Origen Expands Credit Facility

Origen Financial Inc., a real estate investment trust based in Southfield, Mich., has announced the renewal of a financing facility with Citigroup Global Markets Realty Corp. for an additional year, with an increase in its capacity from $235 million to $250 million.The company said the other terms of the facility have also improved, offering lower borrowing costs and a higher advance rate. Origen, which originates and services manufactured home loans, can be found on the Web at http://www.origenfinancial.com.