Mortgage Technology awards OpenClose for strides in credit union loan originations, integration with social media.

West Palm Beach, Fla.  Jun 27, 2012 — Mortgage software developers OpenClose, was once again named by Mortgage Technology magazine as one of the industry’s Top 50 Mortgage Service Providers.  Noted were strides in credit union loan originations and integration with social media.

“OpenClose engages with its customers via social media to communicate ideas and strategies to help lenders take advantage of the online channel, [while it’s] mortgage-specific social media management platform allows lenders to engage with customers while maintaining regulatory compliance,” states the Mortgage Technology article. “As credit unions continue to take a greater share of residential mortgage originations, OpenClose has also developed new features that help train new origination employees.”

Mortgage Technology always does a great job of identifying true trendsetters,” said J.P. Kelly, President, OpenClose. “OpenClose pioneered web-based mortgage software in the ‘90s and continues to lead the way in forging ways for lenders to stay ahead of the pack – not trail it.”

About OpenClose OpenClose is a pioneer of Software as a Service (SaaS) computing solutions for the financial industry since 1999. With OpenClose Social, its social media management software users can easily create and post social media content simultaneously on Facebook, Twitter, YouTube, LinkedIn, corporate websites and blogs. It allows marketers to automatically aggregate pertinent news and content for writing, reposting, and distribution. Administrators can then monitor, track and analyze what’s being said about their company, and competitors. Options include group discussion (forums), blogging; lead management, and multiple accounts posting. Visit the company’s Web site at