Through independent research and innovation, the Filene Research Institute explores issues vital to the future of credit unions and consumer finance.
Financial sector policymakers should think in terms of chess clocks and golf handicaps. Instead, they all too often fall under the sway of a very powerful metaphor that winnows down the art of financial sector policymaking to the simple act of designing a “level playing field,” where everyone operates under exactly the same rules regardless of size, purpose, or structure.
More ...categories » Economic Issues - Policy, Policy
“My most important piece of advice to all you would-be writers: when you write, try to leave out all the parts readers skip.”
- Elmore Leonard
The supply of commentary on the Consumer Financial Protection Bureau’s (CFPB) creation far exceeds its demand. This has to do not only with its implications on the way financial firms operate, but the heated discussions that usually arise when talking about any new governmental body. Political or professional reactions aside, we can all agree that, factually, the CFPB exists.
More ...categories » Policy, Regulation and Deposit Insurance
Fannie Mae and Freddie Mac: Implications for Credit Unions engages the work of legal expert David Reiss to break down the benefits, purported and real, that Fannie Mae and Freddie Mac bring to the mortgage market and the credit union system. This research is critically important for credit unions, because:
More ...categories » Policy