Real estate investment trust (REIT) Origen Financial, Inc. of Southfield, Michigan, which manages interests in securitized loan portfolios backed by manufactured housing, will dissolve and liquidate after selling it assets to an affiliate of GoldenTree Asset Management LP for $47 million, according to the Manufactured Housing Institute (MHI). MHProNews has learned the company website says it manages a portfolio of $500 million in manufactured housing loans and asset-backed securities. ##
(Image credit: Origen Financial, Inc.)