Origen Selected as Originator and Servicer to ARC SOUTHFIELD, Mich., June 10 /PRNewswire-FirstCall/ -- Origen Financial, Inc. (NASDAQ:ORGN) announced today that it will provide comprehensive origination and servicing for affiliates of Affordable Residential Communities Inc. ("ARC"), the largest owner and operator of manufactured housing communities in the United States. Origen has been chosen to provide application and loan processing, underwriting, fulfillment, funding and servicing for ARC. "We are excited to work with an organization that has the quality of people and systems to deliver the high level of service we seek in loan origination and servicing," said Peter Pak, an Executive Vice President of ARC. "We believe this relationship helps us further our mission of providing affordable housing to residents in our communities." "This new partnership is a testament to our organization's high standards and commitment to providing excellent service on both the front and back ends of loan servicing," said Origen Chief Executive Officer Ron Klein. "On the heels of our recent initial public offering and loan securitization, this is another strong endorsement for the Origen brand, and a reflection that our discipline and expertise add real value...not only for our borrowers and investors, but also for the manufactured housing industry as a whole." Origen Financial, Inc. is a national consumer manufactured home lender and servicer. Origen is an internally managed and internally advised company that has elected to be taxed as a real estate investment trust (REIT). Based in Southfield, Michigan, with significant operations in Ft. Worth, Texas, Origen offers a complete line of home only products and land home conforming and non- conforming products. Origen also provides servicing for manufactured home only and land home loans. This press release contains forward-looking statements within the meaning of the federal securities laws. You should exercise caution in interpreting and relying on forward-looking statements because they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond Origen's control and could materially affect actual results, performance or achievements. This press release does not and will not constitute an offer to sell or the solicitation of an offer to buy Origen's securities. For more information about Origen, visit http://origenfinancial.com/ . DATASOURCE: Origen Financial, Inc. CONTACT: David Rand of Origen Financial, Inc., +1-248-746-7050, Web site: http://www.origenfinancial.com/

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