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United States

Fortress Investment Group LLC (FIG.N)

FIG.N on New York Stock Exchange

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(The following statement was released by the rating agency) CHICAGO, April 24 (Fitch) Fitch Ratings has placed the ratings of Ocwen Financial Corporation (OCN) and its wholly-owned, primary operating subsidiary, Ocwen Loan Servicing, LLC (OLS) on Rating Watch Negative. The entities have a long-term Issuer Default Rating (IDR) of 'B-'. A full list of rating actions follows at the end of this release. KEY RATING DRIVERS IDRS AND SENIOR DEBT The Negative Rating Watch follows two separate regulatory