Exhibit 23

                       CONSENT OF INDEPENDENT ACCOUNTANTS

We consent the incorporation by reference in the Registration Statements of MBIA
Inc. and Subsidiaries on the forms S-3 (Nos. 333-85060, 333-15003, 333-60039 and
333-62961) and S-8 (Nos. 333-84300, 33-22441, 33-46062 and 333-34101) of:

(1)  Our report dated February 1, 2002, on our audits of the consolidated
     financial statements of MBIA Inc. and Subsidiaries as of December 31, 2001
     and 2000, and for each of the three years in the period ended December 31,
     2001, which report is incorporated by reference in this Annual Report on
     Form 10-K for the fiscal year ended December 31, 2001;

(2)  Our report dated February 1, 2002 on our audits of the financial statement
     schedules of MBIA Inc. and Subsidiaries, which report is included in this
     Annual Report on Form 10-K for the fiscal year ended December 31, 2001; and

(3)  Our report dated February 1, 2002 on our audits of the consolidated
     financial statements of MBIA Insurance Corporation and Subsidiaries as of
     December 31, 2001 and 2000, and for each of the three years in the period
     ended December 31, 2001, which is included in Exhibit 99 to this Annual
     Report on Form 10-K for the fiscal year ended December 31, 2001.


March 29, 2002