Housing Downturn Here to Stay - Foreclosures Still Ignored

As we watch the US Housing Market correct and crash in real time, it is still interesting to note that Mainstream media refuses to acknowledge and ignores the potential massive volume of Foreclosures that are on the way. Why are they ignoring the Foreclosures ? It is anyone's guess, however, based on timing one could assume that even more negative news for the Housing Market will not help them with their narrative and agenda.