COUNTRYWIDE CREDIT INDUSTRIES INC
424B3, 1994-08-09
MORTGAGE BANKERS & LOAN CORRESPONDENTS
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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

	


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