Robert Maddox Quoted in Inside Mortgage Finance on New ECOA Rule Likely Headed for Court

Bradley partner Robert Maddox was quoted in Inside Mortgage Finance, arguing that CFPB’s new ECOA rule is not settled law and is likely headed for court. He said the rule is vulnerable because the CFPB made no meaningful change despite receiving massive opposition during the comment period.

Maddox said the rule opens the door to challenges under the Administrative Procedure Act, which allows courts to overturn agency actions that fail to adequately address substantial feedback. He added that the rule change does not eliminate fair lending risk but instead shifts it, likely leading to more legal battles over how and where that risk applies.

The full article, “CFPB Reshapes Fair Lending Enforcement Under ECOA,” was published by Inside Mortgage Finance on May 4, 2026. (login required)