Rule 424(b)(3)
                                            File Nos. 333-55536 and 333-55536-01


PRICING SUPPLEMENT NO.23 DATED July 24, 2001
(To Prospectus Dated March 13, 2001, as Supplemented March 15, 2001)

                          COUNTRYWIDE HOME LOANS, INC.
                           Medium-Term Notes, Series J
                   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:                July 24, 2001                      Book Entry:    |x|
Issue Price:               100%                               Certificated:  |_|
     Original Issue Date: July 26, 2001 Principal Amount: $50,000,000.00
     Stated Maturity Date: July 26, 2002 Net Proceeds: $49,987,500.00
                                             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: 3.80% 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 10 basis points
     Interest Payment Dates:  Quarterly,  on the 26th of each Spread Multiplier:
N/A
                           January, April, July and
                           October , commencing on October
                           26, 2001
                                      Fixed Rate Commencement Date:          N/A
                                      Fixed Interest Rate:                   N/A

Agent:        Banc One Capital Markets, Inc.., 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 May 31, 2001, Countrywide Credit Industries did not have any
secured indebtedness outstanding, and Countrywide Home Loans had $13,106,000
aggregate principal amount of secured indebtedness outstanding, all of which was
short-term indebtedness. As of that date, Countrywide Home Loans had
$12,151,677,773 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.