Through independent research and innovation, the Filene Research Institute explores issues vital to the future of credit unions and consumer finance.
The United States is poised to follow nations like Ireland, Canada and Australia in formally separating safety and soundness regulation from consumer protection. With a foreword from Prof. William Jackson, Filene research director Ben Rogers sketches the consumer financial protection proposals currently in play and compares them to pro-consumer structures around the world. The conclusion: If international experience holds, credit unions will come out smelling like roses.
More ...categories » Economic Issues - Policy, Regulation and Deposit Insurance, Safety and Soundness
Today, it is commonplace to hear policymakers, industry participants and analysts speak about how our financial services regulatory system has failed us. Recent events have underscored this sentiment with unprecendented actions by the NCUA and the U.S. Treasury. To ensure you are informed about the issues and decisions ahead of us, this report explores the much anticipated reregulation of the financial services sector in the United States with a special focus on the impact a single financial services regulator may have on the credit union system.
More ...categories » Economic Issues - Policy, Life Cycle and Evolution of Credit Unions, Regulation and Deposit Insurance, Safety and Soundness
In late 2008, the Michigan Credit Union Foundation (MCUF) asked Filene Research Institute to develop a report addressing the impact of the current mortgage foreclosure crisis in Michigan.
More ...categories » Economic Issues - Credit Unions, Economic Issues - Policy, Policy, REAL Solutions, Research in Motion, Safety and Soundness