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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 : September 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 September 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
September 25,1996 distribution
(EX-99.2) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-2, relating to the
September 25,1996 distribution
(EX-99.3) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-3, relating to the
September 25,1996 distribution
(EX-99.4) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-4, relating to the
September 25,1996 distribution
(EX-99.5) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-5, relating to the
September 25,1996 distribution
(EX-99.6) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-6, relating to the
September 25,1996 distribution
(EX-99.7) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-7, relating to the
September 25,1996 distribution
(EX-99.8) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-8, relating to the
September 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.
September 26, 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
September 25,1996 distribution
(EX-99.2) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-2, relating to the
September 25,1996 distribution
(EX-99.3) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-3, relating to the
September 25,1996 distribution
(EX-99.4) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-4, relating to the
September 25,1996 distribution
(EX-99.5) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-5, relating to the
September 25,1996 distribution
(EX-99.6) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-6, relating to the
September 25,1996 distribution
(EX-99.7) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-7, relating to the
September 25,1996 distribution
(EX-99.8) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-8, relating to the
September 25,1996 distribution
<TABLE>
<CAPTION>
The Prudential Home Mortgage Securities Company, Inc.
Mortgage Pass-Through Certificates
Statements to Certificateholders
Record Date: 30-Aug-1996
Distribution Date: 25-Sep-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 45,778,568.85 0.89371120
A-2 74434UVD3 6.61000 52,537,000.00 46,952,905.37 0.89371120
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 9,936,755.38 0.99367554
A-R 74434UVJ0 7.00000 1,000.00 0.00 0.00000000
AP 74434UVK7 0.00000 522,201.33 473,809.32 0.90733074
M 74434UVL5 7.00000 4,534,000.00 4,505,324.89 0.99367554
B-1 74434UVM3 7.00000 3,175,000.00 3,154,919.83 0.99367554
B-2 74434UVN1 7.00000 1,360,000.00 1,351,398.73 0.99367554
B-3 74434UVQ4 7.00000 1,451,000.00 1,441,823.21 0.99367554
B-4 74434UVR2 7.00000 816,000.00 810,839.24 0.99367554
B-5 74434UVS0 7.00000 907,741.82 902,000.84 0.99367554
</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 59,913.18 1,064,864.56 0.00 0.00 0.00 1,124,777.74
A-2 61,450.11 1,092,181.04 0.00 0.00 0.00 1,153,631.15
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 8,053.32 0.00 0.00 0.00 0.00 8,053.32
A-R 0.00 0.00 0.00 0.00 0.00 0.00
AP 468.27 37.51 0.00 0.00 0.00 505.78
M 3,651.38 0.00 0.00 0.00 0.00 3,651.38
B-1 2,556.93 0.00 0.00 0.00 0.00 2,556.93
B-2 1,095.25 0.00 0.00 0.00 0.00 1,095.25
B-3 1,168.54 0.00 0.00 0.00 0.00 1,168.54
B-4 657.15 0.00 0.00 0.00 0.00 657.15
B-5 721.64 0.00 0.00 0.00 9.40 721.64
<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-1 289,237.30 0.00 0.00 0.00 0.00
A-2 264,986.84 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 58,011.38 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 26,302.36 0.00 0.00 0.00 0.00
B-1 18,418.61 0.00 0.00 0.00 0.00
B-2 7,889.55 0.00 0.00 0.00 0.00
B-3 8,417.45 0.00 0.00 0.00 0.00
B-4 4,733.73 0.00 0.00 0.00 0.00
B-5 5,265.94 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 45,778,568.85 0.00 289,237.30
A-2 0.00 46,952,905.37 0.00 264,986.84
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 9,936,755.38 0.00 58,011.38
A-R 0.00 0.00 0.00 0.00
AP 0.00 473,809.32 0.00 0.00
M 0.00 4,505,324.89 0.00 26,302.36
B-1 0.00 3,154,919.83 0.00 18,418.61
B-2 0.00 1,351,398.73 0.00 7,889.55
B-3 0.00 1,441,823.21 0.00 8,417.45
B-4 0.00 810,839.24 0.00 4,733.73
B-5 0.00 902,000.84 0.00 5,265.94
<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 3,024.21
Servicing Fee Support 3,024.21
Non-Supported Prepayment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 28,885.28
Master Servicing Fee 2,874.35
Supported Prepayment/Curtailment Interest Shortfall 3,024.21
Net Servicing Fees 28,735.43
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 65,528.97
Current Period Advances By Servicer 15,884.18
Reimbursement of Advances 65,528.97
Ending Cumulative Advances 15,884.18
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 2 709,698.76
60 Days 1 262,436.36
90+ Days 0 0.00
Foreclosure 0 0.00
REO 0 0.00
Totals 3 972,135.12
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 58,614.96
Current Period Realized Loss - Includes Interest Shortfall 9.40
Cumulative Realized Losses - Includes Interest Shortfall 169.47
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Mixed Fixed Ratio Strip
Weighted Average Gross Coupon 7.638307%
Weighted Average Pass-Through Rate 7.000000%
Weighted Average Maturity (Stepdown Calculation) 345 Months
Beginning Scheduled Collateral Loan Count 619
Number of Loans Paid in Full 7
Ending Scheduled Collateral Loan Count 612
Beginning Scheduled Collateral Balance 172,463,173.94
Ending Scheduled Collateral Balance 170,166,345.66
Ending Actual Collateral Balance at 30-Aug-1996 171,046,328.51
Monthly P&I Constant 1,176,791.94
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 0.05876603%
Fraud 3,627,698.91 2.00000003% 3,627,698.91 2.13185451%
Special Hazard 2,031,879.96 1.12020321% 2,031,879.96 1.19405512%
<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% 12,166,306.74 7.14965506%
M 7,709,741.82 4.25048611% 7,660,981.85 4.50205463%
B-1 4,534,741.82 2.50006519% 4,506,062.02 2.64803361%
B-2 3,174,741.82 1.75027859% 3,154,663.29 1.85387027%
B-3 1,723,741.82 0.95032244% 1,712,840.08 1.00656806%
B-4 907,741.82 0.50045048% 902,000.84 0.53007005%
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-Aug-1996
Distribution Date: 25-Sep-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 9,109,889.53 0.94228604
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 39,661,915.67 0.99508292
A-6 74434UWZ3 7.00000 4,996,513.00 4,717,527.84 0.94416403
A-7 74434UXR0 7.45000 57,959,566.00 54,723,336.80 0.94416402
A-8 74434UXA7 7.25000 44,500,000.00 41,023,667.21 0.92188016
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 56,357,146.70 0.94416402
A-15 74434UXH2 7.40000 60,962,267.00 57,766,285.22 0.94757443
A-16 74434UXJ8 6.85000 9,993,028.00 9,212,374.27 0.92188016
A-17 74434UXK5 8.00000 1,000,000.00 1,000,000.00 1.00000000
A-18 74434UXL3 6.65000 4,996,514.00 4,606,187.14 0.92188016
A-19 74434UXM1 7.45000 9,993,028.00 9,212,374.27 0.92188016
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 377,400.60 373,903.63 0.99073406
B-1 74434UYH1 7.25000 10,639,000.00 10,586,687.23 0.99508292
B-2 74434UYJ7 7.25000 4,255,000.00 4,234,077.84 0.99508292
B-3 74434UYK4 7.25000 3,192,000.00 3,176,304.69 0.99508292
B-4 74434UYL2 7.25000 4,468,000.00 4,446,030.50 0.99508292
B-5 74434UYM0 7.25000 1,915,000.00 1,905,583.80 0.99508292
B-6 74434UYN8 7.25000 2,128,275.14 2,117,810.25 0.99508292
</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 8,747.03 106,122.30 0.00 0.00 0.00 114,869.34
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 28,827.49 0.00 0.00 0.00 0.00 28,827.49
A-6 4,373.51 53,061.14 0.00 0.00 0.00 57,434.65
A-7 50,732.79 615,509.44 0.00 0.00 0.00 666,242.24
A-8 54,496.78 661,175.56 0.00 0.00 0.00 715,672.34
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 52,247.46 633,885.95 0.00 0.00 0.00 686,133.41
A-15 50,101.85 607,854.65 0.00 0.00 0.00 657,956.51
A-16 12,237.93 148,475.19 0.00 0.00 0.00 160,713.12
A-17 0.00 0.00 0.00 0.00 0.00 0.00
A-18 6,118.96 74,237.59 0.00 0.00 0.00 80,356.56
A-19 12,237.93 148,475.19 0.00 0.00 0.00 160,713.12
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 317.93 46.68 0.00 0.00 0.00 364.61
B-1 7,694.73 0.00 0.00 0.00 0.00 7,694.73
B-2 3,077.46 0.00 0.00 0.00 0.00 3,077.46
B-3 2,308.64 0.00 0.00 0.00 0.00 2,308.64
B-4 3,231.51 0.00 0.00 0.00 0.00 3,231.51
B-5 1,385.04 0.00 0.00 0.00 0.00 1,385.04
B-6 1,511.33 0.00 0.00 0.00 27.96 1,511.33
<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 55,732.92 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-5 239,798.24 0.00 0.00 0.00 0.00
A-6 27,853.95 0.00 0.00 0.00 0.00
A-7 343,876.97 0.00 0.00 0.00 0.00
A-8 252,175.18 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-14 335,129.27 0.00 0.00 0.00 0.00
A-15 360,282.82 0.00 0.00 0.00 0.00
A-16 53,504.71 0.00 0.00 0.00 0.00
A-17 6,666.67 0.00 0.00 0.00 0.00
A-18 25,971.26 0.00 0.00 0.00 0.00
A-19 58,191.25 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 64,007.72 0.00 0.00 0.00 0.00
B-2 25,599.48 0.00 0.00 0.00 0.00
B-3 19,204.12 0.00 0.00 0.00 0.00
B-4 26,880.96 0.00 0.00 0.00 0.00
B-5 11,521.27 0.00 0.00 0.00 0.00
B-6 12,804.40 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 9,109,889.53 0.00 55,732.92
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 39,661,915.67 0.00 239,798.24
A-6 0.00 4,717,527.84 0.00 27,853.95
A-7 0.00 54,723,336.80 0.00 343,876.97
A-8 0.00 41,023,667.21 0.00 252,175.18
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 56,357,146.70 0.00 335,129.27
A-15 0.00 57,766,285.22 0.00 360,282.82
A-16 0.00 9,212,374.27 0.00 53,504.71
A-17 0.00 1,000,000.00 0.00 6,666.67
A-18 0.00 4,606,187.14 0.00 25,971.26
A-19 0.00 9,212,374.27 0.00 58,191.25
A-20 0.00 22,251,865.00 0.00 132,305.88
A-R 0.00 0.00 0.00 0.00
AP 0.00 373,903.63 0.00 0.00
B-1 0.00 10,586,687.23 0.00 64,007.72
B-2 0.00 4,234,077.84 0.00 25,599.48
B-3 0.00 3,176,304.69 0.00 19,204.12
B-4 0.00 4,446,030.50 0.00 26,880.96
B-5 0.00 1,905,583.80 0.00 11,521.27
B-6 0.00 2,117,810.25 0.00 12,804.40
<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
<S> <C>
Total Prepayment Interest Shortfall 2,398.04
Servicing Fee Support 2,398.04
Non-Supported Prepayment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 72,686.63
Master Servicing Fee 6,875.43
Supported Prepayment/Curtailment Interest Shortfall 2,398.04
Net Servicing Fees 77,164.02
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 178,787.21
Current Period Advances By Servicer 99,301.13
Reimbursement of Advances 178,787.21
Ending Cumulative Advances 99,301.13
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 6 1,723,930.16
60 Days 1 343,877.23
90+ Days 0 0.00
Foreclosure 3 702,281.13
REO 0 0.00
Totals 10 2,770,088.52
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 676,212.26
Current Period Realized Loss - Includes Interest Shortfall 27.96
Cumulative Realized Losses - Includes Interest Shortfall 1,321.36
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Mixed Fixed Ratio Strip
Weighted Average Gross Coupon 8.109857%
Weighted Average Pass-Through Rate 7.250000%
Weighted Average Maturity (Stepdown Calculation) 350 Months
Beginning Scheduled Collateral Loan Count 1,671
Number of Loans Paid in Full 14
Ending Scheduled Collateral Loan Count 1,657
Beginning Scheduled Collateral Balance 412,541,850.62
Ending Scheduled Collateral Balance 409,193,330.58
Ending Actual Collateral Balance at 30-Aug-1996 410,588,528.58
Monthly P&I Constant 2,871,425.80
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 0.03739941%
Fraud 8,511,073.51 2.00000000% 8,511,073.51 2.07996389%
Special Hazard 4,256,324.91 1.00018521% 4,256,324.91 1.04017456%
<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% 26,466,494.31 6.46796815%
B-1 15,958,275.14 3.75000289% 15,879,807.08 3.88075902%
B-2 11,703,275.14 2.75012902% 11,645,729.24 2.84602127%
B-3 8,511,275.14 2.00004738% 8,469,424.55 2.06978558%
B-4 4,043,275.14 0.95012107% 4,023,394.05 0.98325015%
B-5 2,128,275.14 0.50011908% 2,117,810.25 0.51755737%
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-Aug-1996
Distribution Date: 25-Sep-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 4,818,505.89 0.95397068
A-2 74434UXV1 6.75000 27,033,000.00 25,112,297.66 0.92894972
A-3 74434UXW9 6.75000 58,855,000.00 56,319,925.85 0.95692678
A-4 74434UXX7 6.75000 10,915,000.00 10,915,000.00 1.00000000
A-5 74434UXY5 6.75000 18,000,000.00 17,594,680.60 0.97748226
A-R 74434UYD0 6.75000 100.00 0.00 0.00000000
AP 74434UXZ2 0.00000 647,572.74 627,949.07 0.96969658
M 74434UYA6 6.75000 1,249,000.00 1,220,875.34 0.97748226
B-1 74434UYB4 6.75000 1,249,000.00 1,220,875.34 0.97748226
B-2 74434UYC2 6.75000 624,000.00 609,948.93 0.97748226
B-3 74434UYE8 6.75000 562,000.00 549,345.03 0.97748226
B-4 74434UYF5 6.75000 312,000.00 304,974.46 0.97748224
B-5 74434UYG3 6.75000 375,241.61 366,792.02 0.97748227
</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 16,320.77 11,097.42 0.00 0.00 0.00 27,418.18
A-2 134,830.67 91,679.04 0.00 0.00 0.00 226,509.71
A-3 177,958.73 121,004.25 0.00 0.00 0.00 298,962.98
A-4 0.00 0.00 0.00 0.00 0.00 0.00
A-5 59,458.03 0.00 0.00 0.00 0.00 59,458.03
A-R 0.00 0.00 0.00 0.00 0.00 0.00
AP 2,303.11 525.43 0.00 0.00 0.00 2,828.54
M 4,125.73 0.00 0.00 0.00 0.00 4,125.73
B-1 4,125.73 0.00 0.00 0.00 0.00 4,125.73
B-2 2,061.21 0.00 0.00 0.00 0.00 2,061.21
B-3 1,856.41 0.00 0.00 0.00 0.00 1,856.41
B-4 1,030.61 0.00 0.00 0.00 0.00 1,030.61
B-5 1,134.47 0.00 0.00 0.00 105.04 1,134.47
<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 27,258.32 0.00 0.00 0.00 0.00
A-2 142,530.79 0.00 0.00 0.00 0.00
A-3 318,481.25 0.00 0.00 0.00 0.00
A-4 61,396.88 0.00 0.00 0.00 0.00
A-5 99,304.53 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 6,890.63 0.00 0.00 0.00 0.00
B-1 6,890.63 0.00 0.00 0.00 0.00
B-2 3,442.56 0.00 0.00 0.00 0.00
B-3 3,100.51 0.00 0.00 0.00 0.00
B-4 1,721.28 0.00 0.00 0.00 0.00
B-5 2,070.18 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 4,818,505.89 0.00 27,258.32
A-2 0.00 25,112,297.66 0.00 142,530.79
A-3 0.00 56,319,925.85 0.00 318,481.25
A-4 0.00 10,915,000.00 0.00 61,396.87
A-5 0.00 17,594,680.60 0.00 99,304.53
A-R 0.00 0.00 0.00 0.00
AP 0.00 627,949.07 0.00 0.00
M 0.00 1,220,875.34 0.00 6,890.63
B-1 0.00 1,220,875.34 0.00 6,890.63
B-2 0.00 609,948.93 0.00 3,442.56
B-3 0.00 549,345.03 0.00 3,100.51
B-4 0.00 304,974.46 0.00 1,721.28
B-5 0.00 366,792.02 0.00 2,070.18
<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 141.77
Servicing Fee Support 141.77
Non-Supported Prepayment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 20,426.07
Master Servicing Fee 2,004.48
Supported Prepayment/Curtailment Interest Shortfall 141.77
Net Servicing Fees 22,288.79
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 32,522.89
Current Period Advances By Servicer 11,276.72
Reimbursement of Advances 32,522.89
Ending Cumulative Advances 11,276.72
</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 106,407.29
Current Period Realized Loss - Includes Interest Shortfall 105.04
Cumulative Realized Losses - Includes Interest Shortfall 2,234.43
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Fixed 15 Year Ratio Strip
Weighted Average Gross Coupon 7.427013%
Weighted Average Pass-Through Rate 6.750000%
Weighted Average Maturity (Stepdown Calculation) 171 Months
Beginning Scheduled Collateral Loan Count 459
Number of Loans Paid in Full 0
Ending Scheduled Collateral Loan Count 459
Beginning Scheduled Collateral Balance 120,290,786.80
Ending Scheduled Collateral Balance 119,661,170.17
Ending Actual Collateral Balance at 30-Aug-1996 120,131,290.68
Monthly P&I Constant 1,100,723.57
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 0.08356930%
Fraud 2,497,707.01 2.00019918% 2,497,707.01 2.08731622%
Special Hazard 1,987,480.00 1.59160216% 1,987,480.00 1.66092309%
<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% 4,272,811.12 3.57075826%
M 3,122,241.61 2.50033534% 3,051,935.78 2.55048131%
B-1 1,873,241.61 1.50011844% 1,831,060.44 1.53020436%
B-2 1,249,241.61 1.00041039% 1,221,111.51 1.02047432%
B-3 687,241.61 0.55035282% 671,766.48 0.56139053%
B-4 375,241.61 0.30049880% 366,792.02 0.30652552%
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-Aug-1996
Distribution Date: 25-Sep-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 134,516,000.00 130,998,284.85 0.97384909
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 9,852,842.33 0.99523660
A-R 74434UYV0 6.50000 1,000.00 0.00 0.00000000
AP 74434UYW8 0.00000 27,206.22 27,019.20 0.99312584
M 74434UYX6 6.50000 4,409,000.00 4,387,998.16 0.99523660
B-1 74434UYY4 6.50000 1,764,000.00 1,755,597.36 0.99523660
B-2 74434UYZ1 6.50000 1,322,000.00 1,315,702.78 0.99523660
B-3 74434UZW7 6.50000 1,500,000.00 1,492,854.90 0.99523660
B-4 74434UZX5 6.50000 793,000.00 789,222.62 0.99523660
B-5 74434UZY3 6.50000 794,392.15 790,608.14 0.99523660
</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-1 124,104.17 1,000,462.94 0.00 0.00 0.00 1,124,567.11
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 7,974.36 0.00 0.00 0.00 0.00 7,974.36
A-R 0.00 0.00 0.00 0.00 0.00 0.00
AP 25.05 4.38 0.00 0.00 0.00 29.44
M 3,551.41 0.00 0.00 0.00 0.00 3,551.41
B-1 1,420.89 0.00 0.00 0.00 0.00 1,420.89
B-2 1,064.86 0.00 0.00 0.00 0.00 1,064.86
B-3 1,208.24 0.00 0.00 0.00 0.00 1,208.24
B-4 638.75 0.00 0.00 0.00 0.00 638.75
B-5 423.70 0.00 0.00 0.00 216.18 423.70
<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-1 715,665.45 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 53,412.76 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 23,787.56 0.00 0.00 0.00 0.00
B-1 9,517.18 0.00 0.00 0.00 0.00
B-2 7,132.49 0.00 0.00 0.00 0.00
B-3 8,092.84 0.00 0.00 0.00 0.00
B-4 4,278.42 0.00 0.00 0.00 0.00
B-5 4,285.93 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 0.00 130,998,284.85 0.00 715,665.45
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 9,852,842.33 0.00 53,412.76
A-R 0.00 0.00 0.00 0.00
AP 0.00 27,019.20 0.00 0.00
M 0.00 4,387,998.16 0.00 23,787.56
B-1 0.00 1,755,597.36 0.00 9,517.18
B-2 0.00 1,315,702.78 0.00 7,132.49
B-3 0.00 1,492,854.90 0.00 8,092.84
B-4 0.00 789,222.62 0.00 4,278.42
B-5 0.00 790,608.14 0.00 4,285.93
<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
<S> <C>
Total Prepayment Interest Shortfall 1,121.42
Servicing Fee Support 1,121.42
Non-Supported Prepayment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 29,198.70
Master Servicing Fee 2,898.19
Supported Prepayment/Curtailment Interest Shortfall 1,121.42
Net Servicing Fees 30,975.47
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 47,200.72
Current Period Advances By Servicer 0.00
Reimbursement of Advances 47,200.72
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 49,995.38
Current Period Realized Loss - Includes Interest Shortfall 216.18
Cumulative Realized Losses - Includes Interest Shortfall 1,396.97
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Fixed 30 Year Ratio Strip
Weighted Average Gross Coupon 7.369506%
Weighted Average Pass-Through Rate 6.500000%
Weighted Average Maturity (Stepdown Calculation) 351 Months
Beginning Scheduled Collateral Loan Count 594
Number of Loans Paid in Full 3
Ending Scheduled Collateral Loan Count 591
Beginning Scheduled Collateral Balance 173,891,225.28
Ending Scheduled Collateral Balance 172,750,130.35
Ending Actual Collateral Balance at 30-Aug-1996 172,873,831.24
Monthly P&I Constant 1,115,071.75
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 0.05788708%
Fraud 3,527,342.14 2.00000577% 3,527,342.14 2.04187524%
Special Hazard 1,763,671.07 1.00000288% 1,763,671.07 1.02093762%
<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% 10,531,983.96 6.09665761%
M 6,173,392.15 3.50031820% 6,143,985.80 3.55657376%
B-1 4,409,392.15 2.50012882% 4,388,388.44 2.54030977%
B-2 3,087,392.15 1.75055378% 3,072,685.66 1.77868790%
B-3 1,587,392.15 0.90005260% 1,579,830.76 0.91451784%
B-4 794,392.15 0.45042097% 790,608.14 0.45765994%
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-Aug-1996
Distribution Date: 25-Sep-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 82,272,113.89 0.96805653
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 12,919,433.14 0.99571355
A-6 74434UZJ6 7.25000 12,975,050.00 12,919,433.14 0.99571355
A-7 74434UZK3 8.00000 22,144,779.00 21,437,397.98 0.96805653
A-8 74434UZL1 7.00000 19,972,347.00 19,334,360.96 0.96805653
A-9 74434UZM9 7.25000 13,103,000.00 13,103,000.00 1.00000000
A-10 74434UZN7 7.05000 47,781,684.00 45,887,111.70 0.96034940
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 909,987.42 894,348.75 0.98281441
M 74434UZT4 7.25000 6,250,000.00 6,223,209.71 0.99571355
B-1 74434UZU1 7.25000 3,472,000.00 3,457,117.46 0.99571355
B-2 74434UZV9 7.25000 2,083,000.00 2,074,071.33 0.99571355
B-3 74434UZZ0 7.25000 2,778,000.00 2,766,092.25 0.99571355
B-4 74434UA20 7.25000 1,389,000.00 1,383,046.13 0.99571356
B-5 74434UA38 7.25000 1,388,926.01 1,382,972.45 0.99571355
</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 76,702.35 376,185.70 0.00 0.00 0.00 452,888.05
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 9,515.74 0.00 0.00 0.00 0.00 9,515.74
A-6 9,515.74 0.00 0.00 0.00 0.00 9,515.74
A-7 19,986.10 98,021.57 0.00 0.00 0.00 118,007.67
A-8 18,025.44 88,405.53 0.00 0.00 0.00 106,430.97
A-9 0.00 0.00 0.00 0.00 0.00 0.00
A-10 53,528.59 262,530.31 0.00 0.00 0.00 316,058.90
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 784.43 10,117.22 0.00 0.00 0.00 10,901.66
M 4,583.67 0.00 0.00 0.00 0.00 4,583.67
B-1 2,546.32 0.00 0.00 0.00 0.00 2,546.32
B-2 1,527.65 0.00 0.00 0.00 0.00 1,527.65
B-3 2,037.35 0.00 0.00 0.00 0.00 2,037.35
B-4 1,018.68 0.00 0.00 0.00 0.00 1,018.68
B-5 1,018.62 0.00 0.00 0.00 0.00 1,018.62
<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-1 499,796.89 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 78,112.40 0.00 0.00 0.00 0.00
A-6 78,112.40 0.00 0.00 0.00 0.00
A-7 143,702.70 0.00 0.00 0.00 0.00
A-8 113,404.62 0.00 0.00 0.00 0.00
A-9 79,163.96 0.00 0.00 0.00 0.00
A-10 271,443.63 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 37,626.25 0.00 0.00 0.00 0.00
B-1 20,902.14 0.00 0.00 0.00 0.00
B-2 12,540.08 0.00 0.00 0.00 0.00
B-3 16,724.12 0.00 0.00 0.00 0.00
B-4 8,362.06 0.00 0.00 0.00 0.00
B-5 8,361.61 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 82,272,113.89 0.00 499,796.89
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 12,919,433.14 0.00 78,112.40
A-6 0.00 12,919,433.14 0.00 78,112.40
A-7 0.00 21,437,397.98 0.00 143,702.70
A-8 0.00 19,334,360.96 0.00 113,404.62
A-9 0.00 13,103,000.00 0.00 79,163.96
A-10 0.00 45,887,111.70 0.00 271,443.63
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 12.85
AP 0.00 894,348.75 0.00 0.00
M 0.00 6,223,209.71 0.00 37,626.25
B-1 0.00 3,457,117.46 0.00 20,902.14
B-2 0.00 2,074,071.33 0.00 12,540.08
B-3 0.00 2,766,092.25 0.00 16,724.12
B-4 0.00 1,383,046.13 0.00 8,362.06
B-5 0.00 1,382,972.45 0.00 8,361.61
<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 1,606.38
Servicing Fee Support 1,606.38
Non-Supported Prepayment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 48,179.17
Master Servicing Fee 4,543.17
Supported Prepayment/Curtailment Interest Shortfall 1,606.38
Net Servicing Fees 51,115.96
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 85,222.62
Current Period Advances By Servicer 16,485.81
Reimbursement of Advances 85,222.62
Ending Cumulative Advances 16,485.81
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 5 1,057,311.70
60 Days 0 0.00
90+ Days 0 0.00
Foreclosure 0 0.00
REO 0 0.00
Totals 5 1,057,311.70
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 458,546.56
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 7.983664%
Weighted Average Pass-Through Rate 7.250000%
Weighted Average Maturity (Stepdown Calculation) 351 Months
Beginning Scheduled Collateral Loan Count 1,061
Number of Loans Paid in Full 3
Ending Scheduled Collateral Loan Count 1,058
Beginning Scheduled Collateral Balance 272,651,859.89
Ending Scheduled Collateral Balance 271,615,808.87
Ending Actual Collateral Balance at 30-Aug-1996 271,962,376.04
Monthly P&I Constant 1,895,657.59
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 0.03830667%
Fraud 5,556,876.51 2.00051778% 5,556,876.51 2.04585901%
Special Hazard 2,778,438.25 1.00025889% 2,778,438.25 1.02292951%
<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% 17,286,509.33 6.36432371%
M 11,110,926.01 4.00001781% 11,063,299.62 4.07314275%
B-1 7,638,926.01 2.75007142% 7,606,182.16 2.80034590%
B-2 5,555,926.01 2.00017559% 5,532,110.83 2.03674111%
B-3 2,777,926.01 1.00007448% 2,766,018.58 1.01835699%
B-4 1,388,926.01 0.50002392% 1,382,972.45 0.50916493%
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-Aug-1996
Distribution Date: 25-Sep-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 43,426,176.17 0.96509048
A-2 74434UC51 6.87500 16,760,000.00 16,760,000.00 1.00000000
A-3 74434UC69 7.25000 37,500,000.00 36,028,288.16 0.96075435
A-4 74434UD35 2.79537 70,090,413.28 70,210,026.85 1.00170656
A-5 74434UC77 7.25000 14,793,800.00 13,820,344.19 0.93419839
A-6 74434UC85 7.25000 15,000,000.00 14,942,990.32 0.99619935
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 4,760,836.71 0.99619935
B-2 74434UD50 7.25000 3,186,000.00 3,173,891.14 0.99619935
B-3 74434UD68 7.25000 1,062,000.00 1,057,963.71 0.99619935
B-4 74434UD76 7.25000 2,125,000.00 2,116,923.63 0.99619936
B-5 74434UD84 7.25000 1,062,000.00 1,057,963.71 0.99619935
B-6 74434UD92 7.25000 1,062,196.34 1,058,159.31 0.99619936
</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 67,190.91 317,152.20 0.00 0.00 0.00 384,343.12
A-2 0.00 0.00 0.00 0.00 0.00 0.00
A-3 66,973.89 316,127.83 0.00 0.00 0.00 383,101.72
A-4 44,732.11 203,679.52 (219,265.04) 0.00 0.00 29,146.58
A-5 0.00 0.00 0.00 0.00 0.00 0.00
A-6 11,594.17 0.00 0.00 0.00 0.00 11,594.17
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 3,693.90 0.00 0.00 0.00 0.00 3,693.90
B-2 2,462.60 0.00 0.00 0.00 0.00 2,462.60
B-3 820.87 0.00 0.00 0.00 0.00 820.87
B-4 1,642.51 0.00 0.00 0.00 0.00 1,642.51
B-5 820.87 0.00 0.00 0.00 0.00 820.87
B-6 0.00 0.00 0.00 0.00 821.02 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-1 219,052.60 0.00 0.00 0.00 141.05
A-2 96,020.83 0.00 0.00 0.00 61.83
A-3 219,985.48 0.00 0.00 0.00 141.65
A-4 519,856.84 0.00 0.00 0.00 334.73
A-5 83,497.91 0.00 0.00 0.00 53.76
A-6 90,350.61 0.00 0.00 0.00 58.18
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 28,785.71 0.00 0.00 0.00 19.41
B-2 19,190.47 0.00 0.00 0.00 12.94
B-3 6,396.82 0.00 0.00 0.00 4.31
B-4 12,799.67 0.00 0.00 0.00 8.63
B-5 6,396.82 0.00 0.00 0.00 4.31
B-6 6,398.01 0.00 817.64 0.00 4.31
</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 43,426,176.17 0.00 218,911.55
A-2 0.00 16,760,000.00 0.00 95,959.01
A-3 0.00 36,028,288.16 0.00 219,843.83
A-4 0.00 222,313,403.09 0.00 519,522.11
A-5 0.00 13,820,344.19 0.00 83,444.15
A-6 0.00 14,942,990.32 0.00 90,292.44
A-R 0.00 93.42 0.00 0.56
A-LR 0.00 93.42 0.00 0.56
B-1 0.00 4,760,836.71 0.00 28,766.29
B-2 0.00 3,173,891.14 0.00 19,177.53
B-3 0.00 1,057,963.71 0.00 6,392.51
B-4 0.00 2,116,923.63 0.00 12,791.04
B-5 0.00 1,057,963.71 0.00 6,392.51
B-6 154.06 1,058,159.31 0.00 7,211.33
<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 2,139.68
Servicing Fee Support 1,294.57
Non-Supported Prepayment Interest Shortfall 845.11
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 36,072.75
Master Servicing Fee 3,487.18
Supported Prepayment/Curtailment Interest Shortfall 1,294.57
Net Servicing Fees 38,265.36
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 98,861.89
Current Period Advances By Servicer 7,651.28
Reimbursement of Advances 98,861.89
Ending Cumulative Advances 7,651.28
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 4 699,245.34
60 Days 0 0.00
90+ Days 0 0.00
Foreclosure 0 0.00
REO 0 0.00
Totals 4 699,245.34
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 230,984.51
Current Period Realized Loss - Includes Interest Shortfall 821.02
Cumulative Realized Losses - Includes Interest Shortfall 3,358.60
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Mixed Fixed
Weighted Average Gross Coupon 7.732827%
Weighted Average Pass-Through Rate 7.250000%
Weighted Average Maturity (Stepdown Calculation) 350 Months
Beginning Scheduled Collateral Loan Count 800
Number of Loans Paid in Full 3
Ending Scheduled Collateral Loan Count 797
Beginning Scheduled Collateral Balance 209,232,198.11
Ending Scheduled Collateral Balance 208,413,750.75
Ending Actual Collateral Balance at 30-Aug-1996 208,588,665.56
Monthly P&I Constant 1,511,133.65
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 0.04798148%
Fraud 4,248,352.19 2.00000000% 4,248,352.19 2.03842221%
Special Hazard 2,143,632.20 1.00915936% 2,143,632.20 1.02854643%
<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% 13,225,738.21 6.34590480%
B-1 8,497,196.34 4.00023160% 8,464,901.50 4.06158493%
B-2 5,311,196.34 2.50035595% 5,291,010.36 2.53870502%
B-3 4,249,196.34 2.00039740% 4,233,046.65 2.03107839%
B-4 2,124,196.34 1.00000953% 2,116,123.02 1.01534712%
B-5 1,062,196.34 0.50005098% 1,058,159.31 0.50772049%
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-Aug-1996
Distribution Date: 25-Sep-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 87,813,034.21 0.96183921
A-2 74434UJ21 6.75000 15,000,000.00 14,191,105.70 0.94607371
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 29,928,421.31 0.93450388
A-9 74434UJ96 6.75000 13,078,000.00 12,159,299.31 0.92975220
A-10 74434UK29 6.75000 31,000,000.00 30,597,174.55 0.98700563
A-R 74434UK37 6.75000 100.00 0.00 0.00000000
AP 74434UK45 0.00000 4,637,677.00 4,525,880.67 0.97589389
M 74434UK52 6.75000 4,633,000.00 4,572,797.09 0.98700563
B-1 74434UK60 6.75000 2,317,000.00 2,286,892.05 0.98700563
B-2 74434UK78 6.75000 772,000.00 761,968.35 0.98700563
B-3 74434UK86 6.75000 2,008,000.00 1,981,907.31 0.98700563
B-4 74434UK94 6.75000 926,000.00 913,967.21 0.98700563
B-5 74434UL28 6.75000 927,679.28 915,624.67 0.98700563
</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-1 405,953.48 771,760.06 0.00 0.00 0.00 1,177,713.55
A-2 94,252.78 179,184.40 0.00 0.00 0.00 273,437.18
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-8 219,334.32 416,977.51 0.00 0.00 0.00 636,311.83
A-9 132,115.91 251,166.18 0.00 0.00 0.00 383,282.09
A-10 101,795.75 0.00 0.00 0.00 0.00 101,795.75
A-R 0.00 0.00 0.00 0.00 0.00 0.00
AP 15,745.94 38,762.45 0.00 0.00 0.00 54,508.40
M 15,213.54 0.00 0.00 0.00 0.00 15,213.54
B-1 7,608.41 0.00 0.00 0.00 0.00 7,608.41
B-2 2,535.04 0.00 0.00 0.00 0.00 2,535.04
B-3 6,593.74 0.00 0.00 0.00 0.00 6,593.74
B-4 3,040.74 0.00 0.00 0.00 0.00 3,040.74
B-5 2,244.06 0.00 0.00 0.00 802.20 2,244.06
<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-1 500,572.96 0.00 0.00 0.00 0.00
A-2 81,363.05 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-8 171,926.62 0.00 0.00 0.00 0.00
A-9 70,552.02 0.00 0.00 0.00 0.00
A-10 172,681.71 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 25,807.56 0.00 0.00 0.00 0.00
B-1 12,906.57 0.00 0.00 0.00 0.00
B-2 4,300.33 0.00 0.00 0.00 0.00
B-3 11,185.32 0.00 0.00 0.00 0.00
B-4 5,158.17 0.00 0.00 0.00 0.00
B-5 5,167.52 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 87,813,034.21 0.00 500,572.96
A-2 0.00 14,191,105.70 0.00 81,363.05
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 29,928,421.31 0.00 171,926.62
A-9 0.00 12,159,299.31 0.00 70,552.02
A-10 0.00 30,597,174.55 0.00 172,681.71
A-R 0.00 0.00 0.00 0.00
AP 0.00 4,525,880.67 0.00 0.00
M 0.00 4,572,797.09 0.00 25,807.56
B-1 0.00 2,286,892.05 0.00 12,906.57
B-2 0.00 761,968.35 0.00 4,300.33
B-3 0.00 1,981,907.31 0.00 11,185.32
B-4 0.00 913,967.21 0.00 5,158.17
B-5 0.00 915,624.67 0.00 5,167.52
<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 940.11
Servicing Fee Support 940.11
Non-Supported Prepayment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 51,816.50
Master Servicing Fee 5,057.25
Supported Prepayment/Curtailment Interest Shortfall 940.11
Net Servicing Fees 55,933.64
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 12,616.42
Current Period Advances By Servicer 0.00
Reimbursement of Advances 12,616.42
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 274,464.56
Current Period Realized Loss - Includes Interest Shortfall 802.20
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 7.136468%
Weighted Average Pass-Through Rate 6.750000%
Weighted Average Maturity (Stepdown Calculation) 173 Months
Beginning Scheduled Collateral Loan Count 1,057
Number of Loans Paid in Full 5
Ending Scheduled Collateral Loan Count 1,052
Beginning Scheduled Collateral Balance 303,588,158.95
Ending Scheduled Collateral Balance 300,923,072.43
Ending Actual Collateral Balance at 30-Aug-1996 302,581,979.35
Monthly P&I Constant 2,749,646.19
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 0.03323108%
Fraud 6,178,077.00 2.00004140% 6,178,077.00 2.05304198%
Special Hazard 3,089,038.00 1.00002054% 3,089,038.00 1.02652082%
<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% 11,433,156.68 3.79936194%
M 6,950,679.28 2.25015750% 6,860,359.59 2.27977188%
B-1 4,633,679.28 1.50007039% 4,573,467.54 1.51981286%
B-2 3,861,679.28 1.25014927% 3,811,499.19 1.26660251%
B-3 1,853,679.28 0.60009535% 1,829,591.88 0.60799322%
B-4 927,679.28 0.30031949% 915,624.67 0.30427201%
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-Aug-1996
Distribution Date: 25-Sep-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 98,695,110.87 0.98695111
A-2 74434UE59 6.75000 73,250,000.00 71,943,935.17 0.98216976
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 2,722,209.77 0.99289813
M 74434UF41 6.75000 4,855,000.00 4,839,126.74 0.99673053
B-1 74434UF58 6.75000 2,697,000.00 2,688,182.25 0.99673053
B-2 74434UF66 6.75000 1,618,000.00 1,612,710.00 0.99673053
B-3 74434UH64 6.75000 1,834,000.00 1,828,003.80 0.99673053
B-4 74434UH72 6.75000 971,000.00 967,825.35 0.99673054
B-5 74434UH80 6.75000 971,880.05 968,702.53 0.99673054
</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 81,965.42 437,877.38 0.00 0.00 0.00 519,842.80
A-2 82,039.27 438,271.91 0.00 0.00 0.00 520,311.18
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 2,501.32 8,682.73 0.00 0.00 0.00 11,184.05
M 4,001.10 0.00 0.00 0.00 0.00 4,001.10
B-1 2,222.65 0.00 0.00 0.00 0.00 2,222.65
B-2 1,333.43 0.00 0.00 0.00 0.00 1,333.43
B-3 1,511.44 0.00 0.00 0.00 0.00 1,511.44
B-4 800.22 0.00 0.00 0.00 0.00 800.22
B-5 800.95 0.00 0.00 0.00 0.00 800.95
<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-1 558,084.11 0.00 0.00 0.00 0.00
A-2 407,611.39 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 27,242.59 0.00 0.00 0.00 0.00
B-1 15,133.53 0.00 0.00 0.00 0.00
B-2 9,078.99 0.00 0.00 0.00 0.00
B-3 10,291.02 0.00 0.00 0.00 0.00
B-4 5,448.52 0.00 0.00 0.00 0.00
B-5 5,453.46 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 98,695,110.87 0.00 558,084.11
A-2 0.00 71,943,935.17 0.00 407,611.39
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 3.20
AP 0.00 2,722,209.77 0.00 0.00
M 0.00 4,839,126.74 0.00 27,242.59
B-1 0.00 2,688,182.25 0.00 15,133.53
B-2 0.00 1,612,710.00 0.00 9,078.99
B-3 0.00 1,828,003.80 0.00 10,291.02
B-4 0.00 967,825.35 0.00 5,448.52
B-5 0.00 968,702.53 0.00 5,453.46
<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 305.04
Servicing Fee Support 305.04
Non-Supported Prepayment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 35,731.92
Master Servicing Fee 3,569.46
Supported Prepayment/Curtailment Interest Shortfall 305.04
Net Servicing Fees 38,996.34
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 32,517.81
Current Period Advances By Servicer 0.00
Reimbursement of Advances 32,517.81
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 32,165.91
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 7.159549%
Weighted Average Pass-Through Rate 6.750000%
Weighted Average Maturity (Stepdown Calculation) 354 Months
Beginning Scheduled Collateral Loan Count 717
Number of Loans Paid in Full 3
Ending Scheduled Collateral Loan Count 714
Beginning Scheduled Collateral Balance 214,167,914.29
Ending Scheduled Collateral Balance 213,105,906.48
Ending Actual Collateral Balance at 30-Aug-1996 213,817,886.36
Monthly P&I Constant 1,406,471.98
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 0.09819762%
Fraud 4,315,573.22 2.00000000% 4,315,573.22 2.02508381%
Special Hazard 3,965,591.19 1.83780508% 3,965,591.19 1.86085466%
<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% 12,904,550.67 6.05546363%
M 8,091,880.05 3.75008354% 8,065,423.93 3.78470220%
B-1 5,394,880.05 2.50019164% 5,377,241.68 2.52327201%
B-2 3,776,880.05 1.75034919% 3,764,531.68 1.76650743%
B-3 1,942,880.05 0.90040417% 1,936,527.88 0.90871619%
B-4 971,880.05 0.45040601% 968,702.53 0.45456390%
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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