##### 



Exhibit 12.1


Residential Capital, LLC


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




|                                          |                                    |                        |           |           |                     |   |           |           |  |   |           |           |  |   |           |           | 
|----------------------------------------- | ---------------------------------- | ---------------------- | --------- | --------- | ------------------- | - | --------- | --------- |  | - | --------- | --------- |  | - | --------- | --------- | 
|                                          |                                    | Three Months           |           |           | Nine Months         |  
|                                          |                                    | Ended September 30,    |           |           | Ended September 30, |  
|                                          |                                    |                        |           |           |                     |  
|                                          |                                    | 2006                   |           |           | 2005                |   |           | 2006      |  |   | 2005      |          
|                                          |                                    |                        |           |           |                     |   |           |           |  |   |           |          
|                                          |                                    | (Dollars in thousands) |          
|Net income                                |                                    | $                      | 83,433    |           |                     | $ | 280,105   |           |  | $ | 833,075   |           |  | $ | 902,326   |          
|Income tax expense                        |                                    |                        | 65,538    |           |                     |   | 191,197   |           |  |   | 534,129   |           |  |   | 556,873   |          
|Equity-method investee distribution       |                                    |                        | 5,958     |           |                     |   | 111,821   |           |  |   | 653,744   |           |  |   | 203,576   |          
|Equity-method investee earnings           |                                    |                        | (10,943   | )         |                     |   | (27,067   | )         |  |   | (490,791  | )         |  |   | (93,294   | )        
|Interest expense                          |                                    |                        | 1,703,606 |           |                     |   | 1,037,422 |           |  |   | 4,696,869 |           |  |   | 2,653,393 |          
|Interest portion of rental expense        |                                    |                        | 9,990     |           |                     |   | 10,367    |           |  |   | 30,036    |           |  |   | 29,143    |          
|                                          |                                    |                        |           |           |                     |   |           |           |  |   |           |          
|Earnings available to cover fixed charges |                                    | $                      | 1,857,582 |           |                     | $ | 1,603,845 |           |  | $ | 6,257,062 |           |  | $ | 4,252,017 |          
|                                          |                                    |                        |           |           |                     |   |           |           |  |   |           |          
|Fixed Charges:                            |                                    |                        |           |           |                     |   |           |           |  |   |           |           |  |   |           |          
|                                          | Interest expense                   |                        | $         | 1,703,606 |                     |   | $         | 1,037,422 |  |   | $         | 4,696,869 |  |   | $         | 2,653,393 | 
|                                          | Interest portion of rental expense |                        |           | 9,990     |                     |   |           | 10,367    |  |   |           | 30,036    |  |   |           | 29,143    | 
|                                          |                                    |                        |           |           |                     |   |           |           |  |   |           |          
|Total fixed charges                       |                                    | $                      | 1,713,596 |           |                     | $ | 1,047,789 |           |  | $ | 4,726,905 |           |  | $ | 2,682,536 |          
|                                          |                                    |                        |           |           |                     |   |           |           |  |   |           |          
|Ratio of earnings to fixed charges        |                                    |                        | 1.08      |           |                     |   | 1.53      |           |  |   | 1.32      |           |  |   | 1.59      |          
|                                          |                                    |                        |           |           |                     |   |           |           |  |   |           |