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Via EDGAR and e-mail mewa@sec.gov Securities and Exchange Commission Filed March 21, 2005 Form 10-Q for the quarter ended June 30, 2005 Filed on August 12, 2005 File No.: 033-19694

Re:

Dear Mr. Spirgel:

On behalf of FirstCity Financial Corporation (the “Company” or “FirstCity”), I submit the following response to questions asked on the conference call today with SEC Staff and the Company in regard to the ownership structure of the Mexican Acquisition Partnerships and European Acquisition Partnerships listed in our response of November 10, 2005 in response to comment 4.

Schedule of

Mexican and European Acquisition Partnerships

And Related Entities of

FirstCity Financial Corporation

FirstCity Holdings Corporation. The following corporations, limited partnerships, limited liability companies and other entities are entities in which FirstCity Holdings Corporation or certain of its subsidiaries own an equity interest. (Consolidated entity)

Name:

Strategic Mexican Lending Partners, L.P.

Jurisdiction:

Texas, certificate filed on May 8, 2001

Partners:

FirstCity Holdings Corporation

General

1.0

%

FirstCity Holdings Corporation

Limited

89.0

%

Sergio Madrazo

Limited

10.0

%

Consolidated Subsidiary:

Yes

Name:

Strategic Mexican Lending Partners 2, L.P.

Jurisdiction:

Texas, certificate filed on July 3, 2001

Partners:

FirstCity Holdings Corporation

General

1.0

%

FirstCity Holdings Corporation

Limited

89.0

%

Sergio Madrazo

Limited

10.0

%

Consolidated Subsidiary:

Yes

Name:

Strategic Mexican Investment Partners 2, L.P.

Jurisdiction:

Texas, certificate filed on July 3, 2001

Partners:

FirstCity Holdings Corporation

General

1.0

%

FirstCity Holdings Corporation

Limited

89.0

%

Sergio Madrazo

Limited

10.0

%

Consolidated Subsidiary:

Yes

FirstCity Mexico, Inc. The following corporations, limited partnerships, limited liability companies and other entities are entities in which FirstCity Mexico, Inc. or certain of its subsidiaries own an equity interest. (Consolidated entity)

Name:

Strategic Mexican Investment Partners, L.P.

Jurisdiction:

Texas, certificate filed on May 8, 2001

Partners:

FirstCity Mexico, Inc.

General

1.0

%

FirstCity Mexico, Inc.

Limited

89.0

%

Sergio Madrazo

Limited

10.0

%

Consolidated Subsidiary:

Yes

Name:

Resmex, LLC

Jurisdiction:

Delaware, incorporated December 11, 1998

Manager & Member:

FirstCity Mexico, Inc.

11.12

%

Member:

Cargill Financial Services International, Inc.

55.55

%

Member:

Cerberus Partners, L.P.

33.33

%

Consolidated Subsidiary:

No

Name:

Residencial Oeste, S.A. de C.V.

Jurisdiction:

Mexico, incorporated December 16, 1998

Authorized Shares:

112,366 Shares, 100 pesos par value

Outstanding Shares:

112,366

Treasury Shares:

None

Shareholders:

Resmex, LLC

112,365 Shares / Cert. No. 1 (499 Shares)

and Cert. No. 3 (111,866 Shares)

Armando Francisco Weil Goldsmith

1 Share/ Cert. No. 2

Consolidated Subsidiary:

No

Name:

Namex, LLC

Jurisdiction:

Delaware, formed December 10, 1999

Manager & Member:

FirstCity Mexico, Inc.

22.22

%

Member:

Cargill Financial Services International, Inc.

38.89

%

Member:

Blackacre Capital Partners, L.P.

38.89

%

Consolidated Subsidiary:

No

Name:

Cartera en Administracion y Cobranza, S.A. de C.V.

Jurisdiction:

Mexico, incorporated December 13, 1999

Shareholders:

Namex, LLC

%

Consolidated Subsidiary:

No

Name:

BIDMEX, LLC

Jurisdiction:

Delaware, formed January 28, 2000

Manager & Member:

FirstCity Mexico, Inc.

3.2102766

%

Member:

Cargill Financial Services International, Inc.

25.6533915

%

Member:

Blackacre Capital Partners, L.P.

41.8972988

%

Member:

Wayland Investment Fund II, LLC

16.2439073

%

Member:

MSIF Partners

12.9951259

%

Consolidated Subsidiary:

No

Name:

Administracion de Carteras Nacionales, S.A. de C.V.

Jurisdiction:

Mexico, incorporated January, 2000

Shareholders:

BIDMEX, LLC

%

Consolidated Subsidiary:

No

Name:

BIDMEX II, LLC

Jurisdiction:

Delaware, formed on May 9, 2000

Manager & Member:

FirstCity Mexico, Inc.

4.1164659

%

Member:

Cargill Financial Services International, Inc.

42.9216867

%

Member:

Blackacre Capital Partners, L.P.

42.9216867

%

Member:

MSIF Partners

10.0401606

%

Consolidated Subsidiary:

No

Name:

Administraction de Carteras Nacionales II, S. de R.L. de C.V.

(formerly Ome Calpulli, Resolución de Cartera, S. de R.L. de C.V.)

Jurisdiction:

Mexico, incorporated on November 17, 1999

Shareholders:

BIDMEX II, LLC

%

Consolidated Subsidiary:

No

Name:

BIDMEX 3, LLC

Jurisdiction:

Delaware, formed on October 20, 2000

Manager:

FirstCity Mexico, Inc.

Member:

Stategic Mexican Investment Partners, LP

10.0215054

%

Member:

Cargill Financial Services International, Inc.

39.9784946

%

Member:

Cerberus Cremi, LLC

39.9784946

%

Member:

MSIF Partners

10.0215054

%

Consolidated Subsidiary:

No

Name:

Administraction de Carteras Empresariales, S. de R.L. de C.V.

Jurisdiction:

Mexico, formed on November 13, 2000

Shareholders:

BIDMEX 3, LLC

%

Consolidated Subsidiary:

No

Name:

BIDMEX 4, LLC

Jurisdiction:

Delaware, formed on March 12, 2001

Manager:

FirstCity Mexico, Inc.

Member:

Strategic Mexican Investment Partners, LP

20.0

%

Member:

Cargill Financial Services International, Inc.

40.0

%

Member:

Cerberus SBL, LLC

40.0

%

Consolidated Subsidiary:

No

Name:

Cobranza Nacional de Carteras, S. de R.L. de C.V.

Jurisdiction:

Mexico, formed on March 16, 2001

Shareholders:

BIDMEX 4, LLC

100.0

%

Consolidated Subsidiary:

No

Name:

BIDMEX 5, LLC

Jurisdiction:

Delaware, formed on April 30, 2001

Manager & Member:

FirstCity Mexico, Inc.

20.0

%

Member:

Cargill Financial Services International, Inc.

40.0

%

Member:

Cerberus SBL, LLC

40.0

%

Consolidated Subsidiary:

No

Name:

Cobranza Internacional de Carteras, S. de R.L. de C.V.

Jurisdiction:

Mexico, formed on May 15, 2001

Shareholders:

BIDMEX 5, LLC

100.0

%

Consolidated Subsidiary:

No

Name:

BIDMEX 6, LLC

Jurisdiction:

Delaware, formed on May 31, 2001

Manager:

FirstCity Mexico, Inc.

Member:

Cargill Financial Services International, Inc.

39.75

%

Member:

Cerberus SBL, LLC

39.75

%

Member:

MSIF Partners

10.50

%

Member:

Strategic Mexican Investment Partners 2, L.P.

10.00

%

Consolidated Subsidiary:

No

Name:

Recuperacion de Carteras Mexicanas, S. de R.L. de C.V.

Jurisdiction:

Mexico, formed on June 21, 2001

Shareholders:

BIDMEX 6, LLC

100.0

%

Consolidated Subsidiary:

No

Name:

BIDMEX 7, LLC

Jurisdiction:

Delaware, formed on May 31, 2001

Manager:

FirstCity Mexico, Inc.

Member:

Cargill Financial Services International, Inc.

55.00

%

Member:

PDDF I, L.P.

20.00

%

Member:

Strategic Mexican Investment Partners, L.P.

25.00

%

Consolidated Subsidiary:

No

Name:

Integracion de Activos Mexicanos, S. de R.L. de C.V.

Jurisdiction:

Mexico, formed on March 11, 2002

Shareholders:

BIDMEX 7, LLC

100.0

%

Name:

BIDMEX 8, LLC

Jurisdiction:

Delaware, formed on May 31, 2001

Manager:

FirstCity Mexico, Inc.

Members:

Cargill Financial Services International, Inc.

%

PDDF I, L.P.

%

Strategic Mexican Investment Partners, L.P.

%

Consolidated Subsidiary:

No

Name:

Recuperacion de Activos Mexicanos, S. de R.L. de C.V.

Jurisdiction:

Mexico, formed on March 11, 2002

Shareholders:

BIDMEX 8, LLC

100.0

%

Consolidated Subsidiary:

No

Name:

BIDMEX 9, LLC

Jurisdiction:

Delaware, formed on January 7, 2003

Manager:

FirstCity Mexico, Inc.

Members:

Cargill Financial Services International, Inc.

%

Strategic Mexican Investement Partners, L.P.

%

Consolidated Subsidiary:

No

Name:

Solucion de Activos Residenciales, S. de R.L. de C.V.

Jurisdiction:

Mexico, formed on April 16 , 2004

Shareholders:

BIDMEX 9, LLC

100.0

%

Consolidated Subsidiary:

No

Name:

BIDMEX 10, LLC

Jurisdiction:

Delaware, formed on July 8, 2004

Manager:

FirstCity Mexico, Inc.

Members:

Cargill Financial Services International, Inc.

%

FirstCity Mexico, Inc.

%

Consolidated Subsidiary:

No

Name:

Solucion de Activos Comerciales, S. de R.L. de C.V.

Jurisdiction:

Mexico, formed on July 15, 2004

Shareholders:

BIDMEX 10, LLC

100.0

%

Consolidated Subsidiary:

No

FirstCity Europe Corporation. The following corporations, limited partnerships, limited liability companies and other entities are entities in which FirstCity Europe Corporation or certain of its subsidiaries own an equity interest. (Consolidated entity)

Name:

P.R.L. Developpement, S.A.S.

Jurisdiction:

France

Ownership:

FirstCity Europe Corporation

43.5

Cargill Entity

43.25

%

MCS Management Group

13.25

%

composed of Alain Richard, Bernard Ducellier, Françoise Lecloarec, Pascal Falconnet, and Jean-François Darlot

Consolidated Subsidiary:

No

Name:

UBN, Societe Anonyme

Jurisdiction:

France

Ownership:

P.R.L. Developpement, S.A.S.

%

Consolidated Subsidiary:

No

Name:

SAI, Societe Auxiliaire Immobiliere

Jurisdiction

France

Shareholders:

FirstCity Europe Corporation

22.5

%

Val Logistique

55.0

%

Defimo-CEM

22.5

%

Consolidated Subsidiary:

No

FirstCity International Corporation. The following corporations, limited partnerships, limited liability companies and other entities are entities in which FirstCity International Corporation or certain or its subsidiaries own an equity interest. (Consolidated entity)

*Sold Prior to 09-30-05

*

Name:

Credit Finance Corporation Limited

Jurisdiction:

England and Wales; incorporated October 9, 1996

(name change from Ferrisbridge Limited on December 20, 1996)

Authorized Shares:

Shares, £1 par value (each)

Outstanding Shares:

A Shares, £1 par value (each)

B Shares, £1 par value (each)

C Shares, £1 par value (each)

Treasury Shares:

None

Shareholders:

Fairmile Portfolio Management Limited

167 A Shares

FirstCity International Corporation

20 C Shares

Defimo SA

13 B Shares

Consolidated Subsidiary:

No

*

Name:

Finin Limited

Jurisdiction:

England and Wales; incorporated December 24, 1997

Authorized Shares:

1,000 Shares, £1 par value (each)

Outstanding Shares:

A Shares, £1 par value (each)

B Shares, £1 par value (each)

C Shares, £1 par value (each)

Treasury Shares:

None

Shareholders:

Fairmile Portfolio Management Limited

467 A Shares

FirstCity International Corporation

333 B Shares

MCS et Associés, SA

200 C Shares

Consolidated Subsidiary:

No

*

Name:

Societe Immobilere Lincoln S.A.

Jurisdiction:

France

Authorized Shares:

Outstanding Shares:

14,980

Treasury Shares:

Shareholders:

Notre Dame des Victoires Investments,S.A.

11,977 Shares

FirstCity International Corporation

1,499 Shares

MCS et Associes, SA

1,499 Shares

Marie Helene Cretu

1 share

Patrice Mourruau

1 share

Herve Sarteau

1 share

Rory O’Neill

1 share

Jim Sartain

1 share

Consolidated Subsidiary:

No

*

Name:

Mirom Limited

Jurisdiction:

England and Wales;

Authorized Shares:

1,000 Shares, £1 par value (each)

Outstanding Shares:

A Shares, £1 par value (each)

B Shares, £1 par value (each)

C Shares, £1 par value (each)

Treasury Shares:

None

Shareholders:

Fairmile Portfolio Management Limited

650 A Shares

FirstCity International Corporation

100 B Shares

MCS et Associés, SA

250 C Shares

Consolidated Subsidiary:

No

*

Name:

Miromesnil Limited

Jurisdiction:

England and Wales; incorporated January 11, 1999

Authorized Shares:

1,000 Shares, £1 par value (each)

Outstanding Shares:

A Shares, £1 par value (each)

B Shares, £1 par value (each)

C Shares, £1 par value (each)

Treasury Shares:

None

Shareholders:

Fairmile Portfolio Management Limited

467 A Shares

FirstCity International Corporation

333 B Shares

MCS et Associés, S.A.

200 C Shares

Consolidated Subsidiary:

No

*

Name:

CATX Limited

Jurisdication:

England and Wales; October 6, 2000

Authorized Shares:

1,000 Shares, £1 par value (each)

Outstanding Shares:

A Shares, £1 par value (each)

B Shares, £1 par value (each)

C Shares, £1 par value (each)

Treasury Shares:

None

Shareholders:

Fairmile Portfolio Management Limited

550 A Shares

FirstCity International Corporation

250 B Shares

MCS et Associés, SA

200 C Shares

Consolidated Subsidiary:

No

Name:

UHR Limited

Jurisdiction:

England and Wales; incorporated March 15, 1999

(name change from CHRB Limited to UHR Limited 05-06-99)

Authorized Shares:

1,000 Shares, ,1 par value (each)

Outstanding Shares:

A Shares, ,1 par value (each)

B Shares, ,1 par value (each)

C Shares, ,1 par value (each)

Treasury Shares:

None

Shareholders:

Fairmile Portfolio Management Limited

600 A Shares

FirstCity International Corporation

200 B Shares

MCS et Associés, S.A.

200 C Shares

Consolidated Subsidiary:

No

Name:

NEVVS Limited

Jurisdiction:

England and Wales; November 27, 2000

Authorized Shares:

1,000 Shares, ,1 par value (each)

Outstanding Shares:

A Shares, ,1 par value (each)

B Shares, ,1 par value (each)

C Shares, ,1 par value (each)

Treasury Shares:

None

Shareholders:

Fairmile Portfolio Management Limited

500 A Shares

FirstCity International Corporation

250 B Shares

MCS et Associés, SA

250 C Shares

Consolidated Subsidiary:

No

*

Name:

Transalp Limited

Jurisdiction:

England and Wales; January 15, 2001

Authorized Shares:

1,000 Shares, ,1 par value (each)

Outstanding Shares:

A Shares, ,1 par value (each)

B Shares, ,1 par value (each)

C Shares, ,1 par value (each)

Treasury Shares:

None

Shareholders:

Fairmile Portfolio Management Limited

550 A Shares

FirstCity International Corporation

250 B Shares

MCS et Associés, SA

200 C Shares

C