Exclusive: Moody's reaches $850-million-plus accord over pre-crisis ratings - source
January 13, 2017 at 18:24 PM EST
NEW YORK (Reuters) - Moody's Corp 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.