DLJ MORTGAGE ACCEPTANCE CORP
8-K, 1999-08-26
ASSET-BACKED SECURITIES
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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 (Date of earliest Event
                          Reported): August 26, 1999

            DLJ MORTGAGE ACCEPTANCE CORP., (as depositor under the
                   Pooling and Servicing Agreement, dated as
             of August 1, 1999, providing for the issuance of the
                        DLJ MORTGAGE ACCEPTANCE CORP.,
                     First Nationwide Trust Series 1999-4
              Mortgage Pass-Through Certificates, Series 1999-4).

                         DLJ MORTGAGE ACCEPTANCE CORP.
            (Exact name of registrant as specified in its charter)

         Delaware                   333-75921               13-3460894
- ----------------------------       -------------       -------------------
(State or Other Jurisdiction       (Commission           (I.R.S. Employer
     of Incorporation)              File Number)         Identification No.)

  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.

Filing of Computational Materials

     Pursuant to Rule 424(b) under the Securities Act of 1933, concurrently
with, or subsequent to, the filing of this Current Report on Form 8-K (the
"Form 8-K"), DLJ Mortgage Acceptance Corp., Inc. (the "Company") is filing a
prospectus and prospectus supplement with the Securities and Exchange
Commission relating to its Mortgage Pass-Through Certificates, Series 1999-4

     In connection with the offering of the Mortgage Pass-Through
Certificates, Series 1999-4, Donaldson, Lufkin & Jenrette Securities
Corporation ("DLJ"), as underwriter of the Certificates, has prepared certain
materials (the "Computational Materials") for distribution to their potential
investors. Although the Company provided DLJ with certain information
regarding the characteristics of the Mortgage Loans in the related portfolio,
the Company did not participate in the preparation of the Computational
Materials.

     For purposes of this Form 8-K, "Computational Materials" shall mean
computer generated tables and/or charts displaying, with respect to any Class
or Classes of Certificates, any of the following: yield; average life;
duration; expected maturity; interest rate sensitivity; loss sensitivity; cash
flow characteristics; background information regarding the Mortgage Loans; the
proposed structure; decrement tables; or similar information (tabular or
otherwise) of a statistical, mathematical, tabular or computational nature.
The Computational Materials, listed as Exhibit 99.1 hereto are filed on Form
SE dated August 26, 1999.





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*    Capitalized terms used and not otherwise defined herein shall
     have the meanings assigned to them in the prospectus dated July
     1, 1999 and the prospectus supplement dated August 26, 1999, of
     DLJ Mortgage Acceptance Corp., relating to its Mortgage
     Pass-Through Certificates, Series 1999-4.


Item 7.  Financial Statements, Pro Forma Financial

         Information and Exhibits.

(a)      Not applicable.

(b)      Not applicable.

(c)      Exhibits:

         99.1     Computational Materials.
                  filed on Form SE dated August 26, 1999.

                                  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/ Shannon Smith
                                           ------------------
                                           Name:   Shannon Smith
                                           Title:  Senior Vice President

Dated: August 26, 1999


Exhibit Index

Exhibit                                                             Page

99.1       Computational Materials filed on Form SE
           dated August 26, 1999.



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