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Exhibit 24(a)
CONSENT OF INDEPENDENT AUDITORS
The Board of Directors and Stockholder
FGIC Securities Purchase, Inc.
We consent to incorporation by reference in the registration statement
on Form S-3 of FGIC Securities Purchase, Inc. of our report dated January 21,
2000, relating to the balance sheets of FGIC Securities Purchase, Inc. as of
December 31, 1999 and 1998, and related statements of income, stockholder's
equity, and cash flows for each of the years in the three-year period ended
December 31, 1999, which report appears in the December 31, 1999 annual report
on Form 10-K of FGIC Securities Purchase, Inc. and to the reference to our firm
under the heading "Experts" in the registration statement on Form S-3 of FGIC
Securities Purchase, Inc.
/s/ KPMG LLP
New York, New York
October 5, 2000
