New issuance of single-family MBS by Fannie Mae, Freddie Mac and Ginnie Mae fell 4.6 percent from December to January, according to a new Inside MBS & ABS ranking and analysis. The three agencies produced $85.18 billion of new single-family MBS last month. The good news is that was up a hefty 24.3 percent from January 2014; the bad news is January 2014 came toward the end of a nine-month swoon in agency MBS production. All of the decline in monthly MBS issuance resulted...[Includes two data charts]