EXHIBIT 99.1
Page 1 of 4
ORIGEN MANUFACTURED HOUSING CONTRACT TRUST 2005-A
STATEMENT TO CERTIFICATEHOLDERS
FEBRUARY 15, 2006
DISTRIBUTION IN DOLLARS
BEGINNING ENDING
ORIGINAL PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS FACE VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSSES INTEREST BALANCE
- ------ -------------- -------------- ------------ ------------ ------------ -------- -------- --------------
A1 44,500,000.00 29,693,394.35 2,097,305.55 100,462.65 2,197,768.20 0.00 0.00 27,596,088.80
A2 43,000,000.00 43,000,000.00 0.00 160,891.67 160,891.67 0.00 0.00 43,000,000.00
A3 14,300,000.00 14,300,000.00 0.00 59,225.83 59,225.83 0.00 0.00 14,300,000.00
A4 21,225,000.00 21,225,000.00 0.00 95,689.38 95,689.38 0.00 0.00 21,225,000.00
M1 17,575,000.00 17,575,000.00 0.00 79,966.25 79,966.25 0.00 0.00 17,575,000.00
M2 13,300,000.00 13,300,000.00 0.00 64,948.33 64,948.33 0.00 0.00 13,300,000.00
B 11,400,000.00 11,400,000.00 0.00 62,225.00 62,225.00 0.00 0.00 11,400,000.00
CERT 0.00 0.00 0.00 410,007.00 410,007.00 0.00 0.00 0.00
-------------- -------------- ------------ ------------ ------------ ---- ---- --------------
TOTALS 165,300,000.00 150,493,394.35 2,097,305.55 1,033,416.11 3,130,721.66 0.00 0.00 148,396,088.80
============== ============== ============ ============ ============ ==== ==== ==============
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
BEGINNING ENDING
CLASS CUSIP PRINCIPAL PRINCIPAL INTEREST TOTAL PRINCIPAL
- ------ --------- -------------- ----------- ---------- ----------- --------------
A1 68619ABG1 667.26728876 47.13046180 2.25758764 49.38804944 620.13682697
A2 68619ABH9 1,000.00000000 0.00000000 3.74166674 3.74166674 1,000.00000000
A3 68619ABJ5 1,000.00000000 0.00000000 4.14166643 4.14166643 1,000.00000000
A4 68619ABK2 1,000.00000000 0.00000000 4.50833357 4.50833357 1,000.00000000
M1 68619ABL0 1,000.00000000 0.00000000 4.55000000 4.55000000 1,000.00000000
M2 68619ABM8 1,000.00000000 0.00000000 4.88333308 4.88333308 1,000.00000000
B 68619ABN6 1,000.00000000 0.00000000 5.45833333 5.45833333 1,000.00000000
-------------- ----------- ---------- ----------- --------------
TOTALS 910.42585814 12.68787387 6.25176110 18.93963497 897.73798427
============== =========== ========== =========== ==============
PASS-THROUGH RATES
CURRENT PASS-
CLASS THRU RATE
- ----- -------------
A1 4.060000%
A2 4.490000%
A3 4.970000%
A4 5.410000%
M1 5.460000%
M2 5.860000%
B 6.550000%
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Rafael Martinez
JPMorgan Chase Bank, N.A. - Structured Finance Services
600 Travis, 9TH FLOOR
Houston, Texas 77002
Tel: (713) 216-4391 / Fax: (713) 216-4880
Email: RAFAEL.TEXAS.MARTINEZ@CHASE.COM
(JPMORGAN LOGO) COPYRIGHT 2005 J.P. MORGAN CHASE & CO. ALL RIGHTS RESERVED.
Page 2 of 4
ORIGEN MANUFACTURED HOUSING CONTRACT TRUST 2005-A
FEBRUARY 15, 2006
Section 7.05(a)(i) Principal Payment Allocable to Holders 2,097,305.55
Section 7.05(a)(ii) Interest Payment Allocable to Holders 623,409.11
Section 7.05(a)(iii) Servicing Fee 183,482.70
Indenture Trustee Fee 2,717.86
Indenture Trustee Expenses 854.40
Owner Trustee Fee 0.00
Monthly Backup Servicing Fee 5,000.00
Section 7.05(a)(iv) Beginning Balance of Contracts 176,143,394.35
Ending Balance of Contracts 174,046,088.80
Section 7.05(a)(v) Number of Contracts 3,802
Weighted Average Remaining Term 211
Weighted Average Contract Rate: 9.370%
Section 7.05(a)(vi) Number and Aggregate Principal Amounts of Contracts in
Delinquency including Repossessions
Delinquency Totals
Group Totals
Period Number Principal Balance Percentage
- ---------- ------ ----------------- ----------
30-59 days 12 443,121.07 0.25%
60-89 days 8 238,236.47 0.14%
90+days 30 1,300,642.69 0.75%
--- ------------ ----
Total 50 1,982,000.23 1.14%
=== ============ ====
Number and Aggregate Principal Amounts of Contracts Repossessed
During Reporting Period
Repossession Totals
Number of Principal
Loans Balance Percentage
- --------- ---------- ----------
7 276,789.75 0.16%
Number and Aggregate Principal Amounts of Contracts in Inventory
Repossession Totals
Number of Principal
Loans Balance Percentage
- --------- ---------- ----------
15 699,759.31 0.40%
(JPMORGAN LOGO) COPYRIGHT 2005 J.P. MORGAN CHASE & CO. ALL RIGHTS RESERVED.
Page 3 of 4
ORIGEN MANUFACTURED HOUSING CONTRACT TRUST 2005-A
FEBRUARY 15, 2006
Number and Aggregate Principal Amounts of Contracts in Bankruptcy
Bankruptcy Totals
Number of Principal
Loans Balance Percentage
- --------- ------------ ----------
57 2,478,569.30 1.42%
Section 7.05(a)(viii) Principal Prepayments 1,420,915.68
Liquidation Proceeds 71,250.00
Section 7.05(a)(viii) Realized Losses
Current Period 93,019.15
Cumulative 307,666.44
Section 7.05(a)(ix) Adjusted Note Balances
Class M1 17,575,000.00
Class M2 13,300,000.00
Class B 11,400,000.00
Section 7.05(a)(x) Interest Payment Amount
Interest Distribution - A-1 100,462.65
Interest Distribution - A-2 160,891.67
Interest Distribution - A-3 59,225.83
Interest Distribution - A-4 95,689.38
Available Funds Cap Carry-Forward Amount - A-4 0.00
Interest Reduction Amount - A-4 0.00
Interest Distribution - M-1 79,966.25
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 64,948.33
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 62,225.00
Available Funds Cap Carry-Forward Amount - B 0.00
Liquidation Loss Interest Amount - B 0.00
Interest Reduction Amount - B 0.00
(JPMORGAN LOGO) COPYRIGHT 2005 J.P. MORGAN CHASE & CO. ALL RIGHTS RESERVED.
Page 4 of 4
ORIGEN MANUFACTURED HOUSING CONTRACT TRUST 2005-A
FEBRUARY 15, 2006
Section 7.05(a)(xi) Overcollateralization Target Amount 25,650,000.00
Section 7.05(a)(xii) Overcollateralization Amount 25,650,000.00
Section 7.05(a)(xiv) Trust Certificate Distribution 410,007.00
Expense Paid to LLC and DRS 947.21
Servicing Fee Adjustment -11,138.99
Miscellaneous Servicing Expenses 0.00
(JPMORGAN LOGO) COPYRIGHT 2005 J.P. MORGAN CHASE & CO. ALL RIGHTS RESERVED.