Can you define your terms? What do you mean by "realism"? What, precisely, are the philosophies of "ultra-realism" and "moderate-realism"? For that matter, what is the philosophy of "realism"?
Most modern-day philosphies are based on false premises. If there is an opposition in these philosophies but neither has Catholic Truth as a foundation of the philosophical reasoning, then they are arguing which false philosphy is true and both are useless.
Few philosophical modes of thought created in the past few hundred years are able to come to fundamental truths, which is, of course, the purpose of philosphy. They are unable to reach the foundations because they, almost universally, reject God as revealed Truth, and, in fact, are attempting to reach fundamental truth without God, which is impossible because God is Truth itself.
While I doubt that there is really not any opposition here because the two philosophies are probably merely arguing from the same side of the coin, I can't really say until I truly know what these philisophical ideas are. So I will await your explanation.