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: April 24, 1998
(Date of earliest event reported)
DLJ Mortgage Acceptance Corp.
(Exact name of registrant as specified in its charter)
DELAWARE 333-39325 13-3460894
(State or Other Juris- (Commission (I.R.S. Employer
diction of Incorporation) File Number) Identification No.)
277 PARK AVENUE, 9TH FLOOR, NEW YORK, NEW YORK 10172
(Address of Principal Executive Office) (Zip Code)
Registrant's telephone number, including area code:(212) 892-3000
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Item 5. OTHER EVENTS.
In May 1998, the Registrant will cause the issuance and sale
of Mortgage Pass- Through Certificates, Series 1998-2 (the
"Certificates") pursuant to a Trust Agreement to be dated as of May 1,
1998.
In connection with the sale of the Series 1998-2 Certificates
(the "DLJ Underwritten Certificates"), to Donaldson, Lufkin & Jenrette
Securities Corporation (the "Underwriter"), the Registrant has been
advised by the Underwriter that the Underwriter has furnished to
prospective investors certain computational materials (the
"Computational Materials") with respect to the Underwritten
Certificates following the effective date of Registration Statement No.
333-39325, which Computational Materials are being filed manually as
exhibits to this report.
The Computational Materials have been provided by the
Underwriter. The information in the Computational Materials is
preliminary and may be superseded by the Prospectus Supplement relating
to the Certificates and by any other information subsequently filed
with the Securities and Exchange Commission.
The Computational Materials consist of the first 99 pages (the
"Computational Materials") that appear after the Form SE cover sheet
and the page headed "NOTICE". THE UNDERWRITER HAS ADVISED THE
REGISTRANT THAT CERTAIN INFORMATION IN THE COMPUTATIONAL MATERIALS MAY
HAVE BEEN BASED ON ASSUMPTIONS THAT DIFFERED FROM THE FINAL POOL
INFORMATION.
The Computational Materials were prepared by the Underwriter
at the request of certain prospective investors, based on assumptions
provided by, and satisfying the special requirements of, such
prospective investors. The Computational Materials may be based on
assumptions that differ from the assumptions set forth in the
Prospectus Supplement. The Computational Materials may not include, and
do not purport to include, information based on assumptions
representing a complete set of possible scenarios. Accordingly, the
Computational Materials may not be relevant to or appropriate for
investors other than those specifically requesting them.
In addition, the actual characteristics and performance of the
mortgage loans underlying the Underwritten Certificates (the "Mortgage
Loans") may differ from the assumptions used in the Computational
Materials, which are hypothetical in nature and which were provided to
certain investors only to give a general sense of how the yield,
average life, duration, expected maturity, interest rate sensitivity
and cash flow characteristics of a particular class of Underwritten
Certificates might vary under varying prepayment and other scenarios.
Any difference between such assumptions and the actual
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characteristics and performance of the Mortgage Loans will affect the
actual yield, average life, duration, expected maturity, interest rate
sensitivity and cash flow characteristics of a particular class of
Underwritten Certificates.
Item 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(a) FINANCIAL STATEMENTS.
Not applicable.
(b) PRO FORMA FINANCIAL INFORMATION.
Not applicable.
(c) EXHIBITS
ITEM 601(A) OF
REGULATION S-K
EXHIBIT NO. EXHIBIT NO. DESCRIPTION
- ----------- ----------- -----------
1 99 Computational Materials
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Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on behalf of the
Registrant by the undersigned thereunto duly authorized.
DLJ MORTGAGE ACCEPTANCE CORP.
By: /s/Paul J. Najarian
----------------------------
Name: Paul J. Najarian
Title: Senior Vice President
Dated: April 24, 1998
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EXHIBIT INDEX
Item 601 (a) of Sequentially
Exhibit Regulation S-K Numbered
Number Exhibit No. Description Page
------ ----------- ----------- ----
1 99 Computational Materials Filed Manually
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EXHIBIT