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Last $0.35 USD
Change Today 0.00 / 0.00%
Volume 0.0
HOMS On Other Exchanges
As of 8:10 PM 09/30/15 All times are local (Market data is delayed by at least 15 minutes).

timios national corp (HOMS) Snapshot

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52 Week High
04/2/15 - $0.99
52 Week Low
08/17/15 - $0.35
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timios national corp (HOMS) Details

Timios National Corporation, through its subsidiaries, provides real estate services. It offers title and escrow services related to refinance, reverse mortgage, purchase, short sale, deed-in-lieu of foreclosure, and real estate owned (REO) transactions for banks, direct mortgage companies, mortgage servicing companies, and government sponsored enterprises. The company also provides property valuation services, such as full appraisals, quality control reviews, foreclosure appraisals, drive-by appraisals, and other valuation and inspection products and services to banks, mortgage companies, portfolio managers, and investors. In addition, it offers asset management services in the REO industry that consist of multiple listing services, pre-foreclosure valuation and asset preservation, property inspections and pricing options, eviction management, negotiation of sales contracts, accounting and reporting, expense management, title and management curative procedures, title searches, property compliance management, ongoing property preservation, closing facilitation, and contract negotiations to banks, financial institutions, and mortgage companies. The company was formerly known as Homeland Security Capital Corporation and changed its name to Timios National Corporation in August 2012. Timios National Corporation was founded in 1993 and is headquartered in Arlington, Virginia.

155 Employees
Last Reported Date: 03/29/13
Founded in 1993

timios national corp (HOMS) Top Compensated Officers

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timios national corp (HOMS) Key Developments

Timios National Files Form 15

Timios National Corporation has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock, par value $0.001 per share under the Securities Exchange Act of 1934, as amended.

Timios National Corporation Announces Executive Changes

Timios National Corporation announced that effective March 7, 2014, the board of directors of company appointed Trevor Stoffer, the company's current Chief Operating Officer, to serve as Chief Executive Officer of the company effective immediately. Mr. Stoffer has been a director of the company since October 2, 2012, Chief Operating Officer of the company since October 23, 2012, and, since August 2008, founded and has been the President and Chief Executive Officer of Timios Inc. Effective March 7, 2014, the board also appointed Raymond Davison to serve as Chief Financial Officer of the company effective immediately. Mr. Davison, has served as the Chief Financial Officer of Timios Inc. Prior to joining Timios Inc., Mr. Davison served as the Chief Financial Officer for Lenders First Choice from January 2003 to July 2008. Effective March 7, 2014, the board appointed George G. O'Leary and John J. McGlynn III to fill the vacancies then existing on the board and serve as directors of the company. Each of Messrs. O'Leary and McGlynn have been appointed to serve on the board's audit and compensation committees. Mr. O'Leary will serve as the Chair of each committee.

Timios National Corporation Announces Management Changes, Effective March 6, 2014

On February 26, 2014, C. Thomas McMillen submitted notice of his resignation from Timios National Corporation and its subsidiaries in all capacities, including, without limitation, as the Chairman, President and Chief Executive Officer of the company. Mr. McMillen’s resignation is effective as of March 6, 2014. YA Global Investments, L.P., the company’s majority stockholder is disputing the validity of this employment agreement. Mr. McMillen also noted many disagreements with Director Stoffer and the company’s majority stockholder concerning corporate governance practices and the future direction of the company that he had previously communicated to the company. On February 26, 2014, Michael T. Brigante submitted notice of his resignation from the company and its subsidiaries in all capacities, including, without limitation, as Executive Vice President of Finance and Chief Financial Officer of the company. Mr. Brigante’s resignation is effective as of March 6, 2014.


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