LIST OF CONSOLIDATED ENTITIES
Published on March 8, 2010
Exhibit
21.1
Dynex
Capital, Inc.
List of
Consolidated Entities
As of
December 31, 2009
Mortgage
Investment Corporation
Investment
Capital Access, Inc.
Commercial Capital Access One,
Inc.
MERIT Securities
Corporation
Financial Asset Securitization,
Inc.
GLS
Capital Services, Inc.
GLS Development, Inc.
SMFC
Funding Corporation
MSC I
L.P.
Issued
Holdings Capital Corporation
Copperhead Ventures, LLC
GLS Capital, Inc.
GLS Properties, LLC
Allegheny Commercial Properties I,
LLC
Allegheny Income Properties I,
LLC
Allegheny Special Properties,
LLC
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NOTE:
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All
companies were incorporated in Virginia except for GLS Properties, LLC,
Allegheny Commercial Properties I, LLC, Allegheny Income Properties I,
LLC, and Allegheny Special Properties, LLC, which were incorporated in
Pennsylvania.
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