Towards the end of November, the Republican-controlled House Financial Services Committee passed six pieces of legislation in an attempt to bring more oversight, accountability and transparency to the CFPB, all of which largely passed on a party-line vote, give or take a vote or two. One of the most important of the batch for lenders is H.R. 3193, the Consumer Financial Protection Safety and Soundness Act of 2013, introduced by Rep. Sean Duffy, R-WI. The legislation would require the CFPB to consider the safety and...