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.
In a nebulous financial situation a secured loan can provide assurance to lenders. A secured loan is simply a loan with some collateral behind it that the lender will receive if the borrower defaults. Common secured loans include mortgage loans and auto loans.