Origen Financial (Origen Financial) Credit Losses Provision : $17.75 Mil (As of Dec. 2008)

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What is Origen Financial Credit Losses Provision?

Origen Financial's credit losses provision for the three months ended in Dec. 2008 was $6.72 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2008 was $17.75 Mil.

Origen Financial's quarterly credit losses provision increased from Jun. 2008 ($3.34 Mil) to Sep. 2008 ($4.65 Mil) and increased from Sep. 2008 ($4.65 Mil) to Dec. 2008 ($6.72 Mil).

Origen Financial's annual credit losses provision increased from Dec. 2006 ($7.07 Mil) to Dec. 2007 ($8.74 Mil) and increased from Dec. 2007 ($8.74 Mil) to Dec. 2008 ($17.75 Mil).

Origen Financial Credit Losses Provision Historical Data

The historical data trend for Origen Financial's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Origen Financial Credit Losses Provision Chart

Origen Financial Annual Data

Trend

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Credit Losses Provision

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10.19

13.12

7.07

8.74

17.75

Origen Financial Quarterly Data
	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08
Credit Losses Provision	Get a 7-Day Free Trial															2.95	3.03	3.34	4.65	6.72

Origen Financial Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Dec. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $17.75 Mil.

Origen Financial (Origen Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Origen Financial Inc (OTCPK:ORGN) » Definitions » Credit Losses Provision

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Traded in Other Exchanges

N/A

Address

27777 Franklin Road, Suite 1700, Southfield, MI, USA, 48034

Website

http://www.origenfinancial.com

Origen Financial Inc is an internally-managed and internally-advised Delaware corporation that is taxed as a real estate investment trust. It is a national consumer manufactured housing lender and servicer.