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.