DocMagic's Gavin T. Ales wins Top 40 Under 40 Award

 DocMagic’s Chief Compliance Officer, Gavin T. Ales, has been honored by National Mortgage Professional (NMP) magazine with its 2021 Top 40 Under 40 award.

The annual list highlights the industry’s most influential mortgage professionals under the age of 40 who exemplify professionalism, perseverance, leadership, and excellence in their respective fields.

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Ales has implemented numerous complex compliance regulations into DocMagic’s software applications, supporting thousands of lending entities across the mortgage supply chain. He oversaw the implementation of TRID, works closely with the CFPB, the GSEs, and ensures lenders remain in compliance at all times---from the moment borrowers and originators engage at the point-of-sale all the way to underwriting, closing, secondary, and servicing. Most recently, he has been key in launching compliant eClosing solutions and eNotarization functionality.

“I am flattered to be acknowledged as someone who has made industry contributions that have had a positive impact,” commented Ales. “DocMagic has truly moved the needle with innovative technologies that are digitizing the lending process. What’s more, adoption of our solutions is at an all-time high. I feel honored to have earned this accolade, but at the end of the day it’s a team-based effort here at DocMagic that’s making the real difference.”

Ales’ legal and compliance department ensures that state, federal, CFPB, and investor-level compliance changes are assessed and accurately incorporated into DocMagic's software platform in a

timely fashion, this includes overseeing constant changes to many loan documents for compliance adherence. Ales specializes in mortgage banking compliance; federal and state regulatory compliance; financial services law; real estate law; and consumer credit law, among other focuses.

The complete list of 2021 Top 40 Under 40 honorees are showcased in the December issue of National Mortgage Professional magazine: https://nationalmortgageprofessional.com/news/nmps-40-under-40-2021.

 

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Total eClose - Settlement Agent Product Training

 

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DocMagic's Settlement Agent eClose Console allows settlement agents to manage the entire eClosing process - from document review, signing and uploads to notary assignment - across hybrid and total eClose transactions. Agents will access the platform through an invitation link received in their email on a per transaction basis.

 

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Total eClose - Notary Product Training

 

 

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Once assigned by the Settlement Agent, Notaries are given access to DocMagic's eClose Console. Here you can send and confirm borrower identification verification, assign a closing date and time, invite the participants and complete the eSignature process. You'll know the status of every loan package with access to a PDF copy of the document.

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Total eClose - Borrower's Journey Product Training

 

 

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DocMagic's Customer Signing Experience offers borrowers a user-friendly platform to electronically read and review documents prior to execution. It’s an easy and intuitive eSign process for desktop, tablet, or mobile.

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User Accounts Product Training

 

Create, edit, and manage DocMagic User accounts

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Plan Manager Product Training

 

Located in the Account Settings of the DocMagic Dashboard, the Plan Manager gives you the ability to manage loan programs for your account. Add or delete loan programs that can be loaded into DocMagic Online or your Integrated LOS solution for generating packages.

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Lender Profile Product Training

 

Enter and manage key organization information used across mortgage documentation. This includes Company Name, Beneficiary, Loss Payee, Licensing/Identification and UCD Provider Credentials among other items.

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DMO Lender Profile Product Training

DocMagic’s Online solution sets a high bar for online data collection, compliance, eSignature services and eClosings.

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SmartClose Product Training

 

SmartCLOSE solves many of the key challenges between lenders and settlement providers with a seamless, bi-directional exchange of data and related information. All relevant parties communicate inside a secure environment during the closing process, offering a true collaborative process.

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LoanProducer Product Training

 

Loan Producer is one of many LOS systems that works seamlessly with DocMagic’s exclusive, proprietary DocMagic Direct integration.

 

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