Origen Completes Sale of Servicing Portfolio to Green Tree
Posted by AMY MCALISTER on Jul 2nd, 2008
2008
Jul 2
Origen Financial, Inc. (ORGN: 1.26, -8.70%) said Wednesday that it had completed a previously-announced sale of its servicing platform assets to Green Tree Servicing LLC, a well-known servicer of manufactured housing loans, other residential and consumer loans.
The deal involves approximately $1.6 billion of manufactured housing loans, Origen said in a press statement. Green Tree [...]