Correct Blue D. I am a former catholic myself, so I am familiar with "catholic speak." Your definition of "salvation" and "Good News," are light years different from the Catholic Churches definition. That is why I keep harping on the subject, that when dealing with cults, like the RCC, Mormons, JWs etc, you must specify in great detail exactly what you mean, because our terms and their terms mean radically different things. Faith does not mean the same to you, as it does to a cult member.
Hebrews 11:1 Now faith is the assurance of things hoped for, the conviction of things not seen.
So when they say they are in the faith, that means to them that they are actively practicing Catholics, not that they believe God's promises as found in Scripture and are trusting HIM for their salvation.