<PAGE>
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                                                                    EXHIBIT 99.1

                                                                     Page 1 of 4


                ORIGEN MANUFACTURED HOUSING CONTRACT TRUST 2004-B
                         STATEMENT TO CERTIFICATEHOLDERS
                                NOVEMBER 15, 2005

                            DISTRIBUTION IN DOLLARS

<TABLE>
<CAPTION>
                             BEGINNING                                                                          ENDING
            ORIGINAL         PRINCIPAL                                                REALIZED   DEFERRED      PRINCIPAL
CLASS      FACE VALUE         BALANCE        PRINCIPAL     INTEREST        TOTAL       LOSSES    INTEREST       BALANCE
-----    --------------   --------------   ------------   ----------   ------------   --------   --------   --------------
<S>      <C>              <C>              <C>            <C>          <C>            <C>        <C>        <C>
A1        49,000,000.00    21,920,614.75   1,690,199.76    52,426.80   1,742,626.56     0.00       0.00      20,230,414.99
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   411,098.67     411,098.67     0.00       0.00               0.00
         --------------   --------------   ------------   ----------   ------------     ----       ----     --------------
TOTALS   173,000,000.00   145,920,614.75   1,690,199.76   997,032.14   2,687,231.90     0.00       0.00     144,230,414.99
         ==============   ==============   ============   ==========   ============     ====       ====     ==============
</TABLE>

                 FACTOR INFORMATION PER $1000 OF ORIGINAL FACE

<TABLE>
<CAPTION>
                        BEGINNING                                                  ENDING
CLASS      CUSIP        PRINCIPAL      PRINCIPAL     INTEREST       TOTAL         PRINCIPAL
-----    ---------   --------------   -----------   ----------   -----------   --------------
<S>      <C>         <C>              <C>           <C>          <C>           <C>
A1       68619AAZ0     447.35948469   34.49387265   1.06993469   35.56380735     412.86561204
A2       68619ABA4   1,000.00000000    0.00000000   3.15833333    3.15833333   1,000.00000000
A3       68619ABB2   1,000.00000000    0.00000000   3.95833354    3.95833354   1,000.00000000
A4       68619ABC0   1,000.00000000    0.00000000   4.55000000    4.55000000   1,000.00000000
M1       68619ABD8   1,000.00000000    0.00000000   4.77500000    4.77500000   1,000.00000000
M2       68619ABE6   1,000.00000000    0.00000000   5.42500000    5.42500000   1,000.00000000
B1       68619ABF3   1,000.00000000    0.00000000   6.25000000    6.25000000   1,000.00000000
B2                   1,000.00000000    0.00000000   6.25000000    6.25000000   1,000.00000000
                     --------------   -----------   ----------   -----------   --------------
TOTALS                 843.47176156    9.76994081   5.76319156   15.53313237     833.70182075
                     ==============   ===========   ==========   ===========   ==============
</TABLE>

                               PASS-THROUGH RATES

<TABLE>
<CAPTION>
        CURRENT PASS-
CLASS     THRU RATE
-----   -------------
<S>     <C>
A1        2.870000%
A2        3.790000%
A3        4.750000%
A4        5.460000%
M1        5.730000%
M2        6.510000%
B1        7.500000%
B2        7.500000%
</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)      COPYRIGHT 2005 J.P. MORGAN CHASE & CO. ALL RIGHTS RESERVED.

<PAGE>

                                                                     Page 2 of 4


                ORIGEN MANUFACTURED HOUSING CONTRACT TRUST 2004-B
                                NOVEMBER 15, 2005

<TABLE>
<S>                    <C>                                                                  <C>
Section 7.05(a)(i)     Principal Payment Allocable to Holders                                 1,690,199.76

Section 7.05(a)(ii)    Interest Payment Allocable to Holders                                    585,933.47

Section 7.05(a)(iii)   Servicing Fee                                                            181,176.77
                       Indenture Trustee Fee                                                      2,699.41
                       Indenture Trustee Expenses                                                   915.25
                       Owner Trustee Fee                                                            333.34
                       Monthly Backup Servicing Fee                                               5,000.00

Section 7.05(a)(iv)    Beginning Balance of Contracts                                       173,929,701.60
                       Ending Balance of Contracts                                          172,239,501.84

Section 7.05(a)(v)     Number of Contracts                                                           3,979
                       Weighted Average Remaining Term                                                 234
                       Weighted Average Contract Rate:                                               9.609%

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

                               Delinquency Totals

                                  Group Totals

<TABLE>
<CAPTION>
  Period     Number   Principal Balance   Percentage
  ------     ------   -----------------   ----------
<S>          <C>      <C>                 <C>
30-59 days      47       1,868,329.35        1.08%
60-89 days      16         538,001.02        0.31%
90+days         51       2,070,547.92        1.20%
               ---       ------------        ----
Total          114       4,476,878.29        2.60%
               ===       ============        ====
</TABLE>

     Number and Aggregate Principal Amounts of Contracts Repossessed During
                                Reporting Period

                               Repossession Totals

<TABLE>
<CAPTION>
Number of    Principal
  Loans       Balance    Percentage
---------   ----------   ----------
<S>         <C>          <C>
     9      287,308.96      0.17%
</TABLE>

        Number and Aggregate Principal Amounts of Contracts in Inventory

                               Repossession Totals

<TABLE>
<CAPTION>
Number of    Principal
  Loans       Balance    Percentage
---------   ----------   ----------
<S>         <C>          <C>
    25      938,068.74      0.54%
</TABLE>

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

<PAGE>

                                                                     Page 3 of 4


                ORIGEN MANUFACTURED HOUSING CONTRACT TRUST 2004-B
                                NOVEMBER 15, 2005

        Number and Aggregate Principal Amounts of Contracts in Bankruptcy

                                Bankruptcy Totals

<TABLE>
<CAPTION>
Number of     Principal
  Loans        Balance     Percentage
---------   ------------   ----------
<S>         <C>            <C>
   108      4,857,526.94      2.82%
</TABLE>

<TABLE>
<S>                     <C>                                                                 <C>
Section 7.05(a)(viii)   Principal Prepayments                                                 1,050,083.88

                        Liquidation Proceeds                                                     96,500.00

Section 7.05(a)(viii)   Realized Losses

                           Current Period                                                       102,911.53
                           Cumulative                                                         1,248,007.48

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                                           52,426.80

                           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
</TABLE>

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

<PAGE>

                                                                     Page 4 of 4


                ORIGEN MANUFACTURED HOUSING CONTRACT TRUST 2004-B
                                NOVEMBER 15, 2005

<TABLE>
<S>                        <C>                                                              <C>
                           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                                          411,098.67

Expense Paid to LLC
   and DRS                                                                                          183.96
Servicing Fee
   Adjustment                                                                                      -412.44
Miscellaneous
   Servicing Expenses                                                                                 0.00
</TABLE>

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