Not that there's a bandwagon or anything, but NY AG Eric Schneiderman is reportedly...

|By:, SA News Editor

Not that there's a bandwagon or anything, but NY AG Eric Schneiderman is reportedly investigating S&P (MHP), Moody's (MCO) and Fitch (FMLCF.PK) over their ratings of mortgage bonds. Schneiderman is also looking at whether the firms implemented agreements in 2008 to make certain reforms, which they signed to settle an earlier inquiry but which expired in 2011 and could stymie the AG's ability to take fresh action.