<PAGE>

                                                                    EXHIBIT 99.1

                                                                     Page 1 of 3

                ORIGEN MANUFACTURED HOUSING CONTRACT TRUST 2004-B

                         STATEMENT TO CERTIFICATEHOLDERS

                                JANUARY 18, 2005




                            DISTRIBUTION IN DOLLARS

<TABLE>
<CAPTION>


            ORIGINAL          BEGINNING                                                                               ENDING
             FACE             PRINCIPAL                                                 REALIZED     DEFERRED        PRINCIPAL
CLASS        VALUE            BALANCE        PRINCIPAL      INTEREST         TOTAL       LOSSES      INTEREST         BALANCE
------   --------------    --------------   ------------  ------------    ------------  --------     --------      --------------
<S>      <C>               <C>              <C>           <C>             <C>           <C>          <C>           <C>
 A1       49,000,000.00     42,955,890.14   2,298,910.99    102,736.17    2,401,647.16    0.00         0.00         40,656,979.15
 A2       42,300,000.00     42,300,000.00           0.00    133,597.50      133,597.50    0.00         0.00         42,300,000.00
 A3       16,100,000.00     16,100,000.00           0.00     63,729.17       63,729.17    0.00         0.00         16,100,000.00
 A4       21,600,000.00     21,600,000.00           0.00     98,280.00       98,280.00    0.00         0.00         21,600,000.00
 M1       19,000,000.00     19,000,000.00           0.00     90,725.00       90,725.00    0.00         0.00         19,000,000.00
 M2       11,000,000.00     11,000,000.00           0.00     59,675.00       59,675.00    0.00         0.00         11,000,000.00
 B1       10,000,000.00     10,000,000.00           0.00     62,500.00       62,500.00    0.00         0.00         10,000,000.00
 B2        4,000,000.00      4,000,000.00           0.00     25,000.00       25,000.00    0.00         0.00          4,000,000.00
CERT               0.00              0.00           0.00    653,162.57      653,162.57    0.00         0.00                  0.00
------   --------------    --------------   ------------  ------------    ------------  --------     --------      --------------
TOTALS   173,000,000.00    166,955,890.14   2,298,910.99  1,289,405.41    3,588,316.40    0.00         0.00        164,656,979.15
======   ==============    ==============   ============  ============    ============  ========     ========      ==============
</TABLE>


<TABLE>
<CAPTION>

        FACTOR INFORMATION PER $1000 OF ORIGINAL FACE                                                          PASS-THROUGH RATES

                                                                                                                          CURRENT
                             BEGINNING                                                       ENDING                      PASS-THRU
CLASS        CUSIP           PRINCIPAL        PRINCIPAL      INTEREST         TOTAL         PRINCIPAL        CLASS         RATE
------   --------------    --------------   ------------   ------------    ------------   --------------   --------    -------------
<S>      <C>               <C>              <C>            <C>             <C>            <C>              <C>         <C>
A1       68619AAZ0           876.65081918    46.91655082     2.09665653     49.01320735     829.73426837      A1         2.870000 %
A2       68619ABA4         1,000.00000000     0.00000000     3.15833333      3.15833333   1,000.00000000      A2         3.790000 %
A3       68619ABB2         1,000.00000000     0.00000000     3.95833354      3.95833354   1,000.00000000      A3         4.750000 %
A4       68619ABC0         1,000.00000000     0.00000000     4.55000000      4.55000000   1,000.00000000      A4         5.460000 %
M1       68619ABD8         1,000.00000000     0.00000000     4.77500000      4.77500000   1,000.00000000      M1         5.730000 %
M2       68619ABE6         1,000.00000000     0.00000000     5.42500000      5.42500000   1,000.00000000      M2         6.510000 %
B1       68619ABF3         1,000.00000000     0.00000000     6.25000000      6.25000000   1,000.00000000      B1         7.500000 %
B2                         1,000.00000000     0.00000000     6.25000000      6.25000000   1,000.00000000      B2         7.500000 %
------   --------------    --------------   ------------   ------------    ------------   --------------   --------    -------------
TOTALS                       965.06294879    13.28850283     7.45321046     20.74171329     951.77444595
======   ==============    ==============   ============   ============    ============   ==============   ========    =============
</TABLE>


IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
                                 Rory Nowakowski
                  JPMorgan Chase Bank, N.A. - ITS - Global Debt
                         JPM, 227 W. Monroe, 26th Floor
                             Chicago, Illinois 60606
                    Tel: (312) 267-5081 / Fax: (312) 267-5213
                        Email: rory.nowakowski@chase.com




[JPMORGAN LOGO] COPYRIGHT (C) 2001 J.P. MORGAN CHASE & CO. ALL RIGHTS RESERVED.

<PAGE>

                                                                     Page 2 of 3

                ORIGEN MANUFACTURED HOUSING CONTRACT TRUST 2004-B

                                JANUARY 18, 2005

<TABLE>
<S>                       <C>                                                                                 <C>
Section 7.05(a)(i)        Principal Payment Allocable to Holders                                              2,298,910.99

Section 7.05(a)(ii)       Interest Payment Allocable to Holders                                                 636,242.84

Section 7.05(a)(iii)      Servicing Fee                                                                         203,088.52
                          Indenture Trustee Fee                                                                   2,874.71
                          Indenture Trustee Expenses                                                              2,478.80
                          Owner Trustee Fee                                                                           0.00
                          Monthly Backup Servicing Fee                                                            5,000.00

Section 7.05(a)(iv)       Beginning Balance of Contracts                                                    194,964,976.99
                          Ending Balance of Contracts                                                       192,666,066.00

Section 7.05(a)(v)        Number of Contracts                                                                        4,342
                          Weighted Average Remaining Term                                                              233
                          Weighted Average Contract Rate:                                                           9.644%

Section 7.05(a)(vi)       Number and Aggregate Principal Amounts of Contracts in Delinquency

                                  Group Totals
Period                Number              Principal Balance        Percentage
30-59 days               16                      626,568.93            0.33%
60-89 days               13                      506,098.40            0.26%
90+days                   9                      395,247.51            0.21%
Total                    38                    1,527,914.84            0.80%


Number and Aggregate Principal Amounts of Contracts under Repossession Procedures

                                Group Totals
Number            Principal Balance      Percentage
     5                   189,730.44          0.10%

        Number and Aggregate Principal Amounts of Contracts in Bankruptcy

                                Group Totals
Number            Principal Balance      Percentage
    27                 1,149,501.59          0.60%

Section 7.05(a)(vii)      Principal Prepayments                                                               1,592,253.60

                          Liquidation Proceeds                                                                   55,365.00

Section 7.05(a)(viii)     Realized Losses
                            Current Period                                                                       72,493.96
                            Cumulative                                                                           97,960.16

Section 7.05(a)(ix)       Adjusted Note Balances
                            Class M1                                                                         19,000,000.00
                            Class M2                                                                         11,000,000.00
                            Class B1                                                                         10,000,000.00
</TABLE>


[JPMORGAN LOGO] COPYRIGHT (C) 2001 J.P. MORGAN CHASE & CO. ALL RIGHTS RESERVED.



<PAGE>


                                                                     Page 3 of 3

                ORIGEN MANUFACTURED HOUSING CONTRACT TRUST 2004-B

                                JANUARY 18, 2005
<TABLE>

<S>                          <C>                                                                           <C>
                             Class B2                                                                         4,000,000.00

Section 7.05(a)(x)      Interest Payment Amount
                             Interest Distribution - A-1                                                        102,736.17

                             Interest Distribution - A-2                                                        133,597.50

                             Interest Distribution - A-3                                                         63,729.17

                             Interest Distribution - A-4                                                         98,280.00
                             Available Funds Cap Carry-Forward Amount - A-4                                           0.00
                             Interest Reduction Amount - A-4                                                          0.00

                             Interest Distribution - M-1                                                         90,725.00
                             Available Funds Cap Carry-Forward Amount - M-1                                           0.00
                             Liquidation Loss Interest Amount - M-1                                                   0.00
                             Interest Reduction Amount - M-1                                                          0.00

                             Interest Distribution - M-2                                                         59,675.00
                             Available Funds Cap Carry-Forward Amount - M-2                                           0.00
                             Liquidation Loss Interest Amount - M-2                                                   0.00
                             Interest Reduction Amount - M-2                                                          0.00

                             Interest Distribution - B-1                                                         62,500.00
                             Available Funds Cap Carry-Forward Amount - B-1                                           0.00
                             Liquidation Loss Interest Amount - B-1                                                   0.00
                             Interest Reduction Amount - B-1                                                          0.00

                             Interest Distribution - B-2                                                         25,000.00
                             Available Funds Cap Carry-Forward Amount - B-2                                           0.00
                             Liquidation Loss Interest Amount - B-2                                                   0.00
                             Interest Reduction Amount - B-2                                                          0.00

Section 7.05(a)(xi)     Overcollateralization Target Amount                                                  28,009,086.85
Section 7.05(a)(xii)    Overcollateralization Amount                                                         28,009,086.85

Section 7.05(a)(xiv)    Trust Certificate Distribution                                                          653,162.57

Expense Paid to LLC and DRS                                                                                       2,597.84
Servicing Fee Adjustment                                                                                        -16,865.06
Miscellaneous Servicing Expenses                                                                                      0.00
</TABLE>








[JPMORGAN LOGO] COPYRIGHT (C) 2001 J.P. MORGAN CHASE & CO. ALL RIGHTS RESERVED.