EXHIBIT 23.1

                       CONSENT OF INDEPENDENT AUDITORS





The Board of Directors
FirstFed Financial Corp.





We consent to incorporation by reference in the registration statements (No.
333-33463;033-63207) on Form S-8 of FirstFed Financial Corp. of our report
dated January 25, 2002, relating to the consolidated statements of financial
condition of FirstFed Financial Corp. and subsidiary as of December 31, 2001
and 2000, and the related consolidated statements of operations and
comprehensive earnings, stockholders' equity and cash flows for each of the
years in the three-year period ended December 31, 2001, which report appears
in the December 31, 2001 annual report on Form 10-K of FirstFed Financial
Corp.








Los Angeles, California
March 19, 2002