11-K

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 11-K

[X]  ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED] FOR THE FISCAL YEAR ENDED DECEMBER 31, 2001, OR

[   ]  TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED] for the transition period from _______________ to _______________

Commission file number 0-24961

A.	Full title of the plan and the address of the plan, if different from that of the issuer named below: American National Financial, Inc. 401(k) Profit Sharing Plan.
B.	Name of issuer of the securities held pursuant to the plan and the address of its principal executive office: American National Financial, Inc., 1111 E. Katella Avenue, Suite 220, Orange, CA 92867.

REQUIRED INFORMATION

Item 4.  Plan Financial Statements and Schedules Prepared in Accordance with the Financial Reporting Requirements of ERISA

AMERICAN NATIONAL FINANCIAL, INC.
401(k) PROFIT SHARING PLAN

Financial Statements and
Supplemental Schedule

December 31, 2001 and 2000

(With Independent Auditors’ Report Thereon)

TABLE OF CONTENTS

Independent Auditors’ Report
	Statements of Net Assets Available for Benefits
	Statements of Changes in Net Assets Available for Benefits
	Notes to Financial Statements
	Schedule H — Line 4i — Schedule of Assets (Held at End of Year)
EXHIBIT INDEX
EXHIBIT 23

AMERICAN NATIONAL FINANCIAL, INC.
401(k) PROFIT SHARING PLAN

Index to Financial Statements and Supplemental Schedule

	Page
Independent Auditors’ Report		1
Statements of Net Assets Available for Benefits — December 31, 2001 and 2000		2
Statements of Changes in Net Assets Available for Benefits — Years ended December 31, 2001 and 2000		3
Notes to Financial Statements		4
Supplemental Schedule
Schedule H — Line 4i — Schedule of Assets (Held at End of Year) — December 31, 2001		8

All other schedules are omitted because they are not applicable or not required based on disclosure requirements of the Employee Retirement Income Security Act of 1974 and regulations issued by the Department of Labor.

Independent Auditors’ Report

The Advisory Committee
American National Financial, Inc.
    401(k) Profit Sharing Plan:

We have audited the accompanying statements of net assets available for benefits of American National Financial, Inc. 401(k) Profit Sharing Plan (the Plan) as of December 31, 2001 and 2000, and the related statements of changes in net assets available for benefits for the years then ended. These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on these financial statements based upon our audits.

We conducted our audits in accordance with auditing standards generally accepted in the United States of America. These standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2001 and 2000, and the changes in net assets available for benefits for the years then ended in conformity with accounting principles generally accepted in the United States of America.

Our audits were performed for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplemental schedule, Schedule H — Line 4i — Schedule of Assets (Held at End of Year) is presented for the purpose of additional analysis and is not a required part of the basic financial statements but is supplementary information required by the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. This supplemental schedule is the responsibility of the Plan’s management. The supplemental schedule has been subjected to the auditing procedures applied in the audits of the basic financial statements and, in our opinion, is fairly stated, in all material respects, in relation to the basic financial statements taken as a whole.

/s/ KPMG LLP

Los Angeles, California
June 5, 2002

AMERICAN NATIONAL FINANCIAL, INC.
401(k) PROFIT SHARING PLAN

Statements of Net Assets Available for Benefits

December 31, 2001 and 2000

			2001		2000
Assets
Investments, at fair value (note 3):
	Collective trust		$	956,533		662,909
	Mutual funds			4,074,542		4,853,787
	Common stock			642,958		478,970
	Participant loans			252,000		272,858
		Total investments		5,926,033		6,268,524
Receivables:
	Participant contributions			—		36,256
	Accrued interest			9,737		4,378
	Accrued income			5,280		—
		Total receivables		15,017		40,634
		Total assets		5,941,050		6,309,158
Liabilities
Payables:
	Excess contributions payable			26,975		—
		Total liabilities		26,975		—
		Net assets available for benefits	$	5,914,075		6,309,158

See accompanying notes to financial statements.

2

AMERICAN NATIONAL FINANCIAL, INC.
401(k) PROFIT SHARING PLAN

Statements of Changes in Net Assets Available for Benefits

Years ended December 31, 2001 and 2000

				2001			2000
Additions to net assets attributed to:
	Investment (loss) income:
		Net (depreciation) appreciation in fair value of investments		$	(774,636	)		81,093
		Interest			85,932			23,296
		Dividends			18,718			204,740
			Total investment (loss) income		(669,986	)		309,129
	Participant contributions				1,525,312			1,597,791
	Transfers from another plan				63,880			—
			Total additions		919,206			1,906,920
Deductions from net assets attributed to:
	Benefits paid to participants				1,312,339			437,773
	Administrative expenses				1,950			1,100
			Total deductions		1,314,289			438,873
			Net (decrease) increase		(395,083	)		1,468,047
Beginning of year					6,309,158			4,841,111
End of year				$	5,914,075			6,309,158

See accompanying notes to financial statements.

3

AMERICAN NATIONAL FINANCIAL, INC.
401(k) PROFIT SHARING PLAN

Notes to Financial Statements

December 31, 2001 and 2000

(1)	Description of Plan
	The following description of the American National Financial, Inc. (the Company) 401(k) Profit Sharing Plan (the Plan) provides only general information. Participants should refer to the Plan agreement for a more complete description of the Plan’s provisions.

(a)	General
	The Plan is a defined contribution Plan covering employees of the Company who are at least 18 years of age and have completed 3 months of service and elect to participate in the Plan. Employees covered under a collective bargaining agreement, temporary employees, and leased employees are not eligible to participate in the Plan. Any employee not regularly scheduled to work at least 20 hours per week shall be excluded from the Plan unless such employee actually completes one year of service, which is defined as 1,000 hours of service. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974 (ERISA).
(b)	Plan Mergers
	The accompanying statement of changes in net assets available for benefits includes a transfer into the Plan of $63,880 from the Emerald Mortgagee Assistance Company, LLC 401(k) Profit Sharing Plan (Emerald Mortgagee Plan). This transfer is a result of the merger of the Emerald Mortgagee Plan effective August 31, 2001.
(c)	Contributions
	Each year, participants may contribute up to 15% of their pretax annual compensation, as defined by the Plan. Participants may also contribute amounts representing distributions from other qualified plans. The Plan does not provide for employer contributions. Contributions are subject to certain limitations.
(d)	Participant Accounts
	Each participant’s account is credited with the participant’s contribution and allocations of Plan earnings and is charged with an allocation of losses. Allocations of Plan earnings and expenses are made according to the ratio that a participant’s account balance in the fund bears to the total of all participant account balances in the fund.
(e)	Participant Loans
	Participants may borrow from their fund accounts a minimum of $1,000 up to a maximum equal to the lesser of $50,000 reduced by the highest outstanding loan balance during the preceding 12 months or 50% of their account balance. The loans are secured by the balance in the participant’s account and bear interest at a rate commensurate with local prevailing rates as determined by the Plan administrator. Loan terms range from 1-5 years or up to 10 years for the purchase of a primary residence. Interest rates range from 5.75% to 10.50% on loans outstanding as of December 31, 2001. Principal and interest are paid ratably through semimonthly payroll deductions.

4

AMERICAN NATIONAL FINANCIAL, INC.
401(k) PROFIT SHARING PLAN

Notes to Financial Statements

December 31, 2001 and 2000

(f)	Payment of Benefits
	On termination of service, a participant is eligible to receive a lump sum amount equal to the value of the participant’s vested interest in his or her account.
(g)	Administrative Expenses
	Administrative expenses of the Plan that are not paid by the Company are paid by the Plan.

(2) Summary of Significant Accounting Policies

(a)	Basis of Presentation
	The financial statements of the Plan are prepared under the accrual method of accounting.
(b)	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make certain estimates and assumptions that affect the reported amounts of assets, liabilities, and changes therein, and disclosure of contingent assets and liabilities. Actual results could differ from those estimates.
(c)	Investment Valuation and Income Recognition
	The Plan’s investments are stated at fair value. Shares of mutual funds are valued at net asset value of shares held by the Plan at year-end. The investment in the S&P 500 Index Fund is valued at quoted market prices. The investment in the Stable Return Fund for EBT Retirement Plans is based on the underlying unit value reported by Wells Fargo Stable Return Fund for EBT. The common stock of Fidelity National Financial, Inc. and American National Financial, Inc. is valued at its quoted market price. Participant loans are valued at cost, which approximates fair value.
	Purchases and sales of securities are recorded on a trade-date basis. Interest income is recorded on the accrual basis. Dividends are recorded on the ex-dividend date.
(d)	Payment of Benefits
	Benefits are recorded when paid.

5

AMERICAN NATIONAL FINANCIAL, INC.
401(k) PROFIT SHARING PLAN

Notes to Financial Statements

December 31, 2001 and 2000

(3) Investments

     The following table represents the fair value of individual investments, with investments exceeding 5% of the Plan’s net assets separately identified:

			2001		2000
Mutual funds:
	Dreyfus Intermediate Term Income Fund		$	675,458		597,050
	Janus Advisor Balanced Fund			741,752		857,820
	American Century Equity Growth Fund			690,470		880,933
	American Century International Growth Fund			406,130		524,421
	MFS Massachusetts Investors Growth Fund			1,125,883		1,614,858
Collective trust:
	Wells Fargo Stable Return Fund			870,851		662,909
Common stock:
	Fidelity National Financial, Inc.			333,970		444,409
	American National Financial, Inc. common stock			308,988		34,561	*
All other investments less than 5%				772,531		651,563
		Total	$	5,926,033		6,268,524

* This amount represents less than 5% of the Plan’s net assets at December 31, 2000 and is included for comparison purposes only.

(4)	Related Party Transactions
	Certain Plan investments are shares of mutual funds and common collective trusts managed by Wells Fargo Trust Operations. Wells Fargo Trust Operations is the trustee as defined by the Plan, and therefore, these transactions qualify as party in interest. Other Plan investments are shares of the common stock of the employer, American National Financial, Inc. a party in interest, as well as Fidelity National Financial, Inc., a minority owner of the Company, both of which qualify as parties in interest.
(5)	Plan Termination
	Although it has not expressed any intent to do so, the Company has the right under the Plan to terminate the Plan subject to the provisions of ERISA.
(6)	Tax Status of the Plan
	The Internal Revenue Service has determined and informed the Company by letter dated April 14, 1999, that the Plan and related trust are designed in accordance with applicable sections of the Internal Revenue Code (IRC). The Plan has been amended since receiving the determination letter. However, the Plan administrator and the Plan’s legal counsel believe that the Plan is designed and is currently being operated in compliance with applicable provisions of the IRC.

6

AMERICAN NATIONAL FINANCIAL, INC.
401(k) PROFIT SHARING PLAN

Notes to Financial Statements

December 31, 2001 and 2000

(7)	Subsequent Events
	Effective January 1, 2002, the Plan was merged into the Fidelity National Financial Group 401(k) Profit Sharing Plan. American National Financial, Inc. is an affiliated company to Fidelity National Financial, Inc., the sponsor of the Fidelity National Financial Group 401(k) Profit Sharing Plan, a multiple-employer plan.

7

Schedule

AMERICAN NATIONAL FINANCIAL, INC.
401(k) PROFIT SHARING PLAN

Schedule H — Line 4i — Schedule of Assets (Held at End of Year)

December 31, 2001

Identity of issue, borrower,
lessor, or similar party	Description of investment	Current value
	Mutual funds:
* Wells Fargo Trust Operations	Dreyfus Intermediate Term Income Fund	$	675,458
* Wells Fargo Trust Operations	Janus Advisor Balanced Fund		741,752
* Wells Fargo Trust Operations	American Century Equity Growth Fund		690,470
* Wells Fargo Trust Operations	American Century International Growth Fund		406,130
* Wells Fargo Trust Operations	Wells Fargo Small Cap Growth Fund		83,497
* Wells Fargo Trust Operations	MFS Capital Opportunities Fund		289,869
* Wells Fargo Trust Operations	MFS Massachusetts Investors Growth Fund		1,125,883
* Wells Fargo Trust Operations	Wells Fargo Outlook 2010 Fund - Institutional Class		4,137
* Wells Fargo Trust Operations	Wells Fargo Outlook 2020 Fund - Institutional Class		26,577
* Wells Fargo Trust Operations	Wells Fargo Outlook 2030 Fund - Institutional Class		1,510
* Wells Fargo Trust Operations	Wells Fargo Outlook 2040 Fund - Institutional Class		29,259
	Common/Collective Trusts:
* Wells Fargo Trust Operations	Wells Fargo Stable Return Fund		870,851
* Wells Fargo Trust Operations	Wells Fargo S&P 500 Index Fund		85,682
* American National Financial, Inc.	Common stock		308,988
* Fidelity National Financial, Inc.	Common stock		333,970
* Participant loans	Participant loans, various maturities, interest rates 5.75% - 10.50% balances participant account		252,000
		$	5,926,033

* Party in interest.

See accompanying independent auditors’ report.

8

PURSUANT TO THE REQUIREMENTS OF THE SECURITIES EXCHANGE ACT OF 1934, THE TRUSTEES (OR OTHER PERSONS WHO ADMINISTER THE EMPLOYEE BENEFIT PLAN) HAVE DULY CAUSED THIS ANNUAL REPORT TO BE SIGNED ON ITS BEHALF BY THE UNDERSIGNED HEREUNTO DULY AUTHORIZED.

	American National Financial, Inc. 401(k) Profit Sharing Plan
Date: June 28, 2002	/S/ Carl A. Strunk
	Carl A. Strunk Executive Vice President, Chief Financial Officer and Director

9

EXHIBIT INDEX

Exhibit No.		Page No.
23	Consent of KPMG, LLP		10

EX-23

                                                                      Exhibit 23


                         INDEPENDENT AUDITORS' CONSENT


The Advisory Committee
American National Financial, Inc.:

We consent to incorporation by reference in the Registration Statement (No.
333-64894) on Form S-8 of American National Financial, Inc. of our report dated
June 5, 2002, relating to the statements of net assets available for benefits
as of December 31, 2001 and 2000 and the related statements of changes in net
assets available for benefits for the years then ended and all related
schedules, which report appears in the December 31, 2001 annual report on
Form 11-K of the American National Financial, Inc. 401(k) Profit Sharing Plan.


                                             KPMG LLP

Los Angeles, California
June 27, 2002