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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 : May 28, 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 May 28, 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
May 28,1996 distribution
(EX-99.2) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-2, relating to the
May 28,1996 distribution
(EX-99.3) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-3, relating to the
May 28,1996 distribution
(EX-99.4) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-4, relating to the
May 28,1996 distribution
(EX-99.5) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-5, relating to the
May 28,1996 distribution
(EX-99.6) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-6, relating to the
May 28,1996 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.
May 29, 1996 by /s/ SHERRI J. SHARPS, AS ATTORNEY-IN-FACT
Sherri J. Sharps
Vice President, Norwest Bank Minnesota, N.A.
<PAGE>
INDEX TO EXHIBITS
Exhibit Number Description
(EX-99.1) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-1, relating to the
May 28,1996 distribution
(EX-99.2) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-2, relating to the
May 28,1996 distribution
(EX-99.3) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-3, relating to the
May 28,1996 distribution
(EX-99.4) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-4, relating to the
May 28,1996 distribution
(EX-99.5) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-5, relating to the
May 28,1996 distribution
(EX-99.6) Monthly report distributed to holders of Mortgage Pass-
Through Certificates, Series 1996-6, relating to the
May 28,1996 distribution
<TABLE>
<CAPTION>
The Prudential Home Mortgage Securities Company, Inc.
Mortgage Pass-Through Certificates
Statements to Certificateholders
Record Date: 30-Apr-1996
Distribution Date: 28-May-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 48,563,410.66 0.94807822
A-2 74434UVD3 6.61000 52,537,000.00 49,809,185.44 0.94807822
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 9,968,831.62 0.99688316
A-R 74434UVJ0 7.00000 1,000.00 0.00 0.00000000
AP 74434UVK7 0.00000 522,201.33 475,786.02 0.91111606
M 74434UVL5 7.00000 4,534,000.00 4,519,868.25 0.99688316
B-1 74434UVM3 7.00000 3,175,000.00 3,165,104.04 0.99688316
B-2 74434UVN1 7.00000 1,360,000.00 1,355,761.10 0.99688316
B-3 74434UVQ4 7.00000 1,451,000.00 1,446,477.47 0.99688316
B-4 74434UVR2 7.00000 816,000.00 813,456.66 0.99688316
B-5 74434UVS0 7.00000 907,741.82 904,912.54 0.99688317
</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 63,896.65 742,232.34 0.00 0.00 0.00 806,128.99
A-2 65,535.76 761,272.48 0.00 0.00 0.00 826,808.25
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-6 623.92 7,247.54 0.00 0.00 0.00 7,871.46
A-R 0.00 0.00 0.00 0.00 0.00 0.00
AP 457.30 27.93 0.00 0.00 0.00 485.23
M 3,568.92 0.00 0.00 0.00 0.00 3,568.92
B-1 2,499.19 0.00 0.00 0.00 0.00 2,499.19
B-2 1,070.52 0.00 0.00 0.00 0.00 1,070.52
B-3 1,142.15 0.00 0.00 0.00 0.00 1,142.15
B-4 642.31 0.00 0.00 0.00 0.00 642.31
B-5 714.53 0.00 0.00 0.00 0.00 714.53
<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-1 304,445.49 0.00 0.00 0.00 319.26
A-2 278,919.93 0.00 0.00 0.00 292.49
A-3 177,479.17 0.00 0.00 0.00 186.12
A-4 113,359.17 0.00 0.00 0.00 118.88
A-5 29,166.67 0.00 0.00 0.00 30.59
A-6 58,197.43 0.00 0.00 0.00 61.03
A-R 0.00 0.00 0.00 0.00 0.00
AP 0.00 0.00 0.00 0.00 0.00
M 26,386.72 0.00 0.00 0.00 27.59
B-1 18,477.69 0.00 0.00 0.00 19.32
B-2 7,914.85 0.00 0.00 0.00 8.28
B-3 8,444.45 0.00 0.00 0.00 8.83
B-4 4,748.91 0.00 0.00 0.00 4.97
B-5 5,282.82 0.00 0.00 0.00 5.52
</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 48,563,410.66 0.00 304,126.23
A-2 0.00 49,809,185.44 0.00 278,627.44
A-3 0.00 30,425,000.00 0.00 177,293.05
A-4 0.00 19,433,000.00 0.00 113,240.29
A-5 0.00 5,000,000.00 0.00 29,136.08
A-6 0.00 9,968,831.62 0.00 58,136.41
A-R 0.00 0.00 0.00 2.26
AP 0.00 475,786.02 0.00 0.00
M 0.00 4,519,868.25 0.00 26,359.13
B-1 0.00 3,165,104.04 0.00 18,458.36
B-2 0.00 1,355,761.10 0.00 7,906.58
B-3 0.00 1,446,477.47 0.00 8,435.62
B-4 0.00 813,456.66 0.00 4,743.95
B-5 0.00 904,912.54 0.00 5,277.30
<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 2,420.83
Servicing Fee Support 1,337.95
Non-Supported Prepayment Interest Shortfall 1,082.87
Gross Servicing Fee 32,689.56
Supported Prepayment Interest Shortfall 1,337.95
Net Servicing Fee 31,351.61
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 0.00
Current Period Advances By Servicer 0.00
Reimbursement of Advances 0.00
Ending Cumulative Advances 0.00
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 1 262,985.13
60 Days 0 0.00
90+ Days 0 0.00
Foreclosure 0 0.00
REO 0 0.00
Totals 1 262,985.13
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 45,408.35
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 7.644448%
Weighted Average Pass-Through Rate 7.000000%
Weighted Average Maturity (Stepdown Calculation) 349 Months
Beginning Scheduled Collateral Loan Count 633
Number of Loans Paid in Full 5
Ending Scheduled Collateral Loan Count 628
Beginning Scheduled Collateral Balance 177,531,725.34
Ending Scheduled Collateral Balance 175,880,793.80
Ending Actual Collateral Balance at 30-Apr-1996 176,658,132.75
Monthly P&I Constant 1,206,733.88
</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 0.05685669%
Fraud 3,627,698.91 2.00000003% 3,627,698.91 2.06258957%
Special Hazard 2,031,879.96 1.12020321% 2,031,879.96 1.15525972%
<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% 12,205,580.06 6.93968898%
M 7,709,741.82 4.25048611% 7,685,711.81 4.36984144%
B-1 4,534,741.82 2.50006519% 4,520,607.77 2.57026801%
B-2 3,174,741.82 1.75027859% 3,164,846.67 1.79942710%
B-3 1,723,741.82 0.95032244% 1,718,369.20 0.97700787%
B-4 907,741.82 0.50045048% 904,912.54 0.51450333%
B-5 0.00 0.00000000% 0.00 0.00000000%
<FN>
Please refer to the Prospectus Supplement For A Full Description Of Loss Exposure
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
The Prudential Home Mortgage Securities Company, Inc.
Mortgage Pass-Through Certificates
Statements to Certificateholders
Record Date: 30-Apr-1996
Distribution Date: 28-May-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 9,398,671.90 0.97215639
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 39,775,677.62 0.99793711
A-6 74434UWZ3 7.00000 4,996,513.00 4,861,918.99 0.97306241
A-7 74434UXR0 7.45000 57,959,566.00 56,398,274.78 0.97306241
A-8 74434UXA7 7.25000 44,500,000.00 42,822,872.85 0.96231175
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 58,082,091.24 0.97306241
A-15 74434UXH2 7.40000 60,962,267.00 59,420,392.81 0.97470773
A-16 74434UXJ8 6.85000 9,993,028.00 9,616,408.26 0.96231175
A-17 74434UXK5 8.00000 1,000,000.00 1,000,000.00 1.00000000
A-18 74434UXL3 6.65000 4,996,514.00 4,808,204.13 0.96231175
A-19 74434UXM1 7.45000 9,993,028.00 9,616,408.26 0.96231175
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 377,400.60 376,149.86 0.99668591
B-1 74434UYH1 7.25000 10,639,000.00 10,617,052.94 0.99793711
B-2 74434UYJ7 7.25000 4,255,000.00 4,246,222.41 0.99793711
B-3 74434UYK4 7.25000 3,192,000.00 3,185,415.26 0.99793711
B-4 74434UYL2 7.25000 4,468,000.00 4,458,783.02 0.99793711
B-5 74434UYM0 7.25000 1,915,000.00 1,911,049.57 0.99793711
B-6 74434UYN8 7.25000 2,128,275.14 2,123,884.75 0.99793711
</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 8,559.95 34,091.15 0.00 0.00 0.00 42,651.09
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 27,791.29 0.00 0.00 0.00 0.00 27,791.29
A-6 4,279.97 17,045.57 0.00 0.00 0.00 21,325.54
A-7 49,647.69 197,728.68 0.00 0.00 0.00 247,376.37
A-8 53,331.17 212,398.65 0.00 0.00 0.00 265,729.82
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 51,129.96 203,632.02 0.00 0.00 0.00 254,761.99
A-15 49,030.25 195,269.63 0.00 0.00 0.00 244,299.87
A-16 11,976.18 47,696.76 0.00 0.00 0.00 59,672.93
A-17 0.00 0.00 0.00 0.00 0.00 0.00
A-18 5,988.09 23,848.38 0.00 0.00 0.00 29,836.47
A-19 11,976.18 47,696.76 0.00 0.00 0.00 59,672.93
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 308.83 112.31 0.00 0.00 0.00 421.14
B-1 7,418.14 0.00 0.00 0.00 0.00 7,418.14
B-2 2,966.84 0.00 0.00 0.00 0.00 2,966.84
B-3 2,225.65 0.00 0.00 0.00 0.00 2,225.65
B-4 3,115.35 0.00 0.00 0.00 0.00 3,115.35
B-5 1,335.25 0.00 0.00 0.00 0.00 1,335.25
B-6 1,406.36 0.00 0.00 0.00 77.60 1,406.36
<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 57,041.33 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-5 240,479.29 0.00 0.00 0.00 0.00
A-6 28,485.59 0.00 0.00 0.00 0.00
A-7 351,675.08 0.00 0.00 0.00 0.00
A-8 260,326.97 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-14 342,729.01 0.00 0.00 0.00 0.00
A-15 367,932.27 0.00 0.00 0.00 0.00
A-16 55,234.30 0.00 0.00 0.00 0.00
A-17 6,666.67 0.00 0.00 0.00 0.00
A-18 26,810.81 0.00 0.00 0.00 0.00
A-19 60,072.34 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 64,189.51 0.00 0.00 0.00 0.00
B-2 25,672.19 0.00 0.00 0.00 0.00
B-3 19,258.66 0.00 0.00 0.00 0.00
B-4 26,957.30 0.00 0.00 0.00 0.00
B-5 11,553.99 0.00 0.00 0.00 0.00
B-6 12,840.77 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 9,398,671.90 0.00 57,041.33
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 39,775,677.62 0.00 240,479.29
A-6 0.00 4,861,918.99 0.00 28,485.59
A-7 0.00 56,398,274.78 0.00 351,675.08
A-8 0.00 42,822,872.85 0.00 260,326.97
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 58,082,091.24 0.00 342,729.01
A-15 0.00 59,420,392.81 0.00 367,932.27
A-16 0.00 9,616,408.26 0.00 55,234.30
A-17 0.00 1,000,000.00 0.00 6,666.67
A-18 0.00 4,808,204.13 0.00 26,810.81
A-19 0.00 9,616,408.26 0.00 60,072.34
A-20 0.00 22,251,865.00 0.00 132,305.88
A-R 0.00 0.00 0.00 0.00
AP 0.00 376,149.86 0.00 0.00
B-1 0.00 10,617,052.94 0.00 64,189.51
B-2 0.00 4,246,222.41 0.00 25,672.19
B-3 0.00 3,185,415.26 0.00 19,258.66
B-4 0.00 4,458,783.02 0.00 26,957.30
B-5 0.00 1,911,049.57 0.00 11,553.99
B-6 0.00 2,123,884.75 0.00 12,840.77
<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 299.30
Servicing Fee Support 299.30
Non-Supported Prepayment Interest Shortfall 0.00
Gross Servicing Fee 80,797.70
Supported Prepayment Interest Shortfall 299.30
Net Servicing Fee 80,498.40
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 8,028.71
Current Period Advances By Servicer 11,444.41
Reimbursement of Advances 8,028.71
Ending Cumulative Advances 11,444.41
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 6 1,368,602.79
60 Days 2 684,345.36
90+ Days 0 0.00
Foreclosure 0 0.00
REO 0 0.00
Totals 8 2,052,948.15
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 653,538.45
Current Period Realized Loss - Includes Interest Shortfall 77.60
Cumulative Realized Losses - Includes Interest Shortfall 903.50
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Mixed Fixed Ratio Strip
Weighted Average Gross Coupon 8.108043%
Weighted Average Pass-Through Rate 7.250000%
Weighted Average Maturity (Stepdown Calculation) 354 Months
Beginning Scheduled Collateral Loan Count 1,693
Number of Loans Paid in Full 5
Ending Scheduled Collateral Loan Count 1,688
Beginning Scheduled Collateral Balance 418,953,791.26
Ending Scheduled Collateral Balance 417,681,706.62
Ending Actual Collateral Balance at 30-Apr-1996 418,692,521.68
Monthly P&I Constant 2,902,675.80
</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 0.03663936%
Fraud 8,511,073.51 2.00000000% 8,511,073.51 2.03769363%
Special Hazard 4,256,324.91 1.00018521% 4,256,324.91 1.01903551%
<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% 26,542,407.95 6.35469726%
B-1 15,958,275.14 3.75000289% 15,925,355.01 3.81279686%
B-2 11,703,275.14 2.75012902% 11,679,132.60 2.79618006%
B-3 8,511,275.14 2.00004738% 8,493,717.34 2.03353827%
B-4 4,043,275.14 0.95012107% 4,034,934.32 0.96603089%
B-5 2,128,275.14 0.50011908% 2,123,884.75 0.50849360%
B-6 0.00 0.00000000% 0.00 0.00000000%
<FN>
Please refer to the Prospectus Supplement For A Full Description Of Loss Exposure
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
The Prudential Home Mortgage Securities Company, Inc.
Mortgage Pass-Through Certificates
Statements to Certificateholders
Record Date: 30-Apr-1996
Distribution Date: 28-May-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 4,933,775.95 0.97679191
A-2 74434UXV1 6.75000 27,033,000.00 26,064,577.55 0.96417629
A-3 74434UXW9 6.75000 58,855,000.00 57,576,809.90 0.97828239
A-4 74434UXX7 6.75000 10,915,000.00 10,915,000.00 1.00000000
A-5 74434UXY5 6.75000 18,000,000.00 17,829,382.65 0.99052126
A-R 74434UYD0 6.75000 100.00 0.00 0.00000000
AP 74434UXZ2 0.00000 647,572.74 638,185.64 0.98550418
M 74434UYA6 6.75000 1,249,000.00 1,237,161.05 0.99052126
B-1 74434UYB4 6.75000 1,249,000.00 1,237,161.05 0.99052126
B-2 74434UYC2 6.75000 624,000.00 618,085.27 0.99052127
B-3 74434UYE8 6.75000 562,000.00 556,672.95 0.99052126
B-4 74434UYF5 6.75000 312,000.00 309,042.63 0.99052125
B-5 74434UYG3 6.75000 375,241.61 371,684.79 0.99052125
</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 16,862.65 8,103.88 0.00 0.00 0.00 24,966.53
A-2 139,307.28 66,948.56 0.00 0.00 0.00 206,255.84
A-3 183,867.27 88,363.28 0.00 0.00 0.00 272,230.55
A-4 0.00 0.00 0.00 0.00 0.00 0.00
A-5 38,827.97 18,660.02 0.00 0.00 0.00 57,487.99
A-R 0.00 0.00 0.00 0.00 0.00 0.00
AP 2,247.17 153.35 0.00 0.00 0.00 2,400.52
M 3,989.03 0.00 0.00 0.00 0.00 3,989.03
B-1 3,989.03 0.00 0.00 0.00 0.00 3,989.03
B-2 1,992.92 0.00 0.00 0.00 0.00 1,992.92
B-3 1,794.90 0.00 0.00 0.00 0.00 1,794.90
B-4 996.46 0.00 0.00 0.00 0.00 996.46
B-5 1,189.94 0.00 0.00 0.00 8.50 1,189.94
<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 27,892.93 0.00 0.00 0.00 0.00
A-2 147,773.44 0.00 0.00 0.00 0.00
A-3 325,400.85 0.00 0.00 0.00 0.00
A-4 61,396.88 0.00 0.00 0.00 0.00
A-5 100,613.65 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 6,981.47 0.00 0.00 0.00 0.00
B-1 6,981.47 0.00 0.00 0.00 0.00
B-2 3,487.94 0.00 0.00 0.00 0.00
B-3 3,141.38 0.00 0.00 0.00 0.00
B-4 1,743.97 0.00 0.00 0.00 0.00
B-5 2,097.47 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 4,933,775.95 0.00 27,892.93
A-2 0.00 26,064,577.55 0.00 147,773.44
A-3 0.00 57,576,809.90 0.00 325,400.85
A-4 0.00 10,915,000.00 0.00 61,396.88
A-5 0.00 17,829,382.65 0.00 100,613.65
A-R 0.00 0.00 0.00 0.00
AP 0.00 638,185.64 0.00 0.00
M 0.00 1,237,161.05 0.00 6,981.47
B-1 0.00 1,237,161.05 0.00 6,981.47
B-2 0.00 618,085.27 0.00 3,487.94
B-3 0.00 556,672.95 0.00 3,141.38
B-4 0.00 309,042.63 0.00 1,743.97
B-5 0.00 371,684.79 0.00 2,097.47
<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 13.43
Servicing Fee Support 13.43
Non-Supported Prepayment Interest Shortfall 0.00
Gross Servicing Fee 22,916.74
Supported Prepayment Interest Shortfall 13.43
Net Servicing Fee 22,903.31
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 0.00
Current Period Advances By Servicer 0.00
Reimbursement of Advances 0.00
Ending Cumulative Advances 0.00
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 0 0.00
60 Days 0 0.00
90+ Days 0 0.00
Foreclosure 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 90,439.15
Current Period Realized Loss - Includes Interest Shortfall 8.50
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 7.428097%
Weighted Average Pass-Through Rate 6.750000%
Weighted Average Maturity (Stepdown Calculation) 175 Months
Beginning Scheduled Collateral Loan Count 462
Number of Loans Paid in Full 1
Ending Scheduled Collateral Loan Count 461
Beginning Scheduled Collateral Balance 122,864,841.63
Ending Scheduled Collateral Balance 122,287,539.43
Ending Actual Collateral Balance at 30-Apr-1996 122,758,954.45
Monthly P&I Constant 1,105,728.96
</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 0.08177448%
Fraud 2,497,707.01 2.00019918% 2,497,707.01 2.04248693%
Special Hazard 1,987,480.00 1.59160216% 1,987,480.00 1.62525144%
<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% 4,329,807.74 3.54067778%
M 3,122,241.61 2.50033534% 3,092,646.69 2.52899576%
B-1 1,873,241.61 1.50011844% 1,855,485.64 1.51731374%
B-2 1,249,241.61 1.00041039% 1,237,400.37 1.01187772%
B-3 687,241.61 0.55035282% 680,727.42 0.55666131%
B-4 375,241.61 0.30049880% 371,684.79 0.30394331%
B-5 0.00 0.00000000% 0.00 0.00000000%
<FN>
Please refer to the Prospectus Supplement For A Full Description Of Loss Exposure
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
The Prudential Home Mortgage Securities Company, Inc.
Mortgage Pass-Through Certificates
Statements to Certificateholders
Record Date: 30-Apr-1996
Distribution Date: 28-May-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 134,516,000.00 133,585,729.22 0.99308431
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 9,884,491.44 0.99843348
A-R 74434UYV0 6.50000 1,000.00 0.00 0.00000000
AP 74434UYW8 0.00000 27,206.22 27,140.17 0.99757225
M 74434UYX6 6.50000 4,409,000.00 4,402,093.21 0.99843348
B-1 74434UYY4 6.50000 1,764,000.00 1,761,236.66 0.99843348
B-2 74434UYZ1 6.50000 1,322,000.00 1,319,929.06 0.99843348
B-3 74434UZW7 6.50000 1,500,000.00 1,497,650.22 0.99843348
B-4 74434UZX5 6.50000 793,000.00 791,757.75 0.99843348
B-5 74434UZY3 6.50000 794,392.15 793,147.72 0.99843348
</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-1 122,296.14 656,331.19 0.00 0.00 0.00 778,627.33
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 7,769.76 0.00 0.00 0.00 0.00 7,769.76
A-R 0.00 0.00 0.00 0.00 0.00 0.00
AP 24.33 4.38 0.00 0.00 0.00 28.71
M 3,460.29 0.00 0.00 0.00 0.00 3,460.29
B-1 1,384.43 0.00 0.00 0.00 0.00 1,384.43
B-2 1,037.54 0.00 0.00 0.00 0.00 1,037.54
B-3 1,177.24 0.00 0.00 0.00 0.00 1,177.24
B-4 622.37 0.00 0.00 0.00 0.00 622.37
B-5 394.50 0.00 0.00 0.00 228.96 394.50
<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-1 727,806.93 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 53,583.08 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 23,863.41 0.00 0.00 0.00 0.00
B-1 9,547.53 0.00 0.00 0.00 0.00
B-2 7,155.24 0.00 0.00 0.00 0.00
B-3 8,118.65 0.00 0.00 0.00 0.00
B-4 4,292.06 0.00 0.00 0.00 0.00
B-5 4,299.59 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 0.00 133,585,729.22 0.00 727,806.93
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 9,884,491.44 0.00 53,583.08
A-R 0.00 0.00 0.00 0.00
AP 0.00 27,140.17 0.00 0.00
M 0.00 4,402,093.21 0.00 23,863.41
B-1 0.00 1,761,236.66 0.00 9,547.53
B-2 0.00 1,319,929.06 0.00 7,155.24
B-3 0.00 1,497,650.22 0.00 8,118.65
B-4 0.00 791,757.75 0.00 4,292.06
B-5 0.00 793,147.72 0.00 4,299.59
<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 1,127.82
Servicing Fee Support 1,127.82
Non-Supported Prepayment Interest Shortfall 0.00
Gross Servicing Fee 32,531.52
Supported Prepayment Interest Shortfall 1,127.82
Net Servicing Fee 31,403.70
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 0.00
Current Period Advances By Servicer 0.00
Reimbursement of Advances 0.00
Ending Cumulative Advances 0.00
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 0 0.00
60 Days 0 0.00
90+ Days 0 0.00
Foreclosure 0 0.00
REO 0 0.00
Totals 0 0.00
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 40,757.90
Current Period Realized Loss - Includes Interest Shortfall 228.96
Cumulative Realized Losses - Includes Interest Shortfall 545.09
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Fixed 30 Year Ratio Strip
Weighted Average Gross Coupon 7.375382%
Weighted Average Pass-Through Rate 6.500000%
Weighted Average Maturity (Stepdown Calculation) 355 Months
Beginning Scheduled Collateral Loan Count 600
Number of Loans Paid in Full 2
Ending Scheduled Collateral Loan Count 598
Beginning Scheduled Collateral Balance 176,197,906.56
Ending Scheduled Collateral Balance 175,403,175.44
Ending Actual Collateral Balance at 30-Apr-1996 175,516,015.42
Monthly P&I Constant 1,125,362.95
</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 0.05701151%
Fraud 3,527,342.14 2.00000577% 3,527,342.14 2.01099104%
Special Hazard 1,763,671.07 1.00000288% 1,763,671.07 1.00549552%
<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% 10,565,814.62 6.02373052%
M 6,173,392.15 3.50031820% 6,163,721.41 3.51403069%
B-1 4,409,392.15 2.50012882% 4,402,484.75 2.50992306%
B-2 3,087,392.15 1.75055378% 3,082,555.69 1.75741156%
B-3 1,587,392.15 0.90005260% 1,584,905.47 0.90357855%
B-4 794,392.15 0.45042097% 793,147.72 0.45218550%
B-5 0.00 0.00000000% 0.00 0.00000000%
<FN>
Please refer to the Prospectus Supplement For A Full Description Of Loss Exposure
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
The Prudential Home Mortgage Securities Company, Inc.
Mortgage Pass-Through Certificates
Statements to Certificateholders
Record Date: 30-Apr-1996
Distribution Date: 28-May-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 83,610,666.37 0.98380664
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 12,956,919.39 0.99860266
A-6 74434UZJ6 7.25000 12,975,050.00 12,956,919.39 0.99860266
A-7 74434UZK3 8.00000 22,144,779.00 21,786,180.56 0.98380664
A-8 74434UZL1 7.00000 19,972,347.00 19,648,927.52 0.98380664
A-9 74434UZM9 7.25000 13,103,000.00 13,103,000.00 1.00000000
A-10 74434UZN7 7.05000 47,781,684.00 46,821,252.98 0.97989960
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 909,987.42 908,034.98 0.99785443
M 74434UZT4 7.25000 6,250,000.00 6,241,266.60 0.99860266
B-1 74434UZU1 7.25000 3,472,000.00 3,467,148.42 0.99860266
B-2 74434UZV9 7.25000 2,083,000.00 2,080,089.33 0.99860265
B-3 74434UZZ0 7.25000 2,778,000.00 2,774,118.18 0.99860266
B-4 74434UA20 7.25000 1,389,000.00 1,387,059.09 0.99860266
B-5 74434UA38 7.25000 1,388,926.01 1,386,985.20 0.99860265
</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 74,391.24 186,953.43 0.00 0.00 0.00 261,344.66
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 9,154.76 0.00 0.00 0.00 0.00 9,154.77
A-6 9,154.76 0.00 0.00 0.00 0.00 9,154.77
A-7 19,383.90 48,713.89 0.00 0.00 0.00 68,097.79
A-8 17,482.32 43,934.99 0.00 0.00 0.00 61,417.31
A-9 0.00 0.00 0.00 0.00 0.00 0.00
A-10 51,915.73 130,469.98 0.00 0.00 0.00 182,385.71
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 770.13 213.44 0.00 0.00 0.00 983.56
M 4,409.79 0.00 0.00 0.00 0.00 4,409.79
B-1 2,449.73 0.00 0.00 0.00 0.00 2,449.73
B-2 1,469.70 0.00 0.00 0.00 0.00 1,469.70
B-3 1,960.06 0.00 0.00 0.00 0.00 1,960.06
B-4 980.03 0.00 0.00 0.00 0.00 980.03
B-5 979.98 0.00 0.00 0.00 0.00 979.98
<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-1 506,726.73 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 78,336.70 0.00 0.00 0.00 0.00
A-6 78,336.70 0.00 0.00 0.00 0.00
A-7 145,695.19 0.00 0.00 0.00 0.00
A-8 114,977.01 0.00 0.00 0.00 0.00
A-9 79,163.96 0.00 0.00 0.00 0.00
A-10 276,146.38 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 37,734.29 0.00 0.00 0.00 0.00
B-1 20,962.16 0.00 0.00 0.00 0.00
B-2 12,576.09 0.00 0.00 0.00 0.00
B-3 16,772.14 0.00 0.00 0.00 0.00
B-4 8,386.07 0.00 0.00 0.00 0.00
B-5 8,385.62 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 83,610,666.37 0.00 506,726.73
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 12,956,919.39 0.00 78,336.70
A-6 0.00 12,956,919.39 0.00 78,336.70
A-7 0.00 21,786,180.56 0.00 145,695.19
A-8 0.00 19,648,927.52 0.00 114,977.01
A-9 0.00 13,103,000.00 0.00 79,163.96
A-10 0.00 46,821,252.98 0.00 276,146.38
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 0.00 349.05
AP 0.00 908,034.98 0.00 0.00
M 0.00 6,241,266.60 0.00 37,734.29
B-1 0.00 3,467,148.42 0.00 20,962.16
B-2 0.00 2,080,089.33 0.00 12,576.09
B-3 0.00 2,774,118.18 0.00 16,772.14
B-4 0.00 1,387,059.09 0.00 8,386.07
B-5 0.00 1,386,985.20 0.00 8,385.62
<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 806.55
Servicing Fee Support 806.55
Non-Supported Prepayment Interest Shortfall 0.00
Gross Servicing Fee 53,250.69
Supported Prepayment Interest Shortfall 806.55
Net Servicing Fee 52,444.14
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 15,312.50
Current Period Advances By Servicer 0.00
Reimbursement of Advances 15,312.50
Ending Cumulative Advances 0.00
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 3 558,710.78
60 Days 0 0.00
90+ Days 0 0.00
Foreclosure 0 0.00
REO 0 0.00
Totals 3 558,710.78
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 428,173.20
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 7.985735%
Weighted Average Pass-Through Rate 7.250000%
Weighted Average Maturity (Stepdown Calculation) 355 Months
Beginning Scheduled Collateral Loan Count 1,066
Number of Loans Paid in Full 1
Ending Scheduled Collateral Loan Count 1,065
Beginning Scheduled Collateral Balance 275,295,455.89
Ending Scheduled Collateral Balance 274,690,668.03
Ending Actual Collateral Balance at 30-Apr-1996 275,119,997.63
Monthly P&I Constant 1,905,809.07
</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 0.03787787%
Fraud 5,556,876.51 2.00051778% 5,556,876.51 2.02295788%
Special Hazard 2,778,438.25 1.00025889% 2,778,438.25 1.01147894%
<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% 17,336,666.82 6.31134175%
M 11,110,926.01 4.00001781% 11,095,400.22 4.03923450%
B-1 7,638,926.01 2.75007142% 7,628,251.80 2.77703347%
B-2 5,555,926.01 2.00017559% 5,548,162.47 2.01978557%
B-3 2,777,926.01 1.00007448% 2,774,044.29 1.00987933%
B-4 1,388,926.01 0.50002392% 1,386,985.20 0.50492622%
B-5 0.00 0.00000000% 0.00 0.00000000%
<FN>
Please refer to the Prospectus Supplement For A Full Description Of Loss Exposure
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
The Prudential Home Mortgage Securities Company, Inc.
Mortgage Pass-Through Certificates
Statements to Certificateholders
Record Date: 30-Apr-1996
Distribution Date: 28-May-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 44,753,184.12 0.99458151
A-2 74434UC51 6.87500 16,760,000.00 16,760,000.00 1.00000000
A-3 74434UC69 7.25000 37,500,000.00 37,268,824.04 0.99383531
A-4 74434UD35 2.47115 70,090,413.28 70,153,890.34 1.00090565
A-5 74434UC77 7.25000 14,793,800.00 14,633,169.16 0.98914202
A-6 74434UC85 7.25000 15,000,000.00 14,988,785.35 0.99925236
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 4,775,427.01 0.99925236
B-2 74434UD50 7.25000 3,186,000.00 3,183,618.01 0.99925236
B-3 74434UD68 7.25000 1,062,000.00 1,061,206.00 0.99925235
B-4 74434UD76 7.25000 2,125,000.00 2,123,411.26 0.99925236
B-5 74434UD84 7.25000 1,062,000.00 1,061,206.00 0.99925235
B-6 74434UD92 7.25000 1,062,196.34 1,061,402.20 0.99925236
</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 58,274.96 185,540.92 0.00 0.00 0.00 243,815.88
A-2 0.00 0.00 0.00 0.00 0.00 0.00
A-3 55,253.86 175,922.10 0.00 0.00 0.00 231,175.96
A-4 37,144.92 113,561.15 (214,183.12) 0.00 0.00 (63,477.06)
A-5 38,392.72 122,238.11 0.00 0.00 0.00 160,630.84
A-6 11,214.65 0.00 0.00 0.00 0.00 11,214.65
A-R 0.26 0.83 0.00 0.00 0.00 1.09
A-LR 0.26 0.83 0.00 0.00 0.00 1.09
B-1 3,572.99 0.00 0.00 0.00 0.00 3,572.99
B-2 2,381.99 0.00 0.00 0.00 0.00 2,381.99
B-3 794.00 0.00 0.00 0.00 0.00 794.00
B-4 1,588.74 0.00 0.00 0.00 0.00 1,588.74
B-5 794.00 0.00 0.00 0.00 0.00 794.00
B-6 678.44 0.00 0.00 0.00 115.70 678.44
<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-1 224,985.00 0.00 0.00 0.00 0.00
A-2 96,020.83 0.00 0.00 0.00 0.00
A-3 226,562.50 0.00 0.00 0.00 0.00
A-4 521,274.86 0.00 0.00 0.00 0.00
A-5 89,379.21 0.00 0.00 0.00 0.00
A-6 90,625.00 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 28,873.12 0.00 0.00 0.00 0.00
B-2 19,248.75 0.00 0.00 0.00 0.00
B-3 6,416.25 0.00 0.00 0.00 0.00
B-4 12,838.54 0.00 0.00 0.00 0.00
B-5 6,416.25 0.00 0.00 0.00 0.00
B-6 6,417.44 0.00 0.00 0.00 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INTEREST DISTRIBUTION
Remaining Ending
Cumulative Unpaid Certificate/Notional Realized Interest
Class Interest Shortfall Balance Losses (2) Distribution
<S> <C> <C> <C> <C>
A-1 0.00 44,753,184.12 0.00 224,985.00
A-2 0.00 16,760,000.00 0.00 96,020.83
A-3 0.00 37,268,824.04 0.00 226,562.50
A-4 0.00 225,064,520.96 0.00 521,274.86
A-5 0.00 14,633,169.16 0.00 89,379.21
A-6 0.00 14,988,785.35 0.00 90,625.00
A-R 0.00 98.91 0.00 0.60
A-LR 0.00 98.91 0.00 0.60
B-1 0.00 4,775,427.01 0.00 28,873.12
B-2 0.00 3,183,618.01 0.00 19,248.75
B-3 0.00 1,061,206.00 0.00 6,416.25
B-4 0.00 2,123,411.26 0.00 12,838.54
B-5 0.00 1,061,206.00 0.00 6,416.25
B-6 0.00 1,061,402.20 0.00 6,417.44
<FN>
(2) Amount Does Not Include Excess Special Hazard, Bankruptcy, Or Fraud Losses Unless Otherwise Disclosed.
Please Refer To The Prospectus Supplement For A Full Description.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
PREPAYMENT INTEREST SHORTFALL/SERVICING FEES
<S> <C>
Total Prepayment Interest Shortfall 49.32
Servicing Fee Support 49.32
Non-Supported Prepayment Interest Shortfall 0.00
Gross Servicing Fee 40,144.31
Supported Prepayment Interest Shortfall 49.32
Net Servicing Fee 40,094.99
</TABLE>
<TABLE>
<CAPTION>
SERVICER ADVANCES
<S> <C>
Beginning Balance 0.00
Current Period Advances By Servicer 26,441.85
Reimbursement of Advances 0.00
Ending Cumulative Advances 26,441.85
</TABLE>
<TABLE>
<CAPTION>
DELINQUENCY STATUS
Current Unpaid
Number of Number Of Principal
Days Loans Balance
<S> <C> <C>
30 Days 2 613,968.75
60 Days 0 0.00
90+ Days 0 0.00
Foreclosure 0 0.00
REO 0 0.00
Totals 2 613,968.75
</TABLE>
<TABLE>
<CAPTION>
ADDITIONAL DELINQUENCY STATUS INFORMATION
<S> <C>
Principal Balance of Contaminated Properties 0.00
Periodic Advance 237,689.35
Current Period Realized Loss - Includes Interest Shortfall 115.70
Cumulative Realized Losses - Includes Interest Shortfall 115.70
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Mixed Fixed
Weighted Average Gross Coupon 7.735036%
Weighted Average Pass-Through Rate 7.250000%
Weighted Average Maturity (Stepdown Calculation) 354 Months
Beginning Scheduled Collateral Loan Count 809
Number of Loans Paid in Full 1
Ending Scheduled Collateral Loan Count 808
Beginning Scheduled Collateral Balance 212,417,609.62
Ending Scheduled Collateral Balance 211,824,321.32
Ending Actual Collateral Balance at 30-Apr-1996 212,362,079.42
Monthly P&I Constant 1,528,350.34
</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 0.04720893%
Fraud 4,248,352.19 2.00000000% 4,248,352.19 2.00560170%
Special Hazard 2,143,632.20 1.00915936% 2,143,632.20 1.01198587%
<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% 13,266,270.48 6.26286462%
B-1 8,497,196.34 4.00023160% 8,490,843.47 4.00843653%
B-2 5,311,196.34 2.50035595% 5,307,225.46 2.50548446%
B-3 4,249,196.34 2.00039740% 4,246,019.46 2.00450044%
B-4 2,124,196.34 1.00000953% 2,122,608.20 1.00206066%
B-5 1,062,196.34 0.50005098% 1,061,402.20 0.50107664%
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>
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