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6447 Section of the Act error (118347) when submitting to Fannie Mae
Symptom
Error 118347, Section of the Act is Missing or invalid, occurs when submitting a loan to Fannie Mae.
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Cause
The FHA Loan Data section on the Interfaces > Fannie Mae > Government screen has missing or incomplete data.
Solution
To resolve this problem, complete the following steps:
- Go to Interfaces > Fannie Mae > Government.
- Verify that the fields in the FHA Loan Data section are completed properly.
- Resubmit the loan to Fannie Mae.