Moody’s Investors Service said in a special comment Monday that certain proposals for residential-mortgage backed securities the agency has received would end up with ratings between ‘A1 (sf)’ and ‘A3 (sf)’ due to weaknesses in the representations and warranties that are embedded in the deals’ collateral.

The agency did not say when it reviewed these proposals, but it sounded similar to a warning delivered by Fitch Ratings last week about problematic reps and warranties in recent transactions.

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