EXHIBIT INDEX

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 purposes of
computing the ratio of earnings to fixed charges, earnings represent income from continuing operations 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.



|                                          |  |                             |          |   |                           |   |            |      |  |   |          |   |  |   |            |  
|----------------------------------------- |  | --------------------------- | -------- | - | ------------------------- | - | ---------- | ---- |  | - | -------- | - |  | - | ---------- | -
|                                          |  | Three Months Ended June 30, |          |   | Six Months Ended June 30, |  
|                                          |  | 2009                        |          |   | 2008                      |   |            | 2009 |  |   | 2008     |  
|                                          |  | (Dollars in thousands)      |         
|Net loss from continuing operations       |  | $                           | (841,145 | ) |                           | $ | (1,857,740 | )    |  | $ | (784,696 | ) |  | $ | (2,744,865 | )
|Income tax (benefit) expense              |  |                             | (1,048   | ) |                           |   | 136,408    |      |  |   | (19,719  | ) |  |   | 82,302     |  
|Equity-method investee distributions      |  |                             |         |   |                           |   | 34,692     |      |  |   |         |   |  |   | 59,762     |  
|Equity-method investee losses             |  |                             |         |   |                           |   | 16,131     |      |  |   | 6,543    |   |  |   | 14,583     |  
|Interest expense                          |  |                             | 282,041  |   |                           |   | 694,465    |      |  |   | 590,707  |   |  |   | 1,590,190  |  
|Interest portion of rental expense        |  |                             | 2,892    |   |                           |   | 8,618      |      |  |   | 6,993    |   |  |   | 16,821     |  
|                                          |  |                             |          |   |                           |   |            |      |  |   |          |   |  |   |            |  
|Earnings available to cover fixed charges |  | $                           | (557,260 | ) |                           | $ | (967,426   | )    |  | $ | (200,172 | ) |  | $ | (981,207   | )
|                                          |  |                             |          |   |                           |   |            |      |  |   |          |   |  |   |            |  
|Fixed Charges:                            |  |                             |          |   |                           |   |            |      |  |   |          |   |  |   |            |  
|Interest expense                          |  | $                           | 282,041  |   |                           | $ | 694,465    |      |  | $ | 590,707  |   |  | $ | 1,590,190  |  
|Interest portion of rental expense        |  |                             | 2,892    |   |                           |   | 8,618      |      |  |   | 6,993    |   |  |   | 16,821     |  
|                                          |  |                             |          |   |                           |   |            |      |  |   |          |   |  |   |            |  
|Total fixed charges                       |  |                             | 284,933  |   |                           | $ | 703,083    |      |  | $ | 597,700  |   |  | $ | 1,607,011  |  
|                                          |  |                             |          |   |                           |   |            |      |  |   |          |   |  |   |            |  
|Ratio of earnings to fixed charges(a)(b)  |  |                             |         |   |                           |   |           |      |  |   |         |   |  |   |           |  
|                                          |  |                             |          |   |                           |   |            |      |  |   |          |   |  |   |            |  



|(a) | The ratio calculation indicates a less than one-to-one coverage for the three and six months ended June 30, 2008. Earnings available for fixed charges for the three and six
months ended June 30, 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 deficit amounts for the ratio are $1.7 and $2.6 billion,
respectively.
|--- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|(b) | The ratio calculation indicates a less than one-to-one coverage for the three and six months ended June 30, 2009. Earnings available for fixed charges for the three and six
months ended June 30, 2009 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 deficit amounts for the ratios is $0.8 billion for both
periods.
|--- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------