The business position of Altisource Portfolio Solutions? largest customer and former parent, OCWEN Financial Corp., has weakened under mounting allegations from federal and state regulators about the efficacy of its servicing practices and merits in related-party dealings, including with Altisource. We believe OCWEN?s current inability to acquire additional servicing assets may be prolonged and therefore directly and negatively affect Altisource?s earnings capacity. We are revising our outlook on the long-term issuer credit rating on Altisource to negative from stable, and we are affirming our ?B+? long-term issuer credit rating. We could lower the rating if OCWEN?s trouble leads to a material deterioration in Altisource?s business profile or its earnings capacity. On Oct. 29, 2014, Standard&Poor's Ratings Services revised
