As seen in Valuation Review: XML explained: The new file format and UCDP compliance
Written by Appraisal Press Contributor on July 7, 2011
The government-sponsored entities, Fannie Mae and Freddie Mac, are requiring lenders to submit information electronically via the UCDP. But what does all this mean for appraisers? Read on for the impact on the industry and an explanation of the XML file format.