Exclusive - Moody's reaches $850-million-plus accord over pre-crisis ratings: source | Reuters

NEW YORK Moody's Corp (MCO.N) has agreed to pay over $850 million to settle with U.S. federal and state authorities over its ratings of risky mortgage securities in the run-up to the 2008 financial crisis, according to a person familiar with the matter.

< (Reporting By Karen Freifeld; Editing by Bernard Orr)

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Published Date: Jan 14, 2017 05:30 AM | Updated Date: Jan 14, 2017 05:30 AM

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