COFI

(redirected from Cost of Funds Index)
Also found in: Financial, Wikipedia.
AcronymDefinition
COFICost of Funds Index
COFICodec Filter
COFICouncil Of Forest Industries (Canada)
COFICommunity Organizing and Family Issues
COFICheckout and Fault Isolation
COFICoder/Decoder Filter (electrical engineering)
COFICommission/Committee on Fisheries
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References in periodicals archive ?
The types of loans I'm talking about include: conforming and nonconforming ARMs with rates indexed to the London interbank offered rate (LIBOR), Cost of Funds Index (COFI) and Monthly Treasury Average (MTA); hybrid ARMs; loan programs tailored to consumers with nontraditional financial circumstances; and programs that offer mortgage payment flexibility, such as interest-only payment options.
It publishes three cost of funds indices: the 11th District Monthly Weighted Average Cost of Funds Index (COFI), the Semiannual Weighted Average Cost of Funds Index for the 11th District, and the Semiannual Weighted Average Cost of Funds Index for California.
Through all its production channels, Countrywide now offers a variety of ARMs based on several different indexes, including the Cost of Funds Index (COFI), London Inter Bank Offered Rate (LIBOR), Monthly Treasury Average (MTA), prime rate and Treasury.