Amherst Securities LP
Amherst Securities Group Underwrites New Issue Deal for FHLMC

15-year; non-call 1-year; Step-Up
Pricing Date

November 10, 2004

Settlement Date November 29, 2004
Structure 15-year; non-call 1-year
First Call Date

November 29, 2005 and semi-annually thereafter

Maturity

November 29, 2019

Payment Dates Each May 29th and November 29th beginning May 2005
First Coupon 5.0%
Coupon Structure 5.0% to November 2009; 6.25% to November 2014; 8.0% thereafter
Size $7 million
Issuer Federal Home Loan Mortgage Corporation
CUSIP 3128X3P31
Currency USD