<PAGE>
+--------+
| FORM 4 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION
+--------+ Washington, D.C. 20549
[_] Check this box if
no longer subject STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
to Section 16.
Form 4 or Form 5 Filed pursuant to Section 16(a) of the Securities
obligations may Exchange Act of 1934, Section 17(a) of the
continue. See Public Utility Holding Company Act of 1935 or
Instruction 1(b). Section 30(f) of the Investment Company Act of 1940
(Print or Type Responses)
--------------------------------------------------------------------------------
1. Name and Address of Reporting Person*
The Prudential Insurance Company of America
--------------------------------------------------------------------------------
(Last) (First) (Middle)
Four Gateway Center
--------------------------------------------------------------------------------
(Street)
Newark, New Jersey 07102-4069
--------------------------------------------------------------------------------
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol The WMF Group, Ltd. (WMFG)
-----------------------------------
3. I.R.S. Identification Number of Reporting Person, if an entity
(voluntary)
----------------------------------------------------------------
4. Statement for Month/Year June 2000
---------------------------------------------------
5. If Amendment, Date of Original (Month/Year)
---------------------------------
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
X
___ Director ___ Officer --- 10% Owner ___ Other
(give title below) (specify below)
___________________
----------------------------------------------------------------------------
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 I--Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
1. Title 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Owner- 7. Nature
of action action or Disposed of (D) Securities ship of In-
Security Date Code (Instr. 3, 4 and 5) Beneficially Form: direct
(Instr. 3) (Month/ (Instr. 8) Owned at Direct Bene-
Day/ ----------------------------------------------- End of (D) or ficial
Year) Month Indirect Owner-
Code V Amount (A) or Price (Instr. 3 and 4) (I) ship
(D) (Instr. 4) (Instr. 4)
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common stock, par
value $.01 per share 6/21/00 J(01) 10,562,115 A $8.90 10,562,115 I 02
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If this form is filed by more than one reporting person, see
Instruction 4(b)(v).
<PAGE>
Table II--Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------
1. Title of Derivative 2. Conver- 3. Trans- 4. Transac- 5. Number of Deriv-
Security (Instr. 3) sion or action tion Code ative Securities
Exercise Date (Instr. 8) Acquired (A) or
Price of (Month/ Disposed of (D)
Deriv- Day/ (Instr. 3, 4, and 5)
ative Year)
Security
---------------------------------------------------
Code V (A) (D)
-----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
</TABLE>
Table II--Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
6. Date Exer- 7. Title and Amount of 8. Price 9. Number 10. Owner- 11. Na-
cisable and Underlying Securities of of Deriv- ship ture
Expiration (Instr. 3 and 4) Deriv- ative Form of In-
Date ative Secur- of De- direct
(Month/Day/ Secur- ities rivative Bene-
Year) ity Bene- Security ficial
(Instr. ficially Direct (D) Owner-
-------------------------------------------- 5) Owned or indirect ship
Date Expira- Amount or at End (I) (Instr.
Exer- tion Title Number of of (Instr. 4) 4)
cisable Date Shares Month
(Instr. 4)
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Explanation of Responses:
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations. 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 provided is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in the form are not required to respond unless the displays a currently valid
OMB Number.
/s/ Michael B. Jameson July 6, 2000
------------------------------- -----------------
**Signature of Reporting Person Date
Name: Michael B. Jameson
Title: Vice President
<PAGE>
FORM 4 (continued)
FORM 4
CONTINUATION SHEET
Item 1: The Prudential Insurance Company of America
Item 2: The WMF Group, Ltd. (WMFG)
Item 4: June 2000
EXPLANATION OF RESPONSE:
01: Prudential Mortgage Capital Company, LLC, a Delaware limited liability
company, through its wholly owned subsidiary, Prudential Mortgage Capital
Acquisition Corp. acquired approximately 10,562,115 or 96.38% of shares
outstanding of The WMF Group, Ltd. ("WMF") pursuant to a cash tender offer
which expired on June 20, 2000. As a result of the successful offer, on
June 23, 2000, Prudential Mortgage Capital Company, LLC effected a "short-
form" merger as a result of which WMF became a wholly-owned subsidiary of
Prudential Mortgage Capital Company, LLC. On June 26, 2000, WMF was
delisted from the Nasdaq stock market and filed a Certification and Notice
of Termination of Registration with the Securities and Exchange Commission.
02: Prudential Mortgage Capital Acquisition Corp. is a wholly-owned subsidiary
of Prudential Mortgage Capital Company, LLC. Prudential Mortgage Capital
Company, LLC is a wholly-owned subsidiary of The Prudential Insurance
Company of America.
