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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 4

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935
or Section 30(h) of the Investment Company Act of 1940

o	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b)

Name and Address of ReportingPerson* (Last, First, Middle)

Issuer Name and Ticker orTrading Symbol

I.R.S. Identification Number of ReportingPerson, if an entity (Voluntary)

Ferguson, Barbara

ANFI, Inc. - ANFI

1111 East Katella Avenue Suite 220

Statement for (Month/Day/Year)

If Amendment, Date of Original (Month/Day/Year)

January 17, 2003

January 29, 2003

(Street)

Relationship of Reporting Person(s) to Issuer (Check All Applicable)

Individual or Joint/Group Filing(Check Applicable Line)

Orange, CA 92687 (City) (State) (Zip)

þx

Director

10% Owner

þx

Form filed by One Reporting Person

Officer (give title below)

Form filed by More than One Reporting Person

Officer (give title below)

Form filed by More than One Reporting Person

Other (specify below)

Executive Vice President

Reminder:		Report on a separate line for each class of securities beneficially owned directly or indirectly.

*		If the form is filed by more than one reporting person, see instruction 4(b)(v).

Table I — Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

Title of Security(Instr. 3)

Transaction Date(Month/Day/Year)

2a.

Deemed ExecutionDate, if any.(Month/Day/Year)

Transaction Code(Instr. 8)

Securities Acquired (A)or Disposed of (D)(Instr. 3, 4 and 5)

Amount of SecuritiesBeneficially OwnedFollowing Reported Transactions(s)(Instr. 3 and 4)

OwnershipForm:Direct (D) orIndirect (I)(Instr. 4)

Nature ofIndirectBeneficialOwnership(Instr. 4)

Code

Amount

(A)or(D)

Price

Common Stock

1/1629/03

4232,~~600~~496

$21.~~182~~955

Common Stock

1/1729/03

35,~~234~~404

$21.~~182~~233

Common Stock

1/1729/03

1325,~~338~~000

$114.9590

Common Stock

1/1629/03

~~700~~5,000

$1514.11943

Common Stock

1/1629/03

~~700~~3,900

$1514.1295

Common Stock

1/1629/03

~~500~~4,000

$15.1300

87,178

Common Stock

1/16/03

900

$15.15

Common Stock

1/16/03

6,500

$15.25

Common Stock

1/16/03

3,500

$15.26

Common Stock

1/16/03

14,800

$15.05

Common Stock

1/16/03

15,000

$15.10

Common Stock

1/17/03

16,572

$15.00

87,178(1)

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Table II — Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

Title of DerivativeSecurity(Instr. 3)

Conversion or ExercisePrice of DerivativeSecurity

TransactionDate(Month/Day/Year)

3a.

Deemed ExecutionDate, if any(Month/Day/Year)

TransactionCode(Instr. 8)

Number of Derivative SecuritiesAcquired (A) or Disposed of (D)(Instr. 3, 4 and 5)

Code

(A)

(D)

Stock Option (right to buy)

$21.~~182~~955

1/1629/03

4232,~~600~~496

Stock Option (right to buy)

$21.~~182~~233

1/1729/03

35,~~234~~404

Stock Option (right to buy)

$1.955

1/17/03

13,338

Page 3

Table II — Derivative Securities Acquired, Disposed of, or Beneficially Owned — Continued(e.g., puts, calls, warrants, options, convertible securities)

Date Exercisable andExpiration Date(Month/Day/Year)

Title and Amount of Underlying Securities(Instr. 3 and 4)

Price of DerivativeSecurity(Instr. 5)

Number of DerivativeSecurities Beneficially OwnedFollowing Reported Transaction(s) (Instr. 4)

10.

Ownership Form of Derivative Security:Direct (D) or Indirect (I)(Instr. 4)

11.

Nature ofIndirectBeneficialOwnership(Instr. 4)

DateExercisable

ExpirationDate

Title

Amount orNumber ofShares

3/13/01

3/13/10

Common Stock

68,750

26,150

10/4/01

10/4/10

Common Stock

68,750

22,916

3/13/01

3/13/10

Common Stock

68,750

22,916

1/23/01

1/23/11

Common Stock

38,190

32,786

10/4/01

10/4/10

Common Stock

68,750

55,412

155,006(1)

192,906(2)

Explanation of Responses:

(1)		Since the Reporting Person’s last report, 3,032 shares previously held through the Employee Stock Purchase Plan have been redistributed and are included in this amount.
(2)		Reflects Reporting Person’s total Derivative Securities of ANFI, Inc. as of January 17, 2003.

(1) Reflects Reporting Person's total Derivative Securities of ANFI, Inc. as of January 29, 2003.

/s/ Barbara Ferguson		January 1729, 2003
**Signature of Reporting Person		Date

**		Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note:		File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

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