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Previous: PIMCO ADVISORS L P /, DEFR14A, 1996-11-04 |
Next: CONTINENTAL CIRCUITS CORP, DEF 14A, 1996-11-04 |
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the
Securities Exchange Act of 1934
Date of Report : October 25, 1996
(Date of earliest event reported)
Commission File No.: 33-72966
The Prudential Home Mortgage Securities Company, Inc.
Delaware 43-1490160
(State of Incorporation) (I.R.S. Employer
Identification No.)
5325 Spectrum Drive
Frederick, Maryland 21703
Address of principal executive offices (Zip Code)
(301) 696-7800
Registrant's Full Telephone Number
(Former name, former address and former fiscal year,
if changed since last report)
<PAGE>
ITEM 5. Other Events
On October 25, 1996 a distribution was made to holders of
certain series of Mortgage Pass-Through Certificates that were
sold by the registrant during the current year.
ITEM 7. Financial Statements and Exhibits
(c) Exhibits
Item 601(a) of
Regulation S-K
Exhibit Number Description
(EX-99.1) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-1, relating to the
October 25,1996 distribution
(EX-99.2) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-2, relating to the
October 25,1996 distribution
(EX-99.3) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-3, relating to the
October 25,1996 distribution
(EX-99.4) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-4, relating to the
October 25,1996 distribution
(EX-99.5) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-5, relating to the
October 25,1996 distribution
(EX-99.6) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-6, relating to the
October 25,1996 distribution
(EX-99.7) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-7, relating to the
October 25,1996 distribution
(EX-99.8) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-8, relating to the
October 25,1996 distribution
<PAGE>
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
THE PRUDENTIAL HOME MORTGAGE SECURITIES COMPANY, INC.
October 30, 1996 by /s/ SHERRI J. SHARPS, AS ATTORNEY-IN-FACT
Sherri J. Sharps
Vice President, Norwest Bank Minnesota, N.A.
<PAGE>
INDEX TO EXHIBITS
Exhibit Number Description
(EX-99.1) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-1, relating to the
October 25,1996 distribution
(EX-99.2) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-2, relating to the
October 25,1996 distribution
(EX-99.3) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-3, relating to the
October 25,1996 distribution
(EX-99.4) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-4, relating to the
October 25,1996 distribution
(EX-99.5) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-5, relating to the
October 25,1996 distribution
(EX-99.6) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-6, relating to the
October 25,1996 distribution
(EX-99.7) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-7, relating to the
October 25,1996 distribution
(EX-99.8) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-8, relating to the
October 25,1996 distribution
<TABLE>
<CAPTION>
The Prudential Home Mortgage Securities Company, Inc.
Mortgage Pass-Through Certificates
Statements to Certificateholders
Record Date: 30-Sep-1996
Distribution Date: 25-Oct-1996
PHMSC Series 1996-1
Customer Service
Norwest Bank Minnesota, N.A.
Securities Administration Services
5325 Spectrum Drive
Frederick, MD 21703
Telephone:(301) 846-8130
Fax:(301) 846-8152
CERTIFICATE INFORMATION
Certificate Original Ending Ending
Pass-Through Face Certificate Certificate
Class CUSIP Rate Amount Balance Percentage
<S> <C> <C> <C> <C> <C>
A-1 74434UVC5 7.40000 51,223,000.00 45,269,343.24 0.88376985
A-2 74434UVD3 6.61000 52,537,000.00 46,430,616.83 0.88376985
A-3 74434UVE1 7.00000 30,425,000.00 30,425,000.00 1.00000000
A-4 74434UVF8 7.00000 19,433,000.00 19,433,000.00 1.00000000
A-5 74434UVG6 7.00000 5,000,000.00 5,000,000.00 1.00000000
A-6 74434UVH4 7.00000 10,000,000.00 9,928,585.13 0.99285851
A-R 74434UVJ0 7.00000 1,000.00 0.00 0.00000000
AP 74434UVK7 0.00000 522,201.33 473,295.22 0.90634626
M 74434UVL5 7.00000 4,534,000.00 4,501,620.50 0.99285851
B-1 74434UVM3 7.00000 3,175,000.00 3,152,325.78 0.99285851
B-2 74434UVN1 7.00000 1,360,000.00 1,350,287.58 0.99285851
B-3 74434UVQ4 7.00000 1,451,000.00 1,440,637.70 0.99285851
B-4 74434UVR2 7.00000 816,000.00 810,172.55 0.99285852
B-5 74434UVS0 7.00000 907,741.82 901,259.19 0.99285851
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PRINCIPAL DISTRIBUTION
Scheduled Unscheduled
Principal Principal Deferred Realized Principal
Class Distribution Distribution Accretion Interest Loss (1) Distribution
<S> <C> <C> <C> <C> <C> <C>
A-1 59,907.46 449,318.15 0.00 0.00 0.00 509,225.61
A-2 61,444.24 460,844.30 0.00 0.00 0.00 522,288.54
A-3 0.00 0.00 0.00 0.00 0.00 0.00
A-4 0.00 0.00 0.00 0.00 0.00 0.00
A-5 0.00 0.00 0.00 0.00 0.00 0.00
A-6 8,170.24 0.00 0.00 0.00 0.00 8,170.24
A-R 0.00 0.00 0.00 0.00 0.00 0.00
AP 471.06 43.04 0.00 0.00 0.00 514.11
M 3,704.39 0.00 0.00 0.00 0.00 3,704.39
B-1 2,594.05 0.00 0.00 0.00 0.00 2,594.05
B-2 1,111.15 0.00 0.00 0.00 0.00 1,111.15
B-3 1,185.50 0.00 0.00 0.00 0.00 1,185.50
B-4 666.69 0.00 0.00 0.00 0.00 666.69
B-5 739.99 0.00 0.00 0.00 1.66 739.99
<FN>
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, Or Fraud Losses Unless Otherwise Disclosed.
Please Refer To The Prospectus Supplement For A Full Description.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INTEREST DISTRIBUTION
Payment
Current Of Previously Current Non-Supported
Accrued Deferred Unpaid Interest Interest Interest
Class Interest Interest Shortfall Shortfall Shortfall
<S> <C> <C> <C> <C> <C>
A-1 282,301.17 0.00 0.00 0.00 0.00
A-2 258,632.25 0.00 0.00 0.00 0.00
A-3 177,479.17 0.00 0.00 0.00 0.00
A-4 113,359.17 0.00 0.00 0.00 0.00
A-5 29,166.67 0.00 0.00 0.00 0.00
A-6 57,964.41 0.00 0.00 0.00 0.00
A-R 0.00 0.00 0.00 0.00 0.00
AP 0.00 0.00 0.00 0.00 0.00
M 26,281.06 0.00 0.00 0.00 0.00
B-1 18,403.70 0.00 0.00 0.00 0.00
B-2 7,883.16 0.00 0.00 0.00 0.00
B-3 8,410.64 0.00 0.00 0.00 0.00
B-4 4,729.90 0.00 0.00 0.00 0.00
B-5 5,261.67 0.00 0.00 0.00 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INTEREST DISTRIBUTION
Remaining Ending
Cumulative Unpaid Certificate/Notional Realized Interest
Class Interest Shortfall Balance Losses (2) Distribution
<S> <C> <C> <C> <C>
A-1 0.00 45,269,343.24 0.00 282,301.17
A-2 0.00 46,430,616.83 0.00 258,632.25
A-3 0.00 30,425,000.00 0.00 177,479.17
A-4 0.00 19,433,000.00 0.00 113,359.17
A-5 0.00 5,000,000.00 0.00 29,166.67
A-6 0.00 9,928,585.13 0.00 57,964.41
A-R 0.00 0.00 0.00 0.00
AP 0.00 473,295.22 0.00 0.00
M 0.00 4,501,620.50 0.00 26,281.06
B-1 0.00 3,152,325.78 0.00 18,403.70
B-2 0.00 1,350,287.58 0.00 7,883.16
B-3 0.00 1,440,637.70 0.00 8,410.64
B-4 0.00 810,172.55 0.00 4,729.90
B-5 0.00 901,259.19 0.00 5,261.67
<FN>
(2) Amount Does Not Include Excess Special Hazard, Bankruptcy, Or Fraud Losses Unless Otherwise Disclosed.
Please Refer To The Prospectus Supplement For A Full Description.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PREPAYMENT INTEREST SHORTFALL
<S> <C>
Total Prepayment Interest Shortfall 362.53
Servicing Fee Support 362.53
Non-Supported Prepayment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 28,502.62
Master Servicing Fee 2,836.10
Supported Prepayment/Curtailment Interest Shortfall 362.53
Net Servicing Fees 30,976.19
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 15,884.18
Current Period Advances By Servicer 20,500.17
Reimbursement of Advances 15,884.18
Ending Cumulative Advances 20,500.17
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 1 312,816.57
60 Days 0 0.00
90+ Days 0 0.00
Foreclosure 1 262,436.36
REO 0 0.00
Totals 2 575,252.93
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 57,634.03
Current Period Realized Loss - Includes Interest Shortfall 1.66
Cumulative Realized Losses - Includes Interest Shortfall 171.13
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Mixed Fixed Ratio Strip
Weighted Average Gross Coupon 7.639308%
Weighted Average Pass-Through Rate 7.000000%
Weighted Average Maturity (Stepdown Calculation) 344 Months
Beginning Scheduled Collateral Loan Count 612
Number of Loans Paid in Full 3
Ending Scheduled Collateral Loan Count 609
Beginning Scheduled Collateral Balance 170,166,345.66
Ending Scheduled Collateral Balance 169,116,143.73
Ending Actual Collateral Balance at 30-Sep-1996 169,886,307.34
Monthly P&I Constant 1,161,931.40
Class AP Deferred Amount 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CREDIT ENHANCEMENT
Loss Description Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
Bankruptcy 100,000.00 0.05513137% 100,000.00 0.05913096%
Fraud 3,627,698.91 2.00000003% 3,627,698.91 2.14509321%
Special Hazard 2,031,879.96 1.12020321% 2,031,879.96 1.20147013%
<FN>
Limit of Subordination's Exposure for 100% of Certain Types of Losses
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
SUBORDINATION LEVEL
Class Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
A 12,243,741.82 6.75014233% 12,156,303.30 7.18813889%
M 7,709,741.82 4.25048611% 7,654,682.80 4.52628746%
B-1 4,534,741.82 2.50006519% 4,502,357.02 2.66228695%
B-2 3,174,741.82 1.75027859% 3,152,069.44 1.86384893%
B-3 1,723,741.82 0.95032244% 1,711,431.74 1.01198602%
B-4 907,741.82 0.50045048% 901,259.19 0.53292321%
B-5 0.00 0.00000000% 0.00 0.00000000%
<FN>
Please refer to the Prospectus Supplement For A Full Description Of Loss Exposure
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
The Prudential Home Mortgage Securities Company, Inc.
Mortgage Pass-Through Certificates
Statements to Certificateholders
Record Date: 30-Sep-1996
Distribution Date: 25-Oct-1996
PHMSC Series 1996-2
Customer Service
Norwest Bank Minnesota, N.A.
Securities Administration Services
5325 Spectrum Drive
Frederick, MD 21703
Telephone:(301) 846-8130
Fax:(301) 846-8152
CERTIFICATE INFORMATION
Certificate Original Ending Ending
Pass-Through Face Certificate Certificate
Class CUSIP Rate Amount Balance Percentage
<S> <C> <C> <C> <C> <C>
A-1 74434UWU4 7.25000 9,667,860.00 9,031,623.16 0.93419052
A-2 74434UWV2 7.25000 9,810,363.00 9,810,363.00 1.00000000
A-3 74434UWW0 7.25000 20,750,000.00 20,750,000.00 1.00000000
A-4 74434UWX8 7.25000 21,800,000.00 21,800,000.00 1.00000000
A-5 74434UWY6 7.25000 39,857,900.00 39,632,702.95 0.99435000
A-6 74434UWZ3 7.00000 4,996,513.00 4,678,394.67 0.93633193
A-7 74434UXR0 7.45000 57,959,566.00 54,269,391.82 0.93633192
A-8 74434UXA7 7.25000 44,500,000.00 40,536,042.97 0.91092231
A-9 74434UXB5 7.25000 5,250,000.00 5,250,000.00 1.00000000
A-10 74434UXC3 7.25000 5,000,000.00 5,000,000.00 1.00000000
A-11 74434UXD1 7.00000 5,325,000.00 5,325,000.00 1.00000000
A-12 74434UXE9 8.00000 1,775,000.00 1,775,000.00 1.00000000
A-13 74434UXF6 7.00000 3,000,000.00 3,000,000.00 1.00000000
A-14 74434UXG4 7.05000 59,689,996.00 55,889,648.85 0.93633192
A-15 74434UXH2 7.40000 60,962,267.00 57,317,985.74 0.94022071
A-16 74434UXJ8 6.85000 9,993,028.00 9,102,872.19 0.91092231
A-17 74434UXK5 8.00000 1,000,000.00 1,000,000.00 1.00000000
A-18 74434UXL3 6.65000 4,996,514.00 4,551,436.09 0.91092231
A-19 74434UXM1 7.45000 9,993,028.00 9,102,872.19 0.91092231
A-20 74434UXN9 7.13500 22,251,865.00 22,251,865.00 1.00000000
A-R 74434UXP4 7.25000 100.00 0.00 0.00000000
AP 74434UXQ2 0.00000 377,400.60 373,532.31 0.98975018
B-1 74434UYH1 7.25000 10,639,000.00 10,578,889.67 0.99435000
B-2 74434UYJ7 7.25000 4,255,000.00 4,230,959.26 0.99435000
B-3 74434UYK4 7.25000 3,192,000.00 3,173,965.21 0.99435000
B-4 74434UYL2 7.25000 4,468,000.00 4,442,755.81 0.99435000
B-5 74434UYM0 7.25000 1,915,000.00 1,904,180.25 0.99435000
B-6 74434UYN8 7.25000 2,128,275.14 2,116,250.39 0.99435000
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PRINCIPAL DISTRIBUTION
Scheduled Unscheduled
Principal Principal Deferred Realized Principal
Class Distribution Distribution Accretion Interest Loss (1) Distribution
<S> <C> <C> <C> <C> <C> <C>
A-1 8,785.76 69,480.61 0.00 0.00 0.00 78,266.36
A-2 0.00 0.00 0.00 0.00 0.00 0.00
A-3 0.00 0.00 0.00 0.00 0.00 0.00
A-4 0.00 0.00 0.00 0.00 0.00 0.00
A-5 29,212.72 0.00 0.00 0.00 0.00 29,212.72
A-6 4,392.88 34,740.29 0.00 0.00 0.00 39,133.17
A-7 50,957.40 402,987.57 0.00 0.00 0.00 453,944.97
A-8 54,738.05 432,886.19 0.00 0.00 0.00 487,624.24
A-9 0.00 0.00 0.00 0.00 0.00 0.00
A-10 0.00 0.00 0.00 0.00 0.00 0.00
A-11 0.00 0.00 0.00 0.00 0.00 0.00
A-12 0.00 0.00 0.00 0.00 0.00 0.00
A-13 0.00 0.00 0.00 0.00 0.00 0.00
A-14 52,478.77 415,019.08 0.00 0.00 0.00 467,497.85
A-15 50,323.67 397,975.81 0.00 0.00 0.00 448,299.48
A-16 12,292.11 97,209.97 0.00 0.00 0.00 109,502.08
A-17 0.00 0.00 0.00 0.00 0.00 0.00
A-18 6,146.05 48,604.99 0.00 0.00 0.00 54,751.04
A-19 12,292.11 97,209.97 0.00 0.00 0.00 109,502.08
A-20 0.00 0.00 0.00 0.00 0.00 0.00
A-R 0.00 0.00 0.00 0.00 0.00 0.00
AP 320.12 51.21 0.00 0.00 0.00 371.32
B-1 7,797.55 0.00 0.00 0.00 0.00 7,797.55
B-2 3,118.58 0.00 0.00 0.00 0.00 3,118.58
B-3 2,339.49 0.00 0.00 0.00 0.00 2,339.49
B-4 3,274.69 0.00 0.00 0.00 0.00 3,274.69
B-5 1,403.55 0.00 0.00 0.00 0.00 1,403.55
B-6 1,519.64 0.00 0.00 0.00 40.22 1,519.64
<FN>
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, Or Fraud Losses Unless Otherwise Disclosed.
Please Refer To The Prospectus Supplement For A Full Description.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INTEREST DISTRIBUTION
Payment
Current Of Previously Current Non-Supported
Accrued Deferred Unpaid Interest Interest Interest
Class Interest Interest Shortfall Shortfall Shortfall
<S> <C> <C> <C> <C> <C>
A-1 55,038.92 0.00 0.00 0.00 0.00
A-2 59,270.94 0.00 0.00 0.00 0.00
A-3 125,364.58 0.00 0.00 0.00 0.00
A-4 131,708.33 0.00 0.00 0.00 0.00
A-5 239,624.07 0.00 0.00 0.00 0.00
A-6 27,518.91 0.00 0.00 0.00 0.00
A-7 339,740.72 0.00 0.00 0.00 0.00
A-8 247,851.32 0.00 0.00 0.00 0.00
A-9 31,718.75 0.00 0.00 0.00 0.00
A-10 30,208.33 0.00 0.00 0.00 0.00
A-11 31,062.50 0.00 0.00 0.00 0.00
A-12 11,833.33 0.00 0.00 0.00 0.00
A-13 17,500.00 0.00 0.00 0.00 0.00
A-14 331,098.24 0.00 0.00 0.00 0.00
A-15 356,225.43 0.00 0.00 0.00 0.00
A-16 52,587.30 0.00 0.00 0.00 0.00
A-17 6,666.67 0.00 0.00 0.00 0.00
A-18 25,525.95 0.00 0.00 0.00 0.00
A-19 57,193.49 0.00 0.00 0.00 0.00
A-20 132,305.88 0.00 0.00 0.00 0.00
A-R 0.00 0.00 0.00 0.00 0.00
AP 0.00 0.00 0.00 0.00 0.00
B-1 63,961.24 0.00 0.00 0.00 0.00
B-2 25,580.89 0.00 0.00 0.00 0.00
B-3 19,190.17 0.00 0.00 0.00 0.00
B-4 26,861.43 0.00 0.00 0.00 0.00
B-5 11,512.90 0.00 0.00 0.00 0.00
B-6 12,795.10 0.00 0.00 0.00 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INTEREST DISTRIBUTION
Remaining Ending
Cumulative Unpaid Certificate/Notional Realized Interest
Class Interest Shortfall Balance Losses (2) Distribution
<S> <C> <C> <C> <C>
A-1 0.00 9,031,623.16 0.00 55,038.92
A-2 0.00 9,810,363.00 0.00 59,270.94
A-3 0.00 20,750,000.00 0.00 125,364.58
A-4 0.00 21,800,000.00 0.00 131,708.33
A-5 0.00 39,632,702.95 0.00 239,624.07
A-6 0.00 4,678,394.67 0.00 27,518.91
A-7 0.00 54,269,391.82 0.00 339,740.72
A-8 0.00 40,536,042.97 0.00 247,851.32
A-9 0.00 5,250,000.00 0.00 31,718.75
A-10 0.00 5,000,000.00 0.00 30,208.33
A-11 0.00 5,325,000.00 0.00 31,062.50
A-12 0.00 1,775,000.00 0.00 11,833.33
A-13 0.00 3,000,000.00 0.00 17,500.00
A-14 0.00 55,889,648.85 0.00 331,098.24
A-15 0.00 57,317,985.74 0.00 356,225.43
A-16 0.00 9,102,872.19 0.00 52,587.30
A-17 0.00 1,000,000.00 0.00 6,666.67
A-18 0.00 4,551,436.09 0.00 25,525.95
A-19 0.00 9,102,872.19 0.00 57,193.49
A-20 0.00 22,251,865.00 0.00 132,305.88
A-R 0.00 0.00 0.00 0.00
AP 0.00 373,532.31 0.00 0.00
B-1 0.00 10,578,889.67 0.00 63,961.24
B-2 0.00 4,230,959.26 0.00 25,580.89
B-3 0.00 3,173,965.21 0.00 19,190.17
B-4 0.00 4,442,755.81 0.00 26,861.43
B-5 0.00 1,904,180.25 0.00 11,512.90
B-6 0.00 2,116,250.39 0.00 12,795.10
<FN>
(2) Amount Does Not Include Excess Special Hazard, Bankruptcy, Or Fraud Losses Unless Otherwise Disclosed.
Please Refer To The Prospectus Supplement For A Full Description.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PREPAYMENT INTEREST SHORTFALL
<S> <C>
Total Prepayment Interest Shortfall 3,100.42
Servicing Fee Support 3,100.42
Non-Supported Prepayment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 72,098.71
Master Servicing Fee 6,819.53
Supported Prepayment/Curtailment Interest Shortfall 3,100.42
Net Servicing Fees 75,817.81
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 99,301.13
Current Period Advances By Servicer 76,567.74
Reimbursement of Advances 99,301.13
Ending Cumulative Advances 76,567.74
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 11 2,477,006.67
60 Days 0 0.00
90+ Days 0 0.00
Foreclosure 4 1,046,158.36
REO 0 0.00
Totals 15 3,523,165.03
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 690,246.24
Current Period Realized Loss - Includes Interest Shortfall 40.22
Cumulative Realized Losses - Includes Interest Shortfall 1,361.58
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Mixed Fixed Ratio Strip
Weighted Average Gross Coupon 8.107763%
Weighted Average Pass-Through Rate 7.250000%
Weighted Average Maturity (Stepdown Calculation) 349 Months
Beginning Scheduled Collateral Loan Count 1,657
Number of Loans Paid in Full 6
Ending Scheduled Collateral Loan Count 1,651
Beginning Scheduled Collateral Balance 409,193,330.58
Ending Scheduled Collateral Balance 406,895,731.54
Ending Actual Collateral Balance at 30-Sep-1996 407,453,112.24
Monthly P&I Constant 2,851,393.77
Class AP Deferred Amount 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CREDIT ENHANCEMENT
Loss Description Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
Bankruptcy 153,035.91 0.03596160% 153,035.91 0.03761060%
Fraud 8,511,073.51 2.00000000% 8,511,073.51 2.09170872%
Special Hazard 4,256,324.91 1.00018521% 4,256,324.91 1.04604806%
<FN>
Limit of Subordination's Exposure for 100% of Certain Types of Losses
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
SUBORDINATION LEVEL
Class Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
A 26,597,275.14 6.25004004% 26,447,000.59 6.49969969%
B-1 15,958,275.14 3.75000289% 15,868,110.92 3.89979783%
B-2 11,703,275.14 2.75012902% 11,637,151.66 2.85998372%
B-3 8,511,275.14 2.00004738% 8,463,186.45 2.07993985%
B-4 4,043,275.14 0.95012107% 4,020,430.64 0.98807393%
B-5 2,128,275.14 0.50011908% 2,116,250.39 0.52009648%
B-6 0.00 0.00000000% 0.00 0.00000000%
<FN>
Please refer to the Prospectus Supplement For A Full Description Of Loss Exposure
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
OTHER ACCOUNTS
Account Beginning Current Period Current Period Ending
Type Balance Withdrawals Deposits Balance
<S> <C> <C> <C> <C>
A-11 Rounding Account 999.99 0.00 0.00 999.99
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
The Prudential Home Mortgage Securities Company, Inc.
Mortgage Pass-Through Certificates
Statements to Certificateholders
Record Date: 30-Sep-1996
Distribution Date: 25-Oct-1996
PHMSC Series 1996-3
Customer Service
Norwest Bank Minnesota, N.A.
Securities Administration Services
5325 Spectrum Drive
Frederick, MD 21703
Telephone:(301) 846-8130
Fax:(301) 846-8152
CERTIFICATE INFORMATION
Certificate Original Ending Ending
Pass-Through Face Certificate Certificate
Class CUSIP Rate Amount Balance Percentage
<S> <C> <C> <C> <C> <C>
A-1 74434UXU3 6.75000 5,051,000.00 4,742,770.46 0.93897653
A-2 74434UXV1 6.75000 27,033,000.00 24,486,624.97 0.90580494
A-3 74434UXW9 6.75000 58,855,000.00 55,494,120.29 0.94289560
A-4 74434UXX7 6.75000 10,915,000.00 10,915,000.00 1.00000000
A-5 74434UXY5 6.75000 18,000,000.00 17,534,963.46 0.97416464
A-R 74434UYD0 6.75000 100.00 0.00 0.00000000
AP 74434UXZ2 0.00000 647,572.74 625,415.34 0.96578392
M 74434UYA6 6.75000 1,249,000.00 1,216,731.63 0.97416464
B-1 74434UYB4 6.75000 1,249,000.00 1,216,731.63 0.97416464
B-2 74434UYC2 6.75000 624,000.00 607,878.73 0.97416463
B-3 74434UYE8 6.75000 562,000.00 547,480.53 0.97416464
B-4 74434UYF5 6.75000 312,000.00 303,939.37 0.97416465
B-5 74434UYG3 6.75000 375,241.61 365,547.11 0.97416465
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PRINCIPAL DISTRIBUTION
Scheduled Unscheduled
Principal Principal Deferred Realized Principal
Class Distribution Distribution Accretion Interest Loss (1) Distribution
<S> <C> <C> <C> <C> <C> <C>
A-1 16,354.23 59,381.20 0.00 0.00 0.00 75,735.43
A-2 135,107.09 490,565.60 0.00 0.00 0.00 625,672.69
A-3 178,323.57 647,481.98 0.00 0.00 0.00 825,805.55
A-4 0.00 0.00 0.00 0.00 0.00 0.00
A-5 59,717.14 0.00 0.00 0.00 0.00 59,717.14
A-R 0.00 0.00 0.00 0.00 0.00 0.00
AP 2,317.33 216.40 0.00 0.00 0.00 2,533.73
M 4,143.71 0.00 0.00 0.00 0.00 4,143.71
B-1 4,143.71 0.00 0.00 0.00 0.00 4,143.71
B-2 2,070.19 0.00 0.00 0.00 0.00 2,070.19
B-3 1,864.50 0.00 0.00 0.00 0.00 1,864.50
B-4 1,035.10 0.00 0.00 0.00 0.00 1,035.10
B-5 1,083.75 0.00 0.00 0.00 161.16 1,083.75
<FN>
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, Or Fraud Losses Unless Otherwise Disclosed.
Please Refer To The Prospectus Supplement For A Full Description.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INTEREST DISTRIBUTION
Payment
Current Of Previously Current Non-Supported
Accrued Deferred Unpaid Interest Interest Interest
Class Interest Interest Shortfall Shortfall Shortfall
<S> <C> <C> <C> <C> <C>
A-1 27,104.10 0.00 0.00 0.00 12.29
A-2 141,256.67 0.00 0.00 0.00 64.06
A-3 316,799.58 0.00 0.00 0.00 143.67
A-4 61,396.88 0.00 0.00 0.00 27.84
A-5 98,970.08 0.00 0.00 0.00 44.88
A-R 0.00 0.00 0.00 0.00 0.00
AP 0.00 0.00 0.00 0.00 0.00
M 6,867.42 0.00 0.00 0.00 3.10
B-1 6,867.42 0.00 0.00 0.00 3.10
B-2 3,430.96 0.00 0.00 0.00 1.55
B-3 3,090.07 0.00 0.00 0.00 1.39
B-4 1,715.48 0.00 0.00 0.00 0.77
B-5 2,063.21 0.00 0.00 0.00 0.93
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INTEREST DISTRIBUTION
Remaining Ending
Cumulative Unpaid Certificate/Notional Realized Interest
Class Interest Shortfall Balance Losses (2) Distribution
<S> <C> <C> <C> <C>
A-1 0.00 4,742,770.46 0.00 27,091.80
A-2 0.00 24,486,624.97 0.00 141,192.61
A-3 0.00 55,494,120.29 0.00 316,655.91
A-4 0.00 10,915,000.00 0.00 61,369.03
A-5 0.00 17,534,963.46 0.00 98,925.19
A-R 0.00 0.00 0.00 0.00
AP 0.00 625,415.34 0.00 0.00
M 0.00 1,216,731.63 0.00 6,864.33
B-1 0.00 1,216,731.63 0.00 6,864.33
B-2 0.00 607,878.73 0.00 3,429.42
B-3 0.00 547,480.53 0.00 3,088.67
B-4 0.00 303,939.37 0.00 1,714.71
B-5 0.00 365,547.11 0.00 2,062.27
<FN>
(2) Amount Does Not Include Excess Special Hazard, Bankruptcy, Or Fraud Losses Unless Otherwise Disclosed.
Please Refer To The Prospectus Supplement For A Full Description.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PREPAYMENT INTEREST SHORTFALL
<S> <C>
Total Prepayment Interest Shortfall 1,600.45
Servicing Fee Support 1,296.87
Non-Supported Prepayment Interest Shortfall 303.58
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 20,316.15
Master Servicing Fee 1,993.74
Supported Prepayment/Curtailment Interest Shortfall 1,296.87
Net Servicing Fees 21,013.02
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 11,276.72
Current Period Advances By Servicer 32,760.95
Reimbursement of Advances 11,276.72
Ending Cumulative Advances 32,760.95
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 1 224,503.30
60 Days 0 0.00
90+ Days 0 0.00
Foreclosure 1 367,500.00
REO 0 0.00
Totals 2 592,003.30
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 110,548.97
Current Period Realized Loss - Includes Interest Shortfall 161.16
Cumulative Realized Losses - Includes Interest Shortfall 2,395.59
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Fixed 15 Year Ratio Strip
Weighted Average Gross Coupon 7.427368%
Weighted Average Pass-Through Rate 6.750000%
Weighted Average Maturity (Stepdown Calculation) 170 Months
Beginning Scheduled Collateral Loan Count 459
Number of Loans Paid in Full 3
Ending Scheduled Collateral Loan Count 456
Beginning Scheduled Collateral Balance 119,661,170.17
Ending Scheduled Collateral Balance 118,057,203.51
Ending Actual Collateral Balance at 30-Sep-1996 118,990,335.54
Monthly P&I Constant 1,100,858.83
Class AP Deferred Amount 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CREDIT ENHANCEMENT
Loss Description Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
Bankruptcy 100,000.00 0.08008142% 100,000.00 0.08470470%
Fraud 2,497,707.01 2.00019918% 2,497,707.01 2.11567523%
Special Hazard 1,987,480.00 1.59160216% 1,987,480.00 1.68348897%
<FN>
Limit of Subordination's Exposure for 100% of Certain Types of Losses
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
SUBORDINATION LEVEL
Class Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
A 4,371,241.61 3.50055225% 4,258,309.00 3.60698786%
M 3,122,241.61 2.50033534% 3,041,577.37 2.57635898%
B-1 1,873,241.61 1.50011844% 1,824,845.74 1.54573011%
B-2 1,249,241.61 1.00041039% 1,216,967.01 1.03082825%
B-3 687,241.61 0.55035282% 669,486.48 0.56708651%
B-4 375,241.61 0.30049880% 365,547.11 0.30963558%
B-5 0.00 0.00000000% 0.00 0.00000000%
<FN>
Please refer to the Prospectus Supplement For A Full Description Of Loss Exposure
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
The Prudential Home Mortgage Securities Company, Inc.
Mortgage Pass-Through Certificates
Statements to Certificateholders
Record Date: 30-Sep-1996
Distribution Date: 25-Oct-1996
PHMSC Series 1996-4
Customer Service
Norwest Bank Minnesota, N.A.
Securities Administration Services
5325 Spectrum Drive
Frederick, MD 21703
Telephone:(301) 846-8130
Fax:(301) 846-8152
CERTIFICATE INFORMATION
Certificate Original Ending Ending
Pass-Through Face Certificate Certificate
Class CUSIP Rate Amount Balance Percentage
<S> <C> <C> <C> <C> <C>
A-1 74434UYQ1 6.50000 134,516,000.00 130,255,817.55 0.96832955
A-2 74434UYR9 6.50000 10,000,000.00 10,000,000.00 1.00000000
A-3 74434UYS7 7.00000 10,530,000.00 10,530,000.00 1.00000000
A-4 74434UYT5 0.00000 810,000.00 810,000.00 1.00000000
A-5 74434UYU2 6.50000 9,900,000.00 9,844,795.00 0.99442374
A-R 74434UYV0 6.50000 1,000.00 0.00 0.00000000
AP 74434UYW8 0.00000 27,206.22 26,989.60 0.99203785
M 74434UYX6 6.50000 4,409,000.00 4,384,414.26 0.99442374
B-1 74434UYY4 6.50000 1,764,000.00 1,754,163.47 0.99442374
B-2 74434UYZ1 6.50000 1,322,000.00 1,314,628.18 0.99442374
B-3 74434UZW7 6.50000 1,500,000.00 1,491,635.61 0.99442374
B-4 74434UZX5 6.50000 793,000.00 788,578.02 0.99442373
B-5 74434UZY3 6.50000 794,392.15 789,962.41 0.99442374
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PRINCIPAL DISTRIBUTION
Scheduled Unscheduled
Principal Principal Deferred Realized Principal
Class Distribution Distribution Accretion Interest Loss (1) Distribution
<S> <C> <C> <C> <C> <C> <C>
A-1 124,422.62 618,044.68 0.00 0.00 0.00 742,467.30
A-2 0.00 0.00 0.00 0.00 0.00 0.00
A-3 0.00 0.00 0.00 0.00 0.00 0.00
A-4 0.00 0.00 0.00 0.00 0.00 0.00
A-5 8,047.33 0.00 0.00 0.00 0.00 8,047.33
A-R 0.00 0.00 0.00 0.00 0.00 0.00
AP 25.22 4.38 0.00 0.00 0.00 29.60
M 3,583.91 0.00 0.00 0.00 0.00 3,583.91
B-1 1,433.89 0.00 0.00 0.00 0.00 1,433.89
B-2 1,074.60 0.00 0.00 0.00 0.00 1,074.60
B-3 1,219.29 0.00 0.00 0.00 0.00 1,219.29
B-4 644.60 0.00 0.00 0.00 0.00 644.60
B-5 428.86 0.00 0.00 0.00 216.87 428.86
<FN>
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, Or Fraud Losses Unless Otherwise Disclosed.
Please Refer To The Prospectus Supplement For A Full Description.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INTEREST DISTRIBUTION
Payment
Current Of Previously Current Non-Supported
Accrued Deferred Unpaid Interest Interest Interest
Class Interest Interest Shortfall Shortfall Shortfall
<S> <C> <C> <C> <C> <C>
A-1 709,574.04 0.00 0.00 0.00 0.00
A-2 54,166.67 0.00 0.00 0.00 0.00
A-3 61,425.00 0.00 0.00 0.00 0.00
A-4 0.00 0.00 0.00 0.00 0.00
A-5 53,369.56 0.00 0.00 0.00 0.00
A-R 0.00 0.00 0.00 0.00 0.00
AP 0.00 0.00 0.00 0.00 0.00
M 23,768.32 0.00 0.00 0.00 0.00
B-1 9,509.49 0.00 0.00 0.00 0.00
B-2 7,126.72 0.00 0.00 0.00 0.00
B-3 8,086.30 0.00 0.00 0.00 0.00
B-4 4,274.96 0.00 0.00 0.00 0.00
B-5 4,282.46 0.00 0.00 0.00 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INTEREST DISTRIBUTION
Remaining Ending
Cumulative Unpaid Certificate/Notional Realized Interest
Class Interest Shortfall Balance Losses (2) Distribution
<S> <C> <C> <C> <C>
A-1 0.00 130,255,817.55 0.00 709,574.04
A-2 0.00 10,000,000.00 0.00 54,166.67
A-3 0.00 10,530,000.00 0.00 61,425.00
A-4 0.00 810,000.00 0.00 0.00
A-5 0.00 9,844,795.00 0.00 53,369.56
A-R 0.00 0.00 0.00 0.00
AP 0.00 26,989.60 0.00 0.00
M 0.00 4,384,414.26 0.00 23,768.32
B-1 0.00 1,754,163.47 0.00 9,509.49
B-2 0.00 1,314,628.18 0.00 7,126.72
B-3 0.00 1,491,635.61 0.00 8,086.30
B-4 0.00 788,578.02 0.00 4,274.96
B-5 0.00 789,962.41 0.00 4,282.46
<FN>
(2) Amount Does Not Include Excess Special Hazard, Bankruptcy, Or Fraud Losses Unless Otherwise Disclosed.
Please Refer To The Prospectus Supplement For A Full Description.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PREPAYMENT INTEREST SHORTFALL
<S> <C>
Total Prepayment Interest Shortfall 386.12
Servicing Fee Support 386.12
Non-Supported Prepayment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 29,008.33
Master Servicing Fee 2,879.17
Supported Prepayment/Curtailment Interest Shortfall 386.12
Net Servicing Fees 31,501.37
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 0.00
Current Period Advances By Servicer 0.00
Reimbursement of Advances 0.00
Ending Cumulative Advances 0.00
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 0 0.00
60 Days 0 0.00
90+ Days 0 0.00
Foreclosure 0 0.00
REO 0 0.00
Totals 0 0.00
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 58,738.17
Current Period Realized Loss - Includes Interest Shortfall 216.87
Cumulative Realized Losses - Includes Interest Shortfall 1,613.84
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Fixed 30 Year Ratio Strip
Weighted Average Gross Coupon 7.369858%
Weighted Average Pass-Through Rate 6.500000%
Weighted Average Maturity (Stepdown Calculation) 350 Months
Beginning Scheduled Collateral Loan Count 591
Number of Loans Paid in Full 2
Ending Scheduled Collateral Loan Count 589
Beginning Scheduled Collateral Balance 172,750,130.35
Ending Scheduled Collateral Balance 171,990,984.10
Ending Actual Collateral Balance at 30-Sep-1996 172,332,179.60
Monthly P&I Constant 1,108,831.09
Class AP Deferred Amount 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CREDIT ENHANCEMENT
Loss Description Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
Bankruptcy 100,000.00 0.05670008% 100,000.00 0.05814258%
Fraud 3,527,342.14 2.00000577% 3,527,342.14 2.05088782%
Special Hazard 1,763,671.07 1.00000288% 1,763,671.07 1.02544391%
<FN>
Limit of Subordination's Exposure for 100% of Certain Types of Losses
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
SUBORDINATION LEVEL
Class Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
A 10,582,392.15 6.00022467% 10,523,381.95 6.11856604%
M 6,173,392.15 3.50031820% 6,138,967.69 3.56935436%
B-1 4,409,392.15 2.50012882% 4,384,804.22 2.54943842%
B-2 3,087,392.15 1.75055378% 3,070,176.04 1.78507964%
B-3 1,587,392.15 0.90005260% 1,578,540.43 0.91780417%
B-4 794,392.15 0.45042097% 789,962.41 0.45930455%
B-5 0.00 0.00000000% 0.00 0.00000000%
<FN>
Please refer to the Prospectus Supplement For A Full Description Of Loss Exposure
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
OTHER ACCOUNTS
Account Beginning Current Period Current Period Ending
Type Balance Withdrawals Deposits Balance
<S> <C> <C> <C> <C>
A-3 Financial Guaranty 0.00 0.00 0.00 0.00
A-3 Rounding Account 999.99 0.00 0.00 999.99
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
The Prudential Home Mortgage Securities Company, Inc.
Mortgage Pass-Through Certificates
Statements to Certificateholders
Record Date: 30-Sep-1996
Distribution Date: 25-Oct-1996
PHMSC Series 1996-5
Customer Service
Norwest Bank Minnesota, N.A.
Securities Administration Services
5325 Spectrum Drive
Frederick, MD 21703
Telephone:(301) 846-8130
Fax:(301) 846-8152
CERTIFICATE INFORMATION
Certificate Original Ending Ending
Pass-Through Face Certificate Certificate
Class CUSIP Rate Amount Balance Percentage
<S> <C> <C> <C> <C> <C>
A-1 74434UZD9 7.25000 84,986,890.00 82,039,332.95 0.96531751
A-2 74434UZE7 7.25000 4,900,000.00 4,900,000.00 1.00000000
A-3 74434UZF4 7.25000 7,000,000.00 7,000,000.00 1.00000000
A-4 74434UZG2 7.25000 22,132,100.00 22,132,100.00 1.00000000
A-5 74434UZH0 7.25000 12,975,050.00 12,909,808.75 0.99497179
A-6 74434UZJ6 7.25000 12,975,050.00 12,909,808.75 0.99497179
A-7 74434UZK3 8.00000 22,144,779.00 21,376,742.96 0.96531751
A-8 74434UZL1 7.00000 19,972,347.00 19,279,656.27 0.96531751
A-9 74434UZM9 7.25000 13,103,000.00 13,103,000.00 1.00000000
A-10 74434UZN7 7.05000 47,781,684.00 45,724,659.87 0.95694953
A-11 74434UZP2 7.05000 7,262,000.00 7,262,000.00 1.00000000
A-12 74434UZQ0 7.05000 4,268,000.00 4,268,000.00 1.00000000
A-R 74434UZR8 7.25000 100.00 0.00 0.00000000
AP 74434UZS6 0.00000 909,987.42 893,351.48 0.98171849
M 74434UZT4 7.25000 6,250,000.00 6,218,573.70 0.99497179
B-1 74434UZU1 7.25000 3,472,000.00 3,454,542.06 0.99497179
B-2 74434UZV9 7.25000 2,083,000.00 2,072,526.24 0.99497179
B-3 74434UZZ0 7.25000 2,778,000.00 2,764,031.64 0.99497179
B-4 74434UA20 7.25000 1,389,000.00 1,382,015.82 0.99497179
B-5 74434UA38 7.25000 1,388,926.01 1,381,942.20 0.99497179
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PRINCIPAL DISTRIBUTION
Scheduled Unscheduled
Principal Principal Deferred Realized Principal
Class Distribution Distribution Accretion Interest Loss (1) Distribution
<S> <C> <C> <C> <C> <C> <C>
A-1 77,297.86 155,483.08 0.00 0.00 0.00 232,780.94
A-2 0.00 0.00 0.00 0.00 0.00 0.00
A-3 0.00 0.00 0.00 0.00 0.00 0.00
A-4 0.00 0.00 0.00 0.00 0.00 0.00
A-5 9,624.39 0.00 0.00 0.00 0.00 9,624.39
A-6 9,624.39 0.00 0.00 0.00 0.00 9,624.39
A-7 20,141.27 40,513.76 0.00 0.00 0.00 60,655.03
A-8 18,165.39 36,539.31 0.00 0.00 0.00 54,704.69
A-9 0.00 0.00 0.00 0.00 0.00 0.00
A-10 53,944.18 108,507.64 0.00 0.00 0.00 162,451.82
A-11 0.00 0.00 0.00 0.00 0.00 0.00
A-12 0.00 0.00 0.00 0.00 0.00 0.00
A-R 0.00 0.00 0.00 0.00 0.00 0.00
AP 790.09 207.18 0.00 0.00 0.00 997.26
M 4,636.01 0.00 0.00 0.00 0.00 4,636.01
B-1 2,575.39 0.00 0.00 0.00 0.00 2,575.39
B-2 1,545.09 0.00 0.00 0.00 0.00 1,545.09
B-3 2,060.61 0.00 0.00 0.00 0.00 2,060.61
B-4 1,030.31 0.00 0.00 0.00 0.00 1,030.31
B-5 1,030.25 0.00 0.00 0.00 0.00 1,030.25
<FN>
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, Or Fraud Losses Unless Otherwise Disclosed.
Please Refer To The Prospectus Supplement For A Full Description.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INTEREST DISTRIBUTION
Payment
Current Of Previously Current Non-Supported
Accrued Deferred Unpaid Interest Interest Interest
Class Interest Interest Shortfall Shortfall Shortfall
<S> <C> <C> <C> <C> <C>
A-1 497,060.69 0.00 0.00 0.00 0.00
A-2 29,604.17 0.00 0.00 0.00 0.00
A-3 42,291.67 0.00 0.00 0.00 0.00
A-4 133,714.77 0.00 0.00 0.00 0.00
A-5 78,054.91 0.00 0.00 0.00 0.00
A-6 78,054.91 0.00 0.00 0.00 0.00
A-7 142,915.99 0.00 0.00 0.00 0.00
A-8 112,783.77 0.00 0.00 0.00 0.00
A-9 79,163.96 0.00 0.00 0.00 0.00
A-10 269,586.78 0.00 0.00 0.00 0.00
A-11 42,664.25 0.00 0.00 0.00 0.00
A-12 25,074.50 0.00 0.00 0.00 0.00
A-R 0.00 0.00 0.00 0.00 0.00
AP 0.00 0.00 0.00 0.00 0.00
M 37,598.56 0.00 0.00 0.00 0.00
B-1 20,886.75 0.00 0.00 0.00 0.00
B-2 12,530.85 0.00 0.00 0.00 0.00
B-3 16,711.81 0.00 0.00 0.00 0.00
B-4 8,355.90 0.00 0.00 0.00 0.00
B-5 8,355.46 0.00 0.00 0.00 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INTEREST DISTRIBUTION
Remaining Ending
Cumulative Unpaid Certificate/Notional Realized Interest
Class Interest Shortfall Balance Losses (2) Distribution
<S> <C> <C> <C> <C>
A-1 0.00 82,039,332.95 0.00 497,060.69
A-2 0.00 4,900,000.00 0.00 29,604.17
A-3 0.00 7,000,000.00 0.00 42,291.67
A-4 0.00 22,132,100.00 0.00 133,714.77
A-5 0.00 12,909,808.75 0.00 78,054.91
A-6 0.00 12,909,808.75 0.00 78,054.91
A-7 0.00 21,376,742.96 0.00 142,915.99
A-8 0.00 19,279,656.27 0.00 112,783.77
A-9 0.00 13,103,000.00 0.00 79,163.96
A-10 0.00 45,724,659.87 0.00 269,586.78
A-11 0.00 7,262,000.00 0.00 42,664.25
A-12 0.00 4,268,000.00 0.00 25,074.50
A-R 0.00 0.00 0.00 334.18
AP 0.00 893,351.48 0.00 0.00
M 0.00 6,218,573.70 0.00 37,598.56
B-1 0.00 3,454,542.06 0.00 20,886.75
B-2 0.00 2,072,526.24 0.00 12,530.85
B-3 0.00 2,764,031.64 0.00 16,711.81
B-4 0.00 1,382,015.82 0.00 8,355.90
B-5 0.00 1,381,942.20 0.00 8,355.46
<FN>
(2) Amount Does Not Include Excess Special Hazard, Bankruptcy, Or Fraud Losses Unless Otherwise Disclosed.
Please Refer To The Prospectus Supplement For A Full Description.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PREPAYMENT INTEREST SHORTFALL
<S> <C>
Total Prepayment Interest Shortfall 864.63
Servicing Fee Support 864.63
Non-Supported Prepayment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 48,013.64
Master Servicing Fee 4,526.87
Supported Prepayment/Curtailment Interest Shortfall 864.63
Net Servicing Fees 51,675.88
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 16,485.81
Current Period Advances By Servicer 42,399.99
Reimbursement of Advances 16,485.81
Ending Cumulative Advances 42,399.99
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 5 958,934.45
60 Days 1 125,592.69
90+ Days 1 159,495.74
Foreclosure 0 0.00
REO 0 0.00
Totals 7 1,244,022.88
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 488,493.60
Current Period Realized Loss - Includes Interest Shortfall 0.00
Cumulative Realized Losses - Includes Interest Shortfall 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Mixed Fixed Ratio Strip
Weighted Average Gross Coupon 7.984285%
Weighted Average Pass-Through Rate 7.250000%
Weighted Average Maturity (Stepdown Calculation) 350 Months
Beginning Scheduled Collateral Loan Count 1,058
Number of Loans Paid in Full 1
Ending Scheduled Collateral Loan Count 1,057
Beginning Scheduled Collateral Balance 271,615,808.87
Ending Scheduled Collateral Balance 271,072,092.69
Ending Actual Collateral Balance at 30-Sep-1996 271,269,083.46
Monthly P&I Constant 1,890,939.64
Class AP Deferred Amount 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CREDIT ENHANCEMENT
Loss Description Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
Bankruptcy 104,046.98 0.03745770% 104,046.98 0.03838351%
Fraud 5,556,876.51 2.00051778% 5,556,876.51 2.04996260%
Special Hazard 2,778,438.25 1.00025889% 2,778,438.25 1.02498130%
<FN>
Limit of Subordination's Exposure for 100% of Certain Types of Losses
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
SUBORDINATION LEVEL
Class Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
A 17,360,926.01 6.25006531% 17,273,631.66 6.37233862%
M 11,110,926.01 4.00001781% 11,055,057.96 4.07827226%
B-1 7,638,926.01 2.75007142% 7,600,515.90 2.80387251%
B-2 5,555,926.01 2.00017559% 5,527,989.66 2.03930608%
B-3 2,777,926.01 1.00007448% 2,763,958.02 1.01963946%
B-4 1,388,926.01 0.50002392% 1,381,942.20 0.50980615%
B-5 0.00 0.00000000% 0.00 0.00000000%
<FN>
Please refer to the Prospectus Supplement For A Full Description Of Loss Exposure
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
The Prudential Home Mortgage Securities Company, Inc.
Mortgage Pass-Through Certificates
Statements to Certificateholders
Record Date: 30-Sep-1996
Distribution Date: 25-Oct-1996
PHMSC Series 1996-6
Customer Service
Norwest Bank Minnesota, N.A.
Securities Administration Services
5325 Spectrum Drive
Frederick, MD 21703
Telephone:(301) 846-8130
Fax:(301) 846-8152
CERTIFICATE INFORMATION
Certificate Original Ending Ending
Pass-Through Face Certificate Certificate
Class CUSIP Rate Amount Balance Percentage
<S> <C> <C> <C> <C> <C>
A-1 74434UC44 6.00000 44,997,000.00 43,006,960.10 0.95577394
A-2 74434UC51 6.87500 16,760,000.00 16,760,000.00 1.00000000
A-3 74434UC69 7.25000 37,500,000.00 35,652,153.22 0.95072409
A-4 74434UD35 2.80042 70,090,413.28 70,186,707.40 1.00137386
A-5 74434UC77 7.25000 14,793,800.00 13,820,344.19 0.93419839
A-6 74434UC85 7.25000 15,000,000.00 14,931,300.85 0.99542006
A-R 74434UC93 7.25000 100.00 93.42 0.93420000
A-LR 74434UD27 7.25000 100.00 93.42 0.93420000
B-1 74434UD43 7.25000 4,779,000.00 4,757,112.45 0.99542006
B-2 74434UD50 7.25000 3,186,000.00 3,171,408.30 0.99542006
B-3 74434UD68 7.25000 1,062,000.00 1,057,136.10 0.99542006
B-4 74434UD76 7.25000 2,125,000.00 2,115,267.62 0.99542006
B-5 74434UD84 7.25000 1,062,000.00 1,057,136.10 0.99542006
B-6 74434UD92 7.25000 1,062,196.34 1,057,331.54 0.99542006
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PRINCIPAL DISTRIBUTION
Scheduled Unscheduled
Principal Principal Deferred Realized Principal
Class Distribution Distribution Accretion Interest Loss (1) Distribution
<S> <C> <C> <C> <C> <C> <C>
A-1 71,634.64 347,581.43 0.00 0.00 0.00 419,216.07
A-2 0.00 0.00 0.00 0.00 0.00 0.00
A-3 64,273.04 311,861.90 0.00 0.00 0.00 376,134.94
A-4 43,004.11 200,981.66 (220,666.33) 0.00 0.00 23,319.44
A-5 0.00 0.00 0.00 0.00 0.00 0.00
A-6 11,689.46 0.00 0.00 0.00 0.00 11,689.46
A-R 0.00 0.00 0.00 0.00 0.00 0.00
A-LR 0.00 0.00 0.00 0.00 0.00 0.00
B-1 3,724.26 0.00 0.00 0.00 0.00 3,724.26
B-2 2,482.84 0.00 0.00 0.00 0.00 2,482.84
B-3 827.61 0.00 0.00 0.00 0.00 827.61
B-4 1,656.01 0.00 0.00 0.00 0.00 1,656.01
B-5 827.61 0.00 0.00 0.00 0.00 827.61
B-6 614.22 0.00 0.00 0.00 213.54 614.22
<FN>
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, Or Fraud Losses Unless Otherwise Disclosed.
Please Refer To The Prospectus Supplement For A Full Description.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INTEREST DISTRIBUTION
Payment
Current Of Previously Current Non-Supported
Accrued Deferred Unpaid Interest Interest Interest
Class Interest Interest Shortfall Shortfall Shortfall
<S> <C> <C> <C> <C> <C>
A-1 217,130.88 0.00 0.00 0.00 63.66
A-2 96,020.83 0.00 0.00 0.00 28.15
A-3 217,670.91 0.00 0.00 0.00 63.81
A-4 518,804.75 0.00 0.00 0.00 152.10
A-5 83,497.91 0.00 0.00 0.00 24.48
A-6 90,280.57 0.00 0.00 0.00 26.47
A-R 0.56 0.00 0.00 0.00 0.00
A-LR 0.56 0.00 0.00 0.00 0.00
B-1 28,763.39 0.00 0.00 0.00 8.83
B-2 19,175.59 0.00 0.00 0.00 5.89
B-3 6,391.86 0.00 0.00 0.00 1.96
B-4 12,789.75 0.00 0.00 0.00 3.93
B-5 6,391.86 0.00 0.00 0.00 1.96
B-6 6,393.05 0.00 154.06 0.00 1.96
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INTEREST DISTRIBUTION
Remaining Ending
Cumulative Unpaid Certificate/Notional Realized Interest
Class Interest Shortfall Balance Losses (2) Distribution
<S> <C> <C> <C> <C>
A-1 0.00 43,006,960.10 0.00 217,067.23
A-2 0.00 16,760,000.00 0.00 95,992.68
A-3 0.00 35,652,153.22 0.00 217,607.09
A-4 0.00 221,440,233.47 0.00 518,652.66
A-5 0.00 13,820,344.19 0.00 83,473.43
A-6 0.00 14,931,300.85 0.00 90,254.10
A-R 0.00 93.42 0.00 0.56
A-LR 0.00 93.42 0.00 0.56
B-1 0.00 4,757,112.45 0.00 28,754.56
B-2 0.00 3,171,408.30 0.00 19,169.71
B-3 0.00 1,057,136.10 0.00 6,389.90
B-4 0.00 2,115,267.62 0.00 12,785.82
B-5 0.00 1,057,136.10 0.00 6,389.90
B-6 0.00 1,057,331.54 0.00 6,545.14
<FN>
(2) Amount Does Not Include Excess Special Hazard, Bankruptcy, Or Fraud Losses Unless Otherwise Disclosed.
Please Refer To The Prospectus Supplement For A Full Description.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PREPAYMENT INTEREST SHORTFALL
<S> <C>
Total Prepayment Interest Shortfall 1,543.81
Servicing Fee Support 1,160.61
Non-Supported Prepayment Interest Shortfall 383.20
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 35,921.57
Master Servicing Fee 3,473.39
Supported Prepayment/Curtailment Interest Shortfall 1,160.61
Net Servicing Fees 38,234.36
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 7,651.28
Current Period Advances By Servicer 24,689.20
Reimbursement of Advances 7,651.28
Ending Cumulative Advances 24,689.20
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 3 737,576.19
60 Days 0 0.00
90+ Days 0 0.00
Foreclosure 0 0.00
REO 0 0.00
Totals 3 737,576.19
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 234,037.48
Current Period Realized Loss - Includes Interest Shortfall 213.54
Cumulative Realized Losses - Includes Interest Shortfall 3,572.14
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Mixed Fixed
Weighted Average Gross Coupon 7.731047%
Weighted Average Pass-Through Rate 7.250000%
Weighted Average Maturity (Stepdown Calculation) 349 Months
Beginning Scheduled Collateral Loan Count 797
Number of Loans Paid in Full 3
Ending Scheduled Collateral Loan Count 794
Beginning Scheduled Collateral Balance 208,413,750.75
Ending Scheduled Collateral Balance 207,573,044.73
Ending Actual Collateral Balance at 30-Sep-1996 207,807,197.35
Monthly P&I Constant 1,506,339.15
Class AP Deferred Amount 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CREDIT ENHANCEMENT
Loss Description Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
Bankruptcy 100,000.00 0.04707708% 100,000.00 0.04817581%
Fraud 4,248,352.19 2.00000000% 4,248,352.19 2.04667817%
Special Hazard 2,143,632.20 1.00915936% 2,143,632.20 1.03271222%
<FN>
Limit of Subordination's Exposure for 100% of Certain Types of Losses
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
SUBORDINATION LEVEL
Class Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
A 13,276,196.34 6.25004507% 13,215,392.11 6.36662247%
B-1 8,497,196.34 4.00023160% 8,458,279.66 4.07484492%
B-2 5,311,196.34 2.50035595% 5,286,871.36 2.54699321%
B-3 4,249,196.34 2.00039740% 4,229,735.26 2.03770931%
B-4 2,124,196.34 1.00000953% 2,114,467.64 1.01866196%
B-5 1,062,196.34 0.50005098% 1,057,331.54 0.50937806%
B-6 0.00 0.00000000% 0.00 0.00000000%
<FN>
Please refer to the Prospectus Supplement For A Full Description Of Loss Exposure
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
The Prudential Home Mortgage Securities Company, Inc.
Mortgage Pass-Through Certificates
Statements to Certificateholders
Record Date: 30-Sep-1996
Distribution Date: 25-Oct-1996
PHMSC Series 1996-7
Customer Service
Norwest Bank Minnesota, N.A.
Securities Administration Services
5325 Spectrum Drive
Frederick, MD 21703
Telephone:(301) 846-8130
Fax:(301) 846-8152
CERTIFICATE INFORMATION
Certificate Original Ending Ending
Pass-Through Face Certificate Certificate
Class CUSIP Rate Amount Balance Percentage
<S> <C> <C> <C> <C> <C>
A-1 74434UH98 6.75000 91,297,000.00 86,860,801.40 0.95140915
A-2 74434UJ21 6.75000 15,000,000.00 13,970,019.81 0.93133465
A-3 74434UJ39 6.75000 6,197,000.00 6,197,000.00 1.00000000
A-4 74434UJ47 6.75000 41,197,000.00 41,197,000.00 1.00000000
A-5 74434UJ54 6.75000 23,981,000.00 23,981,000.00 1.00000000
A-6 74434UJ62 6.75000 34,862,000.00 34,862,000.00 1.00000000
A-7 74434UJ70 6.75000 4,038,000.00 4,038,000.00 1.00000000
A-8 74434UJ88 6.75000 32,026,000.00 29,312,035.39 0.91525746
A-9 74434UJ96 6.75000 13,078,000.00 11,951,299.04 0.91384761
A-10 74434UK29 6.75000 31,000,000.00 30,494,427.90 0.98369122
A-R 74434UK37 6.75000 100.00 0.00 0.00000000
AP 74434UK45 0.00000 4,637,677.00 4,500,983.85 0.97052551
M 74434UK52 6.75000 4,633,000.00 4,557,441.43 0.98369122
B-1 74434UK60 6.75000 2,317,000.00 2,279,212.56 0.98369122
B-2 74434UK78 6.75000 772,000.00 759,409.62 0.98369122
B-3 74434UK86 6.75000 2,008,000.00 1,975,251.98 0.98369123
B-4 74434UK94 6.75000 926,000.00 910,898.07 0.98369122
B-5 74434UL28 6.75000 927,679.28 912,549.97 0.98369123
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PRINCIPAL DISTRIBUTION
Scheduled Unscheduled
Principal Principal Deferred Realized Principal
Class Distribution Distribution Accretion Interest Loss (1) Distribution
<S> <C> <C> <C> <C> <C> <C>
A-1 407,153.99 545,078.82 0.00 0.00 0.00 952,232.81
A-2 94,531.51 126,554.39 0.00 0.00 0.00 221,085.89
A-3 0.00 0.00 0.00 0.00 0.00 0.00
A-4 0.00 0.00 0.00 0.00 0.00 0.00
A-5 0.00 0.00 0.00 0.00 0.00 0.00
A-6 0.00 0.00 0.00 0.00 0.00 0.00
A-7 0.00 0.00 0.00 0.00 0.00 0.00
A-8 263,553.18 352,832.74 0.00 0.00 0.00 616,385.92
A-9 88,936.38 119,063.89 0.00 0.00 0.00 208,000.27
A-10 102,746.65 0.00 0.00 0.00 0.00 102,746.65
A-R 0.00 0.00 0.00 0.00 0.00 0.00
AP 15,818.16 9,078.65 0.00 0.00 0.00 24,896.82
M 15,355.65 0.00 0.00 0.00 0.00 15,355.65
B-1 7,679.48 0.00 0.00 0.00 0.00 7,679.48
B-2 2,558.72 0.00 0.00 0.00 0.00 2,558.72
B-3 6,655.33 0.00 0.00 0.00 0.00 6,655.33
B-4 3,069.14 0.00 0.00 0.00 0.00 3,069.14
B-5 3,074.71 0.00 0.00 0.00 0.00 3,074.71
<FN>
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, Or Fraud Losses Unless Otherwise Disclosed.
Please Refer To The Prospectus Supplement For A Full Description.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INTEREST DISTRIBUTION
Payment
Current Of Previously Current Non-Supported
Accrued Deferred Unpaid Interest Interest Interest
Class Interest Interest Shortfall Shortfall Shortfall
<S> <C> <C> <C> <C> <C>
A-1 493,948.32 0.00 0.00 0.00 0.00
A-2 79,824.97 0.00 0.00 0.00 0.00
A-3 34,858.12 0.00 0.00 0.00 0.00
A-4 231,733.12 0.00 0.00 0.00 0.00
A-5 134,893.12 0.00 0.00 0.00 0.00
A-6 196,098.75 0.00 0.00 0.00 0.00
A-7 22,713.75 0.00 0.00 0.00 0.00
A-8 168,347.37 0.00 0.00 0.00 0.00
A-9 68,396.06 0.00 0.00 0.00 0.00
A-10 172,109.11 0.00 0.00 0.00 0.00
A-R 0.00 0.00 0.00 0.00 0.00
AP 0.00 0.00 0.00 0.00 0.00
M 25,721.98 0.00 0.00 0.00 0.00
B-1 12,863.77 0.00 0.00 0.00 0.00
B-2 4,286.07 0.00 0.00 0.00 0.00
B-3 11,148.23 0.00 0.00 0.00 0.00
B-4 5,141.07 0.00 0.00 0.00 0.00
B-5 5,150.39 0.00 0.00 0.00 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INTEREST DISTRIBUTION
Remaining Ending
Cumulative Unpaid Certificate/Notional Realized Interest
Class Interest Shortfall Balance Losses (2) Distribution
<S> <C> <C> <C> <C>
A-1 0.00 86,860,801.40 0.00 493,948.32
A-2 0.00 13,970,019.81 0.00 79,824.97
A-3 0.00 6,197,000.00 0.00 34,858.12
A-4 0.00 41,197,000.00 0.00 231,733.12
A-5 0.00 23,981,000.00 0.00 134,893.12
A-6 0.00 34,862,000.00 0.00 196,098.75
A-7 0.00 4,038,000.00 0.00 22,713.75
A-8 0.00 29,312,035.39 0.00 168,347.37
A-9 0.00 11,951,299.04 0.00 68,396.06
A-10 0.00 30,494,427.90 0.00 172,109.11
A-R 0.00 0.00 0.00 65.99
AP 0.00 4,500,983.85 0.00 0.00
M 0.00 4,557,441.43 0.00 25,721.98
B-1 0.00 2,279,212.56 0.00 12,863.77
B-2 0.00 759,409.62 0.00 4,286.07
B-3 0.00 1,975,251.98 0.00 11,148.23
B-4 0.00 910,898.07 0.00 5,141.07
B-5 0.00 912,549.97 0.00 5,150.39
<FN>
(2) Amount Does Not Include Excess Special Hazard, Bankruptcy, Or Fraud Losses Unless Otherwise Disclosed.
Please Refer To The Prospectus Supplement For A Full Description.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PREPAYMENT INTEREST SHORTFALL
<S> <C>
Total Prepayment Interest Shortfall 99.53
Servicing Fee Support 99.53
Non-Supported Prepayment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 51,391.85
Master Servicing Fee 5,015.27
Supported Prepayment/Curtailment Interest Shortfall 99.53
Net Servicing Fees 56,307.59
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 0.00
Current Period Advances By Servicer 0.00
Reimbursement of Advances 0.00
Ending Cumulative Advances 0.00
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 1 345,544.28
60 Days 0 0.00
90+ Days 0 0.00
Foreclosure 0 0.00
REO 0 0.00
Totals 1 345,544.28
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 304,054.93
Current Period Realized Loss - Includes Interest Shortfall 0.00
Cumulative Realized Losses - Includes Interest Shortfall 1,389.55
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Fixed 15 Year Ratio Strip
Weighted Average Gross Coupon 7.137374%
Weighted Average Pass-Through Rate 6.750000%
Weighted Average Maturity (Stepdown Calculation) 172 Months
Beginning Scheduled Collateral Loan Count 1,052
Number of Loans Paid in Full 3
Ending Scheduled Collateral Loan Count 1,049
Beginning Scheduled Collateral Balance 300,923,072.43
Ending Scheduled Collateral Balance 298,759,331.02
Ending Actual Collateral Balance at 30-Sep-1996 300,437,015.00
Monthly P&I Constant 2,738,066.52
Class AP Deferred Amount 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CREDIT ENHANCEMENT
Loss Description Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
Bankruptcy 100,000.00 0.03237320% 100,000.00 0.03347176%
Fraud 6,178,077.00 2.00004140% 6,178,077.00 2.06791098%
Special Hazard 3,089,038.00 1.00002054% 3,089,038.00 1.03395532%
<FN>
Limit of Subordination's Exposure for 100% of Certain Types of Losses
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
SUBORDINATION LEVEL
Class Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
A 11,583,679.28 3.75000799% 11,394,763.63 3.81402770%
M 6,950,679.28 2.25015750% 6,837,322.20 2.28857193%
B-1 4,633,679.28 1.50007039% 4,558,109.64 1.52567942%
B-2 3,861,679.28 1.25014927% 3,798,700.02 1.27149167%
B-3 1,853,679.28 0.60009535% 1,823,448.04 0.61034011%
B-4 927,679.28 0.30031949% 912,549.97 0.30544652%
B-5 0.00 0.00000000% 0.00 0.00000000%
<FN>
Please refer to the Prospectus Supplement For A Full Description Of Loss Exposure
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
The Prudential Home Mortgage Securities Company, Inc.
Mortgage Pass-Through Certificates
Statements to Certificateholders
Record Date: 30-Sep-1996
Distribution Date: 25-Oct-1996
PHMSC Series 1996-8
Customer Service
Norwest Bank Minnesota, N.A.
Securities Administration Services
5325 Spectrum Drive
Frederick, MD 21703
Telephone:(301) 846-8130
Fax:(301) 846-8152
CERTIFICATE INFORMATION
Certificate Original Ending Ending
Pass-Through Face Certificate Certificate
Class CUSIP Rate Amount Balance Percentage
<S> <C> <C> <C> <C> <C>
A-1 74434UE42 6.75000 100,000,000.00 98,441,902.18 0.98441902
A-2 74434UE59 6.75000 73,250,000.00 71,690,498.33 0.97870987
A-3 74434UE67 6.75000 6,909,000.00 6,909,000.00 1.00000000
A-4 74434UE75 7.70000 6,000,000.00 6,000,000.00 1.00000000
A-5 74434UE83 7.50000 11,590,000.00 11,590,000.00 1.00000000
A-6 74434UE91 0.00000 2,341,000.00 2,341,000.00 1.00000000
A-R 74434UF25 6.75000 100.00 100.00 1.00000000
AP 74434UF33 0.00000 2,741,680.82 2,719,469.06 0.99189849
M 74434UF41 6.75000 4,855,000.00 4,835,089.35 0.99589894
B-1 74434UF58 6.75000 2,697,000.00 2,685,939.44 0.99589894
B-2 74434UF66 6.75000 1,618,000.00 1,611,364.48 0.99589894
B-3 74434UH64 6.75000 1,834,000.00 1,826,478.66 0.99589894
B-4 74434UH72 6.75000 971,000.00 967,017.87 0.99589894
B-5 74434UH80 6.75000 971,880.05 967,894.32 0.99589895
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PRINCIPAL DISTRIBUTION
Scheduled Unscheduled
Principal Principal Deferred Realized Principal
Class Distribution Distribution Accretion Interest Loss (1) Distribution
<S> <C> <C> <C> <C> <C> <C>
A-1 82,343.48 170,865.22 0.00 0.00 0.00 253,208.70
A-2 82,417.67 171,019.17 0.00 0.00 0.00 253,436.84
A-3 0.00 0.00 0.00 0.00 0.00 0.00
A-4 0.00 0.00 0.00 0.00 0.00 0.00
A-5 0.00 0.00 0.00 0.00 0.00 0.00
A-6 0.00 0.00 0.00 0.00 0.00 0.00
A-R 0.00 0.00 0.00 0.00 0.00 0.00
AP 2,516.19 224.52 0.00 0.00 0.00 2,740.71
M 4,037.39 0.00 0.00 0.00 0.00 4,037.39
B-1 2,242.81 0.00 0.00 0.00 0.00 2,242.81
B-2 1,345.52 0.00 0.00 0.00 0.00 1,345.52
B-3 1,525.14 0.00 0.00 0.00 0.00 1,525.14
B-4 807.48 0.00 0.00 0.00 0.00 807.48
B-5 808.21 0.00 0.00 0.00 0.00 808.21
<FN>
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, Or Fraud Losses Unless Otherwise Disclosed.
Please Refer To The Prospectus Supplement For A Full Description.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INTEREST DISTRIBUTION
Payment
Current Of Previously Current Non-Supported
Accrued Deferred Unpaid Interest Interest Interest
Class Interest Interest Shortfall Shortfall Shortfall
<S> <C> <C> <C> <C> <C>
A-1 555,160.00 0.00 0.00 0.00 0.00
A-2 404,684.64 0.00 0.00 0.00 0.00
A-3 38,863.12 0.00 0.00 0.00 0.00
A-4 38,500.00 0.00 0.00 0.00 0.00
A-5 72,437.50 0.00 0.00 0.00 0.00
A-6 0.00 0.00 0.00 0.00 0.00
A-R 0.56 0.00 0.00 0.00 0.00
AP 0.00 0.00 0.00 0.00 0.00
M 27,220.09 0.00 0.00 0.00 0.00
B-1 15,121.03 0.00 0.00 0.00 0.00
B-2 9,071.49 0.00 0.00 0.00 0.00
B-3 10,282.52 0.00 0.00 0.00 0.00
B-4 5,444.02 0.00 0.00 0.00 0.00
B-5 5,448.95 0.00 0.00 0.00 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INTEREST DISTRIBUTION
Remaining Ending
Cumulative Unpaid Certificate/Notional Realized Interest
Class Interest Shortfall Balance Losses (2) Distribution
<S> <C> <C> <C> <C>
A-1 0.00 98,441,902.18 0.00 555,160.00
A-2 0.00 71,690,498.33 0.00 404,684.64
A-3 0.00 6,909,000.00 0.00 38,863.12
A-4 0.00 6,000,000.00 0.00 38,500.00
A-5 0.00 11,590,000.00 0.00 72,437.50
A-6 0.00 2,341,000.00 0.00 0.00
A-R 0.00 100.00 0.00 1.02
AP 0.00 2,719,469.06 0.00 0.00
M 0.00 4,835,089.35 0.00 27,220.09
B-1 0.00 2,685,939.44 0.00 15,121.03
B-2 0.00 1,611,364.48 0.00 9,071.49
B-3 0.00 1,826,478.66 0.00 10,282.52
B-4 0.00 967,017.87 0.00 5,444.02
B-5 0.00 967,894.32 0.00 5,448.95
<FN>
(2) Amount Does Not Include Excess Special Hazard, Bankruptcy, Or Fraud Losses Unless Otherwise Disclosed.
Please Refer To The Prospectus Supplement For A Full Description.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PREPAYMENT INTEREST SHORTFALL
<S> <C>
Total Prepayment Interest Shortfall 0.00
Servicing Fee Support 0.00
Non-Supported Prepayment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 35,554.74
Master Servicing Fee 3,551.75
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fees 39,106.49
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 0.00
Current Period Advances By Servicer 0.00
Reimbursement of Advances 0.00
Ending Cumulative Advances 0.00
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 0 0.00
60 Days 0 0.00
90+ Days 0 0.00
Foreclosure 0 0.00
REO 0 0.00
Totals 0 0.00
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 54,937.17
Current Period Realized Loss - Includes Interest Shortfall 0.00
Cumulative Realized Losses - Includes Interest Shortfall 49.63
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Fixed 30 Year Ratio Strip
Weighted Average Gross Coupon 7.158276%
Weighted Average Pass-Through Rate 6.750000%
Weighted Average Maturity (Stepdown Calculation) 353 Months
Beginning Scheduled Collateral Loan Count 714
Number of Loans Paid in Full 2
Ending Scheduled Collateral Loan Count 712
Beginning Scheduled Collateral Balance 213,105,906.48
Ending Scheduled Collateral Balance 212,585,753.69
Ending Actual Collateral Balance at 30-Sep-1996 213,060,160.15
Monthly P&I Constant 1,400,842.36
Class AP Deferred Amount 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CREDIT ENHANCEMENT
Loss Description Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
Bankruptcy 209,264.92 0.09698129% 209,264.92 0.09843789%
Fraud 4,315,573.22 2.00000000% 4,315,573.22 2.03003877%
Special Hazard 3,965,591.19 1.83780508% 3,965,591.19 1.86540778%
<FN>
Limit of Subordination's Exposure for 100% of Certain Types of Losses
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
SUBORDINATION LEVEL
Class Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
A 12,946,880.05 6.00007433% 12,893,784.12 6.06521552%
M 8,091,880.05 3.75008354% 8,058,694.77 3.79079719%
B-1 5,394,880.05 2.50019164% 5,372,755.33 2.52733555%
B-2 3,776,880.05 1.75034919% 3,761,390.85 1.76935227%
B-3 1,942,880.05 0.90040417% 1,934,912.19 0.91017961%
B-4 971,880.05 0.45040601% 967,894.32 0.45529595%
B-5 0.00 0.00000000% 0.00 0.00000000%
<FN>
Please refer to the Prospectus Supplement For A Full Description Of Loss Exposure
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
OTHER ACCOUNTS
Account Beginning Current Period Current Period Ending
Type Balance Withdrawals Deposits Balance
<S> <C> <C> <C> <C>
Financial Security Premium 0.00 0.00 1,172.67 0.00
A-4 Rounding Account 999.99 0.00 0.00 999.99
A-4 and A-5 Reserve Fund 2,000.00 0.00 0.00 2,000.00
A-5 Rounding Account 999.99 0.00 0.00 999.99
</TABLE>
<PAGE>
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