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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
------------------
FORM 10-K
|X| ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934
For the fiscal year ended: December 31, 1997
|_| TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the transition period from ______ to ________
Commission file number 333-39325
DLJ MORTGAGE ACCEPTANCE CORP.
(Exact name of Registrant as Specified in Charter)
Delaware 13-3460894
(State or Other (IRS Employer
Jurisdiction of Incorporation) Identification No.)
277 Park Avenue, New York, New York 10172
Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (212) 892-3000
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Name of each exchange on which registered
- ------------------- -----------------------------------------
None None
Securities registered pursuant to Section 12(g) of the Act:
None (Title of class)
Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding twelve months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days. YES __X_____ NO _________
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405
of Regulation S-K is not contained herein and will not be contained to the best
of Registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K. Not Applicable
State the aggregate market value of the voting stock held by non-affiliates of
the registrant. Not Applicable
Indicate the number of shares outstanding of each of the registrant's classes of
common stock, as of December 31, 1997. Not Applicable
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PART I
Item 1. BUSINESS
Omitted.
Item 2. PROPERTIES
NOT APPLICABLE
Item 3. LEGAL PROCEEDINGS
NONE
Item 4. SUBMISSION OF MATTERS TO VOTE OF SECURITY HOLDERS
None
PART II
Item 5. MARKET FOR REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS
There is no established trading market for Registrant's securities subject to
this filing.
Number of holders of record of the Certificates as of December 31,1997: Three
Item 6. SELECTED FINANCIAL DATA
Omitted.
Item 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF OPERATIONS
Omitted.
Item 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
NOT APPLICABLE
Item 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
FINANCIAL DISCLOSURE
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None.
PART III
Item 10. DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT
Omitted.
Item 11. EXECUTIVE COMPENSATION
Omitted.
Item 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
The following information is furnished as of December 31, 1997 as to each
Certificateholder of record of more than 5% of the Certificates:
Class of First Greensboro Home
Equity Loan Pass-Through Name and Address of
Certificates, Series 1997-2 Beneficial Owner % of Class
- ------------------------------ ------------------- ----------
Class A-1 Firestar Trust Company 100
Corporate Trust Department
1555 North River Center
Suite 301
Milwaukee, WI 53212
Class A-2 PNC Bank, N.A./Pittsburgh 100
One PNC Plaza, 9th Floor
249 5th
Pittsburgh, PA 15222-7707
Class A-3 Issuer Services 100
c/o ADP Proxy Services
51 Mercedes Way
Edgewood, NY 11717
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Item 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS
(a) None
(b)-(d) Omitted.
PART IV
Item 14. EXHIBITS, FINANCIAL STATEMENT SCHEDULES, AND REPORTS ON FORM 8-K
1. The consolidated financial statements of Financial Security Assurance Inc.
(the certificate insurer for First Greensboro Home Equity Loan Pass-Through
Certificates, Series 1997-2) and subsidiaries contained in the annual report on
form 10-k for the year ended December 31, 1996 which has been filed with the SEC
by Financial Security Assurance Inc. is hereby incorporated herein by reference.
2. Not Applicable
3. Exhibits
13. Annual Statement
(b)-(d) Omitted.
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SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned, thereto duly authorized on the 20th day of January,
1998.
DLJ MORTGAGE ACCEPTANCE CORP.
-----------------------------------------
(Registrant)
By: /s/ Paul Najarian
----------------------------
Name: Paul Najarian
Title: Vice President
Pursuant to the requirements of the Securities Exchange Act of 1934, this report
has been signed below by the following persons on behalf of the Registrant and
in the capacities indicated on the 20th day of January, 1998.
SIGNATURE TITLE DATE
- --------- ----- ----
/s/ Leon M. Pollack President and Director (Principal January 20, 1998
- ---------------------- Executive Officer)
Leon M. Pollack
/s/ Marjorie S. White Secretary and Treasurer (Principal January 20, 1998
- ------------------------ Financial Officer)
Marjorie S. White
/s/ David F. DeLucia Director January 20, 1998
- -----------------------
David F. DeLucia
/s/ Steven L. Kantor Director and Senior Vice President January 20, 1998
- -----------------------
Steven L. Kantor
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