Origen Financial Declares Second Quarter Dividend Payment and Date of Earnings Release

Origen Financial Declares Second Quarter Dividend Payment and
Date of Earnings Release 


SOUTHFIELD, Mich., July 29  /PRNewswire-FirstCall/ -- Origen Financial, Inc.
("Origen") (NASDAQ:ORGN), a real estate investment trust that originates and
services manufactured home loans, today announced that it has declared a
dividend payment for the second quarter of 2004.  The dividend was declared on
July 22, 2004 and will be paid to holders of Origen's common stock of record on
August 2, 2004.  The aggregate amount of the dividend will be approximately
$1,507,000, or $0.06 per share outstanding on the record date.

Origen will announce second quarter earnings on August 3, 2004 prior to the
opening of the market.  A conference call and webcast are scheduled for August
5, 2004, at 11:00 am EDT.  Registration for the conference call and webcast can
be made through Origen's website at http://www.origenfinancial.com/ .  The
toll-free call-in number for Q&A is 800-406-5356.  A replay will be available
following the call through Tuesday, August 10th and can be accessed by dialing
719-457-0820 or 888-203-1112.  The confirmation code for the replay is 189152. 
The replay will also be available on the website.

Origen is an internally managed and internally advised company that has elected
to be taxed as a real estate investment trust.  Based in Southfield, Michigan,
with significant operations in Ft. Worth, Texas, Origen is a national consumer
manufactured home lender and servicer.  It 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.  For more
information about Origen, visit http://www.origenfinancial.com/ . 

DATASOURCE: Origen Financial, Inc.



CONTACT:  W. Anderson Geater of Origen Financial, Inc., +1-866-4-ORIGEN



Web site:  http://www.origenfinancial.com/ 

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