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Previous: FIRST AMERICAN INVESTMENT FUNDS INC, 497, 1996-07-02 |
Next: IDS SHURGARD INCOME GROWTH PARTNERS LP, SC 13E3, 1996-07-02 |
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 : June 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 June 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
June 25,1996 distribution
(EX-99.2) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-2, relating to the
June 25,1996 distribution
(EX-99.3) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-3, relating to the
June 25,1996 distribution
(EX-99.4) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-4, relating to the
June 25,1996 distribution
(EX-99.5) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-5, relating to the
June 25,1996 distribution
(EX-99.6) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-6, relating to the
June 25,1996 distribution
(EX-99.7) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-7, relating to the
June 25,1996 distribution
(EX-99.8) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-8, relating to the
June 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 01, 1996 by /s/ RICHARD POSKA, AS ATTORNEY-IN-FACT
Richard Poska
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
June 25,1996 distribution
(EX-99.2) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-2, relating to the
June 25,1996 distribution
(EX-99.3) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-3, relating to the
June 25,1996 distribution
(EX-99.4) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-4, relating to the
June 25,1996 distribution
(EX-99.5) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-5, relating to the
June 25,1996 distribution
(EX-99.6) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-6, relating to the
June 25,1996 distribution
(EX-99.7) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-7, relating to the
June 25,1996 distribution
(EX-99.8) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-8, relating to the
June 25,1996 distribution
<TABLE>
<CAPTION>
The Prudential Home Mortgage Securities Company, Inc.
Mortgage Pass-Through Certificates
Statements to Certificateholders
Record Date: 31-May-1996
Distribution Date: 25-Jun-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 47,831,516.57 0.93378983
A-2 74434UVD3 6.61000 52,537,000.00 49,058,516.41 0.93378983
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 9,960,900.57 0.99609006
A-R 74434UVJ0 7.00000 1,000.00 0.00 0.00000000
AP 74434UVK7 0.00000 522,201.33 475,316.83 0.91021758
M 74434UVL5 7.00000 4,534,000.00 4,516,272.32 0.99609006
B-1 74434UVM3 7.00000 3,175,000.00 3,162,585.93 0.99609006
B-2 74434UVN1 7.00000 1,360,000.00 1,354,682.48 0.99609006
B-3 74434UVQ4 7.00000 1,451,000.00 1,445,326.67 0.99609006
B-4 74434UVR2 7.00000 816,000.00 812,809.49 0.99609006
B-5 74434UVS0 7.00000 907,741.82 904,192.60 0.99609006
</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 60,181.99 671,712.10 0.00 0.00 0.00 731,894.09
A-2 61,725.81 688,943.22 0.00 0.00 0.00 750,669.03
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 7,931.04 0.00 0.00 0.00 0.00 7,931.04
A-R 0.00 0.00 0.00 0.00 0.00 0.00
AP 460.01 9.19 0.00 0.00 0.00 469.20
M 3,595.93 0.00 0.00 0.00 0.00 3,595.93
B-1 2,518.11 0.00 0.00 0.00 0.00 2,518.11
B-2 1,078.62 0.00 0.00 0.00 0.00 1,078.62
B-3 1,150.79 0.00 0.00 0.00 0.00 1,150.79
B-4 647.17 0.00 0.00 0.00 0.00 647.17
B-5 719.93 0.00 0.00 0.00 0.00 719.93
<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-1 299,474.37 0.00 0.00 0.00 0.00
A-2 274,365.60 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 58,151.52 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 26,365.90 0.00 0.00 0.00 0.00
B-1 18,463.11 0.00 0.00 0.00 0.00
B-2 7,908.61 0.00 0.00 0.00 0.00
B-3 8,437.79 0.00 0.00 0.00 0.00
B-4 4,745.16 0.00 0.00 0.00 0.00
B-5 5,278.66 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 47,831,516.57 0.00 299,474.37
A-2 0.00 49,058,516.41 0.00 274,365.60
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 9,960,900.57 0.00 58,151.52
A-R 0.00 0.00 0.00 0.40
AP 0.00 475,316.83 0.00 0.00
M 0.00 4,516,272.32 0.00 26,365.90
B-1 0.00 3,162,585.93 0.00 18,463.11
B-2 0.00 1,354,682.48 0.00 7,908.61
B-3 0.00 1,445,326.67 0.00 8,437.79
B-4 0.00 812,809.49 0.00 4,745.16
B-5 0.00 904,192.60 0.00 5,278.66
<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 1,035.72
Servicing Fee Support 1,035.72
Non-Supported Prepayment Interest Shortfall 0.00
Gross Servicing Fee 32,386.86
Supported Prepayment Interest Shortfall 1,035.72
Net Servicing Fee 31,351.14
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 0.00
Current Period Advances By Servicer 73,474.69
Reimbursement of Advances 0.00
Ending Cumulative Advances 73,474.69
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 3 915,745.01
60 Days 0 0.00
90+ Days 0 0.00
Foreclosure 0 0.00
REO 0 0.00
Totals 3 915,745.01
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 127,584.97
Current Period Realized Loss - Includes Interest Shortfall 0.00
Cumulative Realized Losses - Includes Interest Shortfall 147.39
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Mixed Fixed Ratio Strip
Weighted Average Gross Coupon 7.641925%
Weighted Average Pass-Through Rate 7.000000%
Weighted Average Maturity (Stepdown Calculation) 348 Months
Beginning Scheduled Collateral Loan Count 628
Number of Loans Paid in Full 5
Ending Scheduled Collateral Loan Count 623
Beginning Scheduled Collateral Balance 175,880,793.80
Ending Scheduled Collateral Balance 174,380,119.88
Ending Actual Collateral Balance at 31-May-1996 175,111,939.24
Monthly P&I Constant 1,196,709.32
</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 0.05734599%
Fraud 3,627,698.91 2.00000003% 3,627,698.91 2.08033973%
Special Hazard 2,031,879.96 1.12020321% 2,031,879.96 1.16520161%
<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% 12,195,869.49 6.99384167%
M 7,709,741.82 4.25048611% 7,679,597.17 4.40394076%
B-1 4,534,741.82 2.50006519% 4,517,011.24 2.59032466%
B-2 3,174,741.82 1.75027859% 3,162,328.76 1.81346862%
B-3 1,723,741.82 0.95032244% 1,717,002.09 0.98463179%
B-4 907,741.82 0.50045048% 904,192.60 0.51851817%
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: 31-May-1996
Distribution Date: 25-Jun-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 9,335,938.36 0.96566752
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 39,747,698.09 0.99723513
A-6 74434UWZ3 7.00000 4,996,513.00 4,830,552.23 0.96678468
A-7 74434UXR0 7.45000 57,959,566.00 56,034,420.21 0.96678468
A-8 74434UXA7 7.25000 44,500,000.00 42,432,023.04 0.95352861
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 57,707,373.51 0.96678468
A-15 74434UXH2 7.40000 60,962,267.00 59,061,063.32 0.96881344
A-16 74434UXJ8 6.85000 9,993,028.00 9,528,638.07 0.95352861
A-17 74434UXK5 8.00000 1,000,000.00 1,000,000.00 1.00000000
A-18 74434UXL3 6.65000 4,996,514.00 4,764,319.04 0.95352861
A-19 74434UXM1 7.45000 9,993,028.00 9,528,638.07 0.95352861
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 377,400.60 375,723.76 0.99555687
B-1 74434UYH1 7.25000 10,639,000.00 10,609,584.55 0.99723513
B-2 74434UYJ7 7.25000 4,255,000.00 4,243,235.48 0.99723513
B-3 74434UYK4 7.25000 3,192,000.00 3,183,174.53 0.99723513
B-4 74434UYL2 7.25000 4,468,000.00 4,455,646.56 0.99723513
B-5 74434UYM0 7.25000 1,915,000.00 1,909,705.27 0.99723513
B-6 74434UYN8 7.25000 2,128,275.14 2,122,390.74 0.99723513
</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 8,593.95 54,139.59 0.00 0.00 0.00 62,733.54
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 27,979.53 0.00 0.00 0.00 0.00 27,979.53
A-6 4,296.97 27,069.79 0.00 0.00 0.00 31,366.76
A-7 49,844.90 314,009.68 0.00 0.00 0.00 363,854.57
A-8 53,543.01 337,306.80 0.00 0.00 0.00 390,849.81
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 51,333.05 323,384.67 0.00 0.00 0.00 374,717.73
A-15 49,225.00 310,104.49 0.00 0.00 0.00 359,329.49
A-16 12,023.75 75,746.43 0.00 0.00 0.00 87,770.18
A-17 0.00 0.00 0.00 0.00 0.00 0.00
A-18 6,011.87 37,873.22 0.00 0.00 0.00 43,885.09
A-19 12,023.75 75,746.43 0.00 0.00 0.00 87,770.18
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 311.36 114.74 0.00 0.00 0.00 426.10
B-1 7,468.39 0.00 0.00 0.00 0.00 7,468.39
B-2 2,986.93 0.00 0.00 0.00 0.00 2,986.93
B-3 2,240.73 0.00 0.00 0.00 0.00 2,240.73
B-4 3,136.46 0.00 0.00 0.00 0.00 3,136.46
B-5 1,344.30 0.00 0.00 0.00 0.00 1,344.30
B-6 1,104.11 0.00 0.00 0.00 389.90 1,104.11
<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 56,783.64 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-5 240,311.39 0.00 0.00 0.00 0.00
A-6 28,361.19 0.00 0.00 0.00 0.00
A-7 350,139.29 0.00 0.00 0.00 0.00
A-8 258,721.52 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-14 341,232.29 0.00 0.00 0.00 0.00
A-15 366,425.76 0.00 0.00 0.00 0.00
A-16 54,893.66 0.00 0.00 0.00 0.00
A-17 6,666.67 0.00 0.00 0.00 0.00
A-18 26,645.46 0.00 0.00 0.00 0.00
A-19 59,701.87 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 64,144.69 0.00 0.00 0.00 0.00
B-2 25,654.26 0.00 0.00 0.00 0.00
B-3 19,245.22 0.00 0.00 0.00 0.00
B-4 26,938.48 0.00 0.00 0.00 0.00
B-5 11,545.92 0.00 0.00 0.00 0.00
B-6 12,831.80 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 9,335,938.36 0.00 56,783.64
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 39,747,698.09 0.00 240,311.39
A-6 0.00 4,830,552.23 0.00 28,361.19
A-7 0.00 56,034,420.21 0.00 350,139.29
A-8 0.00 42,432,023.04 0.00 258,721.52
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 57,707,373.51 0.00 341,232.29
A-15 0.00 59,061,063.32 0.00 366,425.76
A-16 0.00 9,528,638.07 0.00 54,893.66
A-17 0.00 1,000,000.00 0.00 6,666.67
A-18 0.00 4,764,319.04 0.00 26,645.46
A-19 0.00 9,528,638.07 0.00 59,701.87
A-20 0.00 22,251,865.00 0.00 132,305.88
A-R 0.00 0.00 0.00 0.00
AP 0.00 375,723.76 0.00 0.00
B-1 0.00 10,609,584.55 0.00 64,144.69
B-2 0.00 4,243,235.48 0.00 25,654.26
B-3 0.00 3,183,174.53 0.00 19,245.22
B-4 0.00 4,455,646.56 0.00 26,938.48
B-5 0.00 1,909,705.27 0.00 11,545.92
B-6 0.00 2,122,390.74 0.00 12,831.80
<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 1,664.65
Servicing Fee Support 1,664.65
Non-Supported Prepayment Interest Shortfall 0.00
Gross Servicing Fee 80,551.25
Supported Prepayment Interest Shortfall 1,664.65
Net Servicing Fee 78,886.60
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 11,444.41
Current Period Advances By Servicer 333,315.13
Reimbursement of Advances 11,444.41
Ending Cumulative Advances 333,315.13
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 4 770,417.57
60 Days 1 398,593.72
90+ Days 1 498,644.58
Foreclosure 1 185,700.78
REO 0 0.00
Totals 7 1,853,356.65
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 897,097.95
Current Period Realized Loss - Includes Interest Shortfall 389.90
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 8.106809%
Weighted Average Pass-Through Rate 7.250000%
Weighted Average Maturity (Stepdown Calculation) 353 Months
Beginning Scheduled Collateral Loan Count 1,688
Number of Loans Paid in Full 8
Ending Scheduled Collateral Loan Count 1,680
Beginning Scheduled Collateral Balance 417,681,706.62
Ending Scheduled Collateral Balance 415,832,352.82
Ending Actual Collateral Balance at 31-May-1996 416,637,630.28
Monthly P&I Constant 2,897,239.24
</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 0.03680231%
Fraud 8,511,073.51 2.00000000% 8,511,073.51 2.04675597%
Special Hazard 4,256,324.91 1.00018521% 4,256,324.91 1.02356752%
<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% 26,523,737.13 6.37846886%
B-1 15,958,275.14 3.75000289% 15,914,152.58 3.82705974%
B-2 11,703,275.14 2.75012902% 11,670,917.10 2.80663999%
B-3 8,511,275.14 2.00004738% 8,487,742.57 2.04114531%
B-4 4,043,275.14 0.95012107% 4,032,096.01 0.96964461%
B-5 2,128,275.14 0.50011908% 2,122,390.74 0.51039577%
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: 31-May-1996
Distribution Date: 25-Jun-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 4,907,031.88 0.97149711
A-2 74434UXV1 6.75000 27,033,000.00 25,843,636.96 0.95600329
A-3 74434UXW9 6.75000 58,855,000.00 57,285,197.41 0.97332763
A-4 74434UXX7 6.75000 10,915,000.00 10,915,000.00 1.00000000
A-5 74434UXY5 6.75000 18,000,000.00 17,771,423.37 0.98730130
A-R 74434UYD0 6.75000 100.00 0.00 0.00000000
AP 74434UXZ2 0.00000 647,572.74 635,730.09 0.98171225
M 74434UYA6 6.75000 1,249,000.00 1,233,139.32 0.98730130
B-1 74434UYB4 6.75000 1,249,000.00 1,233,139.32 0.98730130
B-2 74434UYC2 6.75000 624,000.00 616,076.01 0.98730130
B-3 74434UYE8 6.75000 562,000.00 554,863.33 0.98730130
B-4 74434UYF5 6.75000 312,000.00 308,038.01 0.98730131
B-5 74434UYG3 6.75000 375,241.61 370,476.53 0.98730130
</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 16,038.59 10,705.48 0.00 0.00 0.00 26,744.06
A-2 132,499.50 88,441.09 0.00 0.00 0.00 220,940.60
A-3 174,881.89 116,730.60 0.00 0.00 0.00 291,612.49
A-4 0.00 0.00 0.00 0.00 0.00 0.00
A-5 57,959.28 0.00 0.00 0.00 0.00 57,959.28
A-R 0.00 0.00 0.00 0.00 0.00 0.00
AP 2,260.68 194.88 0.00 0.00 0.00 2,455.55
M 4,021.73 0.00 0.00 0.00 0.00 4,021.73
B-1 4,021.73 0.00 0.00 0.00 0.00 4,021.73
B-2 2,009.26 0.00 0.00 0.00 0.00 2,009.26
B-3 1,809.62 0.00 0.00 0.00 0.00 1,809.62
B-4 1,004.63 0.00 0.00 0.00 0.00 1,004.63
B-5 1,208.26 0.00 0.00 0.00 0.00 1,208.26
<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 27,752.49 0.00 0.00 0.00 15.93
A-2 146,613.25 0.00 0.00 0.00 84.16
A-3 323,869.56 0.00 0.00 0.00 185.91
A-4 61,396.88 0.00 0.00 0.00 35.24
A-5 100,290.28 0.00 0.00 0.00 57.57
A-R 0.00 0.00 0.00 0.00 0.00
AP 0.00 0.00 0.00 0.00 0.00
M 6,959.03 0.00 0.00 0.00 3.97
B-1 6,959.03 0.00 0.00 0.00 3.97
B-2 3,476.73 0.00 0.00 0.00 1.98
B-3 3,131.29 0.00 0.00 0.00 1.79
B-4 1,738.36 0.00 0.00 0.00 0.99
B-5 2,090.73 0.00 0.00 0.00 1.19
</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 4,907,031.88 0.00 27,736.56
A-2 0.00 25,843,636.96 0.00 146,529.09
A-3 0.00 57,285,197.41 0.00 323,683.64
A-4 0.00 10,915,000.00 0.00 61,361.63
A-5 0.00 17,771,423.37 0.00 100,232.71
A-R 0.00 0.00 0.00 28.03
AP 0.00 635,730.09 0.00 0.00
M 0.00 1,233,139.32 0.00 6,955.06
B-1 0.00 1,233,139.32 0.00 6,955.06
B-2 0.00 616,076.01 0.00 3,474.74
B-3 0.00 554,863.33 0.00 3,129.50
B-4 0.00 308,038.01 0.00 1,737.37
B-5 0.00 370,476.53 0.00 2,089.53
<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 536.42
Servicing Fee Support 143.70
Non-Supported Prepayment Interest Shortfall 392.72
Gross Servicing Fee 22,809.77
Supported Prepayment Interest Shortfall 143.70
Net Servicing Fee 22,666.07
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 0.00
Current Period Advances By Servicer 81,703.54
Reimbursement of Advances 0.00
Ending Cumulative Advances 81,703.54
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 1 321,971.97
60 Days 1 79,536.06
90+ Days 0 0.00
Foreclosure 1 367,500.00
REO 0 0.00
Totals 3 769,008.03
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 189,109.72
Current Period Realized Loss - Includes Interest Shortfall 0.00
Cumulative Realized Losses - Includes Interest Shortfall 2,125.19
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Fixed 15 Year Ratio Strip
Weighted Average Gross Coupon 7.427818%
Weighted Average Pass-Through Rate 6.750000%
Weighted Average Maturity (Stepdown Calculation) 174 Months
Beginning Scheduled Collateral Loan Count 461
Number of Loans Paid in Full 1
Ending Scheduled Collateral Loan Count 460
Beginning Scheduled Collateral Balance 122,287,539.43
Ending Scheduled Collateral Balance 121,673,752.22
Ending Actual Collateral Balance at 31-May-1996 122,075,786.56
Monthly P&I Constant 1,105,227.56
</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 0.08218699%
Fraud 2,497,707.01 2.00019918% 2,497,707.01 2.05279032%
Special Hazard 1,987,480.00 1.59160216% 1,987,480.00 1.63345008%
<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% 4,315,732.52 3.54697085%
M 3,122,241.61 2.50033534% 3,082,593.20 2.53349070%
B-1 1,873,241.61 1.50011844% 1,849,453.88 1.52001056%
B-2 1,249,241.61 1.00041039% 1,233,377.87 1.01367620%
B-3 687,241.61 0.55035282% 678,514.54 0.55765071%
B-4 375,241.61 0.30049880% 370,476.53 0.30448353%
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: 31-May-1996
Distribution Date: 25-Jun-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 134,516,000.00 133,194,406.96 0.99017520
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 9,876,651.23 0.99764154
A-R 74434UYV0 6.50000 1,000.00 0.00 0.00000000
AP 74434UYW8 0.00000 27,206.22 27,103.95 0.99624093
M 74434UYX6 6.50000 4,409,000.00 4,398,601.54 0.99764154
B-1 74434UYY4 6.50000 1,764,000.00 1,759,839.67 0.99764154
B-2 74434UYZ1 6.50000 1,322,000.00 1,318,882.11 0.99764154
B-3 74434UZW7 6.50000 1,500,000.00 1,496,462.31 0.99764154
B-4 74434UZX5 6.50000 793,000.00 791,129.74 0.99764154
B-5 74434UZY3 6.50000 794,392.15 792,518.61 0.99764154
</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-1 122,884.53 268,437.73 0.00 0.00 0.00 391,322.26
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 7,840.22 0.00 0.00 0.00 0.00 7,840.22
A-R 0.00 0.00 0.00 0.00 0.00 0.00
AP 24.53 11.69 0.00 0.00 0.00 36.22
M 3,491.67 0.00 0.00 0.00 0.00 3,491.67
B-1 1,396.98 0.00 0.00 0.00 0.00 1,396.98
B-2 1,046.95 0.00 0.00 0.00 0.00 1,046.95
B-3 1,187.91 0.00 0.00 0.00 0.00 1,187.91
B-4 628.01 0.00 0.00 0.00 0.00 628.01
B-5 426.13 0.00 0.00 0.00 202.98 426.13
<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-1 723,589.37 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 53,541.00 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 23,844.67 0.00 0.00 0.00 0.00
B-1 9,540.03 0.00 0.00 0.00 0.00
B-2 7,149.62 0.00 0.00 0.00 0.00
B-3 8,112.27 0.00 0.00 0.00 0.00
B-4 4,288.69 0.00 0.00 0.00 0.00
B-5 4,296.22 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 0.00 133,194,406.96 0.00 723,589.37
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 9,876,651.23 0.00 53,541.00
A-R 0.00 0.00 0.00 0.00
AP 0.00 27,103.95 0.00 0.00
M 0.00 4,398,601.54 0.00 23,844.67
B-1 0.00 1,759,839.67 0.00 9,540.03
B-2 0.00 1,318,882.11 0.00 7,149.62
B-3 0.00 1,496,462.31 0.00 8,112.27
B-4 0.00 791,129.74 0.00 4,288.69
B-5 0.00 792,518.61 0.00 4,296.22
<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 1.96
Servicing Fee Support 1.96
Non-Supported Prepayment Interest Shortfall 0.00
Gross Servicing Fee 32,374.77
Supported Prepayment Interest Shortfall 1.96
Net Servicing Fee 32,372.81
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 0.00
Current Period Advances By Servicer 77,961.30
Reimbursement of Advances 0.00
Ending Cumulative Advances 77,961.30
</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 120,701.75
Current Period Realized Loss - Includes Interest Shortfall 202.98
Cumulative Realized Losses - Includes Interest Shortfall 748.07
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Fixed 30 Year Ratio Strip
Weighted Average Gross Coupon 7.370474%
Weighted Average Pass-Through Rate 6.500000%
Weighted Average Maturity (Stepdown Calculation) 354 Months
Beginning Scheduled Collateral Loan Count 598
Number of Loans Paid in Full 1
Ending Scheduled Collateral Loan Count 597
Beginning Scheduled Collateral Balance 175,403,175.44
Ending Scheduled Collateral Balance 174,995,596.11
Ending Actual Collateral Balance at 31-May-1996 175,359,703.35
Monthly P&I Constant 1,121,432.98
</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 0.05714430%
Fraud 3,527,342.14 2.00000577% 3,527,342.14 2.01567480%
Special Hazard 1,763,671.07 1.00000288% 1,763,671.07 1.00783740%
<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% 10,557,433.98 6.03297124%
M 6,173,392.15 3.50031820% 6,158,832.44 3.51942139%
B-1 4,409,392.15 2.50012882% 4,398,992.77 2.51377341%
B-2 3,087,392.15 1.75055378% 3,080,110.66 1.76010753%
B-3 1,587,392.15 0.90005260% 1,583,648.35 0.90496469%
B-4 794,392.15 0.45042097% 792,518.61 0.45287917%
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: 31-May-1996
Distribution Date: 25-Jun-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 83,394,199.97 0.98125958
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 12,947,680.67 0.99789062
A-6 74434UZJ6 7.25000 12,975,050.00 12,947,680.67 0.99789062
A-7 74434UZK3 8.00000 22,144,779.00 21,729,776.57 0.98125958
A-8 74434UZL1 7.00000 19,972,347.00 19,598,056.83 0.98125958
A-9 74434UZM9 7.25000 13,103,000.00 13,103,000.00 1.00000000
A-10 74434UZN7 7.05000 47,781,684.00 46,670,186.67 0.97673800
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 909,987.42 907,115.64 0.99684415
M 74434UZT4 7.25000 6,250,000.00 6,236,816.36 0.99789062
B-1 74434UZU1 7.25000 3,472,000.00 3,464,676.23 0.99789062
B-2 74434UZV9 7.25000 2,083,000.00 2,078,606.16 0.99789062
B-3 74434UZZ0 7.25000 2,778,000.00 2,772,140.14 0.99789062
B-4 74434UA20 7.25000 1,389,000.00 1,386,070.07 0.99789062
B-5 74434UA38 7.25000 1,388,926.01 1,385,996.23 0.99789061
</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 74,940.20 141,526.19 0.00 0.00 0.00 216,466.39
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 9,238.73 0.00 0.00 0.00 0.00 9,238.73
A-6 9,238.73 0.00 0.00 0.00 0.00 9,238.73
A-7 19,526.94 36,877.05 0.00 0.00 0.00 56,403.99
A-8 17,611.32 33,259.37 0.00 0.00 0.00 50,870.69
A-9 0.00 0.00 0.00 0.00 0.00 0.00
A-10 52,298.84 98,767.48 0.00 0.00 0.00 151,066.32
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 776.25 143.10 0.00 0.00 0.00 919.34
M 4,450.24 0.00 0.00 0.00 0.00 4,450.24
B-1 2,472.20 0.00 0.00 0.00 0.00 2,472.20
B-2 1,483.17 0.00 0.00 0.00 0.00 1,483.17
B-3 1,978.04 0.00 0.00 0.00 0.00 1,978.04
B-4 989.02 0.00 0.00 0.00 0.00 989.02
B-5 988.97 0.00 0.00 0.00 0.00 988.97
<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-1 505,147.78 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 78,281.39 0.00 0.00 0.00 0.00
A-6 78,281.39 0.00 0.00 0.00 0.00
A-7 145,241.20 0.00 0.00 0.00 0.00
A-8 114,618.74 0.00 0.00 0.00 0.00
A-9 79,163.96 0.00 0.00 0.00 0.00
A-10 275,074.86 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 37,707.65 0.00 0.00 0.00 0.00
B-1 20,947.36 0.00 0.00 0.00 0.00
B-2 12,567.21 0.00 0.00 0.00 0.00
B-3 16,760.30 0.00 0.00 0.00 0.00
B-4 8,380.15 0.00 0.00 0.00 0.00
B-5 8,379.70 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 83,394,199.97 0.00 505,147.78
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 12,947,680.67 0.00 78,281.39
A-6 0.00 12,947,680.67 0.00 78,281.39
A-7 0.00 21,729,776.57 0.00 145,241.20
A-8 0.00 19,598,056.83 0.00 114,618.74
A-9 0.00 13,103,000.00 0.00 79,163.96
A-10 0.00 46,670,186.67 0.00 275,074.86
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 0.00 288.41
AP 0.00 907,115.64 0.00 0.00
M 0.00 6,236,816.36 0.00 37,707.65
B-1 0.00 3,464,676.23 0.00 20,947.36
B-2 0.00 2,078,606.16 0.00 12,567.21
B-3 0.00 2,772,140.14 0.00 16,760.30
B-4 0.00 1,386,070.07 0.00 8,380.15
B-5 0.00 1,385,996.23 0.00 8,379.70
<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 35.58
Servicing Fee Support 35.58
Non-Supported Prepayment Interest Shortfall 0.00
Gross Servicing Fee 53,132.49
Supported Prepayment Interest Shortfall 35.58
Net Servicing Fee 53,096.91
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 0.00
Current Period Advances By Servicer 182,120.57
Reimbursement of Advances 0.00
Ending Cumulative Advances 182,120.57
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 3 892,601.24
60 Days 0 0.00
90+ Days 0 0.00
Foreclosure 0 0.00
REO 0 0.00
Totals 3 892,601.24
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 571,340.46
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 7.985184%
Weighted Average Pass-Through Rate 7.250000%
Weighted Average Maturity (Stepdown Calculation) 354 Months
Beginning Scheduled Collateral Loan Count 1,065
Number of Loans Paid in Full 1
Ending Scheduled Collateral Loan Count 1,064
Beginning Scheduled Collateral Balance 274,690,668.03
Ending Scheduled Collateral Balance 274,184,102.20
Ending Actual Collateral Balance at 31-May-1996 274,612,730.45
Monthly P&I Constant 1,903,458.44
</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 0.03794785%
Fraud 5,556,876.51 2.00051778% 5,556,876.51 2.02669537%
Special Hazard 2,778,438.25 1.00025889% 2,778,438.25 1.01334768%
<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% 17,324,305.19 6.31849369%
M 11,110,926.01 4.00001781% 11,087,488.83 4.04381171%
B-1 7,638,926.01 2.75007142% 7,622,812.60 2.78018037%
B-2 5,555,926.01 2.00017559% 5,544,206.44 2.02207436%
B-3 2,777,926.01 1.00007448% 2,772,066.30 1.01102372%
B-4 1,388,926.01 0.50002392% 1,385,996.23 0.50549839%
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: 31-May-1996
Distribution Date: 25-Jun-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 44,474,117.67 0.98837962
A-2 74434UC51 6.87500 16,760,000.00 16,760,000.00 1.00000000
A-3 74434UC69 7.25000 37,500,000.00 37,115,879.04 0.98975677
A-4 74434UD35 2.79496 70,090,413.28 70,267,195.20 1.00252220
A-5 74434UC77 7.25000 14,793,800.00 14,633,169.16 0.98914202
A-6 74434UC85 7.25000 15,000,000.00 14,977,463.22 0.99849755
A-R 74434UC93 7.25000 100.00 98.91 0.98910000
A-LR 74434UD27 7.25000 100.00 98.91 0.98910000
B-1 74434UD43 7.25000 4,779,000.00 4,771,819.78 0.99849755
B-2 74434UD50 7.25000 3,186,000.00 3,181,213.19 0.99849755
B-3 74434UD68 7.25000 1,062,000.00 1,060,404.40 0.99849755
B-4 74434UD76 7.25000 2,125,000.00 2,121,807.29 0.99849755
B-5 74434UD84 7.25000 1,062,000.00 1,060,404.40 0.99849755
B-6 74434UD92 7.25000 1,062,196.34 1,060,600.44 0.99849755
</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-1 121,619.89 157,446.56 0.00 0.00 0.00 279,066.45
A-2 0.00 0.00 0.00 0.00 0.00 0.00
A-3 66,654.93 86,290.07 0.00 0.00 0.00 152,945.00
A-4 44,495.90 57,676.38 (215,477.15) 0.00 0.00 (113,304.86)
A-5 0.00 0.00 0.00 0.00 0.00 0.00
A-6 11,322.13 0.00 0.00 0.00 0.00 11,322.13
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 3,607.23 0.00 0.00 0.00 0.00 3,607.23
B-2 2,404.82 0.00 0.00 0.00 0.00 2,404.82
B-3 801.61 0.00 0.00 0.00 0.00 801.61
B-4 1,603.97 0.00 0.00 0.00 0.00 1,603.97
B-5 801.61 0.00 0.00 0.00 0.00 801.61
B-6 0.00 0.00 0.00 0.00 801.76 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-1 223,765.92 0.00 0.00 0.00 0.00
A-2 96,020.83 0.00 0.00 0.00 0.00
A-3 225,165.81 0.00 0.00 0.00 0.00
A-4 524,204.61 0.00 0.00 0.00 0.00
A-5 88,408.73 0.00 0.00 0.00 0.00
A-6 90,557.24 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 28,851.54 0.00 0.00 0.00 0.00
B-2 19,234.36 0.00 0.00 0.00 0.00
B-3 6,411.45 0.00 0.00 0.00 0.00
B-4 12,828.94 0.00 0.00 0.00 0.00
B-5 6,411.45 0.00 0.00 0.00 0.00
B-6 6,412.64 0.00 0.00 2,570.16 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 44,474,117.67 0.00 223,765.92
A-2 0.00 16,760,000.00 0.00 96,020.83
A-3 0.00 37,115,879.04 0.00 225,165.81
A-4 0.00 224,999,370.65 0.00 524,204.61
A-5 0.00 14,633,169.16 0.00 88,408.73
A-6 0.00 14,977,463.22 0.00 90,557.24
A-R 0.00 98.91 0.00 0.60
A-LR 0.00 98.91 0.00 0.60
B-1 0.00 4,771,819.78 0.00 28,851.54
B-2 0.00 3,181,213.19 0.00 19,234.36
B-3 0.00 1,060,404.40 0.00 6,411.45
B-4 0.00 2,121,807.29 0.00 12,828.94
B-5 0.00 1,060,404.40 0.00 6,411.45
B-6 2,570.16 1,060,600.44 0.00 3,842.48
<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 8.10
Servicing Fee Support 8.10
Non-Supported Prepayment Interest Shortfall 0.00
Gross Servicing Fee 40,037.90
Supported Prepayment Interest Shortfall 8.10
Net Servicing Fee 40,029.80
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 26,441.85
Current Period Advances By Servicer 146,505.69
Reimbursement of Advances 26,441.85
Ending Cumulative Advances 146,505.69
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 1 214,417.17
60 Days 0 0.00
90+ Days 0 0.00
Foreclosure 0 0.00
REO 0 0.00
Totals 1 214,417.17
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 358,528.09
Current Period Realized Loss - Includes Interest Shortfall 801.76
Cumulative Realized Losses - Includes Interest Shortfall 917.46
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Mixed Fixed
Weighted Average Gross Coupon 7.732537%
Weighted Average Pass-Through Rate 7.250000%
Weighted Average Maturity (Stepdown Calculation) 353 Months
Beginning Scheduled Collateral Loan Count 808
Number of Loans Paid in Full 0
Ending Scheduled Collateral Loan Count 808
Beginning Scheduled Collateral Balance 211,824,321.32
Ending Scheduled Collateral Balance 211,484,271.61
Ending Actual Collateral Balance at 31-May-1996 211,779,195.75
Monthly P&I Constant 1,525,147.49
</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 0.04728484%
Fraud 4,248,352.19 2.00000000% 4,248,352.19 2.00882655%
Special Hazard 2,143,632.20 1.00915936% 2,143,632.20 1.01361306%
<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% 13,256,249.50 6.26819640%
B-1 8,497,196.34 4.00023160% 8,484,429.72 4.01184904%
B-2 5,311,196.34 2.50035595% 5,303,216.53 2.50761746%
B-3 4,249,196.34 2.00039740% 4,242,812.13 2.00620694%
B-4 2,124,196.34 1.00000953% 2,121,004.84 1.00291375%
B-5 1,062,196.34 0.50005098% 1,060,600.44 0.50150322%
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: 31-May-1996
Distribution Date: 25-Jun-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 90,611,152.05 0.99248773
A-2 74434UJ21 6.75000 15,000,000.00 14,840,762.36 0.98938416
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 31,557,636.03 0.98537551
A-9 74434UJ96 6.75000 13,078,000.00 12,952,527.60 0.99040584
A-10 74434UK29 6.75000 31,000,000.00 30,900,468.55 0.99678931
A-R 74434UK37 6.75000 100.00 0.00 0.00000000
AP 74434UK45 0.00000 4,637,677.00 4,619,472.04 0.99607455
M 74434UK52 6.75000 4,633,000.00 4,618,124.86 0.99678931
B-1 74434UK60 6.75000 2,317,000.00 2,309,560.83 0.99678931
B-2 74434UK78 6.75000 772,000.00 769,521.35 0.99678931
B-3 74434UK86 6.75000 2,008,000.00 2,001,552.93 0.99678931
B-4 74434UK94 6.75000 926,000.00 923,026.90 0.99678931
B-5 74434UL28 6.75000 927,679.28 924,700.79 0.99678931
</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-1 400,426.80 285,421.15 0.00 0.00 0.00 685,847.95
A-2 92,969.61 66,268.03 0.00 0.00 0.00 159,237.64
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-8 273,450.53 194,913.44 0.00 0.00 0.00 468,363.97
A-9 73,256.05 52,216.35 0.00 0.00 0.00 125,472.40
A-10 99,531.45 0.00 0.00 0.00 0.00 99,531.45
A-R 58.38 41.62 0.00 0.00 0.00 100.00
AP 15,562.69 2,642.27 0.00 0.00 0.00 18,204.96
M 14,875.14 0.00 0.00 0.00 0.00 14,875.14
B-1 7,439.17 0.00 0.00 0.00 0.00 7,439.17
B-2 2,478.65 0.00 0.00 0.00 0.00 2,478.65
B-3 6,447.07 0.00 0.00 0.00 0.00 6,447.07
B-4 2,973.10 0.00 0.00 0.00 0.00 2,973.10
B-5 2,502.74 0.00 0.00 0.00 475.75 2,502.74
<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-1 513,545.62 0.00 0.00 0.00 0.00
A-2 84,375.00 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-8 180,146.25 0.00 0.00 0.00 0.00
A-9 73,563.75 0.00 0.00 0.00 0.00
A-10 174,375.00 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 26,060.62 0.00 0.00 0.00 0.00
B-1 13,033.12 0.00 0.00 0.00 0.00
B-2 4,342.50 0.00 0.00 0.00 0.00
B-3 11,295.00 0.00 0.00 0.00 0.00
B-4 5,208.75 0.00 0.00 0.00 0.00
B-5 5,218.20 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 90,611,152.05 0.00 513,545.62
A-2 0.00 14,840,762.36 0.00 84,375.00
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 31,557,636.03 0.00 180,146.25
A-9 0.00 12,952,527.60 0.00 73,563.75
A-10 0.00 30,900,468.55 0.00 174,375.00
A-R 0.00 0.00 0.00 0.56
AP 0.00 4,619,472.04 0.00 0.00
M 0.00 4,618,124.86 0.00 26,060.62
B-1 0.00 2,309,560.83 0.00 13,033.12
B-2 0.00 769,521.35 0.00 4,342.50
B-3 0.00 2,001,552.93 0.00 11,295.00
B-4 0.00 923,026.90 0.00 5,208.75
B-5 0.00 924,700.79 0.00 5,218.20
<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 657.16
Servicing Fee Support 657.16
Non-Supported Prepayment Interest Shortfall 0.00
Gross Servicing Fee 57,873.07
Supported Prepayment Interest Shortfall 657.16
Net Servicing Fee 57,215.91
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 0.00
Current Period Advances By Servicer 181,303.52
Reimbursement of Advances 0.00
Ending Cumulative Advances 181,303.52
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 3 784,855.73
60 Days 0 0.00
90+ Days 0 0.00
Foreclosure 0 0.00
REO 0 0.00
Totals 3 784,855.73
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 485,779.32
Current Period Realized Loss - Includes Interest Shortfall 475.75
Cumulative Realized Losses - Includes Interest Shortfall 475.75
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Fixed 15 Year Ratio Strip
Weighted Average Gross Coupon 7.139000%
Weighted Average Pass-Through Rate 6.750000%
Weighted Average Maturity (Stepdown Calculation) 176 Months
Beginning Scheduled Collateral Loan Count 1,063
Number of Loans Paid in Full 1
Ending Scheduled Collateral Loan Count 1,062
Beginning Scheduled Collateral Balance 308,897,456.28
Ending Scheduled Collateral Balance 307,303,506.28
Ending Actual Collateral Balance at 31-May-1996 308,897,456.28
Monthly P&I Constant 2,762,255.67
</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 0.03254112%
Fraud 6,178,077.00 2.00004140% 6,178,077.00 2.01041540%
Special Hazard 3,089,038.00 1.00002054% 3,089,038.00 1.00520753%
<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% 11,546,487.66 3.75735630%
M 6,950,679.28 2.25015750% 6,928,362.80 2.25456679%
B-1 4,633,679.28 1.50007039% 4,618,801.97 1.50300985%
B-2 3,861,679.28 1.25014927% 3,849,280.62 1.25259899%
B-3 1,853,679.28 0.60009535% 1,847,727.69 0.60127127%
B-4 927,679.28 0.30031949% 924,700.79 0.30090799%
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: 31-May-1996
Distribution Date: 25-Jun-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 99,626,947.26 0.99626947
A-2 74434UE59 6.75000 73,250,000.00 72,876,611.14 0.99490254
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 2,738,885.88 0.99898057
M 74434UF41 6.75000 4,855,000.00 4,851,072.85 0.99919111
B-1 74434UF58 6.75000 2,697,000.00 2,694,818.43 0.99919111
B-2 74434UF66 6.75000 1,618,000.00 1,616,691.22 0.99919111
B-3 74434UH64 6.75000 1,834,000.00 1,832,516.50 0.99919111
B-4 74434UH72 6.75000 971,000.00 970,214.57 0.99919111
B-5 74434UH80 6.75000 971,880.05 971,093.92 0.99919112
</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 80,888.68 292,164.06 0.00 0.00 0.00 373,052.74
A-2 80,961.56 292,427.30 0.00 0.00 0.00 373,388.86
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 2,463.48 331.47 0.00 0.00 0.00 2,794.94
M 3,927.15 0.00 0.00 0.00 0.00 3,927.15
B-1 2,181.57 0.00 0.00 0.00 0.00 2,181.57
B-2 1,308.78 0.00 0.00 0.00 0.00 1,308.78
B-3 1,483.50 0.00 0.00 0.00 0.00 1,483.50
B-4 785.43 0.00 0.00 0.00 0.00 785.43
B-5 747.94 0.00 0.00 0.00 38.19 747.94
<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-1 562,500.00 0.00 0.00 0.00 0.00
A-2 412,031.25 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 27,309.38 0.00 0.00 0.00 0.00
B-1 15,170.62 0.00 0.00 0.00 0.00
B-2 9,101.25 0.00 0.00 0.00 0.00
B-3 10,316.25 0.00 0.00 0.00 0.00
B-4 5,461.88 0.00 0.00 0.00 0.00
B-5 5,466.83 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 99,626,947.26 0.00 562,500.00
A-2 0.00 72,876,611.14 0.00 412,031.25
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 2,738,885.88 0.00 0.00
M 0.00 4,851,072.85 0.00 27,309.38
B-1 0.00 2,694,818.43 0.00 15,170.62
B-2 0.00 1,616,691.22 0.00 9,101.25
B-3 0.00 1,832,516.50 0.00 10,316.25
B-4 0.00 970,214.57 0.00 5,461.88
B-5 0.00 971,093.92 0.00 5,466.83
<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 1,868.87
Servicing Fee Support 1,868.87
Non-Supported Prepayment Interest Shortfall 0.00
Gross Servicing Fee 39,595.49
Supported Prepayment Interest Shortfall 1,868.87
Net Servicing Fee 37,726.62
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 0.00
Current Period Advances By Servicer 38,911.17
Reimbursement of Advances 0.00
Ending Cumulative Advances 38,911.17
</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 77,570.69
Current Period Realized Loss - Includes Interest Shortfall 38.19
Cumulative Realized Losses - Includes Interest Shortfall 38.19
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Fixed 30 Year Ratio Strip
Weighted Average Gross Coupon 7.159603%
Weighted Average Pass-Through Rate 6.750000%
Weighted Average Maturity (Stepdown Calculation) 357 Months
Beginning Scheduled Collateral Loan Count 720
Number of Loans Paid in Full 1
Ending Scheduled Collateral Loan Count 719
Beginning Scheduled Collateral Balance 215,778,660.87
Ending Scheduled Collateral Balance 215,018,951.78
Ending Actual Collateral Balance at 31-May-1996 215,778,660.87
Monthly P&I Constant 1,413,119.23
</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 0.09732394%
Fraud 4,315,573.22 2.00000000% 4,315,573.22 2.00706644%
Special Hazard 3,965,591.19 1.83780508% 3,965,591.19 1.84429845%
<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% 12,936,407.49 6.01640338%
M 8,091,880.05 3.75008354% 8,085,334.64 3.76028930%
B-1 5,394,880.05 2.50019164% 5,390,516.21 2.50699586%
B-2 3,776,880.05 1.75034919% 3,773,824.99 1.75511273%
B-3 1,942,880.05 0.90040417% 1,941,308.49 0.90285460%
B-4 971,880.05 0.45040601% 971,093.92 0.45163178%
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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