Exhibit 12.1

Nationstar Mortgage

RATIO OF EARNINGS TO FIXED CHARGES

We had no outstanding shares of preferred stock for the periods shown below. Accordingly, the ratio of combined fixed charges and preference dividends to earnings is identical to the ratio of earnings to fixed charges for the periods shown below.

$ in thousands

	Year Ended December 31,													Three Months Ended March 31,
	2008			2009			2010			2011		2012		2012		2013
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		50,186		62,616
Income tax expense		—			—			—			—		71,296		3,145		38,377
Loss from equity method investments		—			—			—			107		14,571		117		—
Fixed Charges		70,255			73,431			119,288			109,039		202,470		25,848		94,120
Earnings as adjusted		(87,355	)		(7,446	)		109,374			130,033		493,624		79,296		195,113
Calculation of fixed charges
Interest expense		65,548			69,883			116,163			105,375		197,308		24,980		92,374
Interest on lease obligations		4,707			3,548			3,125			3,664		5,162		868		1,746
Total fixed charges		70,255			73,431			119,288			109,039		202,470		25,848		94,120
Calculation of Earnings to Fixed Charges		(1.24	)		(0.10	)		0.92			1.19		2.44		3.07		2.07
Coverage deficiencies		157,610			80,877			9,914			—		—		—		—