**FIRSTCITY FINANCIAL CORPORATION**           **(21)** **Subsidiaries of the Registrant**        **1.** **FirstCity Financial Corporation. The following corporations, limited partnerships, limited liability companies and other entities are subsidiaries of FirstCity Financial Corporation.****A.** **Corporations:**          Name: Bosque Asset Corp.        Jurisdiction: Texas, incorporated on March 27, 1997      Shareholders: FirstCity Financial Corporation10,000 Shares (100%)  Name: FirstCity Commercial Corporation (formerly J-Hawk Corporation)      Jurisdiction: Texas, incorporated on July 21, 1995      Shareholders: FirstCity Financial Corporation1,000 Shares (100%)  Name: FC Capital Corp. (d/b/a FirstCity Capital Corporation)      Jurisdiction: New York, incorporated on August 4, 1997      Shareholders: FirstCity Financial Corporation1,000,000 Shares (100%)  ***Discontinued Operation**  Name: Harbor Financial Group, Inc.        Jurisdiction: Delaware, incorporated on December 3, 1987      Shareholders: FirstCity Financial Corporation171,694 Shares (100%)  ***Discontinued Operation**  Name: FirstCity Consumer Lending Corporation      Jurisdiction: Texas, incorporated on September 5, 1997      Shareholders: FirstCity Financial Corporation1,000 Shares(100%)**B.** **Corporate General Partners of Limited Partnerships:**        Name: Bosque Asset GP Corp. (formerly SLP Assets GP Corp.)      Jurisdiction: Texas, incorporated on April 12, 2001      Shareholders FirstCity Financial Corporation400 Shares(100.0%)**C.** **Limited Partnerships:**       Name: Bosque Asset Funding, L.P. (formerly SLP Assets, Ltd.)      Jurisdiction: Texas, certificate filed on April 12, 2001      Partners: Bosque Asset GP Corp.General   FirstCity Financial Corporation Limited     99.5%**2.** **FirstCity Commercial Corporation. The following corporations, limitedpartnerships, limited liability companies and other subsidiaries ofFirstCity Commercial Corporation or its subsidiaries.****A.** **Corporations:**  Name: Calibat Fund Limited Liability Company      Jurisdiction: Minnesota        Members: FirstCity Commercial Corporation   50%  Name: FirstCity Holdings Corporation        Jurisdiction: Texas, incorporated on October 16, 1998      Shareholder: FirstCity Commercial Corporation800 Shares (80%)  
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         Name: FirstCity Holdings Corporation of Minnesota      Jurisdiction: Texas, incorporated on March 11, 2002      Shareholder: FirstCity Holdings Corporation 400 Shares  (100%)Name: FirstCity Servicing Corporation (formerly        J-Hawk Servicing Corporation)      Jurisdiction: Texas, incorporated on July 25, 1995      Shareholder: FirstCity Holdings Corporation 1,000 Shares  (100%)Name: FirstCity International Corporation        (formerly J-Hawk International Corp.)      Jurisdiction: Texas; incorporated on December 19, 1996      Shareholder: FirstCity Holdings Corporation 200 Shares  (100%)Name: FirstCity Europe Corporation      Jurisdiction: Texas; incorporated on May 12, 2003      Shareholder: FirstCity Holdings Corporation 200 Shares  (100%)Name: FirstCity Mexico, Inc.      Jurisdiction: Texas, incorporated on December 9, 1998      Shareholders: FirstCity Holdings Corporation 1,000 Shares  (100%)Name: Strategic Mexican Lending Partners, L.P.      Jurisdiction: Texas, certificate filed on May 8, 2001      Partners: FirstCity Holdings Corporation General  1.0%  FirstCity Holdings Corporation Limited  89.0%Name: Strategic Mexican Investment Partners, L.P.      Jurisdiction: Texas, certificate filed on May 8, 2001      Partners: FirstCity Mexico, Inc. General  1.0 %   FirstCity Mexico, Inc. Limited  89.0 % Name: Strategic Mexican Lending Partners 2, L.P.      Jurisdiction: Texas, certificate filed on July 3, 2001      Partners: FirstCity Holdings Corporation General  1.0%   FirstCity Holdings Corporation Limited  89.0% Name: Strategic Mexican Investment Partners 2, L.P.      Jurisdiction: Texas, certificate filed on July 3, 2001      Partners: FirstCity Holdings Corporation General  1.0%  FirstCity Holdings Corporation Limited  89.0%Name: Resmex, LLC      Jurisdiction: Delaware, incorporated December 11, 1998      Manager & Member: FirstCity Mexico, Inc. 11.12%    Name: Residencial Oeste, S.A. de C.V.      Jurisdiction: Mexico, incorporated December 16, 1998      Shareholders: Resmex, LLC 112,365 Shares  (100%)Name: Namex, LLC      Jurisdiction: Delaware, formed December 10, 1999      Manager & Member: FirstCity Mexico, Inc. 22.22%    Name: Cartera en Administracion y Cobranza, S.A. de C.V.     
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         Jurisdiction: Mexico, incorporated December 13, 1999      Manager & Member: Namex, LLC     10,997shares(90%) Name: BIDMEX, LLC      Jurisdiction: Delaware, formed January 28, 2000      Manager & Member: FirstCity Mexico, Inc.    3.21%          Name: Administracion de Carteras Nacionales,        S.A. de C.V.      Jurisdiction: Mexico, incorporated January 2000      Shareholders: BIDMEX, LLC    99.68%          Name: BIDMEX II, LLC      Jurisdiction: Delaware, formed on May 9, 2000      Manager & Member: FirstCity Mexico, Inc.    4.12%          Name: Administraction de Carteras Nacionales II,        S. de R.L. de C.V. (formerly Ome Calpulli, Resolución de Cartera, S. de R.L. de C.V.)  Jurisdiction: Mexico, incorporated on November 17, 1999      Shareholders: BIDMEX II, LLC    99.6%          Name: BIDMEX 3, LLC      Jurisdiction: Delaware, formed on October 20, 2000      Manager & Member: FirstCity Mexico, Inc.    10.0215054%          Name: Administraction de Carteras Empresariales,        S. de R.L. de C.V.      Jurisdiction: Mexico, formed on November 13, 2000      Shareholder: BIDMEX 3, LLC    99.8%          Name: BIDMEX 4, LLC      Jurisdiction: Delaware, formed on March 12, 2001      Manager & Member: FirstCity Mexico, Inc.    20.0%          Name: Cobranza Nacional de Carteras, S.        de R.L. de C.V.      Jurisdiction: Mexico      Shareholder: BIDMEX 4, LLC    100.0%   “Nominee” - 1 Share - Asset Servicing de        Mexico, S.A. de C.V.               Name: BIDMEX 5, LLC      Jurisdiction: Delaware, formed on April 30, 2001      Manager & Member: FirstCity Mexico, Inc.    20.0%          Name: Cobranza Internacional de Carteras, S. de        R.L. de C.V.      Jurisdiction: Mexico      Shareholders: BIDMEX 5, LLC    100.0%          Name: BIDMEX 6, LLC      Jurisdiction: Delaware, formed on May 31, 2001      Manager: FirstCity Mexico, Inc.      Member: Strategic Mexican Investment Partners 2, L.P.  10.00%          Name: Recuperacion de Carteras Mexicanas, S. de R.L. de C.V.  Jurisdiction: Mexico      Shareholders: BIDMEX 6, LLC    100.0%
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         Name: BIDMEX 7, LLC      Jurisdiction: Delaware, formed on May 31, 2001      Manager: FirstCity Mexico, Inc.      Member: Strategic Mexican Investment Partners 2, L.P. 35.00%          Name: Integracion de Activos Mexicanos, S.        de R.L. de C.V.      Jurisdiction: Mexico      Shareholders: BIDMEX 7, LLC 100.0%             Name: FirstCity South America, LLC      Jurisdiction: Texas, formed December 12, 2003      Managers: James C. Holmes        Terry R. DeWitt      Members: FirstCity Holdings Corporation 50%             Name: P.R. L. Developpement, S.A.S.      Jursidiction: France      Ownership: FirstCity Europe Corporation 33.50%             Name: Community Development Investments, LLC      Jurisdiction: Delaware, incorporated June 18, 1999      Manager: WAMCO XXIV, Ltd.      Member: WAMCO XXIV, Ltd.  100% of Common Membership Interests         Name: CFSC Consortium, LLC      Jurisdiction: Delaware, incorporated on August 12, 1999      Members: WAMCO XXVII, Ltd. 51.16%             Name: UHR Limited      Jurisdiction: England and Wales; organized March 15, 1999        (name change from CHRB Limited to UHR        Limited 05-06-99)      Shareholder: FirstCity International Corporation 200        B Shares (20%)             Name: NEVVS Limited      Jurisdication: England and Wales; November 27, 2000      Shareholder: FirstCity International Corporation 250        B Shares (25%)             Name: WHBE Limited      Jurisdiction: England and Wales; December 13, 2001      Shareholder: FirstCity International Corporation 100 B Shares  (10%)         Name: WOX Limited      Jurisdiction: England and Wales; May 27, 2002      Shareholder: FirstCity International Corporation  200 C Shares  (20%)         Name: CRY Limited      Jurisdiction: England and Wales; July 30, 2002      Shareholder: FirstCity International Corporation 200 B Shares  (20%)         Name: CTY Limited      Jurisdiction: England and Wales; December 18, 2002      Shareholder: FirstCity International Corporation 200 B Shares  (20%)
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         Name: WOL Limited      Jurisdiction: England and Wales; June 11, 2003      Shareholder: FirstCity International Corporation 225 C Shares  (22.5%)         Name: WOD Limited      Jurisdiction: England and Wales; November 12, 2003      Shareholder: FirstCity International Corporation 225 C Shares  (22.5%)         Name: NAS Portfolio Limited      Jurisdiction: England and Wales; December 15, 2003      Shareholder: FirstCity International Corporation 190 C Shares  (19.0%)         Name: FirstStreet Investment Corporation      Jurisdiction: Delaware, incorporated on August 9, 1996      Shareholders: FirstCity Commercial Corporation 500 Shares  (50%)         Name: FirstStreet Investment L.L.C.      Jurisdiction: Delaware, certificate filed on August 9, 1996      Members: FirstStreet Investment Corporation,        WAMCO III, Ltd. and WAMCO IX, Ltd.               Name: W&B Property Management, Inc.      Jurisdiction: Texas, incorporated February 12, 1993      Shareholder: FC Properties One, Ltd. 1,000 Shares  (100%)
**B. Corporate General Partners of Limited Partnerships:**         Name: WAMCO III of Texas, Inc.      Jurisdiction: Texas      Shareholder: FirstCity Commercial Corporation 948 Shares  (50%)Name: WAMCO IX of Texas, Inc.      Jurisdiction: Texas      Shareholder: FirstCity Commercial Corporation 200 Shares  (50%)Name: WAMCO XXII of Texas, Inc.      Jurisdiction: Texas, incorporated on May 26, 1995      Shareholder: FirstCity Commercial Corporation 200 Shares  (50%)Name: WAMCO XXIV of Texas, Inc.      Jurisdiction: Texas      Shareholder: FirstCity Commercial Corporation 200 Shares  (50%)Name: WAMCO XXV of Texas, Inc.      Jurisdiction: Texas, incorporated on August 8, 1997      Shareholder: FirstCity Commercial Corporation 200 Shares  (50%)Name: WAMCO XXVI of Texas, Inc.      Jurisdiction: Texas, incorporated on September 22, 1998      Shareholder: FirstCity Commercial Corporation 200 Shares  (50%)Name: WAMCO XXVII of Texas, Inc.      Jurisdiction: Texas, incorporated on September 20, 1999      Shareholder: FirstCity Holdings Corporation 200 Shares  (50%)
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         Name: WAMCO XXVIII of Texas, Inc.      Jurisdiction: Texas, incorporated on March 14, 2000      Shareholder: FirstCity Holdings Corporation 200 Shares  (50%)Name: WAMCO XXX of Texas, Inc.      Jurisdiction: Texas, incorporated on January 5, 2001      Shareholder: FirstCity Holdings Corporation 200 Shares  (50%)Name: WAMCO 31 of Texas, Inc.      Jurisdiction: Texas, incorporated on February 20, 2003      Shareholder: FirstCity Holdings Corporation 200 Shares  (50%)Name: WAMCO 32 of Texas, Inc.      Jurisdiction: Texas, incorporated on October 8, 2003      Shareholder: FirstCity Holdings Corporation 200 Shares  (50%)Name: WAMCO 33 of Texas, Inc.      Jurisdiction: Texas, incorporated on November 12, 2003      Shareholder: FirstCity Holdings Corporation 200 Shares  (50%)Name: FH Asset Corp.      Jurisdiction: Texas, incorporated on December 17, 1996      Shareholder: FirstCity Commercial Corporation 200 Shares  (100%)Name: FC Assets Corp.      Jurisdiction: Texas, incorporated on February 27, 1998      Shareholder: FirstCity Commercial Corporation 200 Shares  (100%)Name: DFC Asset Corp.      Jurisdiction: Texas, incorporated on July 26, 1995      Shareholder: FirstCity Commercial Corporation 1,000 Shares  (100%)Name: First C Corp.      Jurisdiction: Texas, incorporated on March 6, 1998      Shareholder: FirstCity Commercial Corporation 200 Shares  (100%)Name: First X Corp.      Jurisdiction: Texas, incorporated on October 3, 1996      Shareholder: FirstCity Commercial Corporation 200 Shares  (100%)Name: First B Corp.      Jurisdiction: Texas, incorporated on October 10, 1997      Shareholder: FirstCity Commercial Corporation 400 Shares  (100%)Name: SVD Realty Asset Corp.      Jurisdiction: Texas, incorporated on June 6, 1997      Shareholder: FirstCity Commercial Corporation 400 Shares  (100%)Name: FC Assets One Corp.      Jurisdiction: Texas, incorporated on March 17, 1998      Shareholder: FC Assets Corp. 1,000 Shares  (100%)
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         Name: FC Assets Three Corp.      Jurisdiction: Texas, incorporated on March 17, 1998      Shareholder: FC Assets Corp. 1,000 Shares  (100%)Name: FC Assets Four Corp.      Jurisdiction: Texas, incorporated on March 17, 1998      Shareholder: FC Assets Corp. 1,000 Shares  (100%)Name: FC Assets Five Corp.      Jurisdiction: Texas, incorporated on March 17, 1998      Shareholder: FC Assets Corp. 1,000 Shares  (100%Name: FC Assets Six Corp.      Jurisdiction: Texas, incorporated on March 17, 1998      Shareholder: FC Assets Corp. 1,000 Shares  (100%Name: FCS Wood GP, Corp.      Jurisdiction: Texas, incorporated on September 15, 1998      Shareholder: FirstCity Holdings Corporation 200 Shares  (50%)Name: FCS Creamer GP, Corp.      Jurisdiction: Texas, incorporated on April 28, 1999      Shareholder: FirstCity Holdings Corporation 200 Shares  (50%)Name: FCS Wildhorse GP, Corp.      Jurisdiction: Texas, incorporated on June 14, 1999      Shareholder: FirstCity Holdings Corporation 200 Shares  (50%)Name: FCS Fischer GP, Corp.      Jurisdiction: Texas, incorporated on March 13, 2000      Shareholder: FirstCity Holdings Corporation 200 Shares  (33%)Name: MCSFC GP Corp.      Jurisdiction: Texas, incorporated on September 11, 2000      Shareholders: FirstCity Holdings Corporation 500 Shares  (50%)  MCS et Associes, S.A. 500 Shares  (50%)Name: Imperial Partners GP Corp.      Jurisdication: Texas, incorporated on October 4, 2000      Shareholder: FirstCity Holdings Corporation 200 Shares  (100%)Name: MinnTex GP Corp.      Jurisdication: Texas, incorporated on March 11, 2002      Shareholder: FirstCity Holdings Corporation of Minnesota 200 Shares  (50%)Name: FirstGreen GP LLC      Jurisdication: Delaware, formed on August 29, 2003      Member: FirstCity Commercial Corporation 100%    
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               **C.** **Limited Partnerships:**              Name: WAMCO III, Ltd.            Jurisdiction: Texas            Partners: WAMCO III of Texas, Inc. General  2%        FirstCity Commercial Corporation Class A Limited  49%      Name: WAMCO IX, Ltd.            Jurisdiction: Texas            Partners: WAMCO IX of Texas, Inc. General  2%        FirstCity Commercial Corporation Class A Limited  49%      Name: WAMCO XXII, Ltd.            Jurisdiction: Texas, certificate filed on May 26, 1995            Partners: WAMCO XXII of Texas, Inc. General  2%        FirstCity Commercial Corporation Limited  49%      Name: WAMCO XXIV, Ltd.            Jurisdiction: Texas, certificate filed on March 6, 1996            Partners: WAMCO XXIV of Texas, Inc. General  2%        FirstCity Commercial Corporation Limited  49%      Name: WAMCO XXV, Ltd.            Jurisdiction: Texas, certificate filed on August 8, 1997            Partners: WAMCO XXV of Texas, Inc. General  2%        FirstCity Commercial Corporation Limited  49%      Name: WAMCO XXVI, Ltd.            Jurisdiction: Texas, certificate filed on September 22, 1998            Partners: WAMCO XXVI of Texas, Inc. General  0.50%        FirstCity Commercial Corporation Limited  49.75%      Name: WAMCO XXVII, Ltd.            Jurisdiction: Texas, certificate filed on September 20, 1999            Partners: WAMCO XXVII of Texas, Inc. General  2.0%        FirstCity Holdings Corporation Limited  4.0%      Name: WAMCO XXVIII, Ltd.            Jurisdiction: Texas, certificate filed on March 14, 2000            Partners: WAMCO XXVIII of Texas, Inc. General  1.0%        FirstCity Holdings Corporation Limited  49.50%      Name: WAMCO XXX, Ltd.            Jurisdiction: Texas, certificate filed on January 5, 2001            Partners: WAMCO XXX of Texas, Inc. General  1.0%        FirstCity Holdings Corporation Limited  49.50%      Name: WAMCO 31, Ltd.            Jurisdiction: Texas, certificate filed on February 20, 2003            Partners: WAMCO 31 of Texas, Inc. General  1.0%        FirstCity Holdings Corporation Limited  49.50%      Name: WAMCO 32, Ltd.            Jurisdiction: Texas, certificate filed on October 8, 2003            Partners: WAMCO 32 of Texas, Inc. General  1.0%        FirstCity Holdings Corporation Limited  49.50%    
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                 Name: WAMCO 33, Ltd.            Jurisdiction: Texas, certificate filed on November 20, 2003            Partners: WAMCO 33 of Texas, Inc. General  1.0%        FirstCity Holdings Corporation Limited  49.50%      Name: FH Partners, L.P.            Jurisdiction: Texas, certificate filed on December 17, 1996            Partners: FH Asset Corp. General  2%        FirstCity Commercial Corporation Limited  98%      Name: First C Partners, L.P.            Jurisdiction: Texas, certificate filed on March 6, 1998            Partners: First C Corp. General  2%        FirstCity Commercial Corporation Limited  98%      Name: First X Realty, L.P.            Jurisdiction: Texas, certificate filed on October 3, 1996            Partners: First X Corp. General  2%        FirstCity Commercial Corporation Limited  98%      Name: First B Realty, L.P.            Jurisdiction: Texas, certificate filed on October 10, 1997            Partners: First B Corp. General  1%        FirstCity Commercial Corporation Limited  49%      Name: SVD Realty, L.P.            Jurisdiction: Texas, certificate filed on June 6, 1997            Partners: SVD Realty Asset Corp. General  2%        FirstCity Commercial Corporation Limited  98%      Name: FC Properties, Ltd.            Jurisdiction: Texas, certificate filed on February 27, 1998            Partners: FC Assets Corp. General  0.50%        FirstCity Commercial Corporation Limited  14.50%      Name: Diversified Financial Systems, L.P.            Jurisdiction: Texas, certificate filed on April 19, 1999            Partners: DFC Asset Corp. General  1.0%        FirstCity Commercial Corporation Limited  99.0%      Name: FCS Wood, Ltd.            Jurisdiction: Texas, certificate filed on September 15, 1998            Partners: FCS Wood GP Corp. General  0.50%        FirstCity Holdings Corporation Limited  49.75%      Name: FCS Creamer, Ltd.            Jurisdiction: Texas, certificate filed on April 28, 1999            Partners: FCS Creamer GP, Corp. General  0.50%        FirstCity Holdings Corporation Limited  49.75%      Name: FCS Wildhorse, Ltd.            Jurisdiction: Texas, certificate filed on June 14, 1999            Partners: FCS Wildhorse GP, Corp. General  0.50%        FirstCity Holdings Corporation Limited  49.75%    
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                 Name: FCS Fischer, Ltd.            Jurisdiction: Texas, certificate filed on March 13, 2000            Partners: FCS Fischer GP, Corp. General  0.90%        FirstCity Holdings Corporation Limited  24.70%      Name: MCSFC, Ltd.            Jurisdiction: Texas, certificate filed on September 11, 2000            Partners: MCSFC GP Corp. General  0.50%        FirstCity Holdings Corporation Limited  49.75%        MCS et Associes, S.A. Limited  49.75%      Name: Imperial Partners, Ltd.            Jurisdiction: Texas, certificate filed on October 4, 2000            Partners: Imperial Partners GP Corp. General  0.50%        FirstCity Holdings Corporation Limited  99.50%      Name: MinnTex Investment Partners LP            Jurisdiction: Texas, certificate filed on March 11, 2002            Partners: MinnTex GP Corp. General  1.00%        FirstCity Holdings Corporation of Minnesota Limited  33.00%      Name: FirstGreen LP            Jurisdiction: Delaware, August 29, 2003            Partners: FirstGreen GP LLC General  1.0%        FirstCity Commercial Corporation Limited  99.0%      Name: FC Properties One, Ltd.            Jurisdiction: Texas, certificate filed on March 17, 1998            Partners: FC Assets One Corp. General  0.50%        FC Properties, Ltd. Limited  99.50%      Name: FC Properties Three, Ltd.            Jurisdiction: Texas, certificate filed on March 17, 1998            Partners: FC Assets Three Corp. General  0.50%        FC Properties, Ltd. Limited  99.50%      Name: FC Properties Four, Ltd.            Jurisdiction: Texas, certificate filed on March 17, 1998            Partners: FC Assets Four Corp. General  0.50%        FC Properties, Ltd. Limited  99.50%      Name: FC Properties Five, Ltd.            Jurisdiction: Texas, certificate filed on March 17, 1998            Partners: FC Assets Five Corp. General  0.50%        FC Properties, Ltd. Limited  99.50%      Name: FC Properties Six, Ltd.            Jurisdiction: Texas, certificate filed on March 17, 1998            Partners: FC Assets Six Corp. General  0.50%        FC Properties, Ltd. Limited  99.50%      Name: SOWAMCO III of Texas, Inc.            Jurisdiction: Texas            Shareholder: FirstCity Commercial Corporation 200 Shares  50%  Name: SOWAMCO V of Texas, Inc.            Jurisdiction: Texas            Shareholder: FirstCity Commercial Corporation 200 Shares  50%
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                 Name: SOWAMCO VI of Texas, Inc.            Jurisdiction: Texas            Shareholder: FirstCity Commercial Corporation 200 Shares  50%  Name: SOWAMCO VIII of Texas, Inc.            Jurisdiction: Texas            Shareholder: FirstCity Commercial Corporation 200 Shares  50%  Name: SOWAMCO IX of Texas, Inc.            Jurisdiction: Texas            Shareholder: FirstCity Commercial Corporation 200 Shares  50%  Name: SOWAMCO XV of Texas, Inc.            Jurisdiction: Texas            Shareholder: FirstCity Commercial Corporation 200 Shares  50%  Name: SOWAMCO XVII of Texas, Inc.            Jurisdiction: Texas            Shareholder: FirstCity Commercial Corporation 200 Shares  50%  Name: SOWAMCO XVIII of Texas, Inc.            Jurisdiction: Texas            Shareholder: FirstCity Commercial Corporation 200 Shares  50%  Name: SOWAMCO XX of Texas, Inc.            Jurisdiction: Texas            Shareholder: FirstCity Commercial Corporation 200 Shares  50%  Name: SOWAMCO XXII of Texas, Inc.            Jurisdiction: Texas, incorporated on May 26, 1995            Shareholder: FirstCity Commercial Corporation 200 Shares  50%  Name: SOWAMCO XXIV of Texas, Inc.            Jurisdiction: Texas, incorporated on December 15, 1993            Shareholder: FirstCity Commercial Corporation 200 Shares  50%  Name: SOWAMCO XXV of Texas, Inc.            Jurisdiction: Texas, incorporated on May 26, 1995            Shareholder: FirstCity Commercial Corporation 200 Shares  50%  Name: SOWAMCO XXVII of Texas, Inc.            Jurisdiction: Texas, incorporated on January 18, 2000            Shareholder: WAMCO XXVII, Ltd. 400 Shares  100%  Name: SOWAMCO XXVIII of Texas, Inc.            Jurisdiction: Texas, incorporated on March 24, 2000            Shareholder: WAMCO XXVIII, Ltd. 400 Shares  100%  Name: SOWAMCO XXIX of Texas, Inc.            Jurisdiction: Texas, incorporated on December 11, 2000            Shareholders: WAMCO XXVII, Ltd. 400 Shares  100%
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                 Name: SOWAMCO XXX of Texas, Inc.            Jurisdiction: Texas, incorporated on May 30, 2002            Shareholders: WAMCO XXX, Ltd. 400 Shares  100%  Name: SOWAMCO 31 of Texas, Inc.            Jurisdiction: Texas, incorporated on August 20, 2003            Shareholders: WAMCO 31, Ltd. 400 Shares  100%  Consolidated Subsidiary: No            Name: SOWAMCO 33 of Texas, Inc.            Jurisdiction: Texas, incorporated on December 10, 2003            Shareholders: WAMCO 33, Ltd. 400 Shares  100%  Consolidated Subsidiary: No            Name: FH Properties of Texas, Inc.            Jurisdiction: Texas, incorporated on November 19, 1997            Shareholders: FirstCity Commercial Corporation 200 Shares  50%  Consolidated Subsidiary: No            Name: Paloma Asset Corp.            Jurisdiction: Texas, incorporated on November 26, 1996            Shareholders: FirstCity Commercial Corporation 200 Shares  50%  Name: MCSFC Realty GP Corp.            Jurisdiction: Texas, incorporated on September 19, 2000            Shareholders: MCSFC, Ltd. 1,000 Shares  100%  Consolidated Subsidiary: No            Name: WH Realty GP Corp.            Jurisdiction: Texas, incorporated on June 20, 2001            Shareholders: FCS Wildhorse, Ltd. 1,000 Shares  100%  Name: Bosque Investment Realty Corp.            Jurisdiction: Texas, incorporated on June 6, 1997            Shareholders: Bosque Asset Corp. 400 Shares  100%**E.** **REO Affiliate Limited Partnerships:**  Name: SOWAMCO III, Ltd.            Jurisdiction: Texas            Partners: SOWAMCO III of Texas, Inc. General  2%        WAMCO III, Ltd. Limited  98%      Name: SOWAMCO V, Ltd.            Jurisdiction: Texas            Partners: SOWAMCO V of Texas, Inc. General  2%        WAMCO III, Ltd. Limited  98%      Name: SOWAMCO VI, Ltd.            Jurisdiction: Texas            Partners: SOWAMCO VI of Texas, Inc. General  2%        WAMCO III, Ltd. Limited  98%      Name: SOWAMCO VIII, Ltd.            Jurisdiction: Texas            Partners: SOWAMCO VIII of Texas, Inc. General  2%        WAMCO III, Ltd. Limited  98%    
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             Name: SOWAMCO IX, Ltd.          Jurisdiction: Texas          Partners: SOWAMCO IX of Texas, Inc. General  2%      WAMCO IX, Ltd. Limited  98%    Name: SOWAMCO XV, Ltd.          Jurisdiction: Texas          Partners: SOWAMCO XV of Texas, Inc. General  2%      WAMCO III, Ltd. Limited  98%    Name: SOWAMCO XVII, Ltd.          Jurisdiction: Texas          Partners: SOWAMCO XVII of Texas, Inc. General  2%      WAMCO III, Ltd. Limited  98%    Name: SOWAMCO XVIII, Ltd.          Jurisdiction: Texas          Partners: SOWAMCO XVIII of Texas, Inc. General  2%      WAMCO III, Ltd. Limited  98%    Name: SOWAMCO XX, Ltd.          Jurisdiction: Texas          Partners: SOWAMCO XX of Texas, Inc. General  2%      WAMCO III, Ltd. Limited  98%    Name: SOWAMCO XXII, Ltd.          Jurisdiction: Texas, filed Certificate of Limited Partnership on May 26, 1995          Partners: SOWAMCO XXII of Texas, Inc. General  2%      WAMCO XXII, Ltd. Limited  98%    Name: SOWAMCO XXIV, Ltd.          Jurisdiction: Texas, filed Certificate of Limited Partnership on December 15, 1993          Partners: SOWAMCO XXIV of Texas, Inc. General  2%      WAMCO IX, Ltd. Limited  98%    Name: SOWAMCO XXV, Ltd.          Jurisdiction: Texas, filed Certificate of Limited Partnership on May 26, 1995          Partners: SOWAMCO XXV of Texas, Inc. General  2%      WAMCO XXV, Ltd. Limited  98%    Name: SOWAMCO XXVII, Ltd.          Jurisdiction: Texas, filed Certificate of Limited Partnership on January 18, 2000          Partners: SOWAMCO XXVII of Texas, Inc. General  1%      WAMCO XXVII, Ltd. Limited  99%    Name: SOWAMCO XXVIII, Ltd.          Jurisdiction: Texas, filed Certificate of Limited Partnership on March 24, 2000          Partners: SOWAMCO XXVIII of Texas, Inc. General  1%      WAMCO XXVIII, Ltd. Limited  99%    Name: SOWAMCO XXIX, Ltd.          Jurisdiction: Texas, filed Certificate of Limited Partnership on December 11, 2000          Partners: SOWAMCO XXIX of Texas, Inc. General  1%      WAMCO XXVII, Ltd. Limited  99%    Name: SOWAMCO XXX, Ltd.          Jurisdiction: Texas, filed Certificate of Limited Partnership on May 30, 2002          Partners: SOWAMCO XXX of Texas, Inc. General  1%    
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                 WAMCO XXX, Ltd. Limited  99%     Name: SOWAMCO 31, Ltd.           Jurisdiction: Texas, filed Certificate of Limited Partnership on August 20, 2003           Partners: SOWAMCO 31 of Texas, Inc. General  1%       WAMCO 31, Ltd. Limited  99%     Name: SOWAMCO 33, Ltd.           Jurisdiction: Texas, filed Certificate of Limited Partnership on December 10, 2003           Partners: SOWAMCO 33 of Texas, Inc. General  1%       WAMCO 33, Ltd. Limited  99%     Name: FH Properties, L.P.           Jurisdiction: Texas, certificate filed on November 19, 1997           Partners: FH Properties of Texas, Inc. General  2%       FH Partners, L.P. Limited  98%     Name: Paloma Realty, Ltd.           Jurisdiction: Texas, certificate filed on November 26, 1996           Partners: Paloma Asset Corp. General  2%       First Paradee, Ltd. Limited  98%     Name: MCSFC Realty, Ltd.           Jurisdiction: Texas, certificate filed on September 19, 2000           Partners: MCSFC Realty GP corp. General  0.5%       MCSFC, Ltd. Limited  99.5%     Name: WH Realty, Ltd.           Jurisdiction: Texas, certificate filed on June 20, 2001           Partners: WH Realty GP corp. General  0.5%       FCS Wildhorse, Ltd. Limited  99.5%     Name: Bosque Investment Realty Partners, L.P.           Jurisdiction: Texas, certificate filed on June 6, 1997           Partners: Bosque Investment Realty Corp. General  2.0%       Bosque Asset Corp. Limited  98.0%    **3.  ****FirstCity Consumer Lending Corporation. The following corporations, limited partnerships, limitedliability companies and other entities are entities in which FirstCity Consumer Lending Corporation orits subsidiaries own an equity interest.****A.****Corporations:**           Name: FirstCity Servicing Corporation of California             (formerly and d/b/a Milco Loan Servicing Corporation)           Jurisdiction: California, incorporated on January 3, 1991           Shareholder: FirstCity Funding, L.P. 199 Shares  (100%) Name: SL Funding Corporation           Jurisdiction: Texas, incorporated on October 16, 1996           Shareholder: FirstCity Consumer Lending Corporation 1,000 Shares  (100%) Name: ETAFirst Funding Corporation           Jurisdiction: Texas, incorporated on July 17, 1996           Shareholders: SL Funding Corporation 1,000 Shares  (100%)
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             **B.****Corporate orLimited Liability Company General Partners of LimitedPartnerships:**Name: FirstCity Funding GP Corp.          Jurisdiction: Texas, incorporated April 21, 1999          Shareholder: FirstCity Consumer Lending Corporation 4,000 Shares  (80%)  Drive Holdings, LP 1,000 Shares  (20%)Name: Drive GP LLC          Jurisdiction: Delaware, certificate filed on August 9, 2000          Member: FirstCity Consumer Lending Corporation        31%**C.****Limited Partnerships:**      Name: FirstCity Funding, L.P.          Jurisdiction: Texas, certificate filed on April 21, 1999          Partners: FirstCity Funding GP Corp. General  1.0%      FirstCity Consumer Lending Corporation Limited  79.2%      Drive Holdings LP Limited  19.8%    Name: Drive Financial Services LP          Jurisdiction: Delaware, certificate filed on August 9, 2000          Partners: Drive GP LLC General  0.1%      FirstCity Funding, LP Limited  35.93%    **D.****Entities related to DriveFinancial Services LP:**     Name: N.A.F. Receivables Corp.          Jurisdiction: Delaware          Shareholders: Drive Financial Services LP 1,000 Shares  (100%)Name: FCAR Receivables LLC          Jurisdiction: Texas, incorporated on March 30, 1999          Member: Drive Financial Services LP          Name: N.A.F. Auto Receivables Trust 1997-1          Jurisdiction: Delaware Business Trust          Certificate Holder: Drive Financial Services LP          Name: FirstCity Auto Receivables Trust 1998-1          Jurisdiction: Delaware Business Trust          Certificate Holder: FirstCity Consumer Lending Corporation            Drive Financial Services LP          Name: FirstCity Auto Receivables Trust 1998-2          Jurisdiction: Delaware Business Trust          Certificate Holder: FirstCity Consumer Lending Corporation            Drive Financial Services LP          Name: FirstCity Auto Receivables Trust 1998-3          Jurisdiction: Delaware Business Trust          Certificate Holder: Drive Financial Services LP          
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             Name: FirstCity Auto Receivables Trust 1999-1          Jurisdiction: Delaware Business Trust          Certificate Holder: Drive Financial Services LP          Name: FirstCity Auto Receivables Trust 1999-2          Jurisdiction: Delaware Business Trust          Certificate Holder: Drive Financial Services LP          Name: FirstCity Auto Receivables Trust 2000-1          Jurisdiction: Delaware Business Trust          Certificate Holder: Drive Financial Services LP          Name: Drive Auto Receivables Trust 2000-1          Jurisdiction: Delaware Business Trust          Certificate Holder: Drive ABS LP          Name: Drive Auto Receivables Trust 2001-1          Jurisdiction: Delaware Business Trust          Certificate Holder: Drive ABS LP          Name: Drive Auto Receivables Trust 2002-1          Jurisdiction: Delaware Business Trust          Certificate Holder: Drive ABS LP          Name: FirstCity Receivables Corp. 2          Jurisdiction: Delaware          Shareholder: Drive Financial Services LP 100 Shares  (100%)Name: FirstCity Receivables Corp. 3          Jurisdiction: Delaware, June 16, 1998          Shareholder: Drive Financial Services LP 100 Shares  (100%)Name: FirstCity Receivables Corp. 4          Jurisdiction: Delaware          Shareholder: Drive Financial Services LP 100 Shares  (100%)Name: FirstCity Receivables Corp. 5          Jurisdiction: Delaware          Shareholder: Drive Financial Services LP 100 Shares  (100%)Name: FirstCity Receivables Corp. 7          Jurisdiction: Delaware          Shareholder: Drive Financial Services LP 1,000 Shares  (100%)Name: Drive Receivables Corp. 1          Jurisdiction: Delaware          Shareholder: Drive Financial Services LP 1,000 Shares  (100%)Name: Drive Receivables Corp. 2          Jurisdiction: Delaware          Shareholder: Drive Financial Services LP 1,000 Shares  (100%)Name: Drive Holdings LP          Jurisdiction: Delaware, certificate filed on August 9, 2000          Partners: Drive Holdings GP LLC General  1%    
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                 Drive Financial Services LP Limited  99%     Name: Drive Holdings GP LLC           Jurisdiction: Delaware, formed on August 9, 2000           Member: Drive Financial Services LP        100% Name: Drive BOS LP           Jurisdiction: Delaware, certificate filed on August 9, 2000           Partners: Drive BOS GP LLC General  1%       Drive Financial Services LP Limited  99%     Name: Drive BOS GP LLC           Jurisdiction: Delaware, formed on August 9, 2000           Member: Drive Financial Services LP        100% Name: Drive VFC LP           Jurisdiction: Delaware           Partners: Drive VFC GP LLC General  1%       Drive Financial Services LP Limited  99%     Name: Drive VFC GP LLC           Jurisdiction: Delaware           Members: Drive Financial Services LP        100% Name: Drive ABS LP           Jurisdiction: Delaware, certificate filed on August 9, 2000           Partners: Drive ABS GP LLC General  1%       Drive Financial Services LP Limited  99%     Name: Drive ABS GP LLC           Jurisdiction: Delaware, formed on August 9, 2000           Member: Drive Financial Services LP        100% Name: Drive Servicing LLC           Jurisdiction: Delaware, formed on August 9, 2000           Member: Drive Financial Services LP        100%**E.  ****Miscellaneous.**            Name: FirstCity Auto Receivables, L.L.C.           Jurisdiction: Texas, incorporated on April 30, 1998           Members: FirstCity Funding L.P. Floating Variable           FirstCity Consumer Finance Corporation           Name: FirstCity ABS Corp.           Jurisdiction: Delaware           Shareholder: FirstCity Funding L.P. 100 Shares  100% **4.****FirstCity Servicing Corporation. The following corporations, limited partnerships, limited liabilitycompanies and other entities are entities in which FirstCity Servicing Corporation owns an equityinterest.****A.****Corporations:** 
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               Name: Asset Servicing de Mexico S.A. de C.V.           Jurisdiction: Mexico, incorporated December 2, 1998           Shareholders: FirstCity Servicing Corporation 99 Shares  (99%)   FirstCity Financial Corporation 1 Share  (1%) Name: Compagnie Transatlantique de Portefeuilles           Jurisdiction: France, Societe Par Actions Simplifiee, July 22, 1997             FirstCity Servicing Corporation 5,000 Shares  (33%) Name: MCS et Associés, S.A.           Jurisdiction: France, Societe Anonyme           Shareholder: FirstCity Servicing Corporation 1,019 Shares  (10%) Name: FirstCity do Brasil Ltda.           Jurisdiction: Brasil; July 23, 2001           Shareholders: FirstCity Servicing Corporation 999 Quotas  (100%)   FirstCity Holdings Corporation 1 Quotas     Name: Servicios Efectivos de Recuperaction, S.A. de C.V.           Jurisdiction: Mexico; November 16, 2001           Shareholders: Asset Servicing de Mexico  S.A. de C.V. 49,999 Shares  (100%)   FirstCity Servicing Corporation 1 Share     Name: FirstCity Servicing Corporation of Minnesota           Jurisdiction: Texas, incorporated on March 11, 2002           Shareholder: FirstCity Servicing Corporation 400 Shares  (100%) Name: FirstCity Consumer Servicing Corporation           Jurisdiction: Texas, incorporated August 2, 2003           Shareholder: FirstCity Servicing Corporation 400 Shares  (100%)**5.  ****FC Capital Corp. (dba FirstCity Capital Corporation). The following corporations, limited partnerships,limited liability companies and other entities are entities in which FC Capital Corp. and its affiliatesown an equity interest. Name: FirstCity Capital Home Equity Funding Corp.           Jurisdiction: Delaware, incorporated on June 25, 1998           Shareholder: FC Capital Corp. 1,000 Shares  (100%) ***DiscontinuedOperation**             Name: Valhalla Holdings Corp.           Jurisdiction: Delaware, incorporated on June 25, 1998           Shareholder: FC Capital Corp. 1,000 Shares  (100%) ***DiscontinuedOperation**            
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