"Price matters," says Nationstar (NSM -12.4%) CEO Jay Bray, explaining why he pulled the company out of the bidding for ResCap's mortgage portfolio. As the "stalking-horse" bidder, Nationstar is entitled to a break-up fee, but it's unclear how much this is. Meanwhile, Ocwen Financial (OCN), the winner, has given up its 10% spike and now trades flat amidst ideas it overpaid.
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