There could be multitude of reasons for this happening. Such as misalignment of the photos because of too little texture, too much or too little contrast, photos too bright or too dark, rolling shutter effect, aperture varrying wildly, motion blur, use of autofocus or auto stabilisation, wrong photo positions, wrong coordinate system, photo position columns mixed up, incorrect camera calibration parameters..etcetcetc
Did you use photo positions before aligning? What resolution are the photos and what's the overlap? Producing a DEM without GCPs or photo positions is rather pointless as it has no real value.