Origen Prices IPO

Origen Financial Inc., Southfield, Mich., has priced an initial public offering of 8 million shares of common stock at $8 per share, for a total offering of $64.0 million.Since the start of trading on Nasdaq, the stock has traded in a narrow range between $7.99 and $8.05 per share. Lehman Brothers is the managing underwriter and Credit Suisse First Boston and Flagstone Securities are the co-managers. Origen is a manufactured home loan originator and servicer that has elected to take real estate investment trust status.

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