TORRANCE, Calif., Sept. 7, 2022—DocMagic, Inc., the premier provider of fully-compliant loan document generation, regulatory compliance, and comprehensive eMortgage services, announced that its chief compliance officer, Gavin T. Ales, has won HousingWire’s Insiders award. The 2022 list recognized 50 operational all stars in housing who are driving their companies and clients forward.
A well-known industry expert in mortgage banking compliance and law, Ales tackles some of the most challenging compliance issues facing the industry with loan documents and eClosings. In the last 12 months, he has successfully taken on multiple impactful company and industry-based projects, which the judges at HousingWire examined closely and determined Ales’ most recent contributions.
“It is refreshing to see that my efforts on the compliance and legal side of mortgage software are having an operational impact,” stated Ales. “We are constantly doing outstanding things at DocMagic to move the industry forward. Both my team and I are honored to be recognized.”
Winners of HW’s Insiders accolade represent a wide range of occupations within the housing economy, from lending and real estate to fintech. According to HW, Insiders are the internal professionals that their companies turn to with their most important or challenging behind-the-scenes projects, and their contributions and hard work lead to superior results.
Among some of Ales’ key contributions were his assistance in developing DocMagic’s e-Eligibility solution, eDecision™. He also added functionality to DocMagic’s loan generation solution that supports the Americans with Disabilities Act (ADA) for the visually impaired to read mortgage loan documents. In addition, Ales worked on the Affordable Housing Initiative (AHIT) for Freddie Mac that helped create first-ever instruments to include subordinate liens.
And always at the top of Ales’ list of business-critical compliance initiatives is to move the mortgage industry toward going paperless. Looking ahead, Ales seeks to add compliance guidelines and functionality for use by Limited English Proficiency (LEP) borrowers to assist them in better interpreting loan documents.
“Each year, the HW Insiders award represents a versatile group of unsung heroes who are vital to the smooth functioning of their organizations,” HousingWire Editor in Chief Sarah Wheeler said. “While they may operate behind the scenes, the tireless work of these honorees has a huge impact on the larger housing ecosystem. We are honored to recognize this impressive group of industry experts.”
The complete list of HousingWire 2022 Insiders winners can be found at https://www.housingwire.com/articles/361547/.
DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, and web-based systems for the production and delivery of compliant loan document packages. The company’s solutions connect industry participants, promote collaboration, and ensure data integrity to execute precision-based digital lending transactions. The company’s compliance experts and in-house legal staff consistently monitor legal and regulatory changes at both the federal and state levels to ensure accuracy. For more information on DocMagic, visit https://www.docmagic.com/.
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
Profundity Communications, Inc.