Item 2. Properties 		 	 Not applicable on reliance of Relief Letters	
Item 3.
Item 3. Legal Proceedings		 	 There were no legal proceedings.	
Item 4.
Item 4. Submission of Matters to a Vote of Security Holders			 	 There were no matters submitted to a vote of the Security Holders.		
PART II			
Item 5.
Item 5. Market for Registrant's Common Equity and Related Stockholder matters			
	The following were Certificateholders of record		 	as of the end of the reporting year. 		 	Countrywide Home Equity Loan Trust 1997-D		 	Series 1997-D Certificate		Cede & Co. 	There is no established trading market for the certificates.		
Item 9.
Item 9. Changes in and Disagreements with Accountants on Accounting and			 Financial Disclosures:		 Information required by Item 304 of Reg. S-K.	
There were no changes in and/or disagreements with Accountants on	 Accounting and Financial Disclosures.	
PART IV	
Item 12.
Item 12. Security Ownership of Certain Beneficial Owners and Management	 	The Notes are represented by one or more notes registered in the name of 	"of Cede & Co., the nominee of The Depository Trust Company. An investor" 	holding Notes is not entitled to receive a certificate representing such 	"Note, except in limited circumstances. Accordingly, Cede & Co. is the " 	"sole holder of Notes, which it holds on behalf of brokers, dealers," 	banks and other participants in the DTC system. Such participants may 	hold Notes for their own accounts or for the accounts of their customers. 	The address of Cede & Co. is: 	Cede & Co. 	c/o The Depository Trust Company 	Seven Hanover Square 	"New York, New York 10004"
Item 13.
Item 13. Certain Relationships and Related Transactions.	 	"There has not been, and there is not currently proposed, any transactions" 	"or series or transactions, to which any of the Trust, the Registrant," 	"the Trustee or the Servicer is a party with any Noteholder who, to the" 	"knowledge of the Registrant and Servicer, owns of record or beneficially" 	more than five percent of the Notes.
"Item 14.