<PAGE>
- -------------------------------------------------------------------------------




                       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 (Date of earliest event reported) March 29, 1996

                    First Alliance Mortgage Loan Trust 1996-1
             (Exact name of registrant as specified in its charter)



         Delaware                      33-91148            Application Pending
- ---------------------------          --------------       --------------------
(State or Other Jurisdiction          (Commission            (I.R.S. Employer
     of Incorporation)                File Number)         Identification No.)



       c/o Prudential Securities                                  10292
           Secured Financing                                 ---------------
              Corporation                                      (Zip Code)
       Attention: Norman Chaleff                             
          One New York Plaza
          New York, New York
         (Address of Principal
           Executive Offices



Registrant's telephone number, including area code (212) 778-1000
                                                    -------------

                                    No Change
    ------------------------------------------------------------------------
          (Former name or former address, if changed since last report)


- -------------------------------------------------------------------------------


<PAGE>

         Item 5.           Other Events.
                           -------------

                  In  connection  with the  offering  of  Mortgage  Pass-Through
Certificates,  Series 1996-1,  described in a Prospectus  Supplement dated as of
March 28, 1996, certain "Computational Materials" within the meanings of the May
20, 1994  Kidder,  Peabody No- Action  Letter and the  February  17, 1995 Public
Securities  Association  No-Action Letter were furnished to certain  prospective
investors (the "Related Computational Materials").

         Item 7.           Financial Statements, Pro Forma Financial Information
                           -----------------------------------------------------
                           and Exhibits.
                           ------------

         (a)               Not applicable

         (b)               Not applicable

         (c)               Exhibit 99.1.  Related Computational Materials (as 
                           defined in Item 5 above).
                           



<PAGE>

                                   SIGNATURES


                  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.

                         FIRST ALLIANCE MORTGAGE LOAN TRUST 1996-1

                         By:      Prudential Securities Secured Financing
                                  Corporation, as Depositor


                                  By: /s/Norman Chaleff
                                      ------------------------------
                                      Name:  Norman Chaleff
                                      Title: Vice President




Dated:  April 2, 1996





<PAGE>
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{"company-data": {"conformed-name": "PRUDENTIAL SECURITIES SECURED FINANCING CORP", "cik": "0000839849", "assigned-sic": "6189", "irs-number": "133526694", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "033-84918", "film-number": "96543758"}, "business-address": {"street1": "ONE NEW YORK PLAZA", "street2": "15TH FLOOR", "city": "NEW YORK", "state": "NY", "zip": "10292", "phone": "2122141000"}, "mail-address": {"street1": "ONE SEAPORT PLAZA", "street2": "26TH FLOOR", "city": "NEW YORK", "state": "NY", "zip": "10292"}, "former-company": {"former-conformed-name": "PB SECURED FINANCING CORP", "date-changed": "19910819"}}
- -------------------------------------------------------------------------------

                       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 (Date of earliest event reported) March 29, 1996

                    First Alliance Mortgage Loan Trust 1996-1
             (Exact name of registrant as specified in its charter)

         Delaware                      33-91148            Application Pending
- ---------------------------          --------------       --------------------
(State or Other Jurisdiction          (Commission            (I.R.S. Employer
     of Incorporation)                File Number)         Identification No.)

       c/o Prudential Securities                                  10292
           Secured Financing                                 ---------------
              Corporation                                      (Zip Code)
       Attention: Norman Chaleff                             
          One New York Plaza
          New York, New York
         (Address of Principal
           Executive Offices

Registrant's telephone number, including area code (212) 778-1000
                                                    -------------

                                    No Change
    ------------------------------------------------------------------------
          (Former name or former address, if changed since last report)

- -------------------------------------------------------------------------------
Item 5.           Other Events.
                           -------------

                  In  connection  with the  offering  of  Mortgage  Pass-Through
Certificates,  Series 1996-1,  described in a Prospectus  Supplement dated as of
March 28, 1996, certain "Computational Materials" within the meanings of the May
20, 1994  Kidder,  Peabody No- Action  Letter and the  February  17, 1995 Public
Securities  Association  No-Action Letter were furnished to certain  prospective
investors (the "Related Computational Materials").

         Item 7.           Financial Statements, Pro Forma Financial Information
                           -----------------------------------------------------
                           and Exhibits.
                           ------------

         (a)               Not applicable

         (b)               Not applicable

         (c)               Exhibit 99.1.  Related Computational Materials (as 
                           defined in Item 5 above).
SIGNATURES

                  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.

                         FIRST ALLIANCE MORTGAGE LOAN TRUST 1996-1

                         By:      Prudential Securities Secured Financing
                                  Corporation, as Depositor

                                  By: /s/Norman Chaleff
                                      ------------------------------
                                      Name:  Norman Chaleff
                                      Title: Vice President

Dated:  April 2, 1996