CONSENT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS





          We have  issued our report  dated  April 21,  1999,  accompanying  the
     consolidated  financial  statements  and  schedules  included in the Annual
     Report of  Countrywide  Credit  Industries,  Inc. on Form 10-K for the year
     ended  February  28,  1999.  We  hereby  consent  to the  incorporation  by
     referenced of said report in the  Registration  Statements  of  Countrywide
     Credit Industries, Inc. on Form S-3 (File No. 333-06473, effective June 21,
     1996;  File No.  33-59559 and  33-59559-01,  effective June 26, 1995 and as
     amended on March 26, 1997;  File No.  333-3835 and  333-3835-01,  effective
     August  2,  1996  and  amended  on March  26,  1997;  File  No.  333-14111,
     333-14111-01,  333-14111-02, and 333-14111-03, effective December 10, 1996;
     File No.  333-31529,  333-31529-01,  effective  August 12,  1997;  File No.
     333-58125 and 333-58125-01, effective July 16, 1998; and File No. 333-66467
     and  333-66467-01,  effective  November 10, 1998) and on Form S-8 (File No.
     33-9231,  effective  October 20, 1986, as amended on February 19, 1987, and
     as amended on December 20, 1988; File No. 33-17271,  effective December 20,
     1987; File No.  33-42625,  effective  September 6, 1991; File No. 33-56168,
     effective December 22, 1992; and File No. 33-69498, effective September 28,
     1993; as supplemented on September 28, 1996; File No. 333-66095,  effective
     October 23, 1998) and on Form S-4 (File No. 333-37047,  effective  November
     19, 1997).

GRANT THORNTON LLP

Los Angeles, California
April 21, 1999