ARLINGTON, Va.--(BUSINESS WIRE)--Timios National Corporation (OTCBB: HOMS), a national provider of real estate services to banks, financial institutions and mortgage lenders has appointed Trevor G. Stoffer Chief Operating Officer and Norman E. Gottschalk III Chief Technology Officer.
Mr. Gottschalk joins the company in the recently created position of Chief Technology Officer. With over 25 years of experience in technology within real estate services, Mr. Gottschalk is widely regarded as a pioneer in the industry. Mr. Gottschalk joins the Company from Earnhardt Ganassi & Target Ganassi Racing, where he served as Vice President Information Technology. Prior to Earnhardt Ganassi & Target Ganassi Racing, Mr. Gottschalk won numerous awards, and held several executive positions in Real Estate technology, servicing many of the largest lenders in the United States. Further, Mr. Gottschalk was the principal designer behind the technology system that TNC currently utilizes, and represents a great asset to enhancing the end to end, integrated solution across the Company’s subsidiaries.
Mr. Stoffer has been a director of the Company since October 2, 2012, and since August 2008, founded and has been the President and Chief Executive Officer of Timios, Inc., a wholly-owned, indirect subsidiary of the Company as of July 2011.
C. Thomas McMillen, HOMS Chairman and CEO, stated, “Naming Mr. Stoffer Chief Operating Officer furthers our goal of providing a seamless service experience to our clients while maximizing our sales potential across business lines. Mr. Stoffer’s experience in process improvement and centralized operations management provides TNC a consolidated operational control over sales, operations, and technology that will help further our goal of becoming a leader in the industry.” Mr. McMillen added, “Mr. Gottschalk’s reputation and experience in technology within real estate services is a valuable addition to the management team and we look forward to his contributions to our growing organization.”
Trevor Stoffer, HOMS Chief Operating Officer, stated, “Norman Gottschalk III represents a new stage in technology leadership across our subsidiaries. Mr. Gottschalk has received numerous awards in the information technology industry and his addition furthers our commitment to our clients to provide industry leading technology.”
About Timios National Corporation
Timios National Corporation is a company engaged in the strategic acquisition, development and consolidation of real estate service businesses. The company is focused on creating long-term value by taking controlling interest and developing its subsidiary companies through superior operations and management. Former Maryland Congressman C. Thomas McMillen, who served three consecutive terms in the U.S. House of Representatives from the 4th Congressional District of Maryland, heads the company.
Timios National Corporation operates businesses that provide real estate products and service solutions, growing organically and by acquisitions. The company is targeting emerging companies that are generating revenues but face challenges in scaling their businesses to capitalize on growth opportunities.
Timios National Corporation’s portfolio of companies includes:
Fiducia Real Estate Services, Inc. (“FRES”) is a holding company that provides real estate products and services through its three wholly-owned subsidiaries: Timios, Inc. Timios Appraisal Management, Inc. and Timios Default Servicing, Inc.
Timios, Inc. (“Timios”) is a national title and escrow company licensed to conduct business in forty states and the District of Columbia. The company provides various products and services to banks, direct mortgage companies and mortgage servicing companies through utilizing advanced technology in a paperless operating system. For more information about Timios, please visit www.timios.com.
Timios Appraisal Management, Inc. (“TAM”) is a national appraisal management company providing property valuation services to banks, mortgage companies, portfolio managers and investors. TAM manages a national network of appraisers and utilizes advanced technology to deliver quality controlled products in a paperless environment. For more information about TAM, please visit www.timios.com.
Timios Default Services, Inc. (“TDS”) is national asset management company providing a full range of services in the real estate owned (REO) industry to banks, financial institutions, investors and mortgage companies. TDS manages the disposition of REO properties from eviction to closing of the sale, ensuring the highest return on value through utilizing advanced technology in a paperless environment. For more information about TDS, please visit www.timios.com.
For more information about Timios National Corporation, visit www.timios.com.
Forward-Looking Statement
This release includes certain statements that may be deemed to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future activities, performance, events or developments, are forward-looking statements. Although HOMS believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements.