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COFI
COFI Short for cost of funds index. A yield index based upon the cost of funds to savings and loan institutions in the San Francisco Federal Home Loan Bank District.
RELATED TERMS--------------------------------------
Index
A measurement used by lenders to determine changes to the Interest rate charged on an adjustable rate mortgage.
Yield
The interest earned by an investor on his investment (or bank on the money it has lent).
Loan
A sum of borrowed money (principal) that is generally repaid with interest.
Bank
An institution that acts as a financial intermediary by receiving money from depositors and lenders and also lending to borrowers.
SIMILAR TERMS--------------------------------------
PREVIOUS AND NEXT TERMS--------------------------------------
CMBS
Commercial Mortgage-Backed Securities
Cmo
Collateralized Mortgage Obligation
Co-borrower
An additional individual who is both obligated on the loan and is on title to the property.
Code of Ethics
The rules and regulations required by all members of the National Association of Realtors.
Codicil
A supplement or an addition to a will, executed with the same formalities as a will, that normally does not revoke the entire will.
COFI
Co-housing
Also called cohousing, cooperative housing and community housing, an arrangement in which dwelling units have access to a shared space with a large kitchen, dining hall, laundry and children's play areas.
Coign
The cornerstone of a building that differs in shape or color from the rest of the wall.
Co-insurance
Coverage that involves the use of two or more insurers.
Co-insurance clause
A clause in insurance policies covering real property that requires the policyholder to maintain fire insurance coverage generally equal to at least 80 percent of the property's actual replacement cost.
Co-investment
Co-investment occurs when two or more pension funds or groups of funds share ownership of a real estate investment.
This dictionary contains 6433 terms. |
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