Henry Cisneros, secretary of Housing and Urban Development, said the shutdown of the federal government has led to a mounting backlog of work and additional expenses for the agency.

At a press conference, he cataloged the adverse effects of the shutdown of his agency's FHA program.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.