COUNTRYWIDE FINANCIAL: Pact With Ch. 13 Trustee Shunned by Court

The U.S. Bankruptcy Court for the Western District of Pennsylvania rejected a deal between Countrywide Financial Corp. and a Chapter 13 Trustee in Pittsburgh, Bankruptcy Law 360 reports.

...the U.S. Justice Department believes Countrywide's settlement agreement with Ronda Winnecour, a court official who monitors consumer bankruptcies, "may impede, impair or otherwise chill witness testimony in the U.S. Trustee's ongoing investigation of Countrywide."