The SMU Mustangs learned their latest College Football Playoff ranking Tuesday night when the committee revealed the updated standings after a wild Week 12. SMU now sits at No. 14, dropping back a spot after its bye week, just ahead of Texas A&M. If the season ended now, the Mustangs would be the second team out. Boise State is No. 13, dropping a spot. The rankings above SMU include Georgia at No. 12, Ole Miss at No. 11, Alabama at No. 10, Miami at No. 9, Notre Dame at No. 8, Tennessee at No. 7, BYU at No. 6, Indiana at No. 5, Penn State at No. 4, Texas at No. 3, Ohio State at No. 2, and Orego…