Exhibit 21.1 SUBSIDIARIES OF THE REGISTRANT 6 Harrison Corp.

Accu 95 Corp

Accu 99 Corp

Acredit 75

Ark 38 Corporation

Beach Funding Corp.

Branford 55 Corp.

Cal Second 49 Corp.

Cape 77 Corp

CAPT 47 Corp.

Century 78 Corp

Coast 56 Corp

Coast 62 Corp

Coast 74 Corp

Coast 96 Corp

DAPT 51 Corp.

Emerge 64 Corp

Emod 65 Corp

Emsec 66 Corp

Ericsson Associates Inc.

FCMC 2000 B Corp

FCMC 2000 C Corp

FCMC 2000 D Corp

FCMC 2001 A Corp

FCMC 2001 C Corp

FCMC 2001 D Corp

FCMC 2001 E Corp

FCMC 2001 F Corp

FCMC 2002 A Corp

FCMC 2002 B Corp

FCMC 2002 C Corp

FCMC 2002 D Corp

FCMC 2002 E Corp

FCMC 2002 F Corp

FCMC 2002 G Corp

FCMC 2002 H Corp

FCMC 2003 A Corp

FCMC 2003 B Corp

FCMC 2003 C Corp

FCMC 2003 D Corp

FCMC 2003 E Corp

FCMC 2003 F Corp

FCMC 2003 G Corp

FCMC 2003 H Corp

FCMC 2003 I Corp

FCMC 2004 A Corp

FCMC 2004 B Corp

FCMC 2004 C Corp  1




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FCMC 2004 D Corp

FCMC 2004 E Corp

FCMC 2004 F Corp

FCMC 2004 G Corp

FCMC 2004 H Corp

FCMC 2004 I Corp

FCMC 2004 J Corp

FCMC 2004 K Corp

FCMC 2004 L Corp

FCMC 2004 M Corp

FCMC 2005 A Corp

FCMC 2005 B Corp

FCMC 2005 C Corp

FCMC 2005 D Corp

FCMC 2005 E Corp

FCMC 2005 F Corp

FCMC 2005 G Corp

FCMC 2005 H Corp

FCMC 2005 I Corp

FCMC 2005 J Corp

FCMC 2005 K Corp

FCMC 2005 L Corp

FCMC 2005 M Corp

FCMC 2005 N Corp

FCMC 2005 O Corp

FCMC 2005 P Corp

FCMC 2005 Q Corp

FCMC 2005 R Corp

FCMC 2005 S Corp

FCMC 2006 A Corp

FCMC 2006 B Corp

FCMC 2006 C Corp

FCMC 2006 D Corp

FCMC 2006 E Corp

FCMC 2006 F Corp

FCMC 2006 G Corp

FCMC 2006 H Corp

FCMC 2006 I Corp

FCMC 2006 J Corp

FCMC 2006 K Corp

FCMC 2006 L Corp

FCMC 2006 M Corp

FCMC 2006 N Corp

FCMC 2006 O Corp

FCMC 2006 P Corp

FCMC 2006 Q Corp

FCMC 2006 R Corp

FCMC 2006 S Corp

FCMC 2006 T Corp

FCMC 2006 U Corp  2




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FCMC 2006 V Corp

FCMC 2006 W Corp

FCMC 2006 X Corp

FCMC 2006 Y Corp

FCMC 2006 Z Corp

FCMC 2007 A Corp

FCMC 2007 AA Corp

FCMC 2007 AB Corp

FCMC 2007 AC Corp

FCMC 2007 B Corp

FCMC 2007 C Corp

FCMC 2007 D Corp

FCMC 2007 E Corp

FCMC 2007 F Corp

FCMC 2007 G Corp

FCMC 2007 H Corp

FCMC 2007 I Corp

FCMC 2007 J Corp

FCMC 2007 K Corp

FCMC 2007 L Corp

FCMC 2007 M Corp

FCMC 2007 N Corp

FCMC 2007 O Corp

FCMC 2007 P Corp

FCMC 2007 Q Corp

FCMC 2007 R Corp

FCMC 2007 S Corp

FCMC 2007 T Corp

FCMC 2007 U Corp

FCMC 2007 V Corp

FCMC 2007 W Corp

FCMC 2007 X Corp

FCMC 2007 Y Corp

FCMC 2007 Z Corp

FCMC B-One 2004 A Corp

FCMC B-One 2004 B Corp

FCMC B-One 2004 C Corp

FCMC B-One 2004 D Corp

FCMC B-One 2004 E Corp

FCRF XIX

FCRF II (Fra)

FCRF VI (Fra)

FCRF VII (Fra)

FCRF VIII

FCRF X

FCRF XII

FCRF XIV (Fra)

FCRF XVIII

FCRF XX

Firstco 80 Corp  3




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Firstgold 69 Corp

Flow 2000 A Corp

Flow 2000 B Corp

Flow 2000 C Corp

Flow 2000 D Corp

Flow 2000 E Corp

Flow 2000 F Corp

Flow 2001 A Corp

Flow 2001 B Corp

Flow 2001 C Corp

Flow 2001 E Corp

Flow 2001 F Corp

Flow 2001 G Corp

Flow 2001 H Corp

Flow 2001 I Corp

Flow 2001 J Corp

Flow 2001 K Corp

Flow 2001 L Corp

Flow 2002 A Corp

Flow 2002 B Corp

Flow 2002 C Corp

Flow 2002 D Corp

Flow 2002 E Corp

Flow 2002 F Corp

Flow 2002 G Corp

Flow 2002 H Corp

Flow 2002 I Corp

Flow 2002 J Corp

Flow 2002 K Corp

Flow 2002 L Corp

Flow 2003 A Corp

Flow 2003 B Corp

Flow 2003 C Crop

Flow 2003 D Corp

Flow 2003 E Corp

Flow 2003 F Corp

Flow 2003 G Corp

Flow 2003 H Corp

Flow 2003 I Corp

Flow 2003 J Corp

Flow 2003 K Corp

Flow 2003 L Corp

Flow 2004 A Corp

Flow 2004 B Corp

Flow 2004 C Corp

Flow 2004 D Corp

Flow 2004 E Corp

Flow 2004 F Corp

Flow 2004 G Corp

Flow 2004 H Corp  4




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Flow 2004 I Corp

Flow 2005 A Corp

Flow 2005 B Corp

Flow 2005 C Corp

Flow 2005 D Corp

Flow 2005 E Corp

Flow 2005 F Corp

Flow 2005 G Corp

Flow 2005 H Corp

Flow 2005 I Corp

Flow 2005 J Corp

Flow 2006 A Corp

Flow 2006 B Corp

Flow 2006 C Corp

Flow 2006 D Corp

Flow 2006 E Corp

Flow 2006 F Corp

Flow 2006 G Corp

Flow 2006 H Corp

Flow 2007 A Corp

Flow 2007 B Corp

Flow 2007 C Corp

Flow 2007 D Corp

Flow 99  70 Corp

Flow 99  76 Corp

Flow 99  88 Corp

Flow 99  92 Corp

Flow Purchase 98 Corp

Fort 100 / FCMC 2001 B Corp

Fort 100 B / Flow 2001 D Corp

Fort Granite 44 Corp

Franklin Credit Mgmt Corp

Franklin Credit Asset Corp

Franklin Credit Loan Servicing LLC

Franklin Credit Trust Series I

Free 73 Corp

Free 81 Corp

Free/ Emgold 67 Corp

Garfield 48 Corp.

Green 89 Corp

Greenwich First Corp (XXII)

Greenwich Funding Corp

Greenwich Mgnt Corp (XXIIl)

Harrison 1st Corp.

Harrison Financial Assoc

Harrison Financial Corp

Harrison Funding Corp

Home Fed 57 Corp

Hudson Mgmt Corp

Island 52 Corp.  5




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Ivy City 72 Corp

Jackson Union 28 Corp.

Jersey 45 Corp

Juniper Corp

Kearney 39 Corp

Kearny 61 Corp

Madison 54 Corp.

Mass Fed 29 Corp.

Modgold 68 Corp

Morgan 85

New Haven 40 Corp

New Haven 53 Corp.

New Haven 58 Corp

New Haven 63 Corp

Newport 50 Corp.

North Fork 41 Corp.

Norwich 42 Corp

NY APT 33 Corp.

Pan Cal 98 Corp

Pancal 82 Corp

Pancal 93 Corp

Park 86

Park 94 Corp

Park 97 Corp

Penn 100

Penn 100 B

Point 91 Corp

Rapid Point 60 Corp

Rontex 1617 Corp.

Shelton 46 Corp.

St. Pete 43 Corp.

Tampa 79 Corp

Tribeca Funding Corp (XXI)

Tribeca L 2005 Corp

Tribeca Lending Corp

Tribeca Lending Trust Series I

Tribeca LI 2005 Corp

Tribeca LII 2005 Corp

Tribeca LIII 2005 Corp

Tribeca LIV 2005 Corp

Tribeca LIX 2006 Corp

Tribeca Loan Corp

Tribeca LV 2005 Corp

Tribeca LVI 2005 Corp

Tribeca LVII 2006 Corp

Tribeca LVIII 2006 Corp

Tribeca LX 2006 Corp

Tribeca LXI 2006 Corp

Tribeca LXII 2006 Corp

Tribeca LXIII 2006 Corp  6




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Tribeca LXIV 2006 Corp

Tribeca LXIX 2006 Corp

Tribeca LXV 2006 Corp

Tribeca LXVI 2006 Corp

Tribeca LXVII 2006 Corp

Tribeca LXVIII 2006 Corp

Tribeca LXX 2006 Corp

Tribeca LXXI 2006 Corp

Tribeca LXXII 2006 Corp

Tribeca LXXIII 2006 Corp

Tribeca LXXIV 2006 Corp

Tribeca LXXIX 2007 Corp

Tribeca LXXV 2006 Corp

Tribeca LXXVI 2006 Corp

Tribeca LXXVII 2006 Corp

Tribeca LXXVIII 2006 Corp

Tribeca LXXX 2007 Corp

Tribeca LXXXI 2007 Corp

Tribeca LXXXII 2007 Corp

Tribeca LXXXIII 2007 Corp

Tribeca LXXXIV 2007 Corp

Tribeca LXXXIX 2007 Corp

Tribeca LXXXV 2007 Corp

Tribeca LXXXVI 2007 Corp

Tribeca LXXXVII 2007 Corp

Tribeca LXXXVIII 2007 Corp

Tribeca XC 2007 Corp

Tribeca XCI 2007 Corp

Tribeca XCII 2007 Corp

Tribeca XCIII 2007 Corp

Tribeca XCIV 2007 Corp

Tribeca XCV 2007 Corp

Tribeca XIX Corp

Tribeca XV Corp

Tribeca XVII Corp

Tribeca XVIII Corp

Tribeca XX Corp

Tribeca XXI Corp

Tribeca XXII Corp

Tribeca XXIII Corp

Tribeca XXIV Corp

Tribeca XXIX 2005 Corp

Tribeca XXV 2004 Corp

Tribeca XXVI 2004 Corp

Tribeca XXVII 2004 Corp

Tribeca XXVIII 2004 Corp

Tribeca XXX 2005 Corp

Tribeca XXXI 2005 Corp

Tribeca XXXII 2005 Corp

Tribeca XXXIII 2005 Corp  7




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##### 



Tribeca XXXIV 2005 Corp

Tribeca XXXIX 2005 Corp

Tribeca XXXV 2005 Corp

Tribeca XXXVI 2005 Corp

Tribeca XXXVII 2005 Corp

Tribeca XXXVIII 2005 Corp

Tribeca XXXX 2005 Corp

Tribeca XXXXI 2005 Corp

Tribeca XXXXII 2005 Corp

Tribeca XXXXIII 2005 Corp

Tribeca XXXXIV 2005 Corp

Tribeca XXXXIX 2005 Corp

Tribeca XXXXV 2005 Corp

Tribeca XXXXVI 2005 Corp

Tribeca XXXXVII 2005 Corp

Tribeca XXXXVIII 2005 Corp

Tribecca L

Vantage 90 Corp

Well 84 Corp

WFB 83 Corp  8