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Fortress Investment Group LLC (FIG.N)

FIG.N on New York Stock Exchange

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Fitch Places Ocwen's 'B-' Ratings on Watch Negative

(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