Fitch Downgrades DLJ MBS Classes

Three classes from three DLJ Mortgage Acceptance Corp. mortgage-backed security deals have been downgraded by Fitch Ratings.The downgrades were as follows: series 1996-Q5, class B-1, from A to BB; series 1996-QB, class B-1, from BB to C; and series 1996-QJ, class B-3, from CCC to D. The ratings on seven other classes in three DLJ deals were affirmed. The rating agency attributed the downgrades to loss levels and high delinquencies relative to applicable credit support. Fitch can be found online at http://www.fitchratings.com.

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