A predatory lending bill that made it out of committee earlier this week requires that mortgage originators receive licensing and registration. This move is designed to create more regulation for a mortgage industry that some say has gone amok. The bill is also designed to prevent mortgage lenders from pushing loans that may not have a benefit for borrowers and other questionable lending practices.

But some think that the bill is too much. Forbes reports on some of the consequences that may come out of this predatory lending bill:

But the bill has a dark side: It could prevent people who would normally qualify for mortgages from getting one. How many? It’s unknown. In addition, the legislation, if passed, may drastically increase the number of lawsuits surrounding the subprime mortgage industry if borrowers somehow prove lenders steered them into loans they couldn’t repay.