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COUNTRYWIDE ISSUES STATEMENT REGARDING TODAY'S MARKET ACTIVITY

 COUNTRYWIDE ISSUES STATEMENT REGARDING TODAY'S MARKET ACTIVITY
 PASADENA, Calif., Feb. 4 /PRNewswire/ -- At the request of the New York Stock Exchange, in response to today's trading activity in the common stock of Countrywide Mortgage Investments Inc. (NYSE: CWM), the company stated that it is company policy not to comment on current market activity.
 Countrywide Mortgage Investments Inc., a real estate investment trust, invests in fixed and adjustable-rate, single-family, first-lien residential mortgages, mortgage-backed securities and other related investments. Countrywide Credit Industries Inc. (NYSE: CCR), through its subsidiaries, Countrywide Asset Management Corp. and Countrywide Funding Corp., provides Countrywide Mortgage with management services.
 -0- 2/4/92
 /CONTACT: Karel Carnohan, 818-304-7523, or Laura Lippman, 818-304-4422, both of Countrywide Mortgage Investments/
 (CWM CCR) CO: Countrywide Mortgage Investments Inc. ST: California IN: FIN SU:


DM-CH -- LA015 -- 6786 02/04/92 14:33 EST
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Publication:PR Newswire
Date:Feb 4, 1992
Words:138
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