ARLINGTON, Texas — Ken Burke, chief executive officer of Southside Financial Group, which was recently founded to specialize in acquiring auto portfolios, announced the name of the company's president. Taking on the position is Gary Perdue, a 30-year auto finance veteran. ... [Read More]

SAN BRUNO, Calif. — Nomis Solutions today announced that Chrysler Financial has selected its Price Optimizer for Auto Finance to invest in new pricing technology. The solution is expected to provide Chrysler Financial with improved continuity and efficiency in each of ... [Read More]

PORTLAND, Ore. — Compli recently announced that it is adding more than 100 new electronic compliance content items on its Compli Dealership Compliance Management System, effective June 30. These items will facilitate a more robust "Good Faith" compliance effort that addresses ... [Read More]

DETROIT — A General Motors spokesperson told SubPrime Auto Finance News this morning that the automaker kicked off a 72-Hour Sale today that features zero-percent financing for up to 72 months on select 2008 models. This offer is only available for ... [Read More]

LAKE SUCCESS, N.Y. — DealerTrack is hosting a free online seminar next week that can teach dealers the necessary steps they must take in order to comply with the Federal Trade Commission's Red Flags Rule. The event is scheduled for 2 ... [Read More]

GARDEN CITY, N.Y. — Chase recently announced that it has developed a Web site specifically tailored for dealers to find information about the company's programs and services and quickly make connections. According to officials, ChaseDealer.com includes: —Product and service information. —Answers ... [Read More]

NORFOLK, Va. and IRVING, Texas — AutoExtra.com and AutoMart.com both announced they have partnered with myAutoloan.com, which has launched financing programs on each of the respective Web sites. The Auto Finance Center, powered by myAutoloan.com, is designed to allow AutoExtra.com ... [Read More]

GAITHERSBURG, Md. — SeaTip Software Systems recently announced that its Loan Information Management System customers will now be provided with gateway services from Payment Vision, which is powered by Autoscribe Corp. Essentially, Payment Vision is designed to assemble payments captured at ... [Read More]

HANOVER, Md. —  The newly launched Payment Assurance Technology Association recently held its organizational meeting, as representatives of 11 starter/interrupt/GPS tracking system companies gathered with various officials. According to the organization, the vote to form PATA was passed unanimously. The association's interim ... [Read More]

FORT WORTH, Texas — At its 12th Annual Non-Prime Auto Financing Conference last week, the National Automotive Finance Association members voted on board of director positions. Renewing board seats were the following: —ACS: Nancy McDonald —AmeriCredit: Mark Floyd —Capital One Auto ... [Read More]