Matthew Sheldon

Matthew S. Sheldon

PartnerCo-Chair of Banking and Consumer Financial Services
Matthew S. Sheldon
Washington, DC
+1 202 346 4027

Matt Sheldon counsels many of the nation’s largest banks, mortgage lenders, and fintech companies on their most sensitive regulatory, enforcement, and litigation matters. His practice focuses on helping those clients successfully align their business goals and strategies within the complex framework of federal and state regulatory requirements. Much of his work centers on assisting clients with their regulatory relationships, whether in the examination, investigation, or enforcement context.

Matt is a partner in Goodwin’s Consumer Financial Services Litigation practice and he serves as co-chair of Goodwin’s Banking and Consumer Financial Services practice. He is also the Head of Goodwin’s Litigation Practice for the Washington, DC office.

Matt is top-ranked by both Chambers USA and The Legal 500 US, with Chambers recognizing him as “a very thoughtful regulatory and litigation attorney, with a practical mindset toward complicated and often ambiguous issues.”

Although Matt specializes in advising clients on residential mortgage lending matters, he counsels and represents clients regarding a broad array of consumer financial services and products, including credit cards, payment systems, insurance and reinsurance, and ERISA-covered retirement plans.

Matt regularly represents financial institutions facing regulatory proceedings and government investigations by federal and state administrative agencies, including the Consumer Financial Protection Bureau (CFPB), the Department of Housing and Urban Development (HUD), the Federal Deposit Insurance Corporation (FDIC), and state attorneys general. He also provides fair lending and regulatory compliance advice, including representing clients on matters relating to federal banking and consumer finance regulations, such as the FCRA, ECOA, RESPA, TILA and FDCPA, as well as state banking and consumer protection statutes.

In the litigation context, his practice focuses on defending financial service providers facing significant litigation matters, including class actions, in federal and state courts across the nation. His broad experience includes successfully defending a variety of clients in cases challenging fair lending compliance, financial product sales and marketing practices, reinsurance structures, and ERISA compliance.


Matt’s enforcement and litigation representations include:

  • Currently representing multiple financial institutions in various confidential federal regulatory enforcement proceedings
  • Successfully led the defense of mortgage lenders in multiple Fair Housing Act lawsuits filed by municipalities alleging discriminatory lending practices. Matt has helped secure dismissals in six such matters, including summary judgment decisions in three different matters
  • Part of the Goodwin team that represented Quicken Loans, Inc. before the U.S. Supreme Court, in Freeman v. Quicken Loans, Inc. The case involved an important consumer credit question under RESPA, which the Court decided unanimously in Quicken’s favor
  • Multiple mortgage lenders in putative class actions alleging mortgage insurance captive reinsurance arrangements violated RESPA; secured summary judgment on plaintiffs’ claims on statute of limitations grounds
  • A mortgage lender in investigation by CFPB of mortgage brokerage relationship; proceeding was dropped without charges or action
  • Mortgage lenders in numerous putative class actions challenging loan origination, servicing, modification, and/or foreclosure practices; dismissal secured and/or class certification denied in multiple actions
  • Mortgage lenders in multiple Fair Housing Act lawsuits filed by municipalities alleging discriminatory lending practices
  • Advisory counsel for Mortgage Bankers Association on regulatory comment and amicus issues
  • The Joyful Heart Foundation in its nationwide “End the Backlog” project seeking to eliminate the accumulation of untested rape kits throughout the country
  • Representative clients include Quicken Loans, Flagstar Bank, First Horizon National Corporation, PHH Mortgage Corporation, Mortgage Bankers Association, and IQor Holdings, Inc.

Professional Activities

Matt greatly enjoys working with the non-profit Project Citizenship to assist individuals in becoming United States citizens, as well as the non-profit Kids in Need of Defense (KIND) as part of KIND’s Family Separation Response Team, which is working to reunify families separated under prior border policies. He is a member of the Virginia State Bar and the Virginia Trial Lawyers Association.

Professional Experience

Prior to joining Goodwin, Matt was an attorney with the law firm Williams Mullen, P.C.




William & Mary School of Law


William & Mary



  • District of Columbia
  • Virginia


  • U.S. Supreme Court
  • Virginia Supreme Court
  • U.S. Court of Appeals for the Third Circuit
  • U.S. Court of Appeals for the Fourth Circuit
  • U.S. Court of Appeals for the Eleventh Circuit
  • U.S. District Court for the Eastern District of Virginia
  • U.S. District Court for the Western District of Virginia
  • U.S. District Court for the District of Columbia
  • U.S. District Court for the Northern District of Illinois
  • U.S. Bankruptcy Court of Eastern District of Virginia

Recognition & Awards

Matt was selected for inclusion in The Legal 500 US in 2022 and 2023. Matt was recognized by Chambers USA in 2022-2024 for his work in Financial Services Regulation: Consumer Finance (Litigation), and has been named a 2014, 2015, and 2016 “rising star” in consumer law by DC Super Lawyers.


Matt’s recent speaking engagements and publications include: