The Federal Home Loan Banks’ flagship mortgage program showed some signs of life in the third quarter, but the two-year downward trend is continuing for the Mortgage Partnership Program. According to statistics released this week, the MPF program funded $2.6 billion in mortgages during the third quarter of 2005. That represents a 36.8 percent rise from the $1.9 billion reported for 2Q05, which followed $2.9 billion in volume for the…