James 2 14:26 would provide a different opinion on faith and good works than the one you rendered. Scripture is inspired but your interpretation is not.
How can you know the interpretation of this verse? Rome has not infallibly defined it.
Offcourse, when read in context, It's meaning is fairly obvious.
In the past much exposure was afforded this verse and Luther’s actions. In recent years Lutheran and Catholic scholars have reconciled historical differences of interpretation surrounding this issue to the extent it no longer appears to be an area of contention for these two groups. Read the summery of their conferences to glean the essence of their unified belief.
God bless