Despite industry concerns, the expected takeover of the subprime market by the government-sponsored enterprises failed to materialize in 2000. But, as the new century kicks off, there are indications that Freddie Mac, at least is set to become a bigger player. “We have entered [the subprime market] in a slow but deliberate manner,” said Paul Peterson, Freddie’s executive vice president for single family housing during last month’s investor/analyst conference in New York. However,