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Rating Agency Crackdowns May Signal More Enforcement to Come

By Joe Mont2013-02-06T13:49:00

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2017-01-17T11:45:00Z By Jaclyn Jaeger

Moody’s Investors Service, Moody’s Analytics, and their parent, Moody’s, have reached a nearly $864 million settlement agreement with the Department of Justice, 21 states, and the District of Columbia to resolve allegations arising from Moody’s role in providing credit ratings for residential mortgage-backed securities and collateralized debt obligations. Jaclyn Jaeger ...