EXHIBIT 23.1(A)
 
                        CONSENT OF INDEPENDENT AUDITORS
 
The Board of Directors
Imperial Credit Industries, Inc.:
 
We consent to the use of our report included herein and to the references to
our firm under the headings "Summary Historical and Pro Forma Consolidated
Financial and Other Data," "Selected Consolidated Financial Data," and
"Experts" in the Prospectus.
 
                                          KPMG Peat Marwick LLP
 
Los Angeles, California
   
May 14, 1998