Plaid delivers real-time cash flow data for Rocket Companies, helping streamline loan underwriting and consumer budgeting

Plaid is now powering new use cases across Rocket Companies, including mortgage, real estate, and other financial service businesses. The collaboration aims to provide consumers with visibility into their spending, enabling them to save for a home, apply for a mortgage or personal loan, and more. Plaid helps improve the experience for Rocket's clients by powering asset verification in mortgage origination, personal financial management, and automating personal loan underwriting. This partnership comes at an important time as open banking is becoming increasingly significant, offering a more secure and efficient way to apply for mortgages compared to traditional paper statements.