8-K
filed April 1, 2025, 7:59 PM ET
CIK 0001383094
other material
confidence high
sentiment neutral
materiality 0.40
Santander Consumer USA transfers auto loan servicing to Santander Bank N.A. effective April 1, 2025
SANTANDER DRIVE AUTO RECEIVABLES LLC
- Omnibus Amendment shifts certain indemnities and repurchase obligations from SC as servicer to SC in its individual capacity.
- Effective April 1, 2025, Santander Bank N.A. assumes servicing of more than 20 securitizations sponsored by SC, including the Issuing Entity.
- SBNA is a wholly-owned subsidiary of Santander Holdings USA; previously serviced motor vehicle contracts since 2023.
- All servicing activities (billing, collections, repossession, etc.) will be performed by SBNA going forward.
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0001193125-25-070448
- 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
- 2026-05-14T18:02:48.118385+00:00
- generated_at
- 2026-05-24T00:32:31.176441+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/0001193125-25-070448
- json_url
- https://secwatch.observer/filing/0001193125-25-070448.json
- markdown_url
- https://secwatch.observer/filing/0001193125-25-070448.md
- text_url
- https://secwatch.observer/filing/0001193125-25-070448.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/1383094/000119312525070448/0001193125-25-070448-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1383094/000119312525070448/d915653d8k.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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This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
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