Former Optoma chief in partnership talks

Andrew Seymour, former chief executive of Optoma Mortgage Services, and Connect Mortgage Group are locked in negotiations about establishing a packaging partnership.

Seymour thinks a combination of his experience, contacts and sales team with Connect’s back office system could pay dividends.

He says: “There’s a place for a firm that offers brokers quality services and an experienced sub-prime salesforce.”

Seymour resigned as a director of Optoma on February 27 although he still retains shares in the firm.

He alleges that the packager has been haemorrhaging money as a result of merging with Diamond Lifestyle. Diamond was unavailable for comment as Mortgage Strategy went to press.