To strengthen enforcement, we have initiated a pilot program to improve the coordination among federal and state authorities in the examination of nonbank mortgage lenders. Another problem identified by the PWG was the inadequate care by investors in their evaluations of securitized credits, particularly the more complex structured securitizations.
Aged 65 and over (left scale)  100  Women aged 15-64 (left scale) Men aged 15-64 (left scale)  40  90  All (right scale)  30  80  20  70  10  60  Real GDP growth rate  1 0 -1  50  0 1980s  1990s  2000s  2010s  CY 80  85  Sources: Cabinet Office; Ministry of Internal Affairs and Communications.