To be sure, a number of efforts are under way to establish additional mortgage servicing standards. The Consumer Financial Protection Bureau (CFPB) has recently declared its intent to propose servicing rules that would apply to all mortgage loans. The FHFA strategic plan includes an initiative already in motion to create a single set of servicing protocols for both Fannie and Freddie loans.
Conventional time series methods based on past data suggest a potential growth rate of 7.5–8% for the Indian economy. However, the issue is how India can move to a 10% growth trajectory ahead.