Indeed.
The media is no longer just BIAS.
If you really want to find out the answer to this questions go and ask the realtors handling the repo’s in Orange County CA. They are willing to talk and see all the history of the loans and borrowers. From talking to one myself, it seems there are a lot of illegals that made loans and never paid one payment..meanwhile taking rent from inhabitants.
ACORN is now scamming the legit owners and rentors by asking for money to protect them from repo.
Everybody in the business knows what went on..the GCM just won’t report and the investigating authorities(federal are swamped or disinterested.)
The old media has moved beyond bias and is well into propagandizing.