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 processors may also act as liaisons between the broker/loan officer and the underwriter. In a nutshell, the loan originator hustles to bring in new borrowers and the loan processor hustles to get the loans funded, while both may irritate the underwriter in the process.