The Justice Department is reportedly investigating whether S&P (MHP) improperly rated dozens...

|By:, SA News Editor

The Justice Department is reportedly investigating whether S&P (MHP) improperly rated dozens of mortgage securities prior to the financial crisis. The probe began before S&P downgraded the U.S. The SEC is also investigating S&P for any wrongdoing, and possibly Moody's (MCO) and Fitch (FMLCF.PK) as well.