EXHIBIT 99.1

NEWS RELEASE

Contact: Michael C. Lowther
Chairman and Chief Executive Officer
or
Carl A. Strunk
Executive Vice President
Chief Financial Officer
(714) 289-4300

FOR IMMEDIATE RELEASE

ANFI, INC. REPORTS EARNINGS AND REVENUES
FOR THE 4TH QUARTER AND YEAR ENDED DECEMBER 31, 2002

     Orange, California, February 13, 2003 – ANFI, Inc. (NASDAQ:ANFI), a diversified real estate services company, announced earnings and revenues for the fourth quarter and year ended December 31, 2002.

• For the fourth quarter ended December 31, 2002, earnings were $4.9 million or $.45 per diluted share, compared with earnings of $2.8 million, or $.28 per diluted share for the comparable 2001 quarter. Revenues increased $23.7 million to $62.8 million, as compared with revenues of $39.1 million for the comparable 2001 period.

• Earnings for the year ended December 31, 2002 were $20.8 million or $1.94 per diluted share, compared with earnings of $11.3 million, or $1.09 per diluted share for the comparable 2001 year end period. Revenues increased $64.9 million to $201.7 million, compared with revenues of $136.8 million for the comparable 2001 period.

     Michael C. Lowther, Chairman of the Board and Chief Executive Officer of ANFI, Inc. said, “2002 was a great year for our company thanks to the dedication of our employees and the loyalty of our customers. We are looking forward to completing our merger with Fidelity National Financial, Inc. and joining with Ticor Title to become an even more dynamic force in the real estate service industry.”

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     Headquartered in Orange, California, ANFI, Inc. through its principal subsidiaries, provides title insurance services and other real estate-related informational services through its subsidiaries in California, Arizona, Colorado, Nevada and New York through 105 branch offices. The Company also operates on a national level through its National Title Insurance of New York Inc. (“National”) subsidiary, which is licensed to issue and underwrite title insurance policies in 35 states, the District of Columbia and the U.S. Virgin Islands. National has offices in New York, Tennessee, Ohio, Pennsylvania and Florida. ANFI, Inc. as part of its overall services, provides ancillary services such as real estate information, trustee sales guarantees, exchange intermediary services, document research services, notary signing services, property management and appraisals. A complete description of the subsidiaries is available at the Company’s web site (www.anfinc.com).

     This press release contains forward-looking statements. The words “believe,” “expects,” “intend,” “anticipate,” “will,” and “project,” and other similar expressions identify forward-looking statements, which speak only as of the date the statement was made. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to, the effect of governmental regulations, competition and other risks detailed from time to time in the company’s filings with the Securities and Exchange Commission.

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ANFI, INC.
SUMMARY OF EARNINGS

		Three months ended					Year ended
		December 31,					December 31,
(in thousands, except per share data)		2002			2001		2002		2001
		(Unaudited)
Gross title premiums		$	48,025		$	28,060	$	146,369	$	94,490
Net title service revenue – related party		$	35,804		$	22,374	$	111,126	$	76,435
Escrow fees			14,899			8,841		45,590		32,176
Underwriting premiums			7,771			3,192		21,531		8,890
Ancillary service fees			5,835			4,363		21,382		17,080
Gain (loss) on sale/exchange of equity security			(1,918	)		—		544		1,001
Investment revenue			365			355		1,502		1,267
	Total revenues		62,756			39,125		201,675		136,849
Personnel costs			36,428			20,671		106,765		73,909
Other operating expenses			15,432			10,986		50,692		35,233
Title plant rent and maintenance			2,538			2,198		8,995		7,946
	Total expenses		54,398			33,855		166,452		117,088
Earnings before income taxes			8,358			5,270		35,223		19,761
Income taxes			3,442			2,507		14,457		8,497
	Net earnings	$	4,916		$	2,763	$	20,766	$	11,264
Weighted average shares outstanding during the period, basic basis			9,537			8,852		9,245		9,386
Incremental shares from assumed option exercise			1,434			1,152		1,436		909
Weighted average shares outstanding during the period, diluted basis			10,971			10,004		10,681		10,295
Basic earnings per share		$	0.52		$	0.31	$	2.25	$	1.20
Diluted earnings per share		$	0.45		$	0.28	$	1.94	$	1.09

SELECTED BALANCE SHEET DATA

	December 31,
(in thousands, except per share data)	2002		2001
Cash and investment securities available for sale	$	54,903	$	34,739
Total assets		94,973		66,653
Shareholders’ equity		54,499		35,913
Book value per share	$	5.71	$	4.05