On Friday, the House passed the most current version of President Biden’s Build Back Better Act legislation, largely along party lines. On Monday, HUD published its Annual Report to Congress on the financial status of the FHA’s MMI Fund. And on Wednesday, HUD released Mortgagee Letter 2021-27, which provides details regarding Fair Housing Act compliance with respect to FHA appraisals.

Here’s a summary of some of the latest housing and economic reports that have come across the MBA NewsLink desk:

The U.S. housing stock is full.

Many office investors focused on core office properties during the pandemic, but value-add liquidity is quickly recovering as clarity surrounding rent growth and the future of office demand improve, said JLL, Chicago.

Good morning, and Happy Thanksgiving Week. Here are four things to look out for during this abbreviated week: