Origen Financial Announces Second Quarter Results.

PR Newswire | August 3, 2004 | Copyright

Origen Financial, Inc. ("Origen") , a real estate investment trust that originates and services manufactured home loans, today announced net income of $1.7 million, or $0.08 per share on a fully-diluted basis, for its second quarter ended June 30, 2004, compared with a net loss of $6.5 million by Origen's predecessor for the second quarter of 2003.

Financial Highlights

Total revenue for the second quarter 2004 increased 68% to $13.3 million versus $7.9 million for the second quarter of 2003. For the second quarter 2004, Origen's interest income was $10.3 ...

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