<PAGE>

                                                                     Page 1 of 5


                                                                    Exhibit 99.1

               ORIGEN MANUFACTURED HOUSING CONTRACT TRUST 2004-B
                                 APRIL 17, 2006

                                TABLE OF CONTENTS

<TABLE>
<S>                                                                            <C>
DISTRIBUTION REPORT ........................................................   2
FACTOR REPORT ..............................................................   2
DELINQUENCY TOTALS .........................................................   3
REPOSSESSION TOTALS ........................................................   3
REPOSSESSION TOTALS ........................................................   3
REO GROUP TOTAL REPORT .....................................................   4
</TABLE>

 IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
                           ADMINISTRATOR LISTED BELOW:
                                   Janice Rose
             JPMorgan Chase Bank, N.A. - Structured Finance Services
                                600 Travis, 9 FL
                              Houston, Texas 77002
                    Tel: (713) 216-3068 / Fax: (713) 216-4880
                          Email: Janice.Rose@chase.com

(JPMORGAN LOGO)

<PAGE>

                                                                     Page 2 of 5


               ORIGEN MANUFACTURED HOUSING CONTRACT TRUST 2004-B
                                 APRIL 17, 2006

                             DISTRIBUTION IN DOLLARS

<TABLE>
<CAPTION>
                             BEGINNING
          ORIGINAL FACE      PRINCIPAL                                                REALIZED   DEFERRED         ENDING
CLASS         VALUE           BALANCE        PRINCIPAL     INTEREST        TOTAL       LOSSES    INTEREST   PRINCIPAL BALANCE
------   --------------   --------------   ------------   ----------   ------------   --------   --------   -----------------
<S>      <C>              <C>              <C>            <C>          <C>            <C>        <C>        <C>
A1        49,000,000.00    13,120,441.85   2,549,196.94    31,379.72   2,580,576.66     0.00       0.00        10,571,244.91
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   129,843.20     129,843.20     0.00       0.00                 0.00
         --------------   --------------   ------------   ----------   ------------     ----       ----       --------------
TOTALS   173,000,000.00   137,120,441.85   2,549,196.94   694,729.59   3,243,926.53     0.00       0.00       134,571,244.91
         ==============   ==============   ============   ==========   ============     ====       ====       ==============
</TABLE>

                  FACTOR INFORMATION PER $1000 OF ORIGINAL FACE

<TABLE>
<CAPTION>
                        BEGINNING                                                  ENDING       CURRENT PASS-
CLASS      CUSIP        PRINCIPAL      PRINCIPAL     INTEREST       TOTAL         PRINCIPAL       THRU RATE
------   ---------   --------------   -----------   ----------   -----------   --------------   -------------
<S>      <C>         <C>              <C>           <C>          <C>           <C>              <C>
A1       68619AAZ0     267.76411939   52.02442735   0.64040245   52.66482980     215.73969204     2.870000%
A2       68619ABA4   1,000.00000000    0.00000000   3.15833333    3.15833333   1,000.00000000     3.790000%
A3       68619ABB2   1,000.00000000    0.00000000   3.95833354    3.95833354   1,000.00000000     4.750000%
A4       68619ABC0   1,000.00000000    0.00000000   4.55000000    4.55000000   1,000.00000000     5.460000%
M1       68619ABD8   1,000.00000000    0.00000000   4.77500000    4.77500000   1,000.00000000     5.730000%
M2       68619ABE6   1,000.00000000    0.00000000   5.42500000    5.42500000   1,000.00000000     6.510000%
B1       68619ABF3   1,000.00000000    0.00000000   6.25000000    6.25000000   1,000.00000000     7.500000%
B2                   1,000.00000000    0.00000000   6.25000000    6.25000000   1,000.00000000     7.500000%
                     --------------   -----------   ----------   -----------   --------------
TOTALS                 792.60371012   14.73524243   4.01577798   18.75102041     777.86846769
                     ==============   ===========   ==========   ===========   ==============
</TABLE>

(JPMORGAN LOGO)       COPYRIGHT 2005 J.P.MORGAN CHASE & CO. ALL RIGHTS RESERVED.

<PAGE>

                                                                     Page 3 of 5


                ORIGEN MANUFACTURED HOUSING CONTRACT TRUST 2004-B
                                 APRIL 17, 2006

<TABLE>
<S>                     <C>                                      <C>
Section 7.05(a)(i)      Principal Payment Allocable to Holders     2,549,196.94

Section 7.05(a)(ii)     Interest Payment Allocable to Holders        564,886.39

Section 7.05(a)(iii)    Servicing Fee                                172,009.93
                        Indenture Trustee Fee                          2,626.08
                        Indenture Trustee Expenses                       882.40
                        Owner Trustee Fee                                333.34
                        Monthly Backup Servicing Fee                   5,000.00

Section 7.05(a)(iv)     Beginning Balance of Contracts           165,129,528.70
                        Ending Balance of Contracts              162,580,331.76

Section 7.05(a)(v)      Number of Contracts                               3,796
                        Weighted Average Remaining Term                  205.89
                        Weighted Average Contract Rate:                   9.580%

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

                               Delinquency Totals

                                  Group Totals

                        Principal
  Period     Number      Balance     Percentage
  ------     ------   ------------   ----------
30-59 days     24       861,397.48      0.53%
60-89 days     10       346,505.63      0.21%
90+days        47     2,081,784.71      1.28%
              ---     ------------      ----
Total          81     3,289,687.82      2.02%
              ===     ============      ====

     Number and Aggregate Principal Amounts of Contracts Repossessed During
                                Reporting Period

                               Repossession Totals

 Number
of Loans   Principal Balance   Percentage
--------   -----------------   ----------
   8           281,579.96         0.17%

        Number and Aggregate Principal Amounts of Contracts in Inventory

                               Repossession Totals

 Number
of Loans   Principal Balance   Percentage
--------   -----------------   ----------
  27          1,212,993.27        0.75%
</TABLE>

(JPMORGAN LOGO)       COPYRIGHT 2005 J.P.MORGAN CHASE & CO. ALL RIGHTS RESERVED.

<PAGE>

                                                                     Page 4 of 5


                ORIGEN MANUFACTURED HOUSING CONTRACT TRUST 2004-B
                                 APRIL 17, 2006

<TABLE>
<S>                     <C>                                      <C>
        Number and Aggregate Principal Amounts of Contracts in Bankruptcy

                             REO Group Total Report

 Number
of Loans   Principal Balance   Percentage
--------   -----------------   ----------
   92         4,362,308.42        2.68%

Section 7.05(a)(viii)   Principal Prepayments                      1,126,991.13

                        Liquidation Proceeds                         415,702.48

Section 7.05(a)(viii)   Realized Losses
                           Current Period                            572,280.04
                           Cumulative                              2,515,311.07

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
                           Class B2                                4,000,000.00

Section 7.05(a)(x)      Interest Payment Amount

                           Interest Distribution - A-1                31,379.72

                           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
</TABLE>

(JPMORGAN LOGO)       COPYRIGHT 2005 J.P.MORGAN CHASE & CO. ALL RIGHTS RESERVED.

<PAGE>

                                                                     Page 5 of 5


                ORIGEN MANUFACTURED HOUSING CONTRACT TRUST 2004-B
                                 APRIL 17, 2006

<TABLE>
<S>                     <C>                                      <C>
                           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               129,843.20

Expense Paid to LLC
   and DRS                                                             6,646.10
Servicing Fee
   Adjustment                                                        -26,660.74
Miscellaneous
   Servicing Expenses                                                      0.00
</TABLE>

(JPMORGAN LOGO)       COPYRIGHT 2005 J.P.MORGAN CHASE & CO. ALL RIGHTS RESERVED.