EXHIBIT 21.1

SUBSIDIARIES

Subsidiary	Jurisdiction of Incorporation
Five Oaks Acquisition Corp.	Delaware
Oaks Funding, LLC	Delaware
Oaks Funding II, LLC	Delaware
Oaks Holding I, LLC	Delaware
Lument CMT Equity, LLC	Delaware
Lument CMT Finance, LLC	Delaware
Lument Commercial Mortgage Trust	Maryland
LFT CRE 2021-FL1 Advances, LLC	Delaware
LFT CRE 2021-FL1 Preferred, LLC	Delaware
LFT CRE 2021-FL1, Ltd.	Cayman Islands
LFT CRE 2021-FL1, LLC	Delaware
LFT CRE 2021-FL1 Seller, LLC	Delaware
LCMT REO I Corp.	Maryland
LMF 2023-1, LLC	Delaware
LMF 2023-1 Holder, LLC	Delaware