Among last year's most notable failures was Ocala, Fla.-based Taylor Bean Whitaker Mortgage Corp. -- which was forced into bankruptcy after it was suspended by the Federal Housing Administration in August. Melville, N.Y.-based Lend America suffered a similar fate after losing its FHA approval in November.

Montgomery, Ala.-based Colonial Bank was seized by the Alabama State Banking Department on Aug. 14 and sold to BB&T. Colonial's collapse was tied to Taylor Bean's failure.

Accredited Home Lenders Holding Co. -- the last of America's subprime mortgage lenders -- filed a voluntary bankruptcy petition in May. Two months earlier, HSBC North America -- a former subprime lending behemoth -- shut down its operations.

Former jumbo giant Thornburg Mortgage Inc. file for bankruptcy protection on May 1.

Two corporate credit unions, U.S. Central Federal Credit Union and Western Corporate Federal Credit Union, were placed into conservatorship by the National Credit Union Administration Board in March.

Other notable 2009 failures included AmTrust Bank, which was closed down by the Office of Thrift Supervision on Dec. 4, and BankUnited, FSB, which the OTS seized on May 21.