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July 28, 2016 06:26 am PDT
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/gqAWaYIxqGM/silicon-valley-banks-offer-tec.html
Silicon Valley banks offer tech giants' new hires 100% mortgages on 24 hours' notice
What to do if you've just signed up to work in one of the most expensive real-estate markets in the world, with almost all of your net worth tied up in illiquid shares in your employer's company? Just ask a Silicon Valley bank for a 100% mortgage, which they'll cheerfully supply on 24 hours' notice, with all the "white-glove service" trappings you could ask for. (more…)
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/gqAWaYIxqGM/silicon-valley-banks-offer-tec.html
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