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| FORM 3 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION
+--------+ WASHINGTON, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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
(Print or Type Responses)
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1. Name and Address of Reporting Person*
Prudential Mortgage Capital Acquisition Corp.
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(Last) (First) (Middle)
Four Gateway Center
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(Street)
Newark, NJ 07102-4069
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(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year) May 10, 2000
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3. IRS or Social Security Number of Reporting Person
(Voluntary)
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4. Issuer Name and Ticker or Trading Symbol The WMF Group, Ltd. (WMFG)
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5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
[ ] Director [ ] Officer [ ] 10% Owner [X] Other
(give title below) (specify below)
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6. If Amendment, Date of Original (Month/Day/Year)
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7. Individual or Joint/Group Filing (Check Applicable Line)
X Form Filed by One Reporting Person
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Form filed by More than One Reporting Person
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TABLE I--NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
<TABLE>
<CAPTION>
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1. Title 2. Amount of 3. Ownership Form: 4. Nature of
of Securities Bene- Direct (D) or Indirect Bene-
Security ficially Owned Indirect (I) ficial Ownership
(Instr. 4) (Instr. 4) (Instr. 5) (Instr. 5)
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<S> <C> <C> <C>
Common stock,
par value $.01
per share 8,260,876 I 01 and 02
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</TABLE>
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 5(b)(v).
Potential persons who are required to respond to the collection of information
contained in this form are not required to respond unless the form displays a
currently valid OMB control Number.
(Over)
SEC 1473 (3-99)
<PAGE>
FORM 3 (continued)
TABLE II--DERIVATIVE SECURITIES BENEFICIALLY OWNED
(e.g., puts, calls, warrants, options, convertible securities)
<TABLE>
<CAPTION>
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1. Title of Derivative 2. Date Exer- 3. Title and Amount of Securities 4. Conversion 5. Ownership 6. Nature of In-
Security (Instr. 4) cisable and Underlying Derivative Security or Form of direct Bene-
Expiration (Instr. 4) Exercise Derivative ficial
Date Price Security: Ownership
(Month/Day/ of Direct (D) (Instr. 5)
Year) Derivative or In-
---------------------------------------------------- Security direct (I)
Date Expira- Amount or (Instr. 5)
Exer- tion Title Number of
cisable Date Shares
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<S> <C> <C> <C> <C> <C> <C> <C>
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</TABLE>
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
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See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space 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.
/s/ Michael B. Jameson 5/22/00
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**Signature of Reporting Person Date
Name: Michael B. Jameson
Title: Vice President of Prudential Mortgage Capital Acquisition Corp.
Page 2 of 3
SEC 1473 (3-99)
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FORM 3 (continued)
FORM 3
CONTINUATION SHEET
Item 1: Prudential Mortgage Capital Acquisition Corp.
Item 2: May 10, 2000
Item 4: The WMF Group, Ltd. (WMFG)
EXPLANATION OF RESPONSE:
01: On May 10, 2000, Prudential Mortgage Capital Company, LLC, a Delaware
limited liability company entered into a Stockholders Agreement (the
"Stockholders Agreement") with each of Capricorn Investors II, L.P.,
Capricorn Holdings, Inc., Demeter Holdings Corporation, Phemus Corporation,
Commonwealth Overseas Trading Company Limited, Mohammed A. Al-Tuwaijri, J.
Roderick Heller, III, John D. Reilly and Shekar Narashimhan (collectively,
the "Selling Stockholders"). Under the Stockholders Agreement, the Selling
Stockholders are obligated to tender to Prudential Mortgage Capital
Company, LLC their shares of The WMF Group, Ltd. ("WMF") representing in
total approximately 65% of the outstanding shares of WMF on a fully diluted
basis.
02: Prudential Mortgage Capital Acquisition Corp. is a wholly-owned subsidiary
of Prudential Mortgage Company, LLC. Prudential Mortgage Capital Company,
LLC is a wholly-owned subsidiary of The Prudential Insurance Company of
America.