Exhibit 21.1
| NEWCASTLE INVESTMENT CORP. SUBSIDIARIES | ||||||
Subsidiary | State/Country of Incorporation/Formation | |||||
1. | Dayton Asset Holding LLC | Delaware | ||||
2. | DBNC Peach Holdings LLC | Delaware | ||||
3. | DBNC Peach I Trust | Delaware | ||||
4. | DBNC Peach LLC | Delaware | ||||
5. | Fortress Asset Trust | Delaware | ||||
6. | Impac CMB Trust 1998-C1 | Delaware | ||||
7. | Impac Commercial Assets Corporation | California | ||||
8. | Impac Commercial Capital Corporation | California | ||||
9. | Impac Commercial Holdings, Inc. | Maryland | ||||
10. | Karl S.A. | Belgium | ||||
11. | LIV Holdings LLC | Delaware | ||||
12. | NCT Holdings II LLC | Delaware | ||||
13. | NCT Holdings LLC | Delaware | ||||
14. | Newcastle 2005-1 Asset Backed Note LLC | Delaware | ||||
15. | Newcastle 2006-1 Asset Backed Note LLC | Delaware | ||||
16. | Newcastle 2006-1 Depositor LLC | Delaware | ||||
17. | Newcastle CDO IV Corp. | Delaware | ||||
18. | Newcastle CDO IV Holdings LLC | Delaware | ||||
19. | Newcastle CDO IV, Ltd. | Cayman Islands | ||||
20. | Newcastle CDO V Corp. | Delaware | ||||
21. | Newcastle CDO V Holdings LLC | Delaware | ||||
22. | Newcastle CDO V, Ltd. | Cayman Islands | ||||
23. | Newcastle CDO VI Corp. | Delaware | ||||
24. | Newcastle CDO VI Holdings LLC | Delaware | ||||
25. | Newcastle CDO VI, Ltd. | Cayman Islands | ||||
26. | Newcastle CDO VII Corp. | Delaware | ||||
27. | Newcastle CDO VII Holdings LLC | Delaware | ||||
28. | Newcastle CDO VII, Limited | Cayman Islands | ||||
29. | Newcastle CDO VIII 1, Limited | Cayman Islands | ||||
30. | Newcastle CDO VIII 2, Limited | Cayman Islands | ||||
31. | Newcastle CDO VIII Holdings LLC | Delaware | ||||
32. | Newcastle CDO VIII LLC | Delaware | ||||
33. | Newcastle CDO IX 1, Limited | Cayman Islands | ||||
34. | Newcastle CDO IX 2, Limited | Cayman Islands | ||||
35. | Newcastle CDO IX Holdings LLC | Delaware | ||||
36. | Newcastle CDO IX LLC | Delaware | ||||
37. | Newcastle CDO X Holdings LLC | Delaware | ||||
38. | Newcastle CDO X Limited | Cayman Islands | ||||
39. | Newcastle CDO X LLC | Delaware | ||||
40. | Newcastle Foreign TRS Ltd. | Cayman Islands | ||||
Continued on next page.
Exhibit 21.1
| NEWCASTLE INVESTMENT CORP. SUBSIDIARIES | ||||||
Subsidiary | State/Country of Incorporation/Formation | |||||
41. | Newcastle Investment Trust 2010-MH1 | Delaware | ||||
42. | Newcastle Investment Trust 2011-MH1 | Delaware | ||||
43. | Newcastle MH I LLC | Delaware | ||||
44. | Newcastle Mortgage Securities LLC | Delaware | ||||
45. | Newcastle Mortgage Securities Trust 2004-1 | Delaware | ||||
46. | Newcastle Mortgage Securities Trust 2006-1 | Delaware | ||||
47. | Newcastle Mortgage Securities Trust 2007-1 | Delaware | ||||
48. | Newcastle Trust I | Delaware | ||||
49. | NIC Airport Corporate Center LLC | Delaware | ||||
50. | NIC Apple Valley I LLC | Delaware | ||||
51. | NIC Apple Valley II LLC | Delaware | ||||
52. | NIC Apple Valley III LLC | Delaware | ||||
53. | NIC CRA LLC | Delaware | ||||
54. | NIC Dayton Town Center LLC | Delaware | ||||
55. | NIC DB LLC | Delaware | ||||
56. | NIC DP LLC | Delaware | ||||
57. | NIC Management LLC | Delaware | ||||
58. | NIC MSR I LLC | Delaware | ||||
59. | NIC MSR II LLC | Delaware | ||||
60. | NIC MSR LLC | Delaware | ||||
61. | NIC OTC LLC | Delaware | ||||
62. | NIC SF LLC | Delaware | ||||
63. | NIC SN LLC | Delaware | ||||
64. | NIC TP LLC | Delaware | ||||
65. | NIC TRS Holdings, Inc. | Delaware | ||||
66. | NIC TRS LLC | Delaware | ||||
67. | NIC WL II LLC | Delaware | ||||
68. | NIC WL LLC | Delaware | ||||
69. | SP I Term Facility LLC | Delaware | ||||
70. | SSL Term Loan LLC | Delaware | ||||
71. | Steinhage B.V. | Netherlands | ||||
72. | Xanadu Asset Holdings LLC | Delaware | ||||