This is why the main mortgage is referred to as a âfirst mortgage,â and a home equity loan or line of credit is called a âsecond mortgage.â In the case of a sale or foreclosure, the first mortgage loan would be paid off in full before funds are applied to the second, subordinate mortgage. subordinate (or subordination) clause notes that a mortgage will remain subordinate to an existing lien on the property in question.
Updated April 06, 2016. Definition: Podiatry is the treatment of disorders of the foot and ankle. A podiatrist is a doctor of podiatric medicine. While the podiatrist does undergo a four year post-graduate training program similar to medical school, podiatrists (DPM) differ from the M.D. and D.O. trained physicians.
The term podiatry came into use in the early 20th century in the United States and is now used worldwide with countries such as the United Kingdom and Australia. A Doctor of Podiatric Medicine, is a medical specialist who diagnoses and treats conditions affecting the foot, ankle, and structures of the leg.he term podiatry came into use in the early 20th century in the United States and is now used worldwide with countries such as the United Kingdom and Australia. A Doctor of Podiatric Medicine, is a medical specialist who diagnoses and treats conditions affecting the foot, ankle, and structures of the leg.