3000
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Item 5. OTHER EVENTS
Description of the Certificates and the Mortgage Pool
DLJ Mortgage Acceptance Corp. (the "Registrant") intends to file with
the Securities and Exchange Commission (the "Commission") pursuant to the
Commission's Rule 424 a Prospectus Supplement to its Prospectus, dated December
3, 1997, in connection with the Registrant's issuance of a series of
certificates, entitled Centex Home Equity Loan Trust 1998-1, Centex Home Equity
Loan Pass-Through Certificates, Series 1998-1 (the "Certificates"), to be issued
pursuant to a pooling and servicing agreement, dated as of February 1, 1998,
among the Registrant as depositor, Centex Credit Corporation d/b/a Centex Home
Equity Corporation as seller and servicer and Norwest Bank Minnesota, N.A. as
trustee. The Certificates designated as the Series 1998-1 Certificates will
represent in the aggregate the entire beneficial ownership in a trust fund (the
"Trust Fund") consisting primarily of a segregated pool of home equity loans
(the "Home Equity Loans").
Computational Materials
Donaldson, Lufkin & Jenrette Securities Corporation (the "Underwriter")
has advised the Registrant that it has furnished to certain prospective
purchasers of Certificates with certain materials, herein referred to as
"Computational Materials", in written form, which Computational Materials are in
the nature of data tables and term sheet information relating to the Home Equity
Loans or other assets of the Trust Fund, the structure of the Certificates and
terms of certain classes of Certificates, and the hypothetical characteristics
and hypothetical performance of certain classes of Certificates under certain
assumptions and scenarios.
The Computational Materials have been provided by the Underwriter. The
information in the Computational Materials is preliminary and will be superseded
by the Prospectus Supplement relating to the Certificates and by any other
information subsequently filed with the Commission.
The Computational Materials were prepared by the Underwriter at the
request of certain prospective investors. The Computational Materials may be
based on information that differs from the information set forth in the
Prospectus Supplement.
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Item 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Not applicable
(b) Not applicable
(c) Exhibits
Exhibit No. Description
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99.1 Computational Materials (as defined in Item 5) that
have been provided by Donaldson, Lufkin & Jenrette
Securities Corporation to certain prospective
purchasers of DLJ Mortgage Acceptance Corp.,
Centex Home Equity Loan Trust 1998-1, Centex
Home Equity Loan Pass-Through Certificates, Series
1998-1
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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.
Dated: February 20, 1998
DLJ MORTGAGE ACCEPTANCE CORP.
By: /s/ Paul J. Najarian
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Name: Paul J. Najarian
Title: Vice President
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INDEX TO EXHIBITS
Sequentially
Exhibit No. Description Numbered Page
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99.1 Computational Materials (as defined in Item 5) P
that have been provided by Donaldson, Lufkin &
Jenrette Securities Corporation to certain
prospective purchasers of DLJ Mortgage Acceptance
Corp., Centex Home Equity Loan Trust 1998-1, Centex
Home Equity Loan Pass-
Through Certificates, Series 1998-1
