- -------------------------------------------------------------------------------
     As filed with the Securities and Exchange Commission on September 2, 1997

- -------------------------------------------------------------------------------
                   
                        SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 8-A


                FOR REGISTRATION OF CERTAIN CLASSES OF SECURITIES
                     PURSUANT TO SECTION 12(b) OR (g) OF THE
                         SECURITIES EXCHANGE ACT OF 1934


                       COUNTRYWIDE CREDIT INDUSTRIES, INC.
             (Exact name of registrant as specified in its charter)


     Delaware  13-2641992  (State  of  incorporation  or  organization)  (I.R.S.
                          Employer Identification No.)


4500 Park Granada Boulevard
   Calabasas, California                                         91302
(Address of principal executive offices)                       (Zip Code)


                          COUNTRYWIDE HOME LOANS, INC.
       (Exact name of registrant's subsidiary as specified in its charter)


            New York                                          13-2631719
  (State of incorporation or organization) (I.R.S. Employer Identification No.)

   4500 Park Granada Boulevard
      Calabasas, California                                        91302  
(Address of principal executive offices)                        (Zip Code)







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                                   Page 1 of 3







     Securities to be registered pursuant to Section 12(b) of the Act:

Title of each class                               Name of each exchange on
to be so registered                        which each class is to be registered
    $25,000,000
Principal Amount of 7.23% Guaranteed
Medium Term Notes due 2008                        New York Stock Exchange


     If this Form relates to the  registration of a class of debt securities and
is effective upon filing pursuant to General Instruction A.(c)( 1), please check
the following box. [X]

     If this Form relates to the  registration of a class of debt securities and
is to become  effective  simultaneously  with the  effectiveness of a concurrent
registration  statement  under the  Securities  Act of 1933  pursuant to General
Instruction A.(c)(2), please check the following box. [ ]

     Securities to be registered pursuant to Section 12(g) of the Act:

                                      None
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                                (Title of class)

                         Exhibit Index Located at Page 2
























                               Page 1 of 3, cont.









Item 1.  Description of Registrant's Securities to be Registered.


     The notes being  registered  hereby have been  issued by  Countrywide  Home
Loans,  Inc.  ("CHL"),   the  wholly-owned   subsidiary  of  Countrywide  Credit
Industries,  Inc. ("Registrant").  The description of the notes contained in the
section captioned "Description of the Notes" on page S-4 of the Registrant's and
CHL's  Post-Effective  Amendment No. 1 to Form S-3 (Registration  Nos. 333-3835,
333-3835-01) and Post-Effective  Amendment No. 4 to Form S-3, (Registration Nos.
33-59559  and  33-59559-01),  filed with the SEC on March 26,  1997 and  Pricing
Supplement  No. 13 dated October 11, 1996 filed with the SEC on October 16, 1996
is incorporated herein by reference.


Item 2.  Exhibits.


     1.  Form  of  Medium-Term  Notes,  Series  E  (fixed-rate)  issued  by  CHL
(incorporated  by  reference  to  Exhibit  4.3 to Form  S-3  and  Post-Effective
Amendment  No.  1 to Form  S-3 of the  Registrant  and CHL -  Registration  Nos.
33-59559 and 33-59559-01) filed with the SEC on May 15, 1996.



























                                   Page 2 of 3










                                   SIGNATURES


     Pursuant to the  requirements of Section 12 of the Securities  Exchange Act
of 1934, the Registrant and CHL have duly caused this Registration  Statement to
be signed on its behalf by the  undersigned,  thereto duly  authorized,  on this
second day of September, 1997.



COUNTRYWIDE CREDIT INDUSTRIES, INC.



By:      /s/ Sandor E. Samuels
          ----------------------------
         Sandor E. Samuels
         Managing Director, Legal
         General Counsel and Secretary



COUNTRYWIDE HOME LOANS, INC.



By:      /s/ Sandor E. Samuels   
          ----------------------------
         Sandor E. Samuels
         Managing Director, Legal,
         General Counsel and Secretary
















                                   Page 3 of 3