Last reviewed 08-20-2026Short-Sale.com Editorialglossary
Subordination Agreement (applicable to HECMs only)
FHA Single Family Housing Policy Handbook Glossary November 26 2025
Updated 08-20-2026
Subordination Agreement (applicable to HECMs only)
A Subordination Agreement refers to an action necessary to correct the recordation order when the second HECM has been inadvertently recorded before the first. Recording a Subordination Agreement for the second HECM must result in the Mortgagee’s HECM lien being a first
FHA Single Family Housing Policy Handbook Glossary November 26 2025
p. 55
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