Origen Financial reported that its 60-plus day delinquencies were 1.4% of its owned loan portfolio as of March 31, 2005, compared to 1.9% at Dec. 31, 2004. The allowance for general loan losses remained at $5.3 million, unchanged from December 31, 2004. Origen charged off $3.1 million in net loan losses to the general loan loss reserve in 1Q05, compared to $3.5 million for the 1Q04.
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