The provision in a mortgage deed that regulates the possible subordination of the mortgage to another mortgage lien. The subordination clause of first mortgage loans prohibits its subordination to other private obligation liens. Second mortgage loans normally allow subordination, with the case-by-case approval of the lender's underwriter. For more information, see the "Mortgage Deeds and Promissory Notes" article (in the "Real Estate In-Depth" section) and the "Second Mortgages" article (in the "Loan Programs" section).
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