Internet and e-mail policy and practice
including Notes on Internet E-mail


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24 Jan 2009

What is a Workout? Money

A friend asked:

Apparently the mortgage holders today are not the loan originators and therefore have little incentive to deal, or should I say workout, one-one with consumers. Can [someone] provide some comments on workout to help clarify the concept?
Workouts are a normal part of bank lending, because foreclosing (or the equivalent) is very expensive, and the bank is often better off agreeing to a smaller or longer loan and actually getting paid.

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  posted at: 13:47 :: permanent link to this entry :: 0 comments
Stable link is https://jl.ly/Money/workout.html

02 Jan 2009

Who pays for e-mail ? Email

An acquaintance wondered why the people who run the systems that receive mail get to make all the rules about what gets delivered. After all, he noted:

The sender pays for bandwidth and agrees to abide by the bandwidth provider's rules.

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  posted at: 22:31 :: permanent link to this entry :: 3 comments
Stable link is https://jl.ly/Email/whopays.html

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201 days ago

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759 days ago

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