Cost of funds index

id: cost-of-funds-index-316-9957944
title: Cost of funds index
text: A cost of funds index or COFI is a regional average of interest expenses incurred by financial institutions, which in turn is used as a base for calculating variable rate loans. The interest rate on an adjustable rate mortgage, for example, is often linked to a regional COFI specified in the particular loan documents. COFIs, in turn, are usually calculated by a self-regulatory agency like Federal Home Loan Banks. In California, for example, many home mortgage loans are indexed to the Federal Hom
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category slug: encyclopedia
description:
original url: https://en.wikipedia.org/wiki/Cost_of_funds_index
date created:
date modified: 2018-04-30T11:14:27Z
main entity: {"identifier":"Q5174787","url":"https://www.wikidata.org/entity/Q5174787"}
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fields total: 13
integrity: 13

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