Story Blaming Payday Lenders for Mortgage Crisis Slammed By Media Critic

To: REAL ESTATE EDITORS

Contact: Steven Schlein or Lyndsey Medsker, both for the Community Financial Services Association of America, +1-202-296- 0263

Reporter Only Talked to Critics, Cited Anecdotes

WASHINGTON, March 26 /PRNewswire-USNewswire/-- NewsBusters, a media watchdog organization dedicated to exposing bias in the media has taken Reuters reporter Nick Carey to task for last Mondays story entitled: "Pay day" loans exacerbate U.S. housing crisis.

NewsBusters media critic Matthew Vadum writes that the Reuters article treats all payday borrowers as victims, oppressed by Americas ...

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