SECURITIES AND EXCHANGE COMMISSION
                              Washington, D.C.  20549

                                     FORM 10-K



                       Pursuant to Section 13 or 15(d) of the
                          Securities Exchange Act of 1934


(Mark One)
[ x ] Annual Report Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
For the fiscal year ended DECEMBER 31, 1999
_______________________________   or

[   ] Transition Report Pursuant to Section 13 or 15d of the Securities
                  Exchange Act of 1934
For the transition period from _____________  to ________

Commission file Number           333-39325
   DLJ Mortgage Acceptance Corp., First Nationwide Trust Series 1999-2
   Mortgage Pass-Through Certificates
(Exact name of registrant as specified in its charter)

   Delaware                                        13-3460894
(State or other jurisdiction                     (I.R.S. Employer
of incorporation or organization)                 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
              NONE
     Securities registered pursuant to Section 12(g) of the Act

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 Act of 1934
during the preceding 12 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.
                 X    Yes           No


                                                  PART I

Item 2.  Properties
                Not applicable on reliance of Relief Letters

Item 3. Legal Proceedings
                   There were no legal proceedings.

Item 4. Submission of Matters to a Vote of Security Holders
    There were no matters submitted to a vote of the Security Holders.

                                    PART II

Item 5. Market for Registrant's Common Equity and Related Stockholder matters
   There were under 300 participants in the DTC system holding
   positions in the Cede certificates.
   The following were Noteholders and Certificateholders of record
   as of the end of the reporting year.
    First Nationwide Trust, Mortgage Pass-Through Certificates
    Series 1999-2 Class IPP-A-1      Cede & Co.
    Series 1999-2 Class IPP-A-2      Cede & Co.
    Series 1999-2 Class IPP-A-3      Cede & Co.
    Series 1999-2 Class IPP-A-4      Cede & Co.
    Series 1999-2 Class IIPP-A       Cede & Co.
    Series 1999-2 Class III-A-1      Cede & Co.
    Series 1999-2 Class IV-A-1       Cede & Co.
    Series 1999-2 Class IV-A-2       Cede & Co.
    Series 1999-2 Class IV-A-3       Cede & Co.
    Series 1999-2 Class IV-A-4       Cede & Co.
    Series 1999-2 Class I-P          Cede & Co.
    Series 1999-2 Class A-P          Cede & Co.
    Series 1999-2 Class III-X-1      Cede & Co.
    Series 1999-2 Class III-X-2      Cede & Co.
    Series 1999-2 Class IV-X         Cede & Co.
    Series 1999-2 Class C-B-1        Cede & Co.
    Series 1999-2 Class C-B-2        Cede & Co.
    Series 1999-2 Class C-B-3        Cede & Co.
    Series 1999-2 Class C-B-4        DLJ Mortgage Capital Inc.
    Series 1999-2 Class C-B-5        DLJ Mortgage Capital Inc.
    Series 1999-2 Class C-B-6        DLJ Mortgage Capital Inc.
    Series 1999-2 Class D-B-1        Cede & Co.
    Series 1999-2 Class D-B-2        Donaldson Lufkin & Jenrette (76.20%),
                                     MAC & Co.(23.79%)
    Series 1999-2 Class D-B-3        Cede & Co.
    Series 1999-2 Class D-B-4        DLJ Mortgage Capital Inc.
    Series 1999-2 Class D-B-5        DLJ Mortgage Capital Inc.
    Series 1999-2 Class D-B-6        DLJ Mortgage Capital Inc.

                DLJ Mortgage Capital Inc.
                C/O DLJ Securities Corporation
                277 Park Avenue   9th Floor
                New York, NY  10172

                DONALDSON LUFKIN & JENRETTE
                SECURITIES CORPORATION
                P O BOX 2050
                JERSEY CITY  NJ  07303

                MAC & CO
                ATTN MBS INCOME UNIT
                P O BOX 3195
                PITTSBURGH   PA   15230-3195

           There is no established public trading market for the notes.
Item 9. Changes in and Disagreements with Accountants on Accounting and
        Financial Disclosures:Information required by Item 304 of Reg. S-K.
       There were no changes in and/or disagreements with Accountants on
       Accounting and Financial Disclosures.
                                    PART IV
Item 12.  Security Ownership of Certain Beneficial Owners and Management
  The Notes are represented by one or more notes registered in the name of
  of Cede & Co., the nominee of The Depository Trust Company.  An investor
  holding Notes is not entitled to receive a certificate representing such
  Note, except in limited circumstances.  Accordingly, Cede & Co. is the
  sole holder of Notes, which it holds on behalf of brokers, dealers,
  banks and other participants in the DTC system.  Such participants may
  hold Notes for their own accounts or for the accounts of their customers.
                The address of Cede & Co. is:
                Cede & Co.
                c/o The Depository Trust Company
                Seven Hanover Square
                New York, New York 10004
Item 13.  Certain Relationships and Related Transactions.
  There has not been, and there is not currently proposed, any transactions
  or series or transactions, to which any of the Trust, the Registrant,
  the Trustee or the Servicer is a party with any Noteholder who, to the
  knowledge of the Registrant and Servicer, owns of record or beneficially
  more than five percent of the Notes.
Item 14. Exhibits, Financial Statement Schedules, and Reports on Form 8-K
                (a) 1.  Not Applicable
                    2.  Not Applicable
                    3.  Exhibits
                         99.1  Annual Summary Statement
                         99.2  Annual Statement as to Compliance.
                         99.3  Annual Independent Public
                               Accountant's Servicing Report.
                (b)   Reports on Form 8-K
 The registrant has filed Current Reports on Form 8-K with the Securities
 and Exchange Commission dated: April 30, 1999; May 31, 1999; June 30, 1999;
 July 31, 1999; August 31, 1999; September 30, 1999; October 31, 1999;
 November 30, 1999; December 31, 1999.
                (c)    See (a) 3 above
                (d)    Not Applicable
                                 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 thereunto duly authorized.
First Nationwide Trust, Mortgage Pass-Through Certicicates, Series 1999-2
                /s/  Mary Fonti
                     Trust Officer
                     Bank One
Date            March 28, 2000
                                 EXHIBIT INDEX
                Exhibit Number   Description
                         99.1    Annual Summary Statement
                         99.2    Annual Statement of Compliance
                         99.3    Report of Independent Accountants
       EXHIBIT 99.1 -- Summary of Aggregate Amounts or End of Year
       Amounts for the period ending December 31, 1999
First Nationwide Trust, Mortgage Pass-Through Certicicates, Series 1999-2
              Summary of Aggregate Amounts or End of Year Amounts
                Pool Balance                         498350202.82
                Principal        Collections          49936326.19
                Realized Loss                                0.00
                Interest         Collections          31679130.50
                Servicer         Fees                  2622796.96
                Trustee          Fees                    39555.95





                Delinquency Report    Number      Stated Principal Bal
                31-60 days              6              1997423.76
                61-90 days              0                    0.00
                91+ days                4               874301.49
                Foreclosures            4               974506.56
                REO Properties          0                    0.00



 Certificate          Balance           Interest        Principal

 Class IPP-A-1        174967705.04      8740642.58      6736294.96
 Class IPP-A-2         49338830.21      2480029.23      2387169.79
 Class IPP-A-3          6232000.00       303810.03            0.00
 Class IPP-A-4          6433227.00       313619.85            0.00
 Class IIPP-A          40144783.61      2001815.50      1239240.39
 Class III-A-1         70975197.22      3998356.75      9852863.78
 Class IV-A-1         103416784.03      5631064.71     24727215.90
 Class IV-A-2           1907522.39            0.00            0.00
 Class IV-A-3          14259450.00       695148.21            0.00
 Class IV-A-4            765318.56            0.00            0.00
 Class I-P               137495.60            0.00         1989.40
 Class A-P               309946.23            0.00        22735.77
 Class III-X-1          6223819.65       347656.94            0.00
 Class III-X-2          2691880.75       164372.47            0.00
 Class IV-X            18018251.12       981967.74            0.00
 Class C-B-1            6274652.00       307243.20        49348.00
 Class C-B-2            3138218.98       153665.33        24681.02
 Class C-B-3            1344695.42        65844.05        10575.58
 Class C-B-4            1195284.50        58528.04         9400.50
 Class C-B-5             597641.74        29263.99         4700.26
 Class C-B-6             896468.28        43896.25         7050.08
 Class D-B-1           10312806.52       518273.10        65193.51
 Class D-B-2            4175393.82       209835.63        26395.20
 Class D-B-3            2332845.67       117237.83        14747.34
 Class D-B-4            1718938.54        86385.76        10866.47
 Class D-B-5             736687.96        37022.48         4657.04
 Class D-B-6            1596160.33        80215.50        10090.24



       EXHIBIT 99.2 -- Servicer's Annual Statement of Compliance
                To be supplied upon receipt by the Trustee

       EXHIBIT 99.3 -- Report of Independent Auditors
                To be supplied upon receipt by the Trustee