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 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.



|                                             |  |                             |         |   |      |   |          |    
|-------------------------------------------- |  | --------------------------- | ------- | - | ---- | - | -------- | ---
|                                             |  | Three MonthsEnded March 31, |        
|                                             |  | 2009                        |         |   | 2008 |  
|                                             |  | (Dollars in thousands)      |        
|Net income (loss) from continuing operations |  | $                           | 56,449  |   |      | $ | (887,125 | )  
|Income tax benefit                           |  |                             | (18,671 | ) |      |   | (54,106  | )  
|Equity-method investee distribution          |  |                             | 12,248  |   |      |   | 25,070   |    
|Equity-method investee earnings (losses)     |  |                             | 6,543   |   |      |   | (1,548   | )  
|Interest expense                             |  |                             | 308,666 |   |      |   | 895,725  |    
|Interest portion of rental expense           |  |                             | 4,101   |   |      |   | 8,307    |    
|                                             |  |                             |         |   |      |   |          |    
|Earnings available to cover fixed charges    |  | $                           | 369,336 |   |      | $ | (13,677  | )  
|                                             |  |                             |         |   |      |   |          |    
|Fixed Charges:                               |  |                             |         |   |      |   |          |    
|Interest expense                             |  | $                           | 308,666 |   |      | $ | 895,725  |    
|Interest portion of rental expense           |  |                             | 4,101   |   |      |   | 8,307    |    
|                                             |  |                             |         |   |      |   |          |    
|Total fixed charges                          |  | $                           | 312,767 |   |      | $ | 904,032  |    
|                                             |  |                             |         |   |      |   |          |    
|Ratio of earnings to fixed charges           |  |                             | 1.18    |   |      |   |         | (a)
|                                             |  |                             |         |   |      |   |          |    



|(a) | Earnings available for fixed charges for the three months ended March 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 deficit amount for the ratio is $0.9 billion, for the three months ended March 31, 2008.
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