Not really. Banks have a fiduciary responsibility to lend out their money with some caution.
The banks colluded because they too wanted to make a pile of money quickly, then when it all blew up they went after all the collateral leaving the private individuals holding the debt after the foreclosure.
The banks colluded because they too wanted to make a pile of money quickly, then when it all blew up they went after all the collateral leaving the private individuals holding the debt after the foreclosure.