<PAGE>

                UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 10-K

[X]  ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
     ACT OF 1934

     FOR THE FISCAL YEAR ENDED DECEMBER 31, 2005

                                       OR

[ ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
     EXCHANGE ACT OF 1934

                Commission File Nos. 333-117573 and 333-117573-03

                       ORIGEN RESIDENTIAL SECURITIES, INC.
      (As depositor under a Trust Agreement, dated as of December 1, 2005,
     providing for, inter alia, the issuance of Origen Manufactured Housing
               Contract Trust Collateralized Notes, Series 2005-B)
             (Exact name of registrant as specified in its charter)

<TABLE>
<S>                                                     <C>
       DELAWARE                                                20-1370314
State of Incorporation                                  I.R.S. Employer I.D. No.
</TABLE>

                         27777 FRANKLIN ROAD, SUITE 1700
                           SOUTHFIELD, MICHIGAN 48034
                                 (248) 746-7000
          (Address of principal executive offices and telephone number)

           Securities Registered Pursuant to Section 12(b) of the Act:
                                      NONE

           Securities Registered Pursuant to Section 12(g) of the Act:
                                      NONE

     Indicate by check mark if the Registrant is a well-known seasoned issuer,
as defined in Rule 405 of the Securities Act.

                               Yes       No   X
                                   -----    -----

     Indicate by check mark if the Registrant is not required to file reports
pursuant to Section 13 or Section 15(d) of the Act.

                               Yes       No   X
                                   -----    -----

     Indicate by check mark whether the Registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
Registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.

                               Yes   X   No
                                   -----    -----

     Indicate by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulation S-K is not contained herein, and will not be contained, to the
best of registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K.

                                 Not applicable.

     Indicate by check mark whether the Registrant is an accelerated filer (as
defined in Rule 12b-2 of the Act).

 Large accelerated filer      Accelerated filer      Non-accelerated filer  X
                         ---                    ---                        ---


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     Indicate by check mark whether the Registrant is a shell company (as
defined in Rule 12b-2 of the Act).

                               Yes       No   X
                                   -----    -----

     State the aggregate market value of the voting and non-voting common equity
held by non-affiliates computed by reference to the price at which the common
equity was last sold, or the average bid and asked price of such common equity,
as of the last business day of the registrant's most recently completed second
fiscal quarter.

                                 Not applicable.

     Indicate the number of shares outstanding of each of the registrant's
classes of common stock, as of the latest practicable date.

                                 Not applicable.

     Documents Incorporated by Reference: See Item 15.


                                       2
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                                     PART I

ITEM 1. BUSINESS

Omitted.

ITEM 1A. RISK FACTORS

Omitted.

ITEM 1B. UNRESOLVED STAFF COMMENTS

Not applicable.

ITEM 2. PROPERTIES

Not applicable.

ITEM 3. LEGAL PROCEEDINGS

     The registrant knows of no material pending legal proceedings involving the
trust that issued the securities to which this annual report relates.

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

Not applicable.

                                     PART II

ITEM 5. MARKET FOR THE COMPANY'S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

     To the best knowledge of the registrant, no established public trading
market for the Notes exists.

     Records provided to the trust by the Depository Trust Company and the
Trustee indicate that as of December 31, 2005, there were 24 holders of record
of Notes.

ITEM 6. SELECTED FINANCIAL DATA

Not applicable.


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<PAGE>

ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
     OF OPERATIONS

Not applicable.

ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK

Not applicable.

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

Not applicable.

ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
     FINANCIAL DISCLOSURE

Not applicable.

ITEM 9A. CONTROLS AND PROCEDURES

Not applicable.

                                    PART III

ITEM 10. DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT

Not applicable.

ITEM 11. EXECUTIVE COMPENSATION

Not applicable.

ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENFICIAL ONWERS AND MANAGEMENT

Not applicable.

ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

Not applicable.

ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES

Not applicable.


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<PAGE>

                                     PART IV

ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES

     (a) The following is a list of exhibits filed as part of this Annual Report
on Form 10-K:

          31.1 Certification of Officer of Servicer, pursuant to Section 302(a)
               of the Sarbanes-Oxley Act of 2002

          99.3 Certification Provided by the Administrator

          99.4 Certification With Respect to Minimum Servicing Standards

          99.5 Report of Registered Public Accounting Firm

          99.6 Officer's Certificate Regarding Annual Statement Of Compliance

     (b) The following Current Reports on Form 8-K were filed by the registrant,
regarding the issuer, during the year ending December 31, 2005.

<TABLE>
<CAPTION>
 Date of Form 8-K      Items Reported
-----------------   -------------------
<S>                 <C>
December 2, 2005    Items 8.01 and 9.01
December 30, 2005   Items 8.01 and 9.01
</TABLE>


                                       5

<PAGE>

                                   SIGNATURES

     Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.

Date: March 16, 2006

                                        ORIGEN RESIDENTIAL SECURITIES, INC.

                                        By: Origen Servicing, Inc., Servicer of
                                            the Trust, as Attorney-in-Fact


                                        By: /s/ W. Anderson Geater, Jr.
                                            ------------------------------------
                                            W. Anderson Geater, Jr., Chief
                                            Financial Officer


                                       6

<PAGE>

                                  EXHIBIT INDEX

<TABLE>
<CAPTION>
EXHIBIT                                                                   FILED
 NUMBER                           DESCRIPTION                           HEREWITH
-------                           -----------                           --------
<S>       <C>                                                           <C>
   1.1    The Underwriting Agreement, dated as of December 8, 2005,
          among the Registrant, Origen Securitization Company, LLC,
          Origen Financial L.L.C. and Citigroup Global Markets Inc.
          (Filed as part of the registrants Current Report on Form
          8-K dated December 30, 2005)*

   4.1    The Indenture, dated as of December 1, 2005, among Origen
          Manufactured Housing Contract Trust 2005-B, as issuer, and
          JPMorgan Chase Bank, N.A., as indenture trustee. (Filed as
          part of the registrants Current Report on Form 8-K dated
          December 30, 2005)*

   4.2    The Trust Agreement, dated as of December 1, 2005, among
          the Registrant as depositor, Wilmington Trust Company, as
          owner trustee, and JPMorgan Chase Bank, N.A., as
          certificate registrar and certificate paying agent. (Filed
          as part of the registrants Current Report on Form 8-K dated
          December 30, 2005)*

  31.1    Certification of Officer of Servicer, pursuant to Section         X
          302(a) of the Sarbanes-Oxley Act of 2002

  99.1    The Asset Purchase Agreement dated as of December 1, 2005,
          among Origen Securitization Company, LLC, as seller, Origen
          Financial L.L.C., as originator, and the Registrant as
          purchaser. (Filed as part of the registrants Current Report
          on Form 8-K dated December 30, 2005)*

  99.2    The Servicing Agreement, dated as of December 1, 2005,
          among Origen Financial L.L.C., as servicer, Origen
          Servicing, Inc., as subservicer, Vanderbilt Mortgage and
          Finance, Inc., as backup servicer, JPMorgan Chase Bank, as
          indenture trustee, and Origen Manufactured Housing Contract
          Trust 2005-B, as issuer (Filed as part of the registrants
          Current Report on Form 8-K dated December 30, 2005)*

  99.3    Certification Provided by the Administrator                       X

  99.4    Certification With Respect to Minimum Servicing Standards         X

  99.5    Report of Independent Registered Accounting Firm                  X


  99.6    Officer's Certificate Regarding Annual Statement Of               X
          Compliance
</TABLE>

*    Incorporated by reference


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