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Fitch Affirms Ocwen's Rating at 'B-'; Outlook Revised to Stable

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CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed the Long-term Issuer Default Ratings (IDRs) for Ocwen Financial Corporation (OCN) and its wholly-owned primary operating subsidiary, Ocwen Loan Servicing, LLC (OLS), at 'B-'. OLS's senior secured term loan and OCN's senior unsecured notes have also been affirmed at 'B-/RR4' and 'CC/RR6', respectively. The Rating Outlook has been revised to Stable from Negative. A full list of rating actions is at the end of this release. KEY RATING DRIVERS ID

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