U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 4 OMB APPROVAL ----------------------------- [X] Check this box if no longer OMB NUMBER: 3235-0287 subject to Section 16. Form 4 Expires: September 30, 1998 or Form 5 obligations may Estimated average burden continue. SEE Instruction 1(b). hours per response ...... 0.5 ----------------------------- STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 1. Name and Address of Reporting Person Narasimhan, Shekar -------------------------------------------------------------------------------- (Last) (First) (Middle) 1593 Spring Hill Road, #400 -------------------------------------------------------------------------------- (Street) Vienna VA 22182 -------------------------------------------------------------------------------- (City) (State) (Zip) -------------------------------------------------------------------------------- 2. Issuer Name and Ticker or Trading Symbol The WMF Group, Ltd. (WMFG) -------------------------------------------------------------------------------- 3. IRS or Social Security Number of Reporting Person (Voluntary) -------------------------------------------------------------------------------- 4. Statement for Month/Year June 2000 -------------------------------------------------------------------------------- 5. If Amendment, Date of Original (Month/Year) -------------------------------------------------------------------------------- 6. Relationship of Reporting Person to Issuer (Check all applicable) X Director 10% Owner ----- ------ X Officer (give Other (Specify ----- title below) ------ below) Chief Executive Officer and Chairman of the Board ------------------------------------------------- -------------------------------------------------------------------------------- 7. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person --- Form filed by More than One Reporting Person --- --------------------------------------------------------------------------------

Table 1 -- Non-~~---------------------------------------------------------------------------------------------------------------------------------~~Derivative Securities Acquired, Disposed of, or Beneficially Owned 1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. ~~Owner-~~Ownership 7. Nature of(Instr. 3) action action or Disposed of (D) Securities ~~ship~~Form: of ~~In-~~Indirect ~~Security~~ Date Code ~~(Instr. 3, 4 and 5)~~ Beneficially ~~Form:~~Direct ~~direct~~Beneficial (Instr. 38) (~~Month/ (~~Instr. 83,4 and 5) Owned at ~~Direct~~(D) ~~Bene-~~or ~~Day~~Ownership (Month/ ------------ --------------------------~~---------~~ End of ~~(D)~~Month orIndirect ~~ficial~~(Instr. ~~Year~~4) ~~Month~~Day/ ~~Indirect Owner-~~ Code V Amount (A) or Price (Instr. 3 ~~and 4)~~ (I) ~~ship~~Year) (D) ~~(Instr.~~and 4) (Instr. 4) -------------------------- ---------- ------ ---- -------- ------ ------ -------------- ------------ ------------- Common stock, $0.01 par value* 6/23/00 U 220,455 D $8.90 -0- -------------------------- ~~Common~~---------- ~~stock,~~------ ~~par~~---- ~~value~~-------- ~~$.01~~------ ~~per~~------ ~~share 6/21/00 J(01) 10,562,115 A $8.90 10,562,115 D~~ -------------- ------------ ------------- -------------------------- ---------- ------ ---- -------- ------ ------ -------------- ------------ ------------- -------------------------- ---------- ------ ---- -------- ------ ------ -------------- ------------ ------------- -------------------------- ---------- ------ ---- -------- ------ ------ -------------- ------------ ------------- -------------------------- ---------- ------ ---- -------- ------ ------ -------------- ------------ ------------- -------------------------- ---------- ------ ---- -------- ------ ------ -------------- ------------ ------------- -------------------------- ---------- ------ ---- -------- ------ ------ -------------- ------------ ------------- -------------------------- ---------- ------ ---- -------- ------ ------ -------------- ------------ ------------- -------------------------- ---------- ------ ---- -------- ------ ------ -------------- ------------ ------------- -------------------------- ---------- ------ ---- -------- ------ ------ -------------- ------------ -------------

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. *If the form is filed by more than one reporting person, see Instruction 4(b)(v). (Over) SEC 1474 (7-96) ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ FORM 4 (continued)

Table II --~~---------------------------------------------------------------------------------------------------------------------------~~ Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security 2. ~~Conver-~~Conversion 3. ~~Trans-~~Transaction 4. ~~Transac-~~Transacation 5. Number of ~~Deriv-~~Derivative ~~Security~~6. Date Exercisable (Instr. 3) ~~sion~~ or ~~action~~Exercise ~~tion~~Date Code ~~ative~~ Securities ~~Exercise Date (Instr. 8)~~ Acquired (A) orand Expiration Price of (Month/Day/ (Instr. 8) or Disposed of (D) ~~Deriv-~~Date ~~Day/~~Derivative Year) (Instr. 3, 4, and 5) ~~ative~~(Month/Day/ Security Year) ~~Security~~ --------------- -------------------------- ------------------- Code V (A) (D) Date Expiration Exer- Date cisable ------------------------------- -------------- -------------- -------- ----- --------------- ---------- -------- ----------~~---------~~ ------------------------------- -------------- -------------- -------- ----- --------------- ---------- -------- ----------~~----------~~ Options to acquire $6.92 6/23/00 D 26,667 12/8/97 3/31/06 common stock** ------------------------------- -------------- -------------- -------- ----- --------------- ---------- -------- ----------~~----------~~ Options to acquire $9.15 6/23/00 H 67,200 12/8/97 12/8/07 common stock** ------------------------------- -------------- -------------- -------- ----- --------------- ---------- -------- ----------~~----------~~ Options to acquire $7.00 6/23/00 D 25,000 6/30/99 6/10/09 common stock** ------------------------------- -------------- -------------- -------- ----- --------------- ---------- -------- ----------~~----------~~ ------------------------------- -------------- -------------- -------- ----- --------------- ---------- -------- ----------~~----------~~ ------------------------------- -------------- -------------- -------- ----- --------------- ---------- -------- ----------~~----------~~ ------------------------------- -------------- -------------- -------- ----- --------------- ---------- -------- ----------~~----------~~ ------------------------------- -------------- -------------- -------- ----- --------------- ----------~~----------------------------~~ --------~~---------------------------------------------------------------------------------------------------------------------~~ ----------~~-------------------------------------------------------------------------------------------------------------------~~

~~------------------------------------------------------------------------------------------------------------------------------------ 6. Date Exer-~~ 7. Title and Amount of 8. Price of Derivative 9. Number of Derivative 10. ~~Owner-~~Ownership Form 11. ~~Na-~~Nature ~~cisable~~of ~~and~~Indirect Underlying Securities ofSecurity ~~of Deriv- ship ture Expiration~~ (Instr. ~~3 and 4~~5) ~~Deriv-~~Securities ~~ative~~Beneficially ~~Form~~ of ~~In-~~Derivative ~~Date~~Security: ~~ative~~Beneficial ~~Secur-~~Ownership ~~of De- direct~~ (~~Month/Day/~~Instr. ~~Secur-~~3 ~~ities~~and ~~rivative Bene- Year~~4) ~~ity~~Owned ~~Bene-~~at ~~Security:~~End ~~ficial~~of ~~(Instr.~~Month ~~ficially~~ Direct (D) ~~Owner- -------------------------------------------- 5) Owned~~ or ~~Indirect ship Date Expira- Amount or at End~~ (~~I) (~~Instr. ~~Exer-~~4) ~~tion Title Number of of (~~Instr. 4) 4Indirect (I) ~~cisable Date Shares Month~~ (Instr. 4) ------------------------ Title Amount or Number of Shares ------------------------ ---------------------- -------------------------- ---------------------------~~---------~~ ------------------------ ------------------------ ---------------------- -------------------------- ---------------------------~~---------~~ ------------------------ Common stock 26,667 $1.98 -0- D ------------------------ ---------------------- -------------------------- ---------------------------~~-------~~ ------------------------ Common stock 67,200 -0- -0- D ------------------------ ---------------------- -------------------------- ---------------------------~~-----~~ ------------------------ Common stock 25,000 $1.90 -0- D ------------------------ ---------------------- -------------------------- ---------------------------~~-------~~ ------------------------ ------------------------ ---------------------- -------------------------- ---------------------------~~---------~~ ------------------------ ------------------------ ---------------------- -------------------------- ---------------------------~~---------~~ ------------------------ ------------------------ ---------------------- -------------------------- ---------------------------~~---------~~ ------------------------ ------------------------ ---------------------- --------------------------~~------------------------------------~~ ---------------------------~~---------------------------------------------------------------------------------------------------------~~ ------------------------~~------------------------------------------------------------------------------------------------------------~~

Explanation of Responses: * Shares were tendered to and purchased by Prudential Mortgage Acquisition Corp. ("PMAC") on June 20, 2000, pursuant to an Agreement and Plan of Merger, dated May 10, 2000. ** Options were surrendered in exchange for their cash value in connection with the merger of the issuer and PMAC on June 23, 2000. Out-of-the money options expired on that date. **Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Shekar Narasimhan July 6, 2000 _______________________________ ______________ **Signature of Reporting Person Date Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, See Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. Page 2 SEC 1474 (7-96)

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