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Origen Financial, Inc.

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Origen Financial Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2013; Declares Dividend, Payable on June 3, 2013

May 14, 2013 at 05:00 pm EDT

Origen Financial Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported total interest income of USD 12.540 million compared to USD 14.501 million a year ago. Net loss before income taxes was USD 1.846 million compared to net income before income taxes of USD 3.882 million a year ago. Net loss was USD 1.853 million compared to net income of USD 3.864 million a year ago. Net loss per common share was USD 0.07 compared to net income per common share of USD 0.15 a year ago.

The company announced that the Board of Directors declared a common stock dividend of CAD 0.09 per share to be paid to holders of Origen's common stock of record on May 27, 2013. The dividend will be paid on June 3, 2013 and will approximate CAD 2.3 million.

Latest news about Origen Financial, Inc.

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Origen Financial Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2013; Declares Dividend, Payable on June 3, 2013	13-05-14	CI
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Origen Financial Inc. Reports Un-Audited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2012	13-02-19	CI
Origen Financial Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2012; Declares Dividend on Common Stock, Payable on December 28, 2012	12-12-13	CI
Origen Financial Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2012; Declares Dividend on Common Stock Payable on September 25, 2012	12-09-06	CI
Origen Financial Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2012; Declares Dividend on Common Stock Payable on June 22, 2012	12-06-05	CI
Transcript : Origen Financial Inc., Q4 2011 Earnings Call, Mar 16, 2012	12-03-16
Origen Financial Inc. Reports Consolidated Unaudited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2011; Declares Common Stock Dividend Payable on April 2, 2012	12-03-15	CI

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Company Profile

Origen Financial, Inc. is a real estate investment trust (REIT). The Company conducts its activities through its wholly owned subsidiary Origen Financial L.L.C. The Company's business consists of managing its residual interests in its securitized loan portfolios. The Company was also engaged in loan origination and loan servicing operations. The Company originates purchases and services the manufactured housing loans.

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