Affordable Residential Communities Inc., Denver, has selected Origen Financial Inc., a manufactured housing lender based in Southfield, Mich., to provide loan origination and servicing activities for residents in its communities.Besides servicing the loans, Origen will handle the entire application process for ARC residents, from application to processing, underwriting, fulfillment, and funding. "On the heels of our initial public offering and loan securitization, this is another strong endorsement for the Origen brand ...," said Origen chief executive Ron Klein. ARC owns and operates approximately 67,000 home sites located in 304 manufactured housing communities in 29 states.
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