In 2018, Plaid leveraged its technology to address the challenges of the paper-based mortgage with the launch of its first-ever mortgage-focused product, Assets.

Assets links directly to bank accounts and provides a consolidated report of real-time account balances, historical transactions and account holder identity information. This eliminates the need for an applicant to fill out paperwork and is more accurate and current than self-reported information. Additionally, Assets was developed in direct partnership with one of the leading mortgage lenders, Fannie Mae. This means Plaid is authorized to supply asset verification reports to Fannie Mae as part of their Day 1 Certainty initiative. As of 2018, 25% of people in the U.S. with bank accounts have used Plaid. Notable users of Assets include Blend, Ellie Mae, Money Lion and Upstart.