Why are banks getting away from HELOCs and home equity loans?

[Paul Witte]

https://www.housingwire.com/ar...

This isn't new news really, but I haven't cared much until recently when planning the end game of a BRRRR I'm involved in. Refinance fees are up and as I was comparing fees and repayment terms for home equity loans, I realized that it wasn't as easy to get one as it used to be. Are banks just trying to shore up capital reserves so they stay solvent in the event of a mass foreclosure event like 2008? What's going on here?