Reminder: The Association and our Affiliates will be closed Thursday and Friday for Thanksgiving. The Point will resume publication Monday. Happy Thanksgiving!

In the latest episode of CU Broadcast, New York Credit Union Association President/CEO William J. Mellin discussed the innovative ways the Association is helping the state’s credit unions tackle compliance burdens – The Point

Former Municipal CU CEO Kam Wong pleaded guilty to embezzling funds from the credit union – The Point

The CFPB recently issued revised versions of the small entity compliance guides for the Loan Originator Rule and the Home Ownership and Equity Protection Act Rule – The Point

The vast majority of Americans like their banks’ mobile app and online experience, but about one in six might be wooed to another financial institution for upgraded digital features, according to a new survey – CU Times

Democrats are planning to dramatically set up their focus on improving financial services for underserved communities when they take control of the U.S. House of Representatives in January – CUToday

U.S. homebuilding rose in October amid a rebound in multi-family housing projects, but construction of single-family homes fell for a second straight month, suggesting the housing market remained mired in weakness as mortgage rates march higher – Reuters

More than 80 officials, including 50 mayors, came to Albany on Monday to discuss their priorities for the upcoming 2019 legislative session – Times Union

The Internal Revenue Service warned about a new phising scam in which cybercriminals are sending out fraudulent emails impersonating the IRS, claiming the attachments are tax transcripts, to fool recipients into clicking on and opening files containing harmful malware – Accounting Today

Burdened by student debt and less inclined to marry young, millennials are putting off homeownership longer than generations past– HousingWire