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Don't know about the first part as I don't experience that problem (though I read here that others do)...
...but as to returning to the page you were on this is exactly what happens if the Touch goes to sleep. When powering off it seems you go back to the home page after wake up and return to the last saved "reading-mark" of the book; I am not sure if powering off without leaving the book first automatically sets a mark.
Anyway, going to sleep manually is by pulling the powerbutton shortly, powering off holding it longer. In the settings you can select auto-sleep and auto-power-off times and activate both or only one of them and select for each if the cover should be shown in that mode.
I have auto-sleep set at 15 minutes and auto-power-off deactivated, that should result in what you are looking for.
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