Your incorrect cDude, The banks were crushed by federal mandates to loan to underqualified members, in order to insure all minorities and financial groups all have the same great american dream come true. Bill Clinton is largely responsible for taking a bad law and making it far worse, insisting banks take these loans and then sell them off to fanny / freddie..
Now Feds are making banks hold large capitol in liquid forms to back any loans they do, and they are already pushing to ease loan qualifications again. It is not simply some shady banks.