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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 : July 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 21701
Address of principal executive offices (Zip Code)
(301) 846-8199
Registrant's Full Telephone Number
(Former name, former address and former fiscal year,
if changed since last report)
<PAGE>
ITEM 5. Other Events
On July 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
July 25,1996 distribution
(EX-99.2) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-2, relating to the
July 25,1996 distribution
(EX-99.3) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-3, relating to the
July 25,1996 distribution
(EX-99.4) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-4, relating to the
July 25,1996 distribution
(EX-99.5) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-5, relating to the
July 25,1996 distribution
(EX-99.6) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-6, relating to the
July 25,1996 distribution
(EX-99.7) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-7, relating to the
July 25,1996 distribution
(EX-99.8) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-8, relating to the
July 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.
July 29, 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
July 25,1996 distribution
(EX-99.2) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-2, relating to the
July 25,1996 distribution
(EX-99.3) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-3, relating to the
July 25,1996 distribution
(EX-99.4) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-4, relating to the
July 25,1996 distribution
(EX-99.5) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-5, relating to the
July 25,1996 distribution
(EX-99.6) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-6, relating to the
July 25,1996 distribution
(EX-99.7) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-7, relating to the
July 25,1996 distribution
(EX-99.8) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-8, relating to the
July 25,1996 distribution
<TABLE>
<CAPTION>
The Prudential Home Mortgage Securities Company, Inc.
Mortgage Pass-Through Certificates
Statements to Certificateholders
Record Date: 28-Jun-1996
Distribution Date: 25-Jul-1996
PHMSC Series 1996-1
Customer Service
Norwest Bank Minnesota, N.A.
Securities Administration Services
5325 Spectrum Drive
Frederick, MD 21701
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 47,419,244.65 0.92574126
A-2 74434UVD3 6.61000 52,537,000.00 48,635,668.67 0.92574126
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 9,952,879.31 0.99528793
A-R 74434UVJ0 7.00000 1,000.00 0.00 0.00000000
AP 74434UVK7 0.00000 522,201.33 474,807.01 0.90924129
M 74434UVL5 7.00000 4,534,000.00 4,512,635.48 0.99528793
B-1 74434UVM3 7.00000 3,175,000.00 3,160,039.18 0.99528793
B-2 74434UVN1 7.00000 1,360,000.00 1,353,591.59 0.99528793
B-3 74434UVQ4 7.00000 1,451,000.00 1,444,162.79 0.99528793
B-4 74434UVR2 7.00000 816,000.00 812,154.95 0.99528793
B-5 74434UVS0 7.00000 907,741.82 903,464.48 0.99528793
</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 60,325.66 351,946.26 0.00 0.00 0.00 412,271.92
A-2 61,873.17 360,974.58 0.00 0.00 0.00 422,847.74
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 8,021.26 0.00 0.00 0.00 0.00 8,021.26
A-R 0.00 0.00 0.00 0.00 0.00 0.00
AP 462.72 47.09 0.00 0.00 0.00 509.81
M 3,636.84 0.00 0.00 0.00 0.00 3,636.84
B-1 2,546.75 0.00 0.00 0.00 0.00 2,546.75
B-2 1,090.89 0.00 0.00 0.00 0.00 1,090.89
B-3 1,163.88 0.00 0.00 0.00 0.00 1,163.88
B-4 654.53 0.00 0.00 0.00 0.00 654.53
B-5 723.42 0.00 0.00 0.00 4.71 723.42
<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-1 294,961.02 0.00 0.00 0.00 0.00
A-2 270,230.66 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 58,105.25 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 26,344.92 0.00 0.00 0.00 0.00
B-1 18,448.42 0.00 0.00 0.00 0.00
B-2 7,902.31 0.00 0.00 0.00 0.00
B-3 8,431.07 0.00 0.00 0.00 0.00
B-4 4,741.39 0.00 0.00 0.00 0.00
B-5 5,274.46 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 47,419,244.65 0.00 294,961.02
A-2 0.00 48,635,668.67 0.00 270,230.66
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 9,952,879.31 0.00 58,105.25
A-R 0.00 0.00 0.00 0.00
AP 0.00 474,807.01 0.00 0.00
M 0.00 4,512,635.48 0.00 26,344.92
B-1 0.00 3,160,039.18 0.00 18,448.42
B-2 0.00 1,353,591.59 0.00 7,902.31
B-3 0.00 1,444,162.79 0.00 8,431.07
B-4 0.00 812,154.95 0.00 4,741.39
B-5 0.00 903,464.48 0.00 5,274.46
<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/SERVICING FEES
<S> <C>
Total Prepayment Interest Shortfall 337.48
Servicing Fee Support 337.48
Non-Supported Prepayment Interest Shortfall 0.00
Gross Servicing Fee 29,205.19
Master Servicing Fee 2,906.32
Supported Prepayment Interest Shortfall 337.48
Net Servicing Fee 31,774.03
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 73,474.69
Current Period Advances By Servicer 0.00
Reimbursement of Advances 73,474.69
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 53,656.19
Current Period Realized Loss - Includes Interest Shortfall 4.71
Cumulative Realized Losses - Includes Interest Shortfall 152.10
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Mixed Fixed Ratio Strip
Weighted Average Gross Coupon 7.640992%
Weighted Average Pass-Through Rate 7.000000%
Weighted Average Maturity (Stepdown Calculation) 347 Months
Beginning Scheduled Collateral Loan Count 623
Number of Loans Paid in Full 2
Ending Scheduled Collateral Loan Count 621
Beginning Scheduled Collateral Balance 174,380,119.88
Ending Scheduled Collateral Balance 173,526,648.12
Ending Actual Collateral Balance at 28-Jun-1996 174,118,115.49
Monthly P&I Constant 1,187,530.87
</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 0.05762804%
Fraud 3,627,698.91 2.00000003% 3,627,698.91 2.09057165%
Special Hazard 2,031,879.96 1.12020321% 2,031,879.96 1.17093252%
<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% 12,186,048.47 7.02258045%
M 7,709,741.82 4.25048611% 7,673,412.99 4.42203723%
B-1 4,534,741.82 2.50006519% 4,513,373.81 2.60096870%
B-2 3,174,741.82 1.75027859% 3,159,782.22 1.82092045%
B-3 1,723,741.82 0.95032244% 1,715,619.43 0.98867779%
B-4 907,741.82 0.50045048% 903,464.48 0.52064884%
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: 28-Jun-1996
Distribution Date: 25-Jul-1996
PHMSC Series 1996-2
Customer Service
Norwest Bank Minnesota, N.A.
Securities Administration Services
5325 Spectrum Drive
Frederick, MD 21701
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 9,287,007.14 0.96060629
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 39,719,347.69 0.99652384
A-6 74434UWZ3 7.00000 4,996,513.00 4,806,086.62 0.96188814
A-7 74434UXR0 7.45000 57,959,566.00 55,750,619.11 0.96188814
A-8 74434UXA7 7.25000 44,500,000.00 42,127,166.05 0.94667789
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 57,415,099.31 0.96188814
A-15 74434UXH2 7.40000 60,962,267.00 58,780,791.71 0.96421597
A-16 74434UXJ8 6.85000 9,993,028.00 9,460,178.65 0.94667789
A-17 74434UXK5 8.00000 1,000,000.00 1,000,000.00 1.00000000
A-18 74434UXL3 6.65000 4,996,514.00 4,730,089.32 0.94667789
A-19 74434UXM1 7.45000 9,993,028.00 9,460,178.65 0.94667789
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 377,400.60 374,622.91 0.99263994
B-1 74434UYH1 7.25000 10,639,000.00 10,602,017.17 0.99652384
B-2 74434UYJ7 7.25000 4,255,000.00 4,240,208.95 0.99652384
B-3 74434UYK4 7.25000 3,192,000.00 3,180,904.11 0.99652384
B-4 74434UYL2 7.25000 4,468,000.00 4,452,468.53 0.99652384
B-5 74434UYM0 7.25000 1,915,000.00 1,908,343.16 0.99652384
B-6 74434UYN8 7.25000 2,128,275.14 2,120,876.92 0.99652384
</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 8,669.24 40,261.97 0.00 0.00 0.00 48,931.22
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 28,350.40 0.00 0.00 0.00 0.00 28,350.40
A-6 4,334.62 20,130.98 0.00 0.00 0.00 24,465.60
A-7 50,281.62 233,519.48 0.00 0.00 0.00 283,801.10
A-8 54,012.14 250,844.85 0.00 0.00 0.00 304,856.98
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 51,782.82 240,491.38 0.00 0.00 0.00 292,274.20
A-15 49,656.29 230,615.31 0.00 0.00 0.00 280,271.60
A-16 12,129.10 56,330.33 0.00 0.00 0.00 68,459.42
A-17 0.00 0.00 0.00 0.00 0.00 0.00
A-18 6,064.55 28,165.16 0.00 0.00 0.00 34,229.71
A-19 12,129.10 56,330.33 0.00 0.00 0.00 68,459.42
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 313.37 787.48 0.00 0.00 0.00 1,100.85
B-1 7,567.38 0.00 0.00 0.00 0.00 7,567.38
B-2 3,026.53 0.00 0.00 0.00 0.00 3,026.53
B-3 2,270.43 0.00 0.00 0.00 0.00 2,270.43
B-4 3,178.03 0.00 0.00 0.00 0.00 3,178.03
B-5 1,362.11 0.00 0.00 0.00 0.00 1,362.11
B-6 1,513.81 0.00 0.00 0.00 0.00 1,513.81
<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 56,404.63 0.00 0.00 0.00 9.89
A-2 59,270.94 0.00 0.00 0.00 10.40
A-3 125,364.58 0.00 0.00 0.00 21.99
A-4 131,708.33 0.00 0.00 0.00 23.10
A-5 240,142.34 0.00 0.00 0.00 42.12
A-6 28,178.22 0.00 0.00 0.00 4.94
A-7 347,880.36 0.00 0.00 0.00 61.02
A-8 256,360.14 0.00 0.00 0.00 44.97
A-9 31,718.75 0.00 0.00 0.00 5.56
A-10 30,208.33 0.00 0.00 0.00 5.30
A-11 31,062.50 0.00 0.00 0.00 5.45
A-12 11,833.33 0.00 0.00 0.00 2.08
A-13 17,500.00 0.00 0.00 0.00 3.07
A-14 339,030.82 0.00 0.00 0.00 59.47
A-15 364,209.89 0.00 0.00 0.00 63.89
A-16 54,392.64 0.00 0.00 0.00 9.54
A-17 6,666.67 0.00 0.00 0.00 1.17
A-18 26,402.27 0.00 0.00 0.00 4.63
A-19 59,156.96 0.00 0.00 0.00 10.38
A-20 132,305.88 0.00 0.00 0.00 23.21
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 64,099.57 0.00 0.00 0.00 11.23
B-2 25,636.21 0.00 0.00 0.00 4.49
B-3 19,231.68 0.00 0.00 0.00 3.37
B-4 26,919.53 0.00 0.00 0.00 4.72
B-5 11,537.80 0.00 0.00 0.00 2.02
B-6 12,822.78 0.00 0.00 0.00 2.25
</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 9,287,007.14 0.00 56,394.73
A-2 0.00 9,810,363.00 0.00 59,260.55
A-3 0.00 20,750,000.00 0.00 125,342.59
A-4 0.00 21,800,000.00 0.00 131,685.23
A-5 0.00 39,719,347.69 0.00 240,100.22
A-6 0.00 4,806,086.62 0.00 28,173.28
A-7 0.00 55,750,619.11 0.00 347,819.34
A-8 0.00 42,127,166.05 0.00 256,315.17
A-9 0.00 5,250,000.00 0.00 31,713.19
A-10 0.00 5,000,000.00 0.00 30,203.03
A-11 0.00 5,325,000.00 0.00 31,057.05
A-12 0.00 1,775,000.00 0.00 11,831.26
A-13 0.00 3,000,000.00 0.00 17,496.93
A-14 0.00 57,415,099.31 0.00 338,971.35
A-15 0.00 58,780,791.71 0.00 364,146.00
A-16 0.00 9,460,178.65 0.00 54,383.10
A-17 0.00 1,000,000.00 0.00 6,665.50
A-18 0.00 4,730,089.32 0.00 26,397.64
A-19 0.00 9,460,178.65 0.00 59,146.58
A-20 0.00 22,251,865.00 0.00 132,282.67
A-R 0.00 0.00 0.00 23.91
AP 0.00 374,622.91 0.00 0.00
B-1 0.00 10,602,017.17 0.00 64,088.34
B-2 0.00 4,240,208.95 0.00 25,631.72
B-3 0.00 3,180,904.11 0.00 19,228.31
B-4 0.00 4,452,468.53 0.00 26,914.81
B-5 0.00 1,908,343.16 0.00 11,535.78
B-6 0.00 2,120,876.92 0.00 12,820.53
<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/SERVICING FEES
<S> <C>
Total Prepayment Interest Shortfall 1,981.97
Servicing Fee Support 1,541.71
Non-Supported Prepayment Interest Shortfall 440.26
Gross Servicing Fee 73,282.95
Master Servicing Fee 6,930.51
Supported Prepayment Interest Shortfall 1,541.71
Net Servicing Fee 78,671.75
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 333,315.13
Current Period Advances By Servicer 48,097.69
Reimbursement of Advances 333,315.13
Ending Cumulative Advances 48,097.69
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 5 1,078,881.86
60 Days 1 117,986.63
90+ Days 1 398,593.72
Foreclosure 1 185,700.78
REO 0 0.00
Totals 8 1,781,162.99
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 696,530.31
Current Period Realized Loss - Includes Interest Shortfall 0.00
Cumulative Realized Losses - Includes Interest Shortfall 1,293.40
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Mixed Fixed Ratio Strip
Weighted Average Gross Coupon 8.107058%
Weighted Average Pass-Through Rate 7.250000%
Weighted Average Maturity (Stepdown Calculation) 352 Months
Beginning Scheduled Collateral Loan Count 1,680
Number of Loans Paid in Full 4
Ending Scheduled Collateral Loan Count 1,676
Beginning Scheduled Collateral Balance 415,832,352.82
Ending Scheduled Collateral Balance 414,378,234.00
Ending Actual Collateral Balance at 28-Jun-1996 414,933,717.14
Monthly P&I Constant 2,887,667.92
</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 0.03693145%
Fraud 8,511,073.51 2.00000000% 8,511,073.51 2.05393836%
Special Hazard 4,256,324.91 1.00018521% 4,256,324.91 1.02715938%
<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% 26,504,818.84 6.39628645%
B-1 15,958,275.14 3.75000289% 15,902,801.67 3.83775024%
B-2 11,703,275.14 2.75012902% 11,662,592.72 2.81448005%
B-3 8,511,275.14 2.00004738% 8,481,688.61 2.04684704%
B-4 4,043,275.14 0.95012107% 4,029,220.08 0.97235321%
B-5 2,128,275.14 0.50011908% 2,120,876.92 0.51182151%
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: 28-Jun-1996
Distribution Date: 25-Jul-1996
PHMSC Series 1996-3
Customer Service
Norwest Bank Minnesota, N.A.
Securities Administration Services
5325 Spectrum Drive
Frederick, MD 21701
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 4,864,748.36 0.96312579
A-2 74434UXV1 6.75000 27,033,000.00 25,494,320.33 0.94308143
A-3 74434UXW9 6.75000 58,855,000.00 56,824,145.46 0.96549393
A-4 74434UXX7 6.75000 10,915,000.00 10,915,000.00 1.00000000
A-5 74434UXY5 6.75000 18,000,000.00 17,713,124.52 0.98406247
A-R 74434UYD0 6.75000 100.00 0.00 0.00000000
AP 74434UXZ2 0.00000 647,572.74 633,275.81 0.97792228
M 74434UYA6 6.75000 1,249,000.00 1,229,094.03 0.98406247
B-1 74434UYB4 6.75000 1,249,000.00 1,229,094.03 0.98406247
B-2 74434UYC2 6.75000 624,000.00 614,054.98 0.98406247
B-3 74434UYE8 6.75000 562,000.00 553,043.11 0.98406247
B-4 74434UYF5 6.75000 312,000.00 307,027.49 0.98406247
B-5 74434UYG3 6.75000 375,241.61 369,261.19 0.98406248
</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 16,097.43 26,186.09 0.00 0.00 0.00 42,283.52
A-2 132,985.64 216,330.99 0.00 0.00 0.00 349,316.63
A-3 175,523.53 285,528.42 0.00 0.00 0.00 461,051.95
A-4 0.00 0.00 0.00 0.00 0.00 0.00
A-5 58,298.85 0.00 0.00 0.00 0.00 58,298.85
A-R 0.00 0.00 0.00 0.00 0.00 0.00
AP 2,274.25 180.02 0.00 0.00 0.00 2,454.27
M 4,045.29 0.00 0.00 0.00 0.00 4,045.29
B-1 4,045.29 0.00 0.00 0.00 0.00 4,045.29
B-2 2,021.03 0.00 0.00 0.00 0.00 2,021.03
B-3 1,820.22 0.00 0.00 0.00 0.00 1,820.22
B-4 1,010.51 0.00 0.00 0.00 0.00 1,010.51
B-5 1,213.31 0.00 0.00 0.00 2.03 1,213.31
<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 27,602.05 0.00 0.00 0.00 0.00
A-2 145,370.46 0.00 0.00 0.00 0.00
A-3 322,229.24 0.00 0.00 0.00 0.00
A-4 61,396.88 0.00 0.00 0.00 0.00
A-5 99,964.26 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 6,936.41 0.00 0.00 0.00 0.00
B-1 6,936.41 0.00 0.00 0.00 0.00
B-2 3,465.43 0.00 0.00 0.00 0.00
B-3 3,121.11 0.00 0.00 0.00 0.00
B-4 1,732.71 0.00 0.00 0.00 0.00
B-5 2,083.93 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 4,864,748.36 0.00 27,602.05
A-2 0.00 25,494,320.33 0.00 145,370.46
A-3 0.00 56,824,145.46 0.00 322,229.24
A-4 0.00 10,915,000.00 0.00 61,396.88
A-5 0.00 17,713,124.52 0.00 99,964.26
A-R 0.00 0.00 0.00 0.00
AP 0.00 633,275.81 0.00 0.00
M 0.00 1,229,094.03 0.00 6,936.41
B-1 0.00 1,229,094.03 0.00 6,936.41
B-2 0.00 614,054.98 0.00 3,465.43
B-3 0.00 553,043.11 0.00 3,121.11
B-4 0.00 307,027.49 0.00 1,732.71
B-5 0.00 369,261.19 0.00 2,083.93
<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/SERVICING FEES
<S> <C>
Total Prepayment Interest Shortfall 1,101.12
Servicing Fee Support 1,101.12
Non-Supported Prepayment Interest Shortfall 0.00
Gross Servicing Fee 20,662.20
Master Servicing Fee 2,027.78
Supported Prepayment Interest Shortfall 1,101.12
Net Servicing Fee 21,588.86
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 81,703.54
Current Period Advances By Servicer 3,685.56
Reimbursement of Advances 81,703.54
Ending Cumulative Advances 3,685.56
</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 1 367,500.00
REO 0 0.00
Totals 1 367,500.00
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 98,706.29
Current Period Realized Loss - Includes Interest Shortfall 2.03
Cumulative Realized Losses - Includes Interest Shortfall 2,127.22
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Fixed 15 Year Ratio Strip
Weighted Average Gross Coupon 7.426937%
Weighted Average Pass-Through Rate 6.750000%
Weighted Average Maturity (Stepdown Calculation) 173 Months
Beginning Scheduled Collateral Loan Count 460
Number of Loans Paid in Full 1
Ending Scheduled Collateral Loan Count 459
Beginning Scheduled Collateral Balance 121,673,752.22
Ending Scheduled Collateral Balance 120,746,189.32
Ending Actual Collateral Balance at 28-Jun-1996 121,129,748.82
Monthly P&I Constant 1,104,343.06
</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 0.08281835%
Fraud 2,497,707.01 2.00019918% 2,497,707.01 2.06855970%
Special Hazard 1,987,480.00 1.59160216% 1,987,480.00 1.64599811%
<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% 4,301,574.83 3.56249324%
M 3,122,241.61 2.50033534% 3,072,480.80 2.54457786%
B-1 1,873,241.61 1.50011844% 1,843,386.77 1.52666248%
B-2 1,249,241.61 1.00041039% 1,229,331.79 1.01811229%
B-3 687,241.61 0.55035282% 676,288.68 0.56009112%
B-4 375,241.61 0.30049880% 369,261.19 0.30581602%
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: 28-Jun-1996
Distribution Date: 25-Jul-1996
PHMSC Series 1996-4
Customer Service
Norwest Bank Minnesota, N.A.
Securities Administration Services
5325 Spectrum Drive
Frederick, MD 21701
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 134,516,000.00 132,759,643.15 0.98694314
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 9,868,756.34 0.99684407
A-R 74434UYV0 6.50000 1,000.00 0.00 0.00000000
AP 74434UYW8 0.00000 27,206.22 27,077.91 0.99528380
M 74434UYX6 6.50000 4,409,000.00 4,395,085.53 0.99684408
B-1 74434UYY4 6.50000 1,764,000.00 1,758,432.95 0.99684408
B-2 74434UYZ1 6.50000 1,322,000.00 1,317,827.87 0.99684408
B-3 74434UZW7 6.50000 1,500,000.00 1,495,266.11 0.99684407
B-4 74434UZX5 6.50000 793,000.00 790,497.35 0.99684407
B-5 74434UZY3 6.50000 794,392.15 791,885.11 0.99684408
</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-1 123,526.83 311,236.98 0.00 0.00 0.00 434,763.81
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 7,894.89 0.00 0.00 0.00 0.00 7,894.89
A-R 0.00 0.00 0.00 0.00 0.00 0.00
AP 24.69 1.35 0.00 0.00 0.00 26.04
M 3,516.01 0.00 0.00 0.00 0.00 3,516.01
B-1 1,406.72 0.00 0.00 0.00 0.00 1,406.72
B-2 1,054.25 0.00 0.00 0.00 0.00 1,054.25
B-3 1,196.19 0.00 0.00 0.00 0.00 1,196.19
B-4 632.39 0.00 0.00 0.00 0.00 632.39
B-5 419.20 0.00 0.00 0.00 214.30 419.20
<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-1 721,469.70 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 53,498.53 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 23,825.76 0.00 0.00 0.00 0.00
B-1 9,532.46 0.00 0.00 0.00 0.00
B-2 7,143.94 0.00 0.00 0.00 0.00
B-3 8,105.84 0.00 0.00 0.00 0.00
B-4 4,285.29 0.00 0.00 0.00 0.00
B-5 4,292.81 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 0.00 132,759,643.15 0.00 721,469.70
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 9,868,756.34 0.00 53,498.53
A-R 0.00 0.00 0.00 0.00
AP 0.00 27,077.91 0.00 0.00
M 0.00 4,395,085.53 0.00 23,825.76
B-1 0.00 1,758,432.95 0.00 9,532.46
B-2 0.00 1,317,827.87 0.00 7,143.94
B-3 0.00 1,495,266.11 0.00 8,105.84
B-4 0.00 790,497.35 0.00 4,285.29
B-5 0.00 791,885.11 0.00 4,292.81
<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/SERVICING FEES
<S> <C>
Total Prepayment Interest Shortfall 244.83
Servicing Fee Support 244.83
Non-Supported Prepayment Interest Shortfall 0.00
Gross Servicing Fee 29,383.08
Master Servicing Fee 2,916.59
Supported Prepayment Interest Shortfall 244.83
Net Servicing Fee 32,054.84
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 77,961.30
Current Period Advances By Servicer 10,116.13
Reimbursement of Advances 77,961.30
Ending Cumulative Advances 10,116.13
</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 59,093.12
Current Period Realized Loss - Includes Interest Shortfall 214.30
Cumulative Realized Losses - Includes Interest Shortfall 962.37
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Fixed 30 Year Ratio Strip
Weighted Average Gross Coupon 7.369754%
Weighted Average Pass-Through Rate 6.500000%
Weighted Average Maturity (Stepdown Calculation) 353 Months
Beginning Scheduled Collateral Loan Count 597
Number of Loans Paid in Full 1
Ending Scheduled Collateral Loan Count 596
Beginning Scheduled Collateral Balance 174,995,596.11
Ending Scheduled Collateral Balance 174,544,472.31
Ending Actual Collateral Balance at 28-Jun-1996 174,662,391.91
Monthly P&I Constant 1,119,942.39
</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 0.05729199%
Fraud 3,527,342.14 2.00000577% 3,527,342.14 2.02088447%
Special Hazard 1,763,671.07 1.00000288% 1,763,671.07 1.01044224%
<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% 10,548,994.92 6.04372902%
M 6,173,392.15 3.50031820% 6,153,909.39 3.52569710%
B-1 4,409,392.15 2.50012882% 4,395,476.44 2.51825588%
B-2 3,087,392.15 1.75055378% 3,077,648.57 1.76324608%
B-3 1,587,392.15 0.90005260% 1,582,382.46 0.90657839%
B-4 794,392.15 0.45042097% 791,885.11 0.45368673%
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: 28-Jun-1996
Distribution Date: 25-Jul-1996
PHMSC Series 1996-5
Customer Service
Norwest Bank Minnesota, N.A.
Securities Administration Services
5325 Spectrum Drive
Frederick, MD 21701
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 83,036,842.76 0.97705473
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 12,938,375.00 0.99717342
A-6 74434UZJ6 7.25000 12,975,050.00 12,938,375.00 0.99717342
A-7 74434UZK3 8.00000 22,144,779.00 21,636,661.08 0.97705473
A-8 74434UZL1 7.00000 19,972,347.00 19,514,076.09 0.97705473
A-9 74434UZM9 7.25000 13,103,000.00 13,103,000.00 1.00000000
A-10 74434UZN7 7.05000 47,781,684.00 46,420,796.27 0.97151863
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 909,987.42 906,186.57 0.99582318
M 74434UZT4 7.25000 6,250,000.00 6,232,333.88 0.99717342
B-1 74434UZU1 7.25000 3,472,000.00 3,462,186.12 0.99717342
B-2 74434UZV9 7.25000 2,083,000.00 2,077,112.24 0.99717342
B-3 74434UZZ0 7.25000 2,778,000.00 2,770,147.76 0.99717342
B-4 74434UA20 7.25000 1,389,000.00 1,385,073.88 0.99717342
B-5 74434UA38 7.25000 1,388,926.01 1,385,000.10 0.99717342
</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 75,381.45 281,975.77 0.00 0.00 0.00 357,357.22
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 9,305.67 0.00 0.00 0.00 0.00 9,305.67
A-6 9,305.67 0.00 0.00 0.00 0.00 9,305.67
A-7 19,641.92 73,473.57 0.00 0.00 0.00 93,115.49
A-8 17,715.02 66,265.72 0.00 0.00 0.00 83,980.74
A-9 0.00 0.00 0.00 0.00 0.00 0.00
A-10 52,606.77 196,783.62 0.00 0.00 0.00 249,390.40
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 781.45 147.62 0.00 0.00 0.00 929.07
M 4,482.48 0.00 0.00 0.00 0.00 4,482.48
B-1 2,490.11 0.00 0.00 0.00 0.00 2,490.11
B-2 1,493.92 0.00 0.00 0.00 0.00 1,493.92
B-3 1,992.37 0.00 0.00 0.00 0.00 1,992.37
B-4 996.19 0.00 0.00 0.00 0.00 996.19
B-5 996.13 0.00 0.00 0.00 0.00 996.13
<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-1 503,839.96 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 78,225.57 0.00 0.00 0.00 0.00
A-6 78,225.57 0.00 0.00 0.00 0.00
A-7 144,865.18 0.00 0.00 0.00 0.00
A-8 114,322.00 0.00 0.00 0.00 0.00
A-9 79,163.96 0.00 0.00 0.00 0.00
A-10 274,187.35 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 37,680.77 0.00 0.00 0.00 0.00
B-1 20,932.42 0.00 0.00 0.00 0.00
B-2 12,558.25 0.00 0.00 0.00 0.00
B-3 16,748.35 0.00 0.00 0.00 0.00
B-4 8,374.17 0.00 0.00 0.00 0.00
B-5 8,373.73 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 83,036,842.76 0.00 503,839.96
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 12,938,375.00 0.00 78,225.57
A-6 0.00 12,938,375.00 0.00 78,225.57
A-7 0.00 21,636,661.08 0.00 144,865.18
A-8 0.00 19,514,076.09 0.00 114,322.00
A-9 0.00 13,103,000.00 0.00 79,163.96
A-10 0.00 46,420,796.27 0.00 274,187.35
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 0.00 411.93
AP 0.00 906,186.57 0.00 0.00
M 0.00 6,232,333.88 0.00 37,680.77
B-1 0.00 3,462,186.12 0.00 20,932.42
B-2 0.00 2,077,112.24 0.00 12,558.25
B-3 0.00 2,770,147.76 0.00 16,748.35
B-4 0.00 1,385,073.88 0.00 8,374.17
B-5 0.00 1,385,000.10 0.00 8,373.73
<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/SERVICING FEES
<S> <C>
Total Prepayment Interest Shortfall 36.42
Servicing Fee Support 36.42
Non-Supported Prepayment Interest Shortfall 0.00
Gross Servicing Fee 48,466.18
Master Servicing Fee 4,569.52
Supported Prepayment Interest Shortfall 36.42
Net Servicing Fee 52,999.28
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 182,120.57
Current Period Advances By Servicer 11,277.27
Reimbursement of Advances 182,120.57
Ending Cumulative Advances 11,277.27
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 1 287,499.26
60 Days 0 0.00
90+ Days 0 0.00
Foreclosure 0 0.00
REO 0 0.00
Totals 1 287,499.26
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 473,851.85
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 7.985060%
Weighted Average Pass-Through Rate 7.250000%
Weighted Average Maturity (Stepdown Calculation) 353 Months
Beginning Scheduled Collateral Loan Count 1,064
Number of Loans Paid in Full 2
Ending Scheduled Collateral Loan Count 1,062
Beginning Scheduled Collateral Balance 274,184,102.20
Ending Scheduled Collateral Balance 273,368,266.75
Ending Actual Collateral Balance at 28-Jun-1996 274,127,321.68
Monthly P&I Constant 1,901,866.36
</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 0.03806110%
Fraud 5,556,876.51 2.00051778% 5,556,876.51 2.03274381%
Special Hazard 2,778,438.25 1.00025889% 2,778,438.25 1.01637190%
<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% 17,311,853.98 6.33279575%
M 11,110,926.01 4.00001781% 11,079,520.10 4.05296497%
B-1 7,638,926.01 2.75007142% 7,617,333.98 2.78647338%
B-2 5,555,926.01 2.00017559% 5,540,221.74 2.02665138%
B-3 2,777,926.01 1.00007448% 2,770,073.98 1.01331219%
B-4 1,388,926.01 0.50002392% 1,385,000.10 0.50664260%
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: 28-Jun-1996
Distribution Date: 25-Jul-1996
PHMSC Series 1996-6
Customer Service
Norwest Bank Minnesota, N.A.
Securities Administration Services
5325 Spectrum Drive
Frederick, MD 21701
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 44,159,867.63 0.98139582
A-2 74434UC51 6.87500 16,760,000.00 16,760,000.00 1.00000000
A-3 74434UC69 7.25000 37,500,000.00 36,709,908.67 0.97893090
A-4 74434UD35 2.77986 70,090,413.28 70,218,309.92 1.00182474
A-5 74434UC77 7.25000 14,793,800.00 13,820,344.19 0.93419839
A-6 74434UC85 7.25000 15,000,000.00 14,966,096.84 0.99773979
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 4,768,198.45 0.99773979
B-2 74434UD50 7.25000 3,186,000.00 3,178,798.97 0.99773979
B-3 74434UD68 7.25000 1,062,000.00 1,059,599.66 0.99773979
B-4 74434UD76 7.25000 2,125,000.00 2,120,197.05 0.99773979
B-5 74434UD84 7.25000 1,062,000.00 1,059,599.66 0.99773979
B-6 74434UD92 7.25000 1,062,196.34 1,059,795.55 0.99773979
</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 27,425.07 286,824.97 0.00 0.00 0.00 314,250.04
A-2 0.00 0.00 0.00 0.00 0.00 0.00
A-3 35,429.64 370,540.72 0.00 0.00 0.00 405,970.36
A-4 24,404.10 241,260.17 (216,778.99) 0.00 0.00 48,885.28
A-5 70,936.45 741,888.52 0.00 0.00 0.00 812,824.97
A-6 11,366.38 0.00 0.00 0.00 0.00 11,366.38
A-R 0.48 5.01 0.00 0.00 0.00 5.49
A-LR 0.48 5.01 0.00 0.00 0.00 5.49
B-1 3,621.33 0.00 0.00 0.00 0.00 3,621.33
B-2 2,414.22 0.00 0.00 0.00 0.00 2,414.22
B-3 804.74 0.00 0.00 0.00 0.00 804.74
B-4 1,610.24 0.00 0.00 0.00 0.00 1,610.24
B-5 804.74 0.00 0.00 0.00 0.00 804.74
B-6 0.00 0.00 0.00 0.00 804.89 0.00
<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-1 222,370.59 0.00 0.00 0.00 0.00
A-2 96,020.83 0.00 0.00 0.00 0.00
A-3 224,241.77 0.00 0.00 0.00 0.00
A-4 521,221.03 0.00 0.00 0.00 0.00
A-5 88,408.73 0.00 0.00 0.00 0.00
A-6 90,488.84 0.00 0.00 0.00 0.00
A-R 0.60 0.00 0.00 0.00 0.00
A-LR 0.60 0.00 0.00 0.00 0.00
B-1 28,829.74 0.00 0.00 0.00 0.00
B-2 19,219.83 0.00 0.00 0.00 0.00
B-3 6,406.61 0.00 0.00 0.00 0.00
B-4 12,819.25 0.00 0.00 0.00 0.00
B-5 6,406.61 0.00 0.00 0.00 0.00
B-6 6,407.79 0.00 784.10 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 44,159,867.63 0.00 222,370.59
A-2 0.00 16,760,000.00 0.00 96,020.83
A-3 0.00 36,709,908.67 0.00 224,241.77
A-4 0.00 223,542,997.65 0.00 521,221.03
A-5 0.00 13,820,344.19 0.00 88,408.73
A-6 0.00 14,966,096.84 0.00 90,488.84
A-R 0.00 93.42 0.00 0.60
A-LR 0.00 93.42 0.00 0.60
B-1 0.00 4,768,198.45 0.00 28,829.74
B-2 0.00 3,178,798.97 0.00 19,219.83
B-3 0.00 1,059,599.66 0.00 6,406.61
B-4 0.00 2,120,197.05 0.00 12,819.25
B-5 0.00 1,059,599.66 0.00 6,406.61
B-6 1,786.06 1,059,795.55 0.00 7,191.90
<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/SERVICING FEES
<S> <C>
Total Prepayment Interest Shortfall 1,674.05
Servicing Fee Support 1,674.05
Non-Supported Prepayment Interest Shortfall 0.00
Gross Servicing Fee 36,449.57
Master Servicing Fee 3,524.68
Supported Prepayment Interest Shortfall 1,674.05
Net Servicing Fee 38,300.20
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 146,505.69
Current Period Advances By Servicer 19,176.06
Reimbursement of Advances 146,505.69
Ending Cumulative Advances 19,176.06
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 1 139,547.43
60 Days 1 214,417.17
90+ Days 0 0.00
Foreclosure 0 0.00
REO 0 0.00
Totals 2 353,964.60
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 234,123.75
Current Period Realized Loss - Includes Interest Shortfall 804.89
Cumulative Realized Losses - Includes Interest Shortfall 1,722.35
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Mixed Fixed
Weighted Average Gross Coupon 7.732879%
Weighted Average Pass-Through Rate 7.250000%
Weighted Average Maturity (Stepdown Calculation) 352 Months
Beginning Scheduled Collateral Loan Count 808
Number of Loans Paid in Full 6
Ending Scheduled Collateral Loan Count 802
Beginning Scheduled Collateral Balance 211,484,271.61
Ending Scheduled Collateral Balance 209,880,903.43
Ending Actual Collateral Balance at 28-Jun-1996 210,528,142.56
Monthly P&I Constant 1,525,147.11
</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 0.04764607%
Fraud 4,248,352.19 2.00000000% 4,248,352.19 2.02417281%
Special Hazard 2,143,632.20 1.00915936% 2,143,632.20 1.02135648%
<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% 13,246,189.34 6.31128851%
B-1 8,497,196.34 4.00023160% 8,477,990.89 4.03942939%
B-2 5,311,196.34 2.50035595% 5,299,191.92 2.52485664%
B-3 4,249,196.34 2.00039740% 4,239,592.26 2.01999905%
B-4 2,124,196.34 1.00000953% 2,119,395.21 1.00980850%
B-5 1,062,196.34 0.50005098% 1,059,795.55 0.50495092%
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: 28-Jun-1996
Distribution Date: 25-Jul-1996
PHMSC Series 1996-7
Customer Service
Norwest Bank Minnesota, N.A.
Securities Administration Services
5325 Spectrum Drive
Frederick, MD 21701
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 89,553,186.68 0.98089956
A-2 74434UJ21 6.75000 15,000,000.00 14,595,127.87 0.97300852
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 31,051,659.11 0.96957657
A-9 74434UJ96 6.75000 13,078,000.00 12,542,581.40 0.95905960
A-10 74434UK29 6.75000 31,000,000.00 30,800,304.26 0.99355820
A-R 74434UK37 6.75000 100.00 0.00 0.00000000
AP 74434UK45 0.00000 4,637,677.00 4,597,696.95 0.99137929
M 74434UK52 6.75000 4,633,000.00 4,603,155.15 0.99355820
B-1 74434UK60 6.75000 2,317,000.00 2,302,074.35 0.99355820
B-2 74434UK78 6.75000 772,000.00 767,026.93 0.99355820
B-3 74434UK86 6.75000 2,008,000.00 1,995,064.87 0.99355820
B-4 74434UK94 6.75000 926,000.00 920,034.90 0.99355821
B-5 74434UL28 6.75000 927,679.28 921,703.36 0.99355820
</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-1 402,095.13 655,870.24 0.00 0.00 0.00 1,057,965.37
A-2 93,356.96 152,277.53 0.00 0.00 0.00 245,634.49
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-8 192,303.89 313,673.03 0.00 0.00 0.00 505,976.92
A-9 155,806.02 254,140.18 0.00 0.00 0.00 409,946.20
A-10 100,164.29 0.00 0.00 0.00 0.00 100,164.29
A-R 0.00 0.00 0.00 0.00 0.00 0.00
AP 15,659.42 6,115.67 0.00 0.00 0.00 21,775.09
M 14,969.71 0.00 0.00 0.00 0.00 14,969.71
B-1 7,486.47 0.00 0.00 0.00 0.00 7,486.47
B-2 2,494.41 0.00 0.00 0.00 0.00 2,494.41
B-3 6,488.06 0.00 0.00 0.00 0.00 6,488.06
B-4 2,992.00 0.00 0.00 0.00 0.00 2,992.00
B-5 2,885.83 0.00 0.00 0.00 111.60 2,885.83
<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-1 509,687.73 0.00 0.00 0.00 0.00
A-2 83,479.29 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-8 177,511.70 0.00 0.00 0.00 0.00
A-9 72,857.97 0.00 0.00 0.00 0.00
A-10 173,815.14 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 25,976.95 0.00 0.00 0.00 0.00
B-1 12,991.28 0.00 0.00 0.00 0.00
B-2 4,328.56 0.00 0.00 0.00 0.00
B-3 11,258.74 0.00 0.00 0.00 0.00
B-4 5,192.03 0.00 0.00 0.00 0.00
B-5 5,201.44 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 89,553,186.68 0.00 509,687.73
A-2 0.00 14,595,127.87 0.00 83,479.29
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 31,051,659.11 0.00 177,511.70
A-9 0.00 12,542,581.40 0.00 72,857.97
A-10 0.00 30,800,304.26 0.00 173,815.14
A-R 0.00 0.00 0.00 0.00
AP 0.00 4,597,696.95 0.00 0.00
M 0.00 4,603,155.15 0.00 25,976.95
B-1 0.00 2,302,074.35 0.00 12,991.28
B-2 0.00 767,026.93 0.00 4,328.56
B-3 0.00 1,995,064.87 0.00 11,258.74
B-4 0.00 920,034.90 0.00 5,192.03
B-5 0.00 921,703.36 0.00 5,201.44
<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/SERVICING FEES
<S> <C>
Total Prepayment Interest Shortfall 993.33
Servicing Fee Support 993.33
Non-Supported Prepayment Interest Shortfall 0.00
Gross Servicing Fee 52,466.03
Master Servicing Fee 5,121.29
Supported Prepayment Interest Shortfall 993.33
Net Servicing Fee 56,593.99
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 181,303.52
Current Period Advances By Servicer 0.00
Reimbursement of Advances 181,303.52
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 1 121,946.56
60 Days 0 0.00
90+ Days 0 0.00
Foreclosure 0 0.00
REO 0 0.00
Totals 1 121,946.56
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 294,465.25
Current Period Realized Loss - Includes Interest Shortfall 111.60
Cumulative Realized Losses - Includes Interest Shortfall 587.35
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Fixed 15 Year Ratio Strip
Weighted Average Gross Coupon 7.138460%
Weighted Average Pass-Through Rate 6.750000%
Weighted Average Maturity (Stepdown Calculation) 175 Months
Beginning Scheduled Collateral Loan Count 1,062
Number of Loans Paid in Full 4
Ending Scheduled Collateral Loan Count 1,058
Beginning Scheduled Collateral Balance 307,303,506.28
Ending Scheduled Collateral Balance 304,924,615.83
Ending Actual Collateral Balance at 28-Jun-1996 306,454,993.31
Monthly P&I Constant 2,760,140.63
</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 0.03279499%
Fraud 6,178,077.00 2.00004140% 6,178,077.00 2.02609979%
Special Hazard 3,089,038.00 1.00002054% 3,089,038.00 1.01304973%
<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% 11,509,059.56 3.77439503%
M 6,950,679.28 2.25015750% 6,905,904.41 2.26479072%
B-1 4,633,679.28 1.50007039% 4,603,830.06 1.50982565%
B-2 3,861,679.28 1.25014927% 3,836,803.13 1.25827924%
B-3 1,853,679.28 0.60009535% 1,841,738.26 0.60399789%
B-4 927,679.28 0.30031949% 921,703.36 0.30227253%
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: 28-Jun-1996
Distribution Date: 25-Jul-1996
PHMSC Series 1996-8
Customer Service
Norwest Bank Minnesota, N.A.
Securities Administration Services
5325 Spectrum Drive
Frederick, MD 21701
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 99,536,455.21 0.99536455
A-2 74434UE59 6.75000 73,250,000.00 72,786,037.56 0.99366604
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 2,736,171.63 0.99799058
M 74434UF41 6.75000 4,855,000.00 4,847,109.21 0.99837471
B-1 74434UF58 6.75000 2,697,000.00 2,692,616.59 0.99837471
B-2 74434UF66 6.75000 1,618,000.00 1,615,370.28 0.99837471
B-3 74434UH64 6.75000 1,834,000.00 1,831,019.22 0.99837471
B-4 74434UH72 6.75000 971,000.00 969,421.84 0.99837471
B-5 74434UH80 6.75000 971,880.05 970,300.47 0.99837472
</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 81,401.72 9,090.32 0.00 0.00 0.00 90,492.05
A-2 81,475.07 9,098.51 0.00 0.00 0.00 90,573.58
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 2,478.36 235.88 0.00 0.00 0.00 2,714.24
M 3,963.64 0.00 0.00 0.00 0.00 3,963.64
B-1 2,201.84 0.00 0.00 0.00 0.00 2,201.84
B-2 1,320.94 0.00 0.00 0.00 0.00 1,320.94
B-3 1,497.29 0.00 0.00 0.00 0.00 1,497.29
B-4 792.73 0.00 0.00 0.00 0.00 792.73
B-5 788.45 0.00 0.00 0.00 4.99 788.45
<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-1 560,401.58 0.00 0.00 0.00 0.00
A-2 409,930.94 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 27,287.28 0.00 0.00 0.00 0.00
B-1 15,158.35 0.00 0.00 0.00 0.00
B-2 9,093.89 0.00 0.00 0.00 0.00
B-3 10,307.91 0.00 0.00 0.00 0.00
B-4 5,457.46 0.00 0.00 0.00 0.00
B-5 5,462.40 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 99,536,455.21 0.00 560,401.58
A-2 0.00 72,786,037.56 0.00 409,930.94
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 0.56
AP 0.00 2,736,171.63 0.00 0.00
M 0.00 4,847,109.21 0.00 27,287.28
B-1 0.00 2,692,616.59 0.00 15,158.35
B-2 0.00 1,615,370.28 0.00 9,093.89
B-3 0.00 1,831,019.22 0.00 10,307.91
B-4 0.00 969,421.84 0.00 5,457.46
B-5 0.00 970,300.47 0.00 5,462.40
<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/SERVICING FEES
<S> <C>
Total Prepayment Interest Shortfall 0.00
Servicing Fee Support 0.00
Non-Supported Prepayment Interest Shortfall 0.00
Gross Servicing Fee 35,873.60
Master Servicing Fee 3,583.62
Supported Prepayment Interest Shortfall 0.00
Net Servicing Fee 39,457.22
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 38,911.17
Current Period Advances By Servicer 0.00
Reimbursement of Advances 38,911.17
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 43,075.47
Current Period Realized Loss - Includes Interest Shortfall 4.99
Cumulative Realized Losses - Includes Interest Shortfall 43.18
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Fixed 30 Year Ratio Strip
Weighted Average Gross Coupon 7.159403%
Weighted Average Pass-Through Rate 6.750000%
Weighted Average Maturity (Stepdown Calculation) 356 Months
Beginning Scheduled Collateral Loan Count 719
Number of Loans Paid in Full 0
Ending Scheduled Collateral Loan Count 719
Beginning Scheduled Collateral Balance 215,018,951.78
Ending Scheduled Collateral Balance 214,824,602.02
Ending Actual Collateral Balance at 28-Jun-1996 214,966,690.98
Monthly P&I Constant 1,409,450.91
</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 0.09741199%
Fraud 4,315,573.22 2.00000000% 4,315,573.22 2.00888221%
Special Hazard 3,965,591.19 1.83780508% 3,965,591.19 1.84596697%
<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% 12,925,837.61 6.01692613%
M 8,091,880.05 3.75008354% 8,078,728.40 3.76061602%
B-1 5,394,880.05 2.50019164% 5,386,111.81 2.50721368%
B-2 3,776,880.05 1.75034919% 3,770,741.53 1.75526522%
B-3 1,942,880.05 0.90040417% 1,939,722.31 0.90293304%
B-4 971,880.05 0.45040601% 970,300.47 0.45167102%
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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