Fannie Mae, Freddie Mac and Ginnie Mae produced a combined $96.70 billion of new single-family MBS during February, a sharp 27.9 percent decline from the previous month, according to a new ranking and analysis by Inside MBS & ABS. February’s issuance was the lowest monthly volume since March of last year. All three agencies saw substantial declines in gross MBS issuance, led by Fannie’s 31.9 percent drop. Still, agency MBS production in the first two months of 2017 was...[Includes two data tables]