DLJ MORTGAGE ACCEPTANCE CORP
8-K, 1999-04-16
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): April 14, 1999


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


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


          Delaware               333-59691                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
- -----------------------------------------------------------------

<PAGE>

Item 5.  Other Events.

Filing of Collateral Term Sheets

         In connection with the proposed  offering of the GEM Trust 1999-1,  GEM
Mortgage Pass-Through Certificates,  Series 1999-1, Donaldson, Lufkin & Jenrette
Securities Corporation ("DLJ"), as underwriter of the Certificates, has prepared
certain  materials  (the  "Collateral  Term Sheets") for  distribution  to their
potential   investors.   Although  DLJ  Mortgage  Acceptance  Corp.,  Inc.  (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 Collateral Term Sheets.

         The Collateral Term Sheets, listed as Exhibit 99.1 hereto, are filed on
Form SE dated  April 16, 1999 and  supercede  any prior  collateral  information
which  may  have  been  previously   filed  with  the  Securities  and  Exchange
Commission.


<PAGE>


Item 7.  Financial Statements, Pro Forma Financial

         Information and Exhibits.

(a)      Not applicable.

(b)      Not applicable.

(c)      Exhibits:

         99.1     Collateral Term Sheets filed on Form SE dated April 16, 1999.



<PAGE>


                                   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:  April 16, 1999


<PAGE>


Exhibit Index


Exhibit                                                                    Page

99.1   Collateral Term Sheets filed on Form SE dated April 16, 1999.

<PAGE>



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