Fitch Lowers 1 & Affirms 8 RMBS Class from 4 DLJ Issues.

NEW YORK -- Fitch Ratings has taken the following rating actions on the DLJ Mortgage Acceptance Corporation residential mortgage pass-through certificates listed below:

Series 1992-A

--Class A affirmed at 'AAA'.

Series 1993-4

--Class 4-A affirmed

--Class 4-B affirmed at 'AAA';

--Class 4-C affirmed at 'AAA'.

Series 1993-19

--Class A affirmed at 'AAA';

--Class M affirmed at 'AAA';

--Class B1 affirmed at 'AA+';

--Class B2 affirmed at 'BBB+';

--Class B3 affirmed at 'BB+';

--Class B4 downgraded to 'CC' from 'B'.

Series 1994-9

--Class A affirmed at 'AAA'.

All of the mortgage loans in the aforementioned transactions consist of fixed- and adjustable-rate mortgages extended to prime borrowers and are secured by first and second liens, primarily on one- to four-family and multifamily properties. As of the December 2005 distribution date, the transactions are seasoned from a range of 131 to 166 months and the pool factors (current mortgage loan principal outstanding as a percentage of the initial pool) range from approximately 1% to 6%.

The affirmations reflect a satisfactory relationship between credit enhancement (CE) and future loss expectations and affect approximately $9.1 million of outstanding certificates. All affirmed classes have experienced small to moderate growth in CE since the last rating action in December 2004.

The downgrade on series 1993-19, class B-4 affects $24,893 of total certificates. As of the December 2005 distribution, the pool has incurred losses of 0.13% of the initial pool balance. The class supporting the downgraded B4 class, the non rated B5 certificate, has only $26,951 left in outstanding certificates representing .43% of all outstanding certificates. At the same time, the mortgage pool is experiencing 90+ day delinquencies of 2.71%. Even at a loss severity rate 30%, losses projected with these delinquencies would exceed remaining protection for the B-4 bond.

Fitch will closely monitor these transactions. Further information regarding current delinquency, loss, and credit enhancement statistics is available on the Fitch Ratings web site at www.fitchratings.com.

Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site.