SOUTHFIELD, Mich., May 5 /PRNewswire-FirstCall/ -- Origen Financial, Inc. (Pink Sheets: ORGN), a real estate investment trust that manages residual interests in securitized manufactured housing loan portfolios, today announced preliminary unaudited net income of $512,972, or $0.02 per share, for the first quarter of 2009. Sun Communities, Inc., an owner of approximately 19 percent of Origen's outstanding common stock, is required to report certain financial results and information of Origen as part of its accelerated SEC reporting obligation. Origen has provided Sun with the preliminary information reflected in this release to assist Sun in meeting its filing obligation. Origen is issuing this press release of preliminary information to assure broad availability to all shareholders and the trading markets of the same preliminary information it has provided to Sun. Origen will release final earnings results for the first quarter after the close of markets on Tuesday, May 12, 2009. Management will host a conference call and webcast on Wednesday, May 13, 2009, at 11:00 a.m. Eastern Time. The call may be accessed on Origen's web site at http://www.origenfinancial.com/ or by dialing 877-723-9522. A replay will be available through May 20, 2009, by dialing 888-203-1112, passcode 7318485. You may also access the replay on Origen's website for 90 days following the event. About Origen Financial, Inc. Origen is an internally managed and internally advised company that has elected to be taxed as a real estate investment trust. Origen is based in Southfield, Michigan. For more information about Origen, please visit http://www.origenfinancial.com/ or http://www.pinksheets.com/. DATASOURCE: Origen Financial, Inc. CONTACT: W. Anderson Geater, Chief Financial Officer of Origen Financial, +1-248-746-7010, ; or Leslie Loyet of Financial Relations Board, +1-312-640-6672, , for Origen Financial, Inc. Web Site: http://www.origenfinancial.com/

Copyright