<PAGE>
Rule 424(b)(3)
File No. 33-59559
PRICING SUPPLEMENT NO. 13 DATED FEBRUARY 22, 1996
(To Prospectus Dated June 26, 1995, as Supplemented August 16, 1995)
COUNTRYWIDE FUNDING CORPORATION
MEDIUM-TERM NOTES, SERIES D
DUE NINE MONTHS OR MORE FROM DATE OF ISSUE
PAYMENT OF PRINCIPAL, PREMIUM, IF ANY,
AND INTEREST UNCONDITIONALLY GUARANTEED BY
COUNTRYWIDE CREDIT INDUSTRIES, INC.
FIXED RATE NOTES
----------------
Trade Date: February 22, 1996 Book Entry: [x]
Issue Price: 100% Certificated: [ ]
Original Issue Date: February 27, 1996 Principal Amount: $22,000,000
Stated Maturity Date: March 1, 2001 Net Proceeds: $21,890,000
Interest Rate: 6.05% Specified Currency: U.S. Dollars
Exchange Rate Agent: N/A
Minimum Denomination: $1,000
Interest Payment Dates: January 15 and July 15
Record Dates: December 31 and June 30
Redemption: Repayment:
Check box opposite applicable Check box opposite
paragraph: applicable paragraph:
[x] The Notes cannot be [x] The Notes cannot be
redeemed prior to maturity. repaid prior to maturity.
[ ] The Notes may be redeemed [ ] The Notes may be
prior to maturity. repaid prior to maturity.
Initial Redemption Date: Optional Repayment Dates:
Initial Redemption Percentage:
Annual Redemption Percentage
Reduction, if any:
Additional/Other Terms: N/A
Agent: Merrill Lynch & Co.
----------------
The Notes to which this Pricing Supplement relates will
constitute unsecured and unsubordinated indebtedness of CFC
and will rank pari passu in right of payment with CFC's
other unsecured and unsubordinated indebtedness. As of
November 30, 1995, the Guarantor did not have any secured
indebtedness outstanding, and CFC had $1,023,295,327
aggregate principal amount of secured indebtedness
outstanding. As of such date, CFC had $4,589,550,775
aggregate principal amount of unsecured and unsubordinated
indebtedness outstanding, which indebtedness ranked pari
passu in right of payment with CFC's other unsecured and
unsubordinated indebtedness and will rank pari passu in
right of payment with the Notes to which this Pricing
Supplement relates.
<PAGE>
Rule 424(b)(3)
File No. 33-59559
PRICING SUPPLEMENT NO. 14 DATED FEBRUARY 22, 1996
(To Prospectus Dated June 26, 1995, as Supplemented August 16, 1995)
COUNTRYWIDE FUNDING CORPORATION
MEDIUM-TERM NOTES, SERIES D
DUE NINE MONTHS OR MORE FROM DATE OF ISSUE
PAYMENT OF PRINCIPAL, PREMIUM, IF ANY,
AND INTEREST UNCONDITIONALLY GUARANTEED BY
COUNTRYWIDE CREDIT INDUSTRIES, INC.
FIXED RATE NOTES
----------------
Trade Date: February 22, 1996 Book Entry: [x]
Issue Price: 100% Certificated: [ ]
Original Issue Date: February 27, 1996 Principal Amount: $21,000,000
Stated Maturity Date: March 1, 2001 Net Proceeds: $20,895,000
Interest Rate: 6.05% Specified Currency: U.S. Dollars
Exchange Rate Agent: N/A
Minimum Denomination: $100,000
Interest Payment Dates: January 15 and July 15
Record Dates: December 31 and June 30
Redemption: Repayment:
Check box opposite applicable Check box opposite
paragraph: applicable paragraph:
[x] The Notes cannot be [x] The Notes cannot be
redeemed prior to maturity. repaid prior to maturity.
[ ] The Notes may be redeemed [ ] The Notes may be
prior to maturity. repaid prior to maturity.
Initial Redemption Date: Optional Repayment Dates:
Initial Redemption Percentage:
Annual Redemption Percentage
Reduction, if any:
Additional/Other Terms: N/A
----------------
The Notes to which this Pricing Supplement relates will
constitute unsecured and unsubordinated indebtedness of CFC
and will rank pari passu in right of payment with CFC's
other unsecured and unsubordinated indebtedness. As of
November 30, 1995, the Guarantor did not have any secured
indebtedness outstanding, and CFC had $1,023,295,327
aggregate principal amount of secured indebtedness
outstanding. As of such date, CFC had $4,589,550,775
aggregate principal amount of unsecured and unsubordinated
indebtedness outstanding, which indebtedness ranked pari
passu in right of payment with CFC's other unsecured and
unsubordinated indebtedness and will rank pari passu in
right of payment with the Notes to which this Pricing
Supplement relates.
<PAGE>
Rule 424(b)(3)
File No. 33-59559
PRICING SUPPLEMENT NO. 15 DATED FEBRUARY 22, 1996
(To Prospectus Dated June 26, 1995, as Supplemented August 16, 1995)
COUNTRYWIDE FUNDING CORPORATION
MEDIUM-TERM NOTES, SERIES D
DUE NINE MONTHS OR MORE FROM DATE OF ISSUE
PAYMENT OF PRINCIPAL, PREMIUM, IF ANY,
AND INTEREST UNCONDITIONALLY GUARANTEED BY
COUNTRYWIDE CREDIT INDUSTRIES, INC.
FIXED RATE NOTES
----------------
Trade Date: February 22, 1996 Book Entry: [X]
Issue Price: 100% Certificated: [ ]
Original Issue Date: February 27, 1996 Principal Amount: $21,000,000
Stated Maturity Date: March 1, 2001 Net Proceeds: $20,895,000
Interest Rate: 6.05% Specified Currency: U.S. Dollars
Exchange Rate Agent: N/A
Minimum Denomination: $100,000
Interest Payment Dates: January 15 and July 15
Record Dates: December 31 and June 30
Redemption: Repayment:
Check box opposite applicable Check box opposite
paragraph: applicable paragraph:
[x] The Notes cannot be [x] The Notes cannot be
redeemed prior to maturity. repaid prior to maturity.
[ ] The Notes may be redeemed [ ] The Notes may be
prior to maturity. repaid prior to maturity.
Initial Redemption Date: Optional Repayment Dates:
Initial Redemption Percentage:
Annual Redemption Percentage
Reduction, if any:
Additional/Other Terms: N/A
----------------
The Notes to which this Pricing Supplement relates will
constitute unsecured and unsubordinated indebtedness of CFC
and will rank pari passu in right of payment with CFC's
other unsecured and unsubordinated indebtedness. As of
November 30, 1995, the Guarantor did not have any secured
indebtedness outstanding, and CFC had $1,023,295,327
aggregate principal amount of secured indebtedness
outstanding. As of such date, CFC had $4,589,550,775
aggregate principal amount of unsecured and unsubordinated
indebtedness outstanding, which indebtedness ranked pari
passu in right of payment with CFC's other unsecured and
unsubordinated indebtedness and will rank pari passu in
right of payment with the Notes to which this Pricing
Supplement relates.
<PAGE>
Rule 424(b)(3)
File No. 33-59559
PRICING SUPPLEMENT NO. 16 DATED FEBRUARY 22, 1996
(To Prospectus Dated June 26, 1995, as Supplemented August 16, 1995)
COUNTRYWIDE FUNDING CORPORATION
MEDIUM-TERM NOTES, SERIES D
DUE NINE MONTHS OR MORE FROM DATE OF ISSUE
PAYMENT OF PRINCIPAL, PREMIUM, IF ANY,
AND INTEREST UNCONDITIONALLY GUARANTEED BY
COUNTRYWIDE CREDIT INDUSTRIES, INC.
FIXED RATE NOTES
----------------
Trade Date: February 22, 1996 Book Entry: [x]
Issue Price: 100% Certificated: [ ]
Original Issue Date: February 27, 1996 Principal Amount: $21,000,000
Stated Maturity Date: March 1, 2001 Net Proceeds: $20,895,000
Interest Rate: 6.05% Specified Currency: U.S. Dollars
Exchange Rate Agent: N/A
Minimum Denomination: $100,000
Interest Payment Dates: January 15 and July 15
Record Dates: December 31 and June 30
Redemption: Repayment:
Check box opposite applicable Check box opposite
paragraph: applicable paragraph:
[x] The Notes cannot be [x] The Notes cannot be
redeemed prior to maturity. repaid prior to maturity.
[ ] The Notes may be redeemed [ ] The Notes may be
prior to maturity. repaid prior to maturity.
Initial Redemption Date: Optional Repayment Dates:
Initial Redemption Percentage:
Annual Redemption Percentage
Reduction, if any:
Additional/Other Terms: N/A
----------------
The Notes to which this Pricing Supplement relates will
constitute unsecured and unsubordinated indebtedness of CFC
and will rank pari passu in right of payment with CFC's
other unsecured and unsubordinated indebtedness. As of
November 30, 1995, the Guarantor did not have any secured
indebtedness outstanding, and CFC had $1,023,295,327
aggregate principal amount of secured indebtedness
outstanding. As of such date, CFC had $4,589,550,775
aggregate principal amount of unsecured and unsubordinated
indebtedness outstanding, which indebtedness ranked pari
passu in right of payment with CFC's other unsecured and
unsubordinated indebtedness and will rank pari passu in
right of payment with the Notes to which this Pricing
Supplement relates.
