Enterprise 11th District COFI Replacement Indices

Enterprise 11th District COFI Replacement Index

Consumer Products (Single-Family)

The Enterprise 11th District COFI Replacement Index is based on the Federal Cost of Funds Index, currently published by Freddie Mac, with a spread adjustment and a one-year transition period.

Who should use this index?

Servicers and borrowers of Single-Family COFI-indexed ARMs.

Enterprise 11th District COFI Institutional Replacement Index

Institutional (Multifamily & Freddie Mac CMOs)

The Enterprise 11th District COFI Institutional Replacement Index is based on the Federal Cost of Funds Index, currently published by Freddie Mac, with a spread adjustment.

Who should use this index?

Servicers and borrowers of COFI-indexed Multifamily floating rate loans. Freddie Mac will use this index in COFI-indexed Freddie Mac CMOs.