FICO has announced that national mortgage lender, servicer and asset manager Planet Home Lending will be using FICO®? Score 10 T in real-time comparisons for mortgage originations and to inform retention and recapture analytics for its $100 billion servicing portfolio. Xactus will supply Planet with the new score.

As part of this move, the mortgage leader will use FICO's newest, most innovative and predictive scoring model to analyze government and conventional loans originated by its distributed retail division or purchased by the corresponding division. Planet will also employ FICO Score 10 T to further enhance retention and recapture analysis. The company currently posts verified recapture rates as high as 89%.