Sometimes a subordinated loan agreement does not involve two mortgage lenders. For example, a mortgage lender may agree to subordinate its loan to a lease on the collateral. That way, if the mortgage lender ever forecloses on the collateral, the lease will survive the foreclosure.
(Redirected from Structural racism). Societal racism is a term which refers to racist attitudes within a society It also been called structural racism, because society is structured in a way that excludes substantial numbers of people from minority backgrounds from taking part in social institutions.
It occurs when institutions, including corporations, governments and universities, discriminate either deliberately or indirectly, against certain groups of people to limit their rights. Race-based discrimination in housing, education, employment and health for example are forms of institutional racism. It reflects the cultural assumptions of the dominant group, so that the practices of that group are seen as the norm to which other cultural practices should conform (Anderson and Taylor, 2006).