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On Site Coverage: Paperless Mortgages Save Employees Two Hours Per Day

LAS VEGAS -- Not only does an entirely paperless mortgage department make members happy, it also makes sense come budget time.

By Heather Anderson | Updated on October 10, 2008

LAS VEGAS — Not only does an entirely paperless mortgage department make members happy, it also makes sense come budget time.

Joe Brancucci, executive vice president and chief lending officer at $8.5 billion BECU, told ACUMA conference attendees this morning that his paperless mortgage operations saves $206,000 per year in employee efficiency alone. Department employees save more than two hours per day each going paperless, he said.

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