Conservation areas exist to protect the special architectural and historic interest of a place-in other words the features that make it unique and distinctive. This page explains what it means to own a building in a conservation area.
BREAKING DOWN 'Warehouse Lending'. Loan originators depend on the eventual sale of a loan to repay the warehouse lender; therefore, warehouse lenders closely monitor each loan's progression with the originator toward its eventual sale.
Loan Prospector is an automated underwriting service that can provide the following: 1  A quick decision concerning a loan's eligibility for sale to Freddie Mac. 2  A determination of the overall loan risks. 3  An evaluation of the borrower's credit and collateral to help complete the loan application underwriting.