Yes, but it was the CONGRESS that DEMANDED an end to RED-LINING which meant the banks had to lend to people who couldn’t afford IT!! pLUS THE INTEREST RATES WERE extremely low.
Here's a definition of redlining
Illegal practice of discriminating based on geographic location when providing loans or insurance coverage.
http://www.investorwords.com/4111/redlining.html
Redlining refers to geographical location, not on the individual's ability to pay.