Item 1. Business.
Omitted pursuant to the no action letter to the registrant from the Office of Chief Counsel of the Division of Corporation Finance, Securities and Exchange Commission dated June 17, 1988 (the "No Action Letter") with respect to series of mortgage pass-through certificates (collectively, the "Mortgage Pass- Through Certificates"), each series being issued pursuant to a Pooling and Servicing Agreement (collectively, the "Pooling and Servicing Agreements") between the registrant, a servicer or master servicer, a trustee and in some instances a certificate administrator.
Item 2.
Item 2. Properties.
In lieu of information required by Item 102 of Regulation S-K, the annual statements as to the compliance by the master servicer or servicer with respect to the servicing activities under the Pooling and Servicing Agreements or related servicing agreements during 1996 (collectively, the "Annual Statements of Compliance") are attached or will be provided hereto as Exhibit 99.2 and are incorporated by reference herein.
Item 3.
Item 3. Legal Proceedings.
In January 1997, the registrant and others were served with a complaint in a purported class action filed on November 18, 1996 in the Superior Court of New Jersey, Essex County Law Division, The Capital Life Insurance Co. v. The Prudential Insurance Company of America et al., Esx-L-13045-96. The complaint asserts claims against the registrant, The Prudential Home Mortgage Company, Inc. ("PHMC") and certain of their present and former affiliates for common law fraud, negligent misrepresentation and violations of the New Jersey RICO statute arising out of the plaintiff's purchase of Prudential Home Thirty- Year Mortgage Trust 1992-A, Subordinated Mortgage Securities, Series 1992-A (the "Securities") and seeks compensatory and punitive damages and injunctive relief. The complaint alleges that the defendants and dealers misrepresented and concealed material facts relating to the quality and likely performance of the Securities, including among other things the selection of assets underlying the Securities, financial models and projections used, default and loss experience, sufficiency of credit support, loan-to-value ratios, quality of underwriting standards, ability to affect the existence, timing, amount and reporting of defaults and losses, and payment terms. The registrant, PHMC and affiliated defendants will deny the substantive allegations of the complaint in their answer and will vigorously defend the lawsuit. The case is at a preliminary stage, and the registrant is not now in a position to predict the outcome or effect of the litigation.
The registrant knows of no other material pending legal proceedings involving the trust estates created under the Pooling and Servicing Agreements (the "Trusts"), the trustee, any master servicer, certificate administrator, the servicers or the registrant with respect to the Trusts other than routine litigation incidental to the duties of the respective parties under the Pooling and Servicing Agreements or related servicing agreements.
Item 4.
Item 4. Submission of Matters to a Vote of Security Holders.
None.
PART II
Item 5.
Item 5. Market for Registrant's Common Equity and Related Stockholder Matters.
(a) There is no established public trading market for the Mortgage Pass-Through Certificates.
(b) As of December 31, 1996, the total number of holders of the publicly-offered Mortgage Pass-Through Certificates for all classes within each series of Mortgage Pass-Through Certificates sold during 1996 was as follows:
	 Series Number of Holders
	1992-47, A-16	 1	 	1992-50, A-7	 3 	1993-11, A-11	 1 	1994-21, A-9	 2	 	1994-29, A-8	 10 	1996-1 14 	1996-2 51 	1996-3 17 	1996-4 20 	1996-5 49 	1996-6 18 	1996-7 24 	1996-8	 	 22 	 (c) Omitted pursuant to the No Action Letter.
Item 6.
Item 6. Selected Financial Data.
Omitted pursuant to the No Action Letter.
Item 7.
Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations.
Omitted pursuant to the No Action Letter.
Item 8.
Item 8. Financial Statements and Supplementary Data.
In lieu of the information required by Item 8, the annual reports prepared by independent public accountants (collectively the "Annual Independent Accountants' Servicing Reports") concerning master servicing or servicing activities under the Pooling and Servicing Agreements or related servicing agreements during 1996 and the Annual Statements of Compliance are or will be provided as Exhibits 99.1 and 99.2, respectively, and are incorporated by reference herein.
Item 9.
Item 9. Changes in and Disagreements with Accountants on
Accounting and Financial Disclosure.
Not Applicable
PART III
Item 10.
Item 10. Directors and Executive Officers of the Registrant.
Omitted pursuant to the No Action Letter.
Item 11.
Item 11. Executive Compensation.
Omitted pursuant to the No Action Letter.
Item 12.
Item 12. Security Ownership of Certain Beneficial Owners and Management.
Omitted pursuant to the No Action Letter.
Item 13.
Item 13. Certain Relationships and Related Transactions.
Omitted pursuant to the No Action Letter.
PART IV
Item 14.
Item 14. Exhibits, Financial Statement Schedules and Reports on Form 8-K
	(a) Exhibits
	The following exhibits are or will be provided:
	99.1 	Annual Independent Accountants' Servicing Reports 	concerning servicing activities under the Pooling and 	Servicing Agreements or related servicing agreements 	for the year ended December 31, 1996 of:
	(1)	GMAC Mortgage Corporation of PA 	(2)	FBS Mortgage Corporation 	(3)	Countrywide Home Loans 	(4)	The Huntington Mortgage Co. 	(5)	Matrix Financial Services 	(6)	NationsBank Mortgage Corp. 	(7)	Home Side Lending 	(8)	Columbia Equities, LTD 	(9)	Great Financial Mortgage 	(10)	National City Mortgage Company 	(11)	American Home Funding, Inc. 	(12)	SunTrust Mortgage Corporation 	(13)	International Savings & Loan of Hawaii	 	(14)	First Union Mortgage Corporation 	(15)	Barnett Mortgage Company 	(16)	Bank of Hawaii 	(17)	Citicorp Mortgage, Inc. 	(18)	The Prudential Home Mortgage Company, Inc. 	(19)	Norwest Mortgage Inc. 	
	99.2 Annual Statements of Compliance concerning servicing 		activitiesunder the Pooling and Servicing Agreements or 		related servicing agreements for the year ended 		December 31, 1996 of:
	(1)	GMAC Mortgage Corporation of PA 	(2)	FBS Mortgage Corporation 	(3)	Countrywide Home Loans 	(4)	The Huntington Mortgage Co. 	(5)	Matrix Financial Services 	(6)	NationsBank Mortgage Corp. 	(7)	Home Side Lending 	(8)	Columbia Equities, LTD 	(9)	Great Financial Mortgage 	(10)	National City Mortgage Company 	(11)	American Home Funding, Inc. 	(12)	SunTrust Mortgage Corporation 	(13)	International Savings & Loan of Hawaii	 	(14)	First Union Mortgage Corporation 	(15)	Barnett Mortgage Company 	(16)	Bank of Hawaii 	(17)	Citicorp Mortgage, Inc. 	(18)	The Prudential Home Mortgage Company, Inc. 	(19)	Norwest Mortgage Inc.
	(b) On March 11, 1996, report on Form 8-K was filed in 		order to provide the Pooling and Servicing Agreement for 		Mortgage Pass-Through Certificates of Series 1996-01.
		On March 29, 1996, report on Form 8-K was filed in order 		to provide Amendment No.3 to the Pooling and Servicing 		Agreement for Mortgage Pass-Through Certificates of 		Series 1994-29 Class A-8.
		On April 16, 1996, reports on Form 8-K were filed in order 		to provide the Pooling and Servicing Agreements for Mortgage 		Pass-Through Certificates of Series 1996-02 and 1996-03.
		On May 1, 1996, report on Form 8-K was filed in order 		to provide Amendment No.1 to the Pooling and Servicing 		Agreement for Mortgage Pass-Through Certificates of 		Series 1994-21 Class A-9.
		On May 3, 1996, report on Form 8-K was filed in order 		to provide Amendment No.3 to the Pooling and Servicing 		Agreement for Mortgage Pass-Through Certificates of 		Series 1992-47 Class A-16.
		On May 3, 1996, report on Form 8-K was filed in order 		to provide Amendment No.1 to the Pooling and Servicing 		Agreement for Mortgage Pass-Through Certificates of 		Series 1992-50 Class A-7.
		On May 3, 1996, report on Form 8-K was filed in order 		to provide Amendment No.1 to the Pooling and Servicing 		Agreement for Mortgage Pass-Through Certificates of 		Series 1993-11 Class A-11.
		On May 4, 1996, report on Form 8-K was filed in order 		to provide the Pooling and Servicing Agreement for Mortgage 		Pass-Through Certificates of Series 1996-04.
		On May 4, 1996, report on Form 8-K was filed in order 		to provide the Pooling and Servicing Agreement for Mortgage 		Pass-Through Certificates of Series 1996-05.
		On July 3, 1996, report on Form 8-K was filed in order 		to provide the Pooling and Servicing Agreement for Mortgage 		Pass-Through Certificates of Series 1996-06.
		On July 11, 1996, reports on Form 8-K were filed in order 		to provide the Pooling and Servicing Agreement for Mortgage 		Pass-Through Certificates of Series 1996-07 and 1996-08. 		 	(c) Omitted pursuant to the No Action Letter.
	(d) Omitted pursuant to the No Action Letter.
				SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized:
THE PRUDENTIAL HOME MORTGAGE SECURITIES COMPANY, INC.
By: /s/ RUSSELL B. MELLOTT Name: Russell B. Mellott Title: President, Chief Executive Officer and Director Dated: March 31, 1997
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By: /s/ RUSSELL B. MELLOTT Name: Russell B. Mellott Title: President, Chief Executive Officer & Director Dated: March 31, 1997
By: /s/ GARY D. TRABKA Name: Gary D. Trabka Title: Director Dated: March 31, 1997
By: /s/ WILLIAM E. SCHMID Name: William E. Schmid Title: Director Dated: March 31, 1997
By: /s/ JOHN R. CRITCHFIELD Name: John R. Critchfield Title: Comptroller / Principal Accounting Officer Dated: March 31, 1997
By: /s/ DANIEL H. ROSEN Name: Daniel H. Rosen Title: Treasurer / Principal Financial Officer Dated: March 31, 1997
SUPPLEMENTAL INFORMATION TO BE FURNISHED WITH REPORTS FILED PURSUANT TO SECTION 15(d) OF THE ACT BY REGISTRANTS WHICH HAVE NOT REGISTERED SECURITIES PURSUANT TO SECTION 12 OF THE ACT
	(a)(1) No annual report is provided to the Certificateholders. 	Monthly statements are provided with respect to aggregate 	principal and interest distributions.
	(a)(2) No proxy statement, form of proxy or other proxy 	soliciting material has been sent to any Certificateholder with 	respect to any annual or other meeting of Certificateholders.
				EXHIBIT INDEX
Exhibit No.
99.1 Annual Independent Accountants' Servicing Reports 	concerning servicing activities under the Pooling and Servicing 	Agreements or related servicing agreements for the year ended 	December 31, 1996 to be provided as received.
99.2 Annual Statements of Compliance under the Pooling and 	Servicing Agreements or related servicing agreements 	for the year ended December 31, 1996 to be provided as received.