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National Mortgage Professional
Dec 03, 2008

Timios Inc. launches settlement service offeringsMortgagePress.comTimios, settlement services, title insurance, Trevor Stoffer Timios Inc., a nationwide provider of title insurance and settlement services, has made its products and services available to national and regional lenders nationwide. Founded by a group of settlement services veterans, the company operates as a national title agent. Timios utilizes a centralized processing and fulfillment model with one company-wide operating system. Combined with direct integrations with its lender customers, this model ensures fast, accurate processing in a paperless environment which yields superior customer service. The company is licensed in 25 states and anticipates being licensed in 35 states by the end of 2008. "Timios is built on a foundation of customer service, technology and management experience," said Trevor Stoffer, president and CEO of Timios. "Our founders came together to meet a glaring need in the mortgage marketplace for a service-focused provider of title and closing services nationwide. As evidenced by the number of lenders we have already signed up, Timios is meeting this need." The founders of Timios offer a combined 50 years of experience in title insurance and settlement services. In addition to Stoffer, the founding management team includes Raymond Davison as CFO, Len Splane as EVP of national sales, John Corrado as vice president of corporate development and Yutaka Sarumaru as vice president of technology. "The difference between Timios and other title and settlement service providers comes down to one word ... service," said Splane. "The management team has been around this business for a long time, and we know that no matter the economic conditions, no matter the volume of mortgage transactions and no matter the level of technology involved, lenders always seek better customer service. Timios is here to provide that service." For more information, visit
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