MELBOURNE (Standard&Poor's) June 1, 2006--Standard&Poor's Rating Services today said that Genworth Financial Mortgage Insurance Pty Ltd.'s (GFMI; AA/Stable/--) proposed purchase of Vero Lenders Mortgage Insurance Ltd. (Vero LMI; A-/Stable/--) would not affect the insurer financial strength and counterparty credit ratings of either insurance entity. As a result, the proposal will not have any implications for residential mortgage-backed securities (RMBS) transactions which contain loans mortgage insured by Vero LMI.