Oh Oh.... Does Someone Smell Something? Posted 2010-09-20 07:58 by Karl Denninger Ally, actually "GMAC Mortgage", which changed its name to reduce the "stigma" with taking billions in taxpayer bailouts, has apparently halted foreclosures: GMAC Mortgage may need to take corrective action in connection with some foreclosures in the affected states, according to a two-page memo dated Sept.