Exhibit 21.1
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Subsidiaries |
| Jurisdiction |
Sutherland Partners, LP |
| Delaware |
Sutherland Asset I, LLC |
| Delaware |
ReadyCap Holdings, LLC |
| Delaware |
ReadyCap Commercial, LLC |
| Delaware |
ReadyCap Lending, LLC |
| Delaware |
ReadyCap Lending SBL Depositor, LLC |
| Delaware |
ReadyCap Lending Small Business Loan Trust 2015-1 |
| Delaware |
RL CIT 2014-01, LLC |
| Delaware |
ReadyCap Warehouse Financing LLC |
| Delaware |
Silverthread Capital, LLC |
| Delaware |
Waterfall Commercial Depositor LLC |
| Delaware |
Waterfall Victoria Mortgage Trust 2011-SBC1 |
| Delaware |
Waterfall Victoria Mortgage Trust 2010-SBC1 REO, LLC |
| Delaware |
Waterfall Victoria Mortgage Trust 2011-SBC2 |
| Delaware |
Sutherland Warehouse Trust |
| Delaware |
SBC Grantor Trust A |
| Delaware |
Sutherland Grantor Trust, Series I |
| Delaware |
Sutherland Grantor Trust, Series V |
| Delaware |
Sutherland 2015-1 Grantor Trust |
| Delaware |
Waterfall Commercial Depositor II, LLC |
| Delaware |
ReadyCap Mortgage Trust 2014-01 |
| Delaware |
ReadyCap Mortgage Trust 2015-02 |
| Delaware |
ReadyCap Mortgage Trust 2016-03 |
| Delaware |
Sutherland Commercial Mortgage Depositor, LLC |
| Delaware |
Sutherland Commercial Mortgage Loans 2015-SBC4, LLC |
| Delaware |
Sutherland 2015-SBC4 REO I, LLC |
| Delaware |
Sutherland Grantor Trust, Series II |
| Delaware |
Sutherland Grantor Trust, Series III |
| Delaware |
Sutherland Grantor Trust, Series IV |
| Delaware |
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Subsidiaries |
| Jurisdiction |
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Sutherland Grantor Trust, Series VII |
| Delaware |
SAMC REO 2013-01, LLC |
| Delaware |
Sutherland Asset II, LLC |
| Delaware |
Cascade RE, LLC |
| Vermont |
Skye Hawk RE, LLC |
| Vermont |
Skyeburst IC, LLC |
| Vermont |
Sutherland Grantor Trust, Series VI |
| Delaware |
Ready Capital Mortgage Depositor, LLC |
| Delaware |
ReadyCap Commercial Asset Depositor, LLC |
| Delaware |
ReadyCap Commercial Mortgage Depositor, LLC |
| Delaware |
Sutherland Asset Management, LLC |
| Delaware |
SAMC Trust |
| Maryland |
SAMC Honeybee Holdings, LLC |
| Delaware |
SAMC Honeybee TRS, LLC |
| Delaware |
GMFS, LLC |
| Delaware |
Sutherland Asset III, LLC |
| Delaware |
Ready Capital TRS I, LLC |
| Delaware |
Ready Capital Partners I, LLC |
| Delaware |
Ready Capital Subsidiary REIT I, LLC |
| Delaware |
Ready Capital Mortgage Depositor II, LLC |
| Delaware |
RCL Sub I, LLC |
| Delaware |
Ready Capital Mortgage Financing 2017-FL1, LLC |
| Delaware |
Sutherland 2016-1 JPM Grantor Trust |
| Delaware |
Sutherland 2016 FCB Grantor Trust |
| Delaware |
Sutherland Warehouse Trust II |
| Delaware |
Sutherland Commercial Mortgage Depositor II, LLC |
| Delaware |