FARMER MAC MORTGAGE SECURITIES CORP
424B3, 2000-04-27
ASSET-BACKED SECURITIES
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               Prospectus supplement to prospectus dated March 29, 2000



                    Federal Agricultural Mortgage Corporation

                                   FARMER MAC
                                    Guarantor

                   Farmer Mac Mortgage Securities Corporation
                                    Depositor

           $11,135,643 Guaranteed Agricultural Mortgage-Backed Securities,
                                Series 4/26/00-A


      The back cover of the Prospectus  Supplement is hereby modified to include
the following sentence:

      "Until July 24,  2000,  all  dealers  that  effect  transactions  in these
securities,  whether or not  participating in this offering,  may be required to
deliver a  prospectus  supplement  and  prospectus.  This is in  addition to the
dealers'  obligation  to deliver a prospectus  supplement  and  prospectus  when
acting  as  underwriters  and  with  respect  to  their  unsold   allotments  or
subscriptions."


                          Donaldson, Lufkin & Jenrette
                                   Underwriter

                                 April 27, 2000



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