Exhibit 12.1

Nationstar Mortgage

RATIO OF EARNINGS TO FIXED CHARGES

$ in thousands

	Year Ended December 31,
	2008			2009			2010			2011		2012
Calculation of income/(loss) from continuing before income taxes and fixed charges
Net income/(loss) from continuing operations		(157,610	)		(80,877	)		(9,914	)		20,887		205,287
Income tax expense		—			—			—			—		71,296
Loss from equity method investments		—			—			—			107		14,571
Fixed Charges		70,255			73,431			119,288			109,039		202,470
Earnings as adjusted		(87,355	)		(7,446	)		109,374			130,033		493,624
Calculation of fixed charges
Interest expense		65,548			69,883			116,163			105,375		197,308
Interest on lease obligations		4,707			3,548			3,125			3,664		5,162
Total fixed charges		70,255			73,431			119,288			109,039		202,470
Calculation of Earnings to Fixed Charges		(1.24	)		(0.10	)		0.92			1.19		2.44
Coverage deficiencies		157,610			80,877			9,914			—		—