The National Securities Commission (CNV) has launched a special regime of mortgage trusts aimed at boosting real estate credit and simplifying the operations of credit lines in the capital market. General Resolution 1053/2025 has been published in the Official Bulletin with this measure.
According to the CNV, this is a "more agile and simplified securitization regime, aimed at promoting and consolidating a robust and sustainable mortgage credit market over time." The board of the CNV considers it essential to promote agile mechanisms that facilitate the securitization of mortgage rights and their insertion in the capital market.
This new regime is characterized by its flexibility, allowing the diffusion period to be reduced to 1 day when the offer is directed at qualified investors, unlike the 3 days established in the general regime. It also allows reopening the placement for a period of up to 2 years from the original placement, which was not permitted in the general regime.
Roberto Silva, president of the CNV, highlighted that they are working to streamline procedures and processes within the capital market, in line with the deregulation promoted by the National Government. He emphasized the importance of these measures for the development of mortgage credit and access to housing for Argentinians.
The measure is supported by Decree No. 1017/24 and aims to boost the mortgage credit market in the capital market. The possibility of issuing new securities in an agile manner and without additional requirements is highlighted as an additional benefit of this special mortgage trust regime.
