COUNTRYWIDE CREDIT INDUSTRIES INC
S-8, EX-23.1, 2000-10-02
MORTGAGE BANKERS & LOAN CORRESPONDENTS
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                                  EXHIBIT 23.1

               CONSENT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS

We have issued our report dated April 28, 2000,  accompanying  the  consolidated
financial  statements and schedules of Countrywide Credit  Industries,  Inc. and
Subsidiaries  appearing  in the  Annual  Report on Form 10-K for the year  ended
February  28, 2000,  which is  incorporated  by  reference in this  Registration
Statement  on  Form  S-8  (the  "Registration  Statement").  We  consent  to the
incorporation by reference in this Registration  Statement of the aforementioned
report.

GRANT THORNTON LLP

/s/ Grant Thornton LLP

Los Angeles, California
September 28, 2000

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          1 Pursuant to Rule 457(h) of the Securities Act of 1933, estimated
          solely for the purpose of calculating the registration fee.

          2 The Deferred  Compensation  Obligations are unsecured obligations of
          Countrywide  Credit Industries,  Inc. to pay deferred  compensation in
          accordance with the terms of the Countrywide Credit  Industries,  Inc.
          Amended and Restated Deferred Compensation Plan.

          Note: In addition,  pursuant to Rule 416(c) of the  Securities  Act of
          1933, this  registration  statement covers an indeterminate  amount of
          interests  to be offered or sold  pursuant to the  Countrywide  Credit
          Industries, Inc. Amended and Restated Deferred Compensation Plan.


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