Business

Pylon and Plaid Team Up to Streamline Verification in Programmatic Mortgage Originations

MENLO PARK, Calif., June 26, 2025--Pylon partners with Plaid to embed income and asset verification into its mortgage automation platform, accelerating programmatic originations.

articlePlaid Inc.June 26, 20252/company/plaid-inc/news/pylon-and-plaid-team-up-to-streamline-verification-in-programmatic-mortgage-originations
Pylon and Plaid Team Up to Streamline Verification in Programmatic Mortgage Originations

About this update from Plaid Inc.

[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":3993,"height":1340,"url":"https://media.zenfs.com/en/business-wire.com/39c91a3bbb4f7e9f02ead7d561a67e6b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/_HgfbTL4OmgxK0x9X.iKjA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTMyMjtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/39c91a3bbb4f7e9f02ead7d561a67e6b","width":960,"height":322},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/RFPbENR2k4y676dmwdaK1A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD04MDY7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/39c91a3bbb4f7e9f02ead7d561a67e6b","width":1200,"height":403}},"lazy":false},{"type":"text","content":"MENLO PARK, Calif., June 26, 2025--(BUSINESS WIRE)--Pylon, the programmatic mortgage infrastructure provider for modern originators, today announced a partnership with Plaid, a leading open finance data platform. Through this integration, Pylon customers can seamlessly access Plaid’s income and asset verification services–critical data sources that power key stages of the mortgage underwriting process–without additional steps.","length":430,"tagName":"p"},{"type":"text","content":"Verifying a borrower’s income, assets, and employment is essential to underwriting, yet most lenders still rely on manual uploads of documents like paystubs and bank statements. With Plaid embedded in Pylon’s mortgage automation software, asset and income data can be programmatically retrieved and verified. This accelerates automated mortgage processing, reduces manual work and processing costs, and improves the borrower experience.","length":436,"tagName":"p"},{"type":"text","content":"Whether customers use Pylon’s out-of-the-box Elements or build on the API, Plaid is fully embedded. Pylon handles credentialing, compliance, and billing on behalf of its customers, enabling a frictionless, secure way to activate verified data sources as part of a fully automated origination flow.","length":297,"tagName":"p"},{"type":"text","content":"Plaid is an approved vendor under both Fannie Mae’s Day 1 Certainty and Freddie Mac’s AIM initiatives, allowing verified asset data to bypass manual underwriting. When combined with Pylon’s automated credit, compliance, and capital workflows, these verified data sources accelerate automated mo...

More updates from Plaid Inc.

PlaidPylondata sourcesmortgage automationincome data