GMAC stops buuying homes in MASS

Ally Financial Inc.'s GMAC Mortgage unit stopped buying home loans in Massachusetts after the state accused the five biggest mortgage lenders of conducting illegal foreclosures, Bloomberg News reported. http://www.bloomberg.com/news/print/2011-12-02/ally-financial-will-halt-mortgage-purchases-in-massachusetts-after-lawsuit.html http://www.dsnews.com/articles/gmac-counters-lawsuit-with-decision-to-pull-lending-in-massachusetts-2011-12-02