What's New
Coastal Index Vector Analysis (CIVA)
Coastal Securities has long been an innovator in the field of CPR research. In the
mid 1990’s Coastal developed the CSBA prepayment model based around advanced vector
analysis, which enables investors to analyze potential investments more thoroughly.
Today we are proud to present the Coastal Index Vector Analysis or “CIVA”. This
tool helps investors analyze the effects of underlying index movements on the yield
and cashflows of adjustable rate loans and pools. By modeling a dynamic rate
environment rather than choosing a static “point in time”, investors gain a clearer
picture of the expected performance of adjustable rate products over time. A sample
analysis can be found here.
For a customized analysis of a loan or pool, based on your own interest rate
forecasts, please contact your Coastal Securities representative.