8-K
filed April 1, 2025, 7:59 PM ET
CIK 0001383094
other material
confidence high
sentiment neutral
materiality 0.40
Santander Drive Auto Receivables Trust 2022-7 changes servicer from SC to Santander Bank N.A. effective April 1, 2025
SANTANDER DRIVE AUTO RECEIVABLES LLC
- Effective April 1, 2025, SBNA assumed servicing of the trust's receivables, replacing SC as servicer under the Sale and Servicing Agreement.
- SBNA is a national bank, wholly-owned by Santander Holdings USA, and will service over 20 securitizations sponsored by SC.
- Omnibus Amendment entered March 27, 2025, adjusts indemnity and repurchase responsibilities for servicer representations from SC as servicer to SC in its individual capacity.
- No financial impact disclosed; servicer change part of broader servicing reorganization within Santander.
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0001193125-25-070437
- form_type
- 8-K
- ticker
- null
- cik
- 0001383094
- company_name
- SANTANDER DRIVE AUTO RECEIVABLES LLC
- filed_at
- 2025-04-01T23:59:59+00:00
- discovered_at
- 2026-05-14T18:02:48.117751+00:00
- generated_at
- 2026-05-24T00:30:50.155674+00:00
- sec_items
- ["1.01", "6.02", "9.01"]
- event_type
- other_material
- sentiment
- neutral
- materiality_score
- 0.4
- calibrated_materiality_score
- 0.4
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0001193125-25-070437
- json_url
- https://secwatch.observer/filing/0001193125-25-070437.json
- markdown_url
- https://secwatch.observer/filing/0001193125-25-070437.md
- text_url
- https://secwatch.observer/filing/0001193125-25-070437.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/1383094/000119312525070437/0001193125-25-070437-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1383094/000119312525070437/d914604d8k.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
- machine_generated
- human_reviewed
- false
- corrected
- false
- correction_note
- null
- correction_timestamp
- null
- superseded_by
- null
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