Wash hands well with soap and warm water.

Pre-heat the oven to 350 degrees F. Grease two 8x4x2 inch loaf pans.

Toast walnuts in an ungreased skillet pan. Stir while heating on medium-low heat for 5-7 minutes. They are done when they are brown and smell nutty. Set aside to cool.

Mix applesauce, egg, sugar, oil and vanilla in a large bowl.

Mix flour, baking soda, cinnamon, and nutmeg together in a smaller bowl.

Pour flour mixture into applesauce mixture.

Stir in raisins and cooled toasted nuts.

Pour half of the batter into each greased pan. Bake for 45-55 minutes.