BULLETIN: RMBS Unaffected By Genworth's Acquisition Of Vero LMI - S&P Global Ratings’ Credit Research

BULLETIN: RMBS Unaffected By Genworth's Acquisition Of Vero LMI

BULLETIN: RMBS Unaffected By Genworth's Acquisition Of Vero LMI - S&P Global Ratings’ Credit Research
BULLETIN: RMBS Unaffected By Genworth's Acquisition Of Vero LMI
Published Jun 01, 2006
400 words — Published Jun 01, 2006
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Abstract:

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.

  
Brief Excerpt:

RESEARCH BULLETIN: RMBS Unaffected By Genworth's Acquisition Of Vero LMI Publication date: 01-Jun-2006 MELBOURNE (Standard & Poor's) June 1, 2006--Standard & Poor's Rating Services today said that Genworth Financial Mortgage Insurance...

  
Report Type:

Bulletin

Ticker
Issuer
GICS
Property & Casualty Insurance (40301040)
Sector
Global Issuers , Structured Finance
Country
Region
United States
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "BULLETIN: RMBS Unaffected By Genworth's Acquisition Of Vero LMI" Jun 01, 2006. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-RMBS-Unaffected-By-Genworth-s-Acquisition-Of-Vero-LMI-511993>
  
APA:
S&P Global Ratings’ Credit Research. (). BULLETIN: RMBS Unaffected By Genworth's Acquisition Of Vero LMI Jun 01, 2006. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-RMBS-Unaffected-By-Genworth-s-Acquisition-Of-Vero-LMI-511993>
  
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