Subordination policy
Definition
The policy of a second mortgage lender for allowing a borrower to refinance the first mortgage while leaving the second in place.
Related Terms Other terms related to 'Subordination policy' starting with the letter 'S' Shared appreciation mortgage, Sub prime lender, Sub prime borrower, Swing loan, Servicing Browse by Letter » 1 4 A B C D E F G H I J L M N O P Q R S T U V W Y | 