Santander Drive Auto Trust 2021-4 Files 2024 10-K
| Field | Detail |
|---|---|
| Company | Santander Drive Auto Receivables Trust 2021-4 |
| Form Type | 10-K |
| Filed Date | Mar 26, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: asset-backed-securities, auto-loans, 10-k, securitization
TL;DR
Santander Drive Auto Trust 2021-4 dropped its 2024 10-K. Auto loan ABS performance details inside.
AI Summary
Santander Drive Auto Receivables Trust 2021-4 filed its annual 10-K report for the fiscal year ending December 31, 2024. The filing details the performance and structure of auto loan asset-backed securities issued by the trust. Key entities involved include Santander Drive Auto Receivables Trust 2021-4 and its servicer, SANTANDER DRIVE AUTO RECEIVABLES LLC, both based in Dallas, Texas.
Why It Matters
This filing provides investors and analysts with crucial information on the financial health and operational performance of auto loan-backed securities, impacting the broader auto finance market.
Risk Assessment
Risk Level: medium — Asset-backed securities, especially those tied to auto loans, carry inherent risks related to borrower defaults and economic downturns affecting the automotive sector.
Key Players & Entities
- Santander Drive Auto Receivables Trust 2021-4 (company) — Issuer of asset-backed securities
- SANTANDER DRIVE AUTO RECEIVABLES LLC (company) — Servicer of the auto loans
- Dallas, TX (location) — Business address of the entities
- December 31, 2024 (date) — Fiscal year end for the report
FAQ
What is the primary purpose of this 10-K filing?
The primary purpose is to provide an annual report on the financial condition and operations of the Santander Drive Auto Receivables Trust 2021-4 for the fiscal year ended December 31, 2024.
Who is the servicer for the auto loans in the Santander Drive Auto Receivables Trust 2021-4?
SANTANDER DRIVE AUTO RECEIVABLES LLC is the servicer for the auto loans within the trust.
What type of assets are securitized by the Santander Drive Auto Receivables Trust 2021-4?
The trust is backed by Auto loans, as indicated by the ABS ASSET CLASS.
Where are the main business addresses for the entities involved?
The business address for both Santander Drive Auto Receivables Trust 2021-4 and SANTANDER DRIVE AUTO RECEIVABLES LLC is 1601 ELM STREET, SUITE 800, DALLAS, TX 75201.
What is the SEC file number for this filing?
The SEC file number for Santander Drive Auto Receivables Trust 2021-4 is 333-228364-18, and for SANTANDER DRIVE AUTO RECEIVABLES LLC it is 333-139609.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 26, 2025 regarding Santander Drive Auto Receivables Trust 2021-4.