Amherst, LLC (Amherst) has created this World Wide Web site (the “Site”) to incorporate information provided by third party market data sources.  Although Amherst believes this information to be reliable, it cannot be held responsible for inaccuracies in such third party data or the data supplied to the third party by issuers or guarantors.

Neither Amherst nor any Amherst subsidiary, including Amherst Securities Group LP, can make, nor does any such company make, any claim as to the prepayment consistency and/or the future performance of any securities or structures displayed or printed out from this Site.  Any yields, yield spreads and/or average lives displayed on this Site consider prepayment assumptions that may or may not be met.  Changes in payments may significantly affect yield and average life.  If any offerings are listed on this Site, they are offered by Amherst Securities Group LP, member FINRA and SIPC, and are subject to prior sale and price change.

Please contact your representative for information on Collateralized Mortgage Obligations (CMO) and how they react to different market conditions.

All reports published on this Site are for analytical use only and are not intended as an offer or solicitation with respect to the purchase or sale of securities.  The decision of whether to adopt any strategy or to engage in any transaction and the decision of whether any strategy or transaction fits into an appropriate portfolio structure remains the responsibility of the customer and/or its advisors.