DocMagic, a provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, has named Gavin Ales as chief compliance officer.
Ales has hands-on involvement in the development, implementation, and maintenance of DocMagic's compliance products and services. This includes managing DocMagic's library of mortgage loan documents, which are used by lenders and brokers in all 50 states, the District of Columbia, and U.S. Territories, monitoring legal and regulatory changes, and developing and maintaining DocMagic's automated compliance tests and audits.
Prior to joining DocMagic, Ales was the deputy chief compliance officer at Prospect Mortgage. He specializes in mortgage banking compliance; federal and state regulatory compliance; financial services law; real estate law; and consumer credit law, among other disciplines.