Santander Drive Auto Trust 2021-2 Files 8-K
| Field | Detail |
|---|---|
| Company | Santander Drive Auto Receivables Trust 2021-2 |
| Form Type | 8-K |
| Filed Date | Apr 1, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: asset-backed-securities, auto-loans, servicer-change
TL;DR
Santander Drive Auto Trust 2021-2 filed an 8-K, watch for servicer/trustee changes.
AI Summary
Santander Drive Auto Receivables Trust 2021-2 filed an 8-K on April 1, 2025, reporting a change in servicer or trustee and the entry into a material definitive agreement. The filing pertains to ABS asset class, specifically auto loans, with Santander Drive Auto Receivables LLC as the filer.
Why It Matters
This filing indicates potential changes in the operational management or governance of the Santander Drive Auto Receivables Trust 2021-2, which could impact the servicing and administration of its auto loan assets.
Risk Assessment
Risk Level: low — The filing is a standard 8-K reporting procedural changes and does not indicate immediate financial distress or significant negative events.
Key Players & Entities
- Santander Drive Auto Receivables Trust 2021-2 (company) — Filer and subject of the report
- Santander Drive Auto Receivables LLC (company) — Related company, likely the servicer or originator
- April 1, 2025 (date) — Filing date of the 8-K
- March 27, 2025 (date) — Period of report
FAQ
What specific material definitive agreement was entered into by Santander Drive Auto Receivables Trust 2021-2?
The filing indicates the entry into a material definitive agreement, but the specific details of this agreement are not provided in the provided text.
Who is the new servicer or trustee, if a change occurred?
The filing states 'Change of Servicer or Trustee' as an item information, but does not specify the names of any new or departing servicers or trustees.
What is the asset class for Santander Drive Auto Receivables Trust 2021-2?
The asset class is Auto loans.
When was this 8-K filed with the SEC?
This 8-K was filed on April 1, 2025.
What is the business address of Santander Drive Auto Receivables LLC?
The business address is 1601 Elm Street, Suite 800, Dallas, TX 75201.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on April 1, 2025 regarding Santander Drive Auto Receivables Trust 2021-2.