A Crowded Market Cuts the GSEs’ B&C Market Share Are Fannie Mae and Freddie Mac pulling back from the subprime market? Officials say the answer is “no.” But there is evidence to support the idea that, in at least some areas, the two government-sponsored enterprises may not have quite the appetite that they used to have. Moreover, it appears that the market takeover many industry players feared when Fannie and Freddie first announced their plans