CWABS INC
8-K, EX-23.1, 2000-11-27
ASSET-BACKED SECURITIES
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                                 EXHIBIT 23.1

                        CONSENT OF INDEPENDENT AUDITORS

The Board of Directors
Financial Guaranty Insurance Company:

         We consent to the use of our report dated January 21, 2000 on the
financial statements of Financial Guaranty Insurance Company as of December
31, 1999 and 1998, and for each of the years in the three-year period ended
December 31, 1999 included in the Form 8-K of CWABS, Inc. (the "Registrant")
which is incorporated herein by reference in the registration statement (No.
333-38686) and to the reference to our firm under the heading "Experts" in the
Prospectus Supplement of the Registrant.

                                                   /s/ KPMG LLP





New York, New York
November 27, 2000



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