Independent Settlement Services, LLC (Independent) has been dedicated to serving our clients in the real estate finance industry since 2005. We deliver national appraisal and title management services with a commitment to champion outstanding service and the highest standards for compliance and quality. Our compliant nationwide service meets the fulfillment needs of mortgage originators, mortgage servicers, quality control companies, due diligence firms and other institutions involved in the real estate finance industry. Our commitment to add value to our customers extends beyond our comprehensive product and service offering. Independent combines industry-leading technology with an experienced staff and an extensive vendor network to deliver superior results. We implement flexible solutions to accommodate processes around your service expectations. Independent is committed to advancing your strategic goals while saving you time, money and resources.
Independent is special to our customers in that we help our clients increase productivity by delivering real estate information solutions more efficiently in all 50 states across the country. As a true vendor partner to our customer, Independent provides:
Comprehensive products and services
Experienced nationwide vendor panel
Performance based vendor assignment
Best-in-class appraisal review
Accurate real estate information services
Timely and reliable customer service
Secure vendor management technology
Full regulatory compliance
Independent operates on the VIBe software platform — asmart appraisal and title vendor management technology from ExaTech. This software technology increases our business process automation and supports configurable workflows. Our integrated partner connections include:
Ed is the managing member and founding partner of Independent Settlement Services. Ed graduated from the University of Pittsburgh in 1991 with a degree in Communications. Over the past 25 years, Ed has created four successful startup companies all serving the mortgage industry. His experience in sales management and strategic planning combined with his passion for creating true vendor partnerships has allowed his companies to prosper in a cyclical industry. As President & CEO of Independent Settlement Services, Ed oversees the executive management team and is responsible for the company’s growth and bottom line. His vision for the company is to continue creating efficiencies for mortgage lenders as a true vendor partner and nationwide service provider. Ed has earned Small Business Person of the Year Awards for Western Pennsylvania and was a finalist for the US Small Business Person of the Year.
Christopher Seymour Senior Vice President, Director of Sales
Chris joined Independent Settlement Services in 2014, and leads the company’s sales and marketing team. He has an accomplished track record of developing new business partnerships in the real estate finance industry by creating value for the client and cultivating long-term relationships. Chris has over 15 years of sales management experience in the real estate appraisal and title management industry. Prior to joining Independent Settlement Services, Chris worked for iMortgage Services, as Vice President, National Sales for 7 years. Chris attended the University of Pittsburgh’s Katz Graduate School of Business, where he earned his MBA. He also holds a Bachelor of Science from the University of Washington.
Joyce G Chezosky Executive Vice President of Human Resources and Business Services
Joyce Chezosky is the Executive Vice President of
Human Resources and Business Services at Independent Settlement Services.
She is an original founding partner of ISS. Joyce is responsible
for human resources which encompasses retaining and hiring top notch employees,
human resources and health benefits management and compliance, payroll,
policies and procedures and business purchasing for the company. Before
joining Independent Settlement Services, Joyce worked as a Purchasing Agent for
Bayer Corporation in their Chemical Division. She was responsible for purchasing
for the Pittsburgh site and helped to implement a streamlined purchasing card
program corporate-wide. Joyce was nominated as part of a team for a
Quality Excellence and won the President’s Achievement Award in 1995
is responsible for compliance and licensing at Independent. JoAnn is an
accomplished professional with 25 years of experience in national appraisal and
title vendor management industry. Prior to joining Independent, JoAnn managed
Vendor Relations at ValuAmerica. JoAnn started her career at Nationwide
Appraisal Services Corp. (NASCO) and moved to iMortgage Services during their
start up, where she built the title and closing department from scratch and
held title agent licenses in multiple states. She is currently a Partner
at Independent Settlement Services.
April began her journey with Independent Settlement Services
when we first opened our doors in 2005. With prior mortgage closing
experience (9 years), she brought client requirement knowledge to our operation
and her positive attitude and hard work has kept her busy over the years.
With her vast industry knowledge, she has often moved within the company
between our Appraisal Operation and Title Department as needed. She has
now moved into the role of Supervisor for the Title Department. This
includes overseeing the complete management and performance of the department,
with a specialty in Closings, Foreclosures, Title Insurance, Customer Service,
and Vendor Management. April's commitment to clear communication and
expertise in both sides of the loan transaction shines through in her
dedication to meeting the needs of clients, borrowers, and vendors.
Hyatt serves as Valuation Manager at Independent Settlement Services where she
oversees day-to-day company operations and performance of the Appraisal, BPO,
and Alternate Valuation teams. She is a critical element in the achievement of
Independent's overall mission of ensuring consistent, on-time delivery of
quality valuations that meet client expectations. Ms. Hyatt has 7 years
experience in the appraisal management and banking industry. Her prior
experience and expertise include Appraisal Operations, Quality Assurance, and
Vendor Management. Ms. Hyatt holds a Bachelor of Science in Business Management
from East Carolina University.
Products and Services
Commerical Property Appraisal
ERC Relocation Appraisal
Property Evaluation Services
Broker Price Opinions (BPO)
Commercial Property BPOs
Automated Valuation Models (AVM)
Title Search Services
Property Report/Current Owner Search/O&E Report
Deed Report/Legal & Vesting Search
Full Title Search
Independent is committed to providing our customers with accurate real estate information and property valuation services. Our process starts with the vendor selection and the quality of our vendor panel. We use smart vendor management technology to assign orders to the most qualified vendor based on performance. Our strategy to assign the highest scoring vendors improves the overall quality of our reports, which ultimately leads to a higher rate of customer satisfaction.Our best-in-class quality control includes automated quality control software combined with manual reviews of all reports. We believe in delivering a high quality product so that you can make business decisions with confidence.
Independent operates as an unbiased third-party vendor partner and service provider to the mortgage industry. We manage all products and services in compliance with federal and state laws as well as specific industry guidelines. More specifically, we adhere to the Dodd-Frank Act in accordance with Appraisal Independence Requirements (AIR), TILA-RESPA, and the Interagency Appraisal and Evaluation Guidelines.
Independent has adopted written policies and processes to provide services in compliance with regulatory requirements, including Appraiser Independence Rules (AIR) created in the 2010 Dodd-Frank Wall Street Report and Consumer Protection Act. Independent supports a contact form called “report AIR infraction” so that a vendor can report and communicate any violations of appraiser independence during the valuation process. All instances, including those communicated by our staff, are reported to our Compliance Department for review and follow up action.
All vendors must by pre-qualified to become approved on our panel. Our vendor approval process includes the review of vendor qualifications and supporting documentation, confirmation on ASC.gov (for appraisers), review of recent work and verification of insurance. Our software conducts continuous audits of existing vendors for documentation compliance, including license expiration and insurance verification. Independent uses vendor scorecards to rate each real estate professional on our vendor panel. Every report is scored for quality based on predetermined rules sets and manual review. This allows vendors to compete for business based on the quality of their work and their service level performance. Vendors can communicate with Independent online through our secure online vendor portal or get support by contacting us by e-mail or by phone.
At Independent, we understand the importance of safeguarding information and data. We utilize a highly secure web application hosted at SSAE 16 (SOC) data centers that are ISO 9000 and 27001 certified. Our best-in-class software technology from ExaTech utilizes the nation’s leading infrastructure from Amazon Web Services. Servers run from data centers located in multiple locations across the United States. Our application requires secure access for all users so that no one can access our system without valid credentials. The application is controlled by multi-factor authentication and contains encrypted data storage. Our company also uses all reasonable, good-faith efforts to maintain physical, electronic and procedural safeguards to protect non-public personal information.
Posted by: Frank C. I have always been impressed with the level of service we receive, any efforts to improve upon an already effective system shows true business integrity (we are either growing or shrinking) and I look forward to working with you, Both now and into the future.
Posted by: Vickie K. I want to make sure you are aware, we are happy with your responsiveness and attention to our communications. You always respond promptly and professionally, and are very agreeable to work with. Thank you to all of you for attention to our concerns.
Posted by: David A. A Strong company with positive people, ideas and the ability to provide; Wish to continue a strong relationship with a wonderful and exciting foundation of ideas and principles...
Posted by: Cel Wow, your response time is exceptional. What a great business partner you are.
Vice President/ CFO
Posted by: Linda We are very happy with your turn around time and the excellent service you give us when we have questions.