Never heard of that feature. Every launcher / home replacement I've ever used has been the same as stock.... returning you to whatever screen you were on when the screen shut off. Nova doesn't seem to offer it either, just the option to customize the action of the Home button (default screen, app drawer, etc).
I wonder if there's something like Tasker that might allow you to create a macro that says something like "at screen turn on, go to Home" or maybe "when phone is idle for 3 minutes go home then screen off". Never used Tasker or any automated service like that so I'm not sure what its capabilities are. You might want to ask over on the XDA forums as there are a lot of people creating all sorts of apps and you never know whats out there.