Regulatory Alerts2020-07-21 | Resolução CMN 4837Central Bank Resolution CMN No. 4837 Amending Resolution No. 4676 on Real Estate Financing Conditions
The Central Bank of Brazil, via Resolution CMN No. 4837, amends Resolution No. 4676 to expand the scope of eligible real estate credit operations and adjust loan-to-value limits. The amendments permit up to 90% financing under SAC or Sacre systems, allow shared fiduciary alienation guarantees, and define specific conditions for new autonomous operations and associated ancillary costs. These changes aim to increase liquidity for financial institutions while imposing stricter transparency and risk management requirements on borrowers.
Share