SCI Services S-4 Registration of securities issued in business combination transactions

Exhibit 12.1

SAXON CAPITAL, INC.

CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES

(DOLLARS IN THOUSANDS)

	Three Months Ended March 31,		Years Ended December 31,												For the Period July 6, 2001 to December 31,			For the Period January 1, 2001 to July 5,
	2006		2005			2004			2003			2002			2001			2001
Consolidated net income	$	26,399	$	110,660		$	106,324		$	67,682		$	(1,639	)	$	15,799		$	29,507
Add: consolidated provision for income taxes		2,912		(5,902	)		4,986			40,105			(849	)		(9,944	)		(21,608	)
Add: estimated fixed charges		84,592		259,570			148,613			116,568			85,422			22,674			7,990
Total earnings available for fixed charges	$	113,903	$	364,328		$	259,923		$	224,355		$	82,934		$	28,529		$	15,889
Interest on debt and capitalized leases	$	81,821	$	256,638		$	175,351		$	148,938		$	102,356		$	25,231		$	7,796
Amortization of debt discount and expense		2,666		2,558			(27,017	)		(32,613	)		(17,124	)		(2,767	)		—
Interest element of rentals		105		372			279			243			190			210			194
Total fixed charges	$	84,592	$	259,570		$	148,613		$	116,568		$	85,422		$	22,674		$	7,990
Ratio of earnings to fixed charges		1.3		1.4			1.7			1.9			1.0			1.3			2.0