212-820-8103

February 21, 
1995


(FAX:  212-820-8586

Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C.  20549

RE:	Countrywide Funding Corporation
Countrywide Credit Industries, Inc.
Registration Statement on Form S-3
(Reg. No. 33-50661)		
Ladies and Gentlemen:

	Transmitted herewith for filing at the request of 
Countrywide Credit Industries, Inc., a Delaware corporation (the 
"Guarantor") and its wholly owned subsidiary, Countrywide Funding 
Corporation, a New York corporation (the "Company"), pursuant to 
Rule 424(b)(3) under the Securities Act of 1933, as amended (the 
"Act"), and the Electronic Data Gathering, Analysis and Retrieval 
("EDGAR") System of the Securities and Exchange Commission, is 
Pricing Supplement No. 28 to the Registration Statement on Form 
S-3 (the "Registration Statement") covering the registration 
under the Act of U.S. $500,000,000 aggregate principal amount of 
debt securities to be issued from time to time by the Company and 
guaranteed as to payment of principal, premium, if any, and 
interest by the Guarantor.

	At least one copy of the EDGAR transmission is being filed 
with each exchange on which any class of the Guarantor's 
securities is registered.


	Please telephone the undersigned at the number indicated 
above if you have any questions or comments regarding the 
enclosed information or the above-referenced filing.  Please 
acknowledge receipt of the Pricing Supplement by sending to 
Fried, Frank,  Harris, Shriver & Jacobson, a message through the 
normal routes used by the Commission for acknowledged EDGAR 
filings.
	
	Very truly yours,


	Denise C. McCool
cc:  Sandor Samuels, Esq.
      Jennifer Sandefur
      The New York Stock Exchange, Inc.
      Pacific Stock Exchange, Inc.










212-820-8103

February 21, 
1995


(FAX:  212-820-8586

Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C.  20549

RE:	Countrywide Funding Corporation
Countrywide Credit Industries, Inc.
Registration Statement on Form S-3
(Reg. No. 33-50661)		
Ladies and Gentlemen:

	Transmitted herewith for filing at the request of 
Countrywide Credit Industries, Inc., a Delaware corporation (the 
"Guarantor") and its wholly owned subsidiary, Countrywide Funding 
Corporation, a New York corporation (the "Company"), pursuant to 
Rule 424(b)(3) under the Securities Act of 1933, as amended (the 
"Act"), and the Electronic Data Gathering, Analysis and Retrieval 
("EDGAR") System of the Securities and Exchange Commission, is 
Pricing Supplement No. 27 to the Registration Statement on Form 
S-3 (the "Registration Statement") covering the registration 
under the Act of U.S. $500,000,000 aggregate principal amount of 
debt securities to be issued from time to time by the Company and 
guaranteed as to payment of principal, premium, if any, and 
interest by the Guarantor.

	At least one copy of the EDGAR transmission is being filed 
with each exchange on which any class of the Guarantor's 
securities is registered.

	Please telephone the undersigned at the number indicated 
above if you have any questions or comments regarding the 
enclosed information or the above-referenced filing.  Please 
acknowledge receipt of the Pricing Supplement by sending to 
Fried, Frank,  
Harris, Shriver & Jacobson, a message through the normal routes 
used by the Commission for acknowledged EDGAR filings.
	
	Very truly yours,


	Denise C. McCool
cc:  Sandor Samuels, Esq.
      Jennifer Sandefur
      The New York Stock Exchange, Inc.
      Pacific Stock Exchange, Inc.








212-820-8103

February 21, 
1995


(FAX:  212-820-8586

Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C.  20549

RE:	Countrywide Funding Corporation
Countrywide Credit Industries, Inc.
Registration Statement on Form S-3
(Reg. No. 33-50661)		
Ladies and Gentlemen:

	Transmitted herewith for filing at the request of 
Countrywide Credit Industries, Inc., a Delaware corporation (the 
"Guarantor") and its wholly owned subsidiary, Countrywide Funding 
Corporation, a New York corporation (the "Company"), pursuant to 
Rule 424(b)(3) under the Securities Act of 1933, as amended (the 
"Act"), and the Electronic Data Gathering, Analysis and Retrieval 
("EDGAR") System of the Securities and Exchange Commission, is 
Pricing Supplement No. 26 to the Registration Statement on Form 
S-3 (the "Registration Statement") covering the registration 
under the Act of U.S. $500,000,000 aggregate principal amount of 
debt securities to be issued from time to time by the Company and 
guaranteed as to payment of principal, premium, if any, and 
interest by the Guarantor.

	At least one copy of the EDGAR transmission is being filed 
with each exchange on which any class of the Guarantor's 
securities is registered.


	Please telephone the undersigned at the number indicated 
above if you have any questions or comments regarding the 
enclosed information or the above-referenced filing.  Please 
acknowledge receipt of the Pricing Supplement by sending to 
Fried, Frank,  Harris, Shriver & Jacobson, a message through the 
normal routes used by the Commission for acknowledged EDGAR 
filings.
	
	Very truly yours,


	Denise C. McCool
cc:  Sandor Samuels, Esq.
      Jennifer Sandefur
      The New York Stock Exchange, Inc.
      Pacific Stock Exchange, Inc.



Rule 424(b)(3)
File No. 33-50661

PRICING SUPPLEMENT NO. 28 DATED FEBRUARY 17, 1995
(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.
Floating-Rate Notes
- - - - - - - - - -

Principal Amount:	$10,000,000
Proceeds to Issuer:	$9,950,000
Trade Date:	February 17, 1995
Issue Price:	100%
Original Issue Date:	February 22, 1995
Total Amount of OID:	N/A
Initial Accrual Period OID:	N/A
Yield to Maturity	N/A
Stated Maturity Date:	February 22, 2000
Book-Entry:  /X/
Certificated: /  /

Specified Currency:	U.S. Dollars

Base Rate:	/  / Commercial paper Rate	/x/ LIBOR
	/  / Certificate of Deposit Rate

		/  / Treasury Rate	/  / Federal Funds Rate	/  / Prime 
Rate

				/  / Other

Exchange Rate Agent:	N/A
Minimum Denomination:	$100,000
Initial Interest Rate:	To be determined 2 Business Days 
prior to Initial Issuance
Interest Determination Dates:	Two Business Days prior to the 
Interest Reset Date
Interest Reset Dates:	Same as Interest Payment Dates
Interest Payment Dates:	Every 2/22, 5/22, 8/22 and 11/22 
until maturity.
Index Maturity:	3 months
Maximum Interest Rate:	N/A
Minimum Interest Rate:	N/A
Spread (plus or minus):	Plus 45 bps (bps = basis points)
Spread Multiplier:	N/A
Calculation Agent:	The Bank of New York
Calculation Date:	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:	N/A
	Initial Redemption Percentage:	N/A
	Annual Redemption Percentage 	N/A
	    Reduction:
	Special Redemption Provisions:	N/A




Rule 424(b)(3)
File No. 33-50661

PRICING SUPPLEMENT NO. 27 DATED FEBRUARY 15, 1995
(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.
Floating-Rate Notes
- - - - - - - - - -

Principal Amount:	$10,000,000
Proceeds to Issuer:	$9,950,000
Trade Date:	February 15, 1995
Issue Price:	100%
Original Issue Date:	February 22, 1995
Total Amount of OID:	N/A
Initial Accrual Period OID:	N/A
Yield to Maturity	N/A
Stated Maturity Date:	February 22, 2000
Book-Entry:  /X/
Certificated: /  /

Specified Currency:	U.S. Dollars

Base Rate:	/  / Commercial paper Rate	/x/ LIBOR
	/  / Certificate of Deposit Rate

		/  / Treasury Rate	/  / Federal Funds Rate	/  / Prime 
Rate

				/  / Other

Exchange Rate Agent:	N/A
Minimum Denomination:	$100,000
Initial Interest Rate:	To be determined 2 Business Days 
prior to Initial Issuance
Interest Determination Dates:	Two Business Days prior to the 
Interest Reset Date
Interest Reset Dates:	Same as Interest Payment Dates
Interest Payment Dates:	Every 2/22, 5/22, 8/22 and 11/22 
until maturity.
Index Maturity:	3 months
Maximum Interest Rate:	N/A
Minimum Interest Rate:	N/A
Spread (plus or minus):	Plus 45 bps (bps = basis points)
Spread Multiplier:	N/A
Calculation Agent:	The Bank of New York
Calculation Date:	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:	N/A
	Initial Redemption Percentage:	N/A
	Annual Redemption Percentage 	N/A
	    Reduction:
	Special Redemption Provisions:	N/A




Rule 424(b)(3)
File No. 33-50661

PRICING SUPPLEMENT NO. 26 DATED FEBRUARY 14, 1995
(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.
Floating-Rate Notes
- - - - - - - - - -

Principal Amount:	$13,000,000
Proceeds to Issuer:	$12,935,000
Trade Date:	February 14, 1995
Issue Price:	100%
Original Issue Date:	February 22, 1995
Total Amount of OID:	N/A
Initial Accrual Period OID:	N/A
Yield to Maturity	N/A
Stated Maturity Date:	February 22, 2000
Book-Entry:  /X/
Certificated: /  /

Specified Currency:	U.S. Dollars

Base Rate:	/  / Commercial paper Rate	/x/ LIBOR
	/  / Certificate of Deposit Rate

		/  / Treasury Rate	/  / Federal Funds Rate	/  / Prime 
Rate

				/  / Other

Exchange Rate Agent:	N/A
Minimum Denomination:	$100,000
Initial Interest Rate:	To be determined 2 Business Days 
prior to Initial Issuance
Interest Determination Dates:	Two Business Days prior to the 
Interest Reset Date
Interest Reset Dates:	Same as Interest Payment Dates
Interest Payment Dates:	Every 2/22, 5/22, 8/22 and 11/22 
until maturity.
Index Maturity:	3 months
Maximum Interest Rate:	N/A
Minimum Interest Rate:	N/A
Spread (plus or minus):	Plus 45 bps (bps = basis points)
Spread Multiplier:	N/A
Calculation Agent:	The Bank of New York
Calculation Date:	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:	N/A
	Initial Redemption Percentage:	N/A
	Annual Redemption Percentage 	N/A
	    Reduction:
	Special Redemption Provisions:	N/A





	
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