News reports from The Street claim Nationstar Mortgage Holdings is the likely winning bidder in the war to acquire ResCap, the mortgage division of Ally Financial.

ResCap filed for Chapter 11 bankruptcy protection a month ago, announcing Nationstar as the stalking horse bidder. However, other bidders including Warren Buffett's Berkshire Hathaway, jumped into the fray. Still, a writer for The Street believes Nationstar is the likely winner.

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