Exhibit 12.1

Residential Capital, LLC

Exhibit 12.1  Computation of the Ratio of Earnings to Fixed Charges

The following table sets forth our ratio of earnings to fixed charges on a historical basis for the periods indicated for the years
ended December 31, 2008, 2007 and 2006. For purposes of computing the ratio of earnings to fixed charges, earnings represent income before taxes and fixed charges. Fixed charges consist of interest expense and one-third of rental expense, which
we believe to be representative of the interest portion of rent expense.



|                                                          |  |                         |            |   |      |   |            |      |  |   |           |  
|--------------------------------------------------------- |  | ----------------------- | ---------- | - | ---- | - | ---------- | ---- |  | - | --------- | -
|                                                          |  | Year Ended December 31, |           
|(Dollars in thousands)                                    |  | 2008                    |            |   | 2007 |   |            | 2006 | 
|                                                          |  | (Dollars in thousands)  |           
|Net (loss) income before adjustment for minority interest |  | $                       | (5,572,957 | ) |      | $ | (4,252,310 | )    |  | $ | 714,747   |  
|Income tax (benefit) expense                              |  |                         | (10,171    | ) |      |   | 19,790     |      |  |   | (289,173  | )
|Equity-method investee distribution                       |  |                         | 111,369    |   |      |   | 65,397     |      |  |   | 651,402   |  
|Equity-method investee earnings                           |  |                         | 36,376     |   |      |   | 79,794     |      |  |   | (499,953  | )
|Interest expense                                          |  |                         | 3,894,384  |   |      |   | 6,560,846  |      |  |   | 6,460,220 |  
|Interest portion of rental expense                        |  |                         | 31,004     |   |      |   | 42,760     |      |  |   | 41,658    |  
|                                                          |  |                         |            |   |      |   |            |      |  |   |           |  
|Earnings available to cover fixed charges                 |  | $                       | (1,509,995 | ) |      | $ | 2,516,277  |      |  | $ | 7,078,901 |  
|                                                          |  |                         |            |   |      |   |            |      |  |   |           |  
|Fixed Charges:                                            |  |                         |            |   |      |   |            |      |  |   |           |  
|                                                          |  |                         |           
|Interest expense                                          |  | $                       | 3,894,384  |   |      | $ | 6,560,846  |      |  | $ | 6,460,220 |  
|Interest portion of rental expense                        |  |                         | 31,004     |   |      |   | 42,760     |      |  |   | 41,658    |  
|                                                          |  |                         |            |   |      |   |            |      |  |   |           |  
|Total fixed charges                                       |  | $                       | 3,925,388  |   |      | $ | 6,603,606  |      |  | $ | 6,501,878 |  
|                                                          |  |                         |            |   |      |   |            |      |  |   |           |  
|Ratio of earnings to fixed charges(a)                     |  |                         |           |   |      |   | 0.38       |      |  |   | 1.09      |  
|                                                          |  |                         |            |   |      |   |            |      |  |   |           |  



|(a) | Earnings available for fixed charges for the year ended December 31, 2008 is negative, and therefore, no ratio to fixed charges is calculated and the earnings available for
fixed charges is inadequate to cover total fixed charges. The ratio calculation indicates a less than one-to-one coverage for the year ended December 31, 2007. The deficit amounts for the ratio are $5.4 and $4.1 billion, for the years ended
December 31, 2008 and 2007, respectively
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