Advisors representing the bankrupt Residential Capital Corp. will auction off the firm's massive residential servicing portfolio and what's left of its origination arm on Oct. 23, according to court documents.

Investment banking sources told National Mortgage News that Nationstar Mortgage Holdings (NSM) remains the "stalking-horse" bidder and that Ocwen Financial (OCN) and Berkshire Hathaway are also in the running.

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