OFN is an acronym that can have multiple meanings depending on the context in which it is used. It can stand for "On Foe Nem" or "Oh Fuck No," but it is usually pronounced as "Of Neme." The phrase first appeared in hip hop culture and has gained popularity on social media platforms like Snapchat. While some people have criticized the use of OFN in this way, others believe that it is an appropriate and harmless slang expression.
In the most common use, OFN means "Old F**king News." This is a quick and concise way to tell someone that the news they are sharing with you is old and that you already know about it. With the advent of modern technology and the internet, news travels faster than ever before, and it is not uncommon for something to be considered old news one day to be considered current the next.
Founded in 1996, OFN is a national network of community development financial institutions (CDFIs) that direct capital to communities to create economic opportunity for all. OFN provides investors with a comprehensive suite of investment products, including impact reporting and visibility opportunities.
The OFN community includes more than 400 CDFIs across the country, representing a diverse array of local needs and assets, and delivering solutions that work in real life. OFN’s investors are diverse in origin, industry and experience. They are aligned with OFN’s mission of expanding access to responsible mainstream mortgage lending in communities of need and opportunity.