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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 : November 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) 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 November 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
November 25,1996 distribution
(EX-99.2) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-2, relating to the
November 25,1996 distribution
(EX-99.3) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-3, relating to the
November 25,1996 distribution
(EX-99.4) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-4, relating to the
November 25,1996 distribution
(EX-99.5) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-5, relating to the
November 25,1996 distribution
(EX-99.6) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-6, relating to the
November 25,1996 distribution
(EX-99.7) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-7, relating to the
November 25,1996 distribution
(EX-99.8) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-8, relating to the
November 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.
December 3, 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
November 25,1996 distribution
(EX-99.2) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-2, relating to the
November 25,1996 distribution
(EX-99.3) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-3, relating to the
November 25,1996 distribution
(EX-99.4) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-4, relating to the
November 25,1996 distribution
(EX-99.5) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-5, relating to the
November 25,1996 distribution
(EX-99.6) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-6, relating to the
November 25,1996 distribution
(EX-99.7) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-7, relating to the
November 25,1996 distribution
(EX-99.8) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-8, relating to the
November 25,1996 distribution
<TABLE>
<CAPTION>
The Prudential Home Mortgage Securities Company, Inc.
Mortgage Pass-Through Certificates
Statements to Certificateholders
Record Date: 31-Oct-1996
Distribution Date: 25-Nov-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 44,747,007.12 0.87357256
A-2 74434UVD3 6.61000 52,537,000.00 45,894,881.46 0.87357256
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 9,920,358.31 0.99203583
A-R 74434UVJ0 7.00000 1,000.00 0.00 0.00000000
AP 74434UVK7 0.00000 522,201.33 469,915.50 0.89987419
M 74434UVL5 7.00000 4,534,000.00 4,497,890.46 0.99203583
B-1 74434UVM3 7.00000 3,175,000.00 3,149,713.76 0.99203583
B-2 74434UVN1 7.00000 1,360,000.00 1,349,168.73 0.99203583
B-3 74434UVQ4 7.00000 1,451,000.00 1,439,443.99 0.99203583
B-4 74434UVR2 7.00000 816,000.00 809,501.24 0.99203583
B-5 74434UVS0 7.00000 907,741.82 900,512.41 0.99203583
</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 59,950.05 462,386.08 0.00 0.00 0.00 522,336.13
A-2 61,487.92 474,247.46 0.00 0.00 0.00 535,735.38
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 8,226.83 0.00 0.00 0.00 0.00 8,226.83
A-R 0.00 0.00 0.00 0.00 0.00 0.00
AP 471.41 2,908.31 0.00 0.00 0.00 3,379.72
M 3,730.04 0.00 0.00 0.00 0.00 3,730.04
B-1 2,612.02 0.00 0.00 0.00 0.00 2,612.02
B-2 1,118.85 0.00 0.00 0.00 0.00 1,118.85
B-3 1,193.71 0.00 0.00 0.00 0.00 1,193.71
B-4 671.31 0.00 0.00 0.00 0.00 671.31
B-5 746.04 0.00 0.00 0.00 0.74 746.04
<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-1 279,160.95 0.00 0.00 0.00 0.00
A-2 255,755.31 0.00 0.00 0.00 0.00
A-3 177,479.17 0.00 0.00 0.00 0.00
A-4 113,359.17 0.00 0.00 0.00 0.00
A-5 29,166.67 0.00 0.00 0.00 0.00
A-6 57,916.75 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 26,259.45 0.00 0.00 0.00 0.00
B-1 18,388.57 0.00 0.00 0.00 0.00
B-2 7,876.68 0.00 0.00 0.00 0.00
B-3 8,403.72 0.00 0.00 0.00 0.00
B-4 4,726.01 0.00 0.00 0.00 0.00
B-5 5,257.35 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 44,747,007.12 0.00 279,160.95
A-2 0.00 45,894,881.46 0.00 255,755.31
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 9,920,358.31 0.00 57,916.75
A-R 0.00 0.00 0.00 0.00
AP 0.00 469,915.50 0.00 0.00
M 0.00 4,497,890.46 0.00 26,259.45
B-1 0.00 3,149,713.76 0.00 18,388.57
B-2 0.00 1,349,168.73 0.00 7,876.68
B-3 0.00 1,439,443.99 0.00 8,403.72
B-4 0.00 809,501.24 0.00 4,726.01
B-5 0.00 900,512.41 0.00 5,257.35
<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 711.25
Servicing Fee Support 711.25
Non-Supported Prepayment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 28,327.50
Master Servicing Fee 2,818.60
Supported Prepayment/Curtailment Interest Shortfall 711.25
Net Servicing Fees 30,434.85
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 20,500.17
Current Period Advances By Servicer 188,919.02
Reimbursement of Advances 20,500.17
Ending Cumulative Advances 188,919.02
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 1 312,590.65
60 Days 0 0.00
90+ Days 0 0.00
Foreclosure 1 262,436.36
REO 0 0.00
Totals 2 575,027.01
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 220,749.11
Current Period Realized Loss - Includes Interest Shortfall 0.74
Cumulative Realized Losses - Includes Interest Shortfall 171.87
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Mixed Fixed Ratio Strip
Weighted Average Gross Coupon 7.638668%
Weighted Average Pass-Through Rate 7.000000%
Weighted Average Maturity (Stepdown Calculation) 343 Months
Beginning Scheduled Collateral Loan Count 609
Number of Loans Paid in Full 4
Ending Scheduled Collateral Loan Count 605
Beginning Scheduled Collateral Balance 169,116,143.73
Ending Scheduled Collateral Balance 168,036,392.96
Ending Actual Collateral Balance at 31-Oct-1996 168,842,806.76
Monthly P&I Constant 1,155,870.39
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 0.05951092%
Fraud 3,627,698.91 2.00000003% 3,627,698.91 2.15887692%
Special Hazard 2,031,879.96 1.12020321% 2,031,879.96 1.20919042%
<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% 12,146,230.59 7.22833332%
M 7,709,741.82 4.25048611% 7,648,340.13 4.55159742%
B-1 4,534,741.82 2.50006519% 4,498,626.37 2.67717385%
B-2 3,174,741.82 1.75027859% 3,149,457.64 1.87427115%
B-3 1,723,741.82 0.95032244% 1,710,013.65 1.01764482%
B-4 907,741.82 0.50045048% 900,512.41 0.53590320%
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-Oct-1996
Distribution Date: 25-Nov-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 8,945,871.05 0.92532071
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 39,603,157.06 0.99360872
A-6 74434UWZ3 7.00000 4,996,513.00 4,635,518.63 0.92775074
A-7 74434UXR0 7.45000 57,959,566.00 53,772,029.51 0.92775073
A-8 74434UXA7 7.25000 44,500,000.00 40,001,780.16 0.89891641
A-9 74434UXB5 7.25000 5,250,000.00 5,250,000.00 1.00000000
A-10 74434UXC3 7.25000 5,000,000.00 5,000,000.00 1.00000000
A-11 74434UXD1 7.00000 5,325,000.00 5,325,000.00 1.00000000
A-12 74434UXE9 8.00000 1,775,000.00 1,775,000.00 1.00000000
A-13 74434UXF6 7.00000 3,000,000.00 3,000,000.00 1.00000000
A-14 74434UXG4 7.05000 59,689,996.00 55,377,437.40 0.92775073
A-15 74434UXH2 7.40000 60,962,267.00 56,826,808.87 0.93216364
A-16 74434UXJ8 6.85000 9,993,028.00 8,982,896.83 0.89891641
A-17 74434UXK5 8.00000 1,000,000.00 1,000,000.00 1.00000000
A-18 74434UXL3 6.65000 4,996,514.00 4,491,448.42 0.89891641
A-19 74434UXM1 7.45000 9,993,028.00 8,982,896.83 0.89891641
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 377,400.60 373,163.76 0.98877363
B-1 74434UYH1 7.25000 10,639,000.00 10,571,003.19 0.99360872
B-2 74434UYJ7 7.25000 4,255,000.00 4,227,805.11 0.99360872
B-3 74434UYK4 7.25000 3,192,000.00 3,171,599.04 0.99360872
B-4 74434UYL2 7.25000 4,468,000.00 4,439,443.77 0.99360872
B-5 74434UYM0 7.25000 1,915,000.00 1,902,760.70 0.99360872
B-6 74434UYN8 7.25000 2,128,275.14 2,114,672.74 0.99360872
</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 8,834.16 76,917.95 0.00 0.00 0.00 85,752.11
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 29,545.90 0.00 0.00 0.00 0.00 29,545.90
A-6 4,417.08 38,458.96 0.00 0.00 0.00 42,876.04
A-7 51,238.15 446,124.17 0.00 0.00 0.00 497,362.32
A-8 55,039.63 479,223.19 0.00 0.00 0.00 534,262.82
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 52,767.90 459,443.55 0.00 0.00 0.00 512,211.45
A-15 50,600.93 440,575.94 0.00 0.00 0.00 491,176.86
A-16 12,359.83 107,615.52 0.00 0.00 0.00 119,975.35
A-17 0.00 0.00 0.00 0.00 0.00 0.00
A-18 6,179.92 53,807.76 0.00 0.00 0.00 59,987.68
A-19 12,359.83 107,615.52 0.00 0.00 0.00 119,975.35
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 322.36 46.19 0.00 0.00 0.00 368.55
B-1 7,886.49 0.00 0.00 0.00 0.00 7,886.49
B-2 3,154.15 0.00 0.00 0.00 0.00 3,154.15
B-3 2,366.17 0.00 0.00 0.00 0.00 2,366.17
B-4 3,312.04 0.00 0.00 0.00 0.00 3,312.04
B-5 1,419.55 0.00 0.00 0.00 0.00 1,419.55
B-6 1,577.65 0.00 0.00 0.00 0.00 1,577.65
<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 54,566.06 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-5 239,447.58 0.00 0.00 0.00 0.00
A-6 27,290.64 0.00 0.00 0.00 0.00
A-7 336,922.47 0.00 0.00 0.00 0.00
A-8 244,905.26 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-14 328,351.69 0.00 0.00 0.00 0.00
A-15 353,460.91 0.00 0.00 0.00 0.00
A-16 51,962.23 0.00 0.00 0.00 0.00
A-17 6,666.67 0.00 0.00 0.00 0.00
A-18 25,222.54 0.00 0.00 0.00 0.00
A-19 56,513.66 0.00 0.00 0.00 0.00
A-20 132,305.88 0.00 0.00 0.00 0.00
A-R 0.00 0.00 0.00 0.00 0.00
AP 0.00 0.00 0.00 0.00 0.00
B-1 63,914.13 0.00 0.00 0.00 0.00
B-2 25,562.05 0.00 0.00 0.00 0.00
B-3 19,176.04 0.00 0.00 0.00 0.00
B-4 26,841.65 0.00 0.00 0.00 0.00
B-5 11,504.42 0.00 0.00 0.00 0.00
B-6 12,785.68 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 8,945,871.05 0.00 54,566.06
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 39,603,157.06 0.00 239,447.58
A-6 0.00 4,635,518.63 0.00 27,290.64
A-7 0.00 53,772,029.51 0.00 336,922.47
A-8 0.00 40,001,780.16 0.00 244,905.26
A-9 0.00 5,250,000.00 0.00 31,718.75
A-10 0.00 5,000,000.00 0.00 30,208.33
A-11 0.00 5,325,000.00 0.00 31,062.50
A-12 0.00 1,775,000.00 0.00 11,833.33
A-13 0.00 3,000,000.00 0.00 17,500.00
A-14 0.00 55,377,437.40 0.00 328,351.69
A-15 0.00 56,826,808.87 0.00 353,460.91
A-16 0.00 8,982,896.83 0.00 51,962.23
A-17 0.00 1,000,000.00 0.00 6,666.67
A-18 0.00 4,491,448.42 0.00 25,222.54
A-19 0.00 8,982,896.83 0.00 56,513.66
A-20 0.00 22,251,865.00 0.00 132,305.88
A-R 0.00 0.00 0.00 29.32
AP 0.00 373,163.76 0.00 0.00
B-1 0.00 10,571,003.19 0.00 63,914.13
B-2 0.00 4,227,805.11 0.00 25,562.05
B-3 0.00 3,171,599.04 0.00 19,176.04
B-4 0.00 4,439,443.77 0.00 26,841.65
B-5 0.00 1,902,760.70 0.00 11,504.42
B-6 0.00 2,114,672.74 0.00 12,785.68
<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 1,309.48
Servicing Fee Support 1,309.48
Non-Supported Prepayment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 71,702.66
Master Servicing Fee 6,781.57
Supported Prepayment/Curtailment Interest Shortfall 1,309.48
Net Servicing Fees 77,174.76
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 76,567.74
Current Period Advances By Servicer 508,662.75
Reimbursement of Advances 76,567.74
Ending Cumulative Advances 508,662.75
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 9 1,660,799.23
60 Days 0 0.00
90+ Days 0 0.00
Foreclosure 4 1,046,158.36
REO 0 0.00
Totals 13 2,706,957.59
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 1,104,288.99
Current Period Realized Loss - Includes Interest Shortfall 0.00
Cumulative Realized Losses - Includes Interest Shortfall 1,361.58
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Mixed Fixed Ratio Strip
Weighted Average Gross Coupon 8.099889%
Weighted Average Pass-Through Rate 7.250000%
Weighted Average Maturity (Stepdown Calculation) 348 Months
Beginning Scheduled Collateral Loan Count 1,651
Number of Loans Paid in Full 8
Ending Scheduled Collateral Loan Count 1,643
Beginning Scheduled Collateral Balance 406,895,731.54
Ending Scheduled Collateral Balance 404,382,521.06
Ending Actual Collateral Balance at 31-Oct-1996 405,884,013.94
Monthly P&I Constant 2,839,380.25
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 0.03784434%
Fraud 8,511,073.51 2.00000000% 8,511,073.51 2.10470855%
Special Hazard 4,256,324.91 1.00018521% 4,256,324.91 1.05254918%
<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% 26,427,284.55 6.53521930%
B-1 15,958,275.14 3.75000289% 15,856,281.36 3.92110948%
B-2 11,703,275.14 2.75012902% 11,628,476.25 2.87561298%
B-3 8,511,275.14 2.00004738% 8,456,877.21 2.09130632%
B-4 4,043,275.14 0.95012107% 4,017,433.44 0.99347356%
B-5 2,128,275.14 0.50011908% 2,114,672.74 0.52293871%
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: 31-Oct-1996
Distribution Date: 25-Nov-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 4,678,144.25 0.92618180
A-2 74434UXV1 6.75000 27,033,000.00 23,952,728.78 0.88605515
A-3 74434UXW9 6.75000 58,855,000.00 54,789,447.63 0.93092257
A-4 74434UXX7 6.75000 10,915,000.00 10,915,000.00 1.00000000
A-5 74434UXY5 6.75000 18,000,000.00 17,474,446.49 0.97080258
A-R 74434UYD0 6.75000 100.00 0.00 0.00000000
AP 74434UXZ2 0.00000 647,572.74 618,099.22 0.95448616
M 74434UYA6 6.75000 1,249,000.00 1,212,532.43 0.97080259
B-1 74434UYB4 6.75000 1,249,000.00 1,212,532.43 0.97080259
B-2 74434UYC2 6.75000 624,000.00 605,780.81 0.97080258
B-3 74434UYE8 6.75000 562,000.00 545,591.05 0.97080258
B-4 74434UYF5 6.75000 312,000.00 302,890.41 0.97080260
B-5 74434UYG3 6.75000 375,241.61 364,285.52 0.97080257
</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 16,368.33 48,257.88 0.00 0.00 0.00 64,626.21
A-2 135,223.60 398,672.59 0.00 0.00 0.00 533,896.19
A-3 178,477.35 526,195.32 0.00 0.00 0.00 704,672.66
A-4 0.00 0.00 0.00 0.00 0.00 0.00
A-5 60,516.96 0.00 0.00 0.00 0.00 60,516.96
A-R 0.00 0.00 0.00 0.00 0.00 0.00
AP 2,314.70 5,001.42 0.00 0.00 0.00 7,316.12
M 4,199.20 0.00 0.00 0.00 0.00 4,199.20
B-1 4,199.20 0.00 0.00 0.00 0.00 4,199.20
B-2 2,097.92 0.00 0.00 0.00 0.00 2,097.92
B-3 1,889.47 0.00 0.00 0.00 0.00 1,889.47
B-4 1,048.96 0.00 0.00 0.00 0.00 1,048.96
B-5 1,227.15 0.00 0.00 0.00 34.43 1,227.15
<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 26,678.08 0.00 0.00 0.00 0.00
A-2 137,737.27 0.00 0.00 0.00 0.00
A-3 312,154.43 0.00 0.00 0.00 0.00
A-4 61,396.88 0.00 0.00 0.00 0.00
A-5 98,634.17 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 6,844.12 0.00 0.00 0.00 0.00
B-1 6,844.12 0.00 0.00 0.00 0.00
B-2 3,419.32 0.00 0.00 0.00 0.00
B-3 3,079.58 0.00 0.00 0.00 0.00
B-4 1,709.66 0.00 0.00 0.00 0.00
B-5 2,056.20 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 4,678,144.25 0.00 26,678.08
A-2 0.00 23,952,728.78 0.00 137,737.27
A-3 0.00 54,789,447.63 0.00 312,154.43
A-4 0.00 10,915,000.00 0.00 61,396.88
A-5 0.00 17,474,446.49 0.00 98,634.17
A-R 0.00 0.00 0.00 0.00
AP 0.00 618,099.22 0.00 0.00
M 0.00 1,212,532.43 0.00 6,844.12
B-1 0.00 1,212,532.43 0.00 6,844.12
B-2 0.00 605,780.81 0.00 3,419.32
B-3 0.00 545,591.05 0.00 3,079.58
B-4 0.00 302,890.41 0.00 1,709.66
B-5 0.00 364,285.52 0.00 2,056.20
<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
<S> <C>
Total Prepayment Interest Shortfall 253.88
Servicing Fee Support 253.88
Non-Supported Prepayment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 20,042.19
Master Servicing Fee 1,967.48
Supported Prepayment/Curtailment Interest Shortfall 253.88
Net Servicing Fees 21,755.78
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 32,760.95
Current Period Advances By Servicer 183,586.77
Reimbursement of Advances 32,760.95
Ending Cumulative Advances 183,586.77
</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 245,839.00
Current Period Realized Loss - Includes Interest Shortfall 34.43
Cumulative Realized Losses - Includes Interest Shortfall 2,430.02
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Fixed 15 Year Ratio Strip
Weighted Average Gross Coupon 7.422967%
Weighted Average Pass-Through Rate 6.750000%
Weighted Average Maturity (Stepdown Calculation) 169 Months
Beginning Scheduled Collateral Loan Count 456
Number of Loans Paid in Full 3
Ending Scheduled Collateral Loan Count 453
Beginning Scheduled Collateral Balance 118,057,203.51
Ending Scheduled Collateral Balance 116,671,479.01
Ending Actual Collateral Balance at 31-Oct-1996 117,588,028.08
Monthly P&I Constant 1,093,181.45
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 0.08571075%
Fraud 2,497,707.01 2.00019918% 2,497,707.01 2.14080342%
Special Hazard 1,987,480.00 1.59160216% 1,987,480.00 1.70348402%
<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% 4,243,612.65 3.63723224%
M 3,122,241.61 2.50033534% 3,031,080.22 2.59796160%
B-1 1,873,241.61 1.50011844% 1,818,547.79 1.55869095%
B-2 1,249,241.61 1.00041039% 1,212,766.98 1.03947168%
B-3 687,241.61 0.55035282% 667,175.93 0.57184150%
B-4 375,241.61 0.30049880% 364,285.52 0.31223185%
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-Oct-1996
Distribution Date: 25-Nov-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 134,516,000.00 129,910,492.17 0.96576238
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 9,836,672.58 0.99360329
A-R 74434UYV0 6.50000 1,000.00 0.00 0.00000000
AP 74434UYW8 0.00000 27,206.22 26,959.84 0.99094398
M 74434UYX6 6.50000 4,409,000.00 4,380,796.91 0.99360329
B-1 74434UYY4 6.50000 1,764,000.00 1,752,716.21 0.99360329
B-2 74434UYZ1 6.50000 1,322,000.00 1,313,543.55 0.99360329
B-3 74434UZW7 6.50000 1,500,000.00 1,490,404.94 0.99360329
B-4 74434UZX5 6.50000 793,000.00 787,927.41 0.99360329
B-5 74434UZY3 6.50000 794,392.15 789,310.65 0.99360329
</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-1 125,073.61 220,251.77 0.00 0.00 0.00 345,325.38
A-2 0.00 0.00 0.00 0.00 0.00 0.00
A-3 0.00 0.00 0.00 0.00 0.00 0.00
A-4 0.00 0.00 0.00 0.00 0.00 0.00
A-5 8,122.41 0.00 0.00 0.00 0.00 8,122.41
A-R 0.00 0.00 0.00 0.00 0.00 0.00
AP 25.38 4.38 0.00 0.00 0.00 29.76
M 3,617.35 0.00 0.00 0.00 0.00 3,617.35
B-1 1,447.27 0.00 0.00 0.00 0.00 1,447.27
B-2 1,084.63 0.00 0.00 0.00 0.00 1,084.63
B-3 1,230.67 0.00 0.00 0.00 0.00 1,230.67
B-4 650.61 0.00 0.00 0.00 0.00 650.61
B-5 436.23 0.00 0.00 0.00 215.53 436.23
<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-1 705,552.35 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 53,325.97 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 23,748.91 0.00 0.00 0.00 0.00
B-1 9,501.72 0.00 0.00 0.00 0.00
B-2 7,120.90 0.00 0.00 0.00 0.00
B-3 8,079.69 0.00 0.00 0.00 0.00
B-4 4,271.46 0.00 0.00 0.00 0.00
B-5 4,278.96 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 0.00 129,910,492.17 0.00 705,552.35
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 9,836,672.58 0.00 53,325.97
A-R 0.00 0.00 0.00 0.00
AP 0.00 26,959.84 0.00 0.00
M 0.00 4,380,796.91 0.00 23,748.91
B-1 0.00 1,752,716.21 0.00 9,501.72
B-2 0.00 1,313,543.55 0.00 7,120.90
B-3 0.00 1,490,404.94 0.00 8,079.69
B-4 0.00 787,927.41 0.00 4,271.46
B-5 0.00 789,310.65 0.00 4,278.96
<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 1.69
Servicing Fee Support 1.69
Non-Supported Prepayment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 28,881.56
Master Servicing Fee 2,866.52
Supported Prepayment/Curtailment Interest Shortfall 1.69
Net Servicing Fees 31,746.39
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 0.00
Current Period Advances By Servicer 180,572.33
Reimbursement of Advances 0.00
Ending Cumulative Advances 180,572.33
</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 224,332.31
Current Period Realized Loss - Includes Interest Shortfall 215.53
Cumulative Realized Losses - Includes Interest Shortfall 1,829.37
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Fixed 30 Year Ratio Strip
Weighted Average Gross Coupon 7.369706%
Weighted Average Pass-Through Rate 6.500000%
Weighted Average Maturity (Stepdown Calculation) 349 Months
Beginning Scheduled Collateral Loan Count 589
Number of Loans Paid in Full 1
Ending Scheduled Collateral Loan Count 588
Beginning Scheduled Collateral Balance 171,990,984.10
Ending Scheduled Collateral Balance 171,628,824.26
Ending Actual Collateral Balance at 31-Oct-1996 171,960,654.02
Monthly P&I Constant 1,105,080.52
Class AP Deferred Amount 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CREDIT ENHANCEMENT
Loss Description Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
Bankruptcy 100,000.00 0.05670008% 100,000.00 0.05826527%
Fraud 3,527,342.14 2.00000577% 3,527,342.14 2.05521547%
Special Hazard 1,763,671.07 1.00000288% 1,763,671.07 1.02760773%
<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% 10,514,699.67 6.12641828%
M 6,173,392.15 3.50031820% 6,133,902.76 3.57393508%
B-1 4,409,392.15 2.50012882% 4,381,186.55 2.55271023%
B-2 3,087,392.15 1.75055378% 3,067,643.00 1.78737051%
B-3 1,587,392.15 0.90005260% 1,577,238.06 0.91898203%
B-4 794,392.15 0.45042097% 789,310.65 0.45989399%
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: 31-Oct-1996
Distribution Date: 25-Nov-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 81,559,165.73 0.95966761
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 12,900,120.84 0.99422514
A-6 74434UZJ6 7.25000 12,975,050.00 12,900,120.84 0.99422514
A-7 74434UZK3 8.00000 22,144,779.00 21,251,627.24 0.95966761
A-8 74434UZL1 7.00000 19,972,347.00 19,166,814.56 0.95966761
A-9 74434UZM9 7.25000 13,103,000.00 13,103,000.00 1.00000000
A-10 74434UZN7 7.05000 47,781,684.00 45,389,563.55 0.94993646
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 909,987.42 892,400.10 0.98067301
M 74434UZT4 7.25000 6,250,000.00 6,213,907.09 0.99422513
B-1 74434UZU1 7.25000 3,472,000.00 3,451,949.67 0.99422514
B-2 74434UZV9 7.25000 2,083,000.00 2,070,970.96 0.99422514
B-3 74434UZZ0 7.25000 2,778,000.00 2,761,957.43 0.99422514
B-4 74434UA20 7.25000 1,389,000.00 1,380,978.71 0.99422513
B-5 74434UA38 7.25000 1,388,926.01 1,380,905.15 0.99422514
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PRINCIPAL DISTRIBUTION
Scheduled Unscheduled
Principal Principal Deferred Realized Principal
Class Distribution Distribution Accretion Interest Loss (1) Distribution
<S> <C> <C> <C> <C> <C> <C>
A-1 77,691.37 402,475.84 0.00 0.00 0.00 480,167.21
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 9,687.91 0.00 0.00 0.00 0.00 9,687.91
A-6 9,687.91 0.00 0.00 0.00 0.00 9,687.91
A-7 20,243.81 104,871.91 0.00 0.00 0.00 125,115.72
A-8 18,257.86 94,583.85 0.00 0.00 0.00 112,841.71
A-9 0.00 0.00 0.00 0.00 0.00 0.00
A-10 54,218.81 280,877.52 0.00 0.00 0.00 335,096.33
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 796.02 155.36 0.00 0.00 0.00 951.38
M 4,666.61 0.00 0.00 0.00 0.00 4,666.61
B-1 2,592.39 0.00 0.00 0.00 0.00 2,592.39
B-2 1,555.29 0.00 0.00 0.00 0.00 1,555.29
B-3 2,074.21 0.00 0.00 0.00 0.00 2,074.21
B-4 1,037.11 0.00 0.00 0.00 0.00 1,037.11
B-5 1,037.05 0.00 0.00 0.00 0.00 1,037.05
<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-1 495,654.30 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 77,996.76 0.00 0.00 0.00 0.00
A-6 77,996.76 0.00 0.00 0.00 0.00
A-7 142,511.62 0.00 0.00 0.00 0.00
A-8 112,464.66 0.00 0.00 0.00 0.00
A-9 79,163.96 0.00 0.00 0.00 0.00
A-10 268,632.38 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 37,570.55 0.00 0.00 0.00 0.00
B-1 20,871.19 0.00 0.00 0.00 0.00
B-2 12,521.51 0.00 0.00 0.00 0.00
B-3 16,699.36 0.00 0.00 0.00 0.00
B-4 8,349.68 0.00 0.00 0.00 0.00
B-5 8,349.23 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 81,559,165.73 0.00 495,654.30
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 12,900,120.84 0.00 77,996.76
A-6 0.00 12,900,120.84 0.00 77,996.76
A-7 0.00 21,251,627.24 0.00 142,511.62
A-8 0.00 19,166,814.56 0.00 112,464.66
A-9 0.00 13,103,000.00 0.00 79,163.96
A-10 0.00 45,389,563.55 0.00 268,632.38
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 0.00 229.95
AP 0.00 892,400.10 0.00 0.00
M 0.00 6,213,907.09 0.00 37,570.55
B-1 0.00 3,451,949.67 0.00 20,871.19
B-2 0.00 2,070,970.96 0.00 12,521.51
B-3 0.00 2,761,957.43 0.00 16,699.36
B-4 0.00 1,380,978.71 0.00 8,349.68
B-5 0.00 1,380,905.15 0.00 8,349.23
<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 1,173.61
Servicing Fee Support 1,173.61
Non-Supported Prepayment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 47,921.07
Master Servicing Fee 4,517.83
Supported Prepayment/Curtailment Interest Shortfall 1,173.61
Net Servicing Fees 51,265.29
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 42,399.99
Current Period Advances By Servicer 278,043.56
Reimbursement of Advances 42,399.99
Ending Cumulative Advances 278,043.56
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 4 831,724.99
60 Days 1 298,643.05
90+ Days 1 230,715.98
Foreclosure 0 0.00
REO 0 0.00
Totals 6 1,361,084.02
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 683,928.85
Current Period Realized Loss - Includes Interest Shortfall 0.00
Cumulative Realized Losses - Includes Interest Shortfall 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Mixed Fixed Ratio Strip
Weighted Average Gross Coupon 7.982985%
Weighted Average Pass-Through Rate 7.250000%
Weighted Average Maturity (Stepdown Calculation) 349 Months
Beginning Scheduled Collateral Loan Count 1,057
Number of Loans Paid in Full 3
Ending Scheduled Collateral Loan Count 1,054
Beginning Scheduled Collateral Balance 271,072,092.69
Ending Scheduled Collateral Balance 269,985,581.86
Ending Actual Collateral Balance at 31-Oct-1996 270,619,567.61
Monthly P&I Constant 1,888,917.35
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 0.03853798%
Fraud 5,556,876.51 2.00051778% 5,556,876.51 2.05821232%
Special Hazard 2,778,438.25 1.00025889% 2,778,438.25 1.02910616%
<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% 17,260,669.01 6.39318177%
M 11,110,926.01 4.00001781% 11,046,761.92 4.09161180%
B-1 7,638,926.01 2.75007142% 7,594,812.25 2.81304364%
B-2 5,555,926.01 2.00017559% 5,523,841.29 2.04597640%
B-3 2,777,926.01 1.00007448% 2,761,883.86 1.02297458%
B-4 1,388,926.01 0.50002392% 1,380,905.15 0.51147366%
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-Oct-1996
Distribution Date: 25-Nov-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 42,623,453.14 0.94725100
A-2 74434UC51 6.87500 16,760,000.00 16,760,000.00 1.00000000
A-3 74434UC69 7.25000 37,500,000.00 35,517,064.51 0.94712172
A-4 74434UD35 2.80613 70,090,413.28 70,313,160.38 1.00317800
A-5 74434UC77 7.25000 14,793,800.00 13,820,344.19 0.93419839
A-6 74434UC85 7.25000 15,000,000.00 14,919,493.29 0.99463289
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 4,753,350.56 0.99463289
B-2 74434UD50 7.25000 3,186,000.00 3,168,900.37 0.99463288
B-3 74434UD68 7.25000 1,062,000.00 1,056,300.12 0.99463288
B-4 74434UD76 7.25000 2,125,000.00 2,113,594.88 0.99463288
B-5 74434UD84 7.25000 1,062,000.00 1,056,300.12 0.99463288
B-6 74434UD92 7.25000 1,062,196.34 1,056,495.41 0.99463288
</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-1 140,456.99 243,049.97 0.00 0.00 0.00 383,506.96
A-2 0.00 0.00 0.00 0.00 0.00 0.00
A-3 49,475.38 85,613.33 0.00 0.00 0.00 135,088.72
A-4 33,481.96 62,129.30 (222,064.23) 0.00 0.00 (126,452.98)
A-5 0.00 0.00 0.00 0.00 0.00 0.00
A-6 11,807.57 0.00 0.00 0.00 0.00 11,807.57
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 3,761.89 0.00 0.00 0.00 0.00 3,761.89
B-2 2,507.93 0.00 0.00 0.00 0.00 2,507.93
B-3 835.98 0.00 0.00 0.00 0.00 835.98
B-4 1,672.74 0.00 0.00 0.00 0.00 1,672.74
B-5 835.98 0.00 0.00 0.00 0.00 835.98
B-6 836.13 0.00 0.00 0.00 0.00 836.13
<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-1 215,034.80 0.00 0.00 0.00 0.00
A-2 96,020.83 0.00 0.00 0.00 0.00
A-3 215,398.43 0.00 0.00 0.00 0.00
A-4 517,824.63 0.00 0.00 0.00 0.00
A-5 83,497.91 0.00 0.00 0.00 0.00
A-6 90,209.94 0.00 0.00 0.00 0.00
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 28,740.89 0.00 0.00 0.00 0.00
B-2 19,160.59 0.00 0.00 0.00 0.00
B-3 6,386.86 0.00 0.00 0.00 0.00
B-4 12,779.74 0.00 0.00 0.00 0.00
B-5 6,386.86 0.00 0.00 0.00 0.00
B-6 6,388.04 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 42,623,453.14 0.00 215,034.80
A-2 0.00 16,760,000.00 0.00 96,020.83
A-3 0.00 35,517,064.51 0.00 215,398.43
A-4 0.00 221,374,676.99 0.00 517,824.63
A-5 0.00 13,820,344.19 0.00 83,497.91
A-6 0.00 14,919,493.29 0.00 90,209.94
A-R 0.00 93.42 0.00 0.56
A-LR 0.00 93.42 0.00 3.42
B-1 0.00 4,753,350.56 0.00 28,740.89
B-2 0.00 3,168,900.37 0.00 19,160.59
B-3 0.00 1,056,300.12 0.00 6,386.86
B-4 0.00 2,113,594.88 0.00 12,779.74
B-5 0.00 1,056,300.12 0.00 6,386.86
B-6 0.00 1,056,495.41 0.00 6,388.04
<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 72.13
Servicing Fee Support 72.13
Non-Supported Prepayment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 35,761.50
Master Servicing Fee 3,459.55
Supported Prepayment/Curtailment Interest Shortfall 72.13
Net Servicing Fees 39,148.92
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 24,689.20
Current Period Advances By Servicer 266,631.66
Reimbursement of Advances 24,689.20
Ending Cumulative Advances 266,631.66
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 8 1,839,934.02
60 Days 1 247,238.06
90+ Days 0 0.00
Foreclosure 0 0.00
REO 0 0.00
Totals 9 2,087,172.08
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 480,263.36
Current Period Realized Loss - Includes Interest Shortfall 0.00
Cumulative Realized Losses - Includes Interest Shortfall 3,572.14
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Mixed Fixed
Weighted Average Gross Coupon 7.729639%
Weighted Average Pass-Through Rate 7.250000%
Weighted Average Maturity (Stepdown Calculation) 348 Months
Beginning Scheduled Collateral Loan Count 794
Number of Loans Paid in Full 1
Ending Scheduled Collateral Loan Count 793
Beginning Scheduled Collateral Balance 207,573,044.73
Ending Scheduled Collateral Balance 207,158,643.83
Ending Actual Collateral Balance at 31-Oct-1996 207,308,130.44
Monthly P&I Constant 1,501,583.02
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 0.04827218%
Fraud 4,248,352.19 2.00000000% 4,248,352.19 2.05077235%
Special Hazard 2,143,632.20 1.00915936% 2,143,632.20 1.03477806%
<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% 13,204,941.46 6.37431353%
B-1 8,497,196.34 4.00023160% 8,451,590.90 4.07976744%
B-2 5,311,196.34 2.50035595% 5,282,690.53 2.55007005%
B-3 4,249,196.34 2.00039740% 4,226,390.41 2.04017092%
B-4 2,124,196.34 1.00000953% 2,112,795.53 1.01989253%
B-5 1,062,196.34 0.50005098% 1,056,495.41 0.50999340%
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-Oct-1996
Distribution Date: 25-Nov-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 85,963,215.22 0.94157766
A-2 74434UJ21 6.75000 15,000,000.00 13,761,621.56 0.91744144
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 28,659,829.52 0.89489257
A-9 74434UJ96 6.75000 13,078,000.00 11,826,428.50 0.90429947
A-10 74434UK29 6.75000 31,000,000.00 30,390,837.71 0.98034960
A-R 74434UK37 6.75000 100.00 0.00 0.00000000
AP 74434UK45 0.00000 4,637,677.00 4,462,521.26 0.96223201
M 74434UK52 6.75000 4,633,000.00 4,541,959.71 0.98034960
B-1 74434UK60 6.75000 2,317,000.00 2,271,470.03 0.98034960
B-2 74434UK78 6.75000 772,000.00 756,829.89 0.98034960
B-3 74434UK86 6.75000 2,008,000.00 1,968,542.00 0.98034960
B-4 74434UK94 6.75000 926,000.00 907,803.73 0.98034960
B-5 74434UL28 6.75000 927,679.28 909,450.01 0.98034960
</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-1 408,645.05 488,941.13 0.00 0.00 0.00 897,586.18
A-2 94,877.70 113,520.54 0.00 0.00 0.00 208,398.24
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-8 296,930.49 355,275.38 0.00 0.00 0.00 652,205.87
A-9 56,849.95 68,020.59 0.00 0.00 0.00 124,870.53
A-10 103,590.19 0.00 0.00 0.00 0.00 103,590.19
A-R 0.00 0.00 0.00 0.00 0.00 0.00
AP 15,847.42 22,615.17 0.00 0.00 0.00 38,462.60
M 15,481.72 0.00 0.00 0.00 0.00 15,481.72
B-1 7,742.53 0.00 0.00 0.00 0.00 7,742.53
B-2 2,579.73 0.00 0.00 0.00 0.00 2,579.73
B-3 6,709.97 0.00 0.00 0.00 0.00 6,709.97
B-4 3,094.34 0.00 0.00 0.00 0.00 3,094.34
B-5 3,099.95 0.00 0.00 0.00 0.00 3,099.95
<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-1 488,592.01 0.00 0.00 0.00 0.00
A-2 78,581.36 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-8 164,880.20 0.00 0.00 0.00 0.00
A-9 67,226.06 0.00 0.00 0.00 0.00
A-10 171,531.16 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 25,635.61 0.00 0.00 0.00 0.00
B-1 12,820.57 0.00 0.00 0.00 0.00
B-2 4,271.68 0.00 0.00 0.00 0.00
B-3 11,110.79 0.00 0.00 0.00 0.00
B-4 5,123.80 0.00 0.00 0.00 0.00
B-5 5,133.09 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 85,963,215.22 0.00 488,592.01
A-2 0.00 13,761,621.56 0.00 78,581.36
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 28,659,829.52 0.00 164,880.20
A-9 0.00 11,826,428.50 0.00 67,226.06
A-10 0.00 30,390,837.71 0.00 171,531.16
A-R 0.00 0.00 0.00 74.93
AP 0.00 4,462,521.26 0.00 0.00
M 0.00 4,541,959.71 0.00 25,635.61
B-1 0.00 2,271,470.03 0.00 12,820.57
B-2 0.00 756,829.89 0.00 4,271.68
B-3 0.00 1,968,542.00 0.00 11,110.79
B-4 0.00 907,803.73 0.00 5,123.80
B-5 0.00 909,450.01 0.00 5,133.09
<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 777.91
Servicing Fee Support 777.91
Non-Supported Prepayment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 51,019.14
Master Servicing Fee 4,979.27
Supported Prepayment/Curtailment Interest Shortfall 777.91
Net Servicing Fees 55,220.50
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 0.00
Current Period Advances By Servicer 260,411.58
Reimbursement of Advances 0.00
Ending Cumulative Advances 260,411.58
</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 590,559.41
Current Period Realized Loss - Includes Interest Shortfall 0.00
Cumulative Realized Losses - Includes Interest Shortfall 1,389.55
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Fixed 15 Year Ratio Strip
Weighted Average Gross Coupon 7.135688%
Weighted Average Pass-Through Rate 6.750000%
Weighted Average Maturity (Stepdown Calculation) 171 Months
Beginning Scheduled Collateral Loan Count 1,049
Number of Loans Paid in Full 3
Ending Scheduled Collateral Loan Count 1,046
Beginning Scheduled Collateral Balance 298,759,331.02
Ending Scheduled Collateral Balance 296,695,509.16
Ending Actual Collateral Balance at 31-Oct-1996 297,890,183.77
Monthly P&I Constant 2,729,374.59
Class AP Deferred Amount 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CREDIT ENHANCEMENT
Loss Description Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
Bankruptcy 100,000.00 0.03237320% 100,000.00 0.03370459%
Fraud 6,178,077.00 2.00004140% 6,178,077.00 2.08229542%
Special Hazard 3,089,038.00 1.00002054% 3,089,038.00 1.04114754%
<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% 11,356,055.37 3.82751171%
M 6,950,679.28 2.25015750% 6,814,095.66 2.29666289%
B-1 4,633,679.28 1.50007039% 4,542,625.63 1.53107327%
B-2 3,861,679.28 1.25014927% 3,785,795.74 1.27598687%
B-3 1,853,679.28 0.60009535% 1,817,253.74 0.61249789%
B-4 927,679.28 0.30031949% 909,450.01 0.30652638%
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-Oct-1996
Distribution Date: 25-Nov-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 98,105,354.68 0.98105355
A-2 74434UE59 6.75000 73,250,000.00 71,353,647.60 0.97411123
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 2,716,723.60 0.99089711
M 74434UF41 6.75000 4,855,000.00 4,831,029.65 0.99506275
B-1 74434UF58 6.75000 2,697,000.00 2,683,684.24 0.99506275
B-2 74434UF66 6.75000 1,618,000.00 1,610,011.53 0.99506275
B-3 74434UH64 6.75000 1,834,000.00 1,824,945.08 0.99506275
B-4 74434UH72 6.75000 971,000.00 966,205.93 0.99506275
B-5 74434UH80 6.75000 971,880.05 967,081.65 0.99506277
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PRINCIPAL DISTRIBUTION
Scheduled Unscheduled
Principal Principal Deferred Realized Principal
Class Distribution Distribution Accretion Interest Loss (1) Distribution
<S> <C> <C> <C> <C> <C> <C>
A-1 82,655.06 253,892.44 0.00 0.00 0.00 336,547.50
A-2 82,729.53 254,121.19 0.00 0.00 0.00 336,850.73
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 2,531.28 214.18 0.00 0.00 0.00 2,745.46
M 4,059.70 0.00 0.00 0.00 0.00 4,059.70
B-1 2,255.20 0.00 0.00 0.00 0.00 2,255.20
B-2 1,352.95 0.00 0.00 0.00 0.00 1,352.95
B-3 1,533.57 0.00 0.00 0.00 0.00 1,533.57
B-4 811.94 0.00 0.00 0.00 0.00 811.94
B-5 812.68 0.00 0.00 0.00 0.00 812.68
<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-1 553,735.70 0.00 0.00 0.00 0.00
A-2 403,259.05 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 27,197.38 0.00 0.00 0.00 0.00
B-1 15,108.41 0.00 0.00 0.00 0.00
B-2 9,063.93 0.00 0.00 0.00 0.00
B-3 10,273.94 0.00 0.00 0.00 0.00
B-4 5,439.48 0.00 0.00 0.00 0.00
B-5 5,444.41 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 98,105,354.68 0.00 553,735.70
A-2 0.00 71,353,647.60 0.00 403,259.05
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 2.40
AP 0.00 2,716,723.60 0.00 0.00
M 0.00 4,831,029.65 0.00 27,197.38
B-1 0.00 2,683,684.24 0.00 15,108.41
B-2 0.00 1,610,011.53 0.00 9,063.93
B-3 0.00 1,824,945.08 0.00 10,273.94
B-4 0.00 966,205.93 0.00 5,439.48
B-5 0.00 967,081.65 0.00 5,444.41
<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 1,390.22
Servicing Fee Support 1,390.22
Non-Supported Prepayment Interest Shortfall 0.00
</TABLE>
<TABLE>
<CAPTION>
SERVICING FEES
<S> <C>
Gross Servicing Fee 35,468.05
Master Servicing Fee 3,543.08
Supported Prepayment/Curtailment Interest Shortfall 1,390.22
Net Servicing Fees 37,620.91
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 0.00
Current Period Advances By Servicer 166,760.38
Reimbursement of Advances 0.00
Ending Cumulative Advances 166,760.38
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 1 287,093.14
60 Days 0 0.00
90+ Days 0 0.00
Foreclosure 0 0.00
REO 0 0.00
Totals 1 287,093.14
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 209,703.84
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 7.154335%
Weighted Average Pass-Through Rate 6.750000%
Weighted Average Maturity (Stepdown Calculation) 352 Months
Beginning Scheduled Collateral Loan Count 712
Number of Loans Paid in Full 2
Ending Scheduled Collateral Loan Count 710
Beginning Scheduled Collateral Balance 212,585,753.69
Ending Scheduled Collateral Balance 211,898,783.96
Ending Actual Collateral Balance at 31-Oct-1996 212,045,068.70
Monthly P&I Constant 1,398,708.59
Class AP Deferred Amount 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CREDIT ENHANCEMENT
Loss Description Original $ Original % Current $ Current %
<S> <C> <C> <C> <C>
Bankruptcy 209,264.92 0.09698129% 209,264.92 0.09875702%
Fraud 4,315,573.22 2.00000000% 4,315,573.22 2.03662010%
Special Hazard 3,965,591.19 1.83780508% 3,965,591.19 1.87145538%
<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% 12,882,958.08 6.07976971%
M 8,091,880.05 3.75008354% 8,051,928.43 3.79989365%
B-1 5,394,880.05 2.50019164% 5,368,244.19 2.53340019%
B-2 3,776,880.05 1.75034919% 3,758,232.66 1.77359803%
B-3 1,942,880.05 0.90040417% 1,933,287.58 0.91236370%
B-4 971,880.05 0.45040601% 967,081.65 0.45638849%
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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