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DLJ MORTGAGE ACCEPTANCE CORP. $158,715,215 MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-Q3 RATED BY DUFF & PHELPS

 NEW YORK, Feb. 24 /PRNewswire/ -- Duff & Phelps Credit Rating Co. has rated the publicly offered senior and subordinate mortgage pass- through certificates issued by DLJ Mortgage Acceptance Corp. The ratings on the four classes of certificates range from AAA' to A-', as follows:
 Class Amount Rate D&P Rating
 A-1 $0 strip rate AAA (Triple A)
 A-2 $131,855,000 adjustable AAA (Triple A)
 A-3 $20,348,822 adjustable AA (Double A)
 B-1 $6,511,393 adjustable A- (Single A Minus)
 The ratings reflect the level of subordination provided to each class by the aggregate amount of the other classes subordinated to it. Class A-1 is an interest-only strip that receives cash flow prior to all subordinate classes. Class A-2 is supported by Class A-3, B-1, and privately placed subordinate classes. Class A-3 is supported by Class B-1 and the privately placed subordinate classes. Class B-1 is supported by the privately placed subordinate classes. The level of subordination behind each class reflects the results of D&P's updated analytical model, which assesses credit enhancement requirements at each rating level. The rating on the Class A-1 certificate does not address the change in yield attributable to prepayments and recoveries on the underlying mortgages.
 The certificates offered represent beneficial ownership interests in a pool of adjustable-rate first-lien residential mortgage loans originated by Quality Mortgage, Inc. Quality Mortgage, Inc. lends for the purchase or refinancing of properties located throughout California as well as Nevada and Arizona. The majority of the loans originated by Quality are in Southern California. Lomas Mortgage USA, Inc. will service the mortgage loans.
 Duff & Phelps tracks housing price changes and associated economic factors in different MSAs in California, Nevada and Arizona in which Quality Mortgage lends. In January, D&P released its new study of Los Angeles and surrounding counties' housing price changes. This analysis, combined with D&P's quantitative model incorporating mortgage experience on several million securitized loans, gives D&P a unique insight into the performance and loss experience on loans in those areas.
 -0- 2/24/93
 /CONTACT: Jennifer E. Schneider, 212-908-0207, or Andrew B. Jones, 212-908-0205, of Duff & Phelps/


CO: DLJ Mortgage Acceptance Corp. ST: IN: FIN SU: RTG

SM -- NY068 -- 0075 02/24/93 16:29 EST
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Date:Feb 24, 1993
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