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Former Optoma chief in partnership talks

Andrew Seymour, former chief executive of Optoma Mortgage Services, is in talks with Connect Mortgage Group about establishing a packaging partnership.

He will bring his contacts, sales team and experience to the Group’s back-office system.

Seymour says: “There is a place for a company that offers brokers quality service and an experienced sub-prime sales force.”

Seymour, who left Optoma on February 27, says the packager has been haemorrhaging money as a result of merging with Diamond Lifestyle – a processing firm he says cannot handle Optoma’s service load.

Diamond was not available for comment at time of writing.


Last lap

After a couple of visits to the oeteopath and a few calisthenics, Vanessa Blount’s knee is on the mend.

Cool reception for mortgage review

Two of the Industry’s key trade bodies have lambasted The Financial Services Authority for the unsurprising outcome of the second stage of its Mortgage Effectiveness Review.In findings published last week, the FSA revealed that brokers are central to the sub-prime and lifetime markets.The review also shows that sub-prime and lifetime mortgage consumers see Key Facts […]


Under the radar – Fit for Work and sickness absence

Earlier this month we sat in on a presentation delivered by the Fit for Work service, and this session did highlight one small but important change to the offering that we must admit had slipped under our radar. The Sickness Absence Review published in 2010 suggested that the Independent Assessment Service (now branded Fit for Work) should have three access points; referral by […]


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