Rule 424(b)(3)
                                            File Nos. 333-82583 and 333-82583-01

                                                                  Rule 424(b)(3)
                                            File Nos. 333-82583 and 333-82583-01


PRICING SUPPLEMENT NO. 23 DATED November 10, 2000
(To Prospectus Dated June 8, 2000, as Supplemented June 15, 2000)

                          COUNTRYWIDE HOME LOANS, INC.
                           Medium-Term Notes, Series I
                   due Nine Months or More from Date of Issue
                     Payment of Principal, Premium, if any,
              and Interest Fully and Unconditionally Guaranteed by
                       COUNTRYWIDE CREDIT INDUSTRIES, INC.
                               Floating Rate Notes


Trade Date:                November 10, 2000                  Book Entry:    |x|
Issue Price:               Variable                           Certificated:  |_|
Original Issue Date:       November 15, 2000  Principal Amount:     $150,000,000
Stated Maturity Date:      November 15, 2001  Net Proceeds:         $149,962,500
                                              Specified Currency:   U.S. Dollars

     Base Rate(s): |_| CD Rate |_| Eleventh District |_| Prime Rate
                                                              Cost of Funds Rate
     |_| Commercial Paper Rate |_| Federal Funds Rate |_| Treasury Rate
     |_| CMT Rate |x| LIBOR |_| Other
                               Telerate Page 3750

Exchange Rate Agent:       N/A

Minimum Denomination:      $1,000     Maximum Interest Rate:                 N/A
     Initial Interest Rate: 6.884% Minimum Interest Rate: N/A
     Interest  Determination  Dates:  Two London  Business Days Interest  Factor
Convention: N/A
                               prior to each Interest
                               Payment Date
                                             Index Maturity:            3 months
     Interest  Reset  Dates:  Same as Interest  Payment  Dates  Spread  (plus or
minus): plus 12.5 basis points
     Interest Payment Dates:  Quarterly,  on the 15th day of Spread  Multiplier:
N/A
                           February, May, August and
                           November.
                                      Fixed Rate Commencement Date:          N/A
                                      Fixed Interest Rate:                   N/A

Agent:        Deutsche Banc Alex.Brown, as principal
Calculation Agent:        The Bank of New York

Redemption:                                               Repayment:

     Check box opposite  applicable  paragraph:  Check box  opposite  applicable
paragraph:
     |X| The Notes cannot be redeemed prior to maturity. |X| The Notes cannot be
repaid prior to maturity.
     |_| The  Notes  may be  redeemed  prior to  maturity.  |_| The Notes may be
repaid prior to maturity.
     Initial Redemption Date:                          Optional Repayment Dates:
     Initial Redemption Percentage:
     Annual Redemption Percentage Reduction, if any:

Additional/Other Terms:             N/A



         The Notes to which this  Pricing  Supplement  relates  will  constitute
unsecured and  unsubordinated  indebtedness  of Countrywide  Home Loans and will
rank equally with  Countrywide  Home Loan's other  unsecured and  unsubordinated
indebtedness.  As of August 31, 2000, Countrywide Credit Industries did not have
any secured indebtedness outstanding, and Countrywide Home Loans had $19,455,000
aggregate principal amount of secured indebtedness outstanding, all of which was
short-term   indebtedness.   As  of  that  date,   Countrywide  Home  Loans  had
$9,115,685,000  aggregate  principal  amount  of  unsecured  and  unsubordinated
indebtedness  outstanding,  which  indebtedness  ranked  equally  with the other
unsecured and  unsubordinated  indebtedness  of Countrywide  Home Loans and will
rank equally with the Notes to which this Pricing Supplement relates.