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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): May 23, 1996
DLJ MORTGAGE ACCEPTANCE CORP. (as depositor under the
prospectus, dated April 28, 1992, and the prospectus
supplement, dated May 27, 1992 (the "Depositor"),
providing for the issuance of Multi-Family Mortgage
Pass-Through Certificates, Series 1992-MF3)
DLJ Mortgage Acceptance Corp.
(Exact name of registrant as specified in its charter)
Delaware 33-47129 13-3460894
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
277 Park Avenue, 9th Floor 10172
New York, New York (Zip Code)
(Address of Principal Executive Offices)
Registrant's telephone number, including area code (212) 892-4964
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Item 5. Other Events
Southern Management Corporation has retained DLJ Mortgage Capital, Inc.
to explore the possibility of refinancing the Mortgage Loan comprising
the principal asset of the Trust Fund in which the Multi-Family Mortgage
Pass-Through Certificates, Series 1992-MF3, evidence the entire benefi-
cial interest. The Mortgage Loan is secured by a first mortgage and
deed of trust blanket lien on 28 multifamily apartment complexes owned
by affiliates of Southern Management Corporation. The Mortgage Loan is
subject to prepayment, without premium, by the mortgagors thereunder on
and after May 27, 1997.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, as amended, 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/ N. Dante LaRocca
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N. Dante LaRocca
Dated: May 23, 1996