A thought had occurred to me, if the banks are actively funding DEI doesn't that mean loans made to white and/or asian people are void?
Lenders cannot sabotage a borrower’s income or business, cannot act in ways that deliberately cause a default, cannot take opportunities away that were meant to fund repayment. A lender interferes with a borrower’s contract or revenue stream that was meant to fund repayment.
K.M.C. Co. v. Irving Trust Co., 757 F.2d 752 (6th Cir. 1985)
A lender cut off a credit line in a way that destroyed the borrower’s ability to operate, causing default. The court held the lender violated good faith.
Best v. U.S. National Bank (Oregon Supreme Court)
A bank acted in bad faith by interfering with a borrower’s business and then trying to enforce repayment.
State ex rel. Udall v. Colonial Penn Ins. (Arizona)
Reaffirmed that actions that intentionally cause default are bad faith.
Equitable estoppel
The lender cannot claim the borrower owes repayment because the lender’s own actions made repayment impossible.