The House version of GSE reform tracks pretty close to a bill introduced in the Senate back in January – except that the House draft takes up this year’s most controversial issue: restraining GSE portfolio growth. Rep. Richard Baker, chairman of the House Financial Services Subcommittee on Capital Markets, Insurance and GSEs, dropped his much-anticipated Federal Housing Finance Reform Act of 2005 earlier this month. The legislation is co-sponsored by Rep. Michael Oxley, chairman of…