A decline in interest rates on mortgages helped to prop up home sales during the partial shutdown of the federal government.

The Mortgage Bankers Association called for the full Senate to quickly confirm the nominees.

Refi volume in Ginnie MBS issuance increased by 46.7% on a monthly basis to $15.25 billion in October.

At top-ranked United Wholesale Mortgage, GSE deliveries with private MI were down 9.5% from the second quarter.

Servicer removals tied to FHA delinquencies and foreclosures increased 31.0% from the second quarter.

FHA Commissioner nominee Frank Cassidy and Ginnie Mae President nominee Joseph Gormley testified before a Senate committee Thursday.

The total delinquency rate on FHA loans in Ginnie MBS hit 10.90% at the end of September, up 51 bps from the end of June.

Total outstanding balance of single-family mortgages in Ginnie Mae mortgage-backed securities increased by 2.2% from the end of June to $2.65 trillion as of the end of September.

Loans without mortgage insurance gained some share in the agency MBS market during the third quarter.

VA refi volume was down 31.5% from the second quarter, while FHA refi volume slipped 10.3%.