-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: keymaster@town.hall.org
Originator-Key-Asymmetric:
 MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq
 pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ==
MIC-Info: RSA-MD5,RSA,
 EHGpkrY/OJd3Pd9aA+dK3unWsiMrsQocaNLkqs6Fg+ABEx55bQUzH+S3AX3fb3zk
 h3lWM9qbnd6s83t69vE6EQ==

<IMS-DOCUMENT>0000895345-94-000029.txt : 19940810
<IMS-HEADER>0000895345-94-000029.hdr.sgml : 19940810
ACCESSION NUMBER:		0000895345-94-000029
CONFORMED SUBMISSION TYPE:	424B3
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19940809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			COUNTRYWIDE CREDIT INDUSTRIES INC
		CENTRAL INDEX KEY:			0000025191
		STANDARD INDUSTRIAL CLASSIFICATION:	6162
		IRS NUMBER:				954083087
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0228

	FILING VALUES:
		FORM TYPE:		424B3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	033-50661
		FILM NUMBER:		94542462

	BUSINESS ADDRESS:	
		STREET 1:		155 NORTH LAKE AVE
		CITY:			PASADENA
		STATE:			CA
		ZIP:			91101-1857
		BUSINESS PHONE:		8183048400

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			COUNTRYWIDE FUNDING CORP
		CENTRAL INDEX KEY:			0000814509
		STANDARD INDUSTRIAL CLASSIFICATION:	6189
		IRS NUMBER:				954083087
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			0228

	FILING VALUES:
		FORM TYPE:		424B3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	033-50661-01
		FILM NUMBER:		94542463

	BUSINESS ADDRESS:	
		STREET 1:		155 N LAKE AVE
		CITY:			PASADENA
		STATE:			CA
		ZIP:			91109-7137
		BUSINESS PHONE:		8183048400
</IMS-HEADER>
<DOCUMENT>
<TYPE>424B3
<SEQUENCE>1
<DESCRIPTION>PRICING SUPPLEMENT
<TEXT>

Rule 424(b)(3)
File No. 33-50661
PRICING SUPPLEMENT NO. 11 DATED AUGUST 3, 1994
(To Prospectus Dated October 29, 1993 as Supplemented October 29, 1993)
COUNTRYWIDE FUNDING CORPORATION
Medium-Term Notes, Series C
Due from 9 months to 30 years from Date of Issue
Payment of the Principal, Premium, if any,
and Interest on the Notes is Unconditionally
Guaranteed by
COUNTRYWIDE CREDIT INDUSTRIES, INC.
Fixed-Rate Notes
	

Trade Date:
August 3, 1994
Issue Price:
100%
Original Issue Date:
August 9, 1994
Stated Maturity Date:
August 9, 2001
Interest Payment Dates:
Every 1/15, 7/15

	
                                                   Interest
                                                     Rate
  Range of Maturities                             Per Annum
From 9 months to less than 1 year....................    %
From 1 year to less than 18 months...................    %
From 18 months to less than 2 years..................    %
From 2 years to less than 3 years....................    %
From 3 years to less than 4 years....................    %
From 4 years to less than 5 years....................    %
From 5 years to less than 6 years....................    %
From 6 years to less than 7 years....................    %
From 7 years to less than 10 years...................7.73%
From 10 years to less than 15 years..................    %
From 15 years to less than 20 years..................    %
From 20 years up to and including 30 years...........    %
Book-Entry:	[x]
Certificated:	[ ]
Total Amount of OID:  N/A
Initial Accrual Period OID:  N/A
Yield to Maturity:  N/A
Minimum Denomination:  $100,000.00
Specified Currency:  U.S. Dollars
Exchange Rate Agent:  N/A
Redemption:
Check Box opposite applicable paragraph.
[x]	The Notes cannot be redeemed prior to maturity.
[ ]	The Notes may be redeemed prior to maturity.
Initial Redemption Date:
Initial Redemption Percentage:
Annual Redemption Percentage Reduction:
Special Redemption Provisions:
Additional Terms:	None


<PAGE>
Rule 424(b)(3)
File No. 33-50661
PRICING SUPPLEMENT NO. 12 DATED AUGUST 3, 1994
(To Prospectus Dated October 29, 1993 as Supplemented October 29, 1993)
COUNTRYWIDE FUNDING CORPORATION
Medium-Term Notes, Series C
Due from 9 months to 30 years from Date of Issue
Payment of the Principal, Premium, if any,
and Interest on the Notes is Unconditionally
Guaranteed by
COUNTRYWIDE CREDIT INDUSTRIES, INC.
Fixed-Rate Notes
	

Trade Date:
August 3, 1994
Issue Price:
100%
Original Issue Date:
August 9, 1994
Stated Maturity Date:
August 9, 2001
Interest Payment Dates:
Every 1/15, 7/15

	
                                                   Interest
                                                     Rate
   Range of Maturities                            Per Annum
From 9 months to less than 1 year....................    %
From 1 year to less than 18 months...................    %
From 18 months to less than 2 years..................    %
From 2 years to less than 3 years....................    %
From 3 years to less than 4 years....................    %
From 4 years to less than 5 years....................    %
From 5 years to less than 6 years....................    %
From 6 years to less than 7 years....................    %
From 7 years to less than 10 years...................7.70%
From 10 years to less than 15 years..................    %
From 15 years to less than 20 years..................    %
From 20 years up to and including 30 years...........    %
Book-Entry:	[x]
Certificated:	[ ]
Total Amount of OID:  N/A
Initial Accrual Period OID:  N/A
Yield to Maturity:  N/A
Minimum Denomination:  $100,000.00
Specified Currency:  U.S. Dollars
Exchange Rate Agent:  N/A
Redemption:
Check Box opposite applicable paragraph.
[x]	The Notes cannot be redeemed prior to maturity.
[ ]	The Notes may be redeemed prior to maturity.
Initial Redemption Date:
Initial Redemption Percentage:
Annual Redemption Percentage Reduction:
Special Redemption Provisions:
Additional Terms:	None


<PAGE>
Rule 424(b)(3)
File No. 33-50661
PRICING SUPPLEMENT NO. 13 DATED AUGUST 3, 1994
(To Prospectus Dated October 29, 1993 as Supplemented October 29, 1993)
COUNTRYWIDE FUNDING CORPORATION
Medium-Term Notes, Series C
Due from 9 months to 30 years from Date of Issue
Payment of the Principal, Premium, if any,
and Interest on the Notes is Unconditionally
Guaranteed by
COUNTRYWIDE CREDIT INDUSTRIES, INC.
Fixed-Rate Notes
	

Trade Date:
August 3, 1994
Issue Price:
100%
Original Issue Date:
August 9, 1994
Stated Maturity Date:
August 9, 2001
Interest Payment Dates:
Every 1/15, 7/15

	
                                                   Interest
                                                     Rate
    Range of Maturities                           Per Annum
From 9 months to less than 1 year....................    %
From 1 year to less than 18 months...................    %
From 18 months to less than 2 years..................    %
From 2 years to less than 3 years....................    %
From 3 years to less than 4 years....................    %
From 4 years to less than 5 years....................    %
From 5 years to less than 6 years....................    %
From 6 years to less than 7 years....................    %
From 7 years to less than 10 years...................7.72%
From 10 years to less than 15 years..................    %
From 15 years to less than 20 years..................    %
From 20 years up to and including 30 years...........    %
Book-Entry:	[x]
Certificated:	[ ]
Total Amount of OID:  N/A
Initial Accrual Period OID:  N/A
Yield to Maturity:  N/A
Minimum Denomination:  $100,000.00
Specified Currency:  U.S. Dollars
Exchange Rate Agent:  N/A
Redemption:
Check Box opposite applicable paragraph.
[x]	The Notes cannot be redeemed prior to maturity.
[ ]	The Notes may be redeemed prior to maturity.
Initial Redemption Date:
Initial Redemption Percentage:
Annual Redemption Percentage Reduction:
Special Redemption Provisions:
Additional Terms:	None


<PAGE>
Rule 424(b)(3)
File No. 33-50661
PRICING SUPPLEMENT NO. 14 DATED AUGUST 3, 1994
(To Prospectus Dated October 29, 1993 as Supplemented October 29, 1993)
COUNTRYWIDE FUNDING CORPORATION
Medium-Term Notes, Series C
Due from 9 months to 30 years from Date of Issue
Payment of the Principal, Premium, if any,
and Interest on the Notes is Unconditionally
Guaranteed by
COUNTRYWIDE CREDIT INDUSTRIES, INC.
Fixed-Rate Notes
	

Trade Date:
August 3, 1994
Issue Price:
100%
Original Issue Date:
August 9, 1994
Stated Maturity Date:
August 9, 2001
Interest Payment Dates:
Every 1/15, 7/15

	
                                                   Interest
                                                     Rate
     Range of Maturities                          Per Annum
From 9 months to less than 1 year....................    %
From 1 year to less than 18 months...................    %
From 18 months to less than 2 years..................    %
From 2 years to less than 3 years....................    %
From 3 years to less than 4 years....................    %
From 4 years to less than 5 years....................    %
From 5 years to less than 6 years....................    %
From 6 years to less than 7 years....................    %
From 7 years to less than 10 years...................7.69%
From 10 years to less than 15 years..................    %
From 15 years to less than 20 years..................    %
From 20 years up to and including 30 years...........    %
Book-Entry:	[x]
Certificated:	[ ]
Total Amount of OID:  N/A
Initial Accrual Period OID:  N/A
Yield to Maturity:  N/A
Minimum Denomination:  $100,000.00
Specified Currency:  U.S. Dollars
Exchange Rate Agent:  N/A
Redemption:
Check Box opposite applicable paragraph.
[x]	The Notes cannot be redeemed prior to maturity.
[ ]	The Notes may be redeemed prior to maturity.
Initial Redemption Date:
Initial Redemption Percentage:
Annual Redemption Percentage Reduction:
Special Redemption Provisions:
Additional Terms:	None


<PAGE>
Rule 424(b)(3)
File No. 33-50661
PRICING SUPPLEMENT NO. 15 DATED AUGUST 3, 1994
(To Prospectus Dated October 29, 1993 as Supplemented October 29, 1993)
COUNTRYWIDE FUNDING CORPORATION
Medium-Term Notes, Series C
Due from 9 months to 30 years from Date of Issue
Payment of the Principal, Premium, if any,
and Interest on the Notes is Unconditionally
Guaranteed by
COUNTRYWIDE CREDIT INDUSTRIES, INC.
Fixed-Rate Notes
	

Trade Date:
August 3, 1994
Issue Price:
100%
Original Issue Date:
August 9, 1994
Stated Maturity Date:
August 9, 2001
Interest Payment Dates:
Every 1/15, 7/15

	
                                                   Interest
                                                     Rate
     Range of Maturities                          Per Annum
From 9 months to less than 1 year....................    %
From 1 year to less than 18 months...................    %
From 18 months to less than 2 years..................    %
From 2 years to less than 3 years....................    %
From 3 years to less than 4 years....................    %
From 4 years to less than 5 years....................    %
From 5 years to less than 6 years....................    %
From 6 years to less than 7 years....................    %
From 7 years to less than 10 years...................7.72%
From 10 years to less than 15 years..................    %
From 15 years to less than 20 years..................    %
From 20 years up to and including 30 years...........    %
Book-Entry:	[x]
Certificated:	[ ]
Total Amount of OID:  N/A
Initial Accrual Period OID:  N/A
Yield to Maturity:  N/A
Minimum Denomination:  $100,000.00
Specified Currency:  U.S. Dollars
Exchange Rate Agent:  N/A
Redemption:
Check Box opposite applicable paragraph.
[x]	The Notes cannot be redeemed prior to maturity.
[ ]	The Notes may be redeemed prior to maturity.
Initial Redemption Date:
Initial Redemption Percentage:
Annual Redemption Percentage Reduction:
Special Redemption Provisions:
Additional Terms:	None


<PAGE>
Rule 424(b)(3)
File No. 33-50661
PRICING SUPPLEMENT NO. 16 DATED AUGUST 3, 1994
(To Prospectus Dated October 29, 1993 as Supplemented October 29, 1993)
COUNTRYWIDE FUNDING CORPORATION
Medium-Term Notes, Series C
Due from 9 months to 30 years from Date of Issue
Payment of the Principal, Premium, if any,
and Interest on the Notes is Unconditionally
Guaranteed by
COUNTRYWIDE CREDIT INDUSTRIES, INC.
Fixed-Rate Notes
	

Trade Date:
August 3, 1994
Issue Price:
100%
Original Issue Date:
August 9, 1994
Stated Maturity Date:
August 9, 2001
Interest Payment Dates:
Every 1/15, 7/15

	
                                                   Interest
                                                     Rate
     Range of Maturities                          Per Annum
From 9 months to less than 1 year....................    %
From 1 year to less than 18 months...................    %
From 18 months to less than 2 years..................    %
From 2 years to less than 3 years....................    %
From 3 years to less than 4 years....................    %
From 4 years to less than 5 years....................    %
From 5 years to less than 6 years....................    %
From 6 years to less than 7 years....................    %
From 7 years to less than 10 years...................7.71%
From 10 years to less than 15 years..................    %
From 15 years to less than 20 years..................    %
From 20 years up to and including 30 years...........    %
Book-Entry:	[x]
Certificated:	[ ]
Total Amount of OID:  N/A
Initial Accrual Period OID:  N/A
Yield to Maturity:  N/A
Minimum Denomination:  $100,000.00
Specified Currency:  U.S. Dollars
Exchange Rate Agent:  N/A
Redemption:
Check Box opposite applicable paragraph.
[x]	The Notes cannot be redeemed prior to maturity.
[ ]	The Notes may be redeemed prior to maturity.
Initial Redemption Date:
Initial Redemption Percentage:
Annual Redemption Percentage Reduction:
Special Redemption Provisions:
Additional Terms:	None


<PAGE>
Rule 424(b)(3)
File No. 33-50661
PRICING SUPPLEMENT NO. 17 DATED AUGUST 3, 1994
(To Prospectus Dated October 29, 1993 as Supplemented October 29, 1993)
COUNTRYWIDE FUNDING CORPORATION
Medium-Term Notes, Series C
Due from 9 months to 30 years from Date of Issue
Payment of the Principal, Premium, if any,
and Interest on the Notes is Unconditionally
Guaranteed by
COUNTRYWIDE CREDIT INDUSTRIES, INC.
Fixed-Rate Notes
	

Trade Date:
August 3, 1994
Issue Price:
100%
Original Issue Date:
August 10, 1994
Stated Maturity Date:
August 10, 2001
Interest Payment Dates:
Every 1/15, 7/15

	
                                                   Interest
                                                     Rate
     Range of Maturities                          Per Annum
From 9 months to less than 1 year....................    %
From 1 year to less than 18 months...................    %
From 18 months to less than 2 years..................    %
From 2 years to less than 3 years....................    %
From 3 years to less than 4 years....................    %
From 4 years to less than 5 years....................    %
From 5 years to less than 6 years....................    %
From 6 years to less than 7 years....................    %
From 7 years to less than 10 years...................7.75%
From 10 years to less than 15 years..................    %
From 15 years to less than 20 years..................    %
From 20 years up to and including 30 years...........    %
Book-Entry:	[x]
Certificated:	[ ]
Total Amount of OID:  N/A
Initial Accrual Period OID:  N/A
Yield to Maturity:  N/A
Minimum Denomination:  $100,000.00
Specified Currency:  U.S. Dollars
Exchange Rate Agent:  N/A
Redemption:
Check Box opposite applicable paragraph.
[x]	The Notes cannot be redeemed prior to maturity.
[ ]	The Notes may be redeemed prior to maturity.
Initial Redemption Date:
Initial Redemption Percentage:
Annual Redemption Percentage Reduction:
Special Redemption Provisions:
Additional Terms:	None

	
</TEXT>
</DOCUMENT>
</IMS-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----